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About The Plattsmouth daily herald. (Plattsmouth, Nebraska) 1883-19?? | View Entire Issue (May 21, 1883)
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PLATTSMOUTII, NEBRASKA, MONJY EVENING, MAY 21, 1883.
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THE DAYLIGHT STORE!
Full Line (General Merchandise.
Largest Stock and Lowest Prices.
Call and Satisfy Yourself
JOSEPH V. WECKBAGHS.
Oh, Yes !
tar Efa (SdDdDdQ.
Lave arrived, and I will continue to sell
Dry Goods & Notions
r..ii r;...Hl, Trimming Et. at i.owni: pmrr." thnn
any other Louse in tlie country.
Also a full line of
at prices to defy com etion.
W. II .
IP. J. UflANSIEN,
Also Choice Brands of Flour.
Aent for the German Fire Insurnce Co., Freeport, 111.; German
Fire Insurance Co., Peoria, 111.; Manhattan Life Insurance Co.,
Western Horse and Cattle Insurance Company,
Fire Insurance Policies Issued in the English and German Languages
Steamship Tickets sold from and to Europe over the Hamburg
American Packet Co., and the North-German Lloyd. Agents for
100,000 acres of land on the Northern Pacific railroad in Dakota.
No old stock to work off. The latest patterns ci
GLASS JLISTJD GTJEEIsrS"W-AJEE3
FLOUR. FEED AND PROVISIONS.
i. Market Price paid for Country Produc
DREW BUILDING, PLATTSMUOTH.
At Wholcsaleand Retail. Cash
paid for all kinds of country
produce. Call and see me
Opposite First National IBank.
ZAIheitcriticisma of Cal's, driving
DAILY, dfllrered by carrier to any part of th.
WEEKLY, by mall.
Ooe eopy tlx months..
One copy ou year
.. -i oo
Rrchtered at tli. Post Oic, Plattiraouth.
second elan matter.
GRANT AND McCLELLAN.
It is perfectly wonderful to notico
with what promptness patriot
like the editor of the Omaha Herald
get to the front when a war-failure
democrt like llcClellan is mentioned,
and how venomous they grow when
they speak of General Grant in con
uection with his advance upon Rich
mond. These gentlemen, to use the
vulgar phrase, will "never stop kick
ing themselves" because Abraham
Lincoln sent Little Mac to the rear,
and the hero of the southwest to the
front to take charge of the Potomac
army, and also because when General
Grant did take charge of that array he
hammered the very life out of Dr.
Miller's "great and good man, Hubert
The trouble is, these gentlemen who
thought the piosecutiou of the war.
anJ the freeing of the neroe. was
was wrong at the time it was bring
done, yet bellcvt it was wrong; and
that belief will forever prevent them
from taking a sensible or fair view of
the achievements and triumphs of
Grant and his captains. The capture !
of Richmond, the restoration of peace.
the unity of the nation, to the minds
of thes2 gentlemen, are all dwarfed .
to insignificance in the pr3gnee of t
the blood and treasure they cost ; hence
they sneer at Grant as a butcher; they
never stop to estimate the lives and
treasure wasted under McClellan in
his advances and retreats in front of
Richmond, nor take into account the
empty hands be brought the nation
from each one of bis disastrous cam
paigns, Grant realized that war was a
dreadful cruelty ; he knew full well, all
else being equal, the army which could
stand the most punishment would
win. x -
The greatest captains of the age,
preceding Grant, Napoleon and Well
ington, meeting at Waterloo addressed
themselves to settling the destiny of
Europe in the same manner. Cool cal
culation, and endurance to bear the
punishment, won the day and upon the
night of the 18th of June 1815. the en
tire aspect of Europe was changed. So
with the hero of ' appamatox who
comprehended the measures and forces
necessary to be employed to drive Lee
and his almost Invincible army from
Richmond, and who had the ability to
use and direct them. If he lives until
his star is dimmed by comparison
with that of the " War-Failure-McClellan
he will have many chances yet to
be president of these United States.
WISDOM IS IN WAITING.
To extremists on either side of the
tariff question, the following extract
from an able article, addressed to tariff
tinkers, from Frank Leslie's 111 as t ra
ted Newspaper, will prove interesting:
' No mine owner or manufacturer is
justified by any operation, direct or in
direct, of the Tariff Act, in demand
ing from his workmen a reduction of
wages in ani industry in which our
domestic production is so much larger
than the foreign capacity of supply as
it is in coaL pig iron, lumber, salt, wool
and woolen goods. The duty collected
on all these articles is, in most condi
tions of the market, a revenue duty in
the sense that it cannot be added to
the price of the entire product, and
hence when removed it makes no cor
responding reduction in the price.
We know that a few gentlemen testi
fying before the Tariff Commission
took a different view of the matter;
but we think the aggregate judgment
of the business interests of the coun
try is with us on this point, and that
those who differ with us are mistaken.
It is all important, however, that the
utmost stability in all industrial ope
rations be preserved, and that the la
bor market be- distributed and excited
as little aa possible until the actual
and necessary effects of the Tariff Act
can become known.
While we tender this advice to the
capitalists, enough is known of the
general condition of the market for
manufactured goods to indicate that
nothing in the Tariff Act can tend to
put into any product a higher price
than it now - bears. Without a higher
price for the product there can be no
higher wages, except as the processes
of production . may be so improved as
to achieve a larger product by the use
of the' same ' Quantity of labor. No
such improvements in processes are
likely to cut any figure in the imme
diate question' of the adjustment of
wages for the summer.
"To the workingmen. therefore. as
to the capitalists, we tender the home
ly advice which President Lincoln, in
the gloomy hoars of 1803, sent by tele-
graph, in response to an impatient let
ter fiom ' the . impetuous Governor
Yates, of Illinois. The President's
language was; Wait, Dick, and see
the aalvaUon of tbe Lord!" Dick
Yates wated, and saw - and was happy.
It is good time bow for all parties to
- make haste : slowly." "Let wall
enough alone. Half a loaf la bettsr
than no DCtad. In fzet,". tccra era
several beshcls . of taazims on head
whicherx. tzzxt tt tTcs clTi, If X$9
andT rtkU aot&lnlUTeM
Jkrji Duitm was. A very nice man
after all. 60 Mr. Btorra made him oat.
Thx eloqoentt Inrsoll is talking to
the lory la the star ton to cases. We
predict it will be no six days address.
Thk latest sensation Is the Chicago
Times "Possible Presidents, iirwhVrti
Grant is put forward as a poftriblc can
didate fo the democratic party, where
upon the Times proceed.es to give a very
long minute and valuable sketch of the
silent man's history, both ciril and
The Adams County Democrat evi
dently doesn't like the political senti
ments of the Herald. For this we are
very sorry. We supposed wo were
pleasing the editor of that polished
journal immensely. We are satisfied
from the notice he gave us he is
not very favorably impressed with
the tone of our editorials. If his paper
and constitution both hold out long
enough, we think we shall be able to
more favorably impress him. The Dem-
ocrat is a democratic paper of the "old
school," and evidently understands the
force and effect of the democrat
ic arguments of the olden time. We
don't know the editor of that paper
but we are thoroughly satisfied he u a
nice man and a perfect gentlemen.
A cute of small-pox in Omaha should
be a reminder to thU city of latt years
experience with the dreadful scourge.
The cold backward spring is conducive
the disease and our board of health and
city authorities cannot be too vigilant
in iruaruinsr the city agamat another
visit from this loathsome disease,
Plattmouth caonnafforfl 3noihpr iip?p
of !-m II-joi.i
Tornados and cytlones have been the
order tithe day for the past week. In
Illinois dispatches bring the news that
Sangamon, Logan, DeWitt and Morgan
counties were visited by a destructive
storm or tornado on Saturday last, re
sulting in great damage to 11 fo and
property. It is said to be the severest
storm that ever visited central Illinois,
The Nebraska storm at Valporaiso
proved, as we' predicted, to be a small
affair, resulting in very little damage to
property and no loss of human life.
Judge KeCrarys Decision in the case of
Baldwin vs. Otoe Co.
The bonds spoken of in the following
article from the Omaha Eerald, if we
recollect rightly, were voted by the
county of Otoe to a railroad built en
tirely upon Iowa soil. After protracted
itigation, it is the same old story, the
bonds are held good, and Otoe county
must pay them.
In 1866 Otee county issued $40,000 in
bonds to the St. Joseph & Council Bluffs
railroad to secure a direct eastern rail
road connection. After paying the in
terest for about six years the county re-
Judiated the bonds. About a year ago
. T. Baldwin, being the holder of thir-
ty-nve,ana the unpaid coupon s Drought
this action. Some of the coupons were
more than five years past due when the
action was brought. . xhe, county de
fended by pleading the statute of lim
itations to the coupons due more than
five years before the action was brought
and to the rest claimed tnat
the bonds were:, absolutely void
in the hands. of a bona-
Aide holder on the ground that they
were issued without the authority of
law. In 1866 a statute was passed
authorizing the county to subscribe
for stock of any railroad company
which should give to Nebraska City an
eastern railroad connection. These
bonds were donated to the company
and it was contended on behalf of the
county that for that reason they were
not authorized Dy ine statute. . in the
same year an act was passed authoriz
ing the county to issue oonas . to aid
works ef internal improvement pnn a
vote of the people, given . by four
weeks public notice. It appeared that
the publication . was only for three
weeks, although it resulted in a vote
of 1,362 for and 2il against the bonds.
beintc a majority of 1,161.
In an action - In the state court.
brought by one Hamlin against the
treasurer of the county, an injunction
was allowed restraining him from col
lecting taxes levied to pay the inter
est on the bonds, and the supreme
court of the state affirmed the judg
ment. It was inciste 1 in this action
that this decision was decision of the 1
case in tne united states court.
These are the points relied upon by
the county to defeat the bonds. They
were elaborately argued by Hon. U. P.
Mason, Col. J. N. Snasnbaugb and
Watson & Wodehouse, attorneys for
the county, and by Hon. J. M. wool
worth for Baldwin.. -
The circuit judge (McCrary) held
that the statute of limitations was a
good defense to the coupons, which ma
tured more than Qve years before
the action was bt ought, which it
is understood cuts out about
$10,090, but held that the bonds
and coupons in the hands of
bonajld holder were legal, and dir
ected Judgment for Baldwin upon them,
the amount being 19,737.65. It is un
derstood that Judge Dundy dissented,
and a certificate of division of opinion
between the judges was directed. - The
judgment makes all the bonds valid,
And cnts or all defenses in future ac
tions. which eiv.fc the case ffreat im-
noriance to the county. ' After the
opinion of the court was announced,
aoeio conversation , took place with
Jn4 llcCrarv about the statute of
doubt whether the judgment would not.
wban entered, be for the whole amount
claimod. IY twderstand ail questions
TH3 FUDUO DE3T.
Attention is again drawn to the al
most marvelous rapidity with which the
national debt Is bclag liquidated, by
the fact that 10,000,000 of government
bonds will be redeemed this month. la
1791, or nine years after the close of the
revolutionary war, tho public debt wss
75.463,476: in 1815, just after the sec
ond war with Great Britain, it was 99,
ow,ooo considered an enormous sum
at that time: in 1848. at the conclusion
of peace with Mexico, it was $47,044,-
802; in 1805, at the end of the cItiI war.
it was f 2,630,647,869 a total increased
the following year to the sum of 3,773,
236,173, which indicates the high water
mark in the national indebtedness. At
the present time the total is, as nearly
as may be stated, $l,VG8,;;rj,i95, of
which $445,399,170 does not bear inter
est. Here is a decrease in sixteen years
or about Wtt4,9:.'S,l9 or more than 30
per cent, of the total certainly an ex
traordinary exhibit. France owes ap
proximately 3,972.407,000, ani Great
Britain about $3,870,2;.' 1,000.
The enormous increase m the national
wealth since the war accounts for the
marked reduction in the public indebt
edness. Mr. Mulhall, the well-known
statistical of the 1 loyal society of Lon
don, places the wealth of this country at
about 49,77O,O0O.00O. or more than
nine billions It excesa of the wealth of
Great Britaiu. It is noteworthy in this
connection that, during the last
five years, our exports have ex
ceeded our imports by athouml mill-
hous, and that the imnnnratioo uurinir
that time has equalled the population
of the third state in tho union, namely.
Ohio, with lies 3,198,000 souls. It in
atao significant that, whereas Eu"lih
investors at one time, not so many
years ago, r el used to pay more than
thirty-five cents, on a dollar for our
bonds, paying six per oot., they now
very readily bid for these paying
onlr four per cent,, and even take those
pajiDg but 3i per cent, at 103;. Times
have indeed changed. As late as 18C9
me dolus 01 tne united btatcs were
quoted at lower prices in the London
market than those, of Russia, Egypt,
Chili, Brazil, or even the Argentine
Republic -.though, in the following year,
there was a rise of thirteen per cent, in
our securities. Some leading English
journals in 1870 thought it necessary
to remind this country that to attempt
to liquidate any portion of the national
debt in greenbacks, instead of gold,
would destroy American credit not only
in Great Britian but everywhere else.
No such reminders are now considered
necessary; it may be doubted if they
were not at the time wholly superflu
ous. The achievements of the past point,
let us hope, to even greater progress in
the future. Frank Leslie.
John FitzgebAlL), a. W. McLaughlin
OF PLATTSMOUTH. XKBRA8KA.,
Offers the very best facilities for the prompt
transaction of legitimate
Stocks, Bonds. Gold. Government and Local
8ecuritie Bought and Sold, Deposits receiv
ed and interest allowed on time Certifi
cates, Drafts drawn, arailable iu any
part of tne United States and all
the principal towns of
Collections made & promptly remitted.
Blgnest market prices paid for County War
rants. 8tate aud County Bonds.
A. K. Touzalla.
K. C. Cuihlng.
John K. Clark:.
Geo. K. Dovey. . v. wait.
A. W. McLaughlin,
WBBPINQ WATER. - NBB.
E. L. BEED, President.
. B. A. GIBSON, Vice-rresldent.
B. S. WILKINSON. Casnier.
A Guenl Baiilu Buuess Triuactei.
. StBPeWlTS ,'.
Becoivod. and Interest allowed oa Time Certi
Drawn available la aar part of tke UaLted
States and all the principal cities of Burope.
A gent$ for the celebrated
Mini Line of Stem
Cotner Mala and Sixth Streets. 7
JOHN BLACK. President, )
M. PATTKBSON. vaanior. 1
Transacts a General Bastixx Bniiess.
HIGHEST tfJEsH PRICE ;
Paid tor Countv and Citm Warranto.
- co&LBcnon blade, .
and promptly remitted for.
Joan Blaek. J. If. ratUnoa. C. H-FarmoU.
V. B. Qathmana. J. Morrlsaey, A.
.1 i .
undersells any of his competitors. by 25 inr cent. Bcaaons why, he has
been an old experienced Clothlcrjcver since 1831, knows how to
buy, pays no rents and buys for cash.
Remember the Twenty-Five
SAVED BY BUYING
MArMCF.TJF.T.. LAF.TiAFOTiF TTF.TCTtTNfi, TRTTT. vTTT.F v A I.
COD A-o a choice lt vf
Wo have a fine
GHQWE FAMILY GR 0 &EBIE8,
I havo in Htoc
Queensware, Glassware, Lamps,
&ev All our goods ate new and freeh. -
fill Eickaiiie lor Country Produce. Linseed Oil Meal Always on Hani
' Next door to Court House, Plattcinoutli, Neb,
lid M. B MURPHY & CO.
Corner Pearl and
TTI3CF.P fAzXTTS, XXZ3,
1 JQEmO WS&QQ.,
DEALERS IN '
Hardware, Stoves and Tinwaro.
. a: ' :. " "... ,1
Te beat and 'most complete assortment in the city. In the EOCHTTw-
rtxncx. two doors west of Carruths. Call and bxx vs.
- -.ar S3 B4B
Per Cent. Sared
AND MISSOURI FLOUB.
a 11 uo line of
ALL KINDS OK
AIL FOR SALE DV
my." m Ine ItOCKWO
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