The National Banner, Volume 9, Number 1, Ligonier, Noble County, 30 April 1874 — Page 2

The Hational Banner ~Sn : RN

J. B.STOLL, Editor and Proprteto_r.. LIGONIER, 'INE‘ . APRIL 30,'1874. M‘ THE DEMOCRATS of Clinton and Owen counties have resolved in favor of maintaining the Baxter law. Lo N e o DAvE GoopiNg is talked of as the ‘Granger candidate for Governor two ‘years hence. We believe he would | rather occupy a seat in Congress. e WE are really glad that President Grant has at last afforded us an epportunity to commend one of his official acts. We can conscientiously hurrah for Grant’s veto! 4 . e — .—— . 5 THE FARMERS' MOVEMENT is still warmly espoused by the Indianapolis Sentinel. Numerously signed -calls have been “sent up”:from different counties of the State. R THERE is no material change in the - gubernatorial imbroglio in Arkansas. ' Brooks retains possession of the executive office, while Baxter continues to appeal to the President and the people of Arkansas for his own reinstatement. From all appearances Brooks is likely fo remain tlgavictor. —— - — ; MORTON is toz shrewd a politician to join in the general denunciation of President Girant on dccount of that veto. He knows precious well that the Republicans can’t afford to discard the man in the White House. The crumbs falling from the President’s tab]egx:e not to be sneezed at just yet. | e — + S—— .DEM%}CRATIG INFLATIONISTS in Ohio are trying to create a feeling of hostility to Senater Thurinan because that gentleman refused to vote for a ;- furtherissue of irredeemable currency. | There is too much of the Jacksonian \;in the great Ohio Senator to become i\nt_imi(_iated by such unreasonable clamor. i

A PRELIMINARY MEETING is to be held in the Senate chamber at Indianapolis on the 17th of June for the purpose of perfecting arrangements for a grand reunion of Indiana ex-soldiers. It is proposed 46 haye\t'lle latter some time during the coming summer or in the autumn following. , A. J. Buckles, auditor of Delaware ¢ounty, scems to be the prime mover in this matter.

A. A. DAVISON, editor of the Seymore Democrat, has been nominated by the Jackson county Democracy as a_candidate for Representative. We deem this a most excellent ‘selection. Mr. Davison is a man of good sense, and will make a discreet, useful legislator. The late “Bob” 'Sproule, while secretary of the Democratic Staté Central Committee, told us repeatedly that Mr. Dévison was the most efficient county chairman in the State. !

CONGRESSMAN MCKEE, of Missis--sippi, feeling himself aggrieved by being designated as a “legislative pump-kin-head” in the columns of the Washington Capital, sought revenge by striking John James Piatt, a relative of the editor (Donn Piatt) in the face with a cane. Considering the fact that the injured Piatt was in no wise responsible for the offensive editorial strictures, McKee’s assault is universally condemned as a very cowardly one. - : & THE PARTY ORGANS throughout the State are still quarreling over the call for the Farmers’ State Convention on the 12th of June. We respectfully suggest a cessation of hostilities. If there is anything in the movement, it will develope itself when the convention assembles; if not, there is hardly any use in wasting so much ink and paper. We take it that anybody has the privilege of calling a convention. If the people respond, well and good; if othery}ée, the chagrin of the prime movers will be sufficient without the addition of editorial pummeling.

‘CORRECTION. — A very annoying blunder crept-into our last week’s notice of the county seat movement. It was occasioned in this way: The editor penned the article in question on Thursday morning; before it was placed in type he left for Albion, consequently the reading of proof had to be entrusted to.the foreman who did not exercise the proper care, considering the aptitude of the compositor setting the type to fall into annoying blunders. The result of all this was that we were made to say: “This committee reported at the meeting last evening that they had selected four acres of ground in the N. E. corner of the 8. W. quarter of Sec. 28, Tp. 36, R. 8.” N Instead of this gross absurdity, the manuscript shows that we had written as follows: : , “This committee reported at the meeting last evening that they had selected four acres of ground in the N, E. corner of the S. W. quarter of the N. W. quarter of Sec. 27, Tp. 35, R. 8.” ‘We presume this explanation will suffice to allay the snickering that has been noticeable among those who have some knowledge of the topography of our ¢ounty, but know nothing of the innumerable vexations incident to an editorial career. ALEXANDER H» STEPHENS,—what there is of him,—left Washington Saturday for his home in Georgia. Before taking his departure, he was called upon by a company of friends, and, during the conversation, remarked that unless his health should become improved by the trip, he never gain expected to visit Washlniton. ‘He is .a confirmed invalid and has not been in his seat on the floor of the House for the past two months.

Accounts of the floods in Lousiana represegg the damage and suffering caused by them as more serious than at first reported. The levees have broken badly in many places, and wa- . ter lies: over a vast section of country to a considerable depth. A - bill has already passed Congress and " been signed by the President provid“ing for the issue of army rations to the sufferers; relief committess have 2;&“ -organized in Boston and other

INFLATION ESTOPPED! - - - Contrary to the fondest expectations. of. Morton, Logan & Co., but agreeably to the faint hopes of the advocates of a sound currency, President Grant, on | Wednesday of last week, returned to the Senate the bill passed by Congress for the inflation of our national currency. The veto message, (the salient points of whicl: are aptly set forth in ‘an article elsewhere reproduced from the Chicago Tibune) is warmly commended by a large majority of the leading journals and enthusiastically praised by that large body of intelligent men who conscientiously believe that the success of the vetoed bill would have seriously disturbed and injured the financial condition of our country. The supposition that the Pregident would append his signature to the bill had become so general that we can readily account for the infinite disgust of the interested parties who labored so zealously to secure its passage in Congress. From all accounts we judge the! inflationists at the national capital almost boiled over with rage and indignation at the unexpected course of the President.

But while Logan & Co. fiercely assail the President’s veto, we believe the sober second thought of considerate men generally will fully sustain him in his firm position against an increase of irredeemable currency. We cannot believe that the American people will allow themselves to be duped by designing politicians and reckless demagogues to such an extent as to create the impression abroad that.we are either incapable of understanding the question of finance or that we mean to disregard every obligation of national honor. ooy Al

The question as to passing the inflation bill over the President’s veto is already disposed of. It came up last Tuesday. Every Senator who had voted for the bill at the time of ‘its passage, also voted to pass it over the veto. The inflationists were reinforeed by Senators Conover, Dennis, Gordon, Mitchell, Sprague, and Wright; and the hard-money men by Senators Bayard, Boutwell, Buckingham; Edmunds, Ferry (of Conn.), Flanagan, Gilbert, and Stockton. The bill passed the Senate in the first instance by 29 to 24. It was refused a passage over the veto by 34 to 30,—not two-thirds. ‘According.‘to late advices from Washington there is a reasonable prospect for a satisfactory adjustment of this vexed question. = Strong efforts are‘being made in that direction. It is. thought by many conservative men that a bill may be framed acceptable tq thé Senate combining the feature of redemption proposed in the House bill, .with the right to issue additional bank notes on.the condition that a certain proportion of legal tender shall be withdrawn at the same time, and many are of opinion that if such a bill shall be reported from the Senate Com‘mittee with a provision' authorizing free banking, it will pass the Senate and House, and receive ‘the approval of the President. - e — e THE BENDERS CAPTURED AT LAST. The readers of the BANNER will remember our accounts of the series of murders committed by the Bender family in Labette county, Kansas, and the flight of the fiends after their atrocities had been discovered. TFor nearly a year diligent search has been made for the murderers, and numerous parties supposed t 6 belong to the ‘gang have been arrested. But until quite recently all efforts to capture the veritable Benders have failed. At last, however, success seems to have crowned these efforts. An old man and his wife, supposed to be the elder partners in these crimes, have been arrested in the mountains of Utah and brought to Topeka, Kansas, in charge of an officer, where they were fully identified by a number of persons. who had frequently seen the Benders. If further inquiry shall render their identity certain—and there is every probability that such will be the case —the arrest is an important one, and will probably lead to the apprehension of the son and daughter, who were apparently the most active of the gang in the perpetration of their diabolical crimes. Hanging would be almost too light a punishment for such flends in human form. fie

LATER.—A dispateh, dated Salem, Oregon, April 28, says it is certain Kate Bender was in that city last March; that she went to Puget Sound, and was recognized at Tacoma, Washington Territory; that she made her escape and is now in British Columbia. We hope te soon hear of her capture also. :

Cheering Messages. { NEW YORK, April 25, 1874. FRIEND STOLL:—Enclosed please find check .to renew my subsecription to the NATIONAL BANNER, for being so sound on the Finance Question.— With kind regards, yours truly, ' JuLrus P. CAHEN. KENDALLVILLE, April 27,74, J. B. StoLL, Dear Sir :—Please find enclosed two dollars, for another year’s subscription to the indispensable BANNER. Yours as ever, R. B. GALLUP. : KENDALLVILLE, April 27, 4. _J. B. StoLL:—Enclosed find four dollars, for which send two copies of the BANNER, one to A. Pepple and ene to 'Yours respectfully, o ; ; . B R Peren, Bald Mountain, North Carolina, is again in labor. On Tuesday (21st) the trembling of the earth was felt more than one hundred miles from the mountains. The shocks were more severe, and it is firmly believed by scientists that an eruption is imminent. : ; e On Sunday night a week ago James Murphy, aged 75, his son John, aged 45, and his grandson aged six, in returning to their home in Sixer Creek, lowa, wer‘e;caught in the prevailing snow storm, and all three perished.

Cremation had a practical demonstration in Philadelphia last ‘Sunday a week ago. A physician, whose son had died a few days previous, erected a furnace in his cellar and reduced the body of his boy to ashes,

* MORTON A 8 A LEADER, : } The Terre Haute ‘Express, which | warmly espouses inflation, has made a discovery. In its indignation over ‘Grant’s veto, that vivacious journal is led to this observation: : . No public man ever. faced a greater opportunity than Senator Morton faces now. His great abilities have made him the leader in theé Senate of those who fought and won, so far as ‘ congressiondl legislation was concerned, the battle of currency reform. He was the only man strong enough to cope with, the intellectual giants on the side of contraction —with: Schurz, Sherman and Conkling. Now the time has come for the republican party to break with the President,and all of the people tolook to Morton as their chosen leader. Never was man in better shape to take the lead. No one can say that he is a disappointed man, beécause he is not. . Things have gone well with him. Noonecancharge enmity to Grant, because the two were on excellent terms up to the day of the veto. . The issue upon which Mr. Morton will seperate from the Presi--dent, if he chooses to become the leader of the people in their battle against money, is purely a question of principle, It seems improbable that Mr. Morton will be so faithless to his duty and so careless of his own interests as to fail to embrace the present opportunipy to lead in the greatest popular movement ever known in this country. The Democrats, even, are anx-, ious to be led by Senator Morton.— They have been betrayed by Thurman and by every democratic Senator of commanding ability,.-and they look to Morton as to a chosen leader. The masses of the people will be sorely disappointed if Mr. Morton does not, on Tuesday next, if the veto message comes up for discussion that day in the Senate, make a powerful arraignment of the President, and urge the people to regard the executive as their common enemy until he has been beaten out of his present position, and until currency reform is secured. - * Morton may “break with the President;” he may denounce the advocates of a sound currency; he may even se--cure tli‘egsupport of the western inflationists generally. But the Eapress: may depend upon it that no man can gain lasting popularity or confidence by driving the country from instead toward resumptiom of specie payments. As to Democrats repudiating the teachings of Jefferson, Madison and Jackson on the money question, the Terre laute oracle may as well | abandon its hopes now. as at a later period. -' o P.S. Wel], Tuesday has passed, and the veto was not annulled. Neither did Morton hurl his anathemas at the | President. On the contrary, not a sol- | itary speech was made by the inflation Senators. | They had not a word to say. Now let us hear from the Terre Haute Express. .

Notes from the National Capital. Now that Senate Currency bill has been vetoed, what has Congress to show for its labors during the winter ? The investigations certainly are nothing tobe prond of. | - . L Secretary Richardson has left Washington. He is said to be taking a vacation for the benefit of his health.—. Will he ever return to his present pogition? There is a faint glimmering of light ahead. ) : Our n’efw chief justice of the federal supreme court has delivered his first opinion, and therein holds that the stock of a national bank may be taxed at the residence of the holder, or at the location of the bank, as the State pleases. ; The House Committee on Claims has decided that the Government is not responsible for damages caused by Indian depredations. This decision kills over a million and a half dollars of claims now in the hands of the Committee. ‘ ‘The inflationists have determined not to issue their address for the present. They will attempt to take a vote on the passage of the Senate Currency bill without debate, and will then appeal to the country or nog:' as may seem expedient. It is possible that the turbulent spirits may agree to wait for the decision of the country until next fall, when the Loxfier House of the next Congress will be chosen.. There will be some plain talk about that time.

Caleb Cushing has come out ahead of Mrs. Myra Gaines. Theland-claims, to obtain possession of which the suit of Gaines vs. Cushing was instituted, were confirmed to the latter by a mandate of the Supreme Court of the United States in last December. There is some compensation to Mr. Cushing in this victory for losing the ChiefJusticeship. Though not so honorable, it is more profitable to beat Mrs. Gaines than the Senate of the United States. : :

Congress has held out some hope to the country of an adjournment by the Ist of June, but present indications are that it will not be ready by that time to take final action on the Appropriation bill. It is with the greatest difficulty that a quorum is held together in Committee of the Whole, and, though the bill has been under consideration for four or five weeks, only twenty-two out of seventy pages have been passed. Where are the “working” members,—the gentlemen who talk so much when private bill day comes around ? =

Both Houses of Congress gave nearly all of Monday to the hearing of eulogies on the late Charles Sumner. Mr. Lamar, of Mississippi, made the speech of the day. Hereviewed the career of the dead Senator in the highest terms of praise, and closed with an earnest appeal for the drawing together in brotherly love of the North and the South. Such an address from a person of Mr. Lamar’s antecedents was wholly unexpected; it is among the few gracious references to the old order of things that have come from former supporters of the Confederacy. A compromise on the currency question is talked of in Washington. It is said that the passage of the House bill with the Foster amendment would be satisfactory to those inflationists who are willing:to listen to reason.— Such a bill would doubtless meet the approval of the President. The Foster amendment was rejected in the House by a vote of 105 to 183. It provides that, whenevor the National Bank note circulation "shall exceed $400,000,000; legal-tender aotes shall be redeemed and canceled to the extent of 35 per cent of such excess until the outstanding and unpaid legaltender notes shall be reduced to $200,000,000. ;

Morton and Schurz took no part in the debate on passing the Currency bill over the President’s veto last Tuesday. Schurz was in Boston, where he is to speak on the late Senator Sum- ? ner, but where was Morton? Itisnot unkind to suggest that the Senator from Indiana does not wish to make -a reeord in opposition to that of +Pres--ident Grant. Theé day was a gala occasion for Logan and other small-bore inflationists, who stand ready at any time to exhibit their persons in dangerous places without much regard to the probability of accomplishing good by their performances. - :

THE ANTISECRET SOCIETY s FOLKS, | They Meet in Convention and Nomi- '+ mate a County Ticket. ' ; Agreeably to public notice, the opponents of secret societies assembled in ‘the court-house at Albion, on Thursday forenoon, April 23. .From ‘twenty to twenty-five delegates were present at the opening of the convention. Dr. Cook, of Albion, called the meeting to order. On motion of C.G. Fait the Doctor was elected permanent chairman. Mr. Fait was ehosen secretary.’ :

Dr. Cook returned thanks for the honor conferred. He said he had frequently been asked the object of this movement. In answer he would say that the people (what people the Doctor neglected to explain) ‘were afraid of secret institutions, which have become dangerous to the country.— (That’s' what Thad Stevens said forty years ago.) Fourteen governments (monarchical governments, the reader must understand) iad prohibited these institutions within their borders on account of their dangerous character. The Doctor wound up his speech by saying: “We want to nominate good, honest men to fill the county offices—men who are not bound by ties of secret societies.” T

Rev. J. T. Kiggins, of Ohio, offered prayer, invoking the blessing of Almighty upon the convention and those who labored in the “good cause.” The chair announced that the “party” had incurred an expense of five dollars in calling the convention, for printing, etc., and called on the brethren to hand over their small change. The brethren generally responded by shelling out twenty-five cts. per head, That noble patriot, James McConnell, then moved the appointment of a committee of three on credentials and enrollment. The motion prevail-

ed and the chairman (who seemed to forget throug'hout that under, parlié—mentary usages the author of a motion to appoint is entitled to the chairmanship of the committee) designated Messrs. A. Humphrey, C.G. Fait and Melanchthon DeCamp as such. cemmittee. Mr. DeCamp, who is yet quite a young man and probably does not care to have his record made at so early a stage; peremptorily refused to serve. Charles Wright was appointed instead. = :

The chair suggested a committee of five to draft and report resolutions.’ Silence prevailing for a few moments, that truly good man, James McConnell, said: “If no one else will make the motion, I move the chair appoint such committee on resolutions,” Carried. e

The ehair named Rev. Kiggins, Rev. Simons and Rev. Hyatt as the comnfi_ttee on resolutions; but at the suggestion of Rev. Kiggins the names of A. Humyhréy and E. Richmond were added:s - ; : ; .

Samuel L. Smith moved that a committee of seven be appointed to report names of candidates for the several county offices. This motion was amended, by Rev. Kiggins that the meeting elect such COmm‘ittee. Carried, and. the chair appointed John Bowman, James McConnell, Samuel L. Smith, Geo. Harvey, Dr. Chas. Woodruff, Henry Schlotterback and Ifenry Eby to perform this responsible duty. By unanimous consent, two additional names—lenry Favinger and Colbert Gregg—were subsequently added to this committee.. -

The chair now suggested that a motion be made to refer "all resolutions to the appropriate committee. Ever ready to render himself useful, that pure and virtuous patriarch, James McConnell, incorporated the chairman’s idea into a motion; but Rey. Kiggins insisting that no such metion was necessary and that “it was already understood.” Jam?s magnanimously withdrew his motion. Kiggins thén requested that resolutions be handed to committee. ! D

That, brilliant and incorruptible statesman, James McConnell, now offered another suggestion—the appointment of a committee to issue an address to the people of the county—accompanying the suggestion with a motion to that effect. Kiggins suggested that the committee should be small in numbers—a few being better than many; a large committee was liable to become too windy. It was finally agreed that the committee con-: sist of three—Rev. J. T. Kiggins, Rev. A. J. Hiatt, and E. Richmond.

That junselfish and high-minded champion of the “great cause,” James McConnell, had still another suggestion. He wanted a central committee, to consist of one person from each township, with a chairman who{ought to be at Albion. The chair (rather prematurely, we thought) begged to be -relieved of the responsibility of appointing this committee. Kiggins (who is not yet acquainted with the Indiana style) wanted to ' know jwhy such a committee is called central committee, and expressed the opinion that one of its dimensions would be entirely too unwieldy. ;Jim enlightened his co-laborer from Ohio, and the meeting proceeded to name the members of said s ' COUNTY CENTRAL COMMITTEE. ‘Washington—Joseph Henderson. Sparta—Cornelius Manford. Perry—Sam’l L. Smith. Elkhart—Joseph Weaver. e York—John Bowman. - -~ . Noble—Steadman Gray, ' | & Green—Henry Favinger. Jefferson—Ebenezer Guthrie. ; Orange—Murray Cazier. . ey _ Wayne—James Johnson. " : Allen—No appointment, Swan—John Miller. j Albion-—George Harvey. &, In order to demonstrate his superior knowledge of how to run a convention, Rev. Kiggins instructed the chairman that he ought to designate a certain portion of the room as a bar for the delegates and request outsiders to take back seats, so that friends and foes might be properly distinguished. = Those who were not of the “faithful and elect” took the hint and moved a few seats to the rear. . - The inviting peals of dinner-bells reminded the convention that the hour

for bodily nourishment had arnfved, and an adjournment was thereupon ordered—Rev. Kiggins admonishing the brethren of the “hub” that it was perfectly in order to extend the “usual courtesies” to their visiting brethren. AFTERNOON SESSION. - The convention again assembled between the hours of 1 and 2. About forty or rifty persons were present. ~ Rev. Kiggins, as chairman of the committee on resolutions, presented the following report: e . (WHEREAS, the principles upon which the two parties were based are no longer at issue between them; and WHEREAS the pledges made by the parties in power have been utferly disregarded, and instead of promised reform, we have increasing corruption and dishonesty; and ‘ WHEREAS secret societies and “orders” are in their essential principles subversive of civil liberty, and detrimental to the cause of human equality, and justice, and : WHEREAS it is the duty of good government to protect the law-abiding and the weak, and to restrain the evil; Therefore ' Resolved, Ist. That we unhesitatingly condemn the wholesale plundering practiced by those entrusted with the affairs of 01}1' government, local as | well as general, and that we demand a speedy reduction of the salaries of officers to correspond with the incomes of the people whom they serve.

' 2d. That no man who is under a-se-cret oath or pledge to any order or class, is qualified to perform the duties of any office of trust, and that the formation and administering of all such oaths or obligations should be prohibited by law. . ; 3d. That the sale of intoxicating liquors as a beverage is an unmitigated evil, demoralizing in its effects, filling our prisons with eriminals, and our alms-houses with paupers, and causing untold misery to helpless women and children, beside populating our graveyards with untimely dead by thousands annually; and we demand a rigid prohibition law. ,4th. That farmers and laboring men generally should be protected by law from the oppression of moneyed monopolists and corporations. That the present rates of interest (10 per cent.) are oppressive and should be reduced to six per cent,

5. That railroads and factories are the workingmen’s true friendsif properly controlled and restrained by wholesome legislation; and we demand such legislation as will give these corporations reasonable profits, their. employes reasonable wages, and their patrons cheap transportation and manufacturies. - . iy 6th. That “no man has claims upon the suffrages of the_ people, but the veople have claims upon the services of every man.” ' The resolutions were read seriatim, Mr. Kiggins explaining and commenting upon their contents. A slight change was made in the first resolution, after a somewhat protracted debate, the convention substituting the word “plundering” for the term “stealing.” The interest question also elicited various remarks, but it having become painfully apparent that “political economy” had not been studied by any considerabld portion- of the convention, it was wisely determined to ratify the resolution as reported.

The important matter of compensating Rev. Kiggins for his canvass of the county 'in the interest of the convention was brought to attention. Kiggins said he had received the full amount pledged by Albion, the sum of $2O, but only about $l5 from all the other townships. Harvey said the lecturer (Kiggins) ought to be paid for his work. McConnell suggested that -a collectioh be taken up, but Kiggins did n’t like the idea of getting his pay in that way. He thought it ought to be done privately, i. e., the brethren who pledged certain sums from the several townships must see that the promised stamps are paid over. . The committee on nominations now reported the following ticket: ~ Representative—George Harvey, of Albion. : I(lllerk—v—J ames T. Johnson, Kendallville. Treasurer—A. Humphrey, Ligonier. Auditor—Joseph Shew, of York. - Sheriff—Samuel N. Pence, Ligonier. Coroner—Henry Favinger, of Green. . Commissioner—Jno.Whan, of Swan. Real Estate Appraiser—Jos. Weaver, of Orange. . ; Harvey thought there were better men than he; therefore would rather havesgme other person nominated for representative. Kiggin‘s (remembering how promptly Harvey had planked down twenty dollars as Albion’s share for working up the county) said Harvey was just the man for the position. Dick Green, who had come all the ‘way from Lagrange to attend this convention and who interjected a good many quaint remarks, said he had once been an Abolition candidate for Representative of Lagrange county and polled altogether seventeen votes. Dick encouraged Harvey with the observation that he could calculate on a much larger vote than that. Harvey’s nomination was ratified by acclamation, as was also that of Mr. Johnson for Clerk. ‘

Mr, Humphrey begged to be excused from serving. He had two lawful excuses—one was old age, the other was feeble health. He had laid himself on the shelf, to remain until laid . in his grave. Joseph M. Fry being suggested, he also declined for the same reasons as assigned by Mr. Humphrey. The candidacy was then tentered Edwin R. Hill, of York township, who kindly consented to “stand.” | Mr. Shew’s nomination for Auditor was unanimously confirmed. Mr. Pence stated he would rather see some one else nominated; but Mr. Fait remarked that inasmuch as Mr. Pence had served im that capacity in Ohio, and was consequently experienced ‘in the duties of the office, he was just the man. Mr. Pence acquiesced without further struggle. The remainder of the ticket, as reported, was then ratified. - Rev. Kiggins offered the following which was unanimously adopted: . Resolved, That we unqualifiedly condemn the course of public journals which are under the control of secret orders, and treat the anti-masonic movement with contempt. That we will patronize such as keep their columns open for the publication of a fair discussion of both sides of the gecrecy question. bt : Rev. A. J. Hiatt, who declared himself enlisted for the fight if it takes all his life, was elected delegate to the national convention of the anti-gecret

society party to be held in the city of Syracuse, N.Y. His expenses are to be defrayed by the brethren, each township being expected to fork over five | d;ollxd;rs for that purpose. = ‘ No further business appearing, the convention adjourned sine die. - . | IR RN GTR | THE VETO MESSAGE. The President’s message returning the Senate Currency bill without his approval has the merit of being short and pointed. To understand the veto, it is well to understand what the bill provided. Tlt.declared that the maximum amount of United States notes should be Four hundred millions of dollars. This had been the original limitation; in 1866 Congress authorized a contraction, and the amount was reduced to three hundred and fifty-six millions. In 1867 Congress repealed the authority toreduce the amount of currency. Theamount of outstanding note remained unchanged until, in 1872, the exigencies of some speculators in New, York enabled Secretary Boutwell to discover that the $44,000,000 of notes redeemed and canceled in 1866-'67 were a “reserve” which the | Treasury might issue or not, at its discretion; and he thereupon ordered that several millions of this currency | should be placed on deposit in New York to make the market easy. This matler was investigated, and the Senate Committee on Finance reported that the reissue of any portion of ‘the $44,000,000 was unauthorized by law. However, in 1873, when the panic came, the President and the Secretary repeated the operation, and issued, from time to time, $26,000,000 of the $44,000,000 of so-called “reserve.”— When this bill passed Congress, the amount of United States notes actually outstanding was $382,000,000. The bill, as it passed the House, was intended to legalize the questionable act of issuing the reserve at all, and the limit was placed so as to include the whole of it. In addition to this, the bill authorized an increase of $46,000,000 of National Bank notes, placing, however, some important restraints upon the banks. This is the bill the President hasvetoed.

The President, in stating his objections, admits that it is questionable whether the bill might not in fact have had the effect of contracting rather than expanding the currency, but he justly holds that the bill theoretically increases the irredeemable paper circulation $100,000,000, and has been supported on that assumption. -- Should the bill fail to have this effect, it would result in a demand for additional inflation. = This theory, in his opinion, was a departure from the true principles of finance, national obligations to creditors, Congressional promises, party pledges, and from the positions taken by him in every annual message, and in his inaugural address. His statement of the action of Congress and of the Government on this question clearly shows that the nation is solemnly pledged to make provision at the earliest practicable moment for the redemption of the United: States notes .in coin. Thke President claims that the $44,000,000 of currency in excess of the $350,000,000 are a reserve, and a,necessary one, to be held to meet any emergency, and for the redemption of the fractional currency. He thinks that upon the least tendency to specie payments this fractional currency will be returned for redemption, and specie will rapidly take its place. i _ B The President further argues that when the United States notes authorized to be issued shall be reduced permanently to within proper limits; the premium in gold brought to a low point, and the Treasury so strengthened that it can redeem these notes in coin, then it will be safe to inaugurate a system of free banking. He does not approve of free banking when the bank currency is redeemable only in another currency not redeemable at all. He thinks the claim that there should be free banking because several States have less than their quota is answered, at least for the present, by the fact that there are $4,000,000 of authorized bank circulation assigned to States having less than their queta which have not been applied for. - This message is calculated to have a beneficial effect upon the business ‘of the country. It p’racticallZ prevents inflation feor three years to-come. It therefore gives that lease of stability to the national finances. It will emancipate the capital that has been virtually locked up since last fall, afraid to venture into new enterprises while the action of the Government was uncertain. It will give stability to all branches of business; give fixed values to real estate and all other commodities; and generally restore commerce and trade of all kinds to a more healthful condition than they have been in since the panic of last September. ; ‘

The message will prove beneficial to the national credit for another reason. The recapitulatiomr of the national pledges to return te specie payments at an early day, accompanied by a declaration of the Executive that those pledges must be -maintained, will remove the damaging suspicions of American honesty which have been produced by the speeches of some of our so-called leading statesmen, and by the even more significiant votes of a majority in each House of Congress.. It will be encouraging to our national and our personal credit the world over to know that the President is “not a believer in any artificial method of making paper money equal to coin when coin is not held ready to redeem it;” and that “paper money is nothing more than promises to pay, and is valuable only in proportion to the amount of coin that it can be converted into.” The argument of the President seems to us to be conclusive, and we do not hesitate to give him full credit for the firmness with which he has performed his duty to the country in the face of hostile majorities in both branches of Congress.—Chicago Tribune. Burning of a Chicago Theater. CHICAGO, April 27.--The Globe Theater, situated on Desplaines street, between Madison and Washington, was entirely destroyed by fire about two o’clock this morning. The building was owned by the German Workingmen’s Society. The loss is estimated at $35,000; insured for $8,600. Frank Lawlor, proprietor of the theater, loses from $3,000 to $4,000 with no insurance. = The saloon, owned by L. Schuchow, and gituated in one corner of the building, sustained a loss of $l,500, fully insured in the city companies. The fire originated in some unexplained manner in the saloon, and it is thought to have been in the work of an incendiary. 'Wm. H. Harrison, late treasurer of the theater, has been arrested on the charge of having set fire to the building. He asserts his ability to prove his innocence and has borne a good character heretofore.— The owners of the theater claim that it was worth $lB,OOO, while the insurance was only $lO,OOO. : A Bold Robbery at Plerceton. PiBrRCETON, Ind, April 28.—The family of J. E. Thatcher were chloroformed last night, and $1,500 were sto‘lom of the builm-griwéfi“ : '1‘1_:: T 0 was comm by persons to whom Mr, Thatcher’s affairs were known,w‘a&m got the snmy fi'm:io the Express ( mpl&y‘ ny, and intended to use it to-day. No clew to the robbers. =

J.DECKER i : ; | \ Is ]ust 1-ecei\'i\ng\orlxe Of tl{e léifiiges{: Stocks.?f .. ix : Groceries, Provisions, Qu\eensware.,‘ G;assware; lAnd evel-&thihg p(?rtaini_n g ‘tn fhe I),EOPLE’S WA;TS, all oi Whlch

, ' Wlll be,sc.)ldl cheapér than ever. : I am selling new Fresh Pickerel at ~ Five Dollars per half Barrel. Good Rio Coffee, 3! pounds for Ok Dollar. - | I ,hav'e‘A received 9,000 gallén-s 'StOne'\Vare-ésélfilihg at 10 c. per gal.

Willl dppéayinrthe BA,NNER of May 7, 1874. - I am Selling Mea Cheaper than any Ten ‘- . e e _(’C‘(»_)'mpahy.' - P : . ® W " hs ;: : : ” ; . 5! : Subscribe for the Banser to keep yourself posted where to

11874.- OUR SPRING GREETING. -IBi4. LIGONIER, ---- - - - INDITANA. . Call and See thé l?eautif;nl Spring Styles, just received, such as DRY GOODS,BOOTS.SHOES f - Hats and Caps at Bottom Prices. . Our stock can not be snrpaesesctlol(i:i g%x(z)tg%,s '%l:x?gi f;)fi sfih::ggggse.cuw; would ;:all atte;liion to eur ' LADIES’ FINE GAITERS. ) . s : ; : Also to our immense stock of ‘ - » FLANNELS, YARNS, JEANS AND BLANKETS. Which we are offering "at Factory Prices, defying all competition. . i - Our Price List, for Cash Only : READ, REFLECT and THEN EXAMINE the GOODS. Standard Prints, per. yard, fr0m............... spn s e s enns T 5O 1008008 Glnghams; 88 10W 88. Ji. el iiy Fiun vain ol iahs e b e T Standard Sheeting, perpard,.:....... .. egl L 8 to 123 cents Bleached Sheeting, 1 yard wide,:........«.. ‘.o il il ....10 cents Lansdale Sheeting, peryard... .....c.. «...cooiiei i 15 conts Paper Gambtics, per yard. &tnSld el L i i diai it oo oo oo ST BRI Tlcking,per yari. t\12%t025 ceqts Table Cloths, all Linnen... .oo..iociiiie i aviiali o U 055 donfs | Denims, per yard ... ..o v cedytis AVeis vt ano STI Gl RS Carpet Warp; per Pound. .. ... s i. ivieaiiesiieass sonihosnadsase . .80 conts Factory Flannels, formerly sold at 55 cents, will now be sold for. ....40 cents Hoosier Jeans, best, formerly sold for 75 cts., will now be sold for. .6214 cents Woolen Y arns, best, formerly sold for 1.10, will now be sold for.. .. .. .90 cents A very large and well selected Stock of Staple and’ = I FANCY DRESSGOODS. = All'Wool Delaines; par yardo. o 0 00. 00l il io A GOOO 8 cents Wash Popling, as low @B.........co.oiiniiiiii i 0 123 conts Striped Reversible Shawls. |........ (oiiiiiiiiiiiiiiiiiiiiiiin..n.. $2.00 A complete assortment of White Goods, just received.’ _ NOTIONS AND FANCY GOODS. - Coats’ and Clark’s Cotton Thread, four spoolsfor.. ..................$ 25 Alexander Kid Gloves ... . .icvii co it abib il ol Wit s Lo TS Ladies’ Handkerchiefs .. ..l i ddegain 4, oi i 08 Ladies’ -Ootton. Hoser .0 L siwilipiviises conh e 30T 0000 o 0 serseegen 010 GOOB Comsets. ... vu i iiiiidviial Disilisigiie e iiits oWk inh et wmes o ow, NS Ladies’ Belts. ... .... .o . iuiviniiiia i iin diiidiiiiiiiiniiiis s vagey 20 : - BOOTS AND SHOBS. Men's Stofia Boots .. o 0 isvii o iniiscasieoi buv iR IR LB 0 BRI Men’s Hand.made Kip Boots,f._,. ~.".'... we sy R 4 s ey peae 3.}‘..‘.- m A Men’s Hand-made Calf 800b5...........0. .o i idiin i cee.. 550 La,dies’Shoes,all calf-¢ el il .;__A‘.A.L.._'......a'...--.--.-ig.....,.. 2,26 Ladiés’ Button Gaiters, besb. ... ... oo viiiii dii i OT, 8.00 adies’ Lace Gaiters, g00d...................0iviiiiiii0n i 150 adies’ Congress Gaiters, job 10t............c.0...ue. vsl ian s e D i A Large Assortment of Ladies’ Seamless Shoes, Hats and Caps Largely Reduced in Prices. A Nice Line in Carpets at Very Low Figures. - ( ‘We ave unable 40 give pricea for gur imsigase stock (n theee voluman. but osslially livite you all to .~ Come and See for Yourselves | That our Goods are offered Cheaper than st any other Store in Northern Indiana. ™7 BUYING AND SELLING FOR CASH ONLY, ONE PRICECASHSTORE. est oty . JACOBS & GOLDSMITH.

BUY CHEAP GOODS.