davidaulloa/AmericanStories huggingface dataset:
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

1t is well known that the contest last
fall between the republican party and
their opponents, in one particular was,
that the Greeley party demanded early
resumption of specie payments. This
was and has been hobby with Gree
ley, a man of great ability in many
ways, but the poorest of all financiers.
When the Secretary of the Treasury,
little less than a year ago, touched
upon the forty-four millions retired
legal tenders to issue a small part of
them to relieve money stringcncy
and prevent then panic, the opposi-
tion papers and speakers howled woe
fully, representing that 1t was an infla-
tion Of the currency.
This action of the opposition has
prevented to large extent remedies
being applied and provisions made to
crush out such panics as seem bound
periodically to seize upon the country.
Nevertheless, it does seem to us
that the republican party has made a
mistake in not exerting itself more to
make provision for these things.
We know just enough about the
theory of finances to know that the
problem is most difficult one. We
do not pretend to be able to cope with
it, and it is amusing to see how glibly
demagogues running for petty offices
will prate long and loudly Of their
ability to make laws to ensure the f.
nances to run smooth always. The
Chicago Inter-Oceau about a year ago
made suggestion to provide safe
guard against panics which is highly
worthy of consideration. 1t said:
Provide BY act Of Congress: To permit
any holder Of 4l0, 900, or:.multiples thereof
in any OF the gold-bearing bonds of the
United states, to deposit the same tempor-
arily at the fub-treasuries or designated de-
positors in New York, San Francisco, New
Orleans, or Chicago, under regulations to
be made BY the Secretary Of the Treasury.
and receive al amount of United States To-
gal tender notes equal to the face Of said
bonds temporarily deposited and upon
presentation Of like sum in United States
notes at the place where said bonds were
temporarily deposited, to receive the said
bonds, or their equivalent in kind, less the
interest sclsich s00uld hare accrued du-
ring the time that the said bonds acre
temporarily deposited. The converter or
retirer Of bonds IS aforesaid to adjust by
payment in gold the value of the current
interest at the time Of conversion and With
drawal, whether the same be represented by
coupons or otherwise, as may be provided
by regulations established by the Secretary
Of the Treasury and provide, further, that
the Secretary Of the Treasury be required
to hold in reserve United States legal tender
notes to the amount Of $40, 900, to be
used for the purpose temporarily retiring
United States bonds as aforesaid, but the
sad notes shall not be a1sed for any otAe,
purpose, nor shall the whole amount OF
United States legal tender notes. including
.nose which may be held in reserve and
,Iose which may at any time be held in the
United States Treasury, sub treasures, de.
pos,tories. exceed $4OO, 900 900 until ex-
preas'y authorized BY law.
~
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02
"A Des Moines dispatch, last night

"A Des MOines dispatch, last night
says:
c. Il. Whiting, of Monona county, a
farmer and a Democrat, has been Sc.
lected by the Anti-Monopoifsts com
mittee for Lieutenant Governor il,
place Of O'Donnell, declined.
Now will anybody be kind enough,
to tell las who G. f. Whiting is, and
what his particular merits are, that he
is thus ruthlessly dug up from obliv-
ion to be slaughtered at the polls on
the End Tuesday in October? Don't
all speak at once.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

"in all Glasses so1ten there is ma Conn
petition, the Judges may, at Their
Discretion. 1,card Either the First
o. Second Premium, bM only me
SECOND Premium Honey wW be
Paid Ride IA.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

The yellow fever still RACES with in
creasing fatality in Shreveport, and
has now also broken out at Vicksburp.
Miss. At Memphis it appears to be
gradually disappearing. The state of
things at Shreveport is in the saddest
degree terrible. The horrors of star
vation threaten TO be added to those
II the pestilence.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

1t is sing, lar how panicky the pop
nlace will sometimes become, and Just
like the old woman 20 to work and
kill the goose that lays the golden egg.
They get sick and faint, and stand
hour upon hour in line as they have
been doing recently in the east to draw
their little pittance from the bank,
when, perhaps by the time their turn
has come the institution is obliged to
suspend, because of the sudden and
overwhelming demand upon 1t with
out days warning.
The case can be best caricatured by
instancing the individual standing up-
on building. While he stands in the
full possession OF calm mind, he is
all right, and no more danger need he
apprehended than as though he stood
upon the ground below, but let him
look down, be overcome by dizzy
headedness, and he perishes by falling.
SO with the populace. All is right SO
long as they do not get giddy and run
wild.
Indeed with the stable foundation
upon which our finances are based all
is perfectly safe If we act like consid-
crate wise men.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

1t IL aought by some to make hazy
mystifcation out Of the return OF
back.pay by Congressman into the
U. 8. Treasury. Either those who
seek to do this are stupid or cunning
for . purpose.
They either entertain this very fool
ish notion that any man cannot make
present, gift, to the government
and SO soon as the gift is accepted
make 1t final and the money irrecover.
able, or wanting to hedge about the
necessity of returning it to still public
clamor and finally keep the cash, they
setsdoat the idea that after . gift 10 made
and accepted 1t can be legally recalled.
That Is very silly idea, but il parties
anxious to dispose Of their back pay
have doubts about it, they can buy
government bonds and then DESTROY
them.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

Commodore Vanderbilt did very
mean trick, if reports be true, during
the late panic. In order to pay the
balance of a fictitious dividend that
had been declared on one of his roads
he made a called loan Of $l,75O,OOO of
the Union Trust Company. When the
pinch came, the Company called upon
the Commodore for return of this
accommodation, and he fatty refused.
He thus placed himself in the position
OF the business man who borrows till
the next day, hundred dollars Of his
neighbor, and then. though his neigh
Dor may be In such straight as to de-
pend upon the hundred for his SOL
vency, yet he refuses to pay it, when
he is abundantly able to do SO. The
Company were obliged to suspend,
when, If Vanderbilt had acted any
part of man lthey probably could
have withstood the shock.
We hope the old Commodore will
get squeezed some day without mercy,
or die before long, and get out of the
way.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

The Des Moines Re0ister says thai
"stray leaves from soon-coming or
ange blossoms fiutter around in proph-
ecy of weddings to be-" Let 'em tlnt
Its none of your funeral.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02
The Opportunity.

The present moment offers the best
opportunity in the world to show
the stuff men are made Of. We have
no doubt the banks of our city are
sound as dollar, just as sound as they
ever have been. It therefore remains
for the people to place implicit conf
dence in them and leave in their vaults
all that we possible can for few days,
say from fifteen to thirty days, and all
will sweep on in its accustomed cur
rent ofprosperity. Already we think
we see light appear.
Yesterday good and staunch men
were in from the country who
had each from hundred to
two or three thousand dollars
In bank who, upon a little
explanation given them, were perfectly
satisfied, and went away leaving their
funds in bank, having the fullest conf
dence In its safety. Such conduct is
worthy of all praise, and if followed,
will quietly but surely brush aside all
trouble in very few days.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

"Grand Central" as hotel name, Il
an immense success; bnt some OF
those hotels ought to be named Grand
Scentrals.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

Ex-President johnson will stump
tennessee on his own behalf this fall
- . candidate for Governor.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02
TIRE CRASH.

The crash in railroad stocks and
bonds, and the failure of so many of
those bankers dealing in them, is nat
nral enough. Sooner or later ii had
to come and it might as well come as
to hold of longer, because the patient
would only be growing sicker the
longer the disease in these securities
was let to run. The fact is, that the
capital in railroads was becoming so
fictitious that though the enthusiasm OF
the people and of spectators ran wild
after railroad bonds, the plain truth in
regard to them had to come to light
and be recognized. Capitalists were,
in building railroa Is, making too many
credit mobilier transactions.
For instance road that say cost
twenty thousand dollars actual money
per mile is built ut cost of thirty
thousand dollars. In the first place
the bonds are sold at say eighty cents
on the dollar, and the bankers selling
the bonds have cat up ia commission
TOR the sale of the bonds two thousand
dollars mile more. In this ruinous
way Of building the road one third
more Is expended in building it than
it really costs in cash, and debt in
stocks and bonds, SO that it has to pay
by its earnings interest on one-third
more capital than was really put into
IL.
In the next place older roads which
have become remunerative on the in.
debtedness first incurred in building
have their stocks watered by eastern
shylocks, in many instances to double
and tribe the original amount. This
is fashionable way with those who
have the control to pocket millions for
themselves, as it were, by single
throw of the dice. These methods
have SO diluted a part of the railroad
stocks of the country that finally capi-
taltsts have come to see that such
stocks and bonds are fictitious and un-
sound, and hence they are fast letting
them alone. Undoubtedly the pres
ent sitting by the people of all these
things and the opening Of their eyes to
the true state of the case, In their |
search after cheap transportation, has
brought the matter to a focus result
ing in the present crash in these
stocks.
The fact is we had been borne on q |
high tide of railroad building and the
few men were raking down millions
in day at the expense of the many |
and at the expense of healthy finan. |
cial condition. As we said, therefore |
1t had to come sooner or later, and bet
ter now than TO be longer deferred.
Ottumwa weekly courier. (Ottumwa, Wapello County, Iowa) 1872-1899, 1873-10-02

HssA Field Crops, Grains and Seeds,
and Vegetable, entry books not re-
turned by Committee.
The weekly Shasta courier., 1873-11-29
Presentiment.
BY MARY C. p. WOOD.

When lingering late on the mountains,
The rosy last light Of the day
Lies tenderly, while all the valley
In twilight is chilly and gray;
think OF your life, as it seems to me,
Flushed with loves colors divine,
And sadden. remembering the darkness
That long ago fell upon mine.
/ stand, truly, down in the shadows;
Yet see how they creep! how they rise !!
As night comes to cover the mountains,
So trouble shall come to your eyes.
But with darkness or sorrow encompassed,
Mountain and valley and sea
Are still in their places-and you are
No nearer-no nearer to me.
There is nothing ask Of you-nothingl
When sea winds come up from the south,
Blow up and blow over US, turning
To white the warm red OF your mouth
And white wings beat inland in horror,
And white seas fly up on the sand
You will shrink from the pallid forerunners
or Fate-but will not understand.
Your quiet gray eyes in the cleaning
Shall sometime see clearly-yet pass;
For the night is to come, and the tender
Pale color is yet on the grass.
Not yet over seaway and highway
Has Fate driven you. Let US wait
Lest shudder of knowledge should hasten
The fast flying footsteps of Fate.
till feel the dear day in its glory,
nd live while Life clings to your side;
Look out on the lovely blue water,
Nor think Of the turn of the tide
or the night that comes surely-ah, surely,
With storm-birds blown in from the sea !;
But rest still content and beloved,
Unmindful of storms and of me
The weekly Shasta courier., 1873-11-29

THE BAD BoY.-Wood tells story of
Hoskyns, the Winchester college boy,
who, having neglected to write his verse
exercise, glanced for minute or two
over the shoulder of a more diligent
school-fellow, and, upon the master call
ing him up, said he had lost his paper,
but if he might be allowed he would re-
peat without book the twenty verses he
had written, which he was permitted to
do. The other boy was called next, and
showed the verses which Hoskyns had
just repeated, and, being taken for the
thief, was severely whipped.
The weekly Shasta courier., 1873-11-29

Ministerial Observation-Disclosures is thus
illustrated by an exchange: Zone of
our eloquent preachers, noted for his af-
liability, desiring to forward to party
to whom he was indebted, a check for
500. drew the check for that amount,
wrote his letter and posted it, and on his
return home found the check lying on
his desk. He Immediately wrote anoth-
er letter, stating the error, pm the check
IN his pocket and deposited the letter in
the post Office. Finding the check few
hours later the reverend gentleman was
compelled to write third letter, ex-
planning the second one"
The weekly Shasta courier., 1873-11-29

The expectation from England of rail-
way carriages for passengers seems to be
greatly on the increase While the value
in eight months of last year was s22, 1913,
the value in the last eight months was
ESQ GOO.
The weekly Shasta courier., 1873-11-29

There were received at New York last
week 2, ,953 122 bushels of wheat-nearly
one million of bushels in excess of the
receipts of any one week on record.
The weekly Shasta courier., 1873-11-29

Egypt is reported to contain lib nav
igable canals and 756 smaller ones, con-
structed for irrigation.
The weekly Shasta courier., 1873-11-29

The population of the British posses
sions beyond the seas exceeds 200, ,OOO,-
600 souls.
The weekly Shasta courier., 1873-11-29

1t is said that 100000 Welsh people
still cling to their native tongue.
The weekly Shasta courier., 1873-11-29

Russia is reported to have but 100
newspapers, Germany 1900.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-01


To prevent imposition, only the following parties
are authorized to receive subscriptions to this
fund. All contributions should, therefore, be sent TO
The NEW YORK HERALD office.
Mayor Havemeyer, City Hall.
Francis ii. jerks, President Safe Deposit Com
pany lao Broadway, New York.
Andrew W; Leggatt, Acting Collector OF Assess
ments City Hall.
Jones 4 Ryder, 4s2 Broadway.
Charles O'Conor, superintendent "Down Town
DISTRICT comprising the First, Second Third,
Fourth and Sixth wards, headquarters 40 PARK
George Calder, superintendent "Bast Side dis
trict," comprising Seventh, Tenth, Eleventh, Thir.
tenth and Eighteenth wards, headquarters 327
Rev. Arthur H. Warner, superintendent "weat.
erly section" OF the Ninth ward, headquarters AT
J. L. Dawes, OF Sheldon 4 Co., e77 Broadway.
Theodore Moss, walack's Theatre.
Dunlap Co., ia Filth avenue.
Charles II. Kendrick, General Passenger Agent
New YORK Central and Hudson River Railroad,
room Grand Central depot.
John y. Faure, Secretary, and superintendent
"Easterly session. o. the Ninth ward; headquar-
tiers 23o West Eleventh street.
G0uverneur X. Lansing, Earlc's Hotel, Treasurer.
Rev. Alvah Wiswall, President, and Superinten-
dent west Side district" comprising Filth and
varick street.
Packages or groceries, medicines, &C., may be
sent to the Rev. Aivah Wiswall, who VIII forward
them " the various eupeylntendenta
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-01
THE CIVIL DAMAGES SUIT AT NEwBURe.

NEWBUR0 July 81, 1873.
The first case tried In this city under the new
Civil Damages Liquor law, that Of Ann Sheehy va.
Bernard Mitchell, which came before Justice II. O.
Milspsugh and o jury on Tuesday, has excited con-
siderable interest here. The plaintiff swears that
she has four children and no other means Of sup
port except that Afforded by her husbands labor
that Sheehy SPENDS most OF his time around drink
ing saloons that Mitchell furnished some Of the
liquor which he drank; that thereby he was
kept from his work and his family made to
suffer. She claimed $500 damages. Three wit
nesses swore that Sheehy had drank ale
at the house OF defendant once since the 29th Of
May. The defendant testified In his own behalf
that the husband OF the plaintiff had drank the ale
only on one occasion since the date stated, and .
place of business and witnessed the transaction.
The defendants counsel then moved to dismiss the
case, on the ground that the plaintn mad not
proved any damages. The motion was denied Inc
case was then summed up and given TO the Jury,
who. after being out twenty-five minutes brougns
in Verdict OF $50 for the plaintiff The case s '"
carried I'D ON appeal.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-01
rRIeHTPUL RAILROAD ACCIDENT.

At Eve O'Clock yesterday afternoon as Christie
pher schmech. o German farmer living In the
vicinity OF Middle Village, Long Island, was
on his way home, with his wife ana son.
in one-horse wagon, he attempted
to cross the track or the rusnlnS
son avenue near Weodside. The ave O'CLOCK tram
was passing, the horse became r,g n ,e' ana
SchnS Oh was instantly killed. his wfe's left leg and
arm broken and the son had his lett arm broken.
Mr. Schmech was about forty 1--WE years Old and had
to the accident. Coroner Reimer was notified and
was soon on the ground and empaneled Jury.
The in0uest will be held at seven O'Clock this eKen-
ing the horse got away without injury, bu('the
wagon was torn to pieces and carried some dis
lance beyond the crossing.
The railroad companies are greatly to blame, a.
neither company has the usual sign TO warn people
VI danger.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-01
GREEN no HAVEMEYER.

The Rental of tho Armory at the COrneA
OF Ninth Avenue and Twenty-first
gtreet-Is this q Remnant OF Tam-
many Corruption or q Distorted Vision
Produced by Economic Manias
In letter from the Comptroller TO the Mayor,
bearing date July Is, 1878, that gentleman deems 10
his duty to call the attention OF the Mayor 10
tain resolutions adopted by the Board Of Super
visOrs october 81, 1872, one of which directs the
Comptroller to pay the rent-under the lease by
Charles Johnson, George Sheppard and Francis A.
Palmer of the fourth floor OF the building on the
southwest corner of Ninth avenue and
Twenty first street up TO the first day
of November, 1872, upon receiving from
the lessons of said lease q full discharge
to said city and county of any liability for the
naming term OF said lease. The other directs the
Clerk OF the Board Of Supervisors on It's behalf to
execute new lease from the above mentioned
parties for term of twelve years and six months,
from N %T NIB lsl at rent Of $1,000 the
as was not authorized by the resolutions which
have been referred to. In this alleged lease 1t is
subscribed that the premises are to be used only as
armOres so That II during the next twelve years
they should not be required for armOries and drill
as the lease cannot by its terms be assigned with.
out the consent Of the lessons they would be able
TO get back tneir premises on very adyantageoIs
effect depended upon a discharge Of the city and
county for any liabilities Tor the remaining term
OF the existing lease and the payment Of the rent
in arrears The Board Of Supervisors have agreed
to cancer the said lease the payment to them by
the county Of the sum due them to November !,
1872 and make new lease OF the premises The
Comptroller says:-'"rhe same statement is re-
peatcd in an adidavit OF Mr.. Johnson, on the 10th
OF June, 1873, as the basis OF an application
Tor mandamus to compel me to pay the
rent. 1t will be my duty to resist, by
all the means in my power. the payments
of any rent under the new lease. II the rental
value Of the fourth floor be eighteen per cent OF
that OF the whole building rent Of SIS, 900 would
be equal to o rent OF 100000 for the whole build
ing, while the assessors only valued the property
in 1870 at $55,000 which was afterwards increased
TO $4,000, and then again to $50, 600. The term
OF the two leases is fifteen years and four months
total rent for that year, If the leases
are valid, will be for the fourth door $20l 600,
which is more than the actual present value Of the
property and 1t seems that nothing more than
statement Of these facts can be necessary TO show
the character Of the lease. The lessons themselves
admit the fraudulent character OF the lease BY
Offering to reduce the rent from $4,000 to $l2 o06
Ii $4,000 were fair rent 1t Is not probable they
would consent to the reduction. I shall send q
copy OF this communication to the Corporation
Counsel and request him to take whatever pro-
ceedngs may be necessary to have each Of the
Lana mill al
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-01
HERALD, FRIDAY, AUGUST SUPPLEMENT.

goods were stored, and were thus the means OF
avoiding the loss OF millions OF dollars.
committee from the Board OF Underwriters
with view Of at once assuming charge OF the
damaged goods and debris. But a. the govern
nothing about insurance or insurance companies,
Mr.. Lydecker respectfully declined the proposition,
and remarked that only after the goods affected by
fre have been made duty free can they pass into
their custody and for the present the customs au-
thorltles must retain charge OF the same.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-01


paid under such circumstances on proper vouch.
by the Secretary Of the Treasury. II the goods are
and II insured, are delivered free on payment OF
tariff dues to the underwriters, or, II
uninsured, to the owner. In the latter case
AN EXTRA DAMAGE APPRAISEMENT
is made upon which to base refund Of taxes. Mr..
Lydecker further remarked, that the business OF
the government will not suffer the slightest inter-
ruptlon by the accident, and that he mad already
issued orders to transfer goods intended for the
public store to the general order warehouses.
The elevator on the Greenwich street side having
been rendered useless by the fire. the other, on
New Church street, will be the only one used FOR
the present, until the first named can be replaced.
The Acting Collector attributes the safety OF the
New Church street building altogether to the prac-
tical foresight OF Mr. Tompkins When this Ofhcer
took charge OF the builuing he found that the
stores on Greenwich street ran through to the
other 'front.' without any partitions, length Of up
wards of 200 feet Mr.. T0mpkins sought the owner
OF the building, and made him acquainted with the
danger attending such an exposed condition OF
the warehouses, and suggested the necessity OF
providing iron doors for the openings. The owner
OF the houses refused to 20 TO any such outlay,
when Mr.. Tompkins reported the tact to the insur-
ance companies, who compelled the owner 70
cause these mucn.needed precautions to be taken
or, In case OF refusal. they would cancel the pol
icies. The beneficial result OF this measure was
made fully apparent by the late nre The iron
FIRED TO WHITE HEAT
kept the devouring element from entering the New
Church street buildings where the most valuable
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1873-08-01

The Trcasurer's Report.
The following additional subscriptions have been
received since last report in answer to the appeal
in the HERALD