, 1879-02-26

e.'turlsts discover Tint II common basis for
sr tns. a., s'als en .asy be ionn ard tfat y
satisfaction With their nrctont condition. There
scchla 10 be comfort III pompolia phtaees, such
Us "protectlon Of tho national labor" pre-
etc. but when the question q establishing
positive tariffs comes up 1t 10 seen 10
lake an awkward sl.apc. This !.
tho reason why tho tahoFs OF tho Tariff
1he only report which is road7 Is tint Tor eai.
cndnrs, playtng.cattls, and cuIpowder: Its
author, tho lnotnbcr for tho ffanse Towna,
thtnks TINT tor tho fourth article allotted 70
.hanlj be appointed. On the otfet ha,d, !
German Finance Ministers ut Heidelberg. Tic
Raising Of tho cufteo-duty To- 81 shlllfnEs per
i a e.p %: sesq senans i o b, ,, r. M GsqS0es os wo 9s
agatnat hftn.'' Meantime he continues h's
arraran cuiallcs, and IN ono Of thcn puss for
ward tho Ingenious argument TINT foreign corn
and cattle must 10 taxcd in order 10 procure
lax paid by tho German producer: 'l'llo
Prince nppnrcnsly seems to think TINT foreign
proJuco comes. froIn pnradisiacal countries
where taxatlon is unknown. Ilo oTcrl9oks tue
tain measure of protection for such bulky artf.
clcs, un he iatls TO Indicate how the desired
equalization Is to bc established In order to Tx
exactly the import duty for q1art.f oi wheat
or a sheep. II fa curious coincidence that his
colleague, tic Minister for Agriculture, should
Just al this moment l,a7o published mn excellent
report on the condition Of pfussian agriculture,
In which l1c makes the following observations:
II Is impossible for tho agriculture Of an old
country to farm In the satno way as tue nEricul-
t.lte OF countrtcs where tho iAnh costs nearly
nothing; For agriculture should prodllcc moro
Of such articles as those countries arc not nbtc
to compete with Us fn, at hong. 10 consequence
of want nf cnnitn scarcity Gf hands. or difficult
ty Uf transport.
THE ClrY or GLASGOW rANK-durTERs-snAME-
ruL 1NADEQuAcr oP T11HlR PUNISHMENT.
london rtfl.4HdH 0a:ttfe. Fsb. =.
There is something tla9rantEy wrong III Scot
land somewhere unlcss q protest, both loud
md general, ia mude In that country against
tho inadequury Of tic sentence On tho two
groups Of tho City of Hlnsgow Bank Directors.
The Julgo tells 2tronach and Potter that tho
Jury hayo found them guilty Of fslstfying and
faprtcatfng tho balnnco.shccts5 md Of uttcrlng
aud publishing them, knowing them to be falsc,
nn1 ho awards eighteen months imprisonment,
not with, but without, hard lahor-,a nero re-
treat, in point Of fart, from the cSo Of tho
world Until their health can he rc-cstablfshed
by rest and quiet and their regulations reyar-
ntsi1ct.
10 Stewart, sa1mond, Wright, 1nelB, and
Taylor the Judge says That tho Jury havo found
them guilty, not Of falsifylng al.d fabrieating
the bn!ancc.shects, but Of uttcrlng and
publishing them, knowing them to
be false, and hc awards to each Of
these eight months OF similar sec1usion
from tie gaze OF Ennnlllnd-or about one months
scclision to each prisoner for each million OF
Inuncy malo away with By rcnson Of his fra,ltlu-
the ofIonsc aud the pltntsllmont Is sculllla1ons
vlicn compared with tic far heavier pnnisl1-
lncnts constantly inflicted upon smaller and
poorer aud more helpless otGcNders for crimes
pic. Iluro arc sercn rlcu who los ycass past
have pcrststctl IN deliberate frauds Of HlnEnl-
tudc beyond example. tho effect Of which they
knew 1Hust iii short tfnlo be ruin to thousands
mild imprls6n1ncut; ind Tic Judge, in iutimat-
Ing to item this conclusion Of tho case, refratns
from using tho Language uf rcprobation which
etlrely tho magnitude Of the critno demanded,
eizes e: for t,,e tltsagseeaIle eo@tnanicatloa q
wi1'eh he Is tho otlirf1l ychtclel The event ts
nothing al,ort Of bubble ca!amlty. "Fabr1cat-
inE, ialsifying. publishlnE, a'.l uttcrlnE Will
pnblis baiancs.shcuts IT = bank With thousands
OF depositors md dozen millions Of liabilities
IL 60 trlnE an oftcnso tint In the estimation Of
tic first court of seotland 1t Is mot by 1ese pun
FREQ Kirk au,1 tho other Kirks IN scotland do
mot ra!se q cry against this scandal there can ou
10 anchnsta9leness ~ eunpos'nM9 ~ snat uS rcn.
pns ,sr "aE m H. y, ~, ~ s t,os hnwa "
~ n .ie ~. ~
o9taea Ior t9H 81 M nqst nnWnocsoFE,1 T.. Fh Matt t
III. al r. " su ao Luz s ~ md % H. Il.
ss,nrs ~ WI ~, rt,s Ju RonE Wa hrnnac bot,
tost1Ts q Ias bIttsn Dank: Me osmn4eu 3osn ,,
H. MSsShhM nasonet lplotFt ~ ng wasJ ~" t te
Eass.hn uiaegtoas 1,e so as..a5 eneca5 t"as tle
ploeess has nut hau to oc rcEea.ea'
GOOD TlNus IN NAW zEALAaDt WITH Ftos-
FEcf or CRASH. II.
LoHdon 0aztttt, ftt. 9.
The opening Of the trunk railway In the
Southern Islalt of New Zealaud from Christ
enuFeh 10 ln7c9easel. east'ee btep Aus1heE
ahe public works anu immigration pol'ey oeeun
eight ycars ago. That period las been for Now
| Zealand ono OF uncxan,plcd prosperity; tho
| no,,,1ntton hna t,een vastly tncreuscd tho value
~, ,,,,,,,,, II ns ,,.s rtson or tharo co h.
ol u'e puollo 'anas has flsca' ana tAs'o ea', ~
little doubt that II the samo 8Ss'cH could bc
continued indefinitely, New Zealand would soo,l
! rival in nrosneritv tie most urospnrous Of the
.,,at atro,;a,, o.,1onin; ,1,,hor,c hnrrnvpr In.
,,1"sa.,o,, a.,d ra,,r,,, hutit,r bovo tror. pncc