The Argus and radical. (Beaver, Pa.) 1873-1903, October 15, 1873, Image 1

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    .. , . _ \ 1 /m 5,....
• _
. . ...
..1, I . •
,'.., . . • .
~•.11 . , , . .
• .
-87 e. I '7 ' a aar)t 00 7/(1 ,PSZN .4,• 1 L. 1(111.111:.ti, I •-- i .11 ,r.
I HT
..,,, i., 't o -.. t.'.. •
.'t- . . • ,
_ . ‘t , _ . .
_ _
r. I* - 4.-M 12 1 612
. 1111 , 1 k2..... .. ''• ''-'-' . . ..... ...._ .. _ 77 ._ i., - . _ _ .... . . .__ .
...1-r, ,
.., . .-
. .. .
.Z.trri::TVt. ' . # ” 4 IEP ?nit -- •.
.....,„...,,, .i
--...:::,...,..,-1 , ,.. .ptnsttprrtiTe , .--------,-; • r . tI r ,, wled pi..5e1t. 4 .; , r.: .",!.',.' .' ' ' . Z - . AI; 71 .1:: ~, f.•:•:," ;. •'.' r - , T, -.. '''' -' ~."' 1 -I- A.,' ' • . lr r - I;* 4.lll3q..fPP'Zlliii
A L_____ .4...
~.. .__. .
_... .. '" - i.',',;1'7 ,- . ...i 7 ~-: .7. - -• ` 4 ;;;;tY'f•? !- : i.. 4. .. , ..1 ...,. • . :1i • -
+ 'i 1:4: ;.. 1 i. , .-:.4 1 S ! .1:4; ' •
. .
.4 - r,- '' -: ';' • • -...-."- .:-...) L. : ,:.,... . . . .
- . :,•=-. :rf 7..e.7.' . 4 : . t . "' 4 7: : : ‘;'7,., 7;•••!" . . C i ' L 1.% '',.•' .f .f 2: - ,
• . • '• - . - 1 ' : .1 z : . -:i .;
If - L:Eli . I _ , i. : ..
J ,•-:,--
..„4 --
....;:- , ~,:r- r : '''.i ,, ( -,:r - r;;.,f:r .. : •'l , ' 1• 1
. 7' ... ..':_l.
,f
, i :. zoi r it . .
...,.. -.)',
, --‘.---- • 'I ~r .1, - ;t - . . -- 1 ~....,- , ; f.,
• , -,, 4.4 .
:,' 'l7 : v," --, . ~... • , c 7115,.
4Ci: ' • , . !
!'••• • • ..- --7 - ,' C . , '!i.. ,-.• --',..-.
• e., . ~..;
, ~.14.•
-...1 b - 1 V.') se:f it - - -=•• 1. , -..--..c:;1 . Ail - , )Y. / *,`-'' .6 :., " .....- ~ , ,i • s 41
..- ". s - • :TA
„., .. , /....,:....,.._. ;• 4 4 I; I ,: \ , ::410m...F.,PrtV t-,.. ' '
; 1 ,
1, , t: .... 4 1 f "k . ...! ‘. 1 ; ',.,
.F 1
° ....
--4.--71..."
!el 1 ';,.t:t; ; 1•, - ,3 t'71 . ,i1 ef..! , ,l•c y .t .115:1; t-..
--...i.-,-,DULgn ' - • '.:...-...: 0:I.,. ''' -.4:- :- .:: 7 ' *' f•
it
~. ,•• „ - ,---- .....- ... 4-
---er- . ,t 4 , i ,
,t tr..P 1 - ' 7.l '
IP ~.,,„ ....:7,..,...,, : .........,... ill ~..,.„; .q- t ~
:- •'. -1 ; .• •
..„,- : -
........... , (
i , . ;. ' .._
~. . 11 ..1, • . ....,
' - : lir — -.- r"-
' .4 , -t...\--.7. , , --,..;.. ,-- , t... ' 8.!.41 . 1 if , ,,,q;i7 !fr.' ')Ve -- • goi' l le t r. - d t•• -•: ..:, iz •..- ~., , i.,
I . %.
.—:..--: -.- - v• - te . .• ~ 1 .7.. "----- ,•.1 ‘ ,.g.., x7 ... - j..Cr" : , : ,` A ; .;•,..;; t.•
. : J.. t .... , _ ";-".."' ... .. " 411> > . ', ,...._, . -:'.---:-.---.' . ...r. ; __ 2:* .... -4 * Mid' *.... 1fi i` 1 :' 1. 41 t ; 1 4 ` ' 1 1 14 ' ' Vreff e!ti ;, , t , :v7 ..- -. .l'' -• ; ' t.- 1 :;'• "•• 1 ::: - i '.. , .-t: ;..7' i, - .0 . 1;: !.;. ;1..i.•;?0i : . tl;
s , ,
\---..._.....----• . . c_. ;
'am o ,-;,_:! , '..cln :;;;Is; , -... e ' 1 • ~
. r i t ,r it: ;',i •:;!.:' ;'.f." -. .;-iPP Lt.t; ,. t . .17(.0/, , . 4.! .... .x.ll/. ~ . .f, - ...7, ( :. ':---..-* ...-:„-.,_:•, . ~ . 17; ; ,„:,.„.:,,..
,-, j ,._,..,- - 1 . 4. ..,d, i . ,N :xl .
.
-4..; , •
0' ,
- . .. .. .. - ..... -_ . ' f;, , ,:ilefa :,.,:pi . -•'.,.) 1.;: - D1 , _: 1 . :it .1c .. 1 . ; - .1-.1 . .: •,:: :. ,-,;:-,.,....&.:: ~ -tL.1.. , ..,-• ;:. ,
~,,.,,,....,...:„;,.
ii ., ,J , e ,, j , 11 4!
--,
- ---Irg... •••••••• -'- ' '.... ....tr. '
t '',7 r . ''.
'' . "7; ''' i/ ; 2 7 ~- --- C ! •f, Y . i,t. ,j•• ' . •1: .„
la ._: T 7, ‘..'.' t.... i El. 1..: ic ..i .- - .., -- - ..- -. L..• --41 Z ....
t•• : -7. r. - 1— ' •.4,...-...;"`,0 LC_ . 1- ' '....." 4.• ! Ilb - ....,. - 1 , - ; a ' ::-.,:',., . 4 1.";C''Z' li ar.' !:. - - . ...:',..'e' " . .,,5:1 t ....c . 71a 0 . t ..08.[Lif. r .....f.f.in.;; i , ;:i ,!--.,.,..., ..,,,,,.• • - . 1 . ,.W. • '-'' .• -, ''..=;r t - J-: •-, ~ ii.• 4 :1 .. , !.. „, i .1.
..i„-/ : :,,
--------
''...T.r
-----
lit 3 TWO 44;;0‘XC,1 , -
,•,....);•:::
7
.;...i .. (ES P '
IS
•
I t
ti
1 , 4 1'
tie,
lie
fri .
t..-t., ) ,
\it
• -
i
, 'fie
~.,.„,
Abk
. vost
. '
trit
ttiit:lfl.“. • • • -
.: 14 w. „ i , - 'll. , .tref ) : ,' : '0:14 ,
... k
t
1
t
f
) .
1
)
,
. -
r
....
t
r
t
1
, .
,
Y
- -f.
1-
ti
1
, .
ve
be
by 1
of
ay i
in- i
. ~,
&if
. /
ARGUS : ESTA FILISHED 1818. ;-
vt)LUMb I.
pITTSBURGH,yT. WAYNE AND
Cill,:AtiO ItAfLWAY.---On and after June
tralue will leave stations asfollows:
:ti s g GOING WEST.
ME
z;tl - .o s ;g
*****
h klie?ter ~. • • •
~.,L9Li~
M
Ar
:.e. SDI
F( WLIY
l". ~.11
BM
IE=IMI
Iti'.~~ ~.e .... {
1,, :A
El
D ji
„f. t . :
H
Gener
ILEVELAND &..TITTSBURGH. 11. R.
ou 311,1 titer Jane 23. 1873, trains will leavt
(Suriclays excepted) astoliows;
GOING SbUTII—MAIN LING.
T ,%T.'oNS
(• Ind
, -oD
Puiel , D 4
. 1
F'.~l;>riile.
(ODIC
.'tT!ON
P --burgh
ME
ME
l'l.tt 1,'13
I/, I, ).1
.eveiztmo..
(iUlNti VAST-RIVE.II
..TATIONS
E , 'Li.r
c, •
churl
.
f)enville
Ea
?
•GOING
sTATIOIi S.
14t . f,bragh..
koc.`atter.
• • • r
• ,
TUSCARAWAS BRANCH
Lo:lves Arrives
Ph:la.f; 40am & I.oopin Bayard, 9.45 am & 4 OOpm
i%a-t1.12.10 5.00 p. tn: IN. Phila. 8.00 aT.3O p m
F. R. MYERS.
General Passenger and Ticket Agent.
pE N VI:VANIA it 11.
N.r 22d, 1372, Trains will amve
t.;,•lrt as follows:
1%. % , TWARD. WESTWARD.
Trains Leave.Thronet Trains Arrive
ion Depot:Union Depot.
fir EX I)*,, 2::A am I . Mail Train, 1:05 a m
: rain. 7:1,5 a in _Fast Line, 1:35 a in
Pittsburgh Ex. 8.00 a m
, Cincinnati Ex. 8:40 ata
'Southern Ex. 12:40 p m
Pacific Expr's, 1:10 p m
, Way Passenger, 9:50 p m
.0:4()s m, LOCAL.
WalIS No 1 6:30 a m
- 05 a m Brinton Ac.Nol, ;::;0 n m
10:20 a m Wilkinshurg Ac
11:45 a m Not 8:20 a m
Walls No 2. 9:10 a m
2:40 p m .lohnstown AC. 10.10 ain
:;.: - ;1)p m Wnllt, No 3, 1:45 p m
Ajl Ac. 4:OJ p.m Walls No 4 3:20 p m
Accom- Ac
v ' n Nu 1, 450 p m Not .4.45 p m
r Not 5:40 p m Walls Ac. No. 5 5:55 p m
•No 5. 6:15 pm Britton No 2, 6:50 pm
f.! Ac No 3 pin Brinton Ac. No 3 7:25 p
N 0.6 11:05p m,Brinton Ac No 4 11:10p M
Express, Cincinnati Express, Fast Line
Lriti:on Ac. No. 3 leave daily.
Express daily, except Monday.
he r trains daily. except Sunday.
' . .,c1:1c, Express leaves Pittsburgh at 2:50 a ID at-
_) , Ex 12 p m
)hLi..iti Ex. 1:10 p m
p'a Ex. 5:20 p m
8:50 p m
MO
- • ;r
\ •.!
\u J
- ;tl :
CIE
' Tt: at Hai rlrburg at 11:40 am; Philadelphia 3:3 0
BaltimoriN3:oo p m; Washington 5:40 pm.
4 Turk 6:34 p m.
ts - a1:0 Express leaves Pittsburgh — at 12.23 p m;
• Harrisburg 10.20 p m; Ph,i lade Iphia 2.30 a m;
York 6.10 h tn.
rcinnati Express leaves Pittsburgh at 1:10 p
rr ut Harrisburg, 10:45 pp m; Philadelphia 2:50
Baltimore 2:13 a in; Washington 5:00 s in, New
i"~rauam.
Pa 'ladtiphiEt Express leaves Pittsburgh at 5:20 p
rnv-ea at Harrisburg 2:55 a in; Philadelphia 6:55
New York 10:14 a in.
Flo Line leaves Pittsburgh at 8:50 - pm: arrives at
•
' ;- irr. 5:45 a in: Philadelphia 9:50 am;
Balti
.tl>,)a in; Washington 11:30 a in; New York
m•
s .• : ' - t church Trains leave Wall's Station every
at 9:10s m,reaching Pittsburgh at 10:00 a m.
nILL! leave Pittsburgh at 1.341 p in, and arrive
station at 1:30_ p m. Leave Pittsburgh
= ta arrive Brinton's 10:30_p In.
TicKET OFFICE—For the convenience
cltizens of Pittsburgh the Pennsylvania
company have opened a city ticket office
Filth avenue corner of Smithfield street,
-r O ll4l Tickets. Commutation Tickets
Tickets to principal stations can be -pur
--1 KIK; hour of the day or evening at the
rste, 8 are charged at the depot.
== t= will be checked through to destination
and re . Adences by Excelsior Baggage
• co on orders lett at the office.
21:7ther information apply to
A. ATT. D. lii. BO YD.r...
; , •neral Manager. Gen. Pass. Agent.
LLEGH EN 'V VA.LLE s Y RAILROAD
1/“-- tlth. 1873. Three
Tramp daily. e xce ptx Sunday. will -leave
!my , . at Dittshurgh. city tittle."loT Franklin.
'I). Buffalo and all points in the 011 Reg!One,
vt e.z.tern and Central New York.
Leave . Arrive
tr.1.,1 Ex reiva 7.307‘ m 8.25 p m
I
. P
r*" rPret!... . (1.30 pm 6.06 a M
te r lialtoa Ae 11.50 a m 5.45 am
- 6.40 a ra 6.30 a m
i: , s , (.Ais Worka Ac 9.45 a m 8.20 a m
„ ' , Y ti Bend Ac 3.20 pra , 10.10 a m
,:$ tillton Ac 440 pm 2.05aM
:' \ "( 1 4 Work ! , A r &on p in' 9.15 p m
4'. ilt.lton Ac 10.50 psa 10 -4 5 P l l
......',.,"rwctil smuts,' train loaves Pittabnrat every
k''"ußY at 7.30 a m, arriving at Parker at 12.18 a ta.
L'', t111 41 , 4 leave* Parker at 4.40 p m, aud arrives et
' r:,•burzti at 8 "..M p m.
~..i " ..,?ttta traits toad bowl Reicia Work.* (SundaY)
it ;0 . at Pittabargb at 14.1A1 a m, and leaves et
P in.
J. J. LAWRIP46II. %Wt. 810.
LLB RAY, Ticket Agent.
Anitroado.
=lll=3=2l
1.45 k B.oomil 9.10401
2.30 j 7.28 110.23
5.10 ;10.40 112.50 pm
6.31 ; 1..00111 3.01
8.53 3.18 5.09
9.20 4.00 5.40
4.40 5.53,LN 6.00
11.05 7.35 7.t5
12,08 psi 9.00, • ;
.2u 11,50 ttt.at, ,
4.41 AbP4ll4 155 AN
750 , 6.36 # ti. 56
NS GOING EAST.
MAIL ESPWS. tunes.
5.30 Pm.
5.55
11.15
1.14 ms
"2.27.'-`
4.e5
4.15
4:43
6,37'
8.05
10.40
11.45 AN:
3.:5Am
0.1:". '.2.02rx
12.01r31 2.00
2.45 i 4.07
-51•11.1 '
1,, 4,004'31
9.16 9.20
111.00 10.55
4.00 :
R. ,111111 S;
Ticket Agent:
pasetenzer and
Exra's. NAIL. Exra's.! ACCON
•
9.41 5.02
• - !'l4;.tes ":
14AI- i 6.41
130* B.oo'
3.40 110.30
- ORTII-MAIN LINE.
EXPlea: NAIL. 11.7,2.1e8.1 ACCON.
6.305 x 1.15Px
.3.4•1 3.10
10.271 4.30
11.00 4.55
12.09rx 5.58
, ' 12.41 , 6.9:2
1.55 7.30
ArCOlll. NAIL. .133. F R'B. ACCON
5.45 Am ,10.50 Ax s.4oria
5.55 11.00 5.50
t;.57 12:97 PIC 6.50
3.0,1 1105 7 . 53
9.:3'J 2.35 , 9.25
10 40 3.40 10,30
DIVISION.
sccox ! MAIL, `=rit's.
6.30A1[ L.lsrx
7.40, 1520
8.40 t.lO
9.50 4.:10
11.00 5.25
11.10 5.40
r l - ,
;(r.:";
t re 2;7.."
• ,t
-ght xemerrfitto Au% Nildicar',.
_ d,
OE
TtailizAttatiAlterit AND Bantu& isisibllebee
every li(iiiiietidas morning, it the following rates
Oxs Tatip!., (payable in advance,) $2,00
Six 1119egii, r " dir t r . IPA
Taxa :*1 UAL) 1.,4,
..t
..
...................
SINGLI COPIED 06
EX-Ps'B
Papers itlilitoiiira
tion of their terms of subscription , at the option of
the publ nfi
publisher. unless otheTe agreed upon. °
Profeissional or Bißinrsitiaml. exceeding 10
lines of this type, PM per annex°.
AdvertisementfflyalgOn4titip; turiffer or year
received, awd liberal deductions nude in proporiion
`to length of iurfritttilis*fit a 4; giitti t 44lf4ime of
insertion. •
I.3oPaf
2.33
5.08
7.06
9.11
9.4')
9.54;
11.10 •
12.17A*
.2,35 - 5.C5 •
B,.•birps
AdvertiiseOblinteiir4diffiii 4 grlgeklinOtpr one
rtioft, an 4; wit per line,fos,Th additional
All adyerVsenprpar.whicite r oftminyeblwir .
m*wrareticrirnehrit 4 k , tyr•et—-
EXPI3 11.
9.2.0PN
1.10.tx
4 00
6.40
8.10
10.10
11.10
I.oop3fi
2 - 25
4•M
SpeciaANpticialti,lfteritrupngicical Opigs 4110
cents per line for each insertion. unless otherwise
agreed upott by the ,itipiqi, ; 4lfiaatter year:r
Ad vefrisements es or [is ss, IV!) cittiterntoie
Insertion, audA•Cuukiler An* ibreatit an maul
insertion.
•ggt Marriage or Dnatits **l - LIDO nCi
r r ed free
ntlinl
O(charge. Ohilu j arY n s ol tee is charged its advertlse.
ments, and payalrie—teradvafiei; e
Local news and mukters of general interest com
municated by ahy cOrriispotgleal.;*witk feat.
disclosed
dis Closed to the publisher. will be thankfully re
ceived. Local news solicited' from ever" part or
the county. -
Erublicat ion Officill:Witts QVAT Bynum,
Corner Diamond.
All communications aill,busineWiskkters should
be addressed to THE BEAVARTRINTPk.Z43QOM
, - r —kt ,
PANY;lfeitvr.`lV‘ l •
4.115 PA
5.:.3
.5.50
6.40•
Correlapondence of AryikeillidßMlCSl.
WASHINGTON, iiil.:o4"-,X.YOXII, 18;3.
A. good deal basStnfilltiipr , o and eon
concerning our present eke:talking medi
um, and it must niiii , be iiditiitted that,
whatever' may be its'iirtnes, , it, is not a
safeguard against the evil effects
,of pan
ics. As much may he said, however, of
any other speCiee of money;even of'lo.d
and silver, -though the probability or a,
panic during a .thus. vrhen soh!. ehchlid :
form the circulitleg medium:levlesi:Ain.
in a case like the : . present : _whereamti'44*
d ee tyab*tia*:eniTencj.*ktijitt*;to*4
LIM of e*tatiii4 - z , : - ,.4 . 3*-41.,;,:,
greenbacks, at any rate with our ,laws . 4 tit
they stand at present; for the very 00 7 _
ous :reason
. tbat Its volume may be, lia.;.
creased by importations . front . *bread,
which is not the case with.TreasurknoteB
or rl*lnal bank - notes. Ai ,everybody
knows wcll enough, that which occurs in
the time of- a. panic is that the . people
withdraw the .money front . circulation
and hoard it up. This cannot' occur in :
all panics, but ofily in those where the*
people have more confidence in the•money
than in private banking institutions. It
is just what occurs when Treasury notes
or national bank notes, for the , redimp
Lion of which the government is pledged,
comprises the circulation. Were the
money to consist of the "promises to pay"
of private banks the people would and
conk' have no confidence in it when such
institutions are tottering and falling on
every hand. This last was t e case in 1837,
in 1847 and in 1857. Th oney of those
times was notes of auks organized
under State laws, and as the banks went
down the money in the pockets of the
peoplebecime worthless. This is not the
case to-day. We are now witnesses of
the fact that our - Treasury notes - and na
tional hank notes are more relied upon
than any other species of property.
.It is
an extraordinary spectacle, this thing of
the people hoarding away an irredeema•
ble paper currency in times when there is
general distillate veil where, and it is the
best evidence in the world of the high
credit enjoyed by the government. The
people in spite of themselves have learned
to regard the government- as safer than
any other institution and „in time of
danger immediately look to 'lt for succor.
7.9.5 A it
8.15
9.05
10.9-1
ACCOI•
4.f.opx
6.05
7.15
5.:;9
9.45
10.00
During the height of the excitement
two or three weeks ago everybody was
clamoring for a special i 8911603 of green
backs from the Treasury, and in answer
to this almost universal demand twelve
million dollars in buds were purchased,
thus liberating about fourteen millions of
currency that was being kept locked in
the nults of the Treasury. This policy
has been very generally approved, and it
seems to be very generally conceded that
the result of this expansion of the volume
of the currency, though slight, was to re•
store cr'nfidence. Had it, been published
throughout the country that this currency
would continue to be poured out until
the panic ceased the effect would have
been instantaneous. It 'would have been
saying to (he people: hoard as you will,
the amount withdrawn from circulation
will be replaced by other curtecy from,.
the Treasury and the email !unlimited, :
and the effect'wotild bate toe 4 ;n to stop
the hoardincitilmedisiely.Mnwkiltesev - ,
er andertike dribs a: take bjr,4sl-
•
I nexhattaftb *:*
.14.
Bay ,hos pike o 4l s ,_
eVit
tifs rSM k -44 r
• . %."- wa 7.
Fh .lavxnErs- wicp - bricstut.zin.-
- •• • - -
MEI
'it
s
, -
. .-.',.!_ . _ •
- -.
, .. , .......r7 .. ".. , ..: . --cl . .
11 ,
. .74),.. rirrniot v Inc Tc•ilimr . '
~B r i t. _ .iipii"7:• ,, ,:fwEDNEspA, iti w?•1-1 ,,, w).N4J.10- , :w.,,•
~., , - :..#7..•••' - •;. - :: . BEANT
_ i _
9 ..•41)
1_094( VAWElTArstavs.,‘
ME
GEE
inexhaustible source. The stream~ tas
Soon drvelitt-theeesithit na Abet ifetthtaltt
66 94104 t° 4 111 w,,&: MINI/ i lephteti
that which was being awallowedn'uw ih,'-
,forty million liockOlts: , `
But this view c4he caws is Incomiletb.
We have not co naidittid the hereafter
Suppose 'there fled *Ai ettiscintiter
ized to issue currency to take the place'
of that which being .hoarde4._..The f
panic fis"ottlehav' &been arrested sobner'ot '
later. But then the difficulty woulzi be
to rettirtlie - putAlto!Rilk:t lied been sec ;
to meet' - the emergency. There is no
principle of . poiltkat'elnnomy more, fa
miliar than that the value of a commodity
is in the inverse proportiian itsi-abund
nce and that as you increase its quantity
you, ,diminish its value , that ip, if the
poptilati6li and Its wants remain constant. 1
In so , far as the volume of .our 1 currency
has; been, increased Just so , fitt-ihas Abe :,
value of each dollar been diminished, and s
as soon ne r the,present.emexiepcy.
; bas
been paikklA tv belh - e'biisineisa the I
Treasury to , retire the
,etmfu/nut” tR,
cireii)ation in...eriterbring- its •IPalue
iack to what it was before it was increas-
Tr5:37 , 74-. , 1t
There can no longer, be any doubt of
the feet that ( the ltkkiea ' qce ,brig
The hardest of the battle has been fought.
The wimuds. , haveittemmalty and.deeto,
!, - but they will, we...may expect, soon heal
St is hardly time:yet ho ma , ke'a ittite*nt.
tbeleinite. Would that. we could be
assured it was thelast battle. We would
like to know that such scenes are not to
be witnessed again.
The position of the _government
these trying times has been pretty well
indicated by lettere written -by President I
Grant and -`Seeretary- Richardson. n Lest
Sunday the President himself addressed a
letter to two of the merchants of New I
York, in which he expressed the willing
ness of the governthent . to do .all in its I
power to assist the business' of the coon
*ly and relieve it .from embarrassment.
n)le stated that the first'thing needed wfis - 1-
nfidence on the part ot the .people, but I
: Admitted that the government could do 1
but little to restore that feeling without
the earnest co-operation of the banks.
'Be therefore recommended that these in
ititutions should adopt a generous system
of discounts, and promised that should 1
Inch a course be pursued the forty-four I
millions reserve should be considered as
cash in the Treasury to meet the demands
of the public necessity.
The first letter by Secretary Richardson
was written last Tuesday and was' hi an
swer to a proposition contained in resolu
tions adopted by the New York Produce
Eichange that the government should ad- ,
vance currency to the banks upon evidence
that gold had been placed on deposit, in
the Bank of England. This he declined
to do for the reason that be found no
authority of law for such a proceeding.
The second letter by the Secretary of
the Treasury was written yesterday and
addressed to Samuel Y. Tupper, president
of the chamber of commerce, Charleston,
8. C., in answer to a memorial addressed
to President Grant requesting that the
sum of five hundred thousand dollars be
placed on deposit with the. Assistant
Treasury at Charleston to be used in the
purchase' of exchange in New York.
This request he is also obliged to refuse
on the grounds"of lack of authority in
law, and that to do this he would necessi
tate the same policy in the case of other
cities, and this would place the depart
ment in the position of an exchange
, broker.
The public debt statement for Septem
ber shows the amount of the national in
debtedness to be, less cash in the Treas- - 1
ury, $2,138,793,898.17. Of this, $1,235,-1
000,200 bears interest at the rate of six
er cent, per annum, and $483,567,300 at
five per cent.—total bearing interest in
lawful money $1,723,567,500. The amount
at four per cent. is $687,000, and at three
per cent. $14,000,000. The amount of
the debt upon which interest has ceased
maturity is $15,756,130.26. The debt
bearing no interest is as follows: Old
demand notes and legal-tender notes
$356,0'79,752.50 ; certificates of deposit,
$11,250,000; fractional currency, $46,-
229,391.53 ; coin certificates, $33,935,400 ;
total, $447,484,534.63. The amount of
interest due on the debt is found to be
$32,083,553.46. and the total debt, princi
pal and interest, 42,233,579,687.75. The
?cash in the Treasury Is as follows: coin,
$80,246,757.75; currency, $3,289,032.04 ;
Special deposits for redemption of certifi
cates of deposit, $11,250,000; total, $94,-
786,789.58. The reduction of the debt
during the month of September was
.41,901.467.16; since March • let, $18,586,-
102 36.
Postmaster General Creswell,
_in hie
forthcoming annual rsporl. `Will / renep
.his rencsionumditko'of lin...fence ago foe
V
=I
ENE
EMI
the estabilska; ent of
saiibge
r i e4e dt,4o 4ll tiriii
baniii t hk - -Pnat en t ry
officetliti.44l4"fie
Withal MIA
,Ert _
i tie les. ;l 4
tit:: „rfAt.',, - 11 "iiti
rate
sedif ni#e346rati
yst
. irtiettet!es , thui;the
estatlishinWihisie fi'isriks In this cone-
try c , lll telternAnd ignii3sucetisi to .
tihnie tuiviiegerktqa ttqAgtOitit reset`'
Brittain, advirding ti; the hiitre
poit'of tfielfrlPOY P.)srol.l4"iliapatt?
I.kr
molt tunic Thar eighty iLinfori-6)fao tirq
held for depositors, upon which ; only, two
per eint.iiiitielf is ' •
mri4tr..,l
• L : _ ~
1 ' Sketch Written by Judge InfOmpross;
In our:uinetill:eii4i i . v•oati furnish
!t. , _ - ...,..
you tile-Pitgia P,4o,_4!lfitliie:ooo:!r*Pd
tear) of Capiar i1,:. : 2; ! .,,41107,a15s ti.riv-,
er W b M' 1 :,.., ::) .:3 ! ;' ) _?_ 4 4' 4 'i i k .7 i T his
rut qatill%4l4, iiriginatil4;krepai'S at, tla-,
'lnstAPCeAt %WO 4404/ielfer4v° .
lug' l NlßOtitA t . Y'.xuaßTlrT ^C.
4111 1 P.S I VO! YPilfr4WiTAt .•Fea4lB
-- - 2' f e`AKIITA!‘IOIP'i- from.
cii i k4 l Aii 7"
of 09, p:lntsn.ptins ti.)9 1 1-
taln all the: „cscwittiviß :MY ' Mrf i k-` II td
- 4)
Mi 44 "Pr* s* 14 1 4 - C4 ,. /) °IP subject.,
The,
_only a :olliitio,*tary ,evidefice .I have
:been able:39ficurtis, So c und 4 la -a small
work wit'
j rrliatorical
. Reminiecences
$3 3,
o ce
of SUMO n nty, bitOen. L. Y. Pierce,'
ttioc
of Akron tl A,which was, se nt to me , by
the autti9ol746s,,iii :: answer to, a .letter
~ of inqu!ro4lre y me to him, seek
tog for' HO_
pi
the subject. .
His statriiint , s very brief, and I copy
it entirety; I remarked on , a former
.
occasion tCuyahnga river. Portage
Path siloe - scarawas branch of the kiitali-•
itigu " '"' 4- 1- , ' 441f04-hqueditMhe
tween t: . - -:i)t, Nation mod , tiro ; Western
India . - . „
,* • , S: 4 gridigir ' ,Oileittfptibte'
haw ,:,+s:`-:;3 , , , : :I'o_o_l.k.aiitiOthi resi
dedtin t i : terrliory...tnt 1 , the. .410)-041ty
with. Diver in 1806. There was, on the
first settlement of the country, an Indian
trail, commencing at Fort Mclntosh, at
the mouth of Big Beaver, and running
ftom thence west through' Portage coun
ty, crossing the Cuyahoga in Franklin, at
what is called the Standing Rock. thence
west lo Northampton in Summit county,
wbera,thire was a settlement "of Indians;
tfience to Sandusky and Detroit. _ This
trail was the great . Indian:thoroughfare
from Detroit to the Ohio river. On it
were also constantly passing large parties
of Indians, and it became, of coarse, the
favorite hunting grounds of these Western
Nnnro ds. The Indians were as ready as
they for the enconater,- and a war of ex
termination commenced. In 1780 a large
party of warriors from the villages on the
Cuyahoga bad crossed the Ohio and made
an incursion into the white settlements,
murdering several families, and taking
4way a large amount of.plunder.
"Brady called together his baud and
started in pursuit. He , led on. the meu.
guided more by courage_ than discretion,
until he entered the Indian vtlliage on the
Cuyahoga river, in what is now North
ampton. The Indians, expecting pursuit,
were prepared for him, and with numbers
four thaw' his own, attacked him on all
sides, and, with, his followers, lie was put
to a perfect rout. The retreatl became a
flight, and every man was `tor himself.
The Indians singled out Brady, and: leav
Mg all the rest, a chase commenced fdr
him, which continued without interrup
tion till be arrived at the Cuyahoga river
in Franklin, just north of the present lo
cation of the bridge on the road to Raven
na. The Indians had extended their lines
so as to hem him in, and with loud shouts
of triumph, thought their prisoner safe.
The river was, here bounded on each side
by perpendicular rocks, the chasm being
22 feet wide. Brady, on reaching the riv
er, gave a bond that despair on one side
and hope on' the other alone could have
effected; and clearing the abyss, be gained
the opposite bank."
This statement, I have uo doubt, is sub
stantially eorrect as tar as it goes, but it
is by no means full and complete. Hav
ing been nn the ground and examined it
carefully; . and from inquiry In- tkl, neigh
borhood as to the tradition among the
first settlers, as wed as from information
derived from 'my father fifty years ago, I
believe the following additional facts , to
be true;
The place where Brady leaped across
Cuyahoga rivei - iv at a little village - called
Franklin Mills, six miles west of Rovenna,
the county seat of Portage 'countY, Oka°,
and within about two Miles Of the rail
kind leading from Pittsburgh to Cleve
land. Botts' aboie awl below! this " place
the Mitikkare OW, end - iOsecd, easily
AMCIWITM. ;LW .'4II;I)77ANCIC4
T..""
MO
... 1 .'7 -;', f. , i".." I " 1'7‘7,',!..-i-
iffill
ordetrit any annuity stage r
- :ivatei:
Bat for the space of perhapi a half b)ili
- cior the 'ground, , itsoenda s er
Bide 'thi:river; r,iie for tbe
;11paei'cif lilt 4.
The geological -fOrniatiq '
landititie, and river, at thi s
-
point passes, for some diiitasee; throug h ,
whix,t eins : .to. be At fissure in the.
caused by,some internal convulkou of na
,
tu re. This fissure, rwas credibly informed )
is abolat . thirty feetiieep, and
"iteOradi„juinpid, Poe rock • pr o jected'
.1 • . 1
a
short, illitancfruvertlie abyss. Tile dis
ltauce he leiii)4l;a4,was informed whet
iast there in 1856, : 1va5 . 27 ,feCt;6.lnelies - ; on
dead c,; bqfizontal line., Gene cal
IBierce says it ivUO2,:itet... ( Whether the
tradition -iven to me: or General
_, as g_ .:,
piere,.be the better authority,lwill t uot
tichieriqke, to decide: ] I did not meabure
it, becansethe.projecting rock on the.east,
side was cut awayiu making the tow path
along the Wu*, ?io :i ttkia ptrt of t the ..river
iq used' for slackwater, l uayigation on the
--Oros?.T . Cut ganal veland, :..,,,,
\ % l
The ageCueutv with t e Indians took
'Ol ce a few miles west , of, t is. place, and
after.jbe.defeat.Urßrady,:a ,the.route of
"hie 411). the , lndi t itne, ahand\ming the
\\,,tat
'ter, bgled nut/'the former a s the mad
above 11 ot ira they : most , earedr as&
most de ed to 4 tapture., This extended.
.thei nea up baddown.the river 4 . ? auto
hem him on to the -brink of the fearfnl
abyss, not autiCiPating for a moment that
be Would attempt: to leap across it. / -•
As they approached the rivr the de;
scent\was long and gradual a be tim
ber op n; and although rady could run
as fast a his save pursuers, lie soon
discovered t t etr lines were to long
to enable him to pass either end. They
could easily have shot him; but they de»
sired to take him alive , that they might
wreak their vengeance, by their choicest
mode of torture, for the many injuries!
they had sustained at his hands. •As thei
approached the river, heing‘now sure-cif
tilir prey, they - called . ;- on bithi *to throlr
Atway, his gnu an Omit ittitthir have' 1 1 0/*
.He took their advice, threw away his4ttri, *.
shot-pouch and powder horn, but not i for
the purpose, as they vainly supposed,lpf ,
surrendering himself to their savag Cru
elty, when he . might reach the bank F4l'e'
fiver. It was for the purpose of f eeihg'
himsflf from encninbrances, that he WO,
be the better fitted to accomplish the
dretidful leap he bad 'resolved to take, l / 4 , 1
and accordingly when - he reached tlil
bring he bounded over the tearful as*,
and landed safely on the 'other side, '
o.
1 i
The Indians were s close !upon i
, hm,
that, while recovering from the shoO i
. 9f
landing on the rock, and before he ,Was
able to get into he bushes, they fired, Upd
on him now that he was likely to ratakpi
his escape. A ball took effectitijM
fleshy part of the thigh, but did notelicW
able him froM running. He inedk tii' .
reedy for a small lake, which was north
east of that point about two miles distant.
This lake bears the name of "Brady's
Lake" to this day.
The Pittsburgh and Cleveland Railroad
passes over a narrow neck of land which
divides this from another lake, about four
miles northeist of Ravenna. These lakes,
from their close vicinity, are sometimes
called the "Twin Lakes," and may be seen
and recognized by' ny traveler. That
one on the west side of the Railroad is
"Brady's Lake."
Being perfectly familiar with the hab
its and customs of his enemies, andAnow.
lug they would never relinquish their
pursuit so long as the slightest hope of
success remained, and he was bleeding
quite freely, he knew they couli trace him
by his blood, be found a tree that had W
ien into the lake, at a place where the
shore descended very gradually, where
the water lily, which has a very large
leaf, covered the surface of the water_ for
a considerable distance. He got on this
log and went aloug to the top of the tree,
then stepped into the water and crawled
away some distance, where he found the
water shallow enough to enable him to
-lie down on his back, with his face mere
ly above its surface, but completely con
cealed from observation, by the large
leavgs of the water lily.
His pursuers, afraid to risk the tearful
leaP, and unwilling to give up the pursuit,
went down the river to a point where
they could cross with safety. On milking
the point on the other side where Brady
landed, they took his trail and followed it
by his blood to the lake, then along the
trees to, its top, they then searched the
water for some distance, but failing to
find him, they concluded he had plunged
into the deep water and drowned hiwielf
rather than fail into their hands.
They then returned to take it - more care.
ful survey of the spot where this extraor
dinary feat of agility had been perforated.
~~., . :z .'c
,y
/114.1911c4L1: Pc" 13 413 t. •
„i,4! %JAI.
•
%',`•• !, • ,M
Ell
'
Aftei ditreftillictinfethilaiini' the -*Wei
soeie, and batik' U 1304114 toitilitiit,iii '
this iia'ssielf liiinivilriat ofilndiaig eiktro
tioter,).that tinylithlie . itiiiiil iturelicansti';''
Indian in feats of activity, .theittlittunliii ,-':
eatneto the concur ilitikYttiChivitifilibt.ii ,-
man,' but a turkey t4id iftWatttost oiying,f , . ' 7 :
"he to man, he turk r ey;:l'hi I jfitor . . ala , ii*„_;- . ;
order CO ' ciitinnenic4ate 4bit?'-fttet'4liefr ''
carved on a rock cloSibyli=tideleprelstit-ii ,
'atiort Of a'ttirlio's loot:`'' ''" l '' " 'II ' l ' l
Tbis i iiinained ibe re in 'objeel - cifrictirt.
osity:To • lihdeil l e
oersiiiik: Itiaroeteri ,
and otheti.lill th e iiumiiiettif 1856; ivbeti,;' , - •
being actlint:itisie on al 'viiitin some' kt s ' '
cations Bring tlier' , and `finding the' . raelc ''',
i•as about being quarried an;l: 'Converted
into building strives, I tibieined: pertii* , '
y i
sion to haie a bikwil - cue nit .Vontainiati,
this turkey% foot,' wbiell'lbiOuglit'hortiei'
and, until quite recently; had' it in ton
possession. i
'-
After retnaltOg the Water Akita 1" '
was satisfied his ['lenges . ' had .- tntirel
giVen'up all hope o finding him,' Ind h,, '
left the - like, Capt. trady` made this' w` y
'to the' place, or near iberk'Wttere-1 6
town of Ra'venna nOw titantta,, - '4 fi teti- . had
been agreed =upon ' tiet:Weoii iiiMstind - his -
men; before they teiclied the . Indian leiv
campment, as the place Cfrendez*onS, in .
ease' they should`tiecOme islitarated:' He
then Met what feWi . it e lii'Orksiveid - had • I
escaped the'rtiry of . thi,' esaiges, ' aMA 10
his wound was nei'Very'Seto r tis,'attet a
long and ..-; wearisome march '4l'4' finally
'teethed the settlement south of the
river in stifetY• --.66plei ;richly. .
•
ME
PRESIDENTIAL;ILIABCPITON&:v
Plan Foreshadowed by the Senate
Committee for Electing 'President and
Vice President.
=NEw YORK; ' Octoberber B.—Senators
lorion, of. Indians, Carpenter,, of Via
iiiin, 'Anthony, of Abode Island, and
INyard,' of . Delavtare, members 'of ' the
(
C
ommittee on Privileges and Elections,,,'
ofthe Senate of the United 'States, to-day
'Closed their conferences, which have beerp ,
coOlintieUriiba: Al : - i - (' ' dii:fo the _past: - `
: if itk:;tifi:! ' nitiiii '.
firqetice . ta"c'qii; ._
m i Ode 'of . efeettnif igelt4lde 7 . 11140,,,,=
stsi3ce of their deliberatidris thus 'fiii'f&''
vOlved the hollowing propoiitions: First,
tO abblish the Electoral College ; second,
that tbe President and Vice President be
elected by the' i pe?ple voting directly for
candidates; th l itd,:that each State shall be
divided into tiq Many districtis as the State
is entitled to I lepresentatiles in Con
gress, to be conaposed of contiguous terri
,itory compact id form and as nearly equal
iri population ai may be, and the person
haVing l ihe , highest number of votes for
president in each i,distrect shall receive
;the vote of that district for President,
which shall count one presidential ) vote,
, and that each Otate shall be entitled -to
two presidential voters at large, Who shall
he ckinted for the persn having the
.
high' l
eSt number of vote; in the whole
11 State ; fourth, the person having the
highest number of such Presidentisl i votes
in theTnited StateS shall be President ;
fifth, theseprovisions to be applicable to
the election , of Vice President ; sixth,
Congress shall have power to provide for
holding / and chnducting the election for
PreSident and , Vice President, and to es-, ;
tablished c tribunals' for the decision of
contests as to the vote in any, district or
State, and make regulations governing
the proceedings of these tribunals. By the
adoption of the district system of voting
by the people directly for candidates, with
e
two Presidentia votes in the State at
large and th Thura • y rule for
-determin
ing the result, e e ction -is brought as
nearly home tot people as cats be, not
to make it an election by the nation as
one community, and it still recognizes the
State while it enables people of each dis
trict in the State to express their will, so
that hereafter a State need not cast a sol
id vote as under the present system. It
tends to dispense with the convention
which is now necessary in order to form
an electoral ticket for each election, and
it enlarges the liberty Of the individual
voter who can vote for any citizen be may
select for President or Vice President.
By the plurality system the election wilt
always be final, and there can be no ne
cessity for election by the House of Rep
resentatives,which is so much objected to.
The plurality rule has boen adopted sue
ceisfully in all the States in the ITnion
except four In the election of State offi
cers, and It generally prevails in the elec
tion of members of Congress. In none of
the States where It has been tried is there
any thought of abindoning 't it. Other`
questions are considered in connectOn
with votes in States and districts and
covering the exigency of death or resig
natton of the President after election and
before inaugnratisa. There are sugges
tions whitch have been conakilred, but to
't coarse no conclusions could be t _a i rrivetW,
,
v :1 . !:.':',,'l e! V P:i Cr t
r: r, I '4' ,, f , Y,.. '
A. Latifi;lLW
I .!f
:»
IN
+:
.:. f : r,,,,, 1,-iiric::,l,2:;.
! fif !':a..1 , .•;,'" . ' tit
-%F.,..:- - 1..,i::....-.) .f:
r
ME
ME
gni