Chicago Daily Tribune Newspaper, January 20, 1877, Page 6

Jos - uniCEGU TIRIBUNE Y Ty { What Is Thought of It in s Chicago. _Hentiments of Bankers, Law- ~ors, and Business Men. ! An Almost Universal Indorse- i ' ment of the Scheme. i Bince.Tt Ts Belioved that Tt Will " Stimulate Business and Re- store Pence, (Tho Existing Depression in Trade, Ele., : Largely Due to the Present Lacertainty. ‘The Defeat of the Compromise Woutd Intensify the Pres= ) ent Distress. And Wonld Seriously Injure tho Politi- cal Party Responsible for the Rejectivn, These Feclings Are Sharcd by Democerats and Republic- ' ans Altke. The " Staats-Zeitung " Oasta Ita Influenco in Favor of the CUommittce's Roport. ¥or the purposc of nscertaininz as nearly as possible the drift of public scntiment in this city regarding the compromlse plan submitted to both Mouses of Congress by the Commnittee of Fourteen, TRIBUNE rcporters yesterday called upon a targe nunber of baukers, lawyers, Board of ‘Trade men, merchants, ete,, and dise cussed with them the subject under con- siderntion. The opinions of muny of those intervlewed will DLe found below. Bome who were scen were wnwilling. to be [nterviewed, sinco they disliked the publi- cation of thefr names. Thelr vlews, however, cofnelded with those of the persons who had nol the same objections to publivity,—ail were (n favor of the plan, and helieved that Its adoption would result in the revivitleation of business, and would put an end to the paralysis which &t present wehehs down all branches of trade, comneree, and Indnstry, TITE BANKERS. WIAT THE FINANCIZES 3AT, Tecognizing the fact thut capital fs alw timid and conservative whenever political e plications oasune unwouted propottiug I'RIBUNE reporter paid a visit to the lurge ban! Jug institutions yesterdny afternoun, to ascer- taln how the tinancial themometer stoud as the vesult of the proposed comprumise on the Prealdentlal imbroglio. The news-uatherer first called upon Mr. Sol A. Smith, President of the JMerchants' Loan & Teust Company. Mr. Smith, [ want your views on the pro- - -d plan for eettling the Vrealdentlal dil- ity “1 Laye not read it carefully. All that the A want I to have it settled bonestly, and that Congreas must du.” “Do you think the plan for thesolatlon of the question could be fmproved ™ 1t is probably as good o plan as hias been suzgested, or as any that might be” “ What result would be entailed on the party that sssumes tho responsibility of refecting the proposcd compromisel” “In my judgment any political party opposed to an amicablo settiement will be defeated ut the nest election.” + * How will the channels of trade be affected by the acceptance of the plani % Any satlefactory scttlement of the affalr Wil Luve a good effect on the general husfness interests of the community, "The uncertalnty which bas existed for the past two moenthas has mdered eap.tal exceedlngly timld, Many Hnonclal negutiutions were cotnpletely knockied fu the head when it wus snnotneed that the re- mlt of the election was fn doubt and both par- tles clabmed 1t 4 Slould the vomromise be rejected, what would fullow " The effect will be no werse than now," “ What hos been the gencral effect of the nuddle upon busincss Interests su fur as you eve obgervedi” * Busiuvss hus been very muh depressold fn 111 brauches, but to what simount 1 cubnotstate, Jue thing [ean say, o much larger volume of susiness would have been done uurhu: Hme-L .woanonths had the eleetion been declded the lay atter.” M. NICKERSON, >restdent of the First Nationad Bank, was next ubjected to the fngulsitorl pencil. “What do you think of the plau for settling he Prestdential dilleulty 1 M1 have not had thue to read It, and don't w what it 5. he reporter then Urlelly explafned the situa- fon, and Mr. Niclerson resumed: ‘1 dun't partlenlarly care who s President, srovided the matter ls gettled. ‘Tiat s all the wmmerctul interests of the countey demaiwld, e dmh.-ultl)' has greatly retarded business In ‘ery broncl,” - Ar. L. J, tiage, the Cashier of tho bank, had a0t sead the detalls of the compromse, He uppuscd it was atl right, aud hoped the aflair vould be speedily settled, e *resident of the Commer ailed upon., 41 presutue you read the Washington news bhis worning; What do you think of “the plan or solving the Uresidential problem 1" T think it s o very Boud une, and Wi glve eneral satisfaction." “Ilow will it affect the nelitical party that elects It asa busly of sctilement {7 "1 g o politiclan, and eanvot answer that aestion, 1 think the uasses of the people 4ll be satisticd, no matter who s declared ‘resident. *WIll {ts scceptance by Cougress Lave any lucnce on the commerctal futerests of the untry " “Certainly, It will remove the doubt and loow that bas provafled for the past two 8. £, i Natlonal, was next How about fts rejection ™ ‘That would have a very discouraging effect.” To what extent do you think thie uncertain- i olpfhu past twonoiiths has derunged busi- * Chicago did about the same volume of busi- €88 In 1576 as the year betore, and st §s better & tian- any of the Eastern citics, Qur busi- _ would uudoubtedly have been much lnrger ud it oot been for the Centenmal, the political umpaigy, aud the complications which have risen sluce clection~la; UEORUR »CHNEIDER, Fresident of the [linuis Natjonal, was next “unced upon by the news wqutsitor, W35, Behoelder, what do yuu think of the opoted plan 0P settling the Presdential dls- am heartily n favor of It It fs an haonest uq honorsblg way of solviug the ditticulty.” W How willits Tejection react on the party bleh refuses to accept (L “1 tbluk ft will be bud for the party, either “mblican or Democratic,” What etfect will Its ucceptanc ness interests of the countr, *¢1% will be very beneticlal. 'The prosrects of bright future ure uuw before us. 'The balance trutle 4 Jn vur favor. Qur exports are much hau our fwports. The gold that wus “ily needed for shlpment vuw remulns at ome; and practiially weana the saime 18w - Geposit uf the saviugs of the cauntry fu the ¢ Lunk. Wt tbe scttlement of the siidential guestion. contidence will be re- ed, our exports will e Jar zer, ood in o short we will lmperceptivly re: apecle pay- - & 1 aw an old-die Repul: but [ wiil fully abide by the dedtidon of the Arbitra- 94 Board proviied tor fn e rencit of Lae bave on tle Joint Committee. The politlenl prefercnces of arty nre of small moment comy ared with the lifc of the natton,” **Should the proposal be reiected, what thent? ‘1t will make husfness worse than it now is.” **What has been the effect of the muddle, so far as you have observed ™ ** It hins atfected buslness toa very pread ex- tent. We \\‘crcfus!. emerging from the efTects of the panic, and had gotten over the dullnesy consequent upon an animated and vigorous po- litlea] campain, The outlook was promising; but the Presidential difilculty loomed up, aid completely deranzed the general husiness of the country. 1 believe that we would have reached n specie basls had it not been for the doubt and uncertainty growing out of the clece tion differcuces. J. JRTING PRANCE, Tresident. of the Third Nutlonal, war found talk- Ing over the !u(l!v! af the day with Vice-Presls dent Curtie, After the usual salutatfons had been one through with, the inferview began: My, Peare t o vou think of the schiomne for rolying the Prestdential imbroxtio T don't think 1t possible to get a better one. Tome it seema to he an honest and amlable way of scttling the matter. And it §s very fm- portant that an amicable settlement should be il s s00n as possible.” houlid the plan be rejected by efther Honse of Congreas, what elfect would "It have on the party su acting [ * It would thillet n serfous Injury or the party which woulid assume_such a responsibility, Dhave been in favor of Hayes, mnd woula like to ke Ml dnaugirated ns the next Presdent, but whatever be the reault of the arbitration I am willlngz to abide by 1t." * What would be the result fo the Iusiness community shoutd the plan e rejected 7 WL would o very scrions offect, Busl ness i atl *branches would be disturbed, i not paral The lutercsts of the country fm- peratively demsaud a apecdy settlement of the question.” Mr. Curtis—The plan meets iy viows ex- actly? (€18 Just the thing, “Woulil “fts geceptance have any immediate result on the buainess of the'conntry 1" ST think It wouhl be followed by an immedi- ota revival, Contidence restored, and many nes rotintins and enterprises that were stopped by the uncertainty would be resumed. The people will gindiy aceept the result of the aroiteation, tuough there are no donbt a good mapy ollice- seekers who wouhd be disavpointed,’? “Wuas the uucertainty in political circles growing out of the Presidential doubt reflected 1o any extent in husiness clreles?” * I'think it had a great inlluence In keeping up the depression in busiueas, trom whicin we were abuut to emerge.” S WHIEits acceptance be followed by an Im- provement in business generally 9 ST don't louk for any Bnprovement until the whole thing i fully reitled beyond the possibil- ity of any nerealter.! GEURNE STERAE: President of the Northwes] next mbjected to the reportorial rack, “ What do you thiuk of the urbitration plan for settling the Presidential ganationd ? It suits e exactly. Any peaceful and amicable settlement will'meet my views." *1{uw ubout the Influence of 1t3 yejection?”? “Its refection ean't depresa Lusiness any mare than it 14 now,” * \What has been the effect of the doubt and uncertainty on cummerclil mattersy" 1 thini the volume of business for Novem: ber und December wutld have bheen at Jeast 25 fun been settled which < plitce,’ have reached spacle payment had there Deen 1o trouble " * We would have come pretty closo to i, T think gold would have sold na 1w as 108, Tho batanee of trade Is in our favor.” Q4°AR SMITIE, Cashicr of the Corn Exchuuge Natloual,wwas next called upon. * Have vou read the plan for settling tho Presidentlul dispute “1 have glanced thr SWhat a0 you think M Lprgess iCs all sieht. T think the matter will Le neacefully sertled,” What will be the fate of the political party that refects the prop. al *1am to politlelan; I ean'ttell you, Even i It be rejected, Tthink they will zet up another oue, Tuany mimd there §3 no doubt but sume plan will e «ot that will go throyzh,” Wil {ta wloption urighten business pros- prets o 1 presuine it il Lis the uncertainty of the past Ll\'n. nonths it kol Qur businesa s with geolt uud provision uerchunts. We feep no country uccounts and have no nlscellancous usereunitile busliess,” J0ilN DEROVEY, Cashier of the Merchants’ Nationnl, was de- tected fnthe net of closing up tor the day, “What are your views o the Jomt Commlt- tee plan for electing o President " “1 baven't r it tlose enough to give an oplnion. Auny reltlement of the guestion will tend to restore contldence and hielo business,” What will be the reault of its refection ++1 think it witl tenrd to prolons the agony." “What would result to the political party that would refuse to uciept the proposed plani’ “OhE T don’t know. I am not well cnough up fn politics to nnswer that question.” ‘I'he reporter then wended his way to the Ger- man Nuthona, shere his et HENKY GREENEDAUSK W[ want your views on t'10 selieine now be- ‘I;I‘runt‘ongma for scttilng the I'reskiential mud- ‘The plan pleases ine vers much, because [ think that the gentlemen of “whom the Arbltra- tion Cummittec will bo proposed will rise above party. They will be sworn, and fn my jwlgment will ueckle the question befure them” upon the Taw sl the tacts.”? What, In your u‘ylnlun. upon the party whicl ve| by the Jolnt Cominittee The party that does it will suffer [n the es- timation of the country, becaune the people are now fully alive to the Tut that thero nre many great interents ontaide of aud fur above those of We maching politiians.” “What would result to the country ut large from a refeetfun of the plang " * It wotld bave an Injurlous effeet, because it will tend to stll) Jessen the contldence of the ple in the wisdom and patriotim of the ors and Bepresentati ud I don't think that Congress has any popular contidence to spar Wil its_wloption have any Influence on the commerce of thie country! 1t witl m-l\lru vonffilence in the mhnds of capitaltsts, and remove ull 1ears of commotion or trouble, The wni»l\: dun't want any war. ‘They don't care wha Iy President, provided the dfsonte s rettied I an honorable manuer, The great mass of the people will, In my opinlon, zladly accept the Judient of the Reviteation Comittee,’ What hins heen the effect of the uncertainty since Novemberd™? ** I think Luslness would have been at least 20 per ceut better had it never oceurred,” THE LAWYERS, NORMAN €. PERKING, The reporter who waa instructed to gather the sentimonts of the luwyers upon the matter found quite a number who were unwilling to express an upinlon, since they hal not examined thequeation. Generally they vonsldered the come promte *u ool thing," without quatitieation, but would not ¢o beyond that, Below will be fuund the nterviews hud with quite u number who hud 1o hesftuncy In tolking: “What do you think ot the cumpromlse?” asked the reporter of My, Nanman C. Perking, S0 think well of It," bo sald. %1 do not sup- voés there is any danger of war, but there iy dauger of bothey and confuston, which will up- set the whole country, and fnterfere with busi- neds. It I3 worse than o panle. ‘Thls measura 138 good oue, and Jooks lke a way vut of the difficalty, It s the only thing that will belp us ont, 50 fur a8 I Know. Both parties will fall futa it - What efTeet will Its refection have?" “ It ought not to be rejected. No o Congreds- man sliould vote sainst it [t seems to me that the gicut body of the people of the tountry wilt back'it up and support the movewent be- cause it Jouks tu the rolutlon of present cumphications.” * Would its throwlng out help business any “No. 1f the coutroversy were settied the people woutd bave coutidence, and buslness would Improve, We would b ‘worse off than hefore it was sigested I3t fs not cone urred . Tho recommenndation of the Jout Commlittes wust have great welht with both partles all over the cotntry, 1 'do vot doubt ltsuwloption.” 4 Buppose it were pejected, would the party responsible for i defeat be injured ' L think s, The fact ought to kil it, and undoubtedly wor because the compromise (s anexeellent sulutivn ot 4 svrious sud u danger- ous guestion.” EDMUND JUBSSEN had read the report of the Committee, but had not studled the question, and theretors unvrepared to Lo futerviewed. The measure, however, looked to hiu like a compromise with “lb‘trr ar—aus if the Danocrats were giviug up thl ill be the effect the plan submitted 4 TIHE 0K, THOMAS HOYSE was too busy 1o be titerviowed ut any jength. He thouant well of the bil, aud that jt woula The lmwmedlate 4 evival uf Duais ness ail over the country. Its refection would be detrimental to commercial Interests, and also to the Democratie party, if its Congressinen op- posed the measnre Amd caused it to be voted dosn. ‘The people destred to get out of the, difliculty, and were mare concerned about peace than' as to who occugied the Prests lh:l\l.lxlp chalr, 1f adopted it wonld show that 10 exigeney or crlsis conld oceur in the Republic that could not he overcom THE 110N, J. D. WARD was next questioned. Ha aald: ‘I think the measure will be accented gener- ally h{ the people as a solution of any possibie troubie. 'The masses put peace abure Presl- dents or pust-oftives. While many may think it a queer way to clect a President,” yet anything thas will prevent o rupture, or a row, and give the_country tranquillity, will, In iy judgment, be favorably reveived,"” ‘Do you think the efTect on business will be beneficiul ' ‘It must be. There has been o terrible de- pression,—a sad conditton of thinzs, pressing heavier and heavier during this winter, on ace count of this trouble. “This will hft the burden off, and business enunot fall to (mprove." Would the party which rejected it, (£t 1s not adopted, be hurt by auch a course i’ It dow't scemn to me that elther party can reject it, I the Democrats iy the Tlouse vote nguinst it, there would be no more of that party than there wus In *62 and "03." “Waould Its refection affect husiness1”™ " 4 1L woulil make thinga much worse than they ure. I have studied the eifect of the com- plications upon the business interests of the couvtry, and [ am thorougily hnvressed witn the ides that the complicativns growing out of the politicil muadle have nad much to do with depressing and darkening business by creating o lack of contldence, “There {s w0 actual value for real cstate in this city, Very fow pieces could be sold for anything ke the price they are worth, because the rents don't pay, and the taxes arc ligh, and there ls.no' induce- ment offered” for new onterpriscs, It {3 almost {mpossible to make lomns. I Know of a number which were under way, but the Eaatern capitalistswithdrewon account of the uncertainty of the future, ‘The reasonsthiey gave were that the comlition of political affulrs was such that they preferred Keeping thelr money. Now, however, that there s a way out of the durkness, 1 look for better thues, GEN. I N. STILES = at are your views of the compromisel” * Well, I€ there was danger or civil commio- tlon or war, nimost ang way to avoid it would be a goold way, 1idon't like the idea of calling 1o o Board of’ Arbitration to scttle a Presiden- tlal election fu tiis country, snd 1 don't like eh the ldea of the Supreme Conrt belng cilled on to settle a political question,” AV ite effect be good or vad & 1 think the effeet will be good. The possi- Dle solution ot the matter may huve s good ef- fect, Tdon't understand that this Is necessarlly asviution of it, The last clause of the bill suya that they cau resort to the courts provided Ly law, whoever may be declared elected,” s Quppose the Democrats defeated it would that hurt thetr party " “Edon't know what effect ft would have. They svem to have wiven the bill a good send- oft. " There was evideatly a pressure brouzht to bear to get it through and have everybudy ap- prove ol it Tdon't kuow whether that §s well tounded or not. In fact 1 haven't thousht cnough abont the matter to give an oplulun that I'would Lilie to stand by," M, P. TCLEY #ald he liked the bilt flaterate. It was very rood. [le I been In favor of compramlse from the beginnlue, e coula see o liteln dif- flenity In i, bevnuze the act as drawn didu't tors eXpress puwer to gu behind tae returns, e thought thist was poing to be in the way of its pussed, what will be the cffect upon busi- cellent, T ean see its effect nlrendy—the § every one [ meet who fsat all in- alr and ressunable. Eversbudy T n with seemed to think buslucss 4 pick up direetly.” What wonld become Lrought ubuut its reje tion 1T would die, Whichever party refeets 1t onght to .be killed. Neither party “ean affunk to pat it=clf di opposition to that proposition,” +* Would ita rejection improve business ™ “No. It would coutinue to grow worse, (f that be postible. I nover saw sucha paralysis of business a3 hus prevailed slnce th election (uok‘p 1 flnd the bisl to ke apoken of very favorably by o1t the Intelligent paaple with whom [ havetalied. Only oo was opposed to ft. He sahil he thousht t'was pretty hard that the Demovrate, baving elected ‘Tilden beyoml any question, shoulid be competled to subniit to anytinng I an arbitration, [ told him the Re- vublicans had the samo views rezarding Hayes, ond that was the very reawn fora Board” of Abitrators to settle the matter, Hf we get throneh this ditifculty our nstitutions can stand angthing, and the scttlemen: wiil give an Iin- petus 1o republican institutions a | over the warlil, the like of whi.h has never boen seen. Thut §s my oplulon of the ultimate eileets of the comproinfse.’” o the party that . B. M'CAGO. & [1ow loes the compromiso strike youi" sl am very glad to see it T have'not exam- fred the nicasure fn detadl, but it certainty is the proper thing for a people who govern them- aclves to tind under and threugh the law soe way out of any ditlleulty they may b In,” S WL the eifect upon husiness be good (" ] iave no dvubt uf i, a. e 4t were refected?” Tither ft or something odopted. There 13 no doubt that businesa & been aterfally affected by the uncertalnty ol the future, nd unythlng which tends to pmlonz:‘] the unvertatnty ” cannot fail to be mental o the publle at lare, Someth shoald Le done toward settling the controversy, and the ruener it 3s done the soon v will the ap- prehiension fn the publi: mind be quieted and velief come. So farus Tam able Lo judge, the plan will do well.” WILLIAN 1, K1N0. 4 What {3 your opititon of the compromtac 1" L thani it 1s a niizhty izood thing, It meets ae.fded approbation,!” Tow will It allect business " H#Can Rt have vy other thanan excellent effect wpon businesy™ . b But In case of Its refection? “rhat woulld be bal, for the country, ow can they do any better! The two [Houses of Congress can’t” ggree. The Supreme Court 18 presumed to be componed of que indifferent questions is men can have a of vonfllence tiat these Judies will will decide the m; Prestdency to the man who I3 entitled to ft, 1 Tave JaeL Written aletter to Bpsiger congratu- Jathng Bim upon the work of his Committee, It i5 the very best thing that e be dodo upder the aireutistanyes, o House sayx, * We i the power," and the Senate sayy, * You Jay Are we gul g 1o hinve u row heciiisg some we: Walrs want thielr Bavorite can’ hold - oifloel The ho speak abunt fwah? aml fgoah? will ot do sny tiehiting. They talk loud, but, us Artemns Ward sabd, want their relatives Lo do ald the ghtlg, 1t s a good thing, uid oueht to be. pasee he feit upon the commmnity wouhl be benetle I0IE I pe ected, the effect. will e detrlmental S Would the strenith of the party vppualng It be dimisthed R spposition wouid be fnjurious to the purty guilty of ft, I the \runyl belong to relect it (Republican) T should sy, 1 3 yoil ean et along without me. [ dodsn't strike me that either party will refeet (L7 JULILS oS NAL. oI should ke to see it carried out, because T think It i w good thing. VLIt sthinulate busfoess (" I will have o tendeney to do 8o, because ft will remove an lrrltating question from the It I8 refected i thlugs would become worse. They can be worse.' »Would the party working against it be In- Jured ' “ldou't think ruceessful (»Epoyllluu would have any elle:t on the party making It, becausc the parties nre made up ut’ focks of sticen, el n:u Y n,hmyu follow their Jewders whercyver they zo.” +\Well, as to the conservatives—the thousands who atand between the two partles and vote uuqu.rimlplu and fro.n the exerclie of Judg- meat S ls refection wonld make them more dis- usted thun they are now, and miznt lead uitl mutely to o much stronzer oppositiun to the Dreset purtylsin,? A. Sl PRNCE was very much {n fuvor of the compromise. e thouwht it was just the thing, He bad no fdea that thiere was so much patnisthsu fo the Con- &ress of the United ¥tates, < Wil business be beacilted 1" S UL adopted, it will certainly, inomy Judg- ment, bave u kuod effect, althugh I uiay not be w zood jucre,™ U rejected t “’That would be bad. - What we want (o this vountry 18 u Guvernmeut of law, aund not of foree uud the mere will of the parly in power. 1 thiuk it will passs but the party “toat brings about its rejection, i 1t 18 not concurred fily ourht to i, 1 fear there are anarplots wm botu partics who will defest it by upitiog their lorced. No patriotic ciuzen will obiect to such ascttlements wachive politivians may," 1.’ - 1o et In so that they JUDGH LAWKEXCE was surrounded with law bouks, but bo kiudly looked up from 4 voluniy of 1cports aud said the tieasure would Lave s good etfect. ily .t not Lesatislatory to the radk littlo Ken that it will be rejectel 10 imilar ought” o the clther party, It was nndonbtedly satistactory to the ncu{vlo at large, and ft was greatly to be Tioped that it would be adopted, since business would be improved. ‘The party alding fu its re- Jection would bo apt to die. The reporter next met. JUDOE JAMESON, To him the reporter eakd: Judge, what do you think of the joint revort preaented to the Seirate Thursday on the Prest- dential election question{™ 1 think It is primarfly a aucstion of State law, hut na the Stateshave failed to declare thelr Intentlon clearly, the Congress of the United States has power_to regnlate the counting of the vote b{ aw. Tu this rarllunlnrcnst.- It eeems to me a fulr mode of avolding the ditliculty in which we lave fallen, and it oueht to be ac- ted. They have avolded tho diticulty which ould arlse from settling the question by lot. Nohodv would have been satlsed with that, The question i to_be settied accordiug to faw, not arbitrarily. The present made, also, {s much better than to submit it to the Supremo Court, and much tore satisfactory.” “* What would be the effect o the party re- Jeetieg the compromise ' T s people would undoublediy repudiate it The uestion I8 a State matter, and somo methul should bo devised suthat the Stal hereafter should determine absolutely the gue tion of the returns, Public oplufon ought to be brouht to bear on the Btates to ndues then to authorlze their own Tuspe tive Supreme Cousts to settle the questions of elections as they arlse, That scems tu be the fuirest way out of the dif- flcnlta« The Constitution haslift the matter to the States, and the States ougnt to determine who the Electors are. ‘The Supreme Court or some other tribwml catablishied by tho State Inw shotld deteriine fts vote, and no such thiug as dupleate returns should be allowed.” JUDGE NOGERS was encountered just ad he was Frennrlng to take a seat in his revolving chair, judicinlly Known as a ¥ bench,” and, inanswer to the reg- ular question, saids %80 far us | have been nbla to Judge from a curegory review of the bIll this morning, I ap- rove of it very leartlly, Iapproveof it for nt east two reasuns; rst, becatse it 1s an [ndorse- ment of my views that tho President of the Senate had o rizht to countthe votes, and that it was within the control of the Congress of the United States. Sccondly, becauso T think that it will bring qulet and” peace to the countr) und to thepeople. I approve of it becuuse want the thing settled without trouble, and If this scttiement results In the election of Hayes and Wheeler Iam satistled that ! can lve under them, or If ft resuits In the election of Tilden and Hendricks 1 think that all Republicans vuzht to be satlstled that they can Hve under them. I believe that Tilden was legally elected, Ihase been In favor of Congresslonal action and Congressional settlement. ™ I neverbelieved that it was the intention of tho framers of the Constitution to repose the settivment of such a question in the hunds of one man.” *What will be the effect on the party that refeets 1L It 19 rejected 1V “Ithink that the party that refuses {t will suffer by It, amd vught to suffer, I think it will be acepted by Lhe people and by the rullt ns also, for the reason that th peoplewill be sutis- fied, nnd beeande the politiclans ejther must be satistied or l]ll.'f' will be bitterly condemned by the people, The aceeplance of the compromise will restore contldence to the political and com- mercial world, 50 that business will prosper s suoh as the people ure eatisded that the com- promise whl be' ratiled by Coneress, The ex- remes of both pasties will undoahtedly oppose ity but it will necepted Ly Congress by an wverwhehniug majority,” GEN. ELDRINGE wns met, just hiaving nlahed the trlal of a case for damazes to his client oceastoned by tho bite of adog, and he was at once buttonholed. 1 ttank,” sakd e, * that public vpinfon 13 so strouw in Lavor of peace at any reasouable price that (L Wil press the thinge through Cungress anywuy, ‘The money intercsts of the country are so clamorous that “there shall be a peaceful solutfon of the matter that it will nake it through, Even well-meanng and honest-In: tioned Demorats, those thul have mone; Tvse and thoze that want to take snoney, feel that way, I think the compromise [s ratier In the Jutérests of the Republicans,” “What will bo the eifect v the party that would reject it “1thmk that pudlic opinion wisl repudiate the party that repudiates the comipromize, and that Is lust the reason why [t will 1o throug It will not be repudtated, " The effeet will us doubtealy by good tinancially to the couotry, I have notan opinlon a8 to the legal aspect of the cuse. [t requires a well-read senofur to be able to give an opinion that {s worth reading, I would glve more for the opinfon of Caleb Cush- ing or Ehnrlen Francls Adutos thau alinost any other mun livin ML TIOMAS DENT eald he had not nsyet had tlme to read the whole bill, but he was inclined to think it wos in the power of Congress to reunlate tho mode of comducting the matter of openini und certi- fying the returns. Tho two [lunses had u right tooversen tho action of the President of the Benate. Ie thought also the Conmission would Wave power to go behind the retums, ‘There was no danger thut clther party would reject the compromise, MR WILLIAM P, BLACK had some very definite views an the rubject. He thought it s fair way of settling the tronble In the present case. But he thought the Com- mission should gobeblnd the returns and exam- fne the wholo question. Beeauss o Ho- vguing Bourd had - committed 8 fraud wiUnited States slionld wot Lo bound thereby. i se would be to take J result fn the present ¥deetslon of the Suprenie Court iy to whether Cafction of the Returnlng Boards was or was Do conclusive oetlun, The etfort was in the aptht direction, aud would afford s solutlon of the questlon o a8 to avo'd steife. It also afforded an excellent angrgestion how to make o coustitutional smendment, e thouant that either House could, If beaten, make the tech- nical suggestion thut they bad no right to dele- sate away thelr powers, and conbd tot be bond by the declsion, but that was the only mode of eseape: or objedtion, A number of conversations werenlso had with other lawyers, ond all, with only onc exceptiun, expressud themselves in fvor of the compro- mise, nud of the oplnlon that (& was lecal and constitutional, ‘That sinzle exeeption was GEORGE NERBENT, alawyer of high standing, but who yesterday seomed under e intluence of some unpropitions teeast whnl " wiich disturbed his equanimi- ty. Ale huted compromises or anything that Iooked thut way, and thought it o very poor {deato leave tie question to the Supreme]Court, which he thought wis the effectof the o orto drug the Court into the muddl dadgees would not g0 behlnd the retucns, be- cattess thaut wus the law, It was also the only safety fn the world. 1t must be settled on thi grouid that it was golug to qulet the country and save bloodshed, ¥ wits lwayn bad, and the comproifs -out. “The only gool tobe gotten was in king the people up to the danger, 50 aw to have (L ixedso that i conld never happen agaln, Ly an amendment to the Constitution, TIE MERCHANTS, HENRY W, KINO. 41 think," sald Mr. Henry W, King, 1 think it makes very little ditfercnce whether Mr, Nayes or Mr. Titden be declared President, pro- vidinz It bo dune aecording to law, in comparls sun with having the question settled.” “Whut do you thiuk of the proposed com- proinise i I have great respeet for the Supreme Court and the majority of the men who compose the Commissiun, and it scems Lo mo a practical way 1o solve the questlon,” “ Bupposu either party should cause the rejec tion,uf the compromise, what effect would the rejection have ou Linb party " “Tlie effect would Le unfavorable,” “In what respect and to what extent ! 41t would be a great vesponsibility for elther party to take the rejectlon of this plan. 1 be- lieve the Lest men of both parties ure deslrous of legal aud u pencelul settiement.” Do you think cither party would ks to take that responsibility 1 “1thivk thero 13 a general desire for auainie- able arrangement,while those who old und those who expect offico will of course muke w great deal of nolse”? “How will the adoption of the plan affect tho business fnterests of the country ¢ * Anything that looks toward a speedy and peaceful eotution would tnaterially hetp the business luterests.” “T'o what extent bas business been Injured by the muddle!? * Enterprige fu varjous direetions has been re- pressed. Particularly is that the case with merchauts dolug busiuess with the South and Buuthwest.” ** 1las this been brought about through fear of a warf? 1 th uklthuhtenr bhas been a remote cause of sgnutlon. e Northern merchauts fearful of trusting thuse of the Bouth ¢ “‘They do busiuess wmore cautiously with them tl they would il this question were settled.”? ‘* Buppoae the combromise scheme were re- Jected, what would tie effect be on busizessi” 1 dou't belicve In anv case there would bo oy want '* Will thero bo any difference In the prosper- Ity of the counl whether the compromise flmll :'e'mlz In the clection of Tilden or ] ' Not tho slighitest, In my opinion, for T tlilnl efther would make o good President, and I nin in favor ol any plan that will put ono or the othor in ofllce legaily and poacefully.’ MR, I, &, M'FARLAND, of the Grm of M, D. Walls & Co., looks hope- tully for an amieablo scttlement. % can't sew how any man, Democrat or Re- publican, can hope for anything else.” Do you think the cuipromise plan now ho- fore Congres have the cffcet of bringing about auch a settlement?” ** It strilica mo it would liave tho same cffact that a report i favur of the Louisiana Board would lave bad. If Conaress shoitld agres on the scheme I think {6 wonld seitlo matters. It I8 Just an erbitration, that's what it is." . “Do you think the settlement, whatever it mk?'ht b, would be satislactory ' 41t looks to mu as If it wara a fale dispute, and If It is, the declelon of the Commisston, it given in a spirit of falrness, would bo eatisiae- tory to the business interests of the country.' *# What effect would the rejection of the plan have on the party so rejecting (t1" **Tho sffect would be disustrous to such a party. It would show tiiat party stands above every consideratfon, and those wlio are not look- ine for particular party successes, but for gen- eral lmerenu‘ would look with eusplciun on such A party." ** How woithl the adoption of the compromise plan affect business?’? * A settlement of any kind wonld he declded- 1y to tho advantage of bnsiness, and I think the 1’]“ sugpested ns” good a8 any to effect u solu- {on of the probleni.” #In the event of the rejection of the scheme, what would be the result, from a buslocss nanl[:olnl.l" “1think it would infure the buslness of the whole country, unless n better way were pro- vidad, The Dusinesa futercats deinand soine solution vf this rluoluon, and a permanent basls for tuturo operations,” #How has the muddle affected buainess1'” Iu some sactions {t hias had a depresaing In- fuence, but Tdon't think that fnfluence has been general, I there has been any sutlering from it, it has been fn tho Bouth, Northern merchants have always believed fn a peaceful scitlement.” MR. C. 3. HENDERSON, of the firm of C, M, Henderson & Co., nppeared to be interested In the matter, “The plan strikes mo favorably,” sald he, though I have only read it casually, This Is a matter that should bo settled as speedily os practicable.? " Do?' u think the compromise will have the effect of scttllug the queation (™ It Congress approves the report of tho Com- milttee, I think {t will,” It may he thut one of tho parties will reject the schomed’? It may."” “What would be the effect upon that partyi" “I'd rather not onswer that question, for I have not studied it sufliclent'y.” * Assuming that the compromise shouhl be succesaful, how would it aifect the business fn- tereats of the country ‘Benellefalty, Any peaceable solutlon ol tho question would have that effect. Buainess de- munids somo settlement, on a proper basis, though 1t does not demaud the yleldivg of o slugle nofut ta wrone,” “But, if the plan Eu rejected, what then3! *If 1L s relected, and the rejection be final, tho effect will be disastrous. Business gend Iy has Leen depressed ever sinee the clection, und there should certaluly be something aecom- plished [n the way of stralghteniog out this complicatton.” “What portlon of tha country has suffered the most " ‘The South, from what L can hear. The A\ur]th, , il Northwest have not felt it so much, ‘‘Iluve Northern merchants felt a dellcacy abott trusting those of thy South 1 think there Is such a feeling, but I don't Lkuow huw far it extenits,” % {'l,nru you thought of the possibllitles of a war * Yos, alr, 1 have thought it possible, but T have not looked upon it us probable, tor I do uut belleve the mass of tha people are In favor of bloodshed. ~ Nor do 1 thiuk that fear of u war has lm-wn:cd the extenslon of credit from the Nort to the Buulh.lyel I think it has made men cautiouy, and induced them to drww thu line 03 closely as possible.’? *What Is”the present conditlon of busl- nessi™ ‘1t 13 somewlhat better than it was n year ago, though not at its best. 1 am n[)nuklng uf the guuncus aud ygeucral condition of the couns tey * Then you don’t think that the ‘iolulml as- pect hus linal a depressing intiuence “The crlsts came at o scason when business was closing, and no new enterprises were belns started. What the lnduence will be from now on Is nnother thing, for new businesses are : ther thing, f bust: nprlm.'luxi; up, aud they must necessarily o de- pressed.” MR, CHARLES F. KELLOGO, of the firm of C. 1%, Kellogg & Co It tlis comprowise plan should be throuzh, I think It sould huve u salutal fluguce on trade, T don's think that the el tion has had much to do with the depres- slon of Dbusiness, but a solutlon of the muddle would give the people of the country a4 more scttled stite of miud, ‘The compromis eis the heat schemeI have heard sugpested, and sober, thinking men of the country wonlddenouncy thejparty that rejocts it. I am favorably {mpressed with the plun, or any that witl alfurd a legal andfpeaceabls solution of the trouble,” Mr. L. Z. Lelter, of Field, Lelter & Co., sall 1 Tiadd 1ot read of the plani; had not heard of it; knew nothing nothlng about i3, sud had no views upon It MIL JAMES I, WOODWARD, of the firm of Keith Bros., expresses bimasclf strongly In fuvor of the compronmfse, ‘1T this plan should be carcled throuzh," sald lie, “ 1 think wo shall sce the excltement nlla and the business belped muterully. Homething ought to be done, and as this scheme Enluts to a peaceful scttlement, I thinik It Is the eat thing that can ba done.”? * Tito ucceptunes of tho schome depends on pollticianal " *Of course, and I think It 1s the duty both ,“"'."}" oWe to the country touceept the propost- o, If elther party shoutd refuse to aceept, what wonll be the eifeet i * In my judgment it would be sulctdal to that party, under the presont arcumstances, The rwple demand soma retfel from this straln, und [t must come iy suime shape.’ s 8nppose this measuro were ndopted ' “That would tend to revive busiiess, and put the country un o better basis, Iam Inelived to hink sométhing must be done before Jons to arrnge thix muddle, and [ see m this cone promise the only feasiblo plan yet suggested.?? FIANKLIN MACVELOT, the well-known whulesale groeer, unlted with those gentlemen who had not consldered the tatte liciently to be able to say, from c; tul conviction, what the result of the new wovement or achemo would be, The waln fdea in his mind - wes that ft seemed o plty and 8 wrong to drag the Supremy Court of the United States into the watter inuny way, It woull have bLeen tnirs respectful 10 the judivlary of the countey I they had not been drawn into ity aud Mr. Mac- Veash considered 1t & misfortune that sucha feature hind been focorporated I the proposed bill. Still he was not prepared to suy that it wa t the anly wn{ which conld be devised to getont of the trouble. Mr, MucVearh did not expect a very considerable fucrease in the ve unie of trade, even {f the whole dispute actticd at once. MR, P. D. GRAY, of the firn of Gray Brutliers, wholesale grocers, explained that le tad net conatdered the new plan very carctully, und he hud very little to say aboutit. His geoeral fdea was tuat the man who recelved 101 votes ought to be de- clured elected over him who had unly 100 in tho sunic way where tho Presidency was “at stuke as in- cre where the men wers runul tor o minor oflicc, o had atways belley the first that Mr. MHayes had fuly “election, and that he wonld i of the queetion before the vountry would, Mr. Liray thuught, be a good thing, aud would fead tu the uulocking aud investment of @ god deal of muney, but hot, perliaps, to any_greater re- uirurated, as he ought to be. "Iho settlement ceipts by merchants trom sales, “He was not exactly prepared to say whether the schetne of arbitration would be & guod thing for a party to yute duwn or Yote up for its uwn advantage. MIL L N. UARNON, of Marmon, Mursism & Co., wholesalo grocers, hal read the propositiou, sud was nob quite ready to fuvor fi,—in 1act, be seemed to look upoi it with uo little susvlcion. la copversa- tiun upon the subject, Mr. Harmon sald thut he was apprehepsive” that the plan was a sort of wiviug way where noue was needed or prover. He had no dunbt that Mr. Hayes was clected bI' u fawr election, and lis could e no need of futl- mating any doubt thereof or subitting avy question which the people bad scttled under the law to auy other tnbubsl. Pureulng the general subject of the electivu, My, Harou touk occasion to counncat vnthe attitude of the cundidates since tho clection, and to commend Mr. Hayes for his conduct i l-.-a\'uxx the due tuu ot the question to the E«uplc. while Mr. Tilden Lad tuken such part in the contest as could hardly meet the spproval of any oge. Mid, Ao A SPRAGUE, of Sprague, Warner- & Co., whoulgsale grocers, bad seen the plan set forth, sud, from wbat Le knew of {t, consldered it falr enough, argely moved to this beliel hi, the fnct that he hatl full confidence in the itepresenta- tives and Scenators who had sfzoed the renort— capeclally In Eenator Edmunds, of Vermont, Tle had Tittle doubt that a prompt and peaceful settlement of the question of counting the vote would hielp business conshlerably, F. I BPENC of the hardware honse of dfiLtard & Spencer, eald he had read thebill amt thousht it over, bt had found it rathier covered up with words. The plan looked Lo him rather Hke a lank than auything else—a plank whereon the Ro\\rlcn for war could mently and quietly alkle to the rear. Souie of the Deinocral ed themeelves out of breath n demanding TH- den or war, and had worked themselves up fnto such a fury that they must have some way to et down and out. This scheme looked Hie a polite and graceful way to let them out, Mr. Spencer had no sort of doubt that ifages woukl Dbe inatugurated March 4. " Ho far as the talk about force and the army was concerned, he had nothiug o say, The Government would he remies 1€ it did not have foree enongh at hand to keep the pecially since there had been 8o much talk about 100,600 men betnz present from Kentueky, Ho hoped there would be no trouble or difleulty, hut, if there was, why then the foreo to qulet 1t should be at hand. HEUNERT €, AYCR, of the irm of Johu V. Ayer & Sons, was not, he eald, able to give much of an opittan on the subject, hecause he lad Just gotten -home from a trlp and had “not geen o paper. e therefore contlned him- sell to expressing the beliet that Mr. Tilden had been elected, amd tha be shout.d gurated, Mr. Ayer further sakl that he thousht Mr. Tilden woufl make a gomt President, anid that the effect of declurlug him President woul be to belp business very materially, and to coltrage the {nvestment of mouey, espedally in real estate. BOARD OF TRADE,. JOMN C. DORE. The following resolution was offered on *Change yesterday by the Hon. John, €. Dore: Rerolred, 'That the Board of Trade of the Clty of Chicago, represonting lnegely the commerchil and manuficturm: intercat of the Northweat, and withont distincticn of political partics, huartlly approves the report of tho WJoint Congressfonnl Committee for the Anal determination of "all ques. tionsas to the Inte election of Presidentlal Electurs aud the counting of theit vates, Jieso’ved, 'That & capy of the ahove resolution he Immediately communnicated to the presiding otticer of the two Dranches of Congross. Under therules, the resolutlon went over un- til to-day, Its reading was received with ap- plause, aud it will undonbtedly be adopted. MR, CULDERTSON, . of Culbertson, Blalr & Co., was first approached by the reporter. When asked his opinfon of the compromiee plan, ho remarked that he was no politician and did not caro about discussing the questlon. “ But,” asked the writer, “cannot you give me your vicws as a business mani" “\Weil,” responded Mr. Culbertson, “ T think the business community want the Presidential trouble settied in a quict, peaccable manner, and if Congress can azrce upona plan which will effect sucha result it will undouhtedly weet th: approbation of the business and coni- morclnl clnsses of the country.” “ How o you reward the plan reported by the Julnt Committee ™ T thiuk euch a plan, i It is lemal, will prove satisfactory to the Republican party, and fudeed to the country at large. Bvery one, except those with axes to zrind, will favor o method which will nyu iy and umleably settlo the trouble.”” * What hns been the effect of the dlilieulty on Lualuesal” It has had a depressing effect. Many leavy onerations nave been kept tisuspense, as peoplo do not care to enter Into new projects while so fmportant a question remained unsolved,” S I the plan suzue sted, or some uther lonking to an wnicable solutfon of the trouble, s adapted, what do you thiuk will be the eflect on busmess ! & [ think it will glve n ereat Impetus to busi- ness. Men who ure afruld to employ thelr eapital now would have no hesitation In using it Incertutn dive:tions.” ALDL B, 1L M'CRIA was faund In the Comptroller's offlee, wrestling with the ¢ity's fluances. — Heo had no hesitation n expressing his views, the fullowing conversa- tion taking place: He woa badd ‘shout. eace, 8- “ What o you think of the plan forndjusting Mr. MeCrea " the Presldential divleulty, * I have spoken to o genthumen, the best conserva vity, and there scems to be but one opluion: it it 18 a very proper mnd reasomable plan to adopt, T am of the sama opfnion, nud I can sco no Acrlous objectton to the avceptunce of the propostion by both Houses, I we cannot trust onr Judlelary on this questlon, to whom e wo turnt We certainly cannot trust the politi- clans, Our dudlefary are o comparatively puro body, and I thiukwe may safcly submit this, Impurtant inatter to then." “8uppose this plan should nevertheless bere- Jeeted, eotild you sugeest any better means of determiniige the question £ ** No, wir; [eansug zest no better plan than that reported by the Jomt Committee,)? What do you think the effect wonld Lo on the party rejecting the vompromiye (' s Lthink it would certalnly lose the confi- dence of thu people, beeansd the people have more confidence in the Supreme Court than In eithor purty, Speaking for myself, [ may say that [ wonld have nothing to do with any party that ¢nulil fiot trust the Supzeme Court,” ssuppose the compromise I3 adopted, what will be the effect on businessi"” 1 think it whl allay the anslety of busineas men and enable them”™ to operate” with greater confhlence,” ** But suppose it {3 rejected, what effect do Ve ik such a conrse would havel” The anxicty would continte; until the quea- tlon Iy eettied there wiil be more or less wneast- ness mnung the conservative clusses of so- clety." ““Then you think that the present state of the question has had o bid effect on trade gen- rullf'l" ¢ [thtnk the dificulty bas interfered with busiuess to anarked oxtent. Commercial men will in very cautlously nntil the whole mat- terts settled. In discussog the chonces of trdo now, this questlon always enters futo con- slderation," ALD, NOSENDERG, who was present durinz this interview, fully conenrred in the opinfons of MeCres, aml re- marked further that he had heard a creat many prominent lawyers express themselves fn favor of the plan. The reporter next callad upon MR, CHARLES RANDOLPIL, Sccretary of the Board of Trade, who responded 10 the varlous questlons proputiided as follows: “What do- you think of the compromise for determining the reetdentisl question, Mr. Randolph ' “On the whole, replied Mr. Randolph, ¢ 1 think it probably the beat means thut coulil by wlopted under the presents orcanization of Con. gress to wrrive at o satlsfactory conelushun of the muddle, It seems to me it Would have been better to bave agreed on the dtsputed points, und, b eo far o8 they are questlons of law, to have referved them to the tli Supremio Benehs bt thisin unaporoximation to that course, Tum clear that this measture vught to be aveepted hy atrjotle men us & reasonably falr settlée ment § ** What would be the effect onany party un- to reject this compromise i ild think if pther appe that It w, cither ” party should refect toact tafr in the matter, 01l b g werions blow to the geueral at effect woull'the adoption of the plan have upon bustnees i’ * Must likely reassuring, but Tdo not look for full confidence In busluess clecles untdl the ;wui .\’\lmlnmmuuugcu fulrly seated and organ- zed. It refected, what do you think would be the effect on businesst ™ s 1 pefection would keep the bustness inter- ests of the country {n the same unsettled and unsatiafuctory condition {n which they have been sluce Novewmber last.™ AROUND THE ITOTELS, JOUN B, DIAK Yesterday afternoon a 'TisuNa reporter had a briel conversation with Col. John B. Drake, of the Grand Paclte Ilotel, fn rezard to the Compromise LIl Sald the reporters * Have youread the bill for o oompromise on the Electoral vount, reported in to-day’s TRIBUNE (' | have looked {t over," “ Have you uu oplolon to ¢xpress upon the subject 1 “Ican't say thyy Ihave. I am not a poli- tiefan.” : “ Yut you are & business man lnterested u the prosperity of the country.’ “Yes, sir, and [ beliove that auy settlement of the existing controversy on the Presidentiul yuestion will Bave a tendency to renew tho cou- tldence of the people, und thus give to the trude of the country a new fnpetus.’” * But do you think the preaent plan will bave that elfuct 1" 1 thiuk the whole matter should haye been left to the United States Supreme Court, and then the public would have bécn better satisfied. HNowever, a4 it s, I think that §¢ will satisly the neople under the elrcumstances, dnd h tendency to restore conflilence,”” 2 ey 13y Sou think §t wilil Niave o dlastrons effect tyion tho political porty which woulid p. the measure of compromise "1 am not 4 polttichn, and therefore yy. provared to eay. 1 know this, however, i Udds bf Jeayes'the whole mattes In the fuu L, ne one man, T shonld be satistic 1 Julze by were the (1Tth man «hosen by the four y 1 Leheve hia feelings wouhl Te abovi v, g hiis ralineza according to hosest judment g law, He {1 just man and patrlot i every sense of the term.” COL. JENKING, formerlys proprictor of the Cliston TTouse, didn'y think miuch of tae Compromise Bill, becausg g thoughit the whole matter of a deefslon upoy tyg Prestdentlal question hinged w;on Loviciagg, ‘Tue Democraty with whom he had conserwd felt very well sat.slic 1 with ity and he thoughy ¢ only assured ‘Tl clectio! Mit. POTIEIL PALMER, of the Palmer Lonse, stated in angswer to an th. quiry of & THIBENT repurter, that he was not o pol.url:m’ but running a hotel, S But) puid the repurter, “ vou havo somg intereat nt stake in this matter “ Yea, sir,"? responded Mr. Palmer. * Huve you read the bill 1 have only wlanced ovor §t.% “LAnd wiat do you think of it SThat it will have a good effeet.! *Upon teade, do you think " “Iilo. Tt will restore conlidence among the people, Auything which tends to dispef ¢ prospects ofn revolution must have a benciy; effect upon trade.” PENRY 1L fMITH, wo s well-known s one of Tilden's Intimate friends, and who worked harder for i3 eieetig than propably ony otier man I the Nortin est was also fnierviewel at tio Palmer Haos, where a TRinuNE reporter found bim. The el porter queric: “What do you think of the compromise re- port upon the Preshlentind question 7 A Committee composed of Teading Republican and Democratic Seuators, of cunservative views awl very prominent members in the Howse, faving aeeud upun o roport aud bill therd geems to e no doubt aboua its passage witl dll}hflllk Y alitadi PHEGRITTION Do you think it will satisfy the people? “The whale countay eonnter eamnot heip hut accept tho result of this bill, in my Judement, Iwant to say this, however: Had T bees s member of Congress and o member of that Committee, Iwould never have aceeded to the terma of the bl as reported.! “ Why not, sir?" *¢ Decause I fully belleve Congress haa the fall and unly puwer, ainl should only exerclse thn authorlty granted to fL by the Cunstitution and laws of tno United State+, a8 now in fores and upon otir statute buoks," ““You think, then, that Congress has dele. Bated Its powers to a commlssion ' The bill, ns construed by mysclf upon ity perusal this mornlng, glves, in iy juizment, the full power of the 8énate and [Touse Lo thiy Committee. and that we nust be_governed by ita concluslons, except that both Houses should conenr in n disagrecment,' “Do you believe It will have a healthy cffect upon the country " 1 really believe It will restare quict to the whole country, and that. business from this tine on witl have a new fnipetus,” “Presumin, L elther of the great partfes id azainst the Compro. do you think it would mise bill, what effe havet” “1 think that neither party can aford to take a position nzadnat a report ‘so nearly wnanl- mous. Now you have my oplolcn, and I huve 1o more to say,"” THE “STAATS-ZEITUNG.” The Staata-Zeitung of this moruing will have the following editorial concerning the proposed compromise. The position of the press proses that the compro- mire plan i3 I, Iy acecutnble toin fmuneioe i Jarity of the people, and that only the extremlsts of Luth parties restat it Amerlean pross 14 independent papers favor of mnu S0 far ug the German- sneerned, not only have tae alwaya abown thémelies Tn sapromise, hut the wame thin 1rue of the e Jmnortant of which wpoerted eltiier ayes or'1 Kew Yorg Staute-Zeituna, the Chilatelphia’ Denitra’, and other inituential German Tilden parers, have warm In thelr advoeacy of n combromise, o the Beatliche [l tie Clacinnaty Volbaila, other leading Haves Lake Schnre, w wis from tho hezinning f tion, Jus opponent, Uanser, 8, #peaks out In favor of the comnromive, Chicazn the political German press i ulvo mous for such a seltlement of the great contest. The xame sontiment plafnly prevalls with the overwhelming maforiy of oitr i2nzlish-American fellow-eltlzens, aud,w fir as Chicago I« eoncerued, the warm indoreoment and advoscy of tho come promuise by Tur Tiinuse certainly sxpresses the sentiment of the ‘.'re:u Xllul«ml{ of its citizens, ‘Ta the towshtful adoptid cftizen his new fath- 1 must he donbly dear when it in contrast to continally threatened by new ferments ward, wetties It a Jesal and peacefal manuer o at and danzerose civil dispute, Hesles this, pl the busdnessemen,and the lahos- Ini clumnes in barticalar, new ety peesnaded that a speedy, honomiblo setiloment whl reetore to aettyliy nnnufactures ond business, now 8o griev- ouisly oppresscd, Congress, to whiclt thoe Republlcan and Demo- eratle members of it+ Comeiittee of fonrteen have wot 4o nohie an example uf devotion tatho anit of reciproeal moderation and recor will certainly nut delny to act by the e ) ple, clally the ini nuen centra of (he connte cato to It that they desice sich a compronilac, thierefore heartily” Indorse the provositlon, wh! 18 occastonally heard, that here In Chicazo, on onas of tho firsl duys of NEXL Weoks (For thecu 18 ho time {0 lose) 0 pub'ic meeting ahall Lo hold to (ndorse e compromlse, ——— DRIFTING APART. In nll theso days, Mlled with the Antnmn rloaming, ‘Ehe twilizht of the year, sad with the raly, And lonely with the winds In routless roniing, i*ve held upon my heart the hand of pata. il rd of Arbitea- now We leh Throngh all this time [n bittor, hapless grloving, I've seen youe face grow eolder ovory day; And knaw that Fate relentlessly was weaving A web to £l between uur Rves alway, Oh, God! lifo haldy no sndder thing t Come, fet uv klss and part, siico luve Fategave it to e for a nioment's proving, Then snatched It from iny grasp forever nioro, PANNY DiiscoLt. —— A Wonderful Christmna Free, Lalthwore American. A wonderful Christmas treo can bo seen at the reshlence of Mr. Otto Duker, No. 9 South High strect, Tho tree I8 o symmetrieal cedar, about seven feet In height, Tt stunds In the centre of an inclosure that oceuples neur){, the whole area of the bk parlor, the bottom belng ralsed tenor twelve Inches ahove the tluor, Oue kectlon of the rabed platform s devoted to o zolowleal garden, ining the Wikt anfinals with which the travell enagerle hos muado the youth of Amei familiar,—the Honyand tiger, and elephant, and bopopota- s, and other denlzens of the equatorlal ve- ions, Another section Is devated to n gulet pastoral keene, fiwhich the aheep feed fo serent unconselousness of thelr pruxlm,ly to the lung and tizers on the other shle of the pleket fence On the opposite slle theveils o hunting seene. All the spa e n front §s ¢ el by i aqua- Fium, i which a undred goldilh disport th selves atter the manner of the tinny tribe, *lu the mbdet of the garden ™ 3 tie tree, spread'ng fts hranches over the scenes already described, It would be tmposble to enmerate even the elasses of decorations tha are hung upon this tree, which looks us though ft miziit have leen transplansed from falrylaud, ‘Thers are over 4,000 pleces, mapy of them constiating beanti- ful ornuments in themselves, and when set among the other “glitterdng baubles™ thelr radianve 5 dazzthg to the eyes. e pendants and grlobes und banners gud trinkets are of mwany colors, and are all trausparcat, When lizhted up at night by the 400 Jittls wax tapers that constitute part of the ornamentution, the effeet 1a hewilderlne to the juvenile beholder. ‘This tree with shindie adornments stowly volves, and thus the colors and feures are “cons stantly changing. ‘The machiuery by which this perpeiial trunsformation seene 1 kept up 18 not the least remuarkuble vartof the tree, A near little two-story i In the rear of which there fs u water-wheel about cighteen faches fu dlameter, A plece of lron plpe attached to the by ity and provided with & stop-eovck, furnishes the motive power. ‘The waste water pours down Into the gquarium, to the great delizht of the goldfish, The trunk of the tree seems to terminate ln mots concealed by the moss, but this taalla delu-lon, Under the moss there i3 a socket, ings whieh an fron rou I3 set that reaches dovn lato the cellur, On the axle ot the water-wheel there 1s a lttls putley, from which a Lelt drops through the tloor futo the cellar, and this turns a borizoutal wheel, from whilch motion 3 commuuleated to the fron red, that is shnply o profonmation of the trunk of thetree. In this way the t with fts “apples of gold," s made Lo res One other feature of this most remarkable “trec” remalns to be descnibed. On the border of the aquarium there §s embowered amonyg the shrubbery a musle box that plays u varlety of popular atrs. Now. it woild Very casy to moye the eylinder of this pslesl fstennens Ly the wat F vibed, but .\Ir. Duker wanted to jnteod steun-power Into this mechanival tree (<0 to st eak), and e accordingly bad u tiny Hitle stean entitio bult, which occuples about unce cubi: toot ot spac and makes the wusl: bux ro through it wel O\fifl. rapidly or slowly, just 4 the suzloces | wiils 0 = fi ¢