ht followed in which Kellogg was driven from the
building, twenty-six persons killed and a large number wounded. Kellogg
appealed to Washington for help. McEnery, who was absent during these
violent proceedings, now returned and took the place of Penn. President
Grant ordered his supporters to disperse and General Emory forced
McEnery to surrender. The peace was broken in January, 1875, over the
election of members to the Legislature, and the Federal troops were
again called to restore order. A congressional committee was sent South
to investigate, and finally the quarrel was ended and Kellogg was
recognized as the legal governor.

ADMISSION OF COLORADO.

Colorado became the thirty-eighth State in August, 1876. The name is
Spanish, and refers to that part of the Rocky Mountains noted for its
many colored peaks. Colorado has more than thirty peaks within its
borders whose height is quite or nearly three miles. The wild,
mountainous region was explored in 1858 at two points, one near Pike's
Peak and the other in the southwestern portion. Both exploring parties
discovered gold, which, while abundant, is hard to extract. The
Territory was organized in 1861, and the principal discoveries of the
enormous deposits of silver have been made since 1870. The date of
Colorado's admission has caused it often to be referred to as the
"Centennial State."

THE PANIC OF 1873.

We had learned the meaning of hard times in 1837 and again in 1857. Once
more, in 1873, the blight fell upon the country. There were various
causes, all of which, in one sense, were the war. Prices had become
inflated, money was plentiful, and cities, towns, and people had become
extravagant. A mania seemed to seize municipal corporations for
indulging in "improvements," which brought ruinous debts upon the
municipalities. Enormous sums of money were invested in the building of
new railroad lines where the country was not developed sufficiently to
repay the expenditures. The quantity of goods brought into this country
was much in excess of that exported, a fact which turned the balance of
trade, as it was termed, against us. This required the sending abroad of
a large amount of money.

As illustrative of the extravagance in railroad building, it may be said
that, in the single year 1871, 8,000 miles were put in operation.
Instead of using ready money with which to build these lines, bonds were
issued by the railroad companies, which expected to pay the d