Martinsburg independent. [volume] (Martinsburg, W. Va.) 1875-1900, 1875-08-28
THE NEWS.

SptCtii LII lIdld inOIlCJ
England once had a "rag money!
party, to whom Macaulay refers to
in his history as being a small and
select company of incorrigible fools"
Another leading Democrat of Ohio,
General Durbin Ward, has made a
speech and comes out boldly in oppo-
sition to the "Wild-Cat" policy of
imitation.
President Grant having shaved off.
his beard and cut his hair, the Buff
alo E'rpress is inclined to regard it as
"another stealthy step towards Gees
arism.n
George Haines has been arrested
at Richmond, Virginia, charged with
stealing and selling quantity of
goods belonging to his former en-
ployer, S. III. Brown, of West Viz
ginia.
The Hon. William S. Groesbeck, of
Ohio, doesn't care for any rag money
in his, and positively refuses to take
part in the Ohio campaign. That
"wild cat platform is not growing
in favor so much of late.
The Richmond Dispatch has been
interviewing the business men of
Virginia, and its conclusion is that
the sentiments of the community
may be fairly regarded as anti-in-
fation.n
Those are curious reports about de-
structlve frosts in the Northwest.
There has been so much wild specu-
lation i'm grain in that quarter that
we must take these reports with a
great deal of allowance.
JUDGE KELLEY keeps the infIa-
tion ball rolling. Hehas been invited
and has agreed to deliver another ad-
dress on the rag baby business, in
Cincinnati, ON the 7th or Sth of Sep
TENDER.
HAVING settled their disputes and
healed up all sores, the presidents of
the leading railroad companies have
been putting their heads fraternally
together, and the result has been an
advance to pretty nearly the old fig
ures for passenger fares. Birds in
their little nests agree, ETC."
Senator Mcdonald, in his first
speech in the Ohio canvass, read his
financial opinions from his speech of
year ago. He did not believe in
violent contraction" did believe
in a specie basis but thought we
had better wait until we grew nat
urally out of our abnormal condi-
ton, and a paper dollar should be-
come equal to gold dollar.
The Kansas City, (Mo) Times has
information of the killing of Colonel
Wheeler, a wealthy Texas cattle
dealer, by cattle thieves. The thieves
ran off some four hundred or five
hundred of his cattle in Texas and
he, with four herders started in pur-
suit, hoping to get reinforcements,
but came upon the thieves before OBJ
tanning assistance, and in fight was
killed while the others were getting
away.
The New Bedford Standard peril
nently suggests that those who pin
their faith on rag money have CEN
tennial celebration of its benificent
operation nearly 100 years ago. In
1880, the first precinct of Dartmouth,
which embraced the present city of
New Bedford, and much besides,
voted to raise 10000 to defray the
expenses of the precinct for year,
and this munificent sum, when re-
duced to silver or an actual standard
of value, "realiZed " three hundred
dollars. Money was plenty then,
hut q
A bottle has been picked up on the
shore of Lake Michigan containing
what purports to be a message from
Donaldson, written on the evening
of the fatal ascension, with his sad
fate impending. The paper may be
authentic, but the probabilities are
that it is a hoax The question can
be settled if it is inspected by some
one familiar with Donaldson's writ
ing. The following is the note said
to have been found in the bottle:
"Over Lake Michigan at p. NJ. Of
| the evening Of starting, about thirty
miles from Chicago, about 5000 feet
| high; a gale coming from the North
east balloon is getting out of order:
gas tSct'liIS looO Ndll lNhidil W.
much longer; will surely land in the
Lake; fearful storm.
(Signed) DoNALpsON.'
AN encouraging sign OF the times
is shown by the official statement OF
the savings banks Of New York for
the six months ending June 30th,
and now first published. 1t demon
strates not only that these institu-
tons are in IA sound condition, hold
ing twenty million more assets than
they owe, but what is Of equal i'm
portance, the gain in deposits in the
last six months since January LIST is
over twelve millions Of dollars, and
the increase in the number OF depos-
itors is thirty-siX thousand. This
| last featnre is especiallY gratifying.