Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1878-06-21

A national bank in New York State, with
deficit of about $40, 900. was closed last Fri
day by order of the government. Had it been
any other kind of n bank it might have run its
liabilities into millions, and finally collapsed
without dollar in assets; and yet numerous
friends of the workingmen called national
banks II curse. The advantages they enjoy
are more than balanced by their security
Phiiddelphid Times.
The Saratoga Springs board Of education
has reduced the salaries of all the female
teachers to $500 reduction of l6I per cent.
The salary of Andrew Trombee, professor of
vocal music was reduced from 81 900 to $500,
but the principals of the high and grammar
schools were re-employed at $1,000. That
record of the board of education should be
handed down to pOsterity as beautiful exam
pie of how little knowledge man could have
in the nineteenth century and still exist
Trey Press.
We think so too. After gentleman or Ia
dy has spent years in fitting himself or her
self for the important~duty of educating our
children, to place the system of compensa-
ton on u level with common laborers, in no
sense skilled in any pursuit shows a succumb-
ing to popular clamor for economy which is
disgrace to any board of education. As the
people generally view it, too often, the train
ing of the future men and women of this re-
public is left to persons whose services can be
hired for a less sum than would cheerfully be
paid for the care of choice dairy of COWS or
n fancy horse. - BeHniagtOn Banner.
Some of the best republicans in Congress
| sincerely believe that the vote of Louisiana
fairly belongs to Hayes. Senator Wadleigh
who went down to New Orleans to investigate
| in 1877, believes so. and he is rs honest and
| intelligent man rs there is in the Senate.
| Mr.. Edmunds thinks so, l am told, that
| n majority of the votes actually cast were re-
publican, but that, if fair election had been
| held. it would have been so, and under Louisi-
ana law as it then stood the returning board
had full power to rectfy all wrongs of that
sort. A monstrousy dangerous power, no
doubt and often exercised fraudulenty but
ms an offset we have on the other side intimi-
dation, violence and whatever was necessary
to ''bull-doze" the negroes Washington Cor
| Springfield RepuJAcdR.
Nothing whatever that scorches so much as
| a thread of the Presidents garment has been
established by scrap of documentary evil
dence or by the testimony of any witness
whose oath should carry feathers weight.
According 10 present appearances Mr. Hayes
| walked on the Anderson matter with upright
circumspection, and brought out clean boots,
though the road was very muddy In this re-
spect the developments undoubtedly, fall far
below the expectation of the promoters of the
investigation. II OStOH HerdM.
The entire amount of gold in the world at
present is estimated at nearly seven billions
| lS7, 900. 600, 900 of value in United States
| coinage. A billion is such II big number that
the average mind scarcely takes it in. A
thousand million is more readily comprehend
ed consequently seven thousand millions
means more, verbally and financially, than
seven billions. How much solid gold would
that make Pure gold is more than ~ times
as heavy us water, and Il cubic foot of water
weighs |, 600 ounces avoirdupois. A cubic
foot of gold would weigh, therefore, over 49,
600 ounces avoirdupois, and each such ounce
of fine gold is worth, as we reckon, rather
more than SlS so that cubic foot OF the
precious metal would have value OF about
$3.50, 1888. cubic yard of gold, being p
times as much, would be worth over $1,000
600, and 700 cubic yards would contain con,
siderably more than the whole sum of gold
on the globe. All of it might be contained IN
a block some II feet high, % feet wide and
80 feet long. This is pretty considerable,
as the rustics say but if it were all in the
Treasury at Washington, most of the Demo
Gratis would not think it half enough for tho
resumption of specie payments.-N. J
Times.