The New York Herald Newspaper, April 16, 1874, Page 10

10 Gasie Cu | was again continued until six months after the pe: THE RRENCY, Im the year Is10 bngiand Dad suifered in her ot | culating medium, had near! Creat Britain in 1810 and the | United States in 1874. | LESSONS FOR OUR LEGISLATORS. | Suspension of Specie Payments Under Acts of Parliament. Sound Views on Questions. + The Policy of Great Britain and the United States Contrasted. ‘The financial condition of England in 1808 and | @uring the three succceding years resembles, to a | considerable extent, the dnancial situation in the | United States at present. Specie payments had been for a considerable time restricted by actor | Parliament; gold and silver had eutirely disap- peared from circulation; paper money was the | only currency, and it was greatly depreciated in | value, Business all over Great Britain wasin an | Wnsettled condition, and the prices of the necas- | saries of lie were higher than they had been | within a great many yeare before. It is well | known that the bank of Engiand ts the agent | throogh which all the financial affairs of the | government are transacted. ‘The Berlin and | Milan decrees deprived England of the ability to export goods for the military stores, naval supplies and foreign productions she received, and, consequently, there was a | continual drain of goid trom the country. In 1801 and the following year bank notes, owing to their excessive quantity in circalation, fell toa discount of seven toelght per cent, but partially recovered in 1863 and remained until 1810 within | two or three per cent of par. Indeed, at many and continued intervals during the time specie | payments were suspended by law bank notes were fully on a par with gold, but in the year last mentioned (1810) the depreciation became so great as to lead to the appointment of the celebrated Bullion Committee, The labors of the members were extended over a considerable period, and in the report presented it is admitted that some of the soundest views on finance are set forth. Briefly they showed the evils existing in England | to have been caused by an expansion or overissue of paper money, and the remedy proposed was a return to specie payments at as early & Financial | period as possible. As the debates and reasoning on the subject of finance and the relative valine of specie and bank bills have been carried on in Congress now for months it ig time, perhaps, that a view may be taken of the condition of England ata pertod when she ‘Was engaged in sanguinary wars that taxed to the fullest extent her resources. The members of the Bullion Committee favored under such cireum- | Btances a return to hard money within two years as the only cure for the evils existing in com- mercial circles, The report was not acted favorably upon by the House of Commons, but it paved the way for the resumption of specie payments a few | years later. Its publication had, however, the | prompt and direct effect of stopping the over- | ‘issues of notes from the Bank of England and country banks. ,The Ministry of tne day, though | not agreeing with the terms of the bultion report, acknowledged the necessity of returning at the earhest practical moment to specie payments, and by a formal vote of the House of Comm the further issue of notes was inhibited while specie payments were suspended. RUN ON THE BANK OF ENGLAND IN 1797, In 1797, while the certainty of contioued war ‘was hanging over the country, an additional shock ‘was given to the depressed spirits of the nation by the suspension of specie payments by the Bank of England. That body, now essential to the finan- cial operations of the government, had been called upon for such great advances of cash for the pay- meat of foreign subsidies and other state exigen- cies that the directors had been several times com- | pelled to repregent to the Ministry the impossibil- | ity of supplytng tuetr demands. In an interview | ‘with the Chancellor of the Exchequer, on the loans | to the Emperor of Austria being mentioned, the governor assured Mr. Pitt “that another loan of that sort would go nigh to ruin the country.” And ata later date (February 9, 1797) the directors ordered the governor to inform the Minister “that, under the present state of the bank's advances to government here, to agree with nis request of making a further advance of £1,500,000 as a loan to | Ireland would threaten ruin to the bank, and most | probably pring the directors to shut up their | doors.” | SPECIE PAYMENTS STOPPED. At this time, too, a fear of invasion induced the farmers and others to Withdraw their money from | the hands of bankers. The run first commenced on the country institutions and the demand tor Specie soon reached the metropolis, In this alarm- | ing state of affairs the Privy Council sent an order | prohibiting the Bank of England from issuing any | coin till the sense of Parliament could be taken on | the subject, and measures be adopted for support- | ing the public credit. On the following day the King delivered a message to both houses, stating that. an unusual demand of specie having been made irom different parts of the country on the metropolis, 1t has been found necessary to protibit the issuance of coin in the payment of notes. After warm debates, in which the opposition dweit on the violent stretch of power in exoncrating a trading company from the payment o! its debts, a@ secret committee was appointed to examine into the affairs of the bank. In the meantime, to remedy the existing obstruction in the circulating | Medium, a bill was passed authorizing the bank to issue notes below £5 im value. In the meantime, however, leading bankers and merchants of London pledged themselves to receive bank notes | in payment of any sums due to them, { THE BANK SOUND, The secret committee reported there was a sur- plus of property of nearly $20,000,000 beyond the total of debts, exclusive Of @ rmanent debt from the goverument 0: over $58,000,000; that the bank had lat experienced a drain of specie owing to preva of alarm, which there was Feason to suppose would go on progressively in- creasing, 80 that it was appreheuded that the | bank would be deprive means of supplying | gold and silver for the ¢ of the publ ic ser- | vice, and that it was th proper to continue | the measures already taken tor such time and | under such limiiations as should seem expedient. The circumstances by which this measure was rendered necessary Were altogetuer of a political nature, and the only blame that could be at tached’ to the directors of tue bauk {or their conduct on the occasion arises out of the abandonment of their own better judgment to ine | urgent solicitations of the government Made on the plea of strong necessity. Parliament pass: bill to continue and condim for « limited restriction of the issue of specié by the Bank of England. it was provided that the army and uayy Should be paid in spe that bank notes should be received in payment by the collectors in every branch of the revenue; that the offer of a bank note in payment of a demand should do away with the effect Of an arrest, and that the bank should be permitted to issue $600,000 in cash for the commodation of private banker at traders in the me jis, The directors declared at this time that re Was every reason to hope that the bank would resume specie payments at once. POLICY OF THE GOVERNMENT. In the gigantic contests then carried on and which extended to nearly every part of the worid and which continued with Uriel intervals until | 1615, it was considered by the English govern- ment india} bie to be provided with a power- fal en jor carrying On its financial operations, and It was thought also to have been necessary to | remove from the engine thus employed the orri- Dary responsibilities which should attach to a banking establishment. The convenience of the government, rather than the private advantage of the bank, and the interests of the public as dis- ‘Unct from the government were kept in view by | the Ministry. Act Parliament was pre- | vailed upon to continue the suspension of specie ments on the second renewal of the Restric- | act until one month after the end of the war, | perioa thus contemplated baving arrived at | ) s the close of 1801, it was found necessary, in con- Sequence of the unsettied state of affairs, to pro- ~- aS act for @ lurther period; and the war | having 6000 aiver recommenced. the restriction | | in @ wueh higher and more ri appointed. | and completing the operation, and by aliowing to | removed ut an earlier period than two years; but | that period. They nad not been indifferent to the | | attention to a topic which was brougit under | | their notice in the course of their inquiry. | most thoroughly convinced—namely, that there | committee to be a doctrine whoily erroueous in NEW YORK HERALD, THURSDAY, APRIL 16, 1874.—QUADRUPLE SHEET. ratification of finite treaty of peace. BULLION COMMITTEE. exchanges in foreign markets & J088 ban Mteen or twent: r cent. » a8 @ cir cual Aer ae ly Gre elf the only medium of circulation in commer. transactions and dealings of a!l kinds was paper currency. Gold was at a heavy premium; @ pro- digious and distressing rise nad taken place in the price of all commodities, This rise vad proceeded ay ate of | increase durimg tue ten preceding years than | within any reer period of equal duration; and by | this rise in prices, or depreciation in the vaiue of paper currency, te public fances were as much jessened in their vaine as those of individuals, Mr, Frapem truer, a distinguished writer on poliucal economy, brought this question before the House of Commons and moved for the appointment oi a committee to inquire into the state of the circulat- ing mediuw #od bullion trade. Mr, William Hus- kisson and Mr. Semuel Thornton (the latter ior | fifty-chree years a director oi the Bank of England) | were associated with Mr, Horner in the comiittce | EFFECTS OF INFLATION. These gentlemen, after @ patient and laborious investigation, were decidedly of opiuion that the evils Wto the eat of whieh they were commis- | sicned to inqui re to be attributed to an excessive is3ue circolation of Bank of England | paper. “A ge rise 0! all prices, a rise in the market price of goid and a fall of the foreiga exchanges will be the effect of an excessive quan- | uty of circulating medium in a country whicu has adopted @ currency not exportadie to other coun- | tries Or BOL convertible at will inio coin or coin | that is convertibie.” But though the Bank of England notes were tn reality at @ discount, that discount, in the judgment of the commttee, did not arise from want of credit or coufidence in the funds and stabiuty of the bank, bat merely from over issue, THE REMEDY PROPOSED Dy the committee for the unnatural and distressing State of affairs was stated, in the fret place, to be the repeal of the law that suspet the specie pagmants of the Bank oi land. In efecting 80 Ly t a change the committee were of opinion that some dimficuities would be encoun- tered, and that there were seme contingent dan- gers to the bank against which it ought to be | Most careiully guarded. ‘But all those may be | effectually provided for by intrusting to tae dis- | cretion oi the bank itself the charge of conducting the bank so ample a period of time for conducting it as will be more than suffictent to effect its com- letion.”? The directors of that great institution, lar from making themselves a party with those who have a temporary interest in spreading alarm, will take a much ionger view o! the permanent in- terests of the bank, as being indissuluvly blended with those of the public. Tne particular mode of gradually affecting THE RESUMPTION OF SPECIE PAYMENTS ought, therefore, to be leit in a great measure to | the discretion of the bank, and Parliament ought | to do little more than to fix definitely the time at which cash payments are to become, as beiore, compuisory. ‘The period allowed ought to be ample, in Order that the directors may feel their | way, and that, having @ constant watch upon the | varying circumstances, they may tread back their | steps slowly, and may preserve both the course of | their own aifairs and that of public and commer- | cial crelit not only safe, bat umembarrassed.” | With this view the committee suggested that the restriction on specie payments could not safely be { fey Aocont of opinion that early provision should ve mi by Parliament for terminating at the expira- tion of that time tle operation of the several siat- utes which imposed and continued the restriction, In suggesting THE PERIOD OF TWO YRARS the committee did not overlook the circum- stance that, as the law stood, the bank could be compelled to pay in gold and silver at the end of six months aiter the ratificauon of a definite | treaty of peace, Butif peace were immediately to be ratified the committee were of opinion it would be most hazardous vo compel the bank to pay cash i im six months, They were of opinion that, even i! peace should intervene, two years should be given, | ut that even if the war should be prolonged, | specie payments should be resumed at the end of consideration oi the possible occurrence of politieal circumstances which might furnish un argument | in tavor of some prolougation of the proposed | period of resuming Cas! pay ments, or even in javor | ofa new law for their temporary restriction aiver the bank shall have opened. They were, however, far trom anticipating a necessity even in any case | of returning 10 the system then eXistng. The anticipation of the titme when the bank will be | constrained to open may also be expected to con- tribnte to the improvement of the exchanges; Whereas a postponement of this era in the event | oi exchanges continuing to fall (which more and | more would generuily be perceived to arse trom | an excess Of paper and a consequent depreciation of it) might lead under an untavorable state of public affairs to such a failure of contidence | (especiaily among foreigners) in the determination | of Parliament to enjorce a return to the professed standatd of the measure of payments as may serve to precipitate the further fall of exchanges and | lead to consequences at once the most discredit- | able and disastrous. A FALLACIOUS THEORY RXPOSED. The commitiee in the course o/ their reportcalled | The bank directors, a8.well as some of the merchants, showed a great anxiety to state @ doctrine of the truth of which they professed themselves to be cau be no possible excess in the issue of Bank of England paper so long as the discount of mercan- ule bills is confined to paper of undoubted solidity arising out of real commercial transac- tions and payabie at short and fixed periods. That the discounts should be made on Dtils growing out of real commerciai transactions and falling due in a fixed and short period are sound and well esiab- lished principies. But, said the report, ‘thas while the bank is restramed from paying in specie | there need be no other limits to the issue of their paper than what are fxed-by such rules of dis- count, and that during the suspension of cash pay- ments the discount of bills falling due at short periods cannot le: to any excess to the amount of paper in circulation, appeared to the principle and pregnant With dangerous conse- quences in practice.” DIFFICULTIES IN ESTIMATING THE NECESSARY | AMOUNT OF ‘CURRENCY. The suspension of cash payments has had the effect of committing into the hands of the directors ol the Bank of Engiand, to be exercised at their discretion, the important charge of supptying the country with that quantity of carculatts whicn ts exact, occasions of the public. The committee con- | sidered this @ trust which it was unreasonable to expect chat the directors could ve ever able to discharge. The most detailed knowledge of the | actual trade of the country, combined with the | proiound science in all the principies of money and {| circulation, would not enable any man or set of | men to adjust and keep always adjusted the right | proportion of circulating medium in a country to | the Wanis of trade. When the eurrency consists | entirely of the precious metals, or of paper con- | vertibie at wiil into the precious metals, the natu- | Tal process of commerce, by establishing exc! es among ali the diferent countries of the world, ad- | justs ip every particular country the proportion of | circulating medium to tts actual occasions. The | proportion which is thus reguiated . cannot be maintained by any human wisdom or skill. If the national system of currency and cir- culation be abandoned and a discretionary issue of Paper money substituted in its stead it is vain to | luink that @by rules can be devised for the exact | exercise Of Buch a uiscretion. The committee | take occasion, again, to condemn the doctrine ad- vanced by some Ol the witnesses examimed, They Say, when they consider that the power of sup- | plying the people with circulating medium was ex- | ercised under ap Opinion that the paper could not be issued in excess 11 advanced in discounts to merchants in good bilis, payabie at stated periods, aud likewise Uuder an opinion that the price of bullion nor the course of exchanges need be taken | into consideration as affording any indication of | the value o/ such paper. The committee concluaed their report by recom- mending that the bamk be permitted to issue notes under the value 01 £6 for some little time after it resumed payment in specie. It was also thought to be convenient that the chartered banks of Ireland and Scotiand and all the country banks should not be compelled to pay in specie until some time after the resumption of payment in cash by the Bank of Engiand, but should continue @ short period of being liable to pay ther own notes in Bank of Engiaud paper. The above is @ summary of one of the most im | ortant papers on financial matters ever pub- ished. it had @ profound effect on public opinion and established the reputation as politicai econo- mists of the authors of it. It is well deserving the study of gentlemen of the Senate and House of Representatives. ACTION OF PARLIAMENT. Scarcely any subject occupied more of the atten- tion of the House of Commons during the following session (1811) than the consideration of the report of the committee to examine the state of the bul- lion and curresicy of the country. Mr. Horner tntro- duced the subject tn an able and elaborate speeca, the general tenor of which was to show that paper currency had unde! e great depreciation and that the only remedy was to Pisa for the r sumption of specie payments at the bank as speed- ing Medium | ily as possible. The debate continued a week. In genera terms it may be said that, as at present, the very opposite lights in which the subject was viewed by men of ability and information seemed to prove that the theory of this important parc of poliucal economy was then crude and andeter- | mined. Mr, Horner’s resolutions basea upon the report were negatived. A rival set of resoiutions reparea by Mr. Vansittart were supported by the inistry aud adopted. The restricuion on specie payments was continued as @ Wat measure, but the iurther issue of paper was dec! against. SPECIE PAYMENTS BD. In 1817 the oank, having accumulated $60,000,000, anuounced thas ail notes would be redeemed in The effect was to drain it of @ woid. ‘tion ment to restrain the bank irom further goid, In the same year the commonly known as Mr.’ Peevs bill, which pro- vided tor the gradual resumption of cash pay- ments. Under the provisions of this law the re- striction act passed in 1797 was continued in force until February, 1820. From that time till 1821, the bank Was required to pay ita notes gold coin of reduced fineness, and after the last mawed date the current coin of the realm might proportioned to the wants and | 84 | should there be need thereut, demanded. The provisions of this were ‘ted 1n point of time, and on the ist of May, Baok of England recommenced the Suid item tmis eat cuca many years o} suspen- sion of ts bank notes were about one-fourth of t! at par with gold. SIR ROBERT PEEL'S SOUND VIEWS ON FINANCE. A briei glance at the discussion that took place in the English House of Commons in 1819, when | the bill providing for the resumption of specie ents was introduced, may be appropriately Added to the preceding. ‘ne late Sir Robert Peel | had voted with his tather an the resolutions introduced by Mr. Horner tm 1811; but the lapse of time had Lape yee to moaity nis views. Bereae | died 1p 1517, and the banking committee appoin Mr, Peel its chairman, who was then recognized san sole, dobeser See administrator. fhe speech «n the e cy Of resuming specie fo ments he retarred to the repeated declarations of Parliament in favor of hard money. But an | opinion, he remarked, bad been avowed which, if | 1821, ment acted upon, would inevitably lead to the indefinite | Ock suspension of cash payments, Was it possible | that the House regarded the ged which had | existed several years as one that could be cun- tinued? Was it posatbie jor them to suppose that they could go on without a fixed and METALLIC STANDARD OF VALUE as the busis of a circulating medium? Such @ standard had been fixed by every nation in Eu- Tope, and was recommended on the authority of every writer of reputation, All the witnesses ¢x- amined gave testimony to the same effect. Kven Mr. Locie, bewildering Mi apd his readers | with metaphysical inquiries on the same subject, felt himseif ob¥iged to descend from these specu- lations on the abstract theory of representative vaiue and admit that tie ouly standard wasa definite qnantity of gold builion, To render this | standard complete it was necessary that the guld | shouid be of @ given weight and fineness, and bear with it an impress which should secure tne holder with respect to those qualities, Mr. Peel | knew of no other pte dy which the currency | of the country couid be safely maintained; but circumstances had jed to tae temporary wtroduc- tion of a system which some asserted was more advantageous, The paper system affected every transactuon of commerce. hs If WAS UNDERSTOOD ABROAD as well as at home, and every foreign Jew knew how to detect its fallac’ It was well known that | the advances of the Bank of England to the gov- ernment were not made on the gecurity of apy tax or duties already imposed, bat in anticipation of tuture revenue. No provision had yet veen mide Jor the )ay ment Of the bilis which the bank beid in | acknowledgment of the debt created by these ad- | vances, How, then, Could it be said that the issues | ped eyes money were regulated by the demands | an necessities of the mercantile world? How could they distinguish between such advances and @ paper circulation emanating directly rom it? ‘Lhere was, indeed, this difference between them— that if tue notes were issued immediaveily by the government instead of intermediately through them an tnterest of three and a half per cent would be saved. But, again, tt was contended that it was very diflerent irom @ lorced paper circulation. | Was it not | RECEIVED IN ALL ORDINARY PAYMENTS, and had he who objected to receive it any remedy but to wait tli the resumpuion Of cash paymenis But did it loliow because the bank was sulvent there could be no overissue of its paper? If solvency alone Was sufficient proof there was no eXcess O/ circulation, the theory of law was just, and the land, as well as the funds, might be safely converted into a circulating medium, There was, 1m fact, no test of excess or deficiency but a com- arison with the price of gold. In the year 1815 English commerce was in | activity, 4 great impulse had been given, speculation was at its height and the exports were great beyond ex- ample, But in 1810 and 1817 came the natural Tesult of these overstrained hopes and exertions. Ab unmense accumulation of property had taken | pla for which there was no demand. Prices fell, the banks stopped their issues, ang thousands Were in a moment F | STRICKEN TO THE GROUND BY A BLOW | which they couid not foresee and against which it | was impossivie to provide. The amount of paper in circulation, Mr, Peel said, increased In three years to $145,000,000 trom $115,000,000 in 1814, in 1817 trade revived, and importations were made from ali parts 91 the world, Many were deceived by a nominal profit, which, In truth, resoived itself into an excess of currency, aod the sume scene of distress and embarrassment Was renewed. All this overtrading was productive of no advantage; | but, as respected | THE LABORING OLASSRS, it was attended with incalculable mischief, The unequal and fluctuating demands for labor deranged all the arrangements of humbie life. At one period wages were too high; at another there was no employment. The) rapidity with which these changes followed. one another deicated all private arrangements, and frequently over- whelmed the laborer with want and misery. It was one Of tne features Of an excessive circula- | tion and that distinguished it rom the ordinances of nature as well as the more provident institu- tions 01 man, that it involved no counteracting principle to the evil which it created. THE BILL PASSES BUTH HOUSES IN ONE DAY. | Mr. Peel concludes by saying thatit was of the highest utility that the measure should pass as ex- peditiously as posstble. He thereiore hoped that it would go through its several stages at once. Mr. (afterward Lord) Brougham objected to such | @ breach of the forms of the House; but after sev- eral members had expressed opinions clearly in favor of the bill it was read three times and passed. The same evening it passed the Lords, under a suspension of the rules, | | NEW YORK AND INFLATION. | The Business Men of New York Ask for | a Presidential Veto. A petition signed by 2,500 business men of this | city, asking President Grant to interpose his veto | to protect the country irom the evils of inflation, | hag just been forwarded to Washington. It will | be found below. with some of the names of its | signers :— | New York, April, 1874, fag tll S. Grant, President of the United | tates :— Smr—The unde ed citizens of New York, viewing with alarm the recent action of the Con- | gress or the United States and the imminent dan- | ger that, m atime of profoand peace, laws will ve enacted wnich, a few years since, were held to be | constitutional only as “war measures,” and toat by the enactment of such laws as are now ‘ae pete f in both houses all the limiianons, promises an pledges of the last ten years will be rendered nu- | 1Ory, “ | Respectfally soltcit the intervention of your veto, In order that the honor of the country may not suffer in the estimation of our own people and in the estimation of ali the civilized nations of the World; and the undersigned appeal from their own judgment to the language of the most eminent of our statesmen in the Senate and House of Repre- sentatives in 1862 in justification of their plea that @ further issue of gréeenvacks under existing cir- cumstances, without the warrant of necessity, will inflict a stain on the honor of the Republic and impair confidence in every tuture pledge and promise given ia Its name :— A. A. Low, 31 Burling slip. Brown, Brothers & Co., 59 Wall street. Drexei, Morgan & Co., 23 Wall street. 8. B, Chittenden & Co., 428 Broadway. Scnultz, Southwick & Oo., 66 Cliff street. Samuel B. Ruggies, 24 Union square, Babcock, Brothers & Co., 40 Wall street, Willams & Gaion, 63 Wall street, Maitland, Phelps & Co., 45 Exchange place. Gilman, $on & Co., 47 Exchange place. HL. G, Stebbins & Son, 50 Exciiange piace, Greenleat, Norris & , 66 Exchange piace, Wallgarten & Co., 28 Broad street. Robert L. Maitland & Co., 43 Broad street, James B. Colgate & Co., 47 Wall street. Blake Brothers & Co., 82 Wall street. John J, Son, 39 W: | street. Samuel Sloan, 26 Exchange place. Richard Irvin & Co., 54 Exchange place, Charlies Lanier, 27 Pine street. Isaac Sherman, 63 Beaver street. R, R, Graves & Co., 63 Wall street, W. H. Webb, 54 Exchange place. J, Boorman Johnston, 90 Broadway. Elliott F. Shepard, 90 Broudway. le & CO., Ciifl street. ‘ogg, 32 Burling slip. ny, ‘Ie 39 Wall street. Grinnell, Minturn & Co., 73 South street. i} Booth & Edgar, 100 Wail street. | Summon de Visser, 68 William street, 1 3. & J. Stuart & Cow $3 Nassau street, { W. M. Vermilye, 18 Nassau street, J. 7 angy lye, President Merchants’ National an k. Benjamin B. Sherman, President Mechanies’ Na- 1onal Bank. ‘ Charies P, Leverich, President Bank of New York. Willam H. Macy, President Seaman’s Bank for Savings, Moses Taylor, President National Vity Bank. Willam L. Jenkins, President Bank of America. . G. aE Gillespie, President pro tem, Manhattan | Company, F..D. Tappan, President Gallatin National Bank. D. ©. Hayes, President Cnion National Bank, G. W. Duer, President National Bank of State of New york. | W, A. Falls, President Corn Exchange Bank, | Joseph Stuart, Vice President Hanover National | | Bank. William H. Scott, President Hanover National a0 William Adams, Presivent pro tem. Fulton Na- tonal Bank. R, Bayles, President Market National Bank, G Fontegue, President Seventh Ward National nk. R. He paoee President National Bank of the Re- public. George S. Coe, President American Exchange Na tional Bak. wae Kitchen, President National Park an F. A. Paimer, President National Broadway Bank. James Boell, President Imporie:s and Traders’ National Bank. Benjamin H. Dewey, Cashier Security Bank. | Jonn Castree, President Irving National Bank. Thomas 8. mond, President Produce Bank, William A. pa aeons Merchants’ Exe change National Bank. rh ne, ¢ Chemical National Bank. J. Mail, Presiden! . M. andy. editor Bvening | Norman White, President Mercantile National | Bank. R, L, & A. Stuart, ex-sugar redners ' | Devin D. B. Halstead, President New York National ©, F. Hunter, President People’s Bank. 2 President Pacific Bank. President National Butchers and Drovers’ Bank. 'W. A. Hall, Pret s Oriental Bank. C, Schwarzwaelder, President Germania Bank. H. P. De Graaf, President Bowery National Bank. Bevmone A Secretary Citizens’ Savings M. J. Adrian, nt German Exchange Bank. Preside U. H. Schreiner, Cashier German-American Bank. Maary Brothers, 6 Hanover street. Wiliam E. Savery, 97 Beekman street. Beebe & Brother, 104 Wall street. Witham H, Lee, $16 Fifth avenue, Horace Barnard, 98 Broadway. Thomas C. Acton, 32 Wall street. Sinclair Tousey, 119 Nassau street. Charies Watrous, 102 Wall street. Charles H. Griswold, Futh Avenue Hotel. Richi cone atreet, i ac H. Bailey, 514 East Twenty eighth street. 4, Lothrop, 76 Maaigon avenue, E.N. ‘Tauier, Jr., & Co., 47 Walker street. John A. Weeks, 58 Wall street. Ethan Alien, 102 Broadway. 8. H. Wales, 520 Filth avenue. Wiiham F, Cary, 267 Fifth avenue. ward F. Brown, 1,008 Maison avenue, . H. Smith & Son, 77 William street. L. G, B, Cannon, 311 Fifth avenue, Charles Denison, 225 West Fourteenth street. Wiliam C, Gilman, 31 West Thirt; th street. William Paxson, 76 Beaver street FE, trowbridge, 74 Broadway. Emil Sauer, 120 Broadway. rancis Moran, 84 South street. Fred Kahne, 113 Broadway. Knouth, Nachod & Kuhbne, 113 Broaaway, Acker, errall & Condi:, 130 Chambers street. Saanacl ghourpacnts Nephew & Ou 180 Duane st. james Striker, Murray Hill Bank. Theobald Frohwein, President New Amsterdam Savings Bank. P. Lorillard & Co., 16 Chambers street. 2. Butler Wright, 63 Wiliam street. Charles Butler, 12 Wall street. David Dows & Co., 20 South street, Fabori & Chauncey, 48 South street. W. 8, Whitlock & Co,, 57 South street. James W. Elwell, 67 South street. Sutton & Co., 117 Wall street. Kemp, meng & Co., 118 Wall street. William Walls’ Sons, 113 Wall street. Havemeyer & Elder, 98 Wall street. Decastro & Donner, 107 Front street. Moller, Sierck & Co., 90 Wall street. Havemeyer Bros, & Co., 89 Wall street. Havemeyer, Eastwick & Co., 87 Wall street, Campbeil, Hall & Co., 110 Naseau street, George W. Edelman, 234 Fourth avenue. Matthiessen & Wiechers, 106 Wall street. P, W. Engs & Sons, 131 Front street. Hobby & Co,, 66 South street. E. D, Hurlbut & Co., 85 South street. John Jewett’s Sons, 182 Front street, Josiah Macy’s Sous, 189 Front street. Lucius Hart & Co., 10 Burling slip. Ww Blodgett, 252 Peari street. Martin Kalofeisch’s Sons, 55 Fulton street, E, Ketchum & Co., 100 Beekman street. Willets & Oo., 303 Pearl street. samuel Willets, 24 Lafayette Shain Harper Brothers, Pearl stree! Eggleston Brothers & Co. 8. M. Mai, 295 Water street, E. Treadwell’s Song, 265 Water street, E. A. LeRoy, 263 Water street. Thomas J. Pope & Co., 292 Pear) street, Hazard & Jones, 212 Bearl street. Robert Colgate, 287 Pearl street. Winslow & Wilson, William street. M. K, Jesup & Co., 96 Liberty street. Augustus Wiggin, 30 Pine street. Alexander Shaler, 350 West ‘Twenty-eighth street. Wiliam Laimbeer, 73 Lexington avenue. 8, B. H. Vance, 206 West Twenty-third street. Joseph E. Gay, 20 East Twentieth street. ©. B, Curtis, 30 Broad street, G. P, Lowrey, 78 Broadway, N. F, Patmer, 29 Wail street. Denton, Staith & Co, Joseph C. Jackson. C. B. Wheeler, 81 Cedar street. Andrew W. Leggat, 44 Laight street. Messingel & Wright, 110 Duane street. Edmund Dwight, 20 Wall street. Ross, Campbell & Oo., 76 Worth street. Low, Hurriman & Co., 65 Worth street, William Lotiimer & Co., 75 Leonard street. Empire Woollen Company, 82 Franklin street, Fieitmann & Co.. 23 Greene street. J. W. Anghiltree & Co., 32 Walker street. Kis Knapp & Oo., 24 Waiker street, Porter & Dickey, Leonard street. Wallach & Co., 308 Canal street. Duke, Graham & Lockwood, Lispenard street. ‘Thaddeus Davids & Co., Wilham street, James L. Morgan & Co., Fulton street, Hatlock, Ugden & Co., Reade street. Rathbun Brothers, Reade street, Alired Douglas, 161 Broadway. Oppenheimer Brothers & Hirsch, Searey, Foster & Bowman. Samuel McLean & Co., 85 Grand street. Richard Iselin & Co. George Hughes & Co., 200 Church street. Scott Brothers, 198 Church street, Ward, Dickson & Co, James Everdeil, 302 Broadway. ‘Whitney, Cook & Co. 8. B. Chittenden & Co., 328 Broadway. Charles E. Maxweil. J. A. Roebliug’s Sons, Liberty street, C. H. Taylor, 95 Liberty street. Copeland & Bacon. Baker, Sanford & C F. S. saaqets & Co, Howard, ger & Co., 107 Caambers street, H, K. Thurber & Co., Keade street. Lord Brothers, W. CO. Langiey & Co., 78 Worth street. Chapman, Smita & Britton, Worth street, Spaulding, Swilt & Co., Worth street. Porter 15108. & Co., 443 Broadway) Hempmil, Hamlin & Co,, Broadwi E. 8. Jaffray & Co., 350 Broadway. Hoover, Calhoun & Co., Broadway. Coins & Brother, Broadway. Obenbeimer, Rothschild & Uo., Broadway. Louis Arnson & Co., Broadway, Carhart, Whitford & Co., Broadway. ©o., 459 Broadway. Adriance Robbins & Co,, Broadway. Ewery, Ivey & Lee, Broadway. David Morrison & Son, Broadway. Isaac Smith, Son & Co,, Broadway, J. Newitter & Sons, Broadway. Barbour Brothers, 134 Church street, Charles M. Moseman & Bros. Francis Spies & Uo., 66 South street, Carver & Barnes, 30 South street. H. Lamarche, 80 John street, Fellows & Co., 17 Maiden iane. And 2,300 others. WHAT 18 THOUGHT OF RAG MONEY. Further Comments of the Country Press. . The San Antonio (Texas) Herald has. this to say :— But upon no question have we been more decid- edly pronounced than we have been against the policy which would inflate the currency. We de- sire above all things to return to the resumption of specie payments and free banking, the one to be dependent on the other. And although we have found some eminent Southern democrats and douthern journals supporting this increase of the currency, we have noticed it with deep regret. The Chicago Journal says of President Grant:— The first, or nearly the first, bili signed by him as President pledged Congress and the republican party to pursue a policy tending toward resump- tion. From it there is no departure in honor or euety. The Boston Financtu R cord says:— * * * No more momentous responsibility ever rested on the President. ‘he people of the coun- try expect him to arrest the majority of the two houses of Congress in their mad career. Every consideration of national honor and economy points tn one direction, The President canuot be true to himseli uniess he interposes 8 prompt veto. We cannot believe that he wili prove taise to his repeated pleiges and violate the solemn promises of tne governinent by signing the infla- tonrmis’ bill, But suppose be signs it, Then he ranges himself on the side of folly and repadta- | tion, and trom that moment party names and party ties will be forgotten. The hard money men nave mot entered into this contest with the intention of yielding to @ chance majority. ‘They mean to fight tout at the polls. They have the public promise on their side. Their policy is for the benefit of the Whole people, rich and» poor. All history and ex- erience are in their javor; tueir ultimate success certain. The Philadelphia Led er saysi— The only hope of a check to the wildest propo- sitions for expansion is a veto by the President, a thiug that the usually best iniormed as to Winte House movements think not at ail probable, though the extraordinary character of the measure pro- posed 1s just such as to invite and to fully warrant bxecutive imterference, While it may be true that the President is dissatisfied with the action of Congress on the currency question, it can hardly be noped, in the meal tipuotty. of political and par- sonal considerations, that he will rise to the level of the occasion and interpose his veto to prevent its becoming a law, The Savannah (Ga,) Herald says:— Some of tne Soutnern members take the position that their States, “being poor and destitute,” should have more obey, overlooking the fact that it 18 capital, not currency, which is needed; that we cannot have until we earn it or import emi- grants who have it, The Louisvilie Courier-Journal has this to say:— There is no doubt that the strongest influence at infationists, alter all, are the great trunk rail- me Uy which, tw alWays mania for speculation (' parable attendant of the artificial prospe: induced by the first issue of an irredeemabie paper currency) has so demoralized the community that the debtor class now desire to evade payment of sheir maturing obligations. They reason that if more paper money be issued their debts being pay- able in “jegal tender,” anda of the farther tasae tending to make these paper dollars less value, they can more easily pay their debts. ‘The Aberdeen (Miss.), Zxaminer remarks :— We frequently hear ‘expansion of the currency” spoken of by our people as a panacea for all the evils they endure; but we must confess to an ob- tuseness that forces us to regard the proposition with disfavor. So faras the cotton region is con- cerned, it would prove a positive curse, for while it would ot aoe us @ dollar more for our cotton Septet would add to the vaiue of every article that our jolly and improvidence forces us to buy. The Lansing (Mich.) Republican says:— What the West needs is not more irredeemable per, but a sounder currency, and this sbe cad we when the government redeems ita solemn {nce ond ne bears. bly West has Le ood ators Who are Cr; for more currency, ‘who never can get “one to float all their sohemes and lif them to solid wealth. had “ wildcat” banks, and Brest, ne and other almost unknown Places sent out thetr $50,000 each of beautiful paper | money, the speculators cried tor more currency as Suite Cah ta ie Sel a ule et fan ten ani | style again, The Hartiord Courant remarks :— ‘There is one point in favor of iuflation that ite advocates have overlooked. It may greatly in- crease OUr reputation as a bospitabie ple. The rt that the Gy suraramens of Havana bas appropriat to sustain the Chinese Com- missioners ‘been printed and praised in near! all our exchanges as an act of princely manifi- cence. By the latest account inflation hua reached guch @ point in Havana that it soak 30° of paper money to buy $1 of the world’s circulating medium. This lact cuts down the princely munificence to 2,000—which, though a respectable sam, certainly ie to impreas one as the $50,000 item did. By eater inflation the appropriation might have yn called much more, and yet have been worth still less. ‘The usefur hint in this, that the more we inflate the more will we entertain outsiders, ought not to be overlooked, ‘The Marysville (Val.) Appeal says:— The people have for years been hugging the delu- ston that the government would abandon its green- back pare Money and get back wo ape pay- ments, But this ae Was illusive, as it appears Vhat Congress is in favor of increasing instead of diminishing the greenback currency. The fact is conclusive of rottenness and bankruptcy. * * * There is nothing pledged to redeem this floating currency jay or in the juture. The govern- ment repudiates it by refusing to receive it ior cus- toms. dat sort currency is that which the government declares is a legal tender between citizens of the country, and refuses for public customs? What kind of currency is that which the Supreme Court dare not pass a decision upon as to ite conatitutionality? Is an increase of such paper desirable? FIRE IN PEARL STREET. A fire broke out at hali-past five o’clock yester- day morning in the five story brick building Nos. 84 and 86 Pearl street. It was discovered by OMicer Cavanagh, of the First precinct, who, while Patrolling through Pearl street, noticed smoke issuing from a window in the third story of the building. He promptly gave the alarm and tue engines were soon op the ground. The flames burst through the fourth and fifth floors to the roof, which they soon destroyed. Tne heat was at one time so intense that the firemen could with difficulty work; yet they continued on bravely and succeeded in iimiting the damage to the building they were on. Several opinions were started at the scene Oi the fire as to its origin, One was that it started in the tea drying room, an¢ another that it originated with some cotton that nad been smouldering all night. An exami- nation has been ordered vy Fire Marshal Sheldon to determine this point, The first floor and basement were occupied by Michael Gallagher, } cotton merchant, whose stock was damaged to ,the extent of $8,000 by fire and water; insured for $70,000, ‘The second, third, fourth and fifth floors were occupied by |. M. Nichols, tea merchant; his loss Is estimated at $15,000. The buliding is said to be injured to the extent of $7,000, One of the firemen, a member of ‘ruck No. 10, had his hands slightly cut by glass. The examination be- fore the Fire Marshal will take place tu- morrow. A PIREMAN INJURED. William Hogan, of No. 238 Henry street, driver of hook and ladder wagon No. 6, was thrown from the truck at the corner of Clinton and Broome streets yesterda’ Second Street. Being severely injured, he was re- moved by iriends to his house, THE DEATH OF MB, KETCHUM. To THE EDITOR OF THE HERALD:— Will you please, in justice to the friends of Mr. A. V. Ketchum, correct the statement published in Friday’s HERALD regarding ms sudden death ata hotel in Fulton street? The article hints at his being suspected of poisoning himself. This is en- urely disproved by a letter found written to his wile, at Schenectady, on Wednesday noon, telling her that he did not wish to alarm her, bat he was fearful he had a fatal disorder of the heart, the same which Senator Sumner died of, and wisned her to come immediately and help him home. The disease has proved fatal among many members of D's family. le leit nis place of business at halt- past three P. M., and died before he was able to Teach his own room. By publishing this true ac- count of the sad circumstances you Will greatly oblige his aMicted triends, K. B. J. CITY AND OOUNTY TREASURY. Comptroller Green reports the following dis- | Dursements and receipts of the treasury yester- day:— DISRORSEMRNTS. Claims paid (No. of warrants 59), amounting to. ..$313,079 Payrolis (No. of warranta 6), amounting to... 3.65L Total number of warrants, 65, amounting to. RECEIPTS. From taxes of 1373 and interest. From arrears of taxes, assessm From collection of assessments and interest From market rent: From water rents. From licenses. Mayor's office, From fees and fines—District Courw. Total..... MARRIAGES AND DEATHS. Married. Borrom—Jaques.—At Woodbridge, N. J., on Wednesday, April 15, by the Rev. Spencer L. Fin- ney, at the residence of the bride’s grandmother, Mr, ALFRED Bottom, of Rahway, to Lotrig | JAQUES, Ol the iormer place. QUINLAN—SWEENFY.—In Brooklyn, on Wednes- day, April 16, at the residence of the bride, by the Right Rev. B, W. Bacon, Bishop.ot Portland, DENts 4. QUINLAN 10 SARAH A, SWEENBY. ROosEVELT—DEAN.— On Tuesday, April 14, by the Rev. Samuel Gooke, D. Diy NicHOLAS L, ROOSEVELT to ELEANOR, daughter of Joseph A. Dean, of this city. tnayntmn—HoRToN.—On Wednesday, April 15, 1874, at the residence of the bride’s parents, by the ‘Rev. J. F. Gourse, Mr. REUBEN TRAYNIEB, of Tarrytown, to Miss MARY ELLA, daughter of ‘Thomas Horton, Esq., of White Plains, N. Y. No cards. Died. APPLETON.—At Plainfield, N. J., on Sunday, April 12, Louisa, wite of William Appieton, aged 34 ears. Relatives and friends of the family are invited to atrend the funeral, on Thursday, April o'clock, from Grace church, corner of Seconda streets, Jersey City. BARTROLOMEW.—AG April 14, Rev. J. G. BARTHOLOMEW, D. D., aged 40 years, The funeral services will take place at the Church o1 the Redeemer, Newark, N. J., on Friday, April 16, at two o’clock P, M. Relatives and friends are invited to atsend, Boston papers please copy. Brapt.—0n Wednesday, April 15, CarL Locis BRADT, aged 5 months and 19 days, ferie and April 16, at two o'clock, at | faneral, on Thursda: hiebt atrest, Brooklyn. DeKalb avenue and Brum after a long and painfuliliness, AUGUSTA BRUMLEN, | & native of Goettingen, Germany, aged 47 years, 10 muonths and 1 day. The iriends of the family are respectfully invited to attend the funeral from her late residence, 212 | ashingion street, on Saturday alternoon at two clock. Casstpy.—On Wednerday, April 15, 1874, Mar- GARET Cassipy, a native of Tempieport, county Cavan, Ireland, aged 77 years. Relatives and friends 01 the family are invited to attend the funeral, from the residence of her son, Francis J, Cassidy, 241 Plymoutn street, Brooklyn, on Friday, April 17, at two o'clock P. M, CRovcHLEY.—On Tuesday, April 14, THomas W. H. OROUCHLEY, aged 64 years and 3 months. Relatives and triends are respectfully invited to attend the tuneral, from Stan ear Baptist o'el church, Friday, April 17, a work in Washington upon the currency question CULBI —On Tuesday evening, April 14, JARED has proceeded jrom the ratiroads. This has been | Moors, son of Nathaniel and th Anna N. altogether secret. We have seem, we may say | Culbert, aged 7 years, without exaggeration, furlongs of petitions in| Relatives and friends of the family are invited to favor of currency indation from merchants, farm- | attend the funeral, on Friday. at two o'clock P, M. erd and artisans—all classes of the people 6 irom the residence of his grandmother, No. 160 been brought out on that side by the advocates of | ‘Taylor street, between Lee and Bedford avenues, Li ex) on; but the raiiroads have been to all out- side appearances indiferent.s| tors. The bulk of ammens property: in the United States is largely systou oF finance can fost it prodtabiy to those eye inance can float one interested. Values must not only be Toston” but speculation must be inaugurated anew, and a feverish tide of travel and traMe must be impelied into activity at whatever futpre cost. The great Brooklyn, E. D, CussEN.—On Tuesday, April 14, Tomas OvssEN, T from his late resi- dence, 348 Madison ae St. Mary’s church, Grand street, corner of Ridge, where a requiem ‘mass will be celebrated for the bay med of his soul, at half-past ten o'clock; thence to Calvary Cemetery. Relatives and iriends are respectfully invited, while on the way to a fire in | 115,494 16, at three | Newark, N.J.. on Tuesday, | Friends and reiatives are inwated to attend the | LEN.—At Hoboken, on Wednesday, April 15, | April 15, of — VILLE W., 6OR 0! pleneos, and Sarab Fisher, 2B ee months and 23 ‘services will be held on this evening, at t o'clock, at the residence of porenss, 2 th street, Williamsburg, L. I. rae of Jamily are respectfully invited te FLYNN. -On Wednesday, April 15, BERNARD FLyYnx, a native of Athy, county Kildare, Ireland, im the 44th year of his age. Notice of the funeral hereafter. Francisco.—In Brooklyn, on Wednesday, April 15, Mrs, ANNA FRANCISCO, Ln the Slat year of her latives and friends are invited to attend the fune! from the residence o! A, B. Rogers, 180 Bisntoees) street, South Brooklyn, on Friday, at 0 P, GarnEs.—On Wednesday, A} TAL ALD- RICH GAINBS, of pneumonia, eheaglaaas Notice of paera hereaiter. Lucas.—On Wednesday, April 15, GrorncrR H. Lucas, aged 41. pom, ae - Notice of tuueral to-morrow, Grury.—At Orange, N. J., on Tuesday morning, aprh 16 Jomnrenee wife of Israel H. I. elatives and friends are res fully Invited to- Ete her CE ep ects 0 ener’ on igh street, on ast two sen eae. withous farther notion te n Carriages will meet the train leaving the foot of Borel street, New York, at ten minutes past one olock: P. M., Upon its arrival at Orange, HaLe—in Broce yesterday, MaBy VimGInu, wife of William D. Hale, solemn h mass at St. Augustine’s church, corner of Filth avenue and Bergen street, on Thurgsy, April 16, at ten o'clock A.M. . Interment: at Baltimore. Hamizton.—In Brooklyn, on Tuesday, rite 14, Many, eldest daughter of Josepn P. and’ Adelaide Hamilton, aged 5 years, 8 months and 14 days. ‘The relatives and friends of the family are re- spectfully invited to attend the funeral, from the: residence of her grandiather, 194 Prosper place, Brooklyn, on Friday, 17th inst., at two P, M. AlaGINs.—On Monday, April 15, AMasa HicarNs, Pere im dinaering illness, aged 78 years, 1 month ani jays. The funeral services will be held at his late resi- dence, No. 4 attan street, on Thursday even- ing, at half-past seven o'clock. Relatives. and friends of thy family are respectfully invited to attend, on Friday morning, Apri! 17. His remains will be taken to Bedford, Westchester county, lor interment, ieaving tie late rest ience at nine o'clock, precacly. Also the members of Concord Lodge, 'o, 60, F. and A. M., are imvited to attend, Kirzincrr.—On ‘Tuesday, Ane ie ALFRED M., mnger. ange: Funeral will take place trom their residence, 106 her Bigs tard street, on Tharsday, 16th inst., at wo P. Lunt.—On Wednesday, April 15, ANNIE A. LUNT, in the 34th year of her age, The reiatives and friends of the family are re- spectfully inviged to attend her funeral trom her late residence, 29 Sheriif street, on Friday, April 17, atitwo o'clock. LaVELLE.—On Wednesday, April 15, CATHARINE LAVELLE, @ native of the county Cavan, Ireland, aged 32 years. ‘fhe relatives and fr.ends ot. the family are re- spectfally invited to attend the funeral, from her late residence, 856 Broome street, on ¥ morn- ing at half-past nine o’clock. The remains will be | taken to St. Patrick’s Cathedral, where'’a solemn 66 late residence, 2,351 Third avenue, on high mass of requiem will be celebrated for the re- pose of her soul, and thence to Calvary Cemetery jor interment, Lvcas.—On Tuesday, April 14, EL wife of yer ‘Lucas and daughter of Daniel Van Bus- rk. ‘The relatives and friends of the family are re- spectfuily invited to attend the funeral, from her late residence, 247 West Seventeenth street, on Thursday, the 16th inst., at one o'clock P. M. MaBTIN.—On Tuesday, April 14, JamBs, youngest son of James and Ellen Martin, aged 16 months, The relatives and friends o{ the family are in- vited to attend the funeral, this day (Thursday), April 16, at one P. M., from the residence of his. parents, No. 202 Bainbridge street, Brooklyn. MULLEN.—On Tuesday, April 14, BRIDGET MUl- LEN. The relatives and friends of the family are in- vited to attend the funeral, on Thursday, Apri! 16, at two o'clock P, M., from the residence Of ber sister, Mary McSorley, 359 Bridge street, Brooklyn. icCanry.—Suddenly, on Wednesday morning, April 15, Exima A., widow of Eugene McCarty. otice of funeral hereatter. McCLura.—On Tuesday, April 14, Saran E., daughter of John and Ellen McClurg, aged 6 years, 4 months and 2 Metal Relatiyes and friends of the family are reapect- fully invited to attend the funeral, irom Kigh- teenth street Methodist Episcopal church, near Eighth av., on Friday, April 17, at one ‘o'clock P. M. McGratu.—On Wednesday, April 15, Kars, be- pp a a of Danicl McGrath, aged 40 years and § months, Relatives and friends of the family are respect- fully invited to attend her funeral, from her late residence, No. 171 Charles street, on Friday, the 17th inst,, at one o’clock P, M. MONEIL.—On ‘Tuesday, April 14 {SABRLLA McNEU,, beloved mother of John McNeil, in the 78th year of her age. Relatives and friends are respectfully invited to attend tne funeral, trom her residence, 222 West Seventeenth street, on Thursday, April 16, at hall- past one o'clock. McCPHILLIPS.—In this city, on Wednesday, April 15, OWEN MCPHILLIPs, native of county Monaghan, | parish of Kilmore, Ireland, aged 45 years, The friends of the family are respectfully invitea to attend the funeral, from his tate restdence, No. 7 Hubert street, on Friday, April 17, at mine o'clock A. M.; from thence to Barclay street church, where a solemn requiem mass will be said for the Othis soul; thence to Calvary Cemetery, EWBURY.—On Wednesday, 15th inst., Mra. La- VINA NEWBURY, aged 57. Notice of funeral to-morrow, Ork.—On Tuesday, April 14, 1874, at the re: dence of his mother, No. 812 Adelphi street, Broo! lyn, Rev. Epwarp Ork, eldest son of the late Ed- ward and Mary Orr, of Williamst 4 ‘The relatives and friends of the family, and the reverend clergy, are respectiully Invited to attend the funeral, irom the church of Our Lady of Mercy, Debevoise place, near De Kalb avenue, Brooklyn, at hall-past ten on Friday morning, April 17. OsTHEIM.—On Monday, April 13, EMILIE OsTHELy, o’ciock, Without furtner Invitation. | widow of Moritz Ostheim. ‘The relatives and iriends of the family are re- spectfully invited to attend the funeral. irom her late residence, No. 156 West Thirty-fourth street, | on Thursday, April 16, at half-past ten o’clock A. M. LA Cea eri LEY a4 ped and oulsa aged 1 year, 7 months a jays. ‘The iriends of the family and Lodge No, 28, i. 0. of 0. F. are requested to attend the funeral, on Friday, the 17th inst., at halt-past two P. M., from an 1,098 ae avenue, ‘ range county papers please copy. RAYROMD.--ATOr a long and Peintat sickness, Jane RaYMOND, in the 70th year of her age. The relatives and friends of the family are re- spectfully invited to attend the funei from her jursday,. at eleven o’clock A. M. KOBERTS.—On Tuesday, April 14, 1874, CATHARINE, widow o: David Roberts, aged 76 years. Funeral, Friday, April 17, at two P. M., from Jonn street Methodist Episcopal church, this city. REILLY.—At the residence of her mother, 515 Second avenue, Extza, only daughter of Edward and Fanny Reilly, in the 2ist year of her age. ‘The iuneral will take place on Thursday, the 16th inst., at one o’clock P, M,; thence to Calvary Ceme- tery for interment, USSEL.—On Wednesday, April 15, SARAH Russet, Telict of Samuel Russel, in the 87ch year of her age. Kelatives and iriends are respectiully invited to. attend the funeral, from the residence of her son- in-law, Leopoid Haas, No. 49 West Thirty-ninty street, on Friday, April 17, at ten o’clock A. M. Savannah papers please copy SHEPHERD.—Suddenly, on Tuesday, April 14, HARRIET PRISIOILA SHEPHERD, daughter of Stephen P. and Charlotte S, Shepherd, aged 2 years, 10 months and 8 aye, Relatives and friends of the family are invited to attend the funeral, at one o’clock, Thursday, April 16, from the residence of her parents, No. 26 Charles street. SALTER.—On Tuesday, April 14, MictaEr J. SAt- eR, beloved husband of Annie Mahon, in the 25th year of his age. Kelatives and friends of the family are reapect- fully invited to attend his janeral, fom his late res- ideuce, 249 West Thirtieth street, on Thursday, April 16, at one o’clock. ‘SHOTWELL.—On Wednesday, April 15, Mrxnir, daughter of Dr. A. and ALMIRA SHOTWELL, in the 19th year of her age. Notice of funeral hereafter. Philadelphia papers lease copy. = SPRING On Wednesday, April 15, of pneumonia, ANNA T., aaughter of the late Rev. Gardiner Sone hineral services will be held at the Brick church, corner of Filth avenue and Thirty-seventh arts % Saturday, the 18th inst, at three kK P.M © TOOKER.—On Wednesday, April 15, CoRNELIA aged 31 years. ee ere on Friday. the 17th inst., at two o'clock, from the residence of S. E. Melenfy, No. 761 Kighto tend wi a invited to Bast ey Miterie, ‘TUGWELI April 14, of a Amy, pid the late Noah well, Funer of Mary E. an haart from 259 West Sue ee Street om ne} Thursday, April 16, at two . M. Fin mag on Monday, Apri 1 FANNIE A ‘A, Gaughter of Henry H. ani Frances A. Vandyck, aged 4years and 7 months, Friends are respectiully invited to attend the funersi services, at No. 243 Clinton avenue, on Thursday afternoon, 16th inst., at four o'clock. VaN RT.—On Wednesday, April 15, of pnea- monta, JOHNNY B., youngest son of William and Saran Van Wart, aged 8 months. Relatives and iriends of the family are respect fally invited to attend the funeral irom 149 Frank- lin eg Thursday, April 16, at two o'clock. oe Branch papers please copy. Ww —On Tuesday, April 14, LAWRENCE WIM- MER, aged 61 years, 8 months and 14 days. The relatives and iriendg of the family, also the members of Marion Hose (No. 4) ‘Association, invited to attend the funeral, from his late resi big 4 11 Clinton street, at half-past eight o’clock, beg tage 17th inst, te April 1 RIGHT.—At Jersey Vity, on a GrorGIANA Wrigat, Tete t Toh he, Weignt and youngest daughter of the late B.S, Willets, aged ineral services-will take place at her Jate resl- dence, 154 Railroad avenue, Jersey City, on Toure day, at nine o'clock A, M. Remains will be to Fioshing, L. 1. Long Isiand papers viease copy.