Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1883-07-08
LEIGH.
A SUNDAY BUDGET OF CHICAGO
NEWS AND VIEWS.
Independence Day-0ld but Ever New
Trade noiiars--Cheek and Bust
ness--O oddities aud
Breyities.

.
conntsy's independence signed th,
declaration which apparently Is Away
fresh and interesting, particularly
when read annually Us hundreds o.
orators to thousands OF enthusiastic
Z ally pattiotie listeners, amid the suap-
uing Of fire crackers and booming OF
/ cannon. Itisa grand old document
aud loses nothing Of it's great signiii-
( canoe with old aye. There is IA wide
spread tendency these days 10
/ regard enthusiasm as undignilied and
/ as a symbol OF weakness. God save
/ the mark. We are not lacking IN true
patriotism, perhaps, but we are be-
! coming less demonstratiye and seem
anxious To check any uprising bursts
of enthusiastic patriotism. We too
f. soon forget our great men who have
passed away. think we should have
general legal holiday on Washing
ton's birthday. and should celebrate II.
We need II in more ways than
one. We need it to have a
breathing spell from hurry and hustle
OF business, and we need TO publicly
keep green the memory of the inlmor-
tai iather Of his country. He does not
need ii, but we do we owe il to our
selves. Let everybody celebrate each
succeeding "Gloricus Fourth in
more glorious aud enthusia site man
ner. ii pussible.
TRADE DOLLARS.
Though the trade dollar contains
- } gfus1s, or seven and one half more
than the standard, il is general nui-
sance in nearly all parts of the coun-
try, and Is us carefully stunned rs
Canadian coin. Subtre.ssuries cannot
receive them, and in Chicago the
banks and street car companies soon
refused to accept them. BY actual
value they are worth more than the
regular coin, but can only be passed
regularly ut n shave of fourteen cents,
making their monetary value eighty
six. They were authorized about ten
years ago, and AZ most every body
knows were issued for the Chinese and
japan trade. About $50 900, 900 thirty
million) have been coined, the inten.
ton was 10 keep them In the Oriental
trade, but they came into general use
throughout the country. Employers
have stolen heavily from employees by
buying trade dollars In large quanti-
ties at heavy discount and paying them
out at par. II is said this wa, prdcticed
most extensively in New York, and
even the city government stopped 10
that bit OF inetiable smalness Bro
kers 10 d large quantities OF these dol
lars, but rs the treasury department.
does nothing TO redeem them aud can
do nothing until congress authorizes,
they are inclined To part with them as
rapidly a possible 1t is said negroes
take silver dollars in large
quantities, and seldom discriminate
against trades. Trade dollars have to
60 "a begging now, but in ull proba-
biIlty the time will come when hold
ers OF trade dollars which they have
secured al the current discount. will
receive n premium, because it is more
than likely that the government will
eventually rid the country Of the nu.
isance by calling them in ut par and
re'coining. If the relative silver value
OF the trade and standard dollar were
reversed, lie. the trade containing the
lewest grains. of course there could be
no nope of redemption at par, but as ii
STANDS, the government can
call them In at one hundred cents on
the dollar, lecoin into dimes, quarter,
and halves and receive handsome
profit above cost of coinage, on the diff
ference in weight OF silver. This, un-
doubleday wouu he the most eXpedi-
ent course 10 pursue. There would bc
n profit OF eight per cent. Taking
for granted that S2Jts),0J0 would be
presented for reduction, there would he
u net pretit 10 the government OF ST.
10000. The trade dollar should,
most alphabetically, be recoined
BUSINESS FAILURES
are rather on the increase, taking the
country over, aud some feeling OF I'M
easlness - manifested in various QUAR-
lers. Not few OF the commercial dis
asters are attributable TO shrinkage in
values aud curtainent OF demand.
nut Their IL Il vast deal of IL to be
charged To the account of wild and
rampant speculation If there was
ever an age when people wanted To
make their living with their coats
on that age is now. The vast majority
OF youns men of the times deem any
means of livelihood that depends upon
TIE ''swent OF the brow rs unye,ltle.
manly. They want to strike rimht out
and be Jay Goulds and Vanderbilts
from tue very start. Such ding as
starring ut the bottom of the ladder
ana working up in Il mauiul, noble
manner, Is something however of
Wiiieh they seldom If ever think. 1t
Is not the plan OF The Young America
ol to-day 10 see how the foundations
sor great wealth and position were
laid, and 10 make an honest and earn-
est endeavor to achieve the thing
voSVteu' me young man of the period
heholds his ideal in some VASTLY now.
efltli capitalist and instead of startinp
as thai man did, he immediately
wants TO do as that man does; he de-
slres to jump at first to the summit of
sie eminence. The Observation-Disclosures
tsnl-aild-work-np kind OF boys are too
scarce,
The pressure of competitor Is very
sseat IN all lines CT trade and To mee, |
u ihefe Is too much disposition Ia /
ilt%Se great display and Keen nm a I
ScoSdinual hulrah, where there is moth |
ing out check, pare and simnle IN /
oacS ~. Margins are too narrow and |
more IS undertaken than can be CARRIED |
out. 'V'
FREDDY GEBHARnlsM.
Them seems to be change working
~ ,'' ''i. @A'es o' tne RISING generations
the ideal hero. The time
sons aud even the James bows were no.
'ar1eu ~ she light OF heroes whose
'Splolls hGa in them tase highest
'harm Cor reckless, ambitions
'oys' n9ma however. there
IRE not niany who have taste for
nat KIND Of life II is too hard and
l = The dime novel hero Of
'la Is not regarded with rs much favor
: formerly. PeIiaps the yopfhs of
ne country are becoming more
fastheiiic IN their tastes. The hnka.
slssleal dies, heeaG ,eSt Is too consalnn.
uSlN idlosie, but there Ia nsn.tal