The Plymouth Republican. (Plymouth, Ind.) 1878-1901, 1879-04-24
Washington Letter.
WASHINGTON. Apr. 10. 1879

The astonishing success Cf the new
loan as proposed by secretary Sher-
man has proved another set back for
tho Greenbaek agitators. That a
combination OF nineteen bankers in
our principal cities should have been
formed to take $3.50 100000 worth OF
| government securities at a stroke,
proves at once the wisdom of the re-
funding scheme aud the confidence
which the people feel Ia the ability Of
| the government to meet its obliSa-
tons and the general stability OF bus
/ mess. In view OF the constant and
| determined agitation for a change in
the financial policy, this is very graft
/ flying. The promptness with which
the government offer is accepted will
be Of great advantage in an econom;-
cal as well as political point OF view,
for the expense OF negotiating Loans
heretofore has been largely due to
delays. Hereafter there will be only
smooth sailing for our financial de-
partment in spite of the agitators.
Senator Kellogg has re introduced
the bill of last session providing for a
mail contract by steamship lines be-
tween New York AM New Orleans TO
Brazil. 1t will be recollected that the
Senate passed this last session, the
majority OF Senators OF both parties
taking the ground that it was essen
tial in the interest OF our commercial
relations and our industries to do
something to improve communication
with-the great South American mar
kets. The House, however. refused
TO pass the bill, under the cry OF
subsidy and the pretenee that the bill
was for the heneil. OF John Roach,
the eminent ship builder, who is now
running line from n. Y. Mr.. Roach
has since Withdrawn from the contest,
saying that he cannot afford to con-
tinue it. The bill, therefore, is to
stand or fall upon its merits before
members, as nobody Is urging II.
Since Congress refused TO pass it last
session. the Canadian government
has accepted proposition to run a
line fIom Halifax to Brazil paying a
liberal subsidy, and the plain fact is
that We must do something in that
line or lose what little trade we have
in that direction.
The success of the bill for the con-
stIueiion OF the refrigerating ship to
disiLfect vessels supposed TO be i'm
porting yellow fever has induced
parties in the southwest to negotiate
with Prof. Gamgee for the organiza-
ton OF company TO build another
ship 20 be stationed on the Mississip
pi river, and to make and supply ice
10 the cities there. The new process
bids fair TO achieve great success
both in a commrcial and sanitary
way.
| Tho strikers and blaekmailers who
made war upon Capt. Eads touching
| his Missi5. ippi ] tiles are having a
hard time still. Tie latest repor 5
from New Orleans, official and un-
official, show that the assured channel
is two feet deep and will be NOR
than thirty feet In few weeks. What
| these strikers want is To be bought
off with Il little OF the money that
| Capt. L Us Is TO receive from the
treasury ia "a few days. But the cap
tain is too old and shrewd man TO be
caught with that kind II chat.
The Post Office officials who have
been here in session few days, yes
terday took an excursion TO Harper
Ferry and Whereabouts for enjoyment.
They signalized their advent there by
singing praises to old John Brown,
but singularly enough on their return
they were treated 10 an enteltain.
ment OF a different nature. At the
Point OF Rocks their train stopped
ut the same time that the up train
from Washington came up. On board
the latter train was negro under
arrest for a horrible crime, and a
great crowd was in waiting for him.
/ No sooner had be arrived than the
mob sliced him dragged him few
yards away. and hanged him to an
arm OF the sign at the railroad cross
ing, in full sight OF both trains and
thousands of people. 1t is remarked
as rather disgraceful 10 our ms itu-
tons that such an unlawful and hor-
rible mode OF punishment could be
possible almost within sight OF the
Capital.
The end OF the debate on the APP
propriations seems to be farther and
farther away as it proceeds. Mem
bers are prepared generally to have
their summer wardrobos sent for
ward. KNOX.
NciglibOrhoOd Notes.
The First National bank OF Craw.