New-York tribune., 1879-04-26


Pau. am astoD.hcd rLai such r,adcr Of trc iiibs
as Mr. Dolc, sbond make this mistake. III !. no
motto OF 81 Pau: II Is 80" notb of ~" to,i absti.
proves those who would hc subject 10 ihri oTdrIrcc..
lie declares that such ruic- ar often The and
worship" But he would have none OF them. -, CoI-
Norri.to,cn, n. j.. Ap,lIo 1879.
LEGAL-TENDER AND SURPLUS RESERVE
To me Ed,tor Of me TrtbHhe.
SIR: Please inform an enthusiastic reader
of 1HE TRBJ Of the meaning OF the following terms
when appear IN editorial entitled "R'.ults o! Re
SUMPTION" Of the issu" OF Monday, AprIl 2l Tho
bank statement of Saturday Gecisiv. blow 10 tie
crOake- Tor u showed incras" OF sI1627OO Ia fbo
Irea-eGder ieoer'e, and s3 -GOoI ~ ne snrpu, re-
N,,c- York. April 22. 1879.
The amount of legal-tenders held by the New
York associated banks according 10 the statement
Of Saturday. April 10. was $iO,672, l0O and this
about 81, 5OO. 900 more than the amount held
according 10 the previous statement of Saturday.
Apn II.
The surplus reserve" Is the amount Of cash
lcgal-t"nders and specie-held by the banks in cx-
cess of the amount required by law. namely, % per
cent Of their deposits. Their deposits, on Saturday,
April 10, were 5000 255, 900. so that the legally
required reserve then was $50 O63.750 The re-
serve actually held was OF legal-teDdcrs above,
700. This was in excess of the legal requirement
50, 1890 and that sum was larger by S3.2G0,575
than the surplus reserve according to the previous
statement Of Saturday. April 12.-kdl
GREENBACKERS AND THE SOLID SOUTH
To the razor Of me Trt6une.
SIR: In my opinion you are mistaken in
supposing that change OF views the finance ques-
tons contributed largely 10 Republican In tho
recent Spring elections. I am confident that the 40
called Grecnback sentiment In the Wost il stronger now
tan 1t has been at any time. am equally
fdeut It Is gathering strength rapidly. Its advocates
IN earnest; but nany Of them are IA patriotic as
they are candid. and and Will AZ time sink the
partisan In the patriot becomes necessary TO MAIN
tain the JUST balance Of power IN this country. Tho
audacious attempt OF the Democrats 10 break down the
safeguards OF the baobox IL bnt index to what may
be oosch for should they come into pow'r IL Is fear
% ths that has Influenced manY Od pnbicaE' 10 fall
back again into line with that once grand and glorious
Old party of liberty ami champion o. human nights.
ThrGIcld OF Solid South hangs over the minds ot
against - sold south 1. undesirable; vet at present t
cns t. be toe remedy ior greater threatened
evil Would ~ cod ~ were otherwise.
The Gcrnhack,-. of whom you sirah In no very com.
lmcutdIy way VII make iLruselyc- 20 be beard AMI
Their ro"rr i"lt al no distant ''': lHry thhhot con.
-i-ierty support any man on pauorn 10 TIE in"frst
of NtlpuM BANKS, Huioui'i5 hId nnaAcd calIIil
Why VIII t." Rcluh an party drive many "i iis
iIrul. aJ INTO ID, uuc.tfic ranks by dbd.dpH
s thr rig 4, ~ mil 'u, OF wtatiprOhucrrs and ihN-
ptyti Hiu al lug Itself win the utoheJrd Hrislucracy
% ID" word airsf the tons millions Of her lovers
JUl former d.VOttr-
Il l. 10 III u tUur to.ry sauciIm aui wlte m
vrr.n nr~ tt' n- Gr''u'h' k'i~. - Il Wa ~ i>b lbe
man " no ddird tu c,potj~e he cause OF freedom. ot
litHtIuty, -. la-'i"., W.. an "u"lt"rl-t, q "o'.A
head fTcrlou-sh;'.~, -ru-' gut y ' etc. 'tr.
his al stun l-ii nu' lost ~ l-OD IL tue
ru pie c.lu - 10 I.ri tnIul-i he Republican parts,
tyrl must s.ra II Vi.rt oHi GI'rrbt p'affH,
Grant carry ~tfr ru1{ q; 81, 30. ana sUius
stats south OF AZ. On Aaf-ou,y .iI la nt san 10
b,at,U. "N
Fillmore, Ind, April II. l-7p.