New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-01-15

The mos. married e1co,o Of tho pressure oil 'h' u'''
are In e f,und in the foregoing hurcs, indicating ~
M thcy do large increase IN the hummer OF pn'"''
cps,i,e, a. compared with previous years Hu'' kIcH'
A. the increase IT, the considerations indicate ihh' 'e
pre.snre has not a.. yet been specially disastrous In any
djsuctly, limo Of trade while compared with the
number Of person. eugasS IN business. the proportion
~ IN lures does not excessive b.ar.nS IN NINA no"
Ion continued the depression OF al Interests ma beeh
The number " persons reported IN hu-ic'' ~ tho
United sttes on the book, Of til Ascncy are CjoOoo
OF This nmbr. 40 have failed during the year. ind-
Gazing proportion ~ one Ia every ghi'-two THIS Is
bigl,r percrn.are than usual; but IL & Questioned n
l. higher than prevails othe- countries undor similar
circumstances The lguIo' IN the above tables rom ga"
iforna where business Is done on gold basis Indicate
that one trader In cyory for;y-iwO has failed; While ~
Canaia. with d low tarid. u banking system on G"'
foundation. and light taxation the hsie7 AFRO oven
more su,esyc the nunbcr OF faiurc- having bo'u one
iu every twenty ought
The ualno, OF The 7.740 who failed IN $50 are IN
round number. T2OO.OOo.OpO Prom this amount should
hc deducted Ter cent for advance on orr na coi oi
good. .o 10 tines, pcr5pns leaving aH apparent lo'kP
Of SI80 OOO.OO0 Estimating the average vi"i ~ ialed
estate. {, no 3d. cr Wulcr tho o?r Itons % The
new BANKRUPT Law It will fi far short OF hnD. tho actual
loss 10 capital account by The mluws OF the year VIII
stand at about $40 100000. Tis amount IL equivalent
10 tho value Of half Of the cotton CROP ana u more ~
30 per than the entire yicd OF ali the gold ana I'll
mines 81 tie country. THIS .lSON''o OF i"H' Yep
r-ents profit Al tn per cent on ~ 200 OOpOD) ~ bust
nos IN other words that amount Of business of The
country for tho past year been done Tor nothing the
pfon being absorbed by losses This io-- OF el2OOOJ
900 Is dGi-cl over GOOD many cen,rts o trade and
has been divided between nd, dual conc,rrB bu'
safe 10 nIcr st. coupled with the decline ia salu the
o~, by bpd bt mast have caused -hrn.age moro MP
parent than IN a.iy year since the panic.
R,frrnee may made w tine facility which Such ls
RODS a. TIE present afford FOR making mono, 10y falling
Tic .ys,cm Of compromising indebtedness ~ largo DE-
duction whilo n many ci.es commcnotnlc, optn to
the cfatcst abuse: aud observation for Tho past year
shows mat serious results viii follow iAo !nie'rnnAc
practice 81 It recently apparent ~ rui' -etrucnt
With IA unfortunate debtor furnishes him Win NJ adj
Jitoug clement 81 surccss Neither cnyt'Iiy nor clp
tai neither caa-rtrr conservatism are impaired 10y
conn rImi+. AMI In six ont o. uuc h' -'In'
suit gii follow In thc oour,o ~ time. Meanwhile the
trader " hu yet, at 80 % cents t'ry
we'll ai'pr To- iiiic,ril h' solvent aui Who d-,iIc-
go pay 100 cents on jhr dollar Th' 'nirr trade ~
t,pf. especially ma tAf South in, been doG"rtlrd by
settlements win persons entirely unworthy OF conn
d,uec whn by imposing tine gUDi nIi o. iclr ~
creditors are abls g." tempt the local cash tie h. prices
i- below what an honest merchant d.rrs 90 n'-rpt.
Tho r.,ult of compsiion between tbom VII Doe to
impair tne fortunes q. tho solvent man. un,ruo tho COM
muuly. and destroy the chances o. prD1 nhie business
comucn.ang advantage for the lird tiiuo, should bo
found n the T,pI wedding oIt oi unworthy triie =,
who, lack ol capacity chIIicirr. some other
qualification DO good iO themselves their nrShpor-
tl,.r creditors. II tlc number ~ producers aid