davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

tendent Of Public instruction. Her late de-
cision at the polls In favor OF the republican
candidate for Governor shows how the wind
blows in that quarter. Illinois votes for Con-
gressman-at- Large in place of General
Logan Indiana has purely local cleo
ton, and the October crop Of elections
will be reaped on the Goth, when West
Virginia votes for delegates to q consttu-
tional convention and members of the Legis-
lature.
Now, what is the lookout respecting the
elections to take place during the balance Of
this month"; In three States-Peunsylvani
Ohio, and Iowa-United States Senators are
to DO chosen by the Legislatures, and to these
bodies, more than to the election OF chiefs of
States, are the efforts of shrewd politicians
being directed. or the members Of these
Legislatures large proportion is to be chosen
from the rural districts-from the farmhouses
and workshops, the crossroads and country
groceries Of the interior. Here the
faint Of political corruption scarcely
ever penetrates, and here can more
capital be made against any party
accused Of political delinquency than in any
other part Of State where canvass may be
going on. And now comes the point and
the moral Never in the history of political
campaigning 10 this coun ry have weapons Of
such power and keenness been placed in the
hands of the opponents Of the democracy as
those welded by Tammany Hall in its mon
strous populations in this city for few years
past. They cut both right and left. They
penetrate the obtuse intellect of the dull and
unsophisticated countryman, and cannot be
successfully parted by the most adroit de-
tenders of the democratic faith. These Tam
many disclosures will be used by republic
cans during campaign wherever a man
can read-it is not necessary he should
have understanding-and their effect will,
we believe, be seen in augmented republican
majorities in Legislatures where the republi-
cans have held power and in the discontinue
Of democrats where they have been in the
ascendant, as in the Legislature of Ohio, or
where they held one branch, as in Pennsyl-
vania-and, finally, in general overwhelming
defeat Of the democracy, which is sure to pave
the way for the triumphant reelection Of
General Grant in 1872.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

BoMBAsTIo But ExoUsABLE. "A republican
Journal calls the late Syracuse Republican
Convention a ''scrambling mob of political
rufians, whose conduct would disgrace a set
Of un.utored Hottentots,' and we heard an
honest democrat the other day pronounce the
gang Of our city plunderers "a superintendent
mass OF political putrescence that stinks in the
nostris OF the Fiji Islander" Neither shot
may have hit the bulseye, but each is within
the true line OF fire.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

TIE BRAZILIAN MEMBER OF THE GENEVA
ARBITRATION has probably been appointed by
this time, il having been deemed expedient by
The Emperor to wait until the adjournment of
the Parliamentary Chambers. The appointee
il supposed to be either Viscount Itaborahy or
Mr.. Torres Homen, both Of whom are promi-
nent statesmen, at present or very recently
holding high positions in the Imperial Ministry.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

Ephesians, on which he preached. Plymouth
church, Brooklyn, was made radiant with
beaming faces, devotional eyes, jewels, silks
and laces. Rev. Henry Ward Beecher
was at his post, working with God"
as he termed it, with all the force
of his vast skill in the exercise of this saving
handicraft Mr.. Beecher is evidently coming
closer to the Divinity, for he now says, cit is so
much the better not to be in the newspapers.
The Baptist, Methodist and Presbyterian cler-
gymen exhorted to grace and every day reli-
gious discipline, according TO the rather cold
and rigid rules Of their respective Churches.
Ohio sent us very available Methodist mis-
sionary, from Lebanon, In the person of the
Rev. Mr.. White. Most Rev. Archbishop
McCloskey preached in st. Patrick's Cathedral
His Grace exerted himself in support OF St.
Josephs Catholic Seminary, in Troy. The
Archbishop was fervent, polished and effective,
according to his manner, in his application of
the Scripture parable of preparing for the
wedding feast. Father Preston was, as usual,
in powerful tone before crowded and very
fashionable congregation, in st. AIMS Roman
Catholic church. President Grant ''sat under
the minlstration of the Rev. Dr. Newman, in
the Methodist Episcopal church, Washington.
Miss Nellie Grant accompanied him. The
reverend preacher recommended, in the simple
words of st. Matthew, complete acquiescence
in the will of Providence in all the affairs of
life, the saving effect Of such q course being
equally useful to those in high places and the
lowly.
Thus do the HERALD special reports Of the
church exercises and sermons yesterday 60
forth in our columns in support of the work Of
the successors Of the apostles and to strengthen
the people at large in their resolve to 'hold
fast to the faith" which is in them.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

The ELECTIONS IN TEXAS indicate demo-
cratic victory and the probable return Of a full
democratic representation to Congress. Three
of the delegation Of four from that State in the
last Congress were republicans, so that the
gain will be very substantial one for the
democratic minority In the House,
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

TnE CHICAGO FIRE, although covering
space Of four blocks, in which only four or
five buildings remain uninjured, has re-
suited in loss Of only about $3.50, 900 or
G3OO GOO
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

WHAT OF TIE SYNDICATE AND WHAT
rs Mr. boutwell, DoING WITH IT?-The
people begin to be little curious about Mr..
Boutwelrs syndicate. They want to know
what it is exactly and what 1t is likely to do
or leave undone. This curiosity has been
stimulated Of late by the many rumors afoat
that the syndicate business is a job and that
Il will probably be a disastrous failure, with
loss both Of credit and money to the govern
ment. Then the Secretary Of the Treasury
appears to be rather nervous and uneasy re-
garding the Syndicate since bonds have fallen
and the market abroad is not so favorable.
Now, will Mr.. Boutwell, inform the country
whether the Syndicate has made bona tide
purchase Of the hundred and thirty millions Of
the new FIVE per cents, and in case Of the
bonds falling in the market it is responsible
for the loss, or If il is only an agency and the
loss is TO fall upon the Treasury Department.
An explicit statement clearing up this matter
will be very acceptable. Let US know all
about the transaction. A few plain words
are only needed. The credit OF the govern
ment is involved. There should be no trifling
or mystery ia this matter,
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09
ADJUSTMENTS THIS EVENING.

OLYMPIC THRArRk. Broadwsy-TnT BALLET PAN.
4oMInE OF huNFTY DUxPTY.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

WOODS MUSEUM. Broadway, corner 3Oth s-perform
ances afternoon and evening-THK CHILD STE ALKR
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

wALLAcK's THEATRE. Broadway and 18th street.
TnK JEALOUS WIFE.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09

ACADEMY OF MUSIC. Fourteenth street-RsaIIsu
OPFRA- SATANELLA
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-10-09


question, however, we will not now enter.
1t is more important to notice that this fresh
triumph of engineering skill, opening up as it
does vstas of commercial wealth, has pro-
voked ambition and given birth to railroad
and other schemes in almost unexampled
abundance The proposals are almost legion.
There is the old proposal for Euphrates
Valley railroad, to connect the Mediterranean
and the Persian Gulf, thus shortening by
week the present overland journey from Eng
land to India. There are about dozen pro-
posals to connect Constantinople with India.
There is all the more anxiety about this for
the reason that in a year or two Constantine
pie will be connected with the European
system. One of these schemes proposes TO
make the Euphrates Valley line section OF
the highway to India. Another proposes to
RIM through the north of Asia Minor and
Persia, passing through Teheran and on
through Herat and Candahar. There is even
third class of schemes by which India is to ba
reached through Russia. The latest proposal!
and one which is likely to win favor. is to run
q line from Trieste, along the Turkish coast, to
Salonca, from which there would be short sea
passage across the Levant, and then railway
to India on the Euphrates line, running as fsr
as Kurrachee. Enthusiasts now speak with
confidence Of grand trunk railroad which
will run across both Europe and Asia, Ind we
cannot say that the confidence Ia not justified
by what has already been done. Il does
appear AZ il the globe will soon be too small
New-York tribune., 1871-12-18
LITERARY NOTES.
,;nrst ration of the Improvement whlcn

.,oa ;r,ust ration of the Improvement winch
r,.h work sometimes passes through wneh uhuoi'
-. ny an American publisher Is found 'h h"'u
.m,chton.s reprint Of Smiths "Dcuohary u, 'n'
pis,e" They Tnt the work into the hanus vi fro, n
,I,ct, the eminent scholar and OF Dr. Ezra hooo VI
harvard College Library literary microscopes VI sn
- ratepcr They took the English edition. together
, to confusing supplements and its COMBINATIONS,
,,n ,,o nex matter and omittng nothing whether OF
text or illustration set the whole matcra ~ neW S
Nre order called in the assistance OF
~ he hest American scholars added 800 pages OF new mat
c. moi i'm ono lump, but in large number OF nPola
sddrnda 10 existing articles, enlarged tne huuoeI W
s,ations and maps brought the results OF the most
recent explorations corrected artc nul'uc. Va "a
lions txnorraphical and errors or reference anu
anal added an index covering more than fourteen ou
colunned pages Of passages OF Scrlpte
superior to the English as book OF rcirr
ence and no who has compared the Two htSo ., th
can hesitate moment about awarding the pain 10 Wv
American edition, which is one Of the rean! N"i'ao'o
books offered this season
Some of our readers may be familiar with
beautiful illustrated work entitled The Earth recent
,v notccd in our columns Of which Putnam SONS I'M
rcrtcd large edition for the holidays last year ana
which has lust been rcpubshed by the Harpers' Inc
author is NJ Elystc Erclus we'll known writer ln INC
Rersc dcs Dcr MondCS: lie is an eminent gcographer'
a man Of science aud liberal culture brave ana paui'
o,,c citizen and an honorable gentleman. NJ Eiysee
Rc,lus whose political relations have already Deeh
described hv our Paris correspondent like so many
others Of his conitrymcn. enrolled himself In tne
National Guard He member OF the balloon CORPS
during tn siege aud suffered incredible hardsmls ne
lion a few DAYS before, published In the Cft d't
Ieu),le. he earnestly advocated ,he a tthS ,t
nj difficulties nv universal suffrage tins ana INC
fart that he was member of the Intenaonae seems I"
have the only ground for Ms cOndemnauon 10 u"
,1rtat,on Her, il n case the sympathy of n"n of
science: NJ. Rcclus is wclknown in this country ~ ms
writings and pei Soudlly to Diy Alnercahs VINO gMul NY
esteem both hS character and talents He Is ono or the
most distinguished members of the Paris eieograpnca
Eoccty. and il would he gracious act ior te new
Geographical society ntcrccdc in behalf OF one whose
patriotic devotion alone has brought him TO this nn
forIunac destiny OF to offer hun the hospitality whcl
our country owes to every liberal son Of science.
New-York tribune., 1871-12-18

Foreign EXchanRe usual Saturday, has been duh
but rates were rs The s Of 1904 for prime %
days bills, and Ioo30lootfE short.
There was nothing uuusnl or Of an irregular nature
at the Clearing House this morning. and ali returns were
promptly made. Owing TO the active shifting OF loans
during the week. and the efforts Of the banks TO place
themselves In snug condition for the exgencies OF the
OCCASION money was unsettled. but the market was
softer than yesterday During the morning tho demand
was short and some brokers paid high nm eighth
per cent 10 have stocks carried over until Monday. but
as the day wore on there more cheerful feeling
nrevalent. and q better disposition shown by lend
era 10 accommodate, so that at the close money
vas obtainable at currency - gold
OF coursc commercial paper "'H neglected
The bank statement is remarkable one, showing, as
does a net gain Of strength to thr banks OF about
40 100000 This may be somewhat deracted from by tho
fact that the Ocean and two other unnportant uptown
banks are not represented; but making allowance lor
these the result amazing In Wow OF tho act tnat tnere
was no corresponding weakness shown by tho stree@
But for the great strength OF the general
the sudden withdrawal Of large an amount OF oans
must Inc vtably have produced panic AS was stocKs
were nearly all higher. After the public announcement
OF the condition Of the banks, money was freely oaheo
at currency and generally cheerful feeling preVaed
The specie item was increased less than was TO DO eA
pcced Tie coin movement Of tho week covers the ds
burscment OF million the regular weekly SAFE anu
interest on the Public Debt the receipts OF coin
in Customs footing up n,990,1oe tho specie export
amounting to S7sI CAS- result Of the movement the
banks have made gain OF 900 in their net reserve
and hold In surplus legal reserve, as SET
forth In the analysis below.
The following table shows the condition Of the New
New-York tribune., 1871-12-18

Cold has been dull, with declining tendency, and
after few sacs ut 1904, the price went of to Ic9 the
lowest point yet made the downward scale With the
stronger hopes OF the recovery of the heir apparent
the English throne and the consequent buoyancy the
London Change, gold presents indication Of i'm.
mediate rise The cash gold IL heavy carry the
paid being per cent, gold, and l6 and per cent
until Monday The Sub Treasury paid out to-day. in
dcmption of called 1898, t550OOo total thus far Of
tO13OcOo In wellinforned circles 1t is thought only
about threequarters OF million will be dsbursed.
The days business vt the Gold Exchange Bank
follows: Gold cleared Si.oD,OO0; gold balances,
t2Hs,is2 currency balances, ts,I7S262 The following
New-York tribune., 1871-12-18
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New-York tribune., 1871-12-18
BANKING AND FINANCIAL.

THE NORTHERN PACIFIC RAILWAY - LANDS AND
SECURITIES.
The semi annual report Of the Union Pacific Rail-
road for the first xix months Of the present year
shows that the NET profits Of the road during that
time were between two and half and three million
doars-at the rate of five ak million dollars year
The Central Pacific makes still better slowing ana
New-York tribune., 1871-12-18
SATURDAY, Dec. 16-P. ".

After n week of more OF less excitement,
incident to the unsettled and condition of money
and the shaking Of confidence caused by the failures OF
two or three OF the smaller city banks the close Is char
acterzcd by n more settled -nc and growing restoration
OF the feeling existing previous 10 the break, though 1t
will probably require several days TO bring about the old
confidence. Doubt and uncertainty in some quarters
NAV perhaps exist for time but when tc New Year IL
ushcrcd H. with its millions and millions Of dividend
money to scck employment, doubt must OF necessity
Weld 10 confidence, and easy money take tie place OF
present strpgency. Despite this activity the prices OF
stocks kept up surprisingly though the volume OF bsl
ness In any Of the rail ways has dwindcd into nsgnif
since the shifting Of the last few days. This inter
change stocks however not accompanied by any
serious or wide variations in prices and the fluctuations
were confined within range OF 4d4i per cent though
the average range to per cent remarked in our
usual Saturday table below. To-day the changes have
Of little importance the amount OF business
Transacted. The strongest well most active stocks
were Western Union and Pacific Mall Next in point Of i'll
Lake shore Ohios Rock Island, Wabash, and
New-York Central the rest of the list being neglected
OF the investment stock-, Illinois Central was firm at
1884. Other securities being dun. Dubuque shares
down TO a, wLic Alton Preferred was offered at l2
cleveland Columbus, Cincinnati and Indianapolis
weak SC being the best bid under the impression that
the Company will not pay the scni annual dividend
the tu starH tal as recently increased. The capital
stock in 1870 was s,I.62Oooo which has been
$lJ944.OIO. Coal shares quiet and steady. The
miscellaneous list dull and Express shares strong
80 for Adams Gl for United states 80 for American,
and 81 for Wills. Fargo & Co. Tile following ytabe
shows the highest and lowest prices Of active stocks
made TOD
New-York tribune., 1871-12-18

its bonds worth three per cent moro than par in
the market II Ia not surprising in the light Of such
facts as these that the Northern Pacific loans meet
ing with such striking aud rapid success. II tho
present Pacific Railroad is thus prsftablethe North
ern road must be greatly more 30, for it runs on
much shorter line the continent traverses an
infinitely richer region, and is building at o far
lower cost but the bonds not only first lien on
the road itself and all its property but arc in addi-
ton first mortgage upon valuable lands at the fate
Of 23OOO acres for every mile Of road built, or up
ward Of 100000 in the aggregate These lands be-
long absolutely to the bondhoders until every bond
is redeemed and as the proceeds Of oil sales must e
devoted ut once to buying and cancclng the bonts,
as long as the latter be had at q price not ex.
ceeding no. an advance above par must speedily bA
brought about.
At the present price Of par and accrued interest IN
currency the Northern Pacific bonds arc q very in
viting and profitable investment. They bear g. 10
per cent interest in gold per annum, they are
negotiable in any market and are finally payable in
gold.
Five-twenties and all marketable securities re-
ceived in exchange at current rates.
Full particulars furnished by
JAY Cooke & Co.,
New-York, Philadelphia, and Washington.
New-York tribune., 1871-12-18
THE MARKETS.
iCar.iully Reported Tor TEE rRibuSl1

SATURDAY.. Dee. l6 le7ll
ASIES-Pos moderate and the market
$sd S8 So Prars and 6rn at Sll.
COTTONSpot been moderate demand wthou3
change prices holders refuse
CONCESSION; sales pi bales c! last EVENING" Of whea
l4 for @ for consumption and 10 for speculation Fn
limited demand at 70 the market showing ans
follows bass Of Mding For future Do
hery-Last evenngDece,nbe 10 l56c January. 500 al
9iec ls, - Jl6c lsc February 100 a,
l9ic, l9}c March 2DI 10 3c April, 10
2o!c tos 3loo bales TodayDeeember. 200 ielc 800 AZ
9lee 2n s Ssbs1y 500 at sic loo .. II l3le hs"b
April h0 af20 bloc. lOJ 300 ~ 6 as
2oic; Msy lV !Oc total loo bales Grand total 5os bals
New-York tribune., 1871-12-18
Mem publications.

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New-York tribune., 1871-12-18

State bonds were weak South Carcinas and Tennes
ses moro particularly the former which declined from
20 to al for the January and July issues ana el9Sea '
27,. Tennesses receded ia1 pei cent to o5. Next in
point of interest was Virginia ss, consos, which re-
manned frm at e4sa644. sac Of Missouri 6s was
reported at 97t, cash. The following were the bids:
New-York tribune., 1871-12-18

Tho Philadelphia stock market was steady to-day
Pennsylvania ss. third issue, sold OF 1903; Phadel-
phia and Erie Railroad ~; Reading Railroad. S7t and
Pennsylvania Railroad, 81. Gold closed ut 1921.
New-York tribune., 1871-12-18
And the following for city bank stoc

In railroad bonds there weldistrbuted business;
though the market devoid Of any special feature.
Tho Pacific mortgages sold follows: Ccntrals 1c2S0
l03 Union Pacific lsts 9Ol aud Land Grants 7si 97s9