Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1870-05-19

10 new victories. When the National
campain o. 1872 IS at hand, it will be
found full of vitality, and ready to elect
its candidates upon a platform Of poiit-
ical progress and welfare TO the whole
country
From ae Baltimore American.
The Funding BuI--VyiII it Pass!
In the face of the positive assertions to
the contrary by letter writers from
Washington, and the hurrahs for its an
ticipated failure by the New York press
and venal money power, we are still
OF the opinion that the Funding bill, as
passed by the Senate, either III its en-
tirety or slightly amended, will pass the
House and become a law before the
close of the session. While we do not
disguise from ourselves that the wish
being father to the thought, our judg-
ment may be warped, yet still We think
to see enough, even through the fog
which envelopes the measure, to foreteil
the result with some certainty. The
game has been well played, ana every
trump las scored its point. But the
rubber is not out yet. To be or not to
be, to make it or not to make 1t, means
no more nor less than the making or
! the unmaking of the country's prosper
lity, now and hereafter, ana till by sad
/ eyperience we are taught different, We
will not permit ourselves to believe that
with such a stake foul play can have a
chance. 1t is but = few days ago since
we called the attention CT our readers 10
the interruptions mendacity OF some OF
the Washington letter writers, and the
use make by their bogus statements for
gambling and speculative purposes. AS
we stated then, orr people have been so
educated to look for Information TO the
press, that however often they have
( found themselves deceived by 1t, they
! still cling to it as the best source for
reliable information, and hope against
/ hone that what it says may be true. In
This manner an organized system OF ras-
IcaIitv has been inaugurated, to which
! the dropgame is mere religious pas
! time. I'VE speak only what we know i'll
Saving that nine-tenths of the pre-
/ tended news from Washington having
ANY bearing upon finance is cOncOcted
lin Wall street, and written TO order fol
next DAYS consumption. The lies art
bought and sold as freely and almost q:
Iopenly as beef from the shambles, or az
the daily money articles in most of The
! New York papers. We are not prepared
to affirm that the proprietors of these
papers are directly interested in the pro
! mitigation of false news, or that they art
! always aware of it. But we can hardly
IexcuIDate them from the charge of vii
full blindness in permitting their col
Iumns to be made use of for such nefari
GUS and ever recurring purposes. Ih
ID2odus oDerdndj to affect the markets il
Ianv particular item is as simple as lyin;
Itself, and requires no conjuring beyont
brass and types. If an upward move
ment in prices is required, telegram afte
telegram will announce measures for Al
increase of the currency, subsidies t
steamship lines, land grants, and ever,
lother anomaly for infia ion. a bea
! movement, on the contrary, require
treatment diametricaily opposite. CuI
tailment of currency, gold sales, Cub
imbroglios and Napoleon killing i
needed FOR that; and 10, presto i! by light
: ming speed it comes, sees and cOnquerS
But the Washington letter-writers, an
aided and alone, would hardly be suffi
cient. And here comes i'll the endorse
ment by the New York Press, whic.
reasons upon these ictions as facts, an
draws conclusions TO suit accordingly
In no Instance has this been more glaI
Iingly verified than in this very Fundin
bill now before Congress. Ever sine
, its passage by the Senate there has bee
5 an unceasing stream of Washingto
, gossip, predictions and rumors, all tend
ing to the one point wanted, that til
bill would certainly be defeated"
; you ask why this point was wanted
} look Tor the answer in the quotations fo
gold, stocks, cotton and other specula
J La
and compare them with what they ar
r now. An advance from five to fiftee
: per cent. has been the consequence
with an unlimited prospect Of augmer
: tation, unless Congress by its acts nal
the lie to tie counter without much MOI
! DELAY. This spurious rise in prices, th
{ enterprising mOuey editors of the metro
poiitan sheets call renewed prosperity
and from it they attempt to draw the il
ference, for the 'innocents abroad" +" tha
3 if the rumors of Il defeat of the bill ca
do that much, what may they not eXpe(
from the defeat itself? Meanwhile th
holders of heavy loads Of any OF thes
3, commodities, who Oh u heavy decline i
/ gold. which would follow immediatel
5 upon the passage of the funding bill
Isaw ruin and nothing better befoG
/ them, have been enabled 10 shift the
Durthen upon others shoulders, an
e now chucl1le at the credulity OF thei
S victims, and their own smartness.
f As we have already stated, there is q
=, vet not q shadow of foundation for bt
= tiievin2 in the defeat of the fundin
;, bill. Mr.. Boutwell,, General Spinne
e and the President are as eager for il
: passage now as they ever have beer
lrhe Committee OF Finance has express
} ed no definite opinion about it, certain
i iy not against il, at ali events, and II
2 one can foretell with any certainty
q what would be its fate in the House
! pressed 10 an issue. The Nations
Banks, who deservediy have the credi
OF being It's prime opposers, it seems
r us have done their worst, and ere nON
: patiently or iGIpatiently awaiting til
! result OF their lavish expenditures {
: time, talent and greenbacks. Most fol
! tunately the measure is not partisa
: ore, and will therefore be neither cal
= ried nor defeated as such. 1t is i'll fac
, and in truth the unanimous view of th
people, not ''the dear people of election
ieering fame" bat the bone and sine,
S Of labor and commerce, who demand
? return to legitimate trade, through th
lmeans of a staple currency. And thong
the bill may be slightly altered an
4 amended, we viii not permit ourselve
! to doubt for moment that sui1icienc
OF members can be found willing to sig
their own political deathwarrants b
voting against it.
BUYING NEGRO VoTES.-The Mobil
Register declares that with a millio
: of dollars apiece these three countie
(NVilcox, Montgomery and Dallasl ma,
bDy up their black votes, and for tina
! matter, the scaiawag vote to boot.
Now. we submit TO John Forsyth, say