Chicago Daily Tribune Newspaper, October 2, 1875, Page 8

TERMS OF THE TRIBUNE. RATEN OF STRRCRITTION (PATARLE DX ADVARCE). Posinge f'repnld nt thin Ofce. 0 813,00 1.00 Daily R0, poat-nald, 1 5eTcerres Farte of yoar at mamo rata, Tarta of yeae at 1ame rate. Weekls—Glab of four 258 One Free Copy wlih Ecery Club of Txeentu, On all cluba the sabscriber must remit the postage, which fa 16 cents & copy per year, Specimen coples went fron, To prevent dolay and mistakes, b sure and giv Post-Ofien addrees in full, including Btatoand Connty, Remittances mey be mado oftber by draft, ozpross, Post-Ofico order, or In registered lotters, at our risk, TERMS TO CITY AUBACRIDEARS, Datly, delivered, Sunday excopted, 245 cents por week, Daily, delivored, Sunday includet, 30 cents per weak, Addrons THUR TRIBUNE COMPANY, Carner Madiron and Dearborn-ts., Chlcago, 1l MUSEMENTS, TO CADEMY OP MUSIC—IIalated streol, betwaen Sminon snd Motiron, Engagement of W, T, Melville * Hmoke,” Aftornoon and evening. TOOLEYS TNEATRE—Tandolph street, beiween Clark and Laflallo. ~Engsgement of the California Minstrels, Afternoon and ovening. WOOD'S MUBEUM--Monroo strect, between Dear. born and Btate, * Caato ” and * East Lyuue,” After- noun and ovening, ADELPH! THOEATRE—Dearborn street, corner Monroe, Engagement of the McKee Raukiu Troupe, “The Orphans.” Afternoon aud evoulng. MOVICKER'S THEATRE—Madison sirect; between Desrborn and State.» “ Running a Cornerd” Aftec- Tnoon and eventng. CHICAGO THEATRE~Clark streot, between Ran- dolph snd Lake, * TheTwo Orphana” Afternoon and evoning, INTER-STATE EXPOSITION—Lake shore, fool of stroel, ETY MEETINGS. |, CHICAGO COUNCIL, No, 4, R, 8, E. §. M.—8tated Assembly this (Saturday) evoning O'tock, 8t 72 A A Blonroo-st. MES I MILES, T. 1. 0. Uhe Chicag Tibune, Baturdsy Morming, Octobor 2, 1875. Greonbacks, nt the New York Gold Ex- chango yesterdny, opened at 85}, rose to sf;;’!, end closed o shade abova the opening prico, Sceretary Buistow is good authority for the statoment that the snug sum of 21,342, 562 was rubbed from tho debt of the United Btates during the month of September, Leading bnankors of Chicago and other largo citices are in roccipt of telegrams from Mr. Troxas Browy, Caslier, anthorizing the ennouncement that tho Bank of California opons for business to-day, Tho ovent will be regarded 05 a sabject of genernl congratu- Intion. King Arroxso opened the Madrid Univer- eity yesterdny, and made a speech ; but, be- yond stating tho sclf-ovident fact thnt tho circumstances were difficult, and that educa- tion and enlightenment alone could regener- ate Spain and restore pence, tho youthful potentato contrived to talk without saying anything about the matters at issue betweon the Government ond the Vatican. Tha first of the Standing Committees heard from in the matter of the Illinois Bishop- clect is that'ot tho Dioceso of Ohio, which sesterday gavo wnanimons consent to the consecration of Dr. MoLanen. ‘This was to havo boan expected, coming from Dr. Mc- Lanrx’s own Dioevse, but no doubt is enter- tained thot consont will be obtained from n very largo majority. of the Standipg Commit- tees throughout the United States. Advices from tho seenes of tho troubles in Turkey searcoly boar out the assurance of Count Anpzassy, tho Austrian Premier, that peace is assured. On the contrary, the in- surgents in Herzegovinn appear to hold their own romarkably well against the ‘Purkish troops, whom they have worsted in peveral rocent ongagements, though com. pelled to rotreat on account of inferior num- ers, Reports telegrphed to tho London Ténes and olso officinl Austrian telegrams all «<onflrm the truth of theso represontations of ‘Furkish repulses. Taving been unguecensful in securing from #fho Commissioner of Internal Rovenus o re- ductionof from 5 to 2} per cent in the ratoof fthe Government tax, nmounting to 65,000, 100w in course of dispute, the Itlinois Contral JRailrond Cowpany clnitng nu sbatement of the original basis of the tax. Tho lovy wasmnde 13pon the Company's published statement of 33et enrnings, Lut it is now urged that olarge 1part of the surplus thus reported was not de- tived from carnings, Lut from the sala of Tunds, being borrowed from that fund to swoll 1iho showing of dividends, A Ireasury De. Joartmont oxpert will Lo detailed to look 1 hirough tho Company's books and straighten «ut the matter, The litigation over the play of the ‘““Two ¢Drphans” was virtnally ended yesterdny ‘by fike decision of Judge Duussionp on 3notion to commit McKre Rasmx for con. fiompt in violating tho injunction granted o 1low days ago. The Judye, though holding 1lhat o technical violation of the injunction 1hadbeen actually committed, declined to pun. il Ranmwy, both on the gronnd that tho trang. 1¢ression was undoubtedly unintentiona, and tilso that tho right to tho use of Jicmson' “iersion was not at presont of scarcely uny 1oceuniary valuo. At the samo time the «iminent Judge upheld tho dignity of {he 14w by requiring that tho defendant shoutd 198y the costs of the motion and givo security s1guinst o similar violation. The decision was ¢)uinently able and sonnd, and will bo quoted wvhenever anothor guit of similar charactor is < ommonced. S —— Tho arguments beforo the Supreme Court on the quo warmanto cese, involving the «juestion whetlior the General Charter of 1872 )x the provious chartor ia in full forco in Chi- ¢18go, wos concluded on Friday nighit. The ¢tonnsel on both sldes united in ropresenting 1o the Court the great importance of tho ¢ ond the urgency of an early dooirlon, * I'hoy represonted the existing complications, tind the even more dlsturbing ones likely to tiriso in casa the quostion bo loft in jts pres- «mt gtato of uncortainty, and appealed to the ourt to protect and presorvo the interests of this largo city by as early a decision ng wag <onsistout with tho other duties of the Court, IChe unanimity of this request, tho impor- tanco of the question, and the woll-known courtesy of the Judges, leavono question thit an early decision will bo given, possibly “dithin 8 week or even loss time, ‘The Chicago produce markots wers goner- 8lly strong yestorday, and some were consid- exubly excitod, Mcua pork was aclive, and 25@500 per brl higher, closing at 224,60 for Ootober, and $19.16 sller the yoar, Lard SATURDAY, OCTOBER "2 THE "CHICAGO TRIBUNL : was in better demand and 15@20¢ per 100 s highor, closing at 813.60 cash, and $12.45 neller the year, Meats wero quiot and {@jc per b higher, at 9@9}e for shonlders, 13@ 1itfe for sbort ribs, and 13}@13]0 for short clears. Tinko froights were active and un. changed at 1]@20 for corn to Buflalo, High- wines wore dull and unchanged at 91,15 per gollon. Flour was quict and firm, Whent was activo and 1{o higher, closing at $1.12} cash, £1,10% scller the month, and $1.00§ seller Nosomber, Corn waa active, and 1@3¢ higher, closing at G5}c cash, and 50je for November, Oats were activo and irregular, closing nt 32fc for the month, and 811c for November, Lye was steady at 72, Barley was dull and ensier, closing at 21.01} for October, aud 90}c for November. 1fogs were active and firm, with sales at 37.756@8.50 for poor to good grades, Cattlo wers dull and lower. Sheep were in good domand, and wero firm. Ono hundred dollars in gold would buy $116.87} in greenbacks ot the closa. The State Board of Equalization of Now York, liko that of Illinois, considers tho metropolis of the State as n “fat take,” to bo mulcted for ns much of the Stato tax as it can be made to pay, without much regard to what it ought to pay. For the present year, b5 per cent of tho gross tax has been nssessed on the city. This seems like glaring injus. tice, for, despite the great wealth concen- trated in the metropolis, the rich farms, the busy manufacturing towns, and the large cities in the rest of tho State must, in the nature of things, bo worth at least as much as, and probably more than, the metropolis. The civio authorities have filad a protest against the nction of the State Bonrd. Thero is small satisfaction, howerer, iu protesting, when you must pay just the same, Tho adoption of indirect taxation would make unequal assessments impossible. POBITIOR OF THE REPUBLICAN PARTY ON THE CUBRRENCY. The Clicago Jnter-Ocean claims that, as an organ of the Dilutionists, it ropresents “nine- tenths of the Republicans of the Northwest,” and that Tne TnriboNe is opposed to the Repnblienn party in advocating an honest redemption of the national promises to pay. This is n matter easily susceptible of demon- steation ono way or the other, Tre Trinuse is uncompromisingly in favor of honest moncy and opposed to dilation of the enrrency ; the Tnter-Occan is confessedly and blatantly in {favor of diluting the currency and cheapening ite purchesing power. We presumo thero will be no dispute ns to this statement of the cnse, Now ay to the position of the Repub- lican party. First, the lnst national platform of tho party, in 1872, declared as follows : Wo denounco repudiation of the publie debt in any form or disguise as B national crime. We witness with pride the reduction of the princips! of the debt, and of the ratca of interest upou the balance, and con- Government ean do is to sparo all farther o pense, ratiro from the negotiation, nnd lot the Tudians have their barren Eldorado, Promiron by tho apeediest poneiblo return to specis pay- mont, % That an frredeamalils catrency is & national evil, and when {1 continues beyond the neceesity of iin croation, a natlonal repzoach § that the demorallzation of valien cauecd by tho infation of the national currency, whiln ittendato place the earnings of Iabor, which depend on ateadiness and unifornity lu (ho measure of yalue, in the power of specutators in goll and credIt, slsoin: Yolvoa the demaralization of public end privato con- duct, credit, and expenditnro, speonlation fn place of thrift, ultimato prostes.lon of trad tink of Incroasing crima and dlahonor, train of ovils which follow any depsrture from tho homoly virtto thiat keeps ita word and pavs sa it goss, Wenrea testified that Wanp went with him to visit a Mrs, Kaxe (Manoaner Fox), and, after a protmeted conanltation with herin a private room, he camo ont hearing a long roll of paper which he announced was an equitable will. On ‘Thursday, Mrs, Fox- Kaxz, who was ono of the Fox sisters who originated the spiritunl rappings and table- tippings in Rochester n quarter of a century ago, and who is still practicing her profes. sion ns a medinm, took the stand and testi- fled directly that tho spirits through her can live, and that his money in the bank will go n great way in doing this. Tlo draws his money, but finds that it will not purchase moro than half as much builling-natorinls ng it would have done hefora monoy had becoms plenty and elieap, o then tries to horrow nt “‘low interost " on three years'time. Dnt the money-lender frankly tella him that to lend monoy for threo yeara ia out of tho qnes- tion, becauve at the end of threo yoors tho curreney may not be worth 10 eontaon the dollar. In his bowilderment, tho man asks, FIRST FRUITS OF THE CABLE MONOPOLY. Within three days of the announcement thint the direct eablo had broken somowhero nenr tho American coast comea nnothor equal- 1y unpleasant picce of news. Tha Anglo- American Pelegmph Monopoly . Company, which now controla all tho working wires he- tween tho Old World and the Now, combines, o ¥ . B ¢ inly,” | not preciseoly business and pleasure, but busi- If, after nll this, tho Inter-Ocean is still [ mado two wills for Wanp's disposal [ “Is no monay lent atall?” * Certainly,” l under tho delnsion that it reprosonts the'our- | of his proporty. Tho bulk of the | anewors the lender; ‘‘money is lent Y;E;;-" “‘i“l I’“{‘;"’-"‘“' by raising its T;“Cfll to one rency sentiment of the Republican party, we | testimony goes to show thnt Wamp was o |on eall, upon good security, so that | dollarin gold per word, nnd then having the news telegraplied from London over its eablo, thus increasing its receipts in the present by announeing au incrense in its rates in the fu- ture. Thiais the exact fulfillment of Twn 'TrinUNE's prodiction, The Inck of any com- potition has borne fruit in the re-cstablish- ment of an oxtortionate and oppressive rate, Even If compotition had been brought into play it would not have kept down charges long. If tho Direct Cable Company had kept its wire in good condition and maintained the tarif with which it bo- Bgan,—25 cents n word,—tho Anglo-American would of courso have had to ent down its charges to the same figure or below it. Then, after a short struggle for a fow weeks or months, tho old Company would eithor bave bought up a majority of the depreciated shinres of the new Company, or have per- sunded the latter to **pool ” its receipts, and thus practically consolidato itself with its whilom rival. It is a favorite theory of Mr. 0. F. Anaus, Jr., that competition botween rnilronds inovitably lends fo combination. The history of the railrond system in England and America seems to sustain this view. firm beliover in Spiritualism ; that he swal- lowed all the mediums’ tricks -and charlatan- ism with the credulousness of n country bumpkin; that ho consulted themn about the details of his business and the condition of the various membors of his family ; that ho was oven willing to pronounco one of his rons a bastard at tho dictation of theso medi- nna! and finatly that thoy wrote his wills for him, disposing of his vast property, and de- claring that the children of his first wife wero insana and unnblo to take charge of the property, but that the children of the second wife wera A moro completo or extrnordina. ry delusion indulged in by s man who was supposed to bo intensely practical and world- Iy hns hardly, if ever, been exposed before. Unless this testimony, which comes from Spiritunlists thomselves, is broken down, the whole publio will sympathizo with the de- mend of the contestanta that the law shall step iu and mnko an equitnblo division of the property. A COLLISION AND IT8 CONSEQUENCES, The Iron Duke and the Vanguard, two armored vessels of the British Navy, both I cnon demand payment at any time, aud, if payment is not made, can convert the security.” Appenlingly, the man nsks if thero is no way in, which he ean obtain a loan, and is then toll that he mny figuro out how much tho money he wants will amount to in gold, and then sccuro tho paymont of that sum in gold when due. This ho cannot do, heeauso ho ean make no estimate of how much greonbacks lie wonld have to payin the end to equal the loan in gold. He has, therefore, to abandon the project of bnilding. In time he finds thot the valuo of his doposit in tho savings bank hna so declined that 320 of it will not purchasae n lond of conl ; ho can save nothiug ; ho is consuming what little ho once had. Finnlly, his employer, who hns been doing business with the cheap money, finds he eannot sell, and discharges his work- men, Credit explodes, 'Thero is a crash, Tho wealthy man is safo aud prosperous ; the workman is wrecked and ruied. The “‘ chenp monoy " has proved to bo the gam- bler's token ; the means of swindling ; the sharper’s dovice. Aud this is but the story of paper money in every ngo and iu every refer it to the vole in the last Congress on the bill fixing a day for froe benking nnd specie-resumption, Tho voto was as fol- lows (Democrats in ftalics) : BENATE VOTE. Year—Measrs. Allison, Anthony, loutwell, Oarpen- ter, Chandler, Clayton, Oragin, Edmnnds, Fratoy, Ferry (Mich.), Flanoagan, Frelingiuysen, Hawlin, Hurvey, Howe, Ingalls, Logan, Morrill (Me,), Morton, Ogleaby, Daticraon, Prase, Pratt, Ramsey, Sargent, Scniunz, Scott, Bherman, Spencer, Washburn, Treat, Weight—2, Naye—Mesnrs, Foay, Cooper, Davis, Dennie, Culd- thicaite, Hager, MANtLTON (Tes.), Johnson, Merriman, Raraom, Spraguc, Stecenson, TAurman, TIrToN—1d, Measra, Csmeron (Rlop,, Pa), Morrill (Rep, Vi), and Windom (Rzp,, Mian,), who would bavo voted for tha bill, were paired with Messrs, Koliy (Doni, Oro- Ron), dcCreery (Dem., Ry.), snd Norwood (Dem., Qa.), who would Liave vated aganat It, HoTaE VOTE, Feas—3eanrs, Albert, Avorill, Barbor, Darrere, Bur- r3, Dan, Legole, Diery, Bradley, Durchard, Burleigh, Burrows, Butlor (Tenn,), Cain, Carponter, Cason, Cesans, OHITTENDEY, Clayten, Clements, Cobl (Kan.), Corwin, Cotton, Crooke, Crounse, Curtls, Danford, Dobbius, Donnan, Duell, Esmes, Farmell, Freeman, Fryo, Garfield, Gunckel, Ialo (Mc.), HMarmer, Har- rison, Finthorne, Hawley (Tll), Tays, iarleton (Wie), Mazloton (N.d.), Hendce, Hodges, Hooper, Ifoskizs, Haughton, Howe, Munter, Hrycs, Kasson, Kellogg, Killnger, Lamport, lansing, Lawronce, country. Combination takes place by just the process Loughridge, Lowe, Lowndes, Lynch, Martin, | Fated first-class, mcet, in tho Channel. The L o we have fkotched na tho likely result of the Maynard, AleCrary, McDIl (Wis), McDIlIl | Wrong tuin of a helmsman’s wheel sonds the ALIZ0ST A MASSACRE, atrife betweon the Anglo-American and the Direct Cable Companies. What i3 true of railronds is true, in this ease, of ocean cables, The French line wns lnid to compete with the English one. It did 60 for n short time, and the two were then consolidated. 1f tho di- rect cnblo i8 repaired, its fato will finnlly bo the smmne. All we can hope for, then, in any event, is n short respito from the gresping avariciousness of an omnipotent monopoly, unlesa the systoms under which ocenn cablos are Inid and managed should Do radieally changed. Thero is Lut ono radical chango possiblo. That is tho purchaso of the lines by tho British Government and their working a5 part of the English postal-telegraph sys- tom. Grent Dritain owns Uoth shores of tho Atlantic ot the most counvenient and (Ta.), MacDougall, McKce, MeNulta, Merriam, Monroe, oore, Myers, Negley, O'Nelll, Orr, Orth, Packnrd, Pucker, Page, Paraons, Pelban, Pendloton, Pike, Iatt (¥. V), Polsnd, Pratt, Purman, Ry, Rickmond, E. H, Tioberts, Robinson (0., Rusk, Bawyor, Bayler (Ind,), Beofleld, Beudder (N, J.), Sener, Sesslons, Bhanks, Bhoats, Boetunker, Bmall, Smart, Smith (Fa.), Smith (N. Y.), Smith (Va,) Smiih (0.), Sprague, Stanard, Blarkweathor, 81, John, Strawbeldge, Thomas (X, 0,), Thotmas (Va.), Thompson, Thornburg, Todd, Tremain, ‘Waldron, Wallace, Ward (Ill), Ward (N. J.), Wheoler, White, Whitely, Wilbur, Willard (Mich,), Williams (Aagn,) Williams (Ind.), Williama (slich,), Wilson (Ta.), and Wilson (Ind.)—134, Nays—Morsrs., Adans, Archer, Arthur, Ashe, At kins, Danning, Reck, Dell, Derry, Blount, Dowen, Dright, Bromberg, Brown, Bufinton, Caldieell, Clark (Mo.), Clarke (N, Y.), Clymer, Comingo, Cook, Cor, Crittenden, Craealand, Critchfield, Dawes, Dewitt, Ei- dredge, Field, Finck, Giddings, Ulover, Goaeh, Gunter, Hagans, Hamilton, Hancoek, arris (Masn,), Harris (Gn.), Harris (Va.), Halcher, Havons, Hawloy (Ct.), ram of tho first against the port<quarter of the second. 'The Iron Duke is moving at a slow rate, but the momentum of her vast bulk sends her plated prow plunging into the Vangnard, When sho backed, it was found to bo a fatal blow, Tho water poured through an aperturo 15 fect long and k wide, The Vanguard was built with water-tight compartmenta; sho was heavily armored; she wns made to resist tho very nccident which sunk her. None of theso things helped her. She islying in 10 fathoms of water, o total loss. Her crow was fortunntely res- cned. Tho only damage dono the Iron Duke was tho loss of her bowsprit. This nceident has ite lessons. It shows that ram, properly built, is irresistible, If tho Thero lins been a narrow escape from n ropetition of the Modoc mnsssere, only on a much veater seale, pending tho negotintion botween the United States Commissioners and the Sioux Indians for the sale or lonse of tho Black Iills territory. Thero is little doubt that o deliberate plan was formed for the massacro of all the whites, including the two companies of United States troops en- gnged in this negotintion, and that it only failed of execution through the horoic nction of one of tho Chiefs called Younc-Max- Arnatp-or-His-Tonkes. This young man mny o afraid of his hories, but he was evidently not afraid of the great mass of Indinn dovils who had determined to massacro in cold blood a nmmber of peaceful men who hud come to Hercford, Herndon, E. T o, G., T Hosr, Hototn, .Imn Duke, fnoving very slowly and wilh_no treat witlf them ns.it ‘llw.y wera intelligent | yracticablo placo for stretching wires Hunter, Rolley, Kuapy, Lamar, Lamiton, Lawaon, | tent of doing ham, could sink o henvily. | humnn beings. Whilo it is not Lkely that | ncross. Hor officinls nro slilled fn Leach, Maee, Jarshall, McLean, Milirken, Milis, or- | rmored vessol withina fow minutes with- | the intended mnssacro was premeditated by | telographic affairs. Tho customs and tradi- rison, Seal, Neamuth, Ntblack, Niles, Parker (N, 1L), Parker (Mo.), Perry, Plorce, Randall, Rende, Bher- wood, &loss, Bmith (N, 0.), Southard, Stephens, Stone. Storm, Swann, Townsend, Vance, Waddelt, Weils, Whitehead, ‘hitehouse, Fhilthorne, Willurd (Vt.) Wtitie, Witaon, (Md.), Wol, WWood, Woodworth, Young, out suffering any damango beyond the destruo- tion of a bowsprit that would lnve been stowed awny if the encounter hind beon a war- like one, what could not she do in fighting all the Indinn tribes interested in tho nego- tintions, it is very certain that they would have permitted it except for tho inter- vention of this single Chicf, 'Tho va- tions of her system of public dulies provent all danger of auything like the ring-rule which i3 the chief danger here, when our Government meddles with business matters, fldontly oxpect that our excellent national currency witl be perfeeted by @ epeedy resumption of epecie payments, ‘This ia the Inst officinl ntterance of the par- ty at large, and tho Jnter-Ocean now opposcs it Next, lot us take the declaration of the last Btate Republican Convention of Illinois, which, after favoring freo banking, which that concern now opposes, declared : That we reafirm tho declaration of tho National Re- publican Convention of 1872 in favor of & return to #pece payment at the earliest practicadle day, This is the last official utterance of the Re- publican party in tho State in which both Tug Trisuse and tho Tnter-Ocean are pub- lished, nnd it was adopted after the dilution resolutions prepared by the editor of the Inter-Ocean had been rejocted. Noxt, let ns tako tho last platform adopted Dby tho Ropublican Stato Convention in Towa, the Stato from which the editor of tho Jnter- Occan migrated to Chicago, and the very par- ty that formerly scnt him to Congress, The present Towa Republicans say : Wa favor tho carly sitalnment of a ourrency con- vertible with coin ; and thercfore advocats the gradusl resumption of specie payments by continuous and steady atepsinthat direction, . Doos this mean the difution of the currency which the Inter-Occan ndvocates, or the re- sumption of specio payments which Tae TnrsuNe advocates ? Next wo will take tho Republican platform ndopted in tho pdjacent Btate of Wisconsin this year, which contains the following reso- lution : We favor the early attainment of a enrrency con- ‘vortible with cotn, snd thercfora advocate the gradual resumption of spects paymants by contintious ateps that direction, in such manner 8 to disturb the busl- ncsainterosts of the country s litla as posslble, ‘We may now goa little fartherto the North- weat, which the Znder-Ocean claims to repre- sont, and tako the declaration of the Minne- sota Republicans, who have snid this year : That on tho prominont questions of the day wa favor tnat policy of finance which stialt steadily keep in view the return to specie payments, Uaving now shown that thero isa consid- erablo portion of the *Northwest” in which tho Jnter-Ocean does not ropresont tho senti- trim and dashing upon an ndversary under tho pressure of every possible ounco of steam? It is possible that the cxperiments which are being made in mnnufacturing great guns may lead to the introduction of monster cavnon which can hurl n small mountain of steol and erush any iron-clad afloat. If this rious tribes must have been informed of the purposs of the trencherous few hundred who had undertaken the job; for all refused to complote tho msual circlo in which such negotintions are conduct- od, and pemistently declined to occupy the segment which had beon left open for the Finally, she has. plenty of resources. She can borrow all the money needed to lny twen- ty cables ot 8 percent. If sho should take possession of the ocesn wires, paying the present owners o fair price therefor, and shonld cut down the charges to 25 conts a word ns n maximuwm, the result would bon (Ky.), and Foung, (Gs.)~v3, A careful cxnmination of this voto will show the Jnter-Occan that the bill for froe banking, and fixing Jan. 1, 1879, for the re- snmption of specio payment, was adopted in both Houses by a Republiean party voto, in- cluding the two Senators from Ilinois, and : : S comos to pass, a senfight will simply | raid upon tho Commissioners, Even tho in- | grentdovelo mentin interuational telograph: i‘:xmtth‘: ;:::llfomn;llo:'u:‘:-fi ‘;otr‘t‘; .::;::l:; :;: ,b.fl o7 cndn ol dltldo.. and drowning. | terproters and half-breeds scom to havo been l\xvrhich wmfl?l surely lead to a botter E:n{o ()1';' tho Houss, Two iron boxes, constrncted in tho | warned of the purpose, for thoy also with- | foeling and an increased business between After this showing, wa think that oven the shapo of cofiins, nnd destined to be drow from the oponing and left the way freo the two grent English-spenking nations. Tho used 8a coffing, will impingo agninst ench other. One will crash through the side of tho other, and meanwhile n coldbsal ball will crash through tho armorod side of its op- ponent. 'The vessols draw apart. Both orawa tako to tho bonts, watch their ships sink, and pull off together in soarch of a {riondly ernit or the nearest land. Honors ore ensy ond expenses heavy, Tho days of naval warfaro scom to be numbered. TForts and rams will defond harbors, but the only battles on the sea will be those which end in the captare of unarmed merchantmen by awift cruisers. The ndoption of the rule that privato property is to bo exompt from geizuro on the high sens will prevent these bloodless but costly skirmishiea, At present, however, it is plain that wmr on water has been mado so destructive that it will probably censo. It may bo that the constant improve- monts in small-arme may mako battles on land os surely destructive to both parties as the Texan duel in which the principals have their left wrists tied together aud bowic- knives put in their right hands. Whon this becomes the' case, something lilke universal peaco will come to pass. If enduring peaco is really to bo brought about by perfecting the power of men to kill each other, the Peaco Soclety ouglt to erect a monument to the needle-gun, put up tablets in honor of tho Iron Duke, and apply to the Pope to eanon- izo the cannon-makers, Herr Knvrr and Sir ‘WirLiaas AussTioNG, for tho treacherous savages to pounco upon their victims. The hostile Indians began their operations by crowding out the two companies of troops, and it was intended, upon n preconcerted signal, to shoot them down ns preliminary to the massacro of the unarmed whites. Had a single shot bLeon fired, it is almost cortain that the sight of the white men's blood would have maddened the many thousands of Indinns present, and led to n general massacre, from which not one white man would have escaped. 'This fright- ful tragedy was only averted by the excep- tionn! honor and accidental popularity of one young Chief, who was brave enough to use his warriors as n specinl police, This all but tragic incident of tho Black Hills negotiation doveloped o species of treachery blacker and more infamous than that of tho red mon who planned tho masgacro,—tho treachery of the Indian traders. Thoy ara & cluss of yampires who arc mainly rosponsible for the indignities and frauds practiced upon the red men, and con- sequontly for the intense hatred which tho Indinns continue to cherish ngainst the whites in spito of tho kindest trentment from the Government. The statement is mndo that these Indian traders in the Bionx country doalt out nmmunition among the hostilo In. dinns tho very dny beforo tho conferenco at which the massacre was to takoe place, thus rendoring possible and encouraging the trenchory that bad boon planued. Theso fol- lows are worse than the harpies that follow nrmies to plunder the dead and rob the dying. Inter-Ocean will searcely claim that it is in accord with the party it protends to helong toon the curroncy question. If certain Dem. ocratic Conventions and Democratio newspa- pers indorse the position the Ropublican party bas taken, it is becnuse, as the New York Ercening Post says, tho-Democratio party is split in twain, and will loso thoso members who refuse to nccept the dilation ndvocated by the majority of the Dem- ocratic party nud the Jnter-Ocean. If the Re- publican party isdrawingback to its ranks men liko Cany Scmunz, Munar IHALsTEAD, Sasr Bowwrrs, Wmretaw Rem, Hassaunxg, and their powerful papers, by its attitude on the currency, it is doing a good work, and is receiving the highest compliment possible or that it could ask,—the approval of the most intolligont and honorablo smong its op- ponents. If the Inter-Ocean, on the other hand, prefors to cnst its fortunes with the moro ignorant and less honorable portion of thoso who have heratoforo opposed tho Re- publiean party, it oxercises a personal privi- lege to which we do not object ; but it can- not do this and still claim to be 8 Republican newspaper without practicing froud on its readers, experiment would pay goed ‘dividends in monoy and enormons dividends in commerco naud civilization. THE EUROPEAN MILITARY S8ITUATION. Col. Cuzayey, the English military ofticer and writer who hns become famous ay an cssayist upon military subjects, has con- tributed & very remarkable paper to Macmi! law's Mugazine, in which he forceasts *Tho Military Futnro of Germany,"” or moro proper- 1y, the military futuro of Furope, sinco tho ono has como to involva tho othor. Col OnzsNey points out that Germany hos only Russia to fenr, and that this fact is already cnusing uncasiness in Germany, beeauso it involves an alliance of France with Russia. At prosent, she has nothing to fear. France is not so well propared for war now 03 she wan in 1870. o intimntes that her fterritorinl amny ecxists only on paper, that her armaments are incomplote, and that her supplics are inadequate for n compnign. Sho Lns nothing to fear from Russia ot present. Russia now can only put in the ficld 600,000 effective men, while Ger- many bas a peaco army, or Landwehr, of 400,000 men, magnificontly equipped and trained, and rondy for war at n day's notice, to which force sho can instantly add 1,200,000 reserve mon on furlough, Behind theso are the Zandsturm of a million men, who ara only inforior to the Landteckr in the quantity and quality of their officors. Woroe Itussin to invade Germany at present with an army inferior in ovory ossontial of victory, sho THE WARD WILL, The ovidence produced in tho millionairo Wanp will case tonching his belief in Spiritualism and constant consultation of wmediums is rapidly accumulating, and shows that ho was absolutely infatuated with this bolief. *On Wedncsday, one witness testified that Wano went with him to New York to ———— CHEAP ' PEOPLES MONEY,” ment of the Republican party, but grossly misropresents them, wo may briefly rocount tho position of the Ropublican party in other roctions of the conntry, The Ohio Repub- licans soy in their Btate platform, and on which thoy are making thoir great fight : That tho yolicy of fimance should be steadily pursued ‘which, without unuecosssry shock to busincss or trade, will ultimately equalize the purchasing eapacity of the cein and paper doilar, The Olio Democrats, on the contrary, ad- voeate dilution in about tho same way and degreo as tho Inter-Occan. In Ponnsylvania, whera the Democrats are in nccord with the Inter-Ocean in favor of debasement of the currency, tho Republicans in their Stato plat- form assert that— Freo banking, s safo sud uniform national cor- rency adjuated 4o the growing wants of tho business fotereats of the conntry, and s ateady reduction of the national debt, **A safo and uniform curroncy " ean novor bo attained by the Znfer-Ocean policy of in- flation, diluticn, and dobasomont, o tho Tnter-Ocean cannot ngreo with the Pennsyl- vanin Republicans, though it dooa exactly »\:xlh the Penusylvania dilution Democrats. ‘The Maino Republicats are more outspoken, They say : would be crushed, and the German army 'The different offects produced by the depre- | They are tho men who oxchango whisky consult the medinms Fosven and Bravs, in | ciation of tho legnlized paper money of tho | for blankots, firc.arms for bounties, | wonld as easily go to Moscow or St. Polers. tho matter of a now invontion for manufac- | conntry ws ndmirably stated by Mr, Scuunz | ond bullots for snnuitles, nnd thrive | burg and dictate peaco as they went to Paris turing gas ; also with roferonco to tho re. | in his Cinoinnati spocch. In case tho cur. | and make their monoy by pandering | fivo years ago. duction of ores. The samo witnesa testified that Wanp had sent him to New York to purchase spirit photographs, and that Wanp had also declared ho recognized some of his friends among the spiritual pictures, Ho oxpressed o belief in the genuinencss of the pictures, and, what will seem surprising in a mau ko shrowd and well scquainted with the tricks and humbugs of the world, declared he conld not see how spirits conld bo photo- graphed if they were not genuine. Another witness testified that Wanp had repeatedly oxpreased his boliof in spirits to him, and that ho had shown him a picture of flowersin his house painted by n medium blind- folded, each flower represonting a membor of his family. One son was not included among tho flowers, and Wainp imputed illo- gitimaoy to the child because the medium had not included him in this remarkablo flower- pleco. A third witness, who was not only a medium but o clairvoyant, testified that Wirp camo to seo her and consulted the spirit of Jacos M. Howanp, late United Btates to tho worst passions of tho savago nnture, ‘The plan of the Black Hills massacre shows that these Indian traders will not postpono their monoy-making groed oven to save tho lives of men engaged in serving tho Goveru- ment. Their conduct is infinitely moro ro- volting than that of the Indians, for tho Int- ter ore savages whilo the traders protend to bo civilized. Thera is but one way to rid the Indlan service of theso harples, and that is by tronsferring the control of Indian affairs to the War Department, where it properly be- longs. There is evory reason to bellevo that tho Indians would then be protected in the bountics of tho Governmont, and certainly the whites who consont to serve on n peace- ful commission will not do it at the risk of their lives. So far as tho proposed purchase or leass of tho Black Hills is concerned, the offer of tho Government Commissioners waslargely in ex- coss of tho actual value of tho territory which the Indlans aro asked to vacate, The sum of 80,000,000, which was offored the Bioux, is nt renoy be incrensed s proposed by the Demo- cratio madmen of Ohio, tho capitnlist nud morchant of large means ean at once meet tho consequence. Hoimmediately calls in all the money due to him, and enforccs payment with the least possible delay. Ile at the same time makes up the prices of nll he has ROt to sell, not only to covor tho existing but the futuro depreciation of the currency. He will buy on crodit at existing prices, knowing that he can pay with paper dollars that will have declined in value, Having the means at hand, ho ia able to make n profit from every fluctuntion. Ile in this way nccumu. lates, adds to his wealth, and absorbs the property of those less fortunate, The other sido of tho picturo is not so roseato, Tho man who Las to Iabor daily for the support of himself and family has buta fow hundred dollars in tho savings bank, Engoged at labor, Lie does not notice the daily fluctuations in the money market. o knows gonornlly that the “people's monoey " is be. coming plenty and cheap, But in timo the But the military preparations of Nnssia are boing made with referonco to a period fiftcon yeara honce, and with a Fronch allinuce in view, so that when tho nttack docs como, probably after tho death of the prosont Rus- sian Empoeror, who is ostensibly a peace man, they will bo enabled to crush Gormany be- tween thom, Russia is making all hor move- ments with this end in view. Lows Lave been passed recently oxtending military duty to oll classes, on tho Germsn plan. 'The schemo of tho Government contemplates an arny of five millions of men, fiftoon years lience, divided as follows: 'T'wo millions of offectivo trainod soldiers to bo arrayed ngainst an enomy ; ono million as a home do- fensivo army, in efficiency botween tho Gor- man Landsturm and Landwehr; and two millions of the Opollsheni, or Landsturm, Whilo Russia is thus perfecting Ler military power with roferouce to the future, Ger- many is doing the same, and also is making preparations against the prospective alliance of Franco and Russia, With regard to A sound currency based on coln, and rodeematils in col, 18 casentlal 10 the proaerity of the people, Wo Shereforonpprovasll Jjudicious logtalation looking to that end, Tho New York Rapublicans follow tho out- spoken sentiments of Maine, and Bay Further infistion of the currency, unde tenso whatover, would be s putilc catamity, e tee terests of honbat indusley and cowmon welfare demand the spsedicat possibla return (o svecus paymenta, The Ropublicans of Kentucky have fallen into line, while the Democrats are silent. Thoy say ¢ We spprove the fnancisl policy of the Adminsstrs. 1lon aa set forth by tie Prestdout and Socretary of the Troaaury, and we hald tha the Ananclal leglalation of Congresa should be steadlly dizscted Lo the resump. tion of specis payment at tho earlioet date consistent withs thio busiuces intorests of the ouuniry, ‘fho latest Republican utterance on the subjoct comes from Massachusetts, whoso Stato Convention, presided over by Vieo- President WiLsow, has just declared : Toat the National Goverument {s sacredly bound, in Ao intereat of the common welfare, in good faith, in mmumwmmwy, 1o fulsll ita Benator from Michigan, and went through the form of shaking hands with his disembodied ghoat, and then consulted him about making a will. At another time she accompanied ‘Wirp on a visit to a materlalizing seance, ‘where a spirit talked to him through a tin truinpet and o hand was stratched out to him —the old cabinet trick, which has boen ex- posed o hundred times. Atother seances, spirita promisod to got ono of his sonsa place in the navy, disgnosed his disonses, brought communications from his first wife and rela- tives, and went through with all manner of ludicrous and illy performances, which heo swallowed ‘with gullible avidity, as if thoy | wero bona fide eplritual monifestations, ‘The most palpable and direct testimony, however, was that tonching the making of Wills by tho millionaire under spiritunl influ- ence. vz, the medium, testified that Waun frequently visited and consuited him about wmaking 8 will through the medium of the wellknown alate trick, Hxxuy B, change is brought home to him, He soon discovers that the pricos of grocerios, cloth- ing, ond shoos Lave advanced, and, in snswer to his inquiry why, is told that gold has gone up, and the prices have advanced with it. Hocannot afford towait until prices come down; he must have thoso things, It does not take long for him to discern that his wages are no longer sufficient to meet his ex- ponses, Ho nsks for moro, and his employer puts Lim off aalong as possible under tho delusion that gold will come down and prices, fall. But gold does not come down. At ‘lnst, perhaps after o strike, ho gots an advance in wages of 10 or 15 per cent. Dut gold and tho «cost of living have advanced 30 or 40 per cent, and keep “odvanced. Then the Jandlord demands snin. crease of rent proportionate to the general incrense, 1o then thinks he will obtain a home for himsclf in g remote part of the city | niture, eto., should be evon mentioned as o whero lots are cheap ; he thinks ho can build | prico for the barron bills from which tho In. hiwscl! @ amall tenewent in which his faily | diaus aro aaked to rotire. Tho best thing tho France, sho is securing herself in the most claborate manner against the possibility of juvasion by constructing a double chnin of fortresses along the Rhino frontier, snd strongthening those of Metz, Mayence, Stras- Lurg, Cologne, and ofher stratogic points. This tremendous line of fortification is not intended to securo tho way for the invasion of France, but to hold France back, whilo Ler effective army operates elsowhere, These fortrosses would be held by the Landsturm in sufficient force to crush the Fronch upon the roar and flank, to emito them Lip and thigh, should thoy wuceeed in passing them and reaching Gorman soil. In other words, Germany would hold back France with one Land and etrike at Russin with the other. ‘That eho hina no foars of Russis, oven with & numerical disproportion ngaiust Ler, which she would offset with her superior training and intelligence, and would dispute with her in tho open fleld, is shown by tho fact that sho haa constructed mo fortifications upon the rate of about $10an acre, siuce the arable land of the whole soction is not largoer than Cook County. This wasan excessive price, whilo good agricnltural lands fn Nebraska ond other extromo Westorn Btates can bo bought for $2.50 an acre, aud ovon Illinols Central Inndsin this State at the prico offered for Black Hills torritory. As to the gold supposed {0 be there, tho latest raports soem to indicate that among the 1,000 winers who have gone there, and all the soldiers and scientific men, not moro than $200 worth of gold has been found,—not enough to pay the expenses of p single person who has gomo thore. Thero are mere tracos of gold so far, and no enough to warrant any further nego- tiations in view of tho unheard-of demands of the Indians, It is simply ridiculons that the sum of $70,000,000, in addition to othor annual bounties of food, stock, houses, fur- the Tolish frontiem, Thoro are two other powers romaining, to one of which, Ay, trin, Col. Cnesyer dovotes some attey. tion. 1Mo intimates that in case of Kuch & stroggle, Auatrin would mass her Aty upon the combntive powors anil by ready o turn the senlo na she choso. That Gerinan, fears no opposition from Austrin ia #hown by tho fact that sho i making no Prepara tions whatever contemplating sicl ay oppo- tition. 8ho knaws that blood is thicker than ‘water, and that in case of wnr the Kympathy nnd assistauce of the ilmmonse percentage of Chermons in Austrin would bo with the fatlgy, laud. o the other power, Englang, Col. Cursyey makes no allusion, but the long.ting animosity of Eaglaud to Franco aud he chronio jenlousy of Russin aro «umciumly i dieative whero her sympnthies’ woulll g in enso of a joint attack of thesa two fowers op Genmany. Our readers will remember that nearly o week ngo tho Secrotary of tho Trensnry issued n peremptory order that the work on g, Custor-louse should go nhend at once, Nothing hins yet beon done, notwithstandiy, tho order, What is the matler ? Why i the work lngging ? A dispateh from Whshing, ton professes to throw komo light on f,5 matter, which says : fupervluing Architect Torrnn was more com. musiostive, e sald ho was #imply an oflicer gy to carry out the fnstructions of his superiors, uo myy. ter what thoy might be, for thiey wero. rerponsibie toy fafluren 1f uny ehould occur, and not himself, o} though Secretary Brtstow nd Instructed bim {o . vino tho rlans of tho huiliing abovo the mecond siory, tho brisiricss of Lufa ofiico was auch (hat ho wauld oy Do ablo to givo any nitentiou to theso plann for yaany wnontha to come. Tt wannot hia intention ta push work on the bullding this fall, but to let it etand fn g prescnt shape until noxt apring, Wo douot altogether credit the origin of thig nows, but tho fnet that nothing hins yot beey dono on the building seoms to confirm it, it bo tho fact that young Mr. Porren is ot going o do anything until next spring, they it is time thot he should bo peremptorily ang summarily lifted out of his oflico and sy afloat, oven if he be n relation of a Bishop, Tho Secretary lifted Mr, JIast for less reason, Althongh Mr, Ifast wroto very long and duy tariff articles, ho hos not presumed to ques. tion and disobey orders from his superior of, ficers. Either young Mr. Porren shouldg nlicad or step down and out. Theroe is n vory painful suspicion, growing overy day moro and more into certainty, tha the people of Bellefontaine, 0., banged ttg wrong person the other day for the murdey of Miss Lavanciy, Tho facts, as they comy out, coincido with tho dying declaration 2 Scoewn thet his wife wns tho murderer,— that sho was jealous of the girl, and, after enticing her into n lonely place, murders] her. Thoy further go fo show that, whils Scoert was undoubtedly n brute, his wity wos o flend, whose confossion caused tiy hanging of her hushand. With regard 1o theso facta, the Cincinnati Commerciul says; Tho moet slartling it of avidenco ngalnst Marissy oLy eatmo out i tho morning, Xt biad boca orere looked tn the exciement of tho lynch, Jn the Amd af tne dead ntrl, tiphtly clenched, has been found was threads of Katr. In her deatl-struogle with the ow ny, ahie had torn these from the roots, and held thea koartisc, Thelhoir wan fine, dark, and s, Thoy wore supposed at firat to bo from Sonzrr'sbes, but, on ezamination under tho microscope, they s peared darker and coarser, for hls own hafr was m commonly Sno, snd what settled the maiter m to BCIELL, (U0 hair ranged from 10to14 Inches in leogth, and uo halr n bis head measured half that. W they ALice's? No: her hair was a dark auburs, s Suerfn foxturo, Whoso, then? They belonaed ts MALINDA. In length, color, and texture, they veran cxact counterpart of thiswcoman's lockn, In onler ta #hicld homsolf, whilo her husband wea in fatl, and pu- Yo opinton wae ready to allencs him foraver, she bd wvldently manufactured the groater part, if notall o thst horribly atranga sto Onoot tho Cincionati papers rolates this bit of listory about ex-Semator TrrroN, of Ne bragks, who has been making inflation speeches in Oblo to small and disappointod audiences, Trrroy used to live in Obio, and was au ardent ‘Whig and a flerco hator of the Domocracy. Du tho story: Home thirty years ago, whilo n renilent of that Siste, Tie ran o8 the Whig candidate for fituto Itoprosentatins against one LAWNENCE, o Democrat, i Cuernrer County, Thele canpalgn wa carsied on vigoroul, thoy holding jolnt discussions in overy schbol-houw and place of public meeting in the cowity, The eleo tion day came, and tho votes wero countod out, andit waa found that Tu-ToX had beeu olscted by just oot majority, That wna before the Fourteonih Amend. mout was known, howaver, aud the faithiful rolored man, if be got a voto, had to show that he had o whito bloud than colored blod in hin veins, Amoog thoso whio voted for TirTON was a man named GrLsox, with colored blood, but mnra than balf white, it wis sald, Tirrox got hin certificate of clection, shd camd up to tho Leginlaturo, but found bia seat contesisd by LAWRENCK. - GILSON was summoncd to appear befoit tho Leginlativo Cowmitteo nn Elections, and eamb up, and, ke o wiko child, told who s ‘father ¥, and this admittod BIr, Treron and loft Mr, Lawassct out, Borme {ino last year, Mr, TICTON rays, be wis eliting in hin soat fn the Bunate, when a'card wis rought to him with tho namo of “ Mr, Gtisox 01 it, He did't rocoguizo the namo ot first, but, upon sending for tho owner of it to bs adwmitted, be fousd that 1t was this sarno colored 1nan, o camo to re mind th Benator that bo had boen of fmportant st wice to Lim on pua oceasion, and—tlie usual story—to Deg tho loon of soma monoy, Gison liad been Yot {uig with commend.blo regularity fur tulrly yeary bub Dad fuiled to put money du his purse, Finding solf fmpecunfoun snd inWaahington, ho hunted up hia old frfend TieroN, whom he had once lected 19 tho Obio Legialaturo and who was now in tho Unlted Hitatea Sonato to solicit a little groenback symmtby, It 1 recordod to the houor of Mr, Tirtos=s Jeaat hie anya no himeelf, snd wo have no opporiually of conulting G1La0N on tho subjoct—that ko kt the man have whiat money he wanted, aud set him on ks way rejuicing., B S — The British Govornment has hiad 100 divers st work on tho sunkon Iron-ctad Vangusrd, but the probability of reising lor Liss materislly dimio: ished. 'The divers find groat difficulty indetach: ing even the riggiug from tho iron msats, and tho impossibllity of ralsing so hoavy s bulk bode 1ly Isnow gonerally admittod. The Court-Mare tial of Capt. Dawk1xs and his oflicers hss bogus. The Captain'a story brlefly Is that at 12:30 p. m. he wont bolow ; at 12:43 ho was informed of the coming on of the fog, aud weut on deck. Here duced the specd from oight to six aud the to fivo knots, and waa proceediug toanother pstof tho vessol to order siguals of the rodacod apsed to tho Iron Duke, when the eailing vessel 32 peared forward, Ilo ordered his vessol to lh:g at 12:48, but the engine stoppod only & luu;l afd then ho ordered full speod agsiu. At tbid inatant the Iron Duke appoarad aud the collis fon ocourred. ‘His whistlo was blowmiog mesie time aud ho Leard no whistlo from the N Duko. ‘The Court pressod bim to know sby ; ald not signsl to the Iron Duke thathebs slackened spood, and Dawsina roplled thst ther was not time, and that he had no roason to |:5 powe tho other vesscl 8o near, ‘The inquiry . flud the whole eignaling systom (:nmlm-wnm and alow, and the Admiral will probably cnms“r for consuro for etationing the vessels 80 ;l oach othor, Thls is the substance of the Wl: accounts of the mattor fu the Euglish psperh coudonsod by an exchango. e Fveryane admita that tho yoar 1860 wn;:: of great prosperity in the United smur o country had rocoverad from the orash o . h Al industrial olasses wero makiog m";‘d{“ Wages, judgoed by thoir purchasing Iw"“vh iog high. Forelgn-born workingmen wero ram‘ et 1arga amounts of tholr savings to bring 00 badt tives from the old country. snd the nsl D‘nk" wero piling up deposits In tho savin, g Our manufacturory, thavks to o low teri! Mo oxporting largely. Thoy were guccessfully e peting with the English in China, in mndw’m; in Boath America, and In England itaelt. b sren of improved farms waa extending 189 At $Lis time, tho amouut of paper ?unofizid gold in ciroulation was 3408,306,000. I‘M&Wun by thie 81,590,000 of poople then in the o7, 190 ¥ ives s per cayita amount of §14.76. Lo}