The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1875-03-11


The deceitful and treacheroas character OF
rail road stocks, AS eXempliied in the late
lamented Union Pacific, and the recent disclo-
sures of the nail subsidy business, have cast a
profound gloom AMI imposed a crushing ard
empowering feeling of uncertainty upon those
WHO nave heretofore been prompt and decisive
in the matter OF subscribing to the capital stock
of our various and gigantic national cnterprl-
ses. The late intelligence. therefore, from It.
aly,will carry much encouragement and renew
ed hope to this sorrowing class, and turn their
melancholy musings from the uns.iostantnl
character of domestic securities to the broader
and safer one Of orr foreign friends. Garibal-
di, that irrepressible AMI cool old Utepian,
has Invested himself OF lbs revolutionary battle
axe and armour, and has gone into the less
chivalrous but more practical and prosac bust
ness of finaneiering. Having regulated all It
ally and harnonized its discordant elements,
he turns his unwearfed attention to the River
Tiber, and NOW all the money bags and corner
watchers OF the country will prick Up their at
tenti~c ears at the proposition he makes to his
American friends and sympatilizels.
''Baldi'' has s.artel asl1cnterprise known as
1.-The River Tib:r Improvement Company
1t is the lofty de ign of this noble corporation
70 turn back the ''sullen tlow'' OF this historic
f, livulet, dredye its channel deeper ana widen
its current, and altogether make it a stream
worthy of the grand associations which cluster
around it. 1t viii bea huge thing AMI prof.
| table thing--shares 500 each, and interest i'll
4 calcniable and guaranteed by thcGoscrnmcnt,
with maccareni and hantl-orgsrns MS Il basis OF
| credit. ''Baldi" appeals to American capital
lists, as his friends. American sylnpathes were
with him thro' many a period Of revolutionary
peril and her good wishes always accompanied
him through the throcs of political mutations
He wants her to back him again and take q
reasonable amount of s'stock'' in him, in the
new and untried role of general business man.
He alludcs in imprisoned Tuscan to the imper
isllable renown and classic glory of his native
peninsula, and this, i'll our estimation, will
prove an effective and resistless argument to
the class to whom it is addressed, and make the
demand for ''Garislaldi Tiber Bonds,' one I'M
heard of ana unparalleled in the history O.
stock jobbing.
Our American capitalist is always man Of
vast historic eradition and of the kecnest poet
ic and esthetc sensibiities. To know that thu
great sewer of classic seven-hiled Rome is tt
be repaired, and with his money-that his in
terests are hereafter to be identified with tn,
imperial city. and that he has sort of proprie
tary claim on the Tarpean rock. the venerable
Coliseum and the baths of Caracalla will rails,
him to dizzy altitude of personal grandeu
and make him tread the soil of this matter O
= fact country like a man i'll whose veins flowed
the blood of battalion of Julius C:eSars. Me,
of courser mould, but Of historical attachments
will reflect that it may prove ''big thing t.
erect 4 bridge there over its murky tide. The
know That Horatius and Lars Iorsena KEEP
bridge there once, and all animated time the,
Ind Of it. Applications for transit were fire
quent and tolls heavy. and its subsequent de
structon, as reported by Macauley, has lef
open an opportunity for the establishment OF
gigantic monopoly-one that will pay The,
will ''see money III it, and reach for the sub
, scription list whitman energy and spirit that Wi
: recall the golden days of safe speculation an
throw Our lesser enterprises of canal and raj
road, of unpoeric coal-beds and subterfaneot
iron deposits, into the shade of perfect insignia
canoe. Antiqumrians will come in OH the sid
7 OF the corporation and its solicitors and tel
OF the immense and profitable yield from we
perfected system Of ''dredging," and the inca1
cnlable treasures that would be exhume
;. from the mud of centuries. Jcwe-r mme
cups and diamond. encrusted flaaons; helmet
ablaze with the spleador of precious stones, an
Swords with golden hits and scabbards of silver
4 would be fisied up and carted off as uncos
cernettfy as oysters are evolved from the bed q
York River, or oyster cans and dead cats from
the greasy flood of our own Lewis Creek
Bones OF the followers of COOL cmprrors and ba
emperors, alike, would be brought to light 0
s,me sturdy Roman, who maybe had brave,
the frown OF Calgnla, or who had been presen
and cried ''perlice!'' when Brutus pancture;
the ambitious Julius, would dangle rs u watcl
j, charm from the rotund trout of his America,
>. owner.
II sEverything 'censpires to make this last i1e
II OF thesiairioas repUsta;o,fist one acceptable Il
'''e P'''1tie" fAhiefi;Il Oh BG-ttay. The com
bflee attractions of historical association AM
peoaniary proft-of the qualification Of archmo
logical tastes and desire for successful invest
melt, Will prove toe aluring, and we conf
IDENTIFY anticipate, as the legitimate result. :;
sort of national monomona on the subject q
'"Ifber bonds" Certain Localities NAV escaI
1.-THE general Infection Capitalists q otlr cit,
: may. in the dogmatic assertion of a restricted
and narrow policy say that oyr great works O
, Improvement should begin at home-that W
have glorious little city here, one that cal
boast ofsnsore. hills than any wen, and a cbt,p
lie OF Iibars that RON AS tnurki!y and smell
, equally as badly as the ctoaca marina of an
cient and imperial a.rmas i. rt lis dredge them
organize Joint stookrconspany @keep YOU
money at home and btrili up home e,lterpri
SIS" and by other such stafe tatd s.clet yee
maximS, strive to disnfect our titlanciS4htmos
phere Of this Italian miasma, and d. Garihala
out of Our contemplated contribution to tb,
capital stock-but it will prove unsuccessful
There is profound and growing distrust ami
aversion rtc, anything iii the shape OF home Sc
e,isities, aitdswe hazard the prediction that err
many months, Baldi's scrip will be as plentiful
III the market arid as,popular a circulating me
dum as OLE zcity paper, and many portl,