Chicago Daily Tribune Newspaper, July 17, 1878, Page 4

. B M’—M THE CIIICAGO TRIBUNE : WEDNESDAY, JULY 17, i8i8. isiana Commissionara to bs examined, and thair festimony willbe of the atmost Impor- tanco to the Republican oase. How to pre- vent it from gelting before the public, was tho problem which prompted the selection of Atlantio City. - Qlye Tribance, RY MAIL—IN ADFANCK—~PQSTAGE PRETAID, Tafly Editfon, one Pariaof a year, por mo Funday kdition: Literary and ieiiiioi fionnia e Mr. Jonw M. Parxen, who has received a good many favors from the people of Tllinois, nud 8 understood to be sceking still moze, never misses an opportunity to alur the prine €ne capy, Ter yoar, € of 100 cipnl city of the State. e fe now running Epectme i free. a paper in Springflcld, apparently, with the ¢ tze Pont-0giva sddtest o fal, Including Btate and | ohjor parpose of libaling Ohleafo. Tho oty last effort in this direction is to refer to the *fllthy and putrld condition” of the Chicago River in language that indioates the greatest satiifaction abtho nssumed fallnrs of engl- Ecmittances may he made relther by dra Tost-Ofiice order, or 1 registered letter, TENMS TO CITY SURSCRIBRR! Tinfly, delivered. Sunday excented, 35 cents per week, Datiy, delivered, Sunday fnctided, 30 cents per weeks A\\r‘lrw oy Tl'k;"l"‘litfl\r‘.iflt'"-‘(l‘l"fxi\""vm neoring skill to clennge it. The fact is ‘urner Madison smd Dearbarn-ste., Chicago, 11l Ofters tor the feflvery of Tug Thincse at Evansion, | $hot temporarily ths main body of Englewnod, nnd Hyde Fark ieft {n the countiug-room | tho river is [0 bLad oondition, be- Wi rective promy canse tha heavy rains of n week ago flooded the Dusplaines River and canal, and necesaitated the closing of the locks 8o as to pravent a further supply of watar from the Chieago River, and a {orgible washing-away of the canal banks, But this is only tempo- rary, and reliet will come from the roupen- ing of the locks, which shonld bo bLrought about at the earliest possible moment. Tho only permanent causo of complaing about the condition of the Chiesgo River is in the North Branch. To remedy tls, Clicago Yins provided what i known as the Fallerton avenue condnit,—n huge tunnel running fieross the city and ont into the lake, through which lake waler can bo pumped iuto the North Brauch to wash it out, or the bad water of thie North Branch pumped into, the lake, This tuunel ia completed, sod only awaita the engino and whoel to make it practicablo nnd usefol. The delay in providing the ma- chinery iadue to tho financial embarrass. menta of the city, but the North Bide people would do woll to advance the necessary funds and ‘swait the ability of tho ity to repay them. We undorwtand that the cost of put- ting tho conduit into workivg order will be about £41,000, and it would be for tho inter- est aud welfare of the North Side people to ralse the money and assure the clennaing of the branch at the enrliost possible date. It Jonx M. Parxzn's maliciows encer shall stir thetn up to do this, that unsminble person will hate Chicago more than over. Tum Cuteatn TRinty for the recelpt of subscriptions tuliowe: NEW TORK—Ntoom 20 Frisune Bullding. F.T.Mo- anltahed branch offees and advertisenisnis as Tnaley's Thenire, Tandolol stieet, between Clark sad Latale, Sngazeincut of Mis Clara Morrie and (e Unlon Square A Leatre Compans. neclence.” Afterncon snd evenlog, New Chienao Thentre, Clark street, between Randolph sud entertatment, Afternouu and eventag. White Stacking Park. Take Shore, fot of Washingan strect, Gamo between th aukes and Chilcago Cluba st 3:46 p.m. e, Varloty “I-‘,DEJCSD;\Y, JULY 17, 1878, Greenbacks nt the New York Stock Ex- chaugo yesterday closed at 993, 'The Convention yesterday of the Demo- crts of the First Cougressional District of linols developed a surprising nuwber of patriots who hud ho desiro whatover {o re- colvo tho nomitation, Availoble candidates wero 50 scavea that the nomination ab last fell to an aspiraut who really dosired what nobady olse wanted, Mr. J. R. Deousrror, Jr., of this city. 1le has youth, inexpo- rience. and a plentiful lack of ability to com. mend him to tho suffrages of the Domoacracy of the South Side, und will undoubtedly ful- N the genernl expectation among Demo- crafs ns well as lepublicans by being iguo- miniously beaton in November. THE WEATHER. Though the staple topic of conversation all the world over, at all timos, and under all cirenmstances,~tho first reminrk of a now introdnetion, and the usnal greetiug of long- timo Intimncy,—the weather s never inter- vating cxcopt at the extreme heat or the ex- tremo cold of the senson, Just now the idle talk and passing remark on the woathar have a significauca thoy will not acquiro ngain till tho presont era of BLigh thermometor gives woy to an era of extraordinarily low ther- mometer next winter. Now wo sigh for winter days, a3 then wo shall sigh for the tomporaturo we now lament, Dut for the time-being tha woather certainly absorbs the attention of mankind, Nobody who ecan avoid it thinks of snything else. Profaue veopla awear at it, pious people pray for rolief, nervous paople got cross, and amiable people relapso into n comatoss condition of non-resiatance which is the nenvest approach to an escape from the genoral misery. Yesterday was our St. Lonis day. The thermometer is an insten- ment that suffers an enormous amount of siander, and unusual heat or unuswl cold places peopld in a credulous framo of mind, ready to believe auy amount of exaggeration. Tul yestorday wna worm cven in Chicago. T'hhere hiad been irresponsible rumors beforo about tho thermomotor's having run up into the ninetles, but all thoso were eccontrio and untrustworthy thermometers that had been indiscreet enongh to got too ncar the sun. No well-behaved and properly-located thermometer in Obicago overhoated itself till yosterday; but yesterday, even 06 degreea in tho shiads wan a tolarably trathfut indication of the stato of the wenther in the middle of the afternoon, and thore was o remarkable unanimity of opinion among thermometers aud bumen beings ng to the fuct. ‘Chers is nothing like the doctrine of com- pensation 1 seckiug cousolation. It will always Lo found to apply in Chicage fn the summer senson, for, whenever it 15 uncomfcrtably or dangerously warm hore, it In pretty certuld that there is more discom- fort and groater dangoer almost everywhera elae. Of aourse, the groatest amount of local camfort is fonud in thiuking of Bt. Louln, After pitying the sufforlngs of man aud beant thero, and bewailing the loss of life, it 11 positivoly refreshing in tho abatract to think how much cooler it is bere than It is fu 8t. Louls. The rocord of the thermomoter docauot tell tha shole story of tho differonce, The thermomoter at U3 in Chicago is a very difforout offalr from the thermomater at 93 in 8t, Louis. llore there was no timg yesterday ot which (he alr was not stirring, and during & large part of tho day there wai brecze enough 10 atill lonve considerablo plensure in living; then thera is always the certuinty hara of volief in the wight time cltber from the lake ortho prairie winds, “But in 8t. Louis there 14 no escape from the heat. ‘Tho sun's hot rays bont down upon the lmcstone forma. tion on the Lnnks of the river, and they are sbsorbed sud ksved up oaly to be exhaled oud given out agaln durdng the night; it would puzzle the oldest inhabitant of that aty to tell whether it i3 bottost there during the day or during the night, The Chicago hotels began to 81 up yesterdny with §t. Louls people who could get away from homo, yo that o portion of the 8t Louls people ought uot to be envious, bot thankful, on ncoount of Chicago weather. sdvantages, Butitis not necesiary to go to the tropical temperature of 8t. Louls ta find comfort for the hoat we ex- perfonced yesterday; the so-called suwm-< wer resorts, whether in the East or the West, reported a mors distressing condition of things. 'There was not » fawily nor s porson in Chicago yesterday, rich or poor, jll or well, that had_not reason to vojoioe in the midat of parsonal dlscom. fort, for the reasou that Lo, she, or they would have boen worse off in almost any other iulabitable and accessible part of the country, - Heat has freaks in climnatio distri. bution, Hot Bprings, Ark.,, wos not as ‘wana yealerduy o8 towns in Jowa or Oentral Iilinols; at 8Bt. Louls tho weather becomes more tryfug than in New Orloans; Quebeo is frequently one of tho bottest places on the coutinent; Chicago scems to be one of the fow pluo.s’ selucted for comparative-cxemp- tion frum excossivo beat, =~ 7 Keovertheless, this s end’ threatens to be the warmowt wummer Ubicsgo has known ‘slnco 1868, and comufort aud health alike da- mand becowing prudence, ‘Thero is no <oubt but overy one can regulate his duties eud hix diet 0 @4 fo avoid much of the Qanger and some of the discomfort of great heat. ‘What wust be done should be done quietly and in the shady, a&s such The Republicans of the Toledo Disirict are determined that the sorvices in Congress of Caanirs Fostgn sball ot be Jost to Ohio Dby reason of the groasly unfair gerrymander- ing resorted to by tho Democratio Logislaturo with an especial view to elocting a Democrat {rom his district. Mr. FosTen was nominated Ty the Congressional Convention at Toledo by acclamation, and a strong pressure will be brought to bear to induce him to move nerows tho line into their district, His resi- danca is now but 8 fow rods from the bound- nry, awd, sluco tho nomination has been ten- dered him nnanimously, he will find it difi- cult to resist the populnr desire. Tn an official dispatch to his collengnes in the Ministry at London Lord Bawwsnuny, ou the dny of the dissolution of the Berlin Con- gresa, summarized the results schioved in that body es being in tho highest degree favorabls to, Turkey and as sucecssfully car- rying ont Englend's polley in referenco to the prevention of Russisn preponderance in The fact is pointed out that the stion of peouninry indemnity was wholly excluded from the Treaty of Berlin, and that Russin gave assuranco that no attempt would <" be mado to secura territory in Hou of indem- nity, nor would the claima of other creditors be prejudized by Russin's demund upon Tur- key for financial matisfaction. Tho effect of thin i3, according to BaLsnuar, that the pay- ment of indemuity has been postponed to an iudefinitely remoto period. Among the Iargoe collection of dispatches which wo priut this morning from nearly every part of the West aud Northweat will ho foumd aceurate reports of the condition of tamperature in the great Mot Belt, and it will be noticed that Chicago las fared far Letter than almont any othicr loeality both as to the degres of héat and tho number of cuses of sunstroke in proportion to populn- tion. 8t Louis, the central point of ‘inter- est, experienced somo relief frow the torri. e hieat of Sunday, though the death rate from sunstroi:e was still very large yestor- duy, irty-vight fata} cases boing rogistered at the Morgue. Ou all sides there are hopo- ful indications that the worst is ovor, and thint the ndvent of the much-needed fall in temperature fs near at hand, The large citles of tho Atlantio coast have gonerally escaped the fiery visltation; thelr time ls yet to come, B Tord BracONSFIELD, Ties Disuarrt, having goue to Berlin, and scen and vonquercd, it wus exeeedingly fitting that the great English antion shonld wwing its hat and ahout itself Lioarse o bis return to little Alblon, The great Cliancollor 6ot foot once more upon Liritish soil carly yosterday morutng, arriving ut Dover, where the populuce were abroad en musse to welcoma him, The trip from Dover to Loudon iv represonted as one grand ovation, When tho great metropalis wos reached, 8 seeno presented tself to which even London bas for a long timo bLeena stranger, Tho streets wers througed with loyal Britons and all thelr country relations, who vied with each other in impeding the pussage of the procession and gotting the nearent view of tho grest diplomat, ‘The routs i eaid to have boen almost literally n rond of roses, so liberal wero the people in thy bestownl of floral offerings. Lord Brscoxsrierv's speochies to the multitnde were very briof, evincing a self-satisfaction which was quite justifiable under the cir. cuwstuneed, The reason for tha selaction of Atlantic City by the Porren Committea as the place for holding its swumor sossion has just leuked out. No other seaside resort could Liwve boun chosen where full reports of the testimony tulicn could Lo so successfully suppressed. The telograph facilities at At. luutic City are whally inadequate to the trutsiission of anything more than the st mcagre synopsis of tho proguodivgs,— # fuct which the Dumocrats of the Commit. teo bk distinetly in view when they deter. wined to go thero. Becretary Bugasman will Lo the first witness 10 sppear before the irolated Committos, which, it will be remem. bered, oxcludis Lewspaper representatives from its sittings, sud ouly permits ope re- purter of the Associutod Press to be present, Hesides Bocretary Sueraay, the Hon. Warss MacVeavu aad other wembers of the Lou- as possible. The menls shonld he fimple apd spare. Drinking of i kind should be moderats, and spiritmons lignora should be avoided nltogether, All liquors hieat the blood to the extent to which they nra used, and abstinenco is au excollont rdlo in snch weathor as tus, evon for mod- cerato and oceasional drivkers. Ice iv & com- fort, and porhaps a help, if properly used, buot the immoderato drinking of lco-wator, especially by thoss who ace not socnstomed to drinking it il the yoar around, ia like templing Providnce. Iued taa, or ice-water with A little Taspherry vinegar or sirup, it a gquod drink fn moderntion. Dut”spirituous aod wnlt liquors of all kinds are positively hurtfnl, A man who will avoid tho two or threo drinks he might ordivacily take, and spend the money in taking his family to ride in the open streot-cars after the sun gaes down, will do himself and thoso near to him infinitely more sorvice. The open car is - perior to the mized drink for ¢ cooling-off,” —custom to the contrary nolwithstandiug, — and wo ad! poople to try it RESUMPTION WITHOUT CONTRACTION. Eisewhers will be fonud a commnnieation from Mr. James Medatuun, of thiv city, written withe the view of proviug thal re- sumption is wholly impracticable uuless tho present volume of paper curreuey ia rednced Ly one-hnlf, and made not to oxceod threo hundred and fifty millions at the outside, He arrives at this extraonlinary conclusion by & pracess of ronsoning from nssumptions, and by overlooking or Ignoring soveral fu- portant facts. For oxamplo, lto asserts that in 1861, be- fore the suspension of specio-payments, the volume of money consiated of 202 millious of papor and 285 millions of coin, making & total volume of mosiey of 487 millions, and from this he deaws the conciusion that it requires 285 mfilions of coin in this country to support 202 millions of rodeemable papor} If wo felt safs in mnking assertions with this loosenoss, we should fuel able to prove auythtng we desired. In bis report to Cangress of Dec. 1, 1865, the Becrelary of the Treasury, Huan McCur- 1ocH, devotes some spaco to the quostion of the amount of puper and coin thore werd in the Unlted Btatea befora the Rabellion Uroke ont. As a banker and a statisticlan, Lo was thoablest man who cecupiod tho yposition of Secrolary for haln contury, He cestimates the paper circulation of 1860 at about 202 illions and the comin all the banks at not exceeding 60 millions, and tho amonnt in circulstion among the poaplo at nbout 50 millions, 'This makes 110 milliong of coln in the United States at that time, jnstead of 285 millions, grossed at by onr corrospondent. ‘The general rule of tho conservative banks for twenty years befora the War wns to keop on hand coin to the nmouut of 80 por cent of their outstanding notes, which was found in practico to bo quite sufliclent. TA fow of tho moro cati- tious and timid banks kept ns high ns 40 to 50 per cent of coin to notes. McOur- roct himself, while superintending the Btato Iianks of Iudlana, considered U0 to i3 per cent nmple for practical nse. 'Tho New Englond banks, which redecmed through the Buffolk Bank of Boston, did not average 20 por cont of coin. They discovored that, by redesming their notes at n comuion con- tro through ono flsca) agency, it was not nee- cnsnry to have large veserves of coin, Thoy Lept ench a goneral duposit balanco of coin with tha Suffolk Bank not exceeding 10 per cent, if we rightly rememnber, and that in- stitution undertook to redecm all tho notes 1lint might be presented agalnst auy bank at one tiwo, Irrespective of tho amount of coin the partienlar bank might havo on deposit at the moment. ‘The joint coin-deposits of all the New England bouks in the Bullulk amonnted to several millions, and constitut- ed a pool or fund to suppork a run upon Any oune or more. It was renlly o mutnal. insurance syateni. Every weck or oftenor the Buffolk Bank uotified all the other banks of tho Htato of their account, and, when tha resorve deposit of any foll be- low the required amonnt, thoy wero calied upon to make it good, 'This system worked adimirably for a number of years, and was growing stronger continually until the storm- cloud of cfvil war awept over the country and forced suspensiou. ‘We havo anothor illuatention of the Buffolk mutunl redomption plan in the Natioual- Baok system, Tho adt of 1875, muking Nutional Bauking froe to all, provides that each bank siiull doposft with the Comptroller legal-tonder monoy to the umount of flve por cont of its cirenlation, for the redetnption of its uotos. 'ho aggregate of this fun is sbout 16 milllons of dollars, aud more thau three yours’ experictice has shown that thus sum s ample to meot all domands ou the 2,000 National Banks for the redemption of their notes. As often as the 5 pur cont of ench bauk is exhausted, it Is notitted to repluco the fund, It may huppen thisl 20 or oven 50 per cont of the notes of some one bank arg presented at oue tima for ro- demption ; they are promptly redecmod out of tho 16 million mutual redemption fund, sud the bank s given a corfain nuuber of duys to rostora the logal-teuders withdrawn ou is mccount. I it fails for any renion, the Camptroiler jmmediutaly sells enough of its bondy in hls houds to reflll the void with legal-tendery, 'I'ho plan works to per. fection. Bauk notes aro malutained at par of greenbaoks with perfect easo upon a re- dewption fund of one Lo twenty of circulas tion, It is s tiscul impossibility or oll, or o quarter, or aven one-tenth, of the paper cir- culation of the United States to be gatherod up by any yiug of wpeculators and rushied iuto the Cuntral 'rcasury for redemption fu wsingle day, ‘The manual upeed of redamp- tion could not exceed o milliou or two u duy in any ovont, % When the Government yesumios, (£ will en- joy all the bouetits of tho Sullolk mystem of redemption, or that now iu uss by the National Banks. 'Lho redomption of groou- backs will be carried on at & common cen. tro,—Washington Dbeing tbo point,—~and there tho notes must be sent. Aud tiey will Dbe presontsd for no othur pur- pose thon to pay balances of trade and interest on ‘such bouds as mny be Leld abroud ; but while the balance of trade is rupsing in our fuvor, thut item ‘of coin will rinain i the country, and bills of ex. change will be remitted, as costing lesa for truusportation. Ho tho caln will not leave the country. Nearly sl the gold and silver in tbo United Blatos will fnevitably bedrawn into the Governmcut vaults for safe and cheap keeping. Evory man baviog coin will seud f¢ in to got papor, becatise tho latter iy wore portablo ond conveslent to han. dle, apd cosla less to transmit, and it will require a heavy aud loug- continued balance of trado drain on this country to sbake the solidity of the Goveru- went resurves, if our gold and silver wines bold out and contiuue to produce in anylhing like what they have beou dolug for u quarter of ncentury past. Fora number of yenrs before the Wor mors than 200 snillions of bank-notes were redeemed from a coin ro- £ervo of 60 millions, or 50 per cont, in the binnks, and only 50 millions of speeie in the hands of the people outside of the banks (exeept for n ahort tima after the panic of 1857), and during all this period tho balance of trade was running coustantly ngainst this country o the amount of the aunual pro. itetion of our gold mines, or indeed more, Tu those days we hiad no potrolenm to export, nud our sales of broadstufaand *'provisions” wora comparatively amall. We have now 200 milliona of coin in tha Sub-Trensury, and a good deal more than 100 millions of gold and silver in the banks and in the hands of the paople, making nn undeniable total of over 300 millions. This is s amplo a fand to support the prosout paper cirenlation as the cofn fund of 1860 was to support tha volame of bauk.notes then owtatanding, flat the prescnt ecoin fand {a incrensing at tho rato of 80 to 100 nitlions a yenr from tho product of our own mines, aud the lplance of trado s o enor- mously in our tavor that all the Unitod States bonds held iu Europn are buing rapidly re- mittad to pay this balauco. ' Five years nga, hefora the panfe, tho amonnt of United States bonds held in Euwpe conld not have beon less than 800 miliions; high financial anthority estimated them at 1,000 imilions, It i very certain thero is not ono.third of that amount néw hold nbrond. Al the oth- vrs have come back in disohargo of our bal nnce of trado against Europo during these five yonrs, or heve boen called fn aud re- deomod by onur Government out of surpins revonue, Dotweoa July 1, 1873, and July 1, 1878, the Government las redeomed and canceled or oxchanged for bonds bearing o lower rate of intorest 470 millions of G per cout bouds, The iuterestnow payable on the bonds held abroad does 1ot exceed 20 mill. fons per sunum, against between £0 and GO illions that were pald previous to tho panic. Mr. McAntuun thinks we nro paylng 100 millions n yonr on all kinds of daobt owlng sbrond. Tt {s not half that sum, but fs prob. sbly abont two-ifths, and rapidly diminish- jug. Thoe flow of colx ontt of the conntry has consad, and our mines are adding to thostock ou hand at the rata of nearly two miilions a weok, ‘The Europeans must either continue to send home our bonda by the hundrod uillions a year to sottlo the immeuse balanco of trado runuing against them, or they must remit coin. Our position is strengthoning ovory dag, and pever was Ao strony beforo, rolatively or actually, siuce onr Governnsnt was founded, as it is at this time, Ruesump. tion can bo declared, if the Inw permitted, at any moment, and bo maintained with the groateat possible easa, forall the paper cir- culation unow outstanding and as much moro a4 con bo employed by the business public, It wonld mako this article too long to ex- amine tho nesertions and fallacies of Mr, MoAnTuun's communieation in rogard to the effect ot an increaso of coin on prices and belance of trade, and tho contraction which the wame wonld produco on tha papor our- roncy, but we shall resumo the subject. THE SICK MAN OF EUROPE. The Troaty of Iierlih, covsidered ns a whole, mnkes somo very important changes in the map of Eaatern Europo, and still more importunt chauges in the physioal, social, aud political status of "Unrkey, It loaves that Empiro with a footholil 1n Europe, with abago aud o frontier for protection, with Congtantinople and the Siraits not yet men- aced by Russian proximily, with its hold upon the Aigesn Ben undisturved, and that is abont all, Evory nntionnlity in behalf of whosa rights Russia drow : tho sword has be- comme an autonomous provinee, and las been guaranteed releaso from Moslem op- preasion and provided with the means of full and freo dovelopment, while the Empire bLas boon shorn and clipped on overy side, aud reducad to a skeloton as compared with its former proportions. Tho wost radical changes in its status have boon effocted in the climination of Bulgaria, Bosnin, nml Horzegoving, and the complets fudepend. onou of Montenvgro, Sorvia, and Roumania, 0f all those, the change in the condition of Bulgaria is tho most striking, Tustend of being a province of Turkey, divided up into Pashaliks and Sondjeke, ancl ruled ac- cording to the despotic whinw and cruel caprices of irresponsible Pashas, it is now an sutonomons province, Aud, ale though obligated to pay a nowminal tribnte to ity Suzerain, the Sultan, it will have a Chrls- tian Prince cleotod by its own poople, and a gavernment organized Ly Its own nobley, at "Tirnovs, its old Capital. The grip of Tur- ey upon Bulgaria consed with the signing of the troaty, for nntil the olection akes place, less than a year from now, ita provis- ional organization will be direoted by a Russlan Comnmisslon. Tustead of belug overrun by Carkish irregulars, slaughtoring and torturing st will, and withont peualty, it will have its ows native militia, The Turkish aewy i4 ordored to ovacunte ita ter. ritory, and tho Tuckish fortresses will bo razed. Iustond of belng . utripped of uvery [ right and privilogo bucauso thoy aro ** Chirls- tinu dogs,” its pacplo will bo free In religious ureed und coufossion, ' Iustvad of buing borna down under an oppressive burden of taxation to support a foreign religion and court, with troops seizing tholr érops aud houseliold effects Iu ecaso of non-payment, thuy will levy nud mssess their own tuxes, Instond of being condomned unbeard in tuo tribuualy, they wcan here. aftor tostify beforo tholr own Judges, Instend of being ruled out of oatllees, profossions, honord, aud industeies on uc. connt of thelr roligion, thoy will now enjoy wompleto freodom, and creed will uo longur bo s disqualifcation, Mohammedans, Chirix- tinuy, Jewy, and Pagans staud horoafter npon the ‘same footing. Thu only tie rewnining betwoen Bulgaria and’furkey is the payment of tribute and the assumption of a portion of tho public debt of the latter. ‘I'ho ceasion of osnia and Herzegovius to Austria is tho next fwportaut chuuge, It outs off s large streteh of tervitory fram tha northwest of Turkoy. ‘Tho exsct naturo of the Austrian occupation is not yet published, Art. 23 of tho skeleton of the treaty, print- od a day or two slncu, only saye: ** Bosnia and Horzegovina sball be occupled aud ad- winistered by Austro-Hungary, with the ox. ception of the Bandjuk (or Provines) of Novi-Bazar." It issltogethef probable, how- over, that the two provincishuvo passed ab-. wolutely into Austrisn occupation it upt su. uexstion, and that they aro as complotoly ro- lieved fram the Incubus of Moslew oppros- sion as Bulgana, ‘Thewotive which induced tho other Poworsto cousent to this accupation undoubtodly was'tha fecliug that there never could ba lasting peaco in these provinccs so long as they remained uwoder the Govern. went of the Turk. As Austris iy imnedintely coutiguous to them, her own frontiers have contiuually beon disturbed by the revolts dgajust the Porte, which have broken,out periodienlly for years past, driving thousands of Bosninns aver upon Austriau territory, whom the Government has hnd to enre for, Asa matter of rolf-dolenso for Austria, and ns & check ngninst future disturbanes of the Enstern Qnestion, it was prudent to lot Aus- trin nssume the responsibility of keoping tho peace, and whataver protests Tutkey may have mndo agalnat snch a disposition of the troublasome provinces wore mors than offact by the barrler againat future Russinn intorvention whioli the prosenca of Austrin in Dosnin and its new contignity to Servin ralses. As to Grecce, the Congress recom- mended to Turkoy to relinquish abont 2,000 rynara miles of the most insurrectionary part of Thessaly, and let Greece havait. Upon rofusal to comply, the matter is to Lo re. ferred to the Groat Powers for farther con- tideration, 5 Wo may pnss ovar Servin, ltonmanin, and Montenegro with n fow words, 'Thele inde. poudence is mndo complete, and they enjoy the same religious and politieal fraedom that I9 guaranteed to Bulgaria. All throo of these provinces are allowed now torritory strippod from Turkey,—Servia, n semi.clreular slico from Old Sorvin; Routnania, the Dobrndja, and also the territory south of it to the limit of nline drawn from Silistrin, ou the Dan. ulw, to Mangolin, on the Black Bea: aud Montenegro abowt 500 square aniles, and tho seaport of Antivari, twith tho privilego of navigating tha Boynnn, which twill give ker a iorchant marine undor Anstrian protection, althongh she is not nllowed A flag or vesdols of war. The treaty nays but littlo about Greoeo or Crate, that home of rovolution, with tho exception that the Porto promisos it the QGovernment of 1808, to undor- atand which 1t is nocessary to go back a )it- Ue. During thoravolt of the Greoks in 1821 tho Cretans also voss aud maintained their insurreotion until 1830, when tho Allied Powors—Franco, England, and Russia—in- torvened and tranaferred tho 1sland to Mzar- ser Ant, Vieoroy of Egypt. In 1840 it was taken from him and replaced under Turkisls rule, whore it has sinca remsfned. Since that time thero have beon two rovolts, in 1850 and 1866, The last rovolntion was fol- lowed in 1868 by a concesslon of privileges ond tho grant of o Coustitutional Govern. ment, which tho Porto now guaranteos them ogain. Tho Dauube is made a freo river, All tho fortifications on its banks are to bo destroyed, and no vesscls of war wilt o al. lowed to navigato it waters, oxcopt betweon the months and Galntz, where the Russians last yoor crossod into the Dobrudja. The suporintondonce of the removal of tho ob- structiona at the Iron (ates and the Oatarncts is intrusted to Austria, tho expenses of which are paid, under the treaty of 1871, by n toll collected from vessels by the riparian States of Austris, Bavaria, Wurtomberg, Tarkoey, Roumania, and Bervia. 'Tho trenty of 1871 also provides for tho improvoment of the dultaia portions of the river by a Commission appoiuted by Austris, England, Fraunce, Prussia, Russia, 8ardinia, and Turkey, whoso timo expiros in 1883, Undor the troaty of Borlin overy part of Turkey in Lurope hns uudergose siriking chianges. Tho only material part loft ia Rou- molin; but even in this spot, the chiosen and peouliar homo of tho ‘I'urk, the intolersut Mohammedan must gnaranteo complote re- ligious liborty, aacopt tha Clristion as his civil and political equal, and submit to the iudignity of a Christian Govornor-Cieneral nominated by the Porte and sanctionsd by the Powers. The Sick 3lan of Europo has hod @ bad relopse, ' A curious might properiy ba called public vonsclence between the United States und Jupaneso Goveruments {8 now ate tructlug considerublo public atiention. The mat~ ter may be briefly stated as followa: Ju 1863, ap Amorican ship, the Pembroke, was fired upon at Snimenosvki by ihe Lord of Choshiy, Wh Wwis then 3n Upen rovoll aiaindt the Tokngawa Government, 8nd uther attacks wero atss made by Dim npon vessels !mlmmlnf to France wnd Holland, untll, tideed, he wan subducd by tho Goverment. Tho Powers In treaty demanded comnpensution nomonning ta $3,600,000, Ut of this v the ahire of tho United Siatos was $785,000. Tho dapaness Uovernment faild to nuy the amount Witalu thy Lo fixed or tha (nstailments, and it Ingreased 10 tho amdunt of nearly 31,500, 000, with Tuturest, Affer acducuiug shorsal dumige andin. Jnry don to the Unmbed biutew, there wils be fuund i large rematnder, ‘The refund of this amount has beon propused, In order 10 troservo Frictidehly bo- twesn the twe uatlone. 'Phis recommendation 1 wspocted shortly 10 be brought under th consider- ation of Congrese. ‘fivus 4t witl be secu that, i the Government of Japan has o consclence-fund, the Uuitod Statea s likely to contribute 1o it o, at feust, to offer to do su, But, whils the peole of ths vountry are discussiug tho propristy of refund- ing money unjustly obtatned from a weaker Power by Intimidation and threats of war, tho semi-harbariuns of Japan are debating the con- alstency of belng released from thelr lejzal obll- Kutlons by the voluntary act of the United Statcs, From sowmo oxtracts befors us, taken from the Japanese papers of recont date, it ap- vears that, while the Awmerlcau cuuscience has been quickencd to make voluntary restitution where it never could be enforeed, the moral aud hovorsble scnse of the Jupaucso. has been touched by the proposition, and some of the Jouruuls take decided ground agatint recelving back the award, unjust and excessive as ic i3 nuw acknowledged on all hands to have been. “Thus, the Yokohawa Skinfi Shinbun declares that this procoeding has bl it orlgio lu the friendly feelings eutortuined by the Amerlean weople for tho people of Japau, and it gocs on to orgue agaluse it ftenys: wau, tiea, gur Government uccept thelr proposal with thanae! Would I bo uugraciond e wake 1l of thelr Kiudness by rejecung 167 Mot do+ claedly we onght nut 1o ‘sccept thelr ofter, Tae sturp urguwauia of the dipiomatic body, und the qiv gucharcd O (he conet of Bhimoda, Vuliged uur tiavorimont o agree 10 thele clatm, Aud, stucu wo entered Iuto o covenent to- pay ins deiunity smounty W B3, 000,000, we ahoald oot Dreuk iy altiousa the Uuvuruiicut be now changed. 1 wuuld ho tu delllo e fuco of vur Ewpire 10 wuccept the forelgu propusal uf recelviug Lucs what wu agfeed 10 paY. Would tols notbe n great Iuwilation 10 aur people? Already do forelgnera ook upon dé With contenspt, I we are so bilve us W ngrov (v tnelr propossl, thelr monn opinjon of s will bu susinvuled. At the presvul duy oup doverument cudesyors 10 Dfvsorve equality with el Bf W trvaty Powurs, tid we see surs it ny suvawures wall bu adoptod whica sall teod 1o oy disgracey upon ue, wentelal for iy kiudueen tendeid by the United Sistes 1o us, bug wo should not rocelve upy refund of tu Siimo. uoscki indowaity, ‘The wtudeut of bistory will look some time before he Hnds a parullel fu the past that will uxactly it ettbior stde of tuts uovel cuda, It s not often that nations or Individuals agree w refund money ou thelr owu wotlon, no matter Baw uujustly obtained, snd it scldow happens that 8 people, clvilised or barbarous, will refusy totakeall they can get, without bothering themselves about the ethleul notions fnyoived fu the tragsactivu. W wuzh There Lo tiow & fue opportunity for the poo pleol Arkuusus to show how louest Lbey are. A few years ago the Seate Leglstature fssucd o uerles of Louds of the fucu value of §3,000,000 Jor purposcs ol Interoal smprovements, these bouds were sofd aud the procceds spolisg 0 levees and other works of utility for the benetly of thy Communwealth, These bondy had the requited vignatare of the Stats ollicers, tiey Were lssued by the Biato Treasury under u Btats Jaw, aud they had upon them tne prima- tade pvidonco of legality, They"wore sold (o the warket aud held as an fovestment by all lusees ol people, from the poor widows who bad saved a fow bard-carned bundred dollars, to the wellto-do perdon who coutd spare & few thou- saods, But the guestion of thelr legulity was ruised, snd now, siter a loug litigation, the Su- vrewse Court of tne State declares that they are nu\\lunu void, aud vne of the Little Kock vty “'congratulates the people of Arkansas upon having a heavy burden lifted from thele shoul- ders.”” This fs a kind of legal repudintion that I8 as disgraceful, f not as fraudulent, ns any ather, and the act is a blotch upon the good name of tne State that the Legislature ought to tuake haste to wipe out. The declsion of the Court {8 probably based wpon some flimey technicality of the Jaw, and which ought to have teen ignored lu the Intereat of public moraiity and mantlcat {ustice. Tt now becomes the daty of the Btate Leglsiature to pass an appropria- ton bl that will get around this declelon, and Eive hack to the honest holdera of these bonds tho money they lnvested in thémn on the mup- position that they were lssued by the State au- thorities under all the sanctitios and asfeguards of the lnw., 1t s not claimed that thess Londs wers {mproperly alsposed of, mnor that the oproceeds of thelr salo wers In any way misapplled, but the propriety of the disposition made of them Is confessed und acknowledged,—only the Bupreme Court has found some tochnical loophole through which the State can cseape payment. In aharp nnd striking contrase with this Arkansas opin- lon wns a decislon of the SBupreme Court of Wiscoustn goma years ago, in the celeprated Rtallrond Farm-Mortgage cases. Theren great humberof farmers hod mortraged thefr home- Mteads toald in the construction of railroads, and teok the stock of the company fa sxchunge. Many of the ruads wero never'built; the mort- tagzes were stolen by the oflicers, or otherwise misapplied, snd tho gigreement with the farm- ers upou whiclh the mortgages wers obtained was violated In every particular. And yet the Bupreme Court held those mortgages in tho hnnds of fsnocent purchasers were valid and st be paid, aud they were vald to the utter- moat farthing, aithough the homesteada in many fustances wera loat to tho original owners. ‘Tho rigld principle ot justice that {1 applied In the Wisconsln case, togetber with the stern moral lesson that it carrles In rogard ta the paywnent of debts honestly contracted, furnlshes an examplo in legal othics that the people and Judyes of Arkansas wiil do well to Imitate. Instead of the rase being one that cails for ¥ congratulation ** on the part of the tieople of Arkunsas, o8 the Little Rock nows- paver puis it, the declslon ought to fill every hionest man with shame and humiliation, what- ever he thinks of tho disgrace that attaches to such acts of legal repudiation. . st 8poaking alter the manner of the average en- raged Bourhon Democrt, there has been con- siderablo **hozishness ' manifested thus tar by tho fat-money party ot Wisconsin in making their nominations for Conzress. The Inst plat- form of the Wisconsin Domocracy was so very soft that it excccded the hercsics of inflation and resumptionentertained by the Greenbackera themaolves, and, taking thomn at their word, the tall set up business on its own account, leaving the doxr to follow that appendaze. Tho litle handful of soft-money gontlemen in the Lesis~ lature not only appropriated tho Speakership and all the best offices, but Jast spring, when an honorable compromise was made by tho Democratie and Ropublican Btato Central Committees, ft was agreed that & Domoerat acd s Ropublican snould be voted for without opposition as ean- didates for the two new places on the Sypreme Beaclt. Herc ogaln tho Rat-tall came and wagged the dog. The Greenbackers stuck to their man i eancus unth they sccured bis uominatlon. Now the same partyls making vominations for Congress with a promptncss quita {n accord with that old adago about the carly bird catchivg tho worm. Of course the polnt of the joke Is, that, in all these dlstelcts, the Republicans yre now in tho ascendency, and it will 1ako the combined effuris of both the soft-monay mun and all shades of Denocrats to ,bring_shout a revolution, But In three of the districts the Ureenbockers have mada s uulon Impossible by thelr meanne: and the Democrats will be compelled to moke nominations of their own without regard to what Lins been done by the soft-moncy men,, In three of the districta alrgady—~the Beeond, Beventh, nnd Elghth—~they lave hold Conwventions and nominatod thelr candidates without so tmuch as Inviting the Democrats to mcet with them, or s much as ssying “By your leave.” In the meantling, the Kepub- llcans aro happy over the prospects of an casy victory, e — Itis sald that Mr. WaTrzR3oN Js busily en- gaged M pulling down his vest [n antlcipation of belng nominated for Vice-Prestdent {n 1930 an thy ticket with Bamuxe J. TILDAN, ALLEN . THURMAS, or tho dark horse, whatever Jis namo {s. ‘The only pussible objection tho peo- plo can ralse to placing Mr. WarrTenson in the Vico-President's chalr will be the tabllity of “TILLEN to pass (n his chocks, bolng already au ol@ and deerepit mayn, fu which case Mr, War. pEnsoN would suceeed to the Chlol AMlagistracy, In that casc tha country would be fu inmlnent poril. Not but that Mr. WATTEuSON 18 ® patriot and statesiuan, for wo are forved to ucknowledge that he ts both, and more, Tie s udiplomat of consummate aud profound abll- ity. But he would be a danirerous wan, because uf his tlerco nud warllio disposition. The read- or will recall with a shiver, even in this July weather, the threat that M& WATTERSON once made to ralse au army ol 100,000 Kentucky “lambe ¥ to toarch on Washibgton for the laud- ablo and putriotie purpose of ousting Haves from the Whito ilouse and seating 8. J, TiLDEx Inthu Exccutive chalr, Now, a man who would threatuu to do that while only holding the ollice of Congresaan, what would be do as Presidunt of the United Seates, and tuving the army and nayy at his commund? He. would become » CROMWELL, Or & C.25AM, ur & usurper, all three fu ove, and sacritice our libertles on tho altar of his ambition. If sny great national omorgency should arise, any great crisls,—iuch ns the uprisivg of the Commuatate, oc anothar clvil war, or uuother Loulslans count,~it would hoseized upon by Mr. WaTrerdoN to declare the Emplre. Thers would b s coup d! ¢tut here ag there was {n France under tho Third Navo- LzoX fn 1348. e would do it, too, in the sacrod varme of lborty, just as sll ambitious wen have done befors hith, No. Asuwuchas we 1tke Mr. WaTTERSON personally, we cqonut sup- porthim, ‘Tho risk }s too great - The Baltimore News fs as much exarcised this hot weather over the campsign n ALEXANDER 1, Brspugns’ dlstrict os though ft (the dtstrict, und not the Vo) wasin Musyhand instead ot bylng uway dowu SBouth iu Georgin, It calls him s i strip of sgony with a Llaek cap on," and thinks a couple of cavary birds inight draw him about, his distelcs tnstead at caliing on Lour Rray borses to perfori that allight byt sgrecabls After nxoausting ita vocabulary of bad o upun the Ydry ofd stick,” i¢ {4 Anally rutied to wish that he may not ba returocd 10 Cunieress, but retired foreveruore, 5 wiil feyl Lud whst by ears whiat the Ness aboug bim. e ———ry Aunxanpen ff. Stevisyd hus oncadvantage over s compotitors that greatly redounds to bis benetit duriug this beated term. 1o 1s now ou the stump, and although thy thermum- erer o Georgla 13 rivaling that of 8t. Louis, the 04 Man Eloquent™ {8 4o thin aud poor sud perfectly jufceless, phiyslcally, that be cun apeak five hours a day without discowfort, As thy bulance of mankind sre obliged to keep m tho shade and dy nothing but fau themsclves and drink {-e-whter, BTXPUBNS 18 making hay while the sau suiues, anid will get tho Southern beart 80 tized before his competitor gets futo the fleld th:at all effurts to delvat STEruxss witl be fu Tulo. e —— e ‘The prescot hea'od terin sugzuste fres, and 3propos of Ures ws Lave beforo wa & covy of Tus Ciicaao BuMbAY Tuisuna ol Oce. 8, 1871, thie wornlugof the day of the tireat Fire. Thory had bocu a dey the eveulng previouson the West Bide, wear Adaws strect, which destyoyed s wlion dullass’ worth of property. Tho Mutual Beeurity Insurance Cowpany, of Chicago, j- vroved the opportunity 1o sct fts clafiing before the vublie [o o stunoiog advertiscment, It warned the people to “urepare for fwl sud winter fires. [4 wlylsed thew to **luuce fu companies of kuowu reliabtlity.” It clubmed to be “olil and sound.” 1t had & enpltal of 300, 000, Its nenota woro 8184,093; its Habllitics gl most nothing; and it closod With the declarg. lon, Losses promptly adjusted and papy withont Iitigation OF unneceasry req tape.” The buslnoss that Cempany might have donc Wil never ba known, for a greater fire than that of Saturday came, and In twenty-Tour hours the Mutual Security wasnomore. The old and sound ant reliahlg hiad pramptly gone where Lhe woodbine twinett, without litigation or red tape. An editoriy notfce (n mnother part of the paper xayat “Dur. fng the terrible fire In the Weat Division, lacy night, the oilicers of the Company twere un Ly ground reckoning up their losscs, Thav &) by rendy to commence the work of adjusting early on Monday morning.” Atast that wark wag never commenced, for thoy knew not “what o day shall bring forth¥; but from that dayto this they have been busy reckoning n what business they might have done~if it hadn't heen, ete., ete, e —a— ‘The Vicksburg Herald inplorea the Ameriean neople not to contralize thls Government by clecting GnANT the third time. *Cause why} ‘This Ia the Hera'd’s renson: ‘That wo have now ‘*a (iovernment which for more than a century haa Ietl ns from glory toglory, swept out prime. val lorosts, aud peovled once desert wustes with & teeming and prosperons population, butly proud citles on cltes ance silent and desolate, whitened all known ana navigalla waters with tue wines ot cominerce, and mada this fair lang & cynosuro for the eyes of tho oppressed of eyery natlonand of every clime.” True enough, O Hera'd! But when you are running up a fing cllax like that which fs quoted above, and fn. tended 10 filustrato the skyward sosr of the American Eagle, why don't vou cap it with the greatest achicyement recorded by the pen of time upon the page of history, which deacrliicy the way we walloped you refractory fellows of the Bouth during tho late misunderstanding, —but why revive tho fssuca of the \War, wiy wava on high tho bloody underwear for men at & timo when tho summer solstice I8 around the corner drinking lemonade at somebody’s cx- ponae? ————e— We may haye bean provoked uoméumcn a the heat of debate into saying sume pretty hard things concerning St Louts in reply to the ju- sulent remarks of the G.-D., but our nger is turned foto pity ow as we cuntemplate tho dosperate situation of that doomed clty, More deaths have occurrod there from heat during the Inst ten days than §s usual in choters times, Teue, its present coudition (s typleal of the future of many of its people,—Col. INaERSOLL, to tho contrary notwithstanding,—but sny man who has sny bowcels of compassion inmide of him, and would refuso to let ono or two of them yearn for thuse poor people, 1s unworthy of the tume of man. Thoy koow now how thelr great progenitor, Dives, felt when ho was * tormented by this flame,’ and catled for a plecs of fce for his parchied tongue. Bat they cannot say that they havo not been repestedly warned. Tuz Trinune's famous srticle showlng up * Chicago as » Summer Rosort " was recelved with shouts of derision and cotempt by the G.-D. inlab- ftants of thoy wicked city, aud only about ons lu tea of them shook tho hot dust from therr sandals and got away. Wo forglve their implous scort, and exteud to them our sympathy, whiel will be warm enough by the timo it gets there, e —e— Ona of the fincat and most laughablo carfea- tures that has been produced lately is the one recently furnlsned by tho frish IWorid, tn which AMr, Jar Gourp §8 being Introduced to the read- ers of JAY UoULD'A newspaper by & young man dressed {n plum-colored velvet, lu tho oflico “founded by Honrace GReerer.* The por- traits of the two gentlemen, Gout,n and Rz, aro falthiful to tho life, and admirably exccuted, and the point of the joke Ir, of course, that Mr. JAY (ouLp is a great moral refornier and po- Itical economist, and is therelore a worthy sue- cessor und ropresentative of the great and dead Jourualist, 1t Is really too funny for avything. ——— We don't see how Mr, ITALSTEAD ean havothe stomach to malke tho rald he docs on fec-water ot this seaaon of ‘the year. He Is trying tv prove that the comwon practico of water-drink- g causes many dlsenses, dyspepsia among others, and what atarms us ls, most of all elso, that his views aro soroadlng, and he will soon have the majority on his side, Ifo po soouer wots his beer-glass enlarged to s “scticoner’” than hie turos upon the beverage of the rest of us with the flercenesa of the July suu ab uoondoy. —— "Tha motion to renominate JIAT: s been nads by the Cinciunall Commercial, but,in parlismoent- ary pirase, dove the Chalr hear’s aocobd? Tho Clingr dues not,—wlobe-Lemacral. % ‘Puat 1a very goad,—for the G.-D,~very good Indeed; but sometimes a practiced parllamenta rinu will not walt for & second nor formally put the motfon, Lut merely say that ‘*such will by taken g the seusc of the House unless objee- tions aro made, ‘The Chalr hears o objection, and the motlen prevails.” Two woys of doing ity you kuow. et — A correspondeut of the New York Sun pro- poscs tho name of JosEPIL . JOUNSTON as 4 wultable candidate for the Democrats to support 1181830, Thio sugzestion In a guod aue, aud now that Ropent E. LES und BTONEWALL JACksON ure dead and cannot be nomiuated, aud us Jery Davis is still laboring under certain leeal disa~ bilities thae for the present rule him ont s a Democratic canaldate, the movement in fuvor of JounsTox ougotb to tuke the beat fu spite of all the dark horscs that may ba brought upoa tho track. e When so much i suid about GRANT, and & third term, and 4 consolidated, centeatized Quv- ernent, aud an Emplre, and all that, by the Democratic press, it is woil to recult a pussugs from Frank Buati's lutter o Col, Buovuzan in 1838, 10 which ho'smid: * Wo must bhave & Presuient who will execute the will of the peo- ple by trampling into dust the wsurpstions of Cungress kuown as the Reconstruction ucts.* - g — 1n Kansas when a church gets to running bo- liind and interest lags, @ few serious charges are made against the pastor, and a committes up- pointed to fnvestigate. It scts lko u charin. Everybody fs futerested; uil the soctety meet- inge are crowded, aud thuzeal that s thus awak- cned reminds ons of the day of Pentecosts Bowe deople havy wonderful resources wuvd they aro hard pushod, e e e——e It (e sald that Broues, who killed Jix Fisg, has u mare named Jusls Mapstield, In memory of hiy frat love,~which {8 tough ou tue ware. ‘That makes us think to nquire it Miss Mollly McUartly, a youug Califorais lady who wade quite & seusation aoug e best people ol Louisville uu the Kourih, is not somebody’s sirat Jove, too} et — When Codxiing supported FENTON, the Utica Jtepublican, My, CONKLING'S organ, said that CoNkLiNg was ouly furuisiiug FustoN with rove enouglh o hang huusell, In view ot the Custou-Hlouse removals, it is doubiful it the Sepator dpes ot Buw regret that ue did ot Teserve some of that rope for bis own privute use, e —— e ‘Fhe Columbus (0.) Herald suvs that two-tbirds of tho Republican party 14 disgusted with Hayes. That cannot be, for wmore tuau oue- third of the party iu Ol s now bolding olllew under blw, and **doth the ox low tbat hatd fodder?” e —— e While tue shermotcter serenely matotaius its present altitnde, It 1a refroabing to think that thy PorTes Cownlitys wus grapted the privilege w slf duriug the summer ol o send for sugar {ANDERs0N)and Jemuons (Mrs. JENES), There 1s not & barder may fu tho United States Lo guit than Mr. DaNA, Of the New York Swn. He nelther wauts *Granyfor e nor *Unant with a crowa.” * e ——— Gov. Haxosiess, benator MclUoxain, aul Dax Voouuses will all stump the Stito of Iu- dius for the Democratie tickes