St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1874-03-27

bring lis to April. There i IL good deal
of pretty important public business T."
he worried through with before adjourn
mcnt. and Washington i not con>id
cred healthy i'll summer physically "r
politically. -Sprinqfeid Repnblicom.
The independent truly SAYS: The
Republican panty il not :" strong that
il can safely du Wr"n" or omit Ia do
right. The Democratic party destroyed
itself 10y lrcaclIc'N tn sound principles.
and the Republican patty may do the
same thing The lesson from New
Hampshire ought not T." he unIcrded
ut Washington: and We 10y IL" means
regret. seeing that the occasion exists.
thai it has been civ en-.
The BoSton GIobc glumhlc> because
Carl Schurz. Il Missouri man and Il Ger
man. too. WAS invited to deliver AN
culo"N on sumner ut the Hub. and
asks. ''Whl have We this Simmon>-iikc
method of making the choice. the ac-
ceptancc of Mr.. ScHurz being announced
before ANY u.Ic WIS aware that he had
been invited ," The Gluhc thinks hat
Phillips ought To- have been invited.
The 81. .IHian~ Messenger takes Il
gloomy view of the prospect Of the
Central Vermont railroad. from the Ic-
port which l. about Ia hc made to the
Franklin county court of cl;inccrN.
The MiSsi>quoi railroad doesn't earn
enough to pay the interest on its bonds
10y considerable. and is never likely to.
on account of it, having been laid az
an old plank read. from which Coy.
Smith thus realized Il return nf >:Hl.0Wj.
The earnings of the Rutland road have
ais" fallen short of the interest over
>:bu.WO IN one year. The interest on
the iiI>t and second mortgages ami the
rent of the Vermont aud Canada rail
road being already drtauItcd. Il >u>pcm-
sion of pay mcmt> ON the Rutland rent
will soon hc pctiii"mcd ton. =" that in
-olvcncl may he evenly enjoyed.
Tin, press OF Boston almost unani-
mou>lN condemn the action ot he house
in passing the bill Initiating the cur
rencN.
The IijbHHe SAYS. THE business ut
his country j. hcur,f nith. until the pa
pcr-mOucl bubble bursts. To lac carried
un without Il standard value. II i folly
10 expect Iiic >ruHtV To- make an Ctirctu-
I'll resistance against The vote by which
imitation j. drcrrcI. Hiutc force and
ignorance all. to !rgi~llic util expert
cncr with her >'our9,~ teach the most
'">uitrd that national Li~hunol c:inu"t
c"cNi>t with national prosperity. This
will certainly Ice the UoIi, at years and
perhaps OF generations. There j. ~"
luam living who can make but the Wild
cet guess at what the Ieg'l tender dol
laI will he worth three Years hence.
step to lie rctl;rccd. il the country is
ever to reach specie payments. or it Is
onothcr irI"paIahlr step down hill to
the abyss of reputation. Ne man can
suggest amy other result. Ia either
event. tlici' tnrr. ii l. Il vote OF folly and
disaster. 1t di>"rarr~ even the ignn-
rance and the coWa!dicr of the Fmtl-
third congress. and it di>hunor> the
ntcd States.
The Ucr0id thinks u step has been
taken which puts the WhnIc lrgal-tcm-
der paper in Il new light which not
oulN leaves il iIicrrcnlthlc. hut seems
I" announce that we never shall redeem
1t. which Is tn" first step iowa ard dciinitc
reputation OF the national pledge for
its redemption for of course the i>>II-
of grc"nhackS i II forced loan. neither
muIr az less People must give their
gain. THEN cattle. their services fnI
pieces of paper printed over with tn"
promise to pay dollars. which promi>,
there Is NOW not the rcm"tr>t p">>ihi
~ will ever he kept.
The Times thinks that ANY decision
whatever has been reached h\ either
branch of Congress upun any division
of the financial question j. q matter fuI
public congratulations ard the action al
the iluU~, of Representatives yesterday
must therefore Lee commented
\ ialye mcrtim" Wis held Tonight at
the Conner Institute. New York. 10
take action on the. uu,>ilou of ..\,riuu-
al Finances. il v;,> called IA n,,I,r IL,
,,,orr,. Bpdl kc. who nominated Viii
lam cullen BRYANT a> President. Nh.
BRYANT ON taking the chair said: Il am
clad to SEE. in this rumcuur>t. Il proof of
.hc interest with which the public of
New York regard the object al this
meeting. lnl il l. Il most important
Question that We are To- consider the
question whether our government j. To
90 ANY deeper into ihc lgmuminN of Il
false, financial policy. the policy of
pnlmim. upon the cnuntr, i currency of
di,hunuird note, a> a measure, of value.
If the, are sanctioned hN Congress and
have the effect which they are intend
ed to have, they will revive SpccrIa-
ton: they will lead to another COLLAPSE
of credit. another era of commercial
ruin and utter stagnati"n Of trade. This
Is simply repeating tn" lessons ct his