Indianapolis Daily Herald, Indianapolis, Marion County, 9 September 1867 — Page 2
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The Boston ^dror«*er,one of the meet sub. stentie) end reliable papers published In New England, has given to the pnblle heerlesof conversations hnd by tu reporter With leading radicals upon public topics, and among them l« one giving CNeeval BcTi.F.n's views on the iniifirniii innnnis The pollUoal statae of Qeneral BtTTunt can not be questioned. During
thalastpolitical canvass In this State he was! dred,’’ j-k # A one of tho champions of tho radfeal party, and PwiflFl^ ■ V#R nomwwf M Cl kM
dovoted his ability and influence to Its suocsss. In Congress he Is a leader of the ultra radical wing * lbs Republican majority, and foremost in advocating the Impeachment and deposition of Me President. A convert from the extreme wing of the old State Rights party, not a member of the party with which he Is now Identified Is more intense In hie hatred of tbe Democracy, not even O. P. Morvrotf, than lloncral Botlkr. Tbe ether day the Journal, in referring to the position of tho Democratic newspapers and convsnttons upon tho public debt question, remarked: “Nine-tentha ef them, If not a larger proportion, either pronounce In favor of square repudiation, or tho more calamitous and.dishonest alternative of ruining the indnstrlal interests of the country, and at tho same time plundering public creditors, suggested by Mr. Pendleton, and warmly supported by every rebel In tho Northern States." - We ask the Journal what difference there Is In the positions of General Rutlku and Mr. I’KNnY.KTON upon what it terms repudiation, or plundering the public creditors, and which it so bitterly denounces. Poes not the former go .lust as far ns Mr. I’k.vplkton In tbe proposition to pay the public debt in tbe currency which the Government received from Us creditors y The fact Is, tho proposition topay the public debt as ft fall* 6 iccuotfCKS, or iw-i fciuicr notes, was first suggested by a radical, whose radicalism has often been eulogli’d by the Journal, and who Is tho acknowledged loader of tho radical party In tho (lulled States House of Representatives. The following extract from a running debate which occurred in the House, in .fane, 1WI, when the various loan acts were passed, will show where the proposition, which the Journal calls “ plundering the public creditors," llrst originated: Mr. SPALDING- I desire to ask tho gentleman if In bis judgment the principal of the $'i0o,0(H),000 of Mvo-twonty bonds is payable in
gold.
Mr. 8TKVKN8—It is just ns clear as anything is dear that tbe Interest Is payable in gold, but tbe principal inlawful money. Mr. SPALDING—I ask the gentleman if he knows whether this Is tho opinion of the bead of the Treasury Department. Mr. STEVENS- Well, sir, I have not consuited him. I know that a yrcat many legal gentlemen of distinction agree with mein the 'opinion 1 express. I suppose I should bow to tiie opinion of the Secretary of tho Treasury on the subject it I had it and It was right, but I
have not.
Mr, I’RpYN—I would like, with the permission of tbe gentleman from PentwtTVanla, to a-k the gentleman from Ohio (Mr. Spalding , whether he has any Information that the Secretary of the Treasury has decided that the principal of the live-twenty bon'Is was payable in gold. Mr. SPALDING—If I may bo permitted to reply to the gentleman from NoW York, I will h iy that I have this morning teamed Irom tbe Secretary of the Treasury that in his opinion the principal of the five-twenty bonds is payable in gold. Mr. STEVENS—TAen, sir, hit opinion is entirely different, from the law. These bonds are made payablo in money by tho express terms of the law, and if legal tender notes are money then they are payable in that. But, sir, if both principal and interest are payable in gold, then the dilllcultlos in which the Government U buooming involved is all the more aggravated, Mr. WILSON—Was not the statement made now by too gentleman from Pennsylvania based upon the payment of those five-twenties
in gold?
Mr. STEVENS—Upon the payment of tho interest in gold. There is no doubt that the interest is payable in gold. Mr. WILSON—f speak of tbe principal. 1 understood tho gentleman to say that there were now about eight hundred million dollars of the public debt payable in gold. Air. STEVEN’S—No. sir; tbe interest is payable in gold, / say that no man who is a law-yer-and / covld not say thafthe Heeretary of the Treasury is not a lavfye —who wil carefully read the law can possibly come to any other conclusion than that the principal of these Jive-twenty bonds is payable in currency, The law my* expreteiy that the interest is payable in coin and that tbo principal Is payable in money. The difference In tho terms employed Is as distinct and definite as If It bad been, in so many words, that one is payable In coin and the otfter In paper currency. Air. Stkvrns was chairman of the committee of Ways and Means, and it can not bo doubted he understood tho question he was discussing, and the measure ho was putting through the House. He said in language unequivocal " that tho principal of theso fivetwenty bonds Is payable in currency/’ and that such was the contract. I n the faoo of this statement, ran It be said that tho payment of the public creditors just as tho chairman Of the committee of Ways and Means says is nominated In the bond, Is "plundering" them, or that it is "squaro repudiation "? If so, tho Journal will have to class those loyal gentleman, Thai*. Stkvkns and Ukn. But* f.itfi, with " every rebel in the Northern States." Or perhaps the term '* penitentiary bird," wbtoh old Bkm. Wadk applied to tbe man who even suggested that the l>onds should be taxed like other capital, will suit better. The radicals have got so accustomed to denouncing those who question their views of public policy, with hard epithets, that we suppose they have come to a state of mind which regards them as arguments, but, unfortunately for thorn, hard words and bitter Invective, without a basis to support them or give them force, have lost their efleet. Even tho term “ Copperhead," which ie tbe Alpha and Omega of the radical vocabulary, will be finally hammered by them Into re-
•pectabillty.
General Butmm can not appreciate tho Idea of those who oppose tbe payment of the public debt In the currency which tbe lenders gave for the bonds, that such a policy Will ruin thd industrial Interests of the country. In feet he looks upon the metier from an opposite standpoint and predicts that It will develop tbo resources and prosperity of the nation. And he makes n forcible argument In ftvor of bis view of the question. We think that Birrutn end STivaN* comprehend the financial situation fully ae well as the Journal, and it will and HUH n targe portion of tte party win agree with their views upon tho national finances. And if the proposition to pay the public debt In lawful money can t>e easily rebutted, aid Ita fallacy readily Mtposed, as It asserts, Why does not not the Joemai giro Ms seeder* their arguments, so thet they can have the benefit of both etdee of the question? Uorntdi, In bis Columbus, Ohio, speech, thus refers to tbe subject which Is now occupying the public mind; t / "The black cloud of repudiation Is already above the horlnon, Its bosom charged with the
of dishonor and
spas MM* wares Government draft* they would have opportu-
aoyexurar-"
irds: they depoetted ernment a
disc merely. HrlMcCalloob’i fixed Idea ita own money. Theireng**®® aroma tn ha that a caturn to n>eci« navment both tor the banka **3 the Govi
oven
the nauonai oana Iking ft a nubile la paying $150,000 of $800,000. It la
seems to be thet n return to specie payment
would be n panacea for all financial troubles, in order to do thie.be has recommended to
Congress that provision be made for tbe pay-
ment of the interest of our bond# In gold, in Europe, so thet they may tell more readilv -- * - "j M fl far thirtv nar can*. a*»-
‘7 1 —
for thirty percep*-' 1 “- count In gold, end if we return to *£^P*7j
Now, as the bonds i
“Toere are six hundred millions more or i««s of our bond* In Europe, bought at rates Prom forty to seventy cento on the dollar. To say nothing of the effect of n return to specie payment on our own bonds, the first effect of
dred millions at dollars
the bankers of Europe, which must be paid from the taxation of the products of this country, which Is the only source of revenue in fact. There might probably be eome call upon us in equity to do this If these bonds bad been bonds until our success In tbe war was assured. During tbe war we bad to take all our own loans, end they bought them at tbe usurious discount of thirty to forty cents ae a matter of investment; so that we are not called upon by any equitable considerations to pay a dollar more then the bonds compel us. The same la true la regard to tbe five-twenties held by our own capitalists. The argument used why we should pay them in gold is that our capitalists and bankers took them, when tbe
id ^Or^ln*ethw^word* ■ *flUy < took
a million of Govn'DaMnI money deposited with tbem and loaned it to the Government at six
Isa safe one
Government, but
the Government. For,
if tbe national bank
aaklag It a vernment to
yearly Interest for tbe loan of . .
safe to tbe Government because the bank baa Government bonds for all It has received, but tain this system of finance will surely break
dOWB.”
WIIISKY AND TOBACCO TAXIS.
"Thera is another point in the administra-
tion. of the treasury, wbtoh I of the law, but largely tbe fi
charged with Its administration. The whisky and tobacco taxes alone, If honestly collected, under a vigorous and thorough admin
alien of tbe law, would yield
such a return wpuld beto pvUaome two hun-^ togatton
alch must be paid United States about 150,000,000 gallons of
whisky; and the external and Internal tax on tobacco yields about $50,000,000. This amount would pay all the expenses of tbo government and (be Interest o.n tbe national debt. At
able at the option or the uni
years after the Issue. There ere six hundred millions becoming payable In the present year. Again, they are not, by their terms, payable
country was engaged In war, as an act of patriotism; but rtith gold at 200 and from that to 250, one can not forget that they had an eye to proceeds ae well, In thto, that they shaved
them at from fifty to sixty per cent.
"Now, why should tbe country beealled upon to disarrange it* business relations, to reduce Its values, to burden it# mtffcy^Vb'oTinto while, too, thto Investment escapes taxation, which is thus wholly thrown upon productive Industry? It WOfild ertm to he wtodon In the first place to have all national securities taxed, and while one should recognize the fact that during the war the country might raise money upon any terms, and that those terms, whatever they were, should be faithfully kept—yet. now that peace has returned, with it should come a return to a financial policy which shall raise the money to pay off these untaxed obligations at tho earliest possible moment, and substitute for them securities liable to taxation. Now, the five-twenty bonds become payable at the option of tbe United States in five
au m
. P
In gold. On the face the interest is declared to be payable In g«ld, and the very fabt that the Interest to stilted to be so payable excludes the Idea that it is so. The exact letter of the bond (and I think you will agree with me that tbe Government creditors of such a shave are entitled to no more) requires the bonds to be paid in such money as other creditors are paid with by tbo United States. The popular Idea Is that the flve-twentys are payable In gold, but that arises from the fact that Mr. Chase, while Secretary of tbe Treasury, upon tbe first issue In 1<H62, had a letter addressed to him by some bankers as to whether these bonds would be paid in gold, and ho replied, what was true at the time, that all the obligations of tbe United States had been paid In gold, and it was proper to presume that they would be so paid In future. And upon the strength of that letter, the bonds were deemed gold payable as well as gold bearing, although it was in exact opposition to the words ol the
contract."
THE SECRKTAllY’S POLICY. "Now, why does not Mr. McCulloch recommend thrt a Iona be made in towfot currency of the United States, taxable as other property Is, and with the proceeds of that redeem the flve-twepty bonds as fast as they become payable by the option of the United States? Instead of this he seems to be engaged, under tbe authority ot Congress, in exchanging seven-thirty bonds into five-twenties as fast as possible, which, at tho present price of gold. Is exchanging a bond bearing 7 3-10 per cent. Interest, currency, Into a bond bearing 8>£ per
livid llghtnlnfs of dishonor and destrudtlon, and It Is only watting fora Brerfte, a Democratic breeze, to spread it over Dm ImkI.” We pro pout for m wwtrwf m* who sympsthto* with onr Ilia * noble Governor’*” view* of public policy, a little radical breeze to ap'Md fbe block cloud, whose bo^m ie so heevily charged, and wbleh eeeme to disturb Me rteotel vtsiOB like a dyspeptic stomach, by
giving them General Btrrt.rn'a Ideas upon tar
financial quesUoof which ho predicts will erg long divide political parties, Tbe following to the nibatewe#b#*'k^a conversation upon that subject ae reported by the Boston Advertiser:
TffX NNAffOIM, w a .
cent. Interest, in currency, and a bond wnicb, upon tho theory that five-twenties are payable In gold, which is worth only seventy per cent, on tho dollar, for one worth one hundred. But another and still more serious objection to tbe prentag of tbefivwtwonty bonds upon foreign markets to that w« got nothing for them but the moan* of paying for extravagant, and in too many cases useless articles of luxury, which, so far from adding even tbe seventy cents on the dollar for which It is sold, to our means of payment, takes away even that. Besides, the foreign banker never expects nor desires tbe payment of tbe Government securl’les as long as the Interest therefor Is regularly paid to him. While, as we see, money is at two per cent, in England, these bonds at seventy cents are equivalent to nine per cent, interest in gold, so that in fact we are selling our bonds at thirty per cent. In importing goods, which entirely neutralizes our tariff, ftuffbfeaMng down tho mMufaotonnf Interest, from tho taxation of wbleh we ought to derive a large Internal revenue, as we now tax its products two and one-half per cent. Another reason why some change should be made In our bonds Is, that there ought to be but one class of Government securities at a fixed, well khown, uniform rate of Interest. It Is the people’s obligation, to be taken by tbe people, and should do simple, uniform, and well understood by tbe people. Interest payable at one rate. Now, we have nineteen kind# of national securities, differing In rates of interest and times of payment, so that no man, unless he Is a broker or a banker, knows how to Invest In Government securities, and be to thus put out of tbe pale of publle Investment*, except by employing a broker on commission. It would be sound finance for Congress to adopt one kind of national security at long dates at a lower rate of interest, and as fast as Investments were made In It to pay off the debt which becomes due, until the whole
Is absorbed.”
NATIONAL BANKS. " Another and vital mistake In finance, It seems to me, is allowing tbe national banks to Issue currency. There is some four hundred millions of this currency, on the issue of which government substantially pays some $30,000,000 yearly. That Is, if instead of these bills. It tosued its own legal tender notes to the emm% ot $400.000,fife, MestM withdraw that amount of 7 ff-10 boneis, tbef»ter«*t of which would amount to nioro than $30,000,000. Now, can there any reason be shown why thto amount should be given to the national banks? On $400,000,000 of capital, their July returns show that they have over $00,000,000 surplus. Now, banking business, If properly done, to tho safest possible, and it Is sn axiom In finance that safety In investment to co-relative with low rates of interest. Hazard in business should bring Interest In proportion, but now It Is the safe business of banning which returns them sixteen to eighteen per cent,! Yot strange enough—if be were not a banker, ami governed evidently by the banking ideas of wall street—Sr. McCulloch is retiring as f ist as possible the legal tender notes, and substituting for currency tbe national bank notes. Why should not tbe precise opposite be done? The Government is responsible for nil these notes, natltyitl bank notes. Why should not tbe Government take tbo profits on their Issue, and thus save from thirty to fifty mllll. one yearly ? It to said that these notes cannot bo withdrawn without a shock to tbo business of tbo country. Now. assuming that the legal tender notes and tbs bant notes are sufflclenl
this million of Government mo
store the Union in fact, so that peace and prosperity, with their attendant blessings, Bight one* more prevail throughout the land. The tailnen of n larii number of thn California RepaMoam to vote may, atwr, be regarded an * rebuke to Uw map Congress for Its atkempt to-Afrtc«rize tbo ten excluded States and fasten upon them negro supremacy Xl*? parpom* Thn sJ»
dent
i treasury, which to partly the fault
fault of tbe officers
iumMu,
OM.WJSK.rK to hold on upon all tbs nstlonsl beak notes paid for taxes as Intsrnsl revenue each month, instead thereof of legal tender notes, until tbo whole ware withdrawn, without any ebeek to
tbe business of lbs country?
Mr. Chase undoubtedly did well In substituting tho national bank system for tbe equally objectionable state bank system dartag the war. it was a device on h’s part under foe strain upon our finances of providing means to carry on tho struggle—a costly one, but perhaps no mors costly than selling our bonds at forty cents on tbo dollar. How eostly to foo people and bow profitable to foe banker, to easlly Ulttstra|ecL Ust as axarotac foe initiotlon of R tTstldBaf btmV Pith gold at 200, an ft was In tbe winter of 1864 when our 6-20 bond* were selling at fifty seats on tbo dollar. A
national uanx noies mat amount, jboj any of foe United States as evidence of Its indebt-
Iom. They, then ask foe Comp-
edaese for foe . trailer of tho Treasury for leave Ie start ary bank, wbleh to granted, end he Issues to fofim
tK M
Vm»
bank, which is granted, and as issues to i $270,000 in like nattonei bank notes, end
of foe toenee thet would succeed foe renonstrnotion end Impeachment debates. "The
BKSSWKSSs
iriflef yef ttwVipenie trffihn
foe future asuet esessUrllyhe vary lane, ait
foe resources of foe eonatr
foe Altars must SXIf'Stt*
tell *ewly°or < $iw ooffl
AJliUt rMW%
1» PoimUmpif, Ann [ mig TrGAfftiry«
let as balance books In thto
-the ffovsnmtoa? r, $18,000 fn gold ■fsupposed stBDO. mnedto them other
On the national debt. At
present both do not pay one-tenth of that sum over the expense of collection. How long our people will submit to this state of things, which is demoralizing foe community and tbe officers of government on the one side, and teaching us an tagoatom to tbe government taxations, and thus fostering repudiation, to a question which needs only to be hinted at to enlist the thought of every true lover of our country. I am thinking that one of tbe worst consequences of the position of the President in antagonism to Congress is the corruption in the administration of the government, because true and tried men have been tamed out for their places to be filled by mere partisans. The million and a half dollars lest to tbe government by tbe failuroof the First National Bank of New Orleans and a vigorous and united administration of the treasury, with full cooperation of Congress, with the selection of the best officers, resulted, as U would have resulted from the change, much of this fraud and loss might have been prevented. But tbe condition of affairs has rendered Mr. McCulloch substantially powerless; for I do not doubt that he has tried to administer faithfully the law to tbe whole of
his ability/’
"How could the currency issued by the United States, and not redeemable In gold, be made to answer the wants of business? The nstlonsl banks seem to be necessary to take out and draw In tbe currency according to tbe wsnteef business, so that it may not be at any
time too redundant."
“In the first place,” replied the General, "let Congress determine what amount of curreney will meet the necessities ot the country at foe period when most Is used—say when the crop# are being moved from tbe interior to the seaboard. As tbe United States must for a long scries of years be always a borrower ot money, suppose It should be provided tbat any person having legal tenders might deposit them with the nearest assistant treasurer, and take therefor United States bonds at such rates of Interest as other loans were made to the United States, with the further provision that whenever a party bolding such bonds wanted his money upon them he might have It paid to him with the accrued interest by presenting it 4o tbe nearest assistant treat-urer—after giving a short notice, so as to prevent tbe sub treasury being made a mere bank of deposit. Thus, when a man was not about to use his money, be could deposit It with the United States and receive Interest therefor. When be desired to use his money he returned his bonds and received It, so tbat tbe currency would be a self regulating machine. When there was more tban business required, it would be deposited with tbe United States; when it was needed for business It would be drawn out; and so tbe United States, as a continual borrower, might as well borrow of such depositors as any other. There is already a regular course in business which would teach the officers exactly tbe amount of money they might be called on to receive or pay out In a given month, so that tbo detail could be easily arranged. Under our banking system tbe interests of the bank are directly opposed to this. When larger amounts of money are wanted, the banks are anxious to curtail; when but little money is wanted, the banks arc anxious to push out their currency in order to Increase their profilers the General’s cigar gave out, and ns I found that I had already written as much as any journal would care to publish In a single issue, I dosed my note book and talked about general topics, of politics and literature.
U«w (« Get Jla«l.
Some men get mad like a flash of powder and are over with It in moment. Their rage’ Is terrible while It lasts, but it soon expends Itself, and Is succeeded by a placid calm. Other men get mad slowly, but it takes them Just as long to got over It. Of the latter class Is tho editor of tho Indianapolis Journal. This Individual was a little startled when tbe first rebel gun was tired on Fort Sumter. He took the matter In consideration,and by tbe time tbe battle ol Bull Uunwas fought began to feel a little "onpleasantncss,” as Mr. Nasdy would put It, toward our wayward brsthren and slstren of tbe South. While Grant was thundering at tbs wails of Richmond, and Banks was slnylng hundreds (of Ms own non) ovary day at Port Hudson, our eotemporary became a little "riled.” When Leb surrendered To Grant, and Johnston to Subrman, tbe Journal man began to got angry. As soon as it was settled that the war was over he got mad—toarfuliy mad—and began to foam at tbe mouth. He has been going on from bod to worse ever sines, until now be is in that peculiarly exasperated condition known as "bull naadJ’ He thirsts for tbe blood, and bair, and bones of rebels. He ]*wi tbe earth, and snorts, and bellows, until tbe air Is filled with tbe noise of his wratb. If be could get at a rebel now we are afraid tbat be would transcend tbe usages of etvlllzsd warfare In wreaking bis vengeance. He might, possibly, torture him over a slow fire, Indian fashion, or boll him in oil, or tie blm to the rocks like Prometheus,or starve blm dehberably,or do anything else desperate and damnable And wbat to worse, his wrath seems to begrowing on him. He gets madder and madder, the longer be lives, and we fear that in about ten years be will have reached tbs end Of hto capacity for anger, and then, when there to no mors mad to got, he will explods
in a sbowsr of vindictive stink.
Tbs only fault ws have to find with our neighbor to that he didn’t get mad soon enough. Had he become exasperated la 18«l, or even In 1862 or 1863, there were plenty of situations vacant, where a patriot of good moral character could have obtained the privilege of carrying a musket, and could bwre satisfied hto thirst for blood by shooting tbe bloody rebel# through foe guts. Our neighbor probably realizes wbat be has missed by not getting road soon enough, but, alas, It to too late. However, if there to another war, tot os hope he will be In time for that, at least. Tfe* Callfnmfa Er«<rvi0n-»»T*« Pr*. pfoMfiM •assefo tbe Pciaacmtlc
Finwep#**,—*» *►««_
Further news from California confirms um
first report of foe great political reactUm In that State and foe decided victory achtoyed by the Dsmdeney; Tbetrtumph was unexpected, hence foe throb ef Joy that It seat throughout foe land. Every man who desired foe supremacy ef foe etvll authority, the restoration of constitutional liberty and that reenomy and sMpttefty In the adintntotraitoii of the oovernmoat which prevailed previous to the rule of the perty m power, could not but n jotoe over foe cheering event. And the victory to most complete. The Democracy elect tbe State oflU eerr, e majority to the General Assembly wbleh pill enable tbeas to return e Dsmeentfe learner in foe place n comriM, fltf two out of mV : congressmen. Tbe Itomeereme MM M tiy in fan Frenetoee eonktr 'M ove* Jour tbeusand. In vm Lx»o«,n M«etved r ie that county, four thousand three hundred end thirteen maJonty ever McClellan, which shews e gain
Ifhl foHM>W>r>illHsd-Totcs.
Was
Francisco Evening Bulletin, an indepead
paper, says: “Haight’s success to due wholly to tie determination of the mames of foe Union party to rehuk*foe Immoral system at party management, end to break down tho corrupt combinations of schemers and demagognse whtoh timatoned to alienate honorable men, dispose of publle property wrongfully, and tepees extra burdens on taxpayer! for the benefit of •peculators.” There were causes enough, patent to everybody, to prodooe the change, and rt to folr to Infer that the reasons and considerations wbleh influenced tho public mind In CslifornU wilt be general in their operation, and thet the reaction there to bat the beginning of that which will toko place ell ever the country, or we may better any bee already token pleoe. And tbe elections which have eome off thus for this year, in those Staton especially where they have been folr end free, give evidence at the change that to going on In tbe public mind. The reactionary sentiment has gained in Hew Hampshire, In Connecticut, and although tho Journal takes comfort in announcing "there to no discount on the Green Mountain State,” yet tbe general election wbtoh took place in Vermont last week, shows a eonsidemldo failing off In tbe radical vote. And If thto rea.-tlon continues, we have every reason to hope that radical rule will sooa be at an end. The change required to produce that result is not great. Tbe table presented by wbat to known as the Personal Representation Society to the Albany Constitutional Convention, showing that in the elections last year In twenty-three States, the total radical vote was 2,061,871, against a total of 1,644,308, Democratic votes. The total radical majority Is, therefore, 417,603, and a change of
208,787 votcs,or only atx per cent., would
the balanceagainsttiuui* 1111 ’State.
' ,rmTr ’ t ' 15141 Pennsylvania and New
York will go anti radical dt the approaching elections, and although there is a large maj >rity to overcome in Ohio, 42,706, a change cf 21,343 votes will effect it. Thto may be too much to hope, yet we have no question there will be a decided majority against Africanizing States. Tbe glorious news from California will Inspire the Demseracy of Ohio and Pennsylvania with ^new zeal and cause them to make greater efforts for success, as It should throughout the country. May thto good work go on, until radicalism to eradicat-
ed root and braneb.
INDIArSAPOLIS.
Browning* A wmism mwm *
And dealers in ^ Bye Stuffs, etc., .Apothecaries’ Hall, Hoe. X A 9 East Washing to* a*..
T
Headricks, Kdmuds 4 €•., Wholesale dealers in Boots & Shoes, HO. B6 SOUTH MZB1DIAN FT., (Scbnull’s Block,)
3. B. OSCrOOD, Wholesale and RetaT Dealer in Paints, Oils, Window Glass, Axle Grease, and' Brushes of all kinds. Sign and Ornamental Pointing. NO. 82 BAST WASHINGTON STItIXT. Mixed Paint in any qnantity.
UNION'INSORANCE CO
<>1>
■y-srr
remomal Liability
BUSINESS CONFINED TO INDIANA.
1 am See fronds
vr doing; with the Amdltor off* State to in-
Indiana which
E. B. MARTINDALE, Fren’t.
GEO. W. DUNN* Secretary.
ISAAC C. IIA VS, Agent.
K. B. MARTINDALE, JAMES M. RAY. •THUS. H. SHARPE, WM-S. HUBBARD, NICHOLAS MCCARTY, HENRY SCUNULL, jyVT.tom
J> 1 H. E,0 X O 14 K ; ^ JOHN W. MURPHY. JERE McLENEGEO. B. YANDES. JOS. D. PATT1SON. J. U. BALDWIN. JESSE L. WILLIAMS, Ft. Wayne. M. L. PIERCE, Lafayette.
KYR AMO KAO.
AND EAR. ■* ' w4tw m ■mtev wna mm mmr m m mr" ~ Htfi CHAMLwl k» waul OCULIST AND AUBIST
Front Ham Fork,
Is now permanently located in
I TST I> I A. Iff At I» O L. I S . YYfHIRBhe may be consulted, free of charge, V V on all diseases of these delicate organs. Tne universal success of Dr. Wall’s practice for the p»-« two yeern in this city, together with fourteen years experience in this branch of the medical profession elsewhere, should be a guarantee bo these afflicted that he to no charlatan or quack, hat qualified to accomplish ail be un ’ertakr s. Cross Bye removed in one minnte, or uo charge, and without baterruptfon U> business. Pafiente who have already beencured of Blm 1
net*, Deafo — • -• -
less. Cross Wye, etc., can be see
mad
n o ,tion
Ucation to the office. AU surgical operat
e In the presence of the family physician when desired offensive Discharges from the Bars ot children (asure forerunner of Deafness,) permanently cured. Chronic Inffammation of the Byes, of years' standing, perfectly cured. Weeping or Watery Eyes Cataract, Filins and
Ulcers of the Eye, speedily cured.
No charge for an examination ami an opinion,
and no charge for unsuccessful treatment.
Operating Booms—Hx West Maryland street,
up stairs.
Postofflce Box K1S augSl dlytopcol^dp
CAftPETS, ETC.
COOKING *TOVE.
Binkley & Pcrrine, Kurafocturers anil dealers in Ti-Yinlis, TraYfiliaff Bags, Etc., j W holes ale and retail, three doors from the Palmer House, No. 8» .South Illinois street, Indianapolis, Indiana. ^Repairing done on short notice. Trunks male to order.
MtuHeal MdVlsitl■■■* y Sckemes. We find the following startling revelations in the special Washington dispatches of the Boston Tost, and they come from a reliable source: "Some startling revelations are leaking out hers touching the revolutionary schemes of the radical leaders. It has been discovered that the plan for radical governments and negro supremacy in the Southern States was concocted and matured at tbe convention of Southern ‘loyalists,” on the 13th of September laat, in Philadelphia, where were present the radical governors of the several Northern States. It was then and there determined to organize a revolutionary army which should hold the South under the control of the radicals regardless of wbat might be tbe popular vote. It was also determined that E. M. Pease should by some means be placed at the head of tbe State organization In Texas, and in obedience to this plot of the revolutionists General Sheridan deposed Governor Throckmorton and Installed Pease in the executive chair. In further continuation of the same plot General E. J. Davie was given a roving commission by General Sheridaa, ostensibly for the purpose of superintending the registration, but really to organize the Texaa quote of tbe Grand Army of the Republic, tbe members of which are sworn to hold the power of the South regardless of constitutional and legal barriers. Tbat work to now in rapid progress, and fttnds are being supplied through the "Loyal Leagues” by the radical Congressional Committee of this city, of which Mr. Suhenck, of Ohio, Is chairman. My information is to the effect tbat this military organization is now being rapidly pushed forward in all the Southern State*, and It Is reported that the supreme command of this revolutionary force has been bestowed on the late commander of the Fifth Military District. Iff view of thto powerful organization, which stands ready to throttle tbe government, tbe late proclamation of the President may not te ill-timed. Of the truth of thto statement there is now abundant proof, and steps will be taken by the government to meet the impending danger.” Tb • Amnesty Proclamatlen. Tbe President on Saturday issued tbe amnesty proclamation which has been anticipated for several daye. It recites the resolution of Congress adopted In July, 1861, In regard to the character and purpcscs of tbe war; the proclamations of President Lincoln and himself extending pardon to certain claescs who had been engaged In the rebellion and announcing tbat all armed hoettlity to the government bad ceased, and then for the purpose of recouciling tbe antagonisms wbieh have existed and restoring the unity and prosperity of tbe country, he extenda the benefits of amnesty to all who were heretofore excluded, with some exceptions, which are detailed in the document. The proclamation gives ftirther evidence that tbe President to muter of the situation, and tbat It to hto purpose to exercise hto official functions as fos as possible to restore the harmony and the unity of the country, without which we can not expect financial prosperity and permanent progress In all fort constitutes notional greatness and power. The President to now doing wbat be should have done long ego, and the boldness, courage and ability he to displaying will command the respect of even bis most outer partisan opponents. BarWc publish this morning a forcible article from foe pen of Senator Wolcott, of White county, on foe law of Impeachment, and the liability of Andrew Johnson thereto. Journal. If Senator WOLCOTTe legal contribution to tbe Journal to torn*higher grade than hto attempt rt poetry which appeared In tbat paper last winter, we think both foe conn try and ANimnw Johnson will survive the shock. Even if hto prose to hotter than bis poetry, Mr. Senator Wolcott has undertaken n large Jeb, one fort is slightly above hto reach.
HAHN A BAES, Importers and wholesale dealers in FOREIGN AND DOMESTIC Wines, Liquors, CIGARS AND TOBACCO, NO. 25 SOUTH MERIDIAN STREET, Indianapolis, Ind.
The American Cooking- Stove. After twenty j ears of experience in the manufacture of s oves, wo bee nine convinced, soae %ix years since, that a vast amount of money was being expended by tbe people of this country, in buying cheap and almost wort bless stoves, a large portion of which was wasted; and that true economy consisted in baying the best stoves that coaid be made, notwithstanding the price was higher. With this view we proceeded to construct the American Cooking Stove, am] snored no pains or expense to make it the best and most saa^iijESnSrg operation for the lost six years, and when an improvement suggested Rself; we have at once adopted it, and we have several of these improvements secured by letters patent, in this manner, we do not hesitate to say, we have brought it to a higher state of perfection than has heretofore been attained in cooking stoves. The recent improvements in this stove have added largely to its convenience and effectiveness. In all the varieties of stoves we manufacture, we study usefulness, durability, convenience anti economy in operation, rather than cheapness in. price, and in so doing we are salistted we study the interest of those purchasing our stoves SHEAR, PACKARD A C), Albany, New York. For sale by R. L, & \ w. McOUAT, je8Td3m Indianapolis. Indiana.
Cabinet Makers’ Union, Mann factnxers of all kinds of FUH.TVITUR.E, No. 105 East Washington St., lasMamptetla, la*.
MERRILL A CO., "Wholesale Booksellers
And
Stationers,
No. 5 EAST WASHINGTON ST.,
Connely, Wilea & Go., Wholesale Grocers, 149 MERIDIAN STREET, Opp site East end of Union Depot.
A very large assortment of all class of Groceries, Teas and Tobacco, for sale, at very Lowest Market Prices.
H. DAILY A CO., Wholesale Drag House, No. 3 MORRISON’S BLOCK, Sasstls NXer I* la a Street.
Agents for the Sale of Coal Oil.
■ittoa, Tarktigtoi ft Ct., Jobbers of IXR.Y ooor>s, NOTIONS, BTC., No. m SOUTH MERIDIAN STREET (Alvord’8 Block), le*Iaaaylle, la*.
Wholesale Paper
School Book Depot Bsvea, Stewart ft Cs.« 18 WEST WASHINGTON STREET, ImtianapoMa. Ind.
IMSUNANCE.
IIY^URAKOE. MARTIN, HOPKINS A FOLLETT, (Office new Journal Building,) Bspvsaiiki tk« following sterling companies: INSURANCE CO. ON NORTH AMERICA
jumna,
#1,880,140 34.
ENTERPRISE ■»». C*, Gbm» o.
ASSETS,
#l,l4Le»S10 03.
CONTINENTAL
RIKBOFF A BBO. Wholesale dealers in Copper X>iatilled BOEIBON S HE WUSII, Also, dealers in Ibreign and Domestic liquors and Cigars, NO. T7 SOUTH MERIDIAN STREET, Ia««aae»elio, la*. Finlay * Wilder** CMsterete* Toledo
ALES.
C.S eOTTKKFIKLO.
J. KUKD. THOUPSOX.
C. ». RXJ rr'KKFIKX.U A CO..
AGENTS FOR
Lill’* Chicago Brewery Cospaiy’s
Pale stack Ale, •1* Stock Ale, Pale Cream Ale,
Porter an* Brown Stoat,
lU barrel, holt barrel and bottles, for the trade
and family use.
Office, Sample-room and Vaults—85 Market street, east of postofflce, Indianapolis, Indiana. Orders in thesity delivered with promptness
DRY GOODS.
T -in quarters ^
riiics
l» THE,
STATE tj INDIAN^
and free of
Trade orders, both in and out the city, es eiallt solicited and attended to with promptm jlyS dam
espe-
ess.
MUSICAL.
INDIANAPOLIS r-*! rTT-v -rz> a tci— VumS-L .JL jl. JQ-n LN I o/ • Office: Washington Hall, NEXT TO METROPOLITAN THEATER. TET'HERE orders for engagements for String V V or Brass Music will be received at any time during day or evening, in absence of a member, by the proprietor ot the iytll, Prof. Gresh, Prompter. Tbe undersigneil. members of this Band, fee? interested in announcing themselves as the city Band, who have been for yean, known as national Guard: ~ Metro po
and citizens who will pit ase the public and their patronizers with good and well executed music of the past and present time, boliciting respectfully yonr patronage. Adolph Schellschmidt, Ferd Schellschmidst, Phil. Dohn, George Krug, Henry Hahn, B. J. Vogt U. A. Biedeiuneister, Ueinh. Miller, Phil. Hahn, A. Platz, Ben. Gresh, A. Fischer, West Davis. jelOdfim.
VARNISH,
*Y A R N I 8 H
rpiIE subscrilter, l>eing now fully under way, 1 is prepared to furnish to order, in large or small quantities. Coach, Faraitnre, Spirit Vanishes avd Japans, of a quality he warrants equal to any elsewhere manufactured. He respectfully solicits a share of public patronage. H. B. MEARS. CAPITAL CITY WORKS—Corner Mississippi street and Kentucky avenue. jlySS d3m
HO COHKTCTION WITH AXI OTHJSB. ESTABLISH sssx of the same name, in or out of Imliajiapolis W. & H. GLENN, Proprietors - ' Has no cohxxction with axt othxb/st ablish hent of the same name, inoroutof Indianapolis W. A. Proprietors. jefldti
LIQUORS.
T. F*. iftYATV ,
Wholesale dealer in
IMPORTED LIQUORS, Bonrbon and Bye Whiskies, Etc., And Proprietors U. S. Bonded Warehouse, C«*. 113 Mouth Meridian Street, INDIANAPOLIS, INDIANA. Jj26 d3m
STEAM GAUGE TEST.
STEAM GAUGES TESTED AND WAKKAXXtD. Tbe only Steam Gunge Test in Indianapolis at B. F. HETHEKIXGTONrS MA-diXlSTB WORKS, Cor. South au* PeaasyIvanla Sta.
of all kinds done with dispatch, tention paid to the building and repairing of wood working machines of all descriptions, and moulding bits, both' flat and round. ang'idSm PIANOS.
CfllCKEKHW A SOriS’
American Pianos Triumphant AT TUX Exposition mt all Nations. In addition to
The Emperor Napoleon, ^te^ers^^accompanied Tho Croon of tho foegioa of Hoom
' Thereby eoofrming te the
CBIOKEKIIVO BIEfoAE
J. C. BRINHMEYER & CO.
Importers and Wholesale Dealers In
Foreign and Domestic Liquors
Ofol» ISOIUUOY.
RYE WHISKY, GIN AND BRANDIES. No. 1 ALVORD’S BLOCK,
South Meridian street, Indianapolis.
We have in store and forsale choice
Bourbon and Bye Whisky, Ranging from one to ten years old, to which we invite the attention of the trade. High Wines at Cincinnati quotations. Bond and Free. General Bonded Warehouse No. i We have a large Bonded Warehouse, and solicit consignments of Alcohol, High Wines, Bourbon and Rye Whisky, Tobacco and Cigars from Manufacturers or Importers. Liberal advances made on consignments. We invite the attention of the trade to our e abllshmsst, believing that we have as fine i issortment of goods in our line as ever before offered in the West, and intend, by honorable sling, to give satisfaction to all who may favo with their patronage. JyWdZm
NEW STOCK
CARPETS, WALL PAPER, Window Shades, OIL CLOTH,
Etc., Etc.
LYe tube pleasure in slsowiag our Goods, and Sell tkeaa as Cheap as any houselu the city.
CiALL A KlSU,
Idl East Wasb'ngtdn Strci*t,
augfl dSm
Opposite Court liotise.
TOBACCO WOR KS. Tobacco Works!
J. A. MAY A CO
(Successors to P. M. M. May,
MANUFACTURERS OF ALU KINDS OF
PLUG TOBACCO,
Office No. si Last South Street,
HFs Bay Apple uad Fig K.umps
MADE TO OKDKR ONLY.
AAA. BBANilMS aurTT dSm
WABMAiTTEP.
UNIVERSITY.
ST. MARY’S ACADEMY, Notre Danse, Indiana. O TIT DIES will be resumed at this Institute, k3 Monday, September 2,1S87. For Catalogues, address jySS dtUjel.’gS MOTHER SUPERIOR. WHOLESALE GROCERS.
STEAM ENGINES.
WOOD * BANIt STEAM EMG1M1
CO.’S CEJLZBBATED
PORTAE AID STATIONARY Steaii Engines and Reiters
A. JONES & CO., WHOLESALE GROCERS, Nos. 7A and TO(SehnulVs new block,) South Meridian Street,
Indianaxvolis, Indiana.
A.joms. a. OLAY. a. r. jams.
fobs dly
TOBACCO WORKS.
<3^
Capital Tobacco Works. B. £ . B~AR K £ R , Manufacturer of all kinds nut-cur CHEWING AND SMOKING XOBA.CGOS. Agents for the sale of all kinds I* 1 yi gT T o L> n c e o At manufactnrer’s prices. Nna. 18,81 aua*S3N. Tennessee Street (Opposite the State House.) mgfld&n INDIANAPOLIS-
IBUfltABOOffii
POWER.
PHYSICIANS.
The only distir ction over tbe firar awarded for Pianofortes, all of nl actly alike and of equal value, and tl
vnrd of the
ifoasehTt
D. ROOT 4k CO.,
Manufacturers ef
UOra, PORTABLE MB STATI01URY ENGINES, MU GEARING, AM
IRON FRONTS,
AMD DBALkm ns AMD TIMS IBS' 1
NEBS’ TOOLS A
stWi
IMAGHIMXS.
rn nmd m - South
•Mo, 1m*.
Placing the CBicxxbxbs Pilot at the Head of All Oteds. WILLI ED A STOWMLL, •EM ' ~
SALOON.
1 SAC
WIRE, LIQUORS,
AEE AND
ALSO rtSTABU SAWMILLS.
IV^roeks’ia ttoUmite^Stal
stveiy to the manufacture of Poi Saw Milk, which, tar simplicity, compactness, power and economy of fuel, are conceded by expertMo be superior to any ever offered to foe The great amount of boiler room, fire surfac and cylinder area, which we give to the rate * Alf SiteeaOTtiteTty^BahanAteTWnbhedte
short notice.
Descriptive atoenlars, with price list, cut ct
application.
WOOD A MARK STMAM KNQIfTK UO, ^IMn.K.Y. Branch office, M Maiden Lane,
WUMLOW 8. PIEIKCK, ML Nk y /\FTEXS his professional services to the
Sksss;
his professional services to
No. S Blake’s Row,opposite Botes House,
of Meridian
and Second Je29d3m
GKBQ. W. NEW, M. X>_, MlYHClAift AND SUHOEON, Boom—No. 13 Second Floor, Miller’s Block. North Illinois Street. INDIANAPOLIS, IND. A FTtt on absence of six years in tbe Armv il **d United States Hospitals. Mr. Now has returned to this place to resume his profession.
IWb hundred and Bisety. otlM la publle
•rtjf’rtlfo* pledge , ueyswry,
*7. WCTvi ars boay la tersntiag I cbsffgs la public seatirttttMNds (to dsfsrt to _ toe tenders of (to radical party, and alter# foe followli* watt over tb.
lam Cm, rt. Y„ AMMBIWv 01 , O'T 3,^11
Yonkers anil New York
• J L , , ; * „ a
•asm Cm, rt. T. . . i i AfpMWffi, 0era 9 3eo os*
foe great j
, to pat in a
CITY FIRE INI. Cft, IAITF9N, C9NL ASSETS, 04130,000 OO. I .*m «#■' m I II MERCHANTS’
#000,000 3T
DONALDSON 4 HY1Y, Hats, Caps, Firs, SLSYK8, STRAW GSM Vrtfcrellas ft Ffcraatb, No.5t SOUTH MERIDIAN STREET,
TOBACCOS ASD CIGABS* W-TWrjMfcfrllRASl*
Nn. to North
SCALES.
FairbanVs Standard Scales.
Urtdkn
serves.
* KNOPF,
a. Janus a co., VIHISIU HOCUS,
’ 4 ,israffi^ raL •■
*85?
FAMILY fCHOOL FOR BOYR
U SVi
Ai
mam. Fitted for Cvllege or I
ltd toffi
n. g-..::'. ffinssoh mi • d*: v'>t • •* ^
■MBAl
W. «•- CtAULUlN Mt.74 West Wtsk. St. INDIANAPOLIS, IND. Buy only the genuine. '
«*• M. YOCBJBT, ML 1L, Ecleotic Pb.ysicia.ii, i A. M., one to fob* dly
AND SHOES.
m
LMMBihNewi
11* -
0 dollars
CURRIERS.
dug
C-CTIRZ&IIEURS,
.fitor f* Jy»*to.totjhloNthp
iBaslfivr Mfliyv's
DENTIST*.
O- -A.. WBIelaS ,
DENTIST,
, Offlff, OYEH MftKSOWS BANL
* • *' ■ ; I
Deoltr fo
WSHrth