davidaulloa/AmericanStories huggingface dataset:
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
Exchauue NpoOtiated- ITS Effect

The advices by telegraph to the effect that the
suspension at New York has given relief to the exchange
market there and that exchange has gone up high
as 11l4 The removal of specie liability from the
banks has enabled them to into competition with
the importers for sterling exchange-hence rise in
price beyond the actual par of l09 There is invest
ment for suspended banks safe produce bills and if
those of New York direct their to their ne
collation. the crops there be moved 1t follows of
course that Southern sterling bills also be
gOtiated and that will move the crop at the South
The whole pivot of argument has been that no relief
could to the South, until sterling produce bills
could be negotiated at New York, or English funds
could come to take them and this whether Southern
banks suspended or not Suspension here could be of
avail to u.s. We are inclined to the opinion that the
negotiation and high price of exchange at New York
will enable our specie-paying banks to stand This
would be if they have not too much locked up
the suspended banks of New York and if no run for
specie is made here until they realized the proceeds of
their sterling bills upon sale in New York If it turns
out that three standing banks continue stand
their sterling will command higher rate than those of
the Others. They thus raise here the price of
exchange and give the most effective relief in the form
of good sterling and currency at par.
If the eleven and half millions Of specie the vaults
of the New York banks let out sterling bills OF
if they buy those forwarded by Southern banks thus
giving the latter fund there which to draw the i'm
mediate effect would be to furnish with full supply
of specie or to enable to supply to merchants
drafts equivalent with them to specie in the payment
debts-Charlesto1 Evenlng Neus.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
A F1GHTING TURK" Pierce Pungent," in the New
York News, tells the following good story:


During the operation of the allies in the Crmea, it
was resolved to carry the water in from beautiful spring
of the finest Croton to the camp Leather pipes hose
were employed While the water was being supplied,
the mnaret sounded to prayer and of the Turkish
soldiers Immediately went flop on his knees to praise AL
lah Unfortunately he went down right upon the hose
and his weight consequently stopped the current of that
first of clements as Pndar calls water in his first
Olympad.
Get up" cried an English soldier Voulay vous,
avez la bonte mon cher Monsieur lie Iurque," cried
Frenchman, with native politeness, " to git up"
"That amt the way to make Turk move" cried
another this is the dodge" So saying, he knocked
his turban Off STILL the piOus Mussuman went on with
his devotions
"Ill make him stir his trumps,'' said another English
man, giving him a remarkable smart kick. To the Won
der of ALL still the unturbaned, well kicked follower OF
the prophet went praying as though he was forty
horse parson.
nate folk aulk Reeke," quietly observed Scotchman
he was however prevented for the Turk having finished
his Allah us en- dAdh, rose and began to take off his
coat then to roll up his sleeves, and then to bedew bis
paIams with saliva and then to put himself in the most
approved boxing attitude, la Yankee Sullivan.
He then advanced in true Tom Hyer style to the
Engishman who had kicked him on the lumber region
ring ring " shouted the soldiers and Sailors per
ecy astonshed to see Turk such an adept in the stlc
| art.
The Englishnan, nothing 10th to have bit of fun
with Turk of such truly John Bull state OF mind set
to work, but found he had met his masterin five min
utes he had received his q~antum Sut AS the Turk
cooy replaced his coat and urban he turned round ana
said to the admring bystanders, in the pure brogue
Bad luck to ye ye spapeens when yere atther KICK
ing Turk I'd advise ye the next time to jlst be sure
he's not an Irishman.'
The mystery was solved-our Turk was a Tipperary
man!
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
MUST CONE DowN.-A New York exchange say

MUST ZONE DOWN-A New I OK exchange says
Yes, fellow-ctizens rents must down The high
rates of the flush times of 1856 cannot long coexst with
the leveng tendencies of the revulsion of 1851 Rents
Elust come down-rea estate must come down-fast
horses must come down--fast young men must come
down from their fast horses and stretch their legs by
little wholesome walking. Provisions must come down
hotel charges must come down-the pews and other
charges of our fashionable churches must come down.
bread must come down. and the late enormous spread OF
crinoines must come down, Notwithstanding the awful
letting down in dry goods. Every luxury and almost
every necessity must down to the new specie stand
ard, excepting, perhaps ager bier which will probably
remain at four, five and six cents mug.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

WASHINGTON, Oct 19.-Information has been receiv-
ed here from the South that Gen. Walkers flibuster
expeditions to leave New Orleans and the other
Galvestonhave been delayed in consequence of the f.
nancial pressure until the LIST of November They do
not expect to meet with serious, any opposition from
the federal officers They propose to land at some point
of the coast of Costa Rica on the Atlantic and then
march on San JUAN the capital of that republic which
they will reach in two days. when their calculation is
the capture of the entire country will be in reach The
aggregate of these libuster forces from 800 to
1000 men.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

HEAVY FAnUREs.-The Montreal Commercial Ad-
vertiser of Monday reports the failure of Bursta Co.,
that the Grand Trunk Railway had 100000 of sterling
exchange returned under protest sold to the Bank Of
Upper Canada. Several large manufacturing houses in
Montreal have suspended operations, and nearly two
thousand operatives are thrown out of EMPLOYMENT
Business is extremely dull, and the financial pressure
daily becoming worse.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23


MEssRs EDITORS JOURNAL For your and the nfor-
nation of Others when Letter Stamps become fastened to-
geher you describe your II cents Stamps received from
Mississippi simply dip them hot water moment,
with all conceivable you with little de-
tach the parts then place them to the fire and all right
again. Yours, &C., POST MASTER.
We truly glad to be enlightened the subject
But we do not want $l2 worth of Postage Stamps at
time-ED1ToRs JOURNAL.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
Governor Andrew johnson.

A despatch appeared in our teegraphic column this
morning (says the Washington Union) briefly an
nouncng the election of Governor Andrew Johnson of
Tennessee the Senate of the United State the
cessor of Gov Jones' but brief the despatch was
contained intelligence which will be hailed with the
veest qualification by Democrats in every section Of
the Union The event not unexpected for as soon
it was known that the Democracy of Tennessee had
obtained the ascendency in their State Legislature the
attention not merely of the people of Tennessee, but
the whole country directed to Gov johnson the
prominently worthy to represent the sovereignty Of
his State and the principles of his party in the most
allied deliberative body in the world
The Legislature of Tennessee have honored themselves
in the choice of such as Andrew johnson. His
lofty patriotism, his unbendng and proverbia integrity
his unfinchng devotion to the principles of the Demo
cratic party his persistent and ardent advocacy of every
measure calculated to improve the social and political
condition of the industrial classes will mpart ustre tc
the seat which he will most assuredy occupy with honor
to himself advantage to his State and with great good
to the whole country
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

BG Outside of the necessary reserve for Mint pur-
pose there is not more than six millions of specie in the
Treasury of the United States. The camorers for dis
trbuton or deposit will find the wind taken out of their
sails-the ammunition drawn from their guns and the
capital from their political strong-boxes.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
Arrival of the Black Warrior.

New York, Oct. 19.-The steamer Black Warrior
has arrived from Havana, with dates to the l4th.-
Sugars were quoted in active demand for Europe. Ex
change London 9alO per cent. premium, and plenty
Rates declining
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
The Minnesota Election.

CHICAGO, Oct. l9-The following ticket is reported
as elected in Minnesota Governor, Alexander Ramsey;
Lieutenant Governor John c. indie: Secretary of State
L. K. Stannard Auditor, A. P. Lane; Treasurer, F
Mantor-all republicans.
The republicans also claim the election of Wilkinson
Swift and Adrch to Congress.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
Marine Disaster

PORTLAND, Oct. 19th.-The Brig Ganges, from Wi
mngton for Buenos Ayres arrived here to-day in di
tress. She belongs to Richmond
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

BSs~ The amount of money now in the Treasury of
the United States is rather under twelve millions of
dollars The revenue for the current fiscal year. must
bevery small comparatively speaking The report Of
the new Secretary of the Treasury will be looked for
with mich interest
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
For the Journal

MEssRs. EDITORS You will confer favor by giving
the following place in your paper
At meeting of majority Of the Landhoders of Goshen
Swamp from Wards Bridge to North East River, held at
Branchs Store the 10th inst,
On motion of James G. Branch, Mr. James Pearsal was
called to the Chair to organize said meeting.
On motion of Maj. jeremiah Pearsa, James G. Branch
was requested to act as Secretary.
Whereupon, the Meeting organized itself into Company
to be styled the Goshen Internal Improvement Company
and further learning that there company of tchers
contract for the work at Is cents per yard
the said Company binds itself pay the said for the
work to be done the said lands for canal feet
wide at top and feet at bottom, each side of said
Swamp and the main to be opened "a feet wide at top
and Is feet at bottom feet deep. Whereupon motion
from Maj Jere Pearsa to appoint Committee of four to
draft resolutions for the organization of said
Company Daniel Herring, Edward Pearsall John O. Nc
Gowan and John W. Kornegay appointed said Com
mittee who reported permanent officers Maj Jeremiah
Pearsall President and James g. Branch Secretary
On motion the meeting adjourned.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

RALEIGH, Monday, A. NJ, 10Th Oct, 1857

RALEIGH Monday, A. NJ, 10th Oct, 1857.
GENTS Just returned from the Fair Grounds Various
specimens the products of the Old North State av
ing and being entered to-day. In departments,
dry time antcpated in Others pretty decent showing
There several fine Stations Flys and Geldngs occu
plying the stables and their grooms appear to be busy
rubbing the speed and rubbing docn their coats The
boys appear to be posted THE jockey sticks out
They quiz and pump, and like politicians, quit none thu
wiser for the argument.
1t is not certain ohat will bring premium. Would
not be sure thing enter Bank bill not suspended
That would certainly go IN and win.
The track is heavy, and my opinion not fit for speed
ing at all. Yours &C.,
COUNTRY
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

1t would appear from the foreign news by the North
America that the Gulf of Finland has been the scene
of disaster even more terrible than that of the Central
America the Russian man-ofwar Lqforte having gone
down between Reve and Cronstadt with fourteen hun
dred persons on board, of whom only six were saved
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
Failures at Boston.

Boston, Oct 19th.-The following failures are an.
nounced: W. Greenough & Co., hardware, j. NJ Hol-
den, hardware; George Forsaith chairs Keith Thorn
B. Brooks, furniture
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
The Par of Exchange.

The principle on which American merchants and
bankers calculate exchange England is thus clearly
set forth by correspondent of the New York Mirror
The par of exchange is determined by the relative
proportion of pure metal in the coined piece which forms
the unit of price in the different commercial countries Of
the world The alloy is reckoned of no value.
ITO simplify the matter as much as possible, we will
waive all consideration of the different standards of fine
ness, and state that our American dollar contains 1922
100 grains of pure gold, and the British sovereign 113
grains of the same. Every reader may not know that
the sovereign is the coined piece of which the pound
sterling is the money of account simple calculation
in the rules of three therefore, determines that the equiv
alent of the pound sterling 81 sc 65l00 of our
rency.
"Thus as 23.22lOO is to one SO is 1l3 to 81 sc So
100 But the English through all the variations Of the
mint laws, here and esewhere-indeed for ages-have
been accustomed to value their pound sterling by the
Spanish Carolus pillar dollars now entirely out of cir
culaon in Europe and America having all been sent tc
China and gone into the melting pot OF these 81
41OO equivalent to the pound sterling. 1t will bt
seen that it requires the addition of 81 per cent will
scarcely appreciate fraction to make the present val
ue of the pound sterling in our currency.
| Thus: $4 A 441O(
Add 81 per cent. pemium of exchange AZ 22.l0(
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

"John," said father to his son one day when he
caught him shaving the down of his upper p "dont
throw your shaving water out where there are any bare
footed boys; for they might get their feet prcked.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

ba~We are indebted to the publisher for copy Of
Godeys Lady's Book for November 1t is really su-
perior number so far as the embellishments
ed and we think the literary portion is also above par.
S. year. % cents number-for sale by Mr.. Pierce
at the Book store
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
The Funds In the Treasury.

WASHINGTON, Oct. II, 1857.-The amount of none,
subject to draft in the United States Treasury and it
branches is $12,90O,OOO. The receipts of the weel
have been less than 100000.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

B6rThe Hotels North coming down in their
charges The Girard in Philadelphia has reduced from
So SO to 81 day. Sugars are coming down-bread-
stus are coming down. and heap of things coming
down. but the hardest thing to put down is the dust
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

B6s~ Close vote in Ohio between the Democrats and
Black Republicans, Both parties claim the victory
We rather think that Chase Black Republican, has
been elected Governor by very small majority The
Democrats have made enormous gains and the result of
the next trial must be the total defeat of their opponents
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

b9rsomebody in the Boston Post says that times
are improving and getting on their legs again.
having given up carriages and taken to walking.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

B9~We would respectfully beg leave to inform our
readers that the weather this morning is quite cool in
the neighborhoOd of Front and Princess streets.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

PHILADELPHIA Oct. 1.-two prominent dry good
iobbers suspended to-day. One, Raignel Co., is thu
heaviest in the city. The assets are large.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

BGr We are indebted to W. L. Pitts Co., Auc-
tioneers, for lot of very fine pineapples-a specimen
presume of more of the same sort of which he has
few more left which fact the public can verify by giving
him call.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

WILMINGTON AHEAD.-As will be seen by our tele.
graphic dispatch from Raleigh Wilmington horse has
taken the prize in the trottng at the State
Joe Smith belongs to Mr. o. S. Baldwin we believe
who does not like to be behind at anything he tries
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
KanS0s Election.

ST. LOUIS, Oct 2O-Oficial returns from thirteen
counties of Kansas give the republicans majority l.
| $40.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

Of 90 OO.AUU
1t may be well to explain that, when nothing is said
to the contrary the quotations of sterling exchange are
by custom for bills at 60 days sight which at the legal
rate of interest here involves loss of per cent, be-
sides the time of transmission But the other
hand, at the most favorable rate of shipping specie
one per cent. is the cost, including Insurance. of
laying it down in Liverpool the time lost in trans
mission being the same in either Thus, OF
these items balance the other the true par of exchange
is 81 per cent on England at which rate generally it
is as well to remit good 60day bills as specie
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
New Constitution for Kansas,

WASHINGTON, Oct 2O.-Information has been re-
ceived from official source to the effect that the Con-
stitutiona Convention of Kansas will submit the Con-
stituton to the people for ratification rejection
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

B9~We regret to learn that Henry S. Foote, former
ly Senator from Mississippi recently prominent Know
Nothing candidate in California has again Joined the
Democratic party. We would fan hope that the
is without foundation but we fear that our hopes are
groundless 1t is said that he spoke at late Dem
ocratc meeting in New York We must bear our af-
aictions with becoming fortitude.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

Ba 1t is said that General Walker has succeeded in
recruiting three thousand men and raising two hundred
thousand dollars for his proposed Nicaragua expedition
The rendezvous of the force is be somewhere in Texas
The present financial condition of the country by which
thousands of men cast adrft without employment OF
the Of support may be regarded favourable fol
the enrolment of men, but where is the money to come
from? We hardly credit the two hundred thousand dol
lars, and yet that would be totally inadequate for the
arming and supplying Of three thousand men for peri
lous expedition into hostile country 1t would be only
about sixtysix dollars man-not enough for passage
money
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

While is the duty of the press to expose and denounce
official mafeasance is equally its pleasing privilege to
commend those who have performed their duty to the Gov
eminent and the people with fidelity and honor We would
be doing less than duty we fail to testimony to
the eminent worhness and ability displayed by the present
Navy Agent R. P Ashe Esq, since his appointment by
Mr. Pierce to the present time In his hands, the interests
of the Government have been cared for with jealous scru
puosy and even his btteres must concede him to
be very exemplar of uprghness and honor Through all
the trying scenes of the rebellion he Jealous and
ndefagabe in his support of the Constitution and the law
and was time absolutely prisoner in the strong
hold of the mob The fahfuness and energy that have al
duty his patriotism and unblemshed character cannot fail
to be appreciated by the present Administration.
San Francisco Herald
We take pleasure in copying the above meried trib-
ute to former citizen of own town and State whose
credit he has noby maintained the distant shores
of the Pacific That the Democrats of San Francisco
really desire his continuance in the position he
cupes, we can have no doubt-f for no other reason
than recognition of his gallant stand during the rebel
ous outbreaks of the Vigilance Committee" when a
Judge of the Supreme Court held in durance vile
by lawless combination.
The many friends of DR.. Ashe in his native State
would, we know feel equally pleased with those whom
he has secured in that of his adoption.
BaIt is stated in of the papers, that P. T. Bar
mum has arranged all his difficulties compromised his
debtsgot back his property, and is more wealthy
man. Now Barnum, when in the full tide of sue
cessful experiment. was pulled up a great fellow
made temperance speeches. and preached occasional
mons to the great edifcation of modern refonners and
50 potential his NAME that its prestige invoked
by grave nanciers for the purpose of revvng the fallen
fortunes of the Crystal Palace speculation in New York
The turn came, and Barnum's wealth took to it
self wings. Then the adulators of but a day be
| fore talked of him as a shallow humbug-a con
temptble Snowman, and SO FORTH Surprising thai
the report to which have referred should prove true
and Barnum again rise to the top of the wheel, doe
anybody question the respect that will be paid to Mr.
Bamum-P. T. Barnum, ESq.-the Hon. P. L. Bar
mum, perhaps If Barnum is not greater fool than VI
take him for he will find something in all this more de
ceptve unreal and disgusting than the wooy horse
the Fejee Mermaid.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

ACKNOWLEDGEMENT return our acknowledge
ments for invitations to attend the State Fair at Raj
eigh this week and also the Fair of the Cumberland
County Agricultural Society," to be held at Fayetteville
on the 4th, 9th and 9th days of November. The adj
dress on the latter occasion is to be delivered by D. K
McRae Esq. If our engagements would permit we
would like to attend all the Agricultural Fairs in the
State If gone into with the proper spirit they promise
much good and cannot but regret that our own county
of New Hanover is rather behind in this respect.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

Bar New Hanover County pays one twentieth the
revenue of the State of North Caronatha is to say
she pays four times the average for each Of the eighty
odd counties in the State.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

POSTAGE STAMPs.-A subscriber residing in Missis-
spp who has taken paper for four years. has sent
US So in II cent postage stamps We mention the
matter for the purpose of cautionng the public against
the of folding the stamps. Those received
so much damaged by the adhesion Of the soft paper they
were enveloped in, that they are almost total loss We
have no objection to taking postage stamps in change
when it not convenient to remit the silver change but
we do not need II cent stamps and cannot afford to
take them We have no objection to one and three cent
stamps whent sent as small change.
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23
BY TELEGRAPH

BY TELEGRAPH.
Especial Dispatch for the Journal
RALEIGH, Oct. 21st, 1857.
Messrs Fulton + Price :-Trotting match Tor horses
under sadde-three roundsbest two In three for silver
cup-came off on the Fair Grounds to-day 10. Smith,
Wilmington horse, winning handsomely.
COUNTRY
Wilmington journal. [volume] (Wilmington, N.C.) 1844-1895, 1857-10-23

~ Harper for November is on our table. 1t ap
pears to be than average number and is abun
dainty worth the money. Price % cents number
For sale at Pierce's Book store.
We have also specimen number of new subscrip
ton work-The Encyclopedia of Wit and Humor, edit
ed by VIM. E. Burton Esq, the renowned Commedan
Mr.. Burton is a scholar and humorist as well as al
actor and his name guarantee for the character of thu
work. 1t is got out in beautiful style, with elegan
Illustrations Specimens can be seen at the Book store