Chicago Daily Tribune Newspaper, July 21, 1873, Page 2

THE CHICAGO DAILY TRIBUNE: {ONDAY, JULY 21, 1873, e ————————— ... - - _ "POLITICAL. Special Dispatch to The Chicago Tribune, Fonr Dovar, Iowa, July 10.—¥he Wobstor County Anti-Meuvpoly Convontlon called to - seléct dologatos to tho Btats Anti-Monopoly Con- vontion to boheld at Desdoines Aug. 13, mot horo’ to-dny, some 800 farmors heing presout. Bitas Cory wns eleclod Ounirmnn., The follow- fug resolutions roported by a Commiiteo wore unanimously adopted : ‘WnrREAs, Exiating political organizations havo out- lived fhelr’ udcfulnens, and aro run by {ho mero !ll‘lll%ul of compact orgunization withont rofcrence to orgauloprinciples, for tho solo object of party, pelf, or ofticial proferenco; and \Yieneag, In tho domoralization thus engondered, which hias becomo a0 wideapread that its furthor con cealment s rendcrod Imporsiblo, wo recognizo tho ne- consily of prompt, enorgotic, immadiate,aud combined netion by all who desire a puro govornment, with s running oxponses nd couscquent taxation reduced fo tho lowent possiblo point 3 thereforo Resoloed, That tho prineiples recognized by our forofatliers, that tho oflica should scok the mau _and 1ot tho man tho aflico, ia correct, and that the offices, snlarics, and porquisites should'bo so reduced sa to compel political bumniers, wire-workors, nud offico- mcckors 10 sock somo otbor avoeation for a livellhood, Jieaolved, That wo depracato tho blind adheronce to pisty 1ight or wrong, which {s tho foundatlon of the eglslativo action thnt i producod (ho manifold evils 89 oppreseivo to tho productive futeresta of tho labor- 1n7 and producing clanues, tesolved, That in unily there ia atrength, andin organizfug for tlo purposi of uniting the intorers and ‘producors (o soenro their rights ngalust tho encroach~ ments of poworful organized monopolios, wo_ realizo tho fact thnt to chiango past usagen aud customs will bo dificult, and thnt wo bave o viglant aud unserupulots foo toconfend with, in corrupt ring man- ngera and thelr allics, and thnt’ wo urge the impar- tance of nnited nctlon and _counsol, that no porson in sympathy with our principles should allow personal Trornaicy 16 cause. him o vast n ballot for a candilato Avhoso nllegianco {8 pledged to any party in tho least responsillc for tho proscnt deplorablo stato of politi- cal corruption. fesolted, Tt ofcera clocted by tho pooplo cosso to ' bo individuals, and Bro propor- Iy Topresontatives of tho 'peoplo when thoy ase sumo the oath of ofice, Showd they provo recreant to tho trusts roposed fn thiom, or at ony tima fuil to cor- roctly ropresent tho contiments nud wishes of a mo~ Jority of toir constitucnis, thoy should, by law or cus- tom, bo comnelled to reaign, Resolved, 'That tho acceptance by nny ofilelnl or edis tor of favors from corporations or individuals, or by privato citizena from officials, is_domoralizing' in ita tendeney and ealeulated to warp tho judgment inlegis- lativo hinlls, on the bench, nnd at the ballot-box, Itesolved, That it i tho judgment of this Conven- tion, that the burdens now bearing so heavily on the Industries of the country would be greatly lightoned by a judiclous revislon and matorial reduction in the achiedulo of duties on imports, nnd that we donounco 811 tazation for tho benefit of apecial clasacs and intor- eats na unjust and oppresrive, and & robboryof tho general publio for o favored fow. Reaolved, That wo domnnd a law controlling and reg- ulatiug raflway taritls within ihis Slato, Sald toriia should bo so regulated as to allow o reasonable sud uniform intercst from tho earniugy of tho rallways, ofter deducting thorefrom the Docossary exponacs of on oconomical —opora- sfon thoroof, on ol teal capital invested {u the building and_equipping sald raflways, To thia end tho actual capital stock shonld be ascertained ag tho basls of said allowsnce, and all fictitious ond wntered stocks excluded from tho beneft of any ine ferost or profit out of sald eoruings. Tho following additional rosolution was adopted : Resolred, That parties should be equal, both of them, 1o tho emergencics ot the lour, nnd should meet tho yrescnt wants of the peoplo or bo cast asido, That $oih o present political parties Lnvo falled 10 sotisfy tho honost fensa of tho people, and have forfelted thelr itlo to tho respect and_confidonco of honorable citi- wone, and we thirn our backa upon them without fear tnd without remorse, T'ho following dologates to tho State Conven-~ tion wore choson : D. L, Fuller, A. F. Boomor, D. W. Priudle, G, M. Wilson.j ‘A County Central Committeo wasselactod, and convention will be held to nominate an anti- monopoly county tickot. Spieccial Dispateh to The Chicago Tribune. Dunoque, July 10.—The Telegraph to-dny publislies a platform for the proposed new par- ty, ond suggosts that tho namo of it bo the Domogrutic-Tiepublican.” The platform fuvors free commerco; froe banking; one uniform currency issued by the nation; tho pnyment of nationn] debt at par in curroncy; tho right of labor to sharo in the 'prof- its of labor ond cnpital; retrenchment and economy in Governmont,_oxpenditures, and cor- rospondingly low taxation ; opposition to the crention of corporate monopolies, and to those monopolics ruling or opprosuln‘; tho poople. BAN Fraxcisco, July 19.- o nction of the Republican Convention refusing to require can- didates for tho Legielature to pledge thowaclves to give their viows on tho questions of railrond monopolies, reducing raitrond tariffs, snd the curroncy, causes eevere commont and showa clearer than evor that Billy Carr, Btanford’s agont, controls tho majority of the Convontion, end givos strength to tho tax-payors’ indopondent movement. MILWAUKEE. Proposed New Chamber of Commerce ==Misccllnneous Local Xtems in the City of Bricks. Special I'igpateh to The Chicago Tribune. AM1LwAUKEE, July 19.—To-day the specinlcom- mitteo of tho Bonrd of Directors of the Cham- ber of Cownmerco, appointad to report & plan for erentian nf o wow bullding, prosented two plans, Tho report met the approval of tho Directors, and was submitted to tho Chambor at tho noon session. It favors tho eroc- tion of & mnew Chamber of Commorce building, and its complotion by tho 1st of May. As the plans aro subject to material amondment. before adoption, it was deemed beat to withhold thom from tho public. Accompanying resolu- tions, nutborizing the appointmont of a building- committee empowered to negotinte with com- anies or individuals, woro laid over uutil next E; urday under the 1ules of tne Chambor. Dr., J. L Herrick and Capt, Ludwick, of the Nntional Asylum, were to-day relieved from furthier service, These aro tha officers who pro- ferred charges agamst the late Gen. Wooloy, in- volving him in troubles that lod to his d_anfl.h It 18 supposed that their dismivsal was in conso- uenco of their disroputnblo procoedings agaivst the Genoral. Tho furnituro of the office of Drewer & Co., the firm uuder suspicion on_account of the po- culint manngomont of consignments of Tinlay, Dall & Co., of Louisville, was soized yostorda by partios from whom it had been purchased. fhere have boon no further dovelopmonts of Irrogular transactions. The meoting of the Musical Bociety this even- ing wns o failure. The Doard of Dircctors, in view of thelack of lercat in the existing Bo- ciety out of present finaucial ombarrassment, resigned siuco their olection, and influontial membors of the Society hava warded off overy oiffort of the Board tolielp tho association ont of the rut. The Society is burdened by heavy indebtedness contracted Ly romodeling tho Academy of Mueio, and sevoral meotinga bave been hold with n viow ol raising a bonded ond flosting debt. It is undorstood that oven tho faxes on the Acadomy nro unpaid, and that gas billa aud insurance demand attention, The resignation of tho Board will mnke a new oloction nocossary. In cnso the opponents of the prosent Bonrd then succeed, it is doubtiul whethor thoy will recoivo the support of tha frionds of the Board Just re- signed, The complications are oxtromoly dan- frerous to tho existonco of the socioty. TEXAS. A Grent Arson Cusce=Shipwreclke=Bige amist Punished. . GavLvEsTON, Texas, July 19.—A great ardon caso ig being tried bofore Recordar Collior to- day, A moh ealling himsolf Thomas Corian, and hailing from Now Orlenns, has beeu arrestod by 3peclul Dotectiva McCormick as the ring-lender, and he has implieated some Linlf-dozon mombors of the Fire Departmont and polico forco. Tho #chooner Pauline, with n eargo of shin- i:]un and dressed lumbor, from Now Orloans to ndianola, went ashioro on Galvoston Island in tha storm of the 17th inst., having lost lor deck load aud rudder. Mitt Gaing, 8r., from Washington County, on a charge of l:lgnmy, hos bhoon sentenced Lo one yomr's Imprisoument in tho Ponitentiary. —_———————— Probably Fatal Accldent. Dunuque, In, July 19,.—Last night, at Mason- villo, Tn., aflor’ the'breaking up of & party and the departuro of tho younl; folks, the tonm of O, A. Wellinau ran away with his son, draggl, him out over the dusli-board of the buggy an running at full speed through the erowd, knouk- ing down and running over Jamen Koegan, Pat Riclly, and two_youny ladies, The former two aro uot expooted to live ; tha lntler wero not so- riously injured, —_— ‘E'he Cholern, 8. Lovs, July 19,.—Tho mortuary report this woolt gives tho numbar of dentha at 191, boing 60 miore than lnst week, Of this number, 16 are roportod as cholern, 09 cholern-morbua, One hundred and thirty-thrao wore undor b yoars, O1No1NNATY, July 10.—Two deaths from cholora wero roported in this oity fo-dng, Loxpoy, July 10.—Privato advices from Vien- na, datad fho 17th, stato that up to that time thero had boon sixty-one cases of cholers re- ported, torty-bwo of whiok wero fatal, In a tho- cholorn lins ontirely dikappenred singlo hotel, where forly-two persons wore at- tacked with syu‘nlptoma of cholorn, six diod, Tho iofol wns closed, . - Louvwyme, Ky., July 10.—Tt s lms:a(\ that n Eliza- bothtown and Paducah, “No casos woro reported in oithor placo for tho lnst throo days. WALL STREET. Another Corner in firio — Gorman IBankers the cad and Front ‘Theres of—Fho Produce and Gold furkets. Spectal Dispateh ta The Chiengo Pribune, New Yong, July 19,—Thoro wau a doublo son- sation in Wall stroot to-day. No sooner had tho fluanciers recovored from surprivo at tho fail- uro of tho Brooklyn Trust Company aud the de- faleation of Mills, tho Prosidont, thnn the shorts woro astonished at tho sudden advanco of Lrlo stook. It ran up in o short timo from GBS( to 06lgo, finally closing at 04, 'Tho ngitation and advance are duo to tho manipulations of large banking-houses supposod to o acting in the intorest of the Bischofslieim party, and who having loaned largo amounts when the stock was dull, are now forclog up the prico by cammg in the loams, The domand is purely speculativo, Jny Gould, who is Iargely short, oxpects 25,000 shares by the noxt stenmor, with which he may covor in part, aud again dopross prices. It is fxeuarflly bolioved that another strugglo in Erlo snt hand, in which Gould may suffor. Tho short intercat, outside of Gould's operations, is vory large, but muoh of it was filled to-day, when agitation begsu. It is notcon- sidered likoly Llint tho prices, of to-day onn bo sustrined. As long ng Gould's shares aro to ar- rive they will chock tho movement for the pres- ont, Thoro is n tondenoy to advanco Union Pacifie, in which, sinco tho death of Clarlk, Vanderbilt bas tokon much intercst as ono of tho connecting linos of his roads, Wabash i strong, and tho tondoncy Is to ndvanco. A large nyueulnfivn ling in tho West is boing do- veloped, Northwostorn advanced 1 per cent. Olio & Mississippi waa strong, but not active. aoLp L tas firmer until 3 o'clock, when it foll off to 116, Tho carrying rato was 314, 3, and 2 por cent. Tho specie shipmonts to Turops for the wosk wora tiftoon and o half millions. MONEY. The bauk statomont shows a decronso of $3,- 000,000 resorve. . TRODUOE, Flour was_stendy, with a good demand for low-grado Western and shipping oxtras. Whoat was brisk at J«ntudny‘s quotations, and with an upward tendency. Corn was a shado firmor. Oats wors unchanged and in modorate demand. (o the Associated Prass.) THE CORNER IN ERIL. New Yong, July 19—Erio stock has boon cor- norod lioro by threo Gorman banking houscs. The prico advanced rapidly to 643¢, with 1 por cent per day paid for its use, Mf. Drow is said to be tho sufforer. Tho price has now fallen to 632(, with 8¢ por cent per day for uso. It is wup- posed that tho corner will bo protectod until about Wednesday, when arrivals of stock by the Enropoan stesmer will probably dissipato it. There is somo talk of making the stock worth & por cont per day, but this looks ulikely. 'Tho Now York F’ost eays that Drow, instond of boing o sufferer by tho riso in Erio, really en- anurad the cornor, and that Jay CGould has no ntorest in the prosent movemont. Noticing that German bankers wero froo sollers yostordny, probably expecting to_be able to make gnod their dolivery to-dny, Drew, it is snid, quictly Dbought all tho stocl offored, smounting to 10,000 sharos, Bollers will not bo nblo to produce thoir atock until the arrival of tho Liverpool steamer. The Post, in its latest odition, contradicts ita statement, made carlier in_ the day, that Drow manipulatod the coraor in Erio, and says: It is vory well understood thnt nonrly all the stock is held in Europo, principnlly in London. Biuco the recent olection there has been n disposition to soll stock on the part of the English holders, and they havo—the prica being higher Lero than in London—sent over orders flo sell in this market, Their brokers bhave oxccuted their orders, selling in advanco of nrrival of stock, and trusting to their nbilltg tu borrow it for delivories from dny to day. Thoresult is that thoso fow Oerman banking-firms who held on here, availed thom- aclyes of tho situation, and refused to lend their stack or to soll, excopt at high prices. They have the power nud probably will keop tho “*corner " up juntil tho steamers arrive having on board the Birio stock recently shipped here from London. 'Tho specie shipments to-day were $1,000,500, mostly in gold coin. 'I'hie weoldy bank statement: Losans, increase, £1,703,600; spocio, decrenso, $2,884,400; logal- tendars, increaso, $542,600; deposits, incroase, §1,230,600; circulation, decronsc, $10,800; do- creaso in resorve, $2,161,608, DUBUQUE. The City ftaided by EBurglars on Fris any Night. Special Dispateh to Tho Chicago Tribune. Duruquk, July 19.—A number of roughs and burglara medo s raid in this city lnst night, and to-day thov entered tho houeo of Mrs. Ludsoy, and, aftor insulting her, they tied her upinw ‘bod-quilt And stufled ber mouth with it in such A manner that she could ot call for lelp., Bho strggled with the ruf- flans to froo hereolf, but this ouly had. tho ecffect of oxciting thoir rago, which they vented in kicks and cuffs, The woman is badly injured. The ruflions found nothing in this houso worth stealing, They then’vinited sov- aral othor houes in the neighborhood, and find- ing tho inmatos asleop, thoy took whatovor they conld find worth carcying nway, in somo in- stances small sums of money. At one place thoy used chloroform to accompliuh their pur- poso, and succooded in fiuding $84¢ in tho pocket of a pair of pautaloons. While Bailoy's circus was parading up Main stroot this morning, the office of J., 'I'. Hancock & Co,, wholesale store, yas entered by some of tho samo gang, and whilo the employes wero looking at tho show passing, the thieves had nearly sacceeded in prying open the money drawor with a chisel bofore the clorks returned. Some of the gang aro known and ofticers are on their tracks. THE WISCONSIN LAND-GRANT. Gov, Washburn Demands a Proper Endemnity, which is Beclineds MapmsoN, Wis.,, July 19.—Mr. Cary, the at- tornoy of tho Milwaukeo & St. Paul’ Railrond Company, has mado Asmpnsiuun on behalf of the Wisconsin Lailrond Company, of which ho i the President, to Gov. Washburn, asking that tho Stato shall give a guaranteed titlo of tho land-grant, and offors a general bond to the amount of £800,000 as security for build- ing tho road, While the Covernor desiros to make the bond a8 eary and the terms as lib- eral as possible, yob ho can_only give s quit- claim title, and such & bond as My, Cary pro- oBoE to give, hio is advieed by the bost lawyers n the Stato, wonld bo valueless, and demands somo penal sum por mile for tho failure to build the road according Lo the provisions of the law. Mr. Cary olaims that 25,000 {a oxcossive. Tho Govornor requests tho Company to namo & reasonablo amount. Wo tlus proposition Mr. Cary replios that ho declinos to give bonds for nni,' sum whatover ; 6o tho building of the ronds will probably fall through for the prosent. —_— ‘Lelegraphic Brevities. John TFarley, of Cinciunati, whilo drunk, foll off the ferry-bont yostorday, and was drowned. Tho system of co-oporative stores is bolng abaudoned by the Grangors in Town. The Fall River Mills, Mass., will be closed for two woaks, commencing Augual 2. Tho toial asscesmont of proporty in Banga- mon County for 1873 is 893,505,424, ngainat 311, 440,126 for 1872, Prosident Welch has doclined the Presidency of the Arkansns Industrial Collego, and will ro- main with the Agrioulturnl Collogo of Town. —_— Murderer Wanteds Rourir Bexp, Ind,, July 10.—The County Com- missioners and {he Mayor of Houth Boud join togetlior in tho offor of n roward of 2600 for tho murdoror of Chrin Christinn, the Dang, which tho Corouer's jury charges upon John Duflivld. Duffield is undor bonds 1o the next term of the Oirouit Court for assault with a doadly wenpon, and is noted for his connection in sovorsl mr- dera and murderous nesaulty ‘Tho Natlonnl Photographic Associne tlon. BurrAro, July 10,—The Nationnl Photographic Asgaciation, which has boen in nenrion hero sinco Tuesday last, bas ndjourned to moet at Chicago o the second Fuosday of July, 1874, et ol 4 b i ¥Hentucky Ku-Klux, LousviLee, July 19,—1)i0 causo of the af taclt by :llu‘&;umud mon ou the houso of ono Gal- breath, In MoCracken County, Ky, mentlonod in youtorday’s dispateh, wag Ualbronth laving o nogro wito, CANADIAN CORRUPTION. Spectal Dispateh to Tho Chieago Tribune, MonTnEAL, July 10.—MoMullin's narrative of tho Pacific Radlway mattors appearod in tho Zier- ald pimuttancously with the Globe In Toronto. Tonublon, Htarns, Allan, Murphy, Boaudry, and Abbot, roforred to in the documents published, aro all in tho city, but aro silont. The most ul~ irn Governmont supporters have nothing to sny in dofonge, Even tho Gazctle, tho leading Min- {storial paper, says the Govornmont will have to resign if thoy cannot satisly the public that tho tolograms and dispatches never woro sont or rocoived by them. TonoxTo, July 19.—Roports from varlous por- tlons of the Provinco show the number of denths from lightning during the late thundor storms a8 unusually large. A number were more or loss injured by shocks. In one instance, n young woman wag instantly killed, hor aistor noarly Lilled aud two brothors badly injured. Tho fur- niture and & stove were dostroyed and tho sido of tho houso nearly torn away. Tho Mail, tho chief Government organ, is si- Ient 8 to the dofenso of tho Government in the matter published by tho Qlobe yestordny. It promises to dissoct tho narrative on Monday, and contonts itsoll wilh the remark that, * On n casunl dingnosis wo dotect & lamentable weak- ness in many of its joints.,” It has an editorial on DMcMullon, whom it designatos as a shamoless rageal, and henps numerons epithets on him. Bir Francis Hincka hasa column and ona-half of bolnbored offort at cloaring his skirts, which has had tho opposito offect. Ho admits Lo did not romembor all that transpired at tho interviow with McMullen and his frionds in Ottawn in July, 1871, Ho admits that hio was most auxious that tho nogotiations should fall into othior hands than MeMullen & Co.'s, Ho donios that lio roquested Bir Hugh Allan to communieato with the Americans, and nover gavo any address to 8ir Hugh Allan, but on bis roturn “from Now York ho gave Allan of a list of numes. Ho says ho has no recolioction of holding any privalo converea- tions with McMullon, and cannot boliave it possiblo that ho could have discussed with him the views of Cartior, 1io declares that ho never mado any authorized communica- tion . to Allan rogarding advertising for tondors. Mo might have talked of ad- vertising a8 & modo of ascertaining tho torms of capitalists. Ho cannot recollect what passed at thoso conversations. Regard- ing tho, movey tratgabtions, b6 Eapae 1 gole emuly declaro that I nover askod and nover ob- tained eithor by loan or gift, any sum of monoy from 8ir Iugh Allan, or from any person on Dis behalf or from any otlier por- son in conncction with tho Pacific Railway.” I did on ona occasion casually ey to Allan, that if he happoned to know of any employment for my youngest son, I sould be pglad If he would benr him in mind. Sir Iugh Allan replied that whon the Pacific Com- pany was formed ho would havo no difffeulty in finding him omployment, In con- clusion, ho says: I dosiro to stato that the Can- adian Govornment was nover in any wny party to any arrangomont between 8ir Hugh Allau and Lis American nssocintes. 4 WASHINGTON. Special Dispatch to The Chicago Tribune, TOSTAL-OAR MATTERS. Wasmxaros, D. C., July 19.—Besidos tho ox- pectation of tho Tostmastor-Genoral that tho abolition of the franking privilege will result in making the Post-Oftice Department solf-gustain- ing, ho believes that it .will also have the effect of finally settilug tho postal-car question be- tween the Govornment and the railronds, Prior to tho 1st of April last, it will bo recollacted, cortnin prominent railroads threatoned to stop running postal mail cars over their lines, unless the compensation for their use was increased to an amount ado- quato, 0 the railroads claimed, to the sorvico porformned, but tho companies agreo to continue, in the hiopo that thoy can induco Congross to indemnify thom in future. Prominent ofticiala horo eatimato that tho reduction in weight and bulk of mail mattor produced by the abolition of franking will he go groat 18 to bring the amount down to or bolow that for which thio railroads aro now being pid, and aro willing to continue to run thoge ears, which are such o great convenionco to the public. It is thought that, when this fact becomes apparent to thoe railroad companies, tbey will abandon the iden of presenting o cloim for increso of pay for thouo cars, “ THE THIRD TERM." Ono of the Administration organs hore, in al- luding to tho third torm question, snys, by anthority: o far as the Preaudent {a concerned, it can be sad, with eutire truth, that no ono has over heard from Lis lips tho elightost whispor un the subject, and wo do not hallovo that slugle one of his friends, ndvisers, or supporiers ever bestowed n thought upon the mate tor, until it became a mubject of speculation and comment in the journals referred to, While tho Administration ocouples this attitudo of entire indif- ferance, the present slanderous warfaro that s balug waged upon the President has created a strong fecl- ing in favor of bis re-nomination among a largo body of his supporter feeling that in as likely to sweep thio country ne not, and giva lim a third temn In tho ativo Mansion by o minjority more overwhelming thau bo received in 1868 or 1872. [70 the Associated Press.] APPOINTMENTS, Wasnixaroy, July 19.—Anthony Noiestadt bas Dboen appointed Gaugor of the Twelfth Diatriot of Illinois, POITAL * Postmaster-Genoral Creewoll to-dsy orderod tho establishmont of the freo dolivery systom at Grand Rapids, Michigan, and Bloomington, Illi- nols, with five carriers in the formor place and {hre in tho lattor,at a enlary of £600 por annum, AILROAD NEWS. Land Grant Decision==-Other IZaile way Intelligences Pansors, Kan., July 10.—In tho contested 1and caso botweon the Missouri, Kansas & Lexas Railrond and the Kansas Pacitlc Railrond, Judgo Canlfield, of the Davis County Court, decided that the lands in the contest belong to tho Alis- souri, Keusan & Toxas Company. ‘Fhis case in- volven tho titla to nearly 100,000 acres of the DLent landa in Kansng, which are worth at least £800,000. B, Louts, July 10.—A lotter from Judgo Dil- lon, of tho United Statos Circnit Court, kitting in chombors ot Davonport, Tows, was fecciva horo to-day, atating that ho has granted o tom- porary injunction in the case of tho Missouri Pacitic Kailrond Compnny ngainst Gov. Wood- son, of this State, reutrainiug that ofiicial from su]llng or offering for unle the Missouri Pacific Tilrond, to eatisty the alloged halancs on tho State lion, amounting about 8,000,000, Spectal Dispateh o Phe Chicago I'ribune, SrRINGFIELD, July 10.—Articles of consolide- tion botweou tho Chioago & Atlantio and tho Chg:uga & Atlantio Railway Extonuion woro filed to-day. e FPacific Coast Xtoms, 8ax Tnanoisco, July 19,—Speculators from all parts of Orogon wnd Washington Torritory are flocking to Tacoma, tho westorn terminus of tho Northorn Pacitle Railroad. "I'ho stenmor Eliza Anderson will be taken to ‘Tacoma and usod ns a Lotol. Tho Contral Pacific Railroad Company applies for an oxpousivo reduction of tho taxation of tho property of the Cnm}mny in_ tho Counties of Sutter, Yubn, Butto, Tolnmn, Shasts, and tho counties ou the line of tho Californin and Ore- gon ronds, ‘I'he first shipment of the now wheat crop loaven this wool. e S e Inight 'Tomplar Excursion. Pirrsponay, DPa, July 10.—~The Kuighta Templar excursion of tho Grand Ofiicors of tho Grand Encnml)munh of tha United States and Tomplars of Pittsburgh and Alleghony arrived at Mayavillo, N. Y., to-night, and el scom do- lightod with the trip, Thoso from the Went nro enthusinstio over the magniflcent sconery of the routo up the Allogheny River, it boing an on- tiroly now sonsation to them. Judge Buglish of Arkansas, J. W. Bimmons, of Now York, and Gon, Frank Gurley, of 8t Louls, aro of the parly, A Inrgo number of Pittsburgh and Alle- gheny Bir Knights and their ladies accompaniad, the oxeursion, ——— The West Virginin Ponitentinry Casc, WueeriNg, W. Va,, July 10.—The Buprame Court of Appoals of this Btate decided the Peni- tontinvy caso, to-day, in favor of Dridgos, tho clalmant under the authority of tho Lonrd of Public Works, and over Shallcross, who held the ’muhlon under the appointment of Gov. Jacob, ‘'ne Court was_uunnimoun, The opinion was dolivered by Judgo Haymond, SRS SR Flres, JacksoNvILLE, 1N, July 10.—Mr, Ed P, Fox's graln warolhouso, located at Ohapin, in this county, was outirely consumod by fire last pight, I toathor with 1,600 bustiols of whoat Lelonging to it . valo of W, P, Hownrd & Co,, of 8t. Louls, The lony 18 nbout &0,000, Mr. Fox had 3,600 insurance on the bullvfllnggn tho Hartford. GALYEATON, July 10,—A fire at tho town of Honrno, yesterday, dostrnyod proporty to the 240,000, "Tho sufforors aro J, M, Bibb, 8. W. Ilenrns & Co,, M. Lavino, Lowls & Towls, 8. D, Tortor, Chiarien Kraft, . Loob & Co., Chnrlos Johnson, Jacob Mowery, and Barnoy Dolan. Henrno & Co. lost overyiling. NEW YORK. Special Dispalch to The Chicago Tribune, New Yongk, July 10,—Tho announcoment of tho defalcation of Milla, Prosidont of the Brook- 1yn Trust Company, created an intenso sonsation to-dny in Brooklyn and Wall stroot. Tho T'rib- une, which published the story oxclusivoly, sold an immonse odition, and 25 conts was charged by doalors for copies. Thoe Com- pany wns held in high ostimation in Wall stroet, on account of Aills' rolations to A. A, Low and other wonlthy Diroot-" ora. Many brokera doposited largo balancos there. Tho law firm of Barney, Butler & Par- song had a balance of 400,000, and othor New York firms had largo amounts. Mills was looked upon 88 & sort of Brooklyn saint, and the funoral wor- mon yesterday was n grand oulogy of his honesty. Low wae Mills' brothor-in-law, but notwithstanding the fnot, he sailed for Europo the day after Mills waa drowned, It is supposod ho knew exposure was coming. The relations of both the bank and tho defaulting President wore such ns to croato consternation, Tho gonoral faots tolegraphed yesterdsy are more than confirmed to-day, Tho overdraft of Mills 18 $146,000. The total loan of the bank is_fully $050,000. His estato is mortgaged to doath, and will produce nothing. = Tho total doposits on tho day of clostug wora £2,000,000. all invested, and not wiscly. The trust funds of tho poor litigants amounted to 03,000, nearly all of which lad been put there by ordor of Judgo MoCuo, who is tho counsol of tho banlk. Tho Oity of Brooklyn loses 500,000 of deo- posita by tho - Tax Collactor, which do- {mma wera also influonced by McCuo, who runs hreo or four banks with. public doposit. Me- Cue and Kingsloy, who bu\onfi to tho ring that control the Tax Collootor, make it tho cmlfimnn of their ndmission to tho manngoment of thoso sovoral banks that they will influence deposits of public funds, Tho banks pay tho city 3 por cont, and then uso tho monoy on Wall stroot, shaving notes at 10 per cont, 'and buying worthless bonds. A run on all these banke is anticipated. It was discov- ered to-dsy that tho Bocratary of thobanit, Rod- man, who i3 also Doputy Gounty Treasuror, was o dofaultor_to the amount of §94,000, probably gocurod. _ Ho ia tho only officor of the bauk who know of Mills' overdraft, The sum of the whola affair ia that the Trust Company is cleaned out of evory availablo penny. o the Associated Press, New Yorg, July 10,—This morning the Brook- Iyn Trust Company, of which Ethelbert Mills, who was drownod on’ Tuesday last at Cleveland, ‘was Prosidont, suaponded payment. It was dis- coverod that Mills had overdrawn his account about 8160,000, and it is said that the account of Thomas H. Rodman, the Becrotary, is short £84,000. For tho Intter amount the Com- pany holds collatorals, but whothor _they aro good or mnot remnins to bo deter- mined. The dofalcation was not definitely ascortained untll yestorday, when it was brought to licht Iny tho investigation instituted by the Directors. Not only did thoy find that Mills had overdrawn his personal account, but thoy also discovered that ho had taken worthloss so- curitioa for tho sum of 800,000, so that alto- gother thers was an inrond of 2400,000 mado upon tho capital stock of the Company. Tho seouritles in question are from the State oam Ocor?in and the Now Havon, Middlaton & Willi- mnutio Railrond Compnny. On the former Milla hiad loaned 150,000 upon £200,000 of Butlock's bonds, which it is claimed wera illegally issued, and the interest on which the presont authorities declino to pay, Whethor the railroad bonds will ever Lecomo worth much is & question. In tho moantime tho simplo facta are that whilo tho capital stock is £300,000, There aro over $800,000 in unavailable bouds. Tho doposits on Tinud lagt evening woro about 2,300,000, of which about €450,000 belonged {0 tho clty; £68,000 to tho county, and $400,000 to Mr. Still- man, of the firm of Barney, Butlor & Parsons, of this city. Stillman represonts as 3 depositor soveral trusts, among them the funds of one or two collapsed insurauco companies for which ha was Recoiver. Eight Directors make a statoment to tho pub- lic that thoy believe it entirely possible for tho Com{mny to continue business in o few_dnys, and that depositors will loso nothing. Danie Chauncoy has peon appointed Roceiver. ‘I'ho Union eays that sinco the recont develop- ments in regard to tho affairs of tho Banl, many peraons who first believed Mills mel with acci- dontat doath aro inclined to the opinion that ho committed snicide rathor than face theoxposurs, which ho saw was inovitable, The Telegram has the following: This after- noon the Telegram reporter was informed that further investigations of the Committee to-dny roveal the fact that both the capital and surplus of the Camamny, the_former £500,000, end the Inttor £160,000, bave beon almost’ oblitoratod, and that tho losees of the Company by the de {alention of tho President snd bad dobts exceed £600,000. The Coronor's jury in the case of Stophonson, Doputy United Statos Marehal, rendered o vor- dict that ha came to his doath by slab-wounds inflicted by Jacob Moohella. The prisouer was remandod to jail. ‘Beveral important tax records of Braoklyn are missing, and aro belioved to bave been removed by some of tholate riug to covor up thoir formor irregulanties, The flooring of & Prosbyterian church at Fud- son City, N. J., gavé- way during an entortain- ment on Thursday night, and forty chfldron wore injurad, somo seriously, . The mortality roport for tho weok shows an increase of over 20 por cont in the deaths as compared with last weok. P oof IS UXORICIDE. A Louisville Barkecper Dcliberately Shoots Rlils Wifc. LousviLLe, Ky., July 19,—James Gannon, formerly a barkeeper in this city, but lately o policoman in Now Orlonns, shot and killed his wifo in this city to-day. His wifo soparated from Gnonon somo years since on sccount of ill-trontment, but Gaunon camo up from Now Orleans a month or two ago and porsuaded hor to come back to him. o lived with him threo wecks, and again left him. ‘This morning Gaunon wont to the houso where Lis wife was staying, and, aftor tome couvorsation with her, pulled & pistol from his pocket, placed Tt agatust hls wifen breast, and firod. Bho foll to the floor, when Gannon fired again, the bullet ontoring her breast tho socond time. She died almost instantly. Gannon was arrosted aftor briof chaso, and lodged in jail. ek ok PR To Vousel Captains. ‘WasniNaTor, July 10.—Tho lighthonse board gives notice that tho Dotroit River Railroad and Bridge Company bave beon roquired to maintain throughout ench night hereafter during the soa- son of unvigation a system of lights to mark thoe draw in thoir bridgo ovor the cnannol betwoen Tronion end Grosse Island, Michigan, kuown ag tho American channel. —_—————— Alieged Swindling. Ar. Louts, July 10.—J. R. Picton, of the firm of N. R, Picton & Co., commission merchants, way arrested to-day at the instanco of Storling’ & Price, on the charge of obtaining from them 04 balos of cotton, valuod at $19,000, on falso protentios, DTicton was relemsod on bull of $16,000. —_— Fatal Result of a Foud. ToupsviLLe, July 19.—Julius Carl, formorly Shoriff of Hart County, Kentucky, engaged in a quarrel with a Br. Bmith, & respoctablo eitizon of the samo county, & fow days sinco, which andod in Carl shooting Smith in the bronst with a donble-barrel shot-gun, killing him instautly, “T'horo was an old grudge betwoen tho partios. ©Ocenn Stonmahip Nows, Liveproor, July 10.—The stesmsbip Cuba, from Now York; Olympus, from Doston; aud Borlin, from Baltimoro, have arrived out. Nrw Yonx, Jul{ 10,—Arrived, steamships Horman and Kron Printz, from Bromon, sl e i The Orop Pansons, Kn,, July 10.—The wheat crop is all secured, and makes s botter yicld than at flrst anticipatod. Drowned., OorAN Grove, N. J,, July 10.—Two sons of Daniel Colver, of Bedford, N, J., wore drowned, this afternoon, in the surf at Shark River. bbb e vy Obltunry, Tarrre Roox, Ark,, July 10.—Capt, R, L, Dis- mukes, an old rivor man, dled at Dardenello, yeutonll}'. FOREIGN, SPAIN, LowpoN, July 10.—A spocial edition of the Daily News sunounces that a Iargo Catlist forco Lins boen defeated by tho Bpanish Governmont troops at Iguladn, in the provinco of Bareolonn, aftor n battlo of eighteen hours, during which tho town was froquently taken aud lost by op- posing forces. ‘Tho numbor of dead and wonnd- od latt upon the flold was z0 large that nll tho vehicloa of ovory kind in tho town woro prossed into tho sorvice for thelr removal, MApnrp, July 10,—The now Ministry is con- siituted as followa: N, Salmeron, Prosident; Tornando Gonznloz, Ministor of Stato and Fivance ; Bergos, Ministor of Justico ; Malson= avo, Minlstor of the Intorior; Gonzalez, Minis- tor of War; Oxiedo, Minister of Marino; Palanca, Minister of Colonies. In the Cortos, tho voto for Prosidont of tho Councll of Minia- tors stood 119 for Salmeron, and 93 for Piy Margsll, During the dobato on tho Ministry gront oxcitomeut and slarm was occasloned in the Cortes by tho oxplosion of an Orsini bomb at tho door.” Whoover perpotrated the outrago or what was tho objoct in eh ot The Budget Committao have fixed the maxi- mum pension to retired naval oflicers at $800 por annum, Gonornl Loganero hins rosigned hia command of the Ropublican forcos in tho Provinco of Bia- cay. g‘ha Carlists hiave beon ropulsed boforo the town of Estella. 1t is reported that Don Carlos has ordered his foreos out to intorfere with communication on thio Northern railrond. A telogram from Barcelona nnnounces that tho workmon who loft the factorios have relurned to tholr omploymonta. Tho Captnin General of Barcolons has au- thorized the citizons to organizo for protection ngainst tho oporations of tho International Soci- oty. {!uomm, July 10.—Don Carlos, with 10,000 mon, i marcing on tho city of Bifbon. o'lms ordered his agents to purchase torpedocs with which to closo the port when captured. BApnuip, July 19.—Iu the Cortus m-nlfim tho dobato whs oponod on tho mew Constitution, which consiats of 101 clauscs. Sonors Rio de Rosas, Ponioro, aud Robledo mado spocches agningt it. 1t is roported tho discussion will continue sovoral days. —_— FRANCE, PAntg, July 19,—The Shali of Porain and suite loft Paris to-day on a spocial train for Genova. Tho Assombly to-day votod to tako a recess from July 37 until Nov. 6. i AUSTRIA. New Yorx, July 10,—A Vionna special states that Hiram Garretson, of Cloveland, O,, bos | beon appointed Chief American Commissioner iu tho place of Jackson Schultz, resigued, and Lay entored upon his dutics. o CUBA, New Yong, July 19.—Gon, Quosadn, brother~ in-law of Presldent Cospedos, tho confidontial agent of tho Cuban Ropublic, arrived hero yes- tordny boaring dispatchos to the Colombian Minister at Washington concerning Cuban inde- endonco. He states that 1,600 troops have 0on Emmlnel\ from Moxico; that Peru will probably Boon render nssistance, aud srrange- ments aro boing mado for holdinz:, at Washing- ton, o couferonce of roprosentatives from all the Bouth Amorican Ropublics to promote Cu- ban indopendenco. SPORTING. THE UNIVERSITY RACES—EVIDENCES OF UNFAIR- NEYS—TIE UMPIRE'S CARD. New Yorg, July 19.—John O. Babcock, the TUmpiro in tho late Collego Rogattn, at Spring- flold, Mass,, publishos a card, in which ho says: “ 1t is proper that the public should bo informed of coriain facts, which will oxplain the confusion that resulted in determining tho actual winners, Tha score, or finishing lino, instoad of boing focated ot right-nngles with tho river banks, as it should have bocn, was, by carolessncss or stupidity on tho part of those who located it, Elldfid liagonally, the eastorn end of tho line cing some 160 yards lower down the river than the westorly end, whoro tho judges were requost- o by tho umpiro to station theinselves. By this arrangomont, tho boats on the easterly end of the line, which was somo 2,000 foot long, rowed a proportionally longor courde than thoso com- ing in on the wostorly shoro. Had tho line been locatod proparly at right-nngles with the courso of the boats, tho result of the race would have beon entirely difforont, and the raco decided on tho morits of tho crows, inatendof chanco in tho position of croasing a line, no two points of which were equi-distant from tho start. Tho staking-out of tho conrao, or changing tho same, wag wholly with the Rogatta Committeo, and not within the _proviuce of the Umpire, who sup- posed it tobe correct. The roports of the olev- ©n judgos elected to serve at the scorewill be recaivod in o fow daya, and tho positions of the soven boats not placed will then bo announced. MONMOUTIH PARK DACES. Special Dispateh ta The Chicago Tribune. New Yomrk, July 19.—The postponoment of tho Monmouth Park races prosages the failure of the Association. Tho parl lately foll under the control of John Chamborlain, whose bnd charactor a8 a skin gamblor, has ruined it. His ambling-houso at Long Branch is about to bo ndicted, and thrests of the same sort have beon mado ngainst the rece-course, The meet- ing has beon a great failuro on accouni of the suspicious character of the manngoment. TICHMOND, IND., RACES. Spectal Dispateh to Tho Chicago Tribune, RicnstoNn, Ind., July 19.—Red Clond and Binck Frank tratted hero to-day. Ied Cloud won the race and 2500 in tho first throo Leats. Timo, 2:30; 2:34; 2:36. Cloud was the favorita in, tho "pools. Trank bad big odds and mo takers, HAN FIANCISCO RACES. 8ax Fraxcisco, July 19.—A 5,000 trotting race took place to-dny, at the Agricultural Purk, otweon Ella Lowis tud Ssm Durdy, and wos won by the latter. Lewis waus distanced the firse hoat, aud ruled off. Purdy walked homo. DETROIT RACES. Detrorr, July 19.—The horso meeting, which i8 to come oft in this city on_Tuosday, Wednos- dsy, ‘Thursdoy ond Friday of next wack, is alrordy an assured success, There aro ecight trotting races, and in theso thera aro oighty ontries, ombracing some of the fincst and most promising horaes in the country. Among the leading horses are Fred Hooper, Pilot Tem- plo, Joker, Gen, Shorman, Gen. Harry Mitcholl, Mollle Motris, Little Jimmie, Cozatto, Natchoz, Jannetto, Knto Hazard, Olio_Boy, Little Mae, 8t. James, Gen, Howard, and Bello. THX LONG URANCIT RAQER FOSTPONED, T.oxa Rraxoir, July 19.—The races have been postponad till Monday, in consoquonce of & atorm. = PIGEON-BHOOTING, Rromyoxy, July 19.—In the pigeon-shooting mateh to-dny, Albort Lupton, of Iichmond, won the fitab monay, 590 ; Charlos Neswandor, Col- umbug, Ohio, 20; Jolm Briggs, Richmond, $16, horo was much betting during the day. —_———— Suicides Spectal Dispateh to 2'he Chicago Tribune. MILWAUKEE, July 19,—At 4 o'clock this aftor- noon & youug Bohemian, named Wonzol Falk, committed suicide at his bonrding-houso, 425 Cherry atroot. Ho had been very despondent for two wooks, Il dressed himeolf in his bost clothes, wrote two lotters to his parents, and then shot himeelf twico in tho breast, Tallc was & tanner by trado, and about 25 years of age. Journalistics Spaecial Dispaich to The Chicago Tribune, senminoriern, Ill, July 17.—Liconso was {m\nten\ this morning by the Bocretary of Stato, o organiza tho Chicago Lvening Journal Com~ pany of Ohicago, with =& capital stock of 200,000, i The Yale Exploring Party. Cuevesng, W. T., July 19.—Tho Yale explor- Ing party celobrated’ Iast ovoniug the victory of thelr Collego at tho nglunflold regatta, nuytn- day thoy leave for Fort Bridger, whore ‘Imy will spend the next aix woeks in investigating the goological formation of the Wasntch Mountains. ookt el e Avenged Iiis Tlonor. Arvoaxy, N. Y., July 10.—Michael Maunning waa atabbed fatally this ovoning by Potor Me- Namara, who chargoes him with being criminally intimato with his (MoNamara's) wife, —_— ‘The Gordon Cnsc. Fonr Ganny, Manitobs, July 19.—The Court to-day met to heay tho argumont in tho Gordon kh!nn‘)ph:g cano, The dofeuso cited all the au- thorities, English and Amorican, The Court ndfnunmd until Tuecaday, whon Judge Botawnay will givo Liis deciston, es Molues Ktems, Speclal Dispateh to The Chicago Tribune. Des fiomzs, fll , 10,—~Tho Capltol Comimis- slonors hiave been {n soxsion for two days. They will probably deolare the Quinoy, Ill,, stouo “gontract vold, ns the contractors havo failed to delivor the stone aa por contraot. The worl haa boon dolayed fully two months, and they have only delivored ono car of atone. g . Aosll was fesuod at o proliminary meoting Lold to-day fora ronnion hero of tho soldiors of tho Mexican War of this and adjolning Statos, on tho 11th, 12th, and 13th of Hoptembor. A Inrga crowd (s oxpected, and o number of prom- ment sponkors from tlna and othor Statos will o prosont. . MINNESOTA. Elitory of the Transfer of the Fort Snolling and Minnesotn Xoscrvas tions to o Party of Speculators. Special Dispateh to The Chicago T'ribune, ' Br. PAvL, Mion,, July 10,—The Eovening Dis- paich to-dny details tho transaction through which Franklin Stoole and nssoclatos acquired titlo o tho Minnchabn lands recently sold, and divided to thom, which woro formerly part of tho Fort Buelling Nesorvation, In Buchanan's timo, Secrotary’ Floyd contracted to soll tho wholo rescrvation fo "Stecle, Le to pay 830,000 onsh and £00,000 In two oqunl annual payments without intorost. Tho ealo was mado privately, though othors would haye Elvon four times ny much, and Steclo admitted then that ho would have given 320,000 moro. The following wini tor, after investigation, Congreas disapproved tho malo, and doclared its torms unauthorized by law. Novertheless, in July following, tho fort, buildings, and resorvation woro, by tho Beeratary of War's ordor, transferred to Steolo, Tho salo and transfer wore mado under progum- od authority of_law, authorizing the salo of forts not required for mullnrg purposes, thongh Fort Sxmllln%lflwnyu romained o military fort. ‘The £00,000 balance was novor paid. Btoelo sot upa Clalm of damages from the Congrossional investigation, and let tho mnttor roat uulil 1808, in the meantime using influenco to keop the fort in Government use, and making:'s Iargo rofit from tho fort t'urry and tho rent of ands and outsido buidizgs, Then ho claimed §102,000 rent, crediting on hia bill the 60,000 ho should havo' paid in 1868, without intorost, CGen. Bolknap allowod and finld this claim, and sottlod the land claim with Btoole,—whose part- ners wore unknown in the transaction,—by tak- ing back 1,000 noros, on_which i tho fort, and convoying to_Steole 0,900 acros, In tho lato division-salo botwoon Btoolo and his partnora bnlf the yroporty was rated at avor £200,000, nud ia probably worth much more. Senator Ramsoy was conulted by tho War Dopartment, knowing the whole history, and is accugoed of assisting tho Bteelo party to carry through their echome. Tho law under which the original enlo and tranefor was diroctod by Floyd resorves tho titlo until the whole purchase prico is paid. Bteolo did not havo o legal titlo to any of the property, unless by the conveyance from Grant's Adminigtration, and the late snles and transfors by subdivisions is presumed to bave beon mado to covor defacts. RAILROAD RATES. Special Froight IRates on Articles In= tended for Exhibition at Industrial Fairs Not to Ile Regarded as Dise crimination, Special Dispatch to The Chicagn Tribune. SrrixarieLp, I, July 10.—The following opinion of the Railroad snd Warehouso Com- missioners will bo found of intercat : BTATE OF ILLINOIS: OFFICE: OF THE RAILROAD AND WABEHOUSE, CoMMISSIONERS, SPRINGFIELD, July 19, 1873, Hon, Jolin P, Ieynoldy, President of the Illinors Loard Agriculture: §m: Tho question s nsked by you whother thera 18, in our opinion, any lawin forco in this Stats forbldding a reduction of rates of trausportation by railrond companics on articles designed for exhibition at the Industrial Fair, Tho third scetfon of tho act approved May 3, 1873, sintes what shall bodeemod and taken agninat rallroad corporators as prima facle evidenco of unjust discrimiuation, The mein object of tho soction, a8 wa intorpret it is to provent favorillem ond an unduc advantago fn businoss rela- tloun, an betwocn differont porsons. A reduction of ratea In favor of certain fudividuals dealing in one class of gaoda would bo nn injury ina business point of view 1o other pereona dealing In tho samo class of goods, Dut n reduction in favor of all persons_slike who sro sending articles for oxhibition nt tho Industriol Fair would Tiot seem to give any businesa advantage to ono person over another, and thoreforo would not, in_our Judgment, boon unjnst diserimination, Tho facts that thescarticles aro dealgned for exhibition at indus- trirl falrs; that such fairs aro mntters of public cucouragertont; that no ono 8 injuriously alfectud by such redction, and that_ail persons sending this clase of ‘articlos nro ‘treated nlike, would avem fo. Justify what would otherwise, s botween rival business men, Lo prima faclo evidenca of unjust diecrimination, ‘When a reduction does not pecuniarily injure any one, but on tho contrary encourages the industelal iu- tercats of the couniry, and thus accords with public poley it leaves, wo think, o good reason to declare such roduction an unjust dis- crimination, 1t is not mere discriminating but une Juat dircrimiination that i probibited by tho Conatitu= tion and the statute. Very respoctfully, (Blgnod) H, D, Coox, D. A, Buowx, Jonx M. PEARsON, Commiisnioniers, The Commissioners have adjourned to moot agnin noxt Monday, whon thoy design to call bo- foro them exportsin the preparation of o sched- ulo of ratos for railrond tariffs. Thoy proposo to use all the avenues of information to aidin working out the difiicult problem before thom, —— e 1 An Important Caso Ended. From the Davenport Democrat, July, Froquent allugion lLias boon made in these columns to & caso in which onr ciiy was large[ly intorested, thatof o suit brought against B, F. Allen, to recover railroad mouocy held by him as Recoiver. When tho old M. & M. Railroad was built, twenty years ago, Davenport subscribed $75,- 000 of the origiual stock of the road. Several mortgage loans woro aftorward effected by tho Company, and for this and othor reasons, the M, & M. road virtually wont into bankruptoy. Iu duo coarse of timo all the M. & M. road, with its franchises and lnnd-frnntu. pnsue(i into tho handa of the O, B, I. & P, Com. pany, which Company neatimed all {ta’ liabi] ties, In the adjustmont of theso li DLilities, tho bondholdors were sotlled with; but under tho plen that in the original construe- tion of the M, & AL Road that corporation bad unranteod cortain bonds issued by tho city of Davenport, Muscatine, and Iowa City, and tho Countics of Scott, Muscatine, Johnson, Wash- ington, and other counties on the line, to the prineipal amount of $100,000, and as all said citios and counties dofaulted on paymont of tho intorost on enid bonda, the O, R. I & P, Com- pany, 18 n mabtor of elf-protaction, obtainod an order of Court, to the effect that 750,000 of the purchaso monoy due the stociholders of the M. & M. Road, should be placed in the lands of Mr. B. F. Allon, of Dog Moinos, ag Trusteo, in cano the M. & M. Road, or its assigns, shonld aver bo obliged to make good ity bouds of naid citios and counties. As goou as this order was obtained, tho hiolders of snid oity und county bonds commenced suit against tho funds thus held in trust, This was tlio state of affaira whon the Legislature of Iown, in 1868, pasacd the act_onabling cities and coun- tios to adjust their_indobtedness, as nearly all that wore in tho M. & M. Rond have now done, our own city being tho frat. As soon a8 our City Debt Commissioners had completed tho adjustment of that portion of our dobt known as the railroad bonds, our Council, hough Grant & Smitky commenced proseodingy to colloct from the Trusteo the 16 por cont. on the 75,000 stock “held by the city—srhich would smount to 312,000—an examplo which was followed by otlier cities and_countios, similarly interested. Thus thie firm had, in the aggregato, an onormous sum of mouey to collect Zor their clionts, Tho cnso Lias beon a long and tedious one, but finnlly it has resulied favorably to our city, and | tho clty treasury will becomo_ richor by $14,000, £4,000'0f which will be paid now, and the re- maindor within s year. g "Tho foes of the firm of Grant & Smith in this cago amount to something like $100,000, the lnrgest foo over racoived by any fivm in Iowa, or tho Northwest, wo believe. _——————— lown C y I ottdods From the Sladison (Wis) Journal, Under a law passod by the last Logislature the Buporvisors of Qnm\ County have mndo o sottle- ment of soma throe-quartors of tho claims agninat that county and tho city and town of Mineral Poiut; for (prluclpnl aud interest of bonds issued in aid of the Mineral Point Rail- road, Mossrs. Luthor Boocher, Matt 1T, Carpon- tor, Edward Dodgo, aud Oharles L, Frost, oither ag principols or attornoys, agroeing to such aot- tlomont, and 3fr. Beecher—who coutrola gona 3145,000 of such claime—ngrocing to uso his in- fluence to induco others to compromiso liko claime on & similur baais, viz: 05 couts on the dollar, payable in installments within six yeara, Wa undorstaud the total amount to bo paid wil bo about $300,000. o ‘This compromiso ends » long snd voxations litigation, in which tho oftloors of Towa County have sought to escapo Ynylunnc of obligations which they rogarded vold for failure to oarry out tho undorstanding ou whioh they wore_issuod, but whioh tho courts, by succesalve decislong and judgmonts, reaching up to tho United Btatas Bupromo Coutt, haye declded valid, The ofi- cors and peoplo of Towa County have displayed much ingevmity in proventing tho eoxoou- ll‘nu of gml |¥xonlu or thosa bonds, and avolding tho loyying of taxes to psy ‘them, snd in otbor measuros which they have ‘ orty, and mako pooplo much moro ready takon to compol a compromiso in tho mntter; nd wo aro glnd thoy linvo fonnd & way out of thelr difficulties. Tho sottlomont of l{)lu dobt, and the roliof of the county and its citizona from 1["1“"10)1'.6 hanging over thom, on account horoof, will grantly entinnce tho valua of [Arnp- 0 fu~ vest in enterprises for tho_dovolopment of the rosourcen of tho conuty., Indood, it is probabla that, whothor just or unjust, it would have beon to Umlpcmuulnry ndvantage of the connty to have sottlad them, on tho best torma obtainablo, many yoara 830 MARINE. Port of Chlonga. Doseses VE! oo o ouly 10, Schr 3, P, Ward, Whito Lake, 90 m jumbor, Helir Gatrlch, Littlo Suamico, 240 m lumbor, 39 m lath Bebr Pligrini, Ludington, 160 m lumbar, Hehir Monnoon, Ludingion, 126 m lumbor, Hebr Horald, Ludington, 167 m lumbor, Hehr Eliza Doy, Ludlugton, 118 m lumber, Behir Conaniest, Bistor day, 180 corda woods Hebir Froulfer City, Ocontd, 176 m lumbor, - Bcow Hen Dird, Gfand Iidvon, 136 m Iumber, 30 of r, Sehir B, Paul, Button Tay, 100 cds wood, Eelir Otirlow, Oconta, 178 m Mmbor, 18 sa Iath. Belir E. Bcaville, Muskegon, 106 m lumber, 23 m Iath; Helir Rogutor, tuskegon, 120 m lnmbor, Hehr R, Bimmons, Mus) egon, 200 m lumber, Belir Riclno, Muskogon, 100 ta Jumbor, 60 m Tath, Llargo Approntice Boy, Muakegon, 220 m lumber, Behir Glad Tidings, Muskegon, 176 m lumbor, Sehr Hominplicra, Muskegon, 80 m lumber. Behr Weatclicator, Muskegon, 140 m lumber, Behr J. B, Morzlll, Maniatoe, 400 m lumbor, Trop M, Groli, Maulatee, 118 m lumber, Bebir 0. M. Bond, Oswego, 535 tona coal, Bchr Olayton Bollo, Oawego, 450 tons cosl, Sebr Collingwoad, Buffalo, 418 tana coal, Sebe %, . Gardntr Duftelo, 100 fonu e, r Jomes D, Bawyor, Buffalo, 1,100 ton Behir M, Filimore, Erle, 620 tons coal, ot Bohir Advanco, Muskegon, 165 m lumior, Behr Gamo Qock, Muskegon, 160 m lumbor, Belir Topeay, Muskegon, 148 m Iumber. Heow South 8ido, Whito Lake, 130 m tumbor, Bolir Milan, Ponssukee, 160 m lumber, PropIra Clinffoo, Baugatuck, 70 m lumber, Schr Ahnpco, Saugatuck, 80 cords slnba, Bebr Mosollo, Eacanaba, 220 m lumber, Bchir Two Brolliors, Melomineo, 190 m lumbar, Bobir Kato Hinchma, Mozomingo, 195 m lumber, § oy th, Dargo Boriora, Monorminco, 380 m lamber, Trop Favordte, Monomines, 80 brls feh, Dargo T, J. Iifouson, Menduminse, 280 lumber, 40 m singica, Torgo &, Willsme, Monominoo, 200 m lumber, 600 m Belir Ethau Allon, Whito Lake, 200 m lumbes Schr Mary Booth, White Lake, 00 m lumber, 80 m Iath, Bimr Shoboygan, Two Tivers, 101 Slioboygan, , 101 pkgs butter, and Belir Ayrilo, Muskogon, 18 m Tumber. Bebr A, M, Tieors, Bedtiocke, 140 m Inmber Behir 3. 1ibbard, Wollets' Plor, 80 cords tan bark, Belir Japan, Ford River, 156 m lumber, Sebr 0. R, Jobnson, Savgatuck, 120 m lumber, 50 m Jath, Bchir J, W, Brown, Monominee, 135 m lumber, 16 m ath, Schr Jonnia Mullon, Oswego, 350 tonn coal, Beow Ifarmonia, South Haven, €0 m lumbor. Schr 0, L. Jobnson, Muskogos, 200 m lumber, Behr l({nl‘c, Muskegon, 160 m lumbor, Stume Muskégon, Muskgon, 190 caces borries, 28 bxa ah, Schr Lawzonco, Ogdensburgh, aundrics. Behr Tom Palne, Haugatuck, 42 edas wood, tmr 8, D, Cald¥oll, Port furon, 101 pkgs fiab, and sundrles, Sebir 5, L, Beavor, Manistco, 160 m lumbor. Schr 0, Gordon, Benton Harbor, 5m lumber, Hehr Presto, Ludington, 143 m lumber, Hehr Refuddor, Osvego, 450 tons coal, Sehir Melvina, Oconto, 460 m lumbar, l.lnrfin C, F, Allou, Grand Ilaven, 150 m lumbor, Dark Cloveland, Monominee, 75 m lumber, 5 m ceday osts, - Schir Willio Toutit, Whito Take, 176 m lumber, Schr Emma, Ludigton, 100 m lumber, Trop Spvoreiga, Montrdal, 418 brla cement snd sune rica, Darge Venus, Ludington, 250 m lumber, Schr Pllot, Muskegon, 125 m Jumbor. Behir Arctlc, Musliegoh, 176 1 Jumber, Sebr Fatrel Muskogon, 160 m lumor, Sobr 0, J, Jaoder, Mluskegon, 120 m lumber, Bebr W, Joncs, Muskegon, 160 m lumber. ftmr Scotin, Montreal, 100 casks nodn ash, Bark B, V. It, Watson, Duffalo, 850 tons coal, Bebir Afro, Holland, 80 m lumber. Bolir Jamed i, Tialo, 00 tons coul, Beow Deloit, While Lako, 100 m lumbor, Sebr Gising, Ludington, 85 m lumbor. Bchr Mary Non, Menonifuce, 15 m shingles, Schr Mortauk, Buffalo, 100 tons coal, Selir Montank, Littlo Traversa, 200 cords wood. Schr Magg Thompson, Whita Lako, 160 m lumber, 60 m lath, Stror Corona, 8t, Josoph, 1,027 cases frut, 81 bozed fish, B4 bals Lides, Sohr Amorica, Sturgeon Bay, 260 m lumber, Behr Magnolla, Muskegon, 129 m lumber, 10 m lath, Sehr John Bean, Jr., Muskegon, 160 m lumber, Hehr Mary, Muskegon, 150 m lumbor, Heow Groen Bay, North Bay, 1,000 telegraph poles, tmr Muskegon, Muskegon, 160 cnaca berrios, Schr Boventl Obio, Muskegon, 125 m lumbor, 50 m Iath; Beow Milton, White Lako, 130'm lumber, Hcaw Laurel, Duck Lalte, 65 m lumbor, 35 m lath, Sehr Nassan, Buffalo, 650 tons coal, Hebr L, Throop, Ludswig’s Plor, 80 cords wood. Seow Felicotious, Menominee, 170 m lumber, Schr R, Howlott, White Lako, 160 m lumber, 25 m latlsy CLEARED.... .......July 19, Stmr l\ln}nkrgan, Grand Haven, 10 bris pork and sune drios, Bargo doréury, Ludington, sundrios, Bark Jessle Drummond, Port Colborne, 20,092 bu corn, Stmr Lswrence, Ogdonsburgh, 12,000 bu corn, 10 brlg ok, Dargo A. Gibhart, Buffslo, 25,000 bu cor, cbr Skylark, Buffalo, 21,000 bu corn, Sebr Sam Flint, Buffalo, 83,000 bu corn, Hchr B, F, Wado, Buffalo, 0,613 bu corn, Prop M, Grob, Manistec, 500 bu oate, Stmr Afponn, Muskegon, 330 pkga sundrics, Scow Milton, Whito Lako, 1,000 bu oats, Trop Irn_Clifico, Saugstuck, 00 groon sslted hidod and aundries, Stmr Shoboygan, Kacine, sundrics, Bark Lafranior, Buffalo, 37,047 ni corn. Trop Alna Munro, Bontreal, 16,237 bu wheat. Prop Tndia, Buffalo, 43,000 b corn, 500 bris fiour ) Erlo, 1,400 brla flour ; Dotrolt, 100 Lrla flour, Schr Halsted, Buffalo, 30,318 bu corn, Sehr Willio Kollor, Kihgaton, 16,44 bu wheat, Schr Amoskeag, Bullalo, 15,500 hu corn, Trop b, I, Burkiiead, Buffalo, 16,623 bu corn, Helir America, Sturacon Day, 400'bu corn, Stur Corona, St. Joseph, mndrics aud 25 sacks corn, Tako Frelghts wero fairly active at 5@5Nc for corn, and momle nal at 5@6ic for whoat: bark Golden Flocco, corn at 6o, to Buffalo, Oswogo and Kingston wero quotable ot 10@10)cfor corn sud 1i@llxd for wheat, The eungagementa reported wore as fole lowss ToDuffalo—schr Amoskeag, bargo Balloutine, prop W. 8, Graves, and bargo Russell, coru on private torung, frop Idako, corn, and prap Java, corn aud rye al6ige, To Ringston—ehr Gilbert Moflison, corn, af 10:¢, To Oswego—Schrs G. Smith and Hoboken, gorn sontordny 'p, m), 8t loe. To Now York vid Erlo—Prop Japan, corn, through, To Now England, via Ogdensburgh—Vrops City of Toledo and Milwaue koo, corn, througl: rato. Tofal capacity 6qual 10 354, 000 bu cory, 16,000 bu rye, From Milwaukeo to Buly 1alo, prap Jaméa Fiwk, Jr., wheat on private terma, Ofwrao, July 16,—Troights remain _unchanged, The following charters are reported ; To Obfcago— Sohrs Murion Egan, Ads Medora, Republic, and Coas sark, coal, $2.15, free in and out. BurraLo, July 15.—uates firm and vessels wanted, Chartors reportod ; Schr lattio Wells, coal to Ohileago, $1.25 per ton, froe to up-town_dock ; achr B, Blsuson &oon 10 Cllchgo, instead of Milwaiikoo, with coal $1,13% per ton, freo, Reported by Capt, Tom Collin: el D. G. Fort, conl 1o Chicago, down-town dock, al $1,1235 per ton, fre; schr 1, F, Merry, stone to Cleve« land, $3 per cord, frco, Burraro, July 17,—Chariera reported @ Schr H, D, Toot, salt to Fromont at 6o per brl, £, 0. b, ; schre Lu< cinda Van Valkenburg, coal (o Chleago at SL12}, freds schr Dan Marble, luiber from Colcheator, Ont, Buflalo, at $#4 per m. . Xilinois River and Canal News, Snecial Disyateh to The Chicaao Tribune. LaBALLE, i, July 19.—Tho canal-boats Lograux, Waterloo, aud ifercules waro towed up from Poru to% day, loaded with corn for Chicago, and passod into tha canal, ‘The steamor Katie departod, towing the canale bonts Montann and Decrpark, with lumbor for Peorla, and tho Cataract, with lumber, flour, and sult for Tionnepin ; also the prop Illinols, towing the canale boat Mary O'Rloly, with = bullding stoao for oury, "Tho canal-Uoats Essox, with lumbor for TaSalle, ilio Montans and Deorpark with lumbor for Tiorla, the Caturact with Jumber, flour, snd ealt for Tounchin; all pawsod ot of tho canal, ' Niue foot and & inches of water on tho mitro alll of Lock 15, NoTee port from below. : TMiscelluncous Ttemn. By the Intost Cuntom-Houso regulntions the namne of evory Licensed yossol must bo paluted on her storn, and the port 1o which ehe bolongs on a black ground in white lottera not less thau threo nchos in length, A non-compliance with this rule aitachcs u fine of $20, —0n Monday evening, while ihv achr Eveline Batea 1ay suchorod under tho lea of Kelly's Isiand, o heavy thunder squall aroso, when ler chain parted and the vossol was driven at a swift specd tuward tho shore, * TFortunately sho drifted foul of tho pler and was thoro hold by hor huwaora, Sho arrived hioro yestorday for & now anchor and chatn, —Tho_stmr;Northwest has been ropajred in Cloves land, and is ready to make her vegular trips, —Iuformation rocolved from good authority loada to tho belief that tho projected “widening of the o trance to tho Welland Canal at Port Colborno will not Lo carried to completion, 'Ihe dredging of the feeder at Port Maitland has been commenced, with the ‘exe poctation that it will in due timo bamade the main ontranco to the Wolland Canal, This changa would be a gratifying ono to tho ownere of lake shipping, . and, though very much more could Lo eafd In favor of it, it Is probably mado in accordance with the following among other points st forth in tho roport of the enginoer 1 * Pory Taitland 1s castly accessiblo instormy woathior, has, nw already shown, a dep water ontranco, and froni the nae turo of tho rivor bed ia capablo of enlargemnont at a ress - sonablo outlay, This harbor is now froquently used b{ vesscla 88 Liaven of refuge, and {8 stated to be ona of tho finest on Lako Erlo, It has tho additional ad« vantago of beoiug generally clear of ico mugh sooner than oither Port Qolborne ‘or Nuffalo, It is also well known that toward the eastorn end of Lake Erie groat fluctuations of the surfacoaro causod by storms, tha maximum offect from this causo bolug often produos tive of sorfous inundation at Liuffalo, “This is mainl; owing to tha rapid convergouce of the north and sout shiorea and the fact that tho clty iw situated at the expe treme cud of the lake,” H