Chicago Daily Tribune Newspaper, September 27, 1873, Page 4

e S THE ¢HICAGO DAILY TRIBUNE: SATURDAY, SEPTEMBLR 27, 1873. TERMS OF THE TRIBUNE. T8 8 UTRONICTION (rATALR ¥ ADYANG nlly, mal o By R vy XiTH K Paxts of a yoar at tho suma rato. o provent dolny and mistakos, ba suro and givo Post O0 coaddrass i full, fncluding Btato and County, Remittances may o mado oithor by dratt, oxnross, Post Oficu ordo, or tn rogistored lottors, at our rlak, TERMS 7O CITY AUNBCRINENA, Daily, dollverad, Buniay oxconton, 25 eonte por wook, Dudly, qollvorad, Sundny Included, 20 conta por wooks Address THE TRIBUNE COMPANY, . Cornor Madison aud Dontborn-sts.. Ohicago, 1, TO'DAY'S AMUSEMENTS, OQOLEY'S TITRATRE-Randolph stro CRROm Ersmtor F Rori AR ot a hotweon ovoning. ICKER'S THI Dok ra an S, wsvening, AOADEMY OF MUSIO—1talatod stroot, hotwean Mad- ton and Monroo, ™ lingagemont of Mrs, "D, P, Bowors ¥ Amy Robsart, Aftornoon and ovouing. RIE—Madlson atreet, botweon * Lmmolation,” " Aftoruoon suu ATKEN'S TIX = Wabaali avonue and Unrvxlmru T o o oy fhronne Ao oveutng. GLODE THILATRE-Deaplainos stront, botwoan Mad; isun and Washingtou, ** ll‘llnnhhuk of Notro Damo.” Aftornoun and evoning, MYRRS' OPERA Dearborn and $tato, and cofoalities, M strogt, botwoon s Non Prdaina.s Stinstroies Aftornoonand ovoning. ISINESS NOT! INSTEAD OF BITTER, USK SWEET QUININ Al ;D NURSE FOR OHILDRI 1o e SR WWINSLOW'S BO for Ghildron toothing. St WAVANA LOTTERY—WE B0LD \wiog, April 2y, Clrovlars wont, ine e o e WANTLNAZ & GOy 10 Wa $70x Uox 1, b, New York = ATOIELONS TATIL DYE, TIII8 SPLEN D O ot s tho worl: Thio only trao and por Heur e, Yinviots, rollablo, And fnstantancous: nodisnp- uint ment : no ridicu! tin! mt odor. Romo- e e oot of bat dycs hnd washor. Droducos jm- ©1y aatipars binek of natugal brown, and loaves tn "o vonitno, aigat W, driubia, . ONATLES VLOK, Praviotor,” &, ¥ VAN sCHAACK, NSUN & TLIID, Agents. N TAIL NG BYROB: Eoautiful. id by all The Chicagy Tiibune, Saturdasy Morning, Septomber 37, 1873. NOTICE TO ADVERTISERS. Tho pressurc upon our columns on Sunday morning 16 80 great thiat we aro compelled to roquest advertiaors fosend in their ndvertisements for that fssuo atos early anhour a8 povaible, in ordor tht they may with certainty securo the proper classtflcation, Tho advanco in the prico of gold yeatordsy was probably caused by the now admitted fact that tho Governmont will bo required to issue £20,000,000 of tho so-called reserve groenbacke, to pay its ourrent exponaes. If tho revenues should foll off considerably, it would be neces~ sary to issuo the wholo 844,000,000, snd this is probably the undorstanding of tho street, Tho attendance nt tho Exposition Building sosterday, during tho day and night, was very good, though smaller than it would have beon had not the prosont panio turned the thoughts of 8o mapy to other things, The vieitors from tho country havo not yot begun to arrivo, since it will be a fow days beforo the excursion tickets will bo jusuod. The display is stoadily improv- ng, and the vacant places rapidly filling up. Tho machanicnl part of the Exposition is very full, and contains o number of complicated and [uterosting machines which aro in full operation. Up to 8 o'clock lnst night, the roceipts yoster- dny of currency by’ expross excesded ©750,000, one-third of which came from Boston. In ad- dition to this, thore woro soveral persons renched Chicngo yesterday to purchase grain, especinlly Darloy, at the reduced prices; each of these por- sons brought his curroncy with him, Browors nud distillors who can command the money aro making tho bost of tho markot by cash pur- chases, Itis probablo that tho city conteined ono million of dollars moro in currency last night than it did in the morning. 1n 18 enid that unless arrangements aro mado for tho traneportation of grain from the Wost direct to Boston, the Cunard stoamers will have to lenve that port without cargoes. It would seem to be more rational for theso steamors, if thoy canmot get roturn cargoos at Boaton, to solect somo other port s their American tor- minus, If Boston capital would expedito tho completion of the St Lawronco canale and {ho connection with Lnke Champlain, they could bave Western produce delivered in the heart of New England and within easy aceess of Boston, direct from Chicago. Tho Chicago Times says that the inflammatory aunouncenont which it made on Thursday, that all the banks in this city bad resolved to **closa thoir places,” was an accldent. If it woro sn accident, it was ono ontailing enormous conse- quences, but in point of fact it was not an accl- dent. Tt was a reckless, incondiary sttempt to creato a sonsation, tho results of which have beon Bo disustrous that the scneation-monger bimsel?f is frightoued ot his own work, Tho run of the country banks on the city banks was pro- cipilated by it, and thisled to tho run of tho city depositors, who saw tho money going away from them in carpet-bags and hastoned to got their share. A political party, to bo known as the Peoplo’s Indopendent Party, was formed by the Conven- tion which met at Sacramento on Thursday svening, to nominato indopondent State judicial ofiicers. No such action wag thought of whon tho Convention was cslled, but whon the dele- gates from the different parts of the State camo together, their feoling was overwhelmingly in favor of such an organization, The resolu- tions of the Convention denounce all kinds of subsidics and Btate aid to rallroads or othor cor- porations, oppose the present tariff, and applaud Gov. Booth for his course in resistance to the encronchmonts of thé railroad corporations. Gov. Booth, whon called upon for & specch, do- clared that 8o honest aud spontancous a move- mout had never before been soen in tho Btate, sud predictod its success. The Chicago produce markots wero tame yos- terday, and most of them lower, as a conge- quence of tho suspension of soveral banka, Mess pork was quotod 500@$1.00 por brl lower, at 814.76@16.00 cash, and §12,50@18.00 seller Decomber. Lard was dull, and 3@3(o perlb lowor, at 73@75{0 cash, and 7%{o seller Docom- bor. Meats wore dull at 73{@7}¢o for shoulders, 895@83go for short ribs, 830 for short cloar, and 9@11c for sweot pickled hams, Highwinos wore quiot, and 1@20 loyor, at 00c per gallon, Lake freights were quiot and firmn at 8o for corn to Buffalo. Flour was dull and heavy, Wheat was dull snd 4o lower, closing at 9ic eash and 980 seller Octobor, Corn was quiot and firm at 3¢@1lo doclino, closing at 860 casb, and 87340 sellor October, Oats wore quict and Y@lo lower, closing firm at 20340 cash, and 280 soller Octobor, Ryo was in good demand and n shade firmor, at63c. DBarloy wasquiotand 5@7ehighor, closing at £1,18 for No, 2, aud §1.00 for No, 8. Tho boy market wes Innctivo, with little or no chango in pricon, salos making at U4.16@4.60. Cattlo and shoep wora dull and weak, Tho banks of Chicago by thelr ropresentatives Liold n mooling ak tho Cloaring-1ouso Inat night, and soveral hours woro spont in vain disous- sion upon issuing lonn-cortifientos to be uned at tho Clearing-Tiouse. A motlon to thia effoct wns voted down, Finally, a committco was appointed {o roport somo plan of ac- tion to an adjournod moeting, to bo held to-night. The Committeo {8 composed of Mr. Rumscy, of the Corn Exchango; Mr. Lombard, of the Fifth; Mr. Rutter, of tho Tradors’ ; Mr. Clarke, of the Hibernlan ; and Mr, Groonebaum, of the Qorman National. Tho bankes which susponded yosterdny woro prosont st the mooting, and evidently sought to induce tho other banks to follow thoir courso. At the moeting o dispatoh from Now York was road stating thot greenbacks wero worth from 1@2 por cont more than cortified chooks. Aftor tho adjournment of the meoting, Mr, Coolbaugh and othors remainod in the room, and alao Messrs, Ruttor, Clarke, and Lombard, of the Committee. Aftor somo disouesion, it was statod that & majority of the Committeo would roport in favor of adopting the Now York sys- tom, tho checks to bo pnid only through the Olearing-Ilougo. THE SITUATION, The most untoward ovent of thelast twonty-four hours is the failuro and closing of five Natioual Baoks of this city. The National Banks all over the country have gonerally been able to main- tain thomselves thus far upon the rule adopted by tho Now York banks, From Now York and Boston thero comes the assuranco that tho banks aro ablo to sustain thomaelves, In bolh these citios, ns clsowhore, the banks are ablo to sccommodato their dopositora with sufiiciont curroncy to onable thom to carry on their busi- ness, The moreantilo classes do not seom to have boen thusfar afected, and havé bean able to meet all thelr obligations as they matured. De- posits ero still made in all tho banks, That there hus boen a withdrawal of currency for the purposo of hoarding it in privato safes is obvi- ous ; but if the banke continue to meot the ro- quiroments of their customera a fow days longor, most of this hoarded currency will come forth, ‘Wo ropeat that the suspension of tho five Obica- g0 banks is the most unfortunate event of tho last twenty-four Lours. Tho recoipta of curroncy hore by express are large. The country must have the breadstuffs and the pro- vislons which are packed in our warchouses and stock-yards, and to got thom tho money must be sont here. At this momont, the most availablo capital in the country is grain and provisions. ‘These just now constitute tho circulating wealth of the country. Tho importation of gold, which began in small sums a short timo ago, continues, and thore are several millions mnow on tho way to this country., The Bank of Eng- land has ndvanced its rate of discount fo 10 per cont, with a view of checking the flow of specio. It is doubtful whothor this device will avail, there being & large deficiency of brondstufls in England aud France. Gold will buy broadstuffs hero cheaper than eclsewhero ; therefore, gold will come, It Is to be admitted, howovor, that the contin- uod maintenance of tho present condition of tho banks ig doubtful. Tho various savings banks of tho country are at work during the timo gain- ed by the requiromont of notices to strengthen thomeelves for tho day of settlemont. Thoy are, of course, absorbing a Inrge amount of cur- rency, which for the time is locked up. This intorfores with tho operations of the commerefal banks, leaving them dopendont on the forbearancs of {iheir depositors. That for- boaranco lhns boen, as & gonoral thing, very marked, and this makos the susponsion of tho five banks in this city moro distinctively unfortu- nate. Tho Union National Bank did 2 vory large business on monoy belonging to banks and bankers outside tho city, upon which interest was paid. That kind of business is moro difli- cult to manage in times of stringency than any other. The suspension of such business locks up not only whatever monoy tho baunk had of its owr, but cuts off tho means of other banks and bankers, thus oxtonding its own unfortunate plight to all ite correspondenta. Generally, 88 wo have said, the condition of affairs yosterdey was uuchanged, oxcopt by tho closing of five Chicago banks. What to-day will dovelop cannot bo forotold. —_— TIME TO HALT. No man can tell when, how, or where a panic will strike. Just now thore is a mania for clutching greouback promises to pny. The peoplo aro hoarding them a8 though tho crisis turned upon thoir possession, If they wero so much gold, with an actual and recognized valuo all over tho world, thoy might, porhaps, be ro- garded a8 the last refuge, and tho ineanc desiro to possess thom aud loy them away for futuro uso might be partially justified. When it ia remembored, on the contrary, that they have no intrinsic value, it is impossible to analyze and underatand tho wild fury which may yot render thom worthless. It is time for the people to pauso Jong enough in thelr insensate rage to consfder where it will lead them, and bow they will escape the suffering they aro bringing upon themselves, It is mnot the bankers, nor, a8 a rule, their depositors, who will suffor most from tho genoral suspension which may be forcod upon the country. Oapitalists, marchants, manufnacturors, moneyed men, sud iustitutions gonerally may sustain heavy losses, They may find thomsolves forced to emcritico their property., It msy become necossury for them to live less expensively, Thoir summer vacetions may be ourtailed, and tholr trips to Europo postpoued. But this is nob sufforing. Theso pooplo may be botter if not happior for such a change In thoir hablts of life. They aro in no danger of hoaring their children cry for ‘broad or soeing thoso who are dearcst to them shivering with cold. But the very retrench- ments which thoy will be likely to mako whon tho hard timea come will fall crushingly upon thoso people who depend upon them for employ- mout, Wheneverthey economize in tholr business thoy cut off men and women who have nothing but tholr labor to look to for their support, It N8 the mochaules and the lsboring people who must guffer most from the offects of a panlo whicli they have done nothing to precipitate, Tho country ia toeming with excellont crops, which will bo gold at low prices, Droad and meat will bo cheap, Tho general conditions of prosperity will be at hand. And yet, with all theso advantagoes, & genoral susponsion will forco men out of employment, Tho iron mills will porhops stop work, and then car faoto- rlea will follow, and #0 on. To hoard the our- rouoy I8 to withdraw tho roooguized medium for the trananction of business, and if the provailing rago continuos businoss must come to n sland- wtill, Tho pleturo fs an nnpleneant one. Wo draw it with & purposo. Our monoyod mon have a moro sorlous rosponsibility than they aro willing tosoo or acknowledge, W'hoy muet not earry the indvstrial clnsses down to ruln in their lheadlong seramblo for greoubncks, Buch n ro- sult will rosot upon thom in moro wayd than ouo, ‘Chese poople must live, employmout or no omployuient. Thoy cannot bo pormitted to suffor from hunger whon thore Is plenty to ont, nor from cold when thoro is plonty of fuel. If they are furnished with no opportunity Lo worl for their livlug, tho living must bo given to them. Thoy will como back on the charity and publio taxes of those who have monoy and business loft, Tho roal difforonco will bo that the samo class of men who now give them omployment whereon they live must thon givo thom brend and clothes and fuel, without the roturn of tho good services of tholr sinew and stdll. The suffering of tho masses that will be thrown out of employment in caso of a gon- oral susponsion will be sorions enough even at this, It will bo all tho more 80 becruso it will como upon thom through uo fault of their own. It s this inovitablo result of a continuance of tho prosont monseless panie which tho people should coutomplato beforo all othors. It ean bo avortod now. Tho bauks nre tho great fiscal agoncies of this country. Though not the pro- polliug power, thoy are tho indispensable cog- whaool, without which the wholo must stop. Asn class, thoy are solvent. Tho logitimate banking ‘business of tho country was nover on so sound o bosis, The question of tho hour is: Will you sustain them, or will you forco them to godown ? Thoir intorest and yours is thosamo, Thelr downfall is your downfall, bringing with it an oxtent of suffering which you have no right to honp upon a class of poople who have not shared your wild and bascless approhonsions. To throw tho industrial classos, or any consid~ erablo portion of them, out of employment, is the very tip-top and acme of insensate folly. It i8 tho direct rond to ruin, and it is horrible that wo should befrightened into it by an égnis fatuus. Wo sny to the community now: Bustain the banke that ere loft to you, or tho curroncy you are hoarding so sordidly will bo wortllesa ; the progress of the country will bo checked ; and you will bo practienlly forced to divide what is loft to you,underthe forms of taxation, with those whom you will depriva of tho only meaus thoy have of earning thoir living. THE INFLUX OF GOLD., The people of the United Btates have beon worehiping the '‘green goddoss of irredcom- ablo paper” moro than ton yoars. Anothor govereign will soon make his appearance and dis- pute tho supremacy. The popular dolusion that thore never could be & genoral susponsion on & greonback busis, thoro being “nothing to sus- pond on,” bins beon rudely dispolled. 'True, tho susponsion has not yet become gonoral, but the ingrodients for it aro at hand, and evorybody i now willing to admit that it might bo so. The virtuo of irredcemsble paper to avort a panic has vanishod into thin air. Looking st the movement of gold from forcign countrios to the United Btates,—a movement which cannot bo stopped oven if the Bank of England should be forced to suspend,—it is not impossible that specie payment may be forced upon the greenback-worshipera of this couutry in spita of themselves. What is fobe dono with this gold? If wo were on a specio basis, it would strengthen tho banks, and ‘tend to restors confidonce and avort tho worst results of tho crisis, If the amplo resources of the Governmont had boen dovoted to redeoming its past-duo paper in sccordance with a solomn promise, instead of buying up an indobtoducss baving twenty years to run, this incoming gold, together with the stock already bore, snd tho production of our mines, amounting to $1,000,- 000 por wook, would soon ballast tho crazy ship of finance. But that has not been done, and the question comes pressing upou us, What shall be dono with this gold? Ioroignors ox- pect to buy our wheat with it, and buy it thoy will. Alrendy tolograms have boen received horo from Canads inquiring at what prico wheat can be bought for coin. Thore is mnoth- ing that canmot bo bhad for gold in times of panic. Gold coin or bullion will domineer over tho groenback at a terrible rate in any controvorsy that may arise botween them respecting tho posscssion of wheat, or pork, or auything olse under tho sun. Tho laws of tho United Btates and the decisions of tho highost tribunal recognizocontracts mado payablo spocifi- cally in coln. It docs not stzain our eyesight to gee in tho noar future a trado startivg up on & gold basis, and “going it alono.” Itmay bo that tho gold which is coming over will at firat bo sold for greonbacks, but as it ne- cumulstes it will bocome too costly to bo hoarded, Unloss it is in ciroulation perform- g its natural ofiieo, somebody must lose the interest on it. No great accumulation can bo long held idla, Nor cau it go out of tho country 8o long as foreign oxchange ia below par, as it must be for a long time to come. Thero will be u poworful force at work to drive this gold into the cliauncly of business. It will not circu- Into on an equality with groenbacks, but Jt moy circulate, nevertheless; and, to whatever extent it moves, it will rellove tho existing pressure, What tho precido rosult will bo wo shall not attompt to prodict, but it will probably makea botterspecch in favor of spocie payments than Boutwell or Grant ever mado In favor of taxing thé poople ono hundred millions por annum over and above the needs of the Governmont, in ordor to buy, at & premium bonds having fifteen or twonty yoars to run, THE STATE OF THE TREASURY, This is a good time to talk about Nevenue Re- form, for tho condilion of the United States Troasury is one of imminent danger. Whatover may be the violssitudes of banks and bankers, thero is dangor that the Trensury itsolf mny bo brought to » suspension, unless it bo averted by spoody logislation, On the 20th of Beptomber, tho coln balanco in the Treasury was as follows : Qotn u Treanury, .. £8,022,605 Ontutanding cortifical 0,104,700 Belonging to United Btates, +$47,426,805 ‘Tho ourrency balauce has boon reduced by the purchaso of $12,000,000 of bonds at an averago of 110, The fucomo of the Tressury in surrency betweon now and January will perhaps be $80,000,000 and tho expenditures $50,000,000, Hore will bo a doticlt of §20,000,000, which muat bo roplaced by selling that much gold, unloss there bo an equivalont issue of greenbacks from tho mo-callod $44,000,000 reserve, This will loavo the Boorstary with about $27,000,000 gold, &ll of which will be noeded to pay the Novembor and January intorost on the publio dobt, In ad- ditlon to thls there are outatanding bonds that Liavo beon ealled in, and which may bo prosented at any moment for paymont, and othor Inrge oxponditures In gold; theso may amount to na much ps $20,000,000 or 925,000,000, At all ovents, tho Socrotary must dopend upon tho reccipts from customs to onablo him to bo able to pay tho Novomber and January intorost on tho dobt, and the out- standing and overduo gold obligatious, If ho 18sucs groonbacks, Lo only postponea for & litile thio inovitablo doficlt, The presont dorangement of tho finances, as ono of its firat consequoncos, will reduco tho consumption of all ‘lmportod articles, It will necoslinto rotronchmont aud oconomy in ovory lino of oxponditure, Tho winter is nearly vipon us, and henceforward disbursemonts will be con- contratod largoly upon the nccessitios of lifo, mainly to food, fuel, and indispenaablo clothing. Tho gront bulk of shoddy woalth has boon swopt out of eoxistonco, Belwoen this time aud the lst of January, thoro aro thirteon wooka. Tho highost ostimate of custom rocelpts in that timo, had thero beon no panio, would have boon two millions a woolk, and even this sum would hardly carry the Troasury ovor tho orisls. But tho rocoipts will not bo suything liko that sum, Until this ponlcis ovor, thoro will bo no importations, nor withdrawals from bonded warchouse of dutisblo articles, Tho Mark Lane Express, the organ of the grain mar- kot, ostimatoa that 0,000,000 bushols of wheat must bo imported to supply the defleiency of tho grain and potato crops, Franco hasn doflolonoy oqual to 48,000,000 bushels, This largo defloloncy must bo suppliod In part from this country, and to purchadoft gold must bo sont hithor. Al traneactions botween the United Btates and forolgn countries must for a time be In gold, and a8 wo havo tho whiphand just now, it must come hithor. IXmported gold pays no duty, and if it ahould como in ship-loads the Government would gotnoneof it. The flow of gold hither to pur- chago food must complicato matters in Eogland and bank suspensions thero will havo the offoct of still furthor contracting tho importationa of dutiablo goods. Without at least $25,000,000 of rovenuo in gold from customs during the noxt ninoty doys, tho Troasury must cithor fail to pay tho interest in January or to moot its ourrent gold liabilities in the meantime. Thoro is, thoreforo, an immedinte nocossity for loglelation to provide this rovonue, The toriff must be at once adjusted for revenue. Tho dutios which are now prohibitory or proteative must bo ropenled. Dutics must bo reduced to such a rato as to invito importation, and produce & rovonuo to tho Treasury, The duty on cortain classes of woolen goods, such aa blankots and carpots, must bq so roduced as to produce rove- nue to tho Government and not morely to fa~ vored individuals. Bo with cotton fabrics, salt, iron, oto.; the duty must bo roducoed to the point which will produce tho largest amount of rovenuo with tho least possible burden. Hoviog abolished these enormous bountios now pald to privileged classes,—laving doubled or trabled tho revenus from sach of these sourc- es, and at tho eame timorolioved theconsumors of porlinps $100,000,000 taxes they now pay to private corporations, Congross must restoro tho puroly revenuo dutics on toa and coffoo, which ought nover to havo beon repealed, and which ropool was o chent and a fraud upon both the pooplo and the Treasury., The tariff can be re- duced to an avorago rate of 24 per cont, includ- ing tho tax on ten and coffeo, and produco more revenuo than {8 now obtained with an av- orago ratoof 40 per cont. L'he saving to tho country is not to be measured by tho mero differ- enco of 25 per cont on tho things actually im- ported, but by nearly that porcentage upon al tho wares and morchandiso, except food, con~ sumed in the country. Protection has at last brought tho National Troasury to a condition whero it can only oscapo suepousion by a prompt abandonmont of tho wholo dolusive and nefarious systom. The Becrotary of the Trensury may fssue his groonbacks, but that will not put gold into tho Treasury ; nnd hore ho is, bolploss, with his ‘main Bource of revenuo cut off by a steeple-high tariff, and his only moans of deliverance is to lowor it to a revonuo standard without delay, THE WORRINGMEN, Tho prosont financial crisis has brought out in strong ond cloar roliof the storling charactor of the workingmon of this city. It is not tho fitat timo that they have boen put to the test and proved themesolvos manly, pationt, hopefal, or- dorly, and law-abiding citizons. In other finan- cial crises thoy havo resolutely withatood the pressuro, and shown that in Chicago there is no disposition among them to aggravate troublos Dby useless elamor or rash violeuco. Tho groat fire was another notablo tost. It offored temp- tation fo violenco and dlsorder ; but the poople racognizod tho dangors of the situation, and lont. their Learticat efforts to put tho clty upon its feot again. And now once moro they are prov- ing themselves equal to an omorgenoy, the ond of which no one can clearly foresco. Thoro hns not only been no disordor or violence, but the working people have manifested the olearcst disposition to aid tho bauks, ospeclally the sav- ings banks, in which thoy are most directly in- torested. Thoy have made no runs upon them, and have not even given the sixty duys' notico. ‘Fhoy have boen calmer, stoadior, and less excit- od than the morcantilo classes. Whilo tho busi- ness mon were drawing out their deposits, the working olassos have kopt cool and dispassion- ate, and gono about their work in s hopeful spiri. The poople are still in this temper, still Jooking to tho botter-oducatod olassas to golvo the problom, and lending thelr moral aid by doing upthing to aggravato the orlsis, although this flnnnels! pressuro is forcing many of thom out of employment upon which thoy Liave to depend for o living, Such conduct ss this is in glaring contrast to tho crowd that be- saleged somo of the commorcial bunks yeatorday, agalnst whom there ought to bave beon o sixty- doy rulo in roadiness to bo euforced, It is an oxamplo thoy should read and profit Ly, and one for which they should be thankful, The faith and hope, the coursgo aud calmnoss of the com- mon people in tho presonce of this danger are the most encoursging eigns that all will be woll again, The strong arms and atout hearts of tho working pooplo, opposed to the fury of tho timo, may yot carry us through the storm aud provo the real solution of the problem. The saying is 8 trito ono. that great dangors bring out tho renl oharactor of tho man, but it is truo, and in Obleago it has moro than onco tested tho people and proved thom puro motal, For their courage and resolution, their determination to abido by tho law and to commit no act which shall jucroase the dangers of the timo, thoy aro ontitled to the highost oredit, We have no doubt that they will continue to roalizo the responsibility whioh rests upon them, and will moot it like mon, The speody settloment of thoso difffoulties largoly rests with thom. Pae tlenco, and tho clouda will clear away. As in the dark daya after the fire, lob ovory man foel that a gravo responslbility rosts with himself, and tho ond will not bo far off, THE OHICAGO EXPOSITION, The oponing of tho Intor-Btato Industrinl Fxponition has boen much moro brilliant than the anxious condition of the public mind at this timo would havo pormitted any ono to expoct. The gentlomon who hnve beon most active in tho management are among thoso mont largely in- terestod in the current changes of tho fluancinl market, but thoy have not, on that account, abandonod their rosponsibilities in connection with the Exposition. Noithor tho netnnl strin- gonoy in the money market nor the oxaggorated deprousion usualin times like tho presont hos beon sufllolent to override tho local pride which has led to the erection of so costly n building, and filhog it with models of industry, benauty, aud art. Tho succoss of the Chieago Exposi~ tion was fortunately assured beforo tho panic struck us, Tho building wns finlshed, the space spolon for, aud the exhibitors on hund with thelr varied and intoresting collections. Tho whole scopo of the entorprise will bo car- ried out regardloss of the worry and trouble in flunncial circlos. Thogrent crowd which gathored in tho Luilding on tho oponing night attosted tho general intorest that is felt a the Exposi- tion, and the sighta they saw in the cursory viow then taken will bo sufficiont to confirm the popular impression of it intorest and grandour, Tho Exposition, at the presont timo, mny work out & noblor miseion than that for which it was origlonlly dosigned. It will furnish a healthful recroation for thoso who need rolief from the oppressive ntmosphoro of tho flnancinl sky, and it will offoer to tho peoplo of Chicago and the Northwest tho ovidonces of thot matorial progress aud prosperity which cannot bo pormanontly or soriously af- foctod by tho bursting of stock bubbles, the insane hoarding of cwironcy, or tho Inscnsnte fury of unronsoning people, In this souse, the Exposition has a now interest and a now im- portance for the people. Thoro will be found thoro no dlsplay of stovk in moonshine railronds, no more cortifleates of doposit, or printod prom- igos to pay. 1Its tressurcs are ssmples of sub- stantinl wealth,—tho wenlth of invention, of industry, of production, of manufacture, of & grent and growing poople. In’ teaching this lesson, tho Exposition is timely and useful bo- youd tho gratification it affords, for it must en- courage mon to take new hope, and ronow the enorgy that has produced this rich displayina city ecarcely oldor than a single gonoration of tho human kind. The ouly objection that wo have heard urgod agninst tho comploto succoss of tho ontorpriso is, that the Exposition is composed moslly of Chieago matorial, 8o far from this beivg an objection, we approhend that it will prove to bo thoe main eloment of attraction, and that it will bo esvecially gratifying to visitors from abroad. Chicago is, and has been for years, but particu- larly sinco the groat firo of 1871, an object of curiosily forthe whole world. Its rapid growth and {llimitable interpriso Lave been the wondor of tho commercial world. There is no way in which o fairer aud more intelligent idea could Do obtained of what has contributed to this growth and developed this ontorpriso than by an oxbibit in ministuro of the manifold trados, industrics, staples, and avocations that mako up our city. Fow actunl residents of Chiongo comprehond tho numboer aud varioty of industries roquisito to tho building up and mnin- tenanco of such a metropolis, and the Exposition will thus become a practieal panorama for their enlightegmont. ho amount of instruction that may be derived from this ploasurablo inspection will bo groater than could be conveyed by daily columns of description, If Chicago pooplo muy learn something of their own city from tho Exposition, tho visitors from othor citics and the country will certainly bo thouk- ful for the opportunity thus afforded them to inapect in o couplo of days and at o emall ex- ponso moro than they could seo in soveral weoks of gssiduons application, and with liboral ox- ponditure if they had to search for it. If thg Exposition is o condonsed Chicago, it ia o sight which ought to attract country visitors more than anything clso that could Lo offored thom. It may bo that tho present financial panic, now bogiuning to bo seusibly folt throughont the country, will check for some days tho influx of strangers whioh might othorwiso have beon ex- pected. But this lapso will afford the managers and oxhibitora tho opportunily to get their ma- chinery in good running order, aud the visitors from sbroaa will fare better than if they came earlier. Tho local intorest in tho Lixposition, along with the varioty of attraclions it possessos, will be suflicient to render it o lively place of ro- gort for tho time being. In oddition to tho numerous dismal things now provailing, it scors that the Western Ploni- potentiarios are nover agnin to got an audionco with tho Emperor of China. Although thoy bave onco been received, tho result docs not soom to satisfy anyono, Tho foroign popula- tion 18 indignant becauso tho edict granting tho interview referred to the foroign powers, ina vory derogatory mauner, as iuferior powers, and thoy insist that tho Plenipotontiarica shall not ngnin subjeot thomsolves to such an Iudig- nity, On the other Land, tho Chineso univer~ gnlly olaim thnt if the Plenipotontinrios were renlly received without performing tho Kotow, knook tholr heads on the floor, and doing other Celestinl gymnastics, then the Emporor was dor- elict in his duty, and ho must nover allow tho universal Chinese nation to be insulted again by being dragged down to the lovol of the Oceldon- tals. In view of this doublo pressure, it 18 ox- tromely doubtful whothor the Plenipotentiaries will over agnin have tho folicity of looking upon tho pigtall of Tlis Ma)osty. The Chinessdragon 18 ovidently ou the rampago again, e The liquor question islooming up in the Band- wich Islands, and a tlorco diseussion s going on n the Hawaiian papers selative to the distilla- tion of rum on the sugar-plantations, which ig now taboood by law. Some of tho largest planta- tion-ownors have commenced an organized move~ mont to got tho law rescinded and obtaina - conso to mauufaoturo, which tho press of the fslanda is vigorously opposing, on tho ground that it will rosult in the dostruction of the native raco, The Hawalion Gazette showa that whon rum distillation was froo tho native race dimiu- ished 50,000 in eightoen years, and, if it fa li- censod again, it witl bardly take anothor elgh- teon yonrs to oxtinguish the population, TFlorenco Nightingalo, the philanthroplst, who Lias boou wo long lost to the publio view, is once moro heard from in n lottor which sho has writton from London to tho Rov. Dr, E., 0, Winos, who hne so long boon idontified with the movomont to Lmprove privon diswpline, Tho lettor itselt concorns tho same subjact, and containg somo rathor novel views, which will command very gencral intorest, coming from such a sourco, Bho bolloves that prisons, as now conductod, are actually a roward rathor thana detorront from the commission of erime. Ier romedy in cnses of thoft or forgery Is, that the oriminals ghall bo compelled to work out and ropay tho prico of tholr theft, For crimoes ac- companied by violence, crpoolally in cason of violonco to womon and children, she advisos tho froo use of the whip,—a suggestion which one wonld hardly have expectod from alady of hor woll-known tenderncss of disposition. Tho proposition to svork out the amount stolen, how- over, {s a novel one. ON THE RIGHT TRACK. Anothoer of McDonald’s Bunko Dons Mrolcom Up-=Arrest of Several of Iis Vagrant Ropers, "Tho Pimes, with ta usun) short-slghtadness, editoriale 1y condemna tho polico forco for not paying mora ot~ tentfon to mtroot deaperadocs, and for devoling so much attontion to Miko McDonald aud his crowd of gomblors and blocklege, 1t {3 tho Z9mes snd not tho police who take tho ‘wrong viow of this mate tor§ for, f theso Lunko-cliques could Lo effectual- 1y broken up, and tho leading spirits, Morrla Murtin, Joln Dowling, Garrlty, and tho liko bo {mprisoncd as vugrante, which {s thelr truo charactor, they would havono chanco to do garroting and go sbout tho streats kuocking uoffonsive oftizens down, Biko McDonald owns a polico conrt, and 80 ho and his companions hovo eacaped thoir just dues, but Capt. Duckloy bias heen 8o unromitling in his atten- tlons to thoaa rascals that Miko deomed & chsugo of buso & most expediont thing, o ho wont to the North 8ido, and took rooms in Ewing'a Block, cor- nor of Wator and North Olark strects, To thls placo ho nppofnted William Langloy, aliss Willlam Jolingon, nling *Appetita BiiL,” Josoph Marttn, sud Hugh Higgins aa " ropers,” This Langley wos arroate ed under tho namo of Johnson, & fow duys ogo, oan yagrant, but Miko McDonald hworo bo vias o hard- working mon who rocols & regulsr palary In a atore on Clark stroet, and, althouglyseveral officers swore hio was & vagraut, Banyon let him off, Yoatorday morn. ing, when the Michigan Contral train came in, & young man, named G, W. Tindall, got off It, and bad hardly ot 'outsidn tho door wien ho was accosted by mgley, who mentioned belng follaw-travol er, cic, and spoke of having {he samo old Jottery tcket, ctc,, which has been tho means of bunkolngn grest ‘many befors Tindall, Itls the old story, Tuoy mado thelr violim © ropresont™ tiil Lo 1od Dothing left, and then kicked him out, Tha Italians havo a saying that, ** More foxes than assso’ skins flnd their way to the tanner,"” and so it proved in thin cass, Tho threo ropers and tho doorkeeper Ed Johnson were arreated on tho thnrqln_: of gaming, and were buited out by John Dowling, Thoy will bo 'tried beforo Banyon for tha robbery, sud on the charge of vagrancy it will bo woll If they aro taken beforo Scully and tricd and sent to Bridowoll, and, if thoy vish, make It 8 tost caso, THE CITY IN BRIEF, The notorious Charles Freo confidenced R. Beaurc- gard out of all his lucro, and Bcully yesterday held him to $500 bail, ‘Tho stono work and {ron rafling of the rondwsy to thie Washington street tunnel are boing repatred, John Bronghom 8 6 bad man,snd saye ho can't Apeak English, Danyon yeaterday chiarged Lim $20 for con- tompt of Cout aud telling lics. ‘Thie Oity Treasuror's office boro on its door yoster- dny, n light yellow card bearing tho nssuring legend ¢ Bmall-pox hero] Are you vaccinated 2" John Conner tapped the till of Henry Rush, No, 681 South Halsted street, of all it contained, and wss held by Beully yesterday 1m $500 bail to the Criminal Qourts The Liborty and Firomon's Baso Dall Clubs play s match gawme this afternoon on the Twenty-third strect grounds, Aa thoy lave hitherto proved lo be closs cauteatants, an exciting game may be saticipated, The basement of thonow St. Paul's Church fs ex- pected to bo ready for uso about Nov, 1, Until then, tho Bocfoty will hold Babbath morning scrvices in Alken’s Theatre, Tho Bunday Schiool counceted with the parieh will be resumed noxt Sunday ot close of morning worabip. Btealing horses fa tho favorite pastimeof John King. Tis Jnst venturo was with tho noble stced of Mr. Olnrlea Steln, who lives ot No, 375 South Hulsted streot, but it did not prove a muccess, for the police nubbed him, and Justice Scully yeatordsy held him 1n bail of $500 to tho Crimiual Court, Tho caso of Watt Robbins and crowd, who wero ar~ rested on & charge of gaming, wos dismissed by Dane yon yeaterday, as was alo that of John Brown, chargod it nhootiug'ut an_ollcer; Tho mun who uncgues- tlonnbly did tho shooting was Jobn Dowling, but Lo &ufi:filfi;‘nlsficd for want of sutticient evideuco to con ct Lo, A firo brako out at 10 o'clock yesterdny morning in tho burn of L, B. Rowley, No. 990 Stuta strewt, which extanded to flio rear of No, 993, the dwelling of Peter Meeny, Ruwloy's lues will'reach $350; insured for £100, ‘I tho Atlontlo and Pacifie. Tho duuiago {o Deatiy’s bulding was $300 ; uninsured, A vigorous correspondent wunta to know why in thunder somebody doesn’t movoin tho mntter of secur. ing o vinduct ovor the ralirond tracks ou Kinzio streot, cltiier at Unfon, Halsted, or Sungwmon strcets, 1I6 s0ys * It 18 s miich us o muw's lifo 1s wortls to_ under- talo to drive over eald tracks, Accldents aro Lappen- ing overy day." Tho followlng eircular hias been fasued s 4 'Tho beat men only to 0il tho otices. Tuird Ward Law-uud-Or- der meoling, Saturday evening, Sept. 27, at balf-past 7 o'clock, at thio Olivet aptiat Chiurch,Nos, 207, 300, and 211 Fourth avonue, bot 1k aid Taylor streots, Tho lon, A, L. Morrlson, Scnator Woodard, Jobn Jonce, F. A, Torting, B, J. Wakeman, aud other good speakirs will address (honiceting. " Tublloattontion fsat presout abont oqually divided batuween tho unfortunatoly coincldont ovants, tha opening of the Exposition and the financiul punfe, Tho hotel rotundas uro flled all day long With knots of busy con- versationists, cagerly discusaing ono or other of theao occurenced. Such important vvents as the rolnatate. meut of Oficer Simmous fufl to excite wnore thon & passing thought or word, so eugrossing are thoso prevalent topics of conversation, Brs, Mullen keops a hougo on the corner of Jackson street and Fifth avenue which enjoys tho roputution of beiug the most disor.erly on the South Side, Capt, Buekley blates that it {8 o *fonco,” and a esort for all tho deaporate characters in tho city. Tho cracks- mun, Johuny Bridges, was hidden in this houso for soveral days provions 'to his capture, On complafnt of difterentpersony, the house was * pulled ¥ Thuraday night. Yeaterday'Mrs, Mullen and the inmates wero Buvd $20 cack, Thiero swora no crowda of any alze sround tho atracts yesterduy, But litlo busiuess was traneacted in the usually busy lines of trado, Men stopped on tho streot corners to talk over tho eftustion, and took mat- tors philosophically, Thers was abundant good humor and faith {n tho future, In apitoof all sorts of rumors, confidouco waa wondorfully muintained, snd it was gencrally belleved that the panio would wear et out gradualy, sud without dolg. tretziovatlo mischiof. Tho sumo stagnation charaoterizing almost_every- thiug uot conucctod with fuances was dimnally ovi- dent about City Hull yesterdny, The Board of Polica only succeeded in getting througl its routine work with diticulty, and paitly examinod tho chargo of # funttention to duty * aguinst ouo of the putrolmen, postponing its furihor conslderation wntil tho wits hesaca for tho _defenso should bo forthcoming, Mr, Burley and Mr, Gago wero bunted down by ravenous roporters, in tho hopo of learning from them How Mg Gl wmw gl fo aflect o finances, and whother it would oporate to rotard tho city fmprovements, Witl theso trifling escoptions, tho placo waa us duil a8 tho Congressionul-Globe, nu about a8 descricd 88 o countzy uchool-louso & hur- vest-thme, Yeaterday morulug, at half-past 3 o'clack, a police oficer observed flawes fu tho roar end of the baso- ment of tho reefdouce of Mr, Alfred Doy, No. 408 Wa- Laslh avouue, When tho engluosurrived o liouso was A1lled with deiwo sunoke, and tho cacape of thoocenponts of tho house was for o timo almost out off, Mrs, Dy {8 nu vaiid, aud wae aslcop fu tho front parior on the ihird tloor, and uhablo to movo, Dayid Ensley, the asalstant, foremau of No, 31—tho colorad compuby- rescued Lor ab tho peril of his own life, i con ageous couduct was enthusinstically commended by all who wituessed #t, Tho houso waa domagod by firo umd water to tho extént of §300. Tho adjucent prem= 1ses, oceuplod by 8, Bundors andt re, Gray, wore also soutowhint injured, Mr, Al Gago, of the Doxter Park Olub, racelved tho follovwing dispitch from Now York yestorday, slgned y D, P, G, Alneworth, tho well-kiown lorsoniun ; #ghallarrivo {in Ohlcago) Sundsy morn'ng with Joa Danfols and Hubbard, on way to Califoruia. Qold- suith Mafd aud Fullorlon trot at Philadolylin, Flcote wood Purk proposes to offer speciul purso of §0,000 for noxt wook. Afraid you will invo to il frec-for-all purscs with Wesfern Lorscs,” Wo publish the dispatch for tho bouoflt of (hoso Westorn Lorsenien who would niot enler thoir atock for tho froo-for-all purso {n the forth- coming meoting st Doxter Park If tho Mald was to be o contestnt, ‘Llioy can now send along tholr entrauce ‘money with comparativo sufety, Lo cutrics, itshould bo remeniborcd, close tonfght st 9 o'clock, st the Graud Pucifio, —— FIRE IN NEW HAVEN, Nrw ITAvEN, Coun,, Sept, 20,—The Seniors’ Touse of tho Epluconul Acadouiyut Gleibire, was burned youtors day morning, but all {lie other scademy buildjuge wore nreeerved, No one wa injured, and 1iost of the arti- cles belonging to tho boys were spved, The townse peojle hiave opened thelr housos, aud the people are wull provided for, Thero will bo no intepruplion of el ol whatovor, snd finmediate mousures will be takon 1o Liuvo the houso Tobullt, gzcde il S OCEAN STEAMSHIP NEWS, T 1venroor, Sopt, 20,—Steamships Kontlworth, from Thiludelphin nd Erasé Moritz Arudt from New York, arrived out, New Youx, Sept. 20,—Arriyed, stoamships Tdaho, from Livorpodl, Georgla from Glasgow, Resano fromi Dover, sud Hunsa from remon, ¢ POLITICAL, Pcoplos Party Judicinl Nominntions in Californin, BAN Franoisco, Bopt. 20.~Tho sctlon of the Teopls Indopondent Gonvontion nt Beramonto last night fa rogarded an of vory important slgnificanca: Tho dolegates from thia city and somo othors wora undor tho finpression that tho timo hiad not thon ar- rived for the organization of 8 now party, but the dolo- gates from all portions of tho Interlor averwhiclmingly favor Immediato and docialve ction in that way, Our delegntes yloldod rendy nssout. B, Van CUT wam olocted Prealdont of tho Convention, Tho delegaten, oro repreaontativo men in fall accord with tho sentt. ‘mentn of tho peoplo oxpreszod in tho Iato olectlon, BN Fraxcino, fepl, a7.~o Tndopendent, Gone ention nt Bucramonto list night nominatod T, W, MeKinatry, of this olty, forJustico uf the Bupreme Court, 10 Is n Democraf, nud present Judga of the Twelfih District Court, Tho Convention ndoptod n platform nnd resolutions ot tho opponents of organized corruption form themaolves into political Ly, known na tho Peoplo's Indopondent party. Thoy ropudints varly foalty sa tyraunteal rule, iiking tho citizen to tho scrvilo par- tinan ; condenh ~ tho Aystern of tslg moncy corript Iy in clections; condemu all pofitienl Hings and cliques formed for tho conlrol of the notion of Gove orumeut s vledges tio party t Clvil Sorvico roc form; will resist all Credit Mobilior contract financo companies ;* denounco tho present syatom of thio diatribution of lands and grants of Jand to ralle rond and otlier corporations ; opposo all kinda of sube sldy by Tadoral Stato, county, nnid munteipal, govorns monta’s opnose tho present tarlfl ; favor tho taxing of solvont dobta ; fuvor thio cight-hiotir Inw ; opposo Ohi« neso immigeaflon ; opposv an clcetion to tho Prosis dency for moro than one term of four yenrd, ‘Tho last resolution Indoracs tho noblo stand taken by Gor. Taoth n beialf of poular sights ngalust tha encronciments of unecrupulous politicions and Talle rond cor{)nmllnns. "Tumuituons spplauen followed tho reading of thls resolution, Tho roport was adopted unnuimously, "Thio itafo Central Comnuittee was chosen aud county organizations rucoinmended, fter adjournmont, tho mombers of tho Convention progeeded in proceision 1o (o renldenco of Gov, ooth, In rosponsu ton scremado he nddressed tho pcoEln briefly : “Fellot-cilizena : T am glad to seo you all ; thankful Dboyond tho power of lnnguago to expross, If ovor thoro waa o movement wlycls hnd its nception spon= taneoualy with tho peoplo tbemaclses, it i (his whioh you hiavo organized, 1t is absolutely without lenders #hip, oxcopt in Fo far 08 you have given it form. There Woro mon,~—liunest, " ablo _mion,—looking _ for- ward to' immollinto results, spoculating on tho probabdlities, Whilo they havo'been calenlnting {10 pooplo bavo been moviug cu magso behind them— havo swopt overything beforo them, (Prolonged spplause], In tho history of Biato’ Conventiona thoro has beon nono sich nn that which assemblod hera to-day, [Enthuslastlo spplous.] Somo howepapers hinvo {reatod your efforts us o kind of treason, Just o8 if tho people dld not have tho right to sssomblo in thelr own manner, Tut politiclans must always tako this thing upon themcives, and mark the way in which they must move, Gehtlemen, yon hava dono nobly, Buccoss congratitlates you in tho atr,” Gov, Carpenter at McGregar, I, Speelal t'mu]umxlmru{ The Chicago Tribune, cGnzaon, Ta., Sopt, 24, Gov, 0, 0, Carpentor, tho Republican candidate Gils fall for Governor, held forth to n fow of Lix dovoted followers, ot Cambtian IHull, last evoning, Tho audi- enco was'vory suinil, and (licro \wia 10 dialay of s thuslsm, ITis expianation of his conncction with the Rankin defaleation was ovorything but satlsfactory, 1t 18 thio goneral feellng hero umong Republicans, that tho Ohairinan af tho Republican Hate Central Come mittca committed o blunder whon hio permitted Car- peater to Luko tho atumy this fall. 1o onght to hivo en placed o tho ramo bont ith tho noted ealary~ grabbers, who wera withdrwn from participating la tho canyass of {his State, Tho Goveruor docs not oxe plain “ worth a cent ¥ hiow that bond of ltankin waa not wigned, nor the renson why Raulin wus not in- dlcted and punishied a8 ho deservod. Theso nre mys- torlca that tho peoplo of Town would like explainad, and the Governior scoma to bo tho one_to mako this *mattor plaiu sud satisfactory. ~ Thus far ho baa utterly CRIME. The Postmaster of Pittsburgh Arrested on o Chargoe of Defalention, Special Dispateh to Tha Chicago Tribune, Prrrauunar, Bopt, 20.~The city was thrown info an imumenso atato of ccltemant this afternoon by tho ana nouncement that our Postmsater, John If. Bewart, A proved a defaultor to u Iargo smount, A littlo fn! vestigation proved tho rumor truo, For somo time ‘back the Gazette and othier papers of this eity, as well 48 & numbor of our prominent morchante, have been miseing valuable lotters, Much complaint was mado 10 the Postmnster, but ho apparently could fud no romedy for tho evil, and tho abatractiona continued Finally tho pnpers interested ond severaj merchants sent complainta to Washington, The authoritiea thero dotafled Bpecial Agont E, R, Pothors ‘Dridge to fnvestigato tho matter, and Lo called to his ald Spocial Agent Slinrrets, of New York, They works o up tho cago together, and this morning Mr, Pother ridge mndo an information Leforo Unlled Statea Comintesioner Gamble, chnrging Joln I, Stowa Tostmaster, with embozzling from the United Stated $13,495.08, ' & warront was desucd, and slortly aftor Mr, Stowart was placed in custody, knd liad a_prelimis oty earing before (o Commisalguer, whio hold bia i the sum of $50,000 for a further hearing, Col, J, H. Blowart has been Postiaster of thin ity for Avo yoara or moro. IHo §s & mun that wielded considorublo po- Titteat influence, and served with distinction during the lato war,_1fo wus niways regarded as being au up- righit man, ‘So fur 8s known, ho has natbeen in sny apoculntions that would fnvolve any nmount of money, 1lo carriea on, in conjunction with Col, Robert I, Pate terson, a vory extensiva livery businoss, His bonde- men afe two of tho wealthiest n the connty, and ara omuly responeible. | Gousequiontls, thg, Goverument i loao notuug by thi detelention, It 18 rumored thint Btowart hina acknowledyed h!s gullt, and that tha defaleation will smonnt to over $16,000, including monoy takon from lotters abatracted from the matls, RAILROAD NEWS. Yowa Narrows=Gange Enterprise. Dra Morves, Sopt, 20,~Ten miles on tho narrow- gouge railrond to Ammes aro under contract fo be ready the 16th of November, It i proposod to have a por- tion of the road in operation by the 1st of Jauuary, Railrond Fight at Elgin. Fraw, Sopt, 20,—Yestordny the employes of {he Clty Ga' ooy foro up 200 foot of tho truck of fha Chicugo & Pacille Rallway, which runs across thir land, ~ This was dous ut_noon, {ho Rtallrond Compiny put. w larao gaug to work, and in 8 fow minutes tho irack was down once more, and ballasted by leaving; upon it o troin loaded with gravel, This action of the gus folks, ® very unpopilar cou: pany, Is severely commented’ ou by all, uud moy lead therm {nto trouble, At 2 n the afternoon The Indinnapohs onrd of Trade Call for n Reduction of Freight Bntes. INDIANATOLIS, Sept, 20,—At & meeting of the Loard of Trade, held this afternoon, tho following resclution relative to Enstern-bound frolghts wus adopted : Resolved, That this Doard of Trado request trunk railrond llnea to tho East to reduco thor rates on fourth-clua frelght to 45 and 60 conts to New York and Toston, and o other cltics of Now England in the same proportion, and that tho Secratary ho requosted to notify the ralironds of thia aetion, CASUALTIES. Collisfon of 'Train Kilted and Severn! PatERSON, N, J,, Sapt, 26,—AL abont 7 o'lock this morning s paesonger train on the Midlund kailroad, which left liero at 5:54 'clock, Tan into n_ frolght train near Now Durhan's, Dot tio engincers aud_Sremen wora budly hurt, and ono_firoman’ fatully, Four or vo of tho pnasengers wero also infured, Travel wes deloyed untfl afterhoon, Tho frefght was two hours Dehind time, Sovernl Porsons Killed on an English Hailway, Toxpoy, Sept, 20.—A collision yestorday, on tho rafirond tear Carlinle, resulled id soveral porsous boing kitod snd {njured, Fell Botween the Cars, QLEVELAND, Bopt, 20,—Ceorgo Dighton, conductor on the Toledo'Divlsion of tho Lake Shore & Michigan Southorn Rulirgud, was killed yesterduy morning at Elyriy, Ohlor Hoilipped and 1ol belween o cars, e dfuged wowme Wistanco, aud Lorribly mungled, Docensed resided ut Erio, P, EKilled by o Frile EvansviLis, Ind,, Sept, 20,—Chotles Quernor, or Ourner, coruco-miker, of Duyton, Ohto, roceutly of Oluclutath, Ly o ilastep ol from 3 thteo-itoey, bild- distdude of fitty toot, nud, strikiug u brick payo- , was instautly Elile Runaway Aceidonts ectal Iapateh to The Chieugo Tyitune, O Ban e atusin ol of 1ho Ottawa Turn_ Hall, was' riding o spirited fiorso round the clty thla morniug, Tho Lorao hecamo Numunagesble and threw ita rider with great force, cuttiug his heac opon {1 a fearful mannor, Tho wounds are uot cons alderod to bo of & fatal character, OBITUARY. Sobastinne Olazagn. Lowpo, ap. 20.—A diapately from Engliin, Tel. gimu, sunounces tho doath {n that town of Sobatiang Olazaiga, tho woll-known Spanfeh statesman, Jean Ohncornnce Pans, Sept, 26,—Jean Ohacornac, the dlstinguished Frouch astronomier, s doud, Jumos Clay. Lopow, Sopt, 20.~Jumoa Oluy, momber of Parlias ment for Hull, 14 dead, An Unfor ate Visitor, From the New York Tribune, 3r, Peabody, of the well-known firm in Lon. don, srrived last Triday In Now York on his first visit sinco 1860, ife arrived thon on tha famous Black Frlday, and ho begins to think that his vaeits to this country ave ili-timed, —