The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1873-03-22

which, it was thought, would be Gan
gerous to every subsequent executive
session. Of course the proclamation
of the President calling this session OF
the Senate was requested to be read,
and accordingly it was read; for the
purpose, however, to have entered III
the Congressional proceeding as a
basis from which to argue in opposl-
ton to accepting Senator Howe's petit
lions.
Only the other day the Senate passed
a resolution directing the committee
on Privileges and Elections to sit dar-
ing the adjournment Of Congress and
deliberate on the subject of the cleo
ton of President and Vice President;
also upon the best mode of deciding
election cases which arc constantly
coming before either House, and re-
port thereon the best method.
The census report on manufactures,
now in press, exhibits some startling
figures. Our manufacturing estab-
lishments in 1870 amounted to 252.-
148 against lac, 1888 in 1860 and 1885,
OPS il 1850. The working force has
risen from 957, O59 in 1850 to $685.
996 in 1870. During the past decade
the capital employed rose from $685.
245,35l to s2,1ls,2o5 q, 7G9; the wages
of labor from s378, 878, 966 to $775,-
554, 343; the cost of materials from
81 ,03l ,6O5,092 to s2,4s8, Az, 242; the
total value of manufactures from
81, 1885, 1861 ,676 to 81, 232, 1926 ,442. The
profits of 1850 were az per cent, of
1860, AZ per cent, Of 1870, 46 per
cent.
The statistical division of the Agri-
cultural Department is now engaged
in tabulating returns in regard to the
methods Of the production, especially
rotation of crops and soil improve
ments. Seven heads of inquiry were
propounded to the correspondents of
the Department in 1900 counties of
the Union. The information when
thoroughly digested will appear in the
forthcoming monthly report for Feb
ruary and March. The working force
of the division is too small to do JUS
tice to the important matters present.
ed, but the best will he done that the
time will admit.
The U. s. Supreme Court on Mon
day last made another important rul-
ing i'll the case of the Cleveland.
gainesville g. Ashtabula r. r. as.
Pennsylvania on appeal from the State
Supreme Court. The State Court had
held, that the State. might collect a
tax on the interest due by the COM
pany to now resident bond holders.
The Z. s. Supreme Court overruled
the decision. This settles q point
essential to the protection of non-resi-
dent property holders in general.
The Comptroller of the Currency
very foolishly published report which
he had drawn up for Congress too late
to secure action thereon, reviewing
the case of savings banks in the Dis.
trict of Columbia. A sharp criticism
was made upon the Washington CITY |
Savings Bank, one of the soundest in
stltntlons Of the city, the result of
which was panic among the deposi-
tors, who rushed frantically to the
counter, demanding their deposits. in
many cases waving all claims to ac-
:rued interest in consideration of inn
mediate payment. The other banks
came to the rescue, supplying the
Washington with ready funds, which
It's large reserve-sl, 200, 900 in securi-
lies amply secure.
A formidable movement is made for
I general trade strike in New York
City in the coming spring. The strike
asst May resulted in loss of 81.
NO to the parties Immediately con- |
'erned, besides an indirect loss three
lines as great. Many manufactures
'emoved from the city and established |
themselves elsewhere. In all this
here is seen but the regular social
aw OF supply and demand. Livino
s costly in New York. Work WAGES
will not bear the pressure. The nm |
leaval Of short handed workmen NAV
or the time being work some sunerf
NbnS