Chicago Daily Tribune Newspaper, September 4, 1877, Page 4

Che Cribune. MS OF SUBSCRIPTION, NY MAIL-IN ADYANCE—POSTAGE PREPATD. Dally Falltion, one year, Pash y mont a Pere of a year, per moni 8 Fionn, pee me H WERLY EDITION, POSTPAID. ‘One copy, per x Club of ten... ‘Liuts of tweni Epecimen copies rent treo. ‘Jo prevent delay and mistaken be sare and ive Post: Of.ce address tn full, Including State and County. Kenultiances may be made either by draft, express, Pont-Ottice order, of tn reglatered letters, at our risk. TERMS TO CITT SUNSCHINENS. Daily, detivercd, Kunday exeented, 23 cents per week. Lally, delivered, Sunday inctuded, 20 cents ner Weck. ‘Addrees THE THIBUNE COMPANY, Corner Madison and Dearburn-ata.. Chicago, Il. Orders for the delivery of Tue TatnuNE at Evanston, Englewood, and iyde Park left in the couating-roomn ‘will receive prompt attention. “AMUS MeFicker’s Thentre. Madlron street, between State and Dearborn. Bae by.” Mesdames Don, Btonrall, Maye, @tc.s Messrs. McVicker, Wheslock, Pearson, ete, HMooley’n Theatre, Randolph street, between Clark and: pidden Fruit.” Mesdamrs Newton, ‘Meurs, Itobeun, Crane, U'Neth, etc. = . Adeiphl Tuentres Monroe street, corner of Dearborn, ‘The Flag of Ttonor."” Grand Ballet, ted by Miles, Rosa and lo ‘Tourngure. Cotton's Opera-tonse. Monroe street, between State and Dearborn. First clatevaricty. John Ke(ly, Thatcher andaltumes Mise dulla Walcott, etc. New Chiengo Theatre. Clark atrect, opposite Sherman House. Moaverly's Mioastrels. Menars. Add Ryman, Dilly Carter, Moran, etc. Academy of Muale. Valated xtreet. Just south of Madison, ‘Varlety ens tertalnment. The Freeman Slatera, Sicesra.Hugh Fay, Charley Gardner, Gi ad Fox, etc. Collacum Novelty Thgatro. Clark street, between Washington and Randotph. Variety entertalument, Tho Parker Sisters, Venus and Adonls, the Crimmina Trothers, etc. Globe Theatre. Desplatnes street, between Madison and Washington, Variety enteriainment. Lillan Dayton, 3file Italetta, ete, Fxponitian Building. Michigan aveuu>, opposite 1s atreet. Brate Tudghrint sition. Day and eveutor. —$———— Inter> SOCIETY MEETINGS. SHLATLONGE, No, 90% A. Fe and Ay M,—Reg= 1 eRe ie tuesday)” erentnge in ‘thelr all 20 Winrdecsie far wurk on the M. Me-Degree, Tue tras ternhy co CARTES . He Bec. VESDAY, SEPTEMBER 4, —————=£££{_— CHICAGO MARKEL SUMMARY. The Chicago proluce markets were activg and Vy firmer. Afesa pork clowed fc lower, at yor september and $12, 4213912. 44 for Oc Turd closed fe hizher, at $8.40. cash or Sep- tober. A tember end 84.47% for October#! Meats were ntcady, nt St{e for loose shoullers and (2c for do Loke treighte were firmer, ut 24@30 for corn to Buffalo, Mighwinca were steady, at $1.09 pes gallon. Tour was more active and firma. Wheat clorcd 2@1iic hleher, at £1, 094, for Bentemuertand €1,014, for Uctuber. Cori clored $GALC hither, at di}se for Septenber and 43%6 for Octohe?. Oats cloned ensier, at 23% 6524¢ for Beptember tnd w4lge for Octover, Hyo was bicher, at 544¢od4 ae. Barley closed higher, at dO4@ 6G for September, Hogs were active and Sc nipher, ing at S4.75@5.45 for common to choice. Cattle were netive and advanced 10315¢. Sheep were unchanged. One hundred dollars in gold would bity $10:',73 In greenoacke at tho close, 4) ' Greenbacts nt the Now York Stack Ex. change Saturday cloned at 90}. The aftertioon reports of the flro in Now York appear {to have greatly exaggerated tho number of lives lost, Tho oxact num. ber cannot, cf course, be stated at present, Dut it seems probablo that tho fatalities will fall far short of the estimate first given. Vatrntisr Carer Pasha is not gnissing, as reported, Litt has been found and deco. rated with tho Order of the Osmnouli. Bazen has concluded)t.1at protecting the heathen is ns manly as adsatlting defensbloss women in railway cars. ae A citizen of Ohieago reports from New York thatho wen seast on tho train with Spen- cen and his family, who disappeared sndden- ly nt o way atition in Canada. The ex- President is prob.thly roaming throygh tho wilds of the Doniinion, hunting up a good chaneo to mako hi way acrosé the briny, if he hasn't already started, Anmnmber of arrests followed the recent visit of MacManon“at Chorbourg, the shout. ing of auch patrioti'’s sentiments an * Vive la Republiquo:” boia,z regarded as an offense pauishable with gre et vigor. ‘Tho Chorboury, Court, however, see ma to have held difforent views of tho subject, as the prosecutions were yosterday dism ‘sed. A Washington disp atch announces the ap- pointmont yesterday of Mr, Wruuias Iexay bauTH, at present +General Agent of tho Western Associated Press, as Collector of Customs, vico J. Russ en1, Jonza, suspended. ‘Tho resignation of the latter was not forth. coniing at tho request of President YWayzs, and hence the suspens! on and appointment os stated, Mh health, resulting’ from the arduous duties of the office, and intense suffering from a defect in, his oye #, are tho rensons ns signed for tho rctiremor t of Assistant-Secro. tary McConsuce from tho Treasury Depart ment, His successor haa : not been appointed, nt the name of, Mr. Lk inwanp McPuensox, Chief of tho Engraving Bureay, ig promi. nently mentioned, ‘Who people of Augusta, Ga,, are very de- sirous of receiving Presiient Hares.as a guest, and thoy have throiyh their Common Council extended an invitation at once so cordial and complimentary: that it ought not to go unheeded. ‘Tho Common Council is compoxed exclusively of Democrats, but ther opproval of the ‘President's course and their eesurance of B*kearty weluome by all citi- zens would uover suggest political partisan. ship, Srxxcen's colored coachman affords rather a lume and unsatisfactory explanation of the disappearauce of the horses aud carriage belonging to tho great departed, “A man” borrowed them, and hag no} yet returned them, but whence®the man” came, or in what direction he took with tke animals and vehicle, the coachman has no information, He docsn’t even know “ the 1nan’s” name, and all intelfigence on the subject ceases with the rovelation that be was Seznczr’s friend, = ———eEE a Dyfinito action regarding the construction of the city’s portion of the Court-House and City-Hallwas tukenlast ovening by the Com. mou Council in the unanimous ad ptoin of an ordinante instructing the Mayor in confunc- tion with the Building Committee of the Council to take immediate measures for put- ting in the foundations of the building, and to cunploy such help and award:such con. tracts as they may deem advianble, The ordinance takes effect from nnd after its phasage, and before many days work will havo actually begun on the west half of tho Court-House Squnre, It is what tho people want to sce, Tho Council haa also placed itself on the record squarely with refcrenca to tho city’s obligation to make good the Canal-Redemption Fand. It appears that the missing &120,000 worth of South Park bonds supposod to bo among the nssats of the State Savings were deposited “in trust" in the American Ex- change National Bank of New York, snd wore placed thero to secure Ronent Bayann in the purcliaso of 230,000 worth of Donnie’ notes, sold to Barann by Sprxorn. Col. ‘Tarzon thinks the bank will get the money on the bonds, as thera is moro than enough to pay tho notes, oven if the bank should bo held responsible for them, The cable annonncos an ovent of world- wide interest, and of peculiar importance in the presont aspect of political affairs in France. Lovus-Anonrne Turns, tho first Yrosident of the Republic as it now cxists, died yesterday at St, Gormain at tha ngo of 80, His death was quite auddon, and altogether unorpected, as no advices had been received of such n state of health as would give rise to apprehensions ef carly dissolution, Tho extreme Intonoss of the hour at which tho intelligenco of his deathis received precludes a more extended notice of tho event at this time. Ex-Pablic Printer A. M. Crarr has signi- fled his disapproval of the President's office. holdora’ order, and the extent to which his finer sensibilities ara wonnded thercby. Woll, itis Mr. Cxapp’s turn. In the early part of President Iares' Administration, s0 the record goes, the then PublicPrinter’s sys- tem of bookkeoping was the subject of in- vestigation, nnd the new Exccutive, in tho porformance of whnt he believed to be a high public duty, considered it to bo neces. sary to nome another person for the porition whose business methods wore likely to com- wand greater satisfaction, interfero with mectings during tines of riot and disturbanco is to be brought in St. Louis, During tho strike n number of men alleging thomselves to be workizgmen assembled at Scirvten’s Hall, The police made a descent upon them, arresting a number, and the lenders propose to taka the prisoners ont of ‘durance by Aadeas corpus, and bring actions against tho police for intorforing in the meot- ing. How much damnges will be claimed is not stated In the dispatelf, but the proverbial wealth of the average policeman will ba au inducement to put the figures at s high rato. Latest dispntchoa from Schipkn Pass indt- cate that the bulk of Sunzraan Pasha's army has retired from active operation against tho Russian garrison, and gone cither in search of nome other defile by which they may Operate on’ the Russian renr, or has dosigns upon some portion of the enemy's lines with tho object of cutting off his communications with the besieged. Asmall force of Egyp- tions is loft in tho pass to harrass the in- yaders, and.cannonading is kept up inter- mittently between the opposing batteries, ‘That the Turks have become discouraged in their attempts to capture the Runsian posi- tions by assault may woll ba supposed when they adinit that their losses in tho deadly defilg foot up 7,000 men, New York City hashad a large fire. A block of buildings has boen destroyed, and a large number of lives are lost. Tho Asso- ciated Presa iu its account enya: ‘Three alarme wore sent out in rapld auccess{on, And a large force of firemen, engines, and trucks rexponded to calls, The beat produced by the firo wan intense, and the firemen were obliged to keep at a considerable distance from the burning bulld- ings. Itia probable, towever, that they could havo prevented the firo from spreading if they had had a sufficient supply of water, ‘The hydeanta supplied only scanty atreams, and some became entirely drained in o short tine, How fong ago was it that the New York papers wera loudly abusing Chicago because who had not onough hydrants or sufficient wator with which to extingnish fires? Can itbo possible that this 'fire could have been provonted from spreading, if thore had beon osuficiont anpply of water? Is it not time that tho insnrunce companies inercass thelr rates for Now York City, or refuse riaks alto- gether, until tho authoritios make tho city, anfe ogainst fire? If wo remember rightly, thia was tho wort of advice that was given in our case, What is sauce for, ste, THE BOLTING IMPLACADLES, Tho organs of the Implacables like -the Detroit Pvat, Des Moines Hegister, Bunperre's Punster, tho Blaine papera way down in Maine, and the machifo nowspaper of this city, which ura now so desperately opposing Mr, Hares, the Administration, the Repub. Mean party, and Republican newspapers, for making on onrnest, honest effort to carry out tho principles set forth in tho Republican platform, whenovor they are brought up with around turn for their conduct, immediately howl in concert, “ You didn’t support Guanr. in 1872," Here is a eninple of their barbaric yawp from ono of tho noisiest of them,—tho Datroit Post: “ Five yenrs ago, in the Presl. dential election, the ‘Neformors,’ who clalin now to bo the Republicans par excellence of the country, bolted the jiarty and sct up as an independent ‘Liberal’ faction, bucanso thoy said they would not support the policy of tho Administration, Mr, Souvaz was ono of the obolters, Srannex Mar. Tuxwe was another, till he - bolted from tho ' Liberals’ on the same excuse, Most of the policy leaders now were in that cate- gory then or afterward, for these ‘Liberal’ ‘Reformers! bolted in various State elections,” ‘They aro careful, however, to mnake no allu- along to the horrible state of corruption, of nepotian, of Crodit-Mobiller stenlingy, of rovenue frauds, and of the general ring riot of those days, They are careful not to sny that there was @: element in the Hopublican party which earnestly sought to reforin these iniquitous practices, knowing they would involve the party in ruin; that these very Inplacables made snch strenuous oppouitio they were at last compelled to attempt re~ fori outside of the party by selecting a bet- ter Republican for their candidate. Now come theso very same Iniplacables, headed by such men os Salary-Grabber Bratry, and bolt Mr, Hares, and not ,only bolt him, but week to. break him down, and to-turn their reapectivo States over to the Democ- racy as o punishment for carrying out the principles of the Republican platform! Mr. Gauyixty, in bis recent speech which hes beou printed in Tax Tatsong, a part cf which we have commended, Las shown con- clusively that Mr. Harzs has kept himself squarely within tho provisions of the plat- form, and has not departed from its spirit in any step that he has takes. In answering the Implacables of bis own State, Mr. Gan- wintd answered the whole brawling batch. THE CHICAGO TRIBUNE: ‘TUESDAY. SERPLuUNBER 4, 1877. ee from Portland to Des Moines, Tho howl of there Implacables, that if Mr. Hares was elected President, then Mr. Packann was elected Governor of Louisiana, was anaworod, ag Tue ‘Tninuny has answered it before, hy showing that the vote for Governor of tho Stato of Louisinna was subject to very dif. forent conditions from the Fleotoral vote of the State. Tho stereotyped insintation, which Salary-Grabber Beatrr makes tho asia of his recent fnlmination, that the Prosident has abandoned the nogroes of the Sonth to their enemies and disfranchised the Republican vote of the South, was dis. poned of by showing that every one of tha Southern States, except Louimana, had pnasud out of Republican control before Mr. Hara was elected, nnd that in Lonisiana there is now political peace for tho first timo asincg tho War, Ife showed that’ the efforts of tho President to reform the Civil Servico, and all the means of pacification whieh: ho has used, aro inspired by the pint. form,and aro in atrict accordance with it, and that, if ho had not done exactly what he has dono, he would have been unfaithful to the dutics which that platform imposes upon him, ‘Those fellows, ont of office, who aro so bitterly matigning the President for doing what ho is pledged to do, havo bolted the party, and aro now secking to hand over their States to the Domocrats. Upon what plea of consistency or sense can they now turn round and stigmatize Republicans who voted for GneELex ns bolters because they denounced Grant for doing what ho ought nat to do, for ngt shaping lijs policy to har- monize with the platform, and for plunging the party into extremo danger, from which these very Ieformors havo reacucd it? res ' THE POST-OFFIOR SAVINGS BANKS. While there is n general approval of tho suggestion that the Government shall adopt. the plan of savinga banks so succossful in England, the Chicago Times, with ils usual ignorance, acolda like a drab in donunciation of the measure. Without going into tho details of tho measure, ita general fenturos ara so plain oud simple that a child may un- derstand them. ‘There nro now savings banks in yarious parts of tho country, and located mainly in tho large cities and in other cen- tres of tho mechanical and manufacturing labor populations, Those banks aro private institutions, and, as aclass, afford no sub- stantial security to the people who have deposited with them. over ono thousand millions of dollars of their ravings, The Government of -tho United States has 814,000,000 of 6 per cent bonds ond $703,- 000,000 of 5 per cont bondsoutatanding. Tho Government ean offer to the owners of theft” doposits to receive the same and pay them 3.65 per cent interest, which, taking tho character of tho sccurity, is.a better invest- mont than the higher rates offored by privato institutions, any one of which may at any timo repent the robbery perpetrated by tho State Savings Institution. Tho Government has its bonda outstanding in the hands of people in all parts of the world, ‘To take up a part of thexo bonds, say one-third or one- half, by ishulng tho loan at o lower rato of interest too largo body of our own poople, theroby making the public debt a local savings banks would scck investment in thosa bonds, Wo havo urged the issne of sich abond as a necessary comploment to tho post-offico savings banka, ‘Thon, when the small deposits in tho savings banks nccu- mulate to $50 or $100, the depositor, if so tsposed,*can exchange his past-book for a bond. In England the deporits in tho save ings banks aro lirgitod to $125 for nny ono person, the purpose being. to confine the benefits of the banks to the depositors of small savings,’ A like lmitation should probably bo placed on the deposits in this country, leaving to persons of largor means to purchase a bond diroct, The Chicago Timez, laboring under itshabilnal ignorance, further objects : Another enormone mjachtef of the echeme wonld befound tn ita tendencg to perpetuate ape increare the national debt. Enclish eavingeandtenst funds Absorb « natlonal debt of nearly $4,000, 0Gt,000. Savings fn this country wontd now absorb a debt of $1,000,000, 000; ten years hence, a acbt of double that amount would probably not exceed the aggre- gate of savings for Investment. A system of ‘Government savings depositories" would re- quire a Government debt at no time fess than tho Aggregate of savings denosited, Elther tha depos- {ta muat ho arbiteneily Itmited Inamonnt, and tho ag: eregate depnait of every pereun must nteo be limited ton omall anm (as it fain Egaland),cr the national debt mnst be steadily increarcd 1n like rato an the increase of anvings necking this move of security. A mote patent anid mischievous agency of reckless and nitimately ruinous in‘lation thon auch a sya~ fem in thin conntry might prove to be, conld per- haps not he easily devised. ‘Tho Government now aves $2,100,000,000, of which ovor $1,700,000,000 bears heavy in- terest. It is not probable that any person now living will reo that debt paid. Tho prosent generation mhy well rejoico if in their day tho interest on that debt bo re- duged to 3.6% per cont. If that can be nc- complished, payment of tho principal may wisely be deferred until such time as tho hardly less oppressive local debits of the country aball have beon paid off or mate- rially reduced. If thirty or fifty yonrs honco the national debt shall be ro reduced that tho small savings of the people stall exccod it, wo may lenyo it to the wisdom of themen of that day to devikc some mensura to meet tho oxigency, No such contingency in prob- able this side of the twentieth contury, and ‘we need borrow no trouble on that account, —— ‘WAS GRANT SNUBBED? 7 A lettor in yesterday's issuo, evidently written by nn Englishman, ravives the ques. tion whothor Gen, Grant was dixcourteonaly treated at tho dinnor given him by tho Princo of Wales. Supposing: the facta to be as stated, wo do not seo how thera can be any serious controversy on thia subject, Tho understanding is that the dinnor was given in honor of Gen, Grant, ond that, when the company asreinbled, avery other guest took precedence of him in going out to dinner. Tho awarding of precedenco is in itsolf n distribution of honors, If tho Princo of Wales, therefore, gava precodence to every guest over Gon. Grant, he dishonored tha guest whom he pretended to honor, Thero ig no uso in beating about the bush, or talk- ing abont ‘cosmopolitan standards,” “Brit. ish noclal usages,” “tho rights donrest.to titled Britons,” and other such rubbish, The morits of the case aro as plain as tho nose on instead of a foreign one, certainly can bo no onr correspondent’s face, It is impossible departnre from tho legitimate and conslitn- i honor a ana sa to: dishonor. tional fanotions of the Governmont, It will | 1% rh ea on ti ar bes mere change of creditors, necompanigd | #on. There is os wide difference, we deniro to add, between tho ciroumstancea in which Gon, Grant was placed and those which wonld oxist if any British subject woro invited to dinner by the Princo of Wales, It is not conceivable that the Princo of Wales should give a dinner in honor of a subject; or, if ho did, that the chief guest of the occa. auton should be requirod to fill tho onerous po- sition of last man in tho procession, If ho wero, however, he might be oxpacted to sub- mit to inatitntions to which ho owed alle- gianco, But Gon, Gnanr was not a British subject, fo was ‘no menn citizen " of the greatest Ropublic the world has ever seon; ho had occupied n station which his country- men consider, and ho considors, as lofty as the throne to which the Prince of Wales is only an heir; ho had been tho General of armics such as England never saw, and scarce. ly imngined modorn times could prodnce; he hod held with honor, and,resigned with honor, every office ever conferred npon him, For the Prince of Walos to place auch aman behind a troop of titled nobodies—'‘only great in that strange spell, anamo"—was not to do Lim honor, but to insult him; and wo still hold, as ovory American will hold, that, if the cirenm- stances woro ns related, Gon. Grant should have left the room instantly and forever, "Tho snub was of the most flagrant descrip. tion. Besides, it was on imposition, inas- much as it was put upon one who had been promised the most diatinguishod consid- eration, We have been at some pains to qualify all the comments on this matter by tho sup. position that the facts wore as originally atatod, Some explayation has been offered for the circumstances since the first strictures of Tux Taimonx appoared, It has been noid that the dinner was not given to Gen. Quant, but to the Emporor of Brazil, and that the former wos presont merely as an in- vited guest. ‘This statement has not been fully verlfled; if true, it puts on ontirsy different face on affairs, but it does not alter the principles involved nor reliove the author of tho letter in yesterday's paper of an ab- aurd devotion to exploded idow, BO CLAIM AGAINST THE STATE SAVINGS. And now cumes into court the United pe Government making a domand on the tate Savings Institution for $21,093.99, On Saturday Mr. Tarzon, tho Assignco, was werved with a notice, calling on tho bank for this mpdest sum as an alleged deficioucy in taxes*pnid on deposits during tho years 1876 and 1877, ‘There is no pretense that any previous demand has ever been made for this; simply it is assorted that the Internal Revonue Department fias newly alighted on ® previowsly-unrecognized debt, and it 15 usually understood that Government claims are prior to all others on every estate, State, eorporato or private, bankrupt or solvent, ‘The basis of this large demand, whereir. tho United States Treasury proposes to sweep into its capacious maw the savings of some hundreds of depositors, wo understand to be as follows; In June, 1874, Congress passed a law ex- empting from the usual bank tax all deposits (below $2,000 each) held by any savings bank similar to the State Savings Institution, & ¢, one having a capital stock for the security of itu depositors. There had been aprovious law exempting all such deposits in purely mutual sqvings banky, The law- makers incorporated in the statute the fol- lowing very proper restrictions, viz.:; That the benk docs business as a savings bank only; that it is recoguized as asavings bank by the laws of its Stata; that all profits above 8 per cent per annuin are divided among the depositors; that its capital stock is in- vested inthe samo class of securitics as is by a reduction of tha rate of intereat on tho debt. ‘The undertaking of the Governmont will bo to reccive this monoy, keop it until called for, and pay interast thorcon at tho rato of 3.05 per cont. Wo havo suggosted that, ‘following tho En- glish system, tne post-oflices of a certain class be mado agencies for the receipt of de- posits, which doposite aro forwarded to the nenroat Sub-Treasury. ‘The Postinaster is- suca a receipt or pass-book to the depositor, atdtho monoy is entered to the oredit of tho depositor on the books of the central agency. At the ond of overy six months the interest isontered up to the crodit of the depositor, who fs of liberty, under propor regulations of notice and identity, to draw wut the wholo or any part of it ot any timo, just os is now done in all other savings banks, The Timea thus commonts upon this measnra: Everybody should then bo invited to carry hia savings to some crose-roads recelving-teller, who might and might not be ablo to make a correct entryuf tho sun in a Government bank-book. Government, tha banker, whould thua borrow all the eparo money of milllona of depositors, What security would tho deposttora have for the anfety of their deposite? Simply the average {integrity and intelugence of Ofty or sixty thousand party-mado Vostrasstere, added to that of sundry other party- made ofliceholdera through whose hands the monoy would para on {ts way to the Government bank- vault, and the promissory noty of the Guvernment for so much of the amount as should safely reach that common depository, ‘ It is not propoucd that Postmasters shall be any moro than receivers of deposits ; thelr receipts therefor will bind the Government. "She deponitora would have tho eame security for their muncy that they would hove if thoy held a Governmont bond, or any other form of obligation, ‘The defnleation of a Post- master would no more invalidate a certificate of deposit, or a deposit pass-book, than it would invalidate the poatago-stamps sold by the Postmaster, The objection is not only unwarranted, but it is ignorantly stupid, Thero aro soveral thousand post-offices in the country now which daily receive deposits of money, and which fssue thorefor a cortifi- cate of deposit, payablo on deimpnd at ‘any other post-office in the United States select: ed by tho depositor, These deposits, Mmit- ed by law in the amount of each, aggregate aunually many imilllous of dollars, ‘They bear no interest. ‘hero has never been any complaiut that the plan did not work admirably, and has been ‘eapecially sate isfactory because of tho absenco of any: froud and dishonesty in the business, The Government becomes yesponsibio for every onler issued by the Postinasters, and has rarely, if ever, hod to meet any loss arising fron:-officlal dishonosty, The proposition is not to mako every Postmaster a aavings bahk for lis peighborhood; the United States ‘Treasury isto be the savings banks, andthe Postmasters are mersly the agonts to receive the money, for which the Govorn- ment becomes reypousible, We have already pointed out that there are two classes of deposits in the savings banks. One, by those persons whose savingd are in small sums, and who have no means of keep- then safely, ‘Tha deposits of theae persous range from 50 centsto Sioatatime. They depont their moncy until it increases to such sum as will enable them to use it for some ‘purposo long previously planned. Auother class of greater means seek the savings banks as @ place for the safe keeping of the money and for the Interest they get on their money. ‘These deposits average much larger than do those of the other class, ‘This class of depositors have enough to puch; ry boud or several - bonds, and we “have no question that if the Goverament would issue a 4.65 per cent bond, to be had on ap- plication at any time at any SubgIreasury or other Goverument depository at par, many hundreds of iuillions of dollars now in the = 3 .. terest not lowthan 4} per cent per annam in paid to its depositors, All theso restrictions the Btnte Savings was supposed to be living within. It did busi- nesa‘ns a savings bank only, and it hada apecint charter aa such from the State. Profits on capital stock there have been nono since the passage of the exemption act. Interest at 6 per cent was paid on deposits, Where, thon, ia the hook on which to hang # donbt as to ite exemption from a deponit tax? Simply, to usa the Commissioner's own words, that it is ‘not clearly recognized by tho State of Illinois aa savings institntions of the character entitled to oxemption under the provisions of Sec. 8,408, Revised Statutes.” Now, Mr. Gneen 13, Rava, Commissioner of Intornal Reventie, is nn Ilinofsan and o lawyer, and he muat bo awaro that there is no genoral Savings Bank Iaw in tho stajutes! of Ilinois, Does it then follow that thore are no savings banks in the State? Or thnt thoy oxist unrecognized by the law? Such an assumption is qnite untonablo, Encl: of these inatitntions exists by virtue of n ape. cinl nct, endowing it with the fullest powers clnimed nnd enjoyed by similar fnatitutions elsewhere, 08 to savings, trusts, annuities, denlings with minors ond married women, ete, Still, with those charters all before him or within his reach, Mr. Ravatexpresses him- relf ns not.convinced that tho banks aro “‘recognizod” aa savings institutions by their State. It fortunately happens that in the Illinois Revenue law the oxistence of savings banks is taken cognizance of, and a special provis- jon is made for tho manner in which they shall make thoir returns to tho Assessors, and through them to the Auditor of State and tho Board of Equalization. Wo yenturo the hope that whenever tho managers, or <Assignce of the State Savings Institution shall make it plain to the lognl advisers of tho United States Revenuo Department that that bank Iins made a re- turn in conformity with this provision of the Illinois Revenue law, which return has been accepted, recognized, and listed as that of a savings bank duly organized under tho Inws of Illinois, this monstrous claim for “back taxes " will be abated by the Depart- ment; ond, if it fsnot no abated, we shonld recommend al! our savings banks to make common cause and fight tho assessmont in the cdurts, fully confidont that itconld never ‘be onforced. * Thoro appears to be a differonce in tub trontment of ,savings banks in tho New England Statosand intho West, The former -pay no taxerbn deposits; the latter find it dificult to secure o similar immunity, In this connection we invite attention to tho following extract from a roport of Mr, Pratt (Mr. Ieavat's predecessor in office), treating of tho injustice and inequality in the work. ings of the law in the two sections of tho country: Dy tho existing law, as aceon, tho deposits: made by any ono person ato not Wabie to tax unicas they ercced $2,000, and this exemption, Instead of he- ing confined to savings banks having no capital stock and doing no banking business, fs now, by recent legislation, extandotto clasres of Inatitu- tlons bearing kindred names, having capital stock, and making dividends, . . . It will also bo apparont at a glance how unequally this tax te distributed among ths States, Thue, upun a given amount of capital and deposits, the tax In Callfor- nia as compared with Mansachnsvtta is aa ten to occa. '| one, and Bichigancomnarcd with the same State aa elxteen toano: In Virginia as compared witn Vermont, five to onc. Tho City of Now York, porsassing taxable capital and deposits $50, 000, 000 N hart Maine, New Mnrapahize, Vermont, Mas sachueetts, and Connecticut combincd, payen tux threo tinies as great as those States; while thoes tame States, having capital and deposita threo times as great aa California, pay about onq-half the tax thereon that Is palit in California, 1 Present these figures for your consideration, and for such use as you may deem proper in your re- port to Congress, with this singlo remark: Thatlt deposits in these so-called savings institutions aro thunght a propor eubject for exemption from tax- ation, when thoy are employed with such profit- ahle reaulta, it were better to return to the rule adopted by Congress In 1840, when doposits mado by any one person in excoas of $500 were audject to taxation, Meanwhile, we cry ‘hands off" tho assots of the Btate Savings Institution, as to tho Government, the Bankrupt Court loechos, and overy one olso except the euffering de- positors, ‘ THE SOUTHER! NTTARY, Tho action of the Southern Penitentiary Commisalonors in selocting n site for that in- stitution is peculiar, to say the lost, It looks very much as thongh they have uet out with the detormination that the £200,000 voted by the lost Legislature shall bo ab- sorbed in the preliminaries, Thus they will preparo*the way for expending at loasto snillion dollara on the construction of a now Penitentiary, and postpono the necded relict for the Jotiot prison for a coujlo of yenrs, ‘Tho Commisaloners have fairly Inid them. selves open to this suspicion by sgreeing upon the Town of Grand Tower first for lo- eating the new prison, and now upon the ‘Town of Chostor, after Grand Towor was re- jectod by the Governor, Auditor, and Attor- ney-General, whose approval is necessary. ‘They have shown the most poralatent inton- tion to select some obscure, romote location, far removed from the centro of the Stato, diffloult of necoss, surrounded by unfavorable conditions for bullding, aud in all respocts caloulated to promote delay and increnso tho expenditures, We presume, of course, that the Governor, Attorney-General, and Auditor will veto tho selection of Chester as promptly os thoy did that of Grand Tower, All the objections that wore urged against tho latter lie against tho former. Chester is only ‘fifteen uniles north of Grand Tower, and is practically just as remote as Grand Towor from the cen- tre of the Southoru District which is to sup- ply tho prisoners, It ig surrounded by the some bottom lands, but is situated on a bluff, which - will necessitate an expenditure of €25,000 to 30,000 beforo tho foundation cau ‘bo laid, It ds five or six miles from a stone- quarry, which bas scarcely been opened and contains sandstone of at least doubtfnl quality, beater illustrates in itself the dis. advantages of the location, Though an old town, a grist-mill is all that it can boast of in the way of industry, Thoro isa little one-horsa railroad running between Chester and ‘Taomaroa, where it counocts with the Hlinois Central; but there is so little busi. neasdone that the forty miles of road wero recently sold for $60,000 (uot enough to pay for the old iron), aud the Receiver has just stated to the Board of Equalization that tho road was not paying even at that price, It iaknown in that section of the country a4 the '‘tri-weekly" road, because it runs out a train one week and * tries” to get it back the next, The location of the Southern ‘Ponitentiary at Chester would be nothing more nor less than a State subsidy to this bankrupt railroad, since the State would bo obliged to support it, or have nu way of teaching the Southern Peuitentlary except by :wagon and stage-coach, In vetoing this selection, the Governor ought to intimate very distinctly +o his South- ern Penitentiary Commissioners that they are atrongly susppcted of acting in the intorests neat for investing tha denosita: that ine} of a riog. and they will do well not to select any moro out-of-tho-ways siter, Io should remind thom that the firat purpose of estab. lishing a second Ponitentiary in the Btato was to afford relief to tha overcrowded prison nt Jolict, aud that this rolicf is necded at the earliost possible moment, He shontd tell them that all sensible men understand thnt the new prison shonld not bolocated any fur. ther south than Alton; that tho $200,000 ap- Proprintion was intondod to secure a Peni- tontiary, and not merely to be exponded in proliminaries; and finally, that the Commis sioners, and the Governor who appointed thom, will encounter 9 storm of public in- dignation if there is any more trifling in this matter, The Detroit Free Tres calls attention to a fact which has been quite generally observed of Jate—the provinclalism of the New York press. It gives tle fullowing instanass: Not one of the New York papers, except the Times, had a linc about the Detroit regatta, which was one of the most Important aquatic events that has hap- pened for years, aud tho samo papers devoted just efghtcon Ines to the recent brilliant and immense Knicht Templar gathering at Cleve- Tand. It has tong been a matter of notoricty that the New York Journals have fallen behind in the raco for news with the leading papers of Chicago, St. Louls, Cincinpatl, and’ some ‘other Western cities. With the single exception of the New York Times, they arc, compared to the Western papers, deficient in ability, enterprise, and Industry. In American news there is no comparison to be made, while fn foreign news none of. them are suporior, and some of them are behind. ‘The cause of this decadunce ts to be found tn the ubsurd and preposterous notion that there is nothing worth knowing outside of New York City, and as there Is very Ilttle Inside of it worth knowing, except the markets and slipping news, it iso matter of necessity that the papers should have litttc In them, This ac- counts for their absence from the stalls of the newsdealers, and the substitution of the mors enterprising Western papers. ———— The Now York Evening Post gives the follow- ing iluatration of what may be done to defraud creditors under the Bankrupt law by dishonest men willing to swindle and commit perjury? A merchant bought $12,000 worth of pe on eredit, and soon after had himaclf pat in bank- raptey by a friend, so he wonid have to pay noth ing fora reloase, procured a friend to be made As- aiznee, who had the stock appraised at $5,000, which another friend bougut inet s0 conta on the “dollar, and transferred tu tho urizinal merchant on the very day he received is discharge, thus vc- curing gonds worth $12,000 fore: 500, When one Of We creditors, prtechasing at hla store, asked a reduction un the urticio, giving n4 a fearon that he hau lost soinnch money oy him, the dobtor ex- claimed: ** Jo you taink 1 was such a foul ns to go {nto bankruptcy for your beneie?" It will he usked, How can auch things be and not cuine to the notice of tne oilleora of tne Court? ‘Tne prococd- iuge wero regulur, ond the Court relies upon the oaths made before {t. Liven tn the caso of tho bankcupt who has no desire to defraud, tha feos attending thy proceedings are eo enormous that, as the law atudent said, The alm of bankruptcy scema.to be to make an eqnitablo division of the assets between tae officers of the Court and the moambers of the Bar." ——_ Mr. Rongrt Mounis, of Lagrange, Ky., an emiucnt numismaticauthority, has written tothe Cineinnatl Commercial vorrecting 9 statement in that paper that the earlicat Jowlsh shokels wero colned 800 years B, C., and that one face bears tho symbol of tho ollye tree. Mr. Monnts shows that the carliest shekcls were colned in the year 135 B, C., in the reign of Sisto Mac- cauze. On one sido it has a cup, supposed to he orepresontation of the brazau layer‘of the Temple, and on tho other a bunch of three flowers, usually supposed to represent AAnON's Rod, The spozimons which bear an olive tres on their face are not shekels, but modals mado by the Jews many years alter their vation was destroyed. These medals ara very plentiful, and are to be found ut almost every cabinet. Tho genulne shekel, or dollar of thu fathers, le avout the welght of our hal¢ dollar, and ite in- trinsic yaluo {s 60 cents. : ————— The Mrs. R. B. Harss Temperance Society of Washington, which was so feartully torn up recently because the husband of Mra, Hares had the temerity to attach hor name to a buuquet and glyo it to the head man in the Scadetzenfeat procession, his at last recovered its equilibrium by passing a resolution that the head mau in tho procession was not a repreaent- ative of the Germans. Not beluga representa: tive of the Germans, ho could not bu ao repre- sentative of beur. Not being a represontutive of beer, the President did no harm in giving the head mana bouquet. This great question haying been satisfactorily avtticd, thy country can now return to its conskleration of tho cure runcy issues, which have been held in abeyance Pending tho action of these cheerful idlots In dispusing of thy head man in tho procession, and bls residential bouquet. tina The whites and blacks on tho Columbla (8. C.) Grand Jury have scewingly fraternized in ilnding Indictments against leading politiclans, On Friday last they found about a dozen; tho most inmportaut are agaluat Sevator, Parran- 20N,—ong fur bribery of mambersof the Leglslu- ture In the Blue Ridge Railroad aud other cases, snd another for conspiracy In a forgery for which F. & dacons igiudicted, Ex-Cov, Moss, “the robber Governor," ex-Licut.-Gov, Gieaves, ox-Treasurer Panken, ex-Prestdent of the Sevate Montooseny, and ex-Clerk of tho Mouse Jongs are fudicted for breach of trust, and Clerk of tho Senate Woopaurr fora $4,000 torgery. ——— re By a blunder of the “intellectual compositor," the words “ bank-notes " aroused when “logal- tender,” of courses, Was meant in the article on interconyertible bonds, The sentence should reads . If there aro two lngal-tender currencies, aa green: backe and gold, fur otamplo, the chuaper notes will circulsto and the dvuaror—gold—will retire, as we find by exporicnee to bu tho fact, In tho closing scntence of the samo article the words fp brackets were left out, viz.3 And tho Government would hare Interest (to poy) un all the paper muncy in the United Statos, ————— = A question arose fn the nilad of ‘the Comints- stoner of Interdul Revenue whether or nut a Vittaburg church must pay a special tax on tho aate of becrat a festival. Tho church people Keb around the expense by showlng that the Darkeeper bad a license and that thu deacons who handed the beer around didn't necd any. Astinilar view Is taken by the Commissioner, and tno decision will be of interest to all rolig- fous denominations, i ———— ey Several colored men drawn on a jury at Bran- don, V¢t., declined to servo because they did not understand the nature of tho duty, and the Court ustablishod a bad precudent by excusing them. The trouble with a great many jurors is, they understand too woll the iaturo of the sery- ico, and how {ft may bo twisted to taeir own clearly-defincd adyantaze. a . For years McCun Laan, of the 8t. Louls Globe Democrat, bas had ao obituary on the Pope, for which bo pald $90. Having worked (t of on Bytauast Youxa and collected his money, be recovers from the effect long enough to show that a majority of Ceaths io this country arise frou tho use of halr-diye. ‘Tho Circinnat! Cummercial says that the Oblo Balary-Grabber Beartr's objection fo the editor of Tux Cuicago Tatnuxe Is not on account of supporting Gaant for bis sccond term. “The socret history Is that Tus Tutnuse did not go for Guant for o third term. That was what was the inatter.”? ° ete It would bo impossible to find a more elab- orate ase or mury grandiloquent Har thau the man who alts {n the St. Louls Glude- Democrat uf- fico and Lnyents special dispatches from Chica- ge.- In Lis accounts of the Statu Saviuge fail- ‘ure be hos not yet ‘lightod ou a singly state- ment of fact, ———— ‘The Chicazo correspondent of tho St. Louls Glode-Democrat bas been writing up the fight between are Sucoven and Jar Goutn for Le Gaulols of Paris. He says: ‘The Maj. Sn Lovas is a mau robust and of lofty stature. AL. dng thick around hint, Jay Gorn Is, on the contrary, short and spare, TTe, tt will If remembered, had a quarrel a tow sears ago with « M, Fisx, another Anancicr, whom he killed in hotel with a revolver." Ithas heen determincd by analysts that the waters of the River Jordan and those of the Great Balt Lake are kdentlenl, But then this River Jordan fs tn Utah, and tts water ts nut ay Iighty.orized for its cirative qualities as fur its nasty taste and bad smell. ——— The leet number of Ifarper'a Weekly, tn on editorial upon Civil-Service Reform, mentions that “Donggas B. Eatox ts in England, and gp, the request of the Prestdent will make a varefu, Investigation of the English methods ot ciyip service management.” a Mr. D. D. Srancen: “Whose deal fa {tyr Mr. Gronas Von Hours: ‘It's my deal and Aveur Moone’s ante.’ Mr. Avery Moons *Glye me another stack of chips. peeenecincSeaeionan Mr. D. D. Srexcen fs devoting his whole timy andattention to the improvement of a neck. anving Institution, Are the Communists realy to divide the losg with Srancen's dopositors! —e PERSONAL, Tho defalention of Christinn C, Schmiq in New York reems to have been cool an’ dcliter. ate, and, from his point of view, an act of wortlly Prodonce. te was afraid the house in which by ‘wan cmployed would fat) and thereby deprive hin of Investmentain its stuck. To provide accing contingencies, he appropriated @ sun of moury and left for paris unknown. When Gen, Changarnior was in Afrien ho was Cotone! of a reciment, ani waa mute fcarfat of n draft of alr than of the tead of his opponents, His mind appeared to be constantly occapred with drafte of alr, On ono occasion the balls were fy. An officer saluted, and sald, ‘'Colonel, vou ara exposing yourscit,” **True," sald Conogarntor, 'woare fighting Ing gorge.” Ho turned up hia coat-cojlar. Col, Valontine Baker bas recsived the rank of Siva, or General of Brigade, In the Tanks) service, and has the title of Pasha. Ie will by under the orders of the Miniater of Pollce, and will be charged with the reorganization of the gondarmeric, or mounted poltco, Vater Vashs willreceivo about 819,000 a year, and his onzage. ment Js for threo years, Io will havo acvernl En. Slish officers under him as iuspoctore of distrets and for other purposcs, Tildon, hoped to prove through th test}. mong of Mr, Littlofold, backed ap by Litticheld's brother-in-law, Scoring, that tho Returning Board was gallty of the frauds wita which it was charged, But decring has now fallen into fluancial troubtes, and the Naw York Domucrats hare failed to tly im outas they promised, Tho consequence has en that Wid inemory in regard to many tinvor tant events has fatled him, and thus Mr. ‘Tilden’ lost venture promises to come to nothing. Tho New York T'ridune anya: ‘‘Therot fair prospect that Now Yorke City wiil soon ty able to plume itsclf upon containing a really large and valuable musical Wbrary, Mr. Jozep, W. Drexel, who fora numour of years has been a dlligent coltectar of muatcal literatare, has lutcly added to hla treasures about 309 works from the Inte Dr. Rimbault’s famous musical ibrary, Many of those works aro old and very scarce editions, and many uniquo manuscripts aro tq bo found among them."* A reporter of the Now York Tribune henrd ramors of the return home of A. Onkoy Ilall, and went to the country town whero the Hall family are staying to verify the rumor, topes were ralrod by Aconferenco with tho etation-ayent, who repurted that ho had received the following telegram: Twill be howe by the 6:30 tralay conte und mest ma, ‘Tho roportor waited until the train camo in, and then had the pleasure of secing Miss Alles O. Mall get into the family carriage and drive away rapidly to hor home, The death of the Hon. David Meads Woodson, of Carrollton, Ill., !s noticod. Ifo wae born in Kentucky in 1800; served in tho Kentucky Legialatnee, and helpod to ctect Slonry Clay; moved to Iingis In 1 was olected Proats Jndgein 1857; appointed Btato's Attorney in 16:13; elected asm Whig to tha Legislature in 1810; & candidate for Congress, and defeated by Stephon A. Douglas, in 1813; anid a member of tho Conetl. tutional Convention in 1944, fe waa Judgo of the First Juaicial Cirenit eighteen yeare, dectining a fourth re-electiun in 1807, Mo was a fourth tine chonen a legislator in 1808, Mrs. William Stearns, widow of the oldost sorof the late President of Amburat College, is debarred from recelviny her husband's share uf ths Alabama award by the fact that be was a British anbject, Mo changed hls altegiauco in order ty Protect his tnterosta in India, Whatever the hard+ ship may be in this case, there will be an ineuper> able objection to the intervention of Congress on bohals of Mra, Stearns, Hor husband detlberalely surrendered bie citizenship ant the benotits thot might accrue therofrom, Sire. Stearns {6 naw ia deatitute circumstances, and hna boen obliged to opon a school at Amborat, Midhat Pasha, tho illustrious Chief of the Young-Turkey party, who hes been visiting in Vienna recently, was born in 1822, Ho fs the son ofa Wulgarian Jow, who embracod Ialamian ta orderto mske his fortune. Atiho age of i the taek of securing tho pacifestion of Bulgaria was assigned him, and he accomplishod it in auch s way as tashow that clemency isnot the leading traitof hischaracter, Ho baa been twico named Grand Vizier, and was chicfly instrumental inthe proclamation of n constitution Ist year, In pet+ aon ho Is whort and fat, with o decided Jowish phyalognomy, o thick black beard streaked with gray, snd dark eyos, though no one haa cveracen bim without spectacles, Tho doath of Raptacl Ssmmes, a4 Mobile, on the 30th inst., hardly caaeod a ripple of inters atthe North, and yet he will be an importiat figuro in Amorican history when tha records of the TRebelifon aro put into permanent form, Ho wat born in Maryland about 2910, and at 10 yearsof age cutored the United States navy as mldship- man. In 1837 ho ‘became a Licutenant, ant in 18d commander of @ coast survey ute terwards, ho lett tho sca tomporarily, aut as volunteer aldo-de-camp to Gon, Worth during the Mexican war, Ifrom 1857 to 1sG1 he wat Becretary of the Light-Houso Board, which pusl ton hie resigned In order to bocums a Comanan lant Jn the Confederate navy, His asrvicss in ta Sumter and tho Alabama aro too well known 0 noud recapitulation in this place, auntveralty baa at last attained tho dignity of a notice in the Nafion, A coreuepondent of that Journal subsctibes to tho views not long since put forward oy the Hartford Courant, to the effect that the graduates of Yalo have lacked literary a¢- compllaimonts and Iterary taster, Tho curses spondent oxplains the facts by instituting a cuia- parluon between the system of primary vducstion fn Connecticut and {hat in Musvachusctts, Io 1874 thore were in Maavachuactte 104 public Ubrarlea; In Connecticut only aight. In the former State thero were 170 bizh-achovle, iu tho latter about 70, **The prevalence of Copper headism during the fate War in Connecticut wav an indox of the low slate of popular educt- tion." ‘The oditor of the Nation finde anaiher reason for the condition of literary pursuits at Now Savon in the fact that Yale draws many more atudente from the West and South—whero circum: stan re unfavorable to Mtcrary growth—than Uarvard dove, Pridoaux, Dean of Norwich, whose ams ing, goselpy letters have lately coma to light, ds acribes in one of them the vialt of iho redoubtble Dutch Admlral Van Tromp to Oxfora in uid ‘Tho University ofered to make hima D. C. Ls but he would have none of it. ** He was much gazed at by tho boys"—undergraduates—"* who perchance wonderay to Ande him, whow they bad found so famous in Gazets, tobe at best bubs drunkeing, creazy Dutchman. §poed (2 medical man of St. John’s Coll.) steyod in town on pare pose todriuk with bim, which Is the only thing bo 4s good for; and, for feare ho should tose soc com wendable s quality, bedayly excrclecth tt, for want of better company, with Prico. vur butter and Rawlins, the plumber, with whom be spender ail the thine be is here. elthor in tuo brandy ebop oF tavern.” got, waye Priteaux, writs. o fow days later, to the Unier-Sueretary of State, ‘+g greater victory over Van Teump here ta all JOUF sea ¢aptuios In Loudon, be confessing that he was uiuro drunk here than any were give eines bt canio to Eugland, whicn 1 think very little ty b> Donor of he University, Dr. Specu wus the chell’ man that encountered blu, whe. wustesine 1 about Ove or six os ably mien ay beef ut whe a vraady, got the Dutchuian te the Civwn T.sero. aud (Hero soe pled bin with deta that at 22 v clus ph algh they werw falute curry bins bo bls lid ‘Tho literary unproductivores: of Ya‘o 09 . roy