Chicago Daily Tribune Newspaper, October 1, 1876, Page 4

THE CHICAGO TRIBUNE: SUN DA\ *CTOBER 1, 1876—SIXTEEN PAGES The Tribwe, TERMS OF SUBSCRIPTION. PAYABLE IN ADVANCE—POSTAGE PREPAID AT THIS OFFICE. hect ... Tri-Weekly, Parts of & yeur, per month.. WEEKLY EDITION, POS' Postage prepald. Epecimen coples sent free. g To prevent delsy and mistakes, be sure and give Post- Oftice address in full, including State and Coanty. Remittances may be made clther by draft, express,. Post-Office order, or in registered letters, at our risk. TERMS TO CITY SUBSCRIBERS. Dafly, deltvered, Sunday excepted, 25 cents per week. Daily, delivered, Sunday included, 30 cents per week Address THE TRIBUNE COMPANY, Corner Madison and Dearborn-sts.. Chicago, Il SOCIETY MEETINGS. CHICAGO COMMANDERTY, NO.18, K. T.—Stated Con- Bliave Monday evening, Oct. 2, a1 7:30, for business and Work on the K. T. Order. Visiting Sir Knights cour- leously fnvited. By order of the k. C CHAS. J. TROWBIIDGE, Recorder. GARDEN CITY LODGE, No. 141 A. F. and A, M~ A vegular Communication w1il be held at Orfental Hall, b Wednesday Eve.. Oct. 4. Workonthe M. M. De- 3ree. Visiting brethren are fraternally lavited. H. F. HOLCO! MB, W. M. L. L. WADSWORTH, Secretary. GOLDEN RULE LODGE, No. 726, A. F, and A. M. ~—Xegular Communication on Tueeday eveniog, Oct. 3 puode Forkcn the M. M. Degres, ioe A ACFADYEN, Secrs 9 SUNDAY, OCTOBER 1, 1876. At the New York Gold Exchange on Satur- 1ay greenbacks ranged from 903 to 90 cents pn the dollar in gold. There is wide-spread dissatisfaction among the more respectable Tildenites as to the misersble and disgraceful batch of candi- fates for the General Assembly their Con- rention nominated. The decent Tildenites Insist on purging the ticket of seventeen or eighteen of the twenty-four nominees. There Bre various plans discussed to get rid of those comtemptible bummers. It is freely ad- mitted that * reform is necessary,” but the bummers swesr they will stick, and not al- Jow themselves to be thrown overboard. It i8 reported that the decent Democrats intend to quietly omit their names from the ticket and substitate men of some competency, ability, and standing. We ghall see whether they have the nerve to rid their ticket of the vermin that have crawled upon it. If they haven't, the peoplewill be very apt to bounce the fellows at the polls. The Chicago produce markets were active Saturday, and irregular. Mess pork closed 5@74c per brl lower, at $16.20 for October snd $14.90 for the year. Lard closed 10c per 100 lbs lower, at $10.25 for October 2nd $9.323 for the year. -Meatswere steady, 8t 7c for summer shoulders, boxed, 8fc for do short ribs, and 9j¢ for do short clears. Lake freights were more active, at 24c for rorn to Buffalo. Highwines were firmer, at £1.09@1.09} per gallon. Floar was in good request and firm. Wheat closed easier, at #1.061 for October and $1.07 for November. Corn closed easier, at 443c for October and 433c for November. Oats closed j@}c lower, st 33}c. Ryo was steady, at 6lc. Barley closed dull, at 83¢ for October. Hogs were steady, at $3.75@G6.30 per 100 1bs. Cattle were dull and unchanged, at $2.50@5.00. Shecp were quiet and scarce, 8t $2.75@4.50. One hundred dollars in gold wonld buy $110.00 in greenb at the close. — As to two of the Democratic candidates for Congress put in nominstion yesterday,— Messrs. Hanrisox and LE MoxxEe,—the most pertinent comment that can be made is that, while both were members of the Demo- cratic majority in Congress which distrib- uted money broadeast for public ‘works, they had mot sufficient influence with their own party to secure an appropriation of even $250,000 for the prosecntion of the work on the Chicage Government building. As a result, the work will have to be discon- tinued and ¢he building left withouta roof Auring ihe coming Wwinter, causing & loss of many thousend dollars in damage to the walls, and a loss of nrobably one year's time in the completion of tha structure. With this in iew, the people of Chicago and Cook Coun- ty cannot afford to return these men to Con- gress. They have proved themselves nobod- ies, without influence even with their own party, and neglectful of the interests of their pwn constituency. Messrs. HARRISON and L Morxe will not be members of the Forty- ffth Congress. % The Tildenites have sonounced a so- _called * Soldiers’ and Sailors’ Convention,” to be held at Indisnapolis, Oct. 5. The time being near at hand, and the indications being ~very promising that no soldiers or sailors would attend, the managers of the affair have now resorted to the expedient of an, nouncing that they are ready to pay the ex- penses of the trip, and that any man who will volunteer to go can save his expenses. The managers in Chicago have given out that they will take 1,000 men down and back on these terms. Of thefactitself there js no doubt, ss the TILDEN agents are al- ready at work in the city hiring the men to go, none of whom, of course, wers ever sol- Jiers or sailors. The question of particular interest in this connmection i§, Who fur- nishes the money? Neither the bum- mers of Chicago nor the Palmer-House gang hove any money to throw away upon this enterprise. The money has coiae from some other source. Is it part of the contents of the Albauy barrel? We commend this statement to our readers as the Reform plan, of getting up conventions, and leave them to malke their own deductions. At the same time, we would suggest to the Palmer-House crowd that it is a waste of money, and will pot make a vote for TILDEN. The soldiers and sailors of this country are not going to vote for 8 man who stabbed them in the back while they were fighting the enemies of the Government. Texas gives the New York answer to its assertion that pesce and order reign in that State, where the whites are in the msjority. In January, 1674, the Democratic State Govern- ment came into power by fraud end violence, and from that time to this it hus been the ian of thieves and murderers. In the County of Nueces the GrandJury xacenfly'ra. ported to the Court, over which the writer presided, forty murders committed in six weeks, and not 8 single person has been tried. Within the past yesr nearly 2,000 people have been murdered in Texas, and bhardly an indictment lu:s been f?\md. There are many feuds among the whites, but the ‘blacks suffer the most. The jails have been broken open and Democrats released. No man is ever arrested for Killing a negro. No negro who is arrested for any offense ever escapes the punishment of being sold into servitude, since the juries are composed of white men snd the white men are sll Demo- A citizen of Nation & crushing crats, The order which was established two years ago by the Republicans has been turn- edinto a perfect saturnalia of crime by the Democracy. The State of Texas differs from the other Southern States in this respect: While negroes are murdered all over the South with impunity, in Texas the whites are murdering each other also. It is 8 State absolutely without law. It is rapidly be- coming a very serious question whether the present horrible condition of the South is not. g0 far removed from political considerations as ‘to justify the Government in taking military possession’ of that section to avert the danger of & general disturbance of the whole country. The present situation cunnot continue much longer without the necessity of sending troops into the South, not for the purpose merely of protecting voters, but to save humen life and property, to secure obedience to the laws and the Con- gtitution, and to break up by prompt meas- ures what threatens to be a new and danger- i ous rebellion against the Government. — . PROFESSION AND PRACTICE. Reform is the political key-note of the time. Both parties have struck if, but are working out their themes upon entirely dif- ferent methods. The Democratic method is loud pretense; the Republican method is quiet but earnest and practical work. The home politics of every community offery 8 foiv basis of comperison, for the reform which tha country needs is not more an im- provement in the system for organizing the service of the Genersl Government than the elevation of local politics. To elect & Presi- dent heartily in favor of Civil-Service reform will not help the States, counties, and cities in their municipal governments, unless that election likewise places a better order of men in control of local politics, and dismisses for good and all the bummer element that bas aitached itself to parties within the last fow years. The sincerity and capacity for re- form in either party may be best tested, therefore, by the character of the men who are put forward as its representatives in Congressional, logislative, and municipal offices. Let us take the politics of Chicago and Cook County as o sample of the respect- ive merits of the Republican and Democratic organizations as Reformers. Tha City of Chicago, under the dominion of o local clique, composed amost exclusively of men who act with the Democratic party in the interest of *Trmpex and Reform,” was made almost bankrupt during an administra- tion of about two years and & balf by an un- interrupted course of extravagance and plun- der. The credit of the city was so seriously impaired that money could not be borrowed temporarily, either at homo or obroad. The Departments were overrun with greedy bum- mers and bernacles. ‘The Council was noto- riously corrapt. Ballot-box stuffing, on & large scale and with almost unexampled éf- frontery, was practiced for the first time in this community. The taxes were not col- lected and the vicious classes ran xiot. The condition of affairs was so desperate that the Republican party organized as such to take charge of municipal affairs for the first time in many years. In something like four months a complete revolution has been ac- complished under the Republican adminis- tration of the city affairs. A systematic plan of retrenchment Wgs jnaugurated, whichis salmost completed, and which will save the tax- payers or proprietors of the city about 40 per cent of the expenditures laid out by the pre- ceding Administration. Large numbers of the city employes who were left unpaid have been paid for the services rendered. Some discharged. The credit of the city has been 5o far restored that the Treasury warrants of the city drown against the tax-levy of 1876 gre already quoted at & premium. Com- mercial business has been improved by the restoration of confidencé in the management of the corporation, and there is mot a property-owner or business-man in Chieago who does not feel easier and more hopeful. This, we think, may be called genuine and practical reform, end it hos been accom- plished under the auspices of ihe Repub- lican party, and by the displacement of the men who act with the Democratic party. The Democratic party of Cook County, which has been loudest in its professions of a desire for reform, recently had a similar opportunity for putting those professions into practice, and failed. The necessity for sending intelligent and competent men to the State Legislature was mnever more spparent than now. Cook County was never so much in need of legislative help aspow. The eu'lbmassments and complica- tions of our revenue and tax laws are such that there are some $3,000,000 due the city, “which will be lost forever unless the Legis- lature shall come to our assistance. The collection of taxes will be impeded 85 much in the future asin the past unless the laws are straightened out and simplified. The work demands skill, knowledge of law, will- ingness to work, and personal integrity. Cook County’s interests demand especially that the twenty-one Representatives and seven Senators sent to Springfield shall be of a character to command respect and exert large influence in the Legislature. Enowing all this, the Democrats of Cook County met in convention last Saturday and nominated the most scurvy set of fellows ever nsamed in connection with legislative positions,—so potably inefficient and scandalous that even the organ of * TruoeNand Reform ” promptly repudintes the whole batch, with two or threa exceptions, and demands that the Democratic Central Committee shall take the Evanses, Hicreys, KearNeys, DELANETS, SexToNs, ENZENBACHERS, and the rest, by the collar and breeches and toss them over- board. We hope for the sake of the community, since the Democrats necessarily elect some of the legislators on the minerity plan, that the Democratic Committeo will follow this advice. But what shall we say of the Democratic pretense of “reform” when it is thus put to the test? A political body is the sum of its compo- nent psrts; no better and no worse. All the obscure, sud di fellows whom the Democrats nominated for the Legislature from Cook County are vigorous shriekers for «mppex and Beform.” All the men who made up the Convention which put these fel- Jows in nomination never tire in howling stuffers and rogues who have been swindling the people at the polls and plundering the public treasury in city and county are unani- mous for ** TroEN and Reform.” If nomi- nations were to be made this fall for the city offices and Council, there is no doubt that the selections of the ‘* TILDEN and Reform ” party would be of the same disreputable character as thuse made for the Legisla- ture. Will not thinking men who sincerely favor an improvement in the various branches of the public service ask themselves what hope there isof ‘practical reform from 8 party controlled by this sort of cattle ? Is it not . about time for the spoils-hunters, under the name of Democrata. to throw off the Be- of the floating debt unprovided for has been [ this is, that, on tho item of improve 4 town « Trpew and Reform.” All the ‘ballot-box: form mask and make the old fight for the offices in the old way ? Do they think the mass of voters are so ignorant or depraved as to be cheated or enticed into the support of the Democratic party simply because the Dave Trorxroxs and Par Hiczevs of local politics set up the ery of * Tmoex and Re- form,” while their conventions are controlled by the same bad lot as ever, and their candi- dates selected from the same low-flung po- litical bummers? And if thisis the sort of practical work done by the Democrats in the very flush and heyday of their * Reform ” movement, what may be expected from them if they shall succeed in possessing themselves of the Government, and when they shall feel assured of their power ? —— EQUALIZATION OF TAXES. The two Republican Congressional Con- ventions in this county have made excellent selections for the State Board of Equalize- tion, in the persons of JOHN ‘WentwonTH and Sanvrs B. Cmase. If the Third District will select Mr. DERICKSON, or some one equally experienced and energetic, this county will be represented at the next meeting of the Board by a strength it has heretofore not had. The Board consists of nineteen mem- bers, and yet the three districts of Cook County, electing about one-sixth of the Board, are assessed upon one-fourth of the taxable property of the State. Mr. WeNT- worTH and Mr. CHase, as well as Mr. DEr- 10ES0Y, a3 owners of large properties, are personally familiar with the condition and Yulues of such property, and capable of pre- senting the equities and justicé of a fair ap- portionment of taxation. This county has been the victim of the State Board for many years. Chicago has been looked upon as a fair subject to be plundered, and we regret to say that, outside our own representatives, the members of the Board have been pretty unanimous in piling up assessments agninst this city. An instance of this kind took place ata recent meeting. The return of thc assess- ments for lands was referred to one commit- tee, that of personal property to enother, and town and city lots to a third, in order to equalize the assessments as between coun- ties. The Committes on Town and City Lots prepared a report, which was agreed to unanimously, snd the report was laid over and cxamined by other members of the Board. Not an objection was heard or men- tioned. This report was referred to the General Committee to be mcorporated in the general report. On Sunday some members of the General Committee met and deter- mined to add $30,000,000 to the assessed value of the town and city lots in Cook County, and, of course, to reduce the assess- ment upon the town and city lots in the rest of the State. This General Committee had really no jurisdiction over tkis subject ; their province was to equalize the reports of the special committees, and not to enter into the details of either. But the chance to reduce the valuation in their own districts by add- ing largely to that of Chicago proved irre- sistible to the conntry members; so the addi- tion was voted, in defiance of all justice, snd in violation of the Board’s own rules. The result of this last addition, carried at the last hour of the session, leaves the valua- tion of the improved town and city lots in Tllinois in the following shape : Average value of Jots in Cook County. ‘Average value of lots in whole State, 503 ‘Average value of lots outside Cook C 38 The average value of the improved lots in Tlinois, outside of Cook County, is assumed to be, for taxable purposes, $348; while in Cook County they are to be taxed at an av- erage value of $1,600. A consequence of $1, 600 lots, Cook County is assessed at 52 per.cent of the whole property of that kind in the State, while the other 101 counties combined are assessed at only 48 per cent. The total assessment for this county of lands, lots, ond personal property will be about $210,000,000, ogainst $230,000,000 last year. To this is to be added the dis- tributive share of taxzble railrond property and capital stock, which will increase the whole to about $218,000,000, which will be the basis for county taxation. The aggregate taxto be collected under the levy for county purposes, apart from in- terest on debt existing before 1870, will be about $1,700,000, which will not leave 8 very large margin for expenditures on. the Court-House,—the ordinary current expenses of the county nearly reaching that sum. REFORMERS AT HOME. Not by their fraits, but by their oaths and hard knocks, shall ye know them. First blood for BaNEY and first knock-down for Hoxme were the reports from the primaries. The first pistol-shot seemed to be in the in- terest of Hoxre, but it had the effect of so scattering the Reformers of both sides that the Cavrrrerp Reformers organized on their own hook in the First Ward, and the Hoxm Reformers followed their example. The CaULFIELD faction was led by the well-known ballot-box Reformer, Dave THORNTON, With Par ‘McHucr as legal adviser, while the ‘Hoxx crowd were marshaled by Taupe, who is chiefly conspicuons in the Cogrts as the Reformer of thieves and bunko-S®erers, and who had the active assistance of such de- voted disciples of Reform as Tox FoLex and Jmg RByas. The interests of Reform could only suffer in such hands by an excess of enthusiasm, the am- bition of every Reformer o’erleaping his discretion to some extent. It was this spirit of excitation, perhaps, which prompted the Hoxte Reformers to denounce the CauvL- sreLp Reformers as liars, ballot-box stuffers, and bad men generally, and the same laud- able exultation that induced the CAULFIELD Reformers to characterize the Hoxre Reform- ers as scoundrels, thieves, and equally bad men. But then it must be remembered that both classes of Reformers were worked up to a greater fervor of reform than even Moopx and SANEY are able to excite in behalf of s religious revival. This wos how TrUDE came to be upset and tho table put over him to keep him down, and also accounts for the bandying of oaths and epithets, and the free use of walking-sticks, cudgels, and slung- shots. Indeed, the Reformers, growing by what they fed on, became 0 entirely obliv- jous to decency, order, and everything else except Reform, that the police had to come in and quell the -disturbance. It is often 8o when enthusisstic men allow themselves to be carried away by a great principle. Of courseso pretty a fight in the prima- ries was sure to break out sgain in conven- tion. Could Reformers like BARNEY Cavr- ¥reLp, Dave THORNTON, and Par McHucH per- mit this glorious: opportunity to passinto other hands? Never! But could Reformers like Hoxre, Taupe, Toxm Forry, and Jma Ryan intrust the great work of Reform to anybody else ? Likewise, never! When Reformers meet Reformers thus face to face, then comes the tug of war. For 8 time it seemed a8 though the grand principle of Reform might suffer from this collision of martyrs, in- gisting that be, and not the other, should offer himself as sacrifice on the altsr of Be- form, But %iis danger was happily averted by holding two Reform Conventions instead of one. Mr. Reformer Hoxmz was nominated by one set of Reformers, and Mr. Reformer CAvLrrELD by another set of Re- formers. And yet they are not happy. The gentleman who aspires to represent such Reformers a3 DAvE THORNTON, MIxE EvaNs, and Par McHucm naturally distrusts the other Reform candidate ; and the gentleman who has been put forward by such Re- formers s Trupe, Tou Forey, and Jme Ryay has no faith in the pretensions of the other enthusiast. And so the case stands. We have no doubt that the interests of Reform would be served best by both these distinguished Reformers, Hoxm and CavL- FIELD, obstinately holding their ground. They must be satisfied that Reform will suffer if either of them withdraw. But it is unfortunate that both live in the same district, and even s Congress of Confederate Reformers might object to admitting two men from the same district, especially when both will receive a minority of the votes. So it is more than likely that one of the Beformers will have to step aside. Enach has his advantages. BanveY has been tried as a Reformer, having steadily voted with the Confederates in Reform, ‘having stood by Bex Hrur when he libeled the peo- ple of Chicago, and having been active in running the scandal-machine in behalf of Reform. BARNEY also comes from that race of Reformers which has prodnced its Dave 'THORNTONS, MIKE EVANSES, and Tox Foreys ; thisis in his favor. Hoxre, on the other hand, is untried as a Reformer, except, per- haps, in a brief experience in HydePark, and it is not known whether he will be true to the Cause; but Hoxie has one advantage which ountweighs all the others, to- wit: He has the most money and is willing to spend the'most money in behalf of Reform. That settles it. BARNEY, with all the service he has done, must step aside and await & post-office, or a gaugership, or something, in case * Trupex and Reform " shall succeed. Hoxie's money will go fur- ther among the Reform boys than BARNEY'S blarney, and so Hoxe is the man who is destined to serve the interests of real Reform by being beaten for Congress by Mr. ALDRICH. The Reformers of the West and North Di- visions (the Second and Third Districts) were naturally less enthusiastic than the Reform- ers of the First District. One reason for this is, that they are less numerous ; another is, that no moneyed Reformer, like HoxrE, came forward to contest the renomination of the old members. It is understood that Mr. Hangisoy loft instructions when he went away that all expenses should be paid, so that the Reformers rallied abouthimas a unit. Thus the voice of ** Our CarTeR ” will be heard again in the land, and the eagle will soar s of old,—till after election. In the Third District, Mr. Lr M~yne's success in rellying the Poor-House vote secured him his renomination, though by . the same token Gronoe Knverrry would have been equally available. But as Mr. L Moyse got into Congress Iate he will go out early, thus equalizing matters, after the theory of Crantes Laws in getting down to his office. Having displaced Mr. FARWELL, efter the lat- ter had been elected, he will now taste the bitter of retributive justice and msake way for Mr. Brextaxo. Indeed, the interests of that particular kind of Reform represented by the Mme Evanses, Dave TEHORNTONS, Tox Foress, Jmx McGraras, and JOENNY Concorans seem to hive suffered considers- bly by yesterday's work. RELICS OF THE PANIC, . A recent rsport by a Receiver in a case pending in the United Stoes Court of this district illustrates the character and extent of much of the business done in all parts of the country before the panic, and explodes the thaory so earnestly claimed by many that the years of expanded crediv rd wild specu- lation immediately precoding that collapse were en cra of glorious prosperity. The case was a suit against Josere E. Youxa and Samvee J. Warzer. A Receiver was ap- pointed for YouxG, who reports that he holds in his possession the property of that gentle- |- man, at the par value stated, set forthin the .$169, 000 100 Company . 2 notes, ot nume Number of claim — shares Rock K Interest in Highland Coal Company Clgim vs. C., D. & V. R. R Claim vs. S. J. Walker Interest in another clai R. R... 14 notes inotes by C.; D. & V. R. Equity inland on Ashland avenue. Total..eeiueemneeven $078,025 The Receiver states property is nearly worthless, and the little value it has is daily depreciating, snd asks permission to gell it for whatever it might bring. We are not discussing Mr. Youa's case particularly ; we take this exhibit of the assets of 8 man who before the panic was doing a wholesale business—on credit. With him and Mr. WaLxes times were good, money was in abundance, and credit was unlimited. Here were sureties of a mixed character which were in those days available as collaterals on which to borrow money with which to build railroads and dabble in all kinds of specula- tion. If the render will multiply this case by 100,000 others of like character, and estimate an average amount of like assets for each case, he will be able to form some ides of the hollowness and the want of substance of much of the business which was done guring the “flush times” preceding tho panic. YouNe's “securities " foot up at par, in round numbers, $1,000,000, and JAY Cooxe’s reached $350,000,000. The disease was wide-spread, ronging from the border towns and cities of Moine in all directions all over the land. It included men of all ckaracter of means, Doctors, lawyers, clergymen, storekeepers, merchants, ‘manufacturers, ‘miners, mechanics, laborers, and also many women,—all had their money invested at large interest expecting large dividends. All over the land there were all manner of companies organized nominally for all man- ner of purposes, but pricipally engaged in issuing capital stock and bonds, whick found arapid market. Therewas but little scrutiny ; any bond or stock seemed to find credulous persons to buy it. and these credulous persons thought there were never such prosperous times a5 when they could buy bonds bearing 10 per cent interest at fifty cents on the dollar! Money was abundant. Anybody having bonds could borrow money on them. Never was s people 50.happy or so pros- perous—on paper. In view of all this, the wonder is mot that there was a panic. It was inevitable. The whole credit system was rotten. It had no substance. It is not probable that the whole array of assets in the foregoing list filed by the Receiver of Mr, Youse is worth §1,000 cash. Yet represented times of unlimited credit, the basis of credil now represented by his debts. We do not know how much the debts claimed in this case amount to, but sssume that they equal the par value of these so-called gecurities.” Theexplosion of 1873 flattened out the credit system just as the explosion at Hell-Gate sunk the rocks to a lower level. The theory with some people is that the panic destroyed property ; but looking over this list the reader will fail to discover any item of property which has not'as much real value now as it ever had. These items repre- sent nothing substantial,—they are credit, and credit representing nothing that was real. There are in Chicago, and in other parts of the State and in every other city and State, large numbers of cases where the ex- hibits of speculators and dealers in credit are no more substantial. The peinful circum- stance is that each million of this kind of paper tells the story of a large proportion of other people’s earnings and savings in- vested and now lost forever. We need not go further and detail the other kind of oper- ations where fraud was the principal con- stituent. In this State alone the holders of stock represinting 3,000 miles of railway were deprived of their property by the issue of bonds to the mansgers and the subse- quent sale of the railroads to the bond- holders ; nor of other operations whers rail- roads were perpetuslly leased under perma- nent pepsions to the officers executing -the leases. N “The country has suffered seriously by the sudden collapse of the expanded credit Bys- tem, but each day that that system con- tinued had the effect of preparing a wider desolation and a more terrible disaster. A collapse was not only the inevitable but the natural result of doing business without money, and exclusively on debt; and this 36bt is represented by property of the kind " now set forth in the schedules of Receivers and the Bankrupt Courts. THE LAEKE FRONT. The Council Committee having the Laoke Tront matter in charge have reported the following resolutions, which have been made the special order for the next meeting : Resolved, That the proposition of the Tilinois Central Railroad to purchase that portion of the Lake Front boanded on the north by Randolph Btreet, on the east by the west line of the right of way of said Railroad Company, on the south by the north linc of Monroo atrect, and on the west by the east line of Michigan avenue, for $800,000, be accepted. Resolved, That, in order to carry out the above resolution, the matter of the dissolution of the in- junction be referred to the Msyor and Comptroller, Who are hercby directed to compound and settle \with the authorized attorney or representutives of the property-owners now having control of the lit- igation and proceedings in the United States Court for the Northern District of Iilinois, in which the injunction was obtained in the name of the United States, and that out of the first money received on such sale they ve authorized to reimburse each property-owner thelr costs and expenses in said snit, and that they discharge out of eald money all such sums or claims which in their discretion may secm just and necessary to obtain and effect the dissolntion of said injunction, and the dismissal of 21l pending suits in any court of this Statc or the TUnited States; providing the entire expenditure to clear up the title shall not exceed the sum of $100, 000. Of course the interesis of the city all de- mand the sale of the three blocks now lying jdle and unused on the Lake Front, and it would be better to sell them for $700,000 than not to sell them at all. This is what the resolution amounts to, for thereis no doubt. that the full amount of $100,000 authorized to be expended among the prop- erty-owners would all be absorbed before the injunction could be definitely got out of the waoy. But there are objections to pursuing the plan proposed. The public will naturally resent the payment of money which ought to belong to the city to a number of private individuels who, instead of being dam- aged, will be benefited by the sale of the property snd the location of a depot thereon. These owners are now paying taxes on property which does ot bring them in one dollar, and which does not promise to do 50 as long as the present situation remains unchanged. The property which it is proposed to_sell is not now, and can never be made, available or desirable for public park uses, which js the only theory on which & number of the owners of abut- ting property have claimed damsge. Yets very few of these gentlemen have obtained an injunction in the name of the United States—have a sort of *corner,” in fact—on the city, and there seems to be mno means of getting them and their injunction out of the way except by poving them for the benefits they will enjoy from tho sale. There will be an indispo- sition on the part of the public to gratify this greed. But another objection is found in the probability that those property-own- ors who have withdrawn their opposition will renew it when they find there is any money to be distributed; so it is‘extremely doubtful whether even the $100,000 would go around. There is only ome comfort about the present phase of the mat- ter. Weare satisfied that alarge majority of the Council are intelligent and honest men,—a satisfaction we haven't enjoyed for some years,—and their decision will be made up on their judgment of what is best for the city to do. But we confess a disinclination to advise a division of the money with men +who will only be benefited by the sale. ANOTHER CHARLATAN EXPOSED. The British public has recently taken up ith a worn-out American sensation, and is working itself up into a furor of enthusiasm and excitement over its discovery that the whole thing is a trick. The sensation is a spirituslistic one, and the charlatan, SLADE, aNew York medium, so-called, who isalmost s familiar in Chicago as in the former city. Stape and his threadbare slate-trick having become stale here years ago, the quack. dealer in spirits seems to have taken himself to London in search of mew victims. Itis somewhat astonishing that, while spiritualis- tic mediums in this country sbound in al- most every city and town, and perform this identical slate-trick, as well as numerous other feats of sleight-of-hand and jugglery which have been exposed over and over again, SLADE, a3 soon as he arrived, was o novelty, and was esgerly sought after, not glone by ordinary gulls and untitled vic- tims, but alsy by lords and ladies, dukes and earls, and even learned savants. Gumneas rained upon him in a golden shower, and the slate did a ‘whole- gale business in rattling off messages from dend and gone Londoners to their friends. In anevil hour, however, StaDE attracted the ettention of Dr. LANKESTER, Professor of Zoology in University College, London, snd of Dr. Dok, Assistant Surgeon of West- minster Hospital. These two gentlemen of large inquisitiveness and little faith hed a private seance with Stape. The slate-trick is so familiar to our readers that it is unnec- essary to explain the details of the operation. By very slight and simple tests, the two gen - lemen discovered that the whole operation message Was ten with one finger of tne ‘hand which was holding the slate down to the table, and that the upper message Was writ- ten by Szapz on the slate while it was resting on his knee, concenled by the edge of the table, before it was placed on the table, The explanation which Dr. DoNsmy makes of the manner in which the trick was discovered is so interesting that we give the substance of it. Dr. DoNEIx writes to the London Times* The next communication was partly quite legi- ble and in a straightforward, undisguised hand, but this time it appeared on the upper surface of the slate. Bearing in mind the hypothesis that this was ready written before the spirit got to work under the table, I carefally watched SLADE daring & considernble interval before he replaced the slate. While he was clearing his throat and mak- ing short remarks, I saw his right arm, now at some distance from the table, moving cxactly 38 though he were writing on something placed on his knee. Owingto my position st the table op- posite him, I could not sce his hand. Simultane- ously I heardthe scratching of the pencil, hardly at all obscured by the noises I allude to. After the replacement of the slate the spirit- scratching (this time 2saruse) was heard as be- fore. Before the next communication, the eprits were asked if they could write for Prof. LANKESTER. | They agreed to do so. Igbserved the mediam go through the same sort of mancuvresas before, although even more deliberately, very little effort being made to hide s loud.scratching while the slate was awsy from the table. After some little time, SLADE put the slate under the table, holding it as before, with his right hand, Prof. LANKESTER being abont tohold it with his left ina similar manner. Here let especial notice be given to the fact that at this moment the slate was said to be free from writing. Before any time was allowed for spirit-scratching to be heard, my friend, 83 agrecd upon, sharply withdrew the siate, and, in accordance with the prophecy, displayed the mes- sage already written. In view of the imposition practiced upon them, or at least attempted, both gentlemen are unanimous in their characterization of jt. They pronounce the exposure perfect, and do not hesitate to say that Srapz is a humbug and charlatan who should be prose- cuted for obtaining money under false pre- tenses. The most interesting fenture of the ex- posure is that this transparent humbug en- gaged the attention of such a dignified body of savants as the British Association of Glasgow, in which SuapE's tricks were held up as proofs of spirit-power, and 8s deserv- ing the attention of men of science. The subject was introduced by Prof. BammerT in a paper upon ““Some Phenomena Associated with Abnormal Conditions of Mind,” and in the discussion which followed Stipz and his charlatanry were indorsed by such emi- nent men asDr. CARPENTER, the physiologist, and WazrAcE, the naturalist. The result of the discussion of this body of savants has afforded the English papers and reviews an unfailing source of humor and satire. The Times thinks the Association has degraded itself, and declares its credulity to be as- tounding. The Spectator says the Associa- tion furnished an illustration *of imbecile credulity and mad delusion.” The Saturday Reriew sums up & three-column article on the humbng with the following declaration : It is well known that scientific knowledge is 2 great enare when applied in an unscientiic man- Ter. The most perfect logic will not servea 1an Who starts on a fatee premise. On the whole, sober human experience is the safest guide in this, a3 in most things. The moral of the whole affair is summed np in RODERT STEPHENsON's remark to the man who used to bother him about perpetual motion: **If you will take yourself mp by the belly-band of your brecches and carry yourself round the room, I will consider the matter.” The whole affair aptly illustrates the old saying, ‘A little learning is a dangerous thing,” and will be likely to do great harm to science by showing to what absurd results its votaries msy attsin in carrying out Hersceey's advice: ““The natural philoso- pher should believe all things notimprobable, hope all things not impossible.” The adop- tion of this advice without qualification has left that grave and dignified collection of English savants floundering in & puddle of the most transparent quackery. e Al —— THE WAR IN SERVIA. 'fhe Christians and Mohammedsns, re- freshed by their temporary rest, are at each other's throats again, the Serviens taking the responsibility of breaking thetruce, evidently with the hope of winning avictory which would influence mediation more favorsbly in their behalf. The peace Was broken on Thursdsy last, and the two main armies hurled themselves upon each other around Alexinatz, where the Servians met with such a disastrous defeat about two weeksago. As usual, the reports are directly contradictory of each other. Dispatches from Nitsch, ema- nating from Servian sources, represent that tho result of the fighting on Thursday was to force the Tarks back a long distance, and that on Friday they were threatened on i1 ~ae sides,—by TCHERNAYEFF, with the bulk of the army, in front; by PorovIrcE on the left, and HanvaTovrres in the rear. 1t this be true, the Turkish army js in 8 critical condition; but, per contra, the London Standard, which is an ultra-Turkish orgen and the apologist for the Bulgarian atrocities, reports that Thursday's battle re- sulted in * o glorious victory ” forthe Turks, the latfer, after having been exposed to a heavy artillery fire all tho forenoon, suddenly sssuming the offensive in the afternoon and defeating the Servians with enormous loss. 1t will require considerable time to ascer- tain the real victors in this fight; but this point is ot s material now as if there were no peace propositions pending. The rela- tions of Tarkey and Servia are now in the hands of the Great Powers for adjustment, and, although the two combatants have re- sumed hostilities, the peace negotiations are still progressing, although repidly drawing to o close. The Powers have presented their propositions to Turkey, and the Porte is required to give an an- swer to-dsy. Upon that answer hangs the question of peace or War between Servia and Turkey, perhaps the peace of all Europe. The London Standard intimates that the reply of the Porte will be perfectly satisfactory. This would be an assuring an- nouncement, if the Standard were & reliable paper on TTurkish matters, but, unfortunately for its credibility, it has over and over again shown itself ready to allow its prejudices to blind its eyés to the truth. 1f Turkey should decline the propositions, of course the war will be reneived, with the almost inevitable prospect that Russia must be a party to it. There is great force in the remark of the Tondon Times that it will be idle for Russia 1o talk of neutrality, with a Russian army in Servia. If, on the other hand, Turkey should accept the propositions of the Pow- wrs, then Russia will be compelled to show herhand. If she ie for peace, she must com pel Servia to accept it, notwithstanding her strange conduct ; if for war, her relations to Servia will be explained. After to-day she ‘must proceed openly jn the Servian matter. There will be no further doubt about her policy, and it may be remarked with equal truth there will be no doubt of the ‘policies of the other Powers. ‘The diplomatists are through with their work. If peace is not accepted by the Turk, the sword alone must solve the relations of the two hostile races. was a humbug, They found that the lower Perhapsit will involve the settlement of that 1s-l.xll more perplexing question which hag go ong Russia. TICE—VULCAR, ‘The discovery on the 4th of April swift-moving spot on the face of gha !I::t :h the announcement that 1t Was probably fho intra-mercurial planet, the existence of :N * was announced as probable by hvmm:: seventeen years ago, has ravived the dim Prof. JorN H. TicE, of St. Louis, that he 2 covered the sald planet in 1859,—less &mflh.'; months after it was seen by LRSCARBAULY. Prof. Tic is alleged to have seen the planet re. ce_nfiy, and to have offered to show ittohis fricnds. He has also calculated that the sald planet bas s diameter of about 85.000 miles, and a perfodic time of 23.03 days, which would give it a mean distance from the sun’s centre of flb’;‘;t 126(00,000 miles: e friends of Prof. Tics ha complained that he is nct cred:t?zdr?fg e?ln’e honor of the discovery, either by the astrono- mers of the Old World, the lesser lights of Chicago, or the press gencrally. It is only proper to inform them that the same test s ap- plied to him as to others who claimto have found out the existence of something of which other people bave no knowledge. Very few astronomers felt, or displayed cond- dence in the calculations of Apausand LVez- RIER, with reference to theplanet now known as Neptune, till the position of that object among the stars was announced, and he could be seen by any one who chose to look in that direction through a sufficiently powerful telescope. So, too, the observation of LESOARBAULT was genex: ally discredited (doubted) by astronomers, though the hitherto obscure Doctor was Honsze:l' by the savants of the French metropolis. The allegations of others, though of acknowledred skill as observers, have been equally doubted; and a collocation of all the observations is only considered as warranting the statement that there may be a transit of an intra-mercurial planet across the sun some time between now and next Tuesday evening. It is no special in- justice to Prof, TICE, therefore, that his claim to have seen such a planet is not received with open arms; especially as it is suspected by some that the existence of Vulean is insisted on by the Professor chiefly because it is necessary to a meteorological theory which they regard as unphilosophical and absurd. It is certainly strange that it there be sucha planet as Vulean, with a diameter so great 25 85,000 miles, he has not been seen ere this by others. Such a magnitude wounld give him sn angular diameter of one and a half minutes of arc when he i between us and the sun, and fully one minute and & quarter When at his greatest elongation. He should, therefore, be as easily secn as i3 Venus, when at an equal elongation; and she is 2ot at all a difficalt ob- ject to discern when very nearly in line with the centres of the earth and sun. If Prof. TICE hat mastered so much of the elements of Vulean't orbit as is claimed for him, he surely ought te beable to indicate the position of tha planet to at least within a few degrees when a little “sweeping” with a good telescope would suffice to bring the fugitive into the view of mortals who walk not g0 much by faith as by sight Ip affirmivg ot denying the existence of aworld. THE TRIB- use will gladly publish, not 2 digest of the meteorological theory of the Professor, but a statement which will ~assist the astronomers of this vicinity and elsewhere to see the planet for themselves—if he will fornishit. If he can do this he will make himself famous in the annals of science, and Tne TRIBUNE will lend its ald in spreading a kmowledge of the facts before the world. If Prof TICE can-' not do this, we very much fear that the world, outside of St. Louis, will persist in disregard- ing his claims to be a discoverer, and will even have the impudence to doubt the value of his weather theory, which hitherto appears tobe based upon assumptions that no one else is able to verify as facts. —————— A cable dispatch, yesterday morning, an- nounced the death of the great German sculp- tor, Ernst Vox BaxDEr, the founder of the colossal statue of ARMINIUS which was placed upon the sumumit of the Teutoburger Wald Iast August, amid the rejoicings of the whole Ger- man people, and which spread his name and fame for and wide. He wasborn May 17, 1500, at Augsburg, Bavaria, studled in Nurnberg sod Munich, and resided in the latter city ustl 1534, achicving considerable reputation by portrait-stgtues. In that year De. went to Berlip and tried to awaken an interest in\ his long-cherished project of erecting a coloszal statue overlooking the spot where ARMINIUS defeated the Romans gand rescued Germany from Roman oppression. He met with no encouragement, but did not loss hope. He retired to Detmold in 1837, and com- menced his work, upon which he labored forty years, sacrificing bis time, wealth, and health in the consummation of his idea. Last August it +was finished and put in place, and the old scalp- tor received hisreward in being led out in sight of thousands of the German people and being thanked by the Emperor in person. The sealp- tor has gone; but his work will remain forever, commemorating German libertyaod devotionto art. —————— The Hox1E faction that euchred the BARNET boys so neatly madea most miserable blander in their nomination for member of State Board of Equalization when they selected, on themo- tion of one FAGA, a man in Lemont named G. S. SkeLry. This individual may be competent to look after the interest of stone-quarries o0 the State Board, but what was wanted was & suitable man to represent the South Division of Chicago, which contains half the taxable prop- erty of the whole county, and is plundered by the State Board of Equalizaticn year after year. The CAULFIELD faction made an infinitely bet- ter selection when they nominated L. B. 0113, who is entirely capable, and would understand what he was clected to do,—to protect the in- terests of his fellow taxpayers. However, the Republican nominee—the Hon. JoEN WaNT- worTR—will be elected by an overwhelming majority. But the nomination of SEELLY showd what ideas of “reform” in State assessment matters the Hoxie crowd have. S " BamsEY CAULFIELD met the same fate that overcame HENDRICKS at the St. Louis Conven* tion. TILDEN'S bar’l of money contained arg® | ments that were too potent and convincing to be resisted. HENDRICKS only promised unlim- ited issues of greenbacks after he became Prest- dent, but Uncle Sauuy issued his greenbacks right on the spot, and paid them over to the needy, seedy Reform loafers. Jn the same Way | HoxIe played SaMar’s little game on BARYEY, | and bought up ward and township delegations { right under BARNEY'S mose. Plenty of dele- l gates who were stanch Ultramontanes sold ont e e te the faith. Times are bard, ea* | ployment is scarce, winter is near, and money!s § needed, and it was not unuatarsl for that crowd of “Reformers” to makea lttle something when the chance offered. PERSONAL. Mr. Elibu Burritt is instructing ¥ number of women In Sanscrit. Dr. McCosh has been writing up Prof. Huxley in the columns of the New York Horld- 1 Tt is safd that Mr. Daniel ‘Dougherty, the Phila- delphia lawyer, i3 800n to marry 2 young lsdy of St. Louis. Cardinal Antonelli isby far the wealthlest of | Catholic ecclesiastics, if mot the weall of Ttalinns. ‘Lord Lytton's fall overan Indian precipica 32 o trifiing affair. He fell fally 100 feet, and oolf escaped with hislife as if by s miracle. h Another of Commodofe Vanderbilt's physiciss® s died, this one being Dr. Hunt, aged about 30 years, 8 promising chemist and scholar.. Victor Hugo has made overths450 franca allowed him by the Society of Authors to the familles the men transported for having taken partinth® Commune. ' The age of bronze has arrived In ‘Philsdelpi The Times says: *‘If all the broaze medsis awarded Wednesday night were laidin a 1O¥s ot N