The National Banner, Volume 13, Number 4, Ligonier, Noble County, 16 May 1878 — Page 2

o ARG O T‘"”@” The Fatiowal Banner L _ « - i it : wj ‘ —_—_— e i J. B. STOLL, Jdimr qngl-?ropribtor. v ' LIGONJER, IND,, MAY 16th, 1878. “No man worthy of the office of Presidcnt shoutd be willing to hold it if connted in or placed there by fraud.”s-U. 8, GraNT, : THE CONTRACTION OF THE CURRENCY. © Inavery cgutiput manner, and with ! evident distrust, the editor of 'the Lagrange Standard has undertaken to "show that the contraction of the circulating medium is largely imaginary I that including gold and silver iin the country we now “have nearly 955 mil- ~ lion dollars currency,” and that while he concedes “a contraction of five millions on- the ‘available currency’ of 1865,” there is to-day “a great increase on the actual circulation!” In support of this daring proposition he guotes at length from the Finance Re- | port of 1863, a ‘critical analysis of which would play sad havoc with his deductions. . Our chief and in fact only aim in engaging upon a review of his exhibit is to reach fucts, that the people'may: be afforded an opportunity of judging for themselves whether the circulating medium has been /diminished to their detriulent. or whether the oft-re-peated charges to that effect are exaggerated or false in toto.. All the people are vitally interested in this mat- . ter, and it is for their benefit that we subjeet ourself to the axduous labor of gathering from a stack of official state‘*ments the exhibit herewith presented. REPORT OF SECRETARY FESSENDEN, The Hon. Wm. . Fessenden published a report soon after he entered upon the duties of his office, (Messag- : es and Documents abridged 1864, page " 193), which shows that on the 30th day of June, 1864, the total amount of the national debt was $1,740,690,489.43, and among the curreney itéms, which - constituted a part of that indebtededness, were the following: (See pages 220, 228, and 230 of same document.) U, &, notes, greenbacks.........s 431,178,670 8¢ Postal fractional currency....... & 22,874,877 25 Interest bearing legal tend. notes - 168,591,450 00 Certificates of indebtedness....... 160,720,000 00 National Bank n0te5............ 25,825,695 00 Seven-thirty Treasury notes..... 109,356,150 00 * Certificates issued for temporary : degosns.. vdusedkat SOl 98901101 44 To this add State B’k circulation 133,000,000 00 Total circulating medium, June % oth, 1864.....c................81,125,877,034 53 SECRETARY M'CULLOCH’'S REPORT. Secretary Fessenden was succeeded by Secretary McCulloch. His report " on the finances was submitted to Congress December 4, 1865, - (See messages and documents abridged, 1865-6, page 192). It shows that the national debt had been increased to $2,808,- | 549,437.55, and-among the items given |4 in sa}d report ‘we find the following, showing the amount of paper issued ' by the Government which served as a circulating medium in the year 1865: Com¥ouna interest notes due ’67-8..% 173,012,141 _ 7-30 Treasury notes due in'lB67-8. ... 830,000,00) Certiflcates of indebtedness due 1866 55,905 (00 Treas’ry notes 5 per ct. Dec. 1,1865. = 32 536,901 United States notes (greenbacks)..." 428,160,569 PFractional currency................. 26,057,469 1 POBBL.. it iie s dais oo o 81,545 672,080 .+ Add National Bank notes...........n'?gg:gggfggg Also State B’k notng then in circulaton........ .. 65,000,000 ‘Total circulati inm, Fi ko 31, msrc ong s f‘. Sou f).bffo,l,ms,fimoeo ~ The above official reports prove that Ain. 1864 the circulating medium amounted to over eleven hundred million dollars, and in 1865, to nearly eighteen hunred “millions of dollars. (Trustworthy duthorities placé the circulating medium on July 1, 1663, at $1,803,702,726.) b o ~ Now let us turn to the circulating medium at the present. ‘ EXHIBIT FOR 1878, :

Greenbacks, May 15, 1878.............4346,681,016 Fractiona! currency, May 15, 1878, ... . 16,804.981 - National Bank netes, March 30, 1878, 320,761,394 GOld ' MObeN, .. i e 1,432,120 Silver coin of every description....... 42,000,000 '1‘0ta]....'.........,................;m Deducting this from the amount in circalation in 1865, it Shows that from 1865 to 1878 there was a confraction ~of the circulating medium to tlhe amount of $1,067,992,469. We riow assert, without fear of successful contradiction, that this contraction is one of the two causes which have operated since 1868 to produce the universal distress which aficts ~ every part of the country. ’ The other cause alluded to may be found in the fact that after the great contraction had been consummated (between January 1, 1867, and Novem- . ber 1, 1888,) the people were required by the government to pay, and did pay, the immense sum of $656,000,000 of the public debt which was not due—the amount so paid being more than $200,000,000 in excess of lawful authority for the reduction of the debt. - To these two mighty agencies—contraction, causing a-great scarcity of money, and an uncalled-for payment of debt, not due—the unfortunate condition of the country is attributable. . We challenge the obedient servants of | the money monopolists to point out -any other adequate cause or causes,

Upon mature reflection it must. beeome apparent to the Standard that it is fallacious to include in the currency exhibit for 1878 the gold and . silver coin and bullion estimated to be in the coutitry now, while excluding gold and silver coin from the financial exhibits of former years. The . supply of gold and silver, according to -the best ohfainable estimates, was at ~ no time less than ore hundred millions, If notice is to be taken of spe- ~ cie in 1878, it will not do to iguore that item for 1865, 1866, &c. . The item of fractional currency, invariably added to curreney exhibits, is - not now properly chargeable to the volume of currency. Very little of -the sixteén millions of fractional cur- - rency is now in active use. Tndeed, - we very much doubt if over one-half - of that amount is still in existence. : But we maiitain that while the toWWWQ foots. up ,Mml cireulating - mediam falls over two. hundred; and e u,M BRIV o 1 shat som—--5 : g,h«;"?'*w *,b “?w ek ¢l Mfihflm iNW Bl o eel

rredemption of fractional currency, special -deposits for the redemption of -certificates of deposit, greenbacks on deposit in the 1. 8. Treasury for the purpose of yetiring circulation, na‘tional hank reserves, &c., amounting, (October, 1877,) in all to $215,700,000. A stilt'greater reduction could be demonstrated by applying theold bankers” rule for estimating their gains, by reason of the destruction ~of their notes by fires and other mishaps, viz: 2 per cent. per annum—(sloo,ooo,oooin nine ‘years would probably ve a low esti-mat_e),—-—butg; the exhibit is'_‘alr.ead‘y insignificant enough without taking no‘tice of this important point in the consideration of this subject. D ety — : -~ THE BEYEN -THIRTY NOTES. In reply to our challenge ot a few weeks ago the Lagrange Standard of ‘ last week says: ; But. then there is no use of words about contraction, unless there is'an agreement as to what is “currency.” To the official report of the currency of 1865 as given above, some add the 7-30:bonds then out, payable in three years, and which were taken up in 1867 and 1868 as they became due; ‘bonds at 6 per cent. being issued in their stead, the Government thereby saving an lmmense'sum ininterest. If _these 7-30 bonds are counted as currency, then there should be added to the currency of 1865 some 850 million dollars, and thus footed up and compared, the present currency would show.great contraction. We . have not classed these as currency, nor have we yet found ‘any Treasury reports that do 80 class them. If thess are added to the currency of 1865 the 4,414, 5 -and 6 per cent. bonds of to-day should be -added to the currency of the present. ‘That our eontemporary is in error in regard to this matter, we will endeavor to' demonstrate by such facts as oflicial documents and the public records afford.

1. These 7-30 obligations (commonly called. 7-308 by reason of bearing interest at the rate of seven and threetenths per centum) were not called “bonds” but mnotes, The law designates them notes, and the comptroller of the currency invariably enumerates them as such in hisreports.

2. These 7-30 notes were made a legal tender and paid out as money the same as greenbacks: (See actof June 30, 1864.) . <

3. Hon. Horace Maynard, chairman of the House Committee on Banking and Currency, stated on the floor of Congress as late as March, 1874, that “these notes were engraved and pre“pared in a form to circulate as mon“ey; and as a matter of fact they did “so circulate until the interest accu“mulated so as to make them superior “to the ordinary class of currency, “and they formed a part of thereserve “of the National Banks.” This is pretty strong testimony, we think.

4. In a debate in"the Senate, April 9, 1866, at the very time these notes were in active use, Senator James; Guthrie, a former Secretary of the Treasury, declated the paper circulation at that time “actually fifteen to “sizteen hundred million dollars.” And his reason for saying so he gave in these words: “Beécause I think the “compound interest notes and the. “seven-thirties are substantially mon-, “ey, and take and occupy the place of “money.” : :

5. The Secretary of the Treasury in his report of December 4, 1865, said of the 7-30 notes: *“Many of the small o deno"minations of which were in cir“culation as money, and all of which “tend in some measure to swell the inflation,” Substantially the same statement occurs in Secretary McCulloch’s report for 1867. In the light of these statements it is absurd for the Standard to say that these 7-30 notes i shall be classed in the same category - with the 4, 414, 5 and’6 per cent. bonds. 6. In his regular report of 186 s, U. S. Treasurer Spinner said: %There ““wefe issued by the government dur“ing the rebellion thirteen distinct “kinds of paper money.” In the list ‘he enumerates these -very 7-30 notes, temporary loan certificates, certificates of indebtedness, compound interest notes, five per cent. notes, &c. Itisto be presumed the Treasurer of the United States knew whereof he was ~speaking when he called those notes paper money—knew far better than those who now, for a party purpose, ~declare they were not money, and were not used as money. ]gdee(j, the history of those notes—their preparation, ‘engraving, how used, and how characterized by the gévernment treasury officials—shows that they were used .as money, and made a part of the circulating medium of the country.

For further particulars on this subJect we respectfully refer the Standard. to the report of Hon. W. P. Fessenden, then Secretary of the Treasury, dated December 6, 1864 (Finance Reports, 1864, page 21). ~ Also to “Financial History of the War” by Hon. E. G. Spaulding, chairman of the SubCommittee of Ways and Means of the House of Representatives during the war. g 5

AT THE METHODIST ministers’ meeting in Chicago, last Monday, the Communist question was discussed at considerable length. The depressed conditon of the laboring classes and the consequent danger of communistic outbreaks received proper attention. The most practical view taken of the situation was that of Dr. Thomas who Baid “he was glad that this subject had been brought up for discussion.. The agitation among the lower classes evidenced something wrong. In this emergency it was the duty of ministers to mediate between capital and labor. This was the greatest grain market in the world, yet people were starving. 'These things ought not to be, and discussions must result in effecting some permanent good to those who complain.” Dr. Thomas is right. Denunciation will not ‘remove the ‘ evils that confront the nation. Let there be a thorough, careful and imPartial investigation into the causes that have produced widespread discontent and misery. = They are not difficult to reach, if men: will only di' vest themselves of prejudice and pre-

Our granger correspondent of Elkface on the finance question in last ‘week’s BANNER.” We are truly glad o this, for we had begun to think that T, like the basis hie advocates (gold ‘and silver). had done as the latter did -early in the rebellion, retired to the rear and became lost in the smoke of ‘battle. It is a hupeful sign to see Bro. “So 0 investigating. As soon asa man commences- investigating the finance ‘question, with a full desire to obtain knowledge, his case does not long remain doubtful. It is investigation ard agitation of the finance question that is now bringing about this great greenback revolution in the country. But to the subject. : Bro. “So” says that we have tried a paper currency without a specie basis some three or four times in free Amer[ica and all were failures. Now, Bro,. ‘please tell us when these times were, and we think we can satisfy you beyond doubt that you are mistaken.— On the contrary, we will assert that a _paper currency with a specie basis al~ways has been and always will be a ‘deéception, a fraud, and a swindle.— ' Banking is never engaged in by anybody - except it is profitable for the banker, and unless he can issue moré paper dollars than he has specie dollars to back it, he lets it slide. Banks have generally issued from ten to ff-: ty times as mucz:lpaper as they had specie in their vaults, hence financial failures ensued. Now, will Bro. “So” tell us how he will get “a sufficient amount of circulating medium to supply the demands of trade?” Upon his theory we are only to have a paper dollar issued for every specie dollar lieing idle in the treasury waiting to go out on call. Whenever a specie dollar goes out, a paper dollar comes in; consequently the amount of specie in possession of the secretary of the treasury would be the exact amount of our circulating medium, which no well-informed person will admit is more than one-tenth part enough to supply the demands of trade. Our national currency is now considered good, but we object to it because it is too dear; we want a cheaper money. What basis are the national banks founded upon? We think Bro. “So” will say, national bonds—mnot gold and ‘silver. Now, what. are the national bonds founded or based upon? Bro. “So” will be forced to acknowledge that the bonds are based upon the ;vfe'alth of ‘this great nation and the confidence of the people. . Now,lf this is” a suflicient basis for government bonds, is it not a sufficient basis for greenvacks to circulate among the peopleor a circulating medium, and how could there be fluctuations under such a system of finances? We are making this article too lengthy, but if Bro. “So” will tell us what he means by saying that $3 per day in greenbacks was as ruinous to industry as the contraction policy of the présent day, we will patiently wait to hear him. The first excursion pic-nic of: the season came off on Saturday last.— Aboutone hundred were in attendance from Ft. Wayne, Wallen and HHuntertown. It was too cool to bea very enjoyable feast. Overcoats were in order,> while ice cream, lemonade, &c., were decidedly too cool for comfort. . The new steamer, “W. Q. Houghart,” is giving universal satisfaction, and is the pride of the city. ~ Jake Kraner has left Kendallville, and has now become a permanent res- | ident of Rome City. Jake is acknowledged by all to be one of the best bak.ers in America. He will furnish the ‘best quality of bread, cakes and pies for Rome and adjacent towns and all the region of country round and about. XKendallville’s loss is Rome ‘City’s gain. = . - It is now a settled question that the Fourth of July will come to Rome City this year. General arrangements and a programme will be made out soon. SE

~ Col. Rodgers, of Fort Wayne, has erected.a new boat house here. The ‘Colonel will spend many of his leisure hours at Rome hereafter. ' . Rumor has it that the Wolcottville Gazette will move. to Kendallville, where it will become the greenback organ of the thirteenth congressional district. If this be so, the Gazette will then have room to spread herself. Heavy frosts on Friday night of last week and Sunday night of this week. “Jap” was in town on Saturday last. He came a little too late for- the first ride on the steamer and went away a Little too soon for the second. He was just in fime, however, to show some of the pic-nic girls how to “trip the light fantastic toe.”

Rome City will send a good delegation to the greenback’ eonvention at Albion on; Saturday. - Let every other part of the county do likewise. i A daughter of 1.. B. Moore of this place died on Saturday evening last of dropsy. She was buried on Monday at the graveyard between here and Brimfield. Her age was about ten years. pa e : ( : i

As far as heard from, the fruit in this vicinity is nninjured by the frost, except grapes. From present appearances the grape crop is ausgespielt. : sicqe o AR

~ ON MONDAY last Hon.’ Clarkson N, Potter, of New York, introduced the long expected resolution in the House providing for the appointment of a committee to make a thorpugh investigation "of the presidential election frauds in Florida and Louisiana. The Republicans (with the exception of Butler and Fort) refused to vote on the adoption or rejection of the resdlution, by which maneuver the House is left without the required number of \votes to .constitute a quorum. This method to defeat investigation has been adhered to ever since, and af the hour of going to press nothing had been accomplished, ~ Ep, MoLLoY ‘has become editor of the LiPorte Ofbronicls, and marked improvement s already noticeable wields a versatilepen, el

R R N R R O S RN IS PT S ~ Last Sabbath we very pleasantly spent the day on the Hawpatch, our old home. We availed ourself of the opportunity to attend the Sabbath school just organized at Poplar Grove, and think that it comes nearly fulfilling the object of Sabbath schools, viz: to teach the younger pupils to understand the teachings of the Bible. Every: township should have a few ‘such schools throughout the country. ' “Fire, fire, fire!” Mr. Moore’s house caught fire' Friday night, but through the timely help of the people of the town, the house was saved, but not until a large part of the roof and cor-. nice had burned. Mr. Moore’s loss is probably thirty dollars. : _©nce morg we say, fire. Now it is tfie woolen factory at Port Mitchell, that was turned to ashes last Saturday night. At about 3 o’clock, ‘A. 3r,, Sunday morning Mrs. Winebrenner saw the light of the fire:in the factory, and the alarm given, but it was too late.— Factory, machinery and all were in ashes before morning. There is nothing surer than that some one kindled the fire, but who is not known and, it is presumable, never will be known. We have no estimate of the losses.— This leaves the county without factcry or carding machine. What will the grangers do with their wool?

- Last Tuesday we called upon “N. ew Leaf,” and enjoyed with him an excellent dinner.. Thanks to his bettei half. “New Leaf,” when we find proof that two times one are one, then we respectfully invite you to retaliate. It makes a great deal of djffererice whether one is on top, or under a horse when riding over a bridge. Al--80 whether a horse keeps on the bridge or rolls off at the side. Experiénce is a great thing. Trains on the B. & O. road run on a new time :table since Sunday, The day express trains pass here now instead of passing at Cromwell.. L ~ Several men have begun to sink & hole in the burnt district. They set out to dig for money. Prospects are very flattering, and the men have only to dig a few days longer to be rewarded with a fair supply of “specie.” Frank Kiblinger is fencing his lot on Main street, and where his house stood before the fire, a fine crop of potatoes will be seen growing in a few weeks. i :

- Will Hoff is again turning out his excellent photos. Qur feeble 'frame was turned to ashes by “that fire.” . ~ That heavy frost Sunday night did some damage. Some of the wheat on low grounds is killed, and garden “sass and sich” has gone likewise. We'see plainer than ever that Albion needs a calaboose. The authorities ought to know it,too. = * Now look out for Esther, for surely she will be here soon. o

It seems that our streets should be getting smoother, Where' has the work been done? :

Miss Jackman, -of Kendallville, is spending a few days in town. She will be organist in the rendition of the oratoria of Esther, the beautiful queen. _Thomas A. Starr was in town_over Sunday. ‘He speaks well of Hicksville. - We had a very pleasant boat ride with “Alexis” up on the Rome City reservoir a short time since. Rome’s scenery is surely a thing of beauty, and we trust a joy forever.

The plaintive notes of the lightning rod man are occasionally heard in our town. He stops at the Bradley House. Mr. Franks and Mr. Bassett, the oldest men in town, are in very poor health. Mr. Bassett has- been parallyzed, and in all probability will never recover. : : JAP.

SWAN LOCALS.

In the course of Swan events, it becomes necessary for us to do something in the way of writing a local for THE BANNER. As our little town has never been represented in the columns of your paver, I take the liberty to sling a little ink for her benefit, and should it meet the approval of the editor, we may be heard from often. | Crops look promising and the farmer is busily turning the soil that is to receive his spring crop, and as he follows. his team across the fields and plans for his future welfare he is cheered by the robin whose notes fall from the tree-tops which one short month ago were bare and void of the green Jeaves that now cover their branches.. _ :

If LaOtto did beat us-on the election,—never mind. One thing she can’t beat us in, and that is the dwarf man, whose exact weight, we are told, is four cents. How is it, LaOtto, can you compete ? .

Our school bell has gone off swinging in the lane, and her familiar tones will awaken the students to book 1n some other village besides Swan.

James Bunyan, of Ke‘hdaliv‘ifié,: gave our town-a- flying visit: —Call -again, Jim. i 2

It is noised that J.F.is about to buy a sixth interest in the Straiter estate. Why not take the whole farm, John? ) 5

Billy Worman thinks of investing his money this spring in a telephone line instead of going to the fat man’s convention. : :

Our dramatic talent went to Lisbon by an invitation and played “Ten Nights in a Barroom,” and “My Neighbor’s Wife.” We learn they were complimented as a success. e

An “Observer” at Avilla, a correspondent of the Standard, says for fear the correspondent. from Swan fails to mention the fact that the Swan Dramatic Troupe conducted themsélves! in a wvery boisterous manner while passing through that place, he will ‘mention it himself. Now, Mr. “Ob-! server,” you have got your nose in the. “vise and will getlt pinched. You know not what you are talking about. It was not the troupe you are alluding to, for they are of the best families and are highly respected, and know how to behave when from home: A word to the wise is sufficlent. Besure and wnanetyowwflwi?x&emmof our troupe, and you will e something besides s wouley | CoNEY,

~ MR.EAGLES® STATEMENT. ~ INDIAN VILLAGE, May 13, 718 To the Ediior of the Banner: i : . For some time past my attention ‘has been attracted toa few items which ‘have appeared in the columns of THE BANNER in the contributions signed “Magna,” “Charta,” and “Sharps.” - 1 have not cansidered it worth while to notice these “flings,” and thought they would soon cease and all be well. But each issue seems to contain something which in some manner implicates my character, private or official. I now see that “Magna” and “Charta” are laboring under a false impression. They seem to think that I am the possessor of one of those “two ponderous intellects.” I wish to state, before noticing anything further, that they are mistaken in their man,and further that I had no hand in procuring or asking any one to write the same. Upon the strength of their false impression they have made various statements to which, in justice, I think I ought to be allowed to reply, to correct mistakes and deny some assertions.

First, I wish to call attention to a statement made by “Charta” in THe BANNER of May 9th. We are obliged to quote: e

- It is always admitted that the people have the right to criticise the official acts of a public officer in a fair and candid way, and that officer has the right to defend his official acts; but he has no right to stoop to falsehood and low flung inhuendos against the private individuals who have had nothing to say through the press against his official acts.” . - The above is quoted from an article purporting tobe a“rejoinder toSharps.” But “Charta” supposed he was criticising my “official” or “private” acts, when writing the above to “Sharps,” and though I am not “Sharps” I think the remarks are intended for me, and for this reason I make this statement, and not out of sympathy for “Sharps,” for I think him sharp enough to take care of himself. But I wigh to say concerning the latter part of the quotation, viz: “But he has no right to stoop to falsehood and low flung innu endos, ete.” As I do not know wherein I committed acts of which I am charged, I can only repeat that the remarks do not show anything for me to answer or deny. If I have committed the acts complained of, then the charge should be made. to me ond ‘not to “Sharps.” : : In regard to the falsehood with which “Charta” charged “Sharps,” and which, as nearly all his statements do, fell directly where thrown, and that upon me. I will say in reply to that charge, which I think was intended for me, that the remarks of “Charta” are true in part and false in part. At the time I took the enumeration of District No. 8,1 was told either by the director or by one of the patrons of ‘the school that there would be a school meeting, and that a number of young men wished to be enrolled, some of whom wer® present, and that I should give certificates of enrollment. At that time I theught the step in accordance' with law, and therefore enrolled a few young men. But to the ‘best of my knowledge T'did not send any word to. the director; either by “constitutional advisor” or any other person. = ¢ : .

After the school meeting I had good cause to ascertain something in regard to who are voters, and if I can understand the law, I say that there were five illegal votes cast for Miss Caskey, but they were not all cast by young men. Now Icannot think that an error on the part of a_Trustee or any other person would change an illegal to a legal vote, or in other words, change the lazo. (Now,“Charta,” who must swallow that falsehood ?) And in regard to the vote at the Village school (No. 9,) your informant is under a wrong impression, for T think there were but three persons enrolled, and their names were not put on the list and I do not think-they voted for the teacher hired by me. And in that instance there was no one that remonstrated against employing the teacher hired by me. ‘As for the last paragraph I know not to whom he refers. ' As for me, I can truthfully say that there are many good citizens in Broadway district,men whom I respect and who, when this excitement has worn away, will admit that I did the best I could to advance the interest of the school. I assure the patrons that such was my aim., = = L

As "Magna”Lhas offered such a handsome reward, to any one who will furnish him with that remonstrance, I would state that the information he desires can be obtained of me. :

Noéw, “Magna,” we do not wish to rob ‘the people of any of their sacred rights, and we assure you that we do beli_eve in popular sovereignty, but not In the sense that you understand me to assert the doctrine. As a Trustee; such officer must perform his duty according to the law. Anerror will not make law, but law can correct an error. At this point I wish to introduce aquotation from school laws,pamphlet edition, page 119, the latter portion of answer to question 7: “It should be observed that the trustee is responsible under the law for the selection of suitable persons to ‘teach/the sghools of his township. This responsibility he cannot alienate, If he should delegate it to an agent, heis still responsible, He' cannot in the eye of the law, be relieved of this responsibilitg even by a vote of the patrons of the school.. The trustee should, therefore, be susfained if he should exercise the authority reposed in him by the law.” , ; : . Now as I was acting under oath required to perform my duty occording to law and the besg of my ability, I ‘pursued the course I did according to ‘my understandiog of the law. ; Now I l;:‘:e maltgmg to say in conclusion ‘and I hope they wiil show to the wrl“betwl‘a: have been striking at me, that their fears are all _groundless, and I sincerely hope that “we understand each other and that all mm@amwmpfiwqmmu assure the readers will be my course. | 1 am not an aspirant to any office wdd&gwmwgmahfllyot ap_pear before the people In that light. 1 am and hope to be s private_citizen | and enjoy the rights of same. Hoping |

- CGheenback Qonvention, All persons interested in vhe success of the National Greenback pa_.rtyJare reéquested to meet at the Court-House in Albion, on the 18th day of May, 1878, at 11 o’clock A. ~ forthe purpose of selecting delegates to the Stateconvention, and also to perfect a county organization. Let every friend of reform, and every one opposed to the ruinous contraction policy of those in power, turn out. By order of Central Committee, . - S NELsON PreENTISS, Chm. - L —— - E—————— o : “The Wounded Birds Flutter.,” Editor Banner: : s Perhaps *twas only whispers in the air that caused us to think it, but methinks now that if you had been at Broadway soon after Magna received a copy of THE BANNER of May 24, and walked four long miles to consult the “broken down politician,” you too might have heard something like the following colloquy:

MAGNA—Whatin thename of h—are we to do now that “Sharps” has brought a heavy gun to bear on us? ——ll do not know, I’m sure; he so well understands our former conduct that I fear we shall have serious trouble if we stir him up. For the present we can only trust to providence. T.et us——

- MAGNA—HoId, I say! I am too full | for devotion, so yom proceed and I will give vent to my feelings in a manner more -natural to me, and if we can’t raise the d—— in that way, we are lost forever! : ” : - After the above mentioned mutual freeing of consciences the parties proceeded to act, and then followed a shor’t_season,of mingled prayers and curses. g e

Whether the praying or the cursing effected the next resolution we are unable to.say. They resolved to adopt the bluff system and"if possible apply same to their cause, and this accounts for the article, under the caption above quoted, in last week’s BANNER. - Now, we consider that.there islittle to notice in said article, but perhaps we ought to let in a ray or two of light, to dispel the clouds which now obscure the statements made by “Mag= na,” 80, that the remaining portions, if any, may at least possess one virtue, viz: truth. ‘

Magna says: “In regard to ourcommunications being manufactured by a ‘broken down politician,” we are willing to let the readers judge for. themselves. But we do firmly deny having any assistants to aid us in writing.” Now, readers, we will here eredit “Magna’” with .one move in the right direction, upon the strength of the ‘statement quoted. For, as the readers of TnE BANNER are, by this time, quite well acquainted with the principal parties to this little controversy, we too are willing to let the people judge for. themselyes. L ~ Our statement concerning the feud ‘which has existed at Broadway for some . time, might be modified by the addition of a short clause like this: Tt will exist for years to come, provided Magna & Co. remain in the neighborhood. 5. ;

. In regard to “popular sovereignty,” we wonder why Magna did not examine the references we cited? Perhaps he did! But the man who knows so much of others’ business could not be expected to apply himself ..elosely enough to understand even so plain a matter! wi o

Magna thinks we ought not say anything about “*broken down politician.” Well, perhaps the veil ought not be torn from the past, and since Magna appeals to us to say nothing upon the sdacred subject, after a few consoling words we shall drop the veil: Though passed and lost, we assure you, you worked nobly and the effects must be hard to bear. But trustto grovidence! Now in_conclusion we will;say that we do not consider the matter in this debate containing enough to further interest the readers, and therefore we are willing and desire to bring it to a close. But if “Magna & Co.” fire another volley of paper wads, we assure them we have not yet spiked our gun. . Newplusultra, : - SHARPS.

NOBLESVILLE NARRATIVES.

. Shindigs occasionally. ‘ ' More improvements in our - little burg this spring than there have been for the past ten years. e Uncle Peter Surfus, near Wolf Lake, is building a new dwelling house, as I occasionally see him at our saw mill calling for lumber: ot Dr. Moore has a*favorite pet, in the way. of a hog. S Cherries are not going to be a very abundant crop in this locality. . " Brothers of Sparta township: Shake hands across the bloody chasm, and wage war no more. e

Health seems good af present. Hope it may continue. g THhHe woolen factory at Port Mitchell was destroyed by fire yesterday morning at 2 o’clock. No particulars. Young man, did’t you know when you took Simon Benhower’s log chain off that saw log 1n the mill yard you was taking that which did not belong to you? And do you think by bringing it back at the dead hour of- night, will save you from the penalty that awaits you? If you do, youare badly mistaken, for you: will be dealt with according to law as sure as the sun slaes Hitheenst o 0 e

Messrs. Beck and Wolf have taken from the store of F. M. Weirich since Mareh 13, 1878, up to May 11, "8, four thousand six hundred dozen of eggs. This is no snakestory, but an eggs-act statement of facts. 1f Christian Hawk would have one ‘of his farm gates on exhibition at the Fair I am confident he would take the prize. = Wake up, Christ., and be on gand. _ fl “Mac,” would it not be well to have a telephone wire from here to Cromwell, so that when “Father Grimes” needs your assistance in trying to manage “New Leaf,” he could let you know at a minute’s notice, and at'the same time it wouldsave F. G. that regular Sioux yell. : : I have repeatedly said that any one who would circulate stories against any person for the purpose of raising broils in a neighborhood, is too mean to be noticed by a civil community, and of guch we have. ; : The dwelling house of Mart Sheérwood, in Green township, was struck by a flash of lightning during the heayy thunder storm last Tuesday evening, but.very little damaged. =~ -The incessant rains have made corn E;l;ntiu‘gf very backgrard in this local- ~ “Mac,” when you hear that unearth-iiy-’:flhi_‘awféllyfgfi?at!msfig&mpfq?f@oafc come in a greater hurry but that you our dinner with ~ NuW Lrdr,

: CROMWELL ITEMS. The severe frost of the 13th will long be remembered by the people of Sparta, oo S The residence of Dr. Gants looks transcendéntly splendiferous after receiving the last coat of paint. A. W. R. Maggart did it.. R . Tne shop of Mr. Vanderford is undergoing repairs, which is a vast improvement to the appearance of the building. , et g e Preparation is being made to burn a kiln of briek here this sammer. Mr. Joel Campbell is;the man that is doing the business. ; ' i H. D. Cress and Dr. Makemson have a patent institution that is going to make them some money. We will give a further explanation in the future. SeE

Our school seems to be doing well now. Mr. Hartsock had some trouble in the start to bring the unruly ones to limerick, but if they won’t mind up comes their fuz: R R

The gravel road question is still being agitated. Dr. Gants is confident of success. Dy sR e

L. Makemson & Son have not sold out yet, but think they ars within three thousand dollars of making a bargain. g e

Magna, Charta, and Sharps: why not do like they have done over the great. waters—shake hands and make peace?. oo s e

X. L. C. R. says he went to the city of brotherly love and found the city in great excitement. . After looking around a little he found that most all its inhabitants had gone fishing. We find it the case some times, that men’ coming in from the country goalittle too near the depot; they lose their equilibrium, and hardly know whether the city is depopulated or not. How-. ever, come'again, X. 1.. C.'R.,, and wewill make it plain. . i We have no snake stories this week. : : L VALET.

The German Government decides fo decline the invitation from the United States to attend the International Coinage Congress. - This is the first to refuse co-operation. ‘ :

THE MARKETS.

LIGONIER.

GRAIN AND SEEDS.—Wheat, red, $l- - Rye, 50¢; Oats, 25¢; Corn, 33c; Flax Seed, $1 10; Clover Seed, $3 75; Timothy Seed, $1 50. Ll s e Propuce.—Hogs, live, ® cwi $2 75, Shoulders, per-pound, 05¢; Hams, 06¢c; Bees Wax, 27c; Butter, 08; Lard, 08c; Eggs, ¥ doz, 08¢; Wool, 1h,20@ 50c; Feathers, 50c; Tallow, 07c; Apples, dried, s¢; Potatoes,ls; Peaches, dried, 050; Hay, tame, $08; marsh; $6.

CHICAGO, May 15, 1818,

GRAIN AND SEEDS.—Wheat,sl 0434 ; Corn, 40%4¢; 0at5,2614c; Rye, 5815¢; Barley, 51c; Clover Seed, $4 25@4 30; Timothy, $1 [email protected]; Flax, $1 30.. PRODUCE.—Mess Pork, cwt, $829 @8 22%; Lard, $6 75@6 77; Hams, green, 06}4@07%{c; Shoulders, 415¢; Butter, good, 18@20, choice, 12 @ 15; Eggs, ¥ doz., 09¢; Potatoes, 35@40c. Flour, per bbl, $6 00@6 50; Bran, per ton, [email protected], = g PourLTrßY.—Turkeys, dressed, § 1, 10c; Chickens, @ doz. $3 00@$3 50. .

TOLEDO.-—May 14, 1878.

GRAIN AND SEEDS.— Wheat, amber Michigan, $1 19; N‘o.'{l'whit;e d051.27+ extra do $1.30; Corn, 42%5c; Oats, 30c; Clover Seed,s4oo. .. . = LIVE STOCK MARKETS. CnicAao, May 15.—CATTLE, graded, steers, $5 25@5 60; choice beeves, $415@5 15 ; medium:grades, $4 40@$4 65 ; butchers’ stock, $375@54 00; stock: cattle, $3 50@5450. = . o ~Hoas.—Sales of light weights were at $3.20@3 30 ;; common to choice heavy $3 10@3 25'; packing hogs, $3 25@ $3 40; inferior lots, $2 75@3 00. . SHEEP.-——Choice $4 00@575; falrto good, $3 00@4 50. - Aenii - BU¥FALO, May 14.—Cattle, Shipp’g, $4 50@530; Sheep, $4 00@550; 'gogs; good heavy $3 20; light $3560. = . e ——CT—— J MARRIED. = ' * May 4, 1818, in Ligonier; by Elder P. W. Crum, ‘Mr, Solomon Miller and Miss Jessie Kingston, all of Perry townehip, Noble ecoanty.. =~ - = - . Much happinéss and joy, Solomon." - : = On Sunday morning, May 12th, by. Rev. 4. E. Mahin, at the residence of the bride’s st,egk‘athexj. ggllilti :;1,;1 of Martin street, Daniel Null an 'Mamoiy

1. Dissolution of Co-Partnership. Notice is hereby eiven that the co-partnership heretofore’ existing belween Joseph Henderson and George W. Woodworth, under the firm namé of Henderson & Weodworth, has this day been dissolved by mutnal consent—George W. Woodworth retiring, All bills and claims due to and against said firm are to be collected and adjusted ' | by D. W. Green, Esq. e 2 JOSEPH HENDERSON, - GEO. W. WOODWORTH., Ligonier, Ind., May 6,1878. -3-3 w. Dear Me! What Elegant , Goods! . | We tnké pleasure in'inforining the Ladies of : Ligonier and surrounding country that by.calling at the Ladies’ Bazaar they will find a complete’ stock of Millinery and Fancy Goods, sach as Hats, Flowers of all colors, Bilks, and Silk Velvets, Crape, Ribbons, Laces, Embroidery, Edg+ ing, Canvas,nghyr, Yarns, all patterns of Fancy Stamped Card Board, Linnen and Cotton Floss, ' Embroidering Bilks, &c., &c. . ; A ' Just receive the nicest assortment of tips, flowers, millinery goods, &c.,.ever seen in this place, Ladies; call and examine our stock before purchasing elsewhere. . . e . . Also: Dress-Making, Catting and Fitting done on short notice. - Latest Styles of Patterns always oh hand. e - April 18, 1878.-52tf ‘ e G et | would respectfully ‘iAnfo_mj. ; their fi iéndshnrd the | public in gerferal that they have entirely with. drawn from the saloon business and have refittedthelr establishment intoa . ' - FAMILY et -. o, g tfi?_ x. _ ‘:{_v F L STORE. They have a large and judiciously selected stock R PR R S T Groceries, which they ofter the public at the very | Gl and seo us. "W will make ft an object for | Hi dhiost Markot Piles DSt for| e W ry Produce. *‘%M a 0 Lt Al o e S e SR G fim‘«%\i*;-“f‘é” 10088 & SaAY ot T AVURRE O A, | sl e Rl B e

ST e R SN TR eet e P R ILAKEK SHORE L AN awe ys 4 , s ) s b ] 5 Mickigan Southern Rail Road. On and after May 12th, 1878, tra:ns wll leave | o : gtj:)ons asfollowe: - s U GOTNGBARSE & : v Sp.NY.Ex. | Atle.Bv. = Ave , ¢ Chicag0.........920am.... 585 pm.. .1040 pm - E1khart......... 110 pm.... 950 .... 440'am G05hen,.;...L..51907 ~..9010 '5... 505 Millersburg..;, t 143 ..411027 ... 525 : Lig0nier.....i..156 . ...,1042 ... 540 ‘Wawaka....... 1207 +oo 11085 ¢ L. D5B Brimfleld .......215 (41105 .... 605 Kendallville....2Bo 5 31118 .... 620 ‘ArriveatToledes4o ... '240am....1025am - i GOING WEST: . . - Sp.Chic.Ezp. Pac. Fzp, Acc Tolredo..v.osoo+.llos am.... 1201 am. ... 820 pm Kendallville.... 230 pm.... 305am....1217 §m Brimfleld ....... 845 ~..1880 .. 1935 Wawaka......- 1855 ... 1330 ....1%48 Tagonter.,...... 3077 .. 340 ".. .. 108 o Millersburg.... 321 * ... 1366 © (... 120 G05hen......... 338 vOL g BEEDAPY. 00, 400 LT o 4 8h L Ben o ArriveatChicagoBoo ... 820 - .... 600 tTraingdonot stop. S Express leaves dailyboth ways. el L CHAB. PAINE, Gen’l Supt., Cleveland. T. C. MONTGOMERY, dgent, Ligonier. , x Cincinnati, Wabash & Mich. R.R _ Time Tabla No. 25, taking eflect May 12,1818, ' { GOING SOUTH. . i Stations. - No. . N 0.6. N0.4.' Nv.2 - -Elkhart....:. .....t. 720 am 330 am 420 pw Goshep...... ....... T4oath 410 am 440 New Pade 00l Svl L 4%s . 457 " B&OCrossg ....... ...'1 489 510 Milfordicoy, vodaiiiins P 441 513 Leesburg. ... <0..... 10367 - 456 528 NATRRW, {0 (00l o 513 - 545 N Manchestr ....... 125 pm 602 685 A Wabash, oo -il i 21660 724 s Marioniulos taal e ook 148 % "81% ; Alexandria., ....... ... 835 911 .- Andersen J. e 5 905 940 | Richmond.. ... zoii 645 ey | Indianapolis ....... ...... 9045 am 1050 pm . - 2 GOING NORTH. : Stations No,l' ‘Noi3' “N 0.5 Nol I’ Indianapolis 430 am’' 645pM ccecenrs weenmos Richmiond.. 4.0 1050 am .l Sl AndersonJ. 605 am 813 pm . .. Sada s Alexandria. 639 = 841 S Sesevan Marion ~... 742 4% kol R Wabash ..., 850 ' 1100 S Aneien) NManchestr 930 ~ 1147 “12pm ....... - War5aw,.,..1020 . 1252 am . .. S Leesburg...lo 86 115 am . ... Lénnnaid ‘Milford.....lo 52 F 36 1o o ke B& O Crosslo 55 140 eoo i New Paris. 11 08 187 | 4a57 el % ‘G05hen.....1130 am 230 am ‘6oopm ....... E1khart.....1150 am 250 am 620 pm ....... Close connections made: at Goshen with the L S & M. 8, R. R.; at:Milford with the B&OR R.; at Warsaw with the P, Ft W & C R R; at North Manchester with the D & E R R; at Wabash with the T, W & W R R; at Marion withthe P, C & St. LRR.. *.~ NORM. BECKLEY, Gen. Man.

D) . gLt Dbertisements, 'THIS PAPER 1S _ON FILE WIH gt cEoRRMELLE ~ 2 ~:Jq ADVERTISING ACENTS Uee e 5 et 7 ’ ~— 3 sE2(N Y = N owr oW : ‘ Where Advertising Contracts can be mavd. i S SR e R e Y AVEET PSS | ; e O SO/ 3 |Bl hal BRRksoreq A Cliewing BamSES T Tolaceo © Awarded . high i Exposition f finvam cln:win;‘jcfufilgt?‘e?c a:ti g;cm%ndxlgdf’smyo%u%' .. acter: of sweetening and Jlavoring, The best tobacce ever made.: As our blue strip trade-mark js closely imitated. on inferior goods. see that Jackson’s Best is on every plug. _Sold by all dealers. Send forrsam%le, free, to- C..AA. JACksoxN & Co., Mfrs., Petersburg, Va e e SRS o s ee o e g i ® ; 9 The Co-Operative | Newspapers. It has been asserted that one-half of ali money paid by New York advertisers for advertising |-outside of that city gzoes to the Co-oPERATIVE NEWSPAPERS, ? - - If this statement is true there is no occasion for | surprice that prominent papers which are still -charging war prices for advertising feel called up= on to abuee a rival with which they find themselves unable to maintain a competition, - * Full particulars about !ih‘e‘()o-operative News- |- papers, toigether with calalogues and advertising rates mailed free on application to BEALS & FOSTER, General Agents AMgriloAN NEWBPAPER | Unlow, 10 Spruce St., New York. 8 { ~ Whenl s‘é_;}r care Ido not:}nean merely to stop them for a time and then hdve them return again; | I mean a radical cure. lam a regular physician, and have made thedisease of : ! ' " iy ' . : Fits, Epilepsy or Falling Sickuess a life-long study. I warrant my remedy to care the worst cases. Because others have failed is no reason for not now receiving a cure from me.— Send to me 2t once for a Treatise and a Free /Bettle of my imfallible remedy. Give.exgress and post office. It costs gou aothilfig for a frial, and I will cure you.: Address Dr. H. G. ROOT, 183 Pearl St.; New York. S Y BEFORE BUYING OR RENTING A Cabinet or Parlor Organ Be sure and send for our LATEST CATATOGUE and CIRCULARS with nNew STYLES, .REDUCED PRICES and much information. SENT FREE, MASON & MAMLIN ORGAN CO.;, Boston, New York or Chicago. . < : o e e * A DAY to ‘a,gents canvassing for the - i Kireside Visitor. Terms and outi fit free, Address P. O. VICKERY, Au--4 4 ‘gueta.-vMaine: g 40 MIXED CARDS, with name, 10c. Agents’ J outfitloc. L.JONES & CO., Nassau, N. Y. ORG A N Sretail prices $2BO only $65, Pianos ; ; retailypricee $5lO only $lB5. Great bargains. BEATTY, Washington, N. J.° ‘ 2 5 Fancy Cards, Snowflake Damask, Assorted in 25 styles, with name, 10-ets. Nassan Card | €o,, Nassau, N. Y. ! | Yo | § MILL MEN, Ifyou need a ; good Saw-Gummer or Saw B Tooth Swage, write to J.W. 2B MIXTERSAWTOOLCQ. (Agents Wanted.) Templeton, Mass. Learn Telegraphy, and YOUNG MEN ston 2500 R e B a month. Small salary while jearning. ‘,ghuat_lona'furnisbed. Address at once R, VALENTINE, Manager, Janesville, Wis. sSR e e e S ) e CabineT ShoP o —AND— b - 0 : 2 Cabinet Wareßooms L i) . : ¥y SNy AR '-A\_\,/" ¥ o ey ;":, s /» et y ,r; SQ) !il A ’l..—_ - ; : ek R R T e . ‘Would respectfally :nnonita flafiflm‘- of Noble county that he has ¢onstantly on hand |, tlameasbewperiorsiockof Cabinet-Ware, DRESSING BUREAUS, TABLES, STANDS, - WarD-Roses, LouNGEs,Cup: CHAIES AND BEDSTEADS, ' ‘Cluss Cal m"i:fi articalar attention o ?‘3 L G o PN i e ‘tice. Also all kinds of shiobp work made £0 o r: gfih;i“ ~ m‘q %fl‘: ‘~»};;--.-<i;. o . ,‘;v"_ 4 '=—¥r £l. > ».;_gi ‘7.‘;}?& oiTS R SR DS R St SRR RO e