Grant County herald. [volume] (Lancaster, Wis.) 1850-1968, 1868-07-14
A-Greater than a Lord or King.

An association has been formed in
Washington to raise $4,000 among
the colored people to purchase a
homestead for General Howard. 1t
is proposed to collect but one cent
from each colored man, woman and
child who feels disposed to give that
much. 1t is believed that out of
100000 people Of color in the Unit
ed States, at least 100000 will con-
tribute, which will make up the sum
proposed. This money to be col
Iected through Sunday schools, day
schools, and churches of the whole
country.
Gen. Howard, like his namesake,
the Philanthropist Howard, is ope
of the great men. When the world
becomes sufficiently cleansed of its
selfishness and moral pollutions, such
men as Howard can be made Presi>
dent. Until then we shall have to
choose between politicians and wars
riors.
THE Cosr OF NoNsENsE.-It is the
demagogues' plea, says an exchange,
that torcible reduction on the in>
terest on the debt by it's taxation,
will be saving to the country. But
the country loses incomputably more
by the fall in the value of its securi-
ties than it gains by the. subtraction
of tenth of the interest. Our bonds,
on whole, have declined, we may
say, one per cent. since the intro
duction into the house the other day,
of the scheme of semi-repudiation,
and this represents a decline in the
value of our Understanding securi-
ties of over twenty millions Of dol
lars, or twice as much as the entire
amount which the scheme proposes
to save 1.-THE measure should pass,
we have no doubt our securities
would decline four or five per cent.
moro, or what would represent a
loss of over one hundred millions in
the value of the national promises to
pay. Then, il, under the menaees OF
this breach of contract, our bonds
in Europe should begin to come back
AS they are almost certain TO do
we would be still worse off. The
fact is that, in this matter, the part
of Justice and honor is the part of
economy and thrift.
CONVERSATIONAL STRAws IN THE
DEMOCRATIC CONFERENCE.-THE New
York Times reporter in an account
of the Copperhead Convention says :
Public talk in public assemblage
is legitimately public property when
it serves as straws to show the cur
rent of feeling. A Northerner and
Southerner, both members of the
Convention, met in one Of the aisles.
The Northerner had fallen under the
suspicion of the Government during
the war, and the Southerner mad oc-
cupied q confidential place in the
rebel Government. These two meet>
ing, the Northerner hasteDed to as
sure the other that the south had
had his sympathy during the war,
and the other answering that be had
been aware Of il and had followed
the Northerner's history with great
deal of interest. A conversation en-
sued that raised doubt whether, if
these men should succeed in electing
their ticket. it would be the galvan>
lied Confederacy or the United
States of America in which we would
live.
s@- Henry Meiggs, of San Francisco,
has made contract with the Peru
Wan Government to build railroad
from Islay to Arequipa, distance
of one hundred miles, for tie large
sum of $4,000, 900, or $4,000 per
mile. The contract binds him to fin
ish the road in three years, with pen
atty of $4,000 for every month ex-
oeeding that period, and bonus Of
the same amount for every month un.
der three years. The elevation be is
compelled to cross in that distance Of
one hundred miles is Z 900 feet above
the sea, and the route is mountainous