davidaulloa/AmericanStories huggingface dataset:
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-12-28
The President on the Currency

WEST CAsCO, Dec p.
The President remarks, IN his message
TO Congress, that it is our solemn duty
to provide a national currency, Of liked,
unvarying value, as compared with goG
and as soon as practicable, having due
regard to the interests Of the debtor class,
and the vicissitudes Of trade and com
merce, convertible into gold at par.
Now we would like To make few r.
marks, and ask few questions, with re-
gard to this solemn duty, and we would
like 10 have reply, either from the Presi-
dent or some Of his hackers in this opinion.
We certainly do not expect every man who
may be President Of the United States "
be an expert in all sciences. A man may
be very good President and know little
Of theology or metaphysics, history Or
sciences, and it is not absolutely necessary
that he should be deeply versed in finance
and political economy nor Dc we blame
him for consulting tinanciers, and obtain
ing their opinions, but he should renem-
Der that the systems Of tnanciers are
arranged with an eye to their own pockets,
and not with single eye to ths welfare Of
the community. And what the President
pretends to know and recommend on these
subjects he should understand 81 well that
his utterances should at least have the
merit Of common sense. But il ia hard 10
reconcile with common sense his assertion
that = it is our solemn duty to render our
currency Of fixed, unvarying value, Is
compared leith yoLd."
That fixed, unvarying value is one
Of the most material qualities W A cur
rency, that variations IN its value is a
great evil, that Il u principal means "
fleeing the producing classes, OF making
the rich richer, and the poor poorer, that
1t discuurAges production, lessons wages.
throws men out Of employment, does harm
Ia everybody but the capitalist, does good
To nobody but those who live and get rich
ON others labor tins is a doctrine held bV
all political economists, aud denied Nv no-
body.
But what governs the value Of the cur
rencyl On this point, too, economists Ars
unanimous. The value Of a currency
whether paper or metallic, is governed by
quantity. IL follows, Of course inevitably.
that when any community controls the is
sues Of its currency, ia amount or quantity.
it controls also the value Of that currency.
The value Of paper currency, Therefore
can be exactly fixed, and kept unvAryingIy
to that point, W any community winch
chooses 10 do 50, by adapting its quantity
to the different demands OF the Different
seasons. But aspecle currency is not 40
easily Oontrolledt Gold - a commodity,
and has a mercs.Atile value il is exports.i
and imported, ard made scarce Or plenty
according To the iemands Of commerce 4,
quantity, and, Consequently, its value, al
ters and varies tpm day TO day. The p.o-
pie Of Englandhave suffered much t-o,,,
this cause IuriIt the past summer no.
withdrawing thu, w means u checka MA
bills, they do rvater amount Of lsDs,n,.s
with the same honey than any other M
ton in the W4d; but the quantity = +,
their paper euEency governed BY the
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-12-28
The Chicago Losses.

SAND CREEK, Ind, Dec l., 1872.
To the Editor u the woRkISoxAS's ADVOCATE.
We have had a great amount of conten-
ton among some Of the men here about
the estimated loss by fire i'll Chicago, IN
October 1871 Please answer through the
columns Of your valuable paper, and
ablge CONSTANT READER.
ANSWER. The question propounded
here is one that can never be accurately
answered The best we can do is to pre-
face our estimate by telling a story Of a
Chicago alderman, in the olden time, whose
pride 1t was to be considered boss at n
4 rattle for COW, and whose name inva-
rlably headed the list Of managers, when
ever shlndig was given in the neighbor-
hood Of Ar avenue. 1t so happened
that once OF twice it had been misspelled
at which he professed to be very wroth
Coming into the office one day with a
number Of friends, who expected to Off IL
ate AS managers at Christmas eve ball. he
expressed the desire that for once at least
his name and initials should be o. H.
Very good air, we replied, do your
own spelling, and they will be printed a.
you give them" He made the attempt
but failing To satisfy himself, exclaimed
. don't be foolIng nov, sure I'm not partic-
ular to letter or two.
But to our answer The United States
Insurance Companies lost So, 82l, ~,
the foreign S5,8l3,OOO, making great
total Of sSs, 634, l22 The following state
ment, which places the direct losses at
s2oO, 100000, is perhaps as near the truth
as can veil be arrived at
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-12-28
FROM MICHIGAN.
PONTIAC. Dec. 9. liz

PONTIAC, Dec. y, ~ ~.
To the Editor o. the WoEKiSsNAN's ADVOCATE.
Cooperation has long been reconnend-
ed as a remedy for the evils which labor
endures. The working class are costant-
ly advised to save their money ah start
cooperative establishments, and W k for
themselves. But it ia easier to recosmend
this remedy than to act upon it. sd yet
corporation is the one thing needle. Its
benefits are seen ON all sides. Every
trades and labor union exhibits ctOpera-
ton. Every factory, Workshop, CD mine
and railroad shows its advantagea Each
shows what organized capital and libor can
accomplish. These industrial combinations
create and distribute q vast Auount Of
wealth, but the division Of this teslth IA
too one-sided and unequal. Labor does
the work and capital has the profits Labor
builds cities, railroads and factions, but
capital owns them all.
IL is hard work for labor, with its six
penny savings, to cooperate and ONE into
competition with capital and ID banks
Labor cannot work out its redemption by
any such slow process. Neither il ii nee
essHry. Capital, through its legislative
machinery, decides what shall b, received
by the community a. money, low much
o. this ' money" shall be issued and who
shall issue it, borrow it, and mae use Of
it. What is to prevent labor rom dong
the same . Nothing but its ignorance,
supineness, and lack Of orgAniEsion.
What is the money" which Ays wages,
buys products, and regulates he whole
business operations Of the whAe nation
Let us look at greenback. nat does 1t
say 1t says that The linked States
will pay to bearer one dollar" And q ma
tional bank bill tells the SINE story.
Neither bill Processes TO be dollar" but
ID only promise to pay dollar ut some
indefinite time. Our whole cteulation il
therefore nothing but q legal lied sham,
based ON the old gold and zlver dollar.
Its intrinsic value is worth ohy the cost
of paper and printing. u isnOthing but
q promise to pay" gold or flv-r dollar.
Now, 50 far As its use goes, in the exchange
Of commodities, paper PrOmDe u m good
as gold dollar In fact, thsdays Of the
gold dollar have passed away, and we shall
never see them again. 1t > Legislative
authority that gives circulating value to
the paper promise. We have national
banks issuing probably aix hundred mil
lions Of dollars Of these paper promises.
Our monetary system is one Of the most
cheats ever invented, for it en-
Ablea moneysd class to draw one interest
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-12-28

he han1 "a valve that was used to let the
hsat OUT Of the = Impervious Heat Insula-
tor, which snrrounded the entire comet,
and gave il vigorous turn, when, horror
the intense heat rushsd cut, the comet
collapsed, John felt the fire on hin hand
thoughts Of his wife and children flashed
through his brain-he fell down, down,
down, through the air-hs knew h.s last
moment had come. I'm deadf he said.
Eyes, you old fool, dead drunk I
wish you had burnt your hand clean OH on
the stove. You've split all my dish- water,
any how ! You're . nice man, you are
TO 60 and gil yourself full Of whisky and
then sit in front Of the fire. until you're too
drunk to sit up in chair, even Go 70
bed, you old fool r.
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-12-28

ate our Trades Unions, and render them
All-Powsrful for good
Organizations intending to senl dele
gates are requested to give notice 10 this
office previous to the seasion.
Organizations entitled to more than one
delegate, and sending but one, are rsquir-
ed to pay the same amount as though fully
represented.
Any further information that may be
desired cali be obtained by a.Il -essing.
VIM. J. JEssUP, President.
IL Norfolk St, New York City.
NJ p MckKARNAN, Secretary.
Troy. ~ Y.
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-12-28
Our Correspondence.

1t is seldom that we present to our read
ers a choioer budget Of correspondence than
We do this week Each letter is worthy
Of careful perusal They Are all from men
of experience and careful training, who are
thoroughly versed on the question Of which
they treat what is better still, from
men who are genuine Labor Refonners.
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-12-28
CHICAGO, DETROIT AND CINCINNATI,
pECEABER =. Is7a
Our Christmas Story.

We surrender our editorial and news
columns, in the present issue, to our
" Christmas Story, which possesses more
merit and originality than half Of the
originals " which find their way into
public print. Read it.
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-12-28

AohAt .e&polvvvuDv
Now We have done the best We could
under the circumstances, and our only ad-
Wee to our Indiana friends is gentlemen
don't be too particular about a million or
The workingman's advocate. [volume] (Chicago [Ill.]) 1864-1877, 1872-12-28
C0RRESPONDEMCE.


I'VE do not hold ourselves responsible ior any Opin
exprsssed by our Correspondents.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01
MANCHESTER ITEMS.

MEETING PosTroNED.-The committee ap-
pointed at a meeting Of the citizens held
recently to adopt measures looking forward
to the permanent development and improve
ment Of Manchester, have, after consultation
with the chairman and other citizens, dc-
cided to postpone the second mcatlng until
Anil 9th. The reason for the postpone
ment is the good one that the committee has
not been able Us yet to obtain full and cor
rect estimate of the work necessary TO be
done in paving, grading, &C., of the streets,
other contemplated improvements, and the
actual cost Of II separate town government.
It is designed to make this meeting the
largest one ever held in the town limits, and
the committee request the attendance Oh
every section, profession, and interest in the
town. BY nothing but unity ofpurpose and
concert OF action, coupled with energy and
enterprise, can the objects sought be OBJ
tanned. 80
MEETING OF THE TRUSTEES. Board met
in called session. Present, all the members
except Mr.. Crow. : ~. -fr---il 's.'h
The slate factory was ordered to be rented
as woodward to ]. r. Hendricks. A deed
of transfer and lease was ordered from Brad
lev & Co. to G.. B. Stacy & Sons.
The Committee on Cemetery reported pro-
gress, and were continued. y
The Town Treasurer was ordered to pur-
chase nineteen feet front of land in rear OF
the Methodist church.
Messrs. Fowler and Wilson were appoint
ed a committee to attendto repairs on engine.
house.
DR.. Chiles presented an ordinance repeal
ing the existing ordinance giving one-half OF
fines received for violation OF town laws 70
informers; also in view Of the fact that many
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01
New York Items.

New YORK, March 30.-A meeting of Ger
mans was held here last night to aid the
movement in favor of the Cincinnati Con-
vention. Numerous subcommittee were
appointed.
Tcnne c.. Cliiiin drew crowd to the
Academy of Music last evening, where she
was announced to lecture on Behind the
Scenes in Wall street." Her hearers, how.
ever, instead of hearing her on the subject
advertised, heard open denunciations OF mar
riage. She was frequently Kissed.
The bond-robber Henry Newman ahds
Dutch Heinrich, has been CONVICTED and sen'
fenced to ten years confinement.
The smallpox is increasing in Brooklyn,
and the hospitals are being enlarged.
The coroner's jury over the lady who dice
in dentists chair have rendered verdic
that she died from asphyri0, but they con
demn the manner in which the gas Is manu-
featured and the careless manner III which
is administered. .....-.- ,...f....;, +
Judge Noah Davis, United States Attor
ncv, states that the reported indictment
eX-District-Attorney Samuel u. Courtney !
untrue. - :
The physicians report 10 change for tn
better i'm Professor, Morsc's condition. I'll
is unconscious, and his death is hourly NJ
pretended. :. '
Charles A. Dana, en- route from Washington
hither, was arrested in Philadelphia Tor line
Five suicides have occurred here sine
yesterday noon.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01
VOL. Kill.
How Ia this, Mr. Iwakura ?---Is this the
Way the Japanesc Rcciprocste the
Courtesy Shown flcrn by Foreign
Powers e---The Persecutfons Of q Year



Way the Japanese Rcciprocate the
Courtesy Shows them by Foreign
Powers 7--.The Of q Ycar
Ago Repeated. 80
/, From the Overland China Mail.
In Japan the most barharous prosecutions
OF the Christians are being again carried on
The cvuclticS of 1870 are said to be now in
process Of repetition. the Prince of Saga
being the instigator, and an official from the
Mikado's court being the superintendent
torturcr. The NaSaS;lki Gazette devotes a
long article to the subject, and gives so many
statements Of fact in course thereof that we
feel constrained to respond to his call upon
the brethren of the press 10 assist in eX-
posing to the indignation of the civilized
world the iniquitous prosecutions which
the poor native Christians are being
daily subjected to in Nagasaki, and to
raise their remonstrancC, rs in one voice,
against our Christian Powers tolerating in the
future such an inducemcnt to the merci-
less Government Of japan, rs that which
the absence from our treaties Of any clause
protecting the Christian religion now pre-
ScntS.' II is said that the number OF in
tended victims is over two thousand, and
that they will he seized and carried off in
small drafts, so as to he operated upon and
improved oil the face Of tho Empire in as
quiet and unohtruSivc manner ns possible.
The performance OF this latter good intcn-
ton of saving the consciences of inactive
foreign statesmen in Europe and America has
been fortunately prevented 10y the Gazette
article, and We GLADLY aid in perfecting the
prevention of such an iniqllity. 1t is
sud to havc to record. however, that
one batch of SiNty-Scven heads of fami-
lies had already been disposed of, and i'll
this land of the rising sun, which is speedily
hcinu enlightened and is advancing rapidly
towards 7tcrial civilization, the second lot
was to have been lcisurely murdered during
the frs, week of this year. From the pri-
yacy with which this effect of advanced civil
,izalion was being carried out, the miserable
victims were being playfully twitted i'll this
wise This time your friends. the foreign
crS. shall know nothing Of your torturings
and suflerh"s." IrakrUa the official at the
head of the Western embassy IS ono o. Me
greatest supporters Of This eno'nuty. SIDE py
side, material progress is making rapid strides;
tho railway is nearly completed, the teie-
graph cable is now in working order; the
Government has officially notified that rice
may lc sold for eXportation on certain condi-
tionS. and permission has been given for na-
tive women going abroad.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01

| persons have receipts for taxes paid between
| 1865 and '70,' of which no account has been
made to the Town Treasurer, that arrange
ments be made to prevent further presenta.
ton Of such bills.
Various bills were ordered to be paid, and
other unimportant business transacted.
AuDACIoUs RoBBERY.-The various injunc-
tions against and other opposition to the con-
struction of the free bridge having failed OF
their ot.jet, some audacious robber under
took at least temporary suspension of
active operations by tearing downand carry
ing away several of the derIicks used by
Captain Vickers in procuring material at his
quarry, near the Belle Isle connection.
Captain Lipscombe has the matter in
charge, and viii, we trust, succeed in bring
ing the perpetrators of the outrage to justice.
There had been before several small depre-
dations on tools, lumber, &C., but this is
nothing on q large scale. But we are glad
to know that the work has so far advanced
that human Intervention cannot prevent its
early completion.
VARIOUS ITEMs.-The semi-annual parade
and washing of the Alerts takes place this
evening. Their elegant apparatus is rs bright
rs new pin.
The supervisors adjourned without trans
acting any important business. The court
house controversy remains unsettled.
Dale Lodge, I. o. NJ. fis in tlourishing
condition. Propositions, continue to come
in.
The Republicans Of Manchester township
have commenced their usual pow-wows pre-
paratory to the opening Of the spring CAM
paign.
We had nothing new Saturday from the
granite headquarters. Both parties claim to
be" all right"
Captain w. /. Clopton has been elected
president Of the Tuckahoe railroad
There is said to be some doubt of the ad-
mittance to the April Convention of the
delegates selected by the Chester Convention.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01
TELEGRAPHIC NEWS.

New York Stock and Money Market.
NEW York, March 30.-Tbe banks state
nlent shows decrease in loans of nearly
quarter Of million; specie, increase OF
nearly two millions; legaLtcnders, decrease
nearly one million; deposits, decrease over
half a million. - ~ t-.f,
Money stringent but closed easier at 7 per
cent, currency to gold. steiling dull at 9 to
81. Gold, 110 to 110s. Governments not
very active; opened about ! lower on 5-20's
of '62, '64, and '65, and better On 1O-4Vs !;
closed strong, with advance Of ! on 5-2O's of
May and November, and on those of Janu-
airy and July 'sl's, 115; !; '62's, 1124 '64's,
1l23; '65's, 1928; new, 11ls; '67's,, 112S;
'6S's, 1927; 10-40's, 1881. State bonds very
dull: Tennessee's, 81; new, e6s. Virginia's,
81; new, 56. Louisiana's, 5s; new, 56.
Levees, 81; s's, 80. Alabama's, 81; 5's, 60.
Georgia's, 73; rs, 81. North Carohna's, 81 !;
new, 2ls. South Carolina's, 81; new, 3Ss.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01
LOCAL MATTERS.

Bound OVER TO KEEP TIE PEAcE.-On Fri
day morning there appeared i'll the "want-
ed" column Of the Dispatch an advertise
ment in regard to the Howe sewing-ma-
chine which was considered offensive and
personal by the local agent of the Howe
Company. The agent responded in Satur-
days paper i'll terms by no means compli-
mentary to Major John Johns, the writer of
the first advertisement. Detective Jack
Wren being satisfied that these publications
were about to lead to a breach of the peace,
obtained a warrant upon which he arrested
both of the parties-Major Johns and Mr.. F.
a. Judge. They were tlken before Justice
White, and by him bound over in the sum of
81 900 each to keep the peace. ..
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01
rRAND SACRED vOCALA AND ORGAN

The choir Of the Second Baptist church, assisted
by number of their friends, will give u GRAND
SN CRED VOCAL AND ORGAN CONCERT In thc
church upon the occasion Of opening their new
Instrument, on THURSDAY EVENING next 4h
April, ut which time-in addition 10 ecveral mag
nihcent overtures upon the orGan-will be sung some
l,trtettes with organ upanimcnt By tile most
distinguished composers, such as Handel, Haydn,
Mendelssohn, Rossini, NiColai, GcunOd, Schubert,
Rhighini, and others - si .--
At the request of the ladies' and gentlemen taking
part I'm this musical rclilon all names will I've omit
led but VIC assure our friends that some OF the best
talent our city affords Will DC employed.
The concert will commence precisely ut half-Ins
O'Clock. The church doors will be opened three
quarters of an hour previously
Tickets rs cents. Children under! twelve years OF
age. so cents.
Tickets can be purchased at any time before the
concert from Messrs West s. Joluiston, Starke &
Ryand Ellyson & Taylor, 4. PiZziIi or the Ricl.-
mond Banking and Insurance Company. They VIII
also lc sold ut the door as usual. mh2s
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01
Destructive Fire in warrenton, Va.

-.... special telegram 10 tne' DlSpatch.
WARREsToS, Va, March 3e.-About half.
past 10 O'Clock last night fire was discor-
cred in the kitchen of the Warrenton House
hotel, which soon enveloped and entirely de-
stroyed the whole hotel building. The fire
also destroyed Mrs. Howard's house; Col
ways house. occupied by Mr.. Kloman as a
drug store; the tin and sheet iron store of
Jones & Williams, and ScIlwab's dwelling
and store. The loss on the buildings amounts
to about $4,000, and on personal property to
$1,000. All the houses were built of wood.
No serious personal casualty. The hotel was
insured for about $4,000 in the Mutual Assn.
rance Association of Richmond. I have not
the facts about insurance with regard to
others. tr'r
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01

THE THEATnE.-The engagement of Mrs.
Oates closed on Saturday night with Il Sue
ccs>ful performance of the Kings Secret
before fine audience. Mrs. Oates never ap-
peared to better advantage. There will be
many who will long for her return to Rich
mond next season.
Junius Brutus Booth will make his first
appearance in Richmond with splendid
dramatic company tonight. AS the engage
ment is only for two nights, the management
have selected the plays in which Mr.. Booth
has achieved the greatest iStinction-lIamlct
and Othello---for the display of his rare
talents. Hamlet is billed for tonight. Re-
>scivcd seats Zone dollar each) may he secured
at West, Johnston & Co.'s bookstore.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01
AUCTION SALES THIS DAY.

RICHARDSON & Co. will sell st p. NJ fcsrr builti
q ing lots In Ritchie's plan, on Harvie Taylor ant
Williams streets.
". GODD1N will sell at P. nj. lot at the south.
west corner Of Main and Clarke streets, iu Sid
ncy. .r.t,.. E..r.r 3. ..i.
LYME BROTHER will sell at4 J.. NJ. a two-story
framed dwelling on the east line of Adams OF
New street, Union Hill. .i@f tsii u.
MOODY. & ROYALL will sell ut r. II. valuable
real estate In the town Of Manchester. s.,
MOODY & ROYALL will sell at % P. NJ. five build.
ing lots In Marks addition, Manchester.
THOMAS W. KEEsEE will sell at his rooms, nj
10 O'Clock. pianos, books, household furniture,
sewlng-inachincs, &C., &C. . , .
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-04-01
Fire In, XarrcnfOIs, Xa.

WARREsroS, March 30.--A fire occurred
here last night consuming about $50, 900
worth of property, half of which is covered
by insurance. 1t originated from an un-
known cause in the kitchen of the
Warrenton House, owned by 3. NJ.
Campbell, and kept by s. 7. Ashby.
The dwelling occupied 10y j. A. Grimsley,
the storehouse occupied by E. F. Kloman.
druggist; Jones IL Williams, tin and sheet
iron manufacturers, and the dwelling
and store of Anton Schwab, were wholly
consumed. The houses adjacent were some,
what dcfaced, and their contents, which were
removed, were considerably damaged.
The insurance companies sustain about the
following losses: Baltimore Fire Insurance
Company, 5000; Southern Mutual, al
Richmond, $500; Georgia Homo, $4,000
and the Phoenix, at New York, $4,000.