The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1877-07-19
80 MORE CURRENCY NEEDED.

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Such is the language and spirit of
the New York Grocer. This is a
strange utterancc to come from the
East where financial stringency has
squeezed real estate in Boston into a
wise, reducing its valuation sixty mil
lions below it, assessment. This de-
probation IS universal throughout the
Eastern and Middle States, and yet
this commercial journal can afford to
say "thcre is money enough" Against
his statement we place the late action
Of the Cincinnati Board of Trade
which passed Il resolution demanding
that Secretary Sherman cease further
contracting the currency. The East
may need less money than the South
and West. But the producing States
under this cry Of enough money" are
the greatest losers. We place our pro-
duce on the market and get in pay
scarcely enough money to defray the
actual cost Of production. The rail-
roads, manufacturers and Spectators
are the ones that realize colossal profits
out Of the products Of the soil. The
people Of these agricultural States are
being forced into corner by the i'm
pcrious rule OF the bondholding class.
We arc yet to have political contest
for commercial freedom. The East Is
to be combattcd on the financial ques-
ton. Both Republican and Demo-
cratic parties in the East are Il unit
against the life Of labor on the cur
rency question.
Two dollar gold coin is about to be
issued by the government.
HAYES seems determined to dds
establish the machine in politics"
CHARLESTON Is. c., ) merchants are
enjoying the inequalities of Cincinnati.
ASoTHER terrible volcanic erup-
ton in the Cotopaxie section of South
America.
THE Irish Catholics and the Orange
men in Montreal, Canada, have had
several bloody conflicts.
THE grip Of the Russians is inexor-
ably tightening on the main Turkish
positions in Bulgaria.
THE wheat yield at the State Insane
Asylum farm this season is 981 bush
els. or 30 bushels per acre.
THE four per cent. loan closed Mon
day. It is thought that the home
subscription amounts to s5O,O00,000.
TIE failures in business from Janu-
asy ! TO July / number 4,749, with
Liabilities aggregating ninety-ninc mil
lions.
TIE Russians are on the march to
the Iong-eovcted capital of Turkey.
The Balkan mountains have been
crossed.
LAST week 100000 bushels of
wheat and 10000 packages of butter
were shipped from New York City to
England and the Continent.
AGRICULTURAL Commissioner James
Of Georgia, says: a kind providence
has blessed the labors Of the farmers
with bountiful crop Of wheat-the
best for many wears"
THE wheat crop of Rutherford
county is estimated at 200, 900 bushels.
One day last week 100 wagons loaded
with wheat were in Murfreesboro
making delivery.
THE Choctaw and Chickasaw In
dian nations have brought suit against
the Missouri, Kansas & Texas railroad
ON claim for S706,CO for ties, tim
Der, etc, used in construction.
GEx. HOWARD reports a decided
victory over Joseph's Indian band on
Cottonwood creek. The enemy re-
treated to the Snake country, after
losing many men. Our loss not
heavy.
NJ. T. Polk, Insurance Commits
sioner for the State, has issued a tabu.
lar exhibit showing the gross amount
Of premiums taken by insurance com
panics in Tennessee for the year 1876,
amounted to 5000 ,0S2.63.
THE new election in France is or
dcred for the month of September.
Since Gambetta has suggested the
name Of Theirs for President of the
Republic, AIcMahon says nothing
about his threatened resignation. The
ImperialiSts are actively working Will
the clerical party III and OF monarchy
but Germany Is watching the move
ment.
THE total visible Indebtedness Of tho
country, including national, State ana
municipal liabilities, amounts to the
enormous sum of $3.50 900. 900
The interest on this debt at six pei
cent amounts 10 over $50, 1000, 600
much greater than the surplus cotton
Nh min cr.n1,s combined This stnte