The weekly pioneer and Democrat. [volume] (Saint Paul, Minn. Territory) 1855-1865, 1862-07-25
THE WEEKLY PIONEER AND DEMOCRAT.


York called the Denokrat, which deserves
q premium for suggestive counsel. It
maintains that the only effective way Of
ending the warts by placing the command
OF the armies under sigel, Fremont and
Banks. instead Of leaving it. as it claims
that it is nov, sin the hands of traitors.''
It adds the, adTice that Government should
commit 70 these officers power Of military
movement, and should not seek to know
their plans, this knowledge having hereto
fere been availablei TO the rebels. V
The New York Tribune, in an article
upon the extraordinary rise in the price of
gold, says:
It is simply the natural law of the decline of
an article in price from its abundant supply.
for it is hardly necessary to say that gold has
not changed, but that paper has declined. The
value of the metal is the same, but the price
has changed. We measure it now by differ.
ent standard.
Exactly so. When gold is quoted at
1,l6, the meaning is that United States LIE.
galaTender Notes are worth eighty four
cents on the dollar. 1t is paper money that
is deteriorating 10 ualue, not gold that is
advancing. An important distinction.
The following excellent resolutions
were adopted by the committee appointed
at the late mass meeting in New Haven on
the 9th instant I:
Resolved, That the people agree to stand by
the flag and put down the rebellion.
Resolved, That we beg our fellow citizens to
postpone absolutely, for the present, all topics
of dispute, and to devote their energies to the
sole purpose of raising troops for the suppress
sion of the rebellion.
Resolved, That we respectfully request the
newspapers of the State to encourage every.
where the spirit expressed in these res0lu-
tions.
The Richmond papers assert that the
rebels captured 1900 federal prisoners dur.
ing the retreat of our army from the Chick.
ahominy marshes to the gunboats on James
River. But most of these are soldiers that
were wounded in the battles fought while
our army was retreatiDg. A few stray
glers are all the unhurt soldiers that fell i'm
to the hands of the rebels.
The $350,O0O additional to the Union
Fund" Scrip of Massachusetts five per
cents, has all been taken up at an advance
of ~ per cent. premium. The total
amount of the bids therefor was So ,764, 500.
At 1917 the bids were $585,0O0. There
we're thirty.four bidders whose bids ranged
from 50 to 1917 per cent. The bids at
l0lk being in excess Of the amount Of the
loan advertised, Of $35O,O0O it was pro,
portioned among the bidders at that rate.
The New York Commercial advertiser,
the New York Tribune, and many other
journals, recommend the substitution OF
postage stamps for silver change. They are
legal tender all over the country. They
can be procured in any quantity at the post
Offices, and even after use, if not mutiated
or legally defaced, they can be passed
through the post Office in payment of post
age. They are printed upon strong paper,
and are of the most convenient denomina.
tions for making change. With few dol
lars worth of stamps, one may feel secure
against any imposition by vendors of larger
or smaller wares.