Chicago Daily Tribune Newspaper, April 9, 1875, Page 4

—_—----—————— - e TERMS OF THE TRIBUNE. WATRG OF SURSCRIPTION (PATABLE IN ADYAXCE). Peetnge Frepabd at this Ofce. g , 2,00 | Wenkir, 1 you PaRelgnare o BIRE0 1 7 3 Toncorly fu ren copies Eouble sties w200l Parteaf aysarat the rams rate. WANTED—Une activo arent in stoh tewn and village, ith ench, v, be urs and give Post. Stats and County, elthorby draft, exprees, Posts ©fceurder, or in regletored letior, at our risk, TERMS TO CITY RURSCRIRENS, Dafly, delivared, Sunday exconted, 25 eants porweek. Daily, delivered, Buuday nclnded, 30 ceats per wock. TUR TRIDUNR COMPANY, L Chieago, Nl TO-DAY'S AMUSEMENTS. 'VICKRI'S THEATRE~Madison strost, hetweon Dc.lrion and Btate, Engagementof Lotta. ™ Zip.'" ACADEMY OF MUSIC-iialstsd straat, batwean Mad. 1 o 23 - t_af Joseph Murply, s BoMiihann sk "5 Yore Mluaders Taan Ohe MOOLRY'S THRATRE—Hendelph strest, betwesn Olarkand LaSalle. * Lod Astray." ADELPII THEATRE-Deartorn street, eorner Mone rve. Varlaly entertainaeat, ** Jack lsrkaway. BUILDING -Leko N Shore, fos of bition of Palatines. EXPOSITION, Adsims street. L EOCIETY M ORIENTAL LODGR, No. 83, A, F. & A.3{.-Spectsl eom , At 3k ack, munlnllflnlhll(?flfllle'h"“ ln“ A '«liu; elnck,. fue ez, work en_the 3d de » TUOKER, 8ec'y. TINGS. gree, meet with us, By order of the Masts GUBINESY NOTH A OHARM THAT BAFFLES TINE.-NO WOMAN ks ol I , whils her face retalas tha K e O walie s sea i, ] {ork 10 e e Sudhes ae o afe aatithet Tiaver” Gbtatusbie of uil dr 7 CONBUMPTIVE,—\WILROR'S COMPOUND of ot Tt DU ARt Lime, Wihant. posseaing. Uie vary Tsusen!fag flavor of Lo ardicla an heratofure ussd, fa one dowed by the bliniphate of Limo witis a hoaling propecty, ; doubly eficacious. Kemarkable ‘of Ita eBicacy €an b azhiited (n thoso who them, Loceale by A, 8., WILDOK, Chem- dontro t lat, Boston. The Chicaga Teibune, Fridey Morning, April 9, 1875. The Municipal Tncorporation aot, common- 1y known ns the Citizons' Associntion bill, was yeostexday signed by Gov, Bevenmnoz. The exposure of the mysterions frand by which the bill for tho suppression of gam. Lling was altered in the printing so as tomake it practically a bill for tho protection of gam- blers rosulted fatally to the measure, which was unceremoniously killed in the Senate yesterday on its third reading., There is no hope for the Chicago gamblers this 'session, and their contributions to a lobby fund weve mada for nothing. Tley have n summary way of treating contempt cases in Germany. An edilor, baving published sn articls offensive to Bis- wancr, s sentenced to imprisonment; he vscapes to Austrin; application is made by tho German Government for his narrest; tho Austrion suthorities comply with alacrity; tho contumacious editor is returned to Berlin and clapped into jail. There is no suparse- deas. ) T A now scheme for tapping the United States Trensury for the bonefit of the Texns Pecifio Roilrond is mnturing. The pro- gramme retires Tox Scorr and the Northern Directory, and fills their places with South- orn Demoorats, thus making it distinetively & Southern project, in tho lope of theraby seouring the support of the Northern Demo- crats in Congress. Of course 'Tox Scorr coue sents to the change, and of course provikion will be made for hig reimbursement. An tho close of hie session of the Tllinois Legislaturo draws near, Spenker Harzes im- proves every opportunity of domonstrating nis claim to the titlo of the worst presiding officer within the memory of tho oldest in. Anbitant, s inability to provent the daily recurronce of scones of ‘he most disgraceful disorder pnd con- fuslon,—tho result, manifestly, of the sontemptuous disrogard which his coursa has inspirod among the Democrats,—and his per- sistent obatruction of legislation which is supposed to affect his privato interests, to- gether entitle him to Insting renown in his awn peculinr department of science, In thort, es o failure, Harxes in a prononnced Iueeess. A molancholy showing of the condition of the bankrupt railrond companies in Minols is made in tho report of the Committeo on Railronds, submitted to the Houso yesterday, Thero are in the hands of Receivers thirteon roads, with a total of 2,287 miles of track, and with an aggregato debt of about §04,500,- 000, an avernge of over $28,000 per mile, Included in this debtis the sum of about 81,600,000 of due and unpaid State and loeal taxes, the best mode of collecting whicl is the question considered by the Committee, who tave been advised by tho Attorney-Genernl that it would not bo prudent to preeipitnte a sonflict with tho Fuderal Courts by attempt. ing the seizure und sale for delinquent taxos of the railronds now in the honds of Re. =eivers, but that the proper coursoe is to make demand upon the Recoivers for payment,and, this failing, to petition the Courts in the usual way for au order of levy and sal The many admirers of Mrs, Mourtoy will enjoy the oxtremely flattering allusions to that lady in Mr, Bezonen's racy account of some of his juterviows with her. Mo ap. pears to have harbored no resentment on pecount of thoe off-hand way In which she spoke of * giving the old man » chance,” but, on tho contrury, is evidently hingolf & groat admirer of Mrs. M., with whom, a1 ho telly it, ho was on terms of Plymouth Intimacy, Mr, Berouzn nnrrates bis own recollection of the interviews with Mra. MourtoN, but it will bo noticed that his gallantry has not yet permitted him to chiarge with falschood and perjury the warm lips which vouchrafed that wondor- tally moving and highly peroxysmal “‘kigs] of inspiration,” which Lo fain would have returned with interest, but forebore lest he should “offond bor delicacy "1 If this tonder consideration should result in seonring for Mra, MouvrtoN's testimony a total escapo from the denial and unpeachment which Mr, Bexones has flung with such emphasis upon the other witnesses, nobody can acouse the defendant of a lack of gratitude or appreciation., Ths Chieago produce markots were very lrregular yesterday, Mess pork was in fair demand, and 150 per brl higher, closing easier 8t $22.20 cash, and $22.80@22.82} for May. Laxd was moderstely active and 2j@%o per 100 1bs highar, olosing ot $16.40 cash, wud L4 ‘prices univomsally s duying.” B15,50 for May. Rloste were guiet and A shade ensler, at 8o for shoulders, 113e for short ribs, and 120 for short clears, Ifigh. wines were quiet and firm at $1.11 per gallon, Flour was in fair request ond stronger, Whent was active and e higher, but closed wenkat §1.01} for April, aud $1.0530 for May. Corn was active aud Johigher , closing tameat 70o for April and 790 for May, Oata were active'and advanced Jo, but closed wenk at 59 for April, and Glo for May. Rys wns nomionlly stronger, at $1.10. Barley was active aud 3@ e higher, closing tama nt %1.10 for April and $1.08 for May. Iogx were netive and shemy, with solos b #7,40@0.00. Cattle were in better demnnd, and were tirn, Bheep ruled quiet and unchanged. * The Governor has wigned the Unfon Depot bill, which permits any association of persons to condemn land and tha right of way for depot purposes in about the same manuer a8 railronds may proceed under a former statute, imposing cortnin guarantees that the land shall bo used for the purposes specified, It lins been generally thought that this bill was intonded to apply to tho lnke front; on tho contrary, it coulains the express provislon that *“none of the provisions of this net re- Iating to the condemnation of land shall ox- tond to any laud orlands to which .any mu- nicipal corporation los o title,” 8o fares Chicngo is concerned, the only present appli- cation of the Lill will bo in the caso ofa Union Depot on the West Side for the Pitts- burg & Fort Wayne, Alton & St. Louis, and Milwaukeo & $5t. Panl Railroads. INFLATION AND PRICES, Mr. Weypenn Priuums, in a letier pub. lished in the Boston Adcertiver, mokes n strong presentation of the argument that an expansion or inflation of the currency docs not raise prices. In support of this argu. ment he cites Prof. Camses, Miur, and Bowayy Pruce. He quotes also from Axasa Warzen's table of prices, and from Oaney, to show how little the amount of currency hns to do with fixing prices. Ho presents a table of various foods, showing the prices in 1859, 18G0, and 1874, of mess boef, mess pork, flour, codiish, corn, ten, sugar, salted hides, cotton, Bmymn wool, rico, and coffce, to show that the average prico of each has been about the same, and that the nggregate aver- nge hos hardly varied during the last fifty years, Mo maintains that this table shows cither that currency Lioa nothing to do with prices, or that we hnve not now any more in. {lnted a cnrrency than has been usual tho last fifty years, In support of this argnment ho quotes Iargely from Sreriteny Conwrry, to the point that Inrgo issues of Lank notes do not noces- sarily enhanco prices, He eites the fect that largo transections—all wholesalo busincsa—is done by means of checks and bills, which, he cluims, aro & currency, whoso expnnsion is of daily occurrence, and which hns no offcet on prices, and upon this point ndopts Mr. Carcy'’s argument sud figares by which the “eurrency " in usa is defined to be : 1. Frac- tional notes, increased from $27,000,000 in 1866 to §44,000,000 in 1874, 2. The legal tender and bank note civenlation—&600,000,- 000 in 1860—to, say, 740,000,000 in 1875, 4. Tho bank eurrency (checks and bills), a cor- sequence of borrowing money payable on do- mand, to bo lgnt to others payableon de- mand or short date, by which one dollar is made to dothe work of two or more. In 1806, the bank loans on deposits wers U83,- 000,000, which it is claimed created a curren- cy of 876G,000,000 ; these bank loans in 1874 had renched @591,000,000, and tho curroncy thus created js $1,188,000,000. These sover- al items of increasois claimed to be infla- tions, but have had no perceptible effect on prices. JMr. Pmisviey is combating the shadow and not the substance, Currency, whether issued by banks or the Government, or whother it 18 at par or depreciated, cannot seriously affect the gold value of prices. Cold values of com- moditios are delermined by tho world's aver- ogo market prices, with, in some cadcs, the toriff daty an® charges added. All that wo sell abroud brings the foreign price, less the cost of transportation, What we buy abroad regu- lates tho homo prices of all similar conmodi- ties produced at home, The gold price re- annins unaffected by the character or quantity of the local paper cmrronsy. But when wo uso & depreciated curroncy the amount of the deprecintion, with o margin for fluctuntions, is added to the currency prices. Thus §1,00 gold volue moy bLe represented by §1.11, R1.15, 81,80, 81,50, or oven $2.00 in cur- rency. The groat evil hiere ia the rapid, un- expucted, and constant fluctuation in the value of the currency dollaz in purchasing at he real or gold valuo, Boxamy Pnice, quoted by 3Mr. Prirrres, is clearly right when ho ssys ‘“‘what raises But Prof. Poice, in using the word * bnying,” only uses another form of expression for demand, ‘When men buy largely, and thero ix strong competition for the purchaso of a conimodity, the tendency is to raiss prices under the in. crossed demand; s0 when thers is little de- wmand and fow offor to buy, then the tendency of prices is downward until they rench a point that they can oxcile a new or speculs- tivo domand, with the increnso of which they again rise, 'With this, ordinarily, the amount of currency hos littlo to do, But this is dif. fevent fvom excosaive or speculative buying, which depends mainly on the savo of borrow- ing, 3Men holding o depreciated and fluctuat. ing currency more rendily lend it, taking tho chnuces of ndditional profits by its advanco in value when repeid. The borrower avails himself of an ensy narkot in money to purchaga in tho hope of making apeenlative profits by a riss in the selling prices, Whon men can borrow rendily they are more apt to invest it in spoculative prop- erty; and they con the wmore readily sell it at arapid and large advanco whoen sonmio otl:er man cun exxily obtain the eurrency with which tobuyit. Thus, from ‘hand to hand,the property changes at au increasod prico overy time, and ell owing to tho favility, we might say fatal focility, with which the cheap, de- prociated emrroncy can bo borrowed. A daily depreclation of the value of cnrrency has tho seeming effect of increasing prices and of giving profits to speculation, und, like one wan's drawing 8 prize in & lottery or winning largely at cards, it induces others to abandon honest, productiveindustry, and, with cheap ourrency, scek short roads to fortune, Mr., Prisuies' tablo of the prices of various commodities includes only articles whoso pricos are flxed by tho rates prevailing in for- eign morkets. The home market of such of them ag arv produced here s governed snd coutrolled by the pricos pald for them in other countrics. The rise of a peuny in the price of any one of them in the forcign mar- kot is followed by a like rise at home, and a decline abroad is followed by n decline at home, The prices in the foreign market are fixed aad govorned, not by any reference to the value or quantity of our cwrrency, but THE CHICAGO TRIBUNE: FRIDAY, 'APRIL 9, 1875. by their averago gold valoe in the world's nntkets, But tho offect of o cheap, dopro- ciated currency is to be seen ond felt in transaotions in other lines, and not in the pricesof things bought and soldabrond. Take, for instance, loeal stocks, fancy stocks, wild lands, mining stocks, oil-well stocks, city and town lots, and any other speculntion that offera n short eut to fortune. These are capable, like the chances on o horse-race, of being run np in prico to tho ntmost limit of human credulity, So long rs carrency can be borrowed readily, men plunge into these spceuletions, New corporations of all kinds avo organized, new bonds and stocks ara thrown on the market, paper towns are laid off, stock in mines filled with imaginary gold or silver aro put on tho market. Theso propertics have no valne in tho goneral mar- kets of tho world; the prices aro not govern ed or regnlated by thegold value abroad; and, while curroncy is abundant and chenp, the prices rise with wonderful rapidity until such timo os there is an fimpairmont of confi- dencoor n temporary stringency, and borrow- ing Is cut off, and then thero is n orash,—the unsubstantial vanishes, and what is left has no price, There are peoplo who think that {he greater the oxtent of the trafle in these volucless properties the better the times; and it is for this kind of good times, when men may ongage in wildeat speculation, that Ar, Pmrrirs and his class are contending. Alr. Prxsrars §s hardly successful in liken- ing checks and bills of exchange to the cur- reney, aud in claiming their amount na part of the sggrogate paper-money of the conntry. Bills of exchango and checks represont monay on deposit, actual property, deliverable in ox- chauge' on demand. Checks are drawn by individuals agoinst their cash bnlances in banks; they do this to avoid the trouble and the risk of cnrrying the Yurrency abont their person or keeping it in thoir atores or houses. Ta claim that a check given for a hundred dollars is au inflation of the currency,is one of those weak absurdities to which the whale school of iufletionists are devoted. Bills of exchange are drawn by ono bauk on ancther against deposits; it is a convenient and inex- pousive form of transfer, avoiding the neces- 8ity for handling or transporlation of tho cur- rency. They do not in any way ndd to the volume of currency; they do not chenpen it, and they do not deprecinte it. The fundamental error of Mr, Prmrirs is in his attompt to apply correct principles to false premises. o overlooks the fact that outside the United States valnos are in gold, ond tho prices are those of the average of the world's markets ; that tho real values of corantodities in the United States are fixed by the prices ruling in tho world's markets, and henco it is that tha greenbacks of the United States Governinent havo no more ef- foct npon tho prices of theso commoditicn {han bave the shinplasters issued by a village in Timbuctoo, DButupon the prices in tho local market the currency hna an effect ; to the real gold value is added the depreciation of tho currency and such mergin as may be necessary to protect against loss by fluctun- tion. The gold or real prices romain the Bame. Tho reason of the uniformity in prices of ngricultural products during a poriod of yearn is ensily explained. The labor it requires to produce & givon smount of food in any coun- try is elways about the sawe, teking the good years with the bad and striking an average. The dewand and supply may be said to bo oqual, The sellers are as anxious lo disposo of their surpluses 83 the purchasers are to ob- tain them. As population inereases, so do agricultural produss. The curplus of par- tieular crop varies from year to year, but the aggregato supply of Jood, vegetableand animal, romaing remerkably uniform. As n given amount of labor produces a stated surplus of food, so tho compeusation for food continues equally stable when spresd over n period long cnongh to strike an averageof tha fluctu- ation, Mr. Pumwrirs seems to have overlook- ed or ignored these obvions truths nnd thin simple explanation of what Lo treats as o phenomena in his anxioty to defend o de- besed and fluctunting carrency. THE ARMY REUNION, Most of the differont armics of the United Stntes engaged in the War of the Rebellion hinvo organized into societies for the purpose of preserving the fellowship of former asso- cintion. It is tho purpose of the Army Re- union to bo held in this city to gather to- gothor 08 many of those associations as possi- blo, and tho Grand Army of the Republic will st 0 host, At the meeting of the diffor. ont coromittees appointed to make propcra- tlons for this Rounion, Gen. Briirs offored the following resolution : Resolved, That, a goneral invitation be oxtendsd to sll surviving soldiers and sallors of tha lato War througlout the country, Yast, West, North, and Hanth, to meet with us ot our forthcoming Reunion ; and that the Committes on Invitations bo fnstructed to extend personal inviiotion, a8 far as practicable, to such of them 5a in the opiuton of the Committeo have s ne- tlonal reputation sa soldiers, It is not strange that this proposition should have excited disenssion, Some were in favor of it, others opposed to it altogether, and st others advocated n modifiention; but, with ono or two exesptions (notably in the casio of i local oftieinl who is striving after re- election), the discussion wos decorons, unim- passioned, and in good spirit., The question was finally settled by the sdoption of Gen. Jurrus Wirre's amendment, extending nn in. vitation to all soldiers who regard the United Btates flag as on emblem of nationality now one and indivisible. Perhaps this was the most Jjudicious disposition of a proposal that was originally {ll.timed. T'ho proposition ot Gen, StiLes was really to extend an invitation to tho men who served in the Robel army, He so declared it to be, While Lis motives may havo becn, and proba. bly wore, good aud pure from a personal point of view, wo canuot help thinking that his zoal for reconciliation outrun his judgment of the proprioties, It is not now o question of “shaking hands across the bloody chas,” We liave done that. We ave ready at any time to ropeat the interosting cory uwony in a proper and becoming manner, We have wiped out all political, civil, and social disabilities engenderod in the strife which the Bouthorn Rebels brought upon the coun- try. Wo bave extended universal amnesty to tho' men who fought in the Southem amny, We have restored tho franchise and full ¥ights of oitizonship to all the men who sought to breal down tho Government which now exteuds them equal priviloges and fmmu. nities. 'Wo have forgiven in tho fullest sonse of the word, and forgotten to the full ex. tent of human capacity, Thore is, thercfore, no further question as to reconciliniion ex- cept in tho foclings of the Bouthern people which uo law cau control or influence. The proposition to invite Confederate soldiers to participate in a general army reunion must, therefore, bo regarded in some other light; aod we cau throw nome upon it which relioves it of manifest impropriety. We can understand that an offlcer or sol- dfer of the Union mrmy should now meet an oflicer or soldier of tho Confed.- erato army in business relntions or os a friend withont recurring to the late War, Wo can understand that thoy should nfiiliate politi- cally for common good, and mingle togother in all the rolations of 1ife ns if thera had been no long and bloody eivil war. But we can. not undorstand that an army raunion, in which tho soldiers of the North meot “to fight their battles over ngnin " and rojoice in the restoration of tho Union through their valor aud bloody efforts, could entortain the Confederato soldiers without sorions embare rossment to themsclves sud to their invited guesls, The presonce of Rebel soldiers at a rennfon of Union solliers would bo liko {ue skeloton at the fomst. There could scarcely be a romark which would not touch upon roroand tondor feclings, It would be impossible to rehearso tho scenes of the Rebellion, or the victories won, without resurrecting some of the old rancor that cost tho country half a million precious lives. It would ba asking too much of human natura to domand of either Unionists or Robels that they meet togothier to rejoico in common over the triumph of tho Union and the downfall of the Confederncy. The event is still too recent, and memory yet too fresh. The proposition was illogical as well as un- natural. Either the Robels were right or wrong; either thelr causa was just or nnjust, 1t right snd just, then our victory was tho result of superior numbers over right, and it would bo unfecling to invite Rebel soldiers to meet Union soldiers'thot tho Inttor may glory over tha defent of the former. If tho cause was wrong and unjust, then the soldiers of the Union army, as soldiers, cannot rensonably be aslced to reccive Rebel soldiers asof their own number on an occasfon when the War is tho pivot of the rounion, and the memory of thair dend brothers tho most solemn fenturo of it, The fact is, that tho proposition looked to nn anomalons aud wn- natural association. The"Rebel soldiers could not with good grace nttend such fostivities ns aro incident to o rennion of Union soldiers, excopt as civilians may attend in the enpacity of spectators, nnd it would have been an un. kindness to them, s woll as & snerifico of dignity aud propriety on the part of the Union soldiers, to havo extended snch on in- vitotion. Wo are suro Gen, Stizes himself, a brave and gallant Union soldior, will per- celve the incongruity of his proposition when hie comes to turn it over nnd oxamine the obverso sido thereof. GRAIN-INSPECTOR HARPER, Tho present indieations aro that the rumors and suspicions which lave attached to the inanngement of tho Grain.Inspector's offico in this city have not been altogether withont foundalion. The suspicions of Xr. W. H, Hanecn's adwinistration of the Grain-In. spector’s office first arose about the time his brothier in Springfleld was ascortained to be n defnultor as United States Collector, There was #n effort made to conncet the twoin gome way or other, but it failed. Some timo rfter, the bungling Board of Railroad and ‘Warehouso Comumissioners undertook an in- vestigntion of the Grain-Inspector's accounts, ‘Ihoir final conclusion was that there was uo deficit in his office, but it is understood that there wero certain circumstances which looked badly and were left unex- plained. Among theso was tho trauscription of Mr. Hanven's Looks, so ‘thet an ontirely now set of accounts wore submitted to the Commissioners ; another wns an intima‘ion that Mr. Harren lind borrowed o lorge sum of money (315,000 was tho amount stated, o halieve) to tide over the invostigntion, It is very certain that never sinco the in- vestigation, a'year or 50 ngo, has Mr. Haneen bad the confidence of tho Board of Trade men who hold the closgst relation to him. It hes genorally been bolieved that the receipts of the office for graln.inspoction have been largely in oxcoss of the expansoes, and it has been thought that Mr, Hanren has been using thomouoysfor speoulative purposes, Tt is said that the Sonate Committes who have been investigating his accounts mora recently have found o deficit of 515,000, outside of the $10,000 nlleged to have been doposited in the Cook County National Bank. If all theso allegations prove to be trme, it'may tum out that the pracent deficit is one which M, Hanpen lios been carrying for some timne past. Wo undemstand, however, that it is roported that he declares his willingness and nbility to make good any defleit which may be fonnd, g 3 Mr. Hanren's troubles will rendily suggost the rocurrence of the question whether it is wise to mingle politica and grain Lusiness, His office is the outgrowth of the State ne- suming tho control of the grain-handling business. No political corporation under onr form of government can undertaks the su.- pervision and control of any business of a private nature without placing this supervis- ion in the hands of men appoiuted for par. tisan rousons, Had the same general feeling of uncertainty provailed concerni ng Mr, Hax. PN’ nccounts, and had he been subject to tho Board of Trade or any other businoss or- ganization, o thorough and sweeping nves- tigation would have Licen made, and the cnse sntiafnotorily disposed of long beforo this time, TREASURY BEFORM, The work of reorganizing the Treasury Do- partment hus now beon going on for nbout a year, Secretary Brisrow's new broom has swept the Dopartment cloan of & number of abuses, and is still sweeping vigorously, and thore is much that yet needs garnishing, ‘When tho Kentucky financier took control, ho found that the head of the Tronsury hud be- como a wore figure-head,—a kort of ornamen- tal hoad olerk torogistor thoacts of his nominal subordinates, but real suporiors, The Bax. pony investigation showed what gross nbuses were possiblo under such a system. Mr, Brwrow atoppod this imbecile sort of thing, 1Ie made Lis voown and his brain the centro of setlvity, Tis subordinates lonrned that they must do what ho, not they, wished to bo done. The magnificent Murrzrr objected to this, and had to go, Ho left behind the univorsal joy of the Great American Tax- Payer, who, by the way, is & phonomenon, unique in the world. MuLLer? was one of several guch victims, Bawren was another, Gen, SpiNks bos been tho lnst, His hon- esty, and officiency, aud long service, to say nothing of his caligraphy, have endeared tho old veteran to the nation, but tho reasous for requiring his resignation were too weighty to be disregarded, o claimed tho right, for ono thing, to appoint all the subordinates in RaBureau, Thiswouldhave beon reasonable enough, since hie gava heavy Londs, but for the fact that it was contrary to tho law. ‘Then, sgain, Gen. Srinwzn wos In the habit of publishing in his anoual roporis wild thoorles of finance, ofton opposed to the views of Lis superiors. Tho Becretary belloved very sincerely that the yeazly bulletin of his Departmont should contain & systematio, harmonfous statentent of financial policy, so that the ideas of the CGovernment on that subject should he clearly understoorl Ly Cougross and the nntion. Acting on this belief, ho cut out of Gen, Brixwen's report of Inst year a long arguinent in favor of the wild- cat inter-convertiblo bondschonto. Tho pub- lication of any such stulf aspart of o report which warmly ndvocated a return to spacio, naud suggestod feasiblo plans thercfor, would have beon an absurdity and, on the Napole- onia iden, worse than a crime,~a blunder. Ita effect on the negotintion of our now gold. bondu might have been disnstrous. Tho breach enused by theso two disngroements haa been widening, until it was evidont that the Department could not be systemntically mannged ns long a¢ tho Treasurcr and tho Becrotury of the ‘I'ressury wera ncting nt cross-purposos. Gen. SriNygn hns theroforo resigned. His successor, Mr. Jonw O, Nxw, ‘was chosen bofore he or any of his immediate frionds even know he was & candidate. It is to bo hoped that this New broom wil sweep s clean ax the old one did, — THE TAX ON TAILORING. The following from n local protection orgnn 15 a political confession ¢ 1t {s well known ihat here, in Clieso, thars ares number of persons who get thelr clothing mada at Montreal, and hava It amugglod thrangh from Usnads, Tho “saving” by this means {s about 0 per cent of the price charged by merchant latlors here. 8o sys- temstic Las Lix become that it Is sald there aro cer- Asin taflors in Montreal whose business is largely sup- ported by Ameriean orders from peopls who, I other rodpeots, bear good charactors, and call themuelves good Isw-abiding citizens, though wo must confers our Inability to distingulsh between this and any other Xind of fraud, The whole systam of smuggling clotli= Ing hay, bowever, bean growing untll it Lias reached immenso propartions, The, Philadelphis Times estl- matos that *gentlemen,” realdentn of (hat clty, an- nuslly gat abont $300,0C0 worth of clolbing from Paris nd London, which {s smuggled through the Custom~ Houss by frionds, who have ordered tha clotling minde in Tarln for thentselves, and sworn that it wes for thelr own personal uco, Whatover the mothod followed, thers is no question as to tho extent of the direct or in. direct evasion of the Inw. We hinve no donbt that in one way or the other foreign-made clothing, to tho value of many millions of dollars, is snnually brought into this country freo of duty, During the year ending Juno 80, 1874, the valuo of made-up clothing made of wool imported throngh ‘the Custom- Houses was oply £870,000, on which was collocted about §372,000 duty. But this nmount bears but & small proportion to thot which pays no duty, Every American who goes abrond provides himsclf before com- ing home with o sufficent stock of overconts, dress goods, and ordinary clothing to last him ono to several years, ‘When loaving for Europe ho only provides Limself with such clothes as will answor un- til ha gets over, intending to purchnse there what ho may nced for his journoy. The dif~ forenco in cost of the clothes, such as are purchased by Americans, will averago fully balf. In othor words, 3100 will purchase in London clothes that will cost in the Unitod States $200. A man going abroed to stay n year, by purchasing in London the clothies he may need while abroad and s stock to bring homo with him, will snve more than the cost of his possnge on the steamer both ways, The Canndian proviuces are n convenient place in which to purchase clothing. A man going from the West to Now York canstop over in o Canndinn city, obtain a suit of clothos, put his old ones in a carpet-bag, and, wearing the now ones, pass through the Cus- tom-House, A large business is done also in direct smuggling, Agonts from Cannda, and from London, Berlin, and Paris, travel in this country, who take orders for clothing aud deliver it froe of duty, and this is done far more extensivoly than the public gonerally understands, This purchaseof clothes sbroad is, of course, the result of the excessive duty, not on clothes, but upon the materials of which they are made. The wnjes of tailors in London, Paris, and Montreal employed upon fine work are, if we estimate the pur. chinsing power of the monoy, as high na are wages of the same workmen in this country; and if the American tailors wero allowed to procuro the cloth upon the samo torms that the Canadinns do, they could furnish the clothes just oo cheap. 'The tarif on woolen clothe, and especially of the cloths not made in this conntry, is directed agninst American taflors. It takes from them the manufacture of millions of dollara’ worth of clothes annu- ally, and carries away from them a large por- tion of the trade of their best customers. The tariff, therofore, instead of protoct- iug them against foreign competition, forces the trede which slhould be theirs to the tailor-shops of Oanada, England, Francoe, and Germany. It takes from our own coun- trymon & most profitable part of their busi. nesd, sonding it to foreign countrios, thus in- flicting upon them a direct injuryand loss in- stend of benefit. Now, supposs the duty on the finer and better classos of English, German, and French cloth were reduced to a fairly revenue stand- ard, thon our American tailors would not only be able to furnish the garments as low a8 their foreign rivals, bnt the reduced cost would increase the demand, and their busi. ness and profits would be proportionately incrensed. Some years sgo the manufacture of brondcloths had attained such perfection in this country that at a competitive exhi. bition in Paris they carried off the honors. Then come the high tariff on the finer varie- tles of wool usod in that mannfacture, This wool was not produced in this country, but had to be imported ; a tax of 100 per cent was imposed on it, and the manufacturors, who hnd invested millions of dollars in mo- chinery and otherwiso in the businees, im- plored Congress unavallingly to reduco or removae the duty. Congross refused, and the mills were closed,—wera taxed out of exist. ence. Not content with taxing that industry to death, we now have the confesalon of this protective organ that the manu. facturo of clothes out of the finer cloths, such a8 are ounly made in Eu. rope, is undorgoing the same crushing process, and that the American people, need- ing the botter clnss of clothes, are driven to have them made in Europe or Canada. , It is now proposed to tax out of existence the on- tire manufacture of clothos from fine cloths such as are not made in this country, And the law under which this crushing-out pro. cess is going on is claimed to be dovised for tho “protoction of American induatry”! The American people, a3 a Whole, pay more money for the samo quantity of woolon clothes than auy othor civilized poople in the world; and the material of the clothes thoy wenr is of a quality which is inferior to that of any other country, ‘They pay more for a poor article than any other people pay for o superior ons, Yet we are *protected” as no other peoplo are ! The efficiency of the town officers, for whose support Chicago pays out nearly §100,000 a year, isaptly illnstrated by the work of the West Sido officors this last scs- son under the lead of AMr, * Lasax” O'Baixx. Following is the statemont of the tax-levy nud the amount collected in West Chicago: NEAL PROPRRTY, Tax levled,.., . Amount coliscted,. Uncollocted. PENSONAL PROTRATY, Tax lovied.... , Amount eolisctad, Uncollected. .o, .00 +$ 89,000 Of the 850,060 personal tax which remaing uncollectod, it is not probable that 10 por cent will evor be scoured. If the Town Col- lectors dro of any use whatever, it is to forco the pnyment of porsonal taxes; if thoy can- not drum them np, thero is little hopo of got- ting thamatall, ow Mr, ** Lansy " O'Bnirx professes to have omployed ticenty-seren dif- ferent mon in addition to himself, nnd only succeeded in collucting $101,350 of this por- sonal tax, and only £15,000 of tho renl tax, One man—Grreson—is roported ns having collected 842,000 of this amount, presnmably from heavy firms, so that twenty.seven wera engagod renlly two or threo months in collect- ing less than $100,000. The smallest cost to the public of collecting this nmount is prob- nbly as follows : Collector (AT6d by AW)uvseresanaressnsensanesssi$1,500 Twaonty-sercn nsslatanis, two month, at $100 o 54D $6,90) The cost of collecting $100,000 of personal tax—the taxon roslty would be paid in any case—in 7 per cent on the West Side, and cousiderably more in the South and North Divisions, and $50,000 lost altogather, o4/ $760,757 00 101,410 4 450 €80 uii et huneenssesatinsesainenian: RUBSIAN ADVANOES TOWARDS INDIA. Tho reports from Central Asia are of the most contradictory .nature. ' 3r. Scouvren's dispatch told one story. The Russian papers noturally tell another, The German pross scoms to be trying to egg England on to moro decisive measures of resistance, and is therefore avowing more or less belief i Scouyrrn's statoments, and dwelling on the frightful strides Russia is making towards tho British India frontier, A few facts stand out of the mnzo of contradiction. Tho Rus- sinn Goneral, Farxenmaoen, has sccured a concession from tho Shah of Persia for the construction of a raflrond on Persian soil, and bis Government is laying track rapidly, despito an official protest from England. Moreover, another railrond I8 being built to this orie with the genoral Russion system. Thig i not tho only sign of the influcnce of tho Czar over the Shah. Tho Afghanistan rebels, who Iately routed an English detach- ment, are said to receive sccret aid from Per- sia. At tho recont annual banquet of the vetarans of the Caucnsion wars at St. Poters. burg political speeches wero permitted, and very significant onos were made. One of the orators said that Russin was the only power which could civilize Asin, and that she would do the work completely, England, having pro- tested in vain agninst the whole advance, is now about to try to checkit. She will for- tify and garrison the monntain-passos be- tween Beloochistan and Afghanistan. When the war comes, we may expect to ses ecnormous armies in tho flold, for ench of the civilized combatants . will have myrinds of semi-civilizod subjects to en. roll a3 soldiers, The sizo of the forces will probably depend only upon tho facilities for trinsporting supplies. Meanwhile, if the Russians Leop on absorbing countries with unprononncenblo nawes, Contral Asian poli- tics will soon be as mysterious ng thoss of South America. Commenting on Sonvyrer's Jettor, tho Now York Tribune romarks s Very noticeabls in it thot while the pollcy of Rusala in Asia drifts with cironmatances, thero ia groat auxlety to avold every form of conflict with Eugland, and s singulur sensiliveness o Drittah criticlamn, Further advaiiess of Russia soom inavitable, and naw complications with England must ansue, Perliaps the ‘must significant feature of tho aftuction may bo found in the ssaurancs of Anout RamaN Kmaw, that the Afghons would gladly take up arms fn a war agalust Dritish domination in Indis, As mightbe ex- pecled, the publication of this report has created groat commotion at 8t, Petersburg. The Ruerian IWorld (Mir) was suspended three month for reproduciog #ome portions of the document, Denlals of some of the elatements appeared in the Golos, Lut the main @ wus not discredited, The Czar appeststo have put faith in the report, s Lo withdrew his favor from Gen. Eaussaxw, tho Governor of Turkistan, Mr, Bonorien's podiilon was doubiloss made very un., comfortable by the publication, which must have created for bim s host of enomies, Exactly why our Govornment should have placed the Becretary of Lega« tlon in so dolicate a position, ainco the dispatch was apparently confidentlal, ia not very clear, “BIORT-IATES" AND “EWALLOW-TAIIS" Mr, Jonx Monnissey, ex-prize-fighter, Demo- | cratio Ioader, and ex-mombor of Congress, Las given the New York papors somothing to talk of sgain. He rocently undertook a practical satire of respectablo Democrasy,—a good eubject for & satirist cortainly, He appeared ono day recont- 1y in Madison Bquare ln full ovening dross, with white gloves and cravat, and carrying a Fronch dictionary under higarm. When asked to ex- olain bis masquerade, he repliod that he waa goiug to apply to Mayor Wicxnax (the Demo- eratlo Mayor) for an oftico, and that was the only costumo in which tho spplication would be ro. celved. Alr, MornissEY's point was a sharp one, and It may be variously construed. We should aay that the brondest and truest construction to ba put upon It is, that & kid-gloved, white- cravatod, swallow-talled Democraoy is & very ridicplous, not to say imposalble, concop- tion. If Mayor Wicumast has baou secking after it in Now York of all placos, it waa vory proper to put him to tho Lluch, The Domooracy of Now York, and genorally throughout the country, de- pond mainly upon tho ehort-haired, closo- cropped, rough-nod-tumble gentry for their votea, If Mayor Wionmant propoies to iguore this powerful elomont in tho distribution of ofticial favors, he 18 & fit subject for rebuke. The shiort-haired Democracy is an old, familiar sight ; wa recognize it by ite traditions, customs, tastes, oconpation, and general Appearance, When onoseos in New York a gamblor, a rough, prize-tightar, a * knuck," port,” & confl dence man, or any of tho *b'hoys," he recog- nizes the Tammany * Domoorat™ immediately § thera is no mistaking bim. But » awallow-tailed Democracy, with tho ueual acosssories of tho avoniug tollotte, Ia an nuomaly, s coutradiction, » traud, » delusion, and a snare, Swallow-tails aro too hieavy a load for the Demooracy to carry. The dresa {sn't becoming. The gencral appear- 8008 I like that of—well, we can't think of any suitablo comparigon ; vosides, comparisona are odious, If the Bwallow-Talls expect that tho Bhort-Heirs will furnish sll the votes and allow them to graball the offices, they have made vory serfous miatake, Alr. Monnigaxy has char- actorized it very falrly. Tlhe Bwallow-Tails will Lave to croptheir hair at olection times and put on cowskin boots, with tholr trowsers woll rolled up, and wear s shirt that will not soil too easily, 1f dicas is to mako the Now York Democrat lu the fature, wo shall havo a curioua model for merchant tailors’ card-board. Tle associstion of the Short-Hairy and Swallow-Taila 1a wholly nnnatoral, It can only rosult in en opon rup- tare, or & compromise in whict the Short-Hatry will be permitted to put on awallow-tailed coats, and tho Bwallow-Tails forced to adopt the sand- Ppaperad out of Lair, —_— The publication of the Gnzvire momoirs Lias oreatod tho greatost rcandal in England since tho Dynox-Stows ocootroversy, Au immonso preasure has boen brought to bear upon Mr. Hzxny Rzsve, GueviLx'a licrary exccutor, to secure fho suppression or destruction of the ro- maining volumes, o has beon solomnly advised that such is his duty and privilege by articles, portentous and autbositative, whioch Lave sp- poared in the Quarferly and the Athenzm ; it han beow tntimated that the fitat consequonce of dinobedience will bohis dimissal from tuy position of Tegistrar of the Irivy Councf, Theao threats aro unbacoming both to thase who maka them and to him sgainet whom they ary directed. Mr. Rervx: discliarged hin trust only too faithfully, e publishod too muoh for the time, wounding the feelings of many Porsony 80w living, and acandaliziog the Royal elrel, which contemplates with horror the posalbility op an equally veracious chroaiclor of its misdendy, But Mr. Reave, afternll, has been only quum.g: 1o has prassrved the truth of bistory ; ang, it bo han shown bad tante in, doing 80, bad taate jy not & sin, —_——— The death of Mr. F. V. WarLxen, an clectriolay of lrookiyn, was briefly noticod in thedlapatchay o fow daye ngo. Il died from an overdoga o hemlock administerod by himsolf, As the dmg worked upon him ho described his senualion, and symptoms to his wife, according to & tico of long standing, and sho wrote down bty words a8 he spoke, 80 much for th facts, potfectly satinfectory explanation of them yor romaius to bo given. The physiclan who Dres seribod for Mr. WaLkrR warnod him to 8top tak. ing tho medicino ns soon aw he felt any museq, lar relaxation, dizzluoss, numbness, or other phyaiological offects ; yot 1t appeara from the momorandum kopt by the wife that ko took twg dowes of. fifty pgraine each whoo he wan ‘conAclous of procisaly thoso aymp. toems, Two theoriea have beon sdvanceq to account for Lis action, It haa boon said that the offact uf homlock is stimulating and oxhils. ratiog, and that Mr. WALKER'S judgment wag af, fectod by the vory large dooo with which e started, Tue other and moat plausible theory iy that be roditated suicido, and wisliod to escaps the opprobrium and reproach which attach 1o euch s doath, It this was roally hls deaign, by waa partially succoesful. ‘The bonoflt of hy donbt chiofly bolongs to him and his frienda, Boveral circumatances, howover, give strength: to the Lypothesis of suicide. Mr. Warken, duy. ing Lis visit to the doctor's offico, spoke of Socnatrs' death, snd eaid Lo undorstood the taking of hemlock was & very ploasant wayty dio. Moreovor, one of the physicinna teatife on the fnquost that hemlock docs not affect thy intelligence until the last stagos, Mr, Warken had what ko might consider ag adequato motivo for suiclde in an incurabla acg exceedingly painful nervous disorder, for the rs. liof of which the homlock was proseribed, Thy case {5 omarkablo in mauy respects. Thoreiy no other fustanco known of an oxact and scier. tifle record of sensations experionced on tha ap. proach of death, and nlmoat to the very moment of dissolution. The hyglenio propestiss of hem. lock ara also illustrated by tho event. Conaidering the death morely as a possiblo . Jelde, it has ita lossons aud auggostions for thors who are weary of lifo, yet want tho soll-hbuegs. tion of ono who can deaplso as woll as dosert thy world, —— The Suprome Court of tho United Blates ks again decldod that o contract with a lobbyistis void. Nicmoras Taisr helpod to nogotiata the Guadalonpo-Hidalgo treaty; and was denied i pay bolind onrncd. After sovoral attempty to collect hin claim, he put it in the hands of Lixcs Cmiy, of Boston, a prominent advocato of ez porting Christianity to tho pagans, and a member, it Is said, of tho American Board of Foreign Miasiona. Critp waa to havo 25 por coat of the amount recoverod. Tho evidenco showod that ho and bis son, after the father's death, palled wiros Industriously. At length, €14,659 wss appropriated to pay the claim. Cuiwp, Jr, claimed his porcentage. TnisT refused, bo- cause ho had had to pay othior labbyists. The Buprome Court upholds bim in this refuzal, Tho deciaion draws a distinction bolween logitimats and illegitimato lobbyiag, and puts CurLp's wirs pulliog in the latter ostogory. Boma lobby work Is fnovitable, but it should be logalized and syatematized, as it 1 in England, A billfa that purpose waa reportod at tho last session of Congress, but did wnot pass, The following passsgein o lottor from Currp to TwmIsT pro- ducsd the impresston in the mind of Justio Bw, tthat somothing was wrong . Ploase writo to your friends to writs te lfl{ ‘memter of Congress; every vota tells, aud & eimple reques may socure a vote, hie not caring suything about ly Hat every man you know at work. Hren i€ L knows¢ Ppage, for & page ofteu gala 8 Yote, Tho Judge eces {n this somothing diToroo! from thio **purely professional services of an ex vert, such aa drafting the petition to sot forth the clalm, attending to tho taking.of testimony, collecting facts, prepariog arguments and sod> mitting thom orally or in writing to a committet or ather propor authority, aud other sorvices ol like charactor.” Aftor citing the Americsnde cislons In such cases, Judgo SwAYNE indalges io vigorous languaga as to tho necessity of koopiog tho springs of loglalation pure sad againat lezak {zing any of the ourront mothods of eorruption. A correapondont of a Pittsburg papor, writioz from Chieago, notices the marprisivg doarthof protty girls on the sidowalks. o would bara found feminine beauty four deep in Pittaburg. he eays, on & beautifal spring-day, anch ss the one whicl: amilod around when his observatioss were takon. ‘Tho fact is, that all tho protty gisls In Chicago wero walting for their apriug bonnet¢ to como home that particular day, In the meat time, they were composing dovotional pootm and loarning Bible-vorses, and writlog Lt privato notos of affostion and tender regreb 10 tho millincrs. e a—— One of the most horriblo reports of morstin- sanity induced by s boliof in tho supernatarl comes from Pinar Dol Rio, in the West Indiek A mothor, who Bupposed horsolf to ba 5o dirsch ed by eplrit-rappings, toro ont her gon's e and prepared totear out ber own. This w3 done in tlio presenco of a cirale of women Who prayed in a loud voico while tho hidsons opss tion was being performed. WWhat cau Bpiritat {sm boast of sccomplishing as an offaet 10 82 sliooking ocgurronca ? PERSONAL Faxwy Davervont will bo a star noxt seso Weare sll gotting old, now. Jrax Ixesae¥ is 43, Even Vioroma has an organ, She wiiich 8quiba for the London Times occasionally. ©. M. Osnonne, of Rock Island, attornoy f0f tho Rockford, Rock Ialand & St. Louis Railro:d. 1u sojourning at the Paclific Hotol. i A Thiladelphia jury has acquitted the propr tor of & cau-can uhi‘l’a’ltlon‘ “That Ix not th oulf bare fraud the city tolerates, olther, Ladics need not mind dyiog ln thelr balte dressos. A Parislan dressmakes snoounced shrouds for ladics are cut decollete. Mr, Tuzopons Tixzon will resume his wos! lecturo engsgemonta n the fall, uudor the mane agement of the American Literary Bureat. Canal frands—Shoutlng *low bridge” ‘;: prima donna who used to be cook on 8 € hoat, Juas to seo her diop.—8t. Louis @lobe. - On being congratulated upon his mumvn_% Mr, Brxoaes said: “It'a a poor horde thst El:! oo down WILY WLl Afr, Dezoaxs osplain Bith too ? + I¢ thers is anythiog worse theo 'ML;H ! * nigger-hoad Lo a dhudeen it ds snubblog s Chioago revivalist, and that s just what 8 acox Las done. An exchange explalos Benator babit of keopiog bhle hande iu bls contrasted from prudoutisl motives residenca in Cleveland. B Anskxz Iopssavs saw the Iadlos of Parls '.mK Now York st d{me. Hanizorrs’s ball, "d-lll’:' o tbe fashionable supremacy in dresses &8 &- 1aub 28 sheot-lightaing." el A Dlisslvaippt editor was shot, _nnd [ :ah newupaper tolls us whys * Heclimbed 81¢ i tolook st tho ladies of ncu\:'u tronpe ma- (or uumaking) thoir tollottea. W. 0. Quincy, General Mansger of ':u'"f:‘ cago Division of the Balilmose & Oblo B! Taoa¥ss'd ‘pockels 30 dusiop L8