davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

far beyond the limits which, prudence would
have dictated.
Can any intelligent man be found who will
dispute that ut some time within the seven
years from the beginning of 1866 to the end
Of 1872 prices of every kind that OF gold ex-
cepted, experienced rise? The exceptions
to this great rise of the tide of speculation
must be few and unimpOrtant. In 1873 the
speculative movement came to an end without
any operation of any kind on the currency.
For eight years the changes in the currency
have been utterly insignificant, the net result
on balance being slight initiation. On the
other hand, the changes in the state of credit
during that period have been immense, and to
those variations in the state Of credit are due
the variations in prices, in the de-
mand for labor, and in the scale
of expenditure among private citizens.
A cause ought always to be adequate TO pro-
duce the effect which is attributed to it,
Changes in the paper money of the United
States since 1866 have been very slight.
Changes in the state of credit have been
enormous. A customer, let us suppose, buys
on credit, paying every six months by check
on q bank from which he has borrowed few
thousands on pledge OF railroad shares-we
need not trace further the qualifications of
his credit, but do not his purchases on
credit have the same effect on pro-
duction, consumption and prices as though he
paid in cash Z No doubt they do, IA long as
his credit holds good. Why is it, then, that
contraction of the currency, and an imaginary
contraction at that is saddled with the re-
sponsibilty for every financial reaction, while
credit, whose publication and fresh growth
should be encouraged as the only real
cure, is attacked without mercyY 1t
would seem to be the opinion OF
some in the country that to lend money is a
crime, and that creditors should not only be
robbed but ducked in mill pond. 1t is a
weighty sentence with which Mr.. McCulloch
opens his letter, in which he tells us that ours
is the only nation In the world where the pub
lie creditors are objects of contumely and de-
nunciati0n. That fact of itself is one OF the
causes OF the persistent depression of trade.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20
ran MONEY md BID CREDIT

Had we not the testimony OF our senses to
the fact we should never be able to believe
that thousands and tens of thousands of intel
ligent men could persuade themselves that the
mere increase Of paper money. which no one
can eat, drink, wear, or exchange with foreign
nations for articles of value, would add to the
prosperity of the country. Even where gold
il the only currency in use this idea is mainly
delusion, though gold has always value as
bullion in exchange for foreign products.
Moreover, it is right that those who pro-
duce gold and silver should be paid for their
work. The producers of our paper money are
the Government and the National banks, and
the product costs them nothing beyond q
trihing expenditure for paper and printing.
It has no value in foreign commerce. Could
we pave with greenbacks boulevard to the
fixed stars, the money would be valueless to
lis in our trade with foreigners, except on the
footing of rags Within the country nobody
could gain anything by the initiation except at
somebody clse's expense.
Ex-Secretary McCullOch refutes in the letter
printed this morning the absurd charge that
his attempted contraction in 1866 caused the
financial crisis Of 1873. Such palpable mis-
representation may be exposed in great va
riety of ways, and Mr.. McCulloch shows the
groundlessness of the charge by pointing to
the course of prices for iron. There are two
great factors which have controlling infiu-
ence over the general level of prices, (D the
quantity of money and (2) the state of credit
In 1865 the quantity of money was great, but
the state of credit was not favorable to great COM
mercial activity. A great mass of Indebtedness
had recently been paid Oft in deprecated
currency, and the National credit was not yet
firmly established. People in general were
rather uneasy at the formidable size Of the
Public Debt, which, with the exception of the
grccnbacks, carried interest at an average rate
of more than SIX per cent, calling in all for
about $3.50, 900, 900 in gold and currency each
year. Under Mr.. McCulloch's management of
the National finances credit improved. Capt.
talists lent with freedom, being en-
couraged by the declining price of
gold, the pledges Of Congress to speedy
resumption and the overlooking revenues of the
Government. At the same time the European
demand for our securities began to gather
strength. In short, down to the close of the
year 1872 T sdit grew amazingly nd passed
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

"Juner He is also reported az having said
at Warren that of course the greenbacks would
never be redeemed - that the natural and
proper result of imitation would be reputation.
Now it is not strange that such person as
Cary should hold these views There are men
of more sense than he in Bedam who hold
similar opinions. But the wonder is that In a
great and prosperous State, in city ike
cleveland. which owes its uncxampled prosper
ity to intelligent and honest industry, crea-
tnre without personal or social weight TO cnti-
tie him to propose any sort of novelty, should
be listened to and applauded IN the utterahcc
of insanites which if accepted and put III ac-
ton would make desert of the country.
There is nothing else in this campaign. Dir.
Thurman, with his cautious explanations OF
the platform; Mr.. Hendricks, with his feats OF
equilibrium on the fence, and men OF thar SORT,
cut no figure whatever in the fight All the
honors all the plaudits, all the enthusiasm are
for the roaring repudiatiOni,ts who den0unce
the bondholder the man who has lent ms
money TO the Government at low interest, as
the robber and plunderer of the people; who
encourage the loafer and the tramp to take
their living by the strong hand from the
wicked fellows who have worked and
saved money; and who appeal to honest
and ignorant poverty to take counsel OF It's
ignorance and forswear its honesty, on the
nretepse that it can never be relieved ex-
cept by the dishonOr of the nation. VI
course there are thousands of Democrats In
Ohio and hundreds of thousands in the country
who look upon all this with disgust and abb
horrence. But they cannot help hoping that 1t
may gain votes for the party, and they think.
with that infatuation which is the besettng
sin of respectable people everywhere, that
when the victory is once gained by the ald
of the loafcrs and blathcrskites, they can then
step in and reap the peaceabe fruits Of it, II
they are so unfortunate as to elect Allen next
month, they can then see what success they
will have in saddling this wild ass Of the
prairie
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20
nrrJVEBaycE FROM A HTRPIC4NF.

DELIVER1NCE FROW HtRHlCANE.
While reports OF considerable storms, doing
much damage in Canada, find a place in our
news columns to-day, we have cause for re-
ioicing that more dangerous visitation OF this
sort has not swept the cities OF our Atlantic
seaboard. A fierce hurricane which started
in the tropics some days ago, displayed great
violence in Cuba, the center of the storm
being on a line drawn parallel to the axis
of the island, through its sOutherly capes,
Santa Cruz and Corrientcs, moving from east
TO west. Turning thence somewhat toward
the northwest, its course in the Gulf OF
Mexico became parallel with the Gulf Stream,
and when it reached Galveston its forces were
united with that current in producing there
the destructive overflow of the 10th inst,
which is very fully described in our advices
this morning, previous kilograms having
given an inadequate notion of its sever
ity. OF Galveston the path of the
hurricane curved in a semi-circle sharply to-
ward the east, sweeping over New-Orleans
and Mobile along the coast line. Previous ex-
perience with this class of storms led
the Signal Service Bureau to expect
that this one would follow the At
lantic coast northward, after reaching Florida.
In this expectation cautiOnary signals were
ordered at our Atlantic seap0rts, and prudent
shipmastcrs from Savannah to PASSPORT awaited
its onset and hesitated about going to sea.
But the hurricane, after crossing Florida, went
to sea itself. Very early yesterday morning
its center passed over jacksonville, Fla; be-
fore noon it was OFF Cape llatteras, perhaps
800 miles out at sea, and in the evening when
1t was probably moving on parallel with our
own shores, it was too far OF in the Atlantic
to affect us.
But while the precautions taken iii the ex-
pectation of this storm have thus proved I'M
necessary, itcannot be said that they were i'll
advised. A large majority of the storm warn
ings from the Signal Service Bureau prove
correct, and their value as IL whole is unqucs-
tionable. 1t is always better to err
on the side of prudence in maritime risks. The
number of tropical storms that visit us Is, com
pared with those from the northwest, small;
their paths are more difficult to predict, es-
pecially while they are on the Gulf coast; but
their occasional visits are apt to be so violent
that it Is very desirable to be fully forewarned
when they are among the probabilities.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20
TERMS OF THE TRIBUNE.

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Persons npdote TO obtain The TRIBUNE IN any Of The
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fey Jaeor BY isJorning tbs Office Of the circumstance.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

The Winter campaign Is about to open In Cuba
with the insurgents stubborn and self-relant,
while the Spanish Captain General is compelled
to depend for success upon what roGnforcemcnts
he can bring from Spain by the aid of a forced
loan in Havana. This state of things, after
seven years fighting, does not promise well for
the Spanish cause.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20
Gmuecmcnis ano nlcetirss,

ACADEMY Music" Around the World"
BoorH's THEATER.-" The Flying Send"
FIFTH AVENUE THEATER.-" Our Boys"
GRAND OPERA House." Red and Black"
LYCrUM TIE ATER.-" Nine. L'Archiduc"
OLYMPIC TuEATER.-Variety Performance
PARIsIAN VARIETIES
SAN FRANCISCO MINsTREts
THE AFTER CoaIQUE.-Variety Performance
UNION SQUARE THEATER.-" Tho Gilded Ago.
AMERIC ~ INs1ITUTE.-Exhibition.
ARIoS HALL-Oratorio straightforward.
GtLMoREs GARDEN.-ConCert.
METROPOLITAN MUSEUM OF ART.-Paintings statuary,
&c.
wAvERrY. n J.-Agricultural society-Annual Fair.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

The gentlemen of Maryland who are op-
posing the Democrats of that State IN the
name of Reform seem to make more progress
in New-York than in Baltimore. A conference
in this city has resulted in agreement upon a
State ticket to be submitted to the Republican
Convention, which meets in adjourned session
on Wednesday next.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

young gentleman whose name is Joseph sends
to us for publication the worst verses which we re-
member TO have wrestled with. He wishes us to
print them in TIlE TRIBUNE and to pay him for them
what we think them to be worth" There is moth
ing unusual about the consignment of broken backed
stanzas but in letter which comes with them the
writer tells us that he does not know whether 70 be
a farmer or a poet and our advice is invoked re-
spectng the dilemma. "My minister says OBJ
serves Joseph, "thSt | have great deal of talent
and that il makes the tears to his eyes TO read
my poems; but my grandfather says he had rather
see me hoe potatoes than write poetry" And then
the confession follows: "It is great deal
easier for me to write poetry than to hoe pota-
toesn OF course il is: but which is the
more respectable business Poets just now are
as plenty as peaches but frst-class potato dggers
with real genius for that business, are not so
mon. There are prizes to be won in this department
of human energy, and wreaths which may be eco
nomcally woven OF the tops of the plant itself.
Joseph the head of your reverend grandsire il level
You say that he is old fashioned" but so is common
sense, which is none the worse for its antiquity.
Potatoes will always be in request. but poems are al
ready drug in the market, with 10 prospect OF di-
minished supply and increased demand. The pen is
mightier than the sword, We admit but the plow-
share beats both. Wherefore, young Joseph, We
hone that Won will follow the advice of gNndpapa
and write no poems when you can D1lu any thing
better W do.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20
Business Notices.

BEST LIZ INSURANCE-BeSt Plan, Best Quail
itv Best Z errs-TmE TRAvLLEss of Hartford.
Best Mode Of FREPROOF BUILDING, cheap
and artistic once, Il Tribune Building New-lo
USE BrrMMEL'S CELEBRATED COUGH DROPS.
The genuinc have \. II. b. on each drop
DYFING AND CLEANING.-Take your Dyelng
and Cleaning the YORK DYBNG AND PRINTING EsTAb
IsfmKNTqS Duanes $50 Broadway and GlO
lCG and los Brookyn Es.Dseo 30 years
WHAT ADVERTISERS WANT-ihey want the
naper having IT LAEGFsI among TE Bksr ltO
rlR dpuaOe gurcs. and facts within Che Of
every one v 10 cares character OF the pco
pie different papers show conciusVey thab
THF TgDINE II. The TRIBUNE Goes no1 cIcuiatS
~ murh ia tenement houses, but on Murray hlLL
BROOKLYN Nights in the leading hotels and througnout tne
hest nr oD m m city ard BrOOk among substantial Gu
Iens has alsest circulation Of any paper IN INC cry
For crs bearing point the notice Of interest 10
Advertisers ~ special Notices or tODorIows IhBt ~
Here official report Of the Postmaster OF NV ORE 70
fhc amount Of postage
first month the present year by each paper named on ITS
ed oTk Office 10 ls regular
subscribers the law requiring prepayment OIL postage
Pounds at annual
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

We have received from Wilmington. y. c. fine
illustration of the differences of human taste and
opinion A lad Of color there was sent to Jail for
non-payment of fine in a of battery and being
kept for the proper time put out, with the world
"all be fore him where to choose "a liberty which he
found as distaeefu as Adam and his wife found it
of old. So Henry waited upon the Sheriff and be-
sought q commitment to his old quarters. All ex-
plantations of the nature Of criminal Jurisprudence
were thrown away upon him. lie went back to the
bastile and at the moment of the latest advices was
bowling heavily for incarceration and yearning once
moro to be a captive. Now, there is kindness and
good feeling in Wilmington as everywhere else; and
Il well-to-do husbandman, hearing Of this case of
juvenile despair, besOught the youth to como and
work Oh farm, where he would find home and raj
ment, plenty of food and liberal treat
mcnt. But such prospect had no charms
for one who had tasted the joys of
Jail. The charitable proposal rejected. But,
SURELY demonstrated citizen standing by. work
ing on farm with enough to eat and wear ID better
than staying in JAIL think" Then it was that the
boy to the dignity of the occasion and aired his
philosophy. "Well, / DON'T said he There are
many lovers of lazinoss in this world who are not
quite SO frank. They make great fuss about under
taking something they sometimes play at working
with easy assiduity they do nothing perhaps, but
complain that there il nothing to do; they assert
that the world owes them a living" and their only
business is to try to collect the debt In fact ii
would be interesting TO know how many of these
public pensioners, who have never otherwise helped
themselves since they were born, DO actually con-
trve to break into JAIL when the season stops tramp
ing the lodgings III the statOn-house are not to
their aste,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20
nrANcH orr1cEs OF TIE TRIRrNE.

Nrw-YoRK-No ], 1913 Broadway, corner Thirty
6rst-st: No. sos West Twenty third-st. corner
Eightll-ave.; No. 760 Thrd-aye., corner Forty
seventh-st.; No. 1856 Fourth-ave. (Harlen.l
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

Mr. Charles Reade has written a strenuous letter
to The London Daily Telegraph, to complain OF the
popular error that an English Judge has passed too
lenient sentence Col. Baker because he belongs
to the upper classes" On the contrary, Mr. Reade
says the punishment of Col Baker is "seyere be-
yOnd all precedent" g His fine is more than double
the highest previous fine' and his Imprisonment
"about twelve times what, if the female had been
in humble life, BLACKBOARD by descent and inherit
ance would have got" Having stated these propo-
stiOns, Mr.. Reade goes to work TO prove them more
suo by reference to one out Of twenty folio note
books" in which he has " entered alphabetically the
curious facts of the day for many year" And this
is what he finds in of the volumes: "The fines
for indecent assaults range from five pounds to
twenty. Among the examples is one that goes far
beyond Bakers case, for the cuprt had recourse to
chIoroforIn call this criminal assault. The mag
istratc, however, had doubt, and admitted the cul-
prt to bail. At the expiration of the bail the Lu-
cretia in humble life walked into the court on Tar
quin's arm, and begged to withdraw the paint She
had married him in that brief interval. The magis
trate scolded them BOTH and said it collision to
defeat the law He lacked hnmor poor man. When
a lady OF gentleman is one of the parties, that I'M
medately elcvates the Ofense. have case IN my
list that resembles Bakers ill some respects. Ii was
a railway case-the offender gentleman, the plain
tiff a respectable milliner. This dealt with at
Quarter Sessions; fine G20O, imprisonment. In
Crafts the parties reversed. Craft car
pener at Harrington, kissed by force the daughter
of 4 neignboring clergyman. She took him before "a
Jury and he got six months. But Her Majesty remit
ted Mree months of this sentence" Of course the mass
of he wspapcr readers, who rarely get more than half
the sense of article they their eyes over will
say that Charles Reade protests against the sever
ity of Col. Bakers sentence" lie does nothing of
the kind. He thinks it most proper a gentle
man should be severely punished for SO heinous
an offense.' But ho protests against facts being
turned clean tOpsy-turyy.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

We now have assurances that the Red Cloud
Investigating Commissioners, having made a
trip to the Indian country and gone through
the tedious formality of hearing the testimony
of such witnesses as fell in their way, are
fully prepared for the work to which they were
appointed, namely, the vindicatiOn of the In
terror Department from the aspersions Of Z" a
"Mr.i Marsh" The nature Of the case-the
truth of the charges being generally admitted
will not indeed admit of avindcation of the
first class, but a liberal coat of whitewash has
been ordered and will be applied one day this
week to the backs of Secretary DelanO, Com
missioner Smith, and Of anybody else in the
Indian Ring who may ask it, There is con-
ISOLATION, however, in the promise Of the Wash
ington dispatches that Mr.. Delano, having re-
ceived certificate of character from the Com
mission appointed by himself to investigate
himself, will oblige the country by retiring to
private life. A Democratic House of Repre-
sentatives will probably look more closely into
this Red Cloud business.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

The sinking of the great iron-clad Vanguard
in less than an hour by one blow from the
ram of her sister ship the Iron Duke, as de-
scribed in our London letter, forclbly Illus
trates the formidable character OF modern war
vessels. Naval ornaments will have TO De
on a vast scale when disasters of this KIND
are possible in time of action.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

The above show that Hk IRBuNB crcnatta
through the mails than The hoTG ana I CON H
orders Of the great companies in and out OF
CRY show similar dsprOIOrtion in favor OF IHk TRIBUNE;
bS tcurs in aprl published Al the time ana VIII
he given fEB SRs Special Notices TO morrow Lhey
EXHIBIT tho same relative proportions ou other papers
having col ned OF the damaging effect the companies re-
fuse to permit their further publc2loD
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

and raw, with light rains in tho morning Their
mometcr, 40, 40, 400
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

THE TRIBUNE's MONTHLY CALENDAR.
IN. tarce fgure8 indicate the 6qys The 0se small one
O the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

MONDAY, SEPTEMBER 90, 1875.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

Whenever Dstrict-Attorney Wells of Wash
ington turns over bundle of old papers ne
seems to find further evidence of the coIrup-
ton which prevailed under the eye of
his predecessor, for whose retention ex-
Gov. Shepherd fought so hard, and whose
removal was secured only through the COM
bned persuasions of two or three members Of
the Cabinet The President is doubtless con-
WINGED by this time that Judge Pierrepont
and Gov. Jewell were right in their opposition
to Mr. Fisher. The latest revelations tend to
show that official incompetency was the mild
est ofense with which the late District Attorney
and his assistants might have fairly been
charged.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

Mr.. William Welsh Of Philadelphia concludes
his series of letters to Prof. Marsh on the
frauds in the Indian Service, as he began, with
plain words. 1t is very clear that if these
frauds are ever fairly and fully investigated
Mr. Welsh will be a most formidable witness
against the corrupt officials and favored con-
tractors. His plan for the reorganization of
the Indian Service, which is given in this last
letter, is crude, and provides for machinery
scarcely less cumbrous and unmanageable than
the present, but it has good points which leg
islators who have this subject under consider
alton may find suggestive.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-09-20

The close of the Westervelt trial has APP
parently brought us little nearer to the solu-
ton of the Charley Ross mystery. Strong CIR
cumstantial evidence connects this man with
the abductors of the boy, without showing his
completely in the abduction. There are indi-
cations, however, that the prosecution has not
revealed the full strength of its case, and per-
haps Westervelt will have another chance to
tell all he knows on the subject.
, 1875-08-25


T1lo other day t,ottust husband went on on
n.hihg c1cnrA,nn with ANAL party Of ffton'ia.
Returning At midnight he Eot,ndc'l on tho door
and awoIe his wife. Az te ol him into tho hall
rho Aa% that something aiel him, and ei1e cried
out:
'WlIv, Henry. your faco il "a rcd a. paint"
"f'tlcraer MT, " ho replied, fceling alo1ig down
TIM hail.
Aud bcllovo you've been drinking" sho
aided.
Wlhzzer mcau by zhati' ho inquired. trying
to stand htiii
"Uh! Henry. vnur face wonld mover look liko
that II you hndh't been dtfnking."
- Mt to b!amo7" he asked, scarB 10 his eyes.
'Stosnn bg b,bs jump up'n lr1s mo IN tn face
All mako 1t toi-ml to hlamof"
Ana f'o Hat down on siIa floor and cried over
her UNI uet s1lsticione