Delaware Republican. (Wilmington, Del.) 1843-1874, 1873-05-08
han fifty nor more than one hundred dollar,

than fifty nor more than one hundred dollars.
SECTION 20. The provisions of this act shall
not apply TO manufacturers of domestic liquors,
wine or cider, but no such manufacturers shall
sell such liquors in less quantity than one quart
nor to be drunk upon the premises.
SECTION 81. The price of q license to a re-
taller Of goods, wares and merchandise, or to q
druggist, shall be twenty-five dollars, but any
druggist whose sales of liquor for medicinal pur.
poses do not exceed seventy-fve dollars, shall
not be required to take out license unless the
rental value of his place of business exceed
three hundred dollars, when 1t shall be increas.
cd at the rate Of ten per centum on such rental
value. The price of a license to keep an inn OF
tavern, shall be one hundred dollars, unless the
rent al value of such inn or tavern shall exceed
five hundred dollars, when 1t shall be increased
at the rate of ten per centum on such renta
value.
SECTION %. All acts and parts OF acts in.
consistent herewith are hereby repealed.
SECTION %. That this act shall go into eff
feet, on the first day of September, A. D., 1873
and that persons keeping inns or taverns or res
taurants, whose license expire before the sitting
of the Court of General Sessions of the Peace
and Jail Delivery in the respective counties Of
the State, In the months of October and Novenl-
| Der, A. D., 1878, and persons desiring to keep
| inns or taverns or restaurants, shall have the
right to obtain fractional license under the
present law, which shall expire at the time OF
| the sitting of the court aforesaid.
The ADVANCE OF GoLp.-The gold furry
III Wall street is the event Of the day in COM
| mercial and financial circles.
Some light is thrown by the New York pa-
pers upon the cause ofthe advance and who
are manipulating the movement.
From All editorial in the Herald we quote;
We have noticed from time to time the vast
| amount ofimports during the past few weeks,
| and now We learn that they amounted last
week to nearly fourteen millions of dollars, over
| three and half millions being the value of dry
goods, and little less than ten anu a half mil
| lions ofgeneral merchandise.
The rise of ne gold premium may beac-
| counted for In part from the unusual amount
| of the precious metal our importers have need
| cd to Fay duties on these large importations,
| and partly also from the recent action of the
Bank of England in raising the rate Of dis
count.
But there is, evidently, another and more
| general cause operating, for gold has been lis
ing Steadily from ll2 toward the close of last
year TO lis l-2, which it touched yesterday.
The export of gold to greater amount than
the production of our mines lessons, of course +,
the stock in the country.
Since the first of january W.. have exported
$l3 ,3i7, 3lS This is at the rate of 3,3S9,272
a year.
We do not know what the present gold pro-
duction OF the mines is, but probably, not over
twenty live millions year.
The product of both gold and silver will hard
ly amount to fifty millions.
Then the stock Of gold in the Treasury is
much less than it was last year, or than it has
been from year to year since shortly after the
close of the war.
The demand for cold to take up the fyc-twen-
ties, and 10 fund the debt, together with the
amount required 10 Jay interest on the debt,
viii keep down the surplus though the cAccs-
siVS mlp"rtatiois of merchandise Will furnish
Me Secretary with considerable sum tium
dut les.
Nor do We see how the export Of speice is to
be checked, while imports are SO excessive and
the balance of trade is so largely against us.
Heretofore Government bonds and other Sc
curilles have gone abroad to balance the ac-
count, but there is a limit to this resource We
cannot always pay in bonds.
we must either pay in gold or by the export
CT produce, unless, indeed, our foreign credi-
tors choose to let what We oSc them remain on
this side for investment.
But drawing from us gold nj the rate of fifty
Three millions year looks as ifthey ploiere1
to have the hard cash at home.
Nor must we neglect to notice the vas. a.
mount of specie taken or drawn from this
lie by the thousands of Americans crossing TO
Europe or living there.