Chicago Daily Tribune Newspaper, July 1, 1878, Page 7

INSURANCE. Blighted Hopes of Sanguine Underwriters. How the Communist Question Troubles Them, A Twonty-one-Million Policy on the Eric Rallway. Antli-English Antagonism...The Globe Life Oasc. Too WMuch Furborism in the Universal Life, Special Correapondence of Tha Tribune, New York, June 28,~The hopes which wera 0 fondly entertained by tany of the principal American underwriters o few months ago, when the Natfonal Toard adopted its famous resolution to ask the opinfons of companles upon the feasibllity of a moveinant to rostore rates, have been blasted by the fafluro of suf- felent respouses (avorable to such a combina- tion to make {t a suceess. All the companfes previousls known to bs in favor of the move- ment apawered promptly and satisfactority, and even many of those not knawa to be In favor of it, but the whole numbuer is still only a minority of the companies, and the outslders are not only too numerous but too respectable to be Ignored In any effort to restoro rates. One of the sur- prising things about the old Natlonal Board was the hlghly exalted opinfon Its chief members heta of thelr own prowess and thelr ability to crush any serlous opposition to the Board be- hests. For inatance, Mr. Oakley, the Pres. fdent of the Bonrd, In o conference of sgents npon a particular ocenalon, in referring to the refasal of a large Philadelohfa company o foin the Board, and ks practice of shading Boar rated n triff, remarked tlmt the Influence of the Company in question was altogathier too trivial to be considered, and that in fact ita poll. cles were not regarded as Intrinsleally worth so much ss Board Companics’, and therefore it was dismlsscd 98 of o conscquence, No such mis- tike as that will be madesgain, The Hoard Companies want to ndvadnce rates, but they are unwilling to try and foree thoir ideas upon com- munities of hn‘u cltles, uniess they can euter 10to & conbination of rulllcient strength to die- tate rotes, Consequently the refusal of 30 many companies to consent to such. a combination hins brought the whole movement to a stand- stlll. 11t 1a decmed worth while anothor effort to elicie a8 moro unanimous scntiment in favor of such a schemeo will he made prior to SBoptem- ber, and It may bo more sucacastul, . TUE COMMUNIST QUESTION {a the source of considerable dlsquict among the companles doing business In tha West, In Its re- 1atlon to possiblo contlagrations growing out of the movement of disaffected laborers. There I no lability under the policies of fire-insurance for losses causcd dircctly by mobe or riots, but it 1s casy to Imagiue taolated fircs fostigated hy the mab sentimont, but vot Immedlately traco- ublo to the act of lawless persons. Unless con- nectod with o mob aascrublage, such fires would como umler the head of orainary arson or In- cendinrism, although they mignt be tho dircet product of tho oolagonism of strikers or rioters ogainst the owners of the destroyed property. Ience the fnsur- rauce companies are strong consorvatives in favor of thu most rigorous measure for lhe repressfon of mobs and mob-laws. In this city thuy have been liberal contrlbutors to the Sey- enth Regiment Annory fund aud othes mititary organizations. There” f8 some talk of making the policies ore strinzent, 8o as to embrace rivate acts of tucendlarimn durlng tho preva- ence of mob-law or assemblages of mobs,—but 1t 15 almost impracticable to draw the line with- out fofllcting reol Injustics upon tunacont pace ties. Privato grudgos may Lo gratifled durlng s perfod of excitement §n a manner which woulid At leave fusurunco companics llablo for losscs thus Incurred; and It la not surprising under tloss eircumslances that tho companica are-s0 vitally {nterestod fn tho threatened storn, Beyoud the cxpression of tuls sentl- ancnt, 1t 13 doubtful It aoything more will be jone. A DI INBURANCE doll, A half-dozen of our lendiug brokers were in- vited on the 13th to ofter proposals for the ju-. surance required on the proporty of the reor- pantzed Erlo Raflway, The only datn furntshed was o lat showlox the value of tho soveral classes of property,—s0 much on stations, so much on rolling-stock, ete. The total was about 821,500,000. Bidders were required to state company ond the total premium, as well as av- erago rate for the whole risk. Proposals were ol scaled, and ou the 18th were opened jo the presence of the Doard of Directors. They ranged from $35,000 to $00,000, and ft was un- derstood all the bidders deslzned botllng down tho liat of values 80 os to moke o policy of about 85,000,000, di- vided in such a manner as to cover the cutire property, The victorlous company was the Royal Insurance Company, the same which held It In {enn previous, and thelr speclal ugenta since then have Leen effecting relusur- ances sufficlent to relieve the Royal of the larger lines at particulor polnts, and “reduce it rlsks toa minlmum, There were many weeplugs and walllngs among the disappointed, and certain partles who thouglit thoy had the fushle track and wero (o have the preference on account of personal fnfluences wore disappofnted when thoy found the cold logfc of lower (igures left them out In the cold, L’l‘hlu I3 the lurgest fusur- unce contract which has over been placed In this city, nithough the total premium {s by no means solarge aa it has happened to be on rallway property In former years. It was a morsel more tempting to ugents than to compantns. TIE MARINE RATES ON TUB LAKES, The New York companics doing business on tho lakes ors lmmensely disguated with thelr own fallure to achicve success in cstablishing what they rogard as u fair tariff oulake cargocs this scasop. They are resolved to carry the businces, and have s professional pride in stick- ing to the trade even on & Lasls which many of thew reyard as rulnous, 1t Is easy at thls dis- tance to assign this and that reason fo account for thu substantsal fallureof the new tarllf, bug before these Hines are printed a new develap- ment may complutely upset tho situation. Soma of the companies have secrotly resolved to etick at tho best rate thoy can obtaln until the firut weok {n October, sud then sdvance rates oF rcluse the business, with & hope of s caping the autumn losses. Probably In the wholu range of underwritinig thers s nothlng moro tempting than the nzerogate of bremiums offered by the lako business to s Rood come puny, and at the samg time outhing more un- certaly, bissmuch as s company tnsy roll up {;:‘l“’,‘"{\““fll! ::d“:he:{ r:ta for six gnnnths with- ] ¢ " luse the guins of m'::tllx:- “‘}:’1‘:‘;:} ! 3 warkable tiow the eo ol year after y‘nr atick '.on:fi:‘ m:e: B barw logk THB OLL COLOXY ATEAMBOATS. ‘Tho firo-fnaurstices ou tho large steamers of the Old Colony Steamboat Company—the Bristol, Providence, Newport, Old Colony, and Metropolis—have just been renewed In thls market under circutnsiances that savor of g suppressed scandal, This insurance has been for many years placed by a firs of New York brokers,und ut rates mmore satlsfactory to tho Owners thau to the companles luterested. Thig year, the story ruus that the Doston inagager ©Of the steamboat Nuc mnude sn effory to secura w reduction fu the rate. The New York broker, havlng gradually reduced the rate frowm 234 to ) per cent, felt tlat they had touchied hottom, The vompanies d them the same thing, and hence thoy were Yery stiif upon that question. But rivala were ut work, ad, out ofa conforence wheren it was ;«;'ced Ly @ few companies that the rates could o ‘bclrudm'cd,nnlco little story was carried M“‘J““'XIEI ‘ud boured Inio the ears of tho steath- B p:“ ::a 2, 10 1he effect that thelriold brokers Cintes lw&" lob and wero persuading the com- Caung ok Lo rencw at leas than old rutes, be. ¥ e Y Werg bound to get that rate suyhow aunl of tho very largo line required on vach wat., 13 sald the Bostou Lo ans wazed :nl;:t" e wroth, and \'uwe«‘; & vIw Be Mors should ths New York eilows by, : bave 4 chano e wnreulently m‘"‘klm A Boston broker, Do Sad T wus given the order for re- “':;:"lll'-‘l)tl vaime Lo this city at ouce to renew he Ix.m-m“,“,"m forwer rite, The chavge lu urasin L 0F 8 cousta of wiilions ol steamtont W Gyent that b atlrred up w vast THE CIIICAGO TRIBUNE: deal of gossip, nnd, while wo are glad, ethors wre very mad about it. INAURANCE AUPERINTBNDENT'S DRPARTURB. Insurance-Commissioner Jolin P, Bmytho, having come off with flying colors In his trial belore the State Benate, Inst week atarted for Kurope for & summer vacation. 1le fa Chalr- manof the Republican Btate Central Commit- tee, and his volitical friends chartered a tug to accompany him down the Bav, but the fnsur- nnco fraternity, although anonymansly fnvited, very unanimonsly stayed sway. Mr. Smytho may bavo won golden opinlona from all sorts of peaplo during his offictal eareer, but the in- surance peoplo are not amoug them. There ars reports that he fntends to institute investigs. tlons fnto the condition of sundry English companies while abroad, which would be & good thing it Mr. 8mythe wera compatent to do 8. It tis eMclent deputy, John A, McCall, were ecot to England on such a missfon, we might get hold of some exceedingly valushle and In- teresting information concerning the tnalde of those companies. Doubtless Mr. Bmythe has #ono to Europe un o frolic of his own, and Lis persoual presence In Eurons will have aa little cffect upon onr Eoglish [nsurance interests a4 hus prosence hors, aside from the work of his leputy, had tpon American compnnies. THE APFAIRS OF TIIE GLODN LIVH, ‘The offlctal report upon the condition of the Globe Life was not at ail complimentary to its officers, and the Company barely cscaped an fmpairment which would have endangered its nolicy-holders. Tho offcct has not beou par- ticularly encouragiog thus far to the future usofulness of the Comipany. Tha case requires prumpt snd herojctreatment. The Department investigation was thorough, and loft tho Com- pany with s nominal surplus of §13,000, but this was basod upon ap appralsement of fits morteages and real ostate, which, howaver falr snd lmpartial, would prove excessive in casa of an emergaucy. No life company at a forced solo could got the sppralsed valuo of its real-astato mortgoges, ond tha Globe fs no exception. The Insursnce Do. pertment advised a change in the manogement of the Company, which, it fs un- derstood, will take placo as soon as the old oifl- cers are rcady to retire, The Presidont ls an ocLogenarian, who ought to bave left the U pany long ngo. Iis son is nnother officer. Those two tozether have managed to inake some very Injwdiclous investments of the Com- any'sfunds. Thero Is cértaln part of Brook- ¥n which §s known as the Globs Life district. It ambraces scveral rowa of hrown-atone [routs and a_magnilicent church, oll the property of the Giobe Lifa under foreclosure suits. “The church and most of the houses are rented, but thuy are not cholce nssets for a life-company. The Glabo's policy-holdera should Inafat upon a change of management and a vigorous pruning operation to lop off all dead asacts and unnceus- sary oxpenses. Asale of itsclty nunding wonld lkowlse holp the Compauy through Its trials safely. TUB *UNIVERSAL LIFR ' NECRIVERSNIP, The aix months of grace silowed to the man- agers and Dircctors of the Universal Life, to procure the conscut of Its pollcy-holders to n reductlon of its Haldlitfes by scaling thelr pol- Icles, having expired without witnessing the succeas of the scallng movement, the Attaruey- QGaneral recently notified the Company to show cause why a Recelver ahould mot bo appolnted. A trifling oxtenslon of Llme was granted, but the Compavy Is bound to eo luto a Rocelvor's Lands, and then good-by to Its mesets and Its policy-holders. This Is another iHustration of tha connection In tho mindsof parties intorosted between ineiliclont or dishonost manarement and acompany’s misfortuncs. Afterthe Charter- Onk fallure, the Univarsal becamo the sole leg- olecol lhnunpupulnrlt_vo( Henryd, Furber, and it was Furber's manipulationof this Company'a funds In his own pecullar manner that zave the Unlyersal its death thrust, The understanding haa been that Furber was to loave the Company. 1f he has, his heirs have descended to the gen. oration which succeeded Bimyand virtually killed the Company. Furbor has not gotten throigh yot with his Chartar Oak troubles at Hartfory, and the troubles of the Universal on his no- count are probably secondary. As s wrucker, ha 1o & succesa, " AN ANTI-BNGLISI COMPANT AGITATION. ‘The ropresoutatives of English companies in this country breathed freor when the recent maodel Congress adjourncd, for pending before a committeo of the Ilouse of Represontatives ‘was a sweet little bill taxing tho gross premiums of forelyn compuuics 10 per cont for Fedoral purposes. This bill was (otroduced by the momber from the Nowark, N. Jd, alstrict, but It s thought ho was only the lustrument . behind which other partles woro oporauing, The Eo- glish companies, shortly after the bill was fatro. duced, held a meeting todeterminatbielr courso. It was resolved todo just nothing at that stage Leyond indlvidual representationa by letter to a. fow members. It was thought that any roalst- auce to the bill in its early stage would provoke lostitity from Ameriean companfes, and there- {fore it was deemed wiso to keop quiot., Tho bill was siothered In Commitieo, ana the En- gllsh sgents aro happy, Yet it 18 not {mproba- bla that this {s only a prolude to sn aguressive warfare upon forefgn cnmimniua In Congress, which will serve to keop tho companies Intor- eated In conatant hot water while Conurcas fs in sesslon. It can never bo passed excepting in the teeth of the sentiments of nine-tonths of the business-mon of thia country. At tko bot- tom of all the movements de-lgnod Lo oppross foreign companies s a little ring of New York local eumpanles, which ought to be oxposed by eiving theirnamcs. Thoy nean mischiok, butare gshanied to own it, and hence are oving very secretly and stealtbily to accomplish thelr pure boses. MORD BNOLIST COMPETITION, Considering the aforesald opposition, It must soom passiow atrauge that more Euglish com. pantcs shoul? bo lavited to our sacred soll, In- vited! Why,' the next White Star stesmor couldn’t contain tho peaple who would goto Enzlaud to-day if thoy were only in the least encouraged to balleve they could drag, pull, of arive over horo aoy English company, and se- cure its agency. Invited! Why thore fan't & respectable company in England, Scotland, Walos, or *‘ould Ireland " which has not been fmplored, begwed, entreuted, and beseechsd by sil sorts of ments, nrcm\nl. luduceineuts, appeals, and influences to estabilsh an agency In Now York. There are Americans now in Europe urging compunies to cowe here, aud the number of letters of introduction written to influential bankers, merchauts, and othera ubroad, on hehalf of Now York underwritecs who want au English company, s simply fah Tous. One ship's mail would nos hold them Accordingly, the whispered ruwor that » proi fnent uglish compuny (s eve of coming to this has excited tho ~ livolicat curlosity, au doubticss there will b all over tho West reud. era of this who will wonder what {s the usms of ¥y and who will bo Its representu- ce 1t to say that the Company ls now doing buatucss in Callfornls, and bas for many years been rupresented In two of the Bouthern States. 3More than this {8 not yo per- mitted to becone known. HATES IN NEW YORK. It was thougnt, some time ago, that rates would rapidly advance in this clty, but, excopt- ing the spasm in the dry-goods districts, the hopu has proved dalusive. The companies have gone on from bad to worsa solong that it scems as it the bottom had been reached many times, Times are dull, aud the companics waut money, —svrme of them protty badly,~and cousequont- Iy they keep on acceptivg risks at suy rate offered, A war on dwellings was fnaugurated severa) years 3o, and s vaging yet, Therels a report of svveral local vompanies growl- {ux wildly from the loss of uear- ly 8109, on a cholce dwellluz risk, taken/for threa years by a forelgn company ntusrlco whlch brouxht the premfum only s fow doliars for the term above that pald last yoar for ons year's insursnce. 8till later, it ls reported that a prominent eum{luylnlalyvmlw a Fitth avenus dwelllug for five years for 83 vents net, In fact, dwellings can be placed at any prico aimost, and the companies wre in the posliion of the auctioneurs who advertise in sdvance, * No reasouable offcr refused.” Then ihe rates on bonded warehouses, which fn the winter wero tolersbly firm at 30 cents, are now quite easy at 83 sud 40. The notion that reform In tnsurance rates must beeln in this city wonld seem to boe & dlamal one for uuderwriters elsewhere. B0, ——————— .The Colorado Desert, Ban Francisco dlig. After all, the great prublclfl‘l trrigating the Culorado Descrt may bu accomplished by uatural mueans and without tue expenditurg of vast suws of money, aa bas beed provosed. The Arizona Seutine!, lu reviowing tha subject, draws attention to the fuct that the surveys made fg 1vBof the desert lying west of the Colorado River and extendivg Bstu Mesteo, deigoustrated fully that it wus cut off from the Gulf of Cull- forola by the sedient depoaited by tho Cola- sado Kver. The old shure’ liucs are distinctly recoynizable nwlynr in 8an Bernardino County, and great beds” of oyater and other marine shiells atteat the prosnnce, at no very remote dny, of mea-water at places from which it {s now 150 miles distant. The Southrru Paciic Rallroad crosses this drfed-up part of the guil, running for over sixty miles at levelz from one to 210 feat below that of the sea. Tho Colorado Riverhandeposited sand and mud along 1ta course, until its bed s, In 1 fully 471 feet highier than It was tn the old days, whon it emptied into the guif at Jeast 100 milns nearer Yuma than It docs now. It coutinned to plin up sediment untll a dam was formed, reaching arross the gulf to the Lower California shore. The head of the guif thus Liecame a lake of saly water, and, eing fed by no streams, gradually dried up. This dam now sveraies only s hofirht of twenty-saven feot above mean high tides, ‘The Cotorado now flawa to the south of it bur rome trifling change of fts currents may ye! caure {f to cut away the dam to the north, and to reconvert the descrt Into alake, This dues nat » an lmposgible as that the river should altandon its old hed, north of Fort Yurna, and force ita way through a rocky hil}; yet we all gan sve that tho lattar has actually occurred. HARD TIMES EAST. What & Chiengo Man fnw and Heard Dar- Ing & Vistt of Bix WeekaIn the Esst. v the Edllor of The Tribune. Dovan, N. H., June 24,—Having heen absent from Chicago setas aix weeks, during which time I have visitod many sections of New En- giand, and been brought Into contact with men engagedin every variet b business, and laboring {nalmost all tha various Industriesof that section, I am prompted through your columns to give Four numerous rendera an fdea of the condition of business here, and the condition of the labor- tng portion as compared With the same closs throughous the Northweat. % 1 'l‘l not expecting to find business lively, or the laboring portlon living 6 i the times fol- Jowing the War, or immeiliately hefore the ‘panic, but 1 was entirely unpreparcd to find many branches of busincss so completely pas- alyzed, or such evidence of dostitution amang the people. I have spent most of mylifeIn thig scction of the Unfon, except the past six yeals at the West, but § bave nevor seen such lack of confidenco, or foar of prosccuting busi- ness horo, aé now, nor did 1 ever before sco strong men trembling with anxicty to get work to ensble them to supply actnal neces- sities, It waa not & question of Aow they should llve, but rather could they uet enough to live at all, and Jive any way rather than be sunported by tho public at some of the pauper institutions. I do not know of any ono mora deserving of sympathy than & capable and rugged man or woman, not only willing but anxious to labur ifor the support. of themseltes and these do- 'hendont ‘t;%?m them, and_ vt Now England s full of such, not trainps flecing from work aud buggging from door o door because they want to do 80, but men and women begging in actua) bunger, and lmmiry hocause they cannot find labor by which they eould support themnselves ami their Mttle ones. And whon work s o)- tawned, such low prices ara paid for it that only tho absolute and coaraest necessities of lifo can be purchased. A shoe-manufacturcr lu New Hampshire told me that he was able to et all the lllrpers made by workmen lving near his factory for ™ 83 per sot, of sixty palrs, and said it was a good wueks' work for aman to mnake them, That mennt B0 cents & day lor the shoemaker, with which to board himself and his famlly, pay rent, ond find fuet and_clothing. Thoso ™ men, and mon like thom In other occupations, ara the on from whoin the country storekoopers de- fin thelr profits, and thay are suflering in turn, for tha workmen only purchase the actual necess!iles of life, and, with tha littlo they have to buy with, who blames: themn for ,nm.- hasing what they do et at tho lowust posaible pricest Hardly a country trador with whom I coun- versed but told me hlstrade was profiticss, and that It wus almuat impossible to collect ithing whore ho had mdven credis,—~whilo in the larger towns and citica It was worse in theso rogarda than {n the country. Farpicrs masured mne that they could got the liest men to Jabor ou tholr farma at 50 cents per day, commeuving with the rising of the sun and working unttl 1t went aown, and only empluy- Ing thom when nceded, leaving thom entirely unomployed stormy days and manf days of fair weathor. When credits aro hardly grauted st all to men without means, it fs casy to soe that destitution must prevall under such cir- cumstances 10 an alarming sxtent. A physi- clan of lung and extensive practice {n what has beon & thriving New Enaland town, told uie that he actuslly dreaded to Luve s call toat- tend fully three-fourths of the community around him, for the reason that it meant long drives or ropeated vislts without o prospect of one cent {n paymont. A day spant in Fall River, or several other manufscturing contres of New Englund, will show a mostdeplorable condition of affairs, and want, never supposed to exist autoug such avi- donces of past wealth, and the spirit of discon- tont and compialning, show mora danger of pub- Jio outbreaks and damage to person and proper- ty than the people of Chicago ever bad causa to fear from f{ts Communistic element, which Eastorn newapapors considored such a source of danger there. I have spont conslderable time along the sea- coast, whero usually at this ecasun of the year all {8 bustle and preparation for guests mmlur to spend the summer among them, but where lc {a now as quliet as In ourly springtime, and fow guests have abplisd for “accommodations for the summer, although prices have boeen reduced #u low that it Is almost oa cheap to live thers as st thoir hotaes. Notwithstanding the actual poverty of some of the cladaes | nave aliuded to, the poorest faing class I the one who has usually been a Jendor, or uwns real catate which has ‘usually ronted, and whosa living as been from the Incoms In nts or from [ntereat. Runts Liave paid scares) ough for taxes and ropairs, and Ilmnny~lnmfv~ era havo baen growling more cautious with each passing ruv until they are fearful nf loaning at. all, and nstoad of Hvlog on thelr {ncomes are Qecreasing thelr prlncignl by living oo that. Deposits Imve heon withdrawn from the smaller banke tbrough foar, and deposited in safety vauits, or left with hauks of long atanalug with # large surplus, and these banka.growing fearful from the vperilous times, only loan to mea of known wealth, or ou nbundant collaterals, which is eatablishlog » tnonogaly by thote who sre rich, but_is & bar tothe development of suterprise and honesty, uuloss backed up hy so much wealth that thore is noneed for the ox- erciso of thelr onterprisa. Monoy hias been withdrawn from the savings banks which bave hitherto alded euterprises gy loaning them, and put juto Quvornment bonds, rematulng desd capital s far as business is con- cerned. But few manufacturing corporatfons have pala dividends to thelr stockh@ders since the panlc, and many of them are showlng atgns of duterloration and dacay, and the shrlukage tn the selting value of the “stock is shwply enor- mous. Indged It 1ooks as f the various iuterosts of New Enghnd are sullering from s malady from which they will never fully recover, that tho section has secn Its bost days, and has entered upon a decline which oul{ A miraclo can arrest, One of the most unjust iawe ever anacted, or put upon the atatute-books of any Hiate, Is this Stay law of sachusutts, of which ite citizens ave bitterly complaining. Whilo allow- its savings hauke to receive all the deposits Drought them, it protocts them from paying de- itors over 10 per cent per year of tLalmmmt jepoalted, making doposltors walt just ten lun to get back the swmount jotr hese sqfety Institutions. Many of the: sitors n the Mussachuseits savings kK holding §:344,000,000 of the sarniige and say- ngs of the pcople, put thore fu better times) arv now tueding it for aupport, aud for pay- ment of thu dehts thoy have contracted, and to meet losses that they have had fu thelr bust- ness, or through misfortune. Did not equal justics requl law to protect tho mauagers of the: g ks, and continue thein for ten yoars as guardians of the money of au unwiillog mu[lrle. should b accompaufed by another law enjoinhig the crod- tors of thoso depositors from enfor:ing pay- mont from them sunlnr than 10 per ceut of the priocipal rur year: Thia fa tho ides of Massachusets In regard to honoe end fustics to ita poorer, the saving clasacs, whilc ot the same time ita journals ars fllod with editorials sttempting ta destroy all coofldenco I the vatue of Western property, or the Lonor snd responsibility of Ita citizens, de- nouncing us as repudiationists when we' de- #ired tho remouvtization of wilver to arrest con- traction which was wendiug wans futo alinost every household, aud attempting to dustroy the valua of sif our munictpal bouds, and rufu the credit of ovurzflWuuem «lty by declaring they were g001 10 ba contrulled by n Communistic Gorvernment. As s Western man {t pleases me to find that deprecistion tn values of Fmpany bad not buen contined to the West, but bad shuwn ftsel? In the Eastern States as well, sod that it had even invaded Boston, acity whervinen were naver sup- posed Lo kuow waut, or proverty to suffer do- preciation. To show the extent to which this allfig Off [u values bas arrived In Boston | lu- ciose the followluz, cat from the Bostou Journal of about June 5, sud which speaks for ftscll so plalnly us to weed wo loterpretation frow wo: 2 NOTICE ! Fho Becelvers of tho Meckaules' Savinge Laul offrr for pala forty estatss In and noar foston, snd tiin following are fale aampiod of Thank fent, {l.mw; price s Hank Jont, $2.400; price Bank lcnt, §9.000; pric a2 Hanl¢ Tont, §2.009; price nsk-d, g1, Tor detalle and clrculara call at 47 Court etrest, Room 12, Although for vears we have by snffering froin contraction, the approach of resutnption, and the effecta of the panic of 1373, which has cnused depreciation here, atill there has been no Ioaning on real eatate h{ otir sasir.us banks, whase mismanagzement has hieen quoted all over the East, that will coinpare with this, It these loans above quoted were made with the care such fnstitutions dre expected to exercise, amd ubon sugh margins of value os wanrlians of de- posltors’ mune{ shottd bave demanded, this ofter 1o sell atabout 60 ru Lant uh atneunt luaned, showa a epreciation in prices that wa have not witnessed ta any great extent at the West, und most assuredly not in Chicago. ‘The day hag vome when farnting for profit s [-uv.,ln New England, In cunesquence ol the de- orfuratfon of the sotl. never furtilnenough tole cultivated suecessfully, and which forced its - pie ty hacome manufacturers, and dependent for fales to the peopls of the South and West, They hinve made uwlmr Inthe past, but have swakaned to the fact that thero lsamanufactur- Ing entorprise in the sections which have been purchianers before, who are uowiling for the futuru to pay the enhonced prices for trauspor- tation of ‘row smaterlal East, and scturn of manutactured goods from ft which the Weat ond South wmlru, and that this enterprise fa heutnning ahow tacll West in manafacturing there, " oconomical conejderations. demand that the yoods ehall be manufactured where the msterfnl s vroduced, and the articies consimed, and this will Le {ncreaked with each voming year, when our rasources are so wonderful, our” supply of cual for power 80 unllntted, and with 50 niany willing hands to make this power and machin- er{ avuilable. am satfafied that thers hias been o such de- presaton nnd destitutton Weat as here, and § aum canvinced that gooi! timos will firet commence there, from the fact that the soll s toe orliglo of wealth, and whea labor is applicd to it as it {a there, nothing but s failure of our crops for 1578 &wmch seent DOW wlinost assured), or an epl- etnic more severo thun ever known Iu all [ta '}m histury, cau tong delay @ retumn of h«’l‘tcr thinea, . MARINE NEWS. PORT HUNOY, fpectal Dispalch 1o The Tribune, Pont fynox, Mich., Jung ufd. L'y prop Oloan wwent uehore near Lexington, and was rescupd Ly the tug Mocking Bird, [Ivreturned with & brokeu whesl, The Mocking Bird went to Bay City with her barges, and will tow {lou to Buffalo. The lean will ropair hora. Pour Hynos, Mich., June 80. —Passcd np— I'rops Arabla, Starucca, Lewla Qilbert, Silwan. Eee, Aborcorn, W. . Harnum, Huron' City, SI. ul, J. Hertachy, Idalo, 1. Colurado, Victoria, Jay Gould, Direk barucs, B, W. : d barges, Coffinhorry and bargos, Peasalc . Obio nod barges; schra Ked, \White, Filuiore, T. L. Joues, C. J, Magill, ] ¢ Yosem|te, Mockinaw, Marine City; echra Hiamnrck, T. . Howland, D. 1. Keya, Sons rd, ftegina, Charlie Crawford, Homer lins, ampire, Wind—Sonth, gentle, Woathor—Fine. TNE PERHTIGO'S MEN, Capt. Peter Lynch and the surviving members of the crew of the loat achr Perhtimo, which snnk off the Beavors In a collision with thy 8. Andrew, ar- rived hare yesterday moming at an early hour, on board the Pestitigo Com ;:"n Iur Clumatie, They were takon from the sche ¥, V. it Wateon, which plcked them up after the disastor. tha secident that cost twa v, nd their curgoes ha The news of d two valuahle roady sopearad in p . Capt. Lynch aud bis oty proceeded {0 their fomios jumediataly on touching shore, NAVIGATION NOTES, CHICAGO. The schir David A, Wells lelt for Grindstons City “yostorday to obtain & cargo of grindstoues for thla purt. The stmr Flors took an excarslon party to Mich. fyan City Saturdny cveuing, and returned laat eventug atter a good passage. Yenterday was & splendtd day for safling, the lake was dotted with the yachit ficof and anal] sall-boats, Twonty-Gvo yessels wera ot the Lumber Markot last evening. ‘The Canadian steams-large Luthaie was among thera. ‘The tug Albstroee Is engaged 1o carrying pan. aengors froin the breakwator to the Guvernment pler, and hiag o compotitor {u the shupe of the awift little steam-yacht Pot. ‘The warm westler has given an tmpotus to pas- sauger travel on the Jakes, aud the Northern ‘Transit hoats and tho Goodrich sleamers aro well patrontzed st present, 'ho large sud tne tug James McUordon, of Muskegon, visitedr this port yosterday. She towad the schr Rousa Simuions from Mus! *’n t Milwvaukeo, and took & run wp 10 this port, Thers is not a angr.lookine tog in Chicaro thaa tho Mo- Qordon. She leaves for hoa to-day, ‘The prop Jurvis Lord loft for Milwaukes last night with s cargo of wheat, which 1 to undergo luspection therv before it yoes forward, ELSBWIERS, ‘The north pler of the Muskcgon harbor improve- ment §s eald 1o ba falling . At Cleveland, Saturday. oro frelghts wera ma- changed, the rate boing §1, 10, "The Canadian prop Asia has arrived at Milwag. kan with & cargo of furatya eallroad Iron, “Tho scow Cors Dell wae sold by the United States E«;"'m at Dotrolt Inat. week, for $140, 1o Lewls minon. Tao uow st Olty of Delleville made a trialtrip from St, Cathariues 1o Tozouto 1ast weok, and has beon placedon & ine beiween Dellevitle and Pic. 0. Tha schr Atlanta was In s falr way to got off Sleeping Lear I'oint at last accounts, The tuws Crusader aud Mofatt wera workiug at her last week. Hlis wae (ullof water aud badly stove up, $he will bo towed 1o Manltowos ot repairs, I€ gote re cautioned nut to let tholr alo Wiver, neae the foot of Washington atreol, aa in the oveut of their doing o thoy are liable to foul with telophone cables ro- cantly lald agrosa tho river. Capiains of the Northern Translt boats think it 18 baiter tu submit to 8 reduction forthree months, the time auked, ratbor than bava the boats lay up. Tus Company employ sbost 400 mes, sl told. snd , schoonors, ten ofl. Captalns of vo anchore drag in L‘u}mnm get $45 par month. ‘Tl new prog wade an excursion trip at luflalo Jas sy, with botween JU0 and 400 persons on board, including mewbers of 1ne Cisy and County Goverument and prominont citi- zone. Bhe went up the lake twenty.fve miles, and pleasod those on bosrd greatly. — PORT OF Ci110AG0, The following are the arrivalaand the actaal Iugs at this port for the forty-olght bours, unding at 10 o'clock last night: aLyirice, Tiaadolph atpeet Gudries: Lataile reer, n, sundrics. Welssh sveaus. bl o, KFATerae, suindries, Fourtuautly stevat, rlop 8ky Lark, 8t. Joe, lumber, Chi !'l"::ll: Britiela, natiaty drice, Wahdl svEnus, ™y 'rop Jurvie Lord, llufialg, cual, South Hranch. 7ob Aary tiron, Holland, suiakles, O, B & - i 'ze:h:u:-u\:nu. il conls” Nonth e1ds Gaas ouse, . W. Bwook. Wit Lake, lumber, F'olk streas. Trob Trompen. "Walte. Lokes lasaber, Kivutevsth wtreet, ) ok Trsder, Pantwator Jumher. Wahh aragus, s‘l'h)v Ueorge Duabar, wikegou, lumber, Btolson P op Dotomas, Dufalo, vaatsion Wtato grcet. X J. 1L Uwei, Esganabe, ore, N. . Mi| ER T B o &, e i 3. Gron, Ludiagton, luinber, My 2 £ i # z roh & Fridgeun. dr.e Baruls, tuadries Weits 3 it i v Daluth. suziries SFaabinwion sirset. /toy ! rati, tQwing, itush street. o, lowing, oup Tiush straot, {uiTa0, sundrive Ty o fiiinate al{x Hiate street. Clomstin, Teahyo, Lowlng, Hush streot, srup Lothalr, Parey Souud, (utaber, Markst. m‘u Matropolls, South Uaven, suudries, Olark cot, Litir ahetioygan, Manitowoe, eundrios, Itush stroat, UIRE Curoua, BL. Joo, sundric, I sireet Musegun, Stuskegn, wibdriss sl strewt. wulif Cural, Bliver Laxe, luibor, IKinalo atrect. Hebr . 0, Mo, Miskegon, lumber, Alleu's iip. - Hent Mliwsukos Belle, lvauwince, luniver, sawpsun %5 1t 1. King, Mutkogon. alabe Lake strect. Rer ilortha Harnes, Mesiolitace, Jumbe W, Lark, Ogdeu’ g i, Slarkot. udinaton, w3 ftush strcet, Schr Pilot. Ludiagton. lum'wr, Mariet, ¢ Berela, Musdequ, tuninr, A Hhr #ardinta, Myekeuon, lumbor, MarKet. helir Ursbger, Packard's Pler, ' lutver, strogt etjre, (rond Haven, ties, Murket, Sohe 40, s, Bicaion Sry Uik tarnace. Brnl apan, Lu m&xw er, Margot. pene o mes: Yasdenen Mg farcon <hF Jénute Lind, Mu 1o Markei, Eau‘ru"fifru"km Fedirs’s Flen, bork, Diviston EEDF Hattto piabor, Holland. afaba, Chicagu belF Momns Liater, dareisan Sohe A d Jisveu. posta. e It ‘s Caual. B R Twellth o 3 kol Sout 0. 1. luseell. Liaveiaad. €omly NOreh i f6 Gas- ause. ot Jennte Mulling Lulinzton. lumbcr, Lake street, ctir Antares. (irsud Ilaven. tes, Van Rareu streus. #sobir Balolt, El!llfll! bt lud strook, BScbr Milan, Ludington, Kat. Eobr A, Jac! 841 AE Tom Falnes MUsKogus. ichr Kewsunes, Manlstee, lunibei F Mar cotsst, Wuskegon, Tawbor, Stowwa 8ilp. car Willfagl Loutit, Ludintaa, lumber, Markeh behr C. J. itueder, Matistuc, lumber, Market. seur o fl.fluu.{. bark. Oak atfy che L A Siuposns Sfuakecn. buin's Hohr Dictator, Muskegun, Juudel tcfi' Jossle Lind, Escanaba, Echr Clty of Tolodo, Mdeked o behr Clara Muskegoy. lui: 1. o Marget. D 4 4 wai, orY iy ity 3r bars, Dlvlaog saeed, iy b ay e A1 Bl Cumated. Lavkaid'a plobr B . Conway, Muskegom, lumber, Divtston rret, Beht ch) Reje, coal, ¥. B. Rolitaz Miil, aks, Egk AFhar, tes, . 10 & Q water, Tuinber, Marknl. jlyboin aveuss. amber, Marke i, coal North Market reet. sonrC. Lultng, Mantstee, famber. Twenty-second e ris Senr Homer, Cleveitnd, cosl, sehir Westehester, :m-f. n, e imen Bouah, o street, Behir [the k. Chicsen avanye, e r&'"l! W \;"{""!;!fl.“' " *lign atrect. T mber, Eigtieenth Regon, funber, Market. Brind ves Namisas, pouth street, chr Walvarine, titand lisven, lumbar, Afle's 6llp, hr Gty of Grand flapide, (irand fiven, umbar. ~ip, tdarada, Mrrlmv(!a. lumbar, Bteteon ENF. Tartte, Marinette, lumber, . File )Jnfllu!ll\ lamber, Hea, G, . &1, skegon. fight » 5 P Market ven. juraber, Ms- cer Eiva, Thue 1. Mctonald, Slus e City ol Urand laven ttand il ehr Stary Ludwis, Pantwall. tambor, Itush siroet. 4-hir Peshitigo. Peantigo, lnmber, Tinat atrest, Heht Antive, Pesgtigo, famuer, Hish street. iy S bior, Ahchopean, nymaer. Sarker. Bark Naind. Odonto, lamnér. re pehr Loniss Mebonatd, Manfstee, lu SN Curisandn, Parey Sonnd, lamber, el L. M. Masos, Ladingion, jamber. Markes. o0 dplinsoh, Maniuier, lumber, dlarget, Bl B 1€t (1fand Havea, Inmbef, Marked. A TuaL bty . Mickeeon, i Sehr Johin 1y P abin, 4, hasiier. L.yons, sk ey Hilrd, Sieken M. Hand. Os vev: ying Mist, Kin 1. Inbasn. 3 ng Star, N Pt Buttain g A Mune, lhflhnl "arker, Uueke Rent un Tacintor K 1o, . schr Ataunia, trand flevan, Hght. fehir b A trivky Grandinvon g, pebt denny Lind, Mossegan, iighe. &nl:r’.orn Walte Lake, ligut, #ene It 1, fantelee, ilzht. e e neilr ShF ifegulatir, Maske o, fignt. #ehr Haaine, Muikego i sene Saptiaba, iito Lakes Tight, Prop <kyiark, Mich{gan Clty, sunrrtes, 10p Wiikiam Cripoen, Manisise, sundrles, W. hnoak, White Lake, tyire. o, sundrici ‘orze Lmubar, Mu Hehe s, Mutkedon, 1ig Halr ary K. Packard. Puckards Py Schr Girsham Druthers, Green Hay, tie, Manisten, sundries. {rap Trader. Miuiatoe, . ron tempuest. undr sohr Lua Riack Creeic. g e yosooh Dueall, Muskunou, Iig chr Mainolfa, Aninapee, Jant. Schr Aruntlas, 8temr Corons, 5t hting Metiof Htmur Shebo 2 ér. is. JOULh ilaven, sandri Hartlow ndries. otz £ i CURRENT OPINION, Ono good romult of the Potter lnventige. tlon—if it rids the Republicansof Den Dutler,— Hariford Conrant (Jiep.), % Mr. Doccher calls Bryant’s Thanstopsia **beautifal Meathentsm,* There aro peoplc who rrelcl Dryant's ** Heathenfam ™ to Doccher's Chirls- ianity. —ilwaukes Sentinel, Mr. Tilden ought to captare "Mrs, Jenks, he haw skili enongh ta run a literary burosu, snd, whatever alse he s8ld of her, ahe ls at least no nincompoop. —Aibuny Journal (Rep. ). If thu people of the United Btates have any regard for thoir reputation abroad and tbeir intorests at homo, they will not risk anotier Dem- ocratic se of Kupresentatives. —JAadelphia Freas (Rep.). Inall the Bouthern Btates, and especially In the Southwest, the people are fucompsrably more damaged by the nogiect of Congress than thoy ars benefitud by what {l has done, — New Or. leans Picayune {Dem.). Ollo hns tha President of the United §tates, the General of the Army, the Chlef Justice, the Ministership to France, the Secretary of the Trunlnr{. aud Don Csmeron for s son-in-law. — Phiadelphia Press (Rep.), Ten thonaand citizens or theroabouts have vanlsbed In two yoars foto “*thln afr™ fn this city. It Is Impossible to say to what party they befonved, but ey musterod moro strougly in the Dewocratle wards than elsowhers, —Sun Francleco Dulistin (Rep.). Tho one paramonnt duty that was upon Cougress—that of determining & method of Presi. dentlal coanting by which all such troubles as thoso from whick wo have lately omergod wonld bo huroafter Impossthila-—Conyteds hever aa much 8 touched. —FAlladalphia Telsardph (Hep.). Samuol J. Tilden Is now, apparantly, the Inevitable candidate of thw Demosratle party, Nono of tha Joaders want lim, but hu has come to stay, and the loaders will ind that the tendoncy of oven! s too powerful for thum to be able to thwart *'Unclo Hammy's" wisliea.—New York Graphle (Ind.). s ‘The wholo qnostion turns on the matter of Intimldation. Was there any ornot? Mr. Bher. man offers to prove that there was, The [Potter Cominitteo strive earnosily to evade this lssuo, Why? Bacanac the catabllshmentof the fact of hulfdozing would spol) thelr casc, and they ara afrald that {t can b catablished. —Norwich Liuile- tin (Rep. ). The name of U. 8. Grant ponsosses o pow. erin tho United States that no othor name of Itv. Ing man posseses. it gripes some of tho wonld. bo dictatord of the Repuhlican party that this ls so, but thev cannot avold scelng 1t. 1f it becomes neceasary to have & firm hand on the national helm in 1881, the peuple will know Just whers to fiud it. ~—Marion (0.) ]:u:{:p!nd:rul (Rep. ). The value of Democratio sympathy for an oppressed and tax-ridden people shonld by meas. ured by the fact that a Democratic House of Rep- rosentatives hus incressod tha burden of pablic oxpenses by 840,000,000, It will bo a dlMcMi thing to make a plain_laboring man understand liuw thiy barmonlxen with the cry for acanomy sud ruform.—Cincinnals Commarciat (Ind.). Doforo,tlho War tho South was always put to disadvantage in the diatribution of national ben. efits by the abeurd crotchots of soimne of her reproe sontatives. We regret to say that this sort of Southern folly has not dled oat, Other sections can unlte and stand -firm, but the Routh cannot urye hervelf of the politieal cunsednoss of porson- b mmnlr_ —~RicAmond (¥a.) Dispateh (nmp: » Randall s belleved to bo quite hostila to Tiiden. Tho Keliyltesof New York City baye plcked upou him as the man to defeat Tilden in 1880. Randsll has no tme to fool away ou 8, J. T. Iswill beingood luck!f heecanretaln hle place In_Pann politics. Wallace, of that fitate, wiil glve buin s}l the work he wants, with- out golug aver to Tilden's tome. —Cinclnnati Zn- quirer (Dem. ), “QGrant and Wilson " (s the Burlington Hawkeys's Aicket for 1880, That was & grand ticket {n 1872, when the Wilson was tha good old **Cobblur of Natick," now no imore. It would be tickot atlll when the Wilson means the Tows sman of (hat name, Hut perhape fowa ia too close ta Hlinals for that, A batter pusition than that of Vice-President will bu given to the Hon. J F. Wilson whon Urant s Fresldeot. — 5 Glabe-Democrat (Rep.). Whero, In all tho inquisitorial inveatiga: tiopa inatltuted by the Democrata in Congross, bave they over clicited a syllable of ovidency that the Rupubilcans ever pald ur bromlsed a singls cent to any one to secure Klectoral votes ta Lhe tte- patulcan candidatas, whily taedly » witnees (s ox- smined who does mottell of the bare-faced ut- tampts of the llemocrate to buy electoral votes, and secure through bribery what they could not bope to socure through s Uresidential election under the Conatitution, —Dubuque Tunes (Jep.). I¢ the lotter in question was really written by Mr. 8herman It will compare favorably with the ‘Democratic tolegrams sent to Oregon when the ut- tampt was made to defraud the Republicans of that Btate of une of their Electoral votes. Tha fact that Mr. Bharman would have sufferod so littlo if ho had acknowludged the letter 10 be bi ors the 1dea that bis donfal 1a truthful. At aqy rate, becomlng contemptible when It is 11y question of autuorehip botween one of tha visiting staicame ratd (4ad. ). Quo cold wiuter evening a nwumber of spimals wore seated with thelr packa to the fire, dlscossing the Iate election roturns, when the fox cried out tLat somo one's tall wus buraing, Each In tara di the accusation, slthough suversl of thetn declared thut they smelled something guite plainly. Butthe fox, who had beeu snubbud in the appolntments, and fsiled to secnre a foreign missiug, bed long wauled an vuportunity (o waks himsalt conapicuvus, and duclazed that tha thlug should be tnvestigated, 1f be bad W do [t bimsolf. 8o be turned abuul for that purpase, when it was discoverud that bis own elegant brush had been as s rut's il Moral—| stions 8 retroactive. —~/ndlianapolls Journal The Republican Convention of Ilinois bave succeeded in framiog & platform rather woak - or $hau that sdopted by shelr brethrea of Oblo. Tho readizmation of Republican Otness to govern the countsy,snd the **aszaignent™ of the Demo- cratg wa **recont lebele and thelr symuathizers,” belon to the order of political platiiudes which o progresalve pacty snould by this tlme have oate rows. Aufur **tav dnauclol systuin created by Hiu Wepubilcan party, "nobody ‘Would bave beed 1nore satonished (han Its a3thors Lo think that after Afteen yoars of expericuco tho bighest pralav WLiLD cuuld Vo §avel 14 OY 4 party couveution wad, = that ** by ita peavisians tha people have beon anh- plicd with & latcer aniount of PARAT carraney, pafex nil mora aniform in valne, than they ovar hefore enfoyed,” " Furthar contraction of greenhack carrency in, of conrse, condemued, and ita raceipy in payment of castama-daties l= dnly demanded. Yat, oven In thla sliape, the platform fe regacded $u 1}iinols aa & trinmnn for hatd-money doctriues, ~—New York Tames (lep. ). Mr. Hayon hins baen vory badly sorvad by his closcat friends. 11a comen ont of the mashioa- tions of his encmies pure and andetled. Ouly his trusted Intimates have been able to clond his falr famo. Gen. Biynton's testimony, in epite of Butler's pettifogaing, makes it clear: that the Prosldent wan gromely decelved in repard 1o tho man Atidut-on, aud that wheu he was made dware of the true charactar of the man he nnhcsitatingiy cut off hia ehance for pulille emoloyment, Bt what are we tn think of the Senators who per- mitted his conirnmtion with fall knowlelys of the wiAn and bfs cazeers who, with coplas of his infa- mous **docrimenta ™ in thelr pockats, lifted not a finzer ta appris Lhe President of the ercor he was makiogi—Hartford Posl (Hep.). As for the Hlinnis Republioans, it s in n messate thetr own faneral, Illinole {8 commonly euppured to be sale for the Repnbllcan party by & nufMclent majasity. It has glven the Repnhlican party the only Presidenta it ever elected. Yet wo fancy that no 1llinols Repmbilean wiil 1nke within kicklng distsnce of Mr. Grant the Tilinots fnancial resaintions, or take the Tillnota resolutions on the Bouthiera question within kicking diatance of tha Lincola siatu= at Springfiatd. Iilinol« aars not a word of th Prestifent'a title or of {ivl)-Service reform, thaugh Tz Cuicacn TriauNe has been the only reafliv vowertnl tiack uf ir. Hayes, and thioagh the adltor of that leating journal of the Nort dintur with Mr. Curtie fn the Haform Commission, Neither the Republicans of Niiinols manifeeted & savin faith ot & cheerful hoa. and their half-nenrted actiun of yestordat affords reasonable ground fue the bellef that tho Repablican party really e he- m]}m"‘)! to decay at the core,~New York World (Dem. ). The Nation (Tnd.) saya of tho hosses of great cities: **Goood men ceaned to attend to thelr polttical dutles, and aliowed bad men to abe rarh tha functions of Government. The result waethe same In the two citles. The ‘three co- ordinate depariments, each separato and lude. endent within Ite own sphere.’ gradually became jegs co-ardinste, and separate, and indesendent, and nbatract, oniil &t length thev assumed in New Yors the formof a loss namod Tweed, and In Washilugton that of 8 Boss named Shenhord, Hat, taough Tweed and Shenherd were bad muen, they &id nut stiuck the sulraye, We voted in' New York under Tiweed, and the Waskingtoolans voted under Shepherd, e may not alwars have lked the f1cket put up, And_sometimes we inay have re- serted the alteeniton of the alection-retarna neces- sary far the election of canaiilates ®¥ho bnd 1o re- celved & majorlty of the votes, [int neliher Doss ever attacsed the rufirnze. Every one voted as uzual. whether hie knew wiint he was votipy for or not, 1t was when Skeuherd had finiehed his work, and secured & magnificant future for \Washington by entdling ths city with s dent it could not pay, that the Arst asenult was mado upon the en@rage, ™ If the platform adoptod by the Illineis Repablicans ropreeants the avernzo thought of the wembera of the parly §n that Stare, they could only claimthe conntenance of Republicane in other States on the ground that, If they ‘are weak and silly. thelr opponents are positively wicked. A more miacollancous colloction of weather-wom, wormeeston, battered and rotten titmber hos Aslduin been put futo a lcpublican platfonn, Dut w¥a do tiot beficre members of the party {n Diinols think, #o long after recrulting and the draft have Leeq stopped, that the War nas nutended. Nor can we sippiose that they are itnhaed with the kiea that the past eorvices of the Iepnbiican narty entltle it 1o perpotual - puwer, if we further provtess and reform promised or Intonded, Ihe active w1ans hinve n well-understood purpose | they have sucencded In it so far 2 tls Conventlon was concerned. We believe with 1ovm thet the welfsre of the natton depeads unon the full reatoration of the Republican party ta power, but we heifere it not for the renmans or princiolen announced Ly taemn, but becsuse reform of the curroncy and of the internal sdmunistration of af- frara 1o less likely 10 by neglected by the lopublic. au than by the Deinacratic party. We are 41 learn that there s a liuml chunce of thelr success 15 the Novemoer electlon, aud we can only hope that the candldates 10 Le chivsen fur Congtess tinly be men of the urcsent generition, who are vetther captivated h{ the theories of Joho Law nor pos. soased of an idea that the conntry fuin a state of war.—Hoston Adcertiser (ftep.). FARMERS AND COMMUNISTS IN FRANCE. A writer, in dlocussing the demand of the Communistic class of workmeu that the Goy- ernment, or 8 “ Great Futhor,” shall provide work anud wages for sl those tov inert or lazy tolook np employment for themselves, thus summarizes the way the thing vunned out In France: Lct us, therofore, lnok into history a iitle furthor, to sce how there clating huve worked out In practice. The revoiution of 1848 pnt the Parls theurists In passedslun of the Governmeut, und gave them an oppurtutlty to put all thelr pot oro. Jects nta practice, Accordingly we find tiut the very firat thinge done by the Proyislonal Guvern- ment was 1o eatabliel Atellers Natloncaux in ["arls, ‘The Gavernment undertouk to direct Inbor, and to find employment for tno masses. ‘The ot tacary 1hat Government was intended v securo safety snd administer a8 The experiment resolving it ta un Executlve Cominlttee or Directory wae triud. Two hundred ana 8Nty thousand france a day were rnld to the Paris workmen. The vroduct ol thelr abar wold for 30,00 frauce. the Guvernsmoul loainz tue neat Hitle aum of 220,000 france a day on the specuistion. When the National Assembly mot in March the Provisional Govern: Asked on the first dsy of tho session for an Ir';xourluuun 1o support the Atllers [workshobs), The Aseembly prompily refused, 'Tho country mombers did jiol ave the prapriety of taxiug thelr constitaents tu carty ou this costly experiment. It did not take them dve minutes to conclode that agricaiture conld not be carned out on (‘ommunlatic principles. So the Paris modb attacked the Astombly. but It wos de- feated by troops of the line, aud the ragged plwmnphcu ware driven back 0 thuir garrcts and coliass. In May, 1648, the Communists took pomccable pansdssiol of the City of Lyone, and worn auly subdned by the troops sfter scversl days' har fighting. Tn June the Parls mov aguin tried to cliange the Glovernmient, and W put it tato the hands of thelr most advanced thinkers, This at- tempt fatled, They tried azuln in June, 1840, an ayuin felled, At last, in 18532, Loails Napoleon favyrad thea all by his mu(n d'elut, What the Commune did in 1870 i3 within the recollection of evary onu, The ssine Ateliera Natlonnsux etporiment was proposed in Switzerland. llut there, too, the country caulons were nnreasviable enougu o ob. Jeet. Property-owners always have nbfzmud o ttus surt of thing, for somo soason or other, They did in the dlYlol the tumans. And the (rouble seems to be that Communisiu caonot be tairly ve- tablishod without guing to_the funndation” and changing the land tenurs. This cannot -be done wnnaulwnlp{mu the farmers, sud this s vor hard to do. Not only do thoy fight Tiko the deni] when thoy are forced to i, bat tho rest of man- Lh‘:-d are dependent upon them for semethivg to eal R Cleopatra's N‘”'“"" Cleopatra’a Needlo Laa been Xrinped of Its sult of mall. Aller the anonolith ship had reachod her Lirth ou the cradles at the Adelphi stops of the Thames Embankment, the plan of ralsiug voshel and cargo togetlier was abandons od, 84 fovolving & neevless sddition of sixty tons of fron, us wall as a muda of thnber, to the Joad. It was determined {ustesd to strip off_al onco tho plates of thu Cleopatra down to her walst, to removo as much as miht be necessavy of her dlaphiragins, hiames, and obellsk pock- Ine, und to manipulite the monollth iisclf, Thnber luucttes, tashloned like the rockers of a cragle, wers vut s0 as to fit fthe bottorn of the Clwopatre. On these rockers will be lald bulks of timber, and ‘on them others crosswise, with just enouglh space for the hyidraulle jacks betweou the timber sur- fuce gud the grupito. Tho obellsk having been lifted, snother luyer of balks will by inserted, uwod , untll ‘at the proper helght the four truverecrs will bo brought into play to drag the wonglith oo to the steps, Thia lateral move: wwnt, effected Ly nioans of four sleel scrows four luches jo” dismcter of worm,end euch worked by two pairs of men tugging st the luy- crs, will Bogtn Joug Lelure the Lo of the steps 15 reached, 50 that 8y suul sy possible the steps may bear part of the welelt, thus economizing the tmber balks. In tuls e Necdle with 1ta sculptured hleroglypbics will be carried to hu fAnal resting-plsce before the eyes of Lun. 01 Proposals for Tobacco. OFpicE OF AGINTANT CuMMlesABY UGZYEBAL or BULIATEXCE, BI YIS, 7t acale Frouasals i uplicate, wil ci until 13 o'aluek, 31, Jdty 24, 147 Unlted alatus Subslatonca ilepartient paunds ut whacco, s;wwbc patup 1o packesee atutiiug 41 #GGvarameut will fasorve the bt to Inoressu the L ‘rccived, ‘an 150,00 quautity of tubacce tu y addltjoual amount Dot exceediag . provided dus Bolle (s given 10 Lhe coniralor ab avy bie peior o Rov. 30, Iaie.—~Thu wuile yuantity of tobacca ta [ bu futulsl uader i (ract’must e wctuady . deliverd by 'the of “Novewmber, 1918, iha Lubacco (6 by dus lvered 1o BL. Luiilg a6 g Governmeul warehouse, ur degot 1n the cily &+ uy bo desircd. ¥ tbacco 10 packeges of aol Jum then 53 Ui d% 84 of Lhe Muck o1 Teaf tut fves (han du Potnds: from Watch 161s manntactures pauy sl pronosals. The sauples of N Loy fited wiust be lwade froimn ihe waiin u il ty of 1al ae Ih: wanipics of teat subiolttod with the wnount and properiion of caaluk fequlred by the “eouiition.” clficatliul aud condltions way be vbtatned St Luult and @ coug ol 3 athnte wital by 3t Bl Lo vuatrigd o lusslie tho 1 wlitidttan bty gt T esc rauted by Coigie's (98 B AT LE0s.u s a _ELECTRIC RELTS AND BANDK, . B HELP! FOR THE WEARK, HERVGUS AND BEBILITATED! Tha afflicted can now b restored Lo perfec health and bodily energy, without the use of medicine of any kind. PULVERMACHLERVS ELECTRIC BELTS AND BANDS, For golf-application to any part of the body, meet every requirement. Tho most learncd physicians and scientific men of Europe and this counlry indorse them. Thean noted Curative ‘\pmmnnn hiave now atood the fest for upward of thirty yenrs, and aro_ protected h{ Letters-Patent” fn uli_tho principn] countriea of the world, > dlecremd tha only Award of Merlt for Bleetilo Appliances at ehie great War) —'l ‘aris, Philadeiphin, and elsewhere —and have beon found tha tnost valualle, safe, siiple, and efllclent known treatinent for the cure of disensa. READER, ARE YOU AFFLICTED? and wish fo rocaver the same degrée nf lienlth, strength, und energy us experienced In foriner years? Do nuy of the Iollowing xvmploms ar el of symptoms meet gour diseased condition? Are you suffering o Hi-health in any of Its many and muitifari- oue forms, conacqient upon i 1§ m-nur. Derv- us, chironie or fanerional disae® 1 you, fee] norvous, debilitated, fretinl, timld, and luck the power of will and wetlon ? Are you auliject 1a lows of memory, have speitsof fdnte ing, flinessof blood In ‘the iead, el Vstiess, moping, upft for buslness or piensure, and subject to fita of melancholy? Are your leld- neys, stoinach, or blood, bi'a disordered con- llldl)ll? Da you wutler from rhsumatism, neurnigla or nehes nnd pains? Have yod heen indiscreet th early und find ya walf hinraased with o “niultitude of gloo aymptoma? Ars you timld, nervous, n forgetful, und your uwhml continnally dweil Ing on the subfect? Iave you lost cobfidencn in yonrself and energy for business pupaiis? Ard you subject. to any of the following aymip- toma: Hestless nighits, broken sleepn, night. misre, drenta, palpitation of the heurt, hisfie fulness, confusion of Jdens, Aversion to raci: dizziness In the hend, diness of sight ples nnd blotehes ou the faee ntnd back Oiier (aspotient symptoms? young men, the m oatged, und oven th wffor from nervous and physend. debtl- Tty Thousande of femnles, (09, nee brojten down in henlth nnd spieits from disorders peenline 10 tivlr sox, and who, fiom files Tidesty or neatoet prolong their sutferings. Why, then, further Illlt‘lw\ Mbject W pro- duetive of health nnd happiness When there Iy at hund a means of rastoration? PULVERMACKER'S ELECTRIC BELTS AND BANDS oura these varlouy disensed condittons, afior all otlier means fil, wud we otler the ot econviuclpg testimony direct from thu nfe tieted themelves, whio hinve been restored to WEALTH, STRENGTH, AND ENERGY,, after driteging (n vain for months and yenrs el for DEACRIFTIVE PANPHLET nnd Titw PrRIC QUAN 1 Ly, A fune T tented Journad, containl full particulan atel INFOIMATION WORTIHL THOURANDS, Cop: lew matlel frev. Call on or address, PULVERMACHER GALVANIC CO, Cor. Bth & Vine 8ts., CINCINNATI, O. Or212 Brosdwey, NEW YORK, BRANTH OFFICE: 218 STATE ST,,CHICAGO, Bay® Avoid Luqus applianees claiming el trie que . Our Pamphiet explains b ‘o distinauizh the gennine fram the spurio:.. MEN'YS, STEAMER FLORY, Programme of excarshins for this weex, ending fuly agK-rl. bhridye: i=~0n 1! e iako at 20 n.m.s Grnd Yi0'kvanston ws 2:30 p. m. ¢ fiovutng - Water Warke Crib Lincotn tark, sler at' 250 p. ane 1 Santight oo the ®OR 01100 tie Luky At 3: 0.3 MooRlight Fxzues ot the Lake at 7::50 1 1, Friday, .llll}h-(lu tho Lake at 2:u0 p.m.1 On the T e e T iy _0n the Lake st 23 p. w.: te Michigan Gity at 0 p. i, Feturalug baniiay, July "t n{-x'un Drasand String Dands on baar Fure 10 au Clty aad return, $1 all otbers, roub. trip, 5. cont "HERSHEY MESIC HALL, (Wpposite M Vicker's.) LAST WERK OF TUK WONUERFUL MIDGETS Every Afternoon sud Eventag except Monday Eventn, Orazd Morning Matieess-- Wednesday, Thursday, Fuiday, Adunsslon, 23 centa. Milwsukee, July & NEW CHICAGO THEATRL, THE STANDARD ROVELTY TROUPE. ENTIRE CUANGE OF MANAGEMENT. Pat Roonoy, Harry Richmond, John Hart, A. 0, Moraland, Allon Bistora, Ohas. Diamond, Blancho Carette, The Waymans, Jullotte Nault, Oifiton and Fox, Victoria North, Ohas, A. Avery, And s Hoat of Othora, Popular Prices—23, 50, 804 73 cta. HOOLEY'S TIEATRE, QUINLIN & HOOLEY......Propriators aud Managers 4th of July Weok! The Gre. Play of tho Century! Last Performances of A CELEBRATED CASK! The Orieina) Muste, Original Appoistmenta the iy O Original_Caot, alnal scencry uf the Usiva qusre Theatre, N, V. By epuciul leyuest. on tho Fonzth ot July wiil be glyen, at Topular Piic Bue Matineo—sA, 478 eenis noextia charge for v Mutlnge Baturdsr. R, JOHEN DILLON. f i '“l : (\‘l l‘o‘!xl(u‘ ;li,‘mlllfl AEaiivn Greatess Jrlan Draryl: R AW oh JpE ARAR v, 5 a Farce, **Junos' llaby * Obasny28naNB iraLiax ovkua. McVICKEWS TUEATRE, Sixth | Matinees aND UT%CMI,‘SE WENESDAY, Last THUEDAY, Week! CABIN Il .. WS, COTHBERTS SEHINARY, 1 8. O, for yuuug ladies avd Fourtoeuth yoar openy e 4 B, Sor gung lullay 4., DAVERLY... Fruprieior and 3 To-ntzht and sli the week, In Wedneulay, 4th July, and oatardey. 1avorite. DA chikdreu. Doardi Fall corpa ot ¢ clent and e hers, Buperior aittatie i, B s e dl:u'h‘l‘l‘!- EU 14 LCTHRENY, “MEDICAL. NEAVOUS, DEBILITY, WE c., and all duscrders Lrougli va by fudlacrolions, o: £ uverwork of the Draty aud Nervous Bystew, sp vedily wnd radically cured by WINGHESIER'S SPEUIFIC PILL, 8 pundy veaetable preparation, aud tu beet and ek ul Feguedy biowp. Two by dIxX Buig ate y mumTcul. For furtlics ufulinatiou, Ben. Frice, B1 ver luty 09, 33 Ly uatl, sttty vealody with Sull diseclivis fuf G35 Froercduuly Ly WENCMESTER & €0, S0 Julu Chewia s Now