Chicago Daily Tribune Newspaper, November 26, 1877, Page 4

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

P Thye Tribre, TEIMS OF SUBSCRIPTION, TY MAIL—IN ADVANCR—FOSTAGH PREPATD, Dafly Editfon, one veay 00 Tartaof »year. b 50 Fonday Editl Toutte shee 50 ® 330 Eatnriay EQItion, tweive pARCS.. Tri-Weekly, one year. Tartsof avean per m WRGKLY EDITION, POSTPAID. one cony, per ye: Cuh of four. . Epecimen cops Glve Post-Ofice sddrees In fall, Including Btateand County, Temittances may ha nade either by draft, cxpress, Tost-OfMoe onder, or in registored letters, a1 our risk. TERMY 7O CITY SUBSCRIDERS, Dedly, delivercd, Eunday excepted, 25 conta per weok. Tslly, dcitvered, Kunday Included, 1) cents per waek, Addrers THE TIRIDUNE COMPANY, Cornrr Madtson and Dearborn-ste., ¢liteazo, Nl Onler for the delivery of Titx TRINUNE At Evanston, Englewovod, sod Jlydo Park left in the counting-room Witlreceive prompe strentior ——— e MEN AMUS! MeVieker's Thenten. Hadieon street, between Stato and Doarbarn. **Lillian, or Womsn's Last Love." Mesdames Don, Btoneall, ete. Messre. Wheelock, Learock, otc. ITooley’s Theatre, Tiandolph etrect, between Clark and Lasalie. *'Btruck OIL" fcsdames Moore, Smifth, ete. } Mesrs, Moore, Bulltvan, ete. Hnverly’s Theatre, Monroe steret, corner of Dearhorn, ** The Danltes.” Mesdamen Blanchard, Goldthwalte, etc. 3 Messrs, Jsn- ki, Aldrich, ete. Collseum Novelty Theatre. Clark street, hetween Randolph and Washingtos, Vhrfety performance. MONDAY, NOVEMBER 26, 1877, CHICAGD MARKYT BUMMARY, ‘The Chicago produce markets were active and irreiular on Batnrday. 3ess pork closed 734c per bl lower, at $11.95 for November and £11,05@ 11074 for January. Lard closed o shade firmer, ot $T.804/27. 85 eash and 87, 80@7.824 for Janu. ary. Mcats were casier, at Ge for Loxed shoul- ders and UXc for do ehort ribs, Lake freights were dull, at4e for corn to Buftalo. Whisky was auoted at $1.00 per gallon. Plour was steady. ‘Wheat closed 3¢ higher, at 81.00% for November snd $1.08% for December. Com closed steadler, at48%c for Novemberand 43¢ tor December. Oats closed firmer, at 203c cash and 23%¢ for Decem- ber. Ityo was unchanged, at Ghe. Barley closcd steady, at Gdbic cash and 64c for Decomber, Hogs were dull aud 10¢ lowor,, b $4,25@4.40. Cattlo were guiet and steady at $2,50@%5, 00, Sheep werg dnll at 82.70%4.00. Chlengo has packed (H1,460 houn this onth. Recolved in this city Jast week, 81,001 brls tlonr, 472,683 bu wheat, 617,860 bn corx, 203,761 ba oats, 17,300 by rye, 204,510 bu Larley. 100,005 hogs, and 16,596 eattlo, Export. el from Now York, 16,260 brls flour, 861,455 b vheat, and 500,111 bu corn,” Inspected Into store {i: thia citr Saturday mornine, 253 cars wheat, 104 cars snd 4,500 bu corn, 41 cars and 700 bu oats, 8 cars rye, and 0 cars barléy, Total (470 carw), One bundred dotlars in wold would in greenlincks at the zlose. stendy at 97}, An unusual qnantity of valuable informa- tion will be fonud iu the lotter of Mr, Grmps on Weatern Konsos, which we print this morning. Al that could bo learned by o personal inspection of the Joealities writton of, nud indeed much meore than would bo gathered by the averaga obsorver, has boon presented o theso lettors with o fairness and faithfulness nover ealléd in quostion. All of dMaoMauoN's utbterances that are pennitted to soach tae public oor bave the ricg of realstavce. At o grand military dinner given at tho Elyree Saturday tho MUarshal is sulil to have ropentedly declarod ogainst anything in the ualure of concossion or reconcilinticn, and ot o Cabinet council yesterday ho reiterated {hese views, The irsuo eannot long Le delayed, os it is belioved that the Chamber will to.day bo nsked to voto tho Badgot, ‘Rows of the Horon dimastar continnes to be forwarded in meagre quontities, owing tatho ynwilliugness of tho Signal Servico to subatitute tolograph wires for rod tapo on this oczaxion. The only tolegephic con. nection with tho sosua of tho wreck Is undor control of the Bigunl Service, whoso oper- Ators are utterly unskilled in the rapid transmiuslon of news dispatchien, A molans choly nddition to the chief horror oceurred yestorday cftorncon in the swampingof n sarl-bont ongaged in attempiing to rasena the Huron sufforcrs, whereby fivo persons were drowned, ” T Euormoun darango haa been enused by the Virgiuia floots. In Richunoud nlono the losies avo estimnted at betweon $1,000,000 and 82,000,000, and ot last sccounts the wa- ter was oighteen inchies above fho stage reachied in 187), and still rising. The Po- tomac at Washington is higher than has been known ginco 1352, Rotwoon Harpor's Ferry and Cuonterland fifteen miles of tha Balti- moro & Obio Rallrond is under wator, and the dutange to property throughout s wide extent of country by ronson of the raging floods svems likely to reach far into tho mill. ious, Judgp Kecroaa, tho United Btates ropre. sentative ou the Fishery Commission, in on- tering his dissent from tho awand, oxprorsed the opinton that tho ndvavtages roaped by Great Britain under the Washington Treaty woru greater than the advautages renlized by the United Btates; and Lo olo raived the quention, which is far tnoro to the purpose, whother it is competent for the Commission to muko an award except with the unaniwons conscut of {ts nembery, Judgo Fostry, the counscl of the United Btates, also Tocorded a formal notico of dinsatisfaction, loat s silonce should bo constrned as nssont. In the protractod debate which fs certain to occur on tho proposition to seat Gen. M. 0. Burzen as Benator from South Oaro- lina, the slore aud responsibility of tho latter in tho fuacful butcheriea of colored Kepublicans ot Iamburg aud Alken, 8, 0., will be made known to the world in & man- |- mer wore convincivg than campaign doou-. wents. Bonatorns Omewriaxor of Michigan and CaxznoN of Wisconsin, neither of whom witl bo acoused of partisan exuggora- tion, Lave prepared a report, and it will doubtless be presontod {n connection with tho debato on Burcew's case. Then the country will know ths kind of wman - for, whoss admission the Demoorats have bought and bargained with + woak-knocod carpot. bugyors. ——— It has just dawned upon the perceptions of some of the Rupublican Implacables of the Benate that while they were so deoply ingrossod in forming combinations to defeat tho Prosidont’s nominations,—uot oven, it is said, hesitatiug to Iuvio Democratio co- oparation to that end,—the Democrats bave been equally busy fu forming combinations for the control of the Bemato, Al ready tho friends of Parrzoson and Coxoven urge “in thelr defenso that an allianco to sest Pourixs wes no greater wrong than an sttempted alliance to xotain in ofic certain political friends whom the President bad nodertaken to displace. Xt looks now ns if tho Benators might have been better employed than in holding cau. cuses to consult ns to the best means of obstrneting the fulfiliment of the Prosident's Civil-Berviea policy. Ex-Seccretary Fsx scems to be gotting worsted in all diroctions in connection with the* GraxT-SBomwen controversy. When caught up on his assertfon that Mr. Svamen neglected to roport certain trestics by tho citation of the record, which shows that Mr, Buxxen did roport those treatios from his Committee, Mr. Fisx took refuge behind the plea that it was impossible for him to have been informgd of the proceedings of the Benate in executive session. Leaving out of question tho proprioty of making the asser. tion under such circumstances, tha ex-Secre- tary fares no better. It has been the in. variablo custom of the Secnato to transmit to the President tho records of proccedings of excoutive pessions, and thus the fact that Mr, SBuungr had roported the treaties must have beon known ot the State Department. The delay in tho confirmation of Gen, Hanruax, of Kontucky, a8 a Justico of the Buprome Conrt, cannot bo accounted for on tho ground of public interest or general fair. ness, It is nolorious that the Bupreme Court is loaded down with busineas which is far in nrroars, and that the vacancy made by the resiguation of 'Judge Davis should be promptly filled. It is admitted that Gon, Hantanis in every way qualified for tho place, and that a Bouthern man ought to be appointed. Theroia no opposition to his confirmation among the Democrats, for the Senators from Kentucky say that, if a Roe publican is to be appointed, they hnve no objection to Gon, Hantax, The only ground of opposition the Republicans can take is that Gon. Hanwax wns not an original Abolitionist before tho War; but if this rule is to bo applied in making Republican appointmoents’ in the Bouth, then the carpot-baggors will haven monopoly of tho Government offices, and thero will never bo any Republican party in the SBouth outsido of their clique. DBut such arulo would be embarnssing even at tho North, aud would oxclude a very large num- ber of distinguished gentlemen who regard themselves ns essentinl to tho existonco of the Ropubliean party, many of whom occu- Py conspicuous places in both Houses of Congress to-day. Gon. Hamrax should be confirmed without farther delay as a matter of justica to the public, to himself, to the President, and to the Republicans of the Bouth. | THE BENATE CONTEST. There is a prospect that no public bnainéss can be accomplished in tho National Con. gross until tho stragglo for political suprom- acy in the. Senato sball havo terminated, There are two measures to which tho entire conntry is looking forward, with n hopo long defarreq for relief from tho oxtended ora of commercinl depression, viz.: The Silver bill and the bill repealing the prematuro date fixod for resumption, Both theso bills have been pasecd by tho House and await the con. curronce of the Bomate. Thoy aro of a charicter nnd importanco that demand im. medinto consideration. The business men and the workingmen of tho country have the right to oxact s decision from the ropre. sentative law.mokors in o matter which affocts tho material prospority of the ono claas and the very existence of tho other, In tho fnco of this perilous situation, the Democrats aro so groedy of mero partisan advantngo that thoy cieck all logislation in dosperate offort to seizo tho control of tha Bonate. Every consideration of publio wel- faro ia sot asido to-improvo an opportunity furnished by the absence of one Ropublican Senator and the defoction of two others to press tho clauns of the Democratic contost- ants for thg vacant seats. The blamo for this flagrant definnco of the popular will reuta upon tho shonlders of tho Domocrats, They forca the Republican slde of tho Son- nto to roslst on the fnpnlse of self-protec. tion. The strugglo will begin to-day, and whatover tho result may be or Lowaver it may bo protracted, all public affairs will be arrosted to await the outcomoe of tho Demo- cratic faction-fight for partisan advantage, The first skirmish in this faction-8glt will be as to tho precedongo of the Burrez-Cor- o1 to the Keroda-Svorronp contest, Tha South Carolinn cnso was brought beforo the Sonate on a motion of Mr, Tuunsan to dis- miss the Committeo Lecauso of tho delay in making its report, Pending a decision of this, the Comumittao havo agreed to report in favor of scating Krtrooo, and will present the mattor lo-dny, The Kxrroaa case, com- ing before tho Bonato fu the shapo of a Com. mittoo report, should properly take proce. denoo of n motion to take up anothor can- testod election case on which the Committeo have not yet roported, since tho Commitles thus give the Senato material to aot upon, and cannot be charged with a purpose to oceasion delny until thelr report in one case shall have been disposed of. Tho Demo- orats, however, will resist the effort to take np tbe Commitice report first, because thoy oxpeot, if thoy shall ba able to soat **Ham. burg" Borres, that his vote will then onablo thein to seat Bourhon Eovstiy, and theso two lead finally to the seating of Balldozer Sror- voun, Therealizationof thisprograzame would givo the Domocrats 89 Senators as ageinat 87 Ropublican Bonators, or a clear majority of two, including Voorures, who has taken tho seat of tho late Bonator MorTon, ‘The political division of (kLo Benato, as it now standy, is 87 Republicans and 86 Demo- crats, counting Boorx with the Republicans and Davis, of Iilinois, with the Democrats, with threo vacancles, Suamow is the only Republican Bonator who is practically ab. sent, slnco Hrame aud others who may bo tewporarily away aro paired with Democrats on all political questions, 1f all the Repub- lcana in tho Bunato were true to their party in this purely partisan controversy, the voto would bo a te in Buanon's ab. sence, and Vice-Presidout Wieerza would have the casting vote, It soems to bo gen. erally conceded, howover, that Parressox, of Bouth Carolina, and Coxoves, of Florida, Lave beon retainod fn the interost of Bur. res. Both thuso casus are obviously the re. sult of bribery; perbaps not of money, but of immunity from criminal prosecution in Parrrnson's case, and of a new influence in Florida politics in CoNover's. If theso.two Senators havo sold out, body and soul, to tho Democrats, then they will yote with the Democrats to give BurLxa's case precedence over Kxtroga's, and, finally, to sat Burres, Willh Burzen in bis seat, and Smagox still absent, the Democrats will have 37 votes as ngainst 86 Republican votes, and they can then procecd to scat Everis and Srorrozn without sguin purchssing the votes of Par- Teasox and Conoves, This s the programme, ‘Thomoausof rosistance atthe commandof the Ttepublicans iy prolonged debate, Tho Dom. ocrats can meot this by a rofusal to adjourn (if tho twitors Parzasson and Comovea act THE CHICAGO TRIBUNE: MONDAY. NOVEMBER 26, 1877. with them on such a motion) till the Senate shall consent to fix a day for taking a voto on Burrens case. It will then becomo question of physioal endurance, such s the 1lome-Ralers recently forced upon the British Paclinment. There aro soveral ugly nnd suspicious oir- cumstances incident to this struggle. Why is it that Mr. Bramx obstinately maintains Lis pairing with Grover, who is absent'in Oregon watching his bribery case? Why does Mr. Braxz not inaist that Groven shall pair with 8marox, who is likewise absent? Both S8narox and Groven ara off on the Pacific conat,” and neither contemplntes re- turning to Washington during the extra sos- sion, It would b fair to both ‘partics that ona shonld offset the other, in which case Mr. Brawe might return to the Boonate and prevent the consummation of the Domocrntio conspimcy, Can it be that Mr. Branve's spleen fs carrying him to tho oxtent of desiring to turn tho Senato over to the Domocrate? Why is it that Parrenson is not sont Lo South Carolina on tho requisition of tho Governor of that State to stand his trjal on the indictmont for brib- ory? TParTeRson cannot plead his Scnatorial privilego in cxemption from arrest for fol. ony; the Constitution expressly excopta fcl- ony, treason, aud breach of pence. Mo shonld bo provented from using lis soat in the Benato 08 a menns for warding of his punishment for . felony by selling his vote to .the Domocrats. Coxoven's dofection is also sald to have been suggested primarily by the rofusal of the Presidont to be dictated to in the distribu. tion of patronags in Florida, nnd ho hns probably been sustained in his resontment by thioso Benntors who want to do the samo in other States. The wholo affair hns tho nspect of doliborate blackmail and bribery, in which tho vital interests of tho entiro country aro to be held in suspenso until the Ropublican perty can bo swindled of its rights by 8 fow mnlcontents and intriguers, THE WRECE OF THE HURON, Tho loss of tho United Statos war-stoamer Huron and 100 lives is a sad ovent viowed from any staudpoint, and the mourning which it causes will bo incroased by the re- fleotion that it might have beon avolded. Theoro ia evidonco that the steamer waa not soaworthy, Sho was ono of the vassels built by Mr, Jomn Roacn nt Chostor, Pa. “8Bhe was ostoomed,” tho dispatches say, “ong of tho best vesaels of her class,” and, for nll we know to lhe contrary, sho may have boen all sho was estcemed, But if the Turon was one of tho bost vossols of her clasg, there need bo no hesitation in saying thot tho class wns bad, and that the con- struction of vessels of that kind had bos® bo nbandoned by tho Navy Department. All the circumstances of the wreck have not yet beou told. It is sufficiont for the purpose, lowover, toknow thata war.vessel of the Unitod States, with a fall equipment of men, with nowand supposed poworful onginos, and allthoimprovemontaknown to Americansteam ship-building, went onalooshorent midnight, not through any fanlt of tho officers or men, but in consequonce of defoctive con- straction. Tho presumptiod s that tho on- ginoa broko down, and tho informationisnow given that onginos of the class provided for tho Huron aro peculiarly liablo to break. It is known that tho maats went by the board, and tho iron hullwas crushaed as if it woro an oggshell. Tho wrock was total and instanta. noous, and tholoss of lifo was correspondingly suddon and great, The Huron is certainly not a glowing recommondation of Mr, Jonn Tioacy, the American shipbuilder for whom 80 many subgidies have boon solicited, nor will its fato add to the famo of the Roneson administration of the Navy Depagtment, It the officors of the Huron had rognrded the storm-signals that wero flying at Hamp- ton Roads forty-eight hours boforo it took its departure from that harbor, the wrock would not have then occurred, Tho signal- sorvicoofflcinls complaia that itlsthepractice in the novy to disrogard these storm.alg- nals, In cases of omorgenoy thero may bo abundant ronson for sailing without rofor- enco to wind or weather, for tho signals noither show how long the storms aro to continue nor how violent they aro to be. But it can hardly have beon necessary that a surveying expedition shonld set forth in such hot haste as to excuso the negloct of ordinary precautions, The merchant marine is guided largely by the warnings of the ‘Woatber Buronu, Millions of property and thousands of lives have' been maved by ita instrumentality, The navy has been somewhat too contemptnous of the sclontifio landsmen, and somewhat too confident of jts obility to meet any stress of weather. It will bowell in the future for officers to re- flect that, ns thoy are supplied with inado- quate machinery for riding out storms, bad wonthor 18 to be avolded when posaible, ‘Thoro ore other circnmstances connected with the wreck, such as the inefficiency of the life-saving station in the nglghborhood and the failure of the boots on board when they were most needed, which need explana. tion. No amount of censuro at this timo can savo the lives that havo already been sac- rificed to stupidity and corruption, but a cor- rection of the deflolencies complained of may save many lives in tho future, Fortu. nately tho new Becretary of the Navy has manifested a differant spirit from that which controlled hia predecessor, and the country may confidently look to him for a thorough investigation of tho circumstances and tho recommendation of such changes in the con- struction department of the navy as may bo necessary. 4 BLAINE AND PATTERSON, The Benatorial imbroglo is dsveloping some very romarkable personal traits, cs. poocially in tho cases of Mossrs, Braws and Parrezgsox. Mr, Buiuws telegraphs to Washington that bis palr with Guoves is binding for the rest of tho session, and that no friend of his would circulate any stories that be intonded to seck to break it, The frionds of Mr, Brave aro not so concerncd about his breaking his pair with Gnoves ss they are about his having paired with him atoll. If Grovzs was going to pair with any ong, it should have been with 8manox, Thoy arc both Qoast Benators. Buazon is away looking after his hotel and his money, which are more importantto him than thein- torests of tho party orthe country, and Grovza is awoy in Orogon looking aftor tho charges that he obtalued his place in the Ben- ste by bribery. Mr. Bramve, if he was goiug into the pairing business, should have forced Guovza (o pairoff with Smaxox, and let these two men, one fearing the effeot” of bankruploy and the other of bribery, offsot each other. His sudden outburst of chiv. alry is suspicious, to say the least, and noeds some explanation, lest the public arrive at the conclusion, notwithstanding his theat- rioal detaonstrations, that Le i not particu. larly anxious to save the Seunate from falling iuto Domocratio hands. Without some such explanation, Alr. Bramvg's pair with the Ore- « gon Senator looks very much like a dirgraco- ful ontrage. Mr. Parrersox, of Bonth Caroline, ocen- piea, pérhaps, the most despicable position yot reached by an Amorican politician. If tho Democrata got possession of the Benate, they will have effected that result by pur. chasing tho support of a eriminal on the, rond to the Penitentiary., In all its aspocts, it is the most disroputablo and disgracefal ack over porpotrated in the history of Cou- gross, and one which roflects with equal dis. credituponbuyerandsollor, He hasgained im. mnnily from a felon's punishment by bo- traying hia party, nnd hasncknowledged hime solf guilty beforo the people of this conntry by consenting to make tho transfer, The lonat that the Bonato can do is to kick' him outof it. No Republican Sonator, no Dem- ocratio Senator, who lins ordinary self-ro- spect, ean domenn himself by sitting with him and acknowloedging him as a poer. Ho should be hustled ont incontinently, and the Wnshington courts shonld surrendor lhim to tho Biato ho has robbed, that its nuthorities may satisly justice by in. terning him in tho Ponitontiary, The spectacle®of this Souator, who has robbed his 8tate of monoy nnd robbed his party of hia voto, driven hitherand thither by * Ham. burg " Burren's whip to do his bidding, and aboying his master so that he may escape the State's Prison, is not a very ploasant spoctacla to any man, Republican or Demo- crat, who has any convictions os to party foalty, manly honor, or common honesty. Parrersox in the Penitentiary would be the right man in the right place, ‘WAR WITH MEXICO, Tho rumors of war that have been sent forward from the Moxican border daring the post fow montha are at last.beginniug to tako shapo., Therais a number of rostless spirita on both sides of the bordor who de. siro war for its own sako, and for the chances it will give of making private fortunes. Tho CGovornor of Texas ia* unpatriotic cnough to advocato war beoauso ho thinks ¢ would bo popular with n larga part of his constitugney, sinco it would make businoss active in the Btate, while it would involve no serious risks of invasion or spolintion, There are, Lesides, n number of adventurors and speou. Iators in the United Btates who aro egging on o war to ndvance their own interests, Thoy arc concorned in Mexican mines and pros- pectuses of Mexican rallronds. No onter- prisos of this naturo can socure suflciont capital while the country remains undor the presont chaotic Government. Tho ad- vonturous speculators reforred to,. there- fore, hope to stir up a trouble which will end in the annexation of the northern provinces to the Unitod States and give them employ- ment in * opening ap the resources of the couniry,” Thoy have the asslstanco and countonnnco of a number of instrgent chief- tains who find tho country getting toc warm {o hold thom, and of many Mexican proper- ty-owners who honestly desire to live under tho'freo and prosperous Govornment of tho Unitod States. 'This catalogub exhausts the numbor of peoplo in both countries who are in favor of war, It is absurd to suppose that tho bulk of the poople of Mexico want war, or will engago in it unless they are forced into it. They lave had oxperionco cnough of the strength of the United States. ‘When this nation was hardly half ns powor. fal es it is touday, it conquered Mexico in o holiday ecnmpaign; and, it it wero to go to war ogain, it would probably find the regular army, with very little increase, sufficiont to crush thowlholo of Mexico. Awar with Canada, even without the intervention of Groat Britain, would be a far more serionaundertaking; and such a combat would be as unequal nas one betweon & small boy and o stalwart man. But casy as it would be for tho United States to whip Moxico, we do not care to undertako the task. Wo do not, in fact, desiro to wlip anybody juat at presont, Thero is no occasion, Nobody is treading on our cont-tails, and nobody in this region of the world proposos to kuock the chip off fromi our shoulder, It will bo well for tho Governmont to be on its guard against thess war rumors, aud the fresh wavings of the bloody-shirt, which are mostly induced by a spirit of reckloss epeoulation. Every means to soouro penco should be exhausted befors sternor measures aro rosorted to. War, in the present condition of tho Troasury, isn luxury which the United Btates can fll afford, oven if thero woro o protext for it, THE STRUGGLE FOR GOLD. Not during n lifotime has thore been such n struggle for gold ss is now going on in Europe. London i the grand centre for the purchase and salo of bullion. Thither Gormany Las taken the hundred millions of dollars and moro of silver which it haa paid out in purchasing gold at a largo preminm. Gormany has already paid out many millions of dollars in the way of promiums on gold, and is daily purchasing gold at o heavy loss, The domand for gold by Gormany will last certalnly another yoar and perhaps longer, In tho meantime the Bank of England is threatoned with a scarcity of gold, thore being a steady draft on tho roserve, The old expediont of ralaing the rate of disoount, thug attracting gold to London by offering higher rates of interest thon are offered at Paris or. Borlin, seems to have failed,—the Dank of Franco purchnsing English bills,” hud thus arresting the flow of gold from Franco to London. In tho meantime Ger- many has groot difficulty in retaining the gold it has purchased at such cost. The London Eeonomist of Oct. 20 says: Amid the unlvorsal scramble for guld, the dispo. aition of the market rates at the same time to droop Is very consplcnous, In {he German money warket, a3 in this oue, the rate of disconut has droppad far below tho *'oficial® rate, the Impo- risl Bank of Germany charging 5, tho murxet 4 per cent, 'I'bo latter seoms to be partly a reuction- ory low rate aftor thu 1aonetary alann caused by the Stottin fallure, The forwer 48 kopt up for the purposo uf retsining gold In the couutry, &t pres. ent only with partial success, woile it 18 feared that a Russian externsl luan would drgin the metal away largely from Uermany, Much of the gold purchased by Germany has been csptured by ‘the Bank of Frauce, whero it is held. The demand for gold by England is becoming moze critical because of the commercial necessity of exporting largo sums to the United States. The Amer. {can securitiea bave been sent home in such quantitics that thoy are becoming scarce in Europe, and sje now hold mainly as fixed investments, and aro not the subject of spec- ulation, A TheEnglish, Frenchand Germanstruggle for gold, the annual supply of which from the gold-producing countrice is declining rather than increasing, is now supplemasted by the sction of the National Bank of Holiand, which, alarmed by the growing scarcity of gold, has taken steps to provent the export of gold from that country. Thst action is thus described : Tha Pasls correspondent of tha London Time telegraphs that the Natlonal Bank of lioll has raised the pricy of its stock of mapole 2 france) from 1,057 forwns to 1, 060 flurinea Byoa- eand. The object I8 to check tha export of goid coln to Belefam and France, its stock having been rednced In three weeke by nedrly 11,000,000 florins, Tho florin {1 equal L0 $0.38% In American i ‘T'he little Btato or Provinca of Finland hns rocontly demonetized silver, and is just now in tho market trying to find gold to take ita place. The struggle, therefors, is an active one. Tho stock of gold islimited. Germany,which created a domand for $300,000,000, hias not boon able to obtain it, nnd {s nt present lalf why botween domonetization of silvor and an oxclusivo gold standard. Owing to the ina-- bility to gof the nceded gold, silver remaing o logal-tender, aud the newly-coined gold is gradunlly glipping out of tho country, Iol- 1and, which has always n stock of both mot- als on hand, hns almost prohibited the ox- port of gold by placing p large preminm on it. Franoe is supplied with logal-londer sil- vor coin which nuswers all Lor purposes of currency, and the Bank is nblo to ac- cumulate and hoard the gold. Russin is in want of gold, and is offering n largo price for it. Groat Britain has to pny for American cotton, broadstuffs, and provis- ions largelyin gold; and, botween these and ‘minor competitors, tho strugglo for gold is a florco one, and out of it may probably grow financial embarrassments of tho most serious charactor, At this time, whon gold is at this high pre- mium, when of necessity all other valacs are deprossed and produotive industry paralyzed, our Beoretary of tho Treasury proposcs to inorense tho panio by making gold the ex- clusivo money of this country, and by goiug into the European market and buying $200,000,000 or moro gold to pay debts which are on their face payable in silvef. It hardly noeds but o statement of the facts to show the folly of the policy of tho Bac- rotary, and to sliow that the only hope of rosnmption’ [R throngh tho agency of re- monetized silver. ‘WESTERN MORTGAGES, Tho New York T'imes finds it no cnsy task to ocreato a panio among Eastorn capitalists who have invested in Western mortgagos, or to oxcito thom to the withdrawal of their money from tho loan-market of the Wost. The Public, of New York, which is regarded na an authority in financial matlers, has taken up the subject, and exposos tho woak- ness of tho attacks made by, the Z'imes, which, for the rest, is obvious enough to all who are familiar with the facta. Tho Z¥mes hns cited no facts whatevor, but in its wrath against all Westorn interests (arising from the Wostern antagonism to the schemes of tho Eastern gold Shylocks) Las indulged in the most glaring misrepresentation. After charging that thore {8 n goneral collapso in Western mortgnges, which Tnez Trinuny has sufficiontly disproved by citing the roports of soveral reputable loan-ngeneics, the Z¥mes further intimated that it was also impossible to moko prompt forclosures, and thus force n conversion of the sccurity, To this the Publio nptly roplies that Iilinols and othor Western Btatea long ainco ndopted tho sys. tom of trust-decds, undor which the mort. gagor walves all cxomptions and the mort- gageo may sl onshort notice and give ngood title; and the Pullic adds: *‘ It may be statod gonorally that, ns thero i8 no other class of investments upon which defaults nro so raro [as iu Westorn mortgages], so thero is no other upon which, if proporly plooed, the investor can so quickly and surcly roalizo in ocase of dofault.” 'The samo rela- tively oxcellont condition of things which Turz Trmuxe haa found in investigating the mortgages for loans vu property in Ilinols is reportod from othor States. A recent num. Lor of the Indinnapolia Journal says : We havo taken some palnato got at tho facts, and assert it to bo truo that of oll the Joans on real estate mortgago {n this Stato 00 per cent of them have pald the imterest throughout the terrible ponicand deprossion of tho past four years with.. out default. Of the 10 per cent in gefault the creditor generally bad his optlon to take tho rente and apply thom to the taxos, tnsurance, and fnter- oaty or to foreclose, Taking elther course, the latter generaily belng tho most disastrous, the property, whero thero has been default, bas pald 80 por cent of the smount for which it was mortgaged{ mo that tho actual loss on &l tho loans made, at the tlmo when the devre- ciatlon of values has been. unprecedented Jn this county, bas pot been to exceed 2% per cent, Now, If the Times will havo ita renders comparo this loss with the por cent of loas sustained by them on railroad and other secari- tles in which thoy have made investmonts, wo think they will find no investment, except in Gov- orument bongas, that furnishes so small o propor- tion. The average rato of interest now belny patd on Western loans is aboat 4 per cont, wo that {he holder could aven afford to lose his 2i5 por cent perunnum, and then come out with more mouey than 1t his Investment was In Uovernment bonds) The cofforta of the New York ‘Times to ruin tho credit of the West will fail by renson of the conspiouons absouco of facts ,on which to establish ita caso; bat, if 1t should bo otherwiso, and any Eastern capital. iata be induced to withdrqw their monoy from the Western market, forco salea under forc- closure, and rofuse renowals, Eastorn capitel will suffer as much ns Westorn interests from the result, for it will find no other fleld-so rich and safo. ) {8 working away bravely to explolu to his own satisfuction bow it happencd that tho Republic- ans clected all or part of thelr ticket m such herctofore strongholds of Democracy as Ban- gemon, Morgsn, Peorla, Pike, Colcs, Marlon, Adums, Bhelby, Mason, and Brown, Ono ex- planation he gives js that leading Republicans cgged on the Democrats to support the Green- back tlcket, while they woro careful to keep thelr own ranks unbroken god stick to the lte- publican tivket closer than @ brother, He ro- marks: % o saw, in this city, Repablicana llko ex-State ‘Treasnrer BATRs and ex-Represontative Jaxxs C, CoxxLiNg give to the COrevnback movement all tho assistance thoy possibly could. We saw the Hepublican State uiicers, frum overuor down to rinter expert, sedulously wustalning the Groene Blck movement In uvery county In the State the could reach, "I'hv people of tho State saw Dric! Pousuoy, and Gen. B. ¥, Cauy, of Oblo, travel. ing abuut the Stawe, with theie exponses paid Ly Hopublican comuwitteca (1), tho guests of opublican polllicisus, thy reciplents of flat- tery aud pudery by llc'yunnc-n oditors {), sad currespondents.” Thesu fucts bave but a single wig uidcunce; they ahow Leyond doubt or cavil that the politicians who wera desirous of breaking up the opposition tothe schemves of political Snancier- ing took sdvanisgw uf the dissaisfaction f the f:wp" to divide and dletruct the itlon. The emocracy of Lhe Stato of Iiinols, d each townablp, om, they must reform thelr ra. wachloations of Republican puliticiany, and to do this thoy wilt od 0o better basls tlan the National Democratic orm of 1870, Lave this Bays an oxchange: ‘*It.is to the credit of tha Republicans 1o Congress, or rather it is to the dlacredds of the Yemocrats, that every vote given ju favor of the smendment striking out the en- acting clauss of the Paris Exhibition came from the Democratic side of the House, *Tue Demo- cratic vlew of the Exposition seoms o be, fu tbe first place, that this couutry ougbt mot to be ropresentod st Paris next year, and in the next place, that 1 1t is represented, its representa- tion ought tobe so chesp sud nasty as to dis Krace the country.” e — Wil & fow days cvery life-saving station in the vicinity of Currituck, N. <., will be promptly and efficicntly filled. A prodigious smount of looking out will be doue and tirvless vigilanco will characteries the sble gestlemen intrusted with the guardisuship of the ses- tollers. Powerful end spproved telescopes wiit bo furnished, and competent life-boats of estab- lished reputations for eeaworthiness will be drawn up in rendiness for the next eatastrophe, There may be some cvli-llaposed persons who will point susplclously to the fnct that no ship was wrecked there beforo the Huron, and that the probabilities are that none will ever go ashore there agaln, and these same persons may demand some reason for the negligence already shownin not manning thesv stations. But It will scrve to console tho friends of those who went down Baturday to know that the stable- door has been locked, even If the horse-and harncas have departed to roturn no more, B — Froquent reference having heen made during the silver discussion to tho * Latin Unfon,’ and the regulation of colnage by that treaty, we re- produce from the Cinclnnati Commercial the fol- lowing tranalatfon: Tho anbaldiary silver coina of Franco, Belglum, Ttaly, and Bwitzorland shall have A Jegal-tender vnlie between the individnals of the Stato witich has colned them to the amonnt of GO franca per aymen M 'lho State which haa pat them into elrenlation shall receivo them from her citizena without sny 1imitation an o the quantity, The Public Troasurles of ‘each of the four Btatos shall roceiva the subsidiary silver coins minted by one or koveral of the athor Statos to the amount of 100 francs per [mymtm. s Fach onoaf {ha ‘States 18 bound to redeem from individuals or from the Pablia Treasurics of other Btates the subaldiary silver coins which It has put into clircnlation, and "to yexchanga the rame for an cqual sum of unminted: leval-tender (zold or fivo franc silver ploces), on condition that the sum pre- sented for such exchange shall not be less thon 100 francs. e — Grand Duke Coxoven's friends cxplaln bis fumping-jock antics on the hypothesis that Presidont HAYES has Interfered with the Duke’s little Duchy of Florida. It scems that Hares, who I8 only the President of a Republic, con- ¢luded to make some appolntments in tho former Btate of floral noryenclature which the preslding potentate resonted, declaring Florida to bo in n state of war, and announcing that tho United States must give up (is absurd claim to any right of control over his balliwick. ftis ot the old doctrina of Btates rights. - Oh! no. Duke CoNOVER nasurcs tho othererowned heads that hiefs ns good s Republican as they make *em, and under no clrcumstances could he per- mit the Introduction of the anclent theory into his'n, ITe merely proposes to boss liis own sce- tion, and {s prepared to * buat " things If inter- fered with, —————— Mr. HernY WATTRRSON was dined and wined by tho Latus Club in New York after his recont Iecturathere. Ho made o post-prandfal apcech, of which the following {s a specimen: In my part of the conntry we have an impreaston that the Government should give un what maney e want and ask no quostions. During tho fAush thnes of 47, an old North Usorgla farmer went down to Auguata, entored the Stato Bank, andsald to the Canhijor: *'Don, wo must have mure clr« culatin mediom, bound to have It; can’t without§t,” **Well," anys the Cashicr, **how are you going to get Y™ ‘*Why, stomp it." *'Sippose wo sfomp it, a8 yon say, how are wo to redeem §E1* SM\Why, Dom, thls fs what I'm a-comin’ to. . You sce, In North Georgy we are flrn resumpiton.' 1t scoms to mo that the story illustroten the financing situation In Washington at least; und, premlsing that if the Government can atand it w can, T turn at once toa question upon which I would Aol for a moment, and to which 1 would call your sarious attention, i The Fulton (11L) Democrat, In an artlcle dis- cusaing the late popular vote agniust thd State- Touge tax, roaches the kernel of the matter in these words; Thero must bo a new and honent Noard of State- Tonee Commlsslonorw, and uorlniflald must far. nleh those four acros of land, or that bullding will stond there unfinished until the crack of doom, Tie TuiBusg has been trylog, ever since laat winter, to eet the managing men of Springficld, including Gove. Paruerand CuLLoy and tho Hon, D. L. PuiLLirs, to recognlze the fact abovo stated, and for so dolug it has been roundly nbused. i —s PATTZRION'S defenso (when his trial comes on): “It le true, most potent, grave, and rev- crend scignors, that I have fuifilled all the fm- moral obligations particularly. specifled fn the various counts of the Indictment; but (with a sweot amilo) 1 subsequently turned Democrat, which makes theao acts of mine virtues instend of vices” Verdlct—*We find him guilty of the erimes, but we farthor find that ho fs a Dormocrat, and, os tho latter jucludes tho leaser, and {a In itsclf only & political offense, wo fail of jurisdiction, and order tho prisoucr's dis- charge.” Ex.(‘t PATTEREON, e — ——— i 1t is dally becoming more and more painfully apparent that 19N Voonuszs Is s candidats for re-clection to tho Senate, Ho Lna put & muzzle on his worst cnemy, his mouth, and the pros- pect that he will not bae found out for what he Is becomen more promising as he grows accus- tomed to the enforced but unnatural sitence, D got vn RanDn, the 88, Elmo desperado, Is wanted in pree different parts of tho country, that ho moy be hanged for three different murders. Naturc appears to have wado a mistake fn not constructiug this gentleman on the principle of triplota. ———— : Fora pupér that protended it did not care o button whother the State-Houso tax was voted up or down, tho Register oxhibits a veryslngulsr amount of spitefulncss towards thoae Chicago papers which advised tho peoplo toveto the tag, ————t—— And yet, when wo como to look at it, we are Inclined to think the country would do s well 1t al theso Congressmen would consent to cast the lustro of absenco over their seats. eee——— A generous gentleman Is that miniog 8enator who, with phenomenal aelf-abnegation, foregoes the pleasure of Buauox the glorlous defeat of his party. | ——— Life-saving atations on the Atlantic appear to bo devoted to saving trouble to the prople who are expeeted to man them. P . — Hereatter wo shall feel justified In calling Mr, Danwin's frlends Pongolians. e ————— . 1t Is BuanoN's nbscuco that Btyx theso chaps, PERSONAL. The New York Muil has changed hands, bt tha old editor is retained. Mr. Carlyle's health is good, the reports of the AfAenaun to the contrary notwithstanding, ‘The late M. ‘Thicrs wrote a complote work on spherical trigonometry while yet a vory young man. Principal Shairp's inaugural sddress as Protessor of Pootry at Oxford ls aald to have been properly & yermon. AMr. Welsh, Mmister to England, will not Jeave untll Dac. 1." Nis Philadelphia trionds give Lim a parting banguet to-morrow, Mr. Conway soys Mr, Ruskin *doesn't liko aclence or oducation, or, in fact, anything or noybody, except a fuw that don't oxist.™ One curious foreigner walked down the alslo at tns American Cuapel In Parls on a recent Buandsy and bad a good look at Presldent Grant. Gon. Sheridan said racontly to sn artist in Now York City that **dash " had nothing to do wilh hils success in the late War; it was all pure aclence, g . The American and Forelgn Anti.Slavery Boclety bas resolved to juvestlcate whether Minis- terWelsh owns elaves or hayan intorest in siave proparty in Cubs. Willimn Alvin Bartlett saye that Benator Morton always refascd to bold relizious conversa- tious with any one, and that hs died without sny <hange of miad on religions subjects. . Mr Henry Btanley is to receive a gold medsl from the King of Italy, and this will be its legond: **To tho Intrepld Exulorer of Bquatorial Alries, Btanley; Glven by Victor Emmasauel," Asif the aunal4 of suicide were not grim enough already, the woll-to-do husband of & ‘Wwoman who took ber lifo on Blackwall's Lsland last ‘weok bas refused Lo bury her, sud sho will be lald 1o a pauper’s grave, A, and Mrs, Edwin Booth were at the Gslt Hoose, Loutsville, Ky., last week. They vislted Mammoth Cave on the grest actor's birth- day, and bo culebratod the occasion by laylog ths cornec-stone of 8 mopument to Shakepears, ncar thao baso of theUlant's Culia, TFOREIGN. The Bultan Calls Out 150,00 » of the Home Guards, England Ordors ller Envoy ¢, Make No Offers of Mediatton, Mehemet Ali Unable o Qo to the Roelief of Plevna, A Terrible Gale Blowing Aroung - the British Isles, MacMahon Repudiates the Peacefy Sontiments Lately Attributed to Him. WAR NOTES, A RUMOR. | ConstanrinorLr, Nov. 5.~A doubtfn Tuinor was current Baturday night that Osmag Pasha Lind forced the Russian llnos, NO PRACE. Al recont rumors relativo to mediation arg . again declared false. Mr. Layard, the Brityy Minister, has received Instructions not to take ‘the inftiative in the matter, but walt untll Eg. gland's mediation a requosted. PLBVNA, A telegram from Bucharest says: % 8p far ‘rumors that Osman Pasha {s negotiating to syp render are mercly Laged upon the appearance of a parlementalre from Pleyna at the Russian headquarters.” CONSTANTINOPLE, ConatExTiNOPLE, Nove 25.—An Irale hey beenjizsued callfng out 160,000 of the clvie guards in Constantinopte nud the proviaces to maln. taln order during the possible absence of the regular forcos, Clirlstlans are summoned toy participato o this lovy. ruovitz, . Losnox, Nov, 25.—~Tho Roumanfans officlalfy announce that they took the strong pusition of Provitz ou Nov. 23, after two daya’ fighting, LORD 0DO RUSSELL' Teturned suddenly to his post at Berlin last weak, MBEIEMET ALL A Constantinopls correspondent saysa privats Ietter from Hofla represents that thiugs look: uusatisfactory, Mobemet All can got neither wen nor artillery enough to formn o releving army, THE MONTENBORIN OAMPAION. ‘A Cettinjo corrcspondent statce that the ‘Turks lave evacuated Morice sud ull the villages of the Krama district and beyoad the Boyana, The Miridites aro again In rovolt, and bhave adyanced to the vieinity of Beutart, BRUVIA, A DBelgrade correspondent aunounces that Servia's futervention s now cortaln, It 4 stated that her independenco will bo prociatmed, and all her miiftla bas been orderca to be ready to march to the frontler Nov. 29, . ASIA JMINOR. A special from Constantinoplo says s report is current that Mukltar Pasha has withdrawa from Erzoroum. = A BINGULAR INCIDENT. A letter from the Rusatan army to the London Timea relatea this caso of cowardicn: While un the sabject of the sick and thelr hos- pltals I mn{ wentlon a slngninr {ncitent which ve. curred fn tho Princess of Rownanii's howpital at Buchnrest, Just beforo 1 loft that city for the teont, 1 wos showis 8 man dylng nr%ymmlv and had the followtyg account given of hlm: When tha pooe follow Was glven up by the sargeoms n priest was sent for, but ufter confoasion ha sppoarud very restlese; ond fimuln nku{.l to seo hor Lighuess the Princcss Ellzabuth of Houmunin, alone, e was pressed to Jflw lls ronwons for this singular -re- queat, but doclincd to dowo, 1lis nnocasiness in- creased so rapldly that ually fs wislica wers communicated to her Highnoss, who lmmcdluu;s went to hins, knelt b{ his bodsida, and hea from his dying lips ihe following: confession: He stated that his company had beon in the frst auenult on the great redoubt uf Geavitza on the ilth of Buptember; that, whon he saw his com« Tades fnllll;y around bim, ho bucatue frightyned and whot off the end of his forefinger, and then Tun to the rear, got into au ambulsace, and was carried to the hospital. 1le wan satisfied that hls death from auch a trivial wound the rosult of s rovidontial punishment for his untwithfnlness to ifs sovereizn and country, and he could not die without the forrivensss of his Princoss for hia conduct vu the battle-feld, Xor Highness as sured him of her pardon so far as it lay In her power Lo gvo it, and the dylng man thon appeard o foel eany in his mind, aud nully ssnk into the atate of Insensibility in which I saw him, ¥rincess was much affected by the Ineident, FRANCE. AN IMPERIAL UCURSS, VEersAnLLzg, Nov. 25.—Tne Beuate has elect- ©d M, Grandperret, o Bonapartist, a lifc Bens- tor, . A BTATH BANQUET. Panis, Nov. 25.—A grand military dinner was given at tho Elyseo on Saturday. Rochebouet, L'Admirault, Degealin, and other Generals wers present, ‘Tho Monlteur atates that, at tho re- coption which followed the dinner, President MacMahon repuatedly declared in favor of & pollcy of resistance, saylng the Chamber had replied to hils concilintory overtures by a violent declaration of war, Any concesslon now on his part would bo tautamount t capttulstion. Daty, | diguity, and honor required hin to resuino the cowbat of reststance. * IN COUNOIL, Presidont MacMabon, In Cabinot Councll this morning, expressed; similar resolutions, but was declded on the point that the Mintsters should contiuuo to attend the sittings of the Comber, Itis beliuved the Senate may pus sibly bo summoned to doclde whother Sature day's voto of the Chamber of Doputles was con- stitutional. The Qovernment belleves the vols wasin cootravention of the provislon of the Coustitution which allows tho Presidont te sclect Minfsters who are not Members of ths Chambers, 1t s roported thst cither the Right or tho Ministry will to-tnorrow gak the Chamber of Doputics to vote the budgot. INVOOATION TO TYRANNY, The Pays exhortsa President MacMahon to continue ' tho .strusgle with vigor, It says: “There s & rumor current of insurrection ?aulufi from the gutters of a certain largo JOW I, RN, GRANT will not go to 8paln, Ho leaves Paris this wees for Lyous, Mursollles, Nice, aud Villa Fraucs. Frow the latter port e will proceed to Atheus and Constantluople, The Guncral has wyitten a letter to a comuwittee of the Frauco-American Union expressing warm approval of the dtatus of Liberty, both on account uf Its artistic beauty aud as a boble expression of the amity uultiog the two nationg. M. Laboulaye has replicd in the most. ternu, GREAT BRITAIN, AN AWPUL GALE, Lonpox, Nov. 9.—A fearful galo rsged around the British Isles Baturday night. Thirty vesscls are ashore between Ramagste and Dealy sud many lives aro reported lost, A THIPLE JBALOUS, Tho Standard anuounces that tho acquisition 0f harbor and coaling station in the Ssndwich Islands having greatly increased the fufluenco of the United Btates in the Psclic, it bas bLeen cousidered advisable that a British wman-of-war shall always be detached to represent the Briv Ish tlag near these lslands, THE ANTI-CHINESE, - 8Ax Fuancisco, Nov. 25.—At a meetiog of workingnuen, last night, under the susplces of Agitators Kearuey, Knlght, and thelr assoclatcs, 1t wasstated by Kearney that he had telegral to Prestdent Haycs to the effect that the works tugwen bad banded themaselves together to ree alst, peaceably if they can, forcibly if they mtst, the further immigration. of the Chinves; that the spplication ul the Clinese 8lx Companies for 1nliitary protection on sccount of the intendod “Phavksgiviog parado wus ridiculous and fu- igent, o tho dewonstration was 10 bo peare- ui and orderly ; that the workiozmon bad good ruasons to appeal to the Gencral Governmeok from the mmachivations of the Chinese s nles, the capituliaty, and toe city otticals, but would ask nothing of the kind; that they aré Auerlcau citizeas, kuow thele Hghts, sud dare wud will muintaiv thew.

Other pages from this issue: