davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01
The Dead Halt I'm Refunding the
National Debt.

National Debt.
Since last November no progress has been
made in refunding the public debt at a lower
rate of interest, and the government con-
tinues to pay the enormous rate Of six per
cent on about seven hundred million dollars
at time when there is such general glut
of the money market that private capitalists
think themselves fortunate if they can make
safe permanent investments which will yield
them above four per cent Government
bonds have the great advantage over other
forms of property of entire exemption from
State and municipal taxation, and it is q
signal proof of mismanagement that the
government, whose credit is better than that
of any citizen or corporation, pays six per
cent on its obligations when money is
lent to private borrowers at lower rates.
The blame rests upon the present Congress,
which is so busy with sham proposals of
economy for electioneering effect that it
neglects On opportunity to make on impor-
tant reduction of the public expenses. If the
seven hundred million dollars of six per cent
bonds were refunded in four and one-half
per cent bonds there would be an annual
saving of ten million five hundred thousand
dollars--a sum equal to the whole an
nual expenditures of the government little
more than half q century ago md two hun
dred and ten times the present doubled
salary of the President of the United States.
The Treasury suffers this great loss by the
sheer neglect Of Congress to do its duty. If
it is worth while to save a few paltry thou
sands in the expenses of West Point and dip
lomatic salaries what excuse can there be for
neglecting to make proper provision for the
reduction of interest on the public debt?
The law of 1870, as amended in 1871, au-
thorized the Secretary of the Treasury to
sell five hundred million dollars of five
per cent bonds and use the proceeds to pay
the same amount of skies to sell three hun
dred million dollars of four and half
per cent bonds, the proceeds to be applied
to the same purpose, and to issue four per
cent bonds to redeem one billion dollars
of the public debt, which would include the
ten-forty five per cents The first branch Of
this process of refunding has been accom-
plished, the last Of the authorized five per
cents having been disposed of before the
close of last autumn, making saving Of
five million dollars year in the interest
account of the government. BY the law of
1870 the new five per cent bonds
had only ten years to run before
becoming redeemable, and the four
and half per cents were made redeemable
after fifteen years. II is well known that
bonds of long date are preferred by investors,
and Secretary Bristow recommended in his
last annual report that the time of the four
and half per cents be extended from fifteen
years to thirty years. With this change,
which might be authorized by an act of Con-
gress in five lines, Secretary Bristow had no
doubt that he could 90 on with the process
of refunding and save the Treasury one
fourth of the interest it is now paying on
the six per cent bonds. But Congress has
been 30 much occupied With spurious
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

Judges themselves as well as the public
will doubtless watch with peculiar interest .
case now before the Supreme Court here in
which judge is the defendant, and is sued
for damages resulting from action taken by
him on the bench which is held to have been
without warrant of law. One of the theories
of governments like ours is that the people
of the law, and that if the officers of the law
endeavor to infict their will on the people
in the guise of sentences or judgments or
other judicial acts they are only safe in so
far as their will precisely comedies with the
law, and that if they err it is at their own
peril; that where the law and their will are
not one and the same if they do not prefer
the law their act is the same as any other
assault, and they are responsible for
the damage that may follow. This prin-
ciple is before the Court in the
case referred to. For certain offences
the law authorizes a penalty of one years
imprisonment or a fine of two hundred dol
lars, and leaves it to the discretion of the
Judge which one of these two shall be i'm
posed. In case under that class Judge
Benedict, of the United States Court, imposed
both penalties The culprit paid his fine
and came out of prison on the writ of habeas
corpus, whereupon the Judge ''annulled"
his first sentence and sentenced the culprit
to q years imprisonment without fine. On
appeal to the Supreme Court the Judges
notification theory was not respected, and
it was decided that his power was exhausted
by the first sentence, and that the subse-
quent action was consequently extra judicial
Thereupon the culprit sued the Judge for
damages for his Imprisonment by the second
sentence. One decision on this suit has
already been given against the Judge, and
the present trial is an appeal from that. 1t
is misfortune to society when the Bench is
caught in such a position that convicted
criminal can have what looks like fair case
against judge for acts done presumably in
the legitimate discharge of judicial func-
tions.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

The Democratic Limo OF Attack.
If the democratic leaders are wise they
can win the next campaign for the Presi-
dency but they must not allow the party
to be managed by ounces or rebels or dema-
gogues, who see in its success opportunity
to give life to those schemes of reputation
and national dishonor in which il has
trafficked for so many years. The efforts
of one man like Mr.. Hill, of Georgia,
will hinder the party and throw the
government into the hands of those repub-
licans from whom it is now suffering. These
are the mistakes democrats should avoid.
Take what we have seen in Louisiana and
in Mississippi as illustrations of what may
ensue if folly is allowed to prevail In
Louisiana we had movement to impeach
Kellogg which for knavery could not have
been equalled in Tammany Convention in
the best days of Tweed. Here in Missis-
sippi we have a transaction even mora
equivocal. democratic Senate impeacheS
Governor Ames of 'high crimes and misde-
meanors." puts him on trial, sets day for
the investigation, hears his answer,
and then, upon an assurance that he
would resign, withdraws its articles, accepts
his resignation and permits one of its MEM
bersto become Governor. This whole busi-
ness is not only in violation of the letter Of
the constitution but of its spirit. If Ames
was guilty Of the crimes charged against him
he should have been punished if not, he
should have been acquitted 1t looks like
an attempt to. govern the Southern States BY
force whether right or wrong, and suggests
that wherever there are democratic victories
we shall have the pronunciamentoes which
have become SO famous in Central American
politics.
These and kindred blunders must not be
repeated. The democrats must open their
line of attack on the lone term" reform in
the government, publication in Office.
economy in the public expenditures, civil
service. Governor Tilden has shown in New
York what party resolved to win can really
do when it makes up its mind. Let the
democrats follow the Tilden path to victory.
Here are the manifest shortcomings OF
the democratic party awaiting censuro
and punishment In the beginning
was the appointment of men to
the Cabinet who were staff officers and not
statesmen. Then came the interference in
the South, the selection of men to impor.
tant Offices who were relatives of the Presi-
dent and his family, the st. Domingo
scheme, with the prescription visited upon
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

every State with q Senatorial proconsul-
Conkling in New York, Cameron in Penn
sylvania, Patterson in South Carolina. and
age was concerned, is under the dominion OF
an oligarchy which only opposes the Presi-
dent when he names men for Office like
Hoar and Dana, supporting him in his Sc
lection of Billings and Delano. Let
them show how investigations in the House
were made impossible so long as the brothers
of members were allowed to hold trade
posts and rob Indians and soldiers. Let
them show how scandal after scandal super
vened until we had Secretary of War at
the bar of the Senate as confessed robber
and Secretary of the Navy rapidly on his
way thither for having used million of dol
lars of the government money to sustain q
sinking banking house in London.
Let the democrats lay down as o cardinal
maxim of their canvass the necessity of one
term for the Presidency and the re-establish-
ment Of the civil service. Let q Senator as
brave and keen as Bayard show that the
root Of all these evils lies in that tendency
to Casarism which has grown out of the
two term principle. Let him show how,
with the reflective principle as it now
stands, we virtually offer premium to all
ambitious Presidents to do as Grant has
done-namely, use the Presidency as he
would have used rebel camp, for pillage
by himself and his soldiers. Let him show
that the President, instead of taking the
Presidency as a solemn and sacred trust re-
garded it rs chance for a good time with
his friends and cronies-high pay, little
work, lots of fun and no questions asked,
and the only care SO to handle its enor-
nous power that it might last as
long as possible. Let the country be
summoned, without distinction Of party,
to rise as one man and put an end to it all,
even as in New York the people rose and
put IN end to Tweed and his knaveries. AS
to the Southern troubles, the democrats have
rs much to answer for as the republicans. If
that question enters into the Presidency
there will be little use of the democrats NOM
mating candidate. The way to settle the
Southern question is for the North and South
TO meet tOSetner IN convention OF peace
and reconciliation, such convention as the
HERALD suggested two years ago, and would
have succeeded in securing had not the mad
men in Louisiana insisted upon overthrowing
the government and giving Grant a chance
to raise again the flag of Sumter.
The democrats in Louisiana by their folly
prevented that wise measure. The time
has not come to renew it. Senator Bayard
and his friends should not make q similar
blunder at the very outset of the campaign,
when the country needs harmony and
peace The only way the republicans can
win is for their leaders to persuade the
country that democratic success means
rebellion in the South and reputation in
the West. Such business may as well be
left to old Bill Allen in the West and bold
Ben Hill in the South. 1t is not the pro-
gramme in which Mr.. Bayard appears to adj
vantage. He and his friends would be wise
to avoid the snares in the future, especially
when such cunning fowlers as Morton and
Boutwell, are in the fields.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

WALL STREET YESTERDAY. The stock mar
ket was dull, unsteady and feverish Gold
quiet at 113 rs a 1l3 "a 113 rs. Money
was freely offered at 5 per cent and closed at
this figure. Foreign exchange was firmer.
Government bonds and investment securi-
ties were easier
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

FOREIGN COUNTRIES For TO SEE" is now n
ruling passion with the wearers of crowns.
The Emperor of Brazil is on his way to the
United States Queen Victoria goes to Ger
many during the present month and the
Car will be in England in few days. In
view of oil this our supplemented Presi-
dent must find it hardship to be compelled
TO remain in tho country during his term of
office
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

SUPERINTENDENT CROWLEY, of the Police
Telegraph, in trying to exculpate himself
from loose management of his department ms
charged by the Coroners jury in the case of
Mrs Rose Young shows conclusively enough,
to our way Of thinking, that messages over
his wires are sent in singularly disjointed
and unsatisfactory manner.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

GENERAL BANKS earned the thanks of all
the strong-minded sisters of America yester-
day by his speech showing that Mrs. Abigail
Adams was the first advocate of suffrage for
women in this country. If this fact does
not give women the ballot we fear the sex
will be compelled to wait another hundred
years before being welcomed to the polls
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

schemes of economy for electioneering effect
that the refunding of the national debt has
been at n dead stand since last year. The
time has come for q strong expression OF
popular Indignation at such wasteful neglect
and gross Encouragement.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

Dom PEDRO III. has touched at Pernambuco
on his way to this country, as appears by a
special despatch to the HERALD this morn
ing. The Emperor has now left his own do
minions, and will not land until he reaches
q country where every man is a sovereign.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

BILLIARD MATCH, which will have in.
terest to many of our readers, was played at
Paris last night between vignaux and
Sexton, vignaux winning.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

THE EUROPEAN MARKET SUMMARY for the
week shows business inactive, with n ten
dency toward decline of prices, especially
in breadstuffs
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01
TRIPLE S HEE T.
NEW YORK. SATURDAY. APRIL l, 1875.

From our reports this morning the probabilities
are that the ~eather to-day ,ciH be partly
cloudy, mih, possibly, rain in the evening.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

NOTICE TO COUNTRY NxwsDEALERs.-Fb
prompt and regular delivery of the HERALD
by fast mail trains orders must be sent direct
to this office Postage free.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

If THE SANDWICH ISLANDS have little else
TO boast of they are still happy in the pos
session of two volcanoes in active eruption
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

WIDENING BRoApwAY. Whit
son, who acquired unenviable notoriety in
connection with the defeat Of the mo Seat
No Fare" bill, is adding to his unpleasant
reputation by his proposed improvement
of Broadway, between Seventeenth and
Twenty-second streets. The property own
ers on both sides of the street are opposed to
widening Broadway, because the Improve
ment" is not needed and would prove an in
;urv rather than benefit yet Mr.. Whitson.
vbo first heard of the scheme little over
month ago. hastcned to introduce his obnox-
ious bill into the Assembly, and thinks it q
vsry proper measure. When q man pro-
,,ot~s such q measure he must not complain
a honegt people impugn his motives
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

THE ASSEMBLY yesterday discussed the
question Of final adjournment, but the
weight of opinion was against naming the
18th Of April ms the day. In n question of
this kind there is only one rule if the true
interests of the people are consulted
namely, that in adjournment there is safety.
All the business necessary to be done at the
present session of the Legislature can be ac-
complished in ten days.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

THE ROYAL TITLES BILL, by which the
Queen of England is to be invested with the
dignity of Empress of India, is provoking q
good deal of opposition, and the Times
opposes it partly because it creates dissat-
isfaction and partly for tho reason that there
arc no young men in the liberal party of
sufficient ability and experience to be
intrusted with the administration Of the
government. Even in England the race Of
statesmen is dying out, and the reins of power
are about to pass\ into the hands of men
"chiefy remarkable Sor immaturity of mind,
which threatens never to ripen."
The WORCESTER DAM DISASTER has not re-
suited in as serious damage as was antici-
pated; but the loss of three lives, the de-
struction of considerable property and the
interruption of travel on one of the great
highways of the country are enough to sug-
gest the necessity of a rigid inquiry into the
responsibility for the insufficiency of the
work 1t was calamity that ought not to
have occurred at all, and it would not have
occurred if the Mill River warning had been
allowed to have its proper effect
CUBA is becoming more and more un-
happy, the latest hardship being a decree
which establishes an income tax of thirty per
cent. No people can suffer such extortion
and prosper; but the mere fact that the gov
eminent is reduced TO the extremity OF
making the demand shows that the end Is
near.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

OLYMPIC THEATRE
VARIETY, ats p. NJ Matinee. ~. NJ.
TwENTY.THIRD STREET OPERA HOUSE.
CALIFORNIA MINsTRELs, att 7. NJ. Matinee. r. N.
WOODS MUSEUM.
KIT at g p. NJ. Matinee at =. ". r. s. Chanfrau
LYcEUM THEATRE.
VAUDEVILLE, at p NJ. Minnie Palmer. Matinee.
r. NJ.
wALLACK'S THEATRE
CAPTAIN OF THE WATCH. at 8 r. NJ Lester Walsck
Matinee, ? +. NJ.
TONY PASTORS NEW THEATRE.
VARIETY, ut 8 7. NJ Matinee at i. NJ.
GERMANIA THEATRE.
DAS MAED Ell OHNE GELD, ats NJ
EAGLE THEATRE.
VARIETY, at r NJ. Matinee, = i. NJ.
BROOKLYN THEATRE.
TEARS, IDLE TEARS, at 8 +. NJ. H. j. Montague Natl.
nee at Il. NJ
UNION SQUARE THEATRE.
FERREoL at 8 Y. NJ Z. r. Thorne. Jr Matinee. 2 r. NJ
PARK THEATRE
BRASS, ats P. NJ. George Fawcctt Rowe. Matinee.
CHIcKERING HALL
Won BUL0W RECITAL, at . i. NJ.
CHATEAU MABILLE VARIETIES.
VARIETY, at r. NJ. Matinee 4. N.
BowERY THEATRE
THE WONDER LAND, atsP ". Matinee, 2 r. N.
THIRTy-FoURTH STREET OPERA HOUSE.
VARIETY atSP. NJ. Matinee, , z. NJ.
FIFTH AVENUE THEATRE.
P1QUE at 8 7. NJ. Fanny Davenport Matinee 80 p NJ
TWENTY SECOND REGIMENT ARMoRY.
GRAND PROMENADE CONCERT at r. NJ Gilmores
Band
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01
ADJUSTMENTS THIS AFTERNOON AND EVENING.

GLOBE THEATRE.
VARIETY. at p NJ. Matinee. , p. NJ.
SAN FRANCISCO MINsTRELs, ats p. NJ. Matinee. 2
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

VOLUME ..................."..N0 %
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

BOOTHS THEATRE.
JULIUS CESAR at 3 +. VI. Lawrence Barrett Matinee
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

PARTISAN VARIETIES.
VARIETY, u 8 +. NJ. Matinee, = L. ".
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1876-04-01

OLYMPIC THEATRE.
VARIETY, at g p. NJ. Matinee. II. NJ.
TwENTy-TfIIRD STREET OPERA HOUSE,
CALIFORNIA MINSTRELS, at +. NJ. Matinee, +. N.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-05-10

eler Ients of truth In a calmer discussion of
!" |c mob it inspired. II any had such ex-
pectstions of the Journal they have been
disappointed. On yesterday that paper
made the occasion of the negro's funeral
the subject of an editorial, which In simple
and unqualified infamy is about as offens-
i've as If the devil himself had inspired
every line and word. 1t could have come
only from heart black with corruption.
from the heart burdened with sin and
shame something like the mildewipg
slime that has found uttersnce in the
Journal, as a relief from inward rot
tenness, and this is the only solu-
ton that will account for the article
referred to. In very BLACKBOARD mendac-
ity it will rival anything ever put before a
decent community. 1t teemed with lies
from beginning to end. 1t slandered
bssely aud grossly majority of the white
citizens OF indianapolis. That such afro
cious sentiments could be tolerated for a
moment by the patrons of that paper is
indeed remarkable. That they should
come from a paper that exssperated the
ignorant colored man to deeds of lawless-
ness that eliminated in his death is fit
hng. Wsllowing in dsstsrdly thoughts
of crime, yet too cowardly to lead in overt
acts, it now very properly INDUCES in ulu-
lstious deep and mournful over the car
cass of the dead negro that its own base
incendiary appeals had urged on to deeds
OF violence and death. The blood of Car
ter is on the threshold of the Journal, and
1t will remain there. 1t Is on the skirts OF
the sole proprietor, and the skeleton OF
the dead negro hangs in the house of the
members of the committee OF safety and
rattles in the closets of the infamous COM
mitteemen - the rotten ring of Re-
publican office seekers, who have
been msddened into fury by their
sources of thievery being cut off during
the past two years-snd if Carter is not
happy with the blest, and his black soul
is doomed to wander in the earth, his
gaping wounds will grin at the whole
devilish crew in horrid mockery at their
crime in his premature taking off. To oc-
complish their purpose they may wave
aloit again and again his bloody shirt, and
sing pesns over his grave, but in their
heart remorse should fssten its biting
fsngs, reminding them OF their distardly
crime in rushing him on to his death.
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-05-10

same thing. They know that one dollar
on the hundred is all the municipal
tax they can pay and prosper. They de-
mand that such limit shall be fixed, well
knowing it will not do to rely upon the
pleasure of Council, no matter what
pledges are made, which is clothed with
power to tax the people beyond that rate.
1t is power that always has been and al
ways will be abused. Every sensible tax
payer knows it. He knows too, that all
the talk of what the incoming Republican,
Council will do in the way of reforming
abuses and reducing the tax is CANNON.
Tor no matter with what good intentions
some of them msy begin, it will end in no
real reform. II it did it would only be
reform for the time. Tie Democratic
plan is to secure 1t for all time. Tax PAYERS.
choose ys between them! Shall we
have real reform or sham reform? Shall
the burden of city taxes we have to bear
depend upon the within and caprice of such
model Republican councilmen as Hall. or
snail it be governed by clearly worded
law that will protect us for all time. and
under all parties, from oppressive taxa
ton?
The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-05-10
Reduction of the Taxes.

We presume that the people of Indian
spolis who have just finished up their
visits to the county and city treasury, ex-
pect that the recent change in the city is a
pledge that there will be reduction OF the
CITY tax levy, and that in the future heavy
tax bills will be unhesrd of in Indianapo-
lis. Slch is the confident talk upon the
streets. We are sorry to say that we be-
lieye all such talk is vain, and any high
expectations of that kind from the incom-
ing Council will be sadly disappointed.
There will be no real reform and no per-
manent lowering of taxes, if any at all, uD-
til law is passed restraining the power of
the Council. The Democratic plan of mu-
n'cipal reform is embodied in the follow
ing resolution adopted at the county con-
vention on Saturday:
The Democrats of Marion county, in con-
ven ton assembled, hereby report the follow
ing: That the Democratic party are in favor
of an honest and economical administration
of the government in all its departments, ma
rate of taxation consistent with good gov
eminent and to that end the can d1dates Tor
the state Legislature this day nominated
by this convention are hereby pledged to
favor q law limiting the rate of taxation by
the Common Council of Indianapolis for city
purposes, including school tax, TO not exceed
ing one dollar upon one hundred dollars oil
the actual cash value of all property liable
to taxation In any one year; and also TO e.
fectually limit the Indebtedness of the city TO
sum not exceeding two per cent. OF the totai
value of the property on the tax duplicate.
This is too plain and direct to be mis-
understood or evaded. It Is real reform
because practical. definite and permanent.
1t means something, and will amount to
something. Tax payers want to know
what to rely upon in the future.
Capitalists and manufacturers aDc
merchants, and all the great material
interests that go to make up the
prosperity of the city, want to know the