davidaulloa/AmericanStories huggingface dataset:
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31
The Bank of Glasgow.

The suspension of the Bank of Glasgow,
noticed heretofore, was followed by investi-
cation which developed huge frauds, COM
pared with which robberies of similar
kind in this country are mere piccadilloes.
The New York Times summarizes:
The statements of the banks condition
from time to time have been falsifed, the
assets being exaggerated and the debts set
down at far less than they really were, while
the books of che bank have been booked to
to correspond with these statements. Thus
the credit loans have been understated by
50, 633, 800; the good paper held has been
overstated by s4,635,s20, and 81, 100000 Of
wholly imaginary gold has figured in the as
sets. On the loans to four debtors alone
there is deficit of s21, 349 $50, and the to-
tai loss is $50, 1854, 9l5, or, in round numbers
$31 100000. The most amazing of these
falsifcations has been in connection with
the reserve of gold declared to be on hand
against circulation, which has been deliber-
ately overstated by at least 81 SOC, 900. This,
it is said, involves the Directors in penalties
OF the seyerest character. einvite the at.
tention Of those who may have listened with
any favor to recent attacks on our own bank
ing system to the fact that 80 far as the cir.
culasing notes are concerned, no such frauds
as were practiced In Scotland would be nos
sible here. No amount of perjury by bank
officers could lessen the security Of a Nation
al bank note by one cent.
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31
Two National Pictures.

In January, 1861, so low had the credit OF
the Government fallen that the Secretary of
the Treasury suggested TO Congress, as a
financial resource. that the several States be
asked, as security for the repayment of any
money the Government might find it neces-
sary to borrow, to pledge the deposits re-
ceived by them from the Government under
the act for the distribution of the surplus rev.
enues in 1886, the Secretary believing that a
loan contracted on such basis of security,
superaddiag to the plighted faith of the
United States that Of the individual States,
could hardly fail to be acceptable to capital
lists. rt.e
That unhappy epoch has happily passed
away; and not only has that era of high
rates of interest and of ruinous discounts
necessary in borrowing money to insure our
very existence as nation become thing OF
the past, but the same National Govern
ment which was then about to borrow the
credit of the several States to bolster up her
own falling credit, has since paid the war
oObto Va bAOoC OldtCS dilu LIDS VASTLY I6QuCGQ
the debt of which those smaller debts made
no slight amount of the sum total has
called in the loans made at high rates of in
terest, has practically resumed payments
upon specie basis, and finds it difficult to
furnish bonds at ridiculous small rate of
interest to supply her creditors, who are
pouring in their securities bearing the higher
rates for the purpose ofreplacing them with
the new lower-rate issue.
And yet, looking upon this picture and on
that, there are those who question the poll
cy of the Republican party, which has pro-
duced these grand results, and who would
replace it at the helm Of State by Democrat
lc rule, which inaugurated the system of
borrowing money ats exorbitant rates of in
tere It to carry on the Government whose fl
nsnces it had bebauched, whose credit it bad
ruined, and whose fair and growing future
it seeks again to reduce to the financial level
of unhappy Turkey, that byword among the
nations, with their irre1eemable paper cur
rency. Verify, the times are out of joint,
indeed!
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

MAIL Southwark. connects at Gordonsville,
with Chesapeake and Ohio Railroad, for Staunton,
White sulphur Springs and all the watering pla-
ces on that line, and Eastward to Richmond and
South. At Lynchburg, connects with Atlantic,
Miss. Ohio R. R. through Southwest Virginia
to Nashville, New Orleans, Memphis, Little
Rock and Teyas-and at Danville, with r. & D..
R. R. to South and Southwest.
Express Southwark connects at Gordonsville
to all points East and West C. so. and at Danville,
within D. for the Carolinas, Georgia, Florida
and via Atlanta to New Orleans.
For Manassas Line leave Washington at IS a.
M and Alexandria, 90 a. M, DAILY, except Sun
day. arrive at Strasburg at IL 90 M, connecting
with the Valley Road to Orkney and Rawley
Springs. and all the line East and West. Leave
strasburg at 8 20 p M, Front Royal at 90 p. M,
connecting at Manassas with the Northbound
mail train for Washington and North.
For Warrenton leave Washington IS m and
Alexandria 90 a. m. daily.
All trains make good connections, at Washing
ton, to and from North and West.
New Orleans sleeper leaves Washington at 6 IS
M, running through without change.
Through sleeper for Savannah, Georgia. leaves
Washington So m.
Through tickets sold at the lowest rates.
j. NJ. BROADUS
!uen Is General Ticket Agent.
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31
NO. 80
How it Operates.

In reply to recent inquiries as to the circu.
lationi of National banks and as to whether
the greenbacks redeemed after resumption
will be reissued, Assistant Secretary French
has written d letter setting forth the follow
ing facts 9es.i3Hls 8 r! s-iittJn
First-That the loss of the circulation of
National banks falls upon those institutions.
and not upon the Government or people. A
National bank can not reduce it's circulation
without first depositing in the United States
1 Treasury greenbacks to an amount equal to
the proposed reduction. These greenbaeks
remain in the Treasury till the reduction is
effected. When National bank goes into
liquidation. either voluntary or involuntary;
greenbacks to the full valueiof the 'circula-
ton OF the bank are placed in the Treasury
and are permanently held there for the re-
demption Of the banks notes. The word
permanently" is used in the sense that,
even if some OF the bank notes are never
presented for redemption, the deposit for le-
gal tenders covering the amount that Is NOT
presented, still remains, and is not returned
to the bank; whatever of loss may result
falls upon the bank, while the Government
is correspondingly benefited. Nothing Illus
trates more completely and strikingly the
value of our present currency, standing as it
does to-day practically at par with coin.
No human being has ever lost dollar from
being caught by the failure of a National
bank whose notes he held. The notes are
just as good after the bank has failed as they
were before, and when its solvency was UNI
questioned and unquestionable, for the SIM
pie reason that the Government holds secur-
ity for the bank notes, which security can
not possibly be affected by anything that
may happen to the bank.
As to the retirement of greenbacks, Mr..
French refers his correspondent to the act of
May 81, 1878, which directs in the broadcast
possible terms that all greenbacks that may
hereafter come into the United States Treas
Try, from whatever source, shall be reissued
md kept in circulation. 3 siit q
Under existing laws, the circulation of
National banks is limited only by the de-
hands Of trade. The business of banking
open to all who can furnish the security to
protect the holders of their notes. The wis
ON Of this limitation is apparent. There
no danger that the circulation of papef
honey will ever become redundant. As
,ng as the greenback dollar is kept at par
nth coin the volume of legal tenders will
emain undisturbed. When the time comes
nat more money can be used probably,
apital will organize banking institutions
,r its issue. aa iigl4.e-
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

VtHIs SPACIOUS HOTEL. the leading
l. House in the Valley of Virginia. has recently
n the central part Of the city, only two blocks
rom either depot.
THE OFFICE is OPEN THE ENTIRE NIGHT.
and guests will be received or called at any hour
Special Suits of Rooms
for families or large travelling parties. Tourists
brated Weyer's Cave, and no less famous, the
Cave of Seven Fountains; both only fifteen miles
distant over a good road; the wonderful view
from ''Eiott's Knobb,'' and the scenery around
the city, to be witnessed in an afternoons drive
is the most beautiful in the mountains.
THERE is A VERY FINE LIVERY
attached to the hotel furnishing carriages to all
points at reasonable rates.
&B- Coaches and Porte1s in attendance at all
the trains to convey passengers and baggage
FREE OF CHARGE JNO, d. CROWLE, Prom
T. S. DAVIS, Clerk. MARI
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31
Insurance.
DIRE INSURANCE.

AS General Receiver,of the Circuit Court. am
very often directed to loanmoney on real estate
security:
In making the loans, as well for my own protec-
ton as that Of the borrower, require that the
property be insured against fire.
1t is Of course of the utmost Importance that
the Insurance Company issuing policies should
be perfectly solvent, L. that the assets are not
simply words and figures, but such securities as
are known to the policy holder to De 1st, solvent
and End, easily converted into money when me-
cessity demands it.
After careful examination of the liabilities
and resources of the
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31
AMBLER SMITR.
r. G. VINCENT,
Engineer and Surveyor.

OFFICE No. 10 W. MAIN ST., STAUNToN, VA.
Offers his professional services to the public in
Engineering and Surveying work of every de-
scription. including Typographical Surveys and
Maps, Examination of Surveys and develo pments
OF Mineral Lands, Surveying and Division OF
1 Farms and Lots the investigation OF titles to
struction of Railroads, Tramways, McAdam
Roads and Turnpikes. Engineer and Contractor
for the construction Of Railroad and Hi ghway
wood, or wood and iron combined. Plans tspectf-
cations and Estimates. together with prop osals,
will be made and submitted when desired.
Parties out of the city can address
E. c. VINCENT,
oct 17-6m Lock Box No a. Staunt0n va
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

We have near 500, 1000, 00Oin currency, to
which will be added, in few month, $780,
100000 in gold and silver, as fast as it may
be required. The national banks are pre-
pared to increase this present circulation,
through the system Of free banking, as rapid
ly as trade may require. The Government
is, in fact, now in condition to resume
specie payment, and thus give stability to
all enterprises, inspire confidence and en-
courage all legitimate endeavors. Notwith-
standing this, there are those, and among
them Messrs. Harris and Paul, who would
break down the system of finance which has
brought about this condition of things; de-
base our currency drive gold and silver out
OF the channels of trade. and give us a pa
per issue that would deprecate in proper
ton as its volume would increase, and I'M
settling all business calculations and esti-
mates. ,
It should not be forgotten that bill is
now pending in Congress, introduced, we
believe by Judge Harris, to repeal the 10 per
cent. tax on the circulation of State banks.
The enactment into law of such BILL will
open the way for innumerable State banks.
the issuing of paper money in illimitable
quantities, the imitation Of credit and values,
to be followed by another season of hard
lines that would ruin the people.
a-.
"THE FIRST Dose GIVES RELIEF.
Trial Bottles DR., Swayne's Compound Syr-
up of Wild Cherry, % Cents. The distress
ing cough, which threatened serious results.
is quickly cured before developing a fatal
pulmonary affection. For all throat, breast
and lung disorders, Asthmatic OF Bronchial
affections, Hopping Cough, Liver Complaint,
Blood Splitting. &C., no remedy is so prompt
and effectual as CDR. Swayne's Compound
Syrup OF Wild Cherry" ,-.
81 have made use Of this preparation for
many years, and it has proved to be very re
liable and efflcacious in the treatment Of Sc
we're and long standing coughs. I know Of
two patients, now in comfortable health,and
who but for its use I consider would rot now
be living. ISAAC S. HERBEIN. MD.
Straustown, Berks, county, Pa.
Price Trial bottles, rs cents large size,
81, or six for So. A single rs cent bottle
will oftentimes cure a recent cough or cold,
and thus prevent much suffe ring and risk OF
tie. Prepared only by DR.. Swayne 6 Sons
philadelphia. Sold by leading Druggists.
In Staunton by W. A. Tyree.
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

IF BADNESS OR DEFICIENCY OF HAIR
exists es OF II the hairis gray, dry or harsh,
the natural youthful color can be restored
by using London Hair Color Restorer >, tIa
most delightful article eyer introduced to
tne American people for increasing its oowtb
restoring its natural color, and at the same
time lovely hair dressing and beantif,er ~
IL Is totally different from all others not
stlcky or gummy, and free from all in,nnre
ingredients that render many other articles
obnoxious in fact it is exquisitly perfume5
and so Clearly and elegantly prepared as IN
luxury. "A0 0olleS
ASK your druggist for London Hair Color
ties, "a. Main Depot for the II s PIX c sao
North Sixth ST., Philadelobia. Sold h h., w w
r. Tyree, druggist, Staunton, va. ~
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31
GEORGIA
HOME INSURANCE co,
Of Columbus, Ga.
GEORGIA

81
have determined to give them all of my bust
ness or as least as much as they will accept.
For my own Convenience, have accepted the
Agency of this Company, and while my other du-
ties will not permit me to solicit business for
them ina general way, yet will be glad to ex-
plain the merits of the Company and take the
applications of rny one desiring to insure.
]. FRED. EFFINGER,
In my absence, parties desiring insurance or
information can apply to RORT. CRAIG, at the
office of Efinger, Craig & Grattan.
NAV a.
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

ITCHING PILEs.-The symptoms ingg
moisture, like perspiration. Intense itching
increased By scratching, very distress re
particularly at night as If pin worms were
crawling in aud about the rectum, the pri-
vate parts are sometimes affected if allowed
to continue, very serious results may follow.
DR.. SWAYNE's ALL HEALING OINTMENT
is a pleasant and sure cure. .i...s.
HOME CUREs.-We were great sufferers
from Itching Piles, the symptoms were as
above described, the use of Swayne's Oint-
ment in short time made perfect cure.
j. W. CHRIST,
Boot and Shoe House, 344 N. End St,
L. c. WEYMAN,
Halter, s S. Eighth St. Philad'a.
Reader, if you are suffering from this dis
tressihg complaint, or letter, Itch, Scaldo
Head, Ring Worm, BARRIERS Itch, any Crus-
ty, Scaly Skin Eruption, use Swayne's
Ointment and be cured, Sent by mail tn
any address on receipt Of price, Gin curren-
cy or postage stamps so cents a box, three
boxes 81 %. Address letters, DR.. Swayne
& Son, 22O N. Sixth Street, Philadelphia.
No charge for advice. Sold BY leading drug
gists. In Staunton by W R. TYREE.
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

A LEX. #. ROBERTSON,
n ATTORNEY AT LAW,
STANTON, VA
Will practice in the Courts OF Augusta and adjoin-
ing counties (.
Special attention given to the collection Of claims
and prompt returns made.
80 OFFIcE-No. 7, Burns Building. Augusta
Street. Sept. II. '76-tf.
HUDSON q PATRICK Emo. News At =. W
STAUNTON, Va.
Will practice in all the Courts of Augusta and
Circuit Courts of the adjoining counties.
Prompt attention given to collecting claims.
Feb Oily
WIN. B. HARRISON,
w fE AttOrney-at.Law.
STANTON, VA,
Practices in the courts of Augusta and adjoln-
ing counties.
Particular attention paid to the collection OF
claims and prompt returns made.
OFFICE-opposite Circuit Clerks office and
above the Law Library June 8-tf.
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

GEO. Nj. HARRISON.
~ ATTORNEY-AT-LAW,
+4s STAUNTON, VA.
Alley. r5 june 8-tf
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

DrestOn A. Baylor,
L ATTORNEY At Law,
AND SOLICITOR IN CHANCERY,
STAUNTON, VA.
Practice in all the Courts OF Augusta and adjoin-
ing Counties.
OFFlCE-The same formerly occupied by his
father, Col Geo. Baylor, Decd on Augusta street,
opposite the Courthouse. nov l0-1y
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31
Railroads:
PASSENGERS PURCHASING TICKETS
VIA THE
CHESAPEAKE 6 OHIO Railway
Will find it the best and cheapest route to and
Railroads:
EAST AND WEST

=
EAST AND WEST!
Smooth Track, Best Motive Power, Elegant
Coaches. Superior advantages for safety and
comfort in management and equipment OF
through trains. Attentive officers and good eat
ing houses. Sleeping cars on night trains.
On and after June 9th, Passenger Trains will
run as follows
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

wv c., vIRG. MIDLAND s. g. S. R. R.-JNO
w S. BARBOUR. Receiver.
on and after Sunday, June 9th, 1878, Passen-
ger Trains will run as follows
The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1878-10-31

For all points in the Southern States
Pass engers going South connect at Charlottes
vile by night train No. 4, leaving Staunton at
1120 a. m.
Freight and passenger train No. % leaving
Staunton at 1l:40 a. M, connect with Va. Midland
at Charlottesville for Lynchburg and the South
Mail Trains run daily except Sunday. Express
Trains leave daily.
For rates. reliable information of routes, map
bills, tickets and baggage checks. apply to
]. Fl. WOODWARD,
Ticket Agent, Staunton, Va.
CONWAY r. HOWARD,
w. NJ. s. DUNN. G.. P. s. Ticket Agent.
Engineer and Superintendent
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1878-07-03
FOLLETIN.
UNA PERLA In FL TANGO
PoR
rEODORO GUERRERO.
(CoSrrNuAc1oN.

Pero como su alma estaba alberta q
las impresiones, al conocer q Ernesto
de Santa a-Fe, simple teniente de caba-
lIerfa. Sc prendo de 81, y 81 passion tomo
an noco tempo tanto desarrollo que su
salud empez6 & resentirse, mucho mas
nor Ia oposicion de su madre, que Sc
empen6 on convencerla de que los mill
tares de poca graduation, no solo no
proporcionan ventajas en- el matrlmo-
MO. sino que neyan una vida azarosa
y agitada.
AaueIla consideration fue acaso un
incentive para ell amor de Magdalena,
manifesto su madre, impulsada por
Ia firmeza de su caracter, que Sc casa
ria con Ernesto, aunque SO vlese obliga-
da ( carecer de 5odo y q correr por el
mnndo detras de 81 como su asistente.
Ia nadre, fla en- su idea posltlvlsta, y
1nirando La question con la prudencla
del que estudia el poryenirA le hablo de
Il yiudedad, pidiendole de Rlazo el as
canso & capitan; pero al yer La decision
AZ loa i6yenes, SO VIC obligada 4 transl-
Or corsiquiendo de ellos que elsmatri-
,nonio se yerifeara on secreto, pnbll-
c6ndose cuando Ernesto 30 pusiese Ia
secunda chafretera.
una yez casados, sucedi0 10 que 81
lector sabe el secreto SO hublera roto
con Ia demasiada proximidad, ainque
nara guardian las apariencias el marido
iba de noche 4 aGomrahar { - muler,
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1878-07-03
GACETA DEL 2.

AL publican la Gacett el resultado
de la eleccion parcial de un diputa-
do 4 C6rtes por Aguadilla recaida Ell
el Marques viudo de Orani, Sc puso
D. Manuel Salto y Huelves Ell vez de
D. Martin que es su verdadero nom
bre.
Por ell Gobierno General Sc man
da sujetar las rifas y loterlss de los
particulares 4 Ia Instruction dictada
por la Regencia del RENO en- 2 de
agosto de 1870.
El 4 del corrente tendra lugar en-
la Aduana ell remate de varios medi-
camentos decomisados.
Por la Inspection de Minas Sc pro-
cedera del 5 al % al re:oclmiento 6
demarcacion de Ia charca salina
Consuelo,' sta ell Palo-seco, ba-
rrio de Pedernales, Cabo-rojo.
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1878-07-03

to que hizo en- la j6ven Ia noticia dada
por Gustavo de la Huerta dc que Err
nesto habia estado en- el bale, despues
de haber este asegurado que ell servicio
militar le habia impedido ir la noche
anterior q Yer q su esposa las palabras
de Gustavo habian caido en- el alma de
Maedalena como una bomba en- un pol
vorin. La explosion sin embargo, no
fue instantanea.
Ap6nas salio ell captain del portal de
la casa, levant5se Magdalena de impro.
viso Sc retro d su cuarto, dirigiendo
su marido ana mirada en- que lanzo
por los oios todo el fuego de su alma.
Me espera una escena POGO agra
dable, diio Ernesto, acercandose d su
suegra.
-Creo que no le regara v la razon,
repuso ella cuando una mujer vive con-
sagrada en- ell retro al amor de un hom-
bre, no debe este amargar sus horas :.
Me permi.ira V. que la interrum-
pa, senora, Magdalena no puede tener
queja de mi, porque la amo mas que el
dia en- que nos casamos.
-Obras son amores y no buenas ra-
zones, hijo mio, anadio la anciana, me-
neando la cabaza. Espero que sera V.
prudente 81 mi hija comete la tonterla
de pedirle cuentas de su conducta.
-Tendrs pacisncia, senora, murmur6
Ernesto, entrando en- la sala para ii al
cuarto de gu mujer.
Por las meiillas de la madre de Mag
dalena corrieron algunas l6grimas, que
hacia tempo estaban escondidas en- sus
ojos.
Cuando Santa-Fe penetro en- Ia ha-
bitacion estaba su mujer reclinada On
un sofa. con la cabeza escondida entire
las manos 81 no Sc atrevio & dirigirla
la palabra, no sabiendo 10 que debia de-
cirfe para borrar Ia impression de su
mentira, J permanecio callado algunos
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1878-07-03

segundos, en- que solo Sc ola la anhelo-
sa respiration de Magdalena, que sollo-
zaba por fin, compreLdiendo 10 critico
de la situacion en- que los dos Sc encon-
traban, hizo un movimiento impulsivo
con la cabeza y los hombros, y acerean-
dose al sofa, dijo:
Me paroce, Mag1alena, que NADIA
adelantas con estos arranques de tu ge-
nio es mas efcaz una queja que una
lagrima.
La i0ven levant5 la cabeza, con la
dignidad de una matrona romano miro
4 su marido, volviendo ( esconderla en-
ire las manos.
Hubo medic minute dc silencio.
Ernesto Sc mordio los labios hasta
hacer saltar la sangre, y demostrando
su impaciencia, cogi6 una de las manos
de su mujer, que comprimio suavemen-
to.
d Que es este? le pregunt6. 1 TIE
propones dar una campanada?
i Ernesto, dejame .. CRITIC ella,
separando vioTentamente su mano de
entire las del joven.
ID Que pfetendeS exclam0 este
exasperado. 1 Quieres, por ventura, pro-
vocar un disgusto?
-Quiero, dijo Magdalena levantando-
Sc, que me dejes sola.
ID Quieres, repito, buscar un rompi-
miento pregunto Santa-F6 con acen-
to de terror.
ii Quiero todo anadio ella desesps-
rada todo, menos soportar 10 presen-
cia dc un hombre que me ha engana-
do
En- los ojos de Magdalena estaba PIN
tada Ia resolrcion de la calentura ru.
gia Ia tempestad en- su alma, : las olas Sc
estrellaban contra la rompiente dc gu
amor herido. Ernesto se estremscio
-Piensa en- 10 que acabas de decirme
y mide Ia graYedad Dc tus palabras