Chicago Daily Tribune Newspaper, March 24, 1876, Page 1

The Thicage Dailp Teib e & ey, VOLUME 29. CHICAGO, FRIDAY, MARCH 24, 1876. & NUMBER 211, PIAROS A ORGANS, OLOTHING. STEINWAY | WEOPENTHESEASON| Grand, Souare, and Upright Pianos. TEL GuriRIOl T AL OTHES. GOO]S”NEWS 7HE STANDARD PIANOS OF THE WORLD. TO ALL CONSUMBERS OF flaving beon awarded the First of the Grand Gold Medals of Honor, Prices Lower Than Ever Befure, ONDON, 1562, i ow an the excluaive use of the bos maf m’{-fl::d'r'nowthormmu ‘workmanship will permit. ‘An Unlimited Gunranty with each Pigno, ILLUBTRIATED CATALOGUES, Wilh Price List, malied fres on application, LYON & HEALY, QENERAL NORTIWESTERN AGENTS, Btate and Monroo-nts. OIICAGO. WATOHES, AMERICAN WATCHES! Weo offer avory large assortmont of nll tho best Americen Stem and Koy-Winding Watchos, in our own suporior oascs, at unusuelly low prices. . N.MATSON &G0, STATE AND MONROE-STS, SHIRTS, SHIRTS. WILSON BROS. Manufacture Shirts to ORDER, and cnrry & large stock ready-made, of their own manufacture. their order fn Troland. which e e arier '"“:’H:’ e o aiort adapted lonta to GG Mlnflu' ths shaps and e ‘wearer, {helr superior work- manship In manufactore, and exquisito Anlsh ln lauadey- ing, the moat ll!thll satisfaction may bo relied upon. ‘Urders osn be tillod in six hours when necessary. 87 & 69 Washington-st.,, Chicago, And Pike's Dpers Houso, Cincinnati, CORSETS. et the GENUINE! Boware ef Imitatlons? ‘WE OfFER OUR ENTIRHE STOCK OF MEN'S AND BOYS' CLOTHING FURNISHING GOODS AT RETAIL AT HANUFACTURERS' PRICES, We sell a good stylish Spring Overcoat from $8 to $20. We sell a good all-wool Bus- iness Suit from $10 to $25. We sell a good Suit for-your Boy from $5 to $10, The Laresst Stock in the Gy, WILDE, BLUETT & (0, STATE & MADISON-STS, THOHSON'S PATENT GLOVE-FITTING GORSETS. FACIY CORSET Hinuiped i v Eeem (1Y TAX REDEMPTIONS, posalblo. <opy t th ine. oy U2 i omoate Patont Bolid Fastanioe d tholr Ontil April 10, 1876, the premium on re. TlEnioge s not abride thy dres. oo able, aadERels | tion of T Snla orti1oAtos hold by 156 For sala by firal oalors avarywhers. city will be as follows: THOMSON, LANGDON & CO., N. Y. Hale 1mmrllr-lnd Patantoes for tha 3 OCEAN NAVIGATION. ONLY DIRECT LINE T0 FRANCE. e Geners) Transatiantio Company's Mail Steamers betwoon New York aud Havie, cailiug at Plymouth (G, 1.} Jur tll 18uAIng ot pavsen: Tho splondid vestols 1 the Conunont {helnk mors thotly than ang other), will sall from Plar No. 44 orta ftirer, as lollows: 1, Bale of 1876, for city taxes of 1874, & por :::E:fl:n of 1874, for city taxes of 1873, 30 per s nsnuel'a of 1873, for oity taxcs of 1872, 30 per On April 10, 1876, and on the 10th of ovory succocding month, an additional charge of flve (6) per cant will bo mado on tho prinoipal of all Tax Cortificates, 8. 8. HAYES, Comptroller. LaBia DO, Sang ar, Aoril 11 Gitesgo, Mareh 10, 176, kg pEAICE ORRSEEOE I AOLD Sestuaat . | BLACK o we et ishotuames b cow ue‘:ud eabin, ird, 840, Return tiokets at reduaad out a lot of OLD WIIISKY that haa been Tiiss. Bioorike 816, wilh suporior AccOmmoaaLionk, in= tored for yearn, It s very biah gevar, By st thus ¢ G0 nat carm posrass wassengere: | HILLS, 44 ONE gallon will make FIVE, Sampio D18 DRILILBIAR, Axoots 55 Broadwars Ne ¥ . 4/akatr oblicy, ) Biyenst, BECKWITH DBROS, FOR STRANGERS AND OITIZENS— DaiLixs, WEEKLI] id MONTHILI from the principal tatos,and C: i t!kll"l?fl“nfinlhl w:g‘mu u otom 84, m. to 14 p. fise 1zt Daarborn st OB MACIEING- W, . WHITE, No. &1 Clark-ak, o, andaiph, Agent for Chicago. National Line of Steamships. NEW YORK TO QUEENSTOWN AND LIVERPOOL. READING FREE! AR i St s i , o A it , April dp. m. Tt Qe LT GSE s uataraar, Al s m: WW.AINTEID, HBLVETIA, 8,976 tonk.s...Saturdsy, April2, at8p. m, | Bitustion as_Bookkeeper, Assiatant Bookkeoper, or O DON Balesman {n » Wholesalo House, Address A 28, Tri- DinECT, DENMARK, 8,734 o0 Thursdar, Barch18, at 9:30 8. m. in passsge, 860 and ourrency, Return tickets st redaced ?I&I. Bloor: Sidaragatickots 6 carroucy, Dratta ar g spwanisca (ire ¥ B, LARSON, Novtbestt cornar Olurk snd Randolphvais. (opposite now » Bherman Hou Ohleago, bune oftice, ____FIRE ESCAPE, T0 THE PROPERTY OWNERS OF CEICAGO. I clstm to hiavo a practical, xafo, and relsble OUTSIDE Fire Escape. I ohallenge competition with any present form of STAR BALL LINE, UNITED BTATES & BRAZIL MAIL STEAMSHIFS, Balling montuly from Watson's Whatt, Brookiyn, N. ¥, For Para, Pernambuco, , and Io Janerio, calling +.Baturdsy, April 15 1-class, Tasrenger accomm 1 Firo Eacapo, and Ask o favor of ny ofic, only critical For freight snd paosge, st feduced eates, annly to | o0 amtion, GUARLES DWIGIT, % 54 Pino-st., Now York, Grand Pacitio Hotel, Greant Western Steamship Line, From Now York to Brlatol (Englaad) direot, OORNWALL, Stany ug»%x'rwnsruuw. Vi in Pass 3 Sl B turmn toketar 150t Srapai dia 1 . Apply at Usieral Freight Depot Lake lore & b I 1L, "GEO, AIODONALD, Agent. INMAN STEAMSHIP LINE, Carrying the Mails betwoen EUROPE AND AMERICA, For pasasge, apply st Company's Offica 33 8, Olark-u! Chieago. FRANCIS O, BROWN, Gon, West, Ag't, 8§27 Dratts on Great Britain snd Ircland. EDUCATIONAL; HARVARD UNTVERSITY, CAMBRIDGE, MASS. Examinatious for admisslon to the Frestman Glass ©of Harvard Collcge ([:mllmlmr{ or eatire), and to the Lawrence Scientifio Hohool, will Lo held 10’ Cinclunatl, 0nlo, on Jun 29, 50, and July 1, 1876, beginning at 4 1.m! Theso examidations, which will bo identical ‘with those beld fo Cambridge, will be free to all who iutend to enter the Coliego or ' tho Bclentific School ; Andvell bs opeu 10 otbers upon pasiasub of & fea of Jezeons who proposs (o pass thess examinations are Toquested o nformn the Becrelary of Harvard Uni- Yeralty, Cambridge, Mass,, of (helr purposo befors dune 18, and to address iz for furthier information, The prociae placo of the examinations will be an. Bounced i 1, of Sy ;1 .:dll,l;.(}lnnlmu Gazelts, snd Commercial, of REAL ESTATE. Splendid Farm FOR SALE OR EXCHANGE. 1am authorizod tn offer, for a fow days, & splendid- 1y improyed farm of sbout 50 aco, closs'to a station, within_ forty minutes’ nide of Chlcago, thoroughly atocked with all kinda of stock and tmplaments, Will exchange for clesr inaide proparty, A PATTERSON, 10 Waahington-st., Rora 11. LIQUORS, IF YOU DESIRE TO PROCURE Pure Whiskies. aeT TR MARYLAND RYE, or NED WHITE BOURBON, at TTTIM’ S 140 EABT MADIBON BTREUET, Tle controls those brands in this market, DENTISTRY. TEETH. Wi 20 and $30 when you can get the best full set Dl,fif:l,h'n DR. SCBIIKHHYEY'H for §3, The fineat and most fastiionable resort in the aty, Coruer Clark snd Randolph-sla. FOR SALE, BT ICE 1CE ] from Uenova Lake, ‘Wisconsin, for salo tn car-loads 91 blore for futtre e on the (Tack OF 4ty FAITOM. | corneonconod G BN oo leading from Ohicago, to ault purchasers, Thickucss Ofice, 14 Inches, Tha quality $00 well known 1o re- F R tyad, WALT! MAN, :mx Room 3,70 Clarkest (Gaperior bioeky, Obleago, | _ Eidte-st, Btore, No, 70, Entira bulliog, four strise and basement, to ba rented log . LYMAN, Room 11 Portland Block, 107 Dearborn-st, OIL TANKS, WiLSON & EVENDEN, OIL TANKS axo SHIPPING CANS, 47 & 49 Wost Lako Btroct, er,, COLLECTION AGENGCY W AR Claims we are eapecially prepared o adjudicats, pos- tretiug 1] the Titcat Fequlations and- victo o og :2:"&:1“ granny and A'nn lml‘ Nuvy Pousions, and sc- overnmen riments roquiai Iaveatization aud collection - Bend for aiveuiar. o FIABIE'S COLLECTION AGENGY, Stalo and Monros-ats., Chliago, . .‘NANG!AL e OB‘I'mGO- T 7 s vonts AO. SLAUGHTER, JETTINE. mllt and Bmlua corner Clark and Madlson-ats, LADIES] It becomes bonds, and dovernment securitiss bouglit aud, Auasticls of constant 3old for cash or on margin at the Now York Btock Ex. usa ou frial, jlasge. Dealer in all descriptions of bonds, includs Bald by Druggfats, Ing defaulted ratiwsy, town, and county bouds, snd all d Notlon aad Booh &g Kiada of faveatmeny negustlos, 800 Hloreay THE CROOKED ERA. Parties Who Are Governed Entirely by Personal Considerations, The Congressional Commlttee Sees Its Way to the Impeach~ ment of Belknap. Tlow the Case Is Viewed from o Virtuous British Standpoint, Wickedness Brought to Light by the Post-Office Investi- gation. Barlow, the King Contractor, Applics $140,000 to Persuasivo Purposes. Another Brief Chapter in the History of the Emma Mine, The English and Amerlcan Sharpers Cutting Each Other’s Throats. A @lance at the Rotten Side of the Freedmen's Bureau, Christian Soldier 0. 0. Howard Asked to Walk Up and Settle. A Bail Showing for the Great Domocratic Reform Cane didate. Gov. Tilden's Manipulation of a Rase cally Railroad Job, BELKNAP'S IMPEACHMENT, THR JUDICIARY COMMITTEE TIUNK THEY DAVE & CLEAR CABE, Specint Ihavateh o The Chicano Tridune, ‘WanitzvaToN, D. C., March 20.—The Judlciary Impeachment Committea to-day continued the cxamination of Marsh, and was moro succesafut than on yenterday, Marsh to-dsy was ablo to recall tha fact that, aftor tho publication of tho articlo upon post-tradors in the Now York Trib- une, in February, 1872, Gon. Bolkoap did. con- verse with Marab, and ask him if such contract existed, whon Marsh roplied thatitdid. Tho mecrot examination this morning fully eas- tablished this fact, which the Committoe rogard of the utmont importance. Thia ovidonce, tho Committoemon claim, is itself sutficient withont other corroborative testimony to frame an im- peachmont indiotment, whioh will jnsure convic- tion In the Senale. It has beon learned that the outline of the facts and argumonts upon which, from the prosent evidonco, tho Committeo is likely to framo articles, is this : THE DASIA OF INFEACHMENT in in tho Now York Tribune articlo of Fobruary, 1672. In thatarticlo the corrupt bargain bo- tween Marsh and Evans, the $12,000 annual payment by Evans to Marah, the extortions practicod upon soldlers to enable Evans to pay this sum to Marsh, were eot forth in substantinlly tho samo form in which thoy Liave since been roved to exist. That mrticlo was read by Gen, olknap at the time of its publication. 1o eaw DMarsh about it very soon aftorwsrds, and nakea him if tho contract thorein described Marah roplied tuat 1t did. Tius in fact oxisted. briogs to GEN, BELRNAT PULL RNOWLEDOR of the existence of this contract, sad (ion. Bel- knsp within a few daya thereaftor, it has beon roved, wroto to Capt. Grierson, cominanding at Fort 8ill, nskiug him it the facts relativo to ox- tortion practiced thore oxiated ss charged in the Tribune attrole, In duo course of mail, Capt. Grierson replied, making a full roport upon tho managemont of that {raderahip poat, and con- firming o)l the statoments of tho Tribune article, with fullor dotails. ‘That roport passed through the bands of Adjutaut- Genersl Towpsend, and was by him referred to Gén. Delknap, Townesnd fias alsa testifiod of his awn koowledgo that Helknap road the Gricraon roport, ‘Ihis brings tho knowlodge of tho outrages committed upon sol- diers oflicially to the knowledgo ot Belknap be- fore the ond of March, 1872, Knowing theso facts, Bolkuap, to Decomber, 1876, roceived quar~ terly paymouts from Marsk, for which he ro- cmpws ‘y indorsmont of O K" upon the ex- press receipts, sud Ls was also in continuous correspondonce with Marsh rolative to the Fort 8ill post, to remittances whick were to be sont to him, and to invostmonts to bs made for him. buch is tho thoory of tha Committes, and npon thig fact sloue the memberd of .tuo Committoo foeel confidout that an indictment of unpoach- ment can bo framed, which will socuro a verdict of guilty. MNd, ARSI, Mra, Marsh is expoctod by Clymor's Commit- teo to-morrow, As she was at first subpanaed by that Committeo, lhufiarfinlnc-ll-Anm Lias boon instructod to bring boer first beforo it, and not allow tho Judiciary to obtain tho first hoaring, and thero ls considorablo feoling on the part of the Clymer Committes, on account of the Judi- clary being ordered to take up tho matter of im- peachment whera Clymer loft il when ho came down from the Clerk's desk after reading Mareh's ststement. Tbo trip to Xurapo, and what was learnod whilo s was in progress, will bo one of the main eubjecta of luquiry, —— POST-TRADERSHIPS. FOLITICAL CONTIMIUTIONH. Wasmxotoy, D. 0., March 23.—C, M. Pock waa recallod and teatifled bofore the Committos on Expendituresin tho War Dopartment, to-day, that the post-traders wore asscssed for political purposcs, and that dariog tho last Presidontial cauveass he paid from $6,000 to 8,000, Ho thought ho remitted tho money to the Chairman of tho Committee at Washiogton. Ho presumed that they ware aaked to subscribe because they held the post-tradersblps uuder the Administra« tlon. He did not conslder that they wero obliged 10 pay, but wero notified’ that contributions would ba acceptabla, lja thought (bat tho smount of contributions from tus military posts was designated in proportion to the number of Aroops shere, J. J. Flaber (recalled) testificd that the firm of Evavs & Co., post-traders, contributed mouey for political purposes, iu pursusnce of & request contained 1n a printed ciycular, He did not un- derstand that tho contribution was mmfluluory, but he thaught it the safer way to pay the mon- oy, apast from politioal considerations. AMr, Evana teatified that, during tho last Pres ideutial canvase, he, in compliance with a oirci lar received at ¥ort Bill, nent £300 to the Ropub- lican Executivo Commities iu Waahington, snd tad pald #1530 to tho same Comumittea vithla tho laat six months. 1Te voted for Lincoln for Pres. idont, against McClellan, bat wan not nowmized up in politics, He would not have paid the monsy if ho had not been ealled on to do so. Iia sont m chock for tho mouey to I'ostmaster Edmunds. AX UNBUCCESSFUL CANDIDATE. John Fletcher, of Indianapolia, toatified that in 1671 ho made application for the post-trader. ahip at Fort Dodge. Ho had an intorview with tho Hecretary of War, but was told that the position had been promired. LHin teatimony was nol important. Liout.-Col, McCook testified that he bolinved the Becretary of War or some middleman had been solling post-traderships. This was matior of common conversation at estern pouts, Mans, C. P, Marsh_was agafn before the sub-Com- mittao of the Judiciary Committeo thin morning. His attontion was called to tho articlo in tho New York Zyibunc of March, 1872, 1 rolation to Eunl«trldnfllllm at Fort Bil, stating that od pald Marsh £12,000 & year for the pl u:ua ote, Marsh testificd ‘that ho calle Gon. DBolknap's sttention to tha articlo, and asked who conld have written or inspired tho articlo, whon Gen, Belknsp ro- plied ho supposed it was the work of Gen. Hezen, Marsh oxplained tho reason why ho woent to Montreal after giving his teatimony be- fore the Committeo on Expenditures in the War Dopartmont, Ho spprobonded when Lo road tue debato in the ITouaa whick appeared on the morning of the day ho Jeft New York, that he might be indicted for a criminal offense and henco Lis anzioty to get out of tho way of arreat, TENDLETON~HOWER. E. G, Leonard, of Cincinnati, testified that he was in tho hardwaro buniness with the late Mr. Bower, The catato of the deceased was worth from 223,000 to #30,000, 815,000 being for lifo insurance monoy, which ho owod to Mru. Bower, and which waa ‘paid, a8 & surviving partner, to George 11. Pondloton, a mutusl friend of both 51"“0& and who was tho nttorney for Mra, lower. The witness nevor heard what invest- mont was mado of tho monoy. o kuew C. I, Marsb, who at that timo was ‘in Cincinnali, but lad vo connection with the travsaction, Alarsh said he was glad to hesr tho widow came out so nicely in hor businets, —_—— BELKNAP. 113 CABE A8 IT APPEARS IN ENGLAND, London Standard, Tappily the countrics are fow whore 0 groes ao abuae of trust as appears to havo just been confessed by the Unitod Btates Secretary for War would be poseible. That tho public service of tho United Gtates is worm-enton by corrup- tiom, that mon aro put into oflica for parly con- sidorations, ana use thelr powors to enrich themselves, and that political lifo has degonor- ated Into n mero acramble for tha spoils of vice tory, all theso things aro notorious. Hitherto, lowesor, no Cabloot Minisior hsa act- ually been convicted of bribe-taking, though auspicion Lhas pointed to moveral. But tho incidont flustrates tho policy of & systom which gives to men occupying the high- ost ofticos in tho country salaries 8o emall that thoy eannot live upon them. Among ourselvos ofticial lifo falls usunlly to thelot of men with largo private fortunes. Tho salary attachod to 0 office is, therefore. in the majonty of cases, & muttor of indifferenco. Butin a country like the Unitod States, whers there I8 no leisuro clasa possessed of heroditary wealth, and whero tho individuals posscssod of wealih abstain {rom politics, {¢ is of the utmost importance that ealarioashould be such as to raise mon above the ronch of tomptation of illieit gain. Tho vory contrary policy, however, is pursucd, and tho consequonce is . that corruption is rapidly dostroying Il publio spleit, The Civit War, Ly iocreasing the oxponditur of the Goverument, and adding to ita power, hns aggravated tho evil. Aund the vast growth of wealth during the past half cen- tury, Ly inoreastog the cost of living and tua uxlmvniuucc of tho well-ta-do, has made mat- tors atlll worss, Nor cau it bo deoted that Pres- ident Grant has very materially Lefped to lower the morality of the public sorvico. His appoint- monts have, with but very few exceptions, been 80 bad ns tolshock a publio not very squeamish in such matters, and ho Lins colloctod about him- sclf a following whoso reputation is anything but sweot-savorod. For tho crodit of the Amor- ican Government, it is to be hoped that the Bac- retary will be ablo to show thnt e was uot per- sonaily coguizant of tho corrupt bargain into which big wife enterod. In such mattera women hava not tho ssmo rigorous notions of morzlity a8 Wo oxpect from a man, London Telegrayh. Disclosures aftor disclusures, chorges after charges, varying in dogrooes of truch, but with ono sud tho same ugly and untoward character, havo Iately darkencd ‘the commercial, religious, udicial, snd administrative institutions of tho oited Btatos. Homo of thom have proved falso, otbers trus, and more await ovidence; bat tho general offect, boyond all denial, hea boen and iy 10 briug o blush of shame und soxiety into the faces of il honest Americans, nud to mako the countleas frionds of tho Republio in this country silent and sorrowful when its oncmies rejoice over those recurring rovelations, 1t would bo a thankless task to eoumernto them, from that monetrous organization of corruption Iaid bare in tbo prococdings of Tammaoy Hall, to tho stories of tho Erio Ring, the Emma Mine, the whisky frauds, and the abuscs in tho South. To cataloguo completolyall thoclouds of floating aus- pleron and national defamatlon, wo should have to spoak of things as far apart us the Dremorhayen oxplosion nod the Plymouth Chureh ecandal ; in ono of whieh n crimiual of American oxtra tion plottod for a paltry gain tho ghastlicst and most cruol buman massacre on record ; wiilo, in the othior, the most popular ministor of roligion in Now Yorlk hay passed through an ordenl of accnsatlons, the offoct af which must over bo & roproach to bis community. We nime theso various mattors reluctantly, and solely becauso thoy are nocessary cxamples of muny incidents in commerco, roliglon, civil affairs, aud adminis- tration, which, fairly or unfairly, have producod and aro producing tiat einfster opinion abroad about the natonal motality in the Btatos to which uo country howaver groat can romain in- dilforent. Empires, Kingdoms, and Republica— like mdividunla—haye eack and all a cliaractor to koop or lovo ; and whule tho ovil raport which thesothings broed damages and degrades Ameri- ea nmumi the uationa ot the carth, tho practical harm of it comes home alike to the rich and poor, to upright and **smast, " among hor citi- zons. Upon tho top of &1 those doplorable itoms is now laid a colosasl inatance of corrups tion in lugh placea; ons which, burstivg sud- denly over Gon. Grant's Caliuet, [a is no moro to bo donied or escaped than the livid lightoing which breaks from a thunder-cloud. ‘I'hera aro thoso, unhappily, in America, as woll 84 1n thie country, who will oxult over thia last and most damning proof of the foul discase which 18 enting into the vitals of tho groat Ro. public. Bigns are not wanting in $ho reporty from Washington that somoe of the Domocrats already view it as a wolcomo opportunity for avenging tho exposure of tha Tummany King, Wo may equally expect tlat all on this side of tho Atlantic who bato the magnificont prospority of tho States because of tha political frocdom and cqual laws, of which it .6 the offspring, will raiso & chorus of roproach azainst tho Amorican character, and drive deopsr into every honost kindred breast that barbof scorn and infamy which such uxubl&o crimo sapplics, Tho oppar- tunity is sadly suitablo, aua tho anawor will bo hard to weke, ~ What grossr samplo could, in- doed, bo taken from the buk of tho national hongr than thus to find ono af the mosat trusted in tho Cabinet of Geun, Grant, a Nopubtican of tho Hepublicans, six years gone in tho ractico and profit of ~ merchandising his uiluenco; six years wocrotly aceustomed *to sell and mart hls oftices for gold to undeservers 2" Thero are such rankuoss and coarsa aishonor in the thingthat wo sre sshamed even to ask Liow {t would sound lu Evgland it Mr, Gathorno Hardy bad boen accused of such a deod aud had confewscd 1t ; while, as for the do- mestio contoution botween tho Alinlstor and his wifo for tho .responsibility of tho offeuso, this doos but impart & sidiculous and importinent sontimont into the affawr which comuon senso swoops aside. Briotly, Amerioa must pay the prico of such & moral distempor and calaimnfty, Ehe must boar to hoar witlings jest sud swindlers enoor about thu blot wluch uuworthy servanta bring upou her escutchoov, ‘Tho famo of hor daugbters must bo shadowod, and the tscos of ber sous must be sbasbiod before the world, une 11l this Jast oxample of thy lust for dollar-get. ting, and the ourso of thow customs by which #ho a3 becoma fufocted, wakes her up to s seso- lute effort to expel tho *uuclean thing * from tho National life. The National sis, lika all sins, muat be accounted for, and the proesout prioe of it is that the flag of Anierica is lowered, and ita siars pline dimmer wherever in the world it waves, Dot oul of avil comes good, and the oauses which liave led Lo this ead ravelation aro no plin that wo Bllnf to tho hove of neeing in the late ®roes and hideous event the beginniug of botter times for the Itopublic, 1t is tho abstention nf tho sound and honeat portion of the community from publio sdministration which hos begotton o race of sclfish and dishoneat ofiicials. This, to- gettior with tho baloful cuatom of shiftlug the main body of Biato servants with every now Ad- minlatration, goes far to account for tho dis- tressing apectacio which to-day afllicta the firm frionds of America, and defames tho wholo Ro- public, Wo saw, in the recent struggle of priuci. Dle which so much onnobled her, the great body of ber hancst and earncet citizens rieo and win a eplendid triumph for freedom aud for progress, “Lhoy retired too soon after the victory, thoy loft ita sequel too much to thesadetested speculators aud *carpot-baggers.” Agan, howover, the Amorlcan peorlo must riso, and cleanse Lhair Iand in the sight of ail humanity from the cursos of avarico, peculation, and jobbing. America must put an ond fienceformard to tho horde of mouoy-grubbers which her political methods Lavo brod, or, thaugh sho woro ton timen greater, sicher, and prouder than sl ls, they mlfput an oud to lier. Landon Times, Thia event [ moro grave becauss it is comfirm- atory of suspicions which have lone provailed smony the Awmerican public, 'I'ne reputation ot {hio oflleial}world bas not of Iate yoars Leen ro high as i desirablo in a model llopublic, Even tho Europoans cannot but bo struck with tho altered tone In which Americans speak, if not of {hieir institutions, at least of the men who havo tho present direction of them, Darty spirit may have somo shata in plansing suspicion, and tho disagpointmeut of an offico-secker may bo tha rourco of numberloss malicioua insinuationn, Lt thore Lias Loen a persistoncy in the dispare agomout of offlcial poople, & cantemptuous tons in reference to them, which is very significant. We hnd Jong beon accustomed to liear of mu- nicipal corription, and oven of the power of tho purso in cortaln of tho Btate Legisiaturos. Dut now it has boen intimated that in higher rogions tho irregularitics have been serious. President Graot has been aurrounded by mon of suspected roputation, who inight at avy timo briug disgraco upon_ him and upon tho conntry. His own popularity has suffored fn consequence. When he wus otected, in 1808, Lo had tho fairest opportunitics, Ho was a successful General,— o cuoracter that enjoye eepecial favor with tho poople of the United States. He bad brought to anand tho grestest warin which tho conntry bad beon ocugaged. Ho was the Chicf of tho Ilepublican party, which then had an overshelm- ing majority in"both Houses of Congress. lie had o dofinito work to_do,—the pacitication ana reconstruction of tho South, and ho could count ot the support of the American people until it was accomplished. Tho President's political careor ham pot been unsuccessful, forbo has carried out his policy, and ho has beon electod fora sccond torm. ‘But it cannot be said that hin position at the prosent time when his ofticial carec¥ is coming to a close, corresponds with tho advantages he pogsossed at the commence- mont. Tho suspicions with which cortain circles aro regarded has had much to do with the resent disposition of the pubiic. Peoplo ave atoly bocomo itmpatient st tho stories which are whispored about, and anxious to make a clear. aaco of au objectionablo set, who, {f not them- solves ofticial, approached too near aud were in too clogo a connection with the Lolders of office, ‘The recont trisl of Gen, Babcock for his alloged conaection with the whl!ky-rlnf; was follawnd with intooso interost by the pubiic, and althongh Gen. Babcock baa beon acquitted, the rovelation how things arc managed in this Contonnial yosr of the Republic is far from reassuring. In the prosent caso it m & Minister of the highest rank who is aocased, snd, morcover, ono whose pro- {fonslon and particular offico should most disso~ clste him from illteit gain, This incident and 1ts poseible cousoquences may have an importaut €Toct o the politice of 1lis Unlon. Ve scem to discern that the searchivg out of official delin- quencies will not bo allowed to reat, sod that a largor seops may bo given to lnquiries which biave slroady produced so groat a commotion. London Davy Newca, Amorican political Jife sooms in anything but & healthy condition. _Almost every day for some considerable timo back tho folegraph hes bronght us some scesh rovolation implicating leading poblic moz i odd trausactious little creditable, and the latest disclasuro of the series ia the most aatonishing and doplorablo of all. It in not necessary to wait until tho question of his guilt has bosn fully [sthomed in judicial procesdings boforo coming to soms strong snd fully justified conclusion with respect to thls series of palitical scandals, Thoy Lift the voil {rom a class of socioty in America which it way hitberto protty genorally anpposod Liad as yat escuped tho impurities of the social sirats below, and they load ono to fear that somo of the worat vices of municipal government may be percolat- iog into the Federal Administration. fi‘ne digoovery of the largs ramifications of the whisky frands, and tho sight of the President’s Socrotary on his trial, wero indesd somewhat startling. Thoy seemed to show that corruption was spreading with alarming speed, nnd enter- ing uew reglons. ‘T'ho vicions systom on which thio civil servico of tho United Btatos had beou bozed and continued, in spite of numerous warninga and tho toachinge of tho wiscat states- mon, Was sacn bf all oyes to bo bearing its puieonous fruits with romarkable fertility, Dut aftor all thoso scandals woro not perhiaps na- tional disgraces, Wo may say with truth that tho chaige under which Sccretary Belknap roats good ]huyond snythivg that was reasonably sus- ected, ¥ Probably wa may say in no apirit of nationnt self-rightcousness thnt what has occurred wonld Lo, and long haa been, o moral impossibility in Englaod, We bavo yoars ago pat down cor- ruption 1n high places, Of course, English his- tory presonts casos of Indiea tratticking in ollices, but to roach those instances wo wnuse revert to Mra. Mary Clark and the Duke of York, and tho scandals ‘connected therewith, to bo found at Inrgo Ly the curious in Cobbett's works, Scan- dals somewbat similar to thosa which wo have dexcribod did, indeed, coma to light after the fall of the Sccond Empire, but that is not an examplo which offers auy pailiation, We do not rocall those facts by way of reprosch, or mcrely in order to institnto & comparisou unfavorablo to tho United States, DBut tho better clnes of Americau citizens should know what {8 thought sbroad. Perkans thoy may concluds that if lomency {s moted ous to the Tweeds aud Goulds, loosenesa in publio lifo will bocomo catching ; that tho higheat may stumblo, and then plead, with Dacon, that thoy woro bub * frail," and did but ‘‘partakie of the nbusca of the f{imes.” Some trials now going on, or oxpected, in En- glavd mve us ground for self-oxsimnation lcst we should bo in the tirst stago of the malady, —_— POSTAL CONTRACTS. DARLOW'S INVESTMENTS, Spectal Dispateh do The Chicago Tribune. Wasmixatos, D, O., March 23.—Tho Post- Office inveatigation was continued by the exami- pation of McKibben, who haa appoared in and about Washington in varioua capacitics of mail contractor, investigator of invesugators, and parliamentary sgent. 1lis testimony has boen characterized by zeal to injure the Post-Oflico Dopartmont, but the main facta thus far, to tho extent that they do mnot rofloct dis- crodit upon Domocrats, aro suscoptible of oxplanation. Tho drift of the {estimony of tho last wook s to show that about £140,000 were o:ponded by Barlow, the great mail contractor, for corrupt purposes; that tho mouey was disposed of about as tollows (for of its disbursemont no denial is made) ; Tho Farrar & McKibb binatis MeKibben peraonatly, N, Wiisou, legiimata Hood, useful about departments, Morgau L. Smith, & loau, Bupizy Ui e 0,00 Jera Black, AlcKibbin, wnd’ Fasctial, sddfiionst CounIol (V880 0ueseravaranansne, Tolabussessssinesnannanraranrenresans, Of thus sum tho §40,000 was contessodly PALD TO SUPPRESS AN INVESTIOATION in 1872, yot McKibben to-day testified that he gavo tho names of witnesses who alone knew tho facts desired to be proved to Van Trump, tho Domocratio momber of tho then Post-Ottico Conunittos, It does not appeor that theao names wero communicatod to tho Republican mombers ot tho Committee, nud thiore ia vo traco of these namos upon the records of the Commiiteo. Farmar was & miserablo follow, who «dled in hospitat of want and driuk, srhilo MoKibben himself was an activo manager in tl‘:c matter, ’lnthmel:;a- Wn;o klglhoulmlgn or.wg- supt paymoent of tho $30,000, ‘Thero sooms to be lufiln'l’egfi evidence to concludo that the $10,000 was a blackmailing operation by Farrsr, to which Baslow subtaltted rather thaii have s pub- Uo opluivn crested tbat would forcg sho Foute 133,000 Im_nlar General to exercise a discration giv/;: b Lim in contracts to modify his routes and hezra the £500,000 of proporty, This has not b2 fully mado to appear, but thors 1n absalutaly |- evidence o show that o single dollar of this euus evor went i aetmene, 0 auy oflicial of the Post-Office Do~ S THE EMMA MINE. FIGHTING TOR TIE SPOILS, Bpecial Inapnteh th Tha Cincago Tribune. Wasuixatoy, 1. C., March 23.—Hoveral points wero very forcibly brought out during tho oxam- inatiouofex-Senator Btewart to-day by the Iloues Committes on Forelgn Affairs. Tho first of theao was that a very hitter quarrol bas, within the paat yoar or two, arison betneen Rtowart and Park an one side, and Lyon and Johnson on tho other. Thia quarrel o far colors and modifies tho testimony which each may give in regard to hig dealings with thoothor nutomake lt adsisablo to recolve all tholr testimony with s good many grains of atlowauco. Tho second point, which waa skiltully doveloped by the cross-questioning of Iowitt, of New York, was thoadmission that an sgroement was eaterad fnto between Park and Btewart, ropresenting the Emma Mine, and Darou Albert Grant, tho promoter of tho enter- prigo, that Grant ebould 'rig” the Evglish atock markot, If it was necessary, between tho timo that tho stock was offered for sale and set- tling day, when allotments wero to be made, Tho third point referred to rolates to tho timo when Gen, Echencl first becama acquainted with tho kchiome of I'ark and Ktowart to sell tho Em- mwa Miue, and tho date at which it was first sug- gested that be should ba given an opportunity 10 putchaso soms sharos of utock. In regard to * tiggiog " the English marlkes during tha time that subscriptions wero being received for Emma Mine atock, HEVERAL IMIORTAN cams out In Htewart's ovide FACT! It soems that ar nnd Park with Which has yet beou obitained by tlio Comitie, thero Is au agreo. 8 in tho contract made by Stew Albers Grant, no copy of ment that Grant bimsolr should purchaso at market prico beforo settling-day 5,000 shsres of stock in arder to provent the beats from doprons- ing tho price below par, Tho teims on which the stock wan offerod wero that, if the whole amouut was subscribod for within a givon time, then it shonld bo aliotted Ly the Board of Directors, 1f tho subscriptions fell slort of 22,600,000, then tho ten per cont paid in hy subacribors was to bo returned to thom. Htow- art said that 1t was customary in London as soan a8 the stock was placod on tho market for tho beara to jump usum it, snd to sell & grent nume ber of shares which thoy never owned, for the parpose of TREARING IT DOWH, ‘The arrangement with Albort Grant waa to pro- vent such Ao operation 88 this from succceding, At tho samo time, ha admitted ~ that at tho settling day, sot should have appeared that Albert Qrant, the promoter of the uchems, held 6,000 or 10,000 shares, thoy would not have been allotted to him. Tho dato whoa Gen. Bchonek flmt thought of obtaining somo of tho Emma Mine ntoclk, and also of becoming a Dircetor, DECAME VERY IMPORTANT, aa upon Ite determination depends in a largp degreo the measuro of hia responsibility to En- glist subroribers. Albert Grant, in the stato- ment mado not long ago, Eaid that the arrango- maot with Gen, Scieack not only to becomo an owner of tho atock but also to bs one of it Diroctors had beon made befors ho sgreed to tako liold of tha enterprisn. Gon. Behoack himsolf, in nis deposition, inade it the ¢ last of October, the occasion belug a dinnor at which Stewart 'aud Lvarts woro proeeut. Ex- Seoator Btowart sgroes with Gen, Schonek thad tho Emma Mine waa flrst mentioned to him ns, that dionor, but makos dato of that dinnor noap- Iy _a mouth esrlior than that given by Gen. Behouck. Btowart also mays that to the best o his knowledge nothing was ever eaid 1o Schonel ¢ sbout becomivg a Dircetor of tho Company until, tor Parl's negotious with tho firm ar g tho oveping of the 2d of November, af~ Jay Cooko, McCulloch & Co. bad alroady bsan completed. Ir Btewart's testimony is correot, then Albort Graut agroed to hecomo & promotar of the schemo before any arrangemont had boen mado with Gon, Sclioucls, and to mako it agreo with Graot's statoment Park must have rep- renontad to Graut that Sclionck wonld lond s namo to It before tho arrangemont with Bchenck himeelf had beon made. Stowart's ahare of the rofite of the malo of tho nine, after paying yon for his interest and inctuding his foo for meking the contract with tho Now York Com- pacy, was about $225,000. Tho exatiustions will bocontinted to-morrom. [Ta the Ausociated Preas.] HTEWANT'S TESTIMONX. Wasnrxatoxy, D. C., March 23.—Ex-Sonator Stewrart resumod bis testimony, saying thas an hin return from Paria to_London ho met Gon, Bchenck, who stated to him that ho bad coo- cluded to becomo a Director in the Emma Mino Company, not thinking thero was auy impro- prioty in doing #0, for the reason hatat that timo tho Mimater to Portugal, cne of the oldest aud most reapected diplomats, was Prosident of » tramway company, and alao s vonder of the stoek, ‘The witness eaid ho had uo reason to bo- lieve Gen. Behenck knew before ho becamo a Director that Albert Grant was to receivo £100,000 for belng & promoter of tho schemo, Btowart said that Park bougtit €50,000 worth, of Cannda Southern and Utab Central bonds for Mry. Btowart, The bonds to his wifo, tho. cael fuld Lim from timo to time, with a checlc for §15.000 or £20,000 {n the soitlement made, wore, a4 near as hs could got at it, 3270,000. Alr. Stowart prosented A LARGE NUMDER OF LETTERS which were placod on tilo, They wore from Lyon to 'Thomas Almny, Balt Lalio, and somo of thom rolate to the procoedinga of Lyon to soeum the removal of Judgo McKeun. Lyon explaing bis plavs for waking the raid on the Judges. ln informa Almy that 1t ho can get tho proper ove denco ho will have them removed, aud that hn has omployed Noah Davis, of New York, and Bountor Conkling aud Bountor Btewart, and that ho could havo Col. Datrick removed if ho desirod. % LETTER FROM JAMEG E. LYON IN IEGARD TO FLOR. HILLIMAN'S REPOLTS. M. James E, Lyou bas sout to the Chairman of the Committao on Toroign Relations an ex- | planation of Willisms,Billimsn,and Hussoy's dis- ratch telegraptiod to London on the day boforo Trenor W, Park sold 8,500 shares or Emma Mino staclk. Mr. Lyon saya: The Willlams whoalgn- ed tho dispatch is I, Brydges Willlnms, u.'i then ono of tho Directors and Vico-Fresidont the Lmma Mino Company, who was omployed by Trenor W. Park, then in London, to visi and repert on_the Emma Mive on_ the following torms: L5000 in cash, pald to him on his de- partwo from London, aud acall on Mr. Park for 3,000 eliares of the stock of the Company at £20 pershare. This ' colobratea" and ** dig- intercsted™ oxpert waa iolnnd in Now York by ex-Seuator Btowart and Prof. Sulimas, who ad- compavied him to the mine in accordunce with the prearrangoed plan of Mr. Park, , . War- ren Hussoy wes tho mine manager, and then owned 5,000 shares, Thiess gontlomon's dispatch to Londou reads s follows Vory groat inprovemeats mada since last report, On sovonih tioor driftod 120 feet, and on the teatls floor 40 fect, all inore. At bottomn wiuzs, 50 feet below old ‘workings, drifted 40 feet, all 1n ore, ' Bamiplo assays, 23 por cont fead and 83,000 allver, leserves discoversd since last report, over 8,00) topa, Lverything cous nected with the mina b highly satlsfactory, Alalled supplementary repors, Canon road still btad. Shall forward 1,000 tona firat-claus ore forthwith, IHave ii5 tooe bullion, worth §40,000, Propose selling bere. ‘Wil report fully on return, WILLIANS, SILLIMAY, AND IlUSSEY, Of the above, tolegraphied to Loudon, and pablisbod winte Trenor . Park was tryiug to vell 8,600 sharos of Emma 8lino stock, Mr. Lyon SLH 1t means that large badices of rich oro_had been dis cavered siuce Prof, L'rof, Sliliwan's lsvt roport of Fob. 4, 1873, by sinkiug-ehatia sud winzes, sud by driving adita, which Lie reportod bad becu suuk, aod driveu Ml ore. 1t meaud et & u'fl”f.’:ul, Jicuo el o discoveries osaayod 24 per X ton slvers It u'!unl 1hut ’mzm -:hr; f':;‘::'. ;1‘1:?’:&"‘3 " taus o 8000 Ja sftver et om 1t moang thay thio rocert discoveries, aggreguicly cutimated, wera of tho valuo uf F16,000,000, After noting (he fact that Tronor W, Park & Co, mado * 000 by hiv operation, Ar, Lyon BAYE ¢ , SHiman’a report was obtained for the purposa’ o e Puck ahit b confedesates to voll tms wolthloss sharca 10 the Dritish publio, I8 well served (hat piirpose, and_now ihat the great fraud of sellin, (o nufno sud it suares has becn exposed, L'rof, Hillls Inan tmusk bear th criticiom aud_ ceuyure that ety Lly follow the preseut reading of his usiruthful and wost remarksbla roposts, Haviog summatizod several reparis mado by Prof, Silliman, Mr. Lyon coucludea ; By & carctul compulation of e values of theso yarious divcoveries uf ore, a8 aftixed by Prof, Sillman, 1 0nd that they amount in ths aggregats 10 the snore wmous sum of 33,994,870 Buch Ieporis ware clrcie Iated to arause the Enaliah p:.bl'+ intn the ¢ new Golconda had pecn Ais~ 1o+ that w‘;lllllg!o?alv: In jta lavish yialda (he exinte: ca ¢ three gensrations, It 18 quile evident, from th 1t of aubsaquent dee Yelopmenta, that the consciertly Atnoss and trothfule nesa of tho father had not bean inberited by the son, Tho Emma Company of London have xllll( thirteem monthly dividends of £18,000 sach, amounting ta £105000, Haw were thay pald? c4 s e 1o the treasnry by ihio vonders; £70,000 was repressnta el 10 Lo tlis net valno of ores ab the deypot in 8alt Lako roaly for shipmant At {he time of ihg nale, nad not includod In Prof, Hiliiman'a TEPOTta row ferred to: £33.007 wers borrowed of Mr., Patk o payp dividends, Tuess sevoral pums amount to £140,300,. Let us deduct this nmount from tha lotat sam pald sy diridends, and we have a balsnce produced from the miue of £45, . ‘Tha liabilities of tho company om tho 1st of Jnnuary st wera over £13,000, {chiding tho money due to Mr, Park, Mr. Atwaod, the mining enguicer, afler being 1o ciiargs’ of tha inine nearly two yeata and # Lalf, In the concluslon of his repora rays: “Iecan only reiteralo what T have stated in my previous reports, that is that your mine in 1) exlinuried, and that your only hope for the futire fests entirely on a geological problem, which problem will tako timo and a large smount of money snd engls ncering to solve.” —— THE FREEDMEN'S BUREAU, INVESTIOATING TUE ROTTEN BIDK OF TUAT COM cEuN, Snecial Dispateh to The Chleags Tridune, Wasurxazon, D, C., March 23,—Tho annna¥ Tepors of Adjt.-Gen. Vincont, in charga of tha Division of Freedmen's Affairs, has roached the Honso, Iloroporta tho result of the fnal over- haulivg of the Looks, papers, and sccouuts of the late Freedmen's Burcau, Sums aggregating €46,000 wero ecnt out Ly Ballock to disbursing officers and not paid out by them, Upon the ro= turn of all theao sums Builock did not cancel the. vouchers In the Troagury already allowed him. for the disburscments, The Hocrotary of War recommends a criminal enit ngainst Bullock for attemptivg to settlo his accounta by using re- tained vouchera for £16,000, tho original of Wwhich ho had nlrendy been credited svith, £ was found that o larga balance of doficita were maintnined for overal years, rauging from £9,000 to 800,000 n month. Thess were the #ums roported on hand in designated deposi- taries or tho Treasnry, but not in fact thero.' Gen, Vincent expresscs tho opinton that theso’ laro sums wero UBED FOR TRITATE PURTOSTS, and cnlls attention to tho fact that, a4 soon 2s thio tranafer of tho furenn to thw (Var Depart- meant stonped theso irregularitiea, tho traubles of the Freedmon's Bank begzan. Tho smouns of the retaiued pounty fund to be noe counted for s still $131,000. The books and checin have been destroyed and the vouchors withdrawn frown tho Treasury to conceal this fraud, but it has beon mainly discovered, In Rost Home colony, in Louisi- ana, £20,000 was put into the Freedmen's Daok by order of tho lato Comminsioner IN VIOLATION OF OBDEUS, and loft there. When the ordor was issned traneferriug all the monoy of the Bureau to tho War Dopartment, Of the £340,000 loaued plaute ors, §200,000 atil! remain due in Houth Cuolinn' alone, Of tho 140,000 roturned, mach of it was| aiverted to another hend of sppropriation, and ' used for purposes not contemplatod by Con- gress, In 120 comfilnint cascs, Gen, {'inennr roports faleo vouchers filed in thn Troasury: amounting to 822,600, Tho Secound Auditor hasi written to Gen. Howard naking bim to roturn: this sum beforo guit bogins to recaver it. ——— COV. TILDEN. CNOOKED TRANBAGTIONS OF BLIPPERT WAM—GONE TO MEET GEONIOE I, PENDLETOX, . St Louw Globe-Demacrat, Murch 20, Nowspapor readors have probably noticed within the past fow daya that suit hag been ig- stituted in New York by the St. Louls, Alton & Terro JIanto Rallrosd Company agamwst Samuoel J. Tilden and others, for the recovory of morg than #250,000, tho proceeds of an alleged fraug gnmmhlml by thom while controlling the organ ization gowmo yeors ago, Knowing that Mr. Wille iam D. Griswold, Preaidont of tho St. Louin Tranefor Company, was, at the time of tho com- misnlon of tno acts out of whicli the suit has grown, Preeident of the Bt. Louis, Alton & Terro Hnute Railroad Company, the Globe-Dima orat sent a reporter to that gentioman, with a viow to obtain tho actual facts of tho caso. ‘¢ Tho substance of tho nccusation,” eaid Me. “Griswold, * stripped of all apparol of words nud forms, 8 this : T'hat Gov. Tilden, in confedera- tion with Charles Butter and Russell Sage, of Now York, about the year 1864, appropriated bouds belonging to said Railroad Company amonnting to upwards of 8334000, and that thess Louds carried somi-annual intorest [rom 1562, and that the whole amount roalized on the bouds and intercat is now not lews than 500,000, Roportar—** P'leass state tho main facts of the :rn_nmwnou, and whore tho ercokednees comos o Mr. Grigwold—*In_1361-'62 tho Torro Haute,. Alton & St. Louls Railroad Company was teors Ranized by a foreclosuro of the dofaultod mort~ gages, aud a Falo of the road under Judicial decreo, and a purchase of the samoe by tho portios in intereat, thromgh and in tho mamo of agents appointed fiv- them, called a ' Purchasing Committes,” pure auant to a formal vlan of ¥slo and reorganization sigued by enid parties in intcrost, thoy being the Lond and stockholders of tho original COTPOra~ tion. Tildon, Bage, and Butlor wors of this ** Purclasing Committeo,” who purchased the road at the sale. TLo conslderation, or pare chnse money, was sstisfiod by the bonds for which the foreclosure sud salo woro decreod, which hed been surrenderod by the holdors for that purpose. ‘Thesa Loldors of old bonds wore sausiled for tho samo by an feste of now socurle tio4 in bonds and atock by tho now corporation, which wan directly organized and instituted, pursuant to tho plan of roormunization, The practical modd of ‘sccomplisbing this change of eocuritios waa this ; Tho new corporation estis matod by cateulation the quantitv or number of bonds of tho savoral classes, and also the ntock, common aud preferred, which would be necossary Lo cover all tho intorests and rights ombraced in tho purchase, This could unl{ be done approximately, snd thag thore might bo no deticloncy in tho provision, a surplus of the suveral clasmos of bonds and stock was prepsrod, and the whole amoont placed in the bands of the Purchasing Commit~ too, from which tuo just distribution was to bo made. After flual eatisfaction was mada by such distribution to all persons who sure rondored tholr old securities, according to tha plan of reorgumazation, an excess of Eaudn to the amount of about £234,000, bosides $250,000 of common and 131,000 of antun’ed capitab stock, at its par valuo, rematned. “*Well," continued Mr. Griswold, “at a meste iog of tho Board of Diroctors of tho new core poration, in Now York City, in the summor of 18062, tho question was discussed a8 to whether the surplus of securitioa should be cancoled and dostroyud, or should be packaged up and placed in secure dojposit for suck possible future use as tho wolfare of the road and the jutaresta of the Company pught roquire. Tho lattor alternativa moasure was agroed to, Ido not romember what tho rocords ot the Loard of Dircctors contain a6 to this sction, or whother thoy contaln any- thiog, but it will be romombered "by members of the Board thon prosent. Hon, Authonv Thorne tan, lato a Judgo of the Supreme Court of 1lli- nois, was ono of tho Diroctors, aud was present, Mr, It Tousey, now of lndianapolis, was Becre- tary and Lreasurer, and was siso present, Aflere weards these Londs were abstracted from their place of deposit, and the suit againat Tilden, Sage, amd_Buller is now brought for thefr re- covery, They wore membera of the Doard of Direeiors of tho uow orgamzalion, sud continued: uutil June, 1875. 1n 1873, it being discovered by sevoral hold- ers of thid stock that tho Company were paying 1uterost on au unduo smount of bonda, aud that tho counoos of the bonds whieh woro of tho sur- plus were boiug collocted sowi-annuaily, s fow of them combinod nud resolved to make an effart to unveil thoso frauds aud to proso. ot the orimunal partics. Thoy sought, and were rofused at tho genersl office in New York, an ingpoction of thu voling registons of tne bondholders, which wero under the control of these partios. ‘Thoy appoiuted B committeo to come out to St. Louls to attend the eloction of Dircctors in Juno of that year, with such votes s they could tind withoutb suchi registers, and thoy ulnplo{b'.‘ an ablo young attorney aud coune selor, Mr, W. C. Whituey, o coms out with them 1o aid o unerth thedo sublorrunoan oporations. Headed by Mr. Whitvoy, they appoared at the ootiug of the stockhalders, which waa compoy- od of Charlos Butler himuolf, carrying the pre- pondorating proxics of the New York Ring aud tueir dupes, with a few persouns from llinois, whom ho bad callod together for the occasion. Mr. Whitney made tho tlas charges, and demand~ od their admission, or some explshation of the exceasivo lesuo of securities. 1is domands were votused. - Ho vlfered a resalution of loquiry inke