Chicago Daily Tribune Newspaper, September 29, 1877, Page 4

\ 1 THE CHICAGO TRIBUNE: SATURDAY, SEPTEMBER 29, 1877—TWE L PAGEN,; @rfir&hnm. TERMS8 OF SUBSCRIPTION. BT MATL~IN ADVANCE—] Jadty Eaitton, one yea ‘atta of A YCAr. perim tailed to gny sdire Eal iy *Lerary - and | Reiigions Satnniay kit 2ri-Weekly, ona year. Fartvof a vear. per monih. v T EDIT) One copy, per yeas Ciubof ten, Clabof tweniy Epecimen copt ree. To prevent deiay and miatakes he sure and give Posts Oft.ce addrees in full, Including State and Connty. Eumilitances may be made efther br draft, cxpress, Tost-Uftice order, ot fn reglstered lettets, at our risk. TERMS TO CITY SURSCRINERS, Dafly, delivered, Sunday excepted, 23 cents per week, Dadly, drilrered, Sundsy ncluded, 20 cents per week, Address TILE: THIBUNE COMPANT, Corner Madican and Dearborn-sta., Chicago, Nl Onders for the delivery of Tux Trinvxz at Kranston, Foglewood, and Hyde Park leftin the couating-room will receive nromipt attention. MeVicker's Theatre. Madiron street, between State and Dearborn. En- gagement of Fdwin Nooth, Aflernoon, **Don Cxsar De Wazan." Evening, **Hamlet.” Mesiames Do, Hastings, Maye,cic.; Mcsars. Booth, Wheelock, Plcrce, ete Tlanley's Thentres Randolph streer, between Clark and Lagalle. En- gagement of Gieorga 8, Knight. (0. Merdames Worrclis, Thompson, etc. ; Mesrs. Knight, Thompeon, White. cte. Afterncon and evening. Adelphl Theatre. Monree street, corner of Drarborn, Fngagement of Mr. and Mre, Frauk 1. Fraype. 'Sl Slocum." Afe scrnoon and evening. Waod’s Musenm. Monroe mreet, between tate and Dearborn, Ene sazement of liernander, Faster. **Jack iarksway,” Nariety Olfo, Afiernoon and eventug. New Chicago Theatre. Clark street, opposite Shermnn House. Haverly's Minatrels. Messre. Howard, Iyman, Thatcher, Mey- Foud, ¢tc. Afternoon and evenlng. Expaosition Ballding, Michigan avcuue, foot of Adams street, Day snd esenini, SATURDAY, SEPTEMBER 20, 1877, CILICAGO MARKET BUMMARY. The Chlcago produce markets were generally firm yesterday, with a falr volnme of business daolnz. Mess pork closed 10@12%c per brl low- er. ot 5031 for Octoper and $13.05 for Jdant Lard closed casler, at $8.70 cash 13 ecller the year. Meats were stronp, for loore shoulders and 8c for do short Lake freights were casier, at 4%c for corn to Luflalo. 1lighwines wero steady, at $LO8 per gallon. Tlourwas dull and Grm. Wheat closed firm, at 81.17 for September and $1.00X@1.00% for Octoher. Corn closed #ic higher, at 4243 canh and 42%c for October. Oats closed firmer, at 23%c cash reller Uctober, Rye was quict, at i2c. Tar- ley clused steady, at61t4c cash and seller October. Tlozs were active apd closed flrm, at fic advance. Sales chiefly ot & .75, Cattle were doll and unchanged, with eales at 32.0025.40, Sheep cre in fight demand at §2,75@4.50, There was cled into ¥tore in this city yestorday 405 cars wheat, 454 cars and 17,600 bu corn, 120 cars and 17,000 bu onis, 45 cars rye, and B85 cars bare Jex. Total (1,300 cars), (07,000 b, One han- dred dollars in gold would buy $102.87% in green. backs at the cion Greenbacks nt tho New York Stock Ex- chango yesterday closod at 974, A fenrful holocaust of innocents lit np the startled village of 8t. Gregoire, in the Prov. inco of Quebee, on Thursday night. The residence of n citizen named Gouvzip, at present in Californin, canght fire, aud his seven children and a serving woman porished, tho wife aud o malo servant bavely cacoping from tho fatal structure with their lives, The attempt of the Government to reclalm §500,000 from WLty McKre, of St Louis, yesterdny fell to the ground, the Judge of the United States Court holding that the purdon of the President washed the sinful Deacon whiter than snow, and left him in® quict posscssion of nll the whisky money ho mny have saved from tho gront lawyers who so ubly shortened his way to the County Jail, T T T — 1t in anzounced from the Patent-Office that that iustitution is onco more in complete ruuning order, and ready to resumo the rou- tino. of busitcss interrupted by the fire, The Commissioner will ask that patentecs rastore ot their own expense such models nx weredestroyed; notsanintaining that the Goy- ernment is not under obligutions to make good the duango to the property in’ its cns- tody, but believing that it is to the advantage of the pateutecs Lo tako upon themselves the restoration of tho models, capecinlly as they will thereby linvo the privilego of remedying defects and illustrating improvements dis- covered since the originals were constructed, e Jefferson County, New York, is one of the strongest Republicsn countios in the Btato, aod as such the action of its Conventlon has o signiticanco whicli even Mr. CoNgLING'S egotisin will not prevent him from recogniz. Ing. The Republicans held their Convention at Watertown yesterday, and made haste to correct tho impression, it any such had gono abroud, that Senator Conrrixe was tho roce ognized dictator of the party in the Empire State, 'Their resolutions not only fully iu. dorse President Ilayes’ entiro course, but the Convention clinched the matter by ndopting 3Mr. Cunrs’ resolution, which, ntibe Sena- tor's command, was unanimously kicked out of thu Rochester Convention, Pttt iiviiatide s President D1z, of the Mexican Ropublis, Les not the wost perfect confldenca in the loyulty of his Generaly, knowing, asho does, the many temptations to which they are gnb. Ject in s conutry where revolution s the sormul condition of things political. Gen, "I'uevixo, tiriug of his commission, and per- Laps prompted by a secret ambition, desires to retiro from the urmy, but the President is disincliued to spare him, for reasons best: kuown to the National Exccutive, chiof cwong which i the knowledge that, so long s the Generul's resiguation is unaccepted, euy uct of trenson on bis part way, under the law, render bim liable to millitary trial aud sudden death by the bullet. All the way from Victorin—which is it sclt o coiucidence—comes & narrative which wauld dulight the heart of Vieros Hvao, It is of & poor Indian woman who, while bath. ing,—. lusary, bythe way, which Indian women in the fur Northwest are bat rarely given to,—was ncized by o devil-fish and drugged to the bottow of the ses, where tho Lody of the womnn was subsequently rescued by bermalo relatives, They found the re- aaing in the borrid embrace of the monster, end secured it only after soveriug the ten- tucles. Not being of a scientific turn of mind, the sorrowing savages let slip the op. portunity of furnishing a still bigger xensa- tion, and made no attempt to bag the octo- pus himself. A deeision of particular importancs at this time, os affecting the question of ile lisbility of stockholders in the broken banks, and, whit is woro to the purpose, of the method of procedura to ascortain and enforce such Lubility, was yosterdsy rendered by Judge MoArowrzs in the Circuit Cowt. The his | ishment for his crime, tory of tho case is narrated in our local col. umns, aod it will be seen that the effect of the decision ia to eatablish the rnlo that the long, and tedious, and practically impossible remedy of each creditor sucing each stock- holder individually is not the sole remedy, but that one creditor, jointly with the As- signes or Recelver, may bring suit against all the stockholders at once, and in this way de- termine and enforce in tho most direct and simple way the liability of all by a decree of tho Court. We print this morning, as of national in- torest aud significance, the remarkable speeches which signalized the proceedings of the first day of tho Now York Republienn Convention—the speech of ex-Congrossman PratT, the disappointed aspirant for a place in the Cabinet, full of malice aod bitterness againat the Prosident who refused to appoint him and the man who got the place he wanted; the speech of Mr. Fons. TER, Whose manly and moderats pro. test npainst tho indorsement by the Convontion of the sorehead gullty of this diatribe onght not to have been unavailing the clognent spocch of Gronor Wirrias Curtis in support of his resolution com- mitting the Repnblicans of New York to the support of an Administration which has put in practice nothing more than sound Repub. liean doctrine; and the bitter, rancorons, abusive spesch of Semator Conxrino, who was only more hostile becanse more gifted than the henchman who had preceded Lim. — It is difficult to understand why Sypxey Mryzns, ploading the privilego of a panper, should have three leading nttorneys nssigned 8 Liis counsel, when nny one of them is com- petent to securo him a fair trial, Thore 18 no demand for Messts, Reep, Bwerr, and Danyuat, unless it bo the purpose to search out and take advantage of every technical r- regalarity that may bo found in the indict- ment, or the law, or the prosecution; and certainly tho Biate cannot be expected to provide lawyers to that end. JMr. Mryurs' case is n simplo one. If he can explain tho mysterions disappearance of his defunct baok's assats,—if ho can show tho Re- ceiver that the onormons deficiency las been lost in bad investments made in good faith, wa bave no doubt that tho State's Attorney will enter a nolle ot onco. This ia an oasy mattor if Mr, Myzns hna been ns steadfnstly bonest as he claims ; bat it isthe failure to do this that Lis led to bis indictment. If ho cannot do thiis, but is guilty of having misappropriated the funds of depositors to his own uses, neither thointerests of the State nor of public justice domand that he shall beassignod threo eminent attorneys to search for any possible loop-hole through whick he may escapo pun- Mr. Myens or his friends may employ a score of such attor- noys for that purposoe, if they like, but the State will have done its duty when it nssigns ono who is competent to sco’ that Myens has {air play whon his caso comes to trial. BAVIRGS.-BANKS LAWS. The Hartford Courant is determined to ac- count for tho eavings-banks failures in the ‘West by the absonco of proper laws, dnd to ingist that -full and completo protection of depositors may be secured thr -:gh such o statuto as Connccticut posacsses., It is so confldent of this that it oxprosses the bolief that * when tho present Chicago banks pass away their places will be filled, do doubt, by Lealthy ones built up on the Flan of ours,” Tho features of the Connecticut law aro bricfly outlined in the following paragraph : They have no stock, All tha moncy that is made Is divided amongz the depasltore, not among stockholders, The character of thelr loans and In- veatmonts fs prevcrlbed. Tho amount that ean bo deposited by any one person in ‘a year (s limited, Oficers aro furbldden lo be borrowars, Sworn statementa are demanded by law. And spectal ofti- cera are iberally paid to make personal Inspection of the bauks and report upon them. Grons folly, ar criminal neglect, or violation of law and duty, would be tieceseury to bring any oneof our banks to the fulling point. These Western collapses aro really the vindication of our system; and it docs not vitlate thia statement to point to broken banks in Now York, whera thero {s inspection, Not ona hias been brought to Iight there yet, that we can tecotlect, where the Trustces wers not heavy bar- rowers, it not defaulters. ‘That sort of thing—a borrowlng Trustee—is forbldden by our law; aud where the Iaw Ia vbeyed the bank Ia safe, ‘The wenkuess of the Courant's position is admitted in the closing sentence: * Where the low is obeyed the buuk is afe.” | That is preciscly tho troublo, Protection of de. positors under any law regulating savings banks must bo Lased on confidence in the bouesty of human maturo; but experionce haos proved that this cannot bo trusted. Such law o4 there was n this Sgate, which con- slsted molnly of the conditions incorporated in the special chartors under which the banks did business, was disobeyed. For instance, it was required in every caso that there should bo n certain amotat of paid-up cap- ital for the protection of depositors, yet thero was not. The National Bank nct is reganded as o very thorough iustrument, and containg all possible restraiuts upon those doing business under it, yet it does not pro- tect dopositors, becauss its requiremonts are sometimes evaded by Lank officers, and be- cause the examiners are not always strict and accurate. Now York Lias a special and well- pald oficer whose business it is to inspect the saviogs banks, and hold them down to the legal requirements, but it is not long sinco the collapso of one of these instie tutions revealed the fact that tho State In. srector was cognizant of its coudition and allowed it to go on till the crash came; that official was removed but not puuished, En. gland Lad well-digested and thorough laws, butthey did not save the peoply from the loas of millions throngh Ll:erlishou&ty of tho bank officers, and it wos the demonstrated ineffi- clency of any system of law to protect sav. ings depositors from loss which lod to the postal savings-bank system, Every possible device of State inspection under our form of Govornment must be intrusted to some agont sppoluted by the political power, and it needs no argument to show (hat the selece tlonis usually governed more by political considerations than persoual fitness, 'The fact that Connecticut savings banks have not yet failed is by no means a guarantee that they never will fail. ‘I'bere may be in the futare, and certainly ought to be, a3 good a law in Illinois as there is lu Connecticut for the control of savings banks, but it cannot be an absolute pro. toction to depositors. This can only be ob- tained through a system of post-office #avings banks, or o popular bond of sunall denomination and low rate of interest, or by & union of both these. suggestions. The wisest suggestion tlat has been mado, per. haps, is that the post-offices (corresponding, #ay, to the present money-order offices) shall receive deposits up to a certaln amouut (not exceeding §500), and that there shalt bo pro- vison' for investing savings funds over @ certain amount in the popular bondy,— both deposits and bonds,—bearing interost at the rate of 4.05 perannum, partly because that rato is high enough and pastly bo. canse it is so easy of compntation. Under snch n system tho savings depositors will havo n protection always equal to tho Gov- ernment credit, and this is the highest that can bo given. The Govornment will ba the gainer by converting a large part of its in- debtedness into bonds on which it will pay a lower rato of interest than it is now pay- ing. 'The wholo conntry will ba benefited to the extent that the present foreign indebied- ness may be convorted into a liome indebt- cdness,—the interest on American bonds go- ing to Amenican citizens inatend of tho citi- 2ens nud eapitalists of other conntries. Thia is the Lroad solution of the savings-bank problem, which nt best finds only a par- tial and nncertain solution in State laws for the inspection of private banks, It ‘will not be an experiment, Lecauses tho fensi. bility and ndvautnges of tho system have been matisfactorily demonstrated by the postal savings-banks of England and Canada and the popular lonns of France. Thero will bo no Goverament interference with private savings banks, which may still attract busi- ness by offering n higher rate of interest than tho Government offers. The Govern- ment will not compete with private institu. tions, but leave all men freo to deposit whore they like, nnder the general notice that, n the one case, thero will bo low interest and no risk, and, in the other cases, a higher rate of interest, but at individual hazard. The cholea will Lo for evory person to dotermine for himself. MR, CONKLING'S PARTY, The Coxgrva Convention in tho Stats of Now York has presonted to the Republicans of that State n now issue. It lins declared war upon the Repnblican President and Ad- ministration, and asks tho Republicans of Now York to indorso and approve that hos. tility. Thae election this fall in Now York is for local officers; the only thing havinga national character in this clection is the choico of n Legislature, one branch of which, two years honce, will tako part in the clection of n Senntor of tho United States, Mr, CowkLixg hns, thercfore, submitted to tho Republicnns of New York a now test,— the bloody shirt and the spoils systom,—and insists that the party shall indorse this war upon the President, and vote for State Sen- ators who two years hence will elect Mr, Coxxuiva, as the champion and chiof of the spoils system, to represent the Republican porty in the Senato and before the conntry, Wo do not beliove the Ropublicans of New York will submit to the dictation or indorso the war aguinst tho Prekidont to maintain tho rotton and disgusting spoils system. Wo do not believe that tho Republicans of New York prefor CoxxriNG to the Republic- an party, or will accept his doctrine of a di- vision of spolls in place of a reform of the Civil Servica of tho country. The Republic- an party at the Cincionati Convention strougly and emphatically denounced the CovgriNa machine-system of appointments and removals, and demanded that it should Lo broken up. That is the platform of the TRepublican party. That does not suit Mr, Conguiva. Ho is liko the man who cordinlly approved and indorsed tho Maino Liquor law, Lnt was detorminedly opposed to its ex. ccution. The Presidont has undortaken to enforco the Republican platform adopted at Cincinnati, and Mr, Conrrvo declares that that plntform shall not be enforced in the Blate of New York, where ho and his frionds aro in control of tho party organization, Tho nominces of {his New York Convention may be Republicans, and the persons nom. innted for the Logislature may bo Repub- licans, but they sve put in nominntion in open and direct hostility to tho Republican platform, and ‘can no moro clalmn support ot Republicans on porty grounds than can Dosa Fweep or any othor veteran opponent of Civil-Servico reform, or any other claim- ant for tho right of officcholders o control all party conventions and nominations, and thus govern thy wholo country, Mr, Coxx. LING was ablo, by the ngency of his trained bauds, to capture and control the Conven- tion, but Le overdid the work. Instead of presenting tho Republican platform and asking tho party support, ho has repudiated that platform, declared for the supremacy of the spoils system, and proposes that the Adwinistrotion shall be defented in or. der fhat the - spolls system be main. tained. Wo should nssume that, if the mass of tho New York Republicans have the same notions 88 Hopublicans genorally, a vory large portion of them will, at tho elec. tion in November, lot Mr. Coxxring's plat- form and caudidates soverely alone, The responeibility for this defeat will rest upon Mr., Conkrino and his followers. It will not Le the finit dofeat of the party in New York for which lo is responsible. Iiis policy has been to defeat every Republican candidate not nominated by himsolf, or who might be- como a rival of himself, It s probable that this timo he will succeed In not only defeat- 1ng the party but of rendvring his own defeat two years honce o certainty, Ile will then ba In tima to become the Democratio candi- date for President ‘in 1880, The defeat of this Conkrivg platform will be permitted probably at this election in ordor to unite the party for the future in support of the President ond the Republicans policies, ——y CLOSE OF THE ELECTORAL DISCUSSION, 'Ihe whole country has roason to be grate. ful to the Hon, H, It, Pavne, the ex-member of Cougress from Cloveland, for waking a public stalemont which must dofivitely ter- minate the uicless and tircsomo discussion of Prosident Haxes' titlo to his office. Mr. Paxne js'a Democrat and was a momber of the famous tribunal which atvarded tho Presidoncy to Hares. His statement of the situation, and of tle Democratio purposs in agreelug to the Commiswion, cannot be called in question Ly the Democratic party, and yot it §# conclusive thut whatever sharp practico thero was [u the dvvelopment of the schemo was on the part of the Democrats, and that their Lopes, based upon this sharp practico, were disappointed not by any sction of the Republicans, but by the Democrats them- sctves, Thero are two important points in Ar, Payne's recent speech in reforence to this matter, 1. Mr, Parse admits that the legalsitus. tion relative to the count was of a character that left the Democrats no hope of securing the Presidency for Mr, Tuwpzx except through ‘cowpromise or arbitration. The' twentysecond joint rule (which emabled efther Houso to throw out the vole of any State by simple objection to fts being counted) bad been repealed. Senator Mog. 705 Dill, covering tho uncertainties of the Electoral count, bad been suspendsd by & wmotion to reconsider. Both theso condi- tions Lad been brought on without reference to the dispute over the election, and before there was any reason (o suspect that there would be a dispute. The strict lotter of the Counstitation left the coanting of the vote to the President of the Benats, who would un- doubtedly by guided by the prima facie ovi- donce of the returns: and Mr. Payas admits that, had the Houso refused to meet in joint session fto be present at this count, but had procceded to clect Mr. TrzoEx by & vote of States as represont- ed in the House, tho action **would have boen revolntionnry and futile, inasmuch as the contingeney provided in the Constitution for much action hnad mot occurred.” This tho Domocrats had everything to gnin and bunal of arbitration, and that the only risk publicans, who might havo lost the offico which the existing condition of things wonld certainly have given them. 2, Mr, PAYNE says, in effect, that, not- withstanding this obvions advantage for the Democrats, they still would not have ac- qmesced in the schemo for the Electoral Commission had they not felt confident that Judge Davis would be ehosen na the fifth Supremo Court Justice, and virtu. ally the deciding member of the Commis- sfon; and he might lave added that thoy nlso felt confident that Judge Davis would decide in favor of Tiuoex, forit was this confildenco that evidently constituted their preference for bin. In saying this much, 3Mr. PAxse has virtnally confessed that the Democrats went fnto the schemo simply bocatise they believed thoy had * put upa job"” on the Republieans.” dMen who stand convicted of such unworthy motives have no right to complnin, and no claim upon public forbenrance, if their sharp practice bo subsequently defentod by nnforescen cir- cumstances, In fact, this pretty plot of the Democrats was shattered by tho Democrats themsolves; for it wns Judge Davia’ election to the United States Senate which preventod his serving on ' the Commission, and that olection was secured by tho Democrats of Tllinols, with tho nasist- anceofn fow Independent votes, in opposition to the regular Itepublican candidate. Mr, Parye does not seo why this circumstance should have induced Judge Davis to decline serving on tho Commission, though the lnt- ter's senso of propricty was moro nacate, But if Mr, TArse iosists upon n partisan reason for hia declination, it may possibly bo found in the theory that Judge Davis folt ko would ba constrained by law to sustain tho Haxes case, and hesitated to assnme the responsibility immediately after ho had been clocted to tho United States Sounte by Dom. ocratio votes, At all ovonts, Mr. Parse's statement of the case should pat an endto the dispute over President Iliyes' title to lis offlca which a few of the disappointed office- seekera nre atill inclined to keopalive, After this Domocratic confession that the agrue. ment to the Electoral Commission was givon (1) beeausa this was the only hopo ‘for Mr, ’fu.nzx. and (2) becauso the Democrnts sup- posed thoy would be able under the terms to shape the docision of the Commission to suit themsclves,—after such a confession, the less the Democrats talk about fraud, oithor in tho law crenting the Commission, or in tho organization thereof, or in its final declsion, the bettor it will be for them. T — AQRICU] E IN THE BOUTH. Baveral of the Southern papers afford grat- ifying indications that the peoplo of that seotion are improving tho roturn of peaco and order by giving their attention vory seri. ously to tho agrjoultural prospects of their States, and the moans of incressing pro. ductiveness, espucially in cotton and Bugar. Tho prominent papers aro discussing thess mattors nnd subjects kindred to thoem, and devote considernble spaca to information as well a8 to tho views of rural correspondonts, The New Orleans Picayune, one of the most influentinl of nll the Southern poapery, is especially noticenblo for its efforts in this direction. It devotes soveral columns each weok, which used to be given up to wrang. ling ovaer Stato politics, to subjecta of inter- oat In connection with the farm and crops, tho workshiop, factory, home, school, and church,—unmistokable cigns of the benedl- cont resulta already flowing from the Prosi- dont's pacifie and conciliatory policy. In ad- dition to this, like Titx Cascaco Trinung, the Picayune has detailed n commissioner to visit the Gulf Coast country, and roport upon its productivoness, its sdiptability to cortain crops, and its agricultural prospects, as well 8 tho condition of the farmors, It is alrendy discovered, lLowever, that thero are many obstacles to the successful prosecution of agriculture, and ono of theso is so curious ns well as serious that it {s worth more than a pasaing notice, It is substantially o farmers' striko in Mississippl. Tho results of the War, os {8 well known, impoverished the cotton-grower, and subsequently Stato legle- lation has tended to keep him poor. A recent measure Lins boen the enactment of a statute entitled ** An act for tho encouragement of agriculluro and for other purpusca.” ‘This statute makes it directly possible, and in. directly compulsory, for the farmer to pledge his stock, homestend, and all crops to be grown by Lim for cightcen months, by deed of trust, as a basis of credit for his supplies. At the first glanco the statuto appears to bo of great advar ‘go to the farm. or,-but it has provea 10 be a delusion and asnarc. Under its oporation the sup. ply-man, who is usually the local merchant, rofuses to extend any credit at all until the trust.deed Is signed. By signing the deod, the § farmer culs bimself off from oredit from all other mources, inasmuch as the statnte makos it a ponal offenso for the farmer to tell or otherwise dispose of any part of lis crops or property, without the consent of tho supply-wan, until the deed is satisfied, The farmors are thus left abso- lutely in the clutches of the snpply-men, and the latter Lave beon improviug their appor. tunities by putting up prices to an extortion. ate fgure. Bome of the Shylocks, it is stated, have bouglt meat at $3 per barrel and bacon at from 8 to 11 cents per pound, and charged the farmers §9 for the meat and from 17 {o 22 cents for the bacon. In addilion to the selling price, they bave piled on interest at all sorts of rotes, from & mini- wmum of 1¢ per cent to a maximum of 20 per cent. lesides this extor. tion, the farmer is required to pay the expense of msaking and record- ing the deod. ‘The rewult of ol thus, in the majority of cases, Lus been that the farmer has not boon able to realizo suflicient from his crops to pay off tho account, leav. ing a formidable deficiency to be carried for- ward on bis indebtedness to another year. When tlus deficicnoy reaches a certain amount the supply 1erchant’s trustee closes up the account by taking the Lomestead, Agalnst thus extortion tho fanners have risen in rebellion. In other words, they bave struck sgeiost Ligh prices and usury, and to guin their point thoy have organized them. solves info socleties, and are co-operating with each other cither to compél the supply. men to abate their extortion, or to fix the rato of 15 ceats per pound for cotton ko as to set- tlo accounts. This. however. is only an incident. and statement of the.cnse certainly shows that nothing to loso in the agreement upon a tri- that was taken was on the partof the Re- some way will undoubtedly Lo found to hiarmonizo the differences between the farm- ersand supply-men. Tho moro important fact remaina that tho Bouthern peoplo nro onca more turning their attention to agri- cnlture, and are socking the best methods of incrensing the productiveness of their soil and marketing their products. The in- formntion which they are gathering, and tho inducements which they may hold ont to Inbor, have a direct bearing upon Nourthern emigration, and may alsojopen up opportuni- ties for the investment of Northern cap- ital. It Adds to fhe gratifying character of the prospect that thoy ara aleo piying ntten tion'to the kindred topies of the workshop, the factory, the school, the Lome, nnd the chnroh, Theso lay at the very fonndation of happiness and prospenty, Nothing can 80 quickly restors the South as the promo. tion of agrieultural and mechanical labor, oducation, social order, and religion, and nothing testities mora cloquently to tho soundness and beneficence of Mr. Iares' policy than' the fact that it lins nlrendy brought about such an ern of peace and order that the Southern peoplo ara induced at last to drop quarreling with the North and wrangling with the blacks, and to give fheir attention to theso vital conditions of pros- perity, M'CLELLAN'S MILIATION. No political party in this country, unless it ba the Democratie party, hns renson to wish Gen, McCreruan ill. The Republican party owes to him one of its most magnificent tri. umphs, and the gratitude of that party s still 5o active that it ahrinks from sceing him degraded as he hnas been in Now Jorsoy. That tho Goneral of the finest army the world has ever seen should descend to becomo n oandi- date for Governor, and a Democratio candi- date nt that, and nbova all a candidato in New Jersoy, is a seriea of reverses in view of which humanily need not be ashamed to drop a sympathizing tear, It is time jn. compotency should no longer be punish- ed as a crima in this country, and Gen. M- Crrrray has beon gullty of nothing bnt in- competency, Ho has always had an opinion of his own merits which the march of events and tho suffrages of his fellow-citizens have refused to justify; but inordinate vanity is only a personal offense, not a public failing, Incompetency itself, which the people never forgive, is the will of Gop, to which man. kind should bow with n meek submission, The country long ago bowed in this manner to tho incompetency of Gen. McCreLraN; and, sinco ho has been deprived of the posi- tions in which ho could work vast injury to publio interests, no humane man has ever desired that Lo should Lo punished for his constitutional defects, It is becauso wo wish him so well that wo do not desire to seo him electod Governor of New Jersoy on the Domocratic ticket. 'The biographer who shall be called upon to recorl 80 pitiful an onding to a career that once promisod to bo groat may well throw down his pon, ond refuse to falfill the dutics of his offico, ¢ Charges " have beon bronght ngainst the integrity of Gen. McOLetraxN, His uniform and his integrity wero all of his former glory ho atill could call his own, and his admirors will not rajotco to sco him deprived of o shred that remalns to him. But the licontious and cruel press will not spars him, That reokless newspapor, the New York T'imes, sssorts that ho hns * figured in the role of a moth-extenninator ; that tho ex- pensivo process of Cowrrs & Co., which cost tho Govornmont $489,000, waa approved by Gon. Maroy, fathor-in-law of Gon, McCrer. 14N, and that tho lator was pald 84,875 cash for his influence. 'The extent to which Gon. MeCrreLrax was ongnged in the job may b Inforred from this document: PrutAoELritia, Aug. 3, 1872, ~The Jon, George X, McCletlan, New York: For and in considera- tlon of the sum of $1, the recetpt of which fa heroby acknowledged, we aproo to pay you five (5) per centum of any sums which may bo pald to us by the War Dopartment of the United States out of the future appropriations oy Congreas for the pre- servatfon of army clothing and cquipage by our process, Gronar A, Cowrrs & Co. ‘Tho commission was subscquently in. cronaed to 10 per cent, as appears from au- othor lotter published by the Z'mes; aud the same paper prints numbers, dates, and amounts of four checks paid to Gen, Mc- CreLtan by Cowirrs & Co., sggregating $4,375. As frlends of Gen. McCrrLraw, we are not pleased to confess that this record has a damaging, uot to say & damnged, look. It s true that the moth-exterminating contract wos & fraud of the worst kind; that the patent wns pronounced worthless by scveral Army Boards btore Gen. MoOLeLuax's fath- er-in-law took hold of it; that two-thirds of the money realized from Government was clenr profit; and that the swag was divided protty liberally. Doxn Pratr, the Washing- ton ngeut of the Riung, has already told the story in his frauk and Ingenuous way. Bnt Gen. McCOrerzan has, of counio, some explanation ready. It is true thot the mioney was pald him De. foro he went to Europe, and could not thorofore have heen for his services na n moth-exterminator among the efote dospots, 83 Lo claims it was; besides, tho contract reads expresaly ¢ sums which may be paid to us by the War Department of the United States.” There must b o some other expla. nation. It cannot be that Geu. McCrerLian s dishonest; that he is as much of a fraud morally as ho Liaa been shpwn to be intellect. ually, If this were trne, our idol would be indeed shattored in every part, aud it would not be a disgrace too severe or too public for him to become Democratic Governor of the alleged State of New Jersey, ——— The editor of the Chicago 7 {mes returns to his * Tlesixa cabal” fabrication, and reiter- ates Lis falschoods with renowed vulgarity and increased fouluess; but notbing belter can be expocted of Mr. W, Fouruouru Sronxy, as it is according to his nature, When Mr. W, Fovruours Bromey says “he has beon informed * there is a ¢ cabal,” of which tho editor of Tux TnisuNe is a party, to make snybody a Senator or & County ‘Ireasurer, he utters deliberate falschood, He lins never been informod (hat there is any such understending. He can't name his informants ; be can’t produce tho slight- cst ovidence to substantiate his allegution, because Mr, W, FourLxouta Stonky has con- cocted tho whole thing himself, The Z¥mes is in a Senatonal-Treasurer cabal with Hzsina to tho same degree that Tus Tris- UNE is, and Mr. W. Fovrmouvra B. kuows it. When Mr. W, Fourumours Bromey soys #the ollogation that the ZVmes is influenced by any feeling of personal dislike of the base whisky thief, is unfounded and puerile,” he utters another untruth, kuowing it to be such. 'The personal quarrel between the two men is an old one, dating back beyond the time of the whisky frauds, as the files of the T'imes prove. ‘Tho werils of the quarrel aro about as important to the general public, and about as much understood, gs the merits of the Schleswig-Holstein question, but the fact Jiedt of an old personal quarrel and of bitter per- sonnl abuss for years ia attested by the columus of Mr. W. Fourmourn Stonry's pn- per, and it is absnrd for him to deny it. There is no need, however, to follow the Iying statements of Mr, W. Fourmourn Sroner in'dotail. Tho whola case is simply this: Mr. . Fovryourn Srorer had heard Mr. Wasninarox Hxsiva talked of for Conn- ty Trensurer, just na other Republicans had boon montioned. 1lo maw in this an excuso for writing moro of thoso violently-abusiva articles againat tho father, and etraightway commenced emptying his slop-buckets over him. Not contant with this, ho has dragged others mnto it by inventing the lying state- mont of *‘a enbnl,” with which Tz Omosco Trinuxz has no moro connootion than Sto. ney and his Zimes. ‘Wa reférred briefly, the other day, to the pastoral lotter issued by tho Cardinal-Arch. bishop of Cambray, in which he defined the relntions of the clergy to the forthcomlng election in France. Sinco that a atill mora direct and suggeslive utterance has been made by Cardinal Doxser, who, in an ad- dress to Marshal MaodMamoy in Bordeaux Cathedral, snid: Franco—I speak of that whicn prides itselt ona Rreat past and glorious teaditions—ia pleased to ad- mire, personified in yon, its anclent honor and ite chivalric devotion to holy canses. We wilt nut—T #ay 1t emphatically—give some an opportunity of evoking wo know what phantom of tncocracy, but we wish to afiirm that France and religion are In. separable, and that to proecribe or mutilate the Intter1s to give up the former to irreparable mis- fortunc. Buch, M, ls President do 1a Repubdlique, In your conviction, as it js mine; and thisls why Qop han chiosen yon, without, and perhaps againat, your witl, In s day of reparation, ,(ion's hand i onyou, Your pacific task will be facllitated to the end by the blessing of the head of Cathollelty, —of Prus IX, Notwithstanding the Cardinal'a disclaimer of thoocracy as an clement in tho election, his significant connection of AMarshal Mic- Mauox with the Popa was so palpable that the Journal Officiel, while publishing the ad- dresscs of other spenkers, omitted the Oar- dinal's words, The Convention of The Home contributors of ‘Tua Tnioune, which concluded its dellbera- tions yesterday, furnished another {nstance of the demoralizing influence of offico, and of the tendency of all bodics to divide Into rings or coterica, Couldone Imagine n convention whose proceedings should be more harmonfous? Tho delegates were ladics, whose sweet lives wero act to the poetry of the cooking reclpe and the music of the cruchet necdles. They had dwelt mmong harmonfous minco ples and scraphle Jellles. They had had an idyllic existence of alr-castics and pastry. They had wrltten of love, inoonbeams, potted roses, nud the plash of falling waters, They never came nearcr to real life than o crimped doughnut, and yet when it came to the clection of officers, when the votes were counted and tho result an- tiounced, {t was discovered that there had been o *ring, and that it had elected its entire ticket,—that the Convention was no better than the County Board or the Rochester delezates. Then the love, aud the moonbeams, and the slsterly alTection, and tha caressing pet names, all disappeared, and human nature revealed all the bad qualities of tho old Eve. Roszoup frowned at CHiNA BLue, ond Henon's FraTuzn. drew aside her skirts to avold tho touch of Benri, the ringster. AMARANTR tossed dls- dainfully back to SweET FIrTEEN the violot sho had shortly bofore recelved from her, and Mavp whisped In Genriz's car, “That poetry you read was stolen.” The reporter of the proceedings stood perplexed between theso wurrlug factions, like & mule between two bouquets of roses. Appeals clto by both, lie dared sido with neither sweet charmer, and bo left them to fight out their battics alone. As 1s the occaslonal cus- tom of the vanquished, they doclded to bolt the ticket, and, putting their crimps, and curls, and frizzes togother, determined to call another convention, the proclamation for which 1s to be soon {ssued. Nut they should think be- fora they loap—~befors they break up the prand old party. There fsn't room for Tho Town Home and The Country Home, any more than for a City Republivan party and a Country Republlcan party. If The Iloms needs reforining, stuy inside the organization and reform it, and not go outside and ally your- sclves with peoplo who have dangerous ldeas about puddings, nnd floaters, and chemiloons, and catareh, Remember the herole utteranco of Joux Cocunase, “I'l voto for the Devil, If he's on the regular ticket!" and don’t issue the call for the other Convention, e — Last. winter, along about February, S8coator CoxkL15G sent his tool, PLATT, on npilgrimage to Coluiibus to make o bargain with Harxs, Ho wunted the Intter to plédge himself to ap- volnt PLaTT Postinaster-General, and to give hin' (CoNkwLiNg) fres control of tha 7,465 Fed- eral uppolntments of New York, and in consia- eratlon thereol ho (CoNKLING) would use his influence to have Ilavxs “counted fn" for President! Mr. llAves repelled tho dishionora. ble proposals, and wave Mr. PLATT to under- stand that he was not engaged In the bar- goin ond saly business, PrLaTT returned to lus waster crestfollen and full of malie, Theuceforth CoNKLING mot only had tho sulks but plotted with his po- litical oppuncnts to compass Haves' defeat in Conzress, e had an claborate specch prepared ogalust coufirming the award of the Electoral Comumission, but at tho lsat moment, to the chagrin of his co-conspirators, he had not the courage tu deliver 1t but he has nursed his wralh to keep {t warm, packed Lho State Con- veutlon, and then played the bully and coward, e e —— . Gen. GARPIELD I8 alleged to be the author of the sivgular cluuse of the stiver-dollar plank In the Ohfo Republican platform, which seems to demand that the welght of the dollar shall be Increased to make It equal to the present ab- normatly hich value of the gold dollar, The Geueral is holding a series of juint debates with PsNpLeToN, aud tho latter bas been trylug hard to have him snswer the question whether he wanta to Jucrease the welght of the silver dollar when Cougress comes to remonetize, bus thus fur P2NDLETON hias not succeeded In ex- tracting the deslred Information, The Commer clal, which has reported the debates, says: Mr. Ganvieto feIn the melancholy situation of engagiug in a debate, sought by hunself, where ho canuut Auswer the plalu questlon whether he pro- n the remunetization of silver demsnded by publicau platform of Ublo, ta put more silver in the dollar, We call the attentiun of th oplo of Ohio to the fact that ho will not answer that question in to-day's debato at Springficld, Pxx. DLKTON PuLs bhe question, and GAUFIZLD squirms around t, —e——— ' Mr. Firzeowanp Harl, s geolleman who occuples fu Euglaud about the position that Ricuanp Gnant Witk holds fn this country, Las written a treatise of 200 pages *On English Adjectives Iz:—ablo with 8pecial Referenco to Rellable,”” Weo are glad to sce that b has suc- cecded in restoring thereputation of that honest old Eugllsh word, which bas been cndangered by tho purlsts, such as the New York Zweatlug Zost. Mr. HALL has shown that “reliable" has completed morw than three-fourths of a century of exlatence, Tho earliest kuown cxample of its use s fouud in CoLErivgs, It is not only s good word, but a necessary word; and we are surprised that many sensible people should Lave tamely surrendered It on the order of sclf- coustituted authorities, - —————— Harry Cray,the great leader of the Whig party, wasof theoplnjion that Federal ofilce- holders **ought to Lo restralued from improper Interlerence tu clections,’ and in thls respect ho did vot differ wuch from the views entertained by Prestdent Haves. The following letter, written by bl to 1842, would make a vary good political platform for tho present day: Asutaxp, Lith Septombes, 1842.—M5. Jacos STUATTON—Dear Sir:. | received your favor com- wunlcating the patriotic purposes snd views of the Yyoung iy of b ':alnhgn. fidlkkonlfluu‘. in compliance with your reqnest, In atating the orincipal nhlects which, § mippree, o Sommon deaee ani the ey mon el s party to brinz_ahout in the G 1 the Emlo';l States, ' Thoso are LCRIeNL pr round national eurrency, regolat and suthority of tha nation. ' "EUIated by the wiy n ndequate revenne, with f American [nduatey. e prosection fo st reatralnts on the Execotiva bracing furthier restriction on tho excrelne 3r'1s v o, A falthtal admintateation of the poblic domat with an eqaltable distribution of 41 " o salen of XEAmnnlu all he Stater, * tha proceoas of n honest and economical administ Quueral Government, leaving. publie rl‘l;lgl'c’gr‘:rp:’:. fect fecedom of thnught, and of tho"riyht of her: {{ i " sullabie restraints o inferjlerence in electione. " ° 2704t impropes An amendme o |..:’|:Imm;‘ oF the Prestdoniiat Lien Yopltina ke tal 3 10 U aichea Wi i HUm et e eava t. I am, rospectiully, your friond and ohe: ity 1L Crar, We refer our renders to another column ot thia Issue for the report in exfenso of a recent In- vestigation of the managzement, nssets, and Ha- bilities of the Northwestern Mutual Life-Insur- ance Uompany, of Milwaukee, by the Tisuranca Commissioners of New York, Massachusette, Margland, Illinols, and Wisconsin. Mesers Bxutrritand knones, of New Yorkand Masa, iu- sctta, respectlvely, have been the especial error of unsound Eastern Insurance compantes of late. We should add, by way of explanation, that the investization was made at the ln".'gcs: tlon of the Maryland Commissioner, the other gentlemen assisting therein by invitation. ————— ‘The Court has appointed three attorneys to defend BYDNEY MrEns against the charge of embezzlement of a vast sum of depositars mancy, two of them tho most experienced crin- Inal lawyers In tho city. Why docs he need so many Court-appolnted lawyers? tis case is on exceedingly slmple one. Let him explaln what he has done with the money, If ho hag invested it honestly, no matter how badiy, the Btate's Attorney will quash the Indietment and, stop the prosecution. Mrens knows this, Wiy, then, docs ha refuze to tell what has become of the half-million of depositors’ money which the Bee-Hive books do not acconnt fort —— One lawyer ought to be enough to advisa **8rp* to Inform the Court what ha has dons with that half million dollars, and that defenso 13 the strongest ono he can make,—if the expla- nation s satisfactory to the Court. —— Wil Mr. Bronev, of the Times, be good enough to clte tho editorlals which appeared in his paper abont * the swindling booker, Spex. CER," or his * robbers! roost, before it becaing known that hic had absconded 1 f It Ia painful to obscrve sizns of dlscord In *“Ths Home* We had- fntended that this should bon perfectly {deal institution, nut common domestic circla full of strife ond vy, Otfices hiave done the mischlef. P —— Ono railroad robher said to tha other: “ 1y wa hiavo to dle, let ua do It gamely,” whercupan they turned and wero shot down liko dogs, Iy is not the dogs that are usually aliot in the pur- suit of game. | Bio Roap told the President e wanted 8,000 boxcs of money to get civilized on. The impo. dent fellow! Ile miight as well havo asked an appointment as Post-Trader, aud been dong with it, 4 The Philadelphians ought to keep Jomx 8, Monrox, the great cmbezzler, In the Permanent Exhibition, of which ho was Presldent. No ob- Ject coutd bo of more permanent fnterest. et ‘The masterly retreat of Mznemer ALt leady us to Infer that he is GEoros B. MCCLELLAN in disgulse, and nnturally anxious to cover lise rear and got Lomo in time to run for Governor, il liaclard il s Has {t ever occurred to anybody that a great deal of troublo between tho whites and the In. dlans may be due to tho Ignorance, the cunulng, or the avarlco of tho Interpreters? ————— It tha Z¥mes knew anything agalnst tho solv- ency of the State Savings Bank beiora it falled, why did not it moke it public 7 What s It gabe bling about now | ———— Benator WixNpoy, of Minnesota, has the sat fsfactlon of knowing that he has followed humbly in the footsteps of CONKLING, aud beet kicked for hia pains. e ——— A day of natlonal thanksgiving for the burn. fng of PRana's chromo establishment will ba appolnted at tho carllest convenience of tha people. The rallroad conveyancers liad tholr spolls dooe up in s pair of old trousers; nobody has thought of looking throuzh Mr, Myxrs' ward- robe. f f Come, 8Yp, oxplain what you did with that half millfon of your depositors’ moncy of which the Receiver can find no trace. | ‘The prafse of Sir Hunent {s praiso lndeed, but the prise of the New York Sun will make CoonkvLiNg ashamed of himself, f Wa caught a glimpss of something beneath Mr. ConkriNa's lon's skin Thursday, and most of it was cars. ‘When the right man gets back, the pale alr will be streaked with Myess, | % Another such victory, Mr. Coxlulfiu, and you are lost, PERSONAL. The Atlania Constitution printed a poetical welcome **To Our Presidont.” * Bince the death of Bogy, Kerman and Bpencer are the only Roman Catholics In the Bea- ate, Tha lost volume of poetry for children, by Charles and Mary Lamb, will acon bo published by Seribner & Co. g John Brougham has returned to Now York serioualy i1, and hia starriog tour is for the present postponed, Cherbuliez says the veins of the lovely womenof Poland arefilled partly with holy wates ana partly with punch. It now seems certaln that the marriago of tho Klng of Spain and the Princoss Mercedes whl be celebrated in Jaauary, Barali Bernhardt, the Paris actress, has an evil temper; snd it is said tho place of small boy In her bourehold {a ¥acant most of the tima. Gen. Low Wallace has preferred a claln for §125,000 against tho Mexican Qovernment for servicea rendercd during the relgn of Mastmillian. Gov, Van Zandt, of Rhode Island, who contracted malarial fever during his trip fo tha Weat, waa mach better at last reports from New- port. The estats of Peter Brigham in Doston has been valued at $1,282,000. Ilo wmaae his money chlefly by baking besns, and not eatingany himsolf, It is charged that Little Mno was in the moth-kilhog basiness, **Thls is atroclous,” says the Jersey City Jouraal, *‘Little Alac ueier killed soything, " Moody is roally to work at Hartford, twen- ty of the churches baviog unlted to luvite blm thy and belog busily st woek srranging for the mestings and interesting other churches in the matier, Dr, Bamuel A. Madd, who gained consid- erablo notoriety st the time of President Lincoln's Mseasaivation Ry sctting the broken leg of J. Wilkes B8ooth, and wassent tothe Dry Tortugss and sfterwards pardoned, has been numinated by the Democrats of Charles County, Marylaud, fur the Legtalature, Olivo Logan writes that Mlr, Tilden is two or threo yarde sborter than Bigelow, which makes him, from the back vlow, look like his lttle box, whom ho bas brought 1o Europe to put to schuel atous of the German univorsi| When tucy tura right about face, Bigelow's more youttful lfeatures make hlm look 1! young son who bas dragged bis dlminutive fal over tho brisy, #0 83 ho may bave 0o end of & good timg fn Pasise