Chicago Daily Tribune Newspaper, October 17, 1877, Page 4

4 FHE CHICAGO TRIBUNE: WEDNESDAY, OCTOBER 17, 1877. ; Tlhe Tribwe. TERMS OF SUHSCRIPTION. AY MAIL—IN ADVANCE-—~POSTAGE PREPAID. ly Rditfon, one year. 'rie OF & yedr, pef Non! das Faitton: ~ Litei S0 Ti-Weekly, one a Firue ot ven 238 WEEKLY EDITION, FOSTPAID, &me £ony, per yea 1.0 10b of font... X Epecimen coples sent Tree. Give Post-Oflice addrees In full, including State and County. Tiemittances may ba made efthor by draft, expresy FPust-Otice order, or In registered lettera, at our riske TRRMS TO CITY SUDSCRIDRRS. Disfly, delivered, Funday excepted, 23 cents per week. Ltls, dolivered, Sunday Inclrded, 50 conts per week. Addrees TIR TRIRUNE COMPANY, Lorner Madieon and Dearbor Chteago. fil. Orders for the delivery of Tux TinuNs At Evasston, Englewood, and Hyde Park loftin the countlug-rootn wlll1eceive nrompt attentios MeVieker's Thentre. Asdisonstreet, hetween Stata nnd Desrborn. En- preement of John T. Raymond. **Risks Mes- damnes Don, Boneall, ete.: Measrs. Raymond, Lesrock, eic. Finoley?s Thentre. tandalph 1, between Clark and Tasalle, *Sardananal Mesdames Hanchett, Letourncur, etc.s Messts. Morton, Morria cte. Afternvon aud crenty. Wood’s Musenm, Monroe street. betseery Dearbors »nd State, **Humpe ty Dinnpry.™* bpecialty Afternvon and evening, New Chicago Thcntre, Clark strect, opmoslle Bherman Honw', Kngages meut of e Campbell Comedy Comblaation, ** How Women o Mesdames ftand, Batcheider, ewe. Berers, Nurrty, Lake, ete. Aficruoon aoil uvening. Adelpht Thenvee, ningoment of * Stewtames misdells Plere, ete, W ADL A, M, = | 1y fyvited. R i A AT, OCIOBER 17, 1877, 8T LUNNART. ey ATl were penorally a fwir voltune of busnave, = hrl hisher, at $14.40 0 for dunuary. Lard closed for Octabes and 98, USR8, 0Ty were steadior, atGiie per t for far do shart rihe, Lake autetand ensler, at 4 4@5c for corn 1o wac nnclanged, at €108 per 1e s guict nad fame. Wheat closed at 206 tor Octaber and $1.003 Carn elosed LEte higher, al 42t anil $:24¢ for November, Oata 423¢ cneh and iye for Noo v wes steady it 32¢, Irley closed \ ati83e czsh and S0 for Novems e werg aeali dulbund weak. | Ilogs wero vanl snd firfier, Sheop wero steady, was 1 #fare [n this eity last Snturday even- "2 by wheat, D1 1 bu curn, 417,210 0,547 b rye, 423 bu harley, 13,640 el old e pork. S00 beis new do, 2,654 ted old 0 tes new do, 4,107,046 1bs whort ribs, 402 the shoulders. In store at Mil- 450,073 Lu wheat, 4 “In slelit,” 11,019, Thero was Inapects her, in talr Tae barley. and 10,467,604 bu corn, ed into store in thls clty yesterday M cars wheat, 261 carg and 0,100 bu~ corn. 33 cars outa, Gearntye, and 114 cars burley, Total (784 cutn), 907,6C0 bu. Une hundred dollers i gold would Luy $104.25 in greenbucks at the close, e e, Greenbacks at tho Now York Stock Ex- chauge yesterday clored nt 074, The closing ptoacedings of the Itock River Conferonco at Princeton yeaterdny will bo found of unusual intereat to our Methodist readers, who will nscerteln, awong other things, tho nunes of the pastors assigued to them for the cnsning year. Tho taking of testimony in tho County Ring. cosen closed yereterday., and, allowiug for the time to Le consumed by tho numor- ong lnwyers who have speachies to tire off, it is expeeted that the jury will retire for cou- sultation about next Saturdsy, ————— The Emir of Afglhianistan and the Khan of Kelat, wk may not ever odso thore two individials now, evidently kuow England y ghish, having stationed & force in Ddvocehistan, ortonsibly as au es. cort to the British Resident Ageut, have been notific.l by the Eir aud the' Khau that this protenno is nltogsther too thin, and they st et outty s+ lLeir continued presenco ftin eventn, ] ghsorption.” Tho Emir and Khau luwe ovidently he ard from. Trauavaal, - vits, of Louisinug, Is in the y he wont ou 'Chango, aud «to wany of thy wmoereantilo utes, upon whom he made a faverable uhy bis geninl manners and pleass nt conve 1. 1o warnly supports Pros- +Wdont I{aves' poiiey of pacifieation nud oblits sration of the colur line in Bouthorn politics, Ho thinks tivrs will Lo pesco wud harmony herenfter batwoon the ruees n his State, and N inteuds to contribute ol in lis power to dint ond, From various Russiun sunrces veports are seceived of o hieavy battle in Armonia on Monday last, in which the Russiang attack:d Muinrait's new position in the flanks, front, avud roar, and, after severnl hours of despar. sto fighting, succeeded in winnjug an impor. ant victory., Murnran is sald to have re. . trented in hot Lasto toward Kara and Erze- roum, ad the Russians were preparing to sromptly follow up their sdvautage by a vig- arous pursuit and an immediate attack upon tho fortress of Kars, T It is understood that no attempt will be ando by the Iepublicans of the ‘Sonate to socuro tolid party action iu- the cases of the Louisiuna and Houth Carolina contestants for scats in that body, for tha reason that soverul Ropublican ‘Benators aro kuown to bo opposed to any caucus action in the mat- ter, and would refuso to be bound by such aotion if it were undertaken, From this it I inferrod that the Democratis claimants will receive Ropublican votes enough to give them tho seats they aro contending for. o ST —— Tortified by the opinion of thelr counsel, *he recalcitraut wembers of the West Park Board wo prepariug to contest Gov. Cui- Lox's power to remove thew, and to spend suy smount of the people’s monoy o remain in oflces which the people want them to vacato. Thoy aro perfoctly willing to enter upon an expensive litigution, provided tho taxpayers foat tho bLills, and Mr., DBoxwxy was careful to advise them of their unre. stricted powers in the matter of appropria- tions from the Park funds to pay lawycry’ feos aud court costs. The Sioux Chiefs and their people, who so stubbornly doclared that they would see the Great Futher scalped beforo they would ¥ewovo to tho Missouri River country, hgve, it appears, silently folded their dusters snd Luen carted to the promised land. Al is . eaco aud loveliness with theso noble red men, save when, in a spirit of emnlation, one of tho less favored Chiefs, without the formality customary in civilized life, bor- rows a soven-dollar ulster, the gift of the nation, and retams it to the Governmont minus the collar and sleaves, Tho casual vieitor on such an oceasion might possibly aitribute the sounds nbroad in the air to the moaning of tho forest trees or the clash which comes when wolves do meet in flerco encounter. Thero is at least a wide flold for conjecture, ————— Wa print this morning the eall issned by the Cook County Republican Central Com- mittee for the Cook County Republican Con- vention, which is to be held next Tuesday, Oct. 23, at Farwell Iiall, and also designating the “places in the varions wards nnd towns for tho holding of primary mecting, on Mon- day, Oct, 22, for the olection of dolegntes to the Convention. Theso primary meotings will determinoe tha charactor of the Conven- tion and of the important nominations to be mnde, and only by the attendance of overy citizen and taxpayer interssted in nn honest County Goverument can the Iepnblicans hope to prosout a ticket that shall be cortain of claction, Never beforo was thoro so pressing n neccssity for turning out at tho primaries, Tho recoption tendered last evening by the citizens of Galena fo the Hon. Erau B. Wasnnuaxr on the oceasion of his retnrn to tholr midst s n private citizan aftor a pro- trocted public earcer of distinguished useful- ness and Lionor, was n domonstration remark- able nlike for its henrtiness and for its non. prrtisan character, It was n Galona affair, in which politieshad no part. Old frionds aud neighbors, Detocrats a3 well ns Repub- livans, improved the opportunity to testify their affoction and osteun for a man who hins bonored his city, his Btate, and bLis untion. The speeches of (he wvcension, whicls we print this morning, will be road with geuernl iuterest, moro especinlly the reminisconces R0 modestly related in Mr. Wisnpunss's reply (o tho address of wel. come, ¥ ‘I'ho Montonegrins combine war and hus. Landry in au admirable mannor. After hav- ing whipped the 'Turks of Inte from pillar to post, eaplured Niceics and soveral othor im: purtant positions, aud nol only cleared their own provineca of Ottomans, but considerable of the onllying torritory, the army lins gone liome tosow the crops. After accomplishing this, fhey will probably Iny down tho shovel and the hoe, take up their rifles and spears, nnd go hunting Turks again until harvest, when, having threshed their enemics, they will turn their attoution to threshing whent. Tho diminutive character of little Montene- gro s sufliclontly shown by this susponding of n cnmpaign and sending the army homo to sttond to the farming. That this herola little Land lias not been guaranteed complote in. dependonco nud immunity from Turkish in. vesfon by the Groat Powers is not to the ercdit of tholr gencrosity or humanity, rm——r— The triumpk of the Republicans in Paria 1s avon mora completo than the reporls of yesterduy indicated, The majority thus for shown by the roturus is 113. Fourtuen sec- ond ballota v:ill Lo necessary to fill vacancies and to decide contosts. Vaconcics arise from tho French practico of mominating po, ular candidates in more than one dis- trict Inorder to fusure an clection, Sup- posing the fourteen seats not yet filled to bo dividod equally Letween tho two purties, tho Republicans will have n majority of 120, This onght to be cufficient to convinco Presi- dent MaoMauoy that his policy bas not the contldence of tho conntry. It is puerile of Lin and his supporlers to maintain that the reduction of the majorify is a verdict in his fovor, 1t may kafely vo sald that thoe popu- 1er majority of the Ropublicans will ba 500,- Cil) 5 nnd the' idea of free government does not,contemplato resistanco -to such an ox- vroasion of tho popular will. —— It waa yentordny decldod by the Connty Board to submit to a voto of the peogle nt the cusuing clection the question of jusning bonds to tho amonut of $500,000 with which to carry forward the constiuction of tho Conrt-Ilouse. By the roport of yestordny's procecdings it is noon that the Bonrd, by o voto 6.0 to 6,—which very correetly repro- scuts . the Rivg strangth,—postponed indef- Iuitely the proposition for a goneral reduc- tion of tho salarles of county em. ployes, whoroby o saving of $70,000 n year would Dbe realized, and mnobody bo uuderpaid at that. As, for instanco, tho presont County-Attornoy, whorocoives$7,000 n yoar, would bo extromely well paid ol 73,000, nnd go ou down through o long list of Riug favorites. Thera is no hope of hou- esty or rotrenchment from the Board as now conatftuted, and, unloss the tazpayers aro fully resolvod to bresk up the Iting by the oloction of five Commissioners of undoubted intogrity, thuy will do well to mnegative the question of farnishing $500,000 moro for tho riugsters to divide nmong thom, —— At the soxsion of the Michigan State Bap- tist Convention on tho 14th inat. the Com. mittee on the Btate of the Church submitted a report, which coutaing the followiug siguid- enut statemont ¢ Ae compared with the state of former years, they Lelluve the presont religlows condition of the Bape Unt chntpches of Michizun calls for tho decpest ratitude, and warranls the moat Jubliant anticl tHons; but, av comparud with the ideal chiusch per fection sketched in the Word, and 1o ba progress- dvely reslized i tho churches oven retain thelr relative posltion and pover, it Is less enconraglug, + Amongthe practical results which fullaw theae patent defects are nearly one-third ss wmany loswes Lo our churches by excluvion as there ars galus by baptiem, In soarchivg for the cawscs to account for this fulling off, the Commiitce find that skepticisin closely follows evangulismy that multituded fulsoly suppose mewborship in the Kingdown of Heaven is Lettor thau mom. Lorship in a local church; aud that others stampede from church to churek. Tt does not seomn to Lave occurred to the Committee that tho Church fteclf miay bo respousible for not keoping up with the people, aud that, whilo tho human mind s progressivoe, the Church is conservative. e ———————— The action of the House yestordny upon the clection cases of Bouth Uaroling and Louisiann was very significant, as sbhowing the good eflect of the Southern policy aud of the Presldout's rocedt tour umong the Bouthera people. Prowiuent Bouthern Dem- ocrats spoke ond voted againat the Northern Bourbous who, under tho leadership of Cox, had undertaken to carry ihrough a scheme of rank injustico in the exclusion of the two colored wewbers from South Caro- lins, Ratvuy and Caixz, and Dansewr, the Ropublican member from tho ‘Third Louisiaua District. Not even u leiter of Gov. Haxrrow, who soems to have gone out of his way to prejudice the House against Raser's claimg, could solidify the majority, the yoto upon the question of his aduission staggliog 176 for aud 68 vguinst, Tho other colored member from Bouth Carolina and the Republiean from Lonisiana wers admitted by equally decisivo votes. Their cases will now go beforo tho Committee on Elections to be decided in the nsual way, and thero ia good reason to expect thal the excellent prec. edent] of yestorday will be repeated when the question of title to the contested scats comes up for final decision. The plathora of loanablo eapital in Europo fa illustrated by the inorense of de- posits in the chief Paris banks. The figures aro poculiarly intoresting, becanso in France Iess than anywhere clse in Enrope do peo- plo deposit in banks, Last yeor tho Paris deposits woro thought to be something ox. traordinary, but they are surpassed by tho deposits now held there by many millions, Tho larger part of this money is idle, dmwe.. ing no interest, and awniting investmont: Deposits tn chief Parls banks Sept. 1, '76, and Sept. 1, 772 1878, 0, 800, 000 2 001, RO 7. 460, (00 10, 110, F00 Com'tolrd'Excompte 1“4,170.1‘(")‘_1‘) 20, 460, 400 7 Soclctodes 1 3 11.819,000 Credit Foncle: 11, 15,071,200 Credit Lyonni 13, 18,451,400 v coees 0 $107,405,000 820 FLL LI Total.. Increase of deposits in o The ‘only cause in operation capablo of producing a perturbation in the monoy mar. lets of Continental Enrope is the scramble for gold in Germany and France, Tho Bank of England has recontly lost protty hoavily of ita specio reserves, and tho disposition of the Hank is to advauco tho rates of interest for the purposo of preventing tho outflow of gold. Tho cirenlation of the Bank of En- gland Sept. 26, 1877, was £27,393,950, or 156,960,730 ; the coin and bullion on hand, £121,445,035, and tho doposits, 2135,000,000. Since the middle of July tho stock of coin had been reduced abont 917,000,000, THE CORGRESSIONAL TOURNAMENT. Thera naro varions indications that the present oxtra sossion of Congross will be morged into the regular sossion, and that the iwo will constitute, in tho langnage of the cirous-poatars, o vast caravanaary and colos- eal aggrogntion of nll the oquostrian and ac- robatio tolent of American politics, The programine laid out by rival ringmasters in both Honses contemplates a grand display of oratorical gyrations, appalling flights of olo- quonce, startling exhibitions of Grmeo-Iio- mnn wrestling, sparring matches botwaon Profossors of the Manly Art of Invective and Vituperation of light and heavy weight, the favorite political art of riding two horses which aro going in opposita directions, gor- geous transformation econcs, panoramas which shall roprodnco all the partisan pas- siona of the past yoar, tho most exacting tosts of physical ondurance, a collection of Indis- rubber men which shall surpsss in num- bers and tho varioty of thewr contortions anything horetofore exhibited on this conti- nont, nnd o succession of pyrotechnics which shall make up in costliness (the oxpense to bo snstainod by the public) what thoy may Inck in brillianey. In one word, thoro is to be a grand national circus and tournament at arms, Tho oponing was greoted with well:filled galleries, and tho enthusiasts be- gan by thirowing bouquots to their favorites ; tho public may be finpelled to throw cab bages and oven mora unsavory tokons befora the conelusion of the performanco, Unfor. tunately it Is the old political hacks that are to bo trotted out thus gily caparisoned, and the peoplo will ba very much disgusted with the oxhibition as soon sa thoy shall dis- cover tho doception. This political tournament will bo given for the oxclusivo boneflt of party politics, nud tho londers on both sides oxpect to galn some decided ndvantage, The old-atyle politician, whother ho be Republican or Dom. ocrat, has no sympathy with a candiq, strafght-forward policy, and is opposed, by instluct and education and intorest, to n deparluro from the acceptod party mothoda, It is well eunongh, he thinks, to prate of pacification nnd Clvil-Service roform in party platforms, if the public scems to demand thot sort of thing; Lut, after they aro only sentiments, and your practical politician cannot afford to doal in sentiment. Ilere, then, will bo found the opportunily for all tho juggling the political mountobauks have in viow. The great sham fight will bo over the Administration policy. The Bourbons will opposo it because it cmanates from' the Republicon party, The Tiuplacables will op- poso it in order to save their standard called the *Dbloody-ubirt,"—tho only flog under which thoy kuow how to fight the oneny, Both will join in the attack 1o save the cita~ del known aa tho spoil-system, vindicate tho inalienable right of tho American office- holder to pack conventions, and presorva tho ancient and glorious Congressional privilego of dictating Govorntnont appointments, To thisend thore will be flourishes, fanfaron- ndes, chargus, counter-charges, ground.and- lofty tumbling, rope.walking from dizzy Leights, combinations 1n tho stylo of an fu- verted pyramid, and all illuminated by o luvish display of pyrotechnics. Incldental toand part of this programme will Lo the fighting of old battles ovor again, The ques- tion us to tho ndmission of a Bonator from Louisiana or South Carolina will open uptho wholo coutrovorsy s to Mr. Haxes' title to tho Prosidency, ‘The nomination of a Col- loctor may lead to an eudless discusaion of the Olvil-Servica order, 'Ihe canvessing of appropriations in the House will broadon out 80 a4 to includo the partisan thomes that are in no souss collateral to it, The professional ypolitician, whethier Democrat or Ropublican, is coustitutionally opposed to apy system of reform which threatens Congressional patron- 8go, or the manipulation of caucus and con- ventlon iu defiauce of tho popular will, The New York and the New Eugland dele- gations propoao to do all thoy can to develop this oxhibilion of demsgogism. They want the Resumption act to utand as it is, and thoy do not want the silver dollar romonstized. Their aim will Le to prevent. all action on theso two imiportant matters, and in no way can this purpose bu so thoroughly assured as by eucoursging the political tricksters to absorb public attention aud the time of Con. gress 1 crimination nnd recrimination over the jssue of tho Preaidential clection and the general policy of the Administration. Another cluss of mclfish intriguers will applaud the disputants, and contributo to the fury of tho riotin tho intercst of tho lobby, While tho couulry looks on with varied omotions . of impatience and disgust st the oxhibition of partisan rage and malico, the lobbies will bo quietly and secretly at work making thoir combinations, securing their volos, and com. pleting thelrarrangements to plunder the Pub- lio Treasury, Thisis the couspiracy which the sound of truwpets and clang of arms are expectod to coucesl from the general viow. The tournament will bo for public exhibition, and during this diversion the Shylocks of Now York and Now England will quietly chuckls over the disappointment of thy great masg of pooplo bocause nothing is socomlishod in the way of breaking dowa tho cast-iron resumption schemo, and be- eausa not even the zemonstization of silveris permitted 04 an approach to resumption. While the demagoguea proceed to hurl epl- thots at each othor ncross the Houso, the lobbyists will have abundant time and oppor- tnnity to porfoct their plans for robbing the public. As we have said, there ate manifold indicntions that such is tho programme for tho entiro scason. If so, it will become ovi- dont ina vory fow days, and the men who nre responsible for it, ns well aa tholr motives, will be fully exposed befors the end of win- ter. As far as Tnz Trisuse is concorned, it proposes to keep a strict watch upon them all with the purpose of holding them up to the public scorn, whether they be found on the Ropublican or the Democratio sido of the Houso or the Sonate, It may be that tho demngogues, the Shylocks, and the subsidy- boggars togother have powor enough to de- ceive tho public for a time, and plunder the Public Treasury tho while, but they cannot do it with impunity. The men who lend themsolves to this conspiracy, whother in tho interost of some job or for the purpose of defonting the popular demand for silvar resumption, will find guceessors to thelr Pplacea awaiting them when they sball return home next fall. A correspondent at Boscobel, Wis., atks us for information concerning the meaning of the often quoted rato of discount of tho Bank of England. The matter is a very plain one. Tho Bank of England is allowed to issne notes upon Government bond seeuri- tics held by it up to a cortain nmount, eny $70,000,000. The Bank is also allowed to irsuo notes, pound for pound, to the amount of all the gold it las in its possossion. It holds the grantor part of the availablo gold in Gront Britain. When a domand is mndo for gold for oxportation, tho Bank of England notes are returncd to the Bank and the gold is withdrawn, This reduces the amount of the circnlation of tho Bank, The Bank not only discounta commercial paper itself, but it docs n large business in rodiscounting the commercial paper disconnted by all the other British banks. To draw largely on its gold ia to reduco the amount of its own bank.notes, ond Lonco the Bank protects itself in snoh an emergency by raising the rate of discount on commercinl paper. Thus, if the rato of intercst on commercinl paper 18 3 per cont, and all its bank.notes are in circulation, o domand for' $20,000,000 in gold compels it to retiro that sum of its own notes. The Dank at onco raises tho rate of discount to 4, or 5, or 6 por cent, or whatever rate will sttract gold to London to bo loaned outj this gold rapidly finds its way fnto the Bank of England. When tho Bank raises its rate of intcrest or discount, all tho other banks sdvance theira, - It continnes tho high rate until such time as the mnrket is readjusted by the recoipt of gold to take tho placo of that sent out. Tho moment the rate of in- torest on bank loans—discounts of commer- cial and business paper—is raised in London nbove the rates of intorest in Paris, Berlin, Frankfort, Amstordam, or the othor Euro- pean markets, gold is withdrawn from those pointa whero interest is low, aud sont to Lon- don where it can command the higher rate, Asthe Bank of England holds the reserves of nearly all the British banks, privato, joint stock, and provinclal, its condition is of deep concorn {o the wholo. British commercinl’ community, and a reduction of its reserves by tho withdrawal of large sums of gold hins an instant effect upon the public mind. To advauce the rato of discount—that is, the rato of intorest on borrowed money in FEugland—higher than is asked for in France, Germany, or Holland, at onco at. tracts the gold to London, where it finds ita way to the Bank of England. 12 any Greenbacker in Wisconsin assumea that the Bank of England discounts its own bank-notes, and that that is what is meant Ly ralsing tho Bank rato’ of discount, he is sadly mistaken. ‘Tho notes of that Dank aro redeemnnble on domanad in gold, and the in. stitution 1must hnave the gold in the Bank be. foro it can fusue tho notes, oxcept to the lim- ited cxtont which it is outhorized to fzsuo notes sccured by a doposit of nattonal bonds. Fornearly half a century the Bank of England haos nover refused or failed to ro- deom its notes in gold on demand. HOW THE MONEY GOES IN LONDON, The annual roport for 1876 of tho Trens- urer of London has boen fssuocd, and makes s formidable showing' of figures, ns com- pared with the financial roporta of American citles, By way of local comparison, some of theso figures will bo of interost. Mnyor Hpary draws o salary of ©3,700, and is al. lowed the privilego of spending it all or spending none of it, as ho plerses,—wharein bo has the advantago of tho Lord Mayor of Loundon. The latter, in addition to tho extra profix to his title, has a comfortable salary of $50,000, Lut ho is not expeoted tosavo n cont of it, or to growl i his cxpenses exceed Lis income, Hix most ouerous official daty consists in dinner.giving and entertaining, and theso little items aloric will give our readers somo iden, of the enormons amount it must require to keop up his state: His violot train gown costs 85, his state train robe $505, and his velvet rocoption.robe 8 1t our Mayors wero obliged to lay ont nearly $1,000 in good clotlics s soon as they entered upon the duties of their offices, and then to make n spread every day in the yenr of turtle, grouso, and other luxuries, thors would probably bo fewer candidates than there are now. Tho other city officera of London also recelve large salaries, & com- pared with ours, sud we presume it would ba treason to the Orown if any one of them saved a farthing or refusod to invest their earniugy in victnals and drink, The Comp- trollor roceives $10,000; our Comptroller, 5,000, Thus, Mr, Fanwewy may consider bimself favored ; for,while the Comptroller of Loudongetsouly twicoas muchasbe, the May- orof London gets oversizteen timesas much &8 Moyor Hizate, The Treasurer of London gets 7,600; our Treasurer, $2,500; the City Attornoy of TLondon #$10,000, ours $5,000; the City Olerk of Londou $10,000, ours $3,250; the Buperintendent of Polico of London $3,600, while Buperintendent Hicxxy coincs olosely uptohim with §3,145; the Qity Physiclan of London 22,625, ours §1,500; and so on, Dinner-giving in London {s & serious mat- ter. When the Priuce of Waled visited Cllcago years 8go and was ontertained in royal state at the Richmond Mouse with prairie-chickens aud vonison, and the gucsta hiad the most roystering time primitive Chica. 80 Liad ever known, it cost only a fow hundred dollars, and yet every citizan of Chicago at that time, from Loxa Jouxn down, flattered bimself that ALpenT Epwaun had never seen and would nover sco such a spread sgain. When the Prince of Waled recently re- turnod from his Indian trip, the City of Lon- don gave him @ little dinuer which cost only $187,880. Tho pounds, shillings, aud ponco wero flung about somswhot ad follows: Upholsterers, earpenters, paint- ors, decorators, gas-fitters, plurbors, bricklayors, plasterers, glaziors, and scrub- bers lad to moke the aparimonts at Gnildhall ready for their recoption, and their bills amounted to $52,210,—a snm suf- ficient to put up a handsomoe business block in Chicago, Flowors to the valuo of £4,0h0 blossomed in the windows and on the stair- canes, and tho gna that shone upon them ©ost 835, Tho eatables footed np $25,400, and wine washed thom down to the tuno of 28,055, to recovor from tho effects of which cost 32556 in mineral-water. The danco programmos cost $2,705, the banquet and ball tickets $1,720, and the genoral printing $1,160. ‘The vocallsta who warbled thoir dulcet- straing wore paid 81,115, and tho bands that blew their noisy welcomes were enticfled when thoy recelved a check for $1,670. 'The caskot that was prononted the Princo cost $2,700, and it took $70 to illuminate the long-winded nddress that was road to him, The reckless providors spent $726 for glaves, perfumory, and hair. brushes,—probably mors than the whole din- nor to the Prince in' old.time Chicago cost. Tho messengers who called the carringes went home with 800, the hostlers with $35, the gravel-sprendors with $165, the special police with 81,400, tho committeo men with 81,500, tho firomen $2756 ; and, last but not lenat, $2,600 wore paid in gratnitica to wait- ers and others in the sorvice that night, DBy the sido of that dinner our civia banquots to distinguished guests seem small. affairs, but the Corporation of London is not extrava. gant, from one point of view. The most of our large oities aro head and cars in debt, New York, the principal dinner-giver, being hopelessly swamped. The corportion which gave this $160,000 dinner bhad an income last year of §3,216,260, Ita total debt amounts to but $22,656,000, while New York City can show a not debl of over $125,. 000,0001 THE BILVER QUESTION IN CONGRESS, COongresa has now convened. It iu tho Congross elected at the Presidentinl olection, and the members have had a year's leisurely intercoursa with their constituents, and moet under circumstances justifying the expectn- tion that thoy understand oud are grepared to carry ont tho wishes of the people. ‘The called sossion ordinarily wonld have nothing to do but to dispose of tho special subject —tho doficiency in last winter's nppropria- tions—and adjourn, but. there is no law or practice coupling the action of Congress to that subject, nor anything prohibiting such other immediato logislation as may be ro- quired by tho prosent condition of the country. Binoe tho Proeidontial election the ques. tion most thoronghly discussed has boen that of the recoinaga of silver; since thon the great body of the peoplo have become aware of tho wrong perpotrated in 1878, when the colnage of tho silver dollar was prohibited, and the whole subject bas been considered, free of party fooling. Wo suppose that no intolligent person will dispute that tho pop- ular judgment on the quostion is strongly in | favor, not only of the recoinage of the dollar, bnt of its romonetization, Congress certain- ly can hiavo no doubt 2a to what tha country demands in this particular, Tharo are, howover, two factions opposing tho restoration of the silver dollar, One of these urges that policy which will so contract tho currcnoy that the sole logal tender in circulation will be gold comn. . The other fa- vors the practical discontiuuanco of motallie currency, and an unlimited fssue of papor legal tendors, Theso two factions aro largely roprosonted in Congross, and tho two com- bining constituto a strong opposition to the restoralion of tho silver dollar. The ono favors tha resumption of spocie paymonta at tho carlicst moment by the most rigorous contraction of tho curronoy; the other favors the indefinite postponemont of specio pny- ments, by the enlarged issuc of paper, and tho oconsequent depreciation of the paper. It may not bo untimely to contrast the prob- ablo effects of the opposing measuros of pn- per oxpansion and of tho recoinage of the silver dollar, Thus, what would bo tho probable effect of alaw providing for the moderato oxpan- sion of greenbacks at tho rato of $50,000,- 300 n yoar? Greenbacks aro now worth 97 conts on tho dollar in gold. Tho first effact ot tho passage of such n law—thoe nationnl sdoption of the policy of an irredeemablo paper ocurrency—would bo to deprociate the presont outstanding greenbacks, and be- foro the first additional $50,000,- 000 woro issued groonbacks would bo sclling for 00 conts on the dollar, with a downward tondency. As tho additional millions were issued, incroasing the amount to bo redoemed, and postponing tho possi- bility of redomption, the decline in valuo would proceed from 90 to 85, 80 to 75, 70, and at tho ond of tho five years thoy would not be worth over 60 conts on the dollar, if that. The loss would be a heavy one. The twolvo buudrod or fifteen Lundred millfons of dollars now on doposit in tho savings banke and institutions, now worth to the owners 07 cents on the dollar in gold, would ba reduced in value immodiately by the moro passage of such an act, nnd the loss would be continnous dsy after day ss the groen. Dacks would fall, The like loss would fall upon every man in tho conntry who had money on deposit in any bank ; tho value of daily wages would bo loss at theendof a woek than it was at the boginning, Whilo a man would be earning his monthly wages, the *“dollara” to his orodit would be falling in value. = This process would revive all tho labor troubles, Wagos might not be ro- ducod by the employers, but ‘tho value of the wages would shrink day after day, until tho dollars in which workmen would be paid would fall in value from 97 cents down till they reached 60 or 50 cents. Thon there would bo strikes for an inorease, aud resist. ance, and all the troubles of the past would be ronewed. At the end of five or ten years tho sountry would have reached that point whore it was ‘ten or twelve yeams ogo, and from which it bhas been struggliug to recover. The neces. sity for bettering the cuirency would bo as great aa it has been since 18035, and then the weork which has gradually built the green. back up from 45 to 97 cents wonld have to bo begun and done all over again. Now, suppose Congroas, instead of provid- ing for the issuo of £50,000,000 additional groonbacks annually, should provide that the mints be suthorized to coin silver dollars, of the old standand weight, to the sum of $50,~ 000,000 annually for five or ten years, what would be the offect of that legialation ? The capacity of the minta is said to be $50,000,« 000 silver coin a year. That sum exoecds, perbape, the annual product of the silver mines of tho country. The product of Amer- jcan silver, which now gocs to swell the world'’s supply and has contnbuted to croste a surplus of the metal, would be absorbed at home. Tho first elfect of the ensctment of such a law would bo to ralse the valus of silvor to ita ordinary proportion of gold. 8ilver coin would then bo equivalent with gold coin. If for n time tho silver of other countries should be sent hera to b coined into dollars, it wouldl remain here and bo loft in exchange for something purchnsed. No ovil conld rosult from that sourco, Until the silvor dollar shonld be- gome worth more than the gold dollnr, there wonld bon constant accession to our stock of ‘coinat the ralo of 30,000,000 n year, and thus in n brief timo the enrrency of the conntry—gold, silver, and paper—would have oquivalont values; thero would be noin- flation of a character tending to deprecinto, and tho greenbacks could be eventnally audgradunlly rotired. Tho whole financial difficulty would adjust itself without the lonst disturbance, The objoction that silver i3 Lulky, nnd it wonld be inconvenient to handle, is n.weak one. Thero ara but fow transactions whero any Inrgo stms of wilver could not be transferred by check and bills ot oxchange. BShould, however, tho silver accumnlate, tho same course conld bo adopted that is now followed with respact to gold. The silver could be deposited in tho Trensury as gold mnow s, and the cortifi- entes of the Tronsury conld be used for all bnsiness purposes, ‘There are, on an nvernge, certificates of golil denosits to the amount of $45,000,000 nlways ontstanding, and pass from hand to hand whonevernocessary. Cnn thore bo nny question na to which of thess measnres shouid beadopted, and which shonld comamend itself to the judgmontof an intelli. gontleglalative body? 'Thefriendsin Congress of thoreatorntion of silver and its free coin. ago should not hesitate to tako steps at once, aud daring this special session, to legislate on this subject. Silver should be made as gold is,—freo to bo coined ot tho mint for tho person owning tho metal; the coinage of the old dollar should bo legally re.cotnblished, nud the dollar shonld be made a legal-tendor for any amount, Tho whole country undor- stands this question, and is prepared to ne- copt immediatq action by Congress restoring tho old silver dollar. $he so-calle: s carried ono county in Ohlo at the late election, and that was Lucas, which contains Toledo, We give the result as compared with that of a year proviously: ocr. 0, 1877, 5 West, Republican, for Governoy Tenor, Demoerat, for Governor... Jouxgox, Workingman, ‘for Governe TOLATYOLO. ceseee sassassaranans Bianor over Wesr.. Xov. Ilaves, Repoblican, fos Twnex, Democrat, for Presiden Perea Courrw, dreenbacker, for President. Total vota 012,100 Hares' majority reerees 1t will bo seen ocratie vote only falls off 2,000, while the Republican vote falls off 8,857, or nearly double. Deducting and cstimating for stay-at-homes, more than three- fourths of tho votea for tho so-called Warking- man's tickot wero abstracted from the Repub- lican rauks, and so 1t was ull over the State wharever the * Industrials " put & ticket In tho field. But, with the exception of Toledo, they clected none of thelr own caundidates, but sue- ceeded in turning over the 8tate tothe Bourbons. The Republican Induntrials were completely cuchred by thelr treacherous Democrutic allies, who left them in the lurch, and who Iutend to play the samo trick on the Workiogmen In this city at the ensulng clection. e — Tho Timen wrote words that express with pro- cision exactly the meantng it intended to convey, excepting that the particle **nn " should not huve been predxed to tho word *pleasnutnesa,''—CAl- €ago Times **on duy before yesterduy." In other words, the Times oxpressed “with precision exuctly ” the monning it wtended to convey, except that {t expressed **with pre- cislon exactly" the opposito moaning. Weo are not certain about the new and forcible phrase, “swith procision exactly,"” which Mr. Stoneyling hero added to bis vocabulary. Is there any precision that {s not exact, or any exactness that fs not precise? It might bo morg elegant to writo ** with exactucss precisely,” or with precise exactness,’” or * with cxact procisoness,” or “with previse unoxactness, except that the particle 4 un? should be omitted from the word ¢ unexactoess’." e —e— Mr, Menmies ia a Clvil-Service reformer, Ho once took $2,000 worth, leaving e & conalderstion his vouchers for thut nmount in the United States Treasury. ~ Wilbur K. Storey. This 1le grows by rolling, like a boy's snow- ball. Tirst, CUARLEY Hax started the report with 850 a day; wnext, Ep Meruirr gaveita roll, making it $500 for ten days; then tho Utiea (N, Y.) Observer added something to 1t} and the Cincinnat! Enquirer madn lts Hitle con- tributlon to the plic, and now Wirnun “sces® all the otlier llars and goes them cousiderably bettor. Who next? ——— *‘Tho Interest on tho public debt Is payable in coln, " nays Tur Tuinune, **thorefore. the Gove ernmient has need annually of, say, $100.000,000 n fiul«} for that purpuse.” ™ Wherefore gold ulove? —Dast, Bimply bLecauss thero is no law authorizing the colnago of legal-tender silver dollars, conses quently the fnterost miust Lo paid n gzohl until sllver 3 retouctized. But the P’ost says that greenbacks should bemeade recelvable for dutics, Wil the Lest cxplain In that easv how the Gov- ernment |8 to ubtaln cvin wherewlth to pay lu- terest on the bonds calling for coln interestt ————— Cincinnat! {s disturbed becauso of a lack of 1and marks to sepgrate the property of its denl. zens, The Enquirer mthnates that it §s no un- common thing for one man to bulld a house, and then iud another man's lot comiug through the window becauss of Incorrcet survess, Wherefore the Enguirerclamd?s formonuments, and utterly ®luses to-put TILDEN'S $30,000 into corncr lota uutll it is assured of atatlonary boundary Hnes. e Col, W, W, GaTzs, the veteran editor of the West Tennesses Whig, published at Juckson, Tenn., on the line of the Illinuls Central & New Orleans Hoad, is stoppiug at the (rand Paclfic lotel. Our werchants who desire to oxtend thelr trade In West Tonncssco would do well Lo call un the Colonel at his rooms, or sceud him their cards that L inay call on them. Heney Cray DEax dawns upon the politieal horizon, of Missouri thistime, as usplrunt to National SSuatorial bouors. Ho s satisfled that e can wave a shirt beforo which tho traditional gory garment will fade ke s rose fa p white- wash buclvt. ; e o = What has become of that duel between Gen, Tou Dakin aud Epwanp 8, Giesons, of New York? We havo a right to expecg thut they wiil bore the public with thelr reasons for pot bor- {ng cach other, Pro 8,604 8163 481 i < I# Bristow la appointed to the English mis- slou, ho might sppropriately adopt, as bis coat- of-arms, & whisky-barrel with tho stamp torn oft aund wu indictment sticking through the bung-hole. f —————— The winnlog of the buat-race off 8t. Louls Buuday by the boat *‘Bob Ingersoll® i3 o3- teemed by tho Atheist & cowplete indurso- macnt of his theological policy. e — Benator Davip Davis i sald to prefer Judge DuuMuOXD to suy othier of the Uunited States Judiclary as his savcessor on the-Bupreme Bench, — Mr. Forwsx's reason fur abandoning political Journalisw fs peculiar, o suys “the day of smart, politicul rascals is about over.” e et— - Just before zolng on the war-path sgain, Chict Josaru will demand & bull-puuch to kegp & cor- Tect recurd of scalps. CHURCIL" COUNCILS. The Rock River Conference Cone ¢ludes Its Labors, Appointments for the Year—A Deliver. enco on the Sabject of Tem. 2 perance, Reports on Sanday-Schools, Foreign Wission Work, Ete.--Edueational Matters. Tho Tlinols Prosbytorian Symod in Sesslon at Rocholle, Proocedings of Interest iu the Episcopalian . General Jonvention, THE METILODISTS, ADIOURNMENT OF -mglnocn RIVIR CONTER. BNCR. Spectal Dispateh to The CMcago Tribune, PrixceroN, Oct, 16.—The thirty-cighth an. nual session of the Rlock River Conference of the Mcthodist Eplscopat Church closed this morning at 10:50 o’clock. The item of areatest Interest to all members of the Conference, that Is tha nppointments for the coming year, was, as ia the usual practico, reserved until the lnsg moment, thus retalning the members until the close of tho Conference, This being the first timoe that Princeton has ever lind the pleasure of cntertalning this ropresentative body, every effort possibie was made to render tho occasion o plensant one. The homes of the people and tho pulpits of all the Protestant churches wero thrown open, and there is no doubt that Loths preachers and resi- dents are cqually well satistled. Yesterday afternoon s business scsslon was beld for the purpose of recciving reports and cloaing up the work of tho year. Bishop Ames presided, Bishop Merrill belug engaged in con sultation with the Presiding Elders as go thy appolutments. The Confercnce met at 2 p. m, The Comunittec appolnted to audit the ao counts of the Presiding Elders reported that they bad found everything correct. The Com. mittec on the Affairs of Sublotte Church re- ported the debt all paid. ‘Tha Rev. W. D. Atchison read the report of the Comnittee on the AMERIOAN BIBLE S0CIETT a8 follows: Hetolved, That we regard tho Biblo canse as reps rerented by the American Blble Sacloty as ono of vust impartance, and vitally connocted with ali iz church and wission worx. Jtesolred, Thatwe rejolce In the great good al- ready accomplished by this Soclety In our apn and other lands Ly the dirscniination of more than tlurty-four million coples of the Bible and por- tions of 1t In many of tho leading languages of the waorld, (3 Jenolred, That tho time has ccmo when thls work ought to be prosecuted with greater zeal and enthusinsm, HKezolred, That we approve the present polley of the Hocicty In reducing an far ss possible the nam- ber of Its paid agents, and in calling out more of the tiome and volunteer workers, Resoved, That we will heartily second these efforts at reteenchment and ecnnom{ by uldlng in the work In onr uui:ecuvo Oelda of labor by taking up :nllficuonl for the paront oclety Inour chiurches unnually. 7 The report was adopted unanimously. ‘I'he report of the Committee on BUNDAY-8CHOOLS AND ‘THN THACT CAUSN was presented as follows: Since it In dosirable to sccure o larger attendanca of our Handay.school children on our public rervices, let aetors call attention to the fact that the Sunday-school 18 not o substitute for tha churcli, but an'important part of it, Lot the Sun- day-8chool Superintenients and teachora urgo tho atfendance of the scholars upon the moming serv. fces, Let us fill oor eermons with facts, {llusira. tious, enthusinstn, and genuine religions fervor, and thua attract the children to our services, 2, \*e recoznize the importance of tho Sanday- #chool normal work, snd recominend the organtza. tion of normal clasacs in 811 gur charges, 4. Wo will cnll the eapecial attention of the Bun. chools In our Confercuce to the new semi- monthly paper for older scholars ;mn Sunday- School Clasamate), and urge ita clrculstion, 4. We rocommiend to the managers of the Lake Tia Camp-Meeting Association’ the holding & Bundny-Schoal Assembiy on thelr grounds during the coining conference year, We mostomphatically indarse the vublications of our Tract Soclety, and | ‘will cleculate them. A We will keep our solemn ordination’ vows, obey tho discipline, and take the tract collection. ‘Tho report was adopted without debate. TUE PREEDMEN, ‘The Committeo on the Freecdmen’s Couse ro- ported collcetions us follows Chicago Distrlct. MNockford District, Freeport District 116 Dixon Distri 281 Mendota Dlatr 141 Jollet District 10 Total.... 91,373 Of this amouut, $030.17 have been forwarded, leaving a balanco of $743.53 in thie Committee's lands. Tho rollections are $36.43 In excess of thoso of Jast year, The Committee called atten- tion to certain blanks in the statistics, and some irregularitics in the forwarding of moncys. All funds belonging to this cause should bo sent to Tlitcheock & Walden, Inaddition, they offered the followlng: Jtepolred, That wo are convinced that the roe sponsibllity of elovating the frcedmen. morally and Intellectually, depends lnr&wly upon the Methodiat Eplacopal Church; und, in considers- tion of this fact, wo will unte upon our people greater liberality In sheir contributions for this caase, The report was adopted. The Committee on District Tecords reported that the recorda were all correct. Tho Rey, W. C. Dandy roported that the Committes appofnted at the kut Conference to FUBFARE AN AUT OF INCOLPORATION for the Hock River Confercoce had held soveral sesslons, and had prepared an act amd accom: puvylng by-laws. The commnitice conslsted of ex-Gov, John L. Beverlige, the Rtcy, Luke Hiwhcoek, and Dr. Dandy. It provides that nine trustees, three to serve one year, three two years, and threo tor three years, shall be electeds A Committee ou Nomiuatlon wus appointed and reported asfollows: o servoons yesr: Miner Raymond, D. D., I Martin, . Good- fellow, To serye two ye: I. Lipebarger, Yo 1. Cleveland, W, C. Willing. For three ya Luks Ijtcheock, D. D., W, C. Dandy, D. 4 uml Wy A. Smith, The report was adopted an the Committee continued, “I'he Committee on tho Woman's Poreign Mis- sfon Roclety reported that the sum of $20L.91 had been recelved. ‘Tho Coniittee on Meinolrs reported memolrs of 1be Rev. Christopher C, Bushy, the Rev, Jo- seph I, Leonurd, tho Rev. Charles Perkins Mrs, Ellzabeth Ruymond of Evanstou, & Mre. A. J. Sullivan of Serena, TUR MARINEHS, - The Committce on Hcamen's cause reported as follows: The pruperty formerly known a4 the ** Mariner's Temple® had passed oat of the kands of the So- clety, aod (s uow lield by partics In the Kast, aud, we belleve, s Jost beyond hops of redemption. in the Westorn Ecawan's Friend Soclety we rocognize an lustitutioa which, by its facilities snd nultiplied ageacies, 18 occupyiug the entire fold, sud we therefare recommend tho adoption of tuy following resolutluny: Hesoleed, T'liut we express our high appreciation of the earnest lubors of the Society {u toe gub.lnfl rejuice tn tho evidences of good accowplished. leqolred, That wa pledyeto the Wostern Soa- mew's Fricnd Soclety onr bearty co-operatlon 18 ita work. anid commynd (bow (0 the sympatby snd wld of mu')mn le. Jiesolved. That, by request of the Soclety, we recommend the wppolutnient of the Rev, L. Salise bury ax aucot of tno Western Seawvn's FPrieud So- clety, sabject tu the dircctions of Jis mansgers. The report was adopted. The Stewards, whose report was recommitted, Erewntedl revised rulmt recommending the tewards for tho coming year to ascertain | any plun can be devised whereby lenxfih of service shall o constdered fa waklog the sp- polutments. Theameuded rupart was adopt TN COMMITTEM ON UTATISTICS . prescnted their report, from which the follow- {ug facts arv collected of churchies and panion- relsed duriug the yoar fwe Th cot val ages, ‘B amiounts