Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1870-01-18
CONGRESSIONAL PROCEEDINGS.
FoRTY-FIRsr CONGRESS. SECOND SESSION.

. |
duced by Mr.. Corbett proposing treaty with
Great Britain for the transfer of British Colum
!, bia to the United States, which was referred tc
the Committee on Foreign Relations. The bill
for the admission of Virginia was taken up
A long discussion ensued, in which the inme
diate admission of the State was advocated by
number of Democrats and Republicans, and
violently opposed by Messrs.v Sumner, Drake,
and other Radicals. Pending its consideration,
several Executive communications were recelv-
ed and read The Senate then went into exec
utive session and at its close adjourned.
SENATE-Tuesday, Jan. IL l-Bills were pass
ed extending the port of entry of the collection
district of New Orleans, and exempting canned
and preserved fish from internal tax. The Vir-
gina bill was taken up, and motion to post
pone rejected The question then recurred on
the amendment of Mr. Drake, that if Virginia
attempts to withdraw its assent to the Fifteenth
Amendment she shall be immediately deprived
OF her representation IN Congress. Pending
/ 'scussion message was received from the
Z u adent refusing his consent to the bill fol
ire IRE Eef of Roland White, in the matter of an
Tue re-. Of pistol patent The debate on the
Virginia bill vas then resumed, pn1 Wl.nou. Hnnua
taking vote u 'e sae"uSn, ~; sAe o,oSa osna51 az
went into executl ve sesslo.., ~aS 81 40
journed. - rszolp-
-Nlr. NitHuTGW nis
ton providing for the admission Of Virgin.
and the Committee on Reconstruction reported
bill for the same purpose. Mr.. Bingham then
offered his resolution as substitute for the bill
The bill was finally ordered to be printed and
recon- mitted. The Pension Agent bill and
several army bills were also recommitted to the
different committees. A bill was passed to
amend the act of July 26, 1866, so as to con
strue it that officers who receive commission
shall be entitled to the rank and pay conferred
from the date of the commission. The bill to
employ Chief Veterinary Surgeon In the army
was laid on the table. 4 resolution was adopt
ed allowing witnesses to be summoned to ap-
pear before Congressional committees by letter
or telegraph, and providing that no expenses
other than those actually incurred shall be al
lowed for summoning such witnesses. A bill
to transfer the Philadelphia Navy Yard to
League Island was discussed until the expira-
ton of the morning hour. The House then
went into Committee of the Whole for general
debate, and Mr. Kelley read a speech on in
ternal industry. At its conclusion the House
adjourned
The South relies too much upon the credit
system. No people can prosper when long
credit is the prevailing rule in al of it's business
transactions The West tried it, and has learn
ed its folly. The Chicago Tribune, speaking of
an effort which was being made By the farmers
to revive the credit system says:
The grest security of the cash system has
long ago been demonstrated and the experience
Of traders ought also, By this time, to have
satisfied them that it is SO much the cheapest
that they cannot afford to go back to the old
plan. w hen the retailer buys on credit, tha
wholesale dealer must buy on credit, too; and
this double deferring of payment is equivalent
TO an addition of 10 per cent. to the cost of the
goods. The retailer gives credit, too, in such
eases, and often finds himself unable to collect
when his bills fall due. But worse than this |
inconvenience is the positive loss of custom
which the credit system entails. The man who
has run up bill of fifty dollars at store, and |
has ten dollars which he wishes to expend on
other goods, often avoids the store where he |
has an account, and carries his ready cash |
elsewhere. The consequence is, that the man. |
who sells for ready money only, is doing good
business, while his more accommodating neigh
Dor is poring over his ledger, and waiting vain
ly for customers and cash.
The ready-money plan is at once the best and |
the cheapest for all concerned, and no man who !
expects to pay would ever ask for credit did he |
not hatter himself that the seller will make him |
an exception to the rule. This is, however, |
impossible. The man who trusts one will trust |
another, and it is only by demanding 10 per
cent. more for the same quality of goods that
he can hope to compete with his ready money |
aeighbor. If honest buyers understood this, |
there would be less asking for credit; and if
sellers were fully awake to their own interests
they would never grant the request.
NORTHERN DEFINITION OF CARPET BAG |
GERS The New York Ne,os truthfully says : |
No northern man who has located in the South
with the purpose of making il his future home.
and of becoming identified with its interests, is
regarded by the southern people as carpet
Dagger. But there are hundreds and thousands
of northern men there who were utterly with
out character at home, and who have strag-
gled down that way aud squatted among the
negroes, with the avowed design of living 10
their midst only as long as they can make it
profitable Many of these men, under the sys-
tenn of military rule enforced by the Govern
ment, are in high places They do not hesitate
to avOw themselves temporary sOjOurners.-
When Governor Scott, of South Carolina,
visits Ohio, he speaks of going home" SEN
ator Welsh of Florida, still claims to be citi-
zen of Michigan Rev B. f. Whittemore, of
Boston, member of the lower House from
South Carolina, is now in his second term, and
is notorously investing all he can make out of
his position in real estate in Massachusetts. He
is even building handsome residence near
Boston to be occupied by himself, when the
negroes of his district in South Carolina shall
be ready so repudiate him. They are but very
few southern Congressmen of northern birth
who do not design ultimately to return to their
old homes, to enjoy the fruits of their raid up
on the section in which they now live. These
men are carpst- baggers. Their mission to the
South is entirely mercenary and selfish one.
They care nothing for the people, white or
black, beyond what they can makaout of them;
and they should be in no wise contounded with
bona fcie settlers. whether the place of settle
ment be in Alabama or New York
NEWSPAPERS The following We extract from
long article on newspapers:
They credit wider and longer, get oftener
cheated, suffer more pecuniary loss, are oftener
the victims of misplaced confidence than any
other calling in the community. People nay a
printers bill with more reluctance than any
other It goes harder with them to expend
dollar on a valuable newspaper than ten on
gew-gaw; yet everybody avails himself of the
editors pen aud the printer ink
How professions and political regulations and
fortunes have been made and sustained by the
friendly, though unrequited pen of the editor?
How many embryo towns and cities have
been brought into notice and puffed into pros
perity by the press?
How many railroads now in successful opera
ton, would have foundered but for the lever
that moves the world
In short, what branch Of industry and activi-
ty has not been prompted, stimulated and de-
Tended by the press?
The South Carolina legislature adjourned
few days since, to attend a circus Mr. De
tba oolo- 1oo - IL Al.