Richmond Palladium (Weekly), Volume 39, Number 34, 2 November 1869 — Page 1
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THE PALLADIUM.
VJiUlSktdD rUKSDAY MOKNUtUS, BX cTsnia 02,00 Xybaii:-AJl-3Xind ofJob Printing Satisfactorily Done, at Living Ratea . , . . mi mm -i - ,r fTJT Office: fiHbelKrlrirOBtUi,- East of Ihe Citi zen bank, and opposite u. W. Barnes A to. ' . t ' i n - J NEW ADVERTISEMENTS.,, s,, II jlll , II II .1 Lll I - ' ' ' l A' -WATCH FREE -Givtn jri-atisVto' every lire man who wilt act as a?eol in a, new, light and U-nT l.le business, payinjr 3G a day. So gift en terjriae no hninbue: no money wanted in advance. A6Vtrs, ' K. Monroe Kennedy. 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An Economical and sate Counselor and Adviser, so plain, full, accurate and complete, that no person ean afibrd to be without it, Embodying the results of the labor and study of the moat popu lar and successful writer of law books in the country. Send foi our descriptive circular with terms and testimonials. Address," t- ., loses Jankins Ac Cort Chicago, III. 1 ' or National Pablixhing Co., Cincinnati, O. . noJ04t ZMTecliaiiicair Dentist, Office over Addlemanti - Provision Store "Main Street, '.RICHMOND, IND. - HE IS PREPARED to insert Teeth on any kind of. base desired. A He makes Mechaiiicsf Dea tigtry a apeeialiiy. H y t " I &Yor further particulars inqaira of' Dr. T. Rosa, Corner of Main and Pearl Streets. , Hapt. I4.1S69. , S-.i-t J 1 'tJTtf'p Agent , Wanted , JOB, ItIK ,,,1 .. , Manhattan LIFE Insurance Company AV R1CHM0XD! AND VICINITY. A good man ean do well for this old and prosperous Company. Apply, giving qualifications and references, to - J. L. HALSE ', Secretary, Sept. 7, 1869. fJHAColSOJ , . A Nv York. ' T,",r ill Second-KCand ' ! -t 7 : ' and New . if : - - ... , . s FURNITURE BOUGHT SOLD f1; J ' . - .'".'.'.'and EXCHANGED - i- , f- . ; " I E. WOR8LE Y'SI 22 MAIN STREET Below ! Pwirl. ,-AUo, Agenf Tor the . .! ' Home Shuttle d Sewing Machine. Makes the Lock stitch ; stitches .like on both sides has table and readle, and is in everv respect as go hinej. Onlr $37 Oall and see it. good 34 the $75 machines, noi'o-tf. Use tho Lfqaid for BED-BUGS. Ue the Powder for INSECTS. ! ! BEWARE! Iofsparious imitat'na -Att-gOad Dftfggiata-aoHrT- "' " For lt'92; 63 sizes, add resa -COS TAR COMPANY, No ia Howard Street, N. Y. OH MY ! OH MY ! ! "I can't stand it." "Thefie corns will kill roe." O ! 0 !! 0 III Use fCOSTAR'S" CORN SOLVENT. For Cuts, Burns, Old Sores, etc., BarCe 'COSTA R'S' BUCKTUORN SALTS - SoLD BY DRUGGISTS IN RICHMOND. The Way to Make Money GAS BILL DISCOUNTED 15 oent. If paid, on or before the 20th Intt
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"Bin voL,nxxxix.t: THE SLED OF LIFE. id ?:i.rr?r 'f :ut f When vou and I were yonng my, boy, f t ; r. ... . . And snow lay on the bill, . . t ? , ''flow jfiyfoHy we stole from school, With 'Ikey Jores" and Bill;" -I And how we scrambled to the lop, , ., , . r . : -And rattled dwn with glee t jt i. All gone but you and me, my boy, , . . , , All gone but you and me. How fresh these faces long ago Tboe maidens, ah 1 how fair I seem to hear their merry laugh, And see their waving hair; I would some vision back could bring , , - - These jo vous days of yore, '- But they will come no more, my boy, 1 ; They 11 come again no more. : ,i i : : They've sailed noon the sea of life, , These heart that once were light j The eyes that beamed in sunny morn , Are looking for the night ; i "i These maidens with the roguish smiles , , . - Are mothers staid and grayLike us they've had their day, my boy. They've bad inte us tneir ay. I bear a moaning in the leaves, The nights grew sad and chill, , And winter's coming back again To sleep upon our hill ; -' But spring will t-ke it from the grass, Ah I not from out our hair , The snow will deepen there, my boy, The anow will deepen tLere. And other ebouts will fill the morn To tell of fresher joys, , The self same feelings that we ielt When you and I were boys ; I love to hear their merry laugh, O I would that it could last Again it brings the past, my boy, It brings again the past. We've clambered np the hill of life, And now we've reached the top ; Our sleds re wearing out, my boy, 'Tis time that we should stop ; And you and I must run the race Our comrades all are gone,' We're sliding down alone, my boy, We're sliding down alone. J ABLE LETTER ON FINANCE. " O $ . - - - . -- The. following Utter was written bya "former citizen of this ;'city,; and ad-y dressed to a member of Congress .In an adjoining district in Ohio. It was J not f intended for publication, bat, it was handed to us a mutual frind and we a8sume?tbe f respdnsibtlitf ; Jn laying it before our readers deeming its argu- , ments and conclusions too clear to be .; 9on fined solely to the perusal of his ; ofd frien48.-rf Ed Palladium. c: . .' . ' " . ; ' 'Rkd Lion, Ohio, Jan. 1869. J DsAk Sib : During the last year we have passed through the warmest con tested election, both State and National, we have ever had in this country, and, notwithstanding the great frauds, the ; Republicans. were triumphant ; and that memorable campaign has passed into history. The country is again agitated though not to the same extent, on the: subject ot finance, resumption of specie payment and the liquidation of-the National debt. If the Union party can bej aWsuccessful in the latter, as they were in the former, we shall be fortunate. Every would be great man in the country Is anxious to be the inventor of some great financial policy that will pay the national .debt, and. restore specie payments' ''W1 the shortest time possible.' Each great man has a plan of bU- own, which he no doubt thinks would immortalize his name if adopted. I will notice only a few of these men, and their plans; among the90 are the Secretary ofthe Treasury, and Horace Greeley. The former would restore specie payment by calling in and cancelling the greenbacks immediately. His plan, if carried out, would not Only destroy tho currency, but the country, too. , The latter is a man of great learning, extensive travel, and possessing talents of the highest order ; he would "resume, by resuming" specie payment immediately, without regard to the means. This, with all his learning and experience, shows a lack of judgment. His plan of resumption would be like a man who owed ten thousand, dollars to ten different persons 91,000 each and all the means he had to pay them was 81.000. If, like Mr. Greeley, he was resolved to resume" at once, he could pay the first one that called on him, his 81,000, and he would have nothing left to pay the remaining 89,000 and it would be worthlessJust so if Mr. Greeley's plan is adopted. We might pay one or two hundred millions, and the remaining five or six bundred manons would be worthless, and our credit destroyed our national debt repudiated and the nation disgraced. We may say of McCulIougb and Gree ley, in regard to their financial policy, as the Hon. George McDuffie once said of two gentlemen holding the highest officj in. the governmeut: iione-wat a 1 great " ool, aad the other lacked common naw." ?' Gen. Butler, for his military service and noble patriotism during the rebellion, deserves the gratitude of the Na tton; but his financial scheme, I think, will not meet with favor. His plan of substituting paper obligations as a standard of value, instead of gold and silver coin is a new idea. Gold and silver has been the standard of value from time immemorial, jirnong all nations savage and civilized-the latter for convenience have a mixed currency. It is not the intrinsic value of sold and silver, but the scarcity, that gives it any more value than so much lead or iron. Government coins, gold end silver, without
JUST AND FEAR NOT! LET ALL THE
RICHMOIVW, WAYNE CO., HMD.,
cost, or a very little. The bullion costs individuals about as much as the coin it will produce, therefore, there is no fear of counterfeiting from pure metal, and if from base, it i easily detected. Not so ' with" paper . money; it has, and per haps always will be counterfeited. , The only safety the public have, is to keep changing the devices on the bills, and frequent re issuing. Gold ' and silver bullion is the standard of value with all nations with whom we buy and sell; if we abandon it as a standard of value, it will" greatly embarrass, if not destroy our commercial relations with other nations ; our gold and silver mines, if worked at all, will only be to produce an article for export the same as other products of the soil. Gen. Butler is not the first one who has introduced a new . currency for buying and selling; Virginia at one time used Tobacco as a currency for paying debts, and at a later period in this country you may remem ber that "Hoop-poles and 'Coon skins" were a legal tender, but as the country advanced in civilization, they have been abandoned, and I have no doubt General Butlers paper currency would soon follow them, and the three will rest in the same grave where it is to be hoped they will have no resurrection. Several' members of Congress, and other" writers on finance, are in favor of reducing the greenbacks to their present value in gold, say 60 or 65 cents on the dollar, and for payiag all debts, indivdual, national, (and I suppose) national bonds and national bank notes at a like discount.' This would be an easy way of paying debts, but not very hon. orable. A considerable amount of the present indebtedness of the country is for money loaned or property sold ten or twelve years ago, when currency and gold were equal; many of these obligations have bten renewed from year to year, and others the original note or obligation is still held. By thus scaling offthese debts the man who loaned 81,000 ten years ago in gold, or its equivalent? would have to take $600 to 6650 in payment. This would be unjust to the creditor. .Since the suspension of specie payments and the introduction of greenbacks, their value has been fram 40 to 75 cents on the dollar in gold. From this it will be seen that the man who loaned his money when it was 40 cents on the dollar, gets 20 to 25 cents more on the dollar in gold than he loaned ; and the man who i.ivested when it was 75 cents, gets 10 or 15 cents less than he invested. Waen the greenbacks and the national bank notes were issued, and the national bonds sold, and other liabilities created, it was agreed that they should be paid at 100 cents to the dollar. If the present Congress can say the one-third of this debt shall be abated, the next Congress may say another one-third shall be abated, and the next succeeding Congress may say the balance of the debt shall be abated. If this is done, we would stand as a Nation guilty of repudiating our debts, and placed side by side with Spain as the most disgraced nations on earth. The people of this country never will consent to a discount of 35 per cent, or any otl. er discount oa their currency or debts due" them 5 but they will receive the currency,' dollar for dollar, if it is only worth ten cents on the dollar in gold, and not complain. - ;, Among other plans for the speedy resumption of specie payment, it is proposed to s resume immediately, and if there is not coin enough in the country to supply , the demand, we shall issue our bonds and send them to Europe, and sell them for gold for whatever they will bring in the market, and bring the gold back to aid in sustaining specie payment. With the large, amount of.... currency in circulation; it "would require the Sale of an enormous amount of bonds to supplycoin enough ; and the price of our bonds would depreciate until they would not be worth the paper Vn&y were issued on; and the loss in discount on the t-ale of our bonds, and accruing interest and principal," would double onr national debt, in a short tijife, and be bankrupt as a nation, and unable to pay principal or interest . 1 think the gentlemen who are advocating this plr.n must have taken lessons from a celebrated Swiss financier who. at an early age, commenced borrowing money throughout the kingdom; he was careful to pay principal and interest when due; that gave him credit thro'out the country ,and capitalists were anxious to loan him money. His plan of operation was to borrow enough money at the end of the year to pay what he had borrowed the year before, and to pay his personal expenses; this process was repeated year after : year until it amounted to an enormous sum. In time ins health failed him and he was unable to travel and carry on his operations. Thus situated he called his creditors together and told them he had fail ed, but he had failed honestly, - tuat he bad not cheated them out of one cent that his books would show, the money ho had borrowed bad all been applied to paying principal and interest on other loans and for his personal expenses; that he had lived economical; he had
ENDS THOU AIM'ST AT, BE THY
spent no more - money on , d resa and equipage than was necessary to preserve the character and reputation of a" first class financier, he had spent no money in gambling or. other-:; dissipations; nor engaged in any r business, and ' his books would show . that he had done honest business. With this explanation he trusted he had satisfied his creditors, that if they had lost their money he had not cheated them out of it ! If we should adopt the proposed plan of selling bonds for specie to resume, I have no doubt our Government would soon end in bankruptcy as the Swiss financier did. The next plan I will notice is that of Gov. Morton. : From the high character he sustained in the rebellion, his views are entitled to our careful consideration. Where duty crlled him he was always found. Cold, heat or storms, and even sickness, when he was able to go, never kept him a moment from his duty. As a noble patriot he was ever ready to sacrifice comfort and ease for the good of his country; he gave more aid to the Government than any other man similarly situated, and to-day he stands a head and shoulder above any other Governor during the war. , He was a terror to rebels abroad and traitors at home- He has more devoted - friends in the West than any other man, and whilst;we give full credit to his motives, we cannot approve his plan we think he reasons from incorrect data: first, he estimates the coin in the country at from four to five hundred millions . of dollars; this from the amount in the Treasury in banks, and the estimated amount in the hands of individuals, is two; or three times more than the real amount. Second, He greatly over-rates the pro ' ductioa of our mines. (Some , persons estimate a large amount brought in by emigrants, but I think the amount taken out by travelers to Europe, and the money sent to bring emigrants here will ove:-i)ttllance the amount brought in to the country.): Third, he says our greenbacks are past due, and are not redeemed according to .contract. The greenbacks were issued at the time we had neither coin or credit to maintain our army in putting down the rebellion, and although made payable on demand, every body knew it was not the intention or expectation of the Government to pay them on demand; if it was, why the necessity of making them legal tenders only in payment of certain debts? When these bills were taken by the people, they took them with the full understanding that they would not be redeemin coin until it suited the convenience and ability of the Government to do so, whether that shall be in one, five or twenty years. The people have no cause to complain of bad faith of the Government, and the mass of people are not complaining, it is only the politi -cians, office seekers, stock gamblers, actl other cormorants that live off of the labor of the f armer and mechanic, who are complaining. Fourth, 4-Gov. Morton's next complaint is that our bonds are below par. When these bonds were issued and sold, the Government agreed to pay interest semi annually and the principal atcertain periods hereafter. If Government pays the interest and principal as it becomes due, she has fulfilled her contract and there is no cause for complaint. If the bond holders depreciate them in their own bands it is their own fault The bonds, were bought .at a discount and if we can buy them back at a like discount it would, be just, and no violation or faith. The Government is under no obligation to maintain any fixed value to them; the holders alone can con ' tt ol their value. The more the govern-. ment bonds depreciate, the better for ihe country. Fifth, The Governor proposes to resume specie payment in two and a half years, and to place the country in a situation to succeed.he proposes to leave in the treasury and banks one or two hundred million dollars on deposit (perhaps all the gold their is in the country). He 6ays a prudent man who owes a debt payable at a future day should lay away money to meet it when '' due. That kind of financiering may suit Gov. Morton but it would not suit me if I owed a debt due one or two years hence and I had the money to pay it I would not hoard it "up to pay it when due. ; I would deposit it in bank or invest in government stocks where I could draw interest until my note was due. No body but misers hoard monej'. If we hoard all our gold and silver we stop the greater part of our importation' and consequently our income from that source will ben-duced to a very small sum, and we shall have to depend on ' our mines principally for coin to pay the interest on our bonds.- It we should determine to resume specie payments in two and a half years, we should apply : all the surplus gold and currency in the' Treasury in purchasing our bonds at the market price, we would stop interest on them; and when we do resume, it necessary we could ie-sell them for the same we paid for them, or more, and would save the interest on them during the time we held them, and the country would have the use of the money paid for them for business. Gov. Morton's plan sounds pretty in theory, but it will not stand the test of practice. The creation of National, Banks was j a miserable blunder; the same amount in greenbacks would have sav'd the coun . try from paying eighteen million a year in gold interest, and furnished a better currency, but it is now too late to abandon the former and adopt the latter. The National Banks are now established and the people have adapted their business to them. Complaints are nade that some States have not a fair amount of bank capital allotted them. This may be' remedied by reducing the capital of the banks in States where there is an excess and give it to States that are deficit. That would not increase the - currency which is-already too much. - ' ; 't' . The next great mistake we made was when the rebels laid down their arms we had not confiscated all their proper' ty, and with the proceeds paid off oar
GOD'S, THY COUNTRY'S AND TRUTH'S!'
WOV. 3, national debt,' and banished all officers civil and military that aided in the rebellion, and disfranchised the rank and file for a few years. The South, without cause, brought on the war, and it is right and just that they should pay the expense, and forget their rights as American - citizens; they , should - feel grateful to the North that their lives were spared. . But it is now too late, it should have been done at the close of the war, and would have been had it not been for the acts and influence of ihe most corrupt ruler that ever presided over any nati n, the darkest page of whose life is not yet written. When Lincoln was assassinated every rebel North and South rejoiced. They said now they would have the right man, and they would share his favors. What right had they to expect favors from A. J.? None. But from his act9 and the rejoicings of the rebels immediately after Lincoln's death, we are compelled to believe that his assassination was by: a combination of traitors North and South and history will hold Andrew Johnson as guilty as John Wilkes Boothe, bat not as brave. Congress and the incoming adminisistration have a great work to do. The first act of Congress should be to stop every possible appropriation, and squander no more land or bonds on railroads, or in purchasing regions around the north pole. If Congressmen do not do something to save the country from bankruptcy and ruin, the country will not save them much longer. Congress has the power to introduce a rig, id system of economy. They " should commence it at once, and if the incoming administration appoints honest, capable men to office, we shall see confidence again restored, and our country flourish as it has not done for many years. Stealing among public officers under Jshnson's administration has become so common that no honest . man who has any regard for his character, would accept an office under him. Before we resume specie payment, our currency should be reduced . to three hundred millions and our national debt to at least one thousand five hundred millions; this can be effected in a few years by economy in appropriations and, expenses, and appointing honest men to office. Let Congress pass a law to authorize the Sec'y of the Treasury to reduce the smalt currency to thirty million, and take in and cancel one milion of greenbacks per month, and with any supplies of coin or currency in the Treasury, purchase at market price, our bonds in the market, and cancel tbem as fast as purchased. " If we can stop wholesale stealing, and what 19 equally as bad, improper appropriations Ay Congress, we can reduce our debt from one to two hundred .millions a year; that would soon bring our currency to par with coin. We are owing a large debt, say twenty-five hundred millions. This debt was created by selling our bonds for currency worth seventy-five cents or less on the dollar; now if we can buy tbem back again for currency worth the same we received for them, the bond holders ought not to complain, if they get the same amount, and the same kind of money they paid for them, they . should be satisfied. If the Government pays interest and principal as they become due on her bonds, that is all that is required of her. If thejr depreciate, it is the fault of tho bond, holders, and not of the Government, and the more they depreciate them the better for the country. Our circulation should be reduced gradually, our debts have been created under an inflated currency ,let us pay them with a like inflated currency,, if we reduce circulation gradually the price of every thing will come down in proportion to the reduction of the currency, and we could pay our debt without injury. If we could, to day, wipe out one j half of our circulation, we would bring down at once all the productions of the j country one half, and consequently re duce our income one half, but the interest on our bonds and other expenses of the Government would be the same. This would produce ruin and .bankruptcy to the Government, and individu als who have contracted debts under an inflated currency. But if the plan of gradual reduction is adopted we can resume specie payment as soon as ninetenths of the people desire it; the farmer, merchant, manufacturer and labor ing men do not desire speedy resumption, they want it brought on gradual; it is the broker and the speculator that wants speedy resumption, that they may profit by the general ruin as thieves do by a fire. When our national debt is reduced to twelve or - fifteen hundred millions we can call in . the . greenbacks, then the national banks would have to redeem in ooin as their charters require them to do. Two or three times this country has suspended specie payments with less than two hundred millions circulation. Our circulation is now about seven hundred millions, it would be folly to think of resuming until it was reduced one, half or more. . . England at one time suspended specie payment for twenty or twenty-five years, and by that wise and judicious act saved the country from ruin. If we should attempt to resume specie payments with our large circulation, we would fail in less than ninety days ; then would you see general wide-spread ruin ; all debts,national and individual, would be repudiated and we would be disgraced as a nation. - This would be worse than a dozen Bull Bun defeats. ; ; Sir, I would not weary your patience with reading any more of my ideas on the financial policy of the government. If you concur in my views I ? hope . you will use jour influence in carrying them out." ; , '.;-; - It has been asked: When rain falls does it ever "get up again? Of course it does, in dew time. ' r V , ' , Experimental philosophy Asking a man to lend you money. , Moral pbilosphy refusing to do it. , .
rt t C -; i J r Whole Naanber 1 KO. 34. r,8009 PA LI. ADIITM CORRESPONDENCE. V;"? ! 1 .. : Washdwto, D.C.yOct J7tb, 1939.' Ths G flaasoa the harvest season 'for proprietors and boarding house mistresses is approaching so rapidly that ' in - almost every dapartment of business,, there seems t be mora than usual life and energy exhibited in getUngthe (loose in readiness! for the 'grand tournaments awaitiag the meeting of next Congress. ' " ' ?; ;-' : ' T-'!r The National Theatre, capable of holding 4000 people, is thronged nightly o w;tiei3 ' Miss Lydia Thompson's. Burlesque Troupe, which with its familiar characters in ,Siabad,' , is attracting to it all otases of people, from President Grant, Member of Congress, - Foreign: Ministers, Sec, who occupy private ! I boxes v or Orchesixe chairs, to the humblest laborers who seem pleased with the privilege of securing ' 23 ' cent seats in the Gallery . - ! TBS DBF CAT OF AKOBKW JOHSSOJT, on Friday, is a great surprise to his few friends' here, but will in the end no doubt have a sal- ' utary effect in reconciling them to accept his defeat as the inventable prelude to-a- new: and - changed area, which awaits the whole South. His defeat however, does not seem to effect his admirers so much as woald have been suppos- ' ed. The Fenians to a man are jubibant over " the defeat of the man who they contend, defeated them in their well-laid scheme to rid themselves of the yoke of Great Britain- Poor, Johnson! how we, who know . his aspirations too well, pity him in this, his hour of bereave ment; and only wish that ho could again . be -. reconciled to enjoy the office of the J.P. ' in -Greenville, and that the "good people there would olothe him with that magisterial honor for the balance of his life. " But such hopes we fear will not ba realised, and may. again see, perhaps, not probable, J his Accidency accident-, ally elected to the United States Senate in the place of Mr. Bronwlow, whose nearly worn out . constitution forbids the anticipation of his re- , maining with us long. - - ''' . f " ; The bDuntiful harvests this year in tho South ' and her bright pro3p90ts in the future, is work - ng a wonderful change poutically; and m every , other way, in the minds of those who heretofore were opposed to every act or measure of reconstruction and pacification of the Southern people. .- i ' ' AB!CCLT0BAL DEPARTMBirr. , No cue in coming to Washington, should fail . to vissit the Ageicultural Department. One of the mast valuable and interesting - features of thia Department, is its museum, where may be found almost every thing relating either di rectly or indirectly to matters of Agricultural" interest. It comprises both foreign and native grain, fibres, vegetable and not animal; Xlo dels ef every kind of fruit and Vegetables, showing their adaptation to different localities and -clamates; birds of our own country, and such , foreign ones as can be ; acclimated and made useful, their habits, food, natures, whether ben-, efkial or not to farmers &o. There is also a very large collection of insects of almost every imaginable shape, which have been engraved by the entomilo $ist, and cilo red to life, only "r adorning the walls of the M usum, for the want . of suitable cabiaets for them, Congress having , Sled to make approriations for buillin tbem. The names and transformations of these little insects are not only given, but their habits, and relation to agricultural products are shown. The Department has lately recaived a new collection of grain, cereals, fruits and vegetables, the most of which it would saem, are from the West. Washington Territtu-y is represented by several exceeding fine apples and pairs: Nebraska, by nearly forty examples of the same fruit, large, fine, and dulicious; . Ka n , sas, a fine colleetioaftjf grains, fruits and veg etabtes; and Ohio, by nearly fifty varieties of corn in the ear, -' 4 ' "i '''' THE P.O. DEPARTMENT. : f under the wise legislation of Congress, and the efficient O ncers at ' its head, is constantly undergoing reformations which effect ' the people more general than reforms in any one of the other Departments. . I The P. M . Gen. 1 has under consideration a contemplated change in the Bout Agency Service in his Department, securing to Radroals pretty generally throurh--out the country railroad Postal .. Clerks,, by -which the mtil will be , assorted for the , re-. spec ti ye roads over; which they are to go, and thereby prevent the delays now attending the mails in the various distributing Offices of the f Country. These reforms keep step 1 and become a part of the progress of the age. " This Government throughout all administrations, I think, has been exceedingly liberal ia extend-' ing its favors eyen to the most Sparsely settled section of our country; and the people in re. ciprocating those favors have gradually increased their patronage, until the, Department is now nearly self sustaining. . It is estimated that since the completion of the Paccific RaiU road, the Government is saving at the rate of one million a year in the transmission of its mails to the Pacific. The Post Office Money Order System, now being daily extended to the smaller Offices - of the country, netted to the Government in the last fiscal year, after paying all expenses, $65 , 697 having issued 1,264, 143 orders, amounting to $24,848,058. ; cu.- ';nl U It would seem with our present -Postal Sys tern improved by a few ehanges contemplated by the P. M. General, that if we : could . now have added to it, in . practical operation,- the postal telegraph system which is hoped Con gross wilt arrange at its next session, we should be in a condition to challenge the wide World for our equal in seenring the greatest amount of good to the greatest number of people. TBC 8CHDRBM4K CABS. ; During the last year much has been said,' but seemingly httle is known about the Schur man case; and foi that reason I have just been up to the bureau in which the Schoreman was employed as Chief Messenger, and lea rned ths following: , The laws under which the - National Batik System is carried on, provides for ' a bureau
HOLLOWAY ?! fcAVCK Pro$rf Pamphlets Bills W Iodine, f Catalogues, Bill lleatd ; CwmmWmUmmm,VO;'i GmhiijMmt&y OaamCMnav , Clrealars, Ffrs Lakels, a PRicgSFDnongliikisowABLE which is located In the Tfaarj Tepirtment, ' over which the Secretary has only V 'general ' euper vision. As fast as banks awe organized by this law, a quantity of National Currertey is prepared by the Government and Issued 'from bureau of -uch denominations as they may require, and in such quantities as they J may be entitled to, the latter depending upon the , capital and amount ef bonds that . may : have -been deposited with the Treasurer of the Uniled States to secure such circulation, i Tbeae bills when, prepared, are deposited ; in the" vaults of the Comptroller of the currency and ' in every way complete except the signatures ot the Officers of the bank i ' In May, 1867, while Schoreman was . employed as a Chi -f Messenger in this bureau, a . package amounting to $12,000 of these bills, prepared for the flr-t Ifational Bank of Jers ey city, was missed. Suspicion "' immediately pointed to this maua, and (he matter was " plac ed in the hands of skiifol 'detectives. : In 'the mean time the bills began to make, their apappearanoe with the names of the officers for j ged. Schoreman wa arrested, held to bail, and at the last term of the Criminal Court in this city, he was tried on ma indictment under the Statutes for stealing these bills ' from the ' vaults of the Comptroller of the Currency, and ' convicted. But on account of some oversight on the part of the District . Attorney after a conviction , the indictment was . pronounced : bad. In the mean time, the Grand , Jury had found out other indictments - founded on the : same theft, the forging and passing of the bills, but on account of the sickness of the prisoner, ' his trial has been postponed to tin 16th; of ' November next. It was shown oo the trill that the prisoner employed agents in .various parts of the country, to dispose of these stole n , and forged bills open commission, among then -? was a woman by the name of Harris J who ; went from this city to Atlanta. Georgia, cbargedwith the disposition of $1300. ,'Untl The unfinished bills of this bank , had ' never been looked upon as SO much money, and ' for . that reason the extravotttinary ' precaution that 1 is taken by the Treasurer ef the United States , .... . . - . . i ... j . . to prevent theft, had , never been excarcised -with reference to tbem. : This ease affords . no reason however for a feeling of . insecurity as regards the public funds, for h may I be ' said " that a theft from the public Treasury is an '7 impossibility, at least, this will be trueao long as that faithful bablic servant,' Mr. SpiDner, is 1 Treasurer. " ,((';' " .'.'. ' .r "Si .;,'". -. . : id i'i OSHSBALlwaOOM,iOKtr.5 .. ... -:T is in receipt of return of thai following ; Dis- ' trict Land Offices, showing' a 'disposal "during ; the past month of 111,776 acres of the ' public ' lands; ''Denver, Colorado Territory,' 52jl46 acres; Ionia, Michigan, 8814 acres; St. . Cloud. Minnesota,4961 acres; Marquette,: Michigan, ; 1706 acres; Clarksville, Arkansas,' (one hurv -dred and five farms) 19056 acres; . in the state of CItfornia, San Francisco, . 19016 acres; . Stocton, 9793 acres; ttarviller 9556 . acres: Visalia, 3755 acres. The greater portion of these lands were sold for cash, and the remain der taken by actual settlers under the home- . stead law, and located with Military Land Warrants. . V r-rif ' - . ' ' - . .. ' .: v ,': i ;L1FE. :
'A cae now before the Superior Conrt will attract particular notice Elizabeth Duff , complains that she has been . divorced froai her husband Richard with out her consent or knowledge; that -the first news she had of the matter was the announcement! that the divorce had'been granted. The old process was used; a characterless-vagabond, swears, that he saw Mrs. D. go into a disreputable house, and upon such testimony,1 without allowing ber to know the .'charge, a husband, and a meaner person claiming to be a lawyer,' induces a Court to grant a decree separating tho parties.'' ' This is by no means an isolated case, . perhaps on file ; axe scores, -of ; them; one where a man purposely went to a I. low den and arranged to have -' information given to his wife to work her up to make complaint; he gladly confessed the . act, and easily got free, to marry a divorced woman within a month. It is high time this free and easy way of untying the nuptial bond' were stopped. We are' in danger of rivaling Chicago in such matters, and we do not care to deprive that city of one Iota of its refutations id the divorce line. N. Y. Tribune. ".V97.:i Ttie death of ex Governor Ritner, of Pennsylvania, which occurred but a . few davsf ago, has revived ' tbe recollection--of, aad elicited many comments npon, ' the great' popular uprising; nearly a generation ago. known a the Buckshot War, preccdejdj" by the. intensified, .and, anti Maaonic'agitatian. . Longer than the Know-vNothiog excitement of 1854, which' revolutionized parties, ' changed J majorities, brought obsoure men to high places and prostrated old f party t idols, ; yet how hew completely dead are the acerbities which those fierce exciementa engendered Like the fierce ' conflicts between the Whig and Democrats, between the friends of Polk and Clay, : remarks a oo temporary, they are fast past0 sing out of the realm of history into the mists of tradition. Many of the opposing leaders are gone, and -'those who survive have long sine forgotten or forgiven their prejudice and hates. In another generation the passions born of the rebelion and of the , war will also have passed away, and those, who live to contrast the oblivion that will - hide L and foriretthem with ihe animosities of the co. fltct itself, will wonder that , men of the same raoe could have been saoh bitter lots. Let us take this phiLosoobv to the heart as we agooUe over the ; dif ficulties or the present' and doubt the signs of tue fntore. - ' s- '
