Chicago Daily Tribune Newspaper, March 24, 1876, Page 4

e ' TERMS OF THE TRIBUNE, "@ATES OF SCTRSCRITTION (PATYADLR 17 ADVAI!CE). Pastnge Prepald at this Ofce. Daily Edition, postpaid, 1 yea: reseennss S130D Partsol year at s fai address FOUR wEXS 1.00 n.\;!;ld{ ‘,nl.ll.xm:1 Literary and eliglol 2,00 Trlweskly, posinaid T Yont.. ity 'WEEXLY EDITIO] Smep eI, Club of twenty, per copy. ‘T ha postags 12 15 conts Bnecimen coples sent fros, To prevent delay and mistakes, be surs and eiva vost- Dffice address in full, Inclading Btate and County., Remiltances may be mada elther by draft, express, Post-Office order, or In reaiatarsd letters, at out tisk, TENMS TO CITY SUDSCRIDERS, Datly, dellvered, Sunda sxcepted, 20 cents por week, Dally, Corner Madiaon and Dearbora AMUSEMENTS, ACADEMY OF MUB!O—-Ilalsted atreet, belwoen ‘Maditon and Monroo, Evgagement of the Julis Mathews Burlesque Troupe, * Girofle-Glrofla,” WOOD'E MUSETM~Monroe street, betwaen Dear- born and State, Afternoon, * Factory Girl" Eveniug, 4 Rfchard LY ADELPHI TIEATRI~Desrborn atreet, oorner Mooroe. * Humply Dumpty,” HOOLEY'S THEAT! Dlark sud LaSalle, %1 ~Itandoiph street, botween ‘allforals Miastrels, McVICKER'S THEATRE—Madison street, betwean Dearborn and State, Lugagoment of Jon E, Owens, " Our Boys,” FARWELL HALL—Mndison atrect, hetween Clark and LaSalls, Lecturo by I'rof. Il A." Proctor, Bub- foct s * Other Worlds thau Qurs, HOME LODGE, No. 603, A, T, snd A, M,—TRegnlar munieation this (Friday) evening, March 14, at o'clock, Buslucsn of importance and work on the 2L M, Degree, AMembicrs are earnestly requestod to Le present, Visiting bretlren cordially invited, By order of E. I TOBEY, W, M, WASHINGTON CHAPTER, NO, 41, R, A, M.~Spe- «cial Conyoeation thia (Friday) aflerncon and eveul ng at 4 and T:00 0'clock, for work on the Itoyal Arch Do- gree, Vi (nfi Cowmpanfous cordfally fnvited, Dy or- perof theAL £, IL P. GIIAS. B. WRIGHT, Sccretary, ONIENTAL LODGE, NO, 33, A, F. & A, M.—Gpectsl Soramunication thila (Friday) evening, at 7:30 o'clock, for work on tho Third Degres, Visitors and memberd fratornally invitod to moct with ue. By order of tho Master, 1. N. TUCKER, Sscrofary. The @hicngo Tribume, Friday Morming, March 34, 1870, Greonbacks closed at 87} at the Now York Gold Exchango yesterday. e Mr. Monnisoy's Committes aro wrestling with the new Tariff bill, with o fair prospect of mastering the troublesome enstomer in the courso of humnn ovents. On the subject of tobncco in its various forms the Committeo havo agreed upon s decided increase of the Juty, Henceforth the manly nnd courageons pas- timo of wife.beating will be attended with some nnploasant consequences in California. Gov. Pacarco yestorday affixed his signature of approval to the act which provides that men found guilty of wife-beating shall bo ‘publicly whipped. To him who, in tho love of nature, holds daily communion with, and thoroughly be- Yeves in, the meteorological scer ot the Na- tional Capital, we would briefly remark : Take your umbrelln—green colton or other. wise—or waterproof under your arm og you 8o abroad to-day. Sm—————— L The Rbodo Island Republicnns yesterday renominated their present State officers, Gov, Hrxey L. Eeprrr beading the ticket. 'The delegates to tho National Convention go un- instructed, Wirriax B, Beacn, o prominent {awyer, hing been assigned to the placgvacatod by Gen. Cooge, who doclined to nccept the Demacratio nomination for Governor, z9, of Nevada, hns a wholesome fonr of being blown up, sud he proposes to avoid such n catastropho if legislation can do it. Ho has introduced a bill requiring ship- pors of nitro.glycerine to guard against ox- plosion in tenasit, and declaring to bo guilty of manslaughier shippers whose neglect to teko the nccessary precautions results in ex- plosion and death. Thera ia & way by which dynamite can bo transported with perfoet safety, nnd to compel tho employment of such mothods is the objoct of the bill. — Bo far 08 tho Post.Ofico Department in- vestigation lins proceeded, it appears to have burt nobody it was simed at. Tho money that was paid to suppress the investigation in 1872 hiaa not been traced beyond the black- mailing lawyer who reccived it from I3an- Low, the contractor; but it lenks out that tho names of witnesses to prova the desired facts wore given to a Democratic member of the then Committeo of tho House, who, for some reason, failed to communicate tho Important information to tho Republican members of tho Committce. The present investigation was organized us a drag-net to catch Republicans only, and here we have Democratic fish a8 the sole product of the bisul up to thistime. Theso things should bo taanaged more skillfully. Tho Republicaus of West Chicago have placed in nomination n most excellont town ticket, and one which should and can be elected if a proper degreo of interest is mani- feated by tho tax-payers. ‘Tho nominee for Assessor, Mr, Jaxes W. Crang, bas had sov- eral years of valuablo expericnce ns a City Assessor, and will make a good officor. ‘The candidato for Supervisor, Mr, Aveny Moony, is tho farthest possiblo remove from tho averago bummer and (ax.eater, and bis clec- tion will be a guaranteo of honest and capn- ble mansgement of town affairs. "Tho re- mafnder of the ticket is far nbovo tho usual &tandnrd of town nominations; but, oxcel lent ag tha ticket is, it will not ecloct itself, Tho tax-grabbers will be out in force with o ticket of their own, and, if left to themsolves, will employ their customary tactics of ballot- box stulling, and with the customary rosult— that of retaining their hold npon the "Town ‘Treasury, and their control of tho nssessment and collection of taxes. To provent this, watchfuluess and work will bo necossary, Tho Chicago produce morkots were fr- regular yesterdoy. Mess pork was moder. ately netive nnd stondy, closing 100 higher, $22.45 cash nnd $22,82) for May. Lard was netive, and @100 per 100 tbg higher, closing at $18.85 cush and $14.073@14.10 Moy, Meats werae dull and easier, st 830 for boxed shoul. ders, 1240 for do short ribs, and 12}o for do short clears, 1lighwines were active and firm, at §1,06 per gallon. Flour was in good domand and steady, Wheat was less nctive and $@lc lower, closing strong nt $1,02} for March and $1.07§ for May. Corn was in better demand and 2}o higher, cloging st 400 for March nnd 49fo for May, Oats were qulet and easler, closing at 8Ja for March and 860 for Msy, Rye was quiet at 05@ 6530, Barley was quist and stesdler, clos. ing nt 6o for March and 57jo for May. Hogs opened quint at 10@16a decline, but closed nctive and finn, Cattlo wero active and stendy at Wednesdny's advance. Sheep wero firm ond unchanged. One hundred dollara fn gold would buy $114,12} in greon. backs at the closo. The Municipal Reform Club of Chieago held o rousing mesting lnst evening, and tho number of solid mon in attendance— men of brains, wenlth, and standing in the community—was something unusunal nnd gratifying. A platform was adopted in which politica are conspienously absent, but which deals with questions of the gravest import to the people of this city. It means reform, and tho men who adopted it mean fo exerciso o powerful influonce npon municipal affairs in the reduction of oxpendi- tures and taxation, in the clection of Lonest ond respectable men to the control of the City Governmont, in the rostoration of the credit of the city, and in the enforce- mont of economy and honesty and the sup- pression of extravagance and corruption. It in n big job that tho Reform Club Ling un- dortaken, but no ono need doubt that such a movement in such hands will surely sucoeed. The importance of obtaining further testi- mony from Mansi, which was so singularly overlooked by the Demoeratic Committecmen when they hurried him out of Washington, was fully demonstrated yosterday during his examination, The link wag supplied that is nocessary to complote tho evidenco ngainst Gen, Berexar and ronder his impeachment apparently certain, Mansn's memory has improved, and ho now recollects distinetly having talked with Secretary Bervar nbout the article upon post-tradership extortions which were published in the Now York Zi- une in February, 1872; nnd that he in. formed the Secretary that the contract with Evaxs was then fu forco. Other testimony is at hand to prove conclusively that Brr’ xxap continuted to roceivo a share of the ox- tortions for nearly threo yenrs aftor the mat. tor wns brought to his knowledge. It was upon this point that the impeachment pro. ceedings must have failed but for the efforts of the President and Attornsy-General to se- cure tho roturn of Marsn in order to obtain the necessary evidence, TRE 3, ON. HEME. 1In tho Rochello (Oglo County, 1il.) Register is o letter by Mr, J, M. Kixg, in which ho discusses tho plan of interconvertible 3,65 bonds, and claims for that bond the great power of restoring the finances of the coun. iry to n prosperous condition, preventing ponies and bresking up gombling in gold. 'This letter, to which the editor iuvites our attention, doubtless expresses tho opinion of many persons who have never given tho matter serious thought, and, though the sub- ject bas bocome somewhat throndbare, wo ngain notica it. Mr. Kino proposes to offer to the holder of the greenbacks o bond bearing 3,65 per cent interest in gold. Thess bonds ho estimates would have on immedinto valuo of 92 conts, and the greenback would have the samo value, whilo to make the greenbacks receiv- ablo for duties would make thom equal to gold. With the greonbacks ot par with gold, the Government could issue them to buy bullion, and havo the latter coined at the mint, and with the coin could pay off all tha nationn! debt, 'Thora being no importers wanting gold, he says, the United States would then have o monopoly or the gold market. As a further result it is argued that the freo issue of greenbacks would put in- terest down to 8.05 per cent,—the inter. changenbility of the bond aud the groenback regulating the supply of the latter, Our readers aro familiar with this kind of ronsoning. Mr. Krrrey hay talked it for many yeara; it has beon ventilated by count- less conventions aud by writers, and by members of Congress and Sonators. But the original 3.65-bond peoplo have long sinco got beyond Mr. Kiva. They do not now recog- nizo gold as monoy at all. They are opposed to all bonds or notes, or any form of credit bosed on gold ; they will have nothing that is to be redeemed, or that is to bear interest in coln, They now domand tho issue of paper money,—not notes or promises, but money, —cach ploco of paper to be * dollars " accord. ing to tho stamp placed thereon. AMr. Kiva, thorefore, is already nn old fogy in the estima- tion of tho regular 8,63-bond advocates., It iz scaroely worth while to discuss Mr, Kmva's schemo any farther, becauso his party do not tolerate cither gold intorost or gold principal for tho patent convertible bonds; their State platforms excludo such ides, and if ho should propose his gold-intercst scheme in an Inde. pendont Convention Lo would bo put down with the cry that ho was a bullionist and thoreforo “an enemy to the poor man.” Alr. Kirxa thinks that a low rate of interest would provent thoso .63 per cont bonds from going nbroad. Nothing of the kind, They would havo thelr market value just like any other bonds, and would Lo exported and sold for that markot price. 2Ir, Kixo continues: 1 cary onough to calculate the worth of such & boud, which would ba shout 93 cents on the dollar in 4old, Then, if the Govornment would redcem tho ireenbacks on presentation, or interchanga for thom, our aslom would apply thus: & dollar greeaback ©quals o 3.03 bond, s dollar 345 bond oquala 92 cents iu gold, cousequently a dollar greenback equals 92 cents fu gold, ‘Wo caunot compreliend how ho arrives at theo result of 2 cents; & per cont gold Londs aro nbout par, which would make a 8,65 per cont boud, having tho same thno to run, worth but 79, or 75 at most. 'Fhe Secretary of the T'rensury thinks ho can sell o thivty.year 4} porcont bond at por. 1f 50, uthirty.year 8,05 would bo worth a fration over 80 “conts, in. stend of 02 por cent, ‘I'ho United States owe $1,000,000,000 in 6 per cent bonds and $700,000,000 {n 5 per cents. o fssuo groenbacks convertiblo into bonds wortl but 80 conts, and purchasing gold therowith, would hardly accomplish such o revolution in tho publio debt as would sat- {afy tho country, Tho total Londed debt is in round numbers $1,800,000,000. To pur- chaso gold with which to poy off this debt by the issue of greenbacks convertible into 3.65 bonds at 80 cents on the dollar would add $370,000,000 to the principal of the debt, and thers would be no saving of intercat whatever. Mr. Kina's suggestion Is, that to make greenbacks recelvablo for duties would make them equal to gold, and to prove this he cites, 08 others have dona before him, that the United States early in the War {ssued $00,000,000 Treasury-notes, which were re- ceivable for customs, and that these notes forever after were equal in valuo to gold, though thoy bors no interest. Tho mistake 18 1n assuming that their valne was due to the fact of boing receivable for oustoms. Nothing {8 more cortain than that, it the Governunent shall offer a thirty.year boud bearlng 8,05 per cent fnterest in gold in exe change for greanbacks, thad the gresnbacks would rapidly—~almost fostantly, indeed— find their way into the bonds, and the bonds and greenbacks would have n valuo in coin proportionate o that of other bonds, and no more. The greenbacks would bo drawn into theso bonds and held thero by the forcoe of tho interest thorcon. Thoss bonds would cireulato ns a clumsy kind of curronoy, and there would be no other curronoy. Nobody would profor a non-interest-bearing groenbnck to an interest-bearing greanback, for tho con- vertible bonds would in offect o intereat- bearing greonbneks, If bankors, for the sake of small change, should surrender 3.65 bonds and tako currency, ns soon as they paid it out it wonld fall into the Liands of thoso who would straightway excliango it for bonds, Mr. Kixo falls into a siugular error whon hosays: , Among the first lssuea of greenbacks thers were $60,000,000 that differed from the present silll in one particular ; that i, tey were rocelvable for duties on {mports, and these wo liavo not, Consequenily, when cold was quoted at 230 thieas $60,000,000 wero quoted at 480, or, in other wordy, the groenbacks that wera not rocelvable for duties were worth 35 centa on ths doltar in gold, while the greenbacka that wars racelyable for duties wera at par with gold, . The thing that kept that issue of Treasury notes at par was the fact of their being pay- nbloon domand in cofn at any of the Suba Treasuries. Thoy wore all speedily sont homo for redemption cither in coin or duties, and wero not again reissued. Tho Govern- ment could not keop them in circulation, and the experiment was abandoned, ‘Tha valuo of tho prosent greenback is indi. rectly incrensed becauso it is not receivablo in paymont of duties. The entire importing mercantilo class is interestod in keeping tho greenback ag near the valuo in goid as possi- ble, because tho greenbncks havo to be sold for coin to pay duties, to purchaso imports, aud to pny foreign balances. 1f greonbacks be receivable for duties, then the only cffoct would bo that merchonta would pay the Gov- ernment 88, 80, 75, or 60 cents duties, whero they now pay 100 in coin, and ench man would be interested in having greonbacks ro- duced in valuo as they are now in keeping that value up to the highest point. The demand for gold to pay for foreign balances on imports would continue. An- other misinke Is in the assumption that the only market for gold is to pay dutics, and that, if dutics woro poyablo in paper, the product of tho gold mines wonld be unsal~ nblo oxcept at such prices ns the United States Governmont would give for it. Gold ling o market 03 wide as commerco nnd civ- ilization. It dees not accumnlate or flow to pointa where there is no demand for it, but naturally seols thosa countries where thero is both uso gnd demand. Reducing the de- mand for it has merely the effcet of forcing ita exportation; increasing the demand for gold will have the effoct of keoping it here and drawing more. There is but one way to maintaln credit public and private, and that is to pay all debts according to contract. A man cannot muintain his eredit by exchanging one irre- deomablo note for another, and, as it is im- postible for a Government to keop its irre- deomnblo paper notes in circulation at par, tho obvions duty of the Government is to offer tho creditors a bond bearing such rate of interest ns overduo and unpaid obligations are entitled to, and to thus retire its forced loan serip. ONE OF GOV. TILDEN'S REFORM OPERA. Reformer TiuDEN'S operations in the St. Louis, Alton & Terre Haute Railroad busi- ness, a8 appdars from their history reprinted in Tue Tomone this morning, would seom to place him several lengths ahead of Hex- orices in his Indianapolis water-works ring offair, or PexpreTon in that misorablo Ken- tucky railroad-claim matter. It nppenrs that in 1861-'2 tho rond—then the Terre Hauto, Alton & St, Louis—was sold on foreclosure, and bought in for the Board and stockhold- ers by o Purchnsing Committes appointed by them, of which Bamvern J. Trupex was the chicf member. In ordor to effect tho rcor- gonization, with view to which the purchase was made, the outstanding bonds and certificates of stock of the original .corporation wero by tho ? holders de- liverod to tho Tmpey Committes, which surrondered them in poyment for the road. Thoreon the Company was reorganized, and, according to tho agroement between thostock and bond holders, sccurities of the now Com- pany wore issued, upon & basis fixed on, to them in liou of the original stock and bonds by thew surrendered. By error in the com- putation, or because of some indefiniteness a3 Lo the basis of tho exchango, when it was complote, thero were found romnining in the hands of the TiLoex Committao about $284,- 000 of bonds and $250,000 of common and $131,000 of preferred stock in oxcesa of the ariginal stock and bonds for which thoy wers issued. 'Tho entire original stock and bonda hoving been surrandered and canceled, and the securitics of tho now Company having Leon issued therefor, this over-ssue ropre- sented nothing but superfluous printed blenks, though nominally filled out. Aftor somo dicussion a8 to whether they should be canceled oud destroyed or kept to bo available in an cmergency, us tho interests of the Company might require, it wns ordered at o Directors' meoting that thoy be put up in & soparate package and kept sccurely with view to possible futuro uso, Meanwhile Titpen and tho lending members of tho “Purchasing Comumnite tee” had succoeded themselves in the con- trol of tho reorganized Company as Dircet- ors, oud coustituted a majority of tho Board, o that practically the excess of bonds and stocks not issued remained in their posscus. fon, In 1673, no further fiction having been taken, aud tho issuo of these bonds and wtocks not having been authorized, tha stock. holders wero astonished to find that interest was being regularly collected on tho wurplus bonds. 'Thercon they demnnded an explaun. tion from the Tipex Directory, which was refused. They next cmployed a law- yer to bring suit]ogainst the Directory for the rccovery of the surplus bonds or the value thereof, and tho interest paid thereon. About the time the procsedings in the courts were meking it hot for TiLpey and his associates, it happoned, and the oo currenco was most significant, that the very lawyer employed to prosecute the suit of the stockholders ‘against the Ttrpgy Diroctory was, through Titoex's political influence, ap- pointed to a lucrative position in the Law Department of New York City, and therc. upon he suffered the suitto dle out. It has, howaevor, lately beon ronewed against TiLpex, Rossert Bace, and others of tha Directory, and through it the stockholders are striving to find what became of the surplus bonds, the issue of which was never suthorized, but was, in fact, downright theft; also whother it haa been through manipulation of the stolen bonds and stocks that the Troxx Direotors' sing has held its grip on the road. Buoh is the case agalnst the great New York zeformer as presented in the courls of THE CHICAGO TRIBU that State, and ns; the ox-Prosident of the rond fully states it. It ia no olectioneering story sprung on the cve of eclection. It docs not originnte in any hostile partisan investi- gntion for buncombo's snke. But it is the statement of fact befors a court of law, which the partios making it como into court to prove, and upon which thoy ask judg- ment for over a quarter of o million, out of which they were defrauded by mirapproprin tion—or in dircct phraso theft—of the bonds in question, Mr, TiLpEN is now af- forded full opportunity to acquit himself of all participation in the rascally business; snd #ho buys off the plaintiffs or makes techni- clinl dofonsos or atherwiso delays or foils to nequit himself, he will very shortly boa politieal corpse in an advanced stage of de- composition, AN ELECTION FOR MAYOR., Tho Common Council, st ita moeeting on Wednesdny ovening, sdjourncd after mid- night without coming to n vote on the quos- tion whethor or not thers shall be o call for o special elcation for Mayor. Uhis result was oblained by the filibustering o2 Corvin's ro- tainers in the Council,who succeeded inbring- ing out o sufficiont nhmber to vote an ad- journment, after listening to their harangues ond enduring a sorfes of their dilatory mo- tions. By this process the Aldermanic blow- ers and strikers of tho nsurpation thought to dispose of tho wholo question. In this thero is renson to bolieve that thoy are mistaken, ‘We understand that n special meeting of tho Council has been ealled for to-night to con- side the matter. If tho ngents for tho Ad- Interim in the Council again succeed in dodg- ing o voto, another special meoting should bo called for Saturdny night., If they ean still suceoed in virtunlly suppressing the is- sug, it will come wup at the regue lar mocting Monday night wunder the unfinished business. If postponed till Monday, thers will still be time to call the special elootion for the same day as the election for other city officors, The charter requires that tho notico shall be twenty days previous ‘to the election. The regular elec- tion occurs on the third Tuesday in April, which falls upon the 18th inst, If tho elec- tion be called Mondny ovening, March 27, and published Tuesdny morning March 28, there will be an intervention of the requisito twenty days before tho day of election. It will be safer and bettor, novertheless, to bhave tho call made, if possiblo, before then. Whether or not thero is o majority in favor of calling the specinl election for Mnyor, it is proper that the publio shall know who the Aldermen aro that favor it and who oppose it, There is no local question in which thero is so much interost ot presont o8 this, and the constitucnts of the varions Aldermen are ontitled to know whether or not they are fairly represented in the Council. This canonly be definitely and cer- tainly ascertained by n direot vote on the propogition to call a specinl olection. The nearest to o test voto taken in the Council at Wednesdoy ovening's meeling was on the motion to rocomsider the genoral call g0 ns to make tho specinl call o part of it. This was loat by o voto of 21 to 18, but it may be that somo of thoso who voted against the reconsideration did so because thoy believed that the general and special calls should be separated. In that case, they would voto in favor of a specinl call if submitted by itself. Hence the nccessity of a direct vote, and it i3 to bo hoped that tho Aldermen who believe that tho people have a right to clect their own Mayor will all bo present to-night, so that the proposed call may not be defented on nccount of the absence of those who favor it.. Indeed, the absence of Aldermen either to-night or at nny subsequent meoting to which the question may be postponed will be construod by tho public ns an intention to favor Mr. Couvix's proposterons and impu. dent claim to hold tha office of Alnyor an- other year, GENTLEMAN C AT THE CONFES BIORAL. MMr. PexpreroN has been furthor explain- ing that Kentucky railrond-claim job before the House Judiciary Committee. He could not, and thorefore did not, deny that pleas- ant sojourn in London with Mesdames Bowrn and Mansu, while on the Continent the wifo of his bosom awaited his coming, nor that run through Spain and the provinces with the samo charming compagnons du voyage, whila again his wifo awaited him at Paris, nor yet nbout the diamonds he presented Mrs, Bowen. DBut, like tho gallant fellow ho lins shown himself throughout, hio atill sereens the Indy. Ile denies emphatically that he ovor dircctly or indirectly paid ber any sum oo her share in the job or for her services in putting it through, so that the $30,000 check business which Bex Burser, with his sinister optic, dotected, must be accepted, like the dismonds, ns o moro slight testimonial of his gallent admiration for tho lady,—merely that and nothing more. And Gentleman Gronox could nbout thet timo nfford to moko guch little gallant testimoniala to his inamorata, IIo bad just ronlized on that trumped-up Lumbug claim $148,000, On the part of tho corporation ifsclf the claim was 80 shadowy that it may bo enid to have Lad no shadow of foundntion in right, But on his part and those ho reprosented, or ns- sumed to roprosent, thers was absolutely no right to a dollar of the proceeds, as Mr, Pey- pLeTON himself confeasod bofore' the Sub- Committes, Whntevor was allowed on the clnim was allowed to the Kentucky railroad. Mr. PexpreroN admits that the courts on fiunl appeal, at tho timo the claim was al- lowed, had decided that the road did mot belong to the Bowren heirs, whom he assumed to ropresont, but to tho counties through which it pussed. Pending tho disposition of some technioality, the decision had not beon carried into effect, so that the PexprLe- ToN-Bowren party hnd not yet heen ousted of the posscssion, And in this attitudo of the case, Mr, Pen. DLETON, 08 appears byhis own statement, availed himself of his and their temporary possession of the roed, until such time as the judgment of the Court laking it from thelr hands could be executed, to pocket one-half the procceds of the clalmn, and distribute the other half among his relatives, tho Dowren heirs. The lawful owners of the road were, it appears, in fact, kopt in ignorance of the payment of the claim to Mr. Penprerox for their account, Bummed up, then, upon his own testimony, the clalm which had beon ropeatedly rofected, which thero was such absenco of foundation for that no attempt was made to secure its allowance through the Court of Clajms, was by bim put through in the name of the Railroad Company, and, that done, ha appropriated the half.of the pro- qoeds, and bestowed the rest upon bis rela- tives, Out of hisown share the little §30,000 testimonial to Mrs. Bowrs was o mere bit of gallantry which needn't be taken into account, Tho significant fact remains that even it Mr, Pexnrstox could, by any poasie bility, bave persusdad himeslf thad the soad FRIDAY, TIIARCH 24, 1878 had some sort of clalm, ho confessea that he himself pocketed and gavo nway the praceeds, and that this he was ennbled to do becnuse of the dolays of a law suit; and sohe *2id " the Inwful ownersof the rond and of the proceeds of tho clnim ont of every cent of it. Thero i3 no occasion for Mr. PenpreroN to oxplain further. Each of hia explanations Laa beon n moro damaging confession than tho other; but thero is no confession he could make would placo him in worse prodicament than that in which ho has left himself, Gone to meet Frorp, 'Tuosrson, Twesp and Izx- DRICKS, Bovoral Republican newspapers in Illinois that admire Mr, WasanunNE as o man and o statesmnn, and would gladly support him ns the nominee of tho Republican Stato Con vention for Governor, aro slow to declaro in his favor for the reason announced by the Aledo Record in the following paragraph : At thelast election we supportod a candldate for Goveruor who, we bellevod, did not desire the offico, but aspired to another, and Intended to reslgn it he nuceecded, Subrequent events praved that e wero correct, ‘The Governor oloct was choson United States Benator and realgned soon after Lis inauguration, As & matter of principte, 18 it right to run n 1nan for ono offica when the probability fs that ho will not dls- chargs fts dutfes, but relinqutsh thom for the purpose of accepting another? e canmot think ft fs. Yot that s what would probably occur in case of Wasne BunNE Loing elected Governor, This is a serious mistako, No such ns- sumption is justified in Mr, Wasnnunsz's cnso, On the contrary, ho hns explicitly do- clared, both before and since his rosidence as Ministor in Paris, that he hns no desire to go to tho United Btates Sennte.: If nominated and elected Governorof this State, his friends arp warranted in tho agsertion that it will bo to servo tho people of this Stato in that capacity, and that he will not oven permit the use of his namo in connection with the United States Sonate. This fact should be an additional renson for his nomination, The Record is further restrained from advoeating AMr, Wasupunxe's candidature for Governor on account of his possiblo nomination for Pregident. This is n matter boyond the con- trol of Mr. Wasununye's frionds or the peo- plo of Illinois. It rests with the Republican party of the whole nation. If Mr. Wasx. nunne should bo subsequently nominated for tho Presidency by tho Natioual Convention, it would be the highest possible indorsement ‘which the Ropublicans of Iilinois could re- ceiva for their choico of him ns Governor? If not, then the present possibility of such an event should not preclude the people of Tlinois from having his scrvices as Governor. In other words, his acknowledged fitness for the Presidenoy includes his fitness for Gov- ornor of Mlinois, and ought to encourage the Illinois Republicans to nominate him for tho Intter position. The Democratic Convention in Pennsylva- nia has mado an acknowledgmont of its error in running after rag.babies and false gods lnst year. The Penusylvania Demoorats wero thon placed in tho embarrassing predicament of choosing between Mr, Bry ALtzN on the one hand, who was running a soft-money platform in Ohio, and tho obvious hard- money sontiment of Ponnsylvania, They choso to stand by Brun Arzex and abandon thoir principles, and both went down togoth. er. 'The Ponnsylvanin Democrats have not hazarded this experiment a second time, and this year, after declaring that tho Resumption act os it atands is inndequate and ought to bo ropealed (in which many Republicans agree with them), thoy passed the following sensi- blo resolution: 7. That gold and siiver are the only trne baata for the currency of the Republic, and that Congress ahould take such steps for the resnmption of specis. ents 08 will most surely and spoedily reach that reslt without destzoying the business intercats of the peopla. This is a very docided improvement; and, while the Convention decided not to indicato any Btate choice for the nomination at St. Louis, the adoption of this bard-money reso- lution is directly in favor of Tmory and against Henpriors, as well s against the Ohioinflationista. While noting this improve- mont, however, it is proper to say that the most diligent scrutiny of the platform of the Pennsylvania Democratahas failed to discover any declaration in favor of roforming tho tariff syatem of the country, notwithstand- mg the fact that rovenuo roform is one of tho bonsted purposos of tho Domooratio porty. How is this? Are the Pennsylvanin Democrats opposed to the Democratic party? They declaro in favor of hard money, though tho parly gonernlly is committed to soft money, and they tacitly approva the high tariff, though the party pretonds to favor frce trade. Is tho house again divided agninst itself? T — Mr, Conrravo's friends in New York so far provailed in tho Republican Convention of that Stato as to secure the passage of o com- plimentary resolution presenting his namo as their choice for the Prasidential nomination, though the dolegations to the National Convention wero not positively nsteucted to voto for him. This resolution will simply securo Mr, CoNrtivg a complimentary voto from the New York delegation, and nothing more. The notable lack of sentimont in favor of Mr, Conkring oulside of Now York warrants tho prodiction that this action of thoe Now York Convention has no partioular gignificance. Thero is ono circumsatance alone ‘which should provent Mr, CoNxring's nomina- tion for Prosidont, and that ia the hard fecl- ings in New York between Mr, CoNrLiNG's {friends and opponents, creating a division in the party of that State, #o far na he is con- corned, which would prabably lose New York to the Republicans if he wero nominnted. It will be wise for tho Republican ward clubs, while there isyet time, to scrutinize closely the list of clection judges appointed for ench ward. This list was mado up, a8 wo understand, by lonving the selection of judges for each ward in the hands of the Aldermen represcnting the ward. The Aldermen living in different parts of tho city were not com. petent to criticlsa the list as a whole, and the Republicans of ench precinet should examine it for themselves. There is yet time to securs the romoval of any man who may be notori- ously unfit to nct as judges or clerks, and an application to the Council to-night, or Mon. day night at tho latest, in caso of o changa in any of the judges being demanded by publio morality and decenoy, will scarcely be re. fused. 1o other words, Mayor Misow used money which the city bad sctuslly on hand to pay off its maturiog indobledness, In S0 dolng, the sggcegsts of oit indsbtodness was reduced by the smouni pald, Al the funds whick Mayor Maso¥ 1 aaid to have used i paying off tha * certifical lebt wers funds contrib. Payers wes oLligatod 1 the futich 0 payy-Vmten This extrsct plainly shows that the editor of the Times ls uttorly ignorant of what he is dis- ocussing, It {s false that *‘all the funds whbich Mayor MisoN is 8aid to have used in payiog oft the certificates of dobt wore funds contrib- uted by the city tax-payers and nos faods borrowed from gomebody elae.” The facta ate praclasly ihe revanies Thoss epecial funds which the clty officers wero forbid- den by 1aw to tauch consisted of the procsoda of thio sala of bonda which ware fsanod by virtue of logistative authority bofore the new Conatitntion camo fnto forco. Thoy wors funds which the tax-payera did not contributa ; they wore funda borrowed from somobody elao, to La topaid by the taz-payars of tha city twenty yoara thore- after. Tuoso funds wore taken Ly that Admin- iatration in violation of law, and used for current and miscellaneons exponses to the awmount of 21,144,180, and thry woro not ropaid whon that Administration wony out of oflico, It 1a thoro- foro false **that Mayor Masox ,used monoy which tho city had actually ou hand to pay oft its maturivg indebtodness.” It is not nocessary o multiply worde with tho Zimes ou this polut, 28 the facts aud the law aro of rocord aod spesk for themuetyes. ——— OLD OITY MATTERS. Ontoado, March 22, 1876.—1'he Hon. Joseph ediil— Dean Bin: T desira to reply brinfly to” your editorfal in this woroing's {seus entitlod ™ A Word witl Ex- Mayor MAtoN.? Th orjginal misstatements of which T complained have not been made good, and 1t §a conceded 1hat my ition in regurd to them is correct, My Adminie~ tration did not uriginate the certificaten of indobted- nosw, it left a amall amount outatanding, snd it 1a not true that the City Goveruments befora’ tho fira had apont §360,000 of ‘uncollacted taxos which naw figurod as part of the floating dobt of tho clty, and ian reat an such for five sears, drawn _finter And it s further sdmitted that your Adminiatration left oustanding certificates of jndobiedness to tho amount of $1,693,200,05, Dut you now say that this 1maue was rendored necearary to replaco the money 1llegally drawn oud spent frum the spocial funds by tho Adiministration of your predecessor, and that, if your Administration Lad rosorted to the illegal use of tho monieyn in tho apecial funds, it might liave uvolded, us its predecessor did, tho {ssue of cortificates, Lut, 1n fuct, your Admiufatration did make tho sams usg ©of tho Motoys fu the wpeclal funds, and wout out of vics lenving $1,203,607,45 due to tioso fuuds, which you lLave otnitted to mention, and this in addition to the above amounts of cortificates then outstand. ing. Thotruth in regard to loans from the special fuads, st 1 havo ouco befors shown, is shinply this : Tho ninounta loatied from them Wure borrowe:l to pay & part of the -xv“-mnrlmuu- ju ndvance of tho tases, which, whea collected, would repay the special fuids, Thile had loug Leen the eatablisued financial practico of the clty, which, by thus usiug temporarily its own funds, othorwisa idi0 In the Treasurs, saved a largo namount of intorcat, sl waa enabled to prosecuto ita public worku aud_incet its noceasary expenscs, In otlier words, the city, by thoaid of {ts speciu funds, discounted {is {ax-levy,” Tho custamn Lad been long 1u uso und with manifeat ndvautages, And iteertainly docs not tls fn your miouth to tind fauit with i, Your Adiministratios Justified it i your mes 18723 and your Admin oxactly the samo thing ; you go to (b Coucll of Dic. 3, tratlon went out of ofiice loav- ing $1,203,607,48 duo_the apecisl funds, and to b ro- placed from its own tax-fovy. Without noticing in Hotail other errors du_your odiforial, 1 submit tha fol- lowlug statement upon tho points in controversy, which I bellevo to bestrictly correct, and with this T Propoto (o close (its’ discussion s0 fax 341 sm con- cerned : MAYOR MASON'S ADMINLTAATION, DO, 1, 1871, Total certificates of indebtedness (Interoat~ bearing). ...$ 138,707.00 o Total othes ing).. 543,000.00 ‘Total foans from specfal funde.., + 1,144,160.00 a $1,830,803,00 AAYOR B 1, 1813, Total certificates of indebteuness (tutoreats beardn, it SE03,200.98 creat-boar- . 208,413.05 + 1,203,007,48 Total floating dobt and spoctal fund TORBS,ouetireeronsnner sunenanss o $H15T, 01045 Yours respectfuily, 1. Alaso, BEPLY, What s alloged as the *original misatate- mont " hag beon mado good, both by the record and by Mr. Masox's own confosaton. The Times altoged that **Mepiur's Administration juvented and put into oporation tho cortiticate of dobt." It was replied that cortificatos of debt wora fa- sued by Mayor Mason's Admluiatration, and Mr, M, admite tbat he issucd, and loft outstanding for his successor to pay, 188,707 cmm‘m of indebtedness, Here the controversy = might proporly havo stopped. Bat Mr, Mison pro- cosds to extond it, and to way that he did oot originate them. Woll, Tur Tninuxe ftem sgaiust which Lo oxhibits so much tompoer stated that ' Every Administration eloco 1865 bLas beeu obligod to make tomparary loans in an- ticipation of toxes. Novertheloss, it 18 trus that ho was the fiest Mayor who ls- sued cortificatos of indobteduess under tho present Coustitution, and that is the thing the Times was discussing., It i3 no more an answor to this allogation that tho num. bor fssued was small than was the girl'a excuse that the baby wss a vory littie ono. But Mr, MasoN thinks that he finds an anewer in the charge that bis succossor loft outstanding a largor amount of cortificates, viz.: #1,593,200. As Mr. Masox left & floating dobt still larger thaa this sum, the incroase of the certifloaton aro onslly acconntod for, And right hore is the propor placo to romark that it thore wore sny violation of the Constitution it was done inin curring thia floatiug dobt of nearly two milliona. ‘Tuo conetitutional inhibition is to creating tho dobt and not to proyiding means for the pay- ment of »logal dobt., Wo asaumed in 1872 that this flonting debt of 1871 had beon lawtally incarred. To {ssue cortificatos for the payment thoroof did not increaso tho dobt or liabilitiea of the city, If the Coustitution was not violated in cresting ond incurring that flonting dobt, noither was it violatea In paging it by the salo of cortificatos. Wo abnll not stop here to roargus the question of the fllegality of uslog cortain epoclal funds to ba expouded for gensral purposes. The law peromptorily forbldding such use wo havo pub- lished : it 18 plaiu and ompliatie, Whatevar may have been the provious practico, it was illogal, novortholess, * But, in fact,” says Mr, Misox, **your Administration did make the samo usc of the moneya in tho apecial funds, and wont out of ofico loaving $1,205,607 duo to those funds, which you have omittod to montion.” We ara a fittlo curious fo know whet special funds wors 8o flush as to boar drafts on thom to tho amouot of $1,205,007. Tho epeoial funds of which tho lsw prohibited the uee for general purposea wera tho water, tho achool tax, and the apecial mssossment fund. Thore stood to the crodit of thoso threo funds on the firat day of Decomboay, 1878, tho following amounts ; Water fund , Hehool bullding fu (it Hpocial sssassmient § 102,587 Toal, . 3 091,600 Casl on Band saine date. e Tn exceas of special funds, v eeeedd 120,308 Those were the only apeclal funds which the law required to Lo kept soparato angd forbado the nso of for gancral purpoecs. All tho othor funde might bo used as nooded for any purpose, Not & dolisr was due to those throe particular funda when that Adminlutration closed, Dut tho chargo is decoptive In another respoot. What it calls *‘wpacial fuads ™ Inctudes every ccodit to every fund, gonoral aa well as epecial, that utood on the books of the Comptrallor. It includes causl redamption money, genorsl fund, Library fund, various itoms to tho cradit of the differont sinking funds, eto., ote. Partloular care {a taken to snpproas the asuots which would off- ot tho claim of 81,205,607, or any part thereof. Thua {n addition to the 1,118,110 caah report- od by the Tresaurer fn his hands Doc, 1, 1873, thore woro alao tax cortificates of salos held on property forfeitod to tho city In 1873 to the amount of €529,460 ; sleo on redeomed cortifie catos of farfoitea proporty of 1872 of §54,707, ‘The wmount of taxea appoaled from the judgments obtained in August or Boptember, 1672 and 1878, and not paid by Dec. 1, 1873, we are not able st this moment to stato, but the grosa Bu was quito largo—perhapa exceeding belf & million, This doos not includs taxes which the Collector failed to colleat, chlefly personal property, The agzregate of thoso tax ftems oxoceds tho alleged ©1,205,607 by considerabls, Eight months ot the fiscal yoar 1878 were expired, and more than three-fourtlis of tho exceedingly heavy expendi. tures of that year had beon provided for, with. out recelving any sid from the ‘asseasment of thiat yoar's taxes, as none could ba colleoteq un- der the law 1n time tobo available, It wag a year thas made epormous domands for water aud sewer ostonslons, school-houses, police-atae tlons, engine-Liouses, and sdditiona to the Fire Departument, bridges, visduots, and other Pprois ing Notwithstanding all these heayy ex. penses, it the taxes of 1871 and 1874 could have been collected, and sx-Mayor Mason's legaoy of flosting dabs of $4,850,893 had bess Lath o aatng ono olse, thors would not have been & dollar of indobtedness whon his sucoossor's Adminiatry. tlon tarminated, but tuoro would have heen 5 anrplus of cash in the Treasury, —_——— A correepondont wauts to Lnow how map, yoara a forelgnor s to live In this country po. foro ho can bocomo a citizen. No person of 1op olgn birth can becomo a citizen of tho Uniteq Btates without a provions rosldenco in tyyy country of fivo yoars, Tho law raqulros a doelyy, ntion of intention to bocomo a citizan, and iy must procodo admisslon to citizenship two yoar, A parson roaching this country under 18 yonrg of ago eanbo admitted to citizenship afler gy, years, without provious declaration, e Anawer to s Dookkooper: If Jomny Suirg agreen to pay 81,000 on demand, and paya g1gg st tho ond of ons year, atthe end of two yearm, it the domand Is made, he will owo 81,100, Py, tial payments apply flrat on acorued fntoroat, PEBRRONAL Hyacinthe Is not coming to Amorlea for thy prosont. - Gon. Butler proposes—in Leap Yoar, too—ty ruu for Coogress, Myron W, Whitnoy, tho favorito bass-singy of Boutan, has roturned from his English toyy, Anthony Trollops says it fs much batter foy peanlo to road no novels than to resd novols ox. cluslvely. Senator Thurman's frionds are advisod to keyp thoir oyes skioned for & dayer two, and thyy wiil seo somothing drop. In Pondloton’s teatimony bofore the Cougrey. sional Committoo thero is an ! of s differency betweon tho Bowler hoirs aud Mrs. Bowar, Mz, Simonton, managor of the Now York As nsoctatod Press, will go to Ban Franciaco to hay his partners in the managoment of the Hulletly and Call, Lord Houglhton, at the Literary Fund dlony in London on tho 8th inat., apoke of Mr, Dany, tho proposed now BMinistor to England, sy bonor to his country, Mr. J. Lenthnl 8wifto, recently decoased, used to say that, when & child, ho bad heard a Bishop tell his fatlior that ha (the Bishop) had marrisd Dean Swift and Stells. Thackaray onco doaoribed a kiss of otiquelts 83 *'n kies which is liko tho contact of oysters* But a kiss not of etiquotto is like a rip in a yard af calico; you cau’¢ toll whoro it begins or ends, ‘When any editor of the New York Herald In. curs tho awful wrath of James Gordon Bannett Lo {8 banishied to the Telegram, aud when a Tel eqram man necda Bevoro punishment ha is mads personal editor of tho Herald, John Brongham has boon elected Proaidont of the Lotus Club in Now York to succesd Whits law Reid, whoso arduous duties—runniog the Tall Tower olovator—will prevent him from nuxing much in society during the Presldentis) year, Danfel Drow never did lend moneyto the Lord, as somo captious critics have assertod, Ho borrowoed of the Lord and pald Him the regular rates of intorest. Now Daniel Las do faulted in the Interost, and prapouca to fund his obligations in low coupon bonds—on the Alabams plan. ‘Tho Mikado of Japan allows journaliats tosesd whataver communications they may desfro from ono part of the Empire to the other. Whate convonjenco it would be now for the Chicaga nowspaper mon who are runnlog newspapers la Bt. Louls to *communicate” thelr washing Liome. Col, Nicholss Bmith (Ida Greeloy's husband) has o clover article in the Galaxy on the incone venlence of boing named * Bmith,” in which he givea us some now and amusing variations on sa ancient thome. He endeavors to consols blm melf and his vast family by doriviog tho name from Shem, throngh tho following monia changos : Bhom, Shomit, Bhmit, Bmith, Edward King, an American jonrnalist of some prominence, obtained his newspaper education in tho office of the Springfield Republican, liks many o good mao bofore him, He has recently been writing lettera from Paria to the Now York Post, but is nowon his way to Boston for ths puepona of making final arrangementa t0 sct a8 corosponaent of the Journalof that ity at the Centennial Exposition. F. A, Doclorsy, tho Bpanish martyr, has re. turncd to Connoctrout, his native land, He causod himsolt to be srrested in Hartford the other day, for the purposo, it is alleged, of ob~ taining froe transportation to Fiorids, whence the complsint purported to bo derived. The United Btatos Court refused to hslp him ouk Dockersy will do—for a modern martyr ; 1 olden times thoy bucned such martyrs ss he—witha whip ata cart’s Lail, Whon Mark Twaln was about to marry, and his propossd (athoer-in-law asked bim for a chare acter, he eald: “Iguoss Ican give yousome namea that will matisly you, Now, thera's Mr QGoodman, of the Terrilorial Enterprise. And there's 3Mr. Froderick McCrellish, of the Alla Californta, You write to them. I gueas they'll givo me agood character. I guessthey will lte for mo. I'vodons the same for them whonover & requieition has been made upon ma* Dat Mark marriod the girl notwithstanding. Ar. Shillaber, tho *Mrs. Partington® of common famo, has been visiied by a 8nan Frane ciaco roporter, who found in him au old geatie- man with white hair, 77 years of age, *In the Interviow he atated that he begen writing Mra Partingion'a esyiugs by accident. Bemng soe gaged on o newspaper in 1847 he happensd to ineert & quizzical romark, attributing it to Mre. Partiogton, the title belng borrowed from Syd- noy Bmith's cuaracter of that name, He sid that whoa his sayings wers collated and pube lishod ho had no iden of the groat succeas that the book would mest with, and was surprised st tho avidity with which it waa taken, The boy *Iko’' hestatad to be = varitable character—ia faot Lis own son,"” A Europesn correspondent thus writes of Btrauss, the composer of dance musia; **llels 88 Dervous as a composor Aa ho 1s aa a dircctor Olad in & volvet costumo, with patent leather boote reaching to hia knaoes, eyes aflawe, and i3 a fit of inapiration, he goos striding throngh the bouse like & manjso, If foupiration does not come to him in tho sulon ho clutches his papers and goos to his bedroom or to lus wifu's boudolr. Sometimes tho waliz begnn in tho parlor ia fio ished In the Lkitchen. Frau Btrauss, whosp preoiates and undorstands her John's babits has half o dozen pisnos scattered through tbe house, and {n each room a tablo with writiog materials, o that In whatever nook bher Hert findn himsolf ho is quito at home, It wes only through hor influence that he was induced to us- dertake dramatio work.” HOTEL ARRIVALA, Parmer Iouse—A, G, Bolden, Princeton, 11,; B I Townsend, New Haven; O. Savorance, Middleburly Vii A F, Jackion, Marsollios, LlL; R, Orsvglte ‘Wheellng; A, T, Heeley, Yorkvillo; Btanford Nowell Minnesots ; 1f, Monett, Oolumbus, 0.; ¥, Low, ¢ Honry Lyons, 8t, Louls; E. A, Turner, New \xv’l. T, - xu"“' nu‘m Grand PMWE mwm, Philadolglint W, D, Sluck, Tdile Rocki B I Warren, Tolodo; il J. ltogers, Appleton, Wit.! J. B, Rice, Kausas : 8, T, Burnos, oie; 3 T e S0 Fueland; G, X, ouston, Deloits K. L, Throibéty Dugton 1 3. G, ficolt, 8, Louis] L4 Dodd, Merides, Ot.t 1, b ifatsn, Duffaio; D, . Palllips, ByFiss R:':\"n, fremond’ llouge—oal, 11, ¥.”Oruie | HSE tlio "Hon. 1homas Wightman, Piltubura; Wil Chiariea Francis. Adsm, Jfa ball, Muskegon; thoe Lon, P W._Bavarauce, Aurors i Wia.: E, H, Osborn, Oregon | Larott, New York; O. H. , Alllwaukes, gherman House~Ttlo lon, J. 8, Widrup, Delvider Peter Pulde, New York : Gol. 0. A, Boutos, the Hon. W, B, Drooks, Jollit; ¥, K. 0Ttk i P, 8, Honry, Now York; A. Hopfer, No# York;' Bames Kleln, Novads, GoLi P. J, ‘Tormeh Boston: General J, ¥, Purnaworth, s, Cliariss; B, Dv Oaldwell, Bochester ; tho Hon, J, M, Bell, Mansfsldy Obio,..." Gardner Houss—J, I, Wakateld, Bt. Paut} W, A. Biscle, Balimore 1 £, B.and 8, J, Puller, Dot 103§ D, 0. Van Ostrand and iteary ‘hiryy, Nesotly v-‘." ho‘floou lnd"ni? Now !nr:‘hu‘m' Nl""”' 81 Lol 1, G Aildar, Milwacizee ) B 25 Vo Dl