The Richmond palladium. [volume] (Richmond, Ind.) 1855-1875, 1873-12-06


nEs in the many cities where work has not
,een commenced; in appropriations for river
md harbor improvements, In those localities
where improvements are of but little benefit
% the general commerce; and for fortifca-
ions. There is stili more fruitful source
,ut. refer to the easy method Of mannfactur.
ng claims for losses incurred In the suppress.
lion OF the late rebellion. / would not be un-
- in opposition to the erection of
y0Od, substantial or even ornamental buildings
y the government whenever such are needed.
N tact, approve OF the government owning its
OWN buildings in Ill sections Of the country,
md hope the LAY Is not far distant when it viii
not only pos sess them, but will erect In the
capital suitable residences for all persons Who
now receive communications for quarters, or
rent ct government expense. and for the cabi-
which may induce them to erect buildings for
their senators. But / would have the work
conducted ct times when the revenue Of the
country would abundantly justify It.
THE PANIC.
The revenues have materially fallen off for
the last five months Of the present fiscal year
rom what they were expected to produce,
owing to the general panic now prevailing,
which commenced about the middle of Sep
tember last. The full effect Of the disaster. II
It should not prove . blessing in disguise, Is
yet to be demonstrated. In either event It.
by wise and well considered legislation, - far
- 1t lies in your power, against it's recurrence.
and to take advantage Of all benefits that may
have accrued. Ny own judgment is, that
however much individuals may suffer, one long
step has been taken toward specie payments;
perity until IN entire new basis IL
and that . specie basis cannot
be reached and maintained until
our exports. exclusive Of gold, pay for our i'm
ports, interest due abroad, and other specie
able accumulation Of precious metal In the
country from the products of our mines. The
al our mines during the past
year, and the prospective development Of them
for years to come, are gratifying In results
Could but one half OF the gold extracted from
the mines be retained at home, our advance
toward specie payment would be rapid.
Toincrease our exports, currency is required,
to keep all the industries of the country en-
ployed. Without this. national e wen as
individual bankruptcy must ensne. Undue In
hation. on the other hand, while It might give
relief, would only lead to imitation Of prices.
The impossibility Of competing, in
our markets, for the products Of homo
skilled labor, and repeated renewals
Of the present experience demonstrate that elias.
ITCHY In our circulating medium, and inst
ness Of the country and keep all Industries en-
Ia snoCio &ho roconu,-o1 ,,,nI9;,,,. "a .-.S~---
the vorS1 cver Th.t "tt.;Ue1 iI N y, Gm1SSuanke
crrrercv ~ an a~:ct Sa.ssa Sns aI. IavS
ffthere h To- r.ucn - !. to.ts ,.,.,e .astic.ty
nnses of trsSe .nS =, sne puT
r. tSs conntrv.W to- Ist.Ie H. vii n. nov guy
reanit r. hc,a vhst 49, ~. "a ososoo ~
o,,r c"r-ercv ~ tn.t st.oa.. .nu sppI9S.Hte
Seserv;r~ ~ The mat se-;o,,s .,.,h. p.vpae =.
Gorrra.s ~. exus-,s~ns 70 .h ..;o1 OF
Suk'I th.t the ,,ra y. -. t ne panic has
b.seS a. Il 10 on ~. c-e az o Us1nt 81
conrtrv Z. the hot th.4 h.s ,,ea~ as,,a ne
times ~ snch tr;.Is No. c. von ~o IN
~cr4hl.s. cr 40 ,rnch d.rs.o;staSy v.Aoe
tn inAsta The neceses,;ss r. Hss :. - ss.u0 p
18th the cnrrerrv r.sr " -. .I n - S r
heer anrions - a;.n"sa - Il ~ n0 an - nas
Mo- ve vitrr.s tka r"re.sa = unlas.:y seis'
rencv ho"rS n :. th.v S,d ~c,a =, &C., vi CUT
FENCES If : Ike .atnre n !. r.t.ns - ~ ~
mnss casnsl ohservsr that ,nuch .o"sa .,, s.se
Il rennired tn trsn:.ct ~. Sscs4;r..tyy
tr.ae at the countrv dnr;nr the Se,, IN ~,
tar monthe, vhen vsst cron. ara h.;n~ ~.n,nI
than dnrino the hsi.nce4,f ths -. rs.S s ~.
nresent svafsm the .momnt ~ A. .o.,.t IN gu
msins the ssme thronohont the srt;-s -. 70
and resnita- In an sccnmnIefior oS an cuyI...
canitsl Of the cnnntrv IN = fev c.rta-. I k.ue
nat emnlo1ed In the moving ~ ~ .-,,sa
Tempted thereby bv the offer ~ ,rt.yrps:
on cali losns. interest lin.
paid. this surplus capital mnst earn III:
~-Rcc- AAs.0s 0ssAu slAA9