Chicago Daily Tribune Newspaper, December 18, 1873, Page 3

tho peoplo and buslucss of tho Tniled Sistos at this Tiofore procceding to discuss tho question, “ Who croates woalth 7 *7 (& will bo woll for ua o forf {u our own minds some definito idoa ot WIIAT 14 WEALTI 7 Tho real aud pormmnent woalth of & Prosporous na- ton, and thint of an_fudividual citizen, way, and_do, often diifer very wiloly, 'Tho wealth of a prosperons natlon consfsts in whaiever will, in and of itsoif, con- tributo to the comfort and happiucss of ita citizons, Ou tho other hund, ths woaltls of & prosperons cliizen ‘may consist of the aame, or that which i3 oxclinngeablo far tho necessarios of lifo, = 1lis Woulth may consist ene tiroly of money, Lecauso of his juxtaposition to othors b inve tho eanontiala of camfort aud happiueas for which hio can oxchsngo bis moncy, Money fs valuabla only I proportion to it useful- mess, And, If its possessor was 80 situated as to Lo un- able to oxchungo Lt for the actital neconsaries of Lfe, it would bo worlilcas, Gold and silvor would TIAVE NO VALUE AR MONRY, woro {t not fur tho fact that tlio nation lias ordatned, by law or usnge, that s _cortaln amount of them, of & eortain fincness, shal’ bo n_dollar, and rocolvablo in pogient of dobts, or In oxchango for anything clso of waterful valio, Tho legal yover to measure, nnd nld in the exchango of valuey, alona gives gold and aflver tho quality of motiey, Ao wortly of thicso motals 18 bulllon 18 do- rived ontirely from thofr uses i commereo nnd mauti= frctures, aud fo regulated by domund aud supplyy tho sawe as evorything olse, This is woll llustrated Ly the paper-ciirrency of the country, whichi J4 created snd put futo cireutation Ly Inw nlone, It biad 10 o~ istence yosterday § 3t mny lave nono to-moriow; but to-duy 1t is endowed Wtl all tho functions of money, 1¢ia plaf, ioroforo, tiat oty o Such can form i A VERY SMALL TAUT 3 thio permanent wealth of 8 nation, but may form o cnilra wealt of an individual, ‘Tho moncy of o country pinys a more lrnflmmm part du the creation aud distribitlon of wealth tina oty other, snd por- Tiapa oil othier agents put togelher, I I the lokon by which tho Inbors of tho cotintry and all it products ar mado Jalorohangesblo, and thelc olativo valuse ob- timated, Aud on this nccount alono 1 1¢ valuablo 88 manoy All of tho nocessaries of ifo TOAKSE INTRINEIO YALUL. They can_bo used for our comfort of donvenfonce, whiother wo liye moncy or not. AN of tho statutcs on cartl could 2ot deprivo wheat and corn of thelr valuo a9 articlos of food. Yot all of tho mnoy on (hs glaba could ba wived out t ono stroko, Wo would then bave 80 much Lulllon, which would go on the market, snd o s0ld by the pound oF ounce, o8 othor products. Haviug thus defined tho unturo ef real woaltli, wo 270 10w propared o d:scurs the quostion of ‘WIO CREATES WEALTH? First—Lavor, ajded by tho clomonts and natural forcow, cau alono create wealth, Capital mny facilitate tho uxchango of the products of lubor, and thus mako it eaalar for labor {0 creato a givon smont of waalt, and to supply tho wanta of a untion. But lorgo park of our presont commerco 1s carrled on by woans of stmplo exchunges of products, % may Lo permittod o short digression ere, to say that, s o ceriain numbor of ‘manipulutors aro noced. aury tothe greateat prosperity of Iabor, a cortaln profit on thourticlos bundiod by thom must bo allowed s compensation for tho Inbor porformiod, This must Uo 20ded to tho cost of actual production, and paid by the consumer, us, without it, the articlea would not be placed withiu bls reach, 'Dut whntover {s added more thon ls actuslly necesrary ta pay for th transaction of tlio neconuury buriness, managed fn tho most ceouomi~ cal manner posstble, niust bo ook :d upou o8 - AN UNIUST TAX, Itls » plain bustness maxiin, that ovory ono must aup- port thono onguged 1n ft. If, therefare, t0o_many por- Bons bocome engaged {1 tho business of moulpulating tho products of Iabor, the tax meccassry to wupport them and tholr dopendonts may not only be. come oppressive, it unbearablo, Thia 18 oo of tho most important grounds of complaint among the farmore of tho United States, Tue nonproductivo host, that cling liko locches and burnuclos to tho agrlcultutal ship, has well nigh sunk thiat aturdy old craft, and tho crow have mutinied, oo megns of regulating tho cxpensos of thie ex- change of the products of labor muat bo adopted, so as to securo a fair distribution of the wealth resulting therefront, beforo Wo can _expoot porfect larmony betwoan the differont lutoresta involved. Bus to re- umn : Capltal, unalded by labor, could nover ndd onedol- 1ox o fts Own ggregato, 1t cau_only manipulato tho Inbor of a country and Hta products. Henco, whats ever addition {a malo to the agaregate capital of a country or individuals must bo derived from the pro- ducts of labor, Itis cloar, then, that whoavor by lubor incroesen the amount, or improve tho quality, of any of the essentials to tllo comfort and Lappineus of tho uation, GREATES WEALTI, : Here wo must not full o ko the distinction be- tween ncressing onc’s fndividual wenlth aud that of the natlon. For 1t 1a pluin 1Lt one mon may grow Fioli by dishonestly tranforring the products of the Tabor of others to iiimsolf whils tho laborora grow pro- portionately poaror. K Tho woullh of this nation conelsts in its beautiful citice, towns, and villagos ; He fortile Selda ; ita foroats and rivers ; its bighways ;' its monufactorios and agri- cultural products,—ull of which bavoe been creatod or utlltzed by labor,” To lnbor aloue, therofare, must wa Inok for our ihercuge in permauent woaith, Tho farwer in tho fold, tho mechunic at his bonck, and the student at e’ desk—~theso aro tho xeal creators of wealth, “To an industrial pooplo ke ours, 1t 16 of vital Im- gportanca to kuow, and hnve famethinis to ey, au to oW WEALTIL 16 DISTRIVUTED. Tho dlstribution of wealth aud the compensation of tabor should dopond alike ou fair and open compoli- tion fu tho market, Ay law, or combinution of per- sous, which tonds to forca one part of tlio people to pay moro for the Jabor or products of the lalor of &nother part, than it will_Uring fu the open market, v unfust nud oppresalvo, and tends to unoqual distribu- of wealtis, Of thinclass are the Eight-Hour laws, tho Tarit 1aws, otc. Tho results of these liw are fo ward off comctition, mmd_allow tho persans protocted by them ta lovy u tux on ull not protected, Iu the smount of tho @ifferenco betweon the commercial valuo of ther labor or s proccts, und tho urtiticlul_price which they uro ennblod to plco upon_themn by virtue of thik protece tion, To fllustrato: Tue commerclal valuo of s gard of broudcioth fa $3 in the open aoatket, subjoct to competition, Wa now ennot 'a low catablishiug an import duty of $2.10 pov yard. Tho result will be, that. ovory inunu= Tucturer Will raike tho price of cloth up 0 $4 per yard immediately, Thfu will onablo them 10 avold compe- tition, and s(lll get §2 a yurd for their cloth more tlian ite commerclul valio, Thus it {s platu that this extra $3 muat Lo pufd out of the Inbor of thoso not protoctod by tho law; und tbe money {o thun UNJUSTLY TRANSEERRED from ono class of citizeie to unotlicr, which can_only Do countrued nto s syatoip of luxution of ouo class of eltizens for tho beneflt of unothier, Thut, as it Ia not my intontion to dlacuss tho tarier quustion ut this time, ruve s far ae it affects the dis tribution of weulth, I shall pusa {0 other and moro potent lutluences it buvo o bearia ou the: queition at Iseuo, ‘Unfortunately for tho laborng classos, our art!fiolsl sacloty iug brooglt with [t many uufuet and wequal ‘usages, which ero porpetuated. by law, becauso the clusw Lenefited havo control of (ho Govarnmicnt of {ho eountry, sud 4 form the laws g to boueflt themaslves t tho uxpenses of (ho unprotected mavses, OF all thio agonclen which tend to unjust and uncqusl istribution of wealt fu this conntry, our VIOIOUB BYNTEM OF FINANCE 16 tho most Laneful. Our professed siatesmen bave Dbeon but poor tinkers, and our legislators littla Lotter than s bund of wapriicipled speculutors sad adveu- urers, Out of our money-system have grown tho most tu- pondous wrougs, 'Tho most immatiiro plans for aup- Plyiug th conntry with mousy have been foreed upon o peoplo, egardiess of U fuct thutlioy wero uot in- Qorsed by thie nntion, sud wero a dircot Tobbory of the Tabor of ‘tho country’ for thobenefit of capital, Ona viould thiue to-duy, ou_rending the public journals Ahat tho weramblivg % Bulls” aud “ Beors ¥ fn Wal stroat wero all thero is i1 this nation worthy of pubiic sttoutlon, ‘The breaking of » “blackleg® in Wall streot Is i disnstor, bocatiso ho lioy o million dollura that Lio hos slolen from tho Iabor of tho Mississippt Valley. But 60,000 of tho Loucst yeomury of llio Valloy, worth & foy thousends vach, ‘which they have earncd by honest toll, may be grotnd to powder be- neath tho fron heel of this fnancial despotlim, withe out any notico vhatever, Thio tmonsyed men of 3 fow of our largo cltics MULK TIHIE 0OUNTAY TO-DAY s deapotically a5 though they posscisod monarchical power, 4 But from the ehout that to-dsy rings out From a million volces cloar, Lot our would-bo Kinga aud corruption-rings Fate's volce in tho people's hent ¢ ¥or like chatf from the fisil in the hurrying gale, Or stubble boforo tho firc, Thioy shall pace away In the coming day OF an outraged pooplo’s irc.” TiTk AYSTEM OF BANKING in lts ountey s bevi 80 ualign 83 1o contaminata wvorything 1t iy touehied, Tt Lias Loen, a0l $% bow, no better thun legalized robbers ; besides bolug a doliberato violation of the onstitulion of the Unitad Btates, which says, ©No Stato ghall . . omit bills of eredit,” oto, Yot svery Stato in ihis Union, before 1857, opuhly violated this Trovision by confurrlug_on their citizous suthor- ity {0 dowist tho Blales thowselves bad mot power t0.do, Tt needa no legal eduoation to cusbls suy ane to un- derstaud tht, 1¢ a Stato 8 probibited from emitting billa of credit by tho Conatilittion, the probibition ex- Senda ot ouly {0 tho Blatey but o exory uno of cltizens, Tut, notwithetanding this probibition, the country ks béon fooded frow dme 1o tme widk sliuplsiters, tho outiro wortblessneus of which wan only fully vels Lzed wftor it could do no good, and after they bid cost th country millioua of dollars, Tt would soem that slzty yeardof thiy kind of ox- yorience should v (aughi Congross not to usder- {ako the sawao Lind of foly sud fiustica In tho estab shmont o NATIONAL BANKS, It 1s nu fnjustice that ought not to be permitted to allow one member of & community of tates or perions tomeke ita or his debtsn cicoulsting medlun of trado 08 nioney, aud allow them to losa them to tho gther ombora df o comumuuity, and. allect futerast theroon us 80 much capital; whilh the notos of the cther mombers of fhie codmuuity not 60 favorelt whtel uro getiasally llie beaty iryve itous to tho wuker, Thas wystum practically” sigmouts tho wealth of he vanker by tho umonnt of overy dollar his notes coll for, whilo the wealil of the country fu_not Inureased & ponny. Thu, if su individu {eues 100,000 in notey hilla'Gf crudit), a8 Jong uh thoy sro In' cireulation he raws ulrest ou them wt, way, 10 por cent, and hiy fucome from 'this - mource {4 $10, Now, what right hes ho to thiy aonoy? 110 his douo notbiug 10 increus the nation’s wonlth thierefor, Ou the contrury, he Lua heen in dubk to the country $100,000 all thix timo, Aud the people hava foolishy permittod b to ta% tiulr abor 10 th ‘auiount of $10,000 por uniium, for the privileyo of Lee 1og in dobt to thewn $100,001 Huo tax thus levlud ‘wpon; aud colluctod fram, tho lubor of the United States, siuce 1683, by the I\'quull Bonks aloue, kus oxcocded §30,000,000 por sunum, or, iu ten years, $500,000,000, Thus w ara tolllng, year after year, to enhanco the fortunos of men who add notling to the pation! ————————— Ta 1t any wondor that wealth fs unequally and un- Justly distributod whon wo permit and authorize ena Porson thus to tax the many, for uo conslderation whintever 7 ‘Wa not only practically glva tho banker $100,000, but o sutherio Mn £0 coint tho manoy Mmkelr’s uit 0t~ amplo of gross injustica that no freo government ean afford, Lom iore somindod that tho peoplo must liavo rmonoy, nud that tho amount of gold and seflver In tho countey iu ontiroly insulliotent “for tho dumauds of trado, Thut fa truo} but, if thero was nono ut all, it would afford 10 ozcuss’ for such gross injustice, Wealtls {8 power, and, whon honoatly aconmulatod, it & right that its poescanor shall enjoy tuat power when proporly directed, But uogovernmont basod on equal Tighitn can alford gratuitously to give to any cltizen the privileges and power of weaith that ho lins roudered no tquivalont for. Therefore, no law OAN JUSTLY AUTIORIZR & bank of isuo by ouo mowbor of assvafation of mom- ber of & commuuity, ut I am told thsf tho bills of our Natiounl Dankn aro good mouoy, Ko thoy are ; but why? Ouly bes caiso tho Government hus promfsod Lo redeon them in legal-touder nutivnal mouoy,—a gurronoy which s founded upon tho plightod fa! lll.fl( the mnation (hat it ahall have the power to pay debts, and purchass tho locossarica of life, 8o long 84 it 13 fn olrculatfon, ‘This fact of tho redum‘lllnn of tho National Bank notes in groonbacks i8 lu lself a confessivn that tho former {a uot monoy, nud that the latter is, Mr. Garfield, of Oito, in & spocols rocently delivered in Ntaudolph, in that Btate, says, in speaking of tho National Biuks: “1If word comen to you by {o-mor- Trow's Ilewspapor tb’t the bank of overy bill you hold in your pocket hng faled, uttorly falled, it don't affect tho value of your bill one cent, except to eshanco s valuo, It 8 w ourioun fact thut, for saveral years, tho moment o National Bank falls, its billa 0 to s pro- minm,’ Thei, in God'a namo, let evory ono of them fafl, utierly full" aud remioiu wo. M. Garticld horo lots tho cat out'of tho bag outirsly, Wo buvo ulways lu- sisted thnt tho Nutlonal Dsuks gavo 1o valuo to’their notes_boyond what they derived from tho seourity af- forded by the Goverunieut, ‘Toro s a doliborulo confesslon, by ane of tho atrong- ost friouds of thioas banks, that otz bills ADE UEALLY DEPREOATED 50 long o8 th bank Interyenes Ustwoo tho peoplo and tho Guyermuont, Tu fact, thora could have been no reasonable oxcuso for the establishment of these banks at ali, but to fur- N1kl ah opportunity to givo to o favored fuw KI50,000, 000 drawn from tha labor of the country, and to per- mit them to tox that labor, yoar after yodr, 0,000,000 rannum, _Expericuce proves that §t,000,000,02) in jegal-tonder United Btutos notes could have bean put i circulation, and kept there, with the most beneficlsl Tesults, at tho time thin bunking law wan passed. Dut thls did not sujt the leeches, thut dr awilivlr subalnte ouco from tho body politio, ''There would have been 1o chanes for them' to get their hands In tho Efiuplu'l pookaty thou, Aud, boing in the suoendaut In Cone goues, o casy 10’ ol O s mUbLurCigo on tho ouple, Por¥'ih ten of asuiug 350,000,000 fn Natfonal Bank notes, the United Statea Government hud fgsucd the samo’ amotut of logut-tauders, and with thow ro- Qeouied o like amouut of Govermneat bonds, tho whols sum could liavo boat put {uto ciroulation witl 1ittle or no oxponsa, and the country would ut least liavo saved tho intorest on the bonds, amouuting to tflm,oon.rm por sunum, by the operation, Aund now ft proposed to axpan.d this COMI'OUND OF AUOMINATIONS AND DEMAGOGERY, This system of banks of 1saue, sluce 1830, oaido from bills of broken banks, Les cost tho Iabor of this coun~ {ry toro than $5,000,000,000, or enougls three Himces to puy our national debt, Tt chief amung to ovils of our aystem of financo aro tlio lawa divectly and indiroctly regulating usunY, and specic-redemption of curronoy, Thesa laws are Lased on precedents derived from foudsl thunes, when tho lord of tho wanor was tho only freeman thers Was in tho domain, All tho rest were sorfu or slaves, Tho whole tendeney of thicae laws is to bring about a return tothis condition of practical sluvery of tho masses, aud uggraudizement of & moneyed arlstocracy, Aloncy, like all other things for wihich it fs oxchangeablo, should depend on supply snd demand for its price (In- tercat), And it is the legitimato fuiic tion 'snd duty of & good Government to sed to it that ‘the supply of money s always 1in such a proportion to thu demands of business s to koop its rato of intercat (prive) so low thut labor can employ it profitably, All sitempis to fix an arbitrary ‘prive on mocy are based on prejudice dorived from mousrchy, and are as unwise in this country ss it would be to fix by law the price of a busbel of corn, All such laws are s disgrave to our civilization, und g:g}: 10 bo summarily expunged from our statuto- ok, Tu it {a arguod that tho supply of money canuot bo regulated by Jaw; that the asupply of the preaious metala {a Hraited, snd thoy alono aru mone; 1y whiat authority §s gold nnd silver mudo money ? Glcarly, by houo other than thio lswa of tho pooples UAING TIIEM A8 GUOIL. ‘The same authority could huve made tho dollar to consist of twice as wuck gold or siiver, or eutirely of tin, iron, lead, or papar, ir it hud been the will of the nation s6 to do. No one bas ever given a sonsiblo reason for making the supply of the mouey of & country to depend oi tlo arbitrary condition of tha scarcity or abuudance of ouy metal, “To plead that this would bo reasousblo in au’ sckuowledgment of ignorauce of all tho laws of commerco, Heuce, tho u1gutment thut gold und silver aro tho ouly atandards of valuo i fll-founded sud un- .reusouable, "This proposition carrics with it its own refutation, Tho nmount of gold and silver which fs ro- quired by law to make s doilar is mot of the same commerciul value ono with tho othar, Alawful silver dollar fa not worth us much in the wnarkot aa » lawful gold dollar, Ly arbitrary law it In endowed with the power to pay a8 much debt, but the gold will sell for woro than itv money-valte.~ Hence, i gold §a the staudard, ilver, boing bolow the gold par, iu not tho standard ; and vice verus, “Tho fuct i, that, If thess metala wero not racognized by favr us moncy, thiey wouid bs no mora meuus of cou- puring values than leud, iron, or wheat, ~Thurefore, sl mystoms of finance bised on spacio-redemption, or any othor redomption, nre &8 FRIVOLOUN AND ILLOGIOAL: 26 if based on redomption in erusive soap. In proof of this, it ix ouly necessury for mo to stato thiut tho amount of cach of theso metals which 1a ro- quired to make o doliar i5 1ot the same in all coun- triow, (Lat belug Oxed by arbitrsry luw In each, 1t it wore possible to<luy to domonotize gold and allver, it woul chuugo tholr valuo n_the market only 40 fur a4 it lossenad the demaud for thew a8 bullion, 1f the supply of moucy s to bu fixed by such sn arbitrnry fuct ne tho scarcity or sbuuduuco of what aro called tho precious metals, what would ba thecondi- ton of tho sdvocutes of this logic §f gold abould bo discoverad {n such sbundance an to make it A8 COMMON A8 IRON ? The brilliant iuteliigenco which bus paternized this theory would bo Irratriovably engulfed boneath a problem tn yolitical economiy Wit which it had not hureloforo dured to grapple, Would any one dare o say that the statutory numbor of grainy of goll of s cértaln Huenoas Weco ot il a fegal-tendor for ono dollar, sud still really the coin doliar? Yeb it {3 platn that 'ono coutd then go nto the open market und buy gold bullivn at the ruto of 25 pounds avoirdupofs for u bushel of whoat ora duy'a work, But gold would atill bo as good and conveuient matorial for tho Governmont to atamp ity money-tokeus upon s it ia now, whon it is entirely too scarco for (ho clomonts of trade, ‘Thioro would buno wmare monoy thon than there s now, unless the Governmont authorized mora to b colucd. It is plam, thereforo, thut ihe aupply of Inonuy cauuot, reutoiiably dopond upon tis upply of any metal, but must ba Tegulated by tho will of “the people or Government, not only for its quuntity, but for the material ou which thomoney-token iu stainpod, It ia not necessary, in orderto bo good, that money sliould have ANY OTHER YALUE thun that imparted to it by the plighted faith of tho Governmeut that it shall always Luvo the power to pay ail dobte, public or private, and purchase ihe necossi~ iow of Life, Tuis sloto eon give real stability to tho money of any country, This monoy, "ouco n clrculation, in 3 permunent guaranteo of tho permsuonoy of the Gove ernmout itself, This is true of 1o othor monoy ever invented by mian, But lel the moriey-holders once realize that the valug of every dollar they huvo devends on the tability of thie Govornment, und thers would be no more ardont purbsuns than thoy, ‘But enougl hoy aiready beon sald toshow that mon- oy, 88 such, DERIVES 178 VALUE SOLELY trom tho lawa of al the peaple uning 1t 34 s cireulatiog medium, 1t in also clear that n dolar mny bo coine out of mterial the commorciul valu of which s much greater than tho value of the monoy-tokon of ono dol- tatoped on St. 1t would nat be a legal-tender for more than ono dollar, but it would sell for wmore than a dollar In themarket, bocauso it would b worth more fo ofhor yurposu hin it van foF ol “Tlio materiut on which the money-tokens of a coun- try aro Imprensed bus nothing to do with the valup thereof us money, Therafore, the theory that mouey, in ordor to bo good, muat be fedvemed In samethizig bettor, ia TUE MEKBKST KOS Boney that will purchase all tho neceusbrioa and comforts of 11fo, and puy all dobts, {4 as good 83 money can ho made, Therefors, the whols theory of specle-redomption, it posatble,~whloh it 1w not,—is but a cumbersume loce. of ubslees fusucieriug’ mackitery, oulycalcii- Jited to afford ane wiars opportunity for houke wna mongy-londend forub tha sbur of tho country, through tho difforence in thy valto of unsound currency and moneg, 1t fs, therufore, A FRAUD AND A OHEAT, But the iniquity of specie-rodomption 18 mora than equalod by the Iaws restrioling tho smount of oriey, aud thoreby Feuatiug tho rutou of nturot. Scarce money ia high-priced money, Maney may, Aorefure, b ko scarco that tho high price may put it out of b reacl of & majority of the poople ; or {hu nsa of it may booomo AU extravagailce the poorer clataca caunot afford, Tt unapply thix ressoniug to our own country, Ta it trus that we AVE HOT MOMEE XNOUGI in the country 7 Tu ordor to wnswar this questina intelligontly, it in Decessary for us to roviw our pust Liytory, sud soo tho effocts produced on the businoss and proapority of the cauntry by contrastions and intfations of the cir- culating modinm, T kind enough, thorefure, to go with ma back to 1930, Many of you areoldir'than Tam, You wil ro- mambor that_{i was n torrible {ime then, Iwaus wnall boy, iu Nortlieastern Oblu, ab that time, sud T well roumeimbue tho loug rows of reapurd Lollgn the Durning sun, from *sunuy tosun-down," for 80 ceutu 2 day, tnd véry often that was paid in % rad.'? Thon our tlothing wa shuoat exclusively homespun, as our Tabor wonld ot produce zianey enough tobuy themsu. Wfacturqd “utorvegooils,” Alouoy was Lo scareo and {00 bigh-pyiced for ue o use much of it, Noarly all o trado wes carried on in produce, Our suall clinngo wou coan-skjus and whetstanew, 'Tho peaple Swere ' practically withaut s clreulating medinm, Thore wan thon f_siroulstion auly $7.20 per capita, including what was hourdel, &o, Tu tho outse of six or woven years timos grow lite Tauks of fsuo wern logalized all over the cauntry, sud the peoplo, Laving Leen o loug with i money to spesk of, exgarly toughs atter hels bl un businoss sevived vondorfully, 1o 1650 wo had fo cir. qulation §18.40 per caplis, 4 hands cauld now tlo euslr, THE CHICAGO DAILY TRIBUNE: THURSDAY, 3 e from 75 centn Lo 41 o duyt and tho pricaof pro- lice wan proportlonntely lncraaned 3 s that lubar was Loltar 7l nhid anterpeiso ol stimilated, Tt tho Wuft enlled toney s (1o 1iotes of bank, thio only valno of which was tho baukers* prombio o pay gold and aliver for them, Tho pespla pudanty waked up fo tho full_roulization of tho fucl that (hora im0k enonglymyoste i in country to pmy 1oea i 20 por_cont o tho UK offout, On 1 whot & serambla o lind for the litile gold and niiver tliord was, "THE r'OOR (0T NONI: OF 1T, “The bunkers atolo mont of 1t3 and tho rich men, ‘whio could Lold ft, foroacoing {0 crusl, honvdod §t up ¢ wiilo the wratell that was' wicked erough (o have to enrn i datly broad, was oompieliod to s tho noton, Tho result was, that tho losa was licavieal on {ha poor, This wWas ono inatinco out of many in which “tho law practically tronsferred noarly tho cntira monoy of thn country from tho Inborers to tho pockats of the wonlthy, wilitout any eonaldorution, yolly bocatisoof tho Hiogiéalnelieraoof specie-redemi= on. 11y the mo that 1841 Ind rolled atound, this bnuk- curiency hnd mostly *gono whore the wondbine twinotl,” and wo now find thut wo nd i clraulution only £8"per caplla, In 1816, wo lud bt €600 yor capitn, Yon ull romembor thoso good old Dniacrati timos, when the shadow of o dimo was ks big s tho full moon, Thoso waro tho Hmes tint TRIED MEN'S HOULS, 1 have scen 5 good pork rold for 1§ centa por pound n ovar was nunrkotod fn thia greut’ Hlato, Tho finent corn over rafwod wan nold {n your Suto Capital nt & centn por hushicl, aftor oing Lnuled 20 milos, Goul wrhiont was hauled 45 miles to Quincy, Til, aud sold to W 0ld Ed. Millor for 27 ceuts por busiel, half casla and balf ‘trade, Tt Tot ua nt dwell on this gloomy time, What was called ooy ogaln began o sceumulate, and in 18480 wo bega to feel thl motioy wns casior fo get. Aud now wo flud tho elreulation smounted to $12.30 por capita. Timea conlintiod to improve, untll, in 1853-10-7, wa Degan o ool that. prospority had sgain visited ‘our bordors, And now the circulation fs found to Vo $10 per capita, Ero loug, clonds began to apposr In the fnancial borlzon. - Banks began to Lreak, Anothor rush for tho gold nnd silver, and yon know tha reut, Thosuuno old atory. Tho Iabor of tho coutitry wus Tonpin ov 200,000,000, From $10.70 per cupita, in 1857, the currency wan zaptdly rodiiced, until, i 1801, wo'liod but $13.70 por eapita in clrculation, Tlio evonta of tho crash of 1637 are of too recent n dnfo to Taquire cnunieration, Bt now tho war of {ho great Tebellion eame on and our monoy-tinkars found that tho poople would ot trust (hla patclimark money systom any longor, and * money must bo obtafued from some source, The conscqiioncs was, tlat necessily compelied tho @ovorumont. o do what tatosmunabip—if_thoro bad been any of it fu Congresa—would havo ludicated yoars bofore, viz; issuoreal logal-tendor Government Inonoy to this exfent of supplying tho most urgent do- moud, Now what do wo sse? In 1804 we had $28,50 per capital in clrculation, Whiat grand tinos thieso wero, notwithstanding tho immonso drawbacka of tha vear, Tivory ono wan making money, Wo never had & imo sehent Inbor was 80 well paid, ahd woalth and tho come forls of lifo 0 equally distributed, T liave hourd Iundreds of old men suy thoso wera tho 4 NERT TIMES TREY EVER SAW," Everybody was woll caployod, well pald, woll fed, woll clottied, und well_satisfiod, oxecpt tho mon amblors, Thoir envious oyes, ko Batan in the gar- 8o, could_not brook the wingersuptod yrowpeeity and inppincss. of tho people. Notwithstunding tho Goveraniont monoy was tho best wo over hud, tloy could not pormit it to romain unmolested, Tl Chunces of stealing wero to0. raro s dangerous to wul el famcy, avd, thoralors, o Natioial Batiing Syston, nw it 14 calléd, was invented to afford tho de- sired opportunily. Tore, i 1804, was tho grentest. infiation wo over had uriug our ustlon's lifo, and also the greatest pros- rity. P ordor thot you may mara_aceuratoly reatiza the noar rolatton of our prospurity and ndverslty 4 o na- tion to the contractions und expauslons of tho circulat- ing medium of tho country, 1willhorogive & tablo showing tho CLICULATION PER OATITA 101830, and every yoar from 1830 up to tho presont dato: Per ean. W$13.70 00 Per cap.) Yenr, $10.10 1861 10.60/18L2,. Per cap,| Year, $ 7,20 1848,.. 14,40 18¢ 14.00 1830 12.601851., Laiaoies any mau of average intelligence that, for the K‘ll forty years, the degreo of contraction and ospausion of tho circulating medium has been the truo measure of our prosperity us a nation, Hull. 1t is argued that & crash hos always followed ex~ pansion, T'hat I8 true, but not,becauss of the lxfianlibu, but, in evory instauce, oxcept tho prescnt, it bus boen because the stuff calicd mauey was ot monoy, but LYING PROMISKS TO PAY MONEY ; becanso of this chiof of ol financlul fullaclos, this Doad-Sen apple, callod apecte-redomption, No bauk ia safo that promisca tu pay gold and sityor for an extensive clrculation, becauso it cannot fulfill ita promisos whon i 13 moat requirod, in timo of & fher thia Inst groatest Inflation, we havo hud no fiuuclal disturbanco but what would naturaily ariag from tig bauks sud Lo amousy-gamablers of Wail atreet, Thero was not & worthless bill In tho country on ac- couvt of & broken Luuk, Ou the contrury, 1 huve shown that, a9 soou a8 o bunlk has futled, its Lills duva gon to u prewmtum, _How, thion, aro wo to account for tio proent mouoy-urlsis and siringency? ‘o my mmind, it Js us cleur 08 tho noouduy-sun, Dur- fng tho duya of our unusual prosparity, tho buslnoss of the country, and with {t tho need of ' money, moro than doubled, ' Most of the currency theu in circula- tion wus noedad for buildiug up and sarrying un tuw euterprises, Sovonty por cent of it was diverted tsum tho ordiuary clannols of (rado to thiso now enforpriscss 80 that, for ordinary purposes, we bud uot fn circulation to oxcood $9 per capita, Right $n the faco of theso fucts, the munigors sl Vishiogion oulinied in tho fusano folly of o budiong chaso after that old juck-o*-lantoru ¥ that hod 8o of- ton wlmost rutued tho country : apecle-paymont. To thin oud o system of coutraction was adopted, the aneful effects of which are only begiuning to. bo falt, unless the policy in pcedily Foyorecd, Yet. thiera uro wen, euough, I and out, of the Cabi- ot and Congreas ut Washiuglou, to contluuo this cou tractlon, sithough il history } roves that 178 LEOITINATE ERULDA will bo high-priced monoy, inmeuso profils to eapltal; and poverty sud wrotchediioas for the laboror and poor man. Tt hoa nlready brought such atriugency st to erush maay weaithy frms, und ftwill yot shuke tho very Govornmnt to ita cehtro, if it fs persisted in, This I8 tho rouson, follow-citizens, that, for the last five yoars, you, oud ull who work for 4 liviug, Laye been competled to uso your utmost endeavors {0 gain more subsistence, whilo millionufres, lko mush- Toois, ure wpringing up ovorywhero (it real or fic- titious cupital can Lo Lrought to bear on sour lnbor. During ull thoso years, money und nouproductive Iuvostmouta—that in, casli tuvested in stocks, bunks, lounod moucy, aud’ mondy used for manipulating lubor and its products—have eujoyed an fucome fully aqual 0 10 per cent-per unnuim ; while labor bus been Oilly abla to Add to the uggregate wealth of the natlon about 83 per cent per atnum, 1Uia & yiain proposition tat v, sas nation, aro engoged fi tho busincas of obtainidg tho meshs of aubstitenco, sud of gaining whiavor surplus wo ca, Tl capital Inveated and this surplus are our wealih, Tho wnnual murplus represents our intorest on th cupltal uud tho net rowsrd of labor, ‘SHtatistlen shiow that creatlye labor has been ablo only to produco n net gain, on tho geveral weulll of tho cotintry, of abont per_cont per anuum. But, to bo on,tho safo side, T have placed it ut 3 per cout, “Now, If (L capitalist of tho country draw out of tho frm 10 per cont per aunum on 50 por cent af tho gross capital, 1t sill LEAVE VEUY LITTLE YOI TIE LADORER, To {llustratos Aund 5 invoat $1,000 i menufac- turing. A puts (o $500, sud 13 puts ih $700, ‘Thoir not gnin {u 33¢ Do cont, or'§35, Now, if A draws out 10 Ber cent, or £30, on'his capital, 1t Wil Toavo but $5, or 57 o 1 por cent, for tha cupifal of B, A in this iliuse tration ropresenits tho capltalista: 4nd it I8 plain to 6co that, by liu unfalr rrongoment, althougls lubor has in the agarcgatu the largest capifal, yet tho carn- tnga aro nearly ull acoumuluting o the hunds of (o capitalist, aud the bulanco will soon b fi Lis powar, and will oon ent up not ouly the esrniugs of labor, but thia capital uleo, Muin is prociscly what has ben golug on fn this counfry for muny years, varying dogroes of * oxcess, Copltal hus beon cone uhtly overdrawni ith legitimato share of tho carningy of tho country ; and s it cannot, add $1 Lo its own aggregale, this overdraft must bo putd by Inbor. UK ONLY REMEDY 18 more money money mustbo mado o plenty a8 to seok inveatmonl at 8 per cont por anuum, Thfs will stimulato nterpriscs, stop inonty-gambling, and bring prosperity. sud smiling countousnces, fo the tofllug Tnillions that creato our conntrys wealth, 'Fhia alono will secure un equal diatribution of the wealth wrought out Ly labar. Just w0 soon ms money {8 praportionately mors abundant In the market (han labor, so soon will the bulumc Lo in powss of abar, Dut it {8 uot desirable to bavo labor cansume eapital, Thobuluncu should be uo equul that the holders of capital oud ho creators of wealth whiould enjoy equally thie common not fncome, THow oan money bo mide HSUIVICIENTLY AUUNDANT WITH SAFETY ? ‘The plan which [ shonid suggest {s, trest ropesl all banduig and wiry laws, Call in ull the outstanding bauk-clirrency in circulition, sud never allow another bank of fumte fu the cauntry, Permit o lssue of auy }(é’:ullfendnwfid ‘with the functions of mouvy, but woney Now, lot tho Governmnont_call fu $50,000,000 of ita ontstufifig bonds per nouth, sud pay in flou thore- af legaldcudors s Govermnent monuy, coined, atamped, or printed for the purposvs nol Governnient promines to pay somethiug better at somo future tinie, but cortificates of value, based on tho plighted faith of the untion that they stall al- ways huva the power to puy debly of ail kinds, except debts dno other Governinents froim tho United Htstes, Tuls currenoy whould bo DEOUKED MONKY, oqual with gold snd sltver, "Liso bills might roud &9 follows, UNITED BTATES OF AMERIOA, iNo, v i FIVE DOLLARS. $1878 (Blgued) ;ouevs o0 H Becratary of 16 Treasury, Lot §50,000,000 of this nonoy bo pald out for bondy evary montl, until (¢ is o abundant us to be Lired ut 8 per cent per annum, Let it bo maintained at that by 1ow issues from time to time. If, a¢ auy time, it became apparent that the proaperity of the oouniry _cqnul distribution of wealtli” yould dusticy o higher atr, tho surreney could caslly bo confrnclail Ly allowing’ it to o livested Iy n Iuiled Staten bond drawlore the requirod rato of in- toreat, untl] frudo required tha monny again, "Chin, wilh tho nozawsary davices for guirding agafnat countfoltin, would be, i all things, tho bost money we havo over dind, Incinding gold and'stlvar, "Pitcro wou d bo no bauls to break, mud, if thoro wan, thery beirg neno of thoir bills $h efroulation, tha ranking of » thoit-nnd of thom could ot affeet tia valuie of onr natlonal monoy, and would eroato careely w10 0 tho surfacs of trade, ‘Aunndanico of money wonld atimulnte ontorpriso, smprovoment and produetfon, to ruch nn_ extont tho wur exporta wonld alwiya koop tho bisauce of trado i cur favors und {hun wo should alwsys havo all the gold' and sitvor wo noed, drawn from othor counirion to buy our surplua products, Indeod, if thurn I3 any higli road to n Apecka.olr-ulation, it 18’ to o found through this kind of oxpansion, It iwurgued that this money would bo worthless, “Thla argiinout it wall fouaded, 18 T bava’ howr u MONEY POARSEASES NO VALUE AR MOXEY but what ly {mparted to it by law, or 1 darived from s power {0 pay dobts o puschia tho nocossarios of lite, A recont writer (Tudgo A, Gampbell) in tho North- weatei n lievlerw, e wpeaking of logal-londor money nut rodeomable in gold aud silver, sys: “ Rosting, sa it wauld, on pubiie faith, whioh §s tio” foundation upon which o syatem of Government fa based, aud balng endowed with all tho legal sitributes of ' monoy, it tvould hnve a uniform credit and pormanent valuo, and bo tittod for the porformanco of all tho functions of o modium of exchange cqually an well 18 coln,—bottor, bocausa snare convonfint aud economical, Here, Mr. President and gontlomen, {8 tho koy to tho ‘That fhe wealth of tho cointry s uncqually and unj Juntly distributed, nono ean dony ; and it fa mafuly by menns of n ncatcily of mouos. Thn}mnult of spacie-rodemption,—that moat Inafd- fons of facs, that most. decoptivo of all illuslons,—Lus cost this country mors than all jts ware, ‘Tho futuro of the United States hias in stora for tho Inborlig cinencs one of two things, viz,: porpotual sorfdoni on tho ono haud, nnd & noble sud progressive tnnuhiood on the othor. ‘Tho latter can only bo at- tuined by rising in thelr might, nnd “THOROUGLY GLEARING our Genoral Assembly aud Cougress of the class of huickstor cconamista fhat have kifested iem for tho lnst half-century, Tho Capital at Washington, Iiko tho Tomple of old, haw_bocomo n don of wonoy-chnging thioves, who apond_their thme in_ dovising plaus by which, inder cover of law, thioy mny rob the Inbor of the country of its carntugs, Bya firm snd steady pull altogether, we may be ablo to purify our Gavernment of the ac- cumulated projudico and’corruption of nosrly a con-~ tury, but {n no othior way. We must bring our ntel- Higotico to boar upou Oougross througl e allot, Tu thila way alano can wo give fres avapa to tho principles of equality on which our Govorumont s founded. Aud lot us ovor romomber that ‘Tho Lionest mau, tho' o'er 830 poor, 1s King o' man, for s' thaty Tho Assoclation then adjournod. {NoTk.—Thwo papers which wero read ot yeslorday'a sossion aro lnid over for future publication, viz: ono on * Btato Raliway Loglslation,” by W, 0, ¥lagg, tho Prosident of the Assoctntion, and {ho other on “ Bunk- ing sud Ourrency ju Thelr Relation to tho Industrial Clusses,” by Horaco F, Day, of Now York—ED. TRIDURE.] The Iown Stato Granges Special Dispatch in_The Chicago Tribune. Dis Mo1Nks, In,, De, 17.—Tha Exooutivo Commit- tea ot the Grungo In atill in sossion. Tho Commitieo lian comploted arrangementa for the manufacture of tho Werner harvestor in this city, Duriug the moot- Ing of tho Grango hera it was genorally ugreod by the Anll-.\!nno}mllnbt present to bold an carly State Cons vention, Tho 22d of Fobeuary will probably be select- ad by the Stato Comunitico, Tersons about tho Capital favor tho proposition, Lasnllo County Agriculturnl Soclety. Special Dispateh to The Chiea o Tribune, OTTAWA, 1ll., Dec, 17,—~At tho regular annual meot- ing of tho LaSallo County Agricultural Boclety, held ut tho Court-House this afternoon, the following offi. corn wara elocted for tho ensulug esr: W, J, Neoloy, Prostdont Itnsom Lalmor, Firet Vieo-Proaidents J. €, Briuer, Sccond Vice-Prestdont ; C, H, Green, Third Vice-President ; John M, Macinlay, Treasurcr; I, L, Mead, teesi diug Bocrotary; Dr. . O, Hurris, 'Corre. sponding Secretury ; and an Eteoutive Committeo of nine mewberd, —_—— PETTY CRIMES. Edward Falrborn was arrostod by Officer Keon for shooting twica at Abraham Davis, and yes- torday Justico Boyden held him in bad of $500. It wau atated tho othor day that Julius Wing- lifeki was botore Justice Eborhardt chargad with shooting at John Bhean, It apponrs thot the formor was not the sssalant, but tho assailed. Trederick Stoplens plead guilty to stealing a pieco of brown cassinet, and was held in bail of $800 to appear st the Criminal Court, Bince he would not_say whero ho got the cloth, it awalts identitication at the North Side Police Btation. Goorgoe Davis, who was caught trying to broale into tho store No. 88 South Water steeef, wua examied by Justico Boyden, who fined him $25 for disorderly conduct. William Lang was before Juatice Eborhardt yostordey for destroying Willinm Plank’s uose. He wus fined #6. Whe row occurred Tuesdsy evoniug at No. 465 Oaual streot, Dotective Bridgo, day bofore yestorday, arreat- od two brothers named O'Neil, at No, 117 Biue Island avenue, on tho chargo of stealing iron from the oars of thojMilwaulkeo & 8t. Poul Rail- rond. Thoy wora locked up at tho Union Streot Station, and will have an oxumination bofore Justice Seully this morning. Peter O'Dell and J. D. Loo wero arrestod Tuea- day, by Oflicer Dittingor, on the churgo of va- grancy. Thoy wero found at the corner of Madi- son und Clark stroets, If poiico ofticors would idle less, sad work more, Lhey Wwould fill the Armory every day with vagrants taken from that lacality, The police ofZtho Union Btraeu Station yostar- day asrosted Honry Johnson, T, Odull, H. An- drows, Barnoy Conley, Joln Maddon, Edward Iianley, C. Gordon, und Miko Browd on the chuygze of vagraney, They will bo examined bu- fora Justico Soully this morning. A man uamed Robert Simmes was arrestod yos- tordny by Datective Iorace Elliott, on tho chnrgo of cheating o man out of & large sum of monoy in & gambling house in Louisville. Ilo was locked up at the Cential Station, and will be taken to Louisville to-day. Yostorday afteraon Mr. G. 8. King, a_son of Mr, W. W. King, who lives at No, 823 Wabash avenue, was looked up at tho Armory because he was drunk. Soon after ho took a large amount of oxulic noid, whick Lo had concealed ina papor of tobacco, Tho poisou soon made Lim unconscious, and would have killed him if he bad uot been noticed by the lock-up koeper. Dr. Taylor was called, snd, by Mhe uso of a stomach-pump, King waa saved. 1t ia not known what cousied him to take the poison. Totor A.Bchumacher was bofore Commissionor Toyne Tuesduy, on complaint of W, 'I'. Bhufeldt, ou the chargo of violating & postal law, by writing messages of an an abusive and obscene character on imntnl cards, and souding thom through the Post-Oftico, ‘Ihe examiuation of the cnso was deforved until to-day, Schutonchor giving bonds for his appearance. Tho latter claims_that Shufoldt owos him somo mouoy, which he has been unable to collect. Yestorday afternoon a follow croated quite a commotion at tho Lydia Thompson matinee, in the Academy of Music, by responding tothe remarks mudo by the actors, o was drunk and disordorly, Ofiicor Kounody was called to tako lim out, bnt (he) man resisted, and a soufifo followed, Anotlior officer came i, and was aboul to soizejsthe man, when sn_old woman caught Lim by the collar and pushed him asido. Ofljver Xounody in the 1acautime had over- powered (he fellow who lind 1sised the die- urbanco, and ke and the woman wero taken to the Union Btreot Btution, Bunko operators in Chicago have beon very succensful in the luat fow days, two largo ganos having been roported to tho polico, Tuckday & man, whose nume 1 unknown, {rom the interior of the State, lost £2,00 to fIarry Lawrrnce and "l'om McDauiels, at No. 171 Madison stroct. Tho man was 'mrbuaded to leava tho city, without ro- Imrzing his loss to the polico, the winnora giving hitn back 600, Another man, also from thecen- tral portion of this Btate, lost ¥1,500 at No. 100 Randolph strect, Mouday. ‘I'he police heard of tho mattor, and tried to got hold of the man so 04 to Liave him s u wituess, but he went homo bofore they got him, No arrests bave boon mado, On the Monday morning train from Elgin camo Wiltiam G, Murphy, an otd man and rosi- dout of that place aud o brother of Judgo Mur- phy. On the samo train was a professionnl bunko ropor named Loo, ‘Chis Loo 1s one of the gony ot Now York thioves that camo to this city abouf to weoky ago, notice of whioh was given our polico fore by J. Irving, the noted Now York detactive. ‘This Tieo heard Murpby addroused bysome one on the train und thus loarned his numne, No sooner did they got off the cars than Murphy wad approached by Lee, who claimod to bo a Ar, Davison, of Elgin, and sou of a woll- known_ baniter Ilvluu there, Of course, Mur- l;hy did not know Lim, but ho soon clioved thut thoy woro old friends. Loo #trented” Murphy, snd at lust suid he owned & lottery ticket that ho wanted, bocnuso it had drewn & prize, e lod lnm up to Harry Law- ronce's now bunko rooms, aud thers tho old man lost all the monoy ho had, viz, : 167, Although the foreguing fucts wore known Monday ovening, it was thought bast to withihold theu! in ordor that Loe might be arrestod, This eaunot uow bo done, for yostorday morning Lo was weon by Detootive Cornwall in Elkhart. J John Cglling, * the oustodiss,” Is sgain undar arrost, It will bo romombored that two montha ngo ho wont into a bookatora on Htoto stroot and mtolo = book, which ho sold in anothor stora Romo three doors away, and then, stealing n book from tho lnttor storo, ho would sell it to the propriotor of tho ono firat vislted, Such an arrangemont of coursa could not last long, aud Juln was ar- rosiod whou ho was on the high road to wonlth and the Presidency of a bank. e was sent to tho Bridewell, bui was pardoned out by Mayor Bond whon tho truo facts woro mado luown roe gneding him, Ho is n man about 60 yems of nage, woll educated, and in goud ciroumstancos, Il life-long bLusincss hns heon hook-keeping, boing ono‘of tho mokt oxjio- rlonced In the country, 1o was omployed for o umbor of yoars by A, T, Stowart & Co., in New Yorls, About twolve yonrs ngo ho enma to Chi- cago, nnd_wonb_into ‘tha_employmont of url- Lmt, Edsall & Co., where ho remained five yonrs, From both the firms montioned, and from many othorn in this city and Now York, ho has tho most flattoring testimonials aa rogards his ability and probity. ~About two yonre ugo ho was takoa ill, and hns nover fully recovered his facultios sinco. Hola o kloptomanine, Yeutorday Bor- goant Ellls arrostod hin for pursuin, tho samo busiuess that ho was engago in whon last arrestod. e stolo the Clt¥ Dirootory from tho real-cstato offico of J. M. Marsholl, and <old it to the Socurity Lifo Insuranca oifico, and thon atolo it and sold it back sgain to Marshnll, Dut tho solicitor of tho Insurance Company #aw Colling and bad bim ar- vestod, sud on him wore found two now seal- skin caps, four bottles of dpurlumnry, combs, scisaors, oto., and o knifo and fork that'ho_ toolt fiom Burke's restaurant, IIe will bo tried this ‘morniug boforo Juscice Boydon, and his_friouda should appenr nnd state tho facts regarding bhis condition, It is one of tho most cwsioun sud sad cagos goon for a loug time. (ST SRS, PIGEON-SHOOTING, The socond day's shiooting of tho Chicago tournamont camo off at Dextor Park yestorday. Considorable disappointment was caused by the arrival of & telogram from O, D. Peacock, tho jowoler, whom Wachter had entrustod with tho making of his modal, stating that tha trophy conld not possibly bo roady for tho day's shoot- ing. Swoops woro consoquontly in voguo, and ono was gobion up & very fow miuutes after the arrival of the disheartening totogram. Tho first pool conslstod of nino entrios of @6 ench, tho following beiug the score: W, N. Johnson Ab Price. D, 1. Elta Alex, Prico J. Walke J, Davdson H. A, Hopking J. Grooker. . 0. Bhiorman,.. In the shoot-off for first prizo botweon George Shormaon sud J. Orooker Lhe latter won, killiug his five birds in splendid style, and winning first money, §20. The ownorship of second and third moneys was arrangod among the shootera, The socond sweop cmbraced oiglteen entrics, with threo prizes, of ¥45, 228, and $17 respoctively. Euo following i the score : E, Thomns, . D, T. Liston... W. T, Johneon,... Wi Toylorusessaeen @, O, Bherman,, Ab, Price.. J. 3, Rleinman,, Alox, Price, . N. C, Hinsdale, W. H, Daldwin, W, 11, [aworth T. Btagg, .. o H. Orawford, W, Ker.. . 11, @, Egglosion D Grady. B, Nez, 0, Taylor.... ‘Tho first prize in this match was divided be- twoon J. J. Kleniman aud IL. G. Eggleston, who missed hig Arth bird in order to come in fur the socond prize. For the Iatter wero entored Els- ton, Prico, Baldwin, Stagg, Eyglescon, Grady, and Prico, Prico and Lggloston killing fivo birds onol, divided tho monoy. Thind monoy wag won by W, 'I', Johnaon, who killed four birds out of fivo in tho shoot-off, A tlird swoopstakes was begun, but the coming on of darkness hinded it completion, e —Gen. A. J. Edgerton, tho Stato Railrond Commissioner, hes beon notifled by the Milwau- kee & 8t, Poul Railroad Company that they have withdrawn thelr opposition Lo tho payment of 2 por cont tax on k@ river diviston from Bt, Paul to Winona. This delinquent or unsettled tax oxtondn ovar a period of two years, and amounts fF tho aggregato to tho sum of $4,%00.—St Paul ress, [RRSE RSN rooHm Hormo [ rmo- Hooso o [N —OCHCOO NN NOOORE M R OO MO MMM DM MONOM MM OO OO R S S CMMO MO AMUSEMENTS, COENTRAL HALL. TH1S BVENING, DEC. 18, Scenes from the Lifs of the Newshoys, TRUE TO THE REALITY, SCENERY BY WM. EDMONDS, GRAPHIC AND ‘HR .LING TABLEAUX FauM RIP VAN WINKLE, WITH LAST SCENE ENTIRG. Tho flnest Quartetto in tho city will nssist in Bonga, Duots, and Quartettos, Admission, 50 conts; Resorved Soats, 75 conts. At Shinrp'a Liug Storo. HOOLEY'S THEATRE. LAST NIGHT BUT TWO OF THE KBLLOGG TROUPHE. 0. D. HESS and MAURICE GRAU..v........Directors, This (THURSDAY) Kvoning, Deo. 18, THE MARRIAGE OF FIGARO. Tl v Eons B i . h s, JEN VYV, DAyt v, N, L / MR ZELDA SEGUIN, W, CART )N, BD, BEGUIN, HENRY PEAKES, W.'HL. TILLA, &0, FRIDAY, Deo. 19~Bonetit of Mlss KELLOGG, Lucin di Lummermoor. Miss CLARA LOUISE KELLOGG 0s....LUCIA Mr, HABELMANN, W. OARLTON, G. HALL, &c, SATURDAY, at3o'clook, Farowolt Matinoo, Fuust. JENNY VANZANDT, Mrs, SEGUIN, Mosrs, il A VI e T A BATURDAY RVIENING, Girund Farewell Kellogg Niglit, A Great Ropredentation. 'T'ho who.o Kollogg Ubmpany, 1o an Admirablo Eateraiuniout. FRANK A. HOWBON.o0verrerenenen Condustor, Admisslon, $1and . Beoured Soats, $1.50 and 82 MoVIOKER'S THEATRE, THE UNIVERSAL FAVORITE, T,OTTA, IN HRR NEW AND SPARKLING COMEDY, ZHIE, ‘With Songs, Daoces, and Gonoral Mirth, and Saturdsy Maiiuod, Boourw your ses ACADEMY OF MUSIC. Farewell to Lydia Thompson, TO-NIGAT, LAST TIME OF MEPILISTCO. To morsow (FRIDAY) Night, Lonofl of Lydta Thomp. Evory night son—LULI Hor' lust appoaiance but two over Chifoago. G~ Soeuro your r MR, SOTHERN, GL.OBE THEATRE. TO.NIQUT sud SATURDAY MATINEE, the Dashing uung Actor, R, JARIDS TURCK 35 LIGHTATNG B, Monday noxt~SAN FRANCISCO MINRELS, MYERS OPERA HOUSE, Donros-st,, botwuuti Lioarboru aud S(ato, Aviington, Cotion & Kemlle's Mustels Cowplots and ontics chango of programmo. Lirst time af the Extravagant Unrlesguo and peratie Skoteh, vne titlod 'THLE DOUM OF THE FUMFOOZLIUM, Mackin und Wllson, Bolby Noweomb, Billy Rico, Krnost Linden, Uoorge Davouport, Arlington, Coiton, and Kowbjo, tn now \glull]llfll. 'Y'ho wholo to concludo with tua Cowmie Botab, entitled 2 MORE SBUITORS TIIAN ONE, Evory Evonlux aud Saturday Maiinco. METHODIST OHURCH, Cornor Washiugion and Clark-sty, PROF'. SWVWING Wi deltvor a Lootura on PHILOSORILY, on FRIDAY BITTERS. PRERFECTTIONT BOEKER'S BITTERS. Bowaxe of Counterfoits APPLETON'S CYCLOPZE DA, APPLETONS’ AMERICAN CYCLOPZEDIA NEW REVISED EDITION, Entiroly rawritton by tho ablost writors on evory snbjost. Printad from now typo, and iliustrated with Sov. aral Thoussnd fingravings and Maps, Thio work orlginally publishod under the title of Tne NEW AMEIMOAN OYOLOPADIA wan complolad fn 18K, since whioh thno tho wido circulation whioh it hus at- taluod in all pacta of tho Unlted Bistes, and tho signal dovolopmonts whicl have taken placo fn ovory brancli nf sclonco, literaturo, aud art, have inducod tho sditors and ‘Dublishiors to submit it to an oxact and thoraugh toslston, and to ssua o now oditlon, outitled TuE AMKRICAN CYCLOPEDIA. Within the Iast ton yoars the progross of discovery in ovory departmont of knowloigo lias made & now work of roforanoo an fmporative want. Tho movamont of political affalrs has kopt pace with tho lrcovorfos of scionco, and thole frulttul application to tho industsfal and usoful arts snd tho convonionas and rofinement. uf soolal lifo. Groat wara and gonsequont rovojulions havo acenrrad, tnvolving national changos of ‘paoultar moment, Tha civil war of aur own country, which was at itn helght whon tho lnst volumo of tho ofd work ap- poarad, lins happily boon andod, and & now courao of com ‘morefol and industrial activity lias boon commenced, Largo ncoasslons to uur kaogeaphical knowlodge Beon mado by tho Indofatixabls oxplorars of Afeiea, The groat political ravolutions of thy last docade, with the natural rosult of tho Iapso of timo, havo brought Inte publio vlow a multitads of now mon, whoso namas are in evory ono’s mout, and of whouo livos ovory ono Is carious to know tho pacticuiars. Great battlos havo boon fought. and tmpurtant efogos malntained, of which tho dotails ara as yot prasarvod only in tho nowspapors o in tho tran. slont publications of tho day, but which ought now to tako thole placo i pormanont and authontio histary, Tn proparing the prosent edition for tho pross, it has ac- 1y boon tho alm of tho oditars ta bring down tho Informutian to tho latest possibla dates, and to furnish an accuraty account of the most recent discavarios In sclonce, of overy feesh productlon n litoraturo, and of thio nowost favantions in tho peactical arts, na woll an to &ivo s succinst and orlginal rocord of the progross of po- litlea! and historlual avonts. Tho work has baon bogun aftor long and careful prolint. inacy labor, and with the most amplo rosourocs for carry= ing It on to succosaful tormination Nono of tho orlginal starootypo platas havo boon used. but ovory pago has baon priated on naw typo, forming In faot & now Oyclopmdin, with the samo plan sod compass as itu prodecossor, but with & far grostor pocuniary ox- pandituro, and with such improvemonts in it compost- tlon as havo boon sugested by longor exporionco aud anlarged knowlodg Tho illustrationy, which aro Introduced for thio firat timo 4n tho prosent edition, have boon added nat for tho sako of pletarial offcat, bul to gisa greator Mnoldity and furco to tho explanations fn tho taxt. They ombraco all branchas of tolenco and of natural history, and doplot tho most famdus and remarkabla foatures of scosery, archi- too'ure, and art, ay wall na tho varlous procosscs of mo- ehanios and manufaoturos. Although intonded for fn- ateuction rathor than omboilishmant, no paios liavo boen spred to insuro thole artistio oxcollanca; tha cost of thelr exocutlon is onormous, and it s hieliovod thoy swill find wolcomo rocoption as an admirablo featuro of tho Cyelo- preila, and worthy of its high oharactor, “This work f8 suld to subsoribors ouly, prablo on deliv. ory of caol volumo, It will be complotod in slxtacn larga ootavo volumos, oach eontaining about 800 pages, fully IMlustrated with savoral thousand Wood Eogravings, and with numorous ealored Lithograpliio Maps. Prico nud Style of Binding. Tn Tistra Cloth, Dor vol. . In Libeary Louthar, Dok vol.,ov.s In Half Turkoy Morooco, nor vol. I Half Russha, oxtra ity por s Iu Ifuly Murnceo, antiqus, Gl cd In Eull Russla, for vul,, “Theoo volumos now ready. Sucesodiog volumos, untll complation, will bo ssuod onca In two months, +,* Specimon pogas of tha AMEDICAN OYCLOPZDIA, shawing typo, Ulustrations, &o., will ba sont gratis, on application. FInsT-CLASS OANVASSING AGENTS WANTED, Address tho Publishors, D. APPLETON & CO., 5490 & 661 Broadway, N. ¥, NEW PUBLICA TIONS. 137 4. Thoe handsomest and one of the best and most entertuining of the Menthlles. LIPPINGOTT'S MAGAZINE, AN ILLUSIRATED MONTHLY OF POPULAR LITERATUFE AND SOIENCE. JUST ISSUED, THE JANUARY NUMBER, WITH NUMEROUS BEAUTIFUL INLUSTRATIONS Commoncing & Now Volumo. CONTENTS: 1. THIE NEW HYPERION. Feom Parls to Marly by W.yof tho Rino. VI, Tuo Seductions of Lindon- Badon. tratd. 155 KDWARD STRAIAN, 9. THKE TRIANON PALACES, 'Tho summor rosldency uf thy Kings of Fianco, ustratod. By AMAute HOWLAXD. 8 Tilii NiCKLACE OF PEARLS. By R, H, 87op- DAILD, REVENGE, Astor. Bytho author of indplts"™ and ** Quizstars.'" NLSEE FOX-MYLHS. By WrLLian £, Gurs- 6. OlESTER NARDING, THE SULE-MADE ART- Tty OsMOND TIFFANY. 7 TIIE WITITE DOE: A Legond of Bpanith Tlorida, : A Lo A. D, I50-T6T8 By WILL WALLACE HABNEY, 6. A BRINCISS OF TUULE, ™ Concluilon, By Wi AN, HLACK. 9. MON; ARLO AND ITS FREQUENTERS. By i DavE 10. MY GHILISTMAS DALL. A story. Ty Loor I, nA ‘;,' ATUT OF SHAKSPRARE, By Wiiiust R. 12, TR FIUENCIL MARRIAGES. Dy Many E. BLan, 13. OULT ATONTILY GOSSIP. 1) LITERATURE OF TIL DAY, LIPPINCOTT'S MAGAZINE Is for Salo by all Periodical Dealers, TERMS. ~Yoarly subscription, $4.00, Singlo numbar, 84 wats. iboral Olubliag ratoe, ° Spechuen, Number, with Preipitn List, wailod'on receipt of 20 conts. J. B, LIPPINCOTT & C0, Publisiers, T15 & 717 Market-6t., Philadelphin, ‘WATCHES, &oa. Monay. DIAMONDS, WATCHES, JEWEL- RY, &c., for Docembor 1on1?; that We have made prices on cannot bo found elsewhore cago. B, J. JIORSE & (0, Lake and Clark-sts. PROPOSALS. T0 CONTRACTORS. KNOX COUNTY JAIL, Sonled Proposals will ba recoisod at tho County Olorld Otlice, In 1ho city of Galeshurg, Mitiofs, until Woduw dag, Jan, 1, 1874, at 9 o'clock u ., for’ bullding a Juf for 'Knox Conuty, according 10 plutia and speciticatious now on ilo In tueCounty Clork's Oltico, Pranounls to by oponod Ly liu Hoard of Suporisors of Knox County un Buid 141k duy of sTanewry: and sald Hoard resorvos’ tho Tght 1o rojuot ull bids, if nov fuind satisfaotory, Tho Biard Wil royuira boult with auitilont vaciety tor tho Jgrlormauoo of santrast, Work to bo camplutal by Out. Wi, Tayinionts will b made on o contract forall amploted work, und all materisls dalivorod ou the ground, seml- Monthly, on”the Suporfutundonts owimatos, deduotiog iteen for cont, 10 bo ratniuod Bnti) tho' twal o uplotion and sottlomont of contract. JOHN 8. WINTiER, Couuty Clirk. n Chi- HAILROAD TIME TABLE. TRIVAT, R0 DEPARIORE OF TRATIS NICHIGAN CENTRAL & GREAT WESTERY RAILROADY gty Sont of Ltk sty und ok af Ticent eketagtne, 61 Clark afd, at enrncr a” Randolph, and T8 Cunatuity, corner ip° Middtson, TLeure, irrive, il tyla matn and nie lfno), ‘Atlantic kavros Nt Exyres GUARD NAIDA ANIY FRNTWATL R, Morning Tixinons. Nigt Bapro,. i) 1 Bilh D001, 1| 30 0, 10, A WORTH, Genoral Passongur Aot CHICA & ALTON HAILRYAD, Chicana, Kansas ity and. Denver Short Line, ol Eoutsls wnt, hicaga, Springfield, Alonand St Lowiy Thringh Dhepot, Weal Sldey near Hudison: _iriger 1 Dhepot, and 13 Sandolphett —— Teiier, Kamas Ojty Iz, ein Jnokeonvitlo, 11, and Louisiang, Mo, * 0:008. 1n, o i ad Eats e Sk e sonvilla, {1l ity 3 5 v m. fihag? e, o1 S1atn Tl 8k e e g b B, Loufs lix, via Jaokeouvilie, 11p. m| Bpeingtiold IExpross,... 3 a2 e Rhringnold Fast o 5 b 10 Teltorson Gty I¢xpross. ... Ieaxuk ¢ Burin I Chlong-t Padugah Raliron Wannna Faoon, Washingtan F. 1t 4:00 p. m. Jollot & Dwighi Accommorlation, |* 4:30 p. m. * H 10 1. an. 1on. 0. CHIMARD, MILWAUKEE & Sf. PAIL RAILWAY, Union Depal, eorner Mudison anit Canalests, lieket Offes 8 South Clarkat., oppirite Sherman luise, and at Depats Teave, | Arrica, Milwaukos, Pralelo du Chien, &, JaCron-0 Day 15xpross.. 8. m. 004, m, Milwaukeo Muil and JSxpross 6:00 p, 1. {* 763 me e B, Paul & Bl et fxpros 10:00n.m, [* 4415 p. m, CHICAND, BURLINGTON & GUINDY RAILRDAS. Depote—rFuot of Lukeaty, Indland-ac., and Siztemtho, and Cuanal and Sixteenihosts, 1Vckes ofices, No, 09 Clarfe #tuy Grand Lucific Hotel, and ab dejots, Leaze 1avges 70 n, m, Biroalor Fasiongor. o, .| Sionx City [66p.ev.[* 000 0, s Lina, for Omabia; .. |"10:00 . m! vy Loivonwarth, cnlson 8¢, Jusoph Lixp "10:00 8. m. Aurora Parsohiar. » Bila . . BlondotaUttawa & 20 . . Aurorn, Bassoner. ... . Aurora Passenyor (Saiiay). Dubnano & Bioux ity £ Enolti Night xp, for Omabia Kausan Ciiyy 1yavonwarth, A ahivon & 81, Josoph itxp. DuwnorsUrord Aocommort Downer'aGrove Acoommodation!? 0415 . . "Toxus Expross,.. : oree| 10300 . i, *1tx, Suudays, tlEx. Saturday, 3fx. Monduy. Mail and Expross, ... Otinwa aud 0 p. m, 00 o me 30 Py m, 00 po 2 030G . . 110200 p, m., 110:00 p. m, 153, 10, neome ILLINOIS CENTRAL HAILROAD, Depot foot af Lakat. and oot of Tieent » epol fo '% aheat. ot of Tueen) yaecond.st, Tietw §t. Lonls Bt Louls I Cafro Mail, Cairo iGaproy Epringiold Kx i Dubuguo & Siox O Dubuano & Slux CLy Ex! () (ihiman Passongar, 1sdo Darkami Onk Woul Hydo Park and Onk Woo: Hydo Park and Onk Wao Hydo Park and Oak Waol Hsdo Park und Oak Waod flydo Pack aud Oak Wood Hydo Packand Oak Woud Iy Pack atid Oak Wou Hdo Pack ud Qi Wond (@) Runs to Ubampaign on Saturdags, CHICAGO & NORTHWESTERY RAILINMD, Clty affces, corner Randolph and LuSalla-sts,, and 15 Cinale #iuy corner sluli a Pacific Fast Lino, a Dubuqug e Oniatia NIght EXOF0S4. e a Irreepurt & Dubuaue apros. @ Figoport & Dilingue xbros: & Milwaukou dal, i Miiwauceo Bxpros: 5 Milwaukeo Passcugt & Dllwaaksa Paenoitg & Greon Bay Eapiross. 5 Bt Paul Kspros & Mirquetio Fxpros, Iadison & Winona Py a—Dcpat cartior of E=Depot corngr of Canal and Kinzlo-sta, W.HBTENNETT, Gon. Pass, Agont. COLORADD. KANSAS & NEW MEXISD. Speotal Tosketurd Fretght Ofice, 71 Clarbity o nl Taducomonis, Groxt Now Itouta. ., T, &8t ol R Wi E. WEBD, Goil Ag't. CHICAGO, ROCK ISLAND & PACIFIZ RAILROAD. Levot, corner of' VanBuren and Soerman-sts, Ticket o fice, Grand Puciie Hotels = e, e @, m.| Omalin, Leavonw'th& Atohlion Bx| Poru Accummodatiol Night lapios. LAKE SHORE & MICHIGAN SOUTHERN RAILROAY. Depot, Van Buren-st., foot ar LaSalle-st, Deket oRess, norducest eorner Clark aid Randolphate,, and southiest corner Canal and Yad{eoi-sts. BMail, Spoci; Athan o tixpross, Nught Bixpros South Ghlougo Aciummblintrion, s | g CHICAGD. INDIANAPOLIS % CINSINNATI THROUGH LINE. VIA KANKAKEE ROUTE. From the Great Coniral Hailroud Depol, fuok of Takest. Ticket ufiice, 120 Randoiphest., near corner Clark; i Lt Salleat,, corner Washington, and at Hlinots’ Contral Depot, arri Day Express.. Nbih lixpross. FINANCIAL. ROBINSON, CHASE & €0, BANKIERS, No. 18 Broad-st., N. Y,, Transact a gonoral banking bustness In oll its dotails, allowinig intorest upon doposits to BANKS, SAVINGS INSTITUTIONS, PRIVATE BANKERS, AND INDIVIDUALS. Partienlar attoution pald to tho lvestment of ESTATE AND TRUST FUNDS, And information rogarding tho same furnishod upon opiigation. oy and soll unon oumvision Gold, United Siater Iachang aud all securitios doult {n at tne'Now York Stock 0, Firut-clars Muntelpal and Railroad Bonds nogotiated. FUAESE N. RONINSON, THONAR B, ATILNS, GEONUE f, CilAs! WinLian . Mois, 'MEDIOAL CARDS. Dr. A. G. Olin, 68 Randolphist., cornor Siato. Thisty Yoar's Exporionce Anigng 1ho AR(ioted with Drivato Disousos, u ail Uitz Viirlad aud complioutod torms, - Age and vivarioncy lies onabled hin to pocfect remedioy that nover fall, Ho iy The uldost and lengost. logated Spacialist in tiis oits, ani Guagantoes Uuros or No Paz,” 1 lato worl, 'l Tors of Youth," Advico tu Yuiing 8en or Old, thisty Taoturas dolivered bofore tha Obleago Modical fustliutor Prioo b0 Conts. Ciroulur oipecially ta Ladios, to stuups, Invallds providod with peivato_upariments, board, sud attendance, Offico houra from 98, w, t § P M. Cous sultation Freo, % DR.C.BIGELOW CONFIDENTIAL PHYSICIAN, 317 aud 479 S outh Clark o boror Van lsuran, Gnicngo, mh I wall ks by nh'm\;nltlln'n of Ao pryors thet Dr. O tho dislost. eatabliuhod. phyaleihn in Ubloayo, B st TN, ¥ A O 13 LT1E I por S yomselios ihat wil) auro vositively il caves o GRS AND MEEOTAL DISEASES i both sxss. , 2 INCE INEID 1N Grova atlJottor, witn siups, to De. O, BIGEL and 29 Sontn Clark-st, DR. KEAN, NO QURE! NO PAYI! 360 South Olark-st., Ohicazo, May be comidentislly gonaulted, porsvually or by mafl, fioe ot etsgy, 4u all chroalo or norvous dis: DK, Jo KEAN ls the only phyetulan in tio cil rants curus or no pay. Groou Bouk, Hlustrate Fhowir U conts. FOR SALE. TO JTOURNAILISTS, FOR SALIE=A Hall Inturoct, or the Eutire Katallish moat, Guad-Will, ote., ot ano of tho oldust s © ocssfal Dafly aud ' Wouklly Journals In tho South, L ncatud in s city af 8,0c0 inbabitanty, and dolvg & businoss.of £83,000 por annuin. A rarg chianco for s profitublo luyost ot R e AFTOR, SR Ul W Sowell ¢ o Mot Yo FRACTIONAL CURRENOY. $5 Packages FRACTIONAL CURLE JGY KOR BALR AT TRIBUNE OFTICE. TOIR. SIS, 118 W, M DisON-aTy CHIUAGY, (3 roguine sraduate fu modicine, trouts ull Cironie i ‘nusod, of buith o, Uuruy guarunteod. All Fowaslo Dilonltod trostod witk sugcom, Medluluo i s A Vook 01 spectal discaso, —lro0 for two stalu Dy O A7 NS0, 183 BOU'I'II OLARK-T,, Qontinuos tn curs wll Uirome, Aeevous, wnd Disouses of buth soxoy, and oy bo ooni wnited, pursunnlly or by dimouitios troatod with succos: Taulus und guntlomen sunt fro. SCALES. FAIRBANKY BTANDARD SCALES OF ALL BIZLS, FAIRBANLS, MORER &00 U AND LS LAKEST, ally 120 0L O 1w Modlest