davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-25

Wss"t was De- 7c higher, with moderate emand @.
pfnE ~ 20 Il ',s sa . TO- s%
s % 81 81 o e, Jersey ana fsnnsyys",s and
sasr.ded ,oid 81. barley malt va. also Sr%'
%sas ss' ,ss '1a %'ss
Tor mixed oS
rn % Iss 10, May ss
1893 S... Fs ~hs western" Iii w:S
sG,"S e s 9 ss May. o nn.u, wsss "sss Sma M
s,s. ess eI ssi,. White; sss for ~
Tor no 90. 4Iisc. for rejected.
especially for large business being accomplished
=" n S. s 9",:n. :.a . .'s Is
per box loose mascate s2 per box London layers 81 so
ss &C. LEI S s s y III n's .ss, ss
.n T. T.. s sS. Ss rs sS &c for sa
according 10 Size snrd,nes, y BOXES iic boxes, iasc
s s.ss. S sss s ss' %
A. d. Sliced Pa s.a'hssa ,s s".y &C. s' e
Peaches Peeled Georsn. prime to fancy. Isc 2oc
Rs Pcs. s ' c.s @ S n.P s
Se a star. . S r. na s.. w ss
prime, s5c SOC fancy. 81 81 o. Wilmington 81 10
.sS n market " quiet su' steady
ssr aso butts were nrn and quite arm We
e esS Hemp Manu-. Bat spsi .
We OF bags Mania, from tex H.
ford and loo bales do aIso from store Beed Wilie
NJ TIC, gold. 10 days In bales Sisal sold be-
arrival private terms Vessel arrived on saturday.
S2ij double $50 $i35 for undfcsscd; Russia
clean SH5 $40 gold Italian. {27o $l75. gold jntc
&c 5s, jntc butts 3hc 3lsc currency cash.
spot; Manila hemp 7Ac Sisai do 5sic. istIe. 51c.
&C., all GOLD. -
IIIprs Tho market very arm The sales go
Moptcvidco - lbs NJ 23c gold, Tour months, 500 do
seconds 23c gold four months; ND Monevdco. ~
lbs, DE gold four months; 300 rtra American at
gold 80 days. 1000 dy Texas ut lsc &c. 500 city
slaughtered ut .'c and private terms 3c Matamoro-
100 Buenos Ayrcs seconds 100 Rio 1rande seconds ~
lbs ana 2JDdry southern quote ;-Bnenos Ayres; =,
~ lbs 23c. do - TO ~ lbs, 25c. Montevideo
2Sc Rio Grande 20 lbs. zoe 2ic Orino-o III 10
- lbs zoe ale California ~ to ~ lbs. 2Ic. 22c
central American 10 to - lbs Ipc, Tc Matamoros.
- lbs lie. Ice Vera Cruz, IL 10 10 lbs. lie
ic all gold selected dry stated Texas - TO 10 lbs 1859
IL dry stated southern - TO - lbs l5sc ~
slaughter 80 10 ~ lbs. sic. air. do. ~ TO
GO lbs.. Tic. a sc.. all currency selected
fIorS The market quiet, bat prices were
ipaiy unchanged. We quote iNow York, choice l5c.
lie. do. common TO prime. lnc. lie Eastern, i0c n
l3c. Wisconsin &c: l2c. yearings TO- loo ods. all
growths, &c &c California (nomnAl, 12c lie Ore.
ron (nomnsii, 12c. a lie
There radical change In American pig, and
the continued dull and drocpng; 900 ton. No
sold future delivery privat. terms prices
changed scotch pig was barely steady aud quiet 100
Uenganock ind 30 tons toitues sold prices
made pubic crap was dali At So S2s. We quote =:
American pig No l. $lga $40 50, No. 2, $50 forge,
Tis &2l Scotch--Coltness No. L. &27; 0eng arnock
No. 1, s2J. Egnton. No. !. x25 10
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-25
Paris rsncs sold down TO 1857 3d. but closed stronger
at 1881 37kc Exchange on London was PSF 1870.
Bar silver Is quoted az 54hd "a I'd per ounee.


at 1881 s7kc Exchange on London 25L 1870.
Bar silver Is quoted at 54fd 544d per ounce.
UNITED sTArEs TREASURY.
Revenue receipts to-day S25O.OOO
customs reccipss... aoOO0o
BANK notes tcceiveo s5osVVo
PRODUCE EXPORTS
The exports OF produce for the week ending to-day
5000 $685. against 81 5s2 54s for correspond
ing week in 1875 and $50 249 in 1874 The
ports Of produce from the port since January this
year $s4 062 SAT- against s7s sos for the
responding period in 1876 and s76.27l 507 IN 1873
RAILROAD BONDS
Railroad bonds were irregular but generally higher,
with the following changes in prices compared with
last previous sales:-An advance oil in Chicago and
Northwestern consolidated gold sevens per cent In
Chicago and Alton incomes and Delaware, Lackawanna
aud Western, u in Dslaware and Hudson registered
bonds OF 1891, u in Chicago aud Alton nrsts, Chicago.
Rock Island and Pacific and Union Pacinc
sevens land grants and y In Onion Pacnc nrsts Pitts
burg, Fort Wayne ana Chicago thirds sold at 100
against 104 last previous sale. Chesapeake and Ohio
nrsts declined per cent, Pacific OF Missouri hrsts ~
and Central Pacific gold bonds New York Central skies
Of 1883 and G., G. and l. {. nrsts, y each
PHILADELPHIA srocKR
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-25
DOMESTIC MARKETS.

Cotton-Estimated net receipts Is bales Stock, 1857
NEW ORLEANS. April "a. 1877
good ordinary asc Ns.rseepis ss7t bates gross 40
E is4sss 70 the Continent '0o Sales 1000 STOCK
given; nomnay, mddng iosac; low m,ddling; in'sc;
S,sss -
Cotton dull; middlinr, 10 l516c. low mddng 10 7ioc;
good ordinary i-i6c. Net receipts, 2o bales. Sales.
cnAnlrsIos, April =. 1877.
Sg e.e, seso ow ia sa 1 sass
coas,wse. A. safes, 100 stock. 1888
po, m on Al. stsS.. sale. Hsr 3: s 'S1
$40 $40 80 for 10 spring. $40 % as, $40 = Tor
u" I'll 2 rf double .s'; Wheat srmi :ss.
':Ss
10000 feet lumber Flour shipped. 200 bills
Buvyslo. April -. 1877.
grades Wheat strong, and higher Corn fairly
tive. Oats quiet cut hrm Rye. light inquiry, Barley in
seed. nr%: upward tendency nj Grade. q clover
h XXX And lard s s p'es M
si 75ssla ~ .sss"d., spring 8; White SO y
.S:s 3 &C. i ~ sS:
bossan Cub At 81 90 corn-sales c.ry a6co bushels
sse sa esrloaas No D. on track =. sse Ss,,c carloads
car ssdy later 1s ss''Gss esG %'srs sr' oSs
track At zoe Rye-sales 5000 bushels Canada soc.
BIC $500 do. Western ungrnded at JOc; carload
Western OJc Seeds-SHles bushels timothy at 81
railroad freighs advanced, wheat tic corn size oHts,
o New York. Rcc-ipts-F.our 3,5po bbls wheat,
10 yD busbels 1900 do oats ~ 100 do barley,
1900 do; 32OD do shipments Flour, 800 bbls.
wheat IOsD bushels: $500 do; oats Z, 100 do.
CHICAGO, April ~, 1877.
Flour steady and higher held ut .5c. higher than the
following quotations :Sprng superhne. - 10 81 20
Western spring extras 81 - So Minnesota Co -
9, y; do patent process 81 u white winter extras.
no Chicago spring. 81 Gat cash ~ 5ta May; sld6h,
june has sold at 81 ~ 81 675 juno No. do, 81 ~
rejected, 81 ~ Corn very active excited and higher
51sc. Juuc) rejected. i4sc oats strong and higher
higher ut aJc Barley active aud shade higher ~ I3c
7sc Pork active, firm and higher. very unsettled
siH TO- cash $40 or, $40 %, May; SO l1s SIC ~
june has sold ut $40 n sl8 40, JuneJ lard active
unsettled. but generally higher; $40 %, $40 Osi
May; $40 Ia jane hss sold NJ $40 u $40 ~ Juno
Bulk meats larly active and shade higher: shoulders
bc short ribs SIC short clear, NC Whiskey in goo,
demand and shade higher at 81 M Freights-Corn q
Buffalo. &c, Rec-ips-Fiour o.JOu bills wheat. 500
bushels corn. lvS,pp do oats ~ OD do 500 do
barley, $50 do ShipmeutsFiour II ,OoD bbis wheat
5lpD tusbeist corn. lGp,DpD do oats, 2spp do rye
2vo do barley. LOO do At the afternoon call Of tn
Hoard Wheat excited and higher. but unsettled. ~ -
Msy; 81 10, June tas -od ut 81 IL Junel Corn exctc
aud higher 5lc, May. 5J'sc, 54c june. Oats higher
ant,c toc, Way, 4usc. Ale. June Pork strong an
higher $40 - $40 27 May Si6 A. June. Lard stron
aud higher: $40 12h $40 90 May; $40 27ts, june.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-25
The closing prices Of Philadelphia stocks were:-
MINING SHARES,

The following were tho opening quotations for min
ing stocks a. San Francisco to day Gould Curry,
s; Savage, 8; Choilar Potos. SO; Ophir, IA; Hale
Norcross, IA; Grown Point q Yellow Jacket, 4; Bel
cher, 8; Imperial 1a Virginia consolidated, SO; Cali
fornia, SO; Ovorman, 20; Raymond Ely, 81; Eureka
&. ", 8; Best Bclcher 10; Kentuck, s.; Union con-
solidated, D; Alpha, T.; Meadow Valley, TX; Sierra
Nevada, az; Mexican, o; Caledonia, 5; Silver Hill,
TX; Eureka consolidated, %; Justice o; julia con-
solidated, pa
Tho closing prices for mining shares in San Fran
cisr wer
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-25
Inc ToTowlhg tabIc SHOWS tho Opening, n1ghest an
owest prices OF the day
ADVANCE AND DECLINE.

ADVANCE AND DECLINE.
The following shows the advance and decline In tho
'loslng prices OF tho principal stocks to-day as
compared with those Of yesterday
ADvAXcE.-Western Union, a; Pacific Mail 4; New
York Central, Ia; Lake Shore. -; Panama, TX;
Illinois Central ~ Pittsburg, 41; Northwestern pre-
lerred, y; o., g., O. l., 1; Rock Island L; ST. Paul
preferred, Delaware Lackawanna, "a; Morris aud
sssex, Al; Hannibal anu ST. Joseph, Il Atlantic and
Pacific, Delaware and Hudson. Ia; Michigan Cen
ral Ii Burlington and Quincy. X.
DECLINE. -Nor.hwcstcrn. a; New Jersey Central, n.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-25

sr,.ss. o. -sssnss &wp~s Asvn 80 neg. ga
eA-es-raios a. 80 s-t sssris. s.-psssss M
pc cmt
c.leutss tfu.~ss - ssss 90 sasfssr Ls-~ss 80
a. - - 50
h.sess a. - 50 - 80 80 -
rsssp'.su. 49, - "a. r-as s...s.s.a. -,
eos - - u--si,As.. -tlsA - ~ s-~-s
$40 smHs snantss tsfatsss s.fe~s -
fess-tsstsrn s&.@sf ~ esh "a sss,
haeoa sarsssri<ea - aa ss. shsft ~ 5000, -
-. pux aef - o. shast aesf sRi - tts Hssq-
l~nN rw aN - a. sh~s&aWfs s*es4s "a - - e~ef-
inaa ns~ ast q -. fNtFa we~ hfn~f a. DTs. prime
nfsarr - i.ae8 ffms weston Gfm~f q A.
taiies -Ffftae rtF Nfmef a. - fr~rsStis~-
tFirtt* @4N - - Ees4H &esx*a sls&aF % "a tne
daf - 80 - the~st tseflfsn slsrs tau No. L~r1
al slseal - AlA fI~ ~tafs rfM<x a Va -.
~ s4fns sFn~s - l-sArs aeHgsf - L. -.
~e4fhetn uassfn xF~s<f fshes
esafss ~ - a. tcsn Ntkef 80 sis.dt - -.
EfsA~clAL.
lessn@s. Arsu 1s-swfQ.
rsss. .ass.. a-ass 80 inf ms - IL
Fssss AFrn "a t@rT
Kseh.nss "a ie"aas 80 -. - sA.s 80.
silver u aasssa :, ss,.a 80 ssnes.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-04-25
EUROPEAN MARKETS.
COMMERCIAL.

LivFRroor. April 2t-5 ".
Trade Report yarns aud fabrics ., Nan
chester Is dull and tending down.
Coton.-Futufes quiet; upiands dow middlng csusc).
August and september delivery lied also sales OF ,hs
same 8fd also sales 81 the S32d uplnnds TOW
middung clause shipped March and April. ssi $3.50
The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1877-10-04
Miraculous Escape.

Mr.. Louis Angel, an intelligent Ger
man, who arrived in this city on Monday
evening, looking for aschance to ship in
our fishing fleet, furnishes most thrill |
ing account of recent shipwreck and SUI
fering, with an escape from death that
may well be regarded as ploYidential.
Mr.. Angel was mate Of the three-masted
schooner IDA Lewis, of Boston, bound
from Brazos Santiago, Tex, for New
York, with cargo of hides, which was
wrecked off the former port on the 9Th of
August, all hands being lost except a
boy OF Is years named Henry Wallace.
belonging in Providence, r. I. The
schooner struck on the Brazos Santiago
bar about half-past 1 o'clock a. NJ. but
soon drove outside and went to pieces.
The wind was blowing from the north,
with a long sea range, and the waves
were mountain high. Mr.. Angel was
fortunate enough to secure rope from
the wreck, with which he swan to
floating water-cask, and dashed himself
and the boy, whom he had determined
to save, if possible, to the cask. Their
situation on SO frall a support, buffeted
about by the sea, with the wild waters
frequently covering them, can better be
imagined than described. At one time
the cask was thrown violently against
the side of the wreck by the heavy surf,
and the boys leg was crushed by the col
llslon III frightful manner With lit
tie hope of succor, exhausted by expos
ure, and beaten about at the sport of the
waves, they drifted hither and thither
for many hours, until Inconsistencies
kindly blinded them to the perils and
apparent hoplessness of their position.
They were, however, discovered by a
hghtkeeper on the coast, who tele-
graphed to Point Isabella for assistance,
and two boats were sent to their succor,
and took them off after having been
driven about on the cask for period of
nineteen hours. From the boats they
were transferred to a little tug, where
they were wrapped in blankets and taken
to Point Isabella, where they fell into
the kind hands of countryman Of Mr..
Angel, who spared 10 efforts to minister
to their comfort and recovery. It was
four days before Nh. Angel recovered
consciousness, and his little companion
was SO seriously injured by the collision
with the wreck that it was found neces-
sary to amputate his leg. Having lost
everything, the rescued man and boy
were dependent upon charity until sufi-
GENTLY recovered to travel, when they
were furnished free passage by steamer
to Galveston, and thence to New York,
where they separated, Mr.. Angel COM
ing on to Boston and thence to Glouces-
ter, as before mentioned. The Captain
and four seamen of the Ida Lewis were
drowned, and that the mate and young
Wallace did not share the same fate was
little less than miraculous. Cape An4a
Advertiser.
The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1877-10-04
Elegant COunterfeits.

Mr.. Brooks has telegraphed to Chicago
that the reported $50 counterfeit there
must be good, as it is printed on fiber
paper, but this is not a sufficient guar
anty. The excellent counterfeit of the
$500 treasury note made by Tom Ballard
was printed on fiber paper. He took
dollar note and washed out the colors, so
as to give him the paper for his counter
felt. This may be the way with the Chi
cago counterfeit.
The latest counterfeit is the new SIS
upon the First National Bank of Tama-
qua. This has just been received at the
Treasury Department for description.
It's excellence is alarming. The only
way that it differs from the genuine is
that the counterfeit is more skillfully
executed. It has only one fault, that
being that it it is too good. The only
marked difference that is at present
specified is in the chartered numbers
printed on the bills. The safest course
will be to reject all bills on this bank.
Tt is understood that the issue of this
bank is to be called in at once as the
only safe way to defeat this counterfeit.
. Washington Cor. Chicago Times.
The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1877-10-04
Goodwin Smith ON American Labor.

Mr.. Goodwin Smith is one of few
Englishmen entitled to speak with au-
thority on American subjects. He lived
several years in this country and Can
ada, and when a professor at Cornell
University studied our political institu-
lions without prejudice and in an earn
est spirit. The views of such man with
reference to social questions arising in
this country have special value, both be-
cause he is a competent thinker and be-
cause his eyes are not blinded by local
causes. His recent article in the Con-
temporary Revjea0 On "The Labor War
in the United States touches upon some
facts that have not been sufficiently no.
ticed. First, the question of RESPONSE
bility. Whatever may be said of the in
citing causes of the strikes, the lawless-
ness that followed them was not native
growth. It did violence to American
habits of thought, and few Americans
engaged in it or sympathized with it.
Mr.. Smith might have drawn more clear
~ than he does the distinction between
the strikers and the rioters. While
many of the former were native Ameri-
cans, most of the latter were foreigners.
The fact illustrates the difference be-
tween the American and foreign ideas.
Strikes are combinations of labor for
purpose which is, or may be, legitimate,
and Americans may engage in them
without implying disrespect to their
Government. The late railroad strikes
were controlled up to a certain point
by Americans, and they enjoyed the re-
spect and sympathy Of the community as
long as they were so controlled. But
when Communism came to the surface
the natural leaders Of the labor war were
appointed from the foreign population.
Most of the rioters arrested in Chicago
were Bohemians, as ignorant of our
language as they were of our laws and
Institutions The American laborers
largely proclaimed themselves in favor
of peace, and particularly in New En-
gland, where, as Mr., Smith says, ere
publican institutions may fairly claim to
be Judged" New England escaped the
riots altogether, although some of the
most exhausting and protracted strikes
occurred in that section. Chicago Zri6.
GL22H.
The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1877-10-04
Tom Paine.

The gauntlet which Bob Ingersoll
threw down to the entire Christian world
when he offered to wager one and all
81, 900 that Tom Paine did not die a
" drunken, cowardly, and beastly
death, " has been taken up by the New
York Observer, which publishes several
columns of testimony substantiating it's
assertion that the last years of Paine
were marred by his bestiality and
drunkenness, and that on his death-bed
he was stricken with remorse and faced
death like coward. The evidence is
furnished by parties who were well ac-
quainted with Paine, including Grant
Thorburn, of New York, who gives
description of the personal appearance
and habits of the great atheist that is far
from fattering Rev. J. D. Wickam and
Rev. Charles Hawley, d. D., who cor
roborate Mr.. Thorburn's account of the
mans depraved habits; and Stephen
Grillet, noted minister of the Society
of Friends, and Mary Briscoe, another
Friend, who was present at his death
bed, and from whose journals the o.
segUer publishes the picture of its hor-
rors. Having made out it's case to its
own satisfaction, the Observer now
pauses for a reply from Col. Ingersoll.
1t is said that the testimony will be sub
mltted to the examination of commit
tee, one chosen by the Observer, an
other by Ingersoll, and the third con-
jointly, who will decide which party has
the best of the argument.
The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1877-10-04
The Mississippi River.

The importance of the Mississippi as
commercial highway does not receive
the attention it deserves. The recent
experiments of Capt. Eads has demon
strated that the navigation of the river
can be greatly improved at a compare
lively small outlay and the destructive
overhows OF the Lower Mississippi and
It's tributaries be successfully resisted.
These overfows infict immense losses
to the planters annually. It is estimat-
ed that the cotton crop for the year end
ing Sept. l, 1877, will show fall
ing off of 274,OO0 bales compared with
the preceding year. The total crop for
the year ending Sept. 1, 1876, was
100000 bales; for the year ending
Sept. 1, 1877, 4,425,0O0. of this i'm
mense loss 100000 bales is due to the
overflow of the river and it's tributaries.
of which $4,000 was incurred on the
Lower Mississippi, $4,000 on the Ar
kansas, and 81, 900 on the Washita, MAX
ing loss on those rivers alone of 1877, 900
bales, amounting in the aggregate to
nearly $9,000,000. One-half of this sum
would effectually prevent this enormous
loss in the future. The immense i'm
portance of the cotton crop demands
serious consideration, as it consti-
tutes by far the most important
item in our table of exports. The
shipments abroad in 1875 amounted to
1912, $4,000; in 1877, $171, 118,OOO;
while our exports of breadstuffs were
$131 ,212, 900 in 1876, and $117, 1884, 900 in
1877. In view of these important facts,
it is plain that there is a subject Of ma
tional Importance that ought not to be
neglected in Difference to local. claims
and prejudices. At time when the
question of transportation is assuming
vast proportions, it would perhaps he
well to look abroad and observe some
facts OF great moment in this connection.
France is taking active measures for the
extension of her canal system in order to
resist the competition of German COM
mercial encroachment. Contrary to the
commonly received opinion that rail
roads have superseded water transporta-
ton, some French journals have recent
ly shown that such is not the case, at
least in France. The following state
ment from the Paris Union Rationale
will occasion some surprise to our rail
road kings. It says:
"Our internal navigation is still vital
enough to effect a saving to trade of
100000 francs. The canals and rivers
transported, during 1875, 1,721, 100000
tons Of goods at the small cost of
Att, $40 francs. IF these 1,721, OOO,O 600
of tons had gone by rail, the charge
would have been some sc, 100000 francs
in addition"
The existing state of things in this
country render facts of this kind worthy
Of consideration. -NeaO York Graphic
The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1877-10-04
Horrible GallOWs Scene.

Anderson Shif1ett was recently hanged
at Harrisonburg, Va, for the murder of
David G. Lawson. The Rev. Mr.. Barr
(says correspondent, describing the
execution) read the last dying statement
of Shif1ett, the important points being
that he had not killed Lawson, and did
not know who did kill him. During the
reading Shif1ett sobbed loudly. fire.
quently calling on God to witness that
he was innocent. At the conclusion of
the reading Mr.. Barr shook hands with
him, and Sheriff Ralston asked him to
stand up. While the Sheriff and depu-
ties were pinioning him Shef1ett repeat
ed many times that he was innocent, and
called loudly as the black cap was drawn
over his face for the Lord Jesus Christ
to have mercy on his soul. At 9:45 the
rope sustaining the trap was cut by
Sheriff Ralston, and the gallows rope
broke with a snap, resembling the ex-
plosion of percussion cap. Shifaett
fell into the pit beneath the scaffold,
helpless mass There was not sound
for forty-three seconds. The first words
he said were "Oh, Lord you know
I am innocent! Why must [ suffer 2"
He was then helped from IKE pit and
laid upon the grass. He turned upon
his stomach and for several minutes
moaned most piteously. The rope used
was of white cotton and three-eighths of
an inch thick. At 1908 another rope,
a hempen one, fve-eighths of an inch
thick, was placed in position, and
The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1877-10-04

No sooner does there promise to be a
fair yield OF salable staples and gener-
Gus distribution of merchandise than all
the spectators Jump to the conclusion
that the Eden of sudden wealth has
come back again. Quotations are pushed
up in the grain market and the stock
market beyond all probability of realiza-
ton or Of productive value; the coal
producers demand another dollar per
ton without apparent reason in supply
and demand, and everybody makes
push to get back to the state of things
which, in more rational moments. we all
identify with unhealthy expansion, and
with a rapidity Of getting rich which we
do not seriously expect to see return.
This constant struggle to get back what
we ought to let go is the chief obstacle
which meets every reviving influence.
The effort to assume and impose value
where, as yet, none exists, or where it's
nominal existence is due to fraud and
ought to be wiped out in the long run of
trade equalizations the endeavor to
raise the moderate profits of this era to
the swelling per cents. of other days
these are the stumbling blocks in the
way of settled prosperity.
The acceptance of low prices, low
profits, low wages, low valuations and
the biding of them, will distinguish
business for some time to come. These
conditions are cons istent with prosperi-
ty, and we shall call ourselves prosper
Gus when employment at living wages is
offered to all who ask it. We see all the
favorable influences and facts in the fall
situation which are visible to everybody.
but we regret to see them forestalled by
a speculative delirium inappropriate
and disproportioned to the occasion. It
is like the laborer with a destitute fam
lily who, when he is offered days work.
gets his wages in advance, and dissi-
pates with grand drunk the hours
which should have been devoted to
toll.
Of course, there is no need of worry
ing. Values will drop back again in
due season, without our assistance. but
it is proper time to remind spectators,
corporations and people in general that
modesty of expectation and of greed are
more appropriate to the time and more
helpful to the general welfare. It is for
the general interest that everybody
should have at least half loaf before
the scramble begins for the whole one,
for only on this condition can the &C
emulation of surplus become general
and the means of expenditure universal