Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1869-05-26
Nat8r0Wn Republican.
We@nesaug, DEuY 20, 1869.
EXPLANATORY.

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EXPLANATORY.
| Horace says in one Of his Odes ID at
"the man who first intrusted his frac
lie ship to the cruel sea, had the
| strength of triple brass around his
breast" and VIC are inclined to think
if the old poet were living at the pre-
sent day, the exploits of the first mar
liner would stir his wonder and admira
ton scarcely less than the adventur
Gus courage of the person who first es-
tablished a Republican newspaper in
Watertown, and whose legitimate sue
cessors we are. How it came to pass
it matters not to say, but we find our
selves in the midst of the enemy's ter
ritory, environed on all sides by foes,
wholly cut off from government sup
plies" and going it alone on our own
hook. The situation is similar to those
we have occupied on more than one oc-
casion at the South during the Rebel
lion, and, to tell the truth, we rather
like tit suit our combative DISPOSE
tions well. Yet there are times when
it is necessary to abandon the out-works
to save the citadel and though it is not
| a matter of absolute necessity In our
case, still due regard for our person
al interests has in1uced US to make a
movement of a somewhat analogous
character. To drop all figures, we
have simply to say that we fully appre-
ciate the objections to having one side
Of newspaper printed at another
office than its own, but after due con
slderation We have concluded that the
privilege of printing the selected and
miscellaneous matter of our paper our
selves is not worth to US the extra ex-
pense which it costs, and We have ae-
cordingly arranged 70 publish the Re-
PUBLICAN in the present form for a
time at least. .aa
GoLD.-The price of gold is much
higher than it been before in several
months. The rise seems to be a matter
of surprise to many as it was supposed
by them that the steady decline which
had preceded the inauguration of
Grants Administration was in anticip-l
alton of THAT event, and would continue
till greenbacks should rise to par. But
events have proved otherwise, and that
through no fault of the Administration
There are many good and sufficient
reasons to account for the present high
price of gold without attributing it to
any bad management of our finances.
The principal reason is the heavy ex
cess Of imports over exports another
reason is the serious prospect of this
country's becoming involved in war
with one or more European powers;
third reason is the high rate Of dis
count imposed by the Bank of Eng
land, and a fourth cause, though more
temporary in It's effect, is the failure
of house in New York dealing heavi-
" in gold. Any one of these causes
would be sufficient to sensibly affect
the price Of gold but taken in conjunc-
ton they have of course had the effect
to send it up rapidly. ... .32'7
ONE WAY OF Doing BUSINESS.
A Chicago Daily is publishing in its
"Wants" column, two advertisements
for firm of St. Louis employment 81
agents. Upon another page of the
same issue in which these advertise
ments first appeared, the editor of the
paper Gale d attention TO them in a
conspicuous manner, and denounced
the advertisers as barefaced swindlers.
Now that may be business in Chi
cago, but we ale too unsophistieated
here In the country to see it IN that
light. If the advertisers were evident
swndlers their advertisements should
not have been taken at all; but, as they
were taken, we do not see what right
the paper had to destroy their value
to the parties offering and paying for
them. When their money was taken
by the manager of the paper, lhe en-.
tered iuto a virtual contract to give to
the advertiser the benefit of his columns
to the extent paid for. That benefit
they estimated as being worth GER
tain amount to them, and, when the
paper deprived them Of that benefit by
denouncing them as sWindlers, it was
guilty of a swindle but little less in
degree than the one Of which it aecus-a
ed them. -.5 80 j.
"WArER Lors. 1t appears that
some enterprising individual few
years since, being short Of cash, raised
the wind" by selling five sections of land
located in the bottom of Lake Whine
bago. The sale was made in the State
of Illinois and the property has changed