Chicago Daily Tribune Newspaper, July 13, 1878, Page 12

12 THE CHICAGO TRIBUNE: SATURDAY., JULY 13, 1878—TWELVE PAGES. ————— —— — —— — — — — — — e —————— POLITICAL. The Eighteenth lllinois Dis= trict Congressional Convention. Qen. Logan’s Speech---Outlook in the Only Doubtfal Iowa District. Hopeless Condition of the Re- publican Party in Alabama. The State Convention’s Ad- Jjournment Making Nomi- nations. Without This Puslilanimous Course Dus to the Influence of Sen- ator Spenccr. That Individual Retires Into Obsourity with The Bonrhons Wild with Hatred of the the Scalp of His Own Party. Union and Hope of Victory. Burvoy of the Political Ficld in the New Btato of Oolorado, ILLINOIS, BIONTEGENTH DISTRICT CONVENTION. Siectat Correspondence of The Tribune. Carnosvare, I, July 11.—~The Hepublican Congressional Conventlon for this, the Eight- eenthi District, met here to-day in ono of Gud's first tewmples,~a haudsomo grove adjolulng The Conveution was o large onc, har- monious and enthusiastic. Among the leading Itepublicans of the district present were ex- Congressman Isase Ciements, ex-Congressinan Jack Kuykendall, Revenue-Collector Jonathan C. Willis, ex-Representative Matt J. Inscore, of Unlon; Judge R. W. McCartney, of Massac: Cols. Willlam R. Brownand R. A. Peter, Me- ex-Repreeentntive Metropolis Journal} Anna; and 1. L. Davis, cditor of the Calro Kepublican, The frrepressible Dave Lincgar, who ran for Congress ozaiust John A. Logzan In 1800, but s town, tropolis; Massac, Col. and Robert now a Bourbon The Comimitice on Credentiols reported 146 delcgates, all of whom were preseut In person William P. Murphy, of Randolplh County, was made President, aud Ben O.-Jones, or hy proxy. Jones, editor . Kirkbam, of Democrat, 1s hore. of Metropolis, Secretary, The following genticmen were named & Cone gressbnal Committee: John Wood, Calro; . C. Mertz, Carbondase; A. (3. Dameron, Vienna; . T Curtls, Metropolis; Dr. J. R, Walker, Du Quoin; Thomas . Clark, Golconda; I, H. Epencer, Villa Ridge: Willlam McAdam, Ches- - ter; R B. Stinson, Anna; and Walter Warder, Macfon, ‘Che Committee on Resalutions, through ex- Congressman Kuykondall, reaflivmed the State platform, and added one favoring the {mprove. Missiasippl by Government, Judge Harker, of Johison County, ip o hand. some speech, declariug how closely the district was divided and that the candidate must have an uujmpeachable record, named Capt. John R, Thomas, of Massac, oa the choice of —n man whoso boshood was speot around the eamp-fires of the Uujou arny; who, at the axo of 16 years. tore himsel! from a fond mother's embrace, shonldered hils musket,and went to do hattle for tho Uulon. Delouates from Jackson, Pulaskl, Unio, and Pope seconded the nomina ton, and thety Capt, Hood, of Randolph, with- letrich, for whom that delegu- wment of drew Uen. J. E. D tlon was Instructed, nn pominated by ncelamation, came lorward und piude the aubjolued romarks: INYENTION? In accepting ‘onvention ms your candi« dute for Congress in thin district, 80 unanimonsly aud generously bestoweil upon me by the Hepub- Heans of this part of Llinals, 1 offer (o you my heartfolt thanka for the compliment, and promise you that your contidence will nut be ‘misplaced or ‘Alibough & young man, still the fizes of Jatty foranavotor yesrs burned brightly in 1ty hovom; and, when 1 remember whiat the Repub- lean iarty lius dono (s the hrewont struggio that is 6 by tho latw Rebel vlement under tho ame und auspices of the Democratlo party to gain control of the Government, ana undo and set aside 1ha glorious denuy of the noblo old itepublican party, the fires burn & thous iy lieart and brain are nerved, and my arms 'grow GENTLANEY OF THE the nomiuation of this ahused, betny nu the strong for the coming canttict. The questlon before the peoplo of this connt: s, Shall itebels cule this land, or shall the lo; :{ menof tho nation trlu the salls, wan the ni atand at the helm of tho old Ship of BiateY procecidings of the last two sessiona of Congress, With elyghty-seven Rebel Brigadiers in the Youte and its thirteen In the Scuste, nbow the voal toward which Uemocracy o mukiog. Whea- cvera anontlon has stisen botwoen a loys) man of ¢ the North or South anda Hebel of sltber Xorth or Soutl, Democracy, under the lash baldly k1Y 1o the defenso of ihe Ntebol, When tho war-scarred veteran U chil the of e Rebel and unblashl; leaders, bas murched Brought forw ard for tho position o orkes of the Houes, the Democrata, butu North and South, With the ningle exception in the INinols delegation of Bill springer, cast thelr vote for tien, Fisld, u man who fought under the Rebel fsg and then left his couniry, enltsted under tho Turkish Crescont, aud_lought sgalnat Chriatians and Chrlstendom o Coming back to ablitivs recioy Democracy avd ‘I'ha present Houss 14 fagoly Democratio, and, unleen tho Kepublicans of chia land buckle on thelr armor aud march boldly to the frout, the Boxt Congrens will be of the vams complexion, Republican, aud with siralcht 10 victory, I to tha Lest of iny abillty, 10 tear tho mask cracy from the face of irexson, and show 1hls buople the political volcano upou which they ‘This dletrict your help wo will marc propos of Deu staud. Agsin thank{ug you for your expression of con. wny to‘my distivgulabed friend, . Loguu. Gen, John A. Logan talked for an bour, It wus his old home, and the men und wor fore hin were his_peighbors. the fallucy of trusting the Democratle purt; Does the rouutry deslre a change of varties fu powerl It so, whyi cause arisen from the present coudition of the sidence, 1 Gen. John slve Baid he: s county, Capt. Thomas was Cupt. Thomas then ud-fold brighter, and Shiclde way country, and having bie dis- wad at onca takun up by the of o solectod nuthelr favored champion, and olceted (o a lcrative pasition, ) ch:lr]K TApplause. | is ther Tus sufliclent wag Y. country, or such & change i the principlcs of the change( Demacrutic varty, s _to warrant Me discussed” the Democratle Staty plattorn ou Income tax, uud sbowed that this ax wos imposed w8 war tax and repealed be- vause no further necesslty exlited for its collecs thon, und (e 1mpose it now would be luposing & tax on the people which the liovernment docs They wlao propose to fund the wot require. public devt sud give & Jow rate of Interest, ‘This at the sawe time to tax the bouds, direct vilution of 8 deck Court of the United States, which decl a tax oo Government stock 1s 8 tax_on tract, & tux on the power of the Unlted State: 10 burrew Iuoucy ou the credit of the Unite y bt is (o on bt the Bupreine s that e con- Ftates, aud conseruently repuzuant to the Con- stitution, ‘The Geveral then ndiculed the ides of the Democratic party demundiug that the Government should meke 1ouey out of paper 13 fuilure of thu Conl, nerely stamping it, aud {llustrated it by the erate Goverument,—its paper bejug worthless at its collapse; but that woid and silver, if stamped by the Confederate Government, would haye been just as vall Govervment, He concludes uable a3 It it hud boen stamped ).:“ o United Stutes y aaylog that tha same cliss of wen who coutrolled the Gorern meut o are trying 1801 are the sawe to wet coutrol of weu who it now, ‘Fbie Jeadera n 1861 eutertalued sentiments then seflected 1 th e Democratic party. The sano acutiuieuts ure now rellected thirough the Demo- «ratle party. They clalin thut they have never chauged. “Nor bave they. ‘That the settlemeut of the Wer has vecu luade upou thelr theory of Jocal sclf-guvernuacnt. they called this *Blate Rights.” Prior to_the War Now they call it Home Rule. Aud fur un hour the General vontinued [ an easy strain talking to bis el bors and fricnds, skiunjug the ebels and e Ezyptiun Dewocracy, who heed skinning if avy- y 1y the world ducs, FIFCIETH BEPHKSENTATIVE. Boectal Curreapundeice of e Friouns. CaksoNvALE, fIL, July 1L.—~The Fiftleth Rep- resentative Republican Conventlon met after the Cuogressional Convention wajourned to-duy. Ex-Represcutative Alatt Joscure was wade Pres- Henly uad W Wbaun F, Froeas Bocretarys The to-day, than pasaing notiee. oxistence, In Alabama. tle Conventlon. distrusted the purpos, 1ts future. asplirants. & of thir votes—elthicr custing their ballots, or, If a0 cast, in Court of the 8] true alwe and Federal candidates wero Tarmon H. Black, Charles H, Lavman, and Thomas 1. Phillips. bafllot Biack recetved 13 votes, Phillips 10. On the second oratar and Judge. tlons, whoreupon two dolezates trom Unlon County bolted thelr (natructions to Phillips and Tor Lomon. iving. 23 votes, or & majari- The men who botted are nained 8panlding The nomination of Layman 13 He {s nlawyer of fair ahility, has"been County Judge, and suc- voted 1y, and Freeman. cansidered a very good one. cessful 1 practice, IOWA. TUN TAIRD CONGRESSIONAL DISTRICT. To the Editor of The Tribune. Dunvque, In., July 11,—The Demacracy witl, besond veradventure, have a majority in the Repnblicans, by united cfforts next Senate. and the nominatlon of menof unquestioned ability, integrity, and stability fn party nolitics, can obtain control of the Ilouse of Representa- tives, in view of this fact, it certalnly behvoves Republicans, desirons of thefr party's stuccess, to further the nomination of men whose fealty to Republican principleaand personal popularity assitre thele electlon by handsome majoritics. In ddoubtful districts this rule wiil be peculiarly this State, earefol aelection popular man extremely and of for publicans have one necussar applicable. The Third Is the only doubtful uls- trict In the and tion s r questionably the flon. D. A. Cooley is the choles o The people. Dubuque County Ree unanimoualy in which a_ prominent the nomina- Un- indorsed Mr. Cooley's candidaey, and will soon be followed by ns emphatle fndorscments from Delawars ana Winneshick Countica, Beatdes, throughont the district the press and public regard nim as there exis the coming man, The other candidates, the Jlon. W. G, Donnan, the Hon. Alex Bliedung, and particularly the don. Willlam Rentlemen ol “{ntegrity not the positive strength and populsrity among the people generally that Rewardicss, huwever, of choive, “Ring" of politicians whose every effort wihl be dirceted to enromuass his defeat, sonal Jealousies, probably fancled grievences, and other reasons of a political nature conatl- tute the extent of the causc of this antagonisn, Be this as it may, the peoploof this “district will. under no circumstances, subinit to the dictatlon of & few political trickstera to the detriment ot thelr cholco for Congrosa. Cooley I8 a genial and courteous gentleman, who, while Siate Bonator from this couuty, en- deared himselt 10 his constituents by his fear less and manly discharge of duty on all impor- taot questions. Larrabee, are d ability, but bave r. Cooley possesscs. belag tie poputar Dubuque Per- Mr. ALABAMA. THH OUTCOME OF THR APENCERTAN BYSTEM. Special Corrusponitence of The Tvibune, Moxrtoougny, Ala, July 4.—Beveral weeks g0 the two wings of the remnant of what was oncs the Republican party of Alabama united In a call for a8tate Convention to meet in this city Ordinarily & Republican 8tate Conven- tion in Alabama would be a matter of small mument to the country atlarge, but the real purposs for which this Convention was called aud the policy which controlled 1t deserve moro Four years ugo the Re- publican varty controlled. the Government of Alabama, and operated all its machinery, Toe duy but & small remnunt of the party remains ju nd designing and mischievous per- sons who spend thelr time fu Washington are engaged In bulldiug scicmes of personal ag- graoaizement upon the rulne of Ropubllicanisin When the Convention asscnbled 1n tho United States Court room, at 13 m. to- day, thero wero scarcely enough delegates to muko up the usual committecs. It was a sight to sadden the hearts of atl men who know the history of the Kenublican parly In this State. Whilu a large number of counties were repre- sented, the number of delegates wasoxcoedlngly small. SEVERAL NEASONS operated to this end. In tbe tirat place, tho Re- publican party of Alabams is composed largely of colored men, snd these men did not dealre todraw upon themselves the persecutions of the Bourbon Democracy by taklng active part fn in the sccond place, leading Republlcans In varfous portions of tho State of the Convention. In tho thied place, those Republicans who opposs the Administration of Presldent Haves sxertod thelr [nflucnce to prevent a general sttendance. Hence it is that for the first timo in the history of tho Republican party 1o Alabaina tho attempt has beeu openly made to decelve the peopls of thie Nurth as to the real status of tha party and These leading Republican journals of the North wlich, llke Tuz Tuisonm, have alwavs held outa heiping haud to the perse- cuted and wronred Ropublican citizens of tha South are confldently oxpocts Convention s on evidence has not only been a fuflure here, but resulted o the disruption and destruction of the Republican_party in the South,—~cspecially {n Alabams. To wake tnls impression upon Northorn Republicans was the controlliug pur- posu of the Conventlon which asseinblod here to-dayv. 'To on Impartiai obacrver this aim was mapifest from the opening of the proceed- {ngs to thelr close: but to many patriotic mem- bera of the Counvention this purpo: scured by the manjpulations of Congresslonal ‘The aclection of the Hon. Charles Iinyes, nt ax-inambor of Congrass, us President of the Conveution, at first gavo some hone that harmony would characterize the proceedings, but the muitiplieity of ed to ruhlt to this that Tuyes' policy hat it haa 3¢ Was ob- INTEILEATS AND SCHEMES ‘The Democratic The Democracy Ly which begau clasbing st the outset of the pro- grainme destroved ail hope of any succasatul issuc of the Convention, mnd to-night f&ad- Journed without baving accomplisnea & solitary burposs beyond that “of widenlug the gull be- tween the two elements, which for a time coalesced tn tne Convention. nominating o 8tate ticket to oppuse that of the ruvolutionary Bourborn Demonm-( nominated hure on the 80th of May, s0d, which vretty well ventilated it Tus TRIBUNG, wasdis- cushed, pro et cou, by thehalf-dozen leading Ree publicans who attended the Conventlon, but it wua deemed wise to allow the hove = clear fcld for thelr State ticket, miny seem very straoge to the peoplo of the North, and they wiil, uo doubt, be still uore sur- rised 1o, earh tho reasona which induced the un;{wunuuu to forego the nomination of a Ntate ckot. led aud controlled by the old accesslon elenent which does not recognlze the elvil or politic rights of ths colored citlzen the ameudments tu tho Co secure tnv colored beople In th ing beun accomplishied by fores and jraud, nud, lLuving been thus accomplished, sre not bluding upon them. They do not beliave that the culored citizens are efther entitled to or capavle of exercislng the elective frauchise: aud, thus believing, they do not cousider thut they are dolnz auy wrong to uufirlu tho colored citizens )y preventlng them from uestion ot hos been w0 This in Alabama is thoy regard all tution which rights na buy- COUNTING THEM OUT, In thelr rocent State Convuntion the Bourbans excluded two colursd dulegates, and daclared 1o thelr plotform that the white race must govern and control fn this Btate, colored voters, it was decined Ast tlkrn lean party o Alsbams cousiats almost wh & waste of tinie to nominate o Stste ticket {n the face of the Democratic declaration above noted, olly of Qoo of the speevtics in the Conveution to-day in oppo- sition to nominating a State ticket was ade by toe Hon. SBainuel 'R, Rice, & leading Repu 1ican, lurmerli' Chief Justice of the Suprems ate, and ooe of the most prowmi- neat and able Jawycrs of the South, Rico's speechi deserves to be circulated throu out the eutire couutry a3 an _exposition of f: Bouthicru Bourbon Democracy, Tho leaders of this revolutiouary Democracy now belleve that the control of the* overumeut will soou pass iuto thelr bauds, and they do not {ntend to peruit theso Btates to be rescued from theirdomiuativn ; and iu order to prevout thelr defeas they will nod scruple to revivo the uruoses of Judy KU.KLUX AND'BHOTOGUN BYSTEM of carrylug elections fu the South, Knowing that the strong arw of the Federai Governweut cunuut be oxtended Lere to protect Re publicans aud secure thew In thelr rizhts, hesitate to ovenly declase their d they do not eterinination to carry every Coogresslonal district in Ala- bama, 84 well as their State ticket. Thess bos- tile declaratious have been 80 often sud 80 pub- licly wade thut the Revublicans bave becowe slarmed and deewn it tue part of wiadom ta re- wais fusctive aud trust to the people of the North fur protection and vindication. 1 bave stated above that the pollcy of the rnunn who contrulled the Conveutlvn to-da 3 to decelve the Republicaus of the Nurth; au this wisertion ueeds explsuation. movers in tuis Con s Buencerites. ‘The prime ntiou were what fa kuowa 1o detlancy of the desires and cxureseed wishes of uine-teaths of the Repub- licau citizens of Alubama, Benator Spencer has cootrived, b{ weuns of quustlouable characier, to prevent ¢ contirwation of President Hayes® appolutees to scyeral respousiule und fwportant Federul positivus i this Btate. The counutry &3 On the first Layman 20, and hatlot. Aloxander County changed from Biack fo Bird, {ts nexro After thst ballot the Con- vention voted to absolyedolegates from instryc- aware of the differences batween tha Presient and Senator 8pencer, aud the latter has taken adrantazo of an oceasion altopether out of rlncs to make it appear that what Is left of tho topnblican party in this State fs hostile to the Administration. The Held, Rice, and 8mith (o Adminstration) wing of the Republicans, con- stituting abont three-fourths of the Republican voters, consented to join fo the call for this Conventlon fot the purpose of nniting the party in opposition o the Democracy, The conduct of the Democratlc loaders, their REVOLUTIONARY SCITRMXS, and thefr hostile declarations in reference to colored citlzens, has alartned the real conserya- ttve element which has hitherto acted with that ment of the Republican organization fn Ala- bama, and the Republicans of the North need expect no assistance from Alabama in securing the next House of Representatives. When Ben- ntor Spencer wer for evll is broken here, then the party I{I’unm more It up its head and endeavor fa becoma the power It once was. But so lone s Republicanism bere remalns ander the influence of Senator Boencer (who has already announced his permanent removal from the State) and hls Federal appolntecs, thers never can be anything but disorganization and disaster to the parly, ‘FThe action of the Conventlon to-lay demonstrates the great evil of machine politics, or a party being controlled by Federal ofticers sltozether, Hence, whera tho Domocratic rogramme to “snuff ont™ T. M. Patterson, fut ho (s alrendy at work sot- ting his plans, in activo affiifation with Love- Tanil. His clalma rest wholly on cheok. If his bummers aucceed fn earrying the Conventlon It will largely disguat the better cloment of the tha ticket, The Hnguos-Butler-Buckinginin Han Juan conntry, which wants Adatr Wilson to be a candtdate for Congress, will bo greatly dis- qusted. If Patterson {8 nominated for "Con- gress James B, Belford will be put up by the Republicans., enver aud Arapnhoe Counties, of courae, VIOLD TILR NALANCA OF FOWER. rurly, and Repubilcans were made aware that, | unity and harmony could have undoubt- | Thoy cast one-fourth of the entira vote of the f the Hepublican party would unite, and in a | cdly” sceured nrtial success, personal | Btate. The averaze Republican majority i the Btate conventlon pmnmlgnleullbcrfl platform, | schemes entered to pssure fta en- | countyls about 600. ‘The Democrata aro par- based upon the policy of Haves' Administration, and make 30 appeal for the Independent move- ment totake charge, for this canvass, of the Republican voters of Alabama, Had this been done, there is no doubt tne Democratic Btata ticket could have been defeated. But when the Administration Republicans reached here, they found that Senator Spencer bad sent allbia old wire-pullers to the Conventlon, not for purposes of harnony and_suceess, but to assall the Ad- ministration, The wraogling of these un- fortunate men in the Conveution, In their cfforts Lo canceal their real purpqses, was oainful and heartsickening. * Never before n the history of the Repubtican party in this State bas there been such unu exmbition of total animosity where there shonld have been unity of purpose and harmony of action, Mr. C. C. Sheets, who was removed by Grant lrom the offles of Slixth Auditor of the Treasury a lcw woeks after his appolatment thereto, and who was recognized s tire defeat, and possibly 'permanont dlanster. Bo far, therefore, as Alabama is concerneid, the Becesslon Democracy will have a clear front and an open fleld. They will elect thelr Bourbon ale ticket, thelr Leeislature, and cight mem- bers of Congress. This Lezislature will elect & Bourbon to succeed Spencer. Had the latter been a patriot and sacrifived personal ag- grandizemont on tho altar of party, a Liberal Legislatare might have been clected, and possi- biy four memucra of Conaress, While Presdent 1iayes and his {rienits may have done many acts to crlgplu and disorganize the Republican party elsewhere, LXT TN COUNTRY AR ASSURED that thoy have done all they counid to rescne Alabama from Bourben domination, sod_to make the next Houso ot Hepresontatives Re- publican. I disaster then coines upou thie na- tion by the trinmph of Jourbunism In this Sinte, Benator Spencer and his adlierents, who referred personal gratitication to Republican rlumph, can content themseives with haying contributed very largely tothat resuit. The true Republicans of Alabama desire their com- rades fo the North to know that when they were called upun to make sacrillce for the good of ticularly anxiotus to make astrong local ticket, so as to at least hold thelrown, Thelrnominating Convention was held to-day, but after selecting dclegntes to the State Convention they ad- Journed, deciding to walt until after thie He- publteans had nominated thelr clty and county ticket, and try and gat some advantaga from ita opponent's biunders. J. M. Btrickler, late County Treasurer, the most popular Democrat In tue county, who haa siways run far ahsad of hla ticket and been helped by Ropublican votes, {surged to become s candldate for Mayor of Denver, But it is belleyed that he will not consent. If he does, the Republicana will prob- ably put up W. I, Piorce, Chalrman of the State Committee, or Freemnan ' B, Crocker, cither of whom could win the race over Btrickler. Aside from tha Stato and county tickets, tlicre is & keen looking shead to TUR UNITED STATES 8KNATORSHIP, To this end much cara will be taken by both vartles to name strong men for the Leglsiature, Fifty Representatives and thirteen Btate Bena- tors are to be chosen. Thirtaen Benaturs hold ovor, Of these, nine arc_Ropublicans and four Democrats. Tue last General Assembl. SENATOR SPENCEN'S ONOAN in the Cunyeution, displayed an amount of meddlesomo dictativn whicin was of ftsell sut- fulent to have thrown any ordinary body of men inte confusion and disonler. Led by Mr. Sheets, \ on the 8penceradhierents prevented the Convention | the partyand the Union, they hesitated not, but | joint ballot, stood 61 Republicans to 25 Demo- from' taking that high ground which the Ad- | bnt did in their power to save the Govarn- | crata, It will be seen, then, that tho Demo- mintstration Republicsns had struggled for, and which only conld bave secured the lndepend. ents, the Conservatives, and a Jarge body of votera in North Alsbama calling themselves Greeubackers. ‘There is no doubt that, to some extent, the :nl!uv of President Flayes towards this section us {njured the Kepuolican party. Laving no azes to grind, no friends to reward or encmies to punish, I propose to write the truth, tho whole trutiy and nothing but the truth. There were meu hangiog on the outskirts of the Ite- publican party ia this State whose only purposs was 10 keep up a state of alarm tn Lhe country by weans of outrages in the BSouth. Wheu President Ifayes gave these men a death-blow by uvpoloting conservative Republicans of a Ligh order of ability and of unquestioned char- acter, these guerrilias hasteoed ioto the Demo- cratic_party, where they properly belonged. But Scontor Spencer liss made good use of sotne of these men fn his efforts o maka the country believo that s Republican Stats Con- vention in Alabama DENOUNCED RAYES' ADMINISTRATION, Had tha Republicans of Atabama known that thie Convention would liave beun called upon to speak In reference to the Adminlstration, ning out of every ten Republivans in thls State would have Indorsed it and encouraged tho Presldent to continue as he begun. Not that Nepubiicans gunerally belleva that the volicy of the Admin- tration is just right and proper; but they have became convinted that, under all the clrcum- stances, that pollcy Is the best that could bave been enforced, and Republicans prefer it to the Soencer system of pulitics, which rewards only thiose who are capable of dolug the muat ques- tlonable and disreputavle work, The peoplu of the North have sccu what character of men tho Spencer system places lu_respousible ofticial po- sitions. The scandals growlng out of Shcets’ re- moval from the Auditor’s office, the Mubile Custom-touas and Post-Office, and the Hinda mail-coutract frauds, are all the direct resultof Senator Spencor’s system of politiess und, al- though these trauds vod scanduts drove nearly every decent Wwhite citlien from the party, Speucer does not appear to have profited by cx- pericace, but rather to have grown mors and more in Jove with his system. All these dis- reputable schemes ought to have been exposed to the country loug agu, becauso the Northern people, who have been truo Lo every noble sen- timent and Impulse of the times, should have been Informed of THA CHARACTER OF THN MEX ‘whom they have been called upon to indorse as ‘Republican leaders In the South. Im Alabama thero are thousands of the best white cltizcus who desire to defeat the Bourbon Demucracy, aud who would gladly accept the opportunity of oxpressing thelr opinfons at the Lallot-box, bue they cannot sueritice their social stauding by acting with tho men whow Bonator Spencer hus choscn 58 leaders of tho Hopublican party i Alabamns. ‘These good citizens who desire to_ aid in defeating Bourbonism know that Mr. Spencer {8 encouraged und backed by the Democratic leaders lu Lis efforts to con- trol Repuolicaulsm ju Alabama, Thess Detno- cratic schemers who back Bpencer know thut so Juug e Bpencerism obtains in Alabatna politica but fuw white citizens will ever act with thy Tepubllcan party; hence they encourage Bpen- cer in hus scheming, and the result 18 tho dis- ruption and disorgauization of the Republican party fu Alabama. JU'hie Republicans of the North, no less than those of the South, sre vitally Intcrested fn carryiog the next llouss of Representatlves, ‘This 14 & wutter which rises in importance high above all pettyquestionsof personal azgrandlze- ment or the gratitication of persunal schumies. Alabams has not a sinvle Republican ltepre- Acutatlve in Cougresa; vet two ol the Congros- slonal Districts [a this State ar decldedty Re- Buhlll:nn, while two mora could be rescued fromn ctnoeratic cantrol by proper managemont, TIE ADMINISTRATION REPUBLICANS here were prepared to make oy sacritices nec- essary to lisure the success of a Congressional ticket nominated upon o broad, iberal plate forim, which would receive tho indorsement of the Conservattvea and Tudependents, Hut Mr, Hpencer's strikers in the Conveution to-day de- stroyed all hope ol Republican success in three of the four Congressional Districts which conld liave been carrled by proper management, Mr, Spencer will not permlt any Republican to be nominated tor Congress unless ho can coutrol his voice and voto, and he must control them to the full extent of oppositiou to tho Adminis- tration. Mr. Spencer’s Federal offlce-holders in Alabama sway an fmmenso power for cvil in this emergency. ‘Tnis very Convontion itsclr, fustead of belog held in” the State Capitol, where all political couventions have heretofors been beld, was purposcly convencd In the United Btates Court-roomnt, that t wmight he under the shadow and inlluence of Mr, Spen- cer’s Unitod Ntates Marsval and Districe Attor- ney aod their bangers-on. The result (s the coinplete divorganization of the party fn Al buma. The platforiu and address, which we, adopted by the Convention after three-fourths ment from desceration and rufu at the hands of Bevesslon Demox y at_the Houth and Cupper- head Democracy at the Nurth, Rionmcizu. COLORADO. INFLUENCE OF RAILWAY COMBINATIONS, Speclal Correspandence of The Tribune. Denvzr, Col, July 6.—~Thers arc a great many men busy at polities in Colorado at this tinte. The State election fs three nionths off, but candidates and thelr friends have so warmed up to the work that thiugs are fast gettingtos white heat. I spoke ina former lettor of the beariog of the late railway combinations ou our coming eloction. Of tate the plans of both partles have become so well devcloped that somo idea of Low matters ore going to turn msy now be gained. The railroad influenco secms content tocarry ona polnt,~the Unlted States Senatorship,—~but jn dolng that it has got to take the whole Democratic party nlong with it, a Jarger contract than is desirable, and a thing that keeps sugzesting to the Unlon Pacific-Kansas Pacific nlllance the pity that thelr avalluble man {snot s Reoublicar rather than & Demozrat. : PORTICOMING CONVENTIO... The Democrate meat at Pucblo on Wadnes- day, the 17th of this month, to name their State ticket, The Republicans meet at Denver on Wednesday, Aug, 7, for the samo purpose, A full State tickot Is to be clivsen at the election, which occurs tho flrst Tucsday in October; also a momber of Congress: and the Leglslaturs which shall be elcctea will have the important duty of decidiug who shall be the Hon, Jerome B. Chaffee’s successor in the Umted States Senate. It will be scen that thers Is much at stake, and the iutcrest alrendy taken In the matter isnot, alterall, much to be wondered at. The clalins of certain sectlons of tho Stato aud the threat of some outslds factions wiil scrve to make both parties very carcful in the choico of thelr ‘candidates. The Ban Juau mining eection, which has thus far produccd mora politics than bullloy, has at all the Terri- torlal or 8tate Conventlons since 1874 made ftaell notslly conspicuous, and threatencd to bolt Il not given a good show on the ticket. It bas pever vet surceeded in getting much of anvthing, because tho people down thers were so0 much DIVIDED AMONU TIEMSELYES that thev could not conceutrate on any candi- dates. Thoy could have uumed the “United Btutes Scuator In lleu of Henrv M. ‘Teller two years ago bad thoy not scattered about so much sud divided thelr efforts to the vory last, cach locallty hanging to ita speciul favorite, Tho Bouth, which takes in all that portlon of Colora- do un the other alde of the divide, and inclu:tiog El Paso Couuty also, fs on geuera! principies duwnon tho *f Denver Rlng,""—a term which means pretty much all ot Northern Colorado. The Mexicans, wiich aro a large element fu the South, are very claunish, and. without regard to party aflillations, ara very apt to vote the ticket that zives thelr section the largest number ot eandldutos and tholr race the must recogultion. ‘Phero aro, then, theso three eleragnts of disturh- ance affucting botl porties, Outsido of this there ary clements of considerable strength thut wiil bave to bo catercd to in maklug up the tlck- ots,~such as the Probibitionises, Equal Rights Leazues, Ureenbackers, Lubor Unfons, aud raii- roau rings, Nono of these factlous is stroug enough to put forward & Btate ticket of its owns but all have so wuch strength as so be well worth cousiderlog. THOSE WILO WANT TO DN CANDIDATES, a3 T bave alroady aald, are numerous, For Gov- ernor, tho names must promlucut on the Re- bublican slde are F. W. Pitkin, of Ouray; L‘znrzu M. Culcott, of Pugblu: Ilermau Boul urts, of Denver; and B. B, filllcs, ot Denver. oy, Routt 1s also talked of, hat ha Is yuder- stood o be so fully absorbed with his Loadvilla bonanza that hedoes not desire a re-clectlon, Wilisin M. Clark, the prescut Secretary of Biate, would not Lo averse to headlng the ek, et It s sald. J, C. crata must elect thirty-uine of the new mem- bers to have s majority. This may well bo looked upon a3 up-hill work. Yet, with Love- Iand fa the lead, thoy hope to gather up all the odds and ends, and profit from the several fac- tions,~Woman-Suffrage, Prohibitlon, Green- backs, Labor-Untons, Mexlunn.—qu In soma way succeud. THE PRODADLE CANDIDATES for United States Senator on the Republican ticket are ex-Gov, Evans, Prof. N, P. Hill, and, Duulblliy, Muses Jlallett and T, M, Bowen, Je- rume B, Chiafles has announced his determina- tion to retire from politles on account of fil- health. Should be be persuaded to roconsider this step, he will undoubtedly go In without much serious competition. The Dewmocratic programme can sce no fur- ther than Lovelana now; It belng arranged that Loveland shall vacate the (overnorship to his Licutenant, Miguel A, Otero,and go the United Btates Henate. Providing, of courae, that he geu the Governoursulp, and, farther, that the (exislature |8 Domocratic, Bela M, Hurhes, Hngh Butler, and Torn Macon will have a zoari Ifollowing. TNM GREENDACKERS hold a Btato Couvention at Denver on Aur, 14, This follows both of the other Cunventions, and it 1a Prohuble thetr tickot will be made up larguly of the most accoptable men oo the Re- publican snd Democratic tickets, I hinted at the influenca tbe various factlons wora likely to exert in the chioice of candidates. The Woman-Suflrazists bave organized an Equal-Rights League, and it Is their purpose to work up public sentiment so that when next submittcd to tho vote of tho people femalo suifrage shall be granted. Ex-Gov. Evans ls prominent in thia mayvement, aod would vatu- rally be thelr favorite candidate for tho United Btates Senate; but rI‘xm lere comes in Mrs, W, . 1, Loveland as Presidcnt of the Jeffurson County League, a Lappy circumatance for the aspiring Democratic caudidate. ‘The Prohibitivn purty favor Mayor B. B, Stiles for Governor, and will exert thelr Intluence to induce the Repup- licans to nominate him. CONGRESSIONAL. BIXTH WISCONSIN, Hpectal Digpateh to The Triduns Osungosy, Wis, July 12—The Greenback Congresstonal Convention of the Sixth Diatrict ot here to-day, aud for three hours furnished uproarious anusement to a crowd of loafers, Cul. M. Bellers, of Fort Howard, was olocted Chalrmon, and G. 8. Karme, of Omro, and E. Vetersilia, Sccrotarles. Thirty-five delegates wera prosent. Boyaton, of Winanebago, West, of Waushara, Bteele, of Outsgamie, avd Peter- silla and Osborn, of Winnebago, wers appolated s Comumittee on Resolutions. Deterallla fs a German Soclallat of the raukeat type, and last fall wasa Boclallst candidate for Attorney-Uen- oral. The resolutions demand the repeal of tho Resumption act, the abolition of Natlonal Bauls, the unlimited {ssus of greenbacks, and the strict accountabllity of the Representative to his constituency, The tollowing unique doc- ument was acloptod by the Convention, aod was sigued publicly by the candidates. Knaw ull mon by these prossuts: In considers- tion thot the delegstes of the Bixth Congressional District of Wiscousiu, nesewbled at kosl, Wia.., on tbe 12th day of July, 1478, have nomi: nated mo, and propose Lo lutrust nod deiegate o with the puwer Lo act 2a their attorney and repre- seutative of the pighis and Inlerests of the peopls of sald Bixth Congrosslonul District In the natlonal affairs of our Goneral Govornment, mow, thorcs fore, 1do bemhfi nledgo myaself, upon the houor of & trua clilzen, that, Jn caso 1 aw elocted as u mémoerof L sa, and as long as I act in tho capnelly au & ropresentative of the citizens of the #ixth Congreasional District of Wisconen, I will constder wy Individual {ndepondonca of Intorest of recondary impoctance to ihe gensrul welfare, aud 1t ohall be my conatant and solo abieot to fure ther the [uturest'ana promote the welfate of my constltuents, 16 accordance with tho wisles and princiules fn'the foregoing instrument In- wrlting sxprossnd. On tho fth ballot P. A. Griffith, of Oshkosh, was nominated, rovelving twonty-two votes out of forly, A row now cusucd, when it was ols- covered that forty votes had been cast aud ooly thirty-five delczates wero presont, Grifiith was idlunlly declared the unanhmous nominee. Ho appeared befors the Conventlon and ot- tempted to make o speech, but broke down Iter two'or three minutes. Gnfiith taan un- specting Welshman wito lias been lured ot o accepting the nomination by a crowd of {m- pecunious dead-beats who' expect to mako ntauey out of i, It was openly announced in thu Couvention that Grifilth bad moncy, aug wouid ahell vut, —_— e —— GETHSEMANE. Iu golden Youth, when sceme the Earth ilson, Unlted States Col- Jector, is aleu & pussible caudidate. Judglog fromn the way things now look tie nomination les between Pitkin wnd Beckurts. Were Cls cott to wake adetermined ight, the chai would be miuch in his favor; but his frisuds sro coachio bl for the Unlted Srates Sooate, Pitkin {s most likely to be nonilnated, as the San Juan country atd tha South aro well united on hiny, aud 1t 18 80 lml;‘mrlnuunn to San Juan, Beckurts can have the Lisutenant-Governorship 1t he will tuke 1t. Ho is a very popular citizen, and carrlea the Uerwans aolid, For Bucretary of Btate the priucipal candldate is William M, Clark, If he does not get sumethlng botter. For Auditur, E. T, Elliot, of San Juan, and 1, C. Obarl Fur 8tats Treasurer thero will bo be S A Susnacr-land for siuging mirth, of the delegates by come wearied, disgusted, ulte ramble, with Fred Walson, of Huer- izhi Rud hopaless, was : b | oo, aud R, rice, of West Las Antunus, 1 | ey hacs mare il tit bonils are lakt PHEFARRD BY SPENCER'S ADIRRENTS for the sole purpuse of assalliug the Adinlnis- tration. As an oxpresslon of Hepublican sentt- ment tn Am.-m;I let the Northern peoble uuderstand® that it was promulzated vot sincero profession of houest opiniun, but as t| clap-trap of & United States Senator aud hi adbieronts, who, tu gratily toeir personal ani- wositles, would destroy tho Itepublican party of Alabama, Mr, Spencer wishes it to go North that & Rupublican Btate Conveution fo Alabams assailed Prosident Hayes' Adwilvistration, and ho s still further gratified to clatm that this We do ot know t, out there Somowhere, velled uuder evor A szaeien all must somotine Uctasomaue, Uethsomano— Sumewbero fles our dethseman thy lead, 7118 DEMOCRATS in Nortnern Colorado seem to be quite unant. us for W. A. 11, Luveland for Uovernor, and as b ot good wourkers It is ore thau 1lkely ho will win, ‘The Lovelund programing carried out as now arrunzed would make M. A, Utero Lieutenant-Governor to canture Moexican votes, Abe R, Ellls, of Puebly, Treasurer, us o concessiou to the Soutb—with the minor ofticus scattered well around 0 that all localities will Liove sorae special spur to Lielo slocg tha ticket. 1t 1 sacd that Mr. Loveland does uot want to With joyous atops we go onr ways; L.ove fends & halo o tue daye: Liznt surrows wail Hke clouds afar; We laugh, and aay how atrong wa are, Wao hurry on, aud. hurrying, o Cluse (o the border-land of o, *Fhat walte for you, ana waits for mo: {iethsemsue, Gethvemane— Ulrnlvunlltun s c.l“ua m‘ Rfipuh}lcuufi*ul‘illl be flluveauul? .bl‘xlt ulu: “«:her‘ n-gl to Il'rv“" ¥oraver wails Gslluowane. shudes of oplujon, 8 & stroku of polley Mr, namely tho Unite: tates Benatorship. o I8 Rircncers achemeTs apout aa wiso as thesct of | baeked for tis place by all the. rafiroad fullu: Down shadowy Junes, across slrange aireama Beldeed over by aur droken dreau ehind the misty caps uf year Cluse 1o 1ho great salt fouut of fea Tho garden ias, Btrive sa you m You cantot mise It iu your way, the man who sawed olf the Hinb of a Lree be- twoen bimselt and the tree. ‘Yhls Convention waa cxpected to make soma doclded dxpression agafust tha schowe of the Bourbon Dumocracy euce ol Colorado, whieh includes ths Unlon Pacitle, Kansas Pucific, Colorado Central, snd Denver & Hio Grande. 1f he concludes to se- cept a nunioatlon for Governor, it will be to bsukrupt the nation by the payment of | merely in the hupe ot pulllnq the ticket All putns that have becnbanhn\bv. “Bouthern claims™; and it was also | turough. Then, if the Lelstuturs s Democrtie Pass somewheru throuh Jothsemane, expected to denoutice the attempt of the Porter | enough, he will be chosen to the United States All thios who jousney, soo Must p n the gar Must kncol slune i darkn Counplites to revoiutionlze the Government and juaugurate the Mexican systow of suc- cesslon; aba It was also expected to speak pludly upon the sublect of Democratie bostility to tbe colored cltizens, and the policy ot “countlug out™ which Domocratic elect’on ofticors have iuaugurated fo countics where the colored vote largely outnumbers the white. ‘I'he true Ropublican” repressutatives desired to adopt an address to the country veiting forth TUB DIYFICULTIES UNDEK WIICR KEPUBLICANS IN ALABANA NOW LABOK, and tho uselessness of nominating s straight Republican ticket,—useless because thie Bourbon revolutionary Demouracy controt ail the election wachinery, sud would count just what they de- sired aud no wore. But when it bocue sp- parent in the Convention that Mr, Spencer had puckeda it for the sole fluruun of assalling the Adwlolstration, snd that tbe Speacerites would assent to uu propostion which dud oot pulutedly denouncs the Prestdoot, they reslened thomselves to the Juevitable, aud there- after were 0o part or parcel in the wurk of tne Conveutlon. Taat portiou of the Speucer plat- forus which asealls the Adminlstration was ex- pusea aud devouuced by the Hon. 8. O, Reid, formerly one of the leading Dewocraticcitizens, whose couscrvative principles wud Untonlan tnfli‘“le\i L joto the Uolou rauks, where he bus beeu & cousplcuous wnd briitlaut representa- tive of the highest standurd of Republicau sen- timens. Such men ws Col. Reld could Lave bullt upastroug and bigh-toned Kepublicau sen- tinent swous the peovls bere, but Speucer hus mauaged to preseat tue confirmagon of Rewd us United States Murshal), dhd ex-tiov, Purvons as Distrlct-Attoruey,—retalvivg in pluce tWo yuung lsen seut here by Spencer to Gil thess fwportant truats three yow s sgo. TUE BESULT OF THE CONVENTION to-Uay sy besuwmed up as the dual dishand- Henate, This is the procraume as arcuuyed at Denver and Golden. Bouth of the divide the Democrats are pot such ardoat sdmirers of Ar, Loveland, They bave - BRVERAL HODS IN PICKLE down thare. All through the Mezican counties Mr. Ofero witl do for Governor, und nobody else. Throughout Ban Jusn there is nubody like Adair Wilson for the United States Scoate. ln the Ban Luls Vullev thoy waut Dr. M. Besboar for Congress. Pueblo County {s solid’ for Abc R. Ellls for Btate Treasurer. It theso ‘varlous sections shiould combiue, they would get away with all too fat offices; for there I3 golug to bo & wtig spitt in the northern counties, aud the Loveland crew will have thelr hands (ull to stup the mouging. The dissatisfuction grows vut of sevcral cau: Uep. Bela M. Hughes, Dem- ocratic caodidate for Governur two years 8o, was *‘glyen away' by IoHucuces whicn the Lovelaud outlit, bad thoy put thelr sboutilers to tho wheel, might bave averted. Tho Hughes following is qulte forwiduble. They huve been suubbed lu the bouse of thelr fricuds, Thoy will uot rully totue Loveland ticket with any euthusiasmy. They are likely to get *red bhot” over 2ho matter, and may £ over Lo the esemy, Ex-Mayor Buckingham, of Deuver, ought o have been tha Democratic omluee fur Governor Lwu Years azo; but his friends were swiliuxly as- aured that they would take biw up *pext thwe, Bug be fs “suutfed out” entirely. Harloy B. AMorse, an awbitlous Bourbou UF IN TUE GILFIN GOLD BEGIONS, bas been wanting somethiug bad. wud canoot suo why be should bu stoved aside by the Love- Jand outfit. Mo bas ajurge following, sud there will bu some ewcariui if thiuge dou't take & ditferent turn. Hugh Butier aud Tow Macou, two able lawyers and politlclans, waul to gd to Cougress, bul tbey are left off from the Love- laud slste. It bas beea thouzhit to Lo part ol ol pity thuse who caunol say, ++Not inlie, but Taine "+ who only pray, 44 Lot this cup pavs, " and do not seu Tha purposs in Gethiemane: Getheemane, Gotlisonia Uod biolp us through Gethsomane! ELLa WussLes, ——— ABOUT PRICES. To the Liditor of The Tribune. Cuicaao, July 12,—There aro & fow fguda- mental principles which ougnt to be regarded i ordor to clearly comprechend and understand aoy subject. Thero s perbaps no topic of ereater nterest to the citizens of our country tbau that which treats upon flusnce. Wo may aafely add that fow, If auvy, themcs bave 8 more varied or diversified class of material than this, ‘Whille it is sdmitted that fnance ls, or should be, the great study of the people, no well-de- Onod code of laws bas beou lald duwn upon which all may sgree, and upon which all wmay salely build. ~ 1 pruposa to submit brlcfl{l fow fundaweutal rules or axiows, which, I trust, m-by_ l:nme-\ the lutelligent reader on this aubjoct: I.’ By alwoast common cousent the nations of the earth bave fixed ubon the provious mu gold aud sliver—ss the rebresuntatives of value, Aond heuce theso metals are tho basls of the virculsting wediuw with the enlightencd uatious of Chrlatciuton. %, Tho valus of wll corumodities depends upon two thiuge: the abundance of the supply (of sbe cowwodity), sud tie volume of the cur- rency, It'is o settled fact that lke causcs will pro- Democratic party In_Colorado, and will weaken factions are not admirers of *Tom;"” and the uco like effcctn. [will not olaborate on this, my second proposition, but onlvy remark that, amee our natlonal existence, prices have heon widvanced by the largo addition of these metals, eanecfally of go]a,—the products of Australla and Californla forming ‘an $mportant part in this Increase. Soon after the Revolutionsry struggle of 1770, tome of the large manors of tha State of New York were lensed for ninety- ning years at ono bushel of wleat, or fen cents in cash, acre. By the redundancy of our currency, sinca that time, tha tenants of thesa Innds have found ft profitable to sell thelr Wheat, and pay cash for rent. (If wheat was only warth 10 cents a bushel, the causo was tho cost of transportation to & market, which atc up its value. ‘e can find no sccount of wheat solling in the seaboanl citics at that time at less than four to elght times 10 cents per busliel; and, befors the Cal- {lornian aud Australian gold deposits were dls- covered, wheat sotd in Naw York for many yoars as high on the averagu ns it Is now, Nup- Dly and demand and coat of transvortation srs tho great factors In Hxing prices whoa businesa {s done on & specio basis.—EDp,’ st has taught this fact: The lllalfl( of tho ‘That the inflation of our circulation has been dotrimental to tho Interests of the masses of our citizens, \Ville it is truo that expansions of the past have flosted thousands to tho sur- face with a great increase of wealth, it {s slso true that it has sunk tens of thousands into liabllities from which it {8 hard for them to extricats thomsolves. Tho promises of the Gavernment, in the Continental currency of the Rovolution and tho greenback curreney of later timee, were a mili- tary uecesalty. The. sequel, howover, shows that certain prominent evils grow out of ex- pauaion, nmong which are unsett!log of valuca; A lnck of equalization in the values of all com- moditles, Incluaing labor: and last, though not least, tho Indulgence of that apecies of extrayva- {zam:e which cntalls burdens upon thousands bat fusure time will not remove. No one causg has brought about onr financiat embarrassment since 1873, but a combination of causes. In making, es the doctors say, a dlagnosts of our conaition, we flnd a complica- tion of discases. ‘Lhese difficulties are not only of a personal, but of s pollitical, chiaracter. ‘Wae have sinned largely by our extravagance; o have arred by our tnffated hopos and expectd: tlons, which have caueed us to enter Into spoc- ulations that could not be upheld {n the light of reaton, or firat-clasa common sease. The fruits of these crrora are, in brief, this: A debt resting on our Nation, States, munice ipalities, corporate companles, and indiviluals, awmounting in tho sggregate to over sslom,mo,- 010, Wo have lessened our obligations within the 1ast tow years by our courts of baniruptey about. ,000,000, bestdes the large amnounts pald oft 10 our commercial lntegrity without dlscount. ‘The outlook to-day is more flatteriug than at any time recontly In the past, from thesocauscs: The balauce of trada for some time in_the past has beon fn our fayor. Retronchment has (from almost necessity) been tho rule for the past five vears. Our country 1s blessed with gencral bealth and abundant crops. Tha best of all fs, that we have learnea by experiencethe necessity of llving within our means. With 2 untforin currency, and the gradual re- turn of confidenice In commerclal clrcles, we may sately conclitcdo that the Rubleon Is pressed, and we can stan lirm once mora in our faith In the people, and fn those ropublican institutions which oxist only for the peuple, by the people, aud in the people. R. W. Il1xokLaY, HONEY. 4 Prof. Kont on tho Uses of Money—Amount aud Kind Neoded, To the Edilor of The Tribune. Drrrotr, July 11.—Tho present inancial de- lusions arise largely out of ignorance of ele- mentary principles upon the subject of money. This moy cxcuse a restatoment of some of these principles: 1. Money Is simply 8 medium of exchange. 1ts solo object Is to avoid the inconvenicnces of barier-trade. When thers is money enough In any community to make barter-trade unncces- sary, the supply is sufliclent. 2 The amount of money {n permanent circu- lation in any country, or in the whole world, is a matter of alnost no conscquence. A small amount daocs the work of & medfum of excliange Just os well as a large one, because prices cor- respond with the amount, If'wheat were 10 cents o bushel and otber thiogs In the samne proportion, the exchanges could be mads just as well 28 with wheat ot $1a bushol and other vrices corresponding; and the smount of money required would be on the first supposition but onc-tenth of that required by the last. 8. An Increase In the amount of money in circulation does not increase its efectivencss as & wedfum of exchange. ln the proper acasc, money is made no mora plenty by an Increass of the quantity. The effect of an increase of the quantity In circulation, the business remalu- ing the sawme, is Lo increase prices; and the new vrices as completoly absorb all the money as did thould. It s eaid that monoy was scarce f Lichinond whon wheat was $10 @ bushel, Nor does tho Increase of the amount of movey tend permanently to Jower the rates of interest. Kather, it the voluma of mouey n circulation 18 on tho fncrease, this will incréuse the rates of futereat, aince 1t will sc to make business more profituble. Money I8 borrowed Iu order that the borrower may purchuse somothing— labor or property—out of which ho hupes to wmake s profit, and the expected profit usually determines the rate paid, Now, all busincss aecma more profituble when prices are jucrena- Ing, Aud s nan who buys s sure to be able to sell at an advance. ho rates of inicrest can only be Jowered Dby an increase of capital {n proporiion to the demand. Capltal is not mousy, but property which can bo put ton profitable use. Mouoy represents capital; but an increase of the amount of money dues not fucrsase the smount of capital, any more than doubliug the memnbers of Cougress would duvable tho pumbers of peopls whom thoy represent. 4. ‘The lncrease of the tnoney ln clrculation 1o proportion to the busiuvss does Injurio affect all those who Liave moucy In thelr posses- slon at the ttme of the increase, and ail who have muds contracts by which they are to re- celve money tn the futire,~that is to say, all creditors and all who work for wages, An crease of money by Increasing prices dimivlshes the purchasing power of monny, aud bouce takes & certain amouut from all wages sud tfrom creditors. Thoaifoct of this upun sny man who sells his labor for & fixed period at a fxed mouncy- rute s very disastrous. He may not get in real valuo hall 1 what be had s right Lo expect, An increasing, and therefore depreclating, currency alwayi (focta & laboripg twan (n proportlon tu his aeans more than, any vne elsc. His wages never increaso as fast as the depreciation. 1le has not tlme, or perhaps kuowledge, suftictent ta look forward to the probable depreclation of muoney, and make his contracts on this baals. 8. The firat essontial in & currency 1s, that It be stable; that it does not rapialy change in value. Boclety finds it necessary to” mike con- tracts which must be tultliled fu monoy periaps many ycars ulter they arc made, Itisot the greatess cousequencs that both partles to all contracts tnvolving the r‘.\vmen: ol monoy at some future time should be able to calculute with soine certaluty the probuble value of the wouey whon it Is to be pald. A curroncy rapid- Iy decreasiog or Increasing fn amount makes such calculutions impossibie, and hence tends to make euccoss in busincss an ailair of chaoco rathicr thau of akilltul calcalation, 0. ‘Tug great objection to (rredecmabdlo paper mouey 1y, that there is no way of properly lim- 1tiug tha awmount issucd, vAé it costa noihng, and at tirst passes alwost Jiko coln, thero s a great teptation to issue so much as Luproduce ah hnmediate dopi tion, ‘This deprectation ukes a rise Iy prices, which seems to wake business good, ‘The riso (n prices sbsorby tls monoy sud makes 1t as scatce 88 before. Tula leads to s uow demand for wmore money, It must be lelt to Government to determine the awount to be fssued. Tuedebior claseand wuny business-men who think prosperous times ure madv by & coustant fucrcase iu prices, sud 0 appareni protit, are likely to nonnunll{]dr maud new lssues. Tho necessities ot tbe Uoy- crument may lead to the sumeresult, 1t scews » pity to burden the peonle with tuxation when woney euough for the wanis ol Lthe Bovornment sy bu bad at the expense of printlug it. The workln, of thesu causes I8 suro to briog about furtber and farther {ssues, aud greater and preater depreclativn. 10 an attompt 18 made to check thls tenduncy, tostop further issucs, and to dimluish the amount in clirealation, thero s sure to ba & great cry of Liard Limes, wideh fuw Goverowents are stroug cnough to resist. But vither & pollcy of coutraction must be eaterod upon, with all its ovlle, oF succossiye lssucs must dually end tho rejuctivn of the paper as absolutely worth- » oas, 7, The great advaotage of a curreacy of gold sod silver Is, that it ls comparatively stable, ‘The amount cau only be Incredsed by minlog ut great oxvense. And the swount to bu bad by wiyiug s restricted. Then, a3 it Is the currenzy of the world, any lncreaso spreads ol over the world, und so but slowly alfects prices. The objections to s currency of coln generally mads are, that there is not enouu of It to do bisi- neas, and that it 18 00 costly. As 10 the iral, peaplo often talk a3 thowish [L required as much curreney o do busincss as the value of all tue ‘exchunges of the counury during a year,—for- Kettlug that ous dollar uay bu used fu thou- sauds of cxchanges duslug wuy vue year; that often during onc day a certain sum will pay many dobta, ench as large as itself. Such peo. plo forgey also tho second principlo which [ have stated, viz.: that A emsll amonnt of money, by decreasing prices, will do the work ot exchange just as woll as a largo amuunt. The cost of 8 coln currencs i3 nat very lerga, 1t tho sum of $300,000,000 of coln s necessary to keep_tho currency of the United States ro. deomable in coln, and this seeins & sufflcient og. timate, then tho cost of this curroncy is the in. tareat of $300,000,000, and whatever fusa thera |y from tho wear of the cofn. I cannot cstimate the last {tem, hut it cannot be largs, The In. terest of 300,000,000 at 4 per ce outd by $19,000,000,~—430 cents for cach perS@&#ona pop. ulation of 40,000,009, or $1.50 for each famfiv o five. Tnis is not 8 groat Hrlco o pay for a stable currency. Comoaro with it the loss which any workman may suffer durlng & yeéar fromn tus must moderata depreciation of the eurrency. 1t & laburer Is employed for a compensation of $800 & year, and tho purchasing potwrer of that sum I8 diminlshed 10 per cent by an increase of the currency, ho wiil loso $30 thereby. C. A. Kmn1. GOLD DOLLARS A DRUG! The Government Finds It Impossible fo Kesp ‘Them in Clroulation. Kew York Graphte. The followlng alarming dispatches have just coms to hand, per private phonographs Speeinl Disputed to tha Granhic. WAnmnofiv. fll 10.—Taero 18 areat excite. ment nere over the discoverythat there I8 in the Treasury Dopartment $101,343,014 in goid coin, “This clearly shows that tho law authorizing the cotnage of gold was uuwlse, and 1 virtually o dead letter. SECOND DISPATOI. . WASHIRGTON, July 10, 4:20 a. m.—The cond. tion of things I8 worse than at first supposed, It scoms that gold coin has actually been paiq out in Jargo quantitles from time to time; but the effort of Mr, Sherman to get rid of it hag Leen utterly futlle, as peog]e refuscd to hava anythlug to do with It, and patd it right back again lmr customs-duties. The tumuit la. creases. THIRD DISPATOH, Wasnxatoy, July 10, 7 0. m.—~The Hoht ar. tillery has been ordercd out. A great mob sur- rounds the Trensury Department cryiug * Sher munt” % Shernianl’? and demandiig to knaw whethor it is true that e hos been unable to get rid of his gold. o is scen throught a win. dow busily counting over money. Great sy pathy Is expressed for bim in sotne quarters, FOURTH DISrATOn] ‘WasminatoN, July 10, 13 m.—A phonograph has just been applied to the door of the 'Ireas- ury, snd it reveals the Immllhilufi’hct that the Becrotary is whistlivg * Yankeo Doodio ins calin, sbrlil voipe. A Congressman who voted for tho act aufhoriziog the coluage of gold has been found and badly hustled by the crowd. The excitement is unabated. HARK)] PIPTI DISPATONR] WABHINGTON, July 10, 4 . m.—The greatest fear is expressed that the sadconditlonof things will bring greenbacks down Lo the prica of goid, Tho yolce of a brase-band can be heard coming up Pennsylvanla avenue. Troubls is feared. An_cxplosion of—[The dlapatch abruptly broke off hore.] BIXTIl DISTATOH. WasixaTox, sume day, evening.—Theamount of gold colu lmprisoned in the Lreasury is even greater thao at flrst_ruported. I amounts to the sum of $101,343,016. Nobody will have i, Miltfons ot dollars of it has been pald out, and 1t comes right back again, Tha remonetization of guld was a bitter fallure. The net declaring zold coln to be money will be repenled as scon :1! Cungress meets. 'The band belonged tos = reus. SAVENTIL DISPOTCH, ‘WASHINGTON, July 10.—A red-headod man, ‘without any coat, veat, or shoes, is haranguing tha crowd from’ ono 'of the windows of the bullding occuplea by New York correspondenta, Ho says our libortics aro in danger because the neopls will not use the guld, and the Govern- ment declines to It them have it unloes they pay forit, ©What shall we do about it1" he shouts. **Cheeso 1t1' responds a bowildered- looking person In the Land-wagon in a loud volee. ‘Thu combat doepous. Thero is troubly of danger. VEwras A SOCIAL EVENT. A Peoullarly Sensationol Pleca of I'un im- dulged in by nYoung Lady of LaCrosse, Win=It Only Results n ¢Chucking” » Plstol-Ball into = Man's Brain, To the Editor of Ths Tridune, MiLwaukes, July 11.—The general publlo ls doubtless awaro that the Temperanco ordens known aa the Good Templars, Templeof Honor, and Bons of Temperanco engage in fnnocent entertainments at their rogular meotings, by which the hours aro mads pieasant, the pangs of ennul sssuaged, soclal enjosment: is pro- moted, and a quict, korinless, atvractive mental and moral atimulant ts applied to the individusl who sceks under the folds of thelr protections refuste from gross allurements and temptations. Of course tno class of amusements adopted for this purpose aro elevatlog in character, chaste, neat, and nexpensi: ‘Thioy must be of pe- culiar attractiveness sccure the fixed attes- tion of a reformed fuebriate, whose yet uncured uppetite bockons himn with a flerco inthnation to «o clsowhere. It Is not surprising, therefore, that the atyle of entertalnmont becomes some- times thrilliog. Iu LaCrosse, recently, s pe culfarly sensational picce of fun sad merriment oceupled the attention of a lodgo of Bons ot Tewmperavce. A girl amed Georglo Witlis, in the oxubersoce of her spirits and actusted by the livellest Impulse of humor, swung a plstol, which she supposed to be un- loaded, about her head, and then drawing ity too i at 8 young gontlemnan named Charles Norman, and pullod the trigeer of the weapon. Asif tho rovolver in question had ftseif pare taken also of the ruling omotlons of fest sud Ditarity, it completely fooled Sliss Willls, Mr. Norman, sud all concerncd, by haying concealel in the depths of oue of its barrels a ball cart- 1t is known thot playful surprises ura asful parts of sa orgauized season of morriment, This surpriss was completely successful. ‘The revolvor which Miss W, had drawn (u such oercglous wmirth, und pointed In such amloble glee at Mr. N, astonished them both, and also the other at- tendants on the merry occasion, by going off o responsa to the playful pull en the trigger sud the bullet which it contaloed wend as plump as & snuw-ball Into the face of the gentleman, entering It just under the e¢ye aud Jodging o the bralo. Ho fiulsled & picce of fun was followed by a1 altempt of the surgeons Lo proba the depths of the orifice mado In such comlcal sport, but they ‘were uuable to find the slug from the cartrioge. 1t is thought that the young gentleman will oob survive the excruciating amusemont in which he aud the youne lady dyured so conspicuously, This looks somewhat, perhaps, to peopls of rigld ways of thinklug, ko carrylng fun too far, but reallv it will not do to ropress the huwor- ous inclinattons of young ladiea like Miuss wnllLtJ who enjoy playing with revolvers In a mixe assemblage of young fadies and geutlemen, whero thoy have met for inutual entertainment. Whother the success of this experimont in joll- ay will lead to a genoral practice of Hourishiog re-arms at terperance gatherings cannot now bu stated, but girle with & teste for thy comical sido of human_pature, aud who have an amul tion to make all the fuu possivle to & quiet war, witl doubtleas Lake it 1nto consideration. Vs e ——— MY GUEST. T'm expecting & gueat to-night, A guest of great reniwn, Whose nuwe Is heard in palace snd coly 1n city, aud deld, and tows, He {s stately, grim, and old; ootstupe are tiru snd slow: Tressures ho bri: 10 cast at my feot, More precious tuan earth can show. A conqueror great 18 hey ! lcgl that ho's heto o'on now, By the cold, siill gloow, and darkened rooy {m icy hand on my brow. ‘Then welcome, O welcome, my friend, ‘Phough chill bu your outstroiched arnef 1 usve walted years, wiln xriof aud tesrs— 1 awilly 8t your dread alarms, Cuwauo, July 10, Avaise Death Gave the Dress. &1, Louia Times, Mrs. Bchwarts, o lady dyiug on Glends nue, 1ot a little giri about 4 o'clock alterpoon inw manuer which nakes tho vase vecullarly sad to the wather, Little l[uurlcl!ll aged 2 years, attended the funersl of a cbit who dled recently in the nelghbortood, was nr,; Tuch dulighied With the preity whiie dress J tho dead child, snd uvon returulug bome bezx bLer wother to buy ber one lle jt. The nc_lj dav abe camo fute the room aud szalu slude o the dreas, aud whils 1alclus ou tha subject & littlo black kitten cawme tuto the roow, sid 108 cblld ran wfter it uto the yand. Sowo miuuted luter the Jutle wirl’s budy was found in the claters, whero sbo s supposed to Lave falsd wul chusing te kitteu.