Abstract

The Week

The article presents information about various political developments taking place in the U.S. According to a snippet, the opening of the new year is justly regarded by enterprising publishers and editors as an important epoch both from a moral and pecuniary point of view. It is the period when an account of the profits and losses of the twelve month is taken and when, with the expenditure of much intellectual labor, the judicial retrospect of the past editorial course of the paper, coupled with its program and unwavering fidelity to the cause of truth and of right. According to another snippet, The most important financial event of the week was the beginning of specie payments by the United States Treasury. There was no rush of holders of legal-tender notes for gold payment, nor did public interest in the event rise to the point of excitement.