Chicago Daily Tribune Newspaper, December 1, 1877, Page 4

Hedalni: SATUL 1Y, DICEM STT—TWLLVE PAGES. ] THE CiliCAGO = have joined in anbmitting an * nnanimous ” | both gold nnd silver na n legal-tender. Thia @f c 41' %'huxxlc report adverso to the confirmation of | disposes of tho only really substautial ob- e # | tho President’s nominees for Collector and Jection to remonetizing silver. The speen- Navnl Officer at New York. Tho other Democratic members of the Committea were not in attendance nt the meoting yestorday,— TE M8 OF SURSCRIPTION. TY MAI—IN ADVANCE—POSTAGR PREPAID. £ ] 1;.00 Mr. Raxsox, becanso ho was sick; Mr. Rax- b G notrn, beenuse ho did not get his notice in e o $:80 | timo; and Gen. Gonvoy, becanse ho recoived sively. ToWeekly, one 543 | no notice at all, They are understood to favor the nominations, and, if the matter is reached at all beforo the oloss of the extra nession, they will be heard from in the open Sennto, A very large number of Domocrats will join them in sustaining the President in his efforta to improve the Civil Service, and, with tho assistance of much of the Repnblican Scnators 8s are similarly disposed, may yot be able to confirm the nominations, One copy, per year. Cinb of four..... FRrecimen coples sent fre (lve Post-Ofhce address in foll, tncinding Blateand County, RNemittances may be made efther by draft, express, Fost-Office order, or In registered lettern, at our tisk. TERMS TO CITY SUNSCRIDERS. Tally, delivered, Funday excepted, 23 centa per week. Diatly, deityered, Sunday Included, 20 cents ner week. Adiren THE TRIDONE COMPANY, Lorner Madiron and Dearborn-sta., Chieago, il Orders for the deliveryof Tz TRnUXx st Kranston, Engleweod, and Hyde Park feft In the counting-room Wilirecetve brompt attention. ored upon an. other prolonged trial of physical endurance, and at 2 o'clock this moraing was still in aession. The Damocrats nre doing the dila- tory business this time, hoping for some for- tunate turn of events that shall enable them to prevont the seating of Krirosa, whosa caso is now nnder consideration, 8o long as they can supply the words and wind the debate must proceed, but tho prospect that Kerzooe will in the end be aworn in befors any other contest is taken up roems to be negured. Parrenson delivered an clabornto set speach in reply to thoe severe strictures passed upon his course by Mr. Epwuxps. The speech differs so widely in finish aud goneral character from the one he delivered in the Senate last Mondayas to sug- gest the Inference that a cloverer brain than Parrenson's conceived it. Othor Democrats talked agninst time, but to no purpose; no new converts were to be gained. A motion to recommit the Kx11.000 caso was lost by a tio vote,~29 to 29,~the Vice-Prosidont do- clining to exercise his prerogative, na the motion wns lost by tho failure to roceiva a majority of affirmntive votes. At 2 8. m. the motion to concur in the re. port of the Committes on Privileges and Elections nad awnrd tho sest to Kerroaos was, brought to a vote, and was carried—30 yous and 28 nays. Senator Davis, of Illinols, voted with the Democrats, and Benators Covoven, of Florids, and Parrensox, of uth Carolina, with the Republicans, AMUSEME! < McVieker's Thentre, Mndleon street, between State snd Dearborn. 'Lillian, or Woman's Last Love,” Mesdames Don, Etoncall, etc.; Mewrs. Wheelock, Learock, etc, Aftar ‘woon and eventng. Hooley’s Thentre, Tandolph street, between Clark and LaSalte, *Btrock Ol1." Mcsdsmes Moore, 8mith, etc. | Messrs, Moore, Bulllvan, etc. Afternoon and evenlng, Government. tinverly’s Thentre. Monroe sireet, corner of earborn, **The Danites," Mesdamen Dianchard, Goldthwalte, ete. s Messrs, Ran- kin, Aldrich, etc. Afterncon and evening. Colisenm Novelty Theatre. Clark street, between Randolph and Washington. ‘Varlety performance, : The Tabernacle, Monror street, between Market and Franklin, Cone cert by the Kellogg-Cary Combination at2p. m. B SATURDAY, DECEMBER 1, 1877. wren that paper says: CHICAGO MARKET SUMMARY, The Chicazo produce markets were activo yes- terday, and mostly easler, Mess pork closed 5@10¢ per brl lower, at 811,60 for December and 811,824 @11,85 for danoary. Lard closed steady, st $7.771¢ 7.80 for December and $7.80@7.82% for January, Meats were easler, at 4Nc for boxed shoulders and 6'¢c for do short ribs. Whisky was anoted at $1.00per gallon. Flour was dull. Wheat closed 1c Jower, at §1.00%% for December and £1.07% for January. Corn closed firm, st 50e for Novem- berand 424,¢ for December. Oats closed X@Y%c lowe:, at 244,@24Nc for Decamber and 245@ 24%c for Jannary, Rye was ateady, at 55%4¢c. Bar- ley closed 1c lower, at 80%e for Docember and 01c for Janusry. llozs were quiet, and closed Be American lower, at $4,25@4.33 for pnckers, Cattle were SILVER AND RESUMPTION. shipbuilding, both iron tnd wooden, was | A.—No, in good demand and were firm, twith sales at $2,00 7 Tho Presidont’s position on the question of | yazed ont of existonco, and is now practical- Q.—Why? @ Sheep were dull and unchanged. Wheat i i i olght st Saturday, 12,800,000 bus do cornd | ¢ Dill now pending in Congress to reposl | jy prolibited by the tariff. This tarlf was that part of the Resumption act which fixes the first of Jaunary, 1879, for the resumption of greonbacks can hardly be mistaken. He opposes any change in the legislation which hins been had to promota the return tospecie payments and specie valies, and it is reason- able to suppose that if tho bill ba passed at this timo he will not approve it. The Resumption Inw was passed in Feb- rary, 1875, Thirteen months yet interveno beforo tho law has to be exccuted. During at least holf that fima Congress will be in scasion, and can, if the circumatances shall indicate tha necessity, tako nction hereafter 88 well a5 now. The Resumption law, as the caso now stands, provides that in Jan- uary, 1879, and therenfter the Becrotary of the Treasury shall redeem ' tho greenbacks in gold coin, At presont thin is o confossed impossibility, How will it bo more possible ayenr hence? At this time thero is a fierce strugglo going on in Europe to obtain and rotain the possession of gold. Eogland is resorting. to every expediont to retain the gold held in tho Benk of England, and is threatened on overy sile. The old practice of raising tho rates of discount on commer- cinl paper in order to attract gold to London has not met with the ordinary success. Ger- ‘many s in tho market of:ring a largn pre. mium for gold. Holland has Iajl an embar- €0 on gold in that State, and Frauce, with a silver legal-tender for all currency purposes, continues to accumulate and hoard gold. Ttusain is prospectively sceking a large loan ; while to 0dd to the firmness of the gold mar. ket is tho expoctation that the Unitell States will during the coming year bo an npplicant for the $200,000,000 to £300,000,000 with /whmh to resume payments in gold. Under this condition of circumstances, resumption in gold—Iinvolving a genoral establishment of gold values—means n goneral deprociation of tho values of all other property, and the deprecintion will bo equol to the great addi- tional value of gold with a large margin for {luctuntions. Of nocessity, forced rosump- tion in gold, with gold at largo premium, means general bankruptoy and practical confiscation of all property on which debts aro due. Wo think it sate, therefore, to say that at this time it is evidently impossible for tho Becretary of the Treasury to redesm the greenbacks in gold, and, o far aa the condition of the gold market affords any in. dication, it will be na impossible for him to cgin and malntain gold payments a year hence as now. There is, however, a prospect of relief af. orded in the pending measure to remonetize the ailver dollar, The demonetization of silver in the United Btatos adds largely to the strength of the gold market in Europe, The fact that the Government, which owes $2,000,000,000 of debt, with the country owing a municipal, corporate, and other debt amounting to $1,000,000,000, all payable by contract in ailver, has deliberate- Iy discarded silver and undertaken to make gold the exclusive legal-tender coin, and has done this with only a comparatively small s of gold on hand, has contributed largely to build up aod maintain the corner in gold. ‘To vemonetize silver, and make ils coln- age uulimited, will remove *the United States from the list of competing ap- plicants for gold, and will do much to broak that corner, At least it will have the effuct of relieving this conntry from the stringency which prevails in the gold market in otber countries. It will do more than this : It will have the efect of so advancing silver bullion that bofore there cau be $50,- 000,000 of tho silver dollars coined the valuo of the silver dollars will be at par with gold. Then the scarcity of metallic mouey pro- duced by the demonetization of silver will exist no longer. The whole -stock of silver, whether colned or uncolned, will be again i circulution and avallable in all of the world as money. Gold. will lose it estraordinary value, and the resumplion of specie payments by the Gpvernment, by the banks, and by the country generally, may be accom. plished without that ruin, disastor, and gen- ersl revolution of property values whish will be inevitable in case resumption is at- tempted in gold. The remonetization of silver sy make resnmption a year hence posalble, and therefore obviate the passage of the ropealing bill, but the defeat of the Silyer bill will not only render resumption utterly impossible, bat, should the Resump- tion law be mot repealed, will subjeot the Government and the country to the Lhumilia- tion, disgrace, and loss of making the at- 5,000 bu. In tragelt from Western I romo date, 4,100,000 bu wheat a 415,000 bu corn, Inspected into stors thin city yesterdny moeming: 300 cars wheat, 4 care corn, 47 cars oats, 13 cars rye, and 46 barley. Total (843 cars), 320,000 bu. One hng- dred dollara in gold would buy $103.00 n grech- backs at the close, - ——— Groenbacks at tho New York Stock Ex. chango yestorday closed at 974, e Unless,the Benato takes definite nctionito thé contrary, which is exeeedingly impro! ble, Gen. Hanrax will be an Associata Ju! ticoof the Suprome Court next Monday! His nomination hns alrendy been confirmed, snd a motion to roconsider the vote of con., firmation is now pending. If the Iatte motion shonld receive no further attentio: the confirmation would romain complel ‘There is no likeliiood whatever that Senate will roverse its decision in the matt TFnank Ranox's trinl 11 ot Galesburg, and counsol assigned by Court to defend him. He couats upon ps- - *po from’ conviction by the jury through somo legal technicality, but he evident] does mot count upon the result of his tri before that other and more terribla tribun, ‘n which tochuical quibbles go for nothing, nd whero a suversedeas fails to supersedo, His counsel will hardly caro to face the pop- alar fury which wonld bo evoked by an spplication for a change of venno from Knox County, and there is an excellent prospect ihat the method of his execation will be ‘ormal and regular, * T T — The distinguishied golaxy of statesmen and incorruptible patriots which helps to meko the CoNrLING group in the Committes ou Commerce, including Mr. Seexces, of i Alabama, and Mr. Patressox, of South Car. olina, has achieved a brilliant corrnacation in tha matter of the Chicago Collectorship by returning ‘o the Sonate without recommend-, stion the nomination of Mr., Wiru Hrxnx Burri. This Jeaves the Benate, b, tha graco of Coxkrivg, free to exereiso its’ own discretion in tho premises, though the \ction of the Committeo was no doubt in- tended as an affrout to the Prosident, as the nominee is ope of his nearest personal friends, porta of othor nations, e ——— Al that has Litherto been developed and glven to the world through the columns of tho presa of this city, and much more of the sama sort subsequently. gleaned, relative to that rotten {nstitution known as the Pro- tection Life-Insurance Company, is glven in tha report of Receiver Cooxe, which is print. ¢d this morning. In view of this remarkable exposuro of fraud, swindling, and varjury It §s not surprising that severalof the officers of the: Company should now bo nnder in. diciment for their crimos, and the thousands who havo been chonted and wronged through their rascally administration of affairs will not rest content until the full measure of rotributivo justics has been moted ont to the scoundrels, C————— The County Bonrd has cossed to oxist, and the taxpayers broatho egain, The closing financiul performance of tho crowd was emi. nently charactoristic. In the per diom and mileago accounts which the Commissichers voted themselves thero is, witly the exception of that of Commissioner Semvs, not single honest itam. Not a man smony them has performed the service for which he has voted himself compensation, not to spoak of the toms of *‘oxpenses”; not & ynan has put in seventy-oight full days for the banefit of the sounty during the thirteen weeks compris. lig the last quarter; probably in no case has half of his time Leen devoted to county business. Commissionor Biixz bas charged but $2,50 per day for his work, while all the rest bave grabbed their pay at double this rate, MoUarraey pooketing €5 for eachof the twenty-threo days which ko devoted exclu. sively toglefending himself ngeinat an jndict- ment for robbing the taxpayers. This sys- tem of petty larceny ought to die out with the old Ring, aud an era of square dealing which begios at home should be inaugurated by tho new Board. —— - It trauvspires that the Administration has but one friend among the Republican mem burw of the Senate Committes on Commerce, ~—D3Ir. Burnstoz, of RbodoIslaud ; while A Conxrang has suoceeded in eurolling und his banuer of hate and far the rescus of th “machine"” Mr. MoMiiraxn, of Mingesots, Mr. Beexces, of Alabams, aud Mr. Parrea- 0%, of South Carolins. These four, to- (}tempt aud tailing disastroualy, gother with Mr, Drywis, of Maryland, & The President apnounces that he is op- Democrat, who paired with Gen. Busuawe, § posed to the singlo standard and in favor of Let us try it. A.—The silver'dollar, Q.—Its weight? grains, aine-tenths purs gold. values. from the people, s 0 asta, ollar? Llar. A.—No. Q—Why? Intion na to impairing the dobt obligntions or discrediting the publio honor are purely visionary, and invented and suggested by those who differ from the President and in- sist upon having a gold currency exclu. As the year progresses, Congress will be able to judge mors dofinitely as to tho matter of resumption. Bhould, howover, the Silver bill bo defented by Execntive interposition (which we do not think is likely), then Con- gress will adjonrn next snummer and tako the verdict of the people at the clection for Rep- resentativos and for members of the Legislatures who will have to clect Sona- tors. That verdict will Le so cmphatis, s0 carnost, and go general, that from it there will bo no appeal. It will awoep into obliv- fon thoss in Congress who mny have ro. sisted the monetization -of silver, ard vindi- cato the power of the poople, acting in the clection of Ropresentativen, to have their will executed by all tho departments of the THE EAST AND THE WEST. The Intest instanco of sectional malignity is oxhibited by the New York Herald. Inan obituary notico of tho late Moses H. Gmix. To traco the history of the honse of GnixyELL, Mistunx & Co. would be a long chapter, in 1841 the business was at 78 South strect, where tho same slen may be scen to-day. Thelr ships grew in number untl they wero acen in overy sca, Our #hipping was & grest Interest in those days. 1t had not been ruined by the bad leglslation of Western Cougressmen who had never scen a shlp, The destruction of Amcrican shipbuilding was' tho result of the Amorican tariff, and tho rovival of Amorican shipbuilding is now provented by the American tariff. Mr, Gax- NELL, when in politics, was o Whig of the old school, whose favorite policy was tha “ American Systom,” or high protection. ehipbuilding progressed so gloriously under the low tariff running from 1816 to 1860 that not only was our merchant marine American built, but American vessols were bnilt and for sale and found ready customers in oll parts of Etrope. When k Now England, and New York, nnd Pennsyl- vanin became the majority in Congress, aud establishied the protective system, American enacted not by Western members of Con- gress, but by the Congressmen from New Eugloud, Ponnsylvania, Now York, Dela- waro, New Jorsey, aud Maryland, with some scattering votes from the old Whig associntes of Mr. Guiwwenn who had gpt into Congress from some of tho Western States. Mr. Morniwt, of Vermont, may or mny not have over soen a ship, but he is not a Westorn member of Congress. Mr, W, D, Kzurry, of Philadelphin, is not a Weslorn Congressman. The ropresontatives of the great enlt intorest of New York voted solidly for the highest possible tariff, in order to have their special product protected. We believe thers was a man living somowhere in Now York who raised an nnnual crop of ** teasles,” and, in order to have bhis product protected, New York voted almost eolidly to tax shipbuilding ont of existence. Down in Connecticat and Rbode Island there wore several corset nnd hoop-skirt manufacturors, aud many monufacturers of shoe-atrings, various mills for turning out nutmegs, while Vermont had her capital deeply invested in the product of slate-pencila; New Jersoy produced tho American flag.root, while Massachusetta mado the flags themselves. All these interesta wora combined to ¢ pro- tect"” ench other against tho pauper labor of tho world. 8o they enacted a tariff which crushed shipbuilding out of existenco, and has suppressed it evor since. In all this sixtecn years of public robbery, wholesalo plunder, and scandalous jobbing aud schoming, ‘‘the Western members of Congress who had*never scen a ship™ had no part except to make unavailing protests. When that* bold navigator, Secrotary Bout- WELL, was in office, he proposed to revive shipbnilding, not by romoving the tariff, but by pnying bountios out of the National Treasury to whoever would build and eail an American ship, Iad the merchants of Now York given their afd to the Westerh members of Congross who never saw o ship in efforts to repeal overy vestige of protection in the tariff, there would have long since been o revival of shipbuilding, and American ves- sels bearing the Awerican flag would not now be strangors on the high seas and in the FINANCIAL CATECHISX, The Hartford Courant has adopted the style of the catechism as a moans for get- ting its financial creed before the people; naturally, the financial catechism is as dog- matio aa the religious oatechism, but as the catochisms of different Churches reach dif- ferent conclusions with equal conviction, so the advantages of the double metal standard |+ nioy be et forth by this method as conclu sively as the Courant thinks it has demon- strated the justice of an exclusive gold coln. Q.—What was the American coinatandard ? A.—Four hundred and twelve and one-half Q.—What was the gold eqtiivalent? A.—Twonty-five and eight-tenths grains, Q.~-The relative value? A.—Sixteen ounces of ailver to ona of gol Q.—How long had the silver dollar been the unit of American values? A.—For more than cighty yeara, Q.—When was it demonetized ? A.—In 1873and 1874, first by droppiog the" silver dollar from the list of coins in rovis- ing thS laws relative to the mints, and sec- ond by making the gold dollar the unif of Q—How was this change accomplishied ? A.~Stealthily and frauduleatly, by with- lding the know]edge of the transaction ling disoussions, and de- ceiving even the Preaident and many of the Congrossmen who voted for the change y concealing the real purpose and effect of Q.—What was the purpose? A.—To give tho creditor class the right to exact payment in a singlo coin which would have s greater valua by reason of the exclu- sion of its mate from wmonetary service, Q.—What is the present value of the silver A.—There is no silver dollar, Q—What is the present valus in gold of amouat of bullion which would con- titute the silver dollar if remonstized ? A.—Between 93 and 93 cents of the gold Q—Will it not be unjust, then, to restors 0 silver dollar at this ratio of values? tion, A,—No. as gold, sively. dispute ? payments, gold? fashion: Q.—Why? A.—Becausa the groat bulk of the presont debta wore contracted ot o timo and in a car- rency whon the creditors losned only about 80 or 85 conts in gold, and expected to be paidin the samo currency, They will nop be swindled if thoy receive irom 10 to 15 per cent more than thoy loaned, over and above the interest. Q.—Does this apply to tbe public credit. ors, tho holders of the Govgmmcnh bonds? A.—Ouly in part. Q.—'Then, will not the publie creditors be defrauded by payment in siver? A.—Certalnly, Q.—And is not this differonce & grave ob. Jection to its restorntion to money uses? A.—Bome objection, but not very grave, and certainly not fatal. Q.~Why not? A.—Because the great commerce of the world is transacted in checks, bills of ox. change, etc., and theso warlous certificates ara no more inconvenlent whon they ropre. scnt silver than when they represont gold, Q.—Then wheroin is the objection to the remonetization of ailver? A.—Ouly o tho addled pates of those who have not the bralus to analyzo the situation and estimata the relief romonetization will afford, and in the inordinate greed of the Bhylocks, who are not satisfied with roceiving what they loaned and agreed to take, but want as much more as they can got, tloa, to elect a Senator. A.—Becnusa tho monatary mao of silver will enhanco its value ? Q.—What lends to this conclusion ? A.—Becanso it was the domonatization of silver in Germany, Holland, and the United States at about the snmo time which throw between $200,000,000 and 300,000,000 of silvor bullion on the market and brought on the depteciation, Q.—Will the remonetization of silver in the United States give monetary employment to a8 much silver as was thrown out of use by the German demonetization ? A.—Ultimately, just abont amonnt, and thus restore the equilibrium. Q.—\hy not increase the weight of the silver dollar, say from 10 to 16} to 1, in order to Insure justice? A.—Becanse auch an increaso, in addition to the new value acquired by tho use of sil- vor a8 monoy, wonld rendor the silver dollar mors valuable than the gold dollar, and this, wonld drive the silver dpllar ont of circula- Q.—DBut snppose the silver dollar, oven at tha rate of 16 to 1, shonld still become mors valuable than the ggld dollar ? A.—Then it would lead to an agreement with other nations nsing silver ns money to fix the ratio at 35} to 1 the world over,-the ratio now provailing in tho Latin Union, Q.—Would this insura n permanent equal. ization of the two metals ns money? A.—~With the coneurrence of all the lead- ing commeroial nations of. the world, it cer- tainly wonld. Q.—But, in the ovent that theso prognos. tications fail, and the silver dollar shail not be worth more than 93 cents, will not an injusatica be dono the creditor? A.—DBeoauso Congress pledged tho faith of the nation, and the bonds expressly stipn. late, payment, not in gold, but **in coin of the standard valuo of the United States on July 14, 1870,” which included silver as woll Q.—Did the foreign purchasers of tho bonds so understand it ? A.—Undoubtedly; olso they would not have bestirred themselves so vigorously to briug about the demonctization of ono metal, and thus enhanco thoe value of their credits by making them payable in the other exclu. Q.—Whoroln, then, consista the swindle which is so generally charged In this silver A.—In the original and surreptitious de. monetization schems, which sought to con- tract the coin currency in the intorest of the money-lenders. Q.—What effeot will the romonetization of silvor havo on resumption ? A.—It will hoaton resumption by adding hundreds of millions to the coin resources of the nation. Q.—Will the failure to remonetize silver rotard resumption? A.—Indefinitely, Q.—Why? A.—Bocause tho nation cannot command sufficiont gold coin in which to resume specio Q,—1Is not silver much moro bulky than Benator Hoan's opigrammatioc statement of the BuTren case in answer to Den Hiuvr's eulogy of Burrzn's sucestry was: * The issue is not what blood is in Burren's volns, but whatisupon his bands.” This view of the matter sertainly ought to cut some figuro, but thers is still another which should bear considerable weight with all the lawyersin the Benate. Wo refor to the legal aspeot of the caso, which was recently stated by Olnclonati Gazells in the following succinot ‘Thers were in the Ilonsa fifty-nine Republicans and ffty-seven Democrats, with no mombers from Edgefteld and Laurens CountlesY—the State Can- vassers having refused to recognize the legality of tha election thers. Tho Benate stood eightuen lta. vublicans and thirteen Democrats, crats, falling to control the orzaniziug of the House, scceded. The entire Benate mct tho Ite- publicans of the Ilouse Dee. 12, in jolnt conven- Connix recolved the en- tira Republican vate of both Houses, the Demo- crats voting for Gany. The outside Demoeratic members held & form of election, and voted for Buriss, On tho 19th twelve Democrata of the Beuato joined them. They had admitted persons without any certiicates to represcnt Edgefold and Lagrens. With these they prelonded to elect Bur- tEn Scoator, He received of this mixed lot G4 voles. Eight of those had no form of legality, and if this had beana logal Legialature 70 wonld ba required to elect. ‘Thus In no view whatever was ButLam elected Senator. Thiok of ex-Justice Davis voting to admlit 8 porson on such 8 protext! But it is by no.means certain that ex. Justice Davis will vote to seat Borixn, His significant inquirios, pending the parlia. mentary struggle, s to the effect of his votes on the preliminary issuea soemed to indicate that he was not ready to vole for Burrzs on the final question of admission. Judge Davis undoubtedly desires to vote with the Democrats, but he will probably besitate to stultify himself a3 8 lawyer in order to carry out thisgeneral desigu. It is probably some misgiving a3 to Davis' final vote on the South Carolina vacanoy that has indueed the Democrats to seck delay during the last two or three days, for thoy were suro of Parrzs- sox and Coxovxs for BurLxa. — Mr. Jouy Uxpzawoob, of Muscative, Ia., had a letter insested in Tus TRiBUNE not long since, charging those who advocated rewmonetiz- fog silver as dishonest, repudistionists, whin- ers, fraudulent debtors trylog to cbeat their creditors,*and more to the same effect. Mr. S AxtoN10,” of Muscating, replied in a brief commuulcation, saying, among otber things. the same * Republiean song (rondered with grest anguish The Demo. that n ron of Mr, U, followed the business of Inaning money to lowa farmers ot 10 per cont per annum for Fastern capitatiste, with 5 per cent eommirsion tor himscll, Me. F. L. Un- DERWOOD sends us his card-clrcular, which rends: “Cheap money—We nre now loaning nivney on five years’ thne at 8 per cent interest, and charge a reasonable cominission to horrow- ers for our services.” . From this Itappears that *ANTONIO " has oyerstated the rato of interest, and perhaps also the charge for commission. e i FOREIGN. Mehemet Ali Declares His Inability to Relieve Plevna. It 'ts bonsted tnat the Treasury has scenmu. lated considernble gold in vreparation for re- sumption. The subscriptions reccived for the 4 per cent bonds of 1007 were $75,406,550. The amount of the calls for the 6 per cent 5-20 bonda le 850,000,000, learing a balance on ac- count of the Resumption act of 825,400,660, No more 4 per cent bonds ean ba sold:” none ligre becn sold since September last, and no inore are likely to bo sold unless they are made to hear higher Interest. Tt is doubtful whcther £50,000,000 of 5 per cents could bo sold for gold,~tie gold to be locked up In the Treasury until Jan. 1, 1879, While the day fixed for re- sumption is only thirteon months off, the prep- aration for redemption of nutes is.of tho most trifiing description. e t——— Planging ita thumb tnto the ple of history, the Now York Tvibune extracts the following plum : 1t 18 proper to ramember. In conpection with re- cent eventa in the Hcnate, that this Mr, donx Jf. TATTRURON, Whone trenchery tohin party i making #o much stir, did not take his place in the Renato withont protest or opposition, The facts con- nected with hia purchase of the scat wero notorions 25 Tl thme bI’ hin clection. The. Zysfane repent- edlr catied the attentlon of theSensta to them, and nrotested, e well out of recant for the repatation of that body {tsalf na from a scaso of public decen- cy, naalnat his belne admitted without an investi. fatlon. Dutthe Ttepublican managers had theh only denunclation of newspaper Interference for sagyostions of thiat charactor. and paid no heed to cutside protesta. They took him In. tensted him, defended him. gave him good positions on commit. tees, and troated him like an honest min, thongh Great Efforts Being Made in Constantinople to Rein- force Him, Two Italian Vessels Seized by the Turks in the Bosphorus, Italy 'fhreatans Extreme Measures if They Are Not Released. Fears of Scrious Uprigings in Soveral of the Greek Provinces. The Republican Proposition to MacMahon Still Under Consideration. They Desire to Havo the Power of 1] the time thoy knew I ¢ Dissoluti o da I whISR faey somes the wina he erop olation Considersbly is coming In now. Abridged. —————— B The New York Tritune publishes this state- ment: THE WAR. ‘T'ho business of refnnding procecded satisfac. forily, and arrangements had ‘been perfected for,) the continnance of ihe sale of thoe 4 per cent bonds, and a call was abont to bo made, when fears of tho effect of tho proposed legirlation hy Con- gress remonet(zing sllver aerested for the time tho salo of thess bands, and caused & temporary vostponement. Vith some people there {a nothing easter than 1sing. That paper very well knows that the salo of the 4 per cent bonds had ceased soma Uimo before the extra seeslon was commenced, Tho 4 per cents were hawked about in Wall Bureot at 88@00 for months before the meoting of Congress, and the Government could not scll a single bond at par. g BOTHIA TIREATENED, Loxpoy, Dece. 1—5 a. m.~There fs great panie in Boplila, and the fnhabitants are flecing. It is feared the Russians may cut the road be- tween Sopbia and Tatar-Bazardjik. Mehemet All has notifled the War Offico that he cannot attempt to relicvo Plevna unless strongly roinforced. Urcat efforts are belog made to refnforce him. CRBVEET PASTIA 1s under arrest and will bo court-marilsled for not attempting to take Teliche, RNZEROUM, The Russions are ra’:ing works sgainst the forts of Erzeroum, and bullding barracks for ————— That sccomplished law-maker, Smarow, of | tho troops, Novada, 1s credited By the 'Frisco Chronlele with p the following dispatch to the Becrotary of the Scoato: Ueorge C. Gorham, Senafe Chamber: T have threo hundred tons of ‘sllver bricks waiting for the passago of tno Sllvor bill, and | am englnoering muimmenu in Ophir stoek, ' The Eenlwsmny g: to =1 IIATION, * ‘The fact that tho Upper House has manifest- cd an inclinatlon to avall itself of the permission granted searcely excuses S1ARON'S Impuderco or negloct of bis business. 1IN CONSTANTINOPLE, - _ Great oxcltement prevails {n Stamboul on ac- count of the calling out of the resorves, and disturbances are expected. All servanta of the palace bave heen armed with revolvers, There arc great differences of oplalon among the Min- isters aa to tho expediency of making proposals for peaco, but at preseut (Wednesday) the war party prevaila, UPRISING FEARED. A Pera correspondent tclegraphs: Thero 1s much anxicty hero about a possible combined movement of Servians, Montenegring, and Greeks. Risings are apprehended In Epirus, ‘Thessaly, and Albania. The Greels have seut a strong note to the Parte coucerning their griovances, ‘the Porte bas replicd that it 18 Inclined to meot tho daoger half way, by sonding. both the Servian and Greck repre- sentatives tholr passports, As the noto is ovi- deotly ntended to provoke an ongry reply, ‘which could be used as a protexe for a rupturs at a favorable opportunity, tho situation Is ALTOGETUER VERY CRITICAL. A Bolzrade correspondent says thero {8 & rit- mor current that the Porte lias offcred, through the mediation of England, to cedo old Sorvia to Bervia and Epirus to Ureoce, If they will re- main neutral. 5 TURKEY AND ITALY. Loxpox, Dec. 15 a. m.—A Constantinopis correspondent sends the followlng: The Turks having solzed two Itallan vessels T the Bos- phorus, although they had passcd the Llock- .ade in tho Black Bea, Count Cort!, Italian Am- bassador, hos formally declured that I they are not releascd be will oroclatm the blockade laeflectual, and Invite the Italion ship-owners to sund vessels into tho Dlack Bca. e has also declared that f the Porte {nslsta on maintaining an insufclent Dblockade 1taly will reeort to extrome measures, Un- less the Porto’ yields there will be arupture with Italy, Neverthcless, It scems probablo that the veasels will bo declared Jawful prizes. At tho New York baby show arrangements have beon mado by the management for feeding the mothers, who dally st down to a tempting blll of fare composed of milk, in pitchors; pumpkin ple; milk in glasses; apple ple; milk tuast; bread and milk; rice and milk; cold roast beel; milk, in cups; mince ple; milk, in bottles; cold sltced ham, fresh milk; condensed milk; oatmeal and mitk, ——— ‘The researches of the acientists havo supplied facts and dotalls voncerning many matters which were proviously understood only in a general and very {mperfect way, In a paragraph now golng the rounds of the papors the famillar quotation, “Inmy Father's house arc many mansfons, is Improved and elaborated so as to read: *Providenco has 2,000 ompty houses. ————— In seclecting tho Opera-tlouss at Galesburg for the trial of FrRANK RANDE the authoritics have. taken a step in tho right direction, It only remains to charge a small admisslon feo to reticve the county of the expenso of tho prose- cution and make the cxccution self-supporting. CoxLY flnds that in tho Sandwich Islands wood is 820 a cord, and ho has to split ft him- sclf, Thisls a little hard when wo reflect that ordinarily the heaveat functlon of the diplomat {s tho splittiog of halrs. Ono end of it may be hereafter called the ox- tremo Weatern pollcy. Ilayss has conclifated tho California actor, Joux McCuLroua,by dis- playleg a phenomenal knowledge of SuAx- BrBARE, f aERVLA, Vienxi, Nov, 80,.—A Bolgrade special denies that there has been any conflict between the ‘Turks and Bervians at Vratarnitza., QERMANY, AUSTRIA, AND RUSSIA. Loxpon, Dee. 1.—A correspondent at Berlin telegrapha: * There scems to bo no doubt that the German Government has® endeavored to obtain Austrla’s acquicscencs in the Russian plan of direct . mnegotlations with Turkey by promlsing her friendly suppogt I any of Austria’s vital iInterests are fmpented.” A Vienna correspondent savs: “It {s sn- nounced from Bucharist that a general bombard- ment of Plevna recommenced Thursday, It truo this scoms to point to tho sbundonment of a hope of starving out Osman Pasha." —— ’ PRANCE. MACMANON STILL OBSTINATE. Lowoox, Dec. 1.—A Paris correspondent teJe- graphs at midnight as followa: ‘¢ Prosident MacMahon has not yet summoned any member of the majority of tho Chamber or of the Lib- cral party in the Benato to the Elyses. It is bo- lleved that he fs more than ever calcu- Iatiog the chances of & fresh dis- solution, fe has no. idea of resigniug. Full reports of the President'’s in- terviews with the Duke D'Audiffret Pasquler and M, Jules Grevy ars published. Every time M. Grovy endeavored to . convines tho Marshal that he ought ‘to take Ministry from the Left, he ‘L should prefer to resignl’ He had fnformation leading him to. belleve that & second dissolution would result in a conserva- tive majority. Duke D'Audiffret Pasquier as- sured the Marshal positively that the Orleanist Scoatdrs would not vote for s second dissolu- ton TOR CRISIE. Parg, Nov, 80.—Viscount D'Harcourt, in the course of hia remarks to the delegates of the Trades Councils, who walted upon the Presl- dent for the purpose of Iaducing him to avert tha threatened couflict between the powers of the Btate, suggested that they use thelrin- influence with the Deputies with a viow of effecting » reconciliation with the President. e d ted theldea of convokiog & Covgress clalohonl 'i‘fc;wa to solve the crisls, % 2 o8 Pans, Nov. W—Up o this hour (6p. m.) 'an1s, Nov. 80.— 0 D. m, Pmld?u'; MacMahon has not summoned auy one to tus Elysce with a view to the formation of another Cabinet. TUS KEPUBLICAN PEOPOSITION, Lonpoy, Nov, 80.—A Paris dispatch says, ac- cording to lutelligence from an autheuticsource,, negotiations for an arrangement of the crisis are’ tewmporarily at & standstill, Preeldent Mac- Mahon, after his interview with MAL, trevy and D'Audltret Pasquier coterday, cvinced & con- ciliatory diapositlon, but it was' thought expo- dient, befora proceeding further, to ascertaln what the Left demanded, ’l‘o-dn{ M. DS prescnted tho President the conditions insisted upon by Gambetts, namely: That the right of dissolution be -u))pmud or only exerclsed with the approval of a two-thirds majority of the Beuklu. ‘Tho Muarshal showed some lrrita- tou on heariug this demand, declaring it was out of the questlon. GREAT BRITAIN, LABOR STRIKES. Lownoy, Nov. 80.—A thousand cotton opera- tives at Messloy have struck, and a geueral strike {3 threatened If the proposed reduction ©f wages Is enforced. The, Buniley weavers ro- f Wo may now consider the Democratic slate for 1880 fully made up: For President, Joux J. Patranson, of South Carolina; for Vice-Prest- dent, Bimox Conovag, of Florida. What fs the objoction Lo lettingz a base-ball club have the Lako-Front? If the city {s anx- fous to sell out, no better slgn than s modern ball-match could be invented. | f Juat at present the Republicans Coxoven the Benato with uo little perturbation. Hols all right at present, but no man knoweth whata flop a day may bring forth, . Buanox's cxpectation that tho Benate will take his advice and * o to h—1," s pretty good evidenco that he proposes to retain his scat. | | As Mr. TiLDEN'S hopes for the Prestdency aro again dispelled, ho might profitably turn his at- tentlon to the Papacy. fi of spirit)}—* Ophlr Buaron| " —e—— PERSONAL., The last 8t. Lonis Grand Jury advised the restoration of the whipning-post. A. Oakoy Hull hopes to become managing editor of & New York morning jourual after the lecture-season Is over, The citizens of Montreal have tendered 8ir Aloxander Galt & public dinner in recognition of his emlnent services on the Flsherios Commis- slon, Geon. Obroutcheff has returned from his brilliant campalgu {n the Caucasus, and it fs pre- sumed he will soon take the place of Gen. Nepa- koftechitsky as Chlef of the Russian wiaff. The health of Gen. Nepo-ata, is greatly Impatrod Bishop Gilbert Haven. gallantly desoribes the Widow Van Cott as **fair to look upon, of large form, of full form, of small, delicste features, light, clear complexion, an oys of mejt- 1ng blue, with the polse and easo of & quesn of & drawing-room.* Eight seats out of twenty-four on the Boston School Committes are 1o bofiled at the ap- proaching election. Mlss Pesbody, one of the mombors of the present Bosrd, 1s a candidate for ro-olection, and Mlss Lucretia P. Uale, who failed of a re-clection last year, is agaln put forward. Miss Mary Anderson is going to Frauce next year to study her art. The Graphicsays: **Tho New York morulng press ought to be daly grateful to the conntry editors for taking the cor- Toct geuge of Mary Andorson, snd thereby saving the great metroplitan critica from making their usual mistake in segard tober,™ A correspondent of the New York Pres says that if any wan will draw breath guickly and deoply for the space of three minutes or less, he wili thereby lose acute sensibility to paln, so that he can enduré s minor surgical operation witbout inconvenlence. But the editor of the New York World has tried it and found that it doesn's work. % Gambetta 1 receiving sympathetio de- monstrations from sli pationalities. The finee im- posed upon biw by the press prosecution in Frauce bave boen paid by a sabscription of (bo English Libersls, The ¥rouch colony of Monteviaco has presontod bim with six magoificent horses of the Dela Plsta, Beatofull, an adwmiring fricad bas lafs him, it ls sald, & legacy of $2,000, 000, solvedd it were better to etriko than allow thy masters to glat the marhet by means of redue wa A reduction of the hours of Talioe gy cated by sume weavers 28 a remedy for the present trouble, THR QUREN PRTITIONED, Loxnos, Nov, cral hundred women, suffering n con c ol the stonraza of the fron works in the Forest of Dean Distriet, which belongs to the Crown, havo petitione] the Queen fur assistanice. THE POPEB AGAIN DYING. Loxnoy, Dec. 1.—A Rome correapondent saya: ‘It wasaoubtedat the Vatican whether the Tope will ever agaln move from his bed, 1% looks well when recumbent, but when an ay. tempt was made to dress him, it wae discovereq that he could not sit upright. A speclal Teporty that the Pope Is dylne."* MEXICO, AN INTERVIEW WITIl TIIR AGENT OP DIAz, Spertal Dispateh o Tha CAicuzo Tribune, New Yonx, Nov. 80.—The Sun's Wshington correspondent has Interviewed Zamacona to the following effect: Zamacona has the tall, sicnder figure of most Spantsh Americans, with & Iace more than half forehead, and fron-gray beard. e speaks English with slnguiar felict. ty and purity, In conversntion this evening, al. lusion was made to newspaper reports of hig arrival and purposes, ani hie sald, speaking con. tinuously tarough the greater part of the Inter. view: “I1 havo henrd somo remarkable renorts aboul my. coming, my mission, and my commission, Tlcre is no myatery abont. this. Twill tellyou why I am here. I have been for some time & resldent of your eountry, and [ was greatly Impresacd with the ignorance of tha two countrics about one another, capeclally ot the exhivition of chemical products. Ogr sul- phur, our marbles, some from iy own nativa Btate, which we have been exporting for o9 years, you pcople scemed to know nothing about, and, on our side, there are many things, particularly macbines, agricultural Implemen and houschold goods, which wo aught to buy; and . v YOU TWILL DR BURPRISED when I say that, while wo bhuy your houschold goods, cottons, and woolens, wo buy from En. glhh merchauts, who bring. them from New lork around to us, so that both Kepubiies are losers by thia thing, Ihave long felt that trade should bo fostorcd between the two countries, nod { took to the un{ of Mexico samples piven mo from Maasnchusctts factories cheaper than any {rom England, as you know.' amacona went on fo soeak of the fact that more trade cxists with the Bouth American Re. rllmk‘l than with Mexlo, in spiteof the fact haot, for instance, it had only taken five days to como from Vera Cruz to Washington, and he expressed o liove that Congress would look fa. Yorably upon steps to opan Lhis trade. He has been watching with futerest the Inquiry con- ducted by the House Committeo on Military Affairs fnto THE REAL CONDITION of things on the Mexican border, whoso dis orders Lo considers largely cxacgerated, YPre vious to teaving the Citv of Mcxlco Diaz ex. preased his intention of making such dlsposition of troups on the Rlo Grande s would obvlate further trouble, and the recent dispatch of g strong foree of veteran troops to this quarter Zamacona looked on as a step {n carrylng out this policy, Dlaz felt there was great necd that, 03 far as possible, public senthment should ta enlightened in this country, and our markets make known. 1B UNGED ME TO COMB, carlior than I had fntended, to catablish my son in tuis Mexican trade, and ho made me conflden- tial agent of my Government,~not a Minlster, only friend and confidential agent. Iam hero todo what I can to make Mexican resources known and oxtend . knowledge of - our ncceasities In_ trade, Dinz felt, also, that if Bther aubjects arose, it would be well to have some _one hera who had ocqualntance swmong public men In Waslington to cxpinin anything which might come up and represont tho cotnmercial interests of the country. Mata came here from my Gov- ernment as the regularly accredited Minlster, but, for some reason, he” was not recetved by the Department of State, and_returned on nc. count of his (Il health, Now I have had some experlence of © - THB BYIL EFFECT bt thls rupturs of diplomatic interconrse, bo cause 1 haa made nrrangements with Mexicah , capitalists to cstablish an agency In New York, and others in different Statea fn Mexico, but when L came to meet them in the City of Mex {co they wero afrald of a possiblo rupture bo tween tho two iepublice, aud disliked to go on, 8ull, I felt this openfne of vommerdial rela tions would do moro goodt if the tiwo Republics know each other than diplomacy.’ % WARLIEE, BT, Louts, Nov, 80.—A Globs-Democrat special from Texarkang, Ark., saysa St. Louls com- merclal traveler has just reccived a letter from a fellow-drummer, representing two largo St Louls#irms, who was sniuwrecked on the coast of Mexico last month, Ho sayar “I am in tho City of Mexico, swhere, on nccount of los- tilities anticipated, wo are watchied and under bouds uot to leave until matters are properly adjusted and pssume thelr wonted course. ‘Troops constantly purade the strects. They surround this city and watch all furcigners as il war actually been declared.” MISCELLANY. THH OT. GOTUARD RAILWAY, Berxm, Nov. 80,—Qermany has {nformed Bwitzerland that, subject to the ratiflcation by tho German Parllament, it will conribute an additional $2,000,000 toward the 8t. Uotbard tallway. P N 80‘3175 o Gta t took acordial i An18, Nov, en. Gran hruwefl'ol l’t’v:lldent MacMahon and the Ductr * ess of Magenta to-day. ——— CANADIAN NEWS, ipl Mispatch o The Chicago Triouns, OrTAwa, Nov. 80.—The roward for distin Rulshea and meritorlous service, vacated by the promotion of Gen, Lord Mark -Kerr, has been conferred by the Queen upon Lieut.-Gen. Sl Edward Selby 8myth, K. O. M. G., commander of tne militis in Canada, after a servico of near- 1y thirty-soven years all round the world, ln- cluding two entlrs camnpalgos in the fleld. Hpectal Disputch fo TA# Lhicago Tridune. Hawmivton, Nov, 80.— u:; Buv.l lD‘r. ‘gw:n, Tate of Chic has sccepted a call to the pas torate of ‘:Z’ Jumes' Reformed Episcopal Church, of this olty. Hewill bo installed on Buuday next, by the Rt-Rev. Dr, Fullowes, thcg of the Reformed £p! ; ;:,a':l gl’l;;r:'h pecial Plamaich (o The o 30.==Tho prize of 5,000 roubles, nflqnge.vf ll:' 1‘8‘1;} by the “flgllllll Government for the bestbook on the History of Cavalry, h‘u been awarded to Livut.-Col. Georgo T, Den- ison, of Toronto, commanding the Governor- General's Body-Guard in Canada. s T [ Dimatehto InpiANAPOL1S, Nov, 80.—Two business Arms filed petitions in bankruptcy to-day~—Maxwell, #ry & Thurston, fron dealers, and Duncan & Blsckmore, commission merchants. The for- mer's sasots are $30,000; lhbultlllelahtfl,m ber, resides at Madison, gl’o" ;zzl:fi?'i‘mfignlflnuq us agalust hlm: Duncan & Blackmore's liabilitles are m.ooq. assets, $30,000. Among tho sssots is s ounc- lw:nuut‘;x 1uua:’u.t‘ I;:l o 00;1 ::r':‘ of Teauessea “Hllv‘vuY&m, Nov. Bfl.'—'lPI:u creditors of Cur;:fil Pofloenhnuu. owner of the Long lsland Rall- road, _chosen Herman . Behwiskerg Mllgnl:::." Th:‘l?‘blllllcl aro placed at §8,000,- 000; sssets, 87,000,000. ————— THE FAR WEST. ‘PoRTLAND, Orc., Nov. 80.—Two slight shocks of earthquake occurred at 48 m. ‘The Court of Inquiry st Watls Walls, to ex- smine the charges preferrcd szalost Capt. Perry, of the United States Army, by citizcos of Idaho, in connection with the Indlan tight on tho Clearwarter, has concluded {ts proceedings. The report is now belug reviewed. by Geu. Howard. OBITUARY, Mzurpms, Tenn, Nov. 80.—Dr. John R. Atlen, a distinguished pbysican, well known throughout Kentucky and the Northwest, died suddenly this murulnf' "1'1 eo&qmvfh ) En‘r‘s ‘Baaivaw, Mich., Nov, 80.—Mrs, P, Staf- ter, mother of Judge Stafter, of ‘Tuscola bx}x&- ty, sod one of the plonecrs of Michixan, yeaterdsy, aged ¥4 years sud & mouths. e —— e THE GRANGERS, Cioixwats, Nov. 80.—At & seselon of the Natlopal Grange wdny.E;hu 3’“& fl:f:;tz: edited by the National Exccutive Couwt ed discontivued. The Gypauge sd- %"mu“‘{:.f oot next year in Richuoad, %'I-