Terre Haute Evening Gazette, Volume 6, Number 152, Terre Haute, Vigo County, 8 December 1875 — Page 1

PRESIDENT'S MESSAGF.

[Continued from second f.aga] Believing that these views will commend themselves to the great majority of the right thinking and patrotic citizeus of the United States, I submit the rest to Congrass. (Signed,)

S. GRANT,

Executive Mansion, Dec. 7. 1875.

Repart ef Secretary Treasury

Briittow,

The following is the report of the Secretary of the Treasury. RECEIPTS AND EXPENDITURES.

Total net receipts exclusive of loans, $288)0C0,5I 10. Total net expenditures, §274,623,302, 84. Redemption of the public debt, $10,405,* 030 43. Total net disbursm'euts, $294,029,323, 32. Balance in Tre isury June 30,1875, $144,602,417,41. This statement shows that the netreven ues for the fiacal year were, $288,000, 05110. And the ordinary expensas (including the award to British claimants, $1 920,816), 5274,023,36284. Leaving a surplus revenue exclu sive of provision for the sink fund $13,376,058 26.

The receipts and expenditures^dur ing the first quarter of the current fiscal year were as follows:

Net ordinary receipts, $78,995,869.57 premium on sales of coin, $2,160,275.47. Total net ordinary receipts $81,156,145.14 balance in Treasury June, 1875,$144.702,416.41 total available, 225,868,561.52. Total ordinary expenditures, $84,047,543.76 redemption of the pnblic debt, $6,838,99S.66 Baladce in Treasury Sept. 30, 1S75, $134,672,018.13 total $225,858,561.55.

For the remaining three quarters of the fiscal year, the estimated receipts and expenditures are as follows: Total net receipts, $21^,300,000,00. Total ordinary expenditures, $184,400,000,00.

From the foregoiDg statement of actual receipts and expeuditures for the first quarter of the fiscal year, and the estimates of the same for the remaining three quarters, based upon appropriations already made, and also on the assumption that Congress will not increase the expeuditures by deficiency or other appropriations, it will be seen that, in the judgment of the department, the revenues will reach the sum of $297,456,145,14, and that the ordinary expenditures will amount to $268,447,543.7G. This exexhibit gives surplus revenue of $29,008,601.38. Under existing Jaws it is ertimated that $32,293,662.32 will be required to be provided for tbe sinking fund for this year. If the statement? as here submitted, shall prove to be approximately correct, the revenues will fall short by the amount of $3,285,090.94 of providing for the appropriations made by Congress.

It is estimated that the raceipts for the fiscal year ending June 30, 1877, will be—

Total ordinary receipts, 304,000,000 total estimated expenditures, exclusive af the sinking-fund account and principal of the public debt, 269,265,000 00

I is expected that for this fiseal year the surplus revenues af the Government will amount to $34,735,000. The estimated amaunt to be provided for the sinking fund is $34,063,377 40. There is reason to hope, therefore, thOt the income of the Government for.this year will amply provide for all its obligations, including the sinkingafund.

The estimates received from the several executive departments are as follow?

Legislative establishment S 2,865.378 50 Executive establishment 18,717,045 40 Judicial establishment 3,403 450 00 Foreign Intercourse 1,352,485 00 Military establishment 53,097 178 50 »aval establishment 20,871,tig? 40 Indian affairs... Pensions Public works:

Treasury dep't.. War dep't Navy dep't Interior dep't— Dep't agriculture Dep't of Justice..

5,7*7.70) 74 19,5V,500 CO

8 6,152.846 SG 19,888,233 44 l,7i 5,000 00 800,500 00 21,825 3,COO 03

£3,591.410 30 9,i.'81,9i2 19 13,881,185 79

Postal service Miscellaneous Permanent. appronrlatlons(lnoludlng834,0G3.577 40forsiuklnd fund 140,6/9,910 7o

Total 8314 612,608 48

REDUCTION OF THE PUBLIC DEBT.

By the monthly statement of the public debt issued June 30, 1875, the reduction of the debt during the year was shown to be $14,399,514.84.

During the past fiscal year it was not practicable to purchase the amount of Ignited States bonds required for the sinking fund, for the reason that such bonds could not be bouget at par, and the Secretary was forbidden by law to pay more. But the eleventh section of the act of March 3,1875, authorizes the Secretary for the purpose of obtaining bons for the sinking fuqd, to give notioe that he will redeem in coin at par any bonds of the United States, bearing interest at the rate of six per centum, of the kind known as fivetWentles and further provides that interest on such bonds shall cease at three months from the date of-notiflcation. The amount requreed for the sinking fund for the fiscal year ending June 30, 1875, was $31,090,541. Of this amount $1,096,500 six per cen1, Aye-twenty bonds were purchased at the rate of $99,87$ for esLch hundred dollars in bonds and on the'Jlth, of March, 1875, a call was made for $30,000,000 of the same class of bonds. This call matured on the 11th day of June,

J875, which being so near the end of the fiscal year, apart of the bonds named in the notice were not presented for redemption during that year. Of the amount so called only $24,073,900 were presented for paybefore the 80th day of June. Therefore, the amount which appears upon tbe books of the Treasury as actually applied to the sinking fund within the past fiscal year is $25,170,400:

For the current fiscal year it is estimated that $32,140,914 must be applied to the fund. To meet this requirement a call was made on the lstd.iyof September for $8,000,090 six per cent, five-twenty bonds, and on tbe I5th day of Novembet, a further call for $5,000,000 bonds of the same ciass. The balance necessary to complete the total amount for this year will be called from time to time

in such manner as to cause the least disturbance of the market, and it is hoped that the whole amount will be presented f"i' payment within the year.

REFUNDING THK NATIONAL DEBT. Since the Secretary,s last report to Congress, the refunding of the national debt autorized by the acts of July 14,1870, and January 20,1S71, has been continued. The contract which was entered into July 28,1674, and which is fully set forth and explained in the last annual report, was renewed Jsn uary 29, 1875, the contracting parties being Messrs. August Belmont & Co of New York, on bebalf of N! Rothschild & Sons, of London, Eng Messrs. Drexel, Morgan & Co., of New York, on behalf of Messrs. J. S. Mor gan & Co., of London,Englaud Messrs and J. & W, Seligman & Co., of New York, on behalf of Ssligman Bros., of London, England. The conditions of the contract were slightly modified,the contracting parties being allowed onehalf of one per cent. commission, and biuding themselves to defray all ex penses incurred in transporting 5 per cent, bonds to London, and 6 per cent bonds, United States coin coupons and gold coin from London to Washington besides the expenses of preparing the new bonds.

Under this agreement,the contracting parties have subscribed for $]22,G8S,550, the balance of "New Fives" then remaining unnegotiated, and the Secretary now bag the pleasure of announc ing to Congress that the funding of the five hundred million of 6 per cent, bonds into those bearing 5 per cent, interest has been accomplished, there by saving au annual interest to the Government of £5,000,000.

The success which lias attended (he refunding of $178,547,300 of the national debt during the last sixteen months, with the steady improvement of the national credit, induces the belief that the remainder of the six per cent, bonds can be refunded, within a reasonable time, in accordance with the provisions of the acts before mentioned. The attention of Congress is, however, called to the fact that, by the terms of the authorizing act, the bonds to be issued at the rate of four and one-half por cent, are redeemable at any time after the expiration of 15 years from the date of their issue. Bonds most easily placed on the market, which are most sought for by investors, and oonsidered in all respects the most valvable, are those having a long peeiod to run. Taking into consideration the fact that but little inducement is offered in the amount allowed as commission for placing the United States loans, compared with that made by other Governments, It is thought important to|give these all the elements of popularity that may be possible, and the Secretary, therefore, recommends that an amendment be made to the act of July 14,1870, which shall extend tbe time ef redemption of such bonds to thirty yoars from the date of their issue.

RESUMPTION OF SPECIE PAYMENTS. The depression of business and general contraction of values which followed the financial panic of 1S73 have continued to a greater or less degree in all parts of teo country. Similar financial convulsions have occurred in othea countries, and their effects are now being felt to a degree as great, perhaps, as in this country. These diastrous disturbances have been brought about in our own country by over-trading, over-credit, and excessive enterprises of a speculaiiue character, stimulated by too great abundance of promises to pay, existing in the form of currency not based upon, or convertible into,the only actual money of the world and of the constitution, gold arid silver. Other commercial countries which have suffered and are now suffering from financial depression, have felt tho influence of like causes,while in some of them the temptation to carry prosperous times to excess has, as has often happened before, led to over-produc-tion, and that superfluity of trade and credit which must inevitably, sooner or later, be followed by a corresponding period of depression. Alhongh there are gratifying indications of increased activity in certain bpanches of buiness in the United States, it must be admitted that confidence has not yet been restored to the extent necessary to bring about a general revival, or put to the trade and industries of the country upon a basis of activity and permanent prosperity. Nor is it reasonable to expect that this will be done until there shall a nearer approach to resumption of specie payment, and consequent improvement in the character of the currency. The constant disturbance of exchange and fluctuation of values, the uncertainties of business, the want of confidence between individuals, corporations, and communities, which all experiences proves to be the inevitable result of the use of a medium of exchange possessing no intrinsic value, representing no .considerable amount of labor in its production, and not convertible into that which is recognized as money throughout the commercial world, are considerations which should claim the attention or every thoughtful representative of the people. However rapid may be our increase in population, wealth, and material strength, we cannot take the rank as a commeror business people to which we are entitled by superior natural advantages, and tbe productive energies of our population, or attract to us the surplus capital of the world, so long, as we have fluctuating standards of value, and such uncertainty in our fiscal leg* slat ion as makes the assembling of

Congress and our frequent elections occasions oi anxiety, and apprehensions not only with the holders of our securities abroad, but with business men at home.

Great Britian has kept the value of her pound sterling substantially unvarying for two hundred years, and, in consequence of this steadiness, it^ has become the basis of the transactions, not only of British commerce and trade, but of all tbe world. In all civilized countries government negotiations with loreign money leaders are made upon this basis and, as a general rule: the only foriegn bills current all ovor the world are those which are expressed in pounds sterling payable in London, which city thus becomes the great centre where a true measure o» property and debts can be found i5?mmerceof tbe world

and

•"i.

pays tribute to

standard. With an un-

rtxflrt riJttryiD8 currency, having no Ration to the money of the JSm' le cil

mucb below its

XfirHkr iudenan ?r

Par

attain that

^oat resources anrt®009

COH)-

to which our

POputatton

laborer and merchant,

circulating medium) producer no less than .. bondholder^and banker unequal and fluctuating cuwoncy ^P-

presses and injures laborers and producers, who constitute a great majority of our people, far more than it affects injuriously dealers in money. Tho tlifferenc3 between gold and our paper currency is a margin upon whicn experienced money dealers do business, and it is this that gives the opportunity for artificial combinations whoreby values are increased or reduced at pleasure. The purchasing powers of the currency is increased or diminished by the manipulations of large operators united for that purpose, and producers and laborers aro often made to suffer, without effective power of resistance. Restoration of a sound and unvarying currency must bring better relative wages and more constant employment, because the value of labor, as that of which it produces, will be measured by a more certain standard, and with the return of confidence must come activily, prosperity, larger markets and greater demand, which, as both reason aud experience prove, do not tend to iower wages, or make employment loss certain.

The claim that the large issue of inconvertible paper currenry has been beneficial to producers, is perhaps, sufficiently disproved by reference to the reports of the leading articles of produce, snch as wheat, corn and pork, before and since tho issue of such currency. The most trusrworthy sta tistics show that such articles were sold in New York, during the four ysars, from 1870 to 1874, inclusive, for about the same price that they brought in the five years from 1856 to 1860, inclusive.

On the otkor hand, it is equally certain that the farmer has paid increased peices, during the period from 1870 to 1874, for articles imported for consumption, upon all of which the difference between gold and currency must be paid by the consumer, who pays in the latter. Thus the producer of domestic articies is constantly subjected to loss in exchanging his products for such articles as coffee, tea, sugars and other imported goods, which enterJJ into daily consumption. In this connection it should be borne in mind that a greater yolume of currency is required for the transaction of business when it consists of inconvertible paper, which does not circulate abroad, than when the currency in general use is gold, which flows through every artery of commerce. The statistics of our foreign trade illustrates this proposition. For every imported article tho consumer must pay to the importer, besides the cost in gold, increased by his percentage of profit, as much more as the difference between gold and the currency with which payment is made. This difference, commonly called the premium on gold, increases by many millions the total amount which would otherwise be requiree to complete all such transactions.

The proper office of currency, whether it be gold or paper, is to erve as a medium of exchange for the adjustment of transactions between buyers and sellers. When it is sound and staple, receivable in all parts of the commercial world, the amount which actually passes from hand to hand in business transactions is far below the volume of business. A small per cent, thereof is adjusted by the actual handling of money. Exchanges are, for the most pait, made by transfers of credits through,banks and other agencies. Wherever exchanges and business transactions are conducted on the basis of coin and paper convertible into it, the volume will be regulated by natural causes. Money, like merchandise, will go where there is demand for if, and where something of value can beobtaiued in exchange for it. When the financial panic of 1857 created a demand for gold in this country, a ready and continued supply came steadily from abroad to meet the necessities of our people, and brought speedy relief. Now, the enforced use of incouvertible paper currency, not only obstructs the flow of gold from abroad, but drives from the country the precious metals yielded by our mines.

Good and bad currency cannot be retained in anything like equal proportions in a country having commercial relations with other powers and peoples. The latter will drive away the former. Gold ahd silver will flow steadily to those parts of tbe commercial world where business is done on the basis of an unvarying standard of values, and where every issue of paper is convertible into the precious metals at the option of the holder, because they are needed there. Such is the inevitable operation of the law of supply and demand and the present limited and inadequate supply of coin in this country is chiefly due to this cause, Gold has become a commodity of trade, the price of which from day to day depends largely upon the will of those who have combined to control the market. This presents a serious obstruction to all productive industries and commerce, and introduces into business transactions an element of uncertainty, which often unsettles the most intelligent calculations, and tends to destroy eonfidence, without which there can be no real or permanent prosperity. Apparent, but fictitious prosperity has often followed large issues of irredeemable paper currency, but no result is more certain to flow from a given cause, than disaster and fluancial distress to follow a period of inflation of business and ci edit caused by excessive issue of paper currency. The philosophy which teaches by example, as well as the deductions of reason, establifhes conclusively that there is no effective remedy for tbe evil but the removal of its cause,

The circumstances attending tbe isaue of the United States notes now in circulation impose upon the Government a peculiar obligation of provide for the speedy and certaiu redemption of coin. They were issued in tbe exercise of a power which can be called into use only in a time of supreme necessity, and were paid out for the support of an army composed of brave patriotic citizens who had responded to the call of their country in tne hour of its extreme peril. To suffer a promise at such a time and under such circumstances to be honored by subsequent difference or

non-performance,

would be

little better than open repudiation, and would affect injuriously our national name and credit.

It is worthy of note that for the mo3t part those who now oppose the redemption of legal tender notes, and

who ask for a iurther issue and con--win

tinued indefinite reissue of the note now in circulation, were moat sternuous in their opposition to such issues during the civil war. The acts authorizing such issues were denounced as in violation of sound principals of finance, not warranted by the constitution. Their constitutional validity was resisted at every point, and subjected to tha test of judicial decision in almost every court in the country, both State and national. The supreme judicial tri« bunal of the nation upheld the acts as measures of necessity in a time of great exigency, but it has neither decided nor intimated that snch power may be exercised by Congress in time of public tranquility, Indeed it is farely infeeabie, from all the court has said in tho various cases ia which the questiou ha3 bseu before it, that the issue of such notes in time of peace is not within the constitutional power of congress. The language and argument of the court leave no reason to believe that it woDld sustain the claim of power to increase the volume of such issues or to reissue such as have been redeemed in obedience to law, when the public exigency no longer exists* These who oppose such issues at a, time of supreme necessity, and'insist upon further issues when the emergency has passed awsy, put themselves in the attitude of opposing war measures in the midst'of war, and anvocaing them in a time of propound peace. Congress carefully confined the operation of the act to the period of necessity by authorizing "the reissue from time to: time, as the exigencies of the bublic interests shall require,"

In furtherance of tbe purpose of the act of the last congress to provide for the resumption of specie payment' the secretary recommends that authority be giveu for funding legal tender note3 into bonds boaringa^ow rate of interest. Such bonas should run for a longer pcticd'of time than ihose now authorized 'for refunding the interest bearing debt, and sliauld be made available to national banks for deposit to secure their circulation and other liabilities to -the Government, and should bear a rate of interest so low as not to cause too rapid absorp*.ion of tbe notes. It seems probable that a bond bearing interest at the ate of four per cent., would invite the funding of a sufflicet amount of legal tender notes to lessen materially the sum of gold which in the absence of such provision, imust be accumulated in the treasury by the 1st of January, 1879, to carry out the imperative requirements of the act of January 14,1875. If it be apprehended that authority to the Secretary to fund an unlimited amount of notes might lead to sudden contraction of the currency, Congress could limit the amount to be funded in any given period of time. The process being in no sense compulsory as to the holders of United mate notes, and the rale of interest on the bonds being made low, it is not probable that currency which could find probable that currency which could find profitable employment would be presented for redemption in such bonds. Only the excess of notes above the needs of business would seek such conversation. Authorty to the Secretary of the Treasury to redeem and cancel two miillon of legal tender notes per month by this process would greatly facilate redemption at the time now fixed by law, and besides would have the advantage of publicity as to the exact amount to be withdrawn in any given month. Bonds issved for this purpose should be of the denominations of fifty and one hundred dollars, and any multiple thereof, in order to meet the eonvenienc of all classes of holders of United States notes. The faith of the Government now stands pledged to resumption on and after January 1, 1879, and to the final redemption and removal from the currency of the couutry of the legal-tender notes as fast as they shall be presented for redemption, according to the provisions of the act of January 14, 1875. To resume on the 1st of January, 1879, without further Legislation, would require the accumulation of a large amount of gold in the Treasury in order to avert the possibility of failure of tbe plan. Such an amount of gold can be procured with difficulty, and not without more or less embarrassing effect upon tbe trade and oommerco of our own and other countries. The present abundance and cheapness of both currency and capital, presents a favorite oppor tunity for the withdrawal and redemption of a oonsiperable part of tbe outstanding legaltender notes, thereby making easy and effectual the redemption now pledged. Such withdrawals of legal tender notes, thus dispensing with the necessity for accumulating gold in the treasury in proportion to the amount Withdrawn, would tend ro appreciate those remaining outstanding and make it easie to protect and keep in circulation the silver coin now authorized to be issued.

The act last referred to is an express recognition of the duty and obligation of the Government to resume specie payment at tbe day therein named and, however widely different may be tbe views of intelligent persons upon the means adopted by Congress, it is gratifying to know that tbe end sought to be reached has met the concurrence of the country, and that a majority of the people, wherever the matter has been publicly and fully discussed, have signified their approval or the determination ot Congress to be faithfnl to its pledges, and to relieve them of the ills ol an irredeemable paper currency.

The aot in question not only makes express provision for resumption at a fixed date but commits the Government to the use of all snch means as may be needful to that end. If experience shall show that the means .pror vided by Congress need to be supplemented by further legislation for the easeirand more certain accomplishment of the end, it must be assuaed that Congress will not suffer the

great

-.F:- 7^ '..*•%

', ., 1 .i .' "Vt -," .V ^1

VOL. 6.—NO. 152. TERRE HAUTE. IND.: WEDNESDAY EVENING. DECEMBER 8.<p></p>SITMTION.

purpose to be impeded for

want of such additional legislation. Tae act confers largo powers en the Secretary of the Treasury, touching theiBsne of United. States bonds for the purpose of securing thesupply of

THE

in several cities for this purpose

one large invoice of Clothing for

gold necessary to execute such of Its provisions as go into immediate operation, and to provide for the redemption in gold of United States notes

outstanding on and alter tbe first day

of January, 1879. In this respect tbe power conferred on the Secaetary is ample, but if, in any case, it shall be found impracticable to accumulate in the Treasury a sufficient amount of goid to carry out the provisions of the act, tbe Secretary is left without tbe choice or the means to accomplish the end. It may perhaps, be doubted whether tbe process of accumulating a large amount of gold by a given time could go oh without meeting opposition from the financial powers of tbe world. It is safe to say that so large an amount of gold as would be required to cirry out the purpose and direction of tbe act can not be suddenly acquired. It can bo done only by gradual process, and by taking advantage of favorable conditions of tbe money market from time to time.

Tbe loss of interest on large sums hoarded in the treasury for a considerable period in advance of January, 1870, is a consideration not to be disregarded, although it should not be permitted to outweigh the benefits to result hom full and complete execution of the act.

The Secretary regrets that the condition of the treasury has been such as to render it necessary to make sales of gold coin from time to time to meot current expenditutes payable in curreucy. Such sales have been made iu New York City, upon public notice, in accordance with the plan previously adopted, and have been limited from month to month to the amount neces* sary to keep on hand a sufficiency of currency to meet the probable demands upon the treasury under exist-, ing appropriations. It is the desire of the Secretary to retain in the treasury, so far as practicable, the gold received from customs, aud sales are discontinued whenever the balance of currency in the treasury is sufficient to meet currency payments*

LOSS OF THE DUTCIIELAND.

Partiil List of the Lost and Saved. London, Dec. 8.—Tbe following is a complete list of the firs^ and second cabin passengers: Deutscbland, first cabin, saved Wiibelm Leick, Cleveland Carl Melier, Jr., Bremen, missing Juluis Grossman, Hamburg, second cabin, saved Anna Petzhold, Theodore Tredmau, George F. Saur Hermann Nathan, Edward Stamm, Eiiza Stamm, all of New York Franz Hamm and family, Texas Adolf Hermann, Cincinnati Hanrich Schen, America Alfred Wuthy, Jeua Austria missing O. Lundgren, Sweden Bertha Fundling, New York Theodore Fundling, New York Ludwig Hermann, Wurteu' burg Emit Hacb, Baden Baden Procorpi Paholkoff, Russia Maria Foster, Fritslar Hesse Cassel, Barbara Hultenschmidt, Henricka Fassbender, Narbeta Reinkobe, Aurea Badzunia, Brigita Dam hoist. The last five were Franciseau nuns from 8alzekattan, Prussia. The West Philadelphia list does not include the passengers booked to Southamptlon, and whose names are unascertained.

New York, Dec. 8.—The agents in this city furnish the following list of sterage passengers saved from'the DeutBchland, Gustave Nickel, V. Hanser, John Hammerschmit, H. Michel Hackenbach, John Tomaska, C. Otter, Burkhard Sbaffner, Edward Jacabi, Carl Pluch, Ben hard Kirna, and George Trellert, all of the Uni-

l"-"i^i

will arrive in Terre Hante, and will be

VC V-

1875.

There is a Clothing House not 1,000 iniles from Terre Hauta where they sell nearly

HALF A MILLION A YEAR AT RETAIL 1

lhei»* slock is unusually largo this 11, and owing to the continued warm weather, extra exertion must foe made to reduce it They are opening

BRANCH STORES

ABOUT WEDNESDAY, THE 8th INST.,

Men, Youths, Boys and Children

OPENED POR DISPLAY

in the fine stand next to Hob erg, Root & Co., Opera House building. These are all line goods we shall have no shoddy to show.

We shall sell every dollar's worth of goods we land in this towa at extravagantly low prices. We want it distinctly understood that we are not coming here to make momy, but in disposing of

$40,000 or $50,000 worth of Goods

below actual cost, for casli. Wo shall lose less than In earning it

a a a W a

We Invite everybody to come and look over oar stock. A corps of gentlemanly salesmen will be In attendance who will show goods whether parties wish to purchase or not.

Don't forget the place—OPERA HOUSE. Make it a point to come see us.

ted 'States. "R. Schuster, Georee Hoernel, Catherine Scheofer, and children, Hermann Drewes, August Adalph, Saul Dorothea, Saul WilheJm, Joseph- Aardeck, Jacobin Scbwarz and child, Wlfhelm Knoll eisen, Herman Merse, Fritz Muller, Johann Stern, Carl Elling, Maria Steurnagle, Heinrich Egner, Johann Jausseu, Narganetta Meissner, Maria Meissner, Jacob Schmitz, Flora Bacurle, N. H, Harnderinck, Nickolog Gross, Franjaiska Scbunrr, Frede rick Hartel aud wife, August Beck and family, Franz Tremger, all of Germany. John Gissick and wife, Joseph Bopp, Johaun Kuster and wife, Osip Kadissbiff, all of Rrussia. Herman Mechrer, Jacob Weiss, Fraoz Hally, Franz Cbavat, Joseph Churan, Georgine Frank, Mears Safarik, Franziske Safarink, Johann Stelfkaand family, Frederick Essner, Anna Habner, all of Austria. A cable dispatch to the western Associated Press gives the above list simply as names of steerage passengers, without noting that they are saved or missing, iu the agents list of saved is the name of Alolf Foerster. The Western Associated Press previously announced that Foerster's body was washed ashote near Margate,

The sterage passengers saved are: Anna M. G, Molk and infant, Theo. Mast, Catherine Muller V. Safarick, and family, Adolph Foerster, Antor Ticky, Hanrich Nickle and wife, Babetta Bender and child, Cothrina Bell, Mary Beusenger and Frederick Hoercher.

Markets 'JVdaj.

Chicago—Wheat, 1.00} for Jan, l,01f for Feb. Corn, 48|c for Dec. 45c for Jan. 47Jc for May. Pork, firmer. 19.85 for Jan. 19.50 for Feb. Lard, 12£c for Dec. 12.47, barrel lots, for Feb.

New York: Wheat, dull without change 1.25, for No. 2, Chicago, Corn, better, 74c for steam Pork, 21.90 Lard firm, 13c for steam Whisky, 1.17.

Cincinnati—Wheat, firm, thade better, 1.25 to 1.32. Corn, steady, 49c for new. Pork, dull. Lard, 12Jc bid. Hogs, active, 7,00 to 7.40 8,000 ousale. Whisky, firm, 109.

PAR*of the exercises at the public school centennial exhibition next Saturday night, will be a school conducted alter the ancisnt pattern, it will be in charge of Mr. Henry Greenawalt. Following it will be a modern school conducted by either Miss Paddock or Miss Barbour, of the training department.

ARRANGEMENTS

the Knights of Pythias, to sell reserved seats not only in the dress circle and paraquet, but to all parts of tbe house. This will be a great convenience to persons, who can thereby save all rush at the box office.

GETyour tickets for all parts of the

house to the Damon and Pythias entertainment to-morrow night at Button fe Hamilton's. This facility is afforded to avoid a rush at the box flee.

day.

-4,"

of-

THE Big Clothiers, whose advertisement on our first page is attracting so much attention, will be here to

•i'

PRICE 5 CFNTS

OYer.

Goods all fresh

NOTICE elsewhere, the new advertisement of Messrs. Felsenheid A Jauriette. It was crowded out of onr issue yesterday by the Presidents messagel On mature reflectiion we are in doubt whether the general public is not mors interested in the advertisement than the message. Certain it is that it will be eagerly read and as eagerly profited by. There is a rare lack of bsncomb in this firm's advertisement.

Quarterly meetings at St. Agnes Hall next Saturday and Sunday. Rev. J. W. Greene and J. C. Reed will officiate.

WANTED.

WANTED—Agents.

Call at the St. Clair

House and inquire at tbe office

City Clerk's Office,

Tkbbk Hautk, Indiana. JJecembei 5,1875.

To all whom it may concern

NOTICE

is hereby given that at a regular

meeting of the Common Counoll of the city of Terre Haute, lnd., held at the Council Chamber, on he evening of the 7th dar or December, 1875, the annexed resolution was adopted:

Hctolved—That the property holders on stieets tbe sidewalks of which have beeu curbed, are heieby reqaired to fill raid 8|dewaiks to a level with said curbing within 30 days trora this date.

By order of the Common Council, Dee. 7, 1875. JOHN B. TOIiBERT, City Clerk.

SMITH & ECKLES, BUTC HE HS,

and dealers In all kind* of meats, No cheap beef bought and no botches made In cuttineit np. Best of bands employed. Low prices gueranteed.

Second street, west side, south of Main.

NAILED

to the wall as a falsehood, a try and everybody who says that

BURNETT & WATSON

are not shoeing horses in the best manner. The fact of the matter is that Meters B. A W. are experienced men in their business. L«me horses suddenly become well under their treatment, and nobody can say that a horse was everinjured by shoeing in their shop. They uso none but the

BERT STOCK,

ana employ none but the

BEST WORKMEN. CHEBBY St.,

North

have been made by

Tliird

aide,

bet.

and

Foarfn.

SENATE SALOON

James Tally, Proprietor.

Fourth Street, between Ohio and Walnut.

The finest brands of Cigars and ToJ8®®?' and the ve-y best Winea, Liquors and Beer on hand at all

FREE LUNCH from 9 to 12 A. M.every day.

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