Chicago Daily Tribune Newspaper, December 15, 1874, Page 1

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VOLUME 2 SILVER AND PLATED WARE, LA LA e s Slver Bridal Gifts. The Gorham Company, BILVERSMITRS. ‘Eeranvanen 161 Na. 1 Bond-st., N. Xo ‘estimonial Pieces---Fam- ity Silver---Forks and Spoons- Services for Tea, ;Rnncr‘ Tautch, &e., &, of Stetling Purity only. o3 dostrows of obtatalug mitloles of Solld Stivr, h::?ln: the :}\nhi\m Stoeltug ftamp (Lion, Anshor, and ¥aelottor G, wh ch is o positiva guarantoo of purlty, 1oy do s (hrough the jeading Jewelora af thls ity upon oo a8 favarablo a8 if obtained from tho Gorham Cown- pauydireat, o o s " FORNISHING GOODS. GENTS MEVPSUSIEPRS LADIES And Gontlemen in seavoh of Holidey Presents will find the lurgest ond most elegant variety of the following goods, viz.: Sill Pooket Hakfs. anf Huflers, of the rarest French and English designs; Linen, Cambrio, Hem-stitohed, end Embroidered Tni~ tial Halds,, from medium to finest jmported; Sillk Neckwear, in quantity, varioty, and attractivenesy never ap- proached by any house; Dent's and other popular makes of Gloves, lined and unlined; richest patterns; best manufacture. equaled, ab WILSON BROS., Shirt Mannfacturers and Men's Farnishers, All at prices nob 67 & 69 WASHINGTON-ST. e s KT HETAL, FOB THIRTY DAYS. SEAT, SACQUES, SEAL FURS, MINK FURS, ERMINE FURS, LYNX FURS, CHILDREN'S FURS, At Manufacturers’ Prices for Thirty Days, at EDDY, HARVEY & CARTER'S, 939 & 241 Madison-st 545 MICHIGAN-AYV. BARGAINS IN LADIES FURS. Realdonce, Gi5 Mtichipan-av., north of Sizteonth-at, b S e oy =) JEWELERS. &, 0, MILLER, §r JEWELER, 61 WASHINGTON-ST., Between State und Dearborns Has the most elegant STORE, wnd the most complete stock of JEWELRY in the city. Open_every evening after CHRISTMAS. JOEN G, ASHLENAN, EE%YWalchmam il J swulcr,wm 100 STATE-8T,, cor, Adame, eyt S Gold bosom studs, of Silk Umbrellas, of until HOLIDAY GOODS, [HSURANCE oy soason Westchester Tire Tswace Company | o_3¥7 < 0F NEW YORK. Riode Tslond Tusuranee Associaton LEETER OF PROVIDENCE, R. I CASH ASSETS, $1,800,000. & @@ ‘ ) State and Washington-sts, Will for tho Holiday Season make o splendid display of Articles and Fabrics, .suitable for Gifts, com- prising specialtics in all tho prin- cipal Departmonts, which have Deen marked down for the ecca~ SILKS. —_— Maegi].figgnt %mbrd“if(}-m% gél(!)s Robes i b T8 0 5 Sir Pie Tnswance COUDALY | mich Brovudod Sils $1.50 to 88.00; OF NIW YORK, " former prices $4 to $7. i Heavy Black and Colored CASH ASSETS, $400,000. $1,50 up. and $1. Fanoy Silks 600, 750, A lino of American Silks $1.60. VELVETS. Tiyons Mantilla Velvet $8.60. A superb artiole, 32-in, at $10 Beaded Velveteens for Sleeveless Jackets $1.60 to 2, reduced _ from $3,60 and 4. Corded Velveteen only 36c. A lot Trimming Velvets $2.50, FINE AND POPULAR DRESS GOODS Of every desoription, at henvy con- cessions. TLadics' Oashmere Robes de Cham- bre, &o. CLOAE DEPARTMENT. Bargains in_first-class Velvet and COloth Oloaks, Silk and Stuff Suits, Embroidered Unmade Pol- onnise, &o. SHAWLS. Real Indin Camel's Hair, filled and open Centres. (Camels Hair Striped Long Shawls, Tong and Square French Cashmere do. Paisley and Broche do k 8t Nicholas Tosrmee Compary 0T NEW YORK. CASH ASSETS, $300,000. Oswege & Unuu—fla_g;l Tire Tns. Co. 0T PHENIX, N. Y. CASH ASSETS, $300,000. For Insurance in sbove first-oloss Companies apply to TRALL & FISHER, 148 LA SALLE-ST. CROCKERY. I will roceive bids until the 22d inst. for the balance of the D. Hor- | man Lomer stock of Crockery, con- sisting of about 100 Crates. Invoices of the same can be exam- ined at my office, 901 Fagt adison-st T ghall sell the lot to tho parties making tho most favorsble bid for the creditors. H. M. EETCHUY, ASSIGNEE. GLOVES AND LACES. o ¥ “ French and Sootoh Fanoy Wool do, o ‘A choice selection Camel's Heir Soarfs all much less than last season's prices, Wo will place on mals Alozandre's and C E1d Glover, in sizes b aud 6, at Uoe Dollara. 3 e above gonds havo been bonght at arecent Shoril? Bale, and are offered at about half prico. ESalo will g on soparate counter, In Btore € and & ‘Washington-st, MANDEL BROTHERS. Seal and Mink Sacques, Astrachan Sacques, Children’s Lamb White and Gray Coney Sacques, Sotein Russian and Hudson Bay Sable, Silver Fox Saoques, Fxtra Mink, Lynx, Black Marten, Clinchilla, Ermine, Gray Lamb, HOLIDA [eeleds iy HOLIDAY GO0ODS AT RETAIL. Photoeraph Albums, Polsot Beo's, Pookot Knivos, and Loethor ‘Fancy Goods, onrds, Cribboro Donrds, hossnion, Pirie's Writing Paper aad Eo- wvelopes. ‘Alnu, o great varlsty of athor articlos, suitable for th Hol{uay scason, CULVER, PACE, HOVNE & (0. 118 & 120 NONROLST, CHRISTMAS Bronze, PRESENTS! HAENEMANN HOSPITAL FAIR. Fine Writlng Dosks, i i (] ‘Gooan, 'Dagkpammorn Playing Qurds, A ] Squirrel, and Seal, Gents' and Ladies’ Seal Gloves, Hats and Caps. Full lines Children's Furs, $1 Sets and up, and Children's Fur Hats, Caps, and Hoods, FIANOS, CHICKERING Tadies', Misses’ and Children's Fur- nishing Goods, Ohildren's OCloaks, $4 to $10. Full lines Knit Worsted Goods, Gents' Hosiery, Underwear, and Fur- ® | Now patent double-bearing Agraffo applied to overy string. ‘Produces tha swoatest tono ever hoard. 1| TExemine these now-atyle Pianos if you wish to buy tho latost improvement. BEED'S TEMPLE OF MOSIC, | | nishing Goods. . :fl—%&w@?’?—"fi"@; Ludl%?;dgweflmdmn’s Hosiery and i DISSOLUTION NOTIOES, Speoial Attraotion in Gonuine Lacos. DISSOLUTION. Point Gaze, Point Applique, Point de N ) The Il f MoOrendy, Smith & Al t tbls city, It . 0 0 CLOBING-OUT SALE! e o ot soumuaty M. . 1T, Alon Paris, end Valenoiennes Trim- Alargo tock of Chlldsen's Clohing, and troal {avolces s i,’m&‘.‘}‘,”,}{’,’,‘-}’,’{; ming La(mg. Hdkfli...Sets, Collars, {‘-3%‘.i‘;‘:g;“;';“flh;,_:fqu-fih’“n"‘r‘;‘fx'a;.‘5“3:';%:.‘."“ ininfae | Ohieano, Des. 8, 1074, ¥, HOYT ALLEN. , Barbes, Coiffours, Fiokus, Oapes, y Wheelor & Mier sloniay niiamoun; Lt Maching floons, 1063 Slate: L W. MCOREZADY and HENRY K. SMITH iwill con- Atuue tha Cark Bustnoes ander thofirin name of MoUready Chimizettes, &o, DENTISTRY: DR. E. L. GUFTIN, DEINTIST, 2569 West Madison-st, SERVIOCES GRATUITOUS Vath tho Brat of Sanuary, 1815, Twiil FILL TRETIE for strangrre at cost uf malcrlald, Great Bargains in ('lhantilly Barhes, & Smith, at thoold stand, 23 aud 28 South Coval-ots uanging s bl o iak v, Yo hese \o et ® | = (ly e, Polorines, Sashos, Ootf- — Sy fours, Mario Antoinettes, Veils, &o Splondid assortment Jabots, Ties, Fan- oy Neokwear, Embroideries, Sots, &o.--the very Latest Noveltios! Fine Linen ‘Inble Seots, Lunch Tovestod fu Btock Privileges (a Wall-st., lends thousands of dollara’ profit, Comprulionsivo o3| NOTICE: A Tibheral Reward my buggy run ioto on Tsonests ou Molday Wil be pald fo auy porsoa who aaw o ctrnepal i, ot kol 1 ), 7y alot alf-) o'yl . s RIS ER Tis Lasattoat, “MACHINERY. Tiew Tugines and Bollrs, te, nud Machinery nf all clroular, sontalviog dotullod statomont and prioo-listy wallad an application to ALEX. TROTHINOIAM & 00., L Tankors and Brokars, 13 Wall-st,, Now York, Tot fhrao soars, at 10 por caat, on first-olass Chlsago roalcatato, TURNIR & MARSI e Gloths, &c. For tho Holidays and Party Senson, Cloths all lengths, Napkins to mateh, A choice se« lection Embroidered Piano and Pable Covers, with many other items suitable for Presents, and peenlinely approprinte for the 1OLIDAY SEASON. FIELD, LEITER & GO, GUITHER'S CANDIES! tortzonit uf‘:fl;é’n o sdinees otiorus Tathoss | ¢ d 2 tosll E” ) of : s Hotlorw, I alobratod throughou the Unlon, Txprotsed tosl) gatta 2 ane, ol joud fox clso AL WORKS | S it (1 s : ftest ™ i v GG, BN | e cesus s wognld pod S0 SRS G Stato and W flS]llngtO]l-StS. hicagm CHICAGO, TUESDAY, DECEMBER WASHINGTON. WMinute Inspection of Press Gags in the House. Lymen Tremain Offers an Tmyprovement on Po- land’s Patent, Mz, Phelps’ Repenling Act Re- ferred to a Com- mittee. ' Uncle Dick Parsons Rises to Explain. Hle Is Forced into Telling Ugly Truths About Himselfs A Compromise Geneva Award Bill Offered in the House. A Safe-Burglary Investigation Pro- posed by Beck, but Dis- alloweil, Ben Butler Appears as the Champion of Subsidies and Steals. A Mournful Report from the Freedman Bank Gommissioners. Report of the Government Direclors of il Union Pacific. ANTI-PRESS GAG. TROVISIONS OF TREMAINE'S DILL. Special Dispateh to T'he Chicago Tribune. Wasuiyazox, D. C., Deo. 14,—Mr. Tromaino's bill, which is proposed as o modifleation of tho Poland gag-Inw, is in substanco as followa : It dooy not repeal tho section of tho law known so the gag-luw, but amends it so that in cneo of in- dictment for livel in this District, whon a libel ig priated in & papor publishod outeide of this Dis- triet, but clreulated horo, the indicted porson ghall have tho Tigut too trial in tho TUnited States Court n the district or oircult whero tho nowspaper in (gmnzion s published. This right shall o contingont upon tho oxccution of =n bond the ypereon indicted in {ho sum of not Ices than $250 nor moro than 84,000, The conditiona of this boud nro, that, in tho ovent of tho conviction of tho defondant, thg plainti sball ba paid all rensonablo and necessary travaling exponses in f,alng ta tho judicis! district of the placeof pub- ication of tho nowbpapor. It will bo scen thut tho bill embodion spmo of tho vital objectionablo foutures of tho Pojsnd gag-law itgolf. 1t eatab- Aishes o nationnl oy of libol, aud procecds npon tho assumption that o libel is committed wher- ever o powspapor cijoulates. It practically over- rides tho Stato layd for ubo), and oxtends. tho jurisdiction of Federal Courta. Tho bill was re- ferrad to tho Judiciery Committeo. ATTEMTT TO NEPEAL, THE TOLARD DILL. yilliam Walter Phelps made good hly promiso, ond to-dsy moved to suspond tho rules and considor his bill for the ropoal of the Poland gag-law. Tho Houso rofused to ot pros- ont cousider his bill, and for two yvery geod reasons, ‘Iho opponents of the Republican majority will not bo low to find in this action o taxt for n general villification of tho motives of tho Ropublican membors, and they will not make known tho resl rensome which controlled a mojority in_declivivg to ontor upon_that question, _The reasons were theso: TFirst, Judge _ Poland, Iu viow of tho univeraal attack npon himeelf in connection with this Jaw, which ho charactorized as & slight pub- Jie allusion to himself, claimed tho right to bave an opportunity ou tho floor of the llouse to say gomething of tho roal origin of the bill which boars his namo, aud of the ronsons which in- duced him to futroduce it. ‘'his courtesy tho Democrats worg unwilling to accord him, and, in their zonl for sensational popularity, insistod upou forewg the bill to an immodisto Yoto with- out ony cousideration whatover, The Ropubli- can mombers thought tho long term of servico of Judge Polnud in tho Houso warranted him in insiating upon tho sight to bo henrd. They thoroforo, from o senso of courtosy aud justico, would not pormit tho Domoorats to horind him down, In taking this courso, they by uo moans indorso the Yoland luw. . 8 U BECOND REABON was that tho Phelps bLill itself, in the opinion of tho best lawsers of tho Llonso, who ony it is not all what it prolends to be, id & crudo bill, Goorgo . Hoar and othora of the loading law- yors who Lave given it o careful exsmination stato that Pholps’ bill has no refor- enco whatsoover to criminal ludictienta for libol, and can bo construed to rafur ouly o civil nctions for livol. Tho great objection to tho Poland gag-low_has been tho juriediction which it ja supposed to give to tho courts of this Diutvict in cricainal ibof, . Tlta foaturo_ Ityers liko Hoar claim that the Phelps bill would not ropeal, Theso lawyers aro themsolvos a8 earncat for the repeal of tho principloof the Poland gag- Iaw s is Mr, Phelps himself. Thoy wero n- fluonced in their votes by a desire to'have a bill which would fully accomplish tho REPEAL OF TUE PRINCIPLE O) TAB LAW. ‘This thoy thbught could nok bo done oxcept by reforring tho bill to o_committco whoru ity pro- ~visious could be_carofully considered aud com- pared with tho Poland gag lsw, ‘Theo woro tho yoai motives which controlled tho votes of tho Topublicans, Many of the statemonty which will bo sont abroad to-night, that the Ropub- lican mombers of tho Lower Housa rofueed to act upon the measuro, bocauso tloy are in favor at the consoralifp of ‘the pross of the country, are a¢ ridicalous as thay aro unfair. ———— THE PACIFIC MAIL INVESTIGATION, CONODESSMAN PARSONS IN A4 IAD LOX. Spectat Lispateh to T'he Chicago Trivune, Wasinazoy, D. O, Doe. 14.—Richard C. Par- sone was unfortunato in Lis votuntary attempt to purgo himselt of alt suspicion of connoction with tuo Paciflo Mail subsldy. Leat Friday, tho Now Youl Tribune, vefersing to tho Paciflo Mail In- vostigation, sald Wo hopo It Mr, Richiard 0. Parsons wlll bo asked to tewlify as loany usoof n large sum of woney of which lio may bo coguizant, Tint pight Parsons ennoed tho following tate- mont to bo song'to tho Aesocinted P'ress : M, Vursoue, of Oblo, will, ot (ho carlicst momont, on Monday, froud hia beat i tho House, deuy in tho brondest imannedbat bo ind awy counectfon Whnievor witl tho distiibution of the toecallod FPacifiv Mall fand, a8 chorged i o recent nowspaper urticle, und will stato thut Jio never puid a member of Congresy ono dollar for Wis_servivey or bis voio on the messuro, or knaw of ona befuy pal Mr. Parsous to-day, Houso, did DEMAND A PENFONAT EXPLANATION, 1t was granted, Mo atated thet o deuired, in tho proudast manner, 10 sey thab tho inivuaiion of tho J'ribune was_unting amd unfounded, e hiad no knowledge that sny 1nonwy vias ever prid ta uu{ Congressman in conuection with that subsidy, and at the tino it was pussed ho (Lar- trom hls place in tuo ronn) was nob a member of Coigsrozd, Mr, Non- dulf, of Pennsylvanin, horo desived to ask Lar- soun » question, which Wit WHETIER 11 (PARSONS) WASKVER PAID ANY MOREY in oopuestion with tho eubidy. ‘Lo shis Me. Daily was Masshal ‘of Caurt. of'tho unfavorablo impression. the intontion o and of tho statomont In Congress was to donyall knowledgo of tho trancactlon, to Randall's intorrogatory showa that, giving tho subject thomost chnritabloconstruotion, Par- nous, ot thio sidy was paasod. undisputeaclaims in_sbout $2,600,000. groater portion accrued in the Now Bedford Dis- 15, 187 o 'nflnu, ithout furthor oxplanation, answorod, At tho timo tho subaidy was Unitod 1lis poraonal explanation has crontod o most 1t soamod ovidont that tho Associatod Proes dispatch grlntm) Parsons tates Bupremo But iho answor by his own confossion, was apaid attornoy Pacific Mail Company at the timo tho sub- s 1o will bo summounod beforo the Iuvesligating Committee. “CITE WITNESS BWORN. 70 _the Associated Press) Wasmisoroy, D, C., Dec. 14.~D'rivato infor- mution recolved by mombora of tho Wayu and Monns _Committco loads thom to bollevo that Tchard B, Tewin, who bandled 750,000 of tho Pucifie Mail Stcamship Compsny's money, will keup nothiug back when he testillos to-morrow, but sccount for overy dollar oxpended. aro alho assuved that Trwhy will bo nblo to ahow that, with tho excaption of n yery small part of the money (about $15,000), the funds woto ugod to cover tp stock speoulntions. But other infor- mntion {rom s trustworthy sourca ia to tho offect They that Irwin {s not likely to toll all that Lo kaows, but will make such.an_oxplanation ns to leave tho Comnittoo in the dark as to whore the monoy sotunlly went. ——— THE GENEVA AWARD, COMPROMISE WITIL THE INSURANCE COMPANIES. Speciat Diapateh to The Chicaon Trivune, WasnixgTox, D. 0., Deo, 14.~Lymon Tremsin introducod & bill to provido for tho further dis- tribution of the Gohova award. Tho bill s a ro- sultof o compromlso betweon the insurance companies and what are known aa the War-pre- mium claimants, For two succesaive winters thoro has boon o groat contest horo betwaen theso two rivel claimants for tho $15,600,000 of the Genova award. Doth partiea bad & vory large l’ollowlnf. They woro supported by strong legal talent in Congress, snd by a powerful lobby. —Lsat winter o partial compromiso was ' effected, and o bill ‘passed providing that the claima upon tha award concerning which thero was no dispute should bo pald. Tho aggrogato of lhlgae 0 trict, in Mussachusotts. Under this compromiso 1aw the Gonova Awnrd Court was organizeds ‘Mo compromieo which has boon mndo botweon tho ineuranco eomponios and tho War-prominm clnimants is ganorally undorstood to bo that tho insuranco companies ghall bo admitted to o par- ticipation in_thio award, but that thoy shall moxo pro-rats discfintion of the smount awarded with {he War-promium claimants. ‘Cromain’s bill, which 18 supposed to Vo introducod in consoguence of {ho compromiso, proposes to Toponl tho scction of tho lnw of last your which oxcluded insuranco companies from participation in tho award. Tho bill also oxtonds the time for sosaions of the Alabamn Court for one year far the honring of tho additional olaims whict I this bill sre admitted to tho award, As the ovi- donco {8 all propared, one year is coneldorod quite suflcient. S THE SAFE-BURCLARY, INTRODUCTION OF A RESOLUTION FOB AN INVESTI- AATION, Special Digpatch to The Chicago Tribune. Wasmisaroy, D. 0., Doo. 14.—Mr. Beek, of Kentucky, to-day introduced in tho Iouse a resolution asking » Committos of Investigation to inquiro whether sny ofiicor of tho United Btatos or of tho District of Columbia hns used any monns to obstruct tho administration of law with respect to tho eafo-burglary case, Tho Tlouso declined to ndopt the resplution, tho voto boing yoss 138, nays 83,—nob two-thirds. By tho failure of this resolution the country hns cecaped anmothor droary safo-burglary fu- vostigation, and tho Oppoeition press hes beon furmshed with 8 mow text. Tho noture of that toxt may Do found in tho astounding declaration of Mr. Teck that Mr. Riddle had beoo diechnrged from ncting a8 prosecuting attorney in this caso bo- cougo ho was certsin to lavo disolosed tho complicity of peraons in high places. Tho voto unou this resolution is to bo made tho sub- ject of SEYEDE POLITICAL COMIUENT. The Rapublicaus will, doubtlees, be chnrgod with an attewpt to concoal corruption. A vory different explanation of the Ropublican nogative votes upon this subject can bo given, The Re- publicans wero not unitod in their votes. If hero {8 auy raecality in _ conneoction with the miseruble safe-burglary businoss which bas not beon discovered, the majority of the Ropub- licans unquestionsbly aro ready for furthor in- vostigation; but, us ono of thom romarkoed, thoy iwqre tired of boing compelled to voto nt the lesd of the Denocrats for an iuvestigation of ovel'!:l porson and ovory thing.” Those who vote AGAINST TUIS INVESTIGATION woro influonced more by their opposition to Democratio loadorship tha friendsbip for eafe- burglary business, of which thoy practlcally Kuosw uothing. Othera voto.l agaiust an investi- gation. in tho beliof that Leck's resolution Was _only prosentod for tho purpose of croating additioual political capital for tho benefit of tho Domoeratio party. The Demacrats have alresdy declaved that the next Congross id to bo a Con- groes for investigations, They are moro than making good their pledgs by altompting to cou- trof the remainiug montha of thin Cougrens. Tho migteko which the Republicans malio in opposivg this rokolution, it wistako ibis, is dno to tho power incldent to tho election, which hau never Inanifeated itself go much ay Lo-uy. nnd to TItE ADSENOE OF LEADEUSIIY in tho House, Tho liopublicans luve becomo especially conscioua of tho latter faet, aud it iy now nnggostod that o caucas bo epeedily ealicd for tho purpose of offocting a botter party or- gonization. A cauotis can only bo ealled by tho pormauont President of tho eauous, vho 18 Tor- aco Mayunrd, of Penncsaco. Lho following 18 TUE NEOATIVE VOTL on the Beck resolution to invesligato tho safe- ‘burglary ¢ a8, Albriaity Hoskioy, Ralnoy, Taumng, )[nugh!nn, Tapier, aryare, Tiubball, Nobinsun (0.9 Negole; Munter, Ruek, Bradiey, Hyute, Bawyer, Burron Kellog, Beuddaf (X, 3 Sutl ags.), Lowie, Herslons, Butler (Tenoy), Loftand, Bleaty, Carpenter, awe, Hloan, Coeenn, Tuwndes, Buwarl, Cluyton, Lyuch, Braith’ (P, Cleinonts, Muynerd, Bmalth (Vi Cabb (Kan), NMcDougall, Suydur, Conger, MeJuukin, 8t dub, Danford, Meltee, Stowel), Darrell, Muoaoro, Btrait, Donnsy, Negloy, Taylor, Duell, O'Nel “hiomas Vo)), Duanel, orry Thornbuig, ‘iold, Orth, Todd, Tryo, Yurlier (MoJ), Towrisond, Guuch, Lursong, ‘Tromniy, Megenn, Telhata, Wallate, il (N, T, hops, Ward (%, 2., Huvens, Phiilips, White, Hays, Viatt E“") Whitely, Iavelton (N3, Platt (N Y), Wil 1oar, G, Fyy Joland, Wiillams (Mags.), Hodges, Trat Willinms (Tud,) 88, Hooper, e THE FREEDMEN'S BANK, DEPORT OF TIYE EXANINERS. Wasnixaroy, D. €., Dec. 14,—The Commis- eloners of the Troodmew’s Bavings and Trust Company will prosenta ropors to Congroes to- morrow. It will show tho cash and cash itoms on hiand at the goveral branchos, as ealled for by thio Looks of the Company abtho close of busl- ucws July 11 laat, amounted to §49,191, Of thly tho aum of 31,089 only had boen recolvod up Lo Nov. 30, The ditforenco, €17,413, is found to convint mainly of tomporary loans, duo bills, and sliorts, oavriod {n cash by some of the branchis, A portion of this amount the Comuisslonors fenr will prove o total loss, Tho Connnispionors sny that wlugg to the dofoctivo aystom of bookloop- ing and pouoral confusion of necounts, and suneidorivg homatestal they huva bud tavly on, and porsons (o deal with, it ju somowhat doubt- fal whotlicr they will over bo nblu to obtuin an sbolutely correet statomont of tho liabititiow tusl susety of the Company. At any rute, 1t wilt o A HLOW AND TEDIOUS PIOOERY, "I'lio montiny roports of tho hranchos ehow that hero nroon thoboolts of the Company ayer 73,000 dopositoss’ accounts ntill opon, and eavh of them roquires caseful oxamination. 1or i IWY time it luws boon lumown that the doposit ladger- balauces of several of tho bruuches, including thosn of tho Washington branob, woro inacou: and unroliable, thosa of the Washington bi alone containing at the timo tha Commissione: toolt possornion discropancios of over 70,000, Tho tim of $16,623 Liss vinco boon discovored to consiat of tho duplication of a portion of the do- ositors’ nccounts, thoy having boon tivico traus. errad from ono of the old ledgors of tho com- !muy. On sccount of irrogularitios thus oxist- v the Commissionors mado the prass-books thomsolves the basis of their exmmnination. It noon becamo apparent , that dosigning porsons wore engaged in EXCITING TUF, USPICION OF DETORITORS, and endoavoring to provent them from prosent- 1ng tholr pass-bools, All the schedules oxcopt thoso of Now Or- lenns and 8t, Loufs have boen recoived. Most of them show the nmount dus dopositor’ 3o greater than the nmount proviously rop: &3 by tha ofticors Iu cliarge of thn sovoral b =5 bH, When tho Commissionors assumod cor &~ tho running expenacy of tho branchios of St sti- tution nmounted to gbout $165000 p 5 um, Theso have been out down to about § 5 J por aunum, ¢ S Agonts linvo heen refainod atamal! S 7in a number of placos to guard tho iute * of de- positora and aid in windiog uI: ther_ &% of the msntusion, Most of ho IS 0 hold by tho Company aro ovord ind on mony of thom intorest ! been allowed to accumuleto for twi /1n somo cagos threo years. The collootios. il ostato 1oans ju oxtromoly slow and difficult. "as to tho collection of the so-callod availablo lonns, their colloction is still moro difiicult, About hslf of them woro mado in $ho District of Columbia se~ curitios uow below par. Of many of theso lonna tho socurity is inndoquate; of tho othera utlor- 1y worchless, and in'soma cauos the funds of the ‘ank had been LOANED UFOX MERE PERSONAL XOTER without ony sceurifi/ whatover. Tho same muy substantialiy bo said of Lho branch loans. Asn clnag, thero appear to bo tho worst in tho possos- sion of tho Compauy, and tho Commiesionera doubt whothor oven 50 per eent of their amount will ovor bs callected. In attompting fo renlizo upon tho real eatate paper of the Compaay, the Commissionora hopo to secure tho co-oporation of Congross in makiog over somo of the Waeh- ington and Jacksonvilip property to the United Btates, for tho uses and purposca for which thoy ore admirably adapied. TIn tho mattor of assignments, finding thab persistent offorts wero beiug made to 1mpose upon tho depositors, tho Commissionors adoptod « rula to racognize assignmonts ouly eo far ay to deliver checkd in paymont of dividends to as- sigoces, but to draw chocks to the order of tho oripinal dopositora. This rule, though waveraly criticized, nnd apparontly harsi: on somo of the most noedly, bas heon found to operato bonoti- cinlly on tho masses of depositors, kocping them from gacrificing their interosts for o mero tridle, Tho exlibit of TIE CASI TRANFACTIONS from July 13, 1874, to Nov. 10, 1874, bothin- clusive, showa a batanco of cash nud cash items on hand Nov. 90, 893,852, Tho Commissioners any: ‘“I'ho cash on hend does not promiso & vory early dividend, unless Qongross comes to our nid and authorizes tho purchaso for the usc of tho Governmenvof somoof the roal estate owned by the Company. A lougs time will elapso boforo wo can hopo to sccumulsto sufliciont funda to muko a psyment of 20 por cont, for It roquiros nearly $600,000 to mako such pay- ment, and tho amonnt of cash in ho Troasnry subject to diaft at tho writing ol thig 1oport is $118,608. The Erefluni condition of tho baoks and accounts of tho Company, too, §6 suoh that ovon if wo had tho nocpusary funds now to declare o dividond it would not ouly be imprudent but unsafo to do so, Iones it is im- possible for us to say LOW 500N A DIVIDEND WILL DE DECLARED, Timo should bo allowed us elthor to recopcila tho existing = discrepancies, or at least orrive ab somo satisfactory explans- tion of thom, 8o thet wo may nob bo botrayed into tho paymont of obligations already eatisfied, or noglect to provide for thoso wtil] due, but which appear closed on thio books. In tho meantimoit would bs woll if Congress shiould authorizo us toinvest thesurplus balance to our credit in_tho Treasury of tho United Staton in Unitod Staton bonds to bo kept on do- posit in tho {lroasury, ro that depoeltors mny profit by tho fntarest which would acomnulato on soid bonds until such time as funds may bo actually neoded.” * 1t remaius for uy, beforo closing, to rofor briofly to the SIANNER OF PATING DIVIDENDS, and to submit cortain ameudments to tho act of Juuo 20, 1874, tho adoption of which we deom abnolutely negeesary to ihe propor disoharge of our duties, How are dividohds to bo pnid, aud whero? How aro depositors to Lo identitled ? How are nssignments of doposit accounty to be recognized ? - ‘Theso are questious of tho utmost impartauce to us, and to tho army of croditors of ‘the Company, and requiro full and froo dis- cussion and adequato_legislation boforo a divi- {end can possibly bo doclared. We hope, for tho snke of a further reduction of expenzos, Lo dis- pongo witl the services of mostof tho geatlomen Who now roprosont uy at nominal salarics. We shall bo . IGNOJIANT OF TIF. ADDRESH OF DETOSITORY, most of them, Loing unuble toread, it will be impossiblo to notify them of paymeni of divi- dends, and thousonds of thom, if payments aro to bo made by checks, will flud it impracticablo to identify thomselves in tho ordinary mauuor, Unless we rovivo our agoncies by the timo our dirst dividond will bu declared, wo fail to seo how wo can poasibly attend properly to this portion of our duties. On tho other hnnd, the oxpongog of running the branches and kooping thom alivo, o8 nlrordy statod, will absorb a prost portion of tho sowels of tho Compuny, and of course correspondingly diminish the dividends to bo paid. It occurs? to us, theroforn, tliat the "T'reasury of the United Stases should boroquired {0 nssmno theso paymeuts through its feonl igonts aod agencien, as tho snfost and monl geonowical plun, upon our dopositing suflicient fuuds for_that anmso, oud furnishing the nccesgary dividend schodules. "Tho amendmoents Lo tho ack of Juno 39, 1874, which we subwmit, are: 4 First—o nuthorize ond requiro us to mako periadical reports. ‘Sccond—'To givo us_express authority to com- pound and_compromiso debts duo to abd labili tios of tho Compuny, subjecs to the approval of {ho Sacrat ary of tho ‘Treatury. Third—1o givo ns oxpresy authority to buy in any proporty oxposed by us for salo at auction in entoreing the colloction of loand due the Com= pany, and to_aoll at publio or private talo ol nroperty, whether real or personal, owned by this Cowpany, and oll property now vested or (Lat mny hereaftor become vosted in us, and 1o mako good aud sufliciont couveyanco to pur- chasor_ or_purchpsers thercof, in whutover Stato, Distric, or Lorritory tho same may be. Fourth—1o transfor to tho Tronsury Depart- dividonds, mont the payment of Tor & speeitlo agstgumont of Fifth—1o provido depusitors’ acoouats, (Sigoed,) Jonx A, J. CREBWELL, Ttouznr Punyis, Rtopexr I, L. LEIFOLD, Commigajonerd. — IMMIGRATION AND COMMERCE. REPORT OF TII NATIONAL BURKAU OF STATISTICE: Wasuryaroy, D. ¢, Dec, 14.—The report of tho Chiof of tho Bureau of Statistics las tho fol- lowing table, containing o compatative Btato~ ment of inumigration by countries othuologically gronped for tho four flecal yeurs, from July 1, 1570, to Juue 80, 1871: ounty leally s Fear endud Jy = pwr"';’*,',é‘.fi,;;:lr.““' REE T e A N cgtland, S0t 8] i ot 91,623 1,18 9,483 Rt 149,847 2,481 1 439 G4 7 i, 28,815 SN ARy, A it v iy Motii: st vl Bwoue, ay, . aii) Donmark 9,133 l)hlnlull Bwiizors l'r;ulmu,‘ i 1, g Fottugsls Turels and Po 52 X Latin: 23,861 2,694 16 w8 060 40,178 Lt Fruvlucos, syt oud Parduiicen Alozico, hauth ubs, sad Pors to Jiu Albaiiior Siias 1,100 4,410 S o ‘I'otnl fmmigrants, L, 042 of thils nun Dritain, uotspeoitied,’ Tu regard to tho rade with Canada tho roport snyo, atibongt tho puiliehed statements of L Birow n Teqard 80 tho whole foralun trado of the couutry, and Pattloulurly ot one uxporls by waler, nmlmntf{ s Slrate, et 1t hua hitherto becu found finpracticablo, it Dot tipvssibly, to obtuln full_roturus of mevehandiso “xpuriid to thio Pravinees of Ontarlo and Quebice, Tho faet, Jong known aud steplored, §s thy more o bo yo- gretted now, when our commercial_relations with the Domluton of Cunuda oxcdts much discusslon, aud will L 0,150 4060 459,68, 019,59 worv roported us irum ““J‘l‘flll goon, 1o donbt engage tho rorious atiention of the Benntont tho United Btates, ‘Tho returns front soverul Custom-Housca on tho Oanidlan border Eronocessarily defoctive, owing ta tho want of m“‘lll,\ll\sn roquiriug persons oxportiug erchudis by nd couveyance 1o filo manifeats of auch moro the Golloctor of tlin Cnstos border noroen which the into_ tht GOUNIEy, 48 18 S0 Toquired b (6o 6848 f AL expoFik 10 forelgn countrics in voasels, From tho dofalled stalomcnts by provinces and Jorisysa wolt a3 by articles and valies, premarod by o Qommiesionor of Guatoms af tho Domiinion, the Buroant hias been ablo to ndd to tho stdtod valuea of ar- tiolea embraced in tho returnsof Collvetors of Quatoms of the Districts of Vermont and Niagara, the official figures obtained from Oansda, which figurca are pub. Jished Iu tiie statement of domestic. exports contained i1 the anoual report of {ho Durea on Commorco snd Navigation for flio flacal yoar 1874, anl also in h( Tagnthly report for Agust, 1874, The total valuo of thn ariicles omitted ns abov( atated amounts, in tho fveal yenr 1874, 10 $10,200,030° Canadtan or mporio votuos, s to §11,424,056 4t United Htntes currency, computod at tho average promium on. gold tn that senr, Tho axport of specio fn tho aamo portod smouats t¢ £3,010,009, ns apyears by tho statomenta of thia Hiresu, whiflo the Canadian imports show but £3,235.987 ; the former num i, howaver, belloved fo bo' corrast, the ;l,fll!r.n:ohuvlnu ne‘u‘«; Qunhum b hnw ng;}n: '3': m‘u oxe mpany which convoyed £ apocia to Montreal; and vorifiod h; (hu\md!h\lg’nml. h 1t appears that during tho yoar onding Jano, :mim'u,‘ hicro woro exnorted fron! tho Unlted States to Bolghamt 17,381,003 gallons of refined potroloum, valued ot $h= 495,037, ‘Tha published trade statements of Belgium for o y:nr%&?) ( poriod of six montbs later) givo the imports Yor consumption into that country from alt Torelgn couutries as 19,018,000 kiloprammes of of} other thau for table xmv"'vn{hl‘d nt 14,080,001, or 4,380,« 000 gallous, valued st $2,093,000 (Unitod States snosse ‘uro and valuo), which, from the high price per gallo) wonild appear {o fucludo & considorablo amount of othier than potroloum, Tho amount of potroloum _nnd corn exportod from this country to Ircland is givon bolow fn the sccond column ; tho nmount imported into Ireland from all othor countries 1y shiown in tho first column,—oach for tho two yoars ended Juno 30, 1873 ¢ Indian corn, bushols, oxported feom tho ports of Chicago, Dotrolt, Mi ke, Port Huron, and Toledo to_tho Provinces of Quios bog'ond Ontarle, Dominfon of Oanads, during the fis~ cal yoar onding Juno 30, 1874 : GHIGAGO, TLL, uantiiy| DETROIT, MICH. Artictes. Sl it Quantity| Valus, Value, Tndiancora, bul 2,611,301 B, 25,00 Whoat, by , 804, 372 0, Wheatahe il # g e avos Othor br'dav'is| Total valug,.|... aritcten, | MIUWAUKER, WIA.[[FONT HUNGK, MiCL Quantity) Quéntity| Value, 187,77 «W}.m} X Whoatfi'r, B Othor br'da’ Tatal valu TOLEDO, O, Quantily | Valus. 1,438,867.8 768,031 4T, ¥75) Articles, Tndfan corn, by Whoat, bu' Wheat! Othorbrd: Total value. §1,533,517) 813,678,090 Out of 7,418,711 bu of Indian corn or mniza cxported to thio Provinces of Quobee, Ontarlo, and Manitobn for the fiacal year cnded Juno $0, 1873, 7,400,727 bt were oxportad from the porta of ‘Ghloao, Detroit, To- Jedo, and Port Lturon, to tho provinces named, Italso ‘appéara from tho Canndian statintlcal roports fhat dur« ing this period thero wero exported from tho Domine Jon of Canads to forolgn countrics 6,2§2,976 bu of In. glau cora, mot tho product of the Dominion ¢ hence 1% 18 farto fresmao that 1t was tho product of the United ates, ———— UNION PACIFIC RAILROAD, DEPORT OF THE GOVERNMENT DIRXCTORS TO THY 5 SECRETARY OF TAT INTERIOR, ‘Wasmnoroy, D. C., Dec. 14.—Tho Governs mont Directors of tho Union Pacifio Railroad have submitted thoir report to the Becrctavy of tho Intorior, The following compyises tho mort important portions of tho documen o the Zon, C. Delano, Secretary of the Iuterive: ‘Sin: I (o montl of Augnst Jut the Government Ditactors of tho Unlon Tachiia Raflrosd mado thely annual inspection of the entirs line of tho said roads Thio entite line afforded ovidence of Atoady end sub- stantial improvement, and of the conipiteuty aud faithfulness of iho Qencral Superintendent’s departs ment of the cervice, “Puo protection of thoroad now agatnat obstructions by sno hizs been carriud to siich & degreo of perieo: tion thiat impediments o the operativn of o lina from tliat catike will bo no greator, n the futurn, tuon mflll be nxvenlud onnny of the lines bolween Sulcago und New Yorls, EARNINOR AND EXPENSLS. Tho grom earnings of the Road for the year cudlng Junod0, 1874 ... Tor the your ending Jino30, 1i Incrossa for 1674 over 1673,...1-s0o.8 GI3A0501 Operating sxpanses for tho Yoar cuding DUnOIANTE e esinrerecsonny 3 5,112.400.20 Lesa eurpins infereat and principali. 4301100 S 5,00,780.11 Tor year ending June 30, 1673, $ 45970 Tncreaso of 1674 over 18T 91,7 Net fucome fur year endl 5,166,970.98 For vesr vrdiug Juna 10, 1373, . 3,005,603.5 Tncreass of 1810vcr 1813, 31,2754 In viow of the gencral d wton which fell upor {tha busiuess of tho conntry fullowing 1he panio of Sep fomiicr, 1670, the renults prosented by th carniugs of tho roult are gratifying., A& showing tho 610 uly increass of buslness and earns nga, wo may nsention that for tho snonths of July and ‘August, 1874 (roveriug 1o time from tho close of tha Jistal yenr to tho closo of our dwpection of tho roid), thio groso. caruinge weye §1,892,850.16, For tho same period {n 1813, &1 7L1,111.10, Lxcess dn favor of the o wonths of 1871, $168,447.38, Tho total expeuses for the said two ‘months FLO U e Tor sud mouths in 398,129.56 14,83 Decreaso in favor of 1674 80,24.65 Tiio nt earniugs for thu yer enditigt Juto 6, 197t being $5,156,870.59, by dedueting the Interoat on tha fivat smorigaga bouds (hich tho Compauy claint phould Lis done), Fd premium on gold ut 10 per cent, £1,797,« 642, wo find that tho cwoutt on vehieh the Governe At for tho yeur would bo catitied to & por cout in 59,4290, ¥ive por cent on,thia amountia $I01 TLANDS AND TOXDR. For the year onding Aug. 3t, 174, the Company sold of dls granted laud 26 38 uéres, at on avorage riee per aere of 13, making a totsl emonnt of s oF LA, GHL00, 0f whlei $13L,974.76 was paid in Cauiy tho batatico of $1,130,41,69 belug ovidencod by o contracty,” Thejorigiual issnc of land-grant bonds sms £10,400, 000, Aug, 31, 1074, thero hud heen retired $1,416.000, alanco of innd-graut bonds outstanding, 1,935,000, Total number of acres sold to Aug, l, 1874, 1,000,+ 040,90, "Futal procoeds of soles to that dato, cash snd time contracty, $4,91,613,63, "Ultis atatenient would Indicato Shab tho agricuitura} and grazing_ landa situatoin tho Stato of Nebraska, and fncluded fu tho grant {o the Gompany, will bo aufe Qcient o retire tho land-gront boads without regerd 10 the remainder of thegraut, Tl doea not include sny of tlho coul lands befonging to_tho Company, nor thoso ylelding irou, both clitscs being of great value, conativutiug u part f the grant.. During (he past yoar (ho Compeny g tanmod 8 er cent funding bonds to tho araount of $19,541 ho Jorger part of iheso Londs, to-wit: $10, , Luva eon used fn etirlng the 10 per cen? fucomo bonds, “Tlio incomo boudsssuod amounted to $,355,000, OF inconte bouds thers is yot outstauding, $388,000. TIE OMAUA DRIDGE. mho question whetlior oF not thio brigo crossing the Aissourd THlvor ot Omalia f8 n part of tho lino of tha Union Pacifo Htoed, sul 0 bo operated a3 il a mow in cotirso of determiuation by the Uniled Blates Olrs cuit Court for Towa, 'Thie cse of the United Blates on {10 relation of Ifalstal va, The Union Paciflo Railrosd presents o question, Tho cago haa been argued and submitted, and the doclsion of tho Court Wil bo xens dered ot thio May ferin for 1875, Tiio earuinga of tlio bridgo for thie yesr oading June 30, 1674, aftor doducting vxpenses, was $110,339,7, For tho year endlng Juno 0, 1674, tho Company carned ot Goverument account §189,031,26, Under thongtof , 1873, tho Government Tetning itio entiro smount, curiings o $is own husiness to apply tho Famo on thy e hasount which 1 holds agalust tho CompInY. LOOALIZED MANAGEMESNT. Wa do not hositate to renilirm tho opinion oxpreseed in former roporta_of the Governmcat Dircetors, that tho Union Paciflo Tiaflrond, wills a focalizod buuiness ‘managetneut, with proger and sufliciont power, cau b Thadle 10 meel all of the linbilitics which sesb upon lky mrx‘m}l_uulnvcry Jollar which tho Governmont lius iue Vested in i, An futeliigent judgment uron this great national work ias novor beeu pronoiineed by tho vountry. It construction way attcnded with thoughitices spplause, fhio cost was mot, counted nor carod for, the cnd way looked to anly, nnd over /ito touded to fnsure ything ! 1t was grected with im, aud spproved without dua consideration, “F'ho i opintonaf this stupendous work dorives o present oDIBION &oin dovelopmunts Bubsequent to its coutriotion, ‘ho “Oredit Aabilisr fuvestls tintion Svaa tiogwa overythfug, o Judgmont whick o o plotion fa ns wnsound n thiat Whicl nttoud= Lol eimiietion, - Tho worh bus substantist morts el canmob ho delested from oither of thee atands A localized misungemiont Wil support uaginont, tud_(his con bo hiod uitho olwtary uctlon of the Company, oc 5 ouoh rossomablo wnit pendent logislation at will b7 B violonco to 1o Compuny's chartered rightn, 3% ond 43 1t roachedy and oitr. reconuendatious Hiot approved aud enfurccd, either by tio Compuny ot 1y Comgrose, st the cago s nat e bad us, from ok Ionmiiry potnt of viok, tho couutry 1w seolin to ro it o baliova thal tho affaini of tha Compaty B30 Do B0 conducted timt overy dullar of tho Goveris Jhent investmont can bo returiied, ‘Tho point on whih o turn tho wholo cuso du & locatized managoment, T4o Teagons for ths position neod uot Lo stated b lopathy for thioy wuat bo solf-ovident to every corveot lutluiesi Tfudt, > For threa years past tho Govorpmest Direci~ ‘ors havo rocomuendod tho reform here Ldicated, Cuv

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