Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1879-07-26

| > i0a0 lnQ MISS nla1tla ~ t1tau - luAI LUG
trida was only ten years Of acc lho marriage
took pltc, St her fathcl' hou-e, aud presum'
ably with his approval.
| SELECTED.
! THE SCALING OF DEDTs.-la these days Of
the bankruptcy Of States, cities ard lows, as
we'll & Of individuals, the question Of how to
arrive at Some practicable basis Of settlement
has frequently arisep, proving more or less
troublesome. 10 regard TO these lu5l!o debts
where there il any disposition TO pay, the oily
way Of adjustment seems to DO either to scale
down the principal to The ability Of tho dcbttr,
or, letting the prize pal remain as Originally
agreed, slpullto for a reduced Interest. The
creditors. as n rule, We believe, prefer TO sub.
NIT TO redrc ion of the interest if they Gao
ouy save their principal whole, while the
debtors prefer reduction Of the pliacpsl.
Both act under the impression that they are
serving their owD interest by such choice,
whereas the truth is exactly the reverse. The
debtor would be far better off TO let the creditor
| have his own way and lower El5lDercst. while,
| on tho other hand. the creditor would max.
money TO yisld to The preference tf the debtor
and dimiLiJh his MISUNDERSTANDING up his
| high role CT ipterts:-proVided tho obligation
| have many years 10 Iun, IS Is usually the case
with deflultIog cities AID States.
An ostaccc has lately come to our kooWIc! go
Of quite a CONTROVERSY between dets ulng city
snd lis OF differs On this very point; the crtdl
Iois willing TO scale dcwn their ioteress cue halt
retailing thet bonds at th.ir face and the city
unwilling to do that, but ready 10 promise pap.
} ncnt OF half the face Of the bonds ct The cid
interest With bocds having thirty years 10 ruo.
The difference 10 favor Of city. 10 this c1sl, be-
| tween accepting The creditors proposition and
| securing The acceptance CT their owo would
| amount 10 thirty years 10 Just about the city S
present Indebtedness So strange miscs!cua
iun are both oily fathers and bcDdhe]ers mak
| log 10 regsrd to Ihtlc owe Interests.
1t Nus, b, remembered that interest paid
| auUusily or scmhlnuuaIy, IS 10 thtct cCu-
p,uuded. The man who rec,iVe5 The money
| re iDyts!s it. But by referring TO the BADbage
tables it will be iound that 81 0C0 compounded
for thirty years at per cart. will aggregate
81 Gl2.2j; AID $500 to haf that sun, or
So sue r.. But 81 OCO compounded fJr thirty
Vars ut g.! per cent. will aggregate ouy 81,
| SOG 10. or nuc huudred aud bioeiy zine dollars
| and thirty three cents less than The $500 ct
per cent. All who have OCCASION 10 either pay
these iace.-Mercanttlc Journal
EDITORIALS. What % kos i: especially hard
10 conduct papir cditotisIiy these lines, Is the
fact that people generally are very little utter
ested iu the sulj ,cis whioh Constitute uccessa'
ry the leadicg themes Of journalists treat
meut. l; is Of comparatively small moment
that the extremely hot weather aud the long,
dreadful drtu aht, debilitate the journalist him
self, AID render him both physcl!ly aud men
tally, disabled from tho usual eXerc's, OF hls
powers. That goes for something, OF course; hut
the far moro important consideration 10. that he
addresses, duriog the reign and rage OF the dog
star, o tagged and wearicd audience, who care
as little for politics Md 6paIcp, except Of the
prac lc,l kind That COMES home to tho Ddivid
ual pocket book, as they do for tie rings Of
Saturn or the txtioct volcanoes Of the moon.
The weather probabilities arc literature IT lar
moro intense interest TO tho large MI 1rity OF
the public thap the most subtle or tho most
profound di:quisi'ion 90 the constitution. The
little line 10 the local column that tells bow high
the Dtroury ranged yesterday has tWon,y read
ers where that able attack on Hayes civil SER
v;co reform policy had one. When, yes crdsy,
The clouds began to gloom and the rGl0 shortly
afterwards 10 rattle 90 roof and pane, what rope
could have kept people Tied 10 anV article,
however profound, whils lhcJ heard the dear
music which siguifed health, plenty, comfort
and every blessiog? Who cares. while the
drought continues, while peoIl, arc gliodiuR
corn 10 honipy mills, aud while tbs re.cvos
arc DO moro than slog0sut aud putrid puddes-
who cares silver about the selfish intrigues
and false blalter of the politicians. or cau
arouse himself 10 any special cjDOerp over the
liberties ard rights OF tho people ?-feiersJurg
Mdtn-Appcdl.
CLAIMANTS FOR mo MANS LAND. Il
ta,t Of land about four miles from Doylss,oHO,
Pa, covering about Two square miles, known
by the pane Ct NJ Mans L,Dd' uoI laid
ous 10 farms and private residences, is 5000 to
become source of litigation. The claimants
are the defendants of Samuel Reynolds, fifty
yesr5 ago a merchant Of Philadelphia. The
lard was first purchased 10 1857 by John Rsy
uo!dJ, who is supposed to have been lost ct sea
wtea returning 10 Eogiaud. A suit Was insti
tutcd for tho possession of the laod 10 1916, |
but it was uDsUc ,ess!ul, owing to proof Of he |
claimants Identity being missing. The l.nd
was tskea possession Of by sQ1stters, ss having |
no owner sDd the deEceGdauts and representa-
tives OF rhe .qua!ter5 will have TO deieDd the |
suit. The claimants are about Efty 10 numb:r |
prit cipally living 10 Pennsylvania aud New Jrr
spy. The lsud is now valued at over 81 900. |
600, If the sol; succeeds there ARE Gains
upon land 10 The city Of Philadelphia that will
be proceeded against.
a special cable dispatch, dated London, July |
25:h, says the weather to day at Winblsdoc
has been nueh tioer. Lisut. Adams Ind Cjl. |
Gibson scored 81 poiot- each in the Arthur |
Drizs, ard esch Won Two pousds. Se.geaDt
Riddle IN The Scurry pr z, made GO poiu,F.
The Canadian eight 10 the kolspore cup CON-
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