Chicago Daily Tribune Newspaper, December 10, 1877, Page 4

THE CHICAGO TRIBUNE: MONDAY, DECEMBER 10, 1877, . 1 bankruptcies, sales undor mortgngs, and sacrificen of all kinds. There nre thousands of cases throughont the country whore property taken as seonrity for loans mndo three or four yoars ngo will not bring the amount advanced on {t. In many of theso ties with the prompt impeschment of the Marshal for high tresson. Auother, equally bold, declares that tho President's sudden change of front on Friday Inst, and the fail- ure of Durauns's negotiations by reason of the reservation of threo of the most im- havo much fatal consequonces ns ho rupposen. Thero are estimntod to be $150,000,000 of gold now in this bountry. If to remonctize silver would canse the shipmont of this 2150,000,000 of gold to Londen, it wonld have the affect of broak- Brusacls, the Oity of Mexico (sven the Cana- dian Capital ean boast of its saw-mills), are contres of Inrga industrion, and givo their respectivo nowspapers sonrcos of incoms ontaide the dofngs of Courts and Parliamonts. Holong, therefore, as Washington retains its Inw. Tho circulation |s absolutely protected from loss, and the success of thabank genernlly depends on the good management and Interrity of theofficers. This expianation only Includes the lezal mode of getting aud working a National Bank. Thers have been cmes whera the processes wero somncwlhat different. merclal complaina that such actlon fs an ey, sential bar to the ploasurds of - aporting, ns no eportaman will trouble himself to hunt up the scattered members of tho txecutive Commigy tee for a permit for & day's hunt, and It also tn. timates that the effect has been to atifTen thy prices of grain In tho city markets. The prin o The Tribne, o —— TERMS OF SUBSCRIPTION. TY MAIL~IN ADVANCE—POSTAGR Plll;A‘ID. aily Editlon, one vear... X portant portfolios, wns part of a concerted | cnses, tho borrowors had invested their | ingthe Rold oorner fu Europo, wonld make present status, tho far-seaing journalist will | It has been stated, for instance, that in ono | cipal trouble Inthe premises scems to be the O R Rt Pl 00 plan, Evorything seoms now to depend | money in improvemonts or business which | gold so abnndant nnd so oheap there that | rend sbove its gates tho Dantenn motto: | case (and 11 tn ono poesibly In otliers) a voleran | clumsiness of the farmers’ movemnent, I they ;,‘mg,;;‘;!:fi;,‘ §:39 upon the atlitnde of the Constitutionalists | proved unremnnerative, and they were un- | the discarded silver would naturally recover | ““ All yo who enter hore, loava hops bohind.” | and experlenced banke# bought the mnjority of | aro competent to refuso permiasion throngh the 1l-Weckly, one year, 9:98 | of tho Bonate, If thoy consent to a dissoln. | ablo to meot thoir intorest as it came due. In | much of ita velative valae, particularly ns tho | The man who starts A newspaper in Waah. | tho atock of a Natfonal Bank, had the same as- | medium of associatlone, they are equally com. A n‘;;’il‘(m m:m i tion it will undoubtediy be altempted; if [ this way, a dobt of £1,000 hns grown to | surplus silver having gono to Amcrica, the | ington must eithor bo a dullard or elss he ";"lc“ to h""‘d""':h’ "1‘,""“'&"“‘ "“":f“‘:’“““ petent to refuse or grant.permission Individusl. Opecony, per yen thoy rofno thelr support, Macdauox will | 81,600, and tho incronsod’ purchasing value | silvor would be scarco and high and tho gold | possessca thoso heroio qualities which induce ‘;,m:;:::’: ;:"' e, ,::':’M";:uk oa e | 19 and thus gavo agreat deal of trouble. Epecimen copies sent tres, hardly daro to undertake the perilous expe- | of money and diffienliy in eccuring it haa'| would be abundant and cheap. Bntno such { him to be reckloss of fate, and to sct up his No natfon Is 80 lkely to profit by the diseor- bought, the chock belng pald out of the money of the depositors in the bank; and all this was dono {1 an hour. That was an operatfon requir- fng brazen impudence, conslderablo dishonesty, collusion with others, but no money, It was n case of containing control aud practical posses-’ Give Post-Oftice address [n fall, Incinding Statesnd Conoty, lltm’mnpfl may be made elther by draft, express, Tost-Office order, orIn registered letters, at our risk, TERMA TO CITY BURSCRIDERS. Daily, delivered, Sunday excepted, 28 cents per weok. La'ly, delvered, Sunday included, 50 cents per woek. dient. T — I another part of this paper will be fonnd the opinions of Mr. Hrwirr, of Now Yorlk, and Benator Im1, of Goorgin, both Demo- made that debt equivalont to 82,000, while tha property given to secure it Iz not now worth as much nrs was originaily ad- vanced on it. To force a continuanco of tho presont state of things will expulsion of gold would follow the remon- etizalion of milver, Wherovor thora is ade- mand for goldor silver, the motal will be sure to find its markot. Binco 1862, whon the greonbaoks wers made a legal-tender, thore own grave-stone and write tho opitaph while living. The man who enn go into A nowspa- per graveyard, comnt 217 monumeits, and thon start another paper, would herd sheep In a tiger junglo or open an infant school in erfes ol STaNLBY ns the Portuguese. They have always Lsdl o largo shore of the West Afriean consting trade. Durfog thé past sum. mer a Portugueso cxploring expedition lefy Listion for the purpose of traversing Central Agdrea TR TRIBUNE COMPAXY, crats, and both opposed to the repeal of tho | 1 4o fncreasa the forfoitures of property | hiaa always been cnongh gold in this conntry | a small.pox hospital, slon of a bani with 800,000 capital and sur- | Africa from the province of Angola on the t o i s ik 1l f M il . nm::::;::;:d;:m:#u?'fib:% !R,fi’;‘é‘é‘.”nlibn Resnmption law, on tho possibility of re- under mortgnge, and the Eastern creditor | to meot any want for thearticle, The chenp e t——— plus without the oxoenditure of o dollar. At | west const to that of Mozamblqua on.the sumption. Both of these gontlomon ndmit that it is utterly impossiblo for the Socre. tary of the Trensury to resume specta pay. ments under the existing Iaw without fur. ther legislation, Suach legislation ho eannot get from Congress, and therefore his at. tempt to resume must be o failare. Tho Domocrnts, therefore, desm it best polioy to let resumption bresk down or fail, rather than ropoal the law and bave tho party ns- sumo tho responsibility, It is possiblo Soorotary Suzastan may find, bofore nnother yeor {a ont, that in rojecting tho silver dol- lar he rojected tho only possible meaua of resuming speclo payments, requlae intervals this bank put forth state- mients, sworn to with great exactuess, sheving #1nost prosperous condition, but nevertheless ona day the bank was reduced to 821 cash and then closed its duora forever. We do not men- tion this mattcr as a suggestion how to got o baok, Thore may or may not be anything fltegal in such proceedings, but the law has never been appealed to to punish nnybody for anything done 1n the business. e — A well-Informed oxchange remarks that the recunerative enorgy of the French nation has furnished tho text for a great many essags and editorlals in this country. The industry, eenno- my, and general productive capacity of Fremch mechanies, and workingmen generally, aro credited with furnishing the means of recupera- tion tothe nation, and the Industrial classcs of this couniry are frequently polnted to the French mechanieas an example of thrift and competency., There are several “things that have contributed to the industrial success of French manufacturers and nechanles which cannot be transplanted to this ‘country at the present time. SBume of these are not shown in the following account of *how the French workman llves,"" which wutake from an ex- change: ‘The Fronch Iaborer prolmbl{ gets more for hin wages than any othor, Hia food {s cheaper und more mnontlahing. Iiia boutllon 19 the liquid es- sence of beef at & penny per bowl. His bread at tho restaurant 1a thrown fn withoat any charge, and 1 the beat bread in the world, Iils hot coffee' and milk {s peddled abont Lhe atreete In the morning ot 8 101t por cup. Hia half boitle of clarot s thrown in at a 1nenl costing twelvo cents, For o few conts ho moy enjoy an evening's amnsoment at one of the many ‘minor theatros, with his coffes frue, Sixpenco pays for a niccly-ctishioned neat at the theatre. No rallory-gode, no peanats, pipe. smoke, drunkennese, yelling, or howling, The Jardin des Plantes, the vaet gnllories and musenms of the Louyrg, Hotel Cluny, Faluce of the Luxem- bonrg and Vorsalies are free for him 1o enter, Artandecience hold out to him thelr cholcest treosures at small cost, vr no cost at ail. French cconomy and frugality do not mean that conatant retrenchment and aeli-denial which wonld deprive Iife of everything which makes it worth living for. Economy 1n France, 1aore than in any other conne try, meana s utilizatlon of whit Americs throws away, but it docs not mean a pinching process, of reductag life to o barren existence of work and bread and wator, cash, onc object belng to ascertaln the xourees of the Congo. The members were fortunate enough to reach 8t. Paul de Loanda just fn time to meet STANLEY, and from him they re. port having recelved much Important and use. ful Informatlon. The corresnondence has re) cently been transmitted to the Htate Depart mont at Washington and offlcially published, i The sflver question has established Itself among the colored population of the Bouth, An Atlanta paper reports an srgument on the fssuo: **The point Is that sitvor ain't money, and the demand of (he times s that it shall ba remonetired —made money ngainl " haxt Bliver oint munny, c¢h 3 ! oht Dot won'tdo! What's dat yon' umblin® i yo' pockitt—what's dis qnahicr dat [ hol's in my hand? "Taint munny? Aw, ga 'lo ¢ an! fool whoi" if was (nlm‘ to explain—.'" ‘I don't want no ‘apiainin’ *hout datl Mnnny's munny, horn, an’ when I gits slirer on’ sots d bit, T kno's whedder hit's good or notl Dey mounght fill dst nnaepapor chnck fall of printin’, bat dls nigger's gwine ter take all de silver lio kin git, 1lit's moneytized "nuff fur mo 8o long's hit ‘passes fur bred an’ bacon, yer heah me?™* Englewoud, and Hyde Fark left fn the countiog-rvom will recaive prompt attention, b < THE PATTERSONS, Thesa PaTrrnsons scem to be s bad lot. First thoro was the Now Hampshira Profos. sor, who deserted the classie shades of Dart- month College for tho United States Sennte- Clinmber, and thore involved himself in the Credit-Mobilior fuvestigation. Then arose another of the samo namo in the Sennto Chiambor who, ns the reprosentative of South, Carolina, hns recontly disgraced himself, his Btate, and his party by making n corrupt bargain with tho Domocrats to escapo a trial for perjury, Now a third PatrensoN claima public attontion. He was a candidate for Congresa in Colorado last fall on the Demo- ‘eratia ticket. Tho oleotion was appoiated, by the votes of both parties in the Legisin. ture, to be held in October, At the election 80 held ParTznson was beaten by a majority for his compotitor, Judge Berronn, of about 1,000 votes, the eandidates standing for the unexpired term in tho Forty.fourth Con. gress nnd the full term in tho Forty-fifth, Inatead of accepting in n manly snd honor- able way tho verdict mo decisively pro- ‘nounced ngainst him, this Colorado Parran- Box discovered, or clnimed fo discover, that tho Ilaw required tho election for tho full term to ba held in Novembor, and that tho olection in October, so far ns the prosent Congress was concerned, was invalid. With this flimsy pretext to support him, Par- TERSON went to tho polls again in Novembor, The people of tho State generally ignored bim and his elestion. Only 800 or 400 votes wore cast for Congressman, and ho received thom all, the Republicans not nominating anybody against him, and most of tho Demo- arats refusing to assist his protonsions in any manner. This is tho oase of PATrrrson as it was presented to the Houso Committee on Elections, It wasso manifostly o bed caso that the Mouse Committeo, although of class will find itself compelled to sell the property at nloss to themselves, or assume itat the depreciated values {o be misman- aged by ngonts, if indeed any uso can be mndo of it. But an indefinito inflation of the money resources of tho country at the ato of $1,000,000 a wook will throw a large part of the incronsed money snpply into reat estato; increased pricos will follow an in- crensed demand; the presont debfors will be able to meot their obligations; the pros. ent crodfitors will recolvo thoir principal and intorest ; thero will bo no sacrifico on efthor side. Theremonetization of silver is not only in the interest of those who owe money, bnt llkowise iu the intercst of those to whom tho monoy is due, though the Iatter clnss Inrgely pormit themselves to be blinded to the fact Ly thoir greod nud avarice, Tako the banking intorest. Mr. Jomw TroxrsoN, a prominent Noew York banker, and publisher of the Hank Note Reporter, hina recontly made a cloar statoment of the influonces silver remonetization is likely to oxert ovor the banks, It will donvoy n gen. oral reassuranco to the bankers, Thenow atock of coln will incrense tho resources of logal- tender reserve, and the bauks will find it safo to increase tho mmountof their eirculnting notes, instead of reducing thom, as has been the tenduncy during the last two or threo yoars. Tha banks will discover that their assots, chiefly in the shapo of discounted paper_and the collatornls on which they have mndo loans, areimproving; those which thoy had given up for lost wall aaguire soma valuo § those that were donbtfal will bocome good, and thoso that were considorad good will bo rated so that larger amounts of monoy may bo advanced thorcon, Tho banks, instead of compressing their business, looking with suspicion upon very demand for loans, nnd doing so little a8 searcoly to pay their paper circulated nniversally and exclusively ; and, though tha paper dollar was as low as 40 cents, gold was not expeliod tho country; all the gold remnined, as it romains now, in the country that there was any use for. So, when tho ailver dotlar shall ba remonotizad, all the gold for which there will bo any use {n this conntry will remnnin hero, and any gold in excess of what is needed will go whore there is o greater demand for it. Al this ought to be, and doubtlass is, woll understood by BIr. Hewirr, who vainly tries, by the woak ob- Jections ho suggosts, to hide the real purposo of tho opposition to silver, which is to ad- vance tho valuo of gold and of every form of debt and investment, by mnking gold tho exclusive metallic money of civilization and tho only legal.tender, Tho theory of the money-londing intorest s that there is too much metailio money in existenco, and that it is too cheap; that the dollar is too largo and doos nmot buy enough of other ‘proporty; that if silver be blot- ted ont and, gold nlons rocognized 88 monoy, gold will be scarce and higher and all other property cheap. The whole schome of domonetizing silver had its origin in this iden, and to promote that ond it is now so urgently pressed, aud men liko Hewrrr and Hien are looking to tho Prosi- dent to defeat tho great popular domand for a restorod silvor dollar. Doos Mr, Hiwy think thers is such an abundanco of motallio monoy §u Georgia and throughout the Bouth and West that it is too choap, and that one- half of it must bo discardod in onlor to pro- duco a scarcity and givo a highor valuo to the other Linlf? ‘That is the solo aim of demon- etization of silver, and this country, whoro motallio money ia a novelty to tho gonoral public, {5 asked to make nll coin perpotually scarco in order to give additional value to TAMUSEMENTS. MeVicker's Theatre, Madlson street, between 6tate sad Dearborn, ** Bldonie,” Now Chieago Theatre. Clark street, opposite Ehermaa Hoase. the Emma Abbott Troups, Concert by Ilaoley's Thentre, Tiandolph atreet, between Clark and Laslle, Eogagement of the Iless Ruglish Opers Troupe, **Chimes of Normandy." Inveriy’s Theatre. Monroe street, corner of Uesrborn, Madsme Rents's Femaio Miostrels, = Col um Navelty Theatre, CIwrk treet, opposite Court-Jouss. **Too Late.™ MONDAY, DECEMBER 10, 1877, The Nation porsiata In asserting that the bill demonetizing silver was thoronghly aad elnborately discussed in Congress. Wo kave ssked tho Nation governl times, and ngain nsk it, to quote from’ its own columna along abont that timo any comments on the pro- vislons of tho bill which struck down the silvor dollar standard of money. Let It re- produco what it #aid pro or con on the snb- ject of repealing the silver standard, and adopting gold ns the solo metallio atandard of values, or forovor hold its poace. Tho fact is, the Nation can’t find anything of the sort in its files of 1873, 'Tho editor waanotaware of the effect of tha bill; ho did not know that the silver dollar hnd boon abolished os a legaltonder. e did not know It in. 1874; ho nover found it out until 1875, President Gnaxt, who signed the bill, was not aware of the demon- otizing trick that was boing played upon tho country, and did not find it ont until nearly o year afterwards. President IHarzs had not beard of it as lato as tho summor of 1875, when ho was canvassiig for Govornor. Wo do not beliovo that tho editor of the Vation know that tho silver standard had been dropped until as late a8 1875, Wil the Na- sho's you eso teef on CHIOAGO MARKET SUMMARY, ‘The Chicagoproduce markets were falrly active Baturdny, nnd most of them wera stronger. Mose pork closed 103 per brl higher, at $12.00 cash and $1:2.174 for January. Lard closed 10 per100 bs higher. nt 87.074 cash and $7.0734@8.00 for Jan- unry. Meats ware firmer, at 43¢ for boxod shoul. ders and 6!{c fordo shortribe, Whisky was steady, at $1.05 pergnlion. Flourwasqilet. Whest closed %@ %c highor,at $1.103; for December and 21,10% for January. Corn closed K@%¢ higher, at 43¥c cashand 42%c fordanuary, Oatsclosed oany, at 2Uic earh and 23)c for January. Rye was frmor, at50B50%c. Barley closed %@1c lawer, at 01% @G1xccash and G24c for January, Hogs were Activo and easicr, &t 84,20@4.50. Cattle werc. dull, at 82.50@5.00. Bheop were quleh at$2.750 4.25. Hogs packed 1o thls city since tho 1stof November, 010,525 head, Recolved in Chleago last week: BO,008 bris flour, 288,142 bu wheat, 417,001 bu corn, 160,007 bu oats, 15,780 bu rye, 03.208 bu barley, 183,130 live hogs, 10,733 head cattle. Exports from New York last week: 33,753 brls flour, 002,155 ba wheat, 038,085 bu corn. Inspected into store In this city Baturday morning: 121 cars wheat, 07 cara corn, 28 cars oats, i cars ryo, and 43 cars barley. Total (202 cars), 102,000 bu. One hundred dollars In gold would by $102.75 e —— The New York papors have been busy looking up the anteccdents of the young man Craxpor whose elopement with Mrs. RaLstoN nas boen tho scandal of tho woek in Ban Francisco. It Is found that Crax. Dor {s a well-known confidence operator, whose * ficld hitherto has been New York City, and whose principal gamo has been to take n wealthy forefgners about returning to England hy pretending that o had ehgaged passago on the samne stcamer and then borrowing money or valuables. e — R4NDy, the cutlaw, s disgusted becanse cor- tain partles aro hawking his photographs about tho country. Il wanted the copyright for bim- sclf. Iie had himself taken [n brigand style, so 03 to be ns attractive as vosslble, but tho other fellows got ahead of him, | GAnMDRTTA, according to Mr. WasnnoRNE, Is 8 man of oxtraordinary patrigtism and -quick perception. Dut Mr., Wasnnunxs did not say that ho was like Bonator CONELING. 4 1n greenbacks at the close, 5 current oxpenses, will adopta moro liberal | gold. course conatitnted with a Demooratic ma- e e TILDEN’S 'scome-tax Is still In arrears, ané In New York ou Baturday greonbacks were f":c’: ;“:"LZ'R"T.J&: ?;::nict:“f;o:v:nm:dft; :‘; polloy agnin, will rauch ont into commorainl | The reader Lins noticed hiow carefally tho | Jority, at first rosolved, by @ mojorlty of 7 | The late Mr. LEwis,of Hoboken, wes tho [ go fg he ropresentative of alarge class of unfortunate people. ** 11o often said,” testified his respected rellet In court, “that, if a volume of bis pocms wero published, ho would be considered the greatest poet In tho country.” Yet, notwith- notwithstanding hid devotion to the Musg, ho used to carry o Blarney-stone in his pocket, and would often take it out and kiea it, and tell the witness that all tho girls in Hoboken wore Inlove with him. 1t {sa pity that during hislitctimohe did not placa himsclf in communieation with the cditor of a Cleveland paper, who has proba- Lly tho only truly sympathotic nature in Amer- fca, and who would have gladiy lifted him to the pinnaclo of poctic famo. A young lady rq- cently sent a poem to the Cloveland edltor, re- ‘questing that her nama should be kept sacredly secret. “‘tler mame fs safe,” enthusfastically cried tho editor; “forty wild horses shall not draw it from us.” And thon ho procceded with tenderest care and tearful countenance to lay tho poem upon the cheerful fire, and to turn his attentlon to PATTRRSON aud Reform, ———— Our Parls correspondent, in his letter printed yesterday, alludes to the neglect of the French people for BERLIOZ, thelr greatest composer, and Int!mates that thero 1s o movement on foot both fn Paris and London to producc some of his mors sorlous works, ko the **Harold Sym- vhony™ and the “Damnation of Faust.” In this connectlon ho calls upon Tnxoponn Ti10MAB to follow suit in this country, The call, however, {a uanccessary, as Mr. TioMas has given both these symphonles sevoral times duriog ‘the past threo or four years, besides soveral minor works of tho same composer. The wpeople of this country, {n fact, arc far better aequalnted with Bart10z than his own countrymen, and the re- mark need not be confingd to that compaser. It is o woll-known fact that tho current works of modern composers as well s the posthumous works of thg old composers ara heard In this % to 4, toreport that thero had been no eloc- tion in Colorado. But party pressurs was too atrong for the honest intentions of tho Com- mittes. Tho Democrats found the party whip cracking about their enrs; the firat resolu- tion was reconsldered, and the Committes roported, by a vole of 7 to 8, in favor of scating PatTERSoN, only Mr. Cox, of Olio, adhoring to his original position, and declar- ing that there had boen no election. 1f this reported is accepted and Patreasow soated, tho public scandal will be tho greatest that has boen known since tho old Kaunsas and Lecompton times, aud will furnish a fitting parallol to that iniquity. The Philadelphia Times, which genorally permits itaindopond. enco to carry it into tho Democratic camp, confesses that thers would bono justice and no common decency in tho soating of Parrzm son. Tho only good result that could follow from such an outrago would be the confirm- ing of Colorado to the Ropublicans for an indefinite period. investmonts that sgain promise n profit, wul earn moro money themselves' and enable the commercial classos to oarn more at the samo timo. i Take the manufacturing and laboring in- terosts. If tho present dopression shall con- tinue, if business men bo forced in great numbers into bankruptoy, if property-own. ers be compelled to abaudon their city and faru lands, there must bo a atill farther fall. ing-off in consumption, and with the deeline of consumption comes o shrinkage in manh. factures. Moro furnnces mast be blown ont, more mills must be shut down, more wheels stoppied, moro mines closed, and the present number of unemployed men will be incrensed by thousands nnd tens of thonsands, Im. peeuniosity is contagions, and {hoss who have escaped it thus far (malnly the monoy- londors) will bo obliged to yiald to it if thoy force a continuance of the pravailing depros- sion. -Bat this same $1,000,000 a weck of solid, shining, ringingsilver, which is to make tho bankers mors liboral, which is to enhanco tho valuo of property, which 1s to give pro- ducers better prices, which 18 to lond a new valua to investmenta now unavailable, which is to incronse profits, will also enlarge con. sumption, conblo the closed factories to re- sume work, and offor omployment nt living wagod to tho thousands of impavorishedmon who are now idlo. Theso are the hoalthful influonces of an honest inflation of the coin resources of Ameriea. Thero s no approhension, under tho Sonate bill at lenst, that tho silver will come into circulation any loo quickly or in an exorbitant amount. Thers is no danger of n flood of silver from nbroad, Mr. Sxvo Prosidont, tho Secrotary of the Treastry, ond tho Benatorisl and Roprosentativo organs of the gold interest suppross all men- tion of the probable effect of remonotization of silvor on the valua of silvor as bullion, This point {s not overlooked in London, which is tho great silver market. It is thoro oxpeotod that if silver bo romonetized in tha United Btates the prico of sllver will so ad- vanco that, long bofora the silver dollar shall ba coined in quantity sufficient to ** put the national honor in poril,” the dollar will bo worth 100 cents in gold. Our atatesmen de. grado the valuo of silvor by demonotizing it, and thon give {ts reduced valuo ns an excuso for not remonetizing it, This is not honest, and, the dishonosty boing so avident, ex- plains how profoundly impresacd the wholo country is with the imquity of tho scheme of domonctization generally from 1878 to the presont day. e ——— A JOURNALISTIC GRAVEYARD, Tho Washington (D. 0.) Evening Star, on ita twenty-fifth anniversary, took occaston to indulge in o rominisence whioh goes to show that tho National Capital, since 1790, bns been the gravoyard of journalism. It prints a frightfal list of dond and missing pnpera and poriodicals that have started out with glowing prospootuses to specdily end in mournful obltuaries.” The list vomprises 234 popers that have boon commenced sinco 1790, and of this largo numbor but soven. teon havo anrvived, tho Star itself boing the cldent, Daving ronched tho ngo of twenty.fivo yoars. Of theso seventaon, tho principal are the Evening Star (1852), Kvening Ohronicle (1860), National Republican (1802), Capital its discovery. T —— It is intended by tho Democrats to get up an immedinta future for Mr. Kzrroaa that shall considernbly sweoten even the envy with which poor Prycunace gnzes upon his rival's proud exallation to Senatorial dig- nity. By dint of easy prosecutions at homa in Lonisiana it {s considored that a requisi- tion can bo obtained for Ketvoou's porson upon the authorities of the District of Co- lumbia, and-that, if this documont shall be dishonorad at the Capital, thero nre Govern- ors each sido of the national patch df ground who would show the grontest nldcrity in pouncing upon him should he ven- turo a milo into oither Maryland or Virginia, thus reducing Senator Kexi- Logo to tho beloaguored situation of Mr. TRicnany SwiverLen, and detracting consider- ably from the eclet which gront officlal pro. forment usunlly sheds upon its chosen sub- Jocta. Tha Domocrata hopoe by these gentle indications of political aversion to sccure hia enrly ronignation; but there is a lurking suspicion in thg minds of many that the Loulsiana Sonator is not the man to bo wor- ried into a foolish act on account of this sort of porsccution, Itmay bo sot down as rose sonably cortain that tho chargo against Gov. Kurrooo-—~that of using the funds of the Btate of Loulsiana for the purposo of bribery ~has boon trumped up in liou'of sny other liold which disappointed Democrats have been ablo to obtain on him, stendy throughout the day at 07§, . PiNonback bas resigned, Indeed? —— PERSONAL. Blondin has traveled nearly 2,600 miles on the tight-rope, . Rossi, the actor, gave. his daughter, wha was recently married, & dowry of $40, 000, A Prof. Orton, whose death in Bouth Amor fen was recently roported, dled of consumption. The Now York Bociety for the Preventio) of Cruelty to Chlldren {s about to fnvestigata th Uaby Show. Bishop Gilbort Haven admires tho widow Van Cott's clothes, and says that not one womas In 10,000 dresscs a0 woll. , . o Mr. Gladstone ia one of the only two men who bold the freedom of the City of Dublln, the other boing Mr. Butt, the Home-Ruler, John 8. Clarke, the comedinn, of Philadels phis, bas purchased the Aihambra Palace, bulltby . - the Kiralfys for use during the Centennial. A now comie opera, called * ‘Tho Bon cerer,” has been produced In London. ‘Tho words areby W. 8. Qlibert and tho maele by Arthma Bullivan. ‘The property of Dr. Payne, of New York, bequeathed to Harvard College, is now said tg amount to about §45,000, At irst it was estimated at 200,000, Mr, Altrod R, Wallace will' reply In Fras. er's Magazine for December 1o Dr. Carpentsr's agticle, *‘Psychological Ciriosities of Bpirituale fom," which appeared In the Novembor number. Lassalo Chandor, the fathor of AMrs. Rals. ton's friend, was thirty years ago ono of the most notorious coufidenca men in the Unitod Btates, and tho New York Tridune saye the son ismot much botter. The New York Graphfo photographed tlLa toport of tha Becretary of tho Trossury and ropro. duced 1t Ly thy patent wmothod, without the nse of t Jaxes McEuviaorr, the Constable who wns shot by Miss McKee last Thursday, died yesterdsy morning from the cffects of the wound, B part of this issno, descriptiva of the ali-rail route from Chicago to Halifax—aroute which promiscs to bocomo better known herenfter to Western travelers and shippers. —— A gleam of hope for tho nnxious watchora for news of the missing steamship City of Berlin is afforded in the experionces of ves- sols which nrrived at Quocnstown yosterday. ‘They report lmylng encountored casterly winda that would ba certain to considerably retard the progross of tho overdus stiamer it shio wero making way under sail alone, ——ee Thero is no prospect of a voto being ronched. in {ho Senato on tho Sliver bill pre- vious to adjournmont for tho hollday recess. Benators are proparing to leave for their Lomes, and only thoso who have speeches to be disgorged will remaln, Faw, if sny, nom- inations will bo touched, and it is doubtfal whother any important caso, oxcept that of tho Louisiana Sonatorship, will receivo final sctlan. EvsTia' ohanoos for tho soat are con- sidored exccllont. r—— Among the racent conflioting rumors about the war, mone is more crediblo than that which the London Z'mes publishes from ita Taris corroéppndent, to tho effect that tho Turks have almost abandoned hope of suc- Tho new Conatitution of Georgia has been adopted Ly upwards of 40,000 majority, The whites appear to bave voted for it solld, whilo the bulk of the blacks bpposed it. But the great fight was on the Capital questlon, the choleo belng Letween Milledaevllle, the old Capital, nnd Atlanta, the now one. After the ‘War, when tho 8tato for a whilo was under the control of the Republicans, they removed the Capital from Milledgevillo to Atlanta. The former was the ccntre of a rabid, fire-enting community, and without commerelal enterprise, but It was located as near tho contre geograph- fcally-as In Springfleld in this State, whils At- lunta is relatively about whero Ottawa fs; but Atlanta {8 a wide-nwake, progressive, rapldly- growlog placo, snd a o great rallway cen- ANTIAL INFLATION, ** 'The remonetization of silver is but an. other schieme for inflation,” is the standing 3 typo. Itwas the onl !l fa New ¥ ceas, and, aa soon a8 Erzeronm istakennnd | and eneering commont of that clasa of recontly testified that thore romajns, only | (1871), Sentinel (1878), and Nutivnal Unfon | tre. Miledgeville ‘;“‘ ;‘"'"“ for- by the ?:,:;z'“nm“' e oloty ey sralicakt i :mhm:;:n;o::p’o:t';nn l:fl.w'" nSew ok the Adrianople rond threntaped, will tront | capitalists who desiro to compol their debtors about $125,000,000 of the ailver coln demon. | (1877). Hopo springs otornal fn the humnn uaurhe‘x::m:n tnre&-eunrll 8 'o; tho mlm:i o Suraner, In ono of his lttora 1 185, saya: Separataly with Tiusala, and coflo tho frao | o pay from 15 to 26 por cent moro than tho | tived by Gormaay. Lot thom send it all ty | bronst, howover, 8ed tho fate of et | te, N st Atlanta and thety | T HNatlon contans that tho bhl delogallzing **T observed to Lord JefIrey that I thought Carlyle bad changed his atylo much since he wrate the article on Burns, 'Notall,’ sald bhes *1 will tell you why that is diffierent from his other srticles—] altered it " . cstablished tho Capltal at Atlanta, and their work must ba undono”; but the groat mass of 1ho blacks appear to have voted for Atlanta as well as the whitea'of tho uorthwestern coun- passaga of tho Bosphorus rather than permit them to odvanco to Constantinople. The publication of this roport caused tho uneasy facling in Eogland referrod to in our yeater- original loana by insisting upon resnmption on o single gold basis, ‘The romonetization sclieme locks forward to inflation, it is truo, but not of the kind *with which the word sliver was fully discussed and clearly explafued in Conzress, Bpeaking of aspecch made on tho firat draft of the LIl by Hooran, of Massa- chuselts, on the 12th of March, 1873, ono your Amorica, and no harm will bo done, Thoy will hiave to buy something from America to transfor it here. Wa shall receive 1t at a front who lhave gono over the precipice does not provont a vigorous rush for the sameo abyss by tho new comers, Destruction dny's dispatches. ———— Bocrotary Bomumz takes occasion to deny emphatically the reports of his intended res. igoation. Heis woll satisfied with his pres- ent position, and has no notion of leaving it, —cortalnly not for the Berlin mission, which, mmong all diplomatio tendors, he would be least likely to accept, The King of Prusats, whom Sonunz fought as a revola. tioniat, is now the Emperor of Germany, and the Becretary of the Interior conceives that it might not be agreeabls to the Berlin Court to recelve him as the Ambassador of the United Btates. A rovival of erate and Bourbon war upon the United Btatea army may be looked for when Congross seitles down to work after the holidaya. ‘They have not sbandonod the project of reducing the already amall exouse for a standing army which this great Republic posscsses, but, it is veid, buve In view & schome o 80 harass and annoy the prominent officers as to force their rotirement, leaving the military estab- lishwout whioh the Democrats may hersafter organizo whon .they have secured full oon. trol free from Lo depressing presonce of tho hevoes who contributed o much o the dofeat of thelr party in the great battles fought for the preservation of the Union, ‘The Paciflo Railrosd Commuttee's acepha. lous condition is soon to be brought to the notice of the House, Mr. Raspart's origi. usl Chainnan refused to serve, and Alr. Mon. &Ls0N, of Nlivols, to: whom the place has been teudered, declines to lend his aid in belping the Speaker out of his unplessant predicament. ‘Thore are several Democrats on the Committes who would be willing to Lo sent to the head, but it bappens that thoso who are anzious for the place are notoriously conuulitted to the 'Texaw Pacifig grab, add the impropriety of any of these having oharge of the Comumittee ia obvious even to Demo- cratio perception. With the Toexas Pacifio’ business ot of the way, there would be no difilculty of equipping the Committes with a Obairman, . So———— Repablican journals in Paris express their sentiments cone the oritical juncture of affairs with afreedom and vigor that suggestno fvar of consequencea. It is msserted that an attempt by Machauox ¢ a second dissolu- tiou would be et by the Obamber of Dopu. rato upon which it will advanco in value un- der the influoncos of American remonetiza- tion. Tho advantages will be all on our sido, When wa shall acquire moro monoy— real money—than wo con use, wo can lend some of it to poorer peoplo. has been assoofated by the Groonbackors, nor desorving of the contempt which the ancer conveys. The remonetizationof silver will bring about an honest, substantial, nud boalthtal inflation by adding to the coin ro. sources of tho nation at tha present value of greenbacks; it will not bo an inflation'of crodits, among which the groonbacks must bo included, but an inflation of money of Intrinkio volue and logal recog. nition, with tho certain offoct of flrst check. ing dopreclation and then loading to better pricos. It is tho sort of iuflation which, carried far enough, constitutes a natlon a oreditor among tho other nations of the world, and gives it the monetary advantages that always utlend acoretion by interest. 1f tho Benate Bilver bill shonld pass to. morrow, the lmmediate effoct would ba to add sbout $1,000,000 & weck to the conntry’s money-supply,—not to the amount of papor promises to pay, but tomoney. From that timo on, this new supply would begin to per. colate through all phases of invesiments and comuercial transactions, increase prices, breathe new life into assots that aro now on the verge of collapse, enlargo confidence, snd arrest bankruptey in Lundreds nnd thousands of cases whero it cannot other. wisa bo averted. It will not be the sudden aud abaonaal jnflation consequent upon tho dilution of paper-ourrency, and leadiug to the same excesses of pcculation and ex. travagonco that aro incident to an inflation of oredite; but it will bo an enlargement of palpable and valusble resources by giving a monetary use and corresponding value to aue of the precious watals from which the publio wus shut off by intrigue and congealment, Take the case of real estato alone. It con. stitutes the principal geourity for private loans, It is the usual basis on which inaur- ance companies, savings banks, and other large money sud trust associations make theirloaus. Rcal estato values have boen' universally deprossed during the past four :years,—pot!In auy one section of the country alone, not intities alone, but in the East, West, North, and Bouth, in city property, suburban property, improved, property, faocy property, ‘and farm property. As business profits have declined, there has bean less surplus money for investment, anit a3 the velue of tho greeubacks has been spprecisted the value of land has beon deprociated. Tho decline has been going on frow bad to worse, accelvrated by ANTI-BILVER DEMOCRATS, Our Washington correspondont furnishes us with the viows of two roprosentative Demoorats, Benator Ility, of Georgin, and Mr. Hewrrr, of New York. DBoth of theso gontlemon admit, ns indisputable, that all tho debts of the United Statos ara legally payablo in silver at tho disoretion of thoe Goy- ornment, That they conceda fa tho compact. They objoct to the use of silver bocause the silver dollar {e not worth noar as much; in. trinalcally, as it was whon the debt was con. tracted. Doth thesa gontlomen ignore the historical fact that thoe only question ever raliod by the pablic creditors was that thoy should not bo compelied to tako paper, The exclusion of ullvor was never thought of, and had auy man proffosed then that the Unlted Btates should guarautes the value of gold and of silver bullion he would have boon declared @ lunatic, Mr, Hruy argues that the outstanding G per cent bonds may bo refunded In 4 per cont bonds if the bonds be made payablo in gold; but the Bonator forgots that, if the present bonds are payable In silver, a 4 per cent bond, payable thirty years hence in silvoror gold at the gption of the Govern- ment, would find, as tho President, the Soc- rolary of the ‘Treasury, and the Comptroller of the Currenoy cohoeds, on immodiate markot in this country, and porhaps ths ex- change of bonds could bo accomplished much soonor than if the Treasury walts to sall 4 per cont bonds at par in gold. Mr, Hewrrs thinks that o remonetize sllver will causo that motal to flow to this country, whero it will acoumulato In large sums aod bouscless, Mr. Hewirr is ex- perienced enough to know that whon either «of the precions metals whall scoumulate in any cquatry beyoud the noeds or uses of the peoplo the surplus will flow away to soms other point; he knows that, should thers be alarge sccumulation of silver in this coun- try it will be au inflation whioh will advanco the values of other property, aud put mare kots which are now dull in active operution. His arguent that the monetization of silver will at onoo causo all the gold to be shipped out of the oouutry, even if true, would not does not deter and failure does not frighten, and in years to come tho mortality will in all probabliity bo quite as great na it has beon in yvars past, There aro many and sufficlont reasons why n nowspaper that is not born with a golden spoon in its mouth cannot hopo to survive tho ravages of tho Washington olimate or make a victorious fight sgainst tho fatal lothargy that weighs down upon all papory liko an incubus, Washington is neither a commorcial nor manufacturing city, and thoso two olements aro the valves of the nowspaper hoart that supply it with ciroula- tion and bulld up its constitution. It ig given over to politiciany, jobblsta and lobby- ists, hackmon, claim agouts, spoculators, ad. venturors, gamblors, clorks, and newapapor corvespoudents who are obliged to remain thero aud roport the sayings and doings of tho yolitical world. Those who aro obliged to sloy aro so surfoited with politics that they do not caro to spend monoy for papers devoted to politics, and as tha meroantile, olass is composed of amall votailers, who live by furnishing the political world with bread aud butter, they cannot give the newspaper any moterlul support. If an economical Administration comes into power, then the situation s ulterly hopeloss, and papor after paper goos to the graveyard, Again, whatever Admwinistration is in power, it is only the papers reflecting tho policies of that Aduministration that can hopa to live. Just ot presout tha balance of power is sp cloge that for the flrst time in sixtcen yoars the Democrats have hopes of sustaining a paper. Ono has alroady beou launched, but| it would be unwise to assert that it will not go down before its riggiug fs set and it falrly gets under way, In tho old doys, when peo- ple_woro in tho habit of subscribing for weekly papors and party lines were strouger than they are mnow, there was a chance of life, but poople Lavo coased subscribing for weekly papors, and, %o far as dally papers in Washington are concerned, newspaper onter- prise and competition have pushod them to tho wall. The Baltimore papers amive in Washington in time for the breakfast-table ; the Pluladelphia papers in time for the noon dinner; and the New York papers in time for the tea-table. Newspapors must live by sadvertising, sud "there is no advertisivg {n politics, It must como from business, aud in this respect Washington differs from all tho other great Oapitals of the world, Lon~ don, Paris, Bt. Potersbirg, Vienns, Berlin, tles, aud this combinod vote has saved it from losing tho Capital, There aro some objectiona. blo features In tho new Constitutlon, but on the whole it 13 a good pleco of work, Among {ts moat Important teatures pro strict provistons ogoluat ducling, making lobbying s crimo ana petty larceny causo for disfranchisement (this I almed at the biacks), prohibiting tho State from rvendoring finaucial nsslstance to rallroads, abol- 1shing tho whipplog-post and Imprisonment fqr debt, making the sessions of tho Legislature blenntal, and Increasioz the facilitles for free publlc education, The Legislatura now chosen will vlect a gucccssor to Gen. Joun B, Gonvox, and there {s Jittle reason to doubt that, in view of his popularity, ke will bo bils own successor.. The Republicans elected fudependont tickets in & number of couiitics, but as a party they havo had no orgenization worth considering for sev- oral years, et —— * Ayound New York, buby shows are so thick Just now that tho nowepapers are unable to kevp track of them. Bealdes the Nowark shiow,which resulted so disastrously by thy absconding of tho principal tnaneger, thery have beun Quring the past week baby shows in New York and Brooklyn, aud acolored baby show in the former city. ‘Thero was & groat deat of competition be- tween these different entertainments, though the colored bables druw the largest houses, which was but natural, conaldering that Shoy presented the two great attractions of novelty and yariety, White bables aro gonerslly so much allke that It requires o connols- seur or a parent to distlogulsh one from another, whercas fu colored bables thers s presented & pleasiug differcace of shade, 8tirred by the enthuslasm which was created by this class of entertaloment, & number of specu- lstors have determiued to organize u cat show, oue of whose features wil) ba u crand cat-chorus performed dally for tho delight of the public by means ot unseen operators twisting the cau- dal ends of the cats. Meauwhile, the Socletles for the Prevention of Cruelty to Anlmals and for (b Prevention of Cruelty to Children bavo taken up the subjoct, and thero ip & prospect of all theso sublime untertainments bglog sume marily squelched. ——— To the Editor of The Tridune. Caicago, Dec. d.~Will you, through the cole umus of Tus THIBUNE. stata the requlsiies to os- taotieh and the workingsof u Nations) Dauk? Ke- apectfully, L. The messures necessary to organize a Nation- al Bank are all sct forth in detall iy the Baoking act, but the main points may be briefly stated: Any uumber of porsous msy subscribe to the shares of & bank to be organized with not less than $50,000 capital. An spplication {3 made to the Comptyoller of the Currency, who, If satis- fisd, authorizes the organization. The bank must deposit not less than $30,000 of boods at ‘Washington ag security for its circulation. The Proper operations of & bink arv also defined by beforo the bill passed, the Nation says: ‘The task of explaining the bill by soctions was aseigned to Mr, floorss, of Massachusoits, who 1‘1;‘-4{1“ pecch on it Slling oleven columns of the 0be, ‘The reader may oxamine that specch for o week without auspecting that It udvocated the repeal of the allver standard, and that the pur- posc was tu make wold ths only metallle standard of mouey. Wil the Nation nama over afew of the members who Mstened to the *elaven-column speeels that understood it to muan demonetization of sflver! There were poseibly a few confederates of Hoorsu who understood tho cheating dovice, but they will not avow it now. Cau tho Nitlon name onel ‘Photography as au egent In the detection of crimu bias long held su important position, and Its value has becomo uoiversally rnwu‘nlzed. But hitherto the magic lantern has not 'been vromiuently mized up in law cases. Last Thursday in Now York, un the trial of a bank- teller for forgery, the novel experlment was tried of bringlug the magiclantern into the court-room, darkening the apartment, and throwiog upon the wall a larke reficctlonof a clieck which was alleged to have baen forged. Tne jurors were thus enabled to trace out lins by Hne tho auguiarities of the handwriting, The counsel for thu defense strongly objocted to this proceeding, ou the ground that thers could be no appeal to a copy in avy shape, and that the reficction on the wall was of that char- acter. The Judge, bowever, wisely overruled the objectlon. Firat, thy gold speculators bresk down the price ol silver by demonctiziog it, aud then, when its valuo s reduced, they cry out agaiust remonetizing 1t, bocause It 1, as bulllon, worth less than gold as moueyl Bu re-legslize it, and its value will goup and that of gold will come down. But the monometallists do noy want guld tocome down; they desire it to go higher, so they can scll out the dentor class snd “ gobble™ twice the property shey loaucd.« At the bottom of this clamor for the single gold staudard will be fouud tho most héurtless scllishoess. 5 PR Amnong the visitors to Paris next year will be that phllantbropic mouarch, the King of Daho- mey, who recently put to death 500 of bis sub- Jects, and whoso urdinary diot s sald to conslst Of anfans auz truftas, a VAfricaln. He wilt be #ick ot heart when be learns thay he has missed the New York baby show. —— The farmers of Oblo wre' organizing sssodla- tions to protect themselves from thy trospasses of sportsmen. By the by-laws of these ss- sociations, po member can upon his own wotion grant leave to w sportsman to hunt upon bis farn, The permisslon toust have the iu- dorsement of a majority of the Executive Com- wittee of the Unlon, The Cludwnstl Coam- Bonator Morton's phyaloians said that if ho had begunio drlnk Koumys a fow days earlior than he did hils life might have been saved. Having thie fact in mind, o friend of Mr. Samuvel Bowles re- contly sunt to him a sapply of Koumys, hoplag that it might serve bim for fuod untfl bis organs of die gestion resumed thelr functions, & Mosurs, Gerritt Smith and George A, Ham. itton, the clectricians, who have bLeen {n Europs during the past three months, engaged in introduc. ing the quadraplex tulcpnph aysiem, arrived home n Now York on Wednesday in the Conard steamer China, A large number of prominent electricians and telograph men went down tho bay to recelve » them. Bocial life seems to ba enjoyed in Panama under sxciting conditlons, The Star and Herald ptiblishes 8 communication sefting forth that the honse of the Peruvian Consul, Benor Brafimo, was entered by the police while s ball was going oa there, tho ofticer In charge declaring that novody had a right lo dance in Pangma withont the written pormission of the Govern of the clty. Misa Grace Vernon Bussell is o yo\;ng English lady, only 10 vears old, Iearing of & boat belng capaized, back dawn the dlsaster. Miss Bussell rode on borsos op cliff at full speed 1o the scene of Bhie rode hor horse iuto the and succeeded In. reaching tho boat, saccom by beraorvant, ond, with as many women aad chile dren clinging to hor and her horse &9 possible, she madg for the shore and placed thom fa safely. The Royal Humane Soclety has awarded the brave girt 8 silver medallion, with a bronze medalilon to ber servant, who saved a man, At the recont session of the Presbyterian Synod of New Jersey, the appeals of the Rev. I. M, Bes, pastor of the Wickliffe Btreet Church of Nowark, from the action of the: Presbytery of Nowark, requesting him 10 resign for presching the doctrine of higher Christlan lifo snd life of holinens, and reprimanding him for allowing wom+ en to occupy hie pulplt, were mot sustained, snd Mr. Seo gave notice that he anould further sppesl to the Uenors| Assembly, In the meantime, Mr. 8ee has kept chiarge of his church. The Presbytery s now considering & toral rolation. otion to dissolve the -pas- Bernard Palissy, the Huguenot and potter, bas been apotheosized, Lot is pow destroyed by two lcogoclasts. The Bpringdeld Repubdlican savs in this conneciion: '*Palissy is the man who spens the best past of his ife in exparimenting i search of a cerlsln famous glaze for pottery; buming up bis farniture, starving biy wifv, sod killlag ha babies year sfler yuar, as wmay be:found culogists {cally set forth by Mr. Lougfullow fn his recent puems, *Korsmos.” Charles W. Klifott sad W. C. Primo have taken occasion i thelr recent books sbout pottery to give this Pallssy a ygood, sound dressing down. ¥rime thloks the man reslly did discover somcthing of value, howeve while Elllott doss not mve bim svea that credit, snd ia #plto of the fact tbat Pallusy bad been said to hold the samv position with rugard to chemistry thst Bacon docs with regard to philosopby, Ellfots de- clares that he bad chembatry,” Iy waatpfuliv,? *little or o knowledge of d that e worked *darkly, guosasts