davidaulloa/AmericanStories huggingface dataset:
, 1877-07-13
The Country Itman1 for Loans and
Currency Yssrs Around to the
North.
Frodusa MARKETS. lAM Asti1t aDd Sttadiar~.nsgs
PiEmer.-litltt Change In Fro.
Iisions.
Wheat Stronger, With Good Shipping
Movement-Oorn EaIer-0ats
Weak.
Lake Freights Activo---Corn
Moving Freely.
FINANCIAL.


FINANCIAL.
The slight tne,ra,e noticed last week In The |
country demand fron the southern mart ct She |
s,ats for leans and currency has n,,w veered |
around 10 the uont, and applications fnr erdEs.
count. and orders for currency are being tccc,vfh
from, 1oya and M,nnesota This movement |. moi |
vrry .ct,yn and ylit aeon sub.ae, torey,Sr again
when n. cron, .re to be moved, In al other |
rc.ncct. The loan market has enbsiaed into q |
1eItarrle ronhit,on. and will without donht r. |
main there for Fnme weeks Cnnmcrcia! paper -
offered In sn,!l quantities. and the outAhic pef-
rover mtkcs his appearance very rarely. The
Hoard Of Trade demand for bank accommodations
has also fallen away.
Hates Of ditcoun, were s(t0 per eent 1t the
banks To rrgulnr customers. Tn the street rates
rim from per cent for loans on call upwards,
New York exchange waA sold between banks ~
b0Gt95c per 81, O0O premium between the oAhkA
TILE BuIf. MOVEMENT IN sTocKs.
The chief lcntnrc OF Wall-strect business this
week has hern the sharp upward movement IN
stocke. Great efforts have been made 10 herald
tlts IN III" hersnnng OF TINT " new era !" tho In
suEusaion Of witch las been 10 disapp"'n''naiy
postronra. The public will hnso themselves 10
blame II they arc caught with auch sha"" thcotes
Pit forward to deceive thou hy Interested parties.
The rlsc Il causcd not ny tho prospects of tue
cropa, although thcrc nrc good, l'ut by mo hcees
site. Of operators VII" arc bnyfns 10 cover
thclr fh"n"," Tho crops th1s fall may
b" all they now look II be- eut mo fallfoaas
may utterly fall 10 ret any hcncht 1fam thcu ino
future Of I'll" Fteek market depends a. mach on thc
dsc"n'tnn"ncn of railroad loans as on Inc
The crops: that II 10 eh5, inc rate o' f!c'Rht o
as Eluch Importance a. the amount oi iFc!sht ess
rlel. Tie present bnll movement ~ r"tt'y a"e 10
the cH"rst o thoae Operators 10 tcneve 'n,m"cscs
, 1877-07-13
DRY GOODS,

ERw YoRx. july l2-The package ttads continues
lxht lotbtnf branches dull; cotton Ruods Qules n
unchanged; pfntA Ia light deMandt Pscise mills dark.
fancy pfln,s opened a 7c asnne,s lii sssay de1nanu
but nca's wssF VI woolsas lea1 active.
, 1877-07-13

HOG PRODUCTS Wers moderately active, with
yetS tlu raAnEc In prces 1rA be!n taafet, and lard
averaging better. 1foEs vera In fair supply, aRd
aiotcd armrf under good demand. which rcaetad
product, though shoulders quoted N1 paf cwt
tuwer In LtycrEh. while tArI AtynnccI Gd pcr tt2
Thcte moderate inquiry tor shipment, and prnh
shy sAlss male for that puvroau which waru not
ported. ~ tho principal holders "lntrFvswed"
extensively by other operatnra though theT did not
knowledge tn. fact nf trading. The EresteF frrelnm
With which hogs hare been taken rcccnly sndcatehA
better demand " home cutters but the purchases
believed 70 he mostly made tor European louscs, who
do not buy product on 'Chauxa.
7.so per brL bat cl.ssA ii ttt 9raaton4 sha
pfeylo1s Afternoon. The trading ehea In canKGs
frUtn nnnth to snother HAlr reported Of
~ TO htls srlirr August 1t 3s3.satl5 $7fs snd 70
hrs. TINS n*rEet clre. .'cadJ 81 sis -. % ca4h
or seller July. ,$ts:+:H a1i.4a se!tsr Aususts an!
I?!!Ss gstk ~ quoted At sa aaasa.sa and e..
LAHu-Hss only Ia u1derata demand, hut Attyanred
Ab1ut nc pr Hn ~ In sympathy With tYnFpool. t4rb
rtIMFttl 20 tra cash !! tuhst 7D les seller
Au4us! q iot md = ~ tee seller septcmttf
krni Al $3Ua4tA U7H ess ur s1lrf July; 8y75&aD ~
seller At9sls ana eti 7"tD n actrr September New
lard va quoted Il t5o peF lu - below tho pFcs of
MkArs-wrre quiet and steady 1t about previous
ps!cea which given cl6w. fOr winter lots. Ellu
summer cufru generally qnuteh aboul ~ pr 10
hehw thoss nxHrrs shFt rths short cleas fatrs
sese reported Of 70 ~ s tsumnlrr' short fA q o. ~
.houldtrsat Akc ~ tca s1te plcked hslns ~ estta
seller August q w. Tue market closed 1t Tie lo1'
, 1877-07-13
TURIsENTINE.


WILMINGTON. July la-Srlt11s Tu1axkr1xx-
E1t4lt Al Z ~.
, 1877-07-13
Irofes .s.........n.n......
s-TeS tUu ~ tHnttvcs1..s,......

HuHs-Thtsa waz actlvu and strong hog market
not, shtpptE. and rackers tonE hGid ressJ and PIE
~f1 supply In tho 1tI1 wAs easily h!sP0tsd 0f md At
teF atefnxs prices Than prevailed the day bctarr.
Heavy grades did not 4dyance materially, hut In !Gt
sntrs we're noted ~ tt.Hhf5, tho bulk II et.nE
6,p5. Tho following WctH re rpttfdt
, 1877-07-13

mir
@"''~S NJ" nurrA.o,
tI':s -
enkEr AND LaMna-Reeeipta. i.+Hos tota! far the
GsT.s nticcss sairs ctTs ~ rno 1;nnc ~ s7x
~ IS; cars atuckerY 13 Isl uusUI sf1 shsep 1nd
tsar lambs.
iIHs.aSs1p1, !MU' Io.a! inx tHe Hsss' e' i !u:Sin:
nmnstnna n tnu wscN. ssfcs n Il rars, ron, ytttnfs
heavy. -. Abi43, 90; yar,ts bars Of btock.
NEW TbRx.
~ k1W e1 SoHx. teiJ @ Nh HaR n
urrE. nrtrrs ~ ..ss. .n r,,n" ~ III t"st
eattle untua n lask or Iat!.sctory hi.: common.
e.t nlIe'i 1os Che rnkee and MisAon, 9r,na'
1suksr5tssernts q. gh .n.x!os II ~, TT tjrss e.
nm 't 'Ins II sM is @ hissr wesn s .sE .is @
", III :.r:es! u a'.c; isnSs % osa. % viii, 1esJ
TeSa %. A. wan11c I'm ,o, ,,,.. s.,.
ms III RssH sse
E..r 1,.rsrr. r.. s..T u'; E!1snr5 to-
ysrd E,erythins soid ost IL prsss sams ss wetk.
fne only difference being tfftr qslitys best. fH lts
St.a,ss. Il. ~ "S''' w. ~~''Ao0 - '""'
ITcas-Kecetpta tn.daY 2. 1as hcsh, total for three
s:{t so1' ~ 'ru''a+''a'.'' s'v*
d.Yh !. o0,; stI,Iex si nits "ss'' ''"' ''' '''s'
pT, LgUIs.
.tG.,s 81 kse. g. 5a'' a-'loo'-s's'd' and n'ea'DRtd'
uqHchSngsa: Hf.nt%4.-uo~. /, .oo, r.,,,. lam
''@ ~ clSetsxHT,.
.,hH m .Ie1,s-hcttse. fe Mtrn' ann ~
1865 M ;steiSI o.s;Hx assts ~ hu''h
LUMBER.
LIE oHerlnRs NJ tht uaio uot4a #efo &IHAH Ana LUZ
, 1877-07-13

The following Instruments were died for record
Thursday, July II:
, 1877-07-13

A.aINs tue city. making lis tosal 0eut spoot f0os'
UtO, Qu0.
TUE rlr1spUAo pKyArLr.
Ths city OF Iltt4bury has dsfaultel In the pay
meul Of ths interest Of sonls Ut Its bond, which
were duo July l. Tht default IL not due 10 sny In.
seuu On The part Of the municipality to sepadiats
its ubIl3a,lons but TO an unsettled dtspule ~ to
whether the city pFiysio property ownsfs sre fc.
tpuu.ttip for this improvements for Whiehthe bonds
we're issued. This question will hase 10 b. settled
ln the courts, and meanwhile tie largest bond-
huders hAre agreed TO wilt till Oct before taking
lesal measures to pseas ths!F rights.
TIE FINANCIAL CHRONICLE.
Nc sls indebted to William u. DAus d Co., Of
New iurk. for cupy Ut volume "a Of their vH|ua.
bic publication, the GoMHsrctat and Fta1hedt
Ghroarls. The FtAaneal Chronicle IL an esesl-
lent weekly compendium Of tho duauctsl and com"
uerrta news oi the dAy, and IL eEptclxllY adapted
a,r the use OF Investors,
GOLD AND GRaxNBAcK3.
Gold wa 104x&t1o5S In yrcenbacks.
Gtetnbacks wese HGOih cents on the dollar
, 1877-07-13

7
McnIna OTTAWA, and htrrator 7:o3 \. N. 7:45
Mcfiunta WthMh, anu hfrrR!1f f:i3 p ILL., s1u:lu
10ckfrl fyGuauc. 4slotK Cfly D::sl l. M i 4;i5 b. M
fkockfFd DbAq1c, sioux CITY H:;su D. M 7:U5 m
Pacific Express for OuIahn aud, - -
ka9aaa 1aty ....;:........:" 'to:3o am. s:4Op.m
t1naha, Kau4A2 Cir, Atcs.
son. St. Joo. and TcxaR. lti0:0Q D. H. O,53 a.N
, 1877-07-13
Lcave. J Arrive.

CHICAGO. ST. PAUL T. MINNEAPOLIS LINE.
Ticket uHres u Ciarkst. aud At kfnzIcs Ienot.
Leave. Arrtvr.
s.. raal Minneapolis Ex... |.loma. III. 4:nnp. m.
81. Paul Mnncap0iLs Ex.. uuI D. M i $50 H.. III,
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
INTENDS 30 HAVE ONE.

II affords Us pleasure TO announce that
His Excellency, the Governor, after giving
the matter due consideration, has determin-
ed to act upon the suggestion made by HE
TINES, few days ago, and will give a
social entertainment TO a select number OF
his constituents at his elegant residence
in the Southern part OF the city, in the
course of about ten days. He enters into
the spirit of the affair with much enthusi-
asm, and is putting himself to much trouble
and expense to make the occasion one OF
more than ordinary eciat. We regret this
we don't consider it right, in these hard
times; and, besides, it is not setting his con-
stituents such an example of economy as
We should like to see. We had no idea OF
leading him into anything extravaganza
What We intended TO suggest was simply a
plain but respectable social entertainment
consistent, at the same time, with the dig
nifty OF the Governors position and the
hardness of the times. II we had supposed
that he would consider it necessary to make
such elaborate and costly preparations as
he seems to be making, we shouldn't have
suggested the affair, at all.
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
THE INDIAN.

Secret airy Schurz, in his annual report,
gives his ideas as to the way in which the
Indians are to be controlled and civilized
He suggests that faith be kept with them
which means to promise only what We can
perform, and then to perform what has
been promised. Hunting should be dis
Outraged, as it educates warriors. Their
stock of arms and ammunition should be
limited and their horses should be exchang-
ed forcattle. Reservations adapted to az
ricultural purposes should be given them
and they should be aided in becoming farm
ers, and a pride of ownership encouraged
They should have the benefit of judicial
tribunals to protect them in their rights
and guard them against the evils of their
own wroDg-doing. Schools should be es-
tablished and the secretary insists that
the pupils be taught the English language,
declaring that If Indians are to be civilized
they must learn the language of civiliza-
ton. Finally, he would have no white Ia
Dor on these reservations, but make the In
dian earn his bread by the sweat of his
brow" just as the white man earns it. The
Secretary admits that the Indian service
has been and it the subject of popular sus-
picion"-suspicion which investigations BY
himself and his predecessors have justified.
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13

The wise and SPACIOUS editor Of this morn
ing paper also says he is generally right IN
his estimate OF character and men. VIII he
please give the county his opinion OF the
character of the men he keeps in the post
office, and tell us which one OF them stole the
ssgi of government money.-C. 3. Marshal
MlLers Organ.
Yes, we will enlighten you Chas- Ill.
Miller, L. s. Marshal, told the L. 5. Dis
trict Attorney, that Mr.. Small, special
agent Of the Post-ofiice Department, told
Dave Keller and Keller told him that the
Postmaster knew who stole the money, and
the said Marshal went before the grand
jury and swore to it. The Postmaster
Dave Keller and Col. Small all swore that
they never said anything OF the kind.
Comments on the truth and veracity ol
the Marshal are unnecessary. II L. ;
Marshal Miller would attend 10 the dutie'
of his Office, instead of doing such dirty
work, he might perhaps aid in detecting
the thief
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
GOOD FOR WILLIAM.

Kaiser William has again shown his
good sense lie has put his foot down
firmly on high-priced shows, and has set an
example which the sovereigns OF this cOun-
try-the sovereign people-would do well
to follow. He has issued Il royal order that
Patti shall not appear before the Berlin
public, because the prices charged are ex-
orbitant. He declares that the price charg-
ed per night by the late Marquise de Caux
was something Inonstrous, and that he will
not allow such absurd prodigality among
his poodle.
1.-THE people of this country would practice
little of King Williams good sense in
this matter, and refuse to paw extortionate
admission fees, they would soon be able to
get their entert ainments at honest prices.
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
THE BEST EVIDENCE.

The following letter from Rev. +. :. Best
Pastor of VI +. Church, Nafick, Mass will lie,
read with interest by many physicians also
those suffering from the same disease ~ al
iiicted the son of the Rev. Il. ;. Best. No
er 'on .:tn iDIDJ this testimony, a. there is
no doubt about the curative powers of Veg
etine.
NATICX, MASS, Jan. I, 1874.
MIR II. r. STEVENS.
Dear or,-We have good reason for regard
ing your N"getIne IA m-diciu.' of the greatest
value. We feel assured that il has been the
means of saving our sons life. He - now
seventeen years of age. For the last two
years he has suffered from necrosis OF his leg,
caused ay >crOtuiOu> afDci ION. aid was - Tar
reduce II th:Gt u,ariy all wh1 saw him thought
his Recovery !mpOsS.b Z. \ council Oi able
ply sciaiI> could give Us but the fainte>t
hope oi his ever rstliylng two of the number
declared that he was beyond the each of nu-
man remedies, that even amputation could
not save INN ne had not vI.or enough To
endure the operation. Just then We COM
mencei giving him Negetin-, and from that
time To the pr, sent he has been continually
improving. ii. mas lately resumed his stud
les, throw away his crUtches and cane and
walks about cieerfuiiy and strong.
Though there II still some discharge from
the op ming where the limb was isnced We
have the fullest confidence that ia "a little
time ne will b. perfectly cured.
IL has taken about three dozen bottles OF
N.g'tin". but lately u>.> but little, - he de-
cia4,-~ lat h." is To-" wei! To take medicine.
Resp -ctiuily yours, b. =. BIS.
Mrs. l.. q. r. BEST
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13

.
ing OF small tax upon the people OF the
,ownship, Inc library now nurners about
i,-oV volumes, and Is rapidly on Inc W,
GREASE The early settlers OF Pese.dy snd
vicinity were D. Mekercher, +; II. Hopkins.
~. = aye; "eorse II; cooper, H. y; Nelson
D. .; Searies' \, > Howard, ;. ;. hram.r
n; n; n Moore, john Lands. I'd. Ayers, l. 1.
WEBSTER Wesley smith, Geo. Camp; H. W..
r. harris and D. H. Harris. The G,.ci's,
S SI W 'ne manaseuent OF Its new editor,
ar "aiSer' Is > mnch better paper 'han Il
mas ever oteu before ana Is a credit both to
It's pu''Shef anu 'he 'own-
FLoKENcE-
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13

Why do not the banks of Leayenworth
procure supply of small coins-one, two
and three cent pieces-and put the same IN
circulation among our people? This is the
age Of close figuring, and We must put away
our broad guage notions of things. 1t
won't do, any longer to despise the day
of small things in monetary matters, and
look with contempt upon anything less
than a nickel. 4 cent is a cent, nova
days, and in the larger western cities small
coins are coming into circulation as plenti-
fully as in the east In an article entitled
THE Pennies" the ST. Louis Times, Of
Tuesday morning says:
Since the introduction of small coins, one,
two and three cent pieces, in 81. Louis about
. modth ago, the United states Sub-Treasury,
on Olive, between Fourth and Fifth streets,
has paid out about 81 go, nearly 500 i'm one
cent pieces alone. VIM. Barr & Co., Scruggs,
Vandervoort a. Barney, Mann & Co., Miller
d Grant, and other leading retail merchants
are now putting the small money into circu-
lation. The Sub-Treasury has still between
$3.50 and 81 900 in small coins, but will prob
ably dispose OF them before the end OF the
present month.
Nearly all the leading merchants make
change now 10 a cent, just as all merchants
and the people generally do in Eastern cities.
A number OF manufacturers, including Gen.
Il. Allen, Giles +. Filley and Chas Belcher,
have also introduced small change into their
business, and in paying of their employees
they put many dollars in one, two and three
cent pieces in circulation every week.
Small coins are now freely circulated also
in Chicago, Louisville, and other western
cities, and it Is time for Leavenworth to fall
into line. Let some of our prominent mer-
chants move in the matter, and it will not
be long before the smaller coins circulate as
freely as nickels and dimes The chief ben
eft from the circulation of pennies accrues
to mechanics and laboring men, and those
who buy by small quantities. A st. Louis
lady, who published communication in one
OF the papers OF that city, few days ago,
showed that by making, exact change she
had saved nearly three dollars in the pur-
chase of about eighteen dollars worth OF
small articles, such As matches, pins, &c.
And three dollars, TO laboring man, in
these times, represents two days work. Let
us have the pennies. Who will move frs,
n the matter?
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
.,,,,usr HOE RAILROAD

y
The annual election Of directors oil the
Is St. Joe RAILROAD took place at the
neral Offices Of the company, IN Haiini-
II, on Monday, of last week, and resulted
| the election OF the following gen lie
len:
sWm Dowd Pres. Bank OF North Amer
u, New York
WIN. NJ. Bills, Vice. Pres oehifai va"
s,nal Bank, New York =
WIN. Il. Leonard, OF Leonard, Sheldon
= Bankers, New York.
Myron +. Bush, Pres. Marine Bank bui-
10, New York.
lanes III. Hartshorne, OF J. NJ Harris
,rpe a. Bros, Bankers, New York.
A. w. Greenleaf. Norris & Co., New YORK
ify. w
1 General Horace Porter, of New York. 8,
III Cook. President First National
ank, of Bath, y. Y.
Julius Hailgarten, OF IIallgarton q o.
:ankers, New York
The retiring directors are Joseph Rich
rdson, Jenkins Van Shack, ID. Jones, t. >
teyens E. F. Bishop and W. Bond. Ihe
Members of the old board retained are
iessrs. ". Dowd, Greenleaf, and Porter
,ut as these gentlemen have been in only
hort time to eli vacancies, the present III
ectorv NAV be considered a new on
throughout.
meeting of the Board of Directors II
Sew York, VIM. Doud was elected FreSi
lent VIM. Il. Leonard, Vice President, ans
John A. Hilton, Secretary.
Col. r. S. Stevens was reapPointed ten
raj Superintendent.
Isaac +. Eaton, Of this city, was appoint
ID Land Commissioner in place oil klchar'
w. Drane.
George w. Easily, attorney, in place o
Judge Carr.
William Woodland, master OF transporta
ion.
Edward b. Easton, auditor, in place
VIM. Wins.
w. j. Hilton, treasurer; Courtrlght, gen
eral freight agent, and Penfieid, genera
ticket agent, remain unchanged.
The present directory represent the en-
fire bonded and stock interest OF the road
and for the first time for years in the hlsto
nv of the "Old Reliable" entire harmon
prevails among its directors; stakeholder
and officials. Welearn that the road is dom
a large business, and We cannot see ho'
its future can be otherwise than brigt
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13

The appointment by the County Board
OF Mr.. G. W. II. Moore, to be Superinten-
deef OF the Poor Farm, is an appointment
that will be very generally approved by the
people. Mr.. Moore is an old resident Of
the county, and has long been known a
one OF our best citizens; nearly all the PEG
pie are acquainted with him, and they all
know Vim to be thoroughly competent and
worthy. Aside from his personal quali6.
cations, he is one of the staunchest Repub.
iicans in the coonty-cne of the indepen.
dent kind, with nerve enough to Oppose
corrupt men, on any ticket; on this accoun,
also. his appointment is good one.
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
HOW RsSuaRCK ..KEEpS HOUSE,

A correspondent writing from Berlin says
Prince Bismarck likes to find everything in
his study in disorder and general topsy-turvi
ness, Just as he left it-bottles, mugs. cigars
and cigar boxes, old gloves, books, pam
phlets, papers, letters, spurs, stray antiques,
swords, hand mirrors, pistols, fiddle strinys
iutes-these are all articles he wants to put
his hand on at short notice, and see lying
around loose on the tables, floor, and sofas.
Whenever he discovers any signs that his
wife or the servants have been trying to ''set
things to rights" terrible row is raised.
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
A SUGGESTION.

A Philadelphia paper suggests that the
house occupied by Benjamin Franklin
when in London be purchased by the Gov.
eminent for the permanent use Of the Amer.
lean Embassy. But the Chicago Jribmn,
suggests that it should be remembered that
times and manners have changed since
Franklin represented the Colony of Penn
sylvansa, and the old building on Craven
street is totally unfit for the pretensions Of
recent Ministers TO the Court of St James.
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
Threatening the Dearest Rights Of
Our Legislators.
fChicago Tribune, Dec. D.,

Upon the heels of the announcement that
the Secretary of the Treasury favors the
reimpOsition of the duty on tea and coffee
comes the report from Washington that the
presiding officers of the Senate and House
have laid their heads together to prohibit
the frequent importations of .coid tea" into
the respective chambers of Congress at the
call Of thirsty members. This latter traffic
is believed to affect the internal rather than
the external revenue receipts, as the product
from which the ''tea" is STEPPED is believed
TO exist in Large quantities in the Western
States, and the tea" itself is found in con-
siderable quantities in its pristine purity in
Bourbon county, Kentucky. The question
arises, Is not the spectre of Capitalization
assuming the corporal in this attemptto in.
fringe upon the dearest rights of our legis.
lators?
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
WILLIAM ALLEN.

Some of the greenback Democratic pa
pers Of Ohio intimate that the letter OF Ex-
Governor Allen, declining to enter the Sen
atorial 6ght as candidate, was stra;e-
gic move, and the same papers do not
hesitate to say that if the Democrats OF
Ohio demand it. the sage of Fruit Hill
Farm will make personal sacrifice for the
sake of his party.
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
The Only Legitimate Way 20 Estab-
lish ahe Nations Credit.

[St Louis Republican. Dec. 5th.l
Mr.. Hayes thinks the passage of the sill
yer bill will impair the public credit, and
thereby prevent the refunding of the six
and five per cent. portions of the public
debt in four per cent. bonds. This is pre-
ciseiy the argument made in behalf OF
changing the original fve-twenty bonds
from a debt admittedly payable in green
backs into debt payable in coin. 1t was
stated that the change would strengthen the
public credit, enable us to borrow on better
terms, and thus lower the rate of interest
1t certainly did have some such ef1ec,
as this; but all the advantages it resulted
in did not and never will compensate for
the addition Of $500, 100000 which the un-
just act made to the public debt. Any in
dividual can strengthen his credit by agree
ing 10 pay SO more on the 500 on all his
debts-that is by paying SllO for debt OF
500, and 81 100 for debt Of 1000, and
so on; but he would be considered fool
after all, for he would he dealing unjustly
with himself and with those dependent on
him. The only legitimate way of estab-
fishing an individuals or a nations credit
is TO pay all the contract calls for-nOth.
ing less and nothing more.
The Leavenworth weekly times. [volume] (Leavenworth, Kan.) 1870-1880, 1877-12-13
THE rt,,xry.NsxTss STATE.

The Territory OF Washington, now con-
taiuing population Of 6o,CoO, Is ambitious
Of soon becoming the 39th state OF the Re
public. Its mountains are covered with
forests Of the most valuable timber, while
the soil Of its valleys bears all the crops
that flourish in Oregon and Northern Cali
fornia. The completion OF the North Pa
citic railroad to it, chosen terminus at Ia
coma. on the Pacific, will render it more
accessible from the East, and will greatly
stimulate its development.