| OCR Text |
Show THE Pit ESI DEBT'S VETO. tfe cheerfully surrender oar editorial space, to day, to the Message of President (J rant vetoing the currency bill. This measure has caused fcrtat sectional animosity, and the financial initids in the country iiave been divided as to its effects. lst Ia withholding signature to the bill, President Grant has only r.rwd in conformity to the sentiments he has publicly expressed n Mveral occasions, and to the prin- r.iples enunciated by the party of which he is the acknowledged chief. That party, however, is now divided against itself on this important question, and theresult will be, in all likelihoods, the defeat of U. S. Grant for a third t2rrn of office, which would have been equally certain if he had approved it, for the inflation con flict is net vet over. Each section of the puty will btrive to place at the head of the Government a man who favors its views on this question. And unltbs a new p'trty arises, combining the best tleaieuts from both of the Jus ld decaying political organiztitious, and Grant seizes the opportunity to lead it, ho may as well give up all h'jpes of In regard to this financial question, it appears to us that the only hope n for the country's prosperity is a ces-fatio- of extravagance. Foreign lux- uries are imported in such immense quantities that the country is drained of its gold to pay. far them, and the prospects of returning to a as grow dimmer ppecie basis With the time advances. resources at our command, we should produce and manufacture what we need to consume, and stop im-iraine- rsj the current of gold continually ing Into Europe. This is true economy, and contains the only sure promise of national prosperity, and a flow- currency with a fixed and unfluctuating value. The currency bill is defunct. It is r carccly probable that a sufficient vote ran be obtained to carry it over the President's veto, and the may throw up their hats,nnd the New York Herald may take in its guns and ceas.3 for a while its jrfpir.tions for the war-patanti-inflationi- h. Veto Message. Washington, 22. the Senate of. tbe U. S : Herewith 1 return Senate till, 01 7, entitled Au act to til the aroouut of U. 8. notes and the circulation of National bunks, and for oiher purpose," without my approval, lu doing io I mutt express ray regret at not being able te give my assent to a measure which has received the sanction of the majority of the legislators chosen by the people to make laws for their guidanee, and I have . strenu-e-uslsought to find sufficient argument to justify such assent, but unsuccessTo y fully. Practically it is a question whether the measure under discussion would five an additional dollar to the irredeemable paper currency of the country or nor, and whether by requiring of the merree to be retained by the bank and prohibiting interest to be received on the balance, it might not prove a contraction; but the iact eannot re concealed that theoretically the bill increases the paper circulation less only the amount of the reserves, restrained from circulation by lite provisions of the second scotiou. The eaare has beeu supported on the theory that it would give an increase of circulation. It i a fair infercnce.there-ferthree-fourt- $100,-000,0- hs 00 e, that if the measure should fail to create the abundance of circulation of it. the friends of the measure, partiouiarly thoio out of Cotgress,would darner tor such inflation as would give tie expected relief. Ihe theory in my belief is that it is a departure from the ttnn principles of finance, the national io'ereet, the national obligations to its rreditors, Congressional p tonuses, party fledges ' on my part with the politloal patties, and of my personal views, and the promises made by me in every annual mesrage sent to Congress, and in each inaugural address. In my annual ex-rctc- d eesa e to Congress in Pec, 1600, the following passages appear. "Amoug the evils growing oot of the and not yet referred to, is that of the irredeemable currency. It is an evil which I hope will receive your most earnest attention. It is the duty and one of the highest duties of Govern ment to secure io the cuixens a medium of exchange of fixed mid unvarying value. This implies a return to a specie basis, and no substitute for it can be devised It should be commenced now and reached tit the earliest practicable moment with a fair regard to the interests of the dttbtor cla". Imoieliate resumption, if praciicab.e, would not be desirable. It would compel the debtor class to pay beyond their contracts a premium on geld at the date of their purchase, and would bring bankruptcy and ruin to thousands. Fluctuations, however, in the paper value of the meas tire of all values, gold, n detrimental to the interest of trade. It makes the man of business an involuntary gambler, fur in all hales where future payment is to be made both parties speculate as to what will be the value on cm rency, to be paid and received. ' I earnestly reccon-inte- nt j:- Last Tims. Those who wish to se for $107 each. 'If it,:, . II U and reasonable in the fir.i !i just character J. A. Heme, the great is equally reasonable 1 LOCAL ITEMS. Rebellion, I Jv M Mr. From Thurtday'$ Daily of April 23. e 1 k0w actor, must attend the Ogden Theatre on difference in the vat clsi Saturday evening the 2oth inst., when of ihiid exists to duv SARDINB CO'S holder M 9ir THE AMERICA of the in one lot Oghe will make his h8t appewrauce receive, PaMiiwa, are much bettor, Mod lose than almost three times the hall' the owl of lmpurtol Sur.line. in amount den, on the occasion of his ben6t, labor, thatthe kol.ler of the etUr "Oliver Twist" and "Handy Andy," two It is true that some who bon-considered hrMclass, have Travel. Four hundred emigrants of his best characters. ' by ex proved it to be only of second cl l?,"0 have passed Ogden, bound West, during while others who have bought i the past two days. Bender. Tais morning considerable considered second class "lahd'V" interest was excited at the depot by the pioveiitto be firstclass. TLig Mr. J. J. Dickey, the Personal from the mistaken judgment of the arrival from Salt Lake &f the old man mittee who classified the hud ni popular telegraph snperintendent, arin Bender, to be the assassin, supposed liable to have occurred in iL rived from Omaha last evening, and charge of Officer B. Y. Hampton. There the best judges. But the Z remaining a short time in our was diflerem Experience has deni..ntt; nothing very terrible about the suscity. beyond the possibility of a doubt, H pected murderer. With the exception of is first and which BONK-LKS- 3 17-l- y A hl J pur-pos- es to-du- y We are glad to see Mr. his vicious looking eyes, he did not apon the street again. He has pear like a very bud man. Fis ragged, Oct Again. W. Driver not yet fully recovered, bis ancle will not bear his weight so he has to perambulate on crutches. We hope to seehim n ommend to you such ag will thoroughly restored, shortly. insure the gradual return to specie pay. ments, and put an immediate stop to the On Sunday, the 2Cth fluctuations in the value of currency." inst.. at 2 p.m., the G3d Quorum of Sev I still adhere to the views then exenties will meet in the Secend Ward pressed. A early as Dec. 4, I8G5, the House of Representatives passed a reso- school house. A full attendance of the lution, by a vote of 144 to t), concurring members is earnestly desired. in the views of the Secretary of the Treasury in relation to the necessity of a contraction of the currency, with a Mr. Bcrgstrom has Restaukant. view of as early a resumption of tpecie opened the premises lately occupied by payment as the business in erests of the J. II. Stinger, as a firstclass restaurant, country would permit, plelging and to furnish his tables with intends action to this end as speedily as possible. The first act passed by the 4Ut the very best eatables of the season. Congress, on the 18th of March, 1809, Board and lodging can bo had, by the was "An Act to strengthen the public credit of the United 'States. (Here the day or week. See advertisement. act referred to is inserted in full.) This act still remains is a continuing pledge Citt Asskssor. Mr. Edwin Stratof the faith of the U S. to make provision at the earliest practicable moment ford, our new Assessor and Collector for with a fjr the redemption of U. S. notes in the city, is after the ooin. A declaration contained in the act with a good sharp stick, or, rather, of June vtOth, 1864, created an obligaof the of property, and value knowledge tion that the total amount of U. S. notes issued or to be isnued should never ex- a desire to do the square thing. He is ceed $400,000,000. The amouut in ac- working energetically at his business. tual circulation was actually reduced to $3oG,000,000, at which point Congress Anotu ca Death. We sympathize pas el an act on Feb. 4th, 18C8, suspending the further reduction of curren- with Mr. and Mrs. Moffatt, of this city, cy. The $44,000,000 have been regard- in the loss they have sustained by the ed as a reserve to be used in case of death their of son, Benjamin Franklin. emergency, such as has occurred on sev. eral ccasions, and must occur when Friends are invited to the funeral servifrom any cause the revenues suddenly ces, at Mr. Moffatt's residence, fall below the expenditures; and such 10 o'cloek. at morning, reserve is necessary because the fractional currency amounting to $50,000,-00- 0 is redeemable iu legal tenders on Alderman's Court. A case of discall.' It may be said that such a return of turbing the peace was settled this afterfractional currency for redemption is noon by the defendant's pleading guilty improbable, but let steps be taken for a to the charge. The witnesses waived their return to a specie basis, and it will be fees It cost him $15 greenbacks. found that silver will take the place of This is the first ease that's been before fractional currency as rapidly as it can be supplied. YYheu the premium on gold the Alderman for a month, and there Las retches a sufficiently low point, with the not been a case of disturbance, fighting amount of 0. S. notes to be issued and or drunkenness for six weeks. Indeed, fixed permanently within the proper limits, and the Treasury is so strength- there have only been three or four cases ened as to be able to redeem them in during the present year. How's that for ooin on demand, it will then be safe to Ogden? inaugurate a system of free banking with such provisions as to make compulsory Monstrous. J. II. Stinger has brought redemption of circulating notes of banks us a mammoth loaf. We didn't know in com or U. S. notes, themselves rethere was spare tiour enough in town to deemable and made equivalent to coin. As measures preparatory to free bank- make such a "biscuit." It . is white ining, or for placing Government in a po- side and a pale brown outside. It isn't sition to redeem its notes in coin ut the earliest practicable moment.thc revenues light though, but its weight is due to its of the country should be increased so as size and not to its quality. The flavor to pay the current expenses, provide for is good and the make up pleasant to the the binking fund required by law, and eye Stinger is a dough, also for a surplus to be retained in the of staff the and his moulder, specimens Treasury, in gold. I am uot a believer of be life obtained can in any artificial method of making paper every day at J. money equal to coin, when coin is not Stanford's store, Fifth street. owned or held really to redeem the promise to pay; fer paper money is Thb Missing Woman. In another nothing more than promises to pay, and valuable exactly in proportion to the column will be found a description of amount of coin, it can be converted into. Mrs. Hansen, of Ogden Valley, who has While coin is not used as the circulating been missing for nearly two weeks. Mr. uiedium, or the currency of the country W. R. R. Stowell corroborated to us this is net convertible in'.o it at par, it becomes a:t article of commerce as any morning the statement of Mr. Hampton, other product, too surplus will seek a that a woman answering to this descripforeign market, as well as any other and speaking in a language he surplus. The balance of trade has noth- tion, could not understand, attempted, a do to with the of the duties ing question on imports being required in coin to week ago last Friday afternoon, to go create a limited demand for gold, and to Ogden Valley by Taylor's taoyon.but about enough to satisfy that demand was corrected and told to retrace her remains in the country. To increase this supply I see no way open but by steps to town. Oq pointing northward, government hoarding, through the means she was warned against attempting to above givea, and possibly by requiring reach Ogden canyou by crossing over National banks to aid. the bench, on account of the river interIt is claimed by the advocates of the measure herewith returned, that there vening, but after leaving the vicinity of is an unequal distribution of the bank, the lime kiln, she was seen crossing the ing capital of, the country. I was dis- bench northward, and there is little posed to give great weight to this view deubt that she fell into the river and of the question at first, but on reflection it will be remembered that there still was drowned.' Search should be made remaius $4,000,000 of the authorized at once for the body. bank assigned to the States having their quota Dot yet taken, la addition to this the States having less Died. than their quota of the benk circulation In this city, this morning, the 23d have the option of $200,000,000 mora to be taken froru those States having more inst., of rheumatic fever, Benjamin than their proportion. When this is all Franklin, eon cf Armstead and Mary taken up, or when specie payments are Jane Moffatt, aged 15 years, 7 months, fully restored, or arc in rapid process of and 6 days. the restoration will be time to consider " lOa.mv'Prieads Funeral ,.V t f question ef mere currency . , 4 U: 8. GatKT. are invited ti'attend." legi-kUu- FiriT-TitiRn- tax-pay- first-clas- s n n"i unkempt, dirty apoearacce was against him, but he looked more like a grizzly old imbecile than an old grizzly bear. One man in the crowd, stated that he had seen Bender, and he was satisfied this was not the man. His identity is not yet settled, but it will be, in a few days, as the prisoner was taken cast this morning, and when brought to the vicinity of the crimes, it will soon be kaown whether he is the real Bender or Dot. is second clu8 ? and mistakes whi3h may have been mil in this direction, ess only be rCtifl!I by the people following ihe adtlCe f the Board of Arbitration, and all lauJs belonging to dissatisfy sons, Should the people conclude to follow this advice, I would respeci fully to them the propriety of assent,,. f tax on each man's land, according i0 ,jj!! value; or, in other words if 0e man through the help of the water, can raU, forty bushels (f wheat per acr, wiiluh same amount of labor that another can raise twenty bushe's, then accoiding ttt my view, the former ought to pay the amount ef tax. ' ,... dou-bl- a John Tnosirsnx, CORRESPONDENCE. Hoor-BK- , Hintsville, April 21, 1S74. Epitox Ogden Junction : Sir : On Sunday last, three gentle- men from Ogden, members of the High Council, met with the peple of this settlement and were accepted by them as a committee of arbitratoin between the officers of the Hooper Irrigation Company and those members of said Company who have objections to the payment of their proportion of water tax. Having been present at said meeting, as an individual I can ttst'ify to the manly and straightforward ronnner in which tbej did business. Their nrgnmentf. in my estimation, were characterize I by good judgment and sound sense. Nor have I heard of one be he Mormon or otherwise who has an opinion to the contrary. As there wai mere bucincss on hand than could le transacted on that occasion, the meeting was adjonrned till the following Sunday at 10 o'clock a.m. Amongst other objections brought forward by delinquent was the fact that several of them owned land that was worthless, and could not produce to them even the cost of the water. To meet this difficulty, the board of arbitration recommended that a committee be appointed from the people to examine and classify all lands so complained of; and it is in regard to this decision that I wish to offer, through ihe medium of your paper, a few suggestions to the people of lloopr. My reasons for this course rests in the fact that, not beinf in the Mormon faith, I have not access to the public ear ia an assembled capacity when the matter can be discussed; and therefore, Mr. Editor, I apply to yon. hoping yon will allow me the ppaee in your columns for a few remarks on the subject. Tb true basis of taxation in all civilized nations rests on the righteous decision, that men shall pay tax in proportion to the value of the property they own. And if this be true in rcgnrd to her taxiitton,why should the'r bean exception made in regard to water tax. The object in making the Hooper Canal was to bring under cultivation a portion of country before barren and unfertile through lack of water, but which, since the water has been applied to it, has proved to be one of the best farming districts in the Territory. But like all other farming districts, the land is of unequal value, a portion of the farms being of very poor quality. Those owning a poor piece of land deem it unjus t that they should be compelled to pay the same amount of tax as men who own land that will raise them three times the amount of produce, and that too with a great deal less labor and care. On the other band, men who are the owners of land, reason that the holders of second class land draws as much water from the canal as they do. and therefore ought to pay the same amount of tax. Now, I think a little reflection will convince any reasonable mind that it is not altogether the amount of water that a man receives that he is benefitted by, but the amount of produce raised by its application to his land. How much good would it do a mansupposing he had the whole of Weber river at his command, if, by its application, his land still refused to raise a crop? It is only from that which he produces that he is enabled to pay the tax. Again, if men pay tax in proportion to the amount of water they draw from the canal, it follows that those men. who draw ne water therefrom will be exempt from taxation, and every man who lias been fortunate enough to secure a farm that is watered by soak age from the ditch, could avoid its payment. , In the commencement a difference was made in the price of water claims on the ditch. Men holding a firstclass twenty-acr- e lot were required to pay the sum of $197 to secure the water right thereto. while those owning second clats lots of name dimensions, purchased their cUtms exp-ess- ed tax-paye- rs first-cla- ss Editor Junction April 22, 1874. : Sir: On April 11th a woman by th name of Ellen Hanson left her homeia Huntaville and went to Ogden to dojome trading. Since the day she left sLe hi not been seen or heard of. She had o& a black dress, and a long black cape with fur around the wristbands. 8be U fifty-si- x years of age, thort in stature; her hair slightly tinged with grey. Please insert this in your paper. Any information concerning the whercahjuu of the said person will be thankfully received by Anbers Hansos. Hollisteri!)' Four Hundred. From the N. Y. Sun. A Utah correspondent sends us n account of a raid made on the people of San Pete county, in that Territory, ty deputy United States marshals acting under orders trom the Federal King in Utah, which has resnlted in numerous arrests of honest farmers for alleged violations of the revenue laws. The people of San Pete county are mostly Europeans by birth, and. have always beta accostomed to the use of beer as a beverage. Every farmer has been his owa brewer, growing the wheat and barlej which he makes into malt, from which, with the addition of wild heps, a mild but tolerably palatable table beer is produced. The wives or hired girls of the farmers have generally done the brewing, (be contents of as ordinary wsfh tub being tbe largest quantity of material converted into beer at any onetime. It has been customary for tkj farmers to borrow of each other when their barrels ran low, aud somesthnes to exchange a for ss small quantity of equivalent in other products of thefaru. For this the unfortunate San Peters have been pounced upon by the vigilant representatives of the United States Government, and quite a cumber of them have been mulcted in penalties varying from $C0 te $210, on the ground that they, were "brewers f beer," and' bad not complied with the laws regaining the manufacture of malt liquors. At the next session ef the District Court some four hundred cases of this description are to be tried, when tbe majesty of the Uw will doubtless be fully vindicated. In tbe meantime, in consequence of the judicial muddle created by the absurd action of Chief Justice McKean and other Federal dignitaries, countless easel of flagrant crime, including murder, hors-of estealing, counterfeiting, and larceny to every degree are continued from term in mauy term without trial, the offenders instances being taken from the custsdy of the Territorial authorities by the United States officials and dismissed without punishment. But these small beer cases have money in them.and tbey will probably receive prompt attentien from tbe Federal judiciary. home-brewe- Bridgeport is sure that spring coming because she is to have a cus April 20. cir- W A v.ry r.pid, f. and vi money, is to procure territory too introaor to wopted eyery nselol inMiiB )twt by .very ooe,Tery wLers. ho hiw full liwd f ewlne machine with Tbl. "wJM I?C"'' tor vwty $t0 that dots the nm work $80 for, rnpld. niPoth and!arr jon wonM will miw a Man. to strong lh cloth th utitcl.ri rip upHrt. Kipht new forail work and the improvd how uir r ued ty vi onlv. ASnli oi.ly r.c-iu mwration to wilt in every botue they enter. nr 5 and upward rlf ard daily hj Mnart M l.n.ar.h n im over off. red t any tJ. iht ty .'V; " 3S,d00 fold Demand known. lt yr.evry IncrrM-u- lWMniu jw mm... dsy wbtre VTVTv,. Mi..lter. J ..dM. Uwret.. M P rhii.isU, Tailors Ac. rcon.Md them tpw R.ghif pireu tree tormwrite for no afj'ncy ,t;,ori.""7jj your pti.ee, f mmily or a relation. bHtaririo cheap. MachluM ln- of K' tbe country on n ceipt Tl,,!,- io - ti...ent baxinuiifdO nother art vd in et this paper. torn. Robmit J. ittlAKJ '"'"r r '7 C1 -a- m VTTuJV |
