Indiana State Sentinel, Volume 27, Number 27, Indianapolis, Marion County, 20 February 1878 — Page 7

THE INDIANA STATE SENTINEL, WEDNESDAY MOBNING. FEBRUARY 20, 1878.

speech

or HON. A. G. THURMAN, OF OHIO, In the Senate of the United States, Wednesday, Feb. 6, 1H7H. The senate having under consideration the bill (i 1. 11. No. I,u9 ;) to authorize the free coin.age of the standar i r-ilver dollar and to restore its legal tender character, Mr. Thurman said: XT if PpirurnTVT.T nitwit m rtlftv nr fhetorlfl to-dav. I ftliall appeal to no passion, to no prejudice. I shall attack no men or class 01 men. I shall assail no one's motives, nor 'waste the tune of the senate in vindicating my own. I shall endeavor to pcak practical 3 upon a prac leal subject and answer, a best I can, the prominent objections that have been made to i nit bill and st .te Konieof the Tcunns why 1 nlve it my support. I Khali speak plainly. I shall he n plain, and I fear nsdnll.nsa piftc siatf; fori have no ambition to make what i-called a gieat speech, l want to g-t down to the business aspect ot thi-. bill, toconilder It faiily mid Justly, and to consider the objections to it in the sime spirit; and -when I shall have staled the convictions at which I li vu ai rived, after long and 1 think careful study, my ta)c will be completed. And I promise t lie annate that I will not weary its patieuce, for I shall speak briefly. Mr. President, silver and noli! have ben the metallic money of the world for thousands of year. They aiv also the money of our constitution. They weie th- etalli money of the rolonile and a terward of the United State from the ueclaratlou of .Independence until tdlver wnsd mom-Hz-d. by mUttke and without the knowledge of the people or congress bv the enactment f the reviiel etatuic in IN74. Iloth in tals are suied to i rftrm the function of money, and silver does perform that function nniongnlarge majority of the human race. Silver is especially united for small transactions, and may therefore be properly called the money of the people in humb.e circumstances. It follows fro-n these premises that the burden of proof rests on those M ho insist that silver should ItedtMiione ized I therefore proceed to consider piominent p -lulu that have been made by the demonetize rs and to answer them as well as I am able to do. 1. In the first place, it it said that to rehabilitate the dollxr oi 4!2i k rains wou'd defraud the public creditor. But Mr. President, this can not be true, for the contract 1 to pay In either e dd or silver of the standard value of the United sra'es on July 11, 1970: when theidlver dollar of 412 grams was full legal tender, with the right of unlimited coinage, and It is simply lmposslbl that a party performing his contract, (enteted luio by both parties to It with full knowledge X Its terms and effect) can thereby be guilty of frud or dishonor. In the second, place. I reply that both houses of congress h ve, by overwhelm ng majorities, decided that ii' such fraud would be perpetrated by paying the publ c creditors In silver dollsrs of 41-i gra ns. and I therefore feel authorized to avume that lor ah the pur pones of this debate that question bus been definitely settled. In tbe third p ace. it rem netizing silver wl 1 bring it to a par with gold the public creditor can not Ion-. Whether it will have that effect I will consider further along. II It is salu that to coin the slly r dollar of 412 gr Uns ad mate It full legal tender would defraud indivl iusl c real tors who have loaned money or sold property to other individuals since stiver was uemonetized; that Is, since June 22, 1X74 1. Mr. President, this is a great mistake. Every creditor of. the foregoing description Is compellable by law to receive greenbacks in payment unless his contract expressly pro "vldes for payment in m talllc money, arid these exceptional cases are not affected by the bill under consideration. Now, no o::e, I think, doubts that if the coinsge of the dollar cf gr-tiua be restored and It b made full legal tender, 'is value will be at least equal to that of the greenback. 'Hence no possible injury to the individual creditor sncit us that above supposed can, occur. lla is compellable no w to receive payment in gteenbucs, an I he cn not lose by receiving payme t iu silver dollars equal in value to tfreeti backs. 2. If, a h s bee . asserted, the averaee dura tlon of indivi.lu U d bti In the United States is about two years I ihir.k It Is less then ii is e.lsy tj see that the p lmtie of this bill can not injure any considerable u imlter of creditors, if. Indeed, H sliouid injure any, for It U certain that in tne next two yers not over tlfty millions of silver lol ars could be coined, anil nearly every uch dollar would be absorbed by the payment of customs duties and would be used for nothing else. HI. It is argued that if this bill paw silver will be a less valuable currency than go d and will ex pel gold from the country, in accordance with what is calltd ttresham's law, namely, that the less valuable currency drives ogt the more valuable. And hence several amendment have been offered fo Increase the number of grains in the silver dollar so as to make it an equivalent, as it Is saia, of the gold dollar. " 1. TMs objection to the bill rests upon the assumption lhat the silver dol ar of 412 grains, K mad full legal tender, will Do of less val ue tin. n i he gold dodar. But is this nssumpt on tru"? The relative value of silver and otd, if the silver dollar of 412 grains te coined and the gold dollar remain at Z.8 grains, will te part of standard silver for 1 part of standard god But in Trance and the other states of the Lai la Union the relative value is 15 of silver to 1 of gold. So that as compared with those states we undervalue silver; and vet the sliver flve-franc piece Is equal in va ue to the gold flve-franc piece, mi I here is more gold iu France than In England ami (Jermany together, though England has long since demonetized silver except as a subsidiary coin, anil tierniany has decreed It demonetization, though the has not fully executed her decree. I k-.ow that it is said that the reason why silver coins an: gold coins are at par la France and the other stales oi the Latin Union is because they have ceased to coin silver. IJut tfA.v have a stock rf silver coins that we can not for years Hcqui'e; thnt is, it will take years lor ns to aeon Ire an amount equal to theirs, and if they can now hiair.tUn a par between Silver and gold, at the ratio of 15 to I, why can not we maintain such a pir at the rat to of l.9a to 1? Nothing is more certain than that the depreciation 1 1 the market value of silver bullion is the result of the demonetization of silver by te many and the United States and the effort bihg made to demonetize It la the Xflftin Onion states. Kmotielize U in the fnited states ac-i It seems to ine that iho p obabie effect will be to jiut a 8top to its demonetization, elsewhere, mn l it does n t bring abiut the readoptlon of the oimetall e standard In those countries thrt have adopted, improvidmly as I think, the single gold s andard. It is not correct reasoning to treat silver simply as a marketable commodity, i-imply as bul-iou. fciuch reasoning loses sight of tlie valu thu resul.s from the i unction of money and the full legal tender qua'ity. If the greenback, which has no intrinsic value, no circulation outside of the United States, and Is but a limited legal tender even here, is yet within less than 2 per cent. tf par with g .Id, why should not silver money, which bat intrinsic value and which circulate over the gre t-r part of the loh, if ndowed with the lull ligal tender faculty, rise t a pr wl'h no!d, esp-clally if we rate the metals at 15.v to 1, whi'e mot other nations using both give bnt 16 for 1? One reason wliy Kreenb-icks have been and are depreciated is the tact that they have not been receivable in puyment of customs du'les or of interest on the public debt. But make the silver dollar f4U' KrMins full lesal tender and it will be receivable for both these pur poses, and It must closely approximate, if it aloes not reach, a r ar with gold. I believe that It will rea h that par. But suppose It does not, and suppose Gresham'sla to have its effect, to what extent wxu Ul gold expelled from the country tby liver? Manifestly only so lar as sliver kop planted It. Three hundred millions In gold could not be driven out by an Lue of lift jr millions of silver the utnjost effect roultt only be to expel tifty million of gold whone place would be tiz en bv s.lver and the volume of metallic money wou.d rem: In the wma. But would tne riity mil .nn of sold be . II.... VT ... I i . v. a .in VApvtieu i 1 rv UOIW VJJ17T uuiiurm IJIIllltU9 'was all the metallic mon- y that the country needed. If it needs three hundred and fifty millions, (and it needs more than thst to surely and Certainty maintain specie payments,) the gradual 8dJ lion of fifty millions of silver to three h'tnd ed millions of gol i would not drive sold out. Bat in truth we have not tne

half of three hundred millions of gold, and when we consider how slow will be the process of coining silver dollars we will find that we are in no immediate danger of losing our gold. If gold be expellee It will not be hu much by a silver currency as by our small notes. The one and two dollar notes tend to expel both gold and silver, whllo the five aud ten dollar notes drive gold out of circulation. Oo.d circulates largely in England and France, but tbe bank of Kugland issues no note of a less denoiulnaiion than &5 (125) and the bank of France now pays out no note of a less denomination than 1 U francs (nearly tO.l Those who argue against this bill because they want a gold currency not a mere standard of value, but an actual, free and custoixary circulation of gold coin ljise sight of the fact that we never have had, and never can have, such a circulation while we continue to use smail notes of either the banks or tne government Metallic money is said to have two faculties, namely, that it la a staudar.l of va ue aud an instrument of exchange. I shall not go Into the much d spuied question of its merits and demerits as a standaid of vamt or whttner It is posAib.e to esta lisn any such standard that will belnvarlab e; but it is obvious that to serve s au instrument for the exchange of property or service it must circulate. But it will not circulate, xcet as sub-ldlary coins. In any couutry that uses small paper mouey. Whether the people of the Untied States will ever give up the use of smail notes I no not venture U p edict; but, if they will no', they must agree that, with us, metallic money shall be Khoru of one of its functions, that oi a circuiting medium. The important bearing of this fact npon the bill belor us, aud upoi, the question ot resuming and main tain I. g specie pay nieuts, I shall pr sently endeavor to explalu. , IV. In direct opjK iltlou to those who ray that tbedoiinrot 412 grains if coined and made lullhg.il tender will etpel gold from thecountry, another set of reasoners sav that It is silver that will go out. Their reason lug is that money flows to that country where its purchasing power Is the greatest, aud that as silver la uuiiorva ueu iu thi dollar ot 4l grains as compared with its valuation in the states of the Latin Union, it will leave our count ry and flow Into those suites. Aud so 1. u idenbtedly would tend to do were those states to op u their mints to an unlimited coinage of silver five-franc pieces. But will they do so?, 1 think not. I think they will neither do that nor will they demonetize Oliver. 1 think that Fiance, for instance, dare not demonetize liver. But I expect that she wil- coin It to bu a limited amount o as to preserve its p r with gold. Aud If t iat blia.l continue to be her policy, we will be iu little danger of losiug our silver. V. Another objection to the bill the opposite of that last eonside ed is that if it become a la w we will be rt joded with silver;that tierman whl pour her surplus silver upon us, and our mines will produce so much that we will have more than ww know wnat to do With. I have no fears from Germany. It is said that she has eighty millions to spare. Sappose it were all poured Into the United States, I think that we could absoib it without injury. But will it be? C ruiuiy not, as it seems to me. I do -ot believe that Uermauy can spare eighty millions of her silver. But if he could, the gteater p.trt or it would be mucii more likeiy to go to Asia and to Kussia, Auttila aud Spain, to sy nothing of the Latin states, than to t ome to us who undervalue silver as compared with the ret ot the world. Nor do I thluK lhat we have anything to fear from an excessive product of our mines. I have not b-en considered an inflationist, but I know of no valid reason against enlarging our specie basis, aud If we are to have aud malutain specie payments It must be enlarged. VI. Another objection to the bill Is the well known a irumeui nuai st bimetalism. It Is said that bimetalism i incompatible with au unvarying landa u of value; Hint to have such a standard we must Use bu'. one hiatal; xnd that, lor several reasons, goid is preferable to silver. And the most gioomy pictures nave been drawn of the ruin that will beia.l our country if we return to bimetalism. Irhall not, Mr. li evident, go luio an exteudtd disussion of the bimetallic and monometallic theories, about which so much has been said and written, and upon wh en si ch opposite opluions are entertained. I piefnr to rest uion a few facts lhat can not be disputed ana hlch seem to me to be a sufficient answer to the objection. I pi out is , however, that it is by no means certain that the tandai4 ot value is less variable in monometallic than it is In bimetallic countries. An ahsolutt ly unvniyiug standard of value is au impossibility ; and the thinkers who have endeavored to discover such a staiidard have never been able to find It in uny one tiling. Neither go:d or silver, nor any annual product 'f the earth or of Ii man industry, nor the waesof lalior, (once lusisled upon as ihe best standard,) have been found to soive the problem. Aid hence it ha been argued, with no littie z al, that tiie average price or the average cost of productiou, ot a number of commodities, some say as many as 2.J uuist be lak . n to find a standard of value even approximately correct. I merely glance at these f peculations of ingenious mi u aud rely upon the Judgment and expe.lence of mankind, who, lor thousands of years haveconldeiel and lound void and silver to turnish the nearest possible approach to an unvarying standard, and the safest, though not tue most, convenient instrument of exch.ti.ge. 1 am content to rest upon this experience, which lias been full, ample, enduring, uutll something better shall be discovered, . shou d that event ever take place. But now, in answer to tbe glooruv forebodings we have heard, the predictions of tuin should this bill become a law, I wih to appeal lor a moment to ihe teachings of history. Mr. President, has thete ever been, so far as we know, a more prosperous country than were the United States from 178!) to 1 61? Ihd any nattou ever exceed the progress we made in popuUiiou, wealth, education, refinement and the general well being of the people in thoe 72 years? And yet during ad that period we had bimetalism; for we gave no preference to C'-ld over sliver, or to sliver over gold. Those meta n fluctuated then as they have done since, aud probab y ever will do, bu; n American staUsman of that period thought of demonetizing either. Urea. Britain bad set tbe example ol demonetizing silver as earlyas I.hiH. aud a iopied the single gold standa d, but neither tuAmerlcau people nor the American congress thought Oi following that exampie. And now, Mr. President, let us turn to Europe f r a moment, and what down hear? The wailings of thousauds of laboring men, women a. d children thrown out, of employment; the cries of aui;uish of thousands of o her men who but a year ug were rich, but now are bankrupts; in a word, the same notes of sorrow that m aftlict our i ars in our own distressed laud. But from w hat countries do they mainly come? From two, sir- from iwi from go'd, monometallic England and gold, monometallic 'iermauy; while bimetallic France, the land of silver ell as gold, enjoys a pio-perlty hardly exceeded by lhat of any ioIe on the eaTth. Aniontf th gloomy predictions that have hffn uttered in this debate is the assertion that if this bill t miss our foreign commerce will lie dijo!nted and the national credit be destroyed. Our iireizn commerce disjointed ! Why, sir, have we not cirried on the business of this country for the last sixteen years upon an lnconvcrtlble pper currency, and has our forHuii commerce Ix-n detryel or disjointed? lwe not Jinport all we need? Ikwenot export mr.re than we ever before exported? Is not th balance of trade.'tn uur favor? And If all tills be tiiiewith a home currency of Inconvertible paper in ney, how can any man who has the faculty of thought seriously believe that onr condition would be worse with an ample basis of metallic money to support our paper issues? The national credit detroyed! How destroyed? By complying to the letter with our national obligations; by paying precisely as we promised to pay? efr, when silver was demon tized li whs worth more than void.

We seemed to have elected to pay our ob Igaj p:i Did tlonslnlhe cheaper metal. Did that destroy tn national cred t? KiiKland. lit ISlft. adopted the Mingle eold standard when gold was cheaper than sliver. Did that destroy her credit, did that humiliate nd degrade her In the eyes of tne civilized world ? No, Mr. President, the United Btnte need no such prop am the single g' ld standard to support thtlroreOit. Tie resources of this country are t mo great and too wel. known, her fidelity to her lillrit ons 1ms been to well proves I, for her credit to suffer by her return to lier ancient, constitutional and well approved policy. And for one I long for the day. which I nin too old ever to see, but which wla co i.e. wht-n our obliKstlons, nation ul. state, municipal and oorporate will lie htlil at home and not abroad; when there will be no annual drain of tue resources of America to impoverish nnr people and enrich foreign nations. -Our iKiods wl.l be returned fiom Kuropelf we pass this btil," cries an alarmist. No, sir, they will not bereJurnedjor 11 fioy be to some Luall extent, or even lu great amounts, they

will soon be recalled. The telegraph says this morning that 11,1x10,000 are on their way from England. Thev will be getting back there very soon, whether this bill pass or not; for were every one of them payable In silver coin, and were the depreciation of sliver to continue, the interest upon them would be greater than any equally safe European public stock affords. But, again, they wul not be leturned unless they can Mud purchasers in the United States. Suppose they do find such purchasers, will not every one of you. senatois, congratulate yourself that our publ le debt is held at borne? Will not every one of you remember lhat a principal reason why England can endure her Immense lndebuxiues, why France can live under hers. Is that Kugl sh debts are held by Englishmen and French debts by Frenchmen? And will you not hail the day when American d bts shall be held by Americans and by Am- ricaus alope? REASONS IS SCPPOKT OF TIIE BILL. I have thus, Mr. President, endeavored to answer the principal objections that have been made to this bill. In doing s , I have necessarily Indicated som of the reasons that inuuce me to give it my support, i wish to enlarge a little - upon some of those reasons and to briefly st te cue or two more. Then my task will be done. 1. Mr. Tresid-nt, tbe people c.f the United States have been so long accustomed to a paper Currency, and it has been found so convenient, that it is not reasonable to suppose they will ever discard it. indeed.it is not probable tht, for many years to come, they will even consent to 1 lie disuse of small holes. Our currency then will continue to be almost wholly paper money, aud the problem to bo solved is upon what basis shall it rest. Shall it consist of government issues resting upon the public credit alone or snail it rest upon a specie basis and be convertible into coin at the will of the bol ters? Alt those who oppose th s bill are In favor of the specie bads, aud it is to them that I address myself when exp ess the opinion that we cau not maintain a paper currency couveitible at all times into coin, unlets we employ silver as well as gold 1 of its bae. We all know how often suspensions of specie payments have occurred even when botii silver and gold were legal tender, and how can we doubt that they would be inure frequent and of longer duration should we have gold alone? There Is more silver coin than gold coin In the world, aud yet In many countries specie payments are not maintained. How much more diidcult would it be to resume aud maintain such paymeuts should the ue of silver as legal tender money be discontinued? As long both gold aud silver are used we will have the whole stock of both metals throughout tbe world to draw upon. Contluuj the demonetization of silver and we will have less than half that stock to res rt to. Mr. President, I may be greatly In f rror.bnt it does seem plain tome. If we refuse to make silver, equally with goid, a la I legal tender, the idea of a specie payment paper ennency in the Untied Slates will ere long be abandoned. Under our old state bank system snecle Cayments was often a delusion. Make nothing ut gold legal tender.asthe uioet of the opjsiueuts or this bill contend, and they will be more of a delusion than ever. And it will not take much time for the people t,o discover it ai.d to come to the conclusion that a promise that Is made only to be broken, and with great loss and suffering to them, ouat not to be made at ail. I do therefore most earnestly maintain that every opponent of an irredeeinv ble currency, every friend of a specie currency or a specie oasis, ought to insist upon th full and complete remonetlzatlon of silver. In no other way.ai It seems to me.can specie payments be maintained, aud I must freely on less that this wl 1 not be enough to prevent suspensions from time to tlm. Wh ther our paper cur rency shall consist ot government issues alone or bank issues alone, or partly of one and partly of the other, we will need a larger coin basis than we have ever yet had iu order to avoid Mispensions; and not only that but also otuer safeguar s that It Is not necessary to spte nlate upon to-nay. 2. Another reason why I support this bill I have already mentioned, namely, that if it become a law its tendency whl be to put a stop to the demonetization of silver in other countries. M e hear it said by very many persons that silver money Is a good tiling, but 1 liat in order to use it to advantage and without loss, its relative value to gold must be i'rmauently establish d, and must la the same in the chief commercial nations of the wonu, and that to attain such a retaliation of value and make it peiiiiiinent a compact between those nations is indispen'iabie. sir. I do not deny that such a compact, if faithf.iliy ex cuttrd, would be of immense advantage, but I do not fear to assert that II we po-iipoue the temonetizntlon of silver until suehaconijuet.be made, it will never be remonetized. The un y way by which you cau induce the nations to ueKOtlate upon l lie subJ ct or to come to a common ugreepienl, whci her by treaty or otherwise, is 1m targe our country alongs de of the bimetallic states. Iet ihe commercial woild know that we do not intend to discontinue the us of sliver and other uatio s, stiengtlitned by our example, will continue to u- it, and may in time come to a uen.Mal understanding with you what shall be lis relative value to gold. 3. Another consideration, it wems to me, deserves the earnest attention of the senate The United states is the greatest silver producing country in the world. It is one cf the greatest products of our country. Many mil lions ol dollars and the labor of thousand of men arc employed in Us production. Now, It does seem to me that to destroy or to cripple this Industry would be not only bsd f.ollcy, but also ciul injustice. I shad leave l to ihe senators from the silver producing s'ntirs o speak at large npon this iheme, if they sha 1 see fit to do so, as I hope they will; but lean not hlp making my earnest tnough It may be a feeble pro1 st against the destruction of a great Americtn lnoiiitry without Jnst cause or wise motive, its I nrmiy believe, and to the great injury of a laige body of enterprising capitalists and a far Urgerbodyof meritorious laboring men. Mr. President. I shall not detain the senate longer. I have endeavored ns briefly as I possibly could to state my reas ns for supporting this bill and to answer as well as I could most of the objections 'hat have been urged agilust it. I am very well aware lhat I have done It quite feebly; but, sir, it wasaduty that I owed to msvlf, to my constituents, and perhaps to the senate, t: express my opinion, i now surrender the floor. .

Inerst.!. Washington Correspondence of the Chicago Times. I The handsome heathen said to me that his daughters, both grown, had never heard a sermon or been in a church in their lives. They had never heard a blessing asked at the table butonce. Then they were vijitibg at the home of a deluded Christian re'aiive. When grace was said the whole Ingroll family bad hard work to keep their facs straight. Most persons evt-n devoid of ordinary religious fervor would not see anything excessively funny in a Juan who believed in a Supreme lining thanking that Father, but to the Ir.gersjlls It was fidesplitting. ?sot only does the paterfamilias not believe in G i, but he don't believe in chrtrches or school. Hischildrcn have never been to school. "In schools pupils study geography for J-ears. A person who has o"j sensa has no use of georapby; any one who has sense can learn all the geography tbey need in 15 minutes," said the startling reformer. "In arithmetic everything is studied wronp;. Geometry should be the the first form of mathematics. You studied cube root before you knew what a cube was what it looked like, how it was drawn didn't you? Very well. That's all wrong. In grammar a scholar don't want but one lesson. Verbs and nouns, adverbs, pronouns and every irregular verb ought to be scratched out of the language. Irregular verbs do all tbe damage ciuse all the trouble." Clea llnuU lu Klunnce. Clean bands in matters of money among tbe young certainly onght to be the indispensable condition of geutlemanliuets. No man who borrows and does not jmy, aud does not care whether be pay. or not, is a gentleman, no matter how wit y, or Kay, or line he may be. To speak in good plain English, tbe man who dresses himself at another's expense, not Jcnoing how to pay. not caring whether he pays, is a genteel scoundrel; and yet such things are done by good natured folk, by kind hearted people, by persons who never probe them morally to ascertain what their tendency is and what they lead to.

NOTICE OF SALE

LAUDS MORTGAGED -TO THECOLLEGE FUND. Notice Is hereby given that the following described lauds andlot-,or so much 01 each tract, parcel or lot, as may be n ceshary, will be offered at public sale 10 tbe highest bidder, at the court house door, In the city of ludlauapo lis, IudUna, between the hours of 10 o'cloca a. m. and 4 o clock p. m., on Monday, April 2?, 1878, tne same being mortgaged to the state of Indiana to secure tue payment of loans fiom, or sold on a credit, on account of the College Fund, and forfeited by non-paymeut cf interest due It: 'o.l30. Tneeasthalfofthe southwest quarter of section 5 in township 15, north of tanee 7 east, containing eighty acres more or le s in H ncock county, Indi na. Mortgaged by Harry Pier-win and Iletsy Pierson, his wife; princlpt l.JiTU.OO; interest, r.500; damages, J13.W; costs, fU OO. Total, JJ303 90. o.41t. Commencing at the north westcornerofthe west half of the southwest quarter of section 2, in township 13, north of range 5 east, running thence south eighty poles to the center of the Blurt' road, thence east wilh said road to a cherry tree, thence north to the north line of said quarter section, theuce nest to the place of beginning, containing twenty three acres and fifty-three poles, in Shelby county. Mortgaged by Thomas J. Xorvell and lbby Norvell: principal. $100.0 ; interest, t".30; damages, IS 2(; costs, f 12 00. Total, 11 2 54. Jfc'o 638. The not theast quarter of section 32, in township 7, north of ran ire 10 east, containing I WJ acres; also the southwest quarter of tbe 1101 th west quarter o: sectiou 5, iu townsbio 6, north of rauue 10 east, containing 4:1 acres and sixty-one one hundredths acres, all in Rinley county, Indiana. Mortgaged by Sarah A. Vail; principal, JJj74.tjO; interest. .1.40; damages. $36.87; co- ts, ? 12.00. Total $7X6.27. . 61. The east hall of the southwest quarter of section 3, in township 15, north of range 7 east. In Hatic cfc county. Mortgaged by Lewis Hebnstian. Jr., and Ellen K. Sebastian ; principal, f."mMiu; Interest. Mllij; damages, r..!; costs, 112.00. Total, yn.ZHS. Eight acres and eighty-six hundredths of nn acre o(T the south eud of the west half of tie n rth west quarter of section 11, In township 15, range 4, east. In Marion county. Mortgaged by Cornelius W. Vsn Houten; principal, f.JHO.Oi); Interest, f.12.00; damsges, f Itf.tiO ; cost , 1 1 2.W). Total , $423.60. . 797. The undivided one-half of the following described lnuds, viz: The east hslf of the southwest quarter, and th, southwest quarter of the northwest quarter of section 31, township H, north of range 7 west, confining in all one hundred and twenty acres, more or less, in fountain county. Mortgagi-d by William II. Whit and Elizabeth Vnit, bis wife: principal, JluOOo; Interest, U.'U0; damages, Si2.:i; costs. 0. Tot I. $177.46. fin 709. All of the west half of lot numbered one hundred ud twenty one, in thu original plat to the city of Lafayette, Indiana except twenty-two leet ofT' f the est end of said west half, liere'ofoie conveyed to the city of Lafayette by deed dted April 3, lSio. and recorded In Ded Iiec -rd No. 35, on pages 290 and 231, In the recorder's office of Tippecanoe county, Indiana. Mortgaged by Jay Mix; principal, f-'wiO.hO; interest. tf7.00L damages, 8i9.35; costs, tlioo. Total. ffc.S.-5. , The southwest quarter of ihenortheast quarter of section 22, township 11, north of r-tnge one east, containing 4 1 acres, in Morgan county. Mortgaged by Ilenjamln F. Rll-y and Elizabeth J. Riley, h s wife. Principal, fH.i; interest, $41.00; damages, 23.15; costs, $12 r0; total, $ .!W.15. No. HTi. All of lot No. 5 in Samuel Merrill's subdivision of outlot number one hundred and our. In the city- of Indianapolis, Indiana. Mongaged by John V. Brorgh and Sarah E. Brough. Principal,!. O0; interest. 21.ifJ; damages, fl vM; costs. I2. 0; total. $V2.20. :t7. Lots "R ' and in James M.Rsy's subdivision of the south and etsfr parts of outlot number one hundred and fifty-hlne, lnth. city of Indianapolis. Indiana. Also the nndivlded Rcveii-elghteenths o the following described tact of laud, viz: t-eginnlng at. the southeast comer of the "northeast quarter ot section No 7, tn township No. li, north C-f ranee No. 4 east; running thence north seven chains and m links to the Michigan road ; thence north seventy And 'J degrees west wilh f h south side of aid road two chains and t"i links: thence south, and parallel with the section line, eight chains and tt) links; thence e-sttwo chains and 49 links, to the place of beginning, con fining two acres, in Marion county. Mortgaged by David ft. Chaise and Sar ill Ann Chaise. Principal, $0O.oi; infrest., 4".7'; damages, f277; C06ts, f!2.0o; total, fo502 No. S77. Part or Jot 3 In the subdivision by Ellz ih.;th Frazer of the southeast quarter of outlot numbt-r 3 In the oltyof Indian a poll, Indian, aud described as f.illows, to-wit: Beginning at the southeast corner tf said lot No 3 on North street, and running thenc? north 88 feet to a point in the east line of said lot No 3, thence west 30 ftet to a point in the east i'ne of the 0 t'-ot alley on the west sido of said lot; thence south and p:ral el to the first line 8 feet to a point in the south line of said lot on North street, and thence ess- 3T feet to the place of beginning. Mortgaged by Nsrclssa Cook. Principal."! O0.O1I; iuiereRt, f.jl.5j; damages. $27.W; costs. $12.00 total, f.VU.OT. Mo. 977. The northeast Quarter oftbe southwest quarter of section loin township 12. north of range 2 east, containing 40 acres, mote or less, in Morgan county. Mortgage by George V. Pettet and Nancy E. Pettet Prlucip.il, fcV00; interest, $71 00; damages, $.3.65; costs, $12.1-0; total. 6I3 5. N. 9H. The northeast quarterof the southeast quarter of section Jo. 2, township north of range 7 west, in Jasper cum y, Mortgaged by David H. Yeoman and Emnia E. Yeoman, his wife. Principal, f.jcn.i.ti: inu rest, .y.)M); damages, $"70; costs, 12 0J; total, !3MI.5!. 1 . 1.020. Twenty seres off north' e".d of the norih quarter of the northeast quarter of s ction No. .1, township Xo. 12, north range one esst, in Morgan county. Mortgaged liy Ahaham Ktipp and Nancy Htlpp, hU M-lfe. Principal, J5O.00; interest. $1.00; damages, $:6.Vi: costs, $12.it; Ut si, S.'jtKt.r.j. So. 1,011. 'fhe northwest quarter of the southeast quarter end the southea tof the southeast qu.trter of section 6, townshlolO, north of range 4 east, in Brown county. Mortgaged by Conrad J KNkey and Rebecca K Iskev, his wife. Principal, Svtfl.UO; interest, $;iX.K5; d m- ges. $19.41: co-ts,$!2 uo; tot d $IJ0.l 1,017. I ots numbered vr x 31 snd 35 in JohuU. Webb's subdivision of lots nu obied 13 15 and 16 In H r.way and llanna's Oik Illll "Uburb to the cltv of I udlanapolis, lndl inn, In Marlon county. Mortgaged by KlJ.abeth Hauiev. Principal. fViO.OOiinteresMo'.iO; damages, S27 .60; Cor's, H2.U0; total, fold 00. No. I.OoO. Lot No 2 in J. M. Myer's resnttdivision of lots numb-red 51, 57, 58 and 59 in Drake and Mayhew's second addition to the city of Indianapolis, Marion county, Indiana, Mortsfal by James M. Myers and Mary . Myers. Prlnelpa', $"kH).0O: interest. J50.50; damages, f27.A2; costs. M2.(X): foul, K1K9.R2. N. l.o. liOt No. 4 in John Young's first addition to University place In the town o' Irvington, al4idi,nton the rc rder's plat of same, being 50 l-et front on National avenue by 181 feet deep to an alley, in Atarloi county, Indiana. Mortgaged by Annie C. Yon ig. Principal, IJOO.CO; interest, 1 12.8.1; damages, $10 A; costs, SI2.I4) total, $ "S .44. The above described lands and lots will be flit offered for cash. Khould there be no bid they will be Immediately offered on a credit of Ave years, with interest at tbe rate of seven percent, per aunura payable in advance, but iu Deither case will any bid be taken for ft safe less than the trlnclpal, interest and costs due as above stated, together with Ave per cent, damages on amount of sale. Sixty days are allowed the original mortgager or bin legal representatives for rdemptlon npon payment to the purchaser of such riama are flied byUw. , E. 1IENDERHON, Auditor of State. Offlco of Andltor of 8tte, Indianapo'ls, Ind., Kebrtiry 15, 1878. WANTED IMMEDIATELY, Agents to sell Navln's Explanatory Block Doctor, thn New Illustrated IlLstory of IndlroeutsioaenU AddreJ. W.LANKIKEE . 1 ... , .1 a vaj., i auiaua;oiui iiiu.

Baker, IIord & IIexdricks, Attorneys.

STATE OF INDIANA, Marion county; ss: In the Superior Court of Marion county, in the state of Indiana, January term, 1878. No. 21.0S0. Jonathan Edwards, trustee, Christopher Zimmerman, U orge Kandell, Merchants Sayings Loan and Tj ust Comntny of Chicago, Bank of Montreal, Samuel Miller, et aL Be It known, that on tbe 24th day ot December, 1877, the above named plalntill. by his attorneys, filed in th office ot the clerk of the Superior Court of Marion county, in the state of Indiana, his complaint against the above named defendants for foreclosure of mortgage npon real estate, and on the 3oth day of January. 1878, the said plain till filed in saia clerk's office the affidavit of a comiietent person showing that said defendants, George llandell, Merchanti Savings Loan and TtUnt Company of Chicago, Ban a of Montreal and Samuel M I1U r, are not residents ot trie state of In diana. Now, therefore, by order of said court, said defendants last above named are hereby not! fled of the filing and pendency of mi id complaint against them, and that unless they aprtear and answer or demur thereto at the calling of said cause on the second dsyof the term of said court, to be begun and held at the court house in the city of Indianapolis, on the first Monday in April. 1878. said compiatnt. aud the matters and things therein contained and alleged, will be heard and determined in their absenee. AUSTIN H. BROWN. feb6-3w Clerk. Baker, IIord a Henorick, Attorneys. STATE OF INDIANA, Marlon county, ss: In the Superior Court of Marion county, in the state ot Indiana, January term, 1878. No. 1,018. Jonathan Edwrds, trustee, vs Patrick Greany. Charles F. Meyer, August it. Merer, lxuls C. S:eet, Thomas 1-. B. Hone, blNe'oter Schofleld, Thomas tireany. Be it known, that on the 27th day of December, 1877, the above named plaintiff, bv his attorneys, filed in the office .of the clerk of the Superior Court of Marlon connty, in the state of Indiana, his complaint against the above named defendants for foreclosure of mo 'gage upon real estate, and on tbe Slst day of January, 1878. the said plaintifl riled In said clerk's office the affidavit of a competent person, showing that said defendants, C harles F. Meyer, August B. Meyer, Louis C. Sleet, Thomas S. B. Rose, Silvester Hchofield and Thomas Greany, are not residents Oi t e State of Indiana, Now. theretore, oy order of said court, said defendants last above named are hereby notified ft the filing and pendency of said complaint against them, and that unless they appear and answer or demur thereto, at the cauing of said cause on the second day of the term of said court, to be begun and held at the court house in the city of India naiolis, on the first Monday in Arrll, . 187, said complaint, and the matters and things therein contained and alleged, will be beard and determined In their absence. AUSTIN II. BROWN, feb-3w Clerk. THE VERY BEST THRESHING ENGINE In tbe United States is that made by SINKER, DAVIS & CO., Indianapolis, Ind, This is an old established house, and has been In successful operation for more than a quarter of a century. Write to thm for circulars, and say you saw this poticein the Weekly Indiana State Sentinel. " '., Is the most beautiful work of the kind in the world. It contains nearly LiO pages, hundreds of fine illustrations, and six cliromo plates of Mowers, beautifully drawn and colored from nature. Price 50 cents in piiper covers; Sl.00 in elegant cloth. Printed In German and English. Yick's Illustrated Monthly Magazine, 32 pages, fine Illustrations and Col red Plate in every number. Price, $1.25 a year, five copies for $5 ih. Vick's Catalogue 300 illustrations, only two cents. Address, JAMES VI CK, Rochester, N Y. HENDERSON'S COMBINED CATALOGUE OP EVERYTHING FOR TTTK GARBEH Nnmlierlng 175 pages, wh Colored Plate, teatjrtt tocustomcrsof past years, and to all iiurcha'ers of onr book.clther(flrrfeai4ror 'rofit.l'rarticat FlorieulturtTUarUeninffor ei:-(pr Ice 1.50 each, pn-pnid. br mall). Toothers, on receiptor 2ic. Plain Planter Seed Catalogues without Tlate, free to all. PETER HENDERSON &C0. Sertitmen, Market Hardeners, and J- Ion its, 35 Corttandt Street, New York. IFARbia ERSOBWSESI MANCTFACTOK.Y OF GFIST MILLS OF Frcccn Enrr Stone. Extattlishetl F0&TABLE MILLS. For Farmers. KawMlJ 0ners.&c. Price from f"! up. A boy i5i can grind and keep iu t-'-Jj order. Adapted to i-e anv kind of Kultable power. Keif oiling; 8-lf-feedli g. NOKDYKE, MAHMON A CO.. Indianapolis. LIEBia"S Fever and Ague Cure in liquid o pills. Positively cures any a tad of ague eiLher first, second, third or seventh day ague and keeps U off It taken HecorditiR woirectlons. C ires sick heauach,. neuralgia, female debility and the liver, strengthens the blood and stomach, orings into harmony nature a laws of health. Warranted to do good or the money refunded. If your druggist dont get it for vou Rend the proprietors 50 cnts or f 1 and gt'tUtree. Hold bv druiwiHti. PERSHING CO., proprietors, Plymouth, Indiana. Agenta wanted everywhere. Jul 17-am O DP I XT 2Vt Habit Cured. A Certain ad Snre fare. Itrare redne tla tn prtre. A trlnl lxttl fre. Mm. J. A. lKOI.l.lKUr:itt Utporte, Ind. Box 1038. (Koxmerly Mr. Pr. a. Collins,)

1 ATLAS WGRKSj

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SMOOTfllXG, GL0SSL9, FLUTHG, Crimping and Band Iron.

LAI ELY IMPROVED. Every Iron and Its attachments heavily nickei-plated and hlith'y po inhed. The chean est, handsomest and besi. GlosslDg, Fluting-, Crimping and Kan j Iron In the world. Five irons on one handle andech ron complete in ltelf. with its adjustments so a mple that a child can adjust them. We wnt aentaia every county in the Union to sell this beautiful, uetul and saleable article, t whom exclusive agencies will be given FREE, affording an unsurpassed opportunity to make money. Send postal card for circulars and t nns We will send sample irons to test, cmp ete with, starch, receipt, order book, eirculara. laige posters, etc., on receipt of the remarkable low niceofri5d. Dont fail to send for samples. We guarantee you will be delighted with it. Address HOjIE IRON CO, Box 900 Pittaburg, Pa. Baker, IIord a Hendricks, Attorneys. STATE OF INDIANA, Marlon county, as. In the Superior Court of Marion county, in the 8 late of Indiana, January term, 1878. No. 2..1H. Jonathan Edwards, trustee, vs. Johnson II. Rom, Alexander D. Ross, Amos N. King. James Boyd, Frank E. Suck ney Thomas h. Stinson, Arthur B. Lomr, George II. Long, John 8. Long, Thomas B. Collier, James M. McKee, Budd, et aL Be It known, that on the 2Sth day of December 1877, the above named plaintiff, bv his attorneys, riled In the office of the clerk of the Superior Court of Marion county. In the state of Indiana, his complaint against tbe above named defendants lor foreclosure of mortgage on real estate, and on the Slst dav of January. 1878, the said plaintifl nled In said clerk's office the affidavit of a competent person showing that said defendants, Alexander 1. Ross. Amos S. King, James Boyd, Frank E.Stickney, Thi maa D. Htinson, Arthur B Long. George H. Long, John . Long, Thomas B. collier, James M. McKee and Budd, are not residents ot" the state of Indiana. Now therefore, bv order of said court, said defendants last above named at e hereby notified of the filing and pendency of said complaint against them, and that unless they appear and answer or demur thereto, at the calling of said cause on the second day of the term of said court, to be begun and held at the Court House in tbe city of Indianapolis, on the first Monday in April, 1S7S, said comulalnt, and the matters and things therein contained and alleged, will be heard and determined in their absence. AUSTIN H, BROWN, febd-sw Clerk. V. VtT. Woollen, Attorney. STATE OK INDIANA, Marlon County, ss. In the superior court of Marion county, in the state of Indiana. No. 1'lni, Januaiy tcim, 1S78. James II. RudJell et al. vs. Geonre C Stelnhaur, Mary C. Hteinhauer, his wife, Adam Nilbermau and siibernian, hisw.le, et al. Be Hkown, that on the 17th day of January, lhis, the above named plmntitfs, by their attorney, tiled In the office of the clerk ot the superior court of Marion county. In the state of Indiana .their complaint against the above named defendant for foreclosure of mortgages on real estate, and on tald 17th day of January. 1S7X, the said plaintiffs filed in said court the affidavit of a competent person, showit g t hat said defendants, Georae C. steinbauer, Mary f. Steluhauer, his wife, Adam Sllberman and Hiloerman, bis wife, are not resident of the state of Indiana. Now therefore, by order of said court, said defendants last above named are hereby notified of the filing and pendency of said complaint against them, and that ule r thev appearand answer or demur thereto, at the calling of ssld cause on ihe second day of the term of said court, to be begun and held at the court house in the city it IiidianapolU, on tbe first Monday in Match, 1ST, said complaint, and the matters and things therein contained and alleged, will be beard and determined in their absence. . AUSTIN II. BROWN, Clerk. feb-3w W. W. Woollex, Attorney. STATE OF INDIANA, Marion county, ss: in the Superior Court of Marion county, in the State of Indiana. No. 21 b3, January term. hex. James H. Rnddell et al. vs. George C. Steinbauer. Mary C. Hteinhauer. his wife, Adam btlberman and bilberman, his wife et aL Be it known, that on the 17th day of January, 1878, the above named plaint UN. by their attorney, nled in the office of the clerk of the Superior Court of Marion county. In the State of Indiana, theircoraplaint against the above named deleudantsfoi fort-clonuie of mortgages on teal estate, and on said 17th day of January, 17S, the said plaintiffs filed in said court the affidavit ot a competent person showing that wi;d defendants, Ge. rge C. Sreiuhauer, Mnry C. Melnhaner, his wife, Adam Kiiberman and Hilberman. his wile, are not residents ot the state of Indiana. Now. therefore, by order of naid court, said defendants are hereby notified of the filing and pendency of said complaint against them, and that unless they appearand answer or demur thereto, at the callinji of said cause, on the second day of the term of said court, to be begun arid held at the court hoose in the city of Indianapolis on the first Monday in March. 187, said complaint and the matters and things therein contained aud alleged, will be heard and determined la their absence. AUSTIN II. BROWN, feb6-3w , Clerk. Dr. JAMES, . XrOrf Jiospttai 2 04 Washington St Ccr Franklin, CHICAGO. Illim t far lbeA prM purpw of frivinr imnicdUi relief la ) 1 cn of p ri v ate.chroti ir nnd nrinarr digm la ail tbHr ooni licsinl fbtna. It U wU kooD Ir. Jinn hu ftood at the ni of tb? pi-ofeloa far the at ti'irtr years. Aa nd xperl-nr are all Inpor tm n t bemna I eak nirhttoara br Arrim, nle. mi th. too, km manhe4. e vaatlna th mom deltnau attrotloa, nil w wrt-. home fnr patienu. A bonk for th million Sfma Gaio which tdla th all about thev diaran. who ikmU Di.rrr, why wot, 10 erttts pr po-tfcr., nr. JamM h. hftT rniw i mmA pmiimw Too Me wo one bat tho tnctor. ftic iHiar.. . W V p. bl; 8iwU, ISIolL Di.jmUIOiiinrfiK Till b.' nailed FIIKR , .li.prlie.su. It cm) about IjU B3tt. .Dd full dnerii.ii,.. : - mmA iliwllM.. k : . rmrttrm ct Vefrtahlo .u4 lownr Sortie PUbu. Ilium Kww . .. - - - m r. wm S. 21. & CO., Detroit, Kidu

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A. H:-ini'u .