Chicago Daily Tribune Newspaper, May 9, 1874, Page 6

THE TRIBUNE, - N (PAYANLE 1N ADYANOR), 081 Sy ame rats Matakes, ite and give Post Iuding State and County, *w olthor bydrart, oxproas, Post , At our risks ~ BUBSCRIDENS. nlaa, 2 conte por wenk. noludod, 30 oonts Por weok. TRIBUNE COMPANY, Uhioago, Iil. ULEMENTS, £ ~Randoloh _ atre: ot omont of tho Aiing, logu," ‘Hvening, ot hotwoon Mad- S b " Frank. Ontnteau Foavolor" "Afiernoon and ity het: of aists Anenets o, Monrao streat, betwoen * gton, Cutton, and’ K 1 comicalition, Buriesqy won and ovening. ~Corner _of Wabash avenue 00, Leous Alteracon 3IF, NO. %09, A, F. &A. M, i ti‘hlnn (Saturday) evoning o ardor ¢ % . DUNLOP, Soorot tary. 58 NOTICES. PER" OF. HEALTH, reat, depurating or bload clesnt. -sot this groat ** nousokosper of & tiio foul corruption i out, asit woro, 1ollad’ from the syat )y For Modioa! ‘Disoovery, wih 2 iarsas Flossant Beriatirs 1y tio artiolcs naodad., Thoy ours worst soralula to tho comi~ o ek 13 Fhio ry6 om &ro by ther ey el persavoriag avd 10'tho most taintod aystams may be and bullt up anow. Enlarged rollings dwindlo away and disap- Boions et Souton: it ‘forgan, G Ovy Daroh 3, 1672, ante f ko I took what {s oallod ‘tant_dootoring it woulr hoal in i auathor, [ slzo broke it 13 Fistinn Ads RATEE 80 first battio, which did other modicinos I over usod. Iam Fod with_tivo dootors, And ot 0o Hhuch e soue obla " Discovary, T 8y's wor) fodo n aoOL W Wirson. cags Tribune, Tl May O, 1874, TO ADVERTISERS. i our Bunday sdvertisers to eatly to-day as convenlont, in tthem all under tholr proper *..ve been madoe for tho disso- alifornin & Toxas Construoction flnancinl embarrassment firat s the public during the panic of ientt and J. Edgar Thompson . y's paper to = large nmption'is, that they will bo 023¢ @02%0 sellor June, Oats were in good de- mand and lower, closing at 480 cash and 48%c soller June. Ryo was quiot and strong at 03¢, Barley was quiet, at $1.40@1.42 for No. 2. Hoga wero modoratoly actlve, but lower for all grades balow chiolce. Bales at $4.25@0.00, Usattle wera active and firm, with sales at $2.70@0.023¢. Blioop ruled stondy. Mr. Chittendon and his counsel, the Hon. Emory A. Btorrs, havo roturnod to Chicago, A roporter soarchod for them yestorday for tho purpose of gotting information worth placing bofore the publio, but without groat sucoors. Mr. Btorra was found, and askoed for his opinion of tho oxamination and tho results thua far reached. Nothing was drawn from Lim ex- copt oxprossions of admiration for Lis oliont, who, Mr. Btorrs said, boro-himself like, s gontlo- man, and never contradloted his own tostimony, Mr, Storrs ia tautalogloat, Gen- tlomen are nat acoustomed to contradlet theme selves undor oath. Kirtland is sald by Mr, Btorrs to bo ‘‘ontertnining as a convorsationale ist, but imprudent.” This is lawyer's phrase- ology for an avowal of the extreme tenuity of Mr. Kirtlond's narrativo es reoitod to the Qom- mitt oo, It Is timo that tho disgraceful quarrel in Arkansas should end. Noither Baxter nor Brooks is so decidedly wrong or so confessodly right that blood should be spilled in seltling their disputes, Yestorday there was moro fighting ; two moen woro killed and two mortally wounded, This wratched business will probably be disposed of finally to-day, by & do- cision from Washington. Bince there is little danger of doing groat injustico by in- stalling oithor party in powor, any ac- ton ‘of tho Administration fn tho promisos will provoke littlo unfavorablo eriti- Aaaay VHIVAGWU DAlLS place. It!auald to bo very nuccosstul. t is much cheaper to manafaoture it than coal-gas, 1¢ will, i oqual to what it I represontod, drive the lattor out of tho market ontiroly. 0SPERITY, ‘We preaont our readers this morning with an elaboratoe roview of Chicaga's matorial interosts, Tho artiolo hag'boon suggoated by the curront commonta of the nowspapors of other citios, which scom inclined to tako the Rloomieat pos- aiblo view of our situation, Thoe immediato toxt 18 a lottor written, or purporting to have boon writton, from Chicsgo to an Eastern journal, It is morely usod, however, as a sample of the nowapaper ltoratura dovoted to this olty, A fallacious application of roasoning by analogy may have misled somo of the journals that havo printed similarly foolish thinga; wo suspoct that the spirit of onvy has fnfluonced othors. Tho statoments mado elsowhore have boen collacted oarefuily and impartially, s they sliow for them- Bolves; and our purposo in collocting them haa beon chiefly to roliove_our neighbors of tholr concorn on our account. Thora {a nothiug now in this genoral hue-and- cry sgoinst Chicago's business, Tho metmory of tho oldost iohabitant oxtondeth not to the timo when like comments wero not mado both &k home and abrosd, It s about twonty yoars sincowo bogan to hear that Chicago was of mushroom growth, and wo have Lioard it evor sinco. Meanwhile Chioago has continued to grow all tho time. Days, aud wooks, and months, and years have como snd gone, and tho mushroom {8 &s fresh and bloom- ing 8a ovor, Our mushroom seoms to have tho LRIBUN onces, and entirely underrates the proportional importanoe In human aocloty of tho Lopos sud fearn which act puroly on the comacioneo, tho lonrt, and imaginntion as compared with the hopos and fears whioh affoct the prospoct of lib- erty and lifo. Ho knows, It continues, how to proparoanation for war, and thokind of enthusi- asm which roslatancs to an unjust attsok excites inapation’s mind; but in tho finor rogiona ho scoms to loso his fnsight. Tho delicate fibres which turn tho moul's resolves hither end thither, and ndjust homan nature to the traditions of an anolont bollof, sre 8o unroal to him that ho cannot merlously catlmate tho strongth of the foo with whioh ho {s ongaged. His porsocution fa not stern enough to succoed, It s tho mischiovous poraooution which lonvea a doop eenso of injury without striking a danger- ous blow. o isonly croating against the Em- piro o hioat of projudicos and hatred of tho most dangorous character, with nothing to trust to but tho fanaticiam of ultra-Liberallsm, BTRICTURES ON SHERMAN'S BILY, Tho Obicago Inflationist does not like tho new Sonate Fioance bill, It thinks that, whils its fourth section provides for freo banking, the olghth rostricts tke volumo of tho additional bank-notes which may bo {ssued under it to $104,000,000. The ‘eighth moction reads aa fol- lowa: Bro, B, That tho entire smount of United States notes outstanding and in circulation at any one time slnllnot excoed tho sum of $333,000,000, and within thirty days ofter circulating notes to tho amount of $1,000,00) sholl from thno to timo bo issued to Na tonat-Banking Associations under this nct, it shall be the duty of tho Bearotary of the Tressury to retiro an scorot power of renowing iteelf perennially, and, wo bogin to think, has ' somo of the characteris- tica of the contury plant. Tho youngest olty of importance in Amecrica, whoso earlicat village cism. It should bas borne In mind, however, that tho Legisiaturs, which s the only body competent to adjudicato upon the case, has beon called to moot in extra sossion Monday. Tho propor thing to do would be to wait, for decon- cy's sako, until the time for the boginning of the leglslative sossion has passed. Gov. Beveridge has issued s proolamation recommending the general observance of May 80 ns Decoration Day. He assigns as a reason for his action ‘‘national and departmental ordora of the Grand Army of tho Ropublic.” It is & new thing for this organization to have s share in tho Government of Illinofs. Gov. Beveridge ought to inform the people, to whom Lis proclamation is addressed, how it happens tbat ‘national and departmental orders of a‘ private soclety aro quoted ss su- prome authority in an Excoutive doce ument. The language used 18 in bad taste and extra-official ; it will not appeal to the good sonec of members of the Graud Army, while it will bo offensive to soldiera not belonging to it, of whom there aro thousands in thia Btato, whose loyalty has nevorboon questioned. As for tho friends of tho men who died in fighting for elr obligations, under the new he Toxas & Pacific Railroad nnounced that the Hon, s boen offered and has bip of the Treasury. an admission that Mr. hands of his friends,” av would like to be elovated to the udential ohair. Friends of the candidate .40 have no better business on hond will fiud swmployment for much spare time in asking & eategorical atatement of his views on the cur- rency question. —— The Qentennial bill has been recommitted, snd 1t ia generally undorstood thatno attompt to ro- wive it will be mado during the present. sossion, Kelley and his friends—somebody should writo » book with this title—hope for bottor times noxt winter. Thore is Borions danger of = coalition between the Centennial grabbers and the paper-monoy grabbers, by means of which & double-headed awindlo will be offocted. An op- portunity of frustrating this design will be pre- sented to the country in the general olections next fall, — An opportunity for a new investigation has been presented by the New York Bank-Note Engraviug Company. A reprosentative of the Company appeared before a Congressional Com- mittee yesterday, and made damaging state- ments in regard to the letting of contracts for printing Troasury notes. It.is assorted by friends of tho Troasury ofticiala implicated that an attompt at bribory was made, and failed;, if experience may be trusted in so delicato & mat- tor, 1t would suggest that an attempt at bribery, it made, did not fail. — A dividend of 5 per cent in cash will scon be declared by the Trustee and Committeo of tho eatate of Jay Cooke & Co. The Trustee has been furthor authorized to make s fina) sottle- ment on tho basis of 16 per cont in caeh and 85 per cont fn varioua socuritios held by the bank- rupt firm. Incase this arrangemont is carried out, Northern Pacifio will be putin for 50 per cent of the indebtedness, and will bo rated at 70 cents on the dollar} 8o Northern Paoclfic has not gone by the board, and thero may yot bes harvest of railroad advertiaing for the Advance and the other religious newspapers, non in thohiatory of the Bwing trial. To accommodate tho minfaters of the Preabytery, who aroacoustomed to make propara- tion for the work of Sunday on Boturday, an sdjournment has boen taken until Monday. If anybody shall be disturbed by mournful foro- bodings during tho Interim, it will not be Prof. Bwing. He has beon acquitted alrondy by pub- o opinion, =and hns the °etrongest as- mrance that ho possesses the con- ldence and love of a mafority of his brethren in the Prosbytery. Prof. Patton has the credit of baving conduoted the defonse with great ability and unassuming zeal. Ho has 1m- posed upon Prof, Swing s groat welght of obll- gatlon, To-day {8 & e —— M The Ohloago produce markets wors gonerally weak yeaterday, with an active speculative busi- nesd, but fowor transactions in broadatuffs for ossh, Mess pork was active, and 100 per brl lower, oloaing at $16.42@10.45 cash or seller June, and $10.70 soller July, Lard was aotive and easler, closing at $10.00@10.05 por 100 lby cagh, and $10.12)§@10.16 seller June, Moats wore dull =nd stoady, at 60 for shoulders, 88,70 for short ribs, 90 for short olear, and 10@113¢0 for aweet-plokled hams, Lake freight were more active and 3{o lower, at 83{o for gora to Buffalo. Highwines were in light demand and stoady, at 040 por gallon, Flour was quiet and weak, Wheat was modorately aotive, and 130 lower, closing at §1.215{ oash, 81,23} scller Juno, aad §1.243¢ for No. 2 Minnosots,. Corn was loss native aud A3ge lower, aloslog as 03360 oasl, sud the lost cause—the proclamation does not seom to bo meant for them. —ee An arbitrary and oppressive tax was levied upon the New York theatres by an act of the Logislature, passed May 23, 1872, This act in- corporated the Society for the Reformation of Juvenile Delinquents, and provided for the col- lection in its Intorcats or $500 Annually from ench of the oity theatres. A dispatch ia pub- lished this morning to the effect that the thea~ tros have combined to rosist the payment of the tax, on the ground that the Blate has no right to exact mpealal fecs from places of puhllu resort, except on tho ground that thoy tend to cause breaches of tho peace or to foster immorality. * Neither of those facts,” the argumont contlanues, “‘ought to be prodicated of the thentro of m-Hny.” Hore 18 & cloar case for moral speculation on the part of pulpit orators and intelligent gontlomen of the dramatic profeesion. A revival of the dis- cussion on the morits of tho drama would creato a blooming garden in the fleld of thoologleal re- search into which the unwary people of Chicago have boen seduced, Toat cages will, within a fow days, be made up againat the Wisconalu railroad companies that have violated the law., In this manuer, the con- test botween the State ofiicials and the compa- niea will be removed to tho Courts, whore it prop- erly bolongs, Indoed, thera was no reason to expect any other solution of the railroad prob- lom; yot the procedure appears ludicrously sim- plo and peacoful when considored in the light of Gov. Taylor's proclamation. The sffong lan- gusge * nsed by bim, it sppears, only meant that he would direet tho At torney-General to prosecnto violations of the Ilaw. Ho might properly have refralned from making so ordinary & pleco of businees the occasion for an appenl to the peo- ple. Beyoral of the minor transportation lines In the Btate have informoed the Governor of their concurronce in the provisions of the law. Whather thoy have been induced to yiold be- cause of their extreme weoakness, or for tho rea~ son that gencrous rates havo boen allowed to ronds of tho lower classes, has not yet been ex- plained. Tho presumption is that thoy were not. governed by loftier motives than these. i ——————— Tho list of Western newspapors now begins to show the maguitude of an undortaking to olaesify them on the issue involved in the our- rency question. Yesterday added 150 to the list, and atill there are’ many to bo heard from, for the Weat is an Empire, and its renresentative prees {8 & mighty hoat. ‘Yhe figures, this morn- ing, show the anti-inflation papers to bo 99 abond, 1n s total of 765, as followa : Suatain the Opposs the On the veto, veto, fance 18 o7 u 3 o 5 8 a1 ] @ U 1 l: 88 ‘? 16 8 4 2 1 Tataln to-day, 315 20 Totals yeaterds 244 20 Added t0-d8Y.s0sieeees 8O k28 It ia remarked in the returns that an unex- peotedly Iarge number of newspapers, about equally of Republican and Demooratio antece- dents, now deslre tg be olassifled as Independent, in the truo meaning of that word ; and an anal- yais of the Illlnoia returns, to date, gives the following cuarious result Sud;{n the veto, Republican, Total, Petrolonm-refuse and watey furnish the ma- torials for & now light, which, it is said, throws ordinary gas-light into the shade. Tho water is foregd through the petroloum-refuss, decom- -posed in part, and burna with aclear flame, The Use of fixe is dlapensed with, presaure taking ite yominisconoes can bo recalled by men who aro not yot old, Chicago s to-day tho third city in sico and altogether the most bosutiful ity on the Continont, It passed through an ordeal of fire such as no other city over oxperloncod, and camo out of it chastened and improved, Ton years wero given us as the shortest timo within whioh we could ro-ostab- lieh ourselves; within two yoars wo wore far in gdvanco of where we stood before, A littlo morg than two yeara aftor tho firo the panio came, and it found Ohicago batter ablo to with- stand its ravages than oldorcities. Our business mep pursued the even tenor of their way; our banks did not resort to cortificatos of doposit; our Board of Trado kept up ita sessions; our busineas was only temporarily affected by out- side influcnces; our roal estato held its values; and it was gonorally conceded that this city stood fhe trial bettor than any other commercial metropolis in tho country. The railrond centro, tho lnke centre, tho grain contre, tho lumber centro, the pork contro,—wo rested our hopes of proapoerity on the prod\po of tho Northwest, and we were not decolved. Our speculation bas always had & more solid bnals than the speoulation of other cities. Capital haa flowed into Olyiengo becauss it could bo more profitably used hero than elsewhers. It hns ‘bullt our railrosds, extended our business con- nections, and has boen ovor ready to onlarge and Improve our oity in response to the most extrav- agant demandy of local pride. The fire was mado the pretextof enlarging instead of con tracting our busineps diatrict. TYustead of driv- ing people away, it has nitractod from 60,000 to 165,000 now and onargetlo inhsbitants. Instead of rebuilding tempoyarily and vheaply, there has boon a spirit of emulstion among our eapital- ists to outrun each other in the lavish- ness of the new improvements. By the very policy which outside peaplo have called ' over- reaching,” we havo constautly attracted mew strength. There has beon an effort In the articls printed olsowhere to cover all esgential . pomnts in the matter of Chicago's material condition. In a business way, tho panic has been partially ben- eficial to Chicago. It restored largely the oash systom, and country merchants, who bought in large consignments at the Easst, now buy i emeller lota for oash in Chi- cago. It has roprossed epeculation and introduced & safer and more oconserva- tive system of operations. A comparative statoment of the receipts and shipments for the first four mounths of this year aud tho frst four months of laat year shows an Increaso that is marvelous under the circumstances in flour, whoat, pork, butter, cattle, lumbor, and all our staples, exoopt corn, in which the crop has been notoriously short. We have paid tho farmors botter prices, and yet mado money atit. Tho increaso n tho dry-goods busincsa has beon 26 per cont; in the grucery-trade; from 16 to 20 per oent; in boots and shoes, 18 por cont; in millinery, from 20 to 25 per cent, and 80 on. Wo have spread out in | the way of direot importation, and are constant- ly enlarging our facilitios to render Westorn deslers indepondent of Eastern cities in every reepect, The testimony of the lending loan- brdkors is that Chicago property furnishes as good securities 88 ever, that capitalists are equally eagor for investmonts here, that the in- terest on our mortgages is veing promptly paid, and that the hosvy borrowers are steadily re- ducing the bulk of their loans out of the profits of their business., The excoptions prove tho rule. The bulk of the ‘testimony of property-holders goes to show that improved property is more productive than has gencrally been supposed, and examlvation discovera as small & percentage of vacant storos, in spite of tho enlargoment of tho business dlsiriot, sa will be found in “any other city. Rents aro lower than they wore just after the fire, when the demand largely exoceaded tho supply, and perhaps lower in proe portion than whon everybody oxpeoted to oarn full 10 por cont on hia wmoney ; but the ovidonce is that that thoy are equitably fixed aa be- tween landlord and temant. If our im- provements somowhat exceed our immedi- ate demands, it i8 becanse, as Mr. John O. Dore says in the interview with him, ¢ the future as woll as the present was lookéd at." ‘We will grow up to our presont garments long before the time predicted by our business men, and befors any of us aro aware of it. This has always been the courae of things in Chicago, Tho sum of the whole mattor is that Chicago's Pproapority is co-extenaive with the proaperity of the Northwest, and always must be so,—the croakers at home and tho envious abroad to the contrary notwithatanding, —— The London Economist considers Dlsmarck's ecclealastical policy a childish and mistaken de- “parture from the wiso rule followod in Amerlos by the Btatoin its relation to tho Ohurob, viz. neither to help nor bindor any faith, The Chane collor, the Loonomfs! continues, although & statesman of the first order in relation to what ftcalls the coarser aud more bodily alde of stalesmanship, bas & vory imporfeot ap- prehonsion of the enormous strength of th more delloate hind ol merel a5k apizibue (aye amount of United Statos notes equal to 60 per contum of tho circtlating notes so isaued, which shall bo in Toduction of tho maximum amount of $383,000,000 f1xed by thie soction, and such reduction aball continue dmum amount of United Slates notes all bo $320,000,000 ; nd for that pur- pose Lo 3 authorlzod to fssue and sell at publio salo, aftor ton days’ notice of tho tmo and placaof walo, & sufficlont amount of bonds of tho United Btates of the character and doscription prescribed 1n this act, for United 8tatos notos to bo then retired and cancoled, 1t would bo strange indeed, it the bill wero solf-contradictory in its terms, it it provided for froo banking, romoved the restriotion on the iseues of National Baok notes, and provided 2180 againat froo banking, and fixed the number: of notes which might be fssued under ic at the “figure abovo stated. Tho Benato, we take it, 18 not quite demented, even if it did givo & majority to the bill which tho President votood, and which certainly dd not contain many ounces of financial wisdom, It is argued, since tho ontire amount of United Btatos notes in clrculation at any one timo cannot, by the provisions of this bill, ever oxceed tho sum of $332,000,000, and that for ev- ery 1,000,000 1n national notos issued, $500,000 greonbacks must bo rotired, thaf, whon the greenbacks have boon reduced to the limit eet to their volume by law (viz: $300,000,000), sl further issuo of retired .bank notes must censo. No eyo but thatof an inflationist can possi- bly discover such a provision in tho Senate bill. It is a good rule of logal construction that every word in a bill must, if possible, be given some force, and, a fortiori, every provision of a stat~ ute, Itis & good rule, too, that the worde of & statute sball be 80 construed, if 1¢ bo at all posaible, that ita provisions shall not contradiot ono anothor. Now, certainly, it Sec. 4 is to be given any force, the construction put on Beo. 8 by the ropudiation organ must be rejected. Dut thero is noihing in the wording even of Bec. 8 which warrants the inference that 1t in any way looks towards & reduction in tho amount of National Bank notes which may ba 1ssued. Tho bill contomplates the issue of bank notes to the value of at least $164,000,000, it ia true, "It would take that amount to csuse the reduction of the volume of grecnbacks to the limlt named, 8800,000,000. Thers is noth- ing In the bill prolubiting the fasue of notes aftor this limlt is renched, whon they mny bo issued without thoe taking-up of greenbacks. The issue of National Bank notes and tho with- drawal of greonbacks are two distinct opora- tlons, Tho formor has no limit under the pro- vielons of the bill; the latter bas, it being pro- vided that tho retiroment of United States notea shall continue until their number in ciroulation shall ropresent the #um of ©300,000,000, Thia sum was tixed as the figure likely to produce an equalization of the value of greenbacks with gold. . Equally wrong is the objection that the pro- pored bill increases the publle debt. I¢ pro- vides, it is true, for the convorsion of irre- deemable notes into intorost-boaring bonds, but not for an inorease of the debt. Bo far, the bill is only an act of national'morality; but ‘what care the repydiators for national ‘morality, or national honor? Thoir polioy is to violaie both. ‘The worat featurs, however, to the biil in the eyes of the inflationists {s that it provides for a return to gpecle payments, Tho mouth-placo of Logan, in this city, considers .the fixlug of a day for the return to specie paymonts & plece of impertinenco, It arguos that this is very un- wise, becauso *tho present Cougress doocs not know what the condition of the Treasury of tho country will bo on tha 1st day of January, 1877,"—the timo fixed for resumption to bogwm, It makea Mttle difference . what tho condition of the Troasury at _that time gill “be, provided the national oredit isgood. If we have oredit with the world, we can got all the gold wo slall need to carry out the provisions of thoInw. True, wo shall have to pay for what wo get; but tho additional ex- ponse entallod will be more than counterbal- anced morally by the salvation of our honor, and practically by the inoreasod value of the green- backs and the National Bank notee, which will then be worth par.” ——— REGULATION OF RAILROADS, There was s oaso decided at a reoont mession of the Oourt of Errors and Appeals of Delaware, by Obancellor Bates, of that Btato, tho eriticlsm on which by Judge Redfleld, in the March num: ber of the ZLaw Regialer, throws soms little light on the lega!l aspeots of the Wis. consin Rsilrond Iaw. The sction waa inutituted by one DBowera against tho Philadelphis, Wilmington & Baltimore Railroad Company tu recover $50.80a8 a penalty for over- chargo by the Gompany, for oarrying froight from New York to Wilmington at & greator rato per milo than it had ohargoed for aimilar services be- tweon Port Deposit, in Maryland, and Wilming- ton, Del. The legislative bearing on tho sub- Ject will bo found in tha following section of an wob of tho Gonoral Assombly of Delaware pasaed April 11, 1874 ¢ Bxo, &, That if thessld Philadelphis, Wilmington & Daltimoro Rajlroad Company,or any other ratlroud come pany in thia Btato, slisll, either aa the operator of its own rallroad or raflronds, or ox lessee of other rail roads within the State, charge and zecclye a groater Tute por mile for the carrlago of passengers (sxcopt ao fur as tho game may b lucresaed to the amount of the tax anaually pald under the provicdons of Chsp, 458, Vol, 13 of the Laws of Dalaware) ar for the carrisge or transportation of goods, wares or merchandise of @t propasty whstacaver, trom ylsss 10 placs within MAY 0, 1874, | the Btats, or from & wittin the o s p without the Btate, charged by such compnny for the carrings of passengers and the tromsportation of proporty er froight for like distances, or por mile, from places without tho Slate to placos witbin the Btato, or from places within tho Btato through the Btate 1o other piacos without the State, the person or Perona paying such charges, oltlior an faro or frelght, shall be entitled to rocover from sich company #o charging and recolving the samo & sum of ten-fold {lio amount of tho monoy #o paid, to bo recovered in an action of debt or assunipstt, aa like amounta are now recovored by law, Bowors recovored In the Court below, anbject to certaln quostions reserved for tho Court of Errors and Appeals. That Court held that any act restricting any franohiso veated In s corpo- ration by its chartor, and meterial to tho bone- flelal exorcige of tho grant, is an impalring of the obligation of & contract, within the prohl- bition of the Constitution; that an act regulat- ing raflway chargos—no such power having boon roserved in tho oharter—is void of, and that such an act [s not within the police power of tho Btate, Judge Rodtleld, perbaps tho highest authority in tho country on raflway law, finds’ fault with tho opinion of Chancollor Bates. Ho doos not think the grounds on which the decision is based tonsblo, even when tho Conatitution does not, us it doga in ‘Wiaconain, resorve to tho Logislaturo the right to modify or repeal tho charfer af a corporation. Ho docs not grant that the.power to adjust its own tarift of charges by its own officers, according to their own views of the nacoseltios of business, and without supervision, is & part of the franchises of a railway corporation anywhere. Ho claims that corporations, Mko natural porsons, are sub- Jeob to remedial legtalation and amenable to general lawa. Clinncollor Bates rolied in his opinion oh the Dartmouth College cage. Mr. Redtiold thinks he misapplics the law of that case, and says that *¢it tho doctrine of tho-Dartmonth Colloge case reachod g0 far into the domain of State logiala- tion aa to oxompt corporations from its control excopt when favorable to thelr wishes, it novor ought to have been made, and tho soonor it is raversod tho botter.” Ho thinks, Lhowever, that | thera is no fairness in giving that case any such oxtonsion ; that- by no fair oonmstruction can anything in that case boe un- dorstood =8 giving sny greater im- munity to corporations from oboying general logislation in regard to their business than natural porsons have. .Tho vital and essential franchises only of existing corporations aro by that decision declared to be inviolate. Itdoes nomore than placo them on tho eame lovel as individuals pursuing the samo businoss. Thero is no oxclusive right in & common enrrier to rogulato ratos of toll, or faros and freight, upon his routo. Tho Stato possosses this powor in the caso of an individual, and does not divest iteelf of it to a corporation when it grants it a charter empowering it to do what all individuals possess the right to do wikhout any logislation. The presumption, Mr. Redfield biolds, is ngainst all exclusivo priviloges, unless shown by ex- press grant! Corporations and individuals alike entor on tho business subject to future logisla- tive control. Thia principle Mr. Redffeld illus- trates by numeroua decisions in the Bupromo Court of the United Statos, and of the Stato conrta. The analogy of the law is in favor of it. The regulation of chargos and the modo of con- dueting business of common carriors, Mr Red- fleld thinks, is & subject of logislative action, especlally since tho ora of tho railway system —»a system in which there is no compe- tition, and in which there is, thereflore, & * most ovorwhelming monopoly.” 'The churtering of & railway to heceme a common carrinrimplies only that it may do as othor common carriors are al- lowed bylaw to do. If tho Logislature has the power to say that hackmen or toainsters shall be paid for their services, it soems only - reasonsble that it should havo a right to say what corpora~ ,tions shall recelve for theirs, for rallway com- panies are ouly teamstors and hickmon on a. grander scalo. 1 Mr. Rodfleld's opinions on this question are worthy of sorioua consideration as woll on mc- count of the acknowlodged autharity of the writer as on account of the importnnce of the issue. As the right to amend or recall franchises I8 expreesly reserved in tho Constiuation of the Wisconsin, it {s probable that, if the Wisconsin Ralilrond ncts are doclared unconstitutionsl atall, || it will be because they put thoachedule of rates | 20 low that tho roads cannot be operabod undor it, and not because the Logislature was not pos- sossed of the authority to fix rates, AN EXTRAORDINARY CABE, " The case of ofticlal burglary at Washington is porhaps one of tho most extraordinary aud dis- gracoful evonts that evor ocourred in’ thia conntry. The United States District Attorney is named Harrington, and he has boon scting as coun- sel for some of the officiala implicaten in the ex- amination into tho affairs of the Distrigh Gov- ernmont. Cousplouous * among those who memorialized Congress to ordor thist fnvestiga-- tion was Mr. Columbus Aloxander, a respectablo cltizon of Washington., Mr, Alexand or had rop- rosontod that the original papers in & cortain case would throw much light on tho trans- actions, but thosa papers have nover been pro- duced. Last wook, o citizen named Ives, going homo after midnight snd passing the office of tho Distriot Attornoy, was startled by the euddon sppearance of thot ofileial in parfiiul disguise. Picsonting & pistol at tho head of /the ofiicial, tho lattor disclosed himaolf and beg ged Mr. Ives not to shoot. -Immediately the Stiperintondent of Polico and o brothor' of Gov, Bhepherd ap- poared on the scone, and the result waas that Ives waa ordered to * move, on" towsrds his home, Instoad of doing this, however, ho. went around tho block, returning to a point whore, unob- sorved, Lie could watoh theso officinl sotors in the etrange scene, In course of -time mn oxplosion waa hoard In tho offico of tho Diutrict Attorney, and 8 man with a tin box came oat ; thisman was. | afterwards dis covered to bo a professional burg- lar, who had blown open-the safe in the ofiic. With this box bo proceeded to Mr, Aloxander's resldonco, but mistook tha door, lut.i, aftor wail~ ing & long timo in an ondlenvor to arouse Aley:- [ ander, he loft. From thes offico whore tha burg;- Inry was committed, the burglar was followed iy Harrington, the Buperintendentof Police, wod Shepherd. ThisisIves'wtory, Nowtheexplanati on of all this is, that thie wholo thing s o plot. Harrington and tho cithers, it is 8ald, had Jaired tho profossional burgler to blow open the eafy, take tho box and dtdliver it to Alloxandor ; they woro then to powace upon Aloxander, find tho box in lns possosislon, prove that tho box hud been lookod up ¢sver night in tho mafo, and thus environ him #ith clroumstantial eviderice of having cummitited the burglary in ordor to find the missing Lapers. The lnat part of the plat tailed to wouk sucr.osstully, sud, moreover, Inas wad & witne su to the presence of Harriugtom ax:d the Police Bupe.rintendont at the timo of Vae | burglary. An attompt wes made next day to bully Ives int,0 an sdmisslon that he wae droi 1k 41e 0/ giab ¥ fore, and dld nod kuow what be w as dolug § but Ives rofused to admit anyibing of | whole Btato budget of Loulslana, Itn taxes o tho kind. Inetend of putting Aloxandor in tho | over 85,000,000 por annum, Its dobt s 838, tolls of o burglary, tho partios wore themselves | 000,000, Two-thirds of this smount haa heon caught in what looked very much Mko & con. | 90ntraotod within tho last sovon yoars. spiracy. Bo Richards, the Polico Buperintond- ont, carofully consldering his pesition, has, it in sald, made a cloan brenst of the wholo mat- tor, ‘The House of Represontatives, by su unani- mous vote, instructod tho Committes to inves- Ugato this alfair § and, it the faots turn outas statod, it I8 without parallel in the records of official rasoslity. - Hore was tho Dlstriot Attor- noy, ropresonting the United 'Btates, engaged with a professional thiet in the burglarious rob- bory of his own offico, that he might falsely ac~ cuso and convict & respeotablo oltizon of afolony. 1, upon Investigation, this orimo bo oatablished, theso offlelals ought to bo not only promptly dismissed from office, but akould bo put within prigon-walls for torms equaling their natural lives, The wholo affalr is of o desporate a charactor that it s difficult to bollovo the ver- sion which haa been given it. But it ought to be aiftod to the bottom, and, it it is proved tobe what it hoa beon ropreaented, the guilty partios should suffor the full penalty of the law. THE IRONIZED PAVEMENTS, In Gov, Bhephord's tostimony before the Senatorial Committeo at Washington, he stated that, aftor DoGolyer & MoOlelland had laid & portlon of the ironized wood pavemont in that city, ha had received information and was him- solf sntisflod that it was worthloss. Neverthe- loss, ho hiad allowed them to go on and lay moro of tho same pavement; but he doclared that hb hed not done this until ho was shown a cortifi- cato from the Board of Public Works of Obl- eago “'that the DoGolyer pavement laid in that civy, a8 far as ithad been tested, was & goodone." On this point wo are furnished with tho follow- ing momorandum from the offico of tho Board of Public Works of Chicago: TThe Board of Public Works of this oity state that thoy nover gave the DoGolyor & McOlolinud Paving CGompany a coftificata that the pavement Iaid by that Gompany in Chicago was as good s any other, Tho Board poremptorily refusod to givo such a cortificate, although thoy wore urgod to do so. They gave, a8 tholr reason for refusing to give o cortificato of that ‘character, the fact that tho ironfzod pavement had not been in uss long encugh to enablo them to docido upon ita merits, Tho only certificate Issuod to DeGolyer & McOlolland by tho Oblesgo Board wes one to this offect: Thnt a certain quantity of thelr pavemont had beon lafd; that it appeared, thus for, toboos g00d aa any othor; but that 1t had not boon laid loog enough to be thoroughly tested, 1t is remorkablo that Mr. Shepherd, having become eatisflod that the ironized pavement laid 1n Washington was 8o * worthloss” that ho had .met aside the contract and probibited any more being lad, should be induced to allow ©100,000 more work of the samo *‘worthless" kind to bo dono upon a ocor- tifleate that a like pavement laid in Chicago had not boon in uee long enongh to tell whether it was ' worthloss” or not. ‘The contractors sought such a certificato a8 Gov, Bhopherd says ho was furnished, but it wea refused, and, in order to olear up the point as to why the Gov- ernor was induced to allow theso mon to resume their work, ho had botter be required to produce the original cortificate. Ho certainly gives » version of it not recognized by the Board of Public Worka of this city. * AN EMBARBASSMERT OF FACIS. 'The dificulties of advocating inflation in 2 daily paper in Chicago have won tho attention mud enlisted the sympathy of the public. Nover was & labor 80 bravely undertaken or g0 perseveringly adborod to in tho face of facts that have been absolutely crushing. The paper which was professcdly *‘independent in nothing™ had not oven the ordinary escape of tho politician by falling bohind tho *‘ party.” The inflation of the currency was advaoatod because the conntry wanted monoy to move tho crops, und then, in another part of the paper, was the sstound- ing revalation that the crops had been moving all winter without the slightest interruption, more rapidly, in fact, than usual. An inflation of tho ourrency was domanded because tho peoplo in the country did not have money enough to purchago the articles of common ne- cossity, and were reduced to the old system of barter; whoreupon, ' in another part of the same papor, was recorded the fact that nover was there suoh an amount of monoy at this season in tho intorior, and never were the producers so full-handed or soablo to make their purchases in cash. - Buill the inflation cry had to be kept up. Beven-men were found in Ohicago who wanted an inflation of the currency to cna- ble tho banks to lend money to those having se+ curity, and simultaneously the fact had to be msade known that thero wes not s bank in Chi- cago that was not overflowing with money, ready tobo loaned to anybody ablo to give security. Thon it was urgod that tho Republican party of Illinois demanded an inflation of the currency, and, o8 if in answor to tiis, the President aud his Cabinet, ropresenting that party, sontto Con- gresa tho now memornble deolaration that the Republioan party was pledged to a speedy return to apecio payments, and that, representing that party, the Prosident could not spprove of any Togislation which even scemingly oxpanded the volumo of prper money. Daring all this controversy, the editorisl page 'has glistened with the rhetoric of the expnusion- Ist, while the page of facts haa been loaded down with the evidences of tho abundance of monoy, the facility of obtaining loans, mnd the succosa- ful progress of all substantial business. This oporation of' daily publishing tho wildest do- mands for more curroucy to moet the indispen- sablo wants of business, this daily prosentation of the loss, destruction, and ruin consoquent [ upon the searcity of ourrency and tho inability , to borrow, and, at tho same timo, publishing Zfoots directly contradicting all this, has boen an examploof journalism under difficulties ¢f no | ordinary oharacter. Theso conflioting state- | ments reachod a cllmax the othor day, when in , the rhetorie column it was declared that tho veto did not represent the sentiments of the people ! who personally know thore was no monoy to bo obtained from tho banks, because thera was not enough currenoy in circulation ; while, in the faot column, it was atated that there was such a . plothora of currency in Chicago that the banks had runners in the streots boggiug people to bor- | row, and were nctually forclng it on thoir cus- " tomers at b por cont per annum | That 8 successful journsllsm. Any man of ordluary intelligence can publish a brilliant edi- torial page with » column of facts to suatalu his assertions; but it requires gunius of the highost order to publish the facts and malntain, day . attor duy, the theory.of whioh theso fadtaaros -direct rofutation. To Chicago belongs whatever | oreditis due for this successful performance, “which 18 equal to the cirous feat of riding two Torses at the samo timo, onch horse golngina contrary direction, The Gity of New Orleaus contributes as ite share to the Biate exponses cne-lalf of the NOTES AND OPINION. Entries on the political calondar ¢ May 20, Virginis Farmora’ Convantion, duno 1, Oregon Eluction, * Junoe 16, Tikinols Independont Conventlon, June 10, Indiana Neform Convoutivm, Juno1?, Ijlinola lepublican Convention, Juno17, Indians Ropublican Convention, June 23, Maino Democratio Conveution, Juno 24, Tows Auti-Monupoly Convention, July 1. Towa Ropublican Convention, July 16, Indiano Domocratio Convention, July 16, Ohio Domocratie Convention, July 29, Alabsma Consorvativo Convention, —The Quincy (1lL.) Herald announces * uzon unquostionable authority that the Hon, Willinm R. Morrison, & Demooratio membor of Congross from this State, who hns boon in feeble hoalth, and abgent from his meat, would have voted ngainat the Curroncy bill, and therofore indoraes the voto. It has slrondy boon anuonnced that Jamen O. Robinson, another Domooratic Cone gresaman from 1llinois, has undergono a changa of mind sinco voting for the LIl ~The Balem (IIL) Indusirial Advocale, ex~ Demuoratic, and now of the Farmers' Movement, makes a bid for Logan, Morton, Oglesby, ot alk, in thoso worda: Xt Logan, und Morton, and Bherman, sud Gonkiag Wero now Lo agreo upon & finance compromise Ui Hhint ey could adocato and tho Fresldant would o= prove, st would not hosl the breach already muds, Tlio contractioniats have shown -their handa ad cloarly thut a bill now framod even more generously in favor of tho Weat and Bouth would fail to-rostore confidonce among the masses. They would expoct some uidden trick by which capltallsta wore to Lo benefitod, Note withstanding tho strong confidencs the people havo in these two Bonators, and thoss who weted with them, noither Gon, Logan nor Mr, Morton could carry their own Biatea as Ropublicans, The party name 6o do- sorvedly honorod during the great Robellion has to- come a stench to the pouple, The rabblo outsido of Congress that Gon, Grant nrl would clamor for othor 1ndulgences if this fluance bitl waa granted, ave awako, and wiil not consont to be tramplod upon longer, Tue Sloquoncaof Bogen and Oglesby would fall doad at Rl fost f usod i tho Batm of tho Republican party, They Linvo the confidence of the Woat notes Ropubil- cans, but becauso of thelr offort to ralieve Iabor of & part'of its burdoas, —The Alton (TIl.) Tetegraph, anti-inflation Republican, has duly warned its own party lead- org, and now says of tho Opposition : If oll of theso discordant and antagoniatio sloments can be fused futo one EYM'. and harmontous purty, and be s controlled snd managed as to get into oW, or, and accomplish by legislation all chat each ono of tho very distinct clasaes composing it desire, then wa will admit that our experionco in the political afinirs of tho last forty yeara hias taught us but little, —Tho Prairie Oity (1l.) Ieratd, anti-inflation Ropublican, thinks that whatever parlyin the West mnkes inflation a plank, noedn’t bother about other planks, and saye : ‘The mannor in which pnt{ Lines aro to be drawn in the noxt political contost will depend upon the ques. tion atiseue, That is, if the question be oneof finance—whother or not the country {a to be flooded with papor money—it may bo suflicient to superncde all othor conslderations, snd for a time tho only partios may be contractionists and inflationists, ~The Bloomington Pantagraph (anti-infla tion), nnd the Bldomington Leader (inflation), ‘ ropresent tho onco powerful and harmontous Rae pablican party in MoLean Couaty. We quote from the Pantagraph : The following {s trom yesterdsy’s Leader,~tho pa= per which {s eo savage againat evorybody who suggesta that unlimited inflation means repudistion. What elao does this mean? Princely fortuncs havs been amassed by taking ade vantage of_the necessitica of the country, by buying up its bonds st 50 and 60 cents on the dollar, drawing Intorest on their fuce, and holding them unti] they are worth 16 to 20 per cout premium; and, now, these aris« tocrats, iaving loaned out thelr’ * irrodeerable papcs lles” to tho lx;:rnlrlhl classes, at & 100 cents on the dollar, sesk to comlpell the payment of debts, contract od when money was Elunty, in gold,—13 per cent bete tor tha the money they Joined, and 160 per oent bet. ter than wers tlie bonds on which m havo made. their fortunes| For oue, we say thoy shall not do ¢, —Tho Illinots State Journal, inflation Repube lioan, declaros : Nobody i8 llkely to bo matiafied with either of the so- called * compromise ¥ Curreucy bills now before Cune 9, Each contemplates & reduction of the grecun acks,—which are 8 most popular part of the currency with tho peopls,—~while both propose an increas uf the Nationsl Bank currenoy, thus incressing the power of “the Natioual Banks, upon which the peopls look with jeslousy, . . . . Thero can bano measure of immedlate relief which does mot fncluds fncrease fn tho volume of greenbacks, and any othor 1s & cheat and a delusion, ~—Oceasionally wo filnd Grant organs talking to thomsolves plumes becavse Democratio and iudopendent journsls indorse the President's voto of the inflation bill, If they would go far beyond the White House and trace the author- ship of that veto to the storn sense of right and unrelonting intogrity of the majority of the Amorican peoplo, they would invite more flatter- ing opinions of their engacity.—Qutncy (Zil.) Herald. = —Thoy aro still agitating the currency ques. tion in Congress, buving dono scarcely anythin, olgo tho whole adasion, 1f Congrosa would jusf lot the curroncy alone, stop its everlasting tink- efinfi, 1ot the lnws of trado govern tho business of the country, and provide for its redomption some time in the ‘future, 8o as to prepare tho country for it when it did come, it s all that could ba asked, and we beliovo {t Is all that in necessary.— @Foshen (Iud.) Dvmocrat. —Wo sny, lot the businocss of the conntry reg- ulato the ‘mattor without further legisiation. ‘With such a polioy ic is. ouly & matter of time when wo shall como down to that point whore the maseos 80 much desire to be pluced. But if in. flation is renewed, tho Lord only knows, whon our finances will bo in'a safe coudition.—Bur- lington (Ia.) Gazette, —It Congross can find no more to do than yes- torday's roport indicates, it might profitably close tho play, and eud tho idle proteuse of work.—Indianapolis Sentnel, —It was Dr. Packard, of thia Btate, instoad ot Pucker, of Penasylvauls, who uxpoka Tuosday in favor of the Coutennial job. If Mr., Packard's constituents are in favor of Congress appropri- sting $8,000,000 of the public monoy to that concern, they differ very much from the people down this way, Perliaps, howover, Mr, Packird doos uot care what his constituents think about it.—Indianapolis Journal. WOMAN-SUFFRAGE. The Michigan State Convention, Correspondence of T'he Chicaao Tribune, LanstNa, Mich., May 7.—~Tho following oMcers were soleoted by the Womun-Suffrage Convone tion : Preuidont—The Hon. Jonas H. McGowan, Branch County; Vice-Presidents—Tha Rov. Rich- mond Flak, Jr., D.D., Kent Qounty ; Mra, John J. Bagloy, Wayne ; Miss Eliza Loggett, Wayno ; the Hon, W. N. Hudson, Wayno: the Hon. W. 8. Wilcox, Lenaweo ; the Hon, Taloot E. Wing, Monroe ; Mrs. A. E. Graves, Onlhoun; Mary Lathrop, Jackson ; tho Hon, Lew1 Bpark, Bor- rien; tho Rev. H. 0. Poock, Kalamazoo; the Hon. 8, L. Withey, Xent ; JamosMiller, Kont ; Randolph Btrickland, Clinton ; 0. T, Kimball, Oakland ; tho Hon. Ira H. Bufterfield, Lapeer } John M, Potter, Macomb ; tho Hon, Ttalph Ely, Qratiot ; Mra, 8, M. Groon, Bay; Elvira L. Sprague, Grand Traverse ; 8. W. Fowler, Man- istea. Rocording Bocrotary—>rs, W. Goddos, Lenawae, Correspouding Becretary—To bs upe poiated by Exocutive Committee. Executiva Committes—~William M. Forry, Ottawa County Chairman); Giles B. Stebbius, Wayno; J. R. Wayne; tlio Hon. Clisrloa E, Mickloy, Lm‘:::?; Mea, AL Ao Hazlott, Hillsdslo; tho Hon. Willlam Withington, = Jackson ; Morgan Bates, Calhioun ; James H, Stono, Kalu- mazoo; Misa 8, Clute, St. A. Harlan, Kent: Mrs, J. E. Bligs, Kent; J. Bartholomow, Ingham; Misa A, A. Jennte, Gonoseo; the Hon. J. O, Lamb, Lapeer; tho Hon, J. 2. loyt, Tuscols; tho_Hon, Ubirlca Doland, Sagluaw; the Hon. J, D. Lowls, lay; E. L, Qray, Newaygo; Mrs, J. J. Raudall, Traverac, u*l‘x‘g Committee on resolutions made the fol- lowing as a partial rnxifirt: e K b wa gludly a opefully recognize in zh.{l:fgofl:'xl{r;{,"-':nmfnhoiumunap:.;uu rowih of & ublic opinion which must break down all barriers in o way of thut Justico to women which wili bring benotit to all, ¥ ‘That this Aesocintion declares ite one nb{t'::g'fi‘:tl purpose to by the enfranchiscmont of wo- B. Jogoph; the Hon, men, esolred, That we tender our thanks to our State Lo Lihard £0r offoring 10 the votors of the Gumoie ‘wealth tho galden opportuuity of recogntziug wonan's right to the ballot; and thut’ wo trust contidontly to thietr futelligence and lovo of Juat aud fulr us:ge, Resolued, That we pledge ourselves to peralstent wiiluuco . tho mportsnt coimpalgn now opeulig, thut the yorsonul offorts aud influonce of ull lovers o Justico sy bo enlisted, abie sposkers sect out,znd convinelng documents’ cirouluted throughount tho tulo; wud that we urgo the (rleidy of ous inovonent to orgoufzo in each county, city, town, aud a dlstidet, aud Toport. rosuits nauir, aud’ sddrosiss o ook to carey out tho noblo 0 expressiva of tho gonlus of our Reyublle, o arstament of the. paoily for. o, peorls, au tho statoment of our Declaratfon of Indepeinlonce, that vorumonta doriye thelr Just powars from the cone of the governed ; wnd that, unlcas tucss wflrd;.hl- o fille abotractiony, comuufuucy dewiuds e bal or wowoal, tery, Sotatsed, unt wo bt o lol