davidaulloa/AmericanStories huggingface dataset:
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
s.v.ra,s Auburn Speech.

Secretary Seward hiss peen making
-;,;, ~ h;s home at Auburn, and
while there took occasion to address
~. n.;obbors and friends at length
On the political questions Of the day |
His speeeh was rather statement OF
,hs views of ali-the various political
narties and factions of the day, than
3 decided expression of his own IN
dividusl opinions upon the issue now
.gitating the public mind Yet
enough was said to indicate a prefer
ence for thepolicy of the President
rs,her than that of Congress. From
the drift of the SecretarF's speech it
would seem that sll the conditions
he would impose upon the Southern
States. are simply the constitutional
amendment abolishing slavery, an
amendment proportioning represen-
taticn according TO suffrage, and that
they should send to Cengress'none
save loyal. representatives. Upon
these conditions he seems willing to
re-admit the lately rebellious States
into full fellowship in the Onion. In
speaking of the Treedmea's Bureau
Bill and of the excited discussion
which that measure eliclted not only
in Congress but throughout the whole
country. he says, "the result OF that
discussion has established in the
public mind clear conviction that
slavery can never, in any case, be re-
neyed IN this or any other christian
country: that e-Freedmen's Bureau
In a state Of peace is not only un-
constitutional, but that 1t is desirable
snd necessary only ss temporary
measure during the civil war, and the
transition from war TO peace; that its
organization, which; Wss adequate
during the war, is consequently com.
petent during the transition from war
to peace, and that it hss, with the
Presidents hearty cooperation, q
legal duration for one year, for all
Just. necessary snd practical pur-
poses"
The Civil Rights Bill Mr.. Seward
believes to have been unnecessary and
uncaIled for, being of the opinion,
that the personal or civil rights OF
each member of the State, white or
black, free-born or emAncipated, na-
tive born or naturaiized, arc more
secure under the administration of
State government, than they could
be under the administration of the
National government. Mr.. Seward
closes his speech In that came hope
full spirit, which, during the war,
characterised his famous ''sixty- day"
prophecies in regard to the dsstrue-
ton of the ConfederacY. He says,
"whst then is my conclusion? 1t is
one, at least, that will be admitted to
harmouize With my past life. 1 sm
hopefnl-hopeful of the President
hopefulof the Congress-hopeful Of
the Nation Union pary-hopeful of
the Democratic party-hopeful of the
represented States--hopeful of the
unrepresented States-above all,
hopefal of the whole people. and
hopeful of the continued favor of
Almighty God"
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
MARRIED.

M.ACCK-BRADBURY.- the 18th Inst. NJ
the residence OF the BRIDES father in Kyger BY
Res. \. o. Briekman, Mr. L. W Mauck to Mis-.
Fannie \. Bradbury.
McCORNICK-TROBR the resi-.
dence Of the brides father In Ohio township. May
g3d, 1906. BY Rev. J. W. Mccormick, Nr. james
Mccormick and Miss Eesta L. Trobridge.
wHEEIRA ARfiE-R-SAWTERs.- the resi-
dence Of the brides father, IN ssJ-is-ss Cali
county, Ohio, May nth, By L. ID. Vsnzandt Esq
Mr.. Moses VI. Wheelbarger and Miss LueretiA 4
Sswyers-
HOIT-MARTIS.-On the 24th OF Nav, 1856. al
the residence OF the bride Mr.. VIM H. Martins
by Rev. ID. Mann, Mr.. Mahon ". Holt, Of Mason
county, W. Va. and Miss A. Martin, Of Calls
county.
WILSON-LUCAS.-In Huntington township
Gallia county, O., May s3d. 1856, By Rev. II. Il
Howe, Mr. Charles n: Wilson OF Ia, to Miss 5
Jeanette Lucas, ofHuniington-
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

HoNRsDALE, Penn, May 2s.-A
terrific tornado swept over the lower
portion of this borough last evening.
The immense covered bridge span
ming Lackawanna river at Sixth street
was bodily lifted r distance of six
feet in the air and fell into the river
mass of ruins. A boy who had
Just crossed the bridge was carried
some fifty feet mp the river. Several
barns, out houses, dc, were demol-
ished. Trees and sticks of timber
filed the air, flying like shingles.
The course of the tornado was first
IRON west to east. 1t then turned
and went South, and veering again,
finally took Q northeasterly course.
No lives were lost.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
War In Europe.

The war-cloud in Europe is deep
,ening, and contest seems almost in:
eyitable.. The great powers Of the
: continent are marshalling their hosts.
with minds apparently bent on war.
Prussia, led on by the consummste
ability and master diplomacy of her
prime minister, Count Won Bismark,
seems resolved to absorb the Duehies
lAtely wrested. from Denmark, and
becoming great maritime power,
place herself at the head Of the Ger
man Confederation, q position which
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
From Kanawha.
tCorrespondenee Gallipolis Journal J
CHARLEsroS, WEST Va, !
Nav osth. 1866.

h6J --eIs ACOS-
DEAR JOURSAL@The election in
this State on last Thursday passed
OF very quietly, much more so than
was anticipated, rs the issue submit
ted to the people 1.-THE constitutional
amendment DISTINGUISHING rebels J
had excited strong feeling in all
parts OF the State, and il was feared
that in some places there might be
trouble upon election day. But the
election everywhere, so far as heard
from, was conducted peacefully aad
orderly. What the result is through
out the State, can not be known
definitely for several days, as means
of communicating intelligence are
rather meagre in many sections of
the State. But the returns thus far
indicate that the amendment has
been ratiiied by quite a largo ma
jority. 4 dispatch from Wheeling
states, that full returns received from
eleven Counties thus far indicate
large maiorities for ratification.
This. Kanawha) county has given 4
majority of from five 20 six hundred
for ratification. In Putnam county,
when last heard from, ratification
was q few votes ahead, with two
townships yet to hear from, one of
which would probably go for ratifi-
cation, and one for rejection. So
that the contest in that county viz
be close. Shall be able to send Won
additional returns in a few days.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
Probate Notice
.SlttIrn.rf IA icrann,..

THE following accounts have basn fled in
i the Probate Court of6sliiz county Ohio.
foe satlerneuf, and tie sane vii 10 hssrd
shd Examined on The 23d day Of June. A. d.
1866. Thefinai seeount Of joseph k's LAD,
Guardian II Jcsenh Rowland, minor heir os
John Rowland deceased. Account of Daniel
Naaek, Guardian OF J. n. Rothgeb- Account
q Daniel MAuck. Guardian Of james N. hing'
Final account Of James W. Naddy, admini:-
traitor Of the estate Of James MaddY deceased
First account OF John Morton. adminisirster
Of the Estate Of Thomas Wiley deceased
First and final account OF A. J. Manering,
administrator of the estste Of Jordan hsner-
ing deceased. Final account Of Matthew
Lasley, executor Of the last viii and testa-
ment Of George Shule= deceased Account Of
Hubbard VaaGilder. GrsrdiRn cf the minof
heirs Of James II. Alford. deceased.
ALEXANDER LoGUE,
Probsts iuagr.
MSy 81. l656.-Iw
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
For The GAllipOlis Journal.
hGratuitous,r

We (yourg lady participants in
the pleasure party on Str. ALLESA
MAY, take pleasure in presenting our
best wishes, and heartfelt acknowl-
edgements to Capt. Hamilton, for his
Kindness and generosity. Saying
nothing Of his requisite expenses,
he provided US with luxuries suited
TO all tastes, in the way of Ice cream,
Strawberries, Canned fruit, Lemon
ade, &c, Of which we partool1 "large-
ly," and enjoyed ourselves to the full
lest extent of our capacities, regard
less of some OF our wol thy friends,
who, after promising TO make oneef
our party, declined their precious
company because the party was ''too
mixed" All indeed My opinion
is, the Lemonade was not mixed
enough with whiskey) TO suit their
fastidious taste, consequently the
dormancy of their real self, l mean
whiskey) could not "trip the light
fantastic toe" with as much zeal as
did they at the Opposition dance"
as they called it, where whiskey, wine,
lager beer, &c, is accessible, which
is quite enough to cause some of
these worthies 10 loose their majGs-
tic equilibrium. Poor fellows; while
two failures stared them in the face,
we did not wonder at their Importu-
ming and sad countenances, and
finally try ing to force the band to
remain by siezing the negro's violin.
But Lemonade did rule, and whiskey
yielded the point" SO much for
their manhood. We explained as
best We could. their cases TO the
party, who came up on the Str Clip
sey, and they blending their sympa
thy with ours, resolved to say TO
them through your columns, that we
feel truly grateful to them, for being
so considerate in giving US "their
room instead Of their company"
"FIDUS."
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
LETTERS

DEMAINING UNCLAIMED In tho Post OF
IL ice at GallipolS, Gallia county, Ohio, on the
3lst day of May A. u. 1865.
"a II not called for within one month, they
will be sent TO the Dead Letter 0fice.
RzSF- To obtain any Of these letters, the appli-
can't must call for advertised letters" give the
date OF this list and pay one cent for advertising
Bernhart Nicholas LuSston John
Grey Henderson McClain Miss Margaret
Uerrick Charles McliOrner Thomas
Hunting W III Pryor Dr Wm
KAle Miss Kate Roberts GulllArd
kenney Patrick TAliierro hrS susan ~
Kemper Lewis Nogt Lewis
LawfeSs a Weakley Mrs
Lott SaneyE
Onice hours from TX A. NJ, TO * p. N.
SUNDAYS Office open from tn a. VI.
JOSEPH DEOCILLARD,
Nav Al fs3s Post Master.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

MISS LUCY ]. DOWNING, having pro-
vi cured and fitted up suitable rooms in
Gallipolis. is now prepared to receive pupils
and give instruction in music upon the PianO.
Having enjoyed facilities presented by the
best Acadsmies Of Music in the country, abe
offers herservicss with confidence Of giving
satiIfaction to her patrons.
TERMS, 2fLESSoNs $40.
Her Piano Is new, purchased expressly for
the purpose; and her pupils can have the use
Of It, II desired, at two dollars additional
charge therefor.
For other particulars inquire at the resi-
denees of John G.. DanrSn Esq., and Ar.
Jonathan Hamilton.
May "a, ls66-fw.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
SHOEFINDINGg.

The above Goods have all been beaEht for
Cash. the lst Of the mouth. at less than any
Stock that has been l.rought to this market.
for two years, and We viii sell NJ eorrespon-
ding priees.
In the Wholesale Department We stand
second to no other Rstablishnent hereabouts.
for quality OF Goods and prices.
= 3 - BAILEY & RIDETOUR.
May -, lS66.--tf
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
Assessors Returns.

The following statement gives the
complete returns of Assessors Of
personal property, moneys and cred
its assessed in Gallia county for
1866. The comparison with 1865 is
also given, which exhibits a net in
crease in the county for 1866 OF $780,,
s0T. Tho assessment of 1865 was
S3s7, 1855 in excess of any former
year.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
s dajor Gilbert, the officer sci

S Major Gilbert, the officer sent
by General Howard to investigate
the Memphis riots, has made a par
tial report on the subject. From it
we extract the following:
"The civil authorities have not
taken the slightest notice of the ter
rible riots, and seem TO regard them
as simply skirmish between the
police and the negroes. It was Ger
tainly a very one-sided skirrnish, as,
ftom the testimony, no resistance
was made by the negroes after the
first night. The citizens have been
advised to hold O meeting and de-
nounce the conduct Of the mob, but
still they either neglect or refuse to
do SO, The papers of Memphis are
at the root ofthe whole matter. They
have melted riot and murder for
months, and mis- is only q legitimate
result Of their infammatory articles;
and these poor whites. between whom
and the negroes q feud has always
existed, have been but their tools"
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
COAL!
d Cents pcr Rushel.

VIJILLIAM E. CULP, agent for Carlton
w Coal Company. Dealer in Goa. and
Cs.l Slack, foot Of State Street, Gallipolis,
Ohio, wishes to inform the people Of Gallipolis.
and vicinity, that he will keep constantly on
hand, good supply Of The best Ppn4roy
Coal ever brought to this market. which viii
be delivered within the City limits to custo-
mers at the above price.
We deem il necessary to inform the people
Of Gallipolis, that we keep but one quality OF
Coal and that is the best. Our prieo is low in
regsrd to the quality. j.
Coal landing Immediately above the Wharf
boats. Coal sold by weight, according TO
CITY Ordinance, Coal Office st the Wharf.
WILLIAM Z. CULP.
Nav 24, 1850 IT
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
Dissolution.

TINE partnership heretofore existing IN
IL der the firm name of .PARMLEY &
SMALL was dissolved May IL. 1866, by au-
tual consent, by ,he withdrawal of Mr.. Small.
who has sold his interest 10 Mr. A. Cobb.
The name of the firm will hereafter be PARM-
LEY & COBB, they assuming and agreeing TO
pay all the liabilities Of the firm Of ParmleT
4 Small.
..-... F.E. SMALL.
MAY %, Is66.-3w.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
H .Immediate and unc0ndition

S Immediate and unconditional
restoration" Such is the democratic
"pian," and the "plsn" Of no one
else except the still persistent rebels
OF the South-men Of the Henry A.
Wise class, who, believing they
committed no crime, "ask no oaths,
ask 10 pardon. :"
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
TO HOuSeEeepcrs.

HAYWARD & FULLER have beautiful
Ii article Of Furniture Polish. that will
remove paint stsins, heat marks &c, from
Furniture, and remove all finger marks from
Pianos aud other highly polished surfaces
making old Furniture have the appearance o.
new. Try it.
HAYWARD l. FULLER.
Corner of Third aud Stste Streets.
May 81, lsG6.-tf.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

~ The Fenians in Nashville and
Memphis are moving toward the
North in somewhat formidable num-
bers. Fifty left Memphis on Friday.
the same number Saturday, and an
equally large number leave to-day.
Nearly all are armed with revolvers.
Chicago is believed TO be the rendez-
vous. A battle is thought to be
possible before long on Canadian soil.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

r. The trial of JEFF DAVIS, il is
now stated, will not take place till
next fell. there being some impedi-
ment in the way OF an immediate
trial. We hope to hear no more
about this trial unless it comes in an
authoritative shape.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
June Tax.

The June Duplicate is now in the hands of
the Treasurer, and the law requires that pay.
ment shall be made on or before the 10th OF
June ensuing, or penalty Of 1--WE per cent.
will attach. Tax payers will remember TO
bring with them their December receipts-
JACOB KERNS, Tr. Gee.
Nav 81, 1866.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
The bill TO ennalizn hannt

T The bill 10 equalize beunties
passed the House on the 25th. 1t is
somewhat different from the one re
ported by the committee. The cor
respondent OF the Cincinnati Go=ctts
furnishes the following notice of its
prominent provisions, to Wit:
/ 1t provides fHr the payment of
S5 33s per month TO each soldier.
sailor and marine, who served in the
army or navy, from April 10th, 1861 TO
April 18th, 1865. II contains proyis-
ion however, 10 the effect that al boun-
ties heretofore paid, or hereafter to
be paid By States, counties. cities,
towns, or other municipal orsaniza
tons, or by voluntary associations.
shall be deducted, so that in no case
shall the aggregate amount of bounty
allowed and paid from all sources,
exceed SS 334 for each month oi ac-
tual, faithful service. Prize money
is also to he deducted from sailors
bounties. No bounty is 60 be paid
TO substitutes, or to those who we're
captured prisoners OF war at the time
Of enlistment, nor those discharged
on the ground Of minority, or before
April 8, 1865, on their own applica-
ton, unless for enlistment, trans
fer or promotion.
Ithas now TO be acted upon by the
Senate. It's fate there is considered
extremely doubtful. The only OBJ
lection to it is financial one--it be
ias s.isnaied that it cannot take less
than 5000, 100000 from the treasury
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

T There wss-sn extensive fire
at st. Louis on Saturday evening. A
large wholesale drug nouse, and s
job printing and stationery establish.
ment adjoining, were destroyed
The loss will amount to Sl50,0U0.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
GLIB so 'S

Atmospheric Churn Dasher.
Tie Most Important and EaluOUs In
ventioa of he MnstssHth Century.
l. This Dasher is superior to any other.
BY being as simple "a the old Dasher, and
combining ,he atmospheric principles there
with.
,. It is superior u all others, inasmueh as
the same power applied 10 this 10 like me-
ehauiaal operations, will make one-foUrth
more reciprocztiOns.
g. II is superior tc all others, inasmuch "a
it produces the Butter in much shorter time.
l. 1t ia superior to any other, inasmueh as
it produces much better quality Of Butter
Lastly, il ia superior TO any other patent
Churn. inAsnueh as it is from 500 to $500 per
cent. cheaper than any other.
A larger Weld Of Butter can be obtained In
much less time than by any other kind OF
Dasher.
New milk as well az cream can be churned
in a very few minutes
The subscribers are sole agents for the coun-
ties Of Lawrence and Gallia. in the State Of
Ohio.
BUTCHER, SHAW 4 co.
These dAsheTs may be seen at the Store OF
Messrs. Calohan 4 Graham. or At the board
ing house Of Mrs. Colemsn, where the snb-
scriber may be found.
TIL. BUTCHER.
Nav 81, IS6C.-2w.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
nv There wss a flre at Por.s

Eg There was q fire at Ports
mouth on the Oath. destroying prop
erfy 70 the amount OF from $4,000 to
$4,000. The building burnt was
occupied By A1r. Anderson as q
feed store, and owned by friend
Mcfarland, of the Tribune.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

A SHORT ssD INSTRUCTIVE CONVEX
sATIos.-Postmaster General Denni-
son was importuned ty an Ohio
Copperhead to appoint a friend OF
the same persuasion to = Postmaster
ship in that Safe.
ais The person you recommend a
good Union man?" inquired the Gov
crnor.
s'Oh, yes; he supports Mr.. john
sons reconstruction policy replied
the Copperhead.
This reply evidently did not suit
the Governor. who asked,
"But how did your friend vote at
the last Presidential electionf"
"For Mcclellan" wss the re-
sponse.
"Well." said the Governor, I'VE
amt appointing any Mcclellan men
to Office just now in this Department" "
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
Notice.

rENHE fsst pssssnrr Steamer ALLESA NAY,
Il having been newly repaired and thor.
oughly reatted, will take the place Of ths
Steamer Pawn 40. 2, in the Gslipolis and
GuyAndotte trade in few days.
The travelling and shipping pubic will
please notice the change.
May 2i, 1866.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

FESIANs.- is a movement OF
the Fenians. We are informed that
a party of three hundred we're drill.
ling in the woods a few miles down
the river on Sunday. Quite a number
left the city yesterday, bound for
Canada, it is supposed. large sbip-
ments of arms have been made north
ward within Il few days. Ithas been
noticed that the Roberts and Sweeny
Ferians have not given much con-
siderstioE to the talk OF Head Center
Stephens, whose immediate objective
point is ireland. There is an APP
pearance that an extensive raid is
about to be made upon Canada. The
movements OF men and transporta
ton of arms have been in progress
for some DAYS, and that with de-
gree of secrecy that indicates bust
ness, and that mischief is afoot.-Cin
Com. Aay 2Ith.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
INTERNALREYENUE.

Assr.soss orrfcx. 1lfu DIsrr1cr ouiO,l
8 May 18th, 1866. s
NOTICE is hereby given to all persons
IN having made returns to the assistant
Assessors Of Gallia county, that ] will attend
al the Office Of said assistant in Gallipolis. on
Wednesday, June 20th 1860, % hear and de-
terrniue al appeals, then and there made. in
relation to any erroneous or improPef assess.
mept under The Internal Revenue LAWS Of
the United States. -
= go D. MCFARLAND,
Assessor llth District ohis. Z
May ~, is66.-4w. fsg-. =,
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

ET- The steamer Saxonia and
America arrived Saturday at New
York, with Queenstown dates of the
18th. and the City OF Boston arrived
Sunday with dates TO the lTth. The
Danustsdt army has been placed on
a war footing, and wsr is considered
imminent. The Prussian embassa-
dor at Vienna has declared that he
should leave Immediately in conse-
ouence of the occupation Of Bohemia
by the Aastrians. A dispatch from
Trieste says the embarkation Of the
volunteer corps destined for Mexico
has been countermanded. A tele-
gram frem Berlin says that hopes
are still entertained in some quarters
of peace. The very latest intelli-
qence by the City of Boston is to the
effect that Paris advices indicate the
assembling of an European Congress,
and the news was somewhat less
varlike. The financial news indi-
Gates that the panic is over in Eng.
land. although more failures have
occurred, and there is great tight
ness in the money market.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

E Snow fell freely at Chicago on
Saturday night. We have been feel
ing the effects Of it here Tor the last
few days, making fires very comfor-
table.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
Notice.

THE undersigned has been duly appointe'
administrator d, bsnss nea. Of the estate 0
Isaac Compstsn sr., late Of Gallia count.
Ohio. deceased.
MAY 81. 1866.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
Civ LOT for Sale.

THE subscriber wishes 10 eel one fourth Of
GallipOlis City lot No. a36. on Third Street.
just above the Store Of Mr.. lease Cook. Fer
terms vi sale. enquire at Journal Office.
WM. D. WOOD.
Nav 81. lSS6.-lm.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

R- A Washington rumor has il
that Major General George II. Thom-
IS is to succeed General Howard, as
Commissioner Of the Freedmen 3
Bureau.
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31
Corn Wanted.

THE subscriber wishes 10 buy about5 600
i bushels Of good white Corn, for which
the highest market price in cash will be paid.
Call at his Store in Gsllipohs.
p. FENNER.
May 81, ls56.-tf
Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1866-05-31

w Treasurer Spinner says that
according to the act of Congress the
Government is liable for the face
value of all notes of National banks,
and that no case has arisen in which
note holders have suffered any loss.