Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1864-11-09

A national debt. The G4,O0O QUO 600 she
owes to her so-calied "high-born princeiy
few" who never tell. while at least
10000. 600 Of the 'lower order" are their
tlaves, who must wear out their bodies
and souls in half life time 10 meet ths
taxes this huge debt entails. This is
your fate and mine, my friends of the
plough, and the loom, and the anvil, and
We have Abraham Lincoln and his infa-
m Gus party to thank for it.
The New York money market is pro-
nounced easy this week, General rates
I per cent, but transactions are made at
6. ThGse figures are for call loans only.
Commercial paper ranges at 10 to Is per
cent. and not considered very good in
vestments at that. The weekly fluctua-
tons in the gold market unset,les trade.
chant so insecure that his credit suffers,
let him have been considered ever SO
sound There is, however. this week,
very little commercial paper offering -
The approaching election al sorbs the at
tention of the entire commercial commu-
nifty. and. business will be of secondary i'm
portsnce I'LL after the Sth Of November.
( The bank statement, this week, is held
TO be favorable. Loans are up S7S26S7,
and the increase in the deposit line is 81,
066, ,20S. Changes in specie and oircua-
tion very light.
Gold. this week, is upward. On Mon
day IT touched 22Gl, a Iise equal TO 8 per
cent over Saturdays GALES. The last sales
Of Wednes day were at 2il.
! The stock market is rampant. quota
lions upward and transactions large. The
aggregate Of sales each day this week has
been enormous.
The condition OF the New York banks
52l ,S5l, increases S7S2, ,5S7 specie 50 ,07S,
1856, increase S67,947 circulation S3,920,
900, decrease sSl, ,4S9 ; deposits Sl5l 1888,
092, increase Sl,066. 2e9.
AS go the gold and stock marke. so 90
provisions this week. Flour aud wheat
are upward, as might be expected
Financial matters go badly abroad -
Commercial failures are increasing No
less than twenty firms in the American
trade have failed in Liverpool alone. The
manager of the Manchester Exchange
Bank in London has just killed himself.
while laboring under excitement in re-
gard 10 the affairs OF the bank. Large
bank failures are reported in Rio Janerio
Four institutions have closed with liabili-
ties amounting to 81 ,000, 900.
50, l37,G COG, Of which dry goods were S72l,
Sl7, great falling off in dry goods, and a
lighter bu,iness in general receipts from
abroad than usual.
The transa clions Of the Sub-Treasury,
last week, left reduced balance on Sat
urday 464, I23 against SS5, OF SIS on
hand the week previous.
Government securities in Europe are
quoted at 45(G46 cents on the doll for
5-20's Of 1862. Sales at that are light. -
The Confederate loan is at 81.
Maryland per cent bonds are quoted
ut 6S. Atlantic and Great Western I'd
mortgage bonds due la 1873! sell in Lon
don at G646S; Illinois Central per cent
of 1915 at 70, Marietta aud Cincinnati
Reilrood bonds at II; Panama 2d mort
gage 1872 at l02, while our nation al loan,
for which, 10 use tho " Republican argu-
ment" as 10 its safety, "all the property
Of the country is pledged to the payment
thereof" the European capitalists will on.
ly bid So cents on the dollar for. All hail
America Great are Lincoln, Fessenden,
Grant d Co, who are so beautifully sus-
tanning our social and financial credit at
home and abroad The purse and the
sword are, indeed, power, but the use
made Of them by the Administration is 10
endeavor to secure the reelection OF the
great 81 Am," who sits in despotc state
at the White House, while the promises
to pay OF this once proud and ligh-toned
government are Eaw ked through the mo-
ney marts oil the Old World, at discount
which ought to bring the blush of shame
to the cheek Of every American al home
or abroad. Ere they go, gents now's,
aer chance. 'Merican government skuri-
ties, little rotten. arr price ere they 20 !;
who'll take um at arf price t-Hho'll take
nm at any price? ere they CO." Shades
o. my revered paHonyniic, what are We
coming to! BEN. FRANKLIN.
"TuE Social Evil" ,"-Our numerous ex-
changes continue frequently 10 give ac-
counts Of the extraor lEa.y impetus
which this evil has received during the
present war, aud OF the fearful ravages of
its attendant diseases. Especially is this
the case with our exchanges from theWest
and Southwest, where, although the vice
may be no more prevalent. people are
much more bold to speak out in regard to
/" delicate subject"
The extent TO which the evil is spread
ing, is most fearful to contemplate. II
far exceeds any idea which may DO formed
of it by those who have not access to the
best means of Information. II is proving
one of the saddest fruits Of the war. A
faint has been carried into the life blood
of the nation which will require ages TO
eradicate, and which will eniai. upon gem
Grafton after generation the most terrible
consequences--leprous diseases which will
render life curse, and the victims a bur
den TO society.
Some idea of the extent Of this evil may
be obtained from the reports Of the army
surgeons, from the statements of the
"secret diseas" doctors, and from the
enormous increase in the business Of the
venders OF nostrums and drugs for the
cure of syphilitio diseases. Thesales ana
profits of the proprietors of these specifics,
have been carriad mn from, Eya bupdrod