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V O L C A N O LuBRI C A TO R . 'i UESPAY OCT. 7, 1873 GBOR'rY* P. SARaSITT, r-CDLISHER & PROPRIETOR. Volcano IJ'esl Fa. IRS PUSSENT CRI3IS. A Worf to Business Men. Th?i ftnarc: ni trouble and excitement which has prevailed i.i M'e w Vork city for severni da\v post, and has caused the suspension of ?everal leading bank ing hvuses in that city and their branch** in Philadelphia and Wash- ! i-:gion, has rot extended to the iu tcric:-, r.oi affected as yet r.nv leading branch of traue or manufactures, ex cept in the instance of Locomotive Works, in jersey. The b'st authorities attribute this crash to the speculation of these banks in ni!r??:td boris of "ioubtfui value. ? No bai.ic any where has yet tailed doing a legt'.imar- commercial ^usines*. The only thing to be feared is a panic, in whiui communities lose their heads and demands of b*nks their deposits ail at i:nce, and altogether, which, f-cm the lack of currency which everywhere urt.a:i; through thi coui.trv, few. it* any, of tiie fcajiKs could meet at a day's notice. although naving ?n their vaults securities ar.d collateral# Unsold the rsiioun* o! tns:* deposits. It mv:?t be remembered that banks receive '.^eir money irem deposttoi* ; then ?oar. i: on good seeurit!es.and :'o not kee;- a large amount of currency :.:.j '!j)io>ed on hand, tor if they did so. their depositors would be wnre juuner:it;ve. It would be no object lor i.anas to tal.e ovpos:i.-f a;td open ac counts af 'ai jC expense, tor the simple accommodation ot thtir depositors and U?e sate k- t,.: .g of their l.:i;ds. 1 ne satety oi .ne business public Ana ,-.11 cur citucns and property owners i.cs i:i not compelling our banks to siCii.'.c-j their sec;:: Itics and convert '.hlii' assets at a day's notice, but to ap j' y to ".uj banks for i.o more funds than 'hoy need in their usual every day tr:...*a:tiuns, ana tnen our banks can carry en the mercantile. Manufactur ing and other- business interests of this c. .'.irj safely, and legitimately. Such is the tore of all our exchanges . in ihc ouc? east ar.d west, and for 6ter'.ing sense we ran heartily commend the leader in the iiuflaio C\'uritsr of Wednesday last, which is v.ii worth,)' careful pei -sal, to wit : '"The occupation of the man of stocks indeed suspended for the nonce ? culls a;iu 1-tars arc cqur.lly unluppy, hazing nothing io light aboui ? but !i.^; imate business is rallying trom its :iioir.e??iarv snock, and the public pulse at tuv. diuuciat centres beats with com parative calmness once inore. "At the same time the recovery of tone sr. the financial s\ stein must needs be a gradual one. The past week has b'?:a one of terrible depletion; it wih . -Huire time to bring back confidence a:..; r^s'.oie the vanished currency to ?.is oi j channels. Yts?cr day in New Yo:k demonstrated that the banks are U .stand firm, and that only modera .lou a..?- *~.iity on the part of the pub lic are needed to tide over the danger completely. The purchase of bonus by the Gover ;;nent contributes much \o :t.ieve the situation by supplying <r.irrtucy where it is most needed. ? i'ifople rcalue a5so that, outside the :. sol stock speculation, the gen eral busii.esS of the country has never b.. in better sua,?e to meet disaster. "There are always in every com Trinity panic manufacturers, and they busy yesterday, even in our own c.,y. We say with confidence and ? - -?nas?s that there is nothing in the . of the Liull'alo banks, whether ' scount cr savings, to make a panic j:. It must be fabricated, if at all, _-t u' ".hole dc'h. They are sound ..:td fa" v nrepaied to meet every legiti mate detuac ' unon them. ? orybodj understands, of course, ?.r. no bank, 151 ihe world can give the ;cv on demand lor the whole of If it ^ *?> '-t would . .. be <\ oar.... tor it must invest i?sde . a?C:?i do uu>.:..viS At all, and - is r.eeced to luru the best and >ost abunda.it assets into cash. This ?'-ticuiari v true d our savings - wt".;k .? ai'e a-> MiC .jjlv luur.Ucd ,, .'.nv?!c seci'Tvtles an\ : ... -.1 institution* can Ik-. Vet H "11 the depositor* o: any one of thern l?ak it Ir.'.o thvir he-ds to appeal "I:.;;;!-. .:::cou> iJie teller's desk and 5;jR~nd their money, it would beforc ,a 10 protect Jtsell in tho manner ;to '-hart-r permits by t;mc to coh ort its into cash. "Our savings banks have net th" . .t.:ci.t??n of availing them tevisof this privilege, and their re ; : ? ? -;c ibn-'i-nt .? rate-, any cah ?t at i* likely to be made upon then:.? '.kt wilt they Le under the necessity .?i either crowding their debtors or ^criacing any c( l-.esr Kdfritie^. in ! short, their policy and condition de serves the public confidence and wiil un.io. bicdiv have and keep it. r " i"he same is true, to a greater or I !e?s extent, of the whole buiness of the city. With reasonable confidence and I a spirit of reciprocal accommodation on the part of our business men, there should be no disaster here. Now is a 'iine, of all others, to keep royl and perrr?it no crowding Lot the call for monev be as moderate as possible on all hands. A few days of self posses sion and patience and the cramp will f-e over. Already, we have pood au thority for stating, n supply of cur rency is on its way to this city, more than ample p->r ail legitimate banfcin? and business needs. "Our counsel to our readers, there fore. rich and poor, is to harbor no idle alann and give wav to no thoughtless panic, no niaUcr what rumors fill the air." The Oil Region. OL'R ns AVCI.M. INDEPENDENCE AND FUTURE. While stocks are tumbling, and rail road securities collapsing in New York ?he price df Refined Oil in that citv has risen 'since the panic commenced' from i6?4 cents to 18 cents a gallon, ?he New York Commercial List ob serves, "it is doubtful if a large lot could be bad even at that figure. " It will thus be seen that the oil in terest and region is isolated, financi ally, from all the rest of the world, in consequence of the monopoly we cn jov of furnishing the world with the cheapest and best illuminator. Mavor Fertig and Walt Thompson's thousand barrel wells "at the front" created more panicky feeling amongst us and affected us more, financially, than all the failures that have trans pired among hanks and brokers of the East, and all the houses that have un dertaken to build railroads or credit. The Oil Region, thank God! had her onnic over a year ago, wi?h the incep ?ion of the South Improvement Co. ? That was the time the Railroads had us at their mercy, and as a result our product fell thirty-three per cent. ? Now the tables are turned, and the bubble railroad speculators have "come to grief." The oil fever of former years formed a theme "to point a moral and adorn a j t.ile." Rut the future moralist will find in the railroad stock bubbles of 1S73 far better illustration of the foil} of speculation . Tr.e wealth of Europe and America, however, will continue to accumulate and to demand investment. It will doubtless be deterred for many years to come from railroad investment on the present unsound basis of railroad ronstruc'son and one sided system of railroad m inagt-ment. And we con fidently predict that capitalists will seek hereafter in the 0 1 i Region and in Titusville, investments in oil develop n.ent and territory, in pipe lines, in re fineries, manufactures and real estate, which will yield to them in spite of all fluctuations, a better return than those J securit:c> and investments which have horctofore been the favorite ones. ? f Jlcratd. Hew to Correct Children. In all your fault findings and re ^ bakes about little i lungs and common things, use consideration for your child's feelings. When there are iittie persona! faults of uncleanliness, un tidiness, want of respectful manners, selfishness, or greediness, do not notice them publicly; shame is a weapon which ought to be used spaiingly, and never with repord to venial errors. ? The child thus irritated and mortified may amend the fault, in order toescape a second admonition, but it will not be done heartily. You have taken away higher motives, and destroyed the pleasure which amendment would have given. You have made her almost ashamed to amend, feeling as if every e_)e was watching her improved con dition. Had you whispered the fault kind I > and gently, with an evident de sire for good and comfort, it would have been the joy of her heart to have pleased you by the clean hands, tidy 1 hair, mended garment, and respectful courtesy. Nothing will teach this con sideration for theyoung but love alone Woe be to the home, the school, and the children, where love is not the lead ing prir.cipie! A proverb beautifully says: "Love rules his kingdom with out a sword." Were every child sway ed by this powerful ar>d holy sceptre, there would be no frightened looks be fore the teacher's face, and rude jests '?chind her back; there would be fewer punishments, fewer falsehoods, fewer tri.ants in heart, more good learned, and i he re lore ;sss evil incurred, than js 'oo often the case. When dislike, instead cf love, is lelt for those who teach us, far worse results take place hi heart and mind than if we were left altogether untight. It is told of a r--i:g:ous Sp^iiish lady, who lived cen tuiies ago, lhat when* asked lier opin ion ol the tpnnents of the lost, she thought it sufficient to sav,"Thev do not love." *? ' ' , Wood County Fair. Whi1e.it the County Kai-, and ad miring the heautiiul location of the grounds, the large happy crowd in at tendance, we thought that it would per haps gratify our readers, if we would make a few not?9, so that they who were not present might at least enjoy reading an account of what was there and who brought it there. The first thing that encountered our gaze as we entered, was the refresh ment rooms of the ladies of the Pres byterian Church, which we found do i ng a good business in dispensing well the necessaries as well as the luxuries of life. Next the dance platform crowded with happy peop.e, while <nnic dozen or two couples were "triping the light fantastic toe." Then the stand oc cupied by Mr Jas. Mehan, and then we visited the Power Hall. On enter ing the door and looking overhead, shafting could be seen rapidly revolv ing, and on our left hand was one of the prettiest potable engines it has ever been our lot to see; and it was from this engine that motive power was given to the shafting. The idea of a Power Hall was, we understand- 1 first suggested bv the O'Brien Bros, of this place, and the committee gave them permission to carry that idea in to effect, and when we say that this 1 (all was pronounced by all the best thing at the Fair, some idea can be ob tained of the amount of work perform ed bj these gentlemen. The display of O'Brien Bros, was large and taste I ful, and b} reference to the premium list one'eftn see that they took most ol i the "red ribbons." The ^engine re ferred to was made entire in Wood j county; the patterns were made by O'Brien Bros., Volcano, the castings by Mr. Kelly of Parkersburg, and the engine was manufactured by the I Messrs. O'Brien's at Volcano, and never was started by steam until she was landed at Power Hall in Parkers burg; it worked splendidly, and the awarding committee gave this engine the first premium, and the magnificent (?) sum of $15. Master Willie O'Brien had 011 exhibition a minature oil well in full operation, which attracted uni versal attention. In this Hall we noticcd that the Ex avtintr had one of their job presses running, throwing out circulars and handbills. We also noticed a large display of agricultural implements hv our friends Burche& Butcher. Passing Iroip this Hall we went over to the Floral Hall, there we found ihat our friends W. H. Warne & Co., had a .arge and beautiful display of their furniture. "Bill" took a heap of prem iums. R.J. A. Boreniati haJ a large dis play, and his entry of the lamons Estet Organ took the first premium. J. G. Blackford, Ed. Braidon, and several other of our Parkersburg friends, made a fine display of their goods; also Mr Dan Shafer had on exhibition a new and unique desk, one which we under stand he has recently patented, this desk took the first premium, and any one wanting such an article should not fail to see this new patent before pur chasing. Take it all in all, the Fair was a success, had there teen less horse and more agriculture we would have been better pleased. Our thanks are due, and are hereby extended, to W. M. Clements, C. II. Martin, W. Poole, R.J. A. Boreman and Mr. Dils, for favors shown. Temperance Mealing. Amity District Lodge met at Cairo September 19, 1S73. Rev. E. C. Way man presiding. The following com mittee on credentials was appointed, Brn. D. S. Steele, T. M. Hartley and G. P. Sigler. Bro. J. R. Lowrv was elected D. I*. Sec'y to lill vacancy caused by resignation of L. L. Had drx. Bro. T. M. Hartler and Sister Zora B. Cannon were elected repre sentatives to Grand Lodge which meetn at St. Mary's, November ti, 1873. committee on Public Meetings wasap pointed as follows: Bro. J. J. Sigler, llarrisville; D. McGregor, Cairo; D. Smythe Steele, Volcano; W. A. Sirickler, Ellenboro. The next session is to be held at Volcano, November 21, 1873. The lodge is in a flourishing condition, and is a great support in sustaining the order. It is a go-ahead organization, and retains the vitality that will cause it to make its mark. ? Preparations are being made to give the district a thorough canvass in be half of tcmpcr?!?re. The public meet ing held at the M. E. Church, on the ? he evening of the 19th, was a perfect] success. It was not so largly attended as it would have been had it been an nounced at an earlier date, hut a more enthusiastic meeting we have not at tended for some time. Rev. T. M. Hartley and Rev. E. C. Way man ad dressed the meeting. The result of | the meeting will be that much good | will be Accomplished. W. A. Stickler;' Secretary. j Getting Ready to be Married. We do not all tins time presume 10 meddle with the fashions, but desire to speak a word to those unfortunate damsels who are laboriously "getting ready to be married." We lately tried to put ourselvei in the place of an acquaintance who was passing through this ordeal, and wi camc to the conclusion, that if men were obliged to submit to so much shopping and matching and advising and "trying on," they would break promise oftener than they do ? the rascals. Now, girls ? this is confidential? it is not taking too much thought for the morrow to work and worry yourself into leanness of body and soul, in order to astound your acquaintance by the variety of your bridal apparel? We confess ? no, it is not sinr we boast ? that we have an eye, two eyes, tor that most charming vision, a beautiful wo man, richly and becomingly dressed ; to feminine loveliness we grudge noth ing within the bounds of taste, and of a ;>urse which is open at one end for charity; and we think a little modest extravagance, even if it has to he plan ed for, may be pardoned on the day which should be the fairest in a maid en's calendar. But to make up gar ments for yeart and years to prepare a trousseau ten times as elaborate as ever was needed in flirtation days ? girls, what are you thinking of? Don't you know that an unruffled face will please the bridegroom more than forty ruffled skirts? Wouldn't you respect your selves more were you to "get ready" by learning new ways to be really use ful, than if you make yourselves in competent for anything but to exhibit new dresses ? Character. ? The man of charac ter is always the man of iron nerve; he may be neither a great statesman or politician; he may be humble in his associations and aspirations; but with all these exceptions, if he has charac ter his heart is right, his integrity is unshaken. He looks ov truth with a clear vision, acting in accordancc with its supernal dictates he does not fear or shun the lace of his fellow man, for his soal is white with integrity, and he looks humbly aud trustingly tip to the' course of eternal truth, and his fellow beings in a lowlier sense, look up to him because he is trustworth, and, in short, has character. Character is the cor ner stone of individual greatness ? the Doric and splendid column in the ma jestic structure of a true and dignified mar., who is at once a subject and a king. Such is the true type of perfect manhood : To earth belongs his cor ruptible body ? to another ami more enlarged sphere, bis nouI, stamped with divinity. T. DEVORE, DEALER IN WATCHES, CLOCKS JEWELRY, SPECTACLES, NOTIONS, 4c. Watches and Clocks repaired and varranted. Every watch or clock ild warranted for one year.. Tobacco and Cigars of the finest urands; Tips and Wheeling stogies. Italian strings, Cartridges, kc. Orders prompt!;.* attcnted to and satisfaction guaranteed. Raymond st, next door to Lubricator. VOLCANO, WEST VA. PHCENIX FIRE Insurance Company, OF Hartford , Connecticut. The 27th Financial Statement of the r H <E XI X cn the first day of January, 1873. Cash on hand, and !n bank. fjoj 381 16 U. S. and State stocks and Wonds, 1*9, S4J 50 Loans 011 approved r-ecurities, 56,62s 40 Hartford Bank stocks, 4*3 7?? New York Bank stacks 3.V4?o go Miscellaneous Bank stocks, 5- 950 <>o Corporation & R.R stocks, bonds, rjrj6t Cltv and water t>onds, '"8,470 Real Estate, 79'on 46 Cash assrtt*. J:. 592,646 55 Total liabilities, I185 720 73. " " * Shafer & Steen, Ag'ts. Volcano, Wefct V?. f j- ,r W. S. 0'ttRIEx M. J. O'Brien & Bro., MANUFACTURERS AND DBALKRI XW PORTABLE AND STATIONARY ENGINES, Oil Well Tools , Fixtures, Working Barrels, Valves, Suekm Rods, Gum and Leather Belting, J Vew Bedford Drilling Cables, and General Assortment Rope, Packing Yarns, ?c., Ac. Also, the largest and most complete Stock of Fittings in this section of the country. Our facilities for Machine Work, style of finish, price, etc., are 6uch that w? defy competition in this line. OfiT We have recently added to our Blacksmith Shop a STEAM HAM MER, which enables us (on short notice) to fill all orders with promptness. . We solicit an examination of our stock before purchasfng elsewhere. M. J. O'BRIEN & BRO., Lock Box 10, VOLCANO, West Fa,. M. J. OBRIEN. M. J. O'BRIEN & BRO. AGENTS FOR WEST VA. FOR TITUSVILLE MANUFACTURING CO' MANUFACTURERS OF STEAM ENGINES, BOILERS, STEEL JARS, OIL WELL TOOLS, RIG IRONS, &C. TITUSVILLE, PENyaYLTA VtA. W. C. ALLISON & SONS. Junction Car Works and Flue Mill, 32 & WALNUT STS., PHILADELPHIA, PA. TUBING AND CASING. We call especial attention to Oil operators to our Patent Socket Tub' ing which is now being used by operator* throughout the country with great satisfaction. Best Manufacture of Well Fittings, etc., etc., M. J. O'BRIEN & BRO., Sole Agents for Ohio and West Va . JAMES M'CONAHY, ? * CO <U V 4 -> d ? Clocks and Musical Instruments. COURT ST. PARKERSBURG, W. VA R. J. A. Boreman, BOOKS, / STATIONERY, CHROMOS, * MUSIC j And Fancy Articles. CORNER CO VR T SQ CARE <C HAtcKET ST. ^ PARKERSBURG, west va.