davidaulloa/AmericanStories huggingface dataset:
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

Cough, HOarseness, Asthma, or any Irrita-
ton of the Throat or Bronchial Tubes, will be
relieved by taking DR.. Bulls Cough Syrup. 1t
has cured thousands Recommend it to your
friend and neighb or. Your druggist keeps it..
Price, 25 cents.
-ZEB CRUMMET says the way to make man
act respectable, is to make him believe he is
re spectacle.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02
TRUSTEES SALE
OF
VALUABLE FARM, IN THE 9Th
ELECTION DISTRICT, BALTI-
MORE COUNTY

| ~ virtue of decree passed by the Orphans
I'D Court of Baltimore county the undersign-
ed, Trustee, will sell at public sale, on the
| premises, on
Friday. October 15th. 1875,
at o'clock P. NJ,
THE FARM OF WHICH CHRISTOPHER
BULL of c., LATE OF BALTIMORE
COUNTY, DIED SEIZED.
situated in the 9th election district of P.3lt5
more county, adjoining the lands of John Coon.
e.s4 er and Peter B. Wilhelm, and fully Ss%-
described in deed from Joshua A9s$s
.ks@G Green and wife to Christopher Bp1l S7fsA
Jr., and recorded among the land records ~
Baltimore county, in liber A. W. B., No. 400
folio So, &C., as by reference thereto will more.
fully appear, and
CONTAINING 1870 ACRES, ROODS AND,
20 PERCHES OF LAND, MORE
OR LESS,
about Twenty-Five Acres in Timber. balance.
cleared. ""i"H0o
This property has upon it a tu.a.storv ora
basement LOG HOUSE, 2Ox26 foot, Loo Ran
Spring House, &c. There is a spring Of exceI'
lent water near the dwelling; also a good
Orchard. S''U
The terms of sale as prescribed nv the do.
cree are-0ne-third cash, one.tbird in 10
months, and ne-third in twentv-fonr n,ontbs
the deferred payments bearing interest from
day OF sale and to be secured to the satisfaction
of the Trustee,
Sept. lists, Trnstee
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02
MN~Owino tn the heavv starro the

@s-owing to the heavy storm the Reform
i"aSs meeting which 10 Aavo boon hold in
Monument Square, Baltimore, on Thursday
had to be postponed until Friday evening"
Despite the rain about five thousand people
were present and the utmost enthusiasm pre-
vailed. 1t is safe to say that had the weather
been good it would have been the largest meet
ing ever held in the SQUARE.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

Gg-A great deal of buster and noise is made
by the reforming locofocos about the persecu-
ton of the Catholics Hon. Reverdy Johnson
said in Monument Square the other night that
"aey constitute a number far greater than that
Of all other Seets combined" Who, Mr. johnson,
ever heard of prosecuted majority?
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

Mr. CarroPs speech at Frederick the
other day, was in very bad taste. No one is
opposing him on account of his religious views,
and there was no occasion for his stating he
was Catholic and Mr.. Harris Protestant
Religion does not enter into this contest-Prot-
estants and Catholics are supporting Mr.. Har-
ris. 1t is altogether question of Reform in
our State and municipal government. Bait
more Sunday Herald
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

rs Every man should insist upon having
every name stricken from the list of registra-
ton that he knows has been put there improp
erly. The law intends to give to every man
his right to vote. But it likewise is intended
for the purpose of preventing the registration
Of those not entitled to it by justice and right.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

Protestant Episcopal STArisTIcs.-The fol
lowing are the statistics of the Protestant Epis-
cepal diocese of Maryland for the past conven-
tional year: Baptsms 2,445 burials I,1OS
confirmed l, 100; communicates, lost 161, gain
ed 217, present number $685. marriages 424
parochial schools, teachers I24, scholars .779
Sunday schools, teachers 1,426, scholars IL, 1855;
contributions 1881 ,622.O7.-OMr Church Work.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

rs The Baltimore County Herald of last
week, in speaking of the State Reform ticket,
says: "They are men who cannot be called
Know Nothings Republicans by any man
who has any regard for truth or consistency"
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

JHS~ The american few days ago asked
."where are the Know Nothings?" We answer
filling the Democratic Offices and running on
Democratic tickets. Let the Democrats of Bal
timore city look to Thomas Swami if they de-
sire to have the question answered.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

@s~ Don't forget to have your friends and
neighbors attend to the work of registration on
the first three days of next week. Look in our
advertising columns and inform yourself where
the registrars sit,
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02
7---
DIED.

On September 29th, after brief illness, WIILIAN H.
IN the 9th year of his age, youngest Of the late
William Bosley of Jno., of Baltimore county.
Az his late home Pikesvile, on Sept GOTH after
long illness, THOMAS WHELAN in the 6lst year Of his
age
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

1ss~It will DO a glorious day for Catholics in
this country when, under the laws of justice
and morality, our school system shall be shiv-
cred to pieces. Until then modern paganism
will triumph Catholic Telegraph.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

Gs~ If you know of any voter who has per-
manently removed from the district, insist up
on having his name stricken from the list,
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02
MARRIED.

On September ed at the residence of the brides pa.
rents, by Rev. A. P. Stryker EDWARD G. ALLEN u &.
Navy, to BELLE II: CocKEY, eldest daughter of G. W.
Cockey, all of Baltimore
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

N1-W Why is it that men are sent out of Balti-
more city to edo some work" for registration
officers in the county? Don't all speak at once.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

M@-The Westminster Democratic Advocate
tries to make capital for the "ring" candidates
by saying that two-thirds of the Reform State
ticket, the candidate for Governor and Attorney
General, are taken from the city of Baltimore,
whilst only one of the candidates comes from
the counties. The Advocate is wrong, whether
intentially or not we are unable to say. Mr.
-:;- = ..1s.s =. la.,sl'not Nv YfKins 81
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

A New ASSESSMENT There has been no assess
ment of the property Of Baltimore county since
1866. Then the value Of real estate was greatly
in advance of what it is now, being inflated by
fictitious values placed upon all purchasaole artl-
Giles by operation of the war influences. coun'
ty Immediately surrounding great commercial
city like Baltimore and having number OF ex
sees vast changes in the value Of properly "a th,
space of ten years. Property in the vicinity o.
a brisk railway station or large manufacturing
establishment may have improved vastly in value
during that time Fortunate circumstances may
have enhanced the value of certain property while
less fortunate circumstances have detracted ma
terially from the value Of other property. One
mans assessment is out of all proportion to its
value and he could not sell his premises for its
taxable basis, while his neighbours property is
worth three or five times its assessment. The
consequence is that the burden of taxation falls
very unequally on our citizens The additions
to the basis have been less than three millions in
ten years. We are we'll satisfied that judicious
of taxation in the county. For this state of af-
fairs we are under obligations to the wisdom Of
the Democracy for passing in 1874 an assessment
law which the Court OF Appeals pronounced in
operative because it was too stupid to be execu-
ted. And who would have thought they would
have re-nominated one who had achieved so un-
enviable reputation? a.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

CHARLES C. GIBSON, Auctioneer.
PEREMPToRYTRU SALE
VALUABLE PROPERTY NEAR CATIONS
VILE, IN BALTIMORE COUNTY, MD.
DY virtue of decree Of the Circuit Court for
ID Baltimore county, in equity, passed on the
oath day of April, 1875, in the case OF William
Baskerville, Jr., and others VS. George A. O'Don-
nell and others, the undersigned, as Trustee,
will effer at public sale, at Davis Hotel, Cations
vile, on
Monday, 25th day Of October, 1875,
at 2 o'clock P. M,
ALL THAT TRACT OF LAND, -
:% situate in Baltimore county, about a4xs s;sA
EA7 miles frem the city, near the inter = Il
section of the Old Frederick Road and Benzln-
gers Lane, II miles from the terminus of the
Catonsville Railroad and adjoining the lands Of
ahd Brademyer, containing about
1877 ACRES, MORE OR LESS,
and more particularly described in deed from
John McCallot, trustee, to VIM. C. Miller and
John B. O'Donnell, dated 2Sth day of May, 1867.
and recorded among the Land Records Of Bal
timore county, in Liber E. H. A., No. 60, folio
$50, &c.
The property is very valuable-it possesses
many advantages. There is a never failing
stream Of water running through the property,
on which is a mill, two dams, with full sup
ply of water; the land is rolling, adapted to the
cultivation of all kinds of grain, fruits and
grasses; it abounds in minerals, such as
"Ochre," yellow and red, "Asbestos," &C., from
the sale of which the whole place could be paid.
1t consists of about 50 acres of arabic land and
SIS of wood and timber and is susceptible of be-
ing divided into desirable and valuable build
ing lots.
Improvements, besides the Mill and Dams,
there are
THREE DWELLING HOUSES,
with outbuildings.
TERMS OF SALE.-One-third cash on the
day ofsale, the balance in six and twelve months
from the day of sale, the credit payments to
bear interest and to be secured to the satisfac-
ton of the Trustee.
Persons desirous of purchasing will please
examine the property and come to the sale pre-
pared to mako a liberal bid. For further par
ticulars apply to
D. G. H. EMORY, Trustee,
No. AZ ST. Paul St., Baltimore City,
or Smedley Row,
Towsontown.
CHARLES C. GIBSON, Auctioneer.
Oct. IT'S.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02
LOST.

ON or about the oath of Sept, BLACK
~ AND TAN HOUND DOG, answers to the
name of "Dash." The finder will be rewarded
by returning said dog to
J. ALEX. GREEN,
A Buren, St., Baltimore,
or to LEWIS H. URBAN, Towsontown
Oct 2--lW.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02
NeaO Advertisements.
GEORGE II. G. PERKINS
NEW YORK
FANCY DYEINC 6 SECURING
EST.aBLISH.uETT,
No. 1872 North Eutaw ST.,
BALTIMORE.

~ IL l. ,
N[DALL WORK FROM THE COUNTRY
10y WILL RECEIVE PROMPT ATTEN-
TION. ORDERS RESPECTFULLY SOLlC-
TIED, and satisfaction guaranteed. [oet2-ly
DISTRICT COURT OF THE UNITED
STATES FOR THE DISTRICT OF Ma
RYLAND-IN BANKRUPTCY. IN THE
MATTER OF JOHN L. LEBRANTHWAlTE,
BANKRUPT. District Of Maryland, IS:
A WARRANT in Bankruptcy has been IS
sued by said Court against the the estate OF
JOHN L. LEBRANTHWAITE,
of the County Of Baltimore, and State of Mary
| land, in said District who has been duly ad-
| judged a Bankrupt upon Petition Of his credi-
tors, and the payment of any debts and the de-
livery of any property belonging to said Bank
rupt to him, or to his use, and the transfer OF
any property by him, are forbidden by law.
! An adjourned meeting of the Creditors of said
| Bankrupt to prove their debts and choose one
or more Assignee of his estate, will be held at
a Court of Bankruptcy, to be holden at WEST
MINISTER, in said District on the l4th day OF
| October, A. d. 1875, at 10 o'clock A. M, at the
office of Richard B. Norment, one of the Regis
tiers in Bankruptcy of said District.
EDWARD Y. G0LDSB0R0UGH,
q. S. Marshal for said District.
Oct 2.-2w.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02
NeW Advertisements.
NOTICE

NOTICE.
A LII persons are hereby forewarned not to
IA haul any more SAND Or GRAVEL from
the BANK ON THE DULANEY'S VALLEY
TURNPIKE without making application to
Mrs. CHAS. r. CHEW,
Oct. Pm. EPSON Farm.
The Well-Known Young Draft Stallion
~rHAsA .o--..-- @
WILL be offered for sale Friday, October
w 18th, at the GROUNDS of the Hartford
County Agricultural Society, near Belair.
Oct. 2.-2t.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02

Kent county. You'll have to invent somethir
bette than that, friends.
The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1875-10-02
TRUSTEES SALE

By F. W. BENNETT & CO., AuctiOneers.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-03
THE NEW FISCAL YEAR.

The Public Debt statement for July gives us
the result of the operations of the Treasury
for the first month of the new fiscal year The
net decrease of the Debt is $1,204,SS7 36.
which almost exactly agrees with the decrease
for July, 1874. This year the people have GER
tainly a right to expect substantial decrease
iD the expenditures, and whatever is gained
on that side will be so much for the Sinking
Fund, since it is not at all probable that the
customs and internal taxes will produce less
than they did for the year just ended. We
observe that at New York the customs received
at the SubTreasury for July amount to
S9,59S, ut, against $0.989,O7o for July, 1874.
This is 4 decrease of $39O,361, or less than
four per cent, which is probably partially
compensated by an increase Ill the receipts at
other ports
The amount Of gold coin ordered to he sold
this month is five mllions-thc same as for
August, 1874. 1t should be taken into con-
sideration, however, that the coin sales this
wear include about a million each month for
the purpose of retiring greenbacks under the
Act of Jan. Ia, 1875. This million is
promptly taken back into the Treasury by the
sale of an equal amount of five per cent
Of coin owned by the Government, after de-
Quoting the coin certificates Is now $f6,217,-
600 The corresponding amount one year ago
WAS S37, 644,211. The Debt statements give
in detail the amounts of each issue |Of frac-
tonal currency, first, second, third, fourth, and
~, ON. Would it not be of much greater service
to inform the public what quantities OF silver
and silver bullion are included in the item of
con7 We do not doubt that tho stock
of gold coin is ample for current purposes,
but men of business do not like to dc left to
guess at large sums which might be accu-
rately stated. We cannot imagine that the
public interests would suffer in any way from
giving to the public the amounts of gold and
silver separately, while under the present prac-
tice of mixing the standard Constitutional
legal tender and subsidiary coinage together
no information of any value is conveyed in
regard to either one.
The conversion of the fivetwenties into the
five per cent bonds Of the new loan is now
proceeding mOie smoothly and rapidly than
expressed more than a year ago, while Mr..
Richardson was still Secretary. Exclusive of
the $5,OOO,000 which fell due yesterday, calls
are now out for 44,997,20O of the six per
cent bonds of 1862, maturing at various dates
between August 10 and October %. 1t is
very probable that between now and Deem
Der the remaining $4s,537,55O, which will
exhaust the $5O0,OOO,0OO of five per cent
stock which the Secretary has the power to
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-03
dmnsements ano Alectimss.
1nScr 10 Advertisements.

AMueEMrNTs-S crcah Pdoe-4th. 9Th. and 9Th columns
BANkISGIioUsEs AND BANKERs-SeccGh looe-lst col
umn
BOAgp AND RooMs-Sertnh Pa0e-4th and 5th columns
BrsIN,ss NOriCEs-IouM PdJe-lst column
en- >~cxs FOR BUSINESS MEN-Second Pd9e-6th coiunh'
CORPORATION NonCRs-Second IGge-5th column.
DIVIDEND NoTICEs-Screah PdGc-lst column
IDRNTisrRY- Second Pd0e-6th column.
ExCURsIoNs- Sereph IdQe-6th column. . ~ g..
FIKANCIAI-ThWd Page-6th column Seeen0h IoSe-lst
column.
FuRNITURE-Second Pa1e-6th column.
IIFIP WANTED MALES StrcNh Pdgc-6h couinn
HORsEs, CARRIAGES. HARNESS. &c.-Strenh fd0e-is'
column. . g., n. o,,,,,
ks crios-Sirfh Page-3d 9Th, and 9th columns.
LAW sCuOoIs-SiTh PdOe-5th column.
LEGAL NoTlCEs-SsrcnM PoQe-ith column 49,, &c.,,
MARnIt AND 81 MANTfis- HecOnd ld1c-tth coiuihh
MARgIAGEs ASD DRATns-Iitth Idoe-6th column -,
MIsCELLANEOUs- Seventh Page-4th column; h'g"'"
PaCe-Gth column. .., o,,,.,n
NKw PUBIIC ATIONs-Styth Idge-3j column
PRoros lIs-ScrenM Pd0e-3d column , ~ o., -,
Raj ESTATE FOR sALr-CITY-Sercnm rdge-ZoN ru,-
umn: BROOEIYN-Sercnh Ioge-2d column NV.
JKrsRy-Seunh Tagged column: 'ouNTRi ~,
Pdge-2d column: AUCTION sNiEs-ne'thM , ug. ."
column: To EXCHANGE Serchh fd9c--o co'u'""
ANS M AUCTION Second Id0e-6th column. , -,
aIruAr IOSs WANTED, MALEs-Strenh id2t-otn cor
umD: FEMALFs-SrrcnM PdGe-5th ana oth coiui''iiS'
RpyCiAI NOTicE>-fifh PaQe-6th column
RT AIoStRY-Sfeond PG0e-Gth column: - "a. nm,
Srs.vpo.rs AND RAILKOArS-S6cOnd i0oe-oth CUT
umu-Strh Pa1c-5th and 9th columns.
err awyR. OCFAS-Serenh Pdqe-3d column
Suu N f,lTLgATS--Screafh IGgc-5th coluinn'
rt,Cu, Is-SiIfh Tdge-5th column: -, ,
~, yyT-cIT, Property Sereph Idge-2d Column
CouNrRY-Serenh ragged column
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-03
THE GREAT PUBLIC MIND.

A people in history is judged as much by its
mind or tastes as by its deeds. Several OF the
contemporaries of tho Greeks equaled them in
martial vaor, but being without art, phi
losophy, poetry, these barbarians are COMPARE
lively forgotten, while Athens still guides and
colors and informs the worlds thought. Is it
not worth considering that the poem rccited
10y Mr. Longfellow on the 9TH ult. at Bruins
wick has already been read and enjoyed by
thousands, and will be read and equally en-
ioyed by hundreds of thousands Moreover,
the quality of the poem makes this remark
able because it is a quiet piece OF mu'lng and
reflection, and, though not absolutely didactic,
rcplcte with wise suggestion. 1t il not a
stirring lyric inspired by the SIMEON of war; ;
in chaste and wel-tempcred lines it discusses
the aspirations, experiences, and upshot OF life
with an old mans gravity and sagacity; yet
for some weeks to come it will be continually
reprinted in the newspapers, and people meet
ing will ask each other if they have read it.
In this there will he no fashion nor affectation
nor insincerity. The poem will be honestly
admired, because it is good thought IN good
language. and is true to the general eApe
rence. Does mere mOney-making and
materially minded people ever trouble itself
much about poems Of this sort. or of any sort
Yet here are excellent yerscs which viii he
read with interest and criticised in,clligcutly
by men and women of widely different classes,
and recited because of their freshness in schools
and lecture-rooms which will be carefully
preserved in scrap-bOOks and committed to
memory, and which, being really liked,
will become part Of the nations
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-03
PUBLIC OPINION

Senator Thurman shows what happens to q
man belongs 10 d Laity II La sad, msiinA"
Commercial (intl
Eastern papers say tlGt he'.cy wants TO
ht"n his motor ohio h, nl,,tt.. 'icaot III VIII
II, ed more that To make II move f IL rcv'en
from tie ELECTS Of senator TbuI mans ant-piItioi"
sls,ch-I loodO Blade thep
The leiar of Mr.. Peter Cooper on the cur
rno, mas IL, pnAtc Ii, ~ pahpG" I. ana sh0nu W
circulated eNrcusiNcl, n oAJ. lc Cuhfacter OF tho
uubnarted uDiuna're his wide experience IN b. sness
aigr nj A poi lance Gnd value to AIS NOws-ltlncnr
niti In .lrHr tDcml
Unless Ohio shall bc redeemed by the Repub-
lc.. Ia, ot $50 VIA close Nth tue l~iuAr
command, "As luu wee, gCut.emen." aud the organs
viii shen proceed to cipher oait, 10y all manner oI
~ Ain, ca p,o, oSSs. tie gains on b9L sides NOUN
lAo having OF ans ator eectiVns -lfhiad, ip"lA
1uuos iindD
In OAio tie money question Is the MAIN
question, and uat s,s - i.as hard, ahd as rui
Csp II .gy held rcSpOu slre Tor the iCt ust ~ io
WILL GOV. Alien he tcfirCteu 10y an immense uiiOoiy;
AItUgCth.i tie UutlCr 81 H. ono which pVnsth or lSI
the most complete ca overthrow Tor the d'nlia"
luIt \,f IA oidod IN tie history VI political warHe-
loi. ..uu.s limes tDem)
TIE NEw-YORK TRIBUNE puts the political
virtue vi B, nator 9purnIan W seven teal a. quns
linn 10 repudiate both csnudates ana IlaOrl tunl.
crng vital character Of the Issue nd the renendus
import OF u victory Tor the royouiioiss, this IL noi oS
high demand But, OF course. Senator thurman VIII
nothing of the kind Ills political prlncipi,s are hci y
that wuIp and WvVf-t Montgomery Ala, state SoAn
krpJ
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-03
TERMS OF THE TRIBUNE.

DAILY TRIBUNE, Mail Subscribers $40 per annum.
SEMI-WsEKLY TRIBUNE, Mail Suhscrlbers 90 per an
WrrxIY TRIBUNE Mail Subscribers, 81 per .ninuhi.
Advertising Rates.
D,rv Tp,R,rSp 9Oc SOC 4Oc soc. 75c and ST. per
Sr,IoWrrKIy TRIBUNE, % and 80 cents per line.
WEEYIY TRIBUNE, 80, So and 81 per line,
According to position III the paper
Terms cash in advance: v,
Address THE TRIBUNE. Eew-fork.
TnE DAILY TRIBUNE viii he mailed, postpaid 70 70
anv address (which will be changed whenever re-
omestedl i'm the United States or Canada; one month
for in Great Britain" GsT%a aSd S"rway, for
81 10 and in France for S1 7S. The SkMi- WEEKLY
TRiBUNF will be sent three months, or NE "EEhLi
TRInrNI six months. for the same amount
Persons unable TO obtain THr TRIBUNE IN 9ny q mf
trains boats or hotels in which Is usually sod Tau con"
r Jaror by iafoning this office OF the circumstances
The SEMI-WEEKLY TRIBUNE will be ready p tn~
morning at o'clock, in wrappers for mailing Trce
8 cents. w..
Advertisements for this weeks issue OF -, IH HI.
wgTItY TglBt Ne be handed IN To-Day filce % Pe
Tine
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-03

issue under the funding acts, will
have been subscribed for. What Of
feet on our credit may be produced
by the defeat of the Allen-O Gary ticket in Ohio
next October we cannot anticipate. We shall
be extremely gratifed if it makes market Tor
tho four-and -a-half per cent bonds at par
But We must not forget that France Will
soon convert her immense five per cent
debt into a security bearing lower
interest and it j. not reasonable to ex-
pect the rate of interest on French or
American stocks to fall in the face OF an
operation of that magnitude. French and
American credit now stand on almost exactly
the same level, the prices of the five per cents
of the two nations being almost identical.
French three per cent rentes are now quoted ut
about Ca including some accrued inter-
est. .Disreaarding the interest, this quo
tation is equivalent to 96 for four
and q half per cent security, showing
that it is for tho present probably
not possible to sell orr four-and-a-half per
cents on the conditions to which Secretary
Bristow is restricted by the funding act. 1t is
greatly to be regretted that the last Congress
did not authorize the issue of more five per
cents, since over 81 200, 200, 900 of our bonds
are still drawing interest at six per cent, hlch
is more than we ought now to be paying.