| Show sew NEW I 1 tue THE new york medical med ical society held hold a meeting on the evening of the instant and a paper was read before it by dr jacoby on the new unaesthetic anaesthetic An aesthetic invented by dr Lei lel lembright bright of berlin in july last called hydrate of chloral he had experimented with the agent on a rabbit into which he had injected fifteen grains of the new substance the rabbit was exhibited before the society and in the presence of that body he repeated the experiment and in ten minutes the animal wius was completely unconscious its muscles relaxed andyes and yet its respiration went on regularly and quietly he detailed the results of his practice with the new now agent during the three weeks since he had brought it from europe and in every case it had been attended with perfect success success inducing when the most bow how powerful erful narcotics had bad failed a long peaceful and refreshing sleep from which the patient had waked without headache nausea or sickness of any kind and always with increased appetite another doctor confirm confirmed edthe the tho statement of dr jacoby and said that its effect was superior to chloroform ether or morphine he said it must be given with water with mucilage or orange peal and in this thin form it was a pleasant medicine THE defeat of horace greeley who ran as its comptroller of new york state on ti the ae republican ticket at the election on the and 2nd dinst has disappointed his hla friends and party who counted largely on his popularity it is consoling however to him to know that he ran ahead of the ticket tim new york world comments on an article in the london economist respecting spec ting En glands debt policy an and d endorses the idea which england has adopted of preferring to reduce her taxes to reducing her debt it bays says england in spite of her coll debt and in spite of her making no attempt to discharge it has the most solid credit of any nation no nation can borrow money at so low a rate of interest the foundation of british credit is confidence in the national resources and their wise application no holder of british consola cares whether the government ever pays them or not BO so long as he can go into the market and readily convert them into money the world then proceeds to argue that the credit system is one of the chief agents df of modern prosperity and th that a t if it can be used to advantage by individuals it can also be used with equal advantage by nations JA A people can borrow in their national capacity at a much mud i lower rate of interest than individuals can in their individual capacity english statesmen have deliberately libera tely settled down into the conviction that the money required to pay off the national debt is worth more to taxpayers and is earning more in their E hands bands an ds than it would in that of bond h holders elders therefore they judge it to be the t he better policy to reduce the taxes instead s of the national debt and the world bays says if this reasoning is unsound unbound as applied to america let its fallacy be exposed leaving the inference to be drawn that it is in ini favor of the maintenance of the national debt |
