Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1867-11-30
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NV foax, Nov 80 In various wards
OF the city yesterday , ,s61 voters were reg
is'ered. which makes u total, tn ia. 90 reg
ist.fed at the beginning OF the n.nih, oi
l39 900 on the same vote
WA. ii. Dodge, manufacturer oi chro-
nome,ers, at No. 1872 South street. Was a
rested yesterday charged with iorgrg the
signature Of WIN. II. Webb for cAsck for
81 500.
The fsiiure ~ the young and enterprisine
firtn nf shcrwir 4 Co. Is accounted for on
tao theories first, that il was caused BY
the fierce rivalry Of A. I. Stewart l. Co who
so.d goods for lower prices than Messrs.
SheTwin 4 Co. could buy them a another
that the three weeks delay in re6tting the
old Mason Dorec was fatal, the goods pr,
v,ously bought having fallen 20 much in
that time ~ to cripple their resources at the
start. BY the closing ofthe frm nearly 800
persona are th,own Out Of employ ,nent
Henry N. p. Meyers, many years cashier
Tor Messrs Z. q. Gunthier L Sons, died
suddenly on Thursday night.
\ special says: Secretary MeCulloch
has finished his report and copies vii be
| sent tomorrow to the principal ne"spa-
pers The q eminent, which Is " COO q a able
leng Ii, refers % tbs reports Ii tAs f.sllsr-
ent treagury bureaus. drawing from ~ 70
facts aud ngufcs 10 support q views aaso.
cataa il ns oan report anl Alternating
upon ,he,u nj length. Mccui,oeh siindes
TO his esr.'eI reports, gong back 90 Ia tine
I'll h : uominaiion also TO reports If Secte
urt Chase aud Fesscnden, in support u
h. slews aud the policy OF continuing to
Contract al the rate Of forr millions per
month. az provided hy law.
He shows that there were months when
NJ could nave contracted the above amount
but RETAINED f,om doing so because he did
not think i, necessary or expcdent.
lie takes strong ground against expan-
sion which, TO use his own language.
would be ruin, and lead to reputation. y
The views OF Gen. Butler and Mr.. Stevens
aud others are commented upon, and the
tendency Of the results OF the dit1eren,
financial schemes, VI carried out, are en-
largcd upon and contrnsted.
| lie in,erprets the lew in reference TO live
twen,ies a. binding the country to theii
payment in ccin, principal and interest, and
believes II the policy looking to their re
detnption in currency shall he adopted, tn,
effect Wi, he disastrous. lie states that b,
has sufficient gold in the treasury to NEE
the demands on the government and keel
tho market 10 check. lie gives his reason,
for not selling more go.d-endeavorirg 4
bring resumption in that way-that specu
la,ors would tomorrow buy up all the gol'
he could offer and then easily control tn
market and make tho premium higher thar
ever il has been. lie believes the Trbun
policy of resumption would lead 10 an i'm
msdiate crash in business, which he hope
TO avoid.
NJ comments at length on the Interna
Revenue Commissioner reports, and give
his opinion that il tho Internal Revenu
department and Treasury had sole contro
ol the system, the taxes would be fully col
cctcd and an end pu. to fraud and corrup
| ,ier.
The repor. hss been read at a Cabine
meeting for the information aud guidsnc
II Mr. johnson, Who has some financia
views to propose in his forthcoming mes
save,