Indiana State Sentinel, Volume 29, Number 43, Indianapolis, Marion County, 28 November 1883 — Page 5

THE INDIANA STATE SENTINEL. WEDNESDAY NOVEMBER 28 1883.

DABK DEEDS.

J Terrible Tragedy Eaacted at LacouLa, X. II. a nie Knddjy HLj Child and a ighbor, 3In. Eord, LIterallj Chopped to Pieces. "Tne Kittery Murder Mystery Solved TUe Zora Burns Case Suicide at a Orave. A HOKRIBLK BFTCHERT. An KnglitkmKO Kills J 11 men Ruddy, Iii Child, Mm. t'ord,and Attempt the Life of Mm. ltnddy A Horrible Recital. Lacoxia, X. II., Nov. 23 This morning . t . . ä 1 a . a . a - Cic avai iirva uj oiurv luaw 2 lerriuit? irageajr occurrea ai o ciocc c. o. Andrews, a neighbor of James ltnddy. aged fortj-fire. employed in the Laconia Car "Works, was alarmed by a woman's screamx He arroused his son and harried to Ruddy's house, whenee the screams proceeded. They found Mrs. Kuddy, atd thirty-six years, lyinj on the ground beneath the front window through which she had leaped. She was bleeding profusely and is said to have been cut all to pieces. She was properly cared 'for, assistance obtair ed and the door of JlUddy'a house forced open. Flames burst forth and the alarm of fire was sounded. The flames were quickly extinguished and the bodies of Ruddy and his only child, one and one-half years old, found lying on the kitchen floor, both cut in a terrible manner, and covered with the coirtenta of a feather bed, which had been saturated with kerosene and set on fire. The bodies were so disfigured by the flames that they were nearly past recognition. In the bedroom was found the lifeless body of Mrs. lord, which was identified by her husband. One of her limbs had been chopped off, and the detached member and remainder of the leg bound to the woman's body with a clothes line. The bed clothes had been saturated with oil, piled 0:1 the body, and an attempt made to set them on fire, which failed. Mrs. Ruddy, being questioned, said the crime was committed by Thomas Samon, an Englishman, and acquaintance of the family, a cook by trade about thirty-six yean of age, with a hatchet. Mrs. Ruddy's statement before the Coroner's Jury was: "We went to bed about 1 o'clock. At 11, Samon came into the front room and looked oat of the window, saying be was nervous and could not sleep I got up and made him a cup of tea, and went back to bed. At 4 o'clock, Saroon came iuto the front room again, and acted queerly. He went back into the kitchen. M j husband and I got up, and he also went into the kitchen. I soon heard a fall, and, coin? oat, found my husband hang t 1 i n ri ing over a chair with hi arms down. Seraon siaried for me, and struck me with a hatchet cn the bead. I grabbed his arm, but be then struck me and threw roe to the floor. He went into the front room and lulled the baby, who was crying. While he was there I tried to unlock the kitchen door, but he returned and again struck me on the head, knocking me down. I laid perfectly quiet. He went back into the frcnt room and got the baby, and then came back and poured feathers and straw over us and went out. I got up and tried to open the front window, but could not I theo broke a pane f glaas and jumped through. He was very nervous iu the kitchen nearly all niht. 'i ke hatchet with which the crime wa probably committed was found in the river. It is stated Sammon took Mrs. Ford's body to Ruddy's houce Saturday morning in a trunk, where it remained until the tragedy occurred The t'oroner's inquest rendered a verdict that the jxr-ons came to their death at the hand of Thomas Samon. The latter was arrested this afternoon nrar Flvmouth. He did not resist arrest, and has been taken in charge by the Plymouth officers. Suspicion being against Ford, the husband of the murdered woman, that he might be implicated in the affair, he was arrested this forenoon, and remains in custody. Several suspicious circumstances tend to show his guilt. At Ford's there was no evidence of Mrs. Ford's murder, and it is thought her death was accidental at Samons hands; that wishing to conceal the body he took it to Ruddy's, whence ierbaps, he could carry it from the house during the night; that Ruddy refused to assist him when a strugjile ensued. The supposition is Mrs. Ford died either from strangulation or drugging. as she frequently indulged in strong drink. .Samon will be brought to . laconia on Monday for trial. Great excitement prevails, and fears are entertained that a Vigilance Committee will be organized and the prisoner lynched upon arrival at the depot. Latkk. A report from Plymouth states that Samon denies all knowledge of the affair, and his arrest is a perfect surprise. Samon has never been regarded as vicious, even when intoxicated. At a lats hour tonight Mrs. Ruddy's condition was no worse. WOMAN'S WEAlCNKSs

Lea H 4 loth Solution of j Terrible Murder The Crime Committed by Her !Son-ln-Uw at Her Inatigatioii. Bosto:, Nov. 24. The mystery surrou nding the death of Thomas Barrows, of Kittery, Me., November 14, was cleared up to-day by the confession of his wife and son-in-law that they are guilty of his murder. When the shooting accurred Mrs. Rarrows told the story that her husband had thot himself in front of the barn and then crawled to the house and stretched himself upon the bed. where he was found dead. After the body was buried suspicion of the neighbors resulted in its being exhumed and Dr. Rotter, of Portsmouth, at once said that the man must have died instantaneously from a ball in the brain, and that he must have been killed on the bed, where he was found. Mrs. JJarrows was suspected, but the local police -could do little toward solving the mystery. Yesterday noon Detective "Wiggins and "Wood, of Roston, went to Kittery, and after an interview with Mrs. Barrows, lasting seven hours, were rewarded with a confession that she had instigated the crime, and that her son-in-law, Henry II Rlaney, had done the shooting. Maney was found by the dtectires. and on being told that Mrs. Rarrows had confessed, broke down and told the whole tory, 'J tood under the open shed," said he, "and tired four shots at Barrows as be stood in front of the barn, I had a five-chambered :i-caiilier revolver, with four chambers loaded. One a'jot missed him and Ktrurk the barn door. Of the other three, one in the Je disabled him. lie dropped his lantern and fel', md I, thinking I had killed bim, threw away my revolver and started for mv home, a mile distant. Fifteen minutes after 1 got ihere, Mrs. Rarrows, who had heard the shot and from the bed-room window had feeii her husband fall. came rush inj ia sad said, 'Thooias has

shot himself; put on your shoes and drive down with me at once.' She bad run the whole mile and a half to my house. She knew that I bad shot her husband, but wanted to mislead the neighbors. We drore back to Rarrows' bouse and fonnd that he had crawled into the house. I ran out to the shed, groped around and fouod my revolver, loaded two chambers and went into the house. Mrs. Barrows kept out of the way. ' I found Rarrows lying on the bed. When he saw me be said, 'Well, Henry, I guess I've got to go.' 'Yes,' said I, 'and you've got to go now.' With that I fired and the ball shattered bis hip Another ball went through his brain, and he fell back dead. I ran out to the shed, threw my revolver down and came back to the house, where Mrs. Rarrows and I decided what story we would tell." Family trouble, especially between Rarrows and his son-in-law, caused the murder. Rlaney was forbidden to see Barrows' daughter, and had to marry her secret!'. Rlaney is of rather feeble intellect, and Mrs. Barrows, who wanted her husband out of the way, urged him to the crime. Roth murderers are in Kittery Jail. Mr. Rarrows will be tried as accessory before and after the fact. The whole neighborhood is wild with excitement. Mr. lturti.Vilt. Yaxhi.ia. 111., Nov. '4. - The lather of the murdered Zora Burns, who is on his way home from Lincoln, was seen to-night by your correspondent Mr. Burns said the reCjrt that his visit to Lincoln was to see lime. eSilver, a reputed clairvoyant, was a base falsehood. He knew of no such woman until after he arrived there; that when she propOrd to locate the satchel and other missing articles of Zora's for the sum of i' he at once branded her as a fraud. He positively assorted that he was called to Lincoln by St&tes Attorney Forrest on very important business. "This," he said, "coupled with another trip which Mr Forrest had mapped out for me, will beyond a doubt form quite an important link in the chain of evidence against Carpenter." When asked in regard to his prospective trip he said he would probably go South to-morrow, DuQuoin being his destination. There he had some yerv important business to attend t. after which he would return home and rest a week, and then start ont again. The worry and excitement has so wrought on the old man that there are unmistakable signs of mental as well as physical weakness The detectives who have been in this city and vicinity the past two or three weeics working 011 the Zora Burns case still hold to the theory that a man accompanied Zora from this place to Lincoln, where he murdered her for the money she received from Carpenter. THE NKLSOX 5IURDKR.

The Cirrum KtHntial Kvitlenro Ajrnint Mania The Accused Taken t Terre Haute. Special to the Sentinel : Andkrsox, Ind., Nov. 2k A new phase in the Nelson murder case has presented itself here to-day. Readers of the Sentinel will remember that Perry Manis, of this County, was arrested and given ten days in the County Jail for associating with prostitutes, at tbe same time evidence was being gathered connecting Lim with the horrible crime. His sentence of ten days expired to-day. He will be taken to Terre Haute to night and held to answer the charge of murder. Manis has had too much money and has not satisfactorily accounted for it. He has made many conflicting statements in regard to it. It will be proven that he left here about the same time Mrs. Nelson left, and was seen at Indianapolis the am day that Mrs. Nelson was there. Manis has always denied being in Terre Ifaute, but it can be proven Manis was on familiar terms with a woman of questionable chastity at Terre Haute, and that he has been there on ditlerent occasions Certain pieces of property that Mrs. Nelson took away with her from bere can le identified as having been in the poeeshion of Mania after she was murdered. '1 hat Manis knew all of Mrs. Nelson's arrangements is evident, and that she placed implicit confidence in him in her business transactions. It is alleged that a reliable witness will swear that be saw Manis with mora than $000 after Mrs Nelson was murdered. There are many more items connecting Manis with the affair, but your correspondent is not at liberty to publish them. This puts Jasper, son of Mrs Nelson, in abetter light, and it is not thought that his partial confession was the result of suilering terrible mental strains, verging on delirium tremens. It is a great mystery, bnt the public is confident a proper änd just solution will yet be reached. THK VIRGINIA KIOT. The groes Found, Vpon Investigation, to be the AggresHors A Free Ballot and a Fair Count. 1'akvii.lk, Va., Nov. 21. The Committee of forty appointed to investigate the facts connected with the riots on the -id inst., organized on the 12th inst. and appointed proper sub-Committees. All persons having information, relative to matters to le investigated, were publicly req uested to apjear before the sub-Committee and testify. The sub Committee has regularly attended to its duties from the morning of the löth to the evening of the '-'1st, during which time thirty-seven witnesses were examined. It is said the witnesses for the most part are known to the Committee personally, and represented all classes and vocations. They are intelligent and thoroughly reliable. The Committee makes a careful and impartial review of all the facts connected with tbe riot. After speaking of the ill-feeling existing between the blacks and whites, the Committee states that the negroes were the aggressors. The report adds: Two days before the election circulars signed by prominent citizens and leaders of both particular parties were issued guaranteeing that every person, without regard to color or party, free and undisturbed right of voting. No violence, threat, or intimidation whatever was shown toward the negro or coalition vote, but on the contrary, such voters were repeatedly assured by citizens, policemen and military officers sent to Danville by the Governor, that they would be protected in the right to vote as they chose. Flection day was quiet and without any disturbance or difliculty at any lTecinct' or elsewhere in the town, and the election was honestly cor.ducted and free and fair in all respects The negroes, as a body, refrained from voting under advice and command of their party leaders, while others voted the coalition ticket without any hindrance from any quarter. SHOT 11V A Itl'IU.I.AU.

Kdwin 1'ayne, Cnaliier of the Iluhville National Itank. Fatally Wounded by a Thief. Special to the Sentinel: RtsHVii.LK, Ind., Nov. 21. At U:.'J0 o'clock this morning as Edwin Payne, Cashier of the Rushville National Bank, was coming down stairs at his residence be was met on the stairway by a burglar, who told bim to halt and instantly fired his revolver. The ball, ft very large one, utruck Mr. Payne in the right side just below the nipple, infUctinga terrible wound Nothing is known as to the course of the ball, except that it struck the right lung. He did not hear the burglar before running upon him, and, as the hallway was dark, he is nable to give any description of the burglar, and up to this time no clew has been found by which the deed C&n be traced to its perpetrator, except that the uiau left his gum coat and three apples by

SAN FORDS

PREPARED with tha stmwt skill from IKP0BTÜD 0LNGXÄ, CHOICE AR0MATIC8, and tbepureat and beet of MEDICINAL FRENCH KRANDY, from the world-renowned Tlntnera, Mean. OTA. ED, DUPÜY A CO.. COGNAC, rendering It vastly superior to all other "Ginger," allot which are made with common alonhol, large! Impregnated with poiaonoua I uau oil, and strengthened with cayenne pepper.

Delicious Summer Meine,

AS A BEVERAGE, with hot or cold water, sweetened, or hot or cold milk, or added to loa water, lemonade, eflerreecent drmagnta of mineral waters, it forma a refreshing and In Yigorating beverage, unequalled in simplicity and purity by any tonle medldDe, while free from alcoholia reaction. A rold mercenary dealer, who for a few eenta extra profit try to force upon yon their own or others when yeu call for 8 AN FORD'S GINGER, Hold by wholesale and retail druggist, grocers, etc, everywhere. Potter Drug aad ChemloaJ Uo., Boitai, The Greatest Blood

RHEUMATISM CURED. I SCROFULA CURED. I NEURALGIA CURED. Ttocn itma. N. T.. A pr. Cth, "S3. p01tT bton, x.Y Feb. CO, '82. FAntroKT, N. Y.. March 12, 83 been a great Z ?VrvP ; Sheumalic SVrvp Co. : sufferer from Rheumaiisni fortix I had been doctoring for three Gfnt Since Norember, 1832. rears, and hearing or the eticce or four years, with UiOerent phy- I hare been a constant sufferer of Rheumatic Fyrvp I concluded sicians. for crofula, as some cat- from ucuralgia and have not to Rive it a trial iu my own case, led it. but found 110 relief until I known what it was to be free and I cheerfully say that I hare commenced Ukjug your Syrup, irora pain until I commenced been greatly benefited bv its use. After taking it a short time, to the use of Rheumatic Syrup. 1 I can walk with entire freedom my surprise, it begautohelp roc. have felt no pain since osinethe frompain.andmygeneralbealth Continuing it use a few weeks, fourth bottle. 1 think it the best is very much improved. It is a I found mynelf as well as ever, remedy 1 have ever heard of for splendid remedy for the blood As a blood purifier, I think it has purifying the blood and for the and debilitated tyxtem. no equal. cure of rheumatism and neum E. CHESTER PARK, M. P. klKS. WILLIAM STRANG. ralgia. W. a CHASE.

aT AV I f W V ft for Infants Cugtoriiipromofpq TMyosf ton 3 dnd uvercuiiif i'laiuIoin.y, Uousunütion. Sour Stomach, Diarrheal, and Feveritdmess. It insures health and natural blcei), without morphine. Castoria is so well adapted to Children that I recommend it us u-rtor to anr prcwcrtiAion known to me," IL A. A arm a, W. D., 8 Portland Ave., Brooklyn. V. Y. CENTAUR LIMIMENT-an

T 4 m m m ww .aaaaw

tism, Sprains, 15 urns. Galls, &c. Th most Powerful and Penotrntiii Pain-relieving1 and Healing Iteniedy liiiown to man.

the window where he entered. This may place the commission of the deed where it belongs. The wounded man is in great agony and can not recover, and owing to his high stand iiig and popularity among the people, excitement runs high. Mr. Payne is forty three years old. lie made bis way frain a jioor boy to a responsible position and comfortable surroundings in life by an honest and industrious course. A large reward will at once be ofl'ered by the llushviile National Bank for the apprehension and con victioti of the bnrglar and murderer. Kxcited crowds of people are scouring the Mirroumling country in search of the a-as-8in. and if he is found the excited citizens will not be slow in treating him to Selling's fate. I'iK-le S.-iui's Navy. In a communication published iu the Army and Narv Journal. Commander J. li. CoRhian, U. S. K., states that the consultations of eminent navaT and other surzeons, respecting his rheumatic attack, failed to afford hint Ihe slightest relief. By adrice of Dr. lloyle he used St. Jacobs Oil, which wrought a complete and, as he says, wonderful cure. John Carr Moody, Ksi., lawyer at Vnllejo. Cal.. was likewise cured of a severe joint troub'e. Advice to Mothers. Mrs. Whitlow's Hoothing Syrup should a! ways be used when children are cutting teeth. It relieves the little sufferer at once. It produces natural. quiet sleep, by relieving the child irom pain, ana i tne little caeruD awakes as "Drigni as a Duuon." It la very pleasant to taste, it soothes the child, softens the gums, allays all pais, relieves wind, regulates the bowels, and is tne best knowu remedy for diarrhea, whether arisinz from teething or Other causes. Twenty-five cents a bottle. Ct nuafiptlves can ne improve"!, and often cured, by my recipe. Sent by nail for.Sc. John 11. McAlviii. formerly Tax Collector, Lowell, Mass. Our Little Ones and The Nursery. The most beautiful Magazine In tha Vorld for the Youngest Readers. The Literary and Artistic success of the Age ! Every Article written expressly foe its Pape! Kverv Picture mode exprcly for this work, by lh bet Artists. ' The mwst valuable Premiums! A Premium fur every tirw-rription and renawa! Club with all Periodical! send Postal for our New Premium List ! Send Postal for a Free) Specimen. AllXewtdederatetlit. Agents wanted. One Year, SI.50. Single Copies, 15 eta. ButIl Publishing Ca, 36 Bromficld St, Boston, Mas GIVEN AWAY! The "Little Wonder" TIME KEEPER. f bow m m hmndioni HnrtfKf CaJ Tin Kmmt. Na llnmbur it rhi tar, 1boriirli!.T rIUM Ullr ( iSe lim ef day 1 ilrrr-aM-t! raw. Seii'i for t.s Catl-a Mm. u4wtnaii w will mmil TO Jl i-j i- ! l(ml rtlfot f! "1t wk- yom it mk frm 1 1 V i fiv,aJl ptf l ltm4 boo ana T Littl ''! Tim Keeper uii a WMtifol Alimlnsm Gold Watch Cktia, 11 1-1 iatb lo.c,fnHi,mnt. Writ Ui AT. Jirt m h pir..a! OTirnr)ry NluM. BiBCOCK k CO.. rjKNTSRBtLOOK. CON1I. DR. HORNE'S ELECTRIC BELT 'un-a K.rvounnfM. htwanutlnn, ncy, opine ana m'woiwium, rzf ECTJC BJEVTvfllv"t".n"tiPt'on.. KryT . I niioem-T . lmlHru V If ri her, et. RUPTURE CURED , tmjy fcMTtricTrux in tu-oria. izenta wanted In ever town. 8iulfort'lrilar. Dr. W. J. HORNE,lwUr. l91 Wabaah AT-Chicago.lu, it nTTJ'I'Q Our new war book. DEKlworiiAB. iVJba Iu 1NG, bvUlueand Gray, Isontsellinsratl " other iook. iiinatrated circular and term free. rOU.Mr.to 4, 31i.UACKl, Cim-iuuatl, O.

GINGER

UNRIPE FRUIT. Impure Water. Unhealthy Climate, Unwholesome Kood, Ma'arta, Epidemic and Contagious Düeef. Cholera Morbus. Cramps, F&ioa, Indigestion. Colds, Chili, IJlmpfe Fevers, Kxhaaatioa, Nerrousneaa. or Loa of Sleep that bettet the uarajler or houaenold at thia aoaaon are nothing to those protected by a timely tue of AN FORD'S G LS GEB, the Delicious Summer Medicine. A 8 A PURE FRUIT STIMULANT, for tae aged mentally aDd physically exhausts 1, t axeworn, or overworked, for delicate females, en. od ally mothers, for those recorering from dib Luting diseases, and as a means of retormtnz tboae addicted to an excessive use of alcohol io atlmulants, it la unequalled in tha whole range of medicines. Beware cf Imitations. BAN FORD'S In the finest ginger la the world, and, notwithauna ng the high ot of Its ingredients, U the oieapost family medietas. Sold everywhere. Potter Ii rag and ChemleaJ Oo.aBoti. Purifier Known! , D and Children. YOiat gives our Children rosrehoeki, AVlmt cured their fever, makfx them sleep : 'Tis Cutorlii. When babies fret and cry by turn3, "What cures their colic, kills their worms. Hot Cantorln. Vi':iat quickl v cures Constipation. Sour Stomach, CoIJ. Indigestion, Hut Cm tori. Fare-vTl tu-n t Mo-pliine Syrups, Cxor Oil and 1'arcgoric, and Hall Caatoria? absolute cure for JXhcumaROYAL HOLIDAY GIFTS, FREE TO OUR SUBSCRIBERS. The publUhers of the old-entahHnhed and well known famtty paper, THE HOtKEHOLD AM FA KM, are deairousof e-ttin(f a U-nre lint of trial aubHcribers before to flrtof the year, believitu; that our beautiful paper will be co much admired that all wbo try it will become per. maaentand payiogaubaeribera. To do this we havew-cured aDd contracted for large- quantities of tbe followjiifr Sooda which we offer KKfcE lit A1X wh aead-iu before AM'AKV ftth, 184. . . . READ THE OFFER. Scents ? f 1LV KR OK POST AO B STAMPS, to help pay coet of ptu-V-intt, rOKtare and other expensea. we will aend yo'l THE llOIHKIIOLl AND KAKM for IX MOJil'HS and ALL OP THK FOLLOWING ARTICLES FKEK, namely: K HKAI Tin I. PKOPKI.MN KOI.LKO Ol. I'KX II, INF. OI.O PLATKU IMITATION 11A. MO.M KISUFOK I.ADV OR 1EXT, ONEKH.VKK I'LATI.U KUTTEK KMKE and ONE 1LVKK PLATKI Kl w AR Rl'OON, all securely packed and nailed POST-PAID TO AN V ADDRKsS. All of th above fodiarel1rt-claaaandar worth klORK THAN IHH'BLB in CESTS at retail, and if you wanted to eell them eonid makaa HA"ISJMK PROflTon each article, THE HOlKUOLD AND KAKM i In its Ninth Year, and ia oneoftlieuoet popular Family Story and Hou-sehold papers in America. It ia ably edited, and contains a Fashion tepartment, Fashion l-ett-erand Notes. Itcontaina Illustrated ti tones, Poe ma, Sketches. Statistica, Useful Informat-on. Household Notes, tbe Kitchen, Farm, Garden, Toilet, Children's Department, Kabbath Keadina;, etc.; in fact every, thing: that can be ia dona to luaka this publication worth mote than the subscription price, without regard to the premium. It contains sixteen Unre pajrea, and ia bound, atitched, and cut. You will be deliRhUHl with the paper, and we are positive yon will like it so much that you will always take It. RKMF.MBkR. we CHAKUE KOTT1IN4 for the presents, but only the reonilar prica of &0 CF.MT for sixmonthsandevealltbeabovaarticlestree. OLT FIVE TO JOIN YOU and send t2.Mand we will send you a subscription and 8 KT OK PRESENTS FREE. This magnificent offer is made solely to Introduce our publication in new homes and will not be EXTENDED after tha Holidays. Tba above small illustration conveys but a alight Idea of thest beautiful (roods. fOet up a Club, oraend for Sample Set. H0ÜSEH0L0.AN3 FARM,ll97utt0filSL New jfork. B. C. A1ZB3 1 Ca-riDaHAFOIS, B9. ktAXUCACTUBtB C THE F LS EST ASD MOST DCF.ABI.S MADE. Wa O: lrj er lioui- ea wül Jwa Iromrt AttaUtaGOjui JüLUAL, PASI3, 1878, BAKER'S Warranted absolutely pur Cocoa, Iron wlik-U tbe excess of Oil has been removed. It h.ta thrtt iimn the ti. tuglh of Cocoa mixet wl;h Starch, Arrowroot or Pugai nnl i thiTi-fkrt! far more econoiu cal. It U d.lloious, nourishin, j Birenirthenln, easily digested, ar ndmiraolv adapted for invalid t -Well m for jHTSons la Lealtb. Scli ly firoeera everrwaera. v. BAKER & CO.. Dorctester, lass. HABIT PR. H. H. KAMTL, .r Iba !-OuinceV Horn, aow aSr. a Rriwfl r thmhr an, r nr li le L... .I..L1, J ai-liileaalv. r tesU'astilsls. sad eD.l.rwnicni. Mier rr..ni Qi miin.l nm, tod a full dcriiii et Ihe I rem meat, -l it-- lt. II. KA.NK. A.M-M.O 4a W.I 41b HI. Mw Varfc Xt will wa4 jot wtteb ar a ehtla by Mall li i nxuiaaa.r U. D . to be tumitfd be fort payinc , aoaar. aaa 11 ao wwhwt, rw ktunk4atnrMpaa Wa aaa.laclurv.il eve vaiahas aad aa. you as par aaat. 4taUca M IMIlWS irea. a.aai nam waau.i lddrestSTASDllQ HUTCH vkVJ CO. , Kama lata papor. PI TTfiBUKlill, PA. OlOiZil Addroa S'duiOU J. Ca.. Paill&ai. II f,

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BreaKfas

Cocoa

OPIUM

KNOX'S REPORT.

Kall Tet of Contraction the Document Relative tv of National Hank Circnlation. AVasiuxgtox, D. C, Not. 25. That portion of Comptroller Knox's report relating t9 tue contraction of National Bank circulation ia the uiost interesting and important part of tbe document. Tbe Comptroller refers to tbe probability tbat all threes will be called for redemption within tbe next three years, and savs this will reduce tbe bonds held Dy banks from ?3ä3,0ü0,000 to $151,000.000, and cause a contraction of National Dank circulation of about $00,000, 000 per annum. It is evident that unless there is additional legislation, the bonds held as security for circulation will rapidly diminish. New legislation may. however, postpone the payment of tbe public debt, or cause the profit on the circulation to increase sufficiently as to induce National lianks to invest in long 4 per cents which are not to mature for twenty-four years. The contraction of the bank circulation may be avoided by the reduction of the redundant revenues, and there is no doubt this is the true policy. The contraction of bank circulation may also be avoided by the conversion of long büuds into 3 per cents, bv oflering inducements to holder of bonds to exchange them for 3 per cents to mature in 1807, the Government paying the hoiders thereof a reasonable amount for the difference of value. The premium to.be paid the holders of these long bonds may be considerably reduced by providing circulation to be issued upon the proposed bonds when deposited by National Hanks as the security therefor, shall not be subject to the present tax of 1 percent, per annum, or bv postponing the tune f their jKiyment. The contraction would also be avoided by providing for the removal of the tax on circulation and in crease of the amount of circulation, to le issued to banks upon the bonds deposited by them 1 be Comptroller considers tbat so lon as there is a stiilicient amount of United States bonds outstanding, legislation should be so shaped as to continue them in use as a basis for National bank circulation. With a eiecrease in interest and decrease in the profit upon circulation, the amout of issue upon the value of the bonds will also be decreased. There is no propriety or justice in authorizing the issue o ?'.Kj upon every $lUd ö jer cent, bond worth par, and refusing to issue a like proportion upon the 4 per cent, bond worth $121 The holder of the Government bond tun readily borrow money upon it as a pledge from a bank to the amo'uut of ! per cent, of its market value, and it is not surprisitiK that banks prefer to relinquish their circulation rather than deposit as security bonds having a margin of more titan onethird the circulation issued. A law authorizing the increase of issue to f0 or JC per cent, upon the lowest market price during the calendar or fiscal year previous to deposit, together with a repeal of the tax upon the circulation, would result in the deposit of a sufficient amount of 4 and per cents to maintain the circulation at about tbe present aggregate. "The amount of gain to the Government from accidental loss or destruction of circulating notes," the Comptroller saya. "dues not properly belong to the I n i ted States or the banks issuing the notes, but to the owners of the notes at the time of the lo-s. and the gain thus accruing should be carried to tbe credit of tbe insolvent bank redemption account in the office of tbe Treasurer." The Comptroller believes tbe proposition to convert the long bonds into is more desirable than the proposition to increase the rate of circulationand that the large contraction of the currency now imminent should not be allowed ta take place too rapidly, or the deS ciency caused by such contraction will be replaced by a substitute less desirable than the Lank notes now in circulation. Mr. Knox calls notice to the statement tbat the contraction of the currency may be supplied by imported gold, by the annual product of the mines, or by the coinage of tbe silver dollar upon which silver certificates are now issued, and shows that the excess of gold imports is growing smaller, and the probability that the gold now held by the United States will not long hence be greatly diminished. The substitution of the S'andard silver dollars tor the retired circulttion would be simply the introduction of an inferior currency. In answer to the pro position that Treasury notes as well as silver certificates may be issue 1 in place of bank notes to be retired, the Comptroller says the Treasury is embarrassed with a revenue greater than the needs, and greater than it can judiciously disburse. I nder such circumstances the authority of Congress to print additional Treasury notes will lead to still greater embarrassment, and place Treasury circulating notes in circulation at a time when the most important subject before Congress is the reduction of the redundant revenue and employment of the surplus overdosing" the Treasury. If it were jKwsible to issue additional Treasury notes when t he revenues of theGovernmentaresomuch greater its exienditures, and simultaneously with the yearly addition of silver dollars now autnorized bv law, it is evident that such steps would lead plainly from the gold to the silver standard. The issue of additional treasury nofes will weaken the Treasury and be likely to create doubts of the ability of the Government to pay gold on demand, and the Government by tiec'.ining to pay in gold, thus taking from the holder the option of payment may at any time bring the Nation upon a silver standard, advancing the price of products and demonetization of the entire gold coin of the country. In such a crisis, the reserve gold of the Treasury will be continually diminished on one hand by the presentation of its notes for payment, while its revenue on the other hand will not be increased by the customs duties paid in gold, as at present, but by the return of silver dollars and silver certificates which will under the existing: laws sooner or later drive every dollar of gold coin out of circulation, bringing upon the country much greater contraction than that it is now proposed to prevent FARMERS' SAW HILL A TEN HORSE POWES DRIVES IT. Send for Circulars to tHa-CHANDLERt-z & TAYLOR, ( INDIANAPOLIS, IND. S250 A MOTH, At'ts wanted. TK) beet aellinjr artiale in the world. lsainplra. Address J AY BRONSON Jetroit,Mica THE BIGGEST THING ODT'W?. tnew) E. NASON &. CO.. 120 Fulton St.. New ork. Low-t prices ever known nn Breeeh Ioadera, Klflea, A Ret ail era. OUR $15 SHQT-6UM ermawaanamawama 1st ereatly reduced prica. Send stamp for our New lllus. CataWne. l!V-K4. P. POWELL W)V. IHOMsin Street. Vrl NN ATI. O. AGEHTS WASTED ! tSJäK" 10 eta a bex. J. J. ünterslner. Cincinnati. O. "THE BEST IS THE CHEAPEST. S AW IffMpiPIR THRESHERS, PILLS. ICU Eü 1 U LCD Koke Powtts, (Kor all sections and purposes, i Write for Free Patnp and Pn-ea to The A alt man Tajlor Co. , ManiQelO, O ihlet aiOb IF1 ounda&asi SOLD SEEKERS fBtPH I Voll III. 'Hü UXTFB CINTS Silver, you'l ip aawwaaawwa.ww.v' imam wir K CflMTf kT&wi.u iil h. ii. v to morr RFa .y mail onr HI WeiSt AT OM to, tiiunaiijr other iih iImm! in tru world. Is never falls. 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