The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1881-03-01
Public Opinion.

Philsdelphia Times, Ind. Feb. 81
There Is no reason to doubt that the
Funding bill, as perfected by the Senate,
will become Law this week and go into
operation forthwith. I,s provisions are
based on the present solid prosperity of
oil branches Of our industries, trusting
to no hazsrds beyond those that mus,
enter into all legitimate financial calcu.
lations 1t was not conceived in haste
or passed in hurry. II underwent the
sev-rest scrutiny in the House and SEN
ate, hut comes forth the resnlt Of the
most mature consideration of men abun-
danllv enlightened by past experience.
The extraordinary unanimity of the
Senators on the final vnte. involving the
conversion, Of MANY whose first impulse
had been adverse to 80 low q rate as 8
per cent. is a testimony to the wisdom
and guarantee OF the success Of the
measure.
Philadelphia North American Rep Feb. 81
Notwithstanding the surprising msg
ni,ude OF the offer reported to have
been made by British bankers to advance
huge sums OF capital at twentv.four
hours notice to carry Un certain great
railway enterprises In the United States.
there does not appear to be any room
for doubt IS to the solid reality OF the
offers, or that they fairly represent the
amazing overflow Of European capital
now seeking investment In all proba.
bility portion OF this vast surplus NAV
be attributed to the remarkable extent
to which American capital has been sue
cessful OF late years in ob,aining CON-
mand OF the home markets for invest
men,s, and furnishing there almost oil
the money required for internsl enter
prises II is also partly due to the
financial revolution created. by the fund.
ing of our war debt at low rates OF In
terest, which has had the effect OF trans
ferring to American holders the national
loans previously held abroad.
Cincinaati Marine Journal Ind. Feb. IL.
Almost the entire trade Of this coun.
try with the South American people
ought to pass through the jetiies st the
mouth o: the mississippi. and wou'd
soon do 80 il those who are interested
in cultivating 1t would make their IN.
huence felt at Washington in behalf o
the improvement Of the great river and
its tributaries.
+ Charleston News Dem Feb. 10.
| The official report Of Mr.. Henry Booth
who was sent by the Post -Uftice Depart.
ment to investigate the charge that Fred
Nix, the colored postmaster at Black
vile, s. z. had defrauded the public by
selling stamped envelopes and posta
cards at more than established rates, Il
curious document and we'll worthy oi
peiusal Booths investis alton develop.
ed two facts. First, that Nix's assist.
ant had repeatedly sold envelopes and
postal cards at more than the legal rate
refusing to make correction when noti
fied of his error. Second. that he pre-.
sisted in lying about these sales Nc
Recommendation Is msde tliat this clert
be removed, but it is carefully explained
that the community which has been swim
died and imposed upon is composed o
Democrats.
Nashville American Dem. Feb. 10
The most important evidence OF th,
development OF this country is the move
ment of capital into Mexico. The form
ling OF companies and the procurement
Of concessions and locations indicate,
not alone the building OF railways into
I Mexico, but the pushing Of our people
down into that country to carry witt
them Yankee push and enterprise, Yam
kee thrift and an Anglo Saxon popula
tion. 1t means the linking OF Mexico
TO this country by ties slowly formed
!! but tires of iron never to be broken ant
to make the two countries one in inter
est no matter how they may remain tw,
in the matter ofgcvernment.