New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-10-08
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CURRENT DISCUSSION.
SENTIMENT NORTH AND SOUTH.
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IL ~ always with regret that we take lssue
with TIE NEW YORK TRIBUNE, paper we ike outside
OF the admiration have for its ability, which Is
Of the highest order But we have seen of late decided
tendency at the Southern sentiment manners
and morals once or twice We have called attention ~
tins Another instance Is under our eye; speaking OF
the late brutal murder IN Georgia schOolroOm where
petty spying and censorship were resoed to by the
wife OF the teacher and bowie knives were USED 10y the
pedagOgue. her husband. means o. punishment and
by the refractory young man in defense ~ says; -.
Nos We make no pretense 70 any spetioL neh. Hoia
ths statistics Of above oui southern bieihrei.
Robbery and murder with Us are Usually insngaied BY
b;,r ~ +-, - ~ tb Probs An, Wsortb eases urtnown TO
-nilt Q, loiivi' ~ % 'D lol - r h~ies Drcsa,s
tor the BOYS Bat ne % contend That padre sentiment WIN
ano healthy Northern teacher might murder one Of hs
boys bun What school Wond female spy be tolerated or where
dagger be- hsb,ue subsuIael Tor ruer or DTcf
The adInlss ons made IN ms eAcefp' irOn uls
almost neuraze the effect OF the charges Ana really
Clean and healthy" where robbery and murder are
usually instgated by avariee or more brutal passions
the civilization OF the Southern states Is contained in
the last phrase 81 the last sentence Quoted aDoVe 1H
TRIBUNE, like the senseless partisan papers OF IT'S sec
teen makes sweeping generalization OF an lsOlateu
fact That daggers are haoitually substituted IN GeoT a
or any other Southern for the rod is mis-
statement that a wenfOrmed and representative jour
mai IKE TIE NEw-YORK TRIBUNE should blush 10 make.
the teachers OF the South grave Injustice, II
wrongs people Of these States, whose civilization Is
"A nue aud elevated as that OF any people in the world
and 1t rebounds in the end upon the author Of the
charge THE TRIBUNE owes il 10 itself is own reputa-
ton as the first journal America, not only 70 cease
least Of sectional animosty, but 70 make
reparaton for the errors OF the past
COUNT OF THE BANK OF ENGLAND.
From Tie London EooHouast
In fact, ali the circumstances which we de-
a week calling for advance OF the rate
continue operation and new circumstance has since
occurred 10 strengthen them. THIS is the report re-
from America yesterday Of financial panic IN
NewYOrk and Philadelphia. and the suspension of the
banking OF Messrs. Jay Cooke Co. We nave re-
ferred more than OF Late TO the peculartes OF
American finance. which betOkened the possibility OF
danger. The New-YOrI banks have for months been
position OF chronic difficulty, and tLere Is no Doubt
good deal OF difficulty arising ont Of the state OF The
currency TIE amount being increased. substiin
tal contraction and appreciation OF Yaue
must have been continually gong on Inc
population country like America increases rapidly
and stationary amount Of currency becomes less ana
less sufficient 70 the work required OF u. II be
cOmes no longer possible 10 maintain the former lnlaJed
prices and hence we believe the chronic strincency IA
money which has long prevailed In the United states
and the panic which Is now reported 70 have com
menced IL is quite possible OF course that the hrst
reports exaggerated but the TACT that nnanca uou
Die If now seriously threatened III America tnan
ever certainly powerful why the reserve OF
the Bank Of England should rather be IN excess than De
deficient We DO think that the present reserve Is
enough for almost any circumstances. ana az 10 Will
shortly be diminished by the usual periodical with
drawals Tor the country, we look upon u az uch 700
low. In times Ike these We regret every week deay
OF the Bank III raising the rate.