The silver state. [volume] (Unionville, Nev.) 1870-1903, 1875-10-07
T { 1. c C f A p HlC.
EASTERN DISPATCHES
ESPECIAL TO THE SILVER STATE
New YORK, Oct. 6.

New YORK, Oct. 6.
The Herald this morning prints an-
other letter from Wendell Phillips in
favor of Greenbacks. The letter is adj
dressed to the Secretary of the United
States Legal Tender Club, New York,
and is in reply to Carl Schurz's speech
at Cincinnati. He discusses Schruz's
speech at much length, and argues
in favor of more greenbacks and less
checks he claims initiation is there
fore the first to bring out. Three per
cent. of business transactions are by
checks, notes and bills of exchange,
while only Z per cent. are effected by
| bank currency and greenbacks and this
Is the corner stone of their charges
against our present system of finance.
Regarding Schurz and his argument
that if the Government increase the
number of greenbacks they will depre-
ciate and gold advance, Phillips says
imitation is system which does not
contemplate any necessary increase of
the whole currency made up by bank
bills, greenbacks, deposits and bills Of
exchange, but to have more greenbacks
and less checks, more democracy and
less aristocracy in the money market.
He quotes from the history of Great
Britain and France that the issue of an
irredeemable currency would not in
volve the country III a vortex Of profit
gacy and corruption. The Herald edi-
torlally discusses Phillips article at
length, and says the use Mr.. Phillips
makes of the recent financial history of
France as an argument against Schurz
speech is sophistry which will collapse
like glittering bubble the moment it
is touched. This branch of his argu-
ment the Herald says is unfit for a
gentleman OF his intelligence. The
Herald also publishes a letter from
General Butler to the Secretary of the
same cldb, dated Boston, September 80,
| on the subject of the reduction of the
values of property in this city, and one
on the slavish condition of the working
class. They will submit to anything
for work; he asks how long shall such
things be; he says wOrkingmen will be
obliged to call for their wages invested
in savings banks, and when that call
comes money lenders at usury must
stand from under and may find them-
selves as much broken in spirit HIS
workingmen now are. The Herald
comments on his promised address to
the board of trade.
WASHINGTON, Oct. z.
The Chronicle this morning says the
I. 5. steamer Awatera, Captain Cook,
now lying at the Navy Yard in New
York. viii leave shortly for Ports in
Brazil, where it will take on board and
bring to this country the remnant of
the southern peopls who left United
States after the collapse of the rebel
lion to settle there, but who have be-
come reduced to the very dregs of pow
erty. The steamer will then proceed
to Lagusyra, in Venezuela, and remind
the Government that there is a little
bill still unsettled which should be paid
as soon as possible. Port au Prince
will then be visited and certain in
structions left with our minister, after
which the Awatera will return to the
United States and land her cargo of
misguided southern pilgrims at Port
Royal. y. G.
POTTsvILLE, Pa, Oct. 5.
Last night aboVt ten clock the fire.
man Ut odHpNlo ~ hHO"lCo COdl IIlu6
discovered that the breakers had been
set on fire, and on his attempting to
put out the fire the incendiares fired
two shots for the purpose of intimidat-
ing him, and they escaped in a few
minutes. The fire gained such head
way that it was impossible to save any
thing, the combustlble nature of the
contents of the engine house, consist
ing of oil, waste, &C., fed the flames,
and in q few minutes the whole struct-
ure vas in flames. Hundreds of peo-
pie were on the spot but could do moth
ing to save the building, Loss will
reach 800, 900. No insurance.