Chicago Daily Tribune Newspaper, February 13, 1878, Page 1

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CThe Chicano Daily Teibune, CHICAGO, WEDNESDAY VOLUME XXXII LAFE INSURANCE. “Thirty-third Annnal Report New York Life Insurance COMPANY. Office 346 and 348 Broadway, JANUARY |, 1878. Amount of Net Cash Assots Jan, 1, 1877, $32,730,898.20. REVENUE ACCOUNT Promisme Teerired * forred ...40,202,504.70 Less defer . i e . TahIEeTr 493,608.4085,700,000.50 ’-H‘Q‘I"C:l re- 3cmer1‘...fl 2,108,018.83 M wosse.08 1,00%,457.17 _7,007,180.47 : 840,308,064.67 DISBURSEMENT ACCOUNT, Lostes by deatb, foclad- ng ad mifi. e 1,098,128.39 x:,afi'{‘ufl"’(‘"lnlcd 185,100.13 i Rt 104,318.80 e lime o6 Canteled DIIEIN o arnres 3,431,847,80 e, wienty oxpmvcis ARG phSLiciany feek e 831,820.8 Tazce. ofice and taw ¢x: FeRtistne. " “Driatow, CEau s eencernts 801,025.80 Reduett y-remlumsl :'«] "' . $211,113.712 v BSther sacks 12,000.00 Conttogent fundtocov. er any de- rncill(on o roni :Illlllfln.. 230, 000.00 473,142,727 85,048,140.38 #34,468,105.20 ASSBETS., Cash fn bank, on hand, and In eal e Bonds and " moriRage, grstlien on roal ealate (bullcings thereon in- sured for 813, 4 the policies assign: ed the Company as Addittonal collateral security). .o ans on oXIiting %fllf— ¢les (tho reserve heid by the Company on thesa policies smounts 3, 443, 105) *Quartérly and de usl premioma on ex- Titing policien dus aoh. sequans Lo Jan. 1, 1A78. ‘Premium on existin iiclas {n course o raneminsion and col- Iection (estimated re- servoon thess polictes, 0 n 1aotlitfes zenla’ baf Acerasd interede 4 i 005, 234,74 300,289.2¢ 167,183.37 50,045,867 1A detatled schedule of these ftema will accom. pany the ususl annual report led witn the Inaurance Uepariment of tho Btate of Now arket valae ver ¢ 315,895.35 L $34,432,905.20 Excess of Gf socur! CABIT AbB| 804,343,04 1 X omroiiied aa failawes $2RN00 Adjurted ioans, due sube Yequent to Jun. 1, IS 348,00.48 Reparsed losses, awalt- 10g broot, ¢ 12,807.84 Restrvedforr DhruiCToRting (Bouraises a St B on-par T i cs 1, 31,022,405.99 ‘ontine over snd avovand per con Reserved Tialfilties to Dividend Fun 3 onexisting pole £ica of that class., Tescrva for pre ali 1n sdvance, Divl et o $2,006.144,40 B Tk ar| BY the New Yo Klate standard at 43§ per cent, ove 0,000,000 ¥rom the undivided surplus of $2.04,144.40 the Doard of “frustees haa declarcd » reversionaty dividend lable on settisment of next snnus| premium to fll:lplllnf policies proportionate to thelr contribu~ 00 (o surplus, 792,%02.23 17,40.01 82,303,100.44 © boen lusued, In- Durl 3 R i umber of force Jan, 1, 1870, Eummml’pn forcedan b 187 2t amber of 3,003 Amount at risk Amount st 857 por cent Jan. 1, 1870, FEnydhn: 1 AT T e T cent Jan. I 1878.., 2,664, 144 ‘TRUBTEES: Wm. I, Apnletos, Morrta Fraskitn, vert I, C Edward Mariln, Liaac C. Kendal 1. Colllns, §1--.rlu ;Vr;n“h'l. M.D., i L . beyin > Hee o Naira, . Clagiis, ™ avid Dows, uils L. White, lenry Bow: tieargs A. Osgood, Wiitiam Barton, ohn M. Furman, hilswa A..Booth, dw, A, Whiitemore, HORRIS PRANKLIY, Prestdcat. WILLIAM I, BEERS, Vice-President kad Actusry, THEODORE 3. DANTA, Cashler, . 0. DELL, Superintondent of Agences, CAARLES WRIGNT, M D., Jiesidonce, 10 K. 20th-st, | Medlealsy TuC aminers, HENKY GEO. W, PERKINS, Ast. Bupt, Agencles, 0. P. CURRAN, MANAGER. Northwestern Brauch Oftics (Collecting De. artment), comprising the States of llinois, Yowa, Wisconsin, Michigan, and Indiana, 86 WASHINGTON-ST., CHICAGO, ILL. SILOES, best walking ENGL]SH 100 for Mk aoe B 86 Btate-st. DISSOLUTION NOTICE. AN e et roee, DISSOLUTION, between Peter FA e P e ek A TS Sime ot 1lswkinson & Norggran,la this day dluolrad by Wutual conseut. eritl, HAKKISEON, JUHX J. 'NORDGIEN. }gm Chicago, 1L, Feb. 5, 1474, 0 dibie gtk @ J. F 1 4 of the BTG Cals dures o el 'a'u’m'uhu'n 1o Solect AL gscalye sll moudys dua the said s upon ail ot — TO BRENT, TO RENT. The new and clegant brown stone Restdence, 271 Asblagg.ay, Largo barn, J. ¢o McGILL, 03 Washington sk MERCHANT TAILORING. CUSTOM TATLORING DEPARTMENT. Be Sure and See the Goods from which we make TROUSERS to order for $4.00! See the style, the sew- ing, the pressing: then if you please to go and give some- one else six, eight, or ten dollars for the same thing, doitand call it charity, for that is what it will be. Splendid new Suitings which we make up ele- gantly for $25. ' Spring Overcoating, i English Meltons, London shrunk, made up with great taste for $25. The busiest Depart- ment in Chicago, WILLOUGHBY, HILL & 00, BOSTON SQUARE-DEALING BOUSE, CORNER CLARK AND MADISON-STS. OPEN EVERY NIGHT TILI: NINE. MEMOVALS. REMOVAL. ‘WE HAVE TEMPORARILY RE- MOVED OUR STOCK OF CLOTHING To Nos, 219 & 221 Madison-st., COR. FRANKLIN, During tho enlargoment and rofit- ting of our former place of business, which we shall REOPEN on or about March 16, with an ontire NEWSTOCK OF GOODS, As we do not wish to carry back with us one single gar- ment, we have therefore marked everything at lower prices than ever offered bes fore in the world. GOLDEN FAGLE * CLOTHING STORE, 219 & 221 Madison-st., CONl. FRANKLIN, "REAL ESTATE, “REAL ESTATE FOR SALE, O TRADE For Inside :Pro)iarty. The 8, W, 1-4 of tho N, W, 1.4, and 8,1-3 of 8. B.1-4 of N, W. 1.4 ot Bection1l, T, 39, R, 13, immediatoly adjacont to ‘Washington Heights, This is ono of the best spooulative parcels of land ovor offored in this market, For particulars address F 3, Trib- uno office, FOIt SALE, . FOR SALE. Hafos, Desks, and all Furniture of Third National Bank, For partiou- lars apply at tho Bank, BOR_SILE OR, T0RENT, rat-class Cirals 10 inen oF Cileana. wwlame PR Slren, ov I’ | hia Paliicearopiag mischare sutt FINANCIAL, MONEY toLOAN By I0SIAH H. REED, No. 20 Nassan-8t., N, .. namounts as refl;lg’trdh:l;rlzl PROVED CHICAGO n P"AOPjfi“’ll‘lY receiyed and tly at: B m [ 0 W11 1TR T P LAZARUS leVERMANL %unker, sclliog Chamber of Commerce, Chicago, FORBIGN BXOHANGE Onjarge citie 13 England. ¥ragce, Germanyt buying snd sailing Government Lionda, Cook County sud Lt Lionds; loans money on mortgages; receives doposite; and doos & general banking busiucat, GUSINESS CARDS, WAL D, KERFOOT & (0, RBAL ESTATH AGENOY, D0 WASHINGTON-NT. Tients collectad, tazes pald, eatates Jusasged. Epectal attentlon given 10 the Intereats of wou-resldedts. counta rendercd monthly. GUATES AND MANTE e ener il ciounly ekl OO Tlain, Cold and Nickel trimmed, and SLATE MANTELS, F RODABCO & RUMNEY *U2 NTATE-ST. e M W RTATEST. MISCELLANEOUS, THE FAMOUS MISSISQUOI SPRING WATER, Which for nearly half a cent woudsous curca of Rldusy Dissten Dysocins, dus LCancer,may be had of all drujsilsts. 1ts curative prop- P At et Tt et e v FLAVRKLIN COL VA, o8 Isquol Bruinas, GERMAN STUDY LAMPS, FINE ASSORTMENT. MAN GAS APPARATUS AN s ““:n Clazk-st., betweea Julnfl%""figgm. THE CRISIS. Anglo-Russian Correspond= ence Becoming Very Interesting. England Desires Information as to Russia’s In- tentions, Asking if the Czar Proposes to Occupy Constan- tinople. Russia, in Her Answer, States Firmly and Unequivocally That the Belligerents Them- selves Will Settle That Question. The British Fleet Has Imperative Orders to Reach Constan- tinople ; And to Use Forco if Necessary to Effect the Passage of the Straits, The Turkish Batteries Likely to Give the Squadron a Warm Reception. Torpedoes Said to Have DBeen Recently Planted in tho Bosphorus, The English Channel Fleet on Its Way to the Maditer- ranean, A Russian Force of Twelve Bat- talions to Enter Constan- tinople To~Day. BRITAIN'S BLUNDER, ORDELND TO GIDRALTAR. Loxoox, Feb. 13.—The four ironclads com- prisiug the Channel squadron were dirocted by telegraph to proceed finmediately to Gibraltar for orders, ou its becoming known that Viee- Admiral Hornby had been refused permissionto enter the Dardanctles. TILB PEELING IN LONDON, Lonpon, Feb, 13—11 . m.—At the openlog of tho Btock Exchangs this mdsnlng the quola- tion of Consols was 053, Tho ucws of the re- fusal by tho Porto of & firman for the passage of the straits by tho flcet has caused a great sensation, though the excitement s less than lnst week, THB TIMES' COMMENTS. The Times, in fts lcader, says: * The flect must go to Constantinoplo for the protectlon of England’s Iegitimate Intercats In the city and straits. There need bo no disgulse that this s tha real purposo with which our ficet will be sent to tho Bosphorus, and Lord Derby would have dovs well to have avowed this fact plainly, fnatead of ovading I[ts responsibllity by the transparent oxcusc of affording protection to British subjects and other persons In the event ofcxcitement in the Turkish Capltal. I fs best to avow the simplo truth, that, as we in- tend to have volco in the settlement of the futura both of Constantinople and of tho atraits, we deom it prudent and our plain right to assert some hold upon these fmportant posl- tions, but Russis, beyond question, has not the slighteat occaston for any further military guarantes for hier own clalns thau sho already possesses. The ‘Turks and Counstantinoplo it~ soll aro at ber mercy." THE MORNING rOsT. ‘The Mornlng Jost says: * A futal mistake has been succecded by groat humitiation. Lord Derby's carcer as o Minlster ought to termlnate, and the Dardanclles ought to be eugraved as an epitaph on hts political tomb. It will now be- come us to speak in, cxtremely miodcrate Janguago until decds shall justify the resump- ton of that confident tonein which the England of Lord Palinorston used to majntain the cause of law and order,” 1IIONCLNDS PURCIIASED, ‘The Admiralty Lavs purchased two fronclads, now in Lundon docks, which wers bullt for ‘Turkey, but prevented from leaving by the Qovernment's neutrality declaration, TUR 8NUL DIRKCT, Loxpox, Feb, 12.~Lord Loftus, British Am- baseador at Bt. Potersburg, telegraphs Lord Derby as follows: 87, PErEnsnuna, Feb, D, 1878, —I have recelved from Prince Uortschakoff the following answer to your telogram of the 7th inst., ssking Russia to give some explanation about the advauce of the Russiaus towards Constantino p $ **In answer to your Excolloncy*a note, respect- Ing the occupation of certaln strategical points ln the neighbortood of Constautinopls by the Russlan 1roops in consequonce of th stice, it is my duty toinform you that wi ot yet In pos- scaston of positive Jnfurmation aa to the detalls of e armistice, and as to its application, I should add that the milltary llae of demarkation, traced proviously to the armistice, has boon agreed upon betwoen the Russian and Turkleh authorities, and 12 a queation which excluslvely concerns the bellig- erents."” aprrovap, CoNsTANTINOPLE, Feb. 12.—The Grand Duke Nicholas has expresscd satisfaction to Vefik Ef- fend! aj the non-admission of the British fluet. In to-dsy's sitting of tho Turkish Fariiament several Deputles urged Vefik Effendi to act with consideration towards England relative to tho passage ot the Dardsnelles. CONSIDERKD PRODABLE. Vinuna, Fev. 13.—1t 13 considered in woll- informed circles probablo that the Yorte will grant the frmnan for the entry of the British fcet in view ot the Hussian occupation of Con- stantinople, which is hourly expocted. AUSTHIAN WAR-VE3SELS, ‘The Austrian turret-ship Kaiser Max leaves for tho Levant to-dsy. The frouclad Hspsburg follows to-morrow. HUBSIAN SENTIMENT, LoxDox, Feb, 12.—A dispatch of the dgence HKusse trom St. Petersburg states that both the press and public bighly spprove Prince Gorts- chakoft's telegram of Sunday last to the Pow- ers declaring that as Great Britain and other Powers bad dotermined to send fleets for the protection of their subjects in Constantinopie, Rusels would be odliged to contemplago the entry of a portion of her troops jnto Constanti- nople for the protection of the Christian resi- Qeats. AMBASSADOR APPOINTED. Copszanziwores, Feb. 1L.—8aodoullsh Bey, Tarkish Ambasssddr at Berlin, hos been sp- polnted gccond delegato to conduct the peace necotiations in placd of Badyk P'asha, € CNGLAND MUAT TARE THE RESPONSIMLITY. Vefik Effendl informed the Chamber to-day that he hoped to communicate the peace condi- tons four davs hence. He declared that if tho Writish fleet passed the Dardanciles he would protest, and cast the responsibility for the consequences upon England, 1NDICATIONS, Vefk Effendl’s declaration on Monday in the Turkish Parilament, as reported lnat night, scems to indicato, however, that It will not bhe necessary to use force. A rlispatch recelved at an curly hour this (Wednesday) morning from Constantinople reports that Layard telegraphed Lord Derby at midnight last night that he stiil was without instructlons relativa to the flect. Another dispatch from Constantinople, dated Monday and just regotved, states that the Grand Duke Nicholns teledraphed the Porte that the Russians will enter * Constantinople f tho British flect enters the Bosphorus, WILL CONSIDER TIIR MATTRR. Loxnox, Feb. 18—5 a. m.—A Constantinople dispatch states that Vefik Effendl, In the Turk- ish Parllament yestenlay, replying to Deputies who urged bt to act with moderntion towards England, protnised to cousider thelr representa- tions. A SPECIAL MISSION, M. Onou, forinerly first Dragoman of the Russian Embassy to Turkey, has arrived in Constantinople on a special mission, RUSSIAN ARMY OF OCCUPATION, A dispatch dated Vienna, Tucsiay, says: #Two of the Embnesics Liere received Informa- tlon that twelve battalions will enter Constantt- nopls to-morrow,* WARM WORK PROMISED, Pants, Feb. 12.~A telegram from Athens states that according to a seml-official telegram recelved there from Constantinaple the Porto has {ntimated that it would order the forts to fira on the Hritish flect If it attempted to en- ter the Dardanelles. TS CUANNEL PLEET. Loxpox, ¥eb. 12.—A P'aria correspondent re- ports that the English Channel squadron lave arrived at Vigo. ANOTNER REFORT. A dispatch dated Vienna, Tuesday night, con- tains tho following: “ A report s just arrived here that the Sultan s veady to grant the fir- mans demanded by the Powers for the admission of thelr flects. France and Italy have rescinded the orders to thelr Ambasaadors to obtaln firmans, because tho Ambassadors informed them that there was no apprehension of any- thing endangering life and property. Austria has not rescinded her ordera.” TORPRDOES, A Berlin correspondent telegraphs: “It fs reported that torpedocswre belng placed fn the BUID}IDHII." LATEST," Russian offictals were yesterday aoleeting quarters for the Russian troops In Constantl- nople, Lonnox, Feb. 18—5 a. m.—A special from Athens says If the English fleet goes to Con- stantinople, tho Greeks will reoccupy Thessaly and Epirus, A epceial from Parls says it s roported that tho Russian Embasay and a small Russtan de- tachment entered Constant{nople yesterday. ‘The report {8 not conflrmed. A Constantinople correspondent belleves the British flect hns been ondored to proceed up the Btralts. He does not apprehend that the Porto will offer active realstance, A correspondent st Vienoa says It {s re. prrted gm fierinany . hes announced sbe- will not send any shipa to tho Dardaneliuvs, ENGLAND. DERUY'S IOTE. Loxnox, Feb. 12.—Lord Derby, in the House of Lords this aftornoon, in replylug to an in- quiry by Lord Granville, sald ke hoped to in- form the House on Thursday that the intention of the Government has been earried out, and that the flect Is before Constantinople. Franco ond Jtaly have suspended thelr movement to- wards sending their feets, probably becauso the firman was refused. Regurding Austris, he ouly koew she had askod for s firman, TUE CONFRRRNCE, The only difficulty regardiog the conference was ahout tho place of mceting, which dilculty, ho believed, would be overcome. A VIOLENT sPEECIH, Joseph Cowen (Radlcal reformer), member of Parliament, made a violent specch in the House of Commons Jast. night ngoinst Russla, which the morning papers criticiso sharply as tendiog to provoka war, s IMPERATIVE ORDERS. Lonpox, Fub, 12.—~Willlam K. Smith, First Lord of the Adwniralty, replying to a questlon In the Houso of Commons last night, stated that the orders which nad been sent to Admiral Hornby wero clear and distinct, and sent on the Government's respousibllity, but it would be Inconsistent with his duty to stato thelr nuture. ‘Tho Press Association says it s understood that Admiral Hornby s fustructed to force the Dardanclies with, if nccessary, bls whole flect of franclads, The mattor caused a long dis- cussion to-day fu the Cabiuct council, OVERWOIK Loxpox, Fob, 18—5 ». m,—~All the workmen in the Sheerness dock-yard bave beon ordered to work over timo. ! BRAGOADOCIA. Loxpox, Feb, 12,—The Standard, fn its Jeader, says: * Waliavo reason to bellevo that the Porto will not much louger withhold the firman admltting tho British flcot, but its concesslon wiil not ameliorate thé situation," ‘It leader, which s very warlike, concludes as follows: *Wa havs the power to bring cunuing to naught, and reduce overbearing force to prudetice, and the Czar may rest as- sured that, when other argumcuts are oxbaust- d, we sball not hesitaies to employ it.” COMSERVATIVE OROANIZATION, The J'ost sunounces that from twenty to thirty members of Parltament, speclally inter- ested In the Exatera crisls, met ot the Carlton Club yesterday and decided to organize o moet- ing ot Conscrvative memburs to assurc tho Gov- croment of support in afirm, united policy which they regard as the only means of secur- ing peace. ‘Tho moeting expressed the strong- oat confidence in. Lord Beaconstield. Subso- quently in the House of Commons the move- ment roceived the aduesion of some tity to six- ty members almost immedlately. 8ir Lawrcnce Polk was elected Chafrman of tho meeting, AT TUE PORTSMOUTII DOCK-YARD over B,000 men are workiug overtie, Al- fllul;fill 500 fresh nands have already been en- gn.-i since Snunh{. cousiderable numbers are siill belng eutered. "Lhe Lords of the Admiralty bave not limited the dock-yard muthorities in regard to money, but have expressed tho desire that uot & moment be lost |n rendering the ships avallavle in any eveutuallty, ——— GREECE, 3 CALMING DOWY. LoXDoN, Feb, 13.—An Atneus dispatch says all the regular troovs who crossed the frontier have returned to Greek territory. The frregu- lars continuo to eater Thessaly to keep alive the insurrection. Rifies are belng dlstributed to them under Government superintendence. The Greeks scem to havo scted with great modera- ton during tho short fnvasion. Duriog the blockade of Domoco the Greek flsg rewained over the Greek Consulate, by order of the com- mander of tho Turkish garrison. GBEECH 7O PARTICLPATE 1M THE CONFEBENCE. Roxx, Feb. 19.—Tne Heorma believeait is de- cided that Greece shall participate in the Con- ference. MASSACRES. Arusxs, Feb, 13.—Groat indigaation bas beon FEBRUARY 13, 1878, . aroused here by a diapatch stating that the Bashi-Bazouks and Circassians were massacre- ing Christians at and around Domoco. WAR NOTES. RUSSIA TO AUSTRIA. Lonnox, Feb. 12.—Russia hes notified Aus- tria that among the questions withdrawn from the conaideration of the Conference are tho re- oraanizatiun of Bulgsria, the occupation of Bul- garla by Rusalan troops, and the reannexation of Besaaraols. This note has given umbrage at Vienna. . TIR DANURIAX FORTS, The Roumanian Ministers have infoxmed the Chamber that the Russlans did not oceupy the Danublan fortreeses when evacunted by the ‘Turks, but occupied neiehboring positions. DISMARCR Las notified the Parliamontary leaders that he will postpone snswering the Interpellation on the foreign polley in consequencs of the on- tinued chanzes In the aspeet of the Eastern question. It 1s rumored that Bismarck desires to be present st the Conference. DESSARABIA, Vienxa, Fcb. 12.—Austria does not object to tho retrocesafbn of Bessarabia, if Roumanfa re- talus tho mouth of the Danube, and docs not sequire Widden as compensation, DISTURBANCES, Disturbances aro reported tn Byria. Several inhabitants of Damascus have beon extlcd to Pola, STRIRK ENDED. Lownox, Feb. 12.~The strike of the Northumberland mincrs s ended, The men have nccepted & reduction of 123 per cent in wages. ALAML Loxnoy, Feb, 12.—Advices from 8lam say the King of Slam will send & diplomatle represen- tative to tho United Btates next year. It ls highly probable that through the influcnce of the American Consul at Bangkok the Bismcse Government will send a number of youths to America to be ednented. The vouths who were going with Mr. Chandler two years ago, but were prevented by Mr, Partridire, have been re- cently sent to Germany for their education, niEn, Lonnox, Feb. 12—Tlic Rev, Alexander Duff, D. D, LL.D., 8cottish missionary, {s dead, WILL RESIST. Lonpox, Feb. 12.—The Wigan weavers, to the number of about 1,200, will resist a threatened reduction of wagcs. i e FINANCIAL. THE BANK OF NORTII AMERICA., Hpectal Disnatch tn The Uhizago Tritune. New Yorg, Feb, 12.—The report of the spe- clal examiners whio have investizated the condi- tlon of the Bank of North America {s published. The examluers say: * The great losses of the bank during the past twelve years have been oo casioned by over-certification to a large oxtent for favored dealers, who, i a moment of crisia or panle, have used this favor to save them- selves at the expenac of the institution, In this way occurred the Meyer loss of $209,000, in 1800, and tho Willlama overdraft of $451,000 in the panic of 1873, by advancing upon unmarket- able sccurities, not of & solidorgenerally known intrinsic value, In 1872 after tlie Boston fire, an overdraft of 818,000 was perinitted, princ- pally u{mu shares in the Balisades land specula- tion. KBy Ineflicient supervision within its own walls the mavagement had become lax, Had the Cashier naintained the ordinary checks by one clerk upon another in bouk entries, and In the custody of cash jtems, and had the teliers been accustomed to un- uxpected examinations by him of accounts, the grave defalcation could not have goncon. Finally, in regard to the present conditlon nf the bank, we find 12 in posscssion of & remaining capltal of 8710,584.41, This is BAPYET PASHA. CoxsTAxTINOPLE, Feb, 12.—Safvet Pasha has started for Adrianople. —— THE PAPACY. PURERAL ARRANGEMENTS, Loxpox, Feb. 12.—Intelligence from - Rome says: ‘*In reply to auestions from scveral for- clgn courts, the Yapal Nunclos have been fne structed to announce that the funcral of the late Pope will be privately celevrated {n the Sistine Chapel on the 16th, 17th, and 15th {nst, Consequently the persons attending service wil do so fn n private manner. This course is adopted, It is belleved, to avold the necessity of cither nasluning or rofuslng to asslun speclal accommodatlons at the funeral for the Itallan Royal family and Ministers,’ THE COXCLAVE, The Chamberlain has declared to the Catholle Quvcrninents that the assembly of the Conclave n Rome must not be considered as nre{ludlrlng any questions affceting. the rights of the Holy Bee, " Tlhe Cardinals wiil assemble in the Con- clave on the evening of the 18th inat. The proc- lamatfon of a new Pope will be made to the Catliolle world from the grand balcony of the Vatican Basllica. DENIAL. Loxpox, Feb. 12.—A dispatch from Romo de- nics that the Cardinals rejected the iden of rec. onctliation with Italy, and says the declsion of such questions appertnins solefy to the Pope. Soectat Dianaieh 1o 08 Gnfenan iy inectal Dianateh to The Chicnan Tridune, Dunuque, In., Feb, 12.—The Pontifleal cele- bratlon_for the reposc of the soul of tho de- ceascd Viear of Clirlst were observed this morn- ing in the Cathedral of 8t. Raplacl's at 9 a. m. The bell from the church tower having totled the Jast signal, the cpiscopal suite cscorted our worthy and venerable prelate to the sanctuary, where all tho requirements for the celebration had been previously adjusted for the conspice uousand impressive occasion. In the aanctuary below the !'l:?;h nitar the catafalque rested oit the chancel, supported by o beautiful stand and surrounded by miassive candela- bras. All having properly reverenced the Most Holy Sacrament, the chianters commenced the office of the dead according to the . Catholie tte. The ceremonies were most impressive throughout. Pontifical Iigh Mass was colo- the ynu arc profited by and the management of the future fs watenful, to say that, if a singlo one of the Dircetors had carnestly and Intelligently done hls duty fu the cxaminations, in the meetings, and In the zen- cral supervision, tho laxity of manegemont might have been corrected, and the improper fortunate telicr’s embezzlement mighe all have been checked fn time." JOIIN T, HENRY & CO. Co., druggists, took place to«lny. A report was snbmitted to the creditors, which was adopted, ber, 1873, with an osteusible capital of $625,000; that it hLos pgone on from that to Jau, 1, 187, without dollar of profit, but, on the cootrary, bas absorbed In expenss and Josses an amount. of capital, and accumulated besides its present eoormous load of Nabllities, The asscts of the frm amount to §350,485; llabllitics, £04,060, In view of all the facts obtained, it was thought that the flrm's offer of bankruptey could only be pald by runnlog the trade works in tho interest’of tho creditors, by winding up the @enoral busiuess of the firm lorthwith, aud realizing all possiblo from the asscts nnd by the sale and manufacture of thelr proprictary articles. It was thought the firm would bu enabled to pay 873¢ ver cent of thelr labilltics, brated by the RRt.-Rov. Bishop Hennessy, assist- | 10 centa cash, five vents in six mouths, 10 ccuts ed by the Jl;*.' T, English, Deacon, the' Rev. R. | in twelve fuontlis, five cents in elghteca Power,” Bub-Déacun, and Assistant Priest tho [ months, and seven and one-half cents in twenty- Rev.d. Bay, four months, the due perforinance to be sceured 5T, 10018, by the assignuient in trust of the trade-marks, Ineciat Dispateh (0 The (hicagn Tribune. proprictary rights, aud receipes. Thirty-two Br. Lous, Mo., Fob. 13.—lequiem services | thuusand ‘dollrs cash iias been colloctod since wero licld to-day in all the Catholie churches, which were becomingly draped in the decpest mourniug, in honor of tho death of the Pope. At oll of the churches the services drew tm- mense congregations, BAN FRANCIACO, BAx Francisco, Feb. 13.—Holemn requiem services, in honor of the deccased Pope, wero held at 8t. Mary's Cathedral to-day. -The church was densely crowded, and thousands were unable (o obtain an entrance. Archbishop Alemany celebrated the solemn Pontifleal fligh Mass, aud preached & short dlscourse culogiz- fog the deccased Pontiff, TIIE ENGLISH GRAIN TRADE, WREKLY REVIRW, Loxpon, Feb. 13.—The Mark Lane Ezpres eays: Tho supplies of English wheat have been very limited, both In the country and Mark Lane, At no corresponding perfod within the past ten years have sales at tho principal mar- kete been 2o lght aa those for tho week euding Feb, 2. The importa of foreign wheat into Lon- don wero materially increaset! by arrivals from Revel, shipments from _that port not having been Interrupted by fee to Jan. 81, Germany has also furnishied a falr proporiton of supplics, but the Indlan arrivals have decreased soine, and tho Inquiry for thisclass of wheat Las shown signs of flagging sinco the market was well supplied with Americun snd Russian, AN IMPOUTANT MOVEMENT as regards the gralu-trade is the rafsing of tho blackado and reopening of tho Black Bea ports, Itrecent advices are to bo credited, the nceumu- Jation of grain in Odesaa alone ainounts to something like 750,000 quarters, while at Nico- Jafeft tho stocks are sald to excced 875,000 quarters, so that, should Amncrica aud Germany continus to export {reely, our imports durlng the spring will probably be very heavy. Thero is no doubt that a considerable firoporunn of the graln accumulated in Southern Russian ports consists of maize, but of whatever descrip- tlon there Is no doubt that holdors are most anxious to get {t off their hands as it is caleu- Iated that the loss to commetrce Iu_Odessa along by the blockade of the Black Bea bas been 78.0«),!!)0 to 50,000,000 roubles, With such large forclen -uppliu in perspective it can hardly bo wondereday that FRICES ARN WRAKER, and, apart from the political influences, as far as can bo seen, appesrances scein fo point to au ultimato, 1f not immediate, decline. Pricca will probably not vary much for swme weeks, for millers, who ss aTulo as bolaing little or nostock, will have (o supply their wants, as they have been doing of lute, and at about tha santo curroncies, as depressed values wust fol- low actugl a s and not auticipatea ship- ments. Tho requiremeuts of the country must inevitably be large between this snd the next arvest, as the homo crop of 1877 WAS UNUSUALLY DEFICIENT, sad stocks of English wheut in_ fanners’ hands have undergone considerable depletlon, A ye- vival fu the country demand sbould take place shortly, as it fe now some weeks sinca country millers bought with freedom, ‘The floating Cargo trado for wneat opened quiet, but towards the close of the week ‘)m:u fmproved (d per :\umer, owing to the political exvitement, Malzo .dull without quotable chaoge. Barloy neglected. MISCELLANEOUS, 1MIBL ONAIN YAILURES, BaLrast, Ireland, Feb. 12.—About ten grain firms have falled. Their total liabilities are cstimated at $1,000,000. ‘Ltio Ybster Exening Echo says: “ The position of a pumber of firms in the grain trade bas becn the subject of remark since last week, It ls no sccret that bills are lylng at tho bauk overdue, and the result will be very serlous to several firms. Old and cautious merchants and miilers wiil be untouched, or only lightly, while several who are touchced will be able to pull through. ‘The result of this sewi-paaic wiil be to bring trade within moderate and legitimate limits, which have been far overstopped in several ro- cent transactions.” URADLAUGH—-BESANT. Nuw Yorxk, Feb. 12.—A dispatch from Lon- don says that Charles Bradlsugh sod Mrs. Anule Besaut, the Irec-thought sdvocates sen- teuced to tiac, lmpdaoume;::l, snd polico sur- velljance on & cbarge of circulating an immoral pawphlet, teen released from scentence, the Court of Errors dectding that the omlssion axa& assignment. The creditors number over A NOTABLE SIIRINKAGE, New Yonr, Feb. 12.—The schedules of Abram J. Dovale and F. Godine, commission merchants at No. 26 South street, lately falled, stato the Habilities at §17%,000; nominal nsscts, $218,000; actual, $63,000, LONG 18LAND. the Rubber Company at Sctanket, Loog Island, have agreed to pay an asscssment of 50 per ceot and contiuue business. COLUMBUS, @, Covuoapus, 0., Feb. 1%.~Tho Straiteville Coal and Irgn Company made an assignmont to-day. Asslts about 853,000, Lisbilities un- koown. —— OBITUARY, Speetal Correspondence of The Tridune, ELGIN, Ill., Feb, 11,—~Charles V. Carpenter, an old scttler aud respected citizen of Carpen- tersville, aged ' 74 years, died yesterday after- noon, and wlil be burled to-norrow, Ho was born iu Rliodo Island, and has lived In Kane County sinco 1837, and owned farins near Car- pentersyille, north of here, which village was named fo his honor, fe wus the father of the ilon. d. A, Carpenter, formerly Assemblyman from this district. ‘Lhe deccased bhad been sufferiug for soveral years with a cancer in the mouth, and, about " week since, Dr, Hall, of Chieago, and Dr, Sticppard, of Dundee, removed ity with nearly the wholv of the lower jaw. Spegial Drapatels ta 180 Chiragu Tribune. BroosinatoN, ik, Feb. 13.—=Mra, Dorothy Stubblefield, of Fur (Grove, one of the pi neers of Melean Couuty, died to-day of poeus tonis. Bhe was the wife of Robert Stubbie- fleld, of Fuuk's Grove, and mother of nine chil- known citizens ot McLean County. siater of the late Hon, lsuac Funk. Mre. Busan A, Plke, an oid resident of Bloom- ington, died this moruing of cancer, 8he bad lived hero twonty-tive years, Coruunus, 0., Feb, 12.—=Mrs, John @, Desh- ler, & well-known resident nere, died to-aa: Bhe bequeathed her rosidence, valued at 35, 000, to this clty, to be used for an art-galle and $23,000 to the Columbus Female Benef olent Boclety, who aro to devote the interest arlsing from t\nu fund to the support of fudigent persons, 87, Louis, Mo, Feb, 12.—Tho Rev, J. C. Vills, D). D,, of the Methodlst Cuturch Soutn, and Fresident of the Central Collego st ette, Howard County, Mo, dlod at b n Fayette yesterday, o woa s native of virginia. 1118 connioction with the Central Colleze dates from 1880, Bhie was a A TERRIBLE TRAGEDY. Special Disvatch 1o The Chicagn Tvidune, CanLinvites, I, Feb. 12~A few miles south of this place, ncar Clydo, yesterday, was euacted a most horrible tragedy, The son of William Lancaster, whilo laboring under & 6t of temporary insauity, eutored his fatlicr's bed- room with a club, and before assistance came had beaten lls father to death, e was shortly afterwards arrested and brought to tl 3;)’. aud placed fu fall to awall trial, charged with the murder of his own futher, 'The verdict of the Corouer’s jury was that Witliamn Lancaster, ;:I‘: doceased, had met his death at the bands of son. ——— GRANDMA MUST PAY. Avecial Dispuich ta The Chicago Triduns. Nzw Youk, Feb. 13.—~The Murgan-Rutzer case has beon decided {n favor of the Blooming- ton citizen, and Mrs, Ells Boveridge's graud- mother must pay for the trou: u which was “worthy.the bride of a Governor's son.” Tho referca awards Mr, Blorgan something over $2.000, belng the sum expended for the outdlt, with faterest to date. ANTL-GERMAN 87, Lovw, Feb, 12.—A potition ¢tlgned by a large mumber of Irishmen wzs presented to the Bchool Board to-night, asking that the study of Germac In public schools be dlscoutinued, and provision be made for ‘tha teaching of Frouch, Celtic, ltallan, or suy other latigusge which the pnfi'nt of the pupli n{u duir:" T‘Ea movement s desigued to put & atop to the fi¢o teaching of Germau, of the objectionable worda ia fatal to the indict- | ment. thetr ampla protection to dealers it the lessons of It is not exnggerating lonna, the dangerous certifications, and the un- Nuw Youx, Feb. 12.—A meeting of the cred- 1tars of the suspended firm of John F.'Henry & showing that the firm started the st of Octo- tine tnaking one NEW Yorg, Feb, 12.—Thc stockholders of dren, among whom aro severul of tho best- PRICE FIVE CENTS. et WASHINGTON. Louisiana Matters conaidered in Cabinet Council Yes« terday. The Members with Oné Volco Denounce the Pending Persecutions. Ceremonies Attending the Presentation of Carpenter’s *Emancipa- tion" Pioture, Alexander Stephens® Panegyrie on th Life and Character of Lincoln. Points in Gon, Butler's Forthooming Bpeech on the Bilver Bill, No Heduction of the Whisky Tax at the Present Session. Character of @ Bubsidy Scheme Kow IHatehlng I Honse Committee, LOUISIANA., - THE PRESIDENT GETTING TIRED OF ONE-SIDED ** RECONCILIATION." Snectal Disvatzh to The Chicago Tribune, Wismxnaroys, D. C., Fob. 12.—The late oo~ currences in Loulslana wero the subject of carncat discussion in the meetingof the Cabinet to-day, nnd the fact was declarcd that the Presi- dent and his constitutional advisers sro unanimous {n the belief that the presccus tlons of iho Returning Board are breach of good faith on the part of tho Demo- crata of Louistana, arein violation of tho under- standing between the President and the repro- scotatives of the people of that state, and that thelr tendency wiil bo to destroy the confidenca of the country in the good intentions of the Southern Conscrvatives and to reopen old ecctional controversics which it haa been the alm of thoe President to closs forever. Boma members of the Cabinet, either from having been witness of what took place fo Loufsiana a a year ago, or from thelr less conscrvativa tendencices, show greater Indignstion than others, Becretary Sherman’s opinions are known, for ho has already published them to the world, What be says in such forcible languago is {n- dorsed by Sccretaries Thompson and McCrary and by Attorney-General Devens; and fn re- ®ard to any measurcs that may be adopted by the Prosident it may be sald with confidence that there will be NO DIVISION IN TIIE CADINET. The President has already addressed a letter ta the Attornoy-General calling his attention of- ficially to the conviction of Gen. Anderson and the arrcat of other members of the Returning Board, and asking for his opinion ss to what the Exccutlve can do, If soything, to lusure ‘to Wells und Andorson and their aaso- clates falc and just treatment. In this letter, which will probativ be published to-morravw, with Gen. Devens' reply, the President takes occasion to cxpress in very ~vigorons language his opinion of the procecdings before the court in New Orleans, and to characterize them as he thinks thev deserve. To glve more force to tho communication he reviews briefly the history of the cvents which preceded tho nccession of the Nlcholls Admine istration in Loulsiana to undisputed power, aud recalls the gencral understanding thsg was arrived at, giviog omphasis tu the wholu by quoting fromn the resolutions of tho Nichiolls Legisiuture, and from letters write ten by Gov. Nicholls. Vreaident Haycs' letter is not long, but, Mk all his State papers, It 1s direct, polnted, aod uncquivocal, and shows bes youd ali question his DETERMINATION NOT 7O BIT 8TILL and allow men whom he believes to be innoceny to bo outraged and oppresscd, as hie thinks the members of the Returning Board are. The lot- ter would probably have been published to- night but for tho fact that ft fy belog revised, Morc “snap" s _being put Into it, Attorney-Uoneral Devens will act very promptly in this matter. o has never looked upon the Southern policy of the Administration with that unquestioning contl- dence that has bocn felt by the President and some other members of his Cabinet, and has never held that tho Uresident could not change his policy nt any time f circumstances should scem tu demand, Not that ho or any one else to whom the Presldent looks for advice contem- 1 the possibility of military Interference y circumstances, but ho has looked upon the overtures of tho Prosldent towards the South as 1u somo degrec experks tnental, not to bo persisted in unless tné South shuwed itself ready to reclorocate,—to meet the Prestdent at least half way here ure several wuys in which steps can be taken ta hove the proccedings of Judge Whittaker's Court reviewed, aud une of thess (Can, Devens will, undoubtedly recommond to the Fresident to-morrow, The Prealdont has spoken without reserve on this subject to-day tu every uno who has approached him, and ree terred to [t In conversation, lio has shown XO IMPATIENCE OK YINDICTIVENESS, but ho has ovluced n deop feellng which some deseribe as a seuse of lnjur‘. and a deter- wiuation that will not be shaken tg act with promptoess and decislon. No mau fo the country believes more m;&umlr in the law- fuluess of all tho Heturning Board's proceodings than Iresident Hayes, o thiuks the members of {t did thelr duty in countiy the vote of Loulslsua consclentiously an fearlessly, and he does not believe that any other result than that which was nounced could have been legally reached, It fs not, therefore, from any seuse of obligations to Mesars, Wells, Anderson, and thelr associatos, for a service of doubtful character ef to tho party or to himsclf, that ho now feels bound to DO WHAT I8 CAN tosavo them from the maliguity of Bourbon l:maccutlon: hut it 18 from his sonsoc of justice, ased upon & belicl that they are belng dursued simply bocause they did thelr duty consden- tlouslyin a thme ol great trial if not of dan. ger. As an examplo of the . President’s ’“"“f on this subject, reference may be made to an uterview between bim aod Dr. Lorlug, of Massachusetts, to-day, in woich be spokoe very indiguantly of the tourse pursucd by thosa haviug clarge of the Returning-Board trials in New Orleans, ond by the Bourbons who aro urzing them on, He fs reported as baving said to Dr. Lorlug that these prosccutions wera fusplicd “by the, devillshness of the worst clements of Loulsiana politics,” 1o added that he sbould give the subject instant cousld- eration, aud that bo would resort to BYBHY LEGAL EXPEDIENT 10 arreat any further persccution of the genfle- men reterred o, llwku of tho lotter that he lad slready addressed to At'y-ten. Dovens, usking bis opluion 88 to the powers of tha Ex- ecutive In the premises, and as to the most di- rect uud effoctlve meaus of reaching the case, 1o a conference with several other gentlemen, the President EXPRBSYED IIMSELY wnunnnnmnnxul and sald that bo was wliling to uso all peacefy ineans 1o arrest this jujustice, but absolutely refused to entertain the fdea of empln’ymg)lum. A telegram was rocelved to-day from’ Goy. Nicholls| hchhulnulllymxmhr withthemove- mentagulnst the Returning but admitting that he was powerless to Iuterfere to preveot those who havo ussumed control of the matter from carrvivg out thelr purposcs. The L aEw ou’x.}:n’rcunnw%ounab i 8 Becretary of the Tre a3 direc the Sollcltor of “the ’l‘mnur-y“tl:;y ascertalo what autbority _the United Hiatcs can exerclss over the New Orlcans Custom-House. It sppears from this cxamination of the rocords that the State of Loulsiana bas never ceded jurlsdiction to tho United States of the ground upon whica the Custom-Houso la situated. The

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