davidaulloa/AmericanStories huggingface dataset:
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

FRAUDs.-The secretary of state of North
Carolina, w. III. Howerton, is charged with
frauds in stationery bills. He presented
these 10 the state auditor, who refused TO pa Y
tire full amount and scaled them down. Oae
bill of -, 500 was reduced TO 81 800, and others
In like proportion. HowertOn is reported TO
have left the state, and no steps as. yet have
been ia ken 10 bring him to Justice.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

GEN. SCHENCK, who arrived In New York
Saturday on board of the Abyssinia, took
remained in his room during the evening.
He received many visits from personal
friends. He declined TO say anything what
ever In regard to the causes OF resignation
and the action he intended to take respecting
the allegations against him. He is not likely
to leave for Washington till Tuesday.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

THE MEXICAN REYoLUTIoNISrS have
their pickets Within sight of Mstamoras
The people there favor DiaZ, and there are
irSqueIt insertions from the government
fO.ces, who are clamoring for their pay.
Great numbers of horses and cattle have
been sent TO the American side of the river
for protection.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

CRUELTY OF THIRD WIFE-A man by
the name OF Alfred GIvens was struck in the
back part of the head by hammer i'm the
hands of his third wife, at Gosport, Ind,
Wednesday morning, because he would not
build a fire for her 10 get breakfast with. He
will recover.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

THE FUNERAL OF Mrs Carl Schurz took
place yesterday. in New York, from the resi-
dence of her husband. The services, which
were very largely attended, were conducted
by Rev. o. B. Frothiugham. The remains
were inferred I'm Woodlawn.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

THE NAVAL INVESTIGATING COMMITTEE
into the affairs OF the navy-yard at Ports
mouth, ~. H, closed its labors Saturday
evening after three days session. So far a.
known nothing damaging has been brought
ont.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

Gov. AMEs, OF Miss, Will make no ap
pointment to I'LL the vacancy created by the
resignation of Lieut.. Governor Davis, as the
appointment would raise legal dispute and
cOmplicate the situation.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

ACCUSED OF ABDUCTIoN.-Roandsm
John ". Green of the Library Hall police
station, Jersey City. was arrested last FRI
day on a charge of abducting Margaret Flet-
cher, a pretty girl OF fifteen.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

convicts who killed the warden of the Utah
peniteDtiary and escaped q few days ago,
was shot by Sheriff Halliday, OF santa Quin,
Utah, Saturday evening. Two prisoners
who escaped are still at large.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

THE PRocLAMATIoS OF PEACE in The
Spanish peninsula was celebrated BY Span
ish residents OF New York city with ban
quet, Saturday evening. al Delmoaico's, al
which the Spanish mipister presided.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

THE DEPARTURE OF WISsLow for the
United States is still unsettled as 10 the
time The detective officer who is in charge
of the matter has received a letter from Bas-
ton which throws upon him the responsible
ty of bringing Winslow's family with him.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20
wORsTED COATS AND VESTS.
BUSINESS SUITS.
YOUTHS SUITS.

BOYS AND CHILDRENS SUITS, oVER-
COATS AND ULSrERS st 9 great reduction
OF former prices.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

VEsUvIUs ON THE FIz.-The long expect
ed eruption of Nesuvius commenced on Fri
day night, and the lava is flowing towards
Pompeii.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

~nPendletop bad only been a republi-
can, bow the scholarly editor OF the World
and the weird and beautifnlssE. r. y - would
have gone FOR him.-lN y Herald
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

TEE STEl NGFIEl ID REGATTA.-The Nsla
and He rvaTc C8rsmCu have haTmOnlZed their
differences REGARDING their proposed eight
Dared fOur-ml.e contest, aid IL is settled that
IL shall take place on the river oppOSits
Springfield Mas, Friday, June So The
crews may D. selected from the bona nde
members OF al the schools OF each univer-
sity, excluding only eradus ties OF other col
legeS. The rules under which the race Will
he rowed differ in TO important respect from
those which have governed the college re-
gatta for The past two seasons. They giya
the umpire. WHO is yet 20 be chosen, absoluta
control OF the race require each boat TO keen
It's OWL water, forbid fouls, &c. Yale would
have preferred New London and a later date.
and would have confined the crews to thu
academic or undergraduate departments.
Harvard would have aSsented 20 a later data
with Saratoga for the place, and wanted II
chance TO pics her crew from all the depart-
ments OF the University, not excluding grad-
uates Of other colleges who may be pursuing
special studies In the law or medical schools.
". y. Tunes, 1Sh.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

BEING DETERMINED 10 REDUCE
STOCK, TO MAKE ROOM FOR SPRIsG
GOODS, PURCHASERS WILL FIND II TO
ThEIk ADVANTAGE TO CALL.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

REPUBLICAN, GAINS IN NEW JERSEY
The Newark Advertiser says that the town
elections in New Jersey, so far as held show
republican gains. In Burlington, the free
folders, now democratic by one, will be re-
publican by three. Ocean county, now a
tie will he republican by two. In Monmouth
county the board stands eleven democrats 10
four Tepublicans-a republican gain of one
in Middletown. Col. Austin II. Patterson
was beaten by Mr.. w. T. Little-the result OF
the contest in Monmouth county against
the Patterson family. John c. Patterson,
sr., for assessor, was defeated, after having
held the office for about fifty years. In Mid
oleSex county the board will probably be
democratic-the republicans having given
the democracy members in several OF their
towns, favor that the democrats seldom
return.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

A SUICIDES JUMP.-Harry j. Rice. a
boarder at the Wyoming hotel, PhiladeI-
phia, committed suicide yesterday morolnp
by jumping from the third story OF that hotel
while laboring under temporary INSANITY.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

THE ENTRIES for the two mile and repeat
race at San Francisco. for 5000, TO come OFF
next Saturday, are Golden Gate, Foster.
Revenue, jr., Chance, and Hockhockine.
Foster is the favorite, Hockhocking second,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

WE ABE RECEIVING DAILY FROM OUR
w Factory, IA Baltimore. fresh supplies Of those
ELEGANT -15z CENT UbFINIcdED, and
EINISbED SHIRTS. made OF the Best Wausnttl
N u-lin ard TwebtY-oDe PunCrsd LiBen. AZ the
BRAGCh BABTIMORE SHIFT FACTORY, Mo,
J. W DARE, Manager
EINEST DBESS SHIFTS MADE To ORDER
Of the best mst 3rii and in the most eieyaIt
manner for % -. ~ the BRANCH BALTIMORE
sBIET FACTORY, 1919 street
ularlS-tT j. ". BARE. Manager
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20
The Markets.

BALI MORE, March 2l.-frginia &c, old, 81. do
COTS hoated, g.. West Va, y; North CarOiaa q,
old, 10, CO., ntw. > do. special tax, bad TO duV
susaT ectiye And firm, - salOts.
bALTIMoks, March A.-OOttOn quiet has sha,e
hrmer-mlodliDs lz1ssH :. Flour strong and az Ite-
Howard street and western super, 15as 81. do eE-
ira 425a4 70; 90 family, 50a7 go City Mills 80 PER
t2s4 90. do. extra. s,0a6sO do k,O brAnde, OOa
1,2S; do. fHmily 70. Wheat quiet but nrm- NO 2
western red Gal as PeBnsy iysEis red, 4Cal A..
Maryland red, 30Al g. smber, SAL 50, do. white,
I 40alC1 Corn-southern sready, western q fTner
and higher, southern hite 52sss do yeli0w, h5as9:
western mi1td, 6lh SPOT; Oats steAdy-southern.
42S52 western white, 4,ss2; DO mixed, f3af5 Rye
no nina ly 7serJ. Hay duil-Maryland aud Penn
lvaDis, Is c0e24 90. Provisions steady firm.
but quiet. Pork. % CO. Bulk mea's-sh pulders, 81
Pc clear RIB sides. ~ sl2H lose packed % AZ.
BacOn-Ebouders, lCsGUl4 clear rib uiaes. ls al35
Hams, Balo. Lard hrm-cruce, IS : ats e.; reaned,
l4alsiz Butter ArfiNe aud nrm-w-stern Ex 'ra-. 50
s32; do hrsts, q s29 Petroleum ui.t and steady-
crude, s5s; refined. ia. Coffee qGist BAT urn
bio cargOss, ma ass JJbbing, IsaEsIlis WHISKY
dull, %.
NEW YoAK, March ~ Stocks dun aud STEADY
Money, 4. Colo, la Exchange, long. a., 1Ort,
4stA. Governments active-S iittle better.
NV YORK, MsrCh G.-El0ur q ia de frmsr,
W heat loent beiifr. Corn half ceut hettNs.
ONION, March 90 y - 2. N U. q. b Is. Ss5's,
OLD, lO.s fves, 405 Erie, Is; do Ir=ferre p.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20
A. STRAUS,

IoII PENNSYLVANIA AvLHUE,
febII-tr Bstweeu le;h and IJth sfr.,s,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20
BIG FIRE IN CHARLESTON.
Hundreds Of Homeless People.

Negro Thieves at Work.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

THE SPECIE RESUMPTION BILL-At
quarter before two O'Clock this afternoon,
Mr.. Atkins, of Tennessee, presented a reso-
luton in the House which in effect repealed
the third section Of the specie resumption
act. Mr.. Holman called for a yea and nay
vote, which resulted in yeas 100, nays l0S-
not sufficient two-thiTds TO adopt the reso-
linton.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

RICHARD II. DANA, JR., after asking To be
heard by the Senate Committee on Foreign
Relations, has mounted his high stepping
Harvard horse, and published letter in BOs,
ton which, had plebeian written IL. would
have been styled impairment He evidently
wishes to be made q martyr Of, and he will
be sratlfied. Dana is an accomplished, high
toned gentleman, but he lacks common
sense, and Ben Butler is too much for him.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

CENTENNIAL EcoSO1Y.-The Appropria-
alton Committee this morning agreed %
decline 10 recommend any further appropr.-
alton for the Centennial Exposition at Phil
adelphia.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

THE "SMALL PON' GALLERY.-Hereto-
fore the north gallery of the House OF Repre-
sentatives, generally known as the "small
pox gallery" has begun TO fill up by half past
ten o'clock, and was generally filled long
before The meeting of the House at noon.
since the agitation OF the subject of ventila-
ton the DOOrkeepeT has ordered the doors to
of The ChapIain'e prayer. Tie result to day
was decidedly diminished audience in that
portion of the gallery, and a much better air
at the opening OF the days session. Quite a
large number of the regular loungers who
came early and failed 10 gain Ambulance
retired in disgust and sought other quarters
where they could while away the time.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

NOMINATIONS BY THE PREsIDENT.-The
President sent the following nominations to
the Senate day: John NJ. Coghlan, OF CAL
ifOrnia, TO be chief justice of Utah territory;
Joel ID. Harvey, to be collector Of Internal
revenue, let district OF Illinois; VIM. III Doc
little, Of Minnesota, to be assistant COMMITS
SiOner of patents; Frank Welsh, OF Ne
1r3s ka, 10 be register Of the land office at
Norfolk, Nebraska; James Stott, OF Ne
bIaSka, to be receiver of public moneys at
Niuhrara, Nebraska; Philip Arnholt, OF
Missouri, 10 be pension agent at st. Joseph,
Missouri. POstmasters.-AmOS W. Page at
Chicopee Falls, Massachusetts; Leverett VI
Hubbard, at Wsllingfori, Connecticut: ]
y. Udell, at CenteTville, Iowa.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

COVERS MINT CoSTRACrs FOR PRINTING
PAPE The joint Committee on Public
Printing to-day made awards OF contracts
for IdiT ting paper o. The PROPOSALS issued
March last 1he t0DtfscJs for supplying
"a COO reams OF tue printing paper, 'uncalen-
dered measuring - nv = inches, and weigh.
TX IS DCunCS 10 10 TeGm Of 800 sheets were
awarded TO w. W. Harding, John A. Shober
nd JeSsup a Moore, at from 9 To 9.2s cents
p pound. Contracts for calendered printing
taper were awarded 10 w. II. Parsons
& Bro, W. W. Harding. Dobler, Nudge
q Char msn and 5. ID. Warren & Co, at
tom 10 TO II cents per pound. and the con-
tIsct for map paper to w. w. Harding at
- 50 cents per pound. The contracts for
writing paper were awarded 10 Woolcoorth
y Graham. j. 4 r. Kingsland, II. V. Butler
= & Co al q Jessup & Moore, at from Is IS to
10 cents per pound. The contracts for col
oTed writing papeIlwere awarded to the Sey-
mour Paper company and Jessup {. Moore,
al from - to 10 per pound. The contracts
foI Post officeiblanks were awarded ito Dob
Ter. Nudge & Chapman and Jessup d Moore
Al from 10 s. 10 10 9s cents per pound, and the
contract for sized and caiendered printing
pspCrs TO W. w. Harding at 1L2 cents per
pouud. The prices paid this year are about
cent less per pound than last year.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1876-03-20

ANOTHER ISvEsTIGAToR-A communi-
cation has been received by the president
from Mrs. L. G.. WATSON, Atlanta. Ga, al
legiDg that the convicts in the Georgia penl-
tertiary are let out to contractors who beat
them brutality, lashing till the blood comes,
and sieIVe them, so that several have died
under the ordeal. She says that she makes
this communication at great peril to herself
The attorney general sent the letter to Sena-
tor Clay ton, saying ait affects United States
prisoners" The committee on the judiciary
will investigate the subject.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21

|. NEW ORLEANS, April 20.-A Galveston
special from Brownsville, Goth, to the
Galveston Nets says Diaz Is busily or
ganizing his forces in Matamoras, His
partisans say it is preparatory to = march
on Monterey, but from the fact that be
Is remaining the forts around Matamoraa
it is doubtful about his advance. Moth.
ing new therefore at Matamoras. A few
boxes Of arms crossed the river few
days ago for private parties at Matamo.
raS, but the Collector Of this port gave
ordara that no-.s...s.-sl.Sssltt-t be crossed
while the city is in the hands Of the rev
olutionists without direct authority from
the Secretary OF War.
kilograms have been received here
ordering General Potter, the present
commander on this line, to duty in Ken
tucky, and it Is reported that he will be
relieved by General Devin.
General Labarra Is still here with his
family awaiting the approach Of the
Mexican Federal forces. He seems con-
fident that Matamoras will soon be in the
hands Of the Government forces. All
the Mexican officers here assert that
Matamoras was only lost through the
treachery OF General Toledo.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21

CINCINNATI; April 2O.-Returns from
81 points in Ohio as to the condition Of
the crops, published in the CommereiGl
this morning, indicate that the peaches
are totally destroyed or badly injured.
As to other fruits, Is points report indi.
cations Of good crops; 81, fair; q, badly
injured. Wheat, "a report good crops;
Ii, fair; %, badly injured. Reports from
SO points in Indiana indicate that the
peaches are badly injured; other fruits,
q, good; l2, fair; II, badly injured.
Wheat, 10 good; Is, fair; 25, badly in
jured.
CHICAGO, April 2O.-The Lnter.O .Oxan
publishes reports from some 200 points
In Illinois, Indiana, Michigan, Ohio and
Pennsylvania, where the bulk OF the win
ter wheat il grown, showing the present
condition OF the growing crops OF winter
wheat and fruit. Illinois promisos we'll.
In few counties the wheat threatens TO
prove failure, but by far the majority
Of the reports are encouraging. Peaches
we're injured by the cold spell during
March, but apples and nearly all yarie-
ties Of small fruit look we'll and promise
an abundant yield. Michigan and Penn
sylvania report excellent prospects for
all kinds Of crops. Michigan expects a
plentiful yield Of everything. In Indi.
ana the winter and spring have proved
unfavorable for winter wheat and peaches,
but apples and small fruits appear to be
thriving. Reports from Ohio are to the
effect that wheat is badly damaged except
in well.drained bottom lands, and re-
duced yield of all kinds OF fruit is ex-
nected.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21

From St. Patrick. plper-ths Mouud,vllls Ma
tIoHAl.
The improvements going on in the var
iOus neighborhoods are deserving Of note.
We have really got all the vim and push
Of Western city, and are growing with
similar rapidly. Since our residence
here, we have seen changes aud things
transpire that are wonderful to think
over. The ups and downs, the rises and
falls in the world the curiositiss Of crime,
the gamblers den and the whoremonger's
hovel, the prineely living Of the acsh and
the scanty fare Of the strapped; In fine, it
would take long space 70 portray and
delineate the manifold sunsides and
shadows that our eyes have passed
through. Wheeling Is now one Of the
tirst cities 9th eo1ntry, and we venture
to say the next ten years will place her
the peer OF Chicago in energy and ma
itonal reputation,
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21

The colored people Of Richmond
Va, and Manchester, together with large
number from Petersburg, to-day celebrat'
ed their emancipation and the adoption
Of the 14th and 18th amendments, by Q
parade OF military and civic organiza
tons.
Providence, April 2O.-It is announc.
ed that the Balton Manufacturing Co.
whose large corporation mills are Al
WoOusocket, Z. L, has made an asngn'
ment.
Jas. E Toner, member Of the Suf.
folk, Mass. bar was sentenced 10 the State
prison for ive years, having been con.
victed Of black mailing.
The Leinston, Maine, Savings bank
suspended, owing to . prosr4eted run
It expects eventually to pay in full.
Fifteen pilgrims were drowned yes
terday while crussinE the river Vienna
near Parsiac.
Queen Victoria left Cobourg or
Thursday for England.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21
The Floods.

QUINCY, ILL.,, April l0.-Reports from
the broken levee are more favorable, and
it is now believed that a large portion ol
the bottom will not be reached by the
overflow. There are four breaks in the
embankment, the worst being three
miles above Hannibal. ln the county
south OF Hannibal the greater damage
has been done, houses and barns have
been washed away and farms swept clean
Of everything. The reports Of loss Of
life by the overflow ia contradicted. Sew
eral families who did not move when the
warning was given were caught by the
water but were taken out in skiif.
The water Is reported falling there to-
day. The river tell y inches here to-day,
The bottoms above the city as far as
Wards are oyerdowed and it is believed
a large quantity OF stock has been
drowned.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21

QUINCY, Las, April 2D.-rhe water in
the Sny leyee bUttom rt'se rapidly yester-
day, aud 1t noon to-day the water e1.
tended from the river to tho bluff at
many points between Hannibal aud Lou
i,iana, Mo. At2 o'clock the rise At Rock.
port where the Sny levee strikes the
bluff, was over l2 inches. Many houses
that stood high aud dry this morning
were surrounded in the AFTERNOON,
and the occupants were taken out III
skIfs. The wafer is reported 10 be still
riaing and it Is now feared that the en.
tire country, from the river To the Lii.
nois bluffs, the distance ranging from
three to seven miles, will be inundated.
The farming country between RUckpOrt
and Louisiana for miles east OF Louisiana
Is from Two to ten tset under water aud
many acres Of wheat are ruined. About
one mile Of track Of the Chicago, Burling
ton q Quincy Railroad is under water.
The river Ia falling but 1t isieafed it WIN
be several days bui--ss - uecIfns occurs IN
me 0YhftioWed district
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21
Fraud aud Encouragement.

San FRAEcnco, April 20!-The caroni.
eie continues the publication Of charges Of
fraud and mismanagement on Mare
Island. It now alleges that each years
crop OF grain harvested on the Island
more than sufficient for the wants Of the
esiablishment, Is appropriated as pin
money BY the officers Of the yard and the
grain required for use there is purchased
10 the market; also that the expensive
white aud live oak and teak ship timber
brought from the east At a heavy cost
have been used for FIRE wood and allowed
to lay about the yard unprotected from
the weather and rotting, involving a loss
TO the government Of half million dol.
lars,
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21

LOUISVILLE, April 2O.-A Courier. Jour.
nalreported visited Col. G. G. Whorton,
United States District Attorney, and
called his attention to the testimony oi
J. W. Barley, before the Committee on
Expenditures in the Department Of JUS
nce, as published in numerous papers
The statement Of BARLEY was that s. T,
Suit had paid Mr.. Bristow large sum Of
money after the Secretary has resigned
his position as District Attorney Of Louis
vile, 10 procure the release Of certain dis.
tilleries belonging to Suit, and seized
while Bristow was District Attorney.
Col. Whorton said that no distilleriea
were seized while Bristow was District
Attorney, and he (Whorton) was Assist.
ant Atttrney; that no distilleries' Of
Suit had been seized since Bristow resign
ed; that on careful examination Of the
records Of the court he finds no case
against either distilleries or whiskies in
which Suit was claimant or had an at.
torneY
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21

CHICAGO, April 20.-The workers in
the stone quafries at Lemont, ILL.,, who
have been working during the winter at
one dollar per day, with the promise Of
an increase in wages later in the season,
inaugurated a strike on Monday, which
grew in proportions until yesterday,
when 600 had Joined in the strike, and
several policemen were sent down to
quell any riot which might occur. These
officers arrested Eve men who were incit-
ing disturbance and brought them to
Chicago. They were arraigned to-day in
o Justice Court, and their cases con-
tinued under $500 bail until Saturday.
A telegram received here to-day from
Lemont says that all Is quiet there now.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1876-04-21

THE S.subenville Ga:etis thinks that
the rate that contraction OF the cur
iency is now going on by the National
Bank. is having depressing effect on
tie price Of wool this season. Buyers
are looking ahead and discounLiug the
future. It is believed by some bankers
mat the total amount OF bank circula-
ion will be reduced to SlOO,OCOOO0 in
the next two years. This theory is based
On the belief that the banks are afraid
.; specie resumption. We think, how
ever, that This A.4 nc. much weight at
present and that the real cause Of the
movement to surrender circulation il the
desire to sell their bonds at the present
high prices. They understand, that, when
business does revive, il will create COM
uercial demand for money and that this
will cause Withdrawals Of private capital
from bonds and thus cause decline in
their prices. The banks are trying to
avoid this loss by selling their bonds now.
But eventually there must also come an
other turn in this movement, viz F.:
When bonds get low the banks will buy
aud deposit them again for circulation.
This will swell the tide of currency after
the revival Of business has been fully
established.