Chicago Daily Tribune Newspaper, May 30, 1876, Page 4

re THE CHICAGO TRIBUNE: TULRSDAY, MAY 30, 1876. @he Tribive, TERMS OF SUBSCHIPTION. FATADLE IN ADVANCE—POSTAGE TRETAID AT * TR oreie X , postpald, 1 yenr. ’:"‘I "’:‘"‘ o B ety Foss four weel Bty EaNian: Eerary ana Pt ¥ year. "+ Tharta of year at WERKLY EDITION, The postage [ 13 conta Specimen coples aent free, ‘To prevent delay and mistakea, be sureand give Post Office addresa in full, Including Htate ind Canaty, Remlttances may be made elther hy draft, expros, Poat-Ofllce order, or in regiatered letters, at our ¢lak. TERMS TO CITY SURSCRIDLRS, Tially, det! rered, Sunday excepted, 25 cents per week, Dally, deitvered, Suiday incluiled, 30 cents per week Addtren THE TRIDUNE COMPANY, Coruer Madlson and Dearhor Chleago, 1. T AMUSEME Jinoley’s Theatres Jandoluh atreet, between Clark and Lasaile, **Fose Michel” New Chiengo 'Theatre, Clark: street, hetween Randolph and Lake, Houleys' Mbtrets. Waod’a Muwxetm, Parwell Halle Madizon atrect, hetween Clark and LaSalle. by the German MITitary Band. Concert TUESDAY, MAY 50, 1876, Greenbacks nt the New York Exchange yesterdny closed nt 882 The Republican Convention of Louisiann meots to-dny at Now Orlenns. Following the unfortunate inbit of the citizens of that Biate, nenrly overy parish (county) will bo represented by two sots of delegntes, about equally entitled to places in the Convention, A bolt will probably ensue, and the squabble eventually drag its unwelcome length into the untiounl body of Republicans at Cin- nati, Phesame dispntches which announce the discontinuanco of Turovonr: Tnosmas’ con- certs through an almost entire abseuco of patronage hernld the retention of Jubiles Ginyons: as dircetor of tho slam-bang ** mu- sical ” featn to bo performed the Fourth of July. ‘Tho enms of the Centennial ground- lings must be split with tho Bostoninn chord inmany gane, with sky.rockets in Ursa Mojor. That's flat, At tho closo of Ilanxey's testimony, Speaker Kenn put in a general denial under oath of the charges against bim, stating that ho was nob conscious of over having seen 11ansey Defore, nud wes positive he had never received Lim in his room, It will bo {l:e policy of the deferso to impench Ifan- xS evidence. and Mr. Krne's friends are £nid to be confident of establishing his in- nocenco end of proving that the witnesses agninst him have been guilty of perjury. Gen, SurnipaN’s orders from Gen, Sgrn- MaN to afford protection to parties returning from the Black Hilis aud fo partios engaged in transporting supplies thither aro likely to te enlled into exeention at once. The dis- pitelics this morning rocito that more par- ties nre leaving every day thon arrive in a vreek, and that largo numbers of hostile In- dinns are hanging around ready to attack whenover a good opportunity offers. All the young warriors lave left the Rip Croup Agency to join Srrrive Bonnin the North, aud the indications are that the troops mov- ing in that direction will have to contend oguinst the whole war force of the Sioux. The citizens’ meoting yesterday, with con- siderable unnuimity, adopted n series of reso- Jution advising that all the outstunding cer- tifientes Lo enlled in, and that the Liolders bo roquested to extend the timo of payment of tho same for a period of one, two, and three years; also, that for the certificates maturing on the 1st of June thero bo wrangemonts made with the holders for an extension, or, failing in that, that the banks of the city be requested to tako up such certificates, It was further recommended that to pay theso outstanding certiticates all the uncollected taxes bo pledyed, exeept so much ag may bo necessary to pny the interest ou the funded debt. A counter-proposition to renew tho old certifientes by tho issue of now ones was voted down. ‘The viciousness of tho certifi- eote system seemns to by genernlly conceded. Ex-Comptroller I{aves had the bed tasto to send to the Common Council lust evening n letter embodying his viows on the question of certificates and his objoctions ta the plan adopted by tho conferenco of citizens and city officers in tho morning. Mr. lHaves' lotter contained two nasumptions not in ac- cordance with tho faets—first, that he 14 Comptroller of tho City of Chicago, and, second, that ho alone is capoble of wauaging tho city financos and of preparing *‘n perfect pln of udministration,” The first js Ls gendens 7 the second has beensottled irreve ocubly in the negativo. The Council very properly declined to receive tho communica- tion, und signitied its estimnto of the ex- Comptroller’s viows by voting in divect op- position to them—by adopting the plun wgreed upon ot the worning coufurance, After two weelts of disenssion and debato the Benate Inst evening renched a final vote on the question of jurisdiction in the Iers xNAL case, 'I'ho decision was in the afirme ative, the Scnute determining by a vote of 47to 20 that it can exerciso jurisdiction, The question was not made a wirict party issue, several Itepublicans voting yea, and sbout au equal number of Demoerats voling agninst jurisdiction, The settle. meut of this question i regarded o8 indicstive of n protracted session, un- less the Democrats in the louse will congent to the postponement of the ime penclment trinl until sutumn, which thuy are not likely to do, as thoy count upon the Berryar impeachment as an important enm. puign ouxiliary. It is therefore probable thint the project of an early ndjournment will bo abandoned, and that, aftor n recoss cover- ing the two Natiouw! Conventions, Cougress Vill hold a continuous scssion throughout the swmner, ‘Tho Chicago produce murkets wero gene ernlly uctive and lower yesterday, provisions being very weak and groin casler. Mess pork was 65@s0¢ per brl lower, closing at $18.35 for June und HI8.77) for July. Lurd was 10@2G0 per 100 ths lower, clos- ing el $1L10 for June and $1L.80 for July. Musts were d@je per b lower, at Gfo for buxed shoulders, 9§¢ for do short riby, aud Ulo for do short clewrs, Luke freights wero mmore netive, at 2)e for wheat to Buffulo, Rail freights were dull and un- chunged. Highwiucs were firar, ot $1.09 per gallon. Flour was in light demiaud aud steady. Wheat was active and closed 1o Iower, nt $1.07 cash and $1.07§ for July. Corn declined }c, closing at 45}¢ for May and 43¢ for June. Onty declined {@Jc, closing at28)e for May and 23jo for June. Iyo waa firm, at 70@70}e. Darley wna irregular, closing at 70c eash and Hi@3s5e sellor June, Togn wore dull, and closed weak nb 15@200 decline. Cattle wero inactivo and wenlk, with sales at §3.00@4.90 for poor to choico. Bheep were in demand at Saturday's quota- tions,—%3, 70@4.50 for choice. One hundred dollnrs in gold would buy 112,87} in green- backs at the close, A lieavy shrinkage in provisions has been going on during the past two weeks, prices having declined abont $2.50 per brl on pork, 24 conts per pound on lard, 1§ conts per pound on ments,—an average deo- creaso of nbout 16 per cont. Bevious losses have rosulted, though up to this time but three failures have oceurred, 'The fenr of n goneral collapse in the mnrket has made it wenker than it otherwise would have Leon, he effect being to inerense the number of those anxious to sell. 'There ir, however, good reason to believe that the worst is over, but not muich promise of an immediato improve- ment, o8 tho break in prices appears to have influenced farmera to hurry forward their hogs rather than risk n further decline. Ex- perienced and cnutious operators lad for somo time regarded prices ns too high for safety, and had held aloof, nud the decline has soriously hurt only the more venturesomo and speeulative parties. 1t is believed that the consequences to the trade will not Lo more disastrous than they have been alrendy. e There in romething very dreadful in the dircetness and circumstantinlity of tho story told by Han: relative to his having paid Speaker Kean $430 during the JonxsoN Ad- ministration to seenre the appointment of a man named Gueey, of New York: to the army, Mr. Kern has olways enjoyed the reputation of nu honest mau, nnd his clee- tion as Spenker bas been regarded as the fairest thing which the Democrats in Con. gress have done. If he be successfully im- peached a8 a Congressionnl bribe-taker and oflice-broker, his downfall will be as much of n nationnl disgrace as was that of Benxwar. ‘Wo have no desiro to make party capitnl out of this nffair. Wo sincerely hope that Speaker Kinn mny bo able to viudicate him- gelf; but the eonviction is almost forced npon us that ho took tho money. Tho story which 1{anvey tells is too explicitand straight- forwnrd to pass for au invention, and there is ou absenco of all reason or mo- tive for inventing it 1o says that Greey paid him (Hansey) $410 first, that ho (liarvey) ndded $10 to this, that he handed the £470 to Keng, who put it in his pocket, aud that GREEN, after he got his ap- pointnient and Lind gone homme, remitted Han- ~EY the £10ho had ndded. Mr, Krun's frionds claim that ITansey, having represented to Greey that ho had paid the money to Kene, now swears it through to protect himself, As agninst this, it will ‘o regarded us strange that Kear should have gone outside bis own disirict and State to mnko this army appoint- ment cfter his first appointment bad failed. Yestorday Hanyey gave his evidence in the presence of Kenn, and never wavered, though subjected to a searching cross-examination, Tlansey, it appenrs, is not a voluniary wit- nesy, but has been reluctantly compelled to tell the story, and, unless Mr, Kenu ean find seme menny to domonstrate that he received no moncy al thay timo, and that Hanxzy is unworthy of credit, wo do not sce how Con- grens enn decontly avoid the duty of expel- ling their Speaker,—a national disgrace with- out precedent. BLAINE AND HIS8 ENEMIES, Tt has been the boast of Christinu civiliza- tion that tho great Awmerican peoplo, nftor o desperate war of four years, in which tho snerifice of lifo and treasure was unprece- dented, re-established their Union on a more enduring busis, returned an army of n mill- ion of men to the pursuits of peace, and put their freo institutions in full operation with- out the taking of one human life, or the con. fiscation of & dollar’s worth of property, as punishment for tho rebellion against the Government, It was a grand triumplh of pence, humnanity, aud national fraternity over all the fierce passions and hatreds which aro the uaturnl product of a civil war, It has been one of the prondest ovents in the bhistory of the Republicthat the moment tho dofeated army had laid down its arms the whole Amcrican people instantly hecamo united, and that neither courts nor seatfolds wero enlled upon to punish oven the great- est of the many traitors, There was not a stain of Llood upon the white banner which Tenco unfurled over tho ngain united Ameri- can people, ‘I'ho monngern of the Iato Repnblican Con- veution in this State have put forth, in the nume of tho Republican party, tho extraor- dinary declaration **thatthe poliey of lenieney by the tepublican party toward the people recently in rebellion ngninst Federal anthor- ity s resnlted in the death by violenco of at lenst 5,000 Unionists, white and black, sinco the commencement of the present policy of reconstruction,” and it is but proper that the false, wmnlicious, and seandalous statement should be denounced and rebuked, T'ur 'I'ninuye hoas dons so, and the men who practiced that frand charge that Tk 'nip- uNzis acting under tho mortification that Bravg, and not Bumstow, delegates were #elected by the Convention, 'ne Cnicado Tnune has expressed the opinion that, tuking all things into consideration, includ- ing civil-servico reform and the certainty of kuecess, Mr, Busrow was the maost digiblo eandidate proposed to the Cincinnati Con. vention. 'We have regavded his nominntion ns the most ndvisable, becauso there would bo no defense necessary in his cise, Ilis own nume and record are thoeir own defenso, and put assanlt st detlance, Ifis personal’ aud ofilcinl integrity is known to the people, whilo bis abilities are conceded univorsally, Wo have not opposed Mr, Bramve. We havo regarded him asonoe of thetwo candidates who wera to bo preferred to all others, and if Mr, Buisrow appeared to s to be the stronger and more advisable person to nomiuate, we by 1o means considered that it would bo im- possible to rully a majority of the Amcrican peoplo to the support of Mr, Busane, We have regorded that in certain pivotal Btates, such as Obio in Ooctober and Now York in November, Mr, Busrow wonld place suceess boyond doubt ; but we have never thought that with Mr. Braine thero would bo peril- ous danger of defeat. Ho ds o man of largo and liboral views, n great favorite with mul- titudes of peoplo, widely known and ad- mired, o conspicuous man in the history of the lust fifteen years, au admirable executive oficer, a warm-hloaded, geninl, and expo- rivnced statosman, who would sdorn the of- fico of President. T'ug Ciicavo Tuisung will cheerfully and enthusiastically support him if ho be nominated at Cineinuati, The very ressouw, however, which gom- woud Mr, Brane to the Awerican p%?plu nre, that from first to last ho hea beenn stronuous supporter of that * policy of leniency ” which the rocent Convontion so flatly denounced. Ho has supported nll the mensures of reconstruction, Aided largely by his efforts, each ono of tho Rehel Btateshns been restored to solf-government, brought back within the Union, and the people re- habilitated in political power. 1o has formed every nmmnesty bill, and tho latest and grandest offort of his political lifa wns n ten- dnys' strugglo to remove overy political dis- franchisement resulting from the Rebellion, oxcept in the solitary instanco whero tho subject had forfoited hmman respeot by his crucltics to prisoncrs of war, Mr. Brame hns won a warm place in the hearts of right- thinking people by his opposition to Foreo bills and civil Governments adminis- tered by men with bayonets, e has left tho ** bloody-shirt " to BuTren and the car- pet-bnggers, and addressed himsolf to tho work of penca and roconeilintion, the rebuild. ing of n harmony between the races, and the establishmont of Govornments sustained by the popular sentiment, The statement that this * policy of len- iency " has resultod in the murder of 5,000 persons ia nlibol on the Republican party. It i n falsehood of the most glaring charae- ter, and known to be false when written, for A purpose, in this platform. It was nmali- cions libel npon Mr. Braive and tho Repub- lican party, by whom that policy of leniency has been sustained. Instond of that policy having produced the murder of 5,000 Un. ioniats, it hns spared the country the contin- uous mnssacre incidental to an internecine war of races. It has mitigated hatreds, has Lroken down prejudices of long standing, has reconciled violent differences, aud pre- pared the way for an eventual peaco and concord all through the South. It has res- ened the Southern States from an inlormina- ble domestio strife of the bloodicst charne- ter, and hins established peaco and order and safety to lifo and property nll over tho once disordercd States. Mr. Bramxe is largely re- sponsible for this policy, and the resolution of the Convention denouncing that policy as resulting in murder is a mean and malicious stab at tho mau who gave peaco and good Government to Louisiana and Arkansas, The allegation that 5,000 Unionists have lost their lives by violence is of itsclf grossly and wildly exnggerated. Thero have beonbut faw battles in the worlil's history whero one sido has left 5,000 dend men on the tield. In the battle of Waterloo thero were not more than 5,000 men killod in nction. At Gottys. burg, which terrific struggle Iasted three days, neither side loft #,000 dead men on the fleld. At Lloody Chickamaugn the Union logs in killed fell short of that figure. How absurd, then, to declare in n platform that 5,000 Union men have been killed in tho South in neighborhood fracases. But sinco when? Certainly not since tho WaresLER com- promiso in Louisiana, when the ** policy of leniency” was fairly inaugurated,—not a fiftieth part of 5,000, The Convention as a whole was in favor of Brame, but the authors of this platform did not want BLAINE ; they wero in tho sorvice of nnother person. Not daring even to mon- tion the name of their employer, they formed this platform to denounce Braing, and to exalt the man whose principles and policy that platform fitly represonts, ——————— ‘WHERE THE REAL REPUDIATION I8, In endeavoring to sprend nbrond the im- pression that the new City Government con- templates the ropudiation of the outstanding certifieates of indebteduess, tho Corviv gang have been nctuated by two ignoble purposes, One is to hnmper and embarrass Mr. Hoynr's ndministration by overy pos- #iblo menns, and defeat his efforts to reduce oxpenses by lopping off usoless oflicials and oxtravagant departments. ‘The other is by raising & hue and ery to divert public atten- tion from the only real, practical repudintion which has sppeared, and which the Convix gang havo committed in the most shameless and hoartless manner, viz. : the repudiation of tho debts duo to the employes of thu city for mervices since December last, The Corvix ndministration left a debt of this kind of not less than $1,000,000, without any provision for its payment, and without amy concern for tho sufforing that ins grown out of it. During the six months that this debt hes been accumulating, some ¥1,200,- 000 of tnxes have been collected by the city, and not one dollar of that amount has been paid out to the men who have protected the city from fire and plunder, who have guarded its bridges aud publio works, and who have enabled it t keep its schools open. Mr. IIAvEs has been ongaged all this time in **shinning” and “kiting " to sustain the credit of the city, forsooth, which, likoe some bankmpt speculator, hns paid off one note by giving another, and meanwhile has supported his usual “stylo™ at the oxponse of uupaid em- ployen, The new City Government does not pro- pose repudintion in any form, but it does propose to sbandon the **shinning” busi. ness, aud also the inhumane policy of with. holding wages for months from a class of people who sorely need tlheir pay as fust ns it becomoes dno. Thoe only peoplo who are askod to wait for their money aro those who invested their money originally to draw in. terest, and who will be abunduntly able and entirely willing to keep it invested a while longer In the samo socurities, Even this do. Iny would* not have been necewsary it the Gowviy administration had collested the taxes aud husbanded its resources, Tut My, Corvin, with the assistance of Mr. Haves, ina consented ta o rapudiafion of the wages due to employes. No arrangement has boon mado to puy theso poor men any interest on the money duo them, ‘L'heir eredit and their ability to live without getting the money ue then aro things that bave not tronbled the late Mayor and the Comptroller, Polices men, firenen, school-teachers, bridge-tend- ers, clerks, laborers, nnd city employes of every desieription, have heen mortgagingtheir personal effeets, lave been pawning their keepsakes, liove been paying usurious in- terest, have beennold out, have been left without money to buy food, clothing, or medicine,—and this is whot Mr, Haxes eally * wustaining the eredit of the city.” Wo call it ropudintion of the worst description, and all the shinniug in the world wou't wipe it out. T'he simplo condition is that the Corvin gang have left the city in debt over $6,000,- 000, and not & dollar to pey it. In this emer- gency tho payment of a large part must neeessarily bo deferred. ‘Tho now City Gov- ernwent hos wisely and humanely decidod to postpono that part of it for which thero are outstanding interost-bearing ovidonees of in- dubteduess held by persons who would seck o similar investment for their monoey if they shiould receiva it; and to pay fimst thoso debts which have long boen due for services, which are not represunted by notes or certificates, which Dbear no interest, aud which are dus men who ure actually suffering for the waut ot their money, Judged by ordinury busic ness axporience, the credit of Chicngo will bo much bettor under such n policy than it haa ‘beon whilo tho ity was ko notoriously hard- up that it could not pay the clanorous em- ployes, and went shinning round the coun- try to take caroof its outstanding paper. Tho only actunl repudiation thero has beon in Chicngo is that practiced by Mensrs, Corviy and Haves, which the now City Govornment proposes to abandon. ———————— BLAINE OR CONKLING! T the Editor of The Tribune. Tocr Taraxn, 1., May 27.—~Would yon please ate throngh your paper fn what respeet Mr. TLALNE I8 superior to Mr. CoSRLING 08 A stales- man? T rce aa hetwoen the two men you atrongly prefer thu former as candliate for the Preslden- ey, while many here mumlder them very shnllar— Doth very able men nnd homest, but would stand and ace the Government swindied out of Jta Inst dollue without doingn thing or mising thelr vaico to preventit, It they thouglit 1 would hurt thelr party or thomaelves, Thustow I8 the only man In whom tho people here hiave any confldence ns a re- former, Respectfully yours, A REPUDLICAN. Rerey.—Whilo we fully ngreo with our correspondent in the conviction that Mr. Buustow is tho best man nt the present time to command the confidenco of tho honest masses, and to excite their enthusinstic sup- port almost without Wistinetion of party, wo cnunot ndmit that cither Mr. Cosxrie or 3. Brawe ¢ would stand nnd see the Gov- crumont swindled out of ity last dollar tith- out doing n thing or raising » voice (o pro- vent it,” even for partisan or personal con. siderations. T'his is going nltogethor too far, sud nothing in the public career of either gentleman warrants so brond and sweeping an assertion, At the same time. it is plainly opparent that Mr. Bristow would receive tens of thousands of votes throughout tho entire country outsido of the Republican party which will not be given to either Brawxe or CoNkring, bocause he is actively, practicatly, and energetically identified with the work of reforming the public service, and beeauso the people of the conntry, inde- pendent of party, ave demanding this work in preference Lo overything else. As botween Braine and Covgrixg it is an ensy mnttor to define the preference of Tue TriouNe and of the Western people for the former over tho latter. Bramse is a nntional oy, CoNkLiNG # scctionnl man. Brae was born and raised in Pennsylvania, lived for n long time in Kentucky, is now n resi- dent of New England, and is intimate with Western men, snd familinr with Western character and interests, Coxkuixa i8 a haughty, exclusive, and selfish New-Yorker, who in his entire public career has failed to dovelop any broed compreliension of the di- verso interests which make up so lnrge nation, extending over so large a territory, IIo has been o parsistent opponent in the Sennte of legislation in tho interest of the West. He opposed to the Inst.the proposi- tion to mako certnin Western cities ports of entry to facilitato direet importation at interior points,—which was utterly selfish aud sectionnl, 'Thero is no charge of this kind to lny ot the door of Mr, Bramve. On tho contrary, while Spenlker of the Ionse, ho was so broad and liberal in his views to make him cqually as popular among Western members ns nwmong tho members from his own soction of the country, and this fact has greatly contributed to secure for him so large n backing in the West as shown in tho Btato Conventions. Mr. Coxxrxa is also ono of the * bloody- shirt” mon. loisin favor of treating the Southern States ns conquorod provinees, and notas an integral part of tho American Union. 1o would sustnin the rulo of the Ropublicau party at the South by the bny- onot, and would lot the earpet-baggers wasto tho substance of tho Southern people and de- feat their offorts at recuperation if the votes of these States coulil thereby bae retniucd for an Administration. Mr. BraiNe, on tho con. trary, has no sympathy with this kind of politien. It was under his Spoakership and by the Conmmittees ho appointed that tho Louisinna and Arkansus complications wero straightencdont, 1lownsinainly instrumont. al in defenting tho obmoxious Forco bill which Mr. Conxuizo had done so much to secure, and which, had it become alaw, would havo rendered the dofeat of tha Re- publican party certain.at the North, if not ut the South. Mr. CoNzuve wag instrumontal in the shamefal act of doposing Mr, SuaNen from the Chairmanship of tho Bonate Foreign Committeo, ny o punishmont for Mr. Sux- NER'S refusal to join in the support of Ban- cock’s San Domingo nimexation schemo, and there ure friends and admirers of Mr. SusnEn all over the country who will not forgive CovkraNo for tho wrongful part he took in that matter, Nor do the peoplo of the West care to elovnte the CameroN family on the shoulders of Mr. Coxkrixa, nor Mr., Conu- L18a on thewhouldors of the Ganeron family. They do net upprove of ‘auy such trado as that which seetus to have given Don Careuox his seat in. the Cabinet, For the rost, Mr. Brawseis by far the warmer-blooded of the two, and kas cloments of popularity of which Mr. CongriNg is entirely dovoid. Ho is in every way closor to the people, and wounld be mora thoe President of the wholo country than Cenkring over could be, with hisnatural imperiousness and his confirmed sectionalism, I'heso uro remsons enmomgh, though not all that could be given, why tho Woat should prefer Braisg over Congring, THE 8CBEKCK REPORT. The roport of the Ilouse Committes on Torcign Affairs in 1clation to the Bmma Mine seandul, while it doos not conviet Gen. Bouexex of fraud or any intontion to commit fraud, nevertheloss presents o sweeping in- dietment of him for official impropriety aud wisconduct that oaght to have resulted in bis ramoval long ngo, and reflects soverely upon the conduct of the Administration in bolstor- Ingg him up, "I'ho following points from the ofticiul roport contirm ue in this gencral state- ment: 1. Gen, Bouexck beeame a stockholder and Directar in the Emma Mine Company while Minister in Loundon, it being ¢ the first occa- sion in which a diplomutis yopresentative of the Government of the United States hns al- lowed himsolf to become associnted, while acting wi Ministor, in u private onterpriso, enrried on in his own country, but offered for kale in tho country to which ho is me- credited.” 2, Avuest GraxT, who was well known for his suceess m floating new companies upon the English market, undertook to float the Emma Compuny uponsatisfactory assurances that Gen. Bouexcx would becoma Director, and would Jend *‘the woight of Lis name, given in adfition to tho influence of his po- sition,” to tho undortaking, and Pauk adwmits thut the contraa, with (iraNT was not sigued until after ho had procured tho conseut of Bonexex 4o join tho Board of Directors, 8. The tewptationofferod Gen, Bcuenck was a stroug one. 1la was to become a subscriber in the Compauy to tho oxtent of 500 shares of the valuu at cost of 50,000, with the undorstauding that ho should nob provide uny monuy, but should have the amount for ono year without intervst, PAng guaranteing adividend of 2 per cont per mouth while he hold the stock, and that ho wonkl at any time tako back tho shares at their par value on the requost of ‘Beuescr. In addition to this ho wns also to recelve.§2,500 per annum as Dircotor's ralary. 4, 1Mo yiolded tosthis tomptation, and be. came 8 Direclor, and, aa tho report snys, “joined in tho invitation to the public to subucribo for ita shiares, without informing the subscribers that his dividends had boen guaranteed to him, and that his shares hnd boen procured by provious arrangoment, withont any risk of loss to himself, from the fact that ono of the vendors had ngroed to tnko the shares off his hinuds nt any time at their original cost.” 5. Aftor Seeretary Fisn had requeated him to resign his connection with tho Compauy and placed him in position whero ho must cithier resign s Mmister or as Dircctor, he- choso thelatter, His formal resignation wns sont in Dec. 6, 1871, but was not made pub- lic or communicated to tho Bocrotary of Stato until five woeks nftorwards, thus lay- ing him open to tho suspicion of playing into the hands of those who wero spoculating in tho stock, and were interested in main- taining its markot value. ¢, Besides baving beon n Director in the Emma Mining Company, Gon, SCHENOR Wa9 engnged in speculativo oporations in the stock with Pank, the vendor of the mine, and with Gen. Wooviury, his Seccretary of Legation, besides using his other Secretary ns n Lroker to watch tho fluctuation of the mrket and sell his shares. ‘I'heso six points ara puffbzient. They fully confirm all that Lins hitherto been st forth in Tne Citioaso TRimuNk respecting Gen. Sunexcg, and shows that its demand for his recall was warranted, 'Fhay show, in con- noction with othor facts in tho report, briefly, thnt Gon. SBonrnck became s Director in o mining speculation, and used lis official po- sition ny a voucher for it, finding bis reward inw privato arrangoment by which he held stock and drew the dividonds without invest- ing nuy money or taking any risk; that in his final settloment with Panu ho transferred stocks to him upon which he continues to draw dividonds ; aud that upon leaving Lou- don ho was forced to plead his diplomatic privilogo ngninst the sorvico of a writ ina civil netion growing out of his connection witl the Company. While there may bLu no taint of fraud in all this, and whilo Gen. Scurner mny not knowingly have defrauded othery, tho indictwent is Tinrdly léss ‘sweep- ing than if hio had beon guilty of actual fraud. e was the causo of’ grent disaster to muny in England who juvestod on the strength of the indorsemeut of tho speeula- tion by tho American Miwister, nnd he has brought reproach upon tha American namo and the American Government, which it ought long ago to have naented by public roproof of its Minister. (ion. Scnexck, as he alleges, may have believed that ho was doing right, mny Love had nbsoluto faith in the valuo of tho mine, snd thought that thoro wns nothing impropur in his proceed. ings, but nman pousessed of such poculiar notions as theso should nover again be trust- ed in oflico under the Governinent. ENGLAND'S WAR PANIC, The' political barometer of England had s decided fall on Snturday lost, indieating n storm aliend, 'Thero wns & ponic in tho stock-market, and tho RormimcizLoy, who aro keen.abservers, of political eveonts, sold con- #ols to the atount of $5,000,00). Tho on- tiro list of investment sccurities, even in- cludingtho Ameriean, suffered from tho fall. The Now York Iferals cable dispatch ro- porta that Turks declined 8 to G por cent, Egyptinus 5 to 8 per cent, Hungarions snd Russinns 3} to 7 per cent, Spanish 9 por cent, Buenos Ayres 6 per cent, Drozilinns 2 to 4 per cent, nud Argentines 2} to 3 per cont. It was o Black Satardsy. The Con- tinental Bourses sympmthized, and in Paris the Turkish, Egyptian, and Danubian securi- ties wero mnterially atlucted. Following upon theheols of this paniccomoy the anouncement, that the Euglish Governmeut hassent an - mense amount of ammunition and war-wateri- nl to Gibraltar and the Mediterranean squad- ron, that all her naval monsters now in the yards are being rapidly pushed to completion, ond at Lroxyp's insurnnces for soveral days past have been mado to covor war risks, All this indientes that the war-cloud which n fow dnys ngo was hardly bigger thana man’s hand is now swddenly assuming for- midable proportions, and that Eugland, find- ing herself in a bad way, is hurrying to muke sure her hold at Gibraltar und Multa, which is the present koy to the costern shoros of tho Mediterranean, England fins no jmme- dinto interest in the Herzegoviniau rovolt, but sho has n direct intorest in the Enstorn question and in the attitude of Russin towards Turkey. What that attitude is, becomes clearer evory dny. Appnrently siding with Austria, aud counscling for peaco, her emis- saries aro exciting disaffection all through the Sclavio provincos, and helping the insur- gents with war.material, Russia holds Ser- vin, Monteneyro, Bulgaria, and Roumania, roady to lot them go at the proper time, at which timo sho will seizo the custern prov- inces, leaving the western to Austrin, und forco ber way down to Constantinoplo. In this movement lics the dangor to England. Once at Constantinople, Russin commands the Bosphorus, affording her un ontlet from the Black sea to tho Meditorrancan, thus threatoning the 8nez Canal, both by water and land, und compelling England to oceupy Alexandrla in order to defend her routo to the Enst. A writer in Fraser's foreshadows this move of Ruskis, which England is now trying to ofieot by strengthening her position in the Meditorranenn. 1Mo says: Contirmntory proof that this fs the purpose of Rusela comes us wo writo In the news that she han ardercd thisty-one vessels of war to be prepared for the Ilack Sea, 1o addition to the armaments already there, Same doy, when sho thinks things Tipe, & sudden move will be made und o longepre- pared stroke struck thut will startle everybody in England by its unexpectednews, Then everybody will say, **How like Mussln that wasl Itis just what we mghit huve looked for.” Anadvauco into the disturbed distrlcts,—a descent on Constau- tinople,~both these events aro probubllitles of the coming sesvun, should Ruseia bo tempted Lo think Ahat thls thoo they can be done without s war with the Westorn Powers, Whethier sho will think wo dupends tu some degees on Austria, (o somu do- gree also on Uornany, but, we venture to say, wust of all on the sttitude of Englaud. It is evident that England cannot oxpoct anything from Austria or Germavy that will stand as un obstaclo in the way of the Rus. slan programme, Austria will be coutent to take the emstern provinces of Yurkey and givo Ruasia tho western, and also the control of tho Bosphorus, The Austro-Hungarian Empiro is not a unit, "The Germanle and tho Helavio portions have mover pulled togoth- ¢r, and the House of Hapsburg would not hesitata to throw over the Germanio portion it it could found a great Pan-Helavonio em- pire, Itls tho knowledgo of this willing- ness that leaves Biswanck in such o happy situation. He will not help England by in. torference with the designs of Austrin or Russin, since all ho kay to do is to ut otlll, and Cermanio Awitria falls into hisInp. From Italy England has noth- ing to hopo, since Italy hns given in her ad- hesion to the policy of the three Powers. In tho case of Franco, the outlook of England is still moro despernte, for although I'ranco has no interest in'the Eastern «uostion, aho hasa dircot interost in Ligypt, which In. gland proposes to take as hov share of tho goneral loot, and also ns indemnifieation for tho 'Purkish debtedness. Franco, there- foro, will in all probability side with Rtussia, 80 far as tho Egyptinn ¢uostion i eoncerned, and will bo nll the moro ready to do ko sinco by her allinuco with England against Russin in tho Crimean War she lost the help of tho Intter in the Franco.Germnn struggle. Bho will nover again make an allinnce ngainst Rtussin, It is too expenslve, With Germany, Austrin, Russina, and Italy allied togethor, nnd Fronce hostilo to hier de- sigus, there is little danger that England will Lo involved in war. Sho mnay sond her floct to the Mediterranean with the hope that Rus- sin may look upon it as n protest ngninst her occupation of Constantinople, but beyond this sho cannot go. To onter into n contest ngainst this combination would bo suicidal. Her position is almost pitiable. Her greed in seizing upon tho Sucz Cannl shares asn commercinl speculation has made the Enst- ern question insolublo cxeept by war. It has roused old jenlousies; lns excited Rus. sinn ambition to have Constantinople if En- gland i to have Egypt ; hias incensed Austrin; has stirred up Franco to get in readiness to defond herrights in the Mediterrnnenn, and especially in Egypt, and has virtually lengued the four strongest Powers in Europe agnnst lorself. Even if she should acqnire Egypt, what doos she get? A Dnankrupt vation. Fhe samo writer in F'raser's, to whom wa havo already alluded, says The Khiedive, 1ke his master, has lied all through a8 to lils rexources ani his spendings, but our oy~ ernment gives us littlo ground for hoping that it will see thig, Composed mostly of simple-minded country gentlemen, fed by & man of un fmaginn. tion too Orfental not to throw o halo as of Arabinn Nighta' ramance round things Turkish und Egyp- tinn because they belong to the welrd Enst from whence he came, they are teo likely to fail to sce the poverty of the countey, of the wretched felluheen, taxed till starelug and overworked to denth, drive by the Jash to labor on the over- mortgaged estates of a upendthrift hankropt mas- ter who rolls In senvnnl luxury, who thinks noth- fing of tempting the virtue of slugerdat his exotic tawdry opern with gifts“of £10,000 ot a thme, whowe areay of alaves and cunuchs, of wives and concubines, almost ontdoes thot of the Sultan, 1t, forgetting theso facts, our Government again phinges Into the Egyptian darkness, the tenston tn Enstern Europe can hardly fafl to enap, and war to follow. + + « Asumial, we fear that the course wo shall take will depend upon accident more than on deslgny but 0 fur o8 regards Egyptitfs just pos~ ulble thut Its debt way be big enough to frighten cven onur sanguine Mindstry and make them keep hands off. ‘Phey have had a lesson thers fn many ways, and ought to have o juster measure of kn- glish power and Engllsh responsibllities ubroad thon they had before, ‘I'he panic on the London Exchange and tho decline in consols indicato clearly enough that England fears war ; but, from tho dispatch of the flecot and war-mate- il to tho Mediterranenn, it does not fol- low that Eugland will be an activo partici. pator in that war. When the owmergency comes, sho will back gracefully down nud re- tiro out of tho grand stand to settlo her Egyptian squabblo with France in the side- show, During tho meoting of business-men and members of tho City Government lheld yes- terday morning, Mayor Iloyne took oxeep- tion to vome remark made by Ald. Tanoor, and in replying to it stated that if two-thirds of the Council wanted him to stop out of the onerous office ho held he was ready to do so, 1t ia to Lo regrotted that the Mayor hns fall- en into a disagreeablo habit of spenking of resigning, or of professing n willingness to vacate bhis oflico, whonever any slight differ- onco of opinion arises betwoen himself and hig ndvisers, ‘Tho people did not cloct Mr. Hoyne to have him resign in n wmonth. When he necopted the nomination he know very woll that there wero stormy times ahiend of him, that ho would havo much trouble fo meot, and many disagreeablo things to on- counter, which # would requiro coolness, persistonce, clearncss, nnd courago to over- como, It iy thereforo out of place nnd improper for him to bo proposing to resign upon every slight provocation, In this respect ho will do well to imitate his competitor, who neither resigns nor intimates o willingness to do so. Wo hope that Mr, Ioryn will refrain heucoforth from theso intimations of his readiness to nbandon the struggle. 'L'ho question is in the courts, and it will bo sct- tled there. If thoy say ho is not the lawful Muyor, then he ean step down and ont, If thoy say ho is the lawful Mayor, thon it iy his duty to hold on, no mattor how disagree- able the position may bo, or how serious the obstacles ho may have to overcome, But above nll things, no matter how great tho provoeation, let him Lecp his tomper. A suspension of work is announcod at the Union Rolling Mills, which throws some 700 men ont of employment, 'This would be bud enough in itsolf; but the faot is made worse boonuso this suspension Lns been brought on by a strike of 220 men in tho steel department, who refuso to resumo work unless their wages bo incrensed from 10 to 25 per cent, It is almost impos. sible to conceiva that any sct of men ean ba so ignorant and foolbardy as to take such & position at the present time, Tho works were closod during the entire winter, and wll the omployes who have been idle ure or wero in dobt. Yet, after a month's work aud a prospoct of oarning a living for their families, they voluntarily resume their idle. ness and increnso their necessitios to “sirike™ for higher wages, which the condition of the iron and steel trade will not warrant, "Those ontitled to most sympathy are the laborersin othor departments who aro thrown out of employment as a consequenco of the strike among tho stoel-workers. The wages rango from $2.60 to $6 n doy, and 700 poor men are losing at that rato, whilo thoir familics are doprived of the very mecessitios of life, Of courso thero is no law to compel the “gtrikers” to resume work even for their own good, but the police shonld koo to it that the Cowmpany is protected in putting other men in their places, if this course bo duclded on, in order that those who desiro to carn o living for their familics shall not be Qeprived of that privileg: Btill another Congressional investigation into alloged bribery and corruption. 'This time not of charges startod by tho Whisky Ring ogainst Brisrow nor of tho corruption of any Ropublican Congress, but to ind out who shared in tho $800,000 which, it is stated, was expended to soouro tho passnge, by tho presont Democratis Roforin House, of tho Hawalian ‘U'reaty bill. It will bo ve- wembered that, in his specch in opposition to tho bill, Judge Kyrrey intimated that woney had been used to put it through, and s0 much hos boon said about it that tho in. vestigation bhad to be ordored. It would not be surprising if the inyestigation should de- — e — e volop that tho £300,000 in question wag quietly nbsorbed by eminont Democratio ro. formers somowhore about tho timo wiey, they woro so zonlonaly nosing out Bristow's privato practico as a lawyer fu order to maky out a cnse ngainst him. ——— Capt, LAY’8 Infernal machine, which 4 nbw helng experimented with nt Washington, 1f (¢ docs half that i promlscd for 8, will practieally make an end of naval warfare, for no armor nor guns would avall agatnst it, and (L would destroy any vessel that conld be set nflont Lefore a sty glo shot could be fired. Tt conalsts of a smaly submarine, cligar-shaped eraft, propelled by chemienl engines, and steered by ntelegraphie apparatus communieating with the shore or sl fleet crufts from which the machine fg lannched. It carrles o barvel and a half of Ay- namite—ecnough whenexploded under the larigest fron-clad ever launchied to blow her to atoms aud the dynunite also 1s_exploded by cieetrienl current transmitted through o wire connecting with the shore or vessel from which the machine 18 launched. Al that g4 necded to sink the most formlduble navy afloay I8 n fleet tugs or two equipped with, say, u dozey of these machines, which vould be launched be fore the tug got within range of the vessels to be destroyed, und propelling themselves under water with plmost Iueredible speed, conid he stecred Dy tho telegraphle apparatun divectly under the hostile shipa and exploded by ny elge trie spark Lo destroy them, Should the niaching prove equal to this when it gots Intu uee, s shortly it would smong all natlons, naval hattles would no more he thought of than battles |y bulluous, . The funcralof the Rosleructan and theosophist, the Inte Baron br Paus, though wholly out of the common sort, was less fuutastie, n fact, than had been given out it would be. Doubt. less it would have proved wholly uninteresting hut that the theosophists made it the oeenston of a mther grotesque advertisement of their philosophy, which has nothing peculiur about it outside what Is embraced in their vitual for the dead. Indeed that ritual seems to be about all there Is of the theosophs. It s evideutly the result of claburate reseucch, 8o exhaustlve thay they got no further dn tho evolution of their philosuphy. Now that it hins been gone through with und {3 all over, the questfon which at lasp must recur Is, What inatters it what dispositioniy wade of the clay from which the soul has (. and which no human art ean keep from heing resolved into its orlginad elements? And, after all, what §8 the value of all the funeral cere monles that can be lnvented a8 compared with auything that fu the least alleviates the suffer- fugg of the lying, dimintshes vice or erine, of plants kuowledge In the placo of ignorauce s e PLRSONAL, Jennie June snys that onr Baron Do Palm leg property extimmted to be worth 8100, 000, Qeorge Ellot says truly: ** A diiferencoof fastey In jokes {8 a great strain on the affections, Dr. Tyug, Se., 18 now 70 years of uge, ond, though by no means Infirm, consenty to aceept an Assoclato Rector. Miss Moy Howard I8 to plny with tho Florences at Wallack's Theatre, New York, this summer, ‘beginmng to-night. The Marine Band at Washington proposes to serc nade Our Curter for aving It. What base Ingrati- tude! They ought o serenade the other fellows. At Iast ncconnts Sir Randa) Roberts, Dart., was to make his first appearance at the London Olym- plc, appcuring tn his own comedictta, catled ** Une dera Veil.” In recognltion of the generous contributiony of A. 1'% Stewart to therelief of I'arls aftor the slege, it propored tocall one of the ewly-opened streets in tho upper part of the city by hls name. Mrs. Nollle Grant Sartorie’ Infantson died on the second anniversary of her manrrlage, nged 10 monthe, The mother Is not yet 21 years of age, und very young to know tho anguish of such a luss, A North Carolina edltor, who remembers the af- fecting thne when he pald S100, Coufederate money, ** for the lust gellon of apple-brandy In the State," Is now a rm advoeste of o redeemablo currency, Dr, Ayer, the funious medicine man, Is hopes tesrly 1L Though not fu hamediate danger, he whil never be ableto e ugaln, or to realize the drenm of his llfe, u veat n Cougress, The Towa Episcopalians, who are to meet ngaln this weok Tuesday und Wednesday to elect o BHxhe on, are likely 1o have u warm thno over a proposi- tion to re-clect the Rev. Dr. Eccleston, of Phila- delphin, who lias once declined. Mrs. Carollne Nchings-Bernard, Itis reported, Ia in recelpt of u very hundromo offer from Man- ager Maplegon to become the prilna donns of o compsny of Amerlcan singers for o scries of per- fovmances in Eogland next season., Two surviving wembers of the stall which ne- slated Gen. Jackson at the buttle of New Orleuns —Maj. Thomas Butler and Gen. Willlam 0. Butler —ure now realdi ng In ox near Carroliton, Ky. Tho former s over 87 aud the lutter I his 80th year, Muurico Strakosch and Mlle. Belocca were in tho clty yesterday. They aro to leave this mornlug for Caltfornia, whero Delocea will sing i concerts, having the asststance of Tom Karl and Tagllupietra. On thete return next fa1l thy people of Chicago will Luve an opportunity of hearing the troupe. At the grand faney ball of the Baroncss do Pollly fn Paris the Princesa de Llse Tronbetekols represented au feicle, und froze scores of mmirers, ‘o most successtul disgulse of the cve Ing, however, was that of o young County who up- prarcd us a yellow cockatoo—hls origiual imperso- nutlon, 44 Suowshioo Thompson,* the man who, for the post twenty yeurs, hay cureled the maila over tho Slerras evory winter ot thnes when tho roads were Dlockuded with know, died on the evening of the 25th fuet, after s short fliness ut his home in Al- pine County, Cal. s complalnt was Jung-fever. He leaves u wito und on chlld, ‘e famous Man with n Fork in his Stomach, who put ull Parbs fn s fover of curlosity, andafterwards reifeved himself and the city by submitting t 8 famous surgical operation, hus ugain becowme prunt- nent. The surgeon who touk out the fork gave it to u xclentltic suclety, and now the paticnt hus sued for the recovery of his propesty, A Boston glrl und her wenlthy motlier uro out West looklug for u poor youn man with whom tho dpughter foll In love while travellng fu Evsope: $ho refused iy propoeal then, but longs for him now.—Current Hem, Poor young men who hive heen to Europe will please take notfee, 'The wealthy mother, after all, seems to by the male chance, 1 M. Andre, a wealthy Parislun banker, gaves ball lately, the peentinrity of which luy b the fact thut, by meuns of hidden mechuntsm, the paitl: tlon walls between the wplendhil ne on the et floor could by mnde to slnk into the ground upd dia- appear, Stripd of fooring fitted nto the gronves, and the wholu flout was suddenly transformed butd a ball-rooum, Lucy {looper wrltes to the Philadelphla Tele- graph ¢ **1leurn from Jondon thut the debut of Mlus Abbott was not particularly successful. Sho appeared In ¢ Lu Fillo du Reglment, * thus challeng: {nig compurison with so Antshed u vocnlint u Marl- mou, snd this choleo of wnopern seenty o hnve been an unfortunato one. Fhe debat of MissTuck ur (Mlle, Rosavalla) was n suceess of beauty and of acting; *the young Indy hiaw searcely nuy volces but hus been well taught, ™ such wax tho semark of u lending English eritie to me,* The receipts frou the Julla Muthews' mes performunce in 5t Louls amounted to 35t which 8378, :21 were required ta defiay oxp doctor's blll, undertuker's, printers Ly, oo Tho butonce on hund, $204.54, I 1o bo used [n the purchuso of o mowment. The warm-hearted people of 5t Lonls behaved with charael encroslty In this matter, Tho nowspapors adv tined tho benelt frev; the very DIlI-poster gave services; len Do Bar furnfshed bls theatre and his own valuable serviees In o play; sud tho peopla turned out as they would not bave doue on 88 ordinary uceaston. Willlam Honry Hurlbert, the new edltor of the New York World, hus wrltton good poetry, I chiding several hymne which now hold a place 1 the Unitarlan Collection, 1l has been a success: ful dramatle critic and playwright, his e Amerde can in Pacis™ still holding tho stuge, Whito act- 10 a8 mansglug editor of the New York Tiues, dur {3 the absency of Alr, Huymond In 1850, he boldly committed that Journl to tho wupport of Mr. Douglas, Haymond was obliged to spologlse to the resders of tho Zfmes sud tako thy back- truck. llurlbert §8 now nearly 80 years of sge. In bls youuger days, Hurlbort was & Unitartan preacher, norlal ot