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The Railroad Bonds.
We have recently been reading
up on the question of the old rail
road bonds. Before we began study
ing the subject we supposed we
knew all about it, but after wading
through what the Press, Dispatch
and Pat. Childs have said, are forc
ed to the conclusion that we don't
understand it. With us the ques
tion has hitherto had this appear
ance. The State unwisely became
the endorser of a party of specula
tors who had organized themselves
into railroad companies, but hadlegislature
hardly enough money in the crowd
to buy a tie. To aid these in mak
ing trie bonds available, the State
enacted its banking law constituting
the bonds a-basis for the issue of
After a large proportion of the
bonds had been issued and sold,
and after the State had been flooded
with currency, the State legislature
refused to provide for the payment,
of interest on the bonds and the
companies could not pay. The
bonds, accordingly, became worth
less, arid the companies were unable
to proceed with the roads. By the
time that the bonds were wholly dis
credited a large proportion .of them
had passed into second third, or
even fourth hands/and gross injus
tice and injury was done to honest
innocent people through the sale ol
these .bonds and the circulation oi
the currency. -. •.
Two things are certain: the rail
road companies never could have
used the bonds if the State had not
endorsed them and the conipanies
could have gone on with building of
their roads and made the bonds
available for the purpose for which
they were issued, if the legislature
had provided for thf interest which
might accrue before the roads were
in a condition to earn something.
At the time, it seemed to us the
wiser plan that the State should pro-.
vide for the interest and keep up
the bonds. The security was ample
to protect it" against loss if it had
acted sagaciously in its dealings
with the companies. But the troub
le seemed to be that the same men
who constituted the companies con
trolled the government of the State,
I it was apparently better for
them that the bonds should be al
lowed to bedfcme- worthless than that
they should finish the roads. Or, at
least, they acted as though they had
made "a good enougli thing" out of
it a it a .,• *,V-"1./'IT
To conclude,1 then, the State did
wrong, first, in endorsing th.e bonds
at all secondly, in allowing ihem
to depreciate to worthlessness
thirdly, in neglecting to hold the
companies to the letter of their obli
gations and fourthly, in not making
provision for the payment of the
bonds by .the new companies to
whom the lands and franchises of
the old bankrupt corporations were
turned over in 1862. And the com
panies did wrong in attempting a
speculation which there was every
reason to believe would be unfprtu
nate to themselves unless they could
swindle either the State or Eastern
or foreign capitalists. The whole
matter, from first to last, was wrong,
either willfully or innocently, and we
have no doubt that some of the pres
ent holders of the bonds are blame
worthy but still the bonds are en
dorsed by the State and, legally,
the State is under obligation to pay
them. For eighteen years they have
hung over us and been the subject
of many fierce discussions. If they
can now be settled on advantage
ous terms it seems to us best that
they should be, for until they are
settled we shall never know what a
may bring forth concern
ing them, for the constitutional
amendment passed a few years ago
to guard against a contingency of this
sort, seems powerless. If Mr.
Chamberlain's proposition is accept
ed it will dispose forever of this
debt and it will prove a bar against
any greater demand that rhay be
made by other holders hereafter.
—The order has been issued for
the removal of the troops from the
leaves the question as to whether
Hampton or Chamberlin shall be
South Carolina state house. This
governor with the people of that
State, to whom it belongs.
Patrons of Husbandry.
The Chicago Times of Saturday
furnishes a* conveniently summarized
statement of the condition of the .Order
of Patrons of Husbandry, Oct. 1, 1876,
from which we glean the following:
The receipts of the National Grange for
1876, were $102,143.07, and for 1875,
$69,735.65* The expenditures of 1875
amounted to $95,960.54, and of 1876 to
$66,028.25. The salaries and expenses
of officers were, in 1875, $22,992.89
and in 1876, $16,659.47. From Janu
ary 1st, 1873, to September 30th, 1876,
the receipts through the secretary were
$364,061.60. The net receipts, ex
penditures and assets at the close of
each year were as follows:
Year. Receipts. Expenses. Assets*
1873 $125,899 92 $73,234 72 $52,665 20
1874 216,374 57 175,000 82 64,028 95
1875 77,9S3 81 99,687 76 78,984 70
1876 56.327 20 60,028 25 71.767 40
The assets include $62,526 25 of
-United States bonds, with a present
value of $68,000, and $3,707.40 in
cash, besides which there are the prop,
erty in the the offices of the grange, a
$3,500 note of the Nebraska State
grange,.which is delicately said to be
"not available as a cash note," and the"
cash balance in the secretary's hands.
The total number of. •subordinate
granges at the close af the national
grange year in 1875, was 24,323 and
the total of members 761,263. Sep
tember 30th, 1876, the number of gran
ges was reduced to 15,170 and the roei%.
bershipto 588,987. The^total number
of grange* fotmed' has beW 25,175.
Of thAsej623 ha,v^,surrendpre4'tj»|BJrJ
charters, 657 have ha.l their charters
revoked/871 have been consolidated
,-, i* Era-v jif iMt.
1,744.550 soul* Afrpr mil- no- Airoi.tr
country. That the apparent shrinkage
is in reality healthful, appears from
the fact that while the number of
granges has been reduced 37)£ per cent,
the number of paying members has
only been reduced 22£ per cent, and
the average strength of each grange
has risen from 31)^ to nearly 40.
Four dispensations were issued in
Minnesota in 1875 and 8 in 1876. The
dues paid by the Minnesota granges
amounted in 1875 to $1',505.67 and in
1876 to $1,417,88. The number of
granges in this State was, in 1875, 546,
and in 1876, 295. The membership
was, in 1875,16,617 and in 1876,9,330.
The average membership, Oct. 1. 1876,
Tuesday, work was begun in earnest.
Several very interesting classes recited
at stated times, the intervening time
being occupied by general discussions
of the subjects previously illustrated,
usually opened by the 'Superintendent.
One point of importance brought out
was the need of thorough drill in pri
mary classes. Another the requiring
of complete sentences in such classes.
In the evening a general discussion of
various questions took place.
Wednesday. In. Arithmetic, classes
by Mr. Hoagland and Mr. Cobb were
were very good. A debate as to what
criticism should be given resulted in the
decision that all corrections should be
reserved till evening. An exercise in
Grammar by Mr. Parker indicated his
long success as a teacher. Simplicity,
thoroughness, teaching of one thing at
a time, free class discussion were de
duced from his exercises. Mr. Daven
port gave some good hints as to posi
tion in writing, a point too often neglec
ted. In the afternoon Miss Hall gave
p. model class in Geography. Health
and school government occupied the re
mainder of the day. Both were import
ant subjects and were well debated.
Mr. Hancock's rules will bear repeat
"Begin right the first day, keep on
right the next day" and "Be perfectly
honest and faithful," The magic pow
er of the word "please'' is to be remem
In the evening after criticism and se
lect readings, Mr. J. B. Locke gave a
lecture on the subject, The Moral influ
ence of the Teacher.^ It was very well
r,edeivdd by all present: itfW*,
IN UNION STRENGTH-IN KNOWLEDGE POWER.
ZUMBROTA, Apr. 2d, 1877.
Ed. Grange Advance: Last Monday
the people of our village-were pleased to
receive about sixty- teachers, a number
afterwards increased to about eighty.
As a whole the meeting of teachers was
very successful in its object and passed
offin away agreeable to all. Though
there were no normal instructors in at
tendance, Supt. J. W. Hancock was em
inently able to bring out, either by, his
personal effort or by such aid as he
found at hand, the points' in which
young teachers must often fail.
Monday, little was done except to
organize and to be in readiness for work
upon the morrow.
RED W|NG, MINN., WEDNESDAY, APRIL 4, 1877.
with others, 7,"843 are delinquent in Parker again gave a class exercise
dues and 15,170 are in good standing, in Grammar, But, after some discus
Allowing for female members, chil- sion by various teachers, wbo seemed
dren, etc., we may fairly estimate each to know none too well what they were
grange at 2-3 families, representing 115 talking about, we hoped that the day
souls, that the active grange
Mr. fcneeland intt Mr\
Dana showed the result of their exper
ience in classes in Arithmetic Mr.
tv^pis might come when a knowledge of Latin,
sent 348,910 farmers' families, or at least, would be required of teachers
Eduction, therefore, for exaggeration spent one half their lime Latin that
and misinformation, it will be seen that they have in English grammar, they
this great rural order embraces nearly would know more of the science of
one-twentieth of the population of the language.
we thought that had many teachers
Map drawing was treated of in the
During the institute Messrs. Parker
and Stearns aided by others, furnished
some very acceptable music.
Frida'y and Saturday were devoted to
an examination of applicants for teach
ers' certificates. Yours, hastily,
Hallo! You, Mister.
Ready-Made & Custom-Made
Ladies' and Misses'
SHOES & SLIPPERS
Every variety of
We deal exclusively in Boots an^d Shoes,
etc, and for that reason can &o better by our
customers, in the matter of selections and
fofcfes. "''G-ivto'M a atil.
HEFFELOTfUR, HOWELL & CO.,'
26ni3 "7* *\l 85 Main gt
CTATE OF MINNESOTA,)
COUNTY OP GOODHUE.
..i ,. and Decree of the District Court of the
afternoon by Mr. 'Kneeland and Miss judgment,,duly certified by said clerk,
Buttruff. Mr. Aldrich in his reading
class, though he secured promptness,
was too loud. Mr. M. L. Haggard, of
Roscoe, secured the prize for spelling,
a book entitled "The Art of Teaching''
—AN HISTORICAL PACT.—Every
agent who has been steadily selling the
Improved $20 Homestead Sewing Ma
chine for three years,„owns his dwelling
house, has a good aecount in bank, is
clear of debt, and has money at interest,
—the natural consequence of securing a
good agency for superior goods at the
lowest prices. A good first-class Sew
ing Machine, most useful—reliable at
all times, easy to understand and con
trol, the same size and does the same
work as any machines that sell at four
times the price. There is no machine
at any price better, or that will do finer
or more work, and certainly none so
low in price by many dollars. The
Homestead is widely known and used
in thousands of families in the Eastern
and Middle States, and daily becoming
popular in the West. It will save its
cost several times over in one season,
doing the work of the family, or will
earn four o? five dollars a day for any
man or woman who sews for, a living.
It is- the strongest machine made, is
ready at all times to do its work, makes
the strongest and finest stitch yet in
vented, and is fully acknowledged as
the Standard Family Sewing Machine.
Price, complete for domestic use, $20,
delivered at your door, no matter how
remote you* may reside. Business per
manent and honorable, with more cer
tain and rapid sales, and larger profits
than any other. Extraordinary liberal
offers made to local or traveling agents
where we have' none established or, if
there is no agent near you, send your
order direct to the factory. Address
John H. Kendall & Co., 421 Broadway,
January, A. D. 1877, and that day
docketed in the office of the clerk of
said Court, in the county of Soodhue,
in said District, a transcript of which
has been delivered to me,. I, the under
signed Sheriff, as such Sheriff will sell
at public auction, to the highest bidder
for cash, at the front door of the Court
House, in the city of Red Wing, in said
Goodhue county, on Saturdav the 19th
day of May, A. D. 1877, at" 10 o'clock
in the forenoon of said day, the land
and premises described in said Decree,
or so niuch thereof as will be sufficient
to satisfy the sum of one hundred and
ninety-nine dollars and ninety-six cents,
together with interest, -costs and dis
bursements. Said land and premises
to be sold are described in said Decree
as follows to-wit: That certain tract or
parcel of land situate in the county of
Goodhue, and State of Minnesota,
known and described as follows to-wit:
The north half of the south west
quarter of section number twenty (20)
in township number one hundred and
nine (109) north of range number six
teen (16) west.
Dated Red Wing, Minnesota, April
3d, A. D. 1877.
MARTIN S. CHANDLER,
District Court, First Judicial
William D. Stroud, Plaintiff, against
Warren Brayton, Defendant,
Notice is hereby given that in pu
ucmuj given Lime pur-r
5 S ?f
Judicial District of the State of
Minnesota, made and rendered in the
£z^'1^ 2on"!.&.- 4
Sheriff of Goodhue county.
J. C. MCCLURE,
Attorney for Plaintiff. 2Gw7
I have already received a large lot of fine
PANTS, &• VESTS,
HATS & CAPS,
And everything pertaining fo
Un-Laundrled Shirts a
SIX FOR SIX DOLLARS!
Give me a call. E. A. LEVI,
STAR CLOTHING HALL.
T. C. BOYNTON.
Third St., west of Bush.
Is Jiow prepared to do
Promptly and to make a superior quality
of flour. He gives to hts customers the
flour from, their own. wheat, and guarantees
that it will be the best that oan be iuade of
it* Give him a trial.
tprney and Counselor at Law,
Practice in all the Courts of the State
TATE OF MINNESOTA,)
COTJNTV OP GOODHUE.
District Court, First Judicial District.
Ole Johnson, Plaintiff, Against Mar
garet A. Kelley Defendant—Sum
mons for Relief.
The State of Minnesota to the above
You are hereby summoned and required
to answer the complaint in the above entit
led action, which has been filed with the
House in Red Wing, in said Goodhue coun
ty, on this twenty-eighth day of March A.
D. 1877, and to serve a copy of your answer
to the said complaint on the subcriber at bis
office, in the city of Red Wing, in the coun*
ty of Goodhue, and State aforesaid, within
twenty days after the service of this sum
mons on you, exclusive of the day of such
service and if you fail to answer the said
complaint within the time aforesaid, the
Plaintiff will apply to the said Court for
the relief demanded in the said complaint.
Dated Red Wing, Minnesota, March 28th.
A. D. 1S77. B. B. Herbert
25w7 Plaintiff's Attorney.
O N E I S
Bush street next door to old Post
Remember that when you buy of Corne^
lius, you get full value for your money, he
warrants everything he sells to give perfect
satisfaction or money refunded.
Special attention given to repairing and
rating watches, also general jewelry repair
ing done at reasonable prices.
—No extra charge for engraving.
A Home and Farm
OP YOUR OWN
On the line of a GREAT RAILROAD, with
good markets both East and West*
Now is the Time to Secure it.
Mild Climate. Fertile Soil, Best Country
for Stock Raising in the. United States.
Books, Maps, Full information, afsc
"THE PIONEER," sent free to all parts of the
world. Address O. F. DAVIS,
Land Com. U. P. R.R.
2flw5 OMAHA, NEB.
T^-ELSON & PETERSON,
Hardware, Stoves, Tinware.
FARM MACHINERY and IMPLE
BUILDERSV HARDWARE, ME-
CHANIC'S TOOLS AND
Bush srteet, Red Wing, Minn.
Builder,Manufacturer aud Dealerin
SASH, DOORS AND BLINDS,
DOOR AND WINDOW FRAMES, MOULD
INGS, CORNICES, BRACKETS,
..,,,, EAVE SPOUTS.
Aluminous Building a
Turning,Plaining. Sawing, &c, done to
Attorney and Counselor "it Law
BED WING, MINN.