davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
CAN TJRGIALI PAY HER DEBTSP

CAN JJRGIAI1 PIl MEX DEBIHY
| The late lssac Sherman, Of this city. who will
be recognized by all who knew him Il COM
petent authority, estimated that n civilized
| people could not subsst in a country where
the real and personal PROPERTY was worth less
than $500 for each inhabtant. SO soon as
the total valuation of all property fell below
that pruportioDate sum the exodus point was
reached. Applying these figures to the prob
lem presented by Virginia, some curious re-
suits are reached. The Funding bill of 1870.
according to the recent statement of Cen
eral Malone, placed the total valua
ton of the State at S713.0 100000,
! which was little more than 5000
for each of the 1,22J, 1853 inhabitants in
cludcd in the CENSUS of the same year. Cen
eral Malone says this valuation WAS too large,
and that the real valuation was only
1886, 1856 433. If he is right, The property OF
Virginia was worth less than $275 per per
CON, and the whole State ought to have been
deserted ter years ago. An examination OF
the estimated wealth of other States demon
srates with sufficient ccarness that he il not
right. According to the census of 1870 the
true valuation of property in Ncw-Iork State
was at the rate of $1,25J for each in
habltant; In ONO the TalO was ISL
for each inhabitant; in Pennsylvania
$1,OS1; n Connecticut, $1,4fl in H.
inois, 1914, and in Michigan, 500. All of
these estimates are undoubtedly too small. In
every State IN the Union the valuation Of
property Is put far below what every person
capable of Judging knows to be its real worth.
The population of Virginia as given by the
new census is 1,5l2,203. Reckoning the
valuation OF the State at the lowest figure
$500 per person. the total would be
$3.50, 1O1, 500. The tax on this amount, at
the present rate Of so cents Oh every 500,
would amount to So, 7S0.507. According to
General Malone, the expenses of the State
Government are 100000 and of the schoola
$780, 900. total of $1,400,0O0. This
leaves So, $50, 507 surplus. What better use
can the State make Of this than to pay her
dcbts7 The annual interest the debt at
present, as shown by the interesting statement
of ex-Secretary Hugh McCuOch, published
in Saturdays TRIBUNE, is $1,610794 only
One-h half of the surplus General Malone and
his Read justers say 1t is mOnstrouS to ask the
State to pay this ; yet they admit the State is
prosperous, and foretell q future of increasing
prosperity. 1t is clear enough that the State
Can pay if she wishes to.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07

At last the slow going Long Islanders have been
reused to the importance OF removing tho nuisance
of Barren Island from the'neghborhOod of their most
expensive and luxurious summer watering places
il is amazing that Now-lork has not before insisted
on changing tho character of the place. Here
toiorc, however it had been seemingly content TO
bathe III the Same surf III which it deposited its
street refuse. aud shi the breeze tainted with the
odois arising from the rendering the carcasses of
its dead animals Last summer there was sO,no re-
lief from tho tiist-named nuisance. This summer it
is u be hoped that Concy Island and Rockaway will
be freed from the sttnc.es of Barren Island
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
NEwy YORK DAILY TRIBUNE MONDAY FEBRUARY Z 1881

Treasury in single day for the surrender
of circulation, even before the bill hau
been passed or signed. No concert OF action
would be possible or needed. Perhaps some
banks would find it profitable to retain circu-
lation based on three per cents; Others woulu
hesitate while very many, perhaps half OIL
the whole number, would resolve at once 10
reduce circulation to the minimum or to get
out of the national system entirely. thou-
sa banks, scramblng over each other IN
til II haste to get money into the Treasury
and bonds out of it, in order TO escape threat
ened loss, might have caused disasters In a
single week which the wseSt legislation could
not have remcdicd in ten years. The fifth sec
ton was a financial can Of nitrO-gycerine.
Democratic Senator'S of great influence con-
Cured in the action of the Committee. r.
publicans will naturally rely largely upon
Secretary Sherman'S advice. Hence, there Is
reason to hope that the excellent measure re-
ported may pass the Senate. The principal func-
ton of the malignants and lunatlcs III the
House seems to be to threaten in,0lcrable holly
or wickelneSS, ana afterwards 10 back down.
1t may be hoped that they will not get out OF
the rut they have formed for themselves, but
will back down once more, and permit the
country to have safe and practicable fund
ing bill at last.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
1n6ex to Aouertise ments.

AMusEMENTs-3rd Pdge-6ih column.
ANSoUNCEMENTs-SM Paoe-5tb column
BALLs-:ird PdOe-6tn column 49, - .., column
BANKING HOUSES AND BANKERS I'm fogc-4H'' coiuuiN'
BAkKKUFT NoTICEs-GM PdGf-3iu colulhL
BOARD AND RoOMs-6M Pdge-2 coluah.
BUSINESS CHANCES TN PAGE A column
BUSINESS NOTICEs-4H Pdgs-lsl column.
DANCING ACADEMIEs-6H Pdgf-2l colunn'
DIVIDEND NOTICEs-7H PdW-4th Column
FINANcIAI-7M P00e-3d and Attn cOiuilhs'
HOTsis-6h Paee-2d column.
INsrRUCrION-6M Pdge-1-t and q columns.
LECTURES AND MRETISGs-3rd Pdge-Oh coiumh'
LEGAL NuTIcEs-8m P0Qe-2 column. -
MARBLE AND SLATE MANTLEs-Gh Pdge-o'n counn'
MARRIAGES AND DEATHs-5M Pdge-G' hcOiumn.
MINING-GM Pdge-4th and oth co uinns
MISCELLANEOUS 3rd PoQe-5th column
MUSICAL iSsIRUMtNi>-1F PdoF- u column.
NEW PUBLiCArIoSs--6M Tdge-1st column
OCEAN SrEAMERs-7M Pdge-5i n column.
Political NOTICEs-5M Iuge-0th cOlumn'
PROPosALS-7M P0ge-5th column
REAL EsTATE-3d PnGe-4th aud 5th Columns
SALES ny AUCTiO, - Sd RAGE I'D column
SAVINGS BANKs-7M PdQe-4t Quinn. -
SITUATIONS WANTED-MALES-3d I0qc-ou Colu'hn
FEMALEs-6 en- Pdge-5lb column.
SPECIAL NOTICES -5M Pdge-6,h column. -,
STEAMBOATS, AND KAILKoADs.7h Fo9e-oth ana Ot
columns.
rYACHRRs-6h PdGe--2d column.
WINTER RFsORTs6h ragged column
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
4 REcJ UEEE

The important events of the past week in
the business world have been the consolidn-
tion of the telegraph companies the recon-
structon of the Refunding hill by the Senate
Committee, and Il considerable decline IN
prices of cotton, provisions and brcadstufls
Large receipts and better weather at the
South caused Il decline OF Il cent in cotton
for actual consumption or export, while con-
tracts for February delivery dropped from
La to lib per pound. This decline Oc-
cured notwithstanding an increase in the de-
mand for export, aud str enlightened that de-
mand so that the exports Tor the week were
12S,2G3 bales, against 63,G45 for the
corresponding week last year. Wheat dropped
from 81 10 to 81 15I3 per bushcl for
No. red wntcr, and corn and oats ii cllncd
slightly. In provisions II reaction has occurred
from the previous speculative advance, but
the high price of petroleum il sustained, in
spite of decreased exports, by the statement
that the number of new wells opened i'm jan
uary was POI, yielding 1897 barrels per day,
against go In DrcCmber yielding G,795 bar
rcls per day. There is sharp demand for
coal, and the interruption of transportation
causes something very like famine. The
;T22 30 for No. = foundry, and the demand
for rails continues 50 large that none ol
American make can be purchased for
early delivery. English steel rails range about
S1 per ton above the American. business
generally has been impcdcd by the weather.
but, considering that obstruction, - been
remarkably active and large. Exchanges at
NcwYork were $1,Oi2,395, 913 last week, so
that III four weeks out oil five this year they
have exceeded one thousand millions, IL I;ure
never reached until the close of LAST Noyrm-
her. Deductlng twice the value of stocks
sold, the remaining exchanges were about
590,0OO,000 last week, against about
$520,00O,00O the previous week.
The large volume of business is due to
domestic rather than to foreign trade. The
imports last week were comparatively small.
and for the five weeks of 1851 have
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
GENER1L NOTES.

Three islands in the Hudson, near Albany
known "a Hllhouse Island. Draker Island and Island
Plrk and containing an aggregate OF 260 acres. hsNe
recently purchased by Mr.. Erasus COralng. for the
purpose, said OF dumping ground FOR the immense
quantities of cinders scale. saG ana ashes coming IsO
the Albany ami Reussrla Steel aud IrOu Work.
A reporter of The Hastings (AIich.) Democrat
has been " interviewing " the ghost of Zaen Cuaudrr'
and extracted from the sprt-mind the astounding IN
formation that political sentiment, Ike tidal wiVe'
moves either IN ono direction the other. Thr pnr
found proposition is designed TO prepare the redderiF
the equally unbeatable statement that "demagoS"'
working alone for self-intcrest unscrupulOusy sacrnS
the good Of the tn the emonnen Of tide fewWG ~
l. wrOnS.' EyLieuty the atmosphere Oi tue sii'''"
Is not favorable Tor the development ~ orgnal iuv
There appears to DO something III Iahio
down N Lane Penn. That town boasts Of '"o
newspapers. The Inquirer sud Nep Era edited respeV
lively b. EliWood Griest ana j. VI. w. GelsL No"' af
though these not unusually complicated ihe|
are the source OF amending annoyance to their o"nf''
Gciss letters sent GrIesl, aud Griesrs to 0''
and EwOOd GeIsI. and j. NJ ". Grie>t-names uterV
repudiated b. their alleged become ia
miiar Ia p0stmasers aud lettercarrers, and the WV
papers and their editors have become fearfuiv "u
wonderfully mixed In the minds Of Correspondents
mi subscribers More Than that, oil the unlortupse
principals In the imbrOglio tine seo. was uo''
nated tor Congress- but overwhelmed py All 'eSo
majority because OF the uncertainty OF os dnny,
Other stu more distressing Outrages us'e ~
been perperated, until now both Grest anu Hois. az
seriously contemplating the advantage: o. sS n -
paIritiOn and appeal " the Lesisi4tuo !" ~
grcvous wrongs indicted BY their unhappy noi1eneS
ture.
A few days ago richly dressed lady IN
quired, at the Chicago Home for the frenuiess' Nv
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07

reformers to walk into the very best parlor OF the
Tammany wigwam call our doors swing in, '"
is the characteristic invitation, followed By the
bold attack on the credulity OF the pub
lie that "with no cast-irOn rules, WIN
"nO despOtic One-man power to dictate Or
"ders, its committees welcome suggestions,
"and invite all true Democrats TO make them"
ut combines stability with elasticity, indi-
"vidual freedom with efficient discipline, the
"rghts of each with the interests OF the
"whole" This is picture of Tammany when
everybody will recognize, aud the invitation
is one which the reformers will probably rush
to accept, forgetful of the vigorous KICK WHICH
Is embodied in the preamble.
Seriously, the division or union OF the iocai
Democracy is a matter of much less moment
to the Republican party than the Democrats
suppose. DIVIDED they can be beaten by
united Republican organization. and united
they defeat themselves by their own treason
and stratagcms. There cannot be any sincere
union in such q party until they create
spoils and Offices enough to go round
Year before last one faction sacrl-
feed The State to secure its local patron
ages. and last year the other showed It's WILL
mgncss 70 defeat its Presidential ticket Ill
order to secure oral power and crafty a
weak old mans revenge. Dtfcat teaches
them neither humility nor common sense ana
wear after year both factions are disgusting
the public with their quarrels, their mconsis-
tel.cy and their lack OF principle.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
UEHOCR47IC HdRMONF.

1t is neither polite nor polite. but Tam
many's reply to Mr.. Hcwitts invitation to
confer with his One Hundred Reformers is
full of fun and backbone What care they
for dignity in replyingto the swallowtails of the
new Committee if they can only be forcbe
And certainly they are all that in their init
nation that Tammany wants nothing to do
with Reform outside its own tents or In
alliance with any other tribes. The oldest
political organization" cOeval with the
CONSTITUTIONS" the controlling power in mu-
"nicpa affairs and an important factor in State
"and National politics." feels itself insultcd
by being invited to confer with "a sclf-ap-
pointed body which has been aristOcratic
enough to "bold meetings i'll hotels" Ii
must be ga hollow jest "-such an invitation
the work of some journalistic humorst." 1t
is ian invitation to Tammany Hall to commit
suicide'-advce which appears, by the way,
to have been already adopted unanimously by
that body on three several successive annual
occasions and twice the last year. The
RetOrmers are further compared to Sitting
Bull, while Tammany likens itself to these
United States and ore OF the Tammany
Oracles further cast oil upon the waters
by ntinating that the "honest Masses
meaning the Tammany Hall COmmittee-welc
tired of the trading, trckery and manGu-
wiring of a small body of political hacks"
meaning tho peace bearing reformers before
indicated. But the most cOmical feature of this
courteous reply is the loving invitation to the
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
will not be in accordance with patriotism and ann
mon sense, but it will be sound Democratic usaSs


mon sense, but it will be sound Democratic usaee. "
If the projectors of the new Geological Garden AZ.
enterprising enough they may be able to corral
Barnum's seven mules.
For man who is running for Senator of e,a..
State like Pennsylvania. Mr.. Oliver seems to exc.
very little enthusiasm among the Journalism his ON,
party. The only thing that his most devoted adhe,
ent has said in his favor Is that he Is the caucns
nominee That is slender commentator to .
seat in the Senate of the United States.
The Democratic ORGANS at last out of patiene.
with tho shameless incompetency of the majority n
Congress, and speaking their minds pretty
frankly. This ia all very we'll, but rather late IN
tho day. The country discovered the fact nearie
two years ago, and concluded to make change.
The Southern journals, having no longer any mn.
tive to conceal their wishes, poll parrotinop
And it is instructive to notice how accurately tho
demands the South would have made upon thu
Treasury, in case Hancock had been elected. vera
predicted by the Republicans. Here is The Richmond
Dispatch. Of the farest journals in the South
saying without any circumlocutiOn: The soldiers
of the Mexican war ought to have large pensions
granted to them. Then all the rivers and harbonn
the South ought to have liberal appropriations maAs
gress. we would any day vote for an ap.
preparation of fifty millions OF dollars to
the Improvement OF the MISSISSIPPI Rlvef by
Captain Eais. If the Northern Congressman of thu
two parties disposed to be just. they will and in
lifting un ust burden from the shoulders of tina
South by giving to her large of money for such
improvements as she needs. Thus may the sectional
operation of the pensions act be in some measnra
c0uni eracted" That will DO TO file away for refer
ence in the Solid South ever attempts again TO
elect Northern doughface to the Presidency.
As the Cabnet-mekers will soon be out of employ
ment the people should be prepared for an increase
IN the number of tramps.
Temperance legislation is being discussed by an
unusual number of Legislatures this winter. Moth.
ing shows more plainly tho dearth of excitingpo-
lincal topics.
The theory that one Southern vote should have
as much influence two Northern votes il likely to
come out of the apportionment debate pretty well
damaged.
The Democrats have controlled the House Of Rep
rcsentatlves for three successive CONGRESSES, and
after the previous to the present the Presi
dent has been compelled to call extra sessions
From present appearances the same of events
is likely to be repeated with this Congress. The
Democracy seems to glory in exhibiting Its inca
puclty to the country.
Corporal Finnegan Springer has consented to DO
present. Let the electoral count begin.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
Nelu'Tork Dailu Gribuaae.
FOUNDED BY HORACE GREELEY.
.,tONDAy FERRrAEY 2 1891
MONDAY, FEBRUARY z. 1881.
THE NEVIS THIS BOOMING.

FoRIIGN.-The Greek Premier say that Greece
must act prudenty, bearing in mind the best IN
terests of the country. - General Skobeeff sent
two columns in pursuit of the TeppeS. - En-
President Diaz recently about to leave the
Mexican capital for two months to attend to private
affairs.
DOMgsTIC.-Large fires reported from st.
Louis and Baltimore. - Cleveland 10 llol iron
manufacturers have signed memorial TO General
Garfield denOuncng certain treasury rulings. -
1t is proposed to organ wheat growers assOcla-
ton in California. - Nj. Holland, of Cincinnati.
has discovered process by which iridium can be
fused. Il Charges of cruelty have been made
against two Of the keepers of the State Insane Asy
lum at Buffalo. - Four persons were drowned
at Fall River yesterday by breaking through the
ice
CITY AN j SUBUEBAN.--The Rev. DR.. Stephen II.
Tying IT.. preached on the dangers OF Immigration
last evening - Mr.. Bcrcher spoke about the
divinity of Christ. - Animated meetings IF the
Irish Land League held in this city and Brook
lyp. - Amusements that should he avoided
were pointed ont by Mr.. Talmage in his sermon
- Nathaniel Miles has a scheme to make New
JERSEY school teachers happy.
THE Manufacturers local observations in
dictate clear and partly cloudy weather with higher
Temperatures. Thermometer Yesterday: Highest.
31o; lowest 200; average, 253so.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
IL would be n great relief TO the Democracy if il
could have itself yaccInaed against plumbers

Secretary Sherman keeps right on reducing the
public debt. just as II he were running for Office
Political prOphesying very Jften comes TO grief as
many Democratic organs have learned 10 their sor-
row. Four years ago The IIbany 4rgus was par
tcularly free with its predictions The outlook for
the Remlolican party. it thought was gloomy
indeed, as Ncw-York State was forever lost To- il.
AS the Republicans have carried this State three ont
Ol Tour years SINCE tins prediction was made the
reputation ol me iFgus as prophet isn't booming
much. But that doesn't discourage il any in making
fresh prophecies. Perhaps It will learn discretion
by tho time The Democrats elect u President
WHAT has become of all that zeal for Civil Service
Reform that was agiaing the Democracy a brief
TIM slnccf Ii must have boon showed un Ter.
The country will have chance to learn whether
the Democratic House is in favor Of refunding or
not. The senate amendments make refunding not
only possible but Under the provisions IF tue
bill ash left tho House relundng was not at all sue
and at best was barely possible. III the Democratic
majority decides not to accept the Senate amend
mens II Will simply declare that its object il 10 de-
Leaf roiuhdihg and impair the public credit. This
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07
Amusements ano 1fleetiuss 0o-nisht.

e1Jor OPERA HOUSE," Our Boarding House"
BOOTH's THEATRE" D neliO
DALY's THEATRE" Ztniua." o,...,
HAvrRLY's FIFTH AVENUE THEArRE-mOnnveT1tu save
HAvrpIy's 1ATu STREET lIILAJLt- me Giue! oIa'e'
~ ayppiy,s Ia ~. t,ARDRS-" Back V"nus"
MAoISoy SQUARE THEATRE =" Hazel krke.'
PARK THEATRE" FRESH the Amerlcdu.
BAN FRANCIsCO MIEsIRELS
sTANDAED THEATRE" Drink"
IJSIoS SQUARE THEATRE" The Creo
VIIIaCK's THEATRE" Where's the Ca.
CurcKERISG HAIL-11-Lecture. ,-,r,,uon
NATIONAL ACADEMY or DESIGN-Water CoOr EA''pi'Io
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07


known to produce instant death.
IF it were not that the cooperation OF the
Board of Aldermen is necessary to the per-
Torrance of certain duties OF the munlclpal
Government. the people of New-10rk would
probably he willing TO see that body remain
unorganized for an indefinite period. Certainly
the Board performs none OF the functions
which make legislative body indispensable
in all other governments. No one ever heard
IF the Adermen's enforcing retIenchment or
reforms of any kind, and surely no one for
moment regards tie Board as a body of rep
resentatives Of the people, for the people in
reality seldom have anything to do with
selecting its members There is probably not
a taxpayer who would not feel relief on
being told that hereafter officials would he
appointed and appropriations made without
any consultation of the sO-called local leglS-
lat,lrc, and franchises would he disposed of
by some other department. This is no anon-
aly, but the conditions of our politics and the
character of the Board explain it. Now, how
ever, Commissioner Thompson reminds the
public that il the Board do not organize this
month there will be delay and serious diff
Guilty in the matter of repavlng streets. 1hiS
is not matter to be neglected. and the
Aldermen are respectfully requested to organ
ize at once.
We venture to say that there never was
College of HtTaldry. or any other college, so
peculiarly constituted as the institution d.
scrbed in our local columns, and known
as the American College of Heraldry. Dothe-
boys Hall had a larger faculty. and tie Shcp-
herds Fold furnished more for the money.
Mr. Albert Wces, the so-calltd president
of this mythical institution, plainly
founded it for his own benefit, and not with
view to the resuScitatiOn of the ancestors OF
his fcllow-nembers, or for the good of any
body's posterity but his own. His plan l. III
two parts First to charge 500 for the prvi-
lege of life-membeIship in an association
which is simply Mr.. Weles under corporate
Nance second, to get a large number OF llfe-
members. His success las been admirable.
Mayor This has been induced to join by the
statement that Governor That was ycarning
to have him do so, and Governor That was
assured that Mayor This was a pillar and
light and a strong tower iii the instltu-
ton. Many men of prominence, who
are accustomed to being elected to mem
bershp to at least one association on an
average every month, accepted their elections
and parted with their money without looking
twice into the matter. The methods Of bag
ging life members were various and amusing.
But Isn't it about time for so stad and re-
spectacle an institution az the Society Library
to consider the advisahility of tuning Mr..
Wclles and his sham corporation out OF doors
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-02-07

To-day the House of Representatives is ex-
pected to shut its eyes and its mouth, and
rush through an appropriation of $1O,OO0,OOO.
A political fortune waits for the nan who
will stand up against this annual River and
HarbOr robbery,