davidaulloa/AmericanStories huggingface dataset:
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02

Washington Special July ii.
W. ". Harding. editor and proprie-
tor of the Philadelphia Enquirer. was
here to-day. looking after his paper
contracts with the government. Upon
all such visits he pays his respects to
the authorities. He says Sherman is
the most unpopular man in this conn
try:that he is bringing ruin and want
upon the nation. 4 Philadelphia bank
president told him ''that Sherman's
course and resumption in 1879 was
nothing more or less than the tinan-
cial ruin of the nation and prostra-
ton of business. from which there
would not be recovery during the
present century, He asked the bank
officer why he did not bring the mat
ter before the clearing houses. and to
this was answered that it would look
like job of the banks. and the people
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02
HIS THERE BEEN VT'RiC
IIOE-2


A year or two ago the cry of the
hard-money men was that contraction
OF the currency was necessary and
salutary. Now, realizing the awful
results Of the system upon the bust
ness of the nation they declare that
there has been no contrdction,
Let rs see:
The Comptroller Of the Currency
has called for report from the ma
tional banks showing their condition
at the close Of business Friday, June
%, 1877.
The Comptroller OF the Currency
has made his statement showing the
issue and retirement Of national bank
notes and legal tender notes under the
act Of June 20. 1874. and January IA.
1875, to July /, 1877.
The amount of legal tender notes
deposited for the purpose Of retiring
national bank notes under the act of
June 20. 1874. was as follows:
From June-zo, 1874. to June 3O.ls76 S25 523. 05o
For fiscal year ending June 30. 1876 81, or. SIC
For fiscal year ending Ju ne 30, 1877 12,O57 ,l37
Total s9s, 6oo, SOP
Amount national bank notes retired
was as follows:
From January IA, 1875, to June 30 1875 sl5lg3ls1
For fiscal year ending June 30. 1876 x3s $40 9Oy
For fiscal year ending June &c. 1877 z50N 167
Total So. os5 7ss
Amount additional national bank
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02
THE INDUSTRIAL CRISIS.

We devote good deal of space this
week to the outbreak of the mem-
ployed. half-fed Workingmen of our
country. The cruel and heartless pol
icy Of the capitalists has bred the very
results we predicted. While we have
no sympathy with acts Of violence.
and while we recognize the fact that
order must be re-established at any
cost or society is destroyed. neyerthe-
less one indignation passes by the
wild multitude. dashed to fury by
years of suffering. and attaches itself
to the designing men who to increase
their personal fortunes. have brought
this great calamity and disgrace upon
our nation. They are the real Grim
inals.
We quote the following, from the
New York Uofid:
~ number of persons. more or less
prominent in the financial world. came
lp on the Long Branch boat this af-
toIuoOU Win Gil thT. lD tDubt. u
early operations in Wall street on
Monday. among them Mr.. Jay Gould.
vino singularly enough. has been pre-
dieting the disorders now raging in
Maryland and Pennsylvania. and their
probable eXtention to the Pacific
coast. for some time past. The pres
ence of Mr.. Gould Oh this occasion
excites ;as much remark among Wall
street men as it did on the occasion
of President Grants generally unex-
pected veto Of the imitation bill. d.
rectly in the face of previously q we'll
understood agreement TO sign. To-day.
however. Mr.. Gould was not accom-
panied either by Gen. Rufus Ingalls, or
by Senator Jones. of Nevada. He
came on board the boat alone but was
soon surrounded by inquirers. to whom
he readily impaired all the worst
news in his possession. He carried
in his hands a perfect sheaf Of tele-
erams.a number Of which he was kind
enough to read aloud. Among them
was one propheysing an outbreak on
the New York Central TO take place
precisely at midnight all along the
line. Mr.. Gould makes no secret of
his opinion that the events in Mary
land and Pennsylvania are the Begin
ming of a great revolution. achich can
not be arrested until it has led to the
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02
WE'LL PUT.
disease.

That able Democratic journal. the
st. Charles (Minn.) Times. thus puts
the argument upon the financial issue.
Il is to be regretted that so many of
the newspapers of our state pass by
these great questions with lndlffer-
ence. while the rest of the great west
is profoundly interested in their dis
cussion:
.There is no reason why a green
back dollar, backed by the pledge OF
Is 100000 of people owing $s30,000.-
600 900 of property, should not pay
any debt, not otherwise pledged. that
q gold dollar will pay. BY abollshlng
that pet institution of the republican
party. the national bank system. which
costs the people Of this country over
500 100000 annually to support. and
enact that the government shall issue
..greenhacks" sufficient for the bust
ness needs of the country. which shall
be a legal-tender for all dehts-eNcept
those heretofore pledged to ne paid III
coin-both private and public, lnclud-
inc duties on imports. and YOU will
have Il circulating currency costing
but tritle which if not quite will very
nearly approximate to the value OF
gold and specie payment can then be
resumed without depressing any OF
the business interests of the country.
We would then be in fact resting
upon a hard money basis. the premium
on gold would.a least. be exceedingly
small. because a greenback dollar
would then be able to accomplish Just
as much is u dollar IN gold. while 1t
could be handled more conveniently
in the transaction of the general bust
ness of the country. But it Will be
asked how will the government get
gold to pay the pledged gold interest
on the public debt We answer. she
can go into markets and buy it the
same as she is buying silver to-day for
fractional silver coinage. land the extra
expense. if any, will be borne by the
whole people equally. But how shall
we be able to pay our foreign debts
with the balance of trade against us
Repeal the infamous tariff law .sthere-
by encourage ship building.an Amer
lean genius will soon dot the ocean
with ships bearine!aloft the stars and
stripes. and the tables will soon be
turned and the books Will then show
balance Of trade in our favor.
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02

would say that he was either a fool
or a rascal.
'.Precisely so. And you would be
right. Now take the same view OF
resumption. | think the passage of
the resumption act was without eX-
cuse, and its repeal IS unnecessary.
The fact is, these things will work
out themselves, and they can't be
worked out by legal enactment. You
can t call a town meeting and resolve
that ona certain day you will pay Off
all your debts in gold and silver and
expect the world to believe it. The
people know better. The truth is
we have been doing mighty we'll the
last eight years, wonderfully we'll.
and | expect by and by that we'll get
our debt cancelled, but it went an
swer to do it too fast.
1T took England long time to re-
sumo even though her debt was held
at home. There wasn't, consequent
". the drain of gold from her.
Yes, it took England twenty-one
wears to bring about a return to spe-
Gle payments, and here we are trying
to do it in practically half that time.
because nothing was really done to-
ward it fer several years after the War
closed. It commenced really about
eight years ago. 1T that time gold
was forty. Now it is five. \ few
years ago Hugh McCulloch undertook
to decrease the national debt by retir-
ing $4,000, 900 Of greenbacks every
month. He did this awhile. until 1t
became evident that he was exhaust
ing the government. He was drawing
Of its life blood too fast. he was
weakening it. And 50 he had to stop.
l tell you what we most want IS pa
thence. We can't do everything in Il
day or avear. We are doing we'll. but
we mustn't exhaust ourselves.
And the greenback. Mr.. Delano {!
NV ell, / am willing to let the green
back take it's chances. 1t has served
us Il good turn in times past. III not
disposed torevile it. I'm not in favor
of increasing its volume, but am will
ING to let it remain where it Is.
There is no use Of trying to dog it out
OF existence. because we're not going
to get anything in its place that IS bet
ter or more convenient.
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02

destruction Of the republican form Of
government ~ this country and the es-
tdbiishment Of monarchy. He said
he would gladly give million dollars
to see Gen. Grant in the White House
to-day. In spite of these doleful
views Mr.. Gould was IN rery good
spirits. and seemed to contemplate the
coming of the general confagration
as serenely as if he had g compete mo-
nopoly in the trade Of lucifer matches
and petroleum"
Think Of that, Mr.. jay Gould is
Gin very good spirits over the de-
struction of the republic and the es-
Establishment Of a monarchy. And he
would give one million dollars to see
Gen. Grant il the White House, so
that he could suppress the republic
and establish the monarchy Of
course he would: and make hundred
millions by the operation.
And this is the proprietor Of the
New York Tribune. the successor of
Greeley the great representative of
Hayes and the republican party and
the determined advocate of the policy
Of contraction and resumption.
And The has been predicting this
outbreak for some time past Yes ::
he knew that he was helping make the
burdens of the people greater than
they could bear, and that sooner or
later his devilis!l policy would result
in universal anarchy and pave the way
for q monarchy.
In the presence of these events how
horrible now appears the squahbles of
the people last year about the negroes
of the south! Where is the ..bloodv
shirt now We have go5 something
bloodier to wrap ourselves in than
any shirt the south ever saw. The
civil war was child's play compared
with this revolution: that was Il wa,
of sections, but this strikes down to
the very roots Of order and the very
foundations of the republic.
And with this volcano rumhling
and groaning under our feet PETEI
COOPER received only 10000 votes
out OF eight millions. and The rest
were nearly equally divided between
a railroad lawyer Of New York. and ;
shallow accident OF Ohio. Shame
shame CT the American people. thai
could be 50 b}ind-folded. deluded ant
led astray.
What is the remedy TO organize
a great political party whose corner
stone shall be the rights of man a.
contraaistinguished from the right
of property, to bend the whole power
of government towards arresting tht
selfish. grasping. cruel tendencies o
capital and building up the prosperit,
and the happiness of the multitude
and by wise legislation once more Sc
every mill. factory. mine and sho
humming with cheerful industry.
Have the American people sens
enough to adopt this remedy "
almost doubt it. Capital is scared bu
it is Unsuitable. 1t will look for ia
Gould's remedy. monarchy; but lon
before that is reached they and a.
they have will sink in sea of bloc
that will remain to history the horro
of the centuries.
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02

MOVING.

The Ohio Democrats have adopted
the Greenback platform,-the repeal
of the resumption act, the remonetlza-
ton of silver, the preservation OF the
greenbacz and the interconVertlble
bond. Good
1t remains now to be seen whether
the Democrats Of Minnesota have
learned anything during the past two
years.
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02
An exchange says:

An exchange says.
..When the stomach clamorS- Wnen
the back is bare, and the hands ana
feet are cold. there is little place IN
the mind of any person except !of
thoughts relating to the satisfaction
of the animal When the New OK
Prison Association state. as they 90,
in one of their reports, that crime Is
increasing in New York and New
England and in other parts OF TINS
country in an alarming ratlo-lh d
ratio greater that IS manifest III EHa-
land and Ireland-th present Il case
which is not to heprln1rlly remedieu
bv the preaching Of sermons or the
singing of hymns. And II hall the
time spent in preaching sermons ailIt
in singing hymns. and IN metaphysical
discussions us to whether the rope Is
the imam or sin. ami whether
modern culture tends to inlldehty,
were spent in inQsiiring why II IS that
in this country. with all the elements
of abundance. we have enforced lole-
ness, increasing poverty and, collse-
uuently. increasing CRIME, why Is IL
that people who pass out OF churciieS
and tabernacleS where sermons are
preached and hymns sung. pass out
into an atmosphere 50 cramned with
unnatural necessities that overcome
virtue. and with artificial temptations
to do wrong 50 powerful that human
nature. as ordinarily CONSTITUTED. can
not resist. there would he more souls
made happy in this world. and more
probably saved for the neNt.than there
is now.
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02

Equivalent to United States gold coin $685. $40
'The population of the United Kingdom
as determined by the census OF 1871 was
81 ,Sl7, l0S. Assuming the number to have
increased to $4,000 900 by the end of 1875.
the average amount of currency per capita
circulating i'll the United King don by the
end of 1872 was about equal to sol As in
United States gold coin. 4 \ * X It will
also be observed that notwithstanding Great
Britain is OF small comparative space, and
money clrculates rapidly. vet Great Britain
has an average OF IS per head greater
amount OF money in actual circulation than
we have, they have S2l.4 and we having
only sl6.''
GERMANY.
''Let US now turn to the money OF Germany
The returns from all Germany in reply to a
circular issued by Bismarck, presents for
North Germany, W hich is the only part com
plete, the following results:
Estimated amount of COR (thalers) 1872 4:,5, 1862
Coin held in reserve by the banks l00,OOO,00O
Coin in the hands of the people 532. 455, 1862
Notes in the hands of the people (thalers)3 59 42
people 49,, 5ol
Equivalent in United States gold coin $357,772097
THE population Of North Germany in 1868
W
at the date to which the above statement re
ters, the average amount OF currency per
capita was SIS. 90 in the United States in gold
Now, tabulating the results above given
in the gold currency OF the United States.
we have the following aggregate OF the whole:
Popua- Total crcu- Money to
France $500 900 S1,3l637O,000 S36 90
Great Britain 32,oGoooo 6s6,42l54o p 45
Germany e9.gO6.2H 557, $685. 97 Is 20
Total s.. lo6,2l7 s2,56o, 55s, 537 $50 90
''I'hus the three most commercial nations
of Europe have $40 per individual more
ing we have deducted from the amount OF the
notes outstanding the whole reserve Of gold
for their REDEMPTION.
CONCLUSIONS
Mr. Mansfield made these pertinent re-
marks on the statistics we have quoted:
''We have not given these facts for the sake
OF convincinga any body that we ought to have
more money but simply that those who think
upon this bect NAV have the exact truth
upon which to found their arguments If
any man thinks that the greatest commercial
nation IN the world except one Great BRITTANY
ought to have less money than any other, |
shall not reply to him, Tor he is beyond argu
ment Let those who hold the opinion that
a nation whose foreign commerce amounts to
Isl 200, 600 00O) twelve hundred million OF
dollars per annum, and whose international
commerce is tcrr times as great, doesn't need
an amount OF money equal to Germany. with
less than half that commerce, think so if they
please. But neither they think 50 or not,
intelligent people need and viii take note Of
such facts as are here presented"
OF what crime have the American
people been guilty that they must
longer suffer by q system which in
creases the volume Of their debts. de-
creases the value Of their property
negatives all the efforts OF enterprise
and industry!
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02
WHOLE NO. 100.

circulation issued was as follows:
From January IA, 1875 to June 30 1875 S59l9, SIS
For fiscal year ending June 30, 1876 800
For fiscal year ending June 30,lS77 IL, 463 500
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02
-, i06,2l7 S2,560, 5G3,637 s.

Total 9S, i06,2l7 $3.50, 5G3,637 $50 90
''i'hls the three most commercial nations
of Europe have $40 per individual more
money than we have and notwithstand
ing we have deducted from the amount of the
notes outstanding the whole reserve of gold
for their redemption =
The anti-monopolist. [volume] (Saint Paul, Minn.) 1874-1878, 1877-08-02

MOVEMENT OF WAEAT At MiLWAt-
kEl1 AND CHICAGO.
The following shows the movement
of wheat at Milwaukee and Chicago
during the first six moaths of 1877 and
1876:
RECEIPTS.
1877. 1876.
Milwaukee, ........ =. Ill .ooo 9.oio,oi3
Chicago. ........l 'o3,-29 o,i29,-oo
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-01-28
A PECULIAR CASE.

LIMB OF THE LAW WHO DID NOT GET HIS
FEE-AN OUTCOME OF THE ASTORIA EUR
GLARY.
In tho Brooklyn City Court yesterday, before JUS
ticc Reynolds counsel for Mrs. Margaret Stark plain
tir in suit for limited divorce against John Stark Of
No. 242 Fourteenth street, made motion that another
counsel be appointed in the place OF James W. Ridg
way. In an affidavit of Mrs. Stark, which SUBJ
mttad ia support Of the motion, It Is
charged that Mr. Ridgway made un,ruthfu
statements. which were intended TO mis-
lead her. II Is also charged that Mr. RI tgway acted
collision with tho defendants In the suit brought
by the plaintiff. Mrs. Stark says that Mr. kidgway
Roberts, who arrested ono OF tho Astoria
masked burglars and convicted IN tho Queens County
Circuit Court during the past week. Her hus-
band agreed 10 pay him u counsel fee OF $500.
and to do this ne had to mortgage their
property for $780, Mrs. Stark states further that she
refused execute her part OF the contract She al
legcs she was offered 800 by Mr. Ridgway to do so,
aud declined to have anything more TO do with her
divorce su saying that he would give hcr the papers
in the case and gel square with her." Sne further
alleges that he kept possession OF the papers AMI told
her he would DO her counsel Tor nothing II she
would pay him a large fee. Mr.. Ridgway, In
affidavit states that he was to be paid for his
services and that he did not offer them gratis. He
together with the He denies having told Mrs.
Stark hat he would get squire with her and he refused
to her 800 for her signature Tho Court directed
Mr. Ridgway surrender the papers he had Ia his
possession in tho interest OF tho suit Of Mrs. Stark
upon her giving him her note Tor The sum OF $50
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-01-28
NORTH SIDE ASSOCIATION.

IMPROVEMENTS ON THE HARLEM RIVER AND
IN THE NEW wARDs-THE QUESTION OF AS
sEssMENTs.
The North Side Association met again yesterday
afternoon at Alonzo Carr's hail. of i3sth
and Third avenue. AS this was the annual meeting
quito large number OF the members were present.
The president Nj J. Crane, occupied the chair, and
IN the absence o: Secretary Mr.. +. Morris, Mr..
H. l.. Morris took his place. The reports Of the Rapid
Transit and tho Local Improvement committees, which
were read ut the meeting last Saturday, were road
again, and then that OF the Harlem Rwer Improvement
Committee was read. IL stated that some improve
ments had been made since last year in the Harlem
River and spuytcn Duyvil Creek, and that considora
BILE sums OF money had been expended In draining and
removing rocks from the Harlem River below the
Tlird Avenue Bridge. The also brought in
memorial to he presented 10 the House OF Rep
tatIvcs, wherein they ask for an appropriation OF
$500, 0CO for ry ng the work OF Improving
river. The memorial has at present over 200
signatures. The report OF General Newton. embodied
In II, has already hecn published In the HERALD.
The question OF assessing inc property owners of The
Twenty and Twenty fourth wards exclusively
street openings aud improvements to be made on the
north side OF This CITY was next brought up, and
letter from taxpayer expressing the general feeling
OF the people IN the new wards against tho idea, was
read.
WHAT TAXPAYERS WANT.
The association then by resolution requested the
Commissioners OF Estimates and Assessments to lay
aside the methods of political patr and 10 select
as their ngineer for the work the Engineer OF the
Department OF PubSParks in charge OF the Bureau of
street Openings order that the Tor tho
opening Of the eleven fronts and avenues in question
may be as small as possible.
Mr. John G. Beck offered resolutions urging the
ASSOCIATION 10 impress upon the Dcpar mcnt OF Public
Parks the necessity OF beginning The building Of the
bridge from l3Sth street over the Harlem Rivcrto
the head Madison the plan already adopted
Mr. j. b. Myers also offered resolutions requesting the
Harlem RIVER Improvement Committee tn urge upon
Congress tho great necessity OF commencing the i'm
porant work OF connecting the waters OF the udon
River with Long sand Sound, thus afordug long
needed channci Tor the commerce in COAL lumber and
Western produce, which at present has pass
tircy around Manhattan Island to reach the water
front OF this city Both Of these resolutions
ferrcd to the Law Committee.
The election of officers for the present year ucxt
took place, and resulted 10 tho election samuel r.
Fily as President Jordan l.. NJ oft ana Hiram Barney
Vice Presidents, Forcham Morris Secretary and
Richard NJ. Hoo as Treasurer. The meeting then adj
iourned I'll ncxt SATURDAY. at three O'clock.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-01-28
OUR FILTHY STREETS.

THE APPLICATION FOR MONEY TO CLEAN THEM
DENIED BY THE COMPTROLLER.
Yesterday morning General Smith, President OF the
Police Board, received reply to their communication
In relation to the street cleaning appropriation tide
the requests contained the letter. and sub
mitted to commissioners Erhardt and Smith, who in
tho absence oil Commissioners Wheeler and Nichols
did no, caro- to take any action in the matter.
Tho following is the important text Of the
Comptroller's letter ''Yours OF January D. making
a further requison Tor $50 19l 66onciweli'h oil the
appropriation Tor the Bureau OF street Cleaning for
the year 1s77-toeoihcr with copy OF The rcsou.
tons OF the Board OF Police authorizing such
requisition, has duly reached this department.
Upon examination OF the statutes In force rela-
tive to the payment OF the expenses incurred
by authority OF the Board OF Police | ind that
the Comptroller is limited IN his payments to Tho
Treasurer OF Police to such sums as shall be required,
not exceeding one.twelIth part of the total annual
twelfth OF the amount appropriated Tor street cleaning
the Treasurer OF Police the month OF January do
payment before the month OF February The
month for which the requlston Tor onc-twcIilh
part OF the Appropriation made should be statc1 IN
the resolution ordering the roqusition and request
that the rcquisiton Tor February be so amended, and
all future acquisitions shall specify the month to
VIII CHI they apply respectively. ] regret exceedingly
That ! cannot respond TO your requsition az Tins
time but the provisions OF the imperative and
shall be dIsTerarded.'