Chicago Daily Tribune Newspaper, April 24, 1874, Page 4

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e THE CHICAGO DAILY TRIBUNE: FRIDAY, APRIL 24, 1874. TERMS OF THE TRIBUNE Pl St 0] ot & at the eame rate. Toraoh 17 08 O g and e Pt Off ce address in full, including State and County. ‘Remittances may bo made either by draft, express, Post Office order, orin registercd lotters, at our risk. [or e Dals, delivered, Sunday exceptod. o5 conte per week. Dafis, celivered, Bunday included. ;fl conta per week. Adaress THE TRIBUNE COMPANY, Corner Madison and Dearbora-sts.. Uhlcago, n. e st o TO-DAY'S AMUSEMENTS. EMY OF MUSIC—Halsted stroet, hetween Mad- A oaroe, Enazemont of the Atajflion-Raynar Family. ** GabriclGrab.” between ** Boots 'RE—Randolph _street, e AT D rearaa of Dolasion. 4 le. Sk 2aasP ¥ S, powof Honor.™ £t the Swan," g KRS EATRE-Aadison strest, bstweon Boufio Troupe. ** Ls Bello Helene." IET] Desplainesstroet, betwoen Mad- L A etomec of tho Lis Weber ol Yo, Fontatnebieau, Georgo Davemport, 10, ‘ ERA-HOUSE—Monroe stroet, between 3inatrels. Minstroley and comicalities, Burlesque ol ““Tho Borde: ‘THEATRE—Corner of Wabssh sveuuo L ADELEEL TE Y ety sntartalament. AleE. Davis, Karl Lind, Logrenis, ote. CIRCUS-State and ing. S MONTGOMERY I Twenty-third streots "SOCIETY MEETINGS. QUE! & F.& A, M.—Special A LR ALY gorati, ot 19 o lock fox Communication t day eveming, work on the Third Doj attond. By order of sl g ltors cordially invited o "% TUCKYR, Secrotry. 100 Iba lower, closing at $9.65@9.70. cash, and £9.80@9.95 seller June. Meats were more active, at 3¢c per Ib lower, at 53@G6c for shoulders, 8@ 83¢c for short ribs, 9@9}4e for short clear, and 10@1lc for sweet-pickled bams. Highwines were in fair demand, and unchanged, at 94c per gallon. Lake froights were less active, and dull, at 5¢ asked for corn to Buffalo. Flour was quiot and rather essier. Wheal was active and 3{@Ic lower, closing at $1.23¢ cash, and $1.94@1.243 scller May. Corn was dull and 3¢c lower, closing st 633c cash, and 63%c seller May. Osts were steady st @3 decline, closing at 458(c cash, and 463{c seller May. Rye was quiet and easier at 92c. Barley was dull and nominally essier. Hogs were in large sup- ply, and sold lower, the decline reaching 10@ 15c. Cattle were dull and Y{c lower. Sheep raled quiet and easy. The German papers have been raising s great howl sbout the bill defining and limiting the rights of citizens which is now pending in the Houss of Represoutatives. Special objection is urged to a section doclaring as not subject to the jurisdiction of the United States naturalized persons who shall be arrested in their native land for crimes committed prior to their emigration to this country. There is no doubt that the position here assumed is in accordance with sound international law. At avy rate, the section complained of is covered by treaty stipulations with Norway, Sweden, the’ North Gorman Union, Austria, Bavaris, and_Bel- gium: and does not affect the great majority of DGENO. 42, A. F. & A M..Tegu- 1ar A v bo Beid at, ine il 710 Gottag B oo Friday ovonin, April 9, 181, Work on the Fhira Dogros. The {raternity are cordially tavited. Byorderol tha W- 2y o GHADWIOK, Secretary. OTT'S BATTERY.—All mombers will re- pnxfin:lrx[frggdn ‘meeting night, sharp, to complate our i Dt G Hieroorr. The Chicags Teibune, Fridsy Morning, April 24, 1874. naturalized Germans in the United States. banm, under date of April 10, 1874. Thereupon the Judge directed the Assigneo to sell tho property to Mr. Greenebaum for the amount named. It appears, from statements made to our re- porter by Mr. Hesing, and also by Mr. Vocke (the Assignee), that Mr. Hesing's pecuniary af- 1nirs had become very much embarrassed by his indorsement of the paper of the Garden City Manufacturing and Bupply Company to the amount of $225,000; that Mr. Hesing had told the creditors of this Company that he would pay every dollar of these indorsements if they would give him time, which they consented to do; that ho was then, and is now, paying off these claims 28 fast as hocan; that he told Judge Blodgett all the circumstances; that the Judge romarked that Mr. Hesing scomed to be insolvent; that Mr. Hesing admitted that he would be insolvent it forced to pay everything at once, but that he was in good credit snd could pay everything in full 1f he could get time; that if judgment were obtained against him on these notes to the Germsania Company his other creditors would come in and get judgment also—in other words, he would be thrown into bankruptcy, and his creditors would not get more than 20 cents on the dollar. It appesrs from Mr. Vocke's statoment that the Judge took the same view of the matter, and decided that it would be best for the creditors of the Germania Insurance Com- pany to take 20 cents on the dollar, in order that the creditors of the Garden City Manu- facturing and Bupply Company might get 16) cents on the dollar. BMr. Vocke, in answer to an interrogatory, expresses the opinion that the stock of the IUinois Slaals-Zeitung Company Accounts of the floods in Lousians, published this morning, represent the damage and suffer- ing caused by them as more gerious than at firat reported. The levees have broken badly in many places, sud water lies over a vast section of country to & considerable depth. A bill bas already passed Cougress and been signed by the President providing for the issue of army rations to the sufferers ; relief committees have been organized in Boston and other cities, but as yet Chicago has made Now that the Senate Carrency bill has been vetoed, what has Congress to show for its labors during the winter? The investigations certainly £ro nothing o be proud of. — Gen. Batler has been invited to give his views on the finances to a Boston sudience. The Sen- ators from Tilinois ought to spesk out. Any- thing to break their ominous silence. Their viows at this time wonld be interesting and val- nablo for fature reference. We implore them ot to lot their constituents burat in ignorance. Senator Hamlin very sensibly protests against wasting any more time over tho Louisiars mat- ter. There is not a member of Congress who has not made up his mind as to the merits of the question. Senators Carpenter and Morton might talk ill the crack of doom, and they +would not change & vote. The dobate is becom- ing almost a8 great s nuisance 08 that over the Currency bill — e For the sake of our national honor, all parties sgreed in hoping that thero were no further depths to the infamy of the Sanborn business. These hopes are not to be realized, if we may trust the Washington dispatches. It is alleged that additional disclosures have been made, and that the Sergesut-at-Arms of the Scnate has captured in Kew York City the witnesses neces- sary to eatcblish the fresl charges. Ar. Gladstons made a neat turn upon the Dis- 1o responso, or st least a very inadoquate one, to the cries of this starving people. Some of our ublic-spirited citizens should take the initistive in the organization of & relief committce. They swould not lack sympathy and generous support. HOW THE VETO IS RECEIVED. Prominent Senators aro making various injo- dicious remarks about their President and their party. Morton, Logan, Carpenter, West, Har- vey, Ingalls, Pratt, Pease, Forry (Mich'), and Oglesby are reported, by special to the Infer- Ucean, to bave held & caucus, which was “far from pleased with the veto as s party measure,” and which showed “a purpose to take s straight and open issuo with the President on this mat- ter.” Morton is to lead off, and Logah, enriched by study during the spare hours of a whole week, will follow. There was a little Con- gressional flurry yesterday on tho question. A couple of resolutions, asking why the National Bank currency hsd nob been redistributed, were referred in the House. The suswer to the question is ecasy. Nobody in the West or South, with money enough to start a National Baok, wishes to do so, Hence the $95,000,000 surplus of the Esstern States has been left untouched. In the Senate, Davis, of West Virginis, wanted to favor the establish- ment of State banks, and rebuked the President for falee statements in his veto-message. Outside of Congress, in business circles, we hear of little except rejoicing. Yet the Infer- reeli Government yesterdsy by complimenting Sir Stafford Northcoto for the excellent condi- tion of the national finances. The amount of administrative ability which is required to ren- der » favorable report when the wisdom of & previons Ministry has provided the facts to be reported, can be easily caleulated. Northcote is one of Gladstone's pupils. He will live and learn. Starkwentler, of Connecticut, recited tho whole history of his famous letter to Huntington to the House of Representatives jyesterday. o was, it appears, the object of Huntmgton's 2dmiration ; and that gentleman had expressed a wish to subscribo for his ro-clection. When the time came for the redemption of the obliga- tion thus voluntarily sssumed, Starkweather wrote to Huntington, and asked for *help.” His lotter and the obtaining of “help” had nothing st all to do with the District Board of Public Works. Mr. Sterkweather's explanation is good. Attorney-General Edsall has patched up the slovenly work of the Iast Illinois Legislature in the matter of printing the Revised Statutes. Tho law of 1865 will be disregarded, and Mr. Hurd will carry out the provisions of the new law at 80 leisurely arate 05 to bo ready for the printer about the time it goes into operation. Now is Mr. Gross' opportunily. He will doubtless avail Rimself of the legislatise blunder to issue and sell the statutes gn Ins own account, and thus forestall tho salo of the State edition. So tho incompetency of the geutlemen who framed the 1aw of 1874 will in tho end cost tho poople dear. Alexander Mitchell has delivered the ultimatum of the Wisconsin railroad officials. Now the in- quiry is, What are the poople of Wisconsin going to do about it? A dispatch from Milwaukee quotes Mr. Mitchell as having ventured the opinion that sn extra session will be summoned toreconsider the law. It may safely be asserted that in this instance the wish is father to the thought. Mr. Mitchell's curiosity as to the in- tentions of tho people will bo eatisfied shortly aftor the railroad compames have ceased running trains. There is an eloment of uncertainty sbont the people which cannot be set aside before tirey have spoken and acted. Fim—inanrl'nco interests must certainly derive great sdvantage from the deliberations of the National Board of Fire Underwriters. The ses- sion of that body in New York yesterday was in its way s model one. The agents had come to- gether for the purpose of exchanging views on matters of interest pertaining to their business ; and they paid strict attention to the object of their moeting. Tho statistical information far- nished by the General Agent of the Board as to the causes of fires in cities, the amounts in- sured in different classes of hazards, and the loss and gain in each instance, is almost indispensable to intolligent underwritmg, and it cau only be obtained by & voluntary combina- tion of leading companies, such as joined in the formation of the National Board. There is room for more organizations like that of the insurance men. The Chicago produce markets were generally weak yesterday, with rather less business doing. 2Mess perk was dull and beavy, closing 15¢ par bl lower, at §16.80@16.85 cash, and £16.45@ 16.50 seller June, Lard was tame, and 10c per Ocean is not happy. It has so often proclaimed itself **independent in othing™ thsi 1t is griev- ous to be obliged to say hard things about any member of the Republicar church,—we mean party. It thinks the President was “over- whelmed by svalanches of lobbyists™ til his “own better judgment and the voice of the masses were satifled.” The “gleek and favored ones” are happy over the veto. The ** poor and needy ” are not. The latter statement explains the Infer-Ocean’s un- bappiness. The Post and Mail makes desper- ate exertions to keop on both sides of the fenco that now divides Loganand Grant. The Journal say8 the veto “ means a stoppage of the shin- plaster factory,” and regards it “gs the bravest and grandest act of the President’s civil life.” A large number of bankers and business men in this city havo been interviewed. Almost with- out exception, they indorse the veto. The Eame rule applies elsewhere. Rochester fires a hundred guns in sign of rejoic- ing. The National Board of Fire Under- writers, which represents over 75,000,000 of capital, congratulates Grant on the veto without respect to party. It docs 80 “amid uproarious applause.” The press everywhere is happy over the unexpected result. AMassachusetts papers are joyous over one of the best festures of the matter,—the stunning rebuff to Butler, who boasted to Congress, but & fow days 850, that the President would sign the Senate bill. In this city nine-tenths of the business men gustain tho veto. Tho real estate dealers, how- over, generally condemn it, and the working- men, 8o far a8 we can judge, are likewise opposed to it. THE GERMANIA INSURANCE COMPANY. The action of Judgo Blodgett, of the United States District Court, in ordering the Assignee of the Germania Insurance Company (in bank- raptey) to sell two promissory potes of Ar. A. C. Hesing, amounting to $15000 and three years' interest, secured by collaterals, st private sale for 5,000, requires some better explanation than has yet been given. The facts in the case are substantially these: Mr. Hesing was s stockholder in the Germania Company, and had given his noted, to the amount of $15,000, in pasment of his stock, securing the same by the pledge of $17,000 of the stock of the Illinois Staats - Zeitung Company. When the great fire occurred, and the Company bocame insolvent, the potics-holders beczme en- titled to tho capital and sesets of the bankrupt estate. Included in tho capital was tho note of Mr. Hesing secured 8s aforesaid. It was the duty of the Assignee to collect the notes and convert the assets in his hands for the benefit of the creditors. It appears that there wers cer- tain asgets in his hands which were classed as “desperate "—that is, of very little value. By direction of the Court these wero ordered to be advertised a certain pumber of days and sold st public sale. Afr Hesing's notes and collaterals were not, however, putinto the advertised list. On the contrary, the Judge, on the Tth inst., made an order directing the Asaignee to send a circular leiter to certain bankers and individusls offering the notes and securities at private eale, nnd asking what they wonld be willing to pay for them. Seven of the persons so addressgd declined to no- is worth from 200 to 800 per cant—that is, two or three times the amount of the notes. We take it that nobody, except poesibly Judge Blodgott, supposes it is worth loss than the face of the notes and sccrued interest. We donot sce how Mr. Hesing gains any ad- vantago in the transsction unless Mr. Greene- paum consonts to give him more time than the Assignee of tho Germanis Insurance Company, in whose shoes he now stands as a creditor of Mr. Hesing, could give. What we object to s that the ordinary course of justice was interrupted by an arbi- trary judicial act, to the detriment of the crod- itors of a bankrupt estate. Fair dealing re- quired that the Assignee, under direction of the Court, should use the same diligence in collect- g theso notes that a private individual would use in collecting his own claims. Indeed, ® pri- vate individual might use lees diligence than an Assignee, since the latter acts in a fiduciary capacity, ahd cunnot consult his own feelings and sympathies. A private individual really de- siring to collect this debt would, aftor default, have advertised the security and sold it, and then, if any balance had remained, would have obtsined judgment for such balance. This is precisely what was not done in this case. THE NEW INSURRECTION. On Wednesday night there was a gathering in ‘Washington, at the rooms of Sensator Morton, of conspirators against the peace and harmony of the Republican party. The Inler- Ocean informs the public that Senators Logan snd Oglesby, with others, were present. This is portentous. Are Benators to be allowed to sct themsolves up in opposition, and secretly conspire to deride, distract, and eventaally destroy the Republican party? These men represent but detached por- tions of the party, while the President repre- sents the whole party. But the wrath of the in- surgents is not the less intense, They ngreed to treat the President as sn enemy, and to de- nounce his policy as instigated by the capitalists of the Eastern cities. A rebellion is to be insti- tuted against the President more vigorous than was started against Andrew Johnson. Already they declare & purpose to elect s Congress this fall that shall overwhelm the President’s policy and show him where he stands. ‘We call the attention of the party in Illinois and the West generally to the hostile atitude of these rebellious Republicans in Congress. They have declared war upon the President elected by the Republican party. ‘They propose to make matters so warm for him that he will havo to swallow his own convictions, and accept from them conditions on which he may finish out hig term. They claim to be the Republican party, when every one knows the President has ‘been recognized as the head of the party for ever 80 long. Alr. Sumner and others claimed the right to act independently of the President and to oppose Lis policy, and we all know what came of it. Bo wide-spread and bitter is this insurrection that even old Bimon Cameron ven- tures to say the President has done wrong. It has been but a few days since the Republican State Committes of Ilinois beld & sesssion in this "city, and re- golved to stand by the President and Senators Logan aod Oglesby on the currency question; and the Inter-Ocean, which boasts that itis ““in- dependent in nothing,” declared ita purpose to sustain the President and Congross in their joint efforts to inflate the currency. Where are these people to-day? Do they stand withthe President in upholdiog his policy as declared in all his annual messages, and inall the platforms of the party, andin sll tho legislation of Con- gress ? or are they infconnsel with the seceders, insurrectionists, the rebels in Congress under Morton and Logan? Bball the Preeident appeal to the Republican party against these rebels and conspirators, snd appeal in vain? He bas only toreach out and take by the throat afew thou- sand postmasters, route sgents, collectors, as- sessors, pension ageats, etc., to bring order out of the political chaos in which the insurgents would plunge the party. MOLASSES AND WATER. The Rev. Arthur Edwards, editor of the Xorth- western Christian Adrocate, whose recent pane- gyTic of triturated currant-jelly mixed with wa- ter a8 an unfermented wine created such aston- ishment at the recent ministers’ meeting, hag printed his screed upon temperance, in which he Inbors valiantly with tirosh, yayin, and shechar, to show that the Bible condemns the use of fer- mented wine. Upon these points and the exact significance and epplication of these terms for wine, in its varlous stages, the Rabbi Felsenthal has o completely demolished the Rev. Edwards, in his communications to Tae Tmmuse, that there is nothing left to be said. There is another point, how- ever, which nesds some littlo notice. The Rev. Edwards says: “It iz as legitimate for us to clsim that if there is but one Bible wine it was always unfermented, as for others to say that that one kind was alwaye fermented.” In con- sidering this point, it is only necessary to show where the Rev. Edwards' unfermented theory will land him. * What is unfermented wine? The juice of the buy the securities at all. Four of them offered various sums rauging from $8,750 to 85,000, Tho latset sum #as ofeced by ilr, Henry Grosne- grape before it has begun to ferment is better known 88 must, Hooper's Lexicon Aedicum, the best suthorityom the subiect, says “itis turbid and has a very saccharine taate. It is very laxative, and, when drunk too freely or by persons disposed to diarrhes, is apt to occasion this digorder.” There is not one personin a hundred who can drink unfermented wine, a8 the Bible patristchs are represented to have drunk it, withont being sick after the operation. It is 1n the nature of the grape to ferment, or, 28 the Rev. Edwards would pnt it, it is in the innate depravity of the grape to ferment, and this fact the Bavior had in view when he said: “No man putteth new wine into old skius. New leather-bottles were required to resist the total depravity of the grape. If wine does not fermont out of the stomach, it will forment in it, with what results the Rev, Edwards or any oue else can ascortain by trying & few glasses of the juice, doctor it in sny way they like. There is no process, and thero never will be any process, by which unfermented wine can be made nutritious or wholesome. The Rev. Ed- wards' favorite beverage is triturated currant- jelly mixed with water. Now lot him try a gob- let of currant-juice just expressed; a glass of wort from the brewing tub; & fow glasses of sweat cider; a goblet or two of grape-juice. He will find them sweet and delicious in the mouth, but we will wager considerable that he would prefer to take a threc-dsys’ head-ache after fer- mented wine-drinking than the stomach-ache and the pangs in the adjacent regions he will have after one bout st the liquid he calls unfer- mented wine. Is this the stafl with which Mel- chisedeck feasted Abraham? Is this the stuff which Paul advised Timothy to pus into his stomach, when poor Timothy's stomach was already out of order? Is it likely that Paul was such a quack a8 to sdvise Timothy, who was suffering from indigestion, to take & medicine which would bring on sn inevitable attack of colic and diarrhea in addi- tion to his other trouble? Dr. J. W. Draper, the eminent chemist, saya: “The juice of the grape when first oxpreased is not an intoxicating liquor ; it contains no alcohol. It may be with- out much error regarded as a compound of sugar and water and » ferment.” What the effoct of this stuff is nowadsys any of the Rev. Edwards’ contemporaries can tell him. The boy who has made a stelthy raid upon a cider-mill, or who has chewed too much of the tempting sugar- ¢ano, the servant girl who has been tempted to overload herself with the delicious juice of the ourrant or the grape during the season when tho thrifty housewifo is manufacturing home-made wine, and harvesters who have indulged in too much molasses and water, which 1 only an- other form of the unfermented juice, can elo- quently testify as to the effect. Let us still farther apply the Bev. Edwards' theory to the Scriptural allusions to drinking. Are weto believe that the Lord was called byhis encnies & wine-bibbersfor drinking sugar and water ? Are we to beliove that, at the marriage festival in Cana of Galilee, after the guests had already become very convivial, the Lord trans- formed water into molasses and water, and that the Governor was £0 far gone he thought it was the good wino reserved till the last ? When the Bible eays: “ Give strong drink to the unfor- tunate and wine to those that are of a heavy heart; let such a cne drink, that he may forget his poverty and remember his misery 1o more,” does the Bible refer to molagses and water? Does this compound tend to make s man forget misery? When again the Bible says: “Thou shalt lay out that money for ‘whatsoever thy soul longeth for, for wine, or for strong drink, or for whataoever thy soul desires, acd thou shalt rejoice,” etc., does the Bible re- for to molasses and water? Are we to under- stand that in Noah's celebrated apree in his vine- yard, Abraham's drinking: when Isaac was weaned, and Issac’s wine-party gisen in honor of Abimelech, sugur and water were the drinks in demand? Did Jacodb give his father mo- lasses and water to driok, and did Joseph, when he drank largely with his brethren, get merry on molasses and water? Are we 10 believe, a8 we must, if wo accept the Rev. Edwards’ theory, that Moses, and Asron, and Nadab, and Abihu, snd seventy of the elders of Israel, on a certain occasion did eat and drink molasses and water? Are we to charge the Scriptural readings and learn from the inspired Pealmist that *‘ molasses and water gladdens man’s heart,” and listen to Bolomon's advice, “ Drink, ye triends, drink abundantly of molasses and water,” and mourn with Isaish that ‘‘the molasses and water mourneth, the vine Ilanguishes, there is nomore drinking of sugar and water amidst singing "7 If this be 60,—if sugar and water had such disastrous effects upon Noah, Abraham, Moses, Aaron, Tsasc, Josoph, Isaiah, Solomon, David, and Jacob as to intoxicate them quite often,—then is there danger that the Rev. Ed- wards some day may find himself o hilariously excited over his currant-jelly and water that he will not know the difference between shechar, yayin, or tirosh. If these be the effects of molasses snd water, look not upon the currant- jelly when it is red. — THE VETO MESSAGE. The President’s message returning the Senate Currency bill withont his approval has themerit of being short and pointed. To understand the veto, it is well to underatand what the bill pro- vided. Itdeclared that the maximum amount of United Btates notes should be four hundred millions of dollars. This had been the original limitation ; in 1866 Congress authorized a con- traction, and the amount was rednced to three hundred and fifty-six millions. In 1867 Con- gress repealed the authority to reduce the amount of currency. The amount of outstand- 10g notes remained unchanged until, in 1872, the exigencies of some speculstors in New York enabled Becretary Boutwell to discover that the forty-four millions of notes redeemed and canceled in 1866-'67 were a *‘reserva" which the Treasury might issue or not, at its discretion ; and he thereupon ordered that sev- eral millions of this currency should be placed on deposit in New York to make the market easy. This matter was investigated, and the Sonate Commitiee on Finance reported that the reissue of any portion cf the 44,000,000 was unauthorized by law. However, in 1873, when the panic came, the President and the Secretary repeated the operation, and issned, from time to time, $26,000,000 of the $44,000,000 of so-called tregerve.” When this bill passed Congress, the amount of UnitedStates notes actually outstand- ing was 8382,000,000. The bill, as it paseed the Honse, was intended tolegalize the questionable act of issuing the reserve at all, and the limit was placed 80 as to include the whole of it. In addition to this, the bill authorized an in- crease of £46,000,000 of National Bank notes, placing, however, some important restraints upon the banks. This is the bill the President has vetoed. The Presldert, in stating hia objections, ad- mita that it is questionable whether the bill mighs not tn fxct have had the effest of contract ing rather than expanding the currency, but he justly holds that the bill theoretically increases the irrodeemable paper circulation 100,000,000, and has been supported on that assumption. Should the bill fail to have this effect, it would result in a demand for additional inflation. This theory, m his opinion, was & departure from the true principles of finance, Da- tional obligations to creditors, Congres- sional promises, party pladges, and from the positions taken by him in every annual messsge, and in his inaugural addrees. His statement of the action of Congress and of the Government on this question clearly shows that the nation is solemnly pledged to make provision at the earliest practicable moment for the redemption of the United States notes in coin. The Presi- dent claims that the 844,000,000 of currency in excess of the $350,000,000 are s reserve, snd & nocéssaryone, o bo held to meet any’emergency, and for the redemption of the fractiopal cur- rency. Ho thinks that upon the least tendoncy tospecie payments this fractional carrency will be roturned for redemption, and specie will rapidly take its place. The President further argues that when the United States notes authorized to be issued shall be reduced permanently to within proper limits; the premium in gold brought to » low point, snd the Treasury 8o strengthened that it can rodeem tiiese notes in coin, then it will be safe toin- augurate a system of freo banking. He does not approve of froe banking when the bank cur- roncy is redeemable only in another currencynot redeemable at all. He thinks the claim that there should be free banking because several Btates have lass than their quota is answered, at least for the preseut, by the fact that there aro $4,000,000 of suthorized bank circalation as- signed to States having less than their quots which have not been applied for. ‘This message is calculated to have a beneficial effect upon the business of the comntry. It practically prevents inflation for thres yoars to come. It therefore gives that lease of stability to the national finances. It will emancipato the capital that has been virtually locked up sinco last fall, afraid to venture inio new enterprises while the action of the Govern- ‘ment was uncertain. It will give stability to all branches of business ; give fixed values to real estate and all other commodities ; and generally restore commerce and trade of all kinds to a ‘more healthfal condition than they have'been in since the panic of last September. The message will prove beneficial to the national credit for another reason. The ro- capitulation of the natioual pledges to 'return to Bpecie payments at an early day, accompanied by & declaration of the Executive that those pledges must be maintained, will remove the damaging suspicions of American honesty which haye been produced by the speeches of eome of our go-called leading statesmen, and by the even more significant votes of a majority in each House of Congress. It will be encouraging to our national and our personalcredit the world over to know that the President is ‘“*not s be- liever in any artificial method of making paper money equal to coin when coin is not held ready to redeem it; " and that “ paper mopey is noth~ ing more than promises to pay, and is valuable only in proportion to the amount of coin that it can be converted into.” The argument of the President seems to us to be conclusive, and wo do not hesitate to give him full credit for the firmness with which he haa performed his duty to the country in the face of hostile majorities in both branches of Congress. MR. SUMNER'S BOOK. The time when men * finished their educa— tion ® with their gradustion at college snd finished their work in time to pass a quiet old sge of many years has passed . The study and the toil of = lifetime are now the essentials of high success. The men who are remembered for something besides the accidents of place and power die in the harness. When death comes, itfinds the statesman still urging some measure, the morchant still at the head of his firm, the man of letters still penning ’the paragraphs of his book. The mechanism of the brain works at- high pressure, and is brought 'to s violent stop when at full speed. Senator Sumner combined the statesman and the msn of letters, perhaps to the disedvantage of each. His speeches were overcrowded with the results of his reading, and his few non-political publications are marked with something of the arrogant tone that be- comes 8 gccond nature in 8 man who, in aloug volitical life, is always at one or the other ex- treme—either 1 a hopeless minority or an over- whelming majority. He left something unfin- ished in each capacity. His Civil-Rights bill was drawn up and his book oa * Prophetic Voices Concerning America™ was written, but the one 'was not passed and the other was not published. The latter will be issued, however, this week. It begins with the prophecy of Senecs, in + Medea,” which Archbishop Whateley trans- lated: * There shall come a time in later ages when ocean shall relax his chains and a vast continent appear, and & pilot shall find new worlds, and Thule shall be no moro earth's bounds.” If this vague prediction hed been in the Bible, the discovery of America would ever be cited a8 a proof of prophecy. Seneca's words have been often commented npon. Bacon calls them *a prophecy of the discovery of America.” Fox wrote: ‘‘The prophecy in Seneca's ‘Medea’ is very curious, indeed.” Irving called tho prediction * wonderfuily ap- posite;” said it showed *how nearly the warm imsgination of a poet may approach to proph- ecy,” and used it 28 & motto for bis “Life of Columbue.” Mr. Sumnper shows that Columbus himself had read this passage before his voyage. A wide range of quotations from Strabo, Pulci, Dray ton, Milton, etc., down to Turgot, Horace Wal- pole, snd Johu Adams follows. Most of them aro flsttering enough o excuse our occasionally 100 lofty airs. Judge Sewall, throngh whose veins much of the Boston blue-blood of to-day once flowed, wrote, in 1727: ““And one that has. been born, or but liv'd in America mora than three-score years; it may be pardouable for him. to ask: ¢ Why may not that be the place of New- Jerusalem ?'” The question would be an essy one to answer now. George Herbert wrote : Religion stands on tiptos in our land, Ready to pass to the American strand. The verses were refused license at first, and. could not be published. Americans wers no bebindband in similar landations. The Rev. William Morril, a settler of 1623, eaid of New England: A grandchild to earth's paradise is born, Well umbed, well nerved, falr, sweet, yet forlorn. The Rov. Nathaniel Ward, of Ipawich, Mass., wrote in 1645 : 8¢ farewell England old ! 1 evil times ensue Let good men come to us, Weell welcome them to New, A couplet of unknown origin, The exstez= nations aink, their glory ends, And empiry rises where the sun descends, is eaid to have been drilled by the Puri- tans into a rock on the shore mnear Plym- outh,—an unlikely story, for the Mayflower's passoogers had no time to spare for such sentimentality. Jefferson, by the way, always insisted that the epigram, ‘' Rebellion to tyranta is obedience to God,” was originally in- scribed on 8 caonon fh Jamaies in honor of the rogicids Bradshiaw, Berkaloy's famous * Yerses on the Prospect of Planting Arts and Learning in America,” with their more famous line: ‘Weatward the courso of empire takes its way, were written in 1726, when he was receiving sub- scriptions in 8id of a “Schome for Converting the Savage Americans to Christianity by a College to be erected in the Summer islands, otherwise called the Isles of Bermuds.” The notable phrase is usually misquoted. People speak of the *star of empire” taking its westward way. In 1745, D'Argenson predicted that America would become independent, would be great and happy. Ho exclaimed: And you will then see how the earth will be beauti- ful! What culture! What new arts and new sclences! ‘What safety for commerca! Navigstion will pre- cipitste all the peoples toward each other. A day will come when one will go in a populous and regulsted city of Callfornia 23 one goes in tho atsge-coach of Meaux, Turgot spoke of Awmerica’s fature in glowing terms. Horace Walpole wrote, in March, 1754, of the danger of an American revolt. In his 4 Memories of the Last Ten Years of the Reign of George IL.,” he gives somo glimpses of tha slip-shod way 1n which the Colonies were ruled. Spoaking of the Duke of Newcastle, Secretary of State for the Colonies during Bir Robert Wal- pole's administration, he ssya: It would not be credited what reams of papers, rep- Tesentations, memorials, petitions from that quarter of the world [the Coloriles] lsy molding and unopened in his office. No wonder that great communitics treated with such scorn revolted. The student of their history will find in this last work of Benator Sumner's brain » mass of odd information that shows at once the catholicity of the suthor's reading, and the warmth of his love for his country. PR~ S o The chsmpion jury has been eo frequently 'found that the public begin to rank it with the universal life-restorer, perpetual motion, the Christian statesman, and other theorotical enti- ties. We are non-committal on this point, but think the American Continent at least will find it hard to beat & jury recently impaneled in Mon- treal. We are guarded, because previous ex- perience teaches that human stupidity cryatat- ized in the jury-box is practically unlimited. For the consolation of victims of the intelligent jaror, we narrate the details of this modest effort of Montreal. A Montreal newspaper was defondant in a libel suit. - For three days Sve of the most brillisnt lawyera of Canada had ad- dressed the jury, and these five wrote Q. C. after their name. The learned Judge had delivered a charge of unparalleled wisdom and lucidity. The law-points were radiantly olear. The facts in the case stood out in full relief. The twelve jurors eat solemnly in the jury-box, the embodi- ment of humen serenity, patience, and sbstrac- tion. The jury retired with the Judge's charge, and deliberated long and earnestly over it. They took their places, on retarning, with the same gravity of manner. To the forma! in- quiry as to the defendant’s guilt, they responded in chorus. Some replied ** guilty,” some ““mnot guilty,” some *‘coupable,” others *‘non-coupa- Ble.” There was evideatly something wrong, and, amid much laughter, inquiries were made as to the intent of these twelve wise men. It then appeared that six of them could speak English; six of them could not under- stand a word of it. It further appesred that while the six Frenchmen did not pretend to know anything about the case at all, the other six didn’t know who were the parties to the snit. The learned Judge Insisted upon s verdict of some kind, and inguired whether the jury were agreed upon one. He was told that all except one were agreed, and he was about to discharge that remarkable jury when the one pliant ex- ception cordially remsarked : * Elevenof the jury find the defendants guilty. I don’t think they are; however, I acquiesce,” whereupon a verdict of guilty was entered against the defendants. It need not be added that the case waa appealed. We confess a feeling of satisfaction over the case a3 being really the most remarkable possi- ble. Anytning sbout a jury less dignified and intelligent will be cordially welcomed. The Bouth is invited to compete. —_—— There appesrs to be need fora strong aboli- tionist movement in England. Mr. M. D. Con- way hasbeen attending meetings in London held for the purpose of suppressing s disgrace- ful form of glavery in India. Two Hindoo gen- tlemen, whom he describes 28 men of states- manuke sbilityand rare culture, are sgitating the protection of the natives from the croelty and oppression of the whites. The most abomi- nable despot of the day, in & mean way, is un- doubtedly the petty magistrate of a Hindoo dis- trict, an Englishmaun without regard for humani- ty. The persecutions imposed by these misera- ble hirelings upon the natives have long been the theme of 8t. James' Hall, but their very existence is due to an unjust discrimination between natives and whites in the criminal procedure. One of the speakers at the meeting of which Mr. Conway writes saya: **So recently us two years ago Mr. Cowan, Deputy Commissioner of Umbala, with- out trial, blew out of guns forty-nine Kookas who had taken part in a disturbance. His only punishment for s crime King Koffee never matched was suspension from office.” Similar atrocities were narrated by the Hindoos and corroborated by white gentlemen and ladies who were qualified by Indian experienco to speak in- telligently on this sabject. Bo far, the Hindoo missioparies in England have met with s little success as English missionaries in Indis. They have had small audiences, and fail to attract attention. John Bull hates to have foreigners finding fatlt with him, no matter whether tho cause is just ornct, He is not particularly open to flaitery, but tv unpalatable truths he is as close a8 & clam, and more immovably dignified. Mr. Beecher ia evidently = candidate for mar- tyrdom, if there is any one courageous enough to pile the fagots and spply the torch. In his lsst sormon, he essayed to show why Christianity had'made such slow progress, bas- ing us arguments upon the fact that Christ was not master of &°system, that he orgamzed no sects. and never wrote anything, and that the secret of his power was owing to the fact that it was the power of a higher type of manhood than had ever been seen in the world before. In this connection, Mr. Beecher said : Church organizations bave exerted great power In the world, but I don’t think that you will find that they have exerted 88 much Influence for good as for harm. Organized Christianity Las been the poorest part of religion. It would have sunk long sgoif thera had beenno other power. It has not besn the Churc that has preserved religion, it has been religion that has preserved the Chiurch. ' It hias not been the priest- 1iood that has preserved the laity, it has been the ex- ample of the humble lives in the Iaity that has pro- served the priesthood. This, for heresy, is protty bad, but when Mr., Beecher alludes to his own position in the Con- gregational sect, he blows a trumpet blast of defiance. Noticing the fact that it had been said to him, “If you are so impressed with these liberal ideas, why don't you go out from the Congregationalista?” I stay here,” said Mr. Beecher, *‘because there are men that say that Congregationsal ministers shall not atand in the pulpit and #ay certain things, and I say that they dfiall” [Grest spplause.] There is-no mistaking this langusge. It is peremptory, deflsnt, and emphatic, and coming so soon after the Congregational Council, it has unusual significance. The gauntlet i thrown into the arens. Who will pick it up ? An Omsaha ssloon-keeper deserves to carry off the palm for strategy in desling with the cru- saders, or crusader, rather, as there was but one in this instance,—a Miss Garrison, who has been making herself rather conspicuous in cru- sading alone. On this occesion she had taken Pposaession of one Capt Lee's saloon, Among the audience which gatnered was the notorious Teannie C. Claflin, who happened to be in Omabhs, woliciting subscriptions for her paper. The Captain saw his opportunity, and, knowing the penchant of Temnie for talk, he intro- duced her to the crusader. Immediately Miss Claflin wanted to know what Miss Garrison was gong to do, to which the latter roplied she was going to reform the den sho was in. Miss Claflin retorted that she -umuumnmum«m;mqun sisters in Omahs. This little spark conflagration. The two wnmenpwantu;':d::,d i and take, and wazed hotter snd hotter 5 L progressod. After sbont half an hours harg sparring, Miss Claflio was evidently getting thy best of it, and Miss Garrison theroupen sy up & hymn. Tennie, however, wasn't to be down. Bhe kopt st her work, and finally droy Miss Garrison away, but followed her up, and g,: anght we know they are still at it. Capt, Ley bowever, is pot harassed any longer by th crusaders. Of thres Christian pastors who bade to their congregations in New York on Bandy, only one did 8o voluntarily. The Rav. W'J.Hu:; Adams, of tho Madison Bquare Presbytariyy Church, resigned bia trust after forty yoary' so tive servics in the Christian ministry of Ney York, during which term no breath of ever attached to his name. 1n violent contrag with this usefal and honored service ia the careey of the Rov. fTunas Titus Kendrick, pastar of the Grand Btreet Methodist Church, Williamy. burgh, who has been prominently befors the world for the past few weeks endeavoring o ge, fond hirself from the charges of drunkennggy and immorality. Mr. Kendrick endeavored t, break into the church in contompt of an injunction eerved upon him, gpq sddreased an excited mob on the strest fromy dry-goods box. He was heard with aiternsty cheers and groans, aod S0 gieat wag the dis- turbance that the police were compelled to dis- perse the crowd. The third retiring pastor wag the Rev. Alvah Wiswall, an assistant clargrmen of Trinity Parish. Thero sppeared to b ng flagrant misdemeanor upon the part of thig clergyman, beyond & divorce suit instituted his wife. The grounds upon which Mrs, Wi wall makes her complaifit are adultery and mig. management of ber property, neither of which have been proven against him. The Vestry of Trinity Church, hovever, settle the matter j advance of the courts. They exonerate Mlr. is. wall from the charge and call for his redigns. tion. A preacher, like Cesar's wife, should by above suspicion. This seems to be their Tmotive, and their discipline certainly compares well wish the sction of Mr. Eendrick's congrogation, tny Iadies of which, as usual, supported their pastor in apite of the damaging testimony sguinst hir, and participated in tho stroot-mob which yielded only to treatment by the polico. If such events as these are signa of the times, the times are out of joint. —_— New Orleans has had another affair of honor nearly as langhable as the colored-Senator fighs of afew wecks since. Two petty tradesmen quarreled—over the price of tea, or molasses, or something. Of course, it became necasaary for each to ornament the vacant walls of the city with posters denouncing both as blsckguards, liars, cowards, thieves,—everything but mur- derers. The party aggrieved theroupon chal- lenged the other party to fight with pistols. Mr. Bachemin, tho challenged party, suddenly found himself drawn for the Grand Jury, and thera- fore could mot fight. When] he fonnd himsalf without other excuse, be caused the arrest of both himself and his opponent, Mr. Wood Even this would wmot satisfy honor. The parties had to fight. Accordingly, s remote place in Mississippi, Tonline, 43 miles from New Orleans, was chosen, and there the two raging tradesmen fought for honor, Mr, Bachemin receiving aflesh-wound in the hip. It became evident, however, that somebody had endeavorad to protect himself, for after the first shot & party, headed by the Sheriff, surrounded the party and arrested them all,—principaly seconds, and reporters. Of course, no Missis sippi Sheriff would interfere in & duol withoa! farewaly being well paid forit. Previous efforts to avoit “perforation point to Mr. Bachemin, the valissf corner grocer, a8 the hero of this thresdbas stratagem. From tragedy to comedy, duclingia the South is rapidly degenerating to its proper level—farce. Gov. Moses, of South Carolina, has been lssd- ing his people out of bondage, and the ditizezs of Columbia are greatly disgusted at this rever- mon to first principles. It appears thatsfsx dayssince twenty-seven persons of donbtfal odlor, but certain character, thronged the passiged of the Btate-House. They were penuiles, ragged, and threatening. They had just been released from the penitentiary, and nobody seemed to know whby. Thoy complained that they were refused assistanco by the penitentiary authorities, and, being without food or adequate clothing, had come to headquarters to obtain what they wanted. The record of the Govern- or's office furnishes no clue to their sudden re- leaso, and the Columbis Union-Herald pro- nources the affair irregular and illegal. Ieis just posaible that the modern Moses has been laying down new laws for himself, without tbe congent of even his freedmen. The people ot Columbia are fearful lest the latercode shoold contain & clause directing the ex-convicts ta spoil the Egyptiana, which from present sppesr- ances they seem quite roady to do. _— There are some dozen colored gentlemen ¢ Louisville greztly opposed to street procesaions. Conviction has resched them through thet sense of political freedom—indirectly, it is trae, bat with great force. The celebration of b Fiftoeth Amendment in Louisville was, accord- ing to the Courier-Jourwal, *one of tho most disreputable, disgraceful, and outrsgeous aflairs ever witnessed 1 the dlty.” If not, Louistille deserves pity. Wo read of delicate women and children being beaten and injured; of white men assaulted by mobs of colozed citizons, and brick-bata burled with the reckless indifference shown by the colored man in the dispossl of bis ballot. It ia comforting to know thst mso? of the leaders of this celsbration wers lodg™d in jail aud fined heavily, desides being held i bonds to keep the pesce over the fiext |n_n!w~ sary. As they be unable to dgure in the next procession, it is probsble that they discountenanc it. TR e Let Hercules himself do what 5, ‘The cat will mew, and dog wil have his day. Three of them, viz: Logan, Ferry, sad f"' penter, hadtheirs the dsy that the New .m'! Commuttee visited the President to remonsirt against the inflation bil. They introded int tho room while the interview was in progres A member of the Committee, 3r. D. E. Hawlel says that “ Benator Logan stood in nlem!fls";‘ titude, with his hands in the pocketdof h: pantaloons and cigar in his month during i wholo interview. Seuator Carpenter entersl ¢ room with the cigar in his month, but aflert whilo took 1t out snd held it in his sl B% the Senators desired by their actions toespes ! contempt for the Committee, they could L& have been more successful, as the condoct? Senstor Logan was not only disconrteats ; ungentlemanly, but positively disgustiag” ! Committee, on the other hand, had fiu!rgi"m B Wednesday last. This was the day on Whis3 President vetoed the inflation bill. st s sl JMr. Froude is still hesping 3§08 m"j himself. No Irishmsn in this country bef FH0 acbe to light the pile. Unfortunstelfs Froude considers his position fire-proof. 1ast volumes of ** The English in Iretsnd, published, are said to be more bitter snd &8 1 in language than their predecessors, He b2 his statements upon the testimony of aer"": wecret papers of the Engliali Governs<™ These volumes cover s period of Irish Bt which has been sedulously concesled for pou*; calreasons, and of which no trutbful 8¢0U0 has ever yet appeared in print. 2Ir. FNP‘“VH is #aid, spares the Eoglish suthorities 88 mll: - he does the rapacious Protestadt Pariisne”” the intrigning Catholioparty. Perhaps tbe B0/ bitter languago will be found in bis BV, Irish patriots, to whom, it is understoo, *7 Froude haa devoted much space snd pston) amination. No time for such personsl would be more sppropriste than the presasé- —A Lutheran minister, in Freedow, cently refused to conduct 8 deceased 1t 108 o i r | ! ! E | E

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