davidaulloa/AmericanStories huggingface dataset:
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
THE SUSPENSION OF 1914

In 1914, fall of the year, the American
State banks suspended for the same reason
as at present-to close up before they should
be drained and bankrupt. The Middle
States, which bad subscribed to the war
loans most literally, led the panic, as now,
for they had contributed $50, 600, 900 out of
$41,000,000. Government taxes were, of
necessity, receivable in State currency;
Treasury notes or bills of exchequer, bear
ing interest, were, therefore, issued for
time, but a second Bank of the United
States became imperative. 1t was created
in 1916, and began business the following
year with $95 100000 capit4l-one-ffth
Government subscription, as before. This
bank, by importing 100000 Of specie,
lifted the State banks to their feet, and re-
sumption was general throughout the
L
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09

THE Cincinnati Commercial says the de-
lay of resumption by the New York banks
occasions suspicion that there is concealed
weakness, which the suppression of the
regular bank statement heightens.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09

THE United States District Court at De-
troit has decided that lands of rail- DAD COM
panies held under grants from the United
States are liable to taxation, like the prop
erty Of any other citizen.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09

Col. A. II. MARKLAND, formerly q
mail agent in this section, but now resi-
dent of Indianapolis, Indiana, is acand;date
for Sergeant alarms CT the next House Of
Representatives of Congress.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09

THE Cincinnati Commercial of the 9th
inst says: "The guests from Louisville
having departed, the price of milk has fall
en-" But VIA. about Bourbon?
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
Proclamation by the Mayor.
MAYORS OFFICE, Oct. 6, 1873.

WHEREAS, THE TENNESSEE AGRI-
w cultural and Mechanical Association is
now holding its annual meeting, and it Is be-
lieved that the same should be patronized and
encouraged by all good citizens who desire to aid
in the progress and development of the resources
of Tennessee in such enterprise: Therefore, at
the request of the Directors of said Association,
/ do hereby proclaim and designate next Thurs
day, the 9Th inst, as general holiday, and earn
estly request that all places of business close on
said 9th inst, and that all persons who feel so in
clined will attend the Fair on that day. Also,
that all the Public Schools in the city are re-
spectfully requested TO suspend their exercises
on that day for the anne purpose.
OCT st THOS. A. KEKCHEFAL, Mayor.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09

"A NUMBER Of letters for ex President
Andrew johnson have accumulated at the
Metropolitan Hotel, in Washington, await
ing bis arrival.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
samiaa and Amfrieaa.
TnURsDAr. ocToBEn .. Isss.

Now is the accepted time to wips out the
National Banking system, says the Cinein-
natl Enquirer.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09

divided into II 600 cash gfts will be distributed
by lot among the ticket holders. The numbers
of the tickets to be drawn from one wheel by
blind children, and the gifts from another. 49,
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
LIST OF GIFTS.
Total, 1900 Gifts, an cash. amount.

Total. 1900 Gifts, all cash, amount
ing IO..ssss.... roOO,OO
The distribution viii be positive, whether all
the tickets sold not, and the u 900 gifts all
paid in proportion to the tickets sold-all unsoId
tickets being destroyed, as at the First and Sec
ond Concerts, and not represented in the draw
ing.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09


The Literary World states that the pub
LEGATION of the Heretofore uncollected wri.
tings of Nathaniel Hawthorne, announced
some time ago, has been delayed for a
singular reason. 1t is intended to
include IA the protested volume not only
the two chapters of The unfinished ." DolIi-
yer Romance" which have been printed in
the Atlantic, but a third chapter also which
the author left.in manuscript. But up to the
present time no one has succeeded in deci-
phering this latter, and It still remains a
puzzle. Mrs. Hawthorne was most skill
full in decipheriDg her husbands manuscript.
To her patient labor the world owes her
conservation of Septimus Felton," Since
her death no one has been found equal to the
task. Miss Una Hawthorne has undertaken
the work, but with only partial success.
It is the opinion of the most intelligent
critics that Mr.. Hawthorne intended to
suppress Septimus Felton," and develop
It's main idea-the secret Of living forever
il. he "DolliVer Romance"
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
Dry GO0dS Sale.
Middle District OF Tennessee.

THE UNDERSIGNED HEREBY gives no.
i tice of his appointment as Assignee of j.
P. Caperton, of Carriers Greek, in Msury eoun-
ty, and State of Tennessee, within said Dis
trict. who has been adjudged Bankrupt upon
creditors petition by the District Court of said
District, at Nashville, Tenn.
30 ROBERT M. MCKAY, Assignee. +
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09


The Washington Republican, 10 noticing
the invasion Of the legal tender reserves by
Secretary Richardson, to the extent of S.
593,0S0, says semi-ofiicially:
The explanation is given that the necessi-
ty for this act arose from the unexpected
Filling off of the iRternal revenue returns.
This falling off may be directly traced TO the
stagnatirn in the produce market, which
has seriously affected the manufacture of
spirits, as well as transactions in tobsceo.
The grain which should new be in hands of
the dis.iilers is locked up in the granaries
and gigantic elevators in the Northwest.
1t seems from this that our government
is now run largely on q whisky basis. The
Republican states that it IS the Secretary s
intention to call in the reserves as soon as
the revenue receipts will permit it. The
contents of the Treasury al the opening Of
this week are given as follows: Currency,
S4,689, 256 GA; special deposit of legal ten
ders for redemption of certificates of de-
post, 81, 10000 coin, SS1. 430, 36O47; in
Guiding coin certificates, S34, 242, 200. This
shows that nearly fifty millions of gold are
locked up in uselessDess, a 1.-THE of which,
in the opinion OF many, would beat down
the present weak premium on the precious
metal, place gTeenbacks at par, an abolish
forever the Wall street gold room with its
far reaching debAuchery Of legitimate trade.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
RAILROADS..
LOUISVILLE AND NASHVILLE
Great Southern
SOUTH 6 NORTH ALABAMA
RATE.RoAD4.
49, Es: y -


+: zSzsssS77i
g - NJ ~
COMMENCING MAY 18th, 1873, TRAINS
~ win leave Nashville. from L. q n. B. B. De-
pot, North College street, IS Soll0vE 80
ION A. M., daily, except Sunday, Tor Decatur,
9sGU stopping at ali stations aud TnekinS tiirec{
connection with M 8 G. B. B. for point ives
s 20 M ?. M, DaiIy, for New Orleans, aeb.l.
Cars attached run through from Nashville %
Montgomery, without change. This train does
not stop at Stations between Nashville and Co
lurrbia, except Franklin. arriving ct Decatur at
u:59 A. NJ, and connecting with n. s. G. z. 3.
for Memphis.
Columbia Accommodation discontinued until
Ths7:OO a. N. train arrives daily except San
day.
The GaIlatin Accommodation arrives azisy ear
cept Sunday.
ks(,fl A. NJ, daily, for L0uisvale, has Sleep
UsVV ing Car attached, running through from
New Orleans via Mobile and Montgomery 20
Nashville and Louisville without change. -
800 A. 4. and LEO P. \. trains for Louisville
and Day Cars attached, for St Lows, Chicaro
Baltimore, Philadelphia, New York, and intsr-
mediate points in the East, North and West
All trains named above wiz arrive At and d.
part nom L. q n. Depot, on North College street.,
but viii stop Ct junction OF N. & O. and y. n d.
Railroads and at N. q o. Railroad Depot . taks
on and let on passengers. -
- Passengers from GSilatin andpofnts South,
arriving at Nashville 1t 7:00 n, have until 4.06
in which to attend 30 business before return
ing.
New Orleans, Mobile and Montgomery, via De.
catur, 40 n; from Decatur, 12:4O 4; from
Louisville and the East, North and and West.
at 100 A n and 500 II.
For through Tickets, Baggage Checks, and
further information, apply af Gensral Tiekat
Once, under Maxwell House, and at Z. q n,
Depot, North College street.
oc47S W. q KING, g. P. a IA.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
OFFICE OF Seer ETARY OF STATE, }
NASHVILLE. TENN, Oct. 8, 1873.
OEALED PROPOSALS WILL BE Re-
y ceived at this Office, until the
10th of NOYemher. 1873.

For the interest of the State of Tennessee in,
and all her claims and liens, on all Plank and
Turnpike Roads in the said State, accruing by
virtue Of the issuance of Bonds of the State to
such roads. Preference, where bids are equal,
will be given
First-To the Company.
Second-To the Stockholders.
Third-To Counties.
FouIth-To incorporated Cities or Towns at
the 1ermini Of said / oacs-
Fifth-To other Corporations.
Sixth and last-TO individuals.
All parties proposing are expected to be pre-
pared to comply with the pr0viso in Section 2,
Chapter i02, of the Acts OF 1873.
Terms of Payment:
One-fourth cash, remainder in three equal,
annual instruments; and the Legally issued bonds
of the State will be received in payment.
Proposals will also be received for the accept
ance OF the States REIMBURSEMENT, in the same
order of preference, and with the same proviso,
Of those roads paying no dividend, mentioned in
Section of said Act.
CHAS. ". GIBBS,
Secretary of state.
Clarksville Tobacco Leaf, Columb Herald,
Gallatin Examiner, Lebanon Herald, Sequatchie
Sun, Rogersville journal, jackson Wing and
Tribune, Knoxville Press and Herald, copy one
time snd send bill to Office Sec. State.
oct9 doaw4tSwlt
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
THE SUSPENSION OF 1887.

May 10, 1887. specie payments were sus-
pended over the country generally, and
New York city was garrisoned with mill
tia. Shinplasters, tokens and deprecated
bills of exchange were now the currency;
the Government was threatened with
Treasury deficit, and Van Buren, had to call
Congress in session five days after the sus-
pension. He opposed the re charter of q
national bank, and recommended perpet-
ual dissolution of the connection between
the Federal Government and any bank of
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
TIE MIDDLE PERIOD.

With the exception of commercial diff
culties in 1919, everything went on smooth-
~ until 1882. when re-charter of the
United States Bank was vetoed by Congress
followed by the removal of the Government
deposits (more than $l1 ,000,000) in 1888.
The charter ran out in 1886; but new
charter was obtained by device from the
State Of Pennsylvania. At that date there
were about six hundred banks in the coun-
try, with $3.50, 100000 capital, circulation
of Sl03,000,000 and S45,000,0e0 specie.
One hundred and sixty five banks had fail
ed in all between 1911 and 1880. The facility
of our SYSTEM of banking had its advocates
in England-smoDg them Lord Althorp;
but the joint-stock banks of that kingdom
being of unlimited liability, and covered by
the private property of every shareholder,
we're preferred by Parliament. 1t was not
until 1856 that the English ioint-stoc * COM
pany was 'limited" in individual liability,
and even now director or official of any
'limited" onpany engaged in banking, in
surance, ETC., who publishes fraudulent &C
counts or false advertisements, is liable
eIiminally and for damages. The removal
of deposits led to their lrdnsfer to ceNain
selected banks as repositories. The "specie
CIRCULAR Of Gen Jackson being resclnded
by Congress, all kinds of bank notes be-
came receivable for the public dues and
lands, making vast surplus of paper truck,
which for cafe keeping was distributed
among the States. &c..
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
THE REVOLUTIONARY PERIOD.


Then came the Continental money in
May, 1885, which did not depreciate up to
the issue Of 100000, and was well main
tanned until the subsistence of the triumph
over Burgoyne's capture. at last the
whole 100000. 900 was worth in silver
only S2,500,000. In 1871 Congress offered
to give new money fer the old, at the rate
of one dollar for forty, aud then both sunk
in one day to nothing. In l7S1 the war
still going on-CoDgress chartered the
Bank of North America, which began the
following year, and declared dividends of
from Y TO Is per cent. per annum. Penn
sylvanis repealed the charter Of this
bark, but it refCsed to close up,
claiming a national paternity. The
General Constitution then came into
play, forbiddiDg any State to csin money,
emit bills of credit, make any thing but gold
and silver coin q tender in payment of
debts, or pass any law impairing the obi
cation of contracts. This left unsaid the
light or want of right of Congress to estab-
lish national bank, although Judge Story
maintains the right. Hamilton at once
drew up plan of such bank, and the Cab
met divided upon it, but it was approved by
Washington, and The bank went into being
in 1901, with q capital of $l0, 600, 000-one-
fifth GoverHmen. subscription. 1t was
success, and paid per cent. dividends, and
its ssock-psrtly held Ia Europe-rose above
par. In 1911 Madisonian Congress re-
fused to renew its charter.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
wednesday, Dec. Sd, 1878.

Only sixty thousand tickets wiz be slld, and
one-haf Of these are intended for the European
market, thus leaving only 80, 900 for sale in the
United States, where 1000 were disposed OF
for the Third Gift Concert. The tickets are di-
vided into ten coupons or parts, and have on
their back the scheme, with full explanation of
the mode of drawing.
At this Concert, which will be the grandest
musical display ever witnessed in this country,
the uDprecedenfAd sum of -
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
ADVTSORY ROARD.

His Excelleney Gov. Gilbert G. Walker.
Col. Kader Biggs, P. H. P.
Jno. Il. Mcdaniel, P. G. Commander.
j. j. Burroughs. Esq. ~
Capt. Samuel Watts, Virginia Legislature.
Col. ThOs T. Owens, P. G. u.
JDo. B. Whitehead, Esq, Ex-Mayor.
Col. W. H. Taylor, State Senator.
Jas. G. Balm, G. c. G. g. G.
Robt e. Withers, G. NJ, G.. II. P, & ID. G. G.
of G. G.
This Gift Concert has been legalized by the
Virginia Legislature in order to raise funds to
complete the Masonic Temple now in course of
erection in Norfolk. To the Masonic Fraternity
this enterprise commends itself in the interests
of Charity and Brotherly Love. To others than
Mssons, it presents chance for legitimate and
innOcent Ejaculation seldom offered.
Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-10-09
A BRIEF HISTORY OF AMERICAN
BANKING.

The Washington correspondent of the
Chicago Tribune INDUCES in the following
"reminiscences, which will be found readable
in this juncture:
Currency in America began with tobacco,
corn, wampum, ETC., all recognized by dit
fereut co.oniSi courts. In 1915 Virginia
adopted the Spanish silver coinage for cur
rency, snd soon sitter a mint was set up in
Massachusetts. Paper money was first
ISSUE in Massachusetts in 1890 and South
Carolina cheated bank in 1902. Penn
sylvan issued paper money In 1928, but
Virgini never did p:ior to the war of inde-
nan6Ance
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-24

must not DO eaten, will he forget it
sooner than the names of the towns in
Chinese Tartary? And will the knowl-
edge be less useful?
As they became older and further
advanced they could take up subjects
in vegetable physiology, and make
humble experiments. Tel them to put
some leaves under water and see how
they give off gas in the sunshine.
Let them nearly girdle the limb Of an
apple tree, and note the effects on fruit
and where the wound begins to heal.
Thus they will have the philosophy Of
pruning. Tell them to change the
position of house plant, and see il
stretch its arm towards the sunlight,
for strength to grow, like a potato in
cellar. Soon they will analyze plants
Of all kinds and get the beauties Of
botanical classification, useful knowl-
edge of nature, and many times the dis
cpliae obtained by studying grammar,
at that age. They will be sharp observ-
ers and independent thinkers.
The branch to follow botany cannot
so well be philosophy as physiology, for
the former soon calls to its aid mathe-
MATES, and is not to some so attractive.
Let them begin arithmetic in connec-
ton with physiology, if of proper age.
II is important that they early learn
the laws Of health. They should know
that rapid eating and eating between
meals will make them dyspeptics
That a late or heavy supper, produces
nightmare, that holding book close
to the eyes win make them near sight
ed, that tea or coffee causes nervousness
aud palpitation, that they will always
be dull scholars if they study or sleep
in impure air, and that if they sit bent
over they are liable to be round shout
dered and die of consumption. None
are too young TO learn three things.
Philosophy, chemistry and astronomy
may be studied as the progress
in mathematics renders their pursuit
profitable But descriptive astronomy
may be pursued with little or no
mathematical training.
TO be continued
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-24
To be continued.)

Sometimes we indulge hope of the
reformation of nelghbor Taylor, but he
is making slow-very slow progress.
He has not called neighbor Jones a
liar" for two weeks past, nor yet a
"mendicant. Shall we venture a
hope? But, ali! who can shame such
a scribbler? One cob-web broken, he
spins the slight, selfploasing thread
anew. Yes, to
destroy his fbs or sophistry, is vaiu,-
The creatures at his dirty work again."
His designs are thin, though evil, and
he is throned in their center Not
only that, but he is proud of his own
wickedness. And yet our soft chas-
tisoments and our mild rebukes have
checked him in his mad career, at last;
and now if he can live another week
on decency, he may a lesson learn from
neighbor Jones-and Jones could much
his fimsy lines improve.
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-24
SCIENCE IN COMMON SCHOOLS.

9
SCIENCE IN COMMON SCHOOLS.
An Essay read by II. -.
Baker. n. L.. Instructor
ira sciences ia the River
Falls Institute, before
the sst. CroiN Valley
Teachers Association.
Oct. I<Ith, Is 9:S.
At the age of five. children are sent
to school. Hin seven years they have
learned to read poorly, and to spell cor
rectly half the words in an ordinary let
ter; mastered the multiplication table,
aud acquired dislike ftg geography,
by trying to learn it before they should,
they are regarded by their parents as
prodigies, because few reach this point
so early. In the next seven years, they
are shown that grammar is branch
that they will never master. They
begin it before their minds are fitted
for such work, aud soon learn to dis
like it. as a dry and useles study.
Algebra is not often attempted until
the pupil is well advanced in years.
II it is. he begins his second recitation
with the remark that he has not mas
tered the lesson, and does not see the
use Of studying it any way. Henceforth
he studies 1t as little as possible.
In these two counties history, as the
public examinations will show, is very
much neglected. Such is the outline
of a common school education in this
valley, where the advantages Of wealth
favor the pupil.
IjLen the child is detained at home
until quite old, he IS opt to see the
need Of learning, and his mind being
developed he takes an interest in the
studies aud ofttimes outstrips his .fayor-
cd mates.
1t takes longer for young lady to
get a smatteriug of grammar, than to
educate a doctor, minister, or lawyer.
| In these instances only two or three
years are required, Of six or eight
months each.
There must be wrong method in
study or a pupil would not work at
arithmetic or grammar during five
or ten years aud then know the rudi-
mcuts Of these branches very imperfect
ly.
If three months will give student
a good general idea Of text book in
physiology, philosophy, or physical
geography, when more years are re-
quirod upon books Of grammar, OF no
larger size, there must be some better
reason for il than to say that the seien-
ccs arc easiest, as that can hardly be
true. The fact Is, we begin our educa-
ton where wc should rnd il, that is a
general cducltion. is like Iady's
trying to teach her seven Jear old
daughter, the rudiments Of cookery aud
cake-making, and waiting until she Is
seventeen before she taught her needle
work.
There is a natural method ia educa
ton based upon the three grand diyi-
sions Of the human intellect, aud the
order in which they are developed IN
the child. The intellectual faculties
may be divided into three classes, viz;
lst, the perceptiye or observing, and no
ticiug faculties ID, the memory aud It's
various divisions Sd, the reasoning
judging and comparing powers. The
pcrceptiye powers arc first developed
lbs nature ia the child, and should be
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-24
from Oiirrt

Der. l5th,-Mrs. George Young is
visiting friends east.
The advance in prices has caused
large quantities Of wheat to be shipped
from the woods ria Maiden Rock.
--0liyot is to have new store as
soon as the new hall building can DO
fitted up, as the arrangements are now
made with responsible parties to put
one in.
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-24
9rom TrenfoM

Der. lsth;-Wheat brings a fair price
yet.
We are having some cold Weather.
Those who have not finished husking
their corn, may expect to have cold
tingers
- Ryan returned from MINI. last
Thursday, where he has been at work
at his trade, to fed all of his crop in
as hes Jim is hard working fellow
aud it is pity he should meet with
such q loss.
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-24
Republican Ticket.

Republican Ticket.
For 3overnor,
G. G. WASHBURN.
For Lieut.. Governor,
Il. II. BAKER.
For Secretary Of State,
Il. w. YOUNG.
For State Treasurer,
OLE @. JOHNSON
For Attorney General,
L. f. FRISBY.
For Superintendent of Public Schools,
ROBERT GRAHAM.
For Commissioner of Immigration,
G.. p. LINDMAN'
For State Senator,
II. d. BARRON.
For Member of Assembly,
j. II. PERSONS.
For County Superintendent,
Nj. II. CADY.
9 e~s------
Summers gone and over:
Fogs are falling down;
And with russell tinges
Autumn's doing brown.
So Oetober's going
Cold and most perversc--
But the month that's coming
Sure will pinch us worse"
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-24
J. s. Rounce,

At bic mill on the Trimbelle River, IL
prepared TO shell Germ, grind the same IN
to meal for family use, or for feed. Also,
manufactures Graham Meal from wheat
&c. sc. ylTnls
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-24

Custom Work Made 10
Order.
rsza-Repairing done with neat
ness and dispatch.
lG-4o
River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1873-10-24
FOR SALE.

The subscriber offers for sale
twenty acres Of timbered land, four
miles from River Falls, described
as NJ OFFS. e. Of S. WI Section
20, Town u, Range Is. II will be
sold very cheap. Inquire Of
A. j. WEST,
Clifton Mills, Oct, /, 1873.