davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1874-12-30

quote Dressed american. g rs 81 80 for double
ss;s s,s s ssa ls. ;aI. ~ + ss a
quotsd , steady, within the range Of e sHe gold,
s$s. sssss sS % "a a'A,' -. 'Isa
e seed and @ he % Srasi sed ins
sso9 @ coVs c nay as
el se ss os ses
horsalnere @ mas been ony moderate business re,
ruling quiet: but arm. We sSo'e View Sors good
@ Enss asw nc nsw @ $50 to ne . se aew
SsaInss o1ni.n g. lse SOC T psr Sds all sr0w'h &c. '' Cali
hlDss-ihe marke. since our last has ruled quiet
sass s i''Ss aa was
t.. sry Ssa.ss.dso par, from @ ss s
$sslssn @ az ~ q, rG'is ss;1
ans 's S aS
M same Sass = Sass
ms %s sss aSs' na 70 bale: bale: Es:
T. asss': S$sss'nS: a's;' y: seissnss s
q 3 % lbs o = osSeo ss $50 % s 80 ersnas S z sso S CAM
Hsra s y .ns S
ssso'a Bog Is s' = iS s s los psrs e
and Curacao and Rio Haehe dry and pckled,. IL lbs
Is al Ssn4oss "iS iSa Iss qS1 iss
1' lbs san e. and wsse2a s m'
lbs = 25 lbs Noc, currency selected Southern II lbs
s bs s & n y az asy run Ho Dry upper
a. 10 lbs ses;;; Gambia and Bissaa, lbs: g
lbs, 2oc, gold, as they run Mexican, &c, Rips 10
'i 81 lbs os i Peraambaso bn lbs s1tsnhs 81 D lse
Bahia Is lbs a e e lbs l,ci rayt, ao lbs 80 lbs lsc
. g lbs 5c, gold. as they run; aatamoros IS lbs
81 lbs 2Oc. Texas and Western IS lbs a SA lbs i6c
loc currency a. they run Wet salted-Buenos Ayres,
California, lbs 50 lbs, lie. lkc Para. IS lbs
~ lbs llc. gold seected Matamoros As lbs So lbs.
l2c l2c. Texas pulled 45 lbs. 70 lbs, 1s1sc I31sc.;
& ibs &C. &c. ao knife 10 % lbs 7obs lie ;Sew s
Orleans, 5fDs ~ lbs. 1ac i2sc country and West
ern, 81 lbs rs ibs lOc lie; southern ~ lbs. lbs,
9c; city slaughter. OK 90 lbs IS lbs llhc do. COW,
Calcutta slaughter COW, 9bs 10 lbs, l6lac do, do,
u Ids ID IDS Nc DO dead gree cow lbs l2s lbs.
l3c do, buffalo: IS lbs. % lbs, l2c. Singapore
gold.
IRoN.-The market for American pig remained dull
and uncha nged We note sales of 25) tons No. at So
quotably changed in value Notwithstanding cable ad
vices report weaker market at Glasgow. We quoie =
Glengarnock, SS7 SaS ginton, $50 S5 and Co!tness
$39 81 a SAL Rails dull and nominaly unchanged at
$4s gold, English ana $55 currency, for
Scrap $l9 $2l for wrought American No 81 81;
do, No. 2 $24 $50; forge, S22a$2l
moderately active and for other descriptions fair Mar
ke frm, with quotation follows
The New York herald., 1874-12-30
FINANCIAL And COMMERCIAL.
The Stock Market Somewhat
Firmer..
GOLD STEADY AT Ill 7-9.
Money Abundant on Call Loans at
8 and 4 Per Cent.
GOVERNMENT BONDS FIRM.
WALL STREET,

WALL STREET, |
TUESDAY, Dec. 29-6 p NJ.
OF the market to-day, little more need be said
than that IL ooeyed the influences OF the hour.
and alter trembling awhile as II undecided whether
to advance or recede, finally, and near the close,
developed considerable frmness. Prices were
generally put up, and for the moment better
feeling was established, several among the recent
bears being reported as strongly instrumental In
erecting the change, and desirous OF establishing
. higher basis
THE RANGE OF PRICES
was as follows:-western Union opened at 10 and
advanced to 7sk; New York Central gained 4
per cent; Erie ranged from PIX to 27H, and
closed at 27H; ST. Paul sold at 36H 36H a 37k a
S7H; Michigan Central at So; Pacific Mail at 36H a
SIX, closing at 36N; Union Pacific opened at 34X,
advanced to and closed at 35A; Lake Shore
opened at s0X, but, Notwithstanding the dividend
OF 3k per cent made to-day, the stock declined to
7sx; the close however, was made at sOH.
Northwest common advanced from 46k to AK I;
the preferred stock closed at co., gain OF u per
cent. The range in Wabash was 19T and lSH ;
the close was made at19%. The remainder OF the
stocks were comparatively steady.
OPENING, HIGHEST AND LOWEST PRICES.
The following table shows the opening, highest
and lowe prices OF the day.
The New York herald., 1874-12-30
DOMESTIC MARKETS.

as H'n s sas good @ @%aP VI s
eoswe ssss ssoss Sales ssS s soei '''
Cotton quiet and unchanged; mddhns, Hssc
1863; to the Continent o57 Safes 5000 Stock. s4;ssS
LOUISVILLE. Dec 2s. 1874
eSn ef5 % sla M Ss to rssae so.s
wise, 7as- Sales $3.50 Stock, iosSs '' -
oswxco, Dec 20. 1874
ana wS
Miehean. 81 q, Corn steady at sOc &c Tor low and
as sr s. Corn ior bSsed ss5 anso,sd pss
.S ss per so q 81 sosa %a
5Oc.; to New York ssc; to Albany, sic.
"a
s;s:S sSssS .s q sn & i W.: sS
y u 81 SS s. rsS sSrn R: q I I 49, 49, xs sS aS aS
s @.e4 s ns ssa 81 Ss cd Sc rye e
sp%taA % wsses as 81 s.sfy 81 :sssy esnsas sa
z % Dressed pos Sc a y ~ Mss
unchanged.
over; No. spring nominal; No. do, sss1c cash or
ssssd and nd i s' r.
&C. as AnS Sseesa
6ONc. Oats duh and drooping: No q 5S4c. q 33Ac
s:.s ss sS.r ssss. ]. s
fnssorans nIss , to Iosatioa :. prns :: 81 Il
sis 90 cash. ss q February, SO 80 March; closing
e e m s a srs sesay At
changed: Whiskey steady at &c. On the cali OF the
Old SIC Pork unsssed, Sls SO CASH sls IS Rebraary
Flour, ll0OO bbs; wheat 900 bushels; corn $4,000
do; oats 1900 do: rye. loo do; barley. li0Oo do.
Shipmens-Flour 500 bushels; wheat 1000 do corn.
$4,000 do; oats, s,UoO do. /; barley, 1900 DO
TOLEDO Dec. g. 1874
Flour steady Wheat steady; extra white Michigan,
8 la amber Michigan. 81 Io,s January 81 los4; No.
Michigan red sl Corn duli and Secinns hisS asS
mixed 6s,1c. cash and January; December &c Feb
DAYTON Ia and MIC Nishigan es.c Old low mixed 7sc old no
Dressed hogs SIS IS Is. keceipts-wheat. 1000
bushels; corn, 5000 do oats 6.0OJ do Shipments
Flour 200 bbls. wheat lOOO bushels corn, .OO do;
The New York herald., 1874-12-30

Wheat was in limited demand. but the market ruled
firm, with the transactions at full prices The sales
In store 81 IA tor DO a1oat 81 IA 81 Is for No. Mil
waukee in store, and 81 l6 Qas evening" for do afoa
deliverable next week 81 a for No. Mnnesoa 81 ss
No. ~ spq sprns and 3 8 Isl 81 10 ac corn
active and c. DC. higher, the sales were about
20o00 bushels part at 95c 96c for oid 10
Tor new and old together Oats Arm at 6yc. Tic
III store and a6oat Tic re. for white, with
sales OF about 5000 bushels including 0J0 bushels No
Chicago in store at 7vc. Rye was Quet 1000 bushels
state sold at 9c. Barley was quiet and shade easier;
byU bushels Canada West sold at 81 Elm.
FRKlGaTs was falT business reported IN perrin
again higher, but for other commodities about steady
Tonnage tor charter being in supply was nrmy
held, and those closed were at full The engage
at llAd. Ad. 1900 do OF 90. At II Nd I'D, lN pack:
ages PROVISIONS at 100 bags clover seed At 5s AMI
By sail $500 oars at I'D 500 bbs -four at2 6d TO Lon
500 do. OF do at l1hd I'D $50 tierces OF beef at los
20 bbls pork At 7s 0 boxes cheese at 6 and by sail
20 hhds iooacco 35 200 bbs rosin TO Glasgow
800 s. 3d. TO Bremen by sail rs tons OF measure
ment goods at rs I'd The charters include A Nor,
wegan bark hence to Cork tor orders 70 the United
wegan Dark hence same voyage, wi $40 quarters Of
do third In bags al 7s I'd British bark hence 70
GLASGOW with 2O0 bushels OF grain at l0d. and 500
cork ior orders to the United kingdom with 25oj
quarters grain at IS 3D. brig about 2O tons, from
do to Belfast with full cargo OF oilcake at 27s Cd
Dutch, with 1000 bbls refined petroleum at 5s. Sd a
British BARK from Charleston to Havre with 1900 bales
GUSsIEs-Tne market since last ruled quiet; small
lots paced In jobbing way al steady figures We
quote Domestic cloth, Ike. llhc. Tor lots on the
spot; Calcutta. 9sc. Borneo l2zc i2>sc bags ilf
HEMP AND JrrE The market tor hemp continued In
active. and values remained noninaiiy unchanged VIC
The New York herald., 1874-12-30
THE MONEY MARKET.

Money on call loans to-day was steady at and
per cent. The foreign exchange market was dull,
and In tone steady to nrm, with prlme nominal
rates on the basis of 81 SO for 60 days. bills, and
- COX lor sight, The selling rates are 81 s5A q
81 s5K and - s9X 81 eok. Continental ex-
change is hrm. We quote Reichmarks at 9s o
s5K for short; cable transfers, s6X . os%, ana
francs on Paris, 5.l42s 5.11%. The actual specie
shipments to Europe to-day were $129 00o Of which
$l00, 600 was gold coin.
THE GOLD MARKET.
Gold opened az 1l1x, declined to l11X. and alter
wards rose to 111X, at waich the closing sales
were effected. The rates paid for carrying were
2 2x, sh and per cent; loans were also made
nat. go :
The New York herald., 1874-12-30

good q 50 81 s;. so m.rrows new; choice g
Slssss ss SnS'ss = n.y.
al, . '' s'ffs Sssi 7 sSs = 's.' ' : $
discriminate very closely buying Fair and medium
$asasy o. LOWE. We. ss dalls',
srmS ss s90s SO ssoa
g. e orn sa sp s ssSos s s @ % &C. Sc
&C. Sc to aS Choice S sH Sa to
So eo pF@s M ps H sSsa s ns s S
dairy ao ns & &C. g & M to Sa Se.sTn @ @
sso' DO: prime, Ts sSs DO TAR e good
o GOOD Do &C.: orinsrn i,nos IS Wisconsin SIN ana
&c. tubs as d snosss s @ &c. ss e soqS iSs
e a @ % to ae Co. ss c to sssa 81 Onto
and Indians arilns, cnCss ss; sse Do %, ia,I 70
&C.: various STYLES. ise soc rofs Western
ae go a. common Z an as 2sS :" : .OSa. -.
Dorsrs inauirng and several parcels Of
@ p H. appsna az
rood to ns c factory TO eoea
is,S sS State Ssif,ss nns lss o,sss Orange
id4 saoss 81 ,lsas Dc Dc as AL
'S .na s aa ss P9Gn 70 s. 0' Michigan
very strong with good demand for in voices stock Is
business is abou! 5000 bags The arrivals however, are
within the past wentyfour hours Ihe dealings
3.l0 bags Lilly, sold before arrival lSc., which
now &c. below current values; LOSS bags ex steamer
Merrmac, at l9c. Two other invoices were sold. but
particulars of the transaction withheld Mild goods
were very Arm, with 4OO bags Of Maracaibo sold from
nary sarsoes, !7ca iSc, rair do: lsSc lsAc good
Tor lots i7Ac 2osse Java soverrnment bags 2sic
Marscaibo isc. Uhc.; Laguayra lsc l9,sc Jamaica
lie. lS1ac st Domingo l6lsc l7c Porto Rico. l79ac
a 9c. Costa Rica l751c. l91ec Mexican l8c. l9c. ;
Angostura. iSc Sayanila l61sc l9hc Curacao,
l61.c l5j1c., gold 10 and 81 davs-
CorroS the spot sold to moderate extent the de-
mand coming from few buyers only Holders were
glad TO accept bids to-day that they refused yesterday
and this Is about the only difference In he market The
appended quotations are IN some Instances nominal
with scarcity OF good grades at the figures given while
the low grades are freely obanabe at the quotations
In addition the sales below reported 65D bales
sold late for export on private Futures with the
short interest mostly covered more liberal
receipts and an easier market In Liverpool tor de-
liveres declined fully nc and closed weak at the tol.
lowing uuotations:-ilecember, IA 3-lBc Ia 732c /;
January i4c; Teoruary l4e & March, u 81 sss M APRIL
August. l6 7-l6c We quote -tQuotations based on
The New York herald., 1874-12-30

W SoVVVUVs gOlO COIN.
GOVERNMENT. BONDS. >->~, :;lsEzs,r>.-
Government bonds were firm and closed ut the
following quotations :-United States currency
skies, 117T l1sH; do. do. skies, registered.
1881, 118A q 11Sh; do. do. skies, 1884, l22h
122X; do. do. nve.twenties, registered. 1862.
114h ll41; do. do. DO, coupon, 1862, 114h
1l4H: do. do. do, registered, 1864 115A
116K; do. do. do, coupon, 1854. 116A a 116k; do.
ado. do., registered 1865 117s4 11sA; do. do do,
C0up6B H65 lls1< lis,1; do. do. do, new, regis
tered. 1885, 117A MY; do. do. do, coupon,
121 Q 12lh; do. do. do, registered, 1867 1854 q
1lSx; do. do. do coupon, 1867, 12lX 1925; do.
do. do. registered, 1858, llsi4 11sh; do. DO. do,
coupon, 1s68 l21X 1929 do. do ten.forties, regis
tered, lis a ll5k; do. do. do. coupon, ll5
1l5k; do. do nves, registered, 1881, ll2as ll37;
DO do. do, coupon, 1881, llaas 1877.
PRODUCE EXPORTS.
The produce exports for the week from this
port amounted to SIS, 256.ooO.
THE FOREIGN MARKET.
London advices report tha, the rate OF discount
in the open market Tor three months bills is 81
per cent or x per cent below the Bank OF England
rates. The London market or securities is firm.
To-day is ticket day aod tomorrow lortnightly
settling day as the Stock Exchange. Consos Tor
money, ok ok, and Tor the account, 91I a 90;
United States dve-twenties, 1867, 107A; new nves,
1oSk. 2P. M.--Erie, 25 Parts dispatches quote
rentes at GIL 55c.
RAILROAD BONDS.
These were comparatively firm. We note sales
of Boston. Hartford and Erie, nrst at "a; Galens
and Chicago, second mortgage, 1o1K; Great West
ern, second mortgage. 90; Erie, second. 100; Long
Dock, bonds, lol; Lake shore, dividend bonds,
esk; Michigan Central sevens, l0lk; Ohio and
Mississippi consolidated, 9s; Central Pacific, gold
bonds, o6k: Union Pacific, nrst mortgage. 93
o3N 9sX; do, sinking fund. 7s . 7sk . 7o3l; New
York central. nrst mortgage, coupon. lle; Albany
and Susquehsnnah, nrst los; Chicago and Alton.
nrst, lo7K; Wabash. nrst, st. Louis division, 81;
Burlington Cedar Rapids and Minnesota, first, 40;
Harlem, first, sevens. coupon, 100; Morris and
Essex, sevens, 100; Nashville, Chattanooga and St
Louis, first, SO; New Jersey Central, first, lo5;
Pacific Of Missouri, second mortgage, slh.
The New York herald., 1874-12-30


PesS follows s,tei j,
10 ss S rfSSSsss 5 :! Isl
s$ ss ss s5i:
iS& Es& Ssies bal 'yes'erdays closing pIices-psosmSsr,
Il a.lsS ss' is ;@sasaT' @ April i 'lsf i ssssa'1 xss
;uns &c 7ss Make. JSy weak Ssss Sssas
S @ .a sG Il ssS ass'sigs + @ ss
1000 slsc 2S st l!c 100 st ~ Z l7s2e 4oo at LIE
lss IsS i 10 sf Il S s Co. s s 8
$ - si.sa y 8 ass = % : \
l 5 s s. i 3 S 20 At ISL IS ss go ' i il Is c At s
s. IS !! ss S 4 ss g IS
3 ss aSs az & ssS @
IS Is :! Lit % ,,,ss, 4 10 % is.s, s g q
sss i .o5 6 ,s.s 200 100 At ls 100 Jans 45s
., 1ie i iise asS 60 al ss lse S Sus =
bales Grand ssU BALES The o. yes
ssi ,sss s ,sy Ar5S
s.n s SsSHs s seS Ss
ga SUs9oa %ansts9 $751; lss s
!&Sis & day week sisa ms day las. year. ssos;
0n asSre steam
burg, BY stesm, I'd; oy sai e e Bremen by s steam
sesm ss ~ Dy sas compressed 20 Liverpool '0a 0S
WIN go9a sSsSias demand psreaar
Sssy: 25ys sSssI e.! xshs sh fe ss pss'sa oa
s sa2sin. s % g. ani ana &c., ' and
not ssnss .ss
Bsss :bSss ssss saSs' @s s.sa: .
'sPos snSs asssS.sa. @
81 i ss 6Ios.;y s:s G1asay Is p4. & g. So
S.; .osass ss and
nTesa inch and SIG s an
sssss; sisss.ad os and .3t ssssssa asnas
above Ss rEsa and df'Ps sas,
d0 aSsss s9 ss % ao SsE aand
and S anS 1cn q c ch
were less scve ssay not s operating ss S
beaches were unchanged in value and QUIET unpssisd
nS ea the s in s
sGaseeln e. aop apples. So .aney sne,egSs e. Ss e
.: sS @ ?s .' sss .S s9sS 60
dGpssisa do hslSss new sI no. ao. oSs So
esas!ss5sl s,s: ssale a9s SIC rs ao ssSsSsrH
raspbsIIsss pew % s'' pum' southern H'' l''.
oG eggs are scarce and in held
very Arm e in msd s not n1
changed % and quiet We quote ss. ;sLons Islamd
r nsssey s s ers
sic western cbohce BRANDS SOC &c other Western,
NC soc. lined. choice brands ac. zac'; do poor
70 Ioya f9Sa ASp l 49, 42l ts wheat
s ss s Ssss os corn The uf
a.. IN
,siss wiss Ns 70 PSs SSs sold a.
meal was in moderate demand and steady with sales
The New York herald., 1874-12-30
STERN'S VINDICATION.
CONTINUED FROM EIGHTH PAGE ]

private Rentiemsn and be made responsible LOT YOUR
uterances by compla confess that You nave
advantage OF your Official position 70 ana
defame good of who claims 70 oe the peer
of citizen however high his position may o. Az
court Of justice, and beg you to give 20 me- nespect-
flllY. mich oIEhN.
The New York herald., 1874-12-30
HAVANA MARKETS.

HAVANA. Dec. 29 1874
Spanish gold, 221 222; American "a rs. Exchange
nomnai on the Cnitea States, &c days. currency 80
81 premium sight, lU0 lC2 premium; 20 days,
gold, ll8 100 premiums; short sight III 23 premium;
on London, LAG las premum ON Paris l20 y lz2 pre-
The New York herald., 1874-12-30
FINANCIAL.

An OPPORTUNITY TO INVEST IN STOCK PRIvI-
n eges as good as the present seldom Janu-
AIRY Is the most active month tor stocks the year and
judicious investment will pay hundred fold. Our
IL ces tor executing orders tor the purchase sale
stocks or stock privileges are unequaed by other
house We give all orders personal and
guarantee satisfaction
TUMBRIDGE 4 CO..
Bankers and Brokers' No. 2 Wall street New York.
The New York herald., 1874-12-30

EUROPEAN MARKETS.
LONDON PRODUCE MARKEr-LoNpoN, Dec. 29-Even-
ing.-sperm oil, fl05 per Llnseed, 23s 25s Sd.
per cwt
The New York herald., 1874-12-30
LEGAL NOTICES.


DEOoRD no 237a
Pursuant to decree OF the High Court of Cham
Gerry made in Ireland bearing date the Sd day Of june
1874 made In the Of William Mniar Kirk pAlntin;
Sophia Matilda Kirk, widow; Hugh Kirk, william
Kirk. Anne Kirk. John Charters Kirk. Sophia Matloa
and Henry Kirk tho creditors of John
Kirk late of Richmond Lodge and Belfast both In the
county OF Antrim. and Annvale near Ready, in tho
county OF Armagh. esquire and linen reliant, who
died on the Isl day Of unc 1878 before the TN
day OF January 1870 to send BY post. prepaid. to W..
Michael Buckley, OF No Capei street Dublin the so
HctQr OF the said william Mlar KIRK, who Is executor
OF said John krk deceased their Christian and sur.
names, addresses and descriptions aud In the case or
nrns the names OF the partners and style or ute OF me
nrm, tue u particulars OF their claim. sheuent or
their accounts anu the nature Vt the securiues any
he'd by thcm and all persons claiming TO be incun
brancers affecting the real estate of the SAID john MIX
by their solicitors in and prove the claims
at the Chambers OF The Vice thanceiio, Four courts
city Of Dublin, before said 7th day OF January
1919 or IN default thereof they Will be percmptoriy ex-
cuded from the benefit OF said decree Every creditor
claimant estate holding any security ts topro-
duce the before the Vice Chancellor at his Cham
bcrs our Courts Uubun Friday the I'D day OF JAM
lisa al u O'Clock being tho time appointed
for hearing AN, alludtcating upon the Claims
Dated this tsh DAY Of yecelnbsr, ts,t
A. T. CHAIlERroN. CniAf Clark.
The New York herald., 1874-12-30

-OuOtAHOnS
september 1874 and upland cotton in running
in quality not more than halt grade above or below
the grade quoted :-Ordinary, lxc.; good ordinary,
issc. strict good ordinary l5sc low middng l44c.;
mcdling, l41c. good midd ling l5xc The sales were
T0.Day Last Creating. TotaI
Export rt.,.,....,,...... l6 l6
Consum pt,on ,........... H4 40 84
Speculation 10 ~
The New York herald., 1874-12-30

OFFICE OF TnE HANNIBAL AND Sr. JOSEPH
~ Railroad Company. 7s Broadway: New York. De.
cember ls4 Coupons due January ISIS, So 000
Msouri state six per cent bonds known as the Han
niDa ana 81. Joseph ISSUE, and $L2Q00 bonds the
Hannibal and ST. Joseph Railroad Cameron Branc h
will paid and after the second day OF January
'''' = wy '"'" y J0HX Z. ACKER Treayurcr
The New York herald., 1874-12-30

NOTICE Is HEREBY GIVEN THAT THERE WILL
IN be meeting Of the stockholders OF the sherman
Mining Company on the 18th day OF January, 1875 at
10 O'Clock the forenoon OF that day at te office Of the
company NO 45 Fran kiort stree. IN tho city OF New
York ior the purpose OF eecing seven % Trustees Of
the sherman Mining Company Ior the ensuing year.
LEvAN >. PECK, secretary.
DATED DECEMBER -, 1874.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-04

deception are not practised in financial
statement without an object What object
had Mayor Havemeyer and Comptroller Green
in thus grossly incorporating the condition
of these revenue bonds?
The precedent set by Mr.. Green in calling
an outstanding and Understanding debt can
celled because he has drawn and locked up in
his safe warrant for the amount is, as we
have said, a dangerous one. But it is not SO
dangerous as that with which we are supplied
by the Commissioners of Accounts. These
gentlemen have an important duty to per-
form. They are required to examine at stated
intervals the vouchers and accounts of the
Comptroller and Chamberlain and to publish
the result of their investigation in the official
paper of the city. Instead of doing so they
place their report in the hands of the Mayor,
suffer it to be criticised and abused by the
very officials of whose accounts it is
an investigation, and after week of
contention allow themselves to be
coerced into sacrificing their convictions
and classifying the result Of their labors. The
object Of the creation of such o commission is
obvious. 1t is designed as o check upon the
financial officers of the city government and
as safeguard against the dishonest practices
of three or four years ago. But what is its
value to the people when it subjects itself to
the manipulations and browbeatings of the
Mayor and his financial allies? The mistake
Of the charter is in placing the Commissioners
Of Accounts under the supreme control and
power of the Mayor. They should be re-
moved only as other heads Of departments are
removed, and then they might be expected
not only to make honest reports, but to pub
lish them as required by law, without allow
ing them to be tempered with by unauthor-
lied parties
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-04-04
Congressional finance means the spoliation of
the people.



Marshal MacMahon, in recent letter to
the Duo de Broglie, alludes to the vote OF the
Assembly comforting power upon him for seven
years, and adds, "My first duty is to look to
the execution of this sovereign decision. Be
not uneasy, therefore. During the seven
years shall be able to make the order OF
things legally respected by ALL" This means
that all the power of the French army, COM
manded by the severe and earnest soldier
now the President of France, will be devoted
to the consolidation of the form of govern
ment called 'the Septennate. If Marshal
MacMahon lives and holds his army well in
hand we have no doubt he will redeem this
assurance With o government as strongly
centralized as that of France it would be very
difficult for any revolution to shake the hand
that holds the sword. At the same time it
shows the Unborn love of order now underlying
the French character, that the people should
calmly submit to power imposed upon them
by On authority which does not represent the
national will and has not been approved by
suffrage The most persistent enemy of the
Septennate is the Napoleon party. Its leaders
used MacMahon to overthrow Theirs. Now
they look around for an ally to assist in over
throwing MacMahon. The recent demon
stration at Chiselhurst has been officially
punished in the persons of the Bonapartists
who visited the grave Of the Emperor and at
the same time held Office. The Duke Of
Padoue has been removed from his Office Of
H. 1ox,o Lna.,
punished also, and this we think with o
cruel irony, for the Corsican who could dis
honor Napoleon would be an extraordinary
Frenchman indeed.
II Marshal MacMahon honestly governs the
nation during his Septennate, and gives
reasonable play to public opinion, we do not
know but that it will be the best in the end
for France and liberty. The republicans need
a season of ripening. They have never really
known the true responsibilities Of government.
1t would be disastrous for them to return to
power without having party SO trained that
it would sustain conservative administration
and not crumble into chaotic fragments.
When the Republic comes we want it to re-
main-to have within it the true elements Of
strength and discipline. This would be in
fnitely better than another Reign of Terror,
like 1898, or q reign of dreams and folly, like
1848. Under the salutary discipline of Gam
beta, who is the first Frenchman since the
elder Bonaparte who seems to have the gift
of political sense and tact, the republican
party has made more real progress than at any
point of its history. And if Marshal Mac
Mahon preserves ORDER" with reasonable
liberty Of thought and action, the process Of
education may enable genuine republic to
succeed this odd combination, which isneither
one thing nor the other.