Chicago Daily Tribune Newspaper, August 2, 1876, Page 4

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~ The Tuibme, PATADLE IN ADVANCE—TPOSTAGE PREFAID AT TI18 OFFICE. afly Fditton, postpatil, 1 year.. rarta of 8 year, permoith.. Masled to any Ad wecka for Yurts of n w opy, per year.. E.’!fif..flv'é. 5 Cinh of twent, Foutagepropald, Specimen coples sent free. T'x‘z provent delay and mistakes, bo sure ad Kive Poste ©Ofice addreas tn full, includlng State and County. Remittances may be mado ofther by draft, expres, Foet-Oftice order, or In registered letters, at our risk, 7ENMS TO CITY SUDSCRIBERS, * Daly, deltrered, Sunday excepted, 23 cents per week, Lally, delivered, Sunday luciuded, 30 cents wr"cuk Address THE TRIDUNE COMPANY, Coruer Madtson and Dearbornests., Chicago, ik e dandise TRIBUNE FOR THEL SUMMER, Tartleslcaving tha clty for the summer can have Tunr Dart.y TRipuNe forwanled to any address upon leaving ordersatour counting-room, Tho paper wilt e promptly mailcd {n a single Wrapper, postage paid, «tor §1 per month, Toolcy’s Thentre, Tandolph #troet, botween Clark and LaSaite. Ton Tastor's Troupe. Wand’s Nusenm. troet, hotween Dearborn and State, **4Tho GOMMEVer Of Mwcow. " Afternoon and @¥enfng: Adelplil Theatre, Monroo strect, corner Dearborn, Verlety perform- ance. zxposition Tullding-esCrystnl Garden. l.fk?fi\mvu. foot of Adams atreet. FPromenads Con- cert, Afternoonsnd evening. WEDNESDAY, AUGUST 2, 1870. __——_—_;_____—'——'_———————4_—__ At the New York Gold Exchange yosterday greonbacks wera quoted ot 80} to 89§ cents on the dollar. p——— The admission of Colorado sa n Btato of tho Union was yesterday proclaimed official- 1y by President Grant. Aecorfinfi the official exhibit for Ang. 1, tho reduotion in the national debt during tho ‘month of July waa 31,138,033, e At tho municipal clection in Portsmonth, N. 1., yesterday, the Republicaus cleoted their Mayor and an incrensed majority in the Council. There was a Ropublican gain of 600 votes. The Prohibitiomsts of Maasachuseits aro innbad woy, They have nominated o full Stote ticket, and all but two of thoir candi- dntes have declined. It would bo well if the remainder would follow suit, and for once forego the folly of spoiling votes that might be used to hotter advantage. Somm———————— The city and connty authoritios are at last in n fair way to como to o satisfactory ander- sianding on tho Court-Tiouso question. A conferenco of the Building Committes of the Couxty Bonrd and the Common Council yes- terdny doveloped hopeful indications of s speedy sotilement of the matter of construc- tion upon tho only practical basis—that of leaving tho entire work to the connty, the city to pay a fair rental for its haolf of the building, and oventunlly to pay bnck the nmouut advanced by the county, This plan seoms to have met with goneral favor among the conferrees, and is likely to be adopted ~vithout further unnecessary dalay. prtaibompstnien Ay Polico-Superintendent Hickey has done a good work in cutting down the regular de- toetive forco by weeding ont the rotten and wworthleus timbar, ‘Cho inefMciency of this Lranch of the Polico Department has beena ropronch of long standing, and the reductions ade will result in a positive benofit to the forco as well ns in the saving of n uscless ex- penditure. Tho same policy can bo pursued throughout the Dopartment with eqnolly good cficet, lenving the goneral cfficioncy of tho forco decidedly improved by tho dis charge of incompotent or uurelinble mom- bers., In this way tho reduction of pay may be mado to fall leas heavily upon the worthi- or policemen, while the working capacity of the forco can be practienlly incrensed by the climination of tho uudesirable element. The verdict of the Coroner's jury in the jnquest upon the bodies of tho victims of the Hamburg butchory was reached Monday, after'n long and thorough examination, The verdict charges tho crime of murder upon Gon, M. C. Burrrm, Col. A, P. Buruen, Picner DuTiin, and the Rev, J, Mezuine, nnd fifty-three other citizens of Aiken and Edgeficld Counties, and also upon thirty citi- zens of Georgia. Warrants for the arvest of all the partios implicated by the vordictare in tho hands of tho Bheriff of Aiken County, and will bo served at once, while Gov, Onax- perraN will immediately issuo a roquisition upon the Governor of Goorgin for the sur- . reuder of tho thirty citizens of that Stato. Tho South Carolinn Stale's Attorney lns been directed to take charge of the prose- outions, which will doubtless Do pushed without delay. Judge Baxos wns oxamined yestordsy be- foro tho Committce on tho Whisky Proso- cutions. Anattomnt ‘was made in the cross. sxamination by Mr. PraisTep, of Maine, a Republican member of the Committes, to fasten upon ox-Secretary Lmistow tho ro- sponsibility for the immunity granted to tho Chicago squealers, more especlally in tho coso of ey, but the attempt notably failed, it appeoring that the question of immunity was left entirely: to the discrotion of Government counscl nnd the Court. Equally unsuccessful was the effort of the gentlemnn from Maine to show that the whisky prosecutions were manipulated in tho interest of Mr, Bastow's nominntion at Cincinnati, One thing, how- evor, was quite clearly established by Judge Baxas' testimony, viz.: that in purchasing Renu's evidence the Governmont counsel paid a high price for an utterly worthloss wrticle, 'Tho Chicago produce markets wore genor- ally easier yesterdny and moderately active, MMess pork closed 860 per brl lowor, nt $18.40 for August and §18.60 for Septomber. Lard closed 100 per 100 1ba lower, at 810,00 for August ond $11.00 for Soptomber, Meats were easier, at 7{o for boxed shoulders, 100 for do short ribs, and 10fo for do short clears. Lako freights were firmer, at 1jo for corn to Buffalo, Rail freights wero unchangod. Highwinea were quiet, at $1.10} pergallon. Flourwas dull. Wheat closed {@1c lower, ot 8J0 for August and 92}c for Beptomber. Corn closed {@fc lower, at 4540 for August and 4b6jo for Bep- tomber, Oataclosed §@}o higher, at 80jc for August and 800 for Heptomber, Rye was firmer, at 55}c. Barley closed casier, at (90 for Boptembor and 67@67j0 for October. Hogs wuro fairly active, st slightly easier prices. 8ules wero effeoted ot $0.00@0.80 for inferior to extra—priucipally at $0.40@ G.60. ' The cattle trads was dull, with pricos weak and frrogular. BSales cd $2.00@5.00. Bheep were firm at §2.50@4.60, Last Satar- THE CHICAGU TRIBUNE: WEDNESDAY, AUGUST 2, 1876 l amendment providing for the inaligibility of the President for re-clection, and followed up by tho proper legislation for unpartisan appointmonts, competitive oxamination, and promotion for long servico and'Tnithfal com- patenco. Tho fnauguration of this reform, which is ronderod certain by tho terms of M. Haves' pledge, is one of the most pow- erful rensons for supporting him, and his own declaration shonld be supplemented by tho nomination of Republicans for Congress who will enter heartily into the projeet. Benator Gonvox'a plan for remodeling the revenuo servics wonld, wo do not doubt, be a voluablo part of & gonernl system of ap- pointmonts based on ncientifio prineiples, but by itself it would be pnrtial aud unesatis- factory, nud we question very much whothor it wonld bo productive of tho good result which he evidently hopes for it. It will be much better to defer action on the delails of tho work until the foundation shall be laid, withont which no part of the superstructure can stand, It isnot thoravenueservicoalone, but the cntire civil servico of tho Govern- ment, that should bomade to conform to the mnin doctrines which Benator Gonvoy's plan advancos, and this can only be broughtabout by reforming the head first and the body after. If Benator Goroox is earnostly devoted to the canso of eivil-service roform, ho can. not do better than read Gov, Haves' lotter of nacceptance vory carefully, and then go to his Southorn friends and sdvise them eandidly that tho best interests of the country de- mand Harzs' election. day evening thero was in store in this city 1,607,606 b wheat, 984,470 bu corn, 149,611 bu onts, 73,030 bu rye, and 845,886 bu barley. Ono hundred dollars in gold would buy $111,87} in greenbacks nt tho olose. — A cnrions confession of from tho tax-lavy of 1876, City Government, The Comptroller and Finance Committoo aro considerably encournged, wo understand, strust of the Confederato majority of tho Iouse is mnde Ly the Committee on Ways and Menns, which hins docided to roport a convonient resolution that both Houses shall adjourn next Monday, The resolution, however, will not bs submit- ted to tho House nntil Friday of this week, for tho reason, as admitted by Mr. Monnisoy, thot the adoption of the resolution would open the door (o tho allowance of somo 200,000,000 of Southern claims, which, un- der the suspension of the rules that obtnins during tho Inst ten days of n session, could bo pushed through by a bare majority vote. That theso claims wonld bo pushied through in this manner no one doubts,—lenst of all the more cautions and prudont lendors, who well know tho temper of the Confederntes snd tholr Northern nllies, and who have taken this precantion to provent the making rocord which would lose to the Democracy tho clectoral vote of every Northorn State, charged employes and begin making reduc. tions on the amounts dua thoso who remain in the employ of tho city. It is expected 000 on Treasury-warrants by noxt Saturday, and this sum, along with that which has al- roady boon roalized from provious saloy, will be sufficient to pay off in full all the dis- charged employes, and cancel tho entire pay- roll for April. If the entire million nuthor- ized 5o for shall bs promptly taken, it will onablo the payment of nll employes up to July 1, if not longer, nud n considerable ro- lef will thus bo afforded to n largo class of peoplo who have beon nclually snffering for want of money dus them from the city. THE TAX OBJECRIORS, Having disposed of a largo numberof small- fry cases of objectionsto the tax-lovy of 1875, tho mnin connsel for tho objectors on Aon- dny informed tha Court that he had a groat contempt for objections founded on more technicalities, nnd then stated as substantinl objections to requiring property to pny taxes the following rensons: 5 1, 'That tho ordinance of thoeity recited that it was enacted by the **Common " Coun- cil instead of the ** City " Couneil, 2. That the ordinance nover took effect, 8, That tho wholeordinanco is void becauso it contnins an approprintion to pny interest on a debt which was unlowful. Othor objections wore to the effect that the wholo Revenue law of the Stato was uncon- stitutional; that tho valuntion of property in this county wag void because of the addi- tions made by the Board of Equalization; that tho appropriation ordinance wns void beeause not published thirty days; that it was void becausa tho city had no authority to approprinte money for school purposos. Tho objections that the city had no logal authority to mako appropriations for school purposes, and that it had no authority to make nn approprintion to pay intorest on temporary lonus, ara tho only ones which are dirceted ngoinst tho tnxes; the others rest purely on technicalities, and tho gentlemen who object to paying tnxes beeauso the or- dinance describes tho Conncil ps **Com- mon” instead of *.City,” claim to bo ranked in history with Joun Hancoos, Hamroew, Oraven Cnomwery, and Geonoe Wasniva- ToN ! The objoction that tha city has nd power to appropriate money for public schools is hardiy worth dignifying a8 a substantial reason; and the other, that tha city bas no suthority to approprinte monoy to pay in- torest on o temporary loan, is intended, of conrse, to raige thoe validity of any and all temporary lonns. Considering tho fact that tomporary loans have beon mado neceseary boeause of tho failuro of theso porsons to pay their taxes when duo, the objection, assuming that it has any logal substance, comes with bad grace from the class of men whoso object in all theso procoodivgs is to compel others to pay their taxes, and to dead-beat upon the community, The Courts have an acquaintance with this class of por. sons, and whon theso mon with their paltry technicalities go to the Supreine Court, thoy may expect to have that body ropeat to them the following romarks, mado loss than balf o year ago to another batch of tax-fightors under similar cirenmstances ; Allof the objections In this cnse are meroly technleal and devold of merit. Thoro Is no pre- tense that the property of objectors 18 not llable to be taxed, nor thai thoy are unfalrly or unlaw- fully nswosseds; , nor do they claiim that a greuter 7ate 18 impored tipon them than upon other cltizens of the district, nor that the amount levied is not indlspensable to the County and Township Govern- ments, the keeplng of roada nnd bridges in repalr, and for the maintonunce of achools and the pruser- vatlon of order. These are not only legal but in- dfspousable purposes, and no Just reaeon is scen why the objectors ¢hould not pay their fair and st proportion of thicse burdena, #o far as they are msmled npon the property In the munlelpality in which they reslde. It would not be altogether fair to auppose they desired to eacapo thess busdans when enjoylni all the benofits dertved from thoir exponditures, and to unjustly impose them on oth- ers who enjoy no more, 1f #o much, of the benefits flowing from tho malutenancoof theso institutions, This is the language of our own Suprame Court, and its applienbility to_the objoctors who are now fightingtheir taxes in the Coun- ty Court is obvious, , SHALL WE HAVE ANOTHER PANIC1 The movemont of the bunks to reduce their circulation continues. Taz Tumsune recently gave a statomont by the Comptrolier of tho Currevcy showing that between the passage of tho aot of Jume 20, 1874, and July 1 last, the large amount of §48,463,641 of circulation has beon retired. Tho salo of bonds by the banks end the dopositing of graenbncks with the Treasury to redeem Na~ tionnl Bank notes goes on, and is meking a large iarond on tho currency of the country. No searcity of currency is felt as a rosult, Millions of dollars of greonbacks in oxcess of the resarves roquired by law ave heaped up in benk vaults in Chicago and in other financial contres in the country. Naot only is capital accumulat- ing in Ohicago, New York, Boston, and other cities, so that tho financial columns of the papors aro filled with complinta of #the surplus of loauablo funds,” but monoy— ourrenoy—is being piled up as well, Whon tho logal-tenders wore sent flying through the air, in the sccond yoar of tho War, their effect wns to raise the prices of commoditics ono after another, This was iuflation. But the inflation, as inflation’ usually does, burst, We had tho panio, aud tho succoeding, and not yet ended, fluinciol crisis, Prices began to fall, and have beon doclining steadily over sinco. An interesting fact of ourrency is that inflations, onco resorted to, 'Joduce a rogular serics of spoculation, rise in prices, pauics, fall in prices, accumalation of capi- tal, aod thon o recurronce of the samo seriea from apoculation to auother break. down, Wo have apparently now arrived at & point in the bistory of our ourroncy whero, were no other causes Lo interfore, we should seo the capital and curroncy now ac- oumulating overflow into speculation and so ou to another panie. But othor causes havo iuterforod. Tho question of resumption is boing discussed in a woy that promisca o specdy reappenrance of tho genuine American coiu in circulation, snd the banks havo inaugurated the considerablo reduction of circulution to which wo have alluded. A redemption of the greenback in spacio would fundamentally change tho conditions of our currency question. The hoards of papor mone¥ that now find no cuployment would be replaced with silver that alona ia the true international monoy, and tho valuo of silver throughout the world would be appreciated by thi very process. Tho silver dollar would prove an casy stop botweon the groenback and the gold standard, if the peo- ple subsequently decided to, adopt that metal 08 tho logal-tendor, 'Tho iuternal ef- fecls on tho currency of this country would In responso to a resolution of the Sennte, ndopted July 20, calling for informntion as to the recent slaughter of American citizons ot Hnmburg, 8. C., tho Presidont yesterday submitted o lotter containing inclosures of papors recoived b: him, and also his lettar to Gov, Cmaumenrary, In tho latter docu- mont, now lnid bofors the conntry for the first time, tho President fully concura in tho viows oxpressed Ly Gov. CHAMDERLAIN re- specting his duty as Governor of tho Stato to proteot tho lives of citizens and to seenro their civil rights, and urges him to go for- ward fearlessly in the dischargo of that duty in the present instance, giving nssurnuce of the aid of the Federal Government to the oxtent that it may be Inwfully and constitu- tionnlly rendered. 'The Presidont nses plain languago in treating tha question of mitrder and torrorism in tho Soutl, charncterizing tho Hamburg affair a3 cruel, bloodthirsty, waaton, nnd unprovoked, and declaring that Mississippi is to-dny governed by officinls chosen through fraud and. violenco such ns would scarcely bo aceredited to savages, much less to a civilized and Ohristinn people. BELXNAF'S NARROW ESCAPE. Tho result of the Bzrenar impeachment trial is not differont from what has been ex- pected for soms time. It has been evident for sevornl days that the Sonators who origi- nnlly voted that thero was no jurisdiction in lis case (gince he had voluntarily abandoned the position from which conviction by im- peachment would have romoved him) would, on the same ground, rofuse to vote for his conviction, and that thus there would not bo a two-thirds vote to convict him, It was o nice question of moral right and wrong for ench Senator to determine for himself. Juris- diction was asserted by a moro majority vote, but it required two-thirds toconvict. Twen- ty-threo of tho Senators voting against con. viction explained that they did so becnuso they belioved they had no right to convict since the Senate had no jurisdiction in the’ casoe. Oneof thom—EstoN of Connecticut —ig n Domocrat, and ho was the only Demo- crat who seomed to be restrained by this delicate question. Only two Benators ont of tho entive sixty voting—Coxovrn of Florida and Wnienr of Iowa—voted to scquit him becauso they belioved the charges had not been wustainod. While, therefore, tho voto is recorded ss 35 in favor of conviction and 25 agninst, it stands roally 58 to 2 on the question of his gnilt, and he comes out of the trinl as thoroughly disgraced as if no question of jurisdiction had been raised. Thoe only penaltics sttached to conviction on impeachment aro removal from pflice and disnbility from holding office in the fature, One of theso BereNay imposed upon hime self when he resigned so hastily after Lis vicious practices had beon disclosed by Mansn's testimony bofore the Congressional Committee. By thus resigning he tochnic- ally escaped the other pennlty, though practically he will not ba ablo to avoid it. Ho is evidently through with public life. No party now in existenco or that may ever bo organized will contemplate for moment confiding any publie trust, however smnll, to' the keaping of a man convicted be- fore the world of selling the offices at his dis- posal while Secratary of War. The real pen. alty which ho must suffer throughout his on- tire lifo is the disgrace which attaches to his offense, and this is fixed indelibly upon him by the vote in tho United States Scnato aftor o full and fair trial, where his conviction wonld have been all but unanimous if there bhod beon' no dispute as to jurisdiction. Derxyar is also under indictment in Wash- ington for accopting bribes, aud his prosecu- tion in tho Courts sbould be carnest and dili- gent. Wo hope tho result may prove that tho Jaws of the Unitod States aro ndo- quate to the punishment of bribe-takers ag common felons aro punished, for it is in this way, rather than by long and tedious process of impeachment with sontimental penatties, that- official corruption can best be made odious. THE BASIS OF CIVIL-SERVICE REEORM, Benator Goroox hes reported a bill in the Senate looking to tho establishment of a compotent and non-partisan internal-reventie gervico. It is not likely that any action will be takon upon it at tho present session of Congross; but tho project, like all others honestly looking to a purifieation of the Government service, is worthy of respectful consideration. Gon, Gorpox's plan pro- vidos that all appointments to the rovenue service shall bo ju the lowest grades, viz,: Gaugors and Slorckespors, nnd‘ that the highier grades—Supervisor, Collector, and Doputy-Collector—shall bo filled by promo- tion from the lower grades; that both ap- pointments nnd promotions shall bo made upon the rosult of competitive examination ‘befors local Boards, consisting of two per- sons from the majority poarty nud one from the minority party; that no applicant shail be refused examination because of adhercnce to nny political party ; that the examination ghall bo first as to moral character, aud sacond as to intelligence and capacity ; and that it shall be lawful for tho Commissionor of Intornal Rovenue, with the approval of the Hocrotary of the 'Freasury, to romove all Supervisors and all ofticers of lower grade in tho Internal Revenue Department from office for incowpotency, for neglect of official duties, for malfeasanco in oflice, for paying monoy for political purposes, or for using ofticinl influenco for the same, but not with- out such cango, This is o brief outline of the bill, giving its most essential’ features. Its spirit is undoubtedly commendable s in tho right direction, and the constitutioual provision on the appointing power vests in Congress the nuthority to regulate the man. ner of sclecting tho incumbents of tho subordinate places in the Government gervice, But it may well bo doubted whether the plan would be as efiicient as the pro- jector ovidently anticipates, though an im. provement upon the presont system. Tho charneter of tho rovenuo service would do- pend at last upon the President, who would have the appointmont of the Beeretary of tho Tronsury and tho - Commissioner of In. ternol Revenue, who would in turn be able to render the scheme operative or inopera. tivo according to their inclinations, In ouo word, tho clinractor of tho eivil rorvice, first and last, depends upon the Prosident, and no schemo of roform is com- prehiensivo and intelligent that doen not begin with the DPresidont, and first re. move him from the temptation of partisan aud personnl influences. The very basis of roforming the civil service, then, is ncon- stitutional amendment making the President ineligiblo for re-clection, and oxtending his torm to six or sevon yoars, A soven-yenrs' terin would bo better on some nccounts than n six-years' torm, as onc-half the timo the clection of President would occur in ayear whon Congressmen would not be chosen, nnd it would thus give the peoplo freerscope for shnping their national issues, No man elected to the highest oflice in the nation, and confronted with the fmpossibility of extonding thae term 'of his power, would be tempted to uso the pat ronago of tho Qovernment in any othor way than that which wonld contribute to the bonefit of the Government and the good namo of his Administration. On tha other hand, there are fow men who conld resist tho tomptation of wiclding tho enormous influ- cnce and patronage undsr their control in the interest of an extension of their own offl. cinl terms, ‘This bas boen the sum of our experienco thus far, and it is certain that no schieme of promotion on compotitive exam. inntion will provo officient to prevent the partisan or personal use of tho Government patronage so long as the President exorciuos control at the last over the appointment and diswissal of the heads of departments, aud is governed by partisan or personal cousid- erations, Mr. Ilaves, the Repullican candidate for Prosident, is the most straight-forward and practical clvil-servico refornior of tho presont day. 1o does not proposo to wait for acon. stitutionnl smendment. Ho proposos to pledgo Limself in advance, as ho bas done in his letter of acceptance, that ho will serve but onme term, and to nusist by every means in his power to svcuro this per- manent chango in our system, which is the basis for the romodeling of our entire civil sorvico. 1o begins at the beginuing, and assures reforin by placing himself ouside of overy temptation to sucoumb to mero por- sonal or party influences in the disposition of the offices, 1lis administration, then, will efford the long-desired opportunity for a thorough rvemodeling of the American civil service, beginning with the constitutional ‘THE PAY OF CITY EMPLOYES, ‘We are informed that all tho money duo city employes for services rondered prior to April 1, when the now fiscal year began, has been paid over out of the tax-collections of tha yoar 1875, Having dono this, the City Government has no authority to use the monoy now in tho City Treasury which has Leen received from thotax-collections of 1875 for the payment of sorvices rendered or clnims accruing within the nppropriations for the current fiscal year, This will explain the apparent injustico of allowing tho employes to wait for money actunlly duo thom while thore are funds in the City Treesury, The officers of tho city are inhibited from using tho tax-collections of previous years for the expenses of the current year, 50 long os debts remnin from pravious®years, ag the Circuit Court, in defining the «haractor of the city corlitfeates, held that thoy were payable out of the tax-levy of the year in which they wero issued. Haoving paid tho employes firut ns for as there was nuthority, and up to the end of thu last fiscal year, the only lawful disposition of the money now in the City Treasury and coming from tho County Treasurer {8 to apply it on a reduction of the outstanding indobtedness in its various forms, viz.:+ Money due on old contracts, money due to tho several specinl funds, from which it should. nevor have boen borrowed, and money due on the outstanding certificates of indobteduoss. This is the use, wo understand, that is being wndo of it. Thoro is only one source, therefore, from which the monoy cau be lawfully obtained to pay tho clty employes for their sorvices since April 1, aud this s from the sale of the ‘T'reasury worrants now offerod by the Cowp- trolicr, and drawn against the tax-lavy of the present year. At the samo timo it is unfair and unjust o dischorgo mon from the em. ploy of the ¢ity, as required by the recent ordinance reducing expenses, and not pay them the throo or four months' wages duo them at the timo of their diamissal, If the peoplo of Ohicago desire, then, to have the retrenchment bogin at once, 'and without such palpable injustice to the city employes ns will occasion popular indiguation, they will coms forward and advance the moncy on the city rovenuo warrants of 1876, 'The peyment of these warrants ay they fall due has boen rondered absolutely sccure by a so- ries of eafoguards: (1) There is no suthority to issuo them in excess of 75 per cent of the tax-levy pledgoed for their redomption ; (2. 'They ara receivable, principal and interest, in payment of the taxes of 1876; and (3) tho Council at its last meoting adopted & sole emn pledge that theso warrants shall Lo ro- decmed ont of the first monoys collected If persona hav- ing idle money will not dvance it at 8 per cent intereat on anch seourity as this, then it will indeed becomo necessnry to nbandon the that thoy will now bo nblo to pay off the dis. that cortain capitalists will advanco 3200, not ba less important. of speculation, and the ond another crash, It must not bo oxpectod that the retiramont The banks aro notoriously selling their bonds be- canse thoy nre high, not to get rid of circu- And, although $48,453,641 is a lavge sum to withdraw, it took two years to do it, and ovidently that {3 not n remedial process rapid onough to affect tho swollen volume of Some other menns must bo used for that purpose, What of bank circulation will prevent thia, lation. our jrredecmable eurrency. itiswe have indicated above and elsowhore, and wo regard it as the precaution that alona will eavo tho country from another panic. Bat Tur T vory well that to raise N know & o constitutional objection fs aimply absurd at this Jate day, and that the iron anu wool intereats, lmnn&r othera, which aronow at a very low obb, wonld bo absclutely destroyed it all protection sero removed, —Avening Journal, T'ho fron intercst is deprossed in all iron- making countries nt the presont time ; but owr manufacturers aro able to fill Canadian orders for iron and steel in competition with English iron-makers, which fact shows that “ protection " is not essential to their exist onco. Vory mauy woolen manufacturors de- claro that if duties wero removed from wool and other things ontering into the compasi- tion of the goods thoy should need no ** pro- teetion,” but conld sell in foreign markots in the faco of nny competition. Whilenahigh tarift 4 protects,” it handienps tho manufaclurer, and the beneflt to him, asarule, is more than ‘balanced by the injurious incidenco thercof. The protection granted to ono intereat taxas, hampers, aud injures all others. Thus the cotton manufacturers aro barely ablo to ex- port a little in the faco of the obstructions and inoreased oxponses caused by * protec- tion " of othor interosts. Tho same is true of iron and steel, and lenther, paper, and wooden-ware, If our manufacturers wero as freo from tho *‘ back-water " of protootive tnxes ag those of Great Britain, they would not only supply their home market, bus they would export moro goods than any of their rivals, for the reason thet food, fuel, and ossontinl raw inaterinls aro produced chespor and in groater abundance in this than any other manufacturing coun- fry. As to the constitutional question, Tur 'Inung belioves that a duty imposod for the purposs of go-called “ protection” finds no authority in the suprome Inw of the land. At tho same timo, it admits any duty levied with the view of ralsing revenmo affords “incidental protection,” nnd * protection” to this cxtent Tne Trisuxe does not oppose, But o tarif imposed to prolubit or to in- crense the cost of gooda unreasonably to tho constmor, in order to cnnble certain classes of manufacturors to chargo high prices for their wares and fabrics, Tne TrmuNE regards ns an impropor, wrongful, and unconstitu. tional use ‘of tho taxing power. If the Jour- nal were candid, it would concede that the position of Tnr Tpmune is sound on this question, There are oncouraging Republican reports from all parts of North Carolina. The party nevor was botter united. The nomination of Judge Berrie for Governor is a vory strong ono, and it is claimed that, in addition to the colored vote, ho will poll more white votes than any Republican condidate has done ginco 1868, The highest vote tho Confed- orntes ever cast.was 98,217, in 1874; and the ‘highost vote of tho Ropublicans at o Stato clection was for Governor in 1872,— viz. : 08,680, The Republicans now claim that they will poll this fall 105,000; and it they do they will carry the State, The Re. publicans have but one momber in the pres. eur Congress out of cight, but thoy oxpect to oloct three, the same as thoy did four yoars ngo. Quite s number of Union men who have been acting with the Confederates have declared for Haves and Serrre. Wo understand that when Gov. HATES was intro. duced to a geutleman from Auguata, at tho Con- tenninl o few wooks ago, the Rtepubllean nomiuee asked him how Georgla would go in November, +Fifty thousand moJority for TiLukN and Hex- nuscks, " was the replf. Our townaman wus cx+ ceodingly moderate in_hie estimate. The Emplre State of tho South will give TiLueX and reform a ool hundred thonsand mojority s cortalu as No- vembar comes, —Anqusta (Ga.) Chronicle, The * coal hundred thousand™ is bascd on tho nssumption that the reign of futimidation over the bluck Republicans will be continued. 1t the Republicans of that State fell safe in turu. fug out to the polls In full strength, the TinprN ticket canuot beat thy ITATEs ticket 10,000 votes. In 18068 the Republicans polled for thelr Stato ticket 83,627, againat 76,850 for the Confedorate ticket. After that election commenced the relgn of terror over the colored voters. In 187 the Confederate candidate for Gov- ernor recelved 103,820, while votes wers returned for the Republl- can candldate. ‘Two yenrs ngo the Confedorate ticket recelved 93,847 votes nnd the Republican only 83,161, It the Republicans all abstaln from the polls and the Confederates turn out in full strength, thelr majority will Ly 100,000, as claimed by the Chronicle. If half the Repub- licans arc allowed to vote, the Confed, ma- Jority will be 45,000; and if all the Republicans are permitted to vote, the Confed. majority will nut exceed 10,000—perhaps not more than hal of that, If clections in (eorgla wero held ns fairly us in Illinols or any other Northern State, the result would be close, i€ not doubtfu), ana the Republicans would eclect Congressmen in threo of the nino districts. But the Coufeder- ate shot-gun and rovolver argutncnt is go per- suuslye that they stay at home on election days, v Sl Setcdsn o A consideratfon of the cost of high life has its fascinations even for the poorin purse. We find in the Now York ZTimesau fntelligent dis- cusslon of the subject, The writer of the article malntalns that it fs all but impossiblo for the wealthiest Americans to spend more than $100,000 per aynum, while In England a noble- mun often lays out for shnilar purposes five thnes the lar 4 bunting establishinents whicli are s tatned (n the latter country, snd partly to shie greater extent to which visitors are entertaiued by the owners of largo cstates. it is cowmon enough In Eugland for twenty to sit down to dinner for months togother, and a bundred mouths are fed daily. I[n this country, on the other hand, the practico of entertainiug fa pure sued only on o limited scale. The household expenses of a millionafro Amerlcan aro es- timated os follows: Interest onthe purchaso- money of & house In New York, a country residence, and & villa at Newport, $23,000; yacht, $20,000; scrvants, $4,600; walutenance of houschold, $7,000; 2,000 guests, belng un everage of nbout five o day, at $10 per head, $20,000; repalrs, cte,, $3,000; feed of ton hor: $2,600; stable expenscs, §5,000; s winter's bol), $5,000; totul, $03,200. e ——— Southern Republivans realize more completo- 1y than thelr Northern brothren what would be tho results of a Democratic victory iu Novem- ber, Tho New Orleans Jeepublican gives vobeo toa sentlinent which wo belleve to Lo wido- spread fn tho Bouth when {t sayst “Tho posi- tion of Mr. TiLDEN 14 preclsely that of Mr, Brewanan. Ho would decin it bia duty to re- frulu from avy fnterventionin State affairs.” Unloss specis ia aub~ stituted for tho superfluous aud intrinsienlly valueless greenback, wo must oxpect tosao tho inovitablecireloof causoand effect comploted in our inflntod currency, Tho present stag- nation will bo succeeded by a gencral move- mont to invest the paper in something that has value, and we will again bo aflond on tho flood.tide of rising prices and gay timea, DBut tho glow will Lo tha glow of faver, the prosperily the hollow mockery 46,648 tmuch, The differcnce 1s due partly to In other words, if the Bouth should hecoms turbulent during the Administeation of Mr, TiLngn, his political principles would compel him to treat tha fact as if it did not exist; if the Routh should prepare for rebeilion, Mr, TiLbEN wrould merely oecupy the anxlous scat, arxt wait forfttorebel. The poliy of BUCHANAN was only alogleal consequence of his State-Rights principles, which Mr, Tipey holds In common Wwith the Democratic party. —e— Mr. J. EsAtss Wannsx, a gentleman who has been long prominent lu Chicago buainoas circles, haa propared a lecturc wihich he proposes to de- liver before lycewms the coming scason, Mr, Wannen was the author of the very interesting and able article on Moroceo which appeared in Tun TriouNg of last Monday. Ile Is poseessed of uo menan degree of literary skill, having o pletaresque and facllestyle. Asa public speaker he lns had considerable experionce. There Bcens to be no renson why he should not achieve distiaction in the new fleld of effort hie has en- tered. 'The title of s lecture is ** Memories of Spain.? e——— How ofton must wo notify correspondents that anonymous communications go Into the waste-basket unread e —— PERSONAL. James 11, Blood, possibly witha sinister motive, autnorlzes tho atatement that Victoria C. Woodhull :lonn degerves crodlt for the writings attelbuted to her. Tt 18 now conaidored cortain that Rastont and the #ixteen Cotnmunlats with him, who escaped from New Caledonia last year, perlahed on tho rudely constructed eaft with which they put 1o sea, ‘The London Athenaum notlces with paln that many Doctors of Divinity created fn America can- not read tho Ureck Teatament. Weo have notleed also that many of thein cannot read tho humon heart, Mademe Michelot docs not think that her late ‘husband's memory wiit bo honored by a monument erected Ly the Soclalist students of Parls, and sho has made a pnblic objection to thoe subscriptions Legun far thnt purpose, Bayard Taylor's new volumo of parodies contains a capltal hit at Joaquin Miller, Those who know the poet of tho Blerras through porsonal Intercourse or his published writings will reliah ** The Fatc of tho Fronticrsman," It opens with the couplot: hat whisky-| Rk AR A Theaction of the United Biates Scnate Inre- ducing the ponsion of Gen. Custer's widow from $50amonth to$20 1s characterized by tho Now York ferald na **tho meancst sct of a mean Sen- ate.” It docs scom that, ot a time whon rivers and harhors are 8o laviahly provided for, tho widowsof our herolc soldiers onght ot to be left In want. Dret Harto's novel Is gonorally adjudged on this aido the water, ne it was, on the other, & completo fallure. The cditora of Scridner's Monthly, in which **Gabriel Casuroy" hoa boen appearing, wora rejolced, it 18 wald, when the story wag fin- fehied. That it wary hastened to ita end by the #trong hand nobody, secms to doubt. Edumonia Lewle, tho colored sculptor, writes; ** A ludy, a rich’Indy, too, came tomne and eaid, * Misg Luwis, ty atls n very beautlful statne, but don't you thinl¢ it would ba more proper to drapo itr'™ The ltilles aro onrs, We should like to ba informed by*Atiss Lewle, or some otlier competent persion, Whrr s rich lady caunot have feelings as well aa otly e peoplo. The roprart of the doath of L. P. Richardeon at the hanw, of tho Indlans seoms to be at tho least prematv.re. A Cheyenne editor points out soveral serloua miatakes [n thoalleged statomentof **Johin AMarsh *' concernlug the finding of Richardeon's memoranduni-book. Rigid ingniry for **Jahn Mardh, of Deadwaod," has falted thus far to estab- lish the existence of such a person, A French lady destres on tho back of a postal- eard that we should propare tho way for the gol standard as John did for Christ. The wide differ- enco batween those days and oue own constrains us respecttully to decline the invitation, - John's methods of preaching would uot accomplish ruch In tho presont day; and, ae s mero motter of taste, :\\'lolprurnrnnl tondopt eltber his raiment or his ot The leading Unitarfan organ of Boston denies that Theodore Parker as o teacher ranis mext to Chanutng among Liberal Christians, It says James Martbnean, or oven James Freoman Clarke, exerts a mure powerful inflncnce fn bokalf of tho couse throughont tho world thon Parker. The writings of the latter, with all their conceded merits, are too ntemperate, dogmatic, and illibersl in their treat- ment. of opponcnts to disarm projudics or ob- tain calm and favorablo attention to his thoughts, A Boston gentloman on the 3d of last June re- corded. signed, and sealod o prediction embodying the following pointa: (1) That Hayes and Wheeler would be nominated at Cimvainnatl; (2) that Thiden and Hendricks would be neyminated at 8t. Louls; (3) that Mayes und Whed'ier would be olected In November; (4) that o certaln person designoted wonld bo Sccrotary of V/ar nnder the now Adminis. tration, ‘The predictio.na thua far havo been singu- larly verified. ‘The Mvoston Advertiser vouches for the trath of the story . . Tho thrifty Sultar, of Turkey, on his accession to tho throne, sentth o watch of his prodecessor to Paris to have tho /31 inltials orased and new ones inecibed. By 71l sccounts, the new inltials in thelr tarn will 1.00n have to be rubbed off. The process, We prv sume, Is not capable of being con- tinned indefind tely; and we fear tho day is not far distant when ' tho Porto will need 8 now watch. An favestment @ £ this magnitndo will be likely to pro- clpltate a pz.nfc in Turkish bonds. The Bourse snd Lombard ‘streot, to sny nothing of the Chicago Board of. "I'rade, had better bogln to take in sall, Laura”Ream aporopriately sonds (o the Clncin- nat! Cot amerclal o lotter soveral columns in length recitaygall the occuslons on which Congressmen have **dropped into poetry™ the prescat seaston. We lsarn from this source that a Florlda membor wendto **Richard IL" for pat lines touseinan odituary, whils thy ¢legant Mr. Banks frightfully mangled a familiar quotation from **lamlet." The ferruglnous Mr. Kelloy gave scope to his fmagination, and, putting himeelf in the place of tho lovely Desdemona, sald, **1 do perceivo here a divided duty." Wo aro glad to lcarn from several members that **Truth crushed to curth shall rise agaln;" from several others, that ** Westward tho course of omnplre takes ita way;" while we are gratefnl oven to the Southern gentlemen who quote with solemuity fitting to the occasion the now fumous rubblsh entitled **The Bivounc of the Dead.™ Theso goms of poesy Hhuninate the other- wise dirk wastes of Congreasionnl oratory. Thone who havo been privileged tosit ay students 1n the class-room of Prof. Perry will appreclute tho following candid admlssion 1 the preface to tho now edition of hia **Political Leonomy:® I cannot conclude (his preface without expressing my sauso of indebtedmress to the succossive clasacs of intelligent young men to whom I have pro- sented, and with whum 1 have dlucussed, now for almost n quarter of o centary, the facts and priu- clples of this fascinnting sclence, It scoms to me na if ovory possiblu objection to the Jeading polnts in this book Las been ralsed, ot one thnu or an- other, In my own lccture-room, Sometimea I Lavo bown convieted of ersor in winor points, and many thnes beau fortified In tho teuth, through an atterript to romove objections started thus Ly students,” The Professor §s nover *‘stumped™ for suswers to objectiona n the closs-room, whate wver may be his exporieuce In the solltude of Lis own study, 'Tho workingu of female suffrage Lave recelved & practical {ilustration In the Order of the Patrons of Iusbandry, Ithas boen shown that {n tho twenty. #ix recorded divisions of the National Grange tho mazried women voted cleven times out of twelvo with their husbauds, The Inference {u that in the Lroader domain of natlonal potitics tho results would be the same, and the effect of womal {frage would be simply to reinforce the votes of the men of family, Advocates of the change will doubtless argue that such o reinforcement would wot be dotrimental ta tho public welfare, while the opponents of the measure will pregent thelr stock argument, namcly, that the fawily fs the unitof soclety, and slways has beon sinou the patrlarchal days, and that any now arrangenent of Integral parts would be hazardous, Ae the upshot of the debute on both sides we, tho men, will continue to it humbly at tho fect of Miss Anthony and Mra. Htanton, and to vote solldly sgalnat them. ————— AN OSHKOSH BEHEMOTH, Spectal Dispatch to The Tribune, Osngosu, Wis, Aug. 1.—The femalo gea-llon of Cooper, Balley & Co.’s ¢ircus and mensgeric escaped futo Lake Winnebago to-day while the wugon wos In tho water glving tho lions a fresh bath, Littlehopes of its rccovery aro euter- talned, Five hundred dollars reward has becn offered for its recovery. Tho sea-lion was to havo ziven birth to youog in two wecks, It not captured, it 1s expiected to stock our lake with an ebunduuce of seals, - in relation to tho erection of the new City-all THE COURT-HOUSE Conference of Aldermen ang County Commis=- sioners. An Agreement Arrived g with Singular Hara mony. All Favor tho County’s Con. structing the Entire Bullding. The Counoil Asked to Make & . drma) Request of the County Board, Elaborate Discussion of the Quug. tion of the Grand Dome. A Feeling that Its Completion Oan By Temporarily Postponed. A conference was held yesterday nfteinoon sy the County-Bullding between tho Bullding Com. mittees of the Council and the County Board, and Court-House. Commissioner Lonergay -called the conferance to order at 2:80, and thy «<all for the confercnce was read. Ald, 8heridan wanted to know if there was s copy of the contract between the eity’ and county, and was informed that there was, It ‘was furnisbed and read to the conference, ALD, VAN 08DDL anid his Committeo had boen inatructed to recs ommend the plan as contemplated by the con. tract, and for that purpose he called attentlon to the letter of N, 8. Bouton and othersin regand to the Boylngton plan. It liad been referred to the Budlding Committeo of the Couuctl, aud ke thought It was proper to lny it before the Cone ference Committee. The letter was then read, and the Alderman stated that as it required Joint actlon he would lcave it to tho County Committee to sny what should be done withit, requesting, however, that 80mo actlon be takea on it, Com:missioner Johnson aaid the samo letter was recelved by the County Board and placed onfile. No plans accompanied the communies tlon. A. plan was exhibited in Mr. Boyington's office, and some of the Commissioners saw it. AX. Sueridanstated that before they could act Intelligently they ought to to have the plans before them, Comrntssioner Lonergan sald that so fara ‘4he Bocad was concerned, MR. DOYINGTON'S PLAN’ ‘had bem dlsposed of long ago. Al Sheridan nsked 18 it could not be entew tained. Commlssfoner Johnson said he thought not at such a late day. He stated that the pln upon whdch they were working had been ac- cepted by the Councll and the Board of Publle ‘Works ot the previous conference. Ald. Van Osdel asked if it was not afterward repudintod by the Council. ‘ornmisaloner Johnson sald {t swasnever really taken up by the Council, but that the Coun hud shown tho Commiftoo that the Bosrd of Publlc Works had the right to adopt tho plan. Thoy had authority from tho Councll Eo Bo aliead and accept the plan, COMMISSIONER M'CAPFREY went into s lengthy explanation of the matter, Tho County Board ndogted about a yearagos plan presented by the County Architeet. They, woraghen negotlating with the Council. Therd was finally n consultation on the subject, and the County Committee were informed by the Council that the Board of Public Works was the anpr.r authority. Mr. Egan then submitted is plans, already adopted by tho County Board, The contract for the foundations on the original plan had then been lct. Egaw's and Tilley's lans were submitted to the Board of Public Works, The Bourd of Public Works did not approve of Egan's plan, nor of Tllley’s, cither, aud both plans were Iald aside, and the architeets re quested to draw up a compromise plan. Inthe courso of & week or so Egan subimitted tothe Board of Public Worka tho plan which was now being acted upon in the ercction of the Court- House. In a conference with & Joint Com- mitteo of the Count{ Board, the Board of Public Works, the Bullding Committeg of the Councll, and the Mayor, thls compromizo plan wns ndopted. Tho matter was reported to tho County Board, which reconsidered 1ta former action, and adopted the compromise plan, Since that timo there bad been uo further conferencea with the city in regard to the Court-ouse, It was understood J’ the Coun- ty Board that tho Board of Public Works, elng the proper authiority, had ndannd this compro- misa plan before the County Board touched {t st Ald. Van Osdel sald that wasabout bis under- stan@ing of the matter. Thatno further con- ferences had been_held was not the fault of the county, as he could sce. COMMIBSIONER LONBRGAN * stated that Commissioner McCaffrey had omitted one thing, When the Jolnt Comimittee met, two l)lunu wore presented—ons by Tilley and tho other by lqi,aw The Cullnl.{ Bowerd lad adopted the lntter, but 18 dldu’t sult the Bourd of Publle Works, tho Mayor, or the Bullding Committes of the Council. " The Jolnt Commit tee instructed the two architects to prepmres new plan, or plans, in cass thoy could not at together, Two or three dn{: afterward Tilicy reported to tho Board of Fublic Works, refus in to act in conmectlop with ~ Ecun wi‘n‘o called on the of Public Worka with his new plan to ascertain what they would do. 'm!u( refused to have nnythln{; todoit, Egan’s plan was_submitted to'the Board of Publle Works, and npgrovnd some_ ten_or twelve days afterwards by the Board, and subsequently ndogled by the Mayor and Buflding Committeo of the Councl, Canralssioner McCaffroy sald tho question a3 to who ‘was the proper authority had been re- ferred to Corporation Counsel Dickoy, who do- cided that the Board of Public Works was the proper authority, 'ommissoncr Johnson stated that the only reason the plan was sent to the Councll for it approval was that the appropristiun was 80 auch hijgher, but as far as tho question of nu- lh,urll[: Wua concerned the Councll conceded thing t! n?l Bourd uf ll’uhm: Works hud the author ity to adopt any plau. ¥ 10 M o1t 8d o hind tagked ot M. EFun’n plan ut thut gentleman’s otlice, and by glvon it o personal examinution, Hewould like other members of the Bullding Committes to ‘have a glance at it. MR, BOAN, who was present, brought forward his yolume Inous arrangement of plans, and spread it out on the table. Everybody gathercd near while tho architect exbibited” and explained the Yxmlm features of tho plan at some leogth. o was asked how much the whole structurs would cost, and rnrlled about 83,500,000, with- out the dome, which, of itself, would cost sbout $520,000, Hu was nsked wseveral questions in segard to the practicability of dispensing with the dome, and explalued very fully how the dome could be buflt now, or Teft aud bullt st sume future time, In case i were not bullt now, he consldered it necessary to bulld the masonry up to the grade-liue, and All the plling “over with concrete. Ald. Vau Osdel said b thought they would uot bulld TIIR DOMN, It was & very costly affalr, and, helng in the centre of the bulldivg, and very hizh st that, I8 wuld‘ 110t be secn to udvantage except from the country. Mr. Em sald ho had explained that motter thme and agaln, und tried to impress the County Board with the fdea that, uuless a person werd at & reasonablo dlstanco froip the dome, it coul! not be secu, In reallty it was only for a land mark for people outside the city—ai architectu- zal monument to give elguiticance to the city's future grundour, he supposed, {Laughter.] Ald. CCM!H‘? stated that when the last cons ference was ield the clty's represcutatives werd unanimously {u favor of bullding the dome. e supposed tho county people would votus for It 0 they could sce the city. }L\mlfhler.) ommissloner Carroll thought the necessary nlteration of plans, if tho dome weie not bullt now, would cost the clty 880,000 or 340,000, Mr. Egau, durivg the course of his explana: tlons, cane Lo tho subject of plle~driving, au! snid that 1,700 plies Liad been driven in the carth under the dome proper, It these wern coverc with o beavy bed of concrcte there would be little rhauce for a settling in the founds tion. This was one reason for advocatlugy in cate the dome was decided upon,

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