Chicago Daily Tribune Newspaper, February 16, 1880, Page 7

OVER-SUNDAY. Blaine’s Friends Decide to Begin an Aggressive Movement. «'- Organize an Active Work- as g Club in Wash- ington. ‘ Determination of the House Dem- ocrats to Steal Another . Seat. _————— Interesting Budget of Foreign and Domestic News Items, RAINE CLUB. Apeetat Dispatch ta The Chteaga Tribune, Wasitrxatox, Feb. -t4.—This evening 9 prilllantly-lighted transparency with — the words “The National Blaine Club” Ingeribed thereon was displayed from the first story of the Hooe Building, 9 large fron structure onF street, a few doors enst of the Ebbltt House. ‘The spectacle nttracted ncrowd, and throughout tho evening the two spacious rooms of the Club were visited by larga nuybers of persons, “ What does all this nvan?? asked one of the callers “of his companion, ‘It- means that Blaine has begun his fight for the Republican nomination for President. I wnderstand that thero will be x Blaine Club In nearly every large town in tho United States within the next fortnight.” There were a dozen gentlemen on duty at the club-rooms, which consist of two spacious « apartments opening Into each other, Ex- Sergvant-at-Arms French, of tho Senate, ap- peared to be one of THR MASTER SPINITS, The club-rooms were still In disorder when the writer called at tho Club, The gentleman Incharze, In reply to sundry questions, sab thot things were Inn little confusion yet, but by Monday next the Club would be In good working order, “Dovs Mr, Blaine know of the formation of your Club?” . “Certainly, He knows all about ity’ an- awered the manager, ‘Then, suddenly cheek- ing himself, added, “Ie hag nothing to do with ft.” “What is tho principal object of your Club?” 4 “To make James G, Blaine President.” “ How do you propose to do it?” “By working hard for him, We shall do allinour power to advance his interests, We will put ourselves in connection with all the Blaine Clubs In the couatry, so that wa may pull harmoniously together.” Upon oncof the desks was a lurge sub- aription book, but it was yet too early to expect many contributions to the enuse, It was noticeable this evening that Mr. Blalne’s frlends were MORE’PRONOUNCED TITAN USUAT. in thelr. advocacy of thelr favorit. Thoro yyas also much more Presidential talk In tho hotel lobbies and othor public places than has yet been heard, dtis expected that the Grant and Sherman men will next form clubs. Tho Ineation of the rooms chosen for the Blaine Club is al- most a deflance to Senator Matt Carpenter, whose roomgare adjacent. Curpenter.is sail to have promised the State of Wisconain for Grant. Tho Binine men do not intend thatho shall keep his promise. Mr. Frye and others who are active on Blaine's behalf express the opinion that the movement. WILL NOW I GENERAL ay 38 . throughout the West in behalf of thelr can- didate, and that the manifestations of: enthu- slasm for Blaine will prevent tho success of rant at the various Western State Conven- tons, A talk with the Blaine amanagers slows that they have great hopes, ‘The recent aera per canvasses In Michigan, Indiana, ‘and Winols were referred to as strikin; Indications of the growing strength 0 thelr eandiiate, Ils friends salt, too, that Blaine’s strength In the East ts rapldly developing. Itis the purpose. to have tho Uelegation to Chicago from Maine one of usual strength. The Blaine men expect secure New Hampshire, although that tate may not be instructed. They also hope to get Vermont after a complimentary vote for Edmunds, unless the Intter should de- Yelop yreat strength elsewhere. As to Now ork, there fs a report that Blaine and Sher- nian Wil unite thelr strength to prevent the Convention from adopting a resolution of in- atructions for Grant, i THE OFFICERS, ‘The Blaine’ Club organized by the election of the followingoflleers: President, the Hon, Iliram Price, “Towa, Vice-Presidents, the ons, J. C. Burroughs, Michlenn; iW Blair, New Hampshire: Willan ‘Brown, Kentucky; Newton Booth, Californing & A. Iluribut, MHnols; John Lynch, Missiysippl; Jere M. Wilson, Indfanny Gen, Jolin Hi Ketcham, New York; Charles GQ. Willinms, Wisconsin; RC, MeCormick, Arizonns C. 3, Parvls, Dintrlet of Columbia; D, C.-Inakell, sas; Johu J, Mitvhell, Ponnsylvanla; Thomas M. Browne, Indiana; 0, B, dine, Virginians, “‘T. TL.’ Brents,: Washing: ton ‘Territory; D. J. Rankin, District of Cotmmblas Ws A, Landernllls Maryland; James B.’ Wilson, Iowa, Seerctary; “J.B: artlett, Mussachusetts. ‘The ioltowlng fre the Exeeutlye Commit- teo: ‘Tho Hon, Tram Price, W, E. Chandler, pol te Rice, John I. Freneh, and J, W. There was CONSIDERADLE ENTITUSTASH manifested, and a number of spucches were hunde. Among tha spenkers were the Hon, Miram Price, Gen, Hurlbut, Charles G, Will- uns of Wisconsin, the Hon, WoL Calkins of Tndlana, the Hon, ?. M. Browne of Tndi- oe ie Hont. B, Reed of Matne, Mr. Wardy of Mississippi, and Afr, Bryant of Gvorgia, ate hotlevably speeches” were thoso of Brown of | Kentucky ond) Bryant of eoruin, Brown confessed. that — the South might not be able to. carry 9 sluale Elcetoral yote, but” it would nye power In the nominating Convention. ls extolled the name of Grant, but, warned the Club that Shormuan was getting the entire Hoanluery of the Custom-louse and Internal tevenne Service into position, Me would, owever, “AS BOON VOTE FOR AN ICEDERG or Prosident as forSherman. ‘Tis shotwas Brevtea With applause, Grant wasone of the creates. soldiers In history, but to bu a great Ee ier was not to be n great statesman, Ine mente two qualities aro rarely found-to- - Dr, Purvis, colored, of the District, wanted i Sea Blaine elected, bocanse he wished to id an ent to “this nightmare which the Present Adhnintstration has brought Upon the . inte Ho suid slavery was dead, but {ta ele Stil lives, When Grant was olvcted fesllent the first tine, every Southern the Republican pee was inthe hands of i when ho went out af allies avery one o: iy et Uh aR UP ede Ge y 8 tho kind of a frien Grant was to tho South. , Re NUAINR WAN GREATER THAN GRANT $8 a statesman, he yas ruc, 1 Sud asa friend of the South purdy confessed to having been o Gupetbugeer In Mississ{ppl, DUE he lett hartge It got too hot for him, Ilo the ret {n Washington since. He uttacked: mele yorthern Republicans, whom he char- thee gett as cowardly, in not standing up for ory ven uthern brethren when the latter were Air. Bryant took { . ssue with Mr, Hard, path as fo the Importance of tha South tn the Noneudon ondusto the culpabiiity-of the elect hern Ropublicans, As the South cannot dicta Elector, it should not attempt to ‘tale terms. What tha South wanted wus to OOD, URAVE NORTHURN REPUBLJQANS ; f°, South und enlighten the people, Pi ee Some ong asked If Ut woul bo safo to Would poets ‘The speaker replied that it Hepubiie 83 safe for Northern as for Suuther te Tho ns whereat there was sone laugh ae meotlng then adjourned uutll next Baturday evening, These meotings will be held repularly each week until the Chicago Convention meets, —_ MTP, CAROL, TL. Spectat Japatch to The CAteaga Tribune, . Mr. Cannons, Il, Feb, 4.—A Washburne Inceting was called here, but no club wns formed, There i: orene r Blaine. ig & strong preference fui WASHBURN=DONNELLY. Bpectat Dispatch to The Chleago Trtbune, Wasuinatoy, D. ©, Feb. 4.—The Sub- Comittice of the House Elections Committee inet to-day, and the innjority formally an- nounced thelr deciston to unseat Representa- liva Washturn, of Minnesota, and to seat Ignatius Donnelly, In the manter already outlined in thesedispatehes. It remalns only for tho whole Elections Committee to approve this action of Its Sub-Conmnittee, and forthe TIouse to Indorse its netion, to complete the outrage upon the State of Minnesota, 'Thore is ttle probability that the Sub-Committee would have ever come to the conclusion It has hud there not been assurance that the Democratic majority of the entire Committee would concur {0 its report. That the Com- mittee will, therefore, vote to UNSEAT, WASHBURN seems certains but, for polltteal reasons; it may possibly be decided to withhold report Ing the cnsu to the Hotse untill after the Pres- ldentlal election, ‘The Committes may also decline to print any report npon tho subject which could be used against them by an ont- raged State, Itia probable, however, that there will bow majority and a minority re- port mate to the House, Tho minority re- port will probably be written by Gen, Kelfer, and will bo on Interesting document. Tho Sub-Committee have (taken the “xround thing bribery on the partof Washburn and his agents has been proven, But, thus far, only ten votes are shown to have been obtalned by THE EMPLOYMENT OF MONEY. In one county, whers Washburn had a inajority of 421, 2,282 votes are to be thrown ont, beeanse the ballots were numbered. In Minnenpolls some 1,700 votes are to be thrown out because of Irregularity in making a ean yass of the returns in sume of the preciicts. The objection to counting the returns for Washbtrn ts, that they wero signed by two Justicesof the Pence and o Probate Judge, instead of by three Justices of the Ponce, A member of Sub-Commitice sald to-night that he believed the Conunittes would not hesitate to consummate tho out- rago nnd seat Dounelly in the face of a clear inajority for Washburn of 3,012. “But,” he adds, © the minority willbe able to pre- sent sonie interesting reading for the public when Its report is ready to be presented,” GREAL BRETAIN, Tavenroot, Feb, t4—The London corre apondent of tha Courter snys: “ Assuranes is given me that tho statement of the inten- tlon of tho Baroness Burdett-Coutts to de- vote £500,000 ta the amelioration of the dis- tress in Ireland fs true.* Contradictions have been made In most of the London daily pa- pers, but the fact is Incontrovertible, ‘he money will ba Invested in tho purchase of landin the District of Connemara, County Galway, to be afterwards let to small ten- ants at long leases and moderate rents. A comuittee of Irish gentlemen Interested in agricutture fs associated In the scheme.’ SEED, Lonpon; Feb, 144—When tho motion was made to go into Committee on the Seed-Po- tato bill, Nr. Nolan moyed that the Comiit- tee have power to extend Its provisions to other seed besliles potatoes, Agreed to. KOUTIIWARIC ELECTION, Tho election ub Southwark for member of Pariiunent resulted: Edward Clarke (Con- aurgative)s a Andrey Dam (Liberal), ; GS: George Shipton (Worklagui’s rop- resentative), 7m, i n THE ONELISKS, Speetat Cable, Carino, Feb. 14.—The recent discoveries made beneath the ‘obelisk destined for the United States have stimulated beyond. all preevdent the interest taken In those monu- ments that remain, ‘Tho Khedive lias In- structel M. Bey, the famous French Egyptologist, to resume his work of Suvestigntion under — the obelisks of Luxor and of Kanark, which are expected to yleld: archwologicn! curiosities fully as_rarons those that have yet come to Nght. The Khedive is to have a great popu- lar reception on his return, He js dally gaining favor with Ils “subjects. Ils pronipt resentinent of the Insults offered by King John was a stroke of unexpected policy, Ils Ministers are falrly well liked, ‘The budget that has just been published ts far more reasonable than those which pre- ceeded it, The peasants have been retleved of odious taxes. ‘The expenses of collection have been ghtened, and everything gives promise of & prosperous relgn for the young: tonnrel: who cama into power go In- auspiciously. 2 THE CANAL SCIEME, Speclal Cable, Coron, Feb. 14.—~The engineers employed by M. Ferdinand de Lesseps In the task of surveying the sits of the pro- posed canal, and of estimating tho probable cost of It, have to-day Issued their report, They unanimously favor a level canal, ‘They: estimate the cost at 845,000,000 francs, M. Do Lesseps will now publist nv elreular, ig: Amerionn sib seriptions to the valuecof linlf that aniount, The work {3 to veeupy eight years In the ace complishment. - ‘Che tolls aré enlculated at 15 francs per ton, TIE WEEK, Speelat Cable, Lonnon, Feb, 14.—It ia generally bellaved that the Government contemplates assuming 8 protectorats over Persia, aud effecting with her the Jolut ovcupation of Herat, ‘The qual- ifled denials of Lord Beaconsfield strengthen tho conviction, ‘Tha Ministers In both Houses: decline to say that the possession of Herat is notincluded tu the arrangement, Continental journnls confidently aflinm that the ternigofa treaty between England sud Persia are substantially arranged. They amount to an offensive and defensive alllanee, ‘ha Russlan bugbear iy made to do duty once nore ad a pretext for these fresh entangling engagements and enormous reaponstbilities, Tho Liberal leaders aro undotormined what Ine to adopt, bit sober men of yoth partics, aro alarmed nt these wdditional Dnperial bur- dens, and conslder tho project tha most se- rlous news since the ‘Turkish conven: tlon, ft boing perfectly enalculated: to Ine flame tha Jhigo.. spirit, captivate the masses, provoke Russian xusceptbilities, Ine crease the diMeulty of withdrawing from Af. ghanistan, and pledge England fon policy of porpetual aggression In Central Asis, No- houly tn Parliament thinks it worth while to denounce the flagrant_imuorality of trans. ferrlng Herat, where Pugiand lias absolutely no rigits to Persla, who hittes the Horatese, ande{s hated in turn by them, Evidently Parilument.and, the country will refuse an opportunity to ‘express an opluion tll the treaty fs accomplished. Lord Beaconstleld, having niirmed on ‘Tuesday that there Is no foundation whatever for the statemont, now adinits Uiat negotiations are proceeding, . ENGLISH ELECTIONS, * Thé Tory yuccess In Southwark occurs opportunely strengthening as it does the Governments hands for further aggressions, ‘The Tory victory was wuticipated, since the Liberals persisted In running two eandidate but they ure chugrined ut Juding. thal the Tory 1s chosen by o clear major ty over both, "fhe joy over the election to-«lay at the Tory clus exceeds the: jubilation over the Liverpool victory,and ls per! ently Juusttfted Anecmlnent Liberal says that if Liverpool was o disappointment Southwark ts a dis- grace, Govormnent oficlals already hint at pan immediate dissolution, saying that there’ is proof abundant hat. the sodministration can now carry the country, eapecially with the help of more “gun. powder and glory? business in Asia, The Iboral yictory at Barnstuble on Thursday is hardly notlced, tho place belng a com- paratively inslanitican borough. ‘The Vorles, confidently expected to win- by local tudluences ~ he support, of the publicuns, ‘Tho worldngmen’s dlysen- slons andthe personal Inferlority of the Liberal candidates contributed to the disas- tor at Southwark; but tho most enuttous of the advauced Liberals are disposed to adinle .Phia would be largely offsot THE CHICAGO TRIBUNE: MONDAY, fEBRUARY 16, 1880, the country isimomentarily Intoxicated by the giltterings of Lord Beaconsficld’s surcess, and admit that If there were a dissolution naw a Tory mnfority would be returner, Thoy belleve that the Ministers are constl- erlng the expediency of dissolving Darlin ment before Introducing the budget. a TAX ON KNOWLEDGE. Forts Bil Should Pans. . Spectul Dispatch to The Chtcage Tribune, Conmmus, 0, Feb. 14.—The following Joint resolution was offered {n the Senate to- day by Mr, Harpers Wrnittsr, A combination has’ been entered Into und exists among tho paper-manufactur- era of tho country whereby tho price of prift- paper has recently been ‘advai Y komo 40 por cant without any just reason therefor; theres fore, bo Resolved, Ry the Goneral Assembly of the State of Ohio, that our Senntors in Congress he ine atriicted and our Representatives requested ta voto tn favor of the passage of tho “bill now pomune in Congress to remoya the duty Whar per inported Into this country to be used [a printing beoks, perlodicus, and newspapers. ‘The resolution was Intd on tho’ table and ordered printed. The great tnterest shown {nthe matter has attracted the attention of the General Assembly, and the pressure be- Ing brought to bear by the newspapers and publlshing-houses is so great that {tts prob- abe the Bett will be brought up an early day and passed, A TYRANNICAL AND ARHITHARY MONOPOLY, Dea Moines Reotater, Thoro aro three bills before Congress rolative to tho reduetion of the tarlit on printing-paper. The Fort. bil pravi that sodneash, nt fins portant chemical used in the manufacture of. paper, and now paying nv duty’ of $40 por ton, shall bo admitted duty free, ind certain other articles employed in papersmaking. Avother ‘DILL proposed to put unsized white paper, atch ns fa used in Pewnpor ollhaes, on the free list; the other would reduce the duty from 20 per cent ta Spervent, ‘The paper-manufacturers will make: Oxtrong effort to defeat those monsurea on the plea thut the Increase on pnper is only a part of he general boot In prices. “Tut the fact Is that tho paper Increuge Js lurgely disproportionate to the general upward tendeney of othor urtictes, aud too manifestly the result. of the tyrannical tad arbitrary power of 1 monopoly taallow the people Interested to be hoodwinked by nny Buch thin pretext. The paper combination tins de- elared that it would force paper up to 12 cents a pound before the lst of May, making anadvance of 10 pur cent iy clght months, Is this good ‘tines, or Is It monopoly? - IIQU PIUICES AND PUNLISHERS. « Flint (Mich) Democrat. The riso (n prices hus atfected the printing and publishing business not a littl. In faut the pe- cullar nature of tho HoWwapu pur business, und to n leagor extent, fav Job-print! ng industry, makes the ineronsed price of ull kinds of atock more disustrously felt among printers than others, Take for Instanco the ense of aturge elty dually, Its #ubseriptions ure well known ond’ cannot easily and) immediately be. raised. Nothing enuges n subscriber to grumble more thin to have the prico of his paper raised. He will atand any amount of udvance on the urticies of dally use nnd necessuries of life without complaining, more readily than he will submit to the payment oC a higher subscription; yot x publisher can ns il afford to sell the per four which he Ate 100 percent more, for the same low price eatublished atime of low prices, ua cau a grocer or 1 vlothier. But although thoy cannot uffort to do it, hardly one prper inn bundred has raved its subseription and advertising rates sinee nows- piper went up. price over 9 per cent, making paper worth one cont m sheet four months ae vost two cents now, All this comes out of the pockets of the publishers ayn rile. NEWSPAPER-POSTAGE. Claginaatt Gazette, ‘The Imitation of the free carrying of weekly newspapers in the mulls to the eountles tb which thoy ure printed his no principle of faire ness or justice, The malls belong ta the whole poonle, No principle restricts theh free carry ng Of hitelliyence by counties. If tho intontlon was to give aspeelal bonevolunc’ to pupors of sortnty rculution, then we remark tint Con- gress has no power tomuko such disoriminis Yon, and-that It In unjust, and puts the county Pupers on the kealo of menidlenney. ‘This dis- ertinination, together with the very oppre sive requirement of prepayment by tho publishers, wis onnoted nt it timo when our grent states- men werd sore becnse of the cengures of tho Jentling journits on Congress for ralsing its pay, and for the buick pos. tt was dono in ni lirae degree from spitd, “Tf the leading journals bad been ws sinull-souled aa those Congresainen they: could have taken satisfaction, but they wero not. ‘The prepayment has been very oppressive, and thoru Is no resson for the requlremont save aml mutter ofconvenlonce. Tho dserimlnus tlon tn free carrying is unjust, and the freedoin should be extended to all, or all should be plueed, on equulity in the other way, WHAT A JOURNAL BAYS THAT 18 SURNOUNDED DY PAPER-MIALS, Soringhell (Slasa.) Republican. Whether tho risu in buper will go higher ta portly a tarlf question. mie of the Western papers deseribe it as already reaching 60 per vent, which ly an exaggeration, It hus alroadly sono Bo fur, however, 18 to put a stop to tha ox- ortntion of Amoricun papers, and further, wo elluve, than cin be sustained aa the nomlual price of paper, The puper manufacture now rete ita rage and chloride of thie free of duty, tig proposed to bring In tha carbonate of soda, now tuxed 2) per cent, free of duty, and to re- duce tho tarlif on paper, which is now 35 per cont for writing, 00 for slzed printing, nnd 25 for: unalzed or naws paper, to 16 per cent for writing: und f per cent for both graded of pein Con- gressmiun Buckner, of Missuucl, has introduced 8 DIL making these changed in regard to piper, which hug been referred to the Committes o} Ways and Moung; and wo belleve that Mr. Fort, of Dinois, has a bill placing soda-nsh on the free Hat, which would bow great advantage to glass and otber manufactures beside paper, ‘The paper interest, which hus Iu principal seat Jn American in the Connecticut Valley, Is rendy, ye bellove, to necept a material reduction of tho tari? on the «manufactured preluct, 1f sodn> ash wore adinittod free of duty. tho mw inate rinis woukl thon almost entirely come in free, and the weleht of tho protective system would only bo felt in tho cost of machinery and plant, by “tho superior Atorican nequulntunce with the ccanomia ap. plication af nituril forces to skilled processes. Perhaps from 25 to 6 per cont would bev too sudden drop, although no groater than that from 20 percent to 0 in tho cuse of the carbonnte, Tut, with the carbonate on tho freo list, tho puper-manufacturing Interest should certainly: consider fteclf able to go it tone with dutios one-third tha oxleting ratos. A GOOD REPLY AND PROPER NRASON FOR NE YEAL OF THE DUTY, ; Chileaga Fournal, “Tho Chleago Journal, « strong Protoctive or gin, ty bitin a tender place by tho advano In the price of print-paper, Qur Chicago contem- by louking n little into the offect of tha tion polloy, wil perceive that high-taritt Protection naturally engenders *monopoltzing and igppresiye Canela pera a weit ay awinish policy o} -sucking, over thus." —Loulanlle Courter-Journat, Thero is no principle in political coonomy of the wisdom or dondness of whieh tho Journal is nore fully convinced than that of a reugonnible tariff on tmports for the protection of Amert+ cin manufactures, But thore ts a differonce bo- tween 4 reasanably protective torltt und a” bigh Anrht," whieh is fn olfcat problbitory to iimportas tion, and hence 4 tomptation to * monopolizing and oppressive oxtortion” on the part of manifacturers, Ags 8 rulo, tha manus fucttring intercets of this country have ouusrown the necosslty «of “high tarlif” protection; but thi fener polloy of a turiif of protection should, Jn our Judgmont, be tho pormunoat raly of our Gavernment,—not for tha stimulation of avarice, but for the doe velopment of our weulth-producing resounss, and tho building up ‘of a systom of industrial Hotlvity and thrift which could not bo under. mined by unduv foreign competition. But (6, 08 18 now the case with the fron and papor Interest, the, protected manufacturers shall cuinbino to oppress and‘ rob te publio by. extortionate prices, the Journal fs in fuvor of tho prompt Intervention of Congress to bring thom to senso of reason and deconoy, The mnost persistent advocates of free-trade could not go vlfvotually ussall the protective policy, hy means of argumentation or any other agency thoy might employ, na do those of our manus thelurinig intercsta thorhselves which take ad- vantage of the fostering shicld thrown frounil thom by tho Govornmoent to booome oppressors ang robbers of tho publia. TUK DUTY ON PIINTING-PAPEI—A BIOMIVICANT Atlanta (Qu,) Constitution, A friond who ts more or less Jnterested In ro- taining the present duty of 20 per cont upon printing-puper sends a mimberof journals pub- Tetwa in the interest of the yaver bade, with the request that wa look over them with a vlow of gotting at what the other sido bus to py in regurd to the question wo Lave beon discussing, It ls neudipss to say that we have taken pleasure in rouding these journuls, nor Is it necessary to add that wo have Iearnud several important facta which will be of service to us In tho ute tompt to bring ubout the removal of a duty which nt present amounts to an extortion upon nipshers and tha putlle. Tn looking over the Jintants inquestion, we Hind that aur Crlend haw on thougntful enough to mark and liburally underscore auch statements as, In bis opiniott, lave a bearing upon the discussion. We havo net coniined wurielyes to thosu, howover, but huyo dipped about through tho publications In a cusial, but by no means carelvss numner, ‘The very tirst paragraph wo encountered on opening ona of those Journals embudics a stalo- mont Li the effet thit Canadian papormakers nro taking udvantaze of tho high prices in the Statea to place tholy wares in tho Anorican mary ket, Now, at first glance, this savings to be an Jusigniticant pleee of information, and yot the Tact It states showa moro completely than any more argument could do tho precise nature of tho unjust extortion to which the duty of 3) por cont compels the American public and publish> ‘ors toqubinit, A more lnportant fuct will not be elivited in tho discussion. 1¢ amounts rated to this, that tho Weatorn papormakurs’ ring hus so vahunced the price of printing papor in the Untted States that the Cunudiun wkend aro one abicd to puy the duty of 4¢ per cont, and atillsell tholr paper ty the Alnorican market ata profit. luothor words, the Amcricun papoymmakuns bave News-paper hus advanced in |’ pinced tho price of paper atsuch extortionate ‘igures that the Cunndlan mukers are able to pay a premium of 2 per cent for, tho privl- Jee of rotting tholr atocks In the United Statens and this fact iagravely set forth In an avowed organ of the Americin pnapermakerr, The ex- fstence of auch ncondition of things embodies fn Unanawernble argument in favor of tho fine mediate removal of tho duty on printing paper, which {9 at present. merely an unjust and extor- lonate tax upon publishers. We tro not yat through with the papers which our friend hi been kind enorgh to send ts; we huye discoverod other Important fncte baye Jog a materia’ bearing upon tho ali Justice and the publics but, in the menntime, we trust ho will favor ua with additional copies of those paper-trade organs. They possess n decided tit erent {ust at present, and somo of the facts they vonuilti, ng wo havo just shown, are important enough to reproduce. TUR PAPEL MONOPOLY, New Orleans Democrat, Tt appears that the paper-manufacturers throughout the country have, by concert of ac- ton, raised the price of paper over 45 per vent ubove previous rates, There in no justifention for this action whatever, as there has been no Apprectable advance in the material used In tho muinufacture, and it looke tke x bold and inex. ctmadie epee he on the part of these whe control the business tw extort money from newspapers and publishers generully. "Tho result of thia Bpecies of blackmall will be most disnatrous ta alarge number of newspapers, as the heavinat item of expense with muny Journals fs the pre perused inthelr publication. .[f the new tariit of prices (s taprevall. thorefor, not only will it eanac the suspension of very many newspapers, but it wilt alsa necessitate “an jneresse in the prices of subscription und nadver- tisementa, which will bear heavily on the pub- lie, which haa nA long been tccustomed to low pricea that an inereare will not be borne: very pationtly, In this condition of affadra it ia ft Very serintis question ns to whut tho nowspi- pera whould do to: protect themselves froma monopoly that seems bent upon destroying them by pinniaiiuedellvat palley, that will certainly nehleve the object of the paper-men unléss olf- Ret by some very Vigorous retaliatory measures. If thore aro nny manufacturers not in this ring, und who tre willing to sell at reasonable rites, thoy should make thomsclyes known at once, in order that they may receive due credit and not bo discrininated against hereafter, Thore urea nunnber of measures in the wituro of retntins Uon, that muy be udopted by tho consumers, and We strongly tirge a concert of action In this mate ter upon tho proprietors of newepupers through- out the country, It ts quite possitte that the formidable combination of producers can only be succerdfnlly-combated by a slillar orraniza- tion on tho part of the congumers, and the time muy not bo fur distant when the former will see (and not through nv glass durky elthor) the un- wisdom of thelr course. ‘The heavy and unwarranted adyanoe in prices is nothing Tore nor teas thay ntax on knowl- cdyo, and will full with greatest force upon tho peon ent lirge, wha, we funcy, will not be slow n applying the remedy, so soon us the press shall, ns it will most assuredly do, polnt it out. ‘There aecins to be no doubt us to tho abllity and purpose of tho paper-manufucturers to muin- tain this corner, and to squeeze tho newspapers us long ag the process may be profitable; und henee the Lae necessity for n combination on tho part of tho newspapers looking to tho adep- ton of defensive mensures, Rome time igo we reduced tho price of the ea Democrat from Si} to $1.0 per annum In order to place it within the reach of all the people in this and adjacent States, but ut the present price of paper the sum charged will scarcely cover the cost of the white puper used in the fifty-two copies. Loulstane, under our new and liberal Consti- tution, offers a splendid fictd for enterprise in the direction of papor-manufaeture, and we de- aire todireet the attention of capitalists to the opportunity offered for most remunerative in estienta, There is exemption from tuxation, Pundance of material aswell us of skilled and cheap labor, and the demand js Jarge and growing. Let us have paper-mills in Louisiana und tho South, and rid ourselves from depend- ney att tho Enst and West in this important matter, RAILROAD TAXATION. Views of Charles Francix Adanin, Jr.— A Keport Subniltted to Stato IRallroad Conumissioners—Only Weal Property and Gross Kecelpts Should Bo Tuxed, Naw York Tribune Feb. 3, Mr, Cinrles Francis Adains, Jr., has rendered an important public services In his latest wark onthe raflrond quostion. It Is a report, ap- parently from his pen, submitted to n Conven- and of Stato Hailrond Commissioners by a com: inittco consisting of Mr. Adams, from Mas- Kichusotis, Mr, W. B. Willams from Michigan, and Mr, J. Il, Oberly from Mltnols, on “ Tho ‘Vaxatton.of Inllronds and Rallrond Securlties."* ‘Tho suggestions of Mr, Adams in some other Papers have seemed to merit criticism. His greut Interest In this Rubjeot, however, and his thorough investiqution of It in all ita phases, quulify him to treat it in ufany respects more successfully than any -other- writer In the coun: try. The report in respect, to taxation is one of unusual merit, and ought to receive attan- tion from Legislatures in overy State. Tho Information given jn this document {s of greut yaluc, Tho Committeo has boen able to assemble and condense within tho lmits of a sinall pamphilot tho facts as to the taxation of railroada and railrond securities in Great Britain and British America, Franco, Gormany, Belgium, Holland, Austria, Hungary, Prusain, and Switz efisnd, and all the Btates of this Union, ‘The alb- stract of luws In the different Statos {4 avident!: prepnrad with cnre, and (a ns full and thorvuel ta 18 conslatent with « needful condensation. An oxamluation of thig part of tho report will cause Burprixe, even to those who have buon most fumillur with the legislation reapucting rallroads inthe different States, on. xocount of the ux- treme diversity of the mothods adopted, and the extruordinury’ folly of those ndoptod in man States, Alinost read concelvable inte of vile uation and taxation fas beun somowhere tricd, ani tho Committe says: “Thore le noone principle running through tho yarious systems deseribod, and thera ts no metho of taxation possible to be devised which ig not at this tne upplicd to rallrond property in some part of this country, So far un those now well-recognized principles which should be at tho busts of all systems of taxation are con- corned, thoy would, as a rule, seem to have boon utterly’ {gnored.” The Comiitivo evidently has not been biased y tho loc] sympathies of ita members, for tho roport oriticlées tho system enforced in Mussie chusotts more severely than that of any. other State. exvept, porbare, that of Now York; and mentions as expectally commendable only the systems of Michigan sind Wisconsin, which tho Committeo betovoa “inost intelli and in vonformity with correct principles.’ The conulislon at which the Committee ar- rived Is, that taxution should he lafd only upon real proporty, exclusive of tho right of way and the superstructure, and upon gross recotpta, and, that no taxation whatever should bo lovied upon atuck, bonds, or othor ovilencesof indebtodnoss, or upon the ‘superstructure of tho proporty; in poses of this n direet.tax upon the gross recelpta cing more rudy and correctly tevled, and more suruly collected, The roul vatuto ol.tho rullroud companies beld fur corporate ure, out- aldo nf tholr ne of way, {t {8 held, abould be locally aesessed oxnctly in the same way ua tho ren! cstnte of private persons or other corpo tlons adjoining. ‘This should be the ord ny tax on real property, noitbor morauor loss; but beyond thut a certain fixed percentage estab lished by kiw, and of fier application to all” ratlrouds within | the tute, should = be aasesacd oon * th a entire grams earnings of the corpornon, and this should In Hou of ull forms of taxation on what fa Known as porsonat property, The Committee would not tax, undor thia a Remo thine, the roll- Inu atovk of the corporation or Its uecuritics, directly In the hands of those owning thom, or indirectly through the corporation. Tho vntir. burdon, whatever the Stato may see fit to fim pose, should be hinposed in one fuimp on the gross recelpta, and Joviod direatly, The Cumulttes recognizes the diMloulty of bp. Portiontng a lovy on wross receipts aimony the several States through which a single raflroud may run The obvioys method which the Com- uiftloc rocoumends fy, that" whon a railroad Nea partly within and without 9 Btute thero ubull bo puld the Stato Prouaury uch proportion of the fixes imposed ns tho longth of {ts operated road within tho State Leura to the Whole lonyth thore- of” One of the groutest diitionttios, us all know, in effecting any reform whatover as to mothals of taxation’ In this country, springs from tho complex aystem of government, some sorions objestions would oxist to tho system pro- posed if it should be adopted in pome Stntos and snot In othorg adjalning; but tho importunce of tho reforin recommended is so grent that some temporary Inconventence may well bo. borne elthor by corporations or by communities (urine the porlod neveasury for tho gradual adoption o| uw bettor system inthe diferent States, The rece auncudations aro aitogetber nore practical und intelligent than any othors yet made in respect to the taxation of this class of peuperky and ought to recelvo capoclal attention from tho Logislature of this State now In seailon. — BUYING CANADIAN HORSES, Montueat, Feb, 14,—Two hundred and olght- cen horses, custing $13,520, were purchased jn this aurkot during tho week by Amorioun buys tra, aud shipped ta Bostun and Springileld, Masa, Cambridge, Dover, N. U., aud Jersy Clty, This trado bas boven steadily Jucreasing fora considurable time pust. a - Carbolic-Aci@ us a Prophylactic of Scurlot-Vovor, Indianapolls Journal, Br. 0. B, Wright, of shia vity, hua beon experl- menting with curbolle ucld as 8 prnuiiyiacs lo of sourlet-fover, and is favorably linpreased with Ita olticnny, Itgeoms to abort tho disease, In numerous cases persons in wn infected buuse. hotd who took tho acid have gvery one cscaped Infection, while all who fallod to Like it wore at tucked, In the faully of Bir, 0. L, Divine, fore- man of the Juurad composing-roum, all who took it oseaped, while the servant-yirl, who ro- fused to tuke (, [6 now down with tho diwase. Tho subjuct {4 one worthy the study of overy phyaichin, and, {f the thoory 1 established, the discovery {3 one of: tho Most iinportunt ever made in medicines The Doctor puts tive dropa of acijin w Rare of water, aud gives @ tea spoonful four or live tues a day, RAILROAD REVIEW. A Colossal Interest—One-Eighth of the Country's Wealth. : Tho New System of Management by Pool and Combination. Growth of Roads and Business—New Alliances ~Bise In Value of Stocks. Vast Debls—Inflated and Watered Stocks on Which the Public Is Made to Pay Interest. _ eH Heaton Heratd, Prior to the opening of the Frio Canal tho tranaportation of a ton of corn from Buffalo to New York coat $100, or four times the valuo of tho fretght, twice the value of the sumo quan tity of whent, and the full valuo’ of an equal quantity of beof or pork. The opening of the eanal at once reduced the price of transporta. tion to $10 per ton, and n furthor reduction was aoon made to $3 per ton. The cost of trinsport- Ingcorn and wheat on ordinary highways was hot Jens than 20 centsa ton per mile. The cost of'transportation by rall is ordinarily onc and a quurtor cents per mile, The money saved by the existing means of transportation is supposed to be divided between the producer and the ‘con- sumer, The railroad milenge of to-day ta esti- muted to transport fully 500,000,000 tons per an- num, representing & value of “$60,000,000,000, These be dig figures. At the close of this cen- tury, If our entire railroad system should bear to our whole terntory a ratio half of what now exists {n Hiinols, we will bave a miloago of 100,- OM), carrying a tonnage and value of freight of aul greater proportions. ‘THE NAILROAD INTEREST, An enormous capital has been invested In the railroads of the United States. Muking allows ance for nll “watered” stock, thoru will yet re- main an tnvestinent of more thin one-elghth of tho entirgbvealth of the country in property of this single description. Tho recent tremendous but magnificent movement made in the grand railroad board, in tho shape of consolidations or combinations has almost. startled the country outof ite propricty, in view of the fact that about two years ago rallroad property was fi 0 Precarious condition, @onsequent upon the finan- efal and industrial disorders of that period, Enorinoua sums of money have been lost In this description of property. A reference to prices and values of stocks in 1873 and 1880 [8 not with- outinterest. The gold values of forty-five load- ing stocke—taking into consideration that, in 184, curren 4 worth from #4,t0 10 cents on the dolfar—amiount to $75,000,000 ut present, quotations, and this on gold basis. The retl- rounds have recovered more thin one: if of their loss in value; but whether present prices are, to somo extent, forced or Hetitlous, time will tell. In the meantime, since 1874, the country has added largely to ite pupie Intion,—18 per cent at least; the milleuge of rull- ronds about the same, Supposing that, by 1900, the popuintion of the country: should rench 100,+ 000,000, and tho ratio of population to rallway tnfleage shull hove reached a minimus of 40 ta J, our uggregate length of Ines will be 150,000 nullea. THE NEW RAILWAY SYSTEM. We are jn the midst of n new railway’ system, ‘This new wystem really began in August, 1878, but it haa taken months ta di lop it. The bu: in tho business have ber * fecling thelr c way" and “yolng slow.” Something Ilke thirty- five riilroafis ure represented in the new sys- tem, but, if they ure not all known by the names by which they wero-once known, even two nionths ago, they are Involved in tho combinu- tion. Messrs. Vanderbilt, Scott, Gould, Jowett, and Garnett, In August, 1678, put thelr heads to- gether and voluntarily combined to check the tendency whieh forces railroads into com- tition,” The railway manugers of the thirty- ive roads greed to do this, and thot even the Grand Trunk of Canada coming Into tho arrungement, it huving @ sharcto keep it quiet, But, practically, then, as nuw, the ontire rallway sysien between the Atlantic’ Const and tho Misalasippl Htiver was under the absolute control of four men. Tho motto of these mon ha been; * Obey our rules, or you ahull have uo ‘Dusincss.”” Nut that xgreement was not kept of course. Tho ronds whieh both Gould and Van- dorbilt fatled to control have since been gobbled up by those men. Vanderbilt began by taking: the Luke Bhore and Michigan Central, the first oud of the five which he once sald was compet- ingfors business not lar enough for two. Lake Shore stock In 1877 sold as low ng 46433 in 1878, in July, at 2; and tn Februnry, 1850, ut 104, In 1870 the profits of the road were $1,411,517, with an 8 per centdividend, In 1878 tho profits were $001,214, with a dividend of I per cent, Itis obvious that Vandorbilt understood bis busi- neas whon he purchased the Lake Bhore, and fet it, with the Michigan Central, bear the Hoge oF jpard times. And bo est Bathing. y pooke! only per cent, so lon a bo could add to tho curnings of $90,000,000 of New York Oentral stock, or render Pyaltublo * $44,000,000 of Michigun Central and Cunnda Southern stock. Amony the curiusitics of Amorican rallrouding, tho history of Erie is not uninteresting. The Erie Ruilrond, utter It had been robbed right and Juft, vietiinized and rulned, was reorgunized in April, 1870. Yet still very fow persons bave any idea what tho yaluo of tho property Is,—nt least, we don't pre- fond to know. fut the earning 'powor of the rod {6 romarkable. It hus been n goose of golden eggs, as It were, ever alnce 1878, Fur ton | sours past tts agureguto earnings bave amount- ed 10 $175,000.00. although ft hikno connection wit otuer roads of ordinury gauge. | Tut, lucked, crippled, and Itotuted as it beon, 25,000,000 or muro having boen stolen from tt, ithas takon a new leuse of power, curning 4s inuch in 1879 us tho Coutral, and with its now - connections and ordinary quuge, fa now mnoving aver 1,000,000 tons of edstwurd frolght yourly, ‘The New York Centru! has drawn fully one= third of it# ournings from Its New England can- noctlon, the Hoston & Albany. The Erio now hopes to draw one-third of Its eurnings by its new Enatern connection, the Boston, Hoosae ‘Tunnel & Western route. GHOWTI OF RAILNOAD TRAFFIC, aoferonce to rullrond statistics shows that withig ton yours the inureasa in frolght trattic on thé lending lines bus been as follows: Baltl- moro & Ohio, 278 per cont; New York Central, 28 por cont;’ Michigan Contral, 243 per cont Pennsylvania, 125 per cent; Grand ‘Trunk, 1: roctt; tho Eric, about # per cent; Atluntle& reat Wostorn, 63 por cont; Luke Shore, 05 per cont. In ten yours the net earnings of the four trunk roads amounted to &5i,0u0,000, or over 100 erecent, as compured with 180. Tho annunl Terouse’ of railway lines in tho United Stutos from 1835 to 1hay wis 16.07 per cont, and the great- est annie nftcage was In 1871, when tho fnerensa was 7,670 miles. OF Inte yours tho inerenso of frvight tramMe bus been more rapid thin the In- orense of rallwny mitcage, the falling otf in tho latter boing attributable to the bid timoa, while the tide of commercial movement has, at the sams the, coursed along in on as- tonlsiing manner. NEW HAILNOAD ALLIANCES, In the carly part of 1870 now alliances indl- outed 1 complete revolution in the trinsporta- tion business, and In the firit month of Jx8d some ofthe phases that intended reonguuixition: have been developed in the shape of consolidu- ons. Auiong other things was tho prapused ex- tension of the Vanderbilt aystom (hose rouds, by tho way, ure suollur to tha New Enyland syv- tem) boyond Chicago. In Say of Inst year the Wabash route virtually secured connections with the Grand ‘Trunk of Canada, thus threatens ing the Vunderbilt systom of roads. The are raiigenient betwoun these two roads wus con: evaled, it wil be remembered, by the speech af Slr Henry W. Tyler at the xcmi-annual meeting in London, April 3, last. The Wabusb Interest now extonds frum Toledo to St, Louls and Hane nibal, and renebes front St, Loula ta Kansuecity, and into flown. It wus about this thie that Mr, Gould showed what ho could do in the way of railway abgorption, and the results of his ox- moits fn this dlrection are well known. One of the results of Gould's work Is fending tomuke St. Loulé mere a point of commerctal distribution, just as Chicago now is by tho othor rallroad combinations, It bs noticoablo, tio thal, perforce Gould's consolidutions in opposition to ho Vanderbilt: system, a xradunt chingo ts be~ fog offeoted upon the commercial satus al seve eral Atlantic cities, besides Soprasing: tho future of soveral Westera contres of trade, ‘Tho raile way pool that was organized in the intercat of weat-bound frelght hus developed tho fact that Chiougo, a8 a distributing point, bus great pros Jomleriee, It not only baniting W per cout of he freight that passes Into Wisconsin and Mins nosota, but handles threo times na tnuch of New York and Boston merchandise scent West for dis~ tribution us Ht, Louls, RIBK IN RALLNOAD PROPERTY, When, soventcen months aga, railroad, prop erty commenced to appreciate Ih value, the dfs truatful people wuld, * Thore is a ertay speculas Von In stocks.” ‘The boom struck forsibly inthe second week in July list, when tia single week VITRN shires Were dold ae AU advunee of from, 20 ta 40 per cont, 13 compared with prices In 1878, Thoso sales represented twenty leading roads, and the mongy value in that parcleulae, woek wus Pri. un average of $81.76 por shure, npilust: WVU VUT. wi AVernyO OF $59.) uly of 1878, ‘Tho rent riso in rullroad stocks of tate ls based In part upon the rapid settlement and dovelopmont In the grain, cotton, and wmiln- {ng regions, improvement ia ‘the coal business and in tho fron industries, and tho reveludions in the relations ot tho roads tw exch othor sud to tho great trunk-lines. The rallroud vonstrucs tons deebled upon in the provious month of Junu ne doubt had mnuch to do with prospective vilucs,—and the sequel shows, at the present. tine, that (his great roudjuatmient, coupled with ite consolidations, and combinutions, and changs fig puases und prospects, le and powerful foduence, Dott In fnvesunent and xpeculution. When bowls and stocks of roads amounting to wlnost €900,000,000 are in interost, itis not to be wotidered ut that there tg au anxiety to make something. ‘Thia auuia equal to one-third of tho National debt, and returis an ineome equal tu $ percent on the davestuont. Prabyhly one of the most important railroad moyenents al- ready Jucidunt alluded to, was the lousy, 4 Per shu | year ayo, of the Atlantic &Great Western, which or sovernl yenra has beon AN OUTCAST AMONG RAILROADS, although {trans through the centre and heart of Oba, and through the all region of Pennaylva- nin, and lends from 8t. Fouls ta New York nnd Hoston by its Enstern connection, tho Eric. Tho obligations of this rond at the tlie of Its lonse to. tho Erle age remnted $51,188,400, tho capital stock boing $34,000,000. By this nequiaition the Erie has @ direct connection with Chicngo and tho fnr West, In view of the oxtraurdinury growth of tho West beyond tho Missal ssippl, th Erio, Now York | Corital, Pennsylvanin, and the Kaltimora & Ohio roads have heen compelled, oa na matter of — sclf-preserva- tion, us it wert, to look ntter tholr far Western connections, tho Towa system of rons boing, an {important factor In the wholo syatem. And the solution of this problem ecems to have heon by consolidation, First. there was the Pennsylvania combination securing Impor- tant connections ac the Wost, beside cuntrolitag lines extending to St. Louls, Chiengo, Cineinnath, and Cairo, After Mr, Beott came Mr, Vanderbilt, who found It necessary to protect his New York Central and its Western connections, and he at ‘oneo act to work to control a line of his own to Chicago, beride controlling tha Iowa pool. through a large ownership in the Chicngo & Northwestern. This accomplished, Mr. Vander Dilit sells $25,000,000 of bonds of the New York Central to enable him to make slill moro cons quests, Vanderbilt's virtual cantrol of tho Iowa pool has proved a big card, the Towa ayatom of rouls, Srossing that State from east to west, and held togethor by a cast-iron agrocment. baving, for ton yeara Paty constituted a leading factor In the railroud problem. In fact, the transcon- tinental traffic growing out of the extraordinary prowsl of uintertal fiterests east of tho Rocky fountains bas puld tribute to the Jowu pool, A ONANGING OF YAGER. But great ratlroad kings aro reatiens, and the cannot afford to allow rivals to steal a mare! upon thom, even if thoy aro compelled .to “move heaven and earth, and Wall street.” Hence the Union Prelfic, Poke already pur- chased the Kansas Pacific, found an outfet "for its trafic, independent of tho ‘lowe pool, for much of {ts transcontinental frelght, th. con- nection with o purchased controlling Interest {nthe Wnbush and the St. Joseph & Western and several other eccaipe: ronda, this obtaining control of all roads crosaing Missouri, and acoure {ng a shorter line to tho Northern Atlantic sen- board, and in direct competition with the Van- derbitt interest. The hand of Gould was tn all this movement, which hos precipitated nearly all the striking changes on tho face of the Western system of railroads, and affecting alike the Pennsylvania and Bultimore & Oblo Roads, beside hastening a consolidation of tho Nash- ville, Chuttanooge & St. Lowtis and the Nashville & Louisville Railronda, tho Iatter now con- trotting some 3,500 miles of road in the South, and involving a compuratively small amount of capital, with, at tha same time, unusual advantages in competing for — through frelght. But this latter consolidation {s now confronted with a strong competition in the Iiinola Central. which hns absorbed . the Now Orleans, Bt. Louls & Chicago Road, and now has amileage of neurly 1.800 miles, traversing lowa eustwardly acroas the entire State, and down through tho entire length of Hilnols, and across ‘Tennessee and into Mississippi and through some portions of Kentucky and Louisiana; other con- solidations have beon effected during the past two months which have inthmate retations to tho Jeading consolidations, and are necessary’ to {ne sure the full fruition of the objects of the men who are Identified with thom, COMBINATIONS AND "WATER." Changes Jn the railroad system of the country have been so rapid during the past year, and expecially within tho past three months, tn- volving Immense cuplial and mugniticent dis- tances, that one bas been ulmost unable to comprehend them and thoir linportance, thelr untagonisms and tholr special interests, and their relutions and {nfluence upon the tratlic of the country, As wo bave already stated, the trunk-lineSof the United States are now con> trofted Ly less thin balf u dozen men, known ita “maguntes.” The amount of money necessary tw be eurned by tho leading roads, in order to pay the stockholders u dividend, is large; and, ag ia well known, it is necessary that a good deal of tletitfous or watered stock is compelled to curn Justus much ax honest stock in orderto sutisfy. A glance at the miles, stock, and debt of the lending roads operating over 1,500 miles, rhows a milenge of 10,705; atock, 181,201,807; debt, £217,692, ‘These iminense figures repre- sent six roads. Ten other roads whose milenze cach is leas thin 1,600 infles, but more than L0u) tiles, represent a total of 13,115 mites of rond owned, teased, and operated, Tho debts of the tent nye rouds are mugnificontly ponderous, al- most duzing one whon ho fs remindod of tens of millions. Here are A FEW SAMPLES OF COLOSSAL DEBT: Michigan Central, Canada Southorn & New York Central has a debt of $2,001,076, and the stock 1s §123,160,54. Lake Shore & Erie, $1- O08,208; St. Louls & Chattinougn, $2,013,000; Bal- timore & Oblo, &5,670, cnnsylvania, $55, 14,760; Chicago, Burlington & Quincy, $27,053,- Chicago & Northwestern, 2,708,000; Chi- Milwaukee & St. Pau), . Beside theso, thore ts tho Wabash, Central Pacific, Union Pacific, and severul other ronds whose debts ure on it tirst-clims seule, not omitting to mention the Fort Wayne & Pennsylvania, from Chicago to New York, whose dobt ‘is 1,000, and thostock beth . During tho speculative eruze tn September fast, the trinsnctions In the bonds of the leading railways amountod to §5},- 086,050, aguinst $42,927,000 in Muy nod $9,007,000 in April. Five stocks alone contributed nearly one-hnlf of the stock speculation of September, —and intich of this speculation was in “water,” without regard to the -choneos of divl- dends bein; piuld, In tho November speculation the aggregate vuluo of the transac- tlons In rallrond stocks wis S172,310,400, nbout. 42,000,000 of which was in Erle, whose capital tardy 18 represented Ly $155,000,000. It fs eati- miated that 10,000,000 would duplieute the rond, and $25,000,000 wonld cover tho value of the ac- ourities and Interests which tho rond owns in other compantes; ‘The cupital stock of the rond fg, thorefore, $90,000,000 uver the nctuat valuc of tho, hroperty—and this $00,000,000 fs an illustra. lon o! > INFLATED BTOCK, PURE AND SIMPLE, Almost $54,000,000 of the $9,000,000 capital stock of the New York Central & Hudson Hiver Ttailrond is watered,” the process having gone on gince 18, When the consolidation of these two rouds ovcurred, in 1609, their cupital stock was Increased 8 per cent, or about $45,000,000, The “ water” of the Erle and Central amounts to about - $120,000.00, and the combined capital — stock | 244,000,0,, while tho actual ecapltal 49 about $03,000,000, And it {8 tha old story, this intivtion of oapltal stock to the detritnont of consumers, which writers ott inter-State commerce have almost oxhausted in thelr efforta to attract tho atten: tion of Conyress to the subject, which necds consideration, and, possltly, regulation, by tha Federal authority, Tho Reagan Inter-State com- nerve DIE, of u Dill similar to that recommonded by Charles Franvis Adams, Jr, and providing for tho appolntinent of @ permanent Boanbot Commissioners, to have the power of oiliclal vognizunce In the form of a rallrond cominis alon, is an entoring-wedge towanl curtailing tha oxtravagances and affecting the ee comuterce of the interior of the country, while at tie simo tine ft may.provent tho PrAtori hey of railroad stock and correcting nbuses whiel are the direot und primary cause of high rates, which must bo churged and exacted in order to pay dividends,—while othor companies, oper ating upon an bonest and legitimntes capltal and affording low rates, are elthor bulldozed lito the “ring” or crushed by the ruinous rates of tholr nore formidebio rivals, : oo ’ A Glacior in Colorado, Leadville Herald. Agontloman who has during the past two year truversed the mountains In tho viclulty of Lendville, and ponotrated almost every one of the secret recesses, informed a Herald ree jarter yesterday that there ty within twenty. Ive iniles of this city one of the inust Interesting curiosities of natura—a voritablo glacier, pro- aonting all tho characteristics of tho gliclors of Switzerland, both tn magultde and motion, ite progress boing gradually down the gulch, Tho seone of this curiosity (é located In tha Blosquito range, about fifteen miles north of thd pasa, Our informant states that ho tirat diavavorod it about thros yeursuge, while outon 8 prospeeting tour, Lt was thon nearly a milo In length, and ut tho bottom of tha gulch presonted a sheer precipice of ice not leas thin 10 feet in hight, jatar in tho Keason tho plice wus visited again, when Jt was found that the grout mass of teo had molted until at its face lt was not more than ony hundred foct high, the logs from the aurface roduuing its length tonbout batt n mille, Aaiitte onrly the following year, the place wus visited, and the glavier was found to have rugiinod its bulk, abowlng that tho uecumulation of ico ond snow during the wintor was about ono-thind (ts grossbulk, The rovkwon the aldos of this line inunse winas of Ico show tho tnurks of attrition, roving buyond wll controversy thut tho ylacler ein iuotion, Indeed, the earth at tho foot of the glacier, heaved up in grout masses, shows thut itis gradually moving down Into tho valley, During tha summer 9 large stroumn of water Hows from the face of the ley ollit, Our informe ant is of tho opinion that the glacier, ny it Progrosses out of tho sun gorge In whioh it ‘Waa formed, will slowly weit ent and that it will uot'last many yours, It is aul of the wuy of ordinary travel, and the route to the acero is exoced{ngly diMcult, so that it is not Hkoly to be visited oxcept by prospectors and bunters, ro A Famously Bick, Woman “Guth” 1 Cinedanutl Bngutrer, Bomo tine ayo the ‘President “of the Touts. villo, Nashville & Great Southern Maslrond said that thore was a woman owning stock in that mulroud who had €25,000,000. J thought over the wholo range of women in this country, and fulled to drop touny with that wmaunt of ‘monyy, inquired of ofber persons, and thoy thought: tho won wot uo omyt. tut | have indersten, within a day or two, that there is really 4 woman with a fortune of that, urapproxiinute, inigoltude, though sho ts seargely known toany> body either in tinunalual or dooitlalreles. Bho is a Mra. Green, tho wife ofu former Amere Jean merchant in Ching, who is himself sald to bo worth €5,000,000, This gentiomun spends moat of his thang about tha Union Club, Now York, while bla wife rosidea with an jnvulld son at Bellows’ Falls, Vermont, Sho derivey hor fortune from a nau known as “Blubber " Robinson, who owned the hirgeat Mug of whulo-sbipa at New Hodford, Bh uw Hudford, you wil remember, a quity a modern town In Now England, bay Jw beon settled on); top years before the Ruyolutionary Wur, Tt twk the namv of Bedford, beewuw,the hind wis own by 4 Br. useell, who remembered that Russell wes the Kuuily numy of the Dukes of Bodford. This town grow rich by tho nddresa of a Quaker named Roteh, wht persinded tho Prench and British Governmenta,to fet him ship. thom whatooll ‘Ther ndost a mawnitl- eent iheling 8 for New Hodford, which Mm IRB, bud. 170 while ships, Employ ie MOAI sailors, and which tleet brought 160,000 ba reso! while oll n your. Tho min known as "Mubber" Robinson tt anid to have had a lino of while-ships painted dine in color, and had extraordinary success, both on thoren and in the employmont pf ti vipitalon shore. After tho discovery of gol in Callfornia the whallog buealness declined, and during the War of the ttebeilfon the ble New Redford Acet in tho Pacitic Ovonn wus destroyed KA one of the worthiess Rebel privateers. Mean thne ft seems that the carefully treasured wealth of * Blubber "Rablnson passed foto the hands of a daughter, educnted Into nn extraor- dinary passion for penury, and taught that thore was but ono commindment [eft to man, and that was to know the vilue of monoy. In tho City of Paris, on nu ocension, Miss Robine son ancounterod Mr, F. HL. Greon, and tholr for- tunes were joined. owe kopt hor own bepiientaly, th in the umount and the manstye mont, and Y tinderstand that Mr, Cisco, In New York, the brnker. Is her business agout and makes hor investinenta. Mr. Green micantiina hunts ont Investinents on bia own account, Mrs. Green fasnid to havo 10,000 and shares of stock jn tho Louisville organization, and | considernbly more than that in the Houston & © Texas Central Railrond. If we will suppose that those 10,000 shares orlgnally cost #40 n share, they have pate, up about $1,000,000 in the subsequent Fike of the stock. Tain not sure that I bnve the flzures correctly In my inind ns to the number of shares possessed by this woman, The hushund, Mr. Gren, is anid to havo been orirlnslly ain of fine general observution and reapoctable scholurship, but hla connection with such # well-husbanded fortune has. lao made bim ¢omething of a monomaniace on wealth, nn AME HAVERLYS TIL Proprietor und Alanager. GRAND OPERA AT POPULAR PRICES, Se, SO snnd 81.50. Orchentma and € #110 te ee Family Cire! 7 RETURN FOR ONE WEEK ONLY, and Farewell Appearancen here, commencing MONDAY EVENING, FEM, 2 OF MR. MAURICE GRAU'S GREAT FRENCH OPERA COMPANY. During this week mit produced for the hrst timetiore, Operas wl Be REPERTOIRE FOR THE WEEK, . Mondny, Fub. Zh by request, the Great Success of this Couipany, Ambroise Thomax’ Famous Opera, MIGNON. He. Paola Mari le. Vaole Marin M. Jounrd “Wilitchma ‘Solster W atin nly tine of Lecucq'’s LE PETIT DUC The litte nuke), ms Wednesday Nent-LES WiiGANDS. M. Caponl and Milu. Angele tn thy cast, ‘Thursday Night—Gnia Night—A New Opera, IT OF (M. CAPOUL. First time of lerotd's PIE AUX G) ght—LA MAILOLAINE. Eatuntay, Farewell Siatinoc, favorito Opora. Cy tirday night, a new Opes MOENERUL OF ia ‘Preaday, Fev, 24. Yednesday St Firat time here of Lecocg'n. Sunday Evening, Feb, 20 Hoste nnd opern books for eal after Thursdny, Fob, 19, HOOLEY’S THEATRE, Every Evening, Wednesday Saturday Mnatinoos, SMITH, ALLEN, NONTON, AND MARTLYS = '* Big 4 Minstrels 16—Comedinns—120 . G-End Men- * £—Musteal Mokes—4 s CHARLES ILEY WOOD, who posseasen a cultivated no Voice, junday, Feb. 2—DICKIN LINGAIUD in “La Cigale,” WWVICKER'S THEATRE. | Evory Evoning, Matinoes Wednead und Saturday, hi Hil AND Mitse Men is Santa, RANISIN In thoir forewoll appearances in Jouquin Miller's arent postieal play, Vivie Py DANITES. Supported by Mr. W. 18, BILEMIDAN na “Tho Parson,” And tho strangest dramatic onmnization in America. Speelal attention xlvon to ita acente production. WAVERLY’S THEATRE, 5 SUL HAVERLY, Proprietor and Manager, LAST WEEK OF THE GREAT SUCCESS, Cy TICH and CIAS.T, PARSLOB In Bartley Camphol{'a Fumous und Most Popular Nay : Amorivan Play, nay, Presented why PARTNER. by 34 Ir Strong, Now Appoinimenta, und tho Superb star Con BIR, with which tt achleved the GREATEST SUC+ CESS of tho Season atthe Union-xquaro Thoatry,N.Ys HERSHEY MOSIC-HALL. FUN, LAUGNTEM, AND SCIENCE COMBINED, Pror. v ILEXNOLDS, ‘The Grent Enulinh Moamortat. Comtnon day, Feb, 13, the Clorgy, Pr sity as pw ewe) Night. it Haveriy’é on und > David ednes: raed by Niversity ing the moat marvalous powor evar acu 4 ty HAMLIN THEATRE, GREAT UIT OF THE ROARING COMEDY, OUR BOARDING-HOUSE, Rocolvod with Bhonts of Laughter and Uproarions Applatian an the ooeasion of ite first presentation Inst, evening. Matiney Wednerdsy. CATARRW € RIE —— Wei De Meyer's DOR CATAR Cure. ARpoedy and Certain Antidote for Cae tarrh, Snuntes, ( in tho ¥fend, Influenza, and Bronchitts, A Cunatituétonal remedy und absolute cure, Sold by al! Druwuists, ordetlvered by DB, Dewey & Coy 4d Dey-st, No Ys, 006150 package, Pamphicts mutlog free, . Children Cry for Pitcber’s Costoria, Centaur Liniments, the world’s great Pato Molleving agents for Man and Beant, TRUS: “| #100. RUPTURE Reward. . We wilt bind oursulyus to pay to 4 charitable Instl- nyuinal Hurnts that can mA EULA HN BE eines bo rotatnod by tho buy We PARI IC the fs aussi, patented faut . 3 ARTES, BU PAUKEIL | Y eas UT Htalirate Chie I Dr, Parker, tho patentoo, hiss had twonly yours’.ox: urléneo, und Ly wlany Of the worst casos OF curing casey pine, Manufucturers of the celubratod Commons Sonay Truss, udovtod by the Governtuent us the bow _PRORONALS, Proposals for Gray Granite Entrance-Steps. OVVICH OF BUPERVIKING ANCHITECT, THEARURY DI Ty Sealed litt roe lout propoxala will bo ruc 12. on the bn day of Februnry, b anddolivaring, rendy for wottit, 8! remus, Ole. for ontrances fhe Unitad Mtates Custoin-House, wi ERO, 1}, De uccurdunes with drawings und ‘spectiicatons, cules of whieh, and uny adidunal Wfurmaiga, may « ba bed on application at thie ofticy oF thy unicg Af the Superintendent, JAS. GH it Wanuixaton, Db. 4 proprmula will be Fucu! io iho ut aliruary, ye inarbly-tlliiy, Sor Lie iinrbla mantels, at iturdwuru required leago, IM., tn forthe or the Cullod staiah’ Ou: toni House, ote. at i sh cordunce WI Inga atid specications, coples oi mA daditional inforunationy may ba thao a tle ontew or the onice of tho Bupeeiytonaus, |" bunurviaina Aremtuse: SCALES, . FAIRBANKS’ - BTANDAKD SCALES oy ALL KaNbs. FAIRBANKS, MORSE & OO. "M1118 Lake St., Chicugo, Ba careful tobuy ouly theG NO QUREL NU PAY? I _Conmult porvonalty or by malt, frog uf charye. un alt ‘chrunte, nervous, ur special discawos “Dr. de Reon is Sha unity phyalclau in vio ulty wou warrauts ‘curva oF