, 1873-10-02
NOTES AND OPINION.

John J. Cisco, tho wel1-known banlor, md
formerly Sub-Treasuror at Now York, has bocn
iutoryiowol. Ho enid tho flow Of gold to this
country was not tho result Of healtlly condition
of trado, and went OIL:
a. II esnnot leal t. srccio payment n,oth!n san H
rcction. THO war cndol eight yenrs ngo, nad every
cno supposed that sonothny woua bc done tl,eu, ~
aeGe a. Te on a 5
such nction because hoy hare thought It impossible,
which simply Shows that wo have 1'evor had one who
Nobody now wants gold for export, for the
exchanges aro oil in our favor. Tie gold md
silver in this country, IT thus utilized, will ho-
como currency, and will add 98o,00o,0o0 Of posi-
yG anS nspSe to s seze s NSf must a
country drift aud drift on to utter ruln.-J
Thompson, Ne1u 1Tork banker.
Lot tho Secrotary continue tho sales Of
gold lot him put upon tho market somo part Of
tho largo sum now held ana ascertain ita yalllo.
a fcw millions would decide this point beyond q
question. IT it be not materially above par as
no boliove the stop to practical resumption is a
slight md easy ouc.-Nc.o York Times.
These opinions that tho prosont is tho favor
ablo tin,o for resumption aro cropping out from
all parts Of the country but wo hardly think nny-
thing practicable in TINT way will como from
them. Tue country {7) hesltatos at tue plunge.
is inevitable at sono future Pittsburgh
EueniNg 1elegraph.
The following waa telegraphed to an even-
ing contemporary:
cr. ee seeoasy sawyr says sab viii
10 over inside Of four days.
| We do not know this young nun Sawyer, but
| nothing can bo more oyidont than TINT lo las
pinnoa his fifth to tho gown Of Secretary Rich
faith a't not by 'corks. 4 young, 1lnn like Saw
swoot boon" ."-IItiladclphia Telegraph.
Tho crisis will never pass away BY our simply
coasing to transact b.ainoss md It ~ better Tor
u hank to break down doug its duty tlaau to GU
tor upon Btnto Of Information, like bear, at1l
live through the winter on sucking its own paws.
by all ,ncans lot the cusront OF the currency run.
Rochester (N. ~ Democrat.
--Wo advise, therefore, tint every nan who
owcs debt aud haa graeuhaels to pay TINT
doEt at onco. Tho greenbacls has neyor boou
anything but printed lie, and tho sooner men
get rid Of It tue butter Pr9saod they it to
| efat.
In 1857 thoro was not Il aing glo bank noto in
oxistonco whoso value could be positively as-
serted to be five cents on tho dollar. To-day
tloro is not . grconbac in oxistoueo Tint is not
| worth its face value. Thon tho money was gono,
| and though n,an had Hl,onvos OF bank noteH llo
could not safely say lie WAS worth 4 dollar. Now
tho money lu intact, and every man who ow1!s a
Tllo country ia juat ns rich to-day nj 1t WAS thu
Thursday Of the crash, aud tho ruin In not real ut
all, hut imaginury.--lh Philadelphia Inquirer.
-possibly 1t neodod just tho emergency wllc1.
we HOW witn0Hs to demonstrate tho absurlity ot
Tho IT reHarvo' feature ut tho National Banking
Inv, which produces fund which haB l,nen aptIy
described nj M accumulation Of provisions III
time Of plenty Tint Cannot be nsod in q falnino.
ST Paul (Mtnn,l Press.
Tito uon Daniol J. Arorrell, General k1ana-
gor OF tho Cambrla Iron Works at Johnstown
l'a., has glyen notice of reduction Of wages ol
from 10 to 12 per cont after tho lst Of oesohor.
! nn>,+k L.
Of thom-lusst TINT tho tarilr III especially fol
The worklngmnn, aud a. VIC lnvo nut beard ol
any reduction In tic tarlr on iron, ,yo would like
to lloar word from somo WHO profoas to untlor.
stand tho subject, why wagon come down while
1t ia not quito yoar yet niuca the partisana
Of tho ruling regime went about tho connts,
proncl1ing tic financial peril there was in ovar
throwing tho existing Administration, Tho poo
plo listened aud believed, au4 now their faitl
and works aro rewarded by, The worry calant,
whlcb they wero told would bo ayorted.-kansa:
Guy (lfo.) Times.
1t las boon tho atanllng boast Of tho Ropub
licanB that tho oonutry Inns boe1l, untlor lsoplbli
eau rulo IN a most prosperous condition.
Tho claim TINT tile now party moyolnont ID tlat
Immediate causo Of tho paniu proves too mualt
II It proves anything, 1t proves tlat our boastct
prosperity aa 81 a aud our tat naoa M systHa
} clnBsoa hayo noon oppressed with 4 syston o
robbery, antl tho toar that tloy hayo dscoyorot
tho clloat, and propose to ondeayor to apply th
J relnedy, through tho ballot-box, creates Q con
on my reasonable hypothoals.- Doug
(IolnH) Times.
-Wo hayo sa1l tint It is but compliment t.
The farmers to ehaTgo tlsom witA bseaksAg th
atoo1 mud tho lnRtltutiona TINT hIya baolte
them, and II the popular movement which In
boou sweeping over tho country Is the eauso q
tia financial flIatprhanaa at preHeut ahEoRh!n