Chicago Daily Tribune Newspaper, December 20, 1872, Page 1

VOLUME 26. icoyo Dl avibmne, CHICAGO, FRIDAY, DECEMBER HOLIDAY JEWELRY. g STATIONERY. -HOLIDAY JEWEL ‘We have just opened, direct from Paris, one of the largest Holiday Stocks in the West. . convinced. Everything Retailed at Wholesale Prices. Let the unbelievers call and be Will be: open every evening until Christmas. ‘B.F.NORRIS & CO., 137 & 139 STATE- ST., near Madison. HOLIDAY GOCDS. 'WATCHES, JEWELRY, &o. SONTAG & STAUDINGER, IMPORTERS, _ Invite their friends and customers ‘{'and the public in general to their new store, 160 STATE-ST., Two Doors North of Monroe-st, ‘Where they exhibit their latest im- portation of Fancy Goods, Dolls, Bohemian Glass, La.va.Wa,re,Etc.,Etc., All suitable for HOLIDAY PRESENTS, At Retail. Christmas and New Year's Presents. LATEST DESIGNS OF Ching, richly pilded and decorated, Dimer, Tea, and Toilet Seis, Cuspadores, Tote-aete & Toy Sets, Motto Cups, and Sancers, and Mugs. DMMENSE ASSORTMENT OF Bohemian Glass, Vases, Punch Bowls, Co- Iogne ana Liquor Sets, Parian Statuettes and ‘Vases, Liava Figures, Vases, Cuspadores and ‘Smoking Sets, a1l of own direct importation, and sold fer less than by any house in the city. Itwill well pay to examine our stock ‘before purchasing elsewkore. F. & k. JAEGER, 73 WABASH-AYV. FURS. LADIEY WATCHES. ‘We have just received an exquisite new stock of Ladies’ Gold Watches- and Chains, selected with special reference to, the Holiday Trade, RODDIN & é HAMILTON, STATE & WASHINGTON-STS. 4 lay. o V|| PAPER, { Blank Books and Stationery, WHOLESALE AND RETAIL. CULVER, PAGE, HOVNE&CO, STATIONERS, Blank BookMakers, Printers, and Publishers of Commercial and Law Blanks, 118 and 120 Monroe-st., CEIICAGO. Books and Printing for the new year should be ordered without de- HOLIDAY GOODS. PhotographPaper Weights, Stands and Albums, Musical Albums, Fine Pocket Books and Portmonnaies, Leather and Fancy Wood Writing ) Desks, Leather, Glass and Bronze Fancy Goods, Library and Office WASHINGTON. Secretary Boutwefi-Again In- terviewed on Banking and Finance, Adverse. Report on Fe- male Suffrage in the Territories. Outlines. of McIntyre’s Bill---Pro- posed Repeal of the Cotton Tax. Passage of the Deflciency Ap- propriation Bill in the House. Peovision Made for the Introduction of Postal Cards. "Exciting and Lively Scenes in the Credit Mobilier Investigation, Inkstands, Dominoes,Playing Cards, Chessmen, Chess Boards, Cribbage Boards, Backgammon Boards, Gold Pens, Gold Pen and Pencil Cases, Fine Pocket Knives, Diaries for 1873, ete. The largest assortment of Fine Stationery in Chicago, at moderate prices. J. M. W. JONES, STATIONER, DIAMONDS, - WATCHES, FINE JEWELRY HOLIDAY PRESENTS PRICES EXCEEDINGLY LOW. Come 2nd examine our large stock beforo purchastng ! elsewhere, and thereby save your money. R. J. MORSE,, 449 Wabash-av. £ZOpen every eveninguntil § o'clock during the month 4] of December. GRAND OPENING! AND EVENING, DURING THE DA HOLIDAYS, AT W McELWAIN'S Jewelry Store, Corner Stafe and Randolph-Sts. C. A. MORSE, oy FURSY LADIES,look t> your own interests, and purchase your Furs of the Manufacturers, BISHOP & BARNES, Corner State and Monroe-sts. The Targest Stock »f FINE FURS, and GENTS' DRESS and BOYS' HATS ever shown in the West. TO RENT. OFFICES TN THE Tribnng Building Are nearly finished. Several are set untaken. Fire-proof, with vaults. English tile floorsthrough- out. No offices in the city equal these in every first-tlass respect. Plans of the Tribune Building can be seen at the office of : 'W. C. DOW, Room No. 1, Nevada Block. MEETINGS DMasonic. Lodge. No. 35 A. F. & A, —Regular Com- o R (Erldsrs exening, 1a o Parios of Ovien- il Hall, No. 122 LaSallet., at {3 oilock, for business. By order of the Master. E.N. "UCKER, Sec'y. Masonic. Regular Communlcation of Dearborn Lodge, No. 310, shis (Fridsy) evening, cornar of Madleo an ‘Hobes-sts. . 3. Degroe. 3 Work on & order W 2y DMasonic. Asngal Convocation of Washington Cnpter, Nc. 43, R.A. M., evening, Dec. 2, at73 o'clock. Elect tion ofoficers. A fall atteadence expected. By order of the M. E. H. P JOHN WHITLEY, Sec. Notice. - There will be & meeting of the Master Builders at Room. e D IR, o tereatst are rbamostad ot X 5 o {nterested are eque fede By otderof CAR) resident. FINANCIAL, Loans Negotiated ‘= fhe city or aubnrby, at current rates. S. HUBBARD, Jr., 168 East Washingtor TION NOTICES. SLUTION. igtoforo ozisting undertho geme, & Son, Boots and Shoes, i3 day issolved, nnd S. R Vs to ,!;:;!El ldl?‘]yhna‘ig:si’l hmlbl m . 5 o 'B'B"m“'u.n.nm\vm e e . D.1m. \‘ & \ WATCHES & JEWELRY. A fine assortment of cameo, amethyst, coral, and gold sets. Rings of every description. Opers, guard, snd vest chains. Gold, silver, and ivoryheaded canes. Shiver plated ware from the best manufactorles in the., country. Dismond sefting. Fino watches put inorder. 223 West Madison-st. REMOVALS. “REMOVAL. £.F HOLLISTER &GO, Carpet Warehouse, Have removed to the New and Spacious Store, 121 & 123 STATE-ST,, NEAR MADISON, ‘Where they will be pleased to see their friends aiter this date. REMOV.ATL. GERSTENDBERGH COMMISSION MERCHANT, Has Removed to 199 Fast Kinze-st. INSURANCE. MERCHANTS’ INS. 00, OF HARTFORD, CONN. A1 parties who suffered loss under policies of this Company by the fire of Oct. 8 end 9, 1871, are request- ed 1o call at our offics immediately and execute addi- tional papers, S, M. MOORE & CO, 119 and 121 Lasalle-sts L=5 Chica o Dec. 20, ‘WANTED. WANTED. SEVERAL ENERGETIC SALESMEN, who have had experience in the various de-, partments of the Dry Goods Houases, and who have alarge acquaintance, and are de- sirous of becoming general salesmen. Ad- dress, mentioning the names of firms now with, ENERGY, Tribune Office. Wanted---Hotel Man. Toutusl inducements for, party with mesns, who ¢knows how'to keep a hotel, " on i prominent biisiness corner in Chicago. Baylog outnot necessary. Address 3056, Tribuna ofice. MISCELLANEOUS. LIBRARY & OFFICE INKSTANDS AT WHOLESALE AND RETAIL, At Culver, Page, Hoyne & Co.'s, 113 and 120 Monrog-st., Chicago.. New Juvenile Books, At RUBBELL’S. 148 Btate-at. PRINTER & BLANK BOOK MANUFACTURER. 68 South Ganal-st., and 107 Sonth Clark-st. NEW PUBLICATIONS. THE POPOLAR SCIENCE MONTHLY CONDUCTED BY E.L. TOUMANS. NoO. PRICE FIFTY CENTS. Contents of Mo, 9, for Jannary, 1. The Study of Soclologs—Subjective Difficalties. By Herbert Spencer. IL Spontancous Mosoments ia Plants. By Alfred W. Bennett, M. A., B. Sc., F. L. 8. (Illustrated.) II1. Light and Life. By Fernand Papillon, IV. A New Phase of German Thought—The Philosophy of the Unconscious. ¥rom the French of Leon Dumont. V. Evolution and the Spectroscope. By F. W. Clarke, VI. Dr. Livingstone. By L. J. Proator. (Portmit.) VII. Art in the Stons Age. (Illustrated.) VIIL Cultivating Wild Flowers. By Prof. Samael Lock- wood. IX. The Velocity of the Will. By R. Radan. X. Astronomical and Physical Observatories. XI EpiTor's TABLE: Observation in Education— Death of Mr. Gresley—Tyndall and Froude. LITERARY NoTICES: Tyndall's Faraday as 2 Discov- ‘eror—Gladstone's Michael Faraday—Feuchtwan- ger's Popular Treatise on Gems, eto., etc. BfiscELLANY: Experiments on Bound—A New Bpecies of Rbinoceros—The Sun as a Borer of Mountalns—Antisoptic Propertios of Borax— ‘Balb Calturo in Holland—Cinchona in Bongal— Disintegration of Tin—Opium-Poppy in Franco— Test for Silk Goods—-The Osage Orango—Phos- phoric Actd, otc. Nores. . The POPULAR SCIENCE MONTHLY is published #] 1n & large octavo, handsomely printed on clear type. Terms, 85 per annum; or, 50 cents per cops. CLUB TERMS. Any person romitting 320 for foursearlysubscriptions, will recaive an extra copy gratls, or five yearly subscrip- tions for §20; Tho POPULAR SCIENOE MONTHLY and APPLE- TONS' JOURNAL, for one sear, S8. D, APPLETON & €0, Publishers, 549 and 551 Broadway, N. Y. FURNITURE. EXTRAII Furniture Holiday Presents! Secretarios, Library and Dwarf Cases, ditto with Becretaties, Ladies’ Desks, Chiffoniers, tto with Writing Desks, Library snd Sew- ilg Tables, Portfolios, Kasels, ditto with Portfolios, Canterbury, Music Racks, Wall Pockets ahd Wall Towsl Racks, Bracketss Easy, Fancy, Folding, Reclining and Csmp Chalrs, Foot Rests, Ottoman and Foot_Stools guitabl for neodlé work, Bhaving Stands, Tojlet Cases, Pedestals, Bible and Album Stonds, Cabinets, &c., &¢. Any of the above articles are suitble Gifts for the Holidays, which weare ATLING at WHOLE- SALE prices. H. LIEBENSTEIN & €0, 443 & 445 Wabash-av. 42 to 46 Peck-court. COAL WILKESBARRE COATL,, 'FROM OUR OWN MINES. ‘We desirs to notify our customers that, haviog our new §tesm Breaker ia rynaing order, we are’prepared to do- Liver all the assorted sizes of Anthracite at the fol. Jowing rates: LEHIGH LU WILKESBARRE-Lari Smin) Hnog ut.. Blossburg and Briar Hill, including several qualities of ‘Bituminous Goal, alwass on hand. ‘We hiave also on Dock, 240 cords best Maple Wood, which we offer to tho trado in grass smonnts, BLAKE, WHITEROUSE & C0, Office, 19 Chamber of Commerce. Yards: Indians-st. Bridge, Twenty-second- st. Bridge. SCALES. FAIRBANKS' STANDARD SCAT.HES OF ALL SIZES. §FATRBANKS, MORSE & 00 - 65 WEST WASHINGTON-ST. Special Despatch to The Chicago Tribune. BANKING AND FINANCE. WasmINGTON, Dec. 19.—Besides his niimerous appearances, the prosent session, before the Ways and Means Committee, Bocrotary Boutwell has been given several hearings by the Benate Finance Committee, on important financial matters appertsining to bills introduced or recommendations made on behalf of his De- partment. The first matter to come regularly up for/ consideration waa the recommendation made/by the Comptroller of the Currency to al- low “incressed facilities for bauking pur- poses, and to repeal the law . requiring ks official to withdraw 825,000 from Btates hav- ing more than their quots of circulation. On the Comptroller, and asked that his recommen- dations might be carried into effect. His argu- ment was that it would be extremely difficult to execute the law requiring the circulation to be withdrawn, while it would be essy to in- crense the present facilities of banks which havo not yet receivod their quots. The Committes are also engeged in considering Sen- ator Cole's bill, which, it will be remembered, provides for the substitution of legal tender notes for National Bank circulation. Itis con- tended by the friends of this measure that it will be better to have an uniform currency than two kinds, besides the vast saving which wonld ac- crus to the Government the cegeation of the interest now paid to the National Banks for do- ing Government banking business, This messure is strongly opposed by the Treasury Depart~ ment, and, in_ view of the powerful influences agayed sgainst it, will probably never be re- p&-ted upon, unless unfavorably. ‘The old fight against the proposition to em- power the Registor of the Treasury to exchange Tegister for coupon bonds was brought out in the Senate, to-day, when the bill reported by the Finance Committes was called up by Benator Sherman. ‘The objections to this bill are that it will enabloe holders of registered bonds to profit by the margln, which exists in the favor of coupon bonds, and that it is framed entirely in the interest of Wall street speculators. Then again is the other objection, that registered bonds are mostly in the posses- sion of American holders, and that the proposed mensure would tend to throw our securities into foreign markets. Senator Sherman meets 4,1.\:(:50 pointa the Secretary indorsed the views of all these objections by showing that, when the rieht of oxchange i3 oncd conceded, the difference in values between these clnsses of bonds will necessarily be taken away; and further, that of the $600,000,000 of regis- tored bonds now outatanding, 450,000,000 long to the National , and that the reason why citizens have not taken these bonds more largely is becanse of the existing discrimination. The Benator holds that, 8s a matter of policy, and to incresse the popularity of the registered bonds among the American people, this unmenningless and unnecessary distinction should be removed. The bill will be called up again to-morrow, when it will undoubtedly pass. OPPOSTTION TO BLISS. It is reliably stated that s formidable oppo- sition will ba made in the Senate to the confir- mation of the nomination of George Bliss as the TUnited States District Attorney for theSouthern District of New York, solely on the ground of the character of the appointee. A SLDf HOUSE. There was barely & quorum in the House, to- day, 80 many members having gone home for the holidays, and, although the resolution of ad- journment requires »_session_to-morrow, it is { very evident that there will be_ less than & working quorum present during the dsy. There was little of importance 1in the proceedings of the day, much of the time being taken ‘up in regular monotonous work. ‘The usual crowd of District of Columbia people, including the Board of Public Works and con- tractors, were about the lobbies, waiting pa- tiently for the Deficiency bill to come up, that their” Little plum of & million =and ‘and a quarter of dollars might pass, so as to get it through the Senate before the holiday recess. Tho bill finally came up, after a number of Execative communications had been presented. Efforts were made to kill the District appropria- tion, but they failed, and the bill, with the postal card section, was passed by 109 to 45, THE LOCK-UP INVESTIGATION, Although the House Banking and Currency Committse have just finished an investigation, begun at the last session, into the charges that National Banks have been engaged in locking up currency to produce & strin- gency in the mon‘gy market, thus affecting stocks, Fernando Wood _to-dsy offered a resolution, which possed, directing the Com- mittee to inquire if any combination for the 80 exists, and what legislation is necessary $o stop the illicit practice. The Chairman of the Committee, Mr. Hooper, has a bill for this object already prepared. THE FARRAGUT BTATUE. The contest between artists for the -$20,000 collosal statue in bronze of Admirsl Farragnt, gravided for at the last session of Congress, to e placed in the square in this city bearing his his_ name, becoming quite spirited, and to-day the time for the presenta- tion of the models was postponed for thix:fi deys from Jan. 1. Dr. Horatio Stone Dag & fall-sized model in ciay aiready finished,- ‘which is receiving great praise from Senators and officers of the navy who served with Farragut, and, it is said, Mies Vipnie Ream 18 also & -contestsnt with » finished model. An artist in New York, one in Boston, and one in Florence, Italy, are also to be competitors. The choice is to be made by the Committess of Public Buildings and Grounds of the two houses. COTTON-TAX REPEAL BILL. Congressman Melntyre, of Georgis, repre- senting the State which paid the largest portion of the cotton-tax, says that his bill o repeal the same, which is now under consideration by the Committee of Ways and Means, was introduced solely for the purpose of defeating the lobby interest. Itwill be remembered that his bill provides for the distribution of this fund, zmounting to almost $70,000,000, to the State, #nd not to individuals. He also seys that the bill of Representative McKee, introduced at the last session, and which contemplates the pay- ment of individual claimants, was framed on- tirely in the interests of the lobby, without & single objection or divsenting voice. _PENSION BILL. The Senate, this afternaon, passed the regular annual Pension Appropriation. bill precisaf; it came from the House. Thirty :millions four hundred and eighty thousand dollars are ap- propriated. ARTI-WOMAN BUFFBAGE. In revorting adversely upon the'bill to allow 20, 1872, women to vote in the Territories, Senator Ed- unds, the Chairman of the Judiciary Commit- tee, remarked to-day that whatever might be the ‘sentiments of the Committee on the sbstroct question involved in the bill, this was s matter which should be determined by Congress. Notwithstanding the adverse report of the Committee, Senator Pomeroy got the bill placed on the calendear,with the view of having & thorough discussion when the proper time arrives. LAW AGAINST CURRENCY LOCE-UPS, _ Samual Hooper, Chairman of the House Bank- ing and Currency Committee, submitted & re- EO“ relative to carrency lock-up by National Janks. The Committes repctt that their inves- tigation was_especially directed to tho Tenth National Bank of New York. The Committee find that on April 4 and 5 last, tlio bank attempted to lock up currency, with a view of creating s panic ; that tho scheme was perfecied after the regular banking hours ; that checks were pre- gented in an unbusiness-like manner ; that H. N. Bmith carried away $3,100,000 in his_pocket for the avowed purpose of {rightening brokers, to bring down prices of gtock of which he was *short;” that the stringency thus produced was national, and that the spirit of the Banking law was violated. The Committee, in view of the promised reform, donot recommend any action against the Tenth National Bank, but réport a bill designed to pre- vent future lock-ups. The penalties of the bill ‘are o forfeiture of the charter, five years’ impris~ onment of the ogm'.lty officers, and a fine of not less than $10,000. _ THE TEXAS COMMISSION. " A clause in the regular Deficiency bill was in- serted to-day by the Appropristions Committee, limiting the term of service of the Texas Fron- tier Commission to June 30, 1872. CREDIT MOBILIER. It is said that a rather explosive scene oc- curred in the Credit Mobilier Committes room, to-dsy, during the cross examination of Colonel M’Comb by John B. Alley. Both of these gentlemen know & good deal more than they are willing to tell, and each is mware of ° the lmowledge of the other. The trouble is for one to keep the other from making %\:b].ic things which wonld prove injurious to himself. M'Comb made 1o ob- jections to being placed under cross-ox- amination, relying on his own ability to defent Alley's object. Some of the questions he answered with perfect frankness, but he un- dorrated Alley, and found that he had done an unwise thing to submit himself volunta- rily to one who knows so much sabout the ftricks and the manners of the Railroad Lobby as the ex-Massachusetis Congressman. {Vhen the questions became iroublesome, M'Comb refused to answer them. He was asked to give his reasons. He answered that the guestions were not pertinent to the inguiry. He was told that they were pertinent, B whereupon he became demonstratively angry, :| and said that the questions were not only not pertinent to the subject, but that they wera impertinent in their object and aim, and he would not answer them. C'Comb isnow anxiousto crose-examine Ames. M'Comb, in his statement to the Committes, reiterated his testimony regarding James Brooks, and said that in addition to the fitty shares of the Credit Mobilier stock previously stated by him s having been received by Brooks, there was 100 shares which he had received, and that he, M'Comb, proposed to substsntiate the statement before the Commission. General Ben. Butler is taking an unusual interest in the sessions of this Commitiee, and is using all his power, openly and secrétly, to force the meetings to be open to the public. Itis said the General is on the war-path in pursuit of Dawes, whom he hopes to convince of disgraceful conduct in regard to the Credit Mobilier. If he can disgrace Dawes in 3Massachusetts, or in- jure his influence in any way, he will have a clearor road to the Governship of that State than he has now. Following the wake of Con- gress and the Supreme Court,'the Committee will hold no more eeesions until after the holi~ day recess. General F. W. Bird, of Boston, has & commu- nication in tho Now York Zribune, to-day, con- cerning the Credit Mobilier business. He szys that the Invesitgating Commitiee should yield to the public demsaud for an open_investigation. The following is an exiract from his letter: “If it wero proper, I would appeal to one member of the Commiites, who, a8 is well known here, can, of his own knowledge, ‘benr testimony to the fact that the Credit NMobi- lier stock was offered to at least one member of Congress, for that member was himself, but that he, a man_of incorruptible integrity, a8 ho is kmown to be, declined to receive it.” DEAVER LAKE. The House, to-dey, agreed to the Conference report on a bill, which passed both Houses last session, regarding the Beaver Lake in_ in- dians. A number of speculators purchased the land eurrounding this lake, took possession of it under what is known as * riparian Iaw,” and drained it, thus coming into possession of about 15000 acres of very valuable land. Other speculators claimed it 48 public land, and pre-empted it. The State of Indiana claimed it 28 “ swamp land.” This bill which will ba a law when it will be signed by the President, gives the land to the State for such use as to her may seem proper, which action is satie- factory to the Clnizient, VIRGINIA MATTEBS. The fight that has beon going on for s long while between the native and so-called * carpet- bagger” Republicans of Virginis, was continued in the Seuate in Execntive Session, to-day. The son of ex-Governor Wells was appointed under the Civil Service Rules to suc- ceed his fo'her as United States Attorney for the Eastern District of Yirginis, and when the nomination -1ne up, to-day, it was opposed by Senator Lewis, who consumed nearly an hourin his efforts to prevent its = confirma- tion. He asserted that- the President had been imposed upon and misled in this mat- ter, and would not have made the appointment had he known all the fects in the case; that the younger Wells was unfit for the position because of his youth, and for other reasons, but the Benate confirmed the nomination. ~Mr. Lewis Wx]xln:ahis brother appointed in the place of ells. [Zo the Associated Press.) NOMINATIOSS. Wasararoy, D. C., Dec. 19.—The President :]:nt the following nominations to the Senate to- y Chas. B. Wilkinson, Collector of Internal Revenue, Sixth District, Missouri. Postmasters : B. M. Crawford, anegfi, Kan. ; J. W. Whipps, New Lexington, Ohio ; L. T, Chevar, Delaware, 1L ; Mrs, Eliza Sellers, Pekin, I1L. ; ¥ M. Tripp, Farmer City, Ill.; Samuel Mathews, Sidney, Ohio ; John McArthur Chicago, TlL. A STRINGENT DECISION. The Postmaster General has made a very im- portant decigion in relation to the responsibility of Pogtmasters, under their bonds, for the loss of registered letters. He has decided that Post-. ‘masters are responsible, and will hold them ac- countable. This construction has never been ‘made before, is contrary to the opinion of many jurists, and groatly increases the responsibilities ‘under Postmasters’ bonds. CONFIRMATIONS. _ The Benate, in Executive Session this after- noon, confirmed the following nominations : James H. Burdick, Marshal of Dakota Territory; Wm. Prund, Attorney for Dakota ; John H: Marghal for the Weatern District of Pennsyl- vania ; Chauncey N. Notewear, Coiner of the Branch Mint at Carson City, Nev. CONGRESSIONAL. BENATE. RELIEF. ‘WasarNoToN, Dec. 19.—The bill for the relief of 8. B. Elliott was paased. POSTAL BILL. The House bill, amendatory of the code, 4 with amendments, was reporte passed. Tho smendmonts change tho rato of posiago on seeds, authonzed to be transmitted, from two cents for four ounces to one cent for every two ounces or fraction of two ounces, and pro- vide that all mail matter of the third class must be fully prepaid. POSTAL TELEGRAPH. Mr. RAMSEY (Minnesota) from the Committee on Post Offices and Post Roads, reported the Postal Telegraph bill. The bill is tho * Hubbard bill,” with sundry modifications, The Postmastor General is re- quired, 28 soon a8 practiceble, to establish tole- graph offices at all Post Offices on telegraph circuits, at others within ten miles thereof, whore the salary is at least $300 per annum, and other places where the wants of business re- quireit, The charge for transmission is not to excaed 1 cent per word for circuits of 250 miles, counting address and signature, with norate less than 25 cents, except night messages, for which 1,000 miles will be a circait ; tolls can be prepaid by stamps; delivery within a mile of the office ostal and tho Posimastor Gemeral. _ Govemgy messages are 0 AT axis ol St be S ?masn% by t‘he Pouhmud?efi 01eeS ;.;YQ {) wh cénts per hun DA NTTTY 2 XA 30 Beber) ‘miles, at night, and WY drop rates at intermediate office’ .. v cénts and 75 cents in day. Rates for press associations not to ex- coed those now paid ; 6 cents postage to be paid on each press despatch. The Fourth Assistant Postmaster General is to be appointed to super- vise the administration of the telegraph. 0 Postmaster General is also authorized to con- tract with the Postal Telegraph -Company for the transmission of correspondence by telegraph, a8 his agent for ten years, according to the provisions of this act, with the right to construct and provide lines on all post routes and to all postal telegraph offices, and may take possestion of the same in case of s failure to perform the service, and contract with other parties therefor, ing said com- pany with the loss. The capital stock of the company will consist of 10,000 shares of the par value of 8100 cash, paid up, to be incressed by an amount equal at par value to the cost of the lines purchased or constructed theresfter. Tele- g:ph companies in actual operation, are allowed sell-to this company at a valuation to be fixed by five disinterested peraons, two named by the Postmaster General; two by the eeller, and one by the four previously selocted. The company is also _authorized to es- tabl offices independent of those established by the Postmaster General. Any Postmaster may act as an operator with the as- sent of the Postmaster General, The Jompany may make special contracts with .railroads, per- sons, or aasociations for the use of the wires. The Government reserves the right to remew the contract or annul the franchise far negleot or failure on the part of tho Company. POSTPONED. The bill allowing women in the Territories to vote and hold office was reported upon adverse- Iy from the Judiciary Comumittee, and placed on the calendar, . The bill relating to_judgments in the Provis- ional Conrts of Louisiana was reported upon ad- versely, and indefinitely postponed. PROHIBITORY. Mr. SHERMAN, from the Finance Commit- tee, reported a substitute for the bill prohibit- ing the sale of liquor in the District of Colum- bia and other Territories. REBELLION REMINDERS. Mr. EDMUNDS said that he intended to call -up the joint resolution adverse to the erasure of the mames of battles from flags and the army register, but refrained, 88 he understood that Senator Sumner was too unwell to speak. THE FARBAGUT STATUE. 5 A resolution was adopted extending the time for receiving models for the Farragut statue hirty days. (GING BONDS. EX Mr. SHERMAN called up the bill authorizing an nxchmfa of registered conpon bands. 2 Mr. BAYARD offered an amendment, which was agreed to, providiug that the operation of the law shall not increzse the public debt or rate of interest on the bonds. ‘The bill was briefly discussed and laid over. FRENCH BPOLIATION CLADL The Senate resumed consideration of the French 8poliation bill. Mr. 'OM moved to postpone the bill. Mr. MORTON offered an amendment provid~ ing that none of the money appropriated by tho act shall be paid to insurance companies ox their representatives or assignees, which received the War premiums upon risks for the loss of which they were paid a compensation, nor to any person or persons representing claims which wWere in whole or in part paid_by insarance com- anies, to the extent that such claims were paid )y £ail cazvlgmies. Mr. WINDOM moved to lsy the bill on the fablo for tho purpoe of taking up tho Indisn Appropriation bill. Lost. AMr. WRIGHT (Towa) offered a substitute for AMr. Morton’s amendment, more restrictive upon the claimants, which was ordered printed. Pending action on the bill, the Senate at 3:30 p. m. went into executive session, and soon after Adjourned. HOUSE. . GREENBACK CORNEBS. On motion of Mr. WOOD, a resolution was adopted that the Benking Committes ‘inguire whether unlawful combinations for loeking u) gold and money exist, cuusing commrcial an financial stringency, and report what legislation 18 ncenary to provent and punish sacte malsw: ful combinations. THE NEW YORE STAMP ROBBERT. A resolution was adopted appointing a com- mittee of three to examine the cause of the loss of stamps from the Assistant: Tressurer's office in New York. * DIFLOMATIO. The bill for paying the expenses of the Mexi- cnz %gmnul oelan wse passed. bill, iplomatic Appropriation bill, appropriat- ing 31,382,000, was roported, and mASEtE o cial order for an. 7. DEFICIENCY BILL. The House then, at 1 o'clock, went into Com- mittee of the Whole, Mr. Scofield (enn) in the chair, on the Deficiency Appropriation bill, After some ineffectual efforts on the part of some of the Democratic members to defeat the item of 81,241,920 for the Board of Publio Works-of the District of Columbia, the Com- mittee rose and reported the bill to the House, with an amendment offered by Mr. Holman nd.), forbidding the Board of Public Works rom increasing further lisbility on the part of the United States for the improvement of streets, avenues, etc., beyond the smount of the appropriation previonsly made by Congress, or from entering into any contract touchin ench improvements on the partof the Unite States, except in pursuance of appropristions mado by Congress. The amendment was adopt- ed, and the bill passed—yess, 109 ; nays, 41, THE BEAVER LAKE LANDS. Mr. FARNSWORTH mado & conference report on the Senate bill of the last session, releasing to the State of Indiana_the lsnds known as the bed of Beaver Lake, Newton County, Indiana. The House recedes from its amendiment, and another amendment is sdopted to insert the words, “ the same having been _drained and re- claimed at the expense of the State of Indiana and its assignees.” Aftor considerable discus- sion, the_Conference report was concurred in, end the House then took up the bill reported Iast Tuesdey by Mr. BANKS, from the Commit~ tee on Forcign Affairs, in regard to the INTERNATIONAL EXPOSITION at Vienna in 1873, The bill appropriates $100,- 000, and requests the Governors of the several States to invite their people to assist in the proper representstion of American industry at the Exposition. R After remarks by Messrs. BANKS and STEY- ENSON (Ohio) in advocacy of the bill, the amendment which was offered by Mr. HOAR 1ast Tuesday for the sppointment of & Commis- sion of not more than twelve skilled citizons to attend the Exposition and report thoir observa- tions to the President, was agreed to. Mr. MORGAN (Ohio) moved to striko out the approprintion. Negatived. e bill was then passed. GHANGE OF NAME. Mr. HOOPER roported back the Senate bill suthorizing the East Chester National Bank, Mount Vernon, Ind., to change its location and name, Passe CAPITAL IMPROVEMENTS. Mr. GARFIELD (Ohio) asked the House as & matter of courtesy to the Senate, to pass before the sdjournment of the Senafe, the bill for & stesm passenger and freight elevator in the Benate wing of the Capital. Mr. COX objected. FABRAGUT BTATUE. The Senate bill extending the time to present ‘models for the Farragut statue passed. NEW YORE STAMP LOSS. The SPEAKER appointed as the Select Com- mittee on the loss of revenue stamps in the Assistant Treasurer's office at New York, Mer- Tiem, Cotton, and Cox. NEW BILLS. Leave of absence was granted to s great many members. Amidst much confusion and pressurs for adjournment, several bills were introduced and reforred to tho House. Adjourned. = S Fatally Stabbed for Joking. Special Despatch to The Chicago Tridune, Dunuqu, Dec. 19.—At Lesle, Minn., Theo- dore Thompson was fatally stabbed’ in the abdomen by one E. Hoffgard, a veterinary surgeon, in the saloon of John Tuscoe. Thomp: son’was conversing with some friends, and {olingly asked Hoffgard if an almanac which Ls d in “his hand was a doctor’s book, which 80 provoked him thet ho drews knife snd cut ompson in fearful manner. Hoffgard was immediately placed under arrest, and taken to Austin. Minn., and ooufined n jeil. NUMBER 123. free. Above one mile, the rate will be fixed 'ny‘“Li TH E E Rl E R Al LW AY. Settlement and Withdrawal of AT Suits Against Jay Gonlds The Little Broker Eats Hum< ble Pie, and Humbly Disgorges Nine Millions. Important Decision -in Connection witl Erie Preferred. Foreclosure Suit Against the Grand Opera House, Special Despatch to The Chicago Tribune. New Yoms, Dec. 19.—The following is Jay Gould's letter to President Watson, of the Eris Company, offering to make rastitution : New Yo, Deo. 17, 1872, Dear Sir: Referring to my recent consersation witiz you on the subject of the claims of the Erle Tupon me, I assiume that there is no longerany &t cient reason why an adjustment of all open guestions, satisfactory and honorable to both parties, should not ba made, Ihaveat all times since my resignation as ‘President of tho Erie Company been prepared to moksy’ conveyances to it of properties belonging to the Com- pany, to which I never made any claim. In additica to these, I bave held in my name both real and por- © sonal properties, which I intended for the use of tie Erie Company, some of which were forced upon me to meet real exigencles of ths affairs the Erle Company during =¥ administration, and others which I purchased rathie= with expectation of benefitting the Company throuziz the business to accrue to the road, than for any other motive, Upon your construction of my cecounts with the Company I am charged with all the moneys thvs expended, and the properties in question, therefore, belong to'me. My idea is rather that tbey should 53 to the Company, and that I should be credited wiia: their value, Another question of more importance grows out of the state in which I was compelled to leave my 2ce counta with the Company at the time of my with drawal from the Presidency. I could then have ex« plained many matters, which now are invalved doubt, One sccount book belonging to the Compar: has been mislaid-since I Jeft the Presidency. Throug] entries in it, I conld readily account for all discrepana cies which you have pointed out to mes It was kept for this purposs, and _it& loss was n _ serfons barrassment, Buk eml Iam willing, snd proffer to meet you in a spirit that shall leave no question as to my motives or intentionsy Take your own statement, and yon claim $9,080,000, Tho various pieces of xeal estato Now York, Newd Jersey, Pennaylvauis, 0, an Donds which T mentioned in my st conversation you, I believo’ you will consider worth more g ibo’ Erle Company than the total sum elaimedy Bome of these propeérties were purchased with my owy money, and tho Company baa no claim upon themy but they are necessary for its use. Inow 8 S it B Erena e Houss 12 a ‘conve T i dcene™” Dropietics, owaed By Mrs you from th Compady. T do this for, the sake of peac uzo any litigation of Yo queations 18 movs anhoyiag to me than the locs of the money involved, and becauso I am sincerelst snxious for the success of the Erie Company, i which I have a large pec interest. . Very reapectfully, JIat GoTLo. Peter H. Watson, President Erle Raflroad. New Yo, Dec. 19.—The now Erie managed ‘ment completed, to-day, the most notable of it undertalings. At the meeting of the Board ‘morning there were present the President, P. Watson, ex-Governor Morgan, Mr. Babeock, MrJ Cisco, Mr. Schuchardt, Mr, Laosing, Mr. dell, 1. B. Duncan, §. L. M. Barlow, Mr. Dayy M. Shippen, and William R, Travers. The report of the Special Committee appointed to take into consideration the proposal made b; Jey Gonld, looking to the settlement of thi suits institated against him by the Erie Railway, Company, was_submitted. S. L. M. Barlow, Eq D. Morgan, William Butler Duncan, W. By Travers, and 8. H. Watson constituted the Com« mittes. 'The report presented was very longi embracing the full terms of the offer made \é Ty Gould, and concluding with the recomd mendation that the proposition of settlement bal accepted. The report was adopted. Tldx?n result wig.\Jbe £ unvfikhflmwt:!h of the !néls pending against Jay Gould upon the surrender to the Board of Directors of securities amount« ing to 9,086,000, which sum, according to tha opinion of the members of the Special Commit« tee will cover the total amount for which ther various suits had been brought. The terms of settlement with J: L&Go\fld include the transfer of 60,000 shares of Erie stock, the Grand Opera- House, and & number of lots of valuable land, amounting to fally $7,000,000 8t current values. It is stated that before this thing was consum- mated Jay Gould was allowed to pack up all the’ Erie shares he possibly could in this raerket. and at London, and that he is now the owner of something like 200,000 ehares, on which he ex« pects to make more money than he surrendered: to the Company. h This statement was confirmed by Gould him- self, this afternoon, who also said that there was an understanding that he was to be con- sulted on matters of importance in connection: with the business of the rosd. He thinks thst the arrangements now made will enable the Company to Iay & third rail on the Erie Road to. make an alliance with the Lake Shore Railroad. It is also stated, on other suthority, that the ‘money derived from the sale of these securities, is o be nsed in laying a third rail, whereby the parrow gauge roads of the West may have an' other outlet to New York without break.ins bulk ; and, farther, it is reported that Jay Gonl will throw his influence in the Northwesterm' Company in favor of bringing ita traffic over thg, Erie when the third rail is laid. There is a large short interest in Erie shares, snd it is swspocted on the streef, that Jay Gould will work Erie like Northwestern come mon, and eventually twist the operators on tha bear side. It is also said that the claim of the Erie Rail« way ngainst Jay Gould was rednced some $650,« 000, on the discovery that he had turned ovex that sum,—the proceeds of 80,000 ehares of Erig atock to the Company. The entry didnot ap< pear in its proper place in the Erie_books, bufi it v;:La at length discovered and the sum al« o S. L. M. Barlow stated, to-day, that the proper< ty surrendered by Jay Gould is estimated to be of the actual cash value of from $6,000,000 ta $7,000,000, and_ worth to the Erie Company fuil the amount of its claims. The necessary writ= ings were making at his office and the securilies, were to.be delivered to-day. Mr. Barlow said Jay Gould received no equiva~ lent whatever, except the abandonmentof the claim against him by the Company. Various opinions are given as tothe causes which ledto Jay Goulds surender, some be- lieving he had no other resource,and others, that itispart of adeeplylaid plan to regai some of his loat influence orer the Erie Boad: friends of the road declare that the semi= sonual dividend on the preferred stock will be paid as usval In the matter of Thomas St. John against the Erie Company, in_the Circuit Court, Judge Blatchford, to-day, filed his deciston. &t. John smed the Erie Company for dividends on shares of the preferred stock of the Company held by him, on the ground that this stock was entitled t0 7 per cent dividend before interest was paid on the £1,000,000 bonds issued in 1865, and be fore rent wes paid on any leases taken sinca Jan. 1, 1863, of_any roads worked in con- nection with the Erie. Judge Blatchford now decided againat the claimed priority of preferred dividends, and holds that the preferred stock isnot to be entitled to priority over anything but the common stock, and dismisses the cesa with costs. = The foreclosure suit brought against tid Grand Opers House is to collect s balance of & $100,000, due Nov. 1, with interest from Rug.7, 1872, and is in'the name of Ellen 3L Pike, the holder of the mortgages, and was brought before the death of 8. N. Pike, her ?:s!l::ni;d. 'tntm morttgage is not Emnectedl with o Pike estato, as the pro erain belong to3rm. Pike solely. T a4 68 Obituary, NASIVILLE, Tenn., Dec. 19.—Captain John N. Corbett, &n old and well-known. tyver mad and citizen of Nashville, but in the employ of the Memphis and 8t. Lonis Packet Company a8 con msander of the steamer Emma Elliott, died sud denly at Memphis yesierday,