Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-02-27

BUILDING RA,LloAps-LsGlsLArios NEED
Sd. Railroads cannot DO built without
money. For two weeks our city has been
agitating the question Of building = railroad
from here to the Wspsie, and when this
should be done, 1t WAS to Be continued to
naquskets vis. Dewitt By tho people Of
Clinton and Jackson counties. Il has been
talked to such % exssn. 10 this city, that
landowners have s,en commeaced TO I'd.
vance the pr;c, Of land, and capital begun to
look to Davenport - the place to ind To-
vestmsnt in manufacturing projects. Bot
what has oil our exeitsnsnt amounted 70 |
where Is the money 10 build the road. and
whom do ws expect to furnish its Surely
those who are to secsivs the greatest bene-
at should pay the heaviest. But such does
no. seem to bs the clse. They think De-
venport 10 big enough, has - many
stores. business houses, shops and manu-
factories ~ il ought to have. What's the
use Of bringing thousands Of mechanics
here and giving them employment. The
State Of Iowa is large enough to import ma
ehinery for sll its many farmers. q we'll a..
TO make II here q home. Thus they reason
Their land sells for enough already, and
then. il the road Is to be built. others will
do it, and they will como in for the lion's
share Of the benefit. Thus reason those
Who have the means and ought to build
these roads, il for nothing moro than to in
crease their own wealth, to say nothing Of
tho incalculabls benefit TO the city, county
and State. Others would build, Il il they
had the means. and ask no odds. What
has all our talk about the Maquoketa Rail
road, or in fact any other road, amounted
tor We havs sent delegation - the con-
vention at Maquoksta to-whati Tell
them that Davenport wants the road for
about ons.fiftisth Of what IL will cost. Sup
pose that convention says to our delegates,
I've will build this road to the Wapsis il
you will meet Us there, and you can have
three months to circulate your subscription
papers" What then, It will bs folly to
commence with less than 100000 and
does any sane man think this can be raised
in Scott county inside Of - many years p
Yet other States have built roads, made
vast improvements, and become rich and
powerful. The majority of our people are
in favor Of doing the same thing. Our
farmers say, tax US, and We will chssrfully
pay our part, but we cannot give, when our
neighbor, who will receive more benefit
than We shall. who il doubly able to give,
comes down with . mere pittanee. We
would e,ll the attention Of the General As
sembly. now in .ession at Des Moinss, to
tho necessity of passing . Law giving coun-
ties and townships the right to take stock
in corporations on the vote Of tho legal
electors.
ToRN GRsENBAcKs AND WoRN Our Gun
RsScY.-laviDg received numerous CON-
munications asking for information in re-
gard to the exchange Of demoralzed cur
rency for new, We give the following full
and complete statement, which 10 supposed
to cover every case. 1t At least is all that
We have been able to learn about the mat
ter, and il our readers will make note Of
this they may save theis stamps, and save
us the trouble Of answering similar com.
munications: II less than one-twsntieth
OF the note is missing, no matter how much
1t may be worn or torn. il will be redeemed
in full on presentation to any Of the Sub
Treasursrs. If more than one-twentieth Of
the noto is actually gone, and positive proof
cannot be offered that the missing portion
has been totally destroyed, the fragment
will be redeemed only as the Treasury in
Washington. Gen. Spinner will give for it
Its proportionats value reckoning by twsn-
tieths. The same general rules of redsmp-
ton apply also to the compound interest
notes, and other interest bearing notes Of
the Government
Fractional currency, when not mutilatsd,
and when properly assorted and made up in
sums of not less than three dollars, will be
redeemed in lawful money Of the United
States at any Of the Assistant Treasures Of
the Government. Mutilsted fractional cur
rency-defaced currency is not considered
mutilated- will be redeemed At Washing
ton, and only according to the same general
rules which govern the redemption Of the
larger United States notes. The rigid rules
~ here described do not apply to the 70.
demption of notes of national banks. A
national bank is bound to redeem its mutt
lated notes, on demand. in lawful money. il
il has no reason to believe that the missing
portions of the note can be used to dsfraud
The Comptroller will allow full face value
for ali such notes returned TO him, il such
value was allowed by the banks redserning
them.
In suspicious cases il is still question
whether or not banks nay allow proportion
ats value for their issues. The question is
just now ono Of great interest. The ma, ket
has been suddesly supplied with what may
be called mixed aud rsdused currency.
REvoLvERs.-The Smith & Wesson Cart
ridge Revolver is constantly gaining ground
in the esteem Of the public. 1ss numerous
advantages recommend it to all who desire
pistol At once light, sure, accurate and
having great force. This revolver not only
possesses these merits, bul can be left load
cd for any length Of time without injury,
10 not liable to get out Of order and is
perfectly safe when carried in the pocket
Many Of our citizens have had the Smith L
Wesson revolver in uss for several years,
and all unite in dsnominstine il the hsndiess,
simplest, ,surest and best weapon Of the kind
ever invented. The manufacturers. Messrs.
Smith L wesson. Springfield, Massachu-
setts, warrant every pistol when their pa-
tent cartridges are used. The trade will do
we'll to send for their descriptive circular
and price list, - the demand for this rsvol-
yer largely exceeds that for those Of any
other make.
Tas Rock ISLAND BoARD OF Trade