Chicago Daily Tribune Newspaper, July 21, 1875, Page 4

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

THE CHICAGD TRIBUNE: WEDNESDAY, JULY 21, 1875. TERMS OF THE TRIBUNE. BATES OF STRICRIPTION (PAYANLE TN ADYARCR) Pestaxe Frepaid at this OMce. 3.4 Weeakly, ) 13, (n b ly TI'HQIHIZ‘ " o come * g.00l Tarts of & year st the ssme rate. WaxTRD—One active agent in each town and sillage. Hpretal arrangements made with such, Spocimen coples nent (ree. To prevent dslay and mlstakes, ba sure and give Post-Offica Address {n fal, including State and County, flemittances may be made either by draft, express, Poxt-Office order, or In registercd lottora, &t ur risk, TERMS TO CITE SURSGRIDERT, Datly, delivered, Bunday oxcepted, 23 centa per week, Darly, delivared, Bunday included, 30 cents per woek, Address THE TRIBUNE COMPARY, Carner Madizon and Doarborn-nta., Cliicago, Il T AMUSEMENTS. HOOLEY'S_ THEATRE—Randolph atreet, between Clark and LaSslls, Engagement of the Union Bquare Comipany, “The Two Urpliaoe” Afterucon and renlog. ACADEMY OF MUBIC—Hnlseiad atreet, botween Mactison_snd Monrce, Fogagement of Robert M- ndo. " Rory O'More” aud * Dick M1t Diiros Eyes.” Afternoon and evening. [P S § "8OCIETY MEETINGS. HESPERTA TODGE N Jar commusication this { Toird Degree, Early attendance desired, t Ten toay be accommodated and the Lodawe ope ned st 8 elock pmmpflé. CHAS. H, BRENAN, W. AL CHAS, F, FOERSTER, Bec' 1, A Fok A Wednesday) ovening “BUSINESS NOTICES ALL MEN BOW DOWN TO BEAUTY, AND ALL ~ Unaof its sarentials 18 Tiealth, and this pre. i rll parpotual by The Chicagoe Tribune, wndnUIrlny Morning, July 21, 1875, Greenbacks yesterdny wero strong at 87§, and advanced to 88}, the closing price. A case of alloged Asiatic eholera in reported in Now York, but the circumstanco will couse no approhension in Chicago, whero onr cool weother and pure water are n perpetual guar- antea sgainst cholern. The great Presbyterian Conferenco, con- sisting of delegates from Presbyterian ehurchos throughout the world, assembled in London yesterday, and began its scssions. Tho object of the Conference is the forma- tion of n Presbyterian Allinnce which shall enhanco tho usefulness of the Church at lurge in its work of promoling tho cause of Chrint. Straw bidders for mail-service contracts begin to realize the unplensant consequencea attending the regime of & Postmester-Gen- eral who insists upon honesty, efficiency, and accountability as a system in his Department. Mr, Jewers has just begun to confiscate tho certified cheeks of & per cent of the amount of the lnst preceding contract doposited by contractors ns security for the fulfillment of tho service undertaken, and forfeited by ren; son of non-fultillment. 4 Jorr D. Lz, ono of the partios charged with complicity in tho Mountain Meadow massacre, having turned State's evidence, has mado n confession, in which ho states that the torrible slaughter was the work jointly of Mormons and of Indians whom they employed to mssist in murdering the emigrants, whose destruction was ordered by tho londers of the Mormon Church. Lzg nlso states that he earriod the nows of tho massacre to Bmiaman Youwa, who doplored its ocenrrenco, and pre- dioted that it would result in disaater to the Mormon people. Municipal reform ia the order in Cincinnati just now, A number of prominent citizons have commenced court proceedings for the impeachritnt of Mayor Joustox for mis fonsance and malfeasance in office, it being charged, among other things, that he em- ploysd the polico force to assist in securing his re-election last spring, and usoed tho pub- lio money for the samo purpose. Another Cincinnati reform, and ona which might be copied with” advantage in Chicago, is the nbolishment of the Banitary Police force, and the transfer of their dutiea to the regular police. Among our foreign nows we print an in- tercsting acoount of the consummation of tho United States protectorata over the Samonn Iclanda. Col. SrmNpEROED'S roception wns of the most enthusiastio charncter imngina. ble, and tho good-will and gratification of the islanders found expression in numerous presents of figs, yams, cocon- nuts, cte. In n remarkly short timo the Samoan Council, or Legislature, mecomplished the changes fu their govern- mental Rystom involvedin their new relutions, o new King was dlected for four years, nnd Col. Sremvexncrn ‘was fairly forced to accept the position of Premior for life. So that the American flag is now tho adopted nationu! emblem of the Bamonn Kingdom, and every- body is happy. Theroare eight islands in the group, with a population of sbout 50,000 natives, and a fortila and highly productive area of 2,650 square miles, A now and promising ora hns dawned upon the Btates whero onoe King Cotton held un- disputed sway, Bouthern planters have ex- perimented in the way of diversity of prod. uots, and the experiment has proved n won. dorful success. If it had beon predicted ten yoars ago that any ofegthe cotton.raising Btates would in the yoar 18756 have a surplus of coreals, the existing facts and prospects of the time wonld hardly have borne out the prophecy, Yol such is the fact. The Btates of Teunesnce, Arkansaa, Mississippi, and Ala- ‘bama will this yoar have enough and to upare, and the Southern farmers are proud and bap- py. In sddition w this unpreccdonted grain yisld, the old staple, though reduced in acreago, bas by a moro thorough - sys- tem of oultivation rewarded the planters s never bLofore, and they boast of an inde- dependence that has lherotofore beon uu- known to that portion of the country, They olaim that with their surplus of breadstufls they can obtain the means by which thoy will’ be enabled to hold their cotton, take advantage of the market, and soll for, cash instond of following the practice that has almost uni- versally obtained of mortgaging their crops early in the season at ruinous fAgurcs, Yow fur thiu atate of faots will influcnce the prices of grain Iu the West romaing to be seen, The Chicago produce markets were again excited ve: uy, ohicfly in grain. Moess pork was quict, and Se per brl higher, elos.: ugat 10,67 cosh, uud $19.84 for Soptember. Lard was in good demand and 2§@3c per 109 a higher, closiug ut $13.42} for August, aud #1362} for Boptember. Meuls were qict and unchanged, at Bi@sje for shoulders, 11§@1130 fox short ribs, and }1}e for nhort oloass, Highwinug were iu fuiv dewand sud stendy at 2117, Lnko freighta were mode- rately active and stronger at 2}c for corn to uffalo. Flour waa quiot and firm. Whent was active, and 1@2¢ higher, closing weak at €1.18 cash, and $1,16] for August. Corn wns quite active, and advauced 1}@2c, clos- ing at 72]c cash, and 7330 for August. Oals wera nctivo and j@1o higher, closing at 600 for July, and 3980 for August, Rye waain better demnand at 80c for August. Barley was active, and 20 higher, closing wonk at $1.05} for Scptember. On Satarday evening Inst thero wns in store in this city 1,218,062 bu whoat, 2,881,463 bu corn, 2 u oats, 1,441 bu rye, and 7,883 bu barley. Togs waoro in activo demand and sdvanced 10c, sell- ing at R6.75@7.65. Cnltle wero dull and lower, Sheep wero mory nctive and higher, A paragraph bns been copled extensively which accredited Arehbishop Pureriy, of Cincinnati, with a statement that the chil- dren who attend the publio schools * do nat ncquire o Godless education,” As this an- tagonizes the position of Father Donenty, of St. Lonis, the latter nddressed tho Archbishop a noto todraw him out. Wo print the corre. spondence elscwhere. The Archbishop's re- ply is amusing. e was not to ho caught rap- ping. e snys ho doosn't notice mewspnper squibs,—whicl, by the way, isbecoming o very popular way of disposing of all knotty ques- tions and serious charges,—but he fails to say whether ho uttered tho sentimont accredited to him or not. As n lawyer, Archbishop Puncerr would be a very acute specinl pleader, and could draw a plea in avoidance to perfection. Some time ago, it will bo remembered, TnE Tnisuss published a deposition made by Mr. Boopr, formerly financinl agent of the Rockford, Rock Island & St. Louis Railroad, in which he gavoa statoment of certain bonds distributed gratuitously among certain nows- paper mon, Among thoso mentioned ax re- cipients of these bonds was dlonrrz Mcyer, publisher of the New York Handels-Zeitung. Mr. Mesen, who is now in Germany, has secn this statemont of Mr. Boont's, and pnb- lished n card in tho Jlrankfurter-Zeitung, which wo transiate : Wir.opan, July 1,—1 hiave never recelved ons bond from Booor for the recomtnendation of the Tockford bonds, I declire this upon oalh. Monirz Mrrrn, Tublieher Now York Handele-Zeitung, In commenting upon this brief .denial, the Now York Staats-Zeitung says that it hopes Mr, Meven will make amore explicit stato- ment under oath, and points out that he simply denies the consideration—that is, the pufling of the bonda—and not the receipt of the bonds a3 M. Boopy stated. THE FOREIGN KNOW-NOTEIRGS, Thoso who have supposed that there are limits to Aldermanic misconduct must bo satisfied of sheir error by the disreputable proceedings of Monday ovening. The oc- easion was that of a regular Counoil moeting, and it was tho daty of every Alderman to be present unless kopt away by some valid ex- cnse, Thera was a special reason for fall nttendance last Monday, since it was known that the Mayor intended to nominate s City Murshal, and that the city is both without n Polico Board and without a Marshal, to the great domoralization of the force and the detriment of the publio interests. Yet this very exigoncy sorved ns a provocation for sufliciont Aldermen to remain awny to pre- vent a session. A -.dozon of them gathered about the City-Mall, but refused to enter the Council Chamber until after thero was an adjowrnment for lack of a quorum, Tho Counoil sent & committeo of its own mem- boers to summon the absontecs, but the reealcitrant Aldormon merely laughed ab the Committeo. They wero not content with defenting o session, but thoy faunted their disroputable conduct in the faco of the publie ns o sort of deflnnco of publio opinion. It was the most disgraceful exhibition of bum- merism wo have ever known, Tho provocation for this deliberato viola. tion of nll officinl duty only makes it the more disreputable. Tn his search for a proper man to fill the place of City Marshal, the Mayor seleoted o gentleman who happoned to be Ameriean by birth, Tho Foreign Know- Nothings in the Council ascertnined the May- or's purposo to nominate one who happoned to bo an American-born citizen, and simply rosolved that they would not receive the nominntion. They had no ressonable ob- jection to urgo ngainst Mr. Dunnap; for, it there had boen, the Council might have mot and refused to confirm him. In that they would have exercised thelr lnwful right and privilege. DBut, impertinent ni this Foreign Know-Nothing combina- tion has become, it hardly yet dares to pro- clnim formnlly thap it will opposo every man for offico who is unfortunate enough to have boon born in the United States. But this is what their action Monday night meant, and what they will bo bold enongh to proclaim, unloss the alienistic propeusity shall recoive a docided robuko at the handa of the people. Is not this thing gone far enough? Ever ainco the combination of Irish and Germans two years ago, this slienistio sentiment has been goining in boldness if not in actual strength, 'I'he city and county offices are almost monopolized by forcigners. The Palice and Fire Departmonta count two for- eigners to ono native.-born, The Buperintend. ent and Deputy and the Fire Marshal are all forcigners. The gosaip of the City-Hallis full of brogues and accents, We have no objection to offer to all this ko long as it was accidontal or unpremeditated. We bo- gan to objoct when the Foreign Know- Nothinga refused to build & Court House unless an * Irishman™ and a *‘Gor- man" were appointed as architocts. Wao ob- Ject still more now that the stand has been tuken that no American shall be appointed Morshal, It is past all endurance that Amur- ican nativity should become a political ban, Ia this the idea of *Home Rule,” about which the Irish patriots avo so fond of airing their cloquence? ‘I'his nction is the more extraordinary be. cause tho nomination of Mr, Duni.a® was not oquivalent to his appointment. 1lis nomina- tlon might have beon referved to a committes for future report and action, Under the rules of the Councll, even miuority could have delayed nction. 1f, kowover, the objectors were o majority, thoy could have rejected the nomination. We ndmit thatthe Council is nov obliged to conflrm evory person nominated by the Mayor. Dut this factidn took no snch action; they rofused to enter the Council- ronm ; thoy resorted to revolution, and re. fused to permit o meeting to be held, and in 50 duing vielated not only their duty, but wantouly insulted the Mayor sud the general public, 2 Wo havo no special intorest in Mr. CoLvin o i Mr. Dustar. We don't know whether /Mr. Dustsr will muke o good City Marshul ornot. That rouwuius to Le seen. But we do not blieve thut the tux-puyers of Chicago will tamely submit, in the firat place, to Foreign Kuow-Nothing dictation, and, in the second place, to rigit American oxclu- sion from office. Wo cannot, and the peoplo of thin country cannot, admit the principlo. ‘Wo sorionsly warn the Fereign Kunow-Noth. ings of thin city not to attempt to enforco it. They cannot nfford to ignore tho fact that two-thirds of tho faxes aro pnid by tho Americans, They cannot afford to ignore the othor fact that more than one-half the voters aro oither Amoriean.born or so thoroughly Amoricanized as to Tavo no sympathy with this alieniatio combination agninst Ameri- cans, Thoy eannot precipitato this war of notivitien without, in the end, bringivg thomselves into trouble. ‘We do not mean to intimato that tho best of our foroign-born cilizens have any sym- pathy with these clannish office-grnbbers. ‘Wo are convinced they have none. Yet the recent action showed how strong these fol- lows facl themselves to be, and urges the no- cessity for stopping them immediately in their Foreign Know-Nothing tendencies, We cannot maintain our sclf-respect—neither Americaus nor Americanized foreigners—and tolerate such a proceeding ns that of Monday night, THE FULLERTON AVENUE CONDUIT JOB. It is hard to eay whon the tax-payers of Chicngo will be certain that thay are douo paying out manoy for the benefit of Messra. Norris & Co., becauso these gentlemen faited to earry dut their contract with tho city. Having failed, thero should have boon an end of it, and Messrs, Nonnis & Co. should havo been permitted to bear their own losses, as every other business firm does, or gone to the courts for redress if they had just claims. But the failure seems rather to have been o pioco of good fortune, as the Council awarded and the Mayor approved the payment to them of nearly 354,000 in settloment. This certainly ought to have baen the ond of it, but tho ordinance passed June 14 provided as follows : SEcTIoN 1, That upon the gxecution and delivery by Gxonax ¥, Nonsis & Co, 10 the CitgCumptroller of & sufficicnt releste of all claima and demanda of every usture and kind upon the City of Chicago, the Mayor and Qomptrolior are suthorized and directed to pay them the sum of Afty-three thoussud four Lundrod and tirty dollars and Ofty-slx conts from the money sppropriated for cleaning the Norih Lranch of the Chicago River, and to draw tholr warrant ou the Treasurer therefor; provided, howaver, that the ap- prafied valng of the plant of aaid @, F. Nounis & Co, shall also be retalned for them sa hareinatiersot forth, Bxc, 2, Before the Board of Publio Warka shall ad- vertise for proposals for fnishing the Fullarton ave- nue conduit thoy stall cause tho value of the ma- chinery, tools, cars, lumber, and other property belonging to Gxonaz F, Nonss & Co., Intely used by them in the prosecution of the work on sald conduit, and commonty known 1a the plant, to bo apprataed s follown : Said Board shall aclect one appratser, and G, F, Nonaus & Co, shall select one, snd the two thua chosen, {n caso of & faflure to agres, shall aclect s third, who shall cartify the appraliement, with a list of tho property appraisad, to safd Doard of Public Works; and whenever sald Board aball let the remainder of safd work, thoy shal insert in the advertissment for propoasls thorefor a condition that the succoasful Didder will be required to take sald plant at the sald sppraliod value, and shall fnaert in the eontract en~ tered it by the successful bidder that the eadd bid- der witl take said plant at aaid appraisal, and that tho amount of the sppraised value thereof shall be ro- tained by tha City of Chicago out of the Srat eatimates on the work doue, and paid over fo said Gronux F. Nonnis & Co, and eredited to satd City of Chicago as %0 much paid le sald subsequent contractor, or oon- tractors, upon thelr estimatea ; and the Comptroller, npon the proper voucher of sald Board of Public Works, aball pay over such moneyso retained on account of sald plant to sald G. ¥, Nomam & Co,, from tima to timo, wntit the whola of said approtasd value ahall be paid ; and no part of such estimalss shall be paid ovar 1o auel suosequent coniractar, or contractors, unill rufictent amount lo pay Sor said plant shall have been retained, The appraisal of the “plant,” it seems, concealed anothor opportunity for the con- tractors to get moro money, This *plant™ hna beon appraised at $24,587.95, which, in connection with the money paid them out- right, makes $78,018 which thess contractors recoived becauso they forfeitod thoir con. tract. The peculior bardship of this last awnrd is (1) that the “plant” Kaa been ap- praised ab o figure, it is said, far boyond ita nctual, salable value; and (2) that, aa it must Do paid outof the first estimates, no con- tractor can bid on tho finishing qf the work unloss ho hos a cash capital of at loast £30,000, unless, indeed, the bidder reprosents Messrs, Norsis & Co. Thero is o statoment concerning the ap- praisal of this * plant” which is highly dis- creditable to certain porsons, if trus, The ordinance provided that the Board of Public ‘Worka shonld appoint the appraissr on the port of the city. Now it is yaid that tho Mayor went to the Board, and requested that a certain individual be appointed, apd that this individual wes subsequently appointod upon the request and racommendation of Mr, Corvin, It was certainly a vory unusual pro- ceeding that the Mayor should seek to con. trol an oappointment of this nature, which waa left by ordinance with the Board of Public Works. The etatement is the moro remarkable in view of the fact that the per- son appointed is sald to be an intimate friend of certain of the bummer Aldormen, and atill more romarkable since he agroed to an ap- praisal of tho **plant” at a figure which is variously estimated by differont contraotors to bo from three to five times greater than its actual present valuo. Many persons exprous the opinion that the *‘plant” could not be sold to-day for $8,000, and yot the repre- sontative of the city said to have been specially recommended by the Mayor has ngreed to an appraisal of $24,687, If the Mayor did what is charged in this case, he ‘must take tho responsibility for the excessivo appraisal, and the Board of Public Works are only to blame for yielding to his impertinent interference, Tho appraisal works in this way : The suo- cessful bidder for completing the work gets an * estimate” of $10,000. The Comptroller is required by law to reserve 15 per cont of this for the protection of the city to agsure the fulfillment of the con- tract, Tho balance of the firat $10,000 will go to Messrs. Nonnis & Co. as part of the payment for their “plant.” 8o with the second $10,000 estimate; and so with the third. Thus it will bo necessary for every bidder to have a cash capital of $30,000 in order to take tho contract, aud go on with that much work before he recelves a dollar from the city. This will bar out a great mauy bidders altogether, and considerably lessen the competition, so that the city will of the work than it would if the work were open to all. The fact is that Measrs, Nos- n18 & Co., or persons representing them, are in the beat situation to take the ocontract, as thoy have practically s cash capital of $78,000, —$53,600 in money paid them because they falled to finish their job, and the ‘‘plaut” which thoy alone will not have to pay for. ‘They may be further rewarded by a new con. tract at oxtravagant fgures, It the version of this * plant” sppraisal which hias come to us is corrept, it is a dls. roputable proceeding throughdut, snd b s inouwmbent on Mayor Gouvix, if the report ls true, to explaia to the tax-payets of Chioago have to pay much more for the completion |, by what right ho used his official influonce to securo the appointuient of a man who oon- sented to such an appraisal, MORE CURRENOY NEEDED. A correapondent writes to us as follows ; T the Rditor of The Chicace Tridune : Ciicpao, July 18,—In roplying to my reasmns in favor of Gnaxt and a third torm, TnE TRISUNS Te- marks, smong other things, that * No explanation ta atvon how watering the currancy would give every- body emplogment.” This fe how : (1) Pay the .20 bonila in greenbacks ; (3) ropeal the National Banking law ; (3) and replaca tho Nationsl Dank notes which cost the people %0 much fu interest svery yoar with green- backs or non-intereat-bearing legal-tendors, and make the latter rocelvable for duties on imports (+) ax'woll an for all dobts, publicand privats, Inaddition to this, lot Congress authorize an onlargement of {he volume of legal-tendor papor at auy timo when the In- tarestsof tho country require it. (8) Abandon gold and ailver as currency, or as a basls thereot, (6) snco there 18 not enough (and not likely to lie) to redeem mors than one dollar in three or four of & necossaty amiount of paper money, L'apor based upon the necea- sities aud importance of commercs (1), repressntativo |, only of value, not value itself, s practicable, (1) and will prova to bo the Alphs and Omega In the region of currency, (9) When the morchant succeeds to an in- crease of sales bocalls nto nis servico & larger number of clerks, and providea more yard-aticka for measuring his goods. (9) Money siould be to balue what the yard- stick in to cloth—s measuro only. (10) 8o thot the dollar, like the yard, would be a logal and arbitracy standard measuring o}l values, (11) Tho presenca of ‘more clerks (s representative of businoes thrift, and an increase of our clreulating medium would show tlat duo importance ta attached to tho industries of the peapls, and that Lhe ability to employ everybody, or make employiment to all possible, would bo appre- ciatsd more than tho effort o mako moncy more val- uable by makiug it scarce, Oapkr WirtTLOUK, No. 873 Weat Adama strect, ‘This is » frank, honest, clear, and explicit interpretation of the Olio Democratio plat- form, carried to its logical conclusions, and of the resalts to which all of the infiation. ists, of whatovor party, are intelligently or otherwiso laboring. Bince the days of Jonn Law thero hns beon no such giant schome of intlation, cxtravagance, and speculation, to bo followed, as was Law's scheme, by wide. sprond ruin, repudintion, and prostration. Lot us oxamine it in detail : 1, Pay the 5-20 bonds in greenbacks, This will roquire an issue of some $1,200,- 000,000 greenbacks. To this thero aro two objections, which may or may not have any forco. Except the earlicst issue of 5-20 bonds, there is no portion of the bonded public debt which is open to any gnestion as to the fact that it is to be paid prineipul and intorost in coin. Of tho earlior issues, con- cerning which this requirement was denied and contested, the groat bulk has been ro- deemod by the substitution of the 6 per cent bonds, Another objection is that the orig- innl contract with the publio creditors wns that that there should never be more than 2400,000,000 of legal-tender notes outstand- ing. A third objection is that under tho decinion of tho Supreme Conrt the making of paper notes o legal-tendor was only legal in timo of war, a4 an extreme measure of natural defenso, ond would bs wholly Klegal in time of pence. 2 and 8. Tho abolition of thepNational Banks and of tho National Bank cir- oulation, and the substitution of ' green- backs therefor, the Intter to TO- ceivable for duties on imports, 8s well aa nl othor dues, {s but o proper measure {nlloTfing' the payment of the 5-20 bonds with groen- backs, The only defect in the proposed schome ig thot to pay the intercat on the & per cent bonds gold will be required, and to romedy this these bonda ought also to bo paid off in greenbacks; in short, the wholo na. tional debt should bo reduced to tho form of groenbacks, and bondhalding bo abolished and prohibited na n crime! Why should the Governmont pay one man interest on ita debt andnot paythe othern? In the grand loveling that is to tnko placo $hat thers may bo but ono kind of money for all classes, au interest- bearing bond will bo wholly out of place. 4. Having issued greonbacks in sufficidfit quantity to pay off the whole bonded debt, it may not be necessary, but still it would be in porfoot sympathy with the genoral scheme, to issne more gresnbncks, from timo to timo, os the intoresta of the country may requira. Tho intoroats of tho country should not be permitted to sufler for the more want of cur. roncy. 5 and 6, The abandonment of gold.and gil- vor s ourremcy, or osa bnsls thdteof, is n natural soquence of o national ourrency, which ia of itself made a logal standard of values. Horoln we can have a practical veri- fication of the theory of the modern school of financiers, that the gold engle doos not got ita value aa ton dollars because of the gold therein, but because of the Government stamp thereon, which reads: * United States +of America, Ten Dollars ; and that the sawe stamp put on leather, tin, or paper, would give to the latter tho same valwe. In this case, the Unitod Btatos, subatituting paper for gold and silver, of necossity will carroot the mistake by making the now issues ‘ promises to pay.” Money is not a promiss to pay ; it is payment. When the United States issae gold or ailver coin, there is no promise, implied or expressed, to re- deem it. Money noeds no redsmption ; it is pald and redeemed at evory transfer, and is 80 much proporty in the handa of the holdor. 8o the new issue of gresnbacks should bo money, and not promises to pay; and should bear the samo, legend stamped on the gold coln, * United Btatoa of America, One Dol- lar," the valuo stamp ohanging with tho de- nomination, lest same innocent perdon might pass a ten-dollar paper coln for one of less value, This paper money wonld need no re- demption, It would contain no promise to pey. It gould be money coined by the United States, each piece of paper, like each plece of gold or silves, boing stamp. od by the Treasury: with ita le. gal value. All trouble and care a3 to how the *‘cwrrency” was“to bo redeemed ‘would be obviated; the Government would pay it out na money, aa it does silver or gold coin, aund that would be the end of it so far as the Government is concerned. It being a logal-tendor, there would be an immediate payment of every debs, public and privata; and, as new debts would be payable in the same coin, thers would be no new debts con- tracted, and the people of the United Btates would present the grand and sublime spec- tacla of 45,000,000 of people, each with an nntold sum of money in his possession, and no man owing a penny of debt | and not able to coutract one ! 7. Oar correspondgnt aptly, perhaps, de- scribes such money as representative of valus and noj value itself ; being such, {§ would be exchangeable for representatives of value, and not for value jlself ; and the trads and -commefos not in 4alues, Lut in repre. sentatives of valus, would be in perfost harmony with ths grand American paper. coinage ! ‘We bave not space to follow our corre. spondent to the end. Hia idea of money witheut any valuo, of money corresponding 1o ths yard-stick, which would furnlsh evary msain the country with an abundance of bl withoud anything #0 measuse, v headly give emplopmhand bejabor. Labor roqnires compensation in value, not in tapo mensures, The circulation of coined paper would bardly stimnlate induatry or production ; after having served its office of paying dobts, it would requiro n ship-load of it to pay ono day's wagos of a snilor, We print this letter, not that it contains anything new or original, but because it is tho fairest nnd lonestest expression and statement of tho views, wishes, hopes, and objects of the various people who talk and write #o elaboratoly of paper money nndo a legal-tonder as the graud panncoa for all political avils. 1t is an sdmirable exposition of the financisl policy proposed by Ohio Domocrats, indorsed by the Democrats of Missouri, and by tho Ohicago Jnter-Ocean, and by various othor peoplo aud orgaus else- whore. A LABYRINTH OF CRIME, ‘When tho criminal school of novels first enmo into fashion, the scenes of the bloody story were usually laid in Italy, That coun- try soemed to have a mouopoly of murder and the lighter crimes. The bravo, with his long clonk and stiletto, and the brigand, with his steoplo-crowned hat and mysterious cav- ern, were ns familinr fignres in litorature as G. P, I James soon nfterwards made the solitary horseman. Of Iate, modern Italy lins como into such prominence that the rail- rond and the hotel-keeper have driven tho diligenco and the brigand out of' the popular mind. The court records sometimes show, however, that tho bloody pnssions of old Ttaly still run in ihe veins of her modern children. Tho investigation of the murder of SonzoaNo, the famous radical editor of Rome, has revenled a state of things for which it would b hard to find a parallal north of tha Alps. Sonzoono was the editor of Il Capitale, o rabidly violont paper. Ho rose mapidly into prominence, partly on account of the excel- lent advertisoment given him by the Pope, who excommunieated him, and tried toin- duce tho Itelian Government to suppress his journsl, He was nssassinated at his desk dur- ing tho lastcarnival. Romnn ecclesinstics did not fail to eall attention to the fact that ho was busy, when stabbed, in composing a vio- lent diatribo against Pro Novo, The ink was etill wet on the paper when his blood spurted acrosa the manuscript. 'Tho murdoer waoa not, however, as wna londly nssorted, the work of religions fanaticism. Its insti- gntor waa ' cortain LuciaNy, a liberal poli- tician and n recent candidate for Parlinmont. This man waa once a collengute of SoNzoaxo's, whoso onmity he incurred by betraying his wife. BoxzooNo knew somo secret con- nected with Luctant's life, by which he had kept him in subjeotion. The lntter, afraid that this scoret would now be revenled, do- cided to put his quondam collenguo out of the wey. Ilo hired two men todo it. The bargain was made for 6,000 francs. The con- tract waa sublet, however, on very advanta- geous torms, Thetwo jobbers in blood worked an ignorant laborer named Faezza into a fury of patriotio hato against Sonzoawo by tolling him that tho latter was opposing Garisavrpy, and that a trus Italian ought not s q‘plm— such a traitor to Italian progresa to 1live: Froezza occordingly did the job for nothing. His two ocmployers afterwards regdlyod 1,000 francs, in two £0D- ns % notes, from Luvomxr's mothor, m'hmmma to give them the ofigc#li,m ina fow days, When these facts had boon discovered, Fnxzza and his om- ployors confossed. Then a man was fouhd to whom Lucuxz had applied for a loan of 6,000 francs and from whom ho had got two 500-franc notea, A memorandum had been taken of the numbers of the latter, and one of thom was found in tho possession of one of the prisoners, At this point the police visited Luotanr's house. His motlor said ho woan't at home, Sho had doubtless forgot- ton that he wns hid in tha closot whero the policomen forthwith found him. Ho denies everything, but not o link is wanting in the chain of circumstantiol evidence that connecta him with the crime. The question then came up, What was tho socret which put Luorant in Soxzoano's power ? The former was the famous Ratazzi's private secrotary. Rarazzr died suddenly and suspiciously. ‘Waa ho polsoned ? His body has been ex- humed. LuomN: may have to swing for a doublo murder. L A BUPPOBED CASE, Mr, Lonzxzo RaxE, of Oswogo, 1L, writes us a long letter, in which he states a finaucial problem bosed upon a supposititious case dating from the outbreak of the War, We will endeavor to restata it more briofly, Ho supposed that A and B each had $1,000 in gold in 1861. A loaned his money at 10 per cont interest and enlisted in the army. B hoarded his gold for three yoars in anticipa- tion of a draft, then converted it into greon. backs when they had depreciated 50 per oent, in which he got 32, then invested the greenbacks in United Statea bonds, for one ; and has since been drawing gold interest, and can now receive his principal in gold if he wants to sell his bonds. A has boen drawing interest in groenbacks and will receive his principal in greenbacks. Br. Raxnk follows these two flotitious individuals through thelr varions experience, and finds that B's $1,000 in gold now representa §3,518 in greanbaoks, including principal and interest, or about 788 more than's $1,000 in gold ; and that it would take 525 dnys of A's labor &t §1.50 por day to moke him equal to B, while they started out even fourteon years ago, and not. withstanding A served thres years in the army and B stayed at home, Mr, Ranx's deduction from this stats of suppositions is obvious, He thinks evidently that equal justice demands that B's bonds shall be paid off in greenbacks as well as A's notes. We searcely bellove that an honest and intelligent examination of the hypothesia will justify any mch conclusion. In the first place, ke supposos & case that possibly never ooourred, and certainly not one smong ten thonsand. The number of bonds is very small which are held now by the same per- sona who bought them thirteen years ago at 50 per cont. In the next place, no consider- ation of law or justice demands that one ran, whose investments have been betier than another’s, ahall make the difference good to the latter, or give away bis surplus, Again, if any injustice has been done to A, it was done when the greenbacks were made a legal. tender by aot of Congress. This injustice has been universally hald to have been sanc- tioned by the necessitiea of the War and the exigencles of the mation. It ocould not be remedisd now by perpetuating the character of greenbacks ss lagal-tender when the ex- igenoies has pasmed away, nor by paying off the bondsin greenbacks when the bonda were sold under the express contrach that they should be redeemed in real monsy—not in mere promises. A greonback is culy a bond drawing no intarest, Would it be pay. mans of 8 band drawing gold interest to ten- tereat and no time fixed for ita redemption ? Our correspoudent, whoso emse wo have rtated, ausumes that the cntire mass of ont. standing bonda were sold at abont 60 cents on the dollar,—that is, that they woro sold for greenbacks when groenbacka were worth about balf as much as gold,—and that, it pnid in gold in. the ond, the holders will receivo in all enses abont twice as much aa thoy gave for them. This is whelly crro- neons. Tho bonds have always beon sold for tho highest price they would bring in the opon mnrket,—for all they wers worth at the time they wero sold. Along at tho first, the groonbacks which wont Jnto bonda wers worth nenrly par in gold. Several hundred millions of Londs realized tho Government from 09 to 00; other hundred millions real- izod 90 to 80; then other millions 80 to 70, and so down to 50. Then as the prospects of the Union causo began to brighten and the Gormans cnme forward and bought, the amonnt realized stondily incrensed to 60, to 70, and up to 80, before they wore all sold. ‘The averago amount realized on the wholo insuo of bonds was about 734 por cent in gold, I Mr, Rang will figuro np the investment of his man B at this general averago solling prico of the bonds, ho will find Le did not make as much as his other man A, If wo wero to undertake to moto out equity to every man who purchased bonds on the plan suggested by owr correspondent, it would be necessary to ascortain the precise date of purchase and the fractional valuo of groonbacks at that particular moment. Aloro thnn this, it would be npecessary for tho presont holders of the bonds to enter into an agreoment to sell back to the mén from whom they purchased at the price they gave; this system of oqnitablo exchange would have to extend all tho way back through nlong succession of buyers and sellers, until we ronched the man (who is vory likely dead and wholo heirs cannot be found) who originally bought from tho Government, Wo think our correspondent will ndmit that this would be o somewhat difficnlt and compli- cated undertaking. The outstanding bonds nro how largely held by incorporated bodiea at home and by the peopla of Germany and Great Britain. Hundreds of millions of dollars aro held by sovings banks and private bankers ns n socurity for thelr doposita. The National Banks own nenrly $400,000,000, deposited in the United States Treasury ns a sccurity for thebank-notos they have issued. Thoinsurance ccmpaniesholdalargequantity for the security of their policy-holdors, The German people bought hundreds of millions of thes 520 bonds at a time when it was extremely doubt- ful whother the United Btates Goyernment would ever be in a condition to pay them or not, and bought them under the explieit con- tract that they should be paid in money, and not in other promises-to-pay. Bhall these classos of peopls bo botrayed, sold out, and swindled, becanse thoy ventured their money whon other mouoy-lendors wero afraid? Aro investors to bo choated now bocause it hap- pened that the Union was saved by their timoly aid? The theory which Mr. Rixx advances hath an anciont and fish.like smell. 'Wo first heard it away back during the War, whon it wns frooly advanced by men who wero called % Copperhoada " in thoso days. It then camo up in the shape of & hobby npon which to ride the Presidency. rolying upon the supposed dishonosty of the American people PexprLrroN, of into Ohio, bought for the success of his repudiation scheme. At that time it was vigorously supported by the Chicago Témes, which had as much faith a3 Mr. Pexprerox in the treachery and dis. honeaty of tho peoplo. Both found them. golves mistaken. It is too old a delusion, and has been exploded too frequently, to de. colve anybody sgain, The simple and honest statemont of the case is, that the American nation contracted to rodeom ita obligations in gold,—thé monoy of the world,—and sold its bonds under this contract for the highest price which its promiss would then bring, To redeem them in ** greenbacks* wonld be to foree tho holders to exchange an interest- bearing note for a non-interest-boaring note mndo by the samo party! To continuo greenbacks for sn indofinite term of years ng alegal-tender, and not to redecm ‘lhum in money on demand aa they call for, nor to fund them into interest bonds, will be & prima-facis evidence of impending bank. ruptoy or of dishonorable repudistion. The plan which Mr. Raxx suggests as an equitable adjustment would, therefore, invalve the American nation at onco in dishonor and in. solvenoy. Wo should hear mo more of it. THE FRENCH BELIEF FUND. TRecent events in Franco suggest o very practioal and meritorlous plan for the dispo- sition of the Fronch Belief Fund, which has been laying s0 long and acoumulating inter- est in° New York. This money, obtained from the'sale of pleturos painted by Fronch artists, was forwarded to this country for tho reliof of suffering artists in Chicago after the great Sire, but by the time themoney reached the New York Commission the object for which it was intended no longer existed. Our artists wers no longer suffering, Those who oould do s0 had gona nway and set up thelr easels in other citles, and of those who remained some wers ablo to support them- selves by work, and others hsd apcumu. lated sufficleny by thelr past labors to tide themselves over their difftoultice. Hence the money has remained in New York unapplied, and, with the interest accumu- Iations, has reached a very handsome sum,— between $80,000 and $40,000. Bince the time that the Rellef Soolaty notified the New York Commission the money was not needod here, an effort has been made to obtain it for tha Academy of Desiygn, but without success. The bolders of the fund rightfully decided that they could not apply to the eathetio pur- poses of an incorporated ioptitution money which waa donated to rélieve individual cases of suffering, growing out of a specific cause, without obtaining the consent of esch of the original donord. This was, of course, im- posaible, a1 many of them had gone away, some hed died, and others could not be found. Now comes the news that a great fiood has devastated the Dopartment of Haute-Garonna in Bouthern France. According to some au. thorities 8,000, to othera 4,000, lives have been lost. Large towna and little villages have been laid waste, and a considorable por, tion of the old City of Touloyse has beon de. stroyed. The people of this department do- pend for their subsistence almost entirely upon sgricuttural labor, and found themselves in a single night with their houses and barns and implomenta destroyed, their stock killed, and their cropa ruined. Millions of dollars’ worth of property waze thus dastroyed, wom- en agd children are left withont thelr natural supporters, and other thou. sauds find themselves thrown upon the world: withoud money or resources of any Aas the holder soothur boud Siawing oo b | duiaription, Mo wids-spasad is. this sutlaring thed the French Governmont cannot roliove it entirely, but has beon compellod to appeal to the world for nasintance, 'Tho Relief Fund of which wo havo spoken wns douated at [y time when Franco wns in trouble. Tho Gaer. mang had not given up thoir occupation, and Paris was virtually in o state of sicge. It was an act, thorefors, of peculiar gracoful. nesn and gonerosity, and, na the object which tho donors had in mind no longer oxists, would it not bo a fair return to sond this monoy back to Frauco for tha roliet of the Garonne sufforers? Thero 3. no way in which it can bo used in this country, It was o fund sot apart for A specifie purpose; and eannot bo divorted to any other purpose with. out the consent of the original donors, which cannot now bo obtained, Both common courtexy and charity therefore suggest that this money which onmo from Franco to ro. liove sufforing which does not mow oxist should go back to France to reliove sullering which does now exiat. ———— BTATISTICS OF THE UNITED BTATES, We are indebted to the Intemsor Depnrt. ment forn copy of the **Statistical Atlas of tho United States,” based upon tlae census of 1870, nnd prepared by Prof. Faanom A, WaLzen, of Yalo Collego, the Briporintondant of that consus, Like most good; things, thig book is o growth. Tho exprrience of fiva years in statistical atlas-making has beon brought to boar wupon it, and the ro. sult is romothing as apparently ncar per. fection a8 anything -made /by men can bo, Too much praise cannot ‘be given Prof,. ‘Warxen and his asaistanta.for tho caro, Bona fus, and skill shown in t'as work, » It is to bo hoped that a publio odi'4on will be issued at o fair price, 8o that private libraries through. out the country ean b enriched by copios of this invaluablo atlas,, Tho book opons *with articles of general in. torest on differcrat fontures of the United Btates by somo e tho foromost sciontists of the country. "hese aroillustrated by a sories of bonutifullysozecuted maps, prapared by Mr. Jutrus 731ey, who is probably the best map-malor ‘m Ameriea, These charts cover all manner of facts,—the river valloys, the distributicm of woodland and conl-mines, the woather, the geology, comparntive elovations, tho successive acquisitions of torritory, the coloredl, foreign, and native white population, illiteracy, woalth, indobtednoss, taxation, agricultural products, births and deaths, par. tivular disenses, idiooy, insanity, and %o on through n generous string of et-cotorns. The charts ghow very many interesting focts. Wo seloct some of local and othors of general intorest. Tho woodland and rain charts justify all that has boen snid in disparagement of tho interior degorts which the Northern and Bouthern Pacific Railronds pretended wers lands of unsurpassed fertility. They stretch in dreary whito across the map, marked e} the minimum standard of wood and water, The rain map shows that the superior fortility of the vicinity of Salt Lake City is not duc, 88 80 many poopls have anid, to Mormon or:- orgy alone. It recoives moro rain than any other spot for handrods of miles around. Tho chart of mean temperaturs fails to show the * tropical belt " of which Northaia Pacifio sdvocates have had so much to say,— unless, indeed, a tropical climato belongs to a region in which the thermometer va- ries from 90 dogroes and 7 minutea above to 20 dogracs below. The latter temperature ‘would rather discourage banana-growers. The colorod population is clustered most hoavily, of course, at the South, but Nort'. ern citics aro darldy shaded on the map, There aro over 26 negroos to tha squaro mile in Chicago, but thoir proportion to the ‘wholo population s only 7 per cent, while it is ovor 60 in parts of the South. Tlitoracy cofncidos protty closely with the distribution of the colored people, but the next ocn. sus will doubtless show & marked difforence in thia respect. Illinois makos agood appear- anca in the map of illitoracy. “Egypt” isa drag, inasmuch as from 10 to 20 por cont of its population nbove 10 years of ago'cannot rord, bat the proportion sinka to less than 12 per cont in Central Illinois and toless than & in the northern part of the State, The southesst- ern corner of Tennesseo has tho moat ignornnt edult white male population ; 60 por cent ean. not write."Sonthern Missouri is tho noxt most stupid soction. There is astriking coincidence between the charts of illiteraoy and poverty. The most intelligent seotions are the wealth. fest, The foreign population is almost exclusively confined to tho North and %o a strip of ter. ritory in Texas, The larger cities of the Bouth contain s small proportionof foreigners, but nine-tonths of that soction have less than two foreign.born citizens to the squaro mila. Over 84 per cent of Chicagoans are foroign- born, and over 60 per cent are of foreign parentogo. Small charta show tho distribn. tion of particular nationalities, **A north and south line drawn through Buffalo will leave sbout two-thirds of the Germans to the wost end an equal proportion of the Trish to the east; & north and south line drawn throngh Lake Michignn will leave four-fifths of the British Amerioans to the east, but nine-tenths of the Swedes and Norwegians to tho west.” The map of publio indebtedness is n strong argument in behalf of munioipal reform. It consista mainly of & number of dots, which oolncide with cltles, shd grow dseper in color with the size of the city., There aro, how- @vor, some unfortunate rurnl dlstricts, The railroad-aid bonds stain many Illinols aud Missonr counties on the chart, The tax-mep {follows this one faithfully, Chioago in dazk. 1y stamped on both. The atlas shows that a person who wishes to ba born had better move west of the Mix #lsalppl. Ho Las the best chance thare, for the birth-rate is heaviest in that section, The Eaat I increasing in population very alowly, while the Bouth is gaining rapidly, Itisa noteworthy fact, however, that the birth-ralo is at the minimum in those sections of the Bouth where the colored population fs most dense, Will the negro die out? Disenscs seom to bo pretty falrly distribut- od. The Bouth is the homa of mal aris, but it is comparatively fres from consamption, which marks the New England States and the Upper Mississippi Valley in blood-red. It ia pousible that the heavy consumptive deathrate In the valloy is partly duo to the number of dying patients who go there too Iate in search of health, but a glance at this map shakes confidence in the effloscy of Minnesota air aa & cure for consumption. Fover beatows its carses quite impartislly. ‘We regret to say that idiooy inoreases moe rapldly in Tlinois than in any other State, though Indisna follows closs upon us ssd haa » greater absoluts number of idiots than we have. BSince the census was taken, bow- svar, linols has becoms & hard-money Btate, o that idiocy must be now on the ds clins, 2 . prepared Yo uakzsia Pred Wit e o, s yoog of 64 b

Other pages from this issue: