davidaulloa/AmericanStories huggingface dataset:
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29

The Real Funding Of the Debt.

The conversion Of 7-4O notes into
$50 bonds is progressing so rapidly
that before Congress adjourns next
summer it must adopt a funding
scheme covering the whole national
debt. Many people enormously think
that the Treasury is now funding
the sebt," but it is a great mistake.
It is oniv inducing holders Of 7-30s to
exercise their right to take q twenty
wear six per cent. bond at the matur-
It, of the 1905. prior to their matur-
ity. After these ~"calls" tor six per
cent. bonds are satisfied, snd a little
breathing time gained by the Treas
ury, funding proper will be in order;
1t was, and is still, the expectation OF
the Government to be able, nhen the
five years option on the 5-2os mat-res,
to renew them by q long bond at five
per cent, Of course in gold; and the
hope was also entertained that when
the ten years option OF the l1-4Os
brought them within the control OF
the Treasury they would be either
raid or renewed in a new bond at low
or rates of interest. As it is now evil
dent that the national debt is not to be
paid Of IN an absurdly short period Of
time. but that it can only disappear
gradually from the surplus revenue
OF future yesrs, the best mode OF fund
ing it, so that its payment shall not
a. ,hn cnnntry. will soOn be
eagerly sought by Congress and the
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29
EREEF ITEMS.

Powers has made SEQ, 300, by LIsart ID
Isaly.-Nt. Eesusias is having anc.aer
grand erup;ioa.-The weather s.. lie Ess,
is yery coll-London Las ast adopted
fire and police telegrspha--The cholera
IS sin prevailing at Har ana.---Nhiskv
seizures continue Numerous in New York
ard Brooklyn.-Ibe Odd Fellows of In
diana expended s32,s.9.j9 Ill caari.y.-
Fanny kia'ble will lecturing
again in Boston, in Januarv.-The Ita!>
ians are rery bitter against The French Gov
erauen..-l, IS said that Garibalii will
sooa be ia New Xork.-The Canadians
propose TO reduce letter postage 10 three
cenis.-Maguir:, enc Of the Fenians eon>
demnea At Manchester. has been pardoned
bv the Queen.--Ail the tickets for Dicks
ems readings If Boston haze been sold.-
The London Times SAYS I'aly's ultimatum,
IS the abolition of the Pope's temporal pow
IA c4tt.e disease is making serious
havoc in MARYLAND and v;rginis.-Post>
age to Bearism has been reduced to Is cts.
--Washington has loo, 900 Inhabitants,
three.fourths whife.-The salaries of dry
goods clerks in New I ork are to be cut down
30 per cent. after the first Of January
Tie telegraph in Great Britain has been
placed under charge Of the Post Office De-
partment.-Peace has been concluded be
tween Paraguay ard Brazil.-A famine
exists in Norlanj, northeast OF Sweden.
Crops DESTROYED and the people starving.
w. J. Forten, an eloquent colored ora>
tor of Philadelphia. is leciurins on the duty
of eolored men ia this crisis.-New Or
leans regulates the weight and price Of bread
by law.-Sania Anna is going 10 farm it
near Havana.-Reverdy johnson is los
ing his eye-sight.-Cbarles Dickens was
born Feb. Z. lsl2-Donner has refused
S43, 900 for President Pierce
offers $1,000 for the Democratic campaign
in New Hampshire, next spring.- Anna
=. Dickinson speaks thus Of Timothy Tit
comb: "A mans business is not politics,
anv m,. re tLsn o woman's. Each has bis OF
be, or, !. ~nsine,s TO perform /; for example,
h.. Holland. whose business it is to show
women to be inferior to men--E. r
Wb;nn,e v;ll ;mme.' lately begin a biograph,
Of Gov. Andre..-l.te United States o~t
l.4o0, 600, 900 acre. Of la4'd.--ihs Goo
Templars of New Hampshire lumber ''VoV
an increase OF 5000 in the pas. year-
Tie drinkers Of Cleveland, O., spe,.d eaci
year 81, 500, 900 for grog, and the city EEL
Gas, 900 for licensing the crime.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29
the OCTOBER REPORT.

The October report of the Department of
Agriculture states that although a hhal esti-
mate Of the amount Of the wheat harvestthis
year cannot be made until the next report,
returns sufficient have been received TO show
tha, the even total in bushels exceeds that OF
any harves: hitherto gathered in this country,
being 40. COZ, geo, or 10000. 900 greater than
that Of last year. AS an approximate es,i-
mate, from 22o. 900, 600 to 225,00o,Ge0 bush
els NAV be relied on as the crop OF 1867.
The Southern States show a material en-
largement in the area Of wheat, from an
evident intention 10 become more nearly
s~elfsuppor.iug and independent than form
erly. This is particularly noticeable in Vir.
GINA, Georgia, Alabama. Tennessee and
Arkansas. The quality of the wheat i
greatly superior to that OF last year Is al
most universally sound and dry. but in many
localities there may be found from a third
TO one-haif deficit in weight. lacking IN
~plurnpness or slightly shriveled and passing
as No. !, being less than IS pounds 10 the
bushel. TIE aggregate estimate OF the crop
OF oats exceeds 29,000.0e0 bushels, about
three per cent above that of 1856. OF rye.
The estimate for all the States, excepting
hose on the Pacific coast, 2l,00O,09O bush
els, an increase Of four per cent. over last
year. The barley crop is slightly deficient,
about half q million bushels, or four per
cent. as compared with the crop Of last year.
Beans and peas are more than an average
! crc., and corn is Of uniformly good quality
- ysiue, and Of the entire crop, after de
3uc,;n. tie deficiencies in the Ohio valley
and @a,Iow..ag sor an increase in almost al
- M, S,a.es. will be greater not only II
cash. but in intrinsic life sustaining aud pori
producing power. than that Of last year.
The Sorghum interest q greatly declin'
ed aud the frost has injured the crop IN ma
nv places. The average is much reduced
and dependency is evident in the feeiing''
Of MANY growers. The buckwhea.. crop VII
scarcely equal that of last year, a OF Pc
tatoe. The WELD is poor. Louisiana, the ou'.
State producing can't sugar to any extnh,
renorts an income of 720 per cent. over the
small Weld of last year. OBJECTION the COM
| pls,e estimates will be made on the Novem'
! Der returns. The returns ofOctober indicate
a considerable increase in South Carolina
Georgia and Alabama. about the same yieio
as last year in Mississippi, Arkansas and
| Tennessee, and a marked elimination IN
| Texas and Louisiana. All the estimates
| below two million bales Of 500 pounds each
! are decidedly fallacious, while the present
Indications favor two and a half millions
! ola wleat shows o reduction as compared
LII i.s, year, when the old stock was also
small. the sock Of old wheat not having beef
reduced SO low for many years, it ever
Dub. Times.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29

The Copperheads say that the freedmen
are unfit to vote because they are u%uintel,
ligen :. f:has we're in fact the reason why
they want to exclude them, it would he an
equally eogent reason why the majority o.
the whites in the South should not vote,
and il would also exclude q very large pro,
portion Of the Northern copperheads. We
see it stated that in some counties in North
Carolina ;hree>forths Of the registered
rti.es are unable TO write their names, and
that quite as large a proportion Of the b'acts
can and do write theirs. If this is any eyi-
3enee OF intelligence, and intelligence and
capab:liiy is the basis OF the fra chise, then
by the copperhead reasoning IS large a pro-
portion OF the freedmen rs OF the whites are
entitled TO exercise K. II they merely lie,
as they DO, when they make this argument,
then this opposition merely amounts to ua-
enahle hate Of she niger That is
VIA, 1t is, and that IS all there is Of II. Is it
no, singular that this Country. with a govern.
ment bssed On right and Justice. should be
the oaly one in all the worlo, who're colcr or
race is made the apology for op.-ession.-
Burlington Hawleys.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29

people. The trouble with the debt
now Is, that it is of various ~iSsecs, all
OF their short, and, like the notes OF
4 merchant outstanding. must be paid
hy fresh borrow ing on short time. A
nation to borrow cheap must first as
snre its creditors in most positive
terms that the income upon its secur-
tiles will be paid in coin, the value Of
which is nearly universal. It's next
poii,t iSto make the ohliga,ioai; gives
long, rs the length of q permanent in
vestment is an element OF valae, al
most rs important as the rate ct in
terest. This element Of remoteness
II maturity has thus far been neglect
ed IN the United States by borrowers
Of all degrees. among corporations,
States, aud the National Treasury;
by the latter greatly to its disadyan-
tagc.
This want Of long Investments in
securities otundoubtvd valuc has long
been lei. by trustees o! estate, aud
by all DESTROYS Of investing funds
when security of the principal and
certain fixed income could be got.
Assuming the fact that the people
will demand of Congress that the
debt shall be paid by amodsrsto de-
mand upon them for taxes, through
an extended period of time, the most
practical way Of funding the debt will
be found in an irrcdccmlble five per
cent. bond, or, if the term irredeema-
bic be distastetul, bonds payable at
ne pleasure1ofM Gorsrn,asat after
.nffy years, and allow the holders Of
any existing security to exchange
them at par for the 6tty-year bonds.
Into these new bonds, with political
harmony secured throughout the Tn,
ion, as it will be at no remote day.
the entire national debt net paid by
surplus revenue, from Il much lower
rate of taxation man now prevails.
would surely 60. In that form i,
could be bought in open market, at
IT'S current price, from surplus rev.
e'.ue,'at a less cost to the people than
10y leaving it. as now, in the form Of
short loans at 6 per cent, falling due
at fixed dates. The proper funding
of the debt is hardly less in import
ance than political reconstruction. and
and the sooner it is attempted the bet
ter. That the debt is to be paid in
full, and upon the terms expected by
the lender. is conceded by all but a
few political Adventures, and nothing
remains but the most economical way
Of doing it.-Nev York. 7'ribuue.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29

Several Iowa papers hayiog pro-
nounaed decidedly in favor ex-senator
Harlan fir the Presidency, the Bur-
lingion HaaeIeye authoritative states
that he is not q candidate. OF course
there was no probability that Mr.. Har-
Ian would be strongly urged for the
position outside Of this State, not"itl'-
standing Iii. eminent fitness for that
or any other hosi,ion in the gift q the
people; hence ne does very wisely
10 d;sclaim at once any idea OF sne
candidacy. We know ofno man who
would command greater confidence
a. Vice President than Dir. Harlan
and We regard his c~ila.ees tDr eiesa-
ton 20 that posiiios rs BY no means
chincrical.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29
Dowa Ealle 4 0to0x City Railroad
Company.

The above named company was
organized in Dubuque, last week, by
the election Of John !. Blair Presi-
dent, Plati Smith Vice President. W.
w. Walker Treasurer. Joseph Hood
Secretary and John +. Duncomb At
torney.
The following resolutions were
passed.
E4~oived, That the President is
authorized 10 have the road located
without delay, and that the attorney
shall procure right Of way and depot
grounds.
Resolved, That the President is aI-
tliorizcd % let a contract for the con-
struction of the roaI, 50 far rs tieing,
grading and bridging is concerned.
This look. ike business; but il
might he wei TO enquire upoa what
grounds this new company stands. On
the enc hand the d. i 5. c. II. r. CO.
declare their purpose to push their
roal rapidly westward FROM Iowa
Falls, and are actually grading it with
great rapiaiiy. Contracts are being
mad. for ties, iron &c. This is 9
practical demonstration ola purpose,
The interests of the Illinois Contra
imperaiivcly demand the RAPID con
structiop of the road and that power
FIJI corporation will doubtless advance
the necessary capital to accomplish
it. On the other hand, a new com
pany is organized for the avowed pur
pose Of constructing a road on tht
same route, in tie hope of securing
the land grant which the D. 4 ;. G
Co. have forfeited. 1t has at its head
mau Of great wealth and extensive
railroad experience. Still, under the
circumstances, it is difficult to see up.
Oh what law Of demand and supply
the building Of the road is to be PROS
ecn:ed. Eyiden,ly the d. & 5. c
Co. will build the road. In view O
this fact would it not be better policy
for the grea. railroad capitalist TO turn
his attention to .noic desirable routes
A connection Of the North Western
road wi,a ST. Paul by way Of Ana
mosa, Qxasqucton, Independence
Fairhank ani thence through 10 tux
Min, esota Central, would serve ~
capital faux movement upon the ILL
Central. and give St. Paul an untrok'
en- direct line to Chicago.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29
CONGRESS-.

Congress is entering upon one OF
the most important fessions ever held
by any legislative body. Having
adopted a just plan Of restoration for
Tie scccedcd States, II has been met
with the bittcrcst lenunciations from
nearly the whole rebel element of the
South and North, and that element
claims the recent Coppcrhead sicto-
RIGS ms a thorough Endorsement of its
views and a severe condemnation of
Congress. OF course such a clsim is
snprcmely ridiculous, still it will ~
used as a pressure upon wax lneed
members Of Congress, and MANY o,
their timed constituents will give a
cowaraly weight to it. The virtue of
our Congress will be tried to the Ut
most but we have confidence in its
Integrity and courage. 1t will hardly
be bullied or cowed into any craven
abandonment. Of principle. 1t went
about reconstruction upon the princi-
pie that the loyal citizens, regardless
of color, Of the Southern States should
re- establish and control those States.
Nothing could be more jus, or safe !;
nothing could so cficctually secure
permanently the glorious results o.
the war; nothing could so positively
insure equal protection to the interests
OF all classes OF the Southern people.
As far as our Iowa delegation is ron
cernei. il is needless TO assure their
constituents that they will maintain a
bold front and perform their conscieu-
iious duties regardless Of threats or
ir:hcs Oar own member ofthe House.
w. Il. Allison, has at all times stood
sqnarcly upon the platform Of impair
iial suffrage and loyal reco instruction,
and has supported this platform in no
hating. timid manner, but boldly and
aygrcssivcly. Whatever cowardice
may he exhibited hy other members
Of Congress, We may rest assured that
W. Il. Allison will inf1exibly maintain
lis avowed position.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29

UPPER RAr,ps IaPEoyEAEST.-The lie
Claire Register speaking Of the improve
ment of the Rock Island Rapids says that
from one of the company Of Messrs. Case 4
Co. the contractors, il learns that about one
half the space enclosed by the Golfer dam is
already cleaned out to a proper depth, and
that the work progresses rapidly. The rocks
incaya,ed are removed to n fatboat moored
alongside the dam, and towed from thence
by the steamer lie Claire to the Illinois side
| OF the river, whence they are deposited on .
line running up stream from the head OF
3ock Island, thus forming . wing dam in
such = manner as will largely increase the
quantity .. water in Molir slough. The
Messrs. Case q Co, are sparing Eeither Ct
fort nor expense in appl.;pg the most effect
i've means to accomplish as much AZ posi-
be this fall awieys.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29

Archanyei. October Sth. Ma Victoria
Nov. 10. and Swinomish, ". l., Nov. H.
The tormal transfer and delivery OF R%assiar
America 10 tho United States Govcrnmcnl
took place today hv Capt. Pestrechoig. Act.
ing Commissioner on behalf OF the Russian
Goyernn en;. and Major.Gen. Rousseau on
bchal, Of the United States.
At ) o'clock Z. ~, a battalion OF United
States troops. under command of Major
Charles q. Wood Of the Ninth Infantry, was
drawn up in line IN front OF the Cove. aor's
residence, where the transfer te,ssa place. By
81 O'Clock a large ~concna~rse Of peap'a -.
assembled, COR, rising .Ameriee,s Rr-s;aa.
e' a. asses, Creoles Ina Iadians, ali ear,,
witnesses Of &c Ceremonies. Precisely a,
the Ut named hour the Russian forts and
feet fred salu,es in honor Of The loa e-inr d,
the Russian flag bat the flag would no,
come down. Ia lowering it tore its entire
width, close by the halliaris, and foated
from the crosstreos. some 40 feet from the
ground. Three Russian sailors then at,
tempted 10 ascend the inch and a half guy.
ropes supporting the flag s,a;s. bu. each fail.
ed to reach his national emblem. A fourth
asocnded in a bo2tswain's chair. seized The
sAbl 1sd "a ~ II NtiSNttyl DSutSll nlt4s
but the motion ofthe wind carried ii of. and
caused sensation in every heart. Five min.
utes after the lowering Of the Russian flag
the Stars and Stripes wen gracefully up,
floating handsomely and free, Mr. George
Doweil Rousseau having the honor Of fling.
ing the flag to the breeze, the United States
steamers Ossipee and Resaca a, the same
time honoring the event by 6ring.salu,es.
As the Russian flag was lowered Capt.
Pesrechofi stepped forward and addressed
Gen. Rousseau as follows:
General! As Commissioner of his Inner.
isl Majesty the Emperor Of Russia. | now
transfer and deliver the territory Of Russian
America, ceded by lis Majesty to the United
States.
Gen. Rousseau, in response, as The Amer
lean flag ~ascended. said:
Captain As Commissioner on behalf Of
the United States Government. ! receive and
accept the same accordingly.
The missioners spoke in a tone OF
eommo2 CONVERSATION, and were oaly heard
by Gov. Makesa;of, Gen. Jea. c. Davis.
Capt. kuskol, and a few Others who formed
tie troupe. Several ladies Witnessed the
among them Princess Nakesa.
tof. Mrs. Gen. Davis, and Mrs. Major Wood.
The Princess wept aadibly as the Russian
Gag wen; down.
The transfer Was conducted in n purely
diplomatic and business>like manner neither
bouquets nor speech>making following.
entire transaction vas concluded in a
hours, the Ossipee. with the Commission
er on board, s;eaniug into the hsrbor at ii
this forenoon, and .. 4 O'Clock in
the afternoon, q dozen American flags hoat
over the newly born American city Of Sitka.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29

Negro suffrage and female suffrage we're
both defeated ID Kansas, but the former BY
. larger majority than the latter: = iLs
persons was carried by q majority Of 654.
So Kansas has placed womer, negroes and
rebels upon the same plane Of political ine>
quality. The only ground upon which the
.sdisloyal persons could hava been disiran-
cbised was on account OF crime. Hence, by
logical deduction, it is a crime for men TO
be black. and for women to be women. We
suppose The Almighty thinks differently. but
lie seems. 10 haze a hefty minority III the
late Of Kausan.-M ascaffac Journal.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29
STATE OFrsCEMs ron 1895.

The following will be the State officers 81
Iowa Tor 1868:
Samuel Merrill, Clayton Co., Governor.
John Scott, Story Co., Lieut. Governor.
Ed. Wright, Cedar Co., Sec'y Of State.
John A. Elliott, Mitchell county, Auditor
Of State.
Samuel Rankin, Washington Co., Treas
ur.r Of State.
Cyrus G. Carpenter, Webster Co., Regis
ter Of State Land Office.
u. Fraaklin Wells, Johnson Co, Superin'
,endent If Public Instruction.
Henry O'Coauor, Musca,ine Co, Attorney
General.
Nathaniel 3. BakS5 Clinton Co, Adjusan'
General.
SUPREME COURT.
John F. Dillon, Scott Co., Chief Justice
Chester c. Cole, Polk Co., Judge.
George g. Wright, Van Buren, Co., Judge
Joseph NJ. Beck, Lee Co, Judge.
Charles Linderman. Page county, Clerk
Edward II. Styles, Wspells county, Re
porter of the Decisions.
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29
GLO. SMALE. c. GOODFELLOw.


rrn SPECTACLEs.
oLD EYES MADE NEW.
sasity, rsthous doctor o. n.;.
CO. o:n' PCT, paid on receipt Of Ten
" Dr. =. D. FOOTE.
N9;!.o Lexington Avenue, Cor. Of
Aast 2sth st.. N. Y. u
Buchanan County bulletin and guardian. (Independence, Iowa) 1866-1869, 1867-11-29
AWAY WITH

UNCOMFORTABLE
TRUSSES.
rUMFORT AND CURE FOR
THE RUPTURED, ssnt 49,.
PAID on receipt Of 10 Cents.
Address
DR.. r. D. F0OTE.
M. ~ Lexington Avenue. ear.
81 East 2sth 81. n. Y.
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1867-01-26

1t has been the custom of former presi-
dents, and proper one, when dinner was
given to the diplomats at Washington,
to invite with them the chairman Of the
Senate committee on foreign relations
Mr. johnson exhibited his petty personal
and political spite by not inviting Mr..
Sumner to the diplomatic dinner, Tues
day evening. A Washington cores
pondent says that this neglect is not to
be explained by the presidents having
forgotten Mr. Sumner for when colored
delegation called on him, during the day
he said to them: 81 suppose Sumner is
your God ?" To this the spokesman of
the delegation replied awe respect and
love Mr. Sumner, sir, brit no man is our
God" The president then proceeded to
tell how much he would have done as
the black mans Moses if the radicals had
let him alone. And this man must dis
grace the presidency two years longer?
Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1867-01-26
Several Suppositions.

Nearly everybody likes to suppose" :"
Next to wishing, it is the cheapest sort
of mental luxury one can indulge in, and
often times it can be used to point an ar
gument as nothing else is capable of do
ing.
Suppose for instance, the rebels had
conquered the North; suppose Jeff. Davis
instead of having entered Fortress Mon
roe through the springs of "a hoop-skirt,
had been made president of the United
States, with slavery for its corner stone:
suppose. JEFF. Davis, as President, had
been murdered, and his successor had
proved a traitor to the Confederacy, by
endeavoring to shield loyalists, and put
into their hands all the power of the
Government suppose the traitor Presi-
dent had dared to declare the Conted-
crate Congress "a mere body, hanging
on the verge of government; suppose
all these things-how long would said
President remain in office? No longer
than the murderer's knife or poison could
have been got ready to slay and kill.
We very much doubt if the hot-headed
South would have waited for impeach-
ment even. 1t would have been murder
first and impeachment afterwards.
Yet the same South talks of ''rights,"
and has nothing but faggots and fury for
those of the North who seek to save the
country from ruin by removing the Presi-
dent, who has proved traitor to it
Why cannot the North take a lesson
from the South, not in the art of Presi-
dent murder, but in that kind of deliber-
alton. which, having an idea for its ami
mas, proceeds at once, and summarily, to
its objective point? The South has been
terribly in earnest in the past, and has
given proof bloody enough to convince
us of her intentions. She meant to grasp
the whole country. Why cannot we,
now that the North has conquered In
war, be equally earnest, and show by the
most unmistakable language and laws
that the South shall drink from the chal-
ice of justice, even as she would have
pressed to our lips the flagon of blood. =
Erie DisDQtch.