Chicago Daily Tribune Newspaper, May 4, 1878, Page 4

THE CHICAGO TRIBUNE: SATURDAY, MAY 4, 1878—TWELVE PAGEN, in enlarging it. Thns, Voonuses con- | palpablo powder quickly ignites and gives oft stantly confuses canse and effeot, whila | A highly-oxplosive hydro.carbon gas, which, nctually falsifsing the rolative condition of | when mixed with nir, explodes with terrific tho Government currency. force. Tho cxperiments tried upon a small Another palpable contradiction of A cog- | scale with flonr-powder, which aro allnded nnto chiarncter may be found in the assortion | to in the article from ho Afiller, sntisfno- have beon rewarded by a large eollection of testimony. A suspicion is cnrrent that the Republicans intend to interpose no obsta- cles, but will allow the investigation to be ordered in the House. It ia difficult to be- love that such will be the policy of the Re- window-shiades nro ** a Inzury " and n fit aub- | at high water five to ten foot mors for soveral ject for oxceasive taxation would bo lnughed | hundred miles, The reduction of thoe flood al. These articles aroof nnivernalfuso in this | wonld bo observable ns far up as Memphia or conntry, and the true rule is to reduce their | above. Butso simple a mothod of giving re- cost to consumers, Onr tarill solects the ar- | lief and security to the ailuvial lands cannot ticles of genornl nsoe, articles of wear and the | bo entertnined for a momont by onenrtson's teach vou how to vote Intellizently ang 1y, thon any other work nmcumhl:. Mf‘;:f‘“‘ men *just beginning to vote shoulg .‘,f‘ Tur Citicago Tuinexs diligently daily, ! will A1l thelr minds with wioful knowlegae 't subjects of currency, finance, political e&,;,,m, rm 4 ) The Tribune, TERMS8 OF RURSCRIIP'TION. T MAIL—IN ADVANCR—POSTAGE PRRPATD, sclence of government, and other mat; Y aily Editton, one vear. . %12.00 | publican minority, which wonld be able, if | that **there is no ronson, nnd nevor wns, torily nccount for the Minnenpolis explosion. | tools and imploments of trade, the machine. | tax-eating Committeo. What they want 8 | toreet tomood and ‘oatriotia clum'.-';.:‘lc:\‘,"f fne Ferteof & yedr, permantll, oo el i disposed, to provent tho considera- | why the papor money should become de- The hugo mill mnst have been filled with | ry of production, and tazes them to the ut- | a profuse expenditure of Government money | iliary to Tiw TRINUNE, wo might eaely s m::: £a ml‘, dition, 3‘% tion of mny resolution that should bo | precinted,” whon he follows that statement this impalpable dust, which, taking fire from | termost, not for revenuo to support the Gov- | to shut np ontlets and then bnild lovees for men’t} & little book called “Currcuc’v B, T ckly, one ye 800 | rorad intion | b th hat to 1 tho | the gas jots, or it may have been from the | ernment, but to enablo certain privileged | the bonefit of speculating contractors and | ing,” by Boxaxy PRICE. Also *' Nomfsm, Partsof 8 vear. per monih. :50 { offered, unless it were n resolntion | by another to the effect that to leavo tho J Lenal Tender® by HEnntC sma; or, WEEKLY EDIT| 0| of the highest privilege, forecasting | Resnmption et on the stntnte-books will | electricity which is rapidly gounerated and | classes to plundor the whole conntry for ombankmment rings. The ontire scheme of N c‘::lllcenh;\:;:e 4 hmu ulnxunl-'nl, and «py. ot Taler s =® 3:30 | a proposition to institute impenchment pro- | precipitate *a dark, perilons, and nncortain | hold by the millstones, exploded with the their especial benofit. An olr:r com:spa;-d:;nt the Commu‘lacls In & profligato fraud upon the | HE1tTE pn i d p()]:l "‘;‘::mlnlu\ho., E’(‘::‘Fg-ct?&i:- :;;‘ 't':l&ll fall, fncloding Stateant ceedings,—n form of the question which | future.” Nothing moro preposterois ean bo terrible rosults that have already been chron- N;}’ll.l l‘:n cunnnmem‘p(!‘lru M:I n ue:I on n‘S taxpayers ol ‘l he count: the " English banking ' system, w‘”;m Connty. srould be almost certain to bo opposed by a | conceived than the coupling of these two Icllcd. With sush ‘I‘msuibnltin_:l ot oxplo!:h'n : 10\ oln ;{oc?l?!?fl’a'; ':‘“ ;T:;efl gnflml:,]:! i DEFECTS 0. PT LAW. Baoeior's book entitled * Lombara slre'eplx Pi:i"a‘g:“:;“'zm r’:"a&fl;",‘g‘;.:’,"‘:‘:fifl"’:_“' number of Democrats, nnd which conld hard- | otatements in the same broath. 1If thera is | existing in overy flouring-mill, it certainly l"i nf ;’ A l i’ l’l h’ Ak Tho two chiof objoctions urged by tho | 18 recommended. A work more ?‘m; 0 cr;r SUBSCRIBERS. 1y be carried without the afd of Repub. | no renson wh.y Government paper curroncy | behioovea mill-owners to be on their conatant liu rt:wn:x:irl m‘ o: m') l:t lv:;- ::d u: % no Bn: mereantile world to the prosent Dankrupt prehanaive in Its scane for American readory iy Daly, deltvered. Bunday excented, 35 eents per week. | lican votes, What the Republican polioy is | should docline in value, it will not | guard. Tho recent fearful disnstor to the | bounty paid to privato pa the “Beience of Wealth,” embracing Tho Lawmg 311y, delivered, Sunday fncluded, 70 cents per week, Taw are, firat, that it is so expensive that the to be has not yet been developed, but it is deline; but if it is not to decline, then confectionery establishment in New York, | ercive robbery of the tarifl, nssets aro exhinusted in costs; second, that of Tralle; ‘iirfency.mul. Kludace, 'ty Avgsy ross INE COMPARY, | ; 5 o A i b | WaLRER. It Is not expenst 3 Add‘.’umnnndlw::‘:l ;fl’x&m"w. Chiesgo, N1 | quito cortain that it will not be to ald in tho | why repeal the Resumption act, which will which arose from an annlogous cause, and THE TRANSIT OF MERCURY. 1t encourages imprudence and unrelos'lnuu good reading t;rnuyo:n:c:‘l:c:' xl;.l :;' oy Orders for the delivaryof Tue Tainvxxat Kvamtan, | congpiracy to sconro TiLoes's nomination in | merely havo the effact of clinching the valua | the eatastropho at Miunenpolis, aro tetrible HE MER| . ementary Englewood, and Hyde Park leftin the countlok-room Tne Tuisose of last Saturdny contained in mercdntile doalings. Both objections are willzeceive Promut ateents an article on tho transit of Meronry, which | well taken, but Loth to a grent extent are will occur mext Monday, May 6, with a | romedinble, No one probably will claim dingram showing the position of the planet | that the Bankwupt law In anything more than ot the times of Ingress and ogress, ns seen | & politico-cconomieal law, If a8 man has througl n fold-glnss, which does not invert | bought goods, by all moral laws he shonld the image. For the bonefit of thosa who | pry for them, and the mccident of hia wnay wish to obsorva the phonomenon through | insolvency In no wise impnirs that a small teloscope, wo now give tho dingram | obligation. But exporience has shown that it is not for tho bost inlorests of tho country that any clnss or considcrable num- ber of citizens should be preventod from excrciaing their faculties in money.mnking. This Ia necessarily the ease whero a man is burdened with debis nud dare not lannch out nfrosh into business for fear of hnving his property seized in satisfaction of his old lin- bilities. 'To avoid this loss of wealth to the community,bakrupt laws have beon enacted. Thoy have rightly been decided to be reme- dial in their nature, and entitled to n liboral construction and interpretation. Bat whon the disadvantages outweigh the benefits the law shonld bo ropealed. Undor the present law it costs a man wholly without nssets nbout §180 to go through bankrupley, without reckoning % {41 | Inwyers' foes, All this is exponded under form of law in warranls, notices, and The apparent telescopic ingress on’ tho ) y right willp{;:cnr at O, 24m, in the morning, ;:'Ble';'fflfrrf‘ uln ch of "fh ich,AnlIcourni bas Chicngo time, in tho position given by hold- ';,P' 8 "’l lnxnry gL B ACRENO ROy ing tho paper o that tho orrows on the | WHO do_en nothing, costs §25, tho Register right-hand sida of $ho dingram will point tnkes 850 or more for like valuable wervices, 1880, and in the menntime to assist the Dom. ocrats in the Congressional eampnign, work of later date, and by wany persung v, highly esteemed, I “Porry's Valitical Feons. my." It discusses, very lucidly, Valye, Ez. change, Production, Labor, Canllnl.l.nnd.(:mm Production, Money, Currency in the Uniteq States, Credit, Forelgn Trade, Mercantile sy tems, the Ameriean Tarlfls, and Taxatlon. Ther aro other elementury worke, hut the faregoin, will suffice. But for those who have not time gz study the works named, the best thing they ean tlo is to attentively read Tug Cutcaco Trinyyg, 11 everybody would takethisadvice, there would bo quict Inroads mada on the ranks of thy ¢ Nationats” and Domocrats about electigy times, aud maintalning it steadily at par with | warnings to flouring-mill owuers, 8o long specie? It the carroncy isto romain at n | ns these conditions exist no mill is safe, and par volue, or tho value it has to-day even if | it ought to be their first duty to nscertain the Resumption act bo repenled (and thls is from scientific men the precantions that will what Voornees argues), thon why will the [ lessen, it not altogother obviato, the danger consummation of the Rosumption nct, which | to which thoy aro exposed. will not contract the greenbacka or onhanco = e—— thelr valuo, precipitate ““a dark, perilons, TARIFF TAXATION. and uncertain futuro"? The argument is | Wo priht aletter from Ottumwa, In., ob- ridioulous; when Voonrees makes a spoech, | jecting to an editorial which appenred in it is all sound and fary,—bnt no sense, Tuz Triouyr last wook, showing how n tax The fact is that one paper onrroncy is in | levied for prodnetion was opprossive upon vory mnch the samo condition ns that of the | conaumers. Our correspondent, confining Bankof France ot n corrosponding period pre- | his criticlsms to that portion of the nrticle ceding resnmption which, occurred thore Jan, | rolatiug to the tax on cotton goods, makes 1of this year. Formany monthathe French hia points, which wonld lave more force if paper currency hind baou practically at par | they were warranted by facts. It fs true with specie; though rademption could not | 18 stated that there is now littlo or no fm. bo oxacted from the Bank, specie was paid portation of tha chenpor colton goods which out when asked in rensonable sums aud for n | constituto the groat bulk of the cotton man- legitimato purpose. Tho prevalenco of this ufactures consumed in this country, but tho relation botwoen the paper and spocie ron. | rosson s that tho tarill practically prolibits dered nctual rosumption au easy matter, sud, | their imporiation, The (arif on cotton whan it ocenrred, no chango was observablo, | clotha and other cotton goods was made in tesumption ot the date fized by Iaw was 1864 and '65, when cotton was worth an av. simply a ratilleation of a resmmption that | eroge of 73 cents o ponnd. The tax on un- hiad already taken effoot in practice. Thero blenchied cotton cloths valued nt less than 16 was no run npon the Bank of France upon | conts a squaro yard ia 5 cents por square yard, the 18t uf January for coin, and there has not | dnd on bleached of less valus than 20 conta heen at any timesince, The people take the | B Equare yard is 6} cents per squara yard; on bank-notos in preferencoe, except when they priuted or colored, worlh less than 25 cents require gold for export or for tha convenienee | POr fuare yard, G} cents por square yarl TRIBUNE OFFICES, Tnx Cnicato TRINUXE han established branch oflces forthe recelptof subecrintions and advertisements as followst NEW YORK—Toom 20 Tribune Rullding. F. T. Mce Faooxs, Manager, PARIS, France—No, 10 Tue de Is Grange-Datellere. H. Manren, Agent, LONDON, Kng.~American Fxchange, 440 Strand. Hexry F, Gitiia, Agent. BAN FRANCIECO. Cal.—Palace Hotel. —— AMUSEMENTS, MeVicker's Thentre. Madiron sireet, between Dearhorn and Buate. 0ur Aldcrmen.” Afternoon and evening. 2. The approhensive condition of the public mind reganding tho exiatence of aslumber- ing voleano of Communism benoath tho so- cial fabric was plainly reflocted on Wall sireet yesterdny, whero n rumor, gotten up Ly stock-gamblors, that Chicago was in a state of complete anarchy, with the nagrarinns in full sway, was given wide-spread currency, and received with a credence that greatly depressed the valne of the whole. list of specnlative and investment stocks, Thae people of St. Lonis nre having their turn at the general scare, and the Pistols and Parollesof that rogion nre unloading the detalls of their schemen npon the ampla cars of the 8t. Louis reporters with perfect freedom and ingenu- onsness. These fcllows aro not tho lenders of the movement, for they hide themselves in‘the timo of disorder, giving place to some hitherto unknown Naroreox or Paravox, so that the outhorities wonld hordly bo wiso in awarding them ** tho white robennd the pnalm" of martyrdom nt this stage, Yct all this simoon of gns, emptied upon the atmosphere which ,discontouted Inboring-men breathe, is highly inflammablo and pernicious. The commom instinct of patriotism should protect the land ngainst — After ohont s quarter of a century's exdly. slon, the Demacrats hove got furl controf of thy Ohlo Government. They have elected o may emirched by his connection with grocery rop. tractsand raflrond fobbery to the Governorshyp, sent arank inflationlst to the United Sln(e; Scnata; put & deserter, bounty-Jumper, angey. conviet on the Committecon Milltary Aftalry; ond had a fight on the Senate floor between o Senator and a aluecurlst Rallroad Commissiop. er. All this inside of seven months, and jet some peoplo want tho Republican party to spliy itselt in two getting up a platform? flonlcy?’s Thentre. fiandolnh street, between Clark and Tasalle, Fngagement of Mad. Modjesks, °**Adrienne.” After- noon aad evening. New Chicago Thentre, Clark strect, opposite Sherman Honse. Engages ment of Mme. Rentz's Female Minstrels. **Female Forty Thieves." Afternoon and evening. Tiaverly’s Theatrn. Monrne sireet, corner of Dearborn. Josh Hart's Pane orama of the Chlcago Fire. Afternoon and evening. Collneum. Clark street, opposite new Clty-Hall, Engagement of G. W. Thompson. **Yawcup." Varlety entertaln- ment. It thero happens to Lo any of the gengy “Natlonal " politicfans hereabonts, we would confldentially fuform them that thelr main plank Is knocked into kindiing-wood. The Gor. ernment has resumed, In spito of them; it 4 redeeming greonbacks at par In sliver colnon demand; and {s also paying ont greenbacks fn BATURDAY, MAY 4, 1878, Greenbacks at the Now York Stock Ex- change yesterday closed at 093, e | ot 11 transactions. ‘Uhis will bo the his. | and 10 por cout; on same, worth more than tho ordinary course of business. Expanslon = = :‘lszlm::,zl ;’:;?‘::,‘::o"?n"‘ ki e tnr;":‘l ,\“‘,‘ofi:mo ranumpl?on. The :;mu;_ 25 conts por w’lunre yord, tho tax is 85 por | perpondicularly downwards. ;‘I’:‘:‘nt‘:‘;? "x":""‘;‘ll:; i‘;?n‘:: i?“nc(c,i:;';r '“;: and rodemption {s thua going on hand In hand, A party of visiting ringsters, known when et ouco is tht, uatil resumption shall bo dofi. | cent. Whon these duties woro fized, tho aim | First interior contnot 3 minates 7 soconds @ Y and, whilo cofn Is pouring into circulation, thers st home ns County Commissioners, yoster- dny invaded the precinets of Bedford, Ind., but their stay was cut short by tho unex- pected discovery that the Bedford stone docs not turn black with age. Thia is not what thoy went out for to sco, nnd they proceed- ed in their search for samples of stono that will suit tho purposs of the cxpedition, after the first external contact, this rospect, 5o that the exponso should not Tho second intorlor contact at 4 h, 4 m, | be over $40, including advertising and all in the aftornoon, nnd the sccond exterior nolices to eraditors, The focs of all the offl- contnct nt+h. 67 m. Tha planct will then | CeFs Of the court could Lo ent down one-half, boa littlo to tho loft from tho polnt on tho | ARA et leaven “'Y! rensonablo compensa- solar diso apparently nosrest to tho zenith. tion, If any exception wore to ba mado, it The position is that obtained by turning the should "‘I’ in favor of the Olerk of tho papor Ro that the arrows on the loft side of Court, ‘The law geems to lave been tho dingeam will point porpondicularly down. framod for tho country. districts, whore weids: the officers aro expected to live on Tho possessor of n amall telescope who the profita of a score of cnses a wihes to viow tho phieuomenon should pro- | Ye0r Anothier substitute for foes would bo vido himself with n piocs of dark-colored | tho sllowanco of q gross or fixed sum for n plano gloss (bluo) to hold botweon tho tela. | €180, and districts might be graded ns the scope and the eye, It should bo tested countles in this State, 8o s to pravent suy boforohand to seo that it is of the | BTOR8 Irregnlarity. 'Pho six lnrgest cities of proper “tome,” noither cutting off too the United States probably have nearly one- much light nor too little heat. It may Linlf of all tho bankruptey cases beguu, nnd then be fastenod to tho eye ond of in them the rate of fees should be tha low- the tolescope with a bit of wax, Ttwo pieces ost, s is tho case with the courts of Cook of vory thin glass aro preferablo to one thick qounly in comparison with tho rest of tho ploce, not being so liablo to break by tuo | State. The prosont lnw is very cumbrous, nction of the solar rays. The tolescope providing for all possible contingencles, but should also bo nffized to a ** rost " for stendi. | that doos not detract from its valne, Any ness, as the planet will scarcely be visible | POV lnw ought, as far 08 possible, to copy withont it. The relative mizo of tho planct the old as to the form of procedure, if for {a small; it will only nppear to be one-eightt: nothing clso tosave the enormons costs of of an inch in dimmeter in n telescope that judicial iuterpretation. Tho foos can bo makes tho sun appear to bs twenty inches razeed, tho timo and manner of closing up across, Of course these romarks are up. | M Case shortened one-half, and greater striot- necessary to the fow who own large telo. | Ns8 required in granting dischargos, nnd AN ILLOGICAL DEMAGOGUE. Dax Voonuees, an sccidontal Sonator from Indinun by roason of Gov. MozToN's denth and Blue-Jean Wintiama' appoint. ment, is a candidate for the regular ancces- sion to n soat in the Bonate. The Democrats of Indinun are making their Btate campaign on tho basis of Voonnees' eandidature, and nro pandering to the ignornnt and Commun- istic sontimont which they assuma to prepon- derato in the party and State, Conserquently Dax Voonuees never missos an opportunity in the Sonnte Chamber to proclaim himaelf ns the champion of all the absurdities and inconsiatencies of the so-called ** Nationnls,” The discussion of the bill repealing the Re- sumption act enabled him to indulge in the most nstonnding exaggerations, the most palpable falsohoods, and the most nidiculous logic of tho time, contradicting himself in an utterly reckless fashion, and oxposing himself to the contempt of every intelligent man who inhabits tho Wabash country, If spoech-making of this kind can carry him back to the Benate, his success will be a sorious roflection upon the good sonso of the Indiana people. Voonnxes, who favors the unconditional repeal of the Resumption aat, charges upon that act of legislation all the shrinkage of values (which ho cstimatos at tho modest was to got as near 05 per cent ad talorem as possiblo; but the price of cotton having fallen to 10 cents per pound, tho tax of cents per sqnare yard on unblenchod and 5} cents por square yard and 10 per cent on colored or printed, now amount to over 100 per cout on tue cheapor qualities, Amerlean cotton goods of these varieties are now sold in Euglaud for lesa per square yard than the Amorican tax on the samo goods if im- ported ; and while the cousumsrs of cottou goods of these varieties in England, Gor. many, Mexico, China, and all parta of the enrth, nre ablo to purchese those goods from thoe compoting manufacturers, the American consumera ara prohibited from purchasing any of them excopt those made in this comntry at prices from 80 to 100 per cent more than similar Amcrican goods nre sold for in England. ‘Tho same rulo applics to weolen goods, The chenper and coaraer varietios are no longer imported, bocauso the tnx ranges from 70 to 1560 por cont, aud the tax is groater on the cheaper and coarser goods than on the fiuer qualitics,. Thus, on oarpots custing about$2,25 por square yard, the tax is 45 por cont; but on carpeta costing 82 conts por yard, tho duty is G8 por cont ; and on carpots costing 40 cents per yard, the duty is 856 per cont. On women's dress-goods costing 17 nitely proclaimed by the Guvernment, the gold will not cireulate side by side with the paper curroncy. Groenbacks are now within gof 1 por cent of par with gold,—n mere nominal difference,—but the gold will not come out. There is still o dim prospoct that resumption may bo postponed, and gold is hoarded togot tho advantage that would i that cnse nrise from a new depraciation of green. Uncks, Meu liko Voonures, who are endenv- oring to provent resumnption, and constautly attempting to destroy the faith in its accom. plishment, aro responsible for a contraction of the currency totheextent of 200,000,000, —or that is about the amount of gold that wounld immediately como into eciren. Intion ; this would grow by accrotion from the mines and foreign romit‘ances, This man Voonuzrs and those nssocinted with him in tho conspiracy to prevont resumplion aro tho real contractionists in tho country, and thoy are imposing lies upon the people for unworthy and dsmagogical purposes of their own, Is no contraction of greenbacks. o — Goupy's Democratic platform demands *thy immediate and unconditional repeal of tha Re. sumption act.” But we have the Governmeat redecining grecubacks fn the **dollar of thy daddies” right here in Chicago at par and an domand. Mr. Goupy can walk Into the Sub- Trensury here with $1,000 fn greenbncks and receive a bag of silver contalning 1,000 of the “new shiners” of full wolzht and full lezal- tender. This fsa flat violation of the Demo. cratle platform. What are Gouny & Co. gulag to do about 11 e —— Gontsonaxore's physical dienbility has as- sumed n threatening phase, and the com. pleto retirement of the Russinn Chancellor from nny participation whatsoever in the important affairs now under consideration will bo necessitated for somo time fo come. Tho gout, that aristocratic enemy of old age, has assailed tho octogenarian Premier, and & total abstinonce from labor is ordered by his physiciaus, The Indianapolis Seatinel says that “ Queen Victonia gave the Prince of WaLes a curtala lecture for allowing tiwo * nauzhty Freneh act- resscs ' to propose her health at a midoight lunch in o Parisian uewspaper office.” 0, come now, really, you kuow, ’ang it all, that's sb- surd, The Queen no longer puts Ansert Ep- waARD In his littlo bed: it s the Princess Avez- ANDRA who Is the Lady of the Bed-Chamber, Sainimatel Sl dnsdunt ‘The socond day's devolopmenta in connec- tion with the destructive catastrophe nt Minneapolis show that sixteen lives wero lost and six milla complotely demolished. Tho total loss is now satated to have Leon nbout $1,000,000, with insurance of SSGT.(-M). Gov. Wasanuny, who suffers to the nmount of $300,000, will at onco rebuild his mill and «clovator, and there is no doubt that the othor property destroyed will bo promptly restored. The Worcester J’ress has gone into fasol veneys the Detrole Kree Prets has had lis ofile burned down; the New York Comumercial Advre tiger's allegod funny man has been transported to a foreign Consulate; tho Burtington Hastew hos gono into politics, and yet some members of the Ameriean Paragraphors’ Assoclation say there is no h—11 THE MINNEAPOLIS DISASTER, ‘Wo publish clsoswhore a carefully-prepared dingram of the flouring-mill locality in Miuneapolis that was dovastated by the ex- plosion on Thursday. In the force of the et —— An Encliah race horsc has been called “ Din explosion and tho extent of the disaster from by ey % yot leavotho law practically tho same, Thess O'Leary,"" and tho commerclal and political sit- Tho character and intentions of the il nts persquare yard, tho duty is 70 por cent; | scopes, and know how to uea them, " uation in Chicuzo must apoear brighter to every t ten th d mil d all the | this forco as well as from fire tho destruc. | conts persdq yard, Y P y alodanae Cliabrls, Whidls s anoliored s front :fi‘;::l:l (\(l:¢mz'$’:he$::’l;luvl;z nrn.l 5 [1: tion 1o almost waparalioled, 8ix flonring. | on samo goods costing 8170 por 'qum; —— changes will obvinte the main objections | yrye patriot who reads this ftom. of Ellsworth, Me., continue the subject of much uncortainty and specnlation. English agonts haveendeavored toascertain somothing about tho nysterious sbip, Lnt the utmost precaution is taken that nobody shall come THE HI;B!BHPPI LEVEE BCHEME, urged against tho presont systom. Bpeakor RANDALL, a8 part price for his Tha merchants thomseclvea are, however, nomination to the Bpeakership, packed a | much to blame, If thoy will allow a man of Committoe on * Levees and Improvement of | little or no credit—perhaps one who has the Mississippl River.” It consists of tho just beon through bankruptcy—to buy large yord, tho tax is GG per cont; on Balmoral skirts, costing less than 40 conta per pound, the tax is 85 per cont; on blankots costing 50 cents por pound, the tax is 90 per cont; on flannels costing between 40 and 60 cents mills, an elavator, aplaning.mill, and numer. ous smaller buildings on either sido of a narrow canal were utterly destroyed, and a lurge amouunt of valusble rallroad nnd other business proporty narrowly ecscaped. The ignores thoe fact that the panio took place in 1873, while the Nesumption act was not passed till 1875, Tho bfisiness misfortunos and the shrinkage of values that occurred during tho first two years of this financial it b 2o 1t does secm o little funny for one party which Intends to mako ita canvass this fall 03 the fraud {ssuc to scold the other for wavie: the bloody shirt. « ——— N ds on long time, nod to open a " t on board, Tenr.Admiral W. Gone Joxes, of 3 o a pound, the tax s 95 per cont; on woolen following persons: lines of goo 8 i e P Jin BeNNETT'S carncstuoss in the caus of tho British Legation st Washington, \vht; 1 distreus cortainly caunot be attribnted to n | most cnl'l‘o “: “:n“x: ]oots!lhn' ?[ifu““;‘ i :ll:(n lur«lery éontlng 42 conts per p('mm]. the tax | [¥'nEnTsON, of Lonistana, store exponsivoly furnished, inviting him to | Arctic exploration ariscs Irom his profound con- slatute not In oxistenco during that time. | comparatively sm of lifo. For this Harcuzn, of Mlssourh, buy ns largely ns possible, they must expect | victlot.that the Pole bas something to do with reporied to have performed sowme very shiarp It is o matter of history that grent national there i3 overy renson to bs thankful, Bo far is 105 por cent ; on woolenshirts and drawers 'al!““v' u: ,Il{l_ e t Y lhg y v 1 y"l ir b 'P i v detectivo work on tho ocension of tho visit paules rn tholr course lke certain fevars, | 08 material loss is concorned, it will prove n costing 60 conts per pound, tho taxis 101 [ Xaew: of Quiney, 1. °::";l u° "'m]““q“:“lf“" f :’ lho *: ‘:J‘l“ltg Ll ——— of tho Russian fleot somothing over a your | ua yaving fully set in sud provailing over | heasy blow to tho businoss Interosts of | percent; on brosdcoth coating $1.0L per | jARvEUs: D Conneclicut. GEbEIch LHOY, UAYE LATON, 0100 PLesI None of SmARsPEARE's plays appear to hare 8go, and who won his promotion in conse- | g ontira country for two years pravions to | Miuneapolis, but tho enterpriso and thrift of | pound, the tax fa only 66 peroont; um- | LALTH of Weat Virsiais. snaro aud dragged others with them. If thoy | been enjolned, and yet thoy have been pretty Euners, of Blttabure. iil check n carcloss, imprudent buyer in hi ful, quenco, i trying his hand on the Cimbris, | 4, ? the T . it fs | that Lusy little city aro the best guarantees | brellas and parasols covered with alpaca, [ Pouxu, of Wisconsin, wiicheck y IRPEUC yer in hia | successful. City scrip will bo taken at par to any exteot from. for bribes by members of tuc Ring, PERSONALS, The famous Memoirs of Mtternich will appear this month. Sir Edward Thornton's son liag been grada- ated at Cambrldge, and will enter the diplomatie sorvice, Mr. Tildon is, they say, going to spend noxt winter at Washington, where he will ocespy s splenid mansion and entertain lavishly. 8. Angler Chnco and Georgo T. Hathaway, the Fall River defaultors, were bath bora in Free: town, 1n the same house, and both uow an in the same Jail, Oharloy Backus, the minstrel, is lying duz- gerously 1l ofa compllcation of discases at his res idence in Now York, and bas had to undergoMr eral painful oporations. Garibaldi writes that ho cannot visit the Paria Exposition this r, nor yet at the colebration of Voltaire's centonnial, whereforeb¢ 1a sorry, for aince his childhood ho Lias been 32 - mirer of the great philosopher of Ferncy. Mr, David Pulsifer, of Boston, bought 83 old Hebrew Roll of the Lawe: & second-band oot atore for & nomiual price, Rabbi Haravon, of Jer rusalens, has Juat inspected it, and propounces " 2,600 yeare old—the most anclent rello of the Xind in existence. cont. Nor is our correspondent any more gorrect In saying that the lnxurious, who oan afford to purchaso costly articles, pny the taxes on cotton, woolen, silk, glass, china, or other goods, Thua the silk dress-goods costing 76 conts or &1 per yard pays the samo rate of tax of tho silk costing §0 per yard. Cheap or low-priced silks, whether for dress or ribbons, are thorefore not jm- ported; the consumers pny the tax at home, Common unpolished window-glasa pays a tax ronging from 45 to G2 per cent, while plate-glass, cast and polished, paya a tox of from 13 to 24 per cont. If our correspond- ont will look over the list of taxed goods, he will find the following, the use of which is not confined to the wealthy or to thoso who have a vanity for foroign goods: The ordinary members of tho human family have use for sult, taxed GG per cont; soap, 47 per cent; castor-oll, 98 por cent; cod-liver oil, 49 per contj hair-plns, 50 por cent; and slate-pencils, 43 por cont. These taxes are levied not to produce revenue, but to compel the consnmers to contribute that much tax for thouse of the privileged classes croated by the tariff, Our corrcspondent is uttorly mistoken if ho supposes that ho can distinguish between the rich and tho laboring portions of soclety by the quality of their dress. Broadcloth is by no meaus a mark by which the rich can be distinguished. Nor {s 1t desirable that the grades of wealth shall ever Lo marked by distinctions of dross. An attempt of that kind would be preposterous. Broadcloth coats are of universal use in this country, and very humble in the scale of wealth must be the wife or young woman who is not the happy owner of at least one, if not more, silk dresses, Siraw bonnets (taxed 40 per ceut, trimmed with ribbons tazed 80 per cent, aud with flowers taxed 50 por cent) are universal in this country. Is it a legitimate proyince of Congress to so tax these as to attempt to limit their uso exclusively to millionairea? If our cor- respondent will visit the South, he will fad that broadcloth coats, kid gloves, fine linen, silk dressca and ribbons, gaily-trimmed bon. nets aud variegated Losiery, are regarded not as luxuries but as necessitios by ourlately-en. franchlsed fellow-citizens. It is an univeral Tho explosion occwred without an in- stont's warning in the * Washburn A" the largest mill in America, and oco of the largest in the world, t 7 o'clock in tho even. ing, and just at the time when the night workiaen were taking the places of the day gang. Almost simultancously two ndjoining mills were destroyed by explosions, aud the rapidly spreading fire comploted the catas. trophe. 'The shock was a terrific one, 'The mill which was first dostroyed was an coor- mous structnre, nearly tho size of the Grand Pacific Hotel, nnd yet the entiro roof was Llown into tho air as if it hod been a feather, and the walls foll in promiscuous ruin, The glass and fragments of tho structure were blown for miles, and even tell in tho streets of B8t Paul, fivo miles away, thus showing that no ordinary oxplo- sive ngency had caused the destruction, It is ovident at the outset that steam.was not the caase, not only becauso there were only twenty pounds of steam on at tho time and the bolter-house was some little distance from the mill, but also because steam could not have worked such torrible ruln, The same very good reason conclusively provos it was not an explosion of the gas used to illuminate the will. Guopowder even would bave failed to work wuch a wide. spread disnster. £t may be doubled whether auy other known explosive force than the gas which actunlly caused it, except nitro. glycerine, could have accomplished this ruln, The dispatohes vaguely intimate that the explosion was osused by gases gonerated in the patent middlings purifier proceas, but investigations of similar catastrophes in Europe sbow very clearly the cause in this caso, FExplosions of this kiud have hap. pened in Germnany, but the attontion of soioutific wen aud chomists was not im. modiately directed to the subject until the fearful explosions occurrod at the Tradeston Mills, Glasgow, Bcotland, in 1872, and at the City Mills, Port Duadas, Scotland, four yoars ago. It had beon hitherto deewmed impossible that explosions could ever occur in suoh a peaceful establishment as a flour mill, but the two oxplosious above uoticed enlisted theattention of both the English and the German chiemists, and they set about ju. vestigating them with results that are stated eliowhere in s very interest- | feeling among the American peoplo to dress ing article taken from the columns | as well as their neighbors; tho maid-of.all. of the . American Aliller for April last. work, as woll as the lady of the family, The substauce of these opinious is to tho devotes her savings to obtainiug the bost effuct that the constituents of flour are com. | spparel ube canprocure, That workman is an bustible, aud when diffused through the air | exception who does ot take pride in having buru with grest repidity and with explosive | bis wife and childron fun as good and as fash- forca. Dr. Sautus, an English chemist, Las | jonable Sundsy garb ss their neighbors; and shown that flourin s Hno state of division | nothing is mors general thau to have articles gives off a gas, which, when mixed with nine | of womanlyatlire * go out of fashion " simply volumes of air, forms sn explosive izture | becauso they baye become **s0 common,”— which 16 liable at any time to be fired by a | that is, overy woman bad the same thing to spark or flame; aud Wixsz, s German | woar. chemist, states that four in the form of i | ‘Fle man who would mssert that carpets o sumption to hold that this law is responsible for tho coutinuation of the distross, much leas for the entire period of depression, Having committed himself to the proposi. tion that wo must trace all nur woes to tho Resumption not, since '73, of course Voonuzzs proceoded immodiately tocontradiot himself, Ha then denied that the Resumption act had “anything to do with equalizing the valuo of gold and paper curronoy, aud eaid that this appreciation of greeubacka hias boon the result of tho popular confidence and reapect which our natfonal paper currenoy has commanded and always ought to commaund without any promise of redsmption,” The influenco of the currency in prolonging aud increasing tho general distress hias been in tho gradual appreciation of ita purchasing power, which has amounted within the last fow years to 20) per cent of its face valno, This apprecia- tion has operated to swell debls, and to de. preciate the prices of property, in proportion to tho incrensed purchasing power, Now, if this process has been iuaugurated and con. tinued merely by reasou of the public respect and love for a paper wurrency, how isthe Re- sumption act responsible for tha pernisious results? If this process is to continue for the same reason, whercin is the good of repenling tho Rosumption act? It will be seen that Voonuees' argument s utterly il. logieal aud coutradictory. ‘Phe drift of Voonurrs' spsech was to pro- mote the bolief that there has been an enor- mous contraction of the Government cur- rency during the years succeeding the poaio, and that such contraction has beon the cause of the hard times. As a matter of faot, however, thero has been no contraction in the Government currency, The Troasury atatoment of June U0, 1873, preceding the panic, showed the amount of United States currency of all kinds (including fractional ocurrency) outstanding, was $401,627,207; the statement for April 80, 1878, shows the Unitod Etates currenoy outstanding to be $:03,019,098, but besides this there is an actual ciroulation of $12,000,000 of silver, of which 38,602,000 is subsidiary coln. This makes the present volume of Government nioney in circulation now about $406,000,000 as sgainst only $401,527,267 in 1878, show- iog & littlo ezpausiou justead of contraction. ’he National Bank notes have decroased from £339,081,799 1 1873 to $321,646,059, but this is not contrsction of Government currency. Nor is this shrinksgo of $17,000,- 000 in National Bauk notes the cause, but only one of the results, of the hard times. Under the law as it stands, the Nationsl Banké bave authority to increass thele circulating notes indefinite- ly, aud of* course they regulato the awount by the demsud wud profit. If they could bave loaned more wmouey to advauntage, their circulation would have increased; it has de- creasod siwply bocauss thers was no profit 1t may be judged by the. composition of examine carefully into tho causes of his fail- tho Committas tho laractar of the bill for | i and resolulely refuso a discharge whon squandering public taxes which they wonld thio Lallarg hus aon} )‘1’ “’;“ 05 gTOSS Teg: roport to the Houso, and thelr action is not ligence, dven lhouq- there be no actual, tan. discordaat with tholr sntocodents and Tocali. | 81510 fraud, they will find the Dankrupt lnw ties. They report in favor of taking out of a““:“bh coadjutor lu thelr efforls to save the Treasury tho following amounts of taxes W8 rguan: = — = for ralsing and strongthoning levees ond | 1o nad Jong been fooklng through the Wash- closing crevasses and broaks which tend to | ington Post for some expression of opinfon on give new outlots to the river and low- | the actiou of Congress in withlolding uppro- er its floods: 403,880 below the | priations for tho District of Columbla sthools, Obioin Missouri; 100,000 in Tennessos ; | at the risk of having them closed, and many $1,209,180 in Arkansas; $178,000 In Missis. thousands of children left without a chance of sippl, and 677,750 in Louislana ; and for getting an cducation, hence when we came raising and strengthoning the lavees on the "';?’l'_':l‘::;‘,‘:N:fil:.fi:":;fi‘:'&':":‘,m" of our publlo Lower Misslaaippl $1,000,000, aggrogating g‘h::;(»‘ll m-'rnnc “c:t::‘mlrn o, the children of this stric of funds, ?:':: ln.xfigu‘;)d:lhl:xz;}v;,:lf:‘:h:nDI;::l:tmnozr:; We rejofeed and were surprised, Furthor perusal, however, disclosed the fact that this cravaaso, about twonty miles sbove New | jyuiznant exordium led up to a uotico of a Orloans, which diverts a vast quantity of | clieap clothiug house. P'robably the Demo- surplus water into Lake Pontchartrain, | crats think of tho schools as the Indiana saloon- and thonce into the sen. 'This brenk | keeper did of the churchos—that *they are the in the lovoe of the Mississippl has | d— things that are rulnlug the country, lowored {he river in high water from 1 five to six fect down at New Orlonus, Tho total colnage of the month of Aprll was and above the break it has lowered the floods cight to ten foot as far up ns Vicksburg, and 2,503, 000 given considerablo reliof o long way farthor | gjivor and gold.uesses vee sesssoo s 143020 up tho river. After closing this outlet at & | Thosilver became the property of the (lov- cost of soven hundred thousand dollars to | erumcnt, it having purchused the bullion, The the Treasury, tho bill provides for a further | gold bulonged to fndividuals, the mints L;hurg- egpenditure of national taxes of ons million | inza suall selguiorage for colulng it. There for raising aud strengthening lovees” in | 9N stands mreo-olll.'dlnh“‘ul hl per cent between tho value of the gold and the paper currency; Toulsiai, n;A‘ |umntltn : l}:?“;n' l:):‘“ but that small preinfum prevents the gold trun: shutting up the outlet into e Lontehar- | o 4ing freely Into the circulatiog medium. The train the river will be raised from six to ten | Goyernment, however, has commenced paying feet, '“‘:l ]:“-ll ‘roqnln 7:1’!“ embank- | out Its sllver in redomption of greenbacks. meunts to hol t from spreading over the o —————— bottoms, But the building of the levees WaTTBusON says “that the present Demo- necessitated by shutting up the Bounet | ¥atlc Housesesming to want tododge tho Elect- Carre crevasse iuto Loke Pontohar. oral question fmplies nothlng. The last Dom. ":';; will give monsy to enntmwr; ocratic House was weak enough. This one is puelllantinous. In what reapect ** puslilani- and work to gangs of laborers. As Ros- | jmous®i ls it because tho Domocratic House xuTeoN wants large sums of public | will not allow the payment of Southern clalms, money expended in Louisiana as the price of | fearing to do so till its party zalns contral of # yoconciliation,” it could not be spent | the Guverument? We cau't think of anything on embankments unless the short-out out- | €lso that \\'Anzuw: can refer :o. I:;u. bas he lots which the river has made to the sea | RO sasacity enough to perceive that i tho sre first stoppedup. ‘Thowater In the chag- | Prescut Democratic Houso comuicnced pusafok biils to pay Rebel clalms while thero is s Re- el mmust be hightanad ix 10 ten foot axti | bciea Genate, It would huvs the elect of s0 clally by damming the outflow through the | ajarmiug tbe people of the North that the uext crevasses into the sea, and after that {s done | House would be lurgely Ilepublicaut the necessity for ralsing levoes to keep the o i river from overlowing the pIAntations be- | Guuwn Raoroe Miok Aay 3 ihe +*Nation- comes at once apparcnt. Hence, we find the -l-‘; in thi ) ubarh ary tnllluxu‘? lh: pnmlln Tonzason Committeo propouing to expend | 15405 B4, % ey ok, Dankes il 1o vote thu Green: about three-quarters of a million to close out- | buck licket. 1 think; however, tho fret duly of lets, and then !h::l mlllio::'to r;ln nmb;':}' t';‘.‘B:." mlél‘n:clnl T“cn’n’r“e‘}%}‘pr%fifll{’x"?n}’”fi‘%{%fi ments to retain the dammed-up floods. s | 8u lvsue, T an) desirous of knowing how I ought to as 8 first inlldlmsl;t;hvh:tx; Alldt:;:. tht::nl gé’,:s‘h'lli‘,l,dfi' %L“?::L},%‘;%?}fi':;::%;;#%’: outlets are c! t is estimate ero at will helb me to understand tuls quustiony My tine ls Umited, and it ) rcialy ost sultable. lon wou - Lundred 1l ““', ot nu::nuht:'x:; £0 koop | on e riad *Hompectially, W, RN the water from flooding the p e As our candld oplufou is assed, wo fecl con- It another outlet were made s few miles | yyroincd to confess” that & steady perasal of below New Orloans into Lake Borgue, at | Tuw Cuicago DaiLy Tuisunn will do more to & cost of §150,000, it would lower the river | calighten you ou the currcocy problewm, snd There are signs of troublo again on the Toxas border. It appoears that the adherents of Lenpo, cx.President of the Moxican Re- public, have long been quietly maturing their plans for an invasion, and the Govern. ors of several of the bordering Mexican Btates have beon weiling the opportunity to join nny movement of the Lerdists which might promiso success. Lerpo himself is roported as being very activo in forwarding the now revolutionary scheme, his base of operations now being New York City, whero ho is attending to tho procuroment of muni. tions of war with which to arm his follow- cra. 'The most sggravating fcature of tho nows is that these revolutionary bauds ore not only threatoning the official tenure of Diaz, but are inciting raids from Mexico into 'Texas, lLoping thereby to lforce tho United Btates troops to follow the freobooters into Mexican territory, and thus to complicato the relations betweon the two nations and fncidentally aid the dmbitious Lesno in the accomplishment of his purposo. A correspondent at the seat of war predicts that Lenvo will eventunlly succeod. i $1,038.020 Secretary SmerwaN has commenced re- deoming groenbacks iu legal-tender silver dollars, Resumption has really commenced. ‘The first installnent of silver dollars, £50,000 in amount, reached the Chicago Bub.Trons. ury day befoto yesterday, The silver comes from the Philadelphia Mint in bags of $1,000 each, ‘Two more shipments of §50,000 each will be veceived here within o few dayw. Any hanker or business man can now apply at the Sub-Treasury and get a bag of the silver dollani for $1,000 in greeubacks. ‘This money is received at the Custom-House in poyment of duties on imports on an oquality with gold, aod is a fuli legal-tender for ev. erything the same a3 gold. It is worth sbout one.quarter per ceut more than cur rency at presout. The Hecrstary of the ‘Treasury is decirous of baving the new dol- lars disseminnted among the people as fast aud as widely s possible, *'The rate of coin- age is something loxs than a wiltion of dol. lars per woek. 'This is a currency expansion that will do good. It is not **gas” or “wa- ter," but the real stuf—honest, hard money, and the ancicut coin of the realu. ‘While the Democratic Congressional Cau- cus Committee has decided that no resolution looking to sn investigation of the Florida. {fraud question shall be submitted next Mon- day in Congress, the opioion is very gencral in Washington that an investigation of sows sort will certaivly be had. The Tivex Burcau of Frauds is busily engaged in the collection of afidavits to sustain aud piecs out the Mclax and Dzxvis yarns, .and it is undenstood that tho industry and liberality of the Burcau r Yulce, of Fernandins, one of ho left the Capltal ot the tine of scconsion, 18 waor in Plorl o the Prevident of & ratiway, and so popular I . Htate that he could go back to the Bonutess L cholce of both parties. " An Towan poet, in the courseof & petl- tlon to Congress sgainst a hom atead-graoding law, drops Into poetry, as follows. = or wat T‘ n’o':“fiu::"tit"}".:»‘.:? “‘;:.;“:"‘Eu Common, R The Marquis Antinori, now at the hesd sa esplaring expedition in Africs, wiitet, m‘: Mahal Nonzs, In the Kingdom of Bhoa: l““ very happlly residing among this raw-a twlm people. The King, as tho lowest of H:!' 7 goes barefoot, dresses Jike the rest,us g D:‘h for & snife and fork, and wesrs oniy 8gold DB: his gressy curly halr e the sign of bis Royt k" [ John N, * Genlun, the hatter,"” died at '.‘ York on Tussdsy. 1o was a tepat n Baraa® ‘Museum butldiug, snd, o give hllhndlbflll.‘ o3 send-oft, bought the Arat seat for the 0rsl JSTLL Lind concert in 1850 for §225. **W hn"lll o sald the auctioncer. **Genin, the Hatter, l;l"m the purchaser, who next day was knows 8! e the city, snd made 8 fortuno a8 tbe result © advertisament. i Triumph of virtue, etc., in London o clety: Mr, Daltassl, brotherof tho mvlw-n" owned the Derby winuer of 1870, hse ®iFL/ Nellie Bromley, a handsome snd popular ac! e He is rich; sne is weli-to-do, Bbo wss 8 P o Qloucestershize giri whom the Duke of u'l::m- brought to London as bis mistress; be alw 4 ed tho desirosbe bad for fsme upon ibe l“" Thero she captivated Lord Carriogton. & ¥ friond of the Prince of Wales, who acquit e from the Duke of Beaufort, who did toe hao! tbing by berins fnanclsl pointof vlc'i Carrington wasted to marry her, bot hisarist e ma woulda't have it, sad jost at this m»m::‘ = Baltazzi camo slong and was faacinated wascled Bim, £