Chicago Daily Tribune Newspaper, December 18, 1873, Page 4

4 . THE CHICAGO DAILY TRIBUNE: THURSDAY, DECEMBER 18, 1873, TERMS OF THE TRIEUNE TRRMA OF BUBECHITTION (PAYABLE IN ADVANCE), Dl by il a3 2000 | Sunday, 8! I el U-Uljl Weokiy ] Parts ot & yonr at the enmo rato, Toyrotent dolay and mistakes, ho surs and glve Post Ot coaddreso in full, including Stato und County, Remittances may bo mado olther by drat, oxpress, Post OfL.coarder, or in reqtstorod loters, ut our tlsk, TLRMB TO CITY AUBSURIDENS. Cellr, dolivored, Bunday oxeoptod. 2 contr per weck. Ly, delivored, Sunday incladed, %0 conts per wook. Addross THE TRIBUNE COMPANY, Corner Mrditon and Dearborn-uts., Clitcago, Il EMENTS. HOOLEY'S TUEATRE—Randolnh stroot, hatwoen Sk and " LaSulle, Grand Loglish ~ Opera-Troupo, “to Marrlage of Hgaro To: MVICKER'S THEATRE—Madieon stroot, hotw con Doarburn and it EDRSZOMERE Of ‘Lot | v Fin PRRTLIN, fighty onwgonicnt of I ACADIEMY OF MUSIO—Halstod stront, hotween Mad- 14 aud Mogruo, Engagemont of ttio Lydia Tuompson " Mcphisio,” QLOBE THEATRE--Dosplatuos streat, hatwoon Mad. Rop, bud, Wastiugion. Lngngemont of Marius Tarok. #Ligatatog Bob, MYERY' OPRRA-HOUSE Monros strost, hotweon Doarborts ana Sinto, Burleaquo of *+ Dootu of 1o Fui- Touelelum, ™ Ainstrolay and comicatitios. ORRTRAL HAIL—Corner Walash avonio and Tiwon- gg-occond ateset, Jiptortaiument for the Longtivof tho * Nowsboys' lome." DR, KATIN'S MUSEDOM OF ANATOMY—Clark froot, botweea Madisun aud Moncvo. The Chivano Tribune, Thuraday Morning, Docombor 18, 1873, The United Stntes Senato have declined to yonsider tho question of recoss for the presont. The Houso bill ropealing the Bankruptey act wns introducod iuto tho Sonate yesierday, but reforred without action. Tho bill meking an extra appropriation of $4,000,000 for the Navy bas passed the Sonate, and will becomo o law with tho Presideni's eig- Dnaturo. Tho bill for the redemption of the losn of 1858 now only awaits the sigrature of the Presi- dent to Lecomo o law. It provides for the issuo of now bonds at tho lowest prevailing rate of in- terest. The nows comes this morning of tho actual tranefor of tho Virginius, which was formally mado at Bahin Houds on Tuesday. Capt, Whit- ing, of the United States ateamer Worcestor, re- coived the vossel, Tho Alabama Sounte have commenced house- slenning by ousting n Ropublican member named cash, and &2 sellor Junuary, Onts wore dull, and 3o lowor, closing at 87)@873c cnuh, and 87730 soller Janumy. Ryo was dull, and 2 lowar, cloving at 70c. Buarloy was vory wonk, closing nominal ut 81.80@1.92 for No. 2, and $1.04 for No. 8. Live hogs woro dull and weak, nt 24.60@4.80 for poor to choies, Coltlo and shoep woio quiet at abont Tuesday's prices. ———— Bofore Angust, 1874, tho duty on fmportod salt wna 18 conts por hundred pouuds in bulk, and 24 cents per hundred pounds in bags, which duty was oqual to an averago of 140 per cont on the bullcealt, aud 85 por cont on tha sult in bags. By tho net of August, 1873, tho duty was reduced to 8 centa por hundred pounds in bulk, and 12 cents per hundred pounds iu bags, leaving tho tax ou bulk ealt at 62 por cont, and on bag ealt at 48 por cent. It cost yoars of eyitation and unremitting effort to obtalu this reduction, and it was tinally obtaiuad in spite of prodictions of tho uttor aunihilation of tho domestic produc- tion of ealt. It is gratufying to know that theso predictions have proved fales, und the annual report of the salt production in the groat salt rogion of Michugan for 1878 shows a yoar of unprecodentod prosperity, The production in 1873 was 823,346 barrels, an increuso of 98,865 barrels over 1872, Withiu tho year, tho ares of tho sall-producing district hos boen enlarged, & number of now wells have been punk, and there has beon o marked improveruent in thoe quaiity of the salt produced. Tho fact iy, tho “protection” afforded by the old toriff was fatal to the Michigan sult, It on- aoled tho Now York Company to undersell tho Baginnw solt fn its own market, What Wostern ealt wanted was froo competition, aud, if the duty wasg wholly abolished, the Wostern produe- tion would Lo still moro profitable. Onoof tho most curious eases on rocard was tried recontly in Chenango, N. Y. Tho plaintir was Renben 8pan, & colored man, whitewaslor by trado; the dofondaut Henry O. Ely, a reputa- ble physician and Health Oficer. The latter employed tho vlaintilf to whizowash a houso in which & woman had died of small-pox, the resuit being that the whitewnsher took the discase, had it cight weeks, and emergod in n pitted condi- tion, whereupon ho brought suit for $1,000 dam- ages, claiming that tho disease had disfigured him for lifo and impaired his health, Tho phy- sician, in Lis answer to tho plaintifl’s complaiut, took bold grouuds, as will be scon by this ex- tract from the answer : Tho defendant further auswering tho sald complaints nlleges on fnformation and belfof thut tho plafutiit hus vastly bmproved in Iis pbysieal aud iutelloetual ap Tearanee, und, in o cometic pofnt of view, his physi- oguomy Lius been wonderfully cmbellishod, and that tustead of safd amall-pox baving been an njury to thy 6ald platutdit, ho hius been greatly bonotited thereby on ateh, who, while holding the oftiea of Post- master, first accusod his clerk of atoaling, and sutsoquently ackuowledged that Lo was limself the guiliy party. —— A rumor tolegraphied from Waehington to ao ovening papor, stnling that the South Park Commissionors had feiled in Now York to nego- tiate a logu, is denicd by authoiity. Thoe South Tark Commissionera have not tried to negotiato any new bonds, and Lave uo new bonds to ne- gotiate, Thres failures in woolen and dry goods aro re- ported from Now York, which lave occurred during the past fortnight, and which aggrogato over $1,000,000. Furiher trouble is anticipated among those jobbers who have bought on four mouthe' tine, and ‘whose paper is now falliug due, At Mr. Bumper's instance, the Senate Com- mittes have been instructed to report on tho feasibility of raising all internel revenue by stemps, and {hereby dispensing with a large portion of the presont muchinery of tho Col- lectors’ oflices throughout the country. M. Bumner would make the absence of a stump subject the property to seizuro. Gen, Howard has notified the House of Rep- resentatives that Lio cowrts the fullest investi- gation into the charges againat him, snd waives all privileges in the way of the statute of lim- Itations. Gen. Ioward further expresses his confidence that he will bo able to reliove himeelf of all blame for the alleged irregularitios and deficit under his administration of tho Freed- ‘mon's Bareau. m— There was only one joint ballot yesterdsy for sho election of United States Seuator for Cali- fornia, which was as follows : Booth (Indepond- ont), 67; Tarley (Democrat), 41; and Sbafter | (Republican), 20, Mr, Booth gained ono voto over the separate ballot of the day befors, but still lacks four of & majority. It is thought that he will gain these to-day. Tho political com- plexion ot the Legislature, as clocted, was as follows : Itepublicans, 84 ; Democrats, 33 ; and Indopendent, 48, MMr, Booth hus, consequently, taken nino votes from the opposition so far, The Secretary of tho Treasury anuounces that the amount of legal-tendersin circulation is now over £374,000,000, which means that Le Las ro- issued ovor $18,000,000 of the ourrency rodcom- ed and supposed to have beon canceled in 1808, Thero romain but $26,000,000 moro of this cur- roncy for him to issue, and when hohasiseued tho whelo 44,000,000, he will bo at the ond of his atring. What {s he to do then ? In tho face of sll this, thoro isno proposition from him toreduce oxpenditures, or otherwise bring the national outlay within the national income. The Houee Judiciary Ccmmittee have been in- structed to take the cases of Judge Durell, of Louisiana, and Judge Busteed, of Alabama, un- der consideration, ard report upon them with referenco to {heir fmpenclment. The chargn againet Judge Durell s that of extra-judiclal ard unwarranted intorferenco in the Louisiann State olection ; that sgainst Judgo Busteed is of prolonged abgence frem his ofiice and neglect of Lis duly, The eituation seems to Lo that Alne bama bas a United States Judgo who doos not sorve enough, and Loulsians has ono that serves too much, The Chicago produce markets wera modorate- ly nctive yesterdny, Lut declined all round. ices pork fell off 25e per til, but closed Srmer A §18.874@14.00 cnvh, and 914.50@14.85 sollor February, Lmd was active, and ensler, at §8.12)¢ per 100 1bs cash, und €8,00@8,02)¢ sollor February, Meats weyo quict and a shade enslor, at fL}ge for® shouldors, UZ{@0%e for shovt ribs, 7o for short clear, ull boxed, and 8X@Y34e for awcot pickied homs, Iighwines wevo activo and finmer, at Y0@L63e per gallou, Dressed hogs wera mo:e sative and nnchunged, nt 6.50@ 0,65 per 160 tkh, Flowr way quiot and eteady, ut 25,50@5.75 for good spring oxtias, Whoat was aotive, and 13{c lower, closiug flim at $1.14 cash, and §1.148{ sellor January. Coru was more ac- Uve, wud @10 lower, closlug atrong at 6130 uccount of the purifieation of i physical system, und tho renowed vigor of Lis coustitution, ‘Ihe Court took the same view as tho physi- cian, and, after caroful examiuation, decided that, a8 the whitowasher was o better-looking and Lealtbior man than before, he could not main- tnin tho action. Itis not ststed, however, that any other colored gentlomen in that neighbor- bood have manifested nny desiro to avail thom- selves of this beroic treatment to Lieighton their persounl charms or strengthen their constitu- tious, We give alarge amount of spaco this morn- ing to the second day's proceedingsof the Stato Farmers' Aetociation now in session at Decatur. Aside from tho reading of the papers announced in tho regular propiamme, thero was a general recoption of propositions and resolutions, all of which were indiscriminately referred without action. Among these wero the following: Law reform, including, bosides the elimination of coufusing verbiage, a plan for a Court of Conciliation, to which cases moy bo submitted £ur arbilration without appeal ; an approval of tho prasont Railroad law, and a demand that the Legislature shall not repesl or amond it for the present ; o resolution that no more raironds are neoded now, but that the railronds wo have must bo regulated ; soveral yosolutione nsking tho Bonnte uot to confirm Col. JameaSteele, recently appointed momber of the Board of Railroad and Wareliouso Commissioners, snd resolutions on tho salary-grab, co-oporation, inter-State com- morco, nnd Westorn manufuctorics, There was ouc proposition that tho Government should lend mouoy ou land sccuritios, Tiwo resolutions looking to the formation of anew party weroin- { troducedandreceived with groat applause, Oneof them declares the past record of the old political partics to be such ns to forfoit the respect of the people and to absolve the farmers from fur- ther alleginnce. Wo print in full throo of the nddresres dolivorad yesterday,—Mr. Hooton's on tho Creation aud Distribution of Wealth, Mr. Cieighton's on Co-oporation, aud Mr, Turner's on the TFarnmers' Movement in general,—and defer for future publication Mr. Flugg's on Stato Rallway Legislation, and Horace F. Dag's on Banking and Currency. Tho membets of the Mouse of Reprozontativos lave spent anothor day in hagglivg over their own pay, and have finally come to a conclusion that is most lumo and imporent. The bill re- ported by tho Special Committes, repealing atl tid sniarics fixed Ly tho bill of March 4, 1878, except those of the President now in ofiice and the Judges of the Supremo Cowrt, and fixing the pay of Cougiossmen at §5,600, faled after a eeries of amendments and sobstitutes, Mosers, Clymor and Dawes talked vory plainly to the House, but it did not avail. Lir. Clymor cxplained what is called the public clamor to be a storm of public wrath which Congrees could not resist, and Mr. Dawes, speaking for the ‘Ways aud Means Committae, and with reforenco to their proposed reduction’ of expenditures, protested sgainst Congreesmen holding in- creased selaries in ono band and lucrensed tax- ation fn the otlier, Gen. Butlor indulged fu some vituporation at tho newspagers, which wus stale in soutimont, aud varied only in the style of biaclguardism in which {t was expressed, Gen, Hurlbut is ontilled to tho doubtful credit of pro- senting tho bill which fionlly passed the House, aud which provides : (1) §6,000 por annum for Seuators, Remesentatives, aud Delogares, with un allownuco for iraveling expensos; (2) $2,000 extra for Vice-Prosident and the Speakor of the Ilouec, making their ealarics £8,000 cachi; (8) ro- pealing all prior enactwonts clashing with those provislong; and (4) suthorizing the Secrotary of tho Treasury to cover Lack into tho Trensury all oxcess of pay hitherto returned or yot undrawn, But the act of March 4, 1873, was not confined to mombers of Congress. It fncluded all the clorks and other oflicors of tho Somato aud of the Iouso; tho President, whosa ealary was doubled, aud who roceives over €50,000 indircotly in addition to lis salary; the several Secrota- rles of 1ho Departments § all the Assistant Beo- . vetarles ; and gonerally all the employos of tho Loglslutive, Judiciul, and Executive Depariments ut Washington, ‘his increasn, amounting, with that of {ho Congroeslons) ealarios, to over 82,~ 00,000, ia past of tho genoral rubbory of the Sala~ ry-Grab law, and can all bo ropealed as readily ns that part rolating to the salary of members of Congress, Congross should repeal all thoact of Moreh, 1870, go far as it {ncrensed sslaries, rostoring thom to what thoy were beforo tho dnte of that act, Nothing loss will eatisfy tho country, and nothing loss onght to do so, Thoro must bo a total repeal; mero tinkering will not bo suMclent. GAGE AND HESING. ‘Che vindictivoness and fury with which Mr. Hoslng nnd tho Staats-Zeitung aro following AMr, Gogo show vory clomrly that thoy aro not seoking to redress publis wrong o rebuke ofticial misdolug, but, on tho other bLmnd, are simply bent upon wreaking porsonal revengo. Huch couduct s this is cloarly porscoution. It aprings from unworthy motives and accomplishos no good. It is selfish, moan, and base. It adds to popular projudico without reason, and does not belp tho city. Mr. Gogo bng done enough for which ho is logally rosponsible, without buving porsonal porsecution heaped upon him also. Wo bave no disposition to npolo~ gize for Mr. Gagoe. Mo has delibor- atoly . and ropeatedly violated the law, the provisious and penalties of which aro as oloar ag tho sunlight ; and ho hins no rea- son to complain If hio has to suifer those pennl- tics to tho utmost, But this s no rouson why Mr. Hesing should seck to improve the oppor- tunity by taking an unmanly personal rovenge. More than this, for the sake of publio deconcy if for no other, Mr. Iesing should not ouly refrain from persecution, but bie should keep a ro- spoctful silenco, and have very lictlo to say ahout the mattor one way or the other. Thoso who are to talke o prominent part {n the 1nvestigation of this misdoing, or tu providing for its punieh- ment, should lave cloan Laude themselves. Their own counection with official affairs must bo clear of suepicion. Thoso who have been grabbing public monoy thomeolves have no right to comment upon Mr. Gago's conduct. Mr. Hosing bolongs to this cless, aud the only differonco botweon tho two men s’ that Mr. Hos- ing got & law passed which enabled him to do it with impunity, while Mr, Gago did it 1u violation of law. Mr, Hosing is alogal grabbor of public money ; Mr. Gage an illegal ono, Morcover, Mr. Qago proposes to pay his back, and Mr. Iesing does not. Ar, Hesiug has been printing a paper for some yeara past, and during this timo has been getting pay for publishing Common-Coun- cil proceodings, by virtno of a swiadling law which was nover passed without lis rgoncy. During tho last eight years, thero las been paid to Mr. Hesiug for this usoless publication, out of tho City ‘reasurs, the sum of 885,827, Wo submit, therofore, that Mr. Iesivg, with 386,827 in his Lands, is not the mau to stund up and accuse Mr. Gago of taking public monoy, still loss to tako advantago of Mr. Gage's down- Iall to feed nis private malice, Tho bost course for iim to puraue is to keop ontiroly quict, how- ovor dificult that may be, aud allow thoso to setllo this mattor who have not 8o much publie wmoney in their pockets, At present, Mr. Ilos- ing's furious malice ja fully as offousivo to tho community as Mr. Gago's defalcation, OFFICIAL OATAS. Ono reason for tho numerous defaleaions and othier acts of official dishonesty which are just now so abundant, may ba traced to the fact that the oath of oftico is no lightly regarded, espocial- 1y where that oath is taken at stated times, and 80 frequontly that it becomes at lwst a moro form,—a Labit whick aman performs mochan- ically, a8 bo would put on his coat or take off his hat. Gradually it loses ite solomnity. The offi- cial goes beforo o Notary, holds up his haud, listens to tho drone of tho Notarv, aud nods his liead, and has performed an ofiicial act, which probably has not haif éo much importance to him as the signing of a check for twonty- five dollars would bave. Thore aro fow men who would willingly and delib- orately violate an oath, ovenit it involved no logal ponalty, if that oath were administered to them in all 1ts solemnity, sad placed before thom in such n)maunor that thoy wore impress- od with its sanctity and with tho obli- gations which it devolved wupon them, Where the oath is sccompanied with & savere legal poualty for its violation, as in the caso of tho oath which ex-City Treasurer Gago was obliged to tako every month, & man would hesi- tato still longor bofore he violatod it. The 2d- ministering of tho oath, the assumption of it, and overything connected with it, have becomo a mere businoss form. Tho most dreadful part of the accusation against Mr, Gagae is, that s could g0 bofore a Notary overy month, and swoar that ho had not appropriated any of the city money to his own use, with the ponalty beforo him that a violation of this onth was willful perjury. Yours ago, & Stroot-Commiesionor was punished, in thig city, for adding fictitions names to lus pay-rolls, drawing the money on thom, and then making oath to tho corrootness of his stato- mont, This is the only cnse wo can recall where tho poualty has boen imposed for official perjury. Tho sanctity of tho oath will not have binding forco until the penalty is enforced. Then, and not till then, will tho oath cease to be o mattor of mere form and become & mattor of face. —— INTEREST ON CITY DEFOSITS, Wo print a couple of communications on tho snbject of paying intcrest on city doposits. Ono of the writers seems to think that tho practice of the Treasuror depositing public money in banks, and receiving intorost on the same, is not distinguishablo from that of lending it o out- sidors or borrowing it for his own use, and Lienco that Mr, Gago's offense is a technieal rather than o moral one—the fallure to pay over tho money in time boing the only real peintin tho code, ‘Wa think there ia o difforence hotn in law and morals betweon the two transactions, 'Tho agreemont botween tho publio and Mr, Gage, at tho timo ho enterud oftice, was that the intorost acerulng from tho publio daposits should go to the Tyeasury and not to the T'reasurer. A prac- tico has grown up of depowiting tho money in Launks acd allowing the Treasurer to poctet the interost. The city had providod no place for the eafe koopiug of the funds, and there was nothing clee to Le donn, in fact, but to do- poult them. It was never stipulated, oithor in the forum of public opinion or else- whore, that any Intorost should be paid by Mr, Gage, but only {hat, if any intorest d d mcerue, it should inure to tho bouofit of tho city, Wo donot think that any bargain was made by tho publio with Mr. Qags, by virtue of which ho conld assume that ho bad tho right to borrcw tho monoy for his own use. Wedo not think that u deposit of monoy in bank subject to call can be properly considerod a losn, Nordoes publio sentiment regard Mr, Gago's failuro to pay over tho monoy i the susponded banks (which was merely & misforiuno) in the sams light a4 his fallure to poy ovor that which ho Dborrowed for Lis own uxe. 1lolding, ng wo do, thot a glaring infraction of Ty hiay boon committed, and that i should not go unpunished, we still do nob consider Mr. Gage u dishoucstman, Nor will the public so ro- gard him, unloss ha seoks to evada bis prosont rosponsibilities. We never heard of his chonting anybody. fis fuult has boen rather In the op- nosito direction—that of allowing other people tocheat him, Dut wo cannol admit that the circumstoncos uuder which ho came into office wore tuntamouut toan nuthorization to him to speculato with the city fands, Cortainly no- body would huve voted for him if that purposo lind boen avowed. BPEAKER BLAINE A8 A WHIPPING-POST. In ndvanco of tho acsembling of Congress, wo took occasion to oxpress our viows us to the nbsurd domande that were madoe on Bpeaker Blaine to oxclude Credit-Mobilier Congressmen and thoso accopting ¢ baok-pay " from all places of influenca on committees, Wo obsorve that n largo portion of the Democratic pross, with hore and thoro a Republican papor, keop up theso criticisma siuco the committeos woro announced. I'ho porsons aimad at sa Crodit-Mobilier Con- gressmen nro Mosers, Dawes, Kolloy, Garfield, and Scofleld, generally rocopnized s among the ablest mon in Congress. Of their actual guilt or {unoconco in tho mattor charged,wo horo avouch nothing. A committeo of investigation, aftor thres months' labor, roported nothing agulnst any one of them, Some individual mom- bers of the Houso, not satisfied with tho conelu- slous of the Committeo, introduced resolutions of consure, and these wero promptly and almost indignantly laid upon the tablo by a vote so overwhelming that wo beliovo tho ayes aud nocs | wore not evea asked for. Now, under these cir- cumstances, will any ono toll us on what ground Sponkor Blaine could constitute himsolf & Judgo and proceed to administer o sontouco of sevore punishmont without a verdict of guilty being found—nay, moro, a4y a verdict of acquittal aud | cexoneration hed been found by thio only tribu- nal, auico from their constituencies, compoteut 1o try tho alloged offer:dors. But tho oxorcise of euch a discrotion on the part of the Spenker becomos still more absurd when it is applicd to tho salary-grabbors, The snmo papers that domanded the disranking of (ho Credit Mobiliorites domanded, with still louder voice, tho decapitation of all who took back-pay. Now, if this policy had beon followed Dby tho Speakor, it wonld have involved tho dis- placement from all important committcos of woll-nigh four-fifths of all the ok members who wore ro-olccted,—for of tho eutire one hundred and lwenty-five scarcoly thisrty refused to take tho back-pey. Theso wiso gentlomon, who have 80 fully instructed the Bpenkor as to his duty in organizing the ITouse, would have had him pass o judgment which belongs wholly and solely to the constituency. BSpeaker Blaine himself, prompty and conclusively, and in advance, di- vorcod himeelf from all connection with back~ pay. ‘That for bimsolf was well and wise, and it would have been well and wise had others fol- lowed his oxample. But for him to sot up as public conscience-keepor and whippiug-post to sdministor the punishment which tho back-pay men will in duo timo got from theirconstituents, would lLave beon arrogant, presumptuous, and unprecedontod. ‘When the members were sworn in on the first day of the pession, 1t was found that ifty-two of them—nearly one-fifth of tho entiro Ilouse— wero compelled to take the modified ocath by reason of their participation in the Rebollion, Here were fifty-twomen, headod by tho Vice-Pros- idont of the Robel Guqn:duru-)', forgiven, nmnes-~ tied, and rostored to civil rights. We bhave ob- served in somo papers o sharp outery ngainst putting any of thess men on committees of im- portancoe, os though tho Speaker had the slight-~ out right to go back of tho emnesty aud scok to punish the individual crime—and certaiuly their crime was iu its cssonco the darkest and deopest o citizen can commit. Bome over-zealous Re- publicans feol vory soro that Alexandor H. Stophens and L. Q. O. Lamar should bo on prominont committoes, though wo observe that somo Dewmocratio papers that forociously assall Dawes sad Garfleld welcome our Southern ‘brethren with open zims {o places of honor. Thus, in looking over the whole field, wo fiud from one quarter a ory that no mon whose name was oven romotely associated with Credit Mo- Dbilier should have any recognition on commit- tees; from another quarter comes the demand with atill moro vehomencs that no men of the Lundred or more whe took the back-pay’ should bo allowed any voico ‘on committecs, 8till zuother phase of opinion cries out that no one of the fifty-two members who, by his ina- Dbility to tuke the iron-clad oath, openly avowed that ho had been s Robcl ageiust tho Goveru- meont, shall bave any place of honor what- over in tho organization of tho Ylonse, Novw, pray toll us, who should Speaker Dlaine appoiot on committeos ? By your cries and de- nunciations you would have him disfranchise well-nigh two-thirds of the entire body, and ele- vato his indlvidual judgment over law, and right, and usage. Tho Speaker might juat as well say that tho mombors of the classes roforred to should not bo heard in debate or voteon the roll-call, s to declare that they should hove no voico or voto on committoos whore the logisla- tion is really and ofoctively shaped and settled, Upon what authority, pray,would Speaker Blaine proceed to practieally disfruuchiso 200 constitu- oucios from thelr proper representation in the councils of the nation ? In conclusion, {lio whole matter rosta with the constituoney in the firat placo who eloct tho wember, and in the sccond placo with the House who can censuro or expel him. But o member rogularly olocted and duly #worn in, who has in no measure recoived tho cousuro or disapproba- tion of the House, 18 entitled to full, fair, sud completo recognition at the Spealor's hands, It ia idle to shout us agninat tho Bpeaker that he wai accused by somobody of desling in Credit- Blobilier stook ; it is Idle to say that he took tho back-pay, as nearly tho ontire Ifouse did; it is ldle to say that he was a Robel and fought oagalnet the Government in the hour of its extromost peril. All thoso faote are legitimnto cousldorations for tho constituoncy whon tho man is o candidato, or for the Iouwe when tho man Is sworn inj but, belng elocted and uworn In, the Spoaker has no possible right to interpose any dlscrimination whatover, To hiavo followed tho sage advice of somo news- papora on the points iuvolved, Bponker Blaine would’ have boon compelled to practically dis- franchise unoarly two hundred Roprescntative Dintricta—or well-nigh two-thivds of the wholo Unitod Blates—from all offuctive voice in the uational Jogislation, The country may well bo thaukful that Speakor Blaine did uot commit himselt to such an indofonsiblo courso; but that, having full knowledge of the laws of pare lamontary organization, he had tho courngo ond the sonso to follow thoso Inwe, and lot the clamor oxhaust itsolf with ita own folly. PENNSYLVANIA CONBTITUTION, The adoption of tho now Constitution in the Btato of Pounsylvaulaisoneof the greatest popi- Iar triumphs that has occurred for many yours, Thero was no Hiato in which tho Govornment was more corruptly admiuistored, and none in which corruption was more euslly practiced than wm Ponnsylvania, The old Constitution was wholly inapplicable to modorn ingtitutiony, and nover contomplated the porsonal aud ofiicinl do- pravity which have bocomo so powerful in modorn politics. Tho Convontion which framed tho new Constitution was composed of tho ableat men in tho Btale, sclected for thoir pro- foesional ominonco and tholr personal integrity. Tt was freo of all partisan bias and prejudico. It addressod ilself to tho proparation of a Con- stitution that would iu sn especial manuor pro- tect tho property and tho libertica of tho citizon against the porsons olected to edministor tho Government, It sought to make official dls- honesty {mposeible, und surrounded it with ench rostraints and ponaltics as will make tho practice of it loreafter dangerous, The City of DIhiladelphin has for a long time been in the control of a mob of political rufilans, composed of the worst elemeonts of both politicsl parties. ¥or many yoars clections fu that city linve Loen » broad farce, all rospeotablo peoplo conceding them to be fraudulent, The whole clection machinory of that ity hins been in the hands of this mob, and this mob Las been tho bitter opponent of the new Constitution, An attompt was mado to srray tho Republicans of tho Stato against the new Constitution, on tho ground that, if it wero udopted, it would destroy the Republican majority in Philadelphis, and thereby ondanger the ascondancy of that party in tho Btato. All the Republican papers of Penn- sylvania controlled by Federsl ofticers have beon volioment in their oppesition to it, but the peoplo of tho State, without distinction of party, have rejected all mere avppeals of pohticians, aud have ratified the Constitution by a majority that lonves no doubi as lo its universal acceptability. A groat many clorgymen of various deuomi- nations wero weak enough to preach sermons agninst tho new Constitution, because it pro- Libited the appropriation or expenditure of any public money for any soctarian purposo, and prolibited any rafirond company from issning upy froo pasa or holf fare ticket to avy person orclass of porsous, The Peunsylvania Legis- Iature has long bad an unenvisble notoriaty for corruption, aud the Coustitution aims to broak this up, and gonerally place the State Govern- ment on an bonest and reputable founda!ion. Tu many of its features, tho now Constitution bos beon modoled after that of IHinois, adopt- ing, in various particulars, the exact langusge of our Constitution, Its adoption, and Ly such an overwhelming majority, will bo an oman- cipation of the 8tata from tho thraldom of tho great corpornte monopolies, and their agonts, thio managers of both political parties. REPEAL OF THE BANKRUPT LAW. The House of Roprosontatives, by a vory de- cided voto, on Tuesday passed a bill repealing the Bankrupt law, except so far as rolates to cases already bogun, and in which bankvuptoy hay boon declarod; but in thase casos tho feos and the costs aro horeattor to bs but one-half thoso now allowed. Tho attompt to snte-date tho ropeal 4o ag to release Jay Cooke & Co, from the proceedings against them undor the law falled, and vory justly. Its object was too ovi- dont, aud the effort to disguise it by having 1t snpported by Democrats, did not decolvo any porson, Tlio bill now goos to tho Senate, whore it will probably rest until aftor the renssembling of Congress In January, Iow far that body will agroo in the ropeal of tho law cannot bo fore- socn. There aro bills pending in the Senate,— one proposed by Senztor Logan, for the repoal of the whole law, aud one by Scnator Morton, for tho repeal of nll that authorizes involuntary baakruptey. ‘Wo supposo thet SBouators and Roprosentatives lave considored the effect of tho ropeal of this law. Under the law, an iusolvent is compolled, in tho distribution of bis eslato, to divide the same honestly and equitulily among all his ored- itors. Ho is compelled on oath to disgorgo all his property, and must, in order to obtain a dis chargo, turn out 60 conts on tho dollar of Lis debts. No one creditor can pounce upon & dobtor and with snap judgmonts sweep away all his property, to the destruction of tho dobtor aud to the exclusion of all other creditors. When this Iaw ia ropealod, there will bo an immediate retura to the old system of collusion betweon debtors and some proferred creditor, fraudulent assignments, and gonerally to all tho dishonest practicos by which mon ssek to ovade pagmont of their honest debts The effect of this ropeal will b felt instantly upon the credit systom. Men can now buy goods on c1edit undor the guarantee of the Bank- rupt law that they can mako no assignmonts of their proporty, confoss no judgments to pre- forred creditors, cannot remove the property, end must pay 50 por cent of the debt, However unfortunate they may be, thoy cannot act dis- lonestly, To repeal this law is to ropeal this guarantee, It is to expoee every creditor to all tho chancos of being defrauded by debtots, and consoquently must produce a contraction of crodits. It Is stated thnt the presont law is op- pressive in somo things, and that it is especially oxpensive. Those evils or imperfections can easily be correctod, Iu the bill as passed by the ITouse, tho fees and costa of tho cases yot to be detormined aro reducod ono-half, and it was Jjust 08 ensy to have continued the law and made tho liko roductiou, The reponl of this lawis in {ho intorest of a lnrgo cluss of bankors, brokers, aud jobbors in othor people’s mouey, who, if the Inw bo ropesled, can close their doors, make ou aseignment, and compel tholr uufortunate croditors to settle thelr claims ot from 10 to 40 conts ou tho dollar. It is to bo Loped that the Sevato will not not 8o hautily in legislating for the ro-ostablishmont of fraud and tho en- couragemont of dishoncsty, Tho McDonough trinl in 8t, Louis still con- tinues to furnish choorful little episodes, A day or Lwo since, wo noticed tha fact that ono of the counsel was knocked down by a gambler; that another ot tho attorneys, Mr. Garesche, knook« ed tho Licutenaut-Governor down for calling him o llar, and that, within twenty-four hours thoroafter, Mr. Garosche was knooked into tho gutter and soundly whipped by a hackmun, be- cause ho called tho hackman s scalpor, The Intest inutallmont of news from the fleld of war shiows that two of Mr, Garosche'’s sous met the backman shortly after, and pounded him sovero- ly. Asthe hackman has agreed to clean out the QGaresche Loys as soon aa he can find thom, the nox$ mall front Bt, Louls will be awaited with ine torest, Apparently tho people nre having o great deal more fun thau they would have had with thelr prizo-tight which Qov. Doverldge slopped. A wo maiil on tho formor occasion, nico quict tawn, that St. Touia! It will bo romembored that tho Prosbytery of Brooltyn, about a year and o holf ago, took offi- clat cognizanco of the fact that tho Ttev. Sarah F. Smiloy pronched in tho pulpit of Dr. Cuylor's church, Aftor a dobate, lasting two or thron days, nresolution wus paesod reaflirming the dec- Iaration of tho Gonoral Assombly forbidding women to assnmoclerical dutios in miscollanoous Kothorings, The churches have faithfully oboy- ed tho rule until last wook, whon the eamo roverond Indy preached In tho same pulpit on two occaslons. The rosult is that tho Presby- terian world of Brooklyn {s again excited and talking of calling the Presbytory togothor to take action fn tho promisos. As this i the soc- ond violation of tho rulo, it becomas an intoreat- Ing question what tho Prosbytery will do. Tho reaflinning of tho General Assombly's rulo hav- ing had uo effect, will the Prosbytery call out tuo militia ? Our articlo of Monday last on the manuface ture of artifictal sugar sirup, hy the use of sul- phutie acld, bas callod out tho recital of soveral intoresting facts, Among thosa Is the corrosion of the cork in a keg contalning sirup sent out o fow woeks ago for the winter-supply of o Jum- boring camp. In another case, a whole family was troubled with sovers burning at tho stomach and Violont hondache for several days, which symptoms dienppeared whon tho family coased to uso sirup at the broakfast-tablo, Thero is no doubt that the saie of this polson- ous stuff is carried on to au extent that would natound tho people as much es the Gagedofalca- tion has done, wore it only ns well known, And it in really of much more importance to the com- munity. Atthe worst, the loss in money can- not amount to #o much as 81 per head to the noople of Chicago, while the other may bo the ‘moaus of shortening mauny valuable livos, NOTES AND OPINION. The New Hampahiro Probibitionists boast that they will poll 5,000 or §,000 votea for Governor in tho noxt March election, The Couneeticut Prohibitionists will nomioate a Stato tickot at Now ITuven, Jan. 18, —Lot it be recorded : Tho Treasurer of tho United Bintes has recelved from Heury L. Plerco the check pafd bim by tho Sor- gesnt-at-Arms of (s Houso of Rorosontatives for sulacy from tho death of Lis predecersor, Mr, Whillug, fothy commencement of the siasion on thio fir:t of December, Although this payment wag strictly in nc- cordance with law, Mayor Pierco declined to refuin the money on the groand that he drew during that timos ualary as Mayor of Bostou, —The Milwaukee Wisconsin objects to auy compromise of tho Cougrossional salary-quos- tion, oven on £5,500, and says : A differenco of $300 on eachi salary makes an aggre- gate of $178,600—u sum worlh kaving In those times of debtaud tixation, . . . ‘Tlis impression s not the Temnlt of nowspaper clamar, ns soms of {hio honorsble gentlemen scem to think, but is derived from the com- parirons of Congresefoniul 1ay with thst received ju privato or professional capniity, by tho vast majority of that claes fruin waich Congreshuen aro drawn, —Tho firat act of the Calfornia Leriolaturo Las Leen to repeat tho law suthorizing counties to aid railroads, ~Tho West Virginia Logislature, at Charlos- town, is deeply involvod ngain with tho State Capital question. Wheeling pooplo are anxious to know the result before Charlestown, ob tho Kanawhn, is snowed in for the winter. —Tho Rochestor (N. Y.) Union makes this point on the Congtessional salary-grabvors, who count their pay by the year,—Mureh 4 to March 4: Congioss met Dea, 1, nnd will not have per- formed to cecocd sixty daye' Inbor to tho end of iws pay-year ; thereforo, this year, tho pay is at tho rate of $125 por diem, end tho to*al valaries for o working period of sixty days is $2,520,000, Aud tho Union says: ‘Twelve of theso sixty days they Lave already wasted i u ridiculous and bootless wrang.v over the question of repenling the jufamous Salary bill of the kit Cou- gress, which ought to have been settled in an bour, fn uccordance with what every Scuator au¢ Roprerciita- vo knowa to bo the declared will of ninoty-ulne-hun- diedths of tho peopls, —Rotronchment is like charity. Although overybody acknowledgzes it ougiit o begin at home, very fow are willing it should commence abroad. 'The peoplo sk for it in State and na- tional affairs ; but where it is to commenco is tho question, Al aro sgreed that saluries should bo reduced, excopting tho recipionts of salarics, But a roduction of salavies is only o drop in tho bucket us compared with other ox- penses of the Governweut.—Oshkosh (Wis.) Nortlecestern. —It may ba all very well for members of the House to mnke the discussion of the bill for the ropeal of tho sulary law a8 amusing a8 possible, Itisa look thoy have gotto eut, andif they deom it advieablo to cover their chugrin with a mask of jocularity, the people will ami)n—-}i:-‘cr- haps a littlo devivively—at their grimaces, but mfi ot seriously object either to their forcod humior or to any otlier antica in which they may think proper to indulge, provided they ropeal the law.—Baltimore Gazelte. ~Theie i3 no mure propriety in the Goueral Government voling subsilios in aid of o rail- road than thore is 1n furnishing a privato citizen with money to build a mill or erect a factory, under the ples of boneflts to bis neighbors or the city in which it mny be situnted. It would Lo far more practicable and much bettor fcr the people for the Government to regulato tho {tanift on oxisting railwaye than to expend tho people’s monoy 1n building now ones to fall into tho hands of capitalists and La operated for their privato profit without regard to the iutorests of tho farmor or auybody clso.—~Lafayells (Ind.) Courier. —One of Gen, JozTh R, Iawley's constitu- outs, a clergymen, and an ndmirer of his, hus recontly written Lim as follows : * That Con- gressmon may logislato on thoir own ealaries, is an nuwariantablo privilege, For Congrossmen to ingist that their salarios shall be §0,000, i consurable. And for Congress to eanct that the snlary of cach member shell be £6,000, will bo reprohonsllle. Gen. Hawloy, the public would soouer set your salnry at 4,000 than $6,000, your domand | "—Har{ford (Conn.) Times, —Some Congressmau Las discovered how to do it, a8 well as how not todo it Ho is afraid to voto to roatore tho frauking privilago, but is in favor of gorting it back, substautially, by au- thorizing o new L'ost-Oflico stamp to be put ou public documents—at the public expense, of course, Better bo houest alout it, gentlemon, Restora the franking privilege to yoursolves, boldly, like men, or pay your own postuge, No sneaking.—Fillsburgh Commercial, —Tyo or three hills have already beon intro- duced ju Congress to rostoro the dead franking priviloge, und it now looks as thouch thair pass- ago would Lo ucged with considorable porsiat- ency. . . . Wa trust that publio disapproval of this back movemont will be wo loud and prompt as to put & final quiotus on the scheme. —Cleveland Leader, —T'ho task of tho nowapapors, as sentinels on tho wateh-towers of public opinion, is not yet finished, whou such 4 bold advocato and persist- ont guatmur of the snlary, back-action, incrense, 28 Matt II, Carpentor, is nndo President of tho Beunto.—AMattoon SI i) Journal, —Tho action of the Sonate [on tho sala Kuuuuan] 18 in the highoest degreo problomatical, 8 wo rownurked yostorday fon Carpentor's olec- tion], that body is not sonitive to public opin- ion, "Becuto in his tenure of power, beyond the ronch of uny popular frenzy, the avorage Sonn- tor learns to look upon the people us a woll- menuing but somewhat nuculy family, to bo hu- mored, seolded, and patronized by~ turns, but 1.0t of much acconut as a gaido to logisiation. Tho Benate, tog, hus been ** watered " profusoly sinco the roconstruction, and no spoculation coucorniug its action on any question can be of vulue that doss not take account of that melan- choly fuct.—Doslon Advertiser, ~In puttiug iuto his message that sentonce about_political partisanship Luving ¢ almost coniod to oxist, especlally in the agricultural regions,” tho Prosident showed himsolf very in- cansiderate of tho l’euliulm of hls more bolster- ously optimistic friends {u tho pross, ‘They have boeu valisntly voci'elativg all slong that noth- ing han hnp[wuad but what happens in every off- yoar, uud that the mmssos, agrienltural and other, uro as firmly attached to tlhoparty as aver, 1t 1s veally vory rhoughtless and unkind in Gen. Grant to go back ou thom in this way by seeing a plain fact and calling attentlon to it,” It ware rants a foar that ho 18 bocoming infooted with tho splrit of indopondent jour: —~Springs JSeld bitoan, NATIONAL BOARD OF TRADE. Oflicial Programme of Recom- mendations and Res- olutions T'o Bo Consldered nt the Moeting of the National Bouard of Trade, to Bo Held in Baltimoro on Tucsduy, the 18tk of January, 1874, and Following Days, Tho National Board of Trade, which met at Ohlengo durlng tho Iatter part ot Octobor last, adjourned to moct In Daltimore on the 13th of Januaiy, 1874, Tho followinyg 14 the programme for tho adjournod meoting: L—RLFORM OF THE GURRENGZ, Resolutions penauny ut annude meetins, reported by Sucerud Camatiee to whom the gubject waa rejeryed, Kesolved, Cuat tho Natloml Uowril of I74ds recoine mcud to Vougreas to provide by law for tho tostora- tion of the syvet Bluudurd Lo tha civenlating carrency of the Unitod Sruicd, and tor vegulating tos fauo and wso of Bueh currency on the fouowing busles Fiyat—Tor tho vedomption of dho L'reantry notss of the United States (omtuonly calied greeniacks) at tho “Lreanury in the City of Now York, ki goud cuiti, on the dewand of bowlers tieroof, o sud ufier tae ilrat Mons day tu Juiy, A, D, 187, Secod—Tuut tho nutesso redeomed may bo relssuod for muking ull payments by o United Statos, otuer Lhtl thos for Wil bus payrent of speclo s sposuly Beoured Ly oxiatiug laws, uid tuo notes 50 rodesmunl oy bo exclutiged fur 1de gold or slivor colu of tuu Uuiled Buates Wucn roquesied by ang ouo dealrous of makiug seh cxclango, LUtrd—Lnas the wad Treasury noles of the United Btutes shall contlue 10 Lo u iegal-teuder for the pay- anout of uil debiy, puulio sud Privats, us s sume aOwW vo, Lourth—Thatfor tho purpoeo of regulating tho curren- oy u# Turuleucd by s 'Tecuniry uo.0, died proviaiag L0¥ {1 02309100 OF GOBZTICLION, AL weasus WAL va .o haniges 1h 188 VLA 6T0 Callea £ T by tho bitsunss of 100 CouLTY, U Hocretary of the Peaiaury (. nutaor 1200 10 19340 1 GXERAIKS for Bucn Acites Of Guut, 10 Kt Dt dias twah S0y ple thercof; Wolth ceriiitales vian oose duterdut ot 3 Go-200 per cent per wum, Vuy ectutle cuten 80 Laved BuGIL10L exo },U09,03 fu tuo wirole, atid Bl COPUNEALCS ¥OUL Lo Pedecinuitd a8 the wa of o nulders tuereof, i Treasury owes of the Unhiod Statcs, of tho duwomiuations Bow It e ; and upon o, tho futerest tien avcrucd on el cordicaten Kuall o puyauo und paid, ond tue cerate cutes w0 rodecncd sl bo congeled’ aud destroged 3 buL new certiticates sy, froul tuw to the, vo tetied i1 paace f, und to tho uinouut of, the curddeates to ageaed, f {00 w.tne shiall be dewdnued by tuo wo,dzre af United States Lrounury noics, Audt tuo cerdlicules 50 swsued Banll MO by UG ful oF Couputed £ cue Tou erves BoW required by Lw to Lo hod by the Nsioust 15114, 108 Lo Duytuvut Of tholr circilution dud Ces natne Pronoscd Amendments Submitted. Insert betwaein ths words ** coutinas” aud *to be,” i1 1 tatrd proponivdon of the Cunialitee, tus fulown 1t “ Unuti e 1hse Mouday it July, 1807 Aud addy o Proposidon nith : “uuton und after the fivst Monday in July, 1877, gold wnd wilvor coln 4hidit us tuz Oty logde,ndor fof C0 psymiont of any duutd, pubde aud peavats,” Amend {ho report of tiio Committeo 8o that tho Arct iuo it puail 2eud o foiuws Liesv.vedy ‘Ehat tue Natioual Baard of Trade recome meud t Cougeces 16 providy, by i Wiso Uuanelst pole icy, for tho Lo4LOTStion Of UL ppeci uundard 10 the winoutiug cuironcy of tue Unlicd bates, uud {0t ruge UiicIig 66 19500 41 UK0. Of Buvk CUrTety VU th Toi lowiug ba L1 at—Lor the redemption of tho Treasury notes of tho United Bliies (Cumiunily etied grocaaeks) at uny "Wreasury $u tho Unitud Slates in goid colu, o (e do- uutid of boldurs thereof, ou und uiter tho Suli payn et or funcing Of tue uitionat dubl s bow provid 4 for, und tue balaues of forehg irade bus buen tualicd, pevmanestly, i fuvor of the Uulted Sttcs, Aud Sud, e 4l UI0E 10 the Tupurs of tud Come witiee, we foluwing : Witduizas, Oac presont system of natlonal Lanking 148 Jroved a sato one L sucariug tho huidat of cireus 11U 0L UGGt 108y, b 18 enpeetaby ducdrablo wag ks weuelis Lo extended, LY uu umeUdmo.t W WAZS tuo bysicin trce, and it Tiviicgos npen to auy oxiens 4o regquired Ly tue bTsincse and wanatactariug e {rests of tho COUNtry, Wt 1k duay mininer 1o tus do= Incatle prouneivo miiauries § theretore, sicsuited, 'Lhit i our view 1 18 vt ouly constatont wilis poney, it conservative of o genwal weiare, to remove ull resttictions twab uow Lmit the Lsud of Nattouul Lank curreucy us & spec,al priviegs, wud giv o vgut w il bauking compuuies thuy itruisy the requircd ecurity, but ot fmpale tus lucegrity or pUAive tofery of' tuo cirenlating uotes (n uny dogtev, Ateavived, Tut wo think tno besvy matlonul tex whicth by Navonal Buusd ara suvjelted migut Us to- duced Wit geeral veuelt 10 tho siuvlo counnuuity, aesulved, That 38 fu tnose chuties of tie Natinnal Baliiing Kovvs 1o bankss uro required to hold and keep \e goid - interest uceralng from the Umited Staten buuds deposited Wit the Uuveriment for tho soaurily of sheir arcwiauug uotes, it wilt form s busts for the resumption of specle puyinent i tue futuro when the {uterests of the naddon My roquire it Regolved, That the Nationud Bourd of Trade recom- e Congress Lo olet & luw uirecting 1o Sectotary 0 thts Wi GBUEY L0 COULIBCL it GFeonback ONITNY & Lo Tate of £2,000,000 yer wouty, commeneing ou July, siesolved, That the National Board of Trado recome 1ncuis Cougiren tn Prouiuit by Law tho payment, or re- ceytion, uf iuteress on current doposits, vy the Nae Tiousl Banks, Liesolved, That the Natioun] Bosrd of Trade recome mend Cougrss o no smend tha Nutiount Lauking iaw aaut tho banks shall bo cumpeiied to huid tue coiu ey for iuterest on teir bonds, us b part of they Tesurve, until cheir reserves in cofit stiall bo oqual, 8t feust, 10 30 por cent of thelr cigeuks: Iucduleed, Tisat Lo Nationab mend Covgress toamond tho Mutional Bunking luw, und compol the bunks 0 gruaually doubus their capitid or reducy thelr circulution until it shiuli ot excoud 60 par cout of tuelr cny ital, Liedolved, Pt tho National Board of Trado recorn~ neud Cougress 10 onuct # treo bauking law contaiwng tho above provisions, Iesolved, That the payment of interest on _daposits, Ly tus Nationar Yanks, nhould, in the opimon of this Bourd, o proliiuited LY kiw, WnEnEs, The amouut of currency and the number of banks required in a country can uever be § ruperis determined vy legialative assembly, Lut only by tis peoplo colicetivoly, i tho dslly oxbérienco of tuctr Wang3 und WitEnes, Tho incloaticity of our currency, arfsing from tho utfompt to fix its volume by legal eunctment, Lina ropentedly impaired the general prosperity Ly et Durzuesig, ut certain scusons, the movemons of our crops; und Wirkiieas, A rocourso to the Governmentfor oxtra Tegal uid, in'such cmergencies, tends 10 un_ urbitrars 1160 of povwer, utad iu Liostile to the spirit of our inatitu~ tivue; therefore, Leevolved, Thut eurroncy furnished by tho TUnited Slates Government, upon pledyo of 1t own bonds, wiih privilego to tho vecelver 10 roturn tho eurrency and Tegain tho Londs, at his opiiow, would supply the rerjuinito elasticity {o ows wonatary hystem, Jtesolved, Thut ho passuge by Cougress of a frea baulung luw would Temnand to thie people, to whom it justsy belongs, tho decislon u8 to tho numbor of buitke nueded for tho transuction of their busiueas, Amond by ndding tho following proposition, to ba Diubered Fonrtl, Fifth, and Sixth, respectively: That ou uud uttér the '1st day of Juiy, A D. 1876 10 per cant of tue dutick on fmporta_wuy bo yadd in tho Treasury notos of tho United Stales, Afior the 18 duy of Juuuary, 1815, 20 por cout, After tho lev day of duly, 1875, 50 par cout, Aftor tho lst day of Junuary, 1630, 40 per cent. Afier tho lat day of July, 1§76, 50 yer Providal, owevor, that such Treasury notes shall not bo recoived 10 nij extont to ombarrasd tho Nutioual Treusury in providing for tho puyment i col of the iutercst on thie publie debt, For an amenduent to the National Danking law, ‘providing that, wheuover tho ‘Creasury notes aro T stored to the spucto standard, Natiouul Bunks wuy be carablished by ny Q. Wit persous complyLg WA wiich rules uud regulations a8 may bo provided by L. For un ameudient o tho National Bankiug law res quiring ull National Danks o Todoem thelr Dotes in tho City of Nuw York. See, 4, afler tho worda * per snnum,” on tho eloventh lne, 4dd, #and for the redemptice) of sucl certitioutes, tho Government shult provido and keep fn reserva au umount of currency ‘aquivalent, at ol timos, t the amount of such outstunding certlfcates, without diminirhing the present volumvof currency for that purpose,” Substituto for third proposition: “That after the Orst Monduy in_July, A, D, 1877, the suid Lreusur; notes of the United Bsates shull coasy to by legal-teuder for (bo puyment of any debtd, public or privaty, except ducs 10 o United States,” Also, amend tho fonrth section by edding at the ond, 'l‘mm"lnolr fusuo alisll ceaso the firat Monday of July, 871, Witznsas, Tho legak-fondor notes constitute thoe ‘mont sacrod obligations of thio Govorument ; and Wirkness, Bak logul-tender notes romaitt o forced losu notwithstanding the set of Congress, parred by 1hio Houo, Mareh 12, and tho Sonato Murch 15, 1809, whorel it was specisically deelared thut it fa the duty of tho Govarnment to redeci tho logal-tender notes &y i eurhest powsible moment: and . Wirrugas, Up to tho jresont timo fio specifo plan 1ins been adoptod wharuby stich consummation s use 70010 10 bo reached ; thioroforo, Ttesolved, ‘That tho ustional honor aud good faith alike requiro that the Goverumont should not ayall itweif of the Tight to pay off tho 5-20 bunds, unish after propor provision for the ysdemptivn of outstuude ing logul-tender notes ahull nave beon wade, Jtesolved, That on aud aftor the lst day of July, 1674, tho légal-tender notes of tho Unitod Siates shulk Lo roceivanla for dutios on jmyorts 1 tho followin suni ud proportions : For the satd montl of July, per cent, aud for every month thozoufter i increment of & per ceut nutil by wuch increments the whoie umount of duties on fmports may bo thuw peysblo, lienulved, "Plnt the Natlonal Dosrd of Trale fel it duy {noumbent upon thom to ask Oone gress to dircet tho redemption of legaldender Totew, at the oplion of tho lolder, by imsus ing intheir stoad bonds bearing intereet at thu rate of thirea and sfxty-fivo bundrodth (3 65-100) per cent per ausm 3 aatd bonds buing mado payablo o damuid principsl and fnterest {n the uld Jegak-tendor notess 11,—REATORATION OF BPROLE-PATMENT, Resolved, ‘Thut the true iutoreats of tho country @se mand & refurn to apecic-paymont st the earliest praoe ol Tist any furiher tnflation of an irredeams esolved, Thiat an; abls paper nurnnu’\um postpons the period whead