Chicago Daily Tribune Newspaper, February 1, 1878, Page 4

.a° THE CHICAGO TRIBUNE: FRIDAY. FEBRUARY 1, 1878 The Teibawe, TERMS OF SUBSCRIPTION. pensation, [tis protty generally understood that tho renson why this allowance has been denied to Brocmway, though given to his predecessor, is that Brooxwar hias refased to allow cortain membors of the County Board to dictato the appointments in his office. Dbelieved that remonetization wounld not en- hance tho valus of silver, they wonld domand that 4564 grains ehould be added, and that the silver dollar shonld contain 458 grains instead of 412}, 'The proposition to make a dollar of 434 grains of silver shows that thoy sntic- or foot, the rate of duty increasing ns tho sizo increnses,—the averngo rato nimed at being 40 per cent, which is higher than the present rate, Earthenwaro, china, porcelain, aro taxed 40 per cont, which is no rednetion. Undressed flax is rednced fromn $20 per ton praisors differ. Each Appraiser forwardsa samplo of the fabric to the Duresan at Washington to-night, and both samples rench thoir destination Baturdsy morning next. Moantime the Chicago importer, feol- ing aggrieved at tho classification of the Ap- has not this legend covored with its protecting regis, formed of the deeds of a nobla life, Jonrnalism has much of disgraco and shamo to answer for in the base charactor of this purchased organ of a bold, bad man, In folminating annthemas ngninst the honest, tutionality of forced Issuesof {rredeemable non. foterest notes in time of peace, and sce how “ Enquirer's ' scheme would work If put jp practice. The public would, of course, under. stand that the Government proposed to many. facture enongh frredeemnble notes to buy upity ds. The v Ty m‘;‘:::ho This independent position is one which the | ipala ihe vory increase in silver valae which | to $10; dressod flax from $40 to 330 per | praiser at this port, pays the duties under | upright Marruzws, the New York 7nibune :;.Tgr?l:u "rl:';“ '(;Jl:u v'vlo:m bounlu’lmx-rllglxn:x‘:‘u:?;: 100 | noople will foel moro like enconrnging than | tucy deny, and reckon (with justico too) | ton. 'Hemp and jute and mannfnctures of | prolest and gives notice of an appenl, claim- | slanders not only two-thirds of tho membors | prospect of this cnormous Inflation of irredeem. 538 punishing, and the Connty Ring cannot work | that an incrense of 22 grains in the weight them remnin, with little or no change, at | ing thatthe fabric should passat 60 per cent. of both Houses of Congress, but an over- | able paper. Tho first 50 millions of gold or sit. BT el D:gg ont its spite agninst BrocRwAY withoat gain- | of the dollar, along with the increnso of tho about 80 per cont. In the course of two or thres days he pre- | whelming mnjority of the press and people lv:r wov.;hl' ;ml.—ulnwd mo;latzntc!l{—sn(y T mil. WERRLT RDITION, FOSTRAID. ing & new allotment of public contempt. bullion value of silver, will give the now | Spirits and brandy areto pay $2 pergal* | pares his appeal and filos it with the Col- | of the country. Let, then, the honost press | 2% °F 4 :m"lf:’m’"‘;“u'l: e c';;“;‘;‘ '{':‘ g:‘thn:gy’:’ peryear. o A:w silver dollnr an excess of valuo,so that it | lon—no change; champagns to pay 86 per | loctor; the Collector transmits it to the Ap- | hurl back, in the teath of the gold pirate, o Anothor nttempt ia to be made by the Returning Board defondants to secura ilio removal of their cases from tho State Court, in which they aro now pending, and oftaina trinl in n conrt freo from prejudico or parti- san vindictiveness. With this end in view nn application is to be madoat once to Justico Braprry, who in assigned to the circnit which includes Louisiana, for the transfer of the case to the United Btates Cir- cuit Court. Tho matter will of conrsa Do carofnlly considered by Justico Branter, who will donbtless confer with his nssociates on the Bupremo Bench and Lo guided by their views of the law in the ense. If the order of transfer isissued in responso to this application, the trial of AxpEnsoy, now progressing at New Orlenns, will of necessity bo suspended, and tho easo removed to the jurisdiction of the Federal Court in that city, than 100 millions of the new-made notes. Theg n panic would set in, and what the subsequent 1ssues of watered curreucy wonld bring In colq can only be a matter of guess; but the bottom would fall out, that's certain. Ang, as befors stated, just s goon as the Govern. ment commenced putting this wholesale dity. tlon scheme In force, all the Lusiness of thy country would suddenly be done on coin cop- tracts, and nobody wonld scll or loan onthe shinplaster-repudistion basits. That would by tho [ncvitable outcome of the whole cop. trivance. Bpecimen c Give Post-OMce address fn fall Including State and County. Itemittances may be made either by draft, cXpress, Poat-Office order, ot tn registered letters, ar our rak. TERMS TO CITY SUDACRIDENS. Datly, delivercd, Bunday excented, 25 conts per week. Dally, delivered, Sunday fnctuded, 30 rente per week. Address THE TRIDUNE COMPANY, Corper Madison and Deatborn-sta.. Chicago, 1l Orders for tha delisery of Tie TRinuNzat Evanston, Engicwood, and Hyde Fark left in the counting-room wiilrccelve prompt attention. P TRIBUNE BRANCII OFFICES, will not cireulato at par with the gold dollar, Thus their purpose will have been achiaved. It is folly and very patent sophistry for Mr. Cantstiavor to talk abont the danger of silver at the old rato driving gold out of cir- culation, To begin with, thoro has been no gold in circulatiun for meventeen yenrs, 80 that it silver should keep fold from actively circulating as currency at Lome, we should loso nothing we have been accustomed to, but in gaining a silver cironlation would have ona more monotary agent than we have had at any timo sinco tha beginning of the War of the Rabellion. By driving gold ont of circnlation (if such an expression can bo nl- lowed when thero is no gold in circulation), it can only be meant that gold will bo nsed for foraign exchianges in denling with coun- trics which uso gold alone. This is tho only oxclusivo use that gold will have. Tho dnties will b payablo in silver; the intorest on the bonds will be payable in silver; all debts and contracts will be paynbloin silver; snd thoonly gervico for which gold wiil be indispensable will bo in foreign exchanges. The domand for gold wiil fall off; the supply of gold will relatively increase. The mines of this coun- try will go on producing gold ns industri- ously as ever, and gold will continns tocome into the country from abroad nslong ns our exporta oxceed our imports. This process will not go very long before the value of gold will decline, as the valuo of siiver will increaso with the mew monotary domand therefor, till the equilibrium shall bo ob. tained. The only danger to be apprehended i that tho silver dollar, at thoe old rate of 16 to1, will eventually prove to be too valuable, nsit was formerly, and will requirea read. justment ot the European ratio of 15} to 1, in order to keop tho silver dollar in circula. tion, Wo have often doscribed what tho resnlt will be if the silver men pormit themsolves to ba bamboozled into overwoighting the silver dollar under the delusion of a ** com- promise.” It is safo to say that establishing thio ratio of 17 to 1, and the coinago of silver dollars nt that rate, would instantancously onhanca the value of silver bullion to that rate. Then silver dollars conld not bo coined except at a loss, aud wonld not circu- lato when coined. To continue under this condition would practically demonotize sil- ver ns much as it ia demonetized now, and tho gold men would triumph, DBut if the country should still domand silver dollars, it would be necessary to change the rato and ordor a now coinage on another basis, Bat the now coinage of a fow millions at tho ratcof 16} to 1 would bring about the same condition of things, and still anothor rate would have to bo adopted and still anothor coidago ordered. After tho waste of years, tho loss of millions to the Governmont, and tha defoat of tho popular will, the rato of 15} to 1 would prob. ably be reached and found to bo the proper ratio, nlready establishod by tho experionce of the whole world. Why incur all this con. fasfon and loss to attain tho remonotization of tho silvor dollar? ¥ The simplo fact is that Mr, Cunistiancy proposca a barefaced swindle on the poople in the intereat of tho gold clique, and with the design to still keop silver out of circuln- tion, Wo beliove, too, that Mr, CnnisTiancy knowa this would be the effect of tho meas. uro; certainly those for whom ha is acting know it, Tho American dollar, by right and by tradition, consists of 412} grains of sil ver, 0-10 pure. That dollar to.day will purchase moro of any given commodity (regarding gold ns coin or monoy) than cither n gold or silver dollar five years ngo, when the two wero almost at par with cach other. This dollar of 412} grains, thon,; holds n more uniform, steady, and equitable’ relation to property values than any other, nnd it is the dollar which the peopledemand. "o indreaso its value by Incrensing the weight of silver will bo to destroy tha very quality which ehiefly commenda it, viz.: its stability. 1t iu tho proper standard, and any change in ita relation to gold coin, which has acquired an cxaggorated and fotitious value by reason of an increased demnnd and decreased sup- ply, can only bo justly achieved by changing the weight of the gold coin, ‘Chero s no excuso for temporizing with peoplelike CurisTiaxoy and those whom ho reprosents, They have no claim upen the consideration of the majority, booause their methods are decoptive and their purpose ignoble. Fiuding it impossiblo to foreo re- snmption in gold alone in opposition to thg people, they now scck to exclude silver by anothier but not less efvctive means, Their parpose is to chent the poople, and the vep- resentatives of the people should simply re. fuse to listen to any of their so-called **com. prouises.” THE PROPOSED TARIFF, 'The bill as prepared by the Sub-Committeo of the Ways and Menns Committco of the Hlouse of Represcntatives for tho rovision of tho tan@ was published in Tug Toinvsn yesterday. Bo far ns tho bill changes the forn of levying and collecting dutics, it s o vaat improvoment ou the present systom, as it sweeps away o mass of cumbersome, cost ly, aud useless mackinory, Wao thiuk, how- over, tho bill fails in giving that rolicf to the country jn the matter of taxation which it so sadly needs, and which it has been justly led to expect of Congress. Bowo of the leading provisions of tho Lill, 08 it now stands, may be thus stated: Cot- ton, plain goods, nre classed under threo hoads, and are taxed, unbleached, 2 conts; it colored or printed, 3 conts, Theso. are now taxed at a rato equivalent to 35, 83, and 42 per cent. Tho now average rate is sbout 45 per cont, The finer goods are taxed about 85 per cent as ngainst an averago of 50 per cent ot prosent. The presont tax on jeans, denims, drillings, ginghawms, cotton- wdes, ete., bleached, priuted, or colored, aro now taxed from 40 to €5 por cent, and tho dutios axe reduced to an average of 35 por ceut, 'The bulk of cotton goods imported is made up of hoalery, laces, Lraids, and cotton yarn ; the hostery aud laces now pay 35 per ceut, and aro reduced to 25, while the duty on the kind of yarn principally imported is ralsed from GO to 80 cents per pound. The duty on spool thread is roduced from 9to 7 cents per dozen spools of 100 yards. If-thero bo any class of manufactures that can got along without protection cotton ought to be ablo to doso. A duty uot exceeding 20 per cent would produce more revenuo aud be sufliciently protective. The duties on gless are somewhat iucreased, aud are geucrally specifie, being computed by the squure inch dozen quarts; still-wines in casks to pny nabout 60 per cent ; other wings in bottles, 6O per cent—no change, The duties on iron mannfactures aro mada spocifio on o basis of 35 per eent,—n very slight reduction, Pig-iron is rednced from +37 to $5 per ton., Bheot-iron is reduced from 1} to { cents per ponnd. Stoel railway-bars from 14 to 1 eont per pound. Copper is re- duced from b to 2 cents por pound. In reg- utating the daties on wheat, barley, ryo, onts, ete., tho duty 18 fixed por bushel instead of by the 100 pounds, and the duty on coal is lovied by tho ton of 2,240 pounds instend of by tho round ton. Why shonld there be ony duty on conl? Canned flsh are largely protoctod. Tho classifiention of sugar is amended, and the duty ranges from 2} to 2} conts per pound, Oandy is protected by a duty of 40 per cont. The duty on silks is reduced from 60 to 50 per cent, Woolen carpets are fixed at 50 per cont, and woolon goods generally at the same rate. In consequence of the changes from ad va- lorem to specific rates, it is not practicable to state accurately the changes, Thero is supposed to be a general reduction of 20 per cent in tho ratos, but in this reduction is1n- cluded the long list of articles medo free. As an attempt to eliminato protection, the proposed bill is a failure; it amounts simply to o reduction in the degreo of protection. The bill can hardly bo said to be in tho in- terest of mannfactures for exportation, bo- cause it leaves manufacturers stiil clinging to tho legal bounties. The proposed duty on woolen carpets is an illustration of how protection s ndhored to in tho new bill. The idon of reducing the cost of carpots to consumers has been strongly rejocted. 'The sama may bo sald of cotton manufactures. Though we ought to bo exporting all kinds of cotton goeds, and ars able to produce them for eale in competi- tion with Dritish cottons, the iden of leaving them unprotected or unprovided with bountics scoms nover to have ontered the minds of the Committee. Tho silk in. torest has been protected by o GO per cent daty for many years, the effect of which 1ins been to lend to systematicand successful smnggling, by which tho importation as well 08 tho manufacturo of silk goods have been rendered unprofitablo, and the Governmont deprived of its revenuo. That rate of duty is and must always bo a standing encourage- ment and bounty for smuggling, by offering o margin of GO per cent o cover nll risks, and admitting liberal profita to oll engaged in tho business, If tho duty on silk was reducod to nn average of 30 per cent, there would be an end to smuggling, and the Gov- crnment would collect moro rovenuoe than it does now, and tho market for Amorican silks wonld be largely increased. "The proposed bill {s in no sonso -a bill for revenue, nor is it a bill ealculatod to build up nforeign trade. Wo caunnot sell goods with- ont buying, and, so long a3 the tariff is arranged to presorvo tho home market, the foreign market must romain—as now—closed to us. The present bill abolishea tho dutica on many articles which are noeded in manu- factures, but it might go much farther, Thero can bo no export of woolon goods without such s reduction on wools s will put our manufacturers somewhat on an equality with thoso of other countries. The bill, it is cstimated, will produce $1%4,000,000 of rovenue annually, or $30,000,000 in oxvess of what Is noeded. Itisto be hoped that the full Committee will cut down the rates of duty largely whon they coma to mataro tho bill, And this should be done, not only in tho intorest of consumers, but in the interost of manufacturers, who must at somotimo learn that they must live other. wiso than upon subsidies and bounties from tho Tronsury, “REFORM IS NECESSARY."” Tho fourth report of the Conunlsslon on the Now =York Custom.lguso (Appralsor’s Dopartment) states that the appeals for tho first threo months of 1877, from tho classifl- cations of the Appraisor, numbered fire hundred and fifteen, or an avernge of 2,060 per annum, Assuming that this is tho cor- rect ratio for all ports, tho Trensury Depart. ment is required to consider and docide thres thousand appeal cases, annually. Hero is a large docket,—ten casvs o day,—involving the nicest questions of . statutory construction and of the composition of mauufactures, eapecially fabrics ; for inn largoe majority of theso casea samples of the merchaudiso in question accompany the appoals, It follows that, to determine them Intelligently and justly, requircs not only knowledge and ability to construe the tariff laws, hut a wide range of expert information, Xvory case thus going up to’ the Tronsury Dopartment comprises on one sido tho brief of the oggrioved {mporter, cousist- ing of an argument iutendod to do- monstrate that the Appraiser has mado an erroucous classification; and, on the other, tho special yeport of tho Appralser, consisting of nn argument Iu defenso of Lis clagsification; and floally the lotter of tho Collector, restating tho questions involved, and inclosing samples of tho subject of the appeal. After some weeks the docision of tho Department reaches the Colloctor of the Port whenco it emanated, and if the appeal 14 sustoined a reliquidation of the entry is made, ond tho excessivo duty exacted is re- funded. We will not undertake to say how much ndditional Inbor is thus imposed upon each collsction oflice, or how much upon the Deopartment, At the Departmont quito o forco must surely be required, and the duties of overy collection ofice are certain. ly thereby incressed. In additlon, there is the vexation arising from delay imposed upon the appealing import. er, Now we do wnot besitato to ansort that tho necessity for four- fifths of these appoals may be avoided by tho establishment of & Bamplo Buresa at Washington, Lot ussuppose that the Bureau is in operation, and that every Appraiser is roquired to trausmit to it, daily, samples of all tho merchandisa ho passes upon whenever practicable, ‘Fo-day the Appraiser at Ohi. cago clasaifics a pieco of mixed silk and cot- ton fabric as & *manufacture of silk and cotton, silk chief value, not over 25 per cent cotton, G0 per cent ud talorem.” To-day, olso, tho Appraiser at Now York returns a piece of like fabric as containiug over 25 per cent ootton, and accordingly assosacs duty at 50 por cent ad vulorem. ‘Tho question to be determined {3 ono of fact, and the two Ap- praiser, requesting a apecial report giving bis reasons for tho olassifieation; the Appraiser causes a re-oxamination of tho fabric to bo made, satisfies himeolf that his return is corract, and makes a spocial report to that offect, which' he transmita to the Collector with tho appeal. 'Thon all the papors aro forwanded to the Troasury Department under cover of a lettor by the Callector, as boforo stated. Here is considerablo circumloontion, and it has con- sumed time. Meantimo, if the Bample Burenn is organized ns it ought to bo to fin- ish onch day’s work on tha day it shall ba received, the samples recoived from New York and Chicago Appraisers on Saturdsy morning will have boon examined and passed upon on that dsy; and if tho Now York Appraisor ghall liave beon sustained, the Collector at Chicago will havo roceived an order to reliquidato the entry in question at 50 per cont, instead of GO per cent as assessed, beforo tho appeal of the jmporter will lavo left hisofico, On tho other hand, if tho Chicago Appraiser shall have been sus- tained, tho Collector at Now York will have received an order to exact the additionnl 10 per cont on tho goods in question. Of course tho noxt time the Ohicago importer feels nggrieved ho will rush to the Treasury Department to right him, without the delny and inconveniecao of an appeal. Dut the Sample Bureau will do much moro than this, It will, i¢ faithfally administered, at once cstablish complete uniformity in np- praisemonts throughout the connmtry; ond this s n great desideratum. It will also Jend immedintely to the do- toction of frauds by undervaluation. Bam. ples of - undervalued merchandise conld not evado the scrutiny of experts devoted entiroly to the doteotion of errors and frauds. By simplo comparison with goods honestly valued, undervaluations would gonerally be cxposed. Tho expenses of the collootion of the revenuo would not be increased by the establishment of n Bample Bureau, but rther l4ssoned. Tho Iabor saved in the Apponls Department would bo moro than sufliciont to transact tho business of the proposed Bu- reou. GouLp, the insolent cpithets of his de. bauched newspaper organ. — ! CONELING'S BUPPRESSED BFEECH. } 1t will bs romembered that Msj. Bunxz, in hia rocent interviow with the correspondent of Tnx Cuicaco Trinuxe at Now Orleans, as- scrted that Mr. Coxxrrvoe had a epeoch all prepared in favor of throwing out the vote of Louisiana, and he added . " In which ovent he [Conxtixa) was to have been electerl President of the Senate, and would hiave become President of the United States peadinga new election, whicn would hava taken J"m n year afterward, 'Tho causo whichprevonted an attempt at caerylng the Erogmlnmn out was distrust, by Mr, ConkLiNg's adberents ou the Republican side, of the carpet-bag Sonators. It was feared that, Instead of nquarllnz Mr. CoxELiNo, they would vote for Mr. Montox. Tae Crioaco Torousz has neither admit- ted nor denied Maj, Bunxe's statemonts as to Mr, Congriva. It has simply placed them on record upon Maj. Bonze's responsibility, but Mr. CoNgLiNG's nowspapers, prominent among them the Albany Evening Journal and tho Buffalo Fzpres, liave zealously and sgomewhat fariously rushed to his dofonse ngainst Maj. Bunke's nsporsions upon his political good faith, The Buffalo Hzpress, with the most charming naivete, knows Sen- ator Coxgrina propared no such speoch, be- causo if ho Lad he wonld have delivered it, and that he could not have delivered it in privato, especially to Mnj. Bupke, os his auditors in such a case would have beon 4 fit and few.”” This childish beating about tho bush is of too little consequonce to need any answer. It ls o touching fnstanco of de- votion and confidence, and shows that the Buffalo Ezpress stands in about the same re- Intion to Mr. Conxvina that a little child does to ita mother ; but its declarations are neithor here nor thore. Without expressing nny opinion upon the matter to which Maj. Bunge refors, we masy suggest some poinis to the Erpress which aro more pertinent. It will probably rocollect that in Fobruary last o roport camo from Washington and was very generally circulatod in n public manuer that Mr, Cosgrina had prepared o speech which Was very bitter ngainst Mr. Havzs, and was intended to broak down the Elector- ol connt. The Democrats, 'learming that tho Bonator was big with o spoech of this kind, waited with intenso satisfaction and gusto for his delivery, hoping from what they had lenrnod of its character that it would blow the Administration into flinders. They walted and waited, ench day expecting to see Mr, Covxuiva ariso in his seat and deliver that speech, and they rubbed their hands snd chucklod ns they mot each other, in keen anticipation of what was coming, But hope doferred makestho hoart sick. Day after dny passed ond tho spoech did not come, and when it was too lato for it to como the nir wos blue with Democratio wrath and profanity. The Ezpress will also remember that about the time tho speech should have been delivered Mr, Conxrixa was credited with being in very bad health, Now, will the ZKrpress inform us what was in that speech? If such a speech was mover pro- pared, how did it get out that such was tho casa?, Who kept tho story alivo? How is it that it bas not been denicd until after a year has olapsed ? ‘Tho Democrats all scomed to know that such a speech had been’ written, and Maj. Bunxz, s Democrat in good stand- ing nssociating with thom, only echoes what was common telk among them, Will tho Ezpress explain_some of these remarkablo coincidences? e — In San Franclsco people, as well ns the # Bonanza Kings,” are *divided on the subject of remonetizing sliver; some thinking that would be bad policy, and athers holdlug that [t would be a wige thing to do. About half the bulllon that comes from San Franclsco fs gold apd the other ball silver, which nccounts Iy part for the divided scutiments on the subject, The New York Journal of Commeree ot Jau. 14 contained ou editorfal reflecting on the motives of the orineipal owners of the two leading sllver mines of the Pacific coast, 1t charges them with felgning to be opposed to the pnesage of the Braxo bill for the remonetization of the silver dolar, while at heart they are fn favor of thay measuro. In support of this view, It citcs he untiring zeal of Scoator JoNEs In champloning the Silver bill, and eays that his whole time iy devoted to that one thingj further, that If he be not the owner of o bonanza mine himaell, he onco was, and Is an intimato friend of those who are thus interested. It further ictimates that {f no money is being used in obtatning favora. Dble legistation on tho Bllver bill, it is simply be. causo it is not neccssary. The writer of the cditorfal referred to cannot understand how sch men as Froop and O'Bruzy nod thejr partuers, with so much at stake in the matter, can be otherwise than friendly to the passage of the BLAxD bill for the remonetization ot the silver dollar. Referring io this article in the Journal of Commaerce, the S8an Francisco Zulletin soys: We have no authorily to speak for the Donanzs. Kings. We think, howover, that wo know theie viowsa on the silver question: and while we d clsim sny permiseion to give expression to th viows, it may not be out of place, inreoly to the Journal's oditorls], to sxy what we think would be thole anawer in the premises. Probably no four gentlemen in the Unitod Statos have so large o pe. cuniary interest in the valuo of sliver as Jaxxs ¢, Froop, WiLLIAx §, O'Briry, Jaxes Q. FAn, and J. W, MackAY., Thoy sro just at present, snd have been for some timd,* the largost producers of silver in tho country, Wo Qo not know that they are any more ur less selfish than other peaple, ‘They are all independently rich, #f such a thing be possible in this world. At lossi thoy are 80 far te- maved from want that the falluro of Congres remonetizo silver will not make thom poor, Ws think Mr. Froon is 8 gold standard man. Hehas always 80 impressed un in our conversations with him. We are informed that Mr. Fain cntertain similar views, Me. O'lintes appears to be entirely indlfforent about the mattor. Mr. MAcKAT favorsias using of sliver as money, and does not eco why It shonld bo at o discount with gold. This isliow these gentlemen stand on tho ilver questlon. —— Loxpox, Jan, 31—4:30 p, m.—A mecting wa advertlaed for 3 o'clock thin aftornoon at tho Cliy Terminus ilotel, Canon nireot, to protest ngalnst the supplementary vote of £1,000,000, Loug be- fore tha advortieed bour the hatol and all ndjacent sireots and open spacen wero flled with cromds which chicerod the Government. sang patriotle songn, sod held impromptu meetinge in support of tha Government's volley.' The proprictors of ihe hotel called {n the police, bat a small squad, sent {n response to their request, had no ctfcct on the crowds, Several publlo rooms in the hotel wers sutied. No attempt wae nado to hold an antle credit mecting.—Cable Dispatch. The mob that carried on fn this rlotous way are not the chaps to volunteer to fight the Russians, The Government may be precipitated Into o war, but where are the men to light the battles? No people in Europe are so reluctant to voluntcer as **food for guupowder® astho persons who compose city mobs In England. They arc swift to hound the Government foto wars, but slow to come forward to do anyof the nctual fighting, What they want Is & profiigate expenditure of money by the Gov- ernmonttomake business lively and times good. 1t {s not to fight they are longing for at ail. In none of Englsnd’s wars in the last 500 years did she ever havo 8o many as 60,000 of her own nativo soldlers on & fleld of battle. During the Crimean waor 1t was with the utmost ditficulty that she could make up and malutain her small quots of troops. Her War Dopartment was obliged to ruke and scrape everywhere, Re- erulting offlces. were opengd in Canada to get volunteers from the United Btates; agents wero scnt into Germany, Holland, Belglum, Italy, and elsewhero to coax men to come over to En- gland and enlist for the Crimean war, Aud s 1t will be again i€ she becomea Involved In a war fo behalt of the Turks and barbarlsm, En- gland {s good ot hirlog and subsidizing other people to light ker battles, bus her subjects are remarkably sparing {n the effusion of thelrown precious blood. d TR® Cn1cAao TEIRUXR has eatabllstied branch ofiecs for the recelpt of subscrintions and advertisenients o8 follows: NEW TORK—Toom 209 Tribune Bullding. F.T. Mo- Fapnex, Manegor, PALIS, France—No, 16 Rue de Ja Grange-Datelicre. H. Manzen, Ageat. LONDON, Fog.—American Exchange, 440 Strand. Hxxny F. GitLio, Agent. HAN ., FRANCISCO, Wooley’s Randolph street, between Clark and LaSalle, FEngagement of Itobson and Crane Combination. **Our Bachelors.” . MeVicker’s Thentre. Madison street, betwecu Btate snd Dearbomn. Al the Tage.” The reporta of n dny or two ago, respect- ing n virtual discuption of the Triple Alli- ance and o vigorous protest by Austria againat the peace conditions, prove to hnve grently exaggerated the actnal condition of affaira, It was oven msserted that Austrin meditated an alliance with England, and only waited forthe granting by Parlinment of thosnpplementary vote by adecisivo majority before concluding the arrangement. Accord- ing to tho somi-official assurances received from St. Potersburg, there has been no interruption, actunl or threatoned, of the friondly relations between the Russian and Austrian Governments, tho latter having ncted in n spirit of advisory friendship in ita representations regarding tho terms of peace, while Russin has received theso ropresenta- tions cordially and withont resontment, and has in turn given assurnnce that all matters that affect the Powers in common shall be sottled in common, Tlaverty’s Thentre, Monroe strect, corner of Dearborn, Engagementof Milton Nobles. **The Phenix.” Colisenm Novelty Theatre. Ciark strect, between Washiogton and Randolph. Varlety performance, New Chicngo Theatre, Clark: strect, opposice Bherman Ilouse. ** From the Altar to the Seaffold ™ and ** My Mother-fn-Low. " FRIDAY, FEBRUARY 1, 1878. CHICAGOD MARKET SUMMARY, The Chicavo prodbce markets were rregular yesterday, withn falr voluma of business, and a downward tendency in the afternoon. Mess pork closed 1245¢ per brl lower, at $10.60@10. 62t sput and §10.77@10.50 for March, Lard closed 5 Fige per 100 [us lower, at §7.25 apot and $7.93 for March. Meatawere easler,at $3.05 per 100 1ha for boxed shouldersand Stc for doshort ribs, Whisky' was steady, at $1.03 per gallon, Flonr was In falr demand. Wheot closed Sic lower, ot $1,00% for January and 81,043 for March, Corn closed Nclower, ot 30%@U0e apot and 414@41%¢ for May. Onts closed steady, at 23%c spat and 24c for March. Nvo was firmer, at 50c. Datley closed dull, at 40%c for February and G0c for March, Hors were dull nnd closed lower, ot 83,756 @3. Cattlo were activo and firm, selliog at $2.45@5. 50 for poor o extra grades, Sheep wero quiet and steady. During the last four montha of 1877 the United Kingdom mported 21,614,704 cwts of wheat and 2,783,510 cwts of flonr, ngatnet 12,608,000 wheat and 2,066,330 flour for do In 1470. The United States and Canadlun ports cone tributed 11,012,000 of the wheat and 1,033,428 of the flour, or GiY% por ceut of the wholo for tha last four months. Inspected into store in this eity yesterday momning: 78 cars wheat, 83 curs corn, 23 ears vats, 15 cara ryo, 22 cara barley, Total, 221 carw, or 84,000 bu, One Lundred dol- lara In gold would buy $102.00 in greenbacksat the close. British consols were quoted at 03 0-10 aud sterling cxchango ot $4.89, ————— The debata in the House of Commons yos- tordny on the Ministerinl proposition for o supplomentary vota of £6,000,000 was fally a8 spirited and interesting as had been antic- ipated. Mr. Fonsren's amendment, declar- ing that no renson existed for sdding to the ‘burdons of the peoplo by voting additional supplies, was vigorously supported by that gentleman in a straight-out anti-war speech. He donied the existonco of any necessity for ‘such o voto; donied that British interests were in apy manner {hreatoned by the poaco conditions; domanded that the Government specify distinctly tho purpose for which tho voto is ssked, and declared that, so far os the Ilouse was in. formed, the only uso for the vote was ns n threat to bo flourishod in the face of the forthcoming Congresa on the Eastern ques. tion. Mr. Briont's spoech was more mod- crate in tone, Lut nome the less firm in ro- sisting the attempt to seccuro n voto that might result ns o restriction of the froedom of Christians in Turkey and lequeath a legacy of war to posterity. Parly feeling ran high during tho flery speeches on Loth sides, and the day in the Homusc wns one of great excitement. Tho attitudo of the Liborals in. opposition to the voto ia likaly to Lo confirmed and thelr strength nugmonted by tho correspond- enco just published botween Eogland and Tussin. Objoction being mado to that clauso in the peace conditions rolative to tho Dardanelles, Gonrscruaxorr promptly gave agsuranco that tho Czar had no thought of sottling it without the assont of the Powers, and wont so far as to offer to withdraw the clauso nltogether. Tho effect of this pacific and conciliatory disposition upon the part of Tussin with refarcnce to the pence conditions {8, hawaver, to somo oxtent offact by tho ad- vicen that the Nusalan troopa are presging forward in the dircction of Gallipoli and Constantinople,~nows which lacks confir- mation from any authentio sonrce, but which will doubtless bo used by the war party in Parlinment s an argument i favor of do- cllulvu proparatory mensures. THE WHISKY TAX, The House has done wisoly in rejecting tho joint resolution introduced by the Ways nnd Means Committeo oxtending tho timo for the withdrawal of spirits from bond and passing in its stead by an emphatio rasjority o resolution that **it ja inexpedient to chango tho tax on distilled spirita.” As this is in the nnturo of n poremptory instruction to tho Ways and Means Committoo, it sottles Mr, Fennaxoo Woon's cffort to change tho tax, nnd disposes of tho matter for tho session, There is no good reason for interforonce with tho present tax, and there has been no demand for a chango excspt on the part of speculators 1 cortain sections. Qur own distillers, who manufacture moro highwinos than tho distillers of other Btates, havo not nsked for any change. The distillers of the East scom to be satisfied, and thoro has been no grumbling in any quartor excopt in Oin. cinnati, where the whisky speculators have gpirits in bond that must bo taken out next spring, aud to avoid the tax on it have mpde tho present rmid on the revenucs of the Gov- ornment. Inasmuch,however,as tho revonues of the Governmont are not run to suit the wishes of the Ohio River distillers, tho House Las dono well to squelch their proposition at the very outset, ond to oxpress its dis. approbation by taking action upon it oven while it was in the Committeo's hands, It is time to end this oternal tamporing with tho whisky tax and the tobacco tax also, It hos been demonstrated over and over again that 90 conts can bo colleotod without dotrimont, and that it is not too high n tax. Upon this basts any interferonce with tho tax is simply & movement to produco a rise or fall in prices in tho interost of rings of whisky speculators, 0s has been abundantly gliown in tho paat. The ecquity of the tax is #o woll eatablished in fact that any change init canonly arouse suspicion that it has beon procured in o corrupt manuoer for n corrupt purpose. The country wants no chiango in the tax, noither can it afford to Iot liquors in bond cscaps when others lave paid. No ouno wents a chauge oxcept speculators, nnd the rovenues aro not supposed to be managed in their interests. ‘Tho resolution passed by the Houso applies with cqual force to the to- bacco tax, which should be firmly wmain. tuined, There is no ocall for logialation on cither, excopt in the suggestion of improve. monts in tho mothods of collection, so that tho Government may be sbsolutsly securo in obtalniog tho full amountof the tax, and the Whisky Rtings bo provented from evading their full aharo of responsibility to the reve- uues, Boyond this, the country wants no changes, and the Ilousa deserves crodit for its ewphatio refusal to naxe any. The whisky distillera themseclves ought to bo sat. isfled, it thoy have Loen sincero in their declarations that it was only the upcertainty that was burting tho trade, Tho uncertainty {s now removed, and they know what tho tax i and will be, during the presout Con- greus at loast. Greaubocks ot tho Now York Slock Ex- change yesterday closed at 084, The regular annual avrangle over the Weat Point appropriation bill las begun fu tho House, with an appareut good prospect that tho Democrats will be no more successful than they bavo boen litherto in thelr spitce {ful attemnpts at erippling the elMclency of tho Military Academy. aro said fo bo oxcollont. A report in favor of cxtending the timo of complation to ten years ou the muin line nnd five yeons on the branch lne has beon agreed upon by the Sub-Committeo having the matter in charge, with cortain conditions in favor of actunl sottlers, which tho frionds of the measure will doubtless agreo to, ) MONEY QUESTIONS ASKED AND AN- SWERED. To the Edilor of The Tridune. Btoperonp, Me., Jan. 28.—You have made silver men of us by starting us to fAinking and studylng the question, Don't think becauso nearly all Eastorn papers are goldite thatall the peaple are. Public faeling {s now underyoing a xreat chango in this Stato; the cycs of tho people aro now turned from tho past seltled questions to thu snbject of the presol —monrx. nlces we aro fo- Meved from the wresent hard times tho paper ine flation Rmy will make o big showipg in this State by another 7all election. For the purpose of getting llzht on the sabject, lease answer tho following, as it prescnts a favor- [ projact of the so-catted ireontack party: ‘Tho dangerous locality of Curritnck bonch on the coast of North Carolina has fur. nished another appalliug marine dis. aster closely following tho wreek of the steamer Huron in almost tho same vicivity. The steamer Meotropolis, Lound from Philadelphia to Brazil, nud carvying over 200 engivecrs and railroud Inborors, went ashore lust evening at about G o'clock, sud it is feared that at least 200 persons Lavo perished. Owlng to defectivo telegraph ccinmunication with the sceno of tho calam. by very few relinblo details aro at hand, in_your lsue of ‘Jan. 21 you say, under tho articlo entitled §**The Vruu and Falee Fricds of tho Silver Movement,” that *‘henca it involves the sbenrdity of paying off intereat-bearing obiis gations with non-Interest notes. " It dovernment sliould to-day 1ssua $200, 000,000 in greenbucks (or taku the sauiu winount If iread ou hand) and should buy that smount's worth of gold and sllver, and take up the sama amount's worth of Government bunds, destroy the banda, fesie the same amount in yrecnbacks, again bay- ing coin, and a0 continue to do untll the borda were all taken up, the Government at last destroy- {ng (It t4eued) 1L rat $200, 000,000, wouldn't the Government's credit be Just as good with its debt thus replaced in non-intérest notes ua it would be i1 intereat-paying bonda? Would thy ba repudia- tion or nflation, or would Governinent in any way forfelt ita lionof? Would not thy sinuuut svod by Uovernment in interestsoon pav its debit? Wouldn’y the money now In Governuient Londs, if so re- Tleved, soon be Invested in buainess cuterprises, thereby making work for the Inborer? Wouldn't you consider a mun doing busincss on & $50,000 clgunl. payling no interest, safer than a man dolng busingss ou the samo amount, and whose Interest wi bout or quite equsl to his profits? Exguingi, We take it for granted that ** Enquiren" Jocs not want towaste space in Tits TRIBUNE in dls- cussing an impracticable scheme., Where ls the Government to get the tirst 200 mlilions of arcenbacks described above! Does o mean that it shall impose additional taxes to procure the uotesd or that it shall set printing presses at work imanufacturing them? If the lutter, whers docs the Government obtaln the constitutional authority to manufacture irrcdecmisble forced notes without lmit in time of peace, and com- pel people to recelye them for debts! The 400 million limit of frredecmnable forced paper, or war currency, issued during the Rebelllon, is the mazimum that can bo lawfully put into cir- culation in tlme of peace. The Bupreme Court has In effect s0 decided. The Government may fssuo all the (rredectn- able. mnotes it pleases or can get its creditors to accept; but wheu the 400 milllon limit Is exceeded private clilzens cannot be compelled to recelve them fn paymentof private debts, Nobody bas over shown Low this {osur- mountable obstacle can be got over, for unless creditors can bo coerced luto acceptivg these now lssues of forced notes they would quickly become wortbless for purchasivg purposes. If busiucss mets und capltativts were led to be- MHeve the Uovernment had the coustitutional autliority to lssue unlimited amounts of forced notes fu time of peace, every creditor In the United States would immcdlately demand a coln coutract with his debtor, or e would bring suit the very day the debt became due, aud refuse to Feuew suy Notes or wWortgeges cxeent ou specitic coutracts, inaking the obligation pagavle fu coln, Nobody would giye crcdit except on promise ol payment in coln. All tine-contracts would thereafter be based ou prumises to pay o colo. No grocer, or merchaat, or mavulacturer would credit anybody unless they promlsed in writing to pay the debt fu coln. The attewpt of the Governmeut, therefore, to duluge the country with a lood of irredeemable, forced-loan shin- plusters would'be lnstaatly defeated, and ren- dered sbortlve by the universal aud simulta- neous sction of all classes of creditors and all classes of people who bad auythlys to sell, whether land, comwuodities, or labor. But let us waive the fatal objectiva of unconstl- THE “COMPROMISE” SWINDLE. "The gold clique, having become satisfled that thoir offorts to dofeat the popular de- mand for the remonctization of the silver dollar will bo incfectual; are now disposed to compromiso, At all events that is the po- sition they assume. As n matter of fact, their proposition is a sham and a swindle, Under the decoptive and frandnlent pretenso of n compromiso, thoy lope to defoat the aim and purposo of sllver romonotization a8 surely as if thoy had boen able to provent the passago of a bill for romouctization, Any combination of circunntances which shall oparate to provent tho sctual circulation of silver ns monoy, and thus throw the coun. try upon the single resourco of an inadequate and coustantly shrinking supply of gold, will sorvo their purpose, Aud this s precisoly what thoy liopa to sccowplish under the covor of a so-called compromine, Mr. Cunistiancy, who misroprosents tho people of Michigan in the United States Bon. ate, lias consented to becomo the tool of tho gold clique in working out this now outrage. ile now professes o penitontial scquiescence in the popular will, uays that he is not at all opposud to the re-establishment of silver asn pazt of the Amoricau monctary system, but isona of thoss who want ** o dollar's worth of silver in a silyer dollar.” As the agent of the men who are runping a corner ou gold, ho has offered sn amcndment to the Bilver bill, which follows tho ArLisoN amendment except in substituting 434 grains to consti- tate the silvor dollar in place of 412} grains, 910 pure, which is tho old, historical, and standard silver dollar of the United Statea, Tho standard silver dollar, at the present ratio to the gold dollar, 18 to 1, nlready con- tafus 3 por cont moro silverthat the standard silver coins of nearly all thorestof tho world, whero tha ratio of 15} to 1 provails, Inpro. pasing to put 434 gruins of silver into overy dollur coined, Mr., Cumistiancy sceks to jue creasa the weight of tho silver & per cent wmore than it is now, which would be 8 per cent more than the European standard, or & ratio of nearly 17 ounces of silver 40 1 ounce of gold. Firt, it may be as well to show the utter inconsistency of this proposition, even re- garded from the position occupied by the gold bugs, ‘They claim, as Mr. CuuisTiaNoy does, that the remonstization of silver in this ccuntry will not increase the value of | silver bullion. But in proposing to add 22 grains to the old dollar, they only give it 95 cents worth of silver bullion, reckoned according to the present bullion valuo of silver in gold coiu, If they honcstly — The goldite friends of Benator ITiLr called & meeting to bo beld in the Opera-Housoat At Ianta on the 28th uit., to pass resolutions indors ing bis hostility to the remonetization of silvct. Tho dispatch to the New York Merald says: ‘The houac was jammed from to d and groat enthosliasm was manifestod, 8 well as_ bliter opposition, Ex-Scnator MiLtenand Justice McCor addruswed tho meoting In defenso of 1Lt and imade a profound improssion, When the resolutions were broulit torward to bo resd un uproar wad ceeated and the meeting adjourned n confusion. The resolutions wero olthor pul nor read. The confusion was ternble. Benator HiLy is getting himsell Into hot water which willisurely scald himn 1 he doesa's take care, The people of Georgla are atmost solid for remonctization of siiver. Tba colored population In thut Biatc, as well as all over the South, arc practlcally unanlmous for sllver mouey,: 1 money,""—and the more of it the better. Ex-Congressman Youno, ot Georglh who has just arrived jn Washiugton from home, represents that the sentiment of Georgis ¥ slmost unanlmous for the stiver dollar, Dearly as he loves Dy Iice, he says he has gone wrong on that lssuc, and ‘ that his peopls will never sustain bl on the fnancial question Tho Legislaturo of Georgia docs not mevt uutll next November, under the provizions of the new Constitutlon, atherwise wu might expect fo- structions to HiLt, to vote for botn the Bilver bill and the repeal of the Resumption act. ———— Loxnox, Jan, ~The House of Commons Wt very crowded Ju 8ll pasts thls afternoon by persons anzious to llaten 10 the te Ou thua Qovers® weat's motlon for supplemeatery vote, Maof Peera and foroign representatives wore present. ‘This dispatch wmay couvey the Ides that the chamber snd gallerios of tha Brittsts House of Commons are immenscly capaclous,—as laree perbaps as the chamber of Represcntatives ia Wasbington, the Chicaga Moony Tabcroscle, or Expasition Building. On the contrary, the chamber is lusigniicandy small. The mem® berscan be barely packed futo {3, sitting 00 benches as closely togetlicr a3 possible, Tbe alsles are very narrow; the ventilation exceed: iugly bad; thie wmembers sit in 8 stifing atwo¥ phere, packed together like herringe fua box. The galicries extend around hatf the hall, sod are very narrow aud of limited copacity; they will not hold more thau a couple of huodr people. No Stato Legislature or Cowmof Councll in the United States occuples sv crowd® ed and unconfortable quarters as do the mem* bers of tho British House of Commons. Fack Tho assurance and preswnption with which the Now York press refers to *(he bank. rupt West" mny bu fairly mensured by the fuct that duriug the twonty-seven secular days of January, 1878, twenty-mne failures waora recorded in Now York City, the aggro- gate sum in defoult being $7,000,000, or o foiluro for each day of over a quarter of o million, Thisis nearly as despefate an ex- hilition of flscal LaNlooning ns was furnished by the same loud-talking community in Do- cember last, when tho chastening influences of cxpiring extensious of time rubbed out £8,000.000 of the same kind of **solid shrigt,” Tho argument aud prop us of 0. K. Hoxtisoron, President of thoe Southorn Pecific Rtailroad Company, before tho ouse Sub.Comittes yestorday, take away what litle grouud the Texws Pacifie Lond. subsidy schemo ever had to stand ob. Apart from the question of compotition a8 between two corporations, neither of which can be presumed to ba excoptionally virtuous iu that regard, the Southern Yacifle has tho Lest of tho coutroyersy fu that it stands vready to build tha yoad mors quickly and at o far leas cost out of its own privals resources, togethier with the mouey to bo obtalnud by tho sale of its fisst-mortgage bonds, than the subuidized Texos Pacific could possibly do; end, besides, the Southern Pacific stands reudy to accept such conditlons as to rates aud other Government regulations as aro vow mmposed upon the Union and Ceutral Pocific Roads. Tho Now York Tribune says The crimo of the 8TaxLEY Marrusw, in cowplete at Jast, and passes into history, iug that nawe with it In taating dusgrace. Bubstituting tho name Jax Govwp for that of the Now York T'ribune, therv is presented the spectacle 6f the most unsorypulous rob. ber of corporate proporty rights, the most nudacious corrupter of courts of justice, and the most rockless trafticker in the fruits of dishonorable speculation in America, de- nouncing tha name of the Senator who, in tho iuterests of the people, dared to stato tho simple truth in the form of a resolution, and to offer it for the consideration of the United Htatoes Benate, How the Lard- hearted, cold-blooded calculator, Gouiv, must chucklo as be rveflects upon the power that his gold gives bim to pros. titato to base uses the columns of the paper s0 long coutrollod in the interest of truth and hoypr by the immortal GaezLry, It may not be that dead men ever turn in their coffins; but if it were poasible, how the Saga of Chapaqua would writhe and vex his great soul in @ vain effort to rise and blot the legend, “Founded by Homack Guxerrr,” from the page of tho New York Tribune now polluted by the malign influence of the 4 Black-Friday " gambler aud greatest rob- berof tho age. What mean perversions of truth, what gross misrepresentations of facts, what travestics of logic, what monstrous lies, 1t iy pretty ovident that the proposition in the County Board to instruct the County Attorney to bring suit against Recorder Bzocxway for $1,000 which he has retained as cowpeusation for managing the abstract business attachod to tho offica is in the na. ture of & persecution. This is the sum al- lowed to Maj. Brocxway's predecessor, who, 28 wo undentand, ran the abstract business st o cost of about $10,000 to the county, whilo Maj, Buockwar has made the business yidd @ rovenue of soms £4,000 to the county. In certifying to these abatracts, bowever, the Recorder nssumes a personal responsibility ; it is no part of the Kecord. er's duties proper, and such a respousibility should ot be put wpon him without cow- ——— "The strange adventures of Prince Djalnds the two Hitle orphans, Adrienns, sud the otbes characters Ju M, SU's welrd romauce of “Tue Wandering Jew,” are recalled by a story of real 1ife comiug from Balttmore. It Laquite possible toat the Jesuits of to-day are less crafty thas I8 the age whoss tnauners were depicted by 1D French novelist; at avy vate they ars not © eager to dominate the world. The amoust woncy ovolved o the struggle between (b Lieirs and the prieats in tho uovel was 10,0000 francs, or $20,000,000, which was & goodly suse