Weekly Chillicothe crisis. (Chillicothe, Livingston Co., Mo.) 1878-19??, 1879-02-27

state convention at Detroit to nominate a
state ticket on March 4th.
Now that the cipher frauds have been
sworn out of court the barls are again in
order, The biggest bar'l wins.
The next question in order as Il result
oF the passage of the pension bill is now
to raise the means to pay with. A large
additional levy of taxes will be necessary,
and God only knows how the stricken la
Dor of the country can submit to an in
crease of its already heavy burden,
The Conkling war on Hayes is over
and Conkling is defeated. This is sad
blow to the Grant cause and an inroad
into the ranks of the irrepressibe states
men. He has not had sense enough,
with all his ability, to keep from under
the wheel, but has allowed "the machine
to run over him and crush him to death.
Who comes nextp
Coon reliable authority, the Chicago
Times, says: Resumption is not the
curc-all that was promised" because the
list of failures since January lst, 1879 re-
sumption day, has been excessive and
still it is increasing. The people are be-
ginning to look hopefully to another cure
for the many ills that afllict them and ar
rest the tremendous decline III property.
THE impression prevails there will be a
call for an extra session of congress. Ev-
en- it the present congress should expire
without completing the necessary work Of
the session. Hayes will stubbornly resist
the calling of the Fortysixth congress. He
and the goldbugs fear the material of
which that congress is composed and, ev-
en- If an extra session is needed. it will not
be called before next November, if at all.
A BILL to establish postal savings
banks, so much desired by the people, and
by which the small savings of mechanics
and others could be safely and cheaply de-
posted, and which have been as success
tul in other countries, securing the people
against loss from failure and rascality, so
prevalent among our savings banks, was
defeated in the house of representatives
by vOte-lSi nays against it to 3S yeas.
Bankers and lawyers run things IN con.
gress and the people mourn.
FRANCE and Germany are the opposite
poles in their financial and governmental
policy. While France is prospering by
the issue of legal tender paper money Ger
many is in the midst of bankruptcy, labor
riots, repressiye laws and the incipient
throes of revolution and anarchy built on
the dedication of gold. While France is
magnanimously forgetting the past and
pardoning her banished communities, Ger
many is straining every nerve toprosncute,
convict and punish her political offenders.
While France is forcing herself to the
front as a leader Of nations, Germany is
falling to pieces by the IRON rule of a des.
potic government and an impossible sys.
TEN of finance that enriches a few by the
taxation and starvation of the MANY.
France is right, Germany is wrong.
TWENTY years ago very intelligent
Frcnchman, NJ. de Vigny, set forth upon
trip over the continent of Europe, and
to show the great want of unity in cur.
rency he placed gold twenty-franc piece
tyaIue s3.Ss) in a separate purse, and dc
termined to have it changed into currcr,
coin at each city he visited
In leaving France he went back to
Frankfort, where he had letters to sever
al rich merchants, one of whom changed
his coin to current coin. Thence he went
to Munich, where the Frankfort money
was changed into Bavaria coin. At Ber-
lin, again, it was changed into Prussian
money, At Vienna it went through the
same process, and again at Milan. Once
more at Naples, and finally at Rome.
After going over all Italy he passed into
Switzerland, descended the Rhine and
Travelled through Holland and Belgium,
never failing to go to people on whom he
could implicitly rely, who would neither
deceive him nor charge any discount. As
he travelled on his twenty-franc piece
steadily shrunk in value. From country
to country, the pieces became lighter and
less numerous. At last, after six months
Joumeying, our traveller changed the rem
nant of his gold piece back into French
money. How much, good reader, do you
think he had left from 1885,, not penny
of which had been used for any useful
purpose? He had exactly sixty centimes
left! Whereupon the philosopher record.
ed that "for travelling purposes. a twenty
franc gold piece is worth only twelve
cents"
mo money, sir, no money; and what S
the use of giving you employment with
nothing in the state treasury" said an
official of South Carolina the other day to
man VINO sought employment.
Where have the taxes all gone toP"
innocently inquired the workman.
why, they have been paid out again
IN interest and on public debt"
That politician told the truth. South
Carolina is in a bad way. The Charleston
News describes the situation thus:
There is no money in the state treas
ury, except what is put there to be paid
as interest on the public debt. All the
appropriations made by the last Legislature
are exhausted, and the various salaried
officers of the state will have to wait for
their next months salaries till the taxes
come in, in April or May, or borrow mon.
ey at l or ~ per cent per month at the
banks"
Well, the banks are prospering any
way. The interest-mongers are in clover.
They possess all the money in the state,
and can lend it at their own terms.
And if you increase the circulation to
the figures of 1865, nearly $4,000, 10000,
the bankers will still control it till inter
est in every shape is prohibited by law.
All the money in the South Carolina state
treasury has been swallowed up in interest