New-York tribune. [volume] (New York [N.Y.]) 1866-1924, January 05, 1876, Image 3

Search America's historic newspaper pages from 1770-1963 or use the U.S. Newspaper Directory to find information about American newspapers published between 1690-present. Chronicling America is sponsored jointly by the National Endowment for the Humanities external link and the Library of Congress. Learn more

{
                  title: 'New-York tribune. [volume] (New York [N.Y.]) 1866-1924, January 05, 1876, Page 3, Image 3',
                  download_links: [
                  {
                   link: 'https://www.loc.gov/rss/ndnp/ndnp.xml',
                   label: 'application/rss+xml',
                   meta: 'News about Chronicling America - RSS Feed',
                  },
                  
{
    link: '/lccn/sn83030214/1876-01-05/ed-1/seq-3.jp2',
    label: 'image/jp2',
    meta: '',
},
{
    link: '/lccn/sn83030214/1876-01-05/ed-1/seq-3.pdf',
    label: 'application/pdf',
    meta: '',
},
{
    link: '/lccn/sn83030214/1876-01-05/ed-1/seq-3/ocr.xml',
    label: 'application/xml',
    meta: '',
},
{
    link: '/lccn/sn83030214/1876-01-05/ed-1/seq-3/ocr.txt',
    label: 'text/plain',
    meta: '',
},

                  ]
                }

New-York tribune. [volume], January 05, 1876, Page 3, Image 3
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Image provided by: Library of Congress, Washington, DC

Image: of 10.

Page

All Pages

Issues

All Issues Text | PDF | JP2 (6.0 MB)

New-York tribune. [volume] (New York [N.Y.]), 05 Jan. 1876. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83030214/1876-01-05/ed-1/seq-3/>

Newspaper Page Text

treasury Tin v arc vuMly gri aur. Atna that starts lu
ils career by ?lfstiirhlng the natural cnursc? of prti ?te
ludusiry. and lmiiairmg the prodwtive power ?M tabor.
bbi! thru eiimes lo the consumer, distend?.I by pri.tlt? nf
,u,MC>.?ive tatermedtanes, and by tas-raaee agatesl the
?masof a tickle or unc<-rlain governmental policy, and ut
. Uii.-tualiiiK liuv? rnuieutal standard ?f Value, bllgfatS
fc.iinanw-ill-it.i.- st ev.-j-.y-.rip Wi.oti It r. ... in .? tim
IM..?.--M? child of tun. wim boy; his bread bv the single
?Wfaad his fuel bi tbs basket, It deveara bia earnings
and inti.it? ?lu vittiuii.
A OOV-BBMtBfAl ' LAM 01 rAX C03t? NBBB.
Aiiuil.T .v n ' i m h a M ?t. in ' f ? v. < sMva tav.ition i?.
that it ? ria!, ?nal BQB-IShlB B gOUIMBoatal t?mM With
in i?m it? t"i. mea aarvtaea smi M catarBi eeanpensss
la.n It, i>.>t.t1i''.> tetitimr?. t" Inv tit j.'l.? Bad taatM all
rim,? ..f npeadttare leadeaetaa aareetoalned hythe
wiebf.de>.! and flim ?..?.lof H-r?.....^ ..it? i.*t. vvhi, h
?Vous ,,, ,i.|. -. piiv ate bm?n ??
BL:^o^::?;;n''v..>'?;.'?.-;l;v?v;,::':;t^l^:Vl,':r.,;?
_.!..,._ witii in.- trui? ? '?' rill? in?* uiii'1-t.iiii/J n ma??? ?
Lia!rrni?:v?rv eieeas beyond Chat ?i> far a? It la ??vii bl
liv-niMiui. iinii-iv transf?re to him what Juioin.-? to the
?eoiiic .-u fai as such exc?s? Is oonsunted, ?i i? a
sfeanltal.asabaoluM aslf wheal of equal raine
vv BSV
W i It
?ii ?ti'i'ieit bj Are or gold ?n ra ?una ta the oe an
probably ?m h wa_is by govemnieutal exp? nditure In
iiniitviii ?-.ir? stace the war anwanta io nt i?-?i?.t a?
?m li a? our: present natlunal debt.
NBM01 i L.svi! Bl IB mr BOOTB,
it unmet be deaated that the ayitamatM aadaatraBM
inu-i-ui. nilli' lit llnpt'Mtl ntl the Katt S nf tia V a ?I li ll.'t*
jr. a'l.v ii. tm led ft "in ear aatlenal praepi Hty. in theos
kapai lil -hf?d i-mimili!!.i ?? it I'.mict Mopped With til"
?int.i.aiv ifft? t? uf luiimiant aad dMheaeM a*?alnletrn
?jin it ha? niti.it??I ?ipon theiii aneeaaeae Maaaa al
fi mi ah nt hoads, the scantj avails of e huh vi ? ra wann i
?i Motan, aad the existence of which Is s oubli? discredit,
Madtaa to bankruptcy or repiidlatlon. li? Ux**?e, gener?
ally oppressive. In sum. lustanee? imv eouflacati-d th?
rtitir- i;i(-i'iui "f propt t tv. and lotaUj deetroyed ii? mai
kefi'LIt valu".
In .i ret'lnii five tiiiu ? .is large as tim British 1 ?le? lind
thru- times aa large a? Kunu?-, attoundlng n all the de?
an ut? ti natural wealth, u h t- d< stroj i i coufldi m ? aud
nvdii m all transactions, diffused uncertainty and dil
trust every when, and ? nsumed existing capital, while
ret.irilii._- production and paralyzing thee?terprise bl
which -.Hill waste might be repaired and fature growta
awuretl.
Tm? ayMem, aft! r it? i hararier i>? raine known te ni as
will aaio til"?' I'.iinti.v iii.it. I. abhorred by all thi ln
tclle. t ami vii tm- ni du communities In which It exists,
und in tin ir j-n i. it opinion, ha- ia- u n ia ? n i dm ii through
Mag years i v the f um and patronage ol .lu r\ h-ral
Duvt'niim ni i'.v tin* moral coercion uf IMpreel
tin- ?t,tinline menace and occs tonal exercise of Its mil*
larv |m'vvi i
if i- Impossildi th it ?m h w Hau.*? should not react opon
n? The imiia ii.: luff? ii in bj it are the pre lu i ol
lour te.it'i? of the i\|?ut..l eommodltti , ei
-.[??? a. i.f mir whole -iiiciiii i?tKi peiip.i-, and of the m -i
impt rianl i iw ti - -? uv o di ui< itie inanufai
ni.? im-. ,r i.-. n ni- ai ii eomninnittcs, which, mo?
. ; what thi i p ud ? ? md buy ?lut
the] consume, I'm-v are oui most
1er the prodii t? "f our own lud istrh - md fi i oui nu r
..i ru v make ui f u tors In ?li tin tr trunsiu
eh ci nts na th
, ,-.. ? the larg! -t li
, .,?;!,.. i m. ?.?i thruugbu ii ibi wan,, oonntrj
Ml t I I AIHiN am? 01 BBTBAWXO.
Other taBaes m haveheea at week ta deteriorate Um
fln.iliei.il ..'lullll'ill of our pin.pi- l-l p? I lui lui- I'? ?li
full 11 l.-ni. i..,. - to onsoundm ?* In the manag) mi ni ol
pin.it.? baa?m --. ?lui ka :
tainui?, a ' - live exelt
ti. i ntl ?;'ii-. ? v.',:. ti hi
ti ve. and in in v, -i mi" - .'. i n n fail I > y leid revenue and
luv, lout their ss ra i capital eniburked lu
inch untieri ? ?' I i ' t!-' ??
i esdlminisl?ed and their converilbh pro|>crtj ic
ti.'.
Event ? . . tof the
ipli .t ol the times, and became 1
Fronts W?Mil .'n' In i?art from the swelling of i
..iii?-? u-uin'.-il ' m -?? v. au weir i.m i.
rount ou Hi' li i 'i i -i. ? '!??? and to -.?_..., e-, their under?
takings or i ngatti rai .-*".': ?ion.
im" who E ii tal luvest? i In land md
building? ui 1 ?: ? "... v. vi ni. b Is i.i"! fixed c?
end h.iif invented lu raw mab '? de to empli?)
woilttueu. vviiiih ;? railed circulating capital, and waa
do-agAttfi ami i a-.v I'liiim .??? was induced, for ti
!.?Me nf ? ni irglug that busluiss, 1 ? stn enl
n ft\? ! foi um Iii then for. tie? di J doi
og capital ; and ?h-'im? of owning it ill, had to I
Itali. The turn of lue times disabled bimft
enlarge?! prodii loi pei isps even an equal produ
sell?ig without a.-- ? ai d wbt u lu n
tin amount ol ! - form? i . .'?? rloi irrj
un ii ? order to i.i I
u u vi...! ..i t...- n..m.. ; !.. lound ti al
tin , v tbi-r discovered that an i-nterprise which
m i> !? r.I takes long r to bring returns than h(
paled. Another beiraii winn cr?dil wa* cas*,, at
tu tuit -i i- bon . ?
i . n i"- hup. ? ii profil were undiiuiaUbed, foundll
?lilhi .m to ? u i.i his li
\\ ii.-ti lu.- eil
. :. t w n i vi end ? les? to
i . . A period of fs
luVI lilt li?'
i.ri .? ' - nid t linton ut t m
cn etina v kclssitildi
Bathe) a., tin in-' lvt ? tin results of som? primar)
I \ v.... i v ii i. i ..?i m- M1DM I.' l v.
At outgrowth ni : hi mu m moi I I ?
i - and unrea i a ? Ung I ? ?
Hu -J. Lui Bal? !?: ' ? '? bil h t!a ?.nul.u . |. .
retail pi ne w hn li tin c - ::.. i ; . KO dOUbl pt"
haaged Baetaattaain prices tanda daring the apwsrd
iiuivt uni. t li ??., i< aaa thi i kargt - "f n Idd ? nu n, and to
em.itu,-. the i i.i--. Bat the root of thi evil li the nacer
taiaty and Instability Th( Im] tothi price ol
? vi iv Brill '? bi Im] ' !'- ? i the prici
ha pa) ?for eve v artich be ex|?orts, as ins renee against
the possible variation ia the valu ol greenback?
converted Into lix money of the world, and
possible changes of (Li i*?-i mental policy at Washington.
Sin ".ia i' !n i! .:'????! thal I "li "I tl.a.
l.i ? li i.'lf nu' ible !.'
a*.' ?m nt ol ex|s nditure,
on! !?? i ?n uv m production Such are the bum
? . ' V ?
consul
1 - rowth im Ina
the last 1 vv h.,1 an Um ultimate i bum -, aud
what an ti
Bl vv vi.li, - is ii RE*] IB ni'- -I .^i I -'.
Te iii' p.. ps ? ?' th.? -'at. Um -'? are ti
aahiea la 1874 ear Mate taz waa near!) gl8,ui>i,?OO.
Oar taral tax?e were over 942,000,000 0
han ? ? '. un ti i avi ian- of 11
pearn, ?f eoaapated ea population, would exceed
! ui.iMMi.tiiiti, or tf i iiiii|uiti-il by ci ti?
ti' ???? -? ' OB u Iii .? uf t.'.i '
li.tinna! I unvi ut .mi ni I??.?, wmi? fm tai -, ,-,(I , v ,., ,j
-(.t.? I 1,4 M li t, ut I
Ike Peden mt has the dlreel tad ? < 'u-h?
i.-1 "i.-.lulu> f. i it- own immense expenditure, sud fur
ii? ',. rta ree] ? ' t to the great producios
It eontrol ed the 11 <?
reaeyand ti"; banging of the eonatry. II baa been the
priai Ipal J ah r la thep
Van ti?, al li in- ? u n-. I:? f'.'.aii Hd I ' ? !
la hie I'.mi fii'tii daj today, the sappi] aad
the loan tnatki t ?u the teuiir at e.ipit.i' aad BOBUn? r? ?
ii.?- u im- ..f mu taralga exehaages, the pri?es of (
lilli 'III|il.I I?. Hi. ,,Ua,,ll uf l|?- I ill ,1,,-,t ?lit' nu Lunn, till
Partaattaa ataadardel ralaaa raeegntaed by law ea the
mie m ali ii -.?. ?i4- ?mi i By the loree e( Ita
aaaaaph ; bj Mea n ad mt . obi i optaloa .u gani I la a
pnatad "f pii'i?' danger, dnriag win? h tin i sepile f< na? i
tu- ti.ti.it al toltawlng it? katatahlpi by ita mnaai ni
pnapagaltag the Ideas aeeerdtag le whleh Ma ewa opera.
?ei. eeadBBted] by ali the?e as win u? hythe
?iir.it rfPeeta al Ita aettea.Ila BMeearee, ead ?t.- policy,
Ita i ?al' ral (.uv. raaaaai baa, therefon. praettaaU) dom
laated arei all bBeharea aad all taiaatriea, aad created
aeadMtaaa ?Mai shape the eeadaei el tadlvM
Iheir pr'.iliu Lim and Benanuiptiun. and ad Meal fiviTii
tm-nt? lu theil expenditure?, taxatioii, and creation <f
di i.
li ? natural that such a con diMea of men's BBB-Maa
iftaii? ?huii i tu prolific a| lllutury and a_Behtovoua
icheini? fur lelu-f. A vanie mtluii |? allanah ely enter
taiied that a new i<.?,if nf U .-?', t. ml? t imt, | VOBld B-brd
?neffictiial ree.,,?Ij- Thi? talla? y 1? l.irp ly duelo thi;
false thc.rv parvadlag n.atly ai the literanix- nf p?,]tt).
"dBeaaeaayeatotheageaep arhlah the aaaatlty el the
(iiriviiey, even when ? .-mvalent to coln, has lu . aiiMiig
it. 1?? of hiith and low pure?
Aa high pateaa and expanded rnrrency and law prli <+
and .?.iitra. t??l IBB I ana j, have I*-iu BBBB-P fuiiml t?>
fether, the effect lins ?ws-n utntaVeji for the aaMB It :*
etteu assumed that the hank?, even BBSB IBdBaa_ng
their uotcs in coln. ? an eipand their Usties lu oxi?-??-of
!he need? of the i ?.immunity, ?ni thereby originate Mid
ronsumiustc s general and prolonged rl?,c of pah aa
An analyd-t of the ftineuous uf the 00avert_Ma hank
aote, or of the paaaaBI hy whlvh tyclesof high ptiee?
Kxur. will M|ii-!!v confute thi? ?pinion. A study of the
ai'terof taaeaeedewhtah -nea iamail m pertadael
rising prie.;? m tUk|_Dd and Hie United tmanWW, under?
cenvertibl? curreney. ibu?, that oswdb the apeen]?
Uve movemeuv at all ,toge?. pram dea toe kana of
bsnk notes
?am .vins an iM.ti.siikam nur o?? caaon
??AOUKKRV.
The eonrertihle l.ank note m but a ?mill p?n_on of the
muniments of credit us. i in a commercial country It
la adapted to the want? of persons who do not keep Hank
account?, and th? want?, lu petty trnnsat. ?on?, of tbo?e
who do ki. p haul, a? i outils It bears no luteci ?t Btid
the Loldti ha? a nu.tire U> kei-p on hand only _i asaith h*
ft? thinks he insv um air?- foi ei|?ectedor puhnibh pur
?hs?e? or ]>ariueuts, aud to invest BB lend the surplu? ?o
that H will lu rome prndurilv". If a hai,I lend? lu nut?
to a horro wmi to iiiske a jta> ment or n pun late, the use
For that pnr|M)?e is hut foi an instant. Lille.? the imte li
reclt ?d by or panaed lo miine per?un ?sho detain? It for a
"nture piirpoae, It milo? dirt'ely s;oe? hack to the i??uer
iii? ?i-.li th?. aaehaagM Bttfeathee batiks it im? tn be
ltd? emeu hy mini-ins other losni. ?r bv a teini-uiaiv io?e
Bf rt portion of the uruial re?erve of the ir-mer The life
of a bank ru ti I? made up of a ?urn *.-,.ii of luataiititii
eui? BBSS? alieniatlii?.'with n Basessati 1.1 f protons d de
I leiilu.n? The ipi.-iuHiy that arti! it-i.kout.it ai y lunn
time depend? uiumly on tin cipe, tan? y i.f indi?
vidual? a? to the fiilure ti?liii-.i. tit.ns. ami. In ?i
1. ?-.. i ili^-r.., on Hie ?tate (if pillia, which vary the
iiiie.uiit aaad in Um aana Uaaaaettee. Ia tune?
of rirdag vpi ??illilii.m, nu wanta ?-f UM eaai
numil y Basait a hurgn gnaatllj Bach tnaaw
non employa an ariioi.-nt ealniTgad m pnpettlsa nias
eahaaeei pelen i BraaaaeUern hnena mon fanjaeat,
und the d? tenthill of the mi-ana of fin ure tram-action?
au bneneed hy m gnon riii?p(i?.iti(iii te bhUti Um m, and
Ibbb chic to aseaasntsa mtereet, if u Um eaaipeUUoa of
int ( r? w fiii-b pata up price? la a garlad rta* apnialattea
Hunk lint?? l?ate infinitely Ina todo wtth erigfnuttag
?piininti.ui. or even f uiii inh I n*.- Hu ine.ili? ?Alien -lu It
? Iian be ?ii?iH!iird, tlinii tin- utbi r part? uf Hu linn huieiy
i at*credit itauk aatn,u caneaey.n they are i ulled,
arc Bal au inaltrnillcaiit portion of the BMB?S of purchat-c
! ?r payment. The traii-actlon? effected by iherk. BBM r
Bttag to traii?fer Baal deposit?, in Hie CKy of New-York,
aiuotirit now, in evsty a-1/?tit day?-anil anriu-yi-ara at;o
in Story II? ?? da.t ?-to ru- larne a ?uni ne all the h yal len
der? and lum? note? in Hie hand* al the luxiple of the
whole fluted Blain I?a payment? ( ti' I kti at the latin
dun Plearlag hean anawa la et cry twa ?tay? io ?w? minti
a? Hie Whole ( iri-ul-itin?" medium of ttie t'nlted K1n?nl.iir.
lin- ethel instrument? of m-du by ?im h baassasa la eao
mil ..?i?ersehn Lock aeeeonta, notn el hoad?Mila si
, v, BBBge, riiafte, I heekl OB I aiiU ih punt tit ttun- many
t.ii,, - Um vu?tune of Boah non ?.
oran ivtsiitvMrvis.,. ? i?fiht roof00000.
ppeealatrn yanhaaea ara aaarly alwaya batUaled by
1\i. u?e i.f per?i uni cu-dlt In ?ii. li tillie? ronridence 1?
high; andll i? fnerrygfrvea sad readily net ?peen. The
transaction? ?ne irciuially in.ide on hook account? or
note? of hand The* ?treat IBB roiiitnatul of the I,tiver?
?n uiiUiuitcd assen?t, and nitheat anrisj or ineonv?
nun,e Baah (ruin? ealled aepaatta naehaahnene
(nu ka oi't.mied unit by borrawtag gnanehgnrfoaea
t..nil; nute,, an only aaed m aaaall tnaaaetasos, ami le a
( idupar.itivi ly iii?l-:nttti nut extent.
The leane (,f bank n.diH, if BOt limited to ii lied
am. uni, i? iri in rally ii-H.t.in i! bj ..ni ? wlu. h n,| i.n I
depiiMt of .?!?( lii'in ? With UM (.on rtuiiciit : ami the pro
eenef leane la bo How and Im envi ah at thal a aaddea
and hilve nu n .u. I? not peOBfMa i hOM that are In tin
I uni.? of UM pul.lie ciuiiiut cat- 'y ha i "I ul"l Bl Btlgl
aiiioutit?', hut ? t-. Mattered ?ti raaall Mun aasaag mi., mi
of h.iiier? throaghaal aeoatinent.
On the whale, then, n i? d. manitrabla th.it baal! aoti *
or ciiliencv. vilu ii c. nu I'll.le. bute h.?s Bgl ...vi'i'iu
mating or facilitating ? -.-mimiiI irafonlatkra thaa anj
ultu-: portloa of in?-vi?: raaclitnery >,r eredlt.al which
tfcej f.-iui M Im "ii?nl('ral.li- ?i part The falM li,euri
11, ?it tin i ?ire Hu niii.-ti r , tun of ?-ti.,-, and ill-, tu , IP ii?
of pi i,. -. .nu! t bit a i: ? iiertiiiuiit.il reffulaUoB of theil
l iMIIl.c li ,?1 Mil I! the He lu, inn u? V Iii ??I I mil ? '.li I'.?
In which ('oiuiiiini.il (-,,lutin-, carrying on ml rrcdil
Iranaactiona, arc periodical)] mbject, wai thal
tha plan adopted In 1044, on the rvj-ekartei of tin Bank
of England rhethenj --va- then tera hyafewoftbi
ilnkera. to bedraUtuteof truth it baa alan been
, , ii.i li :. 1> u fat. .1 ! i ? t pi i ,i ni. .
t i BOl II li 1 Al i vi v.
Ia Um infancy of the very i rienri of pi
ei .dum i . a n. ? It a
?.iel th.it, ?f pnrchanri ahonld - idd? : ?! two ?- d
:,,r o;,, m ii,, u i"? ii, :-. Um ? ? ' i i ? ,??
umodltb ? li-, i !? ; . .i - i i
tiiiili in it.iv'i't by anaming u a condition Um i
to he proved. It would not fce trne of my one buvei it
i h true of nil eolleeUvi
I nad id. k i .,;i- t, 1..,; pCOCd li? in ?*" d
quantity .a t \.*t onlyaaa eonaequ re ol an In
' It i?. d d. lu Ul'1 it " ? li '
' . lime ? ihn Im : mm m
m alta ."i coman h i ? ol pnpo
? .
.mu atlon of the pre. ? ?
an lae rent d eatenalan of eredit mnhlnery hn b< ?
Bank or ot i, coal
a? mu? h to all ni e the burner, n ? .-i.i
lull if m ,
dit nina!? pn '? t to h?, coln f" ? ena unall pnport
Hu r. ability, or to bold ttMhj ni
? i ii?tdi ra, ("tiiii.t reis
. :. ie tltelr i rved at. ? I m to evi ?. a i
p. i . ral... of t ?:? i at. n? on of ? pent
? a would outran toe production of the pn
taking noa uni al the Inaatlafah i
I in fax ' la. thal p: pi lan il ai liol
, . ? ? ? ?
he beet Judg
aMat they can form of the happealng Bad Hi? rtt
- if m.uki i.it? i!.? ?- .;
au ,i fti-i? ni in 11,11 , ike Ab ? x, i -- al ui.ti,-.- * vthii h
periak ia a few day a, or ot aim i go ant
.. ?',, i* worth* m An cid ? of gi Id ?t..... :,
deatrnctlble, andeny. cbenp, ind aafi to Bold, li ?
lion of latemt at the loweal rate for the period It)
?,, rea i n an kand,
LAW 01 I'LliU.' IA ? ins 01 IM ..??V 1 I ? il? I. ill:
Bl SI i.
i :. tit ? n , .ii.ni, rf ( ru : ga lender tri -
i by any ai Ithiu. ; foi ?-. iii i. ?
tw which govern It 1? tbi ,i?.mtforlnterrtt
bia time of p i rm m and forint ranee i
Balkan two elementa an eitimated b tin .
?m ni ol in?, ?nu?, io en ind f.,- It, bj :
tin 1 trament U na, or to red
; t i... a iii? d ira indi ? n ." I bj I ia :, ra Ind
ii :? gal lei lew I rtbeGovei mm : toa
ii _ i.'.. t m!,., h ora ?? io fa ' ? ipn
, - .
ii :- eenatetaal with Mu- s admit and a
that the Inae al legal-tenOVi rreuarynu
. ?? m ? i. ted groat pot tri cr prtcei It acted
nil tie , ... . ? ? ? I
i .- . at ?'? I ? ' ? l the fi
.- recourt foi u i i au ol a ?r . ?,.. Utui ? I I
ratti .,(muni w. .uni 11 n Baaad i.-,
?.mu? to a i|. La-, m? ni ol the comparatively in
eaat fand of etnulatlng endita with wl
m?-',-! ii i,' ?! ? : It . ? ? I. d ,i ,;,i.. Kim Of doubt llOW
oftea and to what ei at It might n-.ur ta n daa
peeUeat great rall ? .? - t . the t rae and tia?
'.ti'iiny ed aillante n lemptloa Vndei tan Inflo
di. ( ?. in 111- vu i ??it mli a al in, i: ,it (.pi i.it o i -, the <!:
rat? tots blag al ti? ( itreus poll I I
? - m mi ?lu. pal valm
The human
?1. ??red or rlreaded mlltj towhlehll kmka forward tod
It aeta a great port to thaa eyelet taf nreadiag prlcca
mid di ra ending pri ei ?vi,., ?i bappi n la bl ?hi1 i us * 11
? lal i-iiiiiiiic?. Hie luik-in i- In mu.,, , , :,i ii,;,i i,,; m,
anticipation of a rln In Um market valut of obi oi (non
eommoditiea, which extenda ?,- by contagion to (?there,
m m an -nu. tatton of ,. gi neral ri eof pi i- - iii. up
wardnaveanat aonithnea nat i enral i> u*i
'iii. i xi !?? u.? i.t begin v. itini- ii. i? for piont or ara i i
inn. The laetranat ali of i n All find i reaghl Isla nqul
hi:., ?i arc ihu?.- whick ara coaunaly usisi bj Una
. itten The ant?II ranaantera .ne th? ia?t rea bed
Tin ?i baal solea an ?trended, anti they generally eos
linne la laen a?, fee tome time, aftir the lUmu?*.uni tiun
of UM a[iei ll.ilioli.
The Kudion ktonid lui? i,!?,,- kg the BMnaahaaatMa
el inoepecalaUvi Impalae. BoanUatea it dnnhapt?en
wlthoot ant nilli r ran a ??>c. iiii.tikc moveaoi at v. te a
u eeasea logs ap ward na bal fail. Bal (.fien -omi apanlal
ciii?a: l?terveu. ? to pr.-diutate the ratiirtlrophe.
(At ?-is np une pfrogBNT urn i ion.
laen pineal can Um moat impartant saan at m m
Hon la the luimenae waste of our capital, which lina gone
.,ia in mi th.- raaAaa .i. aeriboa, and aayiri ? i.> bj i ?. aasln
govi ruraaafa? eoaanaBytloBk An aeeeaaory non ki UM
fall in pi Ice? of many of ?mi ataple?, wini li aro now ino
grand la aseen of the ratiririty of private ('iii-iiinpHun
h| an luiiHivcrlklfi-d i??,!,le IfeSM are alao moral eau-w s
aetHiir on the puhltc mind. A popalar (nor en?ted that
pi in-? would not fall ?, \',i.u ,t? Ui. volume of leyal ten
d- is and hank hotee r ? nlii.tied uiuinuinUhed ililli y
made Hu li l.ii*i!i. ?a, , nu :.l.i'',.i,? ou thal tb> <u> . and are
d.aapiaiinted and tlieir ? oiilldi u<>- ia tin ii own opluiui?
iU)?ettl(?l.
Tbeae ape? lal t-aiu-ii. In ?tdriitloti to the natural ex
1,'.ll.-t, ,,. >,r a fli I :'uni? I ti it?-iii.-tit. I.'ok.-tim pul.II. Hill
Ilona, ?bli h bad l?-?-u Killel .-l-l hy faine i> ?t-Ui? niel
falive theorli a. A |m?_t ? I.m?'? BOSBSi in tbt) opinion and
fittllnir uf UM people, In con!id??r? ami credit, in Hie vol
untnry machluery "f Imnineait. .- hi'.'! . ipaieU and ron
trrw-ta aroordliifr to the Surt*utU?g ti-ni|>??"- and purpose?
of indit nlu?ala A (Hirroapondlna; f.all of pnrea reauilte?!
Hut the qii?otlty of lttfral ?? ndnr and hank not?--in Hie
hat.ii? of the piihli.: had not li.? o i li un ni a h ed. That gan
tatj, ea.luditiar itioae beld by tlie Ha-ivuiy und bank?.
wa? Itiyr at Hie cn?!? tn i?ei?teint>er ami t>ct?tl?er, 1H7H,
Hutu at wy pnvkna time. Yet the o- nttnnnnc?; of I he
volunie o? the currency?the enlargement of it, dad not
i ihfi?i? atiesa --id m,i atoa *t*< tin fan of pBt?saa
BBOMtOUTO issir ?.finit.
| In aucb a ?lal? of feels. It ia obvion? how utUrlv futile
to armit, how. more than futile to revere? the operation
; of tlieae pot. nt causea would hi a ne? laaue of any mod
I r*ate (|uuntliy of lea-ai tender?. A auddirU and uni i
[ pet ted di flci? ucy of currency ?omi tim??, l_d>l?-r,? ; and.
batanbaabaSaa can he aenaOa4tothoaeweeas^isa.n
: ran iii.,I a ?ub?titute lu ?(luir Bthn inmiiuu nt of ei
j chai.gc, much teuipoiary l?ceuveuHui-c nuay be felt !
?-?iii. a ?tate of thin-r?leB'hub anew BBBB mi|M t*
I '.? .i|'n! -does not rust. Un Hu- contrary, Um ?e ,? a?
! ?uri-dly aa adei-iiitte ?apply nf eui roney fur the wants of
l luismesa and even a surplus. In i ijrllt y?_rs out nf ten,
I tin- deuiattd for front five to ten per c? lit tulditlBBBl cur?
ri ney in the A nt u inn l?i innve the i rope, create? whi\t i?
e.iiied a " pall pinch.'' There ??>? aaaa in ihT.'i. lae
?m pius i iiii?-n -, pn i iitusiy on hand Mesa tiisn peat ui?<i
tar thal sp? i ni teaaperarj aaaaaad, iii? beahaeoatiaacd
IB lelnl theil (i.ilsiu '?? nu call at low ra'? ? ihc tenilenej
I tu n?luif the circu?:nmu turansc of Die lack of pintltalie
| employment i? still in.u.1ft ?t. The New turk ?-it> n.ink?
reduced tlietr iililslHIult.g nute?, I? tvti i li I ?7.( iuni l-?7."i,
flinn ?f.i-'.(Km,(SKI to I? ?s than 118,000,000.
Nor won!?! suth an addittoBBj issue of leutsl fcinli r?
gtaa any ?lirect relief to eiul'?irrii?si d persons TBC imle-i
issued vvuiili have to he paid for ill" illltl.nilli with
aaabBaTtaaeed i-crson? >? that tiny have not avaBahta
pttipeity ta Beaver! Into turreni-, Ifthe* ''?-I thm-nn
reretaa coud ha aa nan ranetod erith the ealattagaaMa
of eui n in y s,? rtftt r ?m li a ni w i??uc
Nor wculil ?iii> moi. rate l??uc of legal tetulii? hs?e
the least powir to revive the condition of liusliu??
tiiinui'ii wi.itii we have passed* th" eeaa_Henel hiK'1
and nslnp price? of iiinriisal disposition to enlurire
operation?, BBdertBha BOB enlerpnsi?. mid enter into
n? w ?im i ni,iimn? uf aaeeaad eoafldeaeo ami reekleea
use of credit ; a condition which liupnittd an appar? nt
but ft. lititni? prosperity to i very thin?; and eicrylxxly,
iiiut fun,is ,ed an unnatural market for all prepi rty.
Experience ?towa that, after BMhaBlaaaafhattaeaa.a
parted follow? m ?im h tin- appaatte Meaa ami fi-eiinK*
prevail Baeh is the eaaa now with au the act i. i- ?
havtag real power to freute such ii cimilifiuii uf luislne??.
eperattag atraagry in the eeatrarp direction, tin ethti t?.
repradaee that eendtttaa hy an aaanay aavaraapaMaal
linii'h I ffei t wiiiild lu pi (fi elly futile. If Hu lna-'ir*,
should pay out a miali r?t<- it<lillt|.,ii-il .|iiantlty of legal
tenders they would nut K-o luto nu -illation or Bit on
prices Tiny would BBMOlf aeeiiniulate In the BBBB! v
tauter? nml reilme lue rate of rall lean? of hansels'
balam ?u
It weald he aaly hy a largi i?su?-. or the aaeaaeeeafe
targa or ladeftalto leaae, thal a decided etnat aa pi tata
eeaUl ix- predaeed. i hal BeaM mi ele Biara rd n* I aa
hapnarttac dnpratiaflan ea It ihraatea aradltera artth a
limn?!attea al ita ir ?it ii?, ami boldit? el earraaey with
its les?, um! tint vTiuilil hakten ti cn hanga It UM prup
iii.v. Anv lasae, which obot?d eel ea the tataglaattaa,
laeittag wild eeghnaBN nr wini fi sr? of Hie future. Might
indine a BBoealattva depteciattoa el the pun? ti the
tuireiiiy and lalitmn of tin- pint? of propi-rl.v. Hie
I vii, it i It of ?t mu? li i,i ti Ik? I le. vv lu ii Ila t ill ii I, ) ?ilre.iiv
i li 11 ii? Hu wants uf luisa.t IB, ami the im re,uti- iftinu'f
ia pretended to be for bb] legitimate purpose, especially
if iii? object of ii mut mt; individual distress in creating
th tillulla jtrli sa I'" B1 BWod, l? (hat H ??rik? s at the m ,| uf
allcoaBdcaeeaad all credit, if the principle be oaoi
adopted, everybody will Iminlre hew/ often saeh ???? n
pi dil nt may i" n i" a!. .1 linn fur it inav be carried \n
au? u,ptiii eipaaeloaol Um patt) rotanm ol the ? ,r
ri in v. in.d. r i it.'iim?!,.m . - v\ n?? !. eaaaeareal eoatra?
Una of the ?hale raatei v.. ibu b1 ercdll Bt-aebtacr*
vriu -n ni all leaden with dismay, and which de-atroj
pablic. "Mi.lint ". hope, and faith, that are the be
credit aystsaas aad credit operation?, i- iclf-desti
Itcai ? ; oilge of nothing bat general dlsasb
i., temper which new prado?dantes i a the]
'? V" ti Bl tin Hu lal ','i.*l' .'ii III? no
te Batt! ? ' . ? i ii . ;? ??'!? i iiiiii tin
wrecks of iinliv ni i mi tartanes and prii ita prosperilj II
Is excessively lucredaloua, li demand? ?.mini mess
' ,,' I ,u !.. ?I
.'. ' ? !. .tint tin- best eiperiei ?
?ii II Pal vti-si? VV | I II I | , t,S V I I ?|..-..
?ft? ? ' it a realm itlon
? ? ? i i re?te .-lull nt ?in , le
It boat a ronvulslon. Iii" pro-lem doe? not
I. ' , liOVei mm ni Will Si
,?'.?!. The
i pun?, tit Bteasurea, t"
i '?'??-, ??
Dgtn ?' ?v -hin.- lo r?tala foi
ratura apea H f? redemption Th-eeumri
? if Hu |-1. |- i
*
to replace tract ?uch In
divldu-ds a? prefi r coln I ' el
innm v . .ni it'-.i w bal li ronitllnle a ci
tra 'tv "ii of re.? uti :
mdfor 1 mae. To amasa a i
?
? -inn
? '.inn .' >i. iii,,,!,, i.i abroad, with
i fin. u-n moni i ,????? ?
!?? be vvork<<i nut by al ill Um I
. !
in? adopted, willi ,
i. '? Is : ? a ol
he ? if- :? a t* "' 'm t bualaeea p i
?athod ?? i?i
Inna! lato Inrratmibis aptm Intrnit
accept?ami I ich i
f the currency irin?;
* - pt. without ' . ?? .
i without rtelflna Ita i?? iiagtna
with ataraM which Impair cooBd? ? tthi
? : v of cn dil tad di es1 irai "i" 11
' rhe heal :
that fu; Blshed bj l".'' ? ' ? ? Ile? im
nee ? inn, ? '. ilrongerpublic rred
In lo r> ?.iii frmu -..ii!ii"i Baal
mat cost uf : in nail a ti di *
rbese o j as, ?led
I i . lil lu i I.I
... I
a the i ...
?i,000,000,000 la ir?
i ? . era carried
I s
? Bl at I!? ' vin lu. point, a
: ' I- I '
w bat i ? ??.n?- Deeded noa
ed hy a wise, Bsfe, and bei
ribed to ? i ? - ? ed lo Is
? ?
than lb( ' Ui
moved, i, , i* ?? ? a and n
ratal ' ? ? a.?
Ni pi l-e? that cullin,"ml i li
of ta vast or a will be undi Iskra and capital, which
.y toa rate ..i . nonah
bul i? Wiiiiii'-ii from '.|ii rai ? of average c1
lltM bi "nilli.iii-.
ran xr.Mrnn
Rnl '?? ram?'in far)
in tin li lui-,In ?? nui intlm-l. Iiiii-I t ii. ml ? -v i.-il .'..
measures tot rely relating to the emrencj i hey mast i?
broader ami deeper, rhej mu i hegta nth ? prompt i
and larg? reduction In governmental expenditure? and |
taxation, which ?hall leave ta the banda that cara It a
i'.? '-lian-"f tin-ti-u'i uf i-iiiiii iii?', mii-t pre.I
by withdrawing, aa much bi possible, aoveratacats IB
t"i fi leiii-i t that ertppta Un- Indaatries of the people
i hey mus? be < onsnmsBat! <t with si.reased cfltatcacj
and economy in Ita conduct ??( huainosa and in the p ?
? i ?-? . i if production, ami hy a mun 11 ?orons frngsltty m
pi iv ate eoaeumpUoa a parted el ?.-if dealal all? repta! ?
? hal baa h* a wash d.
We li.UM build up a ne v prospei it] BpOB IhB "l'l toBBda
nous mt Arno'."..m Mtf-goveranieat ; carry back em po
in:.-..i ?i -ti mi tow,mi tin- igaeli el Iheh aathotra . make
t-u.fi Ulm lit si lastltUtiOm simple, fin ?-ni-u.eililllui* lit I li '
a lill th" pllvat. rum im? uf iiidiviiilul? alinlimiit fialei
ally aasaag oareelvea ead peaee ahread and trnattag te i
the people to werk oat thenrewa preoperii vi mi happlaaaa
Ah Um ektin ni? of tiatiuiiiil _ i u? I ii and pr?vale '? In II.?
runt In nui country lu an alniiidaiico Which Providence
bee vouchsafed to bo ethel people What Beaeedtode
Is te n* in- then from governmental felly aad rapacltj
?un n J lui-?? ,
? -??
APPENDIX.
win?! I Avint'M m IBBOBB gXIBTI a Al 1'" PaTBS
.M'?'< lilli?.
is** I. is?/. Ptl-t.
Iiet it Oct. li .Inn?! li
Nwioiwil Hank S ..(.-? 1?! I ??.*'. a, i'7 ?a I I ?0.\?* ? W '?" ?_*V "<
MUte Hunk Vol?-? !'.?'. 1.1','.'! I Mi,ill l..*?l.47n
lys?nf/ii!i<r?H?nll>e Dei 1 in i 1 'S*! u
iintud Kotem >.! ,l,.n'i.',.ll*.i, * i.Ml.l?-?',. !*.' ? ! Ml 'f ".?i'-'V
nartl-msl 1-nmanr .??.r.n.i.a 40.Seo.431 l?.?Te,ii4a
Totsl +71-.MCM?.'!??* S7'?l ?-..???.Tftl? ?7*1. -*7V,V.v-t
Dad?. 1 amniiuts lu Id ,..,,.,
i,v tssaeral Hn.niT.t^'t iiiii.'.?I ia?.iet,ef1
Aiu'iuil-lii Hie hi?,ad?
of tu-piiUi. ... I71.7S3.5M IB7,4aa,4l8 .to7,B11
1**-?:i. I***?*!. 1^7*1.
s. pt. l8 i?. I I I "vin I
\jli-in?' Itiink \'iit?i ?a.i'.in?-1.7.1*1 *k.i| I,',?'./Ol ?.('.??',.ai i.i '
HMMBS-hBelSS I.Ik?,?..? i.'.io.is-d i tjoissj
i^(.-?ii.iai"C??u.i i"> '"-i i wornt, a? <?<! ti
lit_!i.1 Nnl"? ?..'a,.o?|..7?? a ?; n','.? 71'.' .?.ISi.'.taV ?.?!?.. ?
i i*li.'iii?i? liri"..? ' sevr?e,ass 4e.2aB.8i11 ?..?.i-.ir.
Tolsl .?7?^...'IJ,7rf. ?;4...041.7S4?7..1.:c."i IM
Iied-itl uni? nils held.
By Mm??-! i:uV.".?.t.:)i.' 1 i6.4..?;.:.'a lM,t4*,.1M
Amounts bi t'.u iiti'1.1?
BfthspahUe. 1)17.:h?.471 tlKhWh.WWt ?. 1 ??-" ?? ii
IH7.-1. IS7I. 1^7.1.
tip, ja (in .' 1 '< U I
Kaa-aal Hank Nnle??..li.r.l,.;-:i ?.1 ...,.'.' ..-.Ti? ? ?IB ' II .1
HUV Baa? B?Wa 1.1.(".'??.'. ??".? "?? ?? 1 -
1 ? ?a! li-mlt-i??)*! I'e tur ?ti ?ni I
Mu4 RMN |.t7el?l..iei*|a-.."7*,4"7 :.; t oin ii,',?. |
I mrliiiiisl 1 i.li.-iii.t 4fi..',14.7'.'i l'.,7"l CIS ?o.7Ki .'.7.*. ,
TnUI 171.1?. 146,!',.' ?71 ?'?!"? 7701 n "'" . I
I a.lu. t ?nu.lint- li? 1.1
Byiaaoeral )7:i.4C7,'.'!?!' iaa,MI7,eM :'".?(? ?'t
An....mi? in the i .-i..!
?I U>?r 1 u t ." ,'!'l li'M*'. ."I! ?CM. ?? .'.*?' ? ?'.
??..mai.? lae? leMewB ? ??? ? I
AttOUSn iiFi.li hy mr. ltsni'iH*',
i hy i. tM-i. n?7*t.
Naden?! hank noira Oct. V. (-it 9. Jena l-l
m iiai.ka. |14,S7O,061 Bl&,*JB7,?t94 tVO.lllM.TT'.'
I.?ral Teiiilrr net?? lu
?.??ni? loe,t*S7,SSS ?d'.'.uti,lui lou :p.i,4i)i
? '.nliieale? In t ai .
fur I. ?al IriidiM? ?n
?peela] rtepaalt m net. 1 m?t-ii.
ir.'.^nri ... f',r,,6.iu,i)(*o tut i?J.(aa)
BTartfcmal terrene? Oet.J Oci I June Iii.
"i b-iil?. . f-'."'''-.l>?6 ??.1..I718 ?>'.'..lu .'??.li
Uri. I. u, t I Mi, I!.
i urn ii,jip rna>nrv. t ?. l..'i*i.:. 7 >-?_ -ff H.f.i*.). 1 HU ?n.(a,f,.7ie.i
Tetal
? nu .1(7,aw *ri44.ir.,:iii ?hi;i.hh.i;-.-i
is?'?. It-rts.
I fay a.
.Vatl.inl li.ink m.lea s. pi li
m Lanka VI?!. I OK. ?4V ?IK.dill.IN.I aiB,77?,V*>.
I ?gai 11 I'd. I lint?? lu
?'??a ka B2,M?,0tJ H ,M?',-'irj M.047,?t?l
l titifliate? in lunka
for lena] leaden aa
?p.?u,i ii.-p.-u m Oct. I. Beat, M ?ni. ni.
'"a*."') .tii.'.'.iu.iiuo ti l.-'oo ""(i ?H-.*-::, .??i
l io t..mal nu i ru? j- *-*ejrV. 1-.*. int. pi Nov |
in bank? . t2,:uri',7T.'( f.-.m.'.,.',.o f.'.'-'ia.irj;
Oct. l. tsept. JO. (let. 31.
Carrency laTreaanry. t:i.'?u*'i, n.r- *i.???!'.(';,'? 8-*,31?*,155
I ulai. USA ?."ii,.ii'jflli;,iie,.7.'.'. *ti'->.'J4H.:!6.,
IS7.I. |S7I. 1*7*1.
Nailon?! Hank iel?? In-, .?(', (ni.'.'. Ort 1.
'" bank? tVI.HM.17? $ If?,41,(1,1,1.1 ?Hs,f>-'.l.ts.'.7
l.aeal iaadct nun? ra
bank? iOf-.T 1 '.".'.?m M,O1S,046 7H 4.",? 7S4
ceiiim-aiea 'n banka
farr laaal Maaan n
?j.? t lal aVprarit la Be? SI. Ort !
Trcaaurv
laairal |.ii'.i,
eiKciii aeyeall in
Tn-aeurr tai u-ln-m
bank indi? '.'ll.Ht't.fi'-i? IS.333 toil
Flarlu,mil . un. m r la-, ?_'?;. in I J
? lanka..... ,. Ba,v?7,4M iv.wt.sta 2,690,131
n>? II. net. 1.
Carrean m Treann ?i..'7..?..i |i6.llfi,S40 4,790169
?in ,7Ju,o,.(i ?*.-? .1*^41.1*4*0 ?lu.?,r,<, oho
Die IB.
'r.'i?i .. |l**a,?o7,9so ti',.i.",(i7.n!c.' ti7ii.'-',.(,,L.",ii
C1 t-'AltlM,-III?! -I. I HAS I Ililli ll'All B, irsTK.
Olearla*-, mpi 'i 1. im. i-. No. "
lion?! Inm
1 rlllual ?.
N V -Hi, 1 :.-o,i??i I'.n.'.r, -1??) B20.316.000 12,39.o
I,el. 1 1.
HtheriHli?. ti*..?'.',liHj 110,363,776 - >..,
M)T!'..
1. la September, 11*7:1. ahn the ti na m mi atara broke
Hie iaauea vu re. al the lar? ?t amount tin i ruad n ... hi d,
liii.iMMi.iMMi muK- than In Oetober, I?.?'' ami |O(l,0O0,
ia?i inoio ihiin in . n tolM-r. I*?71 ; .uni the public held
a?.?n,iHMi.(?in mon. tI11r.11 in lt-7'J, ami B-ll!,000,(SK) more
than lu 1-71
3 Prom Hi pi 1.'lo (id lil Hie i*auc? iii. lena? <| g2,.
?'..iHHi?,r i.itrik note?, the banka loaf *.- 750,000; tin
public ah-,,,Led ?! l.'."i(i,iNH) ,if , um 11, y.
3 li.nu. I ? 1.. Noi I the 1^? 1. ? tieri-Inc-i.tM-il liv
-? , ni Hi.?.??? 1 of it-cii tendera from Hu? treaaury, *?l.'uu.
'??) In fr.i, linn.ii ? urielu t . .uni lu I Iihi.uu.I.immi u( haul
imt'-. 11.?kiln; 1*7.",uu.i?.u the pilbil, baal ?' I.'.ihi.imiu :
Hi?- ii.-iiik? kH|?, ,1 ?i-j.,ki...i?i(i. rile tide h.ut turnad : lb.
outflow from Um banka bad continued tome lune aftei
Ike pan 1 . the Influa bad no? lientu
4 tr*i-iiin Not. 1 lo Dee. Mthe i??uca wen Inereued bj
*?l?.i??i..??u.if legal I? iel' r- ami fut-linn ii- flinn lb?
Tie.i?ui-i The banka tallied -Mi.!???,nun ,,f teni len
der? ami ?-.I ll(H?.?MHI Ol te, 1? tin!. ?; tl,i pilbil? |,,-t?'
(HMI.UOU
'? In the lu ti nui, molit I ? !..()?? t I. 1 ?71. the TrrMBIll I
i-Micii-i .i?,.i??,,.f |. .-,, u>niler?and look m-i..
"??' ..f ti ,. 1 una! ? .uni" i ne liant? . an. ? '? u ??.,h?i
'??n of theil note . .ml to nan, - 1.re di ??-n, d i_o, Oatt
INN! of le.-ii 1. 11.Iel?. 'I lu , m |. 1,1 1 , ti ?titra-, f. :. pi].'?
"".ii i? . mi, m 1 held bj Hie pilbil?' fell ?????..'.nu 1 inn
1 KromtXl l.i-vi. ?oii.i 1. I-7".. h. ? ii-,i-u t 1, id
to..!. Do 1, du. >...,. of iii. e. ?,' t. ,1.1.1? except lo a ti
?It i- ?-.u.am ?m iaaiiln? ? ?...n.iu.iMiui.f bank mu -
I'.u ???...lou ?.' balik nun - ','? -J '.,, h ? i.i u NI, 1
' UI. t In Iki li.uni of Ike pul.'..- WB> .?'inn,:?.o ?:
IHNI..MHI.
? Ihr ' -l'un - bai 1
1.n 'I' I lu- ? -un |.ul?.. 1 euri 1 ? of the 1,,,-. ci
baa 1. f.oin Hum lu tim m ,
eti epi u. (us,1 ton
;., ti. ,, (.| ,, , ,1 i,i mu.>>?..,.m- 1 ..r hunk not? ? 1 !
tul mi irj cum n. 1 of imuk luden 1... -1? cn din
voluntar' ? m rllatloi 1.1 [lui ti? prim Ipal red
baa !.. >n bj the 1., in rein tins Ui lia the rill
? 'file,1, '. ,1 'I I. n-, ..'',...-. ulati
1 i- - .1? - . 1 imbi ii I by the p ibl . n.-t 1, '
1 -7.'.. : -. . lhere wa? 1 ..,.?, .Min mm,
In Hu- banka ?m the lal of '>- tola 1 1 ?. i I
?mi no1 ni lend -...11.1..1.1 mon*, if || won
? 1 hj tu- pu , |,
loan? Of I..UI...-I- t.-ili,,,.-, a 11.1 -..- li ? :i .?! k.lk lokk
even al the ?t-arain id ?n veal ?ken the*" are at-iiera
d- m uni -t I. h rat?-? I :?? -.- 1.1? l? . n .1 p ? >i .,,.. ,,r I m
:-i.ml 1 uuliiii noa r ,:, uf pi |, .
I LI 11 RS 11 mi nu VEo PI /-..
- -?> ?
l vi 1 1 ?1 MODI - "I 1 l-t , vi ..n
To ti.t Edi tor of The Tri!
SIB : li 1- |,..?-il,l( that Bonn ,.I Bia) rome
f 1 "in n ' In li
pbyali .? >- ' ? -.:.-... -t : '-. the aupei 01 ,.f a
-, -. ??, pri -, I II? fnI the pnpi ?. '?? I.
Aft? 1 h.? 1 v.itiim itiuii lu Infoi pi, ,|
... I??I ?.??? 'le . vuna mi u. in nil n ?
? - Bl -? . ,t
tkat UMire than half of them wen mffertna f
? ????" ?-i 1,.
Ikelr ?yak I life, and be li
te deta Ile f?n
te al I a '
? '
-1 m, ?. ??... . .... . . d
1.' in
,. i . i-i . -
1 , t
...
boura
? ? -r nu
'
len lae and au ? - II
?a- red ihat if a I
I ? - ,r ?
??? '.. . 1 . nor'? 1
;
. ??7\ ' ,' .
t obi 1, s bar m h,m i i'
re 1/ ? f The Tr ii.t
-,i: The artille in yonr pn per ol w ? ??r-? -.1.. -.
i . ipi. .. ewa
. . ?
I vote the
lie alii , ?ni I be full
?...
.- -, I inda if ii
?
rot view uf war. \ ? i|
mullum . mini
.
i , ? . - -, ? 'di b.k ?III li :l
?. ,e uf It. Ile a
?
. ni Influ? 'i ? ?-i i? ii . I bo|m tu'.
revel . - '
I , nu i ni? fur Frei
m l?7J. but. Ilk. I n-da ? ?f m? net ???
!. p Ki pin r 4M
: i., IH7--I
li til li-, VI' l vi.I.- I" i iii r\ nu i I ."??
To ,\, Kdttor if t >?' /..'-.. '. ??
mi: . I il.'?ii.' to i .ill your atti ntiuti lo Ilia?
?ol.jei I of l k,',.,..d f.u. ' ' - I" ind
-,,,iu the I i ? ? - ?wbji rl thal
, ... peopla h? mt m Hu? tv ? -ni ti - . -
li ,,..?, i :? i ? ,- ? ii n?lui inui? ?ii1 !?? m.ule If
? red i- ''..us are ant ? i ?? proportl.f the
..i |.,, ?Vi.'? ? ? no1 on i ? ' ???'> i.? Hu? i
,l, ,,i, , i,. , , . , t., || . rent a ?'? ml rlllei Bill not ita
ni,,.- n. ii.urnej iki n , rhe ;.pie of . veri S -
-i-,., , .-, bave friend? - " ? ' "" !
S!,n? and many will wl?k to ?top in tbeae Stalea
m Su nt ni n lumias s'"?. If oui*, ? ii in ii m In ki
. | ?n.t ? -i'..n i. ?t ri. tinos on . vi nraiun
Ilrkela, no "liiylnrt over" will !"' permitted Hu? will
,),!, | -,,,,-, ( , n .,. '., tu Hie Cid 'un m i? hi otherwlae
armit,) -, ii |? lo ihr lui -naal b1 the i dlrend?, uf Ike
i tati d -i.it?-?. of the I vhi'.it.ui'. and ufthi whole conn
I? tbalaa man? p.t-,.ii? i? poaalhlr fruin the n. ii
Beat aud South ?le .?l.oin lo meet tkelr Entern colin
n.-,, al Hui ?delphi? ,i ?ring the. eniennl ii ft
.l,??, i If., . I". . .? IS7.1 M II 4tiiiit...|
I lil' ?ill.I I (Mi (H VK VCI I II
lo ? I, r I. ,1 i lo I ni the 1 , i h ii ? r
Mini I liuvc i..i.i ?ui. luiiv the liti.i? m I'm
I nun m mi Hi?-!-. hool .pi. ?tn.n. and kk..,i|,| like to Bah
tbroiitrli mur pal?, i if ? a rnu.t undi i al.uni that It la the
?ii?h uf tiiosr eppeaed m IheOtbte.that IkMeaildreB
Bkonld be ?' di.-'I luicthei ,* lio- filmer would ntl Ili?
lli?;?. BO pun?'-, li" nv.-ieini- lo lln-Otie tain, penult?
Ihein to lue, I ! I mi Uni Ind ?pen.I Bl leBBt live miliuna
for -a-riptural Inatnictioo beforo liewimilac tbetr other
?tu.li? ?t Ire not tu, Holden Kui.' and ?evi ral uthera i lill
dunn in Hu? knob "t b....k? neaaentlnl te Hu.upb Mon |
of a nue m.m', eharaefiern any rah ?f rrramani ot j
lii.ilhein .n. ? i ? " "
\,? i.i?? ,,. v ! I n i* 30,1073
Ulli HI I I ' I IDS "I VV V-lll I? *l I'dl'-.
r a iht ? n- it"i of ?><r Tribune.
Sn:: l'i?li<>in'Ht i-cnple w.i-h ?l.iinji?. na?
them at-.11', ?lid tim? deft .uni the I Ntl '', n tuent W'bci IB '
nut UM st.-uiip tain, li BruWha th. |>.?|?-r blncl, inflict a little
a nunn- ? ut "i prtc? it In M 1) ? ?var lli.il It will be de
laeteiiaa mnsealU u*?-.i aaada I I iHtlerooadai tri
ant,dal punch uiiirhl eui Hie ?lump ?iMlmut toinirdeap
enniii-h lu huH antlhuiL' ia?ble ibc envelope (if . ouree
th. Inkuaed m anfnciai ?"?"' -'?"" "? ?""' naaklan ,
t.oilliln'1 ?ave li ?HI.
\ru Tort, lan I. IS7?
i m boor oi ? i" row vi S,
fe Ihr I il i to i of TI.* I i iliu ?r
Silt: Pot Mveiul vim? I bar? Ionian's'
u 1.a i cadd ?if yeal pal?*, and. like M-tcialuf yniir re
leur torr, ?pond? n'4, ?uiild he glad lo hat e u ?eli ellon
fioiu v lair editorial? of lit. yaala in r.oolt foi ni li um
??nilli.I lu- piet,tiled upon lo it-?|H.nd fat alilt lu lill?
inHei ?di .ni (bui'l emu "Ihe I i rea I An,, i ? in Turki >
(..ililli, i." ? *? ??
,\,Hh,tUi. in..., Dee M. l-7'e
? ?
riMF iiMi.vv v\ BOOKKRII in?..
T ? Ihr hil \ I or nt Iht I r i I u <? r
Mi: : Will von nllu.v nu- BD BBS, Ml. II J.
Jikiell.ll.ghTai I'MIHI VU. how he cUilin? to have a
I.alan, e nu I H ? I of t :. I-, I 7 I (.J. w bell lu lill) ?.line
l-'iii- ii ui I | rompiaiiit I? made f|. Ui .le'^l lilt thal
Hu t-'i, . uiplci.? binr not 11-D lund for tit ? luonlll? I
ii.. 1.1? inn ft i Not i nil*! i a? Bena ?wilted, wkat it Ike
? l?n o,i ni ?nulli I.tuunnil
A.? It t. lan ?' It-70.
PENNSYLVANIA.
MEssAi.i; Off (;ov. iiartkanft.
?Ill: HNAM KS lil IHK KrAIIC?KXTKAVAIiANCK IN
rag 8o*_Bim_OT o?-* i maa m pbbtbbtiob
?>i i.awi aantias ib nu minis?, hbibwmi
rTlBBMBUBe, lVim., Jan. 4.?Oov. Haitrauft'? ga*
Baal-Meeagje waaanbntltted to tim Legielatureto?
day, lim tillamos of the State, tile (lctHs of Cltiei
niui tin- banleas nf Blank ?pat gweraasent, .and the
riote daring the Rprlug ia tl?e mining diatrleta an
inn?! inti ii'stiiiK topii s vt hit ti lie dieeBBBSa l.-tr.t? t.?
?ne gnrea belan :
IHK M AIP PINA.M-KS.
lin- ,-ippiiipii.itioii? minie for tin- Boaal year eadtag
\ov. BO, 1878? easeedsd thaiaaalBtsa| the gi-nerai nt*
i inn fund 1818,831 '?'i, uni with like npproprlatiBBS ant
ni elpt? tlie deficit for Hits year would he douhU d. It ti
i siiiuitt? d, however, tlint the revenae "f this pi ?ir win ne
??v.!)(?,(>(*) les? than that of last year, v. [itch Would UiHkc
Hu ihili n in y at the end of the curri nt fiscal yi ar anoiit
11 .".(Ki. ODO, iinli "?B the appropri.itioti? can he red need
i ha apfvaanattoaa ara already mude for thal pan al the
Bacal year embraced betwoea Des.li 1878? andJuuei,
liTd. Moreover, the pilmipal appmprl.ttinn?, suchas
fur ?chun!? siut 'he m ?Unary i-*tpcn?enof tlie do vi rnment.
an Bead bj BMOSaBtttatteaar hy law. except thosi fur
pul.in ehsrltles. and the?c will demsui unusually lutri/e
iiini'iiiil? it f Iii? ?i -??nu hy reason of theil failure to re
? ?ive an) til?n? at the last. It Is man if? ?t. then-fore, that
the .?|i|iruiiri!?tiuii? cannot is- material!) ri dueed, and the
?t"iiiiiiit> must ?provided for either by th? lmyesltMn
of bow taxe? or the di iel elua tato tim general fund ol
?onie of tin- ravsaiass now Bawlag tato the ?inking fund.
To lev) mw taxes .it ?t ttm?- ulun tin huslui-t.? uiul in
dustrial Interests are pm? rated would be unw?? ?md a
?rent hardship, ?md would justly un et with public con
damnation, i le necessity, therefore, of the redletrita*
Hnii na* lae revenues t? obvMuery a duty that I? argent,
aad demands your Immediate ?tleattan. it v virtue of ?
| constitutional amendment, the Sinking Fund was created
tor the purpose of gradually reducing the public debt at
i .?tune winn it exceeded $40,wiO,000. Au annual red oe
| non uf ?. ai.i.i? . ,i,.i tin- payment of Interest of the en
Ure debt were Itsonlj requirements, and Ihey have beca
faithfully fuitiii.il by the Utahlng fund Commlssl.is
i ?im e Hu- creation ol the fund In i ? 7
Willi the pi. ?.ni distribution of tim revenues there
vt m remain ? m h veai in the Blnking Fund aft! i the pay
im m? which the < mi-t n m mu requin ? over ii ,88n,u00,
1 ami ?ii i u M remembered that th" amount of Interest
: lull" uuii will ?tniii. iii v decrease ami thi receipts be
? greater, owing to Ita? natural secretion of the taxes, the
| amount of this balance win n. augm Bled from year lo
reai iftin? ?iii-nii-? I? aoanall] sopited to the exttn
gulshment of ths dent, ,-t csreful .al uiutcm willstiow
; that In ten years tin entire in.i.-'.i. dm -? of thi - ate will
in- n.li.m. .1 However i. -n ihre this red tetina ma) he
{ end gratifying is it certainly would la lo the Executive.
undi vviu.?i a 11111 ? 11 ? : i ?t 11. ? 11 a large portion of It would
he made, yet the diminution of the taxes of 1K73 to the
?tmiiiint ol *i|.(Ki(i.uni), alni the | ain.ism additional
?v ..i-e? niiiie Beeeesar] bj ti," bcw l'onstitu
i", i m behalf "f c.mu? schools, the Judiciary and
( I. -l-l t! .n-, .mi ti.in? of lescivlugpuhli i-huritiea
I tbli . .-? i du lion i- in rev? nu?*s ai no i i
i tribute?! Hy another calculation It appears that by tah'
.ii. . till"! ul the i ??!' m iii ?' tai * 1,1' h th' l ? i
inic ?i?-iv'iu.| tu im- blnkiog l uiul and dedicating this
loin i hird In thi uses ul i ?? general fund, thi aboli'ln
In? -?. in -til Is llc-nl i.i'.i m I . years, vtithmit
additional taxation a fund mi) thus bei rt-at'-i that,a lib
Ih ' ? a ? :? ? u ii i of the geu rul fund, will, with prudeul
m m. .:.'m nt, p.. dbly be. -nan lent to meeta! the nee?
mi i'i" .. expenses of the liuverament,and I
?
Al th" - mi ni m- ?a- . - i ??ii Un re n malt i ?! tn ti >?
-iiii.iiK I md Ih um ? - i.?i.??- - 'a i.;. Im nu
? -..i.'?..n . ; p.iiiin iii i.t .inti. Mi.-u??. ia77, ai
all Hut? loans retmbui title prior to thal Ulm bai.in
paid . and In ih< nu in tita - . i unit, In ul
to the above amount wl continu M teen mu late a largi
?. '.'.hi. h tuen .i no autbot It) l?i Invi it. I then
.um ml the i 11 tnu nt nf a
, I md! "in i i??."ii"i ? to lu' ?I Ibi sui plus
Killi!? ..1 toe Bl 'li Ol Iii" i ulta i -? iti ?. is thi | i
deelll I.' i li .:,! I." .HIS, '.V lu a. ||| i' 'liait, " v. ?
I l" -,mi. ui ih" li. .i ' ?.-tit itii.li, ate the nilly;
ins I* that can he untile, s I that tile st Investments be
.I.!. '? i !.. Il lu.ol' i.i ?Bl ni.?
Mi ??< leu ti tv ri: wir s i.
? i? i," p..1.1.. ,,i psvb "m iii.it. .it the prt ?? nt tim..
... .- ..u? mi .. t .. ami i- i lataii ; mon rail
OBS and IBXl lUS thought, IhSB !h' s"V' . ii Hu Bl Of I llice,
win.-" ?.im i.i -t it ?..a in man) sections ot thi
fraagbt . nu' i'tiiv to th. material pros] ?
of oar pet-pie bul to the welfare and peraaaaaaeeol tin
Kcpniiii' i? n not, tin ii fort. u '?i'iii-1 at apea thoa
sre charged with the conduct ol pubtli aa_ira, aa weU aa
tbo? ah? an concerned foi ibi good and honor of the
:. inte ihs
? : ,? -? m'?. Mi .tit- u ?? i ii|".ii the i nil ?
and se? f the) iprtng from oi sr.- Ita actttdde- ;
velopmi ni ui .lav ?? . ? uti ittag 1} ?ti i'.
ii' lbs '"it..- . r.,..i ut
!? ai. i te will norh li - '
owa ? ii- ? ia..i mm v ? ,-,,. ,i 11.. . i...ru..m- tit ???? itivi
- fur publie Improi ? un -ii? undi ?
...i'i - u lulim rou?
' * !" III.? li,
? -t -l-i-pin al thiii ..
. ?:. i.iii-i :.. found to
? i ? lu of out ' if'? w ii
!. in ? . ?ii Hatton, (? resort some have
II I III!,.
It ? . -i.. '..n ?at of wai nlng end en
. ? . till of I
I our iii'- - an i the i ?.:.-? .pu ut
i pi, pt i : v Hu ii ni. win I lUldsM ? '
? tt. foi
? -i t e x11 avagante I
, !
- tai . ominunii i -
??ii " i. n ? iii ? u et p i-, as (h"t ?.... ? ? ?
..-.I in-iiiniii. :?i ti ' ??? ut the country
,1 -. ,ii.i ? a. . ?i .nu ? .- aud favor of our
I !i. v -i i. -.nu, ItttUtli li-. ' umau
?i ? n the malu ?uim.r ibi) gov?
erned, ? ? ? i. ? ? . ' b .ia. ter
,,n i pi ' mi honor,
without! ?!,,:,. usai 'n Ui..?--' In Un i
, ? i aud "iii.v
w ?i .i j. i. , ? ' --1 tallon? 'u ivsrii e so !. ".
, :? w. 'mi m, i t- ou . ?? f um , i.
[oi ??.. i ia i;,, (li ? of the 1 n.ii'l
... -i -u repina? b.
-???vt : i,;ii.;.t
m- of il., m, ila ... t .ia Inlst ration ? f ?!.?
>h eil les lu Is - ? ? . . la the ma
a. ? i sim) in? u
tai -, -a nu ' ii ' "??''?? al on u d debt? w. te
u t ni,ia'.;, d -v lib ?in It i ipldil i ' I ths .i',, ?.it it t
. . , .. i... . it\ . -, v fur
15 years i i
? -
. . . . . . i
h ht? .im -- I? it
iii.,? i i levy, end ol igafea Bill -.
II,.i? aV.-ta.."- Ill uni Inn-! llll;..>l I :IH c1 titi I vi , I , |
. ? - - . . I It
i? willi n i umi'iiu lippn III li-iuii. Ih' ii t"i.-. (I. li
..?i., i...-ii. ulii.-?n,- ti,, i,i-i..? lo the study
,,i ii,, , itim - ..i i li ?. ? n i i '.-. li lion - '?.
a" ii nu iv must ii" I'li'V lill ii th.it wnl
Ko io n iel ) . "?? 'ml vi,, k i i.ii rali
lency fu ettrav nun ,? ?.. Um If
."inv in I?".', and was ? xi,.nitii tnosl
? mini rahle p
proveiucnl "f el '?s ""i" "iv,'ii" Win.I. Ms-rutdi-eut
|. K- L-xtcnt.il ?'Blei works, splendid .if. huiluMng?,
? :,,v i i OS .. lu. Btl ill .
?nine ut the projects Upon vi.'u, li l,vi?u i I pt nilli ? -
wen uiatli lu ile- fn .a- .! and Immense outuira ol
m.. ,.-i ? mu- Ultimi'/..I. mim. hui? iivcnuei for fraud
,.,, ,. on wer? ? peni i. aud oltli ? ? ? unnc li i sith
i -lu. !-. gn v
noh. and having b) reason of theil control oi tin.?.
Iii ure?, scores ?>l adln n uta, the) .n luce ime ii"'
tax ilton "f ii'"?' .ii.- Im tponsibh
i ,, .|, a,v"-. ?luv iuni.I t.. ?ft i e the election of
.n. -pou? ii. imii t,. elly lunn,i-, thal tinir corrupt
re? uiiaht have the forma of law, and emboldened
in mipiinitv ami the ?uplneuess "f r. ?|?ectuble i Itlzens,
thev t mit iv'i-.i i t-. ? uii?ui. .nil ?t i- alleged In tome
i.iuiiii ?palitii ? did corrupt the channell uf Justice, and
?I, i [.ti its decrees to suit tbeli uefai uns ends.
i nu ? un-- iiuiiieriv luid bul few wants tbetrcba I n
Hin iimple m tiun provisions, easily uudcral.I.and
,,,.,', i re I .ni ; be powers necessary for local govi rnment.
Within tin- lt-t fea v, ir?, bow? vi. every i. partnieul of
i.., .,i um .-i u m. ut from the great city to the smal ichool
illi.irl.-t h '? i ?. u ? "'i-lu?!!) applying to the Bute Logia
latiire for extensions of sutboiitv. rho rights of taxa?
tion aUd al-|.n.|-.?- ?.ni v..le l-l. 'I" -III tm 1- ii.u- u-;
,,, ..-ctraortflnar.! pu-nr? th.it no l.'"v"inmunt ?huai
delegate e\..|tt In cassa ?1 ahaohtta pablle seed,
??a the n.t i i? power ?boufd be Uui
Imlti i in the necesaii) thal tavofeea IM exercise,
ami vii (he Legtstatures "f the various States, In
(In- las) few v.u?. Ii iv, -. it', i.i t!n ?' i xtliiuiun.it v
iiuvvi!? im. ui, :.?i over ihs toad, aad ia the bauds of in
iuii?iih Mt?- and im .?puii-ii'h m. n. tin v have bei d made,
iiiii. i I be ns-clous plea of public Improvements, thi ? n
Liiii -ur oppression mai robb r> xi ia) "t the burdens
our people have ti? beal have '. i reate ! b) the v i. lotus
habit ..i i??,uni* humI* at high rates of tatereetforeoB
li mi' ati-d uuprovi im nu- Viulcimliiiuil? nallnnal.Btatc,
eiti county, ward, md ?? hool bonds liav. been Issued,
ih" ?i.utlui Imitatlag n?<- buger local taten ali in making '
?in -'? tit.ift? on p..?ti nt? .?t i.in.?ni Interest raaglug
fi,,m four ?adahalf to ten per centum iwr annum,
?ud the pay m ui of the mi rest on theo? bonds, and of
n.?,..? i!u m?i ives, as the) iii.ttni., n?cessitai?? an
a n u na I taxation that Is oppressive, and i eoostaat drata
ni?.n m.imti i ami enterprise, the eontrasl aBordt-d
lu a .ini'ivm of Mu (uivcniint Jil of llie ('uiuiuuii
wealth of Pennsylvania with thi- (avenuneutof harclt
i. ? u i iiiini.s and Instructive Cwenti Uve reara agaa
Ilk" ?pilli nf t iii iv i. i Ure uiul tnniii? tut' ptthllf Improve
nielli-, prevuttad throoghoul the .vate, and her policy
w,i? in.iiseti bj tremen*tou? outlays m behalf of eaaau
indothet pubtu works, aad waa the parent of a daMef
-f iii.imjii.imsi. and ol nu- eorrupttoas ami evil practices
Uni aroused lue p-?i|iie io the? ilraordlnao etVirt which
11 -mi" i in the i oaaututtoaal amendment proUiiiitiu?.' ?u
im-reass of the public debt sml providing a smiting
fund fur the payment at the Interest, and an anamu
r.iiie'inii of im principal. H??w dlSereatandgratt
f>int: i? the ipectacle i..iii. Bitb a ycart) lueeuie
Btarcel) exceeding -???.(?siiss). and a Mule with
4 (UK?,oo<? labaiHiaulB. the taxes have raeeutl* Imh u
dicressod ami sunuall) a i-itk" Borttaa "f ti>; d"in
pata "? ?O that now tin-lutli'l.toilu"?? uuioiiuU tu hut
?vi.OOO.iKKi. in tie revanaaa tai ssaaa jc.?r? pust,
| tul i Hit i Inivc .t- a allotted l . Hie pH) ment of interest
sad Ki? n ilin (lou of ihe piii'lti debt, h avili,- Wh\ isi.imhi
lune devoted to the pui'meal ??I thu expenses ?I ih<
(inveriinniit. whnli ll.eiude prnv!?utii for our m.i-?liltl
rcnt system of thartttoiaBd whoota,bbobUm latter ut
tvineii itiou.. eomiaoa aud soldiers' orphan?. *i.'>i?:m)oo
mc expended eaeh vest. The dehaa of our maulcl
palluee, mi the oaauasT, have been lacreastag
? iiuiiuuii'i.v. nu.i ?psrt frnin UM public Improve
meats, f"! ? hi. li a 1.irte liiiinliil Indi'?!.tim ?? BBS ht i U '
sreated, the expensee al our eitles sad towna have heca
growing sauaaily with a pace that seem? out ot all pro
pm l'un w li li tlnn nett ?allic?, liim smiii e uf II na Mi j
litiii.il np? nte I? ihe niii i a-t-i nuiiii..r ti ofBctalS. I'll"
puwcis of fiiva imntlit ure tim diversified, and rcqUUB I
, too iiiin I, mai him ' t. I hut lui ehanlsiu i? (he lu st w Inch !
.,,ni.cn? the fin,?! p-irt?. anil rTpvcrrirn'nt? are not ex?
empt fruin H.I? I.hy The deplorable condition of ?onie
rim? that an? overbardeoad with debt aad with pubue
hap ot? merit? iintlnls icd. thal lutiat ii? completed, I? 1b?
rr-bitlt largely ot tin-uti Im and ? *r.iirt.-il u*i*e?tiinrc ac
enrded to thi ,?i mnnieii aiirii ? by Ure t-'ute h, veiium t.t?.
l?-.i"i?i nure? Mitel tania the Ian-eel p.??aiiib- -rnaM of
power, Executive! .ippiuvi.l Hu in, und the pidhdary m
*. un- of the Mate? hate ?H?tame?! ? -very ?riant Ot tomat
la tai, ?hen the aaaonal t?> ia? i.u-.d wa? t?, t? dcUua
ted to a public i m,.n-vi iiuiit, even ir nu? hcarfM wa? re?
mote ana contlnaent, bi ia tin otnatm Moa of railw.i>a.
at a .?.?t.un .- rrmii a city tu (?heit tiu.lt- to It? malta and
other like ttttt I t
I awi BMM1 ?>?.
It ?it un beeeaaeo my piiiiiful dury (u direct your alten
tun to the law b ?? iliapoa tlon that i xi?t? in portion? of
Hu Commonwealth, win-re tuuiult ?uni not at tiuica hate
I been *o fonnlilalilc that the I'xcrutlve |>ower of the
I Wafe lind to la- Invoked t<? quell Hu- iliaturbancee. Tki-ae
turbulent Manifeelatioua are becoming aUtrminfly fre
(?uent, and lo represa tkt-iu gome remedy mual be de
ki?dl. That the attitude of the txecutlve toward the
participants therein may not le mistaken, the following;
plan ?uni eaaily comprehended prlncipiea are gnaped
tofeehet to ?how what t. ill la- ihe rule of bia conduct on
tin occasion of every outbreak of a kindred nature. No
iliiuibedii'iieeOf raajBBBrty conetitut.d authority will be
l-ermtlteat, whether on the part of individual?, corpora
naaa or ssntBtBotfsM <f n..n. No ?m?.- ot
wron?:, however ?rr.evoua, will or iball Juatify
tioiiiice in Mearan indemnity therefur. The
right? of piamnty mint lu? naaeeledL and
Bo interference with \to 1. tritimat?? i,?e w ill la? tnl? rat?-l.
i.vi ry trian mii?t b. allowed tti ?c1! In own labor at bia
own price, and tua workiiu* iiuiit nor ??- ititi rrnpti I
< it lu r by force or intuutdiitioii. For uric va nee?, fan. led
n real, neran anal bo aoaght lu Um manner the law
l-mt ?de?, und no one mii?t attempt to override Ita pro?
co*?, if ciu/eua win neegalae three principle! aa BnaV
lill" upon their eon?. |. m.? ?ad at non?, there can oe no
!iece??lly for Kvecutlve Interf. n-iic- to preaerve Um
Peace, und It mual lu- uiid.-r?loi?l. once for all. that an?*
vlolailon of private rurhu or mMatnnn to purdie ott
cer? win,, ],, n?. rlMehargB ?f their duty, ?ill I?- ?iiii.
in.irll> dealt with, and if the ?ltd autluirill.? and tke
i power of the i.muiy , .timor maintain Hie ?tipremaey of
I the law, tin ii the win.le p.,wet of the Couiiiioiiweitlth
nail be employed, if neceaaary, to munni rinuea-t for
authority. ...
I-Blana!afaVon alinya their Inability torepreae tina
turbulent iplrtt, beeauae elfin na nu? a -,mun.unit refan
to aaaltt tin-ui. Cltlnn fear to Incur the entuity of the
rintel?, and anl. -? nie pennlUea tknl attack la riu-ir fail
nie tu a*l?t tin- ntti cr? .ire liililcteii.it i? idle toexia-tt
, thara tajpertucm Una anrrrncloui aad It may be partioui
duty i hi-w,. have lu tbeaa communltln when Hu?
I mob ruin iuimI pie- lila au unli.-a.iUi**? moral public m ntl
'. ment, that In the event of a diatui ?ance permita the oili
nr to tu-L-i.-i t bia duty, refuaea Ita f to uphold the law,
, and -ilicii mi oin i di : l? al u ?ted. i ?uuiiv.-? al the I ran,I
: iiiii packt ine Jarr-hoi with lu* rymaathli
.i? and friend?, niakfas a mocker} of fntlor.
and brinkin?: the State and Ita authority LatO
merited reproach. 1 hrouirli v. nat iij.-i-ti.-y ..,,,
j we prevent a retan of then rakenen make
the local ollie, r-. und , it.a, ii- more rtgiuut atul ailie,
? and dkstiiadi tbem from looklns and upplyiny to the _t
[ eeutive upon every oeeaaion of an ruana or tumult an
nneettona to wblcn I have atna patteal and aatlen
1 tiuu.-ht. and the following nina w iii. i bellen, aUernl .t
? pl.u ?li .ti te?! of lie .?i.?p.,-it|..ii and al'i.ily of ?, eOUBly
i ?<? en foil e tin ktw and maintaia order wiihin ita limit?.
I it-iotuiuii.il the i inn inn nt i-f a lae empowerlaa Um
iheriff, ?a in m v i .n t or dlaorder ii Imminent, to apply
t., iii,- eulin of kia county, and upon the twon certifl, ,i<?
..i mid Bberilf tn.i -.ni rtiit or niaorder i? threatrnlns
then the ?aid t mat to aut-orin tkeaberUTto a?r?r..ii ir. ?t
Louatabulary t.? tulUelent to qui i ru.- di-tur .mu ,
U . to 'nain:.tin Ih- m undi r lu? dtp . lion and conti.,, u
til there 'an,.; m ?>?;? need for their a. n i. ea I be tom *u
inn-', nd ?n.m,d be pn.,i and *i'.-i-tid by UM county,
?'. duly, .m.! aim, ,1 n, -, -? ,-, A fiiinuir ai ii
m., i1..? ?n nu would than have .ii nrined, paid, aad aub
fun ? u. .n i i n i m pn -i-it .i,. m ?, i un-1 ? i toreitut
tkl pine ?s of tile l. lill-. Without tilklll?' , Itl/l-ll? Mid
il.i.lv from theil dall j vocationi und pernapa lavo ? i *
'h. m m inj urj and Ina? 'i hit ii nu d '""it of mi n would
m i Diiclem around which thi iw-abldlnyeitifena
could rally when thi dlatnrbeae riarmmed more danger
.,,.- j roi 11 mi-. ?. ,i :'.? k would i aru t., lepend apea
lea and their ..tin , r? in evi > emeriii-nc) li ??
proper that the expcnai abnuldbi lunn by that purdon
III ' Ullin. I I" ? ? UI !!'? d, ?llid (bl ' elllif V
-.i.,-. ,i b, mad to hearth? - ind If their efSoera
. ? ? d io a -tui ". .o i muda mi., tut v.ni not he likely
lo Incur the art. ti r ij-onelbltlty of .??kitti* thi? at-?i*tauct?
fron, ile .-..ii t-.:. -.ii,, lii.ikii.i ,,r ii,.- -nuriiioii iraatl
ti-- ih de n nu!, ii. - -,!?.;.. home . o-.-t ibu! irj ?..nu
lnitht ?i?.11? applied tor and obtained from the narie
"I.-i..!,- Ik In -n ii, i ei Pul? I e tu I.- uf I I.i .-,,!, ii, 1.1,?ir
.m t h- - ?. btaui'M pn v?? a
ih ii d ?.-not t ik, ti.e ihape of oriraniied reeiafnaee to
lut ii,,- attorn, v ijenei ii ihould aln b. autherired,
111" di 'ii? o? n information, to Ind et anj rdhcei cr t i.
len who failed to ian form bU duty, oi parti nt pastan
'.kbo ?rere manned in not ..r turouleuee, and lo rbaaen
the veuui u I itimmon wltneaaea to an) other enanty
in thi ( m ..nuil? .iiiiik!,,:, a fair and impartial trial
? ?- '?? hml In ?nt? cx|.. iidititr. ? of pu bl k- n. f
,i ino-t ?tinuallj un uri -d m the auppre?alon of il ae
riot?, and tke pean and food mihi of thi Plate, alike
? I ,,f tin- I. ?.-,- ittire a thi reatht-tlon of
lin- eau-. ? of tin -' .?.?turban, ea, and Um Ir < un . if |?>e
?ii,:.-, n.. the h ?? - -, ?on of ?.?.,. rwrtala .t.. i, tf nana
?oven reined - * -
IJoei n let -,,.n practtcabk t? appoint aeonrtof
ariiiiiatiuii. couipoaed of tkraa arm?n ol Ibejud/noof
oin . '?,:,? aa many operator?, and a i.k. i miberoftbo
n pr.Ive? of the wm lsiiu.-iii.ii. to When tanti 00
? it!., .'.: -p ;?? - .n i-i'.t i., : ".,..,, ?iip.i >i ra .n, I am
|.?,,\.-.-.. t', ,i at l.-i-t a full, fair and Impartial dMtu
? ?lou eonld be had. and the publi tnliffhtened ni--n the
; m ii" of ti:*? i m.': ,,i. r-k . and if teeni an no legal
remedy, the force ol public opinion would conMraia the
partne Uhu??-. lai m are ai mt rated Io do Jiulice lo ti to
it tia '-? ? '-I i I ?i-?. ill t .i it of Um- li.
, thal i m a iii. onakk r tin i ru
pne t> ot .mi ?j. -niiii,. tbvapp Ininti til of tai ha nan
El OX OMI /:. lill. Ill di III DEPARTMENT.
I i l i u. is n. tir t I a Ii Id'( I I Al'i lu >l ulai!? >n
The Boord ??i II? nit h luid ?i long ptifota
Meal n ynterdnj afternoon, (len *'ll ami Stuith.ai
the IT. ??!.;,( Of thi I'".- ? Be rd. .tit t ledtlV li.(? lib).*
l'u ltd) ni i h unKer itatl \ that Hu prill, ipal lui? ?ie?s i f
ra ,,-.i '..i t been to amnan Ibeezpeaenef the ?t? ?
partaient n n to bring then wtthla Um redford tayeto?
pnafloa for lS7d II bn ben frnjnatty aeaerted ka
it the prneat i?ned al Health hud rsysa :? t
u. ra iinuiek thaa atna ernenn . ?? ??, iditarn
rrom April 11 to Dei B1.IS70 wen tlolfinn m7 tot
tin y ? st i?n. - i--.ru.? 'j i ; tor i?r.. -:?.-..-.-.,, ..
foi 1-:.. ?i i -...? , f. r 1874, II 11,200 10; f. r
i-r\ ri 10,000. i , had ben a gndual redact
fn m .ki.u to.?i ,. : m ri ;.' 000 ' ?- : ?" ? Is In I -,
m i !:? ? ?.. , : - ?
?j,11??, : i redil lion of ?npn priafli ntkl ?, ir
,,'. -.. - p.. t I . du ti. - i i ? i
h I- n - ? ? t . Hu .Id , ' A| ' - r
late the M au of Vital S Ulai ?
?alib the Sanitary llureaii 1'hia will nable it"
Bo ml to dl?p nae a ith the ?.it...? < f Dr.
i I lim?, whoae - dar) 'a *i MM ,-t >. u.
-.. -o be illaeharrred, und thi ti
,11 m. - ... ... m Hin.-.- of the l'u -d b1 ' r Um
I, ,,-,i ii n , ', m t It i. >. ,i . .? a .- "? llcnlUi
t'oniuiiaaiouer, which tri tit. 1 In tke i lutrU i. an-1?> be
.m n im '?" to 15 per ? I I lien m ? /, V
., . -thi! at. too ?mall to i- winced any mon, and
llmt .,:,- i ,; t.. I - lull 111 -I 1 li? 1' I lilli l-l -i .! '!. ..
v. ii mu? ii dun ?ti I whi :,.' i the n-dn the a| pro?
prlation would not la .. - lion d?triment to the nat tar
? f ii.- , lij.
?in i um "i \ i m u ii:
up?. |. : ii VSTBB'fl a. ?,.i sr ni KOO! ml iiiMniki
CAl ??,1 II . I
Tin annual inectins; of the Sew-York 11 ? ??- -
toriealStn 1.1> ?vi- kobi leal tveatacMfdM Lttsaff] at
Si, end -ive -m 11. ?, mi. at, TIM nanl renorl ?!?o*i I
kal the Book ' ? bad m la. an lael ye ir of *i-.000, earl
tititi it had 1-0,000 permanent ? Inveeled ihefoiiow
lag ..iii., i?, wen elected for the eneadag yeort !'?
?, nt. In d. ii. ,tcl',k-t. r I.I H : l'u-l Vu t IT? ?id. nt,
B'llliam Culln Bryant, ti P.; Becond Tms Vttatttt?,
Jomet W H.ilkiui.n I.u.i.ii (? un ?pom lui-* "urttary,
n* allan ?f. iioppii, Hum.?ii. Oornneanhn-j Br^ntary,
l.'.ii \. iniMi.i.!i. l:.," ii.- Secretary, Andr, a
\l , :n r; I i i-':??:. 1 . : in. n ii. li. id . 1. Hu ?M .nu. I ?'? r? 1
11 M ne. I.I. I)
Aftei lue ?? lea-tb n of ntli- eri a p?| i r a m read hi bli or
i,m .i .hu vv ui. d. r i-f? i .?u ?? Vt?ht in. ib.- uecialve
I ; ni le ol tin I :? li. 11 Inn " VU. t *.,l , nu ?at. i l li mai k? ntl
til.in ?.iel. li, -- id lill . li ,t i n r uf lu "i. I ! o -i. i?. -uni ?t
tri.une nt -mi. ? ?M ?i:-- m nie .-of lu.? I ir.-.-r. (..n ,1??
p. k->. r t.-n.- .i mil Hi -nut -.i t;-bb da-arriptioa of Um
hut tie of N_*b ville, which !.. maintained te '? "ti all
the battle? of tlie ? u liuerli in co Biet th. meet an
pb te In tiarcaulf. the liiieat and moat i?ife, i in eieea
lion, ?Hai ?-. ??' all. au i t?, ti. ally, ti..- Bin -t a? a ?duly
and ia au Bl uupl" IO be r.f.ri.d to and ? lied berc?
ail? i."
lieu, de Peyttei It re/rarded u trnitwortby anthority
m renard to tkta I tttl. . Bavina h.vl b1 in? di?i>oeal ali (he
..tit? -al .bn ..nient- connected with it, nindi a ?la-eiai
-ii,n of the around .. which li wa? fought, and mb
uiltled a narrative ol It te Oca. thnmaa, wfcMB waa pro
?i,..iii, ed to be .?iitlult COD C1 liuul. I'i i ?ti r r.tJeed
hi- Bcconnl "f the hattle hy Indtcatinr n- rMr?)oaa re
?uiia mid compnnas ii wuii ethm a*nat,taanslM vu
U t?. .- ill t.,e tim id? nl-l-T).
i,i!. Bl nMN'i OF Hil- ITBAMn WAK).
Addi-ob? LOW, Snjii ivi?i;tr? ItiaiMetor of Sti ;iui
hnsa.baanlmlllnd hie ispni tu tin- Trt.-.?utjr Depart
ni,-,t Boanning the iiui'Uiur of the ?t?.uner City of
Wuiu. ni (,tlt, ion bar, on Not. ??. (apt. lajw. after
ntirtviui; the t?-jtiui,?uy taiteu, ?ays thnt Hie local Board
of Iia-tpeit'ii-i iiiii?'.ii -t.-ii bud r*M hod IBS con*l.i?lou that
the fin- ur.?'liJitt(d lu the ?blp'a . arjo from ?oma
m itei -.-ti itlileh tvould iiruitc from friction or from ?pen
tutieoii? aanbUstlon, ar.,1 Uiut, eoiulii?: In eoutact ?iib
?,,ine ?iibamuee, cuii?d a U-rr'Hti exploaion, kilima or
?ttiniitua the t'?u?.acn?". i? :iu?l cri-w. ?o that li .toy of them
cac.tpcd turu- >\ :. in. ,djmice of ?.?tliiir their livi?. Tb?
laapeenr nya Uda rjoaabsana i* iu?tifled in ?ome ia?
ap?ela by tim u?titii"iiy. hal '.t boob boI ap
|h?i- that the expMelou waa heard by nmre
than ou.. i?u-t?,?u, und he ii_) hate b??cn miaUkcn
tap!. Law ?t'ta- tkal he bnalvaya fouud Mallory *
( ,, . the r-? ' :? of the line, trlliln-f fo conform U) UM r?
uuin lueniv- of toe irnip eton,kal in enrrytaajpatnlenm
tttey t. -I at. d the law and nn? llald. to all tb? ra naitica
pr.?e:it?id t'apt lam e ill? the alle',Ihm of the H? l'.u
incut tai th.- vari uiiaiin?fat!U>ry and indi tiiulc law in re?
lation lo Ike li.iiis.-orti.tioti of pi Hob tun. and re? oui
iii.-iul. that in?-e'i|*ir ?t atnei-a bt proluhlti-d from (?jr..
in-.it. roe valu? of the Waco toahMad n fJ047 ?BOO, ran
ni the nrto al ?.i.'-nmai

New-York tribune. [volume], January 05, 1876, Page 3, Image 3
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

New-York tribune. [volume], January 05, 1876, Page 3, Image 3 About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Connect with the Library

Find Us On

Subscribe & Comment

Download & Play

Questions

New-York tribune. [volume], January 05, 1876, Page 3, Image 3
About New-York tribune. [volume] (New York [N.Y.]) 1866-1924