Chicago Daily Tribune Newspaper, April 3, 1876, Page 4

B i ) 4 'TERMS OF THE TRIBUNE, KATPS OF NURBORIPTION (PAYARLX TN ADVANCE). April and 84c for May. Ry wna quict, at G0o. DBarley wos active and jo higher, closing t G0o for April and 6lo for May. Hogs wero in active domand end wore firm, ot $8.00@8.75. Most of the trading wasat $8,10@8.85. Tho cattlo markot wos quiot and unchangoed, at $3.60@5.50 for common tocholca, Bhoop were in domand, at $5.00@ 6.76. Ono hundrod dollars in gold would allod lda:‘- roUn WERXS for. By I TA-We Parts of yosr at same rate. ‘WEEXLY EDITION, POSTFAID. L POT FBAT,. . o gf:'g%:imgg !5§ buy $118.62} in greenbacks at the close. The portage s 15 centa & Fear, ‘Bropar. e e Bpectmen copies sent froe. From a Now York dispatch published in To prevent delay and mistakes, be wure and xiva Post~ ©ffics addrom ta fall, inclnding Btate and Coanty. Remittanoes may be made oither by draft, expresy Poat.Offios erder, or In rogistered lotters, at onr riak. TRANS 0 CITY SUDSCIUBERS. Daly, delivered, Bunday excapted, 20 cents per woek, Pally, delivered, Bundsy inclnded 30 cente pet yeeks drees R TRINUNE COMPARY, A Gorer me;?gn 'Doarbornats., Ohloago 1k —m another column, it will bo mcen that the Brooklyn scandal has agsumed a now and se« rlous shape, and one that ia sorely parplexing {o Mr. Brgonzn and his frionds, The Plym- outh Committeo rocognize tho fact that they must goon admit and dispose of tho afidavits of Mrs, Baapsnaw and Mra. Bromanps prof. forod by Mr., Bowex in proof of his chargo that Mra. Toron confossed to thoso Indies her reponted ndulteries with Mr. Beromes. This testimony has boen excluded by tho Committeo on the ground of ita irrclovancy to Mr, Bowex's porsonal chargos, but when the Committee pass to tho Tir- Tox part of Mr. Bowex's presentment ogainst Mr, Dreones theso afiidavits must bo xacelved and met, and it fs said that the Committee have already dacidod to adopt alino of policy no loss dosperate than the doclnration that *Mrs, Truron must have boen insano whon sho mado theso confes- sions!” Tho situation fs rendored still more sorious by the knowledge that the Andover movement s taking a formidablo shape, ar- rangements having recontly boon perfeotod for tho appoamnco of Mr, and Alrs, Mour- ToN, Mra. Brapsmaw, Mr. and Mm. Riom- Anpa beforo tho Mutual Council to bo called by Andoer, theso witnesses having peremp- torily declmed to testify or bring charges ‘boforo the Advisory Council's Commission. Thero is no chance for a plea of insanity hero, wherefore Plymonth's porplexity, . AMUSEMENTS. . ROOLEY'S THEATRE-—Randoiph stroet, betwosn mka and LaSalle. The Olll!flmllplhflnllx&l. MOVIOKEN'S THEATRE—Madlson streot, betwsen g&-mm And Blale, ** Lesp-Yoar { or, The Ladias’ o ‘WOOD'S MUSEUM—Monros siroet, between Deare born and State. Aftarnoon, " The Drunkard,” Even- Ing, * Roving Jeck," ADELPHT THEATRE—Desrborn streof, cornor Monros. * Quitp.” MoCOORMICK HALL—North Olark strect, corner of Kinsle, Lecture by Thoodore Tion, = Subjects *¢ The Humsn Mind.” The Ghivaga Tribare, Monday Morning, April 3, 1876, At the New York, Exchango on Saturday greenbacka wore quotod at 87% conts. A tompting bait to tho Home-Rulers to sup- port tho bill for tho magnifying of Vioronu's iitular grandouris thrown out by tho Govern- xent. It is to bo tacitly undoratood that if sho membors from Ireland do the squaro Jhing by tho Royal Titles bill, all the Fenian prisoners, including those sentenced by mili- taty court-martial, shall be pardoned and re- easod. ‘Tho Iargest contraction of tho currency ever known in any ono month undor the pro- visions of the Banking net of Juno 20, 1874, ocourred during the month of March just closed. Tho deposit of groenbacks by No~ tional. Banks for the withdrawal of bonds and the surrendor of ciroulation amonnted to 136,804,000, Treasurer New, who is good au. thority on National Bank matters, estimates that, during the remaining nine months of the year 1876, the contraction of tho curron. ty from this cause will be ovar $100,000,000. THE CORTINUED HARD TIMES, Thoughtful men anxiously inquire, ono of tho other, why it is that the dopression coused by the panio of 1878 continues, and why it is that trade and production and goneral busi- ness do not rovive. Evon n year ago thoro wos, scemingly, o better promise than is now offered for a ronowal of the activity which onco was general. The nation is an aggrega- tion of individuals, and though individunl cases moy find oxplanation in partioular cnuses, tho condition of tho whols conntry is that of tho various communitics and peoplo who aro its conatituents. Individual aswell 18 the nggregate wolfare is dopendent on the product of labor, When each man produces all that ho nceds for consumption, and no more, there is comparativa easo, but no prog- ross; when any part of the community, howaovar, fails to produce enongh to mest its consumption, and has to be supplied out of the productions of others, thon theroia pri- vation snd pauperism, Failure to produco may result from either of two causos: First, voluntary idloness, preferring pauperism to labor, which, howover, has never yet been oxhibited to any serious extent in this coun- try ; and, socond, enforced idlencss, tho result of a want of demand for tho products of labor, The productive labor of the United Btates is of threo kinda: Tirst, that engagod in agricultors and its kindred pursuits. This produces food, including all manner of broadstufls, with tho wholo rangae of provisions, from tho beef on foot to the manufactured articles of mess pork, lard, and choose. This sarhe labor also pro- duoos the groat staples of cotton and tobacco, and tho raw material from which ia produced the winca and the spirituons and fermonted liquors, Tha sccond class of productive la- bor is that engaged in mining, including tho production of coal and petroloum. Theso two classes of American labor annually pro- duco not ouly all that is needed of theirseveral products to supply tho demandsof the Ameri- can people, but they produco a large nunual surplus, This surplus of breadstuffs and provisions, of cotton and tobacco, of petro- loum, gold, and silver, thay soll to othor peo- ples and countrics, and the procecds nre add. od to tho aggregate national wenlth, and mark tho progressive increass in thosoe classes of Americar industry., But tho third class of productive labor is differently circumstaneed. Naturo has provided the American manufac- taror with many special advantages. She has suppliod him with an abundance of compara. tivaly chonp food. She has furnished him with inoxhaustible deposits of fuel, and of iron, lead, ond copper. She has furnished him with a greater variety and moro abund- ant supply of all the raw materinls of which to manufactura goods than has beon furnished any othor country., Nature has been lavish of her gifta. At the door of tho cotton-mill is grown the cotton for the cloth, the food for tho operative, and in close proximity is an abundanco of fucl nnd of ores, 'The water power of the coun- try is unequaled; the means of chonp trans- portation, both of material and of finished fabrics, aro goneral, ‘Thero is no reason why the Unitod States should not produco every varioty of manufactured goods and wares as well and as chenply a8 any country on the fuco of tho globo, DBut the manufacturing broneh of Amorican industry is wsubjected to an enforced idleness, aud consequont unpro- ductivencss, Under the stimulus of high bounties or a protective tariff, the means of manufacturing havo been largely devoloped in this country. ‘Wo have opencd mines eapable of producing many times the amount of conl, of iron, and of coppor, that s nceded; tho result is, the coal, iron, and copper ines aro only worked a part of tho year. Wohave mills, and ma- chinery, and faroaces, and all manner of ap- pliances for producing many times the amount of cotton, woolen, iron, steol, glogs, orackery, ailk, leather, paper, and all mouner of other manufactures, that is consumed or con find a market in tho United States; con. sequently theso mills, and furnaces, and mo- chinery, have tho capacity to produce as large (if not much larger) & purplus, after tupply. ing tho home domand, as is produced by tho farmers, planters, and the miners. This surpluy production, liko that of petrolenm, cotton, and breadstuffs, might bo sold to other countries and peoples, adding to the national wealth, and marking the progress of the mun. ufecturing industry in this country, But hercin comen tk~ difficulty peculiar,to the United Stutos, The Americon manu- facturer cannot export. Relying on the protection of the law, he mnannfaotures ex- clusively for tho home wnrket. His ous- tomers aro limited. ‘I'he places whorein ho moy Bell his goods are limited by the national boundaries. Unlike the farmer and planter, ho oan produce 10 surplus, or, if he dows, ho has uo customers to whom he can soll it. Homust run his machinery on Lalf time, must dlschargo his laborers, must compote with other men who have produced moro than they can soll, and must, to got xid of Lis wares, sell ot a loss, - ‘Tho productive jndustry of the country is, Following Ronent Corrren and the Rov. Mr. Cmamvenray making speeches at o ward moeting, comes the Rev. Dr. Ryprn, of 3t. Paul Universalist Church, with an excol- lent sermon on * Qur City Govornment.” As » matter of courso ho doosn’t liko it, nor docs bo liko tho causes which led to it, and tho stata of things which will perpetuate it or zive us another just like it unless our citi- rens becomo awake to the porils and infqui- lics of the hour. Itis a timely, sound ser- mon, such 03 proachers should preach and renders should read. Attornoy-Goneral Premnzront's name is connectod with o subject of investigation ‘which dates back to 1805, whon he was the attornoy of Marsmaryn O. Ronents, of Naow York, Tho charge is.that, in this capocity, Judge Pienurront effected the ealo of two steamers to the Government for $600,000 worth not mora than $75,000. It is said that Gen. Mues, Quartermastor-General, protestod against the purchasaof tho vessols, nud big testimony is relicd on as tho ontor- ing wedgo to tho developmont of anothor great seandal, in which the distribution of the purchase-money is expected to figure eonspicuously. Ir is claimed by the friends of Gov. Axes, of Mississippi, that his rosignation pending tho impeachmont proccedings waa tonderod solely withn viow to saving for himself the political futuro which would havo been im- possiblo if tho strictly partisan programmo hiod beon carried out and ho hiad been voted guilty by his Democratic inquisitors. Buch undoubtedly was the causo of Gov. Anes’ resiguation, tho acceptance of which was o tacit confession that political malico nlone in- citod tho prosecution ogainst him, and that 1ho control of thd Stato Government and not tho punishment of afficial “ eriraes snd mis. demeonnors " was tho aim of the White-Liners. A Lint of consequence for tax-paycrs to act apon to-morrow : The judges who are to ro- scivo and count tho ballota cast at the Town slections will bo chosen at the Town Meoting, which will be called to ordor nt half-past 7 o'clock Tuogdny morning. This fact is well known to the repentors and bummers, who will turn out'enrly aud in Inrge numbers in order to tako posscssion of the meoting and control tho appointment of the auxiliary judges of eclection; and in this they will uu. «questionably succecd unless the tax-payers nnd respeotable voters are promptly on hand et tho carly morning meeting in numbers sufliciont to shapo the proceedings, 'This dong, the work of the Dallot-Box Guards later in the day will be greatly reduced and facili- tated. It is o matter which should not be meglocted, Thnt Kontucky *hog atory,” which the Cincinnati Enquirer resurrccted aftor it bad been docently interrod, is onco moro burled, this time, it may Le supposed, too decp to bo over dug up oither by tho whisky-thieves or by tho Democratio orpans anxious to pro- vent Sccrotary Buigrow's nomination at Cin- cinuati. Tsu Reeves, au old Kontucky farm. or and applo-jack diatiller, mnch given to brag when ** under tho influerice,” was the author of the silly yarn, which he had folt sorry for when he got sobor, and had alrondy explicitly donled, when the Ena- quirer corrospondent got hold of him and pumped It out again *between dwinks,” Pbe bibulous Isaac, mournfully mindful of his besotting woaknoss, und auxious to mako smonds for the mischief done whoen overy- thing about him was tight but his tonguo, hus mads au afiidavit covering the wholo ground, oud completely clearing up tho mattor, The Loulsville Commerelal is ontitled to tho credit of exploding the &nguirer's viclous hoax, The Clicago produce markets were rather #low on Buturday, Moss pork was dull and 100 por brl lower, closing at $22,35 cash and $u2.66@22.07) scller Moy, Lard was quiet end esder, closing at $18,82}@18,85 cash end $14.00@14.02) for May. Meats were «quict and unchanged, at 8§o for bozed shoul. dery, 124c for do short ribs, and 12Ja for do &hort clears, Highwines wero quiet and firm, 8t $1.07 ppr gallon, Flour was quiot and etondy. Wheot, was qulet, and closed }o lower, at $1.02} for April and $1.063 for Moy, Corn wasless aotive and easier, clos. | Ingat 46}o for April and 49¢ for May, Oats ‘were quict and i_o lower, closing at 82§o for - manufacturing productors of the country ought to have as largo a surplus to annually capital alarmod, and no prospect of romodial legislation, there can bo no revival of indus- tha liberties of producing o surplus, and com- pelled to cke out a starveling living by selling its prodacts in a market alrendy - stocked bo- yond tho capacity to consume. This labor ond capital shonld bo emancipated. The mills, and furnaces, and machinory should bo put in continuous operation; Iabor in the minosand at tho loom shdnld bo rogular and continual ; we should bo selling manufactures abroad by the hundreds of millions annually. ‘Wo should be working with both hands in- stond of one. Until this liberty is conceded, ‘wo must grope and wait, for tho current expenses in excess of what can bo collectod. Whilo this testimonial would be complimontary to tho powor of worthy source, it loses much of its valuo, though none of its venom, from the fact that itis not true. Tho impairment of the city's crodit is not owing to anything Tne Tnivnye has eaid, nor anything that has been have been going on for two yoars, would fai} utterly to doceive the capitalists of Now York, Boston, and other Eastorn cities as to tho truth. Steam and lightning have brought the great cities as near togethor ns Ohicago and Hydo Park, Tho mon in New York or Boston who are invosting their money in Chieago socurities aro just as woell informed of the condition of Chicago finances and tho charncter of our City Government a8 if thoy lived in Chicago. 'Fhoy are not simpletons, snd do not send out thoir money without aclose oxamination of tho probabilities of its roturn at the timo specified in the contract. They know nas woll ‘as Chicago nowspapars that tho certificates, instead of being paid a8 ngreed upon, are renewed, and that the volume of tho issuo is constantly and rapidly incropsing, tax-lovy for the current yearis in cxceus of tho sarplus resources of tho tax-payors, and that the consoquonce will be another do- ficioncy in tho collections and a correspond- ing addition to tho amount of outstanding cortificates, ment of municipal affaire must in the end be ns disnstrous ns a similar manngement of privato offairs, and that, sooner or later, some of the creditors must suffor for it, cither in vanced, or in serious delay and the cost of litigation, tho tax-thieves’ organ advocatas, to say noth- ing of ita immorality, would fail lamontably in its purpose. veri—is not the casontisl thing to an imn- provement in Chicago finances. cngo pross might bo as closo as a clam about tho abuses, or it might pjoture tho ofiicial bummerism in the most glowing culors, or it might muntain that Mr, CoLviy is holding tho offico of Mayor boyond his term at tho earnest solicitation of tho tax-payers, or it THE CHICAGO TRIBUNE: MONDAY, APRIL 3, 1874, therefors, Iaboring with ons hand ted, dls. ablod, and half tho timo paralyzed. Bo great was tho ovorprodnotion of the mines and furnacos of Ponnsylvanla, which in 1875 hod only beon worked fo half tholr eapacity, that on the 1st of January, 1876, thoro wero in that Stato 75,000 skillod labor- cora ont of worlk, and had boon out of work for months, Each of theso men representod a family averaging five porsons. Ho there ‘wore not far from half a million of persons subjocted to enforced idlencas, wani, and poverty, because of the law which limita manufacturos to the wanta of tho home markot. As in Pennsylvania, g0 in Ohio, ond in nll tho mannfecturing Statos, The markot being limited, the employmont of labor is limited; invested capital has limited rotarns, and the country has an unsalablo gurplus of products in excoss of the con. sumption. To comprohend how disnatrous and ruin- ous this limitation of production is upon manufactures, it is only nocessary to ask what would bo the offcct of a similar law upon agricultural products. Imagino the production of corn, cotton, tobacco, potro- loum, breadstuffs, and provisiona arbitrarily roduced to moot local domands, and it o surplus bo raised to have it rot and porish for want of male or persons to use it. Tho export as is now exported of tho products of the farm; but, instend of that, laboring undor the ban of tho law, thoy can only produce for the homo markot, leaving probably a million of laborers, with their families, unemployed, or working only at half or ono-third timo, ‘With a depreciated curroncy, with an un. sottled, uncertain, and fluctunting monetary standard, with confidenco weakened, with try, no permanont restoration of prosperity, no progressive gain of wealth, whilo ono branch of the productiva capital and Inbor of the country is limited and restrained, donied THE REAY, MURICIPAL TROUBLE, The official organ of the Chicago ring of tax.eaters attests its appreciation of the in- fluenco of Trr Omicaco Temune by charg- ing that tho impairment of tho city's crodit, 08 siown by Comptroller Hares' difficulty in borrowing money in Now York on cortificates of indobtednoss, is all owing to tho attacks wo hava mado on tho continued practice of renowing cortificates for which the taxes have long sinco beon lost, of purporting to issue thom under a charter that no longer governs the city, and of appropriating monoy Tue TRIDUNE if it camo from & more truat- said by any other newspaper or porson, but to the reckless and vicious managoment of tho city's affairs by the Mayor and Common Oouncil, which has rocoived support only from the tax-caters’ organ. It is folly to suppose that this condition of things could have been concealod. A solomn compact nmong all tho nowspapors to suppress tho facts, and favorably misrepresent tho oficinl shuses and profligate waste of money that Thoy know that the They know that this mansge. tho nctual loss of the monoys they havo nd- The policy of decoption which The silonce of the pross—tho suppressio The Chi- might compare our Common Council to the TRoman Benats, and extol tho individunl Aldermen ns tho purest of patriots,—all would not avail. The bankers of Now York would know all these to bo lies, as wol) as tho bankers of Chicago, There ia but ono Poper in Ohicago, fortunately, which has consentod to this diereputable course, and it is forced to ndmit its tailure ; it hiaa carned ita part of the tax-cating (which conslsts of the oftlcinl printing) by this prostitution of its columns, but the motive hias been s ap- parent a4 tho decoption, and tho failure is attested by its own confession, ‘The credit of the Oity of Olieago can only bo revived by tho samo procoss as would bo nacessary to restore thoe failing credit of n fowily who Lad been living boyond their means and had been plundered by thuir syents. These plundering sgonts must give way, and the munfcipality must bo confined in its expenditures to the ability of the tax. payers to pay without opprossion, If this shall not bo done, the timo is not far distant when tho Oity of Chicago will be unablo to borrow money on any terms, and will have to confess itself a bankrupt. But if the changu, is made now, & very few years will suflloo to Mr, Stonns has given to the press ss an im- peachment of the testimony of Brry beforo the Orymen Committco, not only does not impeach but rathor strengthous that tosti- mony, bo nocepted s conclusive proof that Benn did not as a paid spy for Bancook upon Dis. trict-Attornoy Dyen, and did, beforo the trinl, communicate to Bancoox's counsel, ap- parently to Sronns himsolf, what he (Bery) spled out of the Govorument's caso against Bancock. The offidavit, unmistakably, is simply Bery's report to Bancoox's counsel of his oporations in this nefarions employmont, DBru's oath to it was manifestly extorted o a olincher upon ki testimony in case ho shounld Lo called ns a witnoss for Baucocx to eatab- Dlish the ‘“gigantio conspiracy” of which, us his counscl at every stago of tho caso o- clarad, Bancoox way the vietim. The fact that Beiu's oath to the.roport of what he had spled out and might bo called to testify to was exacted, is, too, significant proof that tho character of tho man hired to do the dirty work way further purposo in having Beur mako affida. vitto his report of what he spled out is discornible, to the insinuations of o BmisTow conspiracy through Bancacr to strike at the Prosident; ond, by so much moro, we3 cunningly con. trived for oficot upon the Prosident, in Bas- cock's jutorest, Brru bas displayed alto- gothor too much cunning to admit of tho assumption that ho was such a preposterous fool s to furnish such information to Ban- cocx without pay, or that he would have mado aftidavit to o statemont so dameging to himuel? and lot it go out of his own posses- sion excopt that it pald Lim to do it. His cxperionce ns o spy and detective abuolutely precludos the possibility of his having been guilty of such suicidal folly, therefore, which Mr, Bronns gives out ns ex- ploding utterly Bzur's testimony, with the fact that the affidavit was in Brorns' posses. sion, and that tho defonso was upon the hypothesis advancod in it, establishes that Trrv's testimony beforo the Committos g4 to s cuployment as o spy upon the Distriot. liquidate the floating indebtedness, and (un- dor tho conatitntional Jimitation of bonded dobt) place the oredit of Oliongo higher in the realo than that of any other large city in the country. But the reform must be imme. diato, comprohonsive, radical. The policy of usurpation must be abandoned. Bummerism mus! be rologated to tho alleys and slums; tho usurper, those rotire, eince ho has mot tho decency to do it of his own motion. To accomplish this itis necessary that a Conncil shall be chosen with suffiofent pluck and patriotism to declare tho vacanoy that exista in the Mayor's office, and fill it with the most competont of their own number, From that moment tho polioy of rotrenchment must bo inangurated in every branch of tho service, must be mado to roduce their cmployes to tho smallest number, and save money wherever it is possible. Instead of a deficiency thero must boa surplus from tho taxes of the cur- ront year, It s not moocssary to await tho reduction in noxt year's appropriations; tho spproprintions of this year must be saved in Inrge part. Tho cholce of an honest Counoil 15 tho only way in which this reform can bo attained, and this can only be' accomplished by the offoris of tho respoctable people at tho polls in their own bohalf, in every way as onrnost and onorgoetio as at tho eloction of last fall. Thisis a siarting.point to lead to an improvement of the city crodit, as the ropresontative of two ovils, must ba forced tfo All the departments THE BILVER COINAGE. ‘Wa print another articls from **H." on the silver curroncy question. We have no ques- tion of tho sincority of our corrcspondent. ‘Wo objoct to the ncouracy and justico of his conclusions. issuo $42,000,000 of silver to rodeem tho fractional curroncy. ono. depreciated currency for another. As tho fractionals have to be constantly renowed, it is beginning to assume a cost that oven- tually will excoed the cost of silver with which thoy may be redeomed. The Govorn- mont will probably save a large percontago on the coinage, and tlic business of rodemp- tion will bo finished. 8o far wo think silver coinsge may go because a tokon currency of some kind is necessary, and silvor is cloanor and better than paper. Tho Governmoent proposcs to 1t is tho pubstitution of But our correspondent wants the Govern- ment to go further ond coin silver with which to redeom tho public debt of all kinda. The Government has no silver of its own except 8 few millions, and must purchase what it uses. Ilow is it to get hundreds of millions of silver? It must buy it with bonds, thereby increasing the public debt. It cannot buy silvor with silver bonds, because thero is no foreign market for such bonds, but must issue gold bonds. Our correspondont thinks that, by making silvernlogal-tondornow, it canbo hon- estly oud foirly used to redeem bonds payablo in * coin,” issued at a timo when the only coin known to tho Iaw ns o legal-tender ovar 85 was gold. Why not anything elsa? Thorae is no doubt that Congress can mako silver o logal-tendor, but can it be mnde a legal-tonder for debts contracted to be paid in somothing clsa? But, waiving that ques- tion, wo roturn to tho othor, How is the Gov- ernment to got the silver? If it scll gold bonds for silver, then tho debt remsins un- diminished. As tho silver is now worth loss than greenback dollars, it will purchase loss dobt than can be purchased with groenback dollars, so that, if the Govorn- ment is to purchaso tho outstanding debt in doprecinted money, it lind bettor employ the paper. To issue gold bonds in exchange for silver, and then employ tho silver to purchase bonds, silver being steadily on the decling, will inercnsoe tho debt instend of reducing it. ‘We cannot sharo our correspondont's antici- pations that the adoption of a silver coinngo o8 o standard of values will produca botter times or greater prospority. stitution of n silver coinage worth at prosont 84 conts for a paper ocurrcncy worth 87 conts in to make times botter, or ndd to tho gonoral prosperity, is ono of those in- tricato oparations ouly cloar to tho men who fail to understond the ordinary laws of finnnco, How the sub. Tho coinago of forty millions of silver tokens will furnish the country with the our- renoy for small transnctions. final, and there is no troubls about redemp- tion, But, beyond that, tho Governniout had botter not go into tho coinnge of silver, whoso value is declining, and will continuo to dedline for a long time to come. Its issue is BELL'S ATFIDAVIT, The afidavit of tho dotective Bery, which Deospita Mr., Bronns’ donial, it must exactly appraciated. A 1t added the weight of hia onth The- aflidavit, Attornoy, and to surreptitionsly obtain the testimony ngainst Bascoox, is undoubtedly true, Neither do tho statoments In the afidavit contradiot in any essential, on the oontrary thoy corroborate, his testimony befors the was employed to forrst out tho * gigantio conspiracy ” agninst Basooog, and through ho carofully jotted down fragmentary conver~ pations of Drzn, which tho Iattor in tho main confirms, and referencos to * partios nt Wash. ington,” which he stole from Dyer and Hew. Dxason’a conversation and from ono of Bars- row's dispatehes, and, without knowing what conspiracy, Tho fact that aftor theso woro submitted to Banooox’s oounsel they found proof of any such conspiracy, showa conld rako up, and as guch were by him, in ‘pursnanco of his contract for the dirty work, submitted to Bancaox's counsol. Altogather, offidavit establishing that Bera's sorvicos woro mndo uso of ag a spy for Bancook, and with the corroboration tho afidavit itself affords of Brrr's testimony before the Com- mittee, the public will bo more than ever in Bery's testimony, and with lively intorest will awalt the fatching to light of the whelo +was commissioned a8 & Government official to stenl testimony from the Distriot-Attor. noy's offlco. Centennial year by n deed of benevolenco which will mako her 1ifo beautiful with tho gratitudo of the sick and suffering and hor momory fresh and lovely in all the yoars to coma. practical and timely in thot she has made hor donation ontright during her life-time, so that no litigation of onvions heirs ean dis- turb it, ond it is all the more benutiful in ness of venality, frand, and corruption which Envy will not quostion it. Rumor and gos- sip will pasait by without stopping to soil its moroy or taunt ita goodness. It is not only Now York Hospital the fino proporty on tho thoso healing balms which Nature brings to pital wero alroady trying to deviso some plan by which thoy could eatablish somo branch of tho Iospital outside of the munioi. pal limits, whoro convalesconts might recover mer idlers and loungers and buttorflies of rosort, and may mourn the transformation with some smnll elogant grief, but there are ond fulfill tho olaborate dutiesof otiquetto and nonsenso, fashion, but only saw the pallid faces bloom- ing sgnin, and the wastod forms reouporating and gaining now strength under influcnces which thoy conld not hopo to have pent up behind the brick and stone, and oxposed to jdloness, gilt, and gowgaws, aud all the flummery of society, out of lor proporty, as pain, and to tho rostoration of the sick, which s not only tho highest form of bonev- olence, but tho highost, purcst, and best form of religion, For *tho grontest of thoso is charity." Chriatinn lady i a celobration of this Conton- nial year not only touching and tendor, but grandly human and boneflcont. Thore will be ‘mnny other colebrations. will have ita gront Exhibitlon, and all the world will flock to its doors, A fow short months and it will ba over, ovations, and povms, ond songs., They will havo a little life of - fame and then go to tho n fuss and flurry of patriotlsm, firing of guns, blowing of trumpots, - ringing flags, but they will come and go and leave no sign behind, and, when the yoar haa passed combe, and popular buried with it, lowever, docs not end with the year that It hardly gives hint of its futuro boauty and tho coming yenrs, brondeniug and incronsing its humane influonces and spreading its bloss- Committes. Tho affidavit simply dstails how ho wormed into tho partial confidence of Dis- trict-Attornoy Drxzn to botray it, as he was paid to do, whioh ho told the Committeo. Ho almost its entiry product of silver during the lnst fiftéen yoars? Aoro than 980,000,000 was exported Inst year. It {s going out of {ho country now at tha rate of §2,000,000 or 8,000,000 o month, No matter how much silver may docline in value per ounce, it will continue to be exported and sold for whatever it faworth oa bullion, If it shonld fall to the value of coppor or lead por pound, it wounld still bo exported for tho purchase of goods, and no Ponnsylvania * tariff for protection with inoldental revenuo” can prevemt it. Tho Gazetls makos nnother sbsurd nssortion whon it doclares that it is porfeotly casy to rosnmo with silver. Tho Government has $418,000,000 of gresnbacks nnd fractionals outstanding, How Ia it to got tho gold to ro- doom this mnss of paper? By donbling tho taxes or by molling bonds for silver. Joot aa that of the spproaching nominations ang eleotion for Govarnor should bo neglectad by our sovoral thousand voluntoor eorrospondents Durdonod as wo ate with a plothora of thia soy of litoraturs, it is cortaloly foolish to suspagt ua of contributing farther to our own labors, and wo sssure the small fry among the newsps, pora that they havo 8 monopoly of manufagtun ing tholr own communtoations, him againat the President, if any such exiat- od. Failing to discover any such conspiracy, —————ee The poopls of Bt. Louls have long suspsetog hat a part of tholr Common Counoll was com. posod of common soomusrols, who made (hels living by bribery and blackmall. The Grang Jury bave got afier tho piratos, and caught say. eral of thom. The Bt. Louls Globs of Baturday has the following ¢ - Beveral indlolmeats u-llnfl Oounellmen and city of 1 charged with bribery perjury, wars re, surnod yosterday, and some a the end 18 not yet, Tha Oity ne 1 ‘ono of the mos} oorruph publio bodisy thoy meant, put together as * proofa” of that thom too flimsy to support oven protonse of b intheland. Alarge proportion nmg&unln how worthloss they wero, But they | Moro than $400,000,000 will hava to g;:xzu;nwm%%fluh*mgdnw&;nm woro tho only approash to proot [bo prooured in ecfther caso. Wo can toforo, bud the Ring has always been too atrong to that point which this spy-dotoctive | think of ohly ono other method, and | forthem. A\lasl, however, & Grand Juryhas bua found wilh pluck'and honeaty econgh todo it 0 RiGald Fustain thoo0d HOIK 1n every pelt 3 Ohicago, & few yoars torm, put Aldermen i jail fo MD“{S 8 the example, &nd th that is to fund the groonbacks into bonds, and then coin silver for all porsons who pro~ sent silvor bars at tho mint, and lot them put 1t into circulation, By this method in a fow years wo should have a silver curroncy of vory unoertain purchasing power per ounce. Its valuo might probably hold np protty well until the yaouum was fiiled, and then it would fall rapidly. How long would it take the Wostorn bonanza mines to prodace a sil- ver currency for tho United Btates, aided by an inflow of tho surplus silvor from countries ‘which have demonetizod it, is o quostion that oannot bo answered with cortainty. But af- tor that time ita value would rapidly declino. THE SILVER QUESTION. - The quostion, What ia to bo dono with the sil- vor? {a agitating tho flnancial olrclos {a England, aua the inquiry possosuon the disagrosablo foa- ture, that the moro tbo matter 18 investigated the worso it looks, Thoadoption of & gold standard in Europo Lias, of course, lowered tho valuo of ailvor, but the natural causo—that s, the stoady and easily incroagod supply of sllver from the minos—Ia the roal evil which financiora arounsbloto moot. M. Cenxuscus, a Fronch o~ litical economist, drawe attontion to the ovil aa it affocts England and Indls, in clesr and forcible terms. Ho waya:} Seducsd by the gold * monometalism,” the Earo- an Continent bLas ccased to com siivor, but it had jong colnod 1t, and colossal sums are in’'clrculation, All this ailver {8 o bo cailed in and moited down, the more 50 88 it ciroulstes as & forcad ourrenoy for s valuo it no longer posscsses. ' All this ailver ia to be #old, and it 18 to London it Wil be sent to got gold,— %o London, slready gluttod with Galifornts siiver vainly asking to'be coined. Floods of silvor going up tho Thames, floods of gold descending; scarcity and in- croasing value of tho yellow motal, which s the only Englishi curronoy, glut and dopreciation of the white metal, which 1 ha only Indian curroncy—tha two contlicting “ monometailsms * ara sbout to face each other—tho ono suffering from anmmis, the other from plethora ; two instoad of ono—a gold crisia and a sliver erials, Gold will not bo worth 163, 0a beforo 1871, nor 17, as ot prosent ; but 20, porhiaps 26, or Tho Indian rupos will no longer be worth two o, but oo only. Wit a falo for all lolders’ of slock payable dn rupocs, Bourso secaritios, and military ensions! What irroparable losses for the Indiaii Tailway companics, which recolvo silver, but must psy 1n pounds sterlingtha intorest of sharos and loaus isstied in London! On what terms, too, will the Gov- cromont b ablo to draw on Calcutts, Bombay, and Mudraa? Ervery fortnight it puts up to‘auction fiva or #ix miltion rupces ot London. At thio 1sat salo but one o loas of 10 por_cent for the Government, at tho last 1o biddors, and the crisis i3 only at tho beginuing. From Galls to the Indus what s monstary sh prices produced by tho invasion of toratlona in tho value of all contractannd il cngagementa fixed in ruposs! Tho most tarrible monetary storm ovor known, break- ing out In & conquered country, amid & population slx timos as Jarge as thot of the Unfted Kingdom. Osn England fold hierarma? _Oan she say to trombiing in- toreats, 4 1is patient; ovatything will end by fSinding dtslevel”? Unfortunately thero sooms to be only ono_remedy for this siato of things, ond ihat Englisnmen are naturally slow to adopt, The do- monotizing of tho Indisn rupes and tho sdoption in Indis of & gold instead of a_ailver colusgo would offr o solation of the dificulty, but st whal goct? THow much silver ia in circulation'tn India? It fnes timnted—thougl 10 oo can tall ezactly—to bo ovor £100,000,000, How much 18 hoardod among the natives? Vaat'quantifiea thera must Lo, Aro theso to bo ex- changed for gold or domonetized? It would be only Justice snd in keeping with good {aitn to ozclisngs gold Tor silvor, but where 1a all tho gold to come from, and 1f tho rupee is demonotized what will be the political offcct among tho natives of India? Altogother, it soems to Le & question beyond tho power of political oconomista to solva: and tho Novada miners say that they can continua Lo work at a profit whila sllver zo- taing onc-half it protont valuo, whila ot tho ssmo timo thero 18 poct of new mines belng openod clsewhero; sa that ihe offeot on the money market will Da that the remedy which is ditioult to apply now, bo- cauo of the enormous 1oss it woulit entall, must’ con- tiuus to grow more and mors dificult as Lmo goos on and addiifonal quantition of silver aro drawn into the Esatesn focus, QURRENOY QUESTIOLS To the Xdditor of The Chicago Trioune: ROOIIKLLE, 1L,y ApH] 1.—Will you pleass anawer tho following quesilons through your columus: (1) Legol-tenders arp worth 7 conts, and you ostimata tho valuo of a 3,65 thirts-yesr bond at 75 conts, and 12t Zou, nssert 10 your lueis of Marcl 2f, that'sich nda, 1f offored by tho Government in oxclisn, greenbacks, would almost instantly absorb tha lattor, Now what fs tho inducemnent for exclianging 67 couts paner for paper worth but 75 centa? (3) How many varjotiea of Government bonds aro oxtant, what is their time to Tun and intorest-ruto, and what ia tho presout markot valuo of each ingold? Inquinxm, Annwen: *Inquiror ' has not read the artiolo with much caro, that 18 ovidont.. A Mr. Kiva Lad snid that & 3.66 per cont bond would ba worth 02 conts fo gold. Wa could not undor- stand low b arrived at that rosult. Ifa G per cent gold bond is worth nbout par, how much would o 3.65 bo worth 7 Anawer, abont 75 cents, But wo added: **Tho Socrotary of tho Treasury thinks Lo can eell a thirty-yoar 43¢ por cont bond at par, If 80, n thirty-yoar 8,65 would bo worth a fraction over 80 cents, Instoad of 92 por cout.™ ‘Wheon wo #poke of o 8.66 per cont bond which would absorb tho groonbacks, wo referred, of courso, to an Interconvertible boud-—ono inte which groonbacks might bo changed, and vice versa, st tho will of tho holdor, The first-named kind of bozd would be & more investmont boud, whoso valuo would dopend on the rato of intor- est it boro ; while tho other gort, which was an intorchangeablo bond, wust nocesasrlly bo worth the samo a8 tho groenback, plus the ac- cumulatod futorest, Groonbacks would flow in- to o one per cent {nterconvortiblo bond, bocause 1 por ceut {8 worth more than‘no por cout. © As we stated in tho articlo In question, * The greenbacka would Le arawn into these 8.68 per cent bouds, and Lold thore by the forco of the {ntoress thorcon. Thosa bonda would circulate sy o clumsy kind of curroncy, aud thers would bo no other currency, Nobody would prefera non-interest-bearing groocnback to an intercet- besring greenback, for the cdnvertible bouds would in effect bo interest-beatiug greonbacks. It baukers, tor the sukeof small chango, should surronder .05 bonds and take curronoy, as soon a8 thoy pald it out it wounld fall into the hauds of thoso wiro would straightway exohanye it for bonda,” As 10 the varistios of bonds now outstaunding, “Inquirer” will find them all described in the wmontbly oiatomonts of the Beoratary of the ‘fronsury. They all bear 6 or 0 per cout intorest, oxcopt the eailors’ pension-fund boud, of & fow willions, which ouly boars 3 por cont. 40240 of her t. Louis must folloy ® botter. sinco tho produotion by Mr, SBronns of Brur's Wo bellaved, and atill belleve, that if the Secrely Bad simply bien dirscted o lay by $15,000,000 g6 oach yoar, fo bo saved out of tho SxtrAvAgAD) oxpesses of {ils Government, reanmption oould bave been se compilaned af 't Lproiated Ume snd without dy {usbancs ta the country.—Nei» York Post, ‘We nevor could soe tho sonsio of this mods of rosumption. For what doos the Post want (o hosrd §35,000,000 & yoar? If the objeotiste sccumulate gold to rodeom groenbaocks, for thy - purposo of rotiring them, that end can beaso. compiishod by offoring the psople the privilegs of fanding thom into bonda. prasstmadh i SR Tho Bt. Louls TYmes (Confederats organ) says that *Tns Tomuxe msy dopend that the By, Lonis Oonvention will designate a statesman to load the party in tho next contest who will bs without foar nnd without roproach.” Whatly this immaoulato *statosman "2 Vo tell. PERSONAL ) Mr. Gladatone has rented t.yell's oid housa, Oharles Dudloy Warnor ia writlog a book abomy tho Enat, Douglaa Jorrold used to asy : *I have knows Thackeray cightocen years snd don't know him yob.” Thoe Rev. J. N, Reynolds, of Boonsboro, way horsowhipped by aman who bed = daughter; and thero ls & vacanoy in the pulpit thero, Don Hill, the Soothorn orator in Congress, koops up an onormons privata correspondonce, Ho writos to overybody who writes to him, - Dr, Mark Hopkins, ox-Prosidont of William¢ Colloge, ia dellvering s course of lectured on “Tha Scriptural Ides of God™ beforo the Yals Divinity School. The Parton Marrisge bill Is now in & falr way of pasaing both Housos of the Leglslature. The next stop will be to make him Governor or mem. ber of Congroes. Gon. N, W. Watluns, the half-brother of Henry Olay, who diod recently at Morley, Mo., oged 81 yoars, tras the oldeat practicing Iawyer in tho United Btates, ‘Tho editor of the Cincinnati Commercial, baw ing carefully counted the obitasriosin the Phils dolplia Ledger; has arrived at the conclusion that Mr. Childs' beantifol poetry stimulates peo- pla to dio. » Tho Prince Imporial ia well-built, has an abundance of phyelcal etrongth and muscular powor, and excels in nding and fencing. His fuith in the divine oternity of the starof the Napoloon dynasty is as firm aund abiding a8 that of hia father, o Goorgo, the Count Josnnes, will take ‘s Cene tonninol bonefit at tho New York Academy ol Musio, April 24, when bo will appear as Hamlet, Ho invites mnombors of tho professlon abxione to assist bim to forward their names, and urges tho publis to respond liberally to his appesl. The poor man is full of good foclings, and it ‘would not be a foollsh thing for the poopls to tako him at'his word. As the wrock of a good man and aotor ho s at loast an object for nympas thy and cbarity to be expouded upon. Popo Plus IX. 18 not only a man of the purest artistic sonso and oulture in muslo, but & master of tho orgsn, sud a romarkable singer. His volco {8 evon’ now very swoet and poworfal, and when he slogs at High Mass, all .who boar bim sre struck by tho superb muannor in which he oxocutos the dificnlt Gregorisn chant. Hedis. appravos of tho tondonoy to import opuratic aod othor profana musio into the churdh serylos, but doos not share tho ultra soverity of tliat party who would reform church musio into tho antiqus plin chant, . ‘The 100tk performanca (lncorrectly tormed by the fino writora of tho New York press * the centonnial performance ) of *Jullus Clvsar " took place at Booth's Thostrs {n New. Yotk Thureday night [sat. Tho ovent was worth cel obrating, and the profuss sdvertisiug of it was not inexcuesblo. That ono of the sublimeat of Bhiakspoare's tragedies should have had 80 Jong arun faequally a mattor for surprise and cons gratulation, and the shame of tho low showinsa tricka by which the sucoess was brought abous b quite lost in the glory of it, ‘Tho lato Visconot Amborly laft for posihu. mous publication a volumo ontitled * Analysia of Roliglous Bollof,” in which ho made a con- feselon of his horetical opinlons. Tord Russell, bis father, on roading tho proots of tho first voluine, wae #0 shocked at tho contonta that, &t ‘Trustoe of the estats, Le poremptorily forbade tho publication to progeed. Thoro Is, how. over, o contract with tho publishiers, Trabnor & Co., which cannot bo abrogatod- excopt with tholr consent, and thoy aro mot willing to snee, ronder the large profits which they anticipated from the salo of tha book. d Whon Frod Graut, 80 tho atory goes, wod urged by his partner fu tho lato banking: husiness to influenco CGovernmont . businesd through his fathor, he ropiled : * No; I'l not pormit fathor to hsvo any interest or part o this house, I won't usk bim to’aid we fu suy why. Everybody makes use of him, and he has to etand tho brunt of it.. We csn closs up the place, and I can go back to my regl mont.” Tle etuck to Lly dotermination, at the risk of much brow-bostlog, Tho houso i cloned, but the President suffered no mlssppr* Lionsion from its transactions, y Benators have their littlo idiosyncracies, like ofbor mortals, A Washlngton corrospondent says that Souator Thurman usea a rod bandsnad haudkerchief, snd blows tho Joudost noso 10 Amerion. On one occaston Honasor Jones, b Novads, who early in lite had boen a brakemsd ob o raflroad, dropped to alosp at his devk. Beo ator Thurmay, whose sens i3 noar the bomaurt statesman, solomnly waved his rod bandsnns and gave bis nose s gerrific unort; ‘The nleoping Henator sprang to bis foet, 0d soizing his des) commenood twisting 1t with -all hls mighs, 1t afterward oxplalued that he thought Thnnnfl): blow was an engina whistling * down brakod, and the rod ‘hadkerchiof w sigoal of distresé Lience Lis wrenchlog of the desk. LOTEL ARRIVALE. Bherman Houss—E, L. dlari, New Yorki Qsorgt Bauford, Crown Polut, Ind.: W, Spragus, Now Yurs I, L. Sleplenson, Marabsl, Mich.; if. V, Los, Boalon AL Millony New. York: I Cleve land; 4, I 'Whito, Now Yor! J. L. Kellogg, Now' York; Coun.; L, D, Alden, convinced that thers i3 a good deal of truth truth ns to how it happenod that n paid spy A Q00D DEED IN A NAUGETY WORLD, Thoro is ono lady who has colebrated tho Hor benovolont deed is all the moro that it shines like n bright light in tho black- tomporarily eclipso the national honor. It isngift to whichno suspicion can attach. o prosont blessing, mitigating the suffering of to-dny, but it will grow and brondon long after tho large-hoarted donor shall have pnssed oway, in that highest and noblest of- fleo of humanity, the alleviation of pain and the reatoration of health, This ledy, whoso name by hor own request has not been mado public, has donated to tho Highlands occupied by the Cozzons Hotel, a woll-known place of summer resort for tho fashionable socioty of New York Gity, Tho building itself is B0O feot in length by 100 foot in width, and ia eapable of accommodat- ing 500 potients. The grounds include sn aren of 40 acres, besutifully laid out, and lo- cated amid somo of tha lovellost sconcry to bo found upon tho banks of the Hudsom, Horo tho skill of the physioian and tho sur- geon will bo reinforced by pure, bracing air, by tho inspiration of sconery, and by nil tho convaloscent. Tho Now York Z'ritune intimates that tho mouagers of the Hos- moro rapidly, when this donation camo to thom liko a special providence, Tho sum- tho great city will miss their secustomed othor places whero thoy may find consolation 1t i possible the noble wom- an who plannod this Ohristian work did not tako into account tho rolations of socioty or or tho bad air of the city, Boshe wept fashion, Christ awopt and garnished the tomplo, and devated it to charity and Lumanity, to the comfort of the suffering, to tho rolief of As we havo enid, tho gracions deed of this TPhiladelphia ‘Wo shall have trunk-maker, We shall havo of bolls, blazing of fireworks, and waving of away, ell its trappings of patriotism, bun. onthusiasm’ will bo T'his noble woman's doed, gave it birth. Tt i only in its infancy now, oxcellence, It will go on and on through all ings more and moro widely, Others will add to it na tho noeds Increrse, and thus sho will build for horeolf o menmment ** moro lasting than brass,” and her name and momory will be forover blessed. Her example commends itsolf to others who have the menns, it they ouly hove tho disposition, to maoke this Contonnial year memoratlo by something done for humsnity, and which moy give them tho thought tkat, when tho next Centenninl comes, it will find thelr benefleoncs still bringing merey and blessing to the sufforing and new generations rising up and preserving their memory forover groon. There is somoething in this work for humanity more ennobling and enduning thau tho strifo for place and power, the hoarding for wolf, or the noisy clamors and flecting shows of the Oontonnial celebrations. L ——— Bomo of the second and third class nowspa- pers in thia Btato aro making tho absurd chacge that Tux Curoauo ‘Taiduxe mavufsotures tu ite own ofiico the oofumunioations which it has beou printing lately on tho (uboruatorisl eleotion. Buch a charge eimply indicates tho prevalence among thomselvos of o practice which Tum Triuuxe haa not been obliged to resort to within the momory of tho oldest inhabitsots,—cer- tatuly not within a quarter of a contury, Theso cateh-penuy shests isve no conception of the intorior workings of & groat newspaper ofiice, T'hoy are 1guorant of the fact that & journal Jike Tur Tioung f8 daily in rooeipt of enocugh vol- unteer contributions to fll s eheet doublo ita slzo ; that two or threo men are employoed in the work of roading, assortiug, and correcting such G, W. lust, W, uilock, Burliugton. oth, New York : Theodoro Plilsdelphin; Hanson L. Wi A, Ntoycs, Boston Racine; V. 3.0, Lov el Tho Pittsburg Gazetts maokes this psainine obnervation : Bllver roaumption rests on a totally difforcnt fact from gold_yosumption, sud flls is gencrally well Bebooniny B Blacke York...,Gardner Toston's _ Frank a Iamlio, Hlamsey aud family, Neweastio, Eug. i Ex il Hamllty sione, ouse—A, . Goylon, Paris: D zis} [ thom are 'York; Thoms . Owing to tho extraordl rodacti communications j that waro of Bounlork] Tawrance: &l Orow, New 'York{ Thomsd e o o s v, 0 o phodacy | roburod o the wrliors than can b | &t eyt Sfptiay o Wil Blacuotia; 0. coln of this country poaseascs less markot value than [ printed, ~end more thrown in the | BIile e niingoen; . E, Lane, Boutn Jeud: the greeaback, Ifouce 1t 46 perfectly easy to resume withi 1t, because It 12 R0k an exportable commodity, What {4 the rouson it is not an oxportable commodity? Ilas not the country exported wasto-Dagket than are printed and refurncd § snd that these communications cover a rsuge of subjocts &5 wide as tho publio thought itself. It would be very strange if so conuplonous a sub~ nd ~D, T G e ea, Liniouoy, Eoglandt Coli wan, U, 8. A.3 the Hon, W, B. Zmum TJor B, Buerman, Milwaukee; J. A, Lander, QCiph P, O L Ouppellas, Wiolpeg, -