Chicago Daily Tribune Newspaper, January 7, 1875, Page 4

i TERMS OF THE TRIBUNE. RATPR OF SUBECRIPTION (FAVARIE 1S ADTARCE). Postuge Yrepnid at this Ofice b L,.v0 813, b BT e kes, be sore sad give Post. Ofiico sddress (n full, including Ktate and County. iemit:tances mag bamade eitberby dra(t, caproas, Post- Cice order, or in tegitered letter:, at onr risk, TERMS 10 CITY SUNECRIDERS, Dally, delivered, Eunday excented, 23 conts per werk Dully, deliversd, Suoday incinded, 30) canta por wook Addrers TILE TRIBUNE COMPANY, Cornor Madison and Dearborn-sta., Chicsgo, TiL o st TODAY'S AMUSEMENTS. Clark street, opppsite ‘Looa's Minstrels,” + Lo D, OPERA-HOT AP Se. Rolly aat.” LXY'S. THEATRE—-Randoloh atreet, betwsen oo At Loat o Tondon. CHIOAGO MUSRUM—Monros sicaot, hetwsen Deat: N 1) **The Dauhle Wedding " R e e Kventng, * Fasp O Du. b Halated streat, batwenn Mad- Aojoryy e ymeat of Miss Clars Aorrls. iy foa And Munroo.” Ko M'VICKKR'S THEATRE—HMadison strast, between d the Plow. " Dearborn and Hiats. Pl A SOCIETY MELTINGS. A LODG! o, 100, A. ¥, & A. M. meets teloek, at Orisntal 1all, d visiith Lrothroo cardially turlted. Bembars wad yel e GWELL, W. M. k. 87, Jomy, Soo'y, INESS NOTICES WR MEAN ALL WE SAY,-Full sof best gam tooth, 3 i monay rafundsd. Filliug. hrst.clas O (e CTual Yaton, NoCHGSNEY, 1 THIRD PAGK~City, Soburban, and state, Wants, To Houts, Bunrdlag and ¥. and Found, Liursos aud Carrisges, Ageuts ot GR-—-Al Thehar, el The Chirans Tribune, Thursdey Morntng, January 7, 1876. Mr, Warre, Republiean Senator from Cook, &id arrive in Springfield in time. His con- stituents will bo relieved by the news ; and the correspondents who have hinted at komo mysterious and dishonorable understanding between him and Hesivo will donbtless make tho proper corrections and apologies. Eight jurors were secured yesterday for tho trinl of Mr. TirTox's suit against Mr. Beremer. A womsn who hed foreed her way into tho court was put out, the general opinion being that she would neither bo edi- fied nor amused by the testimony likely to be given. Tho prerogativos of tho scx, as de- fined by the ‘‘advanced thought of the age,” were never more ruthlessly trampled under foot then in this instance. It will be seem, by a reference to our telegraphio columns, that the Republicans of Madison and Dane Counties, Wis.,, know what iy the matter with the party, and are determined to apply the corrective. They evidently regard it ns simply o question as to whether tho party shall go down or onc man be required to “step down and out.” They wisely demand the latter. Trom all we can learn, the sentiment of the Repub- licans of Dane County is that of tho Repub- licans of tho entire Stato, There is good resson to believe that the dispatch which appeared in this paper last Saturday morning, and which pretended to give information of an Indian raid on the Town of Vinita, Kan,, was o gross perversion of the facts, It camo to us from what wo supposed was o relinblo source, end was printed in good faith, Tur Trinust hay seldom occasion to apologize for the publica- tion of falso or sensationsl nows; and when it is compelled to do g0, as in this ease, it ex- pects the consideration and forbearance of ita renders. The Senate Finance bill will be the special order in the House to-day. Two amendents will bo offered nnd voted on. These amend- ments, if adopted, will strike out those por- tions of the bill which provide for sil- ver resumption; nand, further, re- quire the Becretary of the Treasury to ecancel tho greenbacks which may bo retired. No onme would welcomo the pnssage of abill with this provision in it more heartily than Tue Trimuyz, But we vory much fear thatthe only result of at- tempting so mach will be to undo tho very little which the Senate Las accomplished. Any speculations as to the fate of the bill are now, of course, worthless, Thero is not a man in Washington, wo venture to say, who koows what the outcome will bo. In the organization of the Democratic party of this State last fall, Mr. H. B, (** Buffalo”) Mirrz, County Treasurer, was placed on the ftate Central Committee 88 one of the Cook County members, Mr. Mitren had been a prominent Republican for many years, but ncted with the ‘* People's Party * when it was orgonized on an anti-Prohibition and anti. Sabbatarian basis. But Mr. Miier never contemplated goinginto the Democratic party, und not long since Lo resigned o8 a member of the State Central Committce. This is the renson his name is not appended to the bom- bostic slush which that body of old Dourbons issued in Bpringfield yos. terday, As between the Republican party and the hard-shell, last-ditch, Ku-Klux Democracy, Mr. Mmies nover hesitated .onemoment. He regards the question whicl brought the * Paople's Party " into existence in Clicago as definitely scttled for all time, and he now returns to the fold where ho properly belongs. He believes, and so do we, that the great majority of tho German voters, like bimuelt, will rofuse to be led into the Democratic party by 3r. Hesina ; for, like himselt, they never agreod nor intended to go there. Mr., Miniew's prompt and hesrty declaration against the mischievous efiort to tranafer the ** People's Party ” voters over to the Democrats will be the means of inducing many of his German-American fellow.citi- zens to return to their old political allegiance, 1t therawere an election to-day, threo-fourths of the Germans of Cook County would vote the Republican ticket, The Chicago produce markets wers tame Yesterdny, except provisions, Mcss pork was moderately active, and 7 1.2@100 per brl higher, closing dull at $18.50 cash, and $19,05 @19.07 1.2 seller February, Lard was in folr demand, and 5o per 100 1bs higher, closing at $18.22 1.3 cash, end §18.40 for February, Meats were less active and firm at 6 5-8@ 6 8-4c for shoulders, 9 6.8 for short ribs, and 100 for short clear. Dressed hogs were dull and lower, at §7,7026.10 per 100 tbs, High- ‘Wwinoe were twere active, and 1c lower, at Ule per gallon. Flour was dull and unchanged. ‘Wheat was less active, with littlo chauge in prices, closing at 89 3-8¢ cash, and 90 1.40 seller Fobruary, Corn was dull and steady, alosing weak at G5c cash, and 71 8-8¢ seller May, Oats wure quict and 140 lower, clos- ing at 52 1-2¢ cagh, and 62 8-4¢ for February. Tyo was dull and unscttled, at 95@96 i-2c. Barley was quiet and 1-2¢ higher, closing at 21,23 cash and &1.24 1.2 seller February. Hogs were active and steady, ot i#6.25@7. 40, Cattle were quiot and easy. Sheep netive and firm, The Pacific Mail scandal hns lately been dwarfed by the Louisiana acandal, but it is still very good-sized, and will some time, no doubt, ocenpy o place in history far more considerable than will be given to nny of the ovents that hnve recently transpired. The developments yesterday wero probably as in- teresting ns any that have yot boen mado. The witness Inwix waa presenied nt tho bar of the Ifouso for contempt. 1Ile was asked to give the names of tho persons whom he employed to procure the subsidy, and also to state tho largest amount paid to any one agent. Ho nbsolutely refused to nu- swer the first question, but the seccond he met bravely and well He said tho largest amount paid to any one person was $275,000. This answer, the Associnted Press reports, made a gront senste tion in the House, Wao should think it might. Two hundred and seventy-five thousand dol- lars iy just the sum which has been trnced to the Democratic Congressman from Brooklyn, Mr. J. G, Scaumagen, Inwiy waa held in contempt for refusing to answor the firat question, and wns sent to the common jail of the District. Gen. BuERIDAN'S recommendation as to the course Congress and the Prosident shenld pursue in tho troatinent of Louisionn, Missis. sippi, and Alabume, meets with mo encour- agement anywhere, ** Thero is no probabili- ty,” says nu Associnted Press dispasel, * that the President will issue such n proclamation 03 Gen, Suerivay desires;” and Congress scems to be just as little inclined to pass the laws he asks for, Tho Generals rensons for advising a declarationof martial law are far more obnoxious to tho people of New Orleans and Southorners gencrally than the edviee itself. Thoy can suffer with pa- tience, if mot with equanimity, the prospect of military rule; Lut to Dbe stigmatized as “banditti” and ‘*assas. sins” is too mnch for their en- darance. Public sentiment in New Orlenns, s well among Republicans as atnong Demo- crats, strongly condemns the dispateh, Tho feeling at the North, too, so far asit is ex- pressed, i in the same direation. Judge Hoax said yesterday in Congress that the ad- vice was bad. So we thiuk, Gen. Snentpay hasmade a mistake, He has been hastyand in- judicious: (1) In recommending nline of ne- tion in advance of the report which the Sclect Commitees of Congress will muke; (2) in basing his own opinions almost cntirely upon hearsny, somo of which is nat of the most trustworthy kind. It will be cbserved, for instance, that ho recommends the inclusion of Vicksburg in his satrapey. How can ho krow that Vicksburg deservesauch treatment, when the Congressional Comumittee, now sit- ting there, has not learned so much? Dut, when all this has been said, we must ndd that Gon. Suenrpay is, so far 0s anybody has dis- covered, thoroughly honest, Nothing worse enn be imputed to him than indiseretion and ba? judgment. THE LOUISIANA CASE IN CONGRESS, ‘The debato in Congress on Tuesday on the Louisiana coso was marked by a bitterness that partook largely of tho imlense feeling provailing at Now Orleans. This debote shows where this whole Louisiana controversy is leading the country, and exhibits the erim- inal folly of Congress in not acting upon the President's repeated and urgent appeal for a legislative settlement of it. Eho Democrats in Congress confined themselves to a blank denuncistion of ‘*military interference,” In no caso did they veniure to approve or justify Wirtz'srevolutionary conduct ; they exploded their wrath upon the President and Gen. Surmpan for military interference. On the Republican side thero was a general ap- proval of tho suppression of WiLtz's rovolutionary rnd usurping proceedings, and, asthe actual military interference was con- fined to that nct, there was no occasion to justify anything beyond, Tho attempt to confound what was setuslly done with Surnr- paN's recommendation of a Congressional declaration of outlawry, and the placing of three Btates under martial law, was a failure. That recommendation of the General was a hasty one,~made in tho very centre of the intenss excitement, and upon the uncertain sources of information which can bo consulted at such times, It is likely that he lyv; been misinformed, and that, sur. rounded by those who take counsel from their wishes or their fears, he has received an exaggerated view of the dangers and of the necessities of tho case. At oll events, his rec- ommendations have not been approved by Congress nor by the Presidont, and are uot 10w in issue, The question has now been brought di- rectly before Congress, and that body cannot afford to jeopardizo tho peace -of the country by any further posiponcment of a final sottlement of the wholo question. Thero sicoms to be a necessity at this time for some measure such a3 was proposed by Scnator CanrentER two yoars ago, and that is the sotting snide of {he fraudulent clections of 1872, claimed by both factions, and the hold- ing of a new election throughout for Gover- nor and 8tate officers, and for Legislaturo; this clection to be held under the supervision of such persons as may be designated for that purpose by the act of Congress. A freo, fair election, with the returns canvassed and the result declared by » disinterested and independent officer, would give euch a result as would bo whole country as flnal, and would of necessity removo every pretoxt for disafec. tion on both sides in Louisiann. The coun- try is tived of this Louisiana civil war, Tho 1ajority of the people there have the same right to rule us bave the mnjority elsewhere, and when tho Statoe is in civil war, when there are two Btule Governments cach claiming to bo,the duly elccted one, and when each, with great show of trath, charges tho other with fraud, intimidation and, corruption, there is no solution of the difiiculty so reasonable and so appropriate as to havo a new election, freo of the control of either faction, and freo of all suspicion of fraud, aud let the peoplo of the Btate, who alone ought to decide, choose thoir own officers, Had this been done in 1873, immediatcly after the showmeful pro. ceedingy of December, 1872, thero would have been peace in Louisiana. The only way to provide a speedy and ef- foctual settlement of this Loulsiana question 6eems to us to be by holding a new election, under the official supervision of men inno ‘wise connected with tho present difticulties, who will scoure an honest sud free expression of the publio will. We are glud to lvarn by tho disputches to-duy that thiz opiuion is shared both by President Grant aud by the TRopublican leadora in Congress. My, Havnz, sccepted by the: THE CHICAGO DAILY TRIBUNE: THURSDAY, — e ————— of Maine, actually introduced in the ITouss yesterday n resolution instructing the Judi. ciary Committes to prepare a bill providing for a new clection; and it is eaid that the Tresident will soon send to Caagress a spa dinl tensngs in which he will urgently ndviso the possage of snch o hill, or tho adop. tion of monsures to sustain him in tho recognition and protection of the Kenuasa CGoverument. By the result of an election leld under the supervision of Congiess oll parties will abide, If, howe'rer, Congress shall in 1876, as it did in 1473, adjourn withont closing up this misers blo oaud disgraceful cifil war, it will leave to the country a legacy of strife, discontent, and bloodshed, which will extend to othor Staies. The country dem'snds peace, and has a right to insist that Conigress shall provide for t hat peace iu some legilimate mauner consist ent with the principles of free government. ——— DISBOLUTION OF THE PEOPLE'S PARTY'. Tho pending negotiations between 1 ir. Hesrsa and the Democracy, in pursuancs of which the fornier covenants to hand over ‘the German vote of this city to the Intter, are -not meeting with that degreo of success which wag expected on both sides, Tho Germ:wms went into the People's Pasty movement with the understarding that it was to be an or- ganization mado up of the best elements of tho two old parties, and they were ready to worlk with it, not only to protcet themselyes against illiberal sumptuous legtislation and cio~ fend their natural rights, but nlsa to starap out tho corruptions of the old parties, mad place lonest men in office. Now, howovi:s, when they have no alternativo presentcd them except to join tho Republican or tiec Democratic party, they will choosa the former. Mr, 1lesiNe may deliver himself and a littlo clique of ollice-soekers who fanuy they can win in tho noxt clection under tho Democratic banuer and got some of the spoils, but he cannot deliver the mnssns of tha German people to the Democ- racy. They have mnothing in comment with the Bourbons, and, now that they sco the German-Irish union used for Domocratic purposies, tho unuatural alli- anca will fall in pizces like n ropo of sanil. As will bo seen by an nunouncement elses where, Mr. II. ¥. Mmzes, the County Tronsurer, one of tho old Republiean war- liorses, who went into this movement in good faith, ond who las done a3 great work for it, has abandoned it at tho very firsl show- ing of the cloven foot of the Demoeracy, nnd returned t> tho ranks of the Repub- licans, He 18 ome item in the trade which Mr, Hesrvo will fail to deliver, and his defection will be the signnl for thousands of others to follbw him and return to their own camp, preprred onco more to fight their old cnemy und i tho old {lag. The Neus Freie- Presse, which, ns will bo remembered, was for a long timo the afternoon German orgnn of the Panple's Party, is doing as great work ia exposing the bold scheme of Ilesrve and Lmn to Democratize the Germans. We make the following extract from one of its recent issues, which clenrly indicates the drift of German sontiment : Now thnt the leaders of the Paople's Party have publicly boisted the Democratic Lanncr, they may draw tho Anglo-American Democrats fulo their ranks, but they nover can indueo tho muajority of the Ger= imau-Atovrican Liberals and Ropublicans to become Desnocrals, Wnat tha Liberal German-Americane desired was the foundation of anow party, embracing the best olo- mentu of tho twoold parties, with which they wers veady and resolved to work, but they aro as littlo dis- posed as Canr €cnunz to rush over, bag and hag- #ge, into the camp of the Democracy, Soma office- hungry politiclans may do 1, but very fow of tha Ger- wan-Amarican Liberals wilt follow them. hat wo havo aald of the Liberals applios with stilt stronger force fo ths German Rejublleins, who were obliged to unite with the Zrish for tho overthrowing of coercivo Sunday lawe, but, since tha recent candalous duvelopments in tha Ccuncil and Cousty Board, are ot disposed o continuo in tho * unholy alliance,” expensa of the christering, While they may give thelr corrupt People's 'urty a new name, they cannot turn this political changeling lnta n healthy child, AN OLD FALL/CY ABOUT AN OLD JOB. Tho St. Paul Pioneer, thoe Democratic or- gon of Minnesola, is rohashing the worn-out arguments for enbsidy logislation with an in- dustry which sriggests tho suspicion that its owners own tlso a ot of paper stamped ** Northern Pecific,” Tts Intest cffort is this: Tho fodebted:ces of the country s fabulous, but our danger doea uot He 5o much {n its oxtent a8 upon our want of sbilitytopay. Our statcamon must seo to 1t that our mixeral and sgricultursl wealth Is placed within the reasli of the thousands of willing but now idle bands,~tbat they ‘may develop it,—and thus no only increase our ability to pay, but enable us to pro- duco more ‘tisn wo consume, and thua gite us the meany, at on early dav, of resuming speclo payments, and placing the Government upon a par with its peors in eredit and reapedi. How can this better be dono than by pruvidiug clzeap and easy acces to the untold millions of dormnt wealth {n our Westorn Terrl- torica by the building of the Northern Pucific Rall- TORd 7 "This is n novel view of the dutics of states- men. It suggests the picture of the body of Western Congressmen lngging picces of oro and boxes of dirt to the East in order to put these sources of minernl and agricultural wealth *within the reech of the thousends of honds" which want to work. Seriously, howover, this argument amounts to may- ing that wo ought to pledgo our credit asn nation, spout it in the shape of bonds, aud raise 120,000,000 to bo sunk in construeling o uscless railrond. We are asked to withdraw this enormous sum from productive industry, where it is now invested, and consume it un- productively in laying miles of track through uninhghited wildernesses, for tho snow to fall on und n semi-occasiona! train to crawl over. This would be to invite bankruptey. A commercial crisis {8 caused by the destruc- tion of capital. The panio of 1873 was the fruit of the destruction of capital in the con. struction of uscless roilronds, and this very Navthern Pacific was one of the causes of it. ‘Tho country ix still suffering from its effects, and now wo ave gravely aaked to clear the way for another crash by sinking a good pari of the capital wo hove left in other useless railroads, It will do us no good to hava tho erid and frost-bitVen plains thvough which tho Northern Paciflo has been swvoyed peo- pled with n scanty fringe of settlements, Our population is alrendy so muoh dispersed that it coss moro than half the valus of the crop to convey it to market. Tho fow spears of grain which might cometo maturity undur the harsh skica of owr north- ern frontler, if they were mocu than suflleiont to feed the neighboring hamlets, could not Lo carried to g, morket, Alrendy tho ' farmers in tho farthw: zone of cultivation find it difienlt tosell their crops for enough to cover the combiawl cost of production and transporta- tion, YVhat could farmers n thousand miles furthor to the west hope to do? 'L'lo exist- euca a! mineral wealth in paying quantities in Wy Lelt of fur distaut country is prob. lerantical. If it doos exist there, capitl —aud thercforo labor—can Lo used to far better advantago in Qcicliping tno mines of tho ccutral belt than i siest ‘bw'lding o rond to tho northern deposits und than digying them out during the fow mounths ' of. cnch vear in which the climate would p- = mit mining. The sum of the whole matteris this: Tho great need of this country at pros- ent isto ncenmulate ngnin the eapital lost and sunk up to 1874 {n unproduetive specu- Intion. 'The Northern Pacific job proposes to destroy 3120,000,000 of the capital we have left, nnd interest for forty yenrs on this sum. "I'ioso who are urging this schema of spolin- tion on Congress are theso who expect to have the handling of tho money; they aro jobbers und speculators, contractors and stock-gamblers, and the wholo venal tribo who live by plunder and the division of sub- sidy spoils. 8T. LOUIS AND CHICAGO, According o the Bt. Louis Demoerat, tha growth and [roperliy of b Touls durlug ho last sear los thrown Chicago fnto tho abnade, \While the lalter has during ihat perfod erected 537 bulldinge, costing former han erected 1,090 ulltinge, Meanwhile, Chicago shows anng- Touso Lusiiess of onty $1,101,347,- 0 of anly $34,000,000,—about & per cent over st year,—while Bt, whows an aggro- B, gate Clearing-oune busfuess of $1,215,937,857, an fn- creano over list_year of $113,000,00), or Gver 10 per cent, Chivago niat ilo bottot thi that, or ber loast. e wpremary wiil soon bo lost, and her glory departed torever,—ilufjitio Kxprese. This item containg two crrors of great magnitude, The first is in supposing that only 757 buildings were erected in Chicago in 1874. This was tho number of brick and stone buildings, Between 3,000 and 4,000 wooden buildings were constructed outside of tho former fire limits previous to the extension of the limits in August last to embraco the wholo city. The whole num- ber of buildings erected in Chicngo during the yeer was about 4,850, Will the Eirpres have tho fnirness to stato the cxplanation here given ? In regard to the comperison of Clearing- Tlouse business, we have repentedly explained the deceptive manner in which the clearings of the Kt. Lowis bnuks ure reported; but wo will give the ecxplanation onco more Mr, Hesmva and his easoclates may aa well ave the ; for the benefit of the Lirpress. As is well known to bankers, the clearings of the banks for any given dny or year aro the sum of tho checks presented through i the Clearing-Touso by its members agoinst each other. During the day, each bank re- ccives a number of checks from its customn- ers, drawn ngainst other bonks, In the in- fancy of bauking ench institution sent its porter to each individunl bank to demend payment of these checks, This tedious process is now replaced by the ensy machinery of the Clearing-Ilouse. Each morning tho banks send to the Clearing- Houso the checks of other banks received Ly them the previous dny payable by other bauks. Agninst theso are set off all the checks pnyablo by it prescnted by the other banks, If there is a balance, it i3 payable in money, It will bo at once understood that tho sheet of the Clearing-House for the day will have two sides,—on one, the checks presented by the banks; on the other, the checks presented against the banks, The two mast be equal, for they are the sumsof the snme checks viewed alternntely os debit and credit, The trick of the St. Louis Clearing- House is simply that they return the sum of the two columns as clearings. They connt each check twice; once when charged to the credit of the brok that sends it to the Clear- ing-Tlouso; ngain when charged to the debit of tho bank by which it is payable, By this simpla dovico the clearings are made to ap- penr double thar real talwe. Tho Chicago Clearing-Houso returns as clearings only the sum of the checks brought in by its members ngninst the other banks. It does not add in the samo checks when they reappear on the othor side of tho nccount charged against the Dbanks by which payable. If Chicsgo clenr- ings woro cstimated ns the St. Louis clenrings aro coleulated, they would amonnt, for lnst yonr, to §2,202,695,836; considerably over- topping the $1,215,924,857 of the doubled St. T.ouis clearings, If the St. Louis clenrings were propetly returned like these of Chi- cago's, the comparison for last year would be: ’ Ohteago, 8, Lou 101,047,010 & 8 Differenco in favor of Chicago.......$ 493,380,490 St. Louis is the only city in the country, and we believe the only one of its size in tho world, whero the clearings nre dished up in this duplieate and misleading style. Itisan attempt to obtain by figuring a commercial position that its business does not entitle it, to. Itisa familiar saying that figures nover lio; it is only too plain that figures some- times do. AMERICAN RAILWAY-BONDS ABROAD, The Anglo-American 1imes of London accepts the cxplanation which Tre Trisuxe medo a8 to the character of tho American reilway schemes which swindled foreign capitalists, but it is still inclined to think that some groater mensures of precaution should be established to protect foreign capi- talists in the future. We think so too, But this i4 n thing which capitalists must provido for themsclves. Every railroad enterprise which deccived foreign eapitalists wrought much greater havoo among our own people. Infact, the deceptions practiced in this country wero of amorenggravated character thanthoso practicedabroad. 'The speculatorsinvadedthe States, and even organized raids upon the Genoral Government, Having obtained the guorantee of tho National Govermment in somo cages, national grants of lands in oth- erg, and municipal and State subsidies, they have been played upon the patrotism of the citizens and, upon falso pledges, secured subseriptions to worthless stock. Following theso proceedings they have then conatructed thelr rallronds on the Credit-Mobilier system, undjer which the railroads aro made to repro- seaba coat of twice, thrico, or quadraple their nctunl valuo. To the Wall street and “Lombard street capitalists they have held out inducements which of themsolves ought to have forowarnod their victins, When fivst- mortgagoe bonds are offered at 50, or G0, or 70 centa on the dol- lar, thero I8 prima juo'e evilence of a contemplated swindle somewhors. No hon. est and prosperous fiunneiad venture con afe ford to borrow money at 30 or 40 percent dis- count in addition to a largo interest, 'The greed of the New York, London, and Frank. fort capitalists is, to some extent, accountable for their misfortuncs, An offort st self-protection has already Leen started in Europo undor the name of the Council of Forcign Bondholders, Wedo not konow what systemn that Council proposes, but we should not think it difiicult to estub. lish burenus of correspondence everywhere they requive information. In some cases they mey find it advisablo to send special omisdariey, as the German copitalists did in tho matter of the Northern Puclie Railway, whose report wmdy bo of a3 much ovalue in our own country os abroad. It I8 in tho intorest of American imilways and all other enterprises in this couutry thet foreign capital invested “with us be protected. lut, while our lawa are mot ko severs a those of Eurapenn coun- trics, wo kuow that they have not been sue- cussful in probibiting financial swindles woong themeclves; they can scarcely expoct JANUARY 7. 1875, that wo shnll protect them from frauds originnted here, but really earried out whero the money is rnised. We sincerely hopo that the Comneil of Forvign Bondholders will be- como n permanent and influential institation, 1t has n wide field of usefulnosa hefore it. Its iuvestigntions may not only protect for- eign eapital from swindles, but will do much toward tho promotion of meritorions enter- prisen in this conntry which wonld otherwise suffer abroad on account of past deceptions. THE ERIE CARAL, We print elsewhere that portion of Gov. T1t.- pen's mesyage which s devoted to the themo of the Now York canals, It is marked by aconservative wisdom.which in parts de- generates into conservatism alone, Mr, Tir- pEN saysthat the Erie Canal is a trust which the State nimst maintain with care. Mo dis- courages any nttempt to enlarge it in such o way that lake eraft could voynge in it, be- cause tho change wonld bo too radieal. It is adapted for boats of different shapo and far less wizo, ‘Tho two styles of craft cannot use thoe same body of water. Mr, ‘FrLony wishes to lave the present arrange- ments of the cnnal maintained and perfeeted. One important reform has olrendy been begun. At the opening of navigation next year, there will be double locks throughout the whole length. This will nenrly double the eapacity to mnke lock- nges, Tho ecarrying eapncity of the ‘canal will then be threo or four times the largest tonnage (2,917,004 tons) yet transported. There is no need, then, the Governor argues, to further incrense tho capacity, except to clean it ont to ita full depth of 7 feet, which in many places do not now exceed 6 feot. 'The thing to do is to reduce the cost of carringe, or, in other words, to quicken travsportation. Changes in the locks will not do this. DBonts spend over 95 per, cent, he says, of their voysge-timo on the water-way and less than & per etnt of it in the locks, Means must bo found to in- creaso the speed on the water-way, To do this, & clear 7 feet of water must be obtained. The canal is choked with sediment and wi ings, which should be dredged out. If this is done, steam caunl-boats can be run with enso at # miles on hour, against 1 1-2 miles, which is the speed of horse-towed boats, and thus, nccording to ofiicial estimates, the cost of cerrying n bushel of whent from Buffulo to Now York can bo cut down from 8 to 4 cents, or one-half the prescnt expense, ‘The point in the message which will pro- volto most criticisin in the West is the declara- tion that it would probably bo unwise to re- duce the Erie tolls, because 'tha revenue they yield is needed to make improvements, This is dubious doctrine, A reduction in the tolls would probably swell the volume of business g0 greatly that the net incomo of the eanal would be greater than ever. Morcover, if the present revenuo has hitherto maintained, be- sides the Erie, n dozen useless lateral ditches, nnd if no sweeping improvementa aro now to be made, why does New York need to squeeze ns many ducats out of its ¢ trust " herenfter 08 it has heretofore? The West, which pays the tolls, would like to know. THE DEMOORATIC BEWGAG. The Democrats of Ilinois have a sort of brass band which they trot out at long inter- vals, and which is called the ‘*‘State Contral Committes.” Tho row ot New Orleans has furnished the oceasion for an annonncoment by this band that it would give a voeal and instrumental entertainment at Springfield, and eatound the Grangers, the Farmers, aud the Independents by proclaiming tho griefs of the Democratio revolutionists, Wae do not know who wrote the call for this meeting, but it is oharacteristic of the Domocratic porty, which has been for years calling upon the people to ‘‘sound the tocsin,” and informing them that *Danger is nabroad in the land,” and warningly appealing to them to ‘*Awake! arige, or be forever follen,” Tlte peoplo of Illinois have heard this stulfso often that it conses oven to amuse, There ison record a long line of proclama- tions by Democratic Governors, warning the United States tomarchno Federal soldier upon the '“sacred soil of a sovereign State.” The Democracy appealed then to the people to * rige up in their majosty” and put down the usurpers, The history of the last fourteen yenrs hos been a succossion of Detmocratic protests againat the ** usurpations of the Fed- oral Government,” and of Democratic appeels to the indignation of the ** outraged sovercign States.” Wo romembor that a fow years ago, when GraNT was befora Vicksburg, and Jerr Davis was warning the Union army away from before Richmond, the Democratic State Central Committes of Illinois called 'n mass- convention of tho peoplo at Springficld to protest against the ** military usurpations ” of the United States Government, and this Con- vention domanded the immedinte cossation of the War, which was reducing the people of twelve sovercign States to ** slavery.” Now tho Democrats of Tilinois have & special object in view. Their leaders are at Springfield trying to negotiate & union of all the various factions of the opposition within the Domocratio party, and this row at New Orleauns was used as & more pretext for mak- ing a little chenp political capital on which to trado in scouring the organization of the Legidlaturo to the Domoocrats, That iy all it means, The presumption is that the signers of the call did not at any time suppose it pos. gible to hold much of an indignation mest- ing in Springfleld; if they did think so, they wero not long in discovering their blunder, No mesting was held. The project was abandoned Lofore it had fairly taken shape, Early yesterday morning the Democratic lendors about tho Stats-House -announced that they would not be able to spare time from tho caucuses ovon to vindicate the blessed rights of the people of Loulsiana, coucerning which, only the night previous, thoy wera in such o fume and fury, We do not know how there could be a more com- plete confession of tho partisan character and pusposes of the call than was made by the poatponement of its avowed dosigus for the sake of comploting caucus arrangements. Hod the Ropublicans of the Legislature yosterday by force placed Curroxt in the Spoaker’s chalr, then declared a dozen Re- publican claimants for seats in the Legisla- ture in place of a5 many men really elocted by tho Demoorats, and with this mob thus constituted undertakon to run the Legislature of Illinols, this vory Democratic State Central Commiittee would have been howling for Federal troops to clear out the msurpers, and rostore the control of the Legislaturo to the mun certified by the Becretary of State to have been duly eleoted. In this very case at Now Orloans, tho military wore flrs¢ ju- vited into the Legislative Hall by the Demo- crats, under tho pretenso that they were ofraid of the police! When tho Domocrats had forced Wirtz, by & confossedly revolu- tionary proceediug, into the Spouker’s chiir, refusing to permit a voto to bo tuken, and then doclarud five Democrats whe lad no ceftificates of electlon to be members, and theu by this mob undertook with knives and revolvers to compel the Republicans to remain in tho hall and assent to the proceedings, the Governor dill what Gov, Bevemor in fike ciroumatancos shonld do at Springficll,— ordered the removal from tho hsll of all per- sons not haviug certifieates of election, leav- ing tho 106 members duly cleoted to decide alt matters for themselves free of dictation by tho mobi or the nsurpers. 1ad theso rov- olutionists in Lonisiana been Republicans, then the Democracy from Maine to Californin wonld have iusisted wpon (Gen, Emonv inter- posing the * Federal bayonets " to vestore the Legislative Tall to the exclusivo custody of the lawful members, The State Central Commit- tee of the Demoeratic pnrty of Illinois hng simply repeated its exploit of making itsclf ridiculous. THE NEW YORK DEMOCRA® »' JAMBOREE, "I'e Democracy, elated - the results of the November cloction and dazed by the un- usual sight of Domocratic Governors and Congressmen stepping into powdr, have ex- pressed their feelings in a grand jamboree, which took the form of a recont recoption at the Manhattan Club, New York, to the Governor-clect of that Stato and the Mayor- cleot of New York City. For some ycars past the dinners of the Deniogracy hove begn wainly made up of funeral-baked meats or a mournful feast at mome cross ronds’ tavern, where the nnnual routine discomfituro of tho party was nlluded to in terms of condolence and regret, and the menu way confined to sparso but strong eating and drinking, Upon this acen- sion, however, the Domocracy roveled in salads and fillets, nnd grow roystoring over Rocderer and Monopole, and ato and drank with appetites inordinately sharpened by their long years of waiting. Avcust Bri- MoxT, banker and bugler, who has summoned the Democratic hosts so mauy times to glory or the grave, principally to tho Intter locality, prosided with the suave grace and oily gamn- mon of Mr. Prcrwick, literally crammed himn- self with the glorics of the Democratic victory, and, touching himsclf off, fizzed in a briof blazo of brillianey. Tho gathering of guests, which included all the Domocratic notabilitios oxcept Mr. Tweep, who sent rogrots, among thom Seuators, Ropresenta- tives, Governors, Mayors, editors, political small fry and rif-raff, followol the oxample of the Chairman, and touched thomselves off, resulting in quito a shower off Domo- cratic pyrotechuics snd display of fizz and splnttor. The Democratic victory waa rolled under their tongues like o swoot morsal, Mr, BeLuwoxT took a bird's-eye view of the Cabi- not Ministers, forcigu Ministers, Postmasters, ete., which would have to be appointed in 1876, Mayor Wicrmaxt plumed bimngelf upon tho Democratic victory, Gov. BEpLE, of Now Jersey, made some allusions tothe Democratic victory, and announced his intention to go up- ward and onward in the lino of destiny. Gov. Iacensorn, of Connecticut, boasted himself over tho great and glorious victory, and stood ready to bring tho country back to the old landmarks of State Sovereignty, Ex- Gov., Horraan made somo allusions to the overwvhelming and brilliant victory won by the old Demoerncy, Gov. Pamker inquired, “ Dinng ye hear tho slogan?" Congressman Tansox eulogized tho oriflamme of Democ- racy, made somo sllusions to its shibboleth, and aouounced Lis determination to make the tomplo of the Demoeracy so pure that immortal upirits could dwell in it. Adjectives were flung about as thickly as wine-corks. And thus the war-horses kept up their proucing until o lato hour, Tho Democratio victory was tho inspiration of the evening, and under this inspiration all the old Bourbon war-cries were shricked, the trumpots were blown, the banners were cleaned and shaken out to the breeze, the roosters crowed, war- whoops were sounded, tho Bourbon phalanx- es weroe maorshaled and put through their paces. Rarely has the American Eagle looked down upon such an extraordinary sceno of political hilarity or the Star-Spangled Ban- ner waved over a more jubilant assortiment of bibulous, maudlin patriots. It did not ocour to any of the elated ora- tors, however, to mention the fact that this vietory was not altogether a Democratio vic- tory, and that but for the help of tens of thousands of Republicans thers would have been no victory. It did not occur to them that 500,000 Tepublican votos showcred into tho Domacratio ballot-boxes and elected Demo- crats, and that these votes wero not cast by menwho intended to permanently nct with that party, but who voted to defeat certain bad men in theie own party, and to chastise the loaders for certain things thoy had done or neglected todo. It did not occurto these Bourbons, in making jocnlar allusions to tho defeat of Durnes, that but for the Repub- licans Botres would nothave boen defeated at all, Their victory soems to havo o dazzled them that they were unable to read the logio of the November clections. They were too short-sighted to sce beyond the current record of events,—too excited over an ideal victory to apprecinte the fact that in No- vember the Republican party, which had saved tho country, appliod the Leroic remedy to uave itself from the dissolution which was sure to result sooner or latey from the offects of corruption, Tho time is not far off when the emptiness of the Demacratic victory will be wmade apparent to the most short-sighted of the Manhattan Club patriots, The following is tho expression of Domo- cratio authority on tho subject of re-electing Scuunz to the United States Benate from Misgous]. 'The extract g from the Cincin. natl Enguirer, the Bourbon organ of Ohio: Tho New York Evening Post, under tho head of **'I'he Missourl ‘ToucilsTosE,” Bayw: ‘The Benatorial eloction, which will occur within » fow weeky In Missourl, {8 assuniing national wignlg- cunce, Brlelly, tho wannor iu which the Democratio majority fu tho Legislature of that Btate doal with Beualoy Kerunz es a caudidote for ro-clection will go faF 0 atiract or repel the Lzif u milliou ur ok votors whose eutire dotacament from the Hopublican party, A0 1ot thelr yortive uttiliation witls the Duwocrale, 1 noceavury 10 a Derocratlo succews {n 1578, ‘This is all bosh, Benator Benuuz, of Missourd, it da true, reluctautly supvortod tho tioxos of tugerey und Boowx in 1872, Dot in 1874, go- ing back upon bis sction, he votod and worked #raint the Domocratio ticket, aud for the Adutn- iviration organization 1n ls Siate. Boiwg beate en, wo shauld hke to kuow whut clains Lo has apon the Dewmocratic party ? Dut thero is an- uther and more concluxive renwon why Bcuuuz should not be reiurucd. o isin favor of the bard-money-currency-contraction plan, whica is opposed to the bost iuterests of the peaple of Missourl. If ho wore o Democrat advaucing that doctiine be could nov und would uut be re- turnod ; thorefore Lis rejection argues nothing agaiwst the ILiboral-Republican party of the West, which miso opposes lum upon o funda- montal principle. Now this is a formal notice that the Demo- cratio party does not want Canw Bouusz, nor ony man of his way of thinking. Wo Lave no doubt that Mr. Souvrz will cheorfully ac- copt this notice; indeed, we doubt whother he has over vegarded himself as a member of the Dewmocratio party. But the Enguirer's words have 'atill more significance, They aro likewise a motico to all men who admire Mr, Besunz's statesmanship, and who sympathize with Lis hard-money views, that thoy are mpot wauted in the Demooratly ranks, Thly excludes th balf million Republicnn voters referred to by the New York Kecning Port, who mnde up the Democratic majoritics of lnat fall. We have no doubt the fZnquirer in entirely sincers in its expressions, aud that it honestly reproe sents the average Demoernlic sentimens, Will the Republicans who acted with the Democratic party last fall under misappra henslon plenso take notice ? —————e THE PREVENTION OF PAUPERIEM. A gontlenan living in Elberfeldt, a wann facturing town on tho Rhine, near Cololyne, devised, twenty years ago, & plan for the relief of the poor of that municipality whicl differs from most mensures of relief in that it has prevented, instead of promoting, pau. perism, Usually the appotito for charity grows with what it feeds upon, Now York City found this Jamentably truo, Inst winter, when tho tremendous offorts mado there to reliove the intense suffering among the persons thrown out of work by the ponic of 1873 resulted in & tre. mendons ineresse of would-bo reciplents of rolief. Professional beggars, lured by the promiso of freo sheltor and free food, flocked into tho city, The oharitable organizations wero swaniped, A slight investigation, une dortaken in the spring, showed that some paupers wero drawing supplies from half-n- dozen different charities, and that organized deception had attnined alarming proportions. The Relief and Aid Society of this city has found tho samo evil provalent here. We have been informed by a gentleman in posie tion to Lunow wherecof ho spenks that a moderately large circle of fominine Chicagonns support themselves by wash ing during the summer and stop their work as soon as the Reliof and Aid Socicty begins its work in the fall. Prof. and Mrs, Fawcerr declare, in their volume of collocted cssays published in 1872, thnt tho famous Poor-Law of Erwzanrrit laid the foundations of the pauperism now so fright~ fully provalent in England, ard that tho present English system of relioving the poor is one of the great obstacles to any perma- nent improvement in their condition. The food which women lavish upon tho strolling beggars who como to their doors, ond tho pennies which men and women drop into the hands of strect mendicants, aro usunlly worse than wastad. They aro the tuition-fees for the educntion of children ns pnupers. Begging is a profitable busineas. Tho only stock in trade requircd consisls of rngw, groans, an expression of misery, and, usually, a few lies. During tho last few months a small girl, about 10 yerrs old, has displayed on State street s placard announcing that shewas the widowed motker of four children, and has received apparent'y abundant donations on the strongth of this impossible maternity, The sham wos pal- pable, but the great mnjority of the thoughtless givers mnever stopped to read the painted lie. 'Thoy saw phs wos o beggar, nnd gave what they could or what they chose to keep her u By the consus of 1870, 1li- 50, beggar forever. nois paid over 000 n year for the sup- port of 6,054 paupers, This is, of cousse, only o fraction of tho real cost and the renl number. Thero are more than 6,000 panpers in Chicago alone, Private charity far excceds public, but no statistics of it can be got. ‘There is evidently grent nced of reform, nnd this is what tho Elberfeldt scheme promiscs , us, In 1853 Elberfeldt had a population of 60,304, and 4,223 paupers, Dvery Lwclfth person lived wholly by charity. 'The city wiy then divided into eighteen districts nud an Overseer of tho Poor appointed in ench, Each district way sub. divided into fourteon soctions and cuch section was put under the chargo of avialor, —p man,—who had to visit the paupers in it once o fortnight. The whole system is under control of nine Poor Commissioners, who serve for three years. No snlavies aro prid Commissioners, overseoers, or visitors. Every fortnight tho visitors in ench district mcot, report to the overscer, compare notes, and re- ceivae the money thoy are to expend duzing the next two weeks. The overscers in furn roport to the Commissionors, Tho fruite of this careful inspoction have been gr.at. In o numbor of cnses, deception hui been detected. In many cases, pertoua in comfortable circumstances, who had dex- terously shifted tho support of their desti- tuto parents or childron upon the town, hivu ‘been compelled to resume their rightful bnr- dens. The visitors have aided many paujcers to support themselves by wise advico nad profiers of work. 'The followMg table shows that the proportion of paupers has decrensed, in twenty years, from onae in twolve to one in oighty s Paurers Population, e 1. + B0, 304 1,280 1,000 G030 218,000 ) 1) "Tho grent incrense in the cost of living in Germany has interfered with the reducticn of expense, reckoned simply in money, in the crro of the poor. Nevertholoss, this cott is now culy $18,000, against $35,000 in 180t. Buch resulta entitlo the plan {0 be called r- markable, 1t iu o simple oue. Tho Obicago Reliof and Aid Society has partly, but only portly, adopted it. Success in Elberfeldt should insuro o thorough trial of it in Chi- ©ago. In regard to the new Architect appomnted to tako tho place of MurLETT, tho Now York World (Dom.) vpenku thue haudsomely of the new ap= pontee, from wiich wo judgo le is a great ime pravoment on Lis prodecesaor “fbo appointment of Mr, POTTED to socced Mr. MULLSTE I8 2 very tuch bsiter appolntment than ws Lad auy right to expect from tlie wey 1Lezs things are ushally managed, Iu tho firet pluce, Mr. VorTEs, con- spfeuously unike his prodeccs.or ut Liua tine of Liv sppolutuient, fs ut urchliact by oducation v well aa by profession, Tn the noxt place Lo ia man of bigl character out of Lis profeesion s woll weiu it, sud 0o £3 put b tho nawo e besry, and tba peputation whishs attachios to it, under bonda for good Lebwyior wLich we 1may be pardoned for tifukiug qulto us e Toclive asauy pocuuiary ponaitl a can Le, As to Mr, POSTER's artis- tic ubility, ft would be watrue to eay 4l be has shown proof of genis, or tat he stands o tas Arst rank of our wreitocts, is quis witldn the truth to wsay that Lo telongs 1o the better clued in tho broud division of hopeful sud hope- lows which tholr work obliges us to make swoug our srctutocts. e beiougd u divtiuatly to the fonner class ay did AlF, MOLLEEE 10 the latter, And it i to Lo remcmbored fu favor of Mr, POSrks tuat be 18 by youn & sl au Bt yet 80 have Foiwked or shuwn the Taaturity of hiv powers, Woliold It to tealeo of ex~ cellout sugurs that ho fe diatiuctly s Uothlo archts tect,” und_pottakes tho {ntelloctual wovemont which for the last thirty or forty years bus carrlod with it all tho most Lrilliunt and sensitive miuds fu his profes~ sion in overy country cxeept powiibly u France, sod in which alone 14 thire Loje of a now 1ifo fur wrobitec~ turo, His townsmen have uot bad tho clunce of sve- 1ug uny of bia st re-eut or mwost smbitlous work, “Tug iibrary at Princoton, huwever, and the interior of a church, ‘we heliwve, 8t Lrovkilos, M i, erocted frow bie dosigos, bave bewu Ulustrsied in Blessrs, Uagouns’ exvellcut New Yok an Loston * skelche books ¥ of urebitecture. A Will Tug Ontosao Tatooyz kindly rise xod explain how it was 8liat * tuo North furuislied » wajority of thie e und two-tbirdy of the mouey that Lrougbt Tezus futo tio Unlon,” We ouly want tho Byures, you kuow, Thet 18 wll—Loudevills Courier~Journdis ‘‘ho **how it was” 4 thusly: ‘The North, containiug a largo majority of the population of tho Unien, furuished a majority of the woldlers who ocongnered Msxioo; and the Norih slsa pald at loast bwo-thirds of the Natioual taxes