smithclay/nortonstories huggingface dataset:
Year: 1878

WALL STREET,
THURSDAY, Nov. D. 1873
In the language of esteemed contemporary.
Thirty fonr days hence the United States Treasury
viii, according TO the law resume specie payment" "
While this fact is conceded all sides considerable
uneasness exists lest the resumption Of specie pay
anents may fail in conditions of permanency, or some
unforeseen danger to the existing financial status
MAY lurk in the act itself. This anxiety finds
preston rather in differences OF opinion to the
probable result than in action, though there is a
rowing disposition upon the part of the banks to
uard against unfayorable contingencies by shorten
ng the period Of time loans while private capitalists
advancing rates of interest There does not ap-
pear to be much doubt about the possibility Of
bringing gold and greenback dollars to a
parity of values and keeping them there as
there is with respect to how the silver
dollar is to figure in the problem and how the silver
unen are going to figure in Congress. somewhat
prevalent idea that gang of spectators may under
take raid upon the Treasury. and hoard gold with
the expectation of restoring the premium seems to
unworthy of consideration Apart from the diff
sulty of the job act unpatriotic and having
cnany elements of conspiracy about it would bring
down upon the actors the execrations Of the whole
community and possibly the strong arm of the law.
iThe chief apprehension appears, then to rest upon
the existence OF the silver dollar and that because it





b that to worry about this debased coin at
.nt is to take trouble upon interest Were it in free
circulation the matter would be otherwise. Existing
In but moderate amount and most OF this being
signed to the solitude OF Treasury vaults, it can
scarcely without special legisation become factor
in the resumption scheme. An alliance unnatural
as that between the gold dollar and the silver dollar
while being impracticable ut all times is fortunately
ouot called for at the present AS the coin
of resumption will begin to appear and it will be
found that while we have resumed, far green
hbacks and gold concerned there will be necessity
for further resumption to silver Nd legislation
can make eighty-hve cents of equal value with one
hundred cents. the people be made to accept
them such. Hence will arise custom of special
econtracts in commercial transactions which will be
basis mot either indiferenty, both)-one Of
(which will represent gold price and the other silver
price, and the difference between them will record
,lhe premium on the more precious metal This
premium will express the difference in the bullion
value OF the silver dollar as compared with the gold
dollar will be subject to small fluctuations and will
constitute important factor in all foreign ex-
changes. In domestic matters the coin will
gradually drive greenbacks and gold of circula-
ton, be accepted as "dollar'' in common parance,
hand add fifteen per cent to the price of every
Aound of tea, yard Of cloth foot of land that is
offered for sale. To-day being close holiday the
v~rious exchanges are shut. and there prices
gor dealings to record
Year: 1878

One OF the features OF the shooting during the
whole OF the day the excellent retrieving of Mr.
T. b. Baldwin's retriever. Night. which not only did
some good work. but captured wounded bird that
flying about three feet from the ground by jump
ing at 1t. He also showed much sagacity in turning
birds that would have otherwise flown out of bounds
and would have been scored as lost
Year: 1878

We claim q patent for a new
application Of Edison's Invention.
When his olhce was infested with
cock YoSchss, he strewed the up~
per vxlis with mOlssees, and then
nailed two strips Of zinc horizon
tally en- the walls beneath. These
were en- eighth of an inch apart,
and to one Of these he secured the
positive wire Of his battery, and
TO the other the negative one. As
The reaches stepped from one TO
the other they closed the circuit,
and the shock killed them.


We have secured the use of the
Western Union wires for two stripe
of zinc . feet apart, on the plat
form in front of the News Office
door, When any good fellow is
seen approaching on business, we
throw open the circuit But when
q dead beat, q lecturer or book
agent is seen coming, We close the
connection, and as he steps from
one strip to the other, VIC "lets
him drap."
Year: 1878

THE recent coupon decision of
the Court of Appeals does not de-
crease taxes, but does decrease
education. To the few W h o
oppose free schools, it extends
the alternative of still paying
school tax, but to be expended on
the privileged COnsOl holder. To
the great mass who favor free
school education, it very plainly
says they shall not have it except
by increased taxation.
Year: 1878

1862 has such a food been


pouring out of the Sacramento.
The waters Of the great bay Of
San Francisco are now quite
fresh. When the food tide
makes from the ocean the fresh


water of the Sacramento 10
crowded we'll over toward Oak
land, but when the tide is at ebb,
the line of fresh water may be
traced far down the Golden Gate.
It has. been stated that during
the past few days there has been
no perccptible food tide setting
up from the ocean-this having
been overcome by the immense
flood coming down the Sacra-
mento. Probably this food tide
could be found, if anywhere,
near the Saucelito shore. 1t Is
a good time for salmon, which
are how travelling up stream,
and they are about the only
ones who heartily enjoy this
flood.
Year: 1878

In no year since the American
occupation of California, has SO
much rain fallen in so short a
period as during the last five
weeks. The Sacramento river is
higher than it has been for six
teen years, and were 1t not for
the improved levees about the
city nearly the entire area of
Sacramento City would now be
under water. Nearly all the is-
lands in the river are under wa
ter; in fact, the Sacramento is
now great inland sea, pouring
It's mighty volume through the
narrow Straits of Carquinez, and
thence down into the bay Of San
Francisco. This immense food
moving toward the sea, almost
destroys the influence Of tho in
coming tide from tho ocean.
At NO tims since the winter oil
Year: 1878

From the many and conflicting reports
concerning the progress of the peace negoti-
ations in Europe one thing only is clearly
evident, that England sullenly refuses to go
into Congress which has not absolute pow
er over the treaty Of San Stefano. The fair
est proposals, fair seeming at least, are re-
iected by her. She feels that she was be-
fooled by Russian diplomacy at the outbreak
OF the Eastern war, and has come to look up
on all suggestions as Russian tricks by which
she must not allow herself to be caught.
English suspicion appears to be the great OBJ
stacle to settlement. There is no good rea-
son why the proposal of Bismarck that the
British fleet and the Russian army shall sim
ultaneously withdraw from the neig ghborhood
of Constantinople should not be favorably
received. But England considers that, as
she considers about everything, a suggestion
offered in the interests of the Gar. It has
been said by witty Frenchman that the
English are always suspicious at the
wrong time; they permit thieves to rob
them and swinders to cheat them, and then
arrest on suspicion the first honest man that
happens that way. There is some truth and
not much exaggeratien in the saying.


There is no reason to doubt that Germany
is sincerely desirous of peace and anxiously
striving to restore friendly relations between
the two hostile nations. She has absolutely
nothing to gain by war at this time. But the
sullen obstinacy of England discourages her.
She has apparently come to believe that
conflict is inevitable, and that all Europe will
be involved in it. The report comes that she
is promptly arming. If she has really given
up the attempt to secure peace the cannon
will have the word, for England and Russia
left to themselves will certainly fight. What
combinations would be made in case of war it
is impossible to foresee. Austria and Eng
land might join forces or England might 60
into the battle without allies. Germany
would probably content herself in the latter
case with position of armed neutrality until
the combatants we're exhausted and would
then step in and dictate the terms of peace.
In that event England certainly would gain
nothing, and Russia could expect at best to
make no better terms than those described in
the treaty OF San Stefano. If other powers
became Immediately involved Germany would
at once 90 to war and decide the battle. In
that case she might gain some important ad-
vantages. 1t is difficult to see how she could
profit by war between Russia and England
except in augmentation of moral influence
There is no territory for her in the East.


The maintenance of peace then would seem
to depend upon the action of England. She
must abandon her suspicious and enter heart
lily and frankly into the negotiations for the
settlement of the Eastern question. An atti-
tude of armed reserve is certain to provoke
hostities. The Russians are already greatly
provoked by her refusal to accept any propo-
sal yet made, or to make any practical offer.
Their patience is nearly at an end and it will
take little more provocation to drive them in
to declaration of war.
Year: 1878

SOCIETY in London is attempting Greek
revival, but has gone about it in queer way.
A reception was given two or three weeks
ago at which the women were to come in
Greek costume and the men in modern full
dress. But only few Of the women COM
piled with the requirements; most of them
wore heavy modern clothing under the Greek
garb, forgetting that the Hellenic idea was
that the dress should set off the form instead
Of the form serving as mere framework for
the display of ''dress goods. The men must
have been pretty creatures in their xallow-
tails, contributing largely to the "classic"
effect
Year: 1878

THERE are to-day on file, the bonds of
nearly seven hundred postmasters who have
not been commissioned because the House
has neglected to appropriate the money to
pay for the printing of the blank commissions.
This interference with the ordinary routine
work of the department is called economy by
the Democrats.
Year: 1878

THE pretended revelations" as to the
electoral vote of Florida are entitled to no
credit. On examination they will be found
to be of as little account as the revelations
regarding the Louisiana vote. Two or three
cheap men have been hired by Democratic
money to commit perjury. That is all.
Year: 1878

THE man who left his money to found a
college of music in New York knew nothing
of music and had no taste for it. He seems to
have baen well qualified to fill the posi-.
ton of musical critic on "great daily.
Year: 1878

We do not read anonymous letters and communi-
cations The name and address of the writer are in
all cases Indispensable not necessarily for publication
but as a guaranty of good faith.


We cannot undertake to return or preserve COM
municatons that are not used.
Year: 1878

EVERY regular attache of the PRESS is furnished
with Card certificate couDtersigned by Stanley T.
Pullen, Editor. All railway, steamboat and hotel
managers will confer favor upon us by demanding
credentials OF every person claiming to represent
Year: 1878

The Congressional committee on labor
had session in New York city, on Saturday,
Aug 8, and representatives of workingmen
appeared before them. They laid the blame
OF depression in business to National and State
legislation, the granting Of lands to railroads
and other corporations, and the granting OF
large interest on bonds. They advanced the
dtathat the government should pass home
stead law, and throw public lands open to set
tlement. and assist men to settle there Mrs


Hale said the first step necessary to bring
back prosperity tothe country was to grant
suffrage to women. Give women the ballot
and everything would be lovely and perfect
Year: 1878

The Union Pacific railroad company
issued July S1st, a circular to the dry goods
trade, informing shippers of all increase in
rates on first class merchandise from New
York to San Francisco from S6 to SIP hund.
red. The reason assigned is that when rates
were low, merchants only shipped light
freight by rail aud sent all bulky merchandise
by clippers around Cape Horn, thus leaving to
railroad companies light and costly freight
on which the risk was too great for small
profit.
Year: 1878

On saturday, August, 3rd, in New
York city, Secretary Sherman and Senator
Burnside had a long conference with leading
bankers on the feasibility of immediate re-
sumption. TIE secretary thinks with the
gold afloat on called in bunds the supply of
coin will really exceed the demand
Year: 1878

August The law which permitted the shoot
ing of chickens on the 18th of August was
amended last winter as above, and penalty
Of SO for each bird killed before the time
mentioned added to the law.
Year: 1878

The land agent of the Union Pacific
railroad, at Omaha, has issued All official cir
cuar letter, giving notice that the railroad
will not accept as final the recent decision of
Secretary Schurz as to the right of citizens to
settle on and remain in undisturbed possession
OF lard granted to the Union Pacific railroad
by the government. Any such settlers will
be dealt with as trespassers.
Year: 1878

We understand that the owners
OF the Utah Southern Railroad,
which is destined some day to tap
the Gulf of California at Guymas,
have concluded to push their road
on into Arizona Immediately. The
terminus of this road is now at Ne.
phi 120 miles south ofSalt Lake City
The small towns and the country
along the route from Salt Lake to
the present terminus give but little
work to the railroad, consequently
it is a non-paying institution. Let
them run their line into the heart
of Arizona and secure her traffic,
then will their road be one OF the
best paying institutions In the
United States. Our mines, of them
selves, will furnish, before another
half decade shall pass away, EN-.
ployment for 100 cars, and the di.
rectors of the Southern Utah see it
and are now about to make an eff
fort for that which they may lose
by remaining longer idle. Now
Arizona has about so, 900 inhabi-
tauts. Give us q railroad, and the
number will be swelled In q very
short period to 500,00O.-Aris coma
Miner.
Year: 1878

He does il every year, year in and year
out, because he has intelligence and
education aud property. That Is the
reason Of it, and so let me tell him that
II he lived down South he would have
a tail OF niggers more lengthy than any


Highland Chief ever had in the High
lands. (Laughtcr.J All by reason OF his
character, education and morals.


Mr. Blaine-I am equally sure that ii
the Senator from Ohio lived in the
South, he would not have tail of ne
groes following after him at all. laugh
teri We should be just in contrast,
but wanted him to print his remark.
The Senator qualities 1t, but still it
stands out, and take South Carolina
with 10000 more colored men than
white men, based on the rights of the
people without regard to caste or color,
without educational test or property
qualification. As Democratic doc
trine has always been announced here
to us that property and education were
TO rule, and when We assert that they
have ruled by violence, and he tells Us
that there are other important questions
which We should consider, and that
congress has not time 10 waste on that
initivl step III the organization of every
legislative body to see that II Is honestly
filed aud men honestly elected, il were
permitted by parliamentary law Ia speak
OF the other branch of Congress,
would say and declare here to-day that
the Democratic party does not hold
rightiul sway in that body now, and
holds il in the next House by fraud and
outrage which no mere declaration
against sectional agitation can overcome,
aud We are asked to abandon all sec
tional agitation, or asked under the plea
oi abandoning sectional agitation 10
submit all grave and great questions
that affect our property and human
rights To- Il Congress that il based on a
distinction Of human rights, and that
lacks the warrant laid down by Jeifer-
son, il the right to govern il has not
the consent III the governed. Mani
festatlOns.l


The Vice President The resolutions
go to the calendar and the Senate re-
sumes consideration Of its unfinished
business.


Mr.. Lamar Mr.. President, when
these resolutions are printed and ready
Tor action ! shall have something to say
on the question of their adoption. Be
fore the question passes of now | wish
to make one ar two remarks on a single
point submitted by the Senator from
Maine.


The debate Was continued at consid-
cradle length hy Messrs. Lamar, Blaine
and Edmunds.


The resolution and amendment laid
aside and Mr. Blaine gave notice that
hc will call it up again at the earliest
opportunity.


The senate took up the hill to revise
the patent laws pending. The discus
Sion went into executive session and
soon adjourned.
Year: 1878

Freemantle, clerk in the foreign office, Cal
cutta, with having refused and neglected to
maintain her as his wife. The case Is notable
on account of the novel nature of the defense,
which was that the husband, having been
separated from his wife 50 long back as twen-
ty-one years. was unable to identify her.
Further that the complainant had undergone
such changes that the defendant had reason
to suspect that she was not his wife. 1t does
not appear that the question of identity was
gone into. or the defendant if really the hus-
band. might have had his memory refreshed
10y cross-eXamination. The case went against
the complainant
Year: 1878

The following item from Truth gives some
idea Of court etiquette: All the ladies at the
drawing room We're in full feather, and, with
their nodding plumcs, looked as grand and
poor mortals to our last home. The ,iignita-
ries of the court We're on the alert to note any
dereiietion from the strictest etiquette. One
young lady was sternly informed that her
hair was coming down. In vain she pro-
tested that the coming down was an art
fstic effort of one of the most celebrated of
Hoifeurs. Put 1t up, was the order, and
tput up it was.
Year: 1878

dreamy writer says it would be curious
60 follow pound Of silk from its spinning
until 1t becomes a lady's dress No doubt;
but most men would prefer to follow it after
T. became a dress, and while the lady was in
Year: 1878

At the time that Senator Conkiing first
freed his mind to his friends in Utica in re-
gard to the Louisiana business. they had
every reason to believe that he would soon
speak on the subject in the Senate as some
of them know from his own mouth. His fail
ure to speak has been grievous disappoint-
ment to them. He said, 1T must come out.
and before long The mon to whom he gave
the credit of managing the alleged great
fraud there were Stanley Matthews end John
Sherman the latter being credited with hay
ing the longer head and the more cunning.
There was a deberatcness and earnestncss
in his mode Of speaking in regard to
the electoral frauds there. Of the
usurpation' of Hayes. and the "cor-
rupt bargain with. Nichols by which Pack


ard was "drven out ut the m,lzzle of Confcd-
crate guns that impressed me so much with
the truth of his convictions as to make me
firm believer in his story. | said, Senator,
Is there any possibility of Mr.. Hayes having
been kept in Ignorance of the steps that were
taken for a fraudulent count, and that he may
not have been u party 10 any wrong proceed
ings2" After deIiberation he said: II am
afraid there Is no room for doubt. The people
who went down there I'm his behalf were per
sonally too closely connected with him to
permit any other theory except that he
was cognizant of all that took place,
l think that when the matter comes to
be taken up and the evidence is pro
duced, it will be shown that Hayes is
not merely weak, but corrupt as we'll"
He spoke Of the rewards that had been
heaped by the President upon the men who
assisted in the Louisiana business as show
ing that he was not merely accessory
afterward but before the fact. And ] certain
ly could understand nothing else from his
remarks subsequently, but that he was in pos
session of important documentary proofs
brought from New Orleans and Of kilograms
that had passed between Washington and
Columbus while the matter was in agitation
There was no question In my mind that he
had ali the proof necessary to speak, and
hence the wonder that he delayed.
The Utica Republican spoke boldly on
this point as its columns will show.
believing it had sufficient basis for
all 1t should say. It's instructions were
to assail the administration on this point, rs
1t tthe administration deserved and should
receive no quarter. Certainly this would not
have been doneby an experienced newspaper
editor Ii he had believed he was to be made
ridiculous by being left unsupported in the
time to come. The Repabiicn, was distin-
guished for the bitterness OF its attacks on
the President and for its insisting that all
that VIM. +. Chandler had said was true, and
more; and its course in this respect met the
hearty approval of the Senator In whose be-
half 1t claimed to speak. This was said alike
by his friends here and in Washington, and
without any hesitation. In our last eonver-
sation | asked him IL the paper was right in
following up the matter and attacking the
administration, and he praised its course and
said that time would prove 1t to be correct.
Year: 1878

Mr.. R. G. WHITE thus discourses on
the misuse of remember and recollect:
Remember and rfcollect are used inter-
changeably, as if they were synonyms,
and the preference seems to be most gen.
orally given to the latter. But they are
not synonymous, and the distinction be-
tween them is an important one, which
ought to be preserved. That which lies
in our memory at hand, ready for use at
any moment, we remember, but we also
really do remember much that does not
lie at hand, that we cannot find in our
minds storehouse on the instant; and
this we try to recollect, that is, to re-
collect. Therefore, the expression l
don't remember, but 1 will try to recol-
lect, is not only correct, but it sets forth
a condition of the mind expressible in
no other way, and to speak of which we
have frequent necessity. The ability
to do so will be impaired, if not altogether
lost, when the distinction between the
two words is done away.
Year: 1878

BESIDES car wheel, and many minor
articles, barrels are now being made of
paper. They are manufactured of straw
pulp, run into a mold made in the
shape of one-half barrel, cut vertically.
The pulp is reduced to the thickness of
three-eighths of an inch, being subject
to,a powerful hydraulic pressure, and is
then put into steam dryer, the sides
trimmed evenly, and thoroughly dried.
The ends are also made of paper, but
are protected by wood. The advantage
of these barrels over wooden ones are
lightness, cheapness and the prevention
Of -four sitting out while in transit.
They do not cost more than one-third
the price of wood barrels.