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THE CHICAGO 'I'RIBUNE:"SATURDAY, MAY 27, 1876—TWELVE -PAGES.’ : The Teibwae, TERMS OF SUBSCRIPTION. PATADLE IN ADVANCE—TOSTAGE DPREPAID AT Ilis oFr s 3 i, 1 ye E Daity Edition, r'g:‘n’ yu’r:f Malled to any addrean four weeka for, 1.00 Bunday Editlan: Litorary and lieligla 13“'\#&&1 2 ‘Postpaid, 1 ye 7" TEan of yeur e WEEKLY EDITION, POSTPAID, Qne copy. per yex Cnb of five, percop Ciub of twenty, per ropy. The postage | nts Bpecimen coples sent fre To prevent delny and mistakes, he sure and give Post- ©ffice address in full, Including State and County. Remittances may be made cither by draft, express, Foat-Office arder, or {n reglstered leiters, at our risk, 7ERMS TO CITY SUNSCRIDERS, Dally, dellvered, Bunday excepted, 25 centa per week, Dally, delivered, Sunday Included, SO cents per week Addren TUR TRIBU: Cormer Madison and Dearbor, New Chicage Theatre, Clark strect, hetween Itandolph and Lake, Hooley's Minstrels. Afiernoon aud eveniig. Tiooley'n Thentre, e E R treet, hetween Claik and LaSalle, i, el Taa FiTih Avende Compange + Fiquers illlfllmln and cvenlng. McVickerts Thentre, dson strect, between State and Denrborn, lfl':l“[::‘: lB'"‘;'i‘l“'B Mitehell, Afteruosn, E3% " Evening, Littie Darefoot ., En- " Jaas Woob Musenme rect. between Deatbory and State. [Fran s i ety o Ocean (b Dcesnot Auerboon i evening. SATURDAY, MAY 27, 1876, Greenbacks ot tho Now York Gold Ex- change yesterday closod at 88§, The Senato is still discussing the question of jurisdiction in BeLeNaAP'S case, and sev- eral dnys nro likely to pass beforo a decision is reached. ——— Dubufe's great painting, * The Prodigal Son,"” was destroyed by fire at Cincinnati Inst night. This work of art lLad perbaps received greator and moro flattering popular attention than any other picture ever sent to Amcrica. Garnsporovan's portrait of the Duchess of Dovonshire, which was purchased in 1783 for $325, but which brought %70,500 at auction m London on tho 6th of May, 1876, bas been stolon from Mr. AoXEw, its new owner. A thief gained access to the room in which it was kept, eut the picturo out of the frame, and made off with it. A reward of $5,000 is offered for its recovery. Becretary Ronesox has prepared an answer tosuch of the testimony given before the Naval Investigating Committee as ho has hnd accesy to,—moro especially that relating to the poculinr facilitica for obtaining con. tracts supposed to have been enjoyed by the Catrris. Mr. RopesoN claims that his statement will ghow that all his transactions with the CatreLs were perfeatly proper, Chicago haa been selected ns the place for holding the session of the Presbyterian Gen- eral Assembly for 1877. In view of the probability that another year will bring about a rounion of the Churches North and South, separated by tho bitter animositics growing out of the War of the Robellion, tho session of 1877 promises to be nmong the most important and interesting in the history of tha Presbyterian Church in America, The Trrpen men in Washington are get- ting nervous about their favorite, whose loss of nowspaper support in Now York betokens a break in the delegation from that Stato, and the possibility that they will give him marely & complimentary vote and thon switch off to some other candidate,~possi- bly Bavanp, who is Trupex's equal in the matter of a record and his superior in the matter of having fewer enemics. Alto- gether, the outlook for I'mpen is not 8o en- cournging as it was. . ————— " If the latest reports by cablo are correet, the Turkish Government will take upon itsolf the responsibility of informing the Great Powers of Europe that they aro expected to keep within the provisions of the Treaty of Pariy, or, in other words, they will be told that their intervention is not nceded, and porticularly not dosired. The ¢ Sick Man," it is 80id, will sit up for n brief period whilethis information is volunteered. Tanguagoof this character from the Porte, although coming from a wenk source, has, when added to the stronger cry of “Euro- pean Equilibrium * from some of the West- ern Powers, always turned tho senlo in favor of the Turk. e —— Mascachusotts yesterday enjoyed the sat. isfaction, somewhat rare of late, of inflict. ing the denth pennlty for the crimo of mur- der. At Boston the bhangman paid his r-spects to Tioxas W. Prreen, tho beastly butcher of little Mauven Youns, whom he beat to desth with a club in tho belfry of the Warren Avenue Baptist Church, of which ho was sexton, on the 23d of May, 1875, the murderor of Bripaer LANDERGAN in 1873, sud tho would-be mur. derer of Many Tynen in 1874, At Worces- ter Saxuen J. Frost, who killed bhis wifo's brother, Frankun P, Towne July 4, 1875, wau both hanged and ducapitated, his head being jerked from tho body by the fall of the drop. T ———— Mr. Bravg made o statomont under onth befero the Iouse Committeo yestorday con- cerning the package brought to him from Arkansas by Ropixsox, and in thoe most clear and convincing manuer explained that cir- cunstance, The packags fetched by Ropiw. BoN coutained various maps and platy of certain copl lands in Arkansas which Mr, Brawve had thought of investing in, aud contained no bonds ‘of any kind. Further. wore, Mr. Braine repeated under onth his rocent statement on the floor of the Homse in connection with the Arkansas bond story, and when ba had finished thero was not a peg left on whick to . hang a doubt that the sharges and ramors wera absolutely without foundation. The Chicago produce markets were irreg- ulor yesterdny, but generally easier, with lesa loing in provisionsand fuir activity in bread- stuffs. Meas pork doclined £00 per brl, closing 8L¥19.57)@19.60 for May or June and $19.72} @19.75 for July. Lard declined 32}c per 100 s, closing at $11.52) cash and $11.65 seller July, Meats were quiet and steadier, st 6o for boxed shoulders, 9jc for do short riby, and 10 for do short clears. Lake freights were leas nctive, at 2jc for wheat to Buffalo. Rail froighta wers dull and un. ehanged. Highwines were firm, at $1.09 per gallon. Flour was in light demand and steady. Wheat was sctive, and closed o \ lower, at $1.06} cash and $1.07} for Juno. Corn deelined 20, closing at 46jc for May ! and44)o for Juna. Oats declined g cloxing at 201@2930 eash and 294c for June. Rye was'sfirmer, at 70c. Barley wns 1o lower, closing at 70c for May and 09 asked for June. Hogs wero active and stronger, sell- ing at $6.20@6.60 for common to choice, Cattlo were quiet and stendy, with sales at $£1.00@5.00. Sheep wore firm and un- changed. One hundred dollars in gold would buy $112.756 in greenbacks at the closa. The President in disposed to look leniently upon the incursions of gold-hunters uwpon tho Bioux rcservation in the Black Hills country, and to accept as an inovitable nud accomplished fact the occupation of that country by adventurous miners, Whilo ro. fusing to give his official sanction to the violation of tha treaty involved in the matter, he nevertheless proposes that the Indians shall not bo encournged to enter upon a wholesalo massacrs of the intruders by withholding military protection. Gen. Snemipaw hina therefore been directed to afford protection to all persons coming awny from or transporting stores and supplics to the Black Hills. This order daes not includo miners at work or en routs for ¥ho Ilills, but their safety will be Inrgely incrensed inci- dontally by the presenca of the troops. The Senate Committo on Railroads reems to Le singularly averso to auy legislation looking to the reimbursement of the Govern- ment for the bonds and interest ndvanced to the Pacific Railroade. A biil bhaving for its object the creation of a sinking fund for this purposo was recently referred to the Committee, and yesterdny a report was sub- mitted amending this bill by reviving the impudent proposition that the Union and Central Pacific Companies shall each reconvey to the Government 6,000,000 acres of almost worthless lands previously donated, at. the rate of $2.50 per acre, or 230,000,000 for the whole, this sum to be the basis of the sinking funds to be crented by the Companies. The differenco botween the bill ns went to the Committee and the bill as proposed to be amended amounts to $30,000,000 in favor of the Pacific Railrond Companies and against the Goverament, the former gotting a big prico for lands which nobody else would buy, and thelatter buying back 12,000,000 ncres which it originally donated in addition to the bonds advanced. THE CITY’S FINANCIAL EMBARRASSMENTS Thero avo ¢wo items of good news from the City-Hall, the realization of which will bo of greater value to Chicago now and in tha future than any public acts domo in years, Tho first is that the now Council kave protty generally determined that, though the Couviv tox-levy of this year was only for nine months, they will make it, under Hovwr, suffico for an cntire year. To this end thoy can change the date of tho fiscal yoar back from Jan. 1, at which tho late Council established it, to April 1. This change bas au ndvantage in itself, in that it brings the collection of thoe taxes thrco months nearer tax-collecting than at present, But the chief advantago is the dotermination that tho nine months' appropriations shall serve for twelve months, which will make a saving to tho tax-payers of 25 per cont, or about 1,250,000 over the oxpenditures oon- templated by the late City Government. The policy of retrenchment necessary to ac- complish this was practically inaugurated by Mayor Hoyne last Monday in vacating some sixty or moventy sineccures, and we have svery assurance that it will be followed up by judicious excisions in other branches of tho municipal service, ‘The other item of good nows is that ar- rangements have about been mads to pay off the 800,000 or $1,000,000 now due the city employes. This arrcarage, falling heavily on o class who sorely need the money, has come from Mr. Hares' policy of taking the funds 08 they camo into tho Trensury to pay off old city certificates in order to sustain the evedit for ronewing tho balance and letting tho em- ployes starve. It is an operation known as * shinning " among those peopls who are ac- custored to resort to it. Meanwhile tho em- ployes have had to whistle for their pay, They number in all botween 2,500 and 3,000 persons, including the policemen, firemen, school-teachers, bridge-tendors, clerks, street- cleaners, Inborers, and the long roll of mis- cellancous employes in the various depart- ments. The most of them are poople who require their wages ag they become dua from month to month, Their payment now will bring great relief to the large number of ro- toil shopkeepers nnd supply-venders who have been advancing to the city employes, who have been doprived of their pay for nemly four months, so that the aggregate sum will circulato rapidly and make a per- ceptible imnpression on the business of tho city, The snme arrangements that shall en- abla the City Govornment to discharge the present indebtedness to employes will . also ennblo it hereafter to pay thew promptly, Though not inforied as to the details of the mew arrangements for monoy, wo take it that thoy rest upon the willinguess ex. presred by Chicago baukers and copitalists to advauce monoy on certificates issned in conformity to the decree of the Court,—that is, drawn against particular funds, and for the payment of obligations nceruing within the present fiscal year, Whother or not it has occurred to the Financo Committee, we aro persuaded that all the certificates to be issued this year shall bo mada recaivable for tho taxes of 1876, which ara duo and payablo noxt summer, and that the cestificates of future years, so looy as this mods of raising money sball, ba necessary, bo mndo recoiva. blo for taxes of the yecar in anticipation of which they shall have been put ont. 'This fenturo will insuro them a value and a pop. ularity that thoy cannot otherwise obtain, since, s far s Chicago in concorned, they will be as good s groenbacks, Any one skeptical and foolhardy enough to supposs that there will ever be & disposition to re- pudiate them cannot then deny that thoey will have a permanent value for the payment of taxes, which is a debt thnt cannot be avoidod in the long run. Moreover, tho amount of cortificates thus lawfully fssued will always be loss than the amount of taxes to be collacted, so that, under this condition, the socurity will be absolute. Every certifi- cate should contain the condition that it may bo tendored ot any time at its face value with nccrued interest for the payment of the city taxes for tho year iu anticipation of which it wai issued,~thae certificates of 1876 for the taxes of 1876, tho certificatos of 1877 for the taxes of 1677, and so on. Their redemption for taxos would in this way operato as the canceling of the certificates, and moat of them would ba disposed of after this fashion. ‘The advantages arising from tho adoption of such a plan o8 this will bo inestimable, The city may then avail itself of the woney seb asido by this year's appropriations, and out of the liceusa fees, to pny off 500,000 of the old certificates outsianding. The new certificates issued uudor the now plan will take care of themselves aud como in mext year when the taxes of 1876 ghall bo Daid, and then they will bo canceled. 'Chis sys. tem may be maintained wntil suffic cient cconomy shall be introduced in- to the mansgement of tho city to warrant a saving ont of the yearly taz. levy to mako wp a fund large enough somo dny to resumo tho policy of paying as we go. The Financo Committee of the Council shonld givo this suggestion prompt and fnir considoration, keopiug well in mind the nocersity that all certificates should bo in maderato amounts, drawn against tho tax- lovy of that particnlar year in which the debt ‘was contracted, receivablo in payment of taxes for that year, with the allowanco of interest at 7 per cent up to the time of pay- ment, and not running nor drawing interest longer than eighteon months nt the outaide, 'The Finanee Committoe, having snbmitted n proposition of this kind, should nlso sug. gest to the Council the passnge of a resoln. tion authorizing the Comptroller to take any of tho oldoutstanding certificates in payment for taxes of 1875 nnd the previous years. Under tho law, as laid down by tho Court, it iy only out of theso unpaid taxes that the old cortificatos ean be redeomed, snd such a resolution would maintain nenrly their full valiio, and likewise encourage those in arrears to pny up their taxes, 'Thoir acceptance in this manner would moro than offset the de- precintion apprehended in certaln quarters 08 n result of the refusal of tho Council to renew the old cortificates, but instead to fix their payment at a definito time in the future, e — THAT MONSTEOUS PLATFORM. The platform of the Illinois Republiean Convention, the more closely it ia examined, shows its own fraudalent chamcter. The special paina taken with this fraud woeld in- dicato a purpose that might consistently be extended to packing the list of delegates with coemies of Brarye. How far this lng been done, if it has been done at all, will ap- pear hereafter. The men who put Bramz on a rag-baby and bloody-shirt platform may possibly have smuggled some delogntes who really prefer a candidate to whom sach a platform is appropriate. The Evening Journal, whoso proprictor waa on tho Platform Committeo in the Con- vention, does not like the criticism made upon the fraud, and he labors to mako the garment fit Mr. Bramve, That paper says: ‘The Confederates In Congress have been met firmly, fought with and repestedly beaton by tho eplendid statesman from Maine. e was not afrald of the bloody shirt and the hue and cry of the timid Conscrvatives, who dare not defend Re- publicanlsm at the Sauth for foar of arousing sec- tional animosity. On the contrary, ha boldly Jed the attack. Many a friend looked on in appre- henelon ns he mwok the gory lnen in the face of the mad bull; but the country soon resounded with hie pralses, and the populnrity he enjoys to-dny la mainly due to whot Tux TIubUSE calls the bloody shirt, 'Tho debste in Congress, which has now become historical, and in which Ar, Brame obtained such national honor and fame, was pecaliarly distinguished by tho fact that on the tepublican sido it was in advocacy of n complete obliteration of all lognl disabilitios and peunlties because of rebollion and treason. Mr. Brame, in that dobate, pro- posed an universal amnesty, including ** Black-Flog” Beauneoanp, the * pirate™ Sexners, the Confederate commanding at Fort Pillow, and all other Confederates, Jere Davis alono excopted. The exception was made, Liowover, not becauso Davis had been a soldier of the United States, or a Senator, or n Cebinet officer, aud then -a traitor and the President of tho Confoderate States, but exclusively becauso he was of- ficially responsible for the cruelties and atrocities pmcllcnd‘upon the Union soldiers whilo prigoners of war. Let tho debate be rerd, and it will bo seon that thers was not a Republican who spoko who did not claim, snd with just pride, that tho Ropub- lican party had never punished n man for trenson” or rebellion after tho War ended, and had never refused a pardon to any man, who had asked for it, and who did not insist that tho Republican party was then ready to place every Confederate of the South on an equal political footing with tho citizens of Maine and Olio. Thers was no bloody shirt iu that debate, It would have been wholly inappropriate. The Republicans were thero vindicating the * policy of lenioncy " to the Houth, excepting only the one man respou. sible for the Andersonvills atrocitics on pris. oners, ‘Tho grent charge mado againat Brarxe by the Casenon gang, who havae sold him out, is that he was opposed to the Force Lill, and wns opposed to suspending the writ of Linbeas corpus during an eloction in Georgioa for tho same reason that ho would opposs its suspension in Maine. Ho was a statesman laboring for penco and unity, and the country owes much to him for the sottlo- wents which put an end to oivil war in Arkansas and Louigisnn. Mr., Bramng hos never been in sympathy with Borren and Coxkring in their cfforts to keep the war in progress, and govern Btates in the intercst of cliques or carpet-baggers, by tho exclusive uso of the bayonct. To put him on u plat- form denouucing the policy of lenivncy is a libel on Lis record, and an insult all tho moro glaring because the Convention itself waa largely for Braine. But the cditor of the Journal, failing to comprehend the platform to the support of which itscems ho was entrappod, denies that it declares for rag-money. The resolution reads: Resolred, That It 18 Liereby tarther declared that the Republican party has given to the people thic bewt system of puper currency wver devised, snd would doprecate any legislation that might, Ly any posaibility, cause a return b the systens of paper curreacy In existence befoge tho War. The present systom of paper oarrency gives the people two kinds of notes: 1. 'Those that aro not redcomed at any time and place. 2. Thosa that are redeomable, on de- wmand, in tho other class of notes which are not redeemable at all, Both are heavily de- preclated. ‘That is pronounced the * best system of paper ourrency over devised.” The paper currency which existed before tho Warwaa by law redeemable on demand in coin. 'The material difforence botween tho systems was not in the fact that the banks wore then incorporated by tho States and ara now incorporated by the United Btates, but in the fact that then the notes were re- deemable in coin and now they are not; and tho Republican party of Illinois is put in the absurd position of nominating Brame for President on 8 platform which declares an irredcomablo paper currency the best that waos ever devised, and deprecates sny logisla. tion that might “*by any possibility” causo a return to a systom of paper currenoy re- deemablo in coin! In striking contrast with this shinplaster Bereed, issued as tho platform of Mr, Braine by this Convention in Illinois, we commend to tho real frionds of Mr. Braivg, and to the Bopublican party generally, the declaratious of the Republicans of other Btates, The Republicans of Minnesota declared ou the same day— 18 favor of a pure, honest, and efficient Govern- ment; 1he urescrvation of au untarplshed uationat credit; hard money or Its equivaient, paper con- vertible Into coin. Tho Republicans of Missouri, on tho same day, demand— A sound currency of caln, or paper convertible into coin. The Republicans of Ohio, a fow dnya ago, daclared— ‘Wo recognize gold as the true atandard of valnes, and tha only seady and safe baals for o circulating medium, and declaro that the policy of financo shonld be steadily pursucd which, witheut nn- necersary injusy Lo buslness or trade, wil nltl- mately equalize tha valug of tho coln and paper dollar, Indiana stood alono in any questionnble at- titudo on this question until the Illinois Plat. form Committeo raised its protest ngaiust honest money and specio payments; and the absurdity of tho business is that Illinois and Braive should Lo placed together upon o rag-money platform. THE SCOTCH PRESBYTERIAN UNION, T'nx TrnuNe of yesterdny coftnined the important announcoment thnt a union had been effocted botween the Goneral As- sombly of the Free Church of Scotland and tho ieformed Presbyterinn Synod of Scot- land or United Presbyterians. Theso two Churches have alwaysbeen one in faith and aro now ono in namo. It only remains for tho united Church to ally itself with the Es- tablished Church to give Scotch Presby- tarianism an nnited front. A sketch of theso two great historical Churches will therefore be of intorest, especinlly a8 their union will undoubtedly pave the way to a union with the Established Church, tho faith of the two being the same, ‘The Free Church of Scotland was the name nssnmed by the seceders from the Established Church, who withdrew from it in 1843, and established a separato Charch under the lendership of Dr, Cnavmens. There i8 no diffcronce in tho standards of the two Churchics or in their laws. Tho same con. stitotion exists in cach, the samo clnsses of offico-bearors, and the same gradetions of church-courts. The only difference between them lies in the question whethor or not the oxisting relations of the Established Church to tho Btato aro consistent with the doctrine, held by each, of the headship of Christ over His Church. The principal cause of separa- tion grow out of the interpretation of this doctrine in its application to tho election of ministers. The rights and privileges of the Scotch Presbyterian . Church were se- cured by the ‘Ireaty of Union, and reserved from the power of the English Parlisment. Fivo yoars afterwards, low- over, in the reign of ANNE, an act was passed restoring patronago in Scotland, the tendency of which waa to make the ministers depend- ent upon the aristocracy, and thereby nullify Liberal influences. Dr. Cmaryens and his followers mado the distinct issua that no minigter rhould be thrust upen a congregn- tion without its consent. This issuo was evontunlly brought to a settloment by the Houso of Lords aflirming the decision of the Court of Beesions in favor of patronage. Thereupon the Cmarmens faction withdrew and establishod the Free Church, which has met with remnrkable prosperity over since. It now numbers 16 synods, 77 presbytories, 964 congregations, and 957 ministors, and, at the time of the scparation, carried off about onc-half tho members of ths Estab- lished Church. The United Presbyterinn Chnrch, which hos united with the Free Church, was constituted in 1847 by the amalgamation of the Becession and Relief Churches. The Se- cession Church aplit off from the main body because in 1730 tho Assembly enacted that in future no roasons of dissont against the determinations of church judicatures shonld bo entered on record. This nttempt to gag congrogations resulted in tho formation of the Secession Church. The Relief Church was the result of another secossion owing to tho determination of the Assemblies that the people should not have the right to elect their own ministors, The union of the two took place in 1847, four yeara after tho formation of tho Free Church, and a9 tho result of this union the United Presbyterians number 31 prosby. terfes and 611 congrogations, The recent union of tho United and Freo Clmrehes gives 108 presbyteries and 1,605 congregotions, Againat 84 prosbyteries and 1,200 congroga- tions in the Eutablished Chureh, thus giving tho now combination the numerical superi- ority, loaving tho membership of the Estab- lished Church for tho first time in a minori- ty. As tho presont Parlinment has passed o bill nbolishing patronagoe and giving congre- gations voico in the seloction of their minje- tors, thore is now no poiut of difference betweon the now combination of Churches and the Established Church,~n fact which may pave tho wny for a speedy union of the two and the goneral consolidation of Presby- torlanism in Bcotland. —— THE HAND OF THE WHISKY-RING. Resolved, Thut the eiforts of Fresident GnAnt to purity the public service by a rigid enforcement of the Internal revenne und custows lowe, cven to the extent of the punishment of prominent mem- bers of his uwn political party, furnishes an ex- ample of Kxeeutive efficioncy und Smpartiality for which a parallel may be sought in vain throughont tha records of tho Demooratic party, and white It has been the alm of Lis Administration that o [n- nocent manshould be convicted, yot It has boen his esyiccial order **Let no gullty man escape,”— Stxth plank of the Springfleld platform, Thiu is good ko far as it goes. The plat- form-mekers couldn't have given any excuso for leaving it out. 'L'he great work of tho Ropublican Administration—that which the Republicans of lllinois desired in their plat- fonn to warmly indorse, and which they de- mand sball be continued under tho next Ad- niniatration—is the purification of tho publio sorvice * by the rigid enforcoment of the internal rovenus and customs laws.” Still the platform-makers have most painstakingly labored to so word their resolution as to conceal the fact that Secretary Bristow had anything to do with this work of purification oud reform, or ia entitled to any credit for it, and 5o that he is altogether ignored. "This resolution s on a par with such ps might have boen drawn up in 1865 thanking Prosidont LiNcoLy for all the glorious victo- rics won by Granr, and giving Mr, LmvcoLy crodit for tho cawpuigns planuned and oxe- cuted by Geant, which his splendid military gonius crowned with succoss, and iguoring Graxnr altogethor. Mr, Lixcory appointod Guant to command of the army, counseled with bim as to bis plans, and supported aud upheld him in carrying theso ont, and in fur- nighing the men and means noceusary to their successful excoution. Nevertheless, that did not blind the American puople to the great achievements of GrANT, nor to the debt of gratitude they owed bim,~—both of which they did not fail to recoguizo and havo re- warded. But it would have boon considerad a sneaking, cowardly stab at GranT to have given credit to LincoLN for all that both had done. No less iu this sixth resolution of the Bpringficld platforu. It ignores tho fact thot all ather Bocrotaries of tho Treasury failed to grapple the whisky-bydra, and thut Bowtow alone had the cowwuge to do 8o, aud the brains and the grit to l]e-nlroy—l the monster,—just a3 McOrenraN, Porr, Burry, Bunsaibg, and Hoorer failed to van- quish tho Confederates, wnd Gnant, by hia goniug and pluck, rotrieved their disnsters by hig viotaries. - Briatow is tho Grant of the campaign against tho whisky thioves, and blackmailers, and Custom-Houso rings, and publio plunderers, who have corrupted our politics and scandalized our free institutions, Whero all his predecessors failed he has gone on courngeonsly in that contest against thiovery and corruption to conquor, and hns dono, and is doing, & glorious work in the wuy of the ** puritieation of tho public ser- vico," and of the whole political atmosphere, and of olovating the tono of public moraln. o hins not gone at it in such spirit s indi- eated by the phraseof the platform-mnkers as to tho enforcement of the Inwe *‘cven to the extent of the punishment of promineut mem- bers of his own party.” He hns not feltthnt it required any strotching of hia senso of officinl duty to the very utmost in order to Lrace himself up to the point of enforcing the laws ngainst ktenling, against thioves who had stolen into prominent places in the Repub- Lican party, Ho Loa auccoeded in his contest with the Ring beenuso o has made no dis- tinction betweon such {hieves and other thieves, and has done the party good sorvics, a8 woll a8 the country, by sending them to the Penitentiary. Theraby it was that ho won for himself the undying emnity of all the whisky-thioves in and out of the Ponitentiarics. Tho studied attempt in this sixth resolution to ignore wholly his groat service to the party and to the nation but ndvertises tha spirit of tho Whisky Ring which is mani- fest in that rerolution, the author of which, it must bo assumed, is identified with the Ring. That snonking, cowardly at- tempt to strike at Baistow, and through him at reform, was the work not of the Conven. tion, in which there were nt lonst a bundred and fifty Bristow men nnd two or threo hundred other delegates who wera friendly to him, but of machine-politicinna ropresent- ing tho broken fragments of the Whisky Ring, who secured control of the Committee on Resolutions, and sought to avenge them- selvos upon him for his * rigid enforcement of the internal rovenue lawa" ‘“‘even to the extont " of sending ** prominent mombers of his own political party " to the Penitentinry. The omission in the platform of dus recog- nition of hia groat services in the campaign against corruption is rendered glaringly dis- graceful by the fact that it was the work of the machiue-politicians and Whisky-Ring- sters, dono for the express purposo of rebuk- ing him for his warfare agninst ths Ring thiovery and corruption, THE ANTI-CORNER RULES, The recont discussion of the direct trans- portation question, as affecting the produce markets of Chicago, has led to a close scru- tiny of the rules adopted by the Board of Trade in the hope of preventing corners. The rosult of that scrutiny is a conviction in the minds of many that the rules in question, though npparently fair, may bo mndo to serve the special interests of ona olass of traders, o agninst thoothers. Ithas been shbwn that the buyer of a givon quantity of grain or provis- ions, to be delivered in somo foturs month, is oxpected to recoivo and pay for the prop- erty when it is tendored to him, whatever be tho prico then ruling in other murkots, It mattors nothing that prices in New York have declined 5 or 10 ‘conta a bushel, o that bo must inovitably lose sevarely by shipping to the scaboard and selling it thero. The trade is binding on him ; aud justly so. In buying for future delivery he takes the chances of profit through an advance, or loss by a docline, in prices, during the time which in commercial circlos is called ** the life of tho contract.” The man who sells the property for future delivery lLing, however, threa strings to his bow; two being fn his favor, and only one agoiust him. If the market doclines betwoen the time of tho salo and the dato that limita the duration of the contract, ke can buy at less than ho sold for; and the difference is his profit. If tho market turns upwards, ho is not bound to ill his contract, provided he can show that on the day tho contract ex- pires ho is not ablo to buy in the snid proper- ty ot its roal valuo as dotermined by rofer- ence to what it is worth to ship to other points, at the thon carrent rates of froight, or for manufacturing purposes in this city. Ho may have had soveral weeks' or months' time during which he could have covered the transaction with a profit to himself, but risks the chances of the commercial battle by waiting till tho last minute of the last day. It is truo, the rules of the Board of Trade provide that undor such circumstances the scller shall, if the Committes of Arbitration 8o decide, pny damages to tho extont of & per cent of the contract price; but the pen- alty is not always imposed, and, if imposed, would not in all cases be mfficient to reim- burse the buyer for his actusl loss by the (non) transaction, The consequenco is that an operator who buys = large lot of produce, at different prices, at different timos, intending to ship it, laplacedat ndecided disadvantage. Suppose bo ngrees to-day to forward 200,000 bushels of corn to n correspondont in England, dur- ing the month of August. He bLuys 100,000 Lushols this week, *seller Angust,” at 470, Next month ho buys 100,000 bushels nt b5, the market having ndvanced 8o in the meantime. When the timo comes round for delivery the market here is fiio, and tho corn is worth &3¢ per bushel to ship at the then current prices. It all woro delivered to him, its cost would avorago him 510, giving a profit of Zo0; but the 100,000 bushels of high-priced corn is do- livered to him; and e may whistle for tho rast, thotigh lie has had nothing to do with tha advance of the market to 55¢ in August. This is no fancy sketch, except that we have not quoted actual quantitiea and pricos, Moro than ono case of this kind has occur- ved since tho last revision of the Rules of the Board of 'T'rads,~the chief object of which wns the protection of short scllors againat unmerciful squeszing on the part of cornor operatars. It cannot bo disputed that some such pro. toction was needed—as the corners of the post wero commercial nuisances, if not crimes; but the protection should not be all one way, The manwhobuys the produce of the country has some rights, and ought to liave sowe other chances than those embod- ied in tho doclaration s **If tho market goos down I losa; if it advances I gain nothing,” The rule of trading long since adopted on the French Bourue seems s0 well calculated to meet the diffioulty, and is so palpably fair that it is & wonder our Board of Trade has not ere this adopted it,—eithor with or with. out modification. That rulo is to the effoct that either buyer or seller way provont the transaction from involving & loss of moro than 10 per cent of the contract price by de- claring it closed at any time during the life of the contract. ‘Yhe adoption of ——‘—h\ ¢ suoch a rule would bs a shicld sgainst abso- lute ruin (unlesa to the reckless trader) from violont fluctuations in the market, whother real or artifiaial. 'The matter is raspeotfully recommended to the consideration of tho Board of Trade ; not only ns its membora are diractly interested, but na they represent tho yast and important produce and mercan- tilo trade of the groat Northwest, If this plan Lo not accoptable as a rolution of the difliculty thero is one other which might be found offoctunl. It is this: Make every oontract inviolate, and let the Board expel every member who is found guilty of ‘“*running a corner."” FITZHUGH AND HIS BUDOET, The * biger man than old Grant,” who was recently ousted from his position ns Doorkeeper of tho House, docs not take his ousting in good temper. It is hiardly to be expeeted that he would. Onu does not like to havo the cup dashed from his lips just ns he begins to taste the intoxicating draught. Iero was poor Frrznuau, just beginning to realizo that he was * n biger man than old Gnaxt.” Tho Loy had just commenced to take hia hat and coat, The Democratic mem- bers were just beginning to lionizo him, to break for him overy time he went on the floor, and to pull him by the coat-tail this way and that. Iis *“frolicke” with the members and Senators had but just begun, Cox's affcction f6r him was in ita *worm" vernnl bloom, He had taken tea with the Kxnns but onca or twice. ‘The spanking turnout had not pranced about Washington but a fow times. Ife wns just gotting ‘¢ comfortably fixed,” Fay was beginning to have a good timoe, naud the friend from Texny hiad hardly arrived before poor Firznuait is notified Lo is no longer wanted, and, like Worsey, he must bid a long farwell to all his former greatness. And why ? Simply be- canso he wrote n letter and peaple lnughed at him. Of conrse he is just as much a repre- sentative Domocrat os he ever was. Ho in just as much a Democratio reformor as over, Thero was 1o objection to him on this score. The Democrats have known all the time that ho was under indictment for areon, stealing bed-quilts, and other little irrcgularitics, They knew it when they appointed him. Mr. Cox knew it when he grow so fond of him, The Kenrs know it when they invited lim to tea, All Washington knew it s lio rolled through the streots with lhis apanking turnout. The Democrats, howover, could stand all this, Theso little pecendilloes were not obatacles in the way of Democratio re- form, nor did thoy disqualify n man from being & good Democrat, cspecinlly 8 man from tho South, where indictablo offenses ara apt to bo taken ns characteristics of chivalrons manhood. But that the Demo- cratic Doorkeepor should writo a Ietter, and that the writer should be laughed at, and the letter should be langhod at, and the party which appointed him should be laughed at, was o mortal offenso. Therefore was poor Prrziovon ordered to quit. He is no longer “a biger man than old Granr." Tho boy who took his hat and coat even Inughs at him. w Cox has proven faithless, and his affections are bestowod upon a new Doorkeeper. Tho Kznns' teapot no longer sings for Firznuew. Tho spanking horses dnsh proudly by poor peripatotic Frrzivem, wearily trudging on foot, and Fax grows seedy. It is a sad thought that tho friend from Texna may have forgotten to bring the $200 with lim, and that he nnd Irrzimuon are subsisting on froo lunches, and putting their heads together to see how thoy will roturn to Texaa. Frrzavan, however, is a man of apirit. Ilo may have to be sacrificed, but some one will poy for it. During the short time he was Doorkeoper it is evident that ho did something elve besides frolicking with the mombers, supping with the Kenns, and hob- nobbing with Cox. He was Iaying up something for a rainy dny. Ho evidently fearcd there might come & time when his services as o Domocratic reformer would no longer bo appreciated, and that time hav. ing now come, e is determined that tho other reformers ehall pay handsomely for ousting him. It appears that other Dem- ocrats have been writing lottors and doe- uments; that ho hns these lotters and doc- umenta; that they arc of & scandalous and incriminating naturo ; and that he is propar- ing to unlond himself of them, That is right. Wo trust ho will, and for that purpose wo tender the columus of Tre TRIBUNE to him. Weo have always lada friendly interest in him, sud, now that he is of low estate and stripped of all his honors, now that old Granr is “nliger mon" than he, we fecl more than over interested in him, It is his duty to let the world know what these men have been doing who refusa to *“frolick " with him Unload, Frrznuan, any longer. forcibly the position of the present ndminis- tration with roference to the outatanding city cerlificates in a talogram which Lo sent yes- torday in reply to a Boston broker, and which wo print in another column, He dinavows bluntly any intention on the part of anybody connected with the Cily Government to re- pudiats tho payment of any part of thesa certificates, At the samo time le points out that they wore igsucd in violation of the constitutional limit of tho city dobt, na construed by the courts, and snys that the late City Government has left no money wherowith to redeem these certificntes at the present timo. Ho also says that tho present Government will not take up the certificates unlawfully issucd by other cortificates whose issuo would bo eqanlly unlawful, but will fix a definito time in tho futuro for their payment, aud will provide for it from the means that can be Iawfully used for that purposs (the uncol- lected taxes of former years) and specific ap- propristions to mect the deficiency. The only point on which wa differ from the con- clusion that seoms to havo been reached by Mayor l{orxs aud the Finance Committes of the Council is in rogerd to the term of tho postponement, Wa think it will not be necessary to put it off three years, if, in the moantimo, these outstanding certificates shall bo taken by tho ity in payment of taxes for 18756 and previous years, ‘Ahat course, which we commend in another arti- cle, will bring in a large part of the cortifi- cates, and assist efficiently in the collaction of the back taxes out of which they should be paid A sharp politician of this city, who attend- ed the State Convention, and poked Lis nose into about all the secrot undorstandings of tho machino politicians that managed mat. ters, suys, confidentially, that of the forty. two dolegates selected to Cincinnati (weuty- five can be depended upon to vote for some other man than Braixg, and the other man is not DBaistow. Io sayy that anti-Brang platform was not the work of accident or ig- norauce—that the individuals who invented it know what they were about, and intondod to rebuko Bran for defeating the Forco bill and makiog up the Wuzgrss. Louisiana Peace Policy Committeo and the Anti-Carpet-Bag Comittoo for Arkansns, He would not ny whother the twenty-fiva machine dolegateg wero for CoNrLING or MonTox, but thers wag a Now York Custom-Iouse officor in attond, ance at the Convention, and a good many Monton men from Indianapolis wers also there, and all worked like boavers to Prevent the passago of any rosolution inatruoting the delegates for Brarse. A largo erowd wanteq & resolution of instructions passod, but nong was offored. It is hardly possiblo for a crowd of peor- sons at a political gathering Lo catel the exact menning of n so-called “ platform » rapidly read off and put to vots without ox- planation or discussion and declared carried, Not one in ten renily comprehend the ng. sertions and declnrations of tho resolutiong read on such oceasion. It is for this reason that wo are not disposed to hold to very strict nccount Mr, 8, M. Curroy, tho Ra. publican nominee for Governor, for the fol. lowing remarks in his exuberant specch accepting tho prospective honors conferred upon him: 1t n scarcely necessary, or expected of me, that to-day 1atuuld engage inan attempt to elucldate the principles of tho present campaign. If the admirable platform which you have adopted, and towhilch I subrcrlbo In all [ta length and brendtn, wera not auflicient I {taelf, those principles writ. tenall over the history of the natlon In indelille and glorions charactera theough the past fifteen years would surely be, ‘When Mr. Cussow, next day after getting over the exhilaralion of the occasion, came to sce the mess of treacherons trash in cold type, he must Lave folt n littlo chilly, and wislied ho Lad not *‘mubscribed in all its length aud breadth " to the anti-BLaiNe rag. baby and bloody-shirt doctrine, His well. wishors will not hold bim responsiblo for the gush underthocircumstances, buthis political opponents may not be go lonieat, ——— Mr. Wirao, of the Journal, whowas ono of the Platforin Committea and had tho wool pulled over his oyes, is trying to explain away the moaning aud intont of that job of joiner work. Hosays: ““It isnot truo that the platform declares for soft money. It favors a sound currency, expressly deferring to tho Cincinnati Convention in regard to the best way to bring about resumption.” W search tho platform in vain to find any hint that it favorsany plan to bring about resumption, The author of tho rag-baby plank thus in. terprots the meaning of the fifth resolution: On the currency the platform, whilo speaking In favor of a falthtul discharge of all our natlonal ob- ligations, opposes any change In the currency which shall substitnte pretended apecie bank paper under old forms for the present Treasury notes, and declares that in greenbacka the Republican party has given the natlon the best currency it has over known, This doos not sound much like hard money or rosumption in auy form or any time. The proprietor of the Journal, who is o resump- tioniat, and believes in spocie payments, was ovorreachod and bunkoed in the Committeo, —e Unless something now unforesecn shall provent, tho five Judges of the Oircuit Conri will sit in danc next Wednesdny to hear tho srguments in the contest which Mr. Couviy has brought for Mayor Horve's place. Tho city is to b congratulated upon the proapect of o speedy decision in the case, as tho pres. ent complication undoubtedly ombarrasses tho worl of veform which Mayor Hovxe and the new Council have inaugurated. All pub. lic business is moro or less impeded, aud many projects for the public good aro held in suspenso pending this docision. All the lawyors in the case nnd tho fivo Judges should unite in providing the carliest possi- blo decision, which it isagreed on both sides shioll ba regarded as fiunl. The welfare of tho city demands unusual oxertions on all sides to bring this about. 'The Tllinofa resolutlona go boyond the mere mats ter of resumptlon, und pronounce aguinst the old State bank policy, "This may scem at fipst to Lo superfluons, but It wan really a very wise oct.~ Chicago Journal, Peopte will differ as to the wisdom of the act. The “old Stats bunk policy” was to redeem notes fn coln on presentation. TINs was donu by New England, New York, Ohlo, Indlana, Vie- ginin, and Loulsfana banka for many years, In some of the States tho laws were defective in regard to the security the banks were required to give for the redemption of thelr notes, But the intentlon of the laws was to exact coln re- demption for all bank notes. It {s that which constitutes the distingulshing feature between the exlsting system and tho old Stato systems. The present ono does not require coln redemp- tion,~nothing but scrip redemption,—and the platform flercely condemns “any leglatation which might cause o return to the system of paper currency in existence befors the War,” i.e., redemption of notes In coln, BrAiNe In his recent peech in Congress strenuously insisted upon a speedy return to specle payments, and corfdemned the whole rag-baby policy, which the Tltinots plank defends and would cternize, This {s golng beyond the mere wmatter of resumption with a vengeance, e —— Vicronta, Queen, and Empress of Indls, may now realize that she made a mistake fn not hav- ing assumed, ns the London Zlmes advised lher to do, the title of Padishah instead of Empress, Padishah signifies Sovercign of Sovercigns, and was precisely the title to make fmpressiun upon thy finaginations of her East-Indlan subjects, who know nothing of Empresses and such, But Padishal wouldn®t e placed her daughe ter BeATRICE on a par, according to the Court code of ctiquette with her slster, Her Imperial und Royal Highness the Crown-Princess of Prus- sla, and her sistenIn-law, Ier Imperiul and Royal Ilighness the Duchess of Edinburg. Now, VicToria, having digcarded what, in the estimation of her Indlun subjects, would have been the highest possibla title, the native ruler of Afghanistan, which adjoins British India, has himaclf appropriated the title of Padlshal, 50 s to outrunk Iier Royal and Imperial Mujesty. e et— Mr. Davip BLAKELY, in a leading cditoriul In the 8t. Paul P.-P. & 1, says in regord tothe Miss8weet charges agulust him: Ifu his been grossly mallimud, und hat th cur, rent statements of the uattire Of his transuctions with 3iss SwkrT arc a tisauc of fulachood from he- inning to end, with the single exception of the Eiipable fuct at the bottom of ko whole afalr that he ogreed (o uccept a_pecuniary consideration for renlgning hia ofiice, ‘Though he bolieved thle ot the ting to be as funocent a transaction as the transfer of any other proiltable business, the Ploneer- Press and Tribune docs ot hold [t 1o be the lexs Inde- fensible becausc it fsa very common proceediu among office-holders: but wo aru wure that a ful and lmpartial investization, suchaa ho dumanids, Will ‘whotly acauit 3. Brixsirof any such un: fairar dlslionorable treatment of Mias Swirt as has boen charked upon him, and will show that, ua the contrary, ho trested her with grest kinduess and generoaity. ——— Becretary Bristow, according to his ows statement, don't propose to get nervous over it. He sald to thecorrespondentof the Detrolt News who nterviewled him concernjug his Pres identfal candidacy: ‘It s o subject J cannot talk about. If people give themselves no more thought or uneasiness regarding that matter than I do, they will not Mo awake nights sbout {t. That {s a matter which I propose to let take care of ftsel.” ————————— The Democratic Convention In the Nineteenth Coungressional District of this Btate, now repre- seuted by W. B, ANDEuSON, the greenbacker, bave nominated R. W, TownssnD, of Gallatio County, and declared in favor of s speedy 5o~ tura to specle paywents, e ———— Fallowing the lexd of Roszrz T. Lincord, the son of President LinooLN, Urxssks S, GuayT, Jr., sou of President GRANT, has been aditted to the Bar, sad entered upon tho pro