Chicago Daily Tribune Newspaper, March 1, 1878, Page 2

THE CHICAGO TRIBUNE: FRIDAY. MARCIT 1, 1878. work on the liver doflars at once. The first of the new colnage §a to come here, and, upon the reveption of A requlsitivn for a fund to pay members of Congreas, it Is the intention to honor it with sllver. Ta the WCestern Assoctated Press. WasnixatoN, D, C,, Feb, 22.—The Sceretary of the Treasury has already prepared the neces- gary arrangementa for the immediate execution of the law providing for tne colnage of sitver «ollarg, o that there witl ba no delay whatever in ts operation. The Secretary has prepared & form of ailver certificate and approved the do- vlee for the new silver dollar which was submit- ted to him by the Director of the Mint. . The Department §s therefore prepared tobegin with- out detay the aldministration of the ucw law. TRESS COMMENT. AEMARKS OF TPROMINEST NEWSPAPERS THROUGHOUT TIE COUNTRY. pecial Dispateh to The Tribune. Nrw Youg, Feb. 23.—The tone of the varlous moruing papers recarding the President’s veto message Is given In the following extracts from the editorials which will appear to-morrow: : THE “TIMES! (RED.). The President has vindicated 'his consistency and integrity, if not courage, in the veto of the Silver bill. He has taken the only course which could saye hlin from the responsibllity and dis- greace of participating, even impliedly, in the bad falth the measure fnvolves, The dublous tenor of bis references to the general question of remonctization in his December message warranted the misgivings which his subsequent kilenco rendered more plausible. The funda- mental falluey of tho little that is honest in tho remonetization movement recelved apparent encouragement from bim, and also from Secre- tary Sherman, and the circumstances served still furthier to tmpafr the strength of his opposition to particular features of the bill os enacted. There may bo 1o strong reasou for belleving that auy declaration on the past of the President, at any stage of the con- troveray in Congress, would have at al affected the result, The summary, half~contemptuous wmanner iu which the veto was disnosed of In bouth Chambers does not Indicate the presence of a personal following in ecither, or even o passable degree of respect for his opinlous. But the fense of duty which compelled him at last to speak would scem to have requlred an carller attempt to relleve himself from ints- apprehension, to utiilze such moral Intfluence ws a DPresident may lawfully exercise fur the furtherance of his convictlons, Asto the bearlng of remonetization on public eredit alone, tho President expresses himself cidedly, Incidentally o notices the measuro apon pre-existing private obligations, and shows behas a elimmering of the loss fts enactment will entall upon croditors generally, and wpon tie industrisl classes especlally, The President has utterly fatled to graep tho siguiicance of the eilver ngitation in any other aspect, nnd has consequently thrown away the opportunity the vetoullforded him of exposing the mischievous tewdencles of the measure, and the fin- justi-o which it will entail upon creditors of cvery class, and upon every nan who lalors for bia brend,. ‘To this extent the messagoe fs weak and unsatiafactory. The statement of the case Inrelatlon to the publie debt 1s temperate and conclusive. Mr. Hayes s cold, ot the cost of vizor aud Impressivencss, If his convletions as n financler were as clear and positive as his mnrad convictions, his message would have been strovger and more effective. The impression it 13 most likely to make now fs that it was pre- pared reluctautly, with o faint heart, and anun- piensant consciousniess of thie fato that awalted 1t fu Coneress. THE NEW YORR *‘HERALDY (1ND.). The Herald says: **In the whole' history of our Government there was never hefore w veto ofany bill by uny Prealdont oserruled by ma-. Jorities {1 botk Houses so superfluously large, Untll Audrew Johnson’s time no bill was cver passed by Congress over a veto, President Hayes s mot the deflunt, bull-headed typo of man Johnson was, hut Congress scems Yo show even moro alaerity in humiliating him, and proving his want of influence. No intelligent Judze belleved the Silver bIL coutd bo defeated ot this Jate day by the President’s siznature, bhut nobody put so depreciating an estimate on President Hayes' influence as to conjecturs ¥ overwhelmlng n defeat. So little docs n President understand hls wenkneas when he hos sundered his relstions with his own party in Congress! President Iaves hns been at the wrong end. An able President in friendly relations with Congress could bave checked the sliver lunncy in its carlier stages. It fs a eingular phenomenon for a bill to be stronger sfter it veto than before, Had Mr., Blalne heen Prestdent, and held tho sound views of Mr. Hayes, it would bavs been a politieal m. possibility for the Silver bill to be repassed over his veto, The harm the bill will do con- Klsts first In loss of credit. Ina rich country Jike ours a mere money loss 18 soun recovered, but w loss of roputation s a diferunt wmatter. We are o borrowing nation, and it will tone continme a great profit 1o us, and especlally to the western and south- o part of tsy 0f we cat borrow money at o low rate of jntercst {n Burops to help us dovelop onp resources. This il makes such borrow- lug dmpossible for years Lo come, But the pecunlary loss, the hinmeliato loss, 13 ulso great, Owlng 1o the silver craze we have drawn from Europe Qfty millions of our own debt, fustead of thut smount of gold, Further, the silver agitation has alarined mond| prudent peaple here, and we happen to kuow on the best authorlty that for somo time a qulet novement has heen golog on of ital drawn out here sud sent to Lurope to be invested there, Thisfs a serfous matter. Il silver folly is lmpoverishing ua, winl depriving us surely of the capltal we need to keep our enterprises golug,” THE NEW YONK * WORLD Y (DEML), The Worid savs: “Yesterday tho Prestdent put an cad to much speculation by sending tu Conuress bis veto of thy Silver bill, and Con- grees passed the bl over his veto by the re- quired twothirds vote, The measure {s now, thercfore, the law of the Land, No comment 18 necessary on this event, which was anticlpated by the country, but u few Waurds fn approval of the veto inessage are upe Ppropriate, since it is ulways well 1o pralse the aable and conscientions performance of a public iy, President Hayes gives hls objections to the Bitver bill clearly und terscly, and we think there o less offort wfter cffect und wore rtralghtforward strength i this message than $ii auy prevlous document bo bos written, M oppuses the I becauss by thinks it will fu- vairthe obligations of coutracts, public sud private, und injure the natlonat creds 1. A luge wmount of the public debt was ereated prior to 1873, at a time whicn rilver was unkoown fu the dreulation of the country. Al the bonds recently sold were sold for gold, and the officlal sunouncetnent wos made when thele churacter was questloned fu the market that they would be puld fuguld. Thls clement fn the bargain Wwas vart of the Inducement tu capitallsts to aceept 4 per cent foterest Instesd of 6. To atiempt 1 pay obligatious jueurred in vae win o unother coln of less wvale Us @5 therclure dishonest, In suggesting 10 tho=c who profess that thelr object s uot the exindling of the creditors of the country sud the creditors of private Individuals, that they stiould have exempted all coutracts already raude from the operation of the law, the Presls deut bits the heart ol the whole watter,” L NEW YORK sUN (LEML). i The Sun diswissed the vetoy bill, sud all with & mere paragraph of sunouncement, sud the remark that weither the President nor Jous Sherwsn were able to put any new polut of the suver question tn the veto, TUE CINCINNATE ENQUIRER (DEM.). Special Disputch o Tue Trbune, [§E AT1, O, Feb, 284—Tho Enquirer will €3y Lo its editorlad to-morrows ** Yesterday wus au eventful day fu our uational politics. Its suu weut down upon the idory und fndepeudence f the Congress of the Unfted Stutes, und set upon e rhane of the Adwinkstranon. Two Ligachiss uf Congrean, with unfuliering devotion tothe interests of their cmployes, resistrd the blandishments of the monev nower, and trad the rervile opinfons of the Administration beneath their feet with noble ecorn and prompiness. ‘Tue veto messagze 18 as weak and fliogicat as it fs outrageous. It damns itself. What are the President’s arguments? ! The capital defect of the measure is that it contalns no provision protecting from fits opcration pre-existing dehts.’ The hand that wrote those words in the message, whether that of 8herman or Hayes, should bave palsied in the writing, and the Ad- ministration - that sgent them to; Cougress should resign for shame, One great purpose of this bl was to cancel legislation which ignored pre-existing contracts, DId the men who de- monetized the old eliver dollar exempt the pre- existing debts! The entire national debt {s pay- able, In the spectfic words of the law authoriz- Ing the fssuc of the bouds, and in the specific contract printed on the bonds themsclves, in the dollar which this law reinstates, and which the Sherman gang banished from money with the most Infamous disregard of *pre-existing debts.’ The national debt was made’ by law payablo specifically (n a named numberof grains af silver and a named namber of gralns of wold, Why didt not the men who stopped the colnago of those grains of silver In 1873, and de- monetized them in 1874, cxempt from the operation of thelr {nfamous measures the pre- cxisting mnatlonal debts to the amount of two thousand milionst It fs crimi- nal impudence fn them now, touching this bill meant to undo the very wrong of which this nessage complnins, to moan like Iying hypo- crites that the bill contalns no proviston pro- tecting from {ts operation pre-existing debts. As thie President calls this feature the capital defect of the bill, his veto has inflicted capital punishinent upon itsclt—has committed sulcide, The DPresident hangs all his objectlons to his blil upon the polnt of *impalring the obli- gations of contracts’; and this law restores the obligation of contracts. It §s not tho colnage of a new dollar, but the coinage of an old onc that the law authorizes, and tho President should remember that the surcst way in which to ‘Injuriously affect tho public credit? is to weaken the reapect at homa for fts managers, — that public faith begins at home, The Government should firat keep falth with its own citizens. But the Tresident advises Iving to one's wife, swindling ono’s daughter, cheating his aon, and robbing his employer, In order to give o stranger more than is promised. When ho says it was under- stood differently, he only heaps Infamy on the heads of thoss who have caunsed the bonds to be so understood, as the bonds themselves say they shall not be. When ho says that the * standard of value should not e changed without the consent of both parties to the contract,’ hie unwittingly takes preetsely the position of the Congress that denouncod such o chanze in this Inw, trampling on his veto, ind In splte of him rectifled it. But the most infamous veto fn our history I8 conquered by tho Congress with cighteen votes more than the necessary two-thirds in the louse, and with threc to sparc in tho Re- publican Senate. This {s tho victory of the people, whoso confldence the President has forfelted. The man dn the White Houso clothed with the veto power s clothed with awtul authority. Iils word equals one-sixth of tho Congress. It balances more than six States, nearly 8,000,000 of peovle, or 1,500,000 voters. The peovlo cscaped from its tremendous command yesterday. But this hour teachics, nay commands, the American voters not agaln to trust that power to any man who {s not the unalterable friend of the people upon these great questions of flnance.” CINCINNATI * COMMERCIAL ™ (1ND. RED.), Speciul Dispatch to The Tribune, CINCINNATI, Feb, 23,—~The Commercial's ed- {torlals for to-morrow credit the President with oeting upon o mistaken sense of duty, and con- gratulato him and the country upon the passage of the Bilver bill. Tha Commerelal urges that the law as 1t stands s an admirable one; that #ts effect will be to fnsure resumptlon without distress; and that it s the duty of zood citlzens to rest on the rock of the old sveclo basis under the old double “standard, and frown down all ngitations affecting money. THE PITTSBURG ** COMMENCIAL " (ner), Spectal Disoatch to The Tridune. Prrrsnuna, Feb, 28.—Tho Commerelal Gazette will say cditorially to-morrow: “Aa a matter of Presliential prudence, we rerard the veto ns practieally unfortunate. President flnyes has beon remarkable for the certalaty with whict hie has managed to put himself In oppusition to the common sense of the country since hu hos been {n oftice. It Is Imipossible to be in Wash- Ington and nut know there fs o strong undercurrent of frritated feellng amuni Congressmen toward tho President, Iu Is felt that thero {s no sympathy between them, It wus because of this that Sccretary Sherman was 80 anxioua that he should at least not veto, A1 his Gl not sicu the bill. Prudence, even with reference to Jeglalution refative to sllver, would huve led to withholding a veto. ft was cleurly understood that, (f the President shoulil flaunt o veto o the face of Congress atter so strunz avote had been glven as to prove fta utter usclessness, there would be danger of a Ll far moro extreme fu its provisions being passed. But, to send aveto to Congress nfter It had fully discussed the subject, declaring the LI dishonest, aud futimating that no change In the law should he made without the consent of the guldites, was to jusult Congress, It was certainly an ex- tremely fnpudent thing to do. The President could bave maintalned hils conslstency by aliu- fug tho bl and sending o messoge to Congreas stating his fudlvidual views, but recoznizing the usclessness of o veto, ur he nleht have al- Towed It to become » law by explration of tiue. OF alt possible methods, hy chose the most of- fensive.” MEMPUI4 ¥ AVALANCUE " (IND.). Byectal Dispatek o Tha Trivune, Meseuts, Tenw, Feb, 25.—The Avalanche priuts the followlng editorial: * The Presilent's ¥eto of the Senate Bilver bill s not o surprise to the country or to Conuress, The regret we earuestly feel In the opposition of the Presblont 1o the resturation of the dollar of vur grand- fathers ts initigated by tho reficction thut his fnaucial views are not fn harmony with thoss of New England and New York, In-which States public opinion, us far as it s permitted o bave expression, ts for the siugle gold standard, while the President would buve both silver and gold, provided silver be made equal In fts vurchusing power to guld. The Prestdent in his veto adberes to his opinlons as expressed in his aunual wessage to Cougre: He fs very uuch ko the muu who asserted that the horse was sixteen feet bigh, and, baviug so ssscrted, means Lo stlck to dt i 1t tukes all winter, Can- dor compels us to state, Lowever, that the Prealdent belloves he ba. right, and Lis con- yictlons of rizht aud duty to the country aro to bim a controlliog power, to which nu uppo- sitlon, whether fuside or outside of the Republican party, 15 strong enough to overcome. The veto dld wot chungo a vote, aud it will not please the advo- cates of a slngle gold staudard. The dwalenche canuot refrain from caliing the Prestdent’s at- tention tow wise scotiment ho uttercd ln a short speceh mwude by bln Just sumwer 10 sunday-school lu Verwont, nanely, *lo this country, public oplnion s the Government.' ‘Fhere uever was @ mcasure ot thoroughly discussed by the country than the restoration of the silver dullur of our graudfathers sud Latbera, gazeTre” e — . BEN WADE YET ALIVE. Spectal Dispaleh 8o The Tribune, CrLEvELAND, O., Feb, 28.—The Hon. B, P, Wade appeared a tritle better this afternoon, but u disvatch from Jefferson this eyeving states that this is not consldered a favorable syuiptown, aud it s thougnt that he way uot Live tlll worning. ———— OCEAN STEAMSHIP NEWS. Nuw Youx, Feb. 23.—~Arrived, steamers Erin sud Yatavis, from Liverpool. Bostus, Feb, 24 —Arrived, steawsnlps Istrisn sud Bokuuian, (o Liverpuvls WASHINGTON. Blaine Makes the Mississippi Pine-Log Bill His Op- portunity. And Throws a Few Hot Bhot into the Interior Department, In Return for Schurz’s Influence Against 11im at Cin- clnnatl, Reported Kidnapping of Many Negroes 1n Florida, And Thefr Being Sold into Slavery on the Island of Ounba. TNE PINE.-LOG BILL. TLAINE 8. BCHERZ Special Dispateh 1o The Tribune, ‘Wasmxaton, . C., Feb. 23.—There was an animated debate in the Senate upon the Missis. sippi Pine-Log bl Blaine showed, fu support of the chargo that tho Interior Department may have been mistakon, that great injustice was done in Montana by forelug peoplo there, at the ontbreak of the winter, to pay 81 ver cord for stumpage for firewood taken from the Government lands, In accordonce with fm- memerinl custom, when the real etumpnge should not have been more than 25 cente, 1t was ensy, however, to scc that Blalne hadn decided nnlmus in his attack upon Schurz. It was not difficult between the lnes to see that Blaino yvemembered that Schurz opposed his nomination at Cinclnnatl, and was one of a number of Liberals who declared that the would not supbport the Republican ticket Dlaine was nominated. Blaine’s speech to-dav appeared to have been used as a means of get- ting even with 8churz, Barggent, of Califoruia, was rcady to support Blaive, Sarzent, too, 1AS A GRIRVANCE, ns the operations of hls friends in the desert- lana matter havo been defeated. Schurz undoubtedly made o mistake inthe ex- orbitant charge of 81 per cord for stumvage in Montana, but thero {s no dount that the Senato made an_infinitely greater blunder to-day in passing a bill the eifect of which will be to per- mit orzanized ganga of timber-thicves Is Missis- sippl to continue thelr devredations upon the Government. Many Republican Seuators hos- tile to the Adminiatration were by thelr votes placed in tho curions position of coming to the rescue of thober-thieves and open viulaters of public law for the sake of gratifying thelr spite on Schurz, KIDNAPPING. NEGROES STOLEN AND SOLD IN CURA. Wasmxaroy, D. C., Feb. 23.—~8everal weeks ngo the President received a letter from a re- liable source stating that the writer was In pos- scsslon of facts capable of dircet proof to the effect that eolored men, cftizens of Florlda, had been ktduapped and transported ncross the Qult of Mexi:oto Cuba, and there - sold Into slavery. The writer says members of the {amilies of somo enslaved citizens had received Intelligence from Cuba frotn their relatives stating that they wera held in hondage there, and the matter was com- municated to the Chief Executive of the United States for such actfon in the premises as micht b deemed best calculated to vindicate Ameri- can dignlty {n view of a procedure so grossly in violation of tho civlilzation of the times. Tho contents of the letter OCCASIONED MOUCI SURPRISE to the Preaident. With a view to ascertaining the truth of the statement, he concluded to dispatch a confidential agent to Cuba for that purpose, Buch nagent was found in Judge Leonard, Republicar: member from Loulsiana In the House of Revresentatives, n gentleman dis- crect and’ courteous, and famillar with the Spanish languace, It was thought advisable to pursue this divect course, iustead of making the subilect the basts of diplomatie correspondence, Judee Leonard n few days ago obtafned indefl- nite leave of abscnce from the House, and Teft New York for Mavans un the stestship Co. lumbus on Wedoesday loat, carrying with him n fetter from Presidont (layes to the Captalp-General, and olso one from Scnor Mantilla, Spanish Minister, addressed to the samo allleer, to whom Judgs Leonard will make known tho objects of his misslon, It Is not doubted that the Captain-General wiil APFOND NIM EVERY FACILITY for tho accomplishinent of his mlsston, besides extendiug bis own luvestigatious In the same directlon, Aunotlier object of the misslon {s to ascertain the true condition of the insurgents, ofilein) accounts and those from Inaurrcctionary sources befnge contradlctory. Whilo ony stde represents the declino of the fnsurrection, the other asserts the contrary, and ngents have been liere in be- lulf of the insurgent Cubuus with a view to tho lé:-m:mlllun of thelr indepondence by the United tatos, ‘I'ne Captaln-Genoral will doubtless extend to Judge Leonard the necessary facllltles for vistt- fngg the Insurrcetiouary district, us Spaln uni- formly shows o dlsposition to preserve and strengthon friendly relutions botween Spain nud the United States, which have never been inore amicable than they ure now. Should it bu und true that negroes are kidnavped in orlda or any other Southern Btato and con- veyed to Cubiand sold Into slavery, immediate means will be adopted “to l)rurum all such futurs outrages ou persous in violation ot fue ternational law. “The objects of the mlssion are not known, care havini heen taken to con- ceal theni, but the above statuinent fs confirmed 10 quartors which leaves no roowm for doubt. NOTES AND NEWS, ADVERSB NNEFOKF. Wasningron, D, C., Feb, 28.—Represcnta- tive Wilson (West Virglnla) has been authorized by the House Committes on Forelgn Aflairs to report adversely the petition on bebalf of the Ameriean Colonizatlon Bociety for an sppro- priution of 850,000, to bo oxpended In making & survey by army and clvil engineers from Liberia custward 2,000 miles futo the Niger Valley, DEMOCHATIC CAUCUS, Immediately after the adjournment of the Housu this afternoou, the Democratic membery beld o caucus ond discussed tha question of ap- pointing an expert for each of the seven Inves. tiguting Committees,. without comiug to a con- cluston. An adjourned mecting will be held to- morrow afternoon, when the subfeet will bo resuined und constderation given to Uen, Ban. niug’s Army-Tay bill, 7 CANNOT GO, Beuator (fordon has written to varlous citles and Boards of Trade which were moving to send bim to Europe as a Commissfoner from the South, that tho probable length of the present 'E"'fl of Conizress will preveut bl from golng sbro for Fl : HEVENUE RECEIPTS, The ‘total {uternal revenuo recelnts for tho month show a decrease of 81,145,227, ua com- pured Wit tho correspondinig. nonth of last car. < ¥ TIE REDEMPTION AGENCY, % Tho lallowln* Is 8 statemont of the operations of the Nutlonal Bank Redemption Agency for the month aud the elght munths ending this day, 03 comparced withi corresponding periotls lust year: ) National Hank notes disvosed JHeTA. wanihs. un feturncd to auks i .. §11,230,400 circu- latlon assotied and delivered o Compe truller of Curreacy for desteuction cud seplacement with $103,372,200 31,080,200 WBOLS. s ioer Notes of futled, ilqul- dating, and redio. fug baoks deposit- ed Treasury... ..o Totals for 1878..515, b, Totsls for 1677.. 15,070,300 210, 750 COMPRUMISED: The Burrey Couuty, North Carolins, tobacco cases, which lave been pewdiug before the LBurean of Iuternal Reveoue, were cowprombsed 1y upot terws ugrecable to Commtsslones Rauw, TUE TEXAS PACIPIC KAILROAD BILL. The House Comumlttes on Pacliic Rallroads today uusuiwously suthurized Represcutative Eignt 1 Honse to report the Texas Paclie Ruilroad bl at the next call of the committecs for reports, subject, liowerer, to nny action that may le taken in the meantime by thecommitteeof cnang. ing or perfecting Ita provisious, and reserving the tight, also, for n minority report, to be made at the same time. The practical efTect of the order thus made {8 to Insure the subject bejog brousht hefore the Houseat the first possible opoortuni- ty, though In the meanwhile the Committee will continuc ita constderatton nnd a formal yote upon the question of adopting the Sub-Com- mittee’s favorable report will not be taken until at least one other mecting shall be held. The full Committee adjourned until to-tnorrow, TIE RECORD. SENATR. Wasninatoy, D. €., Feb, 23.—Mr, Conkling #ald that in tho course of the debnte upon the New York Penslon Ageney hill yesterday one ortwo Scnatora alluded with some surprise to the fact that Coster, whowas appolnted Pension Agent at New York, had never qualified. Mr. Coster eamo this murning and brought with him o bond signed by a larze number of men kuown to him and - other Scnators, It was drawn by the Distrlct-Attornoy, and wasn copy of the bond under which Mr. Hillhouse, the Assistant Treasurer at New York, performed his dut The obligors owned property4o the value of 500,000, This bond was perfected on the 21st of February, and It was tendered by telegraph, Dut objected] to on the ground that the justiflens tlon _shouid be unincumbemed real property. AMr. Coster hiad not been able to conforin to this requireiment, which, ns far ns Coater knew, had nover been made In the ease of uuy other oflicer, Tho Houso bill tn autharize the constructlon of 4 bridge ncroes the Alissunrd Hiver at Glasgow, Mo., was reported favorably and placed on the calendar, A rabstitute was prescoted for the Senato il authorizing the Arkanmaa liver Tranafer Railway Company to conetruct a bridza acrors tho rivér near Littio Rock. Placeion the calendar. Mr, Why(e submitted o resolution directing the ceretary” of the Nuvy to transmit to the Sennta coptes of all tho letters, documents, and state. ments in writing_relating fo the conduct of the nasigation oflicer of the United States steamer Huron, atthe timo ot her loas, othur than thoso contained ia the procoedingy of the naval Court of nquiry, "W, Ticck maved to make tho resolution submit- ted by him on the 21at of Janvary, in_relation to tne inexpediency of levying taxceat thle time for muintaining a sikiug fund, the spectal order for Tuesday noxt, after the marninz hour. Rejocted by & rising vole—ycnas, 27; nays, 10—two-thinls not voting in the atfirmailve. Mr. Beck thon gave nutice that he would call it up on Tucsday uext for discussion, and hoped to have a vote on it then, Mr. Chafles, from the Commiitco on Territories, reported with an amenidmont the Senate bill to ee- tablish the Territory of Lincaln, and providen temporary Government therefor, Flaced on the calendar. 1t was ardered that, when the Senate adjourn to- day, it be to meet Monday next, Ir. Davis (W, Va.) enlled up the report of tho secrctury of War in noswer {0 the re<olution of the Scnate in regard to the militis organizations of the varioun States, Referred. Mr. Edmands, from the Commitiee on the Ju- dlciary, reported favomhly on tho Huueo bill changlig the tmen for holding court for tho Dis~ trict of West Virzinia, lared on the calendar. Tho resvlution of A ubmitted a few daya nyo, directing the Sccretary of the Intetior to inquira of the Government Directors of the Unlun Jacific Raflroad Company as ta the nature of the secutlties taken or held by that Company for ald granted by it to the Colorsdu Central and uther Foaus, was pzrecd to, Ar. Paddoek Introduced a biil to provide for the constructlon of a bridze ncrons the Missour! River at Decatur, Neb. Referred. The House bill to authorize a special term of the Clrcuit Court of the United 8talcs for the Southern Thetrict of Mieslssiopl to be hold ot Scranton, 'lhc‘“t:m County, was taken up and discusscd at ength, A, Enstia submitted an amendment providing for o special term of the Clreuit Court of the United States for tho Distelct of Lonfslana, to by Leld in St. Charlea Parlsh, that State, on the soce ond Monday in Aprll next, fur the trial of cascs growing out of the action of the Uovernment in scizing timver, ‘After some discnssion, at the request of Mr, Lamar, Mr. Enstis withdrew his'amendmont (o the Vil under conslderatton Mr. Blaino wnid the tiecretary of tho Interlor hnd been adopting a line of poliey in restard to thnber lands without duo motics, harshly, and withou regard to individual rights, In varlous parts of tho country, which had calicd forth a great deal of wublic erlticiam, and thls policy had beun so op- presalvo that the pereons Injured had songhta rewmedy. Ho knew something as to what tho Sec- retary of the Interior had done in anotner part of tho country, The Delogato fruin Muntana, a gen- tieman in whom he had every confidence, had fur- nishied him with facts an to the harsh policy of the Heeretary of the Interlor in regard to thnler laud in that Torritory, Mr, Fdmundw asked if the Senator had made an inquiry about the Montana case at the Interior Do- vastment. Mr. Dlaine roplicd in the negative. Mr. Edmunds—Then tue Senator hasonly one side of the cise. Mr. Blaine—The Interlor Department does not wirh Senators and Represontatives (o visit i Mr, Ldmunds said the Senator from Maino ($1alne) Lad shown Lis fulraess toward the Secre- tary of tne interlor by Informing the Nenata that he favored this biLI becauso of the aclion of the Becretary of the Iuterlorin some other part of the country, Mr. Allison withdrow hls motion to reconaider tho vota by which the. Sonato agreed to ndjonrn over untll Monday, A motion to ndjonrn and anotherto go into executive sesslon were both rojected, und the Kenute resumcd connlderation of the bill toau- thorize n apucinl terin of the circeit of the United States Court n tho Distrlct of Mleslwslppt, and it was passcd notwlthstanding the ‘adves the Judiclary Committer, —yeas, 0% and tho Sonato adjourned until Monday, ue report of HOTSE, Mr, Whitthorne, Chalrinan of the Naval Com- mittee, reported back the bill requiring entinates for approprintions nooded by the Navy fepartinent to be made In dot; e cxplained " that tho ob- ject of the bill was to preveutan approvrintion Tnade for a rpeclal ubjoct boing uxed for other purs posen, Undur the present cuatom of bulking esti- tuates, greut abuses mauht and did oceur in the mat. terof teanafersing the appropriations. The bill then passed, 3 5 Mr. Willis (N, Y,), from tho same Commiitve, reported back the Uil auhorizing mud vquippiue an expedition to the Arctic Sea. 1t providos tor he munt of a tom 'y colony, and ape rmpl tes 50,000 for thu necessary expenses of \ml'l eltyctllllonw Refurred to the Cominfites of the Wholn. Mr, Ilanna, from tho samno Committee, reportod back the i)l for the rellef of Nat Meifuy, Printed and recommitted., 'he 1loi thon went into Commlitee of the Whole (Mr. Eden in the chutr), aud resumed cune sltsration of the bill to penslon soldiers of the Mexiean and Indisn wars, After upeoches by Mes Alabama), Whillams {Oreon), Ityan, Whito, and Riddle, tho Committes proceeded to consiuer the bill by'sece tions, Durlng the speech made by Mr, Stngleton, ho sent to the Clerk's dosk und had road u lottee from Jedlorsun Lavls, requesting him (Bingleton) to Inforin the fricnds of the bl taut if the siccens of the bill dovended on vxcluding him (Davia from {ts beneiite, no Imgud thut wuch provision would be Inserted in It Mr, Singleton proceeded to eulugize Daviw, declariug thut this was bot auather pronf of hi firuu aufmiy, an Plulned that that geptleman had been ‘in favor of deluying an lonzz us povsible the act of accossion passed by Mivslsalppl, In hopus of a recouciliation with the North, ‘The Commit! . Williame e then rose, and the lonse ad- ourncd. A Democratle caucus was annonnced tobo hold Immudiately. CASUALTIES, MINE EXPLUSION, TorTsVILLE, Pu., Feb 23.—~The explosion of gas this morning in the Preston mines killed Willimin M, Withiams, insldo boss, and serfously Injured John Muhouey, miuer, ———— LOST AT STA. {iLoucesTan, Mass., ¥eb, 23.—The flshing schooner Currle ¥ Mortrere s thought to be lost, with her crew of thirteen mew. o —— THE WEATHER. OrriceE or T Ciisy SiaNAtL Orpicen, Wasiunaroy, D, €., March 1—1 a, m,—For the Lake reglon, rising followed by falllng Larome- etor, northeast to southesst winds, colder, part- 1y cloudy weather, with ralu orcas, partly turg- Ing Iuto snow, . Tme, o dar, ; "33, Siluiuin, 70, GENENAL UNSBUVATIONS, Cutgauo. Fei. Wind, Mzt ~Stidnight. Qnin Sailone. _(Bur.) Dir. of bushels, TILE RAILWAYS. A Timely Note of Warning to All - Friends of Chicago. The Great Municipal Rip Van Winkles touth of Us Waking Up. Young Rivals Also Laying Dan- gerous Sap at Our Gates. The Neoossity of a Prompt and Vigorous Oombat with Commoroial Hostiles, Denial of Recent Statements Concerning tho Penusylvania Rallrond. CIHICAGO'S T'ERIL. The editar of the Chicago Kaliway Review has kindly furnished Tug TrinuNg with an advanco copy of the following elaborate article, which will appear in his paper Saturday, on the. mls- taken poliey of the Chicago roads which allow the business of the West which formerly sought an outict via this city to be diverted to other polute, The article fs of conslderable interest, as It shows the necessity of fmmedlate actlon on the part of our siipoers and merchants If Chi- cago isnot to loso thio vantage it has gained through superior energy in former veara: Tn recent articles we have endeavored to point ont in unmistakabie terms the Impending conflict between St Louls and Chilcago for the trade and transpartation of the Upper Missiasipni ta- rourd Vallevs, The eltizens of 8t. Louls aro fully nwake to the demands of the wituation, s the recent nuccess of the Jottieant New Orlenns lias inapired o new hope anid culled farth extraordinary exertiona in the oifort to aupplant Chicago 1n_the common field teibntary to both citles, Even Kane 2an Uity s alert to her nterests 1n the canflict, as witnest the following from a recent issue of the Journal of that city: There never was n more eritleal time fn the hintory of Kanew City, o o . 1f wado not du this [sunply Dires transporiation), w take imaiinent chances of betng swalloweil fn the contest about to be Inaugurated Lepween 8t. Lonla and Chieigo. 1tat Chicazo fa aslecn, complacently resting npon the Tanrcls guined in the past, and apparently with- ont uny real comprenenaion of tie gravity of the eltuation. Misled by the former apnthy nnd slow- goln canseryatism of St, Louls, Chicszo has made ihe commen but aad mistake of urderestimating the resources, pluck, and colerprira of her rival, Meanwhile 8, Loitle has gained complete ascond- cncy In the Missourl Valley, where formerly Chi- ¢ago onterpriso had sceared at least a equal cons trol; and, nob content with thin imvortant advan- oo fu\nml.. she is to-(l:l‘ Loldly contesting the fleld in tho Northwest, in Nebrarka and Towa, and in portions of those Siates with the acales Incilned to her side. This acems n bold and surprising siatement, but [n reality it is but a feebla expros- ston of the truth, Fncta aro atronger than any rhetorie, and we pre- scut i lelef form aoma of tho resulls of our inves- tivatlon of this wubject, _It Is well known that the three firms of Willlam Youny & Co., C. E, Calver & Co., and Pope & Davls are amony the most prominent grain-recelv- ing honsen 1n Chicago, the buriness of any ono of them annually ageregating handreds of thousand, The members of theso firma ure r resentative men, and full roliance can be placed 1 their statements. Willlam Young & Co. fuform us that one year ago thoy recelved thonsands of bushels of “carn_ from polnts in the Mimourl Valicy, ond that at the present time -t In al- most _all moviug to St Louiw, and that they, In common with othiet Chicogo houses, havs bren compelled practicully to abandon the field, baing unable to compete with 8t Loule biyors. Formerly Tundreds of cars laden with corn'were received by thon nlong tha Misnourd, Kanaue & Toxas Itailway, and the annibal & Ht. Joseoh Jtalway, bt this whole movonient In now diverted to Sty Louls, kurther north, nt Marshalitown, Iu., on tho Centeal Hallway ‘of Towa, ther bail made advauces tu thelr correspondent with which he purchased corn, With the intention of shippine to them at Chicago, but such was the advantages in trasportation to 5t. Louls and prices at that point, that in one Instanco rocently thete correapondont silppod ton_car-loads of thls corn to St. Lo wnying them the usnal commlealon, and mg 0 profit by the transaction ovee what he would have realfzed by shinping fo Chica- o, William Young & Co, had o large amount of corn cribbed at Columbug, Tn., and they recontly wrute to thelr ngent to ship it to 8t. Louis, for the reason that they could thas realize a grester profit than by shippiiie 10 Chicago, On fihe Tted Oak braneli of tho Chicago, Burlingtou & Quiney talls rund they had mado advances and neciired control over 100,000 buxhels of corn, which went to St. Louis for tho same reason. Ono of their firm ro- cently returnud from n trip in lowa snd Nooraska, and states that on the Burilngton, Cedar Raplds & Northiern, which cronses thu Northwestorn, tho itocz Islund, and the Cmicago; Burlington & Quine cy ltoads, largo quantities of geain—wheat, corn, and oata—are moving to Burlington, and the larger part of it thenea to 8t, Loulsand Eaat along the Wabash Hallrond, Mr, Cuiver makes, in substance, tho following statcmont: **Last ‘year our ilen’ recelved from Miunuurd Iitver pointa immenra quantitics of graln, and, for comparlsan, during tho wonts o Ve~ comber, 470, and January, 1877, It nagregatus Bandredn of fhouvand of bushols, This move: ment to Chicago fraw those points hias now almost wholly ceascd, while vast quantitica yave been moving to St Louts, and thenco noulh by tho Mixslasipot itiver or Baet by thy Wabash® Raifrond. To our knowledge, along the line of tha Union Pacliio in _Nobrasks nud in tho. Platta” Vals Jey hundreds of (housands of bushols of graln have been mioviug South awsy from Chleago to St Louis, and Enst by the Wa- bash Haltroad, Pastles to whom we have made advauces frequently us our commisslon and tien slifp to 8t Louis with a proft, We haven numbor of currospondents on the Untan Pacitle, but we now receiva no shipnients from them, On tho lime of thy St, Joscph & Denver City wo have 000 bushels of graln, but it wuls and none of it to Chi- Mr. Daviy, of our firm, ek, and in ono day ho vaw 300 curn of wheat theeo which had been bought aloug €uo 1iuc of the Unlen Pucifie for the Chicago mar- ket, but it was ull diverted wouth to 5t. Lante und the Wabash itne, and he wan informed that 3, 000 cars had gopu ' from Omaba In the wano ai- rectlon, In lows; tho Murlington, Cedar Rap- s & Northern, the Ceutral of Tows, the Des Molnes Valley and the Keokuk & Hes Motnes ara laking larye quantities of grain from all the proie. nent polnts on those roads away from and ucross the lowa poul fines, which rin to Chicago, and cuprying them soutl to St Louds and the Wubash, The movement glong theso linea bne extonded acrosa the biate line into Southern Minnexota, and 18 50w (alsng awdY gram from thy countey props crly trlbutary to Muwaukee," Wo arv also fu. forined that in ono Instunce ot tamburg, Ia., there was graiu_ sutiiclent to tll 700 cars, bought by Chlcagy partion, but divertod from that direction and sunt wouth along the 1ine of the Konsaa City, Bt daseph & Council Bud "Phess statements ure wufiiclently startling, but they urg, huwevee, iaduquate to oxprosd the full furce of 'the movemunt. 'Fho (ruth of the matier i4 auraued up in the Jollowie general utatoments, which are given tpon an suthority of the utmost reliabliity, in which wo place impitelt confidence T Soutnwestern late Awsuclation was com possd of tho Chicago, Durlngton & Quiney, the Chicago, Rocx Ioland & Pacille, snd the Chiearo & Alton, all having theie termind in Chicugo, and the St Louts, Katas City & Northern, and the Missourt Facile, buth tribatary (o 5t. Louls, togetlivr with the tlonnibal & Bt Joseph and tho Kansas City, bt doseph & Council iutle, The feld of thélr operatlon was the Missonrt Kiver polnts and the country wonlh of the hiue funulng Lutween Katse and Nebraska, Formerly the amount of grain fulng | from this | eeklon 1o Chicao * was argely In excess of that going to 8t, Louls, Hut wince Oct 1, for 3 porlod of five mouths, the amuunt of graln carried’ (o Chicago frow this sece tlon upon ol thiee of the Chicago” lues udded 10+ gether ln lews than the umount carelud o 5t. Lonls by elther one of uer lues alonu during any ons nionth of that porivd. 'Tola 18 vetontshing, unt 16 §% tho simple teath, In the Nortnwest tho sliua. tion b oluoat equally celtical. Durug this sowe oriud uf dvu noutie, th staouit of geita carrled rum Omabis and from slong the Hoe of the Union Pacile and from the Platte Valley by tho turve Chicago lines forming the Onaba pool adided to- gelhor Iy thuu the Awount cartiud frum thst Feglou away frow Chicago duriiz the vamo perivd by the Wabash with tha uld of 2 Weatern fordera, “Uhix road has carrled grain from Omabia to Toledo at the eame rates charged by tho puol lines from Omana tu Culeago, Lvory busiuess man in Chicago has & vital inter- estin this mutier, for dimlulencd graln recelpie 11 s one of tho acknowl- mean diminiehed trade, edzed Jaws of tratle that people, 1n larga wessure, buy where they sell. Cate which bring prouuce to warkes cannot well jun buck emply, and this tends (o muke chcaper transportation of guods a Teturn, and oxerts au Luporant lndueuce oo the: coursu of trade, This slivet bu already notlceable, Last year, up to about thy let of Jauusry, 1874, of the firat-cluss froigut comiug froca the ALlautic sea- board to the Misvoufi-tiver polnts sud tho reglon vmbrsced within the ares of thw Boutheru Rate Awsociatlon, about 30 per cen lmm\ througa Chicago, and the propurtls heso fucty sto significat, and have Lubvuc meaniug, and that 12 tue [mwediato and material curunlment of tuo busiuvee uud trade of Clilcugo, Sho Las now fucllitive fur il the business wilch foredy fell o hor fut, sud 1f 1018 bueincss be abridged Lo the tereitory woediately tnibutary o the city, the disastrous edeet s miicioutly obvious. Nor fs the pu-dicatiou uf these adveres facts 10 the world Lo Geeat a price to pay for Sueir kuowludgy sud cow- Pielicusion st howy, St. Louis 1a vsly 1o be commuuded fup ber une wunted activity, which augers so well for ber future, but Cufcaygo, If sbe woald be equal to the Oceagion, Wilst awase frow ber Lethanry, sud witlh # renewed exnibition of bee pristine spiritaud LeTyprise, ¢UIOF kU SESI0US GuTuGH LAY It Lo Dal tle for suprewacy, There whl certatnly bo & # vere and brolouged strugale, for St Louls is L duy exhilutiug & determination and up ardor far bes youd what Lus bliberto deen thougnt buseible, and Cuicaro would do well siob tu lonzer make the wistaky of uudervatuing the resvurves of ber rival. The rallroada centering in Chicazo shonld realize the real gravity “of - the situation and by united, concerted action, wage at least equal warfare with ' the forcen of the rival clty. Theirinterests are Identical with Chicagn, and with her growih and prospority. Tler decadence is inevltably accampnnied by thele deo cline; her growth by thelr pro<perliy. “She b the atrong citadcl of which they are’ the ontposts, aud 1t they permit that chtadel to bo nndermined. the cxplneton will aurely cnealph thom In the foin, Chicago han mch ndvantazes in the Northwest that the Misotirl Valley would aeem to ho *$the dark round ** where tue flercest battles are t, mor In Chicazo there without tm- egle ndvantages, Thongh the dis- . Loils | han o Chicago, the former is farther from New York, and the latter hins the advantage of somewhat chesper water transportation, Vesscls are now loading with corn In her harbor chartered to Hnffalo aL iiis cente per bushel, and the canal cuarges will undonbtedly be at thie lowest point this season, while, owinz to the dsMiculties of civer nasigatlon, the tariff from £t. Louis to New Orleana s 17 cents a hundred. When Cangress shall have performed tne traly national work—looking at It from the brond stand. pointof the teus Intereata of the whole conntry— of improving the navigation of the Misalasipul, this temporary advantage of Chicayo will be lessened; bnt ta-day It exists, snd the opportonity may be improved. Nor are the rallroads alone called npon fo battle for Chicavo; her citizens rhould move in this mat- ter, and at once. In this conflict with St. Lunis, the Chicazo roads are weighted down and ham® pered, and nlmost completely ticd 1p by the rail- road leglalation of Tliniois and Towa, The lnws of trade, if nllowed opportunity for their natural exer- clae, would lend the Chicago roads to nivo rates at competing points which would sccura the basiness, but_**cast fron® lestalation futerfores with the operation of thera natural lawa, aud renders thin & work of cxceeding difficuity, and in some cascs almost an_fmpossibility, The legal right of thin legiwiation 1a- now established, Hut os matter of policy It fa all wroug. Siates may oprohibit extortion. it they deem It necessary, bt et them not violate every princiole of political cconomy by legielating In restraint of trade, Thia {m!lcy 1 producing almost irceparable injnry both to he States and to Chicago. —The resnit of a candid cxamlination of tho harm inflicted by thia Tewin: tion npon Chicago alone, when we constder it fect upon the receipta of grain, on the ono ha and upon the wholesnle-honsee, upon the other, Ia astounding to any mind, Hundreds' of thonsands of dotlara will _not measure tho damages thus inticted upon this city, * Tho point fs reached whera farther Indifference o this subject s fatal. Nothing can at present be accomplished by lmr islation In IMinois, bnt the Tawa Legtslatire is now ln sesslon, and billsara pending for the re- peal of theeo Iniws, with n atrong sontiment exlat- ing in favor of this nction, The Clly of Chicuzo has important Interents Involved 10 the determina- tion of this matter, ana It 18 rizht and proper that hor |nfluence should be excricd at this juncture, when fatlure involves at feast another” year of hampered action and heavy necaniary loss, Every business man who hua catrespondents in Tows, whose intereats nro at all lentiGed with his own, should at once Inpresa this lesson upon themn, and, it possinte, necure their ald in this movenent for tho repeal of theso obnotious lawe, t, Louls Is alert ana powerful, but Chicazo shoulil permit no thougiit of despordency or a ain- o, whlsper f derpair, by rearpn of tie ground emporarily lost in this march stolen upon her, 1t 18 Just ono of those exigencies where supcrior cotirage, and pluck, and faith will decido the day, and a city which {3 the macvel of tho world. alike 111 her creation and presorvation, which line hither. 1o surmounted every giwtaclo and mudo herself tha scat of empire In tho Northweat, whicli Line with- stood overy sliock of panic and distrast, and which haa twice rison (rom her ashes, cach time with re- newed atrengt and beauty, ‘such a city has no knowledge of despondency’ and no conception of deapnir, - Both cliles ure nbundantly endowed in in splrit, and in enterprise, and the watch with deep intorest tho progress of *Luitle of the Titans, THE PENNSYLVANIA. Buectal Dispatch 1o The Trivune, PimirAnELriia, Pa., Feb, 23.—The reported resignation of three Dircctors of the Pennsyl- vanla Ratirond s denfed by the gentlemen themselves, though glven out by an oflicial of the rond. It is expeeted that tho nunual state- ment will bo lald befors the publie on Mouday at latest, or elzht days before the annual mecting. It will show a better condition of affairs than has beeu hoped for, beeguse tha road has not increased its bunded indebtedneess in the least, and the floating debt created by expenditures neceasitated by the enormous destruction of rolling stock In July hus been rapidly diminlshed by the carnings of the road. At no timeo since then has the Gompany beenembarrassed in the least, and it fs reported that about $1,000,000 of that floate ing fndebtedneas has been pald out of tho earn- fngs of the last slx months of the year, so that jt will not now amount to over §1,500,000. ‘The property of tho Company has been sharply marked down to mect shrlnkage in values of o total of suveral mlillions, At the meetlng on Wednesday there was along and eareful examination of the report, and the Board was unanimous in its approval, no divls- fun having oceurred on any point. The ane nual cleetion of Directors does not oceur until three weeks hence, and no changes are fore- shadowed. At any rate, no Dircetors will bo chosen {rom out of the State, the churtor of the vond requiring all Dircctors to bo bona fide residents of Penusylvania, CIIICAGO & SOUTITWESTERN. District-Attorney Bangs yesterdny reccived ordors from the Cummnissloncr of Iuternal Revenne at Washington to make fnqguiries gs to the following matters: 1, Whother the Chlicago, Kock Island & Pacifio Railroad absornad the bonds of the Chicago & Bonthweatern Rallroad, “. As_to whother the Chicave, Rock Isiand & Pacific Railroad 1s not wholly liable for the delin. quent income tax of $:2:2, 000, - 4. A to whether the Clicago & Southwestern Rallroad fs not controlled Ly the Chicago, Rock Ielund & Pacltic Company. ‘This investization 1s ordered for the reason that the Chicago & Southwestorn Rallroad owes the Government §22.000 on account ot Incotne tax, loug slnce past dug. Bvery attempt to col- Ject the amount proved a fatliro, und the Gov- crament had nlmost given u,y the matter, when 1t was discovered that the Clieago, Rock Istand & Pacitie Raflroad had {ndorsed the bonds of the Bouthwestern, Tho Jolut now to be suttled {s whether n thus inforsing the bonds the Rock Island Road became answerabls for the tax thercon, and this Judge Dangs will inquire iuto and report upou. NARROW GAUGH, Bpectal Dispateh o The Tribune. Ixpiaxarouts, Ind, Feb, 23.—The Fort Wayne, Markle & Southwestern Narrow-Gaugo Rallrond ' Company bhas been organized ot Murkle, Huntington County, to build a read from Port Wayne to Terre Haute, via_Indian. apolls, 100 miles, The capital stock Is $990.000, of which about 825,000 I subseribed. W, J Holmau 13 Preside MUEMPIIS & LITTLE ROCK. Meurnw, Teun,, Feb, 23.~Judee Trigg, of the United Btates District Court, to-day, in thy case of the Memphis & Little Rock Rallroad Company agoiust M. M. Buck, to efjoln him from selling tho depot and track of soid Com- pavy lu this eity, held that the Fuderal Court hud no power to onjoin & sale under tho decreo of the Stats Court, consuyuenily the salo ore flurctwv the Buprewe Court of the Btate must o made, CUTTING RATES. Br. Louts, Fcb, 28,—The cutting in Bast- bound rates continues to-day. Prices dropped 80 that four was taken at 80 cents. per barrul from East St. Louts to New York aud at 33 from East 8t. Louls to Boston, TTEMS, Some four years sgu the Illinols Central Rall- road uud an arcangement with the Wabush by which the latter pro-rated with the former ou aligoods from Chicago to local poluts oloug the Wabash Road, Biuce that time tho Wabasu, owiug tu the compoetition with other Chlcago roads, broke the agreement, and exacted are Dbitrary rutea from the Ilinols Central, which lus worked very disastrously with shippers at this point who did busincss with thoss places, they belng wade to pay wuch bigher rates than they wero formerly. ‘The two lHuea havlug re- wstablished lately thelr former fricudly rolas tlons, decided, at 8 meetiog held yestorday, to vro-rato again the busincess to local potuts ou the Wabash, and the rates that were fu forco Aug. 1, 1878, 4were agatn aduvted. This Is o large reduction to those poluts, and will hely the busluess futerests of this city matertally, The Directors of the Chlvago & Alton ves- terday awanded tho contracs jor the erading of cighty-four unles of their new Kanoas City ex- tenslou to the following contractors: J. 8. Woit & Sou, Ottuwa, fa.; Willls, Phelos & Cou Bpriugield, usars 40T, Bl 8t Loils, Mo.; Tiw' Monaghan ' & Co., 8t. Louls, Mo.; Jobn O'Douugll, St. Louts, Mo. § J. Hayea & Cu., Macun, Mo, N. Coruell & Co,, Dwiznt, 1Ly David Ford, Marshall, Mao.; Jumes Reilly & Cu.y 8t Loals, Mo, The elchity-lour il for which the contructs bave been awsrded comprlye about balf of the vew lins from Mez- feu, Mo, to Myrshall. Thu ccutructs for tho otticr half, frow Marsiiall to Kuuvas City, bave not yet been awarded, but will bu as soun a3 the cugineers ure rc:u!y with ibelr part of the work, Work will be commenced as suon 83 thy weuther perinits, Y The liuols Central Rallroad Compsuy bas e following new tarlff to Bone ity ou_merchandiza to the Black Tills, i tana, and Llabo: On all clusses &5 cons e 1w r)uu-ls:lmlv;nuw«:cr in x]-:uu]oml«, G ety per 100 pounda; less than car-luads, 70 centy py, 100 pounds. 5 ! e FINANCIAL. ' PACIFIC MAIL, Epectal Diewateh 1o The Tribune, New Yorg, Feb. 28.—The Worid egry Y Protracted negotiations hetween tha Puciia Mail Steamship Company amd the Panama Transit Company for the purehase of the prop. erty of the latter Company by the former worg concluded Iato yesterdny nficrnoon. The Pa. cllc Mail Company has purchinsed the flect ang uil the rights of the Panama Transit Company, inciuding ita contract with the Panama Ralirod Company, for $1,450,000. Of this sum §1,000,000 18 pald down In bonds of the Panama Railroal Company, which the Pacific Mail Company has borrowed of that vorporation. As securlty for this loan, the Pacific Mail Company has wiy. en tothe Raflrnad Company n bill of sale of fourteen of its best steomshipe. This bill of sale was at oncs registercilat the Custom. Tlouse by Deputy-Coltector Wynkoon, ‘The re. maining §350,000 1s to be pald In monthly fy. stallments of $150.000, the Panama Transt Company holding eimply the notes of the Pa. cltie Mafl Company for the amount. The actoal market vaine of the fleet of ships Is estimatey to be 81,000,000, but ft fs said they arg worth more "to the Pacifie Mall Company beesuse of thelr befng already on ity routes, and well fitted for its business, Othes motives of the purchase are the termination of the rivalry between the tvo companles, and thy opportunity offcred to make a more favorahlg contract with the Panama Raflroud Comuany, ‘The contract madg with the Panuma Rattroad Company under Jay Gould's manngetient of the Pucitie Mail Company wus for an equal dj vislon of the net income from all business done joiutly by the Steamship Com. pany and the Trallroad. DBesides petting tlear of this * disadvantogeous contract, the Pacifle Mail Company alsu obtnins ny extension of time for puying its debt of 3400,60) to the Raliroad Company, and receives hack £1,800,000 of its bonds wiifeh it had pledged ay sectrity for this and other loans, These bunds will be'destroyed na few days, According to_the uew contraet with the Panama Ratlroad Company, the Steamahip and Raliroad Companies aro 10 transact husinees rs from Feb. 1, and the Rail. is to_recelve one-quarter of the net earnines instead of onc-half, us formerly, The trafflc accotnt, ns well as the fnterest upon the bonded loan, is to e settled monthiy. —_— NEW YORK. Apecial Dispalch to The Trivune. New Youk, Feb, 23.—Sixty-seven faflures were reported during February in this city, with agererato Mabilitios of €2,059,038, and assets amounting to 8605631, Thore fsa falling off in numbers and the amount of Habilities ns com. parcd with January, In which there were 127 fallurcs, with linbilities smountimg Lo $7,113,000, Maoy otd aud well-known firms are among the month's list. Tho~largest fallure was that of Adams & Co., lumber, for 500,000, anl the next that of Hayden & Co., brass, for £100,000. {jl!f. pnnlished th INDIANATOLIS, IND. Fpeeial Dispatch o The Trivune, INDIANArOLIS, [nd., Feb. 3.—W. I Morrl- son, President of the Indlana Banklng Come pany, aml Millery of Ashland, O., u parte ner of the same concern, have purchased a cone trolling Interest in the stock of the First Na- tlonal Bank, and to-morrow Mr. Morrison sue- ceeds the Ifon, John C, New as Preshient, This makes hilm the head of two of the larzest finauclal [ustitutions in the State. Ovor 400,00 in cash changed hands by the transfer. Mr. New will go Into business in_New York or \v\“nshlnumu, having brilltant offers from bota places, CEDAR SPPRINGS. X Bpeclat Dispatch to The Tribune, GnAxp Ravins, Mich,, Feb. 23.—Rors Brotliers, merchants, of Cedar Springs, maue an assignment this morning to H. Russell, They had made a contract for fuenfshing mills with a largo stock of logs, but wers unable to carry it out, owing to a lack of suow, Liablll ties nnd nssets not reported. NEW ORLEANS. New OnLeans, Feb, 23.—Tle suspenslon of Joln 1. Adams & Co., wholcsalo crocers, 1s ane nounced. ‘The Habilltics are sald to be about 81,600,000, e ——— S8AN FRANCISCO. Trade Dollars--Nolle Prosequl-Tho Santil- 1an Clalm to Vast Froperty lu the City, 8an Fraxcisco, Fen, 2, ~Accordlng to the Express Company’s reports, 811,000 tradadul- lars were shipped East during February, of which 504,000 went during tho last half of the maonth, ‘The {ndictments sgalnst Manning and Pure glove, condjutors of Blacklock n the Gulf of Californla oyster awindle, were dlsainlusel to- day, tho death of the principal witness for the prosceution rendering convictlon tunossible, The Governor hus pardoncd Jozeph Casey, thy poll-tux forger, "Ltie Esaminer this afternoon says, with refer- ence to reopentue tha Bantillan claim, that the bill should be killed at the “outsct. It isas Iruudulent a cladn as that which Lemantosr ene deavored many years ago to push through by fongery, sunported by perjury, The Alta to- morruw witl publish an articlo bn the subject 8¢ tolluws: "1he Santitlan bl now before Congroas shonld be defeated. We opposo It not becaitso the eltizend of San Francixco would luse anyshing by 1te pas- sngv, bug becauso It 1s unjust and opposed to pao- lle pulicy, Th clahn upon which {t 16 based, eor- wrlng n farge part of the alte of vur civy, wae fariy adjudicated and defeated, not on u tochnlcanty buton its merite. Thu pretended graut w weners ally belloved hero by lawyure who Tookod intw the cado to ba fraudutent, and the wamo opinion vre- valled, when snit was pending, amony onr intels Iizent citizens gonerally, 'Thls opinion, support: ed by the defeat of tho claiut in tho tnited States Huprewma Court, shuuid deprive 1t of sit support 10 Congress. Dt thera I8 an additional oojective to the bill. The personsto bo benetitedure i ol pany of Philadelplilans who bougnt the clait 88 u speculation from puople who wore not in posses- wlo, In the hopo of ousting thousands of peayle who had purchased lots from the town or city be: tween 1840 and 1652, when nothlog was known o such claim, oud when Santiilan, 3 ho ever bsd nt, bad virtually sbandoned 11, and had 8l lo the city authontive and citizens to irestit as pablic property, Tho speculatprs, aftera (3 trial, were defeated, and they desorvo no pitv Hunireds of othor frande defeated {n courts and barred by the stutate of limtatlons deserve mory favor than this one from Congress, We balicye Hantillan was 8 hnfiuh Wo kuow his Philadel- i {un successors In the interest to boe speculutors 18 Il:l;:nunn. aud wu hopa soon 10 bear he lastof thet. THE VICE-PRESIDENT. al Current Toples Under usslon, . Spectul DispaicA §o Ths Tribuns. Pirranune, Pa, Fob, 23.—Vice-Prosident Wheeler, who {a here ou a visit to his cousits Dr, Wheeler, editor of the Christlan Adwult was futerviowed to-day, 1o said he was 0P posed to the Blana Bilver bill, belicving it Wi in the {uterest of Inflation, to which ho was vp poscd. Couceruing the prosecution of mem* bers of the Loutsiana Returning Board, he sl it was & great outrage. Ho was fn favor of reconclling the South, but not at the expenso V! Republicans of that lo! cuwu;: of “the Bouthern leaders showed that Ul & =2 Tils Views on Se! uld slavery spirit still existed swmob: them, and " that the misslon ¢ the Republican party was far from Bnlsbeds ra had Concerutng the report that procecdivze ba beew commenced at Indianapolls to ouwst lb: President, ho suid he did not velisve any prof nent Dewocrat would {dentify Limsclt witl -gll' 2 movement. He was sure that neither " *Filden nor e, Hendricks would sanction it it would upset ail thelr plans for the next I rt:" identlal campalgn, the chief of , which was W couciliate disalTected HcKul!Hnnd, soausto “;;‘lr the clection of a Boutheru Democrut poasttts Nr, Wheeler {8 atill sulleriug fueusely {roos ueuralgla, Ho expects to reburn 1o Waslivgt! ubuut Saturda e ———— ABATE, To the Editor o7 The Trivuns. ; Cuicago, Feb, 2. —~Your editorisl In l'uday‘ - TuisUsk 00 the “stink * guestion 18 mhih“ the polut. Do the peopleol Chicago know 1 there 13 3 law dn relation to nulwnces! s 1aw uot ouly dves us the privilege but _Il[“_;u it our duty, to abate o nulsuuce. Al l'lll:t o b uo questiou that Illflb:lll‘llk st ik 3 uu&um..x, let the law b vbeyed & e