davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1876-01-18
BUSINESS AFFAIRS.
VIEWS OF BOSTON BANKERS.

HE BANNING BUSINESS FAIRLY RrMUNERATIVE-
TIE GENERAL PROSPECT Observation-Disclosures
BUSINESS rEiNCGrLEs PREVAILING.
BOsToS, Jan. Tn an interview with re-
porter Of lie DS.. Herald latest. broker said tio
prospect for making money In legitimate banking bust
nc. Is as good ~ ever and that tc loans of the Boston
banks arc very large and do Indicate very great
uoyerty OF commercial and Industrial transact ons
Many Of our CUSTOMERS" the bsUker continued, are
,uaaed in the boot ana shoe business. Gni roin
ahead w.h their industry very hopc'u! OF a coming
season OF prosperity think the various sections ~ thc
South ard Test o-iay in tier condition tan tie
East The farmers u tcso SECTIONS will convert their
crops into money anI buy manufactures When these
crops are large and have been conycci INTO money The
fnIicf- are Usually free In Hp,nIug H. tbs le Iuy
counted upon hy the leather interest especially, mt"
which capitalists putting money aud IN other Ways
stimulating production ana looks as II they we're Only
leading M direction when IA TIE Only on" from W,n
yrcIn expect any immediate ana permanent EcIcl.
Another banker said " business dur ng the past year
has The ALulc been rcrnuuvfaYc, AMI II II were not
f,r failure. iu triu", would be quite pfohtnllr.
These faiiur f. hoWcv'r, though rt may nave .ouI.,
larg t. the puulir well distributed among mo
bans. a. 10 produce disastrous consequences some
of our banks have si red mere than others, tNunEh
lus-c, have seriously lnidhtd thcli sh
plus earnings ! dO not ihlnk W. are d'.hS 30 lNr-e "
business ~ We were 10 years ago, ami by 40 means -
uroufpble a hut more healthy nave never Known
a tnc in banking experience oI TIE last 90 !,'ls
when business wUs clusly done ~ 1t now - IL i
conducted Oh saicr pincpb ~ frsHiHs giving anu as
ing credit think the general Indebtedness o TIE couh
try has decreased very materially hhco thc o,'u!t'.
OF the pane Mcrchluts generally, never owen ~ hlc
L. they do now. There arc many signs oI encourage
mrnt Of the !. st being hat Nc nave got 10 4 cu
ton where can start forward ON SOUND BUSINESS
-ls
New-York tribune., 1876-01-18
LEGISLATIVE PROCEEDINGS.

DUEL EVENING IN TIE sENATE-A BILL 70 RI
PAVE FIFTH-AvF. N EEw-YoRK C1rY-PREyEN-
TIjN or CRUELTY TO ANIMALS DISCUSSED
PROGRESS on TIE NEW CAPITOL Bill.
SENATE. ALBANY, Jan. l., 1876
The Senate met at 1870 p. m, 16 Senators
present. Mr. BoorH reported ayorably the bll TO re-
peal the act of 1873 relative to the Gray Nuns.
Bills were introduced follows:
by Mr. CoLEMAS-To amend the laws relative to Police
Justices in Troy
Iy Mr. sCI.OOSMAKER-P Providing that any married
woman shall have the power To make contracts as
II unmarried.
Also u b providing that the places appointed in the
several counties holding tnc general and special
terms the Circuit Courts and Courts Of oyer and Ter
miner sha bo those designated by statute for holding
tie County or Circuit Court. neral and special
terms may he adjourned To be held any future day by
julics may Do drawn ami summoned for an ADJOURNED
court AMI may Dee noticed for trial IN tue same
such courts Hce Eeid 10y ORIGINAL appoint
u.cut.
~ Mr. WooDiN-ro amend the laws relative TO state
a--'ssD
Mr. RoRERrsOS presented the annual report OF the
mauagcis n iAe state iucbraie Asylum ~ Bingainon
Mr.. SELKEIG presented the claims Ot James CayduagA
~ BrcOk,n the scat now held by senator JACOB :
Taos claims presented III response 10 sohiuOn VI
senate
Adjourned.
New-York tribune., 1876-01-18
RANKEIpT EIRNll.

A statement showing the assets and habili-
ties oi Solomon L. simpson n Co.. Hporters AMI whole
sale dealers In wines and liquors Ut No. 81 South
Wlam-st., WHO failed u. ontly has been prepared hy
the Aun The as.,tS placed at $4,000, while the
abi ties are So 900 Tho assets, however are merely
nominal, and include u largo amount OF mining Stocks
which are almost worthless. Tho actual value "i Inc
us,cts II not known The I'm has made assignment
To Frederick Lewis.
The negotiations which have been In progress Tor
ut of the affairs Of GOOikuI brothers. wholesale
Iiquor dealers ~ 80 broadway, who failed on Nov
2G Will be finally settled to-day. The nrh has offered
tnc creditors per cent alI their property, CONSIST
ing of the Ncnhaden oil cstaD shnrt on Barren Indhi
and II, e houses in Harlem. Tho creditors ar uhWhUng
10 accent these terms, believing they can realize mory
thc nssilnec's sale The Liabilities amount To 9li',-
Sg3 !, and the dsscts S64,23E AZ. .
Fudriick L.wi- as asrgnci Of Isaac I. Meyer a 20,
imuortcfs 1T No. 800 roadway, no filcd lhst Oclo
ber has received powers OF attorney rom I0JIl' oI
the European creditors Of tho firm to accept ihc "r "I
"A cOmprOmi-c at = per cent. Tie unsecured IlDhu's
amount to nearly $3.50 900, end the aBses are stIhd'd
ut about so 900. Neatly all the creditors have ac-
copied the firms offer. 49,,
ia the County Clerks Office Yesterday August s9cchln
filed an assignment To Peter LcnCk, ana sOOLon kce l"
Solomon Marx.
New-York tribune., 1876-01-18

CANAL INVESTIGATION III GO ON'
LARGE POWERS FOR THE CANAL BOARD PROPOSED
CHANCE FOR THE LEGISLATURE TO MAKE A
REFORM RECoRD-A FURTHER INQUIRY INTO
Ex-AUDHoR THAyER's TRANSACTIONS.
lBY TELEGRAPH To TIE TRGBUskl
ALBANY, Jan. 17.--An opportunity will shortly be
presented to the members Of the Legislature to 90
squarely upon the record for against the contnu-
ance of the investigation of the canals. The bill is
in course of preparation, and will be presented
to the Legislature some time during the present
week, comforting upon the Canal Board the powers
which they possess in very slight degree, and
only in exceptional cases. of summoning witnesses
aud compelling their attendance The law will be
brief but will grant to the Board the power to send
for PERSONS and papers and authorize it, in case OF
refusal to appear answer, to appear by repre-
sentative before any Judge of the Su-
preme Court Judge OF the County
court, and ask the commitment Of the contumacious
witness for contempt 1t will be sought to give this
power permanently, and not for the temporary pur-
poses of an investigation. In tho informal discus
sion that has already been had on the subject among
the Republicans of the Legislature. considerable diff
ference Of opinion has been developed with refer
ence TO this proposed grant of power. Some hold
that tie Canal Board should not have this right in
permanencf, any more than any other body Of State
officers and others hold that it is one that is neces-
sary TO the maintenance of the dignity OF the Board
The Canal Investigating Commission will meet
during the week to consult upon their final report,
and upon several reports which have not yet been
made public Before closing up their final report To
the Governor and the Legislature they will take
further testimony in relation to the transactions of
Auditor Thayer, which will throw a still stronger
light on their character, and il is believed will
involve a State officer now IN office. Ii can be shown
that Auditor Thaycr obtained the appropriation
Of the money-w which he paid the certificates
which he had purchased, by series Of deliberate
Misrepresentation to every department of the Gov
eminent. IIc secured the passage Of the law by
representing to the members of the Legislature that
the money was necessary TO tic preservation of the
canal, without which it could not be kept in order
lie induced the Governor to sign it, calling upon
him with his brother, Adm 1haycr for that purpose
on the same ground, and gave the pledge, which the
Governor eXacted. that he would pay no improper
certificates. This money, instead of being used upon
new aud necessary work tho canals
was used to pay the old and fraudulent claims, of
which he had become the owner; and 1t is believed
that it can b. shown that he purchased some of them
at least on the very day which the bill became
Law. IL is not impossible that the Commission maygo
into branches of inquiry; hut it is not likely to do so
unless there be special need for this service
Messrs Bigcluw and Van Buren,. who are no" draw
iug salaries as State officers. viii Of course receive
no extra compensation.
New-York tribune., 1876-01-18
THE DISTRICT PAYMENTS.

OVER 100000 SPENT LAST SUMMER IN REPLACING
BAD wORK-DoUBTFUL LEGALITY OF SOME OF
TIE 1853 BoNDs-THE COMMISSIONERS BEFORE
THE HOUSE COMMITTEE.
lBY TELEGRAPH TO THE TRIBUSE1
WASHINGTON, Jan. 1.-THE Commissioners of the
District of Columbia spent an hour this morning
with the House Committee on District Affairs. he
object of the Committee in arranging the meeting
was to ascertain, if possible something in regard to
the nature and extent of the work done by direction
of the Commissioners during the past year. and also
70 get an explanation of the enormous increase Of
the bonded debt of the District during the same
period The Commissioners admitted that, in
many instances, they had transferred con-
tracts made by the late Board of Public
Works from one portion OF tho city to
another, and in other instances they had
extended contracts so as to make the cost OF their
execution far exceed the original estimates THIS,
they claim, was authorized by the act Of June 20,
1874 which empowered them TO complete the work
already under contract From 100000 TO $780,
600 has been spent during the past Summer and
Fall in taking up wooden pavements which were
entirely decayed, and replacing them with con-
cetes.
The contracts awarded by the late Board of Pub
lie Works for laying wooden pavements provided
that the contractors should keep them in repair for
three years. and that if they did not do it the
authorities of the District might perform the neces
sary work and charge it to the contractors their
bOndsmen. The Commissioners having given notice
TO many Of those who had laid wooden pavements
that their work needed repairing, and the contract
ors having paid no attention to such notice, the
Commissioners have taken up worthless wood
payements and replaced them with concrete, paying
for the new pavement with 1865 bonds.
The Chairman Of the Committee expressed
grave doubts IN regard to the legality
of these proceedings, and intimated that
steps would probably be taken to stop any further
work under the Commissioners until after a full in
yestigation of the manner i'll which the money al
ready used had been expended. bill providing for
such suspension of work was introduced in the
House this afternoon by Mc Randall, and viii prob
ably be passed at an early day.
The Committee on Appropriations will he gov
erned by the recommendations of the Committee Oh
District Affairs, in regard to making provision for
the payment Of the February interest on the 3.Gj
bonds The latter Committee is believed to be
averse to making such appropriation, and tho Com
missoners will. without doubt, be required to pay
that interest out of funds in their hands
New-York tribune., 1876-01-18

nance OF last year having been TO grant mileage by
this wording moro serious leak. which Controller
Robinson has stopped, In the bills Of officers OF
tho old House, who take charge OF the new
one until the new clerks have learned their
duties. The custom Of OF these, at
least has been TO divide their compensation named in
the previous Supply bill by 100 days and charge for
their services at that rate per day. In this one clerk
whose salary $1,000 made out a biz Of S240 for II
days work Controller Robinson has adopted the just
rule OF dividing the named in the Supply bill by
number OF days which the session actually continued
aud paying that rate In the OF the officers OF the
last House. this will effect reduction OF onchrd on
such claims az the one Just mentioned Altogether the
Controller bids fair to put end to abuses gcner
ally, large and small.
New-York tribune., 1876-01-18
WASHINGTON.
MR.. FISH UPON CUBA.

Az uoUR WITH THE FOREIGN AFFAIRS CoMMfIr'.s-'
NO OBJECTION TO PUBLISHING THE CUBAN |i"-
CULAR-PATIENCE WITH SPAIN ADVISED
Icy TELEGRAPH TO THE TRIBUNE.
WASHINGTON, JAN 17.-AnnOunccment is made on
excellent authority that our Government HAS d.
ready received from several European nations re-
plies 10 its circular note in regard TO affairs III Cupa
transmitted TO them early in December. These re-
niles are all said 10 be Of highly satisfactory char
octer Secretary Fish spent an hour this morning
with the House Committee on Foreign Affairs dis
cussine the relations between the United States and
Spain, and explaining to the Committee the present
status of the Cuban question. He In
formed the Committee that all late com
munications received from Madrid have been
of friendly character. No open questions
now exist that are likely to give us
any trouble in settlement, and Spain has evinced a
disposition to fulfill all her obligations to the United
States. At the same time the proyerbal sluggish
ness of the Spanish character in keeping promises
and the embarrassments of the Spanish Government
in having to deal with two revolutions, one at home
and one in Cuba, and the difficulty of enforcing her
DEGREES when they are distasteful to the Spanish
Club IN Havana make it necessary that any Govern-
ment should exercise great degree OF patience.
Mr. Fish informed the Committee that no reason
exists why the late correspondence between the
two Governments in regard to Cuban affairs should
not be made pubic, and he assured them that It
would be sent to Congress at once if called FOR by
resolution. Such resolution passed Just before
adjournment this afternoon.
New-York tribune., 1876-01-18

ing laws, and without the power to change these
laws it would be impossible to accomplish much in
the way of economy. The Republicans held that the
changes proposed ought 10 be referred to tho
mitees specially charged with the consideration Of
matters pertaining to tho department in which re-
ductions are to be made; but the Democrat.
aware that if these measures of retrenchment are
sent TO the Senate in the form of separate bills, il
would be in the power Of that body to defeat them,
while if they went there part of the appropriation
bills the House would maintain complete control of
them. The amendment was finally adopted by
almost strict party vote.
New-York tribune., 1876-01-18
THE TREprGAR IRON WORKS CLOSE.

RICHMOND, Va, Jan. 17.-Gen. Joseph K.
Anderson, President OF the Tredegar Iron Company
which suspended to-day, makes bIoi statement to hc
effect Tat tine COMPANY. having lost largely by the
failure of other parties during The panic of 1873 ha"
been compelled In consequence OF those losses
and continued depression OF the iron trade, to
suspend payment II is hoped, however, that the
auspcnson viii be temporary. Before tue panic,
tho Company worth SlJOOoCO over lis Liabilities.
ter the panic, the (enpauy, owing to large amounts
due by the Chesapeake and ONO, ana NeW-lork ~ 20
and dland Railroads, became embarrassed ana were
tcd AN extension, the creditors being sSCufcd Dy
deeds Of uu- on The Company property il betI Ie!
tha cir Liabilities, secured by SAID deeds, VIII not
exceed 100000. Sax hundred operatives aIe thrown
ouf ~ uuIk
New-York tribune., 1876-01-18
DEAD LOCK on AMNESTY.

THE DEMOCRATS RESOLVED NOT TO GO on RECORD
on JEFFERSON DAvIs-MR. BLhNEs DEMON
sTRATION THAT THEY ARE IHE CAUSE OF DELAY.
IBr TELEGRAPH TO TIE TRIBtSEl
WASHINGTON, Jan. 17.-If Mr.. Blaine was the
author of the resolution introduced in the House to-
day, by Mr. White of Kentucky, to suspend the
rules in order to get separate votes upon tic Am
nesty bill and the Jefferson Davis amendment land
lie has the credit OF it, his failure to accomplish
that end is only another illustration Of the unccr
tainty of everything pertaining to the proceedings
of the popular branch of Congress. The contest
over the Amnesty bill no longer involves any prnci-
pie on either side if it ever did. Mr. Blaine has
made up his mind that the Democrats shall not pass
their bill until they allow the Republicans to have
vote on the Jefferson Davis amendment and the
Democrats arc equally determined that no such
record shall be made The Republicans on the one
hand, do not hope TO carry the amendment when
they secure vote upon it, do the Democrats. on
the other hand fear that Jefferson Davis viii be ex-
cluded.
The amendment to be adopted must have ma
jorty; bat as all the Democrats and few Republi-
cans will vote against it. Of course il Will be de-
feated The final result will, therefore. be the
An either case. If the Democrats would allow Mr.
Blaine TO make record, the next minute the bill
could be passed, probably without a division. JEFF
ferson Davis included. Mr. Blaine promised the Re-
pnbLicans who voted with him against their cOnvic-
tions on Friday, that he would aid thcm in getting
the subject up to-day, and in such a way 10
demonstrate that the real hitch On the Democratic
side of the House is their unwillingness to have
direct vote on the Jefferson Davis amendment. The
refusal Of the Democrats to-day to suspend the rules
In order that that vote might be taken demonstrates
that assertion, the Republicans think.
New-York tribune., 1876-01-18
IBr TBLR0RAPH TO THE TRIBUNE.


OF PUBLIC PARASITIC COST TO be BORNE by
TIE CIrY-TEXT OF THE BILL
IBr TELEGRAPH TO THE TRIBUNE
ALBANY, Jan. 17.-Mr. Forster of Westchester in
troduced bill in the Assembly tonight providing
for the rcpavement Of Fifth-aye., above Twenty
fourth-st., with Teford -McAdam pavement, the
work to lie done under direction of the Department
of Public Parks. The bill. which referred to the
Committee on Cities, in full is as follows:
SECTION |. Tho Department OF Public Parks OF the
City OF NewYOrk is hereby authorized and directed 70
cause FIfth-aVe. to be rrpaYed with TelfOrdMcAdam
pavement, the said Department may approve ana 10
the crosswalks to be reld where those now Laid
are, in the opinion OF the Department OF Public Parks,
good repair. not adapted to the proposed new
pavement, which work shall be- done by aui under the
direction OF the said Department Of Public Parks, and as
they shall deem eIpedien for the best interest Of the
City Of New-YOrk provided that the said work shall be
under contract, awarded u the highest bidder with
adcGua" security, required by law, unless inc Com
Council by thrcefOurths vote, order otherwise.
SIC ,. The cost of the improvement hereby directed
shall be borne b general assessment upon all the TAX
able property in said city and shall be included In the
estimate said Department or Public Parks snail DE-
appropriated by the Board of Estimate and ApportioI
nent certified by the Controller according TO law ana
inserted ana included Ia the annual tax levy ana raised
an collect by upon the csates subject to taxation
IN TIE City OF NeW-lO.k.
New-York tribune., 1876-01-18
Total Sil3,23T 4S

There large items In some OF these years whieh are
susceptible OF easy explanation The year 1868 was that
ot the canal which involved large counsel
fees and 1872 was the year OF the impeaehmens The
whole forms an instructive record Legislative waste
The Controller is giving great dissatisfaction to some
OF the employees of the Legislature He has decided that
uader Chapter Il3 OF the Laws OF 1875, which provides
that the officers named In the act shall receive mile
age that clerks Of committees shall not receive mileage
This WAS done after conference with tho two Clerks the
intention OF the Chairmcn Of Ways and Means and III
New-York tribune., 1876-01-18
6TRIkEd.

BRIDGEPoRT, Conn, Jan. 17.-Forty female
employees OF the Goodyear Rubber Glove Company at
Eaugatuck Conn, struck work to-day account of a
proposed reduction of ten per cent IN their wages.
PROVIDENCE, r. J., Jan. 1.-THE strike OF
the mill operatives continued without material change
few moro hands nj work to-day than Saturday
The proposed parade Of the operatives has been post
poncd until tomorrow.
New-York tribune., 1876-01-18
A PRELIMINARY STEP TO ECONOMY.
IRr TELEGRAPH TO rAs TRIBusr.l

TIE KEY TO 1HE SITUATION NOW MASlLlsED-A
EULE IN THE WAY or RETRENCBMENT PLANS
AMENDED.
iBr TELEGRAPH TO ThE TRIBUSg.l
WASHINGTON, Jan. 1.-THE proposed amendment
TO the 120th Rule in the House met with consider
able opposition from Republican members to-day.
Every one who spoke on the subject admitted that
some change of the rules is necessary In order to
make itimpossble hereafter for another Salary Grab
to be ingrafted on an appropriation bill but the
Republicans were UNANIMOUSLY opposed to confer
Eng upon the Committee on Appropriations. or upon
tie House in Committee of the Whole. the power TO
rovolutionize any department of the Government by
cutting down expenses already authorized by law.
The Democrats. who propose to make large reduc-
lions in the appropriation bills defended the amend
hient with considerable warmth. as upon its adop-
"on depends the success of many Of their plans of
fe'fenchment. Many Of the most extrayagant
expenditures Of the Government are based on exist
New-York tribune., 1876-01-18
TWENTY-FIVE CoLLIERrE9 RESUME.

PHILADELPHIA, Jan. 17.-The Philadelphia
and Reading Coal and lion Company to-day started
seven cOeres aud individual operators about eighteen
IL ia generally understood collie res will continue
work until about the 10th of February and then stop
ac n until tie opening Of nayign Ou Before they stop
however another meeting OF the Coal Exchange Will Dc
called w take definite action.
New-York tribune., 1876-01-18
FAILURfsa.

PORT JERvIs. N. Y, Jan. I'm. B. Mon
don dealer and John Eager groceryman, both
OF this village have failed. Their liabilities Lot
New-York tribune., 1876-01-18

COLUMBUS, Ohio, Jan. 1.-THE Daily Despatch was
tbday sold for $4,000 b. Myers Of Columbus Oho and
w. u. BIichen Of Pittsburgh Psnn
New-York tribune., 1876-01-18
NEW-YORK. TUESDAY, JANUARY 1s, 1876.

that all Biographical matter" he omitted I'D doins
this Mr. Morrison omitted eight distinct facts concerns
his e which should have been allowed 10 remain, anu
among them the entire OF his military record
The OF the Joint committee excludes the nchon VI
offices not public Mr.. Morrison did not consider Ihe
holding of commission I'm tho army to a public office
and the reforo omitted mention of that also.
New-York tribune., 1876-01-18
GEN. JEWELL,s ECONOMY.

and therefore omitted mention Of that also.
GEN. JEWELS ECONOMY
Postmastereneral lowell SAYS he knows OF no way
which tho expenses OF his Department can he reduce"
but that he Is perfectly willing that the Democfac Ap
propratOns Committee may look into the facts as closely
as possible "Of Ou1 thing said Mr.. Jewell, they may
rest assured, and that Is that shall not spend more
money than they give have made my estimates Oh
what think the postal service will require for the next
year II Congress gives me the money well and goou
not, why shall got along the best can on what ee''
and II the service for want Of adequate appropriations
not satisfactory the country IL will not no my 1at'
1t has been SAID" continued Mr Jewell, that my F!f
TEN OF fast mail trains IN not worth what II cosss
shows how little people know OF snch things le Iuci
mails do not cost more than SLOW ohus
The Department pays 81 much per hundred POUNDS .,
ton for carving The mails. The transportation costs us
as much when the trains run % miles an hour as WIN
they run -. In additional postal cars are
necessary, and few additional cierks but nav ~
carefully into the figures and the total expense OF run
ming all the fast trains in the country over the oteI - y
TEN il not over $4,000 year, and the bonehis arc
already incalculable." Mr.. Jewell says he shah n"t
write an official letter to the Appropriations ConmlIee,
that he stands ready to join with them III Ay eo'
at economy.
New-York tribune., 1876-01-18
FIFTH-AvE. PAVEMENT BILL.

THE WORK TO TIE DONE UNDER THE DEPARTMENT
OF PUBLIC PARKs-THE COST TO BE BORNE by
TIE CITY-TEXT OF THE BILL.