davidaulloa/AmericanStories huggingface dataset:
, 1873-07-03

Diyora and sundry porsons, Mayor Mcdtu Ia
informed, arc making o1tonBivo preparations to
celebrate tho Fourth by violating tic city ordi-
nanoes about discharging fireworks, pistols. md
other explosive things. Ho warua them, by proc
lamation, TINT to do 40 ia to commit miadomoa-
nor, and calls upon tho police to nrroBt any suol
offondors. Not to be too hard upon the boys, ho
allows them full liberty in the public parks and
In open epacos remote from buildings To dis
charge firearms, nre.crackers, nro-worke or any
explosive or combustiblc material in any othor
place within the city limits, is an oironae on tho
Fourth, ae on any othor day, md will subject tho
offenlor to arrest and fins.
, 1873-07-03

"Govcr1,or Kellogg has always boon little
istration, as ho shows by tho alaority with which
fo hastons to announce to his surcr1ors ut Wash-
in8ton TINT ho is about 10 pay s325, 600 interont
duo on tho dobt Of Louisiana. Although this is
matter nolo1y Of State concern, and tAero is no
law compelling Governors Of States to notify the
Department Of Justice Of tho Obj aud low Of
stato finances, tho jubi1ant Governor addresses
hfa communication to tho Attorney. General OF
tho United Statos. Ho also says ho has paid q
largo amount ofintorost-no loss thnn $500 600
which ought to lave boon paid by Cor. War
moths administration.
, 1873-07-03
protection Of tho Constitution Of tho United
etntos. Upon thiB point ho anid


Tho federal Constitution protocols all contracts from
1egtn1ntlvo or judicial nvnsion tho rhrt Of tho
stalcs, and legislative clsrtars contracta Within
tito meaulng Of tho Constution, and tho question is
wholor thia lcRtetaton oca invade chartered rights
Of tho companies. This ia q Federal question, ono
whose ultimate solution and Anal settlement resR,
md rcss alone, With tho Supreme Court Of tho United
States,
Upon srch question tho docistona Of tho State
coura hayo persuasive or argnmcntntlvc, but not
binding or authoritative, force.
Tho Court addod that, until tho question ahnll
bo decided by tho Supreme Court Of tho United
Statoa, 1t would allow tho Receiver to follow liig
own judgment, wllilo it would allow suits
against tho Roceivcr to recover back any oxcoBs
in freight charges. Tho Court did not wish IL
understood that it had any Axcd opinion that
thoro WAS my middle ground botwcon tho abao~
iuto right of tho comranies to fix thotr own
compensation md tho absolute right Of tho
Legislature to prescribe their compensation. It
nppoara TINT tho caso Of appeal from tho ST.
promo Oonrt OF the State III now docketed at
Washington, md will DO argued thoro at tho
next term.
, 1873-07-03

Mr. Charles Seymour, Of the LaCrosso Repub-
dean, thinks 1t is the duty Of tho pross to take
of from tho Northern Pacific HALLWAY Company
"tho sharks. cobras, anacondas, tigers, and
wrockors " who havo fastened thomaolyes upon
1t. If thcre be any such monagorio attached to
tho Company, It is undoubtedly tho duty OF
somebody to tako thom of, but NO do not SOC
how tho press is going to do It. It would ap-
poar that tho Company itself WIS moro
Interested in taking thom of than tho
preaa or anybody elso. II they aro
retained for the purpose Of making
push on Congress to get subsidy, or Gov
ornmont indoraomcnt Of tho bonds OF tho Com
pany, tho monagerio will not bo worth 10 conta
on tho dollar. They will all cnt their hoadu Of
before Congress passes the bill.
, 1873-07-03

In the management OF tho Union Pacific Rail-
road II tho Government counsel Gun prevent it.
They hnyo procured On injunction forbilding
tho Directors to pay oithor principal or interest
on tho aeouritiea which aro hold by thoso coll.
cer,od iu tho Crodt Mohillor. Tho ti1no for the
payment Of tho July intorost is at hand, aud the
Company aro prohibited by tho same injunction
from 30 diverting any Of their aAsotB ~ to be
unable to. pay this interest, mud it ia intimato.l
tisat, If they show any disposition to act in bad
fait1 In tho matter, Receiver will DO appointed.
, 1873-07-03

men arc now froo to 60 a'tlaling In Dominion
wasors without molentaton,: and aro no longer
compelled +; measure tboir DISTANCE from shore
IA
bofore thoy cast their llnoa. And what ia sauoo
tor tho American fisherman Ia sauce for lilo ca
nadian fisherman also. With tho new advantngcs
which our fishermen posBoas, q now impetus will
bo given to thoir business, and tloy will DO tho
gainera thoroby. That tho Yaukoo sktppora will
Improve tho'r opportunities there can DO no
doubt and, IN soon as tloir 1oots Of amacks
got into Canadian waters, they will mako It llvo-
lor than ovor boforo for Canadian cod, lin ddocl,
and hnlbut.
, 1873-07-03

A very interesting case haa rocoutly been de-
voloped in Oregon, which in Bomo respects is
parallel to tho English Tichborno case. Both
tho motive and the moann arc the Bamo, although
the romance Of tho English case ia wanting, aud
the American claimant has not wandered so fur
as the butcher, Orton, nor has ho boen tho horo
Of 10 many advonturos. CuriouBly, also, tho ro-
suit thus far las boon similar. The English
claimant Is now on trial for perjury; tho Amori-
can claimant hos also boon Indicted upon tho
same charge. Tho facta arc about az follows =
In 1876, n man by tho na1no of Joseph Thomha
marriod Elizabeth Carruthora in Tcnnenseo. Two
yeara afterwards, Thomas abandoned his w1fo
and two cllildron. Tho vito then resumed hor
maiden na,no, and In tho courao OF Il fow yoars
enigratel to tho banAs Of tho willamette River,
noar Portland, Oregon whore tho family took
up somo land. In course Of timo they became
wealthy, partly by tho Increase In tho value Of
tho land nnd partly by trading. Tho mother
died In 1860 and afterwards the children. They
had reported that tho fatlor was doad, and that
thoy had no relativoa In America. Meanwhile,
tho rentiyea had lost all track of tho family,
and did not learn anythlng Of tho property until
several claimants appeared. All Of those olaim-
anita, howeyor, waro dcn1urred out Of court,
ono aftor tho other. In 1870, desperate attompt
WAS made to get possession Of tho property by
tlaroo men In Oregon, ". @. johnson, q lawyer !;
]. III. Moore, and droen O. Davidson. ThoHo
mon went to Bt. Louis, and found msn in that
city. named Joseph Thomas, or "Wrestling
Joe," who WAS making living by soltng pies On
tho lovoo. They dsoHsod him up, anl had lts
photograph takon. They thon got decd from
him for tho property, which was acknowledged in
1t. Louis, tho parties affirming that tloy know
"Wrestlng Joe" and youohtng for him. They
thon took him to Portland, whore they fllcd tl,e
dooa and instituted legal proceedings to main
tain their claim. They claimed tho entire Car
ruthezsprorerty, and Wroatling Joo ewore thu,
hQ was tho father Of Finies. tl4a daughter 81
, 1873-07-03

Some timo ago, Mrs. Avery D. Putnam, tho
widow OF tho mar murdered by Foster, obtained
verdict OF $4,000 from the Seventh Avenue
Btroot-Railway Company for damages sustained
in tho death Of her husband. The oaHe WAS ap-
pealod to the General Sessions of tho Superior
Court, whore the verdict has been affirmed.
This decision is important by placing stroet1ail-
wayB III tho class OF common carriers, aud re-
quiring them to protect their passongera from
violence. Tho opinion Of tho Court holda
that tho atroot-railway il required "not
only to guard oaoh passbngor from
violence and assault by its own agents
md employees, but from tho assaults and
violence Of othor passengers carried in tho
game conveyance, and from other causoa Of
discomfort or injury which could have boon
reasonably anticipated or prevented" This de-
o,sion is valuable to pooplo everywhere who
ride on horso-carB. It is tho custom of tho
driyora, especially III tho one-horao cars, which
have no conductors, to allow tho passengers to
do oil tic police duty, throw out diaordorly
characters, aud take caro- Of themselves gen.
orally. Perhaps, In WOW OF tho decision IN tho
Putnam oaso, tho managors will Issue inBtsuc-
tiona to their ou1ploycs hencoforth to lona
hand In maintaining ordor aud protecting pas
aOurarp
, 1873-07-03
CONTENTS or THE WEEKLY TRIBUNE.

,,,,,. ~, r,,, ,vruv. ", ,.,,n,tons,o,, Ao,trs-
Political Fore4n Obituary Money ana hus!nsss- a
as!!!ys sass.T A1 a, a, s,.aas.
s5iy ta1s1 " an 1@!.e!.!ate @ fasss, sstisn: -.
$sS.1sa ;ss %oSaaaSs''-i' 0ss's' did Fsfa's@
wiiEAr, Tho 1tarvs:. At hiasconteh, IT,. IT,. A..
nos,sat Mo'.so ii op esontstiycs and tho Madison
srs q III psisn:e 51n q q ask rayTho iass sgubsas
;iSs
.si salasy.titsebeTsa aTss 1;noSns. q Iiotiron.
AFNIAL MISTAKE; D0ath Of rhroo poF'ons from
r ss IL Ss,;ssa
f talfss Baeolins Aisned- 11nnen:o isoaniaIy Injury
AZ %s!sfn nsas oasss f tEs 9'sa
" Z Ess %sss. ts
rS i so SsH s b.
ss o s Pc
ef,;ss d1snt Tis's: 'a:. An pr,rr,..In.
. s.,. I. Go ,ss NJ.
tto ths Ilosyr1sn: .S 1nt ARqnf ths
TtmiI liza. .Koopors@Tlnio to Obtain ilotton Wood.
AGRIUULTUNhf. REPORT: OHiulaI Btnton.cnt oi tho
C0nditlon Of tho Whent Qat Rye, and Harley Crops
TiiR FAiiM AND GARDEN; Making Fouces Of PIno.
Mumps-LayinK. up Htono.'Yall for Fonclug-A Atony
Fnrtn-IitiIo Saudy Pond ~ . Unrbpr-UsWeao TrHde
aud Oswego starch-Tho Da!ros- "A Hpmarsable Cow
rho Cruts-CnuNaa Thlytles-Pnrs Wates Tor tia
Dairy.
H11HjtN. !o11rctnn of CumicnlitIos,
uHirUAnY: Doath oi Gol. j. W Tostor, tho Eminent
inHrn EoinutisSketch Of Ills Qa.ocr aud List Of
V.sEss 9'' A - ~
THK NATIONAL DEBT: Statement for tho End Of
,junn
TiiE UIOLERA; In Europe, and nt CtnclnnatI, Nash.
TiiE DENTENNIAL CELEBRATION: Preliminary Ar.
rnnEomonts
in Virania Vity, Noy,-ren Persons Killed..
ptMOTOuiOAL: Proceedings OF tho Summon Bosalon
oi tic Michigan State pomo!ogcal boc!ety.
MOR.LAW. tynching Of 4 Murderer at Baen1 Ind.
to Xiii nin.oif. ."
p0ITFiGAL: Iowa Republican Stats Conyentlou-The
Nent!aatons ri nysautions: = -,
ias iieWecn oai. Rhott, IT, Editor, I'D H1-jadgo
{;pnloy-uiqe Cooley Shot ThruuRh tbs Ienrt al tG0
Second Fire -
, 1873-07-03

Tho distractions Of political affairs in Louisi-
ana. seem to characterize nll other affairs
in that State. Tho School Board Of Now
Orleans recently dismissed hIrs K. Z.
Shaw, tho Principal of tho High School
in that city, for alleged inaubordination
In not recognizing ono Mr. ". G. Brown, tho
Kollogg State Superintendent Of Public InBtruo-
tiou, with proper courtcgy. Brown aubmttod
a statement to tho Board tint he visited tho
High School and asked aoyoral questions Of Mrs.
Shaw, to which ho simply received the answer,
"Yos," and that he had no chair ofrorod him,
and that tho lady' In fact didn't aoom
plcascl to eco him. Mrs. Shaw, in turn, sub-
mitted countor-statomont, in which sha
avorrcd thut she didn't lnow Brown, aud TINT.
as he came into hor school without announcing
himself in any way, and commenced to talk to
hor in worry abrupt manner, she folt Indignant,
aud lot him shift for himself. The lady says, in
closing her statement: "In conclusion, must
respectfully remark that cannot SEQ or admit
Of the propriety Of allowing any stranger to
enter the portals Of a nchool without proper in
PRODUCTION by somo gentleman known to the
Principal. Courtosy Of this kind Is especially
duo to IN institution such rs this, which is at.
tended by upwards of 200 young ladies'" Not
withBtanding her statement, Brown succeeded in
getting hor dismissed, although ahe bud boon
faithful and successful teaehor for twenty-slx
ycars, Brown got his potty rovongo; but thia
will not prevent people who have any knowledge
Of what courtesy moana from pronounoing Brown
d boor, who YES very properly robuled for his
Ill manners, and Mrs. Shaw. Indy Of cloar grit,
in tho proprioties.
, 1873-07-03

TEnns Of BunaontrrtoN trATApnE IN AnvAroE,
PIX, X yma'.'.s1h S%%naeSy.'..""....S2.3 %d%e 2
fatts of ycnr Mt tho ammo rate+
10 provunt dolny md mistakes, bo sure hna gvo Post
Cftica address In full, including State and County.
Ronthnrcs nny bo .ado cts1cr bysrast o1press Poss
OiiIco ottlor or in registered iottors At our tsk
TEnalB TO CITY eunao1t!nENs.
Daily. delivered. hunday o1repod 70 eoate per week.
Dhi1y dclyorod. Sunday included, GO cota or weok.
Addross TIE TRIBUNE tOMPAhft
Cortier Madison aud Dcatborn.ats., Chicago, til.
, 1873-07-03

The Census Returns report only 841 deaths
in 1870 from dyspepsia, out Of a total Of 4e2 2es
deaths. while thero woro B32 deaths from thts
diseaao in 1860 out Of n total of 4,159. This
would Indicate that dyspepsia is on the decline
in America, which common observation is eut1l.
clont to disrrovo. The Now York World explains
tile nrparont contradiction by al examination Of
the returns Of group Of diseases Of tho dya.
peptic class, wlicl, forms long list, and con-
oludeH that ut lcast onotllird Of tho deaths onu.
moratcd under 1t woro from dyspepsia On thia
basis It is found tint tho deaths resulting
from diaeasee Of tho digestive organs havo
increased 100 per cont in proportion to
the total number Of deaths over tloeo Of 1860.
Coniirnatory statistics arc found in tho increase
Of the products Of dontistry, which is 200 per
cont over tl1oso Of 1860. Tho uso Of this illus-
tration is warranted by tho cfFoct Of dyspcpsfa
on the teeth. This Is nlso truo Of tho conaump-
tion Of patent noatrams which aro lnrgoly usod
for dyBpeptio affections, and which aro found to
have Increased 200 por cont over and nbovo tho
allowance for enhancement Of valueg. OF nti-
maee connection with this subject Is the fact that
one person out Of ovc1y 12.5 is homolcss and tho
probability that half Of tho homoloss people
live in boarding-houscn. Another curious CON-
putation TINT has boaring on tho subject ia
that which shows an oxccBa Of $7,702, ,083 in
bakery Rtatistics, representing the manufacture
OF pastry, which gives an annual consumption
Of o0o0, 900 pics, or ZOO 900 900 slices Of pics,
in this country. This, in connection with tho in
crease in the consumption Of whisky and con-
fectionery, will suffice to account for tho pailida
n'ors which goes stalking through tho land,
stamping dyspepsia on the chocka Of about half
the mon and women it mects.
, 1873-07-03

In Tie Spanish Cortea yesterday, tho Constitu-
ont Committee submitted it's draft Of Federal
Constitution for tho nopublio. It provides
that tho President ahau hold Office for four
years. and for ono torn only also TINT 8pnn
be divided into eleven States, Cuba. Porto nico
and tho other colonies being donouainatod Tori.
+o~io
, 1873-07-03

Holland hna nude 10 settlement OF any kind
with the Achoonoae, mud could not listen. the
Colonial Alinistor says, to any Ruoh proposals
MI those she is rccontly reported to have mado
Still tho Government ID willing to ntop fighting
aud expects that tho friendly intorcesslon Of an
East 1udiuu Rajah will bo used to obtain parloy
md opon negotiations. Meanwhile second OK
pcdition against Acheon has boon fitted out.
, 1873-07-03

that TUG railroads may mako reasonable npoclal
rates with heavy and regular at!ppora; that tho
charges for freight carried ovor oonineoting rail-
roads may DO mado as though tfoy woto ono
continuous limo; and, fourthly that oommuta-
taon, excursion, and 1,00o-milo tioketa mny bc
iHsuod aa before.
, 1873-07-03

In rccont dobato III tho German Parliament,
relative to continuing tho appropriation for an
Ambassador to tho papal Ohalr, Prince Bismarck
created decided ozcitomont aud gayo great sat-
tsfaction to tho UltramoutaneB by spooch
upon tho question, In which hla vlovs wore do
cidedly at variance with bis recent acts
in connection with Church question:. In
hia speech, ho took tho ground that,
whether tho popo woro temporal eovor-
egu or not, tho necessity for tho mission
still existed. and that he confidently looked
forward to tho time when tho rolasiona botWcen
tho popo and Germany would DO placed upon
friendly footing again, and tho niaaon would
bo resumed Tho 1aQst xelua1kehls eQnoese!on
, 1873-07-03

Tho investigation into tho relations between
tho Dominion Government and tho Canada
Pacific Railway, suspended for somo timo, was
resumed yesterday, on the return from England
Of Sir Hugh Alnn, tie President of tho road yrlo
bus been abroad for goyeral mouths trying to
Heu ita bopda
, 1873-07-03

Tho Railroad ind Warehouse Commissioners
onye given their official Interpretation OF four
n'ooted questions undcr tho now nall-
road Inv. They hold that tho law ap.
plios to freight passing into or through
t4o State from places without tho atato j,
, 1873-07-03

been Hsued by the post-Ol1lce, mud 43, 129, 900
had boon ordered.
, 1873-07-03
BUSINESS NOTICES,

Z II tn1 A., H. M n soHD IN
ssont; lnfor9stlon viyou; 7. y: MARTINEZ CO.,
Aanke!s: y Mssi:st: Z g: Log 46sS: Nsx YORK
, 1873-07-03

lottor to tho pnblic; in which 10
deliberately invited tho ellallongo which ho sub.
soquently received. That lottor ho closod ID
follows, III publish him (RhotD to tho people
OF Now orloana ms m unmitigated calu1nniator,
deliberate and willful falpifor. au attful
dodger; and withal, q Thoroughbred braggart."
Thcre can bo no mistaking tho intontion Of
using this language. Cooley was bollovor in
tho "cote;" Lie lad already appoarod In the
"fold Of honox;' ho know TINT this 1angnago
would. anl intended that 1t should, provoke h
challenge; ho knew that Rhost could not 1.-Two In
Now Orleans tlnlosa ho challenged him. Tooh.
nfcaily, nhett waa tho challenger, bslt In ,fact
Cooley WAS tho ronl proposor Of. u resort
to arms. Each man went to tho field intond-
ing to kill tho othor. That Cooley alouo
WAS Killed was contingency merely. Tho fact
TINT no unduo advantage was takon, md that
both parties wero consonting, may in somo eonso
mitigate tho crimo but It WIS, nevertheless, q,
murder. No'man can lawfully put Ills 1ifo ut
stako ho cannot consent that his unlawful kill
ing shall bo treated hB juBtifnb1o. Both thoBo
men mot with murderoua intent, and tic saori-
fico Of ono Of them is but anothor orimo added to
tho long liat beginning with and resulting from
tho uaurpation and dcspotiam orootod at Now
Orleans, and uphold and maintained by the writ
ton ortlora st tho President Of tho United atatea,
, 1873-07-03

roads would ald soyoral hundred thousand on-
ployos to tho Civil Service. These omployea would
bo mostly la1,ororB, md tho State would bocomc
tho largest employer in tho land. 1t would DO
forced, therefore, to tako eidoa In controversy
which throatens to DO ono of tho fioroont known
to modern tImeg. Tho United 6tatos Govern
mcnt'a adoption Of tho Eight-uour law Ia q INIT
tor OF comparative insigni1cnnca to what 1t
would 10 II tho Government woro operating all
tho railroads In tho country. England has pur-
e'iod tho wlao policy Of nor,-intorforonco In tho
oontoat botweon capital md labor 60 far, bnt tho
iaBuo would bo forced directly into politics as
soon Oh tho Government should become tho ON
ployer of 'eeyoral hundred Thousand additional
laborors It tho Government should yiold to
the demand that would bo euro to DO mado for
m increase Of wages nnd shorter lourH, a large
hole would DO mado in tho railroad rocopts; II 1t
rofusod to yield in tho first instance, It Ia moro
thnn Hkoly tint political crisis would bo pro-
or Inter. Moreover, Lord Derby aays that rail-
way administration, employing several hundred
Thousand mon and controlling several Thousand
millions Of capital, would DO certain to become
an fn1periumin imperio. Itwould bo impossible
to separate It from political parties, aud tho do
manda Of consutucnoica would soon boconao tho
groat moving powor Of tho enormous machine.
He pointed to Franco In illustration, whore,
since the trno Of Louis Phi1ipao, the constisuon-
clos which havo had representatives favorable to
tho GbYornmont haYo occurred al the public
works they wanted, and those in tho opposition
hayo had nothing. Lord Derby also boliovos
that tho purchase Of tho railways would nocossi-
tato the purchase of tho Canals steamboats,, and
dooks, and gavo good reasonB for his impression
Ho WAS in favor Of 4 gronter Government con-
troll Of railways, though he did not Indicate any
plan, but az to tho purchase, thought 1t
better to
Dclr thosc Ills we have,
Than fly to otllcrs VIC know not Of.
Tho project for tho Government purchase Of
railroads in this country has taken no such doH-
mite shnpe as in England, but it Is looked for
wara to by SO many that tho strong argument
mndo against it by Lord Derby should commend
itself to tho public. All that ho has said Of
Government purchase in England applies to this
country; and thoro aro many objections Of
special application horo which do not spply In
England.
, 1873-07-03

EcV1CKER'S TIIl.ATRE-htNd!son street, hetween
Dearborn and SsAto The Rhtio Putnam Troupe.
i" Unequal MntclL.h
, 1873-07-03

A1KEN'S TIIEATHE-Wabhsh avenue. corner ot Con.
Gress street. Spectacular opesa 'fZooo."
, 1873-07-03

HOOLEY'3 TIIEATRE-Randolph street, between
CLARK and LASno. "Casto."
, 1873-07-03

the national dobt to that amount, and tho yolun;
tary assumption OF 90 enormous mn increase By
any Government il dangerous whom tho tendency
fs toward IN Increase under tho eziating atato Of
things.
Ono OF the ntrongoat points made by Lord
Russell was the OBJECT Of Government ownership
of tho railroads at time Of national decline or
general monetary depression. Tho advocacy Of
Government purchase sosms to contemplate d
constantly upward tendency; but tho faot is
TINT, whom financial oriaoa should come, tic
railway receipts would fall of contemporano-
ously and proportionatoly With national recopts
from taxation and all other Bources. With
oyory additional intorost acquired and evory
now responsibility assumed, tic Qovorn-
ment e1posoB 1tsolf more and moro
to tho burden Of hard tlmes, aud lis
resourcoB become moro and more diminished at
tho very timo when the loga is most serious5y
folt. LII times Of prosperity. tho Increased ro-
SOURCES Of tho Government from tho e-railwaya
would croate popular dolnan.l for an oxtousion
Of facilities, and the surplus would thus be in.
voRtod go that. when tho hard tmes should
CONC, tho Government would bo poorly pro-
pared to sustain tho Increased de,uand upon ity
responsibility md the decreased Hupply Of Its
revenue. Another forcible objection to tho pro-
joot Is found In the attitude which the Stato
would DO constrained to assume In the
growing controversy between labor and
capital Tho QoTe1nmnnt assumption OF rail-
The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1873-12-05

~ A list of railroads that are in de-
FAULT on the interest on their bonds /,
given in the Financial Chronicle. They
are fitty-iive in number, and their Az
gregate bonded debt deflulted ~
amounts to slT939.3l2. which i about
- per cent. OF the total railraod bonded
deSt of the country. estimated ST Si.7Ol.-
100000. The defaulting fifiy-6Ye road.
are made up of two classes-those nay
ing roads which have been suddenly
overtaken by the panic and obliged 10
suspend payment temporarily. and those
unwisely located and costly roads. bniit
through sparsely-setlicd regions. which
earn little or no profit over their opera
ting expenses. The former will shortly
recover from their temporary di>credii.
the latter will, many OF them. have Ia
be sold out. A great many OF these
latter roads have been built almost en-
trely with the proceeds OF their bonds
and have thus cost about one-quarter Ia
one-third more than they would have
cost IL built with cash. They reuresent
nothing but their debts. which are NOR,
than their assets that is, more than TIE
roads themselves are worth. Ii i The
large amount OF capital invested ia these
non-paying and almost worthless bond.
that assists 10 aggravate the present
stringency of money.