davidaulloa/AmericanStories huggingface dataset:
, 1874-08-16

ANNOUNCEMENTS.
The Franklins and Gasnets play their first
match for tho Northwestern championship Tues
day, at the grounds corner OF State and Twenty
third streets. The Frauklns and Athletics play
at the same place Thursday.
match game Of base ball is arranged between
tho kaunicott and Gun Clubs
THE WHITE STOCKINGS AT PEORIA.
SEectai Dispatch TO The Chicago T4ibune
PEORIA, ILL.,, Aug. 15.-1he White Stockings,
Of your city, played exhibition game here to-
day with the Peoriae, OF this city. The scors
stood 81 to 7 IN favor Of the White Stockings
On Monday there is q match arranged between
the Socials and White Stockings, both of -FOUR
city, which will DRAW cut large crowd.
, 1874-08-16

Bn1pGEPon1, H., Aug. -lEan1yEo-Norai:a
L'gn,, uitaw4,. YOU bu corn Tamna. scost, ,Ms;-
se1les, G,aoG bu coru Industry, Norris, 4yt1 sbu
eorn conten, Mos51s @ t.o gu corn slen;7uk Loeh'
BK1uG EPoRT, Aug. ,15-9 y. -CLAAxEp-Mspa
Lai, Jo4itt, sJ,s'3 ii lnm0eE; Mersuan1 D:.i@a,
Il, 433 II !,tntez. so M sh4u,1es ulala, iotds VI
IL 4tn Jolct OtIsna, 85,e65 It sunbe N l50 saa-
gcs tohert uo.l,es, Utlawa u III ludaoet ludu:r,,
MOTIFS IS n lun4ltr; Jcuuic, LaSllI, b,es3 iEl4a
Der !; IT, l.. Booih, Ottawa, II, ,01y # iIu.oet. :.
, 1874-08-16
PEDESTRIANIS1I.
o'LEANY WILL TDy AQdIT.

Some time ago lit. D. O'Lcary, m anatour
pedestrian OF Chicago, successfully ACCOMPLISH
cd the attempt to walk 100 miles in TWEEN
ty-four consecutive hoa1s.- He is now con :
fdent that lie can make 1o5 miles
within twenty-four hours, and has wagcred
$1,000 that he will do it, against similar sum
rentured by a1r. Cerno OH the chances of bis
failure. Frank Agnow is the stakeholder, and
AID. Tom Foley, Maj. Moore, John D. Roche,
Capt. D. F. Gleason, and J. E. Tansey have con-
eented to act as judges. Mr. O'Lcary will be-
gin the attempt at Q o'clock on the morning Of
the 2lst inst, at the West Side Rink.
, 1874-08-16

has undergone no material change during the
week, the only games played being those between
the philadslpnias and uartt9rds- The olutuals
still stand third On the List, and tho White
Stockings fourth. The following is revised
and corrected table of tho ganes played for the
championship. up to dates:
, 1874-08-16
Msa19nncroP aEa ~ income Of Richmond i. Nv
S2oooo: 1t may also be added TIL = II tnpTasdscs y
ess carried away from Savannah ' ~ aiee ateao.
week 16,ooo melons for the New w gae d, Ii
BUTLER As 4 POET

TWO sonnets on Character - bv ,t.
her for Essex. ING MeA
JOHN CALVIN
"oea os aaa saaey T. zea3s boast Of c1sias
~. Let truth and justice speak-and tbex s.--.-
To praise, to blees to canoni i hIs ae5 eoassa
~ ~ thas he ei9thss IN too austezc Euise.:,
Ihc sacred doctrine Of the Chrisha7
Say tnat be shares the spirit Of % Ii. aag aaegef.
And stands unHoyed whils poor 'seryess, ,,
Shall sreeks like these forh1 o. to ney.cu dtnt
whep nhs s1fans ersatss, xa5aa diF 81
shooS lie Sas ncaSus if@n & rsSs g. Rsst
aelvetla, Holland, Britain, answer t.:Sat,
ana1rom our own brosI land the Ika =:
go! A' uAo fsspeues fa@
, 1874-08-16
.E4LI4NpEw

'WuLd4a1 PENN.
Ee2ress 2;: otseorn, Of bonds, of:mi1t i1t.sdo,a T..
Ine teacher Penn to priests and t;rans. ~.
wells 'a .itufU daensr,
ot thought and conscience, such i, n.,.-
10 the mere bookman seeking gra!th ~ t'sa cana
~ Apa f;xa yith them gfaye e110Fa mingled
W. rue 7nnsS lose 81 % man, Transparent 1a=tJ,
On mercys GRAND to the: eate7n sf|ii4
dae statesman COMES, and 'neath the rrr,,r.
1p11El1g the savage by his accents mid, @see
F.;.5 t,saEy y; ta,r 4one for Lore anl Liberty,
oh, snane to man! Alone thi4 6ui:dsF .En@sr.
-uc'soer1tic Rer1ec for Oc,pber. iii. .s4aasI
, 1874-08-16

TIE IHV7 N-EAUl-EH NATCH4
HA11FA1. n. s.. Aug. ia dispatch from
sadler, the English champion s-uler, announces
his acceptance OF Browns challenge. The race
viii tako place in October, Oh the River Banu,
at Co1er2iue Ireland
, 1874-08-16

A~o a %lAsO = - oo3Ds
PURGLARIzED- D-A'L1BERAL REWARD WnLsE
"
ss Or sos Bs: s:5 I'd
sSs; 7: 4 81 II t'ss & 81: EsR 4
HrUUSD-AN OyERCOAT ON WEST MOaRoRST.
xaa1es q
Foukp3-TWo EsTaAY HORSES on AVG: : I, K
.a1no by applying ati3a "ess E;sas@snth-st.
I osr OF sToLEX-oN FRIDAY EVENING, THE
bs n from 1s ls e.
returning the same t. ss Blue i'laTdav Ia; "a "a nr Ein %
F osr-oS TIE 18TH OF :IuEX At TIE GRFAT RI At
.a:cd s15 reward viii bo paid by 1eturaE to - south
4 Ss I'd 1.Fss: HSkh SSR so w
nose, long, black 1s shortcut one sp.sin on ~
=: ss Fl :sfI' - s. B -
T osT-NoSpAY EVENING Of TUESDAY S1sd %9sx I5.,s
@ s9;ss 5ss5asf 5; the s'as p STEMS D'
Ia On tho Soith ~ rs South slde.. % fao indst v eani1
d great favor BY leattn2 it :. Pcck.eont
osT7oS WEST SIDE, SATURDAY AFTERNOON:
3nd tatypes q value % the Retarn 70 s' vss*
Hashlnst1n-et.. and rcccire reward.
Thk 18TH lSsT TnRSS r. s1dsI L1'Ef9s
si1e far Tta:za tatn oi san. l. S:srAas
EUkY. No. IL West Kaado13h-st.
aissa5 .:S5 l s5STa : ss3
waFded BY addressing " l. Tribune office e--=
c;s .ai bs yea:4 Il FsE saa ans Rts
ladies' clustcr ring. The fudeT Will teeesre IL ao
, 1874-08-16

>~~~-~~~~"~--~-~~
LucAS--RUFFUM7On tba nh iass.. E. l.. Lussa
and Ma'nuA hu1fuIa, b5 hes. y. " GtoGepeod. -
- bu.ton and pl}luuutl {Aass.) pApe1, pe4se copy.
, 1874-08-16

.L1EDESSTE1N-Aug. IT,. Solomon EQUIV. sap At
Charles atd Kusa LiettlIstola, nEoa tu wctkS. =
Fun raj tzUM u TTtaty tlgntl street; 3tndsy morning
At IL o'clock.
W1LsoS-on the morning Of tho 18th int. Charles
Joc remaining twla u ". r. and fdA 4. is.os
aged yenr, tlouths aad = days. - =
Funeral Al =75 Dayton street. buodsy, At 23op.m-
SCIiN ARTZ-At Ocunorlowoc, WIS.,, Aug. f. o! d1pt-
theEla, Lily only ch4d CnAr1es and Axty SohwAs11
axe17 yeAts. ~'> =
Notice or funeral in Mondays papcE.
MA SAKD-AT Racine. Wis, Aug. Il, Maud. tatsat
daughter ot Henry T.. and uelcu II: Maynard, xted
moatns and days
FOLEY-Aug. II, John Patrick, tnfaut son of william
and Annie Foley, aged Ii months.
Funeral b. Carriages II o'clock today, from 81 Cath
hr1ne atreet. Frisuds arc 1nytcu u attend
, 1874-08-16

to the massive structure Wonder
ful lightness and exluisi1eness Of finish
where it meits into the atmosphere. The carv-
ing il everywhere historical, especially the rich
band separating the windows ot tho principal
and second floors, containing tho Royal Arms Of
England III every reign from William l. to Vic
tora: Oh the north font arc those from tue
Heptarchs to tie Conquest The roofs Of tue,
entlre building are Of iron framing, WITH cover
lng-plutes OF iron, galvanized TO protect from
rust, aud the whole exterior is completely fire.
proof. Tho Lofty Clock-ToWer, with tha opan
lantern and beautiful apire, has the largest dial
its predecessor 'tBlg Tom Of Wcsiminster'
The dial is illuminated at night, andis pleasant
sight you CROSS the bridge alter dark. It is
SET daily by electric communication from Green
Nlch obEcEyR: land i: il amusing to zee each
gentleman draw ont hls watch tor comparison or
regulation nj hen tbs omnibus passes at noon.
But the croWning glory Of the whole edlice is
1.-THE GREAT VICTORIA TOWER"
You stand 1t the broad portal aud look up the
gigantic arclwar, with its colossal lloue past the
1atron-Saints and Sovercigns iu their inches,
past the delicate arcades and SUCCESSIVE t;ers OF
windows With carrGu cauopics and balconies.
until the eye reaches the bztslen4entel p:rapet
and rest upon tho airy piuna3!es. To ta1ia fight
to the top u the tall flagstaff; and by this time
you feel like pigmy II the foot Of al Alp. It
IS not quito true, howere:, TINT you eau see all
this ftom the portal. Standing 20 close, the
vision falla halfway up, aud falls back weary.
ike who has climbed too far and fast; but
the heiEapresslon Of grandeur Is even greater when
SO GEAR. Seldom does architecture produce 80
powerful au emotion OF sublimity.
The interior of the Palace Ii little world in
itself. 1t contaius the House Of Peers, House
Of Commons, the great Westminster Hall. whero
Burke thundarcd lis Impeachment Of Hastings
which is all that ras loft of tue old structure BY
tic fire, except St. Stephens Crypt, now =
handsome charel), st. Stephens Hall, With L.
blales, lobhies, and refreshmeat-rooma for the
convenience Of members, and the residence Of
the Ssrgeant~at- arms, Librarian, and Speaker Of
tho House. The House OF Lords ls-unless
that OF Russia surpasses it-the
MOST MAGNIFICENT LEGISLATIVE CHAMBER
in Europe. Compared With its somb1e stateli~
ness, that OF France looks new oven to paryenu-
's1n and that Of ltaly insignificant. The splendid
New-York tribune., 1874-11-17
groex TO Advertisements


AMisYMrNrs-TR.rd PGJe-ith. 5h, and 9th columns
BOARD AND Rooms -ihtrd Pdge-2i ana S1'coiumhs'
BUsINESS NOrIcRs-- Fourth PdQe-Ist column.
COAL &C.-Scrfnie PUqe-irh column.
COrAcTNEEsgiP NOuCEs-Sirth PdJc-3d column
CORPORATION NOTICEs-Scuenth Pdge-iih column.
DANclNG ACAD. HIEs-Sirlh Page-3d column.
DEETlsTHY-Ihird PdGe-2f column.
DINIDFND NOnCES-Serenh PdOe-4.h column.
DRY CooDs-Ihird IdGe-2d column.
IUROFHAN ADyERris SMENTs-SGtt PaGe-31 Column.
-lSANCfNI-Sfr'H r'Hkf PGTe-3d and tth columns.
FINE ArTs-ihfrd FdQe-6ih column
EILNIIi kE-Ihird Ptgc-21 column.
UrLP WANTED MALEs-Third Pdge-6th column.
HoEsEs CAEEIAGES HARNsss. &c-Scpe"hPd5e-4th
cOilull.
ICr CKEtn-Third Page-2l column.
INsrEUCrIoy-N NirHt Pdge-2d ana 81 columns
LECTURE. AND MEETiNGS-Thirf Pd9c-Cth column.
LGGAL NOTCEs-STth Pqqe-3d column.
IpAE OFFICtS SereHh PdGc-4h column
4!AERiAG.s AND DEATHs-IIlh PdGe-6th column
- AnnLE AND sLNTE NANTEIs- Scrcnh PISe-lth column
M!SCEII NNTOUs-S nth Pdge-itA column; Etghh rage
MUSICAL l>srRuMENrs-T Third Pdge-Ch column.
NKw PU!r.fr ATIONs-SiTth PdTe-2l coiuinn.
I.rAL E,TAr2 rOR sALE-CnY-Sersnh Page-b'h col
NAN: bIDOKLTN-Nepcah IQJe-Gih column; NEW
JERSEY -Scrclh PGge-5th and b columns; COUNTRY
-Stpehlt ..I{.--jth column; ACCIiON-Serenh Fd0e
-5ih co.rm1; To EXcHASGE-SepeaM P3ge-6th
column.
sALrs BY AUcIIoS-Third Page-2l column.
SAVINGS EANKS- Scve5,th frJc-ih column
SITUATIONS WANTED. MAIEs-Third PIgsN3d column
FEMALIS-iAird P0c-3 :, 4th, 5tn, ana OH columns
SIECIAL NoTtCES-FiHt Page-6th column.
STATIONEEl-Iaird Ptgc-2l column
S!rANBDsTS tND iAiLROADS-TbtrfP PdGe-ist column.
sTEANEEs. OCEAN-Sso0Hd Pdge-6sh column; Third
Pdgc-l,t cr.gm1.
TEACHERS SLEh Pages 1 column.
TO LEr. CRY PGopERTY-Serenh Page-Gih column
BEOoKLYN- -StrcHM FIge--Gth column; COUNTRY
SeDfnM Id1c 6 II column.
NINILG EEsOSTS-1htrd Pdge-5d column.
New-York tribune., 1874-11-17

their wants. and mike that provision for their nccess
ties and improvement which their segregated situation
will not allow that they should make for themselves
The isolated situation OF the farmers affords them rev
opportunities Of keeping step with the RAPID march o'
the worlds progress, and any aid which can be gwen
them by this Department Is strongly marked as IL Is
highly appreciated"
This is as graphic as o map. After reading
it we are not surprised to learn that the
"purely literary institutions OF the c0untfy"
are Jealous of the Department and hostile 10
the success of what they please to call
"'new educationp For if the Commissioner
keeps on he will lift everything, including the
mother tongue, out of the reach of the purely
literary institutions"
We detect but one statement in the report
that is at all ambiguous, and that refers TO
the chronological Division" Mr.. watts
saws "much pains has been taken to investi-
gate the character of insects sent here to point
out their modes of infiction and the means
"by which their depredations may be avoided"
The recent elections would seem to indicate
this. but the impression has very generally pre-
vailed that the character of the insects sent there
was investigated elsewhere, and that the press
of the country has had something to do with
"pointing out their modes Of infiction and
the means by which their depredations
might be avoided.n Still the impression may
be erroneous. Government pays Handsomely
for entomoogists, and the information 1t gets
from them ought to be trustworthy. The eco
nomical citizen will rejoice to learn that while
it required $4,000 yards of cotton the past
year to make bags" for seeds, the cotton
was bought at the very lowest wholesale
price and the bags made in the Department,
Thereby saving a great amount of money to
"be spent more usefully in the purchase OF
seeds" And this entire Department only
costs trifo over s275.OOO a year, including
$1,000 for salaries. 1t is dirt cheap. 1t gives
Cabinet officers and Senators bouquets, Mem
bers of Congress all kinds of seeds and
great many kinds Of weevils and worms, and
the venerable Mr.. Watts a house and grounds
and carriage and servants and occupation for
his leisure moments, at a comfortable salary.
And then he beats the English language into
"botanico agricultural" jelly and involun-
tanly accounts for the political situation. All
for S275,0O0.
New-York tribune., 1874-11-17

rency. Suppose the Liverpool price in gold
to be such that no better offer can be made for
the wheat in New York than 81 90 in currency
An advance of one per cent in the rate OF ex-
change, or the addition of one per cent to the
gold premium, other things remaining the
same, would cause the wheat to be exported
Undoubtedly it is much pleasanter to see the
gold premium decline but when an increase
of S26,OO0,OOO in the legal-tender clTcula-
ton is "legalized," the country suffering
at the same time from that prOstrauon Oh
the spirit of enterprise which invariably sue
deeds panic the natural consequence OF the
abundance of paper is a rise in the price Oh
coin.
Four years ago, in November, 1870, the gold
premium was as low as ten per cent. Iester-
day it was above eleven. Who will undertake
to say what it will be in November, 1879
Importers who have goods to pay for lose by
the advance in gold and exchange, and the
revenues of the Government suffer by the IN
Jury thus done to our foreign trade, ana I'D
the end the exporters who now appear TO
profit by it, suffer from the same cause. FIuc-
tuations in prices which cannot be foreseen-
and those which arise from. the ups
and downs of the gold premium arc
generally of this character ARE most
Injurious to trade. The widespread
distress now prevalent throughout the
land is the result Of the interruption of trade.
1t is not brought about by any lack OF food
or of manufactured goods. On the contrary,
there are loud complaints of a superabundance
of BOTH But the exchanges of commodities
for each other and for labor are not made
with that freedom which the well-being of
the various classes in society requires. And
when we so back and search for the cause
of these distractions to trade, we find that
the gambling and speculation produced by
paper money luctuatlng in value and thus
breeding dishonesty, distrust, and outrageous
injustice, have a great deal to do with the
business arrangements which now affects every
class in the community.
New-York tribune., 1874-11-17
DEARER GOLD.

The advance of the Bank of England's mini
mum rate of discount to five per cent and the
simultaneous commencement of an export
movement OF coin from New-York to Europe,
point to higher premium on gold this Win
ter. We expect the gold premium to rise be-
cause the stock of gold at the command of the
business community is not large. and the loss
of very few millions of it would create
great scarcity should the Secretary OF the
Treasury refuse to interfere We trust that
the blunders of his predecessors will be
warning to him not to interfere in
what is emphatically no part of his busi-
ness. In commenting on the recent monthly
statements of the Public Debt we have shown
that the policy of the Secretary of the Treas
ury was such as to deplcte the banks of gold,
and indeed for a number of weeks the ten
dency of the premium has been upward.
Owing to the funding operations now going
on the official statements Of the Treasury coin
balances and gold certificates outstanding are
deceptive, the weekly averages of the New
York banks being much more TO be depended
on. The average amounts of specie reported
by the banks at the end of the second week
of November for several years back have been
"a follows.
New-York tribune., 1874-11-17
Amusements ano mcciinso.


ACADEMY OF MUsIc.-Ats: Suakosch itahah opera'
Mesa ds Reqaiem."
noorus THEArER-" Rip Van Wrinkle" Joseph Jener'
B.RSuM's ROMAN HrPPopRoNE.-Ev afternoon ~
and evening" a6s.
BRYANT's OPERA HoUsE-Mlnstrels.
DAYS FIFTH AVENUE TIEATER.' school for eca"us''
LYcHuM THEATER.-English Opera Boune SHap Sonpa"''
Ia File de Madame Angot" Miss Emmy o'
OLYMPIC Observation-Disclosures. SOL smith husseiL
PARK TuEATER-" The Gilded Age" John l. hay nion''
SAN FRANCISCO MISsTRELs-Birch anu ""n'
STEINwAY uALI--AI %: Ierdi hcg"''" ~
Entertainment Oy Maoca"e' o,...
UNION SQUARE TuEATER.-"Jane Ere MISS ona''o''0
Thompson. =, n,o, pou-
wArl,cKs TuEArER-" The shaughraun'" Dion b0u-
cicauIt.
ayrptc,y INSTITUTE FAIR-Aunuai Exhibition.
CHURCH OF THE REDEENER.-Leeture' ine NV D. W.
ShackcfOrt.
DE GARMo HALI~-Lecture. j. n. Pattison'
EicUrEESrH STREET NJ. L. CHURcH-Lecture' ). u
Bayes.
METROPOLITAN MUSEUM OF ART.-Gallery OF Pictures.
THIRTEENTH PRESBYTERIAN CHURcH.-Annual Meeting.
New-York tribune., 1874-11-17
Terms OF THE TRIBUNE.

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Address THE NEw-YoRK TRIBUNE
81 Fleet-st.. L. c.. London.
tuJ tJ The Tribune O1ice may Be f1und in Ue firSt
budding ia ne SDrHce-St The Tribune Counting
loom The fTsf fOOr and iSenteT ed at the second door
aOrn SDraccSi from The old SITE
New-York tribune., 1874-11-17
Nem:llorJs Duly Gribat11s.
FOUNDED BY HORACE GREELEY
TUESDAY, NOVEMBER II, 1874.

1t is reported that the civil in the Argentine Re
public mas come TO an end; SenOr Avelaneda is sub
NIT To elections. == The Carllsts have again
occupied Las Tacla. The elections in Italy have re-
suited in the OF large majority OF members OF
the Right TO the Chamber Of Deputies. - There was
a revolutionary movement IN Costa Rica. Some
Peruvian mlicOntents have prepared expedition in
ChiH II Is supposed against Peru.
No action has been taken By the President in relation
70 the Arkansas troubles Smiths aihcreuts arnng
aud seem determined to maintain their claim. while
Gov Garland IS equally determined to resist them -
Prof. Msrshs expedition 10 explore the fossil beds
south OF the Black Hills has met with determined oppo-
siion from the Indians at the Rcd Cloud Agency. who
suspect that the exploration is for golt council was
held and tie Indians finally consented to allow the
party 10 proceed, but afterward rec0nsidered their
action. and made hostile demonstrations. The
Safe Burglary trial resumed. Judge Humphreys
ordered persons who caused the OF Hayes
show why they should not be prosecuted for
tempt Of Mr. Hill then made the opening argu
mcnt for the prosecution. == Great interest was
manifested IN the hearing Of Father GeIdemann in
Philadelphia; the prisoner was released $4,000 bail
So Supervisor Of Registration and the Clerk Of
Parish Court have been arrested IA New Orleans for
Altering election returns Election frauds reported
in other places. ana IN one instance the people de-
inanded new canvass, which resulted In giving the
Conservatives majority Arrests are being made in
other parts OF the state. - AT the annual meeting
OF the Baltimore aud OAio Rulroad Company in Bati-
more President Garrett submitted his report showing
the road 10 be in a fOurishing condition.
The Tongshoremen refused to work for less money,
but the steamship companies easily found substitutes
for the strikers There consultations between
representatives OF the Grand Trunk and New-YOrk
Central n reference TO connections at Buffalo, and be-
tween tie officers OF those roads and the Boston and
Albany aud Vermont Central in reference to freight
rates from ;he West 10 Boston == The police broke
up the underground dens in the Fourth Ward. -
The ioremen aud inspectors Of dumps in the Street
Cleaning Bureau changed places. The Secretary
OF the Oriental Insurance Company. Jersey City.
tconded. - Gold, 1lc5, Ill, lnk. ThermOmeter
<Co, 53o Az.
New-York tribune., 1874-11-17

From the above it appears that there is 10
considerable surplus of coin at the command
of those who have remittances to make to
Europe. On the other hand, at the end of
the month the Syndicate have to make pay
ment of fifteen million dollars to the Secre-
tary of the Treasury, while the equal
amount of bonds of 1852 called for redemp-
ton at that date will be presented for pay
ment only in part. 1t is clear, then, that
New-York will have but little gold to export
to Europe until the beginning Of the new
year.
The causes of the advance of the rate of
discount at London are connected with the
substitution of gold for silver in the coinage
of Germany and the accumulation of specie
by the Bank of France. The latter movement,
which has been in progress for nearly year,
took away the surplus specie and bullion from
England and Germany and concentrated it
at Paris, where, since the Bank does not
nav in specie, it is not accessible. The
German Government and the Bank of Prussia,
finding that their new gold coin was being
exported and melted down, advanced their
rates of interest some weeks ago with the
object of stopping the exports to France. The
Bank of England's reserve, previously some
what reduced has lately been drawn upon for
coin to export to Egypt to pay for cotton, and
the directors have now advanced their rate
from four per cent to five, i'll accordance with
long established custom.
The reasons why the prices OF bills on Lon
don have advanced at NewYork to the point
which makes it profitable to ship gold are
deserving of attention. Such All occurrence is
not usual at this time of the year. We have
been importing of late less than the usual
quantity of merchandise, but instead OF SUD-
plemcntng our exports of merchandise with
shipments of Government bonds and railroad
stocks and mortgages, we have for some time
been importing such securities. The
consequence is that the necessity now
arises of augmenting OrV exports The
prices of our great staples, grain, cotton.
provisions, petroleum, &c, are low in
Europe, and by reason of the stagnation in
the business world and limited field for the
employment of money, securities are even
higher here than they are abroad. Gold for
the moment is the cheapest article we have
TO export, but for obvious reasons it cannot
remain so. One of two things will happep
either the importation of securities will cease
or the gold premium will rise SO as to pro-
duce larger exports of grain, cotton, and pro-
visions. Suppose dealer in grain in this
city to have million bushels of wheat which
Le is willing " sell at 81 " busael il cur
New-York tribune., 1874-11-17

Justice both to the anonymous writer Of very
clever paper. and to Mr.. Taylor himself who was in
Iceland when the article appeared and vas Of course
entirely unaware that he was getting credit for
another persons work. s,.,.,-. ,.