Chicago Daily Tribune Newspaper, October 9, 1878, Page 7

THE CHICAGO TRIBUNE: WEDNESDAY, Letter on Financial Topics from the Ex-Secretary of the Treasury. The Seven-Thirty Notes Not Used nor Intended to Be Used as HMoney. ot a LezalTender and Kohody so Congidered Them nofil Ten Vears Afier They Had Been Relired. ¥o Contraotion of the Ourrenoy-—More Money Now than at the Uloss of the War, Qar Financial Disasters Mainly, If Not Exclusivelyy the Result of Redundant Currency. ~New Yorr, Octe 3, 1878.—~To the Editorof the New York Tribune~Sin: Tuero exlsta to come extent mlsupprehension in reward to the character and purposes of the 78-10 notes fs- gaed by the Government In 1364 and 1865, It pos heen stateid by inflatlon Journals, and fterated and reiterated by inflation epeakers, that these notea were fssued as money. This statement has been In o mensure confirmed by remarks attributed to (ien, Spinnes, but the statement {s only partistly true,and as toa comparatively simall part of the first issue. The exigencies of the Treasury in 1834 and the carly port of 1805 were so great that the Becretary was compelled to avafl himself of all weans under his control to mret the enormous requirements of the War and Navy Departments, aud, authorized as he was toecll these notes, or to use them fn payment of debts dtie by the Hovernment, he did direct {hat some of them should be sent to the ariny paymasters aml to the Asslstant Treasurer 'in San Froncisco, with Iustructlons, however, that they should be palit only to such soldiers and other creditors as might be willing to receive them, They were not used nor Intended to be used as miney, but as sceurlties, which the creditors might recelve or decline to receive at. thelr own 0od pleasure. According to my present recol- Jection, all of the notes which were uscd for the payment of soldiers were so nsed while Mr, Chase wos nt the hend of the Treasury Depart- ptent, and 1 apeak gdviscdly (for 1 was in daily communication witt him) witen 1 say that it was not his fotention or expectation that they gionld be even temporarily n dreulate fog medium, He wae hard pressed for moncy, aud he was also anxious that the soldiers elonld eave s much as war porsibio of their hurd-carned wages: snd he thonght, as these nutes bore o blgh rate of Inferest, ond were convertible at muturiey fnto 520 6 per cent gold bonds, that they would be gladly received and helid ns an [nvestimont, The experiment wis not o siccess, and It was soon dlscontinned, Of the $330,040,000 7 3-10 potes_outstanding in Octol 1845, at least $U0M0,000 hiad “heen * offered aud ‘sold by !:\puhlr subscrintion, us wore the first bssties of o) bomds, The bonds smd othor securitles gssued during the War were lssucd to provide 1neans to_ proseeute the War, whei, ps the re- eult was by nuny rearded douhtiul, subserl, tions ta the loans were conshdercd pattlo those_fsaned after the vlose of tho War were fesued to provide ticans lor payiug off the soldiers aud etoshug un Lheexpenses of the War. Andit s worthy of remark that it was not until longz after the War had been brought ton sful conclusion, and the solveney of the Govermnent had becoms assured, that tho holders of accurities which had been freelv offerrd to every man in the United States, be- came the objects of denuncdntion; and it 18 olso warthy of remark that the desunciation of the wondbolders almost iuvaviably comes from those whose prudence, to use no stronger terta, prevented them not only from subscriblng to tne loans, when the Union was fn peril, but also to the slilsequunt ones, upon the success of which depemded Lho abllity of the Uoverument to pav the gullant wen Ly whose valor 1t had been preserved. ‘The reason for rafsing money by u kale of the 73-10the; fustead of bonds hav- fog o longer time to rn, and bearing s lower rate of auterest, was glven by the Beeretary, In L3 report of § in the following language: AsTonz as the Goverment wae o danger, by the coutnance of hostlities, the patrintiem of the people coutd bie kuccewsfully aphealed to fur the praepose of ratdng woney and sustainfue the pullie credit, without whieh the War could not b vizoroualy prosecutml, ~ When bostilities_ceasod, ant the safety and unily of the Guverantent wers asired, eelf-intereet became irain 1o controlling power, 1L will bo remerabered (hat 16 was then gens arally aubposcd that the country was already fully wpphied with avcnrities, and that thero Wi sl throughont the Unlon o preval) pprelionsion that faanciul diwaster, would apeodlty follow the qation of the War, Tho wreatness of tho « v vaze the Keeretary no time o try ex- permunts for borrowing on i siow security of lo tite and tower utereat and removed from mind abh donbts and bestasion t reened Lo the course o be purstied, 1t way catimated that st Jeast §300, 000,600 shoald be ralsed, In od- dllion to the revenuu receipte, for the pay- hent of tho requstiona alrendy drawn, ond Wwoee that must xoon follow, —nreparatory to thy drtandment of thetgreat Citon srmy, —and of other demands upon the Treasury, e anxious Ingnirivy then were by what meats can #is lncio amount of money be falxed, and not what will ba 1o cost of eaising 1. 1low can tho soldicrs bo Paid and the urmy e divbanded ao that thy exteoes amary expoaned 0f the War Dupastiment may b sopbed, and uot what rate of futerest shafl bu i for the money. Thess were the inquiries lm-uv-] upon the secretary, He answered them 7 callinz to Wy nbd the well-trled agent who bad been enployed by hin immediate predecescors, sl by ofteriug tho 7310 notes—the most popii« lat lon evor olfered to the people-~In every city and vill. nl by secuelug the advocacy of thu e aut the dength amd breadtn of the g, Inders thun four nentds (e tho Hme the wurk of ubiainiog subseriptions war setively com- menced, thy Treaviry way lu 8 conditiun to meet esery demand upon 1€, The 7i8-10ths were tnde payable, futerest d prindpal, i lawiul woney (eval-temter wotes), it they werw noy thenselves 8 lugal- tender, as some have asserteds and nobody so cotnldered Uhiens wntil ten yeara afler they had Uen retired, 1u October, 1565, tha followins Bortame obllgations—the payment or retire- weut of which fs denounced us & contraction of Lo urreney—were outstunding, viz: Compound interest notes, due 1607 AN L e Ly 00 $170,012, 341 6‘M«-u| Treasury notes, due Dec. B3 T S vrores were 85,630,001 7349 Yreanury notes, due in 1867 AAIMIBL s ve vvee 00 enesen one §30,000,000 In addition to theso there were debts die from the Guvernment, mthe form of temporary loans un ten deyy’ notive, und certificates of fi- debtedncas, Lo the winount of $135,000,000, ‘Tho rmpouna-tuterest notes wera a feial-tender at thele face, ‘Phey wero patd out and for a few months cireuluted as currency, but the Intereat ¥hich they bore soun caused them Lo be taken b thoge who Lisd money to fnvest, and to be €1d s sccurfties. Neitlier the 5 per cent nor tee 7310 notes, as 1 bave suld, were a loual- tender, nor did they, except as before stated, sawer the purposes of moueys It ts undoubtedly tyue that ail these tem- wrary gecuritice, when firl fssued, did to some Itent swell the volumy of curpency, but this a8 When enormous sums Wery required for e payigent of woldiers and other ercditors of 8 Government, ‘The fact that ail of them e paid, or fundeds ut or before Waturity, without any complalnts of cun- tivn, proves conclinlvely that, "Iulcwr purpose they may have subserved 0 1304 aud e early part of 1803, they wera 6o 4, lous Lefors they Were retired, that tbetr Hyment or couvertion {uto bonds 19 no man- Ler affectud the money market, 1f, as fd con- ‘“ vd, the payment or funding of- thest notes g contruction, how Bappeued 1t that the con- Fatlan s wof fed o conpraned of while the m«;. wds guing'ont How tappened it tugt the Hu uf speculution continued to sweep on, that u continied to advance, and_extruvaganes ’HQ:W iore wnd mure wanton, entll the crah {15 awukcued the covutry to @ reallzation of A € fact that what was supposed 10 be prosperl- T‘L’"‘ sinply “the buseless tubrle of sdyeamd Tl e ueverwas any contractiun of the curreucy b atter the erlws hwd been reached, o0 whatever peduction bas token place e has b the result ot 8 deuresaion. ‘There (8 even uow more fa e (5 old, ethver, grecnbucks, sud bauk-notes) A e vaults of the hauks, b the United Btates vasury, aud ( cirenlation, than there was &t hu;“u"' of the Waur, or at the end of 1365, ‘Tho o orary loany of the Governwent wers paid, vipuuverted tuto 520 bonds s they mutured, kw«(n prefudie Lo suybody, sl the legel- Linger Uotes fssutd fur war purpuaes, aud vo e did after the War was over, might Wiy ave been kradually retired without bnan: nalareuble, and"without uuy ebrinkage ot resl g It had Leew dong, the country S0 bave Jumg sl been o the full % Uf prosperity, Progarty wight Lave 1ot eomething of the ortifictal value which had heen glven to, it by belng messured by 8 flae ttamlursd, ut the damage, if any, would Imve beew trifliog, for the cluse of the War found the people freer from debt than they had heen for a quarter of a century. Nor was there cantraction hy the withdrawal of sor 44,000, 000 of greenbacka fn 1804 and 1807, of which so much copinint haa been mado, for this with- drawal was connterhalanced by inereased Insuca of hank-notes, and the volume, Increased a8 it wan by the reasue, lnproperly ro called (it was, in fact, n new feawe), of greenbackd, wan larger In December, 187, thap it ceer had been belfores and yet thers are telligent men ardy enough 1t that the Anancial trouble with which intry haa beon afllicted for the lust five years lira been the result of the contraction of the currency. I reveat what T have frequently sald, that there have been no financial disastera In the Unired States which were not matnly, If not ex- clusively, the result of a redundaut currcncy, aml the unhealthy enlargement of credita the natural consequence thereof. Wlhatever we may have thought then, it Is diMcull 1o cunceive liow any sane man ean now think that the coun- try really proapered betwgen 1803, when the volicy of non-vontraction wa3 estubllshed, and 1874, It did, what prodaced the crists and the parnlysis that followed! Three-quarters of the munfetpal indebtedness under which tax- payers are groauing, and which renders prop. eriy lo many of our cities and towns well- nigh valueless, and weven-eighths of the indi- vidual debts which have been wiped off ',’j' lmnkrn‘:tcy. wers con‘racted within that period. Were these debts fuditeations of prosperityt Are there ""f among us, except the saga. clous few who In thine of trouble cnrich them. selyes at the cxpehso of the many, who Would lilke to repeat the experlences of the Inst ten years? The brilllant Mr. Marsball, of Ken- tucky, the victhm of sell-indulzence, uged to say that * the night's debauch would be pleas- ant enoueh If L vero not for the herror of the next moraing."” The hundreds of thousands of men who, in the days of our lw\nmu pros- perity, were rendered delirious by imnginary Ffllnu, would have heen Lapoy atso if the de- iejum coulil bave been continued; but the awakening—the terrible next morning—came at Jengih, and with )t tho palntul realization that there are lawa in finance which can no more ba violated with jmpunity than the laws of health, Financlal }aw was violated by the Legal-Tender nets, and the maintenance in cireulation of a Iarge volame of irredcemable paper money ofter the need of {t had possed away, Wao were_made, consclous of this fact by the crisls of 15T We have been sufforing from it ever slnce, and the question now before the Aworlesn poople, the question which dwaris all othor questions Into lusignlficance, is, Bhall wo profit by our expericuce, ar shall the country ba thqnd iyto a deeper scuof tronble than that rom which it is slowly but stesdily emergingd It 14 a queatlon which Involves tie honor of the country aud_the welfare of the prople, and of noue uiore than the laboring ciasses. Inone re- apect {1 is unfortinate that {L should come ur for discussion now, because |t oceaslons uneas(- uess sud apprehension, and tends to cheek re- turning prosperity, In another it Is perhaps fortunate, for the current of trade 8 at present. fn our favor and is likely ‘to contiue so for wmonths, if mnot years to come. The wolden inint drovs—tho true Jacksonlan enrrency—will aoon be flowlng in from Europe, and it the let-alone policy merely is adopted the busincss of the country will soon be upon o gold bas!s. Providencu has go favored us br abundant crops that, in spite ol unwiss legistation, resumption in gold will come about. without contraction or financlal disturbance, It witl not be ueranuent without the gradual re- tiroment of the greenbacks, but, resumptlon ouce aceomplished, the *sober second thought of the people will soun seltle the greenback question, aud the silyer question also, If all who areln favorof sustalning the nationnl honor, and plucing buaingss upon the only Lasis upon which 1t can salely reat, stand “shoulder to shoulder in the appronching clections, tho Syanger polnt”” Wil have been pussed, few months of the prospesity = which n return to-the true, the only safe stand- ard will bring about, will put an _end to he preenback monia and the sitver deluslon, and people will wonder that such an sbsurdity a8 * Flat ' mouey was cver thought of, ‘Tho United Biates §s a ereditor nation—nothing but bad legislation can prevent it from remaluing 20, The character of our lczislatures will be determined on the fith of November next, With the cxperience of other pations—with our own bitter exverience of the Inst ten years—to mulde us, can there be uny doubt as to the path we should tread? The currency wuestion s the only really 1lve question_before the people. I scttled rightly by the November elections it will cease to bo a distnrbance. The tariff nnd other yuestions, unou which parties have been heretolora divided, can wailt. In fact, no fm- vortant economicnl question can be even dis- eussed Inteltlgently uutil this great uuderlylng question lias been put to rest, Tluan McCutrocm, THE HAYORS, Thele Conventlon at Springfinld, Il=Names of tho Porsons Y'resontDlscusslons und Conctuslons, 8pectat Dispateh (o The Tribune. SrpiNarieLp, 10, Oct. 8.—Thc Btate Con- vention of blayors and viner muniuipal officers called by Mayor Redeers, of Quincy, to conslder the matter of the difllcultics attending tho levy anud colleetion of taxes in cities, und Lo suggest some remedy, and other munjaipal reforing, met i the County Court-onse to-duy. The morning hour was mainly devoted to organizution und to fnformal discussion of the back tax, stdewalls, nud polles quostions. Mayor W, J. Radgers, of Quincy, was chosen Presldent, and Mcssrs, J. ¥, Bonileld, af Chi- “cawa, sud 11, C. Watson, of Springfield, Secro- wrles, The followlng representatives were present: Muayor doln C. Stewart; of Galesburg: Mayor C. Ear), of Aurora, sl B, J, McClellan, City Clork; Mayor Lew Pofteuberger, of Alton, and Frank 1, Ferzuson,, City Clorks City-Attorney M, C. Quinn, of Peortus Mayor J. A, Vincent, of Bprinzticid, Ald, J. C. Conkting, Clerk Wat- son, and Comptrolter O'Crowley; Corporation- Counsel Bonfleld, of Chicago; Masor. W, J. Rodgers, of Quiney, and J. G, Rowland, Comp- trotlers Mayor He A, Kocher, of Belleville, City Attorney and Comptrolicr of Belleville; Mayor J. M. McCuteheon, of Monmouth; Ald. Willlain Ieintz¢lman, of Belteville; Mayor J, G El- wurd, of Jolfet; Al J, U, Koske, of Bellevitle; Mayor 11, Kesler, of Warsaw, City-Attorney Quinn, of Peorls, sugeested the proparaton of a bill for the Legislature which shail eflielontly provide for street dmprove- ments, & proper administration of Police Courts, ondd prevent tax-tihiting, ‘The Mayor and Clerk of Alton reported that clty well plossed with the workings of the Gen- eral Incorporation act, Curpuration-Counsel Honflold, of Chicago, re- ported that eity sa having found the General Jucorporution ‘law 8 remedy {or wany of the, f)ls that afflicted the Metropolls while operated under 8 spucial charter, Before, the collec- ton of B0 or B per cent of the 1axes wos defeated, while now, comparatively closy collections wero made, Resistauce of taxes ought 1o bu rendered impossiblo when they are pruuurlf laid. Ho wae persuaded, how- over, that all clles should huye their own Av- BEBOT, Mayor Elward, of Joliet, favored thie appolut- ment of commitioes on the followlng subjects, aid it was arreed that such committees shoutd ve appolnted at the night sesvion: Azsessnent aud Colleetion of ‘Tuxeaj Oilieers; Special As- sessment for lmprovement of Sidewalks ; Police Maglstrates aud Justicon of the Peaco; General sud Speclal Charters, Tho subjects so named wero then taken up seriatim by 1ns Conventlon nnd discussed at the surrizestion of Mayor Kowland, of Quiney, 1t wus decided that the Legialature ouchit to Rmrh\c for b Commbssloner o bid fn for the tute property torfeited at tax sales, aml Mr, Boufleld’s sugeestion, thut the thug between the levy and collection of laxes ought to be shortened, was adopted. % 1t waa declded that city Al ora should hold oflice for a Leqmn of Vears, aud that they ehould bo appolnted, not elected, gs the Axsusgor, in craviug for turther political preferment, often usea hiv oflico to propltiate Ly low usscesniont l{n»e iu® position’to further e politieal ambl- tion. ‘Tbe Mayor of Aurora suggested sliowin) discount to proipt taxpsyers, & plan o suce cessful pracive in Alton, sud also to add a peu- alty fur delsy In payment. Concursed i, "The discussion of the subject of ofileers elleit- ed the unanimous ux&l o that aif exeeutive city oflleers ouuht to appoluted, not elected. ‘Ihe prescur soecisl ossessinent plan was ru- gurded’ a8 cumbersonie sud expensive, it often costibg moro to take the legal steps to cowpel the laylog of & walk thun the whole sidewalk i3 worth. Jt wss decided that contiguous projws- ty oughs o bear the expense of putting down sidewalks ju the first fustance, sud that theeity ought thew 1o keeo thew in revair; also that a clty gught not to be legaily liable In action tor dawazes op account of accidents unless gross uegligeuce on the part of the corporation 1s showa. 1t was urged that the Clty Councll had & right to choose and desiguate the Justices of the Peavo tu act, (1 connection with Pollce Maiis- fratis, I oLy cadee, sz Wiy also recomueni-s -frat car ed that, In all citfes of oter 5,000 Inhahitants, there should ba a Recorder’s or Pollee Court, of exclastve Jurisdiction in city casen. A resolution that all cities ought (o Incorpor- ateunder the general Taw. and do away with specinl chartera, vas referre 1t was decidud to sppoint, Iatarin the sesalon, n committee to draft and port 2 bitl covering muniuipal oform {u theee respects. The Conventlun then sdjourned until even- g, At the evening session, the Chalrmen of the several Commiittees provided for in the day's proceedings, 1t was agreed, should have charge ul| all subjocts not expressly referred otber- wise. Clerk and Comotroller Ferinson, of Alton, briefly prosented the diverse niethods of lev; ;nxl ||neo 1n tountles not under township organ- zation. Tho Committecs were appointed, the follow- ing gentlemen being Chairmen: On Aw ments, Corporation-Counsel Banfield, of C gu: on Ollicers, Mayor Elward, of Jolict: on iecial Assessments, Mayor McCutcheon, of Manmouth: on Police Magaistrates and Justlces of the Peace, Mayor Vincent, of 8pringtield; on Organization under Speclal cr General Law, Comptrollor Rowland, of Qulncy. Revorts ara to be made at 11 a.m. to-mortow, to which time the Conventlon adjourned. The Conventlon, though not large In numbers, I8 characterized by zeal and apparently much unanitnity in favor of municipal reform. MARINE NEWS. MILWAUKEE, &pactal Dispaleh to The Tridune. MiLwauxes, Wi, Oct. 8.—The ache Ulpsy, with a hold fall of shingle wood, for the use of the Chlcago Fire Department as kindling, alsos deck- load of s)abs, sprang a bad leak outside and ran {nto the harbor here for repalts. To-day the slabs were dispescd of, after which tho vessel wan placed ondry-dock at Wolf & Davideon's yard. ‘Tho Ulpay ha seen thirty-three years of service. A high south wind prevalled on the Iake 211 day. rendering It very rough. One canslachnoner, cosl- laden, and two fore-and-atters, lumber-jaden, for Chicago, anchored in the bay. unable to proceed. ‘The scow Christio left lurilulklznn during the forenaon, but ran back this evening. To-night. after heavy showers with squalls, the wind shifted ‘(fi Il::'nurlhwnl. and fs blowing & gale from that irection. Cleared for the Lower Lakes—Schrs Penokee, F. 1. Barker, An&un Soutb, Laura Belle, M. E. Tremble, J. T1. Hend. Artived--§team barge W, 11, Harnam, Only pne charter was reported to-dny, viz., achr F. M. Rnlpy At 4c for wheat to Hnffalo, The schir Thomas Gawn goes to Chicago to load. TAKE FREIGITS. Grain frelghts weeo In fale domand on the basin of 46 for corn and 44@4!5c for wheat—sccording to grade—tn Duffalo, Room was taken for 178, - bu wheat, 26,000 bu corn, 250,000 bu osts, and 20,000\bn_ barley. The Nuflalo charters were: Schra IT. Dlescll, D, A, Van Valkenbory, W, 8. Croathwalte, E.T. Judd, J, I. Case, and Hobo- ken, corn at 4¢; schr J. Mattliews, oats; schre Lucerne, Mears (retaken), and C. Nillson, wheat at 44 @414c; prop Starucea, barley.” To Erle—Prop Wissahickon, wheat. To Sackett's Harhor~Schr lavana, corn on p. t. To Goderlch—Flying Cloua, corn ‘o Ordensburg~Prop Oswegatchie, com. }algellflllnoml the schr shandon for wheat to ngaton, ‘There is no present likelihood of the Lumber Vessel-Owners' Assoclation ralsing rates, The Directors meet to-day, and will probably discurs the matter. ‘The schr Charles Luling was chastered yesterday to 'y & curgo of desln from Pentwater 1o Tona- wanda'at a rate reporto .76 per 1,000 feet. THROUGH TOWING. In speaking of the experiment of the tug Bweep- stakes In towing vesscls through trom Buffalo to Chicago, the Dotrait Free Fress naye: **Ttisto be Loped that it will bo & poying featuro, so that, if wuch a thing Is possible, tugs may make a falr profit opain. The tug Winslow ls alvo towing & fleet from Bufalo to this port and return, ond wiil prod- ably continue 1o do so if freight can b secured at 8 paying figure. The owner of a stenin-boryo, not oullt to tow a convort, rocently stated (o a Free Press reporter that_there was_no monoy (or boata of the kind e owned in towing vesscls which must bo picked up nero and there, It remalna to bo :m’n‘;huhu tugs can accure & proft by through awing, " NAUTICAL MISIIAPS, While being towed down the rlver yesterday forenoon tho schr Reed Caso, grain-laden for be- low, touled with tho schr B, F. Bruce, lying op- voalta tho Lumber Market, and had her spritsnil yord and hoad-goar damaged #0 that she waw com- uelled to noor at tha dock just east of Clark strect bridge and have the dnmlru repairod, ‘Tbe scow Iomor H. Hine ran hard aground at Qross 8 Iumllg morning, and ut last sccounts waustili on, 8ho has coal for Datrolt, and s por- tion af the cargo will bo lightered fu order to get the vensel off. ERIE, pectat Dispateh o Tha Tritune, Ente, Pa., Oct, H.—Arrivals—Prop Annle Young, Philadatphia; schirs Alleghouy, Charles If. Weeks, Chicago; schie Mary, ['ort Colborne, Deparwurcs—Stnr Japan, Duluth; schr D. M. Foster, Diack Rtiver: barge Keepanke, y City, Albert Nhoals, a deck-haud on the prop Phila- delphila, wan knoeked overbosrd yosicrday and He leaves a famuly 1 Defroit, drownod, MARQUETTY. Breela? Dispateh to ‘The Tridune, Manqurerts, Mich.,Qct. B, —Cleared--Props Cof- fnbury, . M, Wilson; schire Butts snd Clint. Pasied up—"rop Winslow, NAVIGATION NOT'ES, ciicago. Ttepairs to the schr John M. Intchinson aro be- Ing made at Miller Iiron," dry-dock, A survoy woa commenced on the achr San Ja- cinto yesterday, with n view toward determining the amount of the dawmages sho sustained on this take In a recent blow, A survey fa sleo in progress on the schr Metropolls, Slnce the arrival of the immenso ficel of Jumber ‘vossels tho river bas beon crowded 8o that the wug- men have hiad dificuity in transferring the craft from dock to dock, and they wera wishing yeaters day (lut the erain flect woald bo kept back until tlie luinbor lugrers got away again. ‘Tho wind blew & gale outside nooy, and last nlvht the weather wia made nastier bya 'mw{ thunder and rain atorm. A fleel of ora 8 on the way up on this lnke, having een detained by beaid winds, and it niust have vx- perienced a Tough W No reports of accideut xuv» come to hand at this port. ELSEWIIERE, e sugine for thy now wleawor to be bullt fhe coming winter at Detroit has arcived af that por, P stms Mutrepolie—the sume that fuflod in tho excurvion business bere 1 scasuti— iy Bnding strong opposition ou the Clevelaud and Bagivaw route, the Kewoenaw, Uertschy, aud Benton bulng tordny aftor- cow German was run futo Saturduy nlght when off thy bead of Lislle lule, i the Censdian channel, by 8 propeller, and bad her j1b-boom taken out und fore-rizeiug damaged. Itis nut yel kuown what oropeller It wue, bat thers wure suv- eral buund up Baturisy nleht, 2 Yesterday's Detroit J'oaf and Tribune saya the Quinn Brother: have returned home from thelr trip 10 the Sault. They went there to asslst In llmfl"’i anuw miter slll under the lower gate st the okl lock. Hogardiug the now lack, they state thal thiv sonsun's operations will be_suspended ju sbout o week. & of muterial—stone princtunlly—iu thy cau asigued for the carly sustienslon of work Clevolnnd Herald, 5ih: *4*Capt, Morant Fr: loy, of thy schr 1‘arm.r«uum«, who disappearad 0 mystesiously ut Bualo one weok azo last Fri- day, hus not been heard (rom since, As he had li?)fl or 8400 of the vesacl's carninga with him thiere are various thearies with revard to his disay- pearance, Me has & wifaand father lving to thie City, and 1t o suid bo was somewhat dissipated of late; Tho vewscl arrived hiera yestorday 1o cow- waya of Capt. Lyn "fho Marinio Cliy Newssays: The bollers that formuerly belonred 1o the tux Wil Pringle, snd which hayu boen Jying on the will dock for souw time paat, are belug overusuled propratory 1o balng put futo the new bropaller, work on whict will praceed during the whiter. 1or boilers aud cnuimes wit] b put into heewhile she ds oo stocky, and all work that can possibly by cone while fu thut pusition will ba done befure launcuiug. ler will ey and bave her Aulshed butime o a the wpring with 1o reet of the owne scnd Ler out feot. PONT OF CHICAGO, The followlcg aze the arrivala and nctusl sallings alhis port for the tweuly-four Lours euding at 30 w'clock last night: aunIvALS, Stmr Coruns, 8t. Joc, sundzivs, ftush streat. buinr (. Urdmmond, duuth Haven, sundries, Rush el Eilur Chicexo, Manitowos, sundsfes, [ush stroek. frop skriarke it Jua, gusitles, tulh street Tob Mewcuger, Deotod, sundrlcs, Guh sireet. sehF ltaibbaw, Greon Uay, lumber, Matket. Prop U. ¥, Teatt, gl Uck, sulrics, Slate street. e Muskegon, Muskexon, sundrica, Tt siscel, op Tempeal, Whilylinil suodrjcs, uan streok. | b, sugdries, biat $ AUidries, i . Yumer, A aud; ‘sol, M ry. Budylas <o MWuskegur, Tulube K | coal, Fwe reet, bour C.'H. Buru Bebr Kaiubow, Lsces Y Behr Priver, Lu han, ht, belie SOHE: fibinama, peot. BekT bligu, Guitlhiwdad grta. s Clars, laklaice. Nihis Prup Oswegatente. Oxdeoiburg, sundries, gebr fxer dawgun, Muaistee. Uit o Wilcua, Manistee, Hghi. a7, Maulitce, bt wiie, bouth Haven, Nkbt, 7. Butlalu. krald. W, Cullingwowd 278l aw, Bodaly, gien ville. T'rop Delaware, Baffalo, sundriea, Prod fue roedan, fin: % CRIME. A MIDNIGIT MURDER. Cise1naTs, ., Out. 8.~Thomas Ktewart and his sister, two old people Hying ona farm near Ricwnond, Ky., were shot by an nuknown party Friday nicht last, Stewart, hearing a2 nolse In the yard, got out of hed to asiertain the cause, when e was mortallv. woumled, [lis sistar, coming to the door to his assistauce, was olso fired upon aud iBtantly Killed, ¢ CAPTURED,. Spectal Dispatek to Tha Tridunt, Crargsvie, Tenn,, Oct. 8.—Archer John- a0n, eolored, who kitled Willlam McClure, col- ored, aver & game of cards b ‘the suburba of this cityseversl weeks ago, was? lodved in Jail liere to-day, Ile was captured by the Sherifl ol Christlan County, Kentucky, at lopkios- SIIOT THROUGIH THE NEART. Maxpevitse, Lo, Oct. 8.—Frank (ioodbe was shot throngh the heart and Instantly killed by George Chievlllon In an eltercation growing ont of a discusaton as to the propriety of calling on the Howard Association for aid. ¥ et " PIRES. AT OAK 1ARBOR, O. Tor.zno, 0., Uct, $.—A fire broke out at Opk Marbor, 0., at 8 o'clock this evening, orlginat- ing Yo ao lec-house owned by C. Vogel, and suread rapldly, destroying the Portage Hopse and soven other buildinge. The wind was Wigh, and at 10:30 p: . the fire was st soreading, A steamer has been sent Shere from this uiy;, = e AT STEVENSON, DAK. ¢ Bvectal Divor'rl: t0 The Tridune. 2 Biswanrck, I, T., Oct. 8.—A pralric fire near- 1y destroyed Fort Stevenson yesterday. Ater- rific wind was blowing. Efforts of the garrjson saved tho post, but tha corral was Lurned, with six mules, 600 cords of wdod, and ali the graln, — et—— OCEAN STEAMSHIP NEWS. New Youk, Oct, 8.—Arrived, stesinships Labrador, from 1lavre; Blate of Indiana, from Ginsgow; Frisla, from Ilamburg, Bostox, Oct. B,—Arrived, Atlas, from Liver- poal. “ LownpowN, Oct. 8.—Bteamships Lord Cilve, Philadelphin: Moravian, Montreal; Bamaria, Boston; Stuta of Pennsylvania, Main, aod Egypt, from New York, have arrived ont. ——— SUICIDE, Boretal Diewated (o The Tridune. Frot, 14, Oct, 8.—Mrs, Rebeeen Cooper, an {ninato of the Asylum, commftted sulcide on Bunday night by winding o shect around her neck and then thrusting her bead Into the bed- clothes, Bhia wus choked and smothered to death, Deceased was aged 44 years, had been demented about oue vear, and as subject to tts of melanclioly, The remalus woze to-day removed to her late bome in Lilertyville, Lake Couunty, I, where her husbaud is o farwmer. LOTTERY DRAWING New Onreavs, Oct. 8,—At the State Lottery drawlng to-day. 81,200 arow 830,000, No. 63,724 drew $10,000, No. 71698 drew $3,000, aud Nos. 16,638 and 6,900 drew 2,500 each. BANCROFT, Provipexce, Oct. 8,~The Hon, George Nan- EXPOSITION B XPOSITION. Only Ten Days Hor! DMINNION ADULTS ENTSCITLDIREN, WVICKER'S TUEATRE, GRAND REVIVAL TIIS WEER OF THE TWO ORPHANS! eupe ieh Tis Benutlinl Seeufe Effectut b PNV T Thriliog Kltnntians? THE TWO ORPHANS Wi bs klven orery efeuing and ou Wedicaday snd Falutda; atiners, 2ic and s0c. ONE WEEK 0 v Engagement of the eminent and faverite tragedsan, 3z, Baturia) ME Stunday, fict. 14, the Favorites, RONSON aud CLANK. T HAVERLY'S THEATRE AN MAVERL in; ThePOFULATY PTG A¥D ;ximf.!,l;.\l}"rl P u the Krand ety o Wit Mr. Btro: Iptroductuz i Hac i) 1'rlau ”A = D NS o STEEL of the Very Nest Kutapean Make. and uorizaled for Flexibility, burabilily, srd Evernie. "oizf, [REALFWAN QUILT, ACT] _:_v:m:,] n Twenly Nuniers Eun, cludiug the Rppe- e i |~2-0~B~15 Yo Lok -1 6= will be went by tusil, for tris), 0n recelpt of 33 Ce lvison, Buakeman, Taveor & Co. 138 usd 140 Gruod Siroet, New York, ' WONANN HOSP [ o Womars Hospll of 1 S of i, BT1 Cottuge iravesavaf hirugo, A (haritable [nstitntlog fncqrforated Ko artd CEented cachiets ey boy i 1hfAtmek of udl kceidents pecullar 1o wunis THE WOMAN’S FREE DISPENIARY Conpected with tiis tostltution ? o . Teanen every Wodnesday sl #uturday frum 10 2 34 SAGRTI6 ke “Weatullods \reatteat o uuu-."{»l" Wubieu. g CWINDOW 5HAD WINDOW SHADES! S O 1 BOLLARY AL 05 TR ... e Sor” G Lty iean s staml Open S & C Lo r $26, $50, $100. $200. $500. e wjonity of Wil strect buses and mea 4 buieat b (elr etciliors, wl wauy workt-wiue Fepatation fuf fo-unbics o o Louse of Alox. Fruihiagiain & Well stregl. New Vork, fou guare, | bey stavr Lhat 84 L wmade recently roturned orer g1, Bewd for (uelf cisulur, Free.— S10TOUBAPIIY. S’l EVENS CELEuANT A ¥3 and BT Hast Mudind Upeaile Feibans Lo abalyiu cond« ncat ‘ol kot ¥ 1y leas g ) d w York Iviba 3 CENTH tzoLm .IVEll.i'AD. “GREAT REJOICING Is Felt Over the Successful Introduction of the Hol- +.man Stomach and, Liver Pad, Vihich Has Effceted More Cures and Mide Warmer Friends than All the Worll’s Trealment - Combined, THE HOLMAN STOMACH AND LIVER PADS have proved efficacious In at feast nine- teen-twentteths of all the diseases flesb §s belr 1q To THE PEXRMANENTLY AFFLICTRD, also the Pv:m‘r;muu. Burreren from the dread scourge, MALARIA, xow s the tine to npply the HOLMAN STOMACH AND LIVER PAD, and thereby save a world of trouble snd ex- pense. 'INTERESTING EVIDENCE, r. 0. A. Loomis, 1ate geon 17 B, A, "rofessor of tatetr irs of Women : a5 Lo, 3 tea the fuliow: et Bintlemen: The Pad 08 success, 1 have given fis Xings s persunal Inspectivn, and T And that it merite my professionsl sanctlon. It acts kindiy, zafely, and effectively, nnd comens the nearedt 10 8 universa! pana- cax of anything | 3 upon which it acts ) old as Hippucrates himuell, and hie only wonder {a t p! jon W not recomment the 14 in el aud (3 chronic diseaves uf the . ) eapeciall 3, and Clilcago, 1)L, Eept. #, 173, Capt. L. Guthrle, master u'-tlmolllr”"fi-mpmn." atil: * 1 had m severe altack of feverand a 1 hito g n ung 10 lue BIGUCHILIY accoin obialned 8 ljoiman dfreetjon. 1 ain fent lica'tli.Ail pra have recommended dozea: ver rad, ani rely cured. snd now cnjoy excel; nan Pail; 1 10 th us resuits. A soverelgn remedy for all forms ot Stomach Troubles, Bilious and Malarinl Fever, No Fever and Appue where the Pad is worn as directed, BATES & HANLEY, Gen'l Agents, 131 Madison-st., Chicago, Boparate aportmenta for Iadies, presidod over bya Indy having a completo knowladge of tho roquiremonts of the Fad. " BURNETT'S EXTHAC pUBNETT QERFECTZ) Standard == o, £ e Flavering O EXTRECTS e e 4 B Honsckarpers who study (helr inter- ests will demand of their grocer strictly pure Vanilla only, and refuse to aceept an adulterated cympound, which may renuder the unscrupulous denler a larger protit, Thoughtful people should read the testimonials from Chiengo's Less Gro- cers, below, June 13, 1878, Mesers, Josern Bunyuar & Co., Rostons Gentlemen,~Knowing your Flavoring Extracts to be the finest made, it gl 1 nwmend thein as such. Yuur Vaullla being entirely free from Tonqua, is sought for hy housckeepers who know aud appreciate an artlele of real merit. L. C. PARDEE, ¥ Suceessor to Stanten & Co, July 80, 1538, Messrs, Josernt DURNETT & Co., 2 Boston’: Gentlemen, — We have been selling your Standard voring Extracts for s imany years, withuut a complaint, Giv- Ing a8 they do universal satisfaction, akes It pleasure to handle such goods. them the best, and plways tomers to that eifect, ROCKWOOD BROS, 103 North Clark St. " ML AND IS 18EA D My a, Ogien il hiali Hoatding b Vit L. pen, witly Callathy 17 West T hfrtyeenghiheal w Yurk. R . Application tiay ul OHESTNUT-8T. SEMINARY, BILAD HIA. The 40t vear of thig, Boar vieminr I For SONNLY and Mis biL MAY Fyr g la PESK, (kas nale by ieiter, ur ure upply to Lri AV E, 1013 Cliest LNT'S RC100 « and “chiltren, UEISLA tablished 1457 ) TOWN, ol WHE reupen Wrdnnhyksi\“. 1. Fim gt _Forclrciian iy i L TN TRy Nt ot Witkizton thi attial .t (Law Twi 1001 FOR vkl faeirug? to Pugs, Roache: Vleas, Live. ete, wl, Arends lnseet Powidnr Dopat, 179 L. Nadiaon Dr. JAMES, PRIVATE DISPENSARY, 204 Washington §t., Chloago, lil. the past 30, | oot dd Lok s ¥ Wi acd ¥ Guly 14 3 B de i wrikor, L dieo resicing Loard soeommunisiud, ¥uade g, bo-is W luticrlug wad Stamuerlog posttively cared or no STun 8. 0% BELYe 8100k tur ev- Juzton 1 14, beyond ail cominr work ou Paygiolagy ever 34 farsaa sl oz u t 1o ali un re n v of . rilldary g i ity il Ords 3 alururdices v ot e BRI T 193 Woutl' Otark ey Cotrull pereutialey vy Y dialis iy WeTs Ot Uy SASIA Uisiia oy ' "~ (] 2 MATHEY don, and su- Fr oLy veu : othersibrihe, prompt cine of all »dlt} chargus, Y- s genl oy fonz stawmtbs wg. Feepared by ERTRISC R TS it LR B RO 14 Wt 16 Uptied N . it gicat - uy e pgmctane ol Lt ELECTRTC BELTS AND GANDS, LECTRICHELTSAND GANDS: . ADDRESS! To the Weak, Nervous, and Debilitated,who Suffer from dll-Health copsequent on Lingering, Chronic, Nerv- ous or Functional Diseases. External Remedies are the g Safest and hest that can be applied in diseases, on account of the facility which we possess of watching their action and their results; and of these remedies Electricity, in the form of mild, continuous, and prolonged currents, as realized exclusively by PULVERMIACHER'S ELECTRIC haa been found the most valuable, safe, sim- ple, and cflicient known treatment for the cure of direase. In our descriptive Pam- phlet we review the manifold benefits to bo derived from Pulvermacher's Appliances, and bring forward testimony in thelr favor {from the moat Learned Physicians and Sci- entific Men in Furope and this country. We also dem- onstrate why relief and cure result from their use after every other plan of treatment has failed. Reader, Are You Afflicted, and wish to recover thesame degree of health, strength, and energy aa experienced in former - yeara? Do any of the following aymptoms or class of symptoms meet your diseased condi- tion? Are you suffering from ill-heslth in gny of its many and multifarious forms, con- sequient on u lingering, nervous, chronie, or functional disease? Do you feel nervous, de- bilitated, fretful, timid, and lack the power of will and action? Are you subject to loss of memory, have epells of fainting, fullness of blood in the head, feel listness, moping, Unfit for Business or pleasure, nnd subject to fits of melan- choly? Are your kiducys, stomach, urinary organs, liver or blood in u disordered condi- tion? Do you euffer from rheumatism, neu- ralgin, or aclies and pains? Have you been indiscreet In carly years and A Victim to Youthful Follies, or curried tho marital relation to excesa in Inter years? Have thexe Indiscretions and excesses Jeft you in s weak and debilitated condition? Are you thmld, nervous, and for- getfnl, aml your mind continually dwelling an the subject? Have you Lost Confidence in Yourself and energy for bualncss puranits 7 Are yop subject to any of the following symptoms: dreauw, palpitation of the heart, bashfulness, restless mights, . broken sleep, nightmare, confusion of ideas, aversion to socivty, dizzi- ness in the head, dimness of sight, pimples and hlotchies on the face and buek, und other despondent symploms? There are Thousands of Young Men, mhldle-aged, and even the old, who suffer from nervous and physical debility, Thero arc alvo thousanda of femules Braken Down in Health ond wpirita from disorders peeutiar to their ecx, aid who, from false modesty or neglect, prulong their sullerings. Wiy, then, fuether neglect asubject 8o productive of health and future happiness when there th nt hawd o means of cure? Why not throw off the yoke altogether, and seck o remedy that has Science and Common Senss to commend 1t7—a remedy of indisputable efficacy, aml the most certain means ol re- storution to health nnd pristine vigor? Fhere are muny diseases of un acute and febrile type that we do not propose to cure Ly weans of Electrivity; bot from ull that Bleetro-Ihyslology teaches ua, In regard to Wi mdus operandi of the Curative and Preservative effects of Valtaio Electricity, we may most reasonably infer thut sl those chronie ail- wments and all disenses dependent on a de- pressed condition of the nervous forces, ex- hauation of nerve power, or the diminished energy of vital functions, as treated upon in onr publications, are hoppily most susceptis blu of cure by meuns of Pulvermacher’s Electric Belts and Bands. These conditions they witl cure, while drugs will not; and wo offer the most ponvincing testimony direct from the afilicted them- selves who have been nustored to Health, Strength, and Energy after drugglng in vain for months and years, i g ® s e SEND NOW For Descriptive Pamphlot and the ELEC. TRIO QUARTERLY, s large illustrated lournal, containing full portioulars and \®v.mation worth thousands, Coples malled'y,o5, Oall on or address PULVEAMACHER BALVANIC €0, Oor.Sth&vlu.s“ CINGINNATY, O 0: 212 Driumer Ao YOEPK'- . BRANGY OFFICE: ° 2318 Btate Strt, Chicago. et A Competent and Re Physislsn ¥.1 ;ll\:nd.mcna"l"'y Qualifed WOVEN WIHE MATTR MANUFACTURED BY The Union Wire: Hatiress Co, b, 7 and 9 North Clark-st,, OCHICAGO. Positively—\firranted NOT TO SAG. Do not throw money away on cheap, coarse woave imitations, they cannot prove satisfactory. BUY THE BEST. For salo by Furnituro Doalers and at our salesroom, 7 North Clark-st , Chicago HAILROAD TIME TADLE. ARRIVAL AND DEPARTURE OF TRAINS, Fxrramatiox oF REFRRecE Mamxy.—tBa fliupied” “hunday excepie ulnna-y_' ué“v'z‘l' CHICAGO & HORTHWESTERN RAILWAY, Ticket UMces, €2 Clark-at. (Fhernan House) and st e depota. Leave, Artive, alacific Fast T, am Sluux Oty & m pm ajtutuoue am am aDubngue Night pm am D am pm am m pm pm am am pm sm| rm am pm Aflwa menges pm am BAliwaukee Passenge: pm am Witeen Iy E3jress am rm Et. Panl & Minneapo) am pm st Paul & Minneapolls Expre pm am 318 Crosse Expr am pm 413 Crows Expre: pm am i¥itons & New sm pm BVl w Ulm. pm m sMarquette pm m al.ake Ueneva & i pm m UFond du m m Pullman_ Hotel 3 run through, Chl: caq and Couacll n'the traln i¢aviog Cbicage 6 10:30 8. o 'No other Foad runs Pullman oF aoy other form of Totel cart weat of Chleaga. ‘a=liepot carner af Wells and Kinzfe-at o~Dejut curner uf Cancl and Kinzic-sta, OII0A00, SURLINGTO ¥ & QUINOY Dépata foat 0 Leke-at.. Inilamm-av. and Sixteenth-st., and Caunl and Bizicehil-aws, Ticket Oices, 50 Clsrk= at. and at depate. Mendota & Aaleshiarg Expro ttaws & Btrestor §xpr tockiand & Freeport k: 3 ubugun & Klous Cily EXpress yacinc Fast Laprea .. .. Kansas & Colorado EXprosy Downer'alitove Accomin Avirura Paseeng so. My X Uttaws Express PER¥BEEITUTTOTO B33533530888592 endot Autors I'assenger. P Tiawner's Grove Accomimodat] 2 Freenort & DUDIGUS BDFess ... b WD Himal lght Expre: FHGE0 Texas Fast Express. .o 1 't 0:08 pm § 6:53 Ransas City & Bt. Jo¢ Kxiress.,. 4 0:08 bm § 0:38 Fall Palace Dinfug-Cars and Fullman 1o-whesl ¥ fvetn Chicag aud Omabs o CHIOAGO, ALTON & BT, LOI AND CHIC KA%%AH CITY & DBNVK%%KOET mmm a0 Depot, West Side, near 3 brldge, and ey bhinae st TIKeE Lices Y51 Itazdolohi Kadass City & Denver Fast Bt Louls, phrinenenl & Molile & New Orieans ylyr . . 54, Louts, burlogleid & Texas. .. Yeorla, Hurliogion ¢ Fart Kxpr & hmku* .x‘m.-u Clivaio & Paducay . 32, Ftrestor, Lacon, Waahingt Jollut & Dwigtid Accammida CHIOAQD, MILWAUKEE & §1. PAUL RATLWAY, Unlon Devot. comer Madison and Canal-sise. Ticket Ofice, 4 outh Clark-at., oppost rmsa House, _suil sl depot, ieave. | Arrive. [ m ra s lwaukee Expres Wiz by 3 *10:10 a1 ¢ 4:00 pm |+ 8:00 Dm 010:43 8 m 9:00 puw| 4:0 pm “ail iiwankee. Tickvts for St Paul and Minueatul(s sre zo0d eltlier v1a Stadison and Frairie Qu Clilua, or via Waieriawn, LACro4ss, and Winoos, o Centralia only, @ Veuria ubly, Mail rle Mm TR By Faproes, 0 8 PITTEBURG, FT, WAYNE & OHICAGO RAILWAY. Derot, coner Canal and Maglson-sta. Tickos Ofcet, @5 Clark-at,, Paiuicr 1iouse, sud (irund Pacig Lately PALTIMORE & OEIO, Tratns lesve from xpouition Bullitug, foot of Monroe. si. Ticket Ofices, K3 Clark-st.. Pail finor Vouse, Grand Buildla 42 | Arrive,_ H0 AT ) Bid0 A 0 D¢ T:06 pin LAXE SHOBE & MICHIGAN BQUTHERY, Leava, | Asrive _icige, aud Deput (Kxpasd ing Matl-0d Lt Yo natzoute A}x-ulln E3press Mght kxpros. .. PITTEBURG, CTHOINNATI & BT, 1OUTY K. B, (lactunatl Alr-Line und Kokomy Liae.) ncun‘ ‘curu i "\Lmi(dm_ £ ot Cllulon and Carrull-aie.y \ Ctacianath, Tndianapolls. gt Express. Lo IUB Expres. KAWKAKER Depot, foot of Laky at. and foo & Louls- Clacluaait Tadisngpo e G T O A krae Tas CHI0AGO, BOCK TSLAND & PACIPL0 RAZLE0 Des Corr e Claroie Shor e flowsss_ o o Leave. Artive, Pavenport Express. * 7:50 & mi® T:96 paa 1 0 8 b0 8:30 b 4 Bi(a) D ? A dew pr 110.0 p 1o} Al meale o tho Dmpls Express sry served Ia dinlug cars, 3L 5 ccuts ouch. CHI0A00 & EASTERY [LLINOIS RAILROAD, “*Dauyille Rugte.® 4 Tickes OBlcas, 7CIATk at.. 195 Duutburu-#t., and Pepot, & urner Clloial rollsie.’__ T Leava. | Arrive. * 500 A 01 4 B Twpuld T80 = Y :00 8 m B e e e it N i“' amiaer, Ludlaton, oid., 0 8 1a NE it hgea, Muskeyon, tiony s Y8 - ¥or, cic., dsliy.. W e rnrufia i abiaraes ritviivy "5 [TT 7:0 b4 - crgivd,