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RNENCTRE G e B s b i i b b e il s i R B R - The Sribawe. 1HE CHICAGO TRIBUNE . - TERMS OF BUBSCRIPT10) BY MAIL~IN ADVANCE—POSTAGE PREPAID AT TS OFFICK. €OpY, Der yew b e ot Clabof tweni) Postags prepaid. Bpecimen copfes sent free. “To prevent delay and mistakes, be aure and give Poste Offceaddress in full, tncluding State and Connty. Remittancen may beniade either by draft, expreay ‘Post-Oftice onder, or In regiatered letters, at our risk. i 7ERMS TO CITT SURACRIBEHA, " Dafty, deltvered, Snuday exeeried, 23 cents per week. Dally, deifvered, Sunday Included, ) centa per week Address THE TRIM!NE COMPANY, ., CornerMadison and Dearlorn-ste.. Chicago, It ;K'RIBVNE BUILDING DIRECTORY. Rooms. Occnipants, 3. CHARTETL OAK LIFE (Insurance Dep't.), 2. TO RENT, '3 GUBTIN & WALLACR. J. T. DALE. 4. DUEBER WATCIT-CASE MAN'F'G COMPANT. * 5, RONDINS & APPLETON. @, NEW YORK WATCH COMPANY. 7, TO RENT. ! £ WM. C. DOW. A.J BROWN. . ROBDINS. * 9. WRIGHT £ TYRIELL. 10. CHARTER OAK LIFE (Loan Dep't.). 21:12, FATRCHILD & BLACKMAN. 18. HENRY E. SEELYE. W, D. COOPER. . 24-13. JAMES MORGAN. R. W. BRIDGE. 10, CENTENNIAL FUBLISHING COMIANT. 17. M. D. HARDIN, 1819, 1. K. PEARSONS & CO. 20. HUTCHINSON 21 0. L. DAS & LUFF. 23, EDITOR- M. MANAUGING EDITOR. 25. ABSOCIATE EDITORS. 29, L. €. EARLE. 27. W. J. BARNEY & €O, 28, WILLIAM 29, H. F. XOR J. A, McELWAWNEY 30, REDPATH LYCEDM BUREAU. 21, COMMERCIAL EDITOR, *. W. W. DEXTEIL. 3. QEORGE L. THATCHER. 43, NIGUT EDIT 2, CITY EDITO Offices {n the Bullding to rent hy W. C. DOW. Twoom 8. T AMUSEMI New Chicngo Theatrr, Clark street, between Lake and [tandulph. Stmmons rest & Slocum's Minsirele, flaverly’'s Theantre, Raadoloh steeet, hetsween Ulark aud LaSalle. Fifth Avenue Compai e, Adetpl e Monron street, vorner Dearborn. Jlollin Toward's Putleique Troupe, ** Yeast Lynne.” Varfety perform: ance. Daly's I The MeVieker's ’P:lrulrr- 6 i son _strert, between Dearborn and Ktate, :fiifl.‘.‘;‘!:.m John McCullougi. **The Gludiator. Academy of Musle, Hlalsted streot, between Madison and Monroe. ety eutertalnnient. MeCormivk Hall. North Clark atreet, enrnerof Rinzle, Lecture by O, g, bowler, subjccti ** Meaus of Kuceess aid Ceuses of “stlures 1o Life,” va- MONDAY, JANUARY At the Now York Gold Exchango on Satur- day greenbacks were worth i@ ceuts on the dollar, The nomiuation of Mr. W, B. Axprnsoy by the Senato Independents need not alarm oany person beeansio of any danger of his election, His nominntion is A mere sham. The Democratic purty will never vole for him. Ifis candidacy means that he will keep the Senate Independents from voting for Loaax.pr any other Republican wntil such time a4 “a consolidated opposition tole can olect Parsisn or Davis. Axornso is a mero tail to the Patyrn kite, 13, 1877, “And now the Rev, Rovert Corryen hias been prencbing o sermon, which we print this moraing, on * Special Providences,” having more immediate reference to the Brooklyn and Ashtabula horrors, which Mr, Corryen most aptly ters * #pecial improvie donces.” 'The lessons he draws retluet rathe erore saverely upon theatve-builders and raflrond companics than wupon Providence— which is whero thin sermon differs matcrially from somo other eermnons that have Leen preached on the zawe subject. ‘8everal Republican membera of the Con- gresaional Committces sent to the South to inquire into the comluct of the elections in the disputed States have roturned to Wash. ington, It is reported of the Florida invy tigation that alwolutely nothing wus devel- oped which should cast u doubt upon the falr and Lonest clection of the Haves Electors {n that State, slthough it {s to be presumed that the Democratic mu- Jority of the Houso Committea will nttempt to make o contrary showing in order to lay the foundation for the programmo of re- Joction when the joint Convention wssembles, In reganl to Louisiuna, the statements of Mr. Cnavo, printed u few Quys nince, aro wholly confirmed by 3lr. Daxrorn, another Republicau wember of Mr. Monusos's Come. mittee, who has just returned, From his report of the manner in which that Commit- tee pursued its search for the right sort of teslimony, it {s more und ore evident that tho only fair and acenrate representations concerning the Louisinna clection will come from the majority report of the Senate Com. aittes und the minority report of the House Committoe. In exmmnining Sccrotary CuoaNneen fu his capacity as Chalruou of the Republican Na- tional Committee the Houso Committee ou Rights and Privilegos undertook a little In- quisition on the subject of Cabinet consulta- tions. But they found the Becretury of the Ioterfor nod the Chairmon of the Nutional Committeo two very different persons lo deal with as o witucss, Ho was traclable enough in all matters pertaining to Lis func- tions in the latter position, but when it cawo fo pumping out Cabinet scerets it proved to Lo dry work. What tho Nationil Comtuittee did through its Chainuun in sending dispatches 3o the Southern Statesat the time of nud sub- sequent to the clection—nud thiy is what the Housg investigators preteud to be working at—and what the Cubinct maoy have suid and dono {1 its private aud priv. ileged cousultations, ure sepurutu branches of inquiry which the Housa Committes may well despair of cowbining. As to the dispatches, the game is evidently to producs coples of bogus dispatchies purporting to be sigued by prominent Republicans, but which are nothing more than clever forgeries com. mitted with an expecial view to the investi- gation now in progress, ‘The Chicsgo produce markets were aclive Baturday, and most of them were strouger, Meus pork closed 2uo per brl higher, at 17.30@17.85 cosh aud $17.55 for Febru. ary. Lard closed 156 per 100 1bs bigler, at $10.92} cash sod $11.12§@11.15 for Feb- Fuary, MMeats wers ¢ per 1b Lighes, closing 8t 6lo for uew shoulders, boxed, sio for do short-riby, sud e for do short-clesrs, Highwines were quict, at .07 per gallon. Flour wus in moderste demand and frm. ‘Wheat closed tic bigher, ot %1.294 caski and $1.80§ for Febrnary. Corn closed jo higher, at 44c ensh and 44}e seller February. Oata closed {c higher, at 33jc cash and 83ic for Februnry, Ryoe wns steady, at T20. Barley closed 3c lower, at 61}c for eash or Febrnary and 62¢ for March. Hoge were 10G@15e per 100 1bs lower, at %6.10@6.50, Cattle wero stendy, at $2.75 Sheep were nominal, at £3.00@5. One hundred dollars in gold would bny £106.62) in greenbacks at the close. Thoe Cheap Transportation Association of New York, while protesting vigorously against the injury to the commerco of that city resulting from the *‘pence tariff " ar- ranged by the Eastern trunk railroad lines, baa turned its attention to another yuestion of vital importance—thnt of the enormous oxpenso attending the handling of tonnago after it hias been laid down by the railroads at their terminal depots. ‘This subject was brought befora the last annual meeting of tho Association in a paper read by Mr, TuEo- none F. Lers, its General Agent, and from theextracts whichare given in another colnmn it will be seen that the nnnual expenso of bandling and earting tho tonnage of Now York between the rmilwny depotssnd the wharves is stated at $26,000,000, on an esti- mated cost of 22 per ton, and more than the nverage gross enrnings of the trunk railroad liner. The Assacintion has devised a plan for connecting the railroads with the water front by means of the Belt Railroad, and it only remains for the Board of Aldermen to grant perraission tomove freight-carsthrough certain streets in order to remore this dam- aging tax upon the comnmerce of the city. The Produce Ixchange, Chamber of Com- merce, and Importers’ and Grocers' Boards have appointed a committee to urge tho mat. ter upon the raunicipal authorities, The possibility aud propriety of the resig- nation of Senator Fenay a3 President of the Senate and Acting Vice-President of the United States are being eanvassed in Wash. iogton. It unfortnuately happens that Mr. Feeny's term as Honator expires with the Torty-fourth Congress, so that, in the event of the failure of Congress to declare the clection of a President prior to the {th of March, necessitating the filling of the vn. caucy in the Exccutive ofiice by the Presi- dent of the Senate, Mr. Fenny could not act in that capacity, nud an interregnum would oceur, "o guard agninst this dangerous contingency, and to provent the possibility of leaving the ndfion without n head for oven n single hour, it is held that 1fr, Feenv's resignation would be necessary in order that the Senato might choose as its Tresident soms member who holds over to the next Congress; sud it is even hinted tlat to mako ull safe President Gravt may resigu on the 3d of March and give place to the then President of the Senate, who wonld hecome Presi ent of the Unifed States and continue such until another clection had been hield. All thesa speculations are based upon the posuibilily of a dead-lock between the Sepate nnd Honse up to the 4th of Mareh,—which Ileaven forbid, but it is perhaps just ns well to bo prepurad for it. THE HOPE FOR SOLVING THE PRESIDEN- TIAL CONTROVERSY. Tho most hopeful prospect for o peaceable and n satisfactory solution of the Presiden- tial problem that bns yet been presented s found in tho reported pgreoment betwoen threo Republicans and throe Democrats on the Senate Committee having the subject in chargo. 'The Committee consists of four Ttepublicans aud three Democrats; and when six men of opposing politics nud clashing interests cnn ngree npon s practical eompro- miso in & crisis jnvolving the highest ambi. tion of their two parties, it is pretiy snfe to ray that their plan will commend itself to the moderate and patriotic men of all purties, without regurd to the ndvautage it mny eventually give ecitlier pavty, Liut the char- ucter, position, and ability of the gentlemmen who nre veported ns being in accord, give additional assursuce of tho fairness of their plan. On the Republican sido are Senators Freuivonvysey, Epsusps, and CoskriNa, and on the Democratio side Senntors Turs. SAN, Bavann, and Ravnsosr,—all men entitled to thoe coufidenco aud respect of the two parlies they represent, Mr. ontoN alone is represented ns holding aloof from the agreemont; and, though it is not to he doubted that ho is actuated by conscientious motives, his influence will not prevail with the mass of tho Itepublican party us against his thres Republican collongies who ngreeto a plan for averting civil strife, Morcover, the outline of the agrecment &aid to have boenveached by these gentlemen couformi to tho best principles of justice and the conclusions that bave been reached by many aeblo awen who bhave dise cunsed tho situation In au jmpartial wuy, The bLunals of agreement is enid to be ns follows: (1) That the Dreskient of tho Seunte is not constitutionally vested with the absolute power for coun.ing the votes; (2) that the count shall be wmado in the Hall of the 1fouse of Represeutatives be- cansv of a Jong-established practico; (i) that the vote of uo State thall be rejected with. out the concurrent assent of the two Houses of Congress; and (4) that, if the two IHonses shall not bo uble to ngreo iu case of an objec. tion to the counting of auy State, then the dispute shull be referred for wrbitration ont. side of Congress. It will ba noticed that this plan requives mulual concessions in uearly an equal degree from both partics. On the side of the Republicans it requires the abandonuent of the cliim that the President of the Seuate Lans authority to count tho vole, which is in effect n claim that the vote must simply be aggregated us it §s returned, and not wnbjected to seru- tiny, Ontho part of the Demucrats it re- «uires the alundonment of the claim that the Iouso ulone has suthority to declure a non-election, aud then proceed to clicote a President. O the two extreme positions thut of the Republicuns is ceriainly more tennble, because thero is an jmplication in the Coustitution that the President of tho Benato shall count, uuless the Congreus agres upon somu other method, while there is no fwplication in the Constitution, no law, sud no sentiment of justice, that approve the Democratioposition. Of thetwo, then, theIte- publicavs will conceds the okt fu the plan yroposed, but nejther ean coreedo too much to avert the disastrous consequences of a failure to agree. It does not seem us yet to linve been de- termived what tribunal shall uct a3 the ref- erce of tinal decision, It was et fivat report- €d that, in case of an objection to the count. ingot & vole, nud when tho two Houses cannot coucur in the refection or the reten. tion, then tle vote in dispute is to be referred to the Supreme Court for final determination. Iiut there is also o vuuior that the plan is to seleet the four oldest members of the Supreme Court, who would Lo Justices CrLirrozp and Davis juclinivg to the Democrats, and Justicas Swayse and Murxz iuclivivg to the Republicans, and R L associate with them nino members of Con. gress; the plan for selecting the Congroas. men for the Commission is siated to bo taking five Demoerats and five Republicans and drwing ono by lot to drop ont, which would give the advautage to one party or the other. This procedare is not to be commended. ' If it {a thought de- sirable to have Congress ropresented in the Bonrd of Arbitration, then both porties shonld be equally represented, and the odd uumber, if it is regarded na essential to have an odd number, ghould he 8 member of the Bupremo Court. This conld be secured by taking the entiro Bupremea Court and ssso- ciating with it ten members of Congress, five from ench party, who would then see that the case waa fairly presented for both sides. It should also ba provided in any auch plan of compromiao that the teatimony now heing taken in Louisiana by both Senata and Houso Committees shonld form the basis of evi~ dence before tho Board of Arbitration, be- causo there will not be time to go over the whole ground again, and tho testimony that will have beon taken converns the point at issue. In case the two Houses caunot concur in the rejection of the vote of Louisi- ann, the question for the Bonard of Arhitra. tion to decide is whether the frauds and fu- timidation in that State justified the Return- ing Board under the Iaw in throwing out the precinets they rejected, or whethor the Board abumsed its powers for partisan and cormpt purposes, and vejected votes that ought to kave been counted. The testimony before the Congressional Committees will furnish the fullest evidence on which to de. termine this, If it be a fact that the six Henntors named have agreed upon the plan that hns been ontlined nbove, we are of the opinion tlat neither party in either Honse will be war. ranted in opposing it. We do not helieve that the Republican majority in the Sennte nor the Democratic majority in the House will Le nblo to resist tho populnr pressure that will bo brought to benr upon hoth 1Touses and both parties to adopt this plan. 1t ia tho only one that offers a satisfactory solution of the present tronbles escept that heretofore suggested by Tne Trinuse, viz The holding of a new election this winter in Touisinua under the supervision of Commit- tees of both pnrtics. TLouisinoa is the ouly State in dispute, and an as. certoinment of the nctusl majority in Louisiana under a freo and fair election would settlo the dispute beyond any ques. tion, But for this a compromise s justas necessnry as for the suggestion of the Sonnto Committee, aud perhaps the latter hics the ndvaatage of a possible scttlement by Con- gress itselt, Atall events, tho plau we have deseribed is so fuiranil k0 conformable to law that, in the absence of the Louisiana new election taking any definite shape, it should be ngreed upon; and all men who have n proper dread of the horrors of civil strife, and an intelligent apprehonsion of the con- wequences of continuing this ugly dispute, will uot hesitate to indorse it. TRUMBOULL'S RESOLUTIONS, We print a lettor from Gen, Fannswonrm in reply to a criticism by Tue Trisuxe upon that resolution of the Springficld Convention which aflirmed that the Twenty-sccond Joint Rule, proposed by Mr. ‘Inumsvry in 1863, was n mcere embodiment of the constitutional right of vithor ITouse of Congress to rcjoct the vote of any Stale for President. 'Tuz TuoNe snid ¢ 1t, In the absenca of any rule or law, It requires the concurrence of buth Honsen of Congress to re celve and count the vote of auy State for Presldent; 1 this b the Inherent, constitntional prerogative of elther House, and that tae Electorsl vote ofa $tate s cast subordluate to the right and power of cither lfoune to reject 1t then why did Mr. Torne Bres in 1805 find it necessary for tho first time (n tho histary of the natlon to frame a rule having tho force of Iaw, to sceure to cach House a power which it powsessed Independently of such rale? With all respect to Gen, Fanxswonyn, wo suggest (it Jio fuils to answer tho question, His sojourn in tho Demoerntic party lhas beon too recent and too brief to cuable him 10 brazen out the proposition that whatever is ensentind to elect Tirony must necenserily be constitutional, Wo do not question the asgertion that tho two Iouxes have no power to canfer ou themselves an anthority denied them by tho Constitution. The Constitu- tion, however, commnands that the * votes shall then Lo counted.” and, in tho uncer- tainty whether this counting shall Lo done Ly the President of the Senate, Congress hiny the power to divect by law how and by whomn this commnand of (ho Constitution shall be executed. Whatever the power over this nubject of counting the vote that exists in thoe two ITouses, exists in Congress, and not In any one Honse of Congress, Fach House of Congress has tho power to make rules for the goverument of ils own pro. ceedings; this {3 w right inkerent to cach logislative body, even if not expressly granted by the Constitution, "Theso rules havo the forco of Inw; no other branch of Congress can violate them. 'The two Houses of Con. grons have, necessarily, the power to make joint rules governing all procecdings luvolviug business between the two Houses, aud all busivews requiring the nssont of bLoth Housew, Thess rules, being essentially for the government of the pro. ceedings of the two Honses, have the force of law, so long as they exist. 'The Constitu. tion gives to the two Houses of Congress the power Lo determine the rules of their pro. cuvedings, and rules made under that power have, for tho time being, the forco of law, though not cnucted in the form of legislo- tion. The Constitution déclares that all legisln. tive power is “ vested in a Congress of thoe United Btates, which shall cousist of n Senate aud House of Reprosentatives,” This Con. gress I8 autborized to pass laws, and, neces. sarily, each Houso has the pawerto deter. miue the rules of its own proccedings. and the tio Houses the power to determine the rules of their joint proceedings. The power to pass laws is not derived from the rules, bat the power to make yules governing the proceedings s devived from the Constitution 53 dircetly s is the power to pass laws, The two llouses of Cougress may pras laws with- out rules, but, fu the sbsence of any rule or law, will Gen. Fansswontit claim that ono House can pass n law, or do uny other act which fs committed oqually by the Con- stitution to both Houses? In 'Ieussury’s joint rule authoriziug cither House to object to connting the votu of uny State, tho assent sud concurronce of botli Ifouses was given by the concurrcnt adoption of that rule. ‘What was done or authorized under that rule was done and nuthorized by both Houses of Cougress. ‘The assent and npproval of both Houses wero given in adrance to the action of oither House, Congress, by the Consti- tution, is exclusively anthorizsd to admit vow States; yet Congress, by law, intho cases of Missouri, Nebraska, Nevadas, Colorado, oud perlups other States, dclegated to tho President the power, igcertaincobtingencies, todeclare by proclamstion that such States were adwitted into the Uniou. ‘T'he action of the President beoamo the astion of Con- gross. Bo, whatever wna done under the Twenty-second Joint Rule was done by the express warrant and “consent, formally and Fpecifically given by both Honsos of Cone gress in their conenrrent resolution, Gen. Farsswortn faila to recognize the distine. tion between one Honse of ita own motion exercising o power confided to the two Houses, and ono House exercising that same joint power by the consent and direction of both Houses, The command that ** the voles shall then be counted,” if addressed to Congress, is of necessity addrossed to both Houses, and not to cither exclusively. Each State is anthor- ized to nppoint Electors of President nnd Vice-Presidont in such manner as the Legise Iature of snch BState shall direct, Each Stato is entitled to have the votes of the Flectors thus appointed connted. If the votes are to bo counted by the two Houses of Congress, where does any one Honse ob- tain its power to dotermine that the vote of nny Stato shall not be counted? Where is that power given to such House? If both Houses ngree, nnd so direct, they may have the voto counted, and determinod by any officer or committeo designated for that purpose; in which case, the counting being performed by the direction of the two Iouses, it will be their joint act; hut can ona Ifouse, swithout the au. thority or nssent of the other, act for both Houses in an offlelnl duty required to be performed by both? *!Congress,” or the ““Senate and House of Representatives,” or the ‘“two Houses of Congress," can- not bo fortured or perverted to mean either Ifouse, Whatever is required of Congress, or of tho Henate and House of Representatives, or of the two Iouses, must be performed, and ean only Lo performed, by the joint aud oon- current action of both Houses, or under their concnrrent. direction and suthority. Gen. Farsawortit rays that the Constitution givey to each Monge the right to make its own. rules of proceedings, nnd asks, ** Is it not ab. surd to auppose that they can, by = rule which they make themselves, seize and exer- cise powers which they do not possess by virtue of the Constitution?” We do think it absnrd to supposo that tho Iouse of Repro- sentatives can make a rulo for itself, and, un- der that rule, to the exclusion of the Senato, seizo and exercise the power to count the Electoral vote, and to roject the voles of States, and declaro there has beon no clection, when it porscsses no such power under the Constitntion, expressed or im- plicd. It the two Houses of Congress havo any power over tho counting of the votes for President, that power in vested in * Con- gress” or in *‘tho Senate and Houss of Rop- resontatives,” and neither House can exer- ciso that power to the exclusion of tho othor, any more then it can pass a law making an appropristion to build a Custom-Ilouse, ‘Ihat the Twenty-second Rulo was adopted in the nanner stated, we have no doubt; it was ndopted because, in the absence of rulo or law to that cffect, noithor IHouss could by its own objection causo the exclusionof the vote of any State, In tho history of the country up to tunt time, tho voto of no Stato had ever baon rojected ; and it was bocause there wag no such power in either House separately that that rule was then framed and adopted, that oither Houso, acting under the authority of both Housos, might do that which it could not do of ilself. SOME OBSTACLES IN THE WAY OF DE- MOCRACY, Tho statement of a prominent Domoeratic Senator, which was printed in our Inst issuo, in which lio discusses the disadvantages that may occur to either party that wine in the P'rosidential contest, lina its ridionlous and it serlous sides, Snys this Demoeratic Sen. ator: *There aro many other rensons why it would embarrass our party to get control of tho Government at this time, Tho distribu. tion of officinl patronage would be a serious sonrco of weakuess,” When in the history of thia country has the distribution of pat- ronoge over embarrassed the Democracy ? What Democrat, from the lowest ward-bum. mer up to tha candidate for Congress or the Presidency, bns over beon embarrassed in tho distributing or accepting of offico? The ocenpation of office is the only mission that 8 Democrat hag in this world, from the time thut he crosses the Atlantic and lands in New York, uutl lLe gets it T'o speak of it as embarrassing is too absurd and laughable, 'Y'here is, howover, n serious side tothis statement, in the concession made Ly this Beuntor that the old Whigs of the Bouth wmay probably break with TiLnex it ho iu clected President., This is in accord. nuco with what s been sot forth frequently in Tur'Tamnuse. Thers is no doubt that the old Whig voto affords a basis of Demo. eratio division in the South, and only needs o motive to st its powor inoperation, ‘That motive it will have when it can gain control of tho Houthern States by forming a coali. Hon with the negroes aguinst the fire-enting closs, It is n stronger clement of power than most peoplo imagine. A correspoudeut of the Now York Z%imes, annlyzing the vote of 1460, shows that the vote of Newr was alwost outirely the old Whig vote of the South, In that clection Dovaras re- ceived 156, votes in the Sonthery Ktates ; Breckismipoy, 521,052; and Beun, 470,319, Of courace, in tho interval of sixteen years since that time, many of theso BeLr, voters have prused away, but it is evident thatthero must now he 200,000 or 00,000 at least, which {s sufficient to form the busis of n wost powerful party in the South, The probubility that the motive may be furnish. «d for adivision 13 already apparent from the fact that it has beon discussed, and that, when the Northern Democrnts commenced recently to bowl fur war, thoy very nearly precipitated it. ‘The moderate Houthern men are only wuiting thelr opportunity, ‘Thoy will find it if' Lok is counted fn by tho illegelity of throwing out Htates, ‘They will find it if Mr. Haves is inaugne rated, sinco that Inauguration will set tho Northern Copperheads and Southern fire. caters on the rampage. ‘Ihere is an addi. tional point which the Democratic Senator does not consider, The vast msjority of the blacks in the South are ready and will. fug to nct with such part of tho whites as sympathizo with the Republican party or its principles. When the coalition takes place in the Houth, future election contests will changoe in their character. It will no longer be a strugglo of white Democrats sguinst white Whizs, as of old, but of white Whigs and Republica: blacky ogninst the firc-eaters, 'Thers' will be o wmaterial differouco in the power and in- flueuce of the coalition, snd in the nuwm. ber of votes which it will cast. "This Democratic Benstor is uudonbtedly correct in Lis statement: **Just a3 soon as the coun. try is relioved from the rale of men [tho curpet-baggers] whom the people of the Bouth bave come to regard as ivdwical to MONDAY, JANUARY 15, 1877, their intereats, this old Whig element will assert itself, It is especinlly strong in Vir. ginia, North Carolina, Tenncasee, Georgia, and Louisiana, and it has accepted the name of Democracy aince the War with constant meutal reservations, I helieve it wonld bo found in open opposition to Mr, TiLprs's Administration befora he had heen two yesrs in office.” Upon this basisn ho hns nmple renson to apprehend brenkers aliead in case Mr, TiLneN is inaugurated. Ho might, how- over, with perfect safety, dismira the appre- liension that a Democratic Administration would be embarrassed in the distribution of patronage. It would enter upon this work with the most cheerful alacrity, and it would find office-seekers at overy four corners, among those already arrived, and ship-londa moro of Democrats on the way with the same object in view. NATIONAL-BANK TAXES, A good many peoplo atill cling to the no- tion that the National Bauks of this country aro monopolies of the most profitable kind, and that they are, thercfore, proper subjects for oxtortionnte tazation. If these peoplo would take the troublo to study the statistics of the National Banking business fir the past yenr they might quickly undeceive themselvcs, and they might also foresee the danger of crippling the National Banks to such an extent as to seriously impede the re- cuperation of businesa enterprise, The Iatest official accounts show that seventy-ono National Banks have gone into voluntary liquidation wi hin the past two years; that is, without any serious losses or actunl neces- sity for closing their doors, that number of DLauks discovered that they were not making intereat on the capital invested, and preferred to retiro from business, This is about one-hnlf tho number that surren. dered their chartors during the previous ten years, The same siatistics show also that the losses of the National Banks during the year ending Sept. 1, 1876, were nearly $20,000,000, or £ per cent of all their loans ; thia merely represcnts tho losses that are be- yond recovery nud have boen marked off the books. The popular error that thero is a vast and reliable profit on circulation is sufll- ciontly answered by the fact that in the first ten months of the pnst year the National Banks voluntarily surrendered $51,621,678 of their currency, and niany would not keep any ciroulating notes if it wore not necessary to rotain their charters, As to profits, the averago dividends of oll the National Banks during tho year were less than 7 per cent,— or less than can be currently earned by eapi- tal in any other investinent, The tvouble is simply that the Nationnl Bauks nro overfaxed. They cannot bear up under the burden. Tho United Biates tax is levied on circulation, eapital, and deposits, and amounts on an averago to 1} per cont on cenpitnl and surplus, in wome cases muning up 08 high s 3 per cent. Tho banks poy on money deposited with them, whether it is in uso ornot. 'Tho Btato taxes vary all tho way from 1} to G per cent on the capital, aud average more than 2 per cent, and the great irregularity of the tax {n different parts of tho country renders their business par- ticularly bazardous, Tho relie? they are en- titled to is (1) taxation Ly the States nud municipalities on the same bnsis ws other property, and (2) n releaso from tho excess- ivo Clovernwment taxation put on them in War timoes, which could only bo sustained in timo of tho liveliest speculation. As it is now, tho ratio for local taxation may be at one-third the actual velno of property, but tho banks have to pay on their full showing, and their statements are so complate that they ean never avold any sharo of it. The National Bunks loou about a thopsand mill- ions yenarly, and are the chicf,agency for the exchange of money according to tho demandy of business; if they are so taxed ns to ren. der their business less profitable than if their capital were othorwise invested, tho ultimato offect will be to incrense the rates of interest they charge, so that tho commercial business of the country is equally intorested in secur- ing for them tho fair treatment thoy nslk. A REVOLUTIONARY PROJECT, The conspiracy formed by the extremo Democrats to have the Iouse of Represent- atives nssumo tho eutire control of tho Presidential question has found an ndvocate in the Bt. Louis Republican ns well as the Chicago Z%mes, though the formner's project isn littlo moro outrageous, if possible, than tho latter’s. ‘Tho Chicago Z'tmey hiny insisted that tho Iouso shall first declare that thero Llias boen a failure to elect by refusing to ne- quiesce in the count of Loulsiana, nnd then proceed to the election of My, TiLpeN by a voto of tho 8tale delegalions, leaving the Sennto to clect tho Vice-President. But the Republican doesu't euvo to nssume tho small- eut semblance of constitutional procceding. It simply says that Tmoeny and Hes- vnrickd are clected, and asks: “Will auybody dure to realst their funuguration " It wsays that it §4 the duty of the House of Representatives * to proceod, not violently and rashly, but deliberately aud rosolutely, to execnte tho supreme mandate declared by the majority on election-day,— without stopping to ssk whether President Grant or Mr, Fenux or the Senate will per- mit thew or not.” This is certainly the most exnggerated ex- pression of treason that has yet been given ufterance by any newspaper of pretension. Here is ou outspoken and undisguised pref. erenco for trampling on the Constitution and ignoring all laws to set up o fortuitous Dem- ocvatio majority in the Houss of Lepresent- atives 84 a cabal, whose dictam mnust be sub- mitted to, though it i+ withouteven the color of authority. The House is told to declare the election of ‘Tives and Hespuicks, * whetllér the Henate will permit them or unot,” ond we presume the lepublican approves Mr, Warreasox's plan of having 100,000 Democrats on hand to keo that the treasonable mandate of the Iouse cabal uhall Lo carried out. We think that, if the old fillos of the Lepubdican were Bearched, it would be found that about the year 1851 there wero similar treasonnble nssertions in that news- poper, 'fhe editor of the Hepullican hus probably not given this advico without ap- preciating tho results that would follow its udoption. Ho probably knows that the House of Reprosentatives las no right, un- der the Constitution and laws, to declars of its own motion that Tuoes and Hesveicks have been elected, and to enforco such a mandate, He probably kuows that, if the Ilouss should attempt to go outside of the Constitution aud laws, aud wssume powers not vested in it cithor its effort would be still.born and in. operativo, or & further effort to enforce it would be another rebellion sgaiust the Goy- ernment which the people of this country woull have to put down or sacrifice the Re- public. Kuowiug theio thiugs, us he ust, Le virtually declares in favor of ¢ivil war and suggests the provocation sure to bring it about. ‘Woe are not yet willing to believe that ex. treme newspapors, like the Chicago Times and 8t. Louis Repubdlican, which are in favor of ignoring all law, represent any large por- tion of the Democratic party of the conntry, nor that their position will reccive the ap- proval of the thinking men in that party who still have a hope for Republican Govern- ment and too much at stake to risk civil war by a deliberato overriding of the Constitu- tion and lnws, —— e The Journal's Springfleld correspondent snys: “With the full Ropublican vots, it will take only two or three more to eclect Looax; but if members of his own party de- acrtand botray him, it will be absurd to ex. pect that he cnn command nssistanco else- whore.” There is n misatatement and also a wisconeoption in this five-lino sentence, With *the full Republican vote " Gen. Lo- oaN will recoive exactly ninety-nine vates and no more, for that number embraces every member elected on Republican tickets. 1t requires & majority of 204, which'ia 103, to elect him. Hence ho s short not two or three, but four, votes, alter gotting *the full Republican vote.” We presuma horeck- oned BornLen's vote, but Buenren was elect- ed ns an Independent. Four outside votes must therefore be had to elect any Re. publican to tho Senate, Heveral Ropublic. ans absented themselves from the party eau- cus for the express purpose of not being bound to stick to LooaN until he, or 8 Demoernt, or some one who would nct with the Democrats, should bo elected. If those members who staid out decline to sink or swim with Looax, it cannot bo truth- fully said that they either ** deserted or be- trayed” him, To descrt js first to joina standard and then quit it without permis- "sion; to botray is to deliver into the hands of any enemy treacherously or faithlessly. For example, if any of those who went into the caucus and pledged themselves to stick to Loaax should, when the day for ballot. ing comes, be abseut withont good nad suffi- cient renson,—that is, Intentionally absent, —they could fnirly nnd justly bo called de- serters, Again, if any of those who volun- tarily entored the caucus and ngreed to sup- port Looax until he was defeated, or elected, or they relensed from their pledge to him, should vote for PALMER or ANDERSON, thoy wonld thoreby betrny their pledge and the faith reposed in thom, and wonld be trai- tors to King Cauens. But thoso who liavaleft themselves freo to nct for the best good of the Ropublican party, and have given no pledges and not bonnd themselves by caueus tranunels, eannot bo called oither * desert- ers” from the caucus nomiuee, or *‘troi- tors " to its cholco; nor are they censurable in any respect, unless their action results in the clection of some person who will act agaiust the Republican party, nnd it can be sliown that their votes for Loaan would have elocted him, Very fow Republican Conven- tions passed resolutions instructing their nominees to the (iencral Assembly for any particular candidate for Scnator. In thin county wo think no instructions were passed in any district, 'The chief ren- son was, the desire on the part of the con- stituencies to leave their Representatives freo to exerciso thoir Lest judgment, and to vote for the most available Republican can- didate, becnuse it was forcscen befors tho clection that tho political complexion of the Logislature would be close and doubtful, It is undoubledly true, however, that a very large part of the Republicans expeoted that Gon, Loaax would bo returned to the Sonate if tho Republicavs secured a majority of the General Assembly ; but this is exactly what they have failed to nccomplish, and there- foro their Itepresontatives must mnke the best of tho situation, and savo the Senatorial sent if possible, On Suturday last, beforo tho Senato Sub- Committeo ongaged in investigating West Foliciana Parish, Jaxes Monoan, a Unitod States Supervisor at a poll, testified that Le saw colored men compelled to voto the Demo- cratic ticket. The Commissionor at the Court-House poll in Franclsville testified that names of colored men voting the Repub- Lican ticket wero taken down, and they wera notifled they wonld Do visited in & night or two, nud, on his remoustrating, he was also threatoned. Another wittess swore that ho had heen forced to resign as a police juror, that his brother-in-law was Lilled, and that hie Mmself was forced to abandon his home and leavo the parish, These are samplesof the statemonts that .are wmade overy day be- fore theso committees fu Loulsinnn, and yot the clection in that Htate was perfoetly fair uud free, nccording to Democratic testimony | A QUEBIION ANBWERED. Tu the Kditor nf The Tribune, Citieavo, Jun, Constltution provides (Twelfth Amenidment): ** The person having the greatest number of vutes for President shall b Trewident if wuch nuber ho u - niaj Wwholu number of Electoreuppolul sont have pucl muority, then " —tie choowe, Now, every Elector, both real or bosus, Tan voted Tor elther iAVEw o TILDEN for President, —that i, thereare only two candldstes, How, thorefore (except 8 the vt occurs, which s not contemplated), 1u s possiblo tor the election to be thrown 1nto the House? One man or the othur muet recolve w majorlty. No umtter who or what body or bdics settle ihe question of what Elector oe Elvctors lave been appoiuted, the case remylus the xame, and the House of Repreeentatives wifl dud 16 tmpowstble, without nrrant staltineation, 10 sy, when anly two kinds of votes are befors then, thut nel of the candldates has a majority (tie, of e, excepted), 17 thid Lo 1ol wo, pleass en- Thehien me, LA LY.~0ur correspandent seeins to have to- rlooked the Democratle side of the con Tae leaders of that party {u this B.teand where Hresolve” amd cladin that the House of Representatives has the rlght to 2o behind the fuve of the returns und throw out the Blectoral vty of uny State to which they may ralse objections. We wonld call his atten- tloi to the followlng dfpateh, which embodics the position being rapldly Iaken by the whole aggresstve leadership of tha TILpEN party, from 11LDES hboself down to the Chicugo nlidozer : Wariisarox, b. ho House Coms witiee on the' Priv uud Duties of thy Houws of Keprescn cuunting thy Electoral vate held n long sestion to-nlgll, and ilnwhed (hele reportun that subject, ‘helr'con- ciumon are: L3t the power to eonnt Electors) votes s not by o Cuustitutiun upen e Preaident of e owrr (4 conferred by the Constity- d Hinuse uf iteprescnlal. vs wer fu count inifVes is #t proposition o few times, until he fully compre- hends ity incamng und effect, and then let him 1 apply it at the meeting of the two Houses on the 15th of February to w3 the count, When Flurlda 13 celled, which the Republicans have carrivd by a swall majorkly, lHewitr or Ran- pALL will Jump up, aud, on behalf of the Con- tederate majority of the House elected In 1874, yell out that hu objects to counting lier vote! When Oregon §s called, a Republican Stute, an- other objection will beinterposed ; when Repub- liean Colorwio f3 called, another ubjection widl Lo made; when Repuplivan South Carollua is valled, RaNDaLL will ugain object ; when Loudst- suw I called, Hewnt will bounce up oud howl out that Lo objecta, Doea not our carrespondent percelve that, I the assent of the Houso &5 necessary to the countiug of the Electoral votes returued by the lawful authorities of upy State, no uudidate can re- celve o majority of the Eiectoral College, and, by rewson of that fullure (purposely caused by the action uf the Houre), the House will clalm | Whitze: the right under the Constitution to procecq to clect a President, and of course will elect Ty, nEx! The Democrats carrled a'majority of 1he Congressmen at the old clectlon In 1874 In e nols, Ollo, Oregan, Pennsylvania, and Caltfop. nia, which all voled for 1ATEs Tast Novemler, and, by using the power then obtained, they cyy misuse the authority of these [Iaves States o run in TiLLEN, whotn those States last fal me phatleally rejueted and repudlated, That fs the little game now on foot. - t— . «The Bpringileld Register savagely nbuses Tne ‘TRINUXE for reminding the public that ity par- tisan pets, TrumnoLL, MAnsitavLL, and Ronyx. 80N, are salary-grabbers,—that they grabheg back pay as well as forward pay, and Kept the ill-gotten greenbacks.” The Register asserts that Jous A. LooaN fs als 4 salary-grabber, and kept the money, nud g wants 1o know why Tt TRINUNE hasuot cafleq attentlon to the fact. DBecause, azcording to Punntars’ paper, King Caucus wonld object o #0 dolng, Tus TrisuNe fa n honor boung, PuinLIrs asscverntes, to conceal the fact, orto defend It, justify ordellttle it, and to pitch nto any Republican member of the Genernl Ay sembly who says a word against that. shamefy) act. The Jeegister knows ltself ‘how Tny TIMBUNE Is placed. 7t dovs not open its heag against the salury-grabbiog of its ** Reformers, TRUNDCLL, RONINSON, and MARSHALL; but, g the Printaes caucus has not forbidden Tyg TrIBUNE to fire Into the - Democratic salary. grabbers, it has doue 80, and may continge dolvg 8o, unless the Spriugfield Dulidozer of the eaucus forbids it, . e Ex-Gov. PALuen iy the Democratic and Tnde. rnndcm. nomince for United Stutes Senator o Ilinots. A better cholce could not-havo bery made, OGen, PALYER Is recognized asn fale, fear. Jess, snd able atstesmanand patriot, and o bold champlun of popular rights. —St, Louls Zepublican, By “champlon of popular rights” we stip- pose the Repudlican neans that he s a streny. ous and fanatical advocate of ‘the pestilent dactrine of State Soverelgnty,which necessarily carries with it the right of secession, for *suy. ereign powers™ are independent of other powers, and the Constitutlon becomes merely a treaty between soverign States and the Nationa! (lovernmeut, a leagne between State Govern. ments, which inay be revoked or disreganlul aceording to the soverclzn will of the Independ. ent power called a State. This fa Mr. PaLMER's tavorite politienl doginn, Democrats may coz sider him tho cmbodiment of thelr peculfar ideas, but he cannot he 8o regarded by any mon holding to the republican theory of our Cor. ernment, X e — . ‘Times change, and men’s opinlons with them, Sixteen years ago Mr. Lawnesce M. Keirr, addressing a public meeting in Charleston, N, C.y sald: *Let me tell you, there are n millfon of Democrats in the North, who, when tbe Black Republivans attempt to march upon ke South, will be found a wall of fire fn the front,” Mr. Kz17r made this assertion -upon the assur- ances of these same Northern Democrats i are now bowling for “wah® and *goal," but that was sixtcen years ago. Now these sawe Democrats are howling, but no one {a the South has anything to say about & Northern Demo- cratic wall of firo In front. On the otber hand, they are reminding these Frniosos of the cons servativo fufluence of fiftcen-inch shells with fuses In process of combustion,’ ——— The New York Sun calls attentlon to some of Commodore VANDERBILT'S inixims which con. tafu the sceret of his succese, To vne young man about to commerice his carcer ns a Wall strect broker he sald: * Sonny, dou't never scll what you haven't ggot;” to anothier, “fiay, don't never put it into any man's power to rufy you;" and tu a third, “Doun’t never buy what you can't pay for. The old Commodore's grammar fs not very sound, but his sense miglt be followed with profit on our own Board of Trade, and by multitudes of young men just commencing business life. —— The Repoblicans never fight except when ft s necesnary to cover fraud and Infawy,—Codrlers Journul, The Republicans fought from 1801 to 1865, Was It for the purpose of coverlog fraud and Infamy? Wagit “frand” to fight Secessfonlstsi’ Was it “fufanous’ to eave the Unlonl The managers of the C.oJ, lild the aflirmative of those questions thirteen years ago, but we hal supposed they had changed thelr views and be- come “reconstructed " on the Rebellion business It scems not, ————— PERBONAL, A correrpondent I Informed {hat Mr, Whipple's review of ** Daniel Deronda™ can bo fonnd Ju the last nomber of the Norfth American Recleie. The Natlon suys Jr. lenry James® story, **The Amerlcan,"' Is **by far the moat {mportunt con- tributlon to Amerlcan fiction made for a long time."" The Burlington Hawkeye saye that Miss Anoa Dickluson, having coplo of new plays to writ Jast Mondny night for her appearancy the followlng day, did not get 10 bed untl nearly f'oclock, Edward K, Hart, n vepbew of Senator sorton, committed sulcide at Washington last weck, Ite had been a clerk In tho Fost:Oftice for 1wo or thire years, and bad been excesulvely addleted to drink- ing. ‘Thio caat of Mr. Daly's new play, **Lemona," to be produced at his theatre In New York to-night, Includes in the cast. Mesers, Cugllan, Crisp, Drougham, Lewle, and lsrdenberg, Mesdsmed Davenport, kigl, Cowell, and Glibert, There was pardoned from-the Indlana State Prison at JeMersonville Jaxt week ** Buck* Mc- Kinney, who had been u_prisoner for nincteca years and soven montha, 1le was o schoolmate of Gov. Hendrleks, and the Jast officlal act of the late ter waa tho granting of the pardop.’ s crime was th shooting at one man and the killing of another, Capt, Duncan, of the good ship Quaker City, which carrfed **‘The Inuocent Abrond," asys he always admired Mark Twuln until he wos proved to be unrellable, ‘Tno Captaln has been Jeeturing on the wubject fu New York, snd not makinga sac- cess, Nothing could be more detlelous then ice stolid eriticlung of the volatile author of ** Junu- cents Abroad, " . John Rigelow putled Bryant's ** History of the Unite States’ at the expense of Bancroft's, The Graphic aptly suys of the comparative fmportance of the two warke: **Fifty years, aud only ten vol- umen to show for it 1 he [Mr. Baneroft] bad cnly hircd u half-dozen iterary backs to do thy work for him, he might have dnlsted the whols thlug In two years and made noth ng of i1," Tlerbert Spencer's publishers alarmed his friends by tseufng his recent volume—the first of ** Princle plen of Buclology "—In sn Incomplete state, with & notlce to the eTuct that Mr, Spences’s health for- Dids hiw supplylng the two or three becosmary pse pere. The Lruth sppeard Lo be that AMlr, Spencet le ounly delicate, not in hamediute danger, Ife lv well enough to be out, and has been seen within 8 fortnight at o reception. The movement fn tho direction of cheaper prices at the New York thealres conlinucs. Mr, Daly's extra company, which haw been playing st 60 cents for reserved seats fn tho Grand Opera-House, fnds a worthy Imitator at the Park, where the members of the Union-Square Company not in the cast o) **Miss Multon" are sbortly to sppesr in **Th Marole Heert." Mr, Thorne lato pereonate Kaphas for the firet time in New York, LOTEL ARKIVALY. Tremont Hovse—The Hon. J. B. Davly Har ford; A, 4. Frout, Boston; J. W, Sherer,” Phils delphia; the Hon. Thomas Mitchell, San Francls c0; A. . Lewls, Cleveland; J, . Andrews, Win he Hon. E, B. Anderson, Washington; Uen 0. if. Swith, New Orleans; the Hon. R. ters, Minucsuta: Heury Milligan, New Y Grand Pacifio—T. Axworthy and W, J. M Llew i Ell“h Smiil, Bowton W Burlivgton: H. M. Birieby, New Yor n, Ciaclunutl or, Phltadelplis; adious . ¥: Bates, 8 Deuver; the Uoa, . Muson, Debcolt; Gen, K. Bomas J. Marsten, Jr. St. Lultimore; 3. Willard, Shersian Hou Sailth? upos £, F. Allen, 8t. Louts; Pbils- ‘Gsourg, Minneapolls; M. As ) zis, New York; p::;i- Kiatossaely, Bindw B Joba Megulloughy ludepeudsuce; Thonms Seud-- pangh, Rock Ialand. 3 s, 5 Louls; E. L. Bwmith, Leswen, Quiucy. Hosas, Callfornia ule; G, €. HI Worcywter, Mass.