davidaulloa/AmericanStories huggingface dataset:
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06
BY Grabbs g Williams,
Real Estate Agents and Auctioneers,
Eleventh. street between Main and Bank. z

THE VERY VALUABLE PRIVATE
Il RESIDENCE No. 217 ON GOVERNOR
fOR THIRTEENTRJ STREET BETWEEN
FRANKLIN AND CAPITOL STREETS FOB
SALE AT @AUCTIoN.-The property above re-
ferred to- formerly occupied by the bate j. n. Con-
January 18th. ut O'Clock r. III.
The dwelling has eleven rooms besides bathroom
and servants apartments, with water and gas
throughout. - F:5 $500 es.t.ss-
Il Is finished Ia the best style, and In all ts APP
poinsments Is Q first clsss residence.
The situation. IS very pleasant, overlooking the
Capitol Squire and the property Is particularly de-
sirabie 10 professional or business gentleman,
bling centrally situated and within lew minutes
walk OF the public buildings.
TERMS: At sale. GRUBBS & WILLIAMS,
ia . Auctiolesrs.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06
REAL ESTATE At PRIVATE SALE.

REAL ESTATE At PRIVATE SALE.
DEAL ESTATE FOR SALE PRI-
LII VATELY.-VALUABLE FARM OF TH1R.
TY.SIX ACRES, three miles from Manchester,
Va, for sale privately-tweny acres enclosed bal
ance In woods; comfortable dwelling with five
rooms; GU t-houses ample and in good order. VIII
sell bargain II early application Is made to the
owner. Address or apply 10 r. D. SEAY.
ja4-1w* Manchester, Va
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06

FRANK DRILL,
REAL ESTATE AGENT AND AUCTIONEERs
No. HOS MAIN STREET, RICHMOND, Va.
Real estate sold Publicly or privately. Rents
collected Loans negotiated on collateral or other
SECURITIES. !, .s, s..ss,si 5.3.s5 ~ de 2s-3m
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06
CLOTHING.

TOHN LATOUCHE, IA
81 MERCHANT TAILOR, K
No. Git MAIN STREET, N
has his stock In excellent der, well assort- nk
ed, and calls attention TO his.
BUSINESS SUITINGS;
fifty new styles, aud offered yer low.
FINE DRESS BEAVERS
imported fabrics. various shades, and superb
quality.
ASSORTED UVERCOAT1NGS,
new styles made up according to the latest report
= and moneys worth guaranteed.
Call and examine at 81 Main street. de Is
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06
;uIGH CoNsTABLE's SALE

80 OF
BooK-BIsDNG ESTABLISHMENT.
I win sen at public auction, on THURSDAY
MORNING the 9th day of January. 1876, at II
O'Clock, at southeast corner Twelfth and Main
streets lupsirs) the following property, TO satisfy
a dlstress-warrant In my hands:
i RULING MACHINE and FIXTURES,
I NEUTRALITY-SUSPICIOUS. and FIXTURES,
I OBSERVATION-DISCLOSURES and FIXTURES,
1 SAWIHG-MACHINE and FIXTURES,
1 ACKNOWLEDGEMENTS and FIXTURES,
/ STABBIEG-MACHINE aud FIXTURES,
I OBSERVATION-DISCLOSURES and FIXTURES, +
1 STANDING-PRRSs and FIXTURES, :
I FINEHISG-PREsS aud FIXTURES,
] FINISHISG-sTAND,
/ pair BOARD-SHEARS,
l PRESS and PLOUGH,
] TYPE-CASE,
8 SEWING BENCHES, $3.50
TABLE, STUVE-PfPE, &C, &C.
TERMS: Cash. A. B. DUESBERRY,
ja 43t H.C. C. r.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06
NOR RENT. STORE and DWELL-M

EOR RENT, STORE and DWELL-@
H. ING on The south side of Franklin street, III
| a few doors below the Exchange Hotel, containing
nine rooms besides the store; kitchen with Two
Also, SMALL BRICK STORE and DWELLING
on the mort side Of Cary street between Ninth and
Tenth streets, containing three rooms besides the
Store. * tst ~. So So
Also that DEsIR ABLE BRICK DWELLING
No. 49, on the north sideof Main between Third
aud Fourth streets containing ten rooms Kitchen,
s Also sSo ss RisS DWELLINGS on the
streets, containing seven rooms each kitchens, with
two rooms each d 81 .7EE
the east side Of Cherry street Between c1mhsrIand
and ssySy saAs R at
streets, containing three rooms each Kitchens
with two rooms each. ~.
north side Of Main street, Libbys Hill, containing
xi1sh sRI Ss!eE sas M on the
side of Twenty-sixth street between Marshall and
Clay streets: containing three rooms, with large
jaa-s, Real Estate Agents aud aucioneers. s
EoR RENT, THAT DESIRABLE GA
south side Broad street. second door east OF Fifth
street, az sresent occupied by Lewis Held ESQ.,,
gqeas sonainsg Ten rs above .hs
s 70 osseSsoa JAMES AMI sI1a TAYLioE & son, fy
:. za 4-3t-- Real -Fetae A gents and auctfoneers.e
ToR RENT, TIVE Il ARGE FOUR a.
II STORY T0BACCO FACTORIES on cary Hi
street CORNER Nineteenth:
BRICK DWELLING, With basement and three.
stories ming ef1t rooms kitchen, e.;
\ TWoIspory .ERAME UNWILLING. With i've
rooms, Kitchen, &c. on Twenty eighth street be-
1sgeans Clay and Leigh stTeetsf g
n FRAMEsDWELLIHGIon Twentieth street be-
tween FRANKLIN and GSace streets, with basement
> > eat BRIfjK HOEsE on Foutth street between
Jackson and Dnyaf with SIX rooIaG. kitchen, &C.:
4 BRICK STORE. With several rooms above. on
Marshall street near Eth4 Park -4s-sy
.sseyeral desirable OFFICES ON Eleventh street
betwtan Aiata and Bank streets
E Apply tos n sgs.ff 81 HARRISON Eco.
Sal. lib Main street.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06

GONE A.RUNNING.-I am selling Fire.
" works, Sky Rockets. Roman Candles, g., at
cost. Got too many. Don't want 70 keep them for
another year. Also, Gelatine, Mince-Meat, Yalen-
Plain Candles, SurraDts, Seediess Raisins, Prize
Boxes, Big BonaDz9s, Cocoanuts, Dessicated Cocoa.
nut, Rordens Eagle Milk, Smyrna Figs, Nuts, as
sored-in fact, everything IN my line; TO be given
away. as have 100 much stock and too LITTLE
MONEY. ~. rs LOUISE. B0SSIEUX,
!, de "a zs4.gS.ssS;ss.z Il 1412 Main street
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06

FUEL AT PITCHERS,
SEIGBTH ANB MAIN STREETS.-EUREST
PINE f0rtginal growth, for kindling and cooking;
best Soft COKE tor CRATES and stoves; AN.
THRACIrE, GLOVER HILL, and SPLINT
COAL; OAK and PINE WOOD-loug, sawed,
aud kindilng. AL kinds Of COAL, WOOD, and
.GOKt. de IL
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06
= : q q ---..-----
FURNITURE.

lust RECEIVED, AgLOT OF NEW a
- PATTERN BED-L0UNGES and fine "a
4 BOOKCASES. Also on hana the finest PAh- III
TURE that l. have ever kept, with all the lower
grades OF goods kept In Arst-cass house. Invite
fed that they are cheaper thzn any goods OF the
same quality ever offered in this
80 - Z. GATHRIGHT,
las sFHHs- 10 Governor street.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06
WOOD AND COAL.

GOAL and WOOD.-NO EXrORT1ON.
~ Ffrst-class fuel at lowest prices for cash. An
thracite-Nut, Stove or Egg coal, from S6.5O. ga,
or Grey sniint coal. $3.50 r25 bushels, or $3.50
per ton Of 5000 pounds; Clover HUI from 1875,
&4.50, 10 $3.50 per, ton best Snft coke 1925 to
In. rs Der ioad. fde 2sl CHARLES III. PAGE.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06

and &vGMm OF ppegf. df science originate.
in sentiment as an impelltug force, and ter.
inmates ia the qualification of sentiment a.
its aim. and ID, when IL controls or regulates
sentiment, 1t alwayssuses one to displace an
other, thea sciepeeis bound not to overlook
sentiment IS evidence OF truth. The doc
trines OF pubic economy that favor individual
ownership. dearoe. of cooperation Ia CAPT
tai. general edacsaicn, the alienation of ex'
! cessiye drudgeFy occasional relaxation, the
refinement OF tastss, all bring with them a
strosg recommended in their favor On
strictly scientific grounds. The evidence In
sfieir support is Ents: ALI the arrangements
OF nature contemplate disqualification of the
better sentiments OF nan. All saciala 30.
litieai org.njz Itians exist for this as their
END. Whatever MAKES one maa happiec
or better Should be consistent with
the common good. But this principle
does not leok to the conclusion that
property should be .pmm2n, that sawless,
ness should be sane toned that society
should 6acd tie commL nifty With what itself
calls narey,, or that 1t s honld Mndert akefo
ease me money market ey efy itsae u y ilghl,
or furnish employment wen anere, Is ne q
natural cal for this or tbat sge.,ss 9. ianos.
Z But u does authorize u6 to- eeMese teatafg
political system which cannot - khe song run
be comnntibss With The sell.be ssg Of a great
mass Of a yirtuc us Community is Selenhf eally
unsoupd. III this Is true of insl,i yitsons and
soeia. arrangems nts, ID isalso trueoY 4 theory.
OF life. Whatever theory OF living 81 toeks the
modesty of nature, or gives rein or dlnuius
10 the appetites which we have In &C mnon
with the brnses; Whatever tends TO de sfade
aud debase whatever ministers TO bad ne 5sb.
b0rhoad between men and communities lie .s0s
abf2e reasons BIZ III 10 he false Oh nsfrety SciesTS
cot fnmortalily, which Ii q living and mex.
finguishabl force. This desire Il 8 CONSTANT
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06

FOR RENT, comfortable HOosL IN
5 ,,i,h four or Hee rooms; kitchen afc ~
ot,er mt .housee with four five acres OF pro-
Gncttve land, on iira Brook turnpike, No 1niaes
from fne city. To "a good tenant the rent "iiiu'
reasonable sa'' az Ap pGS8pDIN, WARREN CO,
Real Relate Agents and Ausuonee e.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-01-06

,TanR RENT. THAT VERY PLEA =
Il SAAET frrsdl RESIDENCE NC. h13 ~
north ss,i sreef. Appsy nt the " q q IN :
MERGE. Iile Main street. go 49, u = y.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
support from Oth-r Powers

negotiations will be extremely difficult,
in consequence Of Englsnd's former 70.
lection of the Berlin proposals. The
feeling that the present situation "a
dangerously maintained, begins To be re-
tected by the prices Of stock upon the
London and continental exchanges.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
"THE OUTRAGE MILL" "
seventy-Hve Armed Negroes Threat
en- 10 Organize 500 strong
And Burn the Town Of Monroe. lou
tsiana.

MONROE, September l.-Fresh excite
ment sprung up last night,in consequence
of reports that the negroes were arming
in the northern part of the parish and
coming 10 burn the town. About seventy :
five negroes, mounted and on foot were
found at Captain HIllop's place. A
parley ensued and the negroes refused to
disarm. and said they would come back
with five hundred men. Captain Theo.
Balls with fifteen men blockaded
the road with rails. The news spread
and the whites armed, from this and
Moorehouse parish, went 10 the scene.
The excitement was intense, but nothing
occurred and not gun was fired. The
whites. Including the best men OF the
country, acted with the greatest torbear-
ance One of the armed negroes said
they were told TO arm by the sheriff OF
the parish who is colored, and come 10
Monroe and burn the town. In the south
ern portion of the parish whore
the houses were fired into and the
trouble began, the leading citizens report
all quiet Some scattering denonsLra.
tions, they SAY. were made last night,
but nothing serious. The situation is de-
cidedly anxious, but the leading citizens
are proceeding with prudence and mod
Grafton. Not loud word has been heard
in the town.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02

The directors of the Elm Grove Street
Railway, yesterday afternoon, opened
the bids for the construction of that
enterprise. There were great many
bids and they were in great variety. The
atterpoon was spent In opening, reading
and examining them, but the task was
not completed when the Board adjourn
ed; and the Engineer was instructed to
prepare, to-day, the bids, so as to show the
lowest and best, that the work may be
put Immediately under contract. Enough
was learned from the hssty examination
of the bids 10 give assurance that the
road can be graded, built, ironed, equip
ped and put into successful operation for
the very modest sum of about 10000
The subscriptions to the capital stock Of
the road already reach, We believe, about
$25,OO0; and it is thought that
an additional $1,000 can be secured
with moderate effort upon
the part Of the friends of this meretorious
and popular enterprise.
The opposition that has sprung up to
this road in East Wheeling, has been
famed by two or three individuals until
vast amount of Misunderstanding and
misrepresentation exists. The statement
that the two bridges across Wheeling
Creek, their approaches, &c, cost 100000
comes under the latter head. We believe
the city bridge cost some SIP, 900 or Sl4,-
0OO-S2, 500 of which was paid by private
individuals. The county bridge cost,
with approaches and fills, about $4,000.
The grading across the Peninsula cost
some $1,000 more. Total cost TO city
and county, deducting private subscrIp-
tions, of entire improvement, in
the neighborhoOd of $4,000 or
$4,000 The grading of McCuloch
street had nothing to do with the cross
lug of the Peninsula, as that had to be
done as street of the city at any rate.
A calm and candid consideration of
this enterprise will commend it to all
fair minded persons.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
Hidinxin the Rocks.
An Escapade Of J.,I Birds.

NASHVILLE, September Last even
ing five persons escaped from the county
Jail IN this city by saving through the
grating of one of the windows overlook
ing the river, letting themselves down
seventy feet by means of blankets tied
together. Deputy Jailer Reilly, on Gus.
picion of supplying the prisoners with
saws, has beon released on $500 bail
The prisoners who escaped are John Red.
ding, Timothy Curren, VIM. Brooks, w.
7. Loomis and Geo. SchOoley. The latter
had been sentenced to thirteen years in
the penitentiary for stealing $4,000 from
the Adams Express Company, and wss
awaiting n new trial
At the Fair Grounds, near Murfrees.
boro to-day, Tobe jenkins stabbed Mort
Phillips, the result of an old quar-
rel.
Essu Shelton, one of the alleged Reilly
Station, Kentucky express robber. was
brought here tonight from Knoxville,
near which place he was captured, en-
route for OSensboro, Kentucky.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
Large sale or Dres. Goods.

NEW YORK, September l.-There was
large sale of Lyons y Paris dress goods
here to-day. The prices averaged fully
ten per cent above those OF last spring,
when the rates that ruled were from 90c
10 95c per yard for even desirable shades,
while to-day the most undesirable shades
were readily sold at 95c per yard, and
fashionable or good wearing shades sold
rapidly ae 81 10 per yard. The de-
maud for duplicates far exceeded the
supply, aud the sale, which comprised
924 lots OF silks and dress goods sold Al
better prices than have been obtained for
some Tine past. Ribbons and millinery
piece goods realized pr'r.- ~ advance Of
last spring and were dafAcAted largely.
Black ribbons were readily disposed ot
al an advance of 10 per cent and very
few lots were sold below the ordinary
wholesale prices Of the present season,
The sale was well attended.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
(Oal Matters.

NEW YORK, September IA dispatch
WAS received from President Sloan, of
the Delaware, Lackawsnns and Western
Railroad from the coal regions to-day,
announcing that the miners had accepted
the situation and gone - work a. the
reduced rate of ten per cent in their
wages. The Lehign and WiIkesbarre
Coal Company, to-day issued circular
containing the following rates: On
board vessels at Port Johnson, \. j.,
Old Company's Summit, lump, 81; Henry
Brooks Lehigh, lump, 81; Wilkesbsrre,
50 25; Old Company Summit, egg, So 90;
Henry Brooks Lebigh, egg, sS co;
Wilkesbarre, So so; Plymouth Red Ash
egg, So 90; Old Company's Summit,
Wilkesbsrre, steamer, So %; Old Com
pany's Summit, stove, 81 20; Henry
Brooks Lehigh, stove, 81 90; Wilkes
barre, stove, 81 OO; Plymouth Red Ash,
stove, - 10; Old Compsnys Summit,
broken, s. 60; Henry Brooks Lehigh,
broken, 50 TO; Wilkesbsrre, broken,
50 90; Plymouth Red Ash, broken, s. 50i
Old Compsny's Summit, chestnut, s. 80;
Henry Brooks Lehign, chestnut, 50 80.
Wilkesb barre, chestnut, So so; Plymouth
Red Ash. chestnut, s. 40.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
orS. ron. EWING AT PAkkERS-
RlRG.

Our Democratic friends in Wood
county expect to have an immense meet
ing =, Psrkershurs, next Saturday night,
!. hear Gen. TON EwISd, of Ohio, who
will address them on that day. General
kglSa is an able and sn eloquent sdyo-
.s,y Of the great reforms in government
l~mandeI by the people, and has long
teen iavorrte in the gion of our sister
.Iy.
Gen. H. NJ. MATHEWS, our candidate for
,ryyernor will be present, also, and address
.-- people AT Parkershurg on Saturday
TIE 9Th
I.r.e distinguished orators should,
SUI doubtless will, have thous
sud. Of the people of Wood
Peasants, Tyler, Writ, Ritchie
AMI Dsddridge counties to hear them
discuss the issues OF the campaign. We
.,a.I not DO surprised to sea All oyerwhel-
m.ng demonstration of the earnest sons
% toll on the occasion.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
HoratiO Seymour says Yes.
New YORK, September |.
To be Regretted.

UTICA, September l.-Senator Ker-
nan spent to-day with Governor Seymour
and it is believed all further efforts 10
induce Seymour to reconsider his refusal
to accept the nomination will I've aband.
Oned
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
OPER.CAREYIsM AT PARKERS.
BURG

Judging from the tone OF an editorial
in the COoPER-CAREY organ at Parkers-
burg, the Times, all is not serene among
the "seried hosts" who do battle under
the banner of the "Horney-llsnded
Greenbacker. The organ heads its arti-
Gle "Plsin Talk" and wades into "some
persons at the Cooper meeting night be-
fore last" who 'do not see beyond their
noses" 1t seems that the meeting
repudiated the self.nominsted State
and county ticket upon which the editor
of the Times placed himself rs candl
date for Congress, and resolved that it is
''inexpedient to place ticket..in the field
at this time" The Times denOunces this
as 'impertinence,' and threatens to sex.
pose the tricks of designing MEMBERS
that "threats of communication will
not avail, &c. Altogether, we Judge that
the PETER COOPER family of Wood
county, under the lead of aspiring
HUTCHINSON, can hardly be called - hap
py family"
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
The Indian Troubles.

OMAHA, September THE following
official telegram was received from Fort
Fetterman last night: A courier has
just arrived who left General Crook on
the 10Th, at the mouth of Powder river.
ueneral Terrys supply train WAS ex-
pected on that day, and both commands
were to move out next morning on the
trail leading toward the Little Powder
river, about ten dsys old. It is esti-
mated that there are about 10000 ponies
with the Indians, and the camp fires
showed seven distinct bands. The wagon
train reached old Fort Reno yesterday,
and csmped, expecting the command
back about the 9Th.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
CONDENSED TELEGRAMS.

The Sherwood school furniture factory
was burned al Morris, Illinois, yesterday.
Loss $4,000 to $4,000; insurance, SlO,-
600.
The international chess tournament at
Philsdeiphia, closed yesterday. Mason
won the first prize, Judd the second,
Bird the third, Edison and Davidson di-
vided the fourth and fifth, and Roberts
won the sixth.
Et Bslklsy, Illinois. Wednesday even.
ing, while weddisg was being cele-
brated between George Sleeper and u
lady named Hamilton, Sleeper was called
to the door by Burt Fleming and shot
dead. Fleming had been a rival for the
lady's.. hand.
A heavy thunder storm begun at Port
Jervis, n. Y, yesterday afternoon, and
probably covers the entire area OF the
forest fires. The storm promises 10 be
hesvy and continued.
The Besverwyck crew, the winners Of
the international boat race at PhIladel
phia, had an enthusiastic reception al
Albany, n. Y, last night. The crew
and boat were carried in triumph through
the streets, which were crowded with
cheering people.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
BY TELEGRAPH
TO THE
.F sFat-ty ts
WHEELING REGISTER.
Associated Press Report. by Western
Union Line, once Northwest cor.
Of Main and 18th Sts.
DOMESTIC NEWS.
Trax,eaI End ora Prize Fight.


PHILADELPHIA, September 1.-The
prize fight at PennyilIe, yesterday, is a
prominent and exciting topic to-day, be-
cause of its brutal and its tragical end
ing, as well as because the parties partic-
il ating nearly all belong here. The
pugilists, James Weeden and Phillip
Walker, alias Keesler Bob, reside in
this city. Walker, who WAS 20 years of
age, was helper in foundry.
They had fought once before,
Weeden winning the battle. Both had
been in training five weeks for yester
days battle, Weeden at the house of John
Clark and Walked under the direction Of
Sam Colyer. Wceder is native OF Eng
land and Walker was of German extrac-
ton. The fight took place near Penn
vile, nearly opposite New Castle, Della
ware, and WAS witnessed by about ! 600
roughs, who
Openly Defied the Sheriff
and his officers, and after the fight eiuded
them by coming up the river in small boats
and landing at various pointf Seventy
six rounds were fought, but in the last
one Walker was unable to strike blow,
and at its end he lay wholly lnsensible
on the grass. and Colyer threw up the
sponge Walker did not revive, and
Died Before He Could be Brought
Home. ..
His body was found lying on the salt
works wharf, last night, the men who had
brought it there having escaped. The post
n,Ortem examination held to-day indi-
Gates that death was caused by concus-
sion OF the brain The officers have been
hunting for the participants in the fight
all last night and to-day, but so tar only
John Clark, one of the chief promoters.
OF the affair, has been arrested.
The report comes this afternoon that
Weldon, Walkers murderer, is also dead
of his injuries, having died at one of the
city hospitals, but the intelligence is not
confirmed.
The Principals Arrested.
New YORK, September l.-WeedOn,
one of the principals in the fatal prize
fight at Pennsvile n. D., WAS arrested
with his second, Watkins, in this city,
tonight.
The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1876-09-02
NaTIONALBANK INTEREST.

Tie oncr-vrNrd question of national
tauk interest ought to be clear enough
Lrucrior,h In the case of the Farmers,
AID Mechanics Bank of Buffalo VS..
bsERTsu tue Supreme Court of the
Alted Stalr- brushes away n whole
WILDERNESS ui legal cobwebs and makes
TIE entire uatlrr plain.
i s harnu., hank in any state may
lssr tue nlcfy-t allowed by the laws of
l.aI state
III. II that state has n state bank
ale the national hank msy take that
Ialr
I'll. II there i no state rate, the
. Lahooal bank may take seven per cent +,
ali no more
Nv. ANY rate rational bank may
lake Il may take in advance.
" Charging g:eater rate than above
allowed subjects the bank to forfeiture
'. the whole interest charged, bat to no
y.trr penalty.
~ l. Receiving 4 greater rate than
Ailye allowed renders the bank liable, al
a"l Time within two years from the date
'. !Lo transaction, 10 II suit by the party
paying, for twice the whole amount OF
'Lr interest paid, but to no other penalty
,r ,lit.
"Nll. A nstional bank may buy, sell
'. discount bD1ta ME bill Of exchange,
payable a. some other place, At the cur
'eh' rate Oi s,ght exchange, in addition
u" !he rate oi interest above allowed"
X wi. thus be seen that state usury
a'' are not applicable to national
JaNA under aIrJ circumstances, and that
''A'r sair- oi Interest are applicable not
" Feason OF any inherent force III
.Ae slate laws prescribing then, but simply
"e"sl,r The National Bank act selects
Lose .ateS rs = matter of convenience.
lie Ia,I0nsl bank, says the United States
p'eme Court IN effect in the decision
We lave referred To, is sn Instrumental
IL . the government oi the United
..''r' Necessary To the successful opera
'." % that government, and by conse-
9''"'e nv 9.ate can control or regulate
lie "peratlons OF the same. The Nation
"'-A ~! prrscribes what interest 3
"A'''"a. bsnk msy take and what pen
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