Chicago Daily Tribune Newspaper, May 2, 1874, Page 2

BOARD OF TRADE. The-Afternoon--* Call-Extend- ed to Grain Yestérday. Disogreement’ Botweon Giain sud Provision Dealers, s "l . Dissailstaciion with the Action of e Divectorss Threatened, Secession of a Large Num- ber of Members. YWill Thero Bo Two Bonrds ?, Thore was gront oxoitoment on the Board of #rado yostorday. As snnounced ten days pro- viously, tho Bonrd was aalled to ordor at noon to sct upon n proposition submitted by ;the DI rootors to oxtond the ‘eall” to grain o8 woll as to provistons. Tho Board had twico bofore voted against tho proposod clinnge, and a good many of tho mombers took it as on fuault that the mat- ter should bo again submitted to thom. How-~ svor, with considerable good humor and unanim- ity, thoy again negatived tho proposal. Great, thon, wns tho astonishmont when, about half-sn- hour afterwards, thoy woro onco more ealled to ordor’by the Seoretary, and informod that, sluco tho last voto had boen taken, tho Directors had held o mooting and concluded that, inasmuch as the Dircctors had solo clinrgo of thio rooms, and had the right to say how and hen thoy should be used, and, inasmuch as tho “call” for grain had been requested by s respustablo minority of tho Board, thoey felt it to bo their duty to accede to the requost. » 1In ordor to undorstand tho feoling and its ox- tont upon this matter, 1t mll bo necossary to go back a littlo mta the history of tho Board. For & long time past many ot the heaviost tradors on "Change, espacinlly that portion of thom who live fu tho suburbs, Linve endenvored to lmit THE HOURS OF TRADING, 80 that thoy would have a littlo timo to epond at homo in tho bosom of their familios, and bo also wlo. to spend an hour or two ench doy in thoir offices, posting their books, snd otiending to corrospondence an tho othor details of ofico business, It was formerly the custom to Aesomblo on the pidowalk as carly as 7 or 8 o'clock in the morn- ing, and to continuo nhudlng around thore until tho 1ooms wero oponed for the rogular session ; then, after the closing of the rooms, to talo a short adjournmont for lunch, again stand on the pidewalk and trnde udtil 6 or 7 o'clogk in the ovening in summer time, or till dark in winter; and thoun to hold an_evoning sosslon,—at one time ot tho Sherman Houco, and at other timoa gomowhoro else. 'Phis was felt to bo a groat Exlovnuao, bocauso it obliged: many persons to 0 in constant attondanco whon thoy wished to be elsewhero, did but the market urn agoinst thom or thoir favor dur- fng their absonco, snd it was necosanr that they, cithor for thomsolves or for their customora, should bo ablo to take advantago of any rigo or fall in pricos, ' Lnst yoar, aftor aov-. oral attempls. at cutting down the hours, tho Bonrd dooldod ta commenco at 9 colock in tlie morning, and oloso at 6 in the afteruoon, but pubsequontly the time was changed to from 10 6. m, until 4 p; 3, exoert on Saturdays, whon the business day closod ot 8 o’clock in the aftar- noon, This arrangemont sulted the grain mon, who conatituto ‘tho majority of those who daily . do business on 'Change, but was oxcepted to by the z simceo ' tho might n not know considerably DEALERS IN FIOVIBIONS, who olaimoed tuac, cupocislly in wintor, thoy wors not able to transnct thoir business during the’ day, 88 many of them wero obliged to spond soy- pral hours in the packing-housos or at the Btock- Yards, Thoreupon the Loard mnde an oxception fn their favor, and tho rule has beon that any diffleulty srising out of a transactlon botweon membors mado outsido the hours' last nated should not be recosmized by the Dircctorsor the Committos of Arbitration, nnless such trananc- tion were in provitions. Tho provision dealers from that timo had a call in tho evoniug.during tho winter, and, ‘rocontly, bave bad a call for provigions in tho small ball just south of the Chambor of Comunerce, which began ot 4 o'clock, that being thoe ‘hour whon trade in ain conscs, Not long ago it was proposed gnl;nt the call slonld bo extonded to grain. This mot with o decided negativo from a majority of tho Board, who assortod that the call, as appliod to grain, yae o nuisance—that tho old plan was much botter, and that it would be a great waste of timo to them to bo obligod to attond tho call for fear tho markot should go against thom, whon thoy found it inconveniont to trado thaf way, The mattor, Lowover, was so atrongly snd porsistently prosssod by the provision denl- era that, tho Dircctors seomed to think “disore- tion tho butter part of vsior,” and accordingly thoy : vosterday sbnounced a decision which seoms to have heen raceived with great disfavor by much more than two-thirds of tho membors In nttondunce ou *Change. A grony deal of EXOITED TALK followed the announcement. Soveral membors wove in favor of circulating a paper calling per- emptenily upon the Direstors to resign en masse, Others proposed to. Pnuu a rusolution ordering that tho room should bo : closed promptly at 4 o'clock, and that no one be 'ndmitted aftor that hour. Noither of theso propositions were car- viod out yestordny, but it i thought ono of thom will bo azted on to-day. It was. also expectod that, sinco tho call of grain was announced to bogm at 4 o'clock yestorday afternoon, the grain men would attend’in force nud eudeavpr to pro- vont it, but such -waa not tho case. Tho ovent passod off - quietly, ' no intorruption boing ox- perienced, whils vory litile trading in grain was done on the oall. INTERVIEWS, . During the afteruoon o roporter oallod on sovornl prominent dealers to loarn their views respecting tho chavgo in hours, It was siated b, P G MR, OLDERSTAW, . : tho callor, that in poiit of capilal and interost roprosentod, tho socedors would outweigh the other, crowd. Il favorod the call because it gaye mare’ rolinbility to tho trade snd ostablished pricos bafore the close. i o MR, DENBLEY 5 said, in reply to tho question who was urgin; tho mattar on, that no ouo was, but that tho Di- Fectops hiold that any respuctablo mwority had s right, Lo ugo tho Lnil if thoy chose after the regu~ far hours. ¥ . NICHOLS & HELMER . oppored it bacuuso, they thought & good thing should be left-alone, : This would brenk up the method which was now working charmingly, and not substituts any advantagos. YOUXG 4 CO. wero in favor of 1t in so for a4 it tended to estab- lish envly bours of trading iu tho morping, +* 3. CHARLES COUNBLLMAN oy enid bo was uuongly in fayor of opon seles, as it ‘was the vory - best method of trading. Ilo had, to telopraph overy oveming all over the coun- try and to Europe - the state of tho' market at the closo of businoss. Under the old system,.thoro. was no telling: how the maiket gtaod, an two or_threo fellowa could put up a job and protend to mell to each othar at thoir, own flgures, so as to derango prices. When tha sales wero opon ond aboveboard that could not be dono with eafoty, as tho. party. offoring to buy or. _soll might - bo taken ‘x? and made to etick ‘to his offor, [0 wanted- an unoquivocal markot, as it was more bonest, and thoy could toll esch day what each Liud of produco was actually worth, There waa considerable foeling on the subjock ot the *call,” aud any attompt to praveat it might cause a rupture in the Board. ‘There waa no imminont dungor, however, and very likoly overything wonld move along ewoothly,” Many membors are” not agreod a8 to this prooodurg, Docaiwa tl’my; filnlm lt:mi tl:luuulz:nempl to call’ grain is.only tho result of a deliborate inton| o insult tho Board and Hoa . - ¥ORUE A BEPARATION, Tt in well known that soma gentlomen largoly interestad in the provision trade hnve for a lon; timo past boen dissntisfiod with the sotion of the Diractors In buying so_much Chambor of Com. merce stock, Thoy beliove that the stock is not worth the money, aé it was oxtonalvely watored in order to eract b new bulldlnq nftor the fire, and thiuk that the Board of Lrado would nol stay.long in ity prenent ?u-mn it it wore mat committed to the polioy of doing #n by owning a conslderablo ghave of the building, man[rv file numerous abjeotions to meoting in that bullding is tho fact that the Iixohange,room is il it of ovoniy-slght sk requiring.au..agcont of soventy-alght siepa to xeach {t, which, nnvomly on Avm} hot nml;mu: day, IntLgunl membera who are obliged to rpnu up and down stalrs seven or olght times, with bfimlmu iotont or ofherwise, during ench T R et sion.. 11 15 8180 obargod that the!: offices in the building.are o badly conatraotsd that somo’.of the prosent tonants wish to throw up thnh‘lnuoa and others havo left alroady hoosnne thoy fotn thom Incommodious, Again, 1t Is statod that cortain outside partios, who aro Interestod in the riso of roa) catato in anothor locality, which ma; bo sald to bo not far from tho presont City IIal and tho Paolfle Hotol, have offered to corlain mombors b ot froo on tho condition “that thoy will secedo from tho Bosrd of ‘I'rade and oraok A NEW DUILDING thoroon for dally use, It {a mnld Ly some that thd arrangomonla have "alrondy progressod to tho oxtont of rough plans.-havig boon drwn, uivln? n Tmm‘ oor on whiols to $1ado, thus nhyln ing tho firat-montioned objectlon, Whethor or!not thishas muoh or litllo to do with the animus of tho movemout cannot bo atated ; but |. thare fa no doubt that'the knowlodgoe that sich a proposition has boon made toutls to produce considorable_ili-feeling, as - it lo undarsiood to hnvo oaused a dlvision. in tho prat ovewin tho Board of Dirootors, It was montioned in Tug Trinune a fow days ago that somo . ) £15,000 oF TRE STOOKR of tho Chambor of Commorce had beon honght with monoy whioh had beon ordored to be ap- plied to tho. purokase. of Cook Jounty bonds, and that the faot coming to tho ears of cortain membors of tho Board RO Birong & Prossuro was brought to bonr.upon tho Diroctora that thoy ordored the stock to bo resold and the proceeds appliod to tho purpose originally Intended. t is very probablo that the ond s not yet, thongh it Ia not. impossible'that tho prosout firo may smounldor along for monthas, and ‘purhupa for yoar or two, baforo broaking out into anur- quenchable flame. —_— THE COURTS. Miscellancous R s Transacted Yosterday, PANTNERSHIP QUARREL. Henry Brinkworth filed a_ bill in the Circuit Court ugaingt Nathan E. Platt, Edwin Thorn, and TIsnac AL Maynard, for an acoount and dis- eolution of partnorship. ‘Brinkworth saxs he ontorod Into n partnorship in April, 1878, with Nathon E. Platt, in the, packing and provision Dbusiness. IHo put into tho Lusinces the use of tho establishmont Nos, 119, 121, and 123 East Tollth ntreet, n buildiug on Egan avenuo, and al#o & laxgo amount of tools, fixturcs, and machin- ery, togathor with his own time and business capnoity, As an offsot to this, Platt woo to con- tribute §20,000. Tho business appeared to bo succesaful, but complainaut enonot state’ the profits, oning to the fact that Dlati.kopt the books and money. In August last Thomn & Maynard succeeded to tho rights of Platt, and shared his half of thoprofits, Tho business con- tinned until'tho close of tho packing scason; this month, when Brinkworth called on his partnors, Platt, Thorn, and Maynard, for a atate- mont of 'the profits, This they refused to give, and ovon donied that he was s partner with fomn: Platt, Thorn & Maynard, wlio sre also carrylng on an iron business on Canal streot, kept the books of tho fim ab thiel ofiico, nnd had solo aontrol of theni, Brinkworth thovefore can not tall whothor tha businoes was profltablo or not, or what amount of monoy was. contributed by Platt, Ho necordingly noks n fult statement of - tho nffairs, » ntrior nceount, snd o dissojution of tho copartnership.’ TUE MDTUAL SECURITY INBURANCE COMPANY. The following lu.the report of Mark Kimball, Assignoo of tho dutual Seeurit; April 1, on han ollectod. ... Expended, Balinco . $22,660.96 44225 $27,000.01 2,005.43 ,185.19 THE BTATE INSUR) MPANY, 43 H. W. Bishop, Assignee of the Stato Insurance Company roportyz-- : On bund‘Apsit 1. $40,302,00 Erpended, 21890 " $40,083.19 3@ e 1TEMS, - - The Commoreinl - Ingnrance Company will x?bahly doclare adividond of 2 par cont in aly. Judgo McRoberts hns gono home. Judpge Blodgott is. still engsged with the Howell caso. 3 . UNITED STATES COUNTA. R. E. Jonkins, Assigneo of E. B. Lincoln, be- gan a auit againat H, C. Mallory and D, W, Wis-~ woll for 2,500 ront of 926 and 927 Wabash avepug, R. E. Jonkins, Assigneo of tho Commercial Insurauco Company, flled threo bills against stackhiolders of tho defungt Commorcial Insur- anco Company,—one against J. L. Woodward for $400, a sccond Afninul: J. H, Dolo for $2,000, and & thicd ngainet_Jeforson Farmer for S800 ; another nguinst Bdwin Duruham, olaiming 82,000; o fifth against W. N, Phillips, T, é{ Phillips, and G. 8. Carmichaol for $2,000; aud & sixth for 31,000 agmnst IT, Ii, Towns. The irropressible Mr. Jonkius, an Assignoo of Tzis B. Lincoln, sléo filed another bill sgainst Goorga W, Miltimore, Emily Miltimore, F. B. Woodruf, sud Honty 8. Bachao, Tho bill sats out that Livcoln, in 1873, agroed to sell No. 534 Michigan avenue to Mra, Miltimore, taking peyment afock in the Doty & Miltimoro Com- ound Axle Company. Tite sale: foll through, ‘bug Mre, Miltimore fraudulontly obtainod a dood, and put on record, A bill to tho mamo offect wos fllod fn tho Cironit Court sors timo ago, nsling ihat the dood may bo declared void'and no cloud on tho debtor's titlo, and this bill {s filed by tho As- signec. . An injunction was also obtnined in_tho bankruptey procesding n fow daya oo rostrain- ing Mre. Miltimore from entoring tho abovo~ montioned Liouso. ) BANKRUPTOY ITEB. Denigon F, Holmes filed & petition ngainst John W. Asay, of Salem, Carroll County. Peti- tioner’s demand is on two promineory notos for §278.76 in the aggrogato. It is alloged thnt Asay hoa sold ol his' property, con- gisting of horaes, cows, mules, hogs, ote., to his childron as paymout for work. dono by them whilo miuors, but the petitionor Iz nnable to harmouiza that statomont with tho fact-ho hag singo loarned : that Assy also took notos for the full ainount. A rule to show causo May 15 was issuod, and nlso an injunction to restrain.tho dobtor's childron from disposing of the proporty 80 sold then. 2 “A-provisional warrant of scizare was iseued in the caso af Moges Solomon ot al, e R. R. Donnelley was elocted Assigneo of Henry A, Sumner. SUPERIOR COURT IN TIRIER, Eeou Torront bogan s sult against R, AL, O. 8,, A. J., and O. H, Hough, claiming §1,500, . Augusts Sammoldon beghu au sotion in tres- pasa againat Stina 8, G, Jansoy, laying demages at'&6,000, . { o CIROUIT COURT, Rosina Freund began & auit for $1,800 againat Emjly 0. Johnstono,James Wishart, tnd Willlam Wisdom,. Joseph Thielen filed & me“ againat Mar- garet Wilsou and John Wilson for & mechianic’s lien to the mmount of $2,05¢ on defendnus's premises on Fulton stroct, between Lincoln and TRobey streoty. . : John Lougonfoldor sued 'John' Smith for %2,000, ) Asthiur W, Foote Logun an gclion fn sttach- ment ngaist Juhin Garrick. and ‘8, L. Oathors, olatimiug $1,200.. - i s THE COUNTY GOURT. Ia tho mattor of the catato of Willinm Briggs, ruceipts of hoira filed, eatnto declaved settlod, aud cxecutor discharged, ; «' In tho mattor of, the catatd of Jamows Roboy, notico to hoire, final account approved, eatate .declared sattled, and oxecutrix disshargod. “he cluim ot Josspli Beelsél against th cstite of Rogors Fowler lor §612 was \.\']nmlsnnd on mo- tion of claimant, and leave yrantod to withdraw aecouut, o e ‘Tho nnnusl_account of tho administrator of tho eatato of Jamos Spancer was approved, i THE OALL ¥OIl MONDAY, : Jupax Roorus—~250, 200, 801, 805°to 325, Juvar: Boori—151 to 170, gunuu gxrzursloo‘cnl:ll lfla‘mo“md'fli o upar Gany—i0 to 112 oxcept 0634," 98, and 103, i Jupak: JauEnoN—127, 180, to 182, 184 (o 143, 144 to 148, 160, 161. N : SUDOEMENTS,. . Borentor OounT—CONFESSIONS,—Ja00b Camps v, eury Baubort, $284,60, T . Junay: MoRonenrs,—Abram Freincl b sl, v, Thomas Folay, $301.08, 2 5 ——— . Erench Conquests in Cochin«China. A corrospondent of tho London Z2Ymes an- nounces thiet tho French in Cochin-Ohina are’ engaged 1n the conquest of Tonquin, a dopend- ouoy of Anam; that thoy have flrnndy, in Bpite of the realatance of tho Tonquinese, ocoupied Hanol, aud aunexed five proviuces, which, how- ovor, they hava some difficuity i pacifying § and thut they found the Houkol "uavigable into tha southoern nortion of the wostern provinees of Chiua, Tho writer cloars up _tho puezle as to tho suddon_strengtu displayed by the Chiness :rnh:ut the Mugaulmaus. ‘The Oliinesa lhsd tha - 4 of. Fronch ritles, and, as {s bolleved, of Freuch oftloers, who matorially stded in tho con~ uest of the Mohummiedan capital, Talifoo, The Pronch cannot manuge colonloa, but. an open water-road into Southwestern China ought to Bivo them o mov; importaut trade, T o N "THE CHICAG " MINNESOTA 4 Business of Minncapolis for 1873---Its Lumber and Flour Préducts. " . Tho Water-Powor-at the Falls of & [~ .. Anthony, ' i How *“Unfriendly - Legislation” Has ~ Effected, and May Effaot, Rail- i road-Interests. 1 - ? Mixod Condltion of Political Matters---The United States Senatorship. Correspondencs of The Chicuge Triduna, MiNNEAPOLIS, Minn,, April 20, 1874, Minneapolis, tho so-called *‘ Queen of the Mia- slssippl Valley," has como to bo onp of the largost and most importaut manufacturing citios in the United Btatos, Itw goographical posiilon, Yomarkablo. advantagos in posacesing the most extonatve aveilable water-power in the world, proximity to raw matorial of almoat every kind, facllitles for collooting and concentrating’ the same, invito every variety of industry, which hind mado it contral point for- the. produotion, colloction, and dlstribntion of the supplics for thie population which is rapldly oconpying the vast oxtont of country tributary and dopend- ont,—tho theaire of an important dos~ tiny,. plaloly foroshadowed in what has been accomplished nnd in tho way of accom- plishment. - In“a- little moro than a singlo do- cado, it has attained & population of over 80,000; an ' industrions, ontorprising, and prosperous community. Btatistics of what waas dona horein 1878, in the way .of commercial business and manufactures, have beon compiled for publica- eation, Your corrospondent has boen permitted to copy thototals. | ek The commercial business, exclusive of mani- facturos, was $13,103,200; manufactures,lindua- trios, and trades, ©14,811,820 ¢ Invostod in build- ing and expended in public improyomonts, $1,087,480,~malting o grand totalof §29,402,500, Tho ‘banking capital s $1,125,000. The total amount of froight forwnrded nnd received by the pounds, b LUMBER-FRODUCT. ¥kt Total amaunt of lumbor manufactured, 179, 917,000 foot ; shinglos, 103,762,000 lath atd of 1878-4, about 178,000,000 feot,—a fow million’ loss than during the proceding sénson. Tho cuttitigy -hoivover, lns been'in ‘excess of what wag expeoted. The largo amount of lumbor on Dband lngt_fall, and’the doprossed condition of to markot and trad on'account of the panio, 1nduced many of the lumbermen not to send as ‘many men to thowoods in early’ wintor os thoy otherwise would havo dono. The improved con= dition ‘of the market laior in thio season prompts od ‘them to incrossa the. forco and prolong operations,—tho conditions noccesary to succoss« fullogging bolng favorable later in'tho season thon usual. . There was 104,000,000. foot of Iim- ber on liand hero Jan. 1,1874. . The total amount of tho out on the Upper Mississippi and tributa- tlos I8 about 316,000,000 fost. Adding the loge loft over from last seascn, 24,000,000, makes 299,000,000 foet of loga on hand in thiy distriot. Tl PRODUCTOF FLOUR. i Mlinneapolis: produces more flour: thon any other city in this country,—with, possibly, a single exception. Tho total present capacity of tbe pineteen milla now hero is about 6,000 barrels por twenty-four hours, Thoro are 147 runof stone. Tho quality of flour manufactured from Miunegots wheat (a8 I8 well-known in sll Eastorn morkets) {8 superior to auy other brand, for tho roason that tho whont grown in this State is superior to any other grown iu the United States, Wit~ noss; tho commercial columns of Tar TnImUNE, Tho most approved machinery and processes of manufacturo nro in uso_hore. Tho largest and most complete mill in ‘tho United "Btates, and largest, with o siugle oxception, in the world, wod jutt completed by the Hon, 'O, 0. Wiah- burn, lata Governor of Wisconsin, It Ia built of stone, 188x100 foot, soven stories, 40 xun of atone, and o daily capacity of 1,200 barrels. The machinery and stones wore imported from Franco by Mr. George H. Christinn, who opor- atos this and another mill owned by Mr. Wash- Lo, Tho total ?mdunz of flour during the enr endiug the 1st of Maroh last. was 592,300 anroln consuming in its manufacturoe about 5,000,000 bushiols of whoat. Total pounds of feod Auring the ssma poriod, 49,731,000, Value of all about ©8,200,000. - . New mills arc contemplated thisgammer. Tho Hon. Willinm P. Ankeny, of this ullz, will build a larga first-olaga mill. Tho Hon, Ii. N, Batos, late Btato Wreasurer of Tlinols, will also build this summor ; aud other parties will also build. With the present aud prospootive capacity, who cnu, estimate tho oxtont of Us industry bLero five or ton yoars henco? Tho presout oapacity is sufficiont to grind one-fourth of the sur- plus crop this senson, supposing it to bo about the' samo o8 last yoar, 80,000,000 total, ‘mud murplus_abous ° 16,000,000 'Tha aim is to hava facilitios 1o the State eufll- ciont to grind the ontire surplus crop, aud ship the flour, inatend of tho whost as now, and having it mixed with inforior qualitios and tho whole sold as Minnosota wheat, to the dotriment of the reputation of tho Intter, Thore’ is io reacon why thia change “should not bo ef- fectod, aud many why it sbould be. . This point hag evory facility for manufaclure and shipment, Delng _the point of convergence of railroad and stonmbont linos radluting in overy dircotion, aud it is destinod to becomo one of Lthe great sources for tho supply of breadstuffs to the world. , " FALLS OF BT. ANTIONY, = The Falls of 8t, Anthony farnish a more amplo, avallablo, and offoctive water-power than oxists elaewhore in the world,—estimated by compatent hydraulio ongineers at 124,000 Lorec-power, and s besides the power oltnined by latoral canala nnd tunnels, by which the samo water is made twice and thrice ayailable. Less than 12,000 liorse-power i8 now in use. The continued ex- istonce of theledge whioch forms-tie Falls, and which terminntes bere, is o mutler of great con- sequonco to the Northivost, snd has boen a cause of auxinty on account of broaks having ocourred from time to timo, Tha extent and magnitude of the same have been greatly exnggerated in reports sont to tho pross of the oountry. Tho lodge is now considored Impreguable to ice, or freahots, or the netion of the water,—made 5o by works and improvementa bythe bost engineariny aleill the Government.and privato intorosts nnulfi command and money ocould make, During tho past few vears, tho'aotion of the rapid and gieat volume of wator ‘manlns over tho falls has worn eway the rock and caused o considerablo . recos- sion ; this bas beon offectually and parmanontly arrested by the construotion of an *“apron” to carry the wator over tho lodge and preveut au | undortow. Tho brosks in the lodgo have beon rephired, and- such- wovks: constructod ay will | make it permanent and sepuro forall time, The counfidence of the people hore in the permanency of this powor s unabatod; and that of . the out~ side world, which has boen somewhat.ehoken by misrepresentations and exaggorations, will-be: fully roatared, it 18 haped, Theics hes- maluly gone out of the river, and all apprehonded dan- ger to the Falls on account of it, or the fresheta, _whico_the ige-gorges: {wfldvuno.. lns_ppaspd, Be« fore another spring, the works now 1u progress will have becn comploted, .aud the Falls made forever secnre. s il v RATLROADS, AND LEGISLATION: TO GONTROL THEM. ‘Lhe reparts sent to Tue Trmune from New York ot tho action of the AManagers and Direct~ ora of the two groat and: powerful corporations whose Jines intorscct and penctrate in nearly avory diraction, the 'Btatos of Wisconsin and Minnesota and Northern Tows,—the Milwaukos & 8t Paul, and the Obloago & Northwestern,— to tho efcct that thoy proposed to disregard the leglslative enaotmen(s of last winter.in thoso Btatos, regulating passenger and froight tavifts, sro pronounced incorreot and untrue In part by ‘the Managers hora, Tho Wisconsln and Jows Iaws fix thelr ratea in the law, and &im to con- trol the roads in othor 1um|m¢ partioulara j and tho enforcomont of these laws will be ro- nistod, ‘The Minnosots Loglalaturo, aftor labor- ing all winter over the subjoct, passod an imper- foot law, which, provides’ for a Board of threo Oommisslonors, who have full powor to make a sohedule of ratos to take offoot next Aygust. It is hoped and pelioyed by the rallroad and other intprests that thoso ratow will bo nuoh that th roads oan socept and comply with thom, Thert 18 nothing bottor known Lo every lutnmfnnt and woll-informod man in thly Htate than ibo fack difforont railroads centering horo was 718,024,708, pickats, 37,200,000, ,L.oge cut during tho sonson’ oy, 7 %23 . DAILY TRIBUNE: SATURDAY, MAY'2; [} -ronds in Minnosots, has novot yielded a cont of dividond,—indaod, hina not yiolded oven interot, and has boon & loalng invostmont up to tho prosent timo. Bhould tho Commissionors put thorates lowor than they now aro, or #0 olinngs thomaa to reduce iho- prosont onrnings ot tho ronds, it Would bo an act of gross Injustico, and tho onforcomont of tho samo would bo. ro- nlatod, Bhould this provo uneuccossrul by virtito of- tho Courte not sustaining tho Pnhlnu, tho consoquendos which would corkninly ollow would result in n roatoration of ratos, All futthor conatruoction of rallronds wonld bo atopped, and tho present amplo snd gencrous equipmants and facllitios_partinlly withdrawn, and traing and accommodations made to corra- spond in quality with the oarnings and Incomo. ‘This 18 atated oarncstly, candidly, snd dlspnsi- alonately by the managors of linos running in- to and within thie Blato, The railroads hinvo do- voloped tho Biate ; and the peoplo gonorall: fool kindly towards thom, and_are not disposo to cr(l‘x:plu thom In their oporatfon. The ' un- friondly legialation " of last winter Lias had tho offoot to atop the flowof onpital to_tho Btato for furthor building, Tho funds which wore on tho ay from Gormany to comploto thoall-important oxfonsions of the Bt, Pnul ‘& Pacific lines —to mako conneotions north and weat of parn- mount importanco—woro stopped androturnod home ourccount of thislogialation, The Commls- slonera are men who appreciato tho importanco of * tholr nction, and, having an intorost in the matorial welfare of thao Btate, and comprohond- ing tho magnitudo of tho Intorosts and vaines nt stako, have glven assurancos that thoy will nob witha viow to fostoring and protecting tho eamo; honcoe it ia bolioved by tho raliroad and othor in- torents that thoro will bo no trouble in Lhis Btnto from this sourco, Nogotlations ars now ponding by which it I8 bolloved funds will bo obtained to anmrlnlo those hinlt-complotod linos, Tho companios v resisting the enforcoment of these laws are only axorcising the indefoasible right overy citizon hna under similar ciroum- stancos 3 "apponl to the courts of last rosort to tost the constitutionalityand validity ot tho law. f THE POLITIOAL BITUATION. ‘The political situation in this Btato st the presont time ia dooidadly * mixed." . The nuox~ poated strength which the Reform party dovel- opod last fall,—coming vory near carrying thoir ticket and gotting control of the Administration and tho Loglalaturo—aud moro rocontly in local “and mun&flgn\ elootions, - has so Em\&yzudnml dishenrtonod tho *'straight Republicaus” that tha leaders soom' to be potworleas to axain srouso tho rank and filo to do battlo in the canso of tho * Ring " which has go long controlled tho sffaira of tho Btatonnd -tho Fedoral patronage in it. The investigations of the past fow mouths have. hnd tho effect to **open the oyea " of the masses of the poople, and prompt thom to combino, re- gntdloss of party, to accomplish tho overthroly of tha corrupt Ring; and the memboraof the Ring nro nnnunpi‘n\mu(._ {0 formp now combinations to continua themesalves in power. Bome of the moro shrowd sud far-seeing folter, aud give ev- dorico of woakening; and show o disposition to accopt the situation, and mount tho ourrent which secoms likely to lead on to viotory. Tha lending organ_of this mnf of Grant Repub- Yicans, the 8¢, Paul Press, it ia said by thoss who _ought to know, 1s hesitating ond half-inclined to champion tho ‘ Opposition” mayomont, which _in porcolating tho surface hera and thore, and is likely to nvoulm\llg Dronk forih ln o grand tor- ront, eweeping tho Tubbish Hoforo it, until it awdllows up and .complotoly submorges tho_ old hulk and all. the barnaclos who oling to’ it. It is further snid that, since thero is a pos- aibility of tho Press tuking this courso, tho frionds of Senator Rameey aro making an offore 1o purchase tho Pioneer, and convert it into a Ramsoy organ, to advocato his roturn to tho United States Sonate, A part of tho planis to secura an organ_at 8t. Paul, {o the interests of the move to 'send * Bill " King.to Congress in tho place of John T. Averill, the.prosont incum- ‘bont. Tho Press would not support King, and ho must hava a papor In his intercat in that city. H¢ has ono hero—tho ouly papor in the distriot favorabla to him,—and this ho owns. But all -of the newspapors in Minnosota could not oleot King to-a sent in Congross. The peo- plo aro dotormined go send' ono of tho soveral e, ‘ablo, and honest mon in thin district, which 2 baen 8o loog roprosontod by third-rate mon., In the matfor of - WA © A UCCESSS0R TO DAMSEY in tho United States Sonate, thers is a consldor- able awakoning alrendy, and & strong opposition developing. 'Tho only namos prowminently men- tionaed in this conueotion are "those of tho bril- linnt young (Jovm-:.mri COushman K. Davis, tho* Hon. T, R. E. Cornell, lato_Attornoy-General of the State ; and tho Hon, Willlam D. Wnsh- burn,—tho twolatteorot thiEsity, Thecnmpaign haa really commenced in oarnest, and thero is n ory of dlatross Leard i tho csmpiof the “'Straight Republicaus,” They scom fo bo withiout a prom- inout and onrnest leador. Tnoy hava no Achil- les; ot loast, nono hns come forward, Niug cannot woll actin this capaoity, being himsolf an applicant for ofico, oven if he were disposed to champion tho causo of Ramsoy. As to thiy thoreis some donbt. Itis hinted that ho is inclined to Liositato, and oven ovidencos n rendincss to_join the opposition, if by so doing hocan furthor his own chances, o turns a denf ocar to the cry of tho Administration Greoks, and remains Bullen and recusaut, rofus ing to come fo the rescue on account of a falling out with o party Agamomnon, Tho signa) strongth Gov. Davis lLins dovolopod ss a candi- dato has aroused Ramsey and his office-holders to the neoessity of doing something to countor~ actit. Itisthonght by somo that Romsey will find somo one who would bo willing to make & loose fit of his pigantio armor, and go) into tho fleld to rmlly the undecidod * straighta™ about its prosumptuons ‘wonrer, and, whon he_Las them_ in his contro) surronder fhem. to Romsoy, It is doubtful whethor be csn find an available candidato for this gelf-sacrifloe. Whilathey hesitate, the clouds grow dorker; the thundor is rumbling all about the political heavens,.and tho winds that blow from difforont localitles in tho Bute threaton to complote tho party dovastation ; the lightnings .that flash from local eloctions aro at play bofore finishing tho work thoy throaton;. and the slill- nees of goneral fear aud approhension has sottled down ominously over the andministration camp, and the loaders m{atux’lously_ hide them- Bolvea behind their covort purposcs. _ We sowotimes witnoss miarvolous mutations in ‘politics! caloulstions, and what may occur in Lis Btato botwoon thin racy. . It would not be strangoif those who have ‘boon hated and kicked—tho foes whose-politieal Fmrun have boon watered. with suoh floods of iypoaritical teare—may be called from their re- {irement to the rescuo of these despairing leadors. i 5 In any ovent, the conscientious friends of re- form of tho salary-molety-grabbing tendency of the Republican party are sure to triumph. next' fall in Minnesota. B.W. 5 3 ; ! ‘The Feich Mon of Louleville, Two hundred and thirty-eight ecitizens- of Louisville pay & fax oxcesding $1,000 ench. Tn Puhlmhlng the ligt the Courier-Journat says: Tt will be soon that Mr. W.IL Dulaney, Presl- dont of thio Clicenpontre & Ohio Raivosd, is. tho henviost taxpayor. Making an avernge taxation ‘of 82,50, ‘and assuming that thia ‘is on’ n'two- thirds yrluation, Mr, Dulaney’s propoerty in thls ‘city may be cstimatod as worth abotit 934,012, Tuo Lovi 'yler cstata comoy noxt, the-value of which s about $631,271, Tho Loulsville & Nash= ville Railrond is the next largest’ proporty- awnor, DBy-tha sumo ostimato, Dr, W. B. Cald- woll owns 8523,119 worth “of propoerty ; Mra. Mary-E, Cnperton, 8508,800 ; tho cstato of John L. Martin, #514 783 ; Richardson Burge, $480,420; J. Lawrouce Smith, £432,071; tho cutate ' 6f TWm, H: Stokes, 9327,180; Mary J. Way, 5349,~, 478; the catato of - Qustnvus Bchumaun, $207,- ’099; Thomas and Chntlen Blovin, ®31,140; :Chirlea’D. Jacob, 232,500; tho estato of Jamds Rudd, £11,827 7 Gon,” Win. Pronton, $145,830 ; tlo; Public Libiary of Kentuoky, $160,792 ; Rich- ard’ A *Tobluson, ‘€931,700; ooy Doppan, ,8268,000; I, D. Newcomb, 2223,980; V. O. '§172,980; Michnel Koan{"§170,109; Whomaa Coloman, $145,740 ; William B, Bolknap, 8101, 541 ; Androw Eilison, 5144,300% Joseph 'L\ Tom- Jns, $248,000 ; ‘Willlam R, Hamilton. 191,520 ; Honning & Spoed, $265,793, This eatimato of our weslthy 1non leaves out of view, of * courco; thelr proparty in, bonds, bault stocls, and ropl es~ tute outaide tho city, 3 L Atnhan Brigands. Tu Maroh lasl Baron Poioar, whon ab_hia'os- tato of " Oollesano in Sioily, was coptured by flve brigauds, two of Whom _wore notorious. chiofy namod Pasquato and Loone. .The mon wore niasked” and armod.. Baron Pozeari was blind- foldod’ and oarried off on & horae, After & lonj {o\uuny duning whioh they stopped soveral ymos ab hovels on tuo rondslds, tioy reached & dark cavern, into which tho Buron was dragged, 1o yiolded at last to throats, nud slgned au- or- dor for $12,000, - On tho oralng of Marah 31, whon tho band wers away, tho Haron sucossded 1 esonping by orawllng out of the openiug which’ lod Into the grotto, o found himselt nov far from tho Rocoupalumba_Reilway BStation, nt which bo arrivod fu safoty, affor ewlmming wscross the Intorvoning xiver, * Although tho rans, dom had not “boon [{nl«l at the time tho Daron ,lul?uel:mdtadix}ntl!uuung 0 I8, brof n-Jaw {o pry the money on ,tho pres annluuou‘!’xr‘ the Qnr}lor.‘ Itis pro’hnbln l'lult’llu 'lgimd ml'fi’fi?m""“ in tho nyfl:\t ol!lu noli<otv 8000 Wi 8 agreoment, o Baron's oap- fivlq Insted eloven davs, 4 thie 840,000,000 or mors; fnvested In rall- |’ Com- time and the. next elao- | tion cannot bo divined withany degres of acou-, Md osvapo, ho wlufim)ihefl' T84 . FORESTRY. i How -to Plant; and- What-to-["*"*" Plant.. European Laveh, Pino, Norway Spruce, " Ash, Walnut, Sugar-Maplo, Soft- i Maplo, -White Rim, Rodj Elin, Honey-Locust, ' Chostnut, Box, Elder, Biroh, Hickory, Oak, Cotton- wood, Whito Willow. Lutt;n‘ from Geon. James B. DBris« bin. OstAfta, Neb,, April 27, 1874, o the Editor of the Chicago Tribune: Bin : The wide roading given my lotter on Forost-Wasting; publlshied in yonr paper of tho 11th inst,, encouragoes me, now that the spring- timo hae come, to appeal again to tho farmors of the North and West to set ont’ timbor-plants. As 1 had hoped by showing tho rapid decrenso of our prosont supply of timber, some have boen set to thinking whore the future supply was to come from, and this has encourasged them to plant. % Presuming, thion, that thero ia an earnest de- slro among our farmors to grow troos, mako money, aud beautify their homes, I will, as woll. 08 I can, point out to them how to plant, what kiugd of trees to plant, and sliow thom what they ' ara Jikoly to realize from thoir labor. EUROPEAN LARCm, . 1 beliovo, 1a.ono of tho vory best troes for tho farmer. It growas upright, is hordy, and 1 acra of it will makg as much timber as 4 or 5 acres of oak or walnut. A pound of socod will raise 20,000 - planta; and ‘they should be sot outas enly as possible in tho spring, in mollow ground. Lot them remain 1 yearin tho nurag- ry, and then transplant and sot thom out in rows | 6 inches apart; and, when 2 yoars old, raise and plant them in tho forest whera they are ‘to o+ maln, Thoy may, be put as_closs togothor ag 4. fool. Bomo foresters plant pluo 12 faot spatt, and fill up with larch,—removing ‘the orop of larch at 16 or 20 yonrs of ngo, and loavisg o a fino forest of pino on the Iand. .This is & good plon, and I do'not think flling up with larok hurts the pino, i A g | ' .- PINR L e 5 15 niot nearly 50 hard to’grow 4s paople imagine, ospecially the Pinus Strobus, or White Pine. A pound of eeed contains 20,000 gorms, and- for €20 enough young pines 18 inohes high can bo Lind to plant an acre, Sok them out 8 fest npart, and plaot in light ssndy soll. Seod, if soivn brondeast and harrowed in, will grow at the rate of 1 {rea to avery 20 scods sown. - . THE NORWAY SPRUOR is o beautital tred, and very turifty. It is. the best known for bolta or sareens, and ganm\U{ 8 favorito a8 an ornamental treo. Feimers offen plant it to shelter their onohards’ and for wind. | bronks. The limbs are_sough, and stand Igo,;anow, and storms. ~ It ia just the troe ‘for:.a wintry country like tho Plaips. Plant In.rowa 8§ foot apart, Lombardy poplar can be grown with Norway spruce. . TOW TO PLAND. - I said I would tell the foumor how to plant ;- and, boforo golng furthor with what to plant, lot un consider how 1t ia doue. A farmor can break a strip four rods wide around his farm, and plant, it with willow ar cottonwood outtings.: Buch o strip sround: a quarter-seqtion would contain about 25 actes, and it will take 60,000 cubkings to plant ik, low deop, barrow well, and mark out a4 for plonting corn.. At tho intersection of the marking furrows, siuk o spada. tho full longth of the blade, but do not romove tho earth, nsort tho cottings, and press the carth about ihem with tho faot. Twomen canplant cuttingain this wey almost ns fast as corn can be planted, , The cuttings sbontd bo 12 to 14 inches long, put in the ground sll butabout 2 or 3 inchoes. ~ Keop down the weods, and work the ground ns for corn for 2 yonrs, after which the plants will take care of thomsolves; and neod mo further atton- tlon until thinning out bocomes necossury, | « 7 A THE ABL 5K iaa moat valuablo treo for wood, and s much ‘used in tho manufacture of farmiug implementa. Bow the seed in rows, in tho fall, feot apart, and covor with 1 Inch of soil and 3 inches-of straw-litter. Ronow early- in- the spring., The plant will grow ag soon us tho frost i gono, and xoach s height of 12 or 18 inches the first year. Traneplant the treos when 1 year old, and set out in dooply-plowed ground, 4 foet apart, “Work; thn; ground as for corn, and koop down weods. . THE WALNUT grows woll in black loam and yellow clay sub- soil, tho roots striking dnur, and tho tree grow- g stoadily, but not rapidly. ‘Itis & poculisrity of all nut-bearing trees that thoy matura alowly, but compansate by bumnf abundantly whon once matured.’ To raiso waluut-troes, plant tho nuts with the hulls or husks on, 4 feot apart. Drop the soed lika corn'in furrowod-out ground, aud covor lightly with's oo, The puts should po planted_in thwo fall,’and a8 soon A8 possible:: after thoy Imvudn(?)pud from tho treo. Walnuts for planting should never be sllowed to dry, -~ . BUGAR MATLE. - 'I'he soed of this trea ripons._in - October, “and should bo planted s soon 0a possiblo stler it. Inlls. Plaut tho same as for ashy, oxcept not 8o thickly.” After planting, allow tho plant to - . main.iwo years,in the seed-bed, and then trangs. planti. o HOFT MATLE., .o 3 grows well on rich, bottoms, on :atreams,: and gven on_mountain-sides,' The sceds ripon in Juno, aud shousd be sawn us soon, as. they' fall.” Plow doepy, barrow well, and sow “with " drilly, in ows 20 inohew apart and 13¢ inchos -dgop. Plants will come up 8 days after, sowing. Kdop out tho weods until shoots gak a good statt, 4 THE WHITE ELX is & useful trece,—plow-handles;” cheess-hoxos, %n‘lrs., :uc_l mauy bont articles, being made from ita woad. : . THE RED Eaf | B grows in many places in a wild ' atate, .and s eanily cultivated. It inhabits bhigh snd “dry _ground., Tho wood is ‘much'used for building caryinged, T T 4 NONEY-LOCUST , makes an oxcollent hedge-troe, and, when grown, is of groa yaluo as timber. 1t im"'! ou riyer- bottoms, to " tho hoight of 80 to 100 foot, and 4 foot thick. , It grows rapidly,—the.thorny. apoy, oicp belng tigod Tor hedges, and the smiqoth spe="" ouel for fovostu, "+ s - oc el i TG THEQHESTNUT. L U7 must alwways be o favorito, Get secd 18 frosh as, : pogaible, preks the “cliestnuta ‘1 esud,. and, Bot” swhy in & qool place in the collar, " In tlio pring, lant tho seod, dropping in- rows, like -potatoes. Fiset tiis tuta 6 inchas apax, mid. the rows {foat, and cover with 'hnlf an-inch of soil only. Gront coro muat be takon to-prevent, tho sced {from rotting; ‘mnd, -if * planted -too deop, it will 1 surely rot, 'Lhe shoots will scou come up, aud: the first winter the rows should-be covered -with| straw. or litter, to save tho “plants’ from fros ‘Tho shoots should be tyansplanted when 1° year old, and nt 2 yosts of age kot out'whore they are | toromaln, Good frosh seed coii” caslly be pros cured from tno Eost, and, it J:hn.tm\ ‘Pproperly;! "tha ohestuut-treo will grow nud thrivo as farweub a8 Grand Ixland, in Nebrauks) 3 . ; ;o .. TIHE DOX-ELDE] .__'This in o pot trec aud a gano Wast.. Its hardinoss, thrife, vapid growth, aud boauty, all commend it to the plantor, 1t not out thiekly, it will grow straight and tall, often sttainivg the hoelght of 060 feot. Tho sced la _abundant, and shonld bo planted thickly, as only about oud-inlf grows, -Sow in tho.fall, 2 b | favorlte in the in “shal- low furrows, Cover 13§1nches doep, and pro- tect the young plants during tho full and. wintor with & covering of straw. Flank out 4 fest apart. BIRCH. 3 - Thora aro two kinds : the white, and the canoe, or Amorfcan, Hoth grow to largo slzo and thrive in Northern latitudes, The birch ,malion oxoellent fuel, and is muoh wsod for cab- inob-yyork, . Boad oati readily be obtainod from Wikconsin nnd Miohigan. The grouud for soed- bods shonld be of light, sandy loam, and the sood covored lightly. Bhelter the beds from tho hot ann until tfin plants are 2 or 8-Inchos high. or Europénn; ; UICKORY, tho king of nut-bearing trees, and the most valuable of woody. Tho sholl-bark is the beut for plauting for oithor wood or fruit, Plant tho*| nuts whore the (roos are-to_romsin, They should be dropped. 4 feet apart each way, snd out g tha troos incronus in afz ‘ ot . THE OAX, | e “Phors_are two " kinda? - thd bin E osk, 'Tho acorng drof 1 _QOotober, and the seed should be kept’ oool apd moisk, fu boxes, untl | , “Plint the seds*8 faot spary, whote 1o to romain, A tall-growing froe can ba lanted botween tho rows without dotrimont irdeed, they grow bettor with than withou i THE QOTTONWOOD; © Boginners naturally turn to the ocottonwood, bacause it can bo obtained almost anywhore, 18 cortaln to grow, aud can bo planted at littlo ox- ponso, For tuol and nholter it moon comes to maturity, and, attor all, iz a valunblo troe, Yoo~ pla liviug on tho opon prairie enunot do botter ihdn plant & grovo aboul their bousos; and thoso fntonding to grow orohards should surround tmm with a belb of cottonwoods «aa goon ag pos- eiblo, A : § 20 WIHITE WILLOW. The beautiful, groen, gracotul willow, who doos not love it, and what ranchman does not “hal it a8 his friond, and delight to sit_In its cool ahddo ? It grows almost sponitanoously, shalters from hoat or cold, keops oft wind, andis s groon Apoton which o rost tho eyo whon sll around {8 desolate, barron, and desert, 1t 'grows rom a shoot without roots, and for- oators Alvn.{la grllnn ita rapid and gratoful return for tho slight labor the{’ bostow upon it. A tree of this kind attaing & hoight ofton of €0 or 70 feot, and shows an {mmonse trunk. For shade. troos nlnngh(glmm, 1t fs unsurpasaed, ropelling Lieat, wind, and cold ; and no drive can bo fAnor thag that throngh on avonuo of willows. Tho arms may bo woven and iutorlaced at 2 years of ago, snd, whon grown b yonrs, the troos will form a porfoot wind-broak and fonce. Cuttings should be mado In the fall, tied In ‘bundles, and -burlod a foot doep In _tho earth, Tho plants should be ltept cool by placing them in & cellar or root-house. = To plant, plow a deo] furrow, and sot the outtings against the land- aido, whiloa second man follows with & spndo, filling in the earth, and proseing it frmly with his foot. Pavk the earlh closoly about the plants, The cuttiogs should be placed so asto lonve 2 or 8 fnchos ont of the ground. If properly planted, not over 5 per cent of willow-outtinga 1ail to grow. The willow and ecottonwood arg tho onsiest .raised of sl troes, and commend thomselves accordingly to tholazy ranchmon aud indolont farmer, They grow rapldly and without onre, which greatly pleages most planters, - More valuablo kinds of {imber can be grown nearly aa rapidly, but the Taquiro oaro, ¢ I might bo nl}:;wud to adviae, I would say plant bottor woods ; but still, if the farmer will not take the troubla to ralao laroh, box-cldor, or walnut, by all moans lothim plant cottonwoods and willows, Bottor any kind than nonb at all. . P hind 1ntonded in this letter to sny something about tho rapidity with which trees grow, and to show the commercial value of onch kind of tim- ber, from tho tima'{t'is” planted " until it roaches maturity; but_the lotter- is alroady too-long drawn out to admit of anything more being said now, and I ghall havo to dofor tho practical ox- perience of a number of plantars until another time. I hopo onr. farmers, will plant Liborally this 8y rln? and any legitimato inquirios for their | bonotlt will clioorfully be answorad by myself or Mr. J. T. Allan, of Omohn, Prosident of tho Nobrasks State Horticultural Bociety. Yours truly, Jases B, BraspiN. raln, or sleot, . A CONREOTION. 3 In my former latter,. tho zy}ma mada me - A “Tho rallronds use aunually 160,000,000 of ties ;" sriion what I sbiould bava anid wag, #Tho- rail: rodds linve usod 160,000,000 of ties." How the world ‘annually cropt fn I cannot awy ; it may have-inadvertontly beon placed’ In my manu- saript, or tho printer may have thought I was wrong, and put it in, for just below bo adds an sbg:m tog 2,000,000 of what I intonded for 200,- A Chicago “ Lumberman,” thinking ho bad found s mare's nost, rushes into print, - and uses ‘muoh space to proyo that I was wrong. I am “much obliged to him, and, when I shall stato that the intoraat on' 10,000,000 at 10 por cont, for onp year will equal $10,500,000, I shall expact.to 806 this Scker {n print again to_sliow that 110 {m; cont could not in one year amount to more han tho principal. , But'the correspondont of tho Inler-Ocean is vory far from correot’ in his figures. "Aftor charging mo with extravagance, hu‘émeu on to say: ‘‘Ilo Ubited Hlatos have 478,000 miles of railway 1’ operation, and.thore was usod in tho conatruction, thoroof something avor 200,000,000 tios:” Not fooling sureof my fig- ures, I addroapod & note to Mr. Biokols, of the Union Proific Railroad, and I take tho liborty of apponding Lifss reply: - o S0 UNION PADIFIO BAILROAD COMPANY, '¢ }° -+ GENENAL BUFERINTENDENT'S OFFIOK, Ouma1ia, Neb,, April 22, 1874, Briibtn, Headq y Tam in roceipt of your note malking in- 1o tha tica conpumed upon rallrosds, otc, Gen. Jamas cadquarters Departinent_af’ the Dran 811 quiry 'he aggregato number of milea of rutirond nowbullt | - Tl in the United Btaten {s about 71,000, . ‘The average number of tios used in Iaying the above track was 2,600 por mils, A ‘About ono-soventh of the tos require toba renewed aunually, ‘Thred liouguad ties pex milgwero put In the track: from'Golden to Qentral, Col. ~Yours truly, i . 'T.E. Bioxrrs, General Buperintendent. It apponrs from Mr, Blokela' etatomont. that tha Infer-Ocean men ovorstated -the' numbor of miles of rond by 7,000, or a distance nearly equal | to the diamoter of tho globo on which ho lives. He also soys we bave used 200,000,000 ties to build our “roads; * but, if Mr. Sickels is correot, we havo uncd -184,600,000,—a little mistake In the arithmetigof the Sucker of 15,400,000, I havo no'objection to bolng corrected whon Lam wrong, but I'always like the mau who attompts to cor- root me to bo corroct himsolf in what he says. : FINANCIAL THEORIE o 'the Editor of The Chicago Tribune: o3 g sk i ;- Whenever s oftlzon conceives himself to bo'endowod by his Oreator with'a degree of: in- telligence suporior to that of thoordinary masa of 'mankind, & propor sense of benevolenco,.as woll aa duty, ronders it nadessary and proper tlist he should give to Lis fellow-mex tho bonefit “of hia - viaws upon thosd quostiona which afféot their ‘welfare and happiness. The application’ of this truiem will becomo apparent to yon whon 1 stato’ that I'bave discoverod that, upon the groat fisinn: clal and politienl quéstions which now agitate the public mind, ‘I .am_ tho suporior of evory Aiving buman' belng, -tho conclusion 'is irrosistible ' that ‘I ought’ to{ write, and that' yorl ougnt’ éo ‘publist, thiy commnication ; and that you willdo g0- is-ovi- dent whon the fack thab you -generally’ endeavor to publish-thib * viewws of hll .great._ statesmen.is taken into consideration. " DBut, inasmuch ss you may fool Bome surprise that an inflationiat asks tho uss of our columns, inatesd of those of the Inter-QOcean, 1 deom it fropor toutate that the voiy ébjoot I have in view in wrinng would: be'| ‘defested If I should publish this in that news- puper ; and this for tho ronson that, while itg circulation.may be the largest in the world, atill candor .compels me' to.. state. thak _ita readors in this - patt of tho : globe: are Mot .08 . WNCrous . a8 L‘.mjy might . be, Aid’ g0, heving” “chosen .. I'mn Tnmupe, which - does, Iregretto state, circulato. rather oxteneively in Chicago and olaowhoro—T will, wiph but one moro praparatory statoment, pro- cepd with my dissertation,. That. further state- ment_ig, that I shall not sttompt to controvert the views of those thieoriets, yoursel? among tlie” “rest, who ignorantly and stupidly argne and in- plst that Che' country- would bo 1o rivhoris v " ware full of legal-tonders than it would be with- out poy. “The Tpllsoy:of isuch nrguments.ig’ so, “apparont to men of orlginal goniun that I will not wastp. anyJtime in oyen; examiniug.:thor, Tlioy msy be diemissed with contompt, . The- statesmen of the .dny,' of: ‘whom Tam a 1eading ovo (as.you will readily admit before you * baye fimshod resding this lotter), aro agreed, with o yoanimity unpnraliclod almont, thet wo muat chave mowe money, " The' only’ dificulty - that sopms to oxist may be found instho fapt that wa, Linve notias iyot aseopiniued how we aroto gob 1t,| My -friond Morton has ma “ides; and that littlo ghin'th . Yorkor, Bam. Cox, hns another ; “and, while both aro very neair “tho rig:ht track, nelther of thom hins an _yet auccoound n goiting on'to {t.” It is'very proper'to examina'a’few of thé modes which -have been pugrested- ns ax< peflient in otder : to make moupy plonty, aud .to | point out the ob_}aetlana to thom, und to ‘nrapmm a plgu'wwhich ‘will prove ontiraly unobjedtionable,: 'lie plan suggesto] by Mr, Cox is, that evory. dollar not.in ciroulation should bo made &'logal- tondor for throo. There aro-s0 many objoc- | tions to this plan that suggest thomsolvas to'm ‘mind, that it {a difloult to mention even a small option of them. A fow, theretore, will subice, /he-banks and manoyed men_hold nearly all the greonbaoks ; ~and,- if we- wora “to trablo thelr oalth, wo. would not . ald. tha lmax man'who ‘needd the monoy, Thon, agaln, this plan, if exa. cuted, would deprivo us of -emnll DLills, which, if nioney wera plouty, would be vory useful 3 ‘and that for the renson that pricoa would be leus than thoy now are, and everybody wonld be anxious to soll worthlesa artiolos for good monoy, and thusémall changd would he rendorod| nocossary. Hut anothor objection, much moye powertul, moy Le found swhion we comio Lo consldor that evorybody would hold on to tholr greon~ backs in tho hope that thelr value would apain Do jucreasod by an act of Congress, and thus the vory objeot of tha plan would bo dofonted, Thase objoections are _abundasitly sufticlout, -~ Gontlo reader, do you not.think 80?2 b, 2 4 i «'I'he plan of AMr, Pondletén and.tho. Olnolnpatl _Enguirer, which comproliengs the gift by the ‘Goverimont of 8300°t0 duolf vater, need not be dlecuesed &t any Jongth, Tho amonnt proposed & 1ot largo enough, And then, if it were, idles From theso . promises |. 2R neas and oxtravagance wonld thrive, as {ndustey and thrift; and tio woulth of tom pone try (1. ¢, the groonbacks) would bo sont abroad to puroliase forolgn luxuriog, and thus the pau. por Iabor of Europo would be encouraged, *sne 10 protastion to Lionio-talont aMordad. i Tho idos ontortained by:Gov. Motton, Mer, Morriam, Gen, Butlor, and others, of fxauing groenbacks and paying off the bonds,-and thus. .. saving a largo amount of interoat, at firat glaca appoara both practioal and wiso. Duf ..n sorioun_objactiona prosont thomsoivos, whiol i wiil “prosont: The firat ono in, that tho exponso ot printing would be vory con- sidorablé ; and, while it might bo urgod that “this ox[wunn would help to sustain numerous ntriotic gontlomon who linve fought valorously 'or our nioblo party, still the nocessity of suds taining thom , would not oxist, boosuse, whon money bocomos Ylonty, ovorybody will bo rich, and thoy, with all tho rest of mmfi(nd, will Lave . the mosna to sustain thomaelves, Tho othen objection s, that corlain evil-disposod persons will assort that tho paymont of adobt by a romiso to pay it amonnta to nothing more nor oss than ropudistion. No causo of complaing ought to be given to auch peoplo. or sm I in favor of the ropoal of tho Iawa #gainst counterfeiting, It may bu that granting o licenso to ovn{;l:udy toprintand Issue groonbacka pledging tho United Statesto pay would save tho exponss of , printing.to the Covernment, But, innamuch an the peoplo may soe fit, pome day or another, to redeom the mon? issued, it would bo unfalr to roquiro them to roedoom promises thoy . had nover made. I am unable to atato tho sourco from which tho proposition that evory man might {ssue his own notes and mnke ‘;icm a logal-tonder, emanated. It most cortainly ongbt not to be ontertained. Buch nolos could nmot be ealled the notes of the Government, Tho . faith of the Government could not ba plodged, nor could they properly bo calied Governmen papor. Tho proposer of thisplan ovidently moant woll, but it is manifest that he has not g{ven the bject that careful attention which it doserven, naving thua stated a fosr of the modes which have baon suggested, and Laving pointod oud tho objectiona to. them, I will now provced to- - ,dnuslfnne aplan which isnot only novel and . original, but whioh is also foasibio and just. My plan ia to stop ):uying Intercst on all tho ob- hgationa now outstanding, and to make the ob- ligations thomsolves logal-tondor. - In ordor that carpors might be effcctually silenced, I would Ay the interaat up ta date, and ‘thus avold all “tha atigma of repudiation. Can there be asingle objaation to this plan? * The wenlth of thobanks = and of the monoyed mon would not be increased; those nhll}zuz(uns boing for large: amounts, no’ searcity of small change would" bo folt, that, they would not bo honrdad, {s n propasition that 18 isolf-avident; idlenoss would not be on- emirlgml, becnuse people would have to work to _got " themji:" and " tho ™"pauper-labor - @ of : Europo would scarcely think of compoting with our own induatry to-obtain them. Theex~ -~ pedses of printing would be saved ; should thoy . . ovdr bo redesmed, the pooplo 'would foel that thoy wore rodeering their own promises, and not thoso of somebody olse: ond the faith of tha Governmont—n faith nover to bo .violatod— woilld be ‘pladged to their payment. In“tha™ "~ qoursa of time, wear and tear, and fre and floods, would reduce the voldmo, and thon othors m{fht be prioted, and_thus taxation would ba reduced, ‘and everybody would bé made rxich < boppy, and prosperous. Eh ey M. Editor, is thore, can thoro, bo & singlo obs jection to my plan? If thero. is, - Btate'lt; and I will rofuto i, - If thero is not, then, in your odi- torial, and local, and advortising coluins, urge it qnd advoeata it, and- thus oonfor upon:, your long-gaffaring, your impoounious countrymen a’ haon which they will nover “forgat; and, it you .succend, you may rest assured that I will-never - stao forward to Anatch the roward you il by.... entitlod to. E LUCHER, Ollflluuo. April 23, 194, - TV . i N e cer ! ATTITUDE OF THE PRESE. :i ' | The Westorn newspapors coming to this offics;; 5 and otliers concorning . whioh We ha¥a positive ‘ Siiatain Opposs On the mmo.rmfflm. Jance.. 48 oA : - o, viz,: Leayanworth Evenfg'Call (infise ) 6d, and deductod from yesterdsy's tatal.. - . - The rural distriots’ of tha/West are being * Loard from,~We commend the xoturns-to dortain® *~ gontlomen at-Washington.- -, .7 ... —The Torre Haute (Ind.) -Ezpress declares —— that it will not adhére to the Ropublican party oxcopt on & platform- for ¢ grepnbaclk. expan-~ -slon.”. , Tho Lesvonworth (Kan.) Times doclares . that’ “tho Ropublicins of, the West proposs to appoal from'tho Prosident to the poople.” “Tha Gr;:mon (111.) Register oxcluims : o ‘o President ie “afile ' rd m i 314y Sheke S i et 10y x e e }iken e druwn, Tho.{ssue is mode up, If the Ropublican - party falla into line, woll and good, " If it refusws to do “n0, thon we muat 100k to somo othor party to repronent wa'On this QUOALOD, « . st sy o nt <-Tho Marshalltown (Ta.) Republican,under tha ™~ announcomont of ‘its purchase by Japt.: A, H. ‘Neldig, Chnirman of- the' Iowa Ropublican Stata Contra) Committeo, tolls Congressmen to stiok out for jnfltion, even for a,* mora liberal ‘sup- * ply” than the late bilf provided; snd the In- dianols Herald, anothor Ropublican T Tows, payss . . * : . Wa truat now that support. no haif-wa: righits and hesitato, | Grent's pot measures, *- LThio" Madison - (Ind.), Cour “inyites the X.ogansport. Phargs, Join itin ''a hard-money party, of whioh Presi-... "da}p Grant is the present chief,” and says: our Western Represontatives will . monsures, but domend thelr not refuse, to aupport some of he Ropublican leadets forgot ;the traditions and .précedonts of the Republican, pmya of agituut ny sosuumption of spacts payment 30w aud o4 ‘auy future time, *The Democricy are as ,thia . w:’k.n'\fmemnmpunnuu:q 9. APRAL M tho . President ;" Morton may, ' break with the|may donoynge tho, advoaates.of a sound cir- - renoy:; helmay ovon segure the A}Jsppufi of the .Weéstern inflationists gehorally... But the' Tarre ... Hgute Jzpress may. dopend "upon ft that no _man can gain lasting popiilarity or donfldence by. .. .. driving the country srom. instoad ~of loward™ - .regumption of spocie payments, As to Demo~ crats ~ropudiating the “teachiugs’of” Jolferson, "~ Madison, and Jackaon on the monoy question, the Terre Houlo oracle niny us ‘well “abaudon its hiopes' now as'at & lator - pnrllod.—"ld nier (Ind. ner, £ i ‘ 1—'1‘1:0 truthis that the: vote- is -close-in, In- dinng and" that- Morton™ oannot afford” to'bronk with the dispensor of *Fodoral patrongge,=—Kan- zas wly Limes, i .1,1[- 30 E e ~—~We rograt our inability to'soo auy reason to _hope fora™*“bust-up “-,_9{“1:9 Rgdlczl( party. 8o, long aathera iz mnything to ateal.—Cariinviile 2 gguirer, » —~We-doubt -léaders bolioved tios ».B:_n. but-sdyocatod- it~ - Zolozollle (1U.) -Republican! : . - Thedwindlihg inflationists; ad wabs. to'bs s “pegtod, aro aarprsed,iangry, ‘oxoitod,r ‘mid dis, . iappointod. - Having discoversd that {hejr: chenm’ goamo of deooptiop and humbng Is’ oxposed ‘and: - played ont, thoy threaton to do droadful thinga: + b .+ If they doubt this:’ [the. popaldr :yyi lot thom minke, &-square jesus- of the: guoaty ovan iif tha Weat, wherp'tha ‘inflationlsts olaim, thain great strength los. -Ilura wo' hardly' kmow’ snfudividual, without distfnction of® party, who dogs not wurmly “oommend “the Prosident in doing'what hahad done.:-1'he yoto islat’ o pro- ' wium in Wicconsin.— Watortown (1f gl = 153 and, in the face enson snd tho :plainest duty, deliborately voted “ffio - RepHBGRE ofit the peo- s 'B\{fll‘lif *“Ho has fond 'l;;tfl;: 5 Boitor daga by quarter of ' dontury.'’ His":beariiig” fa 'vnyr; “5 X xjght and almost youthful; bid oLoeks are'vasy ; his_eyes -ave- full of rightnoss, wliicli-la“strik - - ingly ‘set off with lls silver-bair; his volco is nAontoraus, and.wonld. rosch.far-Boyond the Oba< * livk if ut Tuster ho would oguin_stopon Bt. DPeter's baloony and boatow bis solémn banedlo~ tion, 1lia uppotite I8 very gront, and his diges- ton porfect. *Almost ovory day he goes down for long walkainto the Vatican gardons, sud yoa- torday bo was snuntoring about without s oloak, Justnain his'ohamber, and with no other gare mont than bis whito ro(m. - Ho wolked fast and: brisldy, withont tho ald of . stik, his Cardinula -. following i " with difilcuity, He_bas nover baon 8o Joyous, &0 Al of confidbnes In the Bp- annmnz rostoxation ,0f ' the - tamyporal, power, - o' {a incessantly jesting. lln,uuonvormsnw Ao ! gxlalnr:‘l.alla w‘lih :,uln-,‘unfl fil;nn d:nu;rdg;:tn d P B BOIY) arah | il £ l\‘rl‘t ;, Xfi&"fl?fi? i‘%l‘di %Ts’fn‘%lfi,' fifl")!eapfi u’fv whom he of 80 10t0 vidicule, ' 5 Wola o S