davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

TIE CoRcoRAN MARKkr-Bids Opsnsd-The
market house commission met at " o clock TO-
day at the Governors Office and opened bids for
the construction of the Corcoran market house,
As Follows; Thomas Lewis, SIS, 6gT; James q.
Ssylor, ssl.1J; henry wingate, sso,s2. No
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
TRAINS LEAVE FOE
RAITIM0RH
rRA A. e., A.IIs,REIIyE Al

AIMS LEAVE FORI TRAINS ARRIVE At
BALTIMORE. WAsHINGToN
a m, Niagara Esp., as a m, Western Exr.,
a.p. daily, except Sunday.
. a. IN :, ~. ork Exp, 5;N a. m, N York, daily.
IA ~ sunday. s;S5 q m, Mail, daily,
lodatiop TO Bait llCs 4 N, 49,, -.
Q q. m Western Exp. daily n~P'S
ally, except Sunday, s,0s D m =. Cinrinp.urx
=, ~, Bstimore &C daily, except sunday.
-, sn,a ,osiiy 'ex e:9 m, Pacific Express,
y SanSg: daily, except Sunday.
ally, except Sunday. dsf3on d.iIS
: m, Westrn EXP. leo D. m, southern In
rains leaving wsshinstoSs s u ssesst Sunday:
SO ,. m, connect 81 Rcvis ,vssh IN.
rlboro, leaving Bowie "a 80 ,nD.n trslns ior
81 IRVING 1t Marlboro y .. m, n:s :. n,
rains arriving q ws.ht.sto. s:ss . M. and DO
rISore; "a srn u Bowie with trains lesvfnG
sssesfsn leaviss thar ordsrs st Ticks oaoss,.
aer o. tSh street and Pennsylvania avenue, and
thvsef corner OF sth esrsst and PennsyIvsnia
sue, can have their baGUass called for ana
rked q hotels end rssiAsscss % eli rosnfs Horfs
wsst. fhro1eh ticksls 70 Cincinnati. oopu1s.
lpStsn. sol., Ls.isTsl.s, g; LSsi., Ne. OF.
Ne north, norh.es.xsq, and souih os- ta' NJ
8. YOUNG, On isSH s:sin Ar.:;t General ssRJ
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
ilh SHp sfW fokSr
A LEXAEDRIA WASHING
"A TON r. b. ~
ALEXANDRIA FREDERIOKsBUBG Z n,
CbrsS O b asd SsxsA Ss,ssfs,

Local Trains leave for Alexsndria a. fatov.. ,
~, II, g m II nom, i. ., 3, 4, 8, s,7,s D mi
~. ana D. m dali all other trains da ~ exceps
IOesl Train. from AeIsndris arrive Is foIlowr-
81, ~, IS II IS, .. m, I2.sS, IS, IS,
m: u s alexandria daily, all other trains daily
Trains nsrhed thus connect with tram, W ws.b.
QtA6TIOO Accommodation lesvsu "A .ss,neto~
f:9 g: m; daily, sIceyt Sunday.
GkEAf SOUTHERN kxPREes, via KIcnnopo,
eaves washington II ~ .. m. daily, excel SuDds
Through tickets 20 all points South and Southvsrs
tor sale ct Oces, corner lSh street and psnnsvIys
ala avenue, and corner eth street p usyy
shere Passengers leave orders for baEs 10 -
aation.
.. 8. YOUNG, Gent Passenger Agent. jyN-ts
RALTIMO AND POTOMAC RAJ
Depot cor Sh a.S 're,t, N. w. - 800
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
The Fire Department.



PROMOTIONS ANB APPOINTMENTS IN THE
FORCE.
At the meeting Of the Board of Fire Com
missioners last evening, President Williams in
the chair, applications Of j. L. Masten, Jas L.
Whittier, W. H. Beckett, John Waters, Marcel
Ius Hoffman, Chas. Mead, Tilden Dorsay, G..
E. Ward, and John W. Hurd, for positions in
the department., were placed en- file. The re-
signations of VIM. 7. Craig, foreman of No. 5
engine company, Georgetown, and Of Julius
Suobel, fireman Of No. engine company, were
buildings was instructed to inquire into the cost
Of placing concrete pavement in the Franklin
engine house.
President williams (Mr. Collins in the chair
appointments for positions in the department
each commissioner shall have the privilege of
making appointments in rotation alphabet
cally considered, and the nominees shalt be re-
ferred to committee, consisting of the chief
engineer and two mepbers Of the board, as to
their qualifications" Mr.. Morgan nominated
Daniel McDevitt, private. OF No. company
for the position Of fireman of No. engine co M
pany, and he was unanimously elected. Mr..
Bayly nominated Joseph Daniels, private OF
No. 4, for the position of fireman in said com
pany, who was also unanimously elected. These
promotions having left two vacancies in No.
company. Henry 3. Lewis was nominated by
MIR. Bayly, and Albert Dodson by Mr.. Collins,
TO fill the vacancies. (Mr. Booker, who would
have had the next nomination after Mr.. Bayly,
is absent from the city, VIM. Hunt was nOmi-
mated by Mr.. McDevftt to I'LL vacancy in No.
company. These nominations, under the above
resolution, were referred as follows The first
two to Messrs. Morgan and McDeyitt. and The
latter to Messrs Morgan and Bayly.
MrBayIy offered a r. solution which vasupan-
imously adopted: THAT a vote OF thanks he
rendered to Foreman Parrish. and Privatss
DCnneIIy and Blackwell, for the very EN- r;rnt
services rendered by them az the NAVY Jsnart
ment fire." Mr. McDevitt offered resolutions
which were adopted: sThat hereafter ali
mO,eys that NAV be received bv the foremsn Of
the various companies for aooding streets or
: and Aft at
cellars or ponGs, shall be distributed IN the com
pany doing the work according 10 the jud.,-
ment of the foreman thereof. That the chief
engine er shall see that the companies perform
such work alternately, and all resolutions here
tofOre passed conflicting with the above are
declared null and void" Mr.. Bayly offered
a resolution which was adopted: "That the Sec
Rotary and treasurer of the board be directed to
pay the funeral expenses of the late Robert J.
McElroy, private In No. company, amount
ing To s74, out Of the contingent fund of the
held on THURSDAY evening next 10 adont tbs
revised regulations: adOpted Adiourne5
po.nn ou uv.,-u ,,o. .o,s
,s,,an, az ,ps hna1.h nsi nie. yesseruAy az,
~ OF a. go. ,sntor ,sa ,hs ~ ioeonAhlcnuSu
ieee Grounds be deeiared n nu,saDcs M w oU.,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

$50 to 1000
Polonaise SIS to a %
ba'ste Polonaise and Redinsots, $40 to go, less
less 10 per cent.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

NEW PUBLIcArIoss--Frsm Kervand &,
Towers, u. Shillingtoa, Robert Beall and j. G..
Parker We have early copies Of Haryer's Haqa-
nv for August; also fron Shillikgton we have
the August number OF GedSy's Lady's Book and
Harpe/s BGkor and the LEdy's JoHraSI, for Al
gust 2; also, from j. G. Parker Hsrpsr's Basar
for August 2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
lS7srrnnsrSSss4t.s 81 .ourrIs73
Ill 10 an.
49, 6.lSpm.
10 q D m.

I'll GkIAf DOUBLE TRACK ROUrR.
Sta eisSant sesnery, Palace etste-room Dsy ana
Nxnl ~ With modern improvements
a, The Ills = m dsily, except Sunday, Dortbve~s.
-, AL 6Qkl iGffoSs a''sy'vss.
"a Pfrffs1 a n si.ttnofon 70 RooHlsfER
o.rps. ~ n nl route can be procured at the ofces
corner u sth street. and 30
Es.oe.a hess. where reliable Information wi IL
Ps.senesn procuring tickets n tbi. osBee can "A.
cure sceommodafions 70 Palace Cars Tor Pittshnrs
m.rn D. YOUNG, General Passenger Agent,
Baltimore Nd,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

TIE NEW BELL or ST. srKPHxxs-Yester-
day the fne new bell cast for Sc. stephens
tCsthohc) church, by Register & Sons Of b sIti-
more, was placed in position. The bell weighs
eighteen hundred pOUsds with the apparatus
The tower IN which u rests will be for the pres
ent raised twenty feet, and at some future tine
the spire, which viii be dfty feet In height will
be completed. The bell has . very fne tsne
and can be heard all over Georgetown, as well
A. the west end Of " ashlnStSu
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
Is RhfLRokDl ohio "a -

81 Lous, cincinnati and Columbus Enr-s.l .. m.
Leave At AL SD 6;ss go, $50, sI5, 9s aud II a.
NJ and a' f 90 I'M m 3 PJ az ans
A'Gs a. m and ga P NH y ks SaI re- on Sunday.
Ati:lo p. m, bnt not .n sunday:
ITom bslimore.The 40 Stopping o. hslay ana
a Relay Only; The $50 p. M without stops; tfes a.
FROM wsskinstoD.PThe sba al s'ss sns
he D. m e Rs ;t9sSise :: A. staten the @ and
stations south Of Annapolis Junction.
FOB POINT OF BOOKS AND INTERMEDIATE
l. Al $40 a n. snd 80 and s;s p. m. Returning,
,eaye Point OF Rocks at 6:l5 and 7os a. aud Is
sna 10 ~ al washington ct SIS and ssO q. m.
wThroush tisl:ts 70 the ys.t can be hsa a. the
LAY; also, 81 he Oonpanyis once, 1ss Penssglyss
oia syenns Passengers purchasing tickets al the
their a1Ss Ss.
's s.d s.;sS
rertisemsnt ofa Through fins.D
TICS NJ doL sHAkP s,,ss5 q T5sn,POatOn
GEo: s k6oiNrz,
THEER3HfSSEHb I5s5 nsssrS5rsXAsgMeroS
Trains between Washington and
t New Yort are new run = follow, g;
FOR NEW YORK, without change Of cars.
Leave oNiy ie1cept Sunday Of 7:so q m, i:i0 and
FOR PHILADELPHIA.
Leave daily (sxcept Sunday ct 100 g. M, I:l0an
ON SUNDAY.
Leave ior New York 1t $50 p. m, and PhIIsdeI-
Sleeping cars for New FORK on $50 train only.
Through tickets 20 Philadelphia, New York or
Soston can be had st the station Once at all hours
See Baltimore and Ohio Railroad Advertisement.
Tor Shedule between Washington, Baltimore, An
THOs r. SHARP. haster OF Transportstion-
l.. M. COLI, General Ticket Agent
GEO. o. kOONTZ, Agent, Washinsfon mn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

REAL ESTATE SALRs.-James l.. Davis real
Jones, lot @, In Majors subdivision of original
lot 8, in square 30, on oath street, between H
and streets, to Charles Memmert, for IS cents
per foot,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

BUILDING PERMITS were issued as follows To-
day: Jonas D9rings, story brick, Cav
street, between High and Congress George
town; John Saul, four-story brick store and
dwelling, 9th street, between F and G north
west.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
NEW DISIaHs FOB LADIls' AND CHIL
DRHRs' DRESSES AT -
MRS. q. b. HAURIRg
~. STAMPING DEPOT,
. N-tY TSA $3.50

ASELL rEMALE sEMINARY, AT IA0-
BostSn xS.ny sa Mass ten Ss: from
and sspeinin,s.t nssn.psssed; Tried teechsrs In
sssIy " ldsnts nttsd foE noston qni
~: Special advantages for Music, Modern Ian
Culture-True Womanhood Next year be~ieas
September Is, ISIS. Address CHAS. W. CUSH.
iN3' jy2w&s,sm
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

AsoTHER Doe SUIsANCE.--Editor Star The
attention Of the police ID called TO bowling dog
that makes night hideous, on the premises of q
man named Clayton, 500 q street south west.
Last night sick people and others In that neigh
borhood were effectually robbed OF their rest
BY this yelping cur. S0VTH WASHINGTON.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
TEN PER CENT. DISCOUNT ALLowsn ON
ALL CASH sALEs>
COMMENCING TUESDAY, July is, con-
TINulSG TILL SEPTEMBER 1, 1873.
SALES OF ALL SPECIAL ORDERS FoR
SHIRTS AND DRESSES AND OTHER
ARTICLES EXCEPTED.

weshaIl on and after JULY Is, till sEPTEu-
Der I , eter our entire stock at the very liberal
discount of 10 PER CENT. ON ALL CASH
SALES.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

d III SS:s M liz Fsv,ssa o., 8 !.
4r ~......,... ,M1RfHlnr TxfIoR
nu,y ''''1s O. SCI ~ s.s;sS ss:s 5rgyaS :
YHh. MI stx xS !, y a. e 4
"s sii Gsii and examine 4 before Purchssing
""w JVHN W. P0LER, Agent,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
CITY ITEMS.

IL YOU CAN'T GET COOL resort to Dooley's
Arctic Soda Fountain, Capitol HILL 1861
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
THE PINEY POINT HOTEL,
(Formerly" The Pavilion,r)
PINEY POINT MApvI NJ

C0BB'S HOTEL,
COBBS ISLAND, VA.
ROW open for the reception If Visitors 1t ia well
Known Tor its excellent and safe surf bath \ -
Ing Ing nshiDg, &C. Terms, s. per day; SIS HAkV
FL Week, SEQ per month of four weeks e.f
Route: Steamer N. p Banks from Norfolk or 0Ii
E Eih TO Cherrystone, Monday, Wednesday, and
jNlm GbsrrTsto,a "
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19
SUMNER RESORTS

CkEENEiELn.-T Summer Resort, four
ena sIy oulldinss, rooms Ian feet, is VIZ
open open Ioi the reception Of boarders A beam Hs III
RlesnntifrI For particulars address Mrs. MARY n,
RuSh HOUSE, BELLEFONTE, PA--Thi,
.s.-eiass summer resort among the a
address s"A'i0u'rs YEs
iylt.lm' WI. WILKINSON 90.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

tn coMMuNrrY as large appreciate the use.
fulness Of Singers Sowing Machine. Is
T1nMos1r1ss snd Rasonssers ase repaired
Evening star. [volume] (Washington, D.C.) 1854-1972, 1873-07-19

WILCOX q QIss's SswINa MAouxu. Tha
eelebrated Bazaar Patterns. Agency ct OhsS.
Baum's hoopskirt and coesst factory tth ssreef.
Intellgencef Building. TO-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-27
THE MIXED COMMISSION.

The report of the Mixed Commission ap-
pointed under the Treaty of Washington
brings our long controversy with Great Bit
ain to a final settlement The unfriendliness
that grew out of the action of the English
Government toward the Rebel cruisers was
removed some time ago; to-day we can say
that the whole account is at last balanced,
and there is not even the question of a dollar
between the two countries. The result is a
signal triumph of the principle of arbitration.
That principle has suffered good deal of OBJ
loauy since the Treaty was signed. The peace
and good will promised us Immediately by the
Joint High Commission have been reached
only after much wranglng and irritation, and
imminent peril of permanent rupture. We
got safely through it all, however, with the
help Of little shutting and evasion, and let
us hope we shall hear no more about it.
The verdict of the Geneva tribunal was re-
ceived on the other side of the water with
considerable irritation, although it could not
have been unexpected. The decision of the
Washington Commission will be accepted with
much better grace. 1t is true that America
fares i'll. All the claims of our citizens against
Great Britain have been rejected, and an i'm
portant class of claims against the United
tates have been admitted, after the Supreme
Court had declared them inadmissible. But
there is no reason tOquestion the fairness and
imputiality of the judges, nor much reason to
doubt the substantial justice of their decision.
AT any rate our cause has been tried before q
court of our own choice, and we shall not
quarrel with the consequences.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-27
Ae@'2lotk Daily Gribm1re.
FOUNDED BY HORACE GREELEY
SATURDAY, SEPTEMBER 81, 1873.

Arrests Of insurgents have been made at Alicante, in
SPAIN the Carlists said TO be very much disheart
sned. &C. King Victor Emanuel has left Berlin. -
In the Canadian Railroad investigation, the editor Of
The Montreal Gazette denied the charge that corrupt
Influence exercised over the press,
An informal Cabinet meeting affirmed the de-
rision that the Government should not buy
any more bonds. Five banks in Chicago and thfee
In Charleston closed their doors One firm in Balti-
more and one in Washington suspended. The
indianapolis banks resolved two days suspension
Of large currency payments Jay Cooke & Co. make a
statement showing about Ss,OOOO0O Of liabilities, and
H6OOOOO0 of assets. An Independent Peoples
party was organized in California, and nominated
State candidates. The new Masonic Temple at
Philadelphia was dedicated 10000 Masons taking part in
the parade. The Interstate Industrial Exposition
at Chicago was opened with addresses by Mayor Bond,
Gov. Beveridge and Senators Logan and ogesby.
There was an advance OF per cent gold, owing to
the transactions Of Canadian bankers. The Union Trust
Company declared by the receiver to be solvent |;
the 5ecretary's default exceeds 100000. The stock
brokers unable to agree upon basis for reopening
the Exchange. The business Of exporters and ware
housemen WAS crippled by the scarcity OF foreign
change over 100000 bushels Of grain held fast in
the harbor this account. == The State Bank Of
NewBruns wick has been the victim OF conspiracy be-
tween the cashier and the President OF the NewBruns
wick Carpet Company; both Of them have disappeared
warrants have been issued for their arrest. Alder
man Ropes was to have concealed forgers mis-
deeds and appeared to have removed the forged docu
ments from the public archives. District-Attorney
Britton explained how he secured the Car
Spring checks. Sheriff Williams decided to
take personal charge Of the Raymond-st. Jail.
So DisagreenG timepieces caused collision on the
New -Jersey Midland Railroad whereby four men were
fatally Injured ana several wounded. 80 The evil
deDce in the Goodrich murder case given TO the
Grand Jury. 80 military organization Of the police
was ordered Gold, 1llS, 1854, l1ts Thermometer,
q clo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-27
gnoer 10 Advertisements.

AvrsyMENrs-S,re,h Page-5th and 9th columns.
BANNING AND FISANCIAI-ScoOnd Pdge-6th column.
BANKING HOUSES AND BANKERs-I"Hd fdge-0u VO'-
RoSRD 1ND Roows-Serenh Pdge-3d column.
RuSISFss NOTICES. Fourth PuGe-lst column.
CHANCES FOX BUSINESS MEN-Secona Fage-4tn column
COpAHTNFusuIP NOIICEs-Si1h PGOe-5th column
DANCIHc AZ ADFNuEs-SiIth PGQe-5th column
DFNTfsTRY-Ncrenh Pd0e-3d column. -
Dividend NOTICEs-Ihrd PdQc-Sa ana ftn oo,uhns, O.
EUROPEAN ADERlskhhNIs- A""u 4 "yo -t'"' ''"' ~
rlSAScIAL-TAird PaGe-3i column.
FURNITURE-SeUenh Fdge-6th column.
Help " ANTED, MALEs-SeUeng4 P0gc-4th column
HORSES CARRIAGES HARNESS %o-Seo""" H"S'-s'n
u0TTiS~Screnn ePaoe-1st column EUROPEAN Ho-
TEIs-Third Pdgc-5th and 9th columns -, .,
HOusEs AND FARMS WASTED-SiJh Pd1e-6th column.
leg CRgAM-S ereHth Pdge-6th column. y
I>sTRUCTIOS-Sirm Pa0e-2d. 80. attn and 9TH columns
LAW sCHOOLs-SiTh Pdge-5th column.
Legal NOTICEs-SecOnd Pd0e-5th column.
LECTURES AND MEETEGs-Serenh Page-6th column.
LOAN OFTICEs-Seo0ad Pd0e-5th column.
MARBLE AND SLATE MANTRLs-fhird Pdge-4th column.
ANGUS Second Pd0e-4th column; EtghU rage
-4tb. 5th. aud 9th columns. = ,..
MUSICAL INsTEUMENTs-Sero P0Ge-2d and sd Columns
NEW PUBIICATIONS-SlT Pd1e-1st and %, columns
REAL ESTATE FOR SALE, BROOKLYN-Si1h Pdge-6th
column; CIrY-SiJh PGge-6th column; NEWER
sEY-S'Th Pdge-sth eolumn; CoUSIRrIS.T an Tage
To ExCHANGE-Sirh PaOe-6th column
RELIGIOUS NOTICE.-Serenh Pdge-lst and ID columns
SALES BY AUCTION-Sec0nd PG0e-5th column
SAVINGS BANKS-Thtrd PdOe-3d column.
SITUATIONS WANTED, MALRs--Seoe'lh Pdge-4th column;
FEMALEs-SereHh PGgC-4th column.
SPECIAL NOTICEs-Fifth PGgc-6th column.
STATIONERY Second Pdge-5th column.
STEAMBOATS, AND RAILRoADs-Thtrd P0ge-ith column
STEAMERS, OCEAN-Sec0nd PGge-5th column
SUMNER RETREATs-Sevenh PGge-3d column.
1EACHERs-Sirm PdGe-5th column.
10 LET, BROOKLYN PROPERTI-Sepenh Pd1e-lst col
unn COUNTRY-SeUeHh Pdge-lst column.
TO WHOM IT MAY CoNCERN-Ihird Pd0e-4th column.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-27
THE CROPS MUST GO F0RWARD.

The great-the pressing danger of the hour
is the threatened cessation, OF serious dlmi-
mutton, of the Crop movement! at once result
ing from and indicated by the decline i'll For
eign Exchange. The strongest bills, drawn by
the old, impregnable banking houses, are rated
at 104. So far as mercantile bills" are
concerned, the drafts of shippers find no buy
ers at decline of seven per cent from their
ordinary gold value.
In such a state of affairs it is evident that
expectation of our grain and other products is
nearly impractcable. Our legitimate current
of wealth, never larger nor more promising
than a fortnight since, has for the moment
almost utterly ceased. Until last week freights
were rising, and every available vessel was
eagerly chartered to convey our crops to
Europe; but the steamers leaving to-day have
found it difficult to fill their holds at any re-
duotion of charges.
Of course, if allowed to continue, this means
disaster to the American people. 1t is, even
now, the genuine calamity of which the dis
tress upon the Stock Exchange has been the
fOretOken. Let us look the matter squarely
in the face. Within few days one of our
larger commission houses has declined accept
ance of drafts, with bills of lading attached,
from Western fOrwarders, to the value of
100000. This example tells the whole story.
The farmer who does not sell his crop will
not buy of the retailer the retailer will not
pay the jobber, nor the latter the importer
In brief, with hundreds of millions of con-
vertible wealth on hand, the wheels of trade
are clogged, and uRnumbered evils follow
swift behind.
We must ship our crops to Europe, and
largely before the cold season is upon us, or
there will be no lasting relief. Yesterdays
advance in the gold premium and decline in
freghts are partial counterbalance to the
fall in bills of exchange. We regard the large
shipments Of gold from England, of which
cable advices reach us, as speculative and
temporary, and, in fact, unnatural. They are
sure to be checked by an advance in the En-
glish bank rate to any figure, however high
which may be found necessary. The contin-
ued transmission of gold in this direction de-
ponds entirely upon the establishment of O
balance of payments in our favor. The latter
is hopeless, unless the negotiation of Exchange
can be facilitated at once. And thus the
question of Foreign Exchange becomes the
question of the hour, and the problem which
is receiving the grave attention of the mer-
chants and the banks.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-09-27
CONSIDERATIONS ON THE PANIC

This panic has one feature in which it re-
rembles all other panics Few want to buy
and many want to sell. The necessary conse-
quence is that if business is done at all things
must be sold at "panic prices" But business
must be done, or mankind cannot be clothed
and fed. Let the difficulties be what
they may, business iOil be done, and
it is a matter, too. which does not
admit of any great delay. We therefore con-
clude that prices will very soon adapt them
selves to the changed state of affairs. The
sellers, for the time being, are the more nu-
merous and under the greater pressure, 80
that prices must decline until buyers are found.
We well know that the consequences are that
great losses must be sustained But there ia
no other way.
We are now suffering what every
intelligent student Of political and social
science knew we must suffer, sooner
or later, from our war, our debts and our pa
per money. Predictions of this panic can be
quoted by the dozen. A striking parallel to
our experiences since 1860 exists in the fnan-
cal history of Great Britain for the first
twenty live years of the present century. To
any one familiar with the elements of the
sciences we have named, and who at the same
time has watched the course of things in this
country and compared them with similar phe-
nomena in other countries, the idea WAS
absurd that the disorder could be cured by
any plasters or lotions which it is in Mr.. Sec
rotary Richardson's power to apply. This, az
we have warned our readers from the start.
Is no skin disease. Furthermore, it il n
disease to which no wise physician would
show quarter if medicine or surgery could
put an end to it, He would apply the knife
Immediately, and turn a deaf ear to the
insane protestatons of the patient
Merely to show that science 80 well
grounded in logic and human nature "A
political economy, enables man who il mas
ter of it, at least in some cases, from certain
given causes to predict the inevitable result.
we quote paragraph from the hon. George
j. Goschen's treatise ON foreign exchange.