VOL, 40. The Ii untingdon Journal J. 11. DITIIiIOIIROW, PUP.I.IBIIEIIB AY - PROPRIETOII3. Ü b e ,: in nem Joriew e ßuilding, Fifth Street, 'NW 1117NTIN(11111N Jut:RNA', loi putrliihml every by .1. K. Drimotr.ow and J. A. NASH!, Willer tir:o came of J. K. Dnanonaow oc Co. ' at #2,00 per nn j IN AI, ,x n - Cz, , $2.60 i r Hirt iftid for in RIK month, from Tutu of posbncription, and 53 if not puld wittiin the . . . . _ . No pap..,ll44,ntlian,d, unloao xt flit, option of the pub limliera, until all arrearage4 are pall. No paper, however, will be went out of the Stair) 111110811 almoint , ly paid fur In wlvan,,... . . Traimieot wlvertliienwntA will be 1'14,00 ••t AND A-BALF CrATI) NA' lion fin. fir,it mr.tx AXD A-11 ALT ,Evrr for the and Y 1,2 Ci.3T, lover llno for All 1111101401111,0 , itnriorly and yearly hu,ltiem ltdvertieem••nt4 will bn itisertAl •t the following rah.: I:tip to:ra I 1 yr 2111 45, 4/1 / 1 I I/0 SI! 2•• Cs 01' N 0..!1, tw, 12 ,N, tr, in,, 601 iz 700 oo II Go Is 001:,34,, 0 1.3.1 01, ,0 09i or, 1W 4 1 ' N , N) 14 0 , 1,21 0 , 1 21 (1011 C 436 00101 00 401 100 1,-41 n,tle will la, i!iiierti-d at YIYTEEN CENTS put' HIM wad ev..ry . . All fieriolnfionii of Ainiociittonii, Cotninnialcationii of Hooted or Individual interept, all party ontooinceniuritx, and notireg of Sfarriag ,, i and Dextle4, exceeding five lines, will li.• el.rgol rex enNTS per line. . . legal awl ether waked will W. charged t the 'arty lutving. them in-erteal. A.hertiwirig Agent.; must bud their C 01111111,141011 outside of tte-se figure.. All wierrtzming (mounts are due, coilretildr neirrrli.ement wire , in4crted. JOB PRINTING of every kind. Plata and Fancy Colors, done with neattirss and dispatch. Hai d-bills, Blanks, Car,l4, Pamphlets, kc., of every variety ru,a style, printed at the oill,rte , it notice, and everything in the Printing line will he executed in the most artistic manner and at the lowest rates. Professional Cards 1 CALDWELL, Attorney -at-Law, - 2 --- , •No. II I, 31 Etrect. Office fonuerly occupied by Measrc Woods & [ap12,71. 1 IR. A. B. BitIDIBAUgIi, offers his profesaional services to the community. Office, No. 523 Washington street, one door cast of the Catholic Parsonage. Da,n.4,11. CA EO. B. ORLADY, ATTORNEY-AT-LA n0v17'751 HUNTINGDON, PA LJ. GREENE, Dentist. Office re i • moved to Leister's new building, Hill street Ilantingdon. Dan.4,'7l. L. PLOBB, Dentist, aim in S. T. t. X. wu's new building, No. 520, Hill St., [apl2,"ll. untingd.a, AW. BUCHANAN, Surg,eon Den • tiA, No. 228, Penn Street, Huntingdon, Pa. [lnchl7'7s HUGH NEAL, ENGINEER AND SURVFYOR, Cor. Smithfield. Street and Eighth Avenue PITTSBURGH, PA Second Flooi City Bank, :VT C. MADDEN, Attorney-at-Law • ()ace, No. —, Hill street, Huntingdon, Pa. [ap.19,'71. _ll FRANKLIN SCHOCK, Attorney • at-Law, Huntingdon, Pa. Prompt attention given to all legal business. Office 229 Hill street, curner of Court House Square. [dec.4,'72 SYLVANUS BLAIR, Attorney-at rfi • Law, Huntingdon, Pa. °thee, Hill street, tiree doors west of Smith. [jan.4'7l. R. DURBORROW, Attorney-at r..o • Law, Huntingdon, Pa., will practice in the several Courts of Huntingdon county. Particular attention given to the settlement of estates of dece dents. Oliiee in he JOURNAL Building. [feb.l,ll, W. MATTERN, Attorney-at-Law co • and Geneial Claim Agent, Huntingdon, Pa., Suldiers' claims against the Government for back pay, bounty, widows' and invalid pensions attend ed to with great care and promptness. Office on Hill street. _ Dan.4,'7l. S. GEISSINGEIt, Attorney-at -1-4 • Law, Huntingdon, Pa. Office one doo East of H. M. Speer's office. (Feb.s-1 A. ORBISON, Attorney-at-Liw, -A- 1 . 7 • Patents Abtainea, Office, 321 Hill street, Hautingdon, Pa. 1.may31,'71. E. FLEMING, Attorney-at-Law, KJ • Huntingdon, Pa., office 319 Penn street, iicarly opposite First National Bank. Prompt and careful attention given to all legal business. Aug.5,'74-6inos. VILLIAM A. FLEMING, Attorney- IF at-Law, Iluniingdon,Pa. Special attention given to collections, and all other legal business tended to with care and promptness. Office, No. Hill street. [apl9,'7l. ----_____ Hotels. k - 110USE - JULIANA STRZET, BEDFORD, PENN'A. This well-known house has recently been leased by the undersigned, who, having had the experi ence uf a number of years in keeping a first-class hotel, respectfully soliets the patronage of the public. Special attention will be given to transient boarders, Arrangements will be made by which persons can have meats at all hours. Boarding $1.50 per day. Boarders taken by the day, week, month or year. iny5,"75-y) MARY J. RIFFLE. TORRLSON HOUSE, 1. OPPOSITE PENNSYLVANIA R. R. DEPOT HUNTINGDON, PA. J. 11. CLOVER, Prop. April 5, 1871-Iy. Miscellaneous T OYS AND GAM. ES OF ALL KINDS Just received at the JOURNAL Store. ALSO, WRITING DESKS, WORK BOXES, ALBUMS, &c CIUNDALL'S BUILDING BLOCKS, MENAGERIE and GYMNASTS PARLOR CROQUET, &c., KNOX FRUIT FARM AND NURSERIES, FRUITS, FLOWERS AND SEEDS FOR EVERYBODY. Handsome Catalogue of Fruits and Flowers. and Handsome Catalogue of Seeds now ready. Mailed free to all applicants. KNOX FRUIT FARM CO., BOX 115, PITTSBURGH, PA., J. F. GRIMES, Supt. J. 0. SLEMMONS, Business Managcf. SEED STORE' 131 FIFTH A VENUE. Feb. 11-2 t HUNTINGDON Academy and Seminary. For particulars address or apply to the Princi pal, Ituv. W. W. CAMPBELL, Principal, fani 4-tfj Huntingdon, Pa. J. R. DURBORROW, J. A. NASII, The Huntingdon Journal, EVERY FRIDAY MORNING, THE NEW JOURNAL. BUILDING, USTI NG DON, PENNSYLVANIA. Gm ! fins 7 ,1) r I:: $2 (10 por annum. :alvame ; within rix month*. and 83.00 if' 00000000 0 Pi.criEssiv 905 Penn Street, 0 REPUTLICAN PAPER. 0 0 0 00000000 SUBSCRIBE. 00000000 0 0 0 0 0 0 0 0 0 0 0 0 gg/Igggg TO ADVERTISERS feb.l7-ly Circulation Hoo. ADVERTISINU MEDIUM, The JOURNAL is one of the best printed papers in die Juniata Valley, and is read by the best citizens in the county. It finds its way into 1800 homes weekly, and is read by at least 5000 persons, thus making it the BEST advertising medium in Central Penusyl- vania. Those who patronize its columns are sure of getting a rich return for their investment. Advertisements, both local and foreign, solicited, and inserted at reasonable rates. Give us a❑ order. mug JOB D 4 g" - ; I It, . 42 . c r '' tC c ' e. cr o = I ,-.. o = 1 e C g 1 ?D sz CI) I 0 ° Ea t 9 ra 0 1 .1 72 I 1 1 ' a.! p. P 5 . 1 zi - COLOR PRINT ter All business letters should be ad dressed to J. R. DI7RBORROW & CO.. Huntingdon, Pa. ._ ~ ig.. -,, 0 —‘i - 2TI W i , 0 et 1 4.! 's— ; kr . si... • -, : - . 4 2.i. :-. r.• t illik . It ? ,t ‘ t ,t• 4. , • , . . . V ~,.. t 4.,. .: , i -- dr.. 7 . ~..;-, JO urnal• ~. .. .v ~ ~ 'Ws Printing. J. ,I. _NASH. PUBLISHED -I N - No 212. Fl FTII STREET, TERMS : nut paid within the year. 0 0 0 0 0 0 o 0 0 0 00000000 FIRST-CLASS i 5000 RE A.DERS WEEKLY PARTMENT t.: 1 1 P '7/ T 7 (;:: CD CD CA 0 CIQ :NG A SPECIALTY, tu.' .jotvc, For the J OURN A L.l A Warning Ile sat on the sofa. t.eside Mary Jane, And coaxed hip mouse-colored inotpitaelie, Declaring he felt in his bosom a pain, Which, if not removed, might cause him tocom mit a dzed which the papers would dexignate as rash. The lam being sensitive, timid, yet frank, Iler willinguema quickly declared, To g 9 with him, even to death's river bank ; For to tell the truth, when Pin, beheld the pallor which nverrprend hie countenance, the young lady wail eon, ilex-ably ticared. The knot was scion tied, and the panic MIMIC down About like a thoumend of I,riekii, 'Twos then both averred, with a vinegar frown, Th.►t if they had the !apt fc Wyea rm of their life to live over again they would know how to avoid 'melt a love:dentoying 'Ti! said the nmemlatnized course of true love Was never yet known to.he arnootb, And quickly the twain the tippertion did prove, For herd flume pn(rero a peculiar charm to them and had the effect their irritated nature); to soothe. Then hearken young people, permit not your Mind One moment t o fi ti gcring dwell, On the hlirs which your souls in the first scone may find, For had the young couple reoloteel the attaeks of the blind god, Love, they would nut to-day he victituB of such an egregious sell. But, 'dimly! it is useless the ills to portmy Which gird the hytnenial altar, I know 'tie but throwing my talent away, For regardless of my entreaties you will all in time be inginuatingy.)ur necks into the halter. So I'll Eub,id e. A Iticus altc ffitorli-ZErliet. ON THE BRINK. :0:--- I have known Arthur Gravely well and intimately. A part of this story came to toy knowledge through my own observa tion, and part he told me liitnsM. Arthur came of an old, well-defined and respectable stock, with just enough aristo cratic pride, inherited from his progenitors, to give him refinement and self-reliance. At an early age he was left an orphan, and received most of his education under the care of an tingle. When be was one and twenty he was admitted to the employ of a banker named Vanderlain, and very soon took a position of trust and responsibility in the house. A year later he took Fan ny Summerton for his wife—one of the fairest and sweetest of earthly treasures. He had loved her long and truly, and her love in return had been single and devoted. Thus was life openitig for Arthur Gravely with bright and happy promise. He had friends whichever way he turned; his bus iness prospects were of the very best, and his home was an earthly paradise. One enemy, and one enemy alone at this time, stood in Arthur's path. His wife did not see it then. She loved him so fondly and trustingly that she could not see a fault. A few of Arthur's friends feared danger, and one of them, more boldly than the rest, spoke to him warningly, but kindly; but he turned away from the warning with a sneer of derision. The months and the years went on— from twenty-one to twenty-eight. Six years of married life,—six years of blessing so far as the outer things of life can give blessing. In the bank •Arthur had assumed a position very near the head, and his salary was munificent. From early youth Arthur Gravely had fund the wine cup among the symbols of life's social phase. He bad kept wine in his house ; be had used it upon his side board and upon his table ; and he had par taken freely abroad. In the earlier years it was wine, and only wine of the best and the purest. Later, stronger liquors were required to keep up the tone. AL the age of eight and twenty there had come an undue flush upon Arthur's cheek, and there were blotches in the eye whiCh ought. not to have been there. . He now took brandy before breakfast, and through the day lie was forced.to supply. fuel to the fire which else might have consumed all bodily comfort. As yet be had never been helplessly intoxicated. He was confident in his own strength. Alas! for the man thus trifling ! lle knows not that his powers of understand ing are dying out as the body perishes ! At length Mr. Vanderlain called Ar thur into his private office, and told him that he was going to suspend business "I have money enough," said Mr. Van derlain, "and I know that my close appli. cation to business is wearing upon me. I am growing in years, and need rest. I think of going to Europe." "And of' closing up your business ?" "Yes." • "But, sir, there is. no need of that. If you will trust your blink under the guid ance of some capable and responsible agent, with your name at its head, it might go prosperously on, and you could go away on your trip at will." A cloud came upon the banker's face and he shook his head. "It is too late," he said. "Some time I may tell you more." Shortly after this, in process of closing up his business, Mr. Vanderlain sent Ar thur to a distant city to make some impor tant settlement:. Arrivinc , at his destina tion, the young man called upon the cor respondent ache bank, and having made preliminary arrangementehe found him self with :a few days upon his hands which he might enjoy in pleasure. On the very evening of his arrival he had fallen in with John Hatton and William Roberts, two classmates of earlier years. He was startled when be saw them. They were evidently going down hill—were drinking to excess. Yet they were gentlemen, "and Arthur joined them. He spent a first and a second night in their company. On the second night, fcir the first time in his life, Arthur Gravely drank:tO a:state of help less stupefaction. He awoke on the next day feeling sad and humiliated. When he met his Companions in . s, private parlor connected with their sleepinc , apartments, he found them with a bow; of hot brandy between them,- - A spirit-of true friendli ness came upon him when he saw the marks of the destroyer so deeply fixed upon the companions of his boyhood. - "Boys," said he, "this won't do. You are going down." They regarded him curiously, and asked him what he meant. "You forget, old boy," said Hatton, "that you are in the same boat. If we took passage befbre you, it is no lass sure that our route now is the same. Don't preach, Arthur. Try a bit of hot brandy." There are moments in a lifetime—great crises when the events of the past flash be fore the mind as upon a magic mirror— when a man, in a brief instant, recalls every salient point of his earthly career. Such a moment was the present to Arthur Gravely. "Lei it alone," he' said; solemnly. ' "I tell you, Jack, and you, Will, that you arc HUNTINGDON, PA., F going down. You can't last much longer at this rate." "Well," retorted Roberts, with an at tempt to laugh, "it appe3rs to me that what is sauce for the goose is sauce for the gander. Hadn't you better try to let it alone yourself'!" will try it, will yod try it ?" ho asked. “Will you try it?” demanded Hatton you will join we." "Done !" And they did it. They joined bands and promised one another that they would be true and steadfast. A new surprise was in store for Arthur Gravely, He found upon cutting off his spiritous liquors that his body weakened, and that his hands shook as with palsy.— lie applied to a physician fir 114. Fortu nately, lie applied to a wan of sense and understanding. "Can you give me something to steady my nerves and restore my appetite ?" Arthur asked alter he had frankly stated his case. "This shows you, my dear sir," said the physician, "into what a dangerous state you had fallen. I can give you something to steady your nerves, but it would not help you in the end. If you will be brave and true, you will conic out all right in a few days." Arthur said b.; should not go back.— He wanted no stimulant—no more of that. The trial was a severe one, and it may have been a blessed thing for Arthur Gravely that it was so. He felt inure herorism in the conquest, and he also saw more clearly how deeply the evil habit had become fixed upon him. On the morning of the fourth day of his trial he awoke with an appetite for food, and was able to eat a hearty breakfaEt Ile was a new man from that time forth. The physician had given him certain hygienic directions which he followed implicitly, and thus held fast upon his health as it came back to him. And on the fourth day Arthur saw Hat ton and Roberts. They had kept the faith, and had unexpectedly prospered.— An excellent opening in business had been presented and. accepted. On the fifth day the business which brought Gravely from his home was con cluded, and he set out on his return. And the last struggle had passed. His nerves had become steady, his appetite had started as if by magic, his cheek had grown fair, and the white of his eye was growing clear and pearly again. He reached his own city in the morning, and went first to the bank and gave in a return of his business. Mr. Vanderbill had glanced quickly and eagerly into his face when lie entered and a wondrous chancre came on the banker's manner as the business proceeded. Something out side the business in hand was evidently on his mind. Arthur did not reach his home until time for dinner, but lie had sent a boy from the bank with word that he should be there. "Fanny !" "Darling 0, rtn 60 glad to see yati back 1" Something made the wife even happier than she had thought as she rested within her husband's embrace; but in the sudden 'joy she could not see it,—she — could only feel a great warmth, like the glow of heaven, as Arthur's kiss came sweet and pure, to her lips. As they entered the dining-room Arthur saw the decanter of wine uear his plate. "Take it away, Fanny," he said, smi ling. "If you want it hereafter for a med icine, keep it. For myself, I shall not want it." "Not want it? Arthur." "I have done with it forever !"• spoke solemnly, withh 4 a manliness that was strong and reliant. _ _ And the wife saw whence had come the great warmth in her heart; saw in the pure cheek, in the clear eye, as she had caught it in the sweet breath. "Arthur—my husband," she whispered, as ihOugh -- hardly daring to trust her 'Own senses, "is it true ?—do you mean—for ever?" "While I live, darling, God giving me strength and reason." Fanny was upon the opposite side of the table. She tried to speak, but her voice failed - her. She turned white—then she pressed her hand for an instant upon her heart—and then, as the crimson blood once more bounded on its course, she cov ered her face and sank down, weeping like a child. Arthur was by her side in a moment. "Fanny l—my wiret—rwhat is it ?" She looked up and'eaught his startled gaze through her tears. Witt a quick movement she threw her arms around his neck, and pillowed her head upon his bo som. "Oh, Arthur !—bless you! I could die for joy if I did not feel that I could have more happiness in living now for you !" Here was a new revolution. Athnr Gravely now learned how his sweet wife had Suffered without daring to complain— how the worm had gnawed at her heart ! —saw it all the more clearly because he saw in - his present time the joy and eestaey. Not many words were spoken. This was not the time for such a heart moving theme. And now, as they ate the meal,Ar. thur told of his trip to the distant city. After -dinner Arthur went out to Carry a budget to a neighbor, an& vihei-left alone, Fancy at _down,_, and. cried . again for joy. And.: eo Mr. Vandeoal4 her. He had stopped in passing to go on an errand. • • "Mrs. Gravely ! What has liappenud? What is wrong?" _ • iiihrivrg 4,lke .repeated, looking up. "0, cryi ng sir, it is for jay !" Lam . , And then she told him of the new hap piness that, had opened to her. Mr. Vanderlain listened, and after a greitt - clenl br thought,' he slowly= said, with his hand upon Fanny's fair . "Dear child, you may rejoice without fear. If Arthur has pledged his honor to this new life, to be sure he will keep the faith !" Most of the afternoon Arthur spent at the bank ; and as he sat at the table in the private office waiting fbt the banker, a feeling of sadness and regret came upon him., .It, w091,4,ke, hard to Jeaye, the old place, and it might be a lone long time before he could find another so pleasant. It was toward evening when Mr. Van aerial(' came in, looking flushed and self satisfied. "I have kept you waiting, Arthur, but I have been busy. I have made a most important change in my programme" "Ah ! Then you are not going away !" "Yes—l shall go to Europe ;but I shall not give up my banking business. I have found a new man—one safe, reliable, and competenb—who, I think, will take my business when I am absent." "Mr. Yanderlain," cried the young man, AY, MARCI) 31, 1876. frankly, "I am glad of this, for I know I shall be able to persuadeyou to let me keep thy place in your employ." The banker sho.,k his head, Arthur trembled, and started to speak. "Tut, tut—not your present place, Ar- thur. Know then that you are my new man. If you will take charge of my busi ness. I shall not let it go from me ; and I shall leave it in your hands, knowing that both it and you will prosper. What say you ?" "Mr. Vanderlain !" "Alt, my boy ! I have seen your wife. I found her crying for joy. And when she told me whence her joy came, I knew there was joy for me also. To the new man I give toy entire confidence, and in his hands I fear not to trust my name and my honor." It Was Arthur Gravely's turn now to weep; and he could no more help it than he could have helped the great flood of peace and blessednems that flowed in upon his heart. "My dear boy," said the banker after wards, "I *d not speak to you in the oth er times as perhaps I ought. I knew how you treated others who did speak, and forebore. I had intended to speak, how ever, before I went away, and, if' possible. to get you a good place. But it is all done now. God bless and keep you." And now, looking back, Arthur Grave ly sees how near upon the fearful brink he stood. From his position of all wealth and honor and love, ho can see the dark pit from which he escaped, and ha sees hundreds upon hundreds sinking into it yearly. Ile helps the falling ones when he can, and finds unfailing satisfaction in the work. • pnding for the pillion. Extract from the Speech of Hon. Geo. H. Spang, of Bedford County, on the Bill Granting a Stay of . Execution for Two Years. Delivered in /1w House of Representatives, at Harrisburg, March 18th, 1876. We take the following extract from the speech of lion. G. H. Spang from the Lancaster Intelliyencer. The bill passed second reading by a decided majority : Now I heartily admire the motives and the spirit in which the amendment of' the gentleman from Mercer [Mr. Jackson] has been advocated, and I could wish that this house had it clearly in its power to say. that our citizens should not waive a stay of execution to the injury of them selves and the distress of their families; but as to pest indebtedness, there is a E ole um decision of the highest tribunal of the commonwealth that we have no such power. My friend from Mercer [Mr. Jackson] draws a distinction which in one respect is a very nice one—that, while we cannot make this law apply to past indebt edness which has been waived, we may say that where a note is made that leads to a debtor's ruin in the future, we will not enforce its collection, but treat the act as void. That, in my apprehension, is the position of the gentleman from Mercer.— Now, I would be willing (perhaps I am going too far ; if I am, others will correct me) to let the bill pass rather than not have it at all, and leave it to the judicial tribunals of the commonwealth to say whether we arc right or wrong—whether we may, as to future indebtedness, prevent the waiving of the stay of execution. I have one word in answer to the gen• tlemen's statement that this, which is a bill of relief, would be giving a stone in stead of bread. That language is too broad. Even without the amendment it will still be wholesome and valuable. Let us see to what class of cases it will apply. We would meet with the objection that we have stay laws already. In a judgment pending before an alderman or a justice, of less than $2O, the defendant would have a stay of three months. If over $2O and under $5O he would have six months, and for $lOO nine months. Now, mark you, if the twenty days during which he may enter his plea as a freeholder has passed, the judgment is ripe for prooen and the constable may b' at his door at once; but this bill applies in all cases of judgment before aldermen and justices of the peace, and says "hold on, you shall not issue your execution, we have given this man a period of rest, and we intend to stand by him at this time." Again : where a jndg ment is entered upon a judgment bond, there can be no stay of execution as the law now stands. That question was de cided in Stone vs. King, reported in 11th Casey, 270. It is there decided that "The defendant in a judgment entered on a war rant of attorney is not entitled to a stay of execution on entering bail thereof." The reason for it is that the act of assembly makes the stay law of 1836 apply only where the suit has been commenced by the service of a summons —by an "action at law." Then this bill helps us again not only in cases where suit is commenced, but also upon all judgments remaining unsatisfied, where the stay of execution has not been waived. I say there are many wholesome provisions in this bill Kir the relief of the people, although we may hesitate to adopt the amendment now proposed to be re considered. I join the gentleman from Mercer arid every man on this floor in heartily endors ing this bill. Last session it failed be cause of objections made at a late hour, yet it would have passed if it had not been so late at night. It is not "a farce."— The times are serious. I hold in my hand a Pittsburgh paper advertising 242 sheriff's sales; and this happens, I believe, for times a year. A friend from Pittsburgh assures me that there is one man out there who buys all the property, and his name is Plaintiff This bill is not a stone; it is bread: It does this :it embodies the same provisions which were practically embodied in the bankrupt law. Mr. Brown, of Eric : I would a4k the gentleman if in experience nine-tenths of the real estate sold is not sold on judg ments wherein stay of execution is waived by the debtors ? Mr. Spang : No, sir ; I cannot say that. Whilst that is, to some extent the case, it is not so where mortgages are given in the general form, at least in our county. In cases where suits are brought in actions of ejectment, and the payment of purchase money is sought to be enforced, there is no stay of execution. That is the case at least in our district, and I presume in the largest portion of the commonwealth, un less there is a special waiver. Not only that, but in all cases where a suit is insti tuted by writ and a judgment recovered. or where payment is sought to be enforced, we shall have the benefit of this law. We shall also have the benefit of it in all judg ments where there is no waiver, and which stand today on the record. Now. air, this will not be a useless law . It will be better fur the c..editor. It will not hurt him. It' my creditor, to whom I owe 620.000, demands the payment of my debt and levies on my property worth CO, 000 and sells it for $lO.OOO at a eush sale, he loses. I can give him security and do just what we propose to do by this bill— make his debt safe ; can say to him, you shall have your debt, your interest and a waiver of the WO law—you may sell the beds and pillows from tinder my wife and children, and you may have your 10 or 15 per cent. attorney fees in your note ; but we say to such creditor, you shall Dot strike down a citizen ; the commonwealth has an interest in that man's industry and in his life; we do not want to ti-ind his destitute and heart broken to an untimely grave, encumbered with a load of debts which he could never pay. We say to the creditor, bold your hand ; and to the debt or, stan'l up. you have done all you can, and you have your chance two years long er ; so that the working man may not he cast out of his workshop amid the n►errhant need not set idle behind his cA)unter. Mr. Wolfe, of Union : how will the merchant collect an; of his debts? Mr. Bpang : Merchants generally buy in the cities upon credit shorter than they give in the country, but when the city creditor comes to the tnerehatit who has been unable to collect by reason or this law. the debtor can say, "the law pro tects me; you shall not sweep away npy store and strike down my business and ruin my fatnily ; I will avail myself of the law and make you secure in every dollar that I owe you." And so the merchant is protec.ed in that way as well q..s others. Now, I have trespassed longer than I intended, but it is because I desire that the bill shall be fairly considered. No law has bets before the Legislature this winter which has been looked for with so much anxiety, The eyes of thousands of the worthiest people in this commonwealth, whose property is in peril, are turned im ploringly upon this House. They ask us to give them all the reliefwe can ; to grant them a breathing spell, in which they may recover strength to wrestle seecesefully with the financial difficulties that surround them; and I know that every gentleman on this flour will, in the kindness of his heart, be willing to do all that can be done through the medium of legislation to im part a sAver lining to the financial cloud that now casts its gloomy shadow over the good people of our beloved commonwealth. Our New York Letter. The B, Think Ftiturr—'loo,olXo Hnu —The Latoir Markrt—Dreit's ?Were —The Mmen's fientennial— T/ Nero Hampshire Election. NEW YORK, March, 22d, 1376. THE BIG BANK FAILURE. To the surprise of everybody, the Bank of the State of New York closed its doors en Tuesday. This was one of the oldest banks in the city, and was presumod to be the soundest, and the failure ercato.l a profound sensation on the street. Stocks went down frightfully, other banks shiv ered in anticipation of runs, and for a while it seemed probable that a panic would sweep over the street. But, f-rtn nately, the event passed without a wide spread trouble. This failure lets in afl wid of light on New York business and New York busi ness men. When this staid, solid old bank —this eminently respectable "financial in stitution," went under, and its affairs cause to be investigated, it was found that none of the directors, or, for that matter, any of the officers, knew anything about its man agement, that not one of them had ever looked into it, there had never been a reg ular meeting of the board, and that the whole management vmt left in the hands clone man, the Vice President. Patrick As a matter of course Mr. Patrick hail lent himself $200.000 on $600,000 of its stock, which stock was worth about fi.ur cents a pound, and equally as a neuter of course every shy-ter concern in New York in which Mr. Patrick was interested, or felt friendly toward. had its money ow just as worthless security. The directors were all surprised when the failure was made known to them. The effect of the failure will be be l in one sense and good in soother. It will be bad becansa it will unsettle confidence. and make distrust. It will be good because it will compel directors to look Mtn the management, and see what is being done with the money with which they are en trusted. All the banks, with a few excep tions, are in a tight place. Their meuri ties are unsound. Real estate was their favorite security, and on real estate loans have been made quite up to its value. But, alas, real estate has shrunk in value over a half since these loans were made, and when the banks come to a foreclose only a ball' can be realized. Business men dread to have the condition of the banks looked into, fur fear that they will ali be found to be rotten, which would result in such a smash up as this city never saw. A $lOO,OOO HOCSI. Do you remember the failure of the "eminent" banking house of Duncan. Sher man & Co. ? Of course you do; and you remember also that they didn't pay scarce ly anything on the dollar, and that their creditors were featfully indignant It is comfortable to take up a Newport paper and read that Mr. Watt Sherman, one of the partners, is building a cottage in that "city by the sea," the cost of which is on ly $lOO,OOO ! and this for a summer resi dence only. Failing is not a very bad bus iness, after all. If a ruined man eau of ford a $100,006 house, what ought one to have who sticks to his ler, equate business, and goes on. regularly ? The Viee Presi dent of the big bank failure of Tuesday will probably build himself a cottage neat year. TITS LABOR MART Is in a fearful condition. One publish ing house has discharged thirty clerks since Jan. Ist, everyone of whom are now out of employment, and will be till trade revives. '1 he great metal house el . Phelps, Dodge S Co., notified their employees that they should be compelled to dismiss one half of them, whereupon the men held a meeting and resolved to work for one-half wages, provided the whole force should be kept on. To this the horse consented, and the men are doing the best they ran until something turns up. One manufac turer in the city who never, till last year, employed less than 1200 men. has Inn 400 at this time. Ile discharged 600 last week. These are but sample eases. The whole industry of the city is paralyzed. and dis tress is not only wide-spread but universal. Those who have work, are doing it for the barest and closest possible subeistenee. and they are exceedingly fortunate. Where one has work, ten have none at all, and what they are living on, Heaven only knows. I can hire ten thousand women to-morrow for $5 a week, wnamen eltilin4 en the Inbar they 40, and :nen ran be ba4 in drove• bir a dollar 2 week 'herr. When well the good timer come ' oftsw's PAMCSIL The failnrc of Daniel Drew, one* 'be king of Wall street, powlseed no stosentien. for the old fellow nearly failed a yens alp HA ha+ heen nnifornily iinfortoviste 'tome years. and -di.• boy." se wait 114iit to term the yonnger miember.of the brawl. hese witteesed him emnereifially. .assn finally they got him down. and e.veryboilly is g6d of it. In his 4sy. when be beill power. he 41kiir..•11 no toserey. 0 4 never asked or gave it. and a ,, st that bit tseessies have him. they mete rent to bins bin eve medicine. Drew'. career mesa armee Yoe Ile entrimeneed fifes/ a driseev. and 11111146401 meerenn'ated tome little money. *wee lee wall street. .%a he wan wally mintenin, Inec, eery told and daring in his ervatimme, and very shrewd so wed, be asesirpd as immense t%oise• At one time be Ow worth not lee. than Sheers renew. maim was nevi'? rooted it le., than tee. was probably the most ignearant ewe that ever did Irvine.. Hie iesiernees of the Engliish larajtaze wan MON of she shomelmst jokes on the wreet. *owl • Dime* lair wins as e:ininion as lying Ile epriesbiel broker one mornirez with the resort. ••Doit's y. 51t l'ieeve 'het the iihrinameer Nonwestern hes shoot eeleiveitios , / r •‘Calitmniated" ws. Is rood * wawa five him an "enfinitruted " He le a heel yr" (row of religion. and *flee $ pertiesierly villiannen yperation is eoefieweisid 1 retiginen *Anat. of s dierstb, with se row+ unction se themeli be heti hew iss dead earne.t. He Wilt soil eisslarre4 .iminary is New Jenny. sea his heasefer toms were wide spread. Is it said 4 him that he WV applied to to vv. einsigio endows whom at a time velem he finis rah err prior. I wanted to do it," said Prow. "brit I didn't see ter way eleur. os I rnr el over it. and srmirsie•l ie.& and II god ow an.er right away. i ris from sty benne. and went down me the 'tr.'s. and shinned the boys not nv vt. jr of z ems 10 the schedule of his effects. he taitee cress pesos to include Bibles and hymn boob.. SI:A.' Thee lo.s of thowe books mess prey de die old man. mind : A. is Maid time by imp something in the retixhilierheeil 4 See ▪ eafely pet away in the wane* of dig family. it is set prebsiiie tliat he will suffer in his old age. He wawa great eel titer of Jim hub. and s greet deal 94 business with him *his Veit was on tha street. TUE WORtfS crelltlryt tL. After the ....l profteliaary artiabbfisag, the ladies of New York have roe in limb is good earnest, resolved to have a shall worth the name at the exhibillies. The women representing the oblate foteilioe is the State. bearing honored ammo of the re vol apt ion the Sete airier', Livisgenes. and Tan Reneselaers have anima a SIC richly embroidered with the mini of the State, which will he him in hallependeste Hall after the eshibitine. as a trophy feel the next Centennial. 'Thie was thievish. a small matter to exhales the esemerece 4 the women of the City. and they ere is raise $15,001t. to eueopiete a polishes. where their different weeks of net asil may be shown, and, as 5..4, the best way of raisiag the sassy is by gieisg misc. tai nowneta. Thiess ie h sing at a grind concert to help beikl the peennee. and the Amritsar, of the trity are warble" every other sight in theatricals few the wee folk yomog ladies and academes of the beat families appearing at the faces Lamm Club Theatre before crewed boom nee of the city jades and hie donshece played together one night. the jar, is le amid. appearing with the spirit gad grime el I young min of twesty-tire. by the side 4' hie datrzliter of eighteen. Tlis gal* formaaer realised WM foe the fest The derision of Mrs (Mavis .who le the band of the Women s Commienoto in PloiliviA ph . refining with aseeeseirry eartsess. to admit all sperimene 4 woeseers ~ft re lacing to drew. raised sot* erinstism tins , it has bees firma espedient to smity she rule. A strict isterpowesties of ass wowed exclude all moth valeta& anus ae lees mei ing. which bas attained • very sediesele stage is this eoestry. tredereelhey and ilhe sign in dress is which env moms sla show much now* evedisehle hossiweirb Ass anything they have yet ohms is rissim, let alone sealpriere. Tbe series 4 die committee at Philadelphia saris blind a. difference to the high solemn is tellielh I needlework in held is Iteigismil *ben specimens of 6eir,, embeoithwy. and 611111 form one of the meet attn./eve and gnat depertasests of the Manor as Saw *toe. of which Peeresses use the nese ested petrol,. and essistritteows. moil is which the Primness Loose hesself is as enthanisecie wanner. Is say way oldish ine, the Philadelphia Wigs hove deeesleir sex as injery by main* to pay perm respect to their peeshise area. and se els voting them hose the level of mar and drudgery. A very arias asi isereese. ieg department at she ezbibitiee wield be specimens of Gym seeillewort Nees their of the revolution dews. The ewes* 4 the esobasittee WM* to Alma verb rbiege would bring dews es them all the diem makers and minions is, the smostep.) is as unreassealde as to exam& all serhim cry becalms the whole pewee vies erimiet be offered. It was theses to elioseas what to exhibit. This is a sesecies which .aegis to interest every weenie is the erusery who wants to as proper Weser et shows to all brasehes of omonos':= sad work. to sewing and 4ritseenikieg se well SO asking peer clay figures and pier ores oat of drawing. TIM 111tW nAMPOMUIt narrimt. You east imagist the wild dertight via which the sears Otte Orissa triumph is New flampshire we. rweeie.l by the law pnblieaaa or New Tort. If there it soy one thing that the New Tort Sepikliar dresdn, se a bewinere now, mad odd* awn any pokiest feeling. it it et some of rhea denwersty to pew. for is memo s. bine the old Tweed ride. winch is wither omit f'r rein. The "entireness ad she emits of thin eity wee well re by s i prominent hopiera. sae at tb• Cti s' Levine dab -The eiettins sod the eis ' tory," said he. "i• ant as eednemonst a( Heikenp mid the theime—is it a want that the Repablime party s MS mpg& ble Apr the nem era few miner see.' Atwi %rib isr of this ebassiis. is i Sew alit how it seers See st.a isispoodesss The Tribesee boo essakesed to she feet Awl the lierslorsess poesy is she .sly see shot ever did as; isvessbossies Salem tosis, and the *sly use dos ever posiehsil id own thieves. Is roily seemed Is feel wed over the Repsikes arioorph is doe Gem ite State. esti rood sere me it seed so be , fore Movies Oreely west is Ass it has for years. 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