The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1859-05-25
Obituary.

THOMAS CIu1Toy SALT, Of Birmingham England for
long period the financial and political coadutor OF tn
celebrated Thomas Atwood, died his resdence in that
city the 9th Of April 1852 He attained the al vanced
age OF seventy years. and passed from stage of life nm
joypg the highest respect Of all in that great GEN.
tire Of manufacturing industry. lie snccassfl ana
enerprisrg manufacturer. His vigorous intellect and
character carried bin, however, beyond the ordinary
pursuits Of private life 10 conjunction with his friend
Thomas Atwood he contributed all his Influence to the
of the famous British Reform bill Of 1892 The
motive, witch induced Mr.. Atwood, tory in principle,
with Salt and others, equally conservative engage in
that great po itica movement were OF special nature
AND are nut little understood even up the present
period. Atwood was banker He practically Witnessed
he effect of Interference of the British government
With the bank currency during the great French war
the restoration of peace he with the co ooetou
Salt and Others deternpedy resisted every ATTEMPT OF
toe buioniste 10 alter the standard of valu, which
had taken place during the war they main
tnlned that the national debt should be paid
N the same value of money it bad been
contracted. The tactics Of Ricardo Horoer ana tue bq
eDist school OF Statesmen lSI7 the nigh etaud
OF vaise which existed precious the OF
cash payments in 1897. Mr. Pee became the orator OF
hH party, and subsequently their leaoer ALI efforts To
resist the ouionis's having failed his friends
resolved to change the they could not rain
ne nhanc'a p9ey Oh her opponents The whole weight OF
ther popular influence was atey thrown into the
struggle for reformation OF the House of Commons No
change in the financial Legislation Of the government was
effected by the REFORM Atwood disappointed with the
result and exhausted by his long public retired
from the Houte. Tbos Ctuton took the position of
bis predecessor ouside Of the Parliament and never
slackened FIRE upon Peel ill the hour thai staesuans
DEATH The merchants Of Birmingham for the thirty
years invariably deputed him, the OF every
commercial revnlsion, to confer with British Minister'S
ana TO urge modification Of the financial measures of
sir K. Peel He was alec examined by every
committee OF tho House Of Commons which
has been appointed this subject during
that period The vigor OF his letters has more than once
compelled the distinguished Baronet of Farnworth to
reply publicly TO his position. Mr. SAT- was how
an out and out advocate Of simple bank currency
for national domestic rposes Gold be masntaneG
should be used only for foreign balanced he was there
fore totally opposed TO convertible bank currency The
standard value OF bank currency, he contendei should
be regulated by the average price of staple products to
sustain the uniformity OF It's circulating value, and to
efectuay check the imitation Of prices which occur every
few days under fluctuatiDg gold basis. His extreme
views met with few supporters among either the
tile or trading classes yet his great prohy of
and persistent advocacy Of his principles commanded for
him tho esteem Of commercial throughout the United
kugoom.
Hon. WnloN HEMINGWAY, Of Carroll county, Mss, for
mer Secretary OF State Of Mississippi and late Clerk Of the
High Court Of Errors and Appeals died at his residence
on the 18th inst
Hon. DANIEL WALLACE, formerly member Of Congress
from South Carolina, died on the 10Th inst