Sunbury American. [volume] (Sunbury, Pa.) 1848-1879, 1864-05-07
From ThompsOn's Bank Note Reporter.
The Secretnry's Policy.

1t is important to know, SO far as possible,
the future policy of the financial minister of
the Government. and especially at this time.
when, to make gambling specnlat;ons pro-
titable an uncommon food of false asscr-
tions and theories damaging TO the public
credit, are boldly circulated
The cxcitcments got up in Wall street by
gamblers in Stocks and Gold, are telegraph
ed cverywhere-ex -exaggersted-an the out
side public naturally feel that there is some
great wrong somewhere. when, in fact. :here
is nothing wrong. There is only hullabal-
loo among the bulls and bears.
Slr Chase will press right on with the Ma
tional Tcn-Froty Loan, just as he has begun.
There will hc no change in the rate of into
rest. He will make no temporary loans of
the Banks. but will take money from the
people or the Banks mt five per cent. intc-
rest, payable on ten days notice, as hereto
fore and he will run the usual line of one
year Certificates. lie will sell the surplus
gold from customs. after setting aside an
amount sufficient for six month interest,
and use the proceeds. as the spirit and let
ter OF the law demands, partly in sinking
fund, and partly for the current expenses OF
the Government.
lie dlpeais afrtsh 10 the peopl, in this the
most trying military and financial period of
the Rebellion. to come forward with heat
and money. lie is reducing the volume of
/ currency gradually. and will continue 20 do
so. If the stock and gold gamblers shall
again attempt the game they played last
week, lac will bring tile whole power of the
Government. and its whole means, both here
! and abroad, 10 cbcckmatc them.
The Secretary of the Treasury relies npon
the People for the 'cars and means upon
the Army for victories, anu upon Congress
for adequate taxation.
The people will come to his help with
every dollar that can De appropriated.
This is their true interest /; it is their true
safety. The armies now will do their part
there is no alternative but victory, Con
grcss will do its duty--it dare not falter.
To those capitalists who complain that
Mr.. Chase ought to pay higher rate of in-
tcrcst, We say, pointcdly, that a per cent
obligation against the American people is
better than bond at ANY higher rate Of in
tcrest. For why; Your money righteous
ly invested, free from cNtnrtion, generously
invested for your country's causc, is, and
will bc through all time VALID.
--.----
BoLp IiIGnwAY RopBERY.-On Friday
afternoon 22d lust, about 4 o'clock rs
Abraham Shelter, German and tcams,cr
IN the employ ot MT. Ihas. r. hopltSch. soap
manufacturer of this Borough, was returning
with the team from Ashland, he was at
tackled at the foot ut Broad Mountain, near
the old toll gate, Fountain Spring, by four
lrishmen. One ct them seized the heads Of
the horses and held them: another who had
knife in his hand sprang on the tongue of
the wagon, and after being struck once or
twice by the driver, obtained possession of
the whip and cut it i'll two: the other two
jumped into the wagon, and while one held
Shelter, by the throat almost choking him,
the other robed him of S63 in notes; pat
tent lever watch worth $25. and o chain
valued ut s.. The robbers tore his clothing
in ;he struggle, Within ten minutes tho
! Ashland stage reached the spo, but the rob
I bcrS had decamped with their booty. 1t seems
that these men had solicited Shetftsr in Ash-
! land tn take them 10 Pottsville. 5ut he rcfu-
sed. They then started before him and laid in
wait for him, and robbed him as stated
y bold piece of business.
week or two since a coal operator OF
Ashland who was going ID his mines ct
Centrcvillc, 10 pay his men was waylaid;
but he presented bold front and revolver,
and the scountrcls were defeated in their
purpose. These acts show the necessity of
going armed in that locality. Miners jour.
pGi.