The Expositor, 1869-05-21, Page 20
EI
NOTICE TO ADVERTISERS.
----
sin. advertisements muet be'� given in by
Wednesday noon.
Ghangee of Advertieemente, which are spe-
cially- arranged for weekly changes, by
Tuesday noon.
Changes of Advertisements, which are not
specially arranged for weekly changes,
Eby Saturday night.
We cannot guarantee insertion unless the
above be complied with.
+ BusINF ss NOTICE.—All accounts for ad=
aertising and Jobbing must positively be set-
tled Quarterly, on the 15th days of March,
Tune, September and December,
the xp.oitoi.
The 'Official Paper of the County.
. FRIDAY,. MAY 21, 1869.
THE QUEEN'S BIRTHDAY.
The 24th of Day is at hand, and
calls upon all loyal Canadians to do
honor to that Queen whose. virtues re-
flect such dignity on'her'sex, and glo-
ry on her position. Her , worship, if
it may be decried when running
to an extreme, is -nevertheless inher-itent
to our race. We . naturally and intui-
tively render homage tc genius, let its
origin be ever so humble or its garb
ever so homely. The _exhibition of
any virtue that stands the test of temp-
tation and sustains its possessor when
surrounded by difficulties, has in all.
ages commanded thedniration of the
world. - True military genius of all
'others,is the speediest pathway to fame.
°In proportion as a people loves glory,
or fears danger, so is the enthusiasm
'with which they receive the man who
procures for them the one, or protects
them from ' the other. Napoleon I
dazzled the French, because he bound
around their brows the chaplets of the
conqueror. _ Washington has' become
the idol of :the Americans because he
Ian the -foundation of their independ-
ance. In the same way Shakespere
has become England's most. renowned
hard because he has shown to the world
the power of English genies, and
Burns will ever be revered by Scots
as a native of their - romanti hills, ' be-
cause his songs echoed with a genuine
tru'thfuliness the character of his own
people, and paint with true colorsher
wimplin burnies, her bonny daisies and
her humble cottagehones.
Queen Victoria has new for upwards
of 3.0 years held the proud position of
Queen of En -gland. Her reign has
been more auspicious than that of
any of her predecessors. Under her
government England has made gigan-
tic strides in civil, connnerc l and re-
1igior4 liberty , The resources - of the
-empire havebeen vastly increased, and
many -at e the amOliorations socially and
politically which ave' taken place.
We in Canada have also shared in
the pi osperity.. Our people _are con
teuted and happy --our government is
loyal and considerate, and our institu-
tions are every day [ becoming more con-
eolidated. In whatever respect we
teintemplate our p 'esent condition we
have abundant cause of congratulation.
We have then the 24th. of May as a day
on which we can give expression to our
loyalty, ` Our fealty to our sovereign
is bort another mode of expressing our
-:love for the government ofewhich she is
the head, and when we join with those
who shout " God save the Queen" we
'are but reiterating - in another form
`f God save the institutions of the coun-
try." It is meet that we should do
this. No true citizen would wish :ill to
his coun'ryq or his country's equeen.
Let these two ideas be distinct and yet
United. As the. different colors of the
the rainbow side by .side, constitute the
" bow of promise," spanning in distinct
tut united hues the landscape so Iot
-loyalty to our sovereign and love to our
Own .instrtuttons, span with a glorious
radience the lovely homes of Canada,
afi'crding an assuranee that these rera-
tions shall not be dissolved, so long as
justice actuates the one - and gratitude
inspires the other.
THE contract for the Lunatic Asylum
at London,F has been given to a Brant-
-ford firm, whose tender was un.ier
1120,000, while the highest Tan up to
over $2.00,000. The offers from Lon -
den ranged from $150,000 ,to $170,000,
ezta some `seven of ers were made by
cepa nerves between thoae-1 amounts
casts 4Lw vvr%SG -
THE SEAroRT}t EXPOSITOR..
.BA
THE GOVERNMENT NKING
SCHEME.
A Forced Loan.
Gn Friday last, Mr. Rose brou
down his long talked of Resolutions
Banking and Currency, and we
forced to . confess that a scheme m
fraught with 'danger to the best int
eats of the country, it would be"d
cult for her worst enemy to concei
The resolutions are long-winded
specious but in plain English,
amounts to . the withdrawal of "t
whole present bank circulation, and
forced loan from the Banks to the Go
ernment, of whatever means they ni
-afterwards have to carry on. the bu
nese of the country. If .the ban
were merely to be coerced into the
demption of their circulation, and c
fined to the use of gold for all futu
transactions, the effect upon comrner
would not be nearly so bad as wou
the operation of this monstrous pr
position, if fully carried out.
Mr. Galt's scheme of 186 where y
he proposed to substitute governme
notes for the bank circulation, was ba
enough, and roused such a storm of o
position that the .government we
obliged to abandon the greater part
their measure. But bad as that wa
it must be admitted" to have been
embodiment of justice and wisdom i
comparison with this scheme of M
Rose's. Galt wanted to use the circ
lation of the country for the benefit
the government; but he at least wa
willing to bear some share of the bu
then' of providing for its redemption
Rose on the other hand not only want
the country to take his - greenbacks an
pay for tl-om in gold ; but he _.als
wants the banks to provide for their re
demption after they have purchase
the notes with gold, or its equivalent
So that if this precious scheme
hould become the law of the land
very dollar that •our. banks shall us
intheir business, it actually costthe
a dollar . and twent y cents in gold
ence, we say, abetter do away- wi ank notes altogether. Where is th
se in going to all the expense of en
graving and issuing bank notes, if fo
very one that we use, we must pay on
nd one-fifth in gold, thereby reducin
till further the capacity of the bank
or supplying the necessary accommoda
tion! to the public. If our present ban
irculation,is of so. unsafe a characte read require redemption „d removal,
then we say, let the banks be confined
o their specie,. and the country will
oon find out its mistake, though it be
t the expense of universal ruin and
nkruptcy which would inevitably
follow. The advantage of this plan
odd be its simplicity, there could be
o mistaking the cause when -the of act
was . felt ; but . while . this scheme' - of
Ir. Rose would as certainly bring
bout the same lamentable results,
ere may be some difficulty in a uni-
ersal public admission - of the cause,
n account of the mysterious machin-
ry in which the mischief is shrouded.
The only attempt at an argument in
vor of the scheme, is that a somewhat
miler system is in operation in the
ighboring Republic. In other words
e are advised to adopt, in a time of
ace and prosperity, the very worst
gacy bequeathed to that country by a
ng and most disastrous war. We are
ked to adopt a system of currency
which was 'forced upon that people by
e extreme exigencies of war and ex-
ustion, and which is even now hap-
ght
,on
are
ore
er-
ifTi-
ve.
and
it
he
a
v -
ay
si-
ks
re-
on -
re
ce
ld
o -
b
nt
d
1=
re
of
s,
an
n
r.
u -
of
s.
r -
s
d
0
d
e
e
m
th
e
r
e
g
S
k
r
dollar, for his greenbacks, but also that
they should provide and always keep
on hand one-fifth of their circulation
in gold ; to redeem the notes. .
There , are several minor features in
the scheme of a highly objectionable[
character, which, however, we will not
now stop to consider, they .have been
ally handled by some of our contem-
poraries; notably by, the Globe in its ar-
ticle of Monday last. What we have
to deal with now is the main body of
the scheme involving tile absorption by
government of the whole floating mo-
ney of the country into inconvertible
material, and the withdrawal from
con i.nercial uses of that which is the
very life blood of trade.
I'Ir. Rose argued in strong terms
that the only object of the . Govern-
ment was to provide greater security
for the public. How does he propose to
do this 4 First ' he- takes away from
she banks all their available specie
essetts,which he uses in paying off, or
as he phrases it, "recouping" his own
governmental deficiencies, then he gives
the Bank's notes endorsed by govern-
ment and based upon this specie mach
has been paid away, and he wants to
make people believe that the anew notes
will be better than the old ones, which
were based upon the same 'specie,
while it was held in the bank cof'ers for
the redemption of the notes. But- this
specious assertion of Mr. Rose is too
manifestly absurd to hold its ground
for a moment. If security were the
only object, then, as we said before, let
us have a pure specie circulation, and
no notes of any kind; and it would be
far more secure, and certainly far more
effective than this scheme of Mr.
Rose.. There is no more dangerous
fallacy for a community like ours to en-
tertain, than the idea that a Govern-
ment security for circulating medium
is preferable to the commercial security
afforded by the banks under our exist
ing system of immediate convertability.
In the one case the original capital upon
which the circulation is based, would
be swallowed up by payments for the
various expenditures of government,
all of an inconvertible character. In-
the
nthe other case, the capital miming in,
the various channels of trade, and is
always available for the redemption
of the notes, when necessity or con-
venience require it; Whenever the
real business of the country requires
an extended issue, our present system
enables the banks to give, it; because
the money - will -remain out in the
handsofthe people until the grain or
other produce has been realized abroad,
and the banks put in possession of gold,
or its equivalent, to meet the return of
their own notes, when no,longer requir-
ed for. the legitimate uses of trade in
the -'country. This is the great feature
of our system which commercial men
in the United' States tare so anxious to
obtain ; but which is incompatible with
the cast iron character of a govern-
ernment circulation. It is of no con-
sequence what the volume of that cir-
culation may be, it will not serve the
purposes of commerce. ` The more you
increase its volume, the less will be its
value. The circulrtion of a country to
be healthy and beneficial, must be based
upon the the real working capital and
specie possessed by the people; hence
when our crops are ready for market, it
is perfectly safe- for our banks to in -
'crease their issues upon the pledge of
these crops, which are a real form of
oconver'tible capital. ' This - feature of
elasticity, which is the admiration and
envy of our neighbors, Mr. Rose would
deprive us of, and crush our young
commercial energies in the embrace of
his Cast Iron Muster. -But there is .
r;
the consolation, he cannot do it. The
people of Upper Canada will not stand
s
e
b
H
u
e
a
s
f
as
8
a
ba
w
n
a
th
v
0
e
fa
si
ne
w
Pe
le
lo
as
th
ha
ping the foundations of her national
prosperity.
What are the - facts 1 It is well
known that early in the war, Mr.
Chase found himself obliged to call
upon the Bankers of the Union for one
loan after another, until he had ex-
hausted their loaning capacity in a di-
rect way, it was then that he hit . upon
the present plan of. National Bank cir-
culation, or in other words, he levied a
forced loan- from the bankers of some
four hundred millions of dollars, giving
the Bankers in exchange for their specie
the present National Bank Notes of
the United States. The only differ-
ence between the system now in force
in the Union, and that proposed by
Mr. Rose is, that he -wants our banks
should not only pay gold, dollar for
THE GOVERNOR GENER*L'S`
SALARY.
Our readers will remember tlt a
Bill passed our Legislature fixing.',the
Governor General's salary at $32100.
Lord Monck withheld his sanctio to
to the Bill, and referred the matte' to
the= Imperial Government. For regions
best understood in aristocratic dries,
Buckingham the Colonial Secretary in-
formed the Canadian Government ttiat
£10,000 was little enough, and (that
we had better pay the amount wit,ut
further grumbling.
The question was agai l brought 'tip
by Mr. Oliver, who wished to ieaftim
the action of last irear's Parlramt.
Sir John A. McDohald moved in inl-
endment that we do acquiesce. in the_ te-
quest of the Imperial Government.
Mr. McKenzie . moved in amendnnt
to the amendment " That it is the
doubted privelege of Parliament to ;fix
and determine all salaries and expert' i-
tures p
char able to the public lanaf
g
the Dominion, and that the salary!
the1
Governor General should therefele
be fixed by an act of ¶his Parliaments;
•i After a good deal of discussion ro
and con, McKenzie's amendment woe
carried, with only one dissenting ve ..
This vote is an undoubted evidee
that the one Canadian 'Pailiame
1.
determined to maintain its inde
dence. The days of cringing are
tainly gone by and if we want to lee
a legacy of good government to tl1
who come after us we must guard
priveleges of legislation with a jean
i
eye. In all'reaeon $32,000 is a g1
salary. Those English • Leers wife
ideas of Canada are regulated by ,
sclary of the Governor General,
would be little benefit to the coun
and those who wish to devote part
their time and talents to the advar ' -
t.
ment of England's Colonial possessi es
should not complain when they ,e
paid eyen more liberally than 'e
President of the United States. L
THE Catholic Government of Bavap :l
is reported by a Cable despatch to hs
invited the Governments of Fran
Austria, Prussia, Baden, and Wurtei;
berg to a conference for the purpose,-.! f
guarding the rights of the State agars;
the Church. A conference of this
would -be quite a novelty, for here: (-
fore • all these States hate regulat
their relations to the Roman Cathotie
Church independently of each otht
If there is any foundation in the repot n
the object of the Bavarian Governmeeit
is -to secure a concert of action on i
part of the States, in case the coming
Council in Rome should issue decreee
encroaching upon rights now . commo0-
ly claimed and exercised by the Eur
pean States with regard to the Roma
Catholic church.
TsD vote on the Intercolonial rood
is a good index of the measure of princi-
ple and economy which actuates tleti
members of the; Dominion Parliament:
This reckless expenditure of millions a.
the hard earned money of Ontario:*
will surely serve as a finger post for tl
next election. As might be expect'
all the Conservative members. save'
the member for -West Elgin, voted f&
the north shore route, but along witk
that majority we find several professed'
Reformers, including = MR. WHIT=
HEAD of North Huron. Is this th
way Mr. Whitehead deems 114 pr s-
miles to his constituentsl Perhaps tf
fact that Mr. Whitehead is an old Rain
way contractor, and that a man by the
name has already a contract on the IIS.:
tercolonial, will afford some expIanat
on of his conduct. Some men . like ttsr
make -a fat job hold out.
it.
AtUSTRALIAN advices are te the effect
that a fearful mortality existed among
the flocks of sheep in the colony of
Victoria, caused by, the- drought. The
air is tainted for miles by the decom-
posing carcases: Small- x is pre-
vailing in Melbourne. 'ie crops in
the Patrick Plains district, except the
grape, are a total failure. Several
important gold discoveries has been
,made.
THE Ministerial Election Bill in-
troduced by Sir John A. McDonald is
a. peculiar -affair. ' It provides that
Counties no tenant can vote that doh;
not hold a written lease for at least fives,
years, and that has not been in posse.;
cion one year at the time of the elegy`.
tion ; while in cities, yearly, or even:
monthly tenants have that right. The
fact that the cities, heretofore, hav& ;
been the constituencies to return men,
whose views are generally subservient;
to the gallant Knight who introduce:
the Bill, whereas the tendency of rura
constituencies is the opposite, likely:
operated very strongly upon his judg-
ment, when framing it.
DOMINION PARMA-BUNT..
THURSDAY. _
Mr. Rymal moved for informatics
regarding the purchaseof property
Hamilton, for the Deaf and Dumb Asy.
rum, and the since removal of that ln.
stitution. In doing which, he did not
forget to give the government, EOw
hard thrusts, The motion of Mr. Oli-
ver relative to the Governor General's_
Salary, was further discussed.
FRIDAY.
The great feature of this day's procte-
ings was the introduction of lir,
Rose's Banking and `Currency Scheme i
A Bill limiting the rate of interest
was also introduced - this day by fir.
Rose.
MONDAY. "
.After Routine Business, Mr. Ma.
Kenzieopened'' up his Intereolonial
Railroad Route discussion, to which he
spoke most effectively, Showing in
the ;clearest possible manner that the
route determined on by the Commission
was; in every sense of the word, the
least desirable. This question occupied
the entire day. Many of the members --
took part in the aiscussion, anal from
what was said, it was apparent that all
were well aware of the folly which
characterized the selection of the North
Shore Route, costing nearly, or quite,
double the money, without even ans-
wering as e good a purpose. Still Mr.
Cartwright submitted a resolution to
the effect, "That under these circum-
stances the House considers that any
discussion as to the Route of the In-
tercolonial Railroad would noc answer
any good purpose, and would greatly
prejudice the credit of the Dominion at
home anu abroad," which was carried by
a vote of 114 to .
Te129ESI AY'. -
After Routine Business, Sir John
McDonald introduced his Election;
Bill,` the provisions of which are Main-
ly, that in Co ties an elector for a
Met4 ber . of Parlia went shall be a
--Freeholder - to the 4imnunt of2,00
and ;every tenant having a written
lease; for five years, who has been in
possession at least one year, and l who
pays; a rental of $20. In Cities, Free-
holders to the extant of ' $400, and
tenants of dwelling houses, , - monthly'
or yearly, . paying a rental of $ a0. Per-
sons having an assessed income of 1400
per annum, are also to have a Tote. -
The House resumed the debate on
the motion for the House to go into
Comtnittee of Sepply, and .on Hon.
Mr. Dorion's amendment thereto, with
reference to Reciprocity. The amend-
ment'' was lost by a majority of 111 l to
19.
WEDNESDAY.
The Commons did not meet until
o'clock, in' order to allow the members
attending the funeral of the lute Mayor
of Ottawa. On an enquiry made by
Mr. Stilton with reference to A certain
payment, being part of the -sum voted
for unforseen expenses, a ` debate took
place on the subject of the long delay-
ed arbitration between the Dominion
and the Provinces. The .Douse then
went into Committee en the Bill, re-
specting Bills of Lading and Ware-
house' Receipts, and on a resolution of
Mr. Anglin respecting the Inspection
of Hides, both subjects involving the
question of the jurisdiction of the
House.
THE Ottawa Citizen of Friday last
gives a glowing account of the great
ball in the Capital at which the Gov.
General was present. The rink whets _
the dancers danced, was " most grace- -_
fully decorated ; the table at. which
they dined " literally grand" with the
excess of viands ; the ladies were
dazzling" with their beauty and jewel
ry ; and the whole affair was one of
the most "brilliant" ever seen- in Ca-
nada since the visit of the Prince of
Wales. - Well, perhaps the Citizen is-
right in his description. He might,,
however, with great propriety have al --
so added, that it was a great exhibition.
of " fashion and folly, coquetry and
humbug."
Tux Goderich Stan- has deoereted the
main ;question which we 'have had un=
der debate for some time, viz., the
"Salt Tariff, and resorted to Abbing
about our statements. We need not
say wherein, as the Star knows,. ,and 01
must the readers of both paper.
The resort of our confrere is one et ,
the strongest proofs possible, of the .
weakness.of its position.
GREAT excitement has heen created
by the Government's proposed new
banking scheme. The opinions of . ale
most all disinterested business and pice
nied men are decidedly against it.
A lunatic named Mansfield halo + -
ped from the . Arallerstbug pAyiWil;
n1-051.
THE County Council meet
31st rust;, (Monday meek.!
STv brick si�o*•e pare to
ou the sites of those destroyed
fire in Goderreh.
Tg Ttr .vnshW of Tuck er sm
about letting a lot of puhhc wor
G LAssi has Iris stops rebuilt
site of the late fire. He may
pate a general rush of business fz
old friends.' See adv.
J.tcxsoxs at Eginondvilie, 1
hand ,t, i excellent stock of Dry.
Groceries etc., all to be sold
Highest price paid for count
duce.
THE Qtleel'S Birthday will
brated rr Seaforth, Walton,
ville, Krnburn, Lac ehevillie,W
Clinton and Bayheid.
WE have to hard .a comms
f: ou C. Carrot, P.; L. S,,,
being on, the 'troxeter brill poi
tion . He shows that the pond
tion cover Oat acres at higi
and' i 0 a '. w water
I;~ Seafo th several exc:ellen
Ings ea.e ib the Course of
amongst which are; the Roma:
Chard), 'Carnric.hael's Hotel,
of Killoran 4; Ryan, and
Post Olice.
SUTHERLAND'S COuunty • Di
being _deliver=ed by the proprie
one of the canvassing agents.
up in excellent style, and so f
have been able to =exa ine
Neve it to be very reliable.
erlaitd is establishing a reputa
his directories.
A NovELTY.— e have to
.ledge a present from Messrs
Bro.'s, of this place, of an
coffee pot. It is an inventio
we are sure every housewit
take advantage of, did she` b
what excellent clear coffee i
WE would- remind the poli
Railway excursion on Monday
which will be a. pleasant way
the Queen's Birthday, and give
an opportunity of seeing the c
salt wells at Gc der°ich, have a
on the lake, and - witness
formai ces of the County Tom.
A ' STABBING affray Wok
'
Wroxeter on Tuesday week.
named Clegg beLng the suffer
hands of one Rae.: At first it
posed that the, wound would
al but hopes are now ante
Clegg's life. Rae has esu
further particulars see Wrox
respondence in another colam`
QUEEN'S BIRTHDAY IN SEA
As will be seen by " adv;," e
the amusements to Seafort
24th, are such as cannot fail i.
ing large numbers fronts all pn
country, of such as love a day'
tion. Seaforth has hitherto
a high reputation for the ' pi
its " fete days," and the detce:
of the committee is, not to ail
be one whit behind. on this oc
SEEDS, SEEDS. -Received
Robertson's - Mammoth
Seed Store, the following
fresh and prime seeds. Whi
Carrot, Skirvhrg's Impo
Sharpe's do do Purple Ttrap
Long Red Mangel, Rape
York Cabbage, Fiat Dutch_
head do Butter Beans, Earl
.Beans, Adams' Early Corn- .Ea
Corn, Gherkin Cucumber, To
.Peas, Dianna, ()Menke Peas,
er Seed, White Dutch ` do
Yellow Treyf-oil do Hunger].
Mixed Lawn do Tares or Ve
SPECTACLES' AND SPy
1.a a rias Morris & Co., the w -e
and justly celebrated Occu
ticians, of Great Britain, Uni
and Canada, have. appoin
11. Counter as their sole age
forth and vicinity. Too mu
be said as to the superiority
glasses over the ordinar-y o':
They brilliancy of the lenses
vision perfectly el -ear and .d.
hardness of the glass ren
rot liable to beeone se eh
firmness of the temper he
the great strength of e fry
.at -es thein becomhig o t of
•other respects. -- T re gir
not the ordinary flab sin
lying glasses commonly wo
rounded like the ball of t
;thereby give a scope to the
-ease to the wearer, and are
riscopic.. In fact they are s
:the best spectacles manufact.
'World, and those wanting
'way would do well to give
er a call. See advertisement