Chicago Daily Tribune Newspaper, March 12, 1878, Page 4

' K b i i The Tribware, TERMS OF SUBSCRIPTION. BF MAIL—TR ADVANCE—POSTAGE REPAID, Dally Fdition, one yesr., 12, garisof a year. per mon| day Kdition: Epectmen copies sent iree. Givel'ost-Gtico address 1o fall Includiog Stateasd Lonnty, Kemittances maybe mado either by draft, express, Toat-Ofice order, or {n regtstered letters, ot our rlak TERMS TO CITY SURSCRIDERS, Datly, delivered, Snnday excepted, 25 bents per week. L.atly, eclivered, bunday included, 20 conte per week. Aduress. THE TRIBUNE COMPANT, Corner Madiron and Dearborn-ts.. Chieago. il Orders for the deliveryof Tne Trinuxe at Evanston, Engiawoud, and Hyde Parkieft ln tho countlog-room Wilizecelve bromut attention. TRIBUNE BR. The CRICAGO TRINTXE has eatablished branch ofiices for the recelpt of subscrivtionsand advertisements a3 followa: NEW YORR—Noow 20 Tridune Buliding. ¥, T. Ma: Fanpex, Manager, PARIS, Franco—No, 16 Tine de Ia Gzange-Batellere. S MANLER, A LONDON, Ei Hexny F. GeL BAN FRA] American Exchaoge, 440 Strand. Sommmmeie— AMUSEMENTS, L MeVicker's Theatree tween Dearborn snd State. **The Two Orphant Jiaoley’s Thentre. Randolph strect, Dbetween Clark and LaSalle. Engsgement of Miea Fanny Daveaport. **Plque, Now Chicago Theatre. Clark strect. opposlte Sherman House. Engage: ‘ment of Haverls's Minstrels, Haverly’s Theatres = Monroe street, corner of Dearborn, **Uncle Tom's Tablu." Colisenm Novolty Thentre. Cintk strect, opposite Court-House. Variety overe formance, McCormick Iall. North Clark street, corner uf Kinzle. Great Reading ‘Touruameut. SUCLETY MELTINGS. MASONIC LECTURES,~The veteran and dlstin gulshied craftman, Tir, Cornellus Moore, wilt lectura nt Orfental Nl 133 LUSAII0T, 88 T0ll 1. Byme holtars, ua sefatlori to Art, iasoiiey, und Siorale, 1uce- ing, (s, Uhis Incldes bath fect wyo Loea highly prised, Susous. Houth Clar 'TUESDAY, MARCH 12, 1878, Greenbacks yesterdsy at the New York Btock Exclinngo closed ot 094, after selling ctill higuer. A cablo dispateh says that tho visit of tho QGrand Duke to the Sultan bLas been post- poned. Evidently tho brother of the Ozar is opposcd to fho noblo principle of nssassi- nation, Austria is not going to bo behind England inwar preparations. 'The dologations will be asked for 60,000,000 floriny, This sum {4 cxaetly cqual to tho £6,000,000 vated ,by Parliament. Each is equivalont to 30,000, 000. . ] Mr. IIewirr baving sttacked the Presi- dent's Civil-Service policy in a sot specch de- livered yestorday in connection with the de- bato on the Diplomatic Appropriation bill, it is #aid that Evokse Haux, of ‘Malue, will ro- ply in defenso of the Administration, A woman-sullrnge rosolution was lost in tho Lower Ilouso of the Iowa Logislature yesterday by o vote of 49 nays to 29 yoas, The sama body voted 74 to 4 to strike out tho word ‘*‘white” in tho constitutioonl qualification of members of tho General As. sembly. ‘Tho description by cable of the Hydo Park peace-mecting Sunday is liko o picture out,of thelast contury, ** Brapraven was cudgoled, oud fled in o cab,” says tho brief narrative. And then thoe stern burghers of the ancient Capital shouldered their pike-staves and ro- tired to their castles in Whitechapel and the Now Cut. Not more than a dozen members of the Flouso wero presont at last evening’s acssion, but to this small nudieuco soveral orators worked off speeches which will be printod and sent through the mails to admiring con. stituents just oy though they had not been delivered to cmpty benches, Senator Conunika has views concerning tho North Pole which Lo will shortly unfold in a speech on tho resolution for the encour. ngement of the Jlerald-Bravrex expedition. It wns beenuse of being so deeply engrossed in tho contcmplation of this subject that he wag unablo to give any attontion to thosilver question. i The peoplo of Kaskaskia, Randolph Coun- ty, D)L, giva it out that thero is to be n big celebration thero July 4, that date belng a centennial anniversary of much interest to them and to the wholo State, If thero be ouy such thivg as o 4th of July worm, this englo is certainly flopping sround early wuough to get it. The **Eveners’ Iling,” tho existence and fopocity of which bave been frequently cdvorted to in theso columus, recoived a thorough showing up yesterday before tho Houso Consmiltteo on Agriculture. It ia rep- resented that a elose corporation controla the transportation of the entire live-stock prod. uct of the West, and is abla to levy an snuual tax upon producers amounting to ahout §1,600,000, full forco. After bLreaking up the poace- meeting in Hyde Park, the crowd grosned before GrapstoNe's houso, attacked the ex- Premicr himself when going with bis wife to church, then went off and checred Disnazes, and finally wound up the matinee by pitch- ing iuto the inoffensive little Duke of Ticx, under the impression that he was the Rus. sisn Ambasandor, Life in the Dritish Copi. tal is assuming o breezy oud exhilorating as- pect. Every year the Legislature of Wisconsin is sorely puzzled with the question whether insanity should or shiould not be o sufticient cause for divorco. The prescnt scasion Lag not escaped the chronio sgitation of *the samo subject continued,” as the story-writers would gay, but we are bappy to snnounce that the bill which proposed to sunder marital bonds for so slight o reason ss the continued fosanity of cither party for eight years bas been indefinitely postponced, and consequently all Badgerdow is safe. Sheriff Kysx is forced to coutemplate o sorious falling-off in the profits of his office, ou account of the reduction by the County THI: CHICAGO TRIBUN Bonrd of the fae for dieting prisonors in the Connty Jail from thirty-five to twenty-five cents per day. Thero is not tho slightest danger that tho murderers and barglars who aro boarded at the expense of the taxpayers will suffer on nccount of tho reduction. Twenty-five conta por day is enough to feed them more sumptuously than the majority of workingmen are able to fare, and still leavo handsome margin for tho Sheriff, e Tho Senate hna adopted a resolution call- ing ufon the President for copies of corro- spondenco bolween the United States and Groat Britain relative to the appointmont of third Commission to nrbitrate in the mat- ter of the fishery nward, and from tho vige sorous spoech of Mr. Bratng yesterday it is ovident that the mannor in which the cards wero ' put up " by England in tho sclection of Drrrosse as Commissioner will be thor- onglly ventilated. When the award comes beforo Congress in tha form of au appro- printion for its payment thera is likaly to be o decided difforenco of opinion as to the part which tho national bonor should play. P —— A fow wooka ngo ncitizon of Dittsfleld, Pike County, Ill., was sssaulted, robbed, drug- ged, and left for dend by Lwo men, ona of whom the citizen, afterword recovering, identifiod as tho man who had drugged him, This man was therenpon put in jail ot Pittefleld. Yestorday the same citizon who lad beon set upon was, again ottacked, and this time wns left dead. Tho indignation of tbe peoplo has taken the form of o desiro to visit tha enpitnl-penalty vicarionsly upon the jail-bird in hand, and tho (overnor of Illinois hns called out tho military of that region to provent tho pro- ceduro usual in the court of Judge Lncm,— the only tribunal before which knaves nowa- days tremble. 3 Tho English Government and press, nl- though acknowledging England's willingness to take part in the proposed Congross, aro yet apprehonsive that British influence is not to havo its due weight at the meeting. Tho London Zimes aund also Lord Deapr in Parlinment havo announced that the Congress must bo “privileged to pms upon all tho terms of zhe preliminary troaty betwesn the recont bollig- erents, failing in which they declare tat any attempt at settloment by tho Powors will bo but nn ompty farce.* Tho Zimea is especially displensed with Kussin'a protonsions, and protests against tho dictatorship which ft claims hos nlready boon cstablished over Tarkish territory, - It is not often that a valuable donation of money, or ita equivalent in real property, is rejectod by impccunious individuals or Btates, and tho gencrous donor kicked for his pnins, but tho proposal of ox-Gov. ‘Wasunurw, of Madison, to givo the Staten very valuablo country soat noar Madison, had o look for awlilo as if Mr. Wasmnony was repoating the folly of **casting poarls bofora swine,” The gift waa brought to tho attontion of the Leglslature carly in tho prosent sossion by Gov. Sarrm, but was looked npon with disfavor Ly a majority of tho Benate Committeo to whom (he matter was referved. Last week, howaver, the mat. terwas brought up, and the resolution ac- cepting it was paased by o closo vote, Tho object of tho grant is to catablish an Indns- trial School for Girls, and the object of some of the small politiciana is not to nllow Gov. Wasnouzy to do o humane and praiseworthy daed. The city ordinance uuder which numerous prosecutions Love occwrred for the salo of liquor to minors is doclared by Judge Mc. AvuistEn to bo illegal aud of no effeot, « Ho Liolds that in framing and passing the ordi. uanco the Common Council oxceoded tho power conforred by tho Chartor, in requiring tho presence, instend of tho cousont, of the pareuts or guardians of minory, and that the ordinanco also contravencs tho State law by requiring presence instoad of consent. Tt would seem from Judge MoArnwstza's de- cislon that prosccution for tho salo of liquor to minors can yot bo brought undor the State 1aw, though the shorter apd more direct pro- cadure under o city ordinanco is far moro effective in dealing with the ovil, Tho sen- timont of the community is so strongly in ' favoy of supprussing tho sale of liquor to mindrs, tha' tho Common Council will doubt. loss be urged to pass at ouco an ordinance that will stand tho test of o roview by Judge MoArusren, * THE WAR CLATMS. ‘The cloud of war.clalms looming up in tho Ifouso of Ropresontatives, at flrat no bigger than s man's hand, now throatony to overspread tho wholo flnancial sky. Every avenuo loading to the Publio Treasury having Laon thrown wide open, an army of claim. ngents from tho East, tho West, tho North, but mainly from the Bouth, aro crowding forwaed, greodily and forociously, awalting the first favornblo legislation to got their hands into it aud mako, o grab. ‘Lhero are now pending in tho Quartermoster-Goneral's officc 12,000 clalmy; in tho Commlssary- General's ofiico, 1,000; bofora the Con- gressional Comunittees, 2,000 in tho South- orn Claims Commiaslon, 8,000; busides 2,000 yot to bo flled in the Quartermaster-Gonoral's ofllco under recent legislation, making a total of 25,000 clains, calling for n grab of soversl millions whon tho Democratic party comes into full possceslon of the Government, and when it doos it will go to tho front with o Houthern yoll od tho question of these clahins, These claima cover o ntroteh of timo from the Ravolutionary ‘War ta the close of the Itebollion, and they reprosent evary possible form of demand. Tho great uafority como from the Bouth, where every Boutfern patriot whoso mule strayed off during tho War, or who lost a side of bacon, wants to bo concilisted with an sppropria. tion, and {8 wiliiug to bave his patriotism placed beyond all question upon a fair cash Lasis, ‘The 25,000 clalms cited abovo repros sent those adtually pendiug, but do uot begin to ropresent tho multitude Lehind, which will soon be pouring into Washington, when tho legislation mow contewplated by the Bouthern Lrigadiers Is perfoctod, “Fhio closo of the Rebellion'was fixed by the Jouxson proctamation, Aug, 20, 1866, Whon the SliLes bill, datiug back the close to June 80, 1853, oud thoe Suoeuiey bill, abolishiug the Bouthern Claims Commission and trons. forriug ol its business to iho Court of Clalms, whero po question of the loyalty of the claimant is raised, are passed, 1t will bo an ofilcial declaration that there wero no Rcbela ofter the latter date, and will thus give the claim.grabbery an additiona! leoway of fourtcen months, ‘The number of Southern patriots aud Drig- odiers who suffered losses duriug thess cxtra fourtcen months will 'be legion. They will sweop from the South toward Waskivgton like clouds of grasshioppers over a Western prairic, and scttle down upon the Treasury eud utterly dovour ity substauce. ‘Tho .will save tho iuterost on : 000,000. What thoy will amonnt fo when the conspiracy of tha Southern Brigadiors is fully doveloped, no man can tell, Theso claims may be divided into three classes: First, thosa growing out of the War of the Rebellion ; second, those of the Mexican War and that of 1812; and third, those of Revolutionary times. Tho South. ern claims constitate the largs majority, and 90 per cont of them aro fraudulent, and the demand i8 an insult to overy person who was loyal to the during the War. The general charnc- tor of theso Bouthorn claims is aptly {llustrated by the bold attempt made by the ropresontatives of the Sonthern mail-con- tractors to rob the Trensury of 300,000 on ncconnts unadjusted nt the outbrenk of tho Rebellion, after they had already been paid £800,000 by the Confederacy to secure thom, nswas shown by referenco to tho Rebel archives in posscesion of tho Government, Tho wisdom of tho purchaso of these records is now shown. They cost 875,000, and have nlready saved four times their oxponse in showing the fraudulent oharnotor of one claim, Perhaps if they aro carofully oxam- fned thoy may defeat more of these Southe orn stenls. ‘The second clasa of claims pro- poses to take $9,000,000 out of the Trensury to pay the vetorans of the frolic in Moxico, nine-tonths of whom aro now well off and not in nood of money. Thp third classis small in nnmber, The bill recently intro- duced by Mr, Stepnexs is a fair illnstration of this class. It proposes to pay o lady with tho remarkable name of Josxrmine Surrenynsxt Janoskr $100,- 000, because sho is tho only living descond. dant of Count Puraski who foll at Savannah o contury 8go, and because the Governmont failed to pay tho customary pension to his survivors, Tho first class of claims should Do rosisted upon sccount of frand and igpu- donce. ‘Tho second should be thrown out as o useless ‘wasto of money, whoro sufficient servico was not performad. 'The third should bo met by the passage of a statute of limita. tions which should summarily squelch a de- mand not made until o hundrod yenrs after it is due. Lumpiogall these claims, it s within bounds to say that nine.tenths of them are fraudulent and impudent, inapired by olaim.agonts and lobbyists, who, seeing that the Mexican claim business is fourish- ing, and that conoilintion at any ex. penso is tho order of tho day, ex- pect to carry their olaims through with a rush and o Lalloo, If tho people of tho North consent to tho paymont of theso audacious demands without o protost, it ia only n question of time how scon they will e called upon to pay tho whole Rebel debt, including the cotton tax and the cost of the cmancipated slaves, This may scom wild to our roaders, but it wonld Lavo scemed equal- ly wild to them it they had been told in 1868 that in 1878 over 100,000,000 would have boen demanded by the South for pretended damoges, with a fair prospect of payment, 1f this fs the price tho North must poy for roconcilintion with tho South, then let it bo accompanied by legislation affirming that thero was no Rebollion at all, and that the North entered into an unholy, malicious, and unprovoked crusade against the South for the purpose of plunder and spoil, ABOLITION OF NATIONAL-BANK KNOTES, ‘We gave a statemont o fow days ago of Dbill pending in the Houso of Reprosontatives having for its purposo the ropeal of so much of tho Banking law 08 puthorizea tho issuo of notes to tho National Banks for eircala: tion s money. Tho bill provides for the issue of §325,000,000 of Troasury notes sim- ilar in general sppearanco to tho groenbacks, but not legal-tonder; these Treasury notes aro to be substituted by the Tressury for bank notes, and the bank notes aro to bo re- deemed by tho banks with greonbacks. The amount of Trensury notes to bo issued is to ba equal to that of tho bank notcs outstand- ing. With the greonbacks rocoived by tho "Pronsury in rodemption of tho bank notes the Troasury s to purchase outstanding 6 and b per cent bonds. ‘Tho Tronsury notes aro to have the samo legal-tendor character ns the bank notes now have, and be recelvable in payment of debta due to the Government, nod payable for debts'dua by the Govern. ment, Wo cxplained that theso Tyeasury notes could bo oxchanged nt any timo at the Trensury for greenbacks, and that the $50,- 000,000 of greonbacks authorized by law over tho amonnt now in ciroulation would bo held as o redemption fund to rodeem the Treasury mnotes. Practically, the wholo amouat of greenbacks aud Trossury notes would bo just tho samo a3 that of tho pres. cnt greenbaocks and bank notes; the chauge would not, therefore, produce oither infla. tion or contraction of tho currency. 'The bill is inspired donbtless by tho wide-sprend and deep-seated popular feoling against the National Banks, who, it Is supposed, mako immense profits from the issue of bank notes. It is claimed for tho bill that the Trens. ury notes, being redoomablo in greenbacks, arons & curroncy just es valuable to the public as aro the bank notes, snd, being re- celvablo by law in overy caso where a bank note is recoivable, there will bo no possible difference made by substituting tho ono form of paper for tho other, Tho UGovernmont will lose the 83,000,000 of taxes it now col. lccts on Lank circulation, but, it is clafmod, 20,000,000 of bonds purchased with the grooubncks re. coived from the banks in redamption of their notea, Thissaving 18 put dgwn at about $17,000,000 a year. It isnow, we arein. formed, undor consideration by the Banking and Currency Committso to so provide in tho bill that any bank may voluntarily sur- -ronder its olroulation, ‘and in that case such bank shall bo released from the national taxes on its capitul stock and deposits 08 well as on ite circulation, It is olleged on tho ono hand that the banks- mnke cxcensiva profits ou their circalation aud on the bonds de- posited by thons a3 sccurity, T withdrawal from tho banks of thelr circulation will necossarily causo thom to part with their bouds, and, having noither bonds nor notacir- culation, tho taxes levied thercon should ceaso with them. It is possiblo—if it bo true, v stated by the bauks, that the circulation is not a source of proft—that tho bauks them. sclves will gladly survender an unprofitalle note circulation if they can thoreby be re- lcased from the heavy nationsl taxes which oro 80 oppressive on tho institutions. The banks now pay a tax to this Natioual Govern- ment on circulation, deposits, and atock, of about $7,000,000 a year, If theso taxes bo ropealed, ond the bauk notes abolishod, and thv bouds sold, then the banks, using the greenbacks, ‘Ureasury notos, and coin 1u their business, and not being compelled to lock up any portion of their means in resorves, will save $7,000,000 8 yeur now paid for uational taxcs. The Gov- claims alrendy ponding, not taking the cot- ton tax into acconnt, amount to over $100,- Government TUESDAY, A MARCH 12, 1878, recoived from the banks in redomption of their currency, would save tho iuterast there. on, or nbont $17,000,000 a yenv. premisos boingundisputed, it will be difffienlt to bring abont. Tho not saving of £10,- 000,000 » year by tho Government would of purchnse of tho national debt, ‘Wo do not know what the chances of this bill may be, excopt that in tho presont tom- per of the poople wo have no doubt it will meet a very hoarty vopular approval, The nction of the National DBanks gonorally during the controveray on the Bilvor bill has largoly intensified the antagonism of tho country agninst thom. If the banks can not successfully stem the lorront that threatens their wholesnle nbolition, it may be that the schome to tako from them their oircnlation and redace them to more banks of deposit, but which at tho same time ro- lonsos them from their prosont onorous Fod- ernl taxation, will bo about as wisoa moasure as tho banka ean hope for. srn——— M'GARRAHAN REDIVIVUS, Abont the ouly servico Yuat Ononrrnnna and McGannaman bave done the Btato is to furnish odditional ovidonce of the truth of tho two mnxims that history reponts itsolf, and that claims ogalnst the Government nover die. The American peoplo have had £0 many proofs of both these facta that theso gontlemen and their experiences conld well bave beon spared. But MoGannamay bhas tarned up sgain, a8 determined and porsiat- ont aa over, though his claim dates back full thirty yoars, and an ordinary physique wonld have long sinco succumbed to tho rough handling ho hns had. What MoGan- rAmAN wonts, and has wantod nll along, isn title to somoland in Lower California which includes o valuablo quicksilver mino. H¢ claima that hd received his patent originaily from the Moxican Government as far back a8 1848, but that the papers wore destroyed during tho occupation of BMexican territory by tho, United Btates army., He thon secured a rocognition of his rights by tho United States Governmont after going through tho hands of the Land Commission- ors, tho United States Courts of Californis, nnd the Supromo Caurt of tha United States, But somo yeara later, in 1862, the SBupreme Conrt roversed tho former decision, and Mo- Gannanan was ngain in trouble. But Mo GannAmaN contonds that Oarep Ssurw, then Land Commissioner, hold that the District Court decision wns final, and directed a patent to Lo fssued to McGannaman, and that Usncn, then Bocrotary of tho Interior, confirmed this decision. Tho patont which McGarnaman holds purports to bo signed by Apzamaxt Lixconw, President, and conn. torsigned by W, O. 8ropparp, who was then Becrotary for signing patenta. The coso now comes bofors the publio through an jnvestigation made by the Com- mitteo of the Unitod States Benate. 'Tho ov- idenco is furnished by tho New Idrin Com- pany, which contests tho ownership of the quicksilver mino, and consista mainly of let- tors written by BlcGannaman himsolf, ex- tonding over a period of about twenty years, toono Frep Frank, who waa the Sacrotary of the**Panocho Graud Quicksilver Mining Com. pany,” o corporation organized by McGan- namaN to sustain his claim, Theso letters and the books of the Company are sald to roveal tho fact that AloGARRANAN succoss. fully intrigued to control the appointment of United Btates Judges and District-Attorneys in his own intorest, and that he Lribed Con- grosamen, Oabinot officers, and others high in suthority with stock in sdd Company, 1much after the mauner in which Oaxes Asrzs placed Crodit-Mobilier stock *‘whero it would do most good.” Tho names of theso Con- grossmon and public officials have been given 1 tho nows columus, but wo shnll not ropeat them until somo further and moro authentio account of tho investigation shall bo made publie. It appoars also that SToppann, ono of Lincony's Beorotnries, was using his post- tion and tho early information ho ncquired through it to speculato in conneotion with a ‘Whall stroot broker; and thero is evidence to tho effeot that the patent bearing Lincorn's namo is o forgery, though McGanmaman maintains that ho can provo it to be gonuine. This ia the caso na mado out ngainst Mo- GanrAmAN by tho porsons intorested in tho New Idrin Company., But McGannaman comos up amiling, and, whilo ho admits the authenticity of his correspondence with Frang, says that tho lotters have beon gar- bled and their acnse pervortod in the publi. cation thoreof, and donios tho correctness of the list of Congressmon and officials said to havo boon stockliolders in tho *¢ Panoche Grond Quicksilver Mining Company.” o inferontially admits that ho usod stock to help nlong his operations, but claims that tho New Idria poople woro ot tho same time distributing monoy froely, which gave them n dectded advantage over him, inusmuch as cash {s gonerally mora available materlal for Lribing purposcs than stock which Lios an un- detormined value, MlcGarnauay,of course, will have an opportunity to talk back, but Lis ambition seems to bo morcly to innke the other party as black a4 they hinve made him, In fact, it is nnother Government scandsl, ombracing, ns all these seandals do, polie ticrans of both parties, and leaving another stain upon the political history of the coun- try, ‘Tho ouly hope is that all theso seau. dals will be exbausted, aud that all the men corruptly implicated will bo oxposed, as o warning to public men that a betrayal of trust is sure to be dlscovered sconer or later. HOW THE BILVER BILL PRODUCES RUIN "fho country absolutoly rofuses to sink Into gencral ruin, notwithstanding the Silvor bill bas been nearly two wooks a law, The gold that was in the country beforo the pas- soge of the bill hos uot ouly remained hero, but hos received additions, and this notwith. standing all Lurope, horror-stricken with the Lad faith and dishouosty of the United Btatey in remonctizing silvor, Lias beon send- 10g home Awerican bouds to be sold; snd, votwitbstanding theso jmmenso sales of bonds thrown by disgusted Lolders on the market, the prico of tho bouds has rison aud the pricoof gold hos fallen. Green. backs whick, under tho Resumption law, arv to bo redeomed in silver, are now worth over 99 conts ou tho dollar in gold. The ruin of the couulry is rotardoed if not provonted by another circumstance. Tho fiscal yoar of tho United Blates Logins July 1. During tho seven months ouding Jau, 31, 1878, there wero exported of domestio products of tho United States to the value of $118,836,881. - I'ho values of ths imports and exports in thoso months comparo us fol. lows: - Merebandly s.w’mflim'xs san..fl’m rebandlso 230, 485, 5 50 Boecie NB2,600 14742520 ‘Total. 1$273,814,811 fia.m.su It will be seen that for the first sevun months of the year tho excess of our sales bonds with tho §320,000,000 of groonbacks A clearer enso of mutual benefit and advantago, all the itselt make n haudsomo sinking fund for the ernment, on the other hand, purchasing ! over onr purchnses amounts to $140,5622,- 070. That reprosonta tho oquivalont of so much gold placed to our credit in Europo during thoro seven months. During the month of Febrnary tho exccss of imports was nenrly 815,000,000, making for tho cight months about 155,000,000, During tho twelvo months onding June, 1877, tho excess of our exports over imports amounted to £163,000,000. For 1876 thore was nlso & large surplus. It is poseible that tho total surplus for the year ending June 00, 1878, may reach $175,000,000. This balanco is available for any purposo for which wo may have to send gold to Earope. AMr, Davip A. Wrerts, in tho International Reriew for March, spoaking of tho surplus of $163,000,- 000 in 1876-'77, states that thoro aro but four objects for which such a balanco could have been nsed in that yoar: (1) For tho paymont of interost, $60,000,000 to §70,000,000; (2) for froights paid to foreign vossels, $35,000,000 ; (8) for oxpenditures for Americans in foroign countrics, $30,000,000; (4) for rotumn of bonds and payments of foreign indobted. necss, $15,000,000 to $20,000,000, 'These estimatos aro rathor oxtravagant. The samo writer estimatos that tho amount of the ha- tionnl bonda now held in Earopo is from 423 to 450 millions, The allowance of 870,000, 000 n year for interest must nllow and in. clude $40,000,000 for interest on railrond and loenl indobtedness, in addition to the intercst on the national bonds. Prior to 1870 wo remitted to Europe in payment of tho bolanco adverso to this cogntry an equal sum of bonds pnd other forms of debt. It ia probable that during the last three years theso bonds and dobts have boon sent back to this country to o much larger oxtont than is stated by 3r, Wsrrs., At all ovents, tho balance is o fact, and, no matter how applied, rednces our dobt and the interost paymenta nbrond, Tho Now York Tridune insista that open gales of bonds in New York average §5,000,- 000 n week, while other salos swell the ag- grogate to 310,000,000 a week. Feeling that the country ought to be miscrable, and un. happy, and frightoncd, becauso of the Silver bill, tho T'ridune naserts that $10,000,000 o weok is moro than tho present not oarnings of the country, and that **{f sales of bonds ot this rato continue they will not only ab- sorb nll tha savings of tho country, but drain nway ita capital very rapidly. The business of tho country cannot stand such a drain,” Notwithstanding this * drain on tho sav- ings and capital ut tho rato of ton million of dollars n weck, the value of tho Londs rises with the number offerod for sale, and tho prico of gold, whiock, according to that papor, ought to bo on 1ts way out of the dis- honored, silver-oursod country, has fallen, and gold'itself is ncoumulating, and yestor- day sold for loss than 101 in greenbncks. That is the way tho country has been ruined by tho Bilver bill! THE HALIFAX FISHERIES AWARD, Ex-Socrotary Fism, in an interview with a roportor, told how a Bolgian came fo bo appointed umpire of the Fisheries Commis. sion nt Halifax, ‘Tho unfairness of selecting o native of Delgium for this position was admitted by tho ropresontatives of tho Brit- ish Government, Tho Marquis of Rrrox, tho British Commissfoner, said in conversa- tion with a member of tho American Gov- ernment: * Wo don't. want to suggost Mr. Drryosss, for wo supposo you will ralso against him the objection thot ho represents a Government supposed to bo under the Dritish inflaence.” In spite of this warning, the British Governmont afterwards did pross tho appointmont of Derrosse, and Mr, Fiam, in a fit of foolish maguanimity, consented to it. ‘Tho price of his blunder was the $6,5600,000 award. Mo now expresses amazo. mont ot tho result, but it is difficult to understand how ho conld bave looked for any other. o might as well have nomod Lord Durrenin or any othor British subjeoct 05 tho umpire. Indoed, the appointment of o Bolgian was worse than that of an English. man would havo been. A plain advantage in numbers might have compelled a just vor. dict from n sonse of docency and fairness, whorens o protense of impartiality wasan oxcollont cover for oxtortion, Excopt in name, tho Belgian umpire was an English. man, Belgium exists ns an independoent nation under the guaranteo of Grent Dritain, Gratltude, sympathy, and solf-intercst bind the two countries togothor., A fow considorations will suflice to show that tho nward woa grossly unjust. It s supposed to roprosont only the valuo of the mackerel caught by United States fisharmen in Oonadian waters during twelve years Evidenca producod beforo the Commission, and admitted by both sides, establishoed the fact that cod and halibut are caught without tho throo-mile limit, and are not subject to tho torma of the treaty. Tho whole mack. erol catch brought Into our ports by United Btates vessels and sold in our markets hos not avernged more than $75,000 per annum for tho last six years, Dut the Commission estimated the valuo of this catch for twelve years at $5,600,000, The Unltod Btates are consequently called upon to pay $458,033 por annum for the privilego of catching $76,000 worth of fish. There is another point. Our Government has, by tho torms of tho Treaty of Washington, given to Can- nda tho privilege of souding fish and flah-oils into the United Btates duty.free, the conces- sion baing; distinctly mado as componsation for the bencflts cnjuyed by Ameri- can flabhormen in Caonadian waters, Tho loss to our revenuo in consequence of this romission of dutios was $181,778 in 1873; $170,380 in 1874; $165,07¢ in 18755 and 81563,07G in 187G, ‘Tlo uet loss to the ‘Unitod States, over aud nbove tho total value of tho mackerel caught,—not tho profits of the cateh, it will bo observed,~was about $100,000 per annum; and the valuo of the catch was constantly decroasing, while the loss of revonue slowed no consldorablo sbatoment after 1875, Thd"award being thus unfalr, and obtained only through the faveritism of the Delgian umpire; it Lecomos o serious question whother tho United States Government can honorably avoid the payment of it, The treaty does not provide for a verdict by a wajority, and itis held that the dissent of tho Amorican member of the Commission invalidates its decislon. The article of the Tedaty of Washington providing for the Genova award expressly stipulated that o mejority of the Commission should rule. The failuro to make a similar provision with rofercnco to the Halifax award indicates that |- it was not intended to give the same power to & majority in this instanze. Some oppo- nents of this view have argued: Ifitwens not intended tbot s majority should rule, wby refer the matter to o Board of Arbitration composed of an odd pumber? It msy be asked with as great force, Why have an American momber of the Commission st oll if bis voto was not to be counted? Why not refer the dispute joan umpire alone? Thore are several procedents for the rule requiring a unanimous award, and the romarkablo absence of thestipulation in the articlo of tho trenty providing for this Commission, while throo other articlos of tho same trenty contained it, is sufficient avidenco that o majority vordict was not con- templated, This Is ospecially likely to bo true, sinco the whole object cf tho treaty g to promote good fecling between the two countrics. Tho resolution offcred by Mr. Bramne, cnlling for the correspondence rolating to tho nward, wns adopted by the Bonato yosterday, This naction indigates a disposition to overhaul tho facts and ascer- taln by what menns tho verdict wos ob- tained. If tho Governmont goes back of tho vordiat, it may be disposod to set it asido nltogether. Mr, Brame exprossed his own dosire that somo such result should be reached, claiming thut the award was oxcossivo nnd obtained by unfalr menns, sod that it onght not to bo paid. We agroe with him ja this position for the rensons given sbove. The mora the award {a cxamined the more unjust it appears, At tho most, it only soltles tho dispute for twelvo yenrs, half of which period has alrendy expired. The prec. cdent catablished by tho payment of it would lay tho basis for a similar demaud overy ten yeara, It would bo cheaper to annox Canada atbnce, and thus éscape the drain upon the Treasury of tho United Btates which the statesmen of that country seom to contemplato. NEW HAMPSHIRE'S ELECTION TO-DAY. . To-day New [Hampshire elects a Governor ond Rallroad Commissioner, and members of the Council, Henate, and Assembly., The fol- lowing are the nominations *for State officers made by the four political pariles that propose to contest the clectlon: Jtepublican, Democratic, Qov.. Bexs, I, Prescorr, Fraxk A, McKeax. R, K.Com. Davin B, WitLann, Hanter B. Fowean. Frohidition, Greenback, Asa S, KexpanL, Sawcer Fraxr, vanneN G, Briow, Navitaxien Wiaaw, The Republicans, at thelr Btate Conventlon, reaflirmed the Cincinnat! platform condemned the nttempts of tho Democratic Houdo to destroy tho Resumption act; disapproved nnd denounced the movement to remonctizo silver, aud called for a voto should n Silver bill pass; opposed subsidies and land grants; approved without qualification tho Admlinistration be- cause of its unchallenzed purity, cconomy, and cfficiency, and its financlal mncasures; and con- demned as factlous and mischiovous all cfforts to reopen the Prestdential coutroversy, or to question tho Presiacnt’s title, On the question of Mr. Ilaves! polley, the cxpression of the Convention was as fullowa: Wa recognize the paramount daty of Presldent HavEs to rendor tiese bigh nid solcmn profussions (of the Cincinnatl platform) actual ‘and living realitios; and while wo admlt on honest alfferencs of oplnion in respect to bis past acts, wu welcome and approve his patriotlc and sincero cfforts to kcop fulth with tho poople, ond accure to the whble country tho blosstngs of o Just, eficient, and honest Kepudllean National Administration. At the mecting of the State Comtnlittec on tho eve of the Conventlon, Senator PATTERSON indorscd the President, though he doubted the navisabllity of _bringing ths matter Into the Conventlun, Mr, CuaNDLER attacked tho Pres- Qo piN Jdent's poliev bitterly, and waa called *'a polit- lcal tramp " by ex-Naval Officer Tuck, and Gnally Mr, CHANDLER was equelched, his reso- lution declaring ft “right and expedient at this time frankly to declaro disapproval of the utter- ances and ncts of the Adminiatration ot Fresf- deut Hayzs* in the matters of the South Caro- lina and Loulstana Uovernments, Southeru appolntments, cte., belng disapproved by a decided majority of the Committee. The Re- publican nomince, Mr. Prescorr, bas scrved one year us (overnor with success. Ile had proviously Leen Becrotary of Stats for four terms. ‘The Democratlcplatform reaflirms the natfon- ol platform of 18764 genounces the great crimo by which the people were defrauded of a Presi- deat of thelr cholee; congratulates the natlonon the happy results of tho adoption Ly tho Ad- mintstration of o Democratic policy; favors a stable currency; opposes subsidies; sod do- clares for tarl® roviston. ‘The nomince, Mr. McKEAY, I8 o business man aud a young man, and bis nomination was & concession to tha younger and more progressive clement of the party. A year ago the Repabllcans clected Mr, Pres- coTr by 4.034, the vote standing 40,755 to 36,721, thero belng 807 scattering votes. la 1876, Haves had 41,530 votes and TiLpex 88,5003 Republican majority, 8,030; while at tho March cleetion Cupxney, Republican, was elected Goy- ernor by 8,028, recelviug 41,701 voteato Mancy's 83,183, Kexpavr, the perpetunl ‘candidate of tho Prohibition party, pbtaining 425. The Re- publicans havo now four of the tive Councillors, 224 of the 470 members of thy House, und eight of the twelvo Scnators,~a majurity on joint bale lot of 73. ‘The campnign that closcd last nizht was tha quictest on record. There Laa been not a little sorencss felt among the ruuk and file ot the Re- publicans on the subject of tho f'resident’s poliey; Wdeed, it was thought advisable not to {mport Mr, GanrieLd to defend it and reply to tho letters of WiLLiaM K. Cranpuenr. Tho defeat of B1acxtons for the Boston Colluctorship hos also aggrieved a certuin wing of the party, and thodissatisfaction has found its veut in the letter of a leuding . member of the party, Mr. E. B, 8. 8axponw, of Franklio, broadly binting that thero {8 no particulsr reason why Repub- 1lcuns stiould labor for a victury, and suggesting that they will do well to follow the Presiaent’s wdlvlee, aud vote for the most worthy nomiuee without regard to the ticket on which Yie hap- pens to be placed, Mr. C. A, BULLOWAT, an- other prowinent Republican, bids written a still mors bitter lotter, asking in conclusion if New Hampshire Republicans will show by thelr votes that they are fn aympathy with su Administra- tiou that welcowes Iebels and auubs tried and truo Radicals. With apatby in sume quarters sad open eninity. fn otliers, the chances of the Republican candidatos should not be regurded with tuo great coutidenco, Tho estiinute of the managers is a voto lcas than that 6f 1876 by 10 per cent, and o smnall wajority for Purscorr, with tho Councll, Scuate, and Iouse still ro- talned by the Hepublicaus, but by compura- tively narrow ‘msjorities, It fa conceded that the Democrats will galn sne control of a couple of counties now Kepublican, The Demo- crate, on the other haad, expect to sccuro tho Logisluture and to throw the clection therelnto, If thoy cannot cleet McKmaN by tho popular vote. 1f they securs the Legislature, they will in June elect o United Btates Benator In place of Mr. WapLzion, Republican, whose term ex- plres in 1879, und make 1ba fghit over his adimis- sion agalnst & possible Republican to be clected by the Legislaturathat, undertheamended Con- stitution, will be ¢hosen iv November, As tue Scnate will next vear bo & Democratic body, the chances of a Democraticcontestaut belng seated arc uot to be desplaed. Itromaius to be seen whether Now Ilampshire will repeat the madness ol Ohioj whether s atanchly Republican tate will, to grailly the malice of & mivority, proved in the vouncils of the party to bo a miuority,throw away a Sena- tor, place the powerful wacbinery of the Gove crument i Democratic lands, and begin the campalgn of 1878 with o deworaliziog defeat. e —— Mr, Jaxes Izwin, Indian Agent at tho Red Cloud Agency In Dakots, In a recont letter to tbe Commissioncr of Inalan eAffairs, says bols dlscouraged with the whols Bloux vutfit, and believes they will never be cured of tbelr im- portance, and arrogsuce, and willjul atub- boruess. until they aro made to fcel the power of the overoment. While two or three Sloux are striving to do right with thcle baods, of the Laluucoho says: *I would rather 2o up to my old fricnds, the Shoahonus, aud ralse a scouting party cud belp Gen. Croox to whip them the coming summer thay to stop here and foed them, and I wonld feel more persoval safety 1 doing sa,” Hu ounly accepted the task of st~ temptivg to wavege the Sloux provided be. could get military forcu carsy out bhls ordess, but, cuough to owing to the small military force only four com- panfes of cavalry could beaent to the Red-Clond and Spotted-Tall Agencics. This force he re- garda ns very much too small to control the In- dians there, for hosays: I know that my In- dlans aro 1 communication with 8rrrine-Duwr, but do not know what kind ot deviltry Is being concocted, It Is my impression that both Red- Cloud and 8potted-Tall Indlans should be under military discipline the coming spring and sum. mer. From what I have learncd from my Ine dians, I cannot have a resunabla doubt that B117iXa-BuLL or his Indians intend to rald the Black fiiile the coming summer, other opinions to the contrary notwithstanding; and they should have no chance to get encouragement, reerults,or other materinl ald from the Agencles, and thts the civil authorities cannot prevent.” e ———— JAwaB, the Count Jawannas, has written to the Mayor ot Boston saying thot he s **a Bos. ton loy, ecducated in the noblo. Franklin schools,” who *‘laft the paternal roof at 15 and now tvants to return ‘‘after an absence of twenty-five years.,”” 'This makes out the Count to be 40 yeara old, and o native of .Massachu- sctts, though hitherto ho hasclaimedtobos nattve of England, whenca he came mnore than forty years ngoj indeed, from his allusions to his distinguished fricnd, Lord MANSFIELD, who died about ninety ycars ago, we thought that Jawan was somothing over 100, S . Our namesake of New York eaysin a recent fssuo % Madame Guyox, the original Dona Sot in ¥icton Itvuo's ** Hornant,* has just diod In Feancd inher BHith year. She jasald to have been originsily & Isce-worker, ‘Tho famous wrangle over * Hornanl® took place in 1830, at which time Es1r.1s GuYox waa, acconding to the New York Tridune, 0 years ald. If our New York namesako will overbaul the record, and capeclally read a charming story by ALBXANDRE DUMAS of the rehearsals for ¢ Hor -nonl," he will find that Mile. MAns wastho original Dona Sol, + e e—— It mokes all tho difercace whose bull fs gored. Last Friasy’s Sun contalned two communications, onc following the other. The firet was héaded: “Tho World's Cuban Letters —Mr. ALDAMA Pronounces Them Wholly Fic- tittous*’; the sccond: “Jay UouLp's Contract —A Letter from Mr. FutLgnton.' In that “letter Mr. FuLuerTON remorked that the elght statements tho Sun had just made about him in & Washington letter were ** pure Inven- tions,”” No une would have thought it from the miidoess of tho Sun's headline. ————— The rovolt of the Papal guardsillustratesagaln thoadagothat famillarity breeds contempt, Pll- grims flock from all quarters of the worla to get a glimpse of the Pope, and there are thou- eands of devout persons who would doubtless willingly dle, If it would be sny accommodation to him. Yet theS8wiss mercenarics, who are privileged tosco tho Holy Father datly and to become, s It were, o part of his houscliold, aro fn open rebellion becauso they have not been presented with threo months’ pay which they have not carned. ————— Cuban patriot in the Interlor of the Ever- Folthiul Tslo, with the clbows of his shirt hang- ing ont of thy knees pf Ins pantaloons, tired of living oo woodchucks and fighting at disad- vantageous odds with rusty machetes, looks over to New York for ald, and seea tho Cuban patriot blazing with diamonds; amoking 40-cent ¢igars on botel dooreteps, and playing draw- poker at 8100 ante, ond, In disgust, makes peace. Cuban patriot in New York thercon decrees bim o traitor, aud loscs $2,000 on nary a pair, —— Count Fupznico Scroris, whoso death at Turin has been snnounced, was o celebrated Italtun jurlst and o friend of Count Cavoum. 1o was born n 1708.. In 1837 he drew up the gnrdlnhn Civil Code. Ho 1s best known to merlcans by his conuectlon with the Geneva Court of Arbitration for the scttiement of tha Alobatua claims, o wos chosen Prosideut of that Congress, and in 1874 thio United Statcs Government made him n present of a sct of il ver plate fn recognition of his scrvices. eessa—————r ‘Tho members of the Ropublican party should bear iu mind that Interesting little apologue of the two kulghts who saw tho shicld, sllver on one side and gold on tho other, got into a fght over 1t, und fought till thoy lhad bLoth been killed. Therc 1s no necessity for Eastern and Western Republicans destroying each otherover the silver question, cspecially s tho Democrats won't. ‘The most rational course I8 for them to inqulre into the subject first, and sco if theshicld 1sn’t both gold snd sliver. ——— The American flaig s wabbling triumphantly oround Central Africa, notwithstanding that the Jerald expedition s alsbanded. King Minanpo, having captured o standard from BTANLEY, 18 now flinging it to the breerc, aud spreading terror among rival chieftalns, who cs some supernatural prop- The London Economist, speaking of the ex- erclso of tho arbitrary veto pojer by an Amerl can Prosident, says it was brought into odium when employed by s mnaa of thocallbroof AxpY Jounsox, whom It photozraphs with one flash of langzuugo as **a drunkeu rough, with extraor- dinary inpate capacity,” That was AnDY to the lfe — The Gnadhionals refused to let Brick Poxe- ToY take the wheel, and tho doughty Brick bas put on his war-pafut and varnished 1t, ground his jomuhawk to the sharpness of o razor, and gone on the war-path, The place which Col docsn’t cxist kuows no fury e —— —— ‘The Earl of DUNRAVEN has made an Intenscly anti-Russlan spoech in the Houss of Lords, and 1t fe attracting as much attention in Kugland as hils recent letters dn the Now York * World ok tained lu this country. DUNBAVEN 18 ove of the disciples who alt at the feet of Banzaxiy the lsraclite, e ————— According to tho Memphls Avalanche, party Mnes are shutteriog rapldly in Misslssippt, It 18 about timo to shatter tho lins of a party which can sthinuluto and conulve at such atrocious acts a8 tha CisnoLs murder -and then sbield the gutity ones by a parudy of justice. e — Par DoNax, erit of the Lexiogton Caucaslan Legins au editorial artivle thus: 1 tho sun fn heaven or tho idlot-breodicy mooa evor behold nssenbled undor any roof on ail thlé wido fuotstoal of Gou 8 more utterly worthless und usolews budy than our present Conzcess, tury Lisastrangely failed to record the fact, e — PERSONAL, Ben Wade, Like Morton, left a very mod- st eslate, it bolng valuod at from $75,000 40 $100, 000, Brick Pomeroy, having foiled to capture the Toledo Convention, Is now fighting the Na* tional party with forty flah-wife power, Ex-Gov, Bullock, of Georgls, having been scquitigd upon trial of the several charges sgainst him, bLas settied al Atlanta as Treasurer snd Msa- sger of o cotton factory, Joweph H. Acklin, the Democrat whom tbe 1House seated fu place of Cungressman Darsall, of Loulsfana, is its youngest member, younz, with a mustache that makcs bas melt with envy, and wonderful black whose witchiug glanco the urbs of Sel must paly thotr feoble Sros. The Harvard Lampoon diynigos thia bit of conversationt Mr. vyswell (dollzately leading tho conversation)—** Da you kuow, Miss loselesl Inever made au offer?" Stnple-huartod Bud (wbo has such an ides of Mr, Henvyswell's experience I8 overything)—** lteally! Why, 1supposed you oflered yourself bundreds of times. ** An Esstern lady hae in her autogrsph alum & characteristio inscription by blug old Ded Wadv. A goy young Soutbern admirer bad writs ten—presumably after a long ovening spest 1o bet company—**12:40 8. m.—Time waé misde fof slaves,” and sigoed 1he suliclently Idiotic seotis wmegt. Beneath it the old war-hores weote, **434 bitwralty for ulave-owners "