Chicago Daily Tribune Newspaper, August 18, 1875, Page 4

4 THE CHICAGD TRIBUNE: TERMS OF THE TRIBUNE. BATZA OF STTACRIPTION (PATANLR TR ADYANCR), Pantage ctivo agent in ench town and villags. Bpecial srrangemonts made with auch, Eprcimen coplen sent free, To prevent delay and miataken, be sure and give Poat-OfMce address in full, including Statennd County. Remitiances may be mads efthor by draft, exgress, Fout-Office ordor, or in regintered lettors, at our risk. TERMA TO CITY AUBMCTIDERA, : Dally, deltvered, Bunday excopted, 273 conta per week, Datly, delivered, Buniday fucluded, 30 cents per week, Address TIIE TRIBUNE COMPANY, Carner Madison and Dearborn-sts., Obleago, IiL TO-DAY'S AMUSEMENTS, CMICAGO THEATRE—Clark street, between Ran- @0l and Lake, * Tom Fenryn.” UQOLEY'S THEATRE—Randolrh street, Letween Clark sud Lafialle, Engagement of Jobn Dillon, “Bure,” Afternovn and ovening, * ADELPNT THEATRE—Deathorn mrect, corner onroa, Hand and Glave.” Afterncon and evening, "BOCIETY MEETIN TEBPERIA LODGE NO. 411, A, F, & A, M.—TRegn- 1ar communication thin (Wednesday) evening, .\u;‘. 18, at Masonic Temple, cor, Randolph and Halated-ate, THIND DEGILEE. \'u!lh\ul’:‘rlthrvnrnn vited, CIIAS, F. FOERSTER, Boc'y, BUSINESS NOTICES. COLOR ATTRACTS THR RYR MORE TIAN form, ‘and honou a {aca with but fow natural attraciions Lesoinar, when clathied with cumplezias] lorulic **Tatrils oo of Yauth,” tho sduwirod of all obegrvors. Bold by all draggists. The Chicags Tribune, ‘Wednesday Jforning, August 18, 1875, Greenbacks, at tho New York Gold Ex- change yestenday, opened aud closed at 883, with transactions in the interim at from 88} to 88}, Misfortunes never como singly. The tel- egroph that announces Butien's plan for 1 loosening tho people financinlly conveys tho nal at 2 for corn to Dnfalo, Flour wns quiet nnd unchanged. Whent was active, and 14e higher, closing at $31.19 for August and 31,17} for September, Corn was active, and 11e higher, closing at 67fc cash and 68} for Beptember. Onts were active, and 1o lower, closing at 39}c for August and 36}o for September, Rye was quict and ersier at or September, Barley was quiet, and 2 @ite Ligher, closing at #1.08 for Beptember, Hogs were quict and firm at 100 advance, Snles chiefly at 37.60@8.00. Cattle were dnll and unchenged. Sheep ruled steady. On Saturdny ovening lnst there wan in store in this city 821,712 bu wheat, 2,744,819 bu corn, 92,881 bu oals, 5,221 bu rye, nud 4,288 bu barley. Ono hundred dollars in gold would bny £113,00@113.12} in greonbncks, The melancholy mystery surrounding the fato of the Lalloonists who ascended from Chiengo five weeks ngo and started upon a mid-air voyago neross Lake Michipnn has been ot last portinlly clenred awny. The hody of Mr. Gnntwoon, the Journal reporter who nccompnnied Prof. DosarpsoN on his peril- ous cxpedition, has been yiclded up from tho depths of tho lake. Upon a lonely bench along the eastern shore, near Montagne, Mioh., the remnins of Grirwoop wore yestor- day fonnd and identified beyond question, Thus is verified 'f'ne Trinuse's theory, ad. vanced within forty-cight hours of the depart- ure of the balloon, that the reronnuts wero dnshed violently into tho lake by the ter. rible storm which came upon them about midnight. There is no longer room for doubt that the two men were drowned, and the bursted life-preserver found upon Gnr- woon's body snggests the probability that he eithor lenped in the black night from a con- siderablo elovation, or eclse was violently hurled upon the water by n sudden blast of the hurricano, The Iatter mupposition is strengthoned by the fact that DoxaLpsox's body has not been recovered. IHis place in o time of great danger would be in the net. work near the valve, and a sudden plunge of the balloon would find him entangled in the rigging, thus to be dragged down and held at tho bottom wheu the balloon sank. distressing intelligence that 100,000 watar- 1elons were reccived in Baltimore yesterdny, aund that Chicngo and Cincinnotl are to be the victims of this inflation of the cholera- morbus circulating medium. Temporarily the effect will of course be agreenble, but the timo of panio and collapse will surely como. The many friends and admirers of the em- snent tragedian, EpwiN Boorn, will be gled to learn that the injuries received by Lim in his recent enrringo nceident aro not fatal, ns was first reported. Mr. Boorn suffered the fracture of his elbow snd of one rib, and in 0 fow weeks, it is stated, will be about again a3 good 88 now, and ready to resumo his pro- {feasional career when the season opens, Mr. Boorn has oceupied so high o place, not only a8 an artist but 63 a gentlewan, by his spot- Loss personnl character, that be aud his little Chicago wifo will receivo the most Learty congratulations at his escape from what scemed at first a most terrible accident, not only from their immediste friends but from the entiro public. Attorney-General Epsar hos furnishod the State Board of Equalization an opinion as to the proper construction of Sco. 3 of tho Rev- enno law as nmended by the act approved April 10, 1875, reloting to tho valuation for taxable purposes of tho franchiscs, priv- ileges, and other intangiblo property of corporations. Tho Attorney-Genoral in- structs the Board that the menning and in- tont of tho etatute is that tho property of corporations, tangiblo or intangible, shall be nasessed the same as the property of individ- wuals,—at its fair cash value; and that .o strictly uniform rulo should be observed in referonco to individunls and corporations, .and thore should be no unfavorable discrim- ination against tho lnttor in assessing their property for taxation. With this principlo Plainly in view and impartially adhered to, it would seem that tho Doard of Equalization might successfally grapple the vexed ques- tion of taxing stock and valuable franchises. Benator TnunsaN has freod his mind in re. lation to Olio politics, and tho fact that Lis views wero expreased in conversation instend of a set speech ndds intorest to the matter. Privato feclings ond publio utterances are often far apart in politics, but it will surpriso 10 ono to learn that Mr, TuurMax is thor- oughly disgusted with his party in Olio, and that ho predicts, cxpocts, and dosires a Ro- publican vietory, His sentiments with ro- gard to 8ast Cany, whom he heartily des- pised ; his views on financo ; his feeling of enmity toward the ‘“‘meddling priests” ,who have forced the Democrats into a false position, aud en nititudo olfensive | to thoso who would prefor to keep religion ! out of politics,—all are antagonistic to the declared policy of the Ohio Domocracy; and Mr, Trunsan's molancholy failure to swallow r(.l.\o repulsive dish ot before him by the y!Jolnmb\m Convention i growing more and . moro apparént. The poor man's stomach {turns against it, and his trip to Californin, ‘where the farc is moro to his liking, comes none too soon. The Chicago Z'imes corrospondents appenr to be having an unpleasant experienco in varlous paris of tho country, At Knoxvills, Tenn,, one L. T. CoreraND was treated ton uniform of tar.and-feathers by an indignant community, who took this disagrecable mothod of demonstrating their sppreciation of Corerann's talents as a corrospoudent. He bhad sent a telegram to the 2imes outrageously defaming the late ANDREW Jous- soN, Whoss deatlh he attributed to the exces- sive Indulgence in whisky, and assort- ing that a womnn in Greenville had com- mitted suicide on Mr, Jounson's acconnt. Not content with thus aspersing the dead and har- rowing tho feolings of tho mourning relatives nnd friends, the Zimes correspondent felt called upon to manutacture a lio in referonce to the ex-President's religious belief, asseri~ ing that he was an absoluto infidel. Added to all this, CorerAND was identified as o con- fldonco-man and swindler, and his combiued outrages at last exasperated the people to the piteh, and the tar, above-mentioned, Anoth- er person connected with the Z%imes staff of correspondents, ENaanox by name, is **wanted " at Titusville and other cities in which various hotel bills remuain unpaid. Tho Chicago produce arkets were steadier yesterday, with a stronger feeling in grain, Mess -pork was quict and firw, closing ut $20.85 cash sud £20.80 for Octoler. ILaxd waa quiet and finu, closing at $18.85 cah and $18,50 for October. Meuts wero quist und u shade easicr, 6t 83@8Jo for shoulders, 12{0 for short ribs, and 12]o for short clears. Highwines were active, and jo higher, at 25,10}, Lake frelghts were dull and nomi. UNCONSTITUTIONALITY OF NEW ISSUES OF LEGAL-TENDERS, At the time the Supreme Court was first called upon for a decision of tho questions arising under the Legal-Tendor ncts, tho question was whether a contract made prior to the dato of theso ncts wns satistiod by a tender of greenbacks. The Court decided thnt the Legal-Tender acts applied equally to contracts existing ot their date as to those made therenfter; and that the clanses in tho acts of 1862 and 1863 wnking United States notes logal-tender in payment of all debts, public and private, were umwarranted by the Constitution, The Judges concurring in this decision were Crasg, Chief-Juatice ; Newsox, Gniee, Crrrronn, and Fixrp, The dissenting Judges were Justices Bwayxe, Minnkn, and Davis. Judge Gz resigned ot the same term of the Court, and Congress increased the num- ber of Judges to nino, Judges StroNa and Brapiy were appointed to fill the vacancies, A mjority of the Court ns reorganized or- dered o reargnment of tho legal-tender cases, and o majority of the Court reversed tho decision, holding the Legal-Tender aots valid, The majority of the Court which af- firmed the constitutionality of the Legnl. Tender ncts was composed of the newly- oppointed Justices, Srnona and Briprey, ond thoe threo Judges who had dissented In tho first case. The other four Judgea hold thnt the ncts were not constitutional, In tho lnst easo, in which the Legal.Tender acts ware sustained, opinions were delivored in tho affirmative by Measrs. Bnaprer and Brnono ; JusticosDavis, Swayng, and Minren morely concurring in the jidgment, they hav- ing deliverod their opinion in the first case, In that first case they placed the constitu- tionality of tho Logal-Tondor acts upon the following ground : That the power of Congress was founded on tho genornl grant of authority *‘to make all lawa which shall bo necessary and proper for carrying into excculion™ the powers di- rectly granted to Congress. This pewer to yoko paper a legal-tender not being one granted or denied to Congress in expross terms, then was it necessary and proper at tho time it was onacted for carrying into exc. cution any oxpressly-granted power? Among the known powers ara those to declare war, ‘borrow monoy, support armies, ete. At the time of these acts this country wua at war; all the ordinary meaps of rendering eflicient the powors of Congress had beon employed ; the spirit of tho Robellion was unbroken ; the credit of tho Governmont was nearly exhausted; taxation was inade. quate to pay even the intorest on the exist- ing dobt; a general collapse of credit, of payment, and business secmed ingvitable, in which faith in the ability of the Government would have boen destroyed, the Rebellion wonld have triumphed, tho States beon di- vided, and the people impoverished. The Nutional Government- would have perished, and with it the Constitution which the Court wns then construing, **Congress,” said Judgoe Muuzen, “‘waa called on to dovise sowme new weans of borrowing money on the credit of the nation, for the result of the ‘War was conceded by all thoughtful men to depond on the capacity of the Govern. ment to raise money in amounts pro. viously unknown.” And, spenking for himsolf aud Justices Bwavnz and Davis, he added: ¢ That the Logal-Tendor act provented those disastrous results, and that the tender clause was necessary to pro- vent them, I entertain no doubt.” After an argument to show that no other means wero open to Cougress to weet the exigency, he slates that tho Legal-Tender ects wero * placed cwophatically by those who enncted them upon their necessity to the further bor- rowing of money." 1t was done reluctantly, and only after * the necessitly had booome jm- perative.” The debates of the two Houses of Congreas show that ** on this necessity alono could thia clauss of tho bill have been car- rled, and they olso prove very clearly thoe existonce of this necessity” « Certainly » o this law wus o necessity in the most stringont sense in which that word can be uged.” * Can it bo eaid that this wns not among the cholce of weans, {f not the only means, which wero left to Congress to carry on this War for the national existonde 1" Here, then, is the view of thruo of the five Judges who maintained the constitutionality of the Legal-Tender aots, that these nots were “necessary " ut tho time thoy wore enacted, it not in fact the only moauns left by which Congress could borrow 1oney and carry on the War for the national existence, In the second case, Judge BTRONO main- {nined that the Legal/T'ender acts, ou the sround that they wero passed under an aux. iltary powor, authorized any act * necessary and proger” to theexercise of the known pow- ors of Uongress. In consldering whether tha Legal-Toudor act was an spusonriate instru- WEDNESDAY., AUGUST 18, 1875. mentality for the exacution of the power to borrow money, ete., and spenking for the Court, be said : Tlainly, to tbin inquiry a conaideration of the tna when they wers enacied and of the cirenmuiances fu which the Gavernment then stood 8 Important, It i niot to be denfed that acts may be sdapted fo the exer- clae of lawfal powar, and appropriste to t, tn seasuns of exigency, which vould bo fnappropriste at othor Umes, Mo then pictured the condition of the country at the time,—~the empty Treasury, the inability to Lorrow, the absence of all credit, tho overhanging paralysis of trade nndd of business genevally, threatening a loss of confidencs in the sbility of the Govern- ment to maintain ite contivued existence, and declares : 1t wan at anch & time and in wuch circuma’ances that Congrexn was called upon to davise means for mafn. taining the army snd navy, for aecuring the large sup. ylfes of money needed, and, fudecd, for the preserva- tion of {he Government crested by the Constitution, 1t wan at such a time and i such an emergency that the Legal-Tender act were pansed, Ho =oid further that the Court was satisfied that no other measuro ** could have met the exigencies of the cnso at the time tho Legnl- Tender ncts wero passod.” The exigency ex- isting, the end sought being legitimate, and the means employed being necessary to ac- complish the end, which in this case was the national preservation, the Legal-Tender ncts were warranted Ly tho Constitution, The fifth Judgo, Justico DrapreY, who affirmed the Legal-Tendor acts, concurred in the views of his associstes, and added thereto, as emplinsizing the consideration of necessi- ty, the following : 1t follows s anoiher coroilary from the views which I bave expremed that the power to make Tressury- notes & Jogal tender, whilst & mere lncidentsl oneto hat of issuing the notes thomuelves, snd to one of thn forms of borrowing mioney, s nevestheless 8 power niot 10 be reasrted fo except on extraordivary and press- ing occastons, such ax war or other public ergencies of great gravity and importance; and sbould be no longer continued than all the circumatances of tha case demand, It will bo scen, therofore, that all the Judges of tha Supreme Court who held the Legnl-Tender ucts to be constitntional placed that decision on the ground of a great na- tional exigency, in timo of war, for money to preservo tho Government and the Constitu- tion, when all other means had been ex- hausted, and when such an amount of money a8 was needed could mot bo obtained in any other way, Whers is tho great national emergency at thia time for an issuo of legal tonders? The Treasury is overflowing; the ordinary taxa- tion produces & surplus of revenuo; pence instend of war prevails; tho army and navy aro reduced to & minimum of expenditure; the banks and privsto enpitalists hold an nn- precedentod amount of moncy awaiting in- vestment; the national eredit is so great that the Govorument hay canceled $300,000,000 of G per wwnt bonds by substituting therefor bona bearing only & per cont intercat; the nonthly retioment of a portion of the nntional debt hins Leen continuons for ton years, except forn few months sncceeding the panic. In this clianged condition and nltered circumstances, the Courts will laok in vain for the overshawdowing necessity for o now issue of legal-tender notes ns o mosns to enablo the Governmont to borrow money to carry on o war to preserve the national oxistonco! In thelight of the decisions of tho 8npreme Court afiirming this power cx- clusively as *‘necessary and proper” to the exercigo of tho known powers of Congress to borrow money, and carty on war, and for the common defense, it will be n bold man who will affirm that o new issue of legal-tender notes at this time will command a judicial affirmance. That the now issue will bo declared uncon- stitutional by the Conrts is as well under- stood as it is desirod by the leaders in the new movement, is hardly denied. The cnd thoy seck is tho abolition of the National Bonks, tho jssue of more legal-tenders, the doclaration by the Courts that the latter are illegal, ond the re-establishment of Stato banks, and a rofurn to the robbery of the country by wild-cat and red-log banka char- tered by State authority, THE OITY’8 FLOATING DEBT IR 1871, 1t is somewhat difficult to underatand what ‘W, F. 8roner means by his persistont reitor- ation of the falsehood that * Josern Mepmin began the ecreation of tho unlawful city debt in 1871-'2." Iu his inaugural messago to the Common Council, Deo. 4, 1871, tho following figures, furnished to him by Comptroller Geonoe Tavrom, who was appointed by Mayor MasoN, shows whother the new Mayor # began tho croation” of the so-called *‘un- lawiul debt": Cortificates of indsbledness, Unsettied claim for deepon axcean of thio §3,00,000 suthorized by law, Gurrent expensos for Novomber unpall Tunnel balance aud otlier items, Total, WBOUL.ouevseie Thera stands (o {16 credit of Variows special s folowing unszpuuded Lalancoa ‘Water fund from saje of bonds. Sehool bullding from s11aof 1os Bpoclal ausessmant collected (bu Bridoweli tand from vain of bonda. Reform 8chiool fund, From thewo apecial funds (ho ity ‘Govorn. ment hwa temporarily drawn for payment of curront expensos. Tlance on hand Deo. 1, 1811, Tlio Commion Councll, at u late meetlid, ap- propriated $110,0000f the wator fund for Fopairs of tho burnt Water-Works and ex- tcusions of this mal) hich, when expend. ed, would leava in the City Tressury ouly, Tho Comiptrolles eatimted the genvral oxe rcnlnl for tho rumaluder of the fscal year 0 ADTIL 1, 1873, Biuvesserresorseseenerss 81,141,000 It is thus scen that on the dny Mayor Meorwn ontered upon his official dutics the “foating debt" nsstated to him by Comptrol- ler Tavron was $086,707, sud the spacial funds had been drawn upon to tho extent of 1,144,180, innking togethor what the 7'imes calls an *‘unlawful debt* of 31,830,803, ‘This sum dces not {ncludo about $250,000 then due the Gas Compsanies, nor the $50,000 borrowed from the Ilelief and Ald Society a fow days after the Fire ; nor dosa it embrace all that wos duc to contractors and as re- bates on speclal assessments, All of this debi except about $350,000 was created bofore the Fira, and that amount was added to it during the six or seven weeks that intervened botwixt the Fire and the be- ginning of the new Administration, Bronxy says * the law makes it unlawful to trapsfor or use the funds appropriated for one purpose to or for any othet purpose,” Tho new Mayor found $1,144,186 of the ape- cial funds * transferred and used” by the proceding Adminiatration in payment of gen. eral oxponses, and 8ronxy must look to that Administration for an explanation or justifi- cation of it, and not to the then incoming Adninistration, — Gen, BoTres bs so far recoverad from his recent sovore attack of Erin-go-bragh as to be able to write s lcttor to the Logal.Tender Club, of Now York City, regretting bis ina- bility to be present and deliver a rag-money address, The letter, however, partly cowm- pensates for the enforced absonce of tho Mas. sachusotts stateaman, What lime he is not eogrossed in the glorious labor of subatitut. 630,307 funds 807,941 382 433,407 45451 90,00 712,180 ing Treland's greon flag for America’s Stars ani Stripes, Bureen ia in sympathy with the movemont to hoist the preenback hanner as the national emblear, 1L wonid not bo Bumien I Le failed te come forward with something stunning. Now itis that thore aro 2,000,000 men and wonen who have been idla for two years, and that, as each would bave earned $2 per day for tho past year, thero hna beon & loss to the nation of $1,200.000,000, all owing to the searecity of greonbacks wherowith to pay thoso idle work- men, It Is important to be informed just how many irredeemable paper dollars we Inck toset evorybody at work and make things lively right off, and Gen, Butszn has kindly wpecitied the exact sum needed for ono year's prosperity—viz. : $1,200,000,000. When this shiall Linve beon issued and distributed gra- tuitously among the needy, it will bo time enough to determine futuro additions to the volume of the currency. Let ua bo thankful that BuTLes in explicit, and gives figures and amounts, Now wo kuow whore we aro, —_——— BALE OF A RAILROAD. The enle on Monday of the Rockford, Itock Island & St. Louis Railway under a decreo of foreclosure by the United States Court pro- senta a striking illustration of therecklessness with which railronds were built on eredit in this country a fow years ago. This Company owed to its creditors $9,000,000 borrowed on bonds, which, with interest to the timo of salo, nggregated over $11,000,000, Thoro was in addition a floating debt for supplies, 1abor, and ourrent expenses, and for costs of judicial proceedings, smounting to perhaps $400,000. 'Tho rond, property, and franchise sold for 1,325,000, which sum is to be divided nmong tha ereditors, the bondholders receiving about 7 cents on the dollar. p Thisrond waa extensivoly subsidized. The towns, cities, and countics which were en- trapped into voting aid for it, with the amounts voted by ench, are as follows: Total Land BULACEPUON..vssresssres s 81,004,000 Tlieso municipal bonds were paid over to tho Company in exchange for capital stock ! The bonds were pnid to the construction company, and their proceeds was probably all tho oash subscriptions contributed to the construction of tho rond. Al elso was ob- tained from tho salo of the Company's bonds, and theso were sold recklessly and at con- siderable sacrifico. It appears that o large number of ke bonds were given away for supposed ‘‘influonce” in their favor, and of the proceedsof those actunlly sold there wero largo tolls taken by cortain persons. Tha debt, aud of course the capital stock, have been sponged out. The stockholders aro but a fraction worso off than the bond- holders, 4o far asa roturn of investment is concorned. All these municipalities are pay- ing interost on their bonds ot & rate ranging from 8 to 10 per cent interest, and their stock is gone where the woodbine twinoth. Many of those municipalities are but poorly able to pay this debt and suffor this loss ; the cournge with which thoy tax thomselves to poy tho intercat and provida for tho principal is worthy of all commendation. The general rashness with which these subseriptions wore voted before the new Constitution could stop it, wag only oqualed by tho coolness with which the operators borrowed other people's money and divided it among-themselves. RESPONBIBILITY POR THE VENDETTA, The Massac (IlL) Journal, edited by the Hou. B. 0. Joxzs, membor of the State Leg- islature, gives n very conciso history of the attempted legislation last winter relating to the Willinmson County disturbances, which sufficiontly locates tho reaponsibility for tho failuro of that legislation. Wo take from the articlo in quostion the saliont points of tlis history,: ' Tt 1a wll known that at tho last scssion of the Legis- Iature we, after counseling with Gov, Bzvsmidaz, in. troduced a bill for auact directing the Governor to take such atepe s, In his judgment, he thought noces~ wary for the arrest and punlshment, aftor conviction, of persons charged with crime in the Conntics of Wiilismeon, Prankiin, aud Juckson, and sppropristing $10,000, or 80 much thereof as msy bo necessary, for the purposes of the act, It should also bs wall known that, In spito of all cxertion, this il fafled to ho- come alaw, 1t waa referred, reported back, re-referred, roported back with amendment, mado a spoclal order, postpaned, placed on fle by sections, recommitted, ro- ported back with Tecommendation that “it do not pass," conaldered by sections, ordered engrossed, and, finally, when the scsaion was over und It waa too late for the bill to go through the Senato, it was passed by » strict Lopublican vots, sided Ly some Bouthern Démocratio members. Thisia s Lripf bistory of the bill, Leading Democrata aud Independents vied with each other in thelr opporition to It, Jamves, the Bpeaker, left his chair, took the floor, and exhausted periiamentary tactics sud legal scumen In opposiug it Croxxmire (Indepondent), Pangxs (Tudependent), HaLtxy (Democrat), McCoy (Democrat), aud nearly all tho otliers, opposed it, while the Republicans, ever truo to the principles of law and order, atood solidly tor 1t Thig locatea the logislative responsibility for the condition of things in Williamson County on the IHon, E. M. Haines and his confederates. Had the Demoeratic members of this Legislature, under the leadership of Haes, voted for the bill, the bloody busi. ness might have been stopped,—at least there would have been legal authority to expend money in an effort to stop it before this late day. The Governor has without doubt acted very elowly in this matter, and Tue Cuiosao Trrsuse and other papers Lave tried to urge hiw on to sharper action, but it does not be- come Domocratic newapapers to be conspic. uous in their censure of him for pursuing the very course the Democratic party wanted him to pursuo, They at least should malntain a discreet ailence, since they ave rvesponsible for discouraging any measures and preventing nny wmeaus for the arrest and punishment of the assassing. ‘The Natlonal Agricultural Laborers’ Unfon of England is in a bad wav, The editor of its organ has fallen out with all his brothor offichals, and is oxposing thelr shortoomings with relentless vigor, e says the Bucretary has embezzled £180; the Executive @ouncil are *“knaves” and idlers; the leader of tho whole movement, Josxrit Anous, 18 a trickster in & mild way, baving published as his own certain luttors and proclsmatioos which hisig. uoraucs of gramuaar pravented hls writlng and go on throngh along cataloguo of charges. Tt is believed that theso attacka will deatroy the Union. The aditor aforowid, J. E. M. ViNouNT, means to consiruot another on it ruine, Mo promises great thingw. His Union will promote co-operation, influonce Parlinmentary action, succor the sick, bury the dead, maintain Boards of Arbi. tration nud a stalf of lecturers, and purchase large tracts of land which will ba divided into pensant propertios. Inreturn for theso blessings, ench member of the Union is to contribute 62 cents o year, Porsons with a taste for prolonged mathematical resenrch ean figure out the number of years that will pasa before the new Unfon will own 10 acres of Englishroil. The old and the new organi- zations will probably nct on each other like Kilkenuy cala. ROTHING FOR NOTHING, Mr. P.-L (Pig-Iron) Kenier kindly ex- platned to his MeCormick Hall audience in this city how he * would got the proposed fs- sucs of greenbacks into the hands of men who have nothing.” This remarkable process is to ba accomplished by five acts, Wo quole from his speech : (1) **Adopt [issue] tho 8.65 bonds,” How would a man with nothing to give for a 8.66 bond get one? (2) ** Snb- stitute greenbacks for the Natioual Bank- notes,” The man who lnd n bank-uote would then get a greenback, but whersin would that make him better off, and how would theman who hins no bank-note get one? (3) “Get rid of the $20,000,000in gold." We presume Mr, P..I. Keinzr docs not wish 220,000,000 in gold to be given away for nothing by an *“impoverished nation,” He wants it sold. Peopla with romathing to give in exchange for it would get it nnd conld then buy greenbacks with it, but how about the men with notling to give in exchange forit? (1) “Prohibit the Secrotary [of tho Trensury] from selling [any more] gold.” It is quite impossible to ses how this would aid s man with nothing to get greenbacks., (5) “Make bim redeem gold-bearing bonds in- stend of redeeming greenbacks,” 1o is un- fortunately not redeeming greenbacks pow, If he redcemed the bonds, & man who had o bond would got something, but how would n man who lad nothing got anything? We confoss that wo are quite unable to suswer theso questions, but consolo ourselves with the suro knowledgo that nobody else in the world can answer them. Certninly Mr. Kevtey did not. It is probable, bLow- ever, that bLefore W. D. K. wns through with printing billions of greenback-serip and interconvertible 8.65 serip bonds, both kinds of paper would be worth com- paratively little, or perhaps nothing, aund then n man who kad nothing could get them, for nothing will exchango for nothing, even up. 'Thoy would be of no use to him when he got them, to bo sure, except to look at the pictures on them, but this, we suppose, is o minor matter with the KeLrey school of inflationists, The main point is, that every. body would bo provided with plenty of due- bills, worth nothing, but exchangenble for other due-Dills, also worth nothing, and yield- ing a yearly interest of still other due-bills, also worth nothing! THE CRUSADE AGAINST CORBIN. Connix is an Ohio saloon-keeper, ono of the hundred thousand or so who hardened their hearts during the crusado, or who, after conversion, found that lecturing was less profitable than liquer, and so went back to their old and ovil ways, and retailed wet damnation instead of dry denunciation. Eiglteen months ngo, CompiN appeared at Westerville, a muddy village near Columbus. Ho hired o small storo. He hung out signs of foarful portent. *‘Saloon” shocked the sanctified souls of Weaterville, To make matters worse, souls of another sort resorted to Conmy. The abandoned wrotch actually made money, and that in these hard times. This was too much, Tho mon, women, and ministers of Westerville gathered togetherand took counsel. ‘That is, everybody gave coun- sel. Counsol was cheaper than Connin's beer; and yet thora were thriftless folk who proferred the latter. Nobody knows how it happened, but, soon after the first temperance moeting, Conpin's shanty caught fire. By one of thoso strange mistakes of Providenco which will happen, the fire was put out. Boon aftorwards a can of gunpowder sudden- Iy exploded in that neighborhood and blew part of the saloon into kindling.wood. A fow volloys of etones from temperanco-loving youth ero long demolished all tho windows. Breaking a pane of glass to the glory of God and the confusion of Corui¥ Wwas too keen & pleasuro to be resisted. And eo it has come to pass that Commin's castle is nmled up, and propped up, and boarded up, to auch au extent that two or three applications of guopowder bavo failed to blow it up. It hos no windows, but it hes a door, o bar, and a woodon banner on the outer walls whereon is writ tho belligerent word **Boor.” Prey- ing having failed to rout Connrv, praying ‘was resorted to, The Mothodist Church, and the Presbyterian Church, and the Evory- Other Church, were used for this purpose, But when this availed not, Westerville took advantage of the supposed opportunity to “ bo angry and sin not,” It got very angry. At last accounts it was applauding the Rov. RoprntsoN's suggestions of arson, and rotten oggs, and othor moans of immoral sussion, and tho Rov. Hamrw's brilliant witticism to tho effect that tho women of Westerville ought to squeeze CorniN to terms by affec- tionately applying a rope to his neck. Mean- while, also, at last accounts, Cornix is selling beer. . There are various ways jn which Wester- ville can get rid of Connin, Tt can follow the Rev, Hamrin'a advice snd murder him, but there are manifest objections to this religious procedure. These objections apply, too, though in 8 lesser degree, to the minor meth- ods of applying firebrands, gunpowder, ete. to CorsiN's saloon instead of a rope to his neck. Oune plan of operations remains. As it givea no chauce for jucendiary harangues ordeeds, is not flavored with rotten eggs flung ina loly cause, and involves uo prematuro Fourth.ofJuly explosions, Weaterville may pot like it. Nevertheless we suggest it. Connivg there are in abuudance, and prob- ably will be, until long after we have all gone to Heaven. Law, law.breaking, prayer, grief, and entreaty have all faifed to suppress them. Buppose Westervillo, and- places like it, should open & pleasant room with a bill- iard-table, some chess, checker, backgame mon, and domnino tables, a selection of papera and periodicals, a fow boxea of olgars retailed at cost price, and a croquet-lawn bard by. The young man of Weaterville, who proba- bly hias to choose now between & somewhat stilf and uncomfortable Lome and Connmy's choory and merry saloon &s places in which to spond his eveniug's leis- ure, could thon have somewhiura else to go. And he would go there, {00, unless the well-meaning managers kopt springing care- fully-planned Lmprompiu prayerusctivgs wpon him, or throat tracts into ‘the packet where he kecps his pack of cards, or hung tho walls withchromo.lithographed aentonces in the stylo of ** Binner, prepare to meet thy God,” It wonld bo asking to much of West- ervillo, probnbly, to suggost that such a room open on Sunday, with, if need bo, a decorous banishment of tho games, would not pre- vent, but rather promote, tho proper ob- sorvance of the day. If it a opened only on week-days, howoever, it willdiminish Corpin's recelpts-moro than ten kegs of gunpowder, on yards of rope, and ten years of prayer, ‘WHO PAYS THE DUTY P The Journal hns discovered that the con- sumer of an imported article does not pny the duty upon it! Itis the producer, it do- clares, who payait. The article devoted to an attempt to prove this economis paradox is long, which fs the most that can bo said in its favor, We extract from the column of worda the example by which it tries to main- tain ite absurd position. Curionsly enough, this examplo just proves the opposite! It i 08 follows : - Canada fmposea & duty of 15 per cont on fron. Our iron-masters are nevertho'eas able to sell iron in Cana- do, but ars unsvleto add thia 13 per cent duty, be- catse of the shisrp competiiion which they encounter from the Euglish fron-masters, Tho result s, the American paya the duty on the (ron which he sbipa to Canxdn, and the English ecpor ter 1a alno compelled to pay the duty on his shipmenta, For ofthor Lo attempt {o chiarge It over to the customer would beto forfelt fiis market aad loso hiy custom, Buppose a Canndian railroad-builder ordors $100,000 worth of Americaniron, The manu- facturer on this sido of the border-line ships the §100,000 worth to the fronticr and puts it in bond, roceives his $100,000, nnd goes about his business, The Canadian pays his Government the $15,000 of duly, relenses the iron, and sends it forward to his road.bed to be Iaid thereon, Tho iron has cout him 8115,000. Who hns paid the duty? Mani- festly, the *‘Canuck.” The Canadisn hos pald him $100,000 for it, and then paid his own Government the 15 per cent tarilf tax. If theroe had been 7m0 duly, ho could have bonght the iron for #100,000, The duty hns therofore cost hin—the consumer—$16,000, while the producer has got just what he would have received had there been free tradein iron, According to the Journal's proposition, if the Americon had refused fo make the iron for $100,000, his English competitor would bave stepped forward and Glled the order. The only case in which a tax can be cole lected from a forcign nation is when it is lovied a8 an export-duty upon an article prac- tieally monopolized by one country, ns ton is by China. 1f the Flowery Kingdom lays an export duty of 5 cents a pound on tea, the American consumor will pay that tax, beenuso ho~—or, in this case, she—can get tea nowhere clse, % Even in this caso, it will bo noticed that the cousumer pays the tax. This cconomic law cnnnot bo evaded. The Journal might 88 well try to prove that if Joaves were taxod & cent apiece, the hokers and not the eaters would pay the extra cent! BREMARKABLE SBTATEMENTS, The Hon, W. D, Ksrry told Lis henrers, Inst Friday night, that tho greenback * never deprecistes o cent in value,” and wanted to know, you know, whether *any man ever loat a dollar on the legal-tender notes.” He afterwards answored his own question by say- ing that no man ever had! It s practicnlly fmpossiblo to stoop to the lovel of the mind that thinks the greenback does not daprecinte. For three or four years after it was igsned, it did little else. Since that sbaormal war-time, it has oscillated with every day. The mensuro of value of any paper curroncy is its purchasing power, and this depends upon its rodeemnbility. Ifitis not redaomed by the makers, it is bought and sold at o discount by the brokers, Lot us seo whether or not the greenback has depreciated since the War ended. We might give hundrods of instances by merely copying the record of fluctuations since 1865, But wo content ourselves with naming o few coses. April 22, 1866, tha greenback dollar was worth 76 conts, The next dsy it was worth 72 cents,—s depreciation of 4 cents. On the 16th of Juno in the ssmo year, the groenback was bought for G8 conts, Juno 10, this paper that nevor deprociates was sold for G2 cents. It hod fallen € cents in a day, apd all tho Keriees in creation could mot have prevented {t. A cortain Friday in Boptember, 1869, has passed into history with the prefix ‘* Black,” bocause tho selling-price of the groonback fell s0 frightfully on that doy a8 tocanse o commorcial catastrophe, On the morning of Bept. 24, 184U, the paper doller was worth 75 ceuts in gold, Within an | hour or two, it dopreciatod 14 conts ! 1t was sold for 61 cents. Here aro threo plain cases of deprecistion. The daily record of the variations of the gold promium shows that the diskouored serip of the country has bobbed up and down, approcinted and depreciated, wavered liko tho sea, from the day of its ixsuo until now. Every man who engagod to work for 80 many greonback * dollars” when the pur- chasing-powor was up, and was paid wheun the purchasing-power went down, lost by them, Whoever buys or sells goods or graln on credit is forced to gamble in the bargain. Ho may win or Jose by the fluctuation in the cur- ronoy, but he will not, save in the rarest of cnses, receivo precisely the same purclasing power o month or a year henco that ko would wore he paid to-day, Mr. Kerrey appears to have a corkacrew way of lookiug at things, His meutal eye- glaas is fuarfully and wonderfully made, elso bo never would have declared before an intel- ligent audience that greenbacks naver depre- ciate and that nobody haa evor lost a cent by thelr fluctuation?. m— MASSACHUSETTS MONSTERS, Massachusotts, which seems to have a monopoly of moral monstrosities becausa sho doea mothing to restrain or suppress them, has now produced auother flend of the Jesse Posenoy sort, His name is Ancuisarp Jacxson, his residence Newton, his crimo wantonly and iohumanly torturing a little cbild 9 years of age. Following the analogy of the Jussz Pourroy cise, we may expect to witness somethiug like this in the case of younf M. Jacxson. He will probably tor- bture & few moro children, and, not satisfied with torture, will next commence killing. After having killed one or two, he will be ar- rested. Then the Massachusetts savants will step in and demonstrate to a nicety that it {s wrong to punish Lim as other criminals are punished, since his bloody mania is the result of & matornal mark or a patornal taint, for which he is not accountable, He will be sent to the Reform School, where ha will be 80 docile and tractable as to convince the managers that he i oured. Afier his ro- lease, he will murder two or throe more childron and will be arvested sgain. Then the newspapers will teem with discusslona of bis casa, The moralists sud the mentalists will spin all sorts of ingenjous theories abous his payohologloal condition, The ministers will wrangle over his moral rosponsibility, Long essays will be writton in the magnzines to show he eannot bo gmilty, Maudlin women will hegin to sympnthize with him bocanso ho s o young, au if his vietims were not so young also, Literary, religions, and scientifioc nssociations will go before the Gov. ernor, and pload for and against him. 1le will be brought to trial, convicted, and gen. tenced to be hanged. ‘Then tho popular clamor will nariso again, - and all the doctors, ministars, old women, professors, school-girls, poots, transcendentalists, ensny. ints, Liologists, physiologists, philosophers, and leginlators will join their voices in one universal howl for and ngainst hanging the brute, until the Governor gets B0 bowildered that 1o one ean find ont what he menavs Lo to do, and the persocuted Exeentive probnbly will not know Limself. Meanwhile the pub. lishers will intorviow the prisoner, get him to write s history of his life, and make a good thing out of its publication. Tt is not surprising, in view of this stato of fncts, that tho murderous deeds of the hoy TPoseror were 50 quickly followed by the in. humon murder of the child in tho church belfry by Jackson; and that this in turn is followod by this later Jackson, who has oentored mnpon his dovilish carcer pracisely ns Poxenor did. So long a8 the peoplo of that Btate tnke no other view of murder than an inter- esting psychological and metaphysical ong, and study the murderer as & matter of euri. osity rather than string him up s & matter of duty, they will undoubtedly bave a most plentiful crop of theso moral monstrositics, Has it never occurred to tho Bay Stnto savants that they can just as easily study him after his neck is stretohed ns beforo ? If they wish to preserve him, they might hang im first, then pickle him in a glass jar and set him on tho shelves of the Natural History room aud study him at their leisure. The best use to which Massachusetts can put ita monstrosities is to hang them na spoedily as possible, If ahe does not commence befora long, they will epring up as thickly as tond. stools, sinco one monstrosity always begets another. In this respoct moral contagion is quite ng prolific ns physical. If you would not have one mad dog infect other dogs, kill him, ENGLAND AND GERMANY. T the Edltor of The CAienqo Tridune CHIcAD, Anit, 14,—Don’t you think, after s'lowiog BMr, Hopaox WulIE to be correct in {ho maku fu his refuling your article entitln | * Decline of an Xmyire* thut it ia 5 little Inconafstent to draw s comparison of the military strength of England and Germsuy In the way your editorials of Woduesday, the 1ith of August, o1 Don‘t you know that the samo spirit of freedom Americagn uborit 1 Just as stroug in tho peaplo of 1ho motbier country, aud caunot vutfer tho indiguity of foreed mhliary acrvies? Would not Amort-ans and the American press be tho finvt to draw fittering comparivons 10 Miemseives i£ sach o Rtate of thinge exited In Englind? T4 not_this compul-ors mlhtary w.rvi e, wheta the best part of o misu's 1fo s dovoted ta unprotabla sevore delll, and £ 8 largo percentago odions barrack- Tif2, very ninch like erviio worfdom, and only pustbla under a despotls Governmont,—ihy borror of ull Dritona and tueie descend.nts 7 Ta it not Inconnlstent to arguo because England does not keep up n large mi'ltary force lixe Germuny thit wbio fa i1 & decliuo? I tiing 1t would be time enough when Germuuy hnd proved hereelf aggioulvo to Eue land’s inferosts to wsit ne that that wax tho caso, Azuln, 18 1t not 8 littla ungouorons to blamo Grost Britaty for following a policy that iusures the great:r fiexlom to her pooplo, and 1a exactly the suma that Aierica does liers<If {u the samo futervsts, and may Do considerod one of her {Amorica’s) proudest bouts, d can be ouly cons’dsred an & stato of things that can mast cons lentivunly congritulate hersalf upon atixn 30 closcly alliod to freedom ¢ Tuingine the mankocd of America drained from the activo worklug of fleld and farm and other ardiinus puniits; the yroduetiso force, the active power, siddled 0 to the weaker ssx. s that Americant No, sir§ nefther 18 it English, aud never will b, I'will'uot intrade tpon your epice to point out the foundution of this policy outsida tufa love of freadom, wmore than to ey that England csunot bo engsged in & Europeau conflict, excopt with th assiatanco of powe orfwl ahics, aud with ber one llrullg arm, her splendid pucleus atmy, asd the spivitof her piople, sho s nothing to fear from thst insldious dioise decling and she does not sccordivgly. ANaLO-BaxoN. Rerty.—Our correspoudent mistazed tho pure port of Tuz Tainone's comments, It was not thut the Euglish Empiro was in a decliue squiva- lout to decay. The position sssumed was thst England bad not progrescd as & milltary nation like Qermany aud some other Cantinental pow- eors, Hor military avatem is tho old one which grovailed at tho close of the Napolegnic wars, when sbe Lad but & small army of drilled meu. Biuco that time hor army has remained almost stationsry, whbile (ermany has coustantly ads vancud, Sho Les no mora sroops now available for a Continental war than she had sixty yesrs ago, wbile QGermany hma become & great natlon of drilled soldiers, sble to throw & million of vetersnd into the fleld on & week's no- tice, and to follow It up with anathor million In anothor weok if necessary, England has roe ‘mained statiwoary, not beoause she ia ia a condi- tion of decay, but because her peopls are ayrse to the reutraints and hardshipa or militacy lifo, Tz TuisouNe hos not otimated that England cannot dofend hor coasts. Thin sho ks able to do boesuse of the salety of her insular position sud the immooeo atrength of her navy, with which no Eurvpeun powor, sud porhaps no three powery, fu the world csu cope. What tbe London Fortmghlly olaimed was that Eo- gland lad not tho military power to cross the Channel and successfully contend with auy Orat-class power, sud that sha coald ouly send 40,000 drilled troops to de- fond elther Belgium or Frauco agninst a German army. We aro not In position to yefute the sa- rertion of tho Forfnightly, and have not st tempted to do ko: noither has our correaponds ent; Comparatively, thea, Eugland las retro- graded aa o military nation. snd has stepped down and ont of ber old position a4 a great mill- tary power in European wars. BILVER BMALL OHANGE 1o he ilitor ar The Chiear Tridune: Ouioauo, Aug. 16.~Will you piease inform ua why the United Blates Goverumant takes up the fractions: currency, when tho poopls of thie Uulted BLotes prefat %0 e the currency o siivor, o1 uccount of the cons veulence to carry § Would it not In your opinion bs botter to tet the foatal currency circulate, aad take up $20,000,000 {1 bonds and destroy tuem, and atop the intareal? Crruzax, | Woare notgosure that **the paoplo of the United Btates prefer” tho ragged littla shiv- pisstors to milver coln for amall change; but thiere is no probabulity of eilver money keepivg 1a circulatton sa loog we iv ia worth mare thad greenbacks, With ailvor dollars worch 04 o 95 cents in gold, they aronot likely to ciroulste while greoubacks contiave to fluctuate botween 85 and 90 centd. Tho brokers would buy up the allver and thraw it into the melting-pot for ex« portation fsater than the Government could is suait, Out corrospondent nead not borrow soy trouhle on the dsnger of silver comlng into olre culation very soou.—Ep, i . ¢ Tramps,” ascording to Kerrey, are * honest workingmen,” with ** honest heans," and okt with gopius and ekill.” The faroers of the East offer board, lodgiug, and $1.50 & day, sod the farmers of the West are offerinz 83 to §3 & day, with board and lodgiog, for Leip In gsther fog this harvest. Why dou'’t tho houeat, taleut~ ed, and skiliful tramps stop trawpiog, cessd whst Kxriex calle their * unwilling fdicness,” and go towork ? They prefor to follow bif Youngatown advica aad * clutch capital by the throat,” murder when is Days, outiage womes when they oan, steal st every chance, beg oon stantly, and slgh for more greenback: little ** three-slxty-fivoy,” which, fu soma wop< drous way, is to make men rich without sheir do+ log anythiug. Maudlln pityls ous of place IB tho case of men who refuse to take the work that is offered them. — Last Baturday 1,747 children were made bsppy In New York at o cotal expeuse of 8700, or lest than 40 oents per child, The good work wad doae by the Poor Childrex's Exsuraios