The Views Of Henry Clews

Henry CLews, the New York banker, üi a special to the Courier, tells about ■fche withdrawal of gold trom tliis eountry to eettle foreign credits, and then draws the {oUowing conelusions: Tliere can be llttle question about tte cause of these immense -n-ithdrawals oí capital to Burope. In th main, it ignifies that cur kxreign ereditors ha-e becoime distnistiul of our ability to aTO ourselves from dilfting npon tlie silvcr basis. Tlieir tear :is not so much about the possibility Í cox taking care of eueh) silver jnoncy is we at present have. It is tíiat the BilTOr factiom, Avhich has ehown its ability to force on the) counbty already 500 millions of what are virtual'.y Hlty cent dollao-s, and that it üiay Btill retaiu force enough to yet ftirthr increase those issues Indeïinitely ; and they say t-hat wo hare no eatisfactoi-j' assurances to tJie contrary ito advancc- but hopes only, wlllch at is claimed, find littlO lackng in tlic present phaoes oí Federal politice. In all this there is a great deal of exaggeration of the worst features of our catse, and pcriiaps V.ttle disposition to give due credit for the certaüity wlth -i-shich we always nltiinately correct our blunders ; and the iact nevertheleKs is that our i-s choose to take their ovn view of -the anatter, and tlieir opinions can be chaaged oniy by eome sort of conclusive demonsbratioia ilmt no further issues of siher nvonoy In tJie United States u-e poeliHe. Th'c jM-ospects of CBJTemcy legislatiO'n by tlie present congress are fast vamtahing, if ttoey liave not whoUy disapina refl. AJiy general st-hcme ior dí'aliiií? with liank viiculation becomes more impossible of Jvun'iod reaJlzation as diiversities oí opinión develop. Time must be Ho-wed for üie parisoai ana nuututring oí views ; ana sentiment Beems to 'be drifting in faTOr of the ippointineint oí a national commij-eion of eminent experts, wlio sluill lienor wïtme and report co-nclusions at tlie next eessio-n of conjjress. Iliere is m'ueli to be said in of that course, e.specially as congicincH ere Imperfectly iniormon Ule question, nd as this method of tiv;ttmcnt miglit Cevelop the mature judgment of tliose best qu;iliïied to cooimsel better tlian any other. I',ut the dranged conditlon of the treaeuTy finanoos and especially of fcbegold reöefc-Y-e is a separate matter, which will net admtt oí any pos-tponement. A measuro ji!roitlUig in thO first pOace for deficicm-ies f revenue, and in the neit for a fixed gold infonif, impei-atively needs to be enaeted at the pending eeesion of congreee, aaid W ie hardly oonceivable that the admtotetration will faii to 1U-J.C tlio adoption of a law to that effect at aai early day. TbAt being accampltebea, the more acute and urgent liffi:-ulties wlll be overeóme, and cuestión of retiring the tegal ten((,,s .■uHlíil'.ins tlhlr places wtth bank notes can be well allowed to stand over for a year vvitnont any im mediatc se loue inconvenl nee. That is ai xhe nature oí a general enrreney raea;sure; whilst the treasury proT lem is tliO niuch nainnver one of re-eetaWishtog recent departurea from the customary usases oí making paymt-.nts ín í gówrnment in gold or o-oiMÍ certiiieatee. Ií money will make a University, the Chicago üuiversity will be one. It has $000,000 on hand for next year. The i legislativa junket to the upper península is a mistake.-Ann Arbor Courier. Ves. the wlmlo Legislature ís a tnistake.- Democrat. Alas! Alas! for Donovan I ís lie so Boon forgotten? There is to be a winter meeting of the Michigan Press Association at Detroit on Feb. 19th and 20th for business only. The Detroit Free Press lias offered $25 cash forthe best written essay on "How to Make a Succeasful Newspaper," to be read at tlie meeting. Dr. Charles L. Dana, in an artiele entitlod "(Üants and öiantism," in Scribner's Magazine, announces an important discovery, the result of severa! years of investigation - that is, that "giantiam" is a disease. Don't doubt it in the least. A great big one, too. It is about time congress did something to protect the seals, and Representative Uiiiííley's resolution in m_ fcrf m - - - - - -- ir w greaa recently, looking to that end, ought to be brought up and passed as soon as poasilili'. Ga. James B. Wearer has written that hie wUl be present at the People's party etate comention to he held at GreeirrtUe, o.n Feb. 6th. At least Dr. NLcbols seawls us word to timt effect land the Dr. would not joke a.bout t1i,;it. There was but oiie dissentihg vote Wednesday, whën the House committee on election of president and deut at Washington, D.C. , agreed toreport a joint resolution amendingthe conBtitution so as to provide that the President shall be eligible to service but one term. The Courier mam has been razzledazzled over the short-term s&ruatorship. - ("filar Hpriaiíts Clipper. Tlie Clipper wlll have to admit one thing. The Witor of the Courier subm'Jtted gracelully to the will of the majority, aid did not fill his columns ivitli ra lot of Billy kicking andj fooüsh stuif which the eneany could use agaiast his party, just because he did not succe&d in secuiing the election of the mam api his cholee. Doii't créate any more state institutie ns Uiis winter, gentlemen of the Irnislntiire, please dan't. Fix up what -vve have and let the people take care oi themselves at home. You see they get umeasy with SO' many public institutions in sigiht wherethey can be taken caxe of at the expense of the state. Don't do it, there are a lot of people watching yo-u remember what you said about economy and short sesskrais before election. - Joneeville Independent. Tlie Buffalo Express has a vetry inteiesting item on evolutlon at Adrián. It reade : "A man ín Adrián, iíicih., h.as raised a pig which was bom with but two lege. Thiis is an interesting ptiysiiological pliemomenon, especially as it illustrates a principie oí the development oi species. In the gTOwth of two d'iistinct fomns toward each other, there must naturally be progiiess botk ways. Tlie de-elopmcnt oí hoggtoih charactarietics in men often has been noted and commented 011. Here Ls a. case oí th.e ment of human characteristles in a Iki.ü-. As mam assumee the nature oí the hog, the hog dvelops the physic-al fonm of man. Thus in time it may be expected tbat the two foiins will graw iaito oiie and that th-e distiinstioo which now exlsts between the human animal and the poix-ine animal will disa.ppear. Instead, we shall liaxxj tho maii-hog or the hogmam. At ïirst tliO'Ug'ht it might be lu-ld tluat this wO'uld be rumous to the pa.k:ng-ho'use business, but that does not necessa.i-ily iollow. The hogmaji miglit oasily bO a niuch better va.riety oi perk thain thO present hog a.ml 1 he (lcY-elopment of the hoggish nature in man natnrally would removie all present iscruples whioh exist I iin ifoe mind of tbr animal against I eating Hs kind.