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VOL. LTI. AMMOUMOEMENT. We respcctfully lnform all thoe In need of Overcoats that owlne to tho viry mild weather which stillcontimies.that notwlthstandlngthe qnantitlea vhlcb we havo afrcady, we flnd ourselTea very hcavily stockcd with OVEECOATS In all of tho dMTcrpni Krades. and In consddcra lon of the fact tlmt the copartncmhlp exlst ingbetween Cole& Huit wlll bo closi'd as soon aa the ttores In the Opera IIousc Diock aie completod, tlierefore we have declded to make uulienrd of REDUCTIONS IN PRICES In order to convert our larije stock lnto cash. We nre also cuttlng prlcea In Sults. HaU Capi and Furntdiinss. and are dvlnc. you an npportunity to stock up your wardrobes at priccs that ciiiinot !c matehcd In city or country. Wo are dctermlncd to innke great reduc Flons In all lincs within the next thirty dayn, regardlcss of cot, All snlcs wlll be Spot Gash, and no Wo are suro our low priccs will mako you all COLE & ONE PRIOE OLOTHIERS, Busincss JUivcctovj). G. H. MASON. ' A TTORNEY AT LAW. Xjl Adams" Block. Bennington. Vt. .12 C. II. DAKUNU. ArrORNEY ATLAW. Ofllce ovcr First Natlonal bauk, 44tf Bennington. Vt, DR. MARY PARTRIDQE. .rFFXCEAT RESIDENCE, KJ SltfJ No.4l2iIainSt.. nennlngton.Vt. COAL! COALl COAL! LXME AND CEMENT AT W1I0I.ESALE AND IU5TAIL. 'Depot J. II.I.ORING , CO., Bennington. U. A. PIERCE, BOOKBELLF.lt, PRINTER, STATIONER AND BLANK BOOK tAKER, Banner Bnilding,) North at. rnnlngton. JAMES B. MEACIIAM. ATTOHNEY AND 'OUN'SELOTt AT LAW. 18 Ofllce in Park Block, Rooni No. 4. SHELDON & CUSHMAN. Attorneys and Counsellorsat I.aw, anurtollcl tora In Chancery. No. 307 Jlain Street, Bennington. Vt. lOtf-82 W B. Sheldon. II. T. Cushman. BATCHELDEU & 13ATES. A 'tTORNEYS AND C0UKSELL0R8 AT LAW Xi and Sollcltors In Chancery. Office over Flrat Natlonal Bank, Bennington. 36tf J K.. JJAi U111SL.1HSK, E. U. UAliCS. DR. B. C. JENNEY, Dentist. 8UCCESS0U TO DU. J. N. SCRANTON.) Is prepared to pcrform all opcrations in Dent stry in a thorough and Torkmanlike manner. I'cr ect aatisfactlon guarantecd In all cascs aabmitted o his care, aud at rcasonablo prices. (ias or .Stlier admiuistercd orcxtracting tecth whcn re- inircd. OiBce opposito Congregatlonal Church laln 8t., Bennington. WiLLIAM E. MASON, LAWRENCE M. ENNI8. ROBT. P.BATES. LAW OFFICES OF MASON, ENNIS & BATES. Roorus 37, 31, 39 & 40 Uulty liulldlng, 79 Dear torn Btreet, Chieago, III. Investmenls a specialtv. Loans of any amount placed upou I'hicago real estalo at 7 pcr ceut: mall loans at S ner cent per annum. A shareof your businesa in botli departmorts Bollcltcd. 10 BENNINGTON CO. SAVINOS BANK. The Bennington Connty Savings Bank at tho Bennington Connty Natlonal Bank, 1s open daily for the transactlon of busincsi from 10 o'clock a. m. to 4 o'clock p. m Sundays and Holldays ex epted. Intercst to depositors ttrictly in accordance with be lawa of the Statc of Vermont. Jloney de poslted anytime after the first day of each montli draws Intercst from tho first day of the next suc ceedlng month. Interest computcd January lst and Jnly 1st, and if not withdrairn willbe added o prindpal, and intercst thereafter will accrnc upon it, g.Loans sollctted npon real estate and undoubted personal secnritica. . B. VALENTINE, Prcsident, I. E. (JIBSuV, Vlce Prcsident, C. II DEWEV,Trcanrcr, O. W. 'IARMAN, Secretary, Tiidstees A B. Valentlne, ti. W. Harman, -OlinScolt. .1. T. Rhnrtleft. I E. Glbson J. R. Judson Jolm Robinson. A. Z. COTLER, DentiBi, 8ncces?or to Dr. 8. B. Plke. Al operatloni rcrformed In tho most thorongh and carcful manner, and at reasonable prlces, My ilm wlll be o glve e-tire aatisfactlon to all caseg tubmitted to my carc. Gas and Etber adminlstered for extraotinc teelh without inio, whra desired. OmccOpposite i'ree Llbrary Ilall, Bennington. S7tf Vermont. nving so.d my dental practlce to Dr.A.Z.Cut er, agentlemanof experience and ablllty, I bo apeak for hlm the pame libcral patronage that has been accorded me the past eighteen yeare. DR, 8. B. PI1CE. LRAILWAY AND STEAMBOAT TIGKETS ! Tickct to all nointsln theUntted State! and Canada at lowej t prlcea Flye hnn-4 dred linns authorltatlrely rcnresnted. wlth a choico of five thou;and routes;4 poaggage cnecKea inrougn to ucsunation;. bround trln tlcketa with slr month'a Ilmlt. bat reduced rates; allclaates; all routcs.4 r or nme lauies, maps, ctc, appiy to P. G. BOND, Ticket Agent, bB. & R. and L. S. RMIwavj. liKMWINUTON, VT. 0 ( 0x J STRAYED. From the Trenor meadowi. a bay mare colt, 3 comlng 4 yeare; black polntn, small itar In forehead and double mane; belght about 14 hands. A snitable reward will be glren for the return or dlscoTery of tald colt. JOSEPK NORWOOD. Pownal, Vt.,H0T.Btb, 1892. 42tf Credit Allowed satlsfied and bnppy. Rcspectfully, BURT BENNINGTON, VT, THE BANNER. BENNINGTON: FRIDAY, DECEMIiER 0, 1802. Rntered at the Bennington I'.l'.H.meconri-clasi mitter bvC. A.PIEItCE. PublUhpr.l Terms. $1.60 per year, strictlyin advance T1JE PJiESWENrS MESSAGE. Confjress met Mouday and on Tuesday tliel'roMdDiit's valedictorj' was givcn to that body. It is an exceedingly interest iD public documcnt and is. in manv ro spcct', tho best of liis administratiou. Morcover, thero is a fund of information in lttliat is of vital interest to tho Ameri can pcoplo at this tlme. Tho readercan- not tail to bo cspecially struck bv the spiritshown. Not only is Mr. Ilarrison uy otlicinl positton tho head of a dofeated patty, uut is iumself tlio uofoated candi date. Undor tlicso circnmstances it would surcly notbc stranco if somcthiiig ui iuu uimil.u LuuniK lnnuenccs oi tlio cicctiou appcarcd in tne coinmitiiication Unt nntlinif; of tlio sort is found. Upon tlio contrary tho Presidcnt takcs it all from tho Statcsman's point of viow, and counscls what ho tliinks best for tho country umler tho circumstances. Tho Presidcnt l)egins with tlio favora blo conditions of tho commercial and in tlustnal mterests of tho country and says: I havo creat satisfaction in bo inRabloto say that tho Renur.il condi- noiis .iuccun ino commercial and in dttstrial interests of tho Unitcd States aro in the highcst degrco favorable. A comparison of tho oxistiiij; conditions with tlioso of the most favored period in llioliistory of tlio country will, I believe, show that so liigh a defjreo of prosperity and so Rericrai a diffusion of tho com forts of lifo wcro nover beforo enjoyed by our peoule. Tho total wealth of the country in 1800 was $10.15!),010,00S. In 18!)0 it amountcd to $OJ,010,000,0(X), an increasoof 287 pcr cent. In ISS0 tho capital investcd in manuf iclurinc was $1,2:12,83'J,GT0. In 1890 tho capital in vestcd in manufacturiiiK was 2,U(X).73d, 8S4. In 1880 tlio number of enipioyes was 2,251,134. In 18S0 the wajjos carncd wcro $501,000,778. In 1890 tho waRos earncd wcro $1,221, 170,4.4. In 1890 tho valuo of the product was $2,711,570,889. In 1890 tho valuo of tho product was $4. 800,2S0,837. Tho Presidcnt then K'vcs statistics showinRa big incrcaso in new industrial plants started sinco October 0th, 1890. Soveral cotton, woclen, plush, silk and linen niills have been opened. Forty cotton mills havo been started in sotith ern States alone. Tlio cousumution of cotton mills has increascd. Tho rcport of Ira Ayer, special agent of thotroasury departmont, sliows thatat tho date of Septomber 30th. 1892, thero wcro 32 companies mautifaeturing tin and terno plato in tho United States and 14 compauios buildins new works for such manufacturc. Tho estimated in vestmcnt in buildings and plants at tuo end of tho liscal year Juno 30th, 1893, if existinp; conditions wcro to bo continucd was $5,000,000 and tho estimated rato of pxouiiciion uu,uw,ouu pounds per an num. Tho total productlon for the iuar tcr cnding Septeniber 30th, 1802, was 10, 052,752 pounds. Tho Prcsident then giycs tho flgurcs of Labor Coratnissioner Peck of New York and tho Massachusetts Commis sioner showing tho iucreaso in capital and wajjcs. Thero has been much in creaso in tho production of iron and stecl; in foreign trado, that is exports and imports of merchandiso and pro dticts,and thero is a large balanco of trado in our favor. In coastwiso trade thero has been a largo increase, also in hoino trado in tho dilTcrcut SUtcs and in busincss on tho great lakcs. Trado with London and Liverpool cspecially show a prospcrous conditfon that favors this country. Another indication of tho goneral prosperity of tho couutry is found in tho fact that the number of depositors in savings banks increascd from 003,870 in 1800 to 4,258,803 in 1890, an increaso of 513 pcr cent and tho amount of dcposits from $149,277,504 in 1800 to $1,524,844, 500 in 1800, an increaso 021 per cent In 1891 tho amount of doposits in sav ings banks was $1,023,070,740. It is es timated that 00 pcr cent. of tlicso dopos its rcprescnts the savings of wage-earn-ers. Thero nover has been a tim'o in our history whcn work was so abundant or whon wagcs wero so high, whelhor measured by tho currcncy in which they aro paid or by their power to supply tho necessarics and coraforts of lifo. Markot piicos of cotton and whcat have been low. It is one of the unfaror ablo incidents of agriculturo that tho farmer can not produco upon ordcrs. He tmust sow and reap in ignoranco of the ajgregata production of tho yoar, and ig peculiarly subjeot to tho deprccia tion which follows OTer-production. BENNINGTON, VT., FRIDAY, DECHIMBER 0, But, whilo tho fact I have stated is truo as to tlio crops mentioned, tho general avcrago of priccs has been such as to givo to agriculturo a fair participation in tho gonoral prosperity. Tho valuo of our total farm products has increascd from $1,303,010,800 in 1S00 to $4,500,000, 000 in 1891 as estimated by statisticians, an increaso of 2Jo per'cent I bcliovo that tho protectivo system, which has now for something moro than 30 years continuously prevailed in our legislatlon, has been" a mighty instru ment for tho dovelopment of our nation al wealth and a most powcrful agency in protecting tlio homes of our worknig men from tho invasion of want. It is not mv nurnoso to renow hcro. tho argument in favor of a protcctivoB tariff. Tlio resultof tlio recent electioui must bo acceptnd as having intrneiuccd a now policy. Wo mustassumo that tho prcscnt tariff, constructed upon the lincs of proteotion, is to ho rcpealed and that thero is to bo substitutcd for it a tariff law constructed sololy with rcferronce torevenuo; thatuo dutyistobe hlgher bccattso tho increaso will keep open an Anu'rican mill or keep up tho wagcs of an American workinan, but that in cvery caso such a rate of duty is to be imposed as will bring to tho trcasury of tho United States the largesl returns of rovcntio. Tho contontion has not bsen betwcen schcdulcs, but betwcen princi ples, and it would bo offonsivo to sug gost that tho provailing party will not carry into lrgislatiou tho principles ad vocated by it and tho plctlges given to the pcople. I recommend that tho whole subjeot of tho tariff revision bo left to tho in coming Congrcss. It is a matter of re gret that this work inust be dclayod for at least thrco months; for tho tlirc.it of great tariff changes introducos so much uncertainty that an amount not easily estimated of biisinufis inaction and of di minished production will nccessaiily ro Bult, It is possiblo also that this uncer tainty mAy resul! !n tlccrcascd rcveiiues from customs duties, for our mcrchants will mako cautious ordcrs for foreign goods in viow of tlio prospect of tariff reductions and tho uncertaintv as to when they will tako effect. Thoso who havo advocated a protectivo tariff can well afford to havo their disastrous foro casts ot a cliango of policy disappoiuted. If a systnm of customs duties can bo framcd that will sot tho idlo whccls and looms of Europo in mntion a'nd crowd our warchouscs with foreign-made goods. and at the samo timo keop our own mills hiisv! tti-it. wlll rlvA iiq Art creased particl)atiou in tho "markots of tho world" of greatcr valuo tlian the homo markot wo surrcnder; that will givo increased work to foreign workmen upon produuts to bo consuracd by our peoplo without diminishing the amount of work to bo dono licro; that will cua blo the American manufacturer to pay to his workmeu from Ilfty to a hundrcd per cent. moro in wages than is paid iu tho foreign mill, and yct to compto ln our markot and iu foreign markots with tlio foreign produccr; that will further reduco tho cost of articles of wcar and food without rcducing tho wages of thoso who pronuco thsm; that can bo colobrated after its effcets havo been realized, as its expcctation has been In European as well as in American citics, tho authors and promoters of it will bo cntitlcd to tho highest praiso. Wo havo had in our history sovcral ox perienccs of tho contrasted cffects of a rovcntio and of a protectivo t-irilT. but this gcncration has not felt thom and the expcriciico of ono o-oneration is nntliMi. ly instriictivc to tlio uext Tho friends of tho protectivo systom, with undimin lshed conlidenco iu tho principles thoy havo advocated, awit tho results of tho now cxpcriment. Tho straincd and tnn nftnn (listiii'liii relations existing botwecn the eraployo and tho cmployers of our great manufac turing establishments havo not been favorable to a calrn consideration by the wage-earnerof tho offeot upon wagcs of tho protectivo svstum. Thn fants tl.at. his waccs werc tho liiDhnst n.iiil in HVn callings in tho world and that a mainte nance of this rato of wagcs, in tho ab scnco of protectivo duties upon tho pro duct of his labor, was impossible, wero obscurcd by the nassion evokod bv thoso contcsts, Ho mar now bo ablo to roviow tho question in tho liirht of his nm-snn.il experienco undor tho npcration of a tariff for rovcntio only. If that experienco shall domonstrato that present rates of wagcs aro therebv maintiined or in. creased, oithcr absolutely or in their ptirchasing powor.and that tho aggrcsato volumo of work to bo dono in this coun trv is increased or muintainod, so that thero aro more or as many days' work in a year at as irood or bottor wairos fnr thn American workmen as has been tho caso under tlio protectivo system, every ono will rejoice. A goneral process of wago reduction cannot bo contomplatcd brany patriotie citizcn without tho gi-avcst ap- ireuunsion. n may uo, lndeea 1 Uoliovo s, possiblo for the American manufac turer to competo suctcssfully with his iwiniu nviu iu many orancues ot pro duction without tho dnfenso of protec tivo duties, if the payrollsaroequalized; but tho conllict that stands betwcen tho produccr and that rcsult and the distress of our working peoplo whenitisattalned aro not pleasant to contomplato. Tlio socioty of tho unemploycd, now holding its frcquentand threatening parades in tho strcots of foreign cities, should not bo allowed to acquire an American domi cilo. Tho messago then takcs up tho work of tho soveral dopartmonts, showing ox cellent work. Tho rcciprocity plan has been accoptcd by sorcral countrics, and statistics show that it has thus far been a success in increasing tho markets for farm products. Tho prcsident is flrm in his American position rclatlvo to foroign alfairs whother it bo Chilo, Eng land or Franco. Tho facts in tho Bering Sce seal busi ncss and tho arbitration board are given, and tho presidcnt recommcnds that in caso elthor as tho rcsult of tho find- iugs of tho tribunal of arbitration, or othcrwlso, the restraints can bo applied to tho vessels of all countrios. Tho caso of tho Unitcd States for tho tribunal of arbitration has been prepared with grcat caro and tho outlook of tbo United States is good. Tho prcsident also spcaks at length of our relations with Canada. Of Canadian railroads ho says: Canadun railroads competo with thoso of tlio United Statr s for our trafflc, and without tho rcstraints of our interstito commorco act Tho cars pass almost without do tention into and out of our territory. Tho Canadian Pacifio Rallway brought into tho Unitcd States from China and Japan, via Brltish Columbia, during tho power bo given to tho prcsident, by pro clamation, to proliibit the takitig of scals in tho North Paciflc bv American vessols. year ended Juno 30th. 1892, 23,230,380 pouiuis ot irotgut, anct it cariied rrora tho Unitcd States, to bo shipped toChiua and Japan, 24,008.840 pounds of freiglit. There was also shipped from tho Uited States ovcr this road from castern ports to our Pacifio ports during tho samo year 13,012,073 pounds of freight and thero woro received over this road at tho United States eastcrn ports, from ports ou tho Paciflc coast 13,293.315 pounds of froight. Joseph Nimmo, Jr., forraer chief of tho bureau of statistics, whon beforo thoSenatc-clcct committcoon rela tions with Canada., April 20th, 1890, said that "tho valuo of goods thus tr.msported betwcen diffcrcut noints in the United States across Canadian territory probably amounts to $100,000,000 a year." If, as wo 8upposo, tho political relations of Canada and tho disposition of tho Cana dian govurntncnt aro to remain unchang ed, a somowhat radical revision of our trado relations should, I think, bo mado. Our relations must coutmuo to bo inti iinato and tiiuy should bo friendly. Thero is no disposition ou tho partof tho peoplo or irovernment of thn IlnitnH SLitos to wnterfere iu the smallcst dcgreo with tho ipolitical relations of Canada. Tliat Ijquestion is wholly with hcr own pcoplo. .nlaincd: Tho rennrt of tho serri'tarv of tho treasury will attract espccial intor jest in viow of tho many mislcadiug istatemenU that havo been mado as to Ulio stato of tho publio rovenucs. Tlireo iprolimin.iry facts should not only bo siaica unt. empnastzeu uororo iooking into detaiis. First, that the public debt has been rcduced sinco March 4th, 18S0, $259,074,200 and tho annual interest cliargo $11,081,409; second, that thero has been paid out for pen.sions during this admiuistratinn up to Novembcr lst, 1802. $432,504,178,70, an excess of $114, 400,380.09 over tho sum expended dur ing tho jicriod from March lst, 1SS5, to March lst, 1S89: and third that undor tho existing tariff up to Decembor lst about 93,000,000 of rovenuo, which would havo bcon collccted upon import- ed sugars if tho duty iiad been mmn talnotl, has gono into tlio pockots of tho pcoplo and not into tho public trcasury as before. If thero aro many who still think that tho surplus should havo beon kcpt out of circulation by hording it in tho trcasury. or dopositcd in favored banks without intercst whilo tho govern mcnt continucd to pay tj tlicso very banks intercst upon tho bonds dcposit ed as security for tlio dcposits, or who think that tlio cxtcndcd pension legisla tion was .1 nubllo robbery, or that tho duties upon sugar should havo been maiutained I am coiitcnt to lcavo tho argument whcro it now rests whilo wo wait tosco whother thoso criticLms will tako tho form of lcgislatiou. Tho rcport of tho Commissioner of Pcnsions will attract great atteution. Jndged by tho aggrcgato amount of worlc dono the last year has been tho greatest in tlio history of tho offlco. I bciicvo that the organization of tho of flco is cflicieut, and that tho work has been dono with fldelity. Tho passago of wluit is known as tho disability bill has, as was forescon, very largoly increascd tlio annual disburscments to tho disabled vetcrans of tho civil war. Tlio cstimato for this flscal year was $144,250,000, and that amount was appropriated. A de- licicnoy amounting to $10,508,021 must bo provided for at this scssion. Tho cs iimato mr pcnsions tor tlio liscal yoar citaiug juno ;jutn, lsui. is sio.j.oou.ooo. Tho commissioner of pcnsions believcs that. if tho tire.sontleirislasioiiaiid meth- od s aro maiutained and further addi tions to tho pension law.s aro not m.ido, tho maximum oxpendituro for pcnsions will bo reached Juno 30th, 1891, and will oo at tno niguest jioiut laj.UJii.OU'J per annum. Tho report of tho Postmastcr-Gcncial siiows a most gratnyiug increase aud a most efflcientand pro;rcssivo manago- mcnt of tlio great busincss of that do partincnt. Thoremarkablo iucicaso iu rcventics, in tho ntimbor of po.stoftlces and iu tho milcs of mall camago fur uislius furtlior cvidoncc of tho high stito of prosperity which our peoplo aro enjoying. Tho postal rovenucs havo in creased during tlio last year nearly $5, 000,000. Tlio deficit for tho yoar ending Juno 30th, 1892, is $84S,311 les9 tinn tho deflciency of tho preceditig year. Tho dcllciehcy of tho present tlscal year is estimated, wlll be reduccd ro $1,052,123, whicii will not only be cxtinguislicJ dur ing the next flscil year, but a surplus of uoarly'jg 1,000,000 would then bo s'.iown. A wholesomo change of policy, and ono liaving in it much promiso, as it scoms to mo, was begun by tho law of March 3d, 1 191. Under this law con tracts hare been mado by tho postmas tcr general for eloven ocean mail routes. lhu cxpenditure mvolved by thoso con tracts for tho next flscal year approxi raatcs $954,123.33. As ono of tlio rcsulta alrcady reached, sixteen American stcamships, of an aggrogato tonnago of 57,400 tons costing $7,400,000, havo been builtor contracted to be built in Ameri can shipyards. Tho contract recontiy let for trans Atl.intic scrvico will rcsult in tho con striiction of flvo ships of 10,000 tons each, costing $9,000,000 or $10,000,000, and will add, with tho City of Now York and City of Paris, to which tho Treasury Dopartmont was authorized by logisla tiun at the last session to givo American rcgistcrs. scvcn of tho swlftcst vessels upon tho sca to our naval rcsorvo. Tho contracts mado witli tho lincs saillng to Central and South American ports havo increased tho frcquonoy and shortoned tho time of tho tnps, added now ports of call and sustaincd somo lincs that other wiso would almost ccrtainly hav been withdrawn. Tho scrvico to Buenos Ayrns is tho first to tlio Argentino Ko public under tho American llag. Tho sorvico to Southampton. Uoulogno and Antwerp is also now and is to bo begun with tho stcamships City of New York and City of Paris in Fobuary next. I carnestly urgea continuance of tho policv inauguratcd by this legislatlon, and tliat tho appropriations requirod to mcot tho obligations of tho governmcnt under tho contracts may bo mado promptly, so that tlio lines which hayo entercd into these cngagmonts may not bo ombarrassed. Aftor touching upon tho subjccts of Natlonal quarantinc, which is recom mcndcd, tho World's Fair, Itailway om ployos' interests, tho danger of unro strlctcd emigratiou tho intcrnatlnnal monoy congrcss, ctc, the Presidcnt concludcs: I havo in oacli of tlio thrco annual mossagcs which has bccn my duty to submit to Congross callcd atton tlon to tho evils and dangors conncctcd with our clectlon mothods and practiced as thoy aro related to tho choico of of llccrs of tho Natlonal Governmcnt. I cannot closo this mcssago without call ingattention to theso grave and throat- 1892. THE GREATEST VALUE EVER OFFERED II) fll) OVERCOAT, $15.00 IS THE TAIK OF THE CITY. IT3 EQUAL CANNOT BE PltODUCED. EVERY PARTICUL.VR, J.UIHii-AI'iiSltIS. COLOKS, BLACK. S )ME CADET C.REY. ASK TO SEE TIIEM A THE PEOPLE'S 333, 331 and 33S Rlvcr Strect, 13, 15, lTandlU Fourth Strcct, cning ovlls. It is timo that mutuat charges of unfairncss and frand betwecn tho great parties should ccaso, and that tho sincenty of thoso who profess a do siro for puro and liouest clcctions sliould bo brouglit to tho test of their willing ness to frco our lcgislatiou and our clcc tion methods from overything that tends to impair tlio publio conlldcnce m tho announccd rcsult. Samuol J. Tildon was one of tlio very fow peoplo who ever got ahcad of Jay uonm. Air. Tiiacn was large lioldcr of Unloii Paciflc stock, and he was satisficd that tho timo had como to scll boforo Mr. Gould could anticipato him. Hp sentan order to liis brokcr to scll 10.000 sharcs. Tho broker, tho head of tlio firra of Martin & Ruyon, sold it, and iu such a way that tho Stock Exchango thought it was a salo by a "bear." Mr. Martin kcpt on sclling day after day, and Mr. Gould was unablo to discovor that any grcat insider was sclling. As fast as Mr. Martin sold, the btock was borrowcd and transferrod under other names. Tho bootblack in his offico was registerod as the lioldcr of 3,000 sharcs and his baok keeper, casliicr atid all tho clerks' names appeared in similar largo transactions. Mr.Tildon kcpt on selling and Mr.Gould kcpt on wonclonng who was "short" of the stock. Tho transfor books of tho company gavo him no information. Mr. Martin was "borrowing"' from other hold crs of Union P.icillo stock cortilicates bearing other names, and was paying hundreds of dollars a day for tho uso of tlicso ccrtiiicatcs to concoal tho sharcs bearing tho great nameof Tilden. When nearly all tho Tildenstock had bccn sold. tho '"borrowcd" stock was replaced by ciisii new certiucaies ire3ii irom uio sate of tlio Sago of Gramorcy P.irk. when tho first of these bright new certificates wa3 shown iu Wall strect, tho brokcr who siw It started on a dead run for Mr. Gould's office. Tho ncws tliat Tilden was selling Union Paciflo sprcad llko lightning, and tho prico of tlio stock fell six points in half an hour. Mr.Tildon had gotten rid of 75,000 sharcs, worth over $3,000,000, and two Gould lirmj of stock brokcrs, which Uad bought tliem, wero forccd into banicruptcy, whilo a third victim of Tilden'a craft, John C. Euo, iled to Canada, A. 1'. Prens. Secretary Noble's rcport of tlio Iutcrior Department for tlio past year is a credlt able exhibit of busincss cfficicncy. Tho lnng accumulated mass of cases in tho Goneral Land Office, loftoverhy tho dila tory andiiicompetentofllcialsof tho pro vious Administratiou, lias all been clcarcd up, to tlio relief of thousands of honest settlcis. Jndiancducation has witncsscd an unprccedented advance. and 0000 memocrs of tho raco have received land in soveralty and bccomo fcona fide citi zens of tho Unitcd States whilo millions of acres of unuscd and unproductivo ros crvation lands havo been securcd on equitablo terms and opened to settlo ment. Tho Pension Oflico has kcpt its cnormous busincss woll iu hand. Mcdium grado cotton shirts aro taxcd $1.25 per dozcn. and fortv ner cent. ad talorem, or a total of $2.45 upon shirts worth $3adozou. If madonf linen whol ly or in part tho tax is fifty-fiTo per cent. Linen collars and cuffs aro taxcd thirty ceuts a dozcn and forty per cent. ad cai orcm, or a total of ovcr sixty per cent. lsocicpori union. smrts anu coiiars wero nevcr cheapcr than thov aro to-dav. Whv. a verv fairshlrt is snlrl nt. fnrtv. nino cents bv one of our advertiscrs. and ono good cnough for auybody to wcar can bo bought from a dollar to a doilar and a half. German sowing womon .iiow ever, work for from twelvo to iiftccn ccnU ner day, and if tho duties wcro ro moved porhapsashirtmadoin thatcoun try could bo sold horo for forty cents. Is this tho kind of a shirt tho cditor of tho Lockport Union wants to wear? Troy 1'ress. This conceds the wholo Ilcpiib lican arcumcnt. and bv tho Democratin Troian organ too. Tho 1're.ts is refcrred to tno l'rcsident s mcssago when he says tliat to think the Domocrats will do other- Highest of all in Lcavening Power. Latcst U. S. Gov't Rcport ABSOLUTElSf PURE NUMBER 47. FABR1C AND COLOR G UARANTEED IN CUfSINOLEAND DOUBLE BREASTED ON OUR NEW DARK BLUE, OXKORD, AND A IIAND- jCOITEBJmY, POPULAR CLOTHIERS, I Y. wise than carry out tho issuo of tariff for rovenuo only is to fault their intelligence and mauliness. JAY GOULD AT KUTLAND, Iiow the oung Flnaiicier Tnoglit Old ltallrondera a Trlck-Personal ltemln. cenrea by a Rutland Man, II. C. Tuttle, a prominent Rutland business man, knew Jay Gould in the uay wuen uo was laying tlio foundation of his mllhons. Mr. Tuttlo tells an in teresting story of tlio manner in which Gould got ahead of tho Kensselaer and Saratoga managcment and forced them to consolidato their road with his at a bigprofittohimself. Mr. Tuttlo's ver sion is differcnt from others published. According to it Jay Gould e.ime to Rut land late in tho ilf ties or carly in tho six ties after his marriago, representing the interests of his tathor-in law, Mr. Millcr, in the road. Tho road was then being run by trustecs of tho bondholdcrs, and tho bonds soon to como duo wero con sidored nearly worthloss and tlio stock worth nothing except to control the road, aftor the bonds were paid. Tho Renssclaer and Saratoga Rail road company was using tho traeks of tho Rutland and Washington road to run their trains ovcr betwcon Castleton and Rutland and supposed they controlled or knew whero stock and bonds wero held to control tho manasoment of thn Rut land and Washington road, but Gould had gono to work quiotly and pickcd up cnough stock and bonds to control tho road beforo the offluials of cithcr road suspecting it. A moeting was called for tho purpose of leasing tho road to tho Rensselaer and Saratoga coinpaiiy. This meeting was attended by the oflicials of both roads. When thoy mct and tho purposo of the meeting was stated by tho stockholders of tho Rutland aud Washington railroad, and tlio question of tho lease to bo voted upon, it was found that a small, black oyed, full-bearded man had tho majority of tho stock or proxies for tho same, and tho voto was in tho ncgativo. There was great consternation iu tlio camp and Mr. Gould was informcd that his victory would be of only a fow days' du ration, as tho road would bo sold under tho mortgago and they would regain poscssion. Ho quietly informcd them that it would bo nccessary for thcra to own tho bonds beforo they took possession and, as ho had them in his possession, thero was no danger of that. Tho rcsult was that he took possession of tho road and rcfuscd to allow tho Renssclaer and Saratoga road to run their tr.iins over tho Rutland and Washington tracks be twcen Castleton and Rutland, tho north orn terminus of tho Rensselaer and Sara toga at that timo being at Castleton. Ho run tho road somo threo ycars. When ho threatcncd to relay tho iron on tho old Albany Northcrn road betwcen Eaglo Bridgo and Albany ho brouglit tlio Rensselaer aud Saratoga to terms and sold out to them at a largo piofit, said to bo nearly $500,000, which in thoso days was considered a colossal transaction. Mr. Tuttlo also gives this incident showing another and a bctter sitlo of his lifo. While a psissenger train was staud ing at tho Salem station ho went forward to the engmo, looked it all ovcr and told tho cngiuccr, Charles W. Silloway, a sturdy, honest man of fow words, that ho wantcd torido with him and was ans wered, "It's agamst ordcrs." Ho said, '"I am Jay Gould, tho managor of this road, Mr. Silloway." "I can't help it if you aro tho owncr, I will not Ictyou rido without orders from tho master mcchan ic." Mr. Gould found the master me chanic, who mtroduccd him to tho en ginoer who would not allow him to rido on his own engine. Mr. Sitloway told Mr. Tuttlo what his fcelings wero at tho timo and kow ho cxpcctcd to los liis job, but instead Mr. Gould commendcd him for it and prescnted him with a, handsome mecrschaum pipo and was al ways his fricnd, and wet forward many times to rido with him and tako a pull at tho pipe. owaer