Chicago Daily Tribune Newspaper, August 25, 1877, Page 9

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THII CHICAGO 'TRIBUNE: SATURDAY, AUGUST 25, 1877—TWELVE PAGES. SILVER. Letter from Thurlow Weed in Fa- vor of Its Remonatization. The Objections to a TDouble Standard Not Well Founded. Toth Forelgn and American Bondhold- ers llave Been Munificently Rewardeds Tho Argental Wealth of tha Country Should Be Applied to Its Proper Usa, Bpecte-Payments, Without the Use of Bilver, Will Bo Indefinitely Deferrad. ‘New York, Aug. 15, 1877.—To the Xdilor of the New. York Tribune: The discussion of b silver question, as I hope and belleve, pro- gresses sstiafactorily, Thestrong positions taken 1y the advocates of the allver atandsrg have not beenshaken or weakoned by Its opponents. The fact that the Constitutinn desiguated silver ond gold s the legal currency of our couatry, nu- thorizing Congress to determine the weight and value of coins, and prohibiting the States from making sanything but sliver and gold legal standards, 1a neither denlod nor quostioned. Nor 1 tho further fact that the laws of Congress, from the {nouguration of the Government, with unlm- portant cxceptions, provided for the payment of principal and Interest of the public debt in coln, denfed. Nor will it be asscrted that thero fs mny .constitationsl power to Im- palr the obligations of the contract which entlles the pablle creditor to the payment of Tits debt, principal and interest, Yn siiver or, gold. So clearly Incontrovertible 1s this point, that, If tho Becretary of the Treasary should tender pay- ment of a debt contracted befora the law of 1873 1n siver, and the creaftor rofased It, the question, §f carned to tha Suprems Conrt of the United States, woitld be decided In favor of the Govern- ment, on the gronnd that BVEN CONURESS A8 NO POWER to Impair tho obligatioh of the contract. 1t 1s not perhiaps to bo regretted that the con- sideration of tlie bill remonotizing silver, which assed tho House of Representatives by o large ma- Jority, was postponed by tho Bcnate. The merits of the question will bo bettor undereload when Conaress reassombles, Thoso Sho saw resump- tion ond prosperlty fn the mnear future, by n repeal of the law of 1873, will not long bo stigmatized as ‘*‘mnflatloniets,” We are enjoying, in tho subsldiary sllver which has quletly taken tho plsce of paper stamps, a gratify. Ing instalimont upon tha full measure of tho bless- ing which a return of the silvor doliar as & legal. tender will confer upon the people. And yot theso belght half and qusrter dotlars and dimes are held Ly the ndvocates of a single standard as parts uf & policy calculatled to debase the curreucy. Moantime, the one-etandard theory, casion Drogressed, grows weaker. The ard advocates, until their positions had been ven- tilated, careled every® thing by sturm. 1 have carefwily examined thoir side of the guestion. rriment {8 narrowed down Lo tgo polots, frst, th Latin _Government {nsista standard {s Inconvenient; Amorica_produces_too much na Northern Rurope re- u the adoption of agold strndard. 1n the :}mn of civllization, and for many encceoding con« taries, thora was but & slugle standard, and TIAT BTANDARD WAS SILVER. *48liver s boon a mtandard,' in the language of @ distingufshed statesruan, ‘‘since the days of Abralan.” 1f, during tha last thousand Em' a Bingle standard had been deemed agvleable, tiat standord would have boen silver, The law of 167:) demonetiziug stlver was quistly out akilifally worked tlirough Congrees, ‘Thoe purs vose and olfect wers not undorstood by one out of five of tho members who voted fur it Nur, untll thls discussion commienced, was the existence of such a jsw- known to any considorable num- i that ond, ber of our cliizens. it was paused simply to prowol tho interests of the bondholders, usurers, and wpeculatora ln‘fvh. Jta cflect hav boon to cripple induatry and oppross labor, ‘I'hery secms in the minds of tle advocates of the gold staudard bat one interest entltied to public " canaldorstion, must yicld to the beudholders, awount of loss or sullenny roaches other iutorests and other clussce, the bondholder must be pra- tected, The bondholdors are not only wards of the Goverament, but epjoy ilie sym- pathy of the pross, Every other departe mentond branch o1 bueinoss may suffer? * Labor may seok in vain for employmani, but (he pond- holder must bave his inierest in gold, which l«:mullnlaly converta fnto greenbacka at a pré. whim, The vigilance of the Gosernment amil the prees 1n thelr dofonwe of the bondholders snyiresta an n- quiry which ix certainly pertinent, and may poss - Vly prove nseful. Foreign capitaliata naturally TOOK ADVANTAGR OF OUR NECEESITIES durlng the ltebelllon to parchaso our bondsat a low figare, 1n November, 1842, gold sald at, 1n January, 18, gold Lrongh 0 Febroary, 166 wold brought,, n Mareh, {861, ol brougnt. In Apell, 180, gold hrough 1Ay, TS, EO13 brangn pwisd, in Jaly, 186 guld wroushi. stold brought. 14 raugt 1, gold b 0 October, 1863, wold broy n rought, n Janusry, 1204, guld brough In February, ING4, gold brought.. in Marc] H'M.IKO%IINII h n April e, sold bruaeht }IIJ' 4 b , k014 brought. nJune, 18 4, gold bronaht. In Juiy, 1601, gold brought., 0 August, 18G4, rold brought. n Bentember, 1804, Eodbron n Octoher, lw» d brought. In November, 184, gold rougli In December, 1804, gold brought. 1n 1805, 1800, 1807, 1808, 1 avoraged 170, 1t was during pression, whon tho fabulous premiums on gold opened the purse-stringe of naurers, that Amesl can sccuritles found purchasers in Karope. Our bondw, therefare, were purchased in Earope during thono years at pricce alternating between 30 and v cents on the dollar, Simultancounaly our own citi- zens wera subscribing for he 5-20 loan at par, paying for theie bonds In greenbacks. Snb- scguently thess bonds, the Interest and principal Deing payable In coln, rose in vaine to the cuin standard, cnanging in yaluo os the preminm on gold chahged; never, however, until recently, faliing below 12 por ceut. Fur twelse or more ears, therefore, tlo forelon bondholder hus Taen” recelving "G ' per ' cent annually in gold on overy 81,000 bond, for _wiich = ha ald #omewbere betwoen 8300 and §5300; while tho American’ bondlioldors, receivini Thelr G per cont intercat semi-annsally in gold, fin- mediately converted theirgold fnto greenvacks at a premfum of from 1:2 (o #0 percent, In A scsson of financlal embarrassment Goverument stocks foll comsidarably below uar. Our banks. trust companies, sesing inatitations, and capitalists vailed themsclves of that opportunity to Invest Jargely, ~realizing, o year or two ufterwards, be. sldcs their gold interest, from 25 to 40 per cnt roit. The stock of onc of vur city banke rose a Pall100 per cont in conscauence of the money made by that lustitation Ly Its lurio and lncky vur- chaves of Uovernment Us. 5o for, therofore, ~buths the forelin and the American bondholders . HAVE DEEN MUNIFICENTLY REWARDED, Dat thisis not sll, The Londholders have had a **good thing" in tho way of ‘‘usance.” I have not been ablo to learn what proportion of unr nationsl debt s hold by Americans. 1 wo asanary the amount thus held tu bo 81, 000,000,000, and that (e gold Inorost hee during the lust tivoive years averaged Uper cent, the bondhalders who rompily invart thalr, gold Intoret Into green. Packe Tiuve pocketed tho banduoine wun of ,400,000 annunlty, making in twelve years 03,800,000, The foreign bondbolder wha ree Jnvested N8 gold intereat in Amorlcan accurlties sras correspondingly betietted. n view of thoto facts, will it bo safd that we are dealing dishonest- 1y, incquitably, or Hlllborally with the Qov. ermnment bondholders, by maintaining that they should be paid o exact accordance with the terms upon wiich they fosped the Government their money, Nor sbonid it be fors atten that, durini these weary twelvo yers of fnancial dorangement, capital vhich *+tojle not s haw buen squeezing thicso Pflm promiums out of labor, _Yos, while capital’ **fares sumptuvnaly evory day,” millions of laborers bavo weat upon land and ses to ID[I 50 & clasy whoso cearcleas cry hesa onerons uud remorselcss remfums, In the weuorablo langusge of President Jackeon, MAEB THE RICH RICHER, AND THE POOR POONER. Untll 1840 tho_United Btates produced liltte or 70 silver. 1n 1840, in the lufancy of our mines, tholr product was estimated at £1,804 atorling, Thencoforward the developments woro mpld aiid rich; so much sa that in 87 the United State: est ailver-producing country in een by the foilowing estimate remin; gold ’H‘"‘ years of de- Austs Monarchy.. 1,000, 000 Great Briwain sud Colonies. 1,000, ) Uanada D03, 00 Ttaly (i 5,000 Troi BLO.OX) Bwedon'snd ‘Norway. 23,1 Tot And 4 tlon commenced, While for t¥o ceuturics neither silver nor gold was B;flflllull in our country, wo gratefully accepted th frum ubruad, & Tho mingral wealthof Callfornia was developed tmmodiatcly after that Territory was ceded to tho United Htaies, ‘Tho scquisition of that Territory, ‘with the immediate discovery of itwtreasnres, was olike scasonaple and aueplcions, It scomed as if this vast deposit of gold and silver had been provi- deutially reserved until it was most needed, and then 0 dispensed o8 to promote the prospority aud Lappiness of tho American poople. But uow, be- cause Latin Governments have dibcovered that a donble standard s inconvenient, shall wo . VOLUNTARILY IMPOVERISII OURSELVES by rejectinga boon which hasleon so long held precious thronghout the world? The fdea that sil- vor whonld ceaveto be a standard bLecauso our niues are too pruductive, Is unsound, Silvar has ynrious other us ‘there is an uniiinited demand forit. 1t entors largely Into the domestic requi ments of civilized roclet, 1t constitutes a laeen proportion of ‘the decorative habits and taxtes of the In_nnelent thnes [t was o abnndnnt that Polybine puge the tites wpan tiie roof of the temple at Kehatana were of solfi nilver, and the beama and {dll. f the temple wera cosered with piates of allver and gnid. Not then, or in the days of King Soloman, when It is ®aid to havo been still more plentiful, did silver ceane to be A atandard, American Congress to & Taw demonellzing aliver, and for tho American presa (o maintain that the payment of our national debt npon the terms agreed to between the borrawer and lender a ** rapudintion, ** Tallnded In & former letier to the fact that gold as & mediumn of corrency haa no international conr- acter; that even between England and France, di- vided'only by a narrow channel, there fa no_com- mon gold standard, glish and the French gold " cofne bear “*aupi rempective goverelgna, An rtricted n thelr circalution r ro- spective _countries. English gold colna that come to New York when the balance of trade 1s in onr fayor go not into circulation, bnt remain tem- porarlly, of go to the mint for recolrge, - Nor do any of the American gold eagles or haif-cagles, ex- orled tn England or France, enter Into the circus ation of those conntrles. Until the Latin Gor- ernments capriciunsly domsnded & aingle standard, BILVER COIN BNJOYED AN INTERNATIONAL CLIAR- ACTER. The Spanish and Mexican dollara formed o part of $ie circulating medium of England, Karope, and America, and were almort u“luulvelfl the cur- rency of India, China, and Japan, “Bot now, without any public necessity dt for any reason af- fecting the rigbts of notions or the welfare of peo- ples, wa aro arbitrarlly required to discard a inonetary standard with which the whole world 18 famlilar, and which has furnished facilities for conducting the varivus business Interests of all the nations of tho earth with convenlence and snfety fornore than twenty centaries. And, as Thave befora wialed, the wrounds upon which thia demand s made, stripned of verblage, are: first. that a double standard Is inconvenient; and, sccond, that America s tao rich §n stlver, Wili it be seriously urged that the objectionn are enfli. cient to bepuile us into 8 betraywl of vital intereate,—intcrestn protected by our Con- atitution and wd? The ~embarrassing snd mortitying circumstance fs, that {ihe presstire comes not 8o much from aorond as from ourselves, In 1873, Congrees, with & vory {mper- fect understaniding of tho question, pasmcd s law demonetizing sliver. And now, with a better knowleige of our day And intercsts, whedt the ro- peal of that law {n demanded, veherent snd de- nuacistory oppasition is niade’ by the loading and most inidential journale of our cliy! Toe aivo- cates of uconstltutional carrency Incur the vame reproaches and opithets applied €0 those who are avowedly In favor of an {rredeemable paper cur- rency, ifor Insintinge upon the paymest of the pab. Hic debt in tho preciwo carrency *¢ nominated in the bond,* waare tippantly siymatiredaarepudiatare. This gratuitoun tmputation will lose ita power ne 1t was reserved for nn 2001 a8 silver (8 restored ta its proper une, . Both ¥old aud ativer wero_valucless 26 nioney until thoy were*mado ** preclous™ by Quvernments, The miinty, anaer the direction of Congress, can make the gold and silyer dollar of cqnll1nlrlll!lc value, With all the artificial disadvantages under which Miver Iabors, 1ta relative valoe to colil is constants 1y approxtnating, Tho imwedlate effect of fis re- niwnelization will be to RESTORE TUE EQUILIBRIUM TIAT HAD EXISTED YOIt CENTURIES. Among othor devicew against eliver, it 1s sald that its remonetization will su serlonaly affect our onz _crodit ubroad that foreigners wili send our bonds homo. It fsfo be huped they will do so. Wo shall be ready to {nke all théy will send. Antetlean eapital now secking investment at i, 4, and 5 per cent, would yladiy Invest their millio: s In Governmont 6'a at par. Wo linve lived throogh sixtcen oventful ‘yesrs, 'The magnitude of our cil “war fs . without a parallel. The cfforts to dissolve ths Unlon coat tivers of bluod and miltions of treasure, but those sacrifices did not *'teammol up the conso- quences, ' ‘I'welve years of financial t{:nnzamenl and ofticisl domralization ensued, leavingto-day all the business Intorests of ourcountry eitlier standing wtiil or grently depressed. We have been looking forward anxiously to a resumption of soeclo pay- incnts as our best. surest, and epccdisat means and hape of rellef, That hupe can bo fully realized If we avall onrmclves of the right to pay onr debts tnsliver and gold, n accordance withoar cnntract, liut, if we voluntarily, bilndly, snd reck- 1eesly throw away one-half of the money power so eavential to resminption, that promlsed boon, it js %0 ba feared, will be indetinitely deforred. On the other hand, If we accopt the means Frovklence has pnlllvlded in our great need, the country and paople wil 800X REJOICE IN RESUMPTION AND PHOSPERIY, Practically, the Governmonts whicl’ have ex. pelled silvet ars not bonofiied by Ite exclusion in thelr eurrency, Germany, with hor singlo tandard,” and with the gold oxtorted from France, wax nover In Tiesumption as At es s an sbaorblng ond D It. vitally concerns the tho peorlo and the homor of 3 1t whould be aided o every practicable way by the Uovernment, the banks. and the people. Congreas, If 1t hod not been incompotent or indifferont, could hiave, as Cangress did - after 0 War of 1812, dano wach to fuctiitate resamp- tlon. A return to spacle payment can bn made ¢asy'or hard, —easy by Inwpifing confidence and unfon. or bard by exclting distrust and do- nunciation, Rosumption {s & notlonal quew- tlon, and should #0 conducted os to unito (1 sectlons, all clusses, and all partlos, Paper monoy s an indisponsntle r. Indood, we are fxr more Inrgoly gs," na it 18 now ko fashion to ank-notes, for our national prose pority, than miver or gold. " In ite most doprociate ed condition, papor money eubalsted our foro- fatlicrs during tho Itevolutionsry War. Papo treteil by the nue of pape mioney. money_earrled our. _coantry ngh the ws with Pugiand in 1812, Paper money o nerved our Government and Unlon. Withont e shonld proer money from 1770, to 1N have marle a poor show at the Philladelphia Centen- nial. “With a metallic enrreney onr progres wonld have been very tardy. ‘Fhs forosta wouli not have disappeared, “nor would villnges and cltien hnve grown up with unprecedented rapidity. Al our own intereata, all our industrics, and afl'one fnsti+ tutlons have been eheritlied, sustained, and pro. With nothing but '*hard money om the Lnndmz of the Pligrims, we shodld have had nothing bot bard timee. Taper, AS THE REPRRARNTATIVE OF SILVER AND GOLD, was enabled to work ont enlightcned and munld- cent ealerprises d objecta conferring wenlth and happiness upon onr people, and imparting Atzength 1o onr Governmentl Wile, therefore, paer i convertihlo at sll times and places into coln, bank-notes_are just as valuablc us the precious metals, The ° great purposs and object of resumption I8 not 80 much to bring gold into circalation as to restore tothe bank-notes their convertible character. Gold fs pamsive: paper acte Ive. Gold worka out 1ta missioi In vaults and cof- fel paper courses like blood through the veins and arterles of buainens, from the extremitics to the heart of tho nation, Imparung strength, vl&nr. and health to the whole body. T. W. e — SPARKS OF SCIENCE. WILD-TURKEY DOMESTICATION. Popular Sctence Monikly. 3 ‘The following observationa on the hablta ahd domestication of the wild turkey we take from' a paper of similer title by J. D, Caton, publlshed in the American Naturallaf, Mr. Caton commenced domesticating the wild tur- key about ten years ago, his original stock hav- Ing been procured from the cgea of the wild hen; it has been twice replenished in tho samo. ways: Tho young blirds from the wild turkey's ewges, when brought up in close lotimscy with the human family, become very tame, but they are afrald of strangers, and when anythiog ex- cltes their suspiclon they take wing and are ofl like & flock of qualls. Tho young turkeys breed freely when a year old. Mr. Caton is nofr ralsing the eleventh generation of the domes- ticated wild turkey, and says that tho broed las not doterlorated either fn slza or i reproduc- tive powers, But they bLave changed lu form and fo tho lungth of the lews; the budy s short er and more robust, ard its position is more hor fzontal. As re| color but lttle change was obscryert {n the ol second generation ; alter that, the tips of tho tull-feathors and tafl-cov- crts began to lose the soft chestnut-trown ol the wild turkey, and to become lighier; the changeable puipic tints of neck aud breast assumed & grecnish shade; the bristles on the naked “portions about the head became more sparse or altugother disappeared; thoblue sbout the hend and the numo of tho wattles bocame Uright rod; the pinkish red of the legs becams dull or changed to brown. ‘These chmuges of color were scen in the first year of the burd's growth, but In Its sccond theso marks of degeneration would in most {udividuais, especially the cocks, disappear, and the plumago would show the thoroughbred wild turkey, Each succeoding generation shows these chnmfu to be prooounced, but each ycar as the bire grows ulder the shades of color of tho wild K:m:m. become more distinct. But Mr. Caton u8 liens now three or four years old with brown logs, and on whose feathers the white has very conslderably superseded the cinnamon shade, and he {s sutisticd that witbout a fresh intusion of wild blood in tho course of fiftect or twenty years tnore but few fudividuals would show tho distinctive marks of the wild turkey to any con- euderable extent. - N The Labits of the wild turkey are nutso nl{fldl changed a8 the form and coloring, still they tou change, Tho wild turkey cock Ly tho time ho is b months old “seeks 8 perch well up In tho largest trecs in his range, and ns he_grows older ne s disposcd roost higher and higher, till he ls frequontly fouud ot the veryapex of the tallest troes. This habit s scarcely {npaired by domestleation fn the second and third geucrations, but after that the birds grow less and Iess ambitious of high places, till at last they come down o about the leve) of the domestle turkey. The timidity characteristic of the wlld turkey is cradicated very slowly. When the wild turkey in the for- est voluutarily leaves her uest, sho ‘always cove ‘ers It carefully with leaves, This Is dono with less caroby the first descendants of the wild hen, aud each succeeding genvration becowes more careless in this reapect. ANTENNZ OF INSECTS. In working on the problem us to the use of the attennm of insccts, Mr. L. Trouvelot, na be states In tho American Naturalist, produced a large number of butterflics of Limenitls dinppus, and with about s dozen of these teated the truth of & statement to the effect that o butterfly de- prived of its autennw, on belng thrown up Into the alr, falls lheavily to the ground without soreading its wings. All those "butterflies took flight, but there was a certaln hesitation in thelr moyements, Tho author next carcfully covered with thizk Indian-ink the eyes of several individ- naln: when this coating was dry they were allow- el o go free, They could y, and, though bllnd, avolded hurting tiemnclves by dashing sgalnat any hard object. Both antenne having heen cut off fram a Wiinded butterfly, the insect when throsn up fell heavily, Annther butterfly, tlinded and with antennm removed, was sct ot ltherty on a table, Then with o small brush o drop ‘of swcetened water was held near the mouth, bead, spiracies, ete. The Inscct re- malned perfectly atill; but, when the stumpsof the antcunre happened to be touched, it un- rolled fts proboscis and scarched for the sweet Hquor. Tho next fnscct was treated like the last, save that a dropof thick guin-arable was allowed to dry on thie stumps of the antenne. The Insect conld not uae Its wings, and was in- sensible to the touch of sugar-water on the scaled stumps. Experfments showed that [ne sccta deprived of thelr antenne donot copula! The suthor noxt vut off the antennm of an and then let them go free with their comrades these mutilated ants did not secin to recognize thelr fellows, nor did they folluw the same path, but kept moving In a ércle. The author, summing up the results of hia cxperimen! suya that the sense located In the antennw fsnot nerely that of touch, hearing, or taste, nor a combination of all thess: {tappears to diller essentlally from any ot man’s sen: 12 a is- ' kind of fecling or smelling at a g‘uut tance.” OUR DOMESTIC METALS, «Fho statement is made by Prof. Robert IL Thurston that this country has for yeara been importing’enst-iron, while domestic products of equal and even greater Intrinslc valuo sell at lower ptice. Uther simiiar {nstances of unwisdom are cited by Prof. Thurston, as, for example,” the fact that we are importing boller-plate at 11 cents a pound, when we can purchase American stecl, vastly superior in ali respects for the speclal purposes to which the former article is applicd, at cight cents, Awvain, we import vast quanti- tiua of forelgn steel tools, when at Pittsburg and clsewhero we make steel fully its equal, In New England and Pennsylvania we have ores from which is made the finest cast-iron ordnance in the world. In Ollo we make & metal for car- wheels such as is uever scen in Eurupe, and of such tenacity and elastieity that forel:m en- gineers listen incredulously when it 1s desceibe.d. Our Lake Champlaln ores make an fron fully eyual to Bwedish for conversiun fnto steel; and around Lake SBuperior and in Missour] we have deposits from which vomnes Beasemer metal fur superior to thu phoaphoruscharsed metal we umport, New Jersey subpllea us with zhe: whicl meets with no competition us a purs metal, and which can he used without purlflcation even for chemical purposes; and our native cop- rm— is absolutely freo from admixture with njurious cluments. It Is thne that these facts 'should be known, aud that the people should disabuse tRelr minds of the idea that beeause a commodity Is * imported,” it {8 of greater {ntrinsic valuo than a domestic product, SILK-FABRIC DETERIORATION. The complalnt {8 frequently heard that the sflk fabrica now manufacturcd are by no means as lnsting as similar fabrics manufactured twen- Ly or thirty yearsago. That this complaint is Justified tho Warehouseman and Draper admits, and then points out the causes of the detoplora- tion. Adulteration ot silk an a large scale, and systematically, began elghteen [{:urn 2570, 8000 alter the slik-worin discase bad mado its ap- pearance in tho allk~producln;§wunlrlu of Eu- ropa, when raw silk rose from 31 and 22shillings per pound to as much as 60 shillings. in order to koep down the price of the manufactured oods, forcign materlals were Introduced, and hess werg often in cxcess of the sllk, It ‘would be curious,’” says a writer on the subject of * weighting ' silks, * to follow one pound of Chinaor Itaifun alik through ita varlous processes In reachlog o silk dress. The silk is sent to tho dyers, and the flrst prozess Is bolllng oft. All silk'In its nutural statc has a certaine amount of gum 1o it; this must be boiled off, aud, when this is done, sixteen ouncas arc re- duced to twelve, It isthen dyed black, aud the process of welghting commences. The twelve ovunces is sent to the manufacturer, varying from twenty-tour to fifty-two ounces. I huve to-day scen silk dyed and weighted [u Lyons up to fifty-two ounces. Very large dye-works ex- ist in L.yons for the purpose vl dolng this busi- ness; and it is done to perfoction” FATALITY OF INEBRIETY. In an articlo on the *Duration, Mortality, and Prognosts of Iucbricty,” by Dr. T. 1. Crotbers, published lo the Quarierly Journal of Inebriely, we are informed that the mortality of this discase has been estinated at frum % to 03 per cent, or less than Jour per cent of recove eries, Under treatment in asylams tho lowest estimate has besn paced ot U3 per vent, and from that up to t3 per cent. This excessive mortality Is due, according to Dr, Crothers, to_profopnd degencrativns, pro- duced by alcobol, and tho pecullar con- ditfons of low vitality, impalred and pere verted coll-action, commoniy preceding th disnrder. The Inabriate ts lterally In_ 2 toxic Mtlon, o swhbi b all the organs are both un- duly dapressed anid exalted, or In o state of peided nctivity, burdering Upon paralysis. The murtality of the inebriats {s further fncreased by the [avoring conditions which bring on In- flamimnatory affections. as cm:umonll. pletirisy, and new subsidia extent of &35,000, while increased during’ 1873 to Staten. coin appears to be out to the the balance may ba 1874 In the Pacific The sama differcnce between certain estimates and actusl facts turns up with regard to tha stock of Ide of tha old In the country, Ouf astritis, discases of the kidneys, ete. Besers | ayoun hodily injuries, 100, have pencrally a fatal on”gfiefi'l’ffiaf":ff{’ L .lrllaesr:hc:::mmfl termination in incbriates. The extsting degen- | mach gold In clrculation, — the banks eratlona seem to ntenalty thc lesion and its ef-«| and bankers holding mostly gold certificaten Tect, and reduce tho resisting power of Nature | According to my ldeas, there {8 $175,000,000 mintinum. The fatality of tnebriety I8 in- gold .,mf.uur now in the entire coantry, of 8 Ffllnu, and {ts complications aré Lecomlog ore profound and general, LETTERS FROM A MERCHANT, Stocks of Precious Metala in the United States and Elsewhere, v. To the Edltor of The Tribume. NEw Yorx, Aug.106.—The Finanelat Chroni ¢le, of New York, in its No. 629, July 14,1877, has na article entitied, ** Will Our Kemonetization of Silver Restore Its Value!"—denylng inthe abstract such possibility. I have been anat- tentive reader of the Chronlele for & number of years, and have recommended ths' ps- per to friends o varfous parta of the world a8 a faithful exponent of American Interests; consequently I cantraly say that I bLelieve, as a genersl thiog, Inita writings; but, as far as the sliver question and resumption of specie-pavments go, I cannot concur with Mr. Dana in every particular, Dana overrates the actual stouks of precious metals to bedrawn upon, andunderrates, inthe silver questlon particularly, the inluence'of tha United States. In Decemberof 1ast year, tha Finanetal Chron- icle published an artlele showiug that the United States must bave an_actual inerease of precious gleuh of $5,000,000 compared with 1860, even fter deductlug 85,000,60's year for cousump. tion in the arts. Mr. names expressly 2,000,000 gold and $3,080,000 siiver aa such yearly consumption, according to his Investiga- tionsof thocensusreport. Itstruck meatthetime o8 hardly conalstent” with the general appear- ance or probabilities of things that there should ve an Increasc of metallic monctery stock in this tountry compared with 1860,—a time when tha entirs inonctary machinery was still based upon convertible bank-paper, however poorly such puper inay have been protected by precious wetal or coln, It witl be remembered that, about the time when Mr. Dana's articic appeared, sliver had taken rapid strides upward: and It was asscried by many that the Nevada miners hod retalned large stucks of sliver, in_ anticipation of favora- ble legisiation by Congress. Exports from the United Btates since have proved that such was not the cuse; and, if the Chronicle, in fLaarticlein No. 620, aain agscrts that we have 855,000,000 {ncrease, uf’ sl ver only, since the beginning of the fiacol vear 1573, T deem it my duty to call at~ tention to it that this is o most serious mistake. Mr. Dana evidently underrates the consumption of the country for otlicr purposes than money of_botls metals, gold and silver, It 1s almost fmvossible to form ‘an approximats eatigate of what such con- sumption may rcallv lave amounted toj but, ws far as " silver s concerned, i figure under tho premises that, at the begin- ning of tho flscsl year 1672, when the price of that wmetal was still full, and, on the other Land, contidence in the ultinate safety of our currency fully establlshed, no siiver of any con- sequence cun have been in clreulation outsideof the Pacific Statea and Territories and a fow fron- tler countics In Texas—as follows: Production from tholst of July, 1871, 1o tho D1at of December, 1876, ace cording to the Mnaancial Chronicle. $177, 000,000 Imports during the ssme period.... 40, 000, 000 Total su ‘)ply.. aens. $226, 000, 000 Againat total exports during the sam: Period cus sree % v ++ 108,000,000 Apparent Increase in five and s half $ 00,000,000 Of this nvparent increase, there b been colned, up to the 31st of Di cemoer, 1870, Into trade-dollars.. 18,000,000 Into otncr money 34, 400,000 $ 53,000,000 Together.. From which totsl we have again lo dednet oxports of coln, already o cluded In the above general exports 21, 500,000 Consequently, monetary increase :n.wo.ooT) And consumption for wanufacturing 26, 500,000 $ 60,000,000 Assuming that the floating stocks bad been the same st the beginniug ond at tue end ot thy periad of sald five and a balf years, 1 bave no exuct statistics since the beginning of this year, but somewhat more than hulf of the produition bas been oxpurtedy and the rest turned into subsidlary volu, * Our increase of sllver mouey sinve six years appe: therciore, to have boen 1u tho neirhborhivod of 840,000,000, agalust tho Chronlcle's £85,000,000 Tn three years, My fizures correspond atso with actual facts. Our stock of tradedollars was to- tally clear st the beginulug of this menth, ‘which perhaps $150, 000 may be in the paper P b ok eiiva” 10, maKe st osm. thRG It really may be; bat to make It appear more can region, decidedi not lead to any good, and any man who n:nl{fl desires and works for s sound specie- Dbasts ougl timates. e t not to encourage such extreme es- do not desire resumption to end in m?mu(ou. 1 I havo so far looked at our probable stock in this country, and thought of findin; ficlent compared with other catimates, it de- fncline to tho belief that such estimates regarding tho monetary stocks ot Europe are also somewbat overdone, Witn the exception of the Bank of France, thereare nowbere really large visiblo supplies; and I should not be surprised Il; t stoppage of our exports of precious metals would soon tell wpon these viridle supplies; consequently, any desire to demonctize sfiver might most cffectu- [ of resume in the next two uro| ally be stopped, even by our cutting off_furtber ments, wud a reasonable draft on the stock ‘would do the rest. Buch draft will be ncceasary if wa desire to ears, even upon gold and silver; while I cona(der 2 gold resumption ofa permanent character entirely mpoesiole, Under all rcumstances can wo usé our produce tion of silver for elghteon months to coma; wo draw only upen Europe for shipments made from California to the East and, tho li}mmklc will gee that A bid will tho allfer in Londoa before end of the yesr and remain so. Effectusl tneasures to retain our own production of gold nnd silver will, [amy opinlon, bring us pearer ascttlement of the silver question thau sny treatles, and 2lso nearer specie-pavments than lllalrllflchl financial tacties. It we proceed n u; wa v and sccumulate gradually, (¢ il be Ifttle consequence whether we resume officiall on the 1Ist of January, 187, or Jater. ‘Tho Treasury inay, from courtsey, pay specie azainst green- backs for a long titme before an oflicial resump- tlon will be safe; the Bank of France has for three years pald gold and silver without re- sumiog by law. Yet withdrawing bonda heid in Europe, and preparing for specie-puytnents, bardly barwonize, as every steamer leaving tha Knnul New York for Great Britain shows in igures. Yo 1 Mencmaxt, MY FRIEND. ‘es, ho's my friend, Although your eyes see now Al With cold surprise. You turn away ! With weil-bred grace, A look of scomn I T Upon your face, do not think ‘That you wonld dare "o place your hand, 8o white and falr, Upon the wo; B\?fl uching nl‘ze:d. Or kneel besldo Tho lowly oed. ut I would kneel 1nslleat prayer, B And ask God's love TnAlId watchful care ard the form, All bowsd and bent, And bearing pain With peace, content. Bolam road To ulrmm friend, And wait bealde Lim Ry F To the end 'hen close hie eyes With vml?nud prayer * ‘ot the sonl of Lim ‘That's lying there, Crana P, Donemvedan, ' Cmicaao, Aog. 14, 1877. TO MABEL B, ON HER THIRD BIRTHDAY. Just three.years ltl:a r‘: Auguat, Al ittle babe was From the sheltoring care of Angels, And earthward she was borne, But loving hoarts snd williny hands Recelved the that the Bo thal Her homs beyond tho sun. 1s darl! A merry, romplng llitle spril l,‘tloulrf.rlyazfl and Enll hnn?nrnl'" m ke may coming years evolve A true and ioblc “’D’;nll- Cuicano, Aug. 17, 1877, ttle one, be has noverm., o' e 1ttle Mabe! B e ettt e e Bt g ettt e e e e i it L e A g i e et e R —————— A BLUESTOCKING. BY MRN. EDWARDS, Avtuonor *Ovont WeTo Vistr HEn?™ *‘Leant AWoxax or Pasniox, - ** Ancuis Lovriy," Erc., Etc. CHAPTER X, THE * LIDERTA.M ¥ilsa Theodora {s.thrown into & perfect flutter of surprise and sgitation on hearing of the sud- " den stroke of good fortune that has befallen Daphue. - Anfnvitation to dino on board a yacht,—a largo steam-yacht, too,~Maitre Andre, ship- ping hia potatoes at the new har- bor, saw tho Liberta enter the roads, und has already brought full particulars of her *ig and tonnago to Quernec. Quita {mpossible to say what au Introduction of tho kind may lead to. = + Although, as far us Introductions go," says ‘Theodora, ** I cutertain no manner of doubt ihat our papn was on terms of intimacy with the Jornlngham family, I recollect, ns though it were yesterday, hearing bim speak of them— Jorningham, was i, or~ Blenkinsop! somo nawme, at all cvents, of the kind—and in, bls youth there - was. a quostion, cven, of his marrylog ono of the daughters of tho bouse, Now, just to complete the chaluof | cofueldences, we must look up Lady Lydia.? Qo of Theodora Vanaittart's harmluss exe {ravagances Is an auoual sbilling Pecrsge; a volume, you would think, not much in request at Fief-do-ln-Reluo, and yot from whose columus of thickly-strewn dates, capitals, snd abbrevia- tlous, Theodora manages to extract the keenest futcrest of Ler existence, As long ‘as wo rewaln living human creatures wo ellng, of peccssity, to somu ideal of hap- rlnuu Miss Theodora’s fdcal to the ast will boa familiarity with Dukes, Londs, Honorables, aud nkuuw[{dge ol the rawilies uto which they may choose to marry. Looking up lier subject with the dexter tyborn of habit, her Huger soon rests upon the paze :!fil sets forth Lady Lydia Jorningham’s creden- ‘JorxiNouAM—Lady Lydla Tabiths, dauz, ol the Hixth Eard ot Kiililoe, born 1684, niar, Peter Georgu Jorninghaw, Eaq. - Aud then, the vital qaeation of arlstocracy set :tnlrlubc‘f :g 8 o‘t}‘:n nl,‘h nor one ?thhnw Daphne v 0 scmo of her approach. fug uldeur. ;l:in o ** Laphine wi oneof twothings," says Aunt. vsle, withheraccustomed trenchaucyt Y walk to tbe harbor, a natter of closy upon four miles, Witk the tuermometer at sovkuty-cight, or ride ber complexion's if Jean Maris has flolshed briso-ng the upper deld (Auut Hosle's ouzricultural phrascs e of & strictly composite order), and It Maltre Audre Las uo Detter use for the nftre, 1 shogid ldvghglht lrrlng-an." **'The spring-cart " echoes r Theod - most with tears. % Well, well—before Do?x'p‘l'c‘oll uoe's own cluss, I suppose, one sy to Vet aeot ot poreris, M e Juringans u daugbter of a cotton W inut Lirs the baroene, Lady Eydl wil Took ?u"&'{,‘-‘-“ spring-cart fn the lighs of an eccon- Accordingly, shortly after 7 o'clock; the Heo- Seutridity Loy ‘ready, befors the porch: Jean Yarle in his weetloj-louss black, Lisette, lhg stout old Normandy mare who does farws, o her Leat barn united work of balf a dozen pessant CBa, mb-nnn- 1s dressed (o & platn holland sult, snd ! “: dlraw hiat trimmied with whito ribbou that ey weans on Buudays ab tle village-churcn; . Moroment o little rosegay of cluve-ploks ‘uum 10 ber walst-belt. As sl turos to nod & 4 guod-by to Paul befors starting, Aunt Hosle Saunop but titnk—a now rowance ever Prescut before her wiud—of that eveulng, four f.fi' S Whew the girllab fgure ripped torth Fod d:fl‘u: ax u.nfim:u- twilizht, the girtish beart, ol Lhga save wrow, or do- ufs.‘:u‘x’n forth to mect liu oo 8 us w wmatter of certaiuty that le ¥ould Bud us vt u time," ubicryvu ‘A‘ueml: kalug regrettully at the conveyauce which s t Dbear her nfece Into the sacred nelzhborhood ot an Earl's daughter, marveling wistfally if an: oue could mistake Jean Mario Tor 8 gentleman's seryant out of livery! * Likeller than not Lady Lydta Jorningbam will fuvite sowe of our faus|) .10 sccompsvy them when lhu{ leave, and 1 am wanted oy a chaperon, little us I like the sex, 1 shall focl it aduty to go, Of cqurso one would want s yachting sult,” muses ‘Theodora. * But a dozeu yaras of serge at one- and-sixpence aud a couplo of pleces of this fash- fonsble white brald would not bo ruinous,” 44 Me go too,” crius Paul, with one of the fine intuitious of his age, connecting the word *uhuw with burut almonds. **Me go with Matnsey and the grand Mussieu blond, who loves Mumsey aiid little Paul.’? The groud “Mussleu blond s nowhere tobe secn when the spring-cart nud its occupants, hot, duaty, unanstocratic, reach ths harbor. In his place is Beverne, with a boat aud rowers ready. i',‘.b.,"“""‘ to ‘couvey Mra. Chester to the eris. Dapline jumps down, notbing ashamed, from Jean llnrluil llp o 5 L, S ide, aud, turning 1o Bir Juhn, asks 8t what time o fimnehpnrt{ that begins at ¥ is Tikely to fimel, Lisetto will not, of course, Lo takon out of Maitre Andre's stable aguln to- might; but Jean Marie, by Aunt Hosio's specinl ordery, 48 to walk {n from l-'h\(dolwlwmo 0 meet ber, aud—— **Jeuns Marle will do notbing of the kind," says youug Neverne quickly., Dinuer- parties on bourd yaclits never cowe to an end at. any stated bour. ‘On board the Liberta, 1 ehould say, they never eod at all.' wAnd I am to stay there for the rewnalader of my, uatural lifed Thanks,” ' You are to stuy there uutll you have had enough of the cntertainment, or of our enter- taluers, or both. After that Ishat! walk back with yon to Flef-de-la-Refne, It lles dlrectly between the harbor und ty hotel,” ¢ 'Fhirco Engllsh wmiles vut ot your road, cal- culate it which way you will.” [ never caleuluto ubout matters of uccessity, Mrs. Cliester. It fa hnpossible for you to return hiome at midolght, or later, with 1o better pro- tection than Jean Mariu's! " But Mre. Chester fs obdurate. Jean Murle shall awalt ber on tho harvor; Jean Murie alouy shall cacort ber back to Queried, be the hour of the night or mornlng whbat it may, ‘The least vain of women, the least arrogant 28 1o the power of ber own charms, Daphue, at heart, I8 & very woman still, aud the expericnces of C the laat uw hours muko ber shrink fron the prospeet of a lonely sturlit walk with Beverue. His mauner (after thres years' separation) of meeting Misa iard. castle, Lis looks, bls volce, a thousand of tho Littlo nothiugs which to lewiniug iight are the most fmportant tings in 1ife, bave awakened her toa possibatity of whichk, uutil to-day, she nuver dreamed. Aud, with all the horrorof a gencrous, simple nature, shie recolls from the’ barest notlow of Beverue's disloyulty. His Mking tor berself, {f It exist, must be routicss, & boyish fancy, born of acvident, that & week of abicuce must dlepel. Never by word nor action of hers shall this Uking be fostered I‘m love. She owes Blr Joun Beveras ove: d feels, podr b : mu w bis Lappiness! liis hly[finul must lfe iu truth, in hooor, in ddelity to his nlitfhud word; aod fwr part, the part of a devoted fricud, is to strengthen bilm in” these, cost what it way. And that it will cost her sometbing, certain lhur Leart twinges, o certalu jealousy as she looks furward to the timo whon Clemcutha will boall to him aod slie nothing, aiready wara her. They reach the yacht without adventure, and find Mr. Broughtol and Miss Hardcastle ite ouly "‘2".‘.’1"’ mw‘g:uu. et o cuusius are on deck, enjoying the evenin breezes aud tha solt art of dulllx: Eolhlnz, witl 8 thoroughness pleasaut to Lehold, Clementing reclines on & low deck-chalr, her dress slmple white—by wmple | naturally mean tle most elaborate complicativo of nnu{ln. Tib bou, sud luces that the hoart of clothes-artiat could deslre. Lazily she furls and unfurls oue of the big Spanisu fauns upou which South Ken- siogtan bas set the wrownlng scal of fasbion, Fellx Broughtou smokes 8 dellcutely per funsued clguretio ut ber fect. ‘Fheir tuoughts may be engaged on sentimeal scandal, suicue, —bruvably on paleoutologi: sclence, 83 13 thelr wout,” And eill, judging from the expreasion suund, Clewentlua's lips, e canuot but suspect that qofue lghtes inat- ter than common usy bave ta qutrunce, unawares, among the Tyro-Pheniclan or Meso- gothle strata atiout which they discourse, “Tho question of witether wo are to dine or not dine is dellizhtIully solved by your arrival,’ says Cousln Felix, as lie rises to receive the new- comers, *No ono belonglng to the Liberta, our hostess Include been heard of since the morning, but with o party of four,—all peoplo who suft each other,” adds Mr, Brough- tou, with his chicerful optimlsm,—** it would bo fully t8 think of walting, Aund so Severns met You on the quay, Mrs, Chester] I wus surs of it. ‘That {s wy luck. I nover yet got a happy open- ing In Ife but some cuergetic tellow or another has l'l;flfipltl In and utilized it Leforo my very eyes, “ You have been spared tho agony of expecta- tion at all eycnts,” ll:y- Dapling, yyl,v. "li“:n five minutes beblud thine. Think “what vou would havo had to suffer during those five min- ul,e:“lt you had really been on the lookout for me o A [feeling too delleats, too to ho termed voquetry, prompts her to smile on Felix Broughtqu, willlngeat reciplont, let what will betids, of “any preity woman's wmilual Bir John aud Clementing, absolved from the necce- ity of belng lover-ltke, find plenty of themes in commun as old scqualntance, and the Mitle diuncr-party of four passes off brightly, Falr fuces, youtli, sott summer twilight, ex- cellent winos, viands from tho haud of an wrtist—all the ncedful **property” for con- vivial success {s surcly vresent at the feast, whatever jurring clements may be latent in tho destinios of the feasters, / ‘They dine, they taky their coffee nfl;rwnrd- n deck, Towards 11 o'clock, and whey' ingenuous, o Daphue is uning to think of Jeau Mario and of her four-iulie walk to Quernec, tho sound of volees, the splash of cars, was hesrd mpproaching through the stillucss. A minute mgfi'. and ng tulssfug members of the yachting party stev upoun tue scenes tlve people, nuver behold by Daphue save awldst {ho Kembrant-like ifocta of this one wmidsummer night, yet destined, by virtue of their very hylnuo:' to stand oul Vivid flesb-ond-blood personalities from the canvas of her menory forover, Laly Lydia Jorufugham firet,—a tiny.Irish- wonah, dressed Jlko u child of 14,—pretty, de. spite Irrogularity of feature, through her ex: ot animatlon, ber black-frluged, fron-gray oyes; a tiny wilch of a woman uttermg, pell-mull, in o “"“".l'; muutry‘lirulmc,whnm\' A8 OF BOn- scnse~I{t Is wostly nonseuse—may chat eager heewild ibdrian heud, e o ext, Mre. de Mauley, Lad; nia’s dearest (momentary) friend, lwlsluw{nl 4 and hlumltt ten years olider than ber hostess, sud ton thines more dungerous,—the same designlng creature who, ww;tlliml!’ tu C:Jemcnw:?.lilln;dmt‘ln. would conduct Mr. Broughton n & fortoight bty f'f\'"‘nx aal o i nd then the budding novellst, the writin; ‘wouwan ju search of materlalal Al:'alnmclyuefi alster of 20, with & cavalier hat worn distiuetly, even for she days we live in, over one e; .wl(’h & rakish-looking dpuble_eycglass, a cane, and— or su Dephuo dreamd~a palpable odor of Havana mncke ciingiog to her pentlemanly achting jacket, and short-clipped gontiemanly Ho far thelsdies of the group, well supple- mented, o the matter of bicturesquencss, by “Max aud the Arab The former fs fn & rough pliot suit, with regulation but- tons: a weatbertanned, red-bearded man of seven or elght and thirty, called by bls Christian nawe, and geverally regarded with a fetch-and- carr 6'lumlut allectlon by every oue on bosnd, Thoe Arab s sallow sud suleinn, wears loose: fitting garnents, 8 spun-silk shirt, ycllow leath- ©r 8L0us, attar of roscy,sud a huge silver signet riog. It scewns to Duphue as though she must have beteld him in some long-past. sleepy win- ter evening whew, philowed iu Aunt Hoslc's arms, sty used to Lear weird storles of magl- clans, Lraveling mercnants, and yeall, freely reus dered from the Arabian Nights' Eutertalnments bealde the purlor fire. Mr. Jorulvgbam Is otill nowhere. Indeed, it may as well bo said, ouce and for all, that, as regurds thls little drama, Mr. Jorningbum, from the risiug of the curtalu till its fall, successfully plavs tho purt of Madame Benojton, My cousclenco tells mo tbat comebody or anotheroughit to make au apology,” crics Lady Lydla; 8lr Jobu Beverue and Daphos baving been put through the wkotchiest Lusgioabls form ot introguction to thelr bostess. ** 1t canuot bo e, for I uover knew what o'clock 1t was till we were Holshiug dinuer st Letacq, soven wiles the other side of Barke——- " A “Jersoy,’ futerposes Mra. ‘de Mauley, in & creamy volve, ' Wao have becn In Jcnui slnco this morning, Sark Ia the place we left the day before yesterday, my dearest Lyd.” “Oh, well, Jursey. As lung us you are in the Channgl Islands, where fs the ‘difference be- tween oue reef of rocks and another! Sure it must be your fault, Max! Why &id you Not——*" - “Remind le'z Lydia of tho Liberfa and her belougingai® I nad forgotten thew my- sell,’”? says Aux, smoothing down his tawny ULeard withan air of coatritivn, **Now Il the Arnb—1" But the Arab, it can be substantlally proyed, has slept sud smokod by turas during the whiole latter portion of the day; he is, thercfore, absolved by the weneral yoice on grouuds ol }uvrnl trresponsipllity, At last, suuto one, by chance, remembers Mr. Joruingham's existence. 0! " course, Everything 1s Jorningham's fault,” says Cousin Fellx, gravely. *'1s uot ab- sence In ftself, and according to all codes of clvllized jurisprudence, a sizu of guliti We apologlze, 1 Jorningham's name, and banisl un trom our reuembrance. WUI thero be time for Mrs. Cucster to hear a Jittle music before she leaves us, Lady Lydial” ‘The question originates Inno personal apti~ tudo_or predilection for music on the part of’ Mr. Broughton. Ho says of himself, fraukly, that bie does not know vne tunu irom auother by tho sound, but can juat distingulsh sllegro from andante by the fucreased bodily effurts of the performers. And stiilhe unfailingly sup- % tho exerclse of tho art at social gather s, Hystewatic nolse,~this I his theory,— while it rromulc- geueral conversation, Hberates the iudividusl from the exertivu of colmug Idcas; it also acts as a wholesowme restralnt or counter-irritant upon persons juclined to dance, —uuder many clreumstances of & man’s e a more onerous excrtion still} On ths present occasion, however, theory breaks down under the test of practice, Max rolls yut two or thres of Dibdin's sca-souge at lhu top of a fine, slzhtly crazy teuor volve; Mra. do Mauley slngs % A’ Vingt’ Aus ' passabl well under the lutfluence of the hour, aud wit! the meUuwlnF adjuncts of alr and water, though not fu Purislan accents, and with just half & tono of sharpucss runplog through tho upper notes, 'Then Lady Lydiu, jumping suddenly to hier feet from the hedn of shawls and cushious on which, up tothe muun moment, sho hss been cotled, declares 1l uba is falliog asleep aud must dance. Not dancers enough! Felix DBroughton have tog weakly put’ Sorward the objection. 'y there arc enoughand tu spare. Does not all the world know that the Arab can dance and play that fostrumcnt of his at tho same timol And it 1t comes to tha worst, If it cuines to one of the 1adjes, dotog wall-flower, is not she, Lady Lydis, competayt 10 Derfor tho national dance of her wunzxz partocriess, and Iu a remots coruer of the deck, for her own diverstont? As weil scek to sleer a bib of tulstledown by rule aud compass as to turu aslde Lady Lydia Jorulugham trom the froak that happens to bo upperinost in ber madcap head. ‘Uno Arub b, faf truth, endowed with tho valushle talent of playing while he dances é\flld, monotouous stralns, twanged by the fingers of Lis left baud on & Turklsh guitar sluog round his neck), nad belore five wiuules ure over the deck 14 clearud, the ball has opencd; Daphane, who, ten duys ago, would haverezarded such digsipatlons from the' moral standpoint of » Saiut Teress, xfimmx at pace as rapid us the rest. Waltr, galov, waltz,—tho dunces sue- cced each otber with spirit till long past wid- nirht] ‘Then cowes an Lnprovised supper—by the light of the moon: Lady Lydia wili allow of nosrtitelal Uluminatlon,—aud theu, after ous umore waltz, they fall back upon wnfi: aud sea- thment and'thy best half hour of the night,: the half hour before separation begins. In » pausa after anotucr French ballad, sung (mn lucreasing falss notes, by the siren widow, t chances that Dapbue #ndé berscll standing bealde Miss Mattis Rivers, the uovelist of the future, Nowoe of the ladies of the party bave paid much beed to Mrs. Chester as yet. She is pretty beyond the reach of carily her dress sug- guats a0 cwpty vurse. Did nuo-i looks and pov- erty ever lnuure mmfi stteation Lo » woman of " two-and-twenty ow wewbers . of bur own sexi Now, bowever, after Oxed- 1y surveylng the shy-looking country girl from bead to Toot, Matile Hivers bmu, in clup- door, bands-in-pocket sort of fushlon, Lo talk,—1 dght more Htly say 1o discvurse, whea I cour sider the part sustained by Daphne throughe out the length and breadth of the conversa- tion, ** You think us a queerly-assorted sct of peo- | of ple, no doubt!"—, drawn forth s intuch as Miss Rivers cares to Lknow respeeting her bearer’s nsiguificant placy in tho schieme of creation, *‘But puor Lad Lydia never got up a yacthting party that di not, more or less, turn oul & ecralch leam. Jaralogham, you sce *'~Miss Rivers belo W the ndvanuved sciiool of ladles who call spude and men by thelr surnames—* Jurnlng- ham is aman with o passion—tish. In the. helght of sho London season Jorntugham will run away alter whiting, congerels, mullet,— heaven knows what ha will st run after,—and, ot ten minutes’ notlee, Lady Lydia, like a devot. ed wife, never nr;fi ball is ouhand), but pets together whatever available tnaterfals la within reach, and Rocs with him, You sco what the avallable materials wero on the present occasion.” Duphine dovs sea; but, on so delicatu a theme, feels that sileuce Is her wisest anss 4+ Max and myself, in the first place. For the last tive years Mux and I lave belunged class. tolerably well knuwn throughout the yachting world as stray umu{ people.’” 1o her rescorchies after character Misa wany pathe; uven the slippery by-paths ot the sackand buskin,—as her specchishows. * Nelther Max nor I is ever sea-slck; we are unlampered incumbrauces; wo can brew claret- cup, take an osr, mt, dsnce, or bo muslcal, or eflaco ourselves wheu roo quired, and are, at any mowment of our exist- | over head-and-cars in lovo with her cousin ence, ready to cmbark for the lsls of Wight or the Paclfic, according to the fancy of our eater tainers, Next, the Arah—" She stops, as that gentleman, bis gultar still depending from his neck, vaces ianguidly be- 1ore them, Lady Lydia on his arm. “Whols hei. Whatls el The world says many things. I kuow one fact for certain— that'ho has been fu the employmeut of tho Khud“c,—l!fpthn reform or tho Blave Market bl best friend, 1 ot whbich, However this msy be, thcre is no mistalang tho man's eomrlexluu. Easterncllnateal Notsbitof it. Oplum. I think I remember hearing that his real name was Hrown, aud that Le had u father in ;‘:rfim':mlhodcy. Then we lhave Mrs. de oy, “'l‘h{: 1ady with the volce,’ adds Daphne, 1::: El&xml]myg:lwlll give us another of your wholly uuluterested in the widow whoso chars and whose creditors are to prove Felix Brough- ton's destruction, “Exactly. The {‘:nh tho voles. Well, Agsthy de Mauley Agatha de Mauley,” answers Mattie, and, somehow, the tune jn which this tralsm 13 spoken Infuscs a certaln tine vemom ~wmure scandal juto its meanlug, “This brings us to the end of the lst, ta little Clem lund- | will be held at Toulon, Stark Count; on castlo and her Cousin Vellx. Friends of yours, | e 2ot toy of Be&ugxri);er. B o e fimyufl-mu bl atiernoon. Oueacqualat- - X-BeELTaurION, d *Then you kno an e c erue Just 84 1 loved thee, sa I thee now, e TR e Lol VLR | 1 it el Sl meot,"” stammered Dapline, ber voles chauging, “ Atlachuent I—to 8 Baronctey sud the pro) er nwmber ol sunual thousands for keeping the Barouetcy up! I'was In tows whien that *at- tuchment ? began,” ssys Mivs Iivers, warmn- fug to ber subject. "I kuow the wind- logs of o Yomanco frum the Hrst chupter (o™ tho lut, Clementina was frash—or faded, rather, poor wver-lessoned chlld—from the Gerwan governcss and the school-roow; Buverne uew frun his Woolwich ¢hum‘ loations. They met, looked unutteruble thiyy Oel mummu apeechies to the Jecture-rooms of the yal Bovdety! At ail events, they Lecums cu- ‘Theu cawe voposition, fnactivity, ou the part of n-chief, "Mouey intellect abounded stil s couple of uged. ustly say, masterly the " diplomatista-li iug, though e wers aud the title.” “Aud after this1 " < 4+ After this tho discousolste lover wss or- dured to India. Lefore & ycar was oves both uncles died, without belss, and then, suddenly, BMr. and Mrs, Hardautle discuvered that bir Jobn Bererve was e one mau lu cxisteuce bave chosen fur thewr Clemeuiina's | maker! Frnid “uln.' ‘Eud;au:rl should u:lg yous | dowa 1a bis ahos, couplé uf questions having | for the emancipation of ber mex on the pule a | under-cducated men desirevvereducated wives! ues (unless uny extra-good | no -:n'bject of which Miss Hardcastle is iguo- toa | across the dek. Rivers treads | only Felix Broughton hus the power to awaken for- | double oyeglass to fall potent thwt detulled | reunion of 16 {8 suppoecd, as they worked out prop- | Apd broaght up desrest hopes 1o burn befors you us {0 Euclid, sio by sule, sud murmured | And amsie S 8 of Incena e 1 ‘should more | You did oot know—s0 uaed to Wag want- and | T uncer | go, tuty bachelor uncles between young Severne | A faa femme-homme," continues Mattle, *and a femme-houme with a theory,'’ What antagonism, O reader, can equal that converging crecds! Mattle Rivers yearns Lruadest seale, moral aud social embryo novel will set forth), and wards Mertun Iall, or Qirton, towards pettivoated liysicians, or sweet glrl-graduates docs she feel iko a conservative oi Bity years of agel ** 3rs, Hardcastle, 1 say, holds a theorv—that (a8 the Accordingly, she has tralued her family, her own children and ber step-dsughter alike, for wuat moy be called the market futellectual, You sce the result “* Miss Hardeastlo s _quite tho cleverest per- son 1 ever met,” sayd Dapboe. *Thcre seems rant. “ And nono that over<~ramming has not spollt for her. Lectures lere, conversaziones there, art, sclence, literature, politics—all theso things bave been Ler ‘wru.un sluce her infancy, and now, at heart—" Miss Rivers vauses, and glances significantly stand the ‘There, In smile that the moonlight, cousing, ~deep in talk; the brightening Clementiua’s face, ** Now, at heart, she deteats the very mention of lecturc-rooms, ’ologics, ablo edftors, sud Icarned professors: finds more to say to a dandy With holf an Inchi of brain than sha would to tue most cultivated mun fn Europe; in 'a word, is Felix!" A feeling of joy, too brief, too intenss for her stop i yze its source, thrills through Daphuio’s heart. ** Aud-aud so Miss Hardcastle will not mar- ry Bir Jobu Severnel” she falters, naever lifting her eyes lust, even (o this soft light, they shiould botray her secret. **Not narry | " repeats the suthoress, with a laugh border{ug on the cynlcal, and c ber by means of ttlo shake from ler nose, ** Most undoubtedly Miss Harnlcastlo will marry 8ir John Heverne, with Mr, Felix - Broughton “oltiviating ss best man. Bho was talkiog to me ahout ber troussesu this morning. The weddiug i Bxed for Al Ellso makes tle dresses, and the color ol ridesmalds’ bonnets—Ab, Mre, do Mml:‘y ol lads befors we break up{* (70 be continued next Saturday,) —— SOLDIERS' REUNION, To the E¢itor of The Tribuna. ‘TouLow, {ll, Aug. 2.—The twellth snousl We surviviog menbers of the |, One-Hundred-and-Twelfth illinols Voluateers. Inscribed to tly dark cye—thy llp—thy brow— And kuow that all thosd prulscs now are carses. 7‘Auldld Lsay! Nay, ‘tis a word (0o sweei— overs' e’ i 3 Bul, puw Lbat | Lave arlance, and let lovens use it; Tousd you al} decelty 110 reapect tho term 1'Ll ROt Abuss 1L ! s dowu 1010 his bess A poet's lave goes t At druge e sicluas up by the routs, for nd'wirinka pot at the drope of biood that start} Love {», when Love, self-barbarous and cruel, 1 resched down Lo the bottom uf my soul, jed Lo seu the cloud of e roll 1ts smoks of sscrificed emotivns 0'sr you. peity things. You thought I was like sll your -ufy lovers, A bumsa butterfly without its wings, 'hat 2its to svery blossom it discovers. vala gizl, sud take with you iy bats—~ ‘a8 deep and splendid as m,y pn-!nn. YR kel OBl Warsies, 4| e An Esonomla iga of the Times. Long urunch Lesier, o Bruac o bave.'s ‘pog ditven at Loug Bruacl e 4 plis o uld boats, ilippacs;. A and shocs was knee-decp mround the cobbler. ¢ They don’t throw away their old shoes as th aid," ho safd. never saw so much cobbling in Long atl my life.” THE MYSTERY OF PAIN. On the crimson ¢loth “No, sir,'” was_tho reply; . Bhii ta h FPolsed, statuesqae, Of & waxen mold ‘Wers Iia lixat lnibs rh A;fi':mu"."fugum 28 was draped; ts ‘While fln’dtllclu winge Wera netted and veined ul ‘With sll £y strioge Or golden-gralued, Turough whowe Qimy maza In tremulous hight Danced quiverig raye ‘the gladsome light, On the desk close by A taper burned, ‘Tuward which the eye Of the insect tarnt 1o its o Lt A {aint desire Rose 81 o the owatltal dre, Lightly it spread | ach silken Then away ! ¥or & moment's spn And & strange delix] Lu W on its courss, n reslsticas might, ‘Toward Lhe central sou . And I¢ followsd the spoll ‘Throogh an i Til it el red 8 In ll:mu blaza, ”lnlxlid snd stunned Onl’ moment 1t U tho tal Bafore my Al i the scalding paln, ned, L abny :(’-dmuu. As 1 sit and musa 0 ‘What dery fate, n its it thomes abel 1dd] use ‘Tuat, Uving or dead, In thyme OF 1 pross, o josr bis res ot e oty A0 Tz g st b} "é%:b?& SSrat alit Than W Bat In' Coul b ith the mangled wings. N0 Lol you the by 01 1t coe little wrong. Bl you more ¥R i Ta ot For eat nUtest lntnt. e qurmu::n: never as s worldy strite P Dby Kot At ina tmpossat lite; PheCroEy § 63 Have still 1o axpiotn rutable cause nr.armhnuul palng

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