The Washington union. [volume] (City of Washington [D.C.]) 1857-1859, 1858-04-06
LOCAL. INTELLIGENCE.

lLNJkAlA LIN
CRY CouScus Board Of .fMtrmen The board al
journed ut o'clock without appropriatng dollar, or
trnnsactng any business of public importance.
Common C5unoa Communications received from
the mayor relating TO the Eastern Market House trims
hitting the report Of the inspector Of fire apparatus, and
the account of the corporation Of Washington with the
Bank of Washington
Bill TO grade and gravel New York avenue, between
10th and 18th streets passed.
Bill to appropriate $3.50 for raising parapets repairs Of
guard fences &c., of several bridges tho eastern
ton of the canal reported and passed. 9
Bill to appropriate $le3 Al to pay for school books and
stationery for the third district passed
Bill to appropriate $500 for repairs of 18th street
wharf passed
The chair read u communication covering resolution
from meeting Of tho citizens in reference to raising
patrol referred to the committee police
MIR. Fisher offered the following joint resolution:
Resolved That Joint committee consisting of ono
member from the Board Of Aldermen and two members
Of the Common Council be appointed to wait on the
Secretary of War, and respectfully urge upon him the
necessity of Reorganization of the militia Of the District
Of Columbia referred to the committee police
LECTURE ON OoLD AND SILVER Philharmonic Hall was
well filed last evening, by highly intelligent audience,
to hear j. " Huntingdon esq, deliver lecture ON the
credit and currency systenis (as he has sometimes
called it King Specie and Rag BarOns. lie com
cnccd with the primitive division Of labor from which
arises the system of exchanging the products Of labor or
trade. From the system Of exchanging products Of labor
the necessity of medium Of exchange the first
medium cattle, or beasts Of burden.
Then the precious metals were discovered Their beauty
and their utility, their scarcity and their consequent high
value fit them for medium Gold and silver possess
many properties which make them universal money or
.ft 10
Chinese and the lecturer gave curious dates and
facts, showing the history Of Chucsc crai,money.
The lecturer then narrated the progress of credit IN ex
changes coming money bills of exchange the banks
of Venice and of Amsterdam modern banks Of issue and
government paper money. M
The great advantage of paper money he said was its
cheapncss For this is sought by countries
and the history Of the United States is also the history of
our paper money From all these facts the lecturer de-
duced laws affecting the value Of money
He then proceeded to explain how commercial crisis
brought about by the operation of these laws when
they are dsrcgardcd by individuals by corporate Gu
pidity The remedy he explained at length, did not lie
In a national bank in protective tariff Beautiful
results might, however be anticipated from protection
obtained by sound system Of currency, pointed
out in 1887 by Mr. Buchanan and endorsed by Mr. Cal
hovn Bank notes should not be allowed in retail trade;
this restriction would be sufficient, aud not nconyenent
In wholesale trade they would not be injurious.
The lecturer then went on 10 describe credit as scsn-
fc and perfected barter. Banks he showcd labor
saving and capital saving machines but they should be
confined to their legitimate sphere Usuy laws both
absurd and pcrnicions 1890 $500 sts45
We have only rapidly sketchcd the leading points q
this profound AMI instructive lecture which was listened
to with markcd interest. pss as s8
TIE CAPITOL Hill ATTEMPT ASAsslsAroS Charles
Barrett alias Squirrel. and Henry Williams have been
arrested and committed TO JAIL charge,of having
committed the murdcrous and entirely unprovokcd as
sault ON Mcssrs. Reeve Lewis and Isaac Entwiso on
Capitol Ill., on Saturday night the eth nit.
We have frequently Ind occasion to comment upon the
present police Organization Of this CITY, aud strong cor
roboa,ion of our ccnsurcs is found in the fact that the
prisoner Williams has been occasionally acting as sub
sute" on the police and on the watch during the past
three months, that he appointed special police
on Friday last, and that nc was on. duty when
accused It's idle for the friends OF the present com-
potent andnefcient police 10 that they were adopt
ing stool pigeon in having this man appointed on
the special police Ii they did 90 it was deliberate in
suit TO the worthy citizens who have volunteered to act
special policemen to enrol among them one known m
TO have committed to have been accessory TO nm afro
cious crime
The principal witness In Che case was one Carrico.
whtchmnhi ne, WaM ." "3ty saw tne unprovoked at
tack upon Messrs Lewis and Entwise, and saw Barret
FIRE At Entwsle. Yet not until large rewards had been
offered, could he hear reluctant testimony to the crime
which II his duty 10 havs arrested the perpetrators
Of Yct, this unworthy Waterman who should at once
been discharged from duty which he has shown himself
incompetent and unworthy to ulh is gacously 'spicel
different bsut" where he will not be afraid Of getting
whipped
!, IS 70 be hcrcl that sinll BE- relieved from
this dcpomle. state Of things, that these atrinaf 20
lice officers viii give way efficient United 81 ties
force aud that AND .ospEk will again prevail in the
taffiss