Indianapolis Journal, Indianapolis, Marion County, 24 August 1883 — Page 4
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THE DAILY JOURNAL. UT JNO. C. NEW & SON. For Rates of Subscription, etc., see Sixth Page. FRIDAY, AIM T 24, 1888* THE INDIANAPOLIS JOURNAL Tan be found at the follow!ng p'.area: LONDON—American Exchangein Europe, 449 Strand. FARlß—American Exchange in Paris, 35 Boulevard des Copucines. NEW YORK—Fifth Avenue and Windsor Hotels, WASHINGTON. D. C.—Urentano's 1,015 Pennsylrania avenue. CHICAGO—PaImer House. CINCINNATI—J. c. Hawley A Cos., 151 Vine street. LOUISVILLE—C. T. Bearing, north vest corner Third and Jefferson streets. FT. LOUlS—Union News Company, Union Oepet. Now if the telephone operators would go on a strike! ______________ The New Albany Ledger talks of “the tendency of certain papers and persons to drive the Democratic party on the rocks of free trade.’* It will surprise many to be told that the assessed valuation of Boston is more than five times that of Chicago. It may be stated, further, that Boston has owned a good share of Chicago since the big fires. The Atlanta Constitution knows of no objection to Judge Holman, of Indiana, as a Democratic candidate for President No one else seems to know any objection to him as a candidate, but a vast majority will “rise to object” to him as President. Ex-Senator McDonald denies that he said what the newspapers say he said about-Mr. Tilden’s wire-laying and “everybody for himself in the next campaign.” With all his sagacity and experience, can it be that Mr, McDonald has forgotten the political axiom that the candidate who stops to deny is lost? Two or three empty-headed papers in the State are talking about the indictment of Dorsey and others connected with the campaign of ISBO, by the Marion County Criminal. Court. If there is anyone who knows so much about that campaign as a few Democratic newspapers claim, why does he not bring his facts and proofs before the United States grand jury? The United States court is open to anybody. At the Old Orchard Beach temperance meeting Governor Robie, of Maine, said “men elected to enforce the be made to enforce it.” That is a crude notion of oldfashioned people. In the present day no such absurd sentiment prevails. Now only such laws or such parts of laws are enforced as suit some particular power or interest. Governor Robie should come West, where they have more “liberal” ideas. Uncle Rufus Hatch is, in a manner, “paralyzing” his English guests, who are doing the great Northwest. On Sunday he took them to see the big Dairymple farm where they were shown 130 reapers and self-binders cutting down a field of wheat containing 28,000 acres. It is said that they were greatly astonished, and probably they were, but it takes as much to astonish an average Britisher as it does to make an Indian smile. Thf. Governor of Kentucky, having established a well-earned reputation as a freehand pardoner, is besieged by a regular army of pardon-seekers, now' that his term is near an end. One man, indicted but not yet tried fora crime, is urged as deserving a pardon because, if he is brought to trial, the feeling Will be so strong that the military will have to be summoned to defend the court. In other words, the Governor of Kentucky is urged to pardon a man before the people of Kentucky pronounce their verdict. Justice is a sham in Kentucky. Rev. Dr. Deems, of New York city, in a recent discourse, paid that he had lately met a gentleman who was so excited over the evil wrought, among all classes, especial!}” the young, by immoral pictorial newspapers, that he wanted to have all such papers as the Police Gazette suppressed. The Doctor was not willing to go that far. because lie believed the freedom of the press was so precious a thing to Americans that they could not afford to surrender it on account of the evils necessarily connected with it, but that he v.as willing to join any wide movement legitimately made for the suppression of pictorial representations of criminal actions. Ex Senator McDonald has been compelled to again deny a reported interview. This time our Indiana friend says he never held a conversation with any newspaper correspondent or group of friends at the Riggs House during his recent visit to Washington, end therefore could not have said about politics and President Arthur and the campaign of 1884 what it is said he said. When Mr. McDonald grows older and wiser and more discreet he will never “interview” to or with anybody, and he will allow the heathen to rage and the people to imagine a vain tiling to their hearts' content. Mr. McDonald is too anxious, and, therefore, is frequently very indiscreet. Mb. Henry George, m his testimony before the Senate committee on labor, in speaking of the recent telegraphists’ strike, said: “The Associated Press, in connection with the Western Union company, has been 0 means of defeating the recent strike by influencing the public press to take a stand adverse to the telegraphers.” This is so notoriously untrue as to be laughable iii a Man of Mr. George’s pretensions. Tne fact 'a that, with rare exceptions, the press of
the country, associated and otherwise, was a unit in favor of the operators and against the company. If the efforts of the press of the country could have availed, the Western Union would have been speedily forced to an ’ honorable compromise. But men like Mr. George have a theme to advocate, and matters of fact are not allowed to stand in the way. Mr. George is “au advanced thinker.' SPECULATIVE BUSINESS. The contrast between American and transatlantic methods is often very marked, though not always to the advantage of the one or the other, as the case may be. There are, doubtless, some things in which we might profitably learn from the example of older countries, while in other matters the methods pursued in this country are unquestionably superior to those abroad. In most matters of business the older countries are more conservative, therefore slower and in nearly every instance safer. The possibility of rapidly acquired fortunes in America is an incentive to risk, and the channels of speculation are so much more tempting over legitimate means that they are in many instances mistaken for the real highways of commerce. Send a tyro to Chicago or New York to discover the arteries of trade, and he would be sure to locate them in the stock exchange, the board of trade, or some such place. In one sense he would be right. But if he were asked to find the gulf stream In the great ocean of business there transacted he would be unable to detect it. The handling of stocks, bonds and produce at long range suggested that the scheme might be utilized as a gambling process, though a safer term was substituted. If the legitimate dealer in wheat could buy and sell that commodity in quantities without leaving his office, why might not anybody buy and sell the same without seeing or caring to see it? Wiiy not follow its fortunes from field to seaboard, the rise and fall of its value being provided for by what is known ns “margins?” In time this improvement on legitimate trade became so popular with speculators that it exceeded in magnitude the thing from which it sprang, and now, to where one bushel of wheat is sold in reality fifty bushels are nought and sold only as an index of determining winnings and losses. It is equally true of stocks and bonds. Millions are put up on their fluctuating values to where thousands are put in as an actual investment. Asa result of nil this unreal business, in which the fortunes of “dealers” rise and fall like tides of the sea, or rise like clouds from the sea and plunge downward again with the velocity and destructive power of a tornado —as a result of this, the manipulators of stocks and bonds find it very profitable to use them to control the market. Certain stocks are “cornered” or “watered,” as the condition of the market suggests. Artificial values, above and below' the actual value, are given them from time to time, according to the wants or needs of those in position to control these things. It is folly for small dealers, or those outside, to speculate in stocks, and a large majority of them know it. They know, as well as they know anything, that they can'have no possible influence in the matter; that what they throw into this financial maelstrom is perfectly at the mercy of the tides, and that the ebb and flow of the tides are controlled in the interest of a very few. Their only possible hope is to catch these artificial tides at a time wheu they shall be carried to fortune. The evils arising from this source are too apparent to require argument. In England it is different. The rules of the London Stock Exchange require, before a stock can be listed, that a considerable amount of stock shall be held in London by London investors, in their own names, and that a list of the bona fide owners shall be filed with the exchange when the stock is listed. There is, therefore, no dealing in margins and comparatively no speculation. Sales made on the exchange are bona fide transfers for cash. The stocks listed are actual investment stocks, and the listing is a guarantee of the solidity of a security. In other words, the members of the London Stock Exchange are in position to know somewhat of the probabilities of certain stock3, and of the possibility of their being manipulated for the purpose of speculation. In this respect the plan is wholly different from that pursued in America. Here it is a question of no moment who owns the stock. It may be “bought" and “sold” a dozen times daily, without a single slure changing ownership. Take Western Union telegraph stock for example. During the year it is bought and sold ten times over its entire value, and the probability is that not one quarter of it lias changed • hands even once during the twelve-month. It cannot be said, therefore, that its fluctuations arise from natural commercial reasons, but rather that those in position to do so depress or increase its quotable value in order to form a basis for speculation, and to afford the means of winning the money of those who arc* willing to invest and take the attendant risks. It were wise did American imitate English financiers in this matter. It would rob stock exchange transactions of their gambling features, but the effect could scarcely be other than to result beneficially to legitimate trade. There can be no doubt that there* is occasion for the buying and selling of stocks and bonds, just as there is for traffic in grain and general produce. But the fictitious “business” in these things has grown to such proportions that its evil influence is apparent upon legitimate transitions. If the wheat product of the country was not sold ten times over there could be no possibility of
THE INDIANAPOLIS JOURNAL, FRIDAY, AUGUST 24, 1533.
a “corner” in wheat, and no unreal value could be placed upon it to the harm of every consumer. If business in any merchantable article be confined to actual sales there can never be a “squeeze.” To this it must sometime come. It ought to be apparent that gambling in grain and stocks is no more honorable than gambling with dice and cards. It is less honorable than a lottery, for in the latter the tickethoider lias some little chance of winning—in the former none whatever. Tiie Carson Appeal says that Senator Fair was seriously injured when a child, and as a result has developed a mental bent which led him to an aversion for the truth and a fondness and ability for falsehood and indirection truly wonderful. It says that latterly Mr. Fair has been devoting his strange talent to the w'ork of getting up a wholesale stock of untruths, and that he has succeeded beyond his wildest hopes. In the course of a long article explaining the Senator’s odd faculty, the Appeal remarks: “He [Fair] says he has already invented enough to last him to his eightieth year. He estimates that be can talk eight hours a day and never tell the truth once. His system cannot be described in this short paper. Those who have been allowed to inspect it pronounce it absolutely without flaw, authentic and self-repeating. It has for its basis the system by which algebraic and geometrical equations are formulated, and everything is reduced to a mathematical certainty, so as to insure a given amount of lies every day, and no lie is made to do service twice. 11 is combination will last, as we have said before, until his eightieth year; after that lie has a vague horror that his end will come or he will be obliged to begin on the other end of his combi nation and repeat. He says lie would rather die than be obliged to resort to this expedient. He now has no fears that he will be caugiit napping, and looks to. the future with hope and confidence, and, like Ajax, will defy the lightning.” We reprint the following from the Worthington Times, as a specimen of the remarkable feeling toward the capital of the Stataindulged in by a few newspapers and people: “Indianapolis is the best advertised city in the West, and they reap a harvest from all the big gatherings. They now propose to hold a reunion of all the old settlers of Indiana in September. The managers and the railroads work together, and will give cheap fares to induce people to come to the city and spend their money. These gatherings are u detriment to all the towns of the State, and the country press ought not to give them encouragement.” If Indiana could get along without any capital it would suit some p&cple, or if it had a capital without enterprise or prosperity, as some States have, these folks would be satisfied. We know of no otiier State in the Union where the largest or larger cities are a constant source of irritation except Indiana. Some time since a St. Louis man set up a claim for a large portion of the real estate of Washington City, including that upon which the capitol buildings stand. The government and other land-owners not showing a disposition to settle w ith the claimant, his law'yer, another gifted St. Louis man, writes a letter advising a compromise with his client. He assures the terrified citizens that if he does not get the money or the land he will cause the government buildings to be removed from Washington to St. Louis. Something should be done at once to avert this calamity. The country could give up Washington, but it cannot take St. Louis as a capital. Let the President be summoned home to look after his property. The committee, consisting of Bishop Bowman, President Martin and Prof. Kidputh, have issued a lengthy address respecting the proposed endowment of Asbury University, of which the following is an extract: “Anbury University has reached a crisis in her history. Whether she shall be able to stem the tide is a question which must soon be decided in the affirmative or negative by those to whom she has a right to look for help. “With a view of saving the university In its present efficiency, no less than with toe hope of securing munificent gifts from Mr. DePauw. we therefore most earnestly and anxiously present to the friends of the tnstlintion throughout the State the following recommendations: “First—That the citizens of Greeueastle and Putnam county make haste to secure * lie fuli amount remaining unsubscribed utid rtxjuisito for tli*i purchase of additional campuses. ••Fwuiid— In view of the various and embarrassing conditions inserted in many of the obligations already taken, and in view of the pressing wants of the university, we especially urge upon all person# who. since the beginning of the present effort have made subscriptions or executed notes conditioned upon raising the whole sum of f|Aii,fton. that they substitute therefor new obligations, made without oouditions, to the trustees of Asbury University. “Third -That every friend of the institution in every part of the State exert himself t<> the utmost to securw and forward to the treasurer, Golonel John W. Ray. the largest possible amount of new, unconditional notes and subscriptions.” ••The committee have consulted freely with Mr. DePauw since the adjournment of the hoard, and we feel warranted In saying that if between the present and tbe4th day of Octobei 'he above three conditions are fulfilled according to the measure of what may be fairly and reasonably expected in the premises, then a liberal and satisfactory provision for the future development of the university may be expected from Mr. DePauw. If these conditions are not met in a liberal spirit, then the whole enterprise in its leading features will have proved it failure.*’ It seems to be almost conceded that the full amount of the proposed endowment, us first contemplated, will not be reached, but that Asbury will be greatly aided and put on- its feet, financially speaking. Even this is worth the continued vigorous efforts of every friend of education. ' Harper’s Weekly for the 18th tins a very strong and original cartoon on the temperance question, entitled “The Mill and the Still.” The artist, JfessF Shepherd, represents two figures springing out of a sheaf of wheat which makes the center of the composition. That on the right is a skeleton with death’s head pouring out ruin from a bottle of intoxicating liquor upon a family. The father lies on the floor In a drunken stupor. The mother sits brooding over her unfortunate lor, hardly conscious of the pleading of the child that stands before her asking lor bread or the oue that sinks exhausted at her side. On the other hand a beautiful female figure offers a loaf of bread to a happy, prosperous family, which they receive with gladness. The product of the still is sorrow and poverty; of thu mill, health, joy and prosperity. A Georgia convirit is really an enviable creature, if an exuberant correspondent in ihat State is to he believed. They live in camps and work in mines or lay railroad tracks, to be sure, but these minor inconveniences arc nothing. They fare sumptuou.-ly every day, and go to occasional picnics gotten up by admit ing citizens. Says the correspondent who was present at one of these festive occasions: “We nave never seen so many men together who were an well pleased with their superiors. They are woil fed and dollied, and pciieoilj’ salisflud
with their treatment. They could not be in duced to voluntarily leave nere, ai.d risk chances. All the natural surroundings art*conducive to good health, and with the excellent treatment received by the men makes them strong and active and valuable.” The writer vouchsafes the further information that “ a cleverer, braver or nobler set of men never managed convicts than those now iu charge.” Any Georgia nun who wauts to get into good society will, after reading this, go at once and become a convict. Mr. Jacob THOME, a Louisville alderman, died on Wednesday from injuries received while acting as pall-bearer at the funeral of a friend. In passing through a doorway the casket came so heavily against him that It ruptured a bloodvessel, resulting iu his death. A local paper suggested that the coffin be borne upon the shoulders of the men ns wap formerly the practice. A better plan is in vogue In Indianapolis. The casket is placed on a small platform wagon, built for the purpose, and this is easily drawn or pushed through narrow doors and aisles. Such as they have here, appropriately draped and provided with handles similar to those on tli6 casket, present a much better appearance than to have the usual crushing in order to pass into a church. The idea should be adopted elsewhere. ‘“The stout, not very tall nor yet very short man, with a heavy black* mustache, close-cut black hair, deep-set and quick brown eyes, wearing a sack coat and walking very fast, almost nervously, about the streets of Boston,’ says a writer in the Boston Herald,‘is Francis A. Walkor. No on? would think of stopping him unless he had something of moment?tq say. TUe first impression that one gets of him is that lie has something to do.’ ’’—New York Tribune. And the first impression is correot. General Walker has something to do, and that is to finish up that census, of which, so far, he lias succeeded only in making a mopstrous absurdity. Mr. Kirtland Fitch, defaulting cashier of a Warren, 0., bank, voluntarily guve himself into custody at Boston .ou Tuesday because his conscience troubled him. This act oil the part of Mr. Fitch has created some sympathy in his behalf on the part of certain soft-minded people. As tho defaulter had none of the missing SBO,000 aoout his person when remorse struck him, none of the creditors are likely to be benefited. The real value of a conscience when the money is all gone is not at once appureut to their critical e> es. There is a preacher in Georgia who warns the young men of liis charge against the sin of paying their addresses to young women on the Sabbath day, and exhorts them to postpone the momentous question until Monday morning. This preacher was probably led to adopt these puritanical principles through a vain hope of giving himself a fair show. He wants to circumvent t’;a worldly rival who sits up with his, the preacher's, best girl on Sunday evenings, while tho impatient divine is engaged iu saving souls. Science is being reduced to a very fine point in the region of of Hoboken. A meteor exploded there a lew nights ago. The able scientists of Hoboken observatory declare that tlio light was a dazzling white, much brighter than the electric light, and that the sound of the explosion was us loud as tnat of a brass cannon. It Is a finely educated ear that can detect the difference between the sound* of a steel and of a brass cannon. “The women operators were the bravest of the strikers, and they held out longest without faltering. The operators who have been taken hack'will take good care that their sisters in slavery and misfortune are not permitted to suffer.”—The Graphic. But will they take good caret According to the dispatches, the women operators at Boston and some other points have not been taken back, but no reports have yet come in of chivalrous young men withdrawing in their favor. “The Journal makes a very good defense for Indianapolis in tho matter of the encampment. Nevertheless, it remains a fact that there was a sense or lack of solin comfort and enjoyment on the part of the visitors, and ar feeling that it was a ‘grab game’on the part of Indianapolis.’’—Liberty Herald. Not denying the existence of the feeling, let us have the particulars of any “grab game?” Where and how does any “grab” come iu! Mr. Porter Rhodes has arrived in Paris with his wonderful diamond, discovered three years ago iu Africa. He claims that while it is fortythree and a half karats heavier than the great Koh-i-noor it is equally as fine a stone iu every respect. He is seeking a purchaser, and it is said that the leaning contestants are the Empress of Austria and the Czarina of California, Mrs. Mackey. A Philadelphia school-girl had heard that arsenic was good for the complexion, but her varied and extensive information did not include the fact that arsenic was a poisonous drug and not to be eaten like sugar. After she had been pumped out her complexion was no prettier, but she possessed one or two new and well-defined ideas. There is nothing like the object lesson, after all. t Os the 127,140 persons in English lnna.lc asylums only 154 belong to the classes known as “teachers, lecturers and professors. - ’ If they had the tenth of the number of “professors” there are in America, the figures would have to be materially changed. Two brothers at Coney Island were attacked by a footpad. They downed him and sat on him for three hours, and would have been there yet had they not bribed some boys to go and wake up a policeman. The American Institute of Christian Philosophy is holding a summer school at Richfield, N. Y. Is the country to understand from this that the Concord philosophers are a heathen people! Buttermilk, by u freak made a fashionable drink in saloons, is said to be made out of water, chalk and tartaric acid. Old Soldier, Zionsville: We know nothing of tho reputatlou of the pension agency you mention.
ABOUT PEOPLE. Mu. J. Stanley- Brown and the younger or the Garfield boys are roughing it ou the Western border. Lady Archie Campbell’s divided skirt at the Priuce of Wales’s ball was considered as not being unlovely. Theodore Thomas, In Utah, with a nice regard for the locality, put several wedding marches on each programme. TiiUHLbw Weed estimated his purchase of cigars during the eighty-four years of his lifo at $30,000. Dust to dust, ashes to ashes aud weeds to Weed. Du. Garnett, of Washington, who performed the final surgical operation on Judge Black, was Jeff. Davis’s family physician during the civil war. Mr. Mackey is not putting all his money into the Postal Telegraph Company. His wife lias just paid siu,ooo for a box at the Theatre Italienue, Paris. Miss Julia Constance Fletcher, the author of “KiSmet” and “Mirage,” is In Loudon, and just finishing anew novel, which will be brought i.ut by Macmillan and by Roberts Brothers, simultaneously. It transpires that Mine Janauscheck’s name, translated from the Bohemian into pure AngloSaxon, is Johusou. One oau more fully appro-
elate *the riehess and ripeness of the change when he contemplates the possibility—the ridiculous possibility—of the burly old lexicographer having been known to posterity as Dr. I Samuel Jatiatisohek. Senator George, of Mississippi, who boasts that nis sons are none too good to work m the | cotton field, nevertheless has a son who draws a ■ salary of $1,300 in the stationery room at Washington. Paper, you know, is sometimes made of I cotton. I Jack McDonald, who trained Heenan for his j prize-fights in England, nearly a quarter of a century ago, is now a needy hanger-on at Lon- . don places of sporting men’s resort. isn’t it i abouttimefort.be American people to chip in and buy Mr. McDonald a gin-mill! Ruskin’s enmity to railways is not altogether unreasonable. The pine forests along the Adriatic at Ravenna, Italy, celebrated by Dante and Byron, and which furnished the shipyards of Rome and Venice, nre to be cut down because tin excavation for a railroad has so drained the soil that the trees have died. The medical faculty of Parts has got an additional memoer in a young American lady named Mile. Viotorine Bennett. This youug lady had chosen as the subject of her thesis “Infantine Paralysis,” and sustained her arguments in a most brilliant manner, which elicited the applause of the'doctors on the jury. A tall, stylish-looking woman, leading a greyhound, p--sed the balcony of a Saratoga hotel, on which two gentlemen were standing. “What, a beautiful creature,” said oue of them, In a voice that proved loud enough for the lady to hear. Turning very red in the face she glanced angrily at the speaker and said: “You have no right to insult me, sir.” “Excuse me, madam,” he replied, “but you flatter yourself. I was alluding to your dog.” Henry Study, on dying at Ransom. 111., has left a strangely-acquired lortuue of $05,000. He was a cripple from birth. At the close of the war he donned the uniform of a soldier, made up a pathetio story of having been wounded in battle, and went ou a tour as a beggar. He was wonderfully successful, by reason of his clever talk and miserable appearance, and in three years accumulated tne sum mentioned. He ever afterwards lived idly on tho interest. It appears that there is more virtue in Vanderbilt than he is generally credited with. Mr. Leet. one of the editors of the Saratoga Season, has been investigating the matter and has discovered that during tho past few years he has disbursed $3,000,000 in private charities. This money has been distributed unostentatiously. None but his most intimate friends have known of the benefactions, but there are figures to prove that the money has gone to tho channels to which It was directed. M. Dk Lessees, meeting a friend in Paris the other day, was complimented upou liis fresh and almost youthful appearance. “It’s odd that 1 should he looking well,” responded the veteran; “for I have had a vast amount of trouble and worry lately.” “Ah, yes.” said the friend, “I know; those English and tho Suez canal.” “Not a bit of it,” broke in the ancient canul-cutter; “I mean tho worry about the illness of one of uy children. I have been passiug some anxious nights, I can assure you.” Years ago, when David Crockett was a member of Congress, and returned home at the close of the first session, several of his neighbors gathered around him one day, and asked questions about Washington. “What time do they ♦line in tho city!” asked one. “Common people, such as we are here, dine at 1; the big ones dine at 3, we representatives at 4, the aristocracy at 5.” Well, when does the President fodder!” “Old Hickory!” exclaimed the Colonel: “well, he doesn’t dine until next, day.” Springfield Republican; Minister Lowell used to talk iu a straightforward, honest American fashion, knowing whut he wanted to say and saying it, but now ho hums and haws like a peer at a county dinner or a lawyer In the vacation. “He was good enough to say,” and “I am bound to take for granted,” and “Perhaps I may be allowed to say,” and “My friend, if I may be permitted to call him so,” and a hundred more such circumlocutory and apologetic phrases—these make an American ear sick with a desire fora blunt word or two from Hosea Bigiow.
SPIRIT OF THE PIiESS. AS a matter of fact, the country is unable to accept all that the telegraph operators, the iron and st*el*workers. and the shoemakers can produce. Hence their wages are low,—Boston Advertiser. It is to be lamented that tho silver certificates were ever issued. They furnish a disguise through which The silver has been and is being insidiously forced on the community. They have served to aid in storing up wrath against (be day of financial judgment.—St. Louis GlobeDemocrat. It may be that tho market for securities has not yet reached a solid basis, but there is much reason in recent events to hope that it has. At all events, we. are working steadily toward a settlement in all departments of trade, even if in some it lias not yet been reached. When that settlement has been completed, a revival of prosperity is to be expected.—Now York Tribune. Wk area law-abiding people, but tho increase of this diabolical crime [outrage on wonienj admonishes us that the laws intended for its punishment should he made mote stringent. Imprisonment for a short term of years is not sufficient. M<*n committing such brutal outrages should he rendered incapable of repeating them, by the aid of surgery, and then he shut up behind prison walls for life.—Cleveland Leader. England has done all site intends to do for Ireland in the way of redressing grievances, and Ireland insists that what has been done amounts to nothiuir, anil that she must and will try more compulsion. This of course will bring retaliation, and English retaliation means misery for the Irish people. The outlook is certainly in the highest degree discouraging, ami wholesale emigration is apparently the only remaining chance.—St. Louie Republican. Tiie colored people have suffered enough already through the mechiiiations of selfish politicians, ami if they wish to improve their condition they should hold studiously aloof from all movements intended to identify them as a race with any political party or organization whatever. Taking everything into consideration, they have made amazing progress since the war, ami displayed remarkable and unsuspected capacity tor improvement.—Chicago Times. When amendments to the act [tho Chiucso law) are proposed to extend its application to Chinese subjects of the Queen it will probably occur to Cotvgress that special negotiations must be had with Great Britain before the adoption of legislation directed against any class of British subjects. And then, among other changes and amendments, it may bo possible to remove some of the more glaring absurdities of a piece of legislation upon which, to say the least, no American can look with prido.—Boston Journal. Wk are in agreement witn tho Nt-w York Herald, that (he people of the United States are wearied and disgusted with the assaults upon Garfield—with the writing up by backbiters, slanderers, thieves, and scoundrelly professors of sensations, of the history of 1880. with the purpose ot giving it a false coloring, that the liberal Republicans who nominated Garfield, and elected him, may be discredited for the < ontest upon which we ate about to enter. The. effort to patch history with lies will be u failure. Cincinnati Commercial Gazette. u-’E have only to say now what tlie Irish critic obserC“*d: “We saw in the beginning that this would be the of lr * an<l WM 800 th.it avo are right, for !M* not M'J* through vet.” Similar troubles will occur till !,£"'•* ami bettor artjuarment of capital and labor Is J** * Ul ““ more, and in a more serious vein, herearter. For the sufferers, win* seemed compelled to strike by their relations to organiz e ions, we have nothing but sympathy, ihe companies arc too Int ingible to move the. heart. “Corporations have no souls,” and though they *biced they cannot feel,—New York Advocate. Planting capital in bffnks, receiving deposits and lending them out, and buying and selling exchange, and discounting notes are essential parts of banking, bin coining money is not. If for any reasons that sovereign power of the emission of currency la delegated to private bodies, it should be exercised under restraints of the most careful kind, and tribute for the privilege should be exacted in sufficient amount to remind the corporations that what they are doing is in no sen so whatever an appanage of the bunking business, a somethin# which could
become a vested right, but the mere temporary assignment on sufferance of a sovereign prerogative.— Chicago Tribuue. POLITICAL GAMES. A Belief that Kelly and Hendricks Ar Sharpening a Hatchet. Saratoga Special. The letter of Mr. John Kelly, recently published, has been very much discussed, and has very much mystified people. To be sure, iti3 clear and unequivocal in its expressions, and says that he will support tho old ticket of 187 G, Tilden and Hendricks, if it is nominated, but this very clear uni until istabable expression is the one which people here will insist upon as being mysterious. This, together with the fact that Governor Hendricks is in town, is taken as meaning everything else than what it probably does mean. Said one gentleman: “It is a shrewd device upon the part of John Kelly to kill oil Tilden by announcing him so early as to kill him off.” Another gentleman of an exceedingly ingenious turn of mind said: “It is as clear as a pike-staff Jo me. Consider tlireo facts: first, John Kelly and Governor Hendricks are firm and warn*, friends; second, Governor Hendricks and Joseph E. McDonald are personal and political enemies, the State of Indiana not being large enough for both of them; third. Joe McDonald is a hot candidate for tho presidential nomination. Now, Hendricks wants to kdl oil McDonald’s candidacy. What more effective way man to start a boom for the old ticket and get Indiana on record for it? What could give tlie suggestion more force than to have the leader of Tammany Hall appear to be friendly to it? It would seem that New York was united on it. Couldn’t ’Tom’ Hendricks persuade his friend John Kelly to help him to the extent he already has done? Mark yon, both of these gentlemen are in this place now.” Whatever else other people may think of this idea, the gentleman whose words have been quoted above was quite satisfied that he had solved the entire problem, and that the motive behind the letter hail no secrets lie had not penetrated. In the meantime there are people here who are firmly persuaded that a reconciliation between Mr. Kelly and Mr. Tilden has been effected, and that the latter is a candidate for tiie presidency. and that Tammany Hall will givo him efficient aid. Tilden** Strange Double. New Yorker in Kansas City Journal. Near Rutlant, Vt.. there lived an old man who was formerly a traveling showman, and who is the sac simile of Tilden, so much so that during the campaign of 1876 the boys used to put him up in the torchlight processions and meetings as a sort of effigyTilden. Tilden had heard of him, as indeed he heard of everything during that campaign. There never was such an old fox, or such a memory. So when be had decided upon hia plans he sent for the old showman, and no one knows what passed between them, hut one thing is sure, the old showman neve< returned to Vermont, and none of his friends have since seen him. Do you catch on, young man? “You don’t mean to say that—” “Yes; but I do mean to say,” retorted the confident Gothamite, “that no one of the men who have visited Greystono or Gramercy park know’ whether they have seen Tilden or the old showman.” “But what lias he to gain by this masquerading?” asked the* mystified quill-driver, “Why, everything, my boy; he’s kept hia rivals from working against him, because they thought he would be .dead or in a lunatic asylum before the next campaign, atu| he has been able to lay pipe without fear of detection. The Telegraphers’ Fledge. New York Sun. The following is an official copy of the agreement which the returned telegraph op* erators are required to sign: WESTERN union telegraph CO Mr A NY-*-ao RF. !► MKNT WITH RE-EMPLOYED TELEGRAPHERS. I. , of , in consideration of my present re-employment by the Western Untoq Telegraph Company, hereby promise and turret to and with the said company that I will forth* with abandon tny and all membership, connep* tion or affiliation witn any organization or so* city, whether secret or open, which in any wish attempts to regulate the condition of my service or the payment therefor while in the ‘employment uow undertaken. Audi do hereby further agree that r will, while in the employ of said company, rendes good and faithful service to the best of my abtlti tv, and will not in any wise renew or re-entef upon any relations or meiuh. rt hip whutsovor in or with any such oazanizution or society. Dated ,1883. ; [Signed] : seal. ; [Address} Accepted for tho Western Union Telegraph Company. The Nerve to Give It an Airing. E linburz Courier. The People’s railway is one of the wildest, most unpractical hair-brained schemes evej sprung on the people. Doubtless that com* pany will find many dupes, but common sense ought to. keep the people from investing in such’ a ‘wild-cat” scheme. AU who deposit any money in the treasury of that company will learn to their sorrow that there is si big hole in the bottom of the coucern through which the money passes out as quickly as it gets in. The Indianapolis Daily Journal has the “nerve” to give it the airing that it deserves. _ Only the Gamblers Who Suffer. New Albany Ledger. We have yet to hear of a single legitimate business which has suffered from the impos* aubility of keeping up the gambler’s game, and as long as this is the, case the downward course of the market may be watched with serenity. Our only regret is that the lesson may not be severe enough to leave a permanent impression on those who need it. If i! should do this the Wail-street flurry would be an unmixed benefit. Jay hawker’s Work. National Republican. Probably no one man ever succeeded in demolishing a compact organization and demoralizing it so completely as has Judge Hoadly. All this because a successful "jayhawker” was at the right place at the right time with his little note-book. General Grant and Sunday Travel. American Reformer. Says General Grant: “I always tried not to travel on Sunday when I held office, and there does not seem to be any reasonable excuse tor it now.” Here is a long mark for you, General. _ A Valuable Legislature. Philadelphia Pres*. A man might get as rich as a plumber if hs could buy the extra session of the Legislature for what it is worth ami sell it to the peoplo for what it has cost the State. The Next Telegraph Strike. • Evansville Tribune. T. u “ telegraph strike is over, so far a* th operators are concerned. The people of the United States will go on a strike against Jay Gould next. In a Warm Spot. New York Tiins. The remark of the able New York Demo* ocratic editor, to the effect that Iloadlv is in a brimstonedilenrma, is as pertinent now a ever it was. No Room Even the Top. New York Lifo. The annual grind of nnvrn cadets at An. napolis must ce-ise. There isn’t 9te? Ci42e ,r>olJ ® now in the navy for even tiie commouSrtffL
