Crawfordsville Weekly Journal, Crawfordsville, Montgomery County, 1 July 1869 — Page 4

THE JOURNAL.

T. H. B. McCAIN and J. T. TALBOT, Editors

Crawfordsville, Ind.- July

CHOPS AXD

•fclMKS, HAH1) AN 1

v.v:

EASV.

The following review of the money market, taken from the carefully edited

columns

of the Philadelphia

Ledger, ought to be thoroughly studied. We are now about to reap an enormous crop of wheat compromises as much as usual hay and oats rather more the price of bread directly, and the price of meats, indirectly, will be considerably cheapened, and the question is frequently and anxiously asked, What will be the effect of this great increase in agricultural products upon the general business of the country? The answer furnished in the article below is full of hope, and the reasons for the conclusions reached are clearly put:

The supply of money at bank is equal to the legitimate trade demand of their customers, which is lighter than it would be if trade was more active, and yet the amount of current sales duriug the spring and summer so far, have not been materially, if at all, short of what they were last year. The chief difficulty is, and has been, in milking collections in the interior

011

outstanding bills and this difficulis ascribed to the fact that those engaged in agriculture in the West have not as fully as usual realized on their last years crops. Wheat and other products of the soil fell off about 25 per cent, on the market prices of last fall, and owners and those who held, and some of whom still hold them in store under advances, are slow in conceding to the decline. From this cause money is more scarce in the interior, and old bills due Eastern merchants remain unpaid. This fact and the other conceded truth, that the expenses of living and carrying on business have greatly increased, account for much of the complaint among our business men that trade is unusually dull. The inquity, we think, fairly comes up now Is not the beginning of the end at hand Everybody who at all looks from causes to effects., must have discovered long ago that tie current scale of expenditures in living is not maintainable. As

110

individual, iuing however extravagantly in otheiv' e,yes, can himself see how and w.,ere to retrench, the old style engendered by ciieap money and the profligacy that grew up with the war, is continue'1, and will be continued until the necessity is forced on whole communities. And the farmers of the great West who have been unusually rich in cash means for several years, now, from excessive crops, or a more circumscribed market than they should have, are forced to lower prices for their products. Instead of narrowing their expenditures to their

The laborer cannot work for less wages while the cost of beef and bread, and butter, and coal, and other necessaries of life rule at the present enormously high prices, nor can the farmer, the coal operator, and other producers afford to sell lower while labor and the high prices of all that he is compelled to use in his family, in his shop, and on his farmT with accompanying hifh taxes, are kept up. The high figures on one side make them necessary on the other, and neither will willingly come down. But the present course of living cannot be continued always. There are indications that the compulsion through which the desired change must come is about being applied The large stock and low price of wheat out West may be the first step leading to the desired end. It is through some such means as these that the solid basis is to be reached from which a resumption of the spe cie payments, and a healthful busi ness is to come, and Senator Morton declares that within this administration a resumption of specie payments must be achieved.

It should not be forgotten that voluntary is as good as forced economy

TJXK IWIBLIC I.AN1DS.

Vast as is the public domain of the United States, in a very few years the whole of it. available as farming or

railway companies lias been carried I

loan extreme, and the upshot has

objector geuinsholdof the lands,'

rather than the raustruetion of roads S«°kw

CHANGE IS THE CABINET.

Adolph E. Borie has resigned his position of Secretary of the Navy, and the place has been accepted by Geo. W. Robeson, of New Jersey. Persons in and about Washington profess great surprise at this action of Mr. Borie, though it is remembered that he accepted the office with some reluctance in the first place. It is probable, moreover, that the attacks with which the newspapers, both Republican and Democratic, have pursued him on account of a supposed incompetency arising from the fact that he was "merely a merchant and business mail" have hastened the resignation.

Mr. Robeson, his successor, is a lawyer and thererefore, as it is reasoned, amply qualified for the duties of Secretary of the Navy. He is at present Attorney General of New

chano-ed "circumstances, payment of Jersey, unmarried, less than forty Eastern and other debts has been postponed, in the hope of an advance of grain prices, until they cannot well be postponed longer. Grain that is held in store under advances will have to be sold ere long, when the loss of holding over will be divided between the producers and their creditors. Those who can pay their debts will have to do so, and live the poorer on the smaller amount, and what they cannot pay their creditors will have to lose, and thus will gradually commence that lopping of expenses that will let the business of the country and the extravagance in living down to a more healthful basis.

years of age and a "gentleman of excellent judgment and quick capabilities."

THE Ohio Republican State Convention, held at Columbus, last week, nominated: For Governor, Rutherford B. Hayes, of Cincinnati Lieut. Governor, John C. Lee, of Tiffin Treasurer, Sidney S. Warner, of Huntington Justice of Supreme Court, Luther day of Ravenna: Attorney General, Francis B. Pond, of McConnelsville Board of Public Works, Richard R. Porter, of Stark county. These nominees, except the last two named, are present incumbents of their respective offices. The Convention adopted as its third resolution the following:

"That the abolition of slavery was a natural and necessary consequence of the war of the rebellion, and that the reconstruction measures of Congress w*re measures well adapted to effect the reconstruction of the Southern States and secure the blessings of liberty and a free Government, and as a completion of those measures, and finally, believing in its essential justice, we are in favor of the ratification of the Fifteenth Amendment to the Constitution of the United States."

THE Great Eastern is steadily pay ing out the new Atlantic cable. Some small interuptions in signals and

consequent

Tim State Debt Sinking Fund Commissioners upon examination find that they are able to redeem about 08OO,OO(» of the principal of the Indi

mineral land, will have been taken up. ana live per cent, stocks at the office if the present system of large grants for railroad and other purposes is persisted in. :This domain belongs

of the agent of the State, in New ork city, on the first of July. The amount to ]tavthe semi-annual interest on the

to the people, and so much as remains State debt has also been transmitted of it ought to be reserved tor actual to New York. This will leave about settlers. sThe result of the present $.1,000,000 of the live per cent. State system "will be pernicious, creating stocks still unpaid, which, with the great monopolies, and putting into war loan bonds still out, makes the the hands of a few men the means of Slate debt about $1,800,000. Fivel almost illimitable wealth. The policy years ago the debt was fully $7,000,of granting right of way and lands to

000.

A

KECICNT

little

been the organization of corporations ^le 101111.) huj office, and the suvvevmsf of routes, with the

llie

degrees.^

uonpleasantness

JosErii

detentions have oc­

curred, but otherwise the expedition has been a success. Six hundred and thirty-five knots had been laid up to Saturday.

in

1

ol'

Stokes

has re8ulteJ in 1,10

ruling Senter

has grown to be an enormous abuse, ishes^attemlhiirr^^

These compauies keep in Washington, during the session of Congress, their agents and paid lobbyists, to labor with Senators aud Representatives for their special interests, and were it possible to get at the corruption thus engendered, it would be the greatest sensation of the day. But is it not time to call a halt If any portion of tue public lands is to be preserved, for settlement at the government prices, there must be a general protest against such disposition of them by Congress. The people cannot take up this matter a moment too soon, and act upon it in their political conventions, by resolution and by peti tion.

a"a Scntcr'.

°"sti"S

e(,itor-

to satisfy it public want or a commor ihomas II. 1 eaine. the icniainingl cial necessity. The whole business!""'1

of thcl

of wll0m tUo

Ee«'rend

editor, says: "Our

THE Pennsylvania Republican Convention was held at Philadelphia, Wednesday. Gov. Geary was renominated on the first ballot, receiving 122 votes out of 132. The rest I were scattering Judge Williams' was renominated for the Supreme Court on the first ballot.

Bern Houses of the New Hampshire Legislature have passed a bill making it unlawful for first cousins to marry. In order not to break up any matrimonial engagements that! might now be existing, the act willl not be enforced until six months! after its passage.

COLFAX is Doctor Colfax henceforth,! the college at Hillsdale, Midi., hav-| ing honored him with that degree.! The Vice President is, however, one! of those who don't grow great by|

F. COOK, colored, brother|

of the recently elected Register ol Washington City, has been appointed! to a first-class clerkship in the Internal Revenue Office.

The Agricultural Department report! for May and June shows a high aver-J age condition of

Avheat,andgood

pros­

pects of an abundant crop if no casualties occur before or after harvest.| Rye, barley and other grains are generaly in fine condition. The largest! increase is in barley, and in States! west of the Mississippi.

The Wyoming Territorial seal con-l sists of an elk's head, a shield, a train! of cars, agricultural implements, andl the words "Let us have Peace." The| shield is nearly th: inches broad,

The woman cause has achieved a| victory in Boston, where Miss Emily! Judson Harris has been chosen to I read the Declaration of Independence| at the Fourth of July celebration.

George Francis Train says Colfax! can take a pail of dough and divide! it more equally among one hundred! chickens than any other man in the| United States.

N. P. Willis' well known "Idlewild,'! on the Hudson, has been purchased! by Thomas George, of NewburgJ New York, for 035,000.

The request of the Cincinnati! editor was very reasonable. He said,| "Lend me your ear," and took itwith his teeth.—Boston Post.

Carlyle opened one of his essays! with "We are twenty-seven millions! on these British Islands, mostly| fools."

The Declaration of Independence! was signed on Sunday. The ninety-1 third anniversary occurs on the samel day.

Lamartine's tomb is daily strewnI with flowers, sent from all parts ofj France.

LEGAL NOTICES.

OTICE is hereby given, that, whereas my wife, Catherine Barton, has left my bed and board without cause or provocation, I forewarn all persons against assist-1 ing or harboring the said Catharine Barton I at my expense, as I shall pay no debts con-l tracted on her account after this date.

WILLIAM BARTON.

June243w Crawfordsville, Ind.

ALL

persons indebted to the estate of thel late Jacob Deane, deceased, either by I note or book account, are requested to calll and settle with the undersigned. By an| early attention to this notice, parties will| save costs, as the estate must ne settled! forthwith. JOHN NIVKN, I jun!7tf Administratar.l

Ggiven

UARDIAN'S BALE.—NoticeTTTiere!)^ that tlie undersigned guardian of the persons and property of Araminta StodI dard and America Montgomery, minor heirs at law of Harvey II. Montgomery, deceased, in accordance" with a decree of the

Court of Common Pleas of Montgomery county, Indiana, at the May term thereof, in the year 1869, will, on and after the 17th day of July, 18(39, sell at private sale, for not less than the appraised value, the following lands situate in said countv, to wit: The undivided two-thirds part of the east halt of the northeast quarter of section twen-ty-four, town twenty, and range five west, also the undivided two-thirds part of the southeast quarter of the southeast quarter of section thirteen, town twenty, range five west, on the following terms: one-third purchase money in hand, one-third in nine months and the residue in eighteen months, notes to have interest from date, waiving I relief from valuation and appraisement laws, and secured by mortgage on the premises.

The undersigned, as the widow of decedent and owner of the undivided one-tbird of said premises, will sell her interestatthe same time to the purchaser of the two-thirds interest, on the same terms as above. There is a good farm on said premises with comfortable buildings, situate on the Crawfordsville and LaFayette plank road and is a very desirable residence and fertile farm, about two miles southwest of Linden. For particulars inquire of the undersigned in Linden. MELINDA MONTGOMERY. jun-24w4

RECEIPTS AND EXPENDITURES. Annual Beport.

THE

Bo*rd of County Commissioners of Montgomery county. Indiana, at their June session for the year 1869. runke the following report of the Receiptsand Expenditures of snid County. for the year beginning June 1, 1808. and ending May 31,1809, both days inclusive, to-wit:

RECEIPTS.

Amount in Trensury May 31, 1869 824.493 26 Principal of Com. S.Fund 1,072 50 Fines 40 75 Prin. of Cung'l S. Fund 1.27475 School Tax I'or 1868 16,624 37 Liquor License 750 00 Int. of Com. S. Fund 1.230 05 Int. of Cong'l S. F^nd 1.402 08 Show License 50 00 Road Revenues 10.9i3 76 Township Revenues 3.23^25' Special school Revenuo 16,194 87 Special School Tuition Revenue 3.255 67 Dog Revonue 2,152 39 Road Damaie3 220 00 Darlington Bridge 350 00 Redemption of Lands sold for Taxes... 163 no County Revenue 51,387 89

Tota. Receipts S 134.824 19 Am't Warrents Redeemed byTreas.. 118,027 84

Bal. in Troasury May 31, 1869 $ 16,796 3S EXPENDITURES. Warrants drawn on Treasurer, to-wit: For Loans of C.«m. S. Fund $ 1.050 00

Cong'l S. P08 75

School Fund Tax. License A Int.. 18.846 79 Cong'l H, Fund Interest 1301 35 Mont. Co, Ag'l Society show license 50 00 Road Rnvcnuo disbursed 10,0237s Township 3.138 25 Special School 16,194 87 Spec. School Tuition Rev. ... 3.255 67 Dog Revenue 2,15-2 39 Judge of Com. Pleas Court 692 40 Redemp. of Land sold for tax 162 45 Expense of Insane .i 445 45 Returning Fines 6 00 Relief to Soldiers Families 1.270 00 County Officers 6,25158 Expense of Co. Asylum 2,230 47 Supt. of County Asylum 800 96 Spcifice Allowance.... 372 87 Roads & Highways 246 40 Expense of Criminals 7ti5 15 Expense of Elections. 380 as Expense of Registry of Voters.... 499 55 Books and Stationary 1.7 3 26 Public Building's 34753 Fuel. Lights Ac 636 79 Coroners Inquest 66 60 Public Printing 595 85 Expense of the Poor 2,617 74 Court Allowance. Jurors Fees Road Damages Attorneys fcees._. Protection of Bridges-•• Township Assesors District Pros. Attorney.

2.1 IS 24 1,716 71 390 00 100 00 1.465 78 1,365 00 45 15

$85 228 92

Am'tout-sUnding at last report 51.211 02

5 136,439 94

Am't of warrants rodeemed by Treasuer during the year 8118 027 84

Am't out-standing war. May 31,1869.. $18,412 10 Consisting of the following funds to-wit. Township Revenuos $17,108 28 County Revenue proper 1,303 82

DAVID LONG, SAMUEL GILLELAND, Commissioners. THOMAS J. WILSON,

ISAAC M. VANCE. Auditor M. C.

LECAL NOTICES.

O I'ATK OF INDIANA, SS., Montgomery 0 county, Montgomery Circuit Court, September Term, 1869. Sarah J. Wolfe vs. George Rice, Complaint.

Be it remembered. That 011 the 28th day of June, A.D., 18G9, the plaintiff, by John M. Butler, her attorney, produced and filed in the Clerk's oflice of said Court her complaint, affidavit for attachment, bond and also the affidavit of a disinterested person, setting forth that the defendant is a 1-on-resident of the State of Indiana: Now, therefore, notice of the filing and pendency of this action is hereby given the defendant, George Rice, that he may be and appear before the Judge of the Circuit Court on the first day of the next term, to be held at the Court House in Crawfordsville. on the 6th day of September, A.D. 1869, then and there to answer said petition. Witness my hand and the seal of said Court rsEAL] the 28th day of September, 1869.

WM. K. WALLACE. Clerk.

ME

to the Stone Front for all kinds of Printing.