Daily globe., 1878-08-08
NUMBER 2O6.
POLITICAL NEWS.

The Bankers Talk at tSaratoga--South Caro-
lima Democrats Renominate the Whole
Congressional Delegation--Ewfng and
Orth Recommendations Burke for
Treasurer of Louisiana--John p. Hoyt
Appointed Governor of Idaho.
BANKERS IDEAS
SARATOGA, N. Y, Aug. THE bankers asso-
citation began its annual session to-day. Sec
retary Sherman and the commissioner of inter-
nal revenue sent letters regrettng their absence.
r. c. Hale, cashier of the State National
bank. Keokuk, read paper on subsidiary sill
yer coinage, holding that Congress should pro-
vide for the redemption of subsidiary on legal
tender COIN Ibis would relieve the banks of
the fear of accumulating unavailable funds
and give currency to the coin, extending its
circulation to the profit and convenience of the
people.
J. d. Hayes, Detroit, read paper on hard
times. He said: Tell us to invest one dollar to
S5O,0OO,O0O that will pay expenses and bring
back per cent and the money stands waiting
ready and anxious to step into business. There
are over 81, 500, 900, 600 of railroad bonds and
stocks which pay the owners nothing. There 10
$500, 900, 900 in iron furnaces, manufacturing
establishments, and $500, 900, 600 in shipping,
hopelessly tied up. Shall we clear the forests
Of lumber and convert it into money!
We make enough now annually to load con-
tiauous train 3D. 600 miles long. The purchas-
ing power of money is about three times as
nluei, as IN times of imitation. More irredeem-
able money would not help us, and we have no
greater proportion of poor men than other
countries. There are numerous persons waiting
for something to turn up, too lazy to work, try
ing to get something for nothing.
The committee on officers will make report
tomorrow.
AN EASTERN GREENBAcK PLATFORM.
WASHINGTON, Aug. THE members of the
greenback party who assembled here Tuesday
state in their declarations of principles that
United States bonds should bear the burden of
government equally with all other property
and any legislation that exempts such bonds
from taxation is uni just and oppressive.
full legal tender currency Is favored, cur
rency alike in value in every mans hand. The
unconditional repeal of the resumption act;
the lawful liberation of coin boarded In the
treasury, and the removal of all restrictions to
the coinage OF silver are demanded. Realizing
that specie never be sufficient to supply
the commercial demands of the country the
issue of treasury notes to such an extent as
will fully satisfy the requirements of trade is
favored, such notes to- be made full
legal tender. The retirement of bank
currency and the substitution of greenbacks
is demanded. The further issue of interest
est by the government, is opposed, and while
monopolies, subsidies and special privileges
are opposed, Il udicious expenditure of treas
ury notes on internal improvements, and the
construction of such rail highways as will fur
nish protection to maritime frontiers, and
open new markets for the production OF AmerI-
can industry, is favored.
AFTER THREE DAYS TRYING.
BATON ROUGE, Aug. Maj. E. Burke was
naie for State treasurer and the conyen-
tion adjourned sine die.
KILLED FOR THIRTY CENTS.
FORTRESS MONROE Aug. John and VIM.
Bird, colored fishermen and small farmers.
quarreled about 80 cents, and the former
| stabbed the latter to death.
SOUTH CAROLINA REPUBLICANS.
| COLUMBUS, S. c., Aug. 2.-The Republican
| State convention met in secret session to-day,
and G. G. Bowen made permanent presi-
| dent. After the appointment of a committee
on platform and on the reference OF several
| resolutions endorsing Gen. Hampton, recess
was taken till tomorrow.
FOR CONGRESS.
TRENTON, Aug. THE Democrats of the
Fourth district renominated Alvah A. Clark for
| Congress.
New ORLEANS, Aug. 7-Tmes special from
l
nominated Il. John Eds for Congress.
DEFIANCE, o., Aug. THE Republicans of
the Sixth district, in convention here to-day,
nominated j. H. Price, of Van Vert county, for
Congress.
MAssILLoN, Ohio, Sept. 1.-The Republicans
of the Sixteenth Congressional district, IN con-
| vention to-day, nominated Major Mckinney, OF
Canton, Ohio, for Congress-
DETROIT Mich, Sept THE Republican
Congressional convention for the Sixth district
held at Fenton to-day, renominated Hon. Mark
| S. Brewer without opposition.
GALEsBURG, H., Aug. 1.-THE Republican
Congressioy al convention of the ninth district
to-day renominated Thomas A. Boyd on the
first ballot.
MOUNT CARMEL, I'LL, Aug. THE Congress
sional Republican convention for this district
to-day nominated Col. Robert Bell.
CaARLEsroN, s. c., Aug. THE Democrat,
of this State have unanimously nominated
their candidates of 1878 as follows: first dis
trict Richardson's; second, OConnor; third
j Aiken: fourth Evans; fifth, lehman.
ST.. LOUIS, Aug. 1.-The Republicans of The
nineteenth district of Illinois, in convention a
Mount Carmel, nominated Judge Bell for Cor
gress.
CINCINNATI, Ohio, Aug. 1.-THE Democrat
of the tenth district nominated Thomas Ewin
for Congress. The Republicans of the mint
Indiana district nominated G. j. Orth for Cor
gress.
CHEROKEE, Iowa. Aug. THE Republica
Congressional convention of the Ninth distric
to-day nominated ex-Gov. E. G. Carpenter.
GALVESTON, Tex. Aug. 7.-Ne1cs special Tt
Democrats of the Fifth district nominated Hol
John Hancock for Congress.
s COMMISSIONED.
WASHINGTON, Aug. 1.-THE President hi
:. commissioned Eugene J. Ball, of Indiana,
= consul at Pestht, Austria; Asa c. Prindle, nc
), commercial agent at the Belize, Honduras,
. United States consul at Para, Brazil; and WI
B. Thompson, now agent at Southampto
1t Eng, to be consul at that port. John 2. Hoy
of Michigan, has been appointed Governor
L Idaho.