The Cincinnati daily star. [volume] ([Cincinnati, Ohio]) 1875-1880, 1880-02-17
SPIRIT OF THE PRESS.
The English pspsr. Of rhi. Morning

Census Supervisors; that il the confirma-
ton of the NUMBER of Supervisors required
by law should fail, the responsibility for the
delay in this important work will rest with
the Democrats. This is an asser-
ton of the doctrine that the
Senate is compelled to confirm all
appointments made by the President,
or to take the attitude of obstructing the
operations of the Government The Presi-
dent SAYS, practically, touching these little
census appointments that the Senate is
trying to coerce him. If the Senate refuses
to confirm nomination made by the
President, it is trying 10 coerce the Presi-
dentl But if the President insists on fore
ing his nominations upon the Senate, he is
not trying to coerce the Senate-of course.
These census appointments are Of
little consequence; but the rights of the
Senate and the rights of the Executive are
of great Importance.
The Commercial says: A case involving
some questions of interest to building as
sociati ns was disposed of yesterday in the
Superior Court One of these associations,
incorporated in 1871, provided in its
organic law that members might borrow
the estimated value Of their shares on
mortgage security, the mortgage to remain
in force until every member should have
received all he was entitled to by virtue
of his membership; and another article in
the Constitution declared that there should
be no change or amendments of this
provision. The Board of Directors,
however, arrived at the conclusion
that it would facilitate the "winding
up" If they were to redeem the shares, and
they offered premiums to non-borr0wing
members to withdraw. Under several res
olutions adopted on this subject a large
portion Of the members withdrew, those
who went out on what is termed "the
eight-years' basis" receiving profit of $92
per share. As the time for winding up
came round, it was found there was def
cheney of s. ZOO. and it was claimed those
who held uncancelled mortgages should
bear the burden. The Court held that the
resoluti ms of the Association under which
these Withdrawals took place were in con.
f1ct with the provisions of the constitu-
tions above referred to, and were Illegal;
that the mortgagor members, not
withstanding their alleged Withdrawals and
releases, were still members of the associa-
ton, and liable equally with those who did
not obtain such releases for their equitable
proportion of the amount necessary to pay
off the liabilities. This was applicable also
to non-borrowing members-The Iowa
fool. Weaver, Is still going on about the
issue of $500, ,00O, 900 in greenbacks to pay
soldiers the difference between greenbacks
and gold He should be beaten to death
with stuffed club.-The Kentucky Treas
ury at the beginning of the next fiscal
year, (Oct Der 10th, it is estimated, will be
short $6O0 900. r..
The Gazette says: The amount of silver
dollars in the Treasury on the first of this
month was 34961 Gil, and was about
81 SOC, 900 greater than month before.
These coins accumulate in the Treasury
nearly as fast as coined. The Secretary has
tired the forcing process in several ways to
get the dollars into circulation, such as
sending them over the country at the ex-
pens of the Treasury, and making govern
ment employees AXE part of their pay in
silver dollars; but after all the whole
amount in circulation Is less than twelve
millions. And these forcing measures dis
credit this coin. They are not used in any
OF tie great financial business, for the pay
ments in this are made through the
New York Clearing House, of which
the Treasurer Of New York is q mem
ber, and the Clearing House rejects silver
payment The silver dollar operation is
therefore to buy silver to coin and pile up
in the Treasury vaults because nobody will
take 1.-THE Panama sea level canal
scheme adopted by the Paris Congress and
Lesseps is the digging Of tunnel, whose
bottom shall be 1928 feet below the sea
level, through mountain range length
which the congress did not know, but
which may be twelve to fifteen miles. This
tunnel is to be 1911 feet high from the but
tom Of the canal, 56 49 wide at the bottom,
65 feet wide at tile intended water level.
It's excavation being under high noun
tain, can Guy be from each end, and that
part of it below the sea level will be under
water, unless kept clear by dams
and pumping engines. Whether this
clearance is possible, under the
seams of water which the bore will pene.
trate in the mountain. is question. These
seams under mountain range having
peaks more than two Thousand feet high,
may be such as to food the tunnel, and,
under such a pressure, must inevitably
have a continual and powerful action in
displacing the rocky roof and sides of the
tunnel. As we remarked, 81 far as the
. getting of canal is c ncerned, we can
safely let Lesseps 60 on and sink French
money in that hole. We need have no con
, Germ as t. any commercial or political ad.
vantages that are to come by the passage OF
ships through that place. The engineering
principle that some things can
be done as we'll as others did not carry
Sam. Patch through, and M. de Lesseps'
will, in like manner, find its limitation.
The. losses OF farmers in the United King.
dom, during 1870, on account of failure Of
crops, is estimated by experts at the enor
nous sum of $500, ,000, 900 to $3.50, OOO, ,0O0.-
The Government would bave the Same diff
ficulty, should it take in hand General
Ruggles' invention to precipitate rainfall
by sending up balloons with dynamite to be
exploded by time fires in the clouds. Never
would everybody be ready for rain. After
every .vernment shower there would be
claims for damages. 1t would be as danger
GUS as the great Greenback Statesman
Weaver's plan to make the Government
responsible to individuals for all thu
depreciation of the greenoacks anc
then to issue one thousand millions
more.-The very essence of the greenbacl
principle is that the fat of the govern
ment makes these notes absolute money
makes them the standard money, and sep
4Lo.. E.,1Iv f,,cn