Chicago Daily Tribune Newspaper, February 27, 1878, Page 4

4 THE CHICAGO TRIBUNE: WEDNESDAY FEBRUARY 27, 1878, Thye Trtbuwe, TERMS OF SUBSCRIITION. 'NT MAIL—IN ADVARCE—TOSTAGR m:r:m. Hontie . Erinrday Edltio Tri-Weekly, one yenr. Tsrtsof avear. per monih. YEZKLY XD Ome copy, per ye b oF Yoroor fpecimen coples sent free. Glye Post-Ofico address {n full including Btate and County, Jtemittancen maybe mada efther by draft, exprem, Poat-Ofce order, or in rexistered letters, &% our ritk, TERMS TO CITY SUBSCRIDERS, Taily, dellvered, funday oxcepted, 23 centa per week. Loy, delivered, Suncay Included, 30 cents per week. Addresa THE TRIDUNE COMPANRY, Corner Madison and Dearhorn-ata., Chicsgo, Iil. Orders for the deliveryof Tnz TainUX= at Evanston, Engleweod, and Hiyde Park left In the counting-room illzecelre nromot attention, — TRIRUNE BRANCH OFFICES. Tz Cnicaao TrInGNE has established branch ofiices for the recelpt of subscriptionsand sdvertizements as follows: NEW YONK~Room 28 Tridune Bullding. ¥. T. Mo Fanoex, Mansger, T'ARIS, France—No. 18 Ruo do 1s Granga-Batelters. IL Manier, Agent. LOSDON, —Americsn Excbange, 440 Btrand. Agent. ). Cal.~Palace Hotel. AMUSEMEN McVicker’s Thentre. wradlson etreet, between Dearborn eod Btate, *4The Two Orphana.* Hooley's Theatrs. Tandolph street, between Clark and LaSalle. Engagement of Mme, Jansuschek, '*Chesney Wold," New Chleago Thentre. Clark strect, opposite Bherman Jouse. Engages ment of the Hycrs bisters Combination. *'Out of Hondage.” Aftcrnoon and avening. Haveriy’s Thentres Monroa street, corner of Dearbarn, Engagementof Colvilie's Folly Company, *'Babes (o the Woods.” . Afternoon and evening. Coliseum Novelty Theatre. Clark street, opposite Court-llouse. Varlety vers formance. WEDNESDAY, FEBRUARY 27, 1878, = ———————————— Greonbacks ot the New York Stock Ex- cbango yesterday closed nt 984, e s Thero was said to be an ensior foeling in Tondon on the war question yestorday than tho day beforo. Thore is generally a calm beforo a storm, Tho negotintions botween Russia and Turkoy have been concluded, and the bams of s permanent peace agreed upon. The treaty, however, will not be sigued for soveral days. Mr. Fenny, of Michigan, has been com- plimented again by his eleation s Presidont. pro tempore of the United States Scnate. ‘He was_tho unanimous choice of tho Re- publicans, the Democrats solidly supporting Judge Tuunaax, who was beaten by onc vote. In the littlo affair between Ald. Prassoxs and the Water Dopartment the latter held tho koy to tho situation—the key which turnod off the wator-supply whon the rate was not forthcoming., Tho Chalrman of the Finance Committee, howover, has had the benetit of a practical losson in the science of raising rovenue. Fifty thousand sapd-bags have been order- ed by tho British Government to be got ready at Dundee, Scotland, and word comes from $t. Potersburg that Ruesin is resolved to fight rather than abato ono jot of her inten- tions. Very likely the sand.bng ordor was issnod beforo tho lattor anuouncoment had Leen received. Gen. Cuarvens, of Mississippl, in his spoech in the Iouso yestorday, atrongly urged upon tho Louisiana Domoornts tho duty of fulfilling their pledges to reciprocato the President's policy of pacification and good-will, and declared that were he in Gov, Nicirorrs' place ho should pardon every ong of the Returning Board members that may bo convicted, Advice liko this from o Mis- sissippi White.Liner is worthy of considora. tion by tho weak-knoed Louisiaua Executive, It is hinte cssertion is indirectly supported by n Rus. sian telegram, that the object of the Aus. trian mobilization is not to threaton Russia, Lt to bo prepnrod ot the proper time to lny hold upon portions of Dosnia and Herzogo- vina for tho purpose of preserving that balanco of power which tho Emperor Faax. cis Josern hos always beun so solicitous nbout. It is thought that thore will be no rerlous objections offercd by Austria to the Russian schomo of expelling tha Mussul. mans from European Turko, The bill confirmivg in tho City of Chicago the titlo to the Lake-Front property, which Commissioner WirLiamsox has undertokon to hand over to the Vaientine scrip sharks, hos been reported favora. ably to thoe louse Committes on Public Landa by the Sub-Committos to whom the matter was assignod for consider- ation. It is proposed in the bill to couvey the unked, tochnical title which the United States still holds by reason of anon-com- pliance with the Illinols statutes in making tho dedication, nnd thero 8 no doubt of {ts ncceptance by tho full Committes, and its pessago by both Houses, ‘The furious controversy over the question of the Collectorship, whioh has torn up Bos- tou for some weeks past, torminated yoster. day in the defeatof the elemont laboring for tho reappointment of Bnnsoxs, and a victory for Senator Hoas, who so vigorously fought tho nomination, The President yes- terduy put a stop to tho heated contest by sending to the Benato the name of Avansox W. Branp, the candidate .supported by Mr, Hoas as the successor of Collector Bisons, Ar. Branp's nomination seews to give eatis. faction among the merchants of Boston, who regarded distrustfully the violent con. version to the doctrine of Civil-Bervice re- form recently experionced by Mr, Snoys, —— The Confederate streogth in the House of Representatives manifosteditselt very cloarly on Mondny, whon a vote to suspend the rules in favor of the Mexican war pensions sceured 174 yeas to 51 nays.’ This grab at the ‘Tressury is mainly sustained by the Bouthern members, though there are a good many other Congressmen who support the measure for the purpose of currying favor with a portion of thelr constituents, iu the full knowledge that it cannot be justly sustained and is opposcd to tho intercsts of the country st lerge, 'Che polnt made agoinst tho proposition by Col. Joxcr, of Ver- wmont, was a tellin g one, viz.: That it would place many Confedsrate soldiers on a Lotter footing thon Union soldiers, inasmuch as the latter draw pensions only in case of loss of b or health in the service while Sghting sovon Cabinet oflicers, and it is hardly to be expected that their influonca will ontweigh MAN is reprosonted ns not favoring a voto, and as believing that the wiser AN 18 credited with the vory sensble opin- ion that a veto would be likely to make mat. ultra greenback mnjority in Congress to re- than the Silver bill is conceived by the gold- ites to be. Cabinet mesting to.morrow. monstrated that the new Ring ia as solid and phases of the contract question, the *eight” votod together (including ex-Reformor Fitz- oxnaLp and the new Roformer Meyxr) every time, Thoy only permitted the adoption of making sure of a clanse which admitted the and fraudulent mannor in which it had al- rondy beon renowod. It is also pussible that thoy will insist that the clauss excopting from bids all suppliea **now under contract” will admit other renowals of the old king contracts, It is ovident that the present combination has determined to laugh at every publio protest with the came contempt that the old Riog formeorly employed, and that the publio interests can only be par. tinlly protected by the samo vigilant and harassing troatmont as was meted out to the old Ring. of , Ohio, for a constitutionnl amendmont providiog for the election of three sectional Presidonts, is not worthy of any cxtended reason that it is not likely to got beyond the simple introduction into Congress. Tho average American oxporience is that it is hiard onough to get along with a singlo Presidont, and there is no disposition to ex- tion includes a recognition of sectional poli- shall wiping out sectional distinctions, It is a pity, in view of the grave necessity for somo But there is one importaat foature of the case which the Nation has omitted to mention. to mnintain the Unfon, while euch of the Confedorates who waro in the Mexican war wonld draw thelr ponsions though they had suffered not a scratch, but wers preserved in good condition to maks war on the very Governmont from which a pension is now asked. It {s naid that this bill wonld give pensions to 55,000 persons, though the limit may not atop even at that figurs, and it will absorb nutold millions of public moneys in a time when overy dollar of taxation is like taking eo much blood from the people. far ns they build the rond, ns the ceded on il sides that it will bo a wise thing to give the land, inssmnuch as the construction of the road will give a groater valuo to the alternate sections that remain the property of the Government than all of the Iand would have without the road. The Buaia biil also proposes to require the westwand o S8an Diego, a barbor withont commerce, whon the road already runs to 8an Franoisco, where the commerce of tho Pacific Const iz established. In one word, it looks as though this new mensurs is in- tended to impose such unreasonable condi- tions ‘on the Hunrinaron Company (which asks for no money or bond subsidy) that this Company will refuse to undertaks the work; then the subsidy Congressmen wonld hiave a clear fleld for urging a grant of from $20,000 to $35,000 & mile to Tox Boorr. 8o long as Mr. Huxtinatox and his nasso- clatos are willing to build the road in con. sideration of the Innd-geant, they should bo permitted to do so, with only such rostric- tions ns Government policy suggosts, — The causo of England's uneasinesa regard- ing the Egyptian iribute is fully explained in a London dispatoh printed olsewhere. It seems that the Egyptian Government has for n number of years, according to the contract botweon Turkey and England, pald this trib- ute direotly into the Bank of England as a port of the intersst on Turkish loansof 1864 and 1855, the former of which was raised to carry on the Crimean war, and the latter wos guarantoed by England and France. Bhould the Russians aucceed in ecarrying their point with reference to this matler, it will causo much growling i England, as mostof the bonds are held there, and al- though there was never much prospect of the lolders getting their principal, the interest has thus far been sure, The excitoment created in New York City among brokers and importers by the enforce. ment of the now Treasury rogulation in re- gord to entries at the Custom.-House has already subsided, For the first two or thres days of ita operation the Secretary of the Trensury was besieged with importunities to revoks the order. Imploring and even threatoning telegrams poured in upon him constantly, but he paid no attention to them. Inn week, howsver, tho tide changed, and some of the protestants revoked their ap- penls and frankly admitted the wisdom of the order. It may be concluded that theso latter wore importers, not brokers. AMr, Snxuax is entitled to credit for this first step on the road to “reform, and to moro oredit for standing firmly by his order: and we say, * Well done.” Bat wo beg to caution the Becretary against entertaining the impression that this firat step is anything more than an entering wedge. The path of reform In the New York Custom-House is thorny and hard. He +who travels it must hops for no easy victory. Mr. SnenvaN must expoct to be thwarted, not alone by the officlals and the press of New York City, but, we fear, by the machi- nationsof some of his own immediate subor- dinates, Ho will have to strike off, somo heads, perhaps the heads of trusted advisers. The work of reforming the New York Ous- tom-Houss s the most herculean task ever undertaken by an American Secretary of tho ‘Treasury. If prosscuted with adequate en. ergy and dstermination, its results will con. stitato tho most brilliant Reform crown ever worn by a United Btates official. 3Mr} BuoerMax may wear the crown it ho will ; it is within his rench, let him graspit. In this conneciion, we urge the Bocretary to examino carefully, painstaking. Iy the Bureau-of-Samples system outlined in Tne TrmuNe somo weeks ngo. It is sim. plo and inexpensive, and, if faithfully cor- ried out, is sure to work the dotection of somo, we believe many, of the worst frauds known to the service. Its adoption will bs opposed by overy Troasury offioial who is in favor of the retontion by New York City of the entire import trade of the conntry. Let the Bocretary look with suspicion upon all such ndvisors, unless they are ablo to give good rensons for opposition to the schema, The Silver bill was yosterdsy discussed at o meeting of the Cnbinet, but it is well understood that no docision was reached. Becretaries McOrany and Trourson are the only friends of the silver dollar among the that of tho other five, Sacretary Bnen. conrse would be for tho Presidont to sign the bill ‘under protest embodying his objections to the measure. . Mr. Buxa- tors worse inatead of botter by inciting the talintory measures far more objactionable The matter will bo settled at the The Iast meeting of the County Board de- confideut an the old Ring ever was. On all their own scheme for leiting contracts after O'Dovnery, meat contract in the irregular ‘The proposition mado by Mr. SovTmanD, considoration at the present time, for tho SHALL THERE BE A VETO! It is still a mattor of uncertainty nato whothor the President will veto the Bilver bill or not. Tho opponents of the bill assert confidently that the Prosident will return the not to Congress without his approval, giving bhis reasons therefor. The bill was presented to the President on tho 25th of February, and he has until Thursday, March 7, on which to return it, unsigned, if he shall so deter- mine. The Prosident has n cholco of action. (1) He may return tha bill without bis ap. proval and with his reasons; that will bea direct voto, in which case the ITouse firut and the Senato aftorwards will have to vote on tho simple queation, ** Shall the bill pass, notwithstanding the objections of the Presi. dont?” If two-thirds of the members prosent in ench House shall vote for the bill, it wik become n law. (2) The President may rotain tho bill in his possession, without noy other action, In which case it will be. como o law at the expiration of ten daya from the time it was prosented to him. (8) Ho may sign thobill, and at the same time notify the two Housos that he has done so baving serlous doubis s to the wisdom of tho legialation. We have no idea that thero is any doubt as to the passage of the . bill even in case tho President shall veto it, 50 that a veto can have no effect in defeating tha law ; it will merely serve to show how far the President has separated himself from the country aa reprosented In both branches of Congress, and as represented by the uni. vorssl sentiment of the people, It will bo an advertisoment by the Adminfstration that the Executivo proposes to manage the Gov- ernment as & personal establishment, and without any deference to party or publie opinion. As we pointed out yesterday, thero have been pravious Administrations whioh have undertaken to govern the country and coerce the will of Congross and of tha peopla by the use of the velo, but the msuccess of such Admin- istrations has mnot beon of o charaoler offering encouragement to imitators. Jomuw Trrxn resoried to the veto freoly, and had the effoct of reducing the supporters of hls Administration to the number of his Cabinet officers, - President Jomxson tried the same polioy, and, despite his personal appeals to the country while *‘swinging around the circle,” the people refused to be governed through the agency of a faction sustained by the Exzecutive veto, Infact, as a coerclve system, tho veto power must always prove a failure in a free country, and the exerciss of the veto power in the case of this Sliver bill will meot with an overwhelming rebuke from tho people of both parties in at least thirty Btates of the Union in November noxt; and how far that rebuke may be ac. companied by a demand for new and radical logislation is a malter worthy ef serious cousideration, The effect of auch a veto up. on political organizations at the elections in November next for Represontatives in Con- greas and for tha choice of State Lagisla- tures cannot fail to be utterly disastrous to the faction and to the Administration that shall by this voto invite pablio reprobation. 1f the President have avy perioual convio. tions inducing him to disapprove the Bilver bill in any of its parts, that fact does not re. quire him to put the country at defiance and to renounce all deamre and hope of popular support for his Administration. The faction in Congress which demands this veto s not composed of those who have herstofors or who will hereafter afford him the least sym- patby or support in his policies. In fact, it wsy be sald that the men who compose the periment with o Board of Presidonts, Chi- cago people, who have had onough of offl. cial Boards, cau foresee a myriad of dangers from such n schemo. Desides, the proposi. tics, in providing that one President be elecied from the Wost, an. other from the [Enst, and another from the South, though we aro just now begioning to recover from a long and bloody war fonght for tho very purposo of permanont improvemont in the monner of elucling the Oblof Exocutive and counting the votes, that there should be nothing but such puerils and {mpracticable propositions, —————r— . The last number of the Nation delivered itsol? in its usual dogmatio way of n long opinion relative to the distinotion betwoon “logal-tonder” and ¢ standard of value,” which it thinks nobody understanda but itsolf, Probably not, judging from the sttempted explanation. It illustrates the distinctlon by eayiug silver was formerly n *Jogal-tender,” but not the **standard of value," ns averybody had gold in mind whon speaking of pricos, buying or selling, loan- ing money or contracting a debt, Honce the Nation concludes ** there was only one stand. ard, nlthough thore were {0 legal-tondors.” 1t thers was but one standard of value in tho minda of the people, and if that one standard was gold, 1t was simply becanse the gold dollar was the cheaper of the two, and because the poople, by that *con. scusus " which the Nation says constitutes a standard of value, exercised their option of agrecing upon the chieaper of the two coins, It 18 this lawful aud historical option which the poople demand In the restoration of the silvor dollar to the ‘‘legal.tonder™ of the country, To apply the langusge of the Nution, its editor *ought to have this dis. tinction worked into his head,” and until he shall have * graspod it,” he ought, accord- ing to his own judgment of the editorial function, ‘keop dead-silence about currenoy questions,” It sooms ¢ sacond bill has boon jutro- duced into the National House of Repre- sentativos to authorize the Huntinarox Com« pany lo complets the Texas & Pacifio Rail+ road. This new bill is fathered by Mr, Brats, of New Hampshire. Judging from certain provisions in this bill, s well as from the fact that the bill already introduced by Mr, Mowxz, of Missisaippi, has the legiti. mate purpose of giving tho HowxtinaTON Company the necessary authority, there is reason to suspect that the Bratn bill will act in the interest of the BoorT crowd by impos- {ng conditions on the HuxriNaTon Company which the latterwill not acoept. The Moxzy bill is a simple proposition to give the South. ern California Company the right of way across the Toerritories, to seoure the Come pany the land-graut already made as faras they shall build the road, and to require them to construct 600 miles of the road(that is, as for as El Paso) within the next six yeari. 'This is a reasonable proposition, and it is understood the Huxrmvotox Company are willing to accept it. But the Bram bill proposes to graut only the right of way, but no lands. ‘fhe HuxtTinaron Company will be as much entitlod to the land-grans, as Scorr Compnany wonld be, and it is con. Huxrmvoton Company to build the road anti-Bilvar faction in Congress are tho mon who hnve nlonethrentaned tho Adminiatration with vengeance, have endeavored to defeat its polioy, and hava mads the only war that has been made against the President person. ally, and against the moasures he -has pro- posed. Betweon Lthe assanlis of this faction and the President the couniry at large has interposed for his defensa and support, and now the President, by this velo, abandons the causa of the people, trents with contempt the almost unanimons appeals of the country, and disregards the emphatic declarations of Congress, for what? Thathe may air alittle impotent rhetorio in behalf of the cent-per. cent gentry who claim that all Government derives ita just powers from tha consent of ‘Wall street. If the veto shall be barren of results in the way of defenting the Silver bill, this very class will care very littls for what the President may say in his message, and may express a wonder why he commit. ted such an act, knowing it conld do no good. The President, and the Bocrotary of the Treasury, and the anti-silver faction may as well onderstand at onoe and forever that the ecoptre has departed from Wall street for- ever, The power that prodnced the legisla- tion that in 1860 made the phpor obligations of the conntry payable in coln; which in 1873 demonetized silver and made them paynble in gold ; that in 1875 fixed an arbi. trary dalein 1879 for the payment of all debts, publio and private, in gold coin, bas censed to govern. There is n national re. volt, and that revolt: will be fintensified should the President seek to perpetuate that despotism by a resort to the use of the arbi. trary veto on the popular will. On this sil. ver question there is no party division, The Republican Btates of Iowa snd Kansas aro a3 unanimous as the Democratio States of Kontucky nnd Indiana. The President has slready conceded that this Bilver bill involves questions which are exclusively within the jurisdiction of legis. lativa discration, and which the Executive has no moral right to defeat by a veto. Un- der these circnmstance we do not believe the President will take this extraordinary step in | a fruitless effort to maintain the scandalous and shameless fraud enncted in 1878 by ‘which the silver dollar was demonatized, A DEFENDER OF FRAUDS, ‘The Collector of Cuatoms In Chicago, Mr, WinL- 1Au HEXRY S8xiTir, sppears to oe a very remark ble perdon. He has not only mastered all tho de- taila of the onerous dutlea of his own position dunng the fow wesks he has been In ofMce, but hio 13 prepared to show how tho Customn-llouso busi- ness of New York shonld be organized and con- ducted, 1In conjunction with a biatherskite called Hinos, who is accredited na 8 Bpeclal Agent of the Treasury, Mr, BMiTn announces hin -mm‘ to break up a *‘ring " which bp aseumes to exfat in the Appraisor's oifice in New York, nad for whose oxistenco ho shows marvelons accumen in holding Collector Antuus to acconnt. After & faw weeks more of offfelal oxperlencs, durlng the intervala he can spare from the business of ihe Associsted Press, Mr. Smrn ma probably discover that the Appralser of port Is an ofttolal not responsidla to Lhe Collector, and that the enormous valnation frauds of which Mr. Hixps profesecs to have fonnd iraces wunld multl{ show that the Treasury had made var(y‘ poor aelections of tho dozen or so of Epecial Agenis who are supposed to gnard the {ntegrity of Custom- Houee oficors In New York. Unfortunately for Mr. Bairit's theary of the 1nactivity of the Collect- or of this port, the only important proscsations in- stituted of Jate years have been at tha fustance of Gen. AntHum. ‘The discovory of the Lawnxxca sitk-emuggling frands, and of thoso usearthed by the Collector's trusted ald, Capt. Bnackzrr,—who, by the way, isstill threatened with rumoaval, —in- volved sums of far groater .magnitude, snd wau of greater service to thecausa of lioneat collec. tion of the revenue, than all the resulta of other invostizators ’vn& together. Collector Antriion mln]lllflr claim the chlef ehsre of the crodit in both instances, and the limited extent to which that act on rocognized ought to show Mr. NIt L his chances of making o_sennation out of his $200-umbralla entry aro oxceedingly slender. ‘fhe difference botwoon she magnitude of the two casea ropreasnta preity asccurately ihe differenco between the volumo of the CustomeHonse bualnces of Chicago and that of New York, and it {s lo ba feared that the moat hierolo efforts on the part of Mr, S:itit will nol succoed In making much ym. %nllnn on the ons or the other.—Asw0 York imes, ‘Wo roprint tho above in ertenso to show the temper of the New York City pross in rogard to the attempt to parge the Custom. Houso of that city of frauds. Wo hava re- peatedly warned the Beorotaryof the Tronsury that he conld look for no support from the press or the peoplo of New York City in any effortaho might maketo unearth frauds in tho Custom-House and punish their perpetrators. Btealing the revenues is the darling sin of New York City. B8he hugs the crimo to her breast as the only means of rotaining oxcla. sive control of the import trade of the coun. try. Tho Now York ZTinws ia the first among the journals of that city to oome to the rescue of the Imperiled scoundrols of whom the Custom-House broker Moxzvrzn is a type. The Times is nothlng unless conservative. It doubtleas feclsa tendor rogard for the system of corruption which Las provailed two.score years {n the New York Custom- House on account of its age. The Times nmevor assumes o radical attie tods excopt whon, so to spenk, it gets “‘as mad as A March haro,” It is radical now, and its radicalism conststs in defending the crime of the broker Mozr~ ven by belittling it. The Times sncors at Oollector Surra, of this city, because it dld not take that gontleman some years instead of somo weeks to discover that the enormous frands pormitted by the New York Custom. House managemont operato ns a prohibition eagalnet bringing foreign merchandise through any other port in tho country, The Zimes is indignant, and denouncesas a * blather. akita" Mr, Special-Agent Hinos becauso that official had the andacity to appoar suddenly in Now York Oity, Iay his hand heavily upon a thieving Custom.House broker, and coasign him to jail. How doos the editor of the Times know that Mr, Hinps Is a * blatherskite "? Does he know Mr, Hixps? DId e ever sea orhearof him? Ordid that irascible gen- tleman get his information from some mem- ber of the Oustom-House Ring ? As to what manner of man Mr, Hixos 1s, does not soncern either Tne Tninune, the New York T'{mes, or tha publio, He seized arogus who, under cover of the inefticiency of Collector ArTrus and Appralser Dutores, has been stealing the revenues for years; and, as we are informed and believe, ha has ample eovidence to send the rogue to the Penitentiary, Will the ZTimes try to save the rogue? Must no rogue in New York be prosecuted, tried, convicted, and punished, lest such punishment may reflect unfavorably upon the Times' friend, Gen. Anraon? The 2imes tecks to shift the responsibillty of fraud from Collector Awtnun to Appraiser Durcuee. It saya: 4 Mr, Buitit may probably discover that tho Appraiser of this port is an ofiicial not re. sponsible to the Collector.” True. But every official mct of the Appraiser comes under the eye of the Collector, Every paper that passes through the Appraiser's office goes there from the Colloctor, and is return. ed to and lodged in the Oollector's office. ‘The law and yegulations aro so devised tbat each office constitutes a check upon the other; and extonsive frauds cannot long continue to be perpetrated in one office with- ontdetection fn the other, {f the manage- meat of the other is efficient and vigilant, as woll as honest. ‘The T'imesculogizes Oapt. Basoxxry, ‘¢ the Colloctor’s trusted aid,” according to bim crodit for having ** uncarthed * great smug- gling frauds. Wo don't know Capt, Braocx. r1T, but wo are crodibly informed that he has nevor unearthed frands of any magni- tade, and (hat tho credit herobestowed upon him in the Z7imes belongs to Bpecial-Agent Nevava. We sack no quarrel with the Now York T'imes, nor does Mr. Collector Batrrr, What he wants and what we want is, the honest collection of the revenues at New York, as well as at other ports of entry, If the Times chooses to enter apon this controversy in tho spirit of the articlo we reprint, it must stand for and advocale tha wrong side of it HOW BONDS WB}I!..% U; AND GOLD OAME 'WN, No public journal in the United States is mo sorely disappointed in the effect of the passage of the Bilver bill as Jar Gouvro's Now York Tribune, It had predicted for the United States woes unapeakable; the nation wonld receive a death.wound; the public credit would expire under the fatal stab; gold would bound up to a frighiful height; the bottom would fall ont of groenbacks, and the ‘'debased,” **bogus,” “token,” ‘‘clipped” silver dollar, like tho Oarof Juggernaut, wonld roll over and orush everything in ita pathway. Inshort, that we should have a permanent experience of ¢ Black Fridays " such ns Gourp himself gave New York a doss of some ycara ago, - But the bill passed by awful and terrorizing majori. tios, and what are tho visible offects? Gold has gone down, bonds have gone up, and the public eredit hasbeen strongthened ! ‘Tho cablegzama from London show that sil- ver bullion had advanced in gold price, and nobody is hurt, howsver many fools wers soared. The New York gold-bug papors have be. gun already to change their tone. They aro losa violent, virulent, and vituperative to- wards tho advocates of silver. They have commenced to ** hedge " on the effocts of tha law, aud put forth ** now viows on the prob. shilitiea as to ailver.” They even condi. tionally praise the billas amended by the Senate. Thoy admit novw that ** the mints can turn out forty millions a year, and per- haps more,” wheress n fortnight sgo the same journals insisted that not more than two millions per month could be struck off. Dr. Linpznaax froely admits that the mints of Philadelphia, Ban Francisco, and Carson can turn ont threo and n half millions a month, without interfering with the coinage of gold or subsidiary silver, and that if the Now Orlonns mint is set at work an addi- tional million a month can be struck thero, making the fall foriy-eight millions per yoar conlemplated by the bill. The ‘gold-bngs” are reluctantly tolling the truth, It oozes out by degrees, but still it 00zes, Jax Gouvrp's T'riduns ssys: The 41245-zraln dollars, 1f putinto cirenlation nnder the restrictiona of tho amended bill, will e at par with legal-tender notes, aud may be worth & very smaoil preminm. They wili be at par with greenoacks for tho same reason that fractlonal #llver coina are now at par in ordinary exchanges, while trade-dollsrs, intrinsically worth considera- bly more, areatsdiacount. . . . The LLAND dollars mar be worth a small premium In green- backs for the reason that they may be used for the ypayment of duties, while tho legal-tendor notes cannot bo so naed, Gold is worth only a *‘small prémium in groonbacks.” If the “*Bra¥p " dollars shall beof equnl purchasingpower with gold, how are the bondholders hurt or rnined? Jax Gourn admitsthat the * dobased,” * olipped,” much-slandored old silver dollar will bound up to par with legal-tander notes, and may be worth a small premium ovor thom, Be- fors the AruisoN Silver bill passed the House, the bullion in a silvor dollar was worth but a fraction ovor 00 cents. Greon. backs aro worth 98 in gold. The advance of the logal-tender silver over bullion silver will thorefore, by Jax GouLp's confession, bo oight conts or more, for he saya that tho silver dollar may be worth a prominm npon greenbacks, Qall this premium but 1 per cent, and the purchasing power of tho silver dollar will equal 09 cents in gold. Suppose the bondholders are paid their intercstin silver worth 09 per cont, they will not bo na badly off as the pcoplo who pay the taxes, Gourp sdmits that the silver dollar will be worth as much anyway as the greenback. This of courss means in purchasing power and cxchangeability, If aman has $100 in silver, ho will be able to exchange it for $98, or maybo more. This is the admission of the New York Tribune, remember. What, then, bocomes of the *80-cent-dollar” cry, with which GouLp has * stroaked the pale air"? Tlo and hia print now stand self.con. fessed bumbuggors and willful deceivers. e very coolly observes in his paper: This vlew of the matter scems to have been sdopted in Wall streetand in London, for the prica of @old Las failen In New York, and Unitad States bonds have advanced 1 Lombard street sinco the paxsage of the amended biil. After this admission, it would bo becoming it Gourp would take In hia sign and put up his shutters, for ho can hardly expect his be. fooled renders to place any further faith or reliance on anything he may hereaftor say ngainut the old silver do! 1 THE EUROPEAN SITUATION. At prosent, quiet still reigns in Earope. The different Powers concerned in the set- tlemont of the Eastern question whose - torosts are opposed to thoss of Lussia ap- pear to have basod thelr hopos upon the Congress, by whioh it is nervously expected the many vexed and conflicting interests may be, through some miraculous moans, satisfaotorily settled and carod for. Praotic. ally speaking, these intorests ara such that, when combined, and if enforced by the Con- gross, Russia would bo deprived of evory re- sult which she has gained by the war, In return for the sacrifices which sho has made she would probably be allowed by a Con. gress, in which the interests of En- gland aod Austris might prevall, only & money indemnity for herself and the opportunity to inaugurate a bot- ter syslem of government for the Chris. tian population of the Turkish Emplre, without tho power to enforce a fsithful, obedience to any system of governments she might establish. They would requirs hor, having ovorcome the Tarks, and having made Turkey still more than formerly * the sick many of Europo,” 1o withdraw her armics to the north of the Danube and into Oaucasus, there to await the decision of the Congrass. ‘The intercsts of Austria and En. gland in tho war are wholly dissimilar, and spring from differont causes, but those of each country require for their protection that Rucsia shall not obtain a leading in- fluence in or control of suy portion of the Turkish Empire, On the other hand, the interests of Russia are diamotrically opposite, The present condition of Ruasia, with its numerous in. dustrial interests,—nany of them just emerging from their infaucy,—absolutcly demands groater akipping facilities, and Let- ter opportunities for commercial intercourse in the markets of the world. In xo other direction can she obtain them than in the Black 8ea and by the free passage of her fleets through the Bosphorns and the Dar. dagelles, Rich within her bordors as she is in every source of proaperity and wenlth, this nlone has horotofors been wanting, and hor ralers hinve shown a wise foresight in their constant efforis to pavo the way, by successiva annexations of territory, for ob- taining {t. To obtain this has beon hor tra. ditional policy, and thess, rossons have actu. ated it. The speech delivored by Bismarcx in the Reichstag on the 19th inst, clearly indioates that Germany will interfers for no other reason than the proteciion of her own interests. His remarks in regard to the freedom of water-way throngh the atraits and bodies of wator involve? In the controversy are indicative of the views held by the German Government as to the Bosphorus and Dardanelles, aud it may falrly be supposed that Russin's clam for the frecdom of thess straits will meet with German support. His declaration that prae. tically he can ses nothing In the preliminary tarms of peace to cause uneasiness to any European Power, makes it plain that, up to this time, Rusaia has done nothing to®incur Gorman displensure, and 'that the terms which she has diotated for the settlemsnt of all disputed questions will not mest with German opposition., Bituated as Germany is, her immediate interosts can in no way be involved, Bhe would no doubt view with distrust any attempt mnade by her colossal neighhbor to increase her power by annexa- tion of European territory, and would doubt. less oppose such an attempt; but so skillful bas been the diplomaoy of Gonracmaxorr in rognrd to the Danubian principalitien that, while gaining all ha desired throngh them, in opposition to other Powers, by giving the principalities freedom from Turkish dues, he hns in no way exoited the jealousy of the German Government, Shonld no new com- plicntions arise, and the onse as it now is be submitted to the Congress, the Indications aro clear that the terms proposed by Russia will not only not be opposed by Gormany, but that many, if not all, of them will meet vith German sapport. , Unquestionably, the annexation of the small portion of Bessars. bis which embracos the months of the Dan. ube by Russia wounld not be sufiiclent to cause Germany to change hor policy of non. interference. Alrendy Russia owns the larg. er portion of Bessarabls, and the addition of this small strip can in no way affect German interests, Assured thus in advance of the poliey which Germany will pursue, Russia con- tinuoes, pending tho meeting of the Con- gross, to gather in and ronder ssouro the ro- sults of her overwhelming snceess. She ovi- dontly cares nothing for the timid hostility of Austrin, or for the impotont threats of England; but pursues her resiatless conrse, regardless of thelr wishes or interests, In the meantime, the Governments of these two countries ara practically doing but littla to provent her. It is trua England has sent her fleet into the Bea of Marmors, and Aus- trin, it is enid, is secretly mobilizing n small corps for servica in Gallicia, but for any practical purposo in opposing Russian de- signs these meaanros aro powerloss, The English floet in its presont position scems useless, and, if hoatilities should occur with the Russinns, would bo in great danger of destrnotion by Russlan torpedocs. No re- rious effort Appoars to bo in procesa for calling out its military strongth by either coun- try, while Russia is roported as not only incrensing her armies by large additions, but as - stationing them in those positiona from which she can best meot and overcome nany aggrossive nc. tion“on their part. It is opparcnt that both England and Austria would like to attack her, but it is equally clear that both aro afraid. Each scems insanely to be. lieve that the Congress will accomplish in their behalf that which they have been too timid heretofors to fight for, and each has postponed, until some future time, the mili- tary mensures which, in o war with Russia for the settloment of existing questions, should now bo completed. The united armies of England and Austria do not equal that of Russin oither in numbers or efficiency. For the mobilization of an army, espeolally in England, time i3 necessary, and it may be prodiotod that if, dissatisfled with the result of the Congress, either England or Austria orboth of thom should declars war agalnat Russia, they will enter upon it with insufil. clont and ill-rogulated mecans, while Russin will bs fully prepared in’every respect. Under such clcumstancos, the success of the latter scarcely seoms a matter of doubt. When the Sliver blil was beforo the ITouse on the queation of concurronce In the Benato amendments, & large numbor of members made two-minute apeechos to define thelr positions, with teavo to print the remalnder of their talks in the Congressional Record. CmiTTENDEN, of Brooklyn, put lnhls * chin-music ™ as thus re- ported: Mr, Carrrexoex (N. Y.) opposed the bill with all his might aud judgment as an Immorality. Un- less three pecks minde & b 00 cents’ do not make a dollsr, The bill wi oatrage upon the creditors of the nation, ans men who voted for 1t would yet be found oalling upon the mauntaine and rocka to hide thom from theleact, [Applause and lnughter,] The rematnder of his remarks was lost amidst cries of *Louder! louder!" Mo was then screaming at the top of hlsvolce, What this, little Bhylock wants is sive pecks to the bushel. A silyer dollar {s & ropayment of more than four pocks on the consideration recelved; it Is nearly four and a halt pecks, An ounceof sllver will now purchase in England or America from 10 to 15 per eent more labor or commodities, on the av- erage, than an ounce of sllver would in 1873, Just bofore it was demonetized. Bub Currrax- DEN wants to bo pald {n a still dearor dollar; ho will not bo satisfled with monoy uniess it has cnhanced st loast 35 to 88 per cent, as the case with gold, 'This shows the genuine Bhylock in- atinct, Ho s not aatistied with getting back all the value be has loaned, and big interest on top of it, but the rapacious shark demands an addi- tion of 25to 83 per cenj to the principat! Un- less this sort of awindle {s indorsed and contin- ued, hic bawis out that it Is “an outrsge on the creditors of the natlon*! Io will continue discontented and unhappy uniess he and his kind receive five pecks for a bushel. Hozud his wicked generation msy seex for five pecks: to the bushel, but no five pecks will be given them, — In vlew of the dreadfu) rivalries of RKxrrooa, Cany, and Rozs, s0 grapblcally related by the Bt. Louls papers, the following pretty domestic plcture, reported by the Ewning Port of that city, is perplexing: An the 1al traln started from the Unton Da- f"‘ yoate: mozning bound for indianapolls, the hree prime donne were seen sititing in the same compartment of Lhe car merril r. ‘They were nld-nlll- in g pirits, and no se- {Lmu mmlxorn’\ lh.'lhn;n:l‘ld‘ o Why lhuldl;l 0 e prosperous waee! Aul(hld urchased abaat $4,000 worth of diamon from & Fourth stieat merchant. What will mak woman happler than tne possesslon of some more dismondsr chattiog togef KseLY, of ‘“‘motor' fame, after absorblog stout & bundred thousand doliars from cred- ulous people, and alter fariog sumptuously, weariog dlanionds, and drinkloz champsgue for over three years, has at last been declared s bankrupt. The Cleveland Jerald remarks that 1t KzxLy geta his descrts he will furaish motive power for breaklng stone in s Peniteatiary. ————— Ay, Herald Baunstr's intentlon of startiog sn expedition to find the Nerth Polo is mow mado public by his petitionlng Congress to al- low tho Pandora to cersy the Awmerican fag. Ilero Is an oppurtunity for toma enterprininy fournnlist to rlval STaxrey, Itahould be llnlc;i belorohand that this wiil bon more dificyly undertaking than an African exploration, Tig ‘human framo can_endura axtremo heat easfer than extrema cold. Whoever gues on the Pap. dora should make his will, and pray that hiy tones may be recovered at & reasonably early date, : ———— In New York the other day Misa Consox ig. vited a party nombering fiftcen, and composeq of foursallats, doctora, and well-known literary men, to & dinuer at her house, The bill of farg was a8 foilows: Maltre d'hotel potataes, Baiml of ducks with olives, Lentlls snutes. Macaroni a 1a Milanatse. ty frittere Tonchaes with pressrves, Applee. nuts, xvhne n; Roquefort cheese, lofTee. It was in every respect a capital dinner, ang at its close the hostess declared that it hay been produced at a cost of 15cents & head, and read from her account book se follows: Peg soup, 8 conta; porch, 15; bass, 20; garnish, 10; potatoes, 65 duck, 83; lentlls, 8; macaront, 103 tenderloln, 185 ealad, 10; celery fritters, g; bouchees, 10: coffee, 15; apples and nuts, 20; cclery, 15; ollves aud cheene, 10; making a total of $3.18. As sho was ontitled to 15 cents for cach of the fiftean guests, she had $2.25 to Ler crodit, Jeaving 7 conts for bread. e ——— 1t wonld prohably have a conciliatory effoct at the North i the Democratic House would vary the monotony of ita proceedings in contested. eloction cases by allowlng eay one Republican contestant to get hls scat, or ono Republican contestee to keep hie. 1f LuMorns and Hoxig had only given notice of contests Lefore, under the operstion of the Etectlon law, Time way enatclied bald-headed as to his forelock, it would bave beon money fn thelr pockots,—~85,000 & year and milesge. The eminent German sclentist Von Hascrn. TOMMBR, alter studying the subject for forty. acven years, has come to the conclusion that the Citles of the Plain were destroyad because — Lo, Erq., was unable to find in them ten girls who didn't soell thelr names with a final “ 0. This hypotheals is very reasonable, and {t is to bo hoped that the American nation may take warning whilo it Is yet time and not ba doomed to wot with tears of valn regret a pillow of salt, ——— “Only Jot the army bo abolished,” shricked a Communist st a meeting in New York Bunday ovening, “and labor would make such & move o8 would {nsure jts rights.”” DBut, with tho ree ollzetlon of thoe raflroad rlots still fresh in the minds of the people, thero is not a flattering prospect for tho reduction of the army, and for the Commaniats to indulge in nnstinted gore. ————— The Eastern {dea of the Western man {sof a belng dividing the hoof and flHng the ate mosphere with & strong odor of brimstone, and the nurses of tho children of the maguates of Wall strect scare their charges to sleep with the name of BLanp, even as French bonnes years ago nsed to hush thelr Infants with threats of Marondox. ——— ‘The London correspondent of the Clnclnnati Commerciai relates that a long timo aga some ono sald to Lord PALMERSTON: “That young Granstons will one day be Prima Minister” ¥ Yes,” replied PALMERSTON, * ho will, and he will emash the Liberal party.” This prophecy sccms near its fulfiliment. —— The Town of Cherry Valloy, Otsezo Coucty, N. Y., has, by a vote of 103 to B4, repudl ated its rallroad debt, Of courso it Is a Demo- cratic stronghold. If it was a thousand miles west of where it Is, the New York papers would mourn sore like doves. ———— The chimpanzee at the New York Aquarium 18 dead, and the Buflalo Ezpress plagiarizes upon Mr. Cumups’ pootry by walling: We hind n litle chimpy once; 116 was oue joy and pride. ——————— A bill has been Introduced In tho New York Legisiatureto protect the movssol the Adiron- dack reglon against the amateur hunters, Whiat 1s really nocded is a blll, or somo other device, to protect the amateur hunters agalust the moose,” e — Another srgument against tobacco may be dee rived from tho fact that Herr CAspitausnx, the German Minister of Finance, {s about to rdsign owinr to the faflure of bis bill taxing tobawo to pass tho Parltament, —————— A Loundon paper anuounces the death of Mr, MarMADUKE FroLLior VANE pm Vuns Wis BRAEAM Burcnano-Buncranp. It s surinleed that he was running down-atalrs and fell over part of his name. i ———— Senator Banxuy, of Connecticut, s not to bo removed from the Democratic Committeo's Chairmanship just yet, It ho had been ho would have kicked like a mule—like * nlos more mulea.’ 3 ———— A peasant of Moscow named VassiLaze has had elghty-seven children by two successire wires, and Kuropean scientists interosted in vital statistics are asking it hofs a Vassil or s Blav, e —— A Kontucky turfman, with an ear to the eter- nal fitness of things, has called a colt by Virgil Georgics. But no one has as yot thought of the name Poems—by Long(ellow. e —g— Mrs, Gen, Buxnxan Is l{kely to have thought on hearlnk of thedeath of an cminent European teacherof dancing pamed Brasis that he bad gone there. A leadlng feature of the Couuty Board—The abatract dopartment. ————— Y PERSONAL. The Churchman ssys that Willlam Welsh; of Philadolphis, was the foremost layman tbs Amerjcan Church bad produced, Mrs. Paran Btevens put aFrench cook into ber spartment-housss, and ha refuscd lo make slapjacks and corned best and cabbage, and the lodgera ross {n rebelllon, ‘William B, Astor has pald 810,000 for Ges. Philiips, 8 horss that has won & high reputstion fa tho Gulf States. The Galveston News prodictaihit **Gen. Phillips ** at 4 years old will be the fastest horse In 1be country. ‘The engagement of Benator Don Camerod to Miss Lizzie Sherman, of Clavelsud, s nleca of Becretary Sherman, {a currently reported. Senato Cameron is & widower, aud bas & daughter nestly 2s0ld aa bls reported Bance. Reguault, the great French ohemist, dfed on the anniversary of the day on which his soa, Henrl Regoault, & palnter, wha at 20 was fas o1l in 1871 in battle with tha German lavi 4 Grief for the young man's death compolied bis father to witharaw from soclety saud hastened bls end, Bylvester Hondlow, a rich Brooklyn roal- estats broker, died last weck and was buried 0a Baturday. Jus) before the funeral hladsughtens Minnle, waa marsiod—pracsents cudarers, a4 008 might eay—to the Rev. Willim P, Bhort, ssslstant pastor of the church, and the bappy couple et out for their funeral wedding-trlp. ; The second cremation at Dr, La Moyne's farnsce at Washington, Pa., bas rervived much o the feeling that was manifest at the time Barou e Pslm's body wsa baroed. Wiahiington fa s strong® bold of Calvinlem, and the old-fashioned me; terisns, who regard the waltz as an joveution o & gume of cards as sure destructiot, conald mation & rauk heresy. The Dacwrl: consequently obliged 10 suffer mors of lusa s0CH! injury; but, as he has been & reformer f0r lnuy‘ years, be does 20t 80 mach wind this. Tho I8¢ that the pereons thus far burned st his furnacq wers Athelsts bas tonded to encoursge the ldea that cro- ‘and he desires, on (b8 make froe use Of theif rignsl and oaly " fue .