Chicago Daily Tribune Newspaper, March 5, 1873, Page 4

— b wes practicable competition was impossible. 4 THE CIIICAGO DAILY TRIBUNE: WEDNESDAY, MARCH 5, 1873 ey TERMS OF THE TRIBUNE. TERMS OF SUBSCRIPTION éYATLI!lI TN ADVAXCE). L. o Sundsy.. Blpoipet-S12:00 | Seady 8330 Parts of a year st the same rate. “To prevent delay and mistakes, be sure and give Post Office xddress in full, including State and County. Remittances may bo mad either by deatt, axpreas, Post OXce order, orin registored lotters, at onr risk. TERME TO CITY SUBSCAIBERS. Daily, delivered, Sunday excepted, 95 cents per woek. Daily, delivercd, Bunday included, 80 conts per woek. Address THE TRIBUNE COMPANY, Corner Madison and Dearborn-sts., Chicago, Tl CONTENTS OF TO-DAY’S TRIBUNE. FIRST PAGE—Washington News: Tho Inaugmration Coremonies; Closing Proceedings in Congress. | SECOND PAGE—Washington Lotter—London Lotis.— “Wendell Phillips’ Lecturo Last Evening—~Congioss 2nd the Independent Pross—Communications. 'THIRD PAGE—The Law Courts—Suicide of 5 Former Chicago Reporter—Tho Board of Polico—The Com- ing Exposition—Mr. Nesbitt's Imitator—Porsoual Items—The Brosdwsy of the Fature—Railroad Timo Tablo—Advertisoments. FOURTH PAGE—Editorials: The Last Outragoi In- ‘nuguretion-Day Procession: Local Debt and Taxs- tion; Tho Canadian Pacific Railway—Current News Teems. FIFTH PAGE—Notes from the State Capital: The Chi- eago City Tox Bill-Advertisements. SIXTH PAGE—Monotary and Commercial. SEVENTH PAGE—Bailried News—The City in Briel— ‘Small Advertisements: Boal Estate, For Sals, To Ront, Wanted, Boarding, Lodging, Etc. EIGETH PAGE—Forelgn Nows—Tho Stato Legislaturcs —Miscellancons Telegrams—Markots by Telegraph. TO-DAY'S AMUSEMENTS. M'VICKER'S THEATRE-Madison strect, botween tate and Doarborn. Engsgement of Edwin Booth. ** Richslion.” ACADEMY OF MUSIC— Halsted stroet, south of Msdison. Matince, **Uncle Tom's Cabln.” Evening, “¢ City Temptations " and **Hendy Ands." E HOOLEY'S OPERA HOUSE-Randolph stroet, be- twoon Clork and LaSalle. **False Shame.” Afternoon 2nd ovoning. MYERS' OPERA HOUSE—onroe streat, botween ftato and Dearborn. _ Aslington, Cotton & Kemble's Minutreland Burlesque Tronpo. GLOBE THEATRE—Desplaines street, between Madi- aon cud Washington. ** Hidden Hand.” Aftarnoon 2ad ovening BUSINESS NOTICES. ROYAL HAVANA LOTTERY—WHOLE £ Clrculars sont; informstion sives; TICKET, A1REZ £CO., Bankers, 0 Wall-st., B. O. Box 16%, New \ork. JUDGING FROM THE ALMOST DAILY THRONG o Iaatids and eilicled {n simost every form to b soen % oardepots going sunta, our clly. boidg the centro nt e thy arsive- trom Slighigan, Wisconsis, Tows, sad T iitemesote 10F transfor, tho Modicsl lnsrmary at Clisrlcs- BT fany iastjtations (broughout tho Wost have sprs B ass yonre, cliiming to.caro all the maiadios ir to, but, because morit ¥as wanting, thele firmnasy of Dr. 8. Van Soter & Co. o Tes o giory, and nocds po Focommend of ours: hav- ik angocestal oporation. OvOF & QUAFLCE of & cen- ot crowlag 12 popalar favor, 1s scgument o foror 10 hoso speling rollor [y ucs, EEoaghin The Chitage Teibune, Wednesdsy ‘Morning, March 5, 1873. ng reliof. Foster, the car-book murderer, has .een res- pited until the 21st inst. That Tweed should have been acquitted by s Jury is not strange, as- juries go; and thatthe New York Legislature, by a vote of 15t07, should have rofused to declara his seat vacant, is not strange, as legislative bodies go. The frauds on the Bank of England are now gaid to amount to two millions of dollars. Nothing certain can be learned cuncamingf.hu amount of the losses, or the manuer in which the swindle was effected, a8 every effort ismade 0 conceal the facts by the losers. Evons, the wellknown Pennsylvania claim 2gent, who has been brought to trial at last for the gross frauds chiarged sgainst him, uffers to testify that the late Gov. Geary made & verbal contract with him by which he was to retain 10 por cent of all the State moneys he collected. The evidence has not yot been admitted. The Texas Pacific Railroad has been refused $y the Benate the permission it asked to con- solidate with any railroads in' California that were not through lines. The ground of the re- Zusal wes, that such union would tend to railroad Jmonopoly, according to the principle Inid down 5 George Stephenson, that when combination ‘Wonan-guffrage was contemptuously dismissed Arom. consideration by the Sonste Committee, the other day, but it makes hesdway in the State JLeogislatures. A short time ago, tho Maine Sen- Ate voted in favor of it, and yesterdsy a major- Jty report was made in the Massachusetts Logis- ature, by the Committeo on Femzle Suftrage, in favor of woman's right to vote and hold office. “The Committes stood 7 to 3. At noon, yesterday, the mantle of the Vice- Presidency fell fromMr. Colfax’s shoulders upon those of AMr. Wilson. -In the remarks with which r. Colfsx delivered his gavel to his successor, 1o eaid that during the ten yoars ho had presid- #d over the two Houses of Congress he had com- mitted no act that proved the confidenco mis- placed that-called him to those positions. Vice- Prosident Wilson, in assuming his new duties, re- ferred briefly to his eighteen years'service in Congress, and gave assurances of fataro good be- ‘havior, 28 usual on such occasions. Mr. Garfield made & formsl protest befors Congress adjourned against the conduct of the Poland Committée toward him. He had.ex- pected thet they would recall him when testi- mony was given.that conflicted with his own, in order that he might explain the discrepancies, “This was not done; much of the testimony in referends to his case was omitted from the ovi- Aence printed; and the facts are summed up by | tlie Committee in » manner which he protests is’ not wairanted by tho testimony. He declares that ke will before long sddress & statement of " his cass fo the public. e A mnss-meeting of the' citizens of Chicsgo 15 éalled for next Saturdsy evening, to raise 1 fund of §150,000 for the inter-State In- 3ustrial- Exhibition, which is to be.held in this city next Septomber. :In their meet- ‘Ing 1ast night the Exposition Committes se- lectod Lako Park, northof ‘Congress street, as tho site of the Eshibition.. It will begin Sept 15, and last a month. An immense collection ia® %o be made-of the products of commerce, in- .- Austry,” and the"aris, and, in addition, tho Ex- position will be enlivened by miusical and other opulsr entertainmohts o : Parties by the name of Chase, who -have been'excited by floating paragraphs in the news- pepers’ msto tho prospectivo reslization of fsbulous fortuoes, as the Chase heirs to an cstate of unknown millions in England, sro interested to know tha: a private letter from the Yenersble ex-Ohiot Justise Bigelow, of Boston, t6 a gentleman- in this city, disposes of the hopes of this Chase after inheritance in the following terms : . I have . nephew a direct Seécendant trom- Aquills Chase. He investi- gated the whole_subject severil years ago, and erty there belonging to tho Chaso heirs, and that the whole story is & hambug and s swindle.” Judge Delnhay is to bo made the scapegoat of Congressional iniquity, after all. Articles of impeachment have bocn reported ngainst him by the Congressional Committoe sppointed for that purpose. Delahay's offenseis that of drunkenness. 1t is disgusting enough, and criminal enough, in & Judgo, to demand punishmont and disgraco. But Judgo Delshay is not sny moro & dfunkard now than when he was appointed, and no charges of corruption are brought sgainst him. Yet he is impeached, whilo Judge Durell, who has boen guilty of gross violation of the Constitation, and Judge Sherman, who bas boen guilty of accapt- ing money for the exercise of his influence, are permitted to go on, encouraged to renew their disgracefal acts by their escape from punish- ment. It is & flimsy eort of morality which prompts the House of Representatives to im- peach Delahay, when it passcs over the cases of Durell and Bherman. The opposition to the proposed city charter for Now York is 20 widespread, and has such good ground, that it msy yet bo defested. The Nation charges directly that it has been manufactured by the Custom-House Republicans, and that it ia intended to turn the'city over to & new Ring, to bo composed of Murphy and his friends, inclad- ing Jimmy O'Brien. It charges, further, that this schemo datos back to the campaign of lasi summer, and that United States Commissiones Davenport is to be appointed Chief of Police in roward for his services in cending Supervisors and Deputy-Marshals into private honses and as- certaining from servant-girls how their masters wers going to vote. In fact, it isno longer denied that this Mr. Davenport is to be Police Superin- tendent, if the new charter can be passed through the Legislature ; and tho whole schemo has the appearance of an attempt on tho part of certain Republican politicians to feather their nests after the style of Boss Tweed and his under- lings. President Grant's insugural saddress statos that he has confined the efforts of his Adminis- tration to tho restoration of harmony in the Union, the advance of public crodit, and the material prosperity of the countiry. All tho States are at peace, and no Executive control is exeraised in any one that would' not, under sim- ilar circumstances, be exercised in suy other. Gron. Grant still thinks tho application of Ban Domingo for admission as a Territory ought to havebeen granted, but says he will nover ad- vocate the acquisition of any territory until the sanction of the peoplo is given. In the futare he intends to devots himself to the maintenance of peace, the rceumption of spocie payments, the furtherance of chesp transit which will leave & living remuneration to the producer, the encouragement of manufac- tures, and the civilization of the Indians. He will maintain the Bpirit of the Civil Service rules. ‘The address closes with & complaint that since 1861 he has been followed in his public sarvice by slander and abuse scarcely ever equaled in political history. Itis now reported from Massachusetts that perhaps neither Mr. Dawes nor Mr. Boutwell will be elected to the United States Benate to £i1l the vacancy caused by Mr. Wilson's resigna- tion, and that some new man will be taken up. Horeia Mr. Oskes Ames’ opportunity. There are indications that his candidature for the TUnited Btates Senate wonld be well reccived in Massachusetts. Gen. Butler would be de- lighted to appear bofore the Legislature, and in- dorse him as *that good old man” and “that honest old man” from Massachusetts. The Boston Advertiser would also be delighted, as it has recently expressed the opinion that we should not have had any Pacific Railroad at sl if it had not been for the courage and far- sighted faith of Mr. Oakes Ames. Patriotism of this high order should not go unrewarded, particularly when it i 50 well appreciated 23 in Mnssachusetta. Mr. Pomeroy, whom Messa- chusetts produced originally, is about to retire, and it is fit that Massachusetts should do some- thing toward filling his place. Oakes Ames would never disgrace that Stato by offering disloyal resolutions, as Mr. Sumner has done ; and, best reason of all, there may be an oppor- tunity ‘for another Credit Mobilier. In that case, Mr. Oakes Ames should be on hand, and his sphere of usefulness might be incroased by sending him ¢o the Senate instead of the House. Every township in Sangamon County was represented in the Farmers’ Convention held at Springfield. Gov. Palmer spoke concorning the oppressive charges of the railroads, which pre- vented the farmers from selling all their crops st fair prices. He comparod tho plea.of “ vosted rights” made by these- corporations to tho doctrine of ‘“‘divine rights” undor which railroad companies employ an army of meon as large as that which was sent to suppress the Rebellion, and are' much mord to b fesred, with their hundred of millions of capital than the old. National Bauk whose §35,000,00 created 50 much alarm in the olden dsys. The remedy suggested by the Governor was, ss givon in Lhis message, that railroads should be made public highways as free 88 rivers to all who choose to use them. Thisis not impracticable, ho urged, for already on through' lines are run the cars of different freight companies, snd the system could easily be extended to adwit all who wished to run cars, whether individusls or ‘com- penies. The resolitions passed by the Convention “afirm these views, and ask further, that the Legislature onact 1aws to pre- vent unjust discruninations by the railrosds, by the Stock Yards at Chicago, East St. Louis, and by all other monopolies in tho State, and to pro~ vide for the election of the Railroad and Ware- house Commissionars by the people by ballot. The Chicago produce marketa wera less activo ‘yesterdsy, and breadstuffs were lower. -Mess pork was quiet, and 10@15¢ per brl higher, clos- ing at $13.75@13.80 cash, snd £18.90@18.95 seller April. Lard was quiet, and 10¢ per 100 Ibs bigher, st $7.756@7.80 cash, and $7.95@8.00 soller April. Meats were in fair demand, and a shade firmer, at 45¢e for shoulders; 63@636 for short ribs; and 68@6%e for short clear. "Dressed hogs wero in good demand, and 25¢ per 100 b higher, closing at £5,60@5.65 for choice. Highwines were more active, and advanced 1o per gallon, closing st 87c. Lake freights were rominally unchanged, at 13@18¥c for corn to Buffalo. Flour was more active, and easier. Wheat was less active, and 1o lower, closing a 91195 cash, and $1.213( seller April. Corn ‘was active at yesterdsy's prices, cloaing dull at 8134@31560. cash, and 82c seller April - Osts were dull, aud Xc lower, closing at 263 cash, and 265(@263{c seller April. RBye was quiet snd steady at 65c. Barley was dull, and 1c low- Jecamse entirely safisfied that there was no prop- | er, at Tio for sogular No. 2, and 72@72%¢ eeller despots eheltored themselves for ages. Theso - April. Tho stocks of grain in store here aro zo- ported st 2,192,274 bu wheat ; 5,450,432 bu corn ; 1,587,766 bu oats ; 801,702 bu ryo; and 408,123 bu batley. Total, 9,040,279 bu, besidos 106,512 ba corn afloat. Live hogs were in good domand at unchanged prices, or at £4.40@5.00 for common to extra. The cattle markes was active, and the better grades were firmer. Sheep mot witha {fair inquiry, 2t a shado higher prices. THE LAST OUTRAGE. Tho two Houses of Congress, on Monday, per- petrated an outrage without palliation or excuse. The members of this Congress were electod with s full mmowledgo that their compeusation was fived by law. That compensation was £€5,000a year, and milezge computed at the rate of $8 for each twonty miles. The mileago of & member of Congress from Illinois, computed =t 1,000 miles, would smount to $400 each way oach session. The actual cost of travel is $20 each way each session. The emoluments of & member of the lato Congress, therefors, were: Balary, two years, £10,000; mileage threo ses- sions, $2,400; total, $12,400, or $6,200 each year. Congross, however, in fixing the salaries of future Congresses, increased their own pay, and voted themselves $15,000 each for tho two years,—$5,000 more than they had agroed to serve for. Taking this money will bo nothing more nor less than an act of robbery of from £3,000 to $5,000 for each member who pockets it. It was an impudent raid on the ‘Treasury for spoils “"to bo divided among the members of an expiring~Congress. The advo- cates of this measure gave as an excuse that their receipts did not pay tleir expensos,—mean- ing thereby thoir necossary exponses. It is false. Five tnonsand dollars & year will pay— has paid—their necessary expensos in more ex- pensive times than these. No apology can be offered for this nction. It was claimed that the mileage of mombers from the Pacific Coast excoeded that of members from the Atlantic States, and that, therafore, tho California members got greator compensation | than the others. But members from New Eng- land knew very well that this inequality of mile- 8go existed whon theysought the office. Not ono of them would have daved, befors election, to have statod his purpose to voto himself $5,000 extra pay. To take advantage of his position, and, at the close of Lis term, to voto Dhimeelf 35,000 additional back pay, is s glaring exhibition of eolfishness and a wanton breach of fuith, Itis possible that some members may havo voted for this provision under compulsion,~that i8, had to vote for it or defeat the Appropriation bill. All such members can provo the honesty and justico of their purpose by refusing to &2- cept tho money. There is no Iaw to compel them to receivo any more monoy for their ser- vices than their contract authorizes. They are not obliged to accept the share of the plundoer voted to them. They can best display thoir per- sonal integrity by sllowing tho money to remain in the Treasury. How many of them will do this? How many of these Congressmen, even of thoso who voted against the bill, will refuse toaccopt their shares of the plunder? Wo shall seo. There were soms fifty members of the Houss who absented themsolves when the vote was taken. They cannot hope to cscape responsi- bility ; thoy must show their complicity in the robbery which they could have defeated by their votes, or their honest bjection to it, by accept- ing or refusing the money. Which will they do ? Every man who nccepts the money, whethor he voted for it or not, must be held equally respon- sible for the outrage as those who dared placo themselves on record in ita favor. INAUGURATION-DAY PROCESSION. Yesterdey, Washington witnessed a splendid pagesnt, devised to celobrate the reinauguration of President Grant for another four years' term of office. The atreets wera hung with flags and banners. Tho city was noisy with the belching of caunon and the blare of brass bands. During the day there was s procession of soldiers, ‘mounted and on foot, civic societies of all sorta, political clubs who helped save the country last November, politicians just going ont of office and politicians just coming in, Congressmen and fire companies, Cabinet Ministers and lobby ngents, West Pointers and political hacks, all mixed together in heterogeneons - ray, sud gazed upon all day with od- miration and delight by sight-scers, young and old, from plebeian curb-stoncs and aristocratic windows hired out st 20 per day. In the evening, a crowd of people paid $20 for tickets, which gave them the privilege of expressing their patriotic delight and republi- can esprifin the mazes of the lancors and the ecstasies of the Gorman. The guileless for- eiger, riding through tho strocts of Washing- ton in his $40 hiack for the first time, must havo been dazzled by all this pageantry of patriotism, and the glittor of the holiday show and lustrous powwow which celebrated the quadrennial National episodo. e have do disposition to inveigh against this display of flags, this burning of gunpovwder, this marching of processions, and shaking of heols. Patriotism nowadays is largely & matter of show and nciso, and he isthe greatest patriot who makes the greatest noise. It is well to convince the untu- tored foreigner, now and then, of the grawth and grandeur of this grest country by shaking the Star Spangled Banner before his eyes and firing off cannon in his cars. - Tho bald-hoadod eagle is but & tame, stupid bird after all, if he does not shriek oceasionelly and flutter his plum-~ ago, and thereby conceal his chicken-stealing propensities, which might juct nowbe altogether too significant in conncetion with Congressional pecadilioes. e ‘Wo are surprised, however, that, in the organ- ization of this festal procession, some features were omitted which would have been of trans- . condant interost, and would have forcibly and graphically illustrated the progross of republi- can ideas and political institations 1n this great and glorious country. A separate division might bave been organized, which would have drawn sight-seers from every Stato in the Union. It should have been hended by Credit Mobilier. The tall Oskes Ames, with & bouquet in his but- ton-hole, should have lead it, bearing a banner with the inscription: I have placed it where it willdo themost good to us.” The bland and guile~ loss Colfax, with smiling face, shouldhavebornes banner stating: “My income was 8o small and from such certain sources that I could not have received go largoa sum without remembering it.” A piece of crape on the left arm, in- memory of the departed Nesbitt, with whom he cama 8o near taking tea, would have made him very effective snd interesting. Brooks and his son-in-law, arm in arm, carrying s flag ettesting tho beneso- lence snd generosity of the father-in-law, would heve done much to have removed the odium '. which attaches to that numerons class in every | community. Now that the Credit Mobilier in- vestigation is over, Gen. Dodgo, the lost Ploiad, might have been induced to break the shell of his mystery, and take his place in the proces- sion, with thoso magical coat-tails which have ‘been his only visible parts for some time past. Bingham, Garfield, Kelloy, Scofield, and tho two Pattersons might have closed this sec- tion, marching three abreast, with cor- tificatos of good moral charaster pinned upon their broasts, and signed by Ben -Butler, “ tho man whom God made.” The next foaturo in this division should havo been s braas ‘band playing the Rogue's March, snd bobind it Pomeroy should havo beon assignod a placo and abanaer boaring & full-length pictare of “ 0ld Bubeidy” handing to York s package of §7,000, to take to his friend Page, which he forgot to give to Page when he had his interview with him the day before, relative tostarting a Na- tional Bank ; and Frelinghuysen and Gen. O. O. Howard shonld have marched behind him, cov- ering his generous back with lavish coats of tho whitowash. Caldwellshonld havehadaplace here algo, with his little flag covered with the respec- tive sums which were pa:d o varions members of tho Kansas Legislature. The Judiciary De- partment would have been extremely interesting and attractivo by the presence ofJudge Delahay, singing “I won't go homo till morning,” and informing the crowd that he was ready “ to dig their potatoes.” Judge Durell, us the Louisians pelican, industrionaly feeding the Kellogg brood, and Judge Sherman, with ‘s remarkable collection of letters to the New York Stock Exchange. Then Brother Harlan, in tears and arm in arm with Brother Newman, might have carried & snow-white banner, show- inghowhe found Durant's checks in his pockets, and the matto, “If Ihad thought it came from the Union Pacific Company I would have re- turned it.” As beautifal souvenirs of the past, the Chorpenning claim, Tom Murphy with the Custom-House fiag, the Cotiage by the Ses, the Socor claims, the Pacific Mail, the Goat Island job, tho New Orleans Postmas- ter, and the Btate Troasury defaulters, should have been ropresented by their immodite friends. Bringing up the rear of this unique division shonld have been the carpet-baggers, with well-packed valises in hand, and the army of lobbyists, male and female. Tho last feature of all shonld have been the members of both Houses making their final grab at the United States Treasury, $5,000 cach, because it is ex- ‘ponsive to livo in style in Washington. We sub- mit that such features as these would have been of extraardinary interest in the Insuguration-Day procession and would *have added to ita variety and gorgeousness. It would have given the unsuspecting foreigner a cloarer and more truthful glimpse at the real condition of things in Washington, and would have added new lustre to the inauguration of the President, whoso cash valuo has advanced one hundred per cent within the past three days. We mustbe content, howaever, to accept theronrs of artillery, the fiying fiags, tho glitter of processions, and the dazzling charms of the ball, in heuof these, and console ourselves with the thought that this is & great and glarions country. LUUAL DEBT AND TAXATION. The Constitutional Commission of New York recently appointed n committes to report tho apgregato amount of the county, city, town, and village debts. The result of their investigation hag boen, in their own words, ‘“to show & great abuse in the exercise of the powers of creating municipal indebtedness and a reckless- nessin the crestion of obligations for fauture generations ta pay.” The aggregate bonded indebtedness of the local governments of the Stato amounts to the enormous sum of §214,- 817,676, which is 103¢ per cent of the sssessed valuation of all the real and personal property of the State. The details of this inves- tigation afford informstion that is both interesting and important. The largest single item of indebtedness has boen incurred in 8id of railroad enterprises. The indebtednoss sssumed far this purpose which remains unpaid amounts to $26,919,662. The practice of subsi- dizing railronds by local governments is vari- ous, ‘The most general rule has been to issue municipal bonds and exchange them foran equal amount of the stock of the road which it is proposed to sid. In some casos, this stock has been sodd as high as 70 or 75 per cent; in others, the roads have been leased to other cor- porations paying & small intorest on the stock; but, in nine-tenths of the cases, the towns will bo compelled to paymnot énly the interest but the foll amount of the bonds issued.. The motter’ is 21l the more serious #s each town has dated these bonds so that tnoy will fall due in the same - year; and, in somo instances, the property, real and por- sonal, has been mortgagedin this way for20, 80, and even 50 per cont of its assessed value. Of the other itemns of local indebtedness, $10,416,~ 864 was incurred for erecting public buildings ; £26,934,966 for exponses on account of the civil war ; 36,658,144 for rosds, boulevards, strosts, avenues, and bridges; $29,835,383 for water works and fire-apparatus ; $84,052,655 for parks and other local improvements. There is only one city in the BState which has no bonded debt. Tho debt of New York City amounts to 10 per cent of the assessed valuation, but tho debts of other cities are much largor; in one caso (Pough~ keepsie) 81 per cent, and in another (Oswego) 91 por cont. Aside from the bonded dobt actually in existence st tho present time, addi- tional municipal bonds have been authorized to tho amount of $2,165,000; soveral towns are going through- the preliminary steps for naw dents; and the Committeo estimate that, by the close of the present year, the aggregate amount, +| " will reach $225,000,000 for the State. Tho conclusion of the Committee is naturally " that the timo has aived to place some’ consti- tutional restraint upon the power of municipali- tics to incur .debt. At tho present rafe, they foreséo the most disastrous results,—probably either bankruptey or repudiation. They there- fore recommend a section of the .Consti- tution prohibiting the cities, towns, and villages incurring debts beyond - 10 per cent of thoir assossed valuation, including their present indebtedness. The Committea would havo done better to recommend an imi- tation of the constitutional prohibition in this State. In the first place, the Constitution of Tllinois- prohibits every city, town, and village corporation from incarring debts on account of railroads or any other private enterprise. They are expressly forbidden to issue bonds, sub- scribe for stock, or make any donation whatever in aid of corporations. The necessity for this universal probibition is found in the manner through which railrosd and other corporations bave secured municipal aid. The usoe of money to secure the needed legislation from- Common Councils, end the inadequate informs- ton and emall interest in cases where the people vots on the projected eubsidy, have enabled the log-rollers to carry their points without regard to the merits of their projects. ‘The absurd rivalry which provails smong the small towns has also been an inducoment at all times to mortgage their property beyond their resources to sccure what appeared to be & local advantage. The only sure means of preventing these swindles and follies is by prohibiting them altogether, That portion of the Illinois Con- stitution which does this is probably the most useful provision it contains, In the next place, the Dlinois Constitution limits town, county, and city indebtedness to & por cent of the assessed valaation of the taxable property. The Committeo of the New York Constitutional Commission admit that 10 per cent should bo tho limit, but the provis- ion which they recommend would ensble the county to incur this smount of indobtodnoss, and a city or town situated in that county to incur s like amount. The re- sult in some cases might be that property would be mortgaged for 20 per cent of its value. This could occur in New York City and County, which are one and the same in regard to territory and popnlation. The limit shonld be (and this was probably the intention of the Committes) 10 per cent of the valuation of taxa- ‘ble proporty. To confine it to this limit, the connty debt must be kept down to 5 per cent, and the city or town debt to the same amount. As the bondod indebtedness must finally bo psid by, taxstion, this amount is as large as the great ‘majority of tax-payers, with no individual axes to grind, would sanction. From the exhibit made, New York has evidently waited too long bofore recognizing the fact. ‘THE CANADIAN PACIFIC RATLWAY. The Canadian Pacific Railway 'is already lsunched on the sea of political strife, a8 every one conversant with such matters was sure it would be. Under the act of Parliament giring the Government authority to grant a charter to build the rosd with a subsidy of £30,000,000 and 50,000,600 acres of land, two companios wero formed, one headed by Mr. Macphorson, & mem- ‘ber of the Upper House of the Dominion Parlia- ment and the leader of the Opposition, and the other by Sir Hugh Allan, a friend of the Min- istry. As was to be expected, Sir Hugh and his party carriod off the prize,and now the Opposition seok to make capital against the Mimistry by declaring that Allan’s Company is under the con- trolof the Northern Pacific Railway, and ina con- spiracy to make the Canadian a mero feeder to the American line. The Toronto Globe of Feb. 28 hes eight columns of correspondence and three columns of editorial to prove that such an arrangement has been consummated. Granting all that the Globe claims, it does not follow that if the Canadian Company should for the moxt dozen years use the line of the Northern Pacific where it is plainly for its own interest to doso, that, therefore, the Canadian road wonld ‘be made subservient to American interests. It is simply an sppeal to Canadian prejudice to ‘make political capital. Aside from all this, and granticg that the road should be built as soon as possible, all sensible men must sgree that it woald be £50,000,000 worse than wasted for the Company to build the section from Lake Nipissing to Fort Garry, some 600 or 700 miles, merely to gratify national pride, while the Northern Pacific will only be too glad to make the most liberal arrangements for the use of its track between Duluth or Superior to Red River. Itisvery doubtful whether, if ever built, the section north of Lake Superior can be run for six montha in the year; and if finished now it wonld not have ‘business enough to pay the men for running the trains. This country north of Lake Superior is 60 broken and utterly barren and desolate that only wild animals of arctic habits have ever been able to live there. Hemce, if the Allan Compeny build the line, as feared by tho Globe, they will do what is cer- tainly the best, both for the road and for the Do- minion. It cannot be for tho interest of any- body to sink 50,000,000 ina worthless and ut- terly abortive undertaking. Ifthe Cauadians aro at all sonsitive about using & portion of a road on our side of the line, e urge that they open at once the St. Lawrance ronto for large vessels. That would be equiva- lent to an advance in the value of the entiro farming lands of the Northwest, equal to from 20025 per cent, binding us not only to keep the peaco, but to grant them tho use of our railvay lines on the same torms as our own citizens. It would so losson the price of the freight on our products that it would add that much to the value of every farm within & ressonable distance of the Inkes. The motives for the Globe’s opposition to Sir Hugh Allan’s Compauy are merely political, and should ot control as against the policy of saving $50,~ 000,000, and’ getting a much better location for their line ** Acrogs the Continent.” SAM ASHTON’S COURT. The bill proposed in the Legislatare to make a judicial offico for Mr. Ssm Ashton has & special bid for popular favor, by proposing that its expenses shall be paid out of the fees col- lected from suitors. A fow figures will expose the absurdity of this pretensc. The. ordinary annnal cost of running the court proposed to be” How1s this money to be raised from fees ? The ordinary average amount of fees charged at’ present in cases in our civil courts is £6.75 each case. Judge Ashton’s court is to be one of limited jurisdiction, and at the most could not hope to have more than 2,500 cases & year. This numberof cases, at even $7-fees in each, would produce & revenue of $17,500; leaving s deficit of $33,000 to be made up from increased taxation. This difficulty is admitted, and to meet it the proposition is to increase the fees of Clerks, Sheriffs, and all other persons employed, to such an extent as that they will equal the desired rev- enme. To do this, the average fces of cases Wwill have to be increased over 200 per cent, or from £6.75 to £20.40 a case. As the fees cannot be increased for one court, but must be increased for all the courts alike, we submit that it is hardly fair to increase the fees in all the courts of Cook County to three times their present amount merely to secure Mr. Ashton as s Judge. The new Constitution has abolished and prohibited all special fees, so thoss who may want to litigate in Mr. A<hton's court will not be allowed to pay any more for the privilege than they will have to pay in any other court. There is at present & pressure of business in the Chicago courts, owing almost exclusively to the protracted iliness of Judge Jameson. The Legislature canafford the temporary relief needed by authorizing one or more of the Judges bf the adjoining circuits to hold court in Cook County forany of our Judges who may be unable to do 0. This will answer ol purposes until 1875, when, under the Constitution, two, three, or four ndditional Circuit Judges may be allotted to this connty. The bill pending before the Legislature is n mere contrivance to saddle somo twenty or more office-holders upon the people of this county. Considering the fact that Cook County is now taxed to the utmost limit allowed by law, it is an inopportune timo to b asking for the creation of new offices for the mero seko of giving places to office-seekers, WALL STREET. Roview of the Money, Gold, sond. Stock, and. Produce Markets. 3 Special Dispateh to The Chicago Tribune. New Yonx, March 4—The stock market to- day rallied somewhat from the demoralization of yesterdsy, though its conrse was rather irrogu- Jar. Strong parties showed an encouraging dis- position to buy, and leading ¢ bulls” display good nerve in sustaining prices. The future of Pacific Mail is earnestly discussed. If, asis ropresented, the Company are building eight steamers, this outlay will be sbout £8,000,000, and they heve bought four = eteamers of the Webb lime, for temporary nse, at a cost of £3,000,000. In view of this heavy outlay, hopes of early divi- dends are dissipated. Ramor places Mr. Stock- well's losses 50 far at sbont $3,000,000. The ad- vance to-dsy was most marked in Pacific Mail, Western Union, Lake Shore, New York Central, and Panama. ~ At the closo, the market was weak, - MONEY waa stringent iv the main, although there wore intervals of comparative easo. The stock ‘brokers paid from 1-32 to 3§, with a considerable portion of the business at 1-16. During the afternoon the rate dropped from 34 to 1-82, and afterward returned to 34, with the late business at 1-16 to 3. Time foans for currency do not indicate a0 essing up of money in the early future, the rates béing 7 per cent and & commis- sion of 1 per cent for thirty days, and 13¢ per cent for sixty days. Some of the ba: are hipping currency to Chicego and Cincinnati. Time loans in gold are quoted at 1-16 -to 3¢ for catrying for thirty days; flat to 1-16 for sixty days; tlat o 3 for nse for ninety daya; g to ¥ for four months; X for six months, and 2 par cent for all the ye: The President’s attracted some at- tention in fnancial circles, in consequence of its allusion to apecie psyments nnd_cheap transit for freight between the seaboard and the inte- terior. His allusions to specie payments are in direct oppo to the reports carrent on the street to-day, indicating & reissue of s part or the whole of the 844,000,000 legal-tender notes. There is no fear of inflation, however, until Sec- retary Boutwell's Senatorial candidacy is settled, on fhie 11th inst. Mercantile paper is neglected and nominal. aorp was weak in the morning, and declined - from 1153 to 1143¢, but rallied to 1153, Foroign exchange was heavy and lower. The pply to-day wes increnscd by offerings of billa drawn againat the bonds of the Californis and Oregon Branch of the Central Pacific Railroad. These bonds, amounting to $2,000,000, have re-- contly been put on the Londom Stock Ex- change. BoxDS. Governments were dull and withont fostuze. Pnopuce. Flour closes more active, with a steadier fee!- ing 1n low grades of shipping extras, which are scarce, and in fair demand. Afedium extras aro dull and tame. In whest there is a good degree of firmness, but dealers aro apart in their views. Choice spring is most sought after. Winter is dull and nominal. Pork is firm and there was some demsnd, with sales of 125 brla at §15.62}4 for now mose, Si2.00 for exira prime, and for Western prime mess withont: iron hoops. For fauture dalivery, 500 brls sold at $15.30 for April and May. Cut meats are moderately sctive. For dry salted ehoulders 6c is asked and 5%¢c reported bid. Pickled hams are quoted at 103@115¢c. Of pickled bellios 25 boxes, 14 Ibs, sold st So. Bacon is moderately activo and steady, with sales of 600 boxes at 8¢ for short_clear; 7%4c for long clear, and 8}{c for_short clear for April. Lard is Ilféréz active for Western. Sales are reported of 3,: tea at 834c for March; 8 11-16¢ for April, 2and 834c for May. , AMUSEMENTS, ACADENY OF 2rUSIC. The week of benefit performances 8t tho Acsdemy of Music began on Monday evening with a large attendance, on the occasion of the benefit of Miss Annie Waite. ‘‘The Three Guardsmen” was produced, with Mr. W. H. Leake 88 D' Artagnan, a character which he sus- tained with signal excellence,” and Miss Waite 88 Anne of Ausima. Last evening a full honse greoted Alr. Marble and "Tiss Katie Wilson, who wore on for & benefit. In addition to “Under tho Gaslight,” given with tho full strength of the company, and with completo scenic and mechanical effocts, various volunteers sp- peared in Bpecial acts, and the entertainment was highly enjoyed, besides being a flattering and substantial tribute to the uniform nccepta- bility with which the worthy bencficiares have 80 long ministered to the enjoyment of the Academy patrons. This afternoon, at the mati- nee, “Uncle Tom's Cabin" will be presented for the benefit of Miss Flotcher, whoae claims upon the habitues of tho theatro are deserving of recognition.. This evening, Messra. J. A. Herne and John Webster have a joint benefit. They | offer an excellent bill, and, besides, announce tho first appearance of an smateur singer of at talent. On Friday evening occurs the enofit of Mr. Muir, the popular Tressurer of . the institution. A reminder of the fact will be sufficient to call out his friends in swarms. HOOLEY'S OPERA-HOUSE. All the flattering ‘comments that have been oken and written_ concerning tho new play of # Falge Shame” at Hooley's are more than war- ranted by tho_smoothness and uniform excel- lence which characterized its gecoud week. It is ono of the pleasantost dramatic treats ‘of tho season. Mr. Dillon's reappearance in a favorite role ovokes great enthusiasm among the aundi- tors, who seem bent upon persusding that gen- tleman that ho cahnot do better than to deserve their high favor. Itis to be hoped that he will take the hint. 2'VICKER'S THEATRE. The attendance upon Mr. Bootl's perform- ances this week st McVicker's Thestre con- tinues to be very large. * Richeliou” was pro- sented last ovoning, in & style of great attrac- tiveness, with Ar. Booth in the titlo-role. It will be givon this evening for the last time. On Thursday evening, and at the Saturdsy matinee, i3fuch Ado About Nothing,” snd on Friday and Saturdsy nights, * Macheth.” 7 . . GLOBE THEATRE. Harry Linden, the well-known comedian, is playing an engagement at tho Globe Theatrs, appearing a8 Wool in “The Hidden Hand,” with an excellent distribution of the other characte among the company. Wool is one of Mr. Liw- den's greatest assumptions, and aas picture of the comical sdo of negro life it is soldom equaled. S m’sbnm‘ A HOGSE. 0 of ‘the very bost programmes of mine strolsy yet offered at this elegant and cosy of entortainment is drawing Jarge and fine-look- ing audicnces. Soveral new sketches are given, introducing Arlinglon, Cotton, Rico, and Kem: ble, etc., while Mackin and Wilson continue their superb performances. The fine burlesque of “Robert Make-Airs,” with ita rich scenery and effects, closes o delightful entertainment. —_ e An Extensive Manufactory. The largest comb manufactory in tho world is 8t Althnlcen, Ecm‘.}xn&.w According to the de- scription gven of this vast and magnificent eat&!hhmeqz, there are thirty-six - furnaces for preparing. horns and ~ tortoise-shell for the combs, and no less than one hundred and twenty iron screw presses are continally -performing the operation of stamping them. Steam power is employed to cut the combs. The coarse combs are stamped or cut ont, two being cut in one piece at a time, Tho fine dressing-combs are cut by fine saws, some 80 fine a3 to cut forty teeth in the space of ome inch, and revolving five thou- | sand times in the space of one minute. There saro some w0 thonsand varieties of combs made, and the sggregate number produced, of all these difforent kinds, is 8,000,- 000 eonmally, s quantity that, if Inid. togother lengthvise, would extond about 700 miles. The aonual consumption of ox-horns at this manufactory is about 700,000, snd the annual consumotion of hoofs amounts to 000; and the consumption of torto | shell &nd Butfulo-horn, aithongh nof o largo, fs correspondingly valuable. A inomndmgoua'u many 83 elevon distinct meckanical and artistiy operationa before it becomes a finished comb, 6 productions of this celobrated maunfactory are exported to all parts of the world, braco evory varicty in rospect to q price. NEWS PARAGRAPHS. Cairo, Tl1., has 2,425 colored folks. —Rock Island is to have new gas works builg this year, at a cost of 360,000. rl_ tn eg:zt to n%mit womenhns State benefici- sries to wn Universit 28 failed in Rhbode Island Legislature. il te —The town of Morris offers $20,000 to any party who will establish some good manutactory ero. —A girl 16 years of age has carried the mail over 51 mileh of Tows road theen timen s waug all winter. —The old Goy. Trumbull house, on the corner of Grovo and Prospect streets, Hartford, Ct. has been sold to parties who 3tend to fit it up 85 a Ingor boer saloon. Thisis o terriblo bloy to thédwellers on ““lordly " Prospect streot. —The firat mule ever taken into the Hoosao Tunnel wos brought up recontly after threa ears’ rosidonco in the bowels of the earth. He gan to kick vigorously as Soon as ha reached the surface—a thing he was never known to do B imtnal ex being rathe —Criminal lew being rather st a discount just 10, one Mrs, Lowis, of Margland, has bmggh: s civil nit in damagor against & Alrs, Hoss, who killed her (irs. L.'3) husband some two years 890, and who i now in the Insane Asylum at tica. —Peoria is having uphill (not *capital hill" brisinogs in TalsnE 1he S20,000 e Btate Fair was located at that piace. Tho Tran. scriptesys: “Our people have s good deal o (uelgng Tn' tho matter—in Other pooplen pocketa.” —John D. Miles has seventeon traders under arrest at Fort Dodge for _sclling whisly to tlg Choyenne Indians. Mr. Miles is agent of thg Jjoint tribes of Cheyenne and Arapahoes, and will use overy exertion to have tho offending traders punished.—Zeatenworth Times. —Gen. Butler once scofed at the Harvard College Musoum of Comparative Zoology as “ Agnssiz's bug-shop.” Prof. dall * pro- nondced it surpassing in_compistencss the i useum, and superior to anything of kind on the continent, s —A long lost husband made his appearance in Brunswick, N. C., the other day, and with tear and £75,000 induced his divoroed wifs to kick her second busband down the back stairs into s pigpon. The tears might have failed, but the second argument; brought 2, food of love into that gontle womsa's Leact that she could not resiat, —The maddest woman in the United States of Amorica is the one that lives at Juckson, Msine, and recently lent her fifty-dollar muff to & femalo acquaintance, who sported it at a small- pox funeral ; who sent it home with a neat little note, stating this fact, and that a8 sho ** had sprinkled it with benzine, the owner need not fear catching the disease.” A Troy, X. ¥, dentiet, while plying bis aso- cation around the mouth of a Isdy customer recently, was soized with emotional insanity and kisged her. She was not 6o far under the infiu- ence of ether but that tho shocl rovived her. and the tooth earpenter loancd her husband 330 on long time the noxt day, besido making no chiarge for his two and & hal? hours' work. —Znd now comes Florida with ita remarkable goman. Sholivesin Omoge County, and hua this year twenty guava bushes, from which she has shégped twolve bushels of fruit, receiving 84 for each ; she has made up 100 tumblers of jelly, Which sho sells for 4 per dozen; she has alig ‘made up 100 tumblers of marmalade, which she sells for the same price, and her crop is but half gathered. —The magnitnde of the HlinoisTailroad syatem can be understood when it is considered that now only sezzn counties, Jasper, Crawford, Cal- houn, Hardin, Pope, Massaz, and Franklin, ot of the 102 counties in the State, are not todched by railrosds. Evon in the soven counties men- tioned, railronds aro already projected, so that it will be but a short time until every county in the State will bo resched by rail, aggregating a total of batween 7,000 and 8,000 miles of rosd ? —John Beott, & saloon-keeper of Petoraburg, 11, has brouglht suit for §5,000 damages against W.'S. Banmett, cditor of the Petorsbiog. Hepub: lican for an afleged elandarous sriclo appearing in that paper. Young Armcld, a minor, goi went home, abused his mother and broke her farniture, in noticing which the Re- publican used severe terms toward Scott, charg- “ing bim with selling liquor to young Amold. —A gnit for damages has been instituted by Mrs. Issbells Strestor, sgainst Lonis Lantor- ‘bach, for damages arising from the drowning of her husband in La Marsh Creek, 8 short tima 2go. Tho plaintiff claims that her husband hed boen g 8t Lanterbach's saloon on the night when ho lost his life, and that_it wasin consequence of having drank eo mu ke vwas drowned.—Pekin (1IL) Register. —A littlo Littlo Rock girl died a fow days aga of what was eupposed to bo cerebro-spinal mez- ingitis. Tho Guzele says: *Dr. Quidor, doubt- ing tho cause of her death, obtained permission to make & port-mortem examination. The ex- amination disclosod the fact that the little girl's stomach was losded with boiled cabbage, which had worked itaelf into one hard solid mass, dis- tending _tho stomsch and causing _death, the victim ~ dying in conynlaions. The doctor sass that many of the desths crod:‘od to this corebro- spinal_disense have nothing to do with it, ard are ontirely distinct from it.” —An excitablo person named Mr. Frank Pixley ‘'has been delivering o lecture in San Cigco, and calling upon the Rov. Drs. Stono and Steb- bin, Bishops Alemany and Kip, Mayor Alvord, and His Excellency Goy. Booth ta godown to tho wharves, torch in hand, and burn any ship which brings women from China. He would also have thoso eminently respectable persons “hang to the yard-arm every ship's officer and commander and stockholdor who hires and lends his service to this damoable and unholy traffic.” Al this in Pacific Hall, aod in s lecture dolivered for the Denefit of & church union. A Fox’s Bace for Life. A fox chaso is & rare thing in this country. A novel one recently took place on the pew which runs from Cayugs to Ithace, X. Y,, slong the east whoro of Cayugs Lake. A fine old fox Teapod on the track s shiort distance ahesd of & Jocomotive attached to s construction train. A fow bounds took tho fox to a long stretch of track, where it was impoesiblo for him to cscape except by climbing & steep wall of rock or tumb- ling intotho lake, Thoengineer immediatoly gsv0 chaso, and gradually gained on the for. ~Am, occaslonal ecreech from the whistl cansed the, ill-fated snimal to gather himself up and put o a now spurt. Somotimes he would stumble oz the rongh road-bod, but a fresh shrick from tha whistle wonld send him shead again at a te rato, and longthen the distanco between his tail and’ his_morciless pursuer. Tho enginesr opened the throttle wider, and soon gamed considerably on’ the fleet fugitive. Never the cunning old fox Schuyler try harder to shake off s Credit Mobilier responsibili- ties than did Reynard to outrun that terrible lo- comotive. Becoming disgusted with the rotgh d, he sprang on one of the rails, snd fler along st amarvelous rate of speed, never misaing a step, untilhe had reached a place where b jumped off on & safo spot on tho Iske side of tho rails. Tho enginecr thon blew s succession of shrill screams from his whistle, which fright- ened the panting fox out of his wits, jnmgi:g on tho track again, in an instsnt he we ‘beneath the wheels of the locomotive. A Fearful Visitor. . The Paris Soir relates the following storys “ A Mmo, Bonneau, living in the Rue Descartes, waa sitting in her parlor & few days since swsit~ ng hfls hngbfid's ‘r:;;m to dinner, v:he‘:" s :l'-\ of wi an ) arance enier sosting bimself opposita to hor, addressed het in the following terms: ‘I am & doctar. Ican effectually curo oll beadsches.. I hsve heard that you suffer from that cause, and I s2 como to cure you' The lady, percelviog tg‘* sho had to deal With a madman, pradenty aeemed to fall into his humor, and ased wbst was his method of treatment. * Bimpls on Madame,’ said he, drawing s razor from pocket, ‘I cut off tho head, and then, after h:’_ ing well cleaned it, I replace it upon the shot ders.’ Upon this he &r)epnmd to smit the actidn to his words. Mme. can, with grest cott ness, professed her readiness to submit to bt operation, but suggested that she would fo a towel £0m the noxt room to provent her dresd being stained. Her visitor sssented to the !3: sonstlenees of i ensgestion, and tho loft the roam, locking the door behind her. VP‘"‘M Teturn with some polico officers they found Aurderer Cnnvlc!ndfia it WrerLrse, W. Va.,, March 4.—The Briceland, for the murder of John Allingham, & ZElderville, Pa., last December, has been 0D at Washington; Pa., and the jury 'rcndusgm verdict this morning of murder in the et degree. Application has been made for & l | i i ey i g e ety