davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26

Futnrvs Hrct time 10 p tots lower on a'er
mont put C,slug 70 pDuis higher early mon ~
0u.I ed tower hut closed Ann Slrs at ogeDug LOGO
bales fotAy-FIst CaliscpemUeT lusT uctDbUr. 1913
Noyrnhcr 1867 December. ln57 Jirar,. 10 ~ LnLn,
lgOU bales. s,ooHd Cll-ScpnnDcr = o.. 5tb. lO'5 No
MEMBER 1870; January. 10 60 iuTIf FcbFuarY. lb-S
April iiOi tOtai. l,4O0 bales Thr1 Cal-tepieI1 bst
a. 2sth. 1917, n, &ttn, l.Ib iOs iO-p v'too,5'
ln75 NOVEMBER lUT2 December 1872 January, lnIN
1917 April ll.0j ll.Ja i0ta. LOO 6aez Also Lod@y
se1tefnbr AZ 10 ia 1851 October lO72o 1918, Ntyta-
Der IUG6SIO73; Drecmbe iO.G5g 1913 January. lC72g
IOSa FssFaaFy RiOhb. March, 10 BOO li- Apr1L
iOg7dIiu4; Man 100 l.l3 Total biSOO bales grand
bales. Exchange % paid 20 exchange 500
Noyfuaber for DetDler closed iirm:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
THE MARKETS.
TOTAL RECEIPTS OF PRODUCE,
Per North Rrrer. Tess,is and Raarod9s.
GENERAL MARkET REPORT.

ASHEs-otst -tradv Pois 4i4c-. feans- - 20
COFFEE q.ntt urn safe, % bash "Aacu Camp
private stock 700 bags w 'y OF
Para h. dine slaysth t8tn 1agn IN
baltimore 33Z1 bags ~Serunr' sod private terms Mid
grades quiet nm, unchanged
tive sales. NJ lu1iug q. tor cTDntL 10 Tor
spiuuiug delivered contract , bales. Receipts az
The ports la5st Baes. 100 bales this day last
oh = H..I telT
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26

" --
Surplus S3S9ze7
Simultaneous with this statement and the declara-
ton Of the dividend, comes the official report of
the gross earnings Of the company for the third
week of September showinga loss from the earn
ings of last year of $3.50 $685. which makes the loss
since September 1 $4,000. The statement Tor
eight months shows that the net earnings
41S4IOO per cent of the gross earnings.
The common stock of the st. Paul to-day opened
at 317s rose to 32l4, and then declined to SOHO
3OSs The preferred opened up to II and sold
down to 70ss070i2. The NOrthwesterns continued
to be a feature, opening strong and excited. and
then yielding per cent on the common and g per
cent on the preferred both closing at about their
lowest prices for the day. The trunk line shares
were all neglected, excepting Lake Shore, which
stock pressed for sale from 67es down to G7 At
the latter figure the sustaining orders in the hands
of brokers recognized as Vanderbilt men were on
hand. and considerable apparent trading at price
was done. But the stratagem failed to make
much of a market at 67ls OF 67l4 Wabash was
taken hold of with vigOr. and traded in to IN
usual extent. with resulting rise of per cent to
1872 Accompanying this movement there were cir
culated TumOrs Of an extravagant and ridiculous
character TO the net earnings of August. UntOr-
tunatey for the parties in interest the company has
published its net earnings for the seven months
ended July 81, showing that it's operating expenses
for the months ISLE per cent of its
receipts or we probably now should have the story
that thew had been only 90 per cent for the whole
year instead of that only for the month of August.
Chicago. Burlington and Quincy to-day declined TO
111st, and Rock Island was dull at 119011S34,
The average advance of cents per ton realized ~
at tOday's coal sale over the prices OF the August
sale was without effect on the prices of the coal
stocks, they remaining dull and barely steady.
Even stock spectators begin TO doubt the genuine
of the pubic bids for coal by large coal deal
ers when those bids are at higher figures than they
and others can obtain coal at private sale. The
dealing in Western Union was dull at 95ll 1850
95ls The market closed generally weak
RANCE OF THE STOCK MARKF1.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
sECOND CALL--l O'CLOCK P. NJ
THIhD cALI.-2:9O 2. N.
WEnEEsnAY. bent. -. .

m NkDAha0At' sept. Zo-R. N.
ine stock market to-day. while quite as active as
was during the tive preceding days. exhibited
-''a.ion and feverishness. For this reason prices
sssueishy show decline from those Of yesterday
LEI having opened excited and buOyant. As was
~ 0sea the directors Of the Chicago, Milwaukee
So. o. raul Railroad at the meeting to-day. de-
$50 $50 dividend on the preferred stock Of ga per
O''snsibly for the SIX months ended june so.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
sEcuREp BY an sINKrNe FuNp.

SEALED PROPOSALS Win BE- reeeyed a. the comproL
Crs ONCE until Tues9y. October & ls ~ O'Clock,
when The same VIII be pu5ey open. m ne presence q the
C0nlss Onega the SINKING Fup ter WhDe any part
Of he sa Of S69090OO OF Cona0haatd stock Of the C q
NoR-NuTk.
bonds redeema9ls and after the DAY Of No
vsmbcr 1913 PAYABLE the iFst tay OF November
1923, with interest az per anuu PAYABLE senian
nualy hrst day n May and November IN each year.
ohice Of the C0uptrDil-f she city % NesHOrk
The bonds principal as interest viii BE- made payable In
OF Uuitai
be desired and bseTs reqafsto 20 siata distinctly
IN their proposals the description % hnas they desire and
bid for whether q ~ bonds or Currency bonds
said Wi be issue the redemption and cancea
ton o bonds of the Corporation issued
tr local Wp rUycment due November 1875 and ts -
Will therefore nOt increase the city drbh
The proposals be de for Coupon bonds 81 5000
1000 aud for Registered bonds OF $500, mulpes OF
this
Payment may be made befvro November /. 1873
Interest allowed from the date Of payment Eecepts viii
be Ryen for Delivered holders
and alter November 1, 1873
Each prop al shoHd be scaled and Endorsed Proposals for
Consolidated stock u the City Of NsN0T AID iRe0se
second envelope addressed 70 Tie Comptroller.
Sad VIII be AWARDED 10 the highest bidders ADD the
RIGHT reserved the 81 TIE Cnnper o. reject
AL Of tae bids IA his Judgment tie Interests % Tao Cor
pOFatinn require
For fal mora ariOn CITY Record.
CITY Of NeWYGrk Department OF Finance. C0mpiroler's
Ofice JOHN KELLY. Comptroller.
September H. 1878.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26

ne, receipts 3slS bales. experts cOastwo l069 bales
ases. 200 bales. SUCK 26-515 bales
CINCINNATI sept 26cottsn lower and steady hidahns.
10 NiadRg. lOsc.i Good Ordinary 9.ec; mel TO
cepts $50 bales shipments 90 bales sales balesi Stock
1857 bGles.
GALVESTON sept 71-cOttOn essyi Middlins. s1ci Lev
Nding. gaze; Go0i Ordinary. nominal net feeeiya i04l
bales gross 1764 bales; sales 1895 bales STOCK SoSlS
bales.
LOUISVILLE sept 25,-cotton quiet; MadhnE 1856.
MOBILE 25.-CotIcI quief aIddling lOc; low MD
ding Coed OFein1Iy nOmiaai net Ieesyts 80
exports cOaswee, "a bales sales 300 bales stock
GER hairs
SEw-ORIEANs. Sept 25Cotton quiet; SiiddBG 0igcs
Low Mtding l0lic; tiOd OrnnrT, n pfTnali net receipts
1913 bales gross 49S bales exports 70 90 1aesj
cOastwi.e SO bales sale 275O bales; Stock ~ 2l Dalcs
NORFOLK. sept 25.-COttOn quiet: MtddfIg. lOhNiOes
receP 92l bales expors coastEise el2 bales sAlea
$50 bales; stock. ] g bales
PILAnEIPHA sept. 2j.csttOn quiet. AdfliBg. ~ isc
Midding lD9Ic; GOOd Ordinary iOif; rcesipas
1 bales sales splnners. 357 bales: stock b62 bIes
25.-COsr0n ia good denaDd pTlcfs III
regular, nOminally unchanged Mdaing, lOsc Low Mid
ding 9asc Good Ordinary CSC net receipts 59l2 baess
eOe6 balesj exports 60 Great Britain, 1881 baes
eOaswse 81 bales sales g. 200 bales stock ISIS aes
ST LogES sept 25.aCott9n STEADY Ahall X l0scs
07l bales: shipmentA 572 bales seA sos bales stock
WILMINGTON sept 25-cottoa dull. MiddrnG i0isc. Tow
MdinS 97c: Good Ordinary, scs net recegs Isl baea
L. 8S bales
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
Live srocK MARKErs-RY TELEoRAPH.


BUFFALO Sept observation-disclosures to-day. 26l head
the thus Tar, 66sl head for the time last
week 400 bead decrease 277 through eonsigumens
226 Market dnn and slow prices lOGlOe lower tan
last Wednesday sales Of Extra Graded Steer - e0as6 %
Good 20 Choice Shppers a 40asi 70 Medium $4Gs4 80
Common. s 81 gaSf7O Cows aid Heifers 81 S3 so Bulls
Light dun. wanted quOabe 81 6s2 10 light attend
q Eastern buyeTs oerngs genersiy Of good qaa
week TINS TAR, 1870 hea tor he same time last week.
$500 head: through cOnsgnments, IA cara Market dali
and declining; limited demand beth for Eastern and local
Lambs, fOGl5c. on sales Fair 20 Good Western sheep
So 60ds3 90 Choice S4dS TO- Extra 100 shippers 81 q
as DO Canada lambs, - 25GS4 30; Western DO, s49
81 80 closing with % stock remaining IN yards
aoGs-Rseeips To- day. $3.50 head: for week frr 21
cOnsignmeuts 81 Market dull demand light pTfes
l5d2De lower Osrngs generally OF good quality hunters
Heavy SO 9j6s4 10 bad IL cars Of stock
remain IN yards unsOld.
CHICAGO, sept. 3J-T7e Droycrs ygyaat reports; HoGs
Receipts 10000 head shpments 1870 bead Market lower
ChNfee Heavy, 50 500s4 10; Laght, - 5eS5 s.
CATTLE-Inactive and lover Receipts 1000 head; ship
men go head Steers SA0SS 10 Texans aH and weak at
sHEEF-Reeepts 600 head shipments 40 head. Market
a shade better on Buchers' sales at S3dS425.
b44 head Of throngh and total for the
past 54 head Of through and 6sl head o. local
shipped IN rst hands "a loads changed hands
To-Day Best, So Fair - Good 81 L09S4 75 COmmeR to
Receipts today 3I35 head total Tor the past twO
DAVIS GSO head Workers, 50 6OSS3 90; Philadelphia ~
saEEP-Receipts TO-DAY head: total for the past
81 LOTS, - pt 25.-CATTLE-A shade hruef prices IN
changed. supply stIll manly stuas Fair Good
Choice Through Texans ~ 70G 50 10: Cows - I'd
81 90. Receipts-2.6OO head ShlpRents-ls o lead.
SfEEP-GOO grades steady and Unchanged Fair 10 Good
Au;t00s 81 9Oes3 80; Prime To Fancy. So 5Oesj 81.
kecepts-L.9JO head. shipments-None.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
WOOL MARKKT-RY TELEaRAPH.

BOSTON Sept 25NO material the Wool market :
manufactures continue purchase waRsed and At the
present price holders pressing there
ceiling that prices have touched
Inc lowest point Demand mostly Tor Medium Flesees and
Deaine selections. Fine feeces rather
inquired or but generally he'd above views % buysfa
safes Ohio and Pennsylvania Feeces 80 a37c for Medium
and Michigan, and Wisconsin F1eeoes at 32e
32c for Y, and 33e3Je for Meian grades and ComlDg md
d43e for Washed and 81 Soc for I'm
California Wool with fair demand at 30a2Se
for Spring; and Pulled quiet sales at 30 G4Oc.
mostly st IS d37c. for good lines OF supers
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
90 Whom Il Mar gonrern

DERSONAL.-S20 REWARD will be given
for arst Information a. 10 where NO RMAN LAMONT who
was clerk I'M the Royal Engineer Department Montreal IN
isfa now s for lse evidence 81 hs death he visa
in Hew.York CITY In R0Vembor, l649. Aaaresa n. W.
LIVINGSTONE 4. Attorney At-Law. Toronto Canada
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
PRINT CIorHs MARKET

FALL RTvRR Mass Sept 25-Ths Print Cloths maFket has
very quiet with The SAILS vrry hight although
QueatlOns Of Sac less p per cent Tor 81 square
cloths unchanged hear of small 90 lower figures
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26

ONO and MISSISSIPPI RAILROAD co.
~ Stockholders and fond olIeTs vi 20 sustain the
views dfth cir ulaT issued by SIR T. GAIT ond W y. y
NICE ~ cd 80 d thsir 10 %. u.
ASHLEY, No. 81 Wilamst. or to PRINCE & WHITELY,
"a tf delay tn Oltrr 10 te ir ~ ented
az the annual in Cincinnati October 10. Full nfor
and Jiank prues furnished at either Of these Offices
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
financial.

A PROMINENT of FISCAL AGENCY for
"A TIE STATE OF KASsAs0r9 ", Sson is may con-
esane Saods B ssnso Of S 7 Of Ns sas
aS Ss SSa az ana q ne
Ksnsa Or q any County dssnsh Sy B9STd 81 Es@e
payable az he Iiscs Agency Of the sase Of Kansas n New
The appointment aforesaid take effect frce rom
and Ss n5 9s 5 DAY S.S % 9 ,S A. Il s Office At
rsr,t1 cry Of ToUeka. Kansas, this the Lib day
Of sfPemRe 6SGbk x Fi e Auditor Of sral.
GAS STOCKS & CITY R.R. (HOrse and Elvt'd)
OstOcks a Bonds bought sold. F.THEWIPT. sIoaa-st
GAS STOCKS.
All NewYork end Brooklyn Gas stocks and also all knas
of Brooklyn Investment securities dsal5 "a By
20 sroadsG. y. v.
NOTICE.-The Union National Bank, located
~ al inwsy 10 as "a q eCs.as gP %
therefore hereby notified 20 tue notes and Other
L., Is7s a. e BREwsTER CASHIER.
OTTICE CENTRAL Ran Road Co. or NEWJERsEY
l1s LmnRrYsr L SEWY nss sspt g. 1873
NOTICE is HEREBY GIVEN that the IN
or sn n. Of ne Of Se 9en
Railroad Company Of NewJersey. dated February % last"
PaT1es holding receipts win present them at this once to
" '-'-@'7' u vi y 5. LATHRoP, Receiver.
NOTICE IS HEREBY GIVEN by the Sub
~ serb The holders OF Bonds o. the agegate amount
the saint Paul and Pa,ac Railroad Company mentioned IA
the lndentuie 81 Mortgage and Deed q Trust mae No -
day April 1911 between the STUNT Paul and Pacific Raul
road O the STATE Of Minnesota and Horace rhomp
son George T. and William MOOrhead Trustees
pursuant Article Fourteenth said Indenure that
MEETING OF the holders the sad Bonds viii held
day November 1873, at ONCE off, = Kennedy
and Co, No 81 Cedas m te CITY Of NewYOrk AZ twelve
O'CLOCK take such action be found expernt
gard renOva Of tue said trustees, 10 the appoint
their Tie Fafidca aud
Of proceedings heretofore taken tat END sc
a Boo dhuhlers kc.d a. the
office the 18TH day Of April 1870, ard 20 such other
business properly be brought before the said meeting
CHEAET and WEEIJEN, iJOHAN CARP,
KERKHOVEN and Co., GEORGE STEPHEN
LIPPMAN ROSENTHAL DONALD 4. SMITH.
and Co, NORMAN W. KIrTSOS,
WURFBAIN and son. JAMES j. HILL
TUTEIN, NOLTHENIUS JOHN %KENNEDY. TTus-
and DEHAAN, JOHN :. BARNES, ) tees
H. G. VOORHOEVE and Co,
OHIO and MISSISSIPPI RAILROAD co.
~ stockholders and fond iolers VI 70 sustain the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26

SO O6 Pc ow Isl h. II D. 81 Sic: 80 Co. "a D, at
Is 20 per ewt 10 do. ~ D. AZ re.
McGraw sod 70 sfaIe Lambs "a u, at 5's; 20 State
- Q amt LaTnbs 10 n, at f9tc.
Judd Buckingham sold jersey City l7s Ohio sheep
92s n at fl.: ISL o., 95is "a 4ls: iSl Pennsylvania
lambs CD ~ AZ De- 20 CuI 65 D. al SSse 10 Bucks lOS
n, az Sc.
Kass q PiaeOck sal: II Pennsylvania sheep lO2 o. st
44; 2U3 PHnsy Iyana IAWbs 81 ~ at 5ci liz de- % D.
5isc: 80 d. IS D. 5te ~ Bucks and Eyes 80 h. At
3lsc.. 3 Bucks, 103 n. at 3i1e.
Newton Holmes SOLD rs Virginia sheen, lo7 n, at c
~ OHIO sheep lO3 b. &C 5 50 do 26 n, at 6sei 81 W.
aHia lambs, 90 y, At Sc: n DO, O. n, at 81 sc.
HOGS-Arffvas yesterday and to day, 80 cars NJ 4Otst
23l2 Jersey city and IA head 60hst makng $40
heat Total since saturday 1871 heal agains l34e6 Lead
time last week The marSet for 1--we hogs Is dull af va
ac. q. W Reid CO. sold rs State Hogs. alive POS n, az
4.e yesterday 1870 Ohio do, lS5 y. at 81 60 per ewL
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
- 49, nr raLLapELPnIA srOrK,.
CLOSING PRICES OF MINING STOCKS.


Government bonds we're dull and firm for the
alter varieties while only steady for the earlier de-
cripti0ns We annex current closing quotations:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26

TBNHE MINING RECORD, 81 Broadway, n.
the only paper in me Uutea states yng fun infor
nation frem ths gold aud silver miues. - year.
TTNION PACIFIC RAILR0AD.-At a meet
" Of the Executive Commit eeO the Directors OF The
Union Pacific Railroad Company held tolay. tie following
resolution adopted
soiUd That alter payment of an interest dne the
bonded debt providing tho Uuite Satca
OF per Of the cOmpang net earnings, and sotng
aside all that DO came by the BVvernmet uf the 70
per cent provision Of the sinking na CLAUSE IN the Thurman
BILL there will remain residue OF earning FOR the current
quarter OF Whch dividend Of the capital
stock hereby declared payable October l. IA stockholders
closing OF stock books today and thar tho stock
DO IA be closed frum to-day uutit OctoOer 2
HENRY McFARLAN %. Secretary.
Boston. September 20. 1878
Erie Railway Company Reorganization.
the trustees the Railway Reconstruction hereby
give that the the amt
Tered Of the said Company DO pad and heoi9
the Slst day OF october next.
The RECONSTRUCTION TRUSTEES of Lsnd0n.
The FARMERS LOAN AND TRUST COMPANY Agcats
In NewYoRL
ByR c. RoLSTON President
No ev EEahalEc piace
Aus. 81, 1873
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
PROPOSALS FOR $4,000, 900.

Consolidated STOCK or THE CITY OF NEW
YORK INTEREST AT PER CENT PER ANNUA
REDEEMABLE 1903. PAYABLE. 1928
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26
:rie Railway COmpany---ReOrganizatiOn.
5npiugs Banks.
Union Dime Savings Bank +,

BROADWAY and 92D-Sr.
Money deposited viii draw interest rom october l.
g. $. CHAPLIN, Treas. JNo w. BhIFfONs Prest
c. Il. SPRAGUE. Ssc'y
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-26

IOIaI DlEl Il7.0IW I0'1lVV F07''-" I"--"
The following were the receipts and shIDmeuts al
and from Chicago and Milwaukee to-day, as re
ported by telegraph:
Receipta Shipments
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-02-23
SECRET CT INYIsssTIGAT10Ns.

Is it not about time for the Legislature to
cease having SO much secret work We
have just had two secret committee investi-
cations, and now the House itself has un-
dertaken to perform its duties in secret
This mode of procedure is all wrong. No
public exigency demands it. No witnesses
are going to escape by reason of knowing what
evidence has been taken, and no guilty par
ties are likely to fee.
It is bit of objectionable presumption
for the House to set itself up above the
people who give it being. Do these invest
igating committees imagine that the evidence
is taken for their especial benefit !? What
object is there in having investigations
save to obtain facts and present them to the
public The secret session of the House
yesterday was even more uncalled for
Practically, the House is putting Page on
trial in secret. He is pub
lcly charged with certain offences
and star chamber proceedings are manifestly
improper. The public are entitled to know
what their servants are doing and it is an
arbitrary stretch of power to close the doors.
There is still another investigation pend
ing, which. above all others should be open
and public. We refer to the Insane Asylum
matter. It is to be hoped that the Senate
will directly instruct the committee to make
their investigation open. Let this secresy
in public affairs be stopped.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-02-23
REPUBLICAN, ESTIMATE OF WELLS
AND ANDERSON,

Wells and Anderson were investigated in
1875. Hoar, (Senator) Wheeler, Vice Presi-
dent, Foster. Phelps, Porter and Marshall,
comprised the Congressional committee
Five were Republicans and two Democrats.
They went to New Orleans and investigated
the business of the Returning Board, and
the character of the wretches who controlled
the State government. Every one will re-
member Vice President Wheeler's candid
and truthful report to Congress, endorsed
and signed by the committee. The report
said:
of the returning board on the whole was arbi-
trary, unjust, and in our opinion illegal, and
that this arbitrary, uni just and illegal action
alone prevented the return by the board of a
majority of conservative members of the lower
House.
In 1867, General Sheridan, in repeated re-
ports, not only declared Wells to be corrupt
and dishonest, but went further and said
that he did not have an honest man for his
friend in Louisiana.
A Republican House of Representatives in
1875, declared as follows:
That it is recommended to the House Of Rep
resentatlves OF Louisiana to take immediate
steps to remedy said injustice, and to place the
persons rightfully entitled in their seats.
All the proceedings in Louisiana in cleo
tons, in the conduct of the State govern
ment, in legislation and in finance, were
rotten with corruption. The committee
found that Wells had thrown out legally
oe
his own affidavit. From 1865 and prior to
that time, to 1877, these rascals and thieves,
by perjury and bribery, robbed the people
of the right to VOTE and robbed and OPP
pressed without mercy.
These are the men, OF the brutes rather,
the visiting statesmen now come forward
to defend. These are the characters in whose
behalf John Sherman and Mathews, and
Garfield, are trying to induce the President
to interpose the authority of the govern
ment-men who officially appear on the rec
ords of Congress as knaves, perjurers and
forgers. There is but one conclusion and il
is this: John Sherman is afraid for himself
and associates, and he does not hesitate tc
drag the President into the ruin threatening
himself. There is no evidence yet that he
will succeed, and for the welfare of the peo-
pie and the honor Of the government, already
so seriously impaired, it is hoped that Mr.
Hayes may cut loose from all the confeder
ates of Wells and Anderson, whom his owl
party have found guilty of injustice, dis
honesty and corruption.
Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1878-02-23
WILL THERE BE 4 YET0 .

Will the President veto the will of the
people? That is the question It resolves
itself into the proposition. whether an agent
has the power to thwart and defeat the prin-
cipal. This is all there is of it. The veto
power was introduced into our system of
government as a check on the Legislature.
which had been omnipotent in England.
It never was intended to defeat the will of
the people, but, on the contrary, to execute
that will, and to prevent the Legislature
from enacting laws subversive of the in
structions of the people. This is the essence
and quintessence-the very corner stone and
foundation of our system of government.
One may read the history of the veto
power, study it in all its bearings
its origin, its exercise not only in America,
but IN all countries where The people strug-
gled up to put the bit in the jaws of despot-
ism. Read the Federazsst, the papers Of
Hamilton for Capitalization, or monarchy.
and, on the other side, the immortal ESSAYS
OF Madison for the people, and later, the
terrible invectives of Clay and the calm, lev
AO'S'OAS1 " OoAAAOu41S tlAAA were DfO-
fessedly and really, let us say, for the gen
eral welfare.
The bill relnonetizing silver and wiping
out the secret fraud Of 1873, goes to Presi-
dent Hayes for his approval with three
fourths of the people demanding, nay more,
with the American people back of it. Wall
street and foreign bondholders, and wicked
Spectators and goldites are opposed to
the people President Hayes can not afford
to veto that bill. It would be the death knell
of this country for four years. Why? Gold
in New York is quoted to-day, under the
thunders of this financial earthquake, at
122sths. This is the answer to the whole ques-
ton.
But, apart from this practical illus
tration of the wisdom of making
silver a legal tender the will