The New Orleans daily Democrat., 1880-04-17
THE NEW ORLEANS DEMOCRAT, SATURDAY, APRIL H. 1880.

growth could not be rushed any more than
could its physical. This truth recognized. it
was needful. he said, Ia order to attain suo-
cess In the Sunday school, to settle upon
some special course OF study, to mark
out some destination to be arrived at. and to
lay the eourse OF study accordingly. The
teacher should stick to the course when 1t was
once determined upon until tangible results
were attained. There were three courses Of
study that suggested themselves to the speaker
the Bible course, the eeslesiastlo course, and
the Christian eourse: the first devoted to the
study OF the Scriptures. the second to the cat
echism, and the third to the acquiring OF the
K nowlsdge of Jesus Christ, Az sample course
of study the speaker described the famous our
rioulum Of the Elmra Sunday school. where he
resided. that had been followed for twenty
years. It was founded upon the third oo1rae
or plan Of etudv. its central Idea being the study
Of Christ The course covered siE years, and
during h at time the entire Bib'e YVES studied
with view Of learning all about the Saviour Of
men. He advocated the old fashioned method
of memorlzng Scripture. and urged that the
sunday school should teach the child how to
pray and how to eing.
THE SOUTH AMERICAN TRADE.
Mr.. Trenor W Park. president OF the Panama
Committee on Pos tofIaees on the twelfth instant
and addressed them. particularly with refer
ence to the difficulties under which American
foreign commerce labors In competition with
foreign steamship companies He said that
when he became president of the Panama Oom-
psny he found the entire trade of the western
coast Of South America In the control OF an
English steamship company. but since then. by
an arrangement with that company. half OF the
trade from Oallao. excepting that In cotton.
wool sugar and coffee. was allowed to come by
way OF Panama, and consequently the tonnage
of tho railroad has Increased enormously The
trade Of that region is over ooe 900 year.
Owing to the monopoly which the English
steamship companies had, almost all the trade
went to Europe, although the distance was
much greater than to the United States He
spoke Of the importance Of this great trade and
of the immense benefit Il would be to Ameri-
can manufacturing and agricultural interests
II fair portion OF 1t could pe diverted
10 this country. He then showed why 1t
was impossible for American steamship COM
pants TO compete with those OF Europe. For
Instance. II the Panama Railroad Company
should attempt to do this trHtB tt wUutd reutttte
ut least eight vessels. aud the cost OF these would
be at least sl 900 900 more than the cost OF like
nies. Besides that original difference In cost,
the American company would have to pay per
cent insurance on that Inference and an annual
depreciation OF 10 per cent on the same, so that
IL the two companies we're to do exactly the
same amount Of business and at the same
rates. the English company could pay n
dividend to its stockholders while the
American company would be losing money.
In reference to the adverse laws un
der which American commerce. laboIs he cited
the caae OF the Pacific Mall Steamship Oompa-
n.y. which had to pay. In local taxes In New
York, between 5000 600 and s70o 900 within the
last ten years. while II did not Day single dol
lar In dividends. Buoh state of things could
not exist in England. where taxation is only
upon net profits. He also alluded to the addl-
tional cost Of running American steamship
lines In the way of large pay to officers and
crews. aud in duties paid on all articles which
enter into the construction OF vessels. from
which duties English steamship lines are free
THE CAPACITY OF THE M1NTs.
Mr.. Burchard. Director OF the Mint, appeared
before the House Committee on Coinage
Weights and Measures. on the twelfth instant.
In regard to the capacity Of the mints to reach
the maximum coinage required by law. He
said that IL Il was expedient. and the supply OF
bullion could be had without dif1i> >ulty. there
was gu fficient capacity. But the supply of bull
lion he said. is not and cannot be equal to the
demand which n maximum coinage would
create. The mint at Carson City, Nevada. has
been suspended for the last four or five months.
owing to q want Of bullion to keep It running,
while those at Philadelphia and New Orleans
have been working on extra time. He said
while he would not recommend the removal of
the mint from Carson City. vet. II the free coin
age of gold and slv or should be established. he
would regard It as stroke Of economy to e.
tabli sh n mint at some point where the supply
and dis bursement were greater. In that event
he egarded st. Louis as better. as we'll as
more central location. There are now In the
sub-treasury at New York upward of $50 ooo. 900
in gold bars and bul on to meet the foreign de-
mand. as the bait of trade increases against