davidaulloa/AmericanStories huggingface dataset:
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

Regarding the failure of the Reading
companies, the London Times, says. in its
financial column: at is a pity that the
credit of United States railroad securities
Should be thus ruined in Europe, for it is
hardly to be expected after this that buyers
will be easily found on this side of the At
iantic." Editorially the same newspaper
says ave cannot regard the eclipse Of the
Philadelphia and Reading Railroad Com
pany as permanent. Its property has fall
len in value, but men must have coal and
Iron, and so recovery Of trade in these com
inodites is inevitable. With the revival oI
activity in this commerce, the conpahy
must recover something ofits fortune, though
the shareholders may wisely refuse to be
sanguine in looking for speedy returns tC
days of dividends oil theit original shares.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

cal conference has been held, in the still,
small hours Of the night, which settled the
destinics Of statesmen and parties. But all
these are matters ofthe past. All have had
to give way 70 the necessities of the present
King Lager Beer has swept every material
thing out of existence, and in huge hall
erected on the site will hereafter celebrate
bis triumph over old Washington and its
reverb memories Of the good and great
in so far as they were connected with this
pile OF bricks and mortar. When Lafayette
made this house his home he planted sev-
eral yonng trees in its yard or garden to
celebrate his farewell visit to America, and
these having grown into large and shady
proportions, have been spared by the new
proprietor, SO that his customers may quafl
their beer to the honor and memory ofthose
whose brains and not their stomachs ruled
the nation in former days. The Seaton
Mansion has disappeared, and on its ruins
has arisen beer garden. Don PEDRO.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

As 10 how the Third Term is to be
forced through at Chicago, reSt Wednesday,
is thus explained by the Washington corre-
spOndent Of the N. Y. Tribune, writing un-
der date of the 25th inst. He says: at is
known here Washington that the Grant
leaders have arranged the following plan
for the control of the Chicago Convention;
Ofcourse Senator Cameron, when he calls
the convention together, will be obliged to
nominate for temporary Chairman whomso-
ever the National Committee selects; but it
will be arranged to have some leading
Grant delegate move 10 substitute the name
ofa Grant man for the place. On that there
will have to be vote by the convention,
and an ettempt will be made TO enforce the
unit rule when that vote is taken. Nat
urally some delegates from Pennsylvania,
New York, and other states will insist on
voting differently from the majority of their
delegations from those states; but Senator
Cameron, who will be in the chair will de-
eide that the unit rule is binding upon all
delegations representing states in which it
was adopted. fthe antI-Grant men appeal
from this decision and vote is taken upon
the appeal, Senator Cameron will decide
egam chat the unit rule must be enforced
in this vote also. The Grant men have been
talking about this programme freely, and
assert, with the greatest apparent confidence,
that by the help of Senator Cameron and
the unit rule they will not only get tenn
porary chairman, but also that when it
canes to the choice Of permanent chairman
they will secure him likewise BY the same
kind oftactics."
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

The United States Circuit Court of Penn.
sylvania and New Jersey, sitting at Pitts
burg, last Monday appointed Franklin B.
Gowen, Edwin NJ. Lewis and Stephen A..
Caldwell receivers of the Reading Railroad
and Coal ind Iron Company. Mr.. Lewis,
the president Of the Farmers and Mechan.
les Bank, is trustee of the Reading Railroad
income mortgage. Mr.. Caldwell is presi-
dent of the Fidelity Trust Company, which
is trustee Of the Coal and Iron Company's
$25 ,OOO,O mortgage. The bill in equity,
asking for the receiyership, was drawn up
ON Saturday and filed in the court Office at
Philadelphia, being taken to Pittsburg in
thne to present to the court Monday morn.
fEg. Ths application was made by Moses
Tayfor,'of New York, a holder of income
mortgages bonds, and II is understood that
oil the parties in interest concur in this dis
position Of the case. The receivers are re-
quired IN give s5O9IoGO security in Pennsyl.
Vania, and Also $560OoO additional for New
Jersey, for action under the lease of this
Bound Brook Railroad They are to pas.
their accounts monthly before Joseph A
Clay and George M. Dallas,who are appoint
ca epcelal masters in the case. They ar,
directed to run and operate the railroad o
the Philadelphia and Reading Company ant
leased lines, and To- continue the minini
operations ana ether business Of the Goa
and Iron Company.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29
OBSERVATION-DISCLOSURES

A Philadelphia Record reporter inter-
viewed Col Bob Ingersoll on the Presden-
tial question, and here is the result;
Colonel Robert G.. Iugersoll was found an
hour after the close of his lecture Tuesday
night in parlor of the Colonnade Hotel,
Philadelphia, preparing to take his depar
ture for Washington. Brushing off the beads
of sweat which stood on his forehead he re e.
marked in answer to question: 1'm out
of politics. Why Simply because l am
out Who am for? Blaine, first, last, all
the time. If l happen to go to the conven-
tion shall support Blaine as heartily as
did four years ago."
"How do you find the sentiment of the
country in your travels?"
"The Republican voters are undoubtedly
for Blaine-that is TO say, a large majority
of them. If left to themselves, and not led
he is their choice"
"Suppose Grant is the nominee ?"
"He would make a good fight, but he
would not be as strong as Blaine"
"Coulf slP be elected ?"
"That depends upon whom the Democrats
nominate"
"Say Bayard? ?"
"Then Grant would win"
"Hancock ?"
"Then it would be soldier against soldier,
and as Grant IS heap atop in that line be
would win"
"What abo9t SEYMOUR
"He is the strongest man the Democrats
could nominate;and if Grant is to be beaten
Seymour would be the most likely man to
do it. He is an honest man, and man of
ability. Grant is the same; but he would
not be the best Republican candidate on ac-
count Of the prejudice against the third
term. That prejudice alone however world
not be enough to insure his defeat. Nearly
every one of these so.cale6 anti-third term
men will vote for Grant ifhe is the nominee.
They may not lire to do it, but they will do
it, and that's all there is in their opposition.
As a plain Republican citizen am for
Blaine first and for Grant second"
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

Granted by the United States to citizens ofthis
State, for the week ending May 25, 1880, furn-
ished for the CARBON ADVOCATE from the
Law and Patent office of j. MoC. PERKINS,
800 l. Street, Gust north OF the Patent OGice,)
Washington, ID. q.
J.C. Ayers, assignor of AS interest to W.
Ayers and others, Philadelphia leather horse
net!
y. q. Bennett, Philadelphia, asslgnor of Il
interest to ]. II. White, Boston, Mass, port:
able folding derrick.
F. L. Blair, Allegheny, machine for cutting
cork.
W. p. Breeding, assignor of u interest to
y. II. Horne, Philadelphia, apparatus for
bundling hoop iron.
w. NJ. Davis, Philadelphia, deposlting gold
from its solutions.
r. D. Dohghertyi Philadelphia division
block and holder for stone saws.
W. X. Edelen, ,assignor of "a interestto B. F.
Brundred, OH City, polishing adjuster for oil
and other wells.
]. R. Finney, Pittsburg, shsde ana curtain
roller.
E. w. Fust, Philadelphia, building block.
W. A! Gildsy, Philadelphia, street car
motor.
W. o; Hiclsok, Harrisburg, pen clamp bar
for ruling machines.
N. w. Horton, Wllkesbarre, carriage fol
rock drills
E. Longstrethj Philadelphia, crown bar fol
fre boxes.
r. Magill, assighor,to ], y. Umbstaetter, E
| J. Warming, b. +. Asper, and w. J.Patter-
son, Pittsburg, rock drill machine.
E. f. Prentss, Philadefplgis, apparstUs fol
rectifying spirits!
r. +, Preusser, Easton, ice oreepet.
G. W. Rishel, North Mountain, and Z
Rishel, Turbotsville, fire tightncr.
y. b. SrAith, Altoona apparatus for kind.
ling ffres.
S. Stutz, Pittsburg, coal washing machine
i W. Weaver, PhenixsVille, coal mining ant
fuarryins machine.
E. II. Williams Little MeSdoTs, bridIe anC
check rein!
O. L. Travis, Minneapolis, MIMI, assigno
by mesns assignment to Grain Binder As
ISOLATION, Norristown, cleaner and binder.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29
SPECIAL CORRESPONDENCE.
OUR WASHINGTON SPECIAL
WAsHINGToN, May "a, 1880

WAsHINGToS, May "a, 1880.
A few evenings ago l attended quite a
fashionable reception at Fernando Woods
fine residence, near the Executive Mansion.
1t was what is called here a card reception,
that is, no one is supposed to so unless speei-
ally invited. The mob therefore were in a
measure restrained, but there were a plenty
o. people who came. The cards, it seems,
had been very literally distributed among
his Congressional colleagues, and they came
in deluge, accompanied by the inevitable
"Pinafore" retinue of sisters, cousins, and
sunts, As stood in the crush-oompeiled
10 stand because locomotion was practically
out of the question: amused myself by
noticing the peculiarities Of the Congress
man and the Congresswoman. Both are
oddities, but if / may SO say 50, the ladies
areyin many cases, quainter than the men.
On the Western frontier women are scarce,
and hence; under certain laws of political
economy sud social fcience, at a premium.
They go off fast, and without too critical an
examination. Consequently, women who
marry rising young lawyers and successful
or at least hopeful young sprouts Of all sorts
in that section of the country, sre not apt tC
be women Of any extraordinary grace ol
culture. No doubt they are good, sensible
yiTiaons women, but they are not born
leaders Of society aud queens of Che sfion
The husband prosPers, goes to the LegisIa
tuFo, aud subsequently, we will say, to Con
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

EEdenbdrg) oBce the liveliest and most
prosperous town 10 the lower oil regions,
Clarion COUNTY, Pa, was almost completely
destroyed by FIRE, Saturday night. Al the
tinie the alarm was sounded almost the en-
iire population was witnessing a circus per-
formance. Seventy buildings wers de-
stroyed in the heart of the town. Upward
of one hundaed families are hotfteless, and
many who bad slept in comfortable beds
the night previous slept on the ground. The
total loss will reach 5000 900.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

Commenting upon the filure Of the
Reading R. R. Company, the X. Y. Jour
nal Of Commerce, says; CATER all, the coal
eool did not save the Reading Railroad
Company nom failure. The coal eombina-
eou was the last desperate expedient to
Aoat a sinking concern. The Reading Rail-
road was the master Of the Coal Ring,
There would have been no restriction OF out
put and no attempt 70 fOres up the price OF
enal but for the leadership Of the Reading
Railroad. Coal consumers can now sec 70
what they have beer paying tribute. They
have been taxed 10 support a company long
ago bahkrupted by extravlgancs and folly
IiFl il been managed with ordinary pru.
denee and sagacity, there would have been
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

Samuel Smith, Of Lebanon, was bound
aud robbed near that place on Saturday
night by unknown parties.
Representative Republicans Of the CEN
trail part Of Montgomery county have for
mally denounced the third term.
A child without head and with the eyes,
nose and mouth located between the shout
ders was born in Erie on Sunday.
A daughter of Peter Sheets, living at Pat
terson's Mills, Delaware county, fell in the
creek there on Sunday and was drowned.
Colonel Green. Of Philadelphia, was. Mon
day appointed Prolhonotary Of the Eastern
District Of Pennsylvania by the Supreme
Court. The appointment takes effect on
the Isl Of June.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

no need Of a Coal Ring to make up by ex-
tortons from the public for the lack of le-
gitimate aud honest earnings. All Rings,
whether organised by railroads or by gas
or by coal companies, have n Similar origin.
They are the confessions Of the incapacity
of companies to compete for and secure their
fair share of business in q regular way.
They are efforts to overreach customers by
cunning and force when there is a deficiency
of brains and integrity in the management
All pools go the same way-to the bad-at
last. They all break up through mutual
treachery."
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29


-Pennsylvania is suffering greatly from
the heat and the long-contnued drought.
Complaints come, too, from Delaware and
across the river in New Jersey that the
ground is parched and dry, and that the one
thing needed is rain. Early vegetables in
the Philadelphia markets average twenty
per cent. higher than they should. In the
market gardening districts there are loud
complaints. The terrible heat is whitening
the vegetables, and there is not drop OF
water to afford relief. The vegetable gar
dens in New Jersey are ali drying up. AS
an instance of the effect of the heat and the
absence of rain it may be stated that thus
far only about 200 car loads of Strawberries
have been shipped north over the Delaware
Railroad, while i'll ordinary seasons that
humber would have been increased three
fold. An over Pennsylvania the drouth is
severely felt. The rivers are running low
and not a drop of water is flowing over the
dam at Fairmount water works on the
schuylkill, an unusual thing at this time oi
The year. Farmers say that unless rain
comes soon their losses will be very heavy.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29
|ht Carbon Sdrpfatr,
v. MORTIMER, EDITOR
bRHIaHToN. PAa
SATURDAY. MAY, 20, 1880.

According TO the weather record at the
Philadelphia Exchange, Wednesday was the
hottest May day for the past q years, the
thermometer registering at 3 o'clock p. M,
96I degrees. Four refsohs died during the
day from the effects Of the intense heat,
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

In toiiscqdeHSe II The action taken by
the trtink lines id irieeting In New York,
The Perinssleania Railroad Company has
decided not 70 issue any free passes to either
or tie hatiohal political parties on the oc-
casiotis Of the conventions at Chicago and
Cincinnati The company will, however,
Id connection with the other lines. issue
round trip excursion tickets at reduced rates.
Tbesa ara tha fgurae Jotarpn;nad unon,
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

The tickets to the Chicago Convention will
be sold from May 25 to June I, at the COM
pany's ticket offices at the above named
points; and will be good until June 10. The
Cihcinhdti tickets viii be sold from June
IA to June 81, and will be accepted for the
tetifti trip until June 30.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29
MISCELLANEOUS.

w. NJ. Rapsher, salary as Sec'y.... 80 90
]. X. Rickert, fence pUsts........... 3 rs
2 years and sundry expenses. 90 90
Daniel GTaver, horse hire .......... 81
L. 5. Jacoby, engineering services. II 81
ii. '. N orthimer, printing annual
statement ................,,..' Y W
w. p. Long, buckets, &C., for Leh.
Hook and Ladder Co........... 3S %
James H.llenbach, hauling ...,..,. 20
ThOs. ). Beck afIidavits and oaths
OF OH te. Observation-Disclosures. 10
B. J. kuntZ, posts .................: so
Chas. Frochlich, blacksmith work. 50
John Rinker, blacksmith work.. 0O
VIM. Miller, for State taX......... las IS
Daniel Schoch lime. ii 81
Jacob Strausburger, faging. IA
VIM. Miller, salary as Treasurer. q. 30 90
David Hbbert' ha9tfng. .............. 40
UTiah FatZinger, sundftes. !....:. SO
]. j.. Gable, nails and lumber....., 6 IS
PhaOn Clauss, manure for square,. s 80
Orlando kemerer, services as Police. 4 90
Reub. Hunsicker, manure for square. 7 10
VIM. Miller, bal. rs salary .......... 40 80
Reuben Hunsicker, work and ma
nutre on Public Square. 10 so
II. Kostenbader, services as Police. 90
Abr. bartholomew, interest on bonds IS on
Il. A. Bauer, " 2S 90
Adam German 200 46
ID. H. Straup, " 81 90
Uhas. Seibert, g " 6S &C
William Romig, % so
Abr. Bartholomew, 70 90
Leah Boyer, " 2S 90
Frederick Brinkmani" " 70 95
1st M Nat; , B,9k Lehighton' " " :. e 90 90
Abraham Bartholomew, Bond. 500 90
Adam German, 7l3O 90
Abraha bartholomew, 100 90
LIST Nat. Bank Lehighton, $40 90
Abraham Bartholomew, q 100 W
Balance .........,......... AZ II
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

EZRA NEwHARD, Collector, in account
with the Borough of Lehighton, Pa.
DIR.
May 20, lsT9-To balance due on
Duplicate of lS7s,...............S 1886 90
Amount Of Duplicate for lS79....... 3,ssI S5
ARA As
OR.
BY cash paid VIM Miller, Treasur-
eT, amount OF Duplicate for lS7s.S $3.50 90
BY cash paid VIM. Miller, Treasur-
er on account Of Duplicate for 20. 3,4Tl 90
EXoneratiOn on Borough Tax....... II 2S
Commission ...'..',.'''..''..'...... lsO b3
4,O75 a
Balance due on Duplicate for ls79.s l40 o.
We the undersigned duly elected Auditors,
Of the Borough OF Lehghton, do eortty that
the foregoing accounts are correct to the best
Of our knowledge and belief
W. A. DERHAMER,)
W. W. BOWMAN, Auditors.
W. p. LONG.
Nav &. ls89.-W8
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

ait will be seen from the above that the
whole does not exceed $4,000 tons, which is
not excessively large when it is taken into
consideration that the entirs domestic sur
plus stock Of the country has been consumed
during the past twelve months, and, from
present appearances, the number of offurnaces
going out, there is not much fear that q sur.
plus will be made in this country this year
Believing that it is to the interest of the
community TO know that iron is not quite
so sick as il looks, we furnish you with the
above figures"
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

n;o,,o, sI5n 70 siOO.-All strictly First Class
PIdIlIlN Sold at Wholesale Factory Prices
luuUD HIGHEST II oNORs At Centennial Ex.
mbitlOL. MathusheG's Scale tOT Square GrRnds.
Finest Updghts in America. 1900 I'm use
Catalogue OF IS pages-free.
JUBILEE ORGANS. the best In the world
AnGstop organ. only SIS rs stops tg7-Circu.
lars free All mt on 10 days trial-freight free
" unsatlsfacAJry FACTORY. 57th - and 10th
Avenue. SHEET MUSIC at y o.
price. CataiOgues OF 500 choice IIVIIdIlN
pieces sent fOl Sc. stamp. Address, vi R1uD
mEnDELSsOHN PIANO co.
apr SIMS Box 2U.s. N. Y.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29

-Messrs. Edward Samuel & Co.. of Phil
adelphis, good source for the information
they communicate, write the Ledger that
"As there has been so much talk of late OF
the enormous stocks Of foreign iron stored IN
New York, we beg to hand you herewith
figures, which, although not official, we be-
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29
TIOTEL STAND FOR SALE.

The undersigned offers at Private Sale, his
Hotel stand, known as the "HORSE SHO r
10 Bowman's, and about a quarter Of nile
below the Parryville Furnaces. This oilers
q rare chance for any one In search oI a tirst
class business place. For further particulars
II. FELLMAN,
Apr. "a, lss0-W3. Proprietor.
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29
NOTICE.

Estate OF Lewis Horn. lata OF Franklin Town. i.
ship, carbon County, Pa. deceased.
Letters e1ecutorY upon the above named
estate having been granted 20 the undersigned,
all prrs0ns haylng claims against the same Will
present them duly authenticated for payment.
aud those indebted tneretu Will make pc Vme nt
10 CHARLOTTE HORN.
JOSIAH RucH,
Exroutofs, &c.
Frlssin twp. March q, Iss.-W6
The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1880-05-29
sSfHTi soUT TFRHTTTi3FREE ] dRsg5:s $s5?s

For Young Men, Ladies', Teachers and Others
in every county. $50 TO sf5 per month. send
for circular AMI OUTFIT z. W. ZElGLER s
CO., 1000 Arch ST., Phila., Pa. mayl-4t
Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1880-01-20
1850.
HARPER'S MAGAZINE.
ILLUSTRATED.

studying the subject effectively and
from the educational point Of yiew-seek-
ing to provide that which taken altogetii-
or, will be OF the most service to the lafg-
est NUMBER long ago concluded that, II
Il could have but one work for public
library, I would select complete set Of
HARPER's MONTHLY Charles Francis
Adams, Jr.
Its contents are contributed by the most
eminent authors and artists of Europe and
America, while the long experience Of its
publishers has made them thoroughly con-
versant with the desires of the public,
which they will spare no effort to crafty
The volumes of the Magazine begin
with the numbers for June and December
of each year. When no time is specified
it will be understood that the subscriber
wishes 10 begin with the current Number
Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1880-01-20
NoIice.
TERRTToRY on fpAHo

County of Boise. In Probats Court.
In the matter of the estate OF Bailey Simpson,
deceased.
FaURsUANT TO AN ORDER OF SAID COURT,
made on the 18th day of January, 1880, notice
Is hsreby given that Wednesday, the 26sh day OF
January 1885, a. IL o'cieek A. NJ. of said day. and
the court room of said Court have bsen appointed
the time and place for proving the viii OF said
Bailey Simpson. deceased, and for the hearing the
application OF Gertrude Simpson for the issuance
to her OF letters testaTneniary. when and where
any person interested may appear aud cnnrest ths
same T. S. HART.
Probate Judge and ex-Offeio Clerk.
Dated January Is, A. D. 1880.
Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1880-01-20

TuE Ute reservation is tolerably
large ranch for three thousand lazy
Indians to occupy, and too valuable a
piece ofproperty to be left unimpioved'
1t contains about twelve million acres
Of land. much Of it finely adapted TO
agricultural purposes and much Of il
rich in silver and gold.
Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1880-01-20

THE distress in Ireland is increasing,
and Mayor Kalloch, Of San Francisco,
has received dispatch from London,
signed by the Lorn Mayor and Irish
Relief Committee, appealing for aid.
The Irish Aid Society Of San Francisco,
responded by telegraphing $4,000.
Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1880-01-20

MAINE aud Florida are situated at
the Northern and Southern extremi-
ties Of the Union. If Democratic
eanvassing board in Maine reverses
the popular vote in 1879 by mauipu-
lating returns, it, the New York Her
ela alleges, initiates Republican can
vassing board in Florida in 1876. II
is an example of extremes meeting.
Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1880-01-20

THERE is q strong probability that
the present Legislature Of California
win make some law against the stock
boards The New Constitution gives
that body the power to entirely prohib-
it the meetings Of the boards and there
is d great deal Of pressure being
brought to bear to bring ii about.
Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1880-01-20

The Rocky Mountain Herald states
that at least $4,000 horses and mules
are employed in drawing supplies,
machinery, merchandise, ore and bull
ion 10, and assisting in transacting
the daily business of Leadville
Idaho semi-weekly world. [volume] (Idaho City, Idaho Territory) 1875-1908, 1880-01-20

IT is thought by many members Of
Congress that the public debt can be
refunded in the future at rate Of in
tercst as low al 81 per cent An Eff
fort will made to enforce this view by
legislation