The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-03-03
AND C0TTV
FINANCIAL

-. The greatly increased nun,
CaicAgl Nt,,rinr the tasi quarter OF IN 49,
be- o. l~.,,,.a The op~nlns OF ~ - -, isrSesl
an' M. he suspension q sole ~ IHs-Sis ~
kslx.'.S .tt,l concerns ms . SN,,r,fO,l bas,-
10 ans 80 he atienicn OF uleusu $50
ssd, Slrsc.e a., ,., y, ies throughout the eoea-
IS men ~. SIZING opinion smopg seen men
IL Tie ~ rss been asccrtalneo, = that tl-
. - IA aot On t1e NeISv - ,,,,,, a narioi III
ID has already eh'etSH .rilas fNr some of
trsnsid "a " In, manufactures, andsn eN'en-
ihs mol 'h. ,,,t of business Win reference ~
sige fea 49, This prucess Is hksly 10 ~ OF
NJ ~" ~ of the weaker eohs,tns ~ ~ esss 81
nh g,cialy is this iooAeI ao' t ,u , v
pr, M Steel manufacturing tuuSsul Az,
|the no Nup sris uuer, which processes the
A n slti. tilh ia the benehteoce OF
pos1 y '1isriT has this % say laFse ! uui'
pony ,hli>bments when were stbsu w
petw MN recognized iron eeh'eis ,o soste
,%pSrns OF high prices any u ihoae6t will tie
money ". ~ y, s' snscumb under the new oIdet OF
con "a only those survive when ste eNVep
ihlhsI, favor, IN the matter Oh ieVaton' aS ny
noasnf tsburg, This was Al NJ Ne
those OF ~ Inc hard times following lhe
earlier yeas v. t,s portents now ali seen 10
panic OF 20 ,iIaT coui.e of events IN tne near
point To s'u'i'"'
future ,,,,s,meut must necessarily involve no
~, s..,rJtnips not ouly 10 great uuYlosls VI
.",siivps thrown sudueuAS W. Wv. ~ - - 1oth.rs
opei.n,,env small groceIs, butchers, anu o1nets
Xbni 70 man! 80, ana who will lose large snare
Nh9lu I'm o,;Sstnr' The country may esteem l.Sed
OF iltl w ~ q, yris thr, ugh with the hardShlGs
o,,las',, me closing OF many non N.Y. s've,,
and other manufacturing e,,,
EOIhs au, bren upwisely located without expe-
ihal nav sr',eIhinr ut least as bad as panic IA
llehslue M hard times. Capital Is Always ulhid
INC wa! "a "i'c,,nstances aud hesitate 10 can,
nnG .t in S"V new enterprises where the hperaled
.hab1r can be employed. ,.., No, or ,,,rufao-
~ u ,h","srlyes should uphold m artificial
tuIefs Tt' system which directly tends
eeon t t"' about these painful reaoJust-
with all thc attendant sur
nun sarr, among working people every lew years
The excessively hi6h duties Oh nou NM S stGI
laaS. Tho excessive phi 'S possible, Inc hlgh
uaue Ijn3ured uuyise Investments at pOlhts
ph,s, H. manufacture had TO be carried on al
| S;SadyautaCe Over-proOuclloh necessarily
s,I,nrpd prces had TO fall, ana the mushroom,
%,coI. growth establishments nave 10 iall VITA
iIo nTiess throwing thousands out OF employ
Wy who have nothing laid by for such an
nvent nnd we have hard times aud general dis-
onn,Nnt There would be very much less OF thls
| n manufacturers had less tarll 10 depend upon,
| and were opliged to rely upon their own WIS,
dom. SKIN and economy, and the advantages OF
locality.
p,oet, TRANSCRIPT: While Collector Knowles
4 was in chicago recently question arose as TO
| he amount OF revenue paid by individuai dis
| ,iery firms during the year 1882, and The asser-
H hon was made by some Chicago whisky man
Athat his firm paid more tax IN that year than
CSny other one iiTm Ia the United States, aggre'
Mating somewhsN over s2OOOOC0. Yesterday
FIllector Knowles. In order to satisfy himself,
|pHured up The amounts paid by the Monarch
Wi Great Western distilling companies of this
khF which proves that the Chicagoan's claim
lel a fallaCi0us one, the.Monatch having paid in
,htltaxes to the amount of t3S.S OOS.lO, and the
/ rsnt Western, e3,9iS,5l2 50. Peoria not only
Min the aggregate amounts paid by districts,
II i.t.Ao by Individual firms
Utkebruary II the charters of more than
20 thav onal banks In various parts of the coun.
IT, thai red Nearly all the banks first estab-
liIS ASnt into operation on February q, 1868
leh charter period of twenty years has
Mated All but five banks have been ex-
Ia by special agents. and will go on with
.ued Llay, under new charters, but with the
ourJ organization The others will do the
N@f as soon us the examiners report upon
upb Not one has given notice that 1t pre-
| el Itd to close up business. From this time
y TX charters wall he constantly expiring.
" he Bank of Eugland's weekly statement on
Thursday showed a gain Ct $4,000 in specie
s\he week. and the percentage of reserve to
1T jti.s was A Lie against A l5-lG last week;
t,teAscount late remains at so per cent The
R,Y of France gained 1850 700 francs gold aud
-, }Q0 francs silver The rate of discount has
e,,,hsduced 10 from So per cent