Terre Haute Daily Gazette, Volume 3, Number 32, Terre Haute, Vigo County, 9 July 1872 — Page 2

}.,

'he Mi ming (gazette

HUDSON & ROSE, Proprietors,

R. N. HUDSON.

For

i.. M. BOSK.

Office: North Fifth St., near Main.

Thn T)aTTiY GAZETTE Is published every a/ter-

nnnn

Scept Sunday, and sold by the cnrriere at' fsc per wee/' By mail #10 per year £5 for 6 months $2.50 for 3 months. Tae WEEKLY GAZETTE IS issued every Thursday, and contains aJl thebest matter ofthe seven daily issues. The WEEKLY GAZETTE is the largest paper printed in Terre Haute. and is sold for: One copy, per year, $2.00 three copies, per year, 05.00 five copies, per year, 88 00 ten copies, one year, and one to getter up'of Club, $15.00 one cepy, six months 81.00 one copy, three months 50c. All subscriptions must be paid for in advance. The paper will, invariable, be discontinued at expiration of time. Kor Advertising Rates see third page. The GAZETTE establishment is the best equipped in point of Presses and Types in this sectioti, and orders for any kind of Type Printing solicited, to which prompt attention will be given.

Address all letters, HUDSON & ROSE, GAZETTE, Terre Haute, Xnd.

Literal Republican and Democratic Reform Ticket,

For President in 1872,

IIOIMI E GBEELEY OF NEW YORK.

For Vice President,

B. (JRATZ BROWN, or MISSOURI.

For Governor,

THOMAS A. HENDRICKS. For Lieutenant Governor, WASHINGTON C. D£ 1'Alff. Congressman-at-Large—two to be elccted,

JOHN S. WILLIAMS, MICHAEL C. KERR, l-'or Secretary of Sta te,

OWEN M. EDDY. For Treasurer of State, JAMES B. RYAN. For Auditor of State,

JOHN B. STOLL.

For Superintendent of Public Instruction, MILTON B. HOPKINS. For Attorney General,

BAYLESS W. HANNA. For Clerk of the Supreme Court, EDWARD PRICE. For Reporter of the Supreme Court,

JOHN C. ROBINSON.

TUESDAY, JULY 9, 1872.

Our Reply to "Mechanic." Wo publish in another column a communication from Mechanic." The writer is one of the leading Grantites of this city, occupying as he does a commanding official position in the organization in this county. The communication appears to be in response to an article we wrote some days ago, in which we showed that, although General Grant's administration had paid off some of the principal of the public debt, still he had not paid, during his term of office, half as much as did President Johnson during the time he occupied the White House.

We suppose "Mechanic's" figures are correct. We have not time now to examine whether they are or not. We have never denied that some of the principle of the debt had been liquidated by the present Administration, but not half as much as by the Administration that pre ceded it. General Grant, however, has been opposed to the liquidation of any part of the public debt, and so declared himself in his last message, but the men who hold him in the palm of their hands paid not the least attention' to his recommendation, and continued to redeem bonds as fast as they could draw money from the pockets of the people to do it.

We desire, however,to reply to only one paragraph in "Mechanic's" communication. He says "But let us look a little further. The bonds of the United States which at the close of Johnson's administration sold for 82 cents on the dollar in gold, are now above par in gold, and have enhanced in value to the extent of $338,017,411.'

No man who is familiar with the cotemporaneous history of the passage of the law in relation to the issuing and sale of the 5-20 bonds, but knows the Government had the right to redeem them, at any time after the expiration of five years, with the money of the country. Greenbacks beihg then and- now the money of the country, it follows that this General Government, whenever it desired to liquidate a portion of the public debt, had the right, under the law, to do it in greenbacks. This was the construction given, it by the men who wrote the law, by the men who voted to make it a law, by the men who purchased the bonds when they were offered on the market, and by the whole world.

The present Secretary of the Treasury, however, instead of taking his gold and j* purchasing greenbacks with it, and then with the greenbacks purchasing, dollar for dollar, his monthly installment of bonds, thereby saving from twelve to I thirteen per cent., goes directly with his 4 gold into Wall street, and purchases the bonds with it. What kiud of financiering is this? The very kiud which takes money from the pockets of the people, and puts it into that of the bondholders,

The very kind which makes the holder^ of our bonds (many of whom bought them at 75 and SO cents on the dollar, in greenbacks) grow rapidly richer, while the people grow in the same ratio, poorer.

But, says "Mechanic," when Mr, Johnson was President our bonds were selling at 82} cents, and now they are par in gold, and hence their value has increased just$338,017,411. Has it ever occurerd tq the astute mind of "Mechanic" that the public debt lias thereby been increased, by this kind of financiering^ just that amount?. Has it ever occurred-to him that it will take just. $538,017,411 more money now to pay off the public debt than when Mr. Johnson retired from office Has it ever occurred to him tha the "bloated bondholders'! are just tbi much richer than they were bef6fe this ridiculous and unlawful fiuanelal policy was adapted by the present Administra* tion If 'Mechanic" cau get any cohso? lation for himself and his wing of the party from our present financial condi* tion, and the policy pursued by the powT ers at Washington, we are willing he may do it, but the people, from whose pockets come all the money which redeems any of these bonds, have no desire to pay for them more than the holders had a right to expect when they pur* chased them, and more than was ever guaranteed by the law. "While, however, Mechanic's hand is in defending the financial policy of the present Administration, we beg to

submit a few more thoughts for his consideration. If General Grant is to be regarded such 'a brUliant. financier, and so rigid in the economy of the expenses of the Government, why is it that the cost of the XLth Congress, from June 30, 1867, to June 30,1869, was $6,651,074, including books, and that of the XLIst Congress, from June 30, 1869, to June 30, 1871, $11,223,042. We are at a loss to conceive what we have had for all these millions. It scarcely seems possible that the XLIst Congress was worth five millions more than the XLth.

Next, compare the cost of the Executive Department. Under this head are embraced the salaries of a great number of office-holders, including nearly all the big and little officials at Washington. We are told that Johnson's administration was notoriously profligate, and it is commonly believed that Grant is immensely less

expensive

than Johnson

was. Yet we find that the last two years of Johnson's administration consumed $12,856,220, while the first two of Grant's run up to $18,709,472. The Judiciarv, too, increased their expenses from $4,849,389, in 1867-9, to $5,931,262, in 1869-71. Neither in the Legislative, Executive, or Judiciary Departments, do we find the Grant administration less expensive than Johnson's.

The mint, assay offices and sub-treas-uries, which cost $2,291,055 in 1867-9, rise to $2,944,877 in 1869-71. Foreign intercourse, including salaries of Ministers and Consuls, was maintained at an expense of $2,470,810 in 1867-9, and of ,095,150 in 1869-71. Johnson collected the customs for $14,543,488 in 1867-9 Grant for $14,802,528. The Indians were experimented with for about $10,900,000 for the two years of both administrations. Forts and fortifications, river and harbor improvements, public buildings and repairs of buildings, absorbed $14,574,763 in 1867-9, and $16,420,-. 191 in 1869-71. But we will not weary the reader with details. We make the broad statement that there is nothing in the official reports of Government expenditures from 1867 to the latest issue to countenance in the slightest degree the boast of superior economy which is so boldly made by the partisans of Gen. Grant."

Here area few nuts for "Mechanic" to crack, but we have no doubt he will be able to mash them, from the vast fund of human knowledge he has to draw upon. ..

THE Grant party seems to be troubled about Mr. Greeley's past censure of the Democrats more than any one else. The Alexandria (Va.) Gazette declares that the Democrats do not enter into a defense of ideas formerly expressed, but support Mr. Greeley because he is opposed to the course and policy of the present Administration, and stands upon the reform principles of the Cincinnati platform. "These," it adds, "are sufficient reasons to justify the course of the Democrats, and to excite their energy. They are looking to the future good and to the best interests of their country for the time that is to come. It is an honest aud patriotic effort in behalf of peace, harmony, and prosperity, which impels them to unite in bringing about the election Of

Mr. Greeley."

HON. CHARLES FRANCIS ADAMS having been interviewed by a New York correspondent, is reported as having said, in answer to a question as to what he thought of Mr. Greeley as a candidate for the Presidency, that he believed him (H. G.) to be an honest man that the holding of public office would tend to temper the acerbities characterizing Mr. Greeley's life as an editor of a powerful journal. Mr. Adams also inclined to the opinion that Mr. Greeley's theories regarding protection will undergo *a radical change. _______

GENERAL HANCOCK has written a letter, defining his position on the Presidential question. He declares that he will cheerfully support the person who may receive a two-thirds vote at the Baltimore Convention, which means that he intends to work and vote for Horace Greeley.

HENDRICK B. WRIGHT, Democratic candidate for Congress-at-Large from Pennsylvania, expresses the opinion that in the great coal mining county of Luzerne, where he resides, one-third of the Republicans are now for Greeley, and that fully one-half will be for him after he is nominated at Baltimore.

A PROMINENT Republican Representative of Delaware county, New York, says the county will be carried by Greeley and Brown, and that the town of Delhi, which gave Grant 800 majority, will give at least 1,000 for the Libefal ticket.

THB^Memphls AvcRtxnchc vouches feat the bloody chasm separating the North from thp.Bouth," will be bridged by the 5th. of ^November. The Contractors, Messrs. Greeley and ^Brown, are progressing rap'idly with the work.

GEO. WILKES has put up $10,000 against a like amount with ex-CoIlectof Thomas Murphy, of New York, that Greeley will'best-Grant.

"Ain't Grant Frying Off ,the Debt IV Editor of Terre Haute Gazette: SIR AS ^,^^'^torial of last Fridayr I'

i^Owld

libe to sobmit the

following: tools possession oftheGovei-pme'tjt,thenation-al debt amounted to $2,525,463,200, less cash in :k moiithlyjjaterest the first of tlie following fieeemier Uie'debt had! Ijeen fedflOe&tjtff sho^iugla, decrease, o| $Jl,^P3^&24_iu nyie months,and a'decrease ili interest toj be paid amoUfrtiug* £0 $4-,822/041. In one yiear thereaffe^j.or ou. tbe 1st of December, I870? the debt wa^ still farther reduced, to !£2,234,^68,494 carrying up the total decrease under Grant's adihlhistration to $191,154,765, and lessening the annual interest by $10,155,576. in another year, or on the 1st of December, 1871, the debt was $2,248,251,367 showing a totkl decrease of $277,211,892, and reducing the annual interest account by $16,741,436. On the 1st of January, 1872, the total reduction of the debt was $281*624 848, with a decrease of annual interest by $17,165,1*27. On the 1st of February, i$72, the total reduction under General Grant had reached $387^57,310, wjttua

decrease in the annual interest of $17,598,834." Now, Mr. Editor, there is the evidence that Grant is paying off the public debt, and that, in the face of the immense reduction of internal revenue taxes, and the revision of the tariff, which are1 taking place from time to time, the peurile statement that it is the people who are paying off this debt, and not Grant, will lie as much against Johnson as against the President, or any of thosb who preceded them.

But let us look a little further. The bonds of the United States, which, at the close of Johnson1s Administration, sold for 82} cents on the dollar in golcf, are now above par in gold, and have enhanced in value to the extent of $338,017,411.

Let us look at the extent of the tax reduction, before which Mr. Johnson, as you say, paid off so much debt. The internal revenue taxes collected for the fiscal year ending June 30th, 1866, amounted to $309,326,813.42. This was the largest sum collected in any siugle year. The estimated reduction of these taxes, by legislative acts, since passed, is as follows: By the act of July 13, 18W 565,000.000

March 2,1867 41,000,000 February 3. 1868 22,000,000 .. March 31, 1838,1

July 20, 45,0i0,000 July 14, 1870 55,000,000

Grand total of reduction $228,000,000 The amount of internal revenue taxes collected during the last fiscal year was $143,098,153.63, which is less by $166,128,650.79 than the amount collected in 1866. The act of July 14, 1870, made an estimated reduction on tarift'duties amounting 'to $29,526,409.40, and at the last session a further reduction of some $50,000,000 was made, conspicuous among which was the tax on tea and coffee, which was mostly in the interest of the poor man. Looking at the value of the bonds when Johnson left office, and what they are now—at the total reduction of the taxes, amounting to over $307,500,000, are not Republicans justified in asking, "Ain't Grant paying off the debt

B®" Baggage checked through to all points. F. P. WADE, Gen'l Ticket Agent. A. B. SOUTHARD Ass't Gen'l Supt. G. D. HAND, Passenger Agent. febl9-ly

MEDICAL.

WAKNER'S

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.NO MORE

WEAK SERVES.

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FIE-T5

MECHANIC.

Talkat the Toilet.—Every lady's maid knows that the bewitching beings who pave their triumphant way with conquered hearts, regard a splendid head of hair the most effective of all womanly facinations. They believe, and they are right, that they can lasso as many beaux with the luxuriant ringlets and glossy braid as they can "kill at sight" with their beaming eyes. Hence in their "toilet talk" among themselves and with their attendants, the merits of preparations for the hair are freely canvassed, and the latest result of this discussion seems to be the almost universal adoption of LYON'S CALHAIRON as ah article better adapted to promote the growth and beauty of the "Chief Glory of Woman" than any other at present-before the world. They say that without irritating the skin of the head it eradicates dandruff, aud that it penetrates below the surface to the roots of the hair, en* (lowing them with new life and vigor.

RAMOAD.

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'a ms® ."Siws.

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AT ABOtT HALF

1

JDB? GOODS.

THljj DECLINE ONl'lUES! 1 iii. ...M— -JP

Nearly Every Species of Dry Goods are toeing Slaughtin New York!

ft

Here are Some of

We have a very fine display of Silks and Poplius to which we invite special attention.

Job lots of White Piques and Marseilles!

Good quality ot Marseilles 20 cts, former price 25 cts. Handsome Satin Stripes 25 cts, recent price 3octs. Very fine Satin Stripes at 30, 35, and 40 cts.

0»ASS CLOTHS AXD FOB SUITS!

Yard wide Grass Cloths 20, 22, aud 25 cts. Yard wide Liuens 25 cts, former price 35 cts. Yard wide Linens 30 cts, recent price 40 cts.

HE JlAKEi

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It regulates theiwwis. quiets the nerves, acts diS W a

1

erful. Tonic and, restoringt paxiducfS healthy ifid wgdhim a^Ition^o tlre^cnbleTTOteiiii 18 PlattstSet, New 3fork.

Price One Dollar per Bottle. Scnd fpr Gircnlar.

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Send for our Illustrated Catalog!^

Our recent onslaught upon the Carpet trade caused a decided sensation. We have never seen a more complete success. Within 24 hours after we had announced our prices to the public, our Carpet room was crowded with customers, and each week our sales of these goods have continued td increase. n. ..

I

7

I.I,' *ob t)i

wi

tS'

a.

MERCHANTS WlWtARGE STOCKS BOUGHT EARLY IN SEASON ARE BADLY CRIPPLED!

Our peculiar organization never showed ,to a better advantage than now. It enables us, by reason of having two senior pattners constantly in New York, to buy goods when they are high, only as we need them, so,that we are always ready to take advantage of every break in the market. Now that prices have tumbled our buyers are shoving the goods forward in large lots, in many instances

I

Our

An immense lot of Merrimack, Sprague, Pacific and Gloucester Prints, in new and beautiful styles, at 10 cts a yard. Yard wide English Gretone Prints or Percales at 12J and 15 cts. All the other stores in Terre Haute are selling these goods at 25 cts a yard.

Splendid line of Silk Striped Grenadines only 20 cts. Until recently the price h^s been 40 cts. Finer grade still of these goods 3Q cts, recent price 50 cts.

Big lot of Black and White Mdhair Plaids \2\ cts, worth 25 cts. Handsome Japanese Poplins 25 cts, recent price 40 cts. Fine Grey Chene Poplins^ cts, former price 40 cts. Our Dress Goods stock is now unusually attractive and additions are bem" made to it almost daily.

3tA.Il£:

Handsome Grass Cloth Suits $3.50, $4.00, $5.00, and $6.00. Handsome Victoria Lawn Suits $4.00, $5.00, and $6.00. These Suits are far below the prices usually charged for them.

PARASOLS ANT) 'SUN UMBRELLAS!

Parasols as low as 35 cts, worth 50 cts. Handsome lined Parasols $1.00, worth $1.50. Parasols with Tourist's sticks $1.50, worth $2.00. Fanchon Parasols $2.00, usual price $3.00.

A A I N S I N N O I O N S

Coats'aud Clark's Cotcon 5 cts a spool. Best Knitting Cotton 5 cts a ball. Good Corsets 35 cts. Best Pins 8 cts a paper. Silk Scarfs for Ladies 50 cts, former price 75 cts. Jaconet Edgings and Inserting 10, 15, 20, 25, and 30 cts. Fringes 15, 20, 25, 30, 40, and 50cts. These goods we have recently reduced about 25 per cent.

OSHB' BBOTH EKS'

Great New York Dry Goods Store,

'i i1.-v i-i-:sif.jmnr hfur.'r/ ./-.ri vstl: 'H»-

It is the Hit Bird that Flutters!

This accounts for the fluttering among our competitors. They got their backs up at ohce and "rushed into print to tell the people that they had reduced their Carpets tp'tb.e price of out's. The people answered, "We don't believe you, andieven if'you liave,' Foster Brother? compelled you to lower your prices, or you would nev^r have done it.. We propose to give our patronage to the merchahta whose prices are so low that they have never had to reduce them to meet the prices of other stores."

AN

Mo

'j,a HL*.' I ti'fi fiX.

.ft tar f,

B-TWIi.

.. J| Jjf .If

Z'-iiuiio ,.v t.- ••ftU'Je

THE "AMBULACE RIDER" BACKED DOWN!

IKOLORIOUS FIZZLE!

His "Hand Loom" aud "Family" Carpets Prove to be a Humbug!

Khowing, as we.did, that his "Hand Loom" Carpets, for which he was charging $1.40 aiid $1.50, were exactly the goods that were selling at $1.20 and $1.25, and that his so-,qalled ''family" Carpets at $1.00 were the same as our 85e goods, we siibiiiitted to hirij^four dlstiiipt challenges on the ^ufl)ject, which he has not dared,to accept. ... oi ih

The brief campaign of the past few weeks lias plaoed us

i. I

Ofi

S'

AT THE HEAD Oi' THK CARPET TRADE!

..'A'-" .'1

«rJ5ibrii

PKOPQgj: TO KEEP THE LEAD

We shall do it by offering to the pub lic oOly well ku6wu brands of Carpets, and by always representing our goods to be just what,they are. As we shall keep no mak^ Of'Carpets to whic'h the manufacturers are ashamed to put their names, it Will' nevferT become neceBs'ary for lift to dub any of them "Finger Looms" or "Family Frauds." -tr*«^ f-i V1 1 'i

neceBsary ii\t-ffuv ci V" -u 'L tiU i£ i* 03-ji l-iVQ

iS iM{

A

Oii UH

Common /y^'rd Wic|e Carpets, 18c. .Qjood yaril'wiile Carpets, 22 jiind 25c

(Better and hjeavier Ca^pels, 25 and 30c. bejtteraud^jeavier, 55c, ap_d 45c. ,Ingrain'Carpets,yard tvide, 50c, 60c ar-*' and 8(

Extra heavy Ingraici' Uarpetsr SOc, 90o Finer qualities of 'all wool Ingrains, a

8"S'

•^4

u« n.

ms

l&v" «joii o'iI

1

th*

G, 60c and'65c. 80c. and $1.00. at 90c, $1.00 and 1.15.

Finer qualities w. «t ,,., Celebrated makes of "IJxtfa-Buper" Ingrains, at $1.20, 1.25 and 1.30. JSiBSr /ual{i,ies o^ "Super-Extra-Supers," at $1.25 and 1.30.,, thj6e-piy Tapestry Ingrains, at $1.35. Beet'English Brussels Carpets, from $1.20 up. .1 Ileavy-yard wide Oil Cloth, 50 worth 65c.. Mattings, Rugs, &c., at equally low rates.

K« to »oiu jG"lt

1

THE

ER PRICES!

Latest Purchases:

^XJITS!

STREET. TERRE ilAITTE, INT.

CARPETS.

AIN VIGTOMIOUS!

ill

»f-

GREAT N. Y. CITY DRY GOODS IND CARPiT STORE,

.t»v it-utwjyv-

PtTor(li Ht(l« Qfrnin Street, Terr© Haute, iudiaum ^7^5

•'V .v,i

CARDS.

|L PROFESSIONAL.

STEPHEN?. ji. Office at No.

12

South Fifth St.,

Opposite St. Joseph's Catholic Church,

TERjRE HAUTE, IN1.

HO, Prompt attention paid to ah professional calls day or night. .. feblO

JOAB A HARPER,

Attorneys and Collecting Agents,

Terre Hante, Indiana.

ogtce,

No. 66 Ohio Street, south side.

J. H. BLAKE,

ATTOMEY AT LAW

And Notary Public.

Office, on Ohio Street, bet. Third & Fourth

Terre Hante, Indiana.

HOTELS.

A O IT S E

Foot of Main Streeti

TERRE HAUTE, IKDIAKA,

Free Buss to and from all trains. J. M. DAVIS, Proprietor.

LEATHER.

JOIIJN II. O'BOILJK,

Dealer in

Leather, Hides, Oil and Findin

Terre Haute, Indiana.

O W E I S S au6(13m.

s.

NO. 178 MAIN STREET\

B00TSAN3) SHOES.^

A. O. BALCH

Ladies'& Gents' Fashionable BOOTS & »HOE!§, MADEShoeStore,

to order. Shop at O'Boyle Bros. Boot and Main street, Terre Haute ndlana.

CKANuE.

A CHANGE!

O. F. FROEB

Successor to

LiqUOES.

A. 511K.\A],I),

Dealer in

Copper Distilled Wliisky, AM

PURE WISES,

No. O Fourth Street, bet. Slain and Ohio

8®" I'ure French Brandies for Medical pur poses.

PAINTING.

WM. S. MELTON,

A I N E

Cor. 0th, La Fayette and Locnst sts.,

TERRE HATJTB, IND.

THE OLD RELIABLE

BARK & YEAKLE

House and* Sign Painters,

CORY'S NEW BUILDING,

Fifth Street, between Main and Olii

GUNSMITH.

JOILK ABMiTllOAU,

Gunsmitli, Stencil Cutter, Saw Filer and Loclvsiiiitli,

THIRD STREET, NORTH OF MAIN,

Terre Hante, Indiana.

CLOTHING.

•J. ERLANGER,

a'l :"WTiolje6ale arid Retail Dealer in

MENS', TOTTHS' i*D iBOVS'

.7l.'i'I a jrT"i: CLOTHING, n. ~'i-t

And Gents' FurnisIiiiig Goods, .f0PMi:

Terre Haute, Indiana.

GROCERIES.

•"•'IIXJMIAl* A C'OX, I WHOLESALE

Grocei aiid Liquor Healers,

Cor. of Main and Fiflli Sts,,

Terre Hante, Ind..

R. W. R1PPETOE,

Groceries and Provisions,

No. 155 Main Street,

Terre Hante, Indiana.

WEST & ALI.M,

DEALERS IN

Groceries, Queensware, Provision!?,

AND

COUNTRY PRODUCE,

No. 75,Main Street, bet. Eighth and Ninth

,, .:.i Ttijre Hante, Indixna.

FEED STORE.

A. BURGAN,

J.

.,t- •, Dealer in ..- Floor, Feed, Baled Hay, Corn Oats, and alj kinds of Seeds, "NORTH THIRD ST., NEAR MAIN

TERKE HAtTTE, IND.

FEED

delivered in all parts of the city iree cfrarge

GAS

1

PITTEE.

A. BEEF & CO.,

GAS AND STEAM FITTER.

OHIO STREICT,

Bet. 5th and 6tli. lG I Terre Hante. Ind.

TOBACCOS, ETC.

BBASHEARS, BROWN & TITUS,

AGENTS

1

MJEKCffA3VTS

Wholesale Dealers In j,

Groceries and Manufactured Tobaccos

for R. J.Christian & Co.'s celebrated

brandaof ^Christian Comfort," Brisrlit May

Blaek Navy and other fine brands,

AND 34 MAIN STREET "Worcester, Mssa & r-