Weekly Chillicothe crisis. (Chillicothe, Livingston Co., Mo.) 1878-19??, 1879-02-06

confidence began to revive, because tn
means Of discharging obligations wer
afforded, and at meeting of bankers AM
merchants in the city of London resolu
tions declaratory of confidence in Govern
ment and the Bank of England were pass
ed, which had great effect in restoring
confidence.
80 vigorously were the new measure
T carried into effect that the circulation o
the Bank Of England, which on the Sd o
December had been only El7 All, 200, wa
so raised that on the oath of Decembe
three weeks later it was e22,6ll 800
Thus was the crisis surmounted, thougl
its consequences long continued, and lrf
lasting effect on the Legislation and desti
MES Of the nation. Markworthy circum
stance, the danger was got over not byanl
increase in the metallic treasure Of thO
country, but by a great issue Of pape
when there was no specie to sustain it,
Singularly and sharply illustrative of thu
parallel conditions which so largely If no
entirely, obtain between our experience il
following the leadership Of England, The
tugcman OF honest money, and everything
else Of pharisaic good reputc, the Govern,
ment officials then and there, as here and
now, aided "the blathcrSkites of bottom.
less initiation and gassy fatism,' for on
the 9th Of July, when the people and
property Of Great Britain were poised on
the infnitcsimally small pivot of borrowed
specie, ''the Lord Chancellor read the
Kings speech dismissing Parliament for
the session.
THE speech ayowcd that the general
and increasing prosperity on which his
Majesty had the happiness Of congratula-
ting his Parliament at the opening Of the
session, continues to pervade every part
Of the Kingdom"
Thus far we have only called to the wit
ness box the philosophers, the historians,
and the statesmen Oi Great Britain, men
OF studlOuS and thoughtful research. who
have testified not only from their own CO.
tempOrancOuSObseryation but With statisti.
cal accumcy and confidence, inspired BY
official reports. All Intellect and no emo
tlon-all intelligence and no sentiment.
Il Before closing the case and submitting
1t to our readers as jurymen, we will call
one more eye witness Of those horrors,
who from her womaa'S heart paints the
Socidl aspects of Tat somebody's blum
der as On = a woman can do. In scan
mng her graphic delineation, one can al
most see the fast whitening-hair, the
heart throbs pulsatng from fear to dis
pair-frOm dispaT to death-the blotting
ont of an earthly hopes, and the abrupt
transition from comfortable homes and an
assured future, to the living death OF the
almshouse, or nomadiSm Of the tramp.
Miss HARRIET MHRTINEAU. herself an
eye witness, says in her History of Eng
land, vol. H., page Ill
The hilarity and the opcnness of heart
and hand, which made England such a
sunny place a year ago, were gone. and
instead there was now the suspicion with
which every man regarded his debtor and
his creditor; the daily dread of tho post:
the eager & ance at the Gdccite; the walk
ing out to await the mail; the laying
down orthGpOny carriage and the new foot
man. the giving mp the visit to the sea
and the subscription to the book club and
/ concert, and even too often the humhlmg
inquiry of servants, whether they could not
wait awhile for their wages. The manu-
tacturer looked round on his over
| loaded shelves, and for every
thousand pounds worth Of good,
now reckoned five hundred. The
widow and her daughters, who had paid
ready money all their IiYcs, now found
themselves without income for half Il year
together, and could not ENJOY meal be-
cause the butchers and bakers hill was
running on. rhe dying man, who could
not wait for better days, altered his will
with Il sigh, Icssenmg his Childrcn's pOr
tlOns by One-hnlf or twO-thirdS. Young
lovers who were to have jovial wedding
this autumn, looked in one auothcr's
faces, and thought that it must not be
though of at present. But worse WAS to
come.
"Thc question now was how to get
money to 20 on with, from day TO day, a
question that involved that of the very
life Of the working classes through the
United Kingdom. There seems to bc
nothing before millions OF them but obsO-
iWe StdyTdtiCH, unless commerce could he
set a-going again move or less. II they
could not earn they must starye, for even
those of them who had some property
could not sell.
The pawnhrokrr's houses were crammed
from the ratters TO the dOOr-stepS till they
could not hold one article more, and If
they could the pawnbrOkers had no money,
any more than other people. II was Il
touching thing to those who had acquaint.
ances among the poor to see, that winter,
the 'rlde housewife, who had looked for
ward to Il marriage of substantial comfort,
polishing up her new furniture. or looking
for something to mend in her own and her
husband 5 new clothes, while the faces Of
both were wan with hunger. 1t was
touching to see how long the pride of the
decent dressmaker and the skilled weaver
and his wife, leaning faint againt their
idle loom, stood out against the charity
soup and loaf, declaring, even till it he
came no longer true, that they could point
out some neighbors who would he glad of
tickets, but that, for themselves, they
could not say that they had ever wanted
bread.
at is not he who sees from afar the
cloud of dust from an earthquake, and
who family hears the murmnr OF confused
sounds, and who knows that 80 many
churches and so many dwellings and even
so many people have persisted, that can
feel the deepest horror of the scene.
''lt is rather he who, at some narrow
street, meets the spectacle of crushed
sufferer here, childless mother there, A
surviving lover, forlon infant wailinr
among ruins and flames. who has the hest
understanding Of what has befallen. And
so it was with this social conyulsion IN
England.
"The heart wounds of such time can
no more be healed than the whitened hair
can resume its color. The impoverished
might grow rich, and many a laden mind
might throw off its cares, but tha estrang-
ed could not be reunited, the dshonored
could not be reinstated, the grave could
not give back the broken hearted, nor
prosperity reassure some who had suffered
too fearfully.
"Men are want to talk glibly of com.
merclal crisis when they are past in tone
quite different from that in which they
speak Of pestilence or famine. In this
cave it can hardly be SO. The calamity
was so fearful, the folly so humbling, and
the guilt now so clear"
What say you, reader-member of the
American jury in this case versus specie
resumption? Has not the plaintiff, Mar
tlneau, with her evidence, proved the
charge of guilt against the defendant
With our mines yielding $780, 100000
year of gold and silver( S5l 100000 gold
and S49,0O0,000 silver, the balance of
trade in our favor at the rate of $3.50, ,000,-
lNl1 vpav and thp nran,iun nn ,,oll ~