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

There is a German paper in New

There is a German paper in New
York called the Demokrat, which deserves
a premium for suggestive counsel. 1t
maintains that the only effective way Of
ending the war is by placing the command
OF the armies under Sigel, Fremont and
Banks, instead of leaving it, as it claims
that it is now, sin the hands of traitors"
1t adds the advice that Government should
commit to these officers power of military
movement, and should not seek to know
their plans, this knowledge having hereto
fore been available to the rebels.
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 diter.
ent standard.
Exactly so. When gold is quoted at
1,16, the meaning is that United States Le~
galITender Notes are worth eighty four
cents on the dollar. 1t is paper money that
is deteriorating 10 0al1e, 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
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 resOlu-
tons.
The Richmond papers assert that the
rebels captured 1000 federal prisoners dur
ing the retreat of our army from the Chick.
abominy marshes to the gunboats on james
River. But most of these are soldiers that
were wounded in the battles fought while
our army was retreating. 4 few stray
glers are all the unhurt soldiers that fell i'm
to the hands of the rebels.
The $35O,00O additional to the "U MON
Fund Scrip of Massachusetts, FIVE per
cents, has all been taken up at an advance
of l d per cent. premium. The total
amount of the bids therefor was So ,764, 500.
At 1917 the bids were $585,00O. There
were thirty.four bidders whose bids ranged
from 50 to lOl1s per cent. The bids at
l0l1a being in excess of the amount of the
loan advertised, Of $35O,OOO 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 mutilated
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.