davidaulloa/AmericanStories huggingface dataset:
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
b. NOTICE OF APPEALS.
UNIryD STATES INTERNAL REVENUE,
First Collection .Dlstrict 0f Maine,
Assessors Onice, 80 Exchange st., Portland,

Notice Is hereby given that. nj the once ~ the As
scsor of said District, IN Iortiau IN the County 81
Cumberland. on TUESDAY, the 18th day of April,
A. d. s1u nj nine Of the clock IN the forenoon. APP
pcais will be received AMI determined by ms the NM
dersigned relative to any erroneous or excessive val
uatoIs assessments enumerations, by the Assessor
of said District, by the Assistant Assessor Of any
division, or assessment district within ssii First Col-
lection District returned In tho Annnn list for the year
lssO. 80
The law prescribing the duty of Assesso In relation
shalt be made In writing and shall specify the partic-
lar canse matter o. thing respecting which decision
error complained Of
The gh section of the Act NJ Congress, approved
July n is,i amending what j. knosn N the Internal
Revenue Law Postmaster % whom this
notice Is sent "a post the same In bis Once.
- GEORGE ~. KSOWLTON,
Evils Assessor FIRST District Of Maine.
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
1T is ALL.IMPORTANr

that the young should learn how 10 avoid the most
Affective diseases always prevalent In cyiliscd com.
munities. and hardly less important that men Of
middle age, or those more advanced In life, should
know how the lost powers Of manhood may DO TO
stared. On these and kindred matters, the med
sRLF PRESERVATION" by DIR. Hayes, Of Bos-
ton, contains surprising amount OF valuable doc.
trne and information. Our readers may judge Of
ing tho advertisement OF the Peabody Medical In
stitute In another column. April
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
A LARGE LOT
NEW SPRING GOODS
NOW 10 .. god iime 70 bay, - W have LAR0b
ASSORTMENT q NEW GOODS, and ~ snins ths~s
ExTRENHLY Low PRICES.

Bhck. Irv~,, B,s., Owen snd Dnb sln vsifiaes.
Blue, Bro~n. drrsn ssf Drab Dense Ne'h<
laies' AL Linen 1Idfs ooiy sdh
Wiie Rp'bsi Noe. 10 Alvsa kakk, 10
Good GiAsci spooa Catoos COO ydsl
Lvgs sissd sht Neu only 5
rr-oeh i<.,hrT R.ss sr u0
At.cois y1ytahas JsuDi'r Bh<rs 2,
BsvwnS 1r<hes, ~
Mn wlnslo.s soothing sypP, -
Gents Pure Lssss Bs~ss eoiy D. -
6ooi waBets, . msck Bshme, IS
Aver sarpspariils, IS p-ravlsn syvsr, IS
Isi-s' Ar finusp IIdth tvde henwsD ca,y 10
Oenss Trimmed an Lsnes Hin. '.| %
Nee LssorfmsSf Isdi~s Bsck Cts.ss eA,sp.
Je~elry .etlinG al vrry cHsAP.
B-.t vroe, Carsr's CAl MhAet,Del a.
Finy rctu~ Pknsnph Abums uretu s,yIeS)
h.xneah nslm fs The CemIsesiso "oy
PanlAiion, Pkrceis. Wiiiass'. lAnsisys, Rsh-
arisons, IIo-tstterS, Iiartshon1 Dittep, eAss.
Johrsos Anniybe Ihir,nt ousy .
raiwvS HAN Esosuse tvevy reaal
Be'. Honey and Gtyeeins Sop ps' oaAs ,
Mems and Boys sop<nSenL
Men' Paper CuJ.n tBs,t Clsn Bsffsskelsl
IHde., Embrotir~i Edse nd cerrrrd Hdts, 20
Sehsvsk's fosis and eyrsp oh tlO
Lace Co'hrs, prss Esen csas, eAeay,
Hair brushes, Truth Brsb~s.
Baek siE vslvvs Rbaoos (B<sr oviirrp
sy'cs! an fs M.eh.ai-ss tai sosss) Very Lev.
Ont Eige ESeInH Bibiss Sc 20
sBoo fLr Apruns, Nv styks. v,y Prtiy.
Curtain TassSs, Csftsin AMI FIXTURE CociS
MGR Hair on lssn,ei vhh Ni:ta Bton's Csrusl Is
nay Rum on. Jsmac, Ginger, e
RenD-'s Magic ON Only 70
fiaggs IusaB, Refkg ~
wistar's B,isan Of wh Ch>ry, 70
Jayp-s ESrccsersnt, Jsypes Attentive.
POlanis White Pine Cmroaod.
ActusDe tos Casada Bssv's Grsass), 20
Ring's Ambru-ia, Ayes MAR yisos, knesiss
Resiorrr. walisces Re.,~er, ebe~t.
Burpeils Ccsaipe &c The Hall, 20
Rrsys Nah and Frcctk Lotfo, W rcmove
Moths NIL rryski~s.
schlaierteets Mob and vrvekk Lotion
r AncnckS Poroas t1ssiers. very nv.
Rnssa 6sve, ~ Miss lawyers baiss, ID
Railways Ready Riff only -
scheoeks pills, ~ Ayers tfis, II
wlng's fflis, II. WrghtS Pms, ~
HelmboLis EStnctM B,sha, -
JAcksss Cssarh SNUFF only IS
Do. CnogisGs ipihn Rensdy t,Ees IN psiDs)
Kennciys Rheumstc Linimept
Keno-iys M,ioai Dsecvery, very eAssg.
Ladies' Ehsics anil Elastic B<uSh
Carr Comt-, e. Bea HDsn hresf,
Tooh hmhe-, 10. Noe lag Whit, 10
Be-t Mem FUN AMI P,ok Halls
Best ~, Roueo suecsrs Ilussrot
Bsst japan sw,e,,s. prcss Bstt ps.
Rah sleeve llultcss Charms. PAPER Con.
Dess Ensiish Neesibp. q Hair Pins,
Ladies fine Muslin IlaHikeschisis only
canthrak'sn co~st sasings- rns nrss
FiDs Combs. Shin ButiooS
Rnsh's S,ra,anlh anil Iroo, 81
Lyoni Kathairrn, u
And many o.irr Hss Goods. Please rsmssbs, that
cur Prices are ALvArs - Low ~ rms Loussr.
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01


THE FIFTEENTH AMENDMENT. Message Of
the President announcing Its ratification.
WASHINGTON, March 3O.-The President sent the
following proclamation 10 Congress to-day I'D.
To the Senate and House OF Rsprsssafafipes :.
It Is unusual 10 notify the two Houses OF Congress by
message Of tho PRONUNCIATION by PROCLAMATION OF the
Secretary OF State or tho ratification OF tho COnst-
tutionai amendments. In view however Of the
vast importance OF the fifteenth amendment or the
Consultation this day declared part OF thai reyer.
ed instrument, I deem departure nom the usual
once four million OF the people voters who were
heretofore declared by the hiihest tribunal in the
land not citizens Of the United states nor eligible To
Declaration OF Independence the opinion was hsed
and universal In the civilized portion OF the white
race and regarded axiom In morals rs we'll as
MhPs ns 4s boanS 70 %
ure OF grander Importance than any other ono act
of the Kind from the foundation OF our free govern
ment 10 the present Time Institutions like ours, In
which all power Is derived directly ffom the people
must depend mainly upon their Intelligence, pat
riotism and industry. lcall the attention therefore
Of the newly enfanchiscd race TO tho Importance OF
themselves worthy Of their new privilege. To race
more favored heretofore by our laws i would say,
withhold no legal privilege OF advancement TO our
new citizens. The framers OF our constitution firm.
ly believed that Republican form Of government
could not endure without Intelligence and education
was generally diffused among the people The Ia.
ther OF his Country in his Farewell Address used
this language, "Promote then rs matter or pri-
mary importance institutions for the general diu-
sion OF knowledge. In proportion as the structure
of government gives force 10 public opinion, II Is
essential that public opinion should be enlightened"
In his first annual message 70 Congress tho same
views forcibly presented, and are again urged
In his eighth message. n
repeat that the adoption Of the 18th amendment
10 tho Constitution completes the greatest civil
change and constitutes the most important event
that has ever occurred since tho nation came into
lifo. The change will be beneficial In proportion 10
the heed that Is given TO urgent Recommendations
OF Washington. lf these recommendations were
important then, with population Of but few mil.
lions, how much moro Important are they now with
n population Of I0,OO,OOJ and increasing In rapid
ratio. would therefore call upon Congress 10 take
all the means within their constitutional power 10
promote and encourage popular education through
out the country, and upon the people eyerywhe!e 70
sec 10 Il that all who possess and exercise political
rights shall have an opportunity TO acquire that
knowledge which will make their share In tho gov.
eminent q blessing and not q danger. by such
means only can the benefits contemplated by this
amendment TO the, Constitution be secured;
(Signed,) U. y. GRANr.
Executive Mansion, March %, 1870.
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

"CLKASsiSa rHE BLOOD" upon which charlatans
have harped 50 much, Is not mere cs.ch.word and
delusion. The microscope shows that some diseases
exist lilo parasitic rowths upon the globules OF the
blood and 10 Il further known that somc subtle sub
stances destroy or expcl them. These substances
have been combined ~ make Ayers Sarsaparilla,
brred and rankle In tie blood to rot out II were
the machinery of lifo. Mercer tPa.) Whig
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
Manhood, IJlih Edition,

Corrected and Revised by the Author,
L. DE r. CURTIS, II. d., " II. q. s., &C.,
Late Surgeon Turkish Contingent.
; 1 MEDICAL ESSAY on the Cause and Cure Of
n Premature Decline, showing how health Is lost,
and how rcgained. IL gives clear Synopsis OF Tho
Impcdiments to MARRIAGE, tho treatment of MN.
vOUs and PHYSICAL DEBILITY, SrERIiIrr, &C., and
the remedies thcreor,-the results of twenty years
successful practice together with an inalliblc roo-
ipe Of Lotion preventive OF diseases.
"There is no member OF society by whom this
book will not be found useful whether such person
holds the relation OF Parent, Prcceptor, or Clergy.
man. "-Loadon Medical Times aud Gazette.
Bent by mail on receipt Of One Dollar. Address
the Author, DR. CuRris, II Chapman sHeei Dos
ton, Mas. 10
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

City Marshal Bolton Of Bangor. has. during
the past year. made dity three arrer,s for sell
ing liquors. Ofthcs in about hny cases. the
sellers have been convicted. He has made in
nj about one hundred searches, in sixty Of
which seizures were understanding In all
10 1896 gallons Of liquors.
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

The Rice Divorce Suit for maud In ago, Is
causing great excitement In Boston. IL should warn
Young men not TO marry In haste. Rice Is but y,
his bride 81. lie swears that she made him believe
she was but his own age, by using Magnolia Balm
probably found her elbows weren't quito so sof and
pretty. Ought lIagan 10 he indictcd' We know OF
many similar cases. This Balm gives most won
don't object We like pretty women. To finish the
picture they should use Lyons Kathairon, upon
the hair With pretty chin, rosy cheeks, and son,
luxuriant tresses, they bSe0me irIeslstlble. iWl0
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
fhh,fracf of PLAINTIFF. Hrnl

Assumpsit on account annexed for use OF horse
si0O and for cash paid by plaintiff ut request Of 10
turnabe befoTe me, tho said Moses IL. Brackett
Trial Justice, this 10Th day Of March, A. D. 1870,
O'clock q. M, at II. II. Burhank's Office In Lim
erick aforesaid. Addsmnum sOD
true copy Of order Of Court with abstract Of The
writ.
Attest. MOSES r. BIlACKETr,
3ri5 Trial Justice.
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

~ Tho reputation Of the PARKS HOUSE, No.
ISL Washington street, Boston, is 30 well establish
ed that a word Of Recommendation seems superfiu.
Gus. IL Is nos conducted on both the American and
European plans and lie culinary arrangements hay-
ing been entirely renovated, rs restaurant IL Is
surpassed by mono In the city. Transient guests,
persons desiring permanent board, and downtown
diners will find every they want ut the Parks
ua...' - lWlJ
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

Caution In our changeable climate, coughs,
win always prevail. Cruel consumption will claim
lis victims These diseases, IL attended 10 In time,
can be arrested and cured. The remedy Ia DR.. VIE.
far's BafsaW of MD CAsrry. lwl5
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

wife. who ehecred him with her messages Of
love in the darkest hours Of the Ear, viii
mourn him. now In sadness chastsned BY the
sympathy Of the whole country. w -. -
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
Cambridge Cattle Markst -.March 20,

Prices of Market Becf-EItra $l2 % 10 ST. On, first
quality 81 90 20 tl2 sccnnd quality $40 60 % II -;
third quality 50 % 10 $40 90.
Prices oE storo Cattlo-working Oxen, v pair,
$3.50 $40, $50 "a kaD.
Mich Cows and Calves ffom SIS, SO, s75, 20 {lm.
Yearllngs fi4 % SIS, two years old SO % f3,
three years old SO % go. -,-r
Prices OF Sheep and Lambs-In lots 80 30, 81 OF,
81 90 40 Oon$ 80 each, extra s. 0p$S 70, or nom
iD Sic v h.
Veal Calves, s. % % $l50. T
Hides "A ~ Nc v h. Tallow 6 ~ 6ic Y n.
Pelts 10 10 81 rs each. Calf skins Is 20 lie Y h.
Prices Of Poultry-R1tra u "a 2!c prime ~ %
medium lie h. ..-.fy rIf. DO r... /. lH.
N. II. Beef-Extra and first quality include no.
thing bot the best, large, mt, stall fs Oxen second
quality includes the beet grass-fed Oxen tho best
stallfed Cows, and the best three year old Steers
ordinary consists OF Bulls and tho refuse Of loS..
Shccp-Extm includes Cossets, and when those OF
an inferior quality are thrown out. De I'D uEl
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
HAMILTON PIsH.

PoR CouGHs, COLDs AND CossuMPrioN.-Apothc-
carries write u.s." We know Of no medicine which
has deseryedly sustained 50 high reputation a. tho
Vegetable Pulmonary Bai,am." Prices, and ~
cents. Cutler Drpthers Co., Boston, Qate Reed,
Cutler A Col lwl5
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
SALES, WANTS, LOST & F0UND.

WANTED, TO LoAN.-Moncy on three
w and Eve years, for which We will pay ut the
CITY Of Biddefor, ten per cent semi-annrally, and
rs sccufit will give perfect titles 30 real esafe In
the heart Of Chicago, worth dc ube and treble tho
amount leaned, also when desired We will transfer
insure policies on tho property odouble the amount
loanei Pull particulars given, location VI property
and titles shown by calling on or addressing j. Il.
BUTLER, BIDDEFoRD, Maine. -
ABSTRACT.
s.OO wanted on house and lot In the best part Of
Chicago, worth 5000. No incumbrancc. Three 70
FIVE years.
800 ON a lot in a good part OF tho city worth at
least slOD. Four years.
sam on a house and lot In good part Of tho city
worth 5000. Three to 1--WE years
5000 on property described. Worth slOOO. Now
rented for $500 q. year. Insured for $500. Rare
chance. No incumbranccs. Indeed We Offer no
other Kind OF security, unless We - specify.
s6,0gD on brick church In q large city In Mchi-
gan, worth saO,OO. Interest and principal guaran.
tecd by the best Of worth double tho amount u
property given as security. Also fi,0O on church
worth SS,OOD with equally good guarantee. Ora.
HAM, PERRY 4 CO., CHICAGO. Is
one with few hundred
wv dollars 10 invest In well established bnsi-
ness In this city, and that will bear invcstigA-
ton, 10 apply Mt this Office. Reason Tor selling,
owner 10 about 10 go West 10
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
=. ylDDEFoRD, MAINE.

IIAxnroy ever .r,sd NATURES HAIR rector.
'ArIvEi You will b delighted vithit Clean, sale
md qEetsaf Itisdriyng al The poisonous compouds
out 6fthe market. Il u - clear - crystal. lwis
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

cO, Rnxvard Given TO any one who will
CkJ nCWuIus get 100 Subscribers for the
ly, full OF Exciting Stories, Witty Sayings, News,
Select Family Reading, &C., &c. Terms only 80 cts.
q year. Any young boy or girl can pocket tho
the paper one year 10 canvass WITH and full paftc
uars how 10 20 right 10 work for u cts you want
the reward. Address ONCE A MONTH, Lewiston,
Maine ..' .''f. "' -.' 4Wlt ~
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

fitscn cars. containing 400 passengers, pass
Cd over the Union Pacific railroad Sunday.
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

COUNTY or YoRK, ss.-I, Chas. A. Moody, Ca~h-
Tor Of the First National Hank OF BiddefbSd do SOL
emily swear that the above statement 10 true 10 Tho
best VI my knowledge and belief. ..-..-.
CIIAS. A. MOODY, Cashier.
Subscribed and sworn 10 befbrc me Oils nh day
Of March, Is7O. SW. LUQUES,
Justice Of tho Peace.
MARSHALL FIERCE
~. EsREPH II. RANKS, Directors.
lwib SAMUEL w. LuQuES,>
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

q An ounce Of prevention ID worth Q pound OF
cure. II you give your Ilopcs and Cattle dose Of
STEVENS CONDITION PowDERs once week, IL will
save them . good deal Of sickness. Sold every.
where. Evils
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

"TANTED-lTP PLAINLY UNDEhSIUOD
wv Oakcs' Laundry h In fnll operation, and
that no !. now fully prepared 70 DO nntsia', ~ Ws,h
Ing ironing and Polishing. 81 short notice, 10! io-
erySciy Regular family washing 4 ironing. 60 cts.
per dozen, called for and delivered. Ones, RON
fiardy's Block, City square, Bddeiord. Branch
once A. Hodsion's, Is Pactory Island, Saco. Or
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
MA, .sasersssesssessss.

DEI'ORr q The eondltion AZ Tho firss MALICE
s z q s ss::s q S'a fa Z" ''''' :
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

MOT yet found, March 25.-s50 REwAnD |.
IN Lost Friday, Feb. %, nom the rssdenoe Of Mrs.
Capt stephen Lane in Duyeon, nar Millsa largo
siie, nll FLOODED BLACK AND TAN DOG, tbo
other COLOR except little grey about his mouth,
and there NAV be q very few white hairs on his
breast, tall and ears natural weighs abcst u lbs,
answers 10 the name Of prank" Whoever will
give information whore the same may bs found,
shali receive the above reward. LEWIS d. GOOD
WIN. o. Addrvss, Bar Miils, Ne.
March II, 1870. ..f.... 9wii
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

Special I-Onces.

l'lAv1II|3 WORLD ~: =. q: i: =: =;
Sold by all News Dealers. Only six cents copy.
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

"IANTED- or hefnmgtons Army
w and Navy Rsvslvers. Also. Sharp's OF spsn.
GERS Rises or Csfblnes. Any person having any Of
CLARK A EDGERLy, funsmiths and deaisrs In
all Lind. Of sporting goods, 81 $50 Main Street. BID
deford, Maine. S@
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
ITANTgD-IT PLAINLY UNDERSTOOD

REENBACKS For Particular, address,
" with stamp. ID. BREWER, Biddeford, Me.
lWlts
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

~ Notices Of deaths, not exceeding lines, inserted
rec above That number at regular advertising rates.
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01
oFFICIAI.

Lars of he United States passed at the Sec.
ond Session Of The F6rty-Frst Congress
The Union and journal. [volume] (Biddeford, Me.) 1858-1882, 1870-04-01

ITO PRINTERS Printing Offices, by ad-
l. dressing 4. GARvIN, JouRNAL OFFICE, Biddc-
compound for cleaning machinery and rollers, far
superior 10 lye or benIine for ess than six cents
gallon! by actual trial II r. found not to injurc
rollers, but preserves them sot and plable, and Is
equal 10 soapsuds for cleaning type. IS
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-08-01
NEW YORK,
The Nathan Murder-The Guilty
Party still az Large.

New YORK, July 30.-Patrick Devy,
in charge of Professor Morse property
opposite Nathans house, watched a
carriage in front of. Nathans stable
from hslfpast L. until halfpast |
o'clock on Friday morning, when a
man Jumped on box and drove away.
1t is believed that this carriage con-
tained Nathan's murierers. The re
ward now offered for their apprehension
amounts to S25.OOO
New YORK, July 30.-There are very
few developments as yet Of the Nathan
murder, but rumor points TO the proba,
ble arrest OF an inmate of his house on
suspicion Of having a knowledge OF the
terrible event
New YORK, July 3l.-The Nathan
murder remains mystery. Many
people seem to believe son Of the vic.
tim is the criminal, while another
theory is that the murdered banker wa:
followed from Morristown, Jersey, by
an unknown man, who concealed him
self in the house for the purpose o.
robbing it. 1t is probable no clue o
the affair is vet in possession Of tn,
r.nlics
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-08-01
At'hesliua Re9ister.
The News from, Europe.

cur advices this morning tell OF 4
short, sharp engagement between the
Prussian and French troops at Saar-
hruck, on Saturday. 1t appears that
force OF 10000 French moved against a
force OF Prussian volunteers, and were
repulsed with the loss of twenty meh
and one gun The Prussian loss Is
eight
We NAV look daily for the report of
4 heavy engagement, IL is the interest
OF France to bring on an immediate
hattle. She has in hand a tull army
Of old soldiers, which Prussia has not.
II j. the advantage of France then TO
bring on general engagement before
the PrusSian troops are seasoned. The
engagement reported in our dispatches
this morning shows that the Prussians
are ready 10 meet their enemy and re-
,,rl their attacks with vigor
Our latest reports of the position of
the Prussians represented them Is hold
ing the line of the Saar with their right
on Treves and their left at Merzig. 1t
Is probable, however, that force hold
inc the line of the Saar in the present
circumstances would not be posted with
any great difference from this. At
Treves the Prussian right would prac-
rically have the support of neutral
territory. Not far from Merzig the
river Prim, a tributary Of the Saar,
runs down from the ldarwald, skirting
10 the east and south the slopes of the
Hochwali, on which the Prussians are
massel. This stream; therefore, with
the Saar and the Moselle, completely
encircles the piece of hilly country held
hy the Prussian troops, This position
j. one at which an attacking party
would fight under great disadvantage
1t enables the Prussians, therefore, to
hold the first practicable line of defense
eastward of Metz, and to hold that
proximity to their enemy in safety
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-08-01
From the New York Herald.
some of the Financial Effects Of the
War Already Visible.

The Bank of England begins to takt
precautionary measures in consequence
of the war between France and Prus
sia. II has raised the rate of discount
in orderto hold on TO IFS specie, and
thus is providing for eventualites a:
well as 10 check the drain that might
be made for war purposes on the Cont
nent. We are informed, too, that the
Bank OF France has decided to pay out
silver only, which means, we suppose
that it intends to hold on to the gold re-
serve. We hear at the same time Of
failures beginning at the London
Stock Exchange. 1t is estima,
ted that the depreciation OF securities
of different kinds in England, in,
cluding foreign stocks, between July 4
and II, was about five hundred millions
Of dollars. If we take into account the
decline OF the French rentes, Prussian
securities and all other European stocks,
both up to the 18th of July and since,
the fall in values must be enormous.
1t was said that the house of Roths-
child alone had lost about twenty mil
lions Of dollars. OF course there must
he vast number Of sufferers who are
not as well able to bear loss as the
Rothschilds, and the consequence will
be failures and general financial dis
turbance. Should the war continue
long, and especially if it should spread
beyond France and Prussia, there will,
no doubt, be a fearful crash.
Under these circumstances what will
be the effect upon the securities and
financial affairs OF the United States :?
As a matter of course our securities
have declined in common with all the
rest abroad. This is the natural conse-
quence of the connection and sympathy
which exist in the monetary world, and
is independent Of the intrinsic value Of
stocks. But in the end the credit Of
those nations that are not involved in or
directly affected by war must rise.
Though there may he less money TO
invest than in time of peace the
securities OF great neutral and
prosperous ndllOn IKE olUs VIII be
in demand and will rise high com
paratively. We need not be alarmed,
therefore about our credit abroad, how
ever long or widespread the war may
be. After the decline which takes
place at first in sympathy with the fall
of securities in general in European
markets there must he reaction.
People will be glad TO find such safe
and profitable means of investment as
the United States offer under the dis
turbance and uncertainty OF things in
Europe. We advise both the Govern
ment and our bankers and stock opera
tors to look at the matter in this light
and to prepare for future contingencies.