Evansville Journal, Volume 18, Evansville, Vanderburgh County, 12 November 1867 — Page 2

THE EVANSVn-LS !

1867.

Foreign C rrespoi:deuce Bjston Journal. AMEUICAX BOXBS ABROAD.

Eurclliating Ffisltion or the United btates. London, Oct. 23, 1867. To the Editor of the Bost&n Journal: The United States 5-20 bonds, which not long since stood at 73, arc down to 03 the effect of the " repudiation " taik of the Democrats and General Butler. A further effect will le to throw hack upon America a portion of the bonds now held abroad. The correspondents of the London press ia the United States are makin the n:o.-t of the talk about repudiation, and I constantly meet men who believe that the bonds will all be paid in currency. The Standard, which is conservative, and which has a large circulation, loses no occasion to inform its readers that the United States wiiljje faithless to all its promises; that it will never pay its debt; that the prospect is for another civil war, which wi.'l rage at tae JNorta well 3 the South. The tone of all the papers, with the exception of those .who were with the North during the war, is in the san e direction; assertions th:it the country will pay jts obligations ia depreciated currency. Singular, the consistency of these journals ! they hail with joy every success of the party which talks most of repu liation ! " The recent success of the .Democrats," says the Times, " is a sign that the country is returning to reason." Thep Tory press are rejoicing over the election in Pennsylvania and Ohio just as they rejoiced over Fredericksburg and Chickamuga. They wish for the success of the Democratic party just as they wished for the success of the rebels. They would rejoice to Lear that Mr. Johnson had resolved to resort to" force against Congress. They desire to delay as long as possible the reconstruction of the Union. They are determined to do what they can to keep American stocks depressed in the world's market. , . The confidence of the commercial and trading class in the future of the United States is best seen by a comparison of the market price of the bonds of different countries. The debt of the United States in round numbers is twenty-five hundred millions a new country with a vitality such as no other nation enjoys population increasing faster than any other unlimited resources paying off her debt at . a rate which will extinguish it during the present century, and yet the six per cent, bonds are down to sixty-eight. Turn now to llussia, which has a population for the most part barbaric, a standing army in time of peace of 800,000, iu time of war 1,400,000 resources of the country undeveloped few railroads slow progress in art and industry a debt of $7000,000.000 (round numbers), bills of credit $7;0,000,000 a bank note circulation of 000,000,000, with only &30,000,000 iu specie a yearly deficit in carrying on the Government of $30,000..000, which js paid by new loans, and yet the five per cent, bonds stand at 861 There never is any clear statement of the working of the Russian Treasury, its actual condition, of expense and receipts, aad all that is known is the official budget of estimates. The English bondholders "go it blind," yet they put 5 per cent, Russian bonds 16 per cent, above the best American 6 per cents! lake Turkey" the played out Empire " the " sick man " so nearly gone that all Europe is ready to administer on his estate. The empire has a mixed population of Musselmans, Greeks, Armenians, Catholics, Jews and all sorts a heterogenous mass numbering 35,000,000, about the same as the United States semi-civilized, igoorant, degraded 200 miles of railroad only opened in the empire a standing array in time of peace of 170,001! a foreign debt of $200,000,000 a home debt of unknown magnitude a yearly deficit in the treasury new loans wanted all the time the resources of the country swallowed up in imperial palaces and yet the Turkish t per cent bonds of 1854 stand at 84, and thX; loan of 13b'2, amounting to $i0,000,0(X) bearing 6 r?r cent interot, is at (2! Look at Kfypt, with a population of Eve million, a gtundiug army of x4,00 man, a navy of 47 armed vesItU, seven of theia ships of the line tenty-3vea tran: pom in addition t. foreign debt ot $70,000,000 new loins called for and yet Egyptian 9 jer cent, bonds stand atSGIcrin other words the prcuiises of L-mail Pasha to pay his ccns-tr.ntly accumulating debts arcs as good ia the estimation ot the Ef.gissh &3 those of the people of the Utiited Stat-! Peru has a population of about three millions, a foreign debt of more than 100,000,000, she keeps up a 6t;:iicir.g arn.y of 10,000, her total receipts per auaum. are but 21,000,000; and her expenses about the saiue, throi--touths of the revenue is derived from the sale of guano, which is rapidly disappearing, and yet her 5 per cent, bonds are quoted at CD one per tent, higher than those of the six per cents of the United State-, while the Peruvian six per cents are quoted at 85 ! Of American bonds, Massaehusi t s stand highest, r.nd are quoted at 8' a trifle better thau those of the South American States. But the premise to pay of that population of Spaniards, Indians aad half breeds, without railroads, manufactures, schools, arts and industry, deriving threefourths of their revenue from guano, which will ere loDg yield no revenue.

are ou a par with the best bonds of such a State as Massachusetts! 1 have not entered into an account cf the security attached to the bonds of the various countries, nor the precise manner in which they are to be paid, for it will be plain to all your readers that there cannot be any security better than that given by the Government of the United States and the State of Massachusetts. Why is it then that American bonds are at so low a figure? Is it in part because the English people are sadly ignorant in regard to the resources of the United States: in part also because they fear the country is not going to be pacified just yet that there are troubles ahead : in part because they desire to retard the advancement of the great republic which they at one

time expected would be broken up: Not long since I met a gentlemen who frankly avowed that his sympathies were with the South duriag the v.ar. " Why was it, sir, that you, an Englishman, a lover of liberty, sided with slavery in that struggle?" " W ell, sir, because the South was the weaker party, and it is natural for an Englishman to take sides with the weak against the strong, and besides that, we over here thought that you were getting too big." " I suppose, that you have not altered your opinion on the last point." No, sir, and England made a great mistake in not recognizing the South.:' He was a tradesman, and was a fair representative of many of that class. Do not let me be understood as saying that the majority of the people are of that way of thinking. The bone and muscle of England are with the North, and there are thousands who once sided with the South would look upon any fresh outbreak as a great calamity; but the men who manipulate the Stock Exchange are at heart hostile to the United States, and are determined to do all damage possible to American finances. Engl: nd las faith in all her colonics, but she oannot trust the peop'e of the United States. Canadian C per cent, bonds are up to 103. "iour readers are well informed as. to the resources and expectations of that country. Cape of Good Hope, with a population of 270,000, ot whom only 102,000 are white, the rest Hottentots and Kaffers, with a debt of $40,000,000, accumulated mainly since 1350, with a deficit last year of 230,000, has a splendid credit at the London Exchange. Its bonds range from 103 to 10718 per cent, tetter than those of Massachusetts ! Ceylon has a population of 2,790,000, all but 15,000 of whom are natives. The Governor of the island receives a salary of $35,000 per annum, the Secretary $10,000. Ordinarily the revenue has been equal to the expenses, but since 18G4 there has been a deficit. The bonded debt of tho Colony is $7,500,000. yet the 6 per cent, bonds payable in 1882, are quoted a 112 forty-four per cent, better than the U. S. 5 -20s! New Zeland had a population in 18(14 of 172,000. The bonded debt in 1804 was nearlv $19,000,000; in addition there was $7,250,000 debentures afloat, besides $15,000,000 of unfunded debt a total of moro than $42,000,000 of indebtedness. The expense in 1S'j4 exceeded the revenue by $1,200,000- since then the debt has been largely increased, yet New Zeland 5 per cents, are quoted at &5 and the 6 per cents., payable in 1891, at 107! Poor old Massachusetts! her credit stands higher than that of any other American State, but is 18 per cent, lower than New Zeland! Still poorer is the credit of the United btr.tes 39 per cent, lower down the SC::le! Is it because the stock jobbers of England believe that America is f oorer than llussia, Turkey, Egypt; 'tru and New Zealand, that there is this difference? Is it because there is well iounded distrust of the integrity o!' tlse Uoite J States? We must look farther. We shall find the cause of this difference in the determinatic : . f these John Bulls to keep ths U: .toi States snubbed as long as possible, lleuter's telegrams always g:v the . worst possible constriction of Acieriean affairs; so do the correspondents and cditor3, with iV.? honorr.ble exceptions. Money is be,j ging in London at 1J per ce;it. ; but 6 per cent, iurerest, with bDiids at cS, is no temptation to Englishmen, who hold about one-fourth of the United StiO.es bonds abroad. I have drawn these contrasts that the attention of the people might be aroused and a remedy devised. Undoubtedly it would be a blessed thing for the United States if eTery boni on this side of the water was sent home. That we may not lock for. The Germans have taken American bonda for investment, while English, holders have them for a football. If the Secretary of the Treasury had authority to enter the market as purchaser not purchasing at homo but abroad he could easily swe -p the.' Londoa Exchange'-and the Frankfort Bourse clear of all floating stock, and then h:ive a plenty of gold in the treasury to meet current wants. Englishmen would soon be inquiring as to what had become of their football. Is it not a universal fact that men esnmate tae vaiue ot an !

urucie oy- ns scarcity f Let the bonds go ihorr.e then the more the better. Send them all home, and we shall save 30,0' X),000 per annum in gold, now -needed to pay the interest on the $500,000,000 held abroad. Let Congress adopt "a vigorous financial policy one of emancipation from the M O Y vl ,LY

' present rh-r 'I

StOCkjO:. I : . placed th : V neath their '( Russia, Turk their ppecdtJ a cheek that, J- t dignafi'". at pk-:: ' tion? To , rn. :i- a knowledge our ih'.v.;. . are imperatively ccu.a., ' . . gress a removal of all .. regard to the future p.i; i ieai bonds, whether iu gold or .. and a policy which at k-tst Lai' the bonds as desirable a - thy ".o bankrupt governments of Jju . r-0. Carle TON. Th3 Xcst Gove:aor. As the time is fast approaching when candidates for Governor and other State officers will be put ia the field to be voted for at the next general election, and it is important to make such selection from those who are aspiring for the republican nominations as are most available and who are the best qualified for the positions, we deem it not improper or presumptuous to express our preferences. We do not think that any man can have binding claims upon the Republican party, but we do hold that the Republican party is bound to select as its standard bearers tried and true men; men who are known to possess most pre-eminently the necessary qualifications for the stations to which they aspire. For Governor,oeveral distinguished names have been proposed, and as far as we know any of them would fill that position with ability and acceptance. The names of Governor Conrad Baker, Colonel Will Cainback, General Washburne, and Hon. Schuyler Colfax, we have heard mentioned in this connection; but the contest seems to be almost entirely between the first two named. As regards Mr. Colfax, we do not think that gentleman desires, or would accept the nomination. He will certainly be a candidate either for the first office in the gift of the American people, or for representative in Congress from the,E!eventk District. Our decided preference and we believe we but express the sentiments of a large mcjerity of the Republican 6 arty in Northern Indiana is for overnor Conrad Baker, the present able incumbent. He wc the candidate for Ljeutensnt Governor in 18G4, and received the second largest vote cast fcr any Republican candidate, Governor Morton receiving the largest. Governor Morton being elected to the United States Senate last Winter, Colonel Baker was sworn in as Governor, which position he has filled to the undivided satisfaction of the people, not even his political opponents disapproving of any of his official acts. He possesses superior abilities, as his political speeches fully show, maDy of them having been copied in the first papers of the nation, and received the most complimentary notices. His positions are always supported by the strongest and most honest arguments which his opponents dare not attack. He possesses in an eminent degree, rigid industry and integrity qualities so commendable in public men, but which a;3 indeed ioo rare. Ncr did he leave his indcstiy at homo when he cams to Indianapolis, but re are reliably informed thr.t he works assiduously in the performance of his official duties, doing the work himself, seeing that it is done right. Being scrupulously henest, corruption in his administration is entirely unknown. Governor Eaker also possesses a private character which is above reproach, and is strictly a Christian gentleman, being a consistent member of the Presbyterian Church. He is in every way a model statesman, having the ability, character and experience. And if he is nominated for Governor, his name will be a tower of strength among those who desire faithful public officer, and who wish to reward unselfish right doing. MoidiccUo Herald. 'otctcf 1? :OOS Choi 33 M'ia-j .?ct-r,t333 " For sat? cheap fcr cash, -whole-j-ale cr rcls.il, t tlnj CJ&irir iT-:L'y:zj s errors iiJ, Between Main and Locust. AlsGhoioz T imilj Flour, Frsli Bollsu Corn-Heal, .... i.nd.11 Mads of Feed, Kepi constantly on hand. All orders delivered promptly, free of cliargs. T. W. MURK iY. nov6 dtf , (Formerly of Kratz & Ileilman, "City - - - .Foundry,") Sdl'THWESl'ERX - AG2I0ULTURAL IMPLEMENT, UXML 3ACKISKBY DEPOT, and ?J :i5 !i f;i-1 ; r its-' Agency, FIRST STKK:-:t, I.etween Elm and Fine, Opposite the Ee-irwvtlle Cotton Mills, EVANSVIIiLE, Isd. N.B. Ali :r.p.c;i:BPry soid will be repaired at lUe shorlo&L coiice. Foundry and Machine Works, Corner and Second Streets. Manufacturer of Hand (double) and Power CORX-eSHELLERS; and Shelters rer-p.iret1. PUMPS of nil descriptions for sale, and pat up, if desired, in any part of our city, novo asm ; '" ' '

I)!' livii, VER.

1 5 ( f . ' - - . Csijifji'e? -an-A .ii ucr. Shop on W'ALNVrf L-TIIKKI', bet. Sixth axid SfcVfciii U, Evaxsvixle, Isd. Prompt attention given to p.il wors entrusted to my care maylo d.?ro JAMES SWASSOX & SON, Wholesale and Retail Dealers in SMnglas, Latii, Doors, and Sash. Also, a lare assortment of Allegheny, Chicago, and Toledo Lumber andFloorinsr, uressed and Undressed, on hand and for sale. Extra Sawed awl Shaved Pine Shingles, eighteen inches long. We respectfully solicit the citizens of Evaiisviiie to give us a call and examine our btocfc before purchasing elsewhere. Yaed ox Wateb Street, (Opposite Lamasco Wharf), Kvansvill All orders promptly attended to. may23 dfim New Steam Sash, Door, and Blind Factory. JL formed a copartnership under the Grin name of McCORKLE & STRONG plete and well-furnished establishment for Saali, Ioors, Blinds, Brackets, etc. , . and every other variety of Wood Worfc used in Carpentry. A liberal patronage is solicited. Factory oa the corner of Walnut and Eighth Streets, JKvansviUe, Ind. JOHN S. McCORKLE. E. P. STROJSU. uu20 dly Stash, Doors, Lumber, &c. Hunnal & Sons, Manufacturers of Sash, Doors, Blinds, Frames, &c; Also, Dealers in MICHIGAN PIJSTE LUMBER. Keep constantly on hand Lumber of every description, Pine and Poplar Flooring, Weatherboarding, Shinsles, Iath, &c. Sawing of every description done to order. Orders from abroad will be promptly attended to. Factory and Yard, Corner Watek Street and Canai., July20 Evansville. Indiana. STEE1-E &, Tit If JI.r, Second Street, between Chestnut and Cherry, Evansville, Indiana. Sash, Doors, Win oow Blinds, Dressed LrrsiewR, Boap.es, Lath, Ac., of every description constantly ou hand. Packing Boxes of all kinds made to order. Saving of eery kind done on the shortest notice. July 20 iy MACHINISTS. WILLIAM HEELMAN (Sncce&sor to Krat z & MeiUa MatmfactuiT-r Bulkier of I'OItTABJLS AND 8TJi.TIOXJ2ir mm&S A2!D BOJi SAW AND GKIST MILL MACHINERY, Threshing Each-lacs, v.oUina itssfA Tafeacou Presses CIRCULAR SA W HILLS,, EVAN3VILLE, 1HTS. ' sheet Iron and Copper Work aiftds t'cr.'.er on short notice. ZeOiV A?TZ BRA.X3 CASTISGH of every det-cription. Dealers in Stbain Ganges, Oum Beltilg Fire Bricks, Wrought Iron Pipus, Boitia Clotha, &c, at manufacturers' prices.

REPAIRING done at shorOiotice. j Ill Ci : ' J '. i r ' : : ; '

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IARDWARE.

C i.O. S. SONNTAG & CO., DEALERS IX Vises, Sellowfe; Hand and Pledge Hauimcn , Horse Shoes Horse Nails, Stocks aiul Dies, Butchers' Files, Coil Chain, Leather Belting, Ko. 29 FIEST TEEET, febl9 ;EVANSVILLE, IND. SAMUEL ORR DEALER IX Bar and Slieet TINPLATE, WIRE, ZINC, SPRINGS, AXLES, &c, Horse and Mule Shoes, Tinners' and Flacksmlths' Tools, Wagon and Buggj Woodwork WATEK STREET, Janl dly . EVANSYILLE, l3fD. Wlieeliiijj' , Iron Works. -ACHES0N, BELL & CO, Manufacturers and Dealer in all kinds o BAR IXIO.V AXH XA1I.S, Hoop, Sheet, Plate, Tank Iron, Nail Rod, Wire, &c. Office and Warehouse 13 MAIN STREET -nov36 dly WfllKLISfi, W. Va. M. I. .Well Hon, Importers and Dealers in CUTIiERY, Farmers' and Sleehanics' Tools, BUILDERS' HARDWARE, CIECUIAS AND CS0SS-CUT SAWS, FairSjmIt's Scales, No. 31 SXAXIvr ST., au EVANSVILLE, IND. DR I HAAS Over First National Bank, earner Ks,i3 w Hrst Zlrzeii, ; Evansville, Inc., ISA ous Oam Work, Gold Silver, Volcaulte.Coralite, and Amber Plates, Curved Work, Artificial Palates, u. ADMINISTRATOR of Nitrons Oxide (an excellent and safe an8estiijtic). Chloroform, Ether, and alao severai local piiralyzers. NEURALGIC Affections treated. MY FACILITIES are as go..d and my establishment as large (consisting cf fivb roonui) mm any In ttfe United avUsa. I RETURN' MY THANKS for the extensive pai ronasje received dnrinj; the punt EIOHT YEAW. ; mcUJ DR. J. C EISRB0WIS, Surgeon Dentist, Office, No. JO FI11ST STREET, bet Main and Locnst; . -. . : Tenders his professional services to the citizens of Evansville and vicinity ffe2" tf Auxniniiiters Nitrous Oxide Gas ;to alleviate pain in extracting teeth. WM. C. TUENOCZ & GO., BEASS POUIJDSRS, Gas and' Steam Pip8 Fitters, Corner Pine and First Streets. ' . Cash paid for old Copper and Brass. Dealers in all kinds of Brass Cocks Whistles, and Steam Gauges. Particular attention paid to repairing and adjusting Steam Gauges JuoeS tf

DRYGOOE3. DRY GOODS,

:fajli tS, AT THE MAJI3IOTII HOUSE OF HUDSPETH, AMHS &, C0n 63 Main Street WE SOW OTFF.lt TO THE I'CBHe a li.race and well-selected stock ot Fali aad Winter Drv Uoods. Having bought new goods recently, and se!!ing all our jpods at prices oniy justified bv present low prices East, we respectfully request the public to call and see our stock In Dress Goods. All the newest shades in French and Irish Popiins, French jierinos, Empress Cloths, Winsevs, Melange, Scotch Plaids, and All-Wool Delaines. Our stock in Woolen Goods is the largest in the city. In Cloths of all colors, Cassimeres. Sa'inets, Tweeds, Jeans, and Flannels, we are able to offer to customers inducements no o;her house in the city can. Our stock of Notions is large, comprising everything expected to be found. We have a large stock of Knit Goods, Shirts and Drawers. Hoods and Nubias, Shawls and Hoop-Skirls, Blankets, &c. lomesiie Goods. We have now in stock, in Bleached and Brown Muslins, Cantou F.annels, Prints, Checks, and Hickory stripes, goods of the best brands produced in this country. The house that will &ell goods at marked value is HUDSPETH. ADAMS & CO., 63 Main Street. OC24 SCHAPKER, BUSSING & CO., Wholesale and Retail DEALERS, 47 and 40 'tain St., Evansvtilo, Iml., Now offer to the public a larger and better stock of Fall and Winter Dry Goods Than can be found In any ONE ESTAB LISHMENT in the v estern Country, viz. : Domestic Department, Under the charsre of A. Vesxejias, tun now be had the bet and most popular makes of Calicoes, Brown and Bleached Muslins. Rheetinzs. Pillow Case Muslins. Checks, Tickings, Hickory Stripes, &c. anu always at, me lowest, marKei price. Bress Gooils Department, Under the special charge of Prof. Gostav Mathias and Jos. Uofaxijick. is now stocked with Novelties of the Season, at from 2 to 100 a pattern, and in which any and everybody can be suited. White Goods Department, In charge of J. E. Dutchek, Is being daily replenished, and the assortment, is now complete consisting of Swis-s, Jaconets. Table Linens and Cloths, Stand and Table Covers, Towels, Napkins, Handkerchiefs. Embroideries, Ivlirinirs Lnce (both real and imitation). Embroidered and Lace Curtains, and charminn beauties in Bed spreads, Ac. Notions Department. This stock, in charge of A. Lansing, is very complete, from a paper of Pins to a Sair of Alexander's Kid Giovos, or a Brass utton to a Paper Collar. But the most attractive is the celebrated Billow's l.inen Finished and "Star of the West" Glazed Paper Collars, at 25 cents a box the most durable, best fitting, and cheapest Collar in America. Woolen Department, Under the superintendence of Jos. Goelzhauskk, is well assorted, and those in search of Cloths, Cassimeres, Doeskins, Beavers. JeanH, or anything for Men's or Boys' Wear, would do well to examine this stock before purchasing elsewhere, and save money. Also, Flannels in all wool, part cotton, and silk and wool. Shawls antl Cloaks . In endless variety. Hoop Skirts At a great reduction in prices. Retail Millinery Department, Superintended by Misses Eliza Bkllam and Bahkaka Gekhaiidt, Is the most complete ia the West, and new roods are daily arriving iu every novelty that the heart can wish and the eye de.dre. We most' respectfully call the attention of the public to the fact that we make no ridiculous pretension of "selling beiow co:t," "cheaper thau btjfore th war," or "cheaper than siybody in the world ; " neither do we -.n-ii lliree Hjx.ois of Coats' Thread for 26 coat s for the purpo-e of eutioins; trade, and then .-h:irg it up m goods In which thev are not. i...v-tr ;i. We sell at the ONE l-JHOE Si' i rx-.r, and (Utuuji as chefcp r. s I he cheapest , and as low astbe market will afford, and warrant all goods as represented. The Si It iraen i always be found acconimodatin and rwidy to show goods, wijether a sale is made or not. flt'EAPEEB, liUSSIXG & CO., Wholesale ar.tl Retail Dealers,' 47 and 43 Haia St, E vansYillo, Ini Oc2i . G. MAGHEE '& CO., Crauville, Indiana, WBOLEaALl BEALHia Ef ! , STiPIE AND FA5CY. ERY . GOODS, BESIEE TO 'AM THE ATTEXtioa of the trade to their large and varied assortment ot seasonable goods, which tli ey have just received, and are offering at great bargains. GRAIN BAGS. 2,i2J, andi-1 bushel Seamless Bags on hand and for sale by G. MAGHEE & CO. 3,000.-.. Four bushel Durlap Eas just received and for sale by a. MAGHEE & CO. . : : ,V.4, Tards Eurlapn jnjf received and for sale by 1 aug26dtf G. MAGHEE fc CO.

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