Chicago Daily Tribune Newspaper, December 17, 1877, Page 2

THE CIIICAGO TRIBUN. MONDAY, DECEMBER 17, 1877. —thosa who will not e subsli1ized or biazed by selilsly money-vhangzers or Shviocks. = The {mnense resonreesof our yet yonnz West —mineral, vezetable, and animal, a4 well as men- Hile—temand vast peenni- acilities and accomnodations, in erder that hiall hot be hewers of wowl and drawers of water forever for cunning amd artful manipuia- tors of onr nanclal aperationa, as all must sce with half an eve that we are now. Those who hase escaped the vortex of bank- raptey, but are mphlly deifting towardjthe verzo of it. ahould at_unee explore the eause of vur financial difilcultics, eeck the remedy, sl apply it. They will discovqr that there 1s but ons way fu which theresumptlon of specie-payments can be sccomplished, and_maintained for threo nnud that way Istheplan of our [athers, fshed by Alexander Hamiiton, Arrrgv DurcH. REMONETIZATION OF SILVER, OR REPUDIATION. To the Editar of The Tritnne, Cmicaco, Dee. 15.~The discussion of the sl Tor question ao far has lznored the logieal fesite. 1t fs not whether indebtedness shall be paid tn eold only, but whether ft will aml can be pald at wil. The ereditor claey has the more sital and pressing Interest In the restoration of siiver as woney ol the two classes. ‘The American people owe £13,000,000,000 in Natfonal, State, county, corporate, muntcipal, “This vast suns rests upon all the property of all the people, and must be nald hy the avalls of their property and labor. It nelther property tor labor has value credits based apon both whether In form of natlona protlses to pay, become valuel What {s saliue{ The utility of a thing tn the wants of mankind, which caables n man to ex- chungo what ho hins for what he wants to iave, Darburluns exelange thing tor thiug, but civil- {zed man has adopted an equivalent thing fn ex- ntvalent, from the carllest and silver, stamped by the State lesulng it with the compulrury power that the debtor shintl pay and the ereditor ahall re- ceive this thing called mony unless otherwise agreed. Secretary of the Treasury condl do nothing more than express au optiion upon that sub- These_honds wern not creations of the 1 in purenance of laws enncted for that purpose, and thelr pav- ment shouid he, and e, reculated by the laws at the time thay were lssued. enator Rernun (De by the resolutions ol and no question was ever more fully conshlered by the people, nor were their wishea ever niore decldely ctpreseed, than by their Representa- tives nnd Senators in Congress. T promfeed not to argue this question with your Excellencys and, It T were to da so, I woulil not top 1o notice such asscrifons as that it Is for the interest and honor of the people to keep silver wholls or partinliy demonetized,—as it the peaple were incapable of judging what 12 for thelr Interest and honor. to charge cither tal. physical, and acle ) further clalna that, ) to strengthen the publle credity all bonds fssited by the Govern- ment heeame payahle in gokl. [ havenat those reaolutions at haml; but, that time silver was a tdea that thuse resolutions contained any dis- crimination agafust it as a leui-tender for the dehta of the Government, Mizeh hias been said concerning the surreptl- tivus churacter of the act of Februury, monctizing eliver, This scema only ns alfecting thoso responsible for the leglslation, The pubhie creditor may well say, T nothing as to how the law waa passed; [ onl know that it was the law®; and this is a sufl from the fact that at e jegal-temder, I have no and magnanimous venble, who have bestowed on you the highest honor in their gift. But, as many of the opponents of siiver have abandoned all ather srguments in order to give prominence 10 one supposcd to bo unanswerable, { will beg @ to notice it for o moment. Thia is, that, by paying in gold only, we can fund the natlonal deht at a lower rate of inter- est than If we paid fugold or silver at the op- tion of the Government. erminont finds itscll frrevocabl the owners of zold only, t 1 wower to dictate termas but, 5 it hotas fteell ree to borrow from the owners of either gold or sliver, competition woulit keep down rates. Forty millions of people ready to loan Four [ndulgenct Let us Ince: hid ;lur- to borrow from aces it In Lheir Ar. Thurlow Weedd has of 1ate been quite In- dustrious (n showing the use of silver Ly the ‘This, tov, Is foreltn to the Fversone Knowa that silver s been counted a précious metal, amd used ns a medimn of exchange, from the entiiest recont- ed thues down to the present; vut that has nothing to do with the question as to whether a ellver dollar of 41235 tonder for the debts of the United States Gov- ancient Isracites. matter in hiand, thelr savings tlie tlovernment wiil only permit the colnage of the sliver in se savings would be invested, which way could Government oblain the best terma.—He conlinin alista alnne, or by (| the whole ncoplel We nre tosl: “The people havo alread tion of M) per cent upon thel property, and thoy can certalnly stand the sl additional depreciation of 3 per ceuty nnd thenwe will he on the bud-rock of gold, aml can commence to_ bulld up.'? sertions nre incorrect, 88 well as the concluslon tought to be drawn, The peovle have nob aing sbull be n legal- 1 concelve, then, that the law of the case (s plain: that, a5 to bonds lssied prior to Feb. 12, 187, the Goverument bas the Tugal and moral right to pay in sllver or gohl at its ontlon; that, A8 to bonds fasued since that time, they nre pay- able only in zold. While'I helieve the law of the case o be a8 stated, and that the Government has the moral right to stanid upon ita legal rights without in- arrring . charge of unfaftuess o s desling with its creditors, there still remains the ques- tlon of palicy, 1t fs to be cxpected that the current reventies of the Goverunent will be something more adequate to Its current expenses; but 1t s also to be expucted that the timemay again came, and mora than ouce, Wwhen the tiuvern- 0 nccumulation can and inidividual debts. then | risht, which thoy hinve enjoyed for elghty yeara, bonds o Individual Both these as- the trecs of the forest before the whirl- fundreds of thousands of strung men have goue down too late inlife ever to riso Untold_millllons of onee valuable proj erty have passed under the hammer, lost to tho former, and nearly worthless to tho present ages, has been gold tmentwillbe a bor be made ns a provision of the Government In case of another war. 1s too much to expect that we shall never again It Is oll-tmportant that the Governtent of the United States be able to ob- tain money at the lowest possible rute of lnter- ‘This”may be sald nut only with reference to future loaus, but with reference to existing Indclitedness. It is but a commonplace observa- tlon thas the debtor who is inost scrupulous in meeting bis obligations obtalns moncey upon the most fayorabie terms. (The United Statca Government was nlways most scrupulons in meeting Its oblizations; but that did not prevent it from having to sel) its coln-bonds at from 40 to 60 per cont of thelr face. Russia has always beon most scrupulous in meeting her obligatlons: but, during the present war, sho has been forced to scll her gold- ponda at 73 per cent of thelr face. She suffered an cqual shiave during the C‘lmcnn war.—En, in all exchanges, o mouey of the posed 1o he about 3 per ceit of the . 1t s the mensure of the not the value itaelfy but the values are reulated In excliznges by their incie- Around the idea of thic sucreduers of private rights and propertyy the protection ann equal meastirement of vah relations of civllzed man ) without that iden, mat e refations of civilized soclety, so long ad- hiemselves to the unlversal dea that and wolil nre the world's measure of the world's value, cannot be suddenty disctirded by all the Guvernments of the world without Misturbing the relation of vaiuo to valuo tho y Government on the face of tho globe should "attempt It the fnal result wonld be a change of of the world,—not o change of tho world’s values or menaurc of valucs. Natfons have comne and gone fn _all historys but siver, a8 an klcal mcasure of value In ex- change, has stood all changes of all natlons, and 1s older than the Pyramids. “T'ho tact tuat, In “cvery clvilizad country, the same conilitfon of thungs cxista as with ne, shows that the causo of this condition is gen- oral, not local. Tlard times; comnercial dis- tress: anid Insolveneys lahor idle, unpatit, and usciess; industry crippled fu cvery prauchi profitabls and business-men clles; corruptlon, erime and waut hand fu | riot, thu threat of the Commune,—signa of nup- heaval ant aocial disaster ns much fn Engiand, and Germany, und everywhers ot to the chatizoe ln ure of values which lus put the relution of yatue to value in such disturbance that capital, while abundant, dare not lend, sud business, though stricken, dare not borrow while Jabor, buslucss o No more {r it true that those who still stand crect can stand up agnlnat » further deprecia- tlon of thelr remaining property, represented Ly the pregent premium on goll, The property and credits of the country aro hi with hollowness by and confldence be engaged In war, world's values, the withdrawal of money from the chanucls of trade, Every day witnesses the tumbling of hanks and business-men into the vortex of bankruptey. The money of the conntry, to a large extent, remalns Idle for the want of safc aud profitable cmployment, und starvation stares the upem- ployed laborer full In the face. Nelthier Is It truo that, when this 3 per cent premium has been wiped out, we ehall bo toon the bed-rock besond which depreciation cannot The downward road in prices, when once entered on, 18 tho downward road to Hell. There Is mo turning deseensus Arverni, cxcept by a square right-about- y-suttled, permanont, and Irrevocablo demonctization of “ellver in this country—a accomplished In any other l—would bave o very power- 1ut infiuence in favor of the crusade now fully organized of money, loagued ogalnst labor, to drive silver from " the money-stock of the The effect of this, Wwhen fully nc- ucs, have all the themselves; wlde world over, the Gouvernments lace In this fearful thing mot vet full country in the worl The abscnee of ersonal responsibllity, the chanizes in oflicial fe, and comparative case with which peaple can find pretexts for refusing to liquidate public ohligations, must alwuys Lo an element of Insceurity in nking alonn to a Hussia I8 troubled with- popular Government. TrinuNe.] The ont any such drawback.—ED, feellng of Insccurity was doubtless une of the canses of the low price which the bonds of our Uovernment were sold at in Eurove during the {The fecling wns not based upon any breach of fuith ever committed b ment.—En. TRIBUNE.) adopted which would give countenance to tho theory that our bonds ure hot & securo Intest- ment, And, to avold auy such suspleion, Is it not.better to lean n llttle mination that o charge of stouping shall at- Silver bunds are a good Invest- ment,—Eb, TrinuNz, While we have the fegal right to pay bonds fsaucd prior to 1573 In sliver, still, inasmuch ns silver hiaa depreciated in value afuce those hands I8 1t not gold that has appreciated f to be a legal-ten- values of tha whole world ln comparison with old neardy or quite one-halfs aud all tho way rom our_preeent (ntolerublo condition to that Hell of finnnclal ruin will be strewn with the wreck of human hopes and happiness, Theso are not overdrawn pletures. The orleinals are 1o be found m every comwmunity, both East and de- Nigh and low; 3 the mob, the as hioro at home, 0 world's meas- ravely told that it s best to suffer the evils Tncidental to the demonetization of silver, nud cousequent contractlon of the currency and depreciation of values, in order to Well, let us sco what this back In our ddeter- wvold n greator evil, greater evil s, to cluteh the throat of both In -reorisal, rewonctization gland demonetized sliver long ago; and the German Statea and Austrls demonetized gold in 1857, The German Emplre In 1871, to correct demonetized sllver; and Union In 1374 restricted The United States Bu- would produce of hard metallle money, and a conscquent rise 10 prices,~a flood of silver and an fuflation of Well, this 3 frank and 1t weuns, In plaln English that tho<e who nre huying up onr labur and desiro to buy them ut Nuw, 1 only re-echo the volee of millions in this country when I'say thut 1 would refoice to sce avery plecs of broperty In 1hia country worth as much to-day fn_gold and t was fn greenbocks in 157; and 1 God that tho then owners of every 1d be refustated, us lu the Year of Adablice, fn thelr Jogt possessions. A flood of asilver wontd certaluly bo preferable to a flood of uNE], has ceased der, and puvment therein would, in fact, ns motters stand at presont, be payment In o de- preclated currency, is it ot the “wiser and bets ter conrss to treat all of our bonded indebted- ness allke, and forogo tha privilege of nagment {n silver? For myself, [ £ce nothing Quixvtia s, and deem It the wisest coursu to pursue. nicricat people will never cansont to the cstablishment of a golden-privilege—Ep.) 1 bave not the requisite Matn ut hand with which to moko the nccessary calculation show- {ng what the expense of this course of proceed- g would be, but I fell assurcd thu sulely with refercuce to a refuud present debt at o lower rote of we should fnd the balanec-eheet tn our favor fn no ronote space of time, cven should sliver vomains at its prosent value. bu trug, 08 claimed by thuso fn favor of re- monctization, that the ellect of such tegislation will bo to cuuse o marked appreciation ju the value of silvor [They don’t claim or admit any- thing of tho sort.—En, Trinusg], then it apparent that our Governuient would find still Iess advantage in maklug pavinent In silver, 1t a foir to expect that, with somo legtulation rowldiug for the more extensivo use of sllver, ts value will bo enhanced, though probably not to tho relatlve value with wold as i exlsted prior to the War. I should think It safo to provide for o coinage at about half-way between the present cotnago aud guld value, and make it leszal-tender for all debts exeept customs and {ntercat on the public dubt. tho mistake of 1847, vulues, 1t 18 called. 1 honeat, at least, the free coinage of silvor. n 187Y, without the knowledze of the peuple, or even Government, demonctized silver, laxt two deeades have meen nearly all the arbitrary changes in the world's measure of values that have beon msde amon I8 it strango that, in the tre aensitive balance ot the world's trade, the far- oft East was the flrst quarter of the glube to respond With exchatge at 18 per cent between Caleutta amd London, and commercial bunk- that shook to thefr full English housces a8 Dritish rule in Indlat It s fdie to recriminute. mient {s not alote to blanie. and the struggling peoples uro tryimg to recover the old equipolss of value, and will bavo it, or Revolution, Ttustore to silve econvimy of L thne values to every kind of property, most of all to that kind of property catled enpl- tal, whicli is stmply the prombs anottier, and fur Its value ability us much na good ful tho promise, whether It be n natlon: or au Indi- vidual,—that pecullar klud of proj aiways suifers firat and wost {u wvery change, and §s alwa beeuuss it ia neitl rty at present pri lower flcures, [l clvilized ting and Bt let ussce how creat would b this drended Inthation on a sllver by ctizud, and as bulllon, Is worth within 71 ver it ot gohl, aud, should welther sliver advance ner eohl recede, and all values bo luftated to the stundurd of sitver, it would nuly be on increase of 3lg per cont on preseat valugs, I thiuk tho country could survlve an advance to that QOur own Govern- Silver demon- ‘The deed Laa been its old-time function in the ore ti)lll'-' Al The hape of the peoplo 18, mude 1o wistake In placing you In a position to proteet and vromote thels nterests; and that vou will make no mistake fatal to the success of your Admintetration, 1 reserve the right to maka this letter public, Your must obediunt, 3 of vno to puy thut they have etds upon lum uf the maker of v which ureut s «deatroyed hy rovolution, er Jundy solld or Huld, nor, tanuible fn any form, jv csus or In futuro, In tho rudenges when the code was, *“Let Bim take who may and hold who can,” there was property vistble und tangible, but no capl- tal$ and there cun he no capltal in auy age with out jusifce and cqulty. Without ellyer rostored to Its place as tho measure of value,~not because It iy casential in itself, but because mankind cannot without revolution gettle upon anything cleo than sliver and gold as such measuro,~this world-wide de- struction uf valuos niwst go on and on. busincss becames baukrupt, and busluess-inen, {u despalr, full to meat thelf own engazements A PLEA FOR GOLD PAYMENT TO BONDHOLDERS. Ta the Editor of The Tribune, Cuicado, Dev. 13.~The average cltlzen fecls some interest In tho peading question of what i3 called remouetization of silver, and yet finds same diflieulty in arriving ot a conclusion elther way. At least I Judgo such to be tie fact, from revent conversutions on the sublelt, us to othiers, and I know it 1o bo o with myscH. 1 do uot understaud that any one claims that liver 1s vot mow, and should not continue to be, a part of the colnage of the country. Nurls 1t material, exvept us 2 matter of convenfency, a8 to tue character of the coinage,~1i. e., whether it be In dollars, half-dollars, or smaller coin. The vroportion would doubtless bo regulated by the wants of the community. Tiho material question by, to what oxtent siiver shall bo n Jugal-tender for dubts, public and private, and wore especlally for the debt of the Uunlted By the nct of Februa monetized,—l. e, censc for the debts of the Hovernment,~ceascd to bo Can the Huverpment now say that obligations f{ssued winco "that perfod shall be payable {n something which was not aoney when thosu phllzatlons were s creditor ubjeets, I am | with Justice_ s issued In 1875, A NATIONAL POLICY WANTED, £. C. Lanxep, Exq.—DeAn 8iu: Tho state of my health docs not perinit mo to attend pro- tracted polltieal mectiugs, but I read with deep futerest tho reports of such meetings, spocch I read with foterost, and Its peroration, viz.: “Every man among us should devate his time and Jabor towands tho reinonetizing of sil- ver, and the festorution of the currency of our fathors."s You probably meau our Revolutfon- ary fathers of Amcrican Induperdonce, for they are the real fathcrs of this Republic, Our Co- lonfal fathers aro mere myths, hard from the When and this condition of things {8 gencral fn al sections, then the Natlon becumes o collective ngKreizate of baukrupts, and it s but a step— | we short ut that—to the repudiation of all engugo- menta, national as well us lndiwidual, To prevent ity the causes must ho removed which ~inovitabty led to it danger, atieud of all alike, and as sure to Jullow the attemot to pay €14,000,000,000 n gold os auy futdre event eat be, then, with thoss icle terms: debtor and creditor, lonest and - dishon hoy are unworthy of ti preme momen aluea and conl landlog of the Pilgrims It is a common to maks a great .0 as wo are mow, with a deranged currency, Yot ug, have; dene, and a prostrate trade, commerce, and {udustry, All our fathors wero flat on their backs, and tocs sticking upwards, This was too much for the Adamases, Han- cock, Robert Sorris, Alexander Haniilton, and Washington, as well as others who might be They struck for reforn 1873, sliver was de- to be a legal-tender and will nefther rostoro Jus! oncy, nor are no Divine rights of Kings ju this He who risked his money at usauce tusustaln the country in the hour of civil war Ias no wore sacred cfalm upon that country saved than the great middle who rlsked thelr Hves, e s the money loaned at usanee, % 1t {8 80 nomtuated lu tho bond,” That's a good contract, nnined, o tolerate, liberty, and fudepenuence, not realize tho finpos great contliet, but soon was tho “sinews of war Hued to think he could * You cannot pay my bond, silver, 'Tho promilse “was to (The promiss was to puy at mouey ! Why, leeal tmoney You cannot, ! working class ved both vountry overad that” inoncy and the great moving d muster-splrit In all public aud private eu- rpri y Just In thme to save our waning cuuse, Rubert Morrls camp forward with hils nroposition for the Dank of North Awerl ‘Ihls bank bad an extraordliiry effect in yest public and private eredit “In the country, wus ut lminense utllity in pubiie and private tinavclal operations, althoueh It was begun with the vl capital of $100,000, ‘The wouderful ciTect of that bank stimulated the estabiishent of the Bank of the Usited Btates upon 8 larger scale and the plaw of Hum- fHon, say S10,000,000 capital. This country o mtxed currency ol gald, sl baui-notes, ull of equal Vaie, andconvertibla Tronn one o the other ut the wiil of the holder, without discount ur clisee, vurreney uf vur fathiors, wias uverthrown by the wild Sub-Treasury sehiemes of Jacksonund VanBuren, ull the linan- ciol uperations ot e country have been fna ! chiaus, cuntustun, ubd derangement,— 1he mere foottall ol the mmoney-chungers, as were Kleked out of the ‘temple in thoes; and our Natlosal, State, County, and Municipal Treasuries bave been robbed without Buch things and dulngs the fuancial und cur- at the wsulne of tho boml, wmuke unother standard after our con- us mude, as to that cuntr you do this, or attempt by law to d 1o the extent that 1L operates unfavorably to e, be u law fnpalring the obligation of your bond; take thou thy i blood, thy lauds 8nd goods t Venlco, confiscate, Lut's good Liw, Congress il this thing unwittingly, unknown people, upusked by either creditor or West, North or South, It changed, In the twinkling of an eye, every relas ton ot value do this yation, The old condition 1t1s not even a debatable question umony the masses i any sectiun, East It 48 shiuply the speedy remonetiza- tlon of sliyer now, or the revolution of partics sud repdlatlon i the near future, uot fall back upon thelr moncy, and call men slarmists who stute these unwelcome truthy, They wsre facts, 1o be fooked 8 hefore it 14 too Jate, when the bl neither pOWET Bur (OLeY Can preveut an out- raged people from actiy, ceasity which kuows no RESTORE THE DOLLAR, To the Edlor of Ths Triduns, Cit10au0, Dec, 13.—Tbe udvocates of the gold stundard clafm that the desire of the grest misss of the peopla to bave the sliver dollar restored 10 Its thne-honored place 44 a part of the legal- tender curreney of the Nation, arises from dls- honest tuotives,—a desfroto pay thocreditor only about 92 cents Instead of 81, Thu truth s, the reasun the peoplo wish' the restoration of tue siiver dollar is, that they maoy have the meaus 10 p3y thelr Judebiedoees. when it falls due, in thecurrency lu the coutract stipulated to be pald. ‘Thls the people arc willing and deter- mined 10 pay,~—this s‘l‘m’ of deshy [Ths unswer to thls speclous sophistry s plain uud direct, In 1370 Conuress nuthorized the Secerctary of the Treasury o ofer new Londs bearinez 5 per cent, 3¢ per cent, and 4 per cent, in exchange for the outs! cent bonda; and the law under which all these uew bonds were suthurleed to b fssued espect- uily enacied that’ auel bonds, principsl and futerest, should bo payuble by *coln® of the Cnited States *of the present [1870] standurg value," ‘Fhe luw required that this condition whould be aet fortn i the bond ltself; and sl the bouds lssued sluco July, 1570, recite, on el lace, viz.: ‘Fula buud 19 Issuea §o sccordance with the pros elous of unuctof Cungress cutitied **An scl sutborkie (he refunding of the uutivua proved July 14, 1830 Jau o, IST1"sand of the Luited States after the 1ot duy of Reptem- ber, A, 1. 1601, 1§ corN of the etaudard valuw of the Uulted States on vald July L4, 1850, with fu. tereal an auch culx from the day of cate boreol, must be restored. ‘This, slr, was the Since that eur Sl st uure in the luce andishiments of 1 Lhiat suprewe * ne- " N constIEnty OF HIeR were nul'l.mmvu' u o reucy systems of our Hevolutionury fathers, Wi buve beard cuowzh of the ritver dolluse of we will all g for thei, will all %0 to the d—ogé without that wighty qui-k. ‘Ihe sestoration of the currcocy and fscal affairs of our [athers will b ouce chcek the downward tendency of all our euterprises; witl Put & stop to the sobbery, thivving, and plunder whicn are now the malu featars tu pubile trusts; and stvive the drooply, disvouruged, disheartoucd, au tuended by un uct spproved s redevinable at the Le, these bouds lesued slnce 1878 contained ou their [sce'the contract that they were redeem- nble at the pleasure of the Government ln the coluof tbe United States which were of staud- ard value, uot do 1577, but in July, 1370, Every man who bought one of these bonds bougbt it with the coutract that it was payable lu the coln of the Unlted Statee that was legal-tender in July, 1570.—~Ep. Trisuxe.] Loukiug at the letter of Lthe contract, I shoul eay that bouds isaued prior to Fov, §3, 1873 AL the time of thelr b a legal-tender ot the rate ot 412} wrulus toadollar,” Thecontractuponbonds Msaued at that thwe wade thew pavable in such culy, aud 1 do vot conceive that the set of 1574 could claoge that contract, Liisclatmed by Bcustur Keroan the Secretary of “the ‘Treasury sal Louds were payalle lu guid. law, or uf substautial juatice, I do not sec how uwny boportauce cay ‘be attached to soy such rtatementy kven U mades Goverswent buada wre bouad to know that the apirits of vur prustrate peo- le. 3 The cclebrated and lucld Report of Alesander Hawmtlton {a still extant, though scarce lu thly It should be carefully resd, studied, Al o b pigre) universal sestiment of the people, If we may judge uf that sentimout from the press of the country, und (rom the temper of 1h great silv er-demousfration at the ‘Taberuacle Thursday nigst, Ts It reasonableto suppose that the silver dollsr, when wade by law a legal téuder, oy fa the gold dollar, will bo less valuablet The United States notes, which are mure promista to iy, and which upot thetr fave disclose the 1a°t thit they are wot duc aud never will be,—uo thne of paviweat belng spezt- cents below gold dn valu a—gold —atandded. Tt sboul, tiese notes arg a legal- while It i3 cgal-tender fur Buch 'y much tbe state that it wus when the master wind of Hawilton was called by Wash- fugton 1o report a plau for reilel. "The ouly dif- pulation and wealth are were payable in s suance slver w ference &8 that our greatly magnitded, an; that were ot even dresined of by our revolus stract aud superilcial manaer in whith question (s now discussed culated tu vooluse the wiost lndusirivus student, aud confouud the casual reuder or listeaer, twaguitude und fmportauee demand now the deepest resvarcl und 148 best efforts of the Wost eI patded sud cXpalaive Wwindy wwongd us, As 8 watter of tied,—are only Yarties purchaslog only for certala purpy. propused Lo wake sllver of the I dn eltter Tlouse of Congresg—ED. TRIBUNE] ali purposes. It & pronuse topay generally, without. promising when the payment shiall by made, I, When measured by e single gold stamdand, i value ouly 31y cente helor satd ol standard, s it tou nineh 1o suppoes that a sliver dollae, which by law may \u'rlnrm all the requirgments of 4 guld one, will be less valia- ble! Clearly not. 11 the holiers of our honds, natfonal and cor- wrate, at home and ahroad, were nat blinded v thelr avarlee, they would confess the mon- sirons and infamonsi charncter of the law de- munetizing silver wihich was, tn thelr Intercst, surreptitiously, and {n feaud of every debtor in the Iand, & well as the Natfon, worked through Congress, to the enrichment of themseives, awd tu the consternation and deatruction of their vletims, the poor and mildle classes. It Con. grexs bad the moral right, surreptitiously, and THE PRESIDENT'S MALADVISERS-< JOIIN 811 TAN 15 ONE OF TINEM, Tn the Editor of The Tribune. Ciricaao, Dec. 14,—Winla the antl-Adwinls- tration men are trying to et irarta and Schurz out of the Cablnet, would {t not be a good thing for the sitver-lollar men _and anti-resumption- Ists to combine and forco Jobn 8herman out, or to Influence the Preshlent to dismiss himi One of the resolutions at the mass-mecting last night nsserts of the Prosident that ¢ We have rood reason tobelieve that s judgment has Heen warped and misgulded b{ the bal counsels of his constitutional ndvicersinto the adoptlon without the question ever- having beeti Pre- | 4 3 jine of policy which would give the bond- wented or agitated before the veopie, to destroy | $iliers wnduo and unjust advaninge, greatiy to niore than one-half of the carrency of the Na- | o totriment of the people.” And that *We tion, aud thus increase onr burilens, natlonal | e 16 hope of returnin and Individual, and at the same time take trom the people the meaus of meeting their obllgn- tlons when they fall due, then Congress has the same moral tight to destroy the other aud re- maining portion of our legal-tender currency, lmlhrruh and paper, and thus put every debtor in the land st the absolute wmerey” of his creditors, 1id not fn 1873 suppose ft_probable or possl- Ule that Congress—n bixly of Christlans in a civilized country—would pass a law demonutiz- ingsitver. [ do not now supposeit probable that a law depriving the peopis of all legul- tender currencyy will ever he enacted, Yet, in view of past legistation, and the delay In re- storing Lo the prople that which is thelr birth- promurll{l in the n:‘m:mnl volicy of the Presfent and hi advisers, Now, the worst of all thess maladvisers s John Sherman, of whom many bicleve he was the pold agent of European holders of vur bonds (n the secret aml corrupt demonetization of the silver dollar: and, I such iras the case then, he doubtless is atil in their em- ployment, Ile certainly has been, and atill s nctlve in thelr fnterest exclusiyely; and it durely 1s an vuwise thing for the American Eunplc o allow so Important an offfve as that of Recretury of the Treasury to be liekl -by a man. who s ‘plainly scting againet thelr interest and who s suspected of having been pald Lo 3o aet, - While this swonld be unwlse at ol timcs, it now, in theeo times of fnanclal distress, the hight of folly to permit such a maunto holdt soch a position. Supposothesilyerdoliartoberemonetized, and the reswnption luw to bo repealed or moditied, Yie, ns Scecretury of the Treasury, could still hin- der the operatlon of measures futended fur the r‘e“fi( of the conatry wnd he no douht would doit. It scems to me, therefore, that it is important not only to securo proper feglslation on thess Auaneial 4wenumu, ut that we also have a Sec- retary of tho Treasury who will use all his powers anid oncryzies to bring out the best results from sich legislation for tha good of the people. ‘Thls Johu 8herman will not do. Yox l'os. s mal- and of which they have beew unjustly deprived, at the instigation of the Money-Kings, we may well fouk with gravest apprchension tothe fu- ture. It is to be hoped that the people will not, durlng the coming recess of Congress, forget their wrongs; amd that, en the reassembling of that body, they wlll insist, In more emphatie terms that ever before, that their rlghts shall fmmedinsely be recognized, amd that the silver dotlar shall be restored ns i legal-tender, with- out Muiftation or yualitieatfon. Respect fully, 4o W. Beacit, Tabor, i HARD TIMES, Al rRove To the Editor of The Tribuns Cuicano, Dev. 14,—For the past twelve years o have seon the legistation of this country in i1 luterest of the bomdlolier and the capitat- tat,—tuaking the rich richer, the poor poorer. Act after act lus been passed to inprove the publie credit, aml cnhance the value of the paper money and the Government honds, until 1he bonds that were bought at porIna currency valued in gohl at more than 3 for 1, are now worth 1,20 In a curreney valued at 07 in gold ond par in siiver,—the result of which is, that ’ one-tentls of the population hiavo been enriched, aund almost nine-tentbs fmpoverished; the up- preclation in the value of money has produced ot least four times the depreciation i all com- modities and n renl estote, hus thrown out of active emplogment at least25 per cent of tho labosing cliss, and reduced them almost to pouperfam, and made bankruptey the rule, En- terprising men have been made insolvent, and the widow and the orphan havo been reduced to poverty, by the shrinkage In values, And yet wo tlo not seem to have satistied the Shylocks, whostill cry for inore—moro; who, delighted with the demonotization of sliver, nre howling At the prospect of fta reatoratfou to its former place us legal-tender; who demand the inme- dlute rvaumqlluu of wold-payment at all boz- arde; who demand the pound of flesh, even to thig sacriflce of the 11fo of its vietim. Let us pauso o moment aid take a view of the flell, After a severo coullict, n wise General wives his actay an (mpurlullll‘i' to recunerate Its 1 | steength, und dues nut needivssly extinust and sacrifice Wis troops, What the country now needs §s_recuperation,—rests and how ean It best be obtafneal Certalnly not Ly a further saeritice of the debtor cluss, who are striviug to Kkeep themselves afluat, wud, by economy aud closn salling, to llquidato thele obllsutions. In overy fssu of tho Journas of this «ty, column after column of: foreclosures mn{ b seen, nd- vertiscments of bankrupt stucks @l the popers, and houses In every block ure offered tor rent af prices that will nok pay 8 per cout net onu fair valuatton, abd wost of the uthers ure ovcupled with tenants who ure unable to puy thelr yents, or whu are dolnr su nt the cxpenso of thelr vapital, How Jong will this state of things bo allowed to contfnuel How long will the masa of our rfl[lulnllon rest content! The appres. slon of tho wany by the few revolutionized France, and pave birth to anarchy and confu- lon, which wers only wrrested after the deatty of thoussuds of victhms und the destructlon of miliions of prppesty, . ‘The bistory of France.ls | the history of cvery ‘othier nation, dnd continued oppression in- all” cases los produced, and will produce, the eawmo resulta. The people are tong-sutfering, endure muchi but patience cests Lo be o virtue, and the trodden worm will turn againg and, I speedy relict {8 not affurded, there will o forth o ery throushout thin land that witl b heuptl oven i Wasbington City, and its reaonanco sl make tho represcnt- atives of the people tremble, ‘Tlic tmuss of tho American people favor re- sumption of speele-payment, and ure bitterly and decidedly opposed to any and nll measures that will prevent it, whotlier such icasures como from roenfled * Greenbackers " or 4 (joldites,"'—the one dumnndlxl?' depreciation, and the ather appreclation; the former opentng tho toodgates ot clmnr moiicy, the latter dam- nlnlng uo the stream of healthy currency-cireula- tlon, 4 ‘There is no confldence among the pcoplo as to resumption In gold; hence, nucertainty and an unsuttled fecling, o hiesitancy on the piart of coterprise Lo embark ju undertikings, cumploy- fugz enpital and Jubory, upd money Hes tdio and factorles are closed, But that reaumptlon ls “I OBIECT,” To the Editor of Ths Tribune. Cnicaco, Dee. 14.—1 had antlvipated belnz able to attoud the *great uprising” In the interests of tho silver dollar, held luet evenlug in the Tubernacle, but at the last moment was urevented by unavoldable circimstances. I expected, fulooklng over my Tuinuns this morniug, to see reports of speeclies and read resolutlons adopted by the mecting which would redound to the honor of the veople of tha **(ireat West,”” Nat I nm sadly disap- pointed fu that clause in the resolutions which relates to tho Goneral Appropriation illy viz.: Resolred, That wo will resist the cousummation of this wrong by all honorable means withln our power. We call npon hoth Tlouses uf Concress to instet upon the repeal of the demonetizing act, and tho restoration of Uha silver duilur to 1w et ful place In our curzency; and, 1f the Presldent shall, by tho uec of his neuntive, mncceed in des feating the bil), thon wa call on Congresa to append a munllor, :cr«nimg clauso to tho tienornl Appro: priation bill, and stand Ly it to the Tast, with full eonfidency that the peaple will assurcdly etand by them. While professing that wo Intend uslng any honorable meang to bring about a resusuption of the legal-tender of silver, it strikes me that this anntls all professions of huncsty on the part of silver advocntes, If it 1s allowed to go na llm sensc of this great mecting, We cannot afford it, and I'ntn surprised that such a resoli- tion coulil be amuggled into a serles, und bo adopted by nmeeting comprised of business- men. By all_moans have thia clause struck out of the resolutions, it 1t tukoes unother meeting to dolt. We, 8e business-men, cannot afford to have the shameful proim&lllon go out tothe world that wo are ready to resort to any such dishonorable act to acconiplish our purpose. T am auuncompromising advocate for the ver dollar, but don't propuss te lend my sup- port ton eause that requires o dishonest act to accomplish a successful end, Vcfiy traly, . MiLLARD, TIE 4-PRR-CENT NONDS. To the Editor of The Tritiune, Jouier, 1L, Dec. 14,—You speak, in your fssucof to-day, of the Govornment lssuing o popular-toanssilver-bond, hearing 4 per cent in- tereat, fn sums of §25, 850, $100, aud $1,000, and receiving sfiver fn payment of tho same. * You ¢lalin’ that the American rnnpln will {nyest in these bonds ubout as tast ns the Secrotary of the Treasury could print and fssuo, tho same, and, with the proceeds received, cull in all the oittstunding G-per«ccnt boneds aud destroy them, Now, thia may work all right, and 1 have no deubt it would; but, at the saino time, would it not take all the 1ooso money that should be in- vested in business, and lock it up tight] Would it not make 8 ‘:uod Investment for the capltal- st Ilo would finmediately place hts money in them, and draw bis little 4 poP cent, aud let'the suffering busincss take care of Itself, Wonld this not be jumglnn from the frying-pan into the firod BUBSCRIDENR, [The mere substitution of a 4-per-cent-bond for a G-per-cent boud would not increasc the amotnt of money invested. There aro ‘about $i00,000,000 of G-per-cent bonds outstanding; to lssuc an equal amount of 4-per-cents, aud pay off the 6-per-cents, would not Increase the amount of money locked up. tho difference between 0 and 4 per cent, It 1s true, the chances aro that these 4-percent bonds would e taken by our own people, who havo thelr money now luvested In savings- hanks, 1€ tho Goverument, wlich is a barrow- 9, country will reap the benetit, When any kind of Dbusiness offers tho *eapitalist " more than tho 4 per cent, ho will not hesitato to sell out nis boudd aud go to ihe rellef of the “sullerlng busiucss,"'—ED. TRISUNE.] P standard, and Fratico uses both zold and silver, Resides, the immediate use of the latter meta) will be in uldine the resumption of specie pay- ment, and aifects us more direetly, di the pres- ent nt least, 0s a people than the foreign bond- holder, a8 dm bonda ave not due for some L, many of them running thisty years, aud, cre thele maturity, gold way be the cheaver metals 1 nm rather surprised that two of our Repre- 3 | mentutives shonld Lave placed themselves on record a8 opposed to remonetization, and would warn them that, unlees they change, they will find thelr constituente Wil relegute them 1o ob- scurity when thefr pressut terus explre. 1 irmly belleve the remunctization of silver will restore contlidence, aud will ve followed by niure prosperous thne: E, T TREE SILVER, Ta the Editor nf The Tribune, Cnicaao, Dec. 15, —~A great many persons who would like to sce silver remoetized ob- Ject to the Bland LIl on account of the Iree- coluage clause. Why should not the Govern- ment have the profit of the operation, ol the Bouauz-Kingsi Ths point d seem to havo been touched upon at the Taber- naclo meetings ana, this disttuction not beiy, made, o great many do not faver the Bland bill who would Iike to sce siiver utilizod as cur- reney, Yours, ete., INyuUIRER, [The Governmeut has at varlous times de- termined by law the welght of Lo several colug. ‘The silver dotlar, from 1303 to 1873, contalued 8T - grafns of pure allver; 8714 gralns of pure silver was declared by law to be tue American siiver doilar. The Governments of all countries bave (rec colusgo of all legal- tewder colus, Uold sud silver dollara were colned at the Mint on demand until 1873, Gold was coloed there fn unlimited quantitics, for the awners, during the forty vears when the gold dollar was only worlh 67 cents In silver, Gold 1v now cofned for tug owner I uulimited quan- tity: Freo colnage s always allowed excent when the Government controls, that it may Hinit, the coluage, Wiy should she Govern- ment buy silver at whatever price it may choose to fix] Why buy ellver any more thau pork, or cotton, or tobacca! The Govera- ment is not & speculator, 12 it bave s colu- standard, why ought not the chiizen receive nis silver dollar for cach 8713 gealns of stiver de- poslted in the Mint, The Goveroment assumes o ability or responsibitivy for the colu lasucd by the Miut. It stmply provides thal a certain weight of sfiver shall be a dollar, and o certaln welght of gold shall boa dollsr. Any person bayving thess welghts of thess metals should have them coined nto dollars. The Goveras tment ks no stiver; 1f 1t gues foto the busiuess, 1t will bave to buy the metal, and its vperativns will be wore or less limlted.—Ep. TRIBUNS.| PAYING DEWTS. IN GOLD, To the Bdutar of The Tridune. S1A0TVILLE, la., Dec. 18.—Your articles on the sllverquestion | thiok aresound. Wouldyou kiudly answer mo the following question: Sup- pose to-day 1 buy, esy, land valued at §5,000,— $2,300 dows, and_the balance, 82,500, say the 24 ot Javuary, xsmx nd resumption takes vlace the st of January, 1879),~can they clalm gold in psyment| Your usswerlug that, 1 tbiuk, will open the eyes of many to the dangers ol resumptlon at eu carly & date us Jau. 1, 1370, Yours respectiully, _ W, [The creditor may demand, ucder the Re- sumption law, stter Jau. 1, 1379, payment fu Bilver beiug demouctized, gold, INFORMATION WANTED, To the Editor of The Tritune. WiLuzrrs, L, Dee. 1.—1 want alittie jo- formation on the silver question which 1 bave not been able to obtain, 1 dud fu the Chrkstian Unlon quite an_claborate’ paper Ly tho Hev, Leonard Bacon, D, ., o which he mukoes this potut: That, fu 1853, “xllyer was made o legal- tender only for amounts not oxceuling §3. ‘That was tho demouetization of sllver.” I have not sven this statement elsowhere, nor have L seen it referred to in the debates in Con- orIn any pavers [ bave read on the sub- Seunator Matthews dues not refer to uny such law or change, althongh e professesto quote all the leglalation on the questiow. We want to know up iere whether thers was any such demonetization of* silver in 1853, and, 11 5o, where was the call for cuonetization in 15734 For the legal-tender clause dv what works demonctization. fhu othier polnt lus Was the subject of do- nunetigation so much discuased in Congreas, n 13i49-'3, as §s clalmed by the Natwn 1o the urtl- cle reproduced in the Ereadng Journat? 11 1t was, why Is the clalm that the uet was surrepti- tious repcated at tho meeting lust eveulugd We go fur remonetization ur here on general principles, and because we thiuk it ls just and rlghit, snd for the best lotorests of the wholy people, und s tue only thing, in our opiulun, whicks will prevent therepeal of the Resusuption law, which we «hould regard 45w pubite calumty, But we want to baves [fafr undey- standing ot the yuestion. 10 silver waa de- mottetized by destruyiug its legal-tender char- acter Ju 1359, then the gold clalm In coonection with the bouds hulda good, 8¢ [vun sce this [s quite an mvortant point to sctifle. Aud, it the question of demouetication was extonatvely dis cussed a3 assertud by $he Nutwn, we cauvot very well asser that the passage ol.thie section wasa fraud and u surprise. Jacos [lgarroRo. (In 1833, Congress, in vousequence of the grester proportiouste valus of our silver colns thun the gold colns, provided for the Issue of an loferlor sitver colu kuown u3 the subsidiary coln, sud this coln was tude @ legal-tender to tho swount of $3. ‘Tuls, however, dld uot ro- late t4 the silver dollsr, which coutinued to be alegal-tender until 1573-4. Tho bill omitting the silver doller (roim the list of legal colns was & | ugenerat luw reorgunleing the Miuts; sud that | yection which abollghed the silver dollar sttract- ed no attentiou. because It ubd not wentlon that col, Tuerg were v loug debates ou that part $0 b pud—ED, Tuisuxn) character. Howard fled It ls slmply & questlon of tho rate of lntercst,— pritctical with both old and efiver, few doubt. Tow 1t b a8 n mttoy, § eane | UF by DAYINg theso pecsans 4 per cont interest, ot concelve, low the iwo standards e | can make the fnvestment more profitable to 1l | fmpeactleable, 1 cantot umderstand, | them than putting the money in savings-banks, Previous to the recent demonetization, by yhe sdvantage is a mutual one, sud the nave aolways had the bimetullic wdeenable ia gold, will bave. WASIINGTON. Cause of the Present Do~ mestic Disorders at El Paso, Tex. Entire Absence of Anything International in Their Character. Tho Same Gabelles which Helped Erect the French Guillotine Doing Service Again, Allegation that Mr, Evarts Has Been Putting in His Thumb for Mr, Plumb, Progress of the New Indopendent Party in the State of Georgla, Blaine and Conkling Seen In Cordial Conversatlon To- gether, Bolief that Bonator Morton's Lost Chinese Roport Was Pro-Mongolian, THE MEXICANS. WHAT THE EL PAZ0 THOURLES ARE. Svecial Disnalch (o The.Chicuga Tythune, Wasmnoeton, D, €., Dee. 16.—From Inter- views with Representative Schieleher, military oflicers, and other persons famillar withthe Rio @rande country, the following Information is obtained relative to the troubles which oceurred: yesterday at El Paso: 1he fighting there has no relation to what are known s the Riv (irando Border tronbles, and {s not of an international The Rio Urande troubles are of two kinds, First, one year ngo cattie-thieves fu the Provinces of Tamaulipas and Nucve Leon wera They rendered a portfon of the territory ot the south- crti puint of Texas where it bounds Mexico al- most uninhobitable, The Texas delegation and the Schlclcher Investigating Committee of tho laat Congress mado such rcpresentations that mukivg cxtensive ralds Into Texns. tho President stutloned ndditional forces there, Sinco that thwo ralds in that scction bavo about ceused, PURTHER UP THE RIVER the Moxican States ure partly occupled by wild Iudians. For several montlis they bave made ncursiuns Into Texas, It was to stop the incur- lons of these Indians that the order was lssucd to Gien, Urd to pursue thom beyond the river. From the Western point where these Indlaus have been depredating to El Paso {s about 500 miles. The intervening country s almost un- nhablted on Loth sides of the river. The peo- pluot tho Lower Riv Grando and of the Euylo Pass country have no connection with the country ot El P'aso, ns the roads go fn nn entirely different direction, The small yilluges which constitute EL T'AS0 FPROPER. are mostly occupled by Mexicans, although thero aren few Awvricans, There hos for years been a strong race-antipathy. This has been intenst fled by the recent trouble over the “salt imlues, varties of Americans having obtained posscs- elon of them under Spanish titles, and en- deavored to levy tax upon the taking of salt. From timo lmmemorlal thess mines had heen free. Judgo Howard recently killed Cardls, an Itallan, on_account of theso differences, and from El Wso to Presidio for safcty, Uov. Ilubburd, of Texas, scnt twenty Stato Howard, thinking ho would then bo safe, returned, trusting to their protec- tion. Attempts were mado to mob bim, The dispatches reeelved by the Prestdent and the troops to El Puso. Texans hero conflrm Lhiesa facta. THOOPS WILL NE ORDEKED TIIERE, nlllmufill they may uot arrive in timo to stop ting trouble, as the distance to be trav- cled 1 from 800 to 500 smiles. A small portion will Lo atationed thero pertnancutly to protoct the mails, which have recently been guterfered Representative Schicicher and the Stato Depurtwent peoplo say that the disturbances have no International sicallicance, and no con- th exi with, necetfon with the border troubles, TURE MOVEMENT OF TIIE REGULARL MEXIOAN TROOPA totho border {s fully understood hiere by the Adininistration as a mcasure in the interests of Dinz wished to displace the rungors and iruernillas, who desire ‘to make trouvle, and prake. ‘who aru not under itiscipline, by regular trov) who will_obey rders, and b to precipitate war, A I'LUMB PULLED OUT. One of tho cxplanations of the Moxico situa. tlon current hero {8 the followlug: Plumb, formerly connected, under Seward, with eur diplomntle servico, but of Inte years a resl of Mexivo, b York, Diaz, sslde the T Lerdo, and which had Japsed, roud. These promineut New York vurties have, cen ahle indirectly 1o futtuenco the Hiato Departinent here to postpons g in the wweantime they have been active in trying to luduce Dins to re- store tho grunt 8s the price of recugnltion, 1t 18 chariea, reconition ol Diuz. TIE NOUIE COMMITIREA, Gen, Bauning will remain hers for ten da) 1o prevent, us ho says, war with Mexico. Tha Msitary Committee, of which Banning (s Chalr- man, will sit_during o couslderable portion of Buuniug I8 of opinfon that Seere- tary Evarts has purposely allowed the Govern- ment o drilt very near 8 war with Muxico, and the revess. that it was Evarts’ lutentlou to vucourage a war, In the hope of turniuiz publlc atteutlon away from (uterual political dissensions. Bunuiniz thinks that Diaz should bave been rec- ounlzed long ago, und verv llkely he will able to foduco the Shlitary Committee to sharo his opinion, The Forelgn Relations Committes will lkewiao aft durink the recess, and has the vower to send for ver- sous and popers on the Mexican matter, which tho Military Comulttee has not, S0UTIT CAROLINA, M. 0, BUTLER. Apecial Dispaich to The Chicago Tribune, WasuINGToN, D, C,, Dec. 16.—8enator M. C. Butler, of South Carolina, fudignantly denies that there was any currupt bargalu between himsclf and Patterson, sud prove this by an luvestigatiog comumittee, He claling that his visit to South Carolina had uo relation to any such alfeged bargain, and that be had no interview with the Attorney-General or. members of that as o matter of Deuocratic party ‘policy, tbat Patterson should be tried, even if ho did obtain bis sest by bribery. Other Seustors, in time past, who Bave not been free from that charge, bave been perwitted, Butler tbioks, to retain thelr seats, and Patterson, in the present era ot good [eellug, might be undisturbed. ¢ Do intends to the Legislature upon 8l subject. he does not think, PATIRUSON came near belng troubled uo louger by say In- dictments or fuvestizations, as he was .0 serlously i1l from a uupufl;u of the bowels, Sat- urday uwlebe, that his life was, for 4 time, im- pertled. He ls better toulght, Gen. Butler also states that, Friday lust, the South Carolina Legislature uuaulmoudly adobted u resolution appuinting a commiites to investizate D. T. CORBIY, for alleged complicity in the phosphate swindle of that State. The principal charge 44 that he withheld $23.000 royalty due the dtate, wnd paid it to the Chamberlan Legistature for u seat n the United Stutes Senate; that bo caghed the Leglsiature pay-certitcates and attempted to turo them into the State Treasury, Instead of the ruyalty due ou the phusphates. Tue Blate Treasurer Ceclined to receive them. The reault 1% an sttempt to furce Corblu 1o make good the amount and prosecute bim criwinally. MACKEY, Epeaker of the Chawberlatn House, sald to Gew. Butler thut Lie recerved §300 of the monsy, und kuew of cver twenty colored legislaturs who recelved swwms of the phosphaty royalty ave 1o disposition dent 1a large and vulusble graut for a rahirond connecting with the Internatlonal Road of ‘Yexas, ‘T'his onterprise has behind it n vum- Ler of the most influential capltalists of New upon coming Into power, swept lutnb grunt us one made under Roseeruns hus o charter from the Diuz Government for a rival money from Corbin at tho thao they were be. sleged (n the State-tlouse, BOUTHERN INDFPENDENCH OF THE RIGNT KIND, Snectal Phepateh ta The (Nicv1yn Tribune, Wasmsatoy, D C, Dee, 10.—Inthe elees tlons for the Georgla Leglslature returns re- cetved Ticra show thut In every county whero thero was an Independent candidate, except fn two, those Independent candldates were successful. (en, Gonton thinks this will probh. ably give the Independents cighteen membiers, instead of Lwelve, the number they had in the last Assembly. tordon, speaking recently of the development of thls fndependent movement. in Georgla, declared It was the legitimato out. growth of the President's Southern policy, and that movenients of that rort would inevitauly extend over a large portion ol the South, KENATOR OORDON, by becoming chamnion of the Adwministration I regard o confirmntions, has_put himeelt ot the frant rank of the Independent moveinent in the doath, and undoubitedly lopea ta «ecnre the Tndependent vote for himsell. Other prom fnent Southern Ieaders, including Postimaster. Ueneral Key, to-tay declared that they conslder the Qeorgin elections as indieating the beain. nlug of & new onder of lhlnr,l {n the Houth, The negro vote was divlded, ‘There was no color-line, ond Tndependents and Old-Line Hourbons hoth sought the ald of the colored man, ‘Fhe result has been the great triumph of the Independent tieket above indicated. ’Lu ueket meant sutl-Bousbon. NOTES AND NEWS. GONDON AND CONRLING, Speetal Disouteh ta The Chinian Tribune. Wasisaron, D, C., Dee. 16,—One fact cone nected with the Gordon-Coukling difMculty should not be overlovked to explain the rela. tions between theee gentlesien. Gen. Gordon had felt very sore that he had not Leen able to carry the whole Democratie vote of the Seuatg for the President's nominatiuns, and Senator Conkling, an his slde, was Indignnant that Sena. tor Gordon should, a8 he thouwht, Interfere n a tamily guarrel and put himself forward as the leader 6f llm Administratton party. THE NECOKCILIATION OF CONRLING AND DLAINR acems complete, Tie forner responded cors dinlly, iu the last executive sesslon, to all ad- vunces of the Iatter, and yesterday they ap- peared In conversation in open sesslon, As they stood talking hefore the. Clerk's desk. David_Davls came up, snd, putting an arg around cach, stood for some moments, and une til_everybody on the floor and In the callerics had noticed tho uniusual and friendly mecting, JUDICIAL. ‘Therg is a teport that Judge Henderson J. Fdwards, of Watertown, Masa, will by ap pointed Associate Justice of the Q!lprcmu Court of New Moxlco, In place of McLin, of Flurkla, refected by the Senate, The papera submitted by the friends of Mr. Edwards sliow himm to Lo well fitted for the anpointment. INTRANAL NEVENUE, Burchard, of Iitinols, and Tucker, of Virxinis will remaln'licre durlojz & condirable portion of the recess, and, ns o sub-commitice of the Wars and Means Committee, wil) commento on ‘Tuesdny the considerntion of the revision of the Internal Revenuo laws. TILE GLOVER HESOLUTION, Tt §a claimed that the purnose of the Glover resolution for genernl investization, which falled to pass, was to make uszeof the vast mass of private telegrams which the Glover Committee’ nd not “the time to utiilze fur :;fludul purposes befors the Presidentisl eless on, THE CHINESE, ‘The friends of Scuntor Morton say that he, as a member of the Chiucse Counnissfon, made an Important report, in which he tooksices in tavor of the Clilnesa fu Californfa, and denounced the outrazes upon them, 1t 18 sald that thls report cannot bo found, and that o Seuator of Californta. n momber of & Soclcty pledged to the expulslon of the Chincse, {8 not anxlous that it should bo found. BRERLIN. Consul-(enerat Krelsamau left here for Now York to-night, and wiil sall for Herlin in_two woeks, 1o 18 understol to have yeeeived ns- surances that he will be retatned In oftlee dun ing this Administeation, Krelssman fins been Cunsul ut Berlin slnce 1761, BENATOR ALLISON, OF IOWA, leaves for bomo to-night 1o spend tho holldays, ENTERVIISE ACKNOWLEDGED, For the last few days the London cable dis- patches to ‘Tng Ciicaco TIuUNS laye lieen tolegraphed from the Went to the Enstern papers, and have attracted much attentlon, They contained fuller detalls of the recent fms mml:un ‘Furkish movements than wore aceesal ¢ here. CABINKT CANARDS, There are many Cablnet_rumors here to-day, representing that Schurz, Evarts, and 8herman will retire from the Cabinet, ‘There 1s tho best possibite authority for stating that the rumora are entirely without foundation, aud thet these gentlemen do not intend to retire, and that the resldenl does nut desfro to huve them, BENATOI BLAINE AND EX-SECNETANY ROAZSON X"l’c apend tho Lolldoy recess at ot Springs, rk. ——————— THE WEATHER, Orrice or Tns CuBr Siaxan Orricem, WaABHINGTON, D, U,y Dee. 171 2, m.—Iavica- T10N8.—For tho Lake reglon, warmer, southerly winds, partly cloudy weather and possibly occas sfonal leht ralns, with falling barometer, BAN Frtancisco, Cal, Dee, 10,—Ralning most of tho day, witha fresh southeast wind, and overy prospect of a contluned storm. Dis- patehes frout the interior indicate a general rain probable. LUOAL OBVERYATION Ci 0._Dec. 18, “Tone, | Bar. | Thr|f.) Tin, lizather {Fomky, Hazy, Yain Fu‘m. T3, | 3T, 23,418 90,40 20, (400 8| .23 {423 E T { Corpecie for etévativ Belf-roxts ring fosiru . B, 8. HARILER, Hergeant Bignal Serylco, Us 8, As + GENERAL OBAEUVATIONS. o 10-3idatyhte _ Riin] ITeather BRESSYLERRLENEY MICHIGAN GRANGERS, Bpectat Correspondence of The Tribunt Laxsivg, Mich, Dce. 18.~The Mlichigan State Grange Is now In eession In this city, with full delegatious from all the counties. Tho Master's address referred to the history of tho Order from its foristion, on the 4th of De- cember, 1507, by o practical farmer, ot \Washe ington, to I8 prescnt maminuth proportions. Five new County oud District Orauges have been orgamzed during the year, Tho suspen- slon of per cent” of the suspeaded Granges 13 attributed to the = presencd of members who are uot directly luter ested in farmivg, ond have cudeavored to take the Urange subscrvo persunal futerests. Tu such the Master would apply the pruninge Knlfe, and_remove the dead bianches. Several co-operative stores have been cetablished; sudy as far us tho Master can leary, they are geuer iy successful, aud proving ugreab benctit to R Thelr plaster-mill, run by Messts. 3 aylor, of Graudville, has been the menns of breaklog up the plaster-monoboly, Four bundred aud thirty orders werg received, amouting to 7,000 tons; value at the mill $15,000. The orders were all callected exeept $190, The Master favors o aclentlic, practival farmer beng wade as & member of the Na- tional Cabinet, baving & voics whero bis fu- Hucnce can be direct witn the (Goveru- went; aod aleo so revistog the patent Iaws a8 1o protect luuocent parties iu using articles sold fu the uunu:t‘ and rm—_ vent the extension of patens bejoud the time for which Lhey were tirst granted. Text-books for schiools should be furnished direct (rom the publisbers at Bret cost. In relation Lo trans: portation, the Sostes saidi “Wo arc uot tucrules of rallroals, or of apy corpurstion that will advance our ludustrial Iterests; yet every failure i busiocss, fall ju stocks, ductias tions of Ihf war; t;l(.he l‘ulllug.- L‘lu( r,:;‘hl‘fi: recelpta,—io tact, alinost every calun _ bclnl‘l\i the community, even Lo the Husucad erlsly,—Livharged 1o the Graowe