davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02

| The specie in the New-Iork banks has risen
to SOL, 49,, 900, and the surplus reserve to
| 500, S70,97j. Last year about this time the
| surplus reached 81 900, 900 prior to that it
| had once in the history of the banks mounted
| to $21, OOO, 900. WHAT the banks have gained
the Treasury has lost. On January 3, the two
| owned $229, 800, 232 gold, aud on january 3 q,
| $3.50, 4l5,029; but the Treasury has in the
meantime lost $13,OOO,0OO, and the banks
have gained about $l4,000,O0O. These facts
give a peculiar interest to the conference held
last week. at which some Treasury officials, it
was said, urged that the payment of silver GER
tifcatcs at NcwYork could not be long de-
ferrcI. But Secretary McCullochis said to have
taken an encouraging view of the Immediate
situation, in which he was justified by the fact
that the proportion Of customs paid at New
York in gold or gold certificates, which had
dropped to 1876 per cent, rose in January to
| nearly 1922 per cent. This was in part because
of the large disbursements for January interest,
and in part because a smaller PROMOTION of
legal tenders WAS taken i'll, the proportion of
silver certificates in January being 1872 per
cent, against 40 per cent in December But
the temporary improvement in Treasury re-
ceipts, and the hope that Congress might yet
take some sensible action, warranted the con-
cusion that no change in the relations of the
Government and the banks should be made at
present.
Another encouraging feature, or rather,
cause of the postponement Of evil consequences,
was the enormous trade balance in favor of
this country. In December the excess of ex-
ports over imports was i9,155, 500, and the
excess in January must also be large. This
not only prevents exports of gold the wonder
is that considerable imports have not occurred
Since October /, the excess of exports over i'm
ports has been no less than $1O2, III 800, and
meanwhile the net imports of gold have been
only 1882, l01. The only explanation
given of this phenomenon is that, through the
medium of exchange bills, large amount of
capital has been transferred to London, primari-
ly because che rate of interest Obtainable in the
joint stock banks there is inviting, but also be-
cause, in event of any mischief from the silver
business here, the money would then be safely
held in the form of gold. This would cause
exports of gold. were not products sufficiently
cheap to be sent instead. A.. conclusion from
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02
FERMENT IN The EPISCOPAL CHURCH


Assistan t. Bishop Henry C. Potter is just now
finding out by experience that the path OF
bishop is not always hedged with flowers. The
controversy over his recent action In imposing
q three-fold vow on the Rev. j. .. ;. Hunting
ton, young Episcopal clergyman. still goes on
with undininished vigor. Bishop Potter
sought to show, in his reply to Bishop Lee,
that in this matter he contrayened no law oil the
Church and certainly the practical need for
young men pledged to work without reward
among the poor is great and pressing. No one
in his senses of course suspects Bishop Potter
of n desire to introduce monasticism IN the
Episcopal Church. and he is too intelligent a
man to be drawn into an act when
he did not consider necessary and proper.
Bishop Lees reply to DR.. Potter's vindlcation
of his action adds nothing new To the question.
1t simply emphasizes the general diStrust OF
monasticisu prevalent in Protestant churches
distrust fully shared by Bishop Potter HIM
self.
The case of the Rev. Il. IIeber Newton. with
which Bishop Potter may soon have to
deal is much more complicated. Last year
Mr. Newton caused such commotion in the
Church by his radical interpretation of the
him to stop. TO the great majority of Episco-
paians Mr.. Newtons utterances then seemed
10 be subyersive OF the teachings OF the
Episcopal Church, and he was urged as
an honest man TO resign his commission
in Church whose cherished doc
trines he trampled under his feet.
Mr.. Newton appeared to respect the admonition
Of his bishop for "A time but his recent course
only confirms the general opinion formed con-
corning him year ago. 1t is quite possible, IA
Mr.. Newton says, that he has been unsupported.
ard that he only intends to TIicise the current
inaccurate conceptions OF his Churchs doctrines.
Even if that be So the tone of Mr. Newtons
sermons seems to show that he Is out of sympa-
thy with the accepted doctrines OF the Church OF
which he is an ordained priest. We are well
aware that the Episcopal Church allows a wide
latitude of belief and practice but even IFS
great federation would be abused by Mr.. New
ton, if. as an Episcopal clergyman, he boldly
denies doctrines held dear in the Episcopal
Church.
To outsiders it would seem that an ecclesias
teal trial is imperatively necessary to settle
the points ut issue. On one side stands Mt
Newton almost alone on the other side stand
the great body of the clergy and lalty OF his
Church, dcnounclng his uttrranccs "a rank her
csy. Which is the teaching of the Church, the
destructive criticism of this neologian, or the
old fashioned beliefs OF the people who make
up its rank and file Ii may be that Mr. New
ton is right and the Church is all wrong. Or it
may be that the great dIvinrs of the Anglican
communion are, after all, the most competent
witnesses rs to the teachings of their Church.
However 1t may be, it seems due to the public
at large that the Episcopal Church should soon
take measures either to recognize Mr.. Newton
as its latest prophet, or to proclaim h,n its new
est hereto.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02
THE OPPORTUNITY LEFT.

| Only another month Of this Congress remains.
To an astonishing extent its time has been
wasted, and yet the mischief making tendencies
| manifested have been so strong that there Is
general rejoicing because so little legislation
has been accomplished. II is felt that II this
! Congress could do anything, it would be pretty
sure to do harm.
| With the Senate rests the duty, as to most
matters of industrial and financial importance,
of passing upon measures which the llonsc Is
! exDected to originate. Nevertheless, the Senate
has sent some useful bills to the House, which
sleep there. The Senate has now before it
other measures OF Importance, which 1t may
add to the pile already on the Speakers table.
Meanwhile, if the Senate does its duty, it will
be quite as busy as ii ought to be Tor the next
month in scrutinizing, correcting or stopping
the mischevous legislation which the House has
proposed or is likely to propose, particularly in
connection with the appropriation bills. lncap-
able of honest and deliberate action on measures
which involve great public interests, the House
under Democratic control is especially fond OF
crowding into the appropriation bills cr1de, III
considered and incomplete provisions on such
topics, and that disposition has been shown
| already more than once this year.
| If this House does not like TO be regarded as
| q public nuisance, if it is not gratlhed TO hear
practical people thank Heaven as each passing
week brings nearer its end the power OF such
q body to do HARM it still has time to
gain public approval by passing few
bills that are urgently needed. 1t can confer
upon Democratic Administration, for exam
pie. discretionary power to suspend the coinage
of silver and the issue of silver certificates
until the next meeting Of Congress, if ut any
! time. in the deliberate judgment of that Demo-
cratic Admi 1isiratiOn, such suspension isneces-
sary in order to avoid impairment OF the
public credit or disturbance Of in
| dustry. There is no danger that a
| Democratic President, surrounded by jealous
! advocates of silver coinage and OF paper
money by haters of National banks and by
men who remember that the Nations credit
caused their defeat, will be in too great haste
| to exercise such power Indeed, it seems
probable that Mr.. Cleveland and the man he
may select for Secretary of the Treasury would
refuse to exercise it at all, even IN an emer-
| gency which wOuld seem to others to require
| such action. But there would be some en-
| couragement in the knowledge that,
| if the gravest consequences should be
| close at hand, the President might have
| the wisdom to avert them. What conceivable
reason can a Democratic House give for refus-
| ing such power to a Democratic President
| If il does not want the public credit destroyed,
| if it does not want the currency debased or in
dustry Frustrated, why should it not trust a
Democratic President to decide whether tenn
porary suspension of silver coinage is needful
to avert such disasters
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02

| this theory, which many competent hnanciefs
hold is that so long as the outward movement
of capital continues, prices of products cannot
rise without causing exports OF gold, anu inc
| exports of gold would tend to check any ad-
vance in prices.
| During the past week, at all events, the
markets have acted as if governed by such a
! law. The advance in wheat, which began about
| the middle of December, was checked two
weeks ago, and large sales by holders produced
decline of 3 cents last week. In corn, the
drop was still greater on account of the artificial
| advance of the previous week; in oats there
| has been no change of consequence since early
| in January Pork and lard have been steady,
and cotton has reacted shade, exports last
week having dropped to 81 800 bales. against
164, 500 the same week last year. Oil has also
declined "a of cent; print cloths are selling
at about 310lo, against 3.S about the begin.
ming of the month, and the speculative markets
generally have been either inactive or positively
weak. In the stock market rather more than
the usual ENHANCEMENT was seen. Many stocks
advanced, but more than half of the whole
number declined, and the decline OF 77s in
Oregon Navigation counted as much rs the adj
vance of 43i in Lackawanna, 13i in Missouri
Pacific, and III in Lake Shore. Manhattan
also advanced 4l2, and New York Central and
Union Pacific ll2 each, and Pullman lis, and
Western Union 81 but on the other side were
declines of pa in San Francisco preferred. 2i4
in st. Paul preferred, 2 each in Erie preferred,
Canada Pacific and Chattanooga, 15s in North
ern Pacific, l ls in st. Paul, in Oregon Trans
continental and 81 each in Northern Pacific
~ 4 = ID,
This confusion of movement betokens shift
ing of individual interests rather than any con-
tlict between influences generally favorable or
unfavorable The selling in Oregon stocks,
said To be on account Of the snow in that
region, if so explained, would indicate re-
markabe recent increase of geographical knowl-
edge on the part OF Boston holders. The
Supremacy foolish sighting million" resOlu-
ton of the coal companies, which should have
influenced nobody, was taken pretext for
advance in coal stocks, btuminous coal being
meanwhile offered here at 81 90. The Pacific
Railroad bill offered in Congress seemed to
have rather favorable effect on the theory,
apparently, that almost any settlement OF rela
tons with the Government would be preferable
to present uncertainty No one explains why
the withdrawal of the Grand Trunk from tho
Trunk Line Pool should help the other COM
panies, though its professed agreement did
not help them. In general, the market appears
in a transition state and the average of sixty
securities. at the close Saturday, SIS n, is
only about / cents above the average at the
close of last year.
Some Improvement in the industrial situation
already seems to be produced by the removal
of uncertainties involved by the commercial
treaties. But if Congress could be brought to
do any sensible and definite thing about the
silver business the results would doubtless be
most satisfactory.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02

houses. There is point of interest here IN con-
nection with the problem of improving the
condition of the DOOR Our laws are toieraDiy
strict in requiring tenement houses 10 DC plOp-
erly built from a sanitary point OF view. ne
builders have vehemently objected that the
conditions were too strict that il they were
fulfilled the property would not pay. All the
same, they 90 ON building. That shows pretty
plainly that the buildings do pay, and that the
limit of what the law may require IN behaiI Oh
the poor has not yet been reached.
Unless it is sound public policy to drive
insurance companies out OF the State, the
Assembly will hardly pass the Hagan bill re-
Gently proposed at Albany. 1t is the Ola
"vaued policy bill with several new clauses
(all bad) added. 1t seems hardly possible that
the measure can have been drawn in good faith,
for it is based on a principle everywhere con-
demned by intelligent business men; namely,
that the face of the policy must be taken as
proof of the value of the property destroyed.
Experience shows that such a law is an incentive
to INSCRIPTIONS men to burn their own prop
erty, to the loss of their neighbOrs and to the
unjust damage of the underwriters. Only few
days ago the New-York companies decided to
issue no more policies in Texas, where the
valued policy principle has been declared to
be the law. Would any one be glad to nave
the companies Withdrawn from New York !
The explosion in Grand-st. will doubtless
provoke Englishmen to remark that Americans
may now be expected to have a keener sense OF
dynamite dangers. 1t does, indeed, look as II
New Workers must at last admit that there
are men in this city who are ready and willing
to use explosives to avepge real or tancied
wrongs This is the view of the police. who be-
lieve that the bomb which cauel so much
damage at Ridley's and at Garry's stores was
placed there by some angry member OF the
Equality Association, a tTades-union made up
of retail dry goods statesmen employed on the
east side Of the city. If this proves to be the
fact, it will be very much the worse for the as
ISOLATION. The business men of New-I0rk Will
hardly delay long to dismiss from their service
every man who belongs tOan organization even
suspected of being willing to indulge i'll dyna-
mite argum mt and our police authorities Will
doubtless give the members of such q society
more attention than they like. 1t is to be
hoped, however. that further investigation VIII
show the explosion 10 be the result merely OF
individual malice.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02
THE DEVOCR1TJC PARADE

Presidcnt-clect Cleveland is expected to
arrive in New York tomorrow. He will come
down from Albany TO see the leading Democrats
of the metropolis, and, since it is the first article
of the Democratic creed that every man is "a
good rs every other man, he will feel in duty
bound as a good party man to welcome all the
Democrats that may call to see him. And of
course they will all call. Every man of them
wants To take the President of their choice by
the hand. Most of them want an office Mr..
Cleveland has our sympathy
The Medical Ners mentions the case of n
man whose entire stomach was extirpated.n
If the Democratic stomach could be extirpated
Mr.. Clcyeland's visit would be less irksome
For stomach implies appetite and appetite
suggest, spDils- The Democratic stomach is in
"A healthy condition. There is reason to believe
it could retain food and drink although it has
not been tested to any extent since 1850.
At all events, it is anxious to make trial.
Ii is understood that the metropolitan Demo-
Gratis whose stomachs have not been extirpated
and who are looking to Mr.. Cleveland to fill
those yawniDg cavities will make an informal
parade every day while the Pre.ident-eect
remains in town. The line will form mt the
Battery with its right resting on Harlem.
Those who ought to know say that it will take
at least a week in passing given point. Up to
the hour of going tn press no stand had been
erected on Union Square 80 the rlImor that Mr..
Cleveland was To review the procession ut that
point and distribute Offices is doubtless prema-
ture
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02
Aep2lpr|s Daily Gribnore
FOUNDED BY HORACE GREELEY
NETWORK, MONDAY, FEB. 2.
The NEWS THIS MORNING.

FoRFIGN-GeneralE Earle planning to attack Brit
ON February g. - General Briere de / Isle pre-
pairing to advance on LangsOn. 60 Speech by the
Right Hon. George J. Goschen on the land ques-
ton. 60 The British bark Wellington came III
collision with pier. - Heavy sGow-stoun IN
Quebec.
CITY AND SUBUgBAN-ExplOsion of dynamite IN
Grand-st. dry-gOods store. - Almost riot
among deacons of an East New-YOrk church. -
The Rev. r. Heber Newton's sermon on The Doc
trine of Election" - DR.. Alexander f. Sterling
and r. II. Keene dead. - George f. Shauers
dwelling on Staten Island burned. - Game
laws 90 into effect. - NJ. Moodys WORK In
New brunswick, n. j., begun.
DOMESTIC The Oklahama colonists are reported
to be organizing new expeditions in Kansas. Arkan-
sas and Texas 80 man shot his daughter in
Reading Penn. because she was unwilling to give
ND her sweetheart. 80 A plan was formed 10 re-
open the Galveston Island City Savings Bank
e. rival to the Salvation Army has been or
panized il Ohio - gambling house frequent
ed by boys was broken up in COhoes. - The
statements of the loss of cattle from cold in West
ern Kansas were renewed
THE WEATHER.-TRIBUSE local observations i'll
dictate colder clear OF fair weather. Temperature
Yesterday: Highest, $50; lowest, 1872; average.
29Ioo.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02

tions. Undrained house-sites damp cellars
cessDools and vaults are extremely productive
of malaria, consumption, rheumatism, ETC.;
and where there is public water supply the
condition of things is still worse, for the
soil becomes more thoroughly saturated with
poisonous substances. In many cases suburban
property has been sold at a sacrifice, and
families have returned to the city
with health seriously impaired. wide
field is opened for profitable investment
in restoring the suburbs Ot New York
to healthful condition. Then better homes
for large classes of the cty's population could
be proyiiel, and worlingmens trans with
moderate fares could be run on the railroads, as
is the case on some roads leading out of Bos-
ton.
But the conclusion clearly shown in the arti-
Gle in Yesterdays TRIBUNE is that with
"the best facilities for suburban travel, the
"mass of the very poor must be housed on
Manhattan Island" This is shown by
the experience of London. Abundant OPP
portunity will remain for the wisest phil
anthrooic work in the direction of improved
dwellings for the poor. The Tenement House
Commission is advancing in the right way; but
the best of laws will be inadequate unless their
provisions ara carried into effect. What Is
needed is enlightened and aroused public opin-
ion that will compel landlords to do their duty
and tenants 20 take prii, in clean and healthfnl
homes. even i'm the crowded centres of New
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02
OUR ovERcRoWDED TENEMENT HOUSES

OUR OVERCROTDED Observation-Disclosures
A noticeable article yesterday stated clearly
the causes of OyercrOwding in New York
tenement-houses, and concluded that this
state of things is almost inevitable The only
remedy is to improve the condition OF such
dwellings, Workingmen are compelled to live
near the factories, warehouses and shops in
which they are employed, for they do not earn
enough to live at distance and cannot af-
ford to spend the necessary time in travelling.
The population of the city has increased mainly
in two casses-the very rich and the very poor.
This is strikingly shown by the figures given
regarding church-gOing From 1Sl5 to 1882
the citys population increased 225 per cent.
In that period the membership of Protestant
Episcopal churches which may be regarded as
largely representative of the wealthier class
increased 215 per cent; whe-mlinly at the
other end of the social scale-the attendance on
Roman Catholic churches advanced no less
than 900 per cent
Meantime the centre ofpOpulatiOnh has scarcely
changed. 1t is now, as it was ten years ago. in
the vicinity of Canal-st. People OF moderate
incomes have moved up town or to the suburbs,
but workiagmen as q class continue to live in
the crowded districts The travel on the Gle
waited roads is good Indication of this. Intho
busy hours IN rec evening every one has seen
large numbers Of working people coming from
uptown and leaving the trains at Houston, Grand
and Canal SITS.
Mr.. Wingate points out that the suburbs OF
New York have been largely spoiled as places
of residence by the neglect Of sanitary precau-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02
Nmnsemenis Go Might.

AMERICAN INsTrTUTE-Roller skating
pLroIi n, .PgKI HOUsE-S-" Atoms -.
CHfCKEaING HALL-S-Mr. sidney "ooho'"
CNsfSo--S-"Apajune."
CO.FDf IHEATgE-S-" lxlOn
JAWS TDFATRi-S-" Love on Crutcbes."
irKx NusKE-waxworks. -Hungarian Gypsy bana'
CY .Np OPERA HOusK-S-" Captain MlShler.'
NlDis,,> SQUARE THEATRE - $3.50 - "The PriVate
Secretary" 49, ,,,
METROPOLITAN OrEHA HOUsE-S-"Die Walkufe
NmIO's EAROEN--S--" Mar Blossom"
STAr fliPAT.tF-S-'' ullls Caesar"
ETANpARD THEATRE" TriD 10 Africa,
THAI.A rHEA1RE-S-" NanOn." l.. ~.
UNION SQUARE THgNrE8 - S-"Three wives 10 ohe
Husband" go
NAILACK's THEATRE--s--" Victor Durand.'
5TE AVENUE fHLArRE-S-" Hamlet .,-, ,,.A
1t7T' STREET 1nEATRE--S-" The Drum Me0ors Daus"-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-02-02

800 1877 ,227 also a gain of nearly 3oo per cent.
Results equally striking and conclusive are reached
If comparison be ,de Of the quantity OF Wool pro-
duced and consumed at different periods
Mr. Jefferson Davis has broken out in two places
once more He can spout post-mortem treason 10
his hearts content and his friends condone the offence
with the remark. "the old man is vindcating the
truth of history" But let patriotic Northerner
venture to conrovert his statements or rebuke his
spirit and the BoHrbons on their hind legs and
exclaim, Great Scott don't let's have any more
waving of the bloody shirt"
The Parnellites are enlivening the Parliamentary
vacation with spirited appeals to Irish audiences to
persevere in the political campaign which has been
SD successfully conducted. Mr. Bggar, as usual, is
incorporate in his language, denouncing Lord
Spencer as q murderer who Is answerable for the
death of Myles Joyce 1t is pity that Mr.. Parnel
caunOt impart his own discretion ami imperturbable
temper to some of the Hotspurs who acknowledge
his leadership We glad to observe, however,
that Mr. Redmond has taken pains to declare that
the Parnellites have sympathy with dynamite
outrages and no influence over those res0rting to
them. This assertion is coupled, of course, with
cOutemptuous references to the Crown officials who
govern Ireland These cannot he omitted from
NatOnallSts speech, since home rule Is the dlsthct
aim of the Irish party. SO successful have they
been in appealing to public feeling in the island
that the Crown officials practically isolated in
Dublin Castle. Mr.. Parnel is political dictator,
and the machinery of parochia and local govern
ment is already controlled by the Irish people.
Before Mr. Edmunds Furnishes newspaper CORE
spondents FOR reporting the proceedings of secret
sessions of the Senate, it might not be bad scheme
to in form the people what good reason there is for
holding secret sessions. Ii not clear that there
should be star chamber legislation. Why should
not the people know what their public servants
are dOingf
The London policemen seem to be Of wonderfully
trustful disposition for men who see so much of the
worst side of human nature. One or them stopped
an American the other day, because he carried
" suspicious looking" tin box. The officer wanted
him to swear on his honor" that it did not contain
dynamite. The American "swOre' and was
allowed to proceed Apparently the policeman
reasoned that a man who carried dynamite could
not lie about it. Such faith in the word of a
stranger is touching and chivalrOus. but over here
such a policeman would be considered decidedly in
need of sailing.