The Greensboro patriot [July 26, 1876]

              s
THE PATRIOT
PI7BU8HED WEEKLY
AT GREENSBORO, N. C,
: I 1 & ALBRIGHT,
-.Al'.l.isilhli IN 18*1 bsf
.1 boetNewe-
■ •- in ii"' Btasel
The Greensboro Patriot.
Established in 1821. WEDNESDAY, JULY 26, 1876. | New Series No. 435.
! .1 Vrufrvlv
II. \
...rmbly iu ad»ance:
■ ' itb.tl.25.
ittfS.
. .uWcriber. will
'.'
kATErt OK ADVBRTBIHO.
I payable in ad
.MicriiaeuiciitBipiarterlj
Itomoiia Hill Naaraertos.
»"'"" I„IP.I,.)I)SOI TIIEK.N A.Mi
acclimated Emit Tm, Vine,, A-.-., Sw IBS
Autumn 8.1- of ISTC. AH Block ol
Ams'lniV Jiniel'wli the sssfiestrssK* Is "'« ,
world. BdSTS earle, than early BsaSrlee,
larger and liner. Endorsed by Downing, I
Waidas, Thomsa and many Otbel sminenl
PonmlogMa i" lb- I". ^. Corns] deota
eolkritsd. 8p«eU1 indiieementa M large
planter.. Catalog.!.- free on :'fP'" ;', \
Ad.lree.. J.VAH I.IM'I.KI.
Apr. ly. Gresasbon , N. C.
I ill
I
IS
-•in :im
-I J.I
1 -
- 10
Ill l«
)'. 1-
1- •-•II
•III •.ill
:•.:. Ml
,-.,1 locals fifty l'«
\ Irnin union no-
Professional Cards.
,. M,..:„MI..I.. Jo.isN.Sr.i-t.ics.
MENDENHALL & STAPLES,
ATTORNEYS AT LAW,
«. II I I. N H M © " •
adverti*1
n. c.
I . ;.,i,d!,, HRoo,
nl the
■ebon
1 and
.: lb. Slate, and to
North "I l.'i.'iri Hon.-.
. —
Juo.A.GUswr.
Dillard, & Gilmer
ATTORNEYS AT LAW.
OLICITOKH IK BANKRUPTCY,
, G •■ iboro, oppauts
A HuUM.
Iand Federal Court..
..,; n. uUUn in
i ,,..■ under Iotur-t
Court of Western
in*. Cou^eUonsta
aaM- „„- ,
"My-lKV,
a Mill. I-. . ll.l.WBU..
HI oil A CiWWEU,
KNSUOKO, N- C.
«»• H I ,,,.'.„ in Ii." Superior Court of
Y\ . Randolph, l>.vid-
MeckUu
.: Conn at Ore
. .am
1,1 other**, urine-.
,IO. W. GLENN,
ATTORNEY AT LAW,
Ueuhrille, X. C.
... M |, .,ra i;,,. ,n ii,,. Court! of the
>\ attention giveu to
I
" U <-""",;!i;s,,:(TFUi.LY
liFFKHS III'
PROFESSIONAL SERVICES
..in Mforv.
I P.KS Till: SAME AS THOSE
:, ,l |>j other Practicing
;•/.;/-.. i<Ml of the City.
■ 7.Vly.
[,.|l> » It VltlCIM-l It.
A I tOBNKV AT LAW.
V. c,
, Conrta nf Chatham,
, ,1 Randolph.
...! n lut handa »iii ns
iptlj attended to.
, . ,: I! . ,.- Photograpl
W 13- F-A-^IR-A-^R/
WATCH MAKER.
JEWELLER, OPTICIAN
_A_2<rD ENGRAVER
Qreauboro, If. C.
IU- eonslanUr mi hand a splendid ssaorl
mem of FsahiooabUi Jewelry, and wine
aplendid |T<UVAM n«d I
Wliirh will !»• ~<>i«t Cheap t'.r Casb
lyWatrhee. Cloeka, Jewelry, BewingMa-
•MaaMBo 1''"i"1' repaired cheap and on abort
aotie*. An aaaorted ttoek ..t'' I nna,I i»tol»,
Cartridges, cV«.halwaya on hand.
Mar. H ly.
uliKI.L, BAOAM A CO.,
Wholesale Dealers in
QENEBAL MBBOHANDISE,
Ureenxhoro, A". C.
Jan. W, 1875-ly.
■w. A.. HORNEY,
Our New "Uncle Sam"
BY JOSEPH BKJBU.T.
'■ i:et'..rm" is the cry Hounding loud thro'
the nation,
F i Maine to the verge of the West—
1 ion. oeatree of glory and scenes of starva-tion
•I'h„ word is no longer a jest.
Our country hus -uttered long pillage and
plunder
While trusting each wolf hearted lamb,
i Bui the chains we are wearing we'll soon
liar avinder,
When led by our new "Unole Sam."
Li • i.i .nt pack his baggage and llabcock
attend him :
Lai Belknap go join Hilly Tweed,
Let Illuin gel his champions to cheer and
defend him.
And ... ml na smile letters to read.
The lide.if de.-triiction that riinsihro'our
land
With Iiuth and Reform we will dam,
And ..ii to the While House with Liberty's
band
We'll march with our new Inele Sam I
His record is proud, and hie banner is
waving
Beside the bright Hag we adore;
The bald eagle guides US anderline- our
craving
For men like our leaders of yore—
The Kinpire Si tie M-ndsoul her chaaipion
ao true,
Aa -'IIIII^' as a warwaging rain:
lie needs hut your trust and he'll dare
and he'll do,
Bo i ig to our new Uncle Sam.
Let rigmarole apoutera and swindling
v1 o iters
Blink off with their business undone :
Remember your duty and look not for
1 ly,
With Til.bii our light will lie won.
Where wrong deeda are rampant he'll
aoon raiac a atorm,
And of Justice he'll ne'er make a sham ;
Bra hut one maxim, and that is—
Refi '
So cheer for our new I'ncle Sam.
WATCH-MAKER, JEWELER AND
oi'TiciA.nsr,
,. and in courts
T
No.ll Sontli Elm Street, GreenBboro, H.C.
;J.,I.I Pest*. deeS5:ly
of money
I)
iny Frl«-ii«ls I HIP
PUBLIC GENERALLY
I would stale that I have opened in tin
old stand, recently occupied by W. M.
Houston i Co., a new and elegant Stock
OF FAMILY SUPPLIES,
Embracing every srtiole nsnallj kepi it
a First Class Family Qroeerj. all of which
have been selected from Arst hands with
great eare by my Salestnan, Mr. E. '■
Neweomb, in whom Che public will find
an ezperienoed, polite and attentive
manager. An examination of the above
stock is respecting solicited,
Respi otfnlly,
SKYMOI'R STEELE.
J. A. PRITCHETT,
CABINET-MAKER
.1*
Furniture Dealer and Undertaker,
ANMOl NCE8 lo Hi* citiKfiw ol
OnvDsiboro SOHI QuillonJ Count]
tliat b« ib better pivparwd uww
ilian t-vi-i i<> jTcvid'' thfiu with
it it\in ie»:
bore, a burden of bunUreds of nil-, Building & Loan Associations I We are aware of it Thev com-lion,
of dollars, nnder wb.ch they Importanl DtcUion f, „, ^ i rnenced h. Europe uuder Mtteplt
Court by Judge Bynum. | legis'atiou as ourg, but were soon
Mills fln.l «.-(« .. art, I P?rv'erteu- The same may be said
Mil ■ and wile vs. Sa wbory I of them in America. Thev are
W. LZdefj0a? ,f ssoc.at.on. numerous and influential. ThS
hhe-aSdedi, !".B»ui«ldSingfollr' iDg- "tatU,e »"'»ence legislation,
groan, bat which they cannot now
throw off without a violation of
public faith—which faith once
given is sacred and cannot be
broken ; and while we cannot re-pudiate
the additional debt we can
and will repudiate the party which
laid it upon our backs.
S. I do further charge, that in the oa8
Hush of the second victory in the I ESS" o'accumulating, by small'there are already fortv in his State
re-election of President Grant, by I Periodical deposits, a saving fund with a capital'of one million rive
the act approved February 12,187.3,: with which they'may secure a home hundred thousand dollars. And
silver dollars were demonetized un-; stead, ana tor their mutual benelit; we arc already urged that the busi-der
the guise ot regulating the , aD<l wb-er*as 't "* the dictate of a ness is too large to be disturbed-mints,
silver coin, a part of the , 80U,nd Policy that the protection As other vices spread, so does this,
iy of the constitu- j fnd encouragement of the Legishv and it is our put pose to 'nip it in
Yaryan's Mouth Opened.
The Effect of the President') Letter
to Brutotc.
WASHINGTON, July 14.
The committee on the luvestiga-
JJy their lib- tion of whiskey frauds expects to
Of
legal-tender money
L'real variety—-eiech I with
luioniy and to auil the
I lo ii i House.
.in II UBSXIORY.
IA. & GREGORY,
ATTORNEYS ATLAW
Rani,
i N'SBORO, N. C.
.. State and Federal w-
'
a tan b.- al-
'i;,!,.--V.. 7...lv.
D. A. k R. F. ROBERTSON,
' r RG CO N DENTISTS,
. V. ('■
I MUI iirt*j-Ki-t-il i*» I'urui^ii, ui tWO lioart
notice, COFi INS ol any Btjle *u<I fin-lake
HIMI linTelaJfine l:Har>f for the IUW of 1
AVI order* lor Famitore, Coffin* or Metalie
eaeM promptly attended lo, ai
obargea,
Any nmrkniubls? i»ri"im • taken [nexenauge
for work, if deliYered at my sbop on Pajette-vtUe
nlr»Hft.
Work earefullj packed and delivered al
ilia* depot Fret of Chmrgt, Jaa.7,-le.
wt ">
them can
alwaye be fu ind
rtl their offiet '''i
Lindeay'i corner
upataira.entianef
i. tai M ark el
Street.
-'». tt.ry ref-erence
given, ii
lierirod. 813-tf
Ml ltl< \l C ilClr. rbe under
* to bis frienda
a served lor the
I : lettoe of bia pro-i
Ijo '■ :t~ dm ing the peel lull
i i tiorougb ooori
- :.!- in the city of
* ■ Pal .i >logjf and tMa>t<
[o l't.Mil.KS.
n itfa all the iiiKtiu-taarjp
in thii
He is. also, pn-lea
ol the nje A cur
:«;iial at the Drug
A 8 >n, when not
i K.W.QLEMM
^CHAS. 0. YATES.
%
««%».tiCSBOBO *•'
CO
r>
CO ■s>
< ,.|i|>. i Distill).<■
i IKN WHISKEY,
--.'., :.: Peter
■ - s iuth East ot
■ i-1.\ mail prompt-
PETER COBLE,
- Mills,
K.C.
o
CO
* J. \
< =2 CO H . -
U Li * '-
h
« 5
z 1 < : - ?: i.
< -. .v; aas
— -i
i-:'
■< >■ t -
Is «E! I.I MI.:
I WILL CLOSE OFT
CO. YATES
Gum Kt-lliiiK
1000FEET ASSORTED WIDTHS.
Gum Paol I
Hydrant lb se.
llemp Packing.
For sale JAR. SLOANS' Si IKS.
June l'.th. 1875
s \ IBOKO
■-h uHd llliinl ■';■• lory.
.\ In ssi. Propristota.
- irl notice
• I K. Stuk,
\N:»DOOK I'l.'AMKS
.IXC, PLAINING, AC.
FREDERICK DETMERING,
Boot & Shoe Maker,
1 h. D..■«ie St,^..t. ana Preebytorian Cliurefa
DOOT8 and 8hoe« uia,le to order in the
The hent of t*ath*-r, anil a ^rootl lit yuaran-ted.
i.i: lv
N. H. n. W1LSUN.
imCSSk LIFE a FIRE INSURANCE AGENT,
ii reaaonaUa i«im-.
N mill i nrolinn *,iatc
I INSI RANCE COMPANY
B. IU1 PLB. President.
" RON \ •
PETER IDAMS, Agasrt,
| Iresasbofo. N. C.
.)/(, | BALE*! IIIOUE HAY
JAS. SLOANS SONS.
Greensboro, N. ('..
REPRESENTS Orst-elass Companiet
with an aggregate capital of over
THIRTY MILLIONS DOLLARS,
and can carry a full line at ti.ir rates.
tyOffloe, up stairs over Wilsoi ,\ 8ho
hers Hank, under the efficient Bupervia
of
W. II. MILL.
who will at all times be glad to wait on
all who desire either
Life or Fire Policies,
mar U:ly
War Upon a False and Hypo
critical Party.
Judgi Jame* /i. Ihiolitth'x Kinging
Spetek in Chicago, July 7.
For ten years past i have been
:il war with the party i;i power; at
war wiili its ideas, evil spirit, and
dominating spirit; at war with its
ambitious usurpations and military
practices; al war with its corrup-tions,
which make the heart sick:
ui war with i:s centralisation, as
dangerous to liberty as secession
was to the Union; and last; but
not Kast, :!t war with ils fnianci.il
policy, which, under the lalse aud
hypocritical pretense of opposing
repudiation, is itself full of repudia-tion
and robbery of tin- people of
the United States of hundieds of
millions of do'lars.
Words cannot express the intensi-ty
of my wish to overthrow the
party in power. That can only be
done by the election of Tilden and
Hi 'idt icka io November next. I
believe that can and will bo done,
il all the friends of a better, purer,
and mine economical administra-tion
will unite ami put lnrth their
whole strength : it the Democratic
party and its allies in reform will
but put their whole strength to this ,?, •%■*
canvass now. But it is a great
work The patty in power will put
forth all its strength. There is, iu
in v opinion, such a political battle
to be loti^ht as we have never seen.
It will be all along the line, East,
West, Ninth and South.
In the excitement anil conlidence
of the moment some Eastern roan
may say we can get on without the
West. We can carry New York,
New .Jersey and Connecticut, the
Pacific States and Southern States.
We can abandonWisconsin, Illinois,
Indiana, and Ohio, aud still elect
the President. Let them not flatter
themselves under such delusive
hopes. The East can no more wrest
this Government out of the hands
of this party without the aid of the
West than it could wrest the South-ern
States from secession without
their aid. We must be aggressive,
and go for victory all along the line.
Let us boldly arraign the party for
*ts misdemeanors.
1. I maintain that all debts, pub-lie
and private, are, in law and
jiiuul faith, payable in the dollar as
the contract, as defined by law
whet: such debts were made. Any
law made afterward, which sud
deiilv. violently, and to any consid-erable
extent, changes the value or
meaning of the dollar in which
tiny arc to lie paid, is an act of in-justice
and repudiation either a-oiiitisi
the debtor or against the
creditor. The legal tender acts ol
1862 and 1863, as to debts made
before their passage, so tar as they
compelled creditors to receive cheap-er
dollars than they loaned, and
cheaper dollars than their debtors
agreed to pay were acts of repudia-tion
against creditors! which I op-posed
and for which no excuse or
reason can be given lint war neces-sity.
•_'. I maintain and charge that the
In si act pushed through Congress
by the paiiy in power, in the flush
ui victory, alter the lirst election
nl General Grant, approved March
is, I860, changed in substance the
meaning, and increased the value
of the dollar in the o 'JO's, or war
bonds of the United States, and
thereby compelled the people to pay
dearer dollars than they borrowed,
and dearer dollars than they agreed
to pay. Such chauge in the dollar
of the contract was made by the
party in power in a time of profound
peace, without any new considera-tion,
reason, or necessity, in the in-terest
of public creditors, aud a-gainst
the lights of the people, lay-ing
upon them, in addition to the
great load of war debt they justly
lion, was destroyed, and the dollar
of the contract in all debts, public
and private payable in coin, over
tive dollars, was changed against
the debtor, in favor of the creditor.
By that act has been added to the
burden of the public debt about 10
per cent. It has cheapened the pro-ducts
of onr mines and all other
means to pay : a grave wrong in
the interest of a few and upon the
people of the United States.
4. I further charge, as if to leave
nothing undone to force the people
to pay their debts in dearer money
than they agreed to pay, this same
party originated in a caucus and
under the lead of Senator Sherman
passed thtough Congress as a party
measure the act of January 14,
187">, known as the Sherman re-sumption
law, by which January 1,
187'J, is fixed for the payment, iu
gold coin, of all outstanding
legal-tender notes which may be
presented—the amount being now
about *3GO,000,000; which, with
the bank notes convertible into
them, makes the volume of our pa-lter
currency abouc $750,000,000.—
The experience of our own and
other civilized nations warns us
that to resume and maintain specie
payments after a long period of
suspension, more than one-half of
the whole amount of enrreucy, in
deposit aud in circulation must be
iu coin : and, in our case, as this
party has destroyed silver coin, it
must be in gold coin aloue. To car-ry
this law into effect January 1,
1879, the volume of paper must, iu
two years and a half, be contracted
and brought down to about 83CO,-
000,000; contracted at the rate of
more than $1 40,000,000 per annum ;
and the amount of gold coin to be
imported, above what must be ex-ported
to pay interest on the pablic
debts, must be sufficient, with what
is now in this country, and will be
produced by our mines, to equal at
least $360,000,000 in gold coin, or
about one-tenth of all the gold coin
in the commercial world.
The experiment of England, in
1819, iu forcing specie resumption
in four years, after a loug period of
war suspension, when her paper
money was only C 1 3 per cent, be-low
the gold standard, stauds a
fearful warning against the Sher-man
resumption law. By that act
of parliament, passed under the
lead of Sir Kobert Peel, anil which
may be called the Peel resumption
law, Ihe discount of the Bank of
England were reduced from $20,-
600,000 in 1820 to $13,000,000 in
1821, and the volume of paper cur-rency
fell from $241,390,000 in 1818
in 1820, and to
$170,725,000 it. 1821. As the best
historian tells us, '•The industry of
the country was speedily congealed
as a flowing stream is by the severi-ty
of an Arctic winter." Distress,
ruin, and bankruptcy were uni-versal,
affecting the great interests
of laud and trade. Land, property
and values, in the hands ot industry
aud enterprise, were by this great,
sudden and violent change in the
standard of values almost confis-cated
and passed over to the rich ;
the rich were made richer; the mid-dling
and business classes were
made poorer. In 1822, however,
parliament to some extent retraced
its steps; but too late; the ruin
and misery caused bj thus chang-ing
the honest meaning ofexistiug
debts—by forcing such speedy and
violent resumption of payment iu
gohl coin of debts contracted by
the paper mouey stnudard of value,
and by compelling the people to pay
dearer money than they borrowed,
and dearer money than they agreed
to pay, bad alteady been done. It
could not be uudone ; nor could the
broken fortunes be restored. Such
was the operation of the Peel re-sumption
law ot Kngland. Eng-land's
folly and England's crime!
in our country the volume ot paper
money is 12 per cent, below the
gold standard, or nearly twice as
great as ithat of Eugland. The
Sherman resumption law, it is
staled, goes into effect in two years
and a half, and will require greater
change in the volume of the cur-rency,
in the values of property,
and in the meaning of contracts,
than in the Peel resumption laa",
and that change must be forced in
about one-half the time. It cannot
be done. Every business man
knows that it is a menace, a hin-drance,
a humbug, a fraud, aud,
iu the languago of our platform,
we demand its repeal.
ture should be given
tions having in view en
jects so commendable
acter; therefore,
i to Associa- «„e hud" in this State, aind save our *$££%?%
inurtUheiirr,.clh«arr"- e^r1ly°' co' n"d?u' cftfe0dm, (aasnadociwatei0"a8reProiPu- »orpoec.u"reHJe tshamidut.l
the act, it shall and may be lawful,
and authority is hereby given to any
individual or persons, in any city
or county in the State, under any
name by them to be assumed, to
associate for the organizing aud
establishing homestead and build-ing
associations, and being so as-sociated
shall, on complying with
the provisions of this chapter, be a we have done so because it was the
key prosecutions in Milwaukee.
Chicago, and St. Louis. Today
Mr. Yaryan's examination was con
eluded, aud he was somewhat freer
in his statements owing to the Pres-ident's
letter. He testified regard
ing the celebrated expression of the
no guilty man es
that order had been
procured through the importunity
, D , loruieit that there are such), but of the Secretary of the Trtmanra '
From and after the passage of trom those which seek to en.orce (Mr. BrTstow) anu s^me ofZ.PreT
unconscionable contracts, aud from ident's triends. It was understood
those which violate our usury laws. "
This uot being a trial of the case
upon its merits, but only a question
as the propriety of continuing the
injunction against a sale under the
mortgage until the final hearing.—
We have said more thau was ab-solutely
necessary to say now, but
body politic and corporate, etc.—
And then the statute proceeds in
the usual way to authorize the As-sociation
to bold property, make
by-laws, and transact business.—
Bat. Rev. Chap. 12.
The declared object of the Legis-lature
is to euable and to encourage
persons, chiefly poor persons, to
save and to deposit their littles, and
when sufficiently accumulated, to
draw them out in bulk, nntl secure
homesteads. This is a most bene-ficent
act, and it is our duty and
our pleasure to sustain it.
Although not within the letter of
the act it would doubtless be within
its spirit, if the associations we.e
so organized, that, instead of a
member, in all cases, waiting to pay
iu by littles, and lake out in bulk,
he could, at the beginning of his
connection with the
taTte out in bulk and
desiie of the defendant, as it is of
other lile associations that we should
express our views, if they had been
formed, as they have been ujion
pretty lull consideration. But still,
the profession will understand that
the general question is open, sub-stituting
" redeeming" for landiug
or "premium or bouus" for an
amount which they profess to have
advanced, and yet withhold; or
" dues," for interest; or any like
subterfuges, will not avail. We
look at the substance.
We know of no device or cover
by which these associations can
take from those who borrow their
money more than the legal rate of
interest without incurring the pen-alties
of our usury laws. Calling
the borrower, " partuer," or if the
parties should desire to settle upon
association, the basis of what we have intimated,
pay back by there will be an account stolen,
littles. And that is what the plain- charging the plaintiff with |379j
tiff says the plaintiffs did in this and interest at six per cent., that
instance. If so, and the contract being tiie rate agreed on, up to the
is otherwise legitimate, it will be time of relating the accout. He
our duty to sustain it. will then have credit for all the in-
In considering the subject, it is to terest. dues aud tines, aud all other
be noticed, to the prejudice of the payments if any. which he has
deleudant, that instead of making made, with interest thereon from
its plans and by-laws exceedingly the time the payments were made.
plain, to be understood by plain
men, they are exceedingly compli-cated,
so that they cannot be un-derstood
at all by plain men, and
are explained with great labor, as
ihe twenty live pages of briefs in
this case will show. To men ac-customed
to abstruse investiga-tions,
depositing, borrowing, pay-ing,
lending, and interest, are famil-iar
terms used in money transac-tions,
but they have inserted un-usual
words, perverted meanings,
kuown only iu their vocabulary,
aud they say we must look there
for their meaning. But we must
use language which, in its common
acceptation, will explain the trans
action between the parties.
The plaintiffs borrowed of the
defendant $379, aud received that
sum in actual cash. To secure the
payment thereof he executed to the Cutter and Rtmteur—A
for $379,
And the balance will be the amount
due the defendant. This will be a
charge upon the land under the
mortgage, and for it the land may
be sold alter reasonable, time. It is
suggested that the plaintiff ought
not to have credit for the fines paid,
because they were imposed for his
default in not paying interest and
dues. True, they were so imposed ;
but then the interest and dues were
unlawful, and they had no right to
require him to pay them, or to fine
him for not doing an unlawful thing.
There is no error. This will be
certified
A true copy. Test:
W. II. liA.iLEY, Clerk.
By LEBOY G. BACLKY, Dep. Clerk.
As one who takes a dog by the
ears, so is he that passing by be
comes enraged on account of anoth-er's
quarrel.—Proverbs.
It is commonly said that the
iustest dividend nature has given
us of her favors is that of sense ;
for there is no one that is not con-tented
with bis share.—Montaigne.
Toof/wc/ie.—Saturatea small piece
of cotton in hartshorn or solution
of ammonia and apply to the tooth.
Or take powdered alum or salt on a
piece of cotton aud apply to the
tooth.
defendant his bond, not
but for $000 and a mortgage Upon I
the land to secure, not the $379,
and interest thereou, but interest
on $000 and an additional six per
cent., which they call " dues," but i
which is only another name lor in- |
terest. So that the plaintiffs agree
to pay twelve per cent, interest up-1
on $i>00 in monthly installments, I
which is equal to about nineteen
percent, interest upon $379, the
amount which he borrowed. Al-1
though this looks bad in the begin-niug
for the plaintiff, yet he is as
sured that iu the eud it will work i
out well; for, after he shall have
paid this nineteen i>er cent, for
eight, nine, ten, or some indefinite |
number of years, he will not be re- j
quired to pay any more, but his
bond aud mortgage will be stir- |
rendered, and he will be discharged j
from all further liability. |
Now, from a calculation which j
we have made, approximating, ac
cnraey.it appears that it the plaintiff
is discharged at the end of eight,
years, the shortest period which |
the defendants names, he will have
paid about ten and a halt per cent
upon the amount borrowed, nntl il ,
held longer, the rate of interest is
increased in proportion to the time,
so that it is really in the |>ower ol
the defendant by prolonging tin-time,
to oppress the plainuft in-definitely.
And all this is upon the supposi-tion,
most favorable to the plaintiff,
that he will be able to pay up his
monthly installments at the rate ol
nineteen per ceut. upon the amount
borrowed, or twelve per cent upon
the $0O0; lor, the moment he tailed
to pay his monthly installments
they begin to impose •• tines and
penalties" upon him, which tire
added to the twelve or nineteen per
cent; so that the less straw he has.
the more bricks they require. How
burdenesome these fines are wil)
appear from the fact, that for the
eight months in which he failed to
pay his monthly installments, the
interest is $24 the dues $21, and
the fines $21.00. So that, at a time
he could uot pay at all, the required
him to pav about twenty-five per
ceut interest upon thesum borrowed.
Failing to meet this demand upon
him, the plaintiff's land is adver-tised
for sale under the mortgage.
This whole proceeding is so un-conscionable
that no one|would ever
recognize it as withiu the purview
of the very beneficent statute which
we have quoted, and under which
it professes to operate.
We are told that these associa
tions are common in Europe aud iu
many of our own sister States.—
A Leaf From History.
To iirh ing
by the whiskey conspirators in St.
Lonis that thb President would not
allow them to suiter, and some ol
the President's friends urged upon
him the necessity ot giving some
indication that be was uot in sym-pathy
with those conspirators. Af-ter
considerable importunity on the
part ol these persons, the President
simply endorsed upon one of the
letters which he had received from
St. Louis, asking him to take some
action in the matter, the words,
"Let. no guilty mail escape." In
his (Yaryan's) opinion, those words
were not intended to be made pub-lic,
but were intended to be kept iu
the Treasury Department and to be
produced at any time that any
charge might be made against the
President.
Yaryan testified that he aud Bin-ford
Wilson had gone to various
newspapers and given them these
words shortly alter they were writ
ten, and that ho understood that
the President was very angry when
he discovered that the order had
been published. Yaryan was asked
how he knew that the President
was angry at the publication ol
these words. Ho replied that he
knew the fact from the statement
of Mr. Bristow to him. He was
asked to state any facts which tend-ed
to show that the President was
not in sympathy with the prosecu-tion
of these whiskey frauds or any
facts that induced him to believe
that the Presideut sought to shield
any of the persons alleged to be
guilty. He replied that he based
bis opiuiou on the delay ol the
President in removing the follow-ing
officers, who were obstructing
the prosecution oi the Whiskey
King, viz : District Attorney Ward
of Chicago, Hubbell of Milwaukee,
Vau Dyke of San Francisco, Super
visor Munu of Chicago, and Col-lector
Sedgwick and Supervisor
Foulke of San Fraucisco; the re-moval
of Gen. Henderson, assistaut
counsel at St. Louis, and his reten
tion in office ot Babcock ; his die
missal or his forced resignation ol
nearly every officer who has taken
au active part in the prosecutiou of
the Whiskey conspirators; the im-portouing
that was required to ob
tain the celebrated endorsement.—
"Let
his auger at
length of time that the resignation
answering his description waa found
dead, but no dotfbt this is false, as
they would have tried to carry him
along.
Gen. Terry and the remaining
officers are feeliug very badly. I
was standing by the body of Custer
when Gen. Terry came up, and as
he looked down upon the noble
General the tears coursed down his
lace as he said i
" The flower of the army is gone
at last."
Custer was supposed to be the
first one who died ; but though he
fell tirst we found seventeen car-tridge
shells by his side, where he
had kept them off until the last
moment. There can no blame be
attached to any one tor this tearful
slaughter. If Custer had had the
whole regiment it would only have
been worse, as the Sioux were too
many. Of course some one will be
blamed by Eastern papers, but, as
an eye-witness of the whole battle,
I cannot ceiisnie any one. There
is one poor Crow Indian on the
boat who has five shots through
him, yet he is happy, because he
lias nine scalps at his side. This
is a true statement of Gen. Ouster's
brave charge. These Sioux were
all from some agency, as we found
camp equipments that bad never
been used ; also blankets that were*
new and branded " U. S. Indian
Department."
Incident.
The death of (leneral Custer re-
Our Uncle Sam.—A Fine Old
American Gentlemam De-scended
from a Fine
Old Stock.
To the Editor of the Sun :
The ancient stock from which our
worthy Governor sprang, according
to the family genealogy (which the
writer has in lull,) runs back to Sir
Richard Tilden, who accompanied
Richard I, of England, the renown-ed
1'ieur de Lion, to the Holy Land,
and fought by his side at the battle
of Ascalon against Sultan Salad in
iu the twelfth eoutury ; from which
time we follow the regular descent
of the family through the several
reigns of the English kings, down
to Nathauial Tilden, one of its
members, who, with his family, con-sisting
of wife, three sons and four
daughters, emigrated to America
in tho ship Ann, 1023. He landed
at Plymouth, Mass., and with nine
other gentlemen from the county of
Kent, Hug, aud laid out and found-ed
the town at Scituate, according
to " The History of Scituite," tho
ttuthor of which says:
" They were men of distinguished
education and easy lortune, who
had left in England homes alto-gether
enviable save in the matter
of religious toleration. They were
the men ol Kent,celebrated in Eng-lish
history as men of gallantry,
loyalty, anil courtly manucis, and
had been accustomed to tho ele-gancies
of life in the mother coun-try."
In ISurke's "Landed Gentry ot
England" we read :
"The family of Tilden, oue of
great antiquity, has been seated iu
Kent, Im several centuries. Of
the three distinct branches into
which it separated in the sixteenth
century, the eldeel became pq -
edofthe manor of Milsted in that
county, the second removed into
Sussex, and one ol its members jNa
ihaniel) emigrating, founded (he
numerous Tildensol America while
the youngest blanch settled at
I field!"
Nathaniel Tilden was chosen nil
ing elder ot the first church in Scit
tiate, and belonged to the liberal or
moderate class of the Puritan fath
j guilty man escape," and i eis. It ia from Nathaniel Tilden,
its publication; the the American ancestor, tbatOov.
„_. the resignation Tilden has descended, be being ol
of McDonald was bold before it was the sixth generation from the stur
accepted, and the tact that he was
not dismissed after confessing his
guilt, were also enumerated as a
iileut was in sympathy with the
Whiskey King.
calls to mind an incident occurring i r
during 1 be l.te - war between the \ **^J+2**ȣZ
Slates, the mere recitation oi which
will endear his memory to many
at the South, and, serving as it does
to illustrate the chivalrous gallantry
of a brave soldier, well deserves a
lasting and perpetual tribute.
At the battle near Winchester,
Virginia, in the fall of 1861, (Oc-tober
10th) General Kamseur, of
North Carolina, was mortally
wounded—shot through the body,
whilst iu the act of mounting his
horse—and through the chances of
war was left to the mercy of the
Federal forces. General Ouster
happening to find him in the house
to which he had been carried, and
recognizing in his stricken foe au
old classmate and companion, ten-derly
nursed aud cared for him,
ministering with bis own hands to
his dying wants, and when the gal-lant
Kamseur breathed his last—
the day following the battle—Gen-eral
Ouster had his remains placed
in a metalic coffin, and with all his
personal effects, sent them by way
Washington City and Yorktowu
to Kamsent"s home and friends in
North Carolina
Kamseur and Custer had con-fronted
each other on many a hard-fought
field : in battle they were
fierce foes, yet wheu the fight was
over, each to the other was as gen-tle
as a brother, and the grief of
! the Burvivor at the death of his
foe and quondam comrade was pro-found
and poignant.
Custer's Mistake.
Another Account of the Great Buttle.
—How Cutter* Commend Wat
Slaughtered.
Lieut John Carlaud, of company
B, Sixth Infantry, with Gen. Gib-boa's
command, writes as follows
concerning the slaughter of the
Seventh Cavalry and Gen. Custer.
The letter is dated mouth of the
Little Horn river, June 29, and
after preliminaries proceeds as fol-lows:
Major Reno was to attack the
enemy in the rear while Custer
fought them in front. This would
have worked all right, as Reno had
got in their rear; but Gen. Custer,
marching down on the other side,
saw what he supposed was the front
of the camp aud made a charge
on them, the Indians giving way
aud lettitig him right into the gap.
The brave man rode in with his
300 men, and would have killed the
whole 4,000 Sioux, I brlive, if there
had been no enemy behind him.
But instead of charging the front
he was right in the centre ol be-tween
3,000 and 4,000 Sioax. Those
that were behind him keptconccaled
until he was right in their midst
dv Puritan pioneer.
IIUTORICI'S.
New York, July 10, 1876.
A pecfeet contempt of the world,
a fervent desire to go forward'in
virtue, the love of discipline, the
paiufulucss of repetiteitce, the read
mess oi obedience, the denying ol
ourselves, and the bearing of any
affliction for the love ot Christ pa-tiently,
will give ns great conli
deuce; we shall die happy.—Thorn
as A. Kempis.
In conversation shun the nega
tive side. Never worry people with
your contributions, nor with dismal
viewsil politics or society. Never
name sickness, even if you could
trust yourself on that |>erilon8 topic :
beware of unmuzzling a valeludi
narian, who will soon give you your
till of it.—Emerson.
It a teacher goes to his class with
out knowing what be is to teach,
bis scholars aro likely to come
away Iron it without knowing what
he has taught. II he has no inter
cat in Ins lesson belore be no
them, they will hardly have au in-terest
in it alter they have left linn.
He who comes liest prepared to his
class Rends away his scholars l«st
taught. _^__^^___
Heezen Wbayler, Wheexe'n Hay
ler, Whayse'u Heeler.HeePn Whay-zer,
Wbayle'n Heezer. Now,
O guard thy roving thoughts
with jealous care, lor speech is but
the dial plate of thought, and every
fool reads plainly in thy words what
is the tenor of thy thoughts.—
Tennyson.
Surmise is the gossamer that
malice blows on fair reputatious,
the corroding dew that destroys the
choice blossom. Surmise is prima-rily
the squint of suspicion, and is
established before it is confirmed.—
Zimmerman.
Many men spend their lives in
gazing at their own shadows, and
MO dwindle away into shadow of
men.—Julius Charles Hare.
Happiness is having what one
likes; contentment is liking what
one has; but contentment is only
the pale ghost of happiness.—Miss
Palfroy.
If
aud then, when it was too late, he i can't do that with those eminently
made a bold dash, ttying to out I reepeoiableend conservative naaes
through them. But the enemy Tilden and Ueudricks. You may
were too mauy. He fell about the get drnnkefu a biled owl and then
first oue, and the horses becoming can't do it.
unmanageable, the poor soldiers
were cut dowu in less time thau itl Jeer not others npon any occasion,
takes to tell it. ' if they be foolish, Cod has denied
It makes oue heartsick to look them understanding; if they In-over
the battle grouud and see the vicious you ought to pity, not re
poor fellows, some of them with ' vilethem ; if deformed, God framed
their entrails cut out, others with in,.jr bodies, and will yon scorn It:-.
their eyes dugout and hearts laid 1 workmanship I Are yen wiser Ifcan
across thtir face. They even vour Greater 1 U poor, poverty
stopped to cut their pockets to get Was designed fora motive to chari
out their money antl watches. tV) „ot to contempt; yon e»i
The most fearful sight was Colo-1 s'pe wnat. riches they have within,
nel Cook. He was a splendid look-1 gou,b.
we survive danger it steals
onr courage more than auything
else.—Niebnhr.
ne man, with long dark whiskers.
'ace all out so as to1 Superstition is the poetry of Hfe
sard, it is supposed. It is inherent in mans nature, and
isfigore General Cos-1 when we thiuk it is wholly era.lt
but his brother, sated, it takes refuge in the strong-his
est boles and corners, whence I
They dug bis face all out so as to
get his tine beard,
Thev did not disfig
ter in any way,
Tom Cnstir, was opened and _..
heart taken out. We estimate the peeps out a at once as soon as ,
loss of the enemy at 590, though ' can with safty.-Goethe.
it U hard to tell how many were'
killed as they carried most of them As the climbing up a sandy way
awav Some7 of onr people claim is to the feet of the aged so is a
rtBt Sitting Bull was killed, as he ( wife full of words to a quiet man-is
known by some, and au Indian Ecclesiasticus.