The times. [volume] (Richmond, Va.) 1890-1903, 1894-01-06
EDITORIAL COM

Atlanta Journal: The inaugural aldres
OF Governor O'Ferrall. Of Virginia, ha
attracted great attention. 1t has beef
commented on. not so much because o.
what /; says about the resources ant
prospects Of the State or what 1t pro
poses as the policy Of the State admins
tration, but because ii supplies sucl
specimens Of rhetorical grandeur as are
rarely found in an inaugural address.
New York Herald. Some Of the financial
measures introduced in Congress have at
| least the merit Of contributing TO the
| eayety Of nations
Mr.. BANDS bill to Immediately issue
| circulating notes against the segniorage
OF the silver bullion now in the Treasury
is one Of the latest Of this class.
The seigniorage is the profit arising
from coinage. being the difference between
the value Of the bullion and the circulat-
ing value OF the money struck from it.
In order to obtain 'seigniorage," there
FORE the silver must be coined. But TO
coin the bullion now OF hand will be the
work OF years Mr.. Bland proposes to
anticipate its coinage and to capitalize
the expeC ted profits at once in the shape
Of circulating certificates.
New York Times: In a table recently
published by the London Mark Lane Tx
press II was stated that the quantity of
wheat exported from the Argentine Re-
public in eleven months of the calendar
year 1898 was 1882 900 bushels. We could
not believe that this was correct state
ment. for all other reports have ind-
Gated much larger shipments from that
country. We now find that the Buenos
Ayres Standard recently estimated the
exports from the Argentine Republic for
the year al 3S,Si0O0O bushels. out Of a
crop Of 5J,4400oO bushels, and predicted
that the coming crop would be in the
neighborhOod Of S0.oo0.0O0 bushels, of which
$500 900 bushels could be exported. The
rapid development Of the wheat-growing
industry I'm this South American country
is a matter Of much importance TO the
wheat-growers Of the United States. Ar
gentine shipments must haze affected the
price Of our wheat this year. and it is
probable that the effec: Of them will be
not less noticeable in the coming twelve
months.
New York Sum- We are Of opinion thai
at least quarter Of a million Of the
wage-earners Of the country who were ly-
ing idle at the opening of December have
got to work by this ting. We have reach
ed this opinion by conating a mass Of
industrial reports received from twelve |
populous States besides New York, viz
The States Of Massachusetts and Con-
neciicut on our eastern border. Of Penn |
sylvania to the south. of Ohio and Ill |
nois further west, Of Michigan, Wiscon- |
sin, and Minnesota on the lakes of Colo /
RADIO, and Of the three States on the Pa
cihc. The statistics in the reports which
we have examined are often estimates,
but in other cases they are the returns
Of the number Of hands set TO work by
reason Of the renewed activity Of manu-
featuring establishments. and the re-
opening Of some Of those that had been
closed In some departments OF produc-
tive activity trade has picked up" in
this city within a month. as It has in
some other cities Of the state. The con-
dition Of things in the planting States Of
the South has been less oppressive during
The hard times than in those of the
North.
Field Marshal Murat Halstead, editor
If the Brooklv Standard Union, has de-
,ided TO en,er active political life in that
'ity. and is to appear as a delegate from
he Fourth ward in the new Kings County
i4l n INIT %