f
f
5
ihttciiiwso:v
Alitor and Patoimiici'.
WOULD RATHER BE RIGHT THAN PRESIDENT Hxkrt Cult
T C P M J 3.0 l'ER AXX17II.
S2.oo advance:
gUME 8.
EBENSBXJRG, PA., THURSDAY, FEBRUARY 6, 18C8.
NUMBER 51.
.nM KlT'rKLIi' Attorney at
iL U, Ebensburg, Pa.
nary
13b7.
TTeNLON, Attorney
J Ebcn?burg. Pa
.... tte Bunk.
at Law,
fian24
7- Uliice
at
1 i T.
T,w. Lbtn3i)uit,
Colouuade Row. jan-
Office in
f
irriERSEY, Attorney at Law,
: rvTu-e in Loiu""
, . 1 l1 f IVQVV
jan24
V"
'SCAN LAN, Attorneys
at Law, iv)ru5""fc. -
' 1 . .... ',,vt House.
r02cC OppO:
,-ft ODTJOsJte le vuu.
j. E. SCANLAX.
STOS'.
VTvV.SC. iiAMil, Attorney j,,
fimbria countv, 1 a.
11
yniv""i - -
. .. i r-..-.-;nna nnrl Snecui-
("'.iteciurni xi""j,- ' . - .
7 A.
SHOEMAKEll, Attorney at
Law. Ebensburg, Pa.
!icul,r attention paid to collections.
jan'24
iaz House
OIUEL SINGLhiU-N, Attorney a.
Law, Ebensburg, r.
ot west 01 rusui o .v,... . ,
iil practice m we
VVRGE W. OATUA.n, .iiiuiup a.
T
L(tw- and CIa:m Agcr.'., x..-.0,
i countv, Pa.
,t Pensions, Kack i ; , '
,rr Cl.iims collects. u-'" i
ad 'r.ld, and p:.vment of Taxes nt
. Rook Accounts, Notes, Due Bil.s,
WeemeinL Letters of Attorney, Bonds,
ncatW written, and all le-al business
mIU- Rtten'led to. J'en-Jious lncreubeu,
i Equalized Bounty collected. jan24
PEYEUKAUX, M. D., Physician
. and Surceon, Summit, ra.
?-0ifice eaitot Mans on nouse, un
street Night calls promptly attenaea
his effice. may23
Alt. 1E WITT ZEIGLEU
I llovinc rc-rmanent'v located in F.bens
V offor3 bis prcfcpsional serrices to the
T.n of town and vuirity.
leeth extracted, without pain, with Xiirout
.Id, or Laujhing Gas.
tr-vKooDid over 11. If. Thomas' store, High
;i"tt.
epl9
Thf undersigned, Graduate of the Bal
:a:e College of Dental Surgery, respectfully
Lis professional services to the citizens
' K: f.'.shurg. He has spared no moans to
i-ruughlv acquaint himself with every im
jr -iiTent in h'u art. To many years of per-
.:al experience, he has sought to add tne
;rr:ed experience 0t the highest authorities
'i'catal Science. He tiruply asks that an
;jrtunty way be given for his work to
'.A. its owj praise.
SAMUEL BEI.FORD, D. D. S.
Rtrertncfi: Vrof. C. A. Harris ; T. E. 3ond,
;'V. R. Handy; A. A. Biandy, P. H. Aus-
d'llie I'aitiniore College.
2 ".' be at Ebensburg on the fourth
of each month, to stay one wiek.
.':i:i'i'nrv 24, 1867.
T WYl) k CO., Bankers
ii Ebessbcrg, Pa.
A-'"io!1, Silver, Government Loans and
.vcc.ur;.tie bought and sold. Interest
on 'l'-.nc l?vosts. Collections made
: all accessible points in the United States,
:d a General l'.ar.king Business transacted.
Jsnuarv 24, 1SG7.
w
T M. LLOYD & CO., Banker
Altoona, Pa.
Drafts or. the princiyial cities, and Silver
:Hiold for sale. Collections made. Men
's received on deposit, payable on demand,
'i.'iout Interest, or upon time, with interest
-'air rte3. jan2l
Si. 1.1.0VD Vrea't. JOI1M Lloyd, Cashier.
I? LUST NATIONAL UANK
GO YERX.'IEXT A GEXCY,
AND
E3IGXATED DEPOSITORY OF THE UNI
TED STATES.
t? Corner Virginia and Annie sts.. North
Altoona, Pa.
Avthosized Capital S.300.000 00
!au Capital Paid is 150,v00 00
k'Alusiness pertaining .o Banking done on
rT'jr&lU trm3.
I'erna Revenue Stamp3 of all denomina
tionj tlwAys on hand.
To purchasers of Stamps, percentage, in
'.imps, will be anowe(i a3 follows : $50 to
voo,
per cent. ; $'.0C to $200, 3 per cent.
X V. ft
-' ana upwards, 4 per cent.
. . -
jan24
J.
LLOYD,
Successor of R. S. Dunn,
iM ,,,, r Dealer in
imu GS ANI MEDICINES, PAINTS,
,7v' AS) iJVE-STUFFS, PEHFUME
v AXL 'ANCV ARTICLES, PURE
rx ?mm,,AND li'iANDIES FOR MUDI--L
1 ILI-USES, PATENT MEDICINES, &c.
r Also:
UUer' and Note Papers,
lena, Pencils, Superior Ink,
And other articles kept
2'..,.- i by Druggists generally.
'ifft1 lfcr!plions carefully compounded.
tain '-C n "l'lia Street, opposite the Moun-
-e, t-r-ensburg, Pa. rjan24
JWilDGli STILES,
w . I'.bl..SUlUl, 1 A.,
Vnn i tUrer of Barrcl3 K,,gs, Tubs, and
uoaen-ware generally. Meat stands and
raut Et inds on hand and for sale.
H'rairinj done cheap for cash.
yrders from a distance promptly attend-
Nov. 7, lC7-3m
T .
QAMI'kl SINGLETON, Notary Pub-
lie. Kl.nli-.ir l.i
t iM- ,.. . ' "
fl
street, west of Foster' Ho-jan24
E1
LEVENTI1 ANNUAL STATE
MENT OF THE PROTECTION MU
TUAL FIRE INSURANCE COMPANY OF
CAMBRIA COUNTY, PA.
Amt. property insured as per
10th annual report $388,380 04
Amt. property insured since 10th
nuuiiiu itjiui i. ........ ............
75,737 GG
464,117 70
16JOG 93
447,210 77
Deduct amt. property insured in
policies cancelled expired....
Amt. premium notes in force as
per 10th annual report 5 37,283 68
Amt. notes taken bir.ee last an
nual report -9,133
30
46,419 07
Deduct unit, notes cancelled and
expired since last report ....
3,r
40
43,246 67
No. policies in force as per 10th
annual report
No. policies since last report
405
100
505
30
Deduct cancelled and expired.
Total number in force
475
Bal. in Treas. Jan. 13, 1867 .$
Percent, on premiums collected
since 10th annual report
To amt. assessment No. 2
442 34
672
1,735
.99
24
2,850 57
Compensation officers 4
agents past year $206 02
Incidental expenses past
year 94 58
By amt. pd. David Creed 230 74
By amt. pd. Robert Ed
wards 1,200 00
By amt. pd. F. P. Tierney 200 00
1,931 34
Bal. in hands of Treas. and Agts.
919 23
OFFICERS E0R ENSCIXU YEAK!
President John Williams.
Secretary and Treasurer... .R. J. Lloyd.
!:
( Jn
E. uoDer;s,
Executive Committee 1. Crawford,
no. Lloyd.
Jno. E. Roberts,
Agent3
Evan Roberts.
jan30. 1. J. LLl'i V, &ec y.
T E W CLOTHING S T O 11 E
The subscriber begs leave to inform the
public that he has just rece'red from the
Eastern cities and opened out at his Store,
on High street, three door east of Crawford's
Hotel, Ebensburg, a very large, very fine, and
very cheap stock of
READY-MADE CLOTH I XG.
He has
FALL AND WINTER CLOTHING
of every style and quality
Fine Frock and Dress Coats, Business Coats,
Overcoats, Coats of all sorts and size3 ;
Oassimere and Doeskin Pantaloons,
and Pantaloons for every-day
wear; Yests of any and ev
ery description.
GENTLEMEN'S FURNISHING GOODS!
By odds the best assortment in town.
LADIES' AND GENTLEMEN'S TRAVELING
RAGS !
As well as Trunks, Valises, Carpet Sacks
and traveling gear in general.
Not to go into details too deeply, suffice i
to say that he keep3 .-
FIRST CLASS CLOTHING STORE !
where anything and everything pertaining to
the decoration and comfort of the outer man
can be obtained at easy prices.
Remember that this is the only regu
lar, nrst-class Clothing Store in town, 'ihe
public are requested to call and examine the
stock. In extent, variety, and cheapness of
price, they will find it unrivalled.
oclO J. A. MAGUIRE & CO.
GENTS WANTED FOR
"THE BLUE-COATS,' and How They
Lived, Fought and Died for the Union, with
scenes and incidents in the Great Rebellion,
Comprising narratives of Personal Adventure,
thrilling incidents. Daring exploits, heroic
deeds, wonderful escapes, lile in the camp,
field and hospital adventures of Spies and
Scouts, together with the songs, ballads, an
ecdotes and humorous incidents of the war,
splendidly illustrated with over 100 line por
traits and btautitul ensravings. 'mere is a
certain portion of the war that will never go
into the regular histories, nor be embodied
in romance or poetry, which is a very real
part ot it, and will, if preserved, convey to
succeeding generations a better idea of the
spirit of the conflict than many dry reports
or careful narratives of events, and this may
be called the gossip, the fun, tle pathos of
the war. This illustrates the character of
the leaders, the humor of the soldiers, the
devotion of women, the bravery of men, the
pluck of our heroes, the rojnance and hard
ships of the service.
The valiant aod brave hearted, the pic
turesqe and dramatic, the witty and mar
velous, the tender and pathetic, and the
whole panorama of the war are here thrilling
ly portrayed in a masterly manner, at once
historical and romantic, rendering it the most
ample, unique, brilliant and readable bock
that he wat ha3 called forth
Amusement as well as instruction may be
found in everv page, as graphic detail, bril
liant wit, and authentic history, are skillfully
interwoven in this work of literary art.
Send for circulars and see our terms, and
a full description of the work. Address,
JOMES BROTHERS Si CO., Philad., Ta. 2t
PETER McDEEMOTT, Manufacturer
of and Dealer in
SARSAPAR1LLA, MINERAL WATER, BOT
TLED ALE, AND PORTER,
JOHNSTOWJf, Pa.
ftST All orders promptly attended to.
May!
I have searched in the garden paths,
"Where the children used to play
In the shady nook
By the silver brook,
But I cannot find our May.
Perhaps she is out in the meadow,
Hiding from me in the hay.
Are you there, little one ?
It i3 time to go home
It is no longer day.
I bear a step on the stair,
And a ring of laughter gay:
- 'Twas a neighbor's child ,
Looked up and smiled,
And not our little May.
The kindly neighbors com?,
In rain, to cheer away
The deepening gloom
Round the sad hearthstone
"Where is our little May ?
"Why does she stay so long?
I have called her many a day ;
A V ill she never come
To our darkened home ?
Where is our little May?
Gone, forever gone,
Froui her childhood's home away !
'Neath thi3 little mound
Of new-made ground
Sleepetli our little May !
Tramps
"No tramps here !" sail I, and I shut
the door in his lace.
The wind blew so hard that I could
scarcely close the door, and the sleet was
beating on the panes, and the bare trees
were uroauing and moaning a3 it tney
suffered in the storm.
i.'n tramns here." I said; "I'm a lone
" '
woman, and afraid of 'em."
Then the man, whom 1 couldn't see for
the dark, went away from the door
chamri ! champ ! went the sound of his
footsteps through the slush, and I heard
the gate creak ; and then, champ ! champ !
came the man back again, aud he kuocked
on the door kuocked not halt so loud as
he had beiore. I opened the door, bot
and angry. Has time I saw ins lace; a
pale, ghotly face,' with yellow-brown hair,
cropped close, and great, staring blu6
eyes. He put his baud against the door,
and held it open.
"How far is it to the next house,
ma'am ?" said he.
"Three miles or more," said I.
"And there is no tavern V
"No ; no driuka to be got there. It's
Miss Mitten's, and she's as set against
tramps as 1 am."
"I don't want to drink," said the man,
"but I want food. You needn't be afraid
to let me in, ma'am. I've been wounded
in the army, and am uoi able to walk far,
and my clothes are thin, audit's bitter
cold. I've been trying to get to my pa
rents, at Greenbank, where I cau rest till
I'm better; aud all my money was stolen
lrom me three days ago. You needn't be
afraid. Just let mo lie before the fire,
and give me a crust to keep me from star
ving and the Lord will bles3 you for it."
And then he looked at me, with his
mild blue eyes, in a way that would have
caused me to relent if I had not seen so
much of those imposters. The war was
just over, and' every beggar that Cime
along said he was a soldier, traveling
homeward, wounded, nibbed, and all that.
One that I had been silly enough to help
limped away out of sight, as he thought,
dud then shouldered his crutches I wa9
at the garret window and saw him and
tramped it with the strongest.
"No doubt your pocket is lull of money
now," said I, "and you only want a chauce
to rob aud murder me. Go away with
you!"
Drusilla, my neice, was baking cakes in
the kitcheu.' Just then, she came to the
door and motioued with her mouth to me,
"Do let him stay, aunty."
"Go away with you !" said I, louder
than before; "I won't have this any
longer."
He gave a kind of groan, and took his
hand from' the latch, and went champ!
champ! through the frozen enow again ;
and I thought him gone, when directly
came the knock at the door once more
this time hardlv like a knock at all, so
faint and tremulous was it.
Wheu I opened the door, he came quite
in, and stood leaning on his cane, pale as
a ghost, his eyes bigger than ever.
"Well, of a'll impudence 1" said I
He looked at me, and said he, "Madam,
I have a mother at Greenbank. I want
tr live to see her. I shall not if I try to
go any farther to-n:ght."
"Thev all want to see their mothers,
paid I. and just then it came to my mind
that I hoped my son Charles, who had
been a eohlier an officer he had got to be,
mind you wanted to see his, and would
soon.
"I have been wounded, as you tee,1
said he.
"Don't fro a showing me your hurts,
said I; "they buy 'em, so they told me, to
co beergm; with now. I read tne papers
I tell ye, and I'm principled, so's our
clergyman, agin giving anything, unless
it's through eome well organized society.
Tranm are an abomination. And as for
jeeping you all night, you can t expect
that of decent folks go!"
Drusilla ' came .'to the door ri& said :'
"Let him stay, aunty," with hc'r'lip's again,"
but I took no notice. .' ' ,
So he went, and this' time did not come
back, and I sat down by the fire, and lis
tened to the wind and sleet,, aod felt the
warm firepmd smelt the baking cakes and
the apples stewing, and "the lea drawing
on tne kitchen . stove : ana I ougut to
have been ; comfortable, but I- ' wasn't,'
Something seenied' tugging at my heart
all the time:
I -save the fire a poke, and litr' another
carmie to, cheer myself by, audI. went to
rnv wotk basket to rret the sock l nad
been knitting for my Charlie; and as I
ent to get it I saw something lying on
.he floor. ; I picked it up. It was an old
tobacco pouch, ever so much like the
one I gave Charlie, with frin-re around it,
and written on with ink, "0. F. toll. II.,"
and inside was a bit of tobacco and an old
pipe, and a letter; and then I saw at the
top, "My dear son."
I knew the beggar must have dropped
it, and my heart gave one big thunfp, as
though it had been turned into a hammer.
Perhaps the story was true, aod he had
a mother. I shivered all over, and the
fire and the candles and the nice, comfort
able smell might not have been at all, I
was so cold and wretched. And ovur and
over again I had to say to myself what I
had heard our pastor say so olten : "Never
give auyihing 10 chauce beggars, my dear
friends, always bestow your alms on
worthy persons, through well organized
societies," before I could get a bit of
comfort. And what an old lool I was to
cry, I thought, when I found my cheeks
were wet.
-- 13ut I did not cry lon, for as I sat
there, hash and crash and jiugle came a
sleigh over the road, aud it stopped at
our gate, and I heard my Charlie's voice
crying, "Hallo, mother; And I went
to the door and soon had him in my arms,
mv creat, tall, handsome son. Aud there
he was, in his uuilorm, with his pretty
shoulder-straps, as hearty as, if had never
een through any hardships. He had to
eave mo to put his horse up; and then I
iad him by the hre again, my own boy,
nd Drusilla, who had been up-stairu
crvinc:, came down an in a nutter lor
i ii r . . '
they were like brother and sister and
she ki?sed him, and then away she went
to set the table, and soon the mce hot
things smoked on the cloth white as snow.
How Charlie enjoyed them ! Rut once,
in the mid?t of it all, 1 felt a frightened
L know I
turued pale, for Drusilla said, "What is
the matter, Aunt l airfax;
I said nothing, but it was this, kind o
like the ghost of a step going champ!
champ ! over the frozen snow, kind o lik
the ghost of a voice saying "Let me lie on
the floor before your fire, and give me any
kind of a crust," kind o' like seeing one
that had a mother dropping down on the
wintry road and freezing and starving to
death. That was what it was, but I put
it away, and only then thought of my
Charlie.
We drew up together by the fire after
tea was done, and he told us things about
the war I'd never heard before how the
ecldicrs suffered, and what weary marches
and short rations they sometimes had
And he told me how he had been set
upon by the enemy and been budly woun
ded. aud how, at tne rist oi ms own me
a fellow-soldier had saved him and carried
him away, fighting his path back to camp
"I d never nave seen you hut tor mm,
said Charlie; "and if there s a man, on
earth I love, its Rob Hadway. We've
shared each other's rations and drank
from the same canteen many a time, and
if I had a brother, I couldn't think more
of him." -
"Why don't vou bring him home to eec
your mother, Charlie t" eaid I. "For
vaur sake I love him too, and anything I
could do lor tne man wuo eavea uiy uuy
life wouldn't be enough. Seud for him,
Charlie!"
Rut Charlie shook his head and covered
his face with his hands.
"Mother," said he, "I don't know
whether Rob Hadway is alive or dead to
day. While I was still in the ranks, ha
was taken prisoner ; and the prisons are
poor places to live in, mother. I'd give
my right hand to be able to do him auy
crnnd. but can find no trace of him. lie
has a mother, and she lives at Greenbank.
My dear, good, noble Hob preserver of
my life !"
And I saw Charlie Dearly crying.
To keep us fiom seeing the tears, he
got up and went to the mantle-piece. I
did not look around until I heard a cry.
"Great heavens ! what U this !"
I turned, aud Charlie had the tobacco
pouch the man had dropped in his hand.
"Where did this come lrom?" said he.
"1 feel as though I had seen a ghost. I
gave this to Rob Hadway the day he saved
me. We soldiers did not have m-ich to
-ive, you know, and he vowed never to
part with it while he lived. How did it
come here, mother V
I fell back in my chair, white and cold,
and said I, "A wandering tramp left it
here. Never Rob, my dear ; never your
Rob. He must have been an imposter.
I wouldn't have turned any person really
in want away. Oh, no! no! no! no!
It is another pouch, ohild ; not that, or
he sWle ic.- "A. tall fellow, wounded, he
said, and going, to his mother at Green
bank. Not,yqur. Pwob, though I" -.
Charlie stood staring at me, with clen
ched hands.' He said, "It was my Rob ;
it -wa my- dear old Rob, who saved my
life, and you have driven him out, and on
euch a, night, as this( "mother " , v
, "Curse ; rue, Charlie," said I; "curso
me, if you like I'm afraid God will,
Thrc3tirne3 he asked me for only u eru-t
and a place -fo" lie oo and I drove him
away.;; Ob,: if,-I had;known if I had
known I". , . , . r ... ; ....
Charlie caught up his hat.
; "I'll find him if heValive."
he
said
-on, j jtj, my aear rriena v
And then I never saw the girl in such
a flurry down went Drusilla on her
knees, as if she were saying her prajers,
exclaiming, "Thank God, I dared do it!"
And then says sli6 to me, "O. aunty, I've
been trembling with fright, not knowing
what you'd siy to me. I could not see
him, so faint and hungry and wounded,
turned away, and so I put him in the
spare chamber over the parlor, and I've
been so frightened all the while thinkmjr
what you'd say and do when you found it
out I"
'The good Lord bles9 you, Drusilla !"
spoke Charlie ; and "Amen I"
said
I.
And she, getting bolder, went on: "And
1 took him up hot short cake and apple
sauce aod tea : and 1 took him a candle.
aud a hot brick for his feet, and told him
to eat, and then go to bed in the best
chamber."
And so, Rob it was Charlie's friend,
after all had not been turned our into
the bitter cold to peris b, but, thanks to
Drusilla, had been ted, and sheltered, and
saved.
After that, Charlie helped Rob into
buaiuets, in which he prospered greatly.
And he got over his wounds at last, and
grew as handsome as a picture, and to-day
a week he is going to marry Drusilia.
"I'd give you anything I have," I said
to him, "even to Drusilla." I said this
to him when he asked me for Drusilla's
band, telling me that he had loved the
girl ever since she was so kind to him on
the night I've told you of.
1 don't drive beggars from the door
now as I used to, and no doubt I'm im
posed on sometimes; but this is what I
say, "Better to be imposed upon always,
than to be cruel to one who is really in
need of your help." And I've read my
liible better of late, and lay particular
store by these words, "Even as ye have
done it uuto the least of these, ye have
done it uuto me."
Mv, 31oireIl on Finance.
Subjoined we give an extract from
a speech of Hon. D. J. Morrell ou the
financial condition of the country, deliv
ered in the National House of Represen
tatives on the 25th ultimo :
"I have briefly disputed the theories
which trace fancied evils to our 'redun
dant currency;' but they may be answered
more briefly. There is no redundancy of
the currency. England needs and uses
of money twenty-live dollars per capita,
double the amount we have in this coun
try, and France employs thirty dollars per
capita. It cannot be said that the United
States require less than France and Eng
land, for our population is more widely
diffused than that of either of these coua
tries, with the larger and more varied
demands growing out of larger liberty,
and our exchanges are made with less
rapidity than theirs. Money here has
less putchasing power than there turns
itself more slowly, and has in every way
less utility. An equal amount of money
would not place us upon an equal footing.
Let us go honestly to work to make our
currency exchangeable at par for gold and
silver, and then remove all restrictions
from bauking capital and bank issues, so
that the 'natural volume of the currency'
may be established and maintained by
the same law ot supply and demand which
regulates production and business.
"As we must always have paper cur
rency and banks of issue, I wish to sec
our national banking system reformed,
extended, and perpetuatsd. The argu
ments for a:?d against it have been so able
and exhaustive that I can. add nothing of
worth to the controversy. Rut I must
say that I would regret to see the United
I States Treasury become tho only bank of
issue in this country. It is better for
tho Government aud the people that this
business should be in the hands of the
people. Whatever profits are made from
it are not lost to the country ; aod the
fact that men of all parties hare direction
ol the hanks and own the United State3
bonds on which their privileges rest is a
warranty against their becoming a politi
cal power, and will tend greatly to sustain
tkp Kfrihilif v and frpdit of thn (nirprnmcnt:
...w J
I think it haa been satisfactorily shown
that in the taxe3 the banks pay and the
services they render, the Government
receives compensation lor their privilege?.
If they arc dissolved and the country is
turned back upon the old State banking
system, the bonds they own will bo thrown
upon the market. The interest upon these
must still be paid, and the sure revenue
yielded to the Treasury by tho taxation
of banks will be lost.
"The national system may be mado to
givo equitable" local distribution to the
currency. It now certainly effects a" vast
saving in brokerages and exchanges ta
the whole people. Certain amendments
to the 6ystein should be made. Existing
gross inequalities in the distribution of
bunking privilege should be corrected, so
that the YVcat and South may have their
fair share. More important still, there'
should be for national bank loans a uni
form rate of interest prescribed bytbo
laws of the bnited. States.- This more
than anything else will tend to give their
notes a local habitation and local uses, to
prevcut centralization and relievo depres
sion, check speculation, and favor the
people, The interests of the people
demand a plentiful currency, and it
should be bo cheap that the euterprising
business man and the laboring poor man
may have the use of it.' The much-talked-of
'tyranny of capital consists
solely in the high charges which may be
made for the use of money; and in this
the Government has made itself the ally
of the money-leuder by placing its loans
at a high rate of interest. Just as soou
as it is possible, consistent with the good
faith to the public creditor, our six per
cent, bonds should be converted into four
per cents, and five per cent, should bo
fixed as the uniform rate of bank interest.
It should not be the policy of the Govern
ment to induce capital to subsist at ease
upon the tax which, it derives from labor,
but rather :o make it profitable or neces
sary for it to ally itself with labor, to
create and share the rewards of industry.
Make capital cheap and we will have many
capitalists who are laborers and laborers
who are capitalists. Make it cheap, and
money will ally itself with work upon terms
constantly more favorable to work. At
present, securing itself from all risk, and
without having even the necessity of
watchfulness or supervision, money de
mands and receives over seven per cent,
of profit, and it will not assume riska with
out largely increased compensation, which
labor must pay, and which is just so much
withdrawn from the share of the laborer.
In England and on the Continent, money
ouco safely united with labor in produc
tive industry is seldom withdrawn. The
projector dies, and his widow carries on
the business. II is sons in time succeed,
and their sons follow tneui. The style
of some firms has not changed for centu
ries. "In those countries', Government is tho
ally of industry, and provides that capital,
if it will have perfect case and absolute
safety, ehall find it only iu three percent,
investments. It is owing to this policy
that their laborers are enabled to sustain
vast military establishments, a costly aris
tocracy and monarchy, and pay the inter
est upon enormous public debts. We
may well adopt it, not for the benefit of a
ruling class, for we have none, nor to
maintaiu armies which we do not need,
but for the benefit ot the whole people
Should our government continue its alli
ance with the money interest, this will
soon be the worst'eouotry in tho world
lor laboring men, and it would be so now
were it not for the vast bodies of public
lands open to free settlement. The na
tional banking system gives opportunity
to effect this beneficent reform, to which
the banks will not object, fur upon its
adoption all the complaints of their oppo
nents will be silenced.
"The proposition to retire the national
bank currency and substitute greenbacks
has been urged as a measure of economy;
but iostead ct doing this, I would at once
authorize new organizations of banks to
such an extent as to give them S200,
000,000 more of notes for circulation.
This, with the greenbacks in existence,
will make the currency amount to nearly
5000,000,000, approaching but not equal
ing the per capita circulation of England.
Th is increase can be so apportioned as to
remedy the present most unjust discrimi
nations against the West and South, now
nearly destitute of banking capital and
money, and the volume of circulating me
dium will not be increased to that extent,
because the greenbacks will be largely
he'd as a reserve and for purposes of re
demption. When resumption is effected,
it will be safe to throw opn the banking
privilege without limitation, as it would
then be regulated by the demands of bus
iness, and being free and open to compe
tition like other occupations, it would be
subject to the same laws. I am confident
that no more banks would be organized
and no mere notes would be put in circu
lation than could find proper and profita
ble employment."
When Lincolu was assassinated, tho
Qjcen wrote a letter ot sympathy to his
widow, aud the Re. Newman Hall had a
conversation with Robert Lincoln on the
topic, and "asked him about the Queen's
i letter
liri--n
"les, saiu Rooert, "we have
.II R.ckprl SlLmit fhp l--Hpir irn
, w
have been asked to publish. it. But it is
a loug letter of three pages, the outgush
ing cf a generous woman's heart, and my
mother acd myself thought it would not
be. right to publish a letter wriien in tho
effusion of a woman's heart."
Col. A. K. McCluce offers for sale a
controlling interest in the Chambersburg
Repository , otic of the best country paper
in the State.
Tiif. latest startling report is that Val
landigham offers to deliver public lectures
oa Biblical tubjocts.
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