Chicago Daily Tribune Newspaper, September 30, 1875, Page 4

THE CHICAGO TRIBUNE: TITURSDAY. SEPTEMBER 30, 1876. TE’R’MEV OF THE TRIBUNE. TATRS OP ATAFCIIPTION (PATARLE TN ADYVANCE), Fostage Prepald at thin Office. Daily Béition, poet-pald, 1 yas: 813.00 . 100 a2.00 00 1.50 400 20,00 tine Free Copy wiih Frrry Club of Tcenty, O all clabs the sabscriber mnat remit tho postago, whichis 15 ccota a covy per yoar, Specimen coyies sent free, Jo prevent delay and mistakes, ho #aro ond giva Pout-Oflico address in full, inelnding Statesnit Couuty, «mittances may be mado ciiher by dreft, express, ‘ont-Offlco order, or i registered lutters, ot onr risk, TENMS 1O CITY BUBMCRINERS, Daily, delivered, Sunday excapted, 23 senta per week, Darly, delivered, Sunday fncluded, 30 contn per week, Adidrese THE TRIDUNE COMIANY, Corier Madison and Denrborn-sts., Chicago, Il TODAY'S AMUSEMENTS, ¥ ACADEMY OF MUSIC—Ifaleted streel. belween et sl Moeoe, Eugsgement of W, T, Melsille, Wmuke,! HOOLEY'S TAEATRE—Randolph street, between Clurt n.r,ul LaSalle. Epgagement of ho Callfornia Uinstrels, WOOD'S MUSETM—Monroo sirect, botween Dear- born and Btate, “Caste " and * East fiynne.” After- oon and evening, ADELFIIl TIHEATRFE—Dearborn natreet, ecorner Monroe, Engagement of the McKee Hanlan Troupe, *The Two Urpliaus,” McVICRER'S THEATRE—Madison street, botsween Deatborn and Btate, * Runninga Corner,” CHICAGO TIEATRE—Chark nircet, Lolween Itan~ dolgh and Lake, ** ThoTwo Orphans,” INTER-STATE EXPOSITION~-Lako shoére, foot of Adams street, s WAUDANEIA LODGE, No. 160, A, F,and A, M.— Regular communication will b held at Orientat 1lall, No, 123 LaSallo-st,, this (Thursdas) eentug, Work on M. N, Degree, Visiting Lrethren cordial vited. E. BT.JORN, See, GSTIN, W, M. T, OF P.—ALPHA LODGE, N. D,, will mect In rogular convention this eveuing at nual hour for hue- ineas. Work and fnstruction i fhe ¢ Acrostic Aggen- da,” Commincions for Sonthern D. @, o,y will Le ds- Jivered. By order of C. C. The @bifiag;r Tribune, Thursday Aormng, Septomber 30, 1876. - = — Greenbneks, at the New York Gold Ex- change yesterday, closed at 85}, after colling at 85} nud 853 A reminiscenco of the big wheat *‘corner” of 1872 comes up in the courts in the shapo of abill filed by Huom Maxnen sgainst Jomy I Lyoy, tosot aside o settlement between thoso parties, who, according to Manen's Lill, joined their forees to better enablo them to coutro! the market, but when tho *corner” collapsed the artless Hoon, ns nsual, was the victim to o large nmount. e now proposes to try what the law can do townrd recovering some of his heavy losses in that memorable wheat transaction, The nuccessful prosccation and convietion of the membery of the Whisky Ring in St Joseph, MMo., las called forth n congrntula- tory and commendatory telogeam from Com- missioner Prarr to District-Attorney Bors- rorp and his nseocinte counsel, The cascs in yuestion nre gaid to be similar to those in 8t 1.0uis, Chicago, and Milwaukee, and the com. pleto success of the Government thus far is considerod as a positive indication that, wholesalo conviction will bo secured in the rest of tho whisky-fraud cases. Mr. A. C. Hestva was yesterday closoted in soeret conforence with tho Committeo on Public Plunder (sometimes called Public Bervico, previous to tho awsrd of the rocont conl contracts) of tho Board of County Com. naissioners, for tho purposo of arranging for tho location of voting-places and tho appoint- ment of Judges of Election for the forth- coming county clection, Politics makos strange cronies. Before he was a condidato for tho County "reasurership, Mr. Hrsmio ‘was an avowod hater of corraption ; now he 15 hand-in-glove with tho shameless ring in tho County Board, and winks ot dishonesty if ho does not directly connive at it. TFrom tho large number of interviews with tho lending wholesale merchants of Chicngo, published in this jesue, it will be seen that an unusually hopeful and encouraged feeling prevails without exeeption relative to tho fall trade. Many of tho hoaviest houses report that business was never ko brisk oy during tho past two wecks, and all aro agreed that it was never upon a sounder, healthier, or moro promising busis. Prices of all goods that the consumer needs and must have ars lower now thn for many yenrs past; while, on tho other hand, tho crops are uniformly heavy throughout the Northwest, and prices fair ond firm. OQur merchants have made largo preparations for o fie fall trade, and the senson is now sufficiently far advanced to provu the wisdom of their auticipations, The outlook is indeed gratifying, Attornoy-Goneral Epsar, 1a out ina cireu- and lower. Sheep were in good demand at stendy prices. Ono hundred dollara in gold wonld buy 811712} in greenbacks at tho close. Pre———— ‘Tha action of the Massachusetts Ropub- lican Convention yosterday will occasion a general feeling of regret and disappointment among Republicans outside thatS8tate, In viow of the great popularity and strength of Gov, GastoN, the Democratic candidato, it was hoped that samong the partisans of Rice and Lonive respectively an cloment would detach itself for tho good of the party, and, by uniting on CAnvEs Fraxots Apaus, riso equal to the situntion and sccure suc- cess nt the polls at the expenso of success in tho Convention, Such wns not the result, however, Mr. Rtce being nominated for Governor on tho third ballot. Mr. Avavs had a strong and persistent sup- port, but when the Lorixa men broke front thoy wont over almost in a bady to the Ilice porty. The platform adopted was onc of the finest of tho year, both in declaration of principles and tho argumonts and rensons urged in their support. Among the snlient points aro those pertaining o n sound cur- rency ; Lhe expression of belief that the time has come for the removal of all political disa- Inr giving notico that ho has prepared threo casos for appeal to the United States Supremo Court, wheroby a flnal decision will bo eb. tnined as to the taxation of railrosd capital #toek and franchises,—a question upon which tho TMinols Bupreme Court and the Federal Courts in this State are widely at variance, In ordor that tho importaut question may bo scttled Ly tho Court of last resort with tho loast possible delny, tho casca will be submitted at the term communc. ing on the second Mondny in October, and in viow of the prossing nature of tho matter - it {s Loped that the cases may be advanced on the docket and a decision renched during tho winter. Mennwhile all Jooal litigation in- volviug tho points at issuo will bo allowed to Temain ot a standstill; at lonst, such s tho recommendation of the Attorney-Genoral —— ‘The Chicogo produce markets were irregu-, ‘far yestorday, and generally weak, Mess vork was active, and 40c@$1,35 per brl lower, closing at $21.75@21,80 for Qctober, and $518,65@18,70 seller the year, Lard was doll and @ shade ecasier, closing ot $18.27§ per 100 1bs cash, and $12.00 geller tuo year, Ments were in fair voquest and firmer, at 8}@8{o for shoulders, 1240 for short ribg, and 12{o for short clears. Highwines wera active and 4o lower, at 115 per gallon, Lake freights were active at 13@%o for corn to Buf. fulo, Flour was in fair demand and steady, Wheat was wmore active snd 1o lower, clog. ing at $1.00] cash, and $1.084 for October, Corn was very active, aud §@1o lower, clog ing 64 GGo cush, aud 543c for Qctober. Oats were in fair demand, but §@lo lower, closing strong at Y6jo casl, and $2jo for October, Itye was active and irrogular at T8@7c. Burley was active and stronger, closing at $1.09§ cosh, and $1.03 for October. Hogs were uctive and strong al 10@150 advance, with sales at $7.60@9.50. Cattle yero uotive bilities from tho people of the South ; and a slnp at Butlerism in the reforence to the per- sonal character of eandidates s an absolute guaranteo of fidelity to every publio trust. THE ILLINOIS *OPPOSITION PARTY. “I'he Staats-Zceitung is engaged in o desperato effort to keep life in the * Opposition” party long enough to elect Mr, Hesnio Trensurer of Cook County ; after that it may go to the deuce for all the S..Z, will care. To this end tho Staats-Zeitung ropresents the Republican party of Tllinois as “an intlation party,” and the so-called * Opposition " party as the only Lard-monoy party in the State! In setting forth this view of tho matter, the Staats- Zeitung uges somo phrases which it has nac- quired in its associntion with the bummers of tho * People's” or ““Opposition” party in Chicago. For instance, it accases Tiur Toin- UNE of acting a8 *‘ bunko-steeror” for an in. lation party. Bunko-steorcra are o class of rascals who were unknown in this city until the Staats-Zeitung's People's Party was or- genized and soized control of tho city. The criminal classes finding sympathetic frionds in possession of the Municipal Gov- ernment procceded to introduce the business of ‘‘bunko-steering,” and it has flourished during tho last twonty months of the * Poo- ple's” rule. Bnt wo decline as hopeléss any attempt to compete with the German organ of bummer- ism in tho slang of gamblers and thioves, and 50 we will bo content with pointing out sowee of its palpable misreprescntations. First, as to tho position of the Repnblican party in llmois : The Slaats-Zeitung soys it is an inflation party, becauso it is represented by the Jnter-Ocean s its organ, and by Messrs, Locax and Oaovessy in tho United States Scnate, So far ag tho Inter-Ocean is concerned, it is notoriously the organ of the * People’s” or *‘Opposition” party in Chicago, It lives upon the official printing furnished by a party to which the Republican party is opposed, and against which the Re- publican party intende to run a ticket at the foll election. It illustrates ite character ns an “organ” still fnrther by its enthusinatic support of the Democratic platforms of Ohio and Pennsylvania. By what distortion, then, can tho Staats-Zeitungsot down the Inter-Ocean ns tho organ of the Republican party? So for as Messrs. Looay and OoLzany are con- cerned, the Staals-Zeitung is nltogether pro- mnture in defining the position of thess gen- tlemon 08 08 intlationista. If they are, they cannot consistently act with the Republican party in the next Presidentinl campaign ; but their utterancos of two years ago on the bill bofore the Senate which the President votoed. cennot bo taken as committing them here. after to the Domocratio inflation scheme. They did not oppose the compromise Re- sumption bill of Jan. 14, 1875, but, on the contrary, supported it. That bill provided for freo National Banking nnd resumption of specio payments on tho 1st of July, 1879, Sinco that time Senator LogAN has made o publio declaration which justifies the Staats- Zeitung in citing bim as an inflation repre- sentativo of an inflation party, Wo count him a8 a sound-monoy Scuator. Senator Ooreany, though ho has recently spoken in Olio, refrained from advancing any inflation idoas, or taking any position in antagonism to his record on the Resumption bill, It is fuiror to nssume that theso gentlomen, like Benntor Moxnto¥, of Indians, and Sonator Feany, of Michigan, nre in full accord with the position of their party on the great currency issue. As to the * Opposition” party of Ilinois, thero is, a5 & matter of fact, no such party in existence, It was a miscellunoous com- bination of last year organized for spoil olone. Its disroputable coumo in the Logis- laturo has disbauded it. There is only one political party in the State Losides the Re- publican party, and that is the Democratio party, which the Slaats-Zeitung doclinos to join, 'Thoro is no doubt that the great mass of the Democrtio party in Hlinois is in full secord with tho Demoeratic party of Ohio and Penusylvania, Congressman CamrbeLy, of the LaSalle and Ottawa district, is a fair representative of the Democratic party in this matter, ond is 8 combination of BrN Bories, Biuu Arcey, Boa Keerer, Dok ‘Tngvertiok, and the' Chicogo Communists, A recent Demogratio Convention in LaSallo County sdopted the Ohio Democrats’ inflation and repudistion platform, with the following addition ; IThll W send gresting to our Lrethren in Olio snd Teunsylvania for the noble fight thoy are making for the peotle as ngatust the mouupoilsts’ money, and wo send bwurance that Tiuow will renge ftec)f under the samie banner with our ¢, will bear it on ta victory, R M) ‘LLis Is au oflicial utteranco of the Demo- cratic-Opposition pasty in the second largest county in Jlinois. The most useful thing the Staats-Zeitung can doisto call on the * Opposition” Germans of LaSalls County to vote down the inllation-repudiation ticket in LaSallo County. It honestly for Lard woney and resumnption, it will do sa, Au to the platforms of thy State Conyen- tions of Tllinois of & yeer ago, it i notorious that Alr. Heane wont to Springfield, and, by one of his characteristio coups d'etat, ssoured the adoption of a currcncy resolution with which o great majority of tho so-called Oppo. sition party had no sympatby whatever, gt were deadly hostile. The situation has been very fairly deseribed by the Chicago Zimes, the former organ of the Illinols Democracy, which, referring to tho ** sudden swell of the rag-mouney lunacy,” says : 1t way nowbery pistner than {n Jligols, where a Slate Conventian, aftez one of the most tremeadous hattles of dalate ever witnessed in s deliberative body, adopled & compromuse hard-mouey programme, sud straiglitway went (nto parinership with the most crazy 1000y orgeatsation on the coptinent, under the rw name of The Opposition, OF that ute tosly diahoneat combination it s wikhin bounds 40 asy that fico-thirds, at least, was made np of out-and-out Governmont-shinplaster unstice. Tho politicsl cliar- acler of tho ' Opposition ¥ Congressmen elactid rroves tho rolitienl character of the canstitnency which elected them, Thero 14 not moro than ene or two unflinebing hard-moncy mowbers fu the whols Illinots delegation, This is tho real meaning of the enrrency resolution adopled by the defunct * Opposi- tion " party in Illinois, As to the currency resolution of the Republican State Conven- tion of one yoar ago, it 8 equally notorions that Mr, Patsren, tho editor of the now Democratic Inter-Occan, went to Bpringficld for the express purposo of executing o IEs- 1a coup d'ctat and capturing the Convention in the interest of the inflationists. 1ut while Mr, 1lesiNo suceceded in his schemo with tho Opposition Convention, Mr. PALMER mado o lawentable failure ; and, though the resolution was not ns plain and cutspoken in favor of resnmption and honest money as it would Lo in & 8tate Republican Convention to-dny, it still refused to set forth the Jnter- Ovean’s Democeratic idens of inflation and re- pudintion, We hope this mere statoment of mntters of fact will satisfy the Staats-Zeitung of the inconsistency and absurdity of its prosent political position. " If it does not, we confess our innbility to cope with it in the argot of gamblers nnd confidence meu, and shall pursue the controversy no further. FINANCIAL INCONGRUITIES, There has never been so flagrant n miscon- struction of law nor so much confusion of fact in regard to any one subject as in rela- tion to the issue of United States bonds and Trensury notes. A now jumbla of ald Tieresics comes to us in the shape of a lotter from D. C. Granay, of Cameron, Ill., which we print this morning, In the brief spaco of less than half acolumn he goes over the wholo finnncial problem, and dogmatically disposes of it to his own satisfaction, if not to the satisfaction of anybody else, and comen to the remarknble conclusions that the Na- tionnl Bank circulation is unconstitutional (1) and that the bonds shonld bo **paid” in green- backs, which themsclves aro unpaid notes, We will follow his labyrinth of misstate. ments for ihe benefit of thoso peoplo to whomn they have been reiterated, in ono form or another, for tho past eight or ten years. 1. In rogard to the conslitutionality of tho Legal-Tender act, it muat be remembered that it was first declared unconstitutional by the Supreme Court, and that its constitution. ality was finally afirmed by only one major- ity after areconstruction of the Court. Butit is evon now worthy of notico that the Judges who sustained the act did so expressly on the ground that the extremo necessities of the Government, growing ont of the tremendous Rebellion, nlone authorized the act. The faith of the Government was pledged by act of Congress, whon tho greenbacks wero au- thorized, that the issuc of legal-tonders shall never excced £400,000,000. Any issue of legal-tendora over and above this amount would thon be outside of tho pledge of Congress, and of the Supremo Court's af- firmation of their constitutionality. Does Mr, Grauay or suybody alsa suppose thatthe Supremo Court would aflirm tho constitntion- ality of a legal-tonder issue made in a time of profound peaco and without any dire neces- sity for it? Justico Bnaprer, who formed the majority sustaining tho act, cxpressly spoke of it ns **a power not to be resorted to except on extraordinary and presing occa- &lons, such as war or other publio exigencics of great grarity and impertance,—ond it should bo no longer continued than all the circnm- ustances of tho case demand.” In viow of this utterance, can any ono imagino for o moment that a new issuc of legal-tender notes would bo held to bo oconstitutional? And without such new issue, how aro tho bonds to be “paid” in new notes, or the National Bank notos retired and their place supplied with legal-tendora? 2. We fail to sco how the rotirement of the National Banlk circalation ocould lead to a ro- demption of the bonds owned by the banks and doposited in tho United States Troasury to guarantee tho rodemption of their notes, Notional Banks are retiring their notes oc- casionally under the present law, They tako their bonds into the open market and sell them for greenbacks, which thoy place in the Treasury for tho redemption of their noten. The Government docs not issue new groonbacks with which to buy bonds, and docs not posscss itsolf of tho bonds of the banks, Thero would bo just as many bonds outstonding if all the National Bank notes were retired as thoro aro nmow. The only Inwful way in which the Government enn re- tiro bonds is to buy them at the cur- rent rates out of the surplus revenus derived from taxation; but the Gov- ernment hasn't surplus revonue cnough at tho present time to maintain the sinking fund. If it conld buy up all the bonds now held by the National Banks, and issue groenbncls thorefor, Mr. Gramass says thore would be n saving of 21,000,000 a year. There woull bo » saving of nothing of the kind. Tho $352,000,000 (which is tho amount of National Bank circulation), if con. verted Into greenbacks, would only purchaso 290,000,000 of bonds at present prices, The intercat on thesv at 5 per cent would be 914,600,000, instead of $£4,000,000, Dut tho Government would loso 8,000,000 rovo- nue frot bank taxes, so that tha saving would ba ounly 36,600,000, for which the Govern- ment would pay $70,000,000 premium in the purchase of the bonds. This had invostment would be made for the purpose of abolishing o system that now loans about $1,000,000,000 to the manufacturing, mercantile, and agri- cultural classes of this country. To abolish them would produce a tremendous derange- 1ent of all business, 8, Mr. Grauax bases his conclusion that bouds may be redeemod in irrodcemable greenback notes upon the allegation that the latter were authorized Feb, 22, 1862, and the 5-20 bonds aftericards. o is mistaken as to his facts, Tho greenbacks were made a Jegal- tender, and tho issuo of 5-20 bonds author- ized, by the sume act, passed Feb, 25, 1802, 1t it bo admitted for the sake of argument that theso bouds might be lawfully paid in the logal-tender of that issue, it must also be remembered that the same act authorized the conversion of greenbacks into 5.20 bonds at the option of the holder. This clause was subgoyuently repealed, which was an act of bad faith on the part of tho Government, 1If, thon, the Govermment” has the shadow of a right to pay the bonds in legal-tender notes which it refuses to redeom, it is bound by tha terma of the original contract to give every holder of greenbacks the right to fund them into 5-20gold-interest bonds, It hasno moral or legal right to force auy publio creditor to sccept & worse grecuback than one which mey bu converted into bonds, But there is no such legal-tender now. 1t there were, tho greenbacks would be worth gold, and no- body would object to recelving them, 4. The uct of 1809, which pledgod the pay- eent of bonds in gold, was a full rocoguition of the original intention to pay the 5208 in money of a fixed ond standard value. Thero is no danbt that the legal-tender waa intonded to represent the worth of 24 grains of gold to the dollar, It is on its faco a promiso to pay in that proportion, If these promises to pay do not command the faith of the world, the Government cannot hopo to exchango them in payment for bonda which were sold on the fnith of a relomption in renl monoy. From 270,000,000 to $800,000,000 of the 6-20 bonds are held in Germany, England, and Holland. What could the peoplo of thaso countrica o with that amount of our irredoemable notes, which aro not legal-ten- der for them, and no not circulnte in their countries? If their bonds wero * paid” in n now issue of redemptionless notes, the Germans, Tnglish, and Duteh would have ship-londs of paper, to them both illegal and irredeemable, with which they could do noth. ing. Does Mr. Gramast supposo that the Tinglish and German Governments would per- mit the United States to swindle their peoplo in this infamous manner? Is the United Slates prepared to go to war with these nn. tions to defend a policy of fraud, repudin- tion, and national disgrace ? 4. When Mr., Gnamax says that theso bonds did not bring the Government more thau 55 cents, ho is guilty of another false statement, but one which is characteristic of avowed repudintionists. But if this were evou 80, it would mnke no difference in the argument, because (1) it eannot affect tho agreemont to pay in money instead of broken promises, and (2) because the number of bonds now held by originnl purchasers is in- finitely small. But the fact is that 55 centa in gold was about the lowest ever received for bonds, and only for a short period, whilo a largo portion of the bonds were sold nearly at par. Tho averngo has been computed at abcut 72 cents in gold. But the greenbacks which the Government took in exchange for 5-20 bonds hiad been originally paid out by the Government to pay debts and defray ex- pensos, so that the original consideration re- ceived for them was par in tho current value of commoditica or services, 6. Mr, Gnramay hos discovered something ontirely new when he declares the National Banlk carrency to be unconstitutional. We should like to know where he finds any au- thority for such a statement. Whon did the Supremo Court give any decision to this ef- feet? What clauso in the Constitution is it that cnn bo construed to prohibit the private issno of bank-notes under a nntional systemn which guarantees their redemption in the legnl-tender of the land? In this matter, Mr. Graay, like moat of the men who hold his doetrines, is a law unto himsolf. ‘When Mr. Granaxt refcrs to the popular demand for a currency of *‘uniforin value” instend of n fluctunting value, wo ngree with him ontirely. Whenever such n currency is supplied, it in surc to be one that can bo con- verted readily into money recoguized the world over. But with an illegal and irre- deemablo issuo of thousands of millions of notes with which to redeoni bonds sold on tho fnith of & national pledge, we shouldsoon Lave o bankrupt Government and s dishon- ored people. THE WARD WILL LITIGATION, The fiercely-contested strugglo to brenk the will left by the late Capt. Wanp, of Detroit, which is still pending in tho courts of that city, is alrendy marked by developments which impart to the proceedings the interest of o highly-wrought romance, and is slrendy a8 suggestive in material for the movelist na any of tho occurrences in roal lifo from which Cmavres Reape or Wikie CorrLing have drawn in tho construction of their works, Capt, Wann, in his lifo nnd business theories and practico, was tho very highest of ultra tariff men, and ho know how to utilize tho tariff for his pecuniary benefit moro complotely than almost any other busi- ness man in this country, Ho was o man of immense cxccutivo ability and remarknble grasp of detail, and by tho aid of theso quali- ties Lo not only advocated a fearfully high tariff during the past fourteen yesars of his life, but ho utilized it 50 completely by taking advantago of a constantly-increasing tax upon consumers as to roll up a fortuno of over six millions of dollars, which was transferred from the pockets of consumers into his own. Tho invontory of that proporty has already been printed in Tax Trivove, It embraced docks, mills, vessals, lumber, renl estate, and shares in iron and stool companies and min. ing compauies, all over the United States and Cannda, aggregating, on o low cash valuation, $6,335,040—an enormous result of a life’s work from o flnancinl point of view. With this magaificent fortune, Capt. Wanp might have achieved great good, and tho general public, unacquainted with his * true inwardness,” had every reason {o oxpect that 8 man with hig quslities of character, his clear foresight, and his practical application to the affairs of life, would so direct and manngo that fortune that after his death it would do tho grentest good to the grontest posuiblo number of his fellow-citizens, and that its benefits would roturn, in some shapo, for tho blousing of thoso out of whose pockety it came. This was not to be, however, With all his practical application to the affalrs of lifo, and his success in manipulating them 80 us to result in his constant ad. vantago, reaching their climex in o colossal fortune, he had a wenk sida to his mental and moral character. The wenk sido of his mental character was his pronenoss to delusions and superstition ; of his morel character, 3 want of conscienco, The latter drove him to the most infamous trontmont of his first wifo. Whiloe yot mar- ried to lier, and from no fault or breach of faith upon hor part,ho beeame infatuated with another woman who managed him at hior own will. Tho relations of thess two, aided by o most dustardly scheme of thelr concoction, led to u divorce obtained by the first wife. 'The latter abandoned her homo and died a broken-hoarted woman a yenr af. terwarils, and, within sixty days after tho de- crea of divorco was obtained, Capt. Wanp hod married the other woman, 'The peonliari- ty of his mental charncter led him into Spiritualism, which colored his whole lifo in jts minor detsils, In his business intereats he trusted to himself, but in almost overything olse he implicitly followod the guidance of spiritual mediums, When it came to tho most important event of his lifo —tho making of Lis will—he consulted theso mediums, notably one in New York, in 1874, under whoso advice and dictation ho left tho great bulk of this vast estato to the secoud wifo, catting off tho children by the first wife with the paltry allowance of $200 per month to be paid at the pleasure of the exocutors, which is tantamount, considering his colossal fottune, to disinheriting the children. To 2dd to tho palpable injustico of this diroction of tho property, the 'Trustees, with an oye to their own interests, have seoured for them. selves a salary of §80,000 per year for admin- intering the estato ! The contestants now come in and scek to brenk this'wiclked will by nsking that the law whall cquitably divide the property, and in tho interests of justico it is to Lo hoped that this will bo tho final fssue of the preseut struggle. Want of conscience, want of ha- manity, want of parental love, the crafty de- sigus of professional mediums working upon the wenk sida of an otherwise strongly- molded ocharacter, and natural selfishness and coldness, havo combined to work n fla- grant injustice upou the natural heirs of this great property, I such a will can Lo legally broken, tho contestants will have tho sympn- thy of tho public in securing such a result. me—taeepeme—an— THE GRAIN TRADE IN CHICAGO, Fflorts have recently been made, presuma- bly by parties interested in tho grain trade of other cities, to ery down the character of the grain sold in Chicago, with a note of warn- ing, in somo enses, to partics not to buy here, for fonr of being cheated, A littlo while ngo they eirculnted the story that our standard of wheat inspection lind been lowered, and now comes tho cty that Chieago barley is doctored in (Lo sulphur mills, ‘Wo noed searcely say that theso stntements aro without gaod foundation, and tho numer- ougorders sont liere to buy grain show that tho statements are not credited to any note- worthy cxtent. Our standard of wheat in- speetion is just as high now as it has been at any time sinco the Great Fire, It iatruo thet the quality of the wheat crop hns been, thus for, below an average, but for that very rea- son most of the wheat that comes here is in- spected into the lower grades, Wo hiave not 0 much No. 1 and No, # wheat hero ns usual, bLut what thero isof it is as good ns if tho whole erop inspected into those two grades. The record of the regular trade is equally good with regard to barley. 8o far as wocan ascertain, not more than one car lond of the doctored stuff hns ever Leen taken into Chicaggo clevator, and that wns some years ago, when the practico was new, and the warchousemen not on the look.out for the deception. Buyors of barloy in this market know very well that whon they buy the grain from storo thoy will receive tho quality for which they contrncted. Our Stato Inspec- tion is at lesst trustworthy in this—it has no merey on grain that has been doctored, plugged, or treated in any one of the numer- ons mothods in vogue of trying to malke the property appear to be better than it actnal- Iy ia. In one of the circnlars issued brondcast by theso fricnds of the grain trado, Chicago ia desigoated as *‘ the home of swindlors,” It nny bo so, 'Fhat class aro plentiful enough in every city, North or South, that ia large enough and busy or rich enough to offer o tempting ficld for their exertions. Dut we do not think they are any more humerous here, in proportion to the population, than in any other city of the West, and it is gener- elly the fanlt of the ““honest " dealer himself if ho is cheated by one of these swindlors, If ho goes into a reputable jowelry store, willing to pay a fair prico for his pur- chases, he will got goods that aro worth the monay, while if ho patronizes the snide nuction shop, or the bunke den, hoping to get something for less than it is worth, he will find Limself sold every time. It is just 50 in the groin trade, The man who is will~ ing to pay the oxpenses of conducting the business can always find an honorable com- mission merchant who will faithfully guard tho interests of his principal. If, however, ho is captivated by the offers of men to sell him “good, bright barley” for less than he would have to pay for that article in open market, he may count on being swindled. THE FIGHT AT FALL RIVER, 1t is usually the caso that both partics to n labor dispute aro in tho wrong. The Tall Rivor case is no exception to this rule. '"Tho trouble began with an atterapt to reduco wages on account of the decline in prices of goods, Tho operatives in the cotton mills thereupon struck work, and foolishly an- nounced that they had decided io *take n vacation ” until the employers acceded to their torms. Finally, after o couple of months of idlonoss, a compromiso was agreed upon, but the mill-owners then refusod to resume operations unless their hands would sign a pledgo not to belong to any trades. union and not to be influenced in their action by any such union. A number of them did 80. ‘Their appearance at the mills led to riot- ous domonstrations, Elonos were thrown and o poor girl was quite seriously in- jured, Gov. Gasron ordered out militia to restoro order. 'The soldiors and polico bava since kept the eity quict.. Bix of the rioters hove boen arrested and bound over for trial. All tho mills are now running, though none of them hag ita full complement of hands. The manufacturers threaten to suspend work agnin unless tho rest of the operatives come back, Hero is a protty piclde, to which both par- ties have contributed. The troublo began in somethiug boyond the control of either masters or men, A high tariff and an inflated currency stimulated over-production. Things were boowing when the crash camo. Sincoe then it hos becomo impossible to flud a market and poy the same wages. Pricos of cotton goods have fallen very greatly. It wos inevitablo that the prices of labor on cotton goods shoyld also fall, It wnas wrong for tho mill.owners to dictate to their em. ployea that they should not belong to trade. unions, 'This is quite indefensible, On the other hand, there is no exouse whatever for the riotous conduct of the employes, It forced tho suthorities to call out the militia. No town can hardly submit to bo sacked, Despite tho embittered feoling, a compro. mise that ought to bo accoptablo to both partics can bo reached, Let tho mastors withdraw from their untenable position in regard to labor-unions and make contracts from month to montn with the men, paying tho rate of wages already agrecd upon. This will make it safo for them to take contracts, and will protect them from unreasonable interferenco on the part of the unions, They can mako assuranco doubly sure by having their hands sign an agreoment to give o mouth's notico of any intention to quit work, Tho men offer to agree to givo ten days’ notico, but a month is none teo long a time. ‘Two months would ba betier for all sides, In the address made by Vice-President ‘WiLsoN yostorday, es preslding officer of the Republican Stato Convention of Massachu- setts, he said; Greonbacks havo indeod largely spprociated, and we aro justly proud of the oredit of the nation in the markets of the world, but we do not, and we cannot, a4 Awericaus, take pride In the alngular fact that & ntrey uote from an unkrown bank in oue of the Brit~ ish provinees can be sold in Stata streot for a premium of more than 16 per cent over oue of our legal-tender notes, ‘I'his is & view of the matter which shonld commend itself to every American who has aspark of patriotium in his body. Itisa Lumiliating fact from which there is no otlier escape than in the redemption of our national promises and tho keeping of our plighted fnith, Cannda ia but n province, not n great nation; it haw a populn. tion of Iess then four and n lalf mill- jons, while wo have n population of forty millions, or noarly ten times na large; n prent portion of its tarritory is barren and nnpro- ductive, and ours, much more vast, is rich and fertilo; fits cities nro comparatively small and their Lusiness limited, while our citios aro groat and growing, and our com. nierco boundless in its possibilities, Yot the stray noto of pome unheard-of bank in a little backwoods village of Canada commands n premium of from 15 to 17 por cont over n national promise-to-pay of what we ara proud of enlling the greatest country on earth, and this in the groat City of oaton. Itis cor- tainly & humiliation that mny well make overy American citizen blush and lang his head. BERVIA OEITING READY FOR WAR. Servin is arming fast, and tho lightning may flash nows of an organized rovolt from Turkish deapotism at any moment. It ap- pears from tho confused aud often contradic- tory reports'thnt tho Porte has issued & cir- cular to the Allied Powers. Ha complains of thio repented violations of nentrality on the part of Servin and Montonegro, and deelnres that a *conflict is inevitablo ” if theso viola- tions continue. Turkey hns alrendy com- plained of Servin o Servin, aud has received the flippant reply that that province is no more powerful than Austrin, and {hat, since the latter hios been unablo to provent n num- ber of her subjects aiding the Ierze- goviniang, the former cannot be ex- pected to keep all her subjects at lhome, Turkey's nnswer comes in tho shapo of n declaration that eho is about to oceupy four points on the Servian frontier, One of theso points iy Niseh. Ser- vin alrendy has an army there nnd is sonding it reinforcements, Tt is not improbable that tho maps of the future will have Nisch marked with two eross swords and tho date 1875, in token of a decisivo battlo fought there, T'wenty-nino mombers of the Skuptschina —or Parlinment—of Servia have resigned, ‘They are, doubtless, part of the minority in Parlinment which wished to declaro war nt onco. Their concerted resignation will feed the flames of war. Outside interferenco hny apparently ecnsed for the moment, but a sig- nificant editorial in the ofilcinl Journal de St. Petersburg of Tnesday last shows that Russin is—or protends to bo—strongly in favor of suppressing the insurrcction at once. This articlo, tho substanca of which is published in our dispatches of this morning, states that Turkey haos fully resolved to grant all needed reformy, and that it is now tho duty of the Allied Powers to pacify tho insurgents and oo thnt theso reforms are carried out. This programme i¢ o compound of bitter and sweet, If the provinces aro to remmin sub- jeet to Turkey, it is bottor that they should obtain all possible rcforms pencefully, by prossuro from without, than forcibly, by in- surrection within, But if they can, by concerted action, throw off the Tuark- ish yolo ecntirely, if tha six provinces can form r federative leaguo of their own, n grent wrong will bo done thom by forcing them back into tho bonds of barbarism. Tho tio botwoen them nnd Turkey is mneroly one of brute forco. Racs, religion, habits, idens, combine to keop them apart from their des- potic conqueror. Their Government exists by the conquest, not tho consent, of tho gov- erned. ‘Iho,bonds should he snapped asun- dor, The six-provinces north of the Balknns should be cut loose from Turkey, and this should bo a proliminary to driving the ‘Purks nacross tho Bosphorus. Commoreo and civils ization, to say nothing of Cliristinnity, de- wmand the expulsion of tho Turk from Eu- rope, ‘WEIBKY-FRAUDS. It having been loosely asserted in some Op- position newspapers that the Scerotary of the ‘I'rensury hos noglected to look after frauds in Cincinnati and Louisville, while giving very sovere attontion to such matters in Chicego, Bt. Louis, and Milwaukee, wo have taken oc- cnsion to make inquiry into the facts, We hiavo tho best authority for saying that Oin- cinnati and Louisville havo boen searched most carofully for whisky-frands—indeed, as an officer who knows all about it said, *they have been raked with o fine-tooth comb,” and no discovery made. Either the distillers bave been mors honeat or clso more cunning than elsowhere, If any of the scribblers who profess to know 0 much of frauds in thoso cities will give information upon which the Treasury of- ficers can not, they will receive the sincero thauks of Mr. Bristow and all good citizons, Lot thom coma forward and substantiate their chargos or hold their penco. It is known and can be proven that tho Socrotary in person gave particular directions to the officer having tho matter in charge to oxercige specinl caro in looking for frauds in the two cities which be in s0 flippantly charged with designedly overlookin, Even the Domocrats of Penusylvania are gotting sick of Judge Persiixe, their candidato far Governor, aud his attonupt to catch the votos of both sides by ndopting a half-way policy. Ho is not enough of an inflationist to suit the yag-money Democrats who built the Erie platform, aud he is not enough of a +sound-money man to suit hard-money Demo: orats, 8o dissatisfied are thoy growing with him that it is now ramored they will ask bim to retire in order that they may placo a positive man in his stead, Judge Prusmna does not scom to bo a positive man In any- thing. During the War ho professed to bua Union man, and voted and worked against it on overy oconsion, Now that ho is o condi- dato for Governor, he refuses to resign his pasition on the Bench at the request of his friends, so that he can make a show at Jeast of official decency. Ileis a half-way man, and, if he continuos to run, tho probabilities now are that he will got ouly haif-way to the Gubernatorial offico —————— Our neighboring Repullic of Moxico cel- ebrated the sixty-fifth anniversary of its na- tional independonco on the 16th inst., it be- ing in 1810 that Miouzn Hibavco, the ‘Wasmaron of Mexico, rallied the people and drove the Spaniards from Mexican soil, During theso years, howover, Mexico made little progress until the Administration of 0 DE Teiupa, tho present President, cawe into power, During his rule Mexico has made material sdvance. Ho has settled the internal revolutions which wers contin- ually cropping out, and he hos also drawn very rigid and distinct lines botween Church andBtate, by which thedespotism of the priests bos been’ checked and foreigners are guar. anteed immunity from religious persecution, ‘The commeorcial world also has shown great progress, and the principal merchauts are ad- vacating the importance of developing direct trodo with the United Btates. Tlo last Con- sk Ao passed a number of rafirond bills, and the Governmont hins been liberal in iy geants. Al theso nro auspicious wigns fop the future of the Mexienn Repullie, 011 WiLtsay Arney, in his Ohlo ¥peechey, has insisted that Gen. GuaNT wants the Do, moernoy to aucceed in Ohio, in order that § mny bo said “ No other mnu con reseng the country but Gnaxt, therefore wo s have Anant.” This was happily turned by Mr. 8cuunz, who, in noticing it, said Naw 1, for my part, do not Wit to sco Presiden| GuanT'a rocret dealren gratifiod fn this point, Lam o lonestly and oarnestly as_over opposad 10 Prestden Gmaxr' renomintion, and, therefure, T am houeagly aud carncatly opposcd o that further renomiuation by the success of the inflation Dewocracy of Obo, [y thero aro any GUANT maen i Ahis campuigu, tey ary those who adrocate Uov, ALLEA'A clection, nut f, In poinigofl fact, the only men in (g ‘country who aro laboviug for the Chird "Torm, or who want Gen, GrANT's renomination, arg the Democrats of Ohio and their nssociaty inflationints, (R, A short time ngo tho Nebraskn Democracy pleasautly surprised tho country by adopting n straightforward specie-payment resolution a4 part of their plaiform, * The credit of this, necording {o the Omnhn Herald, 1s Inrgely dng o the Tlon, M. C, Kenn, of Indinua. e ro. cently passed througl Nebrnska, and urged the Democratic leaders to tako a firm stand in opposition to *‘the Sunucial herenies which men were seeking to fasten upon the Deme. eratic party.” Mr. Krnw is ono of the many influentinl Democrats who hope to see Artny and repudiation defeated together in Obio, Hois also a prominent candidate for thy Speakership qf the Forty-fourth Congress, But if rag-money casties tho doy in Ohio, somo salary-grabbing inflationist lke Say Ranvatn will be choson to lead the Deme. crats in Congresa. Ilere s & paragraph for tho workingman g cut out and pasto in his hat. o Lears overy dny Domaceata telling that tho contraction of tho eurrency gineo tho War by a Repiblican Cope gross and Administration cansed the paoio of 1878, nnd tho subsequent dopression in ol class. es of businoss, The fact I8 there waa no cone traction of the currency, but s constant incresss in its voluroo from 1865, when businoss wes ot its high tide of prosperity, until 1874, whon the collapso waa at ite worst. Here aro the figurey to prove this, Thero I8 in circulation at this moment 8769,840,119 in paper monoy, which in round pumbers I8 : 2 miltions moro than in 1874, 29 miillona mora than in 63 milllens mora than §n 1859, 1 milllons moro 1hau iu 1808, 167 nifilions mory than in 1474, 452 milllons oo {han fn 1463, 437 wilirnn moro than o 1862, 501 milliuna more thag in 1861 856 wllions more than fn 13 551 nufllions moro than {n 183 614 milllons u 55 miilions moro than fu 1457, 74 millions more than in 1050, 94 milifous niore than {n 155, 865 millions moro thun {n 1836, ‘With this fact 8o plain and undenisble, whay mnst bo thought of the intolligenco and tioneaty of a purty which 5o far counts npon the igno. rance of tho poople aa to domand in 1ts foancial platform that the **ruinous Republican policy of currency conlraction bo stopped " ?—Clere: tand Leader. - Tho lightning-rod mnn knows hio duiy, Danger does not cow him, Argument caunot batilo him. Personal appeals never move bim. Tho scotiment of pity dees not warp him from the living truth. His aspirations are tipped mith platinum. They aroe impervious to the qualily at merey. Quick flashos of passion run down hia corrugated front and arvo loat in $ho grest receptaclo of tho counter-olectrical current— Blother Earth. Tho lightning-rod man wholug the contract for furnishing tho Chleago Univer ity with his warcs is a worthy member of bis clase. Ho is obdurate. Ho soos that the ravolys ing towor of the Observatory is in danger, He has protected it with a rod. Every might ths rostloss natronomer tuing tho tower, and rathe lessly snaps tho lightning-rod. Every wmorning tho consclentious man puts up = new rod The prospoot Is appslling. If tho ocontest continuos, tho Observatory will b decorated with lightning-rods, bristling out from every spot like & porcupine's quille, Then Ossa will be piled on Palion ; rod will eurmount rod; the University will pe bankruptod ; and at last, per- baps, the noblo man who has undortaken single- handed to fight a rich corporation sud o bandof super-ensual sstronumers will sink peacefully into bis grave, carrying with him the gratefol asauranco that ho has done his duty, sccording to his lights. - 2 e The Cincinnati Enquirer—the loading orgsa of tho Inflation Domocracy of Ohio—did s very cowardly and foolish act in refusing to print the recent groat spoach of Camr Bcmousz oo e floanclal iusuo. Cowardly, becauso it manifested fearof tho effoct of Mr, Bcionz's argumenta upon tho miods of roadera of the Evwuirer, A though these minds had beon crammod with the most nudacious assortions upon the othor sids of tho queation, And foolish, becauss {8 wes & laok of journallstio wisdom to sook to doprive its renders of matter which thoy would bhavo liked to soe,—8 natural consoquence being, that, not finding it in thelr own paper, many of them parchased othor journats which did cootain it, Thus the Enquirer, by this one nemative procodure, dis played a timidity utterly unbecoming an 03+ nonont of “tho unterrifled,” and allowod Pleld- Marshia] HaraTrap and Deacon Bxrru soresp & pecunlary beuefit which, by the exercise of & littlo sanse, might have boon gstherod by tbe Enquirer itsolf. Tt is no wonder that & shech with such silly notious of jourualism should en tortain equally eilly notlons of finauea, PERSONAL. Billy Emorson and troupo aro st tho Bhermia House. Minlstor Bchienck and hig family are nowis Druasels. 0. M, Brazea, of Nockford, la s guost of the Garduer, Goorge W.Wast, Balem, Mass., i stopplog 8 the Palmer. . A. Eldrldge, Wiscopsln, ia rogistered st the Palmor House, Rusaell Bage, Jr,, Milwaukeo, s & guost of the Tromont Houes. The flon, O. T, Jones, Haltimors, is sb 9 Bherman llouse, A. M. Loovis, Now York, Ia a recout asrival b the Grand Paciriv, . Frank Holmos, Brockport, fa & late wriral 4 the Gardner House, Gen, J. K. Lobdell, New York, registored 108 torday at tho Tremont, L. Rittmyer, of Kincardino, rogistercd attbe Grand Pacific yeeterday. Nobody has volunteered o pisy Clauds @ Tennie Claflin'a Pauline, W. 0. Parsons, Dubuque, was regiatered 84 the Paimer House yesterday. Col. J. B. Doylo, of Bradford, bivouscked 84 the Bherman House last night Tho Hon. Joho Plankiuton, Milwaukee, is r8* istered as the Tremont House. The Hon. Jumes Nimmo, Washiugtos, D: Ov stopped st the Blerinan yosterday. 1L J, Furbur, New York, was among the & lvala at the Grand Pacifio yestorday. Mr, Bradlaugh, iu s speech at Northampto Eog., on the 10th Inat., said that bo was 8 starting for‘Amarics, but ho would lmm