Chicago Daily Tribune Newspaper, August 7, 1876, Page 4

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The paper wiil Ve promptly mallod in alngle weapper, poatage pald, Now Chicago Thentre, = Ciatk street, between Lake snd Itandolph. Tooe ley's Minstrels. Adelph] Theatre. Monroo street, corner Dearborn, Varloty perform- asce. Heoley's Thontre, between Clark an: A ¢, Ene e Dion, ™¥io Vietims* aad *+Thb ffllll Dockor.™ Waad’s 3 #)Monroe strect, beteen Dearborn Cozslean Brotherw.* and State, **Tho MONDAY, AUGUST 7, 1876, At the Now York Gold Exclange on Sntur- dny greenbacks ruled steady throughout tho dny at 89}, Accounts of grasshopper ravages in Iowa ‘have been grossly exaggerated. Vast swarms have moved throngh the air, stopping at in- tervals to lanch off the growing crops, bub vothing like wholesalo devastation hios taken Place. 'Tho wheat erop is snid to bo fully an average oue, and the prospect for corn was never bettor. —ee Morserr, him whose jaws ground forth gront.onths as terribly as the infernal doors of Mivrox's imogination ‘‘grated barsh thunders,” is working with ronlly awful fortitudo to be reinstated ss Supervising- Architeet of tho Tronsury. Ho hos gotten up s very solid petition with thirty-threo Sonatorin) signaturcs nfirmitig that he has wrongs—that hie Lns done some sorvico to tho State and thoy know it. President Granr and Boss Suernenp already ndmit it, but Secretary Monniur—aye, thers's tho mb.l e ———————— g Wo publish this morning the official report of Maj. Rrxo, giving o graplic account of 1ho share borne by his command in the fear- ful disaster of tho Little Big Horn. CuaTen's mistake in dividing his rogiment into two sttacking partivs is percoived by Mnj, Rexo, as it has beon for some timo by overybody else. Custen wns drawn into o trap from which, accordiug to Rexo's estimata of tho strength of the Bioux, it is doubtful whother tho entiro Soventh Cavalry could have escap- ol without terriblo loss if not entiro bunihi- lation. The campaign in Nlinois has beon inangu- eatod with vigor on tho Republican side. Goy. Curroy, Jony I Rovaxen, Gronoe IL Tanzow, and othors sddressed a big mass- meoting at Olucy Saturday afternoon and ovening, and woro successful in awakening a lively interest in the issues of tho canvass, At Rockford, Saturdny, the Republicans of Winnobago County met in Convention to chooso delegates to the District Convention, and with onthusiastio unanimity indorsed Alr, Winttast Larunor for the Congressional mnominativn, The fountnin-head of the Demacratic cor- raption fund has yiclded up n contribution to bo applicd in working up a Trzoen senti- ment in tho Stato of Maine, The Now York Democracy aro undor contract to furnish all the money necessary to make tho campaign Intercsting, but it is a little queor that they should have sot apart anything for 3laine, This is not putting tho bar'l where it will do the most good. All the millions that 'Twrep got away with, ndded to the steslings of tho Lrooklyn Ring and the procesds of the canal frauds, would not buy votes enough to mnke Mlaino 6 Democratic State next November. Tho announcemont is made by the New York T%mes, with full knowledge snd nu- thority, that tho Hon. DeWirr O, Lirrre- oy, of New York, adelegate 40 the Na. tionnl Damocratioc Convention, has deter- mined to openly support Haves and Wieer. En, Defora and during the Conventlon Mr, Lirriwony emphatically protested ngninst tho nomination of TiLoey, whom ke donounced a3 unworthy to bo Prosident, and the honesty and sine werity of his convictions nro demonstrated by his publio adhesion to the Republican ticket. Tho Z'imes announces nnother importaut con- version to tho support of Haves aud WuoeeLen—that of Mr; Danmer Mistanp, o prominent Democrat of South Norwnalk, Conu., who was recently chosen First Vieo- Presicent of o Tuoey and Iexnonioxs Club lu that city. Tho North American Indian ycleped Cheyenne, from whose heart all guilo is ab- nont, sends word to the Gront Father at Washington praying that tho ablo-bodiod members of the tribo now at the Agenoy may be permitted to visit Srrryne Bury, and to exhort, in tho intcrests of peace, with that whooping and howling wild nborigine, The Cheyennes were recently headed off in their atterapt to join the great savage in his bloody orgies and fearful massacres, snd they arc now awenry, aweary, Tho ask a suspension of public opinion and of military operations for eight weeks, during which time they may wrestlo with 8, B, in bohalt of o permanent srmistice, and, failing to successfully work upon tho feelings of that obdurate friend and Dbrother, they wmny in turn Lo worked upon by bim, and ot the ex- piration of two months be in entire readincss for a resumption of hostilities. All of which msy be set down as a fine sample of Cheyenne cheek, B —— The Chicago produce markets were loss active Bnturday, Provisions were stronger and the leading ceronls easler. Moss pork closed 200 per brl higher, at $18.724@18.75 for August and §18,85@18.87} for Baptember, Lard closed 160 per 100 ibs higher, at $11,25 cash end R11,824@11.85 for Beptember, Meats were firer, at 7{o for boxed shoul- ders, 9jo for do short ribs, and 10jo for do short clears, Lako freights wore steady, st 1jo for corn to Buffalo, Ralil freights were unchanged. Highwines wore quiet, at $1,10} per gallon, Flour was less uctive. Wheat closed §@Jo lower, nt 89} for August and 920 for Beptember. Corn closed }@3o lower, st 450 cash and 45io for Boptember. Oats closed o lower, at 80}a for cash or seller Beplomber. Rye wns stondy, at 56e. Batloy was quiot, at 72c for Septembor. Hogs wero in good demand and advancod @100, closing firm at $0.33@6.70 for common to choico, The eattlo markot was quiot and wenk, ot $2.00@5.00 for common to choice. Blhcop wore nominal, at $2.60@4.75, One hundred dollars in gold would buy $112,00 in greon. bncks st tha close. A correspondent, writing from Mendots, 1L, brings up & most significant and inter« esting reminiscence of the dark days of 1801, whon from the Sonth the thrents of acces. slon came thick aud fast, and when tho sym- pathy and encouragemont of the Northern Copperhends added fuel to the flames of dis- union. In n Democratio State Convention held at Albany, N. Y., Jan. 81, 1861, BAMUEL J, TiLozN occupied the platform as one of tho Vice-Presidents of the Convention, giv- ing his approval and sanction to its proceed- ings and to the speeches thero made in do- nunciation of the policy of attompting to preserve the Union by a forcible resistance to secession, o st and listened approvingly while Honatio S8exsoun characterized sucha contest on the part of the North as *“inglo rious warfars,” predicted the defeat of the Union arms, and spoko of cocrcion by the North as no less ravolutionary than secession Dby the South, Upon the platform sat Vice. President Samusn J. Tiwpey, and gave his cordinl nssent to the fncendiary speoch of Jawis 8, Tmaves, fall of ancourngement to the Southern Demoorals to persovero in the sccession movoment, and promising them tho assistance of their Northern allies in the shape of a revolution of forco to bo innugurated at %ome, in case tho nowly-elected Repnblican Administration should carry out its declared policy of pre- venting a disruption of the Union by forcible moans if necossary. This was the greoting the Now York Democrats sont to their breth- ren in the Sonth at n time when it was in their power to restrain tho secession move. mont, and in this grooting SasveL J. TiLpeN fully concurred. No doubt the editor of the Chicago T'imes had this in mind when he gave warning that TiLoex's War-rocord would gink the party. STRANGE E‘EBORB ON THE SILVEL QUES- TION, The New York Z'ribune publishes tho viows of Mr, Haton, who, with others, in- gists that the legislation of Congress on the subject of tho public debt, though it used tho word * coin,” implied gold coin. Asaun authority for this hequotesthe Funding not of July, 1870, in which it is stated that the new bonds ave to bo *redeomablo in coin of the presont atandard value of the United States.” 'This, Mr, Hatcn snys, and tho I'ribune seem- ingly indorses it, mosns that tho bonds nre paoyablo in coin having the same purchasing power thatithad in July, 1870; that in other words the United States contracted to guaran- teo the silver and gold against, a declina in value. The “standard valuo”of thacoinreferred to in the Funding nct was tho existing weight and finencss of tho then legal-tender coin, The renson for the incorporation of those words was, that tho schome of an interna- tional coinage hnd been considered and recommonded by a Congress held in Europe, If wo vemembor rightly, o gold coin of the standard value of & francs in gold was to bo tho unit ; this corresponded eo very nearly to one-fifth of the British sovercign as to in- volvo no chenge in that coin, but it did mnke n serions differenco in the case of our gold dollar, which would have to bo reduced in wolght to correspond with tho international coin, 'Tho American representative at this Coinago Congress gave nssurances on his own responsibility that tho United States, in caso tho international standard was adopt- ed, would not take ndvantago of tho change, ‘but would pay its bonds in ¢ dollars” of the standard woight and finencss as it atood when the bonds were fssued. This led to tho introduction of thoso words in tho Fund. ing not ‘of 1870. The New York Juurnal of Commerce, com- monting on the letter of Tuumrow Werp, goes far boyond Dr. Hatcw, and makes some very singular statoments, It says: 1t hins been understood from the outaet that the vonded debt of the United States ls payabls in gold coin, Mr, WrEp must be vndly fgnurant of tho subject upon which ho writes at iuch length notto know nmculmr there aruso any question on the subject, this pledge was carefully invorted in the bonds that were lusued. And again ; Even the promise In the bonds to pay them in tho gold eulua;’flm Unlted States was ‘not deemed sufficlent, It a true that this must ho redeemed In gold, but, under the Inter raling of the Caurt, any quantity of gold made a legal-tender for o dollur by act of Coneresi wauld bo sntiicient. Tho cfl‘ll- tiliats of Earope might lond to the United States five hundred mifilons ot the rato of 26 #-10 urains of standard gold to the dollar, and before the day of payment came Con: might enact that 20 gralnd should be s Ty der fora dollar, Thls Tew coln, by the principlea of tho ruling decislon, would be'a legal-tender for any ontstanding debt yablo i gold whero there was no further stipula- jon, To mest this new dificnity the old plates wero Jaid asido and new promiscs were en;inwul, llltm!ntlnk not only to w{vlllu debt In gold eoln, but 1x goLb cois op TiE UNiTEp STATES oF TUK PRESENT WEIGHT AND PINENESS| 'Ihe Journal of Commerce is oue of the most profitablo nowspaper propertics in the United States, and its propriotor ought to have o handsomo amount of Govornment ‘bonds in his safe, but if 8o, ho cannot have rend them, 'Po eave him from worse ro- proach, wo sholl have to charge that he s ‘“sadly ignorant.” None of tho acts author- izing tho issue of bonds, and none of the bonds themselves, contain the words he nlleges they bear, Tho toxt of the now s is 0s follows : This bond is fssued n accardanca with the pro- viulons of an act of Congress entitled an ‘*Act to anthorlze the refunding of tho national debt,* ap- sm\'l:d Jlllx 14, 1870, nmenied by an act approved an. 20, 1871, and {w redecinable at the pleusure of the United Staten after the 1t day uf Mey, A, D. 1881, in coln of the atandard valio of the Unitod States, on sald July 14, 1870, with intorest In wuch coin from the day of tho dute hereof, at the rate of 5 per cont per annum, [mynhlu quarterly on tho firs’, year, Tho principal and Interest ure uxemrl from” tho payment of all laxes or duties of the United States, ns well as from taxation in any forin by or under Htato, municipal, or lucal authiority. These are the latest bonds isaued by the United Btates, Nothing is said in them about gold coln, What can havo becomo of the new plates that were ongraved, according to tho Journal of Comwmerce, to add to tho pledge to pay gold dollars theriveting promiso thnt the gold dollars should not be changedin valuo? What canlinvebecomeof the old plates promising to pay gold? Tho editor of the Journal gives such o circumatantial account thint it is impossible to bellove that he has not socn thom, 'Ihere were old plates con- taining tho pledge to pmy the bonds in gold dollars, and there wero new plates pledging that the gold dollaru should not bo altered! It the editor of the Journal of Commerce would only furblsh up his memory ho might probably recall a third set of plates to print honds on pledging the Goverument to inorease the valuo of the gold dollar if, whon the bonds fell duo, gold had becomo deprociated through the product of the Black Hills. ‘Tho imagination that could conjure up two sets of fictitious platea ought not to balk ot a third set. As o matior of fact, no statuto of tho United States declarca the bonds payable in THE CHICAGO TRIBUNE: MONDAY. AUGUST %, 1876. gold. If plates had been made reading that the bonds wore payablo in gold coin, or in gold coin of tha *present weight and fine- ness,” they would bo altogother invalid. Tho language of tho Refunding act, approved July 14, 1870, fa: The Secretary of tho Treasury I8 hereby an- thorlzed to {asie, in o sum or sunin not cxceeding 200,000,000, coupon_ ar regisiered bonds of the inited Stntos, In such form o ho may preecribe ond of denominations of $50, or saume multiple of that sum, redeemnblodn coin of the present standard value at morlenuum af the United State aftor ten ears from the date of thelr lssue, and bearing in- orest payablo seml-annnally In suck coln atthe rate of 5 per cent por annum. . A comparison of the langnago of this act, and the bonds issued under it, with the state- ments of the Journal of Commerce, show that the lattor nro all wide of the mark. Tho Now York Nation mado tho samo error in its isana of last weok, nnd stated that the bonds and the interest on them were payablo in gold coln, 'To turn ita own pat phraso, tho Nation has been guilty of n very bad crso of * journalism.” By * journalism " tha Vation means putting things in tho most convenient ahape for your own side of the enso, rogardless of the truth. The Nalwn and tho Journal of Commerce put the argu- mont for the payment in gold of the public debt and interest in n way that is absolutely unanaworablo until it is discovered that thoir * facta " aro tho stuff that dreame are made of, HENDRIOKS' DISGRACE. The Domocratic Houso of Represontatives on Saturdny prssed the bill repealing so much of the Resumption Inw as fixes the 1st of January, 1879, for redeeming tho greon- backs, It will be remombered that over gince tho 8t. Louir Convention there has been a flerco demnand for the repoal of the 1aw, but the moral sonse of even the Confed- orates revolted ngninst ropoaling this pledgo of the national faith, sontimental as in fact itin, Novertheless, the result was nccom- plished,—was forced by such lottors as this: InniaNaroLts, Ind., July 24, 1876.—My Dear &e: Arcpesl of the Tesnmption clauso in nlmost any form will elect the_ Btate ticket and carry tho Indianapolls disteict. If to obtaln o report from the Committee it Do necctsary to give the assur- ance ihat it shall pass withont nmendment, that assirance should be given, unlees the condition or nalification of the repeal bo really objectfonable. 'ho form of repeal Is not now very important, for the people underatand the dificulty of obtalning an uncondltional surrender. It 18 not objectionable to retain n ru cent of gold in the Trensury, Can- not ?'ou ond others who are in favor of repeal unite in glving the Commitice tho assuranco of passing o il as reported, §f that be necessary Lo carry & ro- ort? The rc!enl is the important proposition; he form Is notso important. Truly, T, A, Urexnnicks, There is sta\esmanship, Mr. Hexprioxs knows that no such bill can pass tho two Houscs, and all he wanted was the prssage of tho bill by the Housae, Why did he want the resumption- dats roponled? Was it for ony high purpose of state? Was it to ro- build the broken credit of the Unien? Was it to rolieve the country of the repronch of over-due and protested papor? Wus it for any purpose promoting the welfare o honor of the Republic? Mr. Hexpricks urges tho repeal on no such ground. He begs for the rapenl bocause it ‘il elect the Stataticket and) carry the Indianapolis district.” That is tho statesmanship of Henonicxs, “To eloct o Stato ticket and carry the Indian- apolis district” is sufficient, according to Hexprices, to justify tho repeal of al tho pledges of national faith and honor io bo found on tho statute-book. ‘What is the end sought for which mici an extraordinary and unprocodented act of legis- 1Intion is demanded ? To carry the Indim- apolis district. Now the stake in that dis trict is the re-clection of the man LaxpEre Ts Laxpess' re-olection moro - essential than deeping good faith with mankind? Wio is Lavpzens, and what has Luxpensdono thathe i of snch consequence ? Mr, Lanpens is the American statesman who has ovolved the iden, and had somebody for him put it in the shapo of a Congressional bill. This bill pro- poses to abolish all gold and silver or other metallic money, and tohave issued from tho National Trensury printed monoy,—not notes, or promises to pay, but moxey printed on paper. Instend of printing Trens- ury notes psysble on demaud, or in the future in dollars, he insista that the Trensnry shall issue pioces of paper bearing on them the legond * This is a dollar.” That isall, That paper is hencoforth and foraver to bo a dollar, not & promise, not to bo xe- doemed, but an absolute dollar, poyment in itself, forover n legal-tender. This dollar, thus manufactured, he proposes shall bo issued in such numbers as will enable tho Government to discharge all its debts of every kind, and furnish the peoplo for all time with an abundance of cheap money. ‘This ia the manj whoso re-olection to Con- gress from the Indianapolis distriot Mr. Hexpnicss claims must be secured, even if tho House havo to repeal all the public-credit acts, ‘Wa now have tho rovelation that Lanpens, who in financial matters is a greater lunatic than Gronoe Fraxers TnaN or Bax Oany, inan indisponsablo tail to. tho Tinoex kite, and that Lanpens' election must bo secured n8 o preraquisita to the clection of Hew. orices and TruorN, Is this what the great commercial and financial communities of tho country are expected to labor for? Must they save Laxpena that they may savo Hew- oporcrs and Troex? Is the high-minded, patriotic, and exalted statesmanship display- od in this lettor of Henpricrs' such as meets the standard of the Amorican peoplo? Does not this letter botray the dishonest groveling spirit of the local politician who by accident in thrust before tho poople s o candidate for tho second offico in the Union? THE PUBLIC-SCHOOLS ISSUE Though Mr. BramNe has now retived from the House of Represontatives, and will honco forth nppear in the Senato whon in Washing- ton, bo Liaa left his impress on the logislation of the prosent sosslon in moro ways than one, and in none moro beneflcially than in the constitutionn! amendment which the House has resolved to submit to the Btates for rati. fication by the romarkable vote of 100 yeas to 5 noys. Tho amendment, prepared by Mr, Braivg and introduced enrly in the ses- sion, reads as follows: Nesolved, by the Benate and Houteof Teprosent- atives uf tlie United States of Auerica In Congress assembled, two-thinds of each House concurring thereln, That the following be proposcd to the soveral Btates of the UnitedStatesaa an ameadment tothe Constltutlon, namely: A e A therdut; and na monoy ralrgd by tavation in any siatg for thowuipurt of in) pubila u:fico s any publls fund tkozetor, _nor any | ulo ) thereto,shall evor v usder cantrol vt any or dunoininationt wor sl tny fuuids oo ThiaareL el shas ¢ o o 1S e Teatbiative power th Casras. Tho Henato .should not fail to conour in thia resolution before adjournment, so that the difforent Btates mey have an opportunity of acting on {t at the carlicst possible moment, Wo cannot doubt that it will re- ceivo & prompt ratification aé tho hands of all the States. Wo can scarcely conceive of nny political party bold enough, no matter what scctarian influences oy be brought to Lear upon it, to oppose the amondiment. ‘The principles it embodies are so just, and the danger it is intendod to avert so appalling, that tho issue ought to be sat at rest once for all by constitutional deffnition, I'he historinn BucxLx goucralized from his . study of European civilization that the gov- arnmont of n priesthood rednces a people to a, condition of mental imbeoility. 'Thia ia the ultimato effeet which the proposed amondment is designed to avoid for all time. The nmendmont comprisea two parta. The first part prohibits the eatablishmont of any religion in auy Stato of the Union, and tho paasage of any law interfering with the free exorciso of individual relig- jous lolief or proferences. This is slrendy tho organio law of ¢ nearly all, it not actuallyall, of the Btates of the Union, But this is not enough, If any powerful ro- liglous soct songht to posscss itsclf of po- litical dominion, or songht to exorciso an un. duo sectarinn control of the temporal affairs of the poople, its first movemont would be to recure the public schools of the country, which constitute the most ijmportant factor of our clvilization, Hence the necessity for absolutely prohibiting everywhero the diver- sion of any public funds, raised by taxation for educational purposes, to the intercat of sectarian instruction, That the danger of an attempt of this kind is by no means ro- moto is sufliciontly apparent from the fact thnt one large, ricl}, andinfluential sect—the Tomnn Catholic Church—has alrondy made efforts in cortain Btatos, notably Now York and Ohio, to mecuro a proportion of the school fund for tho maintenanco of its dog- matio schools. That the ulterior purpose of such n movement is to proselyte, and to cx- tond tho power of the Oburch in political and tempornl nffairs, is to bo belioved, for thie obvions veason that the Roman Cath- olic children have now the same rights in public schools as tho children of parents who Delong to Protestant denominations. It is high time, therefore, that the daugerof an Ultramontane party attaining ascendenoy in any State, and the probability that it would uso such nscondency to nbsorb the school fund or s part thoreof, should be definitely et at rest by constitutional prohibition. Just now the chief danger of nn nttompt on tho public-school funds is threatencd by the Ultramontane faction of tho Roman Church, but it does not stop here. If the Ultramon- tanes ghould prevail in one State, the Meth- odists—n large and powerful sect—might provail in apother; andif ono could employ its numerieal strength to institute a soctarion usa of the rchool monoys, there wonld be no renson to deter tho othor from a similar in- dulgence. Tho Jews—nnother numerous and rapidly-incroasing seot in this country— might employ their great wealth and influenco in their own bohalf, 8o tho Epis- copalians, the Unitariaus, the Presbytorians, the Congregationalists, the Spiritunlists, tho Universalists, the S8wedenborgians, the Lu- therans, and all tho other thousand and one secta could with equal justico demand their proportion of the sohool funds for the sup- port of their scotnrinn teachings. The re- sult would inevitably bo the disruption of tho American freo public-school systom, which is on tho wholo the most beneficent and valuable of all our popular institutions, Thero is just ous way, and only one way, to avert this dangoer for all time, and that is by the adoption of a coustitutional amend- ment such s is proposed. It should receive support not only from all the libernl-minded citizons of all partics, but from the various religious sects themaelves in self-protection, With suth o constitutional provision, all sacts will be on an equal footing, and the right of tho woakest ns woll ns the strongest will ba fully protocted under tho law. It will not bo lawful in strong Protestant communities to deprivo the Oath- olia childron of the bonefits of the froe pub- Yie schools, and in communities whare the Roman Catholics aro in the majority, or con- il the political party which is in nscond. eney, thoy will be debarred from any action making tho schools subsidiary to their sec- tarion umbition, The endurance and pros- perity of this Government depend upou the absoluteand pormanont separation of the Church axd the State,—religion and politics, ~—and 10 vchomo to accomplish this will bo complota or effective that doos not hold the publio schoola froa from sectarian control of overy kind. DEMOCRATIC FINANCES, Mr. Truoen aod his party now scem to be less in acoord than over, sinco his lotter of acceptance and declaration of finsnoial views Lins boen published and the vote announced in the Houso on tho repeal of the date clause of tho Resumption act, It is very evident from tho fact that Democrats like Messrs, Hewrrr and Winnis, who are regarded as Tizoex’s representatives nnd spokesmen in the House, opposed tho passage of the re. poal bill, that Mr. TreoeN himeolf did not desiro the remmption clause ropenled, and that his hazy plan of * preparation” contem. plates a possidility of resnmption some time within the spanof tho presont generation, Dut the ~vote on the passage of the Dill sbows vory well that MMr. Tioex's Congressional friends exorted a very swmall influence over the provailing sontimont of tho Democrats in favor of no resumption.) Of the 108 votes whichtho bill rocoivn!, only 10 were Ropublioaus, viz.: DBnoyn, of Knnsas; CayvoN and Tonr, of Illhols; CasoN, Evany, and Ron- oy, of Tulimun; Iunsewy, of Michigan; aud Lawnexce, Prieres, and Vax Vonues, of Obio, All tho others voting for tho bill wero Damarats, leaving an almoat solid Re- publican ddogation to opposo it. Tho sig- nifleance d this is that the Repullican dele- gotion of (ugross la in Larmony with the Republicay candidates for President and Vico-Prosifent, who aro in turn in harmony with thomjelves and with the platform on which thiy stand. DBut the Democratio Coungrossgon ara genorally at loggerhends with the Democratlo candidate for Prosi. dent, whos also nt loggerhieads with tho Dem. ooratic emdidnte for Vice-Prosident, while both soer} to bo at loggerheads with the Domocratp platform. The passage of this repealing jot is moaningless, so far na logls- lation is pncerned, sinco therw is no expec- tation the the Senato will coneur in it. It is, thereforoy morely o campaign movement ; but it maf well bs doubtod whethcr an nction is politio or campaign purposes which shows the Demgratio party to be all * tore up " on tho leaditg question of tho day, aud har. imply and solely for tho purpose of gelzig tho offices and spoils. Laying this asidg tho Democrats have put them. ubstitute nnything in its place, or any relief from the finaucial un. The t{w'}‘nrk Public, commmonting upon somo obsrvations of this paper on the im. pnwlicn)illty of executing the Resumption Iaw, usej this languago: » Tug Clinun Tiisrxg has no right, morcover, ] the dofenders of public Lionor in other Sitatcs, by urroucous statomunts respecting tho Ho- sumptloguct, 1t states, for example, that the Becretary of the Treasury lu suthorized by that act 1o wcll oidy 435 und 4 percent_bonds for the pur- oo of accompliaing it abect Butthouct itselr cxpxeuT provides that the Beorctary nay sell ‘tolther of the deacription of bondsof the Unlted Staten described in thie act of Congross npproved duly 14, 1870, entitled an uct to authorize the re- funding of the national deht, with liko qualities, privilegen, and axomptlons, fo the extent necearary o carry thinnct (nto effect.” Tuw Tainuxe wl admit fhat (his Ianguago fairly heara hut one con. steuctlon, namely, that the Secrelary may rell Tiomils of either class, 5, 417, or 4 por cent, to any extent neceneary. At tho timo thix act was passed, the greater part of the firur conts had been wold, and thero wae no renson to bollore that the 4% per cents conltd be wold at par. Tug Trinune finds nothing new in this eriticism. Under the Fanding laws tho wholo amount of & per cont bonda was peremplorily? Hmited to §600,000,000, At the time of tho Resumption law some of theso wero still on hand, and might possibly have been used in part excoution of the Resumption law; but they have beon otherwise nsed, and are no longer available. The Funding law divides {ho remnining bonds which may bo issued botween those bearing 4 and those bearing 4} per cont. Tho nggregate amount, and tho proportions bearing the specified rate of in- torest, aro defined by law. Thoere arono b per cont bonds anthorized to be issued ; and to nssumo that the Secretary may issue 5 por cont bonds when the Iaw requires the bonds to benr only 4 or 4§ per cent interest, will be stretching anthority to an extreme which Becrotary Brisrow did not attempt. More- over, tho Secrotary informod Congress thdt if it would oxtond the term of tho 4 and 4} per cont bonds, thoy could bo negotiated, in which easo it would boe folly, if not a arime, to issue & per cents, THE PROPOSED CANADIAN TARIFF. The Oanadians are cauvnssing the policy of lovying duties on American agricultural products 08 n means of ** protecting " their own, Tho proposition has been suggoested in part, probably, by resentment nt tho dutics levied by the United Stntes on Couadian products. It will bo short-sighted and fool- ish, howaver, for the Canadians to punish themselves in order to get even with us; and, §n fact, we aro punished onough fn hav- ing to bear the burden which our tariff puis upon us. A Committeo of tha Dominion Tarliament is now ongaged in taking the ovi- dence of farmers in differont sections of Oan- ada as to the sentiment of the people and probable effeots of lovying duties on Ameri- can products, In a resums of this ovidence given in a recont number of tho Toronto Globe, tho preponderance of sontiment was opposed to the proposed tariff, and especinlly as rogards coin, One gentleman, a My, 8rinron, said that, in his exporience, it has often boon profitable for tho stock-farmor to import foed in tho shape of Indinn corn, and this practico is yearly increasing; nor does Mr. Stmzon beliove that the importation of corn has materially affected tho price of conrso grains, Ho liolds that no protective duties would benefit the Canndion farmer, Another, a Alr. Gar. pparre, does not find Amerlean products competo with those ho raises, excopt it be pork, which’ is largely used by the lumber- mon, and pays a duty of $2 per barrel al. ready; but, on tho other hand, he does not think it poasible to raise pork, as tho food required can be mora profitably given to other stock. On cortain occnsions, when tho local crops have run short, he had known farmers import corn, and bo very glad to got it. Ho holds that imported corn does not interforo with Canadian coarso grains, but that the effect of its importation wonld bo the more extonsive ralsing of stock ond fattbning for the market. And a third, from an ontiroly differont district, tostifics ‘that o large amount of corn is brought from the United Statos, and that it pays batter to buy the corn than to consuma tho oats at the present pricos, The United States are largo consumers of Canadian bar- loy and oats, which aro thus exchanged by Cnnada for the corn and other United Btates products which the Canadians need. To im. pose o tariff duty on these articles will ba to shut off the oxchanga to o large extent. It would bo much botter for both countrics, of course, {f reciprocity could be adopted. Onnada would also loso something in the way of handling American produce if duties ‘wore imposed thorcon. Thoy should not go Lackward in this mntter, but rather encour- ago tho United Biates to progress, —_— MR. TILDEN'S LETTER OF ACCEPTANCE. Tho long-delayed lotter of TiLbeN nocept- ing tho nomination tendered him in Juno Inst, pgblished in Tz Tomuxe Saturday, is long,—it is verbose. At timos it professes candor and nssumes to bo explicit, but dex. torously avoids all definitoness, beyond a goneral declaration of favoring a resumption of specie payments. Nino hundred and ninsty-nino men out of a thousand, if nsked, after reading the latter, * What does ho say 2" will answor, ¢ He favors a resumplion of specio poyments.” But when, how, or by what plan or means, not one of thom can understand, bocause he fails to oxplain. Exnmined closely and critically, tho lotter gives no strongor or clearer interprotation of Mr. Truoex's viows and purposes thian does the 8t Lonis platform, and this purposely vague, obseure, and meaningloss. TRopoeating the general declamation of the 8t. Louls Convention concorning what he slyles tho gigantio taxatlion since 1805 ; the oppressive weight of taxation on incomo ; the reduction of expenditures, and the labor disturbances at the South,—hoe ronches the groat question of the currenoy and apcole payments. Hodoclares that * The object do- manded by the [Democratic] Convention is o resumption of mpecio payments on the Jogal- tonder notes of the United States.” Henvers that *“Tho methods by which this objoot is to be pursued and the means by which it is to bo attained aro disclosed by what the Conven- tion demanded for the future.” But we fail to find in tho lotter or tho resolutions any such disclosuro of method or means, Ho claims that, when the United Btatos Governmout shall bogin to redeom its notes In gold, then -tho banks will be able to redeem theirs in gold. He states tho aversge ex- port of speclo to be $70,000,000.a yoar, nearly all the product of our mines, and he thinks that a sofilcient quantity of this can Lo intercopted from the current flowing out of the country, and by scquiring from othdy countries, for epocie payments, and that this is o result to be ensily worked out by practical knowledge. But ho fails to ex- plaiu bow or by what mosns the work is to be dona, e says at ono point that tho greenbacks moy be funded ; but he significantly remarks that it the option of fuuding be given to the public the greenbacks would bo immediatoly absorbed in the bonded securities; but, dis- covering that funding would lead to coutrac. tion, ho pronounces it dangerous, and ho refused tondmit that there can bo any safe liit to the nmount of currenoy, It is frue that ho declares that * Publio econowics, official rotronchments, and wise finauce " ars the means indicated ns provision for resonrces and rodemption; but he fails to tell tho country what is ** wisa finance.” Mo declares that whoen the Government ro- sunes, the banks, boing able to got gold from the Treasury, will resume; but this rolls the whale burden upon tho Govermment to pro- vida nll the gold meeded by tho importors, the banks, and thocountry, to resumo. Under this systom it will ho inewmbent upon tho Government to provide an annual supply of gold to pay duties, $110,000,000; for ex- port, B70,000,000; for domestic nse, $30,- 000,000; or a total of $2(0,000,000 in gold annually, Mr, TiLoex omits auy explanation 03 to how, when, or whero the Government 18 to get this gold, TIlaving paid out gold for tho groonbacks, Mr. Tivexs writes vaguely ns if thoy wero to he reissned; but again fails to oxplain for what purpose they aro to be reissued, and how they are to bo again redeomod. Mr, TiroeN discusses the value of resump- tion of spocie payments, using therefor much of ‘the nrgfimunt ronsoning which wo bave used in: 'Tae Tninusg for several yenrs. On this point he wriics as a Republican nd- vocating the policy of the Republican party, using tho precise arguments of that party, But when tho ronder has followed him, ox- pecting a statemont of how and whon we are to have specio payments, Mr. TmoeN escapes by saying ¢*The specifiomensure and actual dato are matters of detnils having rof- crence to evor-changing conditions, They bolong to the domain of practical and ad- ministrativo statosmanship"! o adds: The Captaln of n steamer about starting from New York to Liverpool does not assemblo o cotin- il over his ocean chart and fix an angle by which to Inah the rudder for the whole voyage. A hunian intelligence must bo at thoe helm to dincern shifting forcos of waters and winde. A himan mind must Lo at the hielm to fecl the clementa day by doy and gulde to a mastery ovar them, Such preparations aro everything, Wittiont them a legisintive com- mand fxing a day, an oficial promiso fixing n day, are shams, * They nro worse, They are a snare and @ delusfon to all Who trust them. The man asking to be appointed Cnptain of n steamer sailing between Now York and Livorpool who would not promise to have his ship ready to start on the ndvertised day would bo rejocted ss unfit to be trusted, A sboamship line unable to fix with certainty the time of doparture would have neithor freight nor passengers, A steamer promising to start only when the ‘* human mind " at the belm got ready would hardly be considored n safe menns of trans- portation for the human life and tho proporty intrusted to it. 'Tho steamer lenving port with the rudder unlashed, and at the morcy of wind and wave, would not be able to find insurance in any company, no matter how dosperate. After distorting all manner of propositions to evadoe the question of how and when to rosume specio payments, he declnres that it i3 to bo accomplished by n “‘ systom of prep- aration,” and that if elected ho will do what o can to bring about suck *system of prop- aration.” What this system is to be, ox- copt it is 10 be comprised of *wise finance,” 3r. Trroey declines to explain.” Hewill not go tosoa bound by any date for sailing, routo to take, mte of speed, timo of arrival ont, or nmount of coal on board; ho wants to go and tako his own course, without refor- ence to charts, campnas, time.table, or any- thing else, oxcopt his own *‘ human intolli- gonce * at the helm. E Summed up, Mr, Trroexn's whole lottor on finances may be expressod in the opening sontence of that part rolating to specie pny- ments, wherein ho doclares that he agrees with the 8t. Lonis Convention, and that *4 Tho object demanded by the Convention is n resumption of specie payments on the legal-tender notes of the Unitod Btates.” Tho rest is n jumllo of reasoning out of which ho ronches no conclusion and ho insists that bhe cannot reach one, but mnst go into tho futuro as into the dark, All that he writes in his long lotter has beon written over and over again thousands of times dur- ing tho Inat ton years. Thore is not a new or an original thought in it. Ho ropeats the Confederate arraignment of the Republican party for not having ro- swmned specio payments during the. last ton years. Ilo, howaver, suppresses the fact that, in 1806, tho Republican party began the work of resumption, and hod actually re- tired $44,000,000 of tho Govornment notes wheon the Domocratio party conceived the iden of making irrodeomable greonbacks tho permanent monoy of tha country, and using them as a substitute to *“ pay off” the wholoe national debt! Mr. Troex does not recall tho fact that the Democratic Convontion which met in New York in 1808, and nomi- natod Bevyoun for President, declared this as the polioy of the Democratio party. Alr. Trpen then porsonally supported SBexaroun on that platform. This was such a hin- dranco to specio resumption that it greatly dnmaged the public credit. Bince then the Domocratio party, at Btate, county, and local conyentions and elections, and in Congress and out of it, has made war against spocle resumption in -the most detormined manner. It has boen o chain around the necks of the publia credit, and a atandingmennco to the resump- tion of honest money. Even in tho prosent Demoeratio Congress, a mojority of the Dem- ocratic membors opposa spocio paywents as an ovil, nnd favor tho iasno of limitless irve- deemnble paper. Mr. TrLpEN's associate on the ticket was his most formidable rival be- cause of his support of shinplasters as a sub. stitute for coin curroncy. Even In the Con- vention which nominated Mr, Trupey, the unlimited sorip men wore a formidable party. In the State of Ohio, ‘the Democratic party declares specie payments to be a “d—d barren ideality,” and in Indiana, upon whose vote Mr., TiLpex rolies for elaction, the party is gonerally in favor of more serip, and de- mands tha indofinito postponemont of specle rosumption, On this point the Demo- crytio party, except in the East, is over- whelmingly opposed to specie payments now or at any timo; and the party has, since 1800, unfalteringly defeated overy mensuro looking to resumption, or to prepare for re~ sumption, or to in any way clevate the pube lle credit and bring the country back to sound monoy, Whatever has been done to reatoro credit and reduce taxation has been done® by the Topublicans in epite of the Domocratio party, Thero aro but throo modes of resuming specio payments: 1, Fuuding the groen- backs, 2. Taxation to rise coin to pay off the greenbacks, 3. Belling coin bonds, and with the proceeds taking up tho greenbacks, Mr, TrLoex has not advocated any of theso; he las advocated nothing of any kind, ex- copt to adopt ** a preparatory system," which system can only be matured by placing ** hu- man intelligence” at the helm, whatover that means, A letter from u private in RENo's command, firat printed in a Detrolt paper, and now going the rounds of tho press, purports to como from an eye-witness of Custen’s death-struggle, and Kives the following gruphie description of his last charge and fiual massacre: At tast, when half bls command had been killed, he called on thosu that remained to follow hin, and dushed boldly throngh tho red devile, It was runnlug the guntlet of at least 2,000 rliles for tho whole distance, — fls wen did pot follow hiw, when ho ot through be fusnd himeelf alone, with o slngls Crow Iudlan, one of his scouts, 1le would not luave his men to perlsh alony, und turned o go back, but the Crow, recognizing that such o wovement would bu fata), grsbbod hfs horse and im- plored him not to go back.” Custen only laughed, and, puttiug the reins of his horss between bis tecth, wids & iovolver iu each ha hogavo a wild cheer, and dashed Ui el ar ke and - Ayinck st An Iy o mircle he reached g el nant of Il command, Which was now regyel§ forty men. Calling on theso” aurvivars. a9 follw lift, which tho examplo nnd sncctay o' (@ former ehineuo diepoved. Them (0o, o Teg'h 1t from thelr place ot perl) over the path of i tary charge, That wia (ho lnst woen of (e t04: the battlo svns_over, when the whols pariy. Sl Cuerzit In thelr midst, were fonnd rinh o 5 withina efreulne rampart formed by thetr ot bodles, They ad evidently at the lnag ooty made up thetr minds to eell thele 1iven deaiy mi3t thelr horeee, and then, ratalng thom na hres worke, fought_on wily'the v1eor of despafe oot et o AR i faos o Teret tad ey (1 within the fatal clrele, o) main tacked tn myfory, o Wil evor gy, Whilo this fs all very fine, and tiot at a1 of harmony with Custenr's reputation for dap ing, it must be remnembered that the only 4 gyy witucss” of tha fight, who clalins to haye tioay there and escaped, fs a Crow Indfan soou whoss story has alrendy heen published, gy doca not enter into such herole detail, It g only fair to assumo, thorefore, tiat the ahove w count has heen supplemented to some extenty, o vivid imagination, stimulated by adiniratgy for Custen’s personal bravery. ———— We take it for granted that the Hon, Ricragy . Winring, present member of Congress from the Niuth Iilinols Congreasionnl District, wiy Do renominated by his Republican constituent, Mlsmost formidable compoetitor, Mr. J, 8, 8y of Teorls, has withdrawn, and the welfarg of the District, as well na tho interestsof the patty, demand Mr. WiriNg’s return. o fa a man f unimpeachable character, and lins made 8 capy blo Congressman. Durlng tho many yvears by e been fu publie 1ife, thiere has been no breaty of suspicion ngainst him. o wns {Irst Asseue and then Collector fn his Reyenue District, g we believe thero was not even o ¢hargo of fray in the entre district under his supervision. Hy 18 a staunch Republican, an excellént busineg. man, and has attained ot Washington as mog respect and {nflucnce as any member of ty Tilinols delegation, Two years sgo—the yearqf dlsaster for the Republican party in this as wey as other States—Mr. WitiTing carried his gl trict by 8 handsome majority, aud, if run agg this year, It Is safo to predict that he will |’ crease that majority threo or four fold. Hewf have the active and encrgeticald of many stroog personal friends of position and influence, ng tho least among whom {8 tho Illinofs orater, Bon [NeERSOLL, who will support him witha] lils might and maln, —————— Thote who desire to study Sam Tiunyy raflvoad record of robberles, tricks, jobberiy and rasenlities, will find abundant material fy the following documenta: Papers in the case of Wadaworth va, Ogden, Tl den et al,, United States Clrcult Court for b Northorn District of Tilinofs. Manual for the Instructlon of Rings, withy History of tho Grand Chicago & Northwestens Ring; Edited by James Parton, New York: Amer fcnn Nows Company, 1806, Jeport Railway Commsslonors of Michigi, 74, Cerlificate_of Incorporation, and Land R ol SRS, o C| redit-Mobiller Inve Al New York Tridine, Nay 50,1t & Cormles New York Erpress, Juno, 1876, Cincinnatl Enquirer, June, 1870, Chicago Zimes, June, 1870, qejg York Zuries, Juno 11, 1675, and July2% Tilden Unmasked, by Denjamin E. Buck Xow York, Ju7, r 1Y Dend e . — TiLDEN quotes at constderable length from n speech ho made in 1883, to show what o dismy) picture bie drew of the floanclal state of affaln at that time. The Cincinnat! Gazelts says be docs not go back far enough: 1lo could repreduce still more plct ch drow In 1804, 1803, 1802, 1801, ‘},f,,“,:::,“k: prt? nounced the defense of the Union agalnat scceseln tho destruction of Constittion and liberty, sl how ho ealted Lincorx and his **hirelings ™ mur derers, and overy Confederato soldler whom thy mado to {urn up his toen o martyr. Indeed SanurL hos been saying very bad ‘things abot our Guyernmont for many years, ‘Thiv worst were #aid in the War, when lns Southern masters wen getting hurt. If ho goes back to reproduce hine salf, In tho despairing view he took of the country, ho should go back to his strongest and blacket A M R R A rlots th Now Yark City. e ————— In the case of the Terre Haute & Alton Rosd the following 18 the opinlon of TiLDEN'S land- grab, a8 given by Mr, GAnRrison, Preaidentol the road at the time TILDEN was called In: In 1850 I pleked up this rond—the T THaate, Alton &5t Louls Datirondeon walf,. T moa il not been pafd for five months, For protection againat cxecations ita fuel wos paid for s it ¥y delivered upon tho engines, I carelad it alone fot six months, and (ndorsed for it personally in il including renewnls, to the amount of more thia 700,000, I gavotall my time and a)l my ablli Sles, nd after four years dallvered 1t up worlk ,000,000. Five thousand dollars a year, withost any commissiona for indarsing, was ail I was paid- allT demanded ; but, if there llflfl’lnchmnr“ nsere vice na {s asscrted, and U Ar, TiLhEN or the Pure chaaing Commiltee were antitled to steal 3200, 000 0r $300,000 of Londs, then I clalm it wasmy honest right to have stolen the railroad itsolf. ———————— The Ottaws Fres-Trader, of which Jomx Hise the Independent-Fuslon candidate for Statt Treasurcr, was ono of the origiual publisters and which may therefore be regarded as spesk: fog by authority, snys of tho nomination of Messrs, STEWARD and I1s88: Alesers. STEwaRy and Hiaz are nominated and placed upon the St. Louls, not the Indiananolin platform,; are nominated as TiLnRN and not s Pr= TR Coovensnen, andar such weill be supported, 1t they aro not TILDEN men, and refuse to give theit uupfiofl to the 8t, Louls nominues, but propose to #o the PETen Cooren nonscnae, tfioy will bo fo- vited to step down nnd out, Wa invite tho attention of the supporters of Peren Coorznaud Sax Cany to this ex-cathe dra judgment. 3 —— A man named JeaN Loo, charged with theft in a Pyrencan village, got up a little miracleto scaro off the prosccution. Entorlug the church at night, he bullt an altar of pews, rails, and otlier materlal, and then, lichting the candles, rang the bell and ran. When the populas opencd the church, they found notes pinned up purporting to come from the Savior, 8t Peren, and o score of others, all testifylnj to the funocenco and ploty of thu accused. DButlh dldn’t work. Loo wns sentenced to five yoars' imprisonment at bard labor, five years' survelle lauce by the pollee, nud the loss of his ciil rights, ——— 3 At the Hinds County (Miss,) Republienn Conr vention which assembled recently, tho Tu.veN men appeared In an attltude of armed reslste ance to anything llke peace and order. They nsulted delegates, and,drawing their rovolvers, overawed the Convention, and then followed the delegates to thelr Lomes cursing and threatenlng them with untold horrors, Wil somo one be kind enough to mentlon the en sauguined nether habfliment in ¢onncetivn with this playful cplsodel — The clection of TiLDEX may result ln an ¥ tradition treaty between the United States and tho -country that now claims Mr, Twzmo's presence. Banay will have to bring BiLy back to carry out Nasny's Cabinct schome, andy when tho old duffer with the big dismond hat been afforded an opportunity to steal enough ta pay his fne, Baumy will polut with prido t0 tho fact that New York las recovered ber $6.000,000 through his * reforming ¥ influcnces ———— A London Zimes vorrespondent has inter viewed Prinve MiLAN, who soya that Servia hsd nothing to do with the Enstern question as un- derstood by the great European Powers, Hof did she deslro to plunge Europo in ‘s war, Tbo Princo snys Servia will fizht to the last to ot taln what she made war for, and, if beaten, the Turka will find no spofls, for the Servians will destroy qven the roofs that cover them rathet than permit the Turks to cnjoy them. ——— Gov, TiLDEN'S letter fa full of % economy-" The old mau talks long and loud about the ex* penses of the Government aud the magultuds of tho debt. Tho debt was caused by tho Demo cratic Rebolllon. Iad thero been no Rebellion thero would be a cheap Government and 1o 13 tional debt. TiLDEN fs entitled to credit fuf one thing: e opposed tha uxpeuditure of ono dollar to put down the Democratic Rebelllon. e ——— Tho Columbla has excited the wruth of the Jews of Obloby o brutal attack ou thew ovel thu shoulders of Cant BCHURZ, to the effect that he “was always fn principle a Jow, scted 1ike & Jaw, aud represcntod the Europeaa Jesd