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o ? L i 4 B 7 i | i i i EDUCATIONAL. Commencement Day at the Uni- versity of Chicago. Proposed Lleetion of President and Chaneeliors Tmportant” Letter from Judge Doo- little, the President Pro Tem, Wheaton College--Seven Grads uates at Ripon Colx lege. Commencement Exerolses at Bes lolt College. Opening of the Southern Normal School at Carbondale. Nineteen Graduates Sent Out from the Jown Stute University. UNIVERSITY OF CHICAGO. BOARD OF TRUSTEES. Sovoral mombors of the Board of Trustees of tho Cbleago University met, pursuant to ad- journmont, st 9 o'clook yostordny, at tho Uni- vorsity building. A quorwm not boing presont, no business was transacted, and the body ad- journed to 10 a'clock to-duy, swhon tho constdor- tion of tho eloction of & President, ote., will be resumed, JUDGE DOOLITTLE'S LETTED. At tho mooting of tho Board ‘Tucsdny tho fol- lowing lotter trom Acting Presidont Doolittle waa submitted s 4 the Board af’ Tywateon of the University af° Chicazo dincn Foet sar, B, buerougin, worn own by the oxhaustin dotiblo dnty und lator borno lim for so many years, of President of thio Univer- cily un au eiducationi! fustitution, aud by ity pecuniary respunsibilitices, toudered his Tesignation, it secnied to I, u & metnber of {ho Board, fo be n duty ta the Uni- versity und bim to sccept hia rosiguation'of the Pres- fdvene ‘At flio samo time, from hia intimato knowledge of itw fiuancial niiuirs from tho beginnivg, from bis rela tious to the University a8 sereditor, aud from tho fact fat recently, by a inorlgago of his homestend, o dmd Tulsed ' soney to forward an enterprio which bas morally assured tho Uulyorsity of $60,0t0, %t was deemied n pact of wisdon, duty, aid gratltude, o retaiu him lu the rarvics of tho University, especiaily {n the matter of endowmont atd Dunuce, uid the Board, at the thuo of its_acceptanco of bis resignation of the Trosidenc, proposcd to ob- fain the necessary Ieglelation 1o crcato o oftico of Chancellor de facto, and to sppolut kim to thut posi~ tion, That logislation was obtalucd, Tho law takes ellect to-marrow, Tor mycelf, nlthough from personal coneldorations tho quostion 4 besut by SODIO. Gbirasements, 1o opfiiion then formed and acted upon s tho wisest and eafest, My judgment still adhores to that. o carry it forward T iavo bpent contldorsblo _time, to the projudico of my proferslonal busincas, nnd con tented for tho tme Lelng, toallow my man to bo used un Yrertdent pro foun,, natil tho Doard could elect oue Trom wmong the emizeut men of our country to tako the placo of Prestdent. Such n man hus beeh found, in my judgment, in Dr, Lemucl dove, "T'v tmalie myaelf certain that thero was no mistako in the mun, 1 sought aud obtafned from Dr, 3, B, Auder- von, of Rochestor, o clear stoteuent of ‘s cliaracter, froh which T muke tho following oxtricts ¢ # RoouzsTrys UNIVERSTTS, Juno 8, 1674, Aty Dran Pnrsyp: You nek mo about my fornier ‘pupt, tho Rev. Dr. Movs, I8 character {8 s¥mmotsi- Culund firm, ond it lue een well tried fu the xchool of adyersity, His capacity s o thiukor on all philo- rophicat sud, historical questions is of a very high order, Iifn learning It broud and cxact. e Isan ablo and clear writor aud Bpusker, Ue Lua soutuge, welght, and forco cniongh to exerciso moral coutrol over way~ _ward young men, I do not think him n vivaclods, ‘maguetic mnn. _Tospeal in tho Isuguage of your profeesion, Dr, Moss would do botter on tho Bench {bnn ot the Bar, Ilo would do etter in arguingn cause befora o conrt. than beforo common Jury, 1 Jiow 1o man of lis ago Who cau carry Wore Votes in o duliberative body, whero tho question is onoof fm- Jortunco and Lenot with_complications, thau ho, Ife s cool aud_even-tompered, and could coutrol aud command the respect of & Fucully or & Bourd of Trustees. Lo knows tho world oud business better than most cleraymon or teachiers, 17 o would cousent to comie {o Chicago, you would bave a learned, able, nd goad 1mau,—oue Wwho would command respect i sny soclety or sltuution,” Witl: this and other testimonlals beforo us, wo can- ot be mietulen in hin, Dt Dr, Moss fshere, TTo s of the proper ago, full of vigor and forco ; of largs mental staturo, ¢ hos i hint the growing clomentsto wako & groat Prest- dent, fumy opiufon. Ax'to the 1don, which somo mny foar, that ho is_of Dr, Everts’ welection, leb mo utsuro you, gentlemien, there 16 not tho sligtést foundstion for It to wy pere conal inowledge. 1 fecl asmured, from his cast of mind and thie ¥trong Independenco und calmness of his cliuracter, that be Ja s man who s nol to bsjufluenced by the per- soual views of other men, but by his own. stroug cone Zictious of duty, and by {hem alone, T cant:ot hesitate, with all respoct to_tho apltous of othera, to urge Lis election to the Presidency as u mate tec of great moment o tho University, “Ab to {he Clianceliorsiy, the Commitica baye reported a by-law 0 ety e torm fto dutics, b fts povors. As to fho pessonal question in filing that ofee, T oUll beliove that tho appontuent of Dr, Burroughs wiould b made, all things contidered. “A¢ to tmyclf, gentlemen, becatse my nome has been mized up with 1, you underutand thut,irom necessits, duty, aud cholee, I canuot absndon my profession, or ¢an I consent to tako any position fu_relatlon ta 26 University which will uecessarily draw o out of jt, Tam willig to lend advice, aud o8 u member of il Board, to porform som service ; Tam willing to aid Dr, Butvonghe, or any otbier aud ull ofher partios, 10 far us I con cousistontly do ko, Rerpecifolly yours, 3. 1t DoorrrrLe, Citseaco, Juno 30, 1874, —— COMMENCEMENT DAY, The graduating excrelues of tho Chieago Uni- vorsity occurred yestorday morning. A9 o'clock the Univorsity grounds (campus) wero thronged with people. Tho Taculty, studeuts, alumui, Trustocs, aud ofticers, FORYED IN PROCESSION and marched to the University Place Church in tho following order : Great Western Light Giard Band, Undergraduates by clagses, Presidont Doolittic, Fuculty of Umversity, Bourd of Trutees, Bourd of Reents, Aluwal of Unlvesdty, ‘Alumni of other instiiutions, Invited guests -+ Law Depattiucut, Tho procession was a lnrgo one, But ‘moved with more dexiority than could have been ex- pected. Withont serious aceidont it moved in order to the University Place Baptist Church, whero the regular oxercises of tho day wore to be held. The band toolk a heteradox position in she gallory at the west ond of the church, THE USDEKGUADUATES, holding religiously to their beavois, straws, and feity, filed in under tho direction of Prof. J, C. Freeman, and took the pows in tho contye of tho shurch, whilo tho 4 ofonsors, Rugenty, und grade unting olaws wer led to the platform.’ The rest f the sents woia taken aud crowded by visitors, Tho body was called to order by ihe Ilou. Tudge Doollttie. I'he bund played an overture, after which thoe Rev, Mr. Stearns mado a prayer. TUE ONATIONH by the graduating cluss wero next in order, Moy woro ton in number, and by a_speotul and providoutinl regulution were lmited to ton mimutes, Mr. Trank Jnmes Wilcox, of Northfleld, $4inm,, wos tho first spesker. s theme was “ pndastrinl Rovolutions,” which was well re- coived, nttentivoly batoned w0, and heattily ap- plundod, P e Edward Egbort, of Motamara, Tll., gpoko Lis ton minttes upon the © Porils of Thon nlnrity,” which he treated with the guvity J.ccoming ¥o solemn n aubject. o wud atwo Jandly tieated by the audionce, Charles Honry Day Fishor, of Wyanet, Til,, chore tho novel commoncemont theme, **Tho 9o fdenl.” 1le proceeded to point out ‘tho dunger of accopting u wroug idanl, adorned the owniy with sum well-choson quotations, and de- Divered the oration 1n & pleasunt manuor, P'ho Light CGuard Band bed the nest discourse, end made itwoll vary agrovublo, Toevi 1orbort Hotl, of Ottaws, Xan,, favored tho audienco with an_ oration on *Flioorien of Lafe.” from Emorsou to Spencer, and the Biblj- cal idon, Lot Morgan Troland, of Macon, I, do- 1 imon * Thie Tiwo Safognards of the Ito- 7 rhe subjoct wag patrlotio sud fruib« fol. Ho found tho groat tesontisle to & safo Topnbia tho purifiention of tho prown, and hon- Gty in offico, Tlo whs lowdly nppladed A tho coniclusion of tho nddress, and intorrupted with decnsional platidits, Charles Tilllnghnst Otls, of Chicago, gavo s brief ton-minuto sxotoh of the lifo nnd charac. torlstics of & great orator, tho Hllb]?lll of hiy declamation boing * Kimnnd Burko,” Coorgo Butheriand, of Wost Ean Claire, Win,, spoke upon “Tho Awakening in Spaln" 1lo cumpiead the dark and oventful history of the pust witls tho riglitor anil moro ovontful dnys of the prosont, and doducod therefrom promiso of o still brighter and lmpn[qr future, Thoodore Nowell Tront, of Jahesvillo, Wis., gavo a briof skoleh of tho lifoand Intora of & roat oxploror, ** Davld Livingstona,” 1o speci= ied wnbn Tha probblo elfoutf Lis Inbors upon the clvhxzntlon and Christinnlzation of Aftlon. “ Cultwio and Oberncter” was tho subjoct of an essay by It It Coon, Jr,, of Pana. Culturo 1o dofitiod as_tho sovercign, and clinrnctor tho manhood, of the mah, Cultitro wns ono thing nooded, but character was that which mada an brave and horofo, Culture madetho scholar, and charactor the man, This ended tho_orations, and onco moro tho Liglit-Quard Band played a stirring nlt. JUDAT DOOLITTLE thon nddressed tho gradunting class fn o Latin gpocch, Whila thora could be no doubt of ity brillinney, portivency, and tlmrunfln syutactieal construction, the blank looks of ono or two young Indies and ihtoo old gontlomon in tho audicnce showed pluinly that thoy bad nob rrasped dts full m““["f’ nnd that many of tho [olieato poitits woro losk to thon, "I'ha coremony of cosr‘zm:;x:a mlmm:r.im, ding round tollowed, the gradunting olaks sland ) the Presidont %nd taking their Bhoflp,ulgus with a bow. . A, degreen wore conforred upon tho follow- ing gontlomon: Nonno Runnyon Coon, Jr., T ouas Tdward Dghort, Charles 1L, D. Flshor, Lovl IL, Ifolt, Tobort M. Ireland, U.'T. Otis, Georgo Sutherland, Frank J. Wilcox, A B, 8. degreo was conforred on G. B. Bailoy nnd Thoodoro 3. Trent. "I dogreo of M. A. in cours was conforrod an Charles B, Calkins, Ellis 8, Chosbrongh, An- drow L. Jordan, Fred I, Powors Bdwin If, Prate, Qlinton A, Snowdon, Frank B, Webb, and Wilson Whitnoy. 'Pho dogreo of M. 8, was conforred on W. J. Horrick, i “The degreo of B, D, wna conforrad ou tho Rev. T, 7. Motgan, of Nobraska, 4 The depree of B. L. was conferred on F. T, Daird, J. K. Boyedon, W. J. Campboll, 1t. W, Chifford, E. Q. Grooamay, Ir., I J. Loosch, T. M. McXNamara, William Milclirist, M. I. San- born, W._ I, Pottco, Jmmos A. Warren, L, D. Webstor, J. W. Willinms, Jamos K, Wilson. THE PRIZES. Prizes woro bestowed s followa: Froshman Class Irize Declamation: First gllzn, G]c:mfifl Crawford; secoud prizo, Androw nckson Egbert. Sophomoro Class: W. Grangor Hastings aud 1, B. Mitchell. q Junior Claes: . R. Ronsy, first prize, and R, B. Twiss, sccond prizo. ~ Mr. Boganot was honorably meutioned. 5 "Tho nnuouncemont of prizes was roceived with froquout applause by the audieuco as a favorite uawme was weutionod. ‘Music from the Light Guard Baud in tho gal- lery onco mora followed. PROF, LEMUEL M088, D. D., of Crozer Theological Seminnry, delivered an oration bofore the hiterary socielics of the Univorsity. Ho prefaced s discourse with n semark thet it auybody in the audience found auythiug intorosting in lis discourso tho credit would bo fo tho ingenuity of that fortunnto ouditor. This remark sounded liko n jestnt first, but was found to boa softencd platitude, Prof. Moss s o metaphysician, not an orator. His purposo in appearing was rathor to make is candidacy for tha oftice of President of tha Univorsity o~ tongible matter than to display elocutiouary excellonco, Tlo was loudly spplauded. " ‘o Presidont aunounced & recoption at the University in tho oveniug. The honediction was prenonnced by Dr. Kou- #le, of Chicago. ) At a meceting of the Alumni of the University of Chiengo, hold yenterday, tho following ofticers wera choson for tho cnsuing year: President, H. C. Mabie, '68; Vice-Presdont, William Evarty, 67; Boergtary, 0. C. Weller, 73; T'reasuror, 0. T, 'Otis, "74 ; Manst-Master, Gaotman, 623 Hx: ecutive Committeo, ¥, W. Pocls, J. F. Bonfleld, W. 8. Proreo. —— ELSEWIERE. WHEATON OCOLLEGE. Thoe commencoment exorcisos of Wheatan Collega took plnca yestorduy morning in tno Col- logo chnpol, commonciug at 10:30 a.m. ‘ho commodious aud airy chapel was flled with a good-natured, iutolligont audionco. A good number of the Alumni of the Collego wors pres~ ent to weloomo tho graduntes me thoy assumed the honors for which tbey havo so long waited. The chapel was decorated ina tastoful man- nor with wronths of evergreon and oak lenves, The chandeliers were almost bidden from view by tho wrenths of greon leAves with which tho Indtes conncoted with tho College bad ndorned them. Above the rostrum aud againat tho wall hung the class motto, Vestigia mulla refrorsum. I'ho members of the Senior Clags, with Prof. Baker at their head, enterod the room and took their places upon the rostrum. Tho oponing byma was sung by the choir, tho sudienco joinlng. Tho Rov. M. L. Farmm mado a prayer, after which Miss Merey G. Bai- 1oy, of Whentdn, read TH; SALUTATORY ORATION. ‘Migs Bailoy Lailed the day as a glorious one, not ou nceount of the achievements of tho class, but ou secount of the possibilities which it ro- vealed, 8ho roviewed the exposure of impuro politicians, deplored tho hereslos of the Church, and thought the condition of aftairs generally yather procavions, but rolied wpau © the brave sons aud dauphters of the Dilgrime” to bring order out of chnos, Miss Dailey’s offorc was a creditublo one, but In delivering it sho socmed o littlo Indifferent., BMIES MAUD L. BEREMAN, of Bt, Lonis, Mo., rend an esnsy upon * Liborty in tho Last Docado."” She reviewed ina pleasunt wanner tho struggles of various natious for libs orty. Mirs Boremun'sdistinet onunciation ndded much to the pleasuro with which tuo audiouce listeued to ber eseay. MIS6 MARY E. NABH, of Belvidore, read a poem ontitled *Tho Idenl and the Leal,” of which tho most unpleasnnt fen- turo was its great longth. Hor pronuncintion was indistinet, but she succecded in gotting o good number of bouquats, Mr, D. W, Lowis, of Chicago, oxoouted Pag- anin's Neo Cor Piun ju o manuor which drow forth o storm of applanso, Belng oncored, ho performed u popular broduction in a most churm- iug munuor. M. T\ T, T. FISCHER, of Oberlin, 0., delivored an oration apon “ Tho Franco-Prussinn War,—a Couflict of Principlos." Mr. Fischer remarked upon tho ovil offccts npon tho French uation of infidolity, and assorted that tho origin of the war wag not to bo attrib- utod to Napoleon IIL, but to the bad stato of French moraly, s oration was by far the bost ono of tho day, and, notwithatanding the swk- wardness of his delivory, wus lutened to with closost atteution by the audience. 1L, ROYAL T. MONGAN'R oratlon upou the ‘*Philosophy of Plant Life " was uelther original nor eloquont. e spoke chiiefly of the chomiatry of plunts, and of the oconomy of nature in gonoerating and sustuining orgunio lifo. 1o accuded of provaricution the Lard who sang: Full many o flower {a born to blush unseon, Anid wasto l1s fragranco on the desort uir, Mr. Morgan ulso pronounced the valedictory re- murks, and iu his words to the Trustees,” tho Faculty, the oluss, and undergraduntes, wok quite fuolioitous, Mk, Morgau resides at Aurora, Wheaton Collego has not yot come to viow Mustor oratious ns au uunceessnry ovil. Ac- eordingly Mr, William B, Lloyd, of "8t Charlos, prononvioed tho Muster's orution, and lad, for Lifw subjeot the ** Diguiy of Labor," THE KEY. B, B, HOWARD, of Princoton, delivered an addvoms to tho Lit- erary Union, Among somo not very pouderous romarks upou ** Manners,” the revorond gotitle mnn oxprossed himkcll I8 a way that wua vory sutlsfaotory eoncotuing tho daily press and ro- purtors, Ho thinks that Young America hag not cnough respect for ngo und sacrod things, Tho whola uutlook is discouraging to him, DEABELH. Dr. Blanchard then couforred tho dogreo of A, B, upon I, J.°1, Fisohor, of Oborlin, 0., and Togal ', Morgun, of Aurora; the dogroo of Artium’ Hororis upon Mises Morey G Salloy, of Whonton ; Maud L, Boreman, of St. Louls § wnd Mury B. Nash, of Bolvidor o degroe of A, M, was conforred on Mr. B. 11, Hilimer and Willium B, Lloyd, of the ctass of 1874, Ty special voto of tha Trusteos, the dogroe of Artinm Magintra wae conforved on Mrs, M. 1, Cook, of Chiicugo, nud Mrs Jennio Caldwall, of Shanaln, 3t 3 #nd, for upacial porsonnl morit, 1ho dogres of &, M. was conforred on 1, A, ML Ttand, the Ludy Lrincipal of tho collogo. Progjdone Iilanchord aunonneed that Mies Kate I, 0'Byrue, of Oxford, O,, bad accopted s PR THE CHICAGO DAILY TRIBUNE: THURSDAY, JULY 2, 1874 placo upon tho corps of teachord, Misa O'Byroo 18 an oxpotlenced tenolior, and will givo ontiro entibfavtion to those with whom she miy bo assoclatods Mr. O, A, Dianghard, in bohnif of the'Fristecs, addrossed the audience upon TIHE FINANCES of tha colloge. T'rom his remaths, it nooms that o dobt of nhout £20,000 now reste l?mu tho collogo buildings, At tho conclusion of his ro- marks, carda wero ofreulated, upon whish onclf wrato tho amonnt which ho waa willing to give to liguidato tho nbova-nmmod dobt, Georgo Clark satyz, and thon the audienco ro- tired, Drosidont Blanchard prounouncing tho benediction, Tho Presidont's lovea took placo in the over ing at tho colloge parlors and chapol, and was & plonsant nilair, —_—— RIPON OOLLEGE. Stieeinl Dinnnteh to Tha Chicano Tribune, Tiroy, Wis., July 1.—Tho oxercises of Com- maneontont at Ripon Collogoe closed this ovens ing. Tho oxaminations of tho Coliogo aud pro- poaratory dopartmonts bogan on Saturday morn- ing and wora concluded Lucaday morning, On Babbath evening the bacealaureate sermon was dolivored by Premdent Mottiman from tho toxt Tomaus i, 14, On Monday ovoning tho Lco- Linn Bocloty of THE TADINS' DOPANTMENT hield their atmiversary fu Oporn tiall, and pre- sonted tho following programmo: Lusny— Grontnogs in Little hings,” Olara A. Dizon, Tipon ; recltution—* Mo Culprit Fag," Drako, Adn ' Clask, Covington, = K dlgcuss dlon—"* Can Thero bo a Radical Meform in Womnan's Dress;” afirmative, Addio A, Borgent, Bt _Jamos, Minn, 3 nagative, Tnmon_ Bhorwood, Dartford 3~ recitation—"Tho Sky,” from Ruskin, Abbio ¥, Strong, Itipon ; onsny—** Postry ju Lifo," Rosina 1. Balson, Matomen. Ou Tucadsy nftornoon tho annivorsary of the ATHENIAN SOCIETY ocenrred, the programme bolug as follows: Orn~ tion—* Ropublicanism in Franco,” Cairol At- wood, Trempenuleatt ; doclamntion from Schurz's oratton on Bummer, Kent K. Kennon, Pack- waultos, Wis,; oration—* Our Judicial Experi- mont,” Poarso Pinch, Rosendalo ; discussion— * Nenolved, That highor Iducation Sthonld Not Do Undor tho Contiol of the Stat aflirmativo, Jolm_ W, Pinch, Rosendale: nogative, John G Tngalls, Dolton; essny—" Limits to tho Aue thority'of Soclotyand the State,” Rollin B, Lano, Willsiineo; oration—*'I'ho Scottish Covouan- tors," Julin W. Hargrove, Ripon. “Thaso exorclnes were more tinn usunlly din- tingumhed for vigor of thought, carnestness in delivory, and fitness in aotion, Durlng the ovenlng of Tucsdny tho LECTURE NEFORE TIE LITERARY SOCIETIES waa dellyored by the Rev, G, 'l Landd, of the Spring Btreot Uongrogntional Church, Milwaus koo, Hiwsubjoot, “’Fho Fanotion of Adversity,” waa 80 trentod as to hold the attention of a sun- mer night's andience for &b hour and twonty minutes, The lecsute abounded in apt illuatra~ tion and poiuted statement of usual truth. TIE GRADUATING OLASS. On Wodnosdny morning & procossion was formod upon the colloge grounds, composed of the Board of L'rnstees, favulty, alumui, clotgy, aud ssudonts, A 1:15 the procession provooded to Opors 1Isll. Prayer was offored by the Rov. Wiliiams, formorly of Waupun, nfter which tho claus of 1874 miado its bow to the world mto which it 1s now supposed to onter, sud addrossed that world in the following ordor: Willinm A, Blnir, Menasha, ossny, * Persoualivy in Nature ;" Tdward Evans Corwin, Wales, *Tho Composi tion of a Gront Nation ;" lsabeila V, Campbell, Pine River, * The Blovation of Common’s Call- ing;" Eara 8. Chittonden, Ripon, * Iorwonul Yaculinritios and Social Awsimilation 3 William T, Hillman, Mautorvillo, Min: The Grandoir of the Misslonary Lintorprise;® Almirs H. Ho- bart, Alma, * Fiction in Roform ;" Benjamin ¥, Thomns, Fox Luke, *Jaflation of tha Cur- renoy." 'I'iono exorcisos wore all charactorized by motlodical thought, nud cloar snd simplo dis- tion, I tho aftornoon, tho Commencement Address was dolivorad by tho Rov, I\ G. Grassie, of Ap- ploton. Iils subjeot, *‘Tho Christiau Colloge,” way baudled fu u masterly manner. DEGREES CORFERRED. After tho addross, the degroo of B. A, was con- forrad upon Lizra I, Chittendon, Edward Evans, and Willinm ¥, Ilillman; the degreo of B. 8. upow Emma_W. Dlair, Dabolls V. Camphell, Elmira J. Hobart, Bonjumin 1. Thomus, and Fredoricix W. Rogers. Lo degrees of M. A, in conrse was couforred upon Isnbelln 8. Oragin. of Brooklyn, N. Y., of the class of 18605 Miss Rosa Olds Bristol, of Atlante, Gn,, of thoclass of 1870; uud Joha T'. Bvaus, of Siorra, Oul., of tho class of 1871, TIIS COLLEGE 148 NEVER BINNED by conforriug honoraty dogroos, Thesmusic for tho morning was furnisiod by Miws Corrie Chittondan, - of Brooklyn, N. Y, and the Arion Gleo Club of tho Collega. In tha aftornoon tho music was Ly tho Moudelssohn Bociety of the Collego. In tho ovoning this socioly gavo its annual concert. The socioly is now in session, making arrangemonts for orgnne izing an Alumbl Association. Owing to tho failure in health of Prosident W. E. Morriman, tho Board of lrustacs have voted him n vacation of six months, in which he I8 to rocruit by travel. Miss Xuto A. Bushnell, for two years Princlpal of tho ladies’ dopartment, has recigned, the youny Iadios preseuting Lor with an elogant copy of Mrs. Drowniug's pooms 88 & patting gilt. Sy IOWA STATE UNIVERSITY, Special Disvatch to T'he Chicago T'rioune. Towa Crry, Ia, July 1L—The anuual com- mencoment of the lows Stato Univorsity, which hins been In progross sinco Friday night, closed to-day. The examinations of the dilferent classes proparatory to these oxercises hiavo been vory rigid, and resulted most entisfactorily to both studouts and instructors. The eity hay been filled with strangers from alt parts of tho 8tate, parouts aud frieuds of students, all of whom lve seemed vory much pleasod and on- tertained. Sunday evening George Thacher, D. D., Prosilent of the University, deliverod to an {mmenso nudiouce his Bacealaureato sor- mon, from the toxt, “Doware lost any mau’ spoil you through philowophy aud vain decoit of “thoe traditions of mon, aftor the rudiments of.tho world, and ot after Christ." It was an ablo offort, abounding in sound doctrino and good udvice to the gradu- atos. o upoko of thrce branchies of falsa phi- fosopliy which wore intondod to suppiant tho roligion of Jesus Christ. First, that which DEXIES THE EXINTENCE OF G0D 3 second, thot which admits thero may bo o God, but1f o Ifo isa prinelplo porsading uil mattor and third,the admission that' thore was a God who crented ail things, but aftor the creation llo ceasod, from lis Inbors and bhns paid no attention to his work sinco, 1o contrasted theso with tho philosopty of Jesus Christ, aud then showed the demnuds of our nature for Buch 2 philosophy. Ie urged graduates to weigh ol any syutom which essayod to supplaub Tty and enjolniod upon them to Kook tha truth, Mouday afternoon, the on, IHomwy Clay, Denn, delivered ap oration before tho Stato s~ torieal Sooioty, and Monday evening oceurrad tho anuual anntvorsary of the Alwmni, with an oration by 0. 1', Rogors, of the class of ‘69, on “ha Riches nnd Poverty of a Groat Mind,” and an essny by Mys. J. D, Glass, on * Pleasant Memorion," TIE, LAW DEPARTMENT. Tuosday morniug the graduntes of the Law Depurtmont received tholr diplomasand wero nd- mitted to umnliuo in the courts of Jown by tho 1lon, W. I, Miller, of tho Supreme Comt. Thoy numbor soventy-five, and aro o five inteltectunl oluss of young oy, who will o hoard from in the futiro from ull patts of tho country. This depurtment, which i YET 1N 178 INFANCY, is growlng rapidly under tho management of Chuueetlor William O, Iammond, and with such ablo instructors as Judges Colo, Dillon, and Millor, of the Supremo Court. Tuesday ovoniug, tho Rov. Teano Errott, of Cinciunati, doliverod tho University oration. Po-dav tho graduation of the Acedemtcul Do- partmont took place, consisting of orations by sovouteau graduatew, and the couforring of de- Toos upon ninetoon, o follows: Lulid Suu- ors, aubject, ©Lmancipation of Mind ;" Wush- inizton G, Kooglor, subject, */Lruo Soverelgnty ;" John N. Neiman, subject, **Commorco and “Its Martuz" Alogundor Mollroo, subjoot, **Influs oncos Detormino Oharacter;” Bamuol M. Hughos, subjoot, **American Prido;” Chutles A, Hond, bjoot, Buceess Lhrough Exporimont " Johu W. Urano, subjoct, #Silont Tuiluaiieon;"* Horbort B. Vafrall, subjoct, *'I'he Dond Laving—tho Liv- Tig Doud ;" Alfrod Wood, subjoct, * Frogross of Thought " William J._Youn, ubjoot, *Tho Power of Conviction;” Bler I, Fitch, subjoot, “ Churlos Bummor;” Albort 1. Byram, sithjoot, & Antlquitas Onconti—Jnvontos Mundis" Joh T, Grilliths, Bub{out, “Pootry and Its Mustor Ninds » Denuy usphy, unblort, “iiho Eduen- tional Trinity " Wiltiun . “Rodgors, !Ill»juub. “Houl Unltiro;" Irank F. Brush, subjoo 4/Pha Moral Etamout in Polition]l Ravolutions Tavands G, Murphy, subject, *0ho Iistorieal Doitlon of Womon." . Dogrecs woro conforred upon Miss Masy Tor- toll and Mr.'F, J, Willinms nlso. Thus clonod tho most succonsful yoar {n tho history of the Town Htato University. ey DELOIT OOLUEGE. Spectal Dispateh ta The Clacano Tribune, Beroit, Wis., July L—Tho Bridgoman prizos for bowt declnmations woto contosted Tor Youtot~ dny by B, M. Malone, Chioago; O, 11, Cooko, Orilla, Canado 3 ©, I Giatos, Chieago; and . T, Tottiboite, Boloit, of tho" Froshmen Olass; W. I, Ilubbard, DTocntoules, Iny A. R, Spragne, Nololt; I, L, Tisk, Doloit; and J. I, Norne, Gonesoo, of tho Bopliomoro Class, 'T'ho prizes woro won Dby Malono and Bpraguo. Tho Judgos wore tho iom. 8, 1, ITautings, of Madison; tho Hou, 0. Soymouy, of Lxrl\Crunuo; aud tho Itov. Mr. Willlsms, of Junos- villo, ¢ ‘Ihe Btanley scholarahips, awarded to the ‘mombor of tho coming Sonior Glags whose ataud« ing hns boon highost durlug the past yoar, worn awardod to 11, V. Vau Yolt ; Rogoers' acholarship to Robert B, igga, of tho coming Juniors; Brown scholarship’ to Robort F, Pettibone, of the coming Bophomores, INSTEAD OF TIIE USUAL PUDLIC ADDIEAS nnd poom, tho Alumnl Associntion and tho united guests met In tha Gymnasium Building Inut ovoning, whore, after]au excollont suppor, L. B, Biweozoy, of '03. Obicago, rend an able nddross pon “The Importanco of Triro Culiuro.” L. Roman, of 1871, prosonted o poom ‘abonnding In racy hits ond good poluta, 11 M. Pngoe, Searotary of the Assoolation, then rond nmmerous lotters from absone Alumi, aftor which the Rov. J. Collior, of Dolavan, L'residont of the meeting, mado n fow romarks in rogard to the progross of the Colloga indiented by tho formation of now deparsmonts for tho accommodntion of thoso who do nob desiro o thoroneh clusgieal conrse, but more solontifle Instiuction. Ho thon oallod upon Prof. Chamborlin, who dwolt at some length upon tho noods and desorts of tho Collogo, nnd its clnims upon the Alumnt, Moro lotiers ware then read, aud, upon motlon of A. 0. Wight, the Chairman appofuted & committce of three {o prosent o plan for riwing an_Alumni fund for tho ondowmont of I'af. Chamborlin's chair, Wight, Bwoozay, aud Dow wers appolutod, At n_ businoss mnulln&: held Iater, the Alumni elected Prof. L. . Chamberlin, of DBoloit, Dresidont for the emsuing year; Trof, Petor Iondrickson, of Doloit, and L. S. 8woozoy, of Chicago, Vico-Prosidents; IL M. Tago having positively declinod n ro-eloction ay Socrotary, J. B. Do, of Doloft, was choson to that ofiica; Orator for tho noxt year, J. W. Buws, of Fond du Lac; B. T. Carpentor, of \nnckvilio, nlterunta; Poot, W. O. Ballov, of Cdreon Bay; S. P, Wikler, alternate, It was votod to have tho nddross and poom in public next yenr, Commencement.day was bright and warm. but much more comforinble thau {f it had como a weele earlier. The graduating exercises took placo in the First. Congregational Chuich, as usual, commencing at 10a, m. _The programme waa precoded by prayer by Prosidont Chapln, and was intorsporsed with mungnificont music by = fine vaud from Chicago, THE PROGRAMM Salutatory oration in Latin, T. L. Swodes, Bo- loit; oration, “Indifforonca Not Indepond- onco,” Abram D, Waterlmry, Polo, Iil.; disti~ guished oration, “The I'resont Staze of Jour- nalism," . £, ITog, Boloit ; ortion, ** Incono- clastlo Tondoncios of the Ago,” R. 1L Mills, Jr, Doloit; poom, **Dreams of Lifo,” William D, Swinton, Milton ; L)hilusnphlunl oration, * Tha Certainty of Law,” L. D. Keye Prairieburg, In.; omtion, “Louln Agassiz," Thomns L. Smedes, Deloit; oration, *‘T'he Dractical Value of a Cultivated Imangination,” A. B, Maney, Manchostor, 1. ; distmguished oration, “The TPoot's l\[lulvm?' " William D. Swinton, Milton: philosophicnl 'oration, Tlhio Result of Intollectunl Dnll," J. B, Allon; Gonova; mastor's oration, * Prepnration for Clas- sical Study, " Thowns D, Churistis, Beloit ; orns tion, “‘I'ho Empire and tho Vatiean,” with tho valedictoryaddress, by William C. Stovens, Man- itowoe. Tho claws, though considerably emalior than usual, had its full averago of tnlent. Sev- oral of tho oratious woro particnlatly excollent, tho poems rich in thouglt, aud the valodictory improssive and able, DEGREES CONFERRED, At tho eloso of tho gradunting oxercisos, the dogroo of Master of Atts wid conteried npon Rollnn, Morgan, Christio au’ 0. 8, Snuth ; und tho honorary dcgree of M. .., upon J. B, Sabin, and E, P. Salnon, I'he rounion concort to-night, undor tho dirce- tion of Hans Batatks, was groutly enjoyed by o Iarge audionco, ——— SOUTEERN NORMAL UNIVERSITY, Special Dispateh to The Chicgo T'ribune, DEDICATONY EXERCISLS, OannoNpALk, 1IL, July 1.~This has beon a day that will long be romembered by the citi- zous of Carboudalo and vicinity, The SBouthern Illinois Normal Univessity, located at this placo, was formally ovened for tho reception of stu- douts to-day with approprinto osremonics. Tho building, loug before the bour for the commonce- ment of the exercisos, was crowded with paoplo, and ovory nook and corner was thoroughly ex- amined, aud tho universal oxpression was that tho building is a credit not ouly to the Cily of Carbondsle but to the southern part of tho Stato, As the hour for the dodi- cation drow mear the lecture-room hogan to fill, and by 11 o'clock it was crowded, ubout 700 persons boing vrescut, Shortly after 11 o'elock tho esercives hosen wich tho reading of a psalm, and prayer by the Iov, Mr. Fish, of DuQuoin. THL HISTORIOAT, AND DEDICATORY ADDRESS was to Liave boeu delivered by the Hon, Newton Bateman, LL, D., Superintondent of Dublic Tu- struction, but that gentloman being ill, was un- ablo to be presont, and his placo was well filled by Richard Edwards, LL, D., Iresideut of the lilinows Normal University, who delivored au eloquont and stirting sddress, whicl mot the ex~ peetations of all. Ho was followed by GDY, JOILN L, DEVERIDOE, who dellvered tho addross to tho Trustoes and Faculty, aud turned ovor tho koys of tho inuti- tution to the Prosident, Robort” Allyn, It was ouo of Lo Governor's happiest offorts, and elic- itod much praise from all wides, Tho recaption of the keys and insugural nddross of the D'reeident, Lobers Allyn, was vory fm- proasive und to the point. AL 1:30 0'clock p. an. tho assembiago adjonrued for diuncr, uud the o xorcises wers resumed ab $pom. OTHER ADDRESSCA. During tho afternoon addraxsos woro dolivered by tho ltev, C. I, Fowler, D. D., President of the Northwestern University; dJ. ird, the colored orator, and Judgoe A. D, Dull, of Car- boudalo, sud ofhers. The excrcisos wore vory intorcsting, and all woro lughly plonsed. Tho groater part of the Fuculty wore provont. ‘Lhe visitors wero hand- romoly entertnined by the weveral committoos, aud on the wholo the dodivation was a very eu- Joyable uffair, ——— NASHOTAM MISSION. T'wonty-six miles wost of Milwaulkeo, on tha TaCrosse Division of tho Chicago, Milwaukeo & Bt. Paul Railroad, the truveler finds Nushotah Station. If Leloave tho cars, and find his way ashort walle of twenty minutos through the woods, hio comos to ono of the most bonutiful placos fn tho Northsost, It is ealled Nushotuh Misslon, Itisthe site of n Theolugicnl Bom- inary of the Protostant Iplscopal Chureh, On 8t. Potor's Day, Juna 23, tho annual tern for 1873-'74 elosed, At 10 o, . tha clergy and studonts ssombled in the old chinpol, and went in procession to the proveut chural, suging **Tho Sou of Gl goes forth to war,” In the chancol, thoe Itov. Dr. Asbivy, President of tho Siunding Uommitted of the Diocese of Wikconsin, wis soutod at the north of the altar, and the Rev. Dr, Kelly, of Chicago, and the Tlov, Mr, Mallory, of the Cathedial in Milwaukoe, opposite, In the choir, Dr, Cole, thio Prondont of the institution: the Nev. Drs, Adams, Kemper, sud Egny, Drofossors; the Rov. Mr, Cartar, Tutor; and the Rov, Mossrs, Hwoot and Hoikoloy, Morning peayor wax euid Dy the liov. Mosurs, Bweet sud dallory, The Hov. Dr, Ashloy doliverod & most interosting wormon, T'ho Rav. Dr, Colo ealebrated tho Holy Communiou, 'Phe procossion returned to the old chapl, siuging * Onward, Civistinu Sol- dipra,’ "Plio dinnor for the studonts, with the Faoulty and tho visiting frionds.of the inutitution, was given in_Sholton il After dinnor, spogohis woyo mado by the Rev, Drs. Ashioy und Koily, and by tho ltev. Mesurs, Mullory, Woodle, nu Bwoet, Tho Hov, Mr, Sweab guve o vary water- enting ncconnt of biu viwit, 8t Polor's Day, 1878, to Bt Auguetine Missionnry Golloge, Oantor- bury, Eogind, Tha Prosidont wns pooulinrly Huppy in tutroduelng the soveral sponkors, Al- tor mitroduoing the above-named lemon, ho vomarked upon the fack that tho lustitution, among othor good_things, oncouragod” muscular Chrlstianity, which was somolimes shown in rowiog upon tho luke, e oulted unon the Rov, Mr. Cartor, who prosonted to' tho Miunewawa Tont Ulub & flag from o lady in Olevoland, Mr, Root, the Captaln of tho Minnowawa orow, re- o sponded, M, Onrtor's_spoooh wha ons of the mostappropriato sud witty of aftor-dinier spocoliod, From Lhe dining-hnll tho contprny ropalred to tho banks of Nashotah Lako to witnoss another contont betwoon tho Miunowawa and Wono- nal erows, This wag followed by a most amnus- ln{i tub-rnco. 'he nfternoon being thus occuplod, the oven- ing wilnenscd o largo gathoring of tha frionds of Nashotah at Bhelton Inll, The Presidont aud his lady rocorved In the institution paslor. Towntd midnight the numicrons gnosta took their lonvo, oxprossing themselves much dolighted with tho ontortalimont, —— MISCELLANEOUS. Snectat Dispatel to Phe Chfeaan Tribune, BARLUAS COLLKEUE, RIOIMOND) INDs Troistony, Iud., July l.—IEnrlhiam Collego, nnder tha mntiagemont of the Friouda Bocioty, Quakors, gradunted o clnsa to-day, Tho oxor- clsos woro interosting, and Wero wilhossed by o Tavge assombly, Many distugnishod porsons WOr prasont from Yarious parld of the country. UCHIGAN VENMALE BEMINARY, KALAMAZOO, Kpectal Digwateh to The Clicano Tribnne, TAnAMAZo0, Mich,, July 1.—Lhe oxorcinos of the Michigan Female Somtunry closod thus nftor- noon, aftor n thre o days’ examitntion, vory bril- Tiunt to the pupily, tenghers, aud the institution, ‘I'ho graduaton woro Mury Tiauot, Allogan Elizavoth Whito, Chica; Jeaunotto 0. Curtts, Tichland § wd Mattle B, Chandlor, of Oblo, The Rov. A, Pierson, of Dotroit, doliverad tho nunualadideess, 'Pho Rov. D, Btrong prosonted tho dinlomas, 1t wus_snuonnced by T P, Forry, of Grand Havon, that tho Board'of 'I'rustocs had mnde ar- rangementy for eudowing the Bominary with £30,000, to bo ealled, m delforonce to Miss Jean- nctio Fishor, Principal of the Svminary, the Tisher fund. ~ A new dormitory is to bo built i time for tho noxt Lorm, ud o new wing will soon be orocted, Temarks wore made by membors of the Proa- Dyterian Bynod highly complimontary to tho - wtitution, puplls, and toashors, sl plodging themuolves to mako this tho londing somiunry in tho Went, Thore wore gront numbors iu attend- unce, including many straugers, MLTON COLLEGE, JANE { Digpntteh 10 e JaNEsviLLE, Wi, July 1.—The Cominenco- mont snrvioos of Milton Colloge oponed to-duy, witles Iargo attondance from the surrounding towns, The giadusting olnes {8 as follows s Peuchors’ Conrso—Ida Iloranae Drightman, Flor- auco Lottic Urown, Eva Doata. Cartwright, Alico Lucinda Page, Tuomas A, Wilkinson ; Heiontifie Course—Watron 1lolbrook, Amclin = Crandal Steele 3 Clussical Courso—William _Hull, Ernest Dwight Kiuuey, Arthur Ainslo Mitler, Withs Burton Morgan, Froderiek Delos Rogers, Robort Duelbort Wintford, WILLIAME GOLLEGE. Special Dispatet to Phe Chicang Tribune, . Srrixorietp, Mass,, July 1.—Willlams Collogo gradunted o cliss of thirty-one to-duy, and con- ferred o nuber of houorary dogrees, among them that of D, D. upou Presldent W. E. Mor- rinm, of Illymx College, Wisconsin, Tho class of 1524, of which ex-Prosidont Ilapking was o mem- ber, held thoir seml-contonntal meetlug, tireo of tho'six living mombors boityg prosent. THE RAILROAD LAW. The Chicago, Rock Island & Pacifle Railroad. Letter from the Superintendont of Ihat Road to Gov. Carpenter. The following is tho full toxt of a letter addressed by the Cliengo, Rock Island & Pacillo Tilroad to tho Governor of Town, on tho opera- tion of tho now railroad law in that St: o s Eecallenci C. . Carpenler, Gocernor of e Siis Tho ime Is rapldly appronchiug when the Act 10 extabifsh reasonnbie maximum raivs of clinrges for tho tunsportation of froight sud passcngers on the diiforent ruslroads of this State,” olincied by tho Fif- feentl Genoral Ausibly of the Stuto of Sowa, al e Inst regulur susdon, will tuke effect. A duo renpict fof the people of tho Btato of lown reuders proper sone oxpression by the oflicers of s Compuuy of s mtentlons with regard to tho observauce ot tho scied- ulea preseribed by faid act, IT$ DEGLARLD OISICT 19 0 cstnbllsl reusvnubio ninimun rates of charges ™ Tor tho teansporiation of frofght nud pawsengers, The frut weetion provides that ALl raflrouds i this Stute sliall b clussitiod nceording to the gross umount of thgir renpectivo simunl carudigy within tho Stas mifle, for the preceding yeor, ne foliows: Class' +A ! hall fncludg all Taflcoaus Whowo gross anuual carniugs permilo shall be §$1,000 o moro, ote. A Will hore- aitor appear, tho gross entnings of that portion of the oadl operutud by this Company situated in tho Stuto of Towa, for the year endiug on tho Blst day of Decem~ ber, 187, wero §5,01L65 per milo, which fixes {ts piito in the first clas, as deSued by tie met, The third soction provides that tho echedule thereln coutafued “slml bo considered tho busly on_ which to computo tho compensation for {iausporting Srejglits, goods, merelundive, oF raperts over any lina of rurlrouds within this State." Tho futicth section do- clares tlut it il bo unlawful for any raiiroud of tho cinn 10 which tho ono owned ond operated by this Company bulongs 0 cliarge, demund, or Tocelve, & greater componsation for traporting merchandiss or Jguerty o o 1t 00 per cont o tho rutes estul- st Lt ttle detieduls ” nhava reforred ta, o rades thus fxad rauge from 80 to 40 per cent be. 1w thoso now ehargud for trausportation over lnes of tigis Crmpany iu Towa. R CHICAGO, BUCK JSLAND & PACIFIO NAILLOAD COMN- ANy wan organized fn August, 1866, by thi consolldation of tho Chicago & Rock Ixtaud Tflroad Compasy, of tho Stato of 1liinole, with tbo Chicogo, Rovk letand & Tucitle Ituilvoud Company, of (ho Stute of Towa, Tho Tnst-nined Company hud, o the month of July pro- ceding the consotiation, sequiced the rullronds cx- toudiiiy from Davenport, n Seott Gounty, to Kellogg, 4 dueper County, wnd from Wilton, by Geldsr County, to " Washingon, ' in Wasidvgion County, formeriy ovned by tie Misshawippl & Missouri Railroad Coie pany, Tho main lite of tho road hus been extended frot Kellugg to Council Blutts, on tho Miskourl River ; and that portion then ond since known aw tha Washs inggton Lranch hiw bon ostemsled from Washington to Sigaurney, In Keoluk County. The Chiesgo & Soutle yrewtern Tafivay bau ulso hoen constructed from Wavhington, in Waebington County, to a polut on the Migsour! River omposite” tho ity of Lenvens worll, fu the Stato of Jamew,—thit portion in Jowa ' extending from Washington 10 Linovilie, In Waynie County, - Whilo 1t In owned by th Chicugo & Boiithwestorn Rallway Company, It Lus beew operated Dy the Chiengo, Rock ldand & Pacllle, A road las weo been coustristed fiom Des Monies, b Folk, to Tndiunoly, fu Warren County, by tho 'corporation "us tho Dow Moluics, 1dfanols & Missour] amit anotlier by tho Des Maines, Wit western Railway Company, from Sime mersct, n Warren County, ou tho line of tho moutiohed raflway, to Wikitorset, in udhion Coun Phieke rouds uro nlko’ operated by tho Cilesgo, Rock Iulnd & Pucillo Ruflrowd Gompany, "Wl following stateuients whow tio nUMUCE of pie songers uud tho number of tous of frofght currled over oncmilo of theso onds (axcopting Vo Soutlivestorn), wnd tho utnonnt received por pasenger and per ton por miile, for ench year between ApHL 1, 1666, wu Apri s, 1834 PAESENGEDS. Amt ree'd er puseenis Ko, earrled *yer pier 'L miite, il b ete, ot Ph For yoar ondlug Maroh 81, 1857 For yenr owatug Murch 1, e, x Sone eniingg Marah B, o it Mazoli i1y 1E70; i laron il For yoar ciding Marol i Tor year outtfune Maveh il 167 Far sear ouding March 31, 154 FIRIGHT per ton fons ‘per_mile o, wille, (n centn, 0 8 oarri Tor year ending March 01, 1867, Tror year enulnie Mucch iy 128 cor yoar ondinag Murh i T A glunco ut thin tsble wiil show’ that tho uniform policy of the Compuuy hus buen to REDUGE THE IATES chaeged per mile for the transportation of both per- s and property, ws_tho numbor of paksengers and thio number of fonw of freight lave tucreaud, This policy hun been pusstied in ueeordunce with thie well- Tecogulzed principles goverulng raliway-operation, an well-an il othier branches of commcrelal busindsh, It should nlso b vememtored that, whilo this yo- Mietion hug been mindo i the rafes chnrged for trunsportation, enormous cxpenses lisve been in- ourred dn ieruasing tho comfort, speod, und mfuly of tramsporition, Tho Courts “tigorously cuorce thu performanes by raflway come paules of the duty dmposed upon comninon-car- Hora of passengors 10 wwe tho bost-known ap- Plinucos for securbug tho wafety of paesengors aid en- ioyes, and to yrovent (o destruetion ot property, By tioroperation'af gt train, Tho futroductfon of now machinery, b complianed with theso roquiro- montsaf tuw fuw, favolves tho pynient of very largo sumw of mowvy aninidly, 17 tho bisiiicss of i ruflway conld Lo tranwieted now wiil (o ssme ofumsof rolling= Wtock aud upon the s kind of roudway thut wero e ton yeurs vince, Hhe reduction er pansenger or R fou por anilo wald v bocts el greater thnt hat shiown by o forerfolnis teblo, Even b reduction 1 tho rato of speed in the transportation of porsons ond property would warant correspouding do- eringo I tho vutes charged, The schedules uve ovor bt g U Yl IGAIEY (0 Y1y upeTating o jonkes, rousonubly diyidonds o the slo Botders, " tho " fuarost concractod (6 Do puld upon noneys horrowod amd usod in tha coustruotion of the ratlwiy, While tho length of tho muin lue e been condlilerably oxtonded since 1806, tio cupliat utock of the Compuny Bus also boon inorbared from §0,000,000 to aver $20,000,000, Tho capiiul stock und bondod deb, roprowont monoy Whicl Lias buon actually favested fn the cowutruction of iy ropotty, Nelther atock nor bonds hiave ever bron, ircally or dudlrectly, subjeaied to tho procos pon lorly termed “ watoring, Ao certificutes of capitnl stock and tho homs of (lio Qoiiphuy Fopreaont mone: yebich fina been notually fnveatod in'the propartyy aiid tha tuoney Tins been av Judlclotly aud cconorfeally expoded ot (o property could ot Uo oreated. to- duy by tho expeniliuro of w o surm, 1 paople o tho diato af Town will not dlaputo tho Propoatiion Kin i Noldery of Ik hloek Ao INTITLED TO IEAKOSANLY. DIVIDENDR THEREON, and that tiie loliders of tio bonds of tho Compan arontiten to prowpt payment of tho fatcrost, whlel nceruea thorcon, Tho rates whiloh havo eeu herotos foro charrod 1inve been mMclont only for defraylig ko necesuary opetating oxponses wifer an economi- cal musiafronitent, nud tio payment of such divilends anfl nterest, Tho Gototul Assomuly, by the nt nbova montioned, secks to reduicn tio jeventios of i smpany durived Trom that pertion of tta biminess fo swhicl this act s application from 90 to 40 per cent. 1€ tha et was inude applicabio to the entlro st ot Hio Gurnpaus, s obrervatico wonld seulee the nusinont of dividends and intereat avsolutely fu- ‘poraibio, o followliy 18 8 dotniled alatemont of the number of miles, nnd of tho gross and nck earuings of that portion of the milwy winted in {be Btalo of lowa, for Lo yoar ending Dor, 31, 187 LLSUTIL OF LINF, Siain tracl, from Davenport fo Gounoil Washington " ‘Tiranclr, Wilion "'to Washifigton, Sigoirnoy Briiict, rom Widliloii (o IKONEIOY s aos savsaras Indisnoln & Wintersot Hean . 0 & Bouthwesters, from Washingion to Linuviilo, 2 from 129,58 Dlaking total tength of main track in tha Hlaty owned of operated by this Com- DY, . . e 674,68 (HIORS PARNINGA, Tho enruings of tho mudn ling, lucluding tho Wahtuglon und Sfgourney Brauche DHOUNIILEO ey s seeoenn $,8330108L Of tho tndinnoln & Wintersel Drani, L, 80280 f tiio Oifengo & Boutlwestorn i Tuwa... 280, 740.2) Total enrninga of oll Iies owned ar operated by this Compauy I the Ktato of Towa, o 3,201,303,44 ton nnd NET EADN Main Hue, Including tho W igonruey Hranchos, $ 78000154 Indiuois & Wintersot 110,73 Aggrozata.. Deduet therefros poukes over grons carnings of tho Chis cago & Soutiwestern, Teaves the net earuiugn of all llnca owned or oporated in thin Stuto, 3 787,808.80 Making 1ot earniuiga por i 1,170,20 “Che lloa aud carnlngs of owndd und operated havo Leeu combined {u thia statement, bo- cuttte Beo, 9 of thie net provides tuat © All conuccting raflroads iu thin Stste, uperated or contralied by tho MO PUTEON OF COMpADY, Winlor leaso or otberwise, slutll, for the purposes of thin act, i computing dis- taticen and determiniig rates and clss o routs, bo regurdod us ong oud." Lo shiow tho INJUKTIGR, OF TiTIS TROTINON of tho nct, 1t I8 only nacsnury to refor to tho atlon and records of tho Executlva Councll of which Your Excolleucy s tho prosiding oftlcer, Thoso Fecords dise closo tho fac that the Obivayo & Soutlwestern Rallway dli 1ol durliig tho yesr ending on tho 31at day of De- ceiuborlast, cuen aiough oy (o pag i olerating oxpeuses, 1n o valuutlon made by the Council for tho purposes of tazation, it was found that the Rock Inland & Pacific Rullrond Compuny was worth over thireo tiniea ns much uy tho Ghicago & Soutliwentern ; and, notwitlstauding tuuse fuct, (o ko nre, by the torms of this act, pliced in tho blgheat class, ind sub- Jeeted 10 ho ¥anio ratos of coppeusation for transpor- tatton, Tho discriminatlon between tha allrosds in the Stato 16 Lased, not upon the charneter of thy ruads, ot upon tholt futuro prospeste, ok upou the mmount of thele carnfugs, uot upon tho ne- tilal value of tho -proparty, nob mpon tho cost of peration as compated with fho groes. varnings, Tho Ceutral lailrond of Iown earued por mile, duting th yoar ending Doc, U1, 1873, $3,251,75, which wns 100 anf- Yo 1y s opurating exponits, Tiie Des Moliea Vaulley Rallroud, daring thy e time, undo gros i} nflo 33,0224, loaving n small surping uf- ugg netuad uperating expenses, Both of these rouds, by tho term of this act, nru placed in (e suc~ and clase, a0d aro allowei to chargo o rute 16 per cont. highior than that charged by roads” of the first “Tho Ohfengo & Bouthiwestern Railway Company 33,2150 per_milo,—~which, but for this provision, Would phice 1t in Glasw * O"—whieh wus insublicent to pay opernting exporcs: and yet it in, by Mo terins of ks law, placed in tho fizat class, and suibjected 10 tho fates alfowed to the math Thies of tho Stato, Tio Chfengo & Southweatern i treated oa o r01q belougiog 10 Clara A, not beenuvo 1t 1o 4 first- class_rond, but for tha redson that It Is operated by 3 company whichi owns nnothor road in tno Btalo of Towa which I8 first-class, A roud oaruing $2,216 ner mile fu compollod o perform its duty as a cominou carrier ob rates lower than thows clurged by roads onrnlng over 3000 per mile,—tho rei- son for tho discrimination being, tut’ tho rouds Inst ruferrad to aco operated by companica whicl own 110 othor railroed property, wille tho rosd lrst meu- tionod 18 operated by o Compauy which I forlunate enough to ownanother more valuable rond, 1 this road way operated by thio company owntog it, 1o rates walch it might lawfully chargo wonld Lo 30 per ceunt 110z thun thuse allowed Lo ruads In Clsss A7 Tho loglu of thenct scoms o be, that a_company ownitg n roud belonglug to Clusa “A” slnll not be pormitted to operato puotlior, under Jonso or other arrungement, without making {t o Arst-clasa rond, 4% tho rental of luo In gonerally fAxed with Tegard'to 8 gross carn- ings, tids provision 13 GROSSLY UNIUST to tho stockholdera of tho leseor compony, 1t dis- eriiminates between rosds of the satuu_cluss, Against thoso oporatid under Jeases § aud for that, u% well as ather rakons, docs 1ot havo wulform operution within the moaulng of tlio Constitution of tho Siato of Iowa, Tho rates tumed S tho echedulo which forms u part of tho nct aro substautially tho same sy thoso fixed by thio Ratlrond Commiawloncrs of the Stato of Tilinofa for tlio obscrvanco of this Company In the operation of that portion of #ts road in that State. ‘That portion In Jows bas muny grades much heavier and eurves sharpor than thiosd of (ho' luo in Illiuols, The ox~ Tonso of drawing o train of cars ovor tho graden and curves in Towa i greater thon that {nourred in bauling & mtich heavier train over the eutne length of line fu I1= Tnows, whilo tha revenuo roceived from tho Iowa train 11 not nearly ko lurgo as (hat from tho tratn in Miinols, Nolwithatunding thiess obvious factw, the Logislatura of Towa weslis to compel tho transaction of Lwinoya in {at Stateat rates 10 por cent lower thun thoso de- clured {0 be renonabio by tho Raflway Commissioners of Illinole, Tho deprecintion and wuste from uotural eauses on & lino wo cxtendod as thoso in Towa fa much greater, when considored with Tefereuco to the Yolimo of bueihess done, thun on_ that portion in Iilinols, “Tho sume ¥ trua 18 o tho wear and tear of rodbed and rolling stock in the movenient of trains, 'ho expenso necessarily ineurred in keepiiut tho track ln proper condition fur tho safo rovoniont of suy {rains ocs not fucreaso I proportion with tho fucreao of tonnage, "I diferenco I operating oxpenres in shown by tho item of fuol,—tho coul uscd by this Company i Obio costing an'averugo of 18 cents per to morethan thie coul n¥ed In INino TATEMENT SHOWING AVEUAGE COST OF COAL DURING YEAI ENDING daucil 31, 1874 Vo. o fona. | Averapel [ Stato of Tilinols, $140,097.05 Stato of Towa, 2,52 2UB,008,65 Tt s o well-luown fact thnt thio Tales preseribel by thio atlwuy Conmussloners of ol Iuvo been disr gasded by tho railwuy compunics for which they wero ealgued, for the reison thit th minagurs thereol are contident that they will bo biu o catubiish, fo the st infuctlon of courts uud jurics, thut thoy nrd frons 45 to ) por cont lower thin the Tuto necesrury to produce tho Fevenuo suflicient to pay dividonds upon: cupitsl stack and interest upon tho honded debt of thia conpi- afes owniug the rouds, Whothor oz not this confidenco i4_well-founded, et only bo delermived by the nfts_ now pending, Tho present otitude of tho Naflway. Commifesloners oud tho compaufen in Tiliuoin towird each othey way well known to tho Gen= orul Assetubly f tho Stata of Town at the data of_the annctment of this utatute. With this knowledge, rutes \ers tixeil for the rafiways of Towa 10 per cout lower than thoso wulhorized by the Commissioners of - uol, notwithstunding o wile dilferouco Botwoen tho ot darningu of ralwoys fu tho two States, 1 thy rutos fizod by thy Commissloners of tho ‘Stato of Tilinofs uro reasounble, thero ls no escapo from the cosclusion thut those ullowed by ihis act AUE GHOSSLY UNILAKONABLE, Wo hvo mud that tho rates fxed Ly ‘this statute rango from 30 to 40 per cent below thoso nctunlly charged during tho st year by this Company for trunsportation over fts 1o i the Btuto of Towa, Wo bulfove that a cereful cxamuiution of s business show thut tho disconut will bo much newtor 40 thay per-cent, If it ds nssumed that the rutes averugo 35 per cent loss {hun thoso actuully churged durlug tho Duet_year, this Company wonld, in 1he trausaction Of 1o Lusiness lu Towa, o ‘onforuily to the rutes provided by t, Lisve beon subjected fo . low of §202,40929" upon tho volumo of its Dusincsw which wus domo om. ity natn lino_3u lown, Icluding the Washington and Slgournoy ranches, instead of recelving uet ourn- fun winounting Lo 189,331,641t would, nlko, lve buen mubjctoit 1o a0 adufional foss of 38A01L on th Indfinoli and Winterect Dranch, instead of reeoiv- Ing et oarnfogs nmounting to $20,11,78, Tho oxeers of oporating_oxpenves over gross cariings of the Ohicago & Houthwestorn Would buve been incrossed fromn $31,632.45 t0 #121,08,0%,—sublocting tho Com~ pany to i lurs from the'operution of its lines in lows amountiug to $532,607.03, Tustoad of thy net corniugy amouniing to $787,808,83, o foregolng atimiuto I8 based upon tho business of 1ho pust yoar upon the hues of this Company, which, for that petiod, und perhups longor, huve buen OULIANLY ¥ORIUNATE In regard to loves uul casualtis which atiend raf) wuy-operutions i all countrics, It has fortunately cacuped great uceldents involving cnormouu loss of property und Mo, A very fow gavtltics of thls ol Scler Bt VUEY largoly s oparutiug expoises of thonfticted company, No bridges, culverts, or roud- ey o uny coushdoratilo Yaho, huv, beon Injured or desiroyed by floods; end, during the yoar”past, no higuvy Tosso Muvu been wostalued by Bro, The cost of materla) wsed iy constructmg und - ve- puiring va'lways and thelr equipment fluctuste n valio, aw do other urtielen iu tho wurkuts of the world, Durfug tho pust your, tho tendonsy of yaices huw boen to roitice, b somo degre, thego opor- ating oxpensey, Tho oftect springing ‘Trom thuse cuses iy, for fhe nost. year, bo dizoctly the roverso, T cout of materlal und of lubor iy nermo bt Jntkot-valios hoavy loswed by fire muy bo_sustainod ; acclitents, uvoiving lurge loskes of Lifeand yroperly, 1ay ot Bo uvorted, oven by tho movt cureful mubisgo iet, Bom provision i oo by overy prudent uin for wich contiigencices of 18 busitioss, und vory rail- Wuy compuniy shauld bo allowed 10 ko wuch pro- yiulon from fts feomo, Experience muy demonstrate Vo advintago of uow appilsucen and dovices for fu- creneing tuo convenfency and sufety of thy Passeugers Who fravol upon railwayetralde st ome ployos who oporute (hem, w8 well as of proporty aituated fu proxiuity to tielr dned, Auy valo ixed by faw, if the validity or practicablity of such: schednte #hould ho canceded, shonld make provision for those contlngoucien, Tnoact of the Gotoral Ascmbly of Town 1ot only mnkes 1o miich proviaion, bul, §r the ontiro busiutas of the Compauy fu tho Btate'of Tows ehiould ho transacted tn” compliunco with ita roquiros month, it wotld decreaso ita rovennea over n nillion dollars, ant render tho furthor operation of tho lnes possiblo only by PENDITUNE SUGR LAGER THAN THE Wa espect{ully subnilt thut tit reatltn of this Jogise Intion, fudged by the oxperionca of tho paat, eatitio Feallzs tio protiteo of tho title, ™ to catahiiny Feaorige bls mnxiumm rates of charges? “Wo do hot boliava that tho peoplo of Towa reuly desteo to conficata the proparty of compantes owning raflronds fn tint Stato,., "Thut thio owners of such properly are ontitled {0 rose rounblo profita upon tho nmount of capitat actually (ne vested, will bo donfxd by 1o veasonnblo mom, ~Tho recognition of (his priieiplo fs demanded allko by good fafth and commion honesly, ‘Tue ollicors of thig Cotpnhy aro disposed to regard thin act na tho resuls of Ity leglalation, without propor nvestigstion oe confiicration, ratlior that s & muulfcatation of u et tled purpose on tho part of the people, o disregard propont-rigits Whiora Uio owalurs Lispots o eorpos rallona 3¢ oreed t0 o coneluston (st tho Sconfscation o corborute proporty In tlie doterined ucuwno of tho yroojs of Luwa, thio powor to acoomyplish such & pire Jyowo st bo xéspeetfully, but firmiy atd peraistontly, donted, It i been hold by tho coiirtn that the nus thority granted to a rafiroad company to fixtolls musk o conntrued e conferting powgr to fix _reasonadia tolln upon liko reuyon, it miist Bo oflirmed that the Jower tenorved ton Gunoral Asombly to preseribo * tardils fur (ho transportation of porsons and prope erly ean bo oxorelked only by tho establishmont of redsonuble tarlits, The fmplication of law avalisble for the protuction of tho peoplo ngatnst exlortion fa au::u a8 eifovtive when fuvoked Lo proveut conflacae ot "I rocord of this Company linvo ever beon open to th exniniuntion of auy Comiitics anpoluted by o Geernt Awembly of tho Biato of Jowa, Tho aintise thes nbuvo el oi wero, al tho Lo tho statuty was o acted, accesniblo i tiio Feeords of tho Railway Commis= sfonurs i Lilinots, of the Exeeutlve Counell of the Slata of Towa, nnd of tho Company, No roquest for their commutiealion was, made,~io ~ opportunity for thelr presentation wae offared, Wu liave alrendy showi that the spplicatton of the rates named i tie statits to all of_the trausportation over the line of tho voad of this Compiny withiu the 8into af Towa would #0 reduce Jts rovoriics aa o pro= cliuly the paymenit of aividends aud fttéront, aiit 16z Alor thu continued operation of the lines impossible, It muy bo thint the Genoral Asscmbly notad upon tho bosiel thut tho ratos ehargod for domostic commorco luva bithorto bean wnressonably bigh, while thosa churged upon fnter-Siato commores litvo beon une Teasotubly Jow, Tierotoforo tariits Lnve boen ade Justed witbout ‘reforenco to Btuto Iincs, Tho differ- Tnco betwoen “long buuls” and “short hauls” ling always been rocoguized, na well a8 tho differenco bo- tween shipments n wniol] oud fu lurgo quantitics, Tor thin new diatfnctlon botween thoso Who (ransport wholly within tho Btato and thok who ship lo ind from pofuta within 1n lucs, the Ceneral Assombly, und nat tho raflroad companits, i responsiblo, It 14 not unreakonablo to assiime thut it was Intond= e Ly tio Gouural Assoinby st 1he act siould apply anly TO COMMERCE BETWEEN POINTS WITHIN THE STATE, It was pamsodd {1 the face of tho uudisputed doclarse tlon that it could have no effect upon inter-Stato come merce, 1f tho Geueral Assembly may compol coms mou cnrriers to transport over lines wholly withiu a State for lewy than u reasonable compensation, for tha reason that they may rofubuso themmelves by larer proflis ou (raunportation over lines extending into ud= ucent Btatew, [ may prevont wuy compeuntion for services remdered in domestio comiporce, and_compel tho earrler to place tho_entire burden upon the futor- Stato ehipper. Ono of tho griovances much come plutned ot {s tho ulleged dlsoriinination of railronds in favor of murkets beyoud the lines of the State, If it Is coneedud that tho evil oxists, hus the truo romody beun devisod I this sweoplngs statutory diseriminge tou nguinst oll such markef 1t s dinicult to undoistand how rates should ba reasonablo when applied to distances within tho State, and should becomo uureasonablo when appiled to th suno distances partly within aud partly withont, If I8 oven move diioult to underatand why rates should ba uforced us to o part of the buainess of the Com= paug, when Jt 4 demonstrated that their application 10 it entir business would be oquivalont to a coniise cation of iy property to the publly ue not ouly without compeneation, but with “the infliction of sd< ditlounl Toss 1o ita owucrs, Iu sny oveut, tho rata prescribod by tho statute, oven i€ valid, can apply only us to dumestie commerce, Whiilo this Gompany dénfes the Justico snd constta futioual valiuly of the act, 1t 1§ dlayored o aulect o TUE TEST OF AGTUAL EXPERIMENT. beforo assufling It in (ho wousts, Schedules havo boon arrangod, {n conformity with ita provisfons, for tha transportation of porsons and property botwerh points it tho Siato of Tuwa, Tho ofiicors of the Compuny, liowever, are Trustecs charged wilh the natiagement of the propurty uf it stockholdors i auch manuer ag o scelire tho revenio necessary for the puymont of oporatlug expeusus, reasonublo dividonds upon tha wioeks, and futerost upon bonds, Whila engagiug n tho oxporiment of oporating that portlon of the road in Towa in accordutico With the schedulo named in tho nct, it 16 tholr duty to so aujust the rates applicablo ta Intér-Slate commereo s to rovelve from tho outira bislucss of the Company (ho revenua to which it {4 entitled. Inioxible schedulos bavo uniformly been found impractlesble, und wo oy frankly that wo da not bellove that the operation of this road u couforme ity with this ono will sccord withs the principlos Whicls govern commerce, or thut the results will ba satisfactory efther to the ownera of the rallway or to tho pooplo of the State. It s hoped, howover, thak somo practical good will reault from wibjocting the ack fo th test of actual exporimont, 1t moy contributo somothing toward cifhier compromising or dispelling new thearios in rogurd to transportution, and briugin ubont a better undorstanding of tho principles whic shonid govern tho rolatious oxisting between ilia owners of ruflroud properly aud the publie, If actual oxporsmont sbail demonstrato that a continued observance of thesn achedules will not result I total or partial confiseation, 1t muy not be necessury te ralio uuy question n t6 the validity of tho sct, If tha rosuit of thorongh aud eatisfactory osperiment show that such observance must involvea permanent surs Touder of the revenues to_which tho Gompany is on~ titlod from tho operation of ita lines, o ditfereiit polioy wall be udoped, with a viow to socurfng suck rovenue aud an aiteuspt 1o oatorco thia aotsa & VAl v vl o TERIATED TN TIU% PROTER TRIDONALS. 1t fa the ]\un:nw of thooflicers of this Company ta contluct this experiment 1n such manner as {v satisfy all russonablo persons of thelr good fullh,—~shrinking frowm no fnvestigation of thelr munagement, and lsten. ing uttentlvely 10 all honest aud s eritjelam, Whilo this Compuny unequivocally denfes tha obfigation of this statute os o valid law, and wili do notliing which might operato to precluda 1t from as sertivg its fnvalidity bereafter, it hos no desire to dise regard that which ecems to ba the will of L\mJn:olfl wven though expreased in vold ennctmenta 3 wud it w do o only when that will demands the surrender of riglts wecured to tho owners of all proporty by tha fundamental Inws of tho lan rights the mnintenavco of whicls T cetentiul to to proper and proftublo us of il tropesty, il ovid Ly adividuls oFcor= porations, ! Dy order of tho Exccutive Committce, . Huai TuppLy, Vice-Presidont and Gonoral Superinteudent, THE ROCK IS8LAND & PACIFIC RAILRUAD CONFORAIS TO THE LAW, Special Dispatch to Lho Chicdao Tribune. Davexrout, In., July L—Tho new passongor rates on the Towa Division ef the Chicago, Rock Islwnd & Paciflo Railroad took offect to-dsy. Tho following aro tickot-fares from Davonporh to oints named: Wolcott, 36 conts; Fulton, 51; Durant, 67 Wilton, 763 Moscow, 87; Als liesn, 99; Wost Liberty, 8117 ; Downoy, §1.32; Iowd City, ®LG2; ' Tilln, §LB0; Oxe ford, £2.07; Homestoad, €227 Mas rengo, & Ladora, 6278 2,01; Brookdyn, 85.16; Malcom, , €000 Kolloge. Nowton, £4.20; Molucs, #5.25; Atluntie, 37.71; Avow, §8.23; Conneil Biuf, 51.61; Museating, §1,11; Washe ington, 52,255 Fairllold, £3.12; ‘and Linovillo, £0.16, "Phore rates aro figutod ot 3 cents permile, {u necordunco with tho now Railroad lnw, ~ Thig rond iv also billlng freight from Duvoeuport to all points in Town, at Tntes to_corrospand with tha new law, which makes a great roduction, EQUALIZATION INIQUITY, Injunction Grauted to Xestrain the Diviston of the Swag. Speetal Dispateh to The Chicado T'ribune, Spnisarieup, 11k, July 1.—Tho Hon, William M. Springor appliod to Judge Lauo, pitting o chumbers, to-dny, for an ine Junction to restraln E. . Dorkins, Conuty ‘rensurer, from paying into the Btato Troaxury $21,930,15. ‘ho oqualized valuntion of proporty in this County for 1873 was 800,814,600, and il will be soon that tho smount onjoined rosults from tho levy mado by the Auditor of 1 conts on tho §100 valuation fu oxcess of tha actunl lovy necessary to produce the rovenuo raquired ' for State” purposcs, which way 20 couts on the 100 valuation. The spplication wag mndo on belinlf of Virgit lickox and othorw, aud Juago Znne granted tho injunction, This ¢ probably the boginning of o sories of lll{ulwllm!l wihieh will be applied for in other countios. ‘Thig county wonld not got back as much monoy frowq the Biuto Trensury as it pays in, honco the appiic cation for injunction. PHILADELPIIIA, Ienvy Lonn Put on the London NMars Kot—Jonranlistic, Special Disvuteh to Thé Chivaao Tridune, PuiaveLriia, July 1—It Is anunounced thad o loan of £2,000,000 was issucd yostordasy ar 90 by tho Philadolphin & Reading Iaitrond Come pany, to tho English banking-houso of MeCile mont, Brother & Co., London, This s s strong proof, if proof wore nouded, of tho oxceliont cradit of this Company umong Furopean cupls talists, who are well posted, throngh thowr banks ors thoto uud hore, au to the credit of our yaris ous groat compauios, aud who eun e nicoly (useriminate in tholr advauces as can ow bankors, +Willlum Boardman Reid, ono of tho edltoss ot tho Fress, purchasod, ab a Iato lour yestordn ovoning, the Sunday Press, from Ool,'John W. Fornoy, It is said that at least two of our datly ovoning and two of our Suuday papors are on thoir last Jogs, "