Chicago Daily Tribune Newspaper, February 9, 1876, Page 4

TERMS OF THE TRIBUNE. 4 s BATXE OF AUBSCAIPTION (FATARLE 1N ADVARCE). Pontaxe Prepald at this Ofice. Dalty BAItIon, post-0atd, 1 30aTuerersssesssasesess B13.00 Parts of yosratsamo rate, rEKe for. 1.00 x’«‘nfi!fl“n‘i'fl?{::: AR M Theal.. Tri-Weekdy, posi:paid, T Parts of yrar at sa. Onaco e "’.:‘ ryar, Olvbiol Hive, ter oo Ulub of twenty, por cop) . The postare le 15 conts & yoar, which we will propay. Specimen coplen aent frea, To prevent delsy and mivtakes, be aure and give TFost-Office sddreas a full, Including Statoand County, Hemittancoamsy be mads elther by draft, cxpross, Post-Ofice order, or in registored leiters, at our risk, TERMS TO CITX SUDSCRIDERS, Daly, delivered, Bunday sxcepted, 23 oenta per week, Daily, deliversd, Bundsy inoludad, 30 cents per week. rean 'HE TRIBUNE COMPANY, Corner Madlron ta., Chicago, Til AMUS ‘MoVICKER'S THREATRE—Madison atreot, hetweon Dearborn and Btata, _ Engagement of Mr, and Mrs, W 1. Florsnce, * The Mighty Dollar.” 2Y'8 THEATHERandolph sirest, between Doty Laallo - The Galiforaia Mumsirals, ~ Afior- Boon and evening. ADELPITL THEATRE—Destborn _sireet, corner Monroe. Varicty performance. Aftarnoon and eveniug. WOOD'S MUSEUM—Monron strect, hetween Deare bflm‘ and Btate, *¢ Litllo Barefoot.” Afternoon and svening. SOCIETY MEETINGS. GARDEN CITY LODGE, N, 141, A, F. and A. M.— A Jicgular Commutication” wiil bo field on Wedziesday pvening, Fab, 1, at Ur{%nlll )h{l. ‘l‘l ml'k ol?e“lhn AL M. 3 ron fraternally fusited. oot Viliog et H.F, HDL)E:(L\UI. WML L. L. WADSWORTH, Scc. Whe @hionge Tibune, ‘Wodnesday Mornming, February 9, 1870. Greenbacks at the Now York Gold Ex- change yesterdny closed at 883, If not rain, then snow,—with a slight’ majority in favor of the former,—is the con- clusion to be drawn from the meteoralogical returns 5o far a8 heard from. Services of respect to tho memoty of the tato Dr. Samves G. Hown wero held in tho Boston Music-IIall yesterday, and wero at. tended by n largo concourso of people, among whom mnn} denf mutes and blind persons were noticed, Addresses and pooms by emi- nent New Englanders made the occasion o memorablo on ‘Tho Iilinois Democratic Central Committeo demonstrated tho fact of its existenco by bolding n meeting in Chicago yestordny, It domonstrated littlo or nothing else, excopt that in tho present chaotic condition of policy ang principles the party in Ilinois is wholly at sea. Beyond an informal discus- son, the Committeo accomplished nothing, » nd adjourned no wiser than heforo, The Democratio House deserves the thanks of the mercnntilo and busincss element of the Union for the passage of the bill repealing tho present outragoons incitement to swin- Uing and all forms of dishonesty commonly salled tho Bankrupt act. The Republicans in large numbers lent their aid in removing tho odious enactment from the statute-books, wis shown by the vote on the repeal,—186 lor and 67 ngainst. A touching episode occurred in the House restorday in conncction with the eulogics apon the lato Benator F'rany, of Connecticut. Gen, Ganrrero rond the eulogy prepared by e late Nopresentative SrarxweaTuer, of * Connectiout, who had requested him to read Win coso tho condition of his own health thould provent his attendance, Alr, Sranx. weaTHER Rubsequently died, and the reading of tho culogy of the dead upon the dead lormed an fpressive sceno, The debate on tho Queen's speech in tho British House of Commons yesterdny fore- shadowed the opposition which may be ex- pocted when the question of the Suez shares purchase cores up for action. The Marquis »f Hanrixoroy, the Liberal leader, outlined the policy of his party in n speoch attacking Disnazr's pet monsure, questioningits sound- * ness commorcially and politically, and claimn. ing that the advice of Parlinment should have beon taken previous to the closing of the purchaso, United States Senator Cunisrrancy, of Michigan, aged €4, wns yesterday united in tho holy bonds of marrisge to Miss Iaruie Luaenpree, ex-clerk in the Treasury Depnrt. ment, aged sweot 10, The Benator, who be- lougs to the Indopendent party, hins certainly mnade & very independent choico, and has shown commendabloe courago in relieving the Indy of o name which waes certainly nat re- markable for euphony. 'The oveut shows 1liat the Judgo has quiotly Leen having ar vestigation of his, own in the "Freasury De. partment which hag Loen retorkably suc. censful, An interesting transcript of tho present aspoct of the political state in Iilinols, ay re- lating to the State canvass of 1876, is given by a Springfield correspondent. Mattors aro In a delightfully uncertain condition, and, so far 08 now appears, the only thing that can bo confidently nsserted is |tho fact that thero will be no lack, of candidates in cither party for tho honors to be distributed next Novewber. It is too carly ns yet to cnst the horoscope, for in this centennial year the people menifest a disposition to re- Yiove the politicians of the labor and respon- sibility attondant upon making nowinations, Ono thing is cortain—that, from tho list of names already gossipped about, there will bo no . diffienlty in maling up exceptionally strong ticketsa Ly both Ropublicans and Democrats. Queen Viotoria yesterdsy opened the TBritish Parliament, but did not go in state, oud her speoch was not delivered in perdon, us had been hoped and fu some measuro an. ticipated. Tho spoech conveys the assurauce that Her Majesty's relations with all forvign powers continue of & cordinl choracter, Alention is made of the Turkish troubles, the purchase of the Buez Canal shares, tho marder of the English surveying party in ‘Western China, the robust health and com- ylote felicity of tho Princo of Wales on hix India excursion, the massacra of tho British Realdont by Malays, aud of Government wmeasures to be submitted for the consideras tion of Parliament. 'he address, however, containg no referenco to Gen. SoweNok or , the Bancock trial, and various other matters of general interest aro ignored in tho most pointed and significant meannor, Such a menifestation of contempt for republican institutions will not fail to excite indignant comment, z ET—— The Chicago produce murkets were nerv- ous yesterdsy. MAless pork was in better demand and 800 per brl higher, closiug at THE CHICAGO TRIBUNE: WEDNESDAY; FEBRUARY 9, 1876 $20.50 cash and £20.70 for March. Lard was 1mora netive and 1560 per 100 1bs highor, closing ot $12.32} oash and §12.47} for March, Ments wore quict and stendy at 7o for boxed shonlders, 11}s for do short ribs, qnd 1130 for do short clears. 1Iighwines wero quiot and unchanged, at £1.06 per gallon. Flour was dull and firm, Wheat wns nct- iva and 1e highber, closing nt §1.02} for February and $1,013 for March. Corn was in better demand and §c highor, closing at 40J0 cnsh and 41je for March, Oats wero quiet and Jo higher, closing at 31}c cash and A1fc for March, Rye was quiet at G7e, Barley was dull and le lower, closing at 7330 for Fobruary and 690 for March, Hogs were in liberal aupply, and sold at 10@160 lower, closing woak at 37.50@7 75 for pack. ing grades. Cnttio were in exceasive supply and declined 15@2ic. Sales at $2.60@6,00. Sheop wero innctive and ensier. On Satur. day ovening Iast thero wns in store in this city 2,844,071 bu whent, 1,318,818 bu corn, 466,120 bu oats, 140,810 bu ryo, and 798,182 bu barley. One hundred dollars in gold would buy $112.87} in greenbacks at the close. — Stirring avonts in the grent legnl sparring- match at 8t. Lonis nre chronicled in our dis- potchies, Tho trinl of Gen. Bancock fairly began yosterdny, and the first day's proceed. ings givo promise of a tromendous struggle botween tho prosceution and the defense. The jury is composed wholly of gentlemon from the rural districts, the Court 18 ominent in lonrning and integrity, tho eonnsel are numerous and remarkably able, and in every pnrt of America tho progress of the trinl will bo watched with intense and peeulinr in. terest. The policy of tho defense ns in- dicated yestorday is one of stubborn resist. anco whenever a possible point occurs—n policy which recoived its first set-bnck in tho decision of the Court on the admission of testimony to provetho existenco of tho conspirncy for three years past. District-Attorney Dyer's bponing speech was n bold and positive declaration of the perfect preparation of the Governwent to establish beyond question tho guilt of the defendant. THE TARIFF AND EMPLOYMENT OF LABOR “Tho "Uariff bill proposed in Congress con. tinues to distress the organs of tho Protection Ring. ‘They Lave made the most frantio ap- peals And hiave published tho most extrava- gont statements of facts and theorics. ‘Tho United States hava all tho elements of n grand manufacturing country. They cm- brace overy varioty of soil and climate; have the most abundant supply of metals, includ- ing gold and silvor. copper, and lend, and nickel ; thoy hava the cheapest of conl in inexhaustible quantitics doposited in oll parts of the country; they have a perfect system of internal transporta- tion by wator and rail, rendering the move- ment of raw materinls and manufactured goods easy andeheap, They have, asno other wmanufacturing country has, cheap food and in obundaito; they have the advautage of all rivals to' the extent that thiey, furnish food to other nations, In regard tg the great staple commodity, colton, we bave almost a monopoly. We produce it of the best quali- ty, snd, having but littlo use for it, export it, and tho mon and women who labor in tho cotton-fields are clothed with goods manufnc- tured of Amorican cotton in Great Britain | Thus, with the cheapost of raw matenal of all kinds in unprecedented asbundauce, with cheap fuel in inexhaustiblo quantities, with brondstuffs and meats produced at the very doors of the mills and factories, with un- equaled water-power, ond, /s asserted by the Protection organs, two millions of unomployed lnborers, many of them depondent upon charity, and some of them, according to Pig-Iren Kernrer, forced to be * tramps,” wo refuse to manufacture goods for export! Wo havo the factories, tho fur. nnces, the mines, tho mills, and the work- shops, with the means and appliances to pro- duco iron, steel, leather, wooden, cotton, woolen, and other goods, in quantitics and qualitics not only equal to tho supply of all tho people of tho United States, but to sup- ply thowants of other countries with as much American-mado goods as are now sont to them from Grent Britain. Why is not this dono? 'Why do we work cotton mills, and woolon mills,and iron furnaces, threo months ot o time, aud then closo them, to ro- sumo after o whilo for a brief period and close again? It {s becauso wo have an inad- equato market! Qur factories produce more goods in three months than can bosold in six, and have to close until tho surplus prod. uct is disposed of in somo way. In the wmeantime, tho Inbor, being employed but o short timeinstead of continuously, is engaged in a chronio striko for wages higher than em. ployers can giva, Theso laborers and their fawilics, ont of their scant snd irvegular wages, have to pay an cnonnous tariff tax on all thoy consume, The man has topay on his boots n tax of 85 per cent; on his cont, vest, and pantaloons, GO per cent; on his cot- ton hasiery, 60 per cent; on his undercloth. ing, 65 per cent; on Lis hator cap, 60 per cent; on . every articlo of furniture and bedding. from 40 to 125 per cent. TFor the clothing of his wifo and children ho has to pay o tax equal and in some respeets exceeding that paid on his own garments. 1t the wifo ventures to purchaso a yard of ribbon, n pleco of edging, or worat- ed buttons or fringes, sho has first to satisfy a tax thereon of 75 por cent, It sho vontures to purchaso & common woolen shawl or a cloth coat, the tax is 100 per cent. That is the way labor is taxed,—taxed out of £i0 per cont of itsscant earnings, Now, how is tho manufacturer tariff taxed ? Mo is taxed in like mannor on tho cost of hig machiucry, and on mnearly overything ho uses jn his business. Two or threo yonrs ngo, tho woolen munufaclurers of Rhode Island memorinlized Congress, praying for relief, and in thelr memorinl thoy sot forth in detail some of the taxes imposed by the tarilf on their business, and tho list is a4 follows: Yercent.| Articles, Tor cont, orax, .. L Auiline dyes lbrimuione $10 perton. . — Ex. aunotto, 10} lirvomu., a3 40[Nitrata of Al 20, Muriate . 22 Twing, ... ‘These Rhode Island manufacturers in that memorial declured that *“all of the above taxes enhance the cost of Awerican woolons, and constitute a bounty {n favor of Ui foregn woolen manufacturers, who are exempt from They have iron, and | their payment.” 'They further ndded: * The ligher the taxes aro on all the raw material that enters into the expensc of making our goods, tha more it pleases the forcign ool manvfacturers.” Theso deadly taxes produce but litilo rev- enuo. Like reprossive taxes are imposed on tho prodnetion of cotton goods, ou silk man- ufactures, on leather and glass manuface tures, none of which produco mnuch reveno, bt all hielp to so increaso the cost of produc- tion that the foroign manunfacturer who paya no anch taxes at home can undersell ns in overy foreign market, and often at our very door. Honco wo cannot export our goods. Now, the proposed tariff repeals n very largo proportion of all tho injurious taxoes which enter into nand increnso the cost of mannfactures in this country, nud it Iargely reduces all the others. It proposes to ro roduco the exponse of pro- duction that the American manufacturer, having all the raw wmaterinl at first cost, with the advantags of chenp conl and cheap food, may produce his goods chenper than the British and sell them abroad, When our cotton and woolen mills and iron catablish- ments can sell their goods in Russia, Tur- key, Central and South America, Mesico, Conads, Chinn and Japan, and tho West Indies, as cheap a9 they can be sold by the manufacturérs of nuy other country, then the American manufacturers will have an absolute monopoly of tho homo markot. When we can undorsell tho foreign manu. freturer, s wo can do if our manufacturers be placed on an equal footing with them in the coat of production, wo can undersell them nt home, which is not done now, undor excess- ivo tariff taxation, Then, instond of having the country ovor. run with foreign goods, our own mannfac- turers will produce not enly for their exclu- sive market in this country, but for the mar- Iets of the world, Iustead of running mills on one-half or one-third timne, the work of production will bo contintons; the Inbor, in. stend of being hinlf unemployed at beggarly wages, will linve regular and steady worlk the wholo year round; the wages of the laborer, instead of being consumed in paying tariff taxes on all he wears and uses, will be pro- portionately incrensed by having in bis hands tho money now taken for taxes tondd to his comfor{s; and, finally, the “two millions of men” 80 pauperized by Protection, instead of living wpon charity or becoming tratnps, will enjoy tho luxury of continuous employ- ment, cheap living, abundance of food and clothing, and be contributors to the national wealth, TRIMMER HENDRICKS, A TPhiladelphin dispatch to the Now York Tridune, undor date of the Gth inst., repre- sents that the feeling for Ilexpnices in Poun- sylvania o3 the Democratio” enudidata for thoe Presidency is very strong, and that ho is gnin- ing ground in thnt State, It says: * Prob- nbly nine-tonths of the men Wwho, from their prominence in the party, are most likely to bo selected as delegates to the National Con- vontion nro opon supportora of his candi- dacy. Thoy insist that Hexpnicks is the Lest represontative of the avernge opinions of tho Deomocracy of the couniry on all pnblic ques- tions, and that he is a good compromise can- didato for the Enst and tho West.” "he writar of the dispatch might hove gone still furthor and claimed for tho Great Amori- can Trimmer tho honor ' of ropre- senting the averago opinions of every- body in genernl and nobody in par- ticular, and that as o compromiso cnndi. dato ho is not only available for the Domoc- rncy of ‘this country, but for the English Tories, tho French Bourbons, tho Spanish Carlists, the German Ultramontanes, or any other party in any other country of the world from Greonland to Now Zealand, If ho hins any policy, ho has never declaved it. If ho has any opinions, he concealsthem. If he lins any bockbone, he has never shown it. Ho ia nll things to all men; one thing to no one. Like all men of this class, ho is un- relinblo, untrue, and treacherous,. Under such circumstances, his nomination by the Democracy would be n confession of weak- ness; his election would Lo a deplorable calamity. On tho question of financo, which is one of the parawount issues of the day, no one knows his opinions, and from the timo he de- livered his point-no-point speeches in lnst fall's Ohio campaign to tho presont, no one has been able to say whether Le is in favor of lioncst money or tho * Itag-Baby,” or of ecither. As tho compromiso candidate of tho Democraay, therefore, ho may be presumed to sit upon tho financinl fonco with one logon tho soft-monoy and the other on the hard-monoy side, e had, during tho Robellion, o ca- pacity for advocating Union and socession, slavery and anti-slavery, treason and patriot- igm, in one and the same specch, which font ho accomplishod at Shelbyville, Ind., in the campaign of 186263, A third instance of Lis trimming abilitics has latoly como to light, more significant than cithor of the other two casos, as it proves the nssertion wo have already mndo, that o man who i a trimmer will be wnro- linblo, untrue, and troacherons in an emor- geney, Col, O, W. WoorLey, of Olncinnati, has modo public n statement that on tho {th ot January, 1808, ho had an interviow with Hex- vricrs at the latter's house, upon which occa~ sion he pledged himself to support Pexvre- 1oN. Four days later, the Indiana Domocra. ey indorsed PenvrrToN, and Hexpricks made a speeeh approving its action, Four days lnter, e was at a ILancock conforenco, in which he violated his plodge towards Pexpre. ToN and promised his support to Gen, Hax- voor, Beforo spritig was over, he betrayed Haxncock and turned up in the Convention aan candidate himself. These facts having been made public, the only roply of tho Great Amorican Trimmoer fs to theeffoct that, o8 Mrs, Hlexpmicxs wos present at tho intorview relative to ‘Prxprrroy, he cannot bave any controversy with Col. Wooriry without involving her, “I'his {s vory neat in evasion, even for 1lxnpuicss, but the Trim- mer has met his match in the Colonel, who, in aletter to tho Cincinnati Jnguirer, thus shows up the crookedness of Hesnnicks, Loth towards Pexsoeron and Hancoos : CixeINNATI, Jan, 81, 1676.~Ta the Eaitor of the Cine clunaty Kiquirer; Home oue bas been kind cnough to seud uo acopy of the Indlsuspolis News of tho 27th inst., containing tho result of an futerview with tho Hon. TuoMas A. Hexvmiokd fu regard to 1oy charge agaiust him of bresking hls promisos in 1838 ta the friends of Loth Mr, Gronax H, PexoLEvoNn and Gen, W, B, Iancoox, Afr, HENDIIORS Was pleased to wayin the *iuturview ® that our couversation respect. ing bis promise to AMr, PeubLYTON Was hold Iu the presence of & wember of bia famlly, sud he cannot thereforo repeat it. Whereupon the News indorses his position as exbibiting “a fecling botl commendable and manly”® I would pams thiv by but for the fact that it fnferentislly ropresents me as removing the so- clal cover of a femily couversstion. I went (o the bouse of Mr. lixNvwicks on, the night of the éth of January, 188, equipped with an fntroductory lettor from My, Pr¥pLXTON, and asked at the door only for ho Qovernor—then Henator, The letter stated plstuly {hat the object of wy viuit waa to sscertaln the posl- tion of the leading Democrata in Indlans a5 to s cane didats for the Frealdency beforo thoe spproachung Na- ttonal Conventlon in New York, and my four honrs' talk with Mr. HRNDRIOKS upon prescuting it was strictly confined t0 tho subjest in land, Thero was | 10 wina drnnk upon the oceasion, nelthor was brovd broken, aud If ang ono was prosent uring tho visit 1t wan by right of possesalon, or upon tha fnvitation of he Governor, Althongh the fact of my virtites may havo no abiding-place fn the memory of Mr, Hex- DRicks, 1 feel that hg knows I conld not be pravoked by him to do such an ungallant and unmanly thing oa 10 {nvolve the entimable person to whom ho alludes in a controversy Lotween him and mo, It thoreforo rcems to mo (most harahly, 1 admlt) that he has limeelf deliberalely committed nn impro- pricty which another would scorn, {n order to sve himaelf from adding falslfcation to falschicod, or of muking & et shame fal coufersion, How sbout hin engagements with CGen, Haxcocx? Was thero any ono present when they wero formed to seal his lips, too? The Indlsna Domocracy did, on the fth of January, 1968, fndores Me, PeNnLETON for tho Presidoncs, ond Me, Hrx- ik did then and thers make s speech approving its action, Why, then, was heata Haxcook confere ence in Washilngton, nhout four aays sfterward, In compang with Col, T, D, Castrorvt and othera? Why 1 ho tell (top, BTERDMAN on tho Ist of May following that lie oppored the espress cholco of his own Stato and wanted Hancock? Why did Gen. Hancock telp mo on the 1stof Juno that * thoso ILENDRIOKS fellows ' 1ad betrayed im, too? ana why, in view of theso facts, was Mr. H{ENDNICRS & candidato himaolf beforo (he Nationnl Conventlon? Tho News man should try ls reportorial apoon again, b 0, W, Wootter. REPEALING THE RESUMPTION ACT. The Rag-Baby organs have discovered a fresh **inconsistency” in Tune Omicico Tanuse, and are mnking a wonderful noisa over a supposed conversion of this: paper to aun opposition to specio resumption. These papers purposely fail to understand thoe dif- forenco between the substance and the shadow, between an sotunl, substantial, and permanent specia resumption, and an empty, insubstantinl promise to resume. Many months ago Tux Curoaao TrIBUNE prosented, with such forco and enrncstoess ns it pos- sesses, the fact that the act of Congress of Jonnary, 1875, eommonly called the Resump- tion act, was an inoperative and incomplete law,—one wholly inndequnto to the purposes sought,—nand that until supplemnented by legis- Intion providing tho ways and meauns of ro- sumption wonld bo simply an instrument of mischief, asit fixed o dato for the roetiromont of the Government currency without provid- ing for an issuo of any curroncy to fill tho vacummn, Wo insisted from the beginning that that law was commondable only in n sentimental way, It indicated a sound pub. lic policy, which, however, to be made practicul, required further logislation. As long ngo ns tho 7th of November, 1873, ‘Tus Trmuse prosented o plan of logislation which we deemed tho best calculnted to ne- complish the resnmption of specie payments on the day named, tho 1st of Janunry, 1879, That proposition was, that Congress should provido that, after n future day to bo named, greonbncks should cosyo to bo o legal-tonder for all new contracts, but to remain a legal- tender in paymout of all debts and obliga- tions ccniracted prior to that date. That the holders of greenbacks should havo the privilego of funding them in thirty- yonr bonds, boaring a low rato of interest, and that, to prevent tho contraction of the currency, theso bonds, issned in placo of greenbacks, should eithor be mnde intor. changeable for them or bo themsclves a legal- tonder in any payment of debts whors tho greenbacks themselves would be a legnl-ten- der. This logislation weuld not disturb nor destroy tho equities oxisting betweon crod- itors and debtors; would permit the thou- #ands of millions of oxisting indebtednoss, contracted in deprecinted paper, to bo poid in paper, instead of forcing it to be paid in coin, or at an averngo of 16 to 20 per cont moro than thero had over beon any consideration givon. On tho 1st of Decombor tho Presi- dont nnd Secrotary of tho Tronsury recom- mendod substantinlly the sume measure, Dut what has been done, or proposed to be done? Congress hag been in session over two months, and nothing tangiblo has beon proposed. Not one of tho groat finnncial statesmen has proposed any logislation of any kind to moke tho transition to specie payments or to give offect to the Resumption aot, Norig thero any prospoct of any such legislation. T'he present Congress is ovidont- ly a Presidont-making body. Thoso of its ntombers who do not expest to bo nominated by cither party aro marshaled under the bannens of those who do, aud, of il tho can- didates on both sides, Gen. GnasT is con- spicuously alone in a definition of his viows ond opinions in favor of resumption; all others carefully abstein from mnking any record, In the meantime, tho Resumption not standy, in its incomplelo form, n menaco to tho country. Already the country has drifted one yoar without sail, compass, or chart. Wo aro now one year nearer the date fixed for resumption, and nothing has been done in preparation for it. The currency remaing dapreciated, and evory day new contracts are .made paynble in dopreciated paper, As we near the time fixed for resumption, the feel- ing of uncertainty becomes stronger, Con. fidence is being withdrawn., “Tho banks are boginning to retire their circulation and lock up their legal-tenders, » Money is abundant and idle, but investments nre small, Business men aro afraid to borrow, Everybody is growing moro nervous and anxious; loaus and discounts aro for smaller amounts and shorter termn, and tho Resumption act, un. supported by any aiding legislation, abso- lutely threatons tho business of the country with suddon and sharp contraction, cnding in parnlysis, It Cougress means thnt thero shall be ro- sumption of specio payments on the 1at of January, 1879, let Congress nt once provide the legislation necessary to minke that ro- sumption possiblo, Tet it nssign to tho present greenbacks the duty of liquidating all the debts contracted in greenbacks; lot it Bo liberalizo and niodity the Natfonol Banking act as will enablo and induce the banks to fssuo gold notes and redeemn thent, Let Congross show that it comprehonds the nature of tho situation and the noeds of the country, Lot it act ns statesmen should, and censo frittering awny tho session playing at Presidentanaking, 1f] Congress proposes, as it is now pretty ovldent Congress does, that there shall be no legislation to earry out the Ilesmnption act, and that the country shall be permitted to drift along without any regard to the conse- quences, thon that act becomos an injury to tho country, n porpotnnl threat of confisca. tion, und of u contraction that will plungo the business of tho poopla into the direst confusion, ending in general bankruptoy and ruin, Under these circumstances, I'ue Car- caco Trinuse cannot rogard the Resumption act in its prosent form othorwiso than as a chent and a fraud, a pretonse and a delusion, and therefore ought to boe repealed. 1f, however, Cougress shall address jtaclf to the duty Lefore it, and shall by proper aud immediate legislation provide the moans and direct tho wanner in which the resumption of specie payments in 1879, or even at ou omlier dats, shall bo made possible, Tux COnioace Trmuons will reioice and give credit therefor, But if Con. gresa i to ndjonrn without such logislation, leaving tho country exposed to the thrent of arbitrary specio resumption, with all the de. structive incidents of contraction, both of nationnl aud bank enrreney, thon the sooner the Resumption set is nbolishod tho botter. 1t is mnch wiser to leave the conntry withont nny promiso of resumption than to puton tho statute-book a promise of resumption withont any provision for exeeuting thnt promlse, rave an arbitrary and wholesale con- traction of all kinds of currency. 1If tho Rag- Baby organs can find any comfort in this position of Tue Cricaao TninuNe, thoy nre welcomo to make the moat of it. THE 0] TH AILROAD. The Board of Trade Committos which have been invostigating tho railroad diserime inations against Chicago nre right mn direct- ing public attention to the Grand Trunk Rnilrond ns the quickest and surest reliof from tho oppressions whioh Messrs, Scorr aud Gareerr havo heaped upon Chicago whilo Meesra, Jox and Vanpennmr have been holding us down. Jmmedisto relief can bo found by the offering of sufficient freight to induce the steamers now running botween Miwaukes apd Grand Haven to come to Chi- engo and mako the route from this city to Grand Haven, thero connecting with rail to Tort Huron, tho western terminus of the Grand Trunk, which has thence n direct ronte to Partlaud, and can reach both New York and Boston. No time need bo wasted, therefore, in building steamers, and, in fact, thero need be no delay on’ any ne- count, unless it bo owing to a lack of unity among tho OChicago merchants and shippers in ovailing thomselves of tho opportunity, Taking tho average wonthor for a long tern of years and thero in rarely more thau two months when navi- gotion is closod botween Chicago and Grand Haven. Last year was an excoption, and tho ice-blockado wos unusually long, This year there has been ‘no blockado whataver, and thore is not likely to be any. As arulo, however, the free pnssage at eithor port will not be shut off longer than two months. In order to acquire n complote protection against the Enstorn monopolists there must bo an allrail conncction between Obicago and the Grand Trunk Railrond, This is o matter of completing but a short link, which cnn be done in sixty dnys snd at a cost of less thnn half o million dollars. Thero isa com- pony in existenco under tho mamo of the Chicago & Lako ITuron Railrond which hasal. roady built its road from Port Huron to Flint, Mich,, and from Lansing, Mioh., to Valpa- raiso, Ind.,whero it has a connection with the Pittsburg & Ft. Wayne, Tho Chicago & Lake Huron Company have a contract with the Pittsburg & I't. Wayne Railroad ennbling it to run over the latter's track into Chicago. "This contract oxtends over aterm of twonty years. It only romains, therefore,to com- ploto tho track botween Lansing and Flint, n distanco of some 40 milos moro or less, to make a direct conncction with the Grand Trunk, and cstablish an entirely now and in- dopendont freight railrond to the seabonrd, running over lovel territory, aud so located as to bo free from tho tomptation of entering nany pool or combination formed by the Now York, Baltimoro, and Philadelphia railronds, ‘This is manifestly the connection that ought to bo ade in tho interest of Chieago. ‘Wao should think that the Grand Trunk Railrond would find no difficulty in roising the nocessary funds to buy this Chicago & Lake Huron Railroad, and completo the link between Flint and Lemsing. 'Tho Grand Trunk is one of thoso ronds that are so con- temptuously reforrod to by the Enstern lines & * bankmpt,” and it is thereforo in tho best possible condition to begin lifo and busi. ness on & now and sound basls. Its stock has been virtually wiped out, and it is now down to the “hard pan.” It should be able to attract English capital for the purchaso nnd complotion of the Chicago & Lake Huron Road, for tho renson that such a purchaso would make Chlcngo its western torminus and opon it up to an onormous business which it could never othorwiso secure. The English capitalists will not be slow to sco this, ond thoy have always beon willing and prompt to come forward with aid for Canada railway entorprises. Hore is a projoct whore the prospect of n fair return on their invest ment is o hundred-fold better than the ronds running solely in Onnada woods, If, however, there is any danger that the Grand Trunk Railrond will not be abls to avail itself of this opportunity, then Chicago capital should take hold of the Chicago & Lako Huron Railrond, completa the broak, and put it in first-class running condition. The time haa come when Chicago must help itselt in such omergoncics. Our home capi- tal i incrousing, During the past season, for tho first time in the history of this city, Cli- cago capital hes beon sufiiciont to carry tho pork and provision trade. Itison the in. “eronsg, and in 8 sound, healthy condition. The Chicago financial condition s equal to the purchaso nnd complotion of this Michi- gon railrond, and the moncy can nowhere bo used with so much benefit to the city nor with moro profit on the investmont, With this rond controlled by Chicago men, and managed in the interest of Chieago, it will ba favored with Ohicago business to tho prefer- enco of other Eastward routes. It will boa good investment in every way, aund thero shonld be no hesitation in makiug it. Tho Committeo sppointed by the Board of Trido of this city to investigate and report on freight discriminations made against Chi. cago by tho railroad companies has con- cluded its Inbors. The report of the Com- mittee is an nble doenment, but it omits an important itemn, which amounts to fully five- cighths of o cont on each bushel of grain that is shipped from Chicago clovators by rall. Wae alludo to the charges for switching cars to elovator, which, though collected by the warchousomen, are undorstood to be paid to tho rollrond officors, That charge alone, it all other things were oqual, is sufficlent to divert several million bushels of grain from this city every yoar that the tax is imposed. 1f an organization be formed, as proposed, to look aftor the diseriminations complained of, it will not perform its whole duty without taking cognizanco of tho chargos for switch. ing cars, ing tho onoce-existing apprehension that the dlsbandment of tho armies recently engaged in the War would throw upon the community vast numbers of idle men, left froe to follow the vices engondered by military lifo, con- gratulatod the country upon tho failure of such an apprehended calamity. The with. drawal of o million of men during the War, and the Joss of Lalf that number on the fiold snd in the hospital, had crested a demand for labor; the South had been swept clean, and the hand of production was essentinl to tho existenca of the people, At the Norih tho demand for labor was such that the whole army, &3 fast as tho men wero restored to civil life, wns absorbod in useful and pro- ductivo pursnits, nnd this did not meot the demnnd. This articlo has been reproducail by the subridy organ 'as nn ‘argument to prove that the absorption of so much Iahor in 1866 was duo to the abundance of badly-de- precinted paper monoy, whilo the want of employmont for laborin 1874-6. isdue to tho want of currency! This drivel fs hardly worth notice. Tho fact that tho panio took placo at the moment when there was moro pnper money in cirenlation than at any previ- ous timo in thoe history of tho Government, nud the other fact that there hing not been so much unemployed aud jdle money waiting investmont as at prosent, give all the answor that is needod to this inflation fallacy. ———— Tho Russian anthoritica aro toking vigor. ous steps to promoto tho causo of generat ed- ueation in that country, Compulsory oduca- tion lins been aceepted a8 n principle by the Government, but it is practieally inoperative from the fact that thero ara not schools suffi- clont to receive tho pupils. Upon this point the Moscow Guzelto snys: ‘To say nothing of the dofectivo school-louses and the InsuMclently qualified teachers, the proportion of puplls and schools to the number of the population s nmaller, not only than in any other elvitizod Btalo In Europo or Amorlca, Ut than in tho Ghristian districts of Turkey, wleroin 1861 thore was n rchool for overy 1,714 inhabltants, xnd one out of every asventy of i jatter was belng oducated, whilo wo in 1473 only had one school for every 33,439 inhabitants, of whom ono in olghty was bolng educated. At present thero aro only 22,000 achnols in Russla, most of which are Vadly situated and havo fnefMcient teachers; whilo to supply tho educational requiromcntsof tho country about 200,000 schools aro wanted, with a corresponding stafl. To romedy these dofocts the Ministry of Education proposes to establish training schools for schoolmasters, and a special school fund for the erection of school-houses, nud, in addition to this, lo nppropriate for tho benefit of tho school fund certain por- tions of the land belonging to tho State,—a system similar Lo onr own. TEE OITY PRINTING WRANGLE, Tho wranglo of the Tnfer-Ocean, Fost and Atail, and Courier, to get th city printing com- moncod in the Common Council on Monday ovoning last, and i3 not yot cydod, so far as two of the parties aro concerned. Ald. CrAnxk sub- mitted the bids. Tho Iater-Ocean, which ia tho Whisky-Ring organ, would give 180 oms non pareil for 46 cenls for flrsb fnsortion, and 3714 cents socond. Tho Post and Mail would give 182 ems nonpareil for 46 conts first, aud 85 conts socond. Tho Courier, which is o hard-sholled Bourbon papor, would give 182 ems nonparoil for 80 conty first, and 20 cents each subsoguent ingortion, which in tho two years (as tho Gor- map paper would have to take it at tho same price) would offect.n saving of $20,000, Aftor tho consumption of considerablo time bandying blackguardisms and making mutual charges of blackmail and bribery, and motions to postpono and adjourn, tho Council camo to a diroct voto upoun electing tho Inter-Ocean ns Corporation Printer, with tho following advorso rosult: Yeas—Tichardson, Warren, Fitzgerald, Coey, Spald- ing, Stona of tha Fifth, Cullcrton, McClowry, Clark of Atie Tenth, Heath, Cloveland, Qutrk, Ityal, Joncs, x0n—10, ‘Nays—Foley, Stona of the Fourth, Teddy, Sommer, McDonald, Bafley, 0'Brien, Woodman, Whité, Guniers nou, Waterman, Eckhardt, Btout, Mahr, Longachor, Murphy, vatnoyl Dickinaon, Corcoran—19, Abyent or dodning—Campbell, Case, Schaffoor, Lyneh, and 1iildsuth, Aualyzing this voto, It will bo seon that whilo 2 Damoerats ond 14 Republicans votod for tho Inler-Ocean, 8 Ropublicans “and 11 Democrats vated against it. Tho opposition of these Ree publicans to tho Inlcr-Occan grow out of their hostility to it bocauss of ita ndvoeacy of tho Rag-Baby, high-protection m favor of tho East o8 ongainst tho West, and of its position 88 tho acknowledged organ of tho whisky thioves, Most of the Republio- ans who votod in tho aflirmative folt tho samo way, ond thoy bod tho samo ropugnance to votiog for it, but it wnd a question botween s so-called Ropublican noewspaper, sdvocating rings, stonts, subeidics, and raseatition, and a barnaclo Boarbon organ of tho tax-eaters, Thoy votaed for what thoy conaidered tho teast of two ovils. Tho nogative voto, howovor, settlod tho question a8 to the Inler-Ocean, Tho contost thon was narrowod down to tho Post the por- sonal orzan of [old-on Corviy, and the Courier, tho champion of tho (ax-eating ring-robbers, Its causo wss managod by Musty-Doana Penio- \LAT, who had takon tho contract of elocting it, aud boasted ho would do it, and came mighty nearit. If the Council had not adjourned, the Courier would have boon clected by tho ald of certain Aldermen ealling thomselves Ropublic- ang, 08 tho followlog oxtract from tho proceed- inga will ahow Ald, Frzoxnaip (Dem.) hoped the Council wonlid notaward the contract to such a pleayunish paper na the Couricr, and belloved that, if IEem ‘Was Dot 80D~ thing back of it, nusanch an effort wonld bo mado at this time, He understood that something liko $3,000 Lind boen” paid to ot the contract for the papor, aud it waa simply outtageous to evor awsrd {ho printing to 80 insfyuiticant & paper, which had no clrculation, Ald. Wurre (Rep,) rosented the charve, and Ald, OLaRK (Itep.), of the Tentl Ward, moved to llr.(’ielmrl,t tho word Courder aud fnsert tho words Post and Matl. Ald, O'Bnren (Dem.) moved to Iay the motion on the tablo,” Corried, Yeas, 19 noy, 13, Ald, Frrzarmatp renowed tho charge that monoy must huve been used,and did not believe that dee sz Of economy ad prompted. tho sctlon of tha Ak armen, Ald. Quing could not tolerata auch talk, and at onco lot nimeeclf out, aud at the top of hla volce reronted thio Tmputation that o bad received any morny or tht ho know that auy monoy bad boen wsod, Tho Alder- man bad mado the charge either as o deliberste llo or for the purposs of mlflr(uln‘( the Aldermen, In mak- ing much statement, the Alderman had not shown the Instinets of & iuullumn, and evidently did not ouder- stand the English langusgo. 1t was o downright lio, for ifs part, bo thought (ho Aldorman ought t Do sahamed of himeelf, 'Ald, Frrzosnat rabi o liad not clinrgod any par- ticular Aldorman with having rocoivod sy snuney, but Do bud stated that monoy must hovo boed used. Bus if tho chargo Aittod tho Alderman ho might sccopt 1h, On tho motion to Iny on the tablo, tho Fost— CoLvin's porsonal organ—only received 13 votos, It the Courier crowd had boon ‘better parl:a- montarians, thoy would havo forced a vote on tho Courier and electod it, but thoy pormitted & motion to ndjourn to carry,and lot slip tha suro thing they bad of olscting thelr organ, The fun has now falrly bogun, Iold-on CoLvix can~ not afford to soo hls spaniol eacrificod aftor it has dono o much yelping for him; nor will Musty-Boans PenioLat, the leader of tho Rivg crowd, wosken in belwlf of tho Courier, Tho chances aro somewhat fin favor of tho Courier, 48 PrrioLaT hos moro ' {nfluonce” in tho Conn- cil than Cowviy, 'Tho Post hns tho largeat cir- culation, but the Courler nppesms to do tho edvertising choapost; but suporiority ot eiron- Iation will not count for much if what Ald, FrrzaenaLp chargos be truo; that €3,000 has boon paid ta tho contractar who has undertaken the job of electing tho little Bozrbon-bummor shioot. P Nothing has so clearly shown tho olly gammon of Hexprioks as Col. WooLLEY'S lotter. If we sre to infer -anything from IHENDRICRY' at- titude in this controversy, It is that pledges wado fn Mra, IlgNDuICES® presouco to o third pacty aro mado only to be broken, and thatthoy aronot binding and valld, Wo are furthor- more to infer that whouover Mr. Hexbutoks gives hls visitor crust of bread, a plass of ‘| wine, ora cigar, his mouth must forovor bo closed, tho result of whish will bo that Mr, Hexpuicks' intorviowora In the future will shicld thomeolves by & politite declina- tion of the Creat Trimmer's orusts, wines, and cigars, aud will capture im when awsy from his household gods, boyond whoso romarkable Influence he will bo ho!d rosponsible for and made to explsin his uttorances ond hiy plodges. Ard this fs the man whom many of tho Confoderatos proposo to presont ay their compromiso candidate,—a man who has uo opius fons, or If ho has thom has not courage euough’ t0 0xpress thom,—a man whodeliberatoly violatos bis pledgos aod betrays his political filends without the slightest compunciion, sholtering bimself whon called upon for an explavation bolund the thin pretonss that whatever o tisd anid or donn waa & housshold confidenco! In the unlikely ovent that Mr. HExnnicks shonld ba oleclod President, lLiave tho Domocracy conaid. ored tha faot that It wilt bo necessary to keop the Grost Amorlcan Trimtnor out aoors, fo ordey to mako his promises valid, and that I£ they onog strotoh thowr legs under Lis mahogany thoy arg lost? OBITUARY, ADMINAL ATRINGHAM. Admiral Biras HontoN SToixomas, of thy Unitod Htates Navy, died In New York Monday at tho age of 78. 1lo waa ono of tho oldest ang most dintinguishod oflicera in tho Navy, whicy Lo ontered aa s Midshipman in 1809, and boro an active part in tho stirring svents of earlier days, auch nn tho Algerine War, the captare of alave tradors, tho bombardmont of Vora Cruz in 1846 otc. In March, 1801, Commodors BrriNomay was appolntod Flag-Officor of the Atlantlo block. .ading nquadeon, and was with Gen. B. F, Bop LER in command of tho joint naval and military oxpadition which capturod Torts Hattoras ani Ciar, Aug, 27 snd 28, 1861, In the folloming yoar ho was mode & Rear-Admiral on the rotire; Iiat, and has sluce morved ns Porv-Admirsl w Now York City. GINO OAPTONT. ‘Iho eablo . dispatohios havo alresdy annonneel tho doath of Gino OarroNt, one of the nobleat of * tluo Italian patriots, which oceurred at Floronce on tho 4th inst. o was born in 1702, snd came to manhood under the Fronoh rulo in Italp Aftor the poaco of 1815 he made a long tour of Europo, in the course of which ho made the ao. quamntanca of numerous loading mon., When by returnod to Floronco, ho was takon into special favor by tho Grand Duke Ferprvaxnp IIL., and aftorwarda by bia son, LeoroLn II. When the Intter opposed the Liboral movement, Oarrox diesonted from tho policy of hin sovereign and resignod his commission a3 Grand Dueal Cham. Dborlain, * At tho accession of Pius IX., however, Lo was rocalled by Leororp to the Florenting Court, and ho took bia seatn the Councll o) Btato, and hcla ofice untll the triumph of the oxtromo Domocrats in the Tnscan rovolution, when ho withdrow, In tho rosction which fol lowod tho ovents of 1849, ho was called to bo one of tuo Governmental Commissionors. He urged Lrororp to accont tho Tascan Conetitution, but tho Dako obstinately rofusing, ho rotired tg privatolife. In 1869 he mndo & Inst effort to - savo LeoroLv, who would not bo saved, and then gavo bis services to the causo of Italinn unity, Ilo was onoof tho firat called Into tho Italisn Sonato by Vicron Eswanuvrr: Of lato yeara lio has dovoted himsolt to literary labors, nand haa boen a constant contributor to the best poriodical literature of Italy, OTHER DEATHE, Davin TonnaNce, tho Presidontof the Bank of Montrea), died in that city ontheletinst. In ocarly lifo he waa connooted with tho tirst flrm that ovor dircotly Imported toss to this country from China. For over Lalf n contury he had been promiuontly identified with the commercial intorostaof the Dominlon. The Hou. Hexny Warter D Puy, of Now York, who Liad- boon Private Secrotary to Gov. Seyxoun, Sccrotary of Legation at Berlin, Soo- rotory of Nobrasks, and Indlan Agont to the Pawnces, died on tho 2d fuat, He wag the suthor of several biographical and historical works, smong them, * Kossnth and His Gon. orals, with a DBriof History of Hungary” ** Loufs Napoloon and His Times, with & Memotx of tho Bonaparto Family,” and * Ethan Allen snd the Green Mountaln Herooes of '76, with the Early History of Vormont." Gon. Roaen O, Werontsax, wha had beena residont of Washington for sovonty-fliye yoars, and was nt ono timo Congrosslonal Printer, and in 1824 BMayor of Washington, dled on the 2d inst, in his 80th yoar. It {s amistake to atiribute Mr. Fromzxor's chardcterization of tho Hon. Bardwell Slota to an imitation of ** Our Canren.” The similarity in tho cloquont apostrophoes of both the Hon. Bard- well and tho Hon. OAnten to the Amorican oa- glo bas probably led to this error, The fact is, Liotwever, that Mr. Fronence oreated the part of tho Hon, Bardwell Slole beforo ** Our CARTER™ onterod public life. 1t ia moro roasonablo to as- sume, thoroforo, that our distinguished Con- grossman's elognonco has boen modeled after that of tha Zion. Bardwell Slole. PERSONAL. Mina Voles Jod the witchos' chorus at the cen< tenvial performance of **Macboth " iu London. Lx-Senator J, M. Bush, of Pittafiold, IUl,, is in tho city as & membor of tho State Domocratio Cammittes. T Is now tho .corroct thing in Bouthwestern journalism to say thatn person who has beco shot in tho lond has been ** Carruthed." The London Times {s said to be nogotiating for the exclusivo use of the "Anglo-American cablen on Bundsy nights during the Centonntal. Fuchs, tho murdorer of Groonpoint, L. I, hos ropented. o doesn't foel sorry for having killod bis victim, but he rogrels haviug cut him up. If tho Chlcago Commuuists wers In Now Calodonis, the Louisville Courfer-Journal sbluks thoy would bo where thoy could do the most good. Tho story told by Mr. Drowning io hisJatest poom, *The Inn Album,” is, in 1ta main oute linos, aroal ono. Tho slory mado a groat Bone sation ju London thirty years ago, Fanny Loar's new book, ** Great Ladiea of the Coutt of Russla,” whichis sald to contain the cloments of many big scandals, has beon ro- celved in manuseript by Lacroix, of Patis. ‘Tho ecandal-mongors in Now York, allege that & woman high in tho confidence of Plymouth Church recontly offered acertificato of Christian Union utook in paymeat of a dry-goods bitl, Tho steamor in which the Rev. Mr, Winslow sailod for Rotterdam being overduo, the Spring- fleld Republican grimly suggestod that Provie donco might havo laid abeavyhand on tho rascal. . . Mr. Tuppor says that his new Centonnial droma, * Washiogton,™ auch as {¢ is, is his own, Nobody noed over accuse Mr. Tapper of plagiar« izlog from auy placo, cxecopt tho vast rogion of commonplace, The Boston papors have declded that Winslow, tho Rotterdam forger, wrote & looso and * insine cero™ hand. It's a pity thoy didu't dlscover thls whon they wore calllng bim s Christian statosman and jonrnalist. A lady who was doeply affoctod by the Charley Toss opisodo tn the play of * Plque,” now rune niog a Daly's "ILeatre in Now York, was sup- posed tobs Mra, Rosa ; but no conflrmation of tho rumor to this offect could be found. The unknown lady bocamo kyetorical, and was obliged to leayve tho thestro, Mr. Obarles Roade, imitating the oxample of Aloxandro Dumsas, hioa taken undor his proteo. tion an unknown author, ana started him oub ou the hugh road wo fame, Ay, Reade's protoge 18 named Jay Lewis, Hia story haa been rovised and rocast by Mr, Reade, and is now balng pube lished In the Now York Ziibune. Liko Dickons, and Thackeray, and Balwer, John Forstor diod while he was ougaged on the work which ho inteuded to bo his masterpicco. Bo writes an admlror of the doceased in an obit- uary notico. But tho fact 18 not, afterall, 80 surpriving when wo rofloct that most writers in- tond their last work to bo their beat, Tather Tor Burke's health hiaa much improved of lsto, The report of Lis death naturally g him renowed encrgy snd strength to confound tho writors of obituaries. Just 86 it was with the Pope. ‘Thore sre papors in Ameiica which bavo proof-shps of obituaries written three yoara BgO or moro, when the Holy Father wsa given up by the physiclans, The New York Tribune publishes the follow- ing interesting paragraph, desoriblog a new snd important stop Intbe direction of internaticna) copyright : Hxrper & Brothera publish George Elfot's, Edward Jenkiua', and Wilkle %‘me n"r"wh & “lopy