davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25
nn1r TIE DERrORs NAY SrEFER.

Demagogues who lead in attacks upon the
Nations credit, often represent themselves as
working in aid OF the debtor class, as against
the creditor class OF the community. The
losses by reputation vii; fail, they say, upon
the creditors; whatever is thus abstracted, by
n reduction of the National debt Will accrue
to tie debtors. The dishonesty Of this PROPOSE
ton is obvious; It's fallacy has been pointed
ont in many ways. We propose 20 indicate
how some portion of The lOss-pr0baDly Il very
large poItion-wiIl fall upon debtors.
In ease some of the measures for repudia-
ton become law, whether in the form Of the
Silver Bill, or in more direct shape, The mon
eyed institutions Of the country will be among
the first TO feel the blow. A depreciation of
United States securities will, Of course, compel
a contraction of their loans. 4 veiy SIMPLE
process of addition sill show hat the loans of
state, National, and savings banks, and of
trust and insurance companies, amount to
more than the wh0lc bonded debt Of the
United States TIE debts of these debtors
outrank the investments of the bondh0lders,
foreign and domestic. 4 contraction of the
loans of National and State banks will fall
heaviest on the commercial community. IL
will also render the bank securities which or
dinarly are marketable at profit, unstable
except at a loss. The National banks will be
in some trouble, but at that circumstance the
regular repudiating denagosue may rejoce.
Let us see what will happen elsewhere.
Evidently, when the market is in a condi.
ton bordering on panic, State, city and Gov
eminent bonds cannot be sold except at loss.
1t would be bad financicring, at&uch time.
to sell what are called cash securities. Yet
the insurance companies and the savings banks,
holding altogether over $215,000,O0O in
United States bonds. will be obliged to real
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25

IL would be superfiuous to shy that there was
change Of weather Wednesday. and that the mercury
came nearer To zero than il has been for long
time Bat the wind was tho main feature, if We
may say so for it was D bosterous. bowling, rush
ing whistling grooming wind, such rs had not rat
tied the window sashcs of this city for great
while There were times when it required almost
perfect knowledge of navigation to cross from
10 corner. IL was n wind which needed humoring.
whether it assailed you in front or rear if
Won would not be- taken oil your legs and
blown quite away. First, it pressed you forward
then il assailed you upon the faceside and caused
you to retrograde; then under its sway. You went
zlgzag perfectly sober inebriate The statistics
merely of the hats which it took off and drove furi-
ously from their equally furious and hareheaded
owners would require great many figures. 1t was
nippingly and eagerly cold but the wcather-wisc
said that it would not be if il didn't blow so-as if
that made much difference. On the whole, however,
nobody was really sorry to have touch OF genuine
Winter. The temperature of the season thus far
has boon anything but exhilarating. Nobody wants
mugginess and mistiness in January. 1t isn't nat
urol the doctors say that it isn't healthy and we
dare say tho doctors right. What with defalca-
tons and tie limited skating, and the lack, about
total of sleEhing. we have had a MOE. melancholy
Winter; and We welcome little genuine cold
weather rs likely to start up the moral tone of So
ciety, stimulate tho charitable, and diminish
bilious fever cases. as well as cases of hydr0phobla
of which We have been panied to no
tice several yesterday. We suppose that, after
this Winter, nobody will deny that we have
an extraordinary climate. Yet the veriest growler
rs he yesterday looked up to the sky, must have
admitted that it was deeply and beautifully if not
darkly blue and for the sunlight it was as clear
and cheerful and encouraging as ever it has been
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25
Iu0cx TO- Advertisements


AwrsEMENTs-3 80 P0Ge-6th column: c., .,,
BANKING HOUsEs AND BANKERs-1h Pdqe-olh oo'"'
EOAKD AND ROOMs-3d PGCe-4th Counit..
BUsINEss CHANCEs-7M Pdge-6th column
BUsISEss NOTICts-4M Pdge-1st Column
COUNTRY BOARD-3d Pdge-4th column
DANCISG ACADEMIES-6h P0le-3d cOiuihn
DFXTIsTRY-Gh rdQe-3d column.
DIVIDEND NOTICEs--7M Pdge-6lh co!uuln'
DRY GOOpS-:d Pdge-5th column
TINANCIM-7M PdGe-5th ana ON colupinS'
FURyITURE-7H Fd1s-6th column ,
INsTprCTION-6ia Paced and 81 columns.
LECTURES AND MERTSGs-3d FGQe-4'h coluih''
lea NoTICCs-7M PaGe-6th column go ,
n.ppIE .yD SLATE MANfETS-6h Td0e-ith C"'ulhu'
MARRIAGE, ASD DEATHS-5th Fdge-bth eui,,Ala cen
AisCTI ! aSEOUs-:}d P0Qe- 4tb column ON Iage-o'H
column -, ~. c.h oo,,,,n
NEW PUBLIC TIONs-6M Pdge-lst ana "a coiuIhns'
PROPOsALs-7h F0Jc-Gih column. ~ -., ,,,,,,, .
RTAI FsTAtE FOR SALE-CITY-,d FdDc-otn coCiHn >
,OUSTEY-3d P0qe-jth column.
sans ny AUCTION-7H PGGc--6th column.
SAVINGS BANKs-7M PdQe-Gth column.
spFCIAT NOriCEs-5h PdGe--6th column.
St1U ,TONs WANTED-MAIES-6h luge-atn coiulnh ;
FEMALEs-Ctl FGgc-ith c0iun,D. a., "a s,
sTy tNBoATs AND RAILROADS Pdqe-4th ana ON
columns. -,
STEAMEIs, OCEAN-6H PGqe-3d column.
THE BAIL SEASONED PGgc-4th Column
IEACHERS-Gh f'Qge-3d column. -, ,
TO LEI-CITv PBOPERTY-3d PGgc-0th COiuHiu
CoUNTRY-:id PGge-3d and Attn columns
WINTER ftISORTS-3d PdQe-4th co'uian
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25

ize on some Of their securities to pro-
vide against peril. They will, in preference
10 the sale of cash securities ut
loss, endeayOr to foreclose upon bonds and
mortgages, class of loans which have so
large Il margin that even in troubous times
their full amounts should be recovered.
The savings banks hold, in round num-
bers, $4,000 900, the life insurance cont
pahics $218, 100000 OF loans on bond
and mortgage. Here, t)ier, are debtors
that are owing nearly $600,O0O,OOO who
are liable to he thrown into trouble OF
the most serious kind by the success OF repu-
diqtlon bills. There will ut such time be no
alternative for this class OF debtors. Foreign
capital at best is coy; when the National
credit is assailed, European lenders Will
have wholly disappeared. There will be
nothing in view but foreclosures on low
market for real estate. The number of per-
sons whose houses and farms must be sacri-
feed will far exceed that of the similar sui-
tcreIs in the past four years. The debtors VIII
lose more than the creditors.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25
OIL.

The misery, Just now, in Pennsylvania, Is
oll. That State, like the old woman IN the
nursery song, Makes Goals and oil the chief
of her diet, And so Leeps in her vitals eter-
"nal disquiet" The fight over the petroleum.
at present is between the producers and Amer
lean refnCrS, the latter backed by the Penn
sylvania Railroad, and the former, it Is stls-
pectcd, by rcliners in Belgium and Germany.
The Lii! now before the Legislature at Har-
rishurg, to authorize pipe line running from
The oil regions direct to Baltimore, by which
the oil may be conveyed a. once to seaport,
without paying freight to the railroads. Is
pushed by the Oil Producers Union, who
claim that they have right to the cheapest
mode OF transportation that the whole OIL
belt, from Pittsbnrg north into New-Iork, is
,ycbbed with pipes, and there is no reason
wny these pipes should not he extended to
Baltimore, New-York, or any other seaport
that il ready to put money into the uEdertah-
ing.
The Pennsylvania Railroad opposes the bill,
which, if passed, will cost ii T2,OcO.O0O an
nIally. Philadelphia is against it, because
She has S., OOO, 900 invested iii this road, and
is now the chief shipping port for petroleum.
Tie opponents of the Pipe Line claim, too,
that il will throw the whole refining industry
into the cities of Europe, as the oil will be
brought in Il crude state to Baltimore, and
thence shipped direct. More than 100000 men
are employed, they assert, in Pennsylvania
alone. in the refining OF oil, the cutting Of
timber and making of barrels, i'll of whom
will he thrown out OF work. They urge that
the difference in loss OF profits TO this coun-
try, by throwing the refining trade owe. the
water. viii be from So, 900, 900 to $50,
100000 per annum.
The Pipe Line Bill. as orr readers may
have observed, has passed its first reading,
and the fight grows hotter each day. Sir Luz
cius himself would find it a very pretty quar-
rel as j. stands.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25
NETWORK DAILY TRIBUNE, FRIDAY, JANUARY 95 1873.

absurd misconceptions of the music OF Herr
"Schumann,r to which he attributed almost
every imaginable fault from thickness" to
"friyolity," from "beavy commonplace" to
"extrayagant mysticism and it sounds al
most like the language of compliment by COM
parison with the reckless denunciation he
hurled for years at the progressive musicians
of the Wagner school. Mr.. Chorley, il in some
respects a very bad critic, was in others a
very good one. He was a sincere, earnest
and accomplished man; he elevated the
tone of his profession because he re-
spected it; and he had enough literary
skill to make his essays attractive even to
those VINO felt only lul,ewarm interest In his
subject. But his critical judgment was gov
erned by his Individual tastes and prejudlces,
and those were always narrow. lie dld not
understand how there could be progress or
change in art after Mendessohn; and to hint
that the ideas aud methods of the classical
masters of his time were capable of further
development, seemed 10 him an impety. Ills
influence, therefore, became unnaturally re-
strictive, instead of stimulating, and art soon
burst the futile fctters that he strove to I'M
pose upon it. He lived long enough to see
his public slipping away from MN, anu hiS
writings are quoted now only as curiOsities.
In short il may he said that having fallen
asleep in the temple, he was pushed out
and knocked on the head.
The same fate must Overtake all critics who
mistake, as Chorley did, and as some Ameri-
can critics do now, the duties and privileges
of their calling. The proper function of criti-
csm is to discover and point ont the best
thought of the time. 1t should devote itself
to no one school alone. and ally itself with
no clique. Ii shonld remember that vigorous
at is always undergoing some chfnge, and
the best rse of critic is to watch every indica-
ton of n new growth, and distinguish gem
uipc development from perishable and hurt
full excrescence. The true critic aid the true
artist then work together in the advancement
of the same good cause and the creative &C.
tiviy of the one finds appreciation and en-
couIagement in the responsive mind OF the
ether.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25
Nsau'Uork Dailn Grimm,
FRIDAY, JANUARY %, 1873.
THE NEWS THIS MORNING.

FOREIGy.-The British Government announces
that it will apply TO Parliament for supplementary
credit for precautionary preparations. - The
Earls of Derby and CarnaIYOn have rendered their
designations to the British Premier. - The Porte
has been informed by Russia Of the conditions Of
peace. - The Russians captured nnety-seVen
guns from Suleman Pasha.
+ DoMEsTIC-The New-York delegation in Con-
eress has agreed to recommend the bill prepared by
the Commissioners Of Emigration at New-YoIk
City. - Arguments have been made by General
Bussey and Mr.. Trenholm before committees at
Washington, in favor Of steam lines TO Brazil. -
Mr. Schurz is annoyed by General Shernns
communication of j. G. Smiths Administrative n
The President entertained Mr. Bristow ct dinner
last pryht. - review Of the proceedings by
which SurgeOn-Gcneral Hammond was cashiered
will he recommended to the House by committee.
In the New-Yorl Assembly resolution was
adopted referring TO the Attorneys tho qles-
ton whether tine present Legislature has the right to
reapportion the State. The Fish-WooGin Char
ter for New-YOrk City introduced for the third
time GO The w-JeTsey Senate confirmed the
judiciary nominations for Hudson County; there
is much doubt about some of the others. - A
Baltimore coroncr's jury condemns the use OF
calcium lights in theatres.
CONGREsS.-The Senate received numerous petit
tons yesterday upon the tariff silver and alcohol
traffic questions; Senator Lamar made very iorci-
bic speech against the Matthews resolution; Sen
ators Conkling, Thurman and others took part IN
the discussion - The House spent the whole
day upon the Steamboat Bill, and finished all except
the last paragraph.
CITY AND SUBUBBAS-Cutting of freight rates
grows more extensive, and active warfare against
the Grand Trunk is to begin Immediately. -
The Society for the Prevention of Cruelty
to Children held its anniversary yesterday
Tho Mayor will fill the Excise Board
vacancies this week. - Extensive repairs are
necessary in the Post Office - liCmOrs OF a com
promise by Thomas Lord were denied. - The
Alumni of the College of the City of Eew-
York protested against its adjustment. =-
Four deaths from drunkenness, one under distress
ing circumstances, were reported. g. Cold 10ll2
1OI3s. 1Ol12 Gold value OF the legal-tcnder dollar
at tho close oslo cents Stocks dull and lower
closing feyerish.
THE Manufacturers local observations ind
cate gradual increase of warmth and clOndness
preceding rain. Thermometer yesterday, 2O'
So, 90.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25
aluusemsnts anO ffleet,nss Co. Might.

Booru's THEATRE" Hamlet" Booth
sRHoApwAY THRATRE-"Ruy Bias" Fechter.
FIrIH AVENUE HALI-2 and 81 Heliers ohielTs'
FIFTH AVENUE THEATRE" Camille MING NiO'"eS"'"
N, los GARDEN" Dukes Motto
L. M THEATRE-" Risks"
sax Francisco MINsTREIs. - -, .,
Tug ATRE FRANCAIs-" Barber OF SeYliIe- $3.50,
fSto. ot,AEE THEATRE" A Celebrated case
WAILACh's THLATRk-" School,
Association UAII-Iecture. john landesman
FCRPro's assembly RooMs-Caed"nla Ciuo Dan"
MN AMERICAN MUsEUM-Day and Evenlng Che
Nrw.YoKK AoUARIUM-Day and Evening. fieeoh 0noN
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25

The manner of the demand for a pardon of
certain Chicago defendants seems to show
that, if there is anything in the world moro
lmpudent than whiskey thief, it is whis-
kew thefs LAWYER.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25

since the sun first rose So there is no freak Of A.
weather which has not its compcnsations go
whoever says it isn't important in respect OF oths.
things than crops must have one of those neeatIv.
constitutions which miss as much of enjoyment :.
they es cape of petty discomfort.
There are very few American citizens to whom a
has not occurred at some time that the Americ..
plan Of paying formal honors TO deceased sena,or.
and Representatives might be improved UNI,
Unfortunately the subject is never supeess.s
until a day has been set apart for fuper,I
OratOry over some eminent person long .ns.
dead when, from motives of deicacy, CRITICS..
is postponed until after the solemnities The eer.
mony over, no Congressman thinks Of dying, and a
course, no one worries himself about what |, h
come after death, and it happens that the matt,
rests until another great man is taken away Then
IN the course of few months, there are more eulo
gies, after which, "out Of respect to the IA.
ceased,n rs the Washington dispatches ,av
the Senate or the House, as the ca..
may be, adjourns at p. m. Without any reference
to recent events, it is wcll-known that on sow.
memorable occasions this oratory has been the "a.
verse of Impressive and If the practice Of "descna
ing a day. etc, has really become an institution
imbedded in the general structure Of the Govern.
ment, il would be well to take some measures "a,
insuring supply Of eulogy which in quantity ard
quality will be appropriate TO the occasion. Them
are only two classes from which funeral orator,
should be drafted. First. the small group M
friends whose intimate relationship with IN.
departed enables them TO speak Intelligently
OF those phases of character which statesmen do not
always display to the public and secondly tho
group quite as select, who have some recognized
talent for this specific form OF eloquence. But tho
practical difficulty still confronts tho reformer. and
unless some scheme can be devised for shutting of
those estimable persons who are afflicted with
chronic desire to talk, there is but the radi.
cal one of abolishng the custom entirely. And why
not ? What grounds are there In reason or scntl.
ment for its continuance
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25

Fortunately for the strength of its record.
the present Legislature seems determined TO
repair the omission of its two pr deccSsors, ana
to reappOr'ion the State. Tie uttoranceS OF
members of both parties in The Assembly yes
terday leave little doubt on tins point While
the Attorncy-General is known to believe that
only the Legislature of 1876, as the
first which met after the census had the
right to make rcapportionment, and
the Assembly voted Yesterday to ask his opin-
ION. it is easy to conceive that they may not
feel themselves bound by it. 1t Mr. Schocn-
makers Interpretation Of the Constitution Is
correct its trainers have made it easy for
few members Of one Legislature ont OF every
ten 10 fasten TIE present arportionment upon
the State for an indefinite number of years.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25

Massachusetts, proposes to set a good ex-
ample by enacting that that small fraction OF
the State debt which is not expressly made
payable in gold, shall now be declared so
payable The East will soon be solid or 4
cold basis
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25
Mcclellan would have been comparatively
nowhere on the morning after election.

Mr.. Ell. Godkn makes the suggestion, IN
another column. that, in view OF MI YIN
sted's removal, the number of the Park AoM-
missioners should be reduced TO one. kcspoh-
sib;Iity for the almost certain deterioration OF
the marks wonld then be go clearly fixed that
the single Commissioner would be apt TO TAKE
measures against it, which couid ho' DC eA-
pcctcd of q Board where each man III tuIn
can dodge fault-findiDg. If this plan WCuiu
secure the prompt retirement to private ne
of the gentlemen who have dismissed Mr.. oilh-
sted, the public would he easily reconciled to It,
What promised to prove On exception to the
prevailing rule of failure III strikes, has now
been added to The long line of unsuccessful
labor revolts. The cigar-makerS' strike, that
was cheeIed by the music Of brass bands anu
aided by daily supplies from outside organlza-
tons, has collapsed, after brave struggle OF
four months, and the men are glad 10 get
back TO work at the manufacturers TERMS
All the recent precedents are against The SHOE
makers of Lynn, aud persistence on their paIt
will Only increase the cost of the conflict ana
the humiliation Of the surrender.
The House of Representatives, yesterday,
fixed, so far as its action can do 50, the re-
sp0nsibility Of owners Of steam vessels to per-
sons who may be injured, whether in person
or property, by explosion. fire, collision or any
other cause. Owners are made liable for tbc
fun amount of damages when the passenger has
not been negligent and there has beer fail
IRE to comply with the precautions required by
the steamboat act or suggested by common
prudence but where the casualty occurs With
out the fault of the owners, they are liable
only to the extent oE their interest in the YES
sci. Where damage is the faulr OF MASTER
mate, engineer or pilot he nav be sued and,
on conviction, may be Imprisoned not to eA-
coed three years.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25

We observe by the report of the directors of Cirard
College Just issued that but one boy from TINS city
was admitted to that institution last year, the first
instance in which the benefits of this great charity
had been extended outside of Pennsylvania During
this month and February, however, 1l6 additional
pupils will be admitted from ten to fifteen Of these
places yet are vacant. Among those admitted New
York and New-Oreans are represented. With thess
1lG pupil, there will be So many ma the present
buildings will accommodate. Now that the gates ars
opened to poor boys outside of Pennsylvania, il viii
be of interest to our readers 10 know that
the capacity of the college will he increased
until the maximum number Of pupils, 900. Is
reached. An attempt was made this week to APP
propriate the surplus income Of the college lesti
mated at from 5000 900 to $500 900 TO city uses
But il was decided by Judge Brewster that such
surplus must he devoted to charging the building
and the number of pupils until the limit, $500, Is
attained chapel is now in progress Of erection
capable Of SEATING over 1000 pupils. The enormous
capital loft by Grard for the support Of this charity
is carefully invested and hence there is every
son to hope that with each year there viii be
wider chance for fatherless boys in this city TO OBJ
ain home, thorough education and a start in
life Application should be made 10 the secretary
of the Board Of Directors The dozen vacancies
last week were caused by the exclusion Of brothers
and the old rule that applications must be made two
years in advance
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25

Senator Lamar has made his lOng-expected
speech and an able and brave speech it was.
AS he pref ced it with the remark that he
should vote against both the Matthews resOlu-
ton and the Bland bill, those sanguine per-
sons who said he would talk ono way and vote
another are now out Of their misery.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25


The intention OF the British Government to
aopIy TO Parliament for auth rity to spend ad-
ditiona money Oh military preparations, Is
ouite in accord with the impulsiyc dis
rostion Of the Premier. So far the
Government has felt itself est0ppcd by
Sir Stafford Northcctc's dcrlaration last week,
at the opening of Parliament, that it would
not apply for additional powers until Russia
had formulated the conditions Of peace. when
it would be IN . position 10 determine whether
British interests were mcnaccd. Bat Russla's
terd.nefs is too much for Lord BeaconstielC. With
his usual disregard Tor consistency, lie now
finds that England is in danger, and may
need more ironcads aud rifles TO keep her
self from destruction. The drift OF events
alone can determine the Importance OF
his menacing proposal. The authority which
Lord BeacOnsGald seeks was granted to Mr..
Gladstone, end used discreetly by him during
The Franco German war. But circumstances
have changed so much that what was then a
precautionary measure may now be cause OF
serious mischief-Ihe Icsignati Oh & OF the
Earls of Derby ard CarnarvOn adds greatly to
the gravity of the situation, aud affords
abundant room for conjecture. As both favor
peace their secession will force Lord Beacons-
field to seek new Ministers fayOrng war
measures, o. perhaps impel hi!a to appeal 70
the eounfTV.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-25

kilograms from ConStantnoDle state that
Russia has at length informed Turkey Of the
condition Of peace. AustIia and Germany are
understood to have been taken already iato the
confidence Of the Gar, while up to yesterday
afternoon tie British Government was pro-
fessedly ignorant OF the terms which Rus
sa intended to demand. The conditions are rc-
ported to comprise the freedom Of .he Daldan-
ellcs. the ccssion OF portion of Armenia, and
material guarantees for a war indemnity. The
last named exactl0n is vague enough to be the
most important of all. 1t may mean claim
which Turkey cannot discharge, AMI which will
entail thcOccupaticl OF bulgaria, or the trans
fer OF part OF the Ottoman feet. Meanwhile the
Russians are marching on, and the frightened
Turks see an army of Coz sacAa IN every stray
horseman who approaches Gown on the con-
qucror's line OF advarcc. With Turkey in
such extremitics. the Car has strong induce
mcnts t. let the sword complete the work it
began.