Chicago Daily Tribune Newspaper, February 18, 1878, Page 4

THE CHICAGO The equalization of the gold, ellver, and paper dollars will follow so soon ns it is pos- sible to coin silver dollara of n legal-tender character. Any man who oxpeets to buy siiver dollara for 00 conts in gold, merchandise, paper, land, or Iabor, will find himself mistaken. Tho country has reacon to rejoice that Con- gress has henrd and obeyed the notional will, The whole power of tho moncy intorest was not able to buy any Bonator or Representa- IBUN MONDAY. FEBRUARY I8, 1878, it docs not appoar that tho fasue of the frre- | and most effective ono that can be adopted, deomnble Trensury notes shall conse aftor all | The Government ia not now in'a position to tho National-Bank notes shall have been re- | dofend the Roturning Board directly, or to tired; tho presumption is that the printing- | proteet it agninst o cruel and infamous po- premos will be kept in operation, and it ia | litical porscoution. It canuot cvon establi-h likoly that tho machincry will have to bein. [ the technical guiit or innoconco of the crensed and run nigit and day in order to | accused by diroet ingniry. This was ono ot keop supply of notea commonsurate with | the things it resolved not to do whon it ac- tho deeling in their value, copted the Lonisiann compromise, 1t wes It in impossible to concoive of n more | ono of the things the Governmentof Lott- put an end to tho nncerininty which has ko long prosailed to the injury of Dusiness interesta thronghout the country. If they can ngree npon this policy, s now Aeems probable, the bill can be received in tho Honsa to-day and passed without de- Dbate or nmenidment. The Prosident la once more represonted aas having expressed n de- tormination to veto the Lill,—which, if true, 1 an ndditional reason why the Houso shonld Ttussiana may bo roachod throngh tho terr- torica of the formor, Apart from the phys- ical difffenity of England and France moving large bodies of troops so grost n distance through tho Austrisn Empiro, the sklilfal diplomacy of Gonscriaxorr appenrs to have boen suceessfnl in preventing all possibility of her accomplishing this by his nndorstand- ing with Prussis, which will effoctunlly rosirain Austrie, In nddition to this, it In tho Vth of April, 1876, in this Honate, Mr, Jonn Snenuay, then Chairman of the Com- mitteo on Finance, in reaponao to o quostion from him (Maxer), said no Iaw hnd pasaod domonetizing tho sllver doliar. That was threo yonrs after tho passaga of the bill" It is. moro thon likely that Jony Surniay wna not aware ot theiimo of the trick that hod been played on sflver by tho codifier of tho statutea in 1874, who finished by stealih @he Tribwe, TERMS OF SUBSCRIPTION. NT.MAIALIN AD H-Weekly, one yes 1 fnmrglly Fatio Partsof & year, porm ’ ass it prompély aud give him the oppor- egregions financinl absurdity than this bill | fsinua also resolved not to do when it begged | well known in Eogland that on tho first | tho domonetizing conapirncy, the first part e conr. | fify’g" o rnnll.y. WIRESY . | tive from his sllegiance to the popular will, | sets forth. It will not stand the scratiny of | recognition of the National Government. | suitsble opportunky Prussia will nttompt | of which hind boon clandestinely pnssed in b of four. .. ———— and from the groat intereats of tha people. The vote in Congress, howsver overwhelm- ing it may bo, falls short of expressing tho unanimity of the country. Tho Becretary of the Trensury may recognizo in this vote n popnlar decislon which he cannot disrognrd. The President, supposing that he ever con- tomplated n veto on a matter of legislation g0 peculiarly vested in tho discretion of Con- gress, cannot clogo his eyes to tha fact that such a proceeding has already been substans tinlly nnticipated and roversed, and is no longer open to discussion. fpecimen coples sent free. Qv Post-Uthico address tn fol) Including Statesnd County. ' Ttemittances may bo made either by draft, cxpress, Poat-Office order, or in reglstered lctters, at our Hske TERMS 7O CITY SUNSCRINERS. tho onnoxntion of Belgium and Holland, in the independonce of which England hoa af- focted to think herself specially interested, nud that the employment of her forces elac- whero will give to Prussin the opportunity sho seoks. Tho attompt of the British Government to send o portion nstead of tho whole of its fleot to Constantinople, after asking thorefor tho permission of tho Rusaians and Turks, 88 woll as tho orders requiring officers dee tached at great distances from their army dutics to hold themselves in readiness to join thelr rogiments, instend of or- dering thom to join forthwith, would indi- cnto that active intervention in the war is only contemplated by the British Govern- mont as o romoto possibility. No othor stop looking to notive military operntions socms to havo been made, althongh innny prelimi- nary monsmres are of much moro importance, nud it may, therefore, be concluded “that “Digerotion s tho bettor part of valos " will, in this case, bo tho motto of the English Cabinet. Not baving the power to restrain and re- duco tho results of the war by direct force, tho efforts of Groat Brtain will andonbtedly ‘o to endeavor to do so by diplomacy in the cnsuing Conforonco. In this she will bo nlded by Franco pnd Austrip, whils the prob. abilities scem that sbo will bo opposed by Prossin and Beandinavin, I this sliould prove tho case, so that GORTSCHAKOFF, 43~ sinted by BisMAnck, {8 opposed to Disrazrt, GauperTA, and Anppassy, the resnlt can searoely b doubtful, aud it will probably bo thew, what {t {a now, that Russio i3 mistress of tho situation, Inw, politicn] oconomy, or common senso. | But the authorities at Washington etill have As to the Iaw of tho case, it has been author- it In their power to justify the Roturning itatively construod by the Snpreme Court of | Board by going buck of tho roturns and as- the United States, which held sbsolutely (1) | certaining why some of them were thrown that the issuo of non-interest-bearing notes | ont and others modified, Tho Federal with tho enforced function of legnl-tender | Courtsa may proceed agninst the ‘White was only fustifinble s an imperions, over- | Loaguo with t loast as good prospects of whelming necessity, ns in tho event of war; | success na the State Courta have proceoded and (2) that such issne must never excéed | ngainst the Roturning Board. They would, the limit of 2100,000,000 prescribod by Con- | morcover, hava the satisfaction of finding in gress in anthorizing tho groonbacks. Tho | the end ample justification for all that has bill proposing to substituto greenbacks for | been dono by tho Returaing Board in cor- National-Bank notea violates both fontures of | recting tho rosults of partisan ouirages. thia final construction of the law. It wonld Tho ravival of tho old conflicts batweon bo an jssme of irredeemoble Gov- | Ropublicana and Democfats in Lonisiona s ernment notes +in timo of profound [ not desirable, both because tha peace of peaco, when no emergonoy or contingency [ that community has suffored from them too can Vo eiled in justification thercof, and such | much alrendy, nnd because tho Northern issne would bo 1n excess of the limitation | people are impationt of avy prosecntions for fixod by law, There is no reasonablo doubt, | past politieal offenses. The whole ground thereforo, that tho Bupreme Court would | for notion was removed when the Louisiana hold the entire procceding.as unconstitu- | compromise was ratified, immodiately aftor tional, aud all such noles in excess of tho | the inanguration of President Hayea. That 400,000,000 limitation would bo worth no | compromisa was nccopted on nll sides 88 moro thau tho paper on which they wero | final settloment of tho mntters in disputo. printed. Tho persons who have violated its spirit, and As o mnttor of political economy, the pro- | dragged tho ghosta of dond and butied quar- posed jrsuo would be as sorions an error a8 rels out of thoir retirement, will bo re. could be committed. Tho Governmont wonld | Bponsiblo for the scandal that moy follow. be depyived of ita present means for obtain- | Responsibilty for this sction must rest ing tho coin to pay the intorost on the pub. | Where it bolongs. Tho firat step towards lie dabt, sinco It 1s proposed that thoso now | Ascortaining whero it belongs will be taken notes shall bo receivablo fn paymont of cns- | Whon Gov. Nicnonrs declares himsell on ono toms duties. Tho Govornmont, thero | sido or tho othor. In order that he fore, would ba ot the morcy of tho |may do this, it ia sltogother | de- brokers in tho purchaso of coin for this | #irablo that ho bo lot alono by tho Repub- purposo. Tt s not possiblo to catimate tho Tiean londers nttho North, If he is renlly on onormous losses that wonld ba incident to | the sido of Titpzn and the'irreconcilablos such n system, Tho practical doubling-np who nro secking to promoto the interesta of of tho groenbacks, one-half of which would | that unhappy old man, ho will confirm tho not oven contain o promise to pay, wonld of | vordiet sgainst AwpEnsoN and push that itself rondor tho prospoct for resumption so | sgninst Werrs, If ho iz an advocate of remote aud dim that there' would be n- | pescs and tho honorable fulfillmont of his stontancous doprecintion. The unlawful | plodges, ho will rolenso Axpznsox before the charnctor of the issuo would incresso this | doors of tho Penitontlary can close ovor him, depreciation. Gold might bo at a pramium of | When he has taken decided nction ono way 45, §0, 76, 100 per cent; in fact, thero iano | or the other, the Administration can decldo Aimit to the docline in the valuo of theso | what courso it is called updn to pursue. notes, a8 tho Government should bo forced Until thon, it neod take no nction excopt to issue them by the milllons, and constautly | anch ns may bo nocossary to remind Gov. incrense tho volume, in order to [ Niomoris of Lis pladges and inform him of obtain tho nocassary gold for tho pay- | tho penalties of bresking thom ment of intorest. As it s also proposed | pyeey s " ENGLISH DIPLOMACY. that _thoso 1 "0:“ A ahall I”b u;:\vnbl; The questions now prosented to the British in exchango for the 4 por cont bonds, and | g0y pent for solution pro probably morae tho notes so roceived sold for gold with momontous than any which English states- which to radoom tho 6 por cent bonds sub- mon havo yet been ealled on to decide. For joct to call, thoro would bo a loss of untold rios tho policy of Great millions in this system of exchange. Tho fi::;ummmp;o": f‘[:;vflwy by nvo?yflx‘nfl::n: ;‘: oporation of tho proposed bill would gradu- hor power, a8 o barrler botween Kussln and ally wrock Governmeut credit, for the only tha direot lino to India. Every effort mado oscapo from sucha whirlpool of losa and by Russia for extonslon of torritory botweon debt-incranso ‘would bo through the medium the Caucasus and Constantinople, or for in- ot ropudintion. creaso of political influonce in that diroction, Comiuon sonso 1s nocesasrily as intolorant | 04 poon viowed with dlstrust and sternly of this suprome idiocy a8 law and politreal | ogiatoa by her. 'The ndvances mado by Rus- cconomy, Thero would bo no suoh thing a3 | iy yn tho Caucasus and Central Asia, although pormanenco in values. All busiuess would | gynosed by hor with overy specics of in- bo in tho maturo of gambling, nnd o | 4rigue and bluster, has not, however, won could judgo omo day of what | a0y copsidored by tho Dritish Gov. his condition would bo the noxt. | grpont o sufficlont causo for tho Uho nstural progress of the _gohiomo, adoption of moro important monsuron, It would Yead'to & 'niitfiapial "rmzc:” {The ‘come"| yus thoroughly known that tho topograpliteal merco with tho outsido, world, which would | gantures of the intervening country afforded not recognizo this lunatic’s moko-shift for | 4, fupnssble barrier to any Russlan military monoy, would bo subfect, to readjustment | j¢orforonco with Indin. ‘Tho mountain. from day to day. Wo would be regarded a3 | yungos which separato Indin from the rst of o nntion of idiots, rushing along to ropudin- | Agin and thto desorts lying boyond thom, tion nud diskonor, aud sonsiblo peoplo the reud’or it impregoable to invasion by lnml., world over would avoid commorelal rolations | Aynough no positive sssertion to that effect with us a4 for o3 possible. Thero might bo | pay hoon mado, it is woll underatood that tho a yoor or two of deluslon, dutlng which | jyaroata roferred to by the Dritish Govorn. thongltlesa pooplo could persunde them- | yont ag thoso for the proteation of which it selvos thnt falso stimulntion was genuino { woqld abandon its position of noutrality and vigor, nud that n diluted and worthless eur- | {npervenain the presont struggle, wore thoso renoy in abundance was real property, DBat portaining to tho lncs of tho Euphratos, tho universal smash-up could not be delayed | 4, by meana of her naval supremacy in very long, and we wonld pay the penalty of | 43,6 Mediterranean, to the absolute control, debanch by n long ora of depression and suf- | when necessary, of the Sucz Conal, Thess foring iofinitely more dreadful than tho | ywo causcs havo dictated the policy preseat [inrlm[ resulting from tho pnnio of | of Groat Britain for years. It waa to ren. 1873, - dor still more sccura these two routes that, THE POLITIOAL PERSECUTIONS IN Loul- | by the lufluence and iutriguo of Great BIANA, Britain, the Boaphorus and Dardanclles have horetoforo beon closod to Russin. Aotunted by these canses, tho British Government has proviously strained ovory nerve to malntain its overwhelining influenco at Constantine- plo, and it has until now, by means of thiy influonce, succeoded in altalning its end, Until My, Lavaup, the present Minister of Great Britain, was sont to)Constautinople, it was tho habit of the British Government to solact ita ablest diplomat ns its ropresontative to tho Turkish Govermuoent, 'This scems to linve beon lost sight of by Mr. Disnaert in tho presont crisis, or, if not so, ho haos perpetrated an unforinnato mistoke in the continuanco of Mr. Lavanp os Britivh Envoy to Constantinople. Tho success which Ruasia has achieved in fully carrying out her traditional polioy is withont n parallel in history. Tho adroit diplomacy of GonTtsonanore, which, ajded by tho sucoess of her armics, sccomplished this, has nover been oxcellod, If tho British Government had buon composed of bhildron, it conld not hovo been more befoolud;nor could it havo displayed moro childish timidi. ty and uncortainty ug to passing ovents, sc- companied by more arrogant braggadocio, the innocont-looking bill for the **better Gontacmarorr is said to have intimated regulntion of tho Government M'nts.” to Denroy a desire that the United States be invited to send o rapresentative o the Bnden Congross, and the Dritish Ministor of For- eign Affairs is reported to bo entirely agree- nble to tho suggestion. Russin would natarnlly be gratified at securing the support in the Congress of n nation whose sympathies and good wishes have been so strongly on her sido in the war with Tarkey, but, as any such participation in Europoan affairs would be directly opposed fo the neutral policy invariably pursued by the United States Government, it is safa to assnme that the invitation, if extended, wonld be courteously declined. — The extraordinary zen! shown by Land- Commissioner WiLLiamsoN n rescuing for tho Government Innds o which it bas laid no <laim for more than thirty years ought not to have stopped at Denrborn Park and the Lnke.Front property; this devoted public sorvant neglected to earry histheory to its logieal conclusion, and pormit the Varnen. T1Ng serip Innd-pirntes to *“locate” upon all tho streets and alleys which the Government donated to the City of Chicago at the timo tho original plat of the Fort Dearborn Addi- tion was recorded and the lots placed on the markot for salo. Tho Socretary of War had no more right to giva away tho atrects sud alloys for the purposa of enbancing the valug of the ndjecent Iand than ho had to donate the plensure ground now kuown as Denrborn Park in order to render the re- mainder of the tract moro marketable. Such {a the view likely to bLa taken by Secrotary Souunz, who will take up the ease more with roference to the meritaand the equities than to the furthorance of tho schemes of tho land.grabbers, THE EUROPEAN SITUATION, Tho Eastern kaleidoscope haa taken an. other turn, and raveals to us an uttarly dit. ferent view of the situation. When tho King of France with 20,000 men marched up the hill and then marched down ngain, ho performed tho snme feat of maaterly rotro. gession that the English fleet hns succeeded in achisving. » Thae Euglish {ronclads sailed up to Constantinople, and now have saled back agnin, having nccomplishied nothing ex. cept to commit on overt nct of war, which would justify the immedinto resentmont of Tnrkey, and to leavo the Rusahng prociscly whors they were bofore the ironclads lest DBesikn Bay. Thus the Grand Duke Nicio. a8 18 freo to oxchange visits of courtesy with the Sulten, without tho disagrecallo prosencoof an nninvited third pasty. The kaleidoscopo shows still othor chaugos. Aus. trin hns dechined {o imitate the silly broggn. doclo of England in sending ironclns into tho Bospliorus, All the Powers lave agraed to a Congress, not a Conferonce, wwhoro thoy #ill bo repremouted by their Ambnssndors,” not by specinlly aceredited dolcgnfes, and Baden-Brden has been seloct. ad as tho locality, instend of Vienna. In both theso radien! changes, the deforence to the influenco and diplomney of GonTscraxory in seen in tho latter thera aro irdicntions of tho hand of Bisuancx, piacing Gormany in 1he relation of nn arbiter belween the prin. cipals in‘this struggle, and o dictator nmong tho Powers indirectly interested. It menus that tho gomo I8 in the lands of Russia, for whethor Gormany arbitrato or intervene, it will bo in favor of Russin. Hhe hasnl rondy givon ont that she may be called upon to nso her good officas ju the intercsts of peace, which is only tantamount to a generl notifieation that sho will enforco her de. {ormination against any Power that secks to futerfero with tho preservation of peaca, In viow of the new turn in the tido of af- Iairs, the uvcn(Llu\dlng up to it become of more than ordinary intorest, especially from an historieal point of view. Wo aro ennbled to got ot theso from soveral columus of offi- cinl correspondenca printed in the Londen T'imes of n rccont date, and give them in briof. TheEarl of Dznoy sent o memoran. dum to Count Sciouvarory, Dee, 13, 1877, u which be expressed tho hope that, should the Russinn armics advance to tho south of tho Balkans, *no ottempt will Lo madeta occupy Constantinoplo or tho Dardanclles,” and that, in tho contrary ovent, the English Governmont would consider itsclf froo to tako any course necessary for tho protection of Dritish interests, Count Bomouvavory roplied, Jan. 2, 1878, that the Russian Gove crument had no intentlon to acquire Con. stontinople, ns that was o common intorest, to bo rogulated by a goncrnl under. standing, - At tho ssmo time, Turkoy must bo obligod to mnko o #olid pence that should givo gunrnntees ngainst tho return of those crlnos that disturh the ponce of Russia and Europo, and the Czar ** lins alwnys reservod to himself, and atill continues to claim In rogand to this point, tho tall liberty of action which is tho right of every bolligerent.” As ho s at o loss to undorstand how Dritish in< torosts would bo affected by such s course, ho roquests o clearor definition -of thowo ine torests, In onswer to this inquiry, Lord Denny on the 12th instructed Lord LorTus, the English Minister at 8t. Potersbury, as follows : To state_ta Prince Qontacuarorr that her Mafesty's Qavernment are of oplnion thatany opcrations tunding to vlaco tho passage of the Dardsnoties under the control of Russla woula ve an tupediment to the proper consideration of tho tersun of tho fnal settlemcnt hetween Russia auld Purkey, You will ask his Ilighness whetlier hio 14 willing ta yive an naaurance 1o hor Mu ' (Joy- ernmont that no Itusiag force shail be vent to the Fenlnaula of Gatlipoll. ‘Tho réply did not come until tho 16th, when tho following memorandum was handed by Qonrsomaxorr to Lord Lorros: Tho Inperial Cabinct has no Intention of directe Ing milltnry operations npon Gallipolf, unless tha Turkiets_regular troops should le concen! Dafly, dtelivered, Funday escepted, 23 cents per weok. Latly, delivered, Bunday included, 30 cents ver weok. Adiren THE TRIBUNE COMPASY, Corner Madison and Deatborn-sta., Chicago, 1l Ordera for the deliveryof Tuz TRinUNEat Evanston, Englewood, and Hyde Park leftIn tie Counting-room wilirecelve proinbt attention. TRIBUNE BRANCH ?FFICES- Tnx Crticano TRInUNE has eatabllshed branch ofiices for the recelptof subscrintionaand adveriisements &8 followa: NEW YORR~Room 20 Tridune Duflding. F. T. Mce Favoes, Mansger. PARIS, France—Xo. 10 Rue do 18 Grange-Bateliero, 1, Manexm, Age LONDON, Ef Amctican Exchange, 440 Strand. Uzsny F, GiLiia, Agent, BAN FRANCISCO, Cal,~Talace Hotel: Pt iy TAMUSEMENTS. THE DECAY OF SOUTHERN PRIDE. Tho timo wna when the sovereignty of the States was recognized by Southern men generally, but especially by Southorn Dem- ocrats, Souators in Congress recognized that thoy represontod States, and that Stato Leg- islatures represonted the sovercignty . of States, to tho extont of requiring obedience to instrnetions. In those days Bonthern statesmen did not admit that it wns consis- tent with honor to rotain n seat in the Son- ato nnd voto against the instructions of the Logislatore, Thoy preferred to vote aa in- struoted, orresign, It was not so diffienlt for tho class of men then chosen Senators from the Sonth to be clectod. Buch & thing s resigning nowadays is never dreamed of by Bouthern statesmen, Tho instances of Sonntors from tho Sonthorn Btates who ro- signed sooner than disoley their sovoreign anthority, and soonor than oven voto against {their consclences, aro numerous, nnd they inclndo somo of the purest and ablost states- mon of the South,—when mera officeholding &t tho South was regarded ns an official incl. dent ,and not a porsonal perquisit, or an ond to bo pursuod by Southern men worthy to ropresent sovereign States, Tha fact that that high sense of principle and that strict regard for the sovereign will of tho Btate no longer oxists at tho Sonth, and, wo suppose, hns passed away forover, s now notorions, In 1861 tho sovercign an- thority of South Carolina, Georgla, and Mis- sissippi commanded the votes of their Sen. ators and Representatives, aud . the instruc. tions of the Btates wero obeyed implicitly, oven to the disruption of the Union, tho Constitution, and the Government. This, however, is not likely to occur again, and rospect for State sovercignty is not likely to Dbe earried to tho oxtent of resigning a sont in Congress, Meaars, Patreason of South Caroliua, Mt of Goorgia, and Lauan of Missiesippl, bave choson to deofy the popular will of their respoctive Btates and vote ngainst tho Bilver bill, Mr, Lauau's cage is the moro romarkable, Tho Legislature of that State is almost unnnimously white and Democratic, and of conrse unanimously professing tho sovereign puthority of the State and tho obedionco and allogiance duo by the citizon and ropre. soutativa to tho sovereigu will of the State. The Legislature, by an nlmost unanimous vote, indorsed and approved the naction of Senntor Bnoc, o colored man, in voting for the Silver bill, and then instructed its Song. tors to vote for tho remonctization of eilvor, Bonntor Lasan might have resigned or oboyed instructions; ho did neither, show- ing no more rospect for Stato sovereignty thnn if he had been n champion of the Nntional Union all his life, Benator Luaan professed a higher morali- ty than the two-thirda of tho Bonators who voted for theSilver bill. Others might bo dis. honest, others might war upon the nntlonnl eredit, and degrade the nationnl charnoter, but he was not that kind of man, and ho woull not vote to permit men to pay debts in silver, ns thoy had contracted to do, when thoy coulid bo compolled to pny gold, even by tho confiscntion of their property. 8o Benator Laxan, thanking Lis stars that ho was not as dishonest as tho fifty-two othor Sountors, nor a8 dishonest ns all the mem. Loy of tho Legislature of Mississippl, voted to add 20 to 80 per cent to all publio and private debts by making them payablo in gold. THE LATEST FINANCIAL DELUSION, It waa reported two or threo dnys ago that tho Housro Committeo on Vanking and Cur- rency bad agreed upon o bill to substitute gracobacks for tho outatanding Natlonal. Bank notes. As thia is tho Committoo headed by Buckxen, of Missourd, with Tox EwiNg, of Obio, as his chiof licutonnnt, tha roport is probably truo. Tho particulars of the plan proposed, as thoy ore stated by the Wasbing. ton correspondents, make up tho wildest scheme that has yet been concocted for the manipulation of tho ourrency., The Treasury notes with which the Natlonal-Bank notes aro to bo dlsplaced nro sald not even to con. tain n promiso to poy, but merely represont that *The United Siates of Awerica arc fu- dubted to the bearer in the sumn of —— dol. laru.” That is {o say, thoy are to bo in. definite and frredecmnblo cortificates of in. dobtedness, The idea ia to embody the principle of thu Greenbackers by stamplng n pleco of paper with the legond, * This is a dollar,” and sevk by legislation towako it so, Nathing can exceed the fundamental folly of this achome, unlessit bo the details where- MeVicker's Thentre. Madlson strect, between Dearborn and Rlate. “'The Two Orphans. Meadames Maye, Don, Ttogere. Ftoneall, cte. Messra, Learoek, Lee, Pearvon, Iteed, ote. Hooley’s Theatre. Tandotph strect, between Clark and LaSalle. Fngugement of Mme. Janauschok, **Cathering of Tusala.™ Now Chieago Theatres Clark street, opposite Sherman House. Engage- ment of Miss Itose Wood, ** cuinmc." Tinverly’s Thentre. Monme sireet. corner of Dearborn. Fogagement of Colvllie's Folly Company. * abes In the Woods." Cohseum Novelty Theatre. Clark strect, oppostte Court-Touse. Varlety pere MONDAY, FEBRUARY 18, 1878, CHICAGO MARKET BUMMARY, The Chicago produce markets were moderately active saturday, and gonerally weak. Mesd pork clored 25¢ per brl lower, at 810.40@10.421 for Mareh and 810,674 April. Lanil closed 74ic per 100 Mg lower, at 5 for March and 87.45 for April. Meata were unchanged, ot 83,023 per 100 s for boxed shonliders and 35,45 fordo short riba, Whisky was steady, at 81.04 per gallon. Flour wasin active demand. Wheat closed 2e lower, 035 fur February ond $1.00% for March. (@1 lower, at41ie Tor February nnd 4il5c for May, O nged e lower, at 245¢ #pot and 273 + Hye wua Srmer, st 53% @ate. Barley closed e bigher, ot 48¢ spotand 48t5c for March. Jogs were firner, at £3.80@24.10. Cattle were dull and weak. at 82 50@5.25. Sheep were firm, ot $3.0025,00. Since Nov. 1 Chicago bas packed 2,240,573 Logs, against 1,400,750 in e same tTme one year previously, The packing of the West o date s eattmateu at 5,700,000 head, 0.2 percent of which has been fonein this city, Recewved In Chlcago last week, 50,233 bris flour, 603,740 bu wheat, 880,834 Lu corn, 100,332 bu oats, 11,800 bn rye. 100,748 Lu barley, 0,701 dreseed howy, 148, 142 live hogy, and 24, 578 cattle, ixported New York last week, 45, floar, 700,470 bu wheat, 217,242 bn com. In- #peeted into store in this clty Saturday morning: 101 cary wheat arw corn, 43 cara vate, 0 cars rye, 10 cars barley, Total, 327 care, or 130,000 bu. One hundre 8102125 In green at thuy close. Dliritiak wero guoted at 03 516 snd steriing exe changu ot 34,50, DUPLICITY OF DAWES. Senator Dawes, of Mnusachusctis, doliv- erod n barange agelnst the Silver bill lnat Thursdsy. Tho substanco of what ha snld in o coupla of hours i» thus opitomized in tho press report: Hr, Dawen, of Massachusetts, argued that the il demonetizing wilver was thoronghly esamined and dinciissed. o denfed that the demonetiza- “ton of siver was smuguled through Cangrese, ‘No measure during the 1ast two years had boen so -pr‘nnddhclnm the public and 20 deliberatcly ex- amined. 3 ‘The reputation of Mr. Dawes rests on his skill ag n epocial pleador or quibbler. Wo uso the word quibbler to denote one who ovades the qnestiou or point at issue by arti- fico or duplicity. Thore was a bill before Congrona to collato and codify the varions lhoterogenoous and conflicting Mint aots, which bill was Iazily, suporficially, and care- loasly oxamined during the sessiona of 1872 and 1878, It was understood to bo s Mint Codiflontion bill, and nothing else, It was entitled ‘¢ A bill for the botter rogulation of the Government mints,” and noZ ** A bill for tho domonatization of silver,” as Dawzs would have thoe people beliave, Thero was no discussion of any DIl for the demonotization of silver ; thoro was no dis- cussfon of a proposition to demonatize sfl- ver, and Dawes knows it. Thero wna no cxomination or discussion of o scheme to absndon tho American system of bi- motallism, ond to adopt the English system of mono-motallism, nnd Dawes knowait. A proposition of that kind was never submit- tod to n voto In Congress, Mr. Dawes, who was in the Houso nt the time, con find on tha records of that body neither voto nor speach on & bill, amondment, or motion to diseard ono of the motallio standards of money. No quostion of that description wos * oxamined or discussed" in elthor Houso, Mr, Dawea never opened Lis hesd on tho subject, or gave any sign that be know that o bill domonatizing silver was be- foro Congress. We defy him to prove from the records of tho Iouso that ho was aware that a bill for any such purpose was before tho House, It ia very dishonest for him to arive in tho Senate and moko 8o falsa a doo- Iaration, well knowing that he was uttering o daceptivo statement, . bill having for its purpose tho disestab. lishwneut of ono of tho legal-tender molals would have attracted universal attention, not only in this but inother countries, ‘The question would have been raised st ouco whether it wora wise or safe to doprive the Governmont of its always-enjoyod option of paying its debts and bonds in tho less doar of the two metals; and tho question would also have boen ralsod whothier tho citlzens of the United Btates should or could bo dis- posdcased of tho samo option. The power of Congress under the Constitution to de- privo the peoplo of the use of silver monoy would nccessorily have boon ralsed. Has Congress the authority under tho Constitu. tion to take from silver its logal-tendor qual- ity? The great cxnoundor of the Constitu. tion, Danier, Weustrs, thought Congress hind not the power, and many of tho ablest lawyers in tha present Congress hold the same oplnion, Thls grave question would have confrontod the mono-metallists, and we do mnot balleve that Gon. Onanr would ever havo signod & bill adopt- jug tho singlo gold astandard and discarding tho future use of silver os logal tonder money. It s notorious that, when lio approved the Lill for the codification of tho ucattered Miant laws, he had mot the lotter wo print this morning, has devoted somo nttention to tho subject of steamship subsidies, more particnlarly with referonco to those pald by the British Government, which tho snbsidy-boggars of tho United Btates invariably point to a8 a knock-down argument in favor of their own schemes for bleeding tho T'reasury, and which thoy nover 1nil to exnggerato enormousty, The Pacmfic nil Company, in its circulars printed by tho million for distribution among the manufacturing intorests of the conntry, has Inid great stress upon the contrast betweon English munificence and American parsimony in tho matter of steamehip subsidies, nud the crowd of lobby- fsts now in Washington are equipped with the same kind of statistics, all going to show that England aununlly pays £1,000,000 for tho encourngement of lier commerce. The figures show o vory different state of facts. "I'hio ontiro cont to Grent Britalu in subsidies 1%, in round numbers, £250,000 per anuum ; while omitting the coat of the Eest Indian and Coloninl mall soervice, which is main. tained o8 o military nnd political nocessity, tho not loss in oxceus of receipts from ocean postage i3 £2,000. In New York on Salurday greenbacks were ateady nt 972 3 A.mora than us:mlly interestiug and rend- able collection of incidents and episodes of lifo in the far Wost will be found in the let- ter from our Black 1lills correspondont which is given elsewhero, Tho Senate, by n vote of 48 to 21, passod tho Silvor bill on Saturday morning. The abeentoos were 7, of whom 4 favorad tho Lill and 3 opposod it, making thoe full vote for tho bill 52, and 2F agaiust it. Tho text of tho hill is ns follows : Je it enacted by the Senate anid Howse . sentatiees of the Tlaited Staten n'rmmrlc'f:fln" Sonr qgress assembled, Thot thero shall by cofned at th soveral miutaof the L'niled Ktates sfiver dollary ot the welght of 41244 wratna troy, of standard efl- ver, na provided In _the act of” Uan. 1§, 1837, on which sliall be the devices and superecription pro- vidud by #ald nact, which coins, tozether with al} silver dollars horetofare colred by the United Staten of like weluht and finenors, '{m“ be a legal jor st their notninal ¥alne for all debts and ublic and private, excapt where otherwise ed and stipulaled in the contract; and tho The fenr of a goneral European war i8 op- pressing and hinderiug tho proparations for tho Paris Exposition, nnd it is understood at the State Department in Washington that n postponamout of tho exhibition on this ac- count is not unlikely. ——————— Tho voto in the Svnate on tho Silver bill wag, including thoso paired and mbsent, , politienily, an followa: For the bill, Reo- publicaus, 26; Democrnty, 2G; nays, Re- publicans, 14; Democrats, 10, A moro complote abandonment of party lines has raroly been wituessed in any vote, in oither House of Congress. Beer of the Treasury 1w authorized and directed to vurchase, from time to time, wmiver * bullion, ‘st the markot urico thercof, not leas than _ $2, 000,000 worth pyr month, nor more than 4,000, 000 worth per month, onid cause the sumo to be colnod monthly, as fast ny a0 purchased, into such dollasy, and nwiim sufliclent 1o carry out the foregoing pro- visionn of thinact 18 heroby sppropriated out af any mouey in the Trearury not otherwise appropri- sted, Andany pain or seignorage nrising trom i eainaun viall o acconntod, far nud. watl fnts tho Trenrnry Aa Ymnded under oxistiug laws rela. 1ive to the wubsidlery colnaye; provided, that the awonnt of money at any one time invested In such stiver bulllon, exclusive of such resulting coin, ahali nut excced 35.000,000; and provided, fur. ther, thut nothing {n this act ehall be conniruod to antherizu tho payment in sliver of certificatos of Aueposit sued under the provisions of Bec. 354 of the 1t h”l’tll’l‘m"“fl:l 7 | ee, 2 Alluctasad parte of acts incons! wlc\‘x d\uu provislune of thicact aro hemb;“gag penled. i in the Benato agninst the romonctization of silver, twelve wero contributed by New England, fonr by Now York aud Now Jenjoy, aud ono each by Delaware, Matyland, South Caroliun, Geor- gin, Misslesippd, California, Oregon, and Miphigau, Beuator Cuntstiaxoy, of Miochi- gan, nlone of thorepresontatives of the Gront West voted to perpetunto the choins forged in Wall street, Fiftcon millions of the peo- plo of the Northwest uoanimonsly repudiato that vote. [t o Tbu{ wuppaae oi their part that in ad init to fiom this grestion her Brtonnic Majesty's Gavermnent have no Iniention of uccurylng that peninutin, 3 step which would not he (n nccards ancu with thelr neutrallsy, snd might givo rise in Constantimoplo to Hlluslons which would not faver thy conclusion of peace. Ou tho same doy Lord Lorrus iuforme Earl Deany that the Ozar had recoived a tel- ogram from tho Bultan deploring the miscr- jos of the war, and announcing that ho had aout two Plonipotentiaries to tho Russinn hondquarters to negotintu an armistica and conditions of ponce, On tho 18th, Mr Lavanp notified Earl Dznnr that tho Rus- alans wero about to enter Adriauople, snd that he bolieved thoy would then march upon Constautinople. 11ls dispatohos for soveral dava thereafter rolato to tho Mussulmon rofugecs who are trylng to reach Constanti- pople. On tho 26th, Count Scmouvaiore communicated to Lord Drnpy tho baios of poace, which will bo interesting in their official form : " saigerin i e L Contarene, 19 o autonomous tribntary principallly, with a aatlonal Chiristlan Guvernment, o native militla, and uo Turkith troups, cxcopt at some points to bo detcrmined. infcrsion ot nlenso il Lo Trontier o bu dectdod bersaltor. Lato uttorauces of Mr. RANpaLy Giison in tho Lower Ilouso of Congross and of Bpenkor Busn in tho Loulsiann Logislaturo indicate that a halt hos been called upon tho prosecutors of the Rolnrn‘ng Board, Hay- ing pressed tho cnso of ANprRsoN fo a trial, and by variaus dovicos that were neither hon- orable nor lnwful having socured a verdiot ngninst Lim, the Domocratio Jondera hositato to proceed farther. They already fecl the pressure of public southnent at tho North ogoinst thom, and realizo that thoy have, from n partisan point of view, overything to loso nud nothing to gain by completing tho wmartyrdom of the Roturniug Board, This in the remson for Mr, Ginson's romarkable sintoment that the Govornor of Lonislann will probably pordon Anpzuson if ho is nskod by the Kepublican Ieaders to do so, and for Spoaker Busu's disavowal of sym. patby with the proscoution of tho cssos aa it hiag thus far been conducted, Tho Republican Jpaders will fall easily and blindly iu;o the trap which has been sprend for thom if thoy join iu the petition for par- don which thoey have thus publicly been in- vited to make. It is not thelr Lusinesa to Ko, 3. That immedistely after the passage of thie et tha Brosident aball Inviie the Gobermmienty of the countries composlne the Latin Union, so called, and of such other Buropesn notlous as he may doam advlsable, 10 foln the United States in conlerence to adopt u common ratlo between vold and silver, fur the purposs of cstablishing intere nativnally thy use of bl-metallio money and secur- fue s dxlly of tho. relative valuo eiween those metals; such conference to be hold at such place in Earope, or In the United Ktatev, atsuch tine withe Inwix monthe as ay be niutundly azreed upon by Wha Facentives of th Goveramants Jaling in the same, whenever the Governments solivited, or any threo of them, wnnli bave elenlfled thelr willlugnuss 1o unito 10 the sae, The President whall, by snd with the advice und consent of tho enate, Bapoint thice Commimioners, who shali attend such ecunference on behnlf of the Cuited ftates, and aboll report tho dufngw thereof fo the President, whe sliall transmit the wasie to Uon- grevs, Bald Comnnsslonors siall vach receive the aum of $2,500 and thelr reasonable exponscy, to by spproved by thu Becretary of State, and the anlount necesaary to pay such covpenvatlon and expenses 1s heeshy apprapriated out of any nionuy 10 the Treasiry not ot mmhnlylbmwmlc& Spe, 4, That sny holder of the coln authorlzed by tois act wiay deposit the sanio with tho V'resa- As ‘There were twonty-two Blates that voted in the Senato unenimously solid for tho Bil- ver bill: Virginio, Oblo, North Caroliun, Penusylvania, Alnbama, Iowas, Florida, Colo- rado, Kentucky, Indians, Tenressee, Minnes sots, Arkanssd, Nebrusks, Louisiaua, Wis- coustu, Texay, Minols, West Virglnia, Kan- sny, Missourd, and Nevadn; aud eight States - that gavo half thelr voles for the bill: Dela. waro, Maryland, Bouth Carolive, Georgia, Missisaippl, Michigan, California, sud Ore- gon,—making n total of 52 votes out of 76, A co::flng;unt}on ;; 'wenty-third street, in Now York City, lust evouing, about dusk, destroyed an immenso structure known as tho Excelsior Building, containing six stores, | urer or any Asiaisnt Treasurer of the United by the proposed subatitution fa ta’be nccom. | ask a4 a favor of tho Governor of Lonisiaua | than it has in tho presont orisis, For this | slightoat conooption that he was signing the “l‘x‘;rzflbr‘l‘l‘!‘l:‘:fi‘v‘ ‘c;( Kouwania, with sufliclent ter togetlier with two Prosbyterian Chiurchos ad- | Siteh insune of nut less thau than 810, aud re« plished. ‘The Assistant Troasurers oro to ve- | tho fulfiilmont of pledges mado on | uncertainty, and absonce of reliablo luforma- death-warrant of tho silvor dollar. Nor had | ¥ lml‘wuudoncu of Bervls, with roctidcation of fronticrs. ‘Autonomous administration, suficlently guaran+ toed, 10 Hoanta snd Herzepovina, similar roforns for the othur Corislian provinces of Turkey tu Burope. ; Indemnity to Rusula for the expenses of the wari in a pecunlary, ternitoriul, or other form, (o by decided huresflor, Ulterior upderstanding for safeguarding the rights and Interosts of asela in the dtralis, These bases betng accopted, a Convention, 80 armistice, aud the aispateh of Plenipotentiancs 10 develop them into preliminaries of posce. On tho ssme duy, Gontsouaxory supplo- mentod the pence bases with the declaration to Lord Dzuny: ** We ropeat the assurance that wo do not intend to sottla by ourselves European quostious baviag reference to the peaco whicls Is to bomads," and still farther, on tho 28th, doclared **that the Russisu Governmont considered the passage of ships- of-war through the Iiosphorus and Dards- nelles as a European question - which thoy did not intend to settlo by themselves,"—8 declaration which it will be perceived places Eogland 1 the emburrasing position of havivg violated a European oé well os 8 TTurkish interest, and of Lavivg committed ou oot which is in voality a casus belli. 'The official correspondenca stops at this point. What has trauspired sinse is fresh in the recollectious of our veaders. Btated in ou uodiplowatic wsy, the Russians occu- pled the outer defonses of Coustantinoplo by tho consout of the Porte. England pro- tosted, and Russla ropliod It wesnone ot e el T A aaionyshan 14 eacky Btates notes, The coln deposited for, of repro- senting, the ‘certificates shall be rotalued in the "Freasury for the pavinent of the same on demand, #ald certificatcs sholl Le teculvable for customw, taxes, and all public ducs, sud when' so recaived may be relssued, ‘Tho only material changa in the bill from what it was as it passed the Ilouss is, that, Instead of alowing unlimited coinage, and on private account, the colnsge will be on Government account, and not (o exceed 4,000,000 » month. The Houso will uot probably refect the amendment, as practi. cally it will mako no differenco eithier to the Govorsment or to bullion-holders, If the law is honestly administered by tho Becre. tary of the Treasury sud by tho officers of the Mint, the coinage will bo pushed to the full capacity of the Miuts, ‘The passage of tho bill by such au avor. whelming majority is the answor given by the poople to tho conspiracy of 1874-"4, and to tho desperate and scandalous efforts to make the fraud perpetual,—the attewpt to make metallic woney scarce and dear, and to de- prociato all property, and especlslly land and labor. Tha passagoof the Silver bill will have the effct of breaking the corner fu gold. It withdraws tho United States as a seeker of $250,000,000 of gold iu the mmarkots of the world, It will reduce the demand for that wuch gold, and roduce the viko of gold oy 8 cowmodity in all other fomas of vrupertv. foluing on cithor side, ‘The building (not tho churchies) was put up with wmoney stolon by the 'Twekp gong from tho City Treasury, and ig supposed to have cost $400,000, ‘Fhe total Qumage dono 1s variously cstimated at from 2500,000 to $1,000,000. The immensoe hcight of tho structure rondered the efforty of tho fireiuen nhuost wholly inoperative. pr——ee tain all National-Bank notes recoived by them and issue tho Troasury notes inatead, aud the banké are to be requiredto send Lank notes to the Treasury In liquidation ot all charges agalust them, Thia process is to coutinuo until the stock of bauk-uotos shall have beon oxhausted, and whonever the notes of any one bank recelved at the Trens- ury amount to $6,000, that bauk shall ro- ceivo in exchango an oqual amount in Treas- ury notes or ono of its bonds deposited to seoure circulation. Cowplisuco on the part of the banks is to bo enfurced by suspending tho interest on tho bouds Lelongiug to the bavks and deposited in Washiugton after sixty days' refusal by a contumacious banker, These phenoweual Treasusy notes aro to be roceived in poaymont of all dues, pub. lic and private, including the customs duties, oand are to be payable for all obligations except those mads payable in coin by oxisting laws, Thoy.are also to be yucelved by the Government in subserip. tions for 4 per cent bouds, and the Secrotary of the Treasury is authonzed to use the now notes in the purchaie of coin wherewith to redeews aud pay the 0 per cent bonds, As a Very uecessary procaution, the Buecretary of the Ireasury is also authorizod to dispose of bonds to obtain coin for the payment of the interest on the public debt. Al contraction of the currency 18 forbidden by tho ball, but his beholf by him and by tho Legis. Inturo of that State. The resolu. tion in whish the Nicuontd Government declared that it wonld discountenance ** any attampt at persecution from any quarter of iudividuals for past political conduct " was a solewn obligation ontered futo frecly and do- liberately by tuo Govornor and Legisiature, They must now perform the contract they made {u theso terws, or proclalm thomsclves sotorious nud flagrant falsiflers, Tho di- lemma is plainly theirs, ‘The Repnblloan Joaders are not called upou to relieve them from It by any cousiderations of good falth or public morals,. When all othor remedies fail, and when the Dowocrats of Lonlslann hava been put on the record as violators of their compact, it will be time for the Admin- istration to take steps for the vindication of its rights and those of ita represcutatives in the South, If trials and imprisonmont are to be the order of the day, Bouthern Repub- licaus will not be the only oncs to suffer from thew. ~The prison-doors will not open ouly for members of tho Returning Board. The nccount against the bulldozers and as- sassing of Louisiana will Le reopened as well s that ogalnst the Returning Board, snd in the ¢nd it will be found that the Domocrata ‘ave the heavier balance againat thewm, The policy of rotaiistion isnot a lofty one; but it i3 under tho clrcumstauces the casiest ho found out o year afterwards that both Government .8nd peoplo bad been do+ prived of their anciont right to pby their debtu in elther silver or gold, at their option. And yet, in tho face of thess facts, Dawzs, of Massachusotts, has the elfrontory to get upon Lis feot in open Benate apd tell tho Awsociated Presa reporters, in order that thoy might disseminate tho falsohood over the country, that * the bill to demonetize sileer was thoroughly examined and dis- cussod in Congress; that no mearure dur. ing the lsst two yesrs had been so spread be- foro the public aud so deliberately ox- amined "l It is really shocking for o + grave sud reverend " Beuator to makesuch statements officially. He was not ablo to quote from & slugle daily jourual published in New England, or New York, or anywhere, showing that suy of them wo much as kuaw that & bill or ** measure” was before Con. gross whose object was the demonetize- tion of silver, He failed to quote from nny speech mads in either Housa, while the Mint Codification bi)l was before Con. gress, advocating that schome. If he had tho sensibilities of an army mule, Diwzs would blush for his roputation after making such assertions in the Beuate. Bouator Maxzy, of ‘Texas, got in one blow that left o bruise on his ribs, whon ho reminded the gontieman, as well a8 tho Sonate, that “on tion, it would scom that Mr, Lavanpis large- 1y responsibley but for the timid counocils which provailed at one mowent, and the muttered threats indulged in at anothor, the British Oabinet can alone be Leld account- able, The faults of both have made Groat Dritaln & wubjuct for the ridicule of the world, ¥ ;. Will Great Dritain accept the situation as it now is, and in future abandoa the policy which sho has so tenaciously and with such sacrifice pursued in tho past ? is tho impor. tant question her Government is now forced to declde, It she decdes fo pumiue her former policy, as she no doubt will, what means has she for wuccoss, and how will theso means bo applied? Inscanning the situation, it would scem clear that Groat Britaln has not an army, nor is she able to ralso one withina reasonable time, capable of ocontonding that of Rusia now actually in the ficld. Evon had she a suitable army, she iy unable, unless allled with Austria for offensive purpokes, to veach the Russians under present circumstaucos except through the narrow portion of European Turkey lying botwoen the Gulfs of Balonicaand Saros. This would scarcely bo precticable in the presonce of the Rusdon army pow virtually occupying that section. She will, without doubt, sttempt to make an alliance with both Awztria aud France, so that the It would seem ns though Greece, now bent on fighting when the great belligereats have E temporarily tired of it, moy furnish tho H flaming brand with which to light tho pas. sions incidont to & gonoral war, very much as Bervis, in 187G, by fecblo but persistent pugnacity on bier own account brought down the Russion hosts from the Pruth and pre- cipitated primary results which would have been ut that time utterly improbable if start. ing from svy other source. It is hinted that J m the gvent of acollision between Iugsia . aud England the fortunes of the Hellenic Kingdow would bo cast with the latter, silver men of the House will sgree before. hand not ouly to support the Brawp bill as amendod in the Senate, but to bring it up under the two-thirds rule and pas it to- day. They would prefer the bill as original. 1y passcd by tho House, but are anxious to love the watter scttled ot once, and thug ) : Thero ia an excellent prospoct that the