HomeMy WebLinkAboutThe Expositor, 1869-07-16, Page 24.
2
NOTICE TO ADVERliSERS,
New alvertisements must be given in by.
- .
Wednesday noon.
Ohanyes of Advertisements which are s
ql'ally arranged for weekly changes . y
Tuesday.noon.
Changes of Advertisements, 'which are not
specially arranged for vipekly changes,
by Saturday mg -ht.' I -
We cannot guarantee insertion unless the
above be complied. with,
BUSINESS Nom:T.—All acpounts for ad.-
vertisim., and Jobbing must pnsitively be set-
tled. Qu-arterly, on the 15th days of Mareh,
June, September ancl Decemlr.
The Official Patter of -the County.
,
FRIDAY, JULY 16, 1869.
A CHANGE IN THE 1.,OtiAL LE-
GISLATUREAn agitation is now in p odess favour-
, . • •
ing the ereation oftwo chambers in the
Locall Covernment of Ontario. It is
-
arged thet one chamb,er is not sufficient
to prevent hasty legislation such as
that so frequently °fleeted by 'John
Sanclfield. Had we two ehambers we
,
would at once interpose effective
restraint, and in many ceses save the
honor and reputation of Le Provinee.-
On the other hand it is ar4ued that two
chambers' would be expensive' and cam-
berm's, that it would be' a mere aping
of larger governments, a,*nd would not
suit the pinpoee designed.' For one
chamber to be pitted against the. other
would be dangerous and Might lead to
unpleasant aesults. 1
,
We IliUSt confess vee have no syrnpa-
\ thy -with those who in their zeal to get
, .
1 office, lose sight)of public interest.
\ Certeinly the. machinery:of Confedera-
1 - c
tion is coraplicated enough already and
Lo add unnecessarily to its complicati-
ons would be to effect it harmonious
- , ,
tvorkine- What we want now is sin"-
i 0 i
,
plicity and cheapness coMpatible with
efficiere If we have -silirplus- funds
let us use them for pulblic improve-
, _ ,
Ments .and not :for fatitening lazy,
_
pampered hangers-on of the governnient.
_Already oar resource s1 are near-
ly- all. absorbed in carrying on the le-,
i
gislation of the 'country. 1 More than
. .1
two thirdepf the entire revenue of the
- I
Dominion is coneumed ini paying .our
national interest and public ' salaries.
; •
And if we in Ontario beccene so regard-
less of public interest as th encumber
i
ourselves with 'a miniaeure House of
Lords we . would bp doing ourselves
and , oue posterity_ a , positive . injury.
Our sing -le, ehaneber has, ssle far, worked
well. The legislation ob. the whole
has been creditable, and -with the single-
- exeeption of eheelematino a polttical,
s" axe -grinder" we know of no advantag
whatever that a double 'barreled Local
• Legislature would confer upon. 6
Province Of Ont.:- w •
. - 1
' •DY cable despeetch we learn that a
1
-vote of censure wa,4 paesed by the Im-
...
perhil Parliainent, -upthn tho Canadian
Government for applecprieting the III-
tercolonial Railway_ subldy to other
. purposes than that originally desigtied;
M. Rose boasted of his ability to refund
4
the mouey at a days notiee if required,
and John A. .31c onald siood upon his
-
dignity and-indejend4nce vvher, cross-
.
- .
examined, oy the lettpposttion or the
point a few weeks'ago, -declaring that
. -
the Money was ours, we i paid: interest
for it and had a perfect. right to do with
• it as we saw fit._ ' Such tegic -wes. not
4
quite satisfactory to the Pritish Gotatrn,
ment, although Sir W: k. Gladstone
- _ , r
prevailed upon the mover of the Vote
4 . . . 1
of censure to aithdraw it for aim time
,
being, Such miserable Shag as 0:4nee
nadian financiers are '.compelled to
adopt to make 'both ends meet do inot
oommand the respect of their -best. I fri-
ends in foteign coentries. We hope
this will prove a warning again.st chi-
canery ui the future. ,
THERE IS SOME SLIGHT grumbling as
might be expected front some cf the
Eagliela einigrante recently- settled in
Canada. Being unaccustomed to 1 the
labor peculiar to the ountry, and also
expecting to be petted, because they
were emigrants, they coMplain very un -
j attly of the provisions Made for them.
Euclid said once "'There is no Royal
road to learning' Emigrants should
know -thee is no easy way to wealth in
Canada. Industry, hard -work snd per-
serverance, are necessary to suceess,
aeld if they.only setthemselves to fight
out maufully their destiny they would'
THE St AFORTH EXPOSITOR.
ISA.LLO'WED LEGISLATION,
The Imperial Parliament has disal-
lowed the Legislation of the last session
of the Ontario Legisletnre in the mat-
ter of inereaeing the salary of judges.
This will certainly be quite a reproof to
the intrepid John San.dfield, whose
willingness to bear all responsibility of
this kind was so repeatedly urged Ja.st
wintet. Despite the advice of Mr,
Blake and the Opposition he would in-
sist upon his own peculiar opinions il-
lustrating the old saying that "Fools
rush where. wise men feer to tread."
This snuboing of tlie Peemier of On-
tario might, howeve, be improved by
our political wiseames did they see fit,
for the 'general welfare of the Domini-
on. The allowance made to the NO -v -a
Seotians in contravention of the Con-
federation Act of 1867, is evidently es
unconstitutional as any special subsidy
voted by john Sandffelcl to the Judge.
Then why not get the -opinion of the
Eaglish Crown officers on this point
also, and thtis protect our co-nstitution
from inroads, which if allowed will
very soonalestroy its validity? Whatever
may bethe result of Conefecleration it
is quite evident that unless it is based
upon soniethhi.g settled and tangible, it
will be impesSible tomarry it out sue-
sessfully. And if the Dominion, Go-
. .
vernment is to be allowed to tamper
with it, to suit party purposes, it mutt
very soon fall to piece. There is a
limit to the people of the West. That
limit may be exceecle,c1 ley unprincipled
and practical politician S of the Joseph
Hoe school. And though we I were
ever so anxioua to -see the consolidation,
of the British Colonies we could never
• e
coasent to our (min spoliation to bring
it about. 1t is tine what the English.
politician once said that the greatest as
well as the mostisacred number in the
arithmetic is number one, aril know-
ing this we of the west must see that
the lights of that number be 'faithfully
protec Sect.
OBITUARY.
THE subject of this notice is Walt-
er McMillan, of 4;IC'Killop, one of the
Pioneers of Huron. District, who died.
- •
on Taesday last He came to this
section of country' inthe prune of
life and lived to the geod old age
of seventy-four, when his end was
accelerated by an accident. He, was
.one of those men who do • immense.
good for society in a' notipretentious
manner; by well directed 'industry
impreving the country while adding to
his wealeh, and raising an intelligent
Semily. The lengthening cif his life,
was the increasing of the esteem in
which he was held by his smighbours,
;end all with whom he came in contact;
hence the unmistakable regret .manie
feeted by his death,
111111=11111111MIWIW
THE Hamilton Ti171.133 has a very
scothing article on the political dodgers
of the present day. a After alluding to
the barefaced system of bribery by
which they have maintained thenaselves
iu power, and -the manner in which
they have actually bought up a whole
Pi oyince it concludes by asking :---
" Now what is the cure for all this I
How shall this hulk that is rotten be-
fore it has been fully lannehed be pre-
served fi one utter disorganization ',I Th e
only hope for its preeervation is a com-
plete change of crew and commanders,
and if that fail, a torch will complete
the business. We see no prospect of
either a happy or a safe voyage, under
existing auspices, and if the heaven be
reached at all, the present officers of
the ship mest swiug at the° yard -arm."
SPAIN.
folloWiag article we believe to
be such a genuine exPositionofthe pos-
ition -of Spain, we recommend its care-
ful perusal to our readers. -
SPAIN is j U.St now halfway between a
monarchy and a Republic, Will it ad-
vance to Republicanism, or retogress to
a monarchy? This is a momentous
question, and one of vital import for
her fntine prosperity. Never, surely
was there so abnormal and so anomalous
a case as that of a Regency appointed,
not during the minoi ity of a recognized
So verign, but because their is no
Soverign to be recognized. Was there
evera, more singular interregnum known
in history? Under such peculiar cir-
cumstances Spain can hardly be con-
sidered as otherwise than virtually a
Republic already ; for She is not, even
nominally, a monarchy de •facto. The
feet -which underlies the impoesibility
some Gorman Court, and therefore alien
in. race and language. It would be as
easy for a favourite chief of the -army
to eject such, a King, and rid himself
of the ineumberance altogether, asi.t
--Would be to -govern in his name, and
much more efficacious, because while
King Log remained oii the throne there
Would always be a chance for name new
favourite of the array to supplant the
old one at the Palace, and get possession
of the Royal authority and warranty
for a, new coup d' etat. This is what
the rival adventurers kept doing
throughout lsabella's reign. But when
a bold man, with the army at his back
and call, can make himself actual dic-
tator, he has a much better chance of
maintaining, his positien for the teim
of his natural life, because he can then
deal with prospective competitors ac-
cording to his own will, -without being
hamperett and obstracted by the forms
of the -court,
Now a native functionary in the poi-
cognized- as it deseivee. Yet this fact s
of obtaining a King has not been re-
ition of Serrano, besides that he - may
is)of a significance which can hardlY -cannot be thus uncere oniously :dealt
hiniself be presumably • man of ability
be overrated, The trath is, that all wtth, any more than the President ot a
•inapertial, spectators outside of Spain Racpublic, the •elect of the nation.
clearly enough perceive, What all far
Considering, therefore, that it was al -
seeing Spa.niards feel and know, to wit) leged
' •
,at the advent of the Revolution,
that monarchy is worn out in that coulee that tlete were no Republicans In
try. • Monarchy has been. more tested Spain, and that since that time Repab-
ia. Spain than almost any other country, Beaman-) has grown and developed itself
and the inevitable copclusion is that it in a way that has astounded and alar -
is a failure. T.flonarchy as a Oonttete med -its adversaries, it would seem that
fact may be fairly said to be vatreeeent passing eveats are preparing the way
in the nostrils of the Spanish nation, foe an ultimate Republie. The' Times
although a majority of the Cortes have asserts that "the Kingdom without a
voted forit theoretAcally and in the ab- King has been a,ccomplished --,", but the
stract, .We use these terms because, facts point the other way, and seggest
as a matter of fact, no King can be gotthe conclusion that the monarchy will
Serrano will peobablymake an -exem- not be 'accomplished at all in the only
plery Regent, whose function is neith- way possible, namely, by the establish-
er to reign nee to govern, and Print, merit of a King of Spain. -
who ts virtually prime Minister, and The form of a new Republic, in a
Conamander-in-Chief of the army com- country which has been traditionary and
bined, has every motive to vindicate almost to the last generation intensely
the real rights. and liberties of the na- monarchical, is of course a very formid-
tion on the one side, and promote the able difficulty in itself. And this is
cause of order On the otherindeed one reason why the present con -
The remarks of The Times, on the dition of affairs seems calculated to
"situation" ere not a little remarkablesmooth the way for an ultimate Re -
Our Contem.proary seems: to have dis-. public. When the Spaniards see : and
covered that Spain "has once more re- know by experience that the repre-
covered her old institution of a mon- sentatives of the nation, -with a native
archy, ' by the interposition of a Rc- citizen at their head—no matter wheth-
gency, "with the exception of the edie er he 'be called Regent or anything else
flee she can probably wait." Aceording --govein the country well and main -
to all app.earances she will have to Wait tain peace and order on the .one hand.
long enough, , so long, indeed, that her and the national rights ancl. liberties on.
ultimate transformation or 'development the other, what is the infallible On -
into a Republic, in name as well as in elusion that must arise rn their naiads 1
substance and fact, would appear to be Are they not certain, to say to them -
highly probable. What, in- effect, is seivee, "Why, we can manage our own
Serrano, the Regent, if not a President affairs perfectly -well for ourselves
appointed by tho Cortes for an indefi.n- without any King, and least .of all will
ite time? Theee will be no -Court, 11°- we call in an alien and his inevitable
itoyality, no anything in that which following of jobbers and infringets."
goes to make up the idea of.amonarchy. When this is seen and felt, the Span -
The country will be govereld by its lards will realize the fact that they
representatives in the Cottes, just as if' have actually 'got the substance of a
Spain were a Republic and Serrano its republic—that the republic, in short,
President, ancl will thus get into the exists. de facto—and that all'elisputes a. -
habit of dispensing with a crown and bout modes and forms arecomparatively
scePtre. - ' idle. ,In this way Spain may settie
Our ., readers may reraember that, itself into a republic in a way that the'
when first the difficulty and delay in enemies of reai self-government little
finding a monaech 'began, we pointed dreain of, jut as it has.been said that
out that one palpabbe effect eould not England is in- fact a republic with Mon
-
fail to be seen in the nation growing archical forms and names. , The govern-
a,caustomed to the absence of 4 King. ing power of Spain is even now the
Ther a are, we took ,occasion to remark, Cortes or Parliament, elected by the
neebative as well. as positive habits. people, with a .Spaniard of note at its
The Cortes—that is,1 the Parliament of head called a Regent : and if this. is
Spain—with Serrano as President un- not a republic in everything but the
der the name of Regent, are likely to name we should like to know what it is
govern With all the advantages, and "It is a kingdom without a King," -says
without any of the clisanlvanteges, in- The Times ; yes, but se it -would -nave
cidental to a monarchy and a court. been in the same degreeso far as re -
The chief danger by which the pres- alities are concerned, if a, republic had
ent transitionary 'provisional state is been nominallyproclaimed; and Serrano
beset is the opening' afforded to an am- had been called President. —London,
bitious and unscrupulous man, who Di ngland, -advertiser.
might bane to be in the place men- . *
pied by Prim, with the army at his
back, to make a Coup d' etat and create
himself dictator. But this danger
would exist equally in the case of a
monarchy; and even More so, and for
obvions reasons. Aily.monarchy. that
might now be set up in Spain would be;
too new in itself, and too ranch discre-
dited by the nistory .of . the old mon:
archy which ,has just been overturned,
and -the old dynaety lately ejected, to
acquire any hold upon the affection of
the nation as a whole. The new mon-
arch would simply be the last edition of
King ' Log, The chief of the army
w‘buld be able in the future, as in the
recent past, to use him merely as a tool
and instraereent for the affectutation of
his own ends. This iswhat the elaiefs of
the army who succeesively made them-
selves Prime Ministers of -Isabella the
Pious had been doing throuhOut , ' the
reign. Isabella was the scign of an
ancient dynasty, to whom the Span-
iards felt a strong loyal ty,until she
contrived by her misconduct to forfeit
it;• and therefore they -did not find it
_expedient to dethrone her, and in her
name, This is the cld artifice of bold
adventurers in tbee service of week
monarchs, and it has been found . to
answer their purpos under the cirCum-
stances
.
But there wouldbeito loyalty, .no
attetchment, net old traxlitionnry feel-
ingin favour of a lilevi dynasty-, fresh.
THERE is something rotten in Den-
mark. The charges brought against
Reffenstein for embezzling public funas
in the Receiver General's office sh ow s that,
the circumlocution of that office and
others in connection with it, Make' it
somewhat difficult to trace out default-
ers of this 'kind. A much simpler'
method might 'be adopted, expense
saved and matters be more efficiently
attended to. We need an Oliverr
Ctom-
well to make a clear sweep of mahy of
our publie, offices and by a vigorous
system of reconstruction put iffaira in
a more manageable and business like
soan attain, to competence and aomfo rt. I condition.
- 1 transplanted into Spain frem, probale:y,
MONEY AND BANKING.
To the Editor of the Expostor. .
DEAR SIR. --Will you kindly allow
me space to reply to the gentlemanly
criticism of my article on Banking,"
by "Ontario," which appeared in yours
of die 9th instant?
If your correspondentt" Ontario" bad
read my article more carefully than he
appears to have done, he could not have
failed to see that the purport of that
article was not as he alleges, a pro-
mise to present clearer views of the
real merits of Mr. Roses' Bill, followed
by an essay on the real nature of
money," but that it commenced with a
preliminary discourse on the nature
and function of money, so as to aid US
to judge more correctly of the merits,
or deraerite of that Bill; and however
unnecessary your elide may affect to -
believe was my inquiry into the phi-
losophy of money as a depart-
ment of human knowledge with which
he may be thoroughly conversant, yet /
cannot betieve that the inquiry was
altugether needless, seeing that money
is a subject upon which very lose and
vague ideas da prevail in the minds of
nine tenths of mankind, and that it is
impossible to understand the effects of
Mr. Roses', or of any other Banking
scheme unless guided by a knowledge
of the principles of monetary icience.
Banking is a. question most intimately
related to the interests of the people
•
and is.what the people's repiesentatives
are required to deliberate upon in th
H
alhot Legialetion ; and therefore it
cannot be an unnecessary task to ex-
plain principles which ought to unem-
lie all Basekiime Legistition. Upon 1 o
other groonde can I believe tha*my- ex-
pcsition of the function of money
was unnecessary, unless on that of pot
pular ignorance being the most potent
instrument of craft med politics.
But to return to the subject of Rank-
ingt-I beg to state that I did -not defend
Mr.- Roses' Scheme in totof but the
princit-Ae of the scheme so far as it re
in -
lated to ftking thefiteed capital of the
country in. the forme of our national;
public works, and the various sources
of the public revenue to be the basisof
a national currency ; ar d fum
rtherore
I advocated the .eateneiort of the same
prineiple .so as to =clue is the fixed ca-
pital of individual's, such as cultivated
lands and other revenueable property
to be the basis of our national currency, ;
and that srich basis should be secured. '
by •bonds deposited with the govern-
ment of the country. "Ontario" Dia
iects to this idea and insists that the
e
national canency should be based on
the flo rating capital of the country—a ,
difference, which without the smallest -
shadow of reason he -paradoxically de-
fines the former, as a "state of owing"
and the lattee as a "state of having,'",—
the former " .an, evidence of debt" and
the latter ":an evidence of capital." Is
a mortgage or bond on real estate, or
on a revenuable -fixed capital an evi-
dence of debt of the mortgages or bond
holder, or of the money which is baeed
on it 1 And the money bosed on the
credit of the indivicheds who may ha.ve
obtained aeBank discount of a paper 1
iromite, an evidt m.e of the capit I of
himeelf, or of any one else? 4. Ontario'e'.
statement, or argument if you choose,
implies that it is ; and -yet if he had re-
versed th 'attributes of the two schemes
e,rt
the trui
th ould have been more evi-
dent Ag, in his reference to the dee
preciation of the American currency -.as
containn ne the whole matter in a "nut-
shell" is without any force as- an argu-
ment; for, the " nutsh211" must be
first brpleen, its kernal analyzed, the
identity of the p,American svstem and
the principle of the one. I advocate, or
of that of Mr. .Rose, must be shown,
and the modus operandi of that depre-
dations explained before "Ontario"
can establish his point. The American
cureency is 'based on a credit upon tax-
atiiin misfile- out of the increasing re-'
sources of tht'e nation, which the unfor-
tunate exigencies of the country in a
state of rebellion drove the national
government to have recourse to, and-
hence the parallel cited. by , " Ontario" ‘
is imperfect at the start. But without
justifying an extravagant drain upon
the iesources of the country either by
an irmmediate taxation, or by foestall:
ing•the national revenue through go-
vernment bonds,—a. course which I -em-
phatically denounce.clin my former artie -
die, yetwhen themagtnitudd of theresults
which a currency;basecl on the national
credit and to be redeemed by the future
national revenuebn
of the country abled.
the American goveinnient to achieve,
is duly considered, we are Constrained
to admit the practability, and the policy
of a system which basis the currency 011. ,
the national taxation when confined,to •
the legatimete purpose& of government
—a plan which has • been*recommended
oy some of the most eminent writers of
monetary science in Britain.
In conclusion I gladly acknowledge •
the fairness of " Ontario" in his state-
ment of the difference between, the
present system- advecated bv him, and
advocated by niyeelf when lie says .
that the present system bases ,the cur-
rency upon the ( convertable) floating
,capital of the country, and mine upon
its (revenuab/e)fiad capital. _Now it
is evident that, my plan affoes the
more tangible seculity tat billholders t
for whereas, the plan he et dvecates.
leaves billholdm.s at the, mercy of the
mismanagement and speculative dis-
honesty of directors in -making
improper advances to customere or to
themselves, having only the donble lia-
ty of stockholders to fall back upon,.
who may in the end prove to heaf sc men
of straw", minef'would give the ' tangi-
ble capital of stockholder:3, which had
been pledged with the government for
the sectnity of billholders to. fall 'beak
upon, while his plan affords the mini,-
taunt. of security to the public consistent
with the maximum of profit to be reap-
ed by the Bank, mine would afford the
maximum of secur•ity to innocent bill- .
holders consistent with legitimate busi-
ness of the Bank, whose capital alone
would sustain the effects of mismanega-
remit, as it would improve through
good management.
Sir Henry Bawlison, who affects
archwology has satistic/d himself, and
is trying, to satisfy other people, that
Babylon is the site of the Garden. of
Eden. Moreover, he claims to *lave
discovered public documents stored in
Babylon, which prove the, Lout amd
-Which "give an exact geographiesti
description of the scene of nautes first
disobedence."—
IST 'ICI: MA
SToir
vtatisnat.
I 4i
THE 1-1111-1 at Clinton
I
,ya procepsionof th
Several speakers
ad-
ing. Mi. -11 Wrote came
Irish Ohuvh Bill u
d read Du
iHAYING has coniruente
-sifion. of tlif -country. '11i.
heavy in .'inaost every e.
ing D early,i or perhaps qui
to GthoeNallo,
ME —Our To,
131111 and ill, _Cash, have-
Seaforth t411 pay their natie
jvisit the t former ED
1 i
other Sto-eland. May f
leasant aid their -return .
1
WE
wofild direct ti: e at
readers to the notice inan
of the opeilLing of the Go
mar :Schoiel, . We- halm
fo-r belieI 3ine,- that, -untie,
merit of lilr. Preston, i
best high ichools in the Pi
Co
siotinnotIjet tdancilai, tiiiinrinlagdet
tering ree irtthereof.
A cm ie.) 14T.-03). MODa
manram d A Titlerson., NV1
lug in thd market house,
position abet was taught o
ti
beneath tree lower 'rib..
diately attended:to by D
we are p.1., sed to know t
ixeiL
TEre tkecnanics Int
will be qened Tie
Members !can secure tiel
cation to the Secretary a
weekelembership can
appticati ti.to any memb
naittee, o payment of on
amount eaa.bles a person
of about $400 worth -,of
ter, abou4 one-fourth of o
llont ' 'Am, Wineva_
,.
of W. awanosh, wri
elate of s th int, of ha
fair ape 4men of a four
the Wh1' te Flint varie
5 feet 5 ' ches hi a
this ext aordinal7 on
' finenes of the. varlet
Ilinchlet o - Hullet, h
- , .
sample fleasanng- 5
Who ea send us a
ME. linton lay
followiasensible re
to be ,selan in a few g
villaga catch thistles,
please p - owner aid g
but if t.iniitted to go
a great etriment toti.
try. 4\ le ' have thistl
enough*Pleat impor.
TEMP tACE, LECTI.IR
h- deliveredan
setan e Lectnre in the
oeuWed edayeevg, in t
the Can laTemperance
respec le attendance
and w4 regret •that,
permit
is to give the
luetrati tes, eloquent in
terisifilect feeling. - Our ,
. Mr. jioltn: Gray, ehairm
eulogiettO remarks eon
course, *ad Rev, A.
tist Ri1aster Closed th
PretYet
As Wil be seen by
ment. Rev. J. Wild .
far fam 'd Lecture "Bab
Hall oi Pride-y.67g 0
rime14. knowledge
the citiseeiis of ! Seafort
.
ding country, that 11 th
him they will halt() e
regretting it: The
the theories advanci
oommenels it, 'beyond,
such. ,ellbrts. Thereis
that A !Crowded essena,
ticipaite 4111 the, intellect
Bolin: HL7RO N o
The Mowing etch in.
..
the S. gricuitm
place on1the farm of
smith, aitty. , over
being pesent.' Thirtee
- chines ;were made, as1
St Geo!,ge, single t. Sh
combin d ; -Jackson, Li'
Roes Eianistown, co
son, €Uasg�w Ate Co., Cr
Bell, Pt. George, co
E1or4, (0tflbifl6u -, Pat
1-11.11, sing:Sawyer,
ed ; New
Glen cOmbta ,
Mar . s leomeined ; T
ham, ,lMIitehelI, - s.
'teere n ' t made in
maker*, but in some
The jukes were Iles
buckle; and Willie '.
ib, Pa.
HagYa
MeLeo
iterson,
ii 3 3rd, Pott
agent.