Chicago Daily Tribune Newspaper, August 21, 1877, Page 4

T YR Kl e i TUE CHICAGO TRIBUNE: TUESDAY, AUGUST 21, 1877. s, e { i { ) 1. t [ i § i i [ t ¥ i@gz Tribwe TRUMS OF SUBSCRIPTION. BY MAIL—IN ADVANCE—FOSTAGE PREPAID. - Weekly, one 7 Partsof ayesr, pe K ear. r, per monib, wWEE D Rpecimen coples sent free, To prevent delay and mistaken, be sure and give Post- Oftice address in full, Including State and County. Remittances may be made efther by draft, express, Fost-Ofice order, or In reglatered letters, st our riek. TERMS TO CITT STDSCRIBERS, Dally, delivered, Snnday excepted, 25 cents per week. Dally, dellvered, Sunday included, 70 cents per woek. Address THE TRIDUNE COMIANY, Corner Madison and Dearborn-sta, Chiesgo, il Orders for the dellvery of Tur Tinrxx at Evatiaton, Eagleweod, snd Ilyde Park left I the counting-room wiil recelve prompt sttentlon. TAMUSEMENTS, McVicker's Thentre. Madieon atrest, between Stale and Dearborn. *'Bers nphine.” Mesdames Meek, Maye, Price, etc.; Messts. ‘Wheelock, }amiiton, Pesrson, etc. Iloaley’s Thentre. Randolph street, between Clark snd Lasalle. Ene , Bigement of the Unlon-Square Company, **Paul Grandet.” Mesdames Hight, iferon, etc.; Mears O'Netl, Parsclic, ete. Adelphl Thentre, . + Monroe street, corner of Desrborn. **The long * Btrike. Mias Sylvester, ete.; Mesry. Stoddart, Blals- dell, etc. Cotton's Opera.House, Monroe street, near State. Vauderllie and ** Roving Jack.” ase-Ball Park. to streets. Game between the Clubs, AUGUST Twenty-third TUESDAY, a1, 1877, CHICAGO MARKET BUMMARY. The Chicazo produce marketa were active and trregular yeste pork closed B¢ per brl Tower, 8t 1 713 for September and $12.30@ 1 for October, Land closed a shade frmer, ot $4.125:28.156 per 100 s for September and 88,15@8. 1714 for Uctober. Mentswere casfer,at 42c for laoso shonlders and fi¥c for do ehgrt ribs, Luke frelghts were less active and firm, at4c for corn to Bnffalo, 1ighwinea were frmer, at $1.00 pergallon, Floor was guiet and ateady, Wheat closed 1G15¢ bigher, at #3;c for Augustand Di3igc foriScptember. Corn closedd easfer, ot 41%c cash for September. Uata closed firm, at 2ic Hige for October. Ttye was Iclower, t5¢, Darley closed steady, at G3c cash and ©6%c for Feptember. MHogs were active and stronger forlight and unchanged for heavy grades. Cattlo were dull and unchanged. Shee quoted ub $2.5024.50. One hundred dol gold would buy $105,26 In greenbacksat the close. Greoubacks at the New York Stock Ex- change yesterday cloned ot 95}, It is estimated that tho total harvest of wheat in Minnesota this yoar will measure 81,000,000 Lushols, and that 25,000,000 bush. els will bo spared for exporiation to consum- ers oulside of the Btate. Tho total yield last year did not oxcecd 18,000,000, At last the Council has taken definite ac- tion on the gaa question, and passed an ordi- nance fixing the price on the South Bide at 81,50 per 1,000 cubio feet, and onthe West Bide at $1.80. Whother or not these terms will be accepted by the companies remains 1o be sean, but the ordinance provides that no maro shall be pai TUpon a formal canvass of the returns of the lato Judicinl *clection, cortificates were jssued to all tho successful candidates excopt Judge-elect Harrry, of the Bocond District, sgainst whom & charge of ineligibility is ‘brought, as ho hind not resided continuously In tho Stato for the proceding five years, The matter has been referred to the Attor- ney-General. ’ A pooling arrangement has been effected, after a prolonged contest, botween the two great telegraph corporations of tho country, the Western Union snd Atlantic & Pacifle. Tho terms of the newly formed combination are, that the Western Union shall tako eev- en-eighths of the receipts, and the Atlantio & Paciflc the remaining one-eighth. A ma- terinl increnso in rates of transmission is to tako place forthwith, Ono ParrznsoN, of Boston (3ass,), and Mizren, lste of New Orleans, were argu. ing upon the class of towns thut fur- nish fres baked beaus. ParTessoy upon the brown, wsweet bean of Doston, bet his cash, while MruLes cluimed tho Cres- «eent town as funed for far more toothsome hosh. Ono word unto another led, till Par- TEisoN was told he lied ; wheroat he atabbed, snd Mirres sprend bis toes toward the sky aud died. Tt used to b said that the only way to gob the bent of a life-invurance company was to die befora it “ bnaled.” Judging from the developments making by the liccelver of the Prutection Lifo, even this meluncholy and posthnmons satiyfaction is likely to be denied tho policy-holders whose dvmine ante. dated that of the Compauy by a few months, There keems to ben case of * mysterlous disappesrance ” of cashassety which o Grand Jury may yet ba called upon to investigate. The landing of a considerable Turkish force uenr the Bulina mouth of tho Danube hus to some extent frustrated the Russian schiome of withdrawing tho larger portion of the forces under Gun. Znnenmay in tho Dobrudscha for the purpose of still further strengthening the fmmense army under the Grand Duko Nicuonas in Bulgeria. Late dispatches seem to indicate that the Turks suticipaty a winter campaign, preparations to this end being in sctive progress in Con- stantinople, The Communists of Chicago, having ob- tained permission to hold & mass-meeting for the promulgation of their doctrines, sbused the privilege in & mouner o out. Tag=ous us to cause regfet that the American idea of freedom of speech was ever strained to the point of tolerating such a mixture of blatant balderdash and incendiary bar. angue. Mercafter it would be well for tho sutloritios to steain 8 point in the other dircetion, and refuse to permit & repetition of last uight's gathering unless under ample guarantess that somo regerd shall be pald to decency and ordel The President’s Lasty trip through New Hampshire is of the pleasantest possible character, beiug attended with the most cor- dial demonstrations of esteem and good- will by the large crowds who improve every opportunity to catch a glimpse of the distin- guished visitornk. The speeches are not nu. merous, a8 the time at command does not sdidt of prolonged stays, but they are in she happiest vein of the President and mem. bers of the Cabinet, all of whom seem to bave the kuack of saying a few words @ the woat sagreeable manner. An luvitation bas been received by the President from Gov. Coxxos, of Maine, soconded by Seuator Braxus, who cordially urges the acceptance of the hospitality of his own house. Not tho least gratifying among the incidents of the New England tonr was the presentation yesterday of an address, signed by fifty representative men of both partiea and residing in several different States, expressing approval of the President's ypolicy, mora especially with referonce to the Bouthern question. In the confirmation of Mr. Wmrram Vocxx a8 & member of the Board of Educa- tion tho Common Council consnlted tho best intarests of the public schools of Chicago. The selection 1 creditablo alike to the Coun- cil and to the Mayor. Mr. Vocke, though a German by birth, and chosen as a repre- sentative in the Board of that important ele. ment of our population, is in the mosat thorough sense an American, and the ter- mination of the contest over hia confirma- tion by the omphatic voto of 27 to 6 wasa deserved ‘rocognition of morit and high qualification, It is & cheerful featuro of the tariff system that in some cnses importers have been able to obtain drawbacks to a greater amount than the duties actually paid. A critical ex- amination of tho Revised Statutes fails to discover any authority for * paying back” miore {han the Government received, but tho thing lins been done nevertheloss. It is pro- posed, howaver, that there shiall be no more work of Lhis sort, and that the artificial and frandulent coloring of sugars for the purpose of ovading tho tariff shall be prohibited, and punished by the seizure and forfeiture of all cargoes of sugarso colored. On and after Oct. 1 the new regulation goes into effect, and it is probabla that many cargoes now on their way to American ports will arrive too Iate to escape the penalt; The torrible butchery at Salonies, inwhich the German Consul fell a victim to the fury of the Mussulman populace, has never been suitably punished by the Ottoman Govern- mont, and the rocent release of Turkish officiala implicatod in the murder has excited intenso indignation, and has led to the sond- ing of n German squadron to Balonica. The other Powers nro said to havo joined with Germany in making a formal protest against the nction of the Porte in releasing the mur. derers. 8o long ns the butchery of Chris- tinns is n cardinal element of the Mussulman fnith, 60 long these protests will bo neces- sary. It would be in the interest of human- ity if tho Powers were to stop their bicker- ings and uuite in & prolest against tho further existenco of a Turkish Government in Europe. S — Mr, Scauaas, of Kickapoo, Kan., managed to stir up considernblo oxcitement in the vicinity of his residonce recently. Having peculiar views of tho warital relation, he conirived to habituste himsolf to thrash. ing his wifo whenaver monotony suggested the nccessity for a little fun. ‘Thia ledto her withdrawal from his home by her father, who, when Mr. Scrvaos applied for bLer, re- fused Lo give her up, and was promptly shot dend. A Constablo essayed to arrest Mr, Benvcos, and was fnstantly killed by that gentleman, who subsequently gave himself up. A crowd of his admiring fellow-citizens gathered around him, ond 80 anxious were they to get full and complete views of so grent a man that thoy hung Lim up ona treo, whero nll could sce, and at last accounts ho was still nn object of consldernble curi- osity. MARING IRREDEFMARLE NOTES PAR WITH We print o letter from r, Jaxes Bucman- AN, of Indianapolis, who is the * brains * of tho Greenback parly in that State and its leading writer in the West, who beliaves 1t possible ‘to furnish the country with an sbundant irredecmablo paper money to cir- culato at all thnes on a parwithcoin/ Boe cause of hia leadership in that party, his possiblo future candidacy as its National rep- rosentative, and becauso ho believes in what Lie says,'we give wpace enough to note the points of his argument, and to briefly com- ment thercon. 1. Ho urges that, if greenbacks wero mnde receivablo for customs duties, thoy would at ouco bo ot par with gold. OF course they would in stich cazes bo at par with gold for tho paymoent of dutles, but that would not necessarily make thew at par for any other purpose, If greenbacks were also paynble for intereston the publicdebt, Tuz'I'ninunk would not opposo their reception in psyment of duties, but would advocate it. 8o long as this iatersst is payable in specie tho Govern. ment must havo a cortain sum in coln annu- ally for that purpose; aud it secms to ua to bo moro wise to hnve the importing mer. cliants sell their groenbacks to the gold deal- ors aud speculators for coin with which to pay dutivs, thau for the Government to re. ceive tho greenbacks for dutics and then go upon the murket und sell them for whatever gold tho speoulators would give for them. The share to which the Government would Lave to submit would bon serious loss of revenue, to be wmade good by additional tax. ation. Tho merchants, moreover, can got & Lotter prico for tho Irredecmublo notes than thie Government could. The whole wercan. tilo community, having to sell greenbacks, are iuterested in keeping their price as high as possible, If they were mado sellers of gold their inlerest would be to depreciato the greenbucks, und help to skin the Government, 2. The statoment that paper convertiblo into coin on demnnd *“loses its par valuo when & few mwiles from tho redeeming point," aud the holder iy compelled to sub- wit ton ““shave” and o loss, Indicates on the part of 3lr, B., we rogrot to say, a very superficicl knowledgo of facts, Do the rates of the Bank of England declie in value as compared with gold o few inilss awsy from the redeeming sgeuoy? Whero can they be bought at less than par? Can AMr, Bucuanay buy thom at loss than par in gold in Indisnapolis, or §n Now York, or 8an Francisco, Yokohaws; Cal- cutts, Melbourne, Hong-Kong, Paris, Con- stantinople, 8t. Petersburg, or Jerusalem ? On the contrary, he ought to know that for fifty years the further the notes of that Bauk are away from home the wore they are worth, because of their cheaper and safer portability than coln. It 18 this very pre. mium that prevents them from circulating in large quantities in distant parts of the world. Every truveler in Europe knows that he can sell the uotes of the Bank of France in Germany, Austris, Italy, and Switzerland for more gold than he can get for them in Paris, Mr. Bucuaxax ought to bave kuown also that the notes of the gold banks of Oal. ifornia are not sold for less than par in gold, and that 1,000 miles awsy from home the brokers ask a premium for them in gold. If the National Banks were redeeming their notes in coin at Washington just as they are now redeeming them in greenbacks in Wash- ington, those bavk-uotes would be at par with coin. For all purposes for which paper is more conventent than coin they would be moro likely to command a premium than suffer a discount, their transportation on the person, by expross, or remittance by letter, heing cheaper and safer than that of the coin. 3. THe proposes to make n paper dollar to be and remain at par with coin at all times andn all places within the United States, without requiring coin redemption. Wo are glad that so conspicuons a leader among the irredeemnble-currency advocates as JMr. Bu- OHANAN recognizes the importance nnd neces- sity of making the legal-tender paper dollar equivalent to apecio at all fimes. This isn grest advanca over tho old doctrine that all that was nceded to mnko a dollar is to put a GQovernment stamp on a piece of paper, leather, tin, or other substance, and declars it a legnltender.’ He now undertakes to show liow hundreds of millions of paper dollars. can bo kept at par with coin, with- out coin redemption, If Lio Lins Bucceeded in doing this he is entitled to tho laurel and the crown for the mightioat discovery ever mnde in the science of credit and finance. 8o soon ns wo shall be convinced that his acheme will produace the results ho claims for it, we shall becomo its ardent advocate and enthusiastio supporter. We shall inaist that hie shall bo made Secretary of tho Treas- ury, thers to eclipse tho historic greatness of Hasrwrox and Citasg, and in duy time Le made the ruler of tho Republic for which ho shall have accomplished such n mighty work. The man who can show the world how the Government may issue a supply of paper dollars * equal to the wants of the trade and commerco of the country,” and kegp tlhem in circulation at par in coin, without the tron- blesome and painful process of redemption in specio on domand, will immortalize his name, and his fame will endure, not only in America, but the world over, until timo shall be no more forever. What'is this scheme? To moke greon- backs receivable for dutfes. Thatisslll He {nstances tho issuo of $G0,000,000 of Treas- ury notes in 1861, but fails, we regret to ob- sorve, to stato the character of those notes, and their final history. Those notes were re- decmable in coin on demand at the public dopositories nll over the country, Being equivalent to coin on demand, they were, of course, roceivable for duties. Thoy wero never in any sense legal-tendor greenbacks. They wera simply Treasury notes, issued in anticipation of oxpectod revenne. They wero issued and sold for gold coin, and were ived in place of coin. When recelved, they were not reissued, but durned. So now, it Congross wero to order that the oxisting throe hundred and sixty millions of green. backs bo received for duties, and burned a3 fast as ' received, they would ndvance in value aud reach par with specie bofore per. haps half of thom wero extinguished. DBat, to supply the revenue thus lost, the Govern- ment would have to sell £100,000,000 of bonda a year to get gold to pay tho intorest alono on the debt, allowing nothing for sink: ing-fund and other coin expenditures, Tho greenbacks wonld thus disappear at the rato of the tariff dutiss, say $140,000,000 a year, until thoy were all retired, which wonld only tako two and a half years. The 860,000,000 of demand -notes in 1861 lasted but a little while. They disappeared, and wero followed by tho irredeemable legal-tender greonbacks, whiol have varied sinco then in value be. tween 40 and 95 per cont. The Governmont never ventured to repeat tho experiment of Isauing Troasury notes redecmablo in Quties, becauso that deprived it of coin to pay in- torest on the bouded debt. It iustead of burning the greonbacks ro- ceived for doties thoy wero paid out ngain, then they would have to boe sold for such price in gold ns they would bring in the market 1n order to get gold to pay interest. ‘This would knock down their valuo below par with specie, and that would completely suunibilato Mr. B,’s chimerical proposition, 3r, BucmaN, however, cnlarges his schome, Having, as ho imngines, raised tho greenback to par with specio, he propuses that they be issued continually and sold to tho bLighest bidders for bullion, and that, nu fast a5 the bullion, whon caught, {s coined, tho national bonds bo purchased therowith, and that this process go on until the whole iuterest-bearing debt shall ba replaced with non-intercst greenbacks! In order not to lat thye latter doprecinto because of their vast volune, he suggests that Lolders of them may bave the privilege of exchanging them ot any tuno for a registercd Lond, payable ou demand iu greenbacks and drawing nn inter- eat not to exceed 8,45 per cent in greenbncks, and ho insiats that 2 per cent is enough in. torest, Tho reason Mr. B, proposca o regis- tered bond is to prevent the purchascr from selling it, and having it pass frome hand to hand freely like bank-notes or unregisterod bonds fudorsed in blank., ‘This restriction would bo fatal to the sale of the bong, Bearcely anybody will lend money at 2 or 8% per cent interest on tied-up, non- negotinble, bothersome registerod bLonds, Mr. B, speake of monoy doposited in banks without interest, but Lie negleots to stato the all-important fact that it ia left thero on call, and may be checked out at any moment, in any smounts, including odd numbers and fractions of a dollar, dnd iu as many install. ments as the depoaitor pleases ; and, furthor- more, that ke may take certificd checks and disposo of thom like bank.bills or drafts. In addition to this, by keeping such a curvent account ho can borrow money from the bank on botter terms and have his notes renowed oftener than would be possibla if he kept no deposits with the bauk, If ho agrees to have a certain sum in the bank undisturbed for a specifio length of time, the bankgill pay him n highor rate of interest than Mr, B, pro. poses uliall be paid on his tied-up and both. ersome non-negotiable registered boad. The registered bond has never been popular with the public, and never can be, Ounly a few capitalists who Lave large sums purchase that kind of bond, and it is dono for perms- nent investment and safety of koeping. Mr, BuouanaN puts forth thiv 2.per-cont registered-bond scheme us a sequel to mak. ing the grecnbacks equal to spocie, If the greenbacks mre not mado equal to specie, then to issue more of them to buy either Lullion or bonds would be to run them down just in proportion to the amount is- sued, until it would soon take two or three paper-dollans to buy one of coln, bullion, or bouds. Wa have no faith, for the vary ob- vious reasons given, that recoiving greon. backs for customs would place them on a par with specle, or help thom in the shightest ; it would siwply trausfer the necessity of pur chasing specie from the importers to the Government. ‘The dewmand for specie ia by nomeans con- fined to the mere payment of duties; all our foreigu commerce i carried on in gold and silver, for which greenbacky, even if received for customs, would be unavailable. Green- backs, therefore, would romain at such value in specle as the brokers and dealers in coln would give for them. Until we can wo re- form the t:nancial notions of the people of other lauds that they will receive in ecx. chauge g¢ par our notes that aro not redeew- able in coin, the scheme to make them worth coin by receiving them for customs dnties must prove to bo a failure in fact as it is a fallacy in renson, DISMARCK O ULTRAMONTANISM, The London Z'imes’ DBerlin cortespondent | forwards to that paper tho full fest of an ad- dress which Prince Brssurck recently made to some Protestant clergymen at Kissingen upon ecclesinatical affairs. As tho address is important, not only from nn official point of viow, but also because it defines the roasons for the present attitude of the German Gov- ernment toward Ultramontanism, we give our renders ita malient points. Althongh there hiad been oceasional collisions betweon the Kingof Prussia aud the Vatican, they wero on comparatively friendly terma until 1840, During tho reign of Faepenics Witt- 1ax 1V., o Roman Catholio family, Raprz- witt by name, belonging to the highest aristocracy of the Iand, secured to the Catho- lie Cinrchin the Kingdom a privileged posi- tion. When the Socinlistio movement first Legan to develop itsclf, in 1848, the elec. tions from the Catlolic side wore accoptable to the Govgrnment. In re- turn, the Government was disposed to strongthen the Church, and established o special Catholio Department in the Ministry of ceclesinstical affairs to regulate the rela- tions botween Charch and State, It turned ont that the mombers of this Department wero ndherents of the Rapuzwiny family. Through their influence the Jesuits bogan to obtain power in the Government, and at length *'the Catholic Department, which bad been established to represent the King in our dealings with the Popoe, actually vindicated the intercsts of tho Pope sgainst the King."” The Ultramontano ngitation, thos begun, soon commenced to show its resuits iu dis. tricts liko Posen and' West.Prussin, where there were two nationalities. 'Those districts wero Polonized by the priests, who forced the Polish language upon tho Church and school. © As soon as the peoplo wera cut off frowm the German langusge and German in- fluencesthey becawne Ultramontanes, and wers soon pliant tools in the honds of the clergy. At this point Bistanc commenced * to tako note of what was going on.” Ie first applied to a Bishop, and, with the cyn- fcism peculiar to him, inquired ** whether to Lo o good Catholic it was absolutely necessa- ry to bo a Pole, or whother to be a German was incompatible with belief in tho Roman creed.” It wasn sufficient auswer to the question whon the same prelate declined the Archicpiscopal Sce of Posen, bocause he could uot understand Polish. Count Lxpo- cnowsry subsequently became Bishop, and overcame tho diffieultios in tho way of his ndministration by loarning Polish, The Polonization at last commenced to spread so fast that Biswancx stopped talking and com- menced to act, and his first act was to abol- ish tho Catholic Department. This raised an Ultzamontane storm against the Government, and at last the contliot nssumed such a wide and dangerous character that he had recourso to legislation, and the famous Farcx laws were passed, of which he ssys: “I cannot say that 1 approve every item en- acted in these laws, but I contend that, npon the whole, they answer the purpose, and are o strong wall of defanse in this inevitable conflict with the Papacy. By virtue of these laws wo hiave recovered the position we gave up. Wo have takon back what was our own. Wo can now afford to stand upon the defensive and to wait for what e to be.” With regard to tho Evangolical Church, Princo Bisaanck declared that it had naver thrown nny obstacles in the way of tho State, but had always supported and strengthened it; novertheless it was nocessary that tho laws should applyto both churches alike, ng o inisterial crisis would have been pro- voked had any discrimination boon mede, ‘Chis was specially true with referonco to civil marringe nad tho admission of the lay elemont to power in tho establishmont. With regard to the discussion which has arisen in the Synod over the roading of the Apostles' Creed, Bisxance does not seem to sharo the apprebonsions that have beon ox. pressed in England and this country as to tho future’of roligion in Germany, Upon this point he sayu: ) the Berlin 8ynod have been tory. Still I am convinced that the ndversaries of the Apostles’ Creed have not a leg to stand upon in Berlin. 1n my opinion, we ure conferring lou inuch honor upon the repre- sentatives of these exireme opinions In making martyra of them. The men holding theso views in reality posess very little fnflucnce, and, bealdes, some sllowance should be wade for their tartuess on tho scoro of the well-kuown ** Uerlin actdity. " No doubt we have plenty of scholars aong us sbsulutely vpposed to religion, and on principle the encwmies of all creeds; but thoy exerclse very little intluence upon tho views of the people. and, mioreover, aro euperstitious In many respects, lowerer, we shall never do away with difference All we of opinion within the palo of the Church, haveto guard agsinat {s indulgence in our tury fuiling—the furor teutonicus, which s render [t obligetory upon Germans to carry every controversy Lo extremen, ‘The Prince evidently docs not onfoy the scholar in politics any more than the scholar in religion, as he concludes his address with the tart remark: *“My experleuco of Pro- feasors when they take to politics is not the most agrecable, Even fn Parliament they continually suppose they aro addressing their scholars, and cannot bear being contradicted. When thoy are opposed they got excited, and cannot realizo the enormity of aoy one ven- turing to differ from them." THE PARALLELS OF TWO0 WARSY, 'Tho extracts from Russian papers which were printed in tho last jusue of Tux Tnin. une show o very bitter fecling in that coun- try sgainst England for the course she has pursucd with reference to the belligerents in the presont war, and recalls very vividly the popular scntiment of tho North in this conutry with regard to England’a relations with the Bouth during the War of the Re- bellion. The parallol is a very close one in almost every essontial detail, notwithstand- ing the essontially different character of the two wars, It has required o tremendous efort to rostrain England from actually in. terferiug in the present war just ns she did in ours, aud the opposition has come from the same school of statesmen at Manches- ter. The frionds of the United States from 1861 {o 1863 are the friends of Rusaia in 1877. Wo hear uow proocisely the same howling about British intorests that we heard thon, oud some of the same menaces. The Eastern question was not involved in our war, nevertheless came tho constant com. plaint from England that wo were overshad. owing her interests, and that, if we were successful, the [North would swallow up Canads and dominate the sea 8o under the specious plea that our Repub- lican form of government was & failure, that the civilizations of the North sud the Bouth were dinmetrically opposed toeachother, that the Bouth was based upon cotton sud alavery and the North upon corn and free labor, England, which for years had been prating, of its lovo of frecdom, took sides, so far 8s it could. with tho opvreasor of the African, ns it now takes sides with the oppressor of the Blavie Christians. The Russians have unshenthed the sword to liberate nearly ton wmillions of Christian serfa on eithor side of the Balkaus, who have occupled their own country from the re- motest period of antiquity, oven far back of the timo when the 'Turkish nomads wero wandering nbont the shores of the Caspian Bea and living by pillage and massncre, like our Indinns. While the immediate object of the war s to liberato the Duign- rinns from the most oppressive and bloody {yranny the world thas ever known, the Russlans, if successful, will ‘also liberate all tho restof 'Turkey. ‘They will give freedom to Herzagovina, Jlos- nis, and Albania; moke the future of Bervin aafe from any possibility of Turkish oppres- sion; save Montenegro nnd extend her frontiers; and liberato Greeco nnd restoro Ler nncient boundarics. The loglenl result of Russfan succoss must includo either the nbgolate banishment ot the Turks from Europe, or elsa their conflnement for the future in the southesstern coruer of Rou- melis, betweon Adrinnople and Constanti- noplo, which is now inhabited by n Mussul- man population, It will free millions of peoplo from the horrible barbarities of the unchanging aod bloodthirsty Turkish carpet- baggers. Intho War of the Rebellion the North fought to liberato 4,000,000 of nlien bondwmen simply from n political nnd social slavery, Tho Russiaus fight to hberate 10,000,000, to the manner born, not only from political snd social, but nlso from relig- ious slavery. Tho latter eloment did not enter ‘into our slavery system, the blacks, as a rule, having tho same religion 88 thoir masters, The Russians now find, as the North found, that o tremendous resistonce is offered in consequence of En- glish assistance. They find. that English money has built n powerful fleet for the ‘Turks, which dominates the Black Sea, coops up the Russian vessels in their barbors, lays an embargo upon their commerce, and gives the Turks a tremendous advantage in main- taining their communications and transpoit- ing troops sud munitions of war; that it has furnished them with tho bestof American rifles and Krupp guns, and 1nterial of war in plenty ; that it is owing to English aid tlat they can marshal and manouvre their armies; that an English Admiral has chargo of their fleot, and that English officers and engineers are sorving in various divisions of their army, and helping to map out their campaigns. At ovory step ouo is rominded of our own ex- poriencea. As wo read tho complaints of tho Russians, wo remembor that Eugland fur- nished tho South with a fleot of blockade. rooners; that she built ironclads for her, and provided crows and nrmomonts for them; that her harbors wero olways open s o refuge, and {hat, when a Southern vosdcl was pursued into them by a Northern ono, the latter was do- tained ot anchor for twenty-four hours, so that tho former might havo sufficiont timo for cscape;.that she furnished the Bouth with amplo stores of medicines, clotbing, cannon, guns, powder, ball, and other neces- saries of war; and that she cashiod Southern bonds to the amount of millions of dollars, meanwhile leaving no opportunity unim. proved that could tend to hindur or proju- dico the North. Romembering all theso things, the people of tho North will under. stand tho feclings of tho people of Nussin. Thoy will not wonder that they aro bitter and exasperated, and that they already begin to manifest an opon and undisguised resont- mont. As Ruusin sympathized with us in those days, it is no wonder that the people of the United Stntes now sympathizo with her and appreciato lior feelinge towards En. gland. Ono war hod the same end in view a8 tho other,—tho liberty of the oppressod. In oach war England sided with and aided tho opprossor, and libeled her reputation ns & lover of liberty. The parallel goes fur. ther. 'The disastrous battle of Plevna, a fow ‘wecks sinco, has its exaot countorpart in Mo- Crziran's unfortunate campalgns, The lat. ter ronsed ths wholo people of tho North to asenso of their dangor, touched their pride, and indaced thom to concontrate their ro. sources for an overwhelming ouset and for determined viotory, The battle of Plevna has had the smmno rosult. National honor hss been touched. Neow lifo and encrgy have boen aroused. All the resources of Russia havo been called upon, and nearly 200,000 fresh levies of troops are ponring down into Bulgaria to wipe out the stain of defeat, The Russian glant hae aroused from his sleop, like tho giant of the North, and, the next timo he strikes, will mako his power folt. 5 Our exchanges are indulging In a good deal of fun at the expense of Senator CONKLING for his sudden and unexpected return home from his European tour. Nobody expected hin back before tho meetluz of Congress in October, and many thought Lo would be ubsent until the beginning of the regular seselon {n December, But, to everybody's aatoulshment, he rushed back after an absence of a few days; but it wus asufliciently long absence to cause his ** friends " torecelve him with salutes, bands, screnadcs, dinners, dvations, banquets, and other “nachine” demonstrations of slimulated joy, The whole thing has been operafed liko s well- rehearsed melodruma, Says the New York Tribune: 3ir, CoNKLING was g0 sceply affected by the rominiscences of his **blrth-placa spot ™ at Albany that b said that nothing but Liv fuezorable cou- duct of the railruad traln in learing bim away provented him frum speaking about the Southurn policy aud ** modern Civil-Servica Iteform. " " Yet whei he roached Utica ho wax enabled Lo hold on to himself suticlently to speak for half sn hour or mare and say nothing un eliher subjoc! Another astonished exchange observes: Thy eervescence of Benator CoNKLiXa on hin return home dues not seemn warranted by the lcogth of his sbscnce, the acuteneds of his ubeervations, or the mass of Bis Information. Tno geweral m: presalon will probably bo that he was ™ recelved " somewhat tus 1uch ou bis retura from Europe, here did uol appear to Le any particular reason wliy his return should be celcurated throughout thecountry, 1le bad nut performed any public service in Kll abegnce. Ho had not distinguished himaelf In any remarkable way lmmed'ately befora absenting bimselt. Ho Is a candidate’ for the Presidency, Wls Glends find it contribi adruntage to ate tach thewasulves lo o Ao Lo up and down the couutey in the capacity of a clrcus, So the Henator cawe up the bay with & bund of wusic, *‘waving & smsll American Hag,” and urlig forth eloquent reapouscs, frow Sundy laok fo the PIfth Avento Holcl. Tols was nor euvuzh. 1t was imporiant to cacort him to Albany, and ihen to Utlea, with iluminations and wusic, An intlligent Jupanese Sraveler would ave sun: poscd that wowetbing very grind and wonderful was golugon. The Democratic Sonatur from New Yok, Ksuxan, welcomed CoNKLizu to uls home, 'asty lines, were ubliterated, Tle strocts were brilliantly {lluminsted. ‘Thero were °Chincae lanteros * and locomotive lamp: CoNkLixg called it & ** maguidcent manifustutlon of good. Beas and generosity.” A to coming bomie, he sald: ‘Wi truth is T was homesick—downright houmesick, [Laughter.] The furiber [ went the moro it scemyed {Berd’ waa 8o country llke Auicrich. au statd ke Now YUK, B0 county lke Ouelds, no clty like Utica. [Ap: plauss. | This oufessivn In conddence. 1 Liope orit. Nowspaporsuanilyever da i 0. {Laughter.] rafsc all thin: vagioce that amail pollil- claus bave made commonplace; and We quits agreo ‘with the New York Zunes lh:‘l— e i | hi in Wr. Kxsxaw's graceful but m? "u'n.:anflfulfiu udatory \-\rw.ul welcowy tust zejuired Lis friend 10 eX) nd himselt quite 20 hich Lis acqusintince GUELT 0 Le large, but with which it 1s evilcatly very small. ¢ a3 1€ 12 8 dlsappolutuent 0 us L0 b8 & Ban vf Mz, CoNsLIng's siatlca aud suyposed calbed to 1he commanpl e mb take, ALA tme 1k the t, of sluing In‘liserlininate frafses of ercrsihing A n and vospartig oiur conditiva with that of forelgn nations, fn' 4 " of the fatter, W eane i vanity Toilate t our worae Ahe tiie & prodest te not srlect ta try to rrimuiste our scif+ Itix & favorite nssertion of the *goldites’ that tho silver dollar wns alwaye a rare ond searce coln, that few of them ever efrenlated among the people, and that the remonctization advocates aro obstructionlste. Tt is true that Amerlean sliver doliars were not so plenty after Congress reduced the weight of the gold eagle In 184 from 2473¢ grains of pure rold to L2 eraing, or fully 6 per cent. After that reduc- tion of the gold coln was made it became of fess value thau the standard sitver dollar, and in great degree drove It out of cireulativn, beeause the people, aving the option, paluthelr debts in the cherper dollar. But this furnishes no reason for taking away from them the right to pay In sfiver when that metal becuines the cheapest. There fa another fact, which the Cincinnat! Commercial calls to mind, showing that sliver ddoliars did continue to virculate free- Iy until tho War, when all coln disappearcd froin circulation: ‘Fhe editoraf the CAronicle may not have thought of it, but the American silver doilar (the oninal unitof value) was made o curreapond willi' the Spanieh milled doliar, and vast snms in Spanieh and Mexican dolinre, and in vur old half dotlars (nll weighty have heen circulated, At least 100, - 000,000 of sdlver dollars were in circulation fn thic cunniry at ove tine. UuF coimage was au rel a1 to ive us the use uf thie Spanish and Mexican coine, and ver old fuil-welghted Lalf-dollate wero very largely minted, There never was any publie dz2mand for the demonetization of silver. 'Thera never was u hint conveyed by any public meeting in America to tho oflicern of the Uovernment that the demonetization of milver was desired by any- dy. The euterprise was whoily gratuitous, The firat movewent was in # bill {ntroduced into the Nenate by Jonx SHERNAN, In 1800, to make ml. ver lawtul mosiey for €10 paly. T was part of a vreat acheme, bat It was presented In terus that cuuld not be mistaken, Senator Monaay, of New York, reported ogalnst ‘this bill and 1t was put outof sight, In the spring of 1873 the nunagers of the Mint wantud o comaze regulation, sud wnll of over ity sections was prepared. ‘g tedivus blil coutain bug ono item of lmportance, iton the uly, 1tdocs nutdemonetizesilver, ‘that 1t drops the cofnagl of the ol silver dullar, ana dova is done in a sectivn of the Revised Stututes, paesed in 1874, it wawn wly job,~a compicte specimen of legialative juygle, thkes an |.'1J|\:rl searching the Laws with a lighted candle to find how the tricl of taking the silvir option from the peopile was ac- complinhed, want tau silver option which wae etolcu from ople restored Lo them., We want the double af rd that was the true money meas. ure re-catablished. ‘The editor of the Chrontcle #eems 1o confound this with the restoration to cir- culation of the dollars cofued, It 1s the right to cuin the silver dollapof 471§ grains pure sijver that Iy demanded, and then Lhe order tu coin those dollars and tesne Uiem for rreenbacks that fs needed. This would be the restoration of the old apecie basis and o belp to resumption, e i 3 & To the Lditor of The Tribune, Cnicaco, Ang. 20.—After perusing **Steel- Worker's" commanication nnd your editorlal re- ferring theeelo, the Urat question “presenting itaelt iy, If there were no tari imposed npon the ueticles (ateel, copper, irun, etc,) which our manufucturers use to & large vxtent, could, or rather cau, they purchase these sriictes and lay them down at thele manufacturing cstablishments rur lees money than the suinu urifclo of u like quality can be furnished by our hiow ruducerst 1 nsk for latorn; 1510 bo_ rel 3 not somuch dodging (?) vis theory. Yours fully, B, 1% floaoi, No. 05 Larrabac sireet, Ciiicago. When tho tariff comes to be revised it would be nbsurdly foollsh to limit tho revision to “ateel, copper, lron, cte! A revision, to be ugelul, must extend clear through the list. Many artlcles now taxed should be placed on the free list, and somu of ‘thoso uow ou the free list should Le made to pay a moderate duty, such as ten and coffee. “The Incvitable cllect of o thorough aud wise revision would be to enable ull classes of manufacturers to produce cheaper roods, aud many of .them 80 much cheaper that they conld undersell foreign competitore, uot only aglome, bLut abrosd, aud thereby export heavlly at a falr profit. To what extent a revised tarl would Dhave the effect of cheapeniug the cust of makibg steel, copper, and fron, It Is imposaible to state In mdvance of the adoption of such revislon. But, ns Mr. Roacis ls anxious for * figures,"” we would inform him that it was the opinlon of many who examined the draft of o Revised Tarlf bill futroduced into Cougress by tho Hon”Winttax R. Mogrnisoy, Chalrman of the Ways and Mcans Comultteo futhesession of 1575, that the enactmeunt of his bi}l would cheap- en the cost of making all the leading liues of manufactures from 10 to 25 per vent, according to the character of the raw materials atfected, and including the geyeral cheaponiug of the expeuso of living of the working people and their cuiployers. The future prosperity of our mauufacturing industrics lurgely depends upon relleving them from burdensome, repressive, and crippling taxes on thelr raw materials, and upon articles of nccessity cousumed by their operatives. English manufactures are tree of all thuse bandicapplng taxes, and It gives them an enoruious advantags over virs lu * the strug- gle for life.” Commenting upon Secretdfy SnEmMAX's speeeh, the Journal says: The Becretary of the Trensury 1s encouraged by the success uf tuc 4-per-cent bunds of this summer 10 bellove thiat all our bonus way be refunded at tunt Inte, nu they becowo due. “Within the shurt period of thirty days nearly scventy millions of thesw 4-per-cent bunds were taken in this couniry. Every suvscoption aas uul{ur al the time in full in guld. Very fow of thewm lve been delivered— none at all of the registered bouds. P The Journal Is wlistaken, The terms of the subscription only called for2per cent cash down, The Syndicate advertiscment read as follows: Twa per cent of the purchasc money must ace company tho subscription, The reuntimler may be paid ut the pleasure of tho Burchigyer, cither ut times of yubscription or at uny timeprlar to Uct, 10, 1877, with interest added at 4 per cent 1o dato of ‘payment. Comparatively fow of the 4 per cents that were tuken have yet been pald for, Thoss bouds bave fallen below par, and it Is belleved that a good nrany of the subscribers will elther forfeit the§ per cent or sell out their rhght of delivery of bonds at the ematlest Joss they cun negotiate. Some have alrcady pald up, and others will, but wany will “funk.” The Jurnal 18 right in saylug that * Secretary 8ngn- saN confined his atteutlon to the red side of the shicld,” and that “thers 1s a black side toit” 5 Bright and hopeful ac it fe to have such good credif, It must be rememberoa that It fv & very sure sign that somethiug is wrong when an Am doliar ean earn only four cents s year, snd be In the weanwhlly, ~ When our peouly’ clutch ut & 4eper-cent duond, subscriviuz to_over 867,000,000 in oue month, it shows tha ustry i» paralyzed, capital ttoud, and_cunfidence goue, Dunue the War any aud overybody could_borrow money, ex- cept tho Governments now the tables are Juraed, Buclety gues frou oue extreme (o anuther, e ——— ‘The Detnocracy of Maloe are Just about out of political *1ssvos,’? They met the other day at Portland and uominated somebody for Gove ernor, and made a platforin, which, on The currency question resvlved—nothivg. On the sliver question—nuthing, On the mouometal question—nuthing, ~ On the resumption question—nothing, On the banking question—nothlug, On the protection question—nothing, On the freestrade question—nothing, On the revenue-reform question—nothlng, On Civil-Service reform=—nothing, On the railroad strike and labor questivn— nothiug, On the temperance questivu—nothing, Well, what did tho Dewmocratle dodgers dp? Phey resolved they were Iu favor of last year's birds’ nests opd alwanacs. They denounced the Loulslana Returulng Board for beating the oull- dozers 8ad jallot-box-stutfers, and thereby s defrauding " tho * Usufruet of ghe power of turolng out Kepublicans aud giving the Demo- crats the ottlces; and they rejolced that the car- pet-bagisers had been routed in * three Southern States,” That was all that was done between drinks. The report says: Manceutrs Exeny, of Bangor. submitted two minority resolutions, one cundemning the prohl- bitlon liquor leglsiutivn of the iast twenty years, the uther 1n fayor of lugislation which whall’ bein accord with she bill uf rigite sud ot promote Ia- Lor. These resolutlons vxcited debste aud wero Bually defeated with cheers, after which the Con- uuugn sdjourned and liquored, wnd theu lefe. ——————— Another reform necessary is tho repeal of tho law under which fAe Gorernment staimps Hs de- wrécialion on tbe natlonal currency, by crimis mating whbat it shall sud shall not pay for: ** Tuie note 148 logel-tender at its fuce value, forall debty ublic sad private, excepl dutles on linports and in- Iereat on the public debt.* The worde we have itall. ¢iz0d 103! distlaction aud coussequent dvpres ciation. The Dank of England note s not depra. cinted In any suct manner, and the resalt lo |y pasaca at r.r with gold all times and places. Atnerican Monthly. The reason the Bank of Eogland notes pass ag par with ¢old nt all times s, that the bank re. dectnr them {n gold on demfand at all times, ang hns not fafled to redeem them for 8 single day In fty years. Previous to resumption ang redemption of her notes In gold, they were at g fluctuating discount varylng from 15 to 25 cent, notwithstanding they were made n Jega) tenuder by the Britlah Government for all kingg of taxes, Including duties o importa and inter. est on the public debt. I greenbacks were re. celved for dutles on imports how would the Guvernment procure coin to pay intercst on the Londa? The fntcrest on all the bonds except those loaned to the Pacific Railroad fs made payable fn coin; that {a a part of the contracy with the publiccreditors, and cannot be vlolat. ed. The Interest on the bonds cannot therefurg be pald in irredecmoble notes. If gucy notes were receivable for dntles, (ley would bhave to be eold by the Gov. crnment to the brokers and speculators for whatever they weuld give for them In golg, and these sales of tho trredeemnable notes would fix the value of the greenbacks. It has never been explained how recolving greenbacks fue dutica and sclljng them to the speculators for gold would Imptove cither thelr value or thelr stability, or what the Government or public would galn by the operation. 7 - Exceedlng Joy reigns In 8t. Louts because the Governor of Mlssourd has pardoned a conviet on condition that he will méve to Chicago, anda local paper thinks that all the convicts in the State might be profiteblyppardoned with the same understanding. Such o course wonld specdily Invest Chicago with about nine-tently the population ot St. Louls. —————— A slight mistake crept Into ourtelegraphic an. nouncement yesterday that o satellite to the planet Mars bas been discovered through thy telescope at Washington, The dismeter of the planet 1s only 4,000 or 5,000 miles, and that of the satelllte can scarcely be more than 100 miles, ~—it may be very much Jess than that, — e—— The employes on the Frie Road who threw down a lighted candle, agreelng to strike if f weat out, or stick to work I it held fts flame, saw It go out, and are now hunting around fora little fat to greasa their frying-pans. — ————— There is a clearly-Jefined suspicion that all the stinks arlsing from the Town of Lake do not come frown the rendering-houses, but that rome of them arise from thie rotten Board of Village Trustecs. ———— The question ratsed by Mr. DaviD A. Wetts, Is a debt property 1 Is exciting considerable at. tention among m large class of people who uwa 0o other kind of estate. — New York detectlves are now convinced that Cranuer Ross murdered BNJASsIN NATHAN, and 18 concealing himself to eacape the conse quences of his crime. 1t may scem strange to foreigners that a Che cago yacht-club race should so closely npproxi- mate n prize-ight. But Cllcagoans are ac customed to It. e ———— PERSONAL. Mr. W. R, Greg writen in the Nineleenth Certury that Harriet Martineau's autobiograply has given more paln than pleasure to a Iarge nuw- Ler of her friends. The Hartford Courant remarks with dig. nity becoming its age: **As early as 1772 ue published, " etc, This 18 an Instance in which age is respectable s well as vonurable, Mrs, Fannie Hodgson Burnett, tho author of **That Lass o' Lowrle's," s at work upon anew novel, which will appear ln Scribner's Muqazine, Bhe will alzo have a short etory In the September nuwmber of tho ssme magaaine, and her husband will contrlbute a paper on **The Use and Careof the Eyes." ’ Gail Hamilton, in her letter of last Batar. day, writes: ‘*All the reasons I shall bring for- ward to Justify this question are circumstantial, indirect, involuntary, and theretéte more valuable than direct teatimony, which may be supposed to Le Ulased by desire or arcad of consequences.* ‘Tne New York Post belleves this is strungy doce trine. Col. Nicholas Smith, who mnrried Ida Greeley, has been arrested at Chappaqua for saulting ona of his nelghbors, The person beaten by him was an eplleptic and In feoble healtt; but Mr, Smith was not acquainted with tiicas clreume stang and ho bad suficlent provocation to un: dertake the whipping of an able-bodied man. Mr. Joln Morley has reprinted in his new volume of **Critical Miscellanies" his ewsay oo Macaulsy, e has sdded o note in which he com pliments highly Mr, Trevelyan's work In connec tlon with the blograpby recently published, and rejoices that the essuy was written before the blography was published. **Un reading my ver again,* wrltes Mr, Morley, * [ am d to find that not an eplthet ne Le sltered, 80 independent is oplnion of this strong man's work of our esteem for his loyal and upright character.” 'I'he Rev, Asa Dodge Bmith, lato Presidont of Dartmouth College, was born'at Amherst, N. i1, Sept. 21, 1804, and graduated at Dartmouth iu tho class of 1830. After pasalng throngn Andover Theological Seminary, bo served In the Presby- terian winistry twenty-nine years, resigning In 186:) to accept the Presidency of Dartmouth, Iiis pastoral churgo was tho same, exceptas :h\nzfld during the entire by consolidations and removals, period of nls service in the minl was 8 man of imposiug prespnce s stralght as an arrow. 1o was married In 1833, and leaves a widow and 8ve cluldren, ¢t A Plain-Diner " writos to.the Loudon Timesa: **In myexperience of & quarter of & century, and belonging to three clube, dinners st thewe have gradually declined In quality and rleen in price, untll now there are very few clubs lo London where there fa really elther 8 very wood dinuer or good service. The ides that men dine at clubs eliber lo gorge themselver or to indnige lu dishes they cannot get at home, or to drink fino wines, Is almply & woman's mistake. Unmarined men dine st clubs habitually because they have 6o catablishments at home; married men when 1t 1o inconvenient to dlue at home, or when In Londor without 8 kuuse Io town, " Fifteen yoars ago M. Francols Bravay was estecued the richest man In Parle, and bLis profs- slou aud displey cqualed tho storles told by Dumas of Monte Christo. Hedled In poverty and biind: ness a fow days alnce. (llis fortunes wore mud it Egyol, where Lo jmmigrated as a cobbler, and lived to grow richas & faveritoof the Viceroy. When e got tired of Imitating Monto Christo be retired from Parle to Pledmont with s fortane of 43,000,000 (raucs. An Italian lady was hils coui- panion, Sbe hada maniafor wpcculating on the V'arie Bourse, and gradually reduced him to pover: ty. He dfed, as olready relatad, destitute andals wost starving, having Arst obtaincd permision to establish Bimafif as & waysido Bartimens. Prof, A, K, Btrong, of the Rochester Theo- Togicsl SeminAty, bas collected statistics coverlog s period of balf acentury. DividingiLatperiodinto fve decades, roves that the average uumber of candidates for the ministey iu Yale, Willlams, Aw* herpt, aud Hawmilton Culleges, snd Hrown sud Hochester Unlversities, durlug the first decade, wad 46 per centum of al} the studente fn_tbose tntitu tione; while the ‘average number during the list dec was only 17 per centum. ile attributes 1 this preat cocreaso In the number of young clerer. wen to the secularization of ovur colieges. to the lack of s clear fnalght juto the doctrines of tbe Gospe], nnd to tho waterislism of the age. “Richard Grant White hns discovered that ++Lalldozo" issnold English word, beiug found 's +'0!d Playe," Mr. Whbite malo® tains that (b otial part of the word Is active, -irausitive verb to i* dozo ;" the plv-':: ++bull" is ooly ou iotensive particle, the wo! 4+daze" belng the part, if sny, which isan Amerl- canlsm, Mr. White thinks it probable, Lowever, and makes it sppead to be probable, that the verb to doze wps in use fo England fa the Blhnflllllfl aveins sense almost exactly the same astlatlo which it is used in Louisiaus. The pusssieisst follows: Sieush Buckler—~Bilvo's the Wond—— = e, fovaiit hath be ke toooltet, | friend, e spell Lalh lost Ars. ) L cur il rots the streets will turi 1 S e e =T lsart sBalldoit, 048 CAN YR Or {u plalu terius L' 4 pri AR ot g vag Kalfe