davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1878-07-23
insubordnate as ever. But, as we said the
other day, we think it is little too quick.
SOME CURRENCY FIG URES.

SOUE CUHhENC1 TIUDhEc
Under its present management the Treasury
Department has prepared more full, prompt
and detailed statements of Its operations than
were ever given to the public at any previous
time. Therein Secretary Sherman has rem
dered many public services, but another, OF
no small importance, he has performed by
the very timely publication of detailed ac-
count of the currency outstanding each year
since 1859. In this statement, all Govern
ment notes circulated as currency are IN
cluded and the notes of State banks. More
over, the actual purchasing power IN gold,
of all paper currency outstanding each year,
has been calculated, ana it is safe to say that
the results will be most surprising to the adj
vocates of initiation. For it is plainly demon
strated that the progress toward resumption
has been one. not of contraction. but of actual
expansion in the purchasing power of the cui-
rency outstanding. A moderate decrease III
the nominal amount of notes circulated has
resulted in 80 large an apprecIatiOn that there
has been an actual increase in the gold value
and purchasing power of the entire paper cir
culatiOn. The smaller amount has been rem
dered more efficient than the larger amount
was two years ago.
The scope of this statement is such that IL
omits, very properly. most important item,
Fractional currency is included, as part of the
paper outstanding, but tho reduction from
$40, ,SS1 ,295 G7 in 1874 to only T16,547,-
768 II in 1878, though it appears properly
as a reduction of over $29,OOOOOO III
paper currency, has been more than
balanced by the introduction OF small
silver. In like manner, the larger paper
currency has been reinforced by the cir
culatiOn of trade dollars in large amount
and standard silver dollars and Mexican trade
dollars in smaller quantities. Moreover, an
exact statement of all the currency in use
would take into consideration the increased
availability and use of gold as reserve in bank
vaults and elsewhere, and its use az currency on
the Pacific Coast But the object of the
Treasury statement was to snow the
variation III nominal amount and III
actual valne of the paper currency only
the following the Treasury statement Is
abbreviated the amount Of bank notes
State and National, is shown for each
year, the entire amount prior to 1864. and
very large amount prior to 1866 being the
circulation of State banks; the amount oi
legal tender notes outstanding each year on
the 30th of June is shown and tie third
column gives the amount of paper cur
rency of all kinds, including beside bank
notes and lcgal-tcnder notes, the one
aud two-ycar notes Of 1868, the com
pound interest noes OF 1868 and 1864,
the old demand notes end the fractional cur
rpncv The fourth column shows the actual
value in gold of the entire paper currency
outstanding, at the price Of gold July ! each
year:
New-York tribune., 1878-07-23
Inoes TO ADVERTISEMENTS.

ADJUSTMENTS Sd Pa0c-6th column
BAEKRUfT NOTICEs-6h PdGe-6th column
BOARD AND ROOMs--3d PdGo-6th column.
IlUsINEss NOTiCEs-1fh PGge-1st column
CoPARTHEEsHR NOTiCES-2d Pdqe-6th eOhmh-
CoRPORATIoN NOTICEs-6M PdQe-5th column.
DIVIDEND NOTICEs-7M PaGs-6th cOlumE'
IxCUEsIOSs-30 I0ge-6th column -
EUROPEAN ADyERJIsENIENTS-3d PdQe-6th column.
FnSANciAI--7M PaOe--6th column.
INsTHuCTtON--6ih Pdqe-2d and 30 cOiuhns'
LAW sCUOOLs-6fh PGge-1th column,
IEGAI NOTicEs-6h ia0e-4th column"
MARBLE AND SLATE MANTRIS-6Ut PGqe-6ih coIuihh'
MARRIAGES AID DEATHS-5hh P00e-6th column
MIgrFII ANEOUs-Sh Pd0c--Jth ana 6fh columns'
MUSICAL INsrRU3ENrs-3d PdGe 9th column
NEW PUBIICAIIONs-0M Fage-2d column
lROl,osA sAIs--6A PG0e-5th cOuInn - -. "a
IEAr Estate For SArP-BRooKLYS-3d FGge-zu
column 4: CoUNTRY-2d Pd0e-2d coiumD 10 EA-
CHANGR-3d Pdqc-3d column.
SAVINGS BANKs--7M PcGe-6th column
SPECIAL NOTiCEs-5t5 PaGS-oth column ,
SITUATIONS WANTED--NALEs-3d Pdd5-4th cViulnh :
FENAIEs-3d fQge- Sd ard 4th 60 uulus , e.,
sTyAMBoArs AND RAILROADs-3h Pdge-oth ana ON
columns.
sTFANERs OCEAN-3d PaGe-3d column,
SIf,MER RoARD-3d Paoe-4tB and 9th columns
-IEACHERs-GM PQG6-4 TN column.
The TURF-;3d Pdge 9th column. - a.,
40 LET-COUNTRY PROPERrI-3d Pdge-zd anu %"
columns.
New-York tribune., 1878-07-23

genef: OF all the literary men whom have ever
s on he hos tho most distinguished appearance. II
s. thar he has Longfelows face upon Summers figure
1t may give rough impression Of bm; but he is really
not quito 20 tall though hc the talIest
an ia the Congress land his face, with the genali and
colcrng of Lonefelow's, has an air OF more positive
force 1t seems to the only safe rule 10 de-
scribe private conversation and VIII only that he
makes q more marked impression Of personal kindness
aud sweetness Of nature than any European author
WON ! have met except perhaps Browning may
add that Turgenef speaks French perfectly and
English with hnency and that he seems 10 hayea
cordial feeling toward Americans.
A correspondent writes as follows from Ber-
lin of Prince Bismarck: lie lives generally at the
Radzwil Palace which has lately been purchased by the
German Government and added to the old Foreign Office
next door At the back is large garden called here
Park, and originally cut of from the Tnier Garten, or
Bos de BouIogne Of Berlin. 1t is surrounded by high
walls, and great Chancellor when he walks there, is
carefully watched by the police. and protected by
his now celebrated dog, large, smooth black boar
hound. which has succeeded The famous Sultan NIo
hardly ever ventures into the streets of Berlin. and
indeed comes to the capital as little as possible. In
conversation his manner Is frank and cordial; he talks
English books who has read most OF them; and
he seems To be possessed Of thoroughly encyclopedias
mind. IL his habit after dinner 70 stroll upon the
terrace the back OF his palace and to pun volumes Of
SMOKE tom an enormous china pipe with long cherry
possessed of any OF his intellectual powers but they
baye inherited at rate, their fathers vigorous and
massive frame"
BERLIN, July 22.-The Emperor William,
the Empress Augusta and the Duchess OF Baden TO
BabelsDcrg to-day.
New-York tribune., 1878-07-23

This statement corresponds exactly with the
official record, excepting that notes OF STATE
and National banks are added together for
" bank notes." the minor forms OF currency
as above mentioned, are included in " total
"paper," aud the formal statement of tine
quoted value of paper dollar in gold on the
1st of July each yenr Is omitted. The COM
parison places in strong light several interest
ing facts.
1.) The bank currency alone is more am
pie with respect to population than It was be-
fore the war. The gold and SILVER coin does
not appear but forms nearly as large a part
of the currency and bank reserves now as 1t
did in 1860.
(20 The reduction in lcgai-tenders since
1SGS-1S73, when the country enjoyed extra
ordinary apparent prosperity, has been less by
$40, 100000 than the increase in bank circu-
latiOn since 1868.
(3) The nominal amount Of the currency,
all notes included though less now than it
was after the panic is actually greater now,
when the addition of silver is considered,
than it was in the prosperous years 1868
1871, inclusive.
a. The real value, or purchas ng power of
the currency, is now greater than it has been
in any year hitherto except 1865, if paper
alone is considered, and greater than it has
been in any year if the addition Of subsidiary
silver in place OF fractional notes is taken
into account.
These conclusions, however startling to in-
flationists, also deserve very careful study from
those who advocate sound currency, and es-
peclally from those who are in the habit of
reasoning that the volume Of currency controls
the movement of prices. At n glance, 1T
is plain that the known changes in general
prices since the war cannot be explained by
the changes either in nominal amount
or actual value of currency outstand-
ing. Prices are now little lower than in
1860 or any year since, but the nominal
amount of currency, silver included, Is greater
than 1t was in 1S69-1S71, and the gold value
is greater than it ever has been. While these
figures will rudey disturb many theories, and
will prove especially fatal to the heresies of
Inhationists, they may also warrant some
modification of methods, if not some reconsid-
Grafton of opinions, on the part of those who
most ably advocate permanent restoration
of The currency TO sound basis,
New-York tribune., 1878-07-23
TILE GERM1N CRLSLS

In asking our readers to make careful
study of the letter on the German crisis, which
is set before them in this issue, we must not
be understood as accepting the authors con-
clusons. He manifests many of the symp-
toms of that political disorder which has
spread from town to village IN the Father
land like a medieval plague. In making his
plea for Young Germany he falls into many
of the mannerisms of Socialist literature His
convictions and preiudices are thinly yelled.
He looks upon the pair of assassins who fred
their shots at the aged monarch as madmen of
sad memory. According to this view the
reaction which their barbarous crimes have set
in motion is panic terror of which Prince
Bismarck has been quick TO make the most,
while the political campaign which viii be
brought to an end by the general elections
week from to-day is reactionary plot by
which the future of the Empire is menaced
New-York tribune., 1878-07-23

chances OF stealing another mans seat Under the
circumstances the assurance of Mr. Pattersons coi-
vention in passing a resolution condenning fhe
monstrous frauds by which tho will OF the people
was set aside, etc." was cool enough to chill any
yagrant hot wave that might have been wandering
in the vicinity of Pueblo Col, on the 18TH lnsi.
Just because somebody happened to speak OF CaleD
Cushing for Congress, it was needless cruelty 10
rake up that old story Of his letter. in 1861 to his
Dear friend" President Davis, recommending
good Democrat to that potentate for Confederate
post office.
The managers of the Elevated Railroad propose to
put their cars in petticoats That is queer way to
keep them quiet.
New-York tribune., 1878-07-23

TRIBUNE EXTRA No. 40, now ready, con-
ans among things Professor Aods Insssnoa sn "a @ sy
address post paid on receipt Of 10eentS 1HE TRIBUNE New
York.
New-York tribune., 1878-07-23

The country expects to hear from Syracuse
to-day and the indications are that the coun-
try will not be disappointed. Mr.. " The
Allen, it Is understood, has already accom-
plished large expectation of roughs from tins
city in the interest of Mr. Shupc, the editor
of the organ whose times stir up portion of
the party to such tremendous wrath. FiOm
Elmira, on the other hand, as our correspond
ence shows, delegation goes for the express
purpose of dragging Mr. Shupe out OF the
party by the hair of his head Usually people
are read out " of parties, but the Nationals,
having discarded the old organizations and
the old polite fOTmalities, are not likely TO
do any reading" when they can settle the
matter more quickly by knocking man
down and jumping on him. Then Syracuse
ITSELF being a centre of Greenback influence.
has all the materials already on hand for
first-class breach Of the peace. When it Is seen
that the Elmira delegation is headed by an
ex-shoemaker, who has spent ten whole
months in studying finance, and that one Of
the New-YOrk delegations has for a leader
the man who lately split Mr.. Beebe's nose, it
must be admitted that the phonograph
doesn't exist which could do justice to the
racket we shall probably hear.
New-York tribune., 1878-07-23

There is nothing ore curious than the bits Of
gossip which arise nobody knows from what, as
sunc considerable proportions, and then disappear
like exhalatons Of the morning. Journalists whose
business 8. is 90 hndo whether there any thing in
them, cauuot aways tsace them to ther origin, and
naturally tnc difficulty is all the greater when It is
definitely determined that there is nothing IN them
at all. A hundred eases might be cited of alarming,
startling. thrilling. exciting rumors, never salts
faciOriiy accounted for, and many of them of a
kind which seemed 20 BE- altogether aimlcss, to have
no bearing on the stock Market nor bulling, for that
mattor-to b las, told purely aud simply for the
sake Of telling them-to De absolute romance aud
sheer, pup)selcB invention. Sometimes a state
ment true enough In itself rs it passes from mouth
to mouth gets so altered. twisted, exaggerated, null
tplied and colorcd, so par1died and plraphrased,
that It's own father would not know IL. IL grows
With going. Each narrator adds something to 1t, or
makes It more wonderful by taking away something
from il. Old names are elminated-new ones are
inserted. lie never gets its growth-it swells and
stretches until il is finally aud emphatcally knocked
on the head. A Boston case n case in point
reverend Catholic had said that "a distinguished man
would soon join the church." The quidnuncs se-
lected Professor Longfrllow-why, will probably
never be known. Compelled TO drop him, the quid-
nuncs wont hit or miss right or left. II might be
Ex-Governor Chamberlain of Maine. or somebody
else whole recent Sunday was spent in trying to
find out who IT was; and when The weary invest-
gators went to bod they had interviewed a great
MANY people, but the distinguished convert was,
and still is missing.
New-York tribune., 1878-07-23

DAILY TRIBUNE, Mail Subscribers, $40 per a1nuIn.
EFMI-W WFFKIY TRIBUNE, Mail Subscribers 50 pera an
WEEKLY TRIBUNE, Mail Subscribers, - per ahnnh
Terms. cash in advance.
Uptown advertisers leave their avorsf for lHE hu
atl23s Broadway. Slstst or sos W. 23dst cor oa'e
New-York tribune., 1878-07-23
anslnrss Ncnres.
IN oppoRTUNITY NOT IN EMBRACED.

AN OPPORTUNITY NOT YET EMBRACED.
EToaa me Trsbdne Of Aprii 22, 1873
The folonV table OF total payments TOT postage on regular
editions Oi the several New Ok papers thoa, ~,
Ter ending March 81 1873 has been made up Tor us ro the
'i"0''N i'"''' iIlg Weekly. wsss,go Io,e ,se 90
Times. lbtl - 4UJ ~ P552255 s50IS S0
fo apuTecate full force Of these figures II shou De
borne m mind that TE TRIBUNE having no SUNDAY ssne has
but six aDes i'm the against each oi th oes
and that consequently OneXth should be added 70 me os
s e arges on It's Daily order make the comparison m
M sh0nd also remembered tEa the postage Deins eh
According 10 weight the figures o. The Her9d are enormously
swollen BY it's almost Constant triple quaaFupe anu d
nc sheets OF ne Times by the extra heaNy "VOu
paper which its Waiter presses compel II 70 ns. Aur
all cOnversant with sueh hatlers
furnsh an absolute OF the relative crculatons ~ Ioo
several Ilpers In Weekly aud SENT weekly edOhs
the OutOf0wn crCuations OF ulies
we have ALREADY offered for the satisfaction OF aoNetef
10 units with of the other eghipaged papers ~ aS
Cerned statement ID ueti ~
nj paVments Of postage by the several papers conort 70
be nnbisbed cO9sicunusly by each To remove a uomg
We now hereby give 10 Postmaster Jaiss ta no hs
Dur lul furnish Immediately, 10 the p0ohstI
exact statement oi the
and The Times leapect oi ~,
Dast quarter all the quarters Of me pIeiOs
gear on condition that UT mes saai 1st
writing from sand publisher his pledge 10 pl ~
the said statement exactly and cOnsmcu0usy Al Ine 9e W
bis editorial columns all the issues oil ms paper lor Vhe
week.
New-York tribune., 1878-07-23
RRANcm OTFICEs oF THE TRIDUNE.

BRANCH OFFICES OF THE TRIBUNE
NEw-YoRK-No. l .23S Broadway, corner Thirty
,frst-st; No. 30S West Twenty-thlrd-st,' corner
Fiehfh-aye. No 7G0 Third-aye.. corner Forty
.seyenth-st ; No. 2.3S6 Fourth-ave lllarlem.l
NAsHINGToN-NO. ]. .335 Est
IONDoN-No 26 Bedford St.. Strand.
PARIs-No. - Rue de IN Monnaie.
New-York tribune., 1878-07-23

OF course there are not enough Democratic votes
in Colorado to elect Patterson. who has just been
nominated as a candidate for Congress but Pat
terson thinks It worth while once moro TO take the
New-York tribune., 1878-07-23

The trial OF the fOregn-ofiice clerk Marvin, who
communicated to The Globe the text of the Anglo
Russian agreement scems to have been watched
with considerable interest in London and to have
resulted i'm a lively interchange of compliments
between The Globe and the lawyers and various
unfortunate disclosures and chickering's among
the newspapers. Marvin was discharged; the
absnrdity Of holding a man for the coHstruc-
tive larceny of that intangible piece of
property, secret, was evident. In reviewing the
case The Globe stated. with some force, the same
principle for which THE TRIBUNE contendcd, when
1t published in advance of everybody else the tcxt
Of the Treaty of Washington. namely, that IL is no
part Of the duty of a newspaper to keep the Gov
ernments secrets for it, but the Government
must do that work for itsef-if it can.
Public documents belong TO the public and al
though il is sometimes convenient and proper that
they should be withheld for awhile from publica-
ton, it by no means follows that the judgment of
Cabinets Congresses is infallible to the most
fitting time and manner of giving them out. At
any RATE the editor of newspaper is not bound TO
submit his own opinion on this point to the opinions,
whims aud interests of public official or political
party. If news comes to him. he is entitled tojudge
for himself whether il ought to be Published. Often
he decides that Il ought not to be- But as a gen.
eral rule more mischief is done by keeping Govern
mcnt secrets than by letting them out
New-York tribune., 1878-07-23
,Neu.alork Daily grikaGate.

ROUNDED BY HORACE GREELEY.
TUESDAY, JULY %. 1878.
New-York tribune., 1878-07-23

Ohio Democrats have been looking over some of
the old speeches which Senator Thurman delivered
before he joined the Ohio school Of financiers
There IL much sound doctrine in these old speeches.
which Ohio Democrats would do well to heed, but
their reading has only served TO shake their con-
fldence in Mr.. Thurman. They now call upon him
TO hold up his right hand and swear that he is
saturated with the new idea, and they give
many other indications that they arc far from
thinking so we'll OF him as they did If Senator
Thurman has also read these speeches, it is chari-
table TO hope that he has opinion of himself
than any one else has OF him.
New-York tribune., 1878-07-23

Persons Tearing torn Jor the season. and Summer
trcrellers can hare The DAILY TRIBUNE mailed to
fem. postpaid Jer 81 per mORH, Ae address being
changed as often as desired.
New-York tribune., 1878-07-23

and how would Judge Mcclure suppress his
periodical eruphons of Democratic grammar
and anti-Tilden fire? He really wouldn't be
comfortable, and it would be better for him
to wait until Judges can make stump speeches
from the bench, and can settle cases by COM
ing down into the forum to crack the crowns
of the laNvvara
New-York tribune., 1878-07-23

The anti-Tilden Democrats in this State
have discovered that Mr. Tilden is alive and
busy. 1t might have been money in their
pockets if they had found this out at an
earlier date-say ON the moining of the fifth
of March, 1877
New-York tribune., 1878-07-23

comfortable, and it would be better for him
to wait until Judges can make stump speeches
from the bench and can settle cases by COM
ing down into the forum to crack the crowns
of the lawyers.
The first of Lord Beaconsfelds rewards
comes in the shape of admission to the high
est of British orders, and one of the highest
in all Europe. The Queen has been graciousIy
pleased to make her faithful Minister one
of the "Knights of the Golden Garter"
and it would be interesting to know whether
she intends to be gTaciOusly pleased to do
anything more for him. For time, at least,
it may be distinction enough to have admitted
this man of success to an order hitherto re-
served in recent times for soveregns and
leaders in Europe and small number of peers
in England
For a convincing commentary upon the
cOld-blOOded economy of the Democratic
House, we refer our readers to letter,
printed on another page, from gentleman ot
this city who backs up his statements with his
name The Signal Service has been as much
an object of Democratic hostility as any other
branch Of the Government upon which
economists" could cncrOach without treading
on the toes of their constituents, and no one
would be surprised to be told that the aupro-
priations made for it were unequal to the
proper discharge Of it's functions but this ac-
count of the miserable plight of the brave
men who stand guard for the Signal Service
on the top of Mount Washington throws
grim shadow on Mr.. Randalps tabular an
nouncements of successful savings. AS the
writer says, Mr.. Bergh would soon be on the
track of any one who should treat his beast as
the United States treats these men. 1t is time
somebody formed Society for the Prevention
of Cruelty to Government Employees. Is there
no Bergh in COngressf
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1878-05-29

iron 20 build tho road TO a point at or
near the twenty-mile point, and would
have had II In sight Of this twenty
mile point by The 10th Of February but
for Tho refusal OF the Rolling MIL TO
send the iron,
II should no borne In mind that the
city Of Dallas has about ono hundred
Thousand dollars interest In this road
and that citizens living along the line
and beyond the terminus are interes'
ted In the road being kept up ana
completed, THE HERALD proposes 10
alft this matter 10 tho bottom, ana
VIII protect, In 30 far M lts abnity Hes,
tho peopie, who have more Interest IN
the road than tho Kansas Rolling
Mil, from any enoroaohments upon
their rights.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1878-05-29
Financial Circles.


Everything was quiet among oil the
banks In the city yesterday, ANA no
percOplible effect on the feeling OF COM
iidence which prevailed before the
suspension OF the State Savings bank
existed, A few small depositors In
the First National drew their money
before noon, but every demand having
been satisfied by this bank, IN well M
all the others, the TACT OF the suspen'
sion Of the State Savings was In u
measure forgotten before the close OF
business yesterday evening. Every
bank In tho city has ample means to
satisfy creditors on demand, and II IL
now believed that business In Imam
clnl circles will continue uninterrupted.
No new points were ellclted concerns
Ing the failure of the State Savings,
the report In The HERALD day before
yestt rday having been exhaustive OF
the subject In every point Of detail II
was stated yesterday that a meeting Of
creditors would be called Mt an early
date by the asslgnoes one OF whom II
now at work adjusting and arranging
| itA affairs.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1878-05-29

The best Ice cream freezer In the
world ut low prices, at the China Hall
IT.
Fly traps and fly covers at China
Hall,-tf.
Ladies', look round and be con-
WINGED OF artistic styles, good work
on lirst-class material AT low prices, ut
S. Iralson's, 5l2 Main street.
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1878-05-29
Happy SaInbO.

The dusky.hued toiler OF the soil
when he HES himself to his nocturnal
couch after II days hard toll, has the
consultation Of knowing that he Is on
favorable terms with Morpheus, who
catches him in his arms and with rest,
brings to him bright visions of the
Elysan fields all planted with huge
watermelons. The "busting bank"
and the all absorbing Eastern question
have no terrors for him, and the pid-
ding of political cliques and rings
never muddle his unsophisticated
mind. Verify, "where ignorance Is
bliss it is folly to be WISE"
The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1878-05-29
sni, for Damages Against II HaIIrond

Uncle Jerry Brown, overseer OF the
county farm, fled suit against the
Houston and Texas Central railroad,
yesterday, in the district court for
fifteen thousand dollars damages
claimed by him. While en- route to
the farm some time since with two
prisoners. he had some words with n
iellow-passenger when the conductor
put him of the train, causing him to
loose his prisoners besides delaying
him. This IL the cause Of the suit.