davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-24

z. Though " cannot control t1o banks, WIN, to
. certain extent, check them in their sxpana,as.
end thus weaken the forcs Of their subsequent Goa.
fractions.
8. II win prevsct those losses which yers 10 ftc
qusnt in former years. and which are the necessary
consequences Of suffering public officers insrustsd
tees.
4. It will give The government ct all times the Geo.
troll Of its own funds 80 that Il oaa apply tosn 70
me public service just whsn and where Il Chooses
control could not have If Il should deposit ~
public money in the banks, and the banks shsulA
lend Il 20 their customers.
s, II Will prevent those deraagemsnts Of bsukiaS,
exchange and commercial Operations, which are
IN bssk sd "a b. paying IN PUBIC "a
through the medium Of bark AGENCY. ~.
6. Though II cannot prevent ffequeat explestsaa
Of banks resting on insufficient capital, and osa-
duetei on wrong principles, i VIII. i Is beloved
prevent general suspension Of specie payments
Z. II . general suspension should unf0ftunasdlv
occur IL will Afford o standard By which the depre-
ciAticn Of the currency can be exactly sscersainsl
and greatly facilitate return 70 better state u
"fte less sov,rnmeu. has {, do with banks. Asa
the less banks have TO do vita government, tbs
better for both."n Is be not aaase 1t ough. 10 be
one. Every inquiry have made" saIi DIR. Wa
Sam Jones, tho nrss President. OF the Unitsd States
Bank, has entirely convinced ma that evsrv for-
midable difficulty with which the bsnk Chat IL, che
Uait<d States Bark hss had to contend, hiss bsea
particularly the TOO rapid re6uctioa Of more tbsn
eighteen millions OF the public debt between the
months Of June. 1917, and Novsmber. 1918. Tt
was the connection Of bAsk sud State that
ss0see zoe Bs s1s, Of E,s'ssd = suspend specie
Of susEe0sicn far more shap twsnty yesSs- Il
the connection ofbsnk and State that caused osr
own banks 10 suspend see payments Ia 1914, and
sgAa Ia LIST, both HhioS s1srsdsaScs wsrs fonsxsA
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-24

II is true that disbuising officers resiling ia some
distant parts Of the country cannot have the benefit
Of tbsee depcsitories and that the duties Of others
are Of such character that they have to carry tie
public money with them in their travels. TIE duty
Of seeing tina. these disbursing officers obey the law
will de7olye on the heads Of the departments to
which they are respectively attached. Such Of
them rs keep their fuads in the treasury deposi.
tories will require no such close supervision.
The deposfsries that receive the money Of dsburs-
ing officers, and pay out the same, find that they
can perform this duty with much moro ease than,
without experience, would have been supposed to be
possible.
" sth. Whether the different requirements Of the
Of the law. are strictly adhered to, including that
provision which requires public officers to credit
drafts.'
In none Of the repositories that visited had any
drafts been sold for . prem ium.
In the large repositories found the different pro-
visions Of the law and the treasury orders issued Ia
pursuance thereto, strictly attended to. In some Of
the smaller ones they have not been 80 carefully OBJ
served, but will II Is to be hoped, be more exactly
Of which Is to promote method in business aud In.
sure en- orderly keeping Of the public money, not
of 20 much importance In the small repositories as
in the large; but they all form part OF one system
ard we cannot have different sets Of rules for thsir
government.
Great advantages have been found to result from
that treasury order which requires the specie to be
KEEP. in an orderly manner. Where II is duly OBJ.
scfyed, the amount Of money In depository,
though IL be eight or Ten m,Illene, can be deter.
mined, within . small sum-. Ia few minutes;
thought, Of course. takes tine 70 verify the 90
count, BY counting or weighing the contents Of
each bag. box and parcel
So careful are Sac oaacer OF the large deposito-
rissto guard against mistakss, that bags or gold
having % chem the treasury seal ere rsceiyed isse
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-24

no, beer done that might be done.
There is one way Of making transfers Of the pub.
lie funds which appears to be highly Objectionable.
II is that OF assigning transfer datts to bankers,
hrckers and others, and allowing them the use OF
the money for such time a. It may be supposed will
compensate them for the expense Of transporting
sIe ie firm one depository to another.
An experiment Of this kind Was made during the
quencts az to give little encouragement to repeat
il. In October 1850, however, this mode OF making
transfers on time was reduced to something like q
systsm. In the twenty eight months that cnsued,
aggregate 10 between fifteen aud sixteen millions
Of dollars, and tho money was ouS OF the treasury
repositories FOR an average OF ab0ut sixty days. In
some CASES, security In the form Of deposites Of
stocks was taken from the broker or banker employ
ed to make the transfer but in other cases no seou
rity wss required.
At the comme ncement ofthe system, some seven
ty or eighty days were allowed Tor carrying money
from New York to New Orleans; bat the time was
gradually prolonged, 20 that from one hundred to
one hundred and thirty Ave days wers consumed Ia
transporting the public money from the depository
at New York TO the depository at Washington city.
In one Instance q Mr. VIM Minor, the president
of an incorporate company In ohio was six hun
positofy at Boston to the depository at New Or
fears. This same gentleman, on the "a November.
1850, received 300 900 from the depository at New
York, with the osteusible purpose OF transferring
10 the depository az New Orleans but the money
hss never yet reached the depository at New Or.
leans. aud Il is TO DO feared never viii.
Under this 81 stem, government funds were trans
tered without direct cost to governments; but the
ordinary expense Of trsnaDorting gold and eilyer
by railroad and steamboat Is 90 small, especially
al that can be savsd tn this way unworthy OF con
sideraticr.
The Law requires that whsa srassfsrs Of the pubic
money ere orisssd, tacy shall " Be prvmpay saA
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-24

appHec, DeiDg tDat OF supporting pape. cre0lb. But
the money In the treasury Offices il no more dead
aud unpioductive than are the goods in the ware
houses Of the merchants the grain in the graua-
ries Of the farmers In country such as ours there
ought to be somewhere reserved fund of gold and
for such reservoir than the United States
So much Of this morey IS is appropriated to mint
uses is in reality, 30 much devoted directly to COM
mercssl and not to governmental purposes. Through
ts mcsns some fifty millions of gold and silver coin
are annually thrown among the people, with o
promptntss which, under any other arrangement,
would be impossible.
Deduct from the money in the treasury the
amount appropriated TO mint uses, aud ii will b
found That no exoTbitAnt sum remains for govern
ment whose jurisdiction extends over three million
square miles of territory, and embraces within its
bounds twenty five millions Of people
banks the operations Of those ins tuti0ns would for
q time be greatly extended But 10 what extent
would the advcoates Of such policy desire to see
our paper credits increased According TO their
then notes in circulation to The amount Of two hum
dred and four million, while their bank book credits
loosely called doposits) amounted to one hun dred
and eighty eight million, and the sum due to other
banks TO more than fifty million. AL these are
parts Of their current credits; for the bank check
serves the purposcs In wholesale trade that the
bank Eote serves In retail trade and the bank draft
serves the same purpose In adjusting accounts be
tween traders in distant towns, that the bank check
does smopg traders residing IN one and the same
town. The total Of the current credits OF the banks
was four hurfred and forty million-all resting on
specie in their vaults Of the amount of about SIXTY
millions. II thirty million Of hard money had been
tlarsseTrsd to them from the treasury, and the
bsnks bad increased their issues and discounts In
proportion, we should instead Of four hundred and
forty millions Of " promises TO pay" have had six
hundred ard sixty million Under such On imitation,
prices would have been raised high at home - to
make the exports OF domestic products unproft
able, while the import Of foreign commodities
would have been greatly increased. suoh drain Of
gold and silver would then have nsuod that gen-
efal suspension Of speois payments would have been
Inc vitablo
No nav arrangement o. rsAzrNagsmens cs sas,T
sysssms can ccuasssact this tsodeacy II p inflated
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-12-24

bc0ka. &C., but all these are mere auxiliarios to
their cash books or records Of receipts and pay
meats.
Throughout the repositories ons principlei is ad-
hcred 10 In keeping the accounts though the mum
Der Of books kept necessarily varies wta the extent
and nature Of the business dope at each. In all that
Visited found the books and retusns KEEP. In such
way ss TO make their transactious easily usdsr
stood, though in some OF the smalier ones tie &C
counts srd moneys Of tbs officer, as treasury de-
pcsitary, were not kept distinct they ought 10
have been from his accounts and moneys a. calico
tor Of customs, or as q lA,d office receiver.
In the large repositories the cash is balanced
daily; in the smaller, generally about once
asa. Whether the examinations which the ~ n
section Of the Law requires regularly made, and
In such manner as to fulal the intentions Of the
law"
This section declares that, In addition TO the ex.
aminations to be made by special examiners. As pro-
yidod Tor In the eleventh section IL shall be the
duty u each naval officer and surveyor, as check
upoo the assistant tressurers or the collector Of
customs OF their respective districts; OF each regis
Ter Of alaod ONCE, as check upon the receiver OF
his land ofice and Of o director and superintend
ent Of each mint and branch mint, when separate
Offices, IS check upon the tfeasurers respectively
Of the sid ints, or the persons acting SUCH at
the close Of each quarter OF the year. aud as much
moro frequently as they shall be directed by the Sc
cretary OF the Treasury TO do -, to exansine the
books, cunts, returns ADD m ,ney hani Of thu
assistant tresgurers, collectors, receivers of land
Offices trsasurers Of the mint aud each brauch mint
and persons acting az sucb, and to make full, &C.
curate ard faithful return to the Treasury Depart
ment OF their condition"
At Washington city, d. O., Pittsburg, Pennsyi.
wanna, Cincinnati, Ohio, Nashville, Tennessee, Rich
mond, Virginia, and Buffalo, New York, there are
no officers resident charged with this duty. The
depostoties In those pisces are subject to exami-
nafi0a only by special examiners appoirted by the
Treasury Department In the other repositories
visited By me the periodic exsminstioqs required By
the twelfth section, and which by order from tho
Treasury Department are to be made once month,
\ made in suoh manner as 70 fol6l the intentions
OF the law, excepting few OF the smaller deposir
tories, la which this duty has been neglected, but
Iccted 10 longer
Eaton Democrat. [volume] (Eaton, Ohio) 1843-1856, 1854-11-02

.t7y"t Rssolged, That the doctrine that ANY
HUMAN LAW is q inality, and not subject to
modification or repeal, is not in accordance with
the creed of the founders Of our Government, and
is dangerous TO the liberties Of our people,
Pittsbvrg National Freesoil Platform, 1859.
GWe recommend the above to the prayer
fol attention Of the Free Soil AbolitionistS,
who denounce SO loudly the repeal of the Mis-
souri, Compromise. Comment upon the course
of such men is unnecessary-their inconsistent
cy is so glazing that it should, il they have any
shame, cause the crimson tide to mantle theiI
cheeks. We advise the hypocrtical, c%anting
politicians OF the Free Soil school to look up
on the picture and blush for their COURSE
The men who sustained the above resolution,
now declare that the Missouri restriction o.
1851, upon popular sovereignty was a fnality
Upon which it was sacrilegious TO lay hands
t'oh, consistency, thou art a jewell"
Eaton Democrat. [volume] (Eaton, Ohio) 1843-1856, 1854-11-02

DRAPERY.-Ladies, you who wear Gerry long
dresses, not quite amounting 10 a train, but in q
fair way TO sweep the dust or draggle in the mud,
be careful when you lift the graceful skirt, which,
however becoming in thedrawing-room Is inccn-
~venient in the street, that you are prepared with
that quilted unmentionable off neat pattern, or o
muslin of undimmed whiteness. Nothing can be
more unseemly than an imitation OF the bellies Of
Madrid, who, with the most brilliant external
adornments, pay no regard 10 oil that Is exposed
TO the public gaze. Nothing Is more execrable
than q show Of sluttishness beneath q robe OF
cashmere, silk or satin.
u Thus talks BENNETT Of the Cincinnati
"Enquirn," aud we'll bet a big pumpkin
that he's been looking where h e hadn't orter,
at some lady's--feet! We cannot conceive
Of a more heinous offence against the dear
creatures who lift their dresses up to thsiI
knees, 10 show their pretty ANGLES, than such
sacrilegious inuendoes against the stainless,
purity Of Neutrality-suspicious. GEoReE must
have been sorely tried and disappointed by
some fair damsel, and in his wrath sat down
to pen bitter things against the whole race
who are more sinned againstth than SHINING. Oh
GEORGE you naughty fellow, if you persist in
saying such 'orful things about the ladies
what will become Of you in your old daysi
Eaton Democrat. [volume] (Eaton, Ohio) 1843-1856, 1854-11-02
FOUR DAYS LATER FROM EUROPE.
ARRIVAL OF STEAMER WASHINGTON!
DEATH OF MARSH AL ST. ARNAUD.
Bombardment Of Sebastopol Com
menced!
New YoRK, Wednesday October 25.

ava" NS
The steamer Washington, from Havre and
Southampton, and with dates from Liverpool
to the 10th inst, arrived off Sandy Hook last
night. The intelligence she brings is not Of
startling importance, but interesting, never
theless,
Marshal 81. Arnaud Is dead.
The bombardment Of Sebastopol commenced
the 5tb instant.
The Pacific arrived at Liverpool Tuesday
night, the 10th instant.
COMMERCIAL INTELLIGENCE.
Cotton was unchanged. Flour unchanged.
Corn 1s. lover, and holders pressing on the
market, Money market tight.
GENERAL INTELLIGENCE.
The Washington brings $50 passengers.
AT London Corn L.. deafef.
Among the passengers By the Washington
are Baron Girolt, the Russian Minister Ia
washington; Baron de Bodisco, bearer of dis
patches from st. Petersburg 10 the Russian
Legation 1t Washington; J. H. Porter, H., OF.
tache Of the United States Legation al Berlin
3. A. Statymsr, Expectation General Of Can
ada, and family, and Capt. Nichols and lady,
4 the ship North Star, which he had sold Ia
London.
The San Jaclnto was III Southampton Dry
Dock.
The allies had changed the plan Of attach
on. Sebastopol.
A dispatch. from Bucharest, dated oetobs
Eaton Democrat. [volume] (Eaton, Ohio) 1843-1856, 1854-11-02


The following description Of this place, to-
ward which the attention of the world ia now
directed, is taken from M~cCullough's Gazetteer
and may be relied upon for its accuracy:
"Sebasiopol, or Aktiar, a Town or seaport Of
European Russia, on the west coast Of Crimea.
latitude A deg. 80 min. north, longitude 33
deg. 30 min. east. Population luctuating,
consisting principally Of the garrison, and Of
the various individuals connected with the
feet. Sebsstopol stands on Q creek, or the
south side Of one Of the finest bays in The
world, the Etens OF Strabo. II stretches east
into the country about FIVE miles, with a
bTeshth, where Creates, of about Q mile; il has
ill within q short distance Of the bottom, near
|Sokerman, from six to eight fathoms water.-
The bay 10 defended by strong forts on both
sides the entrance. Merchantmen are exclu
ded from Sebastopol, and, it has become the
principal station Of the Russian feet In the
Black Sea. Streets wide and regular, inter-
secting each other at right angles; houses ex-
[tremely good, and built in The modern Italian
styl ;e principal edi6ces, admir- ,lty, arsenal,
hospital, barpeks, dc. The cslcarsous rocks
at Jskermsn, Qown Of Caverns) in the vicin-
ity OF Sebastopol, have been cut into the mosi
extraordinary caverns, or rather into chapelS,
fnonssteries, cells, &C., (which by their null
tiplicity and intricacy, istonish and confound
the beholder."
Eaton Democrat. [volume] (Eaton, Ohio) 1843-1856, 1854-11-02
dead Heads"

The Dayton Empire says;-The dead head
system is just now the subject Of 'brown.
STUDY with railroad men, and the probability
is that The axe will be applied to the roots OF
the tree. Well, let the blow fall-if railroad
men think they are granting a charity to the
press they had better discard the sratuity I'M
mediately. The probability is that railroads
will soon stand upon their own merits, and
will lie down, when occasion requires a re-
cumbsnt position, without the aic of holsters.
This is Just as it should be-we like the thing
very much. The press built every road in the
country, and has sustained them ever since
they were in running order, and il is folly fol
the managers Of these institutions 10 talk about
looping off gratuities to the press! There 10
fun ahead! The following from the Albany
Atlas. is as sensible as it is true-read it,
editors paw, and pay gloriously for all the
favors shown them. We have Travelled thous-
ands Of miles free of cost, during the past FIVE
years, and yet we think there is a large bal
snce due us. IF editors would stop writing
about Saratoga, the railroad which runs to thai
village would lose two-thirds Of its pleasure
travel. The m4n who calls en- editor a dead
head is an ill-bred donkey. He neither knows
good sense nor gratitude. The articles which
appeared IN the New York Herald, Times and
Tribune last summer with regard to the Crys.
tai Palsce, increased the business of all the
steamboats, and railroads fifty per cent.
Some of our capitalists talk Of shutting dowr
the gate-cutting off the free list eniirely.-
We dare them to do it.. Without the aid fur.
nished by the press, there is not a road in the
country that would pay expenses for one con.
secutive month";" lie.
Eaton Democrat. [volume] (Eaton, Ohio) 1843-1856, 1854-11-02


t9rWe notice q number Of our democratic ex-
changes are in favor Of an extra session OF the
Legislature, and express hopes that Governor
MRprLL will call together the law-making power
of the state, for the purpose Of taking into con-
Alteration the difficulties which Cypress the peo-
pie at this time, and which for some time tocome'
give no evidence of Improvement, unless some
remedy is proposed and carried out by the law
making power Of the State. Many express fears
that. II the Legislature is called together, they
will accomplish no real good, but rather increase
the difficulties. We entertain no such appre-
hensions-we believe the commercial pressure
which has been crampiug the energies OF the
people and expressing trade and enterprise has
suggested its own remedy, and we doubt not had
the Legislature an opportunity the antidOte
would be speedily applied. Let US try the mat
ter,
Eaton Democrat. [volume] (Eaton, Ohio) 1843-1856, 1854-11-02

5, says Prince GorEchakoff n is N, which prodn-
ced great CONSERVATION. 92fS
The Turkish troops were at Mstschin and
Omar Pacha was to begin operations against
Russia in BesssTabis Immediately.
Adispatch fcm Marseilles announces that
orders had been given to receive the remains
ofSt. Arnsud with allthe honors paid him on
his departure for C~onstsntinople. The fare
well which he had addressed to the smy is
dated September 26, and had arrived ct Tou-
lon. II says that, overcome BY a cruel dis
ease, sgainst which he had SO long struggled,
he is obliged to resign the command.
He pays q high compliment to his successor
San Robert. sfata
The news Of the death Of 81. Arnaud reach
ed London and Paris on Sunday, the 9Th.
After The battle of Alma the Russians burnt
all the villages through which they passed in
their flight, and left 5000 wounded behind;
and a thousand Russians who were escorting
a convoy Of munitions Of war were taken pris-
oners, and Menchikoff, himself narrowly esca-
ped being captured, and his carriage and pri-
vste Correspondence were captured BY the
French. 49, r, tsYE
The official report Of the bate OF Alma was
published in London on the Sth, which gives
the loss Of the allies ss follows:
Kiied.-Twenty-six officers, ten sergeants,
two drumrners, and three bundled and SIX rank
and file.
Wounded. Seventy three officers, ninety
Eve sergeants, seventeen drummers. and one
thousand six hundred and twenty-seven rank
and file, besides eighteen missing.
Private dispatches state that great demon
a~lization prevailed at Sebastopol, the allies
having destroyed the aqueduct which supplied
The fortress with water.
Eight thousand cavalry had been landed by
thesilies in the Crimea.
The inhabitants of Odessa had given o
pledge that they would burn the city rather
than let it fall into the hands Of the allies.
The city Mamel, on the Baltic, has been
nearly destroyed by fire, involving a less Of
nearly two million pounds or ten million dol
lars. A large quantity of tsllow and hemp
was destroyed. ga-
The advices from Poland say there was a
great and general movement ulong the whole
line of the Russian frontier, and the Russian
Guard were advancing by forced marches to-
ward Warsaw, and the;Polish troops were di-
rected 10 march to the Austrian frontier.
Eaton Democrat. [volume] (Eaton, Ohio) 1843-1856, 1854-11-02
The Present Position Of the Armies ct sebas-
topol.


topol.
The London Times concludes an article on
this subject as follows:
"For the present, it is sufficient to know
that there is no obstacle between the fortress
and the armies about to assail it; for, as the
armies have crossed the ridge between Sebas.
topol and Balakiava, and driven the chief
body OF the enemy into the Interior, it may be
assumed that the high ground in the .rearofthe
place itself will not be occupied by sny large
iboty Of Russian troops. Sebastopol is in re.
atty an open town in the rear, except in 90
far as this deficiency in its d~efenses has been
supplied by external fireworks or detached
forts; but it has certainly no bastions or wall
OF circumyallation such as constitute q regu-
larly fortified place, which can oppose a GER
tain resistance to an army for a 81 en- number
OF days. The whole strength Of Sebastopol
lies in its forts, and these forts have undoubt-
eddy been calculated for defense by sea rather
than by land. Under these circumstances,
the proverbial military expression that "a place
invested is a place taken,' may probably be
applied with great justice. Sebastopol must
now be effectually invested by land and sea,
and much more effectually than il the attack
had been begun on the northern side Of the
hsrbor, leaving The south coast open for rein
forcements or for retreat. The plan Of the
campaign, as we now more clearly understand
it, indicates the hand Of a master; and sl-
though the public have been disappointed in
that sudden and unlocked for triumph they
will find that the end will be accomplished
with equal certainty by the more patient op.
perations Of regular warfare"