Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1862-10-02

goods, and market at the natural price
He has got, or is getting, all his old
goods most conveniently off his hands,
and has been spared for a whole year
the purchase Of the raw material and of
labor. The wild speculation of two
years ago has, indeed, by an accident,
answered the purpose Of forethought,
and provided against coming scarcity.
A store was accumulated to meet the
':years Of famine" The Operative has
suffer d, because he has been deprived
of his access to wages but the capital
of the manufacturer itself is up to this
moment all the larger for the absence
Of the drain upon it. Gone mans poi
son" to reverse the proverb, lis anoth-
er mans meat It seems hard that it
should be 50, but political economy is
fond Of these enigmas, which both
tantalize and puzzle us-of substance
produced out Of vacuum, and wealth
created out Of want.
FRANcE-In regard to American
affairs there is absolutely nothing new.
Slidell and his agents still continue to
work very hard for the purpose of in
ducing the French government to recogr
nize their bogus confederacy before our
new levies get fairly in the field and
wipe it out Of existence : but the gov
eminent seems disposed to wait at least
until fair trial shall have been given
to the new force, or does not feel in
clined to offend nation which will soon
have million Of men in the field, and
which it knows would brook no foreign
Interference. The governments Of Eu-
rope respect in other governments might
and might only, and it is really astonish-
ing to see how much more gingcrly the
Intervention project has been talked
about here since it became evident that
our government was about to have at
its command the largest, and probably
the finest, body of armed men Of any
nation on the globe I again repeat
that there is no immediate prospect OF
foreign interterence, and that now is the
time to bring every energy to bear to
crush out this gigantic rebellion, which,
once terminated, will leave our country
in position where we shall be much
more respected by European nations
than ever before
In criminal matters il France it is
not considered absolutely necessary to
follow the advice of Mrs, Glass about
cooking a hare; bnt the accused, if he
cannot be caught, is tried and acquitted,
or condemned in his absence A case
of some Importance Of this kind has
list been investigated before the Tribu-
nAl Of Police, and as the Checazier d
hadustrie, who was subject Of it, is said
to have gone to the United States, where
he may attempt some operation similar
to the one which brought him into no
tice here, his case may not be uninter-
esting to you. His name is Lion, and
and he has been several times before
convicted upon charges Of petty swind-
ling but this grand operation was COM
menced III 1855, when he tablished a
journal called the Steele Industrial in
which he advertised his schemes. He
announced in this the formation Of
new company for operations in the
Bourse with acapital Of 100000 franks,
and offered to pay fifteen per cent. in
terest upon deposits, and to make ad-
yances Of scyenty-fye per cent. upon
the value of securities hypothecated
with him. In this way he obtained
large amount Of loans, and upon his
failure it was found that he had receiv-
ed no less than eleven millions Of francs.
1t was found that all the securities he
received he Immediately sold at their
market value, advanced the promised
seventy five per cent. and pocketed the
remainder, his books showing a defect
in this respect Of nearly three millions
of francs. Upon being arrested he was
Professionally liberated for depositing
cash to the amount Of fifty thousand
francs, and Immediately absconded, and
is supposed to have taken passage for
America. The tribunal sentenced him
to 10, 90 francs fine, six years impris-
onment, ten years Introduction Of civil
rights, and ten years surveillance to the
police-all to be duly administered when
he is caught