Shepherdstown register. [volume] (Shepherdstown, Va. [W. Va.]) 1849-1955, 1873-02-15

readers have heard a great deal OF this
lately, but few, perhaps, know what 1t
means. There has long been an asso-
citation in France, known as the Credt
Foneie,, which loaned money upon ian
ded or immovable securities, but III 1907
an association was formed for loan.nS
money upon movable property and
took the name Of C'edh No6H'er. u
soon became q profitable enterprise and
extended over Europe assistingmaterial-
" in the building Of railroad IS and IN
the promotion Of mining. The term
was introduced into America by Geo
Francis Train, who established 4 CredH
F0ncier with Omaha lands some years
ago and gave the name of "Credt .Ho-
6ilier of America, toa corporation, with
universal privileges, landed and nova
bic, which was organized in Pennsylva-
MIA. The name was appropriated by
Messls Ames & Co., with Messrs. Du-
rant & Co., to serve as the party OF the
third part, in The famous ''triplicate a
greement," by which the managers OF
Union Pacific Railroad let out the con-
tract for building the road to themselves
and took, in payment, the road itself,
all the L. 5. Bonds, Ill the first mort
gage bonds, and al the |. 5. land,Siven
to the road, &c.,a a profit OF more than
one thousand per cent. on an entirely
fictitious capital This is what Congress
means by Crsdi DlOjiAirr. The |. ).
furnished the money. and -Ames " Co.,
taking all the mo vables.
gsy- ENCOURAGES YouR MECHANICS
Do not, says an exchange, send abroad
for help you have work to do when it
can lie done in your own town. En-
courage your OWN honest, industrious,
faithful mechanics They need all the
work they can get. BY such course
you keep money at home, assist the
worthy, and have just as good work
performed. 1t is the way to make your
town prosper-to support our own
schools, churches, and press. Where
there is a disposition to send hundred
miles for an article that, to say the least,
could be manufactured as well at yollr
own door, there will be always little
or no business done in that place. The
churches will be thinly attended and all
kinds of labor extremely dull. Wher-
ever mechanics are the best employed,
prosperity is seen, the social virtues pre-
dominate, and kindly, brotherly feeling
is experienced, which is the source OF
unspeakable happiness.
nY~ Our EpIrok,-The lIagerstown
Neys of Wednesday last, thus tells us
of the whereabouts Of our editor:
and now comes our friend little, Of
the Shepherdstown Register. He ac-
corded us passing call and we found
him ''brimfull" OF sociability and the
Shenandoah Valley Railroad. lie tar
ried but moment, as he was bound
to Baltimore Via the Western Maryland.
We could offer no inducement sufficient
to cause him to lay oyer and permit us
to ..show him round.
fsgr HoNoRs.-While the body Of the
late Commodore Mapry lay in state at
Virginia Military Institute, the follow
ing gold Medals, awardedby the clown-
ed heads of Europe, adorned it:
The Legion of Honor, given by Ma
poleon Ill; the P,erlugeas order OF
Tower and Sword; Order Of st. Anne
of Russia Order of our Lady Of Guada-
loupe, given by Emperor Maximillan Of
Mexico, and placed on him by the En-
press Carlotta; Order Of Dannebrog OF
Denmark.
s=s~ THE W. VA. EDUcATIoNAL
JoURNAI.--The February number Of
this Journal is TO hand and contains
not only readable articles. but also some
that are valuable to teachers and others
interested in education The editors of
fer large premiums for clubs of forty
and less. Blair & Gibbons, Publishers,
Parkersburg, W. Va
gEg" GREAT REJoIClNG.-There was
great rejoicing i'll Richmond, Va, on
Wednesday last, upon the arrival OF
the first through freight train, from
the Ohio river to that city, distance
of APO miles, over the {. IL. o. X. X.
lately completed. There were military
professions, firing of salutcs, ringing of
bells, aud speech making.
Ca CoURrSlir IN CHURCH.-A gen
tleman while in church desiring to make
known his hearts wish to lady, polite
ly handed her bible opened at ii John
V. 10, which she returned pointing to
Ruth ii, 10. He handed it back TO her
pointing to iii JOHN, Is. The result
was amarriage, and the moral is, carry
your bible to church with yop
Has" IMpRovEp.-The Leesburg Mir
ror come to us is new dress and en-
larsed in form. We congratulate the
Mirror upon this evidence ofplosperity,
and wish it renewed success.
Ezg- SEEvIcEs.-A protracted meet
~ u IL EL....L