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

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Hooley's Thoatro. \ Randolph street, botween Clark and Tadagal ** Cone clance.” . ‘Wood's Muossum, between Dearborn snd Stats, 0 Ooonaon Gl " A{temioon and Cvening. MONDAY, JULY 24, 1876, —_———————— At the Now York Gold Exchange on Sat- urday greenbacks were worth 80} cents on £ho dollar, — All speculation concerning tho fate of Hr, Frosr Tronxx was onded yestorday morning DLy the raising of tho yacht Mobalvk, The body of Mr. Tronyz was found in the cabin, * Zos, Work is to bo rcsumed to-day in all tho nnthracite mines near Scranton, Pa., and tho ppeody dissolution of the coal combination is prodicted. The uunrestricled production of vonl at fair rates to the minors would sotn briug about fair rates to consumors but for he monster monopoly which ot certain in- tersnls docroes s suspension of mining op- erations and dictates the price of afl the an- Yhracito coal produced. All Europe seoms to be givon to lyiog on® the subject of tho Enstern war. According to the London Obserter's special correspond- 2nt in Berlin, tho Emperors of Germanny and Austrin, in their interview ab Balzburg reeched tho conclusion that a policy of non inlervention and the mainienance of the penca of Europe was impossible in view of the inmssacres and bloo shed attendant ugon the war. 'This statement is no sooner made thon thero romes & dispateh from Paris denying that sny such result was arrived at, aud assorting that the two Emperora excbauged tho most pacific nssurances, Tho faculty of multiply- ing news by means of statements and de- uinly scema to hinve been cultivated to a high degreo of eflcctiveness by the war cor- rospondents, Thoro has been gome Henthon Chinco worl: dozo on the 8t. Lonis platform sinco 1he Convention adjonrned, and the discovery of tho fact that the Dildenites have * rang nacold deck " bids fair to break up®the gamo in a row.' Two very important.dis- wrepancies pre fatind Lotween the platform s actually ndopied and tho platform given out a3 the ofticinl‘copy. 1In the resolulion relating to the currency ocour the words : “We deiounce the resumption clause of 1875, and wo herehy demand its re. peal ;" «in tha corrected (?) copy pre- pared sinco the ndjournment of the Convention the word is changed so ns to toake il read : ** Wo denounco the resump- tion dnate of 1875," ete.” Tho inflationists perceive thal it makes a groat denl of differ- ence whether tha demand is for the ropesl of tho -entire resumption clauso in the act of 1675, or whethor it is the date merely that must be changed, Again, in the ofiéinl copy of the platforin the anti-Chinese plank, which was inscrted at tho demand of the Pacific Const delogates, is entircly omitted 1 Tho soft-monoy men have boen hoous- pocused and the Chincse-haters thimble. rigged out of their part of the platform, and it will bo intercating to note how well they relish the sitnation e An oxcellent idea of the relations which Bayvrn J. Tipex for many years main- tained with Boss Tweep iy afforded in the verbatim report of the cross-cxamination of Gov. 'Topey in the Tweep trial in Februnry, 1875, 'Tho erafty Reformer began by at. tempting to convey the impression that his sequaintanco with the great thiof was of tho slightest and most casual charactor, but be. foro ho was permitted to leave the witness. stand tho truth that he had sought to con. cenl hiad been with dificulty obtained, It sras shown that Tioey, who bhad disclaimed anything liko confidontinl relations with Twezp, and Lod sworn thot he ‘‘nover knew him much,” had in fact been on intimate terma with the Boss, to whom ke wroto giving him notice of the date of tho meeting of the National Demo- cratic Committee, though Twezp was not a wember of that body; and again wrote ap- pointiug a meoting with him in Phila- delphin; and yet mgain wrote to Twxrp, urging him to find a place for Mr, Samver ArLex, ‘o very old friond of onrs.” Then thero was a clieck put in evidence showing that in 1868 Tweep paid TiLoex $5,000 as Chairman of tho Democratio State Commit- tee, The object of all this on the part of T'wren's counsel was to prove that the *Old Man” aud thoe present Reform candidate for ko Presidency wero and had been for saveral years intimate friends and co.workers, and in this the oross-oxamination of TunxN was ontirely succesaful. The Chicago produce markets were mod. erately aoclive Saturdny, provisions being Leavy, and breadstufls stendier, Mess pork closed 800 per brl lower, at $18,80@18.82} for August and §18,40@18.42} for Septem- ber. Lard closed 150 per 100 lbs lower, ot $10.76@10,774 for August and $10.85@ 10.87§ for Beptember. Moeats wero j@4o lower, at 7)o for boxed shouldérs, 0o for do short ribs, nnd 10}o for do short olears. Lake .freights were steady, at 1jo for corn to Buffalo. Rail freights were un- changed. Highwines were quict, at §1.10} pergallon, Flour was dull. Wheat closed 4o higher, at 870 cash and 88jc for Au. gust. Comn closed o lower, ot 44}o cash eand 43]c for August. Oats closed fo higher, at 28¢ for cash, August, or Bepteim. bor. Hye was quoted at 62@68¢c. Barley was nowival, at 64@600 for Boptember. Hogy were In light supply and wero firm at Fri. day’s prices, sales being effectod at $6.00@ ©€.60 for poor to choico. 'The recoipts wero 4,500, and for the week 68,703, Cattlo were steady., Thure wasa good domand, at 34,00 @5.00 for shipping steors and at $32.60@ 8.60 for bmtchers' ataff. ‘There was no chango in prices of sheep, the market being nominal at $2.50@4.25. One hundred dol- 1ars in gold would buy $111.75 in greon- ‘backa at tha close, Wo havo private mdvices from Indisna which indicato protly certainly that Mr. OnTn, the Republican candidate for Governor of Indinna, will bo elected in October. o is making a vory strong personal canvass, and has been gaining votes notably nmong tho Gormans of Northern Indiana who have had the bad habit of voting the Democratio tickot, Mr, Onrn is of German descent and is on accomplished German scholar, Ile makes Gorman speeches as weil as English spoeches wherover ho goos, and his op- ponents have slready begun to notice that ho is making headway ngainst them. Nor aro they in a position to counteract the work he is doing, for tho ronson that their own can. didate for, Governor—DBlne-Joaus WinLiAus —is nn old Copperhond of the very worst deseription, is porsonally unpopalar in his Btate, and has nono of the clements that might help him on as the canvass progrosacs. Tho vots of Indiana always deponds largely upon the charnoter and thoroughness of the preliminary campaign, and thia year the Re- publicans have decidedly tho best of it The news from thasoat of the Indian war shows that the hostile Sioux are now camped not far from the scono of the lato defeat of Custen on the Little Big Horn, Menauwhile, Gen. Mennrrr, who has forced tho Choy- ennes back to their agency, hns left Fort Laramie, will reach Fort Fetterman on tho 25th, and join Croox abont the 6th of Au- gust, which will give Croor a force of 1,837 men, not including officers, pnckers, and camp-followers, or probably 2,000 men all told, Moanwhile, Gen. Terny's colnmn is marching southward to unite his force and co-operate with Cnoox ; but, shonld he fail to mnko the junction on the 5thof August, whon MreniTr arrives, Croox will at once striko tho Indians—if tho Indions wait in their present locality, In tho conduct of tho campaign, Gen. Suemax lins mado o suggestion which is the key to the. wholo situation. ** Take awny their ponies,” soys Gen. Suenyay, This would .keep the Indians npon thoir reservations. Take away their ponies and they cnnnot travel. They cannot carry their luggago or their provis- jons, Thoy caunot take womon and chil- dren, nnd cannot establish viilnges, Thoy could be pursued by infantry upon §u oqual- ity and by cavalry at an ndvautage. Their arms canuot be taken away, for they con Lido them, but they can’t hide their ponies. 'Tak- ing away tho threo or four ponies that every Indian owns would bo like taking his right am off. Ha would be at the morey of our iroops at once, and would be compelled to stay on his resorvation. REPUBLICANISM AND *GEANTISH.' I'ho Chicagb Zimes snd numerous other Democratic papers, unable to attack the Re- publican nommees upon any solid ground, havo raised & for-fotched and miserablo quibble upon which they hopo to malte par- tisan capital. It is summed up in the charge that an indoriemont of Haves is au indorse- ment of Grant, and that the cleclion of Hares would socuro a continuance of Grant- ism, since the Republican platform indorses the Administration. As Tmn Curcaco Trin. uxzis singled out and chullonged for its in- consistency in eriticising Grasr and sup. porting Ifives, Tue Trioose will give a categorical answer to this misorablo quibble, Tho seveuteenth scction of tha Ropublican platform is as follow. : Tho Natfonal Administration mcrita commen- datlon for Its honorable work In the manogement of domestic nud forolgn affalra; and Prosident Guaxnw deserves the continucd hearly gratitude of the Ameriean peoplo for his patriotlsm and his eminent scrvices in war and peace. "I'he chargoe of thie Democratio papers that tho Ropublican National Convention, in adopting this declaration, thereby - indorsed oll the acts of President Gmaxt, all his 1mis. tokos and blunders, intentional and uninten- tional, {s a forced aud unfair statoment, and none know it better than those who make it, The Convention, in indorsing the National Administration, indorsed the Republican party oud the whole official staff of the Gov- crnment, It indorsed "its managoment of foreign affairs, and it desorves thoe indorse. ment. It has manofled to keop the peaco ‘with all foroign nations, It scttléd the Ala- bama Claims and thoreby navoided an expen- give aud bloody war with Great Britain, which would have placed tho two countrics half a contury apart ; and it not only avolded a war but made England pay “smart mouney,"” which both cowpensated for indi- vidual damages and was an admonition to England with regard to her futuro eourse in complications of this kind, The National Administration succeeded in establishing treatics with Gormany and other nations by which the rights of naturalized citizens are respooted. No other Administration has suc- ceaded in obtaining the concession from for- eign powors that their citizens can bo dena- tionnlizod, This was rosorved for Prosident Guant's Administration. In the imbroglio with 8pain, thst country was compelled to do justico and pay damnnges for her outyages, In all onr rolations with foreign natious the Administration has beon emnently sncocss ful, and ity polivy lins received the sanction of the great mass of the American peoplo. Tho platform indorses the honorable work of tho Administration in domestio alfairs, and justly so, It savod the country, maintainad the intogrity of the Republio, and proserved the Union of the States intact agaiust tho of- forts of Democrats, North and South, to dis. raptit, It rounitod the Btates in ono (rov- ornment. It gave the infamous doctrine of Btate Rights, that bane of and standing menace to o ropublican form of Government, a blow from which it will never recover. , But for that doctrine, which was engrafted upon the national lifo ot an early dany, and has always been one of the founda- tion-stones of tho Democratio party, there wonld have been no War of the Rebellion, and, by its destruction, the National Admin. istration has removed all danger of any fulure attompt at tho national disintogration, It hins released 5,000,000 of landless bonds- men, mado them froemen, clothed them with tho rights of citizens, and hay, to a large ex- tent, preservod tho peaca betwoen thom and thelr masters, who would have remanded them into slnvery, even after they were freed, had it not been for the watchfulness and power of tho Republican Adminlstration. Tor these oud othor beneficont deeds, the resolution does mot go too far in oslling them honorable, Tho resolution says that ** President Gaant deserves tho continued hegrty gratitude of the American people for his patriotism and Lis eminent services iu war and peace,” No ono doubts the patriotism of the Presidout. His intenselovo of country hins been tested on the bettle-ficld. 1o was the groat sol- dicr and victor of tho War. 1o is entitled to the gratituda of the American peoplo for - L O st et e S ST e+ i s THE CHICA&O 'I:RIBUNE: MONDAY, JULY 24, 1876. his * eminent sorvicos In war” to maintain the existenco of tha American poople sasa nntion, and for his success in rocuring the American people from the disaster and misary that would have followed the success of the infamous dogma of the right of seces- sion, and tho man that wounld withhold hat meed of gratitudo is a mon who hates this Union and is a traitor {o his country. Whilo the Prosident has committed many nnd grievous mistakes in his Administration in time of peace, ha has dono many useful things for which he is entitled o the gratitude of tho American people. Mo had the nerve to veto su inflation bil which would lave braught un- told disaster upon (the conntry. It would have produced violent perturba- tions and fluctnations in tho fnancial and commerainl world, would havo unsottled nll contracls, and our money would not have boon worth 50 conts on the dollar, Instend of recuperating and appronching solid foun- dations, thero would have beon serious doubts as to the value of anything, and our credit abroad would have beon destroyed. That ono acrvico alono covers o multitude of sins, Whatever may boe said against-him, it cannot bo denied that he performed a grent gorvico in soleoting and authorizing Secro. tary Baistow to break up that gigantic com- bination of whisky-thioves which was forni- ‘od in Anpy Jonnson's Administration, * Al though they stole millions at that time, he nover took a stop towards their punishment. Presidont Graxr issued his ediet, ¢ Let no guilty man eseapo,” and authorizod Secre- tary Bristow to carry it out. .Tho Secretary did g0, and tho President is entitled to credit for this, and it would bo moan not to sward it The President is also entitled to tho thanks of the country for his noble eliorts to reform the clvil servieo, nlthough he was broken down by tho Congressional spoils- hunters, the Democratio party, and a portion of the Republican party, Thoss who are in favor of Civil-Service 'Reform, therefore, cannot justly withhold their credit. Again, it is aot usual at the closo of an Administration for its own party to pass resolutions of cemsuro, It would be un- graceful and ungrateful, would give offense, and would subserva no good. The indorse- ment of the Administration is only an in- dorsement of the good it has done. Itis the shoerest nonsense to aay that this resolution indorsea wrong things, or that it commits the party to thoso acts of the President that bave given personal offense, It overlooks them, ond credits him with the good he has done. The miserable quibble raised ‘by the Democrats shows that they ave sadly ont of maserial, and will have no effect npon think- ing, rational mon, REPEALING THE RESUMPTION ACT. Tversince tho 8t. Louls Convontion, the Hexprices or soft-monoy wing of the Dem- ocratic Hounso of Represcntatives has beon laboring to pass & bill repealing so0 much of tho act of 1875 as nominally fixes the 1at day of January, 1879, for tho resumption of specie payments. The most extraordinary efforts have been mads, but as two-thirds of tho Housa have been nocossary, the bill has {failed to pass. In case a bill can be reported from tho proper committee, it will only ro. quire a majority. Two hard-monoy Demo- crata on this Committes have so far united with the Ropublicans a3 to prevont the re- porting of such a bill, It is now stated that Mr, Wige, of llinois, has relented to tho extent of consenting to raport n bill, so the Houso will probably be brought {o a direct vote on the subject. In tho meantime, Tr- DEN is laboring to defeat the repeal. What do theso mon expect to accomplish Ly tho repeal of this act? They know— Hexpniors knows, and Voonuees knows, and B Arxxy knows, and overy intelligent' . man Imowa-—that the law as it stands does not provido for resumption at tho date named nor at any other date. If to-morrow wore tho 1st of January, 1879, the Secratary of the Treasury could no more resume spacie poyments under that law thon he could have dono on any 1st of January during the Inst ton years. The law wns a plece of sentiment- alism, with no provision for making the sen. timent practical. It is the same as if the City of Chicago should enact that on the 1st dny of July, 1877, it will complote a now Court. House building, withont making nny appro- printion or other provision to purchase material, hiro labor, or to raise the money for that purpose. ‘The act of 1875 required subsequont legislation designating the man- ner and providing the means for rosumption. ‘Wa can undorstand the Democratio oppo- sition to resmmption, and the demand for inflation of the currcncy, and even Lavvens' proposition for irredcomable papor money ns o substitute for notes; but we fall to un- derstand Low any ono of tho various Demo- cratic paper-monoy schemes can bo promot- ed in any way by the repeal of this empty declaration that specie paymonts will bo re- sumed in 1879, Thero is nothing in that declaration which can in any way interforo with any scheme of inanca which Congress may adopt, or to which any wing of the Democratic party may be dovoted. Its re- poal will accomplish notking. The St Louis Convention domanded the repoal because the empty promiso to resume was *'a hindrance " to rosumnption; bujits ropeal is Uomanded in Congress not for that reason, but under thio pretext that it stands as a moenaco to bus- iness,—a throat to resume, and because re- sumption is opposed by theso paper-moncy people. It cannot bo claimed that the nct of 1875 is responaihle for tho commercial and finan. olal dopression; that camo in tho summer of 1873, nearly two yoars befors the date of this act. The collapae had been complete, the desolation had beon wrought, speculn. tion had beon punctured, credit aud confl- deneo had boon destroyed. ‘fo repeal this act will not inflate the currenoy, nor make monoy plenty, nor cstablish crodit or restore confidence, 'Ihero is no gearcity of money, Lut thore is no disposition to invest it, Manufactures aro dopressed, not for want of money, but for customors for their goods. ‘Tho dopression continucs beoauso tho coyn. try fs settling up its affairi so violently dis- turbed in 1873, 'Phe country is paying its dobts, and getting down dally nearor and nearor to hard-pau, and this necessitates re- trenchment in oxpenditures, reduction of the cost of living and of the cost of produc- tion; in fact, the country iz still engaged in vescuing from tho ruius of the disaster what- over ig of value, When the bottom has boen reached, when tho cost of living and the cost of production have sunk to its lowest level, and to that it most go, thon business and production will vesume, buying sud solling will begin, labor bo re.employed, production increased, nud speoulation tako now life. But the repoal of this rosumption promiso canuot chango this, It will not in. duce capital to engage in speculation or prodnotion, It will not induco monoy-hold- eni to lend money for ventures which are now rojected. The man who has money to | lend shove all things has aneyo to the kind | of monoy in which he is to bo paid; greon backs aro now worth 0 conts on the dollar, and it can hardly be olaimed that, if this act Le ropenled, it will hava the effect of incroas- ing confidonco in the future, Thero can, howaver, be no dircet end nccomplished by the repeal of this nct. It can in no way promote any other schemo of flnance, be- caufb this is of itaolf inoporativo and bar. ren, It ia purely, as wo have frequoently stated, n ploco of foglslative sontimentalism, The Demoorats all know this, and yot why do they domand its ropeal? They know in the first place that tho ropeal bill cnnuot become a law—that it will not bo oven con. sidered in the Bennte, Their objoct, then, is lo decoive such porsons who, having never read or underslood tho nct of 1874, really regaril it ag some act of torriblo and destruct- ivo import. Thoy waut to pass this bill through the Ifouse ns n eampaign mensure, on which to bago a conteact or allinnce with tho greenback or paper-money party. They wish the Domooratio Houso to pass this bill 03 n mero olectioneering job to last over wuntil aftor the Presidontial olection. Thoy know, aud frankly ndmit, titat the ropealing bill eannot pass Congross, but they wish to pass it through the Ilouse nsa bid for the votea of the rag-money party ; but no man of them, or of the rag-money party, can oxplain how, even if the act of 1875 was repealed even by the unnunimons voio of Congress, tho condition of the'finances, or tho currency, or the Lusiness of the country, could in the least bo changed, 'The moral effect of such repeal would be to further wenken credit nnd confidence, buk wa do not boliove it wonld "in nny woy postpone or in any way seriously delay the resumption of specio payments, In fact, whether the law be repealed or not, would in no wiso chiange tho flnencial con. dition of t}10 country., ONE OF TILDEN'S REFORMS. An interesting leaf from the history of Mr. Samven J. TiupeN, Reformor, i fur- nished by the Hon. J. K. Epaxnrox, of Fort ‘Wayne, Ind., Inte President of tho Graud Rapids & Indiana Railrond Company, 8 lifo- long Democrat, and ono of the most promi- nent eapitalists of his Stata, Tho purticular reform to which it relates is tho reformation of that Railrord Company; and tho account Mr, EnaErToN gave of it was first published in tho Fort Wayne Sentinel, tho Democratia organ of that city, in 1872, beforo Trpzy was talked of for the Presidency, The Grand Ropids & Indiann Railrond Company, it ap- ponrs, was organized in 1869, on the 1st of Any of which year the Continontal Improve- ment Company, as it was called, cou- tracted to build thorond from Fort Wayne to "I'ravorse Bay, and furnish the equipmont, ‘Tho Contintntnl Improvemont Company was simply o Credit-Mobilier Ring orgunized for swallowing up the bone-fide stock subscrip- tions, local subsidios, and all other available nssots of tho Railroad Company. Sanve J. Truoex was interosted in tho Continental Tmprovement Compeny, and, besides, wns its confidentinl logal ndviser, his oftice ns such being to invent and engineer tho legal -contrivancea without which it is impossibla for a Credit-Mobilier Ring to steal a railrond. This Crodit-Mobilier Ring of Mr.. Reformor Troes’s, with him as the legal engineer of the stenl, began oporations by procuring the issue to itsolf by the rond which: was to be atolen of 1,260,000 bonds for the purpose of equipping tho road, which the Ring had al. ready contracted to do. That is, tho Crodit- Mobilier Ring in tho railroad’ Directory be- stowed upon thomselves as o gratuity {his $1,260,000. T As aftor this thero still remained assotn of tho Railrond Company to bo stolen, Mr. TrpeN's Credit-Alobilier Ring, with him still as tho legal ongincor of its stealing, pro- ceeded thorewith, It mado a contract with tho Ring under tho dummy name of “ R. D, Bancray and his asadoiates,” by which was to ba given to him for completing tho road and equipment all the unapplied assets, in- cluding about $600,000 of city, county, aud privato subsidy subscriptions,—enough to poy for the work actuslly done by the Ring, —$1,800,000 of first-mortgage bonds and a majority of $1,000,000 of tho capital stock, To realize upon the plunder it was necessary that theso §1,800,000 ' of bonds should bo made marketsble. This was offected by tho Ring through o contract with the Ponnsylvania Company and other ronds in tho same intorest. By this contract thoy guaranteed intorost upon the $1,800,000 bonds, andmn return the Grand Rapids & Indisna lino was to bo leased to them for ninoty-nine years for practically nothing besides payment of the interest guaranteed. This contract had to be ratified by tho stock. holders in tho'Grand Rapids & Indisna Com- pany. That ratification was secnred by vot- ing over three-quarters of n million of stock, regularly pledged by the Ring, ns collatoral, and of courss voted in the Ring interest. Tho result of it was that Mr, Tipen's Credit-Mobilier Ring, investing only his ominent legnl nbilitics in ongineering the thoft, did steal the rond, transferred it to the lessees, and for themselves sooured the $1,800,000 gunranteod bonds, beaides what was realized out of «the subsidy oulgcriptions, Such is tho history of this reform operation of Mr, Reformer Trromy, ns furnished by o leading Democsat of un. impeachablo character, As the Democratle camnpnign, with doafening din and blaro, is all for reform, and a8 it is boasted the reform promisod is that of which Tiroex of himself is the plodge, this chapter from his rocord ns o roformer {8 valuable as indicating the quality of reform his clection would guar- anteo, "ROBESON'S OABE, Bome days ago a doouncnt was sont out -broadeast from Washington as the raport of tho Special Committes which has hnd Ronz- soX’s case undor consideration, summarizing the evidonco taken rolative to the doposits with Jay Cooxe, McCurrocn & Co. during the ponic of 1873, aud recommonding that the Houso presont articles of impeachment against the Socrutary of the Navy. Sinco then the announcemont has beon made that tho Democrats propose to recede from their position beeause they fear the Sonate would proceed stonco with his trisl. ‘Thiswouldde. prive the case of allits campaign advantnges; for, if tho 8cnato should find him gyilty, his punisliment would bo brought by the Ite- publican majority of that body, and if they should tind him innocent he would bo acquit- ted after o full Learing of both sides, and there would bo su cud of it, Now the Democrats have undertaken this matter, lot tho reaponsibilily of following it out be upon them, If the published report of tho Committes fairly summarized tho evidenco, there iu a prima fusis vase agalust him, and the offonsa is such as to warrant and dewmand his immediate impeachment. 'There ig a law of tho United Btates requir- ing that the foroign agents of the Govern- ment haudling navy fundsshall be nowinated totho United States' Bunuto and approved by thot body, 'Phe Bamixa Brothers had been tho Tondou ngents for years, properly appamted and worthy of s much confidenco s any banking houso in the world, There was no reason for making any ohange, and the Becratary df tho Navy hLad no authority to do it of Lis own motion, . Yet, withont consultation with tho Benate, and without aaking ita approval at tho time or subsc. quently, Becrotary Robraoy withdrew tho fnnds from tho Banrvo Brothers, transforred them to the now banking firm of JAy Coorr, MoCurroon & Co., nnd thereaftor trented the latter firm as’tho agents of tho Govern- ment, Whon Jax Caoga & Co, failed in this country in 1873, and tho panio onsued which would havo affected tho London houso oven if it had had no direot connection with Jay Cooxr, Secretary RobesoN, not only ordored Paymnster-Gonoral Bravronn to doposit $1,000,000 with Jax Cooxg, . Mo- Curroon & Co., but also to pay all naval drafta agninat thom out of other funds, This lqfl the $1,000,000 in the hands of the cm- barrassed firm to use na their own in tiding them over thoir embarrassments. Indeed, Mr. RopesoN admits as much whon ho soys thint Lio ordered this now doposit in order to save the funds which tho Government al- rendy had there on doposit. This may have boon bLis intontion, but it does not at all ox-* cuse him for loaning $1,000,000 of Govern- ment funds to o tottering concern for their own use, especinlly when ho hsd no right under the law to deposit money with that firm cither at that ¢imo or auyother, Had tho money Lioen doposited on somo special arrangoment to mact naval drafts, so that tho United States paper should not go to protest, the transaction might have been reasonable, though even then the Secretary of the Navy would have been at fault, inasinuch asho had never recoived the sanction ~of the Senate as required by law.’ But Pay- mastor-Genernl Bravronp tostifies thet ho was instructed to take care of the Govern- ment drafts out of other monoys, so that it waa the intention s well aa the effeat to loan 1,000,000 of Government fitnds to Jax Coore, McCorrocu & Co. for their own Len- ofit and in the midstof the panic. A partof this smun has since boen rocovered by the salo of collaterals, cte., but it is said nesrly $700,000 yet remain unpaid, after throo years, and may never bo colleoted. Tho Ropublican parly can only suffer in TRonrson's caso by rosisting his impeachmont on such ovidenco as this, Otherwise it will 10 moro be held responsible for his malfon. | sonce than for Brrxvar's traffic in post- traderships. TRoprson’s appointment nover receivéd tho approval of the Republican party. It was ono of those obstinately.per- sonal, appointments whioh have brought upon Prosidont Graxt about all the censuro that attaches to his Administration. An ob- seuro, third.rato lawyor of Now Jersoy, whoso only qualification for a placo in*Gnant's Onbinet soems to have been n cer- tain . good-fellowship that sprang wnp between them, his appointment re. ceived the disapproval of the Republican party ns a whola from the very first; and, as it has becomo apparcnt from time to time that ho was incompetent, extravagant, and reckloss in the administration of his dopart- mentythere has been a pressure in the Re- publican party to have him romoved. But, having boen appointed from personal and not from publio considorations, he has been ro- tained for porsonal rensona at tho sacrifice of the publio wolfaro, and in spito of tho gon. eral protess of tho lepublican parly, How much influpnce the OatzeLLs have had in ns- suring his continnance in office, and how much benefit thoy may have dorived thero- from, wo do not know ; but we do kuow that tho Republican party hag no desire to sus. tain any such porsom, but that it. has more to gain Dby assisting in the re. moval and punishment of men who bavo betrayed it after having been foisted upon it than it has in any attompt to concenl or condone their offonses. It haas always been tho policy of the Republican party to hunt out and punish thoso who have heen faithless to their publio trusts, and Mr. Rone. son must go with the others if ho haa been guilty of any such offense. If the Dom. ocratio House rofusa to bring articles of im- peachmont ngainst him bocause the SBenate would proceed at once to trial, and he might be ncquittod on full hearing, it will be puail- lonimons, If Roneson is guilty, he shonld beo impenched, and the failure to do so must reat upon the Domocrats, If impeached, he is ontitled to the enrliest possiblo trial and ovory fair opportunity to vindicate himsolf, If tho Democrats think they can use the charges morely for campaign purposes, they will discovor their error, TAX-FIGHTING. ‘Wo weore fnrnishod on Baturday with a list of the persons who hava filed objections be. foro the Qounty Court to judgment for tho unpaid taxes of 1876, 'This list contains be- tween five and six hundred names of persons who object to paying taxes, and desiro that thelr taxes be charged over to other pooplo, and is headed, of course, by Marrxsox and Bronev. Tho end songht by these porsons is primarily the ogenpo of taxation. For this they havo bargained with cortain attorneys that, in case the collection of taxes bo de- featod, thoy will pay such attorneys 10, 12, or 20 per cont of tho tax escaped. Thero aro lawyers, wo understand, who take the busi. ness ag low a8 8 or & per cent. Failing this, they seck time on the payment of the tax ; that is, they proposo to borrow (by with. holding) that amount of public revenue, and to rotain it as long 83 they can manago to do 8o by litigation, This moy prove, however, very oxpensiva litigation, A yenr ago a like contract was made to dofeat the taxes of 1878 and 1874, which wore lovied undor the supposed law known as Bill 300, 'I'he Bupreme Conrt de- clared that no tax levied under that so-called Iaw could be legally collected. Wheroupon the nttornoys who engineered that businoss havo since beon collecting their 5, 10, 15,and 20 per cent shares of the tax which the Bu. premo Court doclared could not be collcoted. ‘I'he lawyers laving collocted their share of tho money withheld from the city, it now turns out that the Court did not declare tho tax to bo illegal, nor that it wad not fora legal purposo, but that the city had failed to omploy the right machinery to collect it; and that all the city has to do is to lovy the tax anew, undor the general law, and collect it “with 10 per cent interest. Now lot us figure up the financial puteome of the job of last year: Theso persons owed a tax of 81,300,- 000 which they sought to avold. They arc now taxed agein, and their bill next yoar will bes Tux of 1873and 1874 ..00riies 1vouin8], Averago two years® tax at 10 per conl 2 Fald attornoys, averugo 10 per cent.. Total outlay. Original tax... Cost of tax-Aghting.... ..ieverieena$ 300,000 * The porsons who have cugaged' in tho tax- fight this yoar cau profit by tho experience of their predeccssors. The objoctions to the tax-lovy this timo aro wholly different from thoso last yoar; thex aro of o techuical character, such as the Conrts have ovarruled ropeatodly. It s not likely that Judge War- .46 will refuso judgmont npon theso objec- tions, If judgment bo grhnted, thon the tax-fighters will have cach to give bond, with two sureties, for twite the amountof the tax, that they will pay the tax in easa the appoal be dismissed, Lnat yoar tho tax-fighters had no bonds to give, bocause it was tho city that appealed. Now thoy will have to give socn- rity for tax and coats, nnd, in the ond, they will discovoer that they will make a large Bav- HYDE PARK TAX. Thore las been a suspleion for a good many yenrs among people who own property in Hydo Park and pay the taxos that there is systomatio nnd professionnl tax-cating of an outragéous character in the conduot of the Villnge Gavernment, and the annual appro- priations voted at the meeting held by the Trustoes lnat week soetn to indicato that the suspicion is by no means unfounded, IHoro in o list of tho expenses for a year: Collector's nalai 3,000 Treasuror's an 2,000 Clerk's salary. 2,000 Trustees' sala 1,606 Suporintenden 4,000 Fngincer'a ealary. 2,750 1,000 1,800 3,000 1,000 HOO 1,000 11,000 400 15,000 15,000 1 11,000 Street lamps. y Dridzes, o 100! Dmluaxio. reer " 10,000 Jail and pridonera. 100 Additional machinors 5,000 Ggntiogent fund..., , (00 o ..|.l.$115, 050 ol debts with Interest and stuking funde . for the year 187,000 cene$ 7001 For bonds of March 21, 1874 T For bonds of Marcl 15, 18756 59,502 For bonds of Jan, 11, 1870.40... 1,26 Amount necessary to pay def arlring In collecflon of four last Hums,, 22,0672 Deficlency from uncollected approprin- tiuns on police, legal expense, strectres lmxr, gas, prisuncrs’ expenscs, operat- ' 11,140 ng Water-Works, creenen Total..evsaens seves +8224,430 Thie is simply outrugeous for a small, quict, suburban village of a fow thousand in- hobitants, When a commanity which does not number as many voters as half of ono of our city wards should spend nearly ono- quarter of a million dollam a year for pur poses of public proteckion in times like the present, ¢here is abundant reason to suspect that it is being plundered. This is nearly as much monoy as Chicago spent annuplly for ita current cxponsos whon it was o city of 50,000 inhabitants, Tho Hyde Park people must be demented to permit any such de- vouring of their substance when, their prop- eorty is not worth two.thirds as much as it wns two or three years ago, and when tho tondency ‘overywhoro is to shrinkago of prices and- curtailment of expenses, Why shonld Hyde Park pay $2,000 a yoar for an accountant when n busiuess houso can securo one for $1,2007 Why should it have an nc- countant at all, when it has a clork at $2,000 & year who ought to be able to do the work, having nothing elso to do? Cannot the as- nessment nnd collection of village toxes bo dona for less than #5000 a year? What onormous litigation aud complicated law- suits ean Hyde Park have that it noeds to pay £3,000 n year for o Village Attorney ? The law business probably would not oceupy one-sixth of o good, seccond.rate Inwyer's time, and %500 would be ample componsa- tion, What terrors are abroad that $19,000 a year must be paid for police duty? And soon, Itis ovidontly timo that Hyds Park tax-payers should begin to domnand reform and rotrenchmont in terms that will boe Lieodad. — THE SILVER BILL. The delay of tho Presidont in signing the Silver bill, which is all that is necessary to its becoming n law, is occasioning some sur- prise and commont. Wa can scarcely imagine that thero is any intention on his part to veto the bill, as we conccive of no valid reason therofor, The temporary and incidental in- flation that mny grow out of it will not ba perceptibla ; tho timo mnocessary for the coining of tho silver to ba issued aftor that already on hand shill have beon put into cir- oulation will be so long, and the issue mean- whilo so gradunl, that tho fractionals will have protty much worn out and disappeared before o like amount of silver change skall Le afloat, ‘There is not cnongh of inflation in the bill, thorefore, to occasion any np- prehension, and all that thore {s isin tho | small chango of the country, which is now inadequate to supply the ®domand. Under the terms of the bill, $10,000,000 of sub. sidiory coin will bo issued immediately, thoreby relieving tho famino in small change. ‘The ultimate offcct of tha bill is simply to smbstituto clean silver coin for ragged and mutilatod paper currenoy, and the country ought to bo very thankful for the opportunity, The presont effect of tho bill will be to arrest somowhat the downward tendenoy of silver, Its prssage by Congross gave bullion a little mora valuo in London thay it had beforo, so tho actusl purchnse and issue of some 810,000,000 more of silver coin than is used in ciroulation in this country. will unques- tionably incroaso the value of silver gencrul. ly. 'This is highly desirable, and especially in this country. Besides tho vast amount of property in silvor in all its shapes, Amorica is a larga producor and is interested in main. taining its value, Whatever may be fairly done to this end is demanded by our own intorests, The Silver bill, autliorizing the issuo of $50,000,000 in ali for circulating purposcs, utilizes just that much more of sil. ver, and adds to its value proportionately, Thero is anothor roason why the iaw should go into effect immediately, The Gov- ornment should be onubled to avail itsclf at oneo of tho low® price of silver, so that it may not loso tho bonefit of its own act by poying tho advance occasionod by demonetiz- ing of silver for small change. On all ac- count tho bill is so desirablo that wo cannot bolieve thore is any intention on the part of the Presidont to refuse it his siguature, snd " any delny in signing it morely postpones the benefits to commerce which are confidently oxpected from it. There is now an oppor- tunity to restoro silvor &s tho small change of tho country without cost to tho Covern- ment, and if douo promptly it is not lkely that it will ever ngnin disappear., Bo much of resumption will have been accomplished, Architect Cocuianx put In ¢omo good work yes- terday in lobbying In the futerust of a 350,000 amphitheatre for the new Hospital, He denmmed up o meeting of tho Joiut Conualttee on Jiospltals and Publio Bulldings during the alternoon. After suditing sundry bills ft took hold of his' pet schemo. A great deal of loud talk wae indulged i, which did nol do tho srchitect any good, Fi- nally Commisslonee Scumive uigdo s wotion to recommend tho ercction of the bullding to bring the questlon to a fucus, Commlestoner GUENTUEL wud ready with on amendment to include tho erece tlon of tho - Exccutive Building, and one of the surgical pavilions, and, as amended, the motion prevalied by u vote of (hreo to two, If the actlon L3 cuacurred fu hv tha Hoard, it will csusa an oug- Iay of sl fl.;'mltx yb;ufli:::f!,oofl on the Mospital grounds, Thisis not cven tho beginning of the ongd, Bo long a4 the sorvicos of this man Cocn. RANE aro retaiued, just 5o long will bills pity up on the County Board, Neither he noy tho Board will over stop till tho constitutions ol limitation of the county indobtedness shall bava been roached and no more money ean bo borrowod on bonds. Thero has boen nlroady experienco enough with Coormng'y faculty for expending largo sums of Money inany work he has charge of and the publig paya for, Ilis servicos should have beey dispensed with when Sronrry's Grand Ju mado its report, and the Board should hesi, tato a good while boforo spproving the Gom. mitteo's work or permitting Coonnane to py any furthor, A prize 15 offercd for a microscope whosg Dowen #hall be a0 great as to ennble a dlscovary of tho dif. ference brtween the old certlficatos of Indebtednesy and the new warranta fssnod for the popular loan, —Chicago Times. ) The differcnce to a willfully-bltnd man may scem Inconslderable; but to one who uses lig dyes the difference 18 very great. Tho old con tUflcates of indebtedness were lllegal In form, so ihe Court eald, ang were not drawn against the tax-levy of any year, nor payable from tho pro. cceds of a particular year's taxes. It was Im. proper, after the declsfon of the Court, to fssue any,more of them, The new tarrants are lssued {n the form, and for a purpose, which the Court hos declared to be legal and constitutional, They are issued to defray the munleipal exe penses of the flscal year 1876; and the taxes of the same yeur are pledged for thelr redemption, This can be constitutionally done, the Courg declares. The city las no other possible re- source until tho taxes of 1876 are collectable, ;\le:hls the Z¥mes knows; but it wants to find ault. e PERBONAL. A Drother of Mr. Charles Dradlaugh ns been converted from athetsn and is now holding open. air meetings in London. 3 *Mr. Swinburne bascommitted the horrible offensa of thyming *‘beauty’ to **duty ** in Lis recently. publlshed **Song in Scason, " The London Spectator judges that (he rhymed hymus to the Amerlean Centcnary nra all bad— **Mr. Bayard Taylor's fncluded, " Next to eating crow must be placed the torturee of writing crow-poetry, and, noxt to that, the an. guish of having crow-poetry falsely sttributed to you, Tho Salurday Review says that Mark Twaln's” **Adventares of Tom Sawyer' {s **marked by the extravogant and too often vulgar humor of the writer,” 2 Miss Blancho Willis Ioward, suthor of *‘Ong Summer, " wae tho poet of the day at the Btuttgart Fourth-qf-July celebration, and her ode 15 highly spoken of. . Tho London Academy announces that M. D, Blkelas' transiotions into modorn Groek of ** Ro- meo and Jullat,” **Otnello,” and ‘*King Lear® - will bo ready In o fow woeks, Gov. Seymour's house in Utlea, N. Y., was struck by lightning last Thursday. The occupants Iuckily encaped injnry, but tho dining-room plainly shewed the force of the electric bolt, 2 Tho anthor of an article on Mr. Diarnol! in the Jast namber of the British Quarlerly Review says, apparently in way of censure: *‘Ile is almost tho only eminent man now living who breathes the splrit of the ago of Goethio and Dyron.™ Mesars. Thomas Cook & Son have armnged '‘a personally-condncted tour " for boys during the summer holldays. Tho Saturday Review judges this to bo an unwlae concossion to *¢tho nolarlons practica of combining education with amusoment. " Mr. Grant Dufl rald In a recent spoech In Parlia- ment that the chiof fault of tho present system of ecducation In Oxford s that it istoo much concerred with words and too littlo with thinga, e advocates strongly tho clalms of original learns’ ing and resesrch to a full nckonowledgment in any university wortby of the name. Don Carlos snys that Gilmoro's Beer-Garden fn Netw York **pleascs Spanish vialtors—at least It does mo—much botter than tho celebrated bulle fights In Spaln.” Theso are his oxact words as ree portod In the New York World. We are not sorry 1o hear that tho Don proposos scon to return to Franco and catablish his home there. . Fanny Kemble, in her **01d Woman's Gossip, " spenks of having acted overy night for & week,and on 8atarday night in two pleces, at Boston in 1833, The Adverllser, howovor, questions the correct. ness of this statoment, suggeating that Miss Kem- ble is mlstaken.” Saturday night performancos at Boston in those days were not customary., ‘There was o atory current at Oxford somo years agoabout a distinguished tntor of-a prominent collego, who was in the hablt of dovoting his Sun- days to long conntry ramblea, to the entire neglect of tho Univorsity sormons at St. Mary's, On belng aaked ono day why he adopted this vory unortho- dox practico, he replied: ** Becauso I prefer ser- mons from stoncs to scrmons from sticks." Baron Albort Grant was obliged to plead his own cause fo the Lisbon Tramway Company case, ‘hoving been desorted by his counsel, and not belng ablo to find sn eminent lawyer In Rngland who would undertake to champlon the bad cause, Mr. David Dudley Ficld will doabtless regret, his abeence from England at this intereating juncture. Ho ought to writo an article about It for the Law Review, i The Inst Iines George Sand wrote for publication were a short notice of M, Renan's now ‘book, aod AL Iattor, n a lotter to tho Zemps, after her death, sald: **Iam touchod to tho boltom of my heart to have beon the Iaat to produce a vibration of that sonorous soul, which was, as it were, the Aollan harp of our time." Henry James thinks the word ‘tsonorous,” ss applied to Georgs Band, Is won- derfully npposite. Mr. . 11, Lowes sald, In giving evidence beford tho Parliamentary Commission on Viviscction: “'Ib sccms to me that the vivisection of which weare now speaking is very much llke vivisection fn an- other department, that of litoraturo,—that isto say, criticiam, which is aldo vivisection. Thero It agreat deal of real torturo inflicted upen authors by critics, which lasts fora considerable timuln senaitivo minds, " Tom Mughes says in his notice of Harriot Mare Alncan: **Bhe did moro than oy other wrlter, not excepting Archblshop Whately, to bring home to the people the fact that the queastions which polltical economlsts woro discusaing, and eapeclale Iy those connccted with tho Poor laws, were not mere abstract problewms for philovophers to argus over, but fesucs Involving tho wolfare of every member of socloty." The llterary squabble of Mr. Robert Buchanan with the London Ezaminer has directod attention 10 the fact that he Is now drawlng a ponsion, which waa granted to him by Mr, Gledstone. Thoe Satur day Review with somo acridity soys: **Onu of the moat curfous things In the whole care {s that Mr, Buchanan, 8 man in the fower of Lis age, ap parently able-bodled, - and, in the catimation of some people, notably of Mr. Buchanan, a poet of very conslderablo abllities, should find the support of public charlty nccessary for tho dovolopument of hiutalents,” ‘Mr, Archibald Gordon, formerly a Chicago joure oalist, but now one of the editors of the ' Brooklyn Sunday Sun, hae had recent experience of the cor- ruption which prevalla in tho Qovernnent of the lnttercity. Ho was lately assaulted and brutally beaten by Thomas F. Noviuns, the Chlef of the Fira Dopartment, aud though the actlon took plsce withina few doors of the Hirst Precinct Yolico Statlon, 1o attontion was pald to it by the polico. There fv now, liowever, & loud demand for exam- ination, snd it Is probable that both the assallaut and the doreligt police will bucalled to & speedy account. The cause of tho attack, it 1a eald, was o veriea of articles in the Sun questioning the edl- clency of the Brooklyn Fire Department, HOTEL ARRIVALS, L. Yvans, Toledo; den. U, 8, 3 Do Willls James, orky W, ons, New Yorkj J. ¥, Lobdell, Now Yurk: Gen, eorgs O, Marcy, elphla; Dr, B, ¥, Bhinpson, Lowell, Mass. herman llousa—J. 1. Cooper, Houghton, E. 8, Lippltt, 8an Franclecos A, L, Cou- ger, Akron, O3 Wiillam Lajusky, Hungs: Anbrecht, Promlas J.M.Danforth, bubuque’ Yrovidence; Jobu Huwley, Clint cifo—W. I Rtogers, U, 8. A, +y New York; Willlam Van Nawe, M L . Rin- ney, rnont, 11k 3 A, 1 Yormay o0y M, [ Fuller' and J. D, Qurier, BcCoy, 3leadyllle; I, Hul sylvanio....fulmer lowe—NR. ¥, gulncy; R, W, Adaus, Charleston, 8, C.§ A, ole, New Yorks J. C. Uorhaw, Galveston, TeX. § Jacob flich, Dubuquei T. H. Manuing, ostoni C. J. Flels, Cedur Falle; J, 8, Mersll], Baltl- 3 d. W. Kiusley, Boston; I, Goodrich, Ruel= J. Bhlpberd, Cleveland,