Chicago Daily Tribune Newspaper, September 22, 1873, Page 4

TERME F THE * wHMB OF .m,,.c,.n.,-,.;c ‘(‘ru;mu: TN ADVANCE), l'n!‘(Vu'éfl}' ! % 3 '&811] \\::vldx Parts ho samo rato. Bartaol yons o iaton, o auro ani gtvo Pork OM'co ndidress 1n (ull, including Stata and County, Remittancos may ba mado aithor by dratt, oxpross, Post Offieo exdor, orin rogistored lottors, at our viske TERMH TO OITY AUBRORINENA, Oty dellvered, Bunday oxcoptod, 26 conte per ‘wook. Daily, acllvored, Bunday Includod, 0 conta por wook, Addross THE TRIBUNE COMPANY, Cornor Madison and Dearborn-sta., Chicago, S BUSINESS NOTICES. USE LYON'S INSKCT POWDER AND YOUR LAR- dor, kitchon, wardrobo, and bads wilt be freo from cvok- ronclies, bugs, and ant ~ SURIE 0 RKGULATE THE BOWRLS — MRS, Winglow's Soothing Syrup is the unly thing thatmothors a1 roly upon for Lhoir childron, HAVANA LOTTERY-Wii SOLD TIK 800,00 IN tho oxteavrdinnry drnwing, Apl2)., Olrenings aoni, fn- Jorpayon given. 3. B MARTIN K7 & GO, 10 Wal 5, G Box 3, 68, Now York The Thicags Tiibune, Monday Morning, Septembor 23, 1873. Tho Milwaukeo & 8t. Paul Railrond have bdon enjoinod by the United States Circuit Court at LaCronso from building thoir bridgo at tho sito thoy hiad choson near that city. Oollector Harper's dofaleation is now officially atatod by the Revonuo Departmont to bo 8104,- 609.02. L. E. Parsons, au ox-Deputy Colleotor of this district, hias been arrestod for & trifling embezzlemont of $4,000. The New York eavings banks have taken action similar to that adopted by the banks of this city, and have resolved to enforco tho rulo requiring depositors to give notico boforo with- drawing their money. Nonxly thirty thousand dollars, in oxact figures £29,288, wora taken in at the Pooria Fair, Thia 18 $4,000 moro than ever the recoipts of any pre- vious Stato Fair, Tho profita of tho Falr, attor paying tho expenses, which amount to about £32,000, will bo 87,238, P ] The Ton. Wilder Foster, of Michigan, dled at Lis home, in Grand Rapids, on Saturdsy. Ho was first clectod to Congress to fill tho vacancy in the Houso of Reprosontatives caused by the promotion of Thomas W. Ferry to the United Btates Scuato, snd was re-olocted at tho last goneral election. Tho yollow fover has reached its height at Bhrsvoport. On Saturday there wore twenty- pix intermonts, and the day bofors thirty-soven. Fowor casos provo fatal than at first, a8 thero Is bottor and moro intelligont nursing. The ne- groes suffer little from the diseass, which las pot causod a mortality among them of moro than two a day. —— e Macoupin County, Ill., scomu detormined to avold any sbaro 1 the finaucial pauie by repu~ iating her Court-Iouso bonde, The question of the day in’ the ¢Stato of Macoupin” is whethor tho County Clork shall extend the tax for intorest on the bonds, in nccordance with the docision of the United Statos District Coutt, so 88 to bring it into tho general tax-lovy, aud make it o lion ou rosl estate. Tho Carlinville Democrat opines that ho will not do so without eu ordor from the Board of Bupervigors, who Imve been served with & mandamus from the Court to lovy tho tax, Tho Carlinvillo Enquirer urges the Board to digoboy tho mandamus, and calls on the citizons to sustain thom in so doing * with purso and person.” Roporta are published in our columns this morning which show tho condition of the crops and tho effocts of the recent frost throughout this and tho neighboring States, The sub- stance of thoir statements is, that much of the corn had been barvested beforo the frost came; tho rost was badly damaged. Jn Southera 1llinofs, tho corn was considerably fnjured in the lowlands, where it had not been cut bofore the frost. In Uppor Illinols, the frost did much barm, and not more than half s crop is oxpectod. In Tows, roports are ronflicting, but the weight of the evidenco 18 that the corn hus been geuerally injured. In addition to the ravages of the froat, the influ- enca of & wot and late apring, and the summer drought have combined to lessen the yiold, The defalcation of the man Carleton, who wan Cashior of the Union Trust Company, which closed its doors on Saturday, will bardly sur- priso any one who has attontively watched the courso of financial evouts. The stirring up of the pot in Wall stroct is bringlug all the corrup- tion to the surface, and bofore it subsides wo may expect to find much moro of tho samo soum floating around—defalcations not only in trust companics and privato banks, but aléo, in pub- ‘lie fuuds, and evon in religious and charitable ‘aggociations. The frauds upon the Brooklyn City Tronsury, the funds of which were loaned out by wholesalo to moonshine railroad and other corporations, was but a promonitory symptom of what was coming. The only con- solation in tho promisos s that it is botter to have the corruption out on the surface ; and, when all the pustules aro out, tho gonoral health . will be jmproved. Whon Mr, Farnsworth distributed his back- ! pay among tho various counties of his District, we informed him that he had made a mistake, If the monoy did not bolong to Mr., Farns- worth, it belongod to the United Btatos Government, and Mr. Farneworth had no au~ thority to diepose of it, A large propor- tion of Mr. Farnsworth's former counstifuonoy have taken the same view of the matter, and Ehree of tho counties in bis District (Lake, De- kalb, and Boone) have, by voto of thelr Buper- wvisors, roturned tho sums allotted to thom in *the pro rata Aistribution. Molfenry and Win- * nebago Counties have accepted their sharo, and Kano County is yot to bo heard from. Mr., Furpsworths I8 ontitled to the credit of having voted agminst the eslary-grab, and of having honestly worked agaiust it. Iiia orror lay In his disposition of the monoy aftor the bill passed, in which ho was misled, vory Jikely, by the ex- smple of Mr, Hoar, of Massachusetts, who gave his back-pay to a district ashool, — Yonterday, at & meoting of the managers of tho sovoral savings banks of this city, it was mgrood unanimously that the law requiring & no- tico for the withdrawal of deposits should be put in forco, Buch a rulo {s proseribed by the charlors of these institutions, aa much for the protoction of depositors aa for that of tho banks, The monoey placed In the banks s Invested in Intorest-boaring securition; it is thus that the banke aro ouabled to pay interest on the do- posita, Ordinarily tho bank can pay any current domand out of its curront recelpts, but the fact Ahat the money Is invasted in intorest-paying se- THE CHICAGO DAILY TRIBUNE: MONDAY, SEPTEMBER 22, 1873 our{ties is tho best mssnrsnce that dopoailors can havo that it is safo. Just at this momont it fa impossiblo to convort oven Govern« ment bouda into ourrency. Those who have ourronoy hold on to it and will buy nothing with with it. This-lock up of tho curroncy oannot laat long ; & fow wooks, porhaps a tow days, will sco {ho ordinary courso of business restored, Tho onforcomont of the rule by these inatitutions is fn tho intorest of tho depositors. Auy sacrifico of tho goanritics by a forcad salo would bo » losa of the vory monoy belongiug to the dopositora. A fow days of pationco will seo this trouble settlod to tho practical bonefit of tho country. R Tho Chicago produco markots woro modaratoly activo on Baturday, and grain waa wosk, owlng to the blockado in shipment caused by the Now York falluros. Mess pork was quict and stoady at $15.95@10.00 cash, and $16.50@16.62}¢ soller October. Lard was active and & shado firmor, at $8.00@8.13%4 por 100 It for wintor, and £8.00 for summor rendored. Ments wore quiet and oasfor at 73{@7¢o for ehoulders, 83{@83go for short ribs, 830 for short cloar, and 9@110 for swoot plokled hams, Highwines wero inactivo, and 3@lc lower &t 92@02gc. Lako froighta wore quict and casior, at 120 for corn to Buffelo, and 22¢ for wheat to Kingaton. Flour was dull and unchanged. Whest waa active, and 2@2%¢e lower, closing at $1.083¢ soller tho mouth, and $1.085¢ sollor Octobor. CUorn was moderately activo, sud 1@134o lowor, closing at 40ccnsh, and 4150 sellor Octobor. Oats wero quiet, and 3¢o lower, but closed firm at 20}(c ossh, and 80}{o soller Octobor. Ryo was dull and 13¢@20 lower, closing at 6534c. DBarloy was active and Go lower, closing at $1.28 for No. 2, and $1.00@1.04 for No, 8. Hogs oponed active and steady, but toward the close the mnrket wonkenod 5@100, lato sales boing made at $4.80 @4.90. Cattlo continue dull and wonl, Bhoep wore ateady and unchanged. Prosidont Grant, Scorotary Richardson, snd Gon. Babcock wore in consultation in New York yosterday with tho leading bankors and business man of that city to davise some moans of reliev- ingthofinancial condition, Thepropositions of the Now Yorkers, whick wore submitted in writing to tho Presidont, all urged very strongly tho issuing of the so-called greonback reservo to the amount of forty millions of dollars, Revordy Johuson reluforcad their appeals by a written opinion, in ‘which he said that, although the action proposed waa unconstitutional, it was demanded by public policy, and if ho wore Prosident he would vot hositato to take the step. Beoretary Richard- son’s opposition to this movemont was vory strong, aud tho Prosident stoutly supported bim. Thoe Becretary eald, in very vig- orous slang, that he would nover consont to it, aa this waa nono of Lia funoral. "Tho result of tho conferonce was an order from the Presidont that tho Assistant Trensurer st Now York buy bonds on Mondsy to any amount offered. How much roliof this will afford doos not nppear. Govern- ment bonda wore s drug in the markot on Sat- urdsy; the National Trust Compauy, which bad uearly a million of thom in its possession, ‘being unable to raise a dollar therowith to save itself from susponsion, Somo six or more yoars sgo, there was greas compotition among countios and tosns of Illinos for the looation of certain Btato inatitutions, and liberal offers wero made by tho competitors. In tho distribution, Champaign County outbid sll others, and was awarded tho Industrial Univer- gity. Inliko manner, Livingston County ob- tained tho Biate Reform BSchool, located ab Pontine. Livingston County offored £40,000 county bonds ; Champaign County, in addition to other gifts, offored county bonds for a large amount. Two years ago, tho Buporvisors of Livingaton County pnssod an ordor for- bidding the County Treasurer paying any more interost on tho bonds. Tho caso waa taken to the State Supremo Court, and that body doclared that the establishment of a State Roform Bchool at Pontisc waa not such a corpo- rato purpose as authorized the county to lssuo its bonds to procure its location, The Court hold that such an institution was n nocessary evil, and nots bonefit, and thercfore was not properly a corporate purpose ™ for which the county could lawfully subsoribe, Tho Supervis- ors of Champaign County, ot their rocent sos- sion, decided to pay no moro interest on the col- loge bonds, It peems that they hind sought tho logal opinion of Judge Terry, who advised them that the county had no legal authority to issue {hie bonds for that purpose, The docision of tho Supremo Court in the Liviogston County caso is relied upon a8 denying such an authority. In that case the Court eaid that a tax for a corpo- rato purposo moans *'a tax to bo exponded in & manaer which should promote tho general pros- pority and welfare of tho community which lovies 1t." Thoy did not think & reform school was calculated to promote the goneral prosperity of the community in which it waa located. In tho non-judicial opinion upon which the Bupervisors of Champaign County havo acted, the ground s takon that the University is a Stato institution, designed for the good of the whole Stato, and should bo supported by the wholo Btate; that when tho tax to pay the bouds is lovied upon a singlo county, such tax is not uniform and equal, and honee it i unconstitutional and void, The bonda in this case ara held, we beliave, by the Btato, and not by individuals, Tho case will, of course, go through tho courts, The Champaign Union strongly roprobates the sotion of tho Buporvisors, aud _insists upon paying the bonds in good faith, THE PANIC AND THE WEST, Tho gonoral tone of the dispatches indicates that the financisl flurry in Now York and Phila- dolphin is past, or noarly so—that with the up- rising of this morning's sun after a day of rest and worship, or Sabbath-broaking, as the case may bo, there will como a botter feeling, sud o moro genorous confldonce among tho holders of monoy. Wo trust this may prove to be tho fact, but wo cannot forgot that thore ia a vast amount of unliquidated railroad indebtedness underncath the debris of Friday and Snturday, which is atill to ba accounted for, and which cannot bo put out of slght in a hurry, Without hazarding auy prodictious on this soore, lot us sos how it stands with tho West, There are just two eloments In tho panio, nofther of which, 88 wo judge, can essontinlly affoct the commorcial or productive Juterests of tho Northwest, oxcopt so far as it may causo a tomporary losd of confldence snd credit. One is tho burating of a stook bubble, whioh s morely a periodical result of wild and reokless spooulation. The other s the *' playlug out" of a scheme of improvident investmeut of capital in railroad enterprises not neoded by the couns try for many yoars to come—bolug equivalont, in fact, to » time loan without Intereat. Those two oloments are sympathetio, and, In a common catastropho, nccolorato tho downfall of cnch other, B, there i8 no necos- sory conncction botweon them. Jay Cooke might have falled without producing tho collapeo in stocks that has ocourred, and tho oollapse might bave ocourred, ns it has oocurrod before, without jeopardizing any investment of capital, whother provident or improvidont in it~ aclf. Iu poiut of fact, the declino 1n stocks commeonced tho day bofore Jay Cooko's failuro, and the unsoundnoss of the firm of Jay Cooke & Co. has boen more than muspected for many months by tho moro ecaroful and intelligont bankers of tho country. It was & mero cofnci- dence in the first placo that both bubbles wore pricked at tho samo Lime, and tho contempora- neous bursting has occasionod greater alarm among tho logitimato busincss mon of the country than is warranted by the faots, Thero fa nothing in the present situation which should impair the healthful condition of the Northwost, or affoot, except in tho most romoto and elrcuitous way, tho finanolal status of Ohl- cago and othor Westorn oftios, Wo did not own tho atocks that collapsed in Now York, aud it was not our money, to sny coneiderable oxtont, that was invosted in moonshino rail- roads, Iu tho category of Improvident Investments, Jay Cooko heada the list. Ho was solzed with the mania of rafirond-building. He undertook an ontorpriso that no ratlrond man of oxperionco and standing would put his own monoy into. As far as ho could he nogotiated bonds, many of thom in all probability at & fearful sacrifico. When this resourco failed, ho invested his mongy, and that of his firm, and that of his de- positors,in & Munchausenexploration of & wilder- ness. Hosank in this waybotweon two and threo millions, and perhaps moro, of tho monoy which should hiave boen employed in a rogular banking business, What could have boen oxpected but failure ? His folly was not tho only folly of the kind, but it was tho most ogregious, and vas naturslly tho firat to reap tho harvost it had sown. The next firm of any prominenco that falled was Fisk & Hatch, and thoir failure was occasioned by tho very samo cause. They had been carrying tho Ohesapeske & Ohio Railroad, and were involved in othor bsllooning oporations. Thon the Union Trust Company falled, and it was immedintoly discovered that thoy had fur- nished money for all kinds of scnsoless specula- tions, and wore borna down by a dofaulting Cashior, who is reported as Laving appropriated ‘betweon £500,000 aud £600,000 for his individual adventures and those of hia friends. Of tho reet of tho susponded drms in New York, thero is not one important house which has not boen toppled ovor by the collapse in stocks. On the ono band, there is & repolition of tho Black Friday of four years ago, which did no matorial damago to tha legitimato commoreial interestaof the country at largo. On the other hand there is & natural culmination of the Credit Mobiliar system of building railrosds whero thoy are not wanted, aud where they cannmot pay, for tho purpose of enjoying the construction profits and getting huge land grauts. So treachor- ous and chimerical & systom was sure tolead to the ruin of somebody, and the sooner all the other kita-flyors go to pleces tho battor it will bo for tho country at Iarge. The burden of the unproductive capital in railroads to the moon ‘must fall upon those who have made these lunar investments, Wo do not beliove that any con- siderable aumber of logitimata bankors, business ‘mon, producars, or manufacturora will bo hurt by tho collapse, If there is no good reason why tho Now York panic should depresa the present prosperous condition of the Northwost, there is absolutely none why Chicago ehould becomo fufected with it. It bas occurred at a scnson of the yoar whon Chicago banlkers have their monoy at home, carefully concentrated for the purpess of mov- ing the crops. They have no important balances in the Now York banks. The money which they bave investod s placed in good socuri- tios or employed in the legitimate pur- pose of moving the grain, This move- mout has been more prompt and rog- ular this year than for tho two provious yonrs, The cropsars plentiful, the domand is largo, snd tho prices aro good. Thero is no rigk in tho Investmonts required by tho transter, and the roturn is spoedier than wusual. The orops aro going forward, and the money is com- ing back a8 rapidly as tho facilities for tranupor- tation admit, Our storc-houses are full. Our ‘bankers aro all, or nearly all, doing a legitimato business. Nonoe of thom carry stocks for cus- tomers, Btock speculations are not a festuro of our trade, a8 they aro in New York., Those who engage in thedo speculations are fow 1n number, and these do o through Now York brokers or thoir agents hero, nono of whom ere large Dankors, Nor have our bankors aud bueiness men, as o role, any of their monoys locked up in unproductive railroeds. Tho railroads now buildivg which never ought to have been undertaken aro largely located in the Wost, it is true, but it Ia Eastern and foroign capital that 18 invested in them. Thoymaycomoa to a stop, as tho Northern Pacifio probably will, but the West will bo no worse off on that ac- count. It would bo no better off if they wero carriod on to completion, Chicago capital has too many resources in sure sand substantial in« vestments to seok uncortain and vislonary schomes. It is employod in gonuine trafilein real commoditios, and ks mo connection what- ever with tho bursting of stook-bubbles, or with tho fortunos of unilnished and worthloss rail- ronda, It ia eaid, that poople are somotimes fright- enod to death in a cholora season, If anybody in Chicsgo succumbs to the influence of the present Now York panic [t will be from an analogona causo. Any infection from the orazy condition of Wall streot, which for somo yours past has boen little olso than a lunatio neylum, would be merely ovidonco of an unsound montal condition. If our business mon proceod in the usual way, buylng and selling legitimntely, dopositiug and drawing according to tho exigen- oles of their trade, they will bo no moro affectod by the New York collapse of financial adven- turors than by any othor ovent which does not nocosuarily concern them, The Chamber of Commercs in Borlin has sub- mitted a propoeition to the Govermment with roforence to o new banking law, which is ovi- dontly {ntended to got rid of tho iesuo of paper money by tle sovoral States, by gradually with- drawing it from clroulation, The Chamber of Commerce proposes that, in future, the isauo of bank notes shall be confined to one contral bank for tho wholo of tho German Empire, and sug- gosts tho presont organization of tho Bauk of Prussla for this purpose, and that it ahall bo known as tho Imperial Bank of Gormsny. The coucossions alroady exlsting may continue in force, but thoy aro not to be renowed, and no now ones aro to be granted. Anothor foaturo of tho proposed now law s that after tho comploto introduction of tho gold standard, no notea loss than 100 marka (833¢ tholora), or about $25, aro to bo Issued, and that all tho prosont notos aro to bo withdrawn from clroulation. As the Berlin Chember of Commerco 8 regulatod by the Govornmont, tho proposition is probably in- spired by the Goverumont, snd ia only anothor instanco of tho contralization and absolutism which aro growlng {n £10 German Emplro. R A — A DOSE OF PHYSIO. Tho financinl disturbanco just nt this time provailing in tho country {a Jike that derango- mont of tho human sysiom which attends the natural movoment to throw oft diseased or pols- onous mattor in the blood or stomach. Tho country {a roally in a prorporous condi- tion, but a collo hiaa beon produced by swellow- {ng » Nortuorn Paclfio Reilroad and several other cuoumbors, which must somehow be worked oft. ‘Wall atroot hag bocomo peopled with a olass of mon as desporato ag piratos, as unscrupulous 88 burglars, and sa dishonost as plckpockets. Each gang of thoso hiad their own bubblo; and the onorgles of these men wore devoted to koop- ing tholr particutar bubbles afloat. Tho country is familiar with tho transsctions of Fisk, Gould, Vandorbilt, Drow, Oooko, sud the immonso number of othora : Pacifio Mall, Northwestorn, ‘Westorn Union, Wabash, Rock Island, Harlem, and all tho othor atocks wore takon successively and often in rivalry to bo inflated or dopressed, but alwaya to rob tho publio of whatever monoy might be vontured by tho inexporienced in the undortakings, Tho monoy to conduct all theso schomes, the cash o carry on these corners snd float those countloss bubbles, was advanced by & clags of banks and monoyed institutions Iargely controlled by thoso brokers. 8o extonsive had thia disroputable busincss bocomo that thers was & woll-defined lino of distinction between the banks of Now York who do a commorcinl ‘businoss, and those whose dealings are with tho gamblers and bubble-floators of Woll stroet. - Tho naturally healthy condition of the finan- coa of the country was poisoned by these irrogu- Iar practices—theso sudden inflations and de- pressions. This attompt to carry on a systom of frauds, cheats, and speculations was ol noces- gity to ond in a convulsion. It has boon known that it was to como at some time, and tho only uncortainty was whether it would bo delayed untll tho substantial interests of tho country should have become so mixed up with the spec- ulativo joba that the erash would injure the material prosperity of the country, or not. Happily this has not boen tho caso. As an ovordoso of poison causes the human systom to reject It, when a smaller dose would kill. 8o the Northern Pacific profligacy proved too groat. Tho country rejocted it, vom- ited it up, spatitout, The failurc of tho one schemo,—the broaking of the giant bubble,—was followed by the bursting of the smallor onos. Thero waa an Instantancous shrinking in the values of all tho speculative socuritios. The fow banks and monoey institutions that loaned their funds on such securities to the wild mon of Wall stroot—to the pirales and out-throats of the Btook-Board and Gold-Room—shared tho fate of their clients, In thoe list of killed and wounded, thore is not & man who was not engaged in spoculation, and whose ruin is not duo to that cauge. Thoro may be some who wers bankers 88 woll a8’ spoculators, but the fact that thoy wore speculators ia ovidence enough that their banking was illegitimate. Apart from the loss to mero individuals, this crash seoms to us to have beon providential. It is liko lightning upon on unhealthy atmosphere, or, to oxpress it moro appropriately, it bns oporated ltke a doso of galts upon & disordered stomach. The result will bo an immonse relief. The foul and fraudu- Iont mass has beon carried off, and the country will feel all tho bettor for the oporation, A calm survoy will fail to discloso anything that the country will have causo to regrot. No one has yot fallon who was not at war with legiti- mate businoss and sound croait, and whoso profit did not ariso from tho derangemont of tho market. No ono has porished who was not a spoculator or a kito-fiyer. Gold and greenbacks remain just ma thoy wera, The currency has suffored no losa of value. Nothing has been crushed but the bubbles ; the fancy values have gone ont with the wind, and watered stocks have evaporatod. Takoe the case as it now stands, the * panio ” will prove & blessing to tho nation—the srrosting the wastoful use of capital in morely speculative cutorprises, and turning it into the logitimate channels of trade and iu- dustry. —— ONE LESSON OF THE CRISIS. A calm and dispassionato study of the failure of tho houso of Jay Cooke & Co. yovoals some vory curious lessons, tho most interesting of which, porhaps, relates to tho folly of the man who cannot let well enough alone, but, having nc- tually accumulated millions, must deliberatoly propara dovices to ruin himself, and as many othora a8 possible, Bofors the war, Jay Cooko ‘was the publisher of a provinolal newspaper in Ohio, snd it1a tobo presutaed holed a Loppy lifo and enjoyed a froe pass upon tho railroads, together with the largest pumpkins grown in his noighborhiood, suvd the privilege of sl tho - circusos, and was tho oracle of all fho country round. When the war broke out, Becretary Chase located im in the place where, apparently, it would do him tho most good. e bocame the agent for tho sale of the Government scourities, and the tithes from tho ponderous grist which went through his mill yiolded him & handsome profit, a fact which has {nduced numerous sympathizing friends to dos- cant admiringly sud pathetically upon the labors of tlis financial Atlas, carrying the Govornment upon his shoulders, The gold- en atream begun to run into his coffors, and it in-~ oroased in volumo until Lee surreudered, and for a long time after, The war, which bank- rupted some and killed mauy, turnod overything Lo touched into gold, and left him » logacy of syndicatos to continue tho operation. IIo be- camo a man of mark and consequence, o ne- oumulated soven, eight, or perhaps ton, millions, Suroly, now, the man should be contant with the rosults of his firat jump from tho sanctum in Ohio, Two paths wora now opon bofore Lim, He might rotiro from active pursults and pass the romainder of hisdeya in elogant lolsuro, surrounded by overything that enso and tasto ocould suggest or hoart desire, Ho could hardly spond the incomo of his fortune if ho tried, aud with tho surplus, romemboring his former es- tato, bo might have wado numorous country editors happy. DBy gracious charity aud disorent Uborality, in whioh ho has not boon dofiolont, ho might havo mado his name Dblessed among mon, and his gray hairs would Lave found him as flourishing ay & groon bay tros, But, if thia woro not consonant with his tastes, with the advantages of his Immenso fortune, and repu- tation, and acquaintance, ho might havo em- barked iu legitimato buslucss, sud while he was thus adding to his fortuno, he might have boon tho foundor of a houso of Amorican Rothschilds, and till would have had the opportunity to be- come a private snd public bonefactor, dlspons- ing blossing inatesd of ruin inhis path, He chono to take nelther of these paths, which lay broad and strmight bofore him. Ie had made ono fortuno at n single jump, not piling it up cont por cont like the Rothschilds, nnd must now have anothor. Ilaving ten millions, ho nugt have twenty, fifty, o hundred millions, and to do this, ho must jump again, not climb by suro dogrees. o ¢ff:ct this, ho clubbod to- gothor banks, and insurance companies, and syndleatos, and railronds, sod land-grants. Forty or fifty millions of nores, largo onough for n rospeotable empire, lay in tho oxtromo Northwest, and these Lo went for. o blow bubbles of fabulous besuty, and lot looso whole flights of bulloons, which wont eniling off vory mnjostically among the clouds, and the largest balloon contained tho credit of Jny Cooke & Co. At last, ho lost control of his ventures. Northorn Pacifle foll of its own woight, and, one after tho othor, tho bubblos burst and the bal- loons exploded, and in tho gonoral wreck Jay Cooke was found, with his fortuno swal- lowed wup. in his debts, .the ovi- doncos of which are in tho hands of corporations, banks, farmors, and meclinnics, dragged down with him into uttor wrack or dis~ tracting ombarrassment, Tho wreck ought to bo & lesson to othor high-fiyera to lob woll enough alone ; not to jump when it is safor to walk ; not to take physio when thoy are well. Tho publio will bo anxious to hava the officers of the Fravklin Bank explain what becamo of all their monoy so suddonly last Saturday. It s ro- ported that thoy bave £800,000 doposits, $100,~ 000 of which are in tho Savings Department. Yot 1t oppenrs that tho comparatively insignificant smn of €0,000, which sppeared as & dobit balance ngainst them in the Clear- ing-Houeo, was sufliciont provocation for their susponsion. Wo haven't Lonrd that tho Franklin Bank had any balances in susponded Now York banks which could havo occasioned s necessity for closing it doors. Wo should eay that s banking house that has a deposit account of £300,000, and susponds upon a domand of 29,000, owos an immediato ond intolligiblo ox- planation to its depositors and the publie, snd moro particularly in tho present condition of things than in ordlnary times, It should bo un- dorstood from tho outeot that inatitutions which clogo their doors under such circumstances muat socount for their action witbout much delay, A pilgrimages have become tho rage In Eu- ropo, and may spread to this country, it may be woll to loop posted on all the peculiaritios of tho fashions. The Fronch modistes, to accom- modato the English pilgrime, who fud it very difficult to pray in their traveling costumes, have invented la robe ala prie-Die, which is #nid to fill tho bill exactly, and has beon genor- slly adopted by the English pilgrims of tho fe- malo sox. The skirt is of o severo neutral tint, the mantle cut a la Carmelite, and the bonnet shoped @ la beguin, what- ovor these a las may bo. The back breadths are frilled up to tho waist, and may be garnished to auit the roligious tastes of the wearers, The sbruptly-roundéd bustle {8 sappressed ontirely, becauso it doosn't look woll. The Carmelite mantle i8 loosely cut, with sleoves so arranged that the hands may bo crossod like thoso of the Slstora of Charity in picturcs. Tho front breadths of the skirt arc embroidered with flat omaments, in tho Gothic style, botrowed from the binding of tho missal. The bonnet is in black straw, with quilled tulle botween tho edgo and the face. Tho roses on the loft side aro toned down with black Ohan- tilly, aud the voil, which Is short in front, is vory long and full hehind. Ono of the modistes says in her advertisement: +What wifo would not becomo roligious, and give up mundano frivolity, if sho know hor husband would allow hor the means to buy the prie-Dicu costume?" It is a conundrum wo would not like to answer, but if tho fashion is & becoming ono, it i cheerful {o reflect that tho weakor sex will adopt it vory unanimously, and, a8 it is only available for a single purpose, wo may expect s vory material incresse of devetion after ite adoption. Tho reports of the West Side fire of last ‘Wodnesday were grossly oxaggerated, and many of the journals throughout the country como back with flaring head-lines of “Chicago Firo No. 2," and startling accounts of * one mile of buildings destroyed.” Theso esaggerations will have been correctod before this without doubt, and wo refor to the mistake simply to indicato the universal intorest which is felt in Chicago's welfare, and to acknowledgo the kind expres- sions of concern and sympathy with which tho nowspapers aro ladon. NOTES AND OPINION. Tho canvass in Illinols, this year, for tho elec- tion of county oflicers Nov. 4, has beon made to assumo something like nationsl imporizuce by thorise of the Farmers' Movement and ita growing purposo to dispossess old parties. Al- though it s yot six wooks to tho alootion, the rocord stands thus, by counties: Farmers, Republican, Democrat, .52 o7 13 2 5 ~—In Saugamon County, each of the old politi- cal ringa at Bpringfleld haa called a party con- vention, and each bids for the Anti-Monopoly voto. Indead, tho rival orgaus say: Thero fa perfect sccord botween the farmors and Dewoerats of Sangamon, Many leading farmora i tha county wero congulted, aud oxpressed dotermina- tion vot ko a distinct ght this fall for tho county ofllces, Tuey nrodn perfeot uccord, upun priuciples, with the Domocratia party, and havo no desira to pro- aent a soparato (icket, This belug (ho casy, tho Demo- crativ County Committeo Las called a convention for tlio purpose of prosentiug to the volers of the county & county tickot,—3tate Jieyister, ‘Tho Republicany bave beon gullty of no such du- icity—no auch falso pretenses, 'Pliey have from tho eulubiyg tukon o deep and sbldlug iuterest {n the wuceesa of the farmers’ cause, Thoy hiave labored with then: and Iabored for them, against railroad oxtortions sud railrond discriminations, ‘They have made tho contest thelr own, They muke no proniikes, but tho; coufidantly point to the good work which tho grauc old party hus alrosdy necomplished for tho puoplo as au earnest und # pledgo of whatit intendato do,—sState Journal, —Bensiblo farmors rocognize the Republican party aa the true friend of their moyement from its beginuing, aud It s o party which has the power to carry out its sympatblos. Thoy aro willing to trust 1t, becauso 1t has novor decolved thom, nor has [t any interest iu so doing.—Rock Island (A1) Union, —Novw, siunco tho loadors of tho Demooracy ‘have gean propor to muster out the rank and filo of the Domooratio party, we expeot that many will fali in and ot with the Republicans, and to all who have tho goad of the eutira country truly at heurt wo would sy, ¢ Come on ; let us march forward to perfaction 1 ‘I'he Ropublican party hasalways stoodastho ohnm}:lnu of tl::}lpour and Inboring olassos. —Bushnell (1LY Record, —TRopublicau shoets throughout tho whole oouutr{ aro anxiously ssking of the farmors what bettor thoy want than the good thiugas romised by tho Bu[mblleu\ Couvontions in Yheh‘ platforma. Posnibly, nothing, But thon wa do want tho things wo nsle, aud not morol; resolutions promising thoso thlngu.—Lacon i, Farmers' Advocate, —A. political Htate Counventlon was never known to omit & rosolution embracing tho se- ductive dootsiues of rotrenchmont snd roform, Do sucli planka in a political platform act a8 a provontivo of thott and bribery? . . . No one quostions but what tho mnsgos of tha Ro- publican %nrty aro honeat mon—but tho leadors control. Tho bulk of tho old Democratic party woro honoat mou, but tho leaders woro dishon- ont, aud gauged ovurythlmi by tho colicsive power of publio plundor, The fact s, an irre- proasible conflict, is noar nt hand,—a oconfliot whoro capital will'bo nrraved ngainat labor, Lot it como.—Ogla County (11l,) Grange. —'T'ho oniy way to bring a corrupt parly to ro- entance {s to condemn it at tho ballot-hox, Tho Republioan party needs ropentance, Itw Credit Mobilioriton, sulary-grabbors, dofaulters, have mado its name infamotts throughout the olvil- fzed wworld, aud thoy must bo cnit out.—Afason County (1il.) Independent, —~Tiiote {8 no Eonso in condemning mon In high places for erimes, corruption, aud sburkea of the publio trust, and clocting to small oflices tho mon fn sympathy with the porpotrators of such wrongs on the *wupla |—>Macomb (1U.) Eagle. ~Tho Ropublican lmrly dooy ot considor itaolf roaponsibla for tho numerons and appaling dofalentions and swindlos_porpotrated by ita l:nrty candidates. . . . Let tho pooplo take old of the Anti-Monopoly organization, aud Dnild up & [Ix;lrly that shall liold itsolf responsi- ble.—Fort Dodge (Iowa) Times. —Wo now have orrayed ugn(nst all partics & now movement, tho Farmor's anty. b 1w of tho rooplu indopondent of leadors, and is formidable both in numbors and tho material of which it is composad, and it eannot bo defoatod oxcopt by the most couclusive evidonco that the Tiepublicans will correct oxisting ovila and pun- ish thoso who brought upon the party these in. cxcusablo wrongs and oppresaions.— 1oodstock (2iL) Citizen. = —We hear of favorablo commont on tho | Farmers' Movoment in all parts of Will County.— Wilminglon (1) Advocate. —Whnon has thoro boen held in Marion County o political convention, composed of 132 dologatos reprosenting every pracinet in tho county, that porformed ita work 8o quiatly, ovenly, aud satis- tactorlly ?— Centralia (. "'2 J)cmvcl'az —Such is tho farmera' ticket. It is worthy of the uunnim‘nuu aupport of the people of Bholby County. 'That thero will bo auy sorioun oppo- le(?n to it wo bavono idea,—Shelbyville ()1‘1‘) wion, —Both tho old parties in Mercor County aro thoroughly domoralized, and tho groat mnjority, having always been uged to obeying the dirco- tions of their loadors, aro wandoring about in a dazed, uncomfortable kind of a way, waiting for somothing to turnup, Tho Peoplas ticket will Ernl)uhly recoivo o fair majority.—Keithshurg tter in Aledo (IlL.) Banner. —In{n day the wholo fabrio of party has broken down. The differonces of Ropublican and Domo- crat, the quarrels of Liboral and Radical, aro suddnnly found to bo unmeaning nousenso in the light of the one Erlcliun\ question of the West.—New York Tribune, ~Theso are not suspicious times for politi- cians, ‘Cho farmera aro_aftor them and mway from them, and the revolution iy run on glori- ously, People aro thinking for thomsolves, and goon will learn to appreciate their indopendence and vote for their own intorest,—Dcs Moines (Towa) Leader. —TFarmors aro now moving in tho right diroe- tion, They can now move upon snd carry tho enemy’s works.—Peoria (Iil.) Democrat. —Succoss in_tho looal olections throughout tho State and West will insuro a more important and lasting victory 1n tho elections to take place next year,.—Jolict fi(ll.) Signal, —Wu hopo it will end in a just and economical administration of tho affairs of Governmont in all its dopartments. . . , . This is just what the monopoliats do not Want, but the intor- oats of tho wholo people should bo sorved in proforence to those of a fow who have taken 1t upon themselves to run this Governmont in pri- vato intorests.—Decatur (11l.) Magnet, —Ono of the things to be nccomplised by the farmer’s reform movomont, is, not only tho econcnicel managoment of ell the affairs that aro run by the people’s money, buta detormina- tion that the mon who handie this monoy shall give somo intelligiblo statoment to the public of the manner in which such funds are disposed of.— Walscka (Ill.) Times —It is about tima the Ameriean public wero tiring of the decoption practiced upon them by tho Lioeds of dopurtments at Washiugtou in the interost of tho Graut party, While proclniming il along that the public debt and expenditures ore boing reduced, it is discoverod, every timo that relisblo ofiicial figures aro obtained, that both debt and expeuditures sre on thein- ocenso. Tho worst featuro of the whole matter 18, that tho present Administration has not only inicroased tho exponditures over all predocessors, but it Is ench year cclipsing its own extravagance in preceding years.—Quincy (IIL.) Herald. —As the Farmers, Movement widens and deepeus, it becomos ovidont that it must become n powerful and radical roform. This banding togother of the grent masses of producers means moro than reliot from railroad or tariff Opprok- gious, It monns that tho massos will learn to throw off other burdous und oppressions,—sll other burdens, which have boon beld upon their bouding backs by tho Lauds of powar, capital, aud cunning.—Eartvillo (I1L) Transeripl, —Smartiug_uudor tho burdons hoaped upon thom, they bave made war upon the unjust chargos of tho railrouas; but thomovement meany much mora than that,—Iit means o tharaugh, searching, swoeping reform, or it means revolu- tion! It moans war upon corrupt political rings, and an oxclusion from oflico of all who have boen contaminated by the almost universal “grood of gain®” amang our public men.—Ke- wchuncs (0 dndependent. —Nor {8 it_strango that the peoplo of this county should be thus roused. bition to bo rich, the desire to amass fortunes hastily and cnsily, the mpirit of wastoful oxtravagance in high places aud low places, the unscrupulous, reckless, and dishonest use of public fuuds, ex- travagant appropriations, the unreasonable and dangerous increaso of uninrlcu on the part of the Prosident and the Congross, and many other such things, aro surely onough to arouso and alarmn the toiling, tax-paying, and woalth-pro- aucms,v peoplo in earncat protest against the prevalent iniquities,—Greenville (I1L.) Advocate. —The evil which lins como upou Jay Cooke & Co., while it is n calamity to the conntry as woll a8 to iteolf, will bring to the ponerai good vomo- what of compensation if it shall contribute to tho breaking up of tho groat money rings,—Des Moines (Iowa) Regisier, —A good offect of the fallure, we hope, will bo to chack the rockloss, hondlong course of reat business men who linvo been accumulat- ng vast fortunos, in this country, which ought to bo seattored among the poople, and to cxions tho corrupt winga of Cradit Mobiliora which oxist in nearly all our great corporationa. —Ziock: Ialmulsfll,) Argus. —1It is of little consoquonco whoro such spec- ulators ay Jni«; Caoke land, individually, Thoy aro not & healthy constituent of the businesa world, and their downfull is not a calamity. But tho effect on genoral business, tho panics and failuris of others that they earry with them, conatituto a calamity which may oxtond far and wide.—Indianapolis Sentinel, ‘Tho smash-up of Jay Cooke & Co. Is prob- ably only tho boginning'of theend. If sich & house, that has bad the unlimited confidence of tho Federal Governmont aud the poople for years, caunot withstand the pressure, who can? Tho furmors are bankrapt, and sre umting to save themselves from utter ruin, What business i in a better condition? Who stands on solid ground? Wo aro prosperous, or apparontly so, until the erisis comes, but is that country pros- porous whore business men stand shivoring with foor lost u great financinl calamity ovortake thom? 1f God Almighty shall seo fit to work a miracle, in auswor to tlie prayers of good mon, tho country ity continuo on under tho system organized end sustained by the dominant pnnf, but unloss somethiug over and above nature iy done, wo shal) go to smash soonor or lator. Tho logitimate end of those who run on stilts ia in the diteh-— Grand Rapids (Mich.) Democrat. —Tho Albany Journal saye : ** Tho Chileago & Northwestorn and_tho Milwankoo & 8t. Paul Rallronds soom to bo laying up wrath for a day of judgment, But when ronda are controllnd by Wall strect spoculators, and used to squeazo the poople, the manngars must not be wurprisod it tho pooplo ptrilio back vigorously, Tho people Luve no hostility to ronds as roads. Thoy have been willing to tax themsolves and mortgage thelr far'us to got thom built, aud thoy do not objeot to & faw return on actual investmonts ; but they will not bo imposou wpon And silontly Buffer ox- tortion, This l8 rocorded.— Wisconsin Stale Journal. —It hins boen tho chiof carc of monopoly In- torosts to intronch thomsolyes bohind the courts, and when State Judges have Dbroke down tho parapot, to take lodgoment in Fedoral tribunals, which aro practically irresponsible to the poople. The quality and kind of mon appolinted as Judges for lifo, hivo not beon sufticiently considerod, It in bohlnd this bastion that tho position is deomod imprognable, It is agninst that fortification that tho hoaviest astillesy wust be dirocted.—St, Paul Pioncer, LAWRENCE, KAN. Dam Across tho Kansne Rivor—Xorke Packing ¥Houscs Special Dispateh to Lhe Chicago Tribune, T.awnesog, Kan, Bopt, 20,—Work 1 brogressing Tapldly upon the dam scross tho Kunsas Niver st this oint,” It 18 to b 600 fout long, and will siford 3,500 orno~power. Tho dun 1a to Lo completed this fall, An asociuiion of prominent bukiness mon s orect- iny & largo pork-packivg bouso fur this svusou’s busi- ucas, POLITICAL. Stark County (111 Farmers! Nomina. ton, Spectal Dispateh to Thé Chfcago Tribune, Tovtow, 1Il,, Hopt. 20.—Tho Farmers' Convention of Btark Oounty met at Touton thin morning, Tha towne whipa wero fully ropresented, and almont exclusively Dy farmors, A atrong ticket was nominated for county officorn, ItIn composed of thrco Repntbllcans and ono Domocrat, a8 tho parties were formerly clssificd, but, 2a thoy ronounicu all thelr former politlual aflinltics, they con only be enlled representatlve men of the Farmers Davin Lownman wns_ nominatod for Capt, Armstrong for County Clerl; G, 1L Phelpa 'for iy Treasurer | Buporintondent of Hehooln, “Iio beat of fecling prevafled, and are gonorully necoptible, Thir it tho whots ticket will bo octe The following resvlutions wero adopted unanis ‘mously ¢ We, tho poopla of Blark Connty, who aro opposed to monopollen, regardless of former politieal aflilintions, do heroby ratify and confirm the following resolus tona ua an Loncst expreardon of our opinions, sud the Lasls of our futuro political action : First—Thot we hercby renounce all former party ‘bonds, and will act 0s fregmen, knowling our rightssud daring to maintain thom, Second—Tho protection of hioneet industry in nll ita Draiiclios agulust thio encronchinents of ayyregato capl- Third—Equal and cxact Justlca to ll classos, and spectl priviloges (o nouo, Fourth—Tho control of railronds and all other core porations by Natfonal and Btato logielation, Fifth—A toriff for roventio purponcs only, but none for tho support of special intercats, Stzth—Opponitiou to eulary-grabs and all oflior Gov ornment ateals, Seventh—A rigid cconomy fn all tho departments of tho public service, Righth—No_mors land-grants to rallrand or oftioy gorporations, but a regervution of (he publie dumais for actual soitlors, Ninth—Louesty and capacity tho onty teat of official position, Tho Convention then ndjourned with threo cheors for thie Farmers' ticket and the Farmuesw’ party, aud in Novwrabor you wiil bear n good Foport froln ko ark, tho nominationa Is vo quustion but The Grangers’ Movement in Wiscons win, Special Dispateh to The Chicago Tribune. Osnkosn, Wis,, Bept, 20.—Your correspondent Lsa Just had o talle with Jamios Reafnard, Secretary of tho Blate Grange, Mo belloves that no Master of & Grango will tako part fu tho Milwaukeo Convention of 1l 23d fnst, @8 I would be in dircct violation of tho rules and ordora of tho Stato Grango in regsrd to tho approaching politicnl cumpalgn, Uo #ays that, whilo tho Patrons ure not n politicnl organt= eation, ond aro required by law to keop politics onte #lde tho gate, thoy sll have ono opinton o tho lesding os tions, and all thiuk allke, Morcover, when (ho timo comes for voting, they will voto ulike: Baid Mr, Sratnnrd, Evory Patron that I over Leard express an opinfon 'on tho subject, told o that whom ho joincd ho _Grango ho throw amido all patty foalty sud )l obilgation to bo bound by tho ordurs of any party i s campaign, Tho Patrons Tl voto for guch comilliaten an Topceitn. tholr s {h tho great fight ngaust monopalics, No man, Ro- publican or Demacrat, will recelvo il voto of tho Patrons uniosn lio ia sound on thewo quoations, Wo now havo in Wisconsin 16,060 Patrous, nud befora the cloction wo slnll havo 10,000 membore who aro voters, Detwoon now and Novembor 100 now Granges wlll bo orgunized, Never sinco T huve Leon Secrotar: D thero boen #0 much uterest manifestod il throngle tho Stato, and spplications_to organizo now Granges aro coming in by dozens, Only touday I recelved an application from tho Grand Cliate Farners' Club, oo of the oldest and beat of its kind in the West. They wantod to bo transforred Intos Grango, and sime flor lottora como from overy aquurter. ' Col, John Cachiranc, Masor of tho Stato Grange, und othier mew bers of tho Stato Lxecutivo Commitive, have been sp- pronched by Ropublicaus and Democrats with (o offor of ‘any officc or political preforment which thoy' could ask for - on _ con- ditlon that”™ the Influenco of tho Patrons bo thrown for ono or the other. We do not proposo to do i, however. Wo shall form no ontangiing alliances, Dt Keop our organizaiion in goud ehape, and voto 8olid for mon of eithier yarty who reprosont. our views in this State, I do uot beliovo that Granigos will support Darkor for Liculensnt-Governor. o stands 18 tho ropresontative of u_glgantic monopoly, besldes Velug th tool of tho §t. Pani Railroad, If uny goud man fa nominated on thio othor side, 1o will reccivo tho Grango vota,” Arrangoments aro now comploted for s Grand Grango Jinrvest Plenls on.the fule grounds in this city on Thureday, Oct, , The Hon, Matthew Anderson, of Dano Couniyy mill Uollver en address, aud it Js x> pectad that “%,000 Patrons will be prisent, It will occur during tho Northern State Fair, snd invitations Tuve been extouded to all tho Grunged in Wiscousin, Mnssachusctis Politics, Bostow, Bepl, 20.—The Republican Stato Contral Comunittce, chosen ot the Gonvention where Butler waa defoated, met to-day for organization, Duch haa boen maid about the orgunizations of its Exccutivo Committeo so 8 to givo Butler less ndvantage than ho had beforo, Thero hos ulso been talk nbout doposiug Loring, who hus been President of tbe Committee for eoversl yenrs, ond G 8. Morrill, of Lawrence, the Sccretary, who, durlug thie Butler canvuss, did many questiousblo things. Tho desired consmmmution, however, was to got off tho Exccutlvo Committed Wiitium' A, Simmons, tho Supervisor of Iuternal Revenue, und tho oblest low tacllelan in our Stuto poli- tics, Althoughi thero nre on tho Stata Com- mitico o majority of Butler men, they for somo zenson faled to sccompilsh anything, ' The Butler men had everything fixed to their’ mind, If the General wishos to_mnke another Auht for fhe candidacy ho atarta os well, saufar i this Committed’s Influcnes ex- tonds, a8 over, Tho men on tho Committeo who wera oxpected fo make n struggle for o reform wero _strangely ~indiffercht, Ono new mem ter modo n motion o excludo from the Excentivo Commitico nll holders of public oitices, snd was immediately set upon by Slmmiond and nomo lf-dozen Costoni-Houso men, Who fullowed each other In bittor npe and nolther Speaker Sun- ford nor W. W, Rico would fay a word, All thia has a bad look for fhia peaco of tho party Lare, for however concilintory men who have s ambition to_bold oftices sy be, there 8 8 large Lody of the party wha will nover bo reconelled to Butler under any circunilances, 1t 19 not unlikely that stops will bo tuken to organizo tho anti-Butler faction, indopondent of the Stutw Con~ vention, Botween 1ho Custom-llouse and Lizmilton ol there can searcely be Lurmony. Farmers? Convention in Vermilion County. Special Dispateh to The Chicago Tribune, DaNvILLE, TIL, Sept. 20,—An ndjourned meeting of the Furmers® Assaciation of Vermilion County was held to-day, at Lincoln Hall, for the purpose of dlscuse- ing the propriety uf nominating a Farmers® ticket for tlio ensulng olection, Ldward Winters, of Catlin, wus cnosan Ohsirman, who appointed the foflowing mitteo: Messrs, L. Burkes, J, Ross, und I', Fox, They oported full delegations’ from o mujority of tho towns, A gonorsl discussion {hen enmied reln- tivo to tho question befora tho Couvention, which rosulted in onoverwholming majority favor of nomiuntlug a lcket, The eubjeck then,as to whotlier this Convention” nominate a” ticket {o-duy or postpono it until u future time, elicited un vxelted dis= cussion, and was finally disposcd of by the Convention adjourniug for two weeks i order to ohitalu fnstruc- tions from tho soveral fartnors' clubs or Grunge Every setiontnken to-uny was most bitterly apposed, sud it required ull the strengtls that tho frbads of this movement here in Vermilion County could pul forth. toensblo them to come toany actrin whatever, They Tounlt of tho Convoution herd to-day 18 & declded bk uaph for the farmers’ ticket, Large Meeting of Furmers nt 0dell, 1L “Special Dispateh to Phe Chicugo ribune, ObreLe, Til, Sept, 20.~To-day wis alively duy for- Odell, “There wu an immense gatheriug of thy farme- ers to hear tho princlples of the Farmers! Movement. Qlscusred, About 11 o'vhork loug procossion paraded: $ho stroots, headed by the Odolt Band, and procecded to tho spenkiers® stand, whera tho mocting Was organ- ized by thy eclection of G, L. Kirkpatrick, of Piko Townully, for Cluirnan, After & fo romarks by thy Chairm, tho mecting was adjourned for dinner, When 8, 8, Morgan proscuted tho entire erawa with w, tho grapes they destred, On assombling nfter dinmer, W, A, Me- Kelghen, of Owego, was callod ou, oud ade drowsed the moetiug i » speoch of ono hour, Ho roviewed tho situation with power, und, i an olegant uppenl, called upon tho friends of cquni and oxct Justicy fo'da thele duly ut iho pollr The noxt apeaker wag=R. R, Wallaco, the Autl-Monopoly oundidato for Connly 3wigo of Liviustion Cownty, Wha, i1 u fow words, browgit ont the Learly sppintis of tho guthoring, A. P, Weight, of Odull, was noxt called out, und mado ' geand_speoch, Wright was a candldate’for nomination for County Judgy beforo ta Farmors’ Conventlon. Ho fatled to' get the nominus tian, but 1 going to work for tho antire ticket, fu full confidenco of thiv election of 1ho sumo, BT, iitt, cane Qidato for Treasurer, next addrewsedl tho meating, sud mado » O d by Farmor Tiakosley, who 18 an wutirlug laborer in tho éauso of tho peopid agatust mouopollcs Tunnur wore presont with tho inseriptions : ¥ \o Tndoreo tbe Tarmers’ Platforms™ * Equa! Rights to ATl % Downn with th Munopoly~Thicves,” s, Lo furmors ure nwalio, They huvy by uld party tics, sud avo contidont of & triumph thix full st the. polly, S THE POLARIS. The Rritish Associution Enlightenod— capt, Iall Appronched Nearer the North Pole thitn Any Other Explorer —A Deserved Eutogy, Loxuan, oyt 21, —At n scusion o tho el Assccl- ation at Bradford yeaterdny, Capt, Marklinm, of the Britlsh Nuvy, who was on bourd tho Arctie when she rooctved tho mon rescucd from tho Polayl, gayo u des taflod_account of tho vayago of Gapt, all, which ha thorod from membera of the expedition, 1o eald o Polarls ocoupled ouly four duys in make ing the distance from Cape Shakleton northward to latitude 83 dey., 16 min, This wus the noarest polut to the North Polo over reached by oivil- fzod mun, Thoico wus soft ull tho way, aud « sizonger yeusol conld bave attalied u much” highor latitudo, The Loidon Ubserver to-duy closcs o oulogy on tha Iato Capt. Hall us followa 1 Tl ruda wamden mouu~ !hmmt l‘l‘l‘ l\llw l‘lltr:u;ilT Anlnrl‘xj!m), utanding \llnlmxld‘t» r aolitude, 18 at tho sume thuo a gruud wemorisl tres phy sud chullongo”