Chicago Daily Tribune Newspaper, January 6, 1879, Page 3

\ SILVER. The Nefarious Conspiracy of the Qoldites. IHow They Have Inflicted Imhnverhh- ment upon Our Country and the Whols World, 1Thy Should We Endare flard Times When Prosperity 1s Clearly Within Our Reacht The One Bure Remedy .for Our Tronbles: @ive .Us Unrestrioted Coinage of Bilver, Congress Bhould Pass the Lathrop > Bill Within the Next Thirty Days. % o the Edilor af Th Tribune, Cmieaco, Jan, 4.—The supreme need of the country to-day 8 & statesmanship wige enongh to comprehend the magnitude of the tinancial crisls in which we are fnvolved, snd patriotic enough te upnly the proper remedy. It is now more than five years sinco this eraof falllog markets, stagnation, and bankruptey began. Few of us hal any adequate idea of what was to come when thu panic firat struck the conntry, in Feptomber, 1873. Jay Cooke bhad falled, and In his fall had dragged dowan certain others who bad become Implicated fn hisextonsive and reck- less apeenlations. This, tu the common mind, at first was the whola significancy of what had happened. Hoon, hawever, we bezan to com- prenend thst Jay Cooke was ooly a symptom of A DERP-SEATED MALADY, and that it would take time for the patlentto recuperate. Btill we were surrounded with all the material elementa of wealth o unequaled sbundance, the earth Lrought forth its fruits plentecusly, tho world needed the products of onr eoll, and wefirere at peace with all natlons aud among ourselves. Burely, s few montbs, or a year or two at farthest, would restore us to fnanclal heaith and soundness. Thus mon of affairs ressoncd upon the situation. And so, froln season to season, we have been told that the good time was just at band. These pre- dictions have been repeated so often that they begln to hiave o certain famillar sound. Year after year wo have been fattered with **verbal promises,” only to be chilled by “equinoctial dissppointments.' The year 1377 was decmed peculiarly fayorable to a return of prosperity. With excelleot har- vests, tho Russo-Turkish war excluding our chief compot{tion from the markets of Europe, aud the state of general armed observation, to unfavorable to large production there, surely, it was said, wo shall now be borno along upon the flood-tide of fortune. But 1T WAS NOT 80, Arain: when' the unoxampled crops of the yosr that has just closed had becoms assured, the prediction went forth that 1878 would do for us what its predeceasor had fatled to accom- plishi; nnd once moro we have tasted the bitter- ness of disappolntment. If, with the most bountiful of harvests, tho condition of the country at large {s barely foferable, what would it have been with ashort crop!. Meanwlile, ‘prices of all sorts of commoditles, raw products aswell as ymanufactures and real estate, have_ steadily and persistently declined. They are lower to:day than they weroat the corresponding date fast year, when they were lower than they ‘wero the year before. . Of course . there are exceptions, favored lo- calitics, whero real estate has exhibited s elight upward tendeocy. This is doubtless true of sume very limited portions of Chicago, as well as of New York. Buc {tshould be waid right here, that, if there s & spot op earth where wo night reasonably look for exceptional improve- aneut, spurts'of prosperity even inthegloomiest tlines, {t 18 here in this grand centre of tho great food-producing rewlon ol the world, where cyerything conspires * to stimulato _activity aod growth. Siil, ono swallow dove not make & summer; and the stutement la cortainly true, that the averuge of valuntiops ol real estato throughout the whole country, moro espceially in Eastern citlos, as well as agricuitural disteicts, 18 LOWEK TO-DAY TIIAX IT WAS A TEAR AGO. Every one kuows the saume to bstrueof all sorts of commodities, And this has been called comiug down to hard-pan, We bave been told 1t was necessary fn order to reach ‘fbed-rock.” This process hus been golog on so long as to creatos doubt in some minds if thers bo suy bed-rock; if, on the contrary, it is not * ratber a battomleas sluugh. (o whicl the financlal inter- eats of the country are sivking heyond, all soundiugs. When we Jook abroad to Eurooe, we find the same state of thiogs existiog there. Frauce aloue enjoys o moderato degree of prosperity, ur, to state the vase more aceurately, is not sul- urt:g to the sawe oxtent aa the other natia In Eugland, the factorics, shops, wincs, flel #ll bear testimony tothe geperal staguation, low - priceg, , Want ol enco SUTUN capital, and consequent destitution ot employment at living wages, The distress among tue laboring classes 1s represented as extreine and well-nigh universal. la Uel’lflln‘)’. the situation is no better, The sufferiog in these countries in far grester than it has been at any tino with us. ‘f'ic wave has resched dis. tant Iodis, sggravatiog thae miscry of that poverty-stricken land, wnd Ly its reflex muye- ment iblunsitying the distress fu Europe. ‘The impoverishment s ONNEHAL, WORLD-WIDE; AND I8 INCREABING. In view of thisstate of affairs, the question sriscs, To what docs all this tend!. Whither are we drifting! And what will be the outcume of this} Europe {s, of course, uneasy and tureatened with convulsions, But It may be suggested that such a condition is chronle there, and that we need give oursclycs nu concern on that account,—toough it would bo easy to show that we may be more deeply fgtercated thsn soma suppose. But she wuro vital question to us s, flow long will our own lnstitutions ostand the straln of such s pressuro; as we bave borne for the last five yearsf What would be the effect “upon our conditfon, political, suclal, economleal, Industrial, ol tha possible coutiuusnce of this staguation in business, with prices atill fabiug, durlug avotlier terin of fiva years, or ten earst Aud, 1f wu couclude tbat endurance would still tble, Jot us ask ours.| 1y foi us tosuller in this way, it fs it that the Awencan peopls are enduring shis tremendous sacrifice, WHEN PROSFERITY 13 CLEARLY WITHIN OUR Rxacul ‘That there can ba uo eueral prosperity with 8 perslsteutly fallive market, i & proposition that requires no argument. A single iliuai tlon will be sufllvient: tbe wil-ownoer, Who, actiog upou tue mistaken bellet tuat **bed- sock " bas peen reachied, concludes tuat, st the existing prices ol manufactured products, raw waterial, aud skilled lsbor, he can turn out Boods with prolit, aud thus- sets the whecls 1o inatlon, thus uiving employment to uecdy op* eraliyes, fnds, alter the lapse of a few inoaths, wWheu bls products are ready for murket, that bricea have fallen still lower, and thut, instesd of bis auticlpated Bt, be has sulfered & loss, With this reault of bis vxperiment, ho shuts up {actory, which thus becowes dross capltal, snd Curns bis operatives adrift. These .become tramps, or elio week employmeot in other lines of occupation, already berlaps over- wded, and for waich they bave no ftness. uable to earn cusiomary wazes, thefr con: sunption of ail sores wuat be reduced to a win- Lwuw; sud reduccd consumption Linkes profit- able production stlll more dificult. Produc- tlon snd consumbiion are” the complements of each vthor, and must ¥o haud in hsud. And hiese sule causes, which, by pruducing generel improverishnent, bave crippled Lhy bome ars ket, Lave debressed the forcign warket as well, ‘fo be & cood customer, It s neecssary for a na- tfou 1o be rich and prosperous; aud thy (mpoy- erishment now golux on 13 UNIVERSAL. ‘Thus the rich baryests of the last year, which Lavo drawn from toe sirelo soils of Gur prafries “what wiil uever be restored, have gous abroad without avy adequate eeturn to the tarers. - 'Foess stuteascints Wil be recozuized a4 1o oo -sordance with tua fucts of our situation duriog Lbe last flve yeurs. UL course, thero are cxcous tlous, Sowmna brauches of bustucss will Buurish 4 Uuder couditlons must unfuvorable to weueral Prosperity,—as, for csample, that of the under- takeriu thnes of pestidence, or thac ol the Reg- Liter and Wecelver in unask of generul bavk- Fuptey. Bu, too, wholesale dealers, buyiug up siocks ut prices which Lave ruined the wanufuc- turer and bewgared bls operatives, by making Tapid saice at cvzo amall protts may thove und Krow sich. Buch lustauces, bowever, prove uotblog e broad proposition, task THE CHICAGO TRIBUNE: MONDAY, JANUARY ¢; 879 there can be no general prosperity with a con- tinnonsly-falling market. \Wnat, then, has brongait abont the present depreasion of pricest And can anyihing bo done to arrest thls down- ward tendency, and thetehy restore prosperity ! he distress s world-wide, 5o must we look CAUSE COCXI 0 In its operation. Let u; first reafizo the fact that wo ara in the infdst v A FINANOIAL RAVOLUTION now in prozress, the alm and purposs of which, on thopsrt of thomovers, Is to change the monetary system of tho world, Fromu time coovdl with the carliost dawniogaof history, silver ana gold, Jointly, have composed the world's money, ite_medium of exchange aod measurc of values. With both theas metals in use. mankind at large have nover falt that thers was too much moncy. Its sbundance and scar- citv hayo alternately marked tho rise and de- cline of dvilization. ~ A sufliclency In the supply has heen an essentlal clement In the progress of the race. Dut the world fs now brougnt face to face with a deliberata schemp on the part of European capitalists, in which clpltalists of our own country seem to have united, to reduce tho volume of the world's nioney nearly one-half, bly casting out sliver trom {ts monetary fane- tfon, and establishing gold as the exclusive metallic money ana sols moasurs of values, say this fs 1 TAR BCHEMY OF OAPITALISTS. Certalnly it did uot vriginate with the debtor class, nor with tho masses, either in Eurnpe or ‘Americo. Bilyer from time Immemorial has haen, and atill §8, the favorite money of the com- nun people, ‘The motive for thils scheme Ia manifeat. 1t In to euhance the purchasing power of money by makliug it scarce, and thus to depress the values of everythiug else. Lot ns sce how this js done: The values of the world’s yolumu ol _silver and gold coins heretofore have been nearly equal,— the most reliable estimates fixiog the gold at at about $5,500,000,000, and the sfiver sp- proxtmately at sn,‘:m,mo.m Of course, the total cxcluston of sliver would at least double the purchasing nower of gold, and reduce the Prlcu ol ail commodities, ns well as jabor, ot east one-hall. A partial exclusfon ol aflver Eust cause a proportionate reduction In prices; nod all leetslation diseriminating ngalost silver, by restritting irs coinage, tenda to diminish the volume of metallic money, and cnn!cr}uuntl: to depress prices. ‘Tnis scheme, should Jt succeed in making the ~monometallic gold standard universal, would doubls the valucof il the bouds and other evidences of indebtodnoss, national, 2orporate, aud individual, lu tne bonds of the bolders, for their benelit; and corres spondingly v INCILEASN TIIZ DURDENS OF ALY DENTORS. The disastrous results of the downward tend- ency of prices while this process of demonctizas t{on goes un, have been sufliciently explained, Jaud are well Nluatrated tn the present experienca of the Amcrican people, f.ec us sec how far this schemo has already succeeded ¢ England demouctizea silver and established the gold standard In 1810. Eogland was then, and sl {s; tho chiet creditor nation of tha world; and her tinancial legisiation then wes, and always bas been, shaped by her creditor class, Tho surplus capital has sought inyeste ment In avery quarter of the habitable globs, wherever satisfactory ecurity conld be had. Between $250,000, snd £300,000,000 in tho shape of Interest Is the annual tribute which the world, her devtor, pays tor the uso of Dritish eapital. Englisn bondholders well understood the tendency of the measure tn 1816, But the discarded silver then made its way into the weueral circulation of Europe or was shipped to Indla, and the measure produced no vory im- fmlunl results outskde of England. Bat, in 878, Gennany, another creditur natlon, elated by the conquest of an {ndemnity of $1,000.000,- from Fragee, and conlident I hier abulity ta transfer the world’s tnancial eontre. from Lon- don to Berlin, was INDUCED BY NHEN CAPITALISTA to demonetizu sliver and establish tha gold standard. Concurrontly, the Seandinavian na- tions pdopted the sama neasure; and the Latin Union, so called,—including Krance, Belgium, Bwitzerland, and Italy,—by a jolot convention restricted the colnogé of silver at thelr respect- fve mints to -a small annusl amount. Kussla, Austria, 8pain, sod Italy arc suifering the evll, of a depreclated paper currency, With no ori pect of @ return to specle-pavwents for an lu- definite future, Thus sfiver throurhout Europo 18 practically rlnm;l under legislative ban, Bo far as we are Inforined, thors s ot a country In Europe, wbich hns & metalifc currency, wihere sliver s atlowed an equal footing with gold: but it is cither demonetized, or elsa cotned only 1o sma)! quantitics on Government account, It 18 nowhera admitted to unrcatricted voinage, as 1s the oase everywhers with goid. Buch {s the situation in_ Europe: and, by the legisiation of 1873 and 1874, the United States clandestinely committed to the same pol- fey.: It remalns conmitted to that policy to- day, Tho remonotizing act of last winter, pro- vidlng tor the colunge of silver on Governmeut account, IVAS AN ILLUBION,— 8 “keeping of tho word of promise to the car to break it to the hope.” No blll restoriug allver o its righttul place in our monetary sy, tem could bo passcd, becauso of thy opposition of the Prestdent, Tho persiatance with which the advoeates of tho golil standard havo clung 1o the ndvantago so unfairly gained, in deflance of the clearly-expressed will™ ot the vation, is worthy of the ongluators of such aplot, If u pupular whiriwind shoulil sweop over the land, prostratioir our fluancial fabric (u the dust, tering over its rulns the souvenirs of deomable and worthlcas serlp, itumnal lcaves arostrewn ‘aliowmbrosa, i it will be woll to remember who sowed the wind, Wa ey as well recognlza tho fact as the outset, that legislation upon tuls question, Lero ar fn Lurope, or wherever the peopin have auy volce In fegislation, is subject to TWO OPPO3INU ¥OuCzs, o On the one hand, it fs for thu intereat. of the debtor clasy, and of the muases genorally, that mongy shatl be sbundunt and cheap, or of low purchasing power, to tacilitate tho payment of debts, aud o stimulate production aud activity in all departients of busluess, On the othor and, it s the joterest of the creditor to * enhance tho urchasing — power of maoney, thereby increasing the amount and valus of what Lo reculves in payment. And alt those ‘Wwho ke & busincss of ‘loaning thefr tnoney, or whose capital Is luyested Iu ponds sud other securities, and generally those who tnanipulate money to make toucy by Iuterest thercon, Lo- gother with thoso wha bavo fixed Incomes, may bo properly placed ou the crelitor alde of theso Jpposing torees, Of course, it 1s not true that nll.Benunl ou the creditor side are in favor ot making money scarcer and dear, or that all dehtors are for cheap money, oaly of the natural tendeucy of the situation of tho two. closses, It {3 as notural for the nian Who bas money to loan, or whose capltal fs already invested fn Uoverninent bonds or other debentures, to desire 1o make monhey scarce, and thereby cuhunce ita purchasing power, as it 13 for the man who has his wheat, or_cotton, or manufsctured products for sale, to desire to fn- Grease the price of such commodities. The measures adopted to produce the desired result dopend upon tho meninl calibre, business tact, aud moral status of the inan. Vet as 10 uno Wa are speaklng would rau-i*uv the leulnmr fn wheat us speclally entilled to legislative akl fn his st tempts to ralse its price, s0 1T 18 NOT BABY TO 8E7 WilY the money-lender should have any greater con- slderstion In bis scheuis to ralsd the pricu of money. Forsucreisa vest diferenca i re. spect of the amount of mischie! liabla to bo cuused by unlsuelng the price of connnodities Sctitiously, und that produced by Increasing tha purchasing power of inoney In like manner. 10 Wheat, or any other cominodity, Is beld at 'y prices, the masacs are vt compelied to uso {i, but may resort to some substitute; and thus thera s o moderate limit to the nischlof, Bue there is no substitute for money for tho man who Lias a pote or mortirage falllng due,— nouo stuce the Bankrupt act bas been repenled. ‘'ie debtur who owes o dollar wwst pay u dol- lar, whether it coats ons bushel uf wheat or ten, ouu day’s work or ten, to obtain it. ‘The wroug aud injustice pruduced by ony great arblerary chango eanangng or dlwinlsbing tho value of money, whicl {s the wessuro of wll other values, 14 slmply fncaleulable. HISTONY I8 REPILETE withtostruction upon the question under consid- erution, Every istance ot any considerable adal- tlun to the world's stock ol procious wetals bas been followed by s revival of tradu and judus- try, oew fnventlons and discoverice, and wcu- eral progress; whils perlods of wcarcity haye been attended sod followed by exactly opposite results, Aud this I swordunee with the plaiucst priucivles of polivlesl cconomy, Dur- fogz thy Dark Ages, for severul ceuturies, tho world’s stock of zold sud ilver had beeome ex- tromely low, by the extiaustlon of kuowo mines witbout vew discoverics, aud the gradual foss of existiug supplics. Trado langulsued, indus- try lackud sucouragement, uud (hu miasses throughout Eurupe were sunk In paverty aud wretenedesy to o degreo b comparison witn walch thur present coudition {3 wealthand adlucoce. Otber eausvs coucurred in these re- sult, ut tho scarcity of mouuy, aud especiatly s coutipuous duercase fa volume, prolonged dur- lug several centur - WAS DY FAR FUR MOIT INPORTART, 2 By tho discoveries of tho tresurue of Mexico wnd Pera auid the sllvor mlucs ol Pozasl, tucrs was & yast fndux of guld and slivey, anda tho arteries of trade, consiereg, anid industey 8034 telt the vevidyw intlaeuce, Woo will comapute thu beuelly to European avilization waleh o wrued frou this vast additiou to tho stock of woueyd Jwagine, tf wo cau, tho ditferencs in the preseut cogditon of sisukind I the Now World bed beow "louud equally ri:b fu every ) other natural production, but lacking sll trace of the precious mictals! Again, the yesr 1843 was the commence- ment of andther serles of dlscoverles and suc- ceeslve additions to the world's atoc't of money s and again, trade, manufactures, invention, art, and ndustry, In evory department, all over the, civilized globe, VELT THN BTINULATING YEVER, Look backward thirough the last thirty'years, —=a perfod absolutely unprecedented u the his- tory of the world's progress; consider the gl- gantlc coterprises which have bnen carrled through,—tha mountains that have bien tun- neled, the rivers and valleys that have heen bridged; how every sea is traverscd by lines of slcamships, aud every portion of the civilized globe penctrated by tho locomotive and the tel- cgeapn; think of the wumberless inventions which have added to man's comfort, and en- abied him to surmount thie obstacles of Nature and compel her to do,_abelsance to his will; and ealcuiate, it vou can, how much the gold of Cal- {fornia and Australla and tha silver of Novada bave done {n producing these resuits! TAT HERE 1S A CONBPIRACY— for it can praperly be called no other name—by & certaln class cotitrolline European leglslation, and alming to do the same for onr own country, who bare mansged to galn thelr fall share of tho treasurcs alrendy dug fromn tne bowels of the earth, who would, forsooth, close up the womb of Nature againat all further production, lest her exuberance fn faturs may Ly com- parison disproportionatoly dwarl thelr own sessions, Was ever sclflanness so unrenson- ug,—10 fntense,—s0 utterly reckless of the vommon tdeal? Times have been when, durlng long periods, mankind anfTercd the evils flowing from a_natural scarcity of money. heenuse the supply had become exsusted and the hidden trensures of the earth were yet undiscovored, Bat hera Is an attempt to bring upon us the evlls of an artlficial scareity by compelline us to castaway, 80 [ar as the “‘monctary usc is con- cerned, one-half of the treasurn which mankind, with infinite laboyr and palns, has nlrculf.- dug up and bias in actual posseaston. Aud yet the whole quantity, both gold and silver, 18 PAR ¥ROM BEING TOO ABUNDANT. Imagine tho conlt'\ueumn upon the financial condition ol the world it Russia, Austris, Italy, aud Bpain were ta attempt resumption ‘of ape- cle-payments upon the single rold standard,— thus bocoming competitors twith the uation already Sozaged {n the scramble for the world's stock of gold 1 Whetler we examine this question in the light of history, or under the dark shadow of our present experience, or peer gloomlily Into " the probabilitics of the future, wo sce nothing but ‘despalring disaster, impoverisiment, an rain fn_ this financial poliey whicth has been fastencd upon thecountry, so manifestly against the will of 1ho popular malority. hat, then, {8 the remcdy! What can bu done to arrest this decline in prices ond mako 1t safo to _engaee In Frudumvc Industry, thercby restoring prosper- tyl Wu say unhesitatingly, give us UNRESTRICTED COINAGE OF BILVER. Restoro the old landmarks. Replace silver upon that cqual footlog with gold where it be- lungs, and which from time finmemorlal it has held In our monctary syst in. The existing situation not only holds ‘present eatcrorise in check, but s afsoa standing mcpacs to the future, The apprehension that thy exclusive eold standard mn{ ultimately be fixed upon us hulds uverything {n abeyance. If, Inatead of the wrotcned half-way measure ndopted last winter, we could then have had an act restoring unrestricted coinags of silver, we might, with propor eulargement of the mints, now have had {n cireulation $100,000,000, ur even 150,000,000, of solid silver cola.” This would ,have' settied our palicy as that of blmetalliem for il time; and, by such substantfal [ncreass In the volumu ot the currency, would have already produced 8o upward um!cm:{ of prices, thoicby stimu- Iating overy department of busiuess. Our prodperity WOULD FIAVE BERN ASIURED ALREADY, The problem which bas {:lvvu Mr. Stermon 80 much trouble—that of geiting the stiver {nto circulation—would be casily solved if tha owners of “bullion were permitied to have it colned v their own account, the same as gold, upon payiog the cost of mintage. Would any ona have boen wronged by this measurof It bas been argued that tho condition abroad 1s such asto toake the present polley Imperative on the part ot our Qovernmont. Enuland and Ucrmany hiave refuscd to enter (nto anv arrange- ment for & common blinctallic standard, and ad- hers to the gold; whilo tha Latin Unlon, to Bruvunl. balng depfeted of their gold, have com- Ined to restrict the colnnge of ellver to o small auiual amoant, This, It is clalmed, makes It nccessary lor our Government to becomo prac- tically a” member of that Union, oud aiso re- strict the coluage of sliver. Wherenoto these mesaures tend bas already heen sufllelentl, shown. Dut it is alsoclaimed that a persistence in this courso on the part of the Latin Unlon and our Govermnent will ultimately foree thy old nations to ol fn an International Convens tion for o commbn blinctalllc standard. Now, while the vesult hera contemplated is ono ardentiy to be desired, yet ths first objection to this ljou of argument 15, that it makes too littla uceount of ¥ ENOLISIL AND QERMAN ODSTINACY. Germany even refused the. courtesy of sending & rupresentative Lo th recent Confurence, Sho is fixed n her purpose, and ill have no dicta- tion from amny quarter,~least of all from the Lutin Unlon, of whith France Is the head. And the Engliah aristocracy m'ldv.-mlr have no thouzht of chaogine their policy,~though seyd, Cernuschl Willilamson, Samuel Binith, aud others have demoustrated by facts and tigures tho daagers which nuat resitlt from the gl idard, and predicted the evila which have dy oceurred, Iler aristocracy ara wedded to gold, Silyer Is too plebolan stuff for thelr dafuty flugers to handle. Not long stnco there appeared {1 ono of the dafly papers an ex- trace from o Jeader In tho London Times, fu which the Thunderer, after taklng a somewhat sainbre view of tho ‘business situation, anil ad- ustting that British commerce and manufaetnres were vu the waue, ended by consoling its read- era with the comforting assurance that Eugland Das sullictent accumuiutions to suppars Its vop- ulation for an indefinito tine to come, i1 need be, without work. And 80 Mr, John Bull will retire from business aud live on tho Interust of his money—~but ho wants that lutorest in gold. Whethurs he Las duly consldored the suclal con- ditlon lkely to result from A DECADE O% 80 OF PAUPER IDLENESS among thu operatives of Lancasbire and Clieshire, does not sppear. A proper subject fur his yieditations in that rotiracy poo wilh he (s about 1o enter, would be thoss fines from ono of Englana's favorito poots: And Satan finds somo mischiaf still Por lille hands ta do, ‘These European Powers will not change (helr policy al our request, however reasonablo it may scom to us, What then? Shall we in- tenalfy the evila by yoking oursslves to the 8aine pollevl Led us haved po'iey of our own. Naturo has furoished us the silver and tho gold in greater abundance than any other watlon, Let us usa thoin Loth lmparttally aud froely, fn the way the Author of Nature manifestly dee efgnod that thoy should used. Ouen tha miots for tho coluage of both on vqual terms, - Enlargu their capacity to meot tho demand, and fuano bullion-coriificutes for cach metal, Hut lv 1aobjected that sliver {8 bulky, heavy, incon- venlent to carry, 'the objection 19 NUT INSURMOUNTARLE. No one would wish to carry many thousumls ul efther wotal sbout his porsou, i ho hud ¢, Nor Is 1t necessary. A bulllon- or coln-certifi- cale, o8 & Treasury-uote, for $1,000 or $10,000 In silver, 13 no heavler tuan onc for the saniy ount u gold, “There fs nv more necessity that onu whould carry about with him by mouey, except what inay be wantod tor small change, than that he should carry his other Boods and chattels. Al that ho needs fa good titte, a0 that he ean have tho coln whon cnllod for; and, for purposes of deposit in (lovern- mrot of bank vaults, sllver 1s sufer than gotd, Waile not o heavy of bulky for thut purpose, 1t s sulliclently s0 tu prevent burzlurs and thieves from gettlng away with any considera- ‘ble amount withuut being detocted. * But it is objected that: foreiwen nations will soud u thelr “depreclated sliver in exchanga for our gold, {u accordauce with what Iv kuuwn as Giresham's law,—tho chesper and {nfertor car- roncy drivin tthe wore valuable, gt this argument is sed ou the ssaumption chat, In our preseut system of slxteen welights of to one of l{l) d, silver I8 rated too bigh; aid so undoubtedly b s with stlver overywlicre ex- communicated. But take off the Jegislative Lag, give it unlimited colnage, and . THUEN 8RB BOW IT WILL STAND, Here are two liorses entered for 1he ruce,—one ettered, tho other and yOu pron'ss tewt thelr relative specd. In common falricss tu tho white horse, take oIl his tocters tirst. ‘The full rewanetiation of silyer by the United States wauld not buly arrest the price, but would, In all ")’mhnbltky, s000 restory it to Ita former lovol. Hy our svitem, silvee Is rated lower tan 1o that of n\{ other country. | We allow sistocn o one of old, walle iu Con- tinental Europs tho universal mutiv {s iliteen and & half toone. By thal ratlo the two met- als bave circaiated sido Ly side I France jor turee-quarters of a contury, We way easdly flud room for $100,630000 0r 300,000,000 vl sliver without displacioy what euld we bave; wid let us it see thé elfuct of this large de- i befoce wu talk about changing the ratio. 10w but 8 few ‘yuars sinew,'dn ‘adoorddacy with Girshan’e Jawysilvdr Swesdriven ‘ous of thy sctine da (ts Unitod Btates by guidl, bucause silver was nuted tou. low; gud, in 1hos mudtasions 'to wineh the produciion of these methis 1 subluct, we may bue thu sumie result azein i our leslslutors ure widu in preserving the ulonctary functions of buth. THRUE I3 BO DANOXA that thode nutfons (bad Lara tuy bimetallic standard will send thelr legal-tender colns here, becaune they are worth moro at home. Theonly forelgn Wources from which soy considerable quantity could be cxpected {a the dlscarded sil- ver of (iermany; and minch the greater_portion of that hias aircady been disposed of. By Iatest accounts, only about £70,000,000 remalns. Another objection which sssumes (mmense proportions fn tho eyes of the goldites {s the prospect that, by full remonctization of silver, the Bonanza Kings would realize large sdvances in the prico of their stocks of that metal on band. At present tho Becretary of the Treas- ury gocs into the market as o bear, to heat down the price of siiver, buying as low as pos- atble; and the Government enjoys a_scignorsge on the smount ul silver colned equal to the dif- feronco between its bullion value as measn b‘y old ond its valuo ax legal-tender coins, less thio cost of colnage. But liow came the price of silver bullion to be thus depressed ! Simply because the Government, by demonetiz- ing It, took away most im- rurumt fanctlou and use. By so dolog, t committed a wrong ogafnat the oroducers of sllver, in commlitting a greater wrong against the patlon at large, It was guilty of the ex- traordinary mlrlr.lll_v of julning handa with for- eign countrivs in legislating against one of our most important industries, and crippling all other industsics at the sawe time, By restoring aflser to its full usc ss money, Government will rectify the wron(;u done to the country, and to tho proaucers of sliver as well. TIHERE IOULD DB NO DELAY WHATEVAR in doing this uct of sound policy and _fustice. Congrens shoutd take np the bill” introduced by Mr. Lathrop, and pass It within the next thirty days. Inthe meantime, there should be such demonstrations, in the shape of massaneetlugs and otherwise, as to convines the President and his ndyfsera that they mighit as well attemot to stem Ntagara, as to tesist the popular demand for this mcasure. That it will be carrled, if not through the present Congress, theu the next, Is s certain a8 anything in the futurc of American politics. If by'any possibility it should fail of an earlier settiement, It will be, first_and fore- most, the izrue In the nexe Prestdontlal contest. And It wil *MAKE UAVOO OP T{E PROSPECTS of such cantdidates as shall venturs to offer op- position. The people are becoming cducated upon this question rapidly, under the keen stimulus of conunercinl disaster, losses in busi- ness, aud fucreasiog voverty. £t will bo well for our politicians totake notice that the masses are fast assuming n mood not to be trifled with, Real, sctual, and complete remonctization ot siiver, with uniimited coluage and bullion-cer- tillcates, is what they demand, and they will be satisfled with nothing less. Jtestore the o'd land- markal 18 tho battle-try of the people,—the land-marks which wera clandestinely removed while tne watchmou slept at thefr poats, No compromise until the people have regained their ownl This question ouglit to no settied now, frrespective of party lines, because we have, In the restoration of sfiver to its rightfa) place, the only guarantes for tho return of prosperity, the only protection agatust tha threatening ovils of a flat currency, and the only sound, suostantial, srd Just bams for the finances of our country. 1. Bootu. CONGRESSMAN ACKLEN. A Brief istory of Early Life and Tratnin ~It{s Mother's Three Marriages—Iow ¢ Tennessee Liolla Caught n Milllonajre. Ousrespondence Now York llerald. EvarsviLtE, Ind., Jan. 1.—Shakspeare says, “Bume are born great, soma achleve grentness, and some have greatness thrust apon them.” Tho readers of the Herald have probably judged for themselves under which category cpmes tha name of Congressman Acklen, of Loulslana, whoso explalts just now are dlliug the publfe prints and arc rolled out =0 trippingly on the tonenao of the sensation-loving publie. ‘The em- luent soclsl relatious of Mr. Acklen, particularly In tho South, rcuder nls case pecullarly Inter- estlng, Indeed, thero are many incidonts asso- clated with Mr. Ackien's soclal history which, though bearing no relation te lis recent adventures, may yet be told as a part of the romantic history of a most romentic ‘yonng man. Mr. Acklen 13 a young man, searcely xors than 23, and is a native of Nash- vilte, Tenn,, born. lterally, “'mid pleasure and places.” Iie has beon tho especial pet of fuortune, and nis life oue of case, tlezance, and luxurious lelsure, 1lis mother, at present Mrs. r. Cacatham, of Nashvllle, was formarly Miss Adelicla Haoys, whose ncphew, J, Adadlson fays, of Mewmpbis, nbout one_vear since marrfed the daughter of Jelferson Davis, President of the late Confederacy. B Lnorder, however, to clearly set forth Mr, Acklen's connoction with “Gther prominent fnmliles, b Wwill by necessary to rovive a bit of listory fn_which Mr. Acklon's mothor ia tho herolie, Hor matrimonlal events mumber three, First, sho was tho wifo of Mr. Franklin, ot Tennessea; sccond, of Joseph Acklen, Br., of Huntaville Ala; and thied, of ‘Dr, Willlam A, Cheatliam, of Nashville, The bistory of ber 1ife reads somethingilke a romance. About forty years ago thero lived o SBumger County, Teu- neasoe, twenty miics north of Nashville, an im- menscly wealthy old bachelor ‘named Fravkiiu, Ao wasthe richcst manin Tenucasce, awnod two cotton-plautations in Misslsaippl, two sugar- plantations In Loulslana, snd more than 1,000 negro slaves, His place of residence, Fairfield, was a lordly manor of several huudred blue- grass acres, and rich in hill, and vale, and Inwn, and sunning brook. - It bad & magnlileent park, stocked with nerds of buffalo and deer, ‘The atabies wero flited with blue-blooded nags, fat cattle browsed in its flelds, and Smported ocen- pants bleated {n its cozy sbieopfol Tho Falr- field mansion was quita In Keeping with all its beautiful surroundiugs: splendid art-galierics of cholva worka, libraries stocked with mental opu- lencs, while statues, fountalns, lakes, arbors, rustic bridges, and conservatories adornod the grounds, and completed the picturo of which theag words aro but a reuch outline, ‘The awner of all this was a benevolent-bearted, gonerois- souled old gentleman, & man of varlod accom- plishments and thorough culture, a typleal southern planter of flush times, hospitable, genial, and philanthiropic, whose doors were al- wavs swung sjar for thie coming guest, Ono day & way party of young peopla from Nashvilla visited the abode of the baclelor, snd among thom was Miss [1 o mother to Congressmun Acklon, who 8t that tine was o buautiful and vivacious belle of the Tennesscu Cupital, Mr, Frunkiin was sbsent, bue his lndizekeeper accommmodated the visitors with the raro eight of s bullslochaae and o hunt; the maltre d'hotel met out o most bountiful epread, and the hours, though bricf, were rosy. Defore Ilcaving, each lady and gentlemafi was requested to reqistér fn_ the reception-roony,—an ocsen- tricity of Mr, Franklin belog autozraphs. Pret- ty Miss Hays thouzht it capltal fun to placy upposite ber delicate chirography a seotence signifylne her fntention to_ ** sct hor cap for the ol bacholor.” It worked lika s chartin, It wus the turn of the tide In thu aflalrs of Miss Hay: Bachelor Franklm, hituerto fuvuluerable “to Cupld's arrows, was atruck in u tendor snot by tho featbered dart,~tho gay irovse quill of Miss Haye. A brict courtship, wgrand weddiue, und Miss Hays Iueamo Mrs, Franklln, and the fs- truss, too, of Falrfleld's brosd acres uud its con- comilants, Twoor tlreo cllidren biessed tuo uuloy, but the sugel of death looked fu upon the bonschold, and 1 tho course of o few years clalnied aa his own each of the babes, us woll us nlilionatre Fraoklin bimself,—~thus Jeaving n blooining youug widow **rleli us croek mud and no ihcnmbrances whatever. Mre. Franklin had monev to spend, mousy to lend, money Lo oive away, ler corps of eal- n Wus as strou ae 4 Seottish cloy, and cog- tained more chivalry than the retinue of o feadal lurd. I, a3 1t was charged, sho marred tho first. timo for monvy, tier second wedding was Lo be sn affar of love. Among hor suitors was o poor but respectable [yuuu': 1awyer of Huuts- ville, Ala,, Juseph Ackfeu. It 13 uot kaown to the writer whether Mr. Acklen had cver formed thu avyuaintance of a briel, or recuived nn Intro- duction to s case in court, butiu bl malden apcech, though fv was spoken to o widow, hy was successiul. It fa said that his engazements ring waa pald for by the lady lie had won, Af- tor” thele marrisge they decan Lo Hye lo requl sploudor, ‘Threa enlldron wore boru to them, ol whom Congressnun Acklen was thalr cldest and thetr pride. Tacy removed toa still mors beuutiful oiace near Nashville, on the Franklin soad. A magollicent mausion way erccted aud calicd & Belwont.” Tt wus, guperbly situ- atud, on hizh, commanding ground,~a portion ol those churming conterminous hills stroteh- ing frow river to river, sud tnclosing the band- sotne City of Nasovil: Bohjud was the city With its superb und ant Capltol sunnountiug a geotrul bild o3 IF u citudel, gud galte s plet- uresque a8 a Rhenish castle or Athentan acrop- olts. ~ In froat, two miles distant, stood auother rungo of hills stretching from river w river. Across this valley the vattle of Nuahville was fougbt In Decewmber, 138 While Sherman was wurcing duwn to the scathe Robel Gien. Ho.xd muge o dash toward Nashville, aud drove Gen, ‘Thouiss bark upon chis splendid line of natural foridfication, and Belont became Gun, Tuoures’ Leadquarters, sud Lbus bocomes histosical ground. Todeseribe this superh howe, with all of tes eleguut sirroundings, would rejuiry vunsidernble space. It wus tyeely acknuwleaged the grandess renldence 1n the South, uud was thie Mecea of all sightseers, Born and ralsed ot (M8 wogyttcent epot. young Acklen bad a fur ha,pler ut tuan usualiv ulls to mortate. His «ducation wes fatrusted 0 Lhu Vory bust private teashers, He was taken to Europe, learucd Frencn) Uerman, and ftalun; traveled and saw strauge lln-.h. S grew up a E. ' handsome, urbane, dashing fellow. Daring the ‘War his mother remained In Europs with her children, Hin father went to Loulsiana to look after their plantations. One of these planta- tions waa aituated up Red River, where Mr. Acklen was cut off from the world by the forcea 3( (llnn. Bauks, aud whero he was taken aick and fed, After the War Mrs, Ackien returned to Nash- vilie, 8 widow for the sccond time, stiil fresh, blooming, and attractive. Sultors were not at all ** backward In coming forward,” and flnlll’{. in 1907, she was married to Dr. Willlam A, Cheatham, a diatingished Tennuasee physician, whose brother was the Confederata Gen. Fraok Cacatham snd whose flrst wifo was sister to the wife of Gen. John H. Morgan, the famous Confederate ralder. Incidental to Mrs. Acklen's hlstory It may be told that, ber crop of cutton having been selzcd by the Fed- eral suthoritics, she engaged the legal services of Gen. Gidcon J. Plllow, of Tennessee, who recovered for her the handsoms sum of §1,000,- 000 1o psyment for the cotton seized. As his abare of the princely fortune, Con- gressman Acklen recelved one of the Lonlsiana tantations. After conpleiing his cducation in urope, ho also graduated from the Lebanon ‘esn.) Law Echool, And shortly after moved to Memphils. Hedid not practica his prufession long, however, for lic goon became enamored of and was married to Miss Betsel, whore father was also rich, IIfs wifo only lived about one year, and vouog Ackien moved from Memphis to his Loulslana plantation, frons which section he waa sent to Congress. ENGLAND AND HER EMPIRE. Tlte Dnke of Manchester's Idess About & Great Colonial Unlon with England. Lrondnn Randard, Dec. 14, T should like to think that anything I conld say would hielp to “weld the English colonies snd the Mother Country together (ato oue Em- pire.” It le, as you say, 8 great guestion. There coutd not be & greater than how to unite the various branches uf the most pesce-loving and couscientious race In the world. It bns Iatits and commits crrors, but I think {t may falrly clatin thau chiaracteer, ‘Ihe difMeulty of solving this question Is fo- creasod by the poliey of the Home Government In traming the Constitutions of the colonles. Whother fntentionally or not, that polfcy bhas tended towards disintegratfon. In order to re- verse the tendency and produce amulgamation 1t will be necessary to ask thie colonics to sur- ronder somo portion of thelr Independence aod the Momo Government some of its authority, but I would wmot ' pro- pusc any counstitutional schems claborately drawn to rectire a fair balancs of proflt and Juss between the two, [ would ratnee launch an institution on the * orcan of Time," snd leave the working of ft to thosa who will have to guide 1t on the ' waves of years.” ‘s it was that the Britfish Constitution liad its origin, and what the race accomplisncd {n its youtn {t will not fajl again to achleve i its maturity. The King called & council which zave him mouey on condition of his acting oo thelr advice, Why sbould not the Bovereizn make the same de- maud of the- whole Empirel At preseut tha natlonal sapplles In men and movey are fur- pished by tho Uniterdd Kiogdom and its Parlia- meunt alone, ‘The colonies are mere municipall- ties. Buch a poritlon was reasonable enough when they contalned merely a few score of rough scttlers strugeling with savages and forests, Butthe position they have now at- tained by their wisdom, skill, and perseverance —Ilook at thelr great share in the Parls Exul- Dbitlon—proves them worthy of & voico lo shap- mf the polley of the Emplre. 'rools, moreover, are ot wanting of thelr wiilinguess to sharc the burdens of empire in due pruportion to their wealth and populatlon. 1o tho great Domlnlon of Cauada there can be no doubt on that point. Years ago thot country ralsed a regiment fur the Quecu's scrvice, Ly tho law of 1803 atl male British subjects botween thoages of 18 au 1 00 are bound toserve if called out. "Some 0,000 or 40,000 of them are armed and drilled, and they did not spare their blood when thelr country was fovaded by the Fentans from the United States. The number jfable to military service s, Ibeliove, about 70,000, vut of a population under 4,000,00. The calonles in the Bouth Pacific, In Australla, aud New Zealznd havo volunteers n.-rvlnl‘g under laws somcwhat llike our Yeomanry act, ‘Tho local forces in South Africa have for months durlogells year cugaged arainst many tines thelr number of Callres, ‘I'na colonies are thus slready undertaking mills tary dutles. What gre the finances of the colonfes t Romzm’ vounted, their revenno amounts to shout £20,004,000, and thelr debt to £73,000,000. With this we inay dompure the reveote of tho o of Portugal, stated to be 45,000,000, a s debt of £72,000,000. The Kingdum of Baxony lins o revenus of £4,000,000 and a debt of £17,000,000, while Canads has a revenuo of £6,000,000 and a debt of 420,000,000, Eviiently Aho timo is not far distant when the colonles could, if they chose, coutributs both in men aod money to the dafcnscs of the Empire. 1 will now cansider what steus might be taken to unite the existing resuurees of the colonies with those of the Unlted Kingdom, and also 1o induce and prepare for a further development of the systein. I bave already referred to the fact that Canada raised 8 battatlou which ligs be- coms the Oue Hundredth Regiment of the Line, with merely the titls **Royal Can- odians.” 1t hus, fo fact. no more to do with Canada than the Grenadier Guagls, I thiuk It ought to have continued to be & Can- odiay regiment; that after s tour of ducy away from Canadu 1t should navo returned ibittier, and that. i toero should be no cxceptioual strain upon onr resources dunng its absonce, 1t ahould be replaced In Cauada by a battation from the United Kiugdow. By this means uois formity fn drill and military system would be adyunced In the colonlal forces, and social ad- vattugos would Lo obtainsd from the inter- chunge of battalions, ‘Tuere seows to bu a marked difference in the toue of thought and manuers between Canada awd the United States, thu former belng essentially Envlish, ‘I'bis way certainly Le utiributed fn great measure 10 the soclal futercourse arising from the pres- enco of £nglish garrisons: and { am of opluiun tuat it s a most deslrable resuit, and one thy attalnment of which fs worth same sacritiee, T would make an offer to eseh coluny that, § It would raise & pattailon for genvral serv- ice, that battation, during Its avsencs from the volony, should be pald and malntained out af the revenues of tho United Kingdom, snd that, during that thne, o battaion of the Queen's army shoufd be quartore:t n and pad amd waintained by the colony, But 1 should lovk upon thts as nnere temporary expudlont, thougli L beliove it would bave s veey boneticjal elfect fu promoting 4 sentlment of the uuity ot the Emplre. 1 vellovo thero ought to be a constitutional development, £o as Lo make n placound function for tho chusun inen of the cuionles, in which thoy. conld exvress and give effect to tho e sirva and interests of tho colonles they repre- sent, dome have thought thls might te dunu by giving acats fn the flouse of Commond 10 representatives from the colonf Jiut thero ary serlowd objections tuthls course, ‘Iho fiouse ut Comnotia ts already, probabily, a+ numeraits as it ought to he, so thut representatives from ha zgionies could not be udunted t large num- crs, I small numbers they would be swumped und have no welght, ‘Lie flouse of Conunons Is overwhelmed with business. 1f 4t discusscs Iuneriad questions it has to pegiect thy inure dome iterests of fLs coustitucuts, Othera have thouzht that rFeureseatative colo- nlets might be apoointod-to the Pravy Council, But the Privy Louneil by wo original Jugzisia- tive uuthonty, and fts inciliers are not neces. sarily sdmmoncd 1o advise on suy question. It wecins to me that, §f tuy oplnons of the colunles ora to Lo sought fu an uuthonative nanucr, stll wmore §f thero [s any hopa or ex- poctation of obtainiug thele nssistutice {n fo- creasing tho juilitary reaources of tha Empiee, a naw urmy should bu constitutsd fu the Empire, contuining represcntatives in duc projortions of ita various parts, the Unfted Kwgdom, in cou- slderatiou of ity larger population and greater wealth, scuding more representatives than uhy one of the colonlos, It may bo objectud that thers is a Councll for Indiz, but tuae it ls nol neeessarily conaulted, and that when consulted it bas no duclsive ua- thority. But that Is boeauss it bus no powsr of yoting mouey, It the colunfus were w sathior- {zu thelr represcntatiyes Lo voto money for thy milftary uud naval defense of the Kmpire (with such rastrivtions aud conaitlons vy wlgus be deemed advisable), such a couseil might soon acguire ereat power amd considerstion. The local kunowiedge und exoeriency (fy members would possess would euable them to sdvisu with suthority as to what should bo done 10 dg- fend the numeruus huportatt harbors of tho Fmpire, and to protecs our merchant Heets alung tha great lines ot srade, o I e Arouud the Worid iu Niuety-siz Daye. Nen York Triduse. * QOn New-Year's mocolog, if all went well, » poatal-rard completed a Journey around tae world in ulgety-clx days. itletttilscity inw mal-baz . fow duys u:,'o\‘ baving arsved from Yukobauia, Jasan. At Yokohamd ), was re- celved frow Alesandrta, Layut, aud ad Aloxan- dria from Messing, ypwhither 12 had boca sent from Lewestershire, Euglyud, Uy the wan who bad vouceived ths exverinent, (6 $hie card Eo bad written a4 tollows: *This postal-cany Is ietend.d to he matled sround the world 4% duys. Al tuie partics L0 Whous it ligs been di- rected will greatly ublige by canceligs the old address wud redirecting to the nexs party in the order menttoned at toe foot. Any poitage will be willingly repald, or it deslred a fall copy of the card wlll be sent upon its retarn. Kindly state, In the space left for the purpose, Lhe date when received and when remalied. May [t bave & prospernus voynge and a speedy retarn.” COL. DWIGHT'S INSURANCE. The Companfes Interested, with One Ex- ception, Preparing to Fight the Claim. New York Herald. The pubiieation in the Herald of the will of Walton Dwight, and its peculiar and Interesting features, has ngain sttracted attentlon to the: sourco from which fts provisions sre to be ful- filicd—1ite insuranee.” It will bo remembered that Col. Uwight sucreeded In insuring his lile for $251,000 1o August and September Jast, and died in the following November, having pald but one quarterly premium. It was the opinlon of mavoy of the insurance companles that he purposely shortened his life after eflacting the fnsurance. Thoy now point to the will as an sdditional evidence of this. It fs dated *Bep- tember,” without the day of the month. Its provistons are wholly based npon Iifa insucance, and be made it while he was securing policies. 8ince Mr. Dwight's death the twenty-ono cqompaniea Intereated, with two exceptions, bave been working iodustriously to discover whether his apolications for Insuranee wero honest. A short titwe since R meeting of the ofticers and representatives of the varions compantes inter- ested was held, snd & fund was subscribed to toy the mecessary cxpepses of cxamining the claims, an agent belng appolnted to inquire Into the facts and report. This report has been snb- mitted. and the following is & aynopais of the document: I 1868, when Mr, Dwight was in & prosper- ous linancial condition, Mr. E. O. (ioodwin, azentof the New York Mutusl Life-Insurance Company, asked him to take out policles for $100,000°0n hts life, and asmign the aame to the City of Binghamton, to be used In the ercc- tlon of o Uswight testimonial,~a llbrary ora publie hall. The fdea pieased Col. Iwight, and he filled up hin applications. When asked ¢ DIJ you ever solt blood ' ho replied in the ailirmative, and the agont told b it was no use for him to seck insurance, especially it examined by s Bingbamtoo. doctor. The arent, however, told btm that he iight sucteed i7hio went 1o tho Company’s offlca, lor his finc physique snd manly ring might carry him through. Mr. Guodwin did not see Col. Dwignt untll two years alter this couversation, and by that time the gentleman had obtaned 210,000 insurance upon nis life. Mr. Goudwin asked him to increase the amount, when Mr. Dwight sald: ‘Jt's uo use: my aopplleation would surely be rejected now, for I have bod & recur- rence of tno blood-spitting within the past threo weeks.! Col. Dwight then became so much em- Larrasscd in his nifaica that hie allowed much of hisinsurancetolapsc.snd in some cases took pald- up policies. Hia first spplication for insurance was on the 18th dsy of November, 1863, aod In thia application he declared tuat he had never suffered froin bronuchitis und hnd never spat blood. IIis next application was made on tho Otn _1ay of January, 160) (six weeks afier the first), and in this opolication ho admitted that some years proviously he had suffered from a bronehial affection. Op the 80th of January he applicd to thie Standard Life Company, and his policy was limited to & term of seven years, and Mr. Dwight learned for the first time that the companics would not accept him as o rst-class rsk. _In Auguat, 1878, Col. Dwight applicd for over 8300,000 of {nsurance on his life, and in all of thicse applications he denfed that he tad ever spat bl or lhnd -n( bronchial affection. He secured $254,000 losurance on the quar- terly payinent plan;but thecompanles that were cognyzant of the contents of his old applications declined to lesuc policics, and he, theretore, falled to obtain the amount of Insurancs he sought, Assvonas the companies that had fssucd policies heard of theac rcfections they scnt agents to Divight tendering back the pre- miums and asking to cancel the policies; but Dwight, of eourse, deciined. The United States Life cauceled bis pollcy while the gentlemsn was llying, and notified him of thefact. Dwight, the report states, wrotea Ietter to the President. of this Compaay, stating that he Lad suffered from nhemorriage, but lie did not thiuk that fact amounted to snything.' ‘This report the interested compavles regard an satisfactory evidence that Col. Diright ob- tained ls insurance, it not by fraud, by with. holdfne the knowiedge of his physical condition. During thy past week the companies have been, toey allege, in receipt of varjous lefters from scqusintances of the deceased offeriug to prove, for a consideration, that Dwight was suf- feriog from a bronehial sffection just beforo obtainine bis insurance, aud that deccased had acknowledged the fact to the would-be wit~ nesses, Buch evidence, however, Is not deemed neceas sary. The one letter wrltten by Col. Dwiehit making the scknowledgment s deemed all sul- Alent, Tae Equitablo Lifo {a reported asstill fn favor of paying the clufm of $50,000, the Company being futerested n the estato and deoming the claln o just ane. In tho case of the other In- stitutions a lung lezul contest is certaln, - ——— CALEB CUSHING. The Sallent Pointe of 1lis Life Eaumerated, An ol ond well-known flzurer has disup- peared from the feld of American politics In the death of Caleh Cushing, Burn iu the same yearus Lord Macaulay, be survived the great historian aboue twenty years. e was grad- uasted at Harvard Collcge In 1817, and, after g briol term ol service as tutor In the collere, be studled and practiced law, and then gervell o year or two In the State Legislature. Ho visited Europo shortly alterward, and next made his appearance ay awriter for the North Americun déeview and tho author of some sketches on European history, Next he went 1o Covgress, hecama o Whig after the sect of Tyler, and was subsequently seat to China us United States Commissioner. Tn that capacity hy vegottated the frst treaty with China which country hud with the Celestinls, 1y served asa Colunel in the Mexicun War, was u Justive of the Bupreme Court of Massarhusetts, and af- terwards the Attoruey-ticocral of Preaident Plerve. “Chen B presided over the Demovratle Conventlon of 1550 at Charleston. Ln 1545 by was serving us one of the thres Commisslonera anpoluted to codifv the laws of the Unlted States, 2 was afterwards Minlster to Spaln, the ¢hiel attol of the United States i thy Geneva Canm! , and was nuiiinated os o Justicy of the Bupremo Conrt bl President Grant, bdrawn, n consequence of the ulscovery of somu words nnce used by hlm whlch squinted atrongly in the direetion ot Becesslon, ‘I'nis 8 0 brief record of the chequered o of a vory versatile mun, llo was o atatesman of the wmlel of Lord Nulifux, the tnmmer, o saw toumany sides, und was too {ucapable of stleking Lo auy ono to have the influence In lifo to which his abilities entitled b, iu hod lods natfon of principles aud more of rules. o way & Watg, uud then o wad a Breckdorldgs Demio- crat. Ho was lezistator, lawyer, diplomat, author, militury 1t would "he dilicuts 1o tind any uther An his coun. iry fn g0 nany o s, But, s ¢ huve sald, he has not left o repatation, os ho uot wield an influence, at all commensuratn but he dted worth s million of afa nmuu\'fullng and money- aud toved hiw dellare dearly to 6 Ly ke abllisy, tue taat. NEWS FROM SITTING BULL'S CAMP. Bpectal Currespondense of Tha Triduns, Woon Mountawd, N. W, ‘Ter., Dee. 17— Ruuners from the comp report an sttempt of tho Crows to form at alllance with the Sloux hery, the idea b that la the event of any outbreak they would havo & flaze Lo come to, the Sioux sad Crows haviox been at war for & great many years. “The alllance is looked favur- ably upon by the clder Chlefs, but greatly op- posed by thoe younger portlon of the camyp. ‘The miuin camp of the hostiles ls still st Whitc Mud River, aud are quict and orderly, Ma). Walsh, the commanding officer here, fecls greatly gratifled st tho way lu which tae Indisus bebaved duriug the feceut presencs uf troups (Col. fllgls’ comuand) near the lue, as- surlag hin Ahat they would uot cross the lie for bostits purvoses, aud would uo% tire » sbut unloss attacked. Toa Nex Perces are with the Bioux camp, and lead u very tnlscrable Mfe. From their smail numbers they are constautly fmposed upou by 109 wWors nuGIerous Nioux, snd, a8 i Iy, they hiavo uo Yol du thu caimjy, 8nd are not sllowe, tu tsove withuul the sauction of tbe War ze or Cauncil of tue Stoux, ? Thero s ay present fu the hostlle canp au educsted hull-breed fram the Platte. Ho s & sonof Rwkuw, u ‘ell-cuuwu trader on the Vlatte. The man fs called by the Iudland the Wild Eik. 1l clalins wo be a nephow of Bitting Bull. el quite well educated, bavipg beey wlucated at Ginaha. Ho dredses in tha resular Indian style, 1t is goucrally sunposed “that be Ix the prat that killed tne “lasue Clerk’at the Spoited-Tall Agency soo tuug 'since. ' This wan keeps the camp. [t all ttairs In couvurving with fuus L yai Wiy ;{a you hos 10 buik b0 tne States#* - dle sad, 9 Lo alvaid ol belog wrresied.” This 1 profably the sawe waa who was sunposad 10 bo Corporat Ryan. of Ly Beveott Cavalry. 20 Cand. THE TRIBUNE ARANCI OFFI0 ¥ ORDIR 16 ACCORNGDATE GUR NUMERGUS patroms shrougaoat tho clty wa Rave -eramifhia Trahch Omices in 1be difteront Dt i Below, where sdvertisenients will be tawen fof thn sma price b3 charged at the Siatn Ofice, ahd will ba coecived i ot Aok 1. m. AATIOR the Week. asd aat ® p. fhe on Satarday, . I8 Twenty.second.st, B. 3. WALDRN, Newslealer. Btatfeer, etc.; 1008 Wet Madleon st . near Werte JOBERT TRRTMSTON, We Bide Isfand-ar., corner of iTalated-ot. uc[imbx. Jeweler, Newsdealer, snd Fandy 20 Lake:st., ‘cornar Lincoin, Employment Agencicss W ASTED-101 LABOREILS—$1.25 AND $1.60 PE, iay; Bosrd, 0o per weck' frco fare, atJ, i, SPERKECR'S, 41 West Randolph-st. Miscellancous. ) ‘ FAKTED—AN ACTIVE AGEN IN - RVERY e town to sell the lied Etar Clesning Powder, ritcle on the market. Merchants and druge n"maxe money by bandiing Tt Fres txmpics sent. Addres C. 1), DANA & CU., Western. Agents, T/ Biate-se., Chicago. ‘ ANTRD=A.(00 AGENTS; *'CLIMAX " OLOTGER nly $11 °* Agents’ Advocats " 8 mouthy deszrive i(lb'lll srtlcies. TNOMPBON 128 Waahington-st., Room 7w, . bington-at.. ftoom 2. ", ARTED-MONDA f&m&Anfiflgfl:{m‘ 3 ain CanaaL K G, & A T WANTED-FEMALE HELP, Domesticss - ANTED—GITL FOI GESERAL HUUSEWON N araeztan or German. NG iris Seca apply: #27 Michigan-ay. ANTKD=A WOMAY COMPEIENT TO DO THE whole general work in B cotiage houte, four in at jeM Arnold-st., near Ti mr-ml.:i ood 4 froner, and good references demanded. Call day of evening. Seamstresses. VWASFED-FOUR ofiths To SEW BY HASD and three to work machioe at 103 Mllwankes-av. "~ Boakkeepors, = - qlTHAT")V WANTED-BY A "R“HCLEHK'WXT{K Y oyer cight years' experfence, and she best of ref- erenzes. Mnoaks German, Country preferred. N X3, ‘Tribune ofiice, Q"'"ATION‘ WANTED~AN EXVERT BHORTHAND WNeorrespondent and bookkeeper 0f large experience tuation {n hank or ofice; excelient city ref« adrom M 33, Tribupe, Miscellancons. Sl'fl:A‘flfl.\' WASTED-AY AN EXPERIENCED may. who I¢ williog snd snxious to work for & few weeks very cheapy best of reference. Call or address F_M C, 154 Biate-st, -« =S _SITUATIONS WANTED- Donlmll&?l % 53 1TU, ON N’ )] CIT! S T Romtaark o = ety v:v'}fln eood wagess ceneral housewark fis would iiKke to gu In Ava nr alx weeks. For references please direct 10 M1, . 5. COOK, Whitewater, Wis. _ SIIUATION wA¥ 1Y A YOUNG GRRMAN glel in au Anmieric n family 100 gencral honsework. Pleaso call at or sddres &, V., 147 1)lioofs-st, Scamstrosses. > STUATION WANTEN-IY A DRRESSMARER 13¥ famites; gndersiands cuufog and iiing terma ieawnable. | Pieass oddrem DRESSMAKER, 114 rehcr-av. Bouscxecperss w 2 changed, Xddrem orcall wrouies, W M. O, DE FURT, 131 bouth Desrborn: HMiscollnneouss QUIUATION WANTKD~BY A LAY ASCOPYIST. cletk, oF housekdeper, or any nily can’ it Wi, itfon which an 1o+ teliigent, Indunrrions Ialy Addres M, 237 Greenbush-sl., Milwaukee LI 00, 81,000 DOWN, BALANCE 4 perceat, & veirs, ot £3x1u5. south front.on Madl- aon.. between Lincoin 10 Hoybe. clesr. . This tacrr- tainiy & bargain: ounbitto sell at once, 3 Framed store, 10 rooms over, log 2x13n, sooth front; Lake-st.. between Malsted and Unioni freo an el 8350 each-—Threu Jote, 2 & clear, and ronted weil. e 100 esch, south froat, on Taylor-st., d Waod. ecn {n¢oln an: 00— A Ruod 10)-room framed dwelliog, §ood barn, on Jeased lot, €0V per yesr; rcats for $20 yer month; Bonss eost §2, #0): on Fullon: 50~ 13-r00m framad house, aud lot 60X123, 100 fess west of Kiewart-ay..on Fifticth-st. Ri.co0— i3 ruom (woustary and basement brick dwell- ll'l ;fl{lv.lx.“‘ll;lxgik fx"»‘razmfll‘ on Usrpenter-si., boe wee 0 s 5. T, 1, BOY D), ttoom 7, 179 Medison-st. ORBALE=815 PEi POOT, 2008170 FRKT, 500711 ! cass cornerof Wabash-av. and Hixtieih'st, This 12 sell at this price. T. i, JOTD, Roous COUNTRY RNEAL ESTAT! BALE=81L.an—1-ACIHE DIFIOVED FARM, et from Winemse, #0 miles from Chicaxo, in new frame dwelilng, bama. orchs: 4 head uf cattic, 10 hugs, reaper, plows, all the d corn, In fact everyinlng foe farmiog, I rick baok buflding and Tot In one of the lowa. {n centre of Ktate; only bank la vaults, etc. now dalng & business plendid clance fors i o wa '::MI 1ll-hesith causo of YoF S dcpmsits o P TREVIY! oo 7. 179 Madison-st. _HOURES. r. tere of $airy yer vea young man lookin, Lie®, X o o PO BENT-813 W ldo. Eli MUNTL~G0O0D 6:RO03 COT- {age on flermitagear,, fist nowth of Ve Duren- 1. WOY D, Roum 7,171 Madison: st.car. T, B, ___..TO RENT-ROOMS, = Houth Mae. /[0 RENT=TWO H00s% NICELY AND COM- [0ttty rarotuiiod fot fieht. iensokeqpings ratet wucey oxcliangerl, _Callat it Chirty-seventl. Ofircos. RENT~-ELEGANY OFFICE UNDER TER- curicy 1.aKe and Dearoorn-sts., 39 Dears Jorc. Nok. 14 aod 70 Wavssa'ar, Wil M. cclinuoouss LUFT= iCzhw, 118 AND 113 r Madison. Inguiro uf H. H. Y. __TO EXCIIANGE, _ EXCHAN! FINST-CLASS LIVKRY-BAILN, dweliing hou nd fmuml.wu horyex carriaged 4, sicizhia, and all the stock completu fur runulbg stuesa 1 good country towa 1 1ilnals, for & arta In 1Hinate, (0wa. (caisss. or Misourl, Trice. Sl 12 b, BOYD, Tthons 7, 170 Sadison-wb, - "l CHANUE--ACTE FARMTT ML 0 i i sod 4sroum dwelling, i, In Cotes Conniy, A1, ko ool bard, Lrenards. fouces,und water (a1 civar)s want of firniture F paIF of hurses agd carriages orice, By thia I edld plare 02 ludi Bver mers cen toon: Madixon G AND LODGING, North 5ido, O A3Ruth i thotn, TS0 f plang sud bath; day board, &3 T, ~FIRST-CLASY® week, with i weckly boardy CORNEIL ™ WADASH-AV. AND adisoil-at, — 'ermanent board at very low raies, board $3. _Come ana ATE-ST. BIUNT ice, comfurizole K1 ranalent, ) A DVANCES MADIE ON_ DIAMOS s, WA AR AR A PRk m SLLAUN privaie o dolph-st,, near Clark, Kooue S aud i, fatal TASIL PAID FOR OLD GOLD wat:zhes. dlanoni )1 (FABI VAT q CARINATE e R, TOAN AT PERCE nalicr sutas 1 per cont, J. DAN OX IMPHOVE] VIO T wite "y ot Union Fruds Con TY 0 € &t citreot ealed RO PO Lassox ining- 1,605, $1, 2l 6: Sloney in baud T 'I'.\nuifi':: BUALL BIOWS NOUSE: OWNER R T YT PR A gy Ayt o Ariuliazn 10Ad: o o of Sinwanie Lol own uf Jo K N Noutq LSS Buttun T Leate & Aribunc uttce and. TONAT. A GRAL ' e-0N R ok Yt w led L5 e rcah bave by caliion b 34+ houlli Cltoa-sL, provitis property, ayliiccharges, 'r" tF W ARD=LOST, ON VDAY N0 N black Newfouudiand du, :"1,"11'{!.;".'.'..,."‘..'?’}’ hox < Finder reiur s o355 o :‘I'ULH‘ \¥BLY ean b sccome W, RIMBALL. at and Adads” A CHUICHT.OT OF THK CELERKATED HALLET DAY FiiAnns < UW. W RIIUALL, Corner W Pl D OROANS FEWE UF Flla LASS ,U\K”- ut Uetle usad. wovizsnsw, wiil M"'M)f" moatlly Paymanis, If peg , IMIALL, wodated. LA COMPLET! B A AL N TR Y ik B LA, T % willee s CAST QUY CLOTMING, . . 3 J UAST-OFF CLOTIHES BY 8ENDL. o letler tod. GRLDLR, 850 otate-sf. OF, Tumiply sitnded to. . + WV ASTED=A UKDIVM.SIZESAVE. ADD WiTTRlG gtue stessave. avh