The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-08-23

ces, but they must oil depend upon the
wag sobtained In the most productive indus-
try III the country. and here this industry
Is agriculture. Wages are higher In new
countries because the soil has not passed 80
largely into private hands, and wages will
tnot sink on an average below what men
can get by applying labor 10 the soil. There
IL no such thing AS general over. production,
although there may be o special over-pro-
duction. The secret is, production
! III something else, and the laborer cannot
obtaln work and thus get the means Of
paying for the articles he needs.
This state OF things arises from the diff |
Guilty OF obtaining access to the natural re-
sources OF the land which, as the country |
becomes IT ore thickly settled. becomes the |
subject OF land monopoly. Vast tracts of
land in the west are becoming
owned by a few private individuals aud
who obtain it at small cost aud hold it.
The homestead laws, which aim at giving
every man home, ave in many
The telegraph business should
be under the controlled of the government.
1t could be manag much more cHeaply,
and would to great exten. supersede the
postal service. All improvements made in
the telegraph world directly benefit the
public. The Associated Press in connection
with the Western Union company has been {
|
influencing the public press to take stand
adverse to the telegraphers. Neither capi-
tai nor labor gets It's fair compensation of
their joint product, great portion going to n
the land owners.
Washington Data.
WASHINGTON, Aug. % The comptroller
of the currency authorizes the Corn Ek. l
change National bank, of Chicago, to begin ,
business. Capital, $10O0,0OO.
Early in August there was q shower of
of fishes in Monte Morels, and ;
an earthquake at Pa,cleka, causing twenty :
deaths and the destruction OF thirty houses. =
OF the 3 l-2 per cent bonds embraced in a
the 12lst call, $4 9ll $50 were redeemed at :
the treasury department to-day under the =
circular of August 18th. OF this amount, n y
$467 900 have been held by the United
States treasurer in trust az security for ma h
tionai bank circulation. These bonds were y
redeemed with interest to November 1st, n
the date of the maturity of the call. The
amount of bonds embraced in the call
Rhich had previously been redeemed with
ferest 10 an.s OF .-"Sentation, is $529, 900 q
m, G.. 'Ae tuih ~ bonds redeemed ii
u -atss &C.. b. late $5 440, $50. /,
a. i la.t'f rgl'a still outstand- =,
kglr 90 al1.' 10000 1t is ex-
42' ta-ss laaa ill be redeemed
lt\ a.. ugy ' week.
TheV .-g circular AS been sent out -
~ the fe- .-Tt u.r. u
To all I .uua., liar offices of the a
Unite4s n
GENT nET IL become my painful duty II
% ammo lus se q. you tla lth of an illus r
rious izeu, who's in Ticial public SER f.
,ice wa euie-a 90 b uhtry as head of q
his de densTtneu. JsJru ah s., B ack, a Il
representatives uIa.. y. L.s country, one Dis n
inguished for faithful services in various =
public trusts, having been charged at diff
erent periods with the administration of
parted this life on the 10th instant. ~ ~
t would seem particularly fitting that this di
department should pay appropriate honor
o his memory. You will therefore cause
he flags of your respective offices to be dis
,layed at halfmast on the reception OF this n,
ircular, and will adopt the usual symbols fn
# public mourning for period Of ten days. r.
GSlgnedl "F. T. FRELrNGHUYsEN,
Secretary of State"