Chicago Daily Tribune Newspaper, January 8, 1876, Page 4

* Doty Rditlon, port-pald, 1 3¢ THI CHICAGO TRIBUNE: SATURDAY, JANUARY 8, 1876—~TWELVE PAGES. TERMS OF THE TRIBUNE. — RATTE OF SUBSCRIPTION (FATABLE IX ADVAXCE), Pastare I'reonid at this O Parts ot yea FOUR WEERE [0 1.00 RL‘.‘L’.“{"&:'.‘(.: "Eilorary nad Holksioas dounis .00 o Weaks, ulo0 The postago Bpecimen coples sent froe, To prevent delay snd mistakes, be wure and gire Poat-Office addresa in full, including Statennd Connty. Jemittances may be mado either by draft, oxpress, Foat-Office order, or {n regiatered letters, st our rink, TYRIS TO CITY RUBSCRIDERR, Difly, delivered, Bundsy excepted, 23 centa per week, Datls, delivered, Sunday included, 0 cents per week. Addresa THE TRIDUNE COMPANY, ‘Qorner Madison and Dearborn-ste,, Chicago, Til AMUSEME| flDOLm TIEATRE—Rsudolph street, between Clarkand LaBallo, Eugigsment of the Re'lcgy Overa- ?nmwmy. ‘Afternoon, * Agnon.” Evening, * Muri- ana” IeVICRER'S THLCATRE—Madison atrset, bstwreen Désrborn and Btate, Engsgoment uf the Oates Oporar Company. _Afternoan, *'Tbe Preity Yerfumors," Egening, Les Davards.” ADFLPHI THEATRE—Desrborn sireet, corner Monroz. ** The Forty Thievos,” Alternoon and evenlug. ACADEMY OF MUSIC—Halsted sircet, Derwasn Mndison and Monroe, Lnuag'montof the Guew,'t Minstrels, Aftcrnoon and evening. NEW CHIOAGO THRATRE—Clatk street, hetweon Raudolph aud Lako, Hnmfleflmtu\n! the iarrigan aul Tlart Comlination, * Thu Doyla Brothers,” Altsrnoon aud ovening. WOOD'S MUBEUM—Monrno street, betwnen Dears horn and Btate, _Aftrynoon. * Tted Riding-Hood " and Evoning, ** The Adveuturos of s Coun- ead Buot.” SOCIETY MFETINGS. YA, B, WARREN TODOE No, 209, A. T, & A, M.— Diguliz Communtestion fhis (Saturday) ovenivg, at Orlental 1all, 122 LaSalle-st. By ardec of the W. 3. DUXLOP, Becretory, —@!}c Uhenge Wribune, Saturday Mormng, Jenuary 8, 1876 WITH SUPPLEMENT. Greonbacks nt the Now York Gold Ex- chango yesterdny closed at 83%. pohens St S . 'Tennessee monopolized the capital punish. ment business yesterdny, no less thnn three executions occuring in that Btate. Brn WrmLiaxs, colored, was hangad at Bartlett ; Mizox McLeas, white, at Jackson; aud Fravk Scorr, colored, at Momphis. A tolegram announces that the bad boy Bravcmarp, who wai ambitious to have n ‘hond in the Cranrer Ross seneation, arrived at his Jiomo in Milford yesterdsy, nud was recognized by his mother. How that way- ward son was recognized will neverbe known in history. In the Minnesota Tegislaturo yesterday messages were read from the outgoing and incoming Governors, both of whom set forth in the strongest terms the duty of redeeming tho State from the stigma of repudintion by taling action looking to the puyment of the old railroad-bond indebtedness. Liboral ab- stracts of the messnges of Govs, Davia and PrrsouRy aro given in our St. Paunl dis- patches. — e Thero is believed to be imminent danger of n Indinn outbreak at the Red Cloud Agency in consequence of sn inguflicient supply of provisions, Tho largo numbor of Indians who gathered ot the Agenoy during sittings of the Black-Hills Council made heavy in- ronds upon the commissary department, and the year's stock of supplies will be exhausted by the 1st of February., To avert the threat- ened trouble with the hungry savages an ap- propriation of §160,000 will bo asked for in order that provisions mny be purchased at enco and forwarded to the Agoncy. The Congregational churches chosen as Mrs. MourTon's half of the Mutual Oouncil manifest some reluctance to eccept tho invi- tation to sit in judgment upon the Plymouth Church matter, It was expected that a full list of the churches comprising the Conneil would have been furnished last evening at tho rogular business meeting of Plymouth Church, and that the necessary arrangoments could beat once perfectod for the assembly of the Council; but it transpired that no re- plies had boen received to tho requesta sent out by Mrs, MourtoN, and the matter was postponed until Monday. Bisyrance and the Reiclistag persiat in dis- ngreeing, much to tho disgust of the former, The Intter lins not only forced the Chancollor to withdraw his proposal tu increnso the tax on the German stafll of life, Loer, but it has voted dawn a low providing for the punish. ment of attacks upon the German Govern- wont by foreigners as high trenson, This was n wildly nonsensical bitl, which would, if executed, bave cmbroiled the Empire with every other civilized Government. Bsatanci was foolish to proposo such n thing; the Reichstag was wiso. to reject it. But the Chancellor doea not think so. The organization of a mnow church society is noted at Henry, IlL, a town which has of late achieved some notoriety as the scone of the spiritual ministrations of the Rev. Grex- peNniNg, The new church is broadly and mutually independent, the pastor being free to preach what Le likes s0 long as ho sticks tothe Now Testomont ns his **basin of au- thority,” while his hearors avo equally free to believe him or not, just as they prefer, The only condition imposed npon the ministor {s that he sball live n moral and upright lifo, and do the work of un evangelist in visiting the sick and caring for the poor sod igno- xant. A curious beginning of the new order of rconomy and retrenchment has been wmade in the cuse of the employes of the Housa of Representatives ot Woshington, The outgo- ing Republican appointecs were continued jn their duties frow two weeks (o a tnonth, the pew incumbents not being ready to take bold, Upon applyiug for their pay for sor- vices rendered the discharged Kepublicans EBnd that thelr succeasors have already drawn their money for the full time, although per. lonning no duties, The result will by either that the mnen who did the work will get no pay, or else Congress will have to pass a bill allowing one mounth's pay for two sots of em- yloyes. ‘The Chicago produce markets wera steady ‘yesterday, Mess pork was quiet and tirm, clos- g at $19.27§ cash and $19.48 for Fubruary, Lard was quiet and easier, closing at $12.30 por 100 tbd cash and §12.42§ for February, Lleats were in fair dewand and finuer, at 7ja for shoulders, boxed, 10}o for do short sy snd 10jo for do short clears, High- wines wero quict and unchanged, at $1.09 per gallon. Fiour was in better demand and steady, Whent was more nctive and firm, closing at 93}o for January and H33c for | Febrnary. Corn was quict and firm, closing at 43c cash and 42jc for February.. Oats were qniot and firm, closing at 30c cash and 80]c for Fobruary. Iy wns quiet ot GCe. Barley was quict and @1¢ higher, closing at 7)o cash nnd 77} for Fobrnary, Hogs were fairly nctive during the forenoon, but closed dull. Prices wero 10¢ lower, with the bulk of the sales b §6.90@7.10. Catile wero in good demand and raled ashade higher. Sheep wero netive and firm, One hundred dollara in goid would buy $112,87} fu greenbacks at the close, e o The platform of rosolutions ndopted by the Lonisiana Democrats 1u \ioir Stato Con- vontlon on Thursday last is not a favorablo omen for tho future peace aud ordor of that State. Their tondency is to smash the WaceLen Compromise, whiva has given the State quiot, nnd once moro bring the White- Longuo banditti to the front in an nttempt to placa the * White-Leaguer " McExzuy, who i4 in porsonal bad odor with both parties in the country at large, in power again. Tho action of this Convention iu not only unseom- ly and & violation of plighted fnith, bat it is bitterly malignant, and is iustituted for pur- posos of partisan hatred and the stirriug up of violonco. Tho Confoderates of thut Stete Tinve evidontly ramained quiet ns Joug as it Is agroeablo for them to do ro, If, now, they * ghall proceed in accordance with tho tenor of their resolutions to carry out their intontions, they should ba put down with a strong hand. ———es It is to bo feared that the oxtensionof complete ammnesty to Jerrsnsox Davis will prove o costly act of reconcilintion and good- will. Thirty of tho forty-eight ex-Confedorato Gencrals now in both branches of Congress held a cancus yesterdny, and made up their minds to volo agninst the Centenninl appro- printion of 21,500,000 nnless the ex-Prosident of the Confederacy is included iu tho nm- nesty bill to bo voted upon next Monday. Thoy do mnot object to the form of onth specifiod in Mr. Brarve's substitute, but they ineist that no excoption shall bo mado in tho caso of Mr. Davis. Theso thirty votes will b sadly needed for the approprin- tion, nnd if the Confedorato Congressinen persist in their demnnd a very mnplonsant dend-lock is likely to ocour, and the loyal Quakers will hinvo to decido whother they love Jeer Davia less or the million-and.a. Lalf wnore, * CONTRACTION :OF THE OURRENCY.” The debate in the Bennto ou Tharsday, an the bill introduced by Benator Monnry to aid in tho execntion of the act of last session commonly known as the Resnmption act, disclosed that in tho Senate ns well as out of the Senate there nre extromists on thin sub- ject. Mr. Booy, of Missouri, has inflation on the brain, and proposes to nbolish the use of gold entirely, and ho does this on the ground tlint, if gold bu excluded, redemption- less serip must of nocossity become more valuable than gold! He has such faith in werip bearing the Governmont stawp that ke cannot understand why it should not be nnnufactured indefinitely. He i3 terribly opposed to * contraction™ of scrip, Bonn- tor Monntuy, while very properly ridiculing the idea of waiting *‘until the business of tho country should so grow up” to the amonnt of serip afloat that the latter from nctunl searcity will become of the valus of tho gold, waa himself guilty of rmuning into tho opposite extreme, Taking the bosis of tho bank cireulation in 1860 with the popu- lation of that year ns the mensure of what currenoy wes needed by the business of the country, he cluims that with our prosent volume of currency we must wait nntil the population increnses to 116,600,000 before we can resumo specio payments. The bill ay introduced by him pro- vides for the immodiate funding of the United States Trensury notes, which, in- cInding the fractional currency, nggregates 8420,000,000. He offers to the holder of these a gold bond benring 4 to 4} per cent gold intereat, under which offer the entiro bulk of the national currency will bo immediately re- tired, It is true, the unfunded paper will continne to be legal-tender until January, 1878, but long before that timo the papor will have found its way into bonds. This legal-tender is now by law the meauns of re- deoming the banl currency ; and the offect of the bill will be to compol the banka to re- doem their currency in coia. Our objection ianot to these final results, but to the pre- cipitanoy with which this bill brings them sbout. The National Banks can at short uotice withdraw their circulation, and that they will do so if this bill becomes o law is almeost a certninty. The banks cannot keep a specio-paying circulation afloat in the vicinity of custom-houses demanding throo millions of gold por week and import- ora demnnding two millions more per week. Therotirementof the greenbacks and the prob- oble retirement of two-thirds of the notos of tho National Banks at the samo time wonld withdraw from circulation a enrrency now availablo in payment of dobts aud in goneral cummercial transactions amounting to &050,000,000 at tho very least, This will not Le tho work of years, or conducted over n pe- riod whan thio business of the country would bo adapting itself to tha great change, but, under Mr. Monrmr's bill, would be an in- stant change, bringing all things roquiring credit to a stop, nrresting business and pro- duction, and adding, for the time, to the mul- titudes of unemployed laborers, The staudard of paper circulation in 1860 ia uot a fair one to measure the commercinl needs of the country, In 1860 the revenues of thoGovernment did not excesd 370,000,000 In 1876 thoy are §300,000,000, The increase in production and in genernl trade has aven boen grenter than in the national revenues, Because $207,000,000 of bk notes sufflcod the population of 31,000,000 in 1840, it doos ol follow that the increase of currency is to Le proportionate to the mere increasa of the population, which pow number perhaps 44,000,000, At the closo of 1859 there wera 28,789 miles of railroads in operation in the United Statos, At the close of 1875 thers were 78,000 miles, with an indebtednoss in stock aud Louds of §4,000,000,000, and an. nual earnings roaching $335,000,000. The comparative tonnage moved by the railronds and canals in 1800 and in 1875 would bon moro just measure of the comparative in. crenso of the wauts of business than that of population. We are fully aware that the great bulk of the exchauges of tha country is not performed by the actual phyuical transfer of currenoy, and that it is done by bills of exchange, checks, and other modes of trans. forring credits. Nevortheless, that there is more ourrency now Iudispensuble in performing these exchanges than in 1860 cauuot be denied. What the exact amount wmay be is difficult lo state. Tho elovation of the currency to par would have the effcct of ‘mdnuing the amount needcl 15 or 18 per cent; but Mr, Monnm's bill, if madea 1aw, would suddenly remove neariy all the curroncy now in use, aud leave proatrated production and business to the slow work of n gradual restoration and adjustment, All this §3 nonecessary oven to accomplish the main purposo of Mr, Monnisy, which is to restore specio valnes, This will, as wa havo said, be practically accorplished Dy that part of his bill which fizes a date aftor which legnl-tender scrip shall not bea legal-tander in new contracts, 'That will pat the business of tho couniry on a specio bnsis. Theto is, howover, no nocossity for suddenly withe drawing tho present paper money, Todoso, will leave tho banks without the means of making lonns and discounts. The thing to dois to offer the option to tho publio to convert their greenbacka into a gold bond, bearing, say, 3.65 per cont inter- est, which shall bo o legal-tender in paym nt of all cxisting debts, nud lot tho unfunded groenbacla continno to bo o legal-tonder for old debts, This currency will continue to circalate ns it does mow in California and Oregon, at its current valuo in gold, It will answer all praotical purposes of purchaso and settloment, and being no longer a logal-tender for now contracts nnd new-mndo dobts, will gradually take the form of invostmonts, ‘Theso legal-tender bonds would perform the oflice of currency during that period when the country would be passing from the pres- ont deprecinted paper system to tho real and substautial eystem of coin values. ‘Thero would be no *“contraction,” np expausion § thero would o just so much paper money in circulation ns the * wants of business wonld require,” nnd gradunlly the banks, under tho stimnlus of incronsod production and in. crensod trade on a permnnent basis, would furnish the ctrrency and perform the func. tious of bauking to the full extent roquired, Lot Senator MonniLt remember that there aro debts now outstanding, contracted on an 85 por cent paper bisis, to the amonnt of $5,000,000,000 (fiva billions), and the sudden withdrawal of all paper currency, a4 provided by his bill, whilo wholly unnecessary, would bo to arrest the wholo business of the coun- try without in the lenst nccomplishing any good coffect which would not follow as well without it. «%0 THE VIOTOR BELONG THE SPOILLY The degrading seramble for the spoils of offico on the part of professional politicians is the curso of our politics, HauxrroN long ngo pointed out that the strugglo for tho great honor, dignity, and fame of the Presi- dency would be dangerously intonse, but he nuver droamed that the struggle would in- volve, overy four years, the possible displnce- ment of 60,000 offica-holders, with the beg- gary, porhaps, of the half million peopla do- pondent upon them, The fortunes and fates of these poople nre bound up with the re- clection of the President or the election of tho csndidate of his party. Tho Exccutive liolds their prosperity or ruin in his hands. ‘Tho interests interlinked with partisau suc- cossare sometimes inconceivably petly, and so all the more numorous, A writer on Amorican history says that hoe once knew an applowoman on Wall stroot who was ardently desirous of the snccess of a certain candidate for tho Presidency, because her **old man"” had boen promi sod some other poor fellow's place a3 porterin the Custom-House, provided thero was n chango in the reigning party at Washington. When such nnomalons poyers over the menns of living of tens of thoussuds havo been added to the legitimato suthority of the Presidency, tho struggle which Hau- 1uToN feared boromes ten-fold as violent as oven hin fearful fancy painted it, Corrup- tion, peculation, embozzlement, fraud, assess. ments for political purposes, bargain and salo, jobbory,—these ara tho inovitable cor. ollaries logically dopendent upon the propo- sition: *'T'o the victor belong the spoils.” ‘That maxim poisons our politics. Wo are in- debted for it to the thoory of ona Demooratic leader, Wrnziax L. Mancr, and the practice of another, Axpnew Jacxsoy. Squirm a3-the Democracy may, they cannot escapn the re. nponaibility of originating and nationalizing tho pormicious practic by which the Ameri- can Union has beon cursed for forty-six years. Until the insuguration of Jacxksox, all tho removals from office for other reason than in- competency or unfaithfulness by the Presi- deats could nlmost be counted on one's fin- gers. Tho number was almost n#, andall the changes were mado * for causo," In- competenoy and incapacity were tho only two rocks upon which tho official carcer of a servant of the United Btates could be wrecked. The Democracy cronted others,— the arbitrary will of a singlo party chioftain, the disliko of soma local politielnn, the fail. ure to pay n partisan assessmont, lukewnrm parlisanship, and 50 on. Thelr systom, rig- oroualy aud nlmost necessarily carried out since, has well-nigh dostroyed statosmanship in the United Btates, and has mado politics o trade. With Jacxsoy, tho first Prosident elected by tho Domocratic party, the era of cor- ruption began. There was a wild rush of greedy partisnns to Washington, and the guillotine was kept busy chopping off official heada from morning tonight, Itis eatimated that 2,000 removals were made within a yenr, This was a very large percentnge of the ‘whole number of persons in the Civil Bervico at that time, The offices thus forcibly va- cated ranged from the chiof-clorkships of the Dapartments to anoh places as those of letter-carriers and janitors, Tho Diplomatio Servico was treated in tho same way, Gen, Hannisow, afterwards President, was Minis- ter to Colombia when Jacksox was inau gurated. He had courtaously opposed Jaok- sox’s method of conlucting the Beminole War, and had defended HzNar Crax from tho charge of corruption in what Joax Rax- porrn called tho **union of tho Puritan and tho blackleg.” e waa recallel within four days of Jacxsox’s accossion, Saxuver Swant- out, who was appointed Obllector at Now York, wrote from Washington, where he was ‘begging for that offios, to o frisnl s T Lioid o your doctrina fully, that no d—d rascal who made use of Lita olfice or ita Lrutts for tae purposs of kotidug Mr. ADANS In aud Gen. JACK4ON out of power 15 eutitled to tha least lenity or mercy, save that of bouging, » . . Whether or not [ elall g:t maythiug 1 the gouoral scrumblo for plunder, emcluy 4o be proven, The sufferings of the dismissed ofticiale wora great. Bomo of them, who bad grown gray in tho servico of the Govornment, were reduced to pauperism. Building stopped in Waushington. ‘The merchants could not col- luct their debts or sl their goods. The city was panic-stricken. Every employe felt that the eword of Daumoorxs bLung over him, An office-holder wrote in recollaction of that time s ' No man deemed 1t safe snd prudsut to trust bis Belghbor, snd tle Mterfor of the Dapurtatent preasnte od & foarful scens of guarded alloncs, sacrat lotrigue, esplonagy, and tals-beastug, A hasty speech would often secure tha of. tonder's dismissal within an hour, Jaozsox personally cross-oxamined omiployes whom he snspected of disioyaity to him. Tl is said to hinve hind one clork discharged because ho failed to approcinte a serman w th which tho Prosidant was dalightol. ‘This may be an osaggaration, but it fily illntratas the roal nature of tho s;atem in vogne, That systoun Tias boen in vogae over ninoe. Anoll frioad of JacksoN, who dined with him Taly 4, 182, wrote that day to anaojusintancs, aftarsoma discussion of the spoilasystem : ©Our Republic honasforth will be gavorned by fao- tlons, and the atruggie will bs wh 1 stiall get the oMzes and their emolumen §—n strugg o embiitorsd by the most bage and scrd.d passions of the human beatt. This prophecy hns bean sally fulfiiled, Tho rosponsibility for the corrnption of our politics rests npon the Domooracy. It Is now in power, nt lenst in the House. It has pro- fessed an ardent desire, whon ont of office, to roform tho evils which it originated. But a3 soon as Congress mot, the unseomly seramble for placas nad pelf began, nod 8o far in the session thoro has boon no attempt whateser to do anything in the way of Civil- Sorvice Raform, Itis not likely that thers will be. ‘Tho Democracy is pursning its nc- cnstomod poliey of howling over what Re- publicans have done aud failed to do, and doinug nothing ftself, The Know-Nothing party had o very brief leaso of power in the parts of tho country where it flourished, and tho Do-Nothing party may have a similar ex- perionco. e ) AN ECONCMIQ BTORY. For sovornl years befors tho War thero lived in 8 Now Jersey lown o man who was o manufacturer of machinery. Ho sold coffeo- mills, small atenm-ongines, ote., and tho bulk of his trade was with Chili and Brazil. Ho shippod his wares, at low froighta and in American-bnilt and in American-manned ships, to these countries, sold themn there, bought with the proceeds copper and wool in Ohili and eoffee and wool in Brazil, and sold theso ngain in Amorica, From the nature of his business, he soon becams n large buyer of nearly every sort of manufnctnred goods offered for salo in New York. The Brazilinn planter whom he farnished with the mn- cbinery necessary to earry on the business of a plantation soon fcll into tho habit of ordering anything and overything he needed from this entorprising Yankeo. Onco a year or once in six months ho sont up o long list of what he wanted. It might or might not contain one or two things which this man manufactured, but it comprised hundreds of other articles, from a set of parlor furnituro to so many dozen pnpers of pins. The planter produced only a few of the bare nec- ossaries of lifo; he hind to buy everything olse for himself, his family, his cmployes, sod his nlaves; nad he bought them all through this manufacturer of mnchinery, who thus drove n profitable trade in a thousand- and-one things outsile his legitimate business, The, orders which came throngh his hands sccured the employment of many American workingmoun, nud the mu. tunlly beneficinl exchanga of commodities bo- twoen Now York and South America became greater and graater. When affairs wero in this prosperons condition, the War broke out. Tho * Protectioniats,” concealing greedy and mistaken selfishness under the mask of patri- otism, stealing tho garb of Heavon to serve Satan in, rushed throngh tho Moneme tariff. Ono of tho grent objects of that and of all our succoeding tariffs was to protect the iron manufacture, the very bnsinoss in which tho hero of this ower-truo story was mninly en- gnged. Mark how it protectod him. The cost of mauufacturing was enormous- 1y oubanced, rnd the price at which our goods conld be sold ndvanced in proportion. Tho goods could no longer beafforded at any- thing like tho old prico. Foreign compoti- tors stopped in nud undersold us, These cus. tomers naturzlly turned to the English, Fronchk, and German traders for their no- tions, implemants, aud ongines, and house- hold and plantation wants, ‘Then, having ostablished relations with European manu- facturers, they sent their goneral yearly or dors to them. The Now Jersoy man strugs gled on, selling less and loss nnd at a loss, until a porental Government finally * pro- tected " him into bankruptoy. Hisworkestand idle to-day, n muto protest ngainst tho eco- nomie sins of the United States. e had o brother, who served for somo timo as his agent in Brazil When his trade foll off nnd off, tho Lrother looked sbout to see what could bo done. Ho found that Amorican gewing-machines could still be sold there, Solho came to New York, got the agenoy for ono of tho grent firms on- gnged in the businoss, and weut back. As tho toriff and tho fluctuntions of tho cur- rency koept incrensing the cost of his machines and decreasing his profits, ho final- ly went to Beotland, bought a factoryin Glasgow, and is now making tho mn. chines thero to be sold in South Amerien which wore formerly medo in Bridgeport, Conn, 'Thus two great businessos wero lost to this country, T'ho story has n moral, P ] THE HON., E, B, WASHBURNE'S LETTER. ‘Thoe lotter written by the Hon, E, B, Wasn. DURNE to & ** prominent Republican,” touch- ing; the mention of his namo in connoction with the next Prosidential- campaign, and which was printed in tho ast umber of Tux TninuNE, is 6 modeat wud at the sama time monly declaration, Mr, WasusunNe says: T am not vain enough to suppose that my nnme can ever figura seriously in that diroc. tion [for the Presidency). . « . While Iro. celvo many lettors of the samo kind, I awm so impressod with what Thave written, that I docline all action {n the wny of candidaturo, and in the end, when this Conventiou comes off and my name is never mentioned, you and | other friends will say that I have been wise." ‘Thoso who know 3Ir, WasununNg best will Luow that this is utterod in all sincerity and bonasty, and it shows that ho continues to be, what all his friends have belicved him to be, o wan of sound common sense, whose hoend {a not turned by any glittering prospects of political ambition, At the samo time, Mr, Waszpuaxe is mistaken in his im- pressions regarding tho uon-mention of his nome in conmection with the compaign, Thero aro ot least four promi- nent Republicans whose names are nlways spoken of a4 contingont candidates,—Mossms, ‘Wasanunxe, Baistow, Braing, aod Montox, Other names wuy be suggested botween now and the Convention, but st the present time these four mames are alwnys brought up in discussions upon tho situation both by Re. publicans and their oppouents, and there is o general impression in the publio mind that one of thesa four gentlomen will be nomi. nated. Messrs. CoNgring, FLAyes, ood Iarz- BaneT are also suggested us candidstes, buj they are not sorlously thought of outaide the boundaries of New York, Ohlo, and Pennsylvanis, sud perhaps not in them. The other four are named everywhere,—by Democrats when they discusa whom the Re- publicans msy select, and by Republicans whon they cadvass the probabilitiea of the nomination. But it is safo o say that not ono Republican in ton has detormined in bis mind which oueof the four ha decidodly profors or which ono will be nominated. At tho samo time, there sro misy who have 8 proforence for ono canlidite a3 againit another, some proferring Mr. Bratsz to Mr. Briatow or Mourox, and others Mr. Waas- nunxe to Me. Mortoy or Duaixz. nad so on, but we have yot to hoarof a preforence ox- pressed for any ono of the candldates nncon- ditionally in comparison with tho other three. 8o gonoral {3 this rolation of the peopla to candidates thnt 1t is not impossible, whon the National Convontion mects, the mental choice may ba resarved to tha very hourot Lalloting, aud Dbe nifected by events not now foreacen. Of conraoavery positive man hag a proferonce for his first cholco. It mny bo WasABURNE, and his second for Dnisrow, or vics verss among tho four eandidatos, but no man ean yot say whother his firat aholce will be the clioica of the largest number of paoplo. No man can now forasee who will bo nominated. No one is wiso enoagh to know that the Ro- publican party wiRl oven ba auccessfnl, The contest i1 destinad to be a very close one,—in all probability turning upon the re- sult in ona or two doubtful Btates, Tho choica of the Convention is equally doubtful, and tarns upon ovents which muy yot oceur, It is due to nil four of the diz- tinguished gentlemon whose namos nre mon- tioned ag condidates to ssy that not omo of them has mavifestod a disposition to crowd limself forward hoforo the othov threo, or to engage in any unseemly sonfle for tho office, 09 bing happened in other Presidential cam. poigns, From the combination of all these circumstances, the prospocts are favorable for tha scloction of tha best man, nnd the pros- pects now seom to be favorable for the seloc- tion of one of tho four gentlemen whoso names wo have enumerated. What may eveutuate, howaver, to affect tho Convention botweon now and the timo for holding it, it is impossibla to sny. NEW ENGLAND THRIFT. Tartford is a protty little city of porhaps £0,000 inhabitauts, who are actively em- ployed two dnys in tho year,—dividond doys, —Jan. 1 and July 1, in elipping off coupons. They are just now boginning their semi- nunual rest from the nrduous lnbor of figur- ing out the profits of tho preceding hnlf- yeor. Tho Indies aro having o galn dny among the shops with thoir sharo of the money, and the old heads Luvo quiotly added theirs to tho capital to increase the dividend next July. This is tho process that will henceforth continus in Hartford for perhaps genoratigus. It ia the casiest thing in the world for capital to accumulate capital. It is o rolling-stone, but it gathera moss. It grows larger ond larger at overy dividend dny. Tt grows by what it foods on. Afterit has renched & certain proportion, its lifa and progress are- mssured by o simplo method of low interest and good socuri- ty. Now England is building wp com- munities like Harlford, which rcsemble tho Old England communities which, by thrift and economy, havo aggrogated sufficient to insuro 5 comfortablo existonce for all time to come. It is o condition to be envied but not to be nbused. Great - capital, carefully husbanded and faitly ndministered, confers gront blessings outsido of its own im- mediats cirelo. England sends ita monoy all over the world nt lower rates of interest than it can bo obtained for elsewhere, because it Lins sufliciont capital to afford it. New En. glond will b able to reduco its rates in per- forming o similar function for America, and will grow richer for doing it. ‘This Iittle town of Hartford has a tota! capital of $100,027,235 (nearly two hundred willions) invested in corporations in nddi- tion to the capital employed by individuals, nnd the average dividends thereon are b por cont. The banks run evenly botween 8 and 12 per cent, but the fire-insurance companies aro enrning too much money, None of themn doclared loss than 12 per cent and ono as kigh 83 27} por cent. This shows that rates should bo reduced, snd the Hartford peoplo and other great copitalists must tako thoe initiative for sclf-protection. They can better afford to reduco the rates than a community not so rich ; but If they do not movo in tho matter others will, and ome of tho most profitablo uses of their cnormous capital will bo taken from them. Contingont losses cannot be cited in oxtonuation of ex- cossive dividonds ; the way to guard against them is by judiclous distribution of rislks. Chicago will recaive a largo sharo of the bon- efit thnt will ensue from o reduction in rates of insuranco and rates of intorest. There is no other Americna city which is entitled to 80 low a rate of fire ingnrance, for thore is no other city whare the risks aro so small. So to somao oxtent in regard to rates of interest. Thero is no city that can point to so large ond steady on ucrease of its business, the fira and tho panio to the contrary notwithstand. ing. Hartford Lns probably twice as much money finvested in Cook County nlone as it bad altogethor in lonn. nble capital thirty or forty years ago; some of this will have to bo renewed, and Hart- ford will find it to its own advantago to ro- now Chicago loans at lower rates, Its capi- tal will laat longer and accumnlate more stendily and certainly on this policy than any other, and the relation of its Bgures forty years from now to those of the presont timo will be ns astounding a3 the present are to thoro of forky years ngp, Tho proposed impeachment of Gov. Aszs by the Legislature of Misaisaippi is one of those extrnvagsuces which party blindness frequently inspires. Gov., Anes resigned his seat in the United Statos Sennte to bo elected Governor. While Governon, ho was avowedly o candidute for election to the Benato for the long term beginning in March, 1877, The State wss unquestionnbly Republican. A large portion of the Republicans were op- posal to Auxs' election to the Sonate, and, in moking seloctions of candidates for the Logislature during tho last year, they notn. innted anti-Axes men. Ofher distriots nom- Iuntod men pledged to vote for the Governor, Augzs, however, made the mistake of using lis pstronsge amd other official influence against all Itepuldicans who were opposed to him. He treated tbem ss Democrats, This bhad the ‘effect of intensifying the opposition in Lia own party. Tho Coufederate Demacracy encournged this strife in the Republican rauks, aod uoited with tho anti-Asms Republicans, taking care, ho wover, to seouro a Democratic wmnjority in the 'Logislature. Not contont with this victory, which secured the eloction of a Democratio Senator in a confessedly Re- publican State, thess Democratio Confederates now propose to go farther, and to impeach Gov. Axzs ond romove him from office. Having got rid of the Governor, they will theu, by the samo process, dismiss the Lieu- tonant-Governor and have & Democrab suc. e e — e e ceed. ‘Thoge nro the faots, There onn hard- Iy ben pretonse that the impeachment, has any other substantial ground than that of putting out a GQosernor of opposite politics. Politieal impenchuonts ave an enormity which tho American peopls will never justify, The hot-headed Confuldorntes of Missis ippi may puals this ono to a fonlty, but the people of the United States, bolding the Democratic party responsible for the outrage, will resent and pnnish the outrage by a national con. domnation. Tha little Kingdom of Greoco has capped tho elimnx in the way of investigating politi- enl offundera. Every mombor of the lnst Ministry, excopt ono, is Lo bo put on trial for violaling tho clectoral law, Tha enble dis- poteh has not indicated tho details of their offenso, but it will strike the gonern! render as very curious thnt thore ean ba aaything in tho deoayed City of Athens, or inthe whole decayed Kingdom of Gresce, worth intrigning about, or that tho descendants of Sormoctes and Pentoves, who have about as much connection with tho world of to-day ns their nncostors have, nre rash enough to ex- posa themselves to modern penaltics by adopting modern fashions of political cor- raption. Wo ara not awaro of tho condition of justice in the vicinity of Mars Hill and the ‘Pemplo of Themis, but if itis no bettor or healtbior thzn the godless’ condition horo- abouts, the Ministry will not suller very se- vere punishment, ‘Wo commented a fow days since upon tho romarkablo publio spathy with which the an- nouncomont was received that a prominent nierchant, Mr, Bawsirr, of New York, Lad beon robled of 300,000 by his confidential bookkeeper. It mow appears that the em- Dbozzlemont armounted to §700,000, and that it was carried on systematically for a number of years, The fact that a morchant could bo robbed of such a vast amount ag this, and not discover it until long after it was done, is ovon moro remarkable than the public indif- feronca to the crime. It cnnnot bo possible that n sonp-mnkor’s rovenues aro so prineoly that 700,000 is n mere bagatelle, tho loss of of which can be discoverad only by accidert. The inferonce from the fact is that, while Mr. Banyrrr may bo a most excellent soap-boiler, heis not a first-clogs momnger of his own finaz.cos. st e THE DYNAMITE FIEND, Tho terriblo destruction of lifo at Bremor- bayen may, on tho whale, bo n blossing in die- quiise, 1t mado koowu to tho world tho mesns by which TioxasseN and his associates proposod to make tortunes, and by tais dlscovery, por- bups, 8 dozen steamers with all tbo souls on Loard wero saved from dastruction, Certaln it is that, should one of these turerval michiues eriploda on board sbip, no one would bo lafe to tsll the story of bor losa. With moro than dievilish ingonuity 'TxoxasseN planued his #chiemes of pundar on the mutdervus prociple that “*dead nen tell o talow."” 1t soeme tont o suspicious box had been lyiog ‘in the office of the White Etar Line einco tho armival of tho Co tle, which loft Liverpool for Now York on the 14th of Octoboer. DBofore leav- Ing, TuosasseN putthis box on bonrd tho stesm= er, ropresouting 1t te contain £30.000 fn gold coin, Ho wished to twre 1 fusurea for the fult mount. IIo wastold that this wre unnecessary, 1t would bo put tn & kafo ronm, aud daskles, the undorwriters would have 1o examine the conteute of the box belorn takiog the riak. Tuie doubtless determrnod Lim to let It go without further troable. sud, to allay aoy possible sus- picion, Lo took passago blmeell on the Caltio. Dut bad e offoctod the insurauco ho would, doubtlees, huve nlso shipped his infornal ma- chine, which failed to reich tho ebip, snd awaitod resulta. As Iu aneo of othors, be mixht havo suught notoriety in brs providantial oscape by failing to roach the ebip before ahe started. On arciving, TuoxAssEN told the Castom-House officor that it containad eartridgoes, avd that he would cail forfc 1 A day or two,—n thiog be never did. On Tueadav, Copt. KENSEDY. of the New Yorx police, and tho officors of tho Whita Star Lino opeucd the boz. Thoy foud s box insde of tho outer one Binea with sieol aud bound with iron bouds, snd put up very much as o epecie-box. ~ Thoy contalned shot, the whole, doubtiess, carciully weighed 40 8 to corTespond with about §30,000 in cain, Funding 1t fnpo:sible to got insurauco ou boxes sad to comiam coin witbout examiustion. TuoxaeseN arzauged tosuip on board the Aose, from Southsmpton, boxas purpartiog to con- tain valuablo merchandise, arrauging his machioe to oxplode fiom two to four days altor tho gtoamer Erd left port. Had it mot ex: loded by acexdent nt Dremorhaven, tho vessel would almost wurely havo novor beon Leard from afier leaving SBoutha.upton, Of courso tho annjalg of steamshlp nud versel liues sio now fare- warned by the discovery ot Tioxassry's flendials echiemes, a8 are alsd und e1writors, aud thoy will, for o timo at leust, oxorcyso tho gresteat care as tothe coutents of tho Lioxes thev receive for shipment, Tha developmonts thus far made are hurnble beyond measurs, and the most rigia serutiny should be used Lo | wevout thom, A nowspaper of this olty contained, in ita{saue of the Gth iuat., the following ¢ TLo g rugraph in theno dispatch 0w yesterday morn- ing relative (o the rumor bero thut prominent Cufe v1 g1 1apitalist would be ealled upon to rive aud oxplitn hits counection with Whisky 1tin gaters bus olieited arnost 1nquiry from Cuioiga usto e identity of tue Indiviaunt, For prudentd reanons tlie name is for tho jroscnt withueld fro Uil ution, It may be wald, however, thut tho gou 1n & yrominent bauk orof th D.mocratls persussl And upan the ssmo dav thoe /'cst and Aail fu- dulged 1 tho followlug editoilal stommont 1 d *4 vioudoent Dsmo Abe | rinciple that 1 Union th-re fs a 1 agth ™Y This manitest *diive" at thu Prosident of tho Unjon National elicited from t1at goutlemn this comprohensivo 1espcnse, wiich iy sufl ciently oxplicit to prevent any sup paeition that Lia was the vervon referrad toin the origoaldle. pateh, or auy misapprohousion hervadter in tha: regard; s v te Editor of the Chteago Post and Mal: Cuicavo, Jutl, f,—Tha refercuco in & brief editorin] in your faave Of this eveulug toa * u.uler? sn: “yrowuent Democrat,” fu 10 u.ction wh.[h ths WhI-ky Ring. 18 too po'uted (0 be wlsundaratood, o, 50 £l a1t I8 futend.d to refer 1o mo, ds witbout the lo.st sbadow of fouud ti, 1 bavs uever, s & banker ur &3 on Judividutl, bad the sligltest conaction, uir.ct or i ddre. {, at any fnie oF Nikce, or 13 GNy WGNHA Ty elther myself 'or with any (om|Ahy or parsym, with, {u, o {or,tlo manufuctute or sals of, or tie payient or noy. puymicnt of, tuzes on whisky, wud I vhialiengo and defy Jeind of catiuy 1o ot to tho mow trdvint eisvum. stanco suchs ny whols Lrsiness oxperfeucs to Justily evou lclon, Xouiatzuly, W, F. Coonivax, et — Genos bua not much causa to en7e Gennvs, potwlihstandiug thy lute Duke of Brunswick's douatiou to the latter city, The former bux alsn tound a ducal besefactor In the paison of the Duka D1 GALLIEDA, Wlio is giviog awsy much of the moucy ded, lle has pressoted Oenos with a patace uud o ga:lery of uoble palot- ings, smoug them many oy VANULYRE, but all wu- fortuoately injwed by various Injudiclona at- tempta to retouch aud restore them. Tue Duke Las also Lauded 4,000,000 to the clvio autbor 1tics for tho improvemont of the harbor. The time will cume with the gioath of wealth when wo sliall bear of such beuefsctions on this side of tho Atlautie. At present, tho only plice whiere an approximation to them seoms posuible {v Clocioual There i » rare degros of public spisit thera, In Ban Franctsco, Liok 1evolies his gifis ; in New York, Srxwaur lets bla Woruing- women's Homesiaud unfirisbed aud unleusntoa for yoara sud e'sowliere the iufrequent weslthy wan keeps bis money o bimaelt, though H.H. TA11.08 has set an example hern whicl wa bave nomo sint hope of seeiug imis The Now York Tribune, whioch has nosympa. thies whatover with the prasent Admivistraiion, aud hitberto bing leaned toward 1he Democraoy, bas boen forccasting the results of the next Presideittinl election upon the assnm: tion that New Yok will ba the resl battlr-zround of the camnaign, and puts itself on record 1 tha fole lowing maunory Bupposs the canlidate to bs Mr, BuAixe or Mz, paterow. Wonl i not thi) epu lican _party have new lite t onro 2 Would ot ehargy, diesatlaiction, an g dsmoradlzation giva way Lo autlrily, euthiasle o ani 1140 ol esprit Ue corps of 1904 and 14882 Who oowd #13, In such an eyent, thit New York belodyed In the colimn of fobab e Demnccatio Biates T Thie influences which have lost New York totho Rapt lican in racent olertions are fert abating, Local Liaues cannot b glvon tuch vitali'y n tie midet of ths tremendous cxcitoment of & Prialdential atrugge. Toe nearness of that atruggle bad n merkcd offect on tho vote lasi November, Hlrong motives existed then for giving Qov, TiLD#N's *ousl 7oil'y an impreasive judorse- ‘mentas & revuks (o Ihfoves and an encoursgement te enorgeio haenty fu politics but the Blate arudgioyly ave the Govortior's il ket an fnsisnificant muf ¥ iy, iy next 8 immer nobady wil ¥ote one .y or thie « tar on acoount of the exposura of canal freuds, aud the Bt.ta will rolurn to ts o Ropublican allaglance. Assunung that Gov, TitpEN may be the Demo« eratio candiato, tho Tribune says: Thete it st posslullity that with Gov, TILDXXN aa thele cand{d1ts the Demoarats might yugooed. B it thoy urs not likely to nomiaite him, A Dswocrails Nstional Conv ntfo.s ls usually concanteatad politiail supidity, In 11 1he parey tioin 1 ted a0 gasureste fal Genoral, when all s gaitutry winted of miltary men was suce:ss, 1n 1318 14 $20k a New York politle clits who could ok carry his own State, and threw away Its chines for carrying the West, where iig grautestatrengta then Iay. “Now it {n essential tbat iy whould #old the groind in the East which §: won In 18713 bat fustord of s:lecting s popular Eistern ndle date it will, I all probabllity, put up some Western mau, and thua loss tho figut befure it 18 fairly bayua, Hut ‘with Gov, TiLpE a8 ita cunditlate the Demce acy wonld aearely bave an even chanco ‘of carryiug New York, uer the Isaie {8 prosmted whather tue gunne try In Lo be Landed over to & purty tuit bes shown ne‘thor {ufedigin-e capacity, nor bonaty, tha excel fang record of M, TIL)Ex In tLe oilics of Governor wall ot have mucis weghts Certain parties are ondeavoring to clroniate tho revort that Tix TinusE Lias a candidate for the oftice of Boztatary of the Bdsrd of Trade who wi'l be brought forward 1u oppeition to Mr. Raxporrn st tho eloction noxt Mondav, The statement 18 eualiy unfounded ea that made by Mr. Baxpoirs bimself, whon he wrots that Tar Tripuse bad misropresonied sad abused bim previous to the 23th of Decomber laat, Not only has Tue Toipuse no csodidate for the offiee in question, but wo have no objection whatever to Mr. Ranvorpir being continusd o the oifias, if tho Directors want bim. At the sams time, we moy talio this occasion to say that, while there ara a dozen or more men on tho Board esct of whom conld acoeptablv perform tho duties of the oflico, thore is* probadly not one of the number who would be so dictatorial and solf-sufliclent aa be. ‘Lhe groat troable with de. Ranoouen is, that e Is not satafled to bo soytbing less than Dictator. If Lo would conceds that other peo- pla havo tho righy to expross sn ooinion in oppo- wition to bis own, he would: make & vorv good Becratary, und tha Baard would nesd no better. S G A now theary aboat Hamlet hay beon started. Mr. W. MiyTo, in's commumoation to the Lon- don Academy, insists tiat tho nge of tho hero of tuo tragedy was out 17, Ho quates somo pas- wagos from theplay fn sapportof tms, sod arguos @ priors that boys uonder 20 are mora apt than mon of 30 to indalge in *‘ead and thoughtful questionings of life,"—a statement with which persons aojuainted with tlie graver sort of conveorsatioa current among collego boys will not be unlikely to sproo, The argument gathers streogth from the faat that tho Eliza. ootban ides of yonth differsd considerably from ours. Bir Prrue SyoNsy waa litlle more than & boy wben Queens courted hls alvicos. Bacox was 80 yenrs vld whon ho eaid ho was * waxing somewhas aucient.” SHAKSPEARE Was ecarcely past his third decsdo wheu e described Lim:clf a8 “Leaton and chopped with tanued antiquity.” These casos are citsd by Mr, MiNTo. Bimilar onos oaa be founlin s forgate ten book by Dr. Geosox M. Bzano, of Now York, puolished two or throe yoata ago, - The Amoriosn oltizons of Esquimaax descen ongagod iu the task of catohing seals in Alasks aro either very happy or very misorable. ' Half tho peoplo who have secn thom ssy tho former and baif tho latter, It seorna impossible 3o de- termine, &t this distanco, whether tao manopoly enjoyed by the Alasta Commercisl Compioy I8 doing tho oati/es harm or good. Probaoly the only wav to find out would b to sond ad lavesti- gaing Com nittoo up tnere. This would aftsrd leasnnt trip for & number of Denosrate. Care atiould bo taken, howavor, uot to seal toa manv, for then tho masjority at- Washingtm mtght not be large onough to ipaurs ths passge of the bill giviog pensions toall tae ex-Oonfed- cratos. ‘h —_— Ohlo Laving basated of the discovery of s gone uins §7 paluting by Morruro, Ihams 2ass ono batter by prosenting tvo pluoss of soalpture by Oanova. Walls Collage, st Aurors, orn4 thexm, They ars marble buits of Karouzoy L azd Martz Lorzex, The story ruus that Loms Pruerg presonted them, lu 1333, toa dlstine gu shed citizen of Mexico, at whose desth the} were sold and afterwards brought to tbis Stata .he ouly very lucrodible thing about tuis it Lowis Pumpre's giing auything swar, He was_nover guiley of such geoerosity on sy othior occaslon, bat may have indulge1 Lo it chls time for the sake of enjoyinz & wholly novel sonsation, Detalls of tha reforms decresd by the Sultas, Doo, 14, not ex:cuted yet, and dastined tore- man oovoutities forover, have vesohed us. Forced Iabor fa abolished; nen-Mahommedsus nay hold property ; ¢sah craod cau alect its own Judges; all otficial posltions sre open tb all witbout regard to religiony perfecs toleran will bo manialned. Theso look pre:ty oo psi wo shmli not have the chance, winle Turkey stroiches boyand the Balks s, to kaow now thoy lovk 10 practice. —_———— PERSOFAL. The Saturday Review solomaly observes that Lady Woo+'s novel, **Balow 440 Balt,” in ** threl volumas of diasgre ‘ablerubbush:" Charles Dadley Warner wava Pragae is tbe most picsmesquo clty lo Enrope. Back-log yindied do not necevasmily qualify m fellow $0 Juags of piorurss jue offsats, Onloy Uall, the actor, Lias falled, The lut nighite of *The Craclble™ are annoinced Jol s Dillon fato bo the principal attaction ab 1he Parlc Thsatre aftor the reiiremans of (il The Vermout wait wh) iss been personating Cha-lev Ross seems to bs & remarkably preso- cious impostor. He will be Ia the \Vhusky Rlnz and havo a front pow at church when he be- comes & man, A coltection of Prinos Bismarck's private lsts teru, lucluding csrialu letters to his wife, hss beon publisbed by & Paris Journal, ‘wheyare nob romarkable, 80 far as kuavn, except us tuey e t ‘Tus Cincinnatl Enquirer called Bigaur Taglls plotia *a hog” beosuss he refused. to wngla two operas on onediy. The Graphio thinks Tegllaplotrs is & hog thas he carriad coats 10 Nowcastlo whon ho weet to Porkopolls with opera. i Henry 0. Bowou dil not ‘purchase a sitting I8 the recent eala of Plymouth Clursh pows. stlll, smll volos wish $50) or 800U at the end of is was axionaly awaited; bus 1t csme ot We fear it lias been frozeu up somewhere in Northern Pacifio regiou. Tho new Johios Hookins Ulversity fa Baltl more §s to ba noique for paying decent salacisl to its Protessors +The exam lo shoald ba widel) iwitated. The Proleesor of Greek, Prof. Gilderrleavs, formerly of the Univermty of Vi& wiuia, {3 to bave $5,000 per anoam, \Wnen Congrasman Lamar was returniok liome at the 0.08a of the sesion of Conaress {8 1800, » nowsboy oa the Mempais & Chalratos Ralirssd inwated that be should purslase & Lo rapestedly offered him, Anncyed by bls pef” tHoscity sad anzions 10 be rid of hum, Mr. 5/ R