Rensselaer Republican, Volume 21, Number 15, Rensselaer, Jasper County, 13 December 1888 — Page 2

The Gno. E. Marshall, Publisher. . RRNB6ELAKR, INDIANA

Th* announcement that the public debt was actually increased 111,199,817 during November, was received with surprise by the average reader. The increase was due to heavy pension payments, and is not liable to be the rule. Tua report of lowa’s railroad Commission shows a deortßrfß in freight earnings tor the fiscal year of $856,283.75. This is due, think the commissioners, (1) to rate wap and (2) to the strike on the C. B. A Qwhich diverted much freight to lines outside of the State. As to the first cause a great many people are selfish enough to think that rate wars are profitable. ... Lord Salisbury, the English Premier, has declared himself in favor of woman suffrage. We hardly believed Salisbury could get out of the old Tory rut long enough to take advanced ground on any subject Probably he will now go a step farther and accord to Ireland the right of self government, a right enjoyed by ever State, county and township in this country, and which is clearly due the Irish nation. The Surgeon General's report shows an unpleasant state of things in the army. The whole force is 23,871, but of these 1010 are, on the average, constantly sick, and therefore ineffective for military duty. The discharges in one year for sickness are 648, for disability 714, for injuries 66. Add to this deaths from all causes. 214. The sanitary condition of the army posts has not been what it might and should have been. But if the reports concerning the morals of our army posts even approximate correctness the wonder is that the health of the soldiers is as good as it is. The orgies vouched for as occurring in Alaska would disgrace Attila’s Huns. Way do tobocco and whisky keep such close company? Because, says one of the English essayists.thetwo counteract each other. Liquors stimulate the nerves; and tobacco is used as a depressant He shows that when you undertake the dire of a drunkard you must see to it that he throws away his tobacco also. The doctrine is quite plausible, besides, birds of a feather go together. It is our nerves that, as a nation, we are bound to take care of; and it is as nerve agents that whisky and tobacco had better be let alone. One .hundred millions of dollars a year taken from the saloon till and distributed among the laborers would revolutionize poverty in a few years. After all, our miseries are mostly of our own making. Following the discovery of new uses for cotton fiber and cotton seed, and of the common nettle,comes the newsof the discovery of some remarkable uses to which the fiber of the banana may be put. Tne fiber extends the length of the body of the tree, or about 15 feet, and is of silken fineness. The utilization of all vegetable and animal substances for the service of man is the great desideratum of humanity. A few years ago Malthusianism was believed—that is, that the race increased faster in proportion than theincreaseof food and other necessities of life. It is now underatood by political economists that under a state of industrial civilization food products and other requisites increase faster than population. St. Petersburg is not commonly looked to as a source of liberal ideas. But the Servian Minister there has drawn up a new constitution-for his country which marks a distinct advance in governmental principles. It concedes, in fact, almost everything the Servian Liberals have demanded. Every male Servian twenty-one years old and paying $3 a year taxes is, by/the new constituti :n, entitled to vote and to enter Parliament. EntirS religious liberty is established, the present harsh distinctions against Jews being done away with. The press is made free, and individual liberty is guaranteed, so that eitixens will no longer, as at present, be in danger of arbitrary arrests and domiciliary searches without process of law. Such concessions as these, if the new constitution be adopted, will go far toward reconciling the Servians to the reign of their scoundrelly King, Milan, against whom of late been strongly tempted to revolt Perhaps the Inter-State Commerce Commi»r.ion will investigate a serious charge which has been brought against the locomotives of America. A correspondent of the North wersterh Railroader holds that they are largely responsible for floods and storms. Why so? Oh, because, says the respondent, they send into the air every week “more than 53,000,000,000 cubic yards of vapor, while 7,000,00 »,000 of that sort of cubic yards is quite enough to produce a good rainfall every twenty-four hours.” This has the force of a demonstration of at least 23.000,000,000 horse power. The curious question remains, and oneupon which Noah never threw any light, how many locomotives did it take to furnish the vapor that brought about the delnw c : No more the »un our face* fries, No m >re we mop the brow. And best of all. there are no flies

THERE IS NO DEATH.

Departed OAes Wail and Watch for Friends to Come. Heaven >« a H Ch»»g* for l-’am neHlrtrkxn Hinn re of Earth—Th" Oraeo • Soft lUatins P-ace. Rev. Dr. Talmage preached at the Brooklyn tabernacle last Sunday. Sub-, ject: “Our Departed Still Living.” T?xt Genesis xlv.‘, 27-28. He said: ' ; My friends, we are in a world Jby sin famine-struck; but the King is in ionptant communication with us, his wagons coming and going perpetually, and in my discourse - P will show you what the wagons bring and what they take back. In (he first place, like those came from the Egyptian palace, the King’s wagons now bring us corn, and' meat, and many changes of raiment. Weave apt to think of the fields and the orchards as feeding us; but who makes the flax grow for the linen, arid the wheat for the bread, and the Wool on the sheep’s back? Gh, I wish we could see through every grain field, by every sheep fold, under the trees of every orchard, the Kings wagons. They drive up three times a day morning, noon and night. They bring furs from the arctic, they bring fruits from the tropic, they bring bread from the temE erate zone. The King looks out, and e says: “There are twelve hundred millions of people to be fed and clothed. 86 many pounds of meat, so many barrels of flour, so many yards of cloth and linen and flannel, so many hats, so many socks, so many shoes;” enough Jor all, save that we who are greedy get more shoes than belong to us, and others go barefooted. None but a God could feed and elbthe the world. None but a King’s corn-crib could appease the world’s famine. None but a King could tell how many wagons to send, and how heavily to load them, and when they ; are to start. They are coming over the frozen ground to day. Do you not hear their rumbling? They will stop at noon at your table. Ob, if for a little while they should cease hunger would come into the nations, as to Utica when Hamilcar besieged itand as in Jerusalem when Vespasian surrounded it; and the nations would be hollow-eyed and fall upon each other in universal cannibalism,and skeleton would drop upon skeleton, and there would be no one to bury the dead, and the earth would be a field of bleached skeletons, and the birds of prey would fall dead, flock after flock, without any carcasses to devour, and the earth in silence would wheel around, one great black hearse! All life stopped because the king of wagons is stopped! Oh, thank God for bread! for bread! I remember again that like those that came from the Egyptian King’s palace, the King’s wagons bring us good news. Jacob had not heard froin his boy for a great many years. He never thought of him but with a heart-ache. There was in Jacob’s heart a room where lay the corpse of his unburied Joseph, and when the wagons came—the King’s wagons—and told him that Joseph was yet alive he fainted dead away. Good news for Jacob! Good news for us! The King’s wagons come down and tell us that our Joseph-Jesus is yet alive; that He has forgiven us because we threw Him into the pit of suflering and the dungeon of shame. He has risen from thence to stand in a palace. The Bethlemen shepherds were awakened at midnight by the rattling of the wagons that brought the tidings. Our Joseph-Jesus sends us a messegeof pardon, of life, of heaven: corn for our hunger, raiment for our nakedness. Joseph-Jesus is yet alive! Igo to hunt up Jesus. I go to the village of Bethany and ssy: "Where floes Mary live?” They say: “Yonder Mary lives.” I go in. I tee where she sat in the sitting-room. Igo out where Martha worked in the kitchen but find no Jesus. I go into Pilate’s Court-room, and I find the Judge and the police and the prisoner’s box, but no Jesus.' I go “into the Arimathean Cemetery; but the door is gone; and the shroud is gone and Jesus is gone. By faith I look up to the King’s p lace and behold, I have found Him! JosephJesus is still alive! Glorious religion; a religion made’, not out of death’s heads, and cross bv.nes, and undertaker’s screwdriver, but one bounding with life, and sympathy, and gladnesss Joseph is yet alive. The king’s wagons will after awhile unload, and they will go back to the paiace, and I really think t ’ at you and 1 will go with them. The King will not leave us in this famine-struck world. The King has ordered that we be lifted into the wagon and that we go over into Goshen, where there shall be pasturage for Mil largest flock of joy, and then we will drive up to the palace, where there are glories awaiting us which will melt all the snow of Egyptian marbie into forgetfulness. I think that the King's wagons will tsike us up to see our lost friends. Jacob’s chief anticipation was not seeing the Nile, nor of seeing the long colonnades of architectural beauty, nor of seeing the th rone-room, there was a focus to all hfe journeyings, to all his anticipations; and that was Joseph. Web; my friends, I do not think heaven would be worth much if our brother Jesus was not there. If there were two heavens. The one with all the pomp and paraphernaliaof an eternal monarchy,but no Christ, and the other were a plain heaven, humbly thatched, with a few daisies in the yard, and Christ were there, I would say; “Let the King’s wagon’s take me up to the old farm-house.” If Jesus were not in heaven, there would be no music there; there would be but few people there; they would be off looking for the lost Christ, crying through the universe; “Were is Jesus?” And after they l had found Him, with loving violence they would take Him and bear Him through the gates; and it would be the greatest day known in heaven within the memory of the oldest inhabitant. Jesus never went off from heaven but once, and He was so badly treated on that excursion they will never let Him go »g in. On, the joy of meeting our brother Joseph-Jesus! After wg have talked about Him for ten, Or fifty, or seventy years, to talk with Him and to clasp bands with the hero of the ages; nor crouching as underlines in His uresence, but as Jacob and Jost-ph, hug each other. We will want some new term by which to address Him. On earth we call him Savior, or Redeemer or friend; but when we throw our arms around Him in everlasting embrace, we will

want some ne w name of .endearmen. I c n think of what we shall do through the long ages of eternity, but what we shall do the first minute I cannot guess. In the first flash of His countenance, in the first rush of our,emotions, what we shall do I cannot imagine.- Wh, tfag overwhelming-glory of the first sixo£ seconds in heaven! Methinks we will just stand and look and look and look. The King’s wagons took Jacob up to see bis lost boy, and so I really think that the King’s wagons will take us up to see our losjt kindred. How long is it since Joseph went out of your household? How many years is it now last Christmas or the 14 th of next month? It was a dark night when he died, and a stormy day it was at the ourial, and the clouds wept with you, and the winds moaned for the dead The bell at Greenwood's gate rang only « few moment’s, but your heart has been tolling, tolling ever since. You have been under a delusion, like Jacob of old. You have thought that Joseph was dead. You put his name first in the birth record of the family Bible, and then you put in the death record of the family Bible, and you have been deceived. Joseph is yet alive. He is more alive than you are. Of all the sixteen thousand millions of children that statisticians say have gone into the future world there is not one of them dead, and the King’s wagons will take vou up to see them. You often think bow glad you will be to see them. Haye you ever thought, my brother,my sister, bow glad they will be to see you? Jacob was no more glad to see Joseph than Joseph was to see Jacob. Every time the door in heaven opens, they look to see if it is you coming in. Joseph, once standing in the palace, burst out crying when he thought of Jacob—afar off. And the heaven of your little ones will not be fairly begun until you get there. All the kindness shown them by immortalswill not make them forget you There they are, the radiant throngs that went out from your home! I throw a kiss to the sweet darlings. They are all well now in the palace. The crippled child has a sound foot now. A little lame child says: “Ma, will Ibe lame in heaven?” “No, my darling, you won’t be lam* in heaven.” A little sick child say: “Ma, will I be sick in heaven?” “No, my dear, you woa’t be sick in heaven.” A little blind child says: “Ma, will Ibe blind in heaven?” “No, my dear, you won’t be blind in heaven.” They are all well there. In my boyhood, for some time we lived three miles from church, and on stormy days the children staid at home, but father and mother always went to church; that was a habit they had. On those stormy Sabbaths when we staid at home the absence of our parents seemed very much protracted, for the roads were very bad, and they could not get on very fast. So we would go to the window at twelve o’clock to see if they were doming,’ and then’ we would goat half past twelve to see if they were coming, and at a quarter to one,' and tnen at one o’clock. After a while Mary or David or DeWitt would shout: “The wagon’s coming!” and then we would see it winding out of the woods, and over the brook, and through the lane, and up in front of the old farm house; and then we would rush out, leaving the doors wide open, with many things to tell them, asking them many questions. Well, my dear brethren, I think we are many of us in the King’s wagons, and we are on the way home. The road is very bad and we get on slowly, but after a while we will come winding out of the woods, and through the brook of death, and up, in front of the old heavenly homestead, and our departed kindred, who have been waiting ano watchine for us, will rush out through the doors and over the lawn, crying: “The wagons are coming! the King’s wagons are coming!” Hark! the bellof the City Hall strikes twelve. Twelve o’clock on earth, and likewise it is high noon in heaven. Does not the subject of to day take the gloom out of the thoughts that would otherwise be struck through with midnight? We used to think that when we died we would have to go afoot, sagged down in the mire, and the hounds of terror might get after us, and if we got through into heaven at all we would come in torn, and wounded, and bleeding. I remember when my tee h chattered and my knees knocked together when I heard anybody talk about death; but I have come to think that the grave will be the softest bed I ever slept in, and the bottom of my feet will not be wet with the passage of the Jordan. “Them that sleep in Jesus will God bring with Him.” 1 was reading of Robert Southey, who said that he wished he could die far away from his friends —like.a dog crawling into a corner and dying unobserved. • hose were his words. Be it ours to die on a couch surrounded by loved ones, so that they with us may hear the glad, sweet, jubilant announcement. “The King’s wagons are coming.” Hark! I hear.fhem now. Are they coming for >ouorme?i. *~A Clock Peddler’s Trick. Jewelers’ Reiiew. A good story was told your correspondent the other day about a well-known old gentleman who peddled clocks. and jewelry in the days before railroad contracts made him worth over a quarter of a million. “I distinctly recollect on one occasion,’’said he. “I was selling clocks near Mechani sburg, in the beautiful Cumberland Valley, and ran across a house where the man purchased three. After dinner, to wbich I was invited, my curiosity being exicited by the fact of the gentleman’s taking three clocks, I asked the reason. He told me that he was on- of three brothers who had agreed among themselves that the first one who struck a clock peddler should buy a clock for each I inquired about the brothers, where they r sided, and the best way to reach, them and after dinner I started, and before eveing I had seen the two brothers and sold them each three clocks, making nine in all.” When he finished the story the old gentleman g&ve achcukle as if he had accomplished a thing for which he deserved commendation. It is said that Napoleon did not read his letters until they were six weeks old, Iby which time events had answered most of them. We shall try this scheme on our January bills.—The Idea.

THE OUTFLOW OF GOLD.

N. Y Buo. The state of semi-panic into which our stock market was thrown on Friday by the shipments of gold to Europe is not at all creditable to the intelligence of the operators. The extreme prooability of such shipments was indicated by various facts, to which I called attention several weeks ago, namely, the diminution of our wheat exports, the decline in the value of our railroad stocks, and the strained condition of European finances. The Bank of England raised its rate of discount to 5 per cent, as far back ai the 4th of October for the avowed purpose of counteracting the demands upon it for gold to send to South America. During the first three weeks thereafter the measure seemed to be having the desired effect. The bank gained in that period £>oo,ooo in gold, and. what was remarkable, discount in the Open market, which usually follows the bank rate at an interval of 1 point, remained 2 points below it; The phenomenon was ascribed by the London financiers, and apparently with good reason, to the- manipulation of bankers who had engagements to ship gold to South America, but delayed them until they .had completed their preparations. This failure of the bank to control the money market was the subject of much adverse criticism, and even so conservative a journal as the Economist recommended its governors to adopt the policy of the great London joint stock institutions, and, by allowing interest on deposits, to attract to itselfthe money which now competes with it for employment and lowers tfie rate 6T interest. Time, however, vindicated the wisdom of the bank governors. At the end of the three weeks the outflow of gold from the bank recommenced, and by Thursday last had amounted to £2,000,000 more than the previous gain of £SO »,- 000 which, as the total stock of the bank was only £20,000 0 K), was a serious matter. Then the London money brokers for the first time put up their rate to 4 per cent., or the normal 1 per cent, below the bank rate, and simultaaneously therewith their correspondents here commenced shipping gold to them. An effort was made for a little while to explain the e shipments by saying that there was no profit in them over remittances by bills, and that they were exceptional in their nature, but as they were followed by other and larger shipments it began to be seen that the explanation was insufficient, and that Europe meant serious business. How any one could for a moment believe that experienced bankers wpuld engage in such operations when they involved no profit and even a loss, I can not imagine. Still less can, I comprehend the reasoning of those who argue that the drain of gold which has just commenced will not last long. They remind me of the antediluvians, who, when the first drops of the forty days’ rain fell, thought there was not going to be much of a shower. The tide of gold has been running this way so long that the return current will have to last equally long to restore the equilibrium. Had it not been for our exports of breadstuff's and the purchase of our securities on foreign account, it .WQuldhave we have had a poor wheat crop and our railroad securities are becoming less desirable, we must pay our European debts in gold. The unwillingness to admit that gold shipments are due to the operation of so simple a law of trade, and the effort to explain it away as exceptional in its nature, betrays the influence still exerted among us by the ancient fallacy in regard to the importance of the precious metals which Adam Smith exposed in his “Wealth of Nations.” It vas for centuries commonly supposed that the prosperity of a country was to be measured exclusively by the quantity of these metals it possessed, and the export of them was regarded as a calamity to be averted, if no other measures were efficient, by fines and penalties. The idea that gold and silver are merchandise, and when sent abroad in exchange for other merchandise or in payment for merchandise previously bought an fulfilling their natural function as much as when they are used for the same purpose at home, has not yet fully been made into the mind of the mercantile word. Hence the alarm of last week and the attempts to quiet it which I have mentioned. There is, indeed, a certain justification for attaching importance to gold shipments and for a fall in prices when they occur, just as there is reason for watching the thermometer and putting on warmer clothing when it descends toward freezing point. Gold being money in itself, and being, besides, the element wh ch gives permanent value to paper money founded upon it, a diminution of its quantity at any given point and the increase of that quantity at another point’ indicates that prices have been too high at the one and too low at the other, and that the inequality is being’’adjusted. So long as Europe could buy merchand se and make investments afore profitably, here than she could at home, her share of th<world’a gold stayed with us. and more was added to it" That she now begins to take gold back from us indicates that she can do better with it elsewhere and, that prices are to fall here and rise there until the movement ceases. In the 1

present case the attractive v 'field is at« distance from Europe, that isi in South America; but, the' road to that country lies through Europe, gold takes its first journey thither. It is commonly said that the object of the raising-of the rate of discount, by the b ink of England is to prevent gold leaving the country, and this form of speech does much to keep alive the old superstition which Adam Smith denounced. As in all superstitions, so in this, there is a grain of truth. The bank of England does indeed raise its rate of discount when- gold is drawn from it. keeps the rate stationary when its stock of gold is stationary, and lowers it when gold flows freely into its vaults. Hence it looks as though the maintenance of the supply of gold was the principal object sought, whereas the principal object is getting for money the highest amount of interest that people can be made to pay. When gold is withdrawn the governors of the bank infer that money will be less in supply and therefore probably dearer. At all events, they try it od, but, as we saw in October, not always with immediate success. When gold comes back into the bank’s vaults it indicates that money is not so much wanted in trade, and therefore do not change their terms. To repeat my illustration of the thermometer, gold plays' the part of the mercury in that instrument. When the mercury contracts we make up more fire or put on more steam until it expands to a comfortable point. If it goes too high we cool off the room, and if it is just right we let the heating apparatus alone, A child or savage might conclude that the sole object of our operations was to keep the mercury

at a certain level, whereas the mercury is only an indicator, and what we are seeking is that degree of warmth or coolness in the air which makes it apparent. There is a further ill-defined alarm in some minds that the loss of gold by the present outflow may, in conjunction with the continued coinage of silver dollars, put gold to a premium, and thus lead to hoarding it in this country. It is vaguely imagined that such a result would in some mysterious way cause a stringency in the money market, and so create a panic. In answer, it is sufficient to remark that the moment money goes to say, 6 per cent, per annum, the cost of hoarding gold will also be 6 per cent, per annum a rate which would speedily eat up any possible profit which could be derived from the operation. In case of a panic, too, gold would buy stocks and property on such favorable terms that no sane man could withstand the temptation to pay it out. It is possible, as I have often remarked, that there may be before long a small premium on gold, but that premium would not prevent it from being held by the banks as a part of their reserve and as a basis for loans and discounts. It was so all through the war, even when gold went to 300 or thereabouts, and it would more certainly be so with gold at a premium of less than 1 per cent, which is all that we have to fear for a long while yet. ■ . The fact is that the present outflow of gold is no more a legitimate ground of alarm than,the shipment of wheat would be when we had plenty of it and other wheat-consuming countries wanted it. We have an abundance of the metal in our bank vaults and in those of the National Treasury, besides the $30,000,000 that we produce from our mines every year. We can not eat it nor drink it nor wear it, and when we pay our debts with it we stop interest on them. Parting with it is necessarily accompanied by a decline in prices, but they can not go below their level in other parts of the world; when that level is reached the outflow of gold will cease, and not before. I am prepared to see very considerable shipments of gold during the next few months, and I am not at all worried at the prospect. Matthew Marshall. The report of the Commissioner of Internal Revenue contains facts which show that the Old Roman is not the only person in the United States who uses snuff*. The Commissioner says that the consumption of snuff for the fiscal year covered by his report was no less than 7,436,989 pounds! There is no doubt that a large part of this prodigious volune of the piquant powder was used as an olfactory stimulant by the male sex, but another large portion of jt was used by the female snuff dippers who are to be! found in some quarters of the South. The use of snuff for “dipping” appears to be peculiar to the Southern States where it is largely practiced in secret as well as openly, especially by poor women. Dipping is done with a small brush, which is first wetted, then dipped in snuff, and applied to the gums, for the purpose of brightening the eyes and improving the complexion. Though it may fail to accomplish these ends, it retains a strong hold upon its practitioners. - The Excitable Hoosiers, New York Bun. It appears from various trustworthy annrrgn th nt Qpnnral Harrison “attended church quietly” last Apparently there is sincere and general disappointment that he didn’t go to church with a brass band, a fish-horn corpsand a flambeau club. Can’t Indiana take even its religion quietly? Misaonri has a debt of $17,000,000.

SHERMAN AND BLAINE.

Some Interesting Correspondence Between the Two in 1884. The New York Times of Nov. 30th, 7 published the following from advance sheets of the North American Review’s article by General Sherman; “In the year of onr Lord 1884 there was to be a sharp contest for the nomination in Chicago for a presidential candidate of the Republican party. The press and the people generally believed Jthat Blaine wanted it, and everybody turned to him as the best man qualified to execute the policy, to accomplish the result aimed at. Still, abnegating himself, he wrote to me from Washington this letter. \ , u [Confidential, stric’l r/and abaolutdy so ] Washington, D. <ijiay 25, I>B4. My Dear General—This letter requires no answer. After reading it file it away in your most secure drawer or give it to the flames. At the approaching convention at Chicago, it is more than possible, it is, indeed, not improbable that you may be nominated for the Presidency. If so, you ,must stand your hand, accept the. responsibility, and assume the duties of the place to which you 'will surely be chosen if a candidate. You must m>t look upon it as the work of politicians. If it comes to you it/will comes as the ground swell of.popularity. And you can no more refuse than you could refuse to obey an order when you were a Lieutenant. If it comes at all it come at the call of patriotism. Your historic record, full as it is, would be rendered still more glorious by such an administration as you would be able to give the country. Do not say a word in advance of the convention, no matter who may ask you. You are with your friends, who will jealously guard your honor and renown. Your friend,- — — James G. Alaine. To this I replied as follows: St. Louis, Mo., May 28, US i Hon. James G. B'aine Wafhinaton, D. C t My Dear Friend—l have received your letter of the 25th. Shall construe t as absolutely confidential, not intimating its contents even to any member of my family. I have had a great many letters from all points of the compass to a similar effect, one or two of wbich I have answered frankly, but the great mass are unanswered. I ought not tosumit myself to the_ cheap ridicule of declining what is not offered but it is only fair to the many reliable men who rightfully aspire to the high honor of being President of the United States to let them know that I am not and must not be construed as a rival. In every man’s* life occurs an epoch when he must choose his own course and when he may not throw off the responsibility, ortaniely place his destiny in the hands- of fiiends. Mine occured in Louisiana, when in 1861, alone in the midst of the people, blinded by susposed wrongs, I resolved to stand by the Union as long as a fragment of it survived on which to cling. Since then, through faction, tempest, war and peace, my career has been all my family and friends could ask. We are now in a good house of our own choice, with reasonable provisions for old age, surrounded by kind and admiring friends in a community where Catholicism is held respect and veneration, and where my children will natur ally grow up in contact with an industrious and frugal people. You have known and appreciated Mrs. Sherman from childhood, have also known each and all the members of my family, and can understand without an explanation from me how their thoughts and feelings—should and ought to influence my action. BuJ I will not even throw off on. them the responsibility. I will not in any event accept a nomination as a candidate for President by the Chicago Republican » Convention— or any other convention for ~ reasons"” personal to myself... I claim that the civil war, in ’which I simply did a man’s fair part of work, has accomplished peace, and military men have a right to rest, and in the practice of peace shall do their work equally as well. Any Senator can step from his - chair into~tms White House and fill the office of President with more success than a Grant, Sherman or Sheridan, who were soldiers by nature, who filled well their offices when the country was in danger, but were not schooled in the practice by whi< h civil communities are or-ehould be governed. I claim that our experience siuce 1865 demonstrates the truth " of my proposition. Therefore, I say that patriotism does not demand of me what I construe a sacrifice of judgment. I have my personal affairs in a state of absolute safety and comfort, I owe no man a cent, have no expensive habits, envy no man his wqalth or power, and would account myself a fool, a madman, an ass to embark anew at sixty-five years of age in a career that may become at apy moment tempestuous by perfidy, the defalcation, the dishonesty or neglect of any single one of a hundred thousand subordinates utterly unknown to the President of the United States, not to say the eternal worriment by the host of impecunious friends and old military subordinates; even as it is 1 am tured by the appeals of poor distressed pensioners, but as President, these would be multiplied beyond human endurance. I reinember well the experience of Generals Jackson, Harrison, Taylor, Grant, Hayes and Garfield, all elected because of their military services, and am warned, not encouraged,by their experiences. The civilians of the United states should and must buffet with this - than k less office, and leave us old soldiers to enjoy trie’peace we fought for and think we earned. With profound respect, Your friend, W. T. Sherman. The Mind-Read er at Work. Indlanapoli*Letter in Ntw,. York Herald. While General Harrison has not yet begun to write his inaugural address, he has already in his mind many suggestions which it will contain. I have it from one who knows that one of his most important recommendations will be that Congress enact & law providing for the establishment of a permanent board of arbitration to settle all disputes between capital and labor. He will suggesrtbat it be composed of five-mem-bers, and that they be gi-en final jurisdiction in all cases. He will advise in favor of a very different tribunal than that provided for in the bill which was introduced last summer, but failed to become a law. -