The home journal. (Winchester, Tenn.) 1858-188?, 1874-12-17

can be given TO all labor offering Itself, pros,
perity necessarily follows. have Expressed
The opinion and repeat il, that the hrst re-
oui.ite 10 the accomplishment Of this end, II
tGo snbstitrtion of n sound currency in place
az ono of Il fnctuating value, This secured,
there arc many interests that might DO fos,
tered 10 the great profit OF both labor ana
capital. How to induce labor 10 employ capl-
tai IL tho question.
CHEAP ACKNOWLEDGEMENTS
Tho subject OF cheap transportation has oc-
cnpied tho attention Of congress. New light
on tbip question will without doubt be given
by the committee appointed by tho last con-
gress TO Investigate and report upon tins SUB
icct. A revival Of shipbuilding, and particl-
iarly OF iron steamship building. * OF vast m
p|Ortnnce to our national prosperity. The Uni
ted States * now paying over ~ ,OOO, UoO,o wv
pcr annnm for frcights and passage on torelgn
ships to be carried abroad, and expended IN
the employment and support OF other people,
beyond a fair per ccnlageO Of what should go to
foreign vessels, estimatinBon the tonnage ana
draft Of each respectively,
1t il to be regretted that this diHparityinthe
carving trade exists, and, to correct It, l
would 10 willing TO see a great departure from
the usual course Of the government IN sup
porting what might usually DO termed private
eptcrpriHe. would not suggeHt, ~ n remedy,
direct gubsidc- to American steamship liner,
but I would puggost the direct offer OF ample
compensation for
CARRYING THE MAILS
between the Atlantic and tho seaboard cities
and tho continent on American owned ana
American built steamers, and would extend
this liherality to vessels carrying the mail7 TO
the South American states and to Central
America and Mexico, and would pursue the
SAME policy from our Pacific scaportt to for
cign scapOrt- ON the Pacific. II might be DC
mandcd that vessels built Tor tins service
should conn up TO a standard fixed by Iegitla-
ton in tonnage, speed and all other qualities,
looking to tho possibility Of tho government
requiring thom at some time forwar purposes.
The right, al-o, Of taking possession OF them
in 4uch an emergency should be guarded.
OTcr these ruggCstiOuH, believing them
worthy Of consideration, in all seriousnesE, al
fecting all sections and all interests alike, II
ANYTHING better can be done TO direct the
country into Il courro Of general prosperity,
mono will be more ready than / to adopt this
plan.
THE DISTRICT.
Forwarded herewith is tho plan and report
of the commissioner appointed under an act
Of congress approved juno 20. 1874, to wind
UP llt bUilIN W Illb Nl7lll'h k'N'l illl'AN' ~
VIII DO econ from the report that the total
debt Of the District Of Columbia, loss assets
hand aud available, i-; Bonded debt issued
prior to July /, 1874, - 1888, 80, 10 1868 bonds,
act Of COugrcss June ~, 1874, 81 SS, 1851
Of the board Of audit, Si,71o,jjS.A5.
Total, :lj,7i2, co., 81, less special improve
mouLp. Assessments chmgcablo 10 private
property in excess Of any dcmAnd against such
a~s4cs-mout, 3 ,GIi,O5i.37, los7 Cncsapeake
and OHIO canal bonds 575, 900 and Washington
and Alexandria bonds :50,OOO in the haudTo Of
tho commissioners OF the sinking fund, 81
7iS, Oji.37 leaving the actual debt less said
fund, :l3,9J ,Gl3.2l,
I'm addition to thi-, there are claims pro-
fcrred against the board Of tho district amount
ing in the aggregate, reported by the board
of audit, S3,ll7.7S7i S, Of which the greater
part will probably be rejected. This sum can
with no more pruprlcty DO included I'M the
debt Of the district government than thethou-
sands or claims against the general govern
mont be- included ~ Il portion Of tho national
debt. But the aggregate sum thus stated in
cludcs something more than the funded debt,
chargcublo exclusively 10 tho District Of Co.
Iumbia. The act " congress at it, last session
cOmtompIatcs an appointment between the
United States government aud the District Of
Columbia. in respect to tho payment Of the
principal aud interest OF tho 3G-5S bonds,
sea-.
lhoIetoL' III comprising pI'cl7I'l llo
b,luGa uehJ 81 inc "i71rLc', ,i' REHI,oE"IS sums
"uo'o HC%Ic"' o7 I''IuulN !, D?' Do''1 w."
ISSUED, II'o OUTSTANDING 'uIuiio'l,S vi LHo
D"ard OF a"ulI, any ln9 "i'"N 3'''u" u,hli'1
lonllnE peIoro t4tl pooIn, ',.oI',u 10 IgGucc,i
10 Ii' 1htenL o. bho amount u" po "pLotGioigG
10 inc ChIIe" hJ"toh III wv i'ai.I'i "'u''"'o"
III aoJ OF CONGRESS- "l Jun ~ PR
orPeclnly ll'ilo your "1toht'"n J." Iuo re-
coinileNu'l'plls OF tno tTHlllNI'olci' % NO
ont ~ I,,n1 WI cnrccrrr,~ ia iuiornat an
the district bonds, and the consolidation Of in
d%obtcduess TO tho district. | feel much in
dobtcd to tho gentlemen who consented to
leave their private affairs and some from a
distance TO attend to the business Of this dis
trict, and for tho able and satisfactory manner
in which it has been conducted. ] am puro
their services will be equally appreciated by
the entire country. II will be sccn from the
accompanying report Of the board OF health
that the -|auitary condition of tho district is
very satisfactory.
THE CITY or MAGNIFICENT DISTANCES.
In my opinion the District of Columbia
should DO regarded as the ground Of tho ma
tiOnal capital, in which the cutire people are
Interested. | do not allude to this TO urge
ffsrtfr.uI t.t,Y,t,VIuIttt IN flnA It4IrfEt lint ia
draw the attention Of congress in framing a
law Tor inc government OF inc NlHLfltt, TO inc