Chicago Daily Tribune Newspaper, December 1, 1880, Page 4

uli CHICAGO TRIBUNE WEDNESDAY, DECEMBER 1, 1880 WELVE PAGES Ohye Tribune. TERMS OF SUBSCRIPTION. VY MAIA—-IN ADVANCE—PosTAQn prkrain, Dally and Sanday, ano ye Haesany.ehurauny and wacardayy Nee vORt. oxday, and Felday, por yoni Snndagy 1 -pnye aultion, peryoar (Any over day, per yent......++; WEEKLY EDITION—Postr all Epeetmen coples rent treo. Give Tost-oMico nddrora in. full, including County and State. Remittances may bo mado oithér by draft, Oxprosy, Post-OMice order, or in roaistorad latter, ab our rinks TO CITY KULSC! URS, Datiy.dolivored, Sunday oxcented, OF conta ner weok. Dally, delivored, Sunday included, 10 cents por weok. Address HK THRONE COMPANY, Corner Stadison und Deartorn-sts., Chicagu, Ut. LOSTAG Rntered at the Posteopice at Chieao, Thy a8 Secon Class Matter. ‘arthe benont afour patrons who destro to rend sitniscontens TI TALUS through the wall, we Blyo heruwith tho transiont rate of pustagas Donertic. Fightand Twelve Pagu l’npe Bixteen Voge Papererrss or eigile Eight and Twolre Paxo Pt bixteen Hage Paver, Pep Cony. 2 conte. TRIBUNE BRANCIL OFFICES, PENIGAGO TRIBUNE tins established branch omeee forthe receipt ol subscriptions und adyartlsa= monta us follows: NEA YOIK--loous 29 Tribune Building. F.T. Mc- FADES, Mansuer. GLASGOW, Scotland—Altan's American Nowe ‘Agency, 31 Rentuld-st, : LONDON, Eng.—Awerlean Exclinngo, 40 Strand, AMUSEMED HMaverly’s Theatre. Denrtarn street, curner of Manrov. Fingacemont of Loavitt's English Oport Wurlesque Company. “Carmen.” Afternoon and eventuy. Olympte Theatre, Clark stroot, between Lake nnd Randotph. Enamnge- ment of Tony Donter's Vantowtmy Troupe. Afer= noun and cyontty, MeVieker's Theatre. Madinan atrect, between State nng Dearborn, En= engement of Sol Smith Mussotl, Edgewood Falks.” Afternoon and oventng. Hoonie: Randolph stro, gogamont of Mra. Heno's Daughter" wnd dog, * As You Like It.” ‘Thentre, n Clark and LaSalle, Ens » Aftornvan, * King pho Honeymuon.” Event Grand Opera-Honae, Ciark streot, opposit now Court-flouse.” Engazes ment of John A, Stevens, “Unknowns of, Tho River Mystery.” Afteruvon and evening. Mershey Mot Madison atroct, Loiween State and Dearborn, ‘Tho Mortimers, the Hogarduses, und the Jubltec Sings ors. .BOCIELY MEETINGS, | B'NAL STIOLOM.—Tho mombora of fila Congrenae ton aro hereby notitiod to attend the funeralot a Inte menbon iandora Goldstetny from hie lute resl= gence, Nv. TT Wabash avenue, Wednosuny, Divo. 1, ¥ »t.abnrp, - ae torclock ty me UNRCHAN HEFTER, Secretary, WEDNESDAY, DECEMBER 1, 1890, Tne Republicans’ of ‘Nebraska elected n contingent Congressman this year, ns usual. But thoy cannot have strong hopes of gettlag himaseat, There are some States entitled to additional Congressmen, such ag ‘Texns, Kansas, and Minnesota, which would not consent to have any contingencies provided for bofore thelr own. CororAno Is the youngest State, but cast more votes in tho Inte election than Dela- ware, Florida, Novada, or Rhode Istand, and only 11,000 Iqss than Vermont. .‘The Centen- nial State gave anngegunnty FHC ges, 625 in 1.1878, which has been now increased fo 53,250, It Is probable that Colarado will have an ad- ditional Congressman undor the new appor- tionment. * ‘fins late unprecedontedly dry sumner In Tiltnois has sthnulated the inquiry as to the extentand yolumo of the artesian iow, with a view of utillzing it for agricultural and other purposes. In another column of this “paper will bo found asi Interesting letter . Upon the subject, In whieh Is defingdt very i i i q H clearly the extent of the nrtestan bett in nols. ———=s=———— 5 - fn Anti-Masonle candidate for Prestdent was not elected, but he had yotes in seven States, LHnois was thobanner Anti-Masonte State, glying 150 yotes for tho Electors on tht ticket. Wisconsin came next with ut votes; then fulluwed New York wlth 7, Pennsylvania with 44, Maino with o, and Rhorle Island with 4—preelsely the number of Electors in the State, Altugethor Mr. Phelps may have reeelved 250 votes, and Jncked only 9,193,000 of u popular majority, Grex, Ganrienp fs safely home againy and his friends will -breathe caster, Dy all ne- counts, he had a terrible thae in| Washing ton. ‘The office-seekors hunted hin’ trom cellur to attle and from the eaves back to the kltchen, Gen, Gearge.A, Sheridan reports having a brief conyorsation: with the Presl- dont-elect In tho midstof his kettles and pans. He took pot-lnck with the Presldent in the trug Loulsinna style, ‘The country will not rest UNL knows whothor Shorldan got what he was after or not, To-Day at 3 o'clock the Presidential Elect- ors will meet nt tho Capitals of thelr respect- Ivo Stutes and east thelr votes for President and Vieo-Presitent. Gen, Garfield will? barring wechdent, reeelve 214 votes and Gen, Hancoek 155 votes, The vote when east will bo signed in triplicate, One copy will be doposited In the archives of tho State, an- other will be forwarded by mail to the Vice- President, and a third will be sent by special incasenger to bo dellyered inte the hands of the Secretary of State, ‘There isn fob In tho mmessenxerstlp, each person holding thut ree sponstble ofttcs bing entitled ta mileage of 2. cents each way, Which will yleld a sum quite’ sulliclent to pay the exponses of an Ina guration trip, Jupax Dirsimonn: yesterday deelded In favor of thy clty the question of the power of the Municipal Government to Impose a Heense feo on ench eur employed by the horse-raltway companies, ‘The City Connell passed an ordinance in Mareh, 1578, hnposing a leense feo ou each horse-ear, with penalties for non-complianes with the ordinance, ‘The companies refused, to take out the Iicense, and the city brought ault, Itobtatned Judgment for the penalty, and had an oxecution issued. “he compa: ules Aed-a DI, and an injunetion was Issued agulnst the collection uf the execution, ‘'o the DI in this case the elty entered a de murrer, and the case has been In court ever siuce, Judge Drummond hasat Inst notitied the partica thdt ho must sustain the demur- rer, which wins the sult for the city, ‘The ordinance passed in 1878, and went Into operation Jn April of that year; the Heensu fee was $50 per car, and the average number of cars on wit the roads may be put down at perhaps 1,000, ‘Ils decision, there fore entities the city to arrearages alnca April, 1878, aggremating perhaps $150,000, for Mcenges sunning to April, 1881, snd an aver-” age of $50,000 per year thercafter, If wo have stated the number of cars correctly, ‘hls + will prove quite an addition to tho revenues of the cliy, aud Jt is mob lisely that the ovm- ’ pantes witl contest tho matter any longer. SInco tho passage of that ordinanea the horse-ratlway travel in thls clty has Inrgely inerensed, and the earnings Pare proportionately larger, and the stock of the companies is booming, Severn! now Nnes havebecn established on various streets, And the existing contpantes have now over- come all opposition and conipetition, and hold the whole city securely, The city has avted liberally towards them, and they are donbt- Jess prepared to contribute this small Heense fce ta the Clty Treasury without any more srimace or IHisation, ————— Sexsrrive politicians who were disturbed by the silly report that Mr. Blaine was to be ignored by the new Administration will have thelr minds act nt rest by the Intest reports from Washtugton, It ts anid that Mr. Blaine has heen offered’ successtyoly the two most Honorable pinces in tho Cabinet, aud has re- fused them both, Whether this bo true or not, It is well understooit that hits wishes will be properly considered in the making 1p ofthe new Administration, A report widely elrettnted in the nowspapers Is that Mr, Blaine desires the appolutment of Mr, Frye to be Seeretary of the Navy, ind will urge the election of Eugene Male to the United States Senate, If this should be done, ft would searcely be sald that Mr. Maine's wianngers at Chicago had been forgotten by tho successful canditate We print elsewhere, from the columns ot the New York Zinica, a. dispatel from CGal- veston which confirins the statements here- tofore made uf the conspiracy of the Demo- erats to divide Texns Into three States, and thus seenre six Democratic Senators, thly division to be made under the Juiut resolue {ion for annexing ‘Texas to the Uulted States, “The conspiracy vame to the Izht only a few days since through the adulssions of Gov. Roberts, who is himself anxious to yet Into the Senate, ‘The Board for applying a grant of lund recently located for. a new Capitol wished to go ahend with thelr project, but were surprised to find him hostile to It, and, upon asking for his reasons, were bformed that a division of the State was contemplated, 'rhere are two ways iu whieh this desperate scheme to pack the Senate for years to cone may be frustrated, and the first of these 1s the support of the Republican party In that State by the Incoming Adintuistratiqn, Ac cording to the Thnes correspontent, the op- position to the Democratic party mimbers three-Ifths of the vote of that State, and if tho Republicans are recognized in patronage aud protected in thelr rights, Instenl of be- dug ienored as they have been by the. present Admiulstration, the conspiracy muy be thwarted, A seeont scheme would be to offset tha division of Texas by the division of Idaho and at the proper time of Montana atso, ‘Tho conspiracy of the Democrats is a bold one, but it ean bo met and defeated by equally bold and prompt aetic ‘Tins stock-gamblers in New York have engaged Ina struggte In which there must take place enormous lusses. ‘The nominal value of stocks and= bonds has ex- ceeded all reasonable expectations, Those Interested in enormous prices for seeurl- fies are opposed by those interested. in breaking” prices down, ‘The out come of the, struggle is dependent on the comparatlye strength of the opposing fae- tens, ‘That there will be a collapse in the market and return to netual values 1s Inevitaple; and that collapse, when it comes, will sweep Into bankruptey that faction which may prove the weaker, ‘The present wild range of prices for stocks has gone beyond the polnt of perma: nent malutenanee. Alrendy the banks and the = money-lenders ave nade advances equal to their menng. A call of Joans and an enforced settlement will wind up the most extensive season of stock gambling which the country has aver wit- nessed, ‘The abundance of money has per juitted this war of gamblers to an extent wholly unprecedented, For the thne belng, eapital lias been . withdrawn, temporarily from lveltlats operations and foeked up in Us gambllng struggle, In the ineantine the advance in the vatuation of real estate has obtalned much vigor; finprovements of realestate in citles, and expenditures fur opemny and hnproving farming lands, the In- creasy of Ilva stock, and the enlargement of the area under cultivation ts rap- idly going oon, ‘The surplus money recelyed from forelen countries in payment of exports Is fast necunulating Inthe hands of thoproducers. MUons of nioney aronow held Inthe Western country, and Jargely tn coin, to be expended when occasion demands Into pay debts, to purchase or improve land, and to be converted inte produetive property, Under this accumulating stock of money public and private enterprise is growing dally In all branches of industry, Stock gamblers may ply thelr vocation with gains or losse but these in nowlso affect the perninne: wud substantin! prospertty of the country, * eee WORK BEFORE CONGRESS, ‘Tha tnipresston seems to be very genoral In Washington that not much publig bushiess will be transacted atthe closing ‘session of the Forty-sixth Congress, whieh meets noxt Monday, Outside the passage of the regular nppropriatiun bills, and possibly some sub slily measures, the session will bo a shart ono nt Con- gress willexpire on the dth of March noxt; bul, If the rule be followed tt will ba ren- alered the shorter by a Hberal observance of the Chriatlin Sabbath Jy adjournments fron Friday evening over till: Monday, and by w hollday recess extending from the 'Thurs- day previous to. Christinas to the Tuesday following New Year's, Itis altogethor likely: that thare will not be more than fifty work- Ing days $n the appronching session, besides tho fow days at tho very last whieh will be consttmed In the usual rush of finishing up tho necessary legislation for running tho Government machine. 1t will ocour to mat- tor-of-fuct business-men thata great deal may be accomplished in fifty days, but Congress has never ucquired business habits, There WH) bo an abundance of diseusslon with small practlent results, ‘Tho tone of the dis- eussion will be determined by the humor in which the Democrats shall come to Washing. ton after their Inte defeat; but, whether It shall bo conservattye or reactionary, It will Hot bear materially upon actual tegtslation, ‘The members of Congress and the public nen tre beglnnlng to arrive at the Natlonal Cupltal, but thelr early coming rather Indl. cates & prudent purpose In getting comfort. ubly housed than an Intention of serlous ap. pllvation to work, If the term of tho present Congress shall be poriultted to Inpse without material legislatlon it will not by for tho Jack of subjects, suggestions, hubbles, and schemes that will confront the new sesslon, More than 200 bills are pending before the ouse Conmitteo of the Whole, The “ Touse calendar,” so called, whieh Includes only such measures a3 hye been reported from the committees, comprises about 150 more bill, ‘Lhe Souate calendar coutatas about 223 bills and more than a seore of resolutions, and in addition to all these thore Gro & thouaand, moro or less, of private bills, Of tho public measures that have progressed to formal consideration, the majority might be permitted to pass ont of slght without in- Jury to the Interests of the Government, aul, the failure of very many of them would re- Gulf ln a saving to tho peopl of needleds ex penditures, But a number of the pending menstires have an Import whieh dematds prompt and earnest attention from Congress, The danger ts that tho latter will be slighted, while some of the former at tenst will ab- sorb more of the public time and public inoney than they ought to recelve, One of the most obvious duties of the pres- ent session 1g to pass a Refunding bill, ‘Chis bill hasenfayed tho fictittous distinction of special order for nearly a yenr, but the House majority ling never seen ft to take it up, Tho wieasure before Congress Is known as tho Wood bitleand provid 1) for an tsatte of bonds fo the amount of $500,000,000 bearing ag per cent Interest, payable forty years from date, and redeemable at the pleasure of the Government twenty years after issue; and (2) for an fsaue of $20,000,000 of notes bearing 843 per cent Interest, redeemable after two years, and to be paid off from time to time within the ensuing ten years ata rate not excecid ing $40,000,000 perannum, ‘The bill also gives proper authority for the dlrect exchange of the outstanding bonis bearing more than dig per cent Interest for the new sceurities, In view of tho hnpend- ing maturity of the bonds benring a higher rate of Interest, {t fs charltable to attribute Congressional delay tn this matter to the dis- agreement between tho Seerctary of tho Treasury and the Ways aut Means Commit- tev ns tothe practleable rate of Interest and desirable duration of tha new bonds, If re- port be correet, Secretary Sherman hos now been persuaded to reeommend the lower rate, which wns tnsisted upon in Congress, and to adapt himself to the proposed term of duration, In sueh ease the Congresstonal inajority will have seareely any warrant for further postponement of this measure. As to the Electoral count, tt Is not proba- ble that Congress will do more thin agree upon some folut rule, subjuet to being dropped al any time, to govern the count of the Garfleld and Huneoek vote. Whether tls rule shall correspond with the oft method known as the twenty-second joint rule, which makes the objection of elther House suficten t for throwing out the vote of a State, or shall follow some such plan as is suggested Inthe Edinunds bill, cannot bo foretold with any degree of confidence, The Edmunds scheme requires the afinmative action of both Hotises fo reject the vote of any State from which there shall be but one set of returns, and the concurrence of bott Jlouses fn the count of any vote In ease of two or more returns, It Is conceded on all sides that the Hleetoral majority for Garteld ig se furge that no partisan effort will bo mide to tamper with the count, but the old ritle mny be revived as the simplest and most fainilinr methad, 4 Thore svems to baa poor prospect for tho serious consideration and determination by the present Congress of any systematic nnd permanent scheme of reform in Presidential elections, though there are sundry measures pending to that end. ~The sano Indbiference ofa partisan majority Just defeated before the people, whieh is likely to embarrass anid retard tho measures alrendy referred to, will stand Jn the way of varloys other mmensures. ‘Thera are bills for needl- ed iinprovements In the postal serv- ice, for establishing new relations between the State and United States Courts, for regwlatlig immigration, for reorganizing and diseiplining militia upon a uniform plan, fer certain fmprovements in the Ciyil Service, for exchanging tho trade dollars for legal-tender dollars, for appolating National Ruthway Commissioners and regulating inter- State transportation by rail, for the appolnt- ment of a Conmnission to investigate tho tarli question, for inproving tlie eltclancy of the navy, and for many other purposes of publfe vale and fnterest. ‘Tho short session of Congress might be made exceptionnlly useful to the people, but itis more likely to do those things which It ought not to do, and. Jeave undone those things which it ought to do, for there seems to be Httle health in it. A number of ‘other measures, involving lnrge expenditures of publle money, may commmmanutinore vigorous support at tho ape pronehing session. It looks as though suty sidles are to be popular in Congress; ut lenst: the Southern members with be vractieatly n unlit in urging the Improvement of the Mis- slssippl River, and they will be disposed to favor any other subsidy project which may reciprocally promote thelr own, Mr, Jolin Roach will probably be on chant for the reception of a inagnifieent mail subsidy.. Certain pension bills, notably tho old Mexican War bil and tho omnibus bi for tho payment of arrears In penstons, covering all possible and many impossible lnpses, will stand on oxcellent chance. Tho Northern Macltie and Texas Pacitic Raltroads umy come in for an exten- slon of thelr grants under this liberal spirit, which is promoted by good times and will be facilitated by outgoing members of Con- gress, Sill more devices for ralding the Public Treasury will bo presented, but the subjects of Natlonal policy and polltieal reforins, though they be pressing In thelr nature, will probably be permitted to goby default, IMPROVEMENT OF THE NAVY, Aconspleuous feature of tho forthcoming report of the Secretary of the Navy will be a recommendation to Congress to encourage tho building of the merchant yessels In such shove and condition as will ronder them available tor Government use and war pure poses Jn case of emergency, ‘This is a novel suggestion in this country, though the prac- theo has been a part of tho British naval sys- tem for many years, It $s based upon the theory that {t 1s not necessnry for the Amerl- can Government to malntaln an elaborate and costly nayal establishment, and that tho temptation to do so may be removed by the existence of a. largo merchant’ marine which can be converted into ships of warat any thno that naval power shall bo required, If this theory be correct, it cannot bo dened that tho Goverument must prov: 1dg some con- sideration to induce shipowners and ship bullders to suboritinate or conform thelr private intercats to the public Interests, Seeretary Thompson will suggest mail sub- } sidles as the best mens to this end. ‘This ts arecommendation which may be approved froin one view and opposed from another, ‘Thy experlence of the present Secrotary of tho Navy has tanght him that tho Amortean, Government has gained by retralning from’ compotition with other nations {1 nayal ex- periments. During a number of years a gl- gantle irlal of strength has been go- ing on between ordnance on tho one shte and ships of war on the other, It has been pretty conclusively demonstrated at Just that it Is not possible to construct fronelads that shall be eapable of resisting the terrivls force with which balla and miss silegenn be projected from great guns. A natural consequence of this conditlon Is that tho set naval battles sro things of the past. The chief use of the navy In the fut- ure will be to harass and destroy the com inerce of tha enemy, ‘This fs the mission of the privateer, and nut of the man-of-war. Pending the esporiments whieh haye led up to this convluston, the Governments of Europe have expended untold millions of money, aul tho American Govern. ment has the satisfaction of having avolded & needless waste, Naval exe periments will rontinue to go on, and tho United States may still vontinus tu save money by refusing to take part therelu, but If copacity Lor transporting troops aud syed t in pursuing or escaping an cnemy shall be the maln reaulrements of war vessels in the future, then. an avaliable merchant marine, sorvicenble for commerce and convertible am demand Into engines of war, will be the most progressive and economical plan for restor- ing tho Ainertean navy tonn efielent condi- fon, ‘The objection to the plan which Secre- tary ‘Thompson will recommend Is, that it Will open tp an opportunity, and to somo ox- tent a necessily, for mall subsidies which may bo casily abused, Certainly the suggestion is the best Justification for mall subsidies that has ever been made, It ought to make glad the hearts of tho shipbullders and the seafaring corporations, At the same time It must be admitted that the. public moneys devoted’ to subshdy purposes on this plan would be offset Inrzely by the saying of money that might otherwise be employed In the construction of war vessels which would be obsolete at smoss before they could bo completed, The bill authorizing tha saleof tho old hulks, and the elearing up of tho rubbish in tho navy-yards, has already passed tho House, and the Sveretary of tho Navy has reson to belleva that it will pass the Senate carly in the comlng session. ‘This will yield a ready naval fund for Investment int useful material, Ruder the.direetion of a board consisting of tho, Secretary and the heads of the various bureaus In his Depart- ment. This practical utilization of the ma- terial on hand, which 1s worthless to the Government fn its present shape, will serve to place the navy In a condition of security, and, supplemented by a merchant inartie that shall be adapted to war service upon emergeney, the Ameriean naval establish- ment may in a few years be put upon a basis really superior to that of the European Towers at Iniinitly tess cost, Certainty, the National practice of subsidizing ocean steam- ers for carrying the muils has never before offered go mitch Indemulty to the Govern- inent as Uils new suggestion proposes, ** LAKE STREET HORSE-RAILWAY. ‘Tho City Connell ended Monday night the long struggle of the property-owners ot Lake street to secure a strpet-rallway on that Important thoroughfare by tho almost unanimous passage of an ordinances allowing the West Sila Strect-Railway Company to lay tracks from Wabash avenue to Unton Park, and from Rockwell street to Central Park, thus practleally making a continnons Jine frou the Union Depot on the lake to the western limits, ‘This legistation will un- doubtedly bo of great value te the owners of the property along the new Mne. Meal es- tateon Lake street between tho bridge and Asliland avenue hng been dead for twenty- five years, and that between Rockwell strect,| and the Central Park has, although admirn- bly sulted for residence purposes, been a drug Int the market, on account of its inne eeaslbility. Now, however, the sainble and rentable value of all this property will ba doubled. an Mustration of the vivifylng in- fluences of a street-rallway Is seen on’ North dtate strect, where, owlng to tho now line, dozens of buildings, renting at high prices, hava been erected, : ‘The effect on property on East Lake street remnins to be seen, but judging by tho result elsewhere it will probably be beneticial. ‘The doublo track of tho railway may cause some Inconyenlence in the delivery of goods at the wholgsale houses along tho street, but that fg something which can generally bo done In the alleys at the rear. ‘Lhis fs one of the most hnportant horse- rajlway frauehises ever granted here, since Itcompletes the system on tha Sout! Side, and goes far toward finishing {tin the West Division for a tine,—so far ag the present needs of the peoplenre concerned, ‘The new. road furnishes a shorter lino to tho large population using theMilwaukee avenue cars, whieh will hereafter rim stratght down that street to Lake, Instend of being compelled to pass along CHnton to Randoluh. The vine duct Is, already built, and nothing is needed | but to lay tho tracks. ‘he people who hayo already settled In the territory west of West- ern avenue, and those who are only waiting for transportation facliities In order to secure homes there, will also be accommodated by this new tne, which by the terms of the ord nance inst be In operation by June 1 of next year, but which, in all Iikelitiood, will bo completed soon after the frost fs out of the ground, ‘The clty has also secured botter terms from the Street-Rallway Company tan It hes ever obtained before, Half of the cost of the new bridge which will soon have to bo ereeted will be borne by the Company, whieh also agrees to pay a thousand ‘dollars o year toward fits malntennnca and opera- tlon, By the agreement of tho corporn- Yon to pay at ones on stich of its cars as run on tha’ ine a license feu of $60, the city will soon receive a por tlon of the revenue to which it fs ontitled from this source without being compelled to wait for the final action of the Federal Su- premo Court on tho ordinance Imposing a Neouse fee of $50 ‘on all cars, which Judge Drummond yesterday intimated he believed tobe valid, ‘This sum, which will soon bo pald {nto tho City ‘Treasttry by the West Slde Company, will go somo ways towards cleurIng tha streets of the stuff which tho rallways sweep off of thelr tracks and Ienye piled up on either side to obstruct the thor- oughtare, ‘WILD SPECULATION AND INFLATION, It Isseven years sluco the panic of 187, and two since the resumption of specte-puy. ments, Four years of declining priees, bank: rupteles, narrowing production, falling wages, and hard times were succeeded by one year of respit, and thon by two years at progressive plenty, The resumption of specle-payiments was practically the turning nolnt, England resumed speelu-paymonts In ea, and had s pante In 1825, Our tide of prosperity is rising with such rapldity that fenra aro already uttered Jest the heads of the peopla shoult bo again turned, and the blessings of plenty bo again converted into the curso of debt, ‘Three years ago tha commerce of Now York for the period between Jan, 2 and Noy, 87 showed an exccas of $13,181,008 In exports, ‘The next yeur this was converted inte an nd. vorse balance of $52,135,781 excess of inporty, and this year this adyorse balance fins tne erensed to $117,785,003, Our trade Is ‘larger in volumo than ever before, Exports of mor- chandise from New York have increased be- tween Jan. 1 and Noy, 87 from:$314,106, 184 In 1878, to 8268,670,075 In 1880, $283,018 ,180 Inn 1878, to $419 the Inst three years we have saved our prod. uetot gold and silver for our own tse, and have hnported in addition $118,500,000, Con troller Knox, in his forthcoming report, shows that tho total aniount of money in the United States, Nattonal-bank and Government paper, and gold ond silver has mereased “from $1,055,350,610 In January, 1870, to $1,802,708,- 450 In November, 1830,—au addition of 23¢ per cont to the volume. of our currency, Still moro Interesting as showlng the grbw- Ing wealth of tho people is the fact glyen by lulu that tho amount of moucy, out of sight in the Treastiry or the banks, and conso~ quently in the hands of the people, hag Ins creased by the enormous sum of $195,374,501 slnea tho resumption of specio-payments, Paper and coln to the amount of SOs 230,717 was In use, or out of sight, at the date of resumption, and this sum had swollen Noy, 1 to $808,505,118, New York and Chivawo reper) tho extraordinary {a0t sthat, although continually recelving money, one city from Europe, the other from the East, thoy are losing it more rapid: ly. In former years the money disbursed {1 the autuinn to move tho crops returned to the finanelal centres curing the winter and apring, Now moro and more of Itatays on the ground that ylelded the crops for which it was patd, ‘The West !s become a great eurroncy sink, ag India has been the great allver sink of tho work ‘The West wns poor antl had to borrow the money to ralse and move [is crops. Jt now Is rich, aud sells Its crops—or holds them, ts the price pleases itor not, In the last twenty-three months our pockets, stuckings, and other honrd- ing places have absorbed $80,740,748 In gold, $6,104,800 In allver, and $108,419,817 In tegal- tendery and bank-notes. ‘This Incrense of currency, the abundance and cheapness of fool caused by three good harvests In suc cesston. the accumulition of capital snes the pante, the general return of confidence that has come with the economies of the Inst seven years and with the rehnbiiitation of tna wrecks of 1873, haye started a rise of prices anda renewal of specutation tat ean end, If continued, only In another erash, ‘There were panics In 1887, 1817, 1857, 1800 In Lon- don, aud fn 1873, When will the next one come? ‘The signs are to be seen that tell of its approach. Ex pansion of lonns isone, On the dny of the pane of 1873 the loans of the New York banks were 75.3 per ecnt of their capital, surplus, aud net deposits. In October, 876, they hind fallen to 65,1 per cent, Dut, at the date of tho Inst statement, In Octaber, 1850, hind risen again to 70.8 pereint. The amount Jonned to Wall street before the erash of last November was 286,548,000, [tls new $0,- 545,000, Bank clearings in New York Inst week were larger (linn those of Black Friday week, which has-been tl now tho high: water mark of the — Clearlng-House, In tive days In New York Inst week there were clearings to the amount of $1,072,690,07, . agalnst = SNe in the six days of Blick Friday week, One of the most easily recogniztble signs of the plensant road that leads from good times to panic isa repitl Increase In new enterprises wantlng to borrow capital. Since Jan. 1, 1839, not less than $705,028,074 of new securi- tus have been puton tha New York-Stock change, With two or three exceptions theso are tho securities of raltroads, - ‘Tho fofal is made tp of $323,770,730 in bonds, $29,883,800 ip preferred stock, and $351,007,505 in common stovk, Europe, which shared our Inst’ pnnie, 1s sharing our prosperity and speculations, John M. Douglas & Co., bankers, of London, in their clreular of Novy. 10, say that “new companies are asking subscriptions {i won- derful numbers, encouraged by cheap money and consuls at par.” Every issue of the London Zines notices some af these new companies, We have beforo us the prospeet- uses of the Grent Enstern Fresh-Meat Com- pany, which wants $1,500,000 for the business of Importlig meat from Amerlea In the Great Eastern; of the London Land Company, which will take $5,000,000 for operations hi London real-estate; of the Rhodes Reel Gold-Mlning Company, which would Ike $1,000,000 to dig gold in IndIa; of ahother corporation which will uso a millon or more to mine asbestos in Ituly; and so on. In France, as in England and here, invest- ment securities are at unteard-of figures, In Paris speculators have been forming com- pantes for all Kinds of chimerleal purposes, and tho banks have been helping ¢o float them, A cable dispatch states that subseriptions to M. de Lesseps’ Panama Canal scheme aro pouring in, and that shares originally allotted al 6,000 francs are now selling at 40,000, ‘hts is the South Sea bubble over again. ‘The | astonishing tolnl of $705,028,074 of new securities placed on the New York Stock Exchange is only part of the new schemes absorbing our capital, Mines, manus factures, commerce, real estate, are all souking up the lonnable capltal of the country. Prices aro rising. Cotton goes up necentapoundin a day. Raw silk advances 25 to 50 cents a pound in a week, Wheat rises on the purchises of Inwyers, sehool-tenchers, and other speculators, Some rallroad bonds have advanced 30 per cont In the last years some railroad stocks 100 por cent, eal estate hag doubled in some -parts of Chilengo und New York, Tho country is prosporous, ; Rallroad earnings have in-, creased at an unheard-of rate, ‘Tho rise In prices is not over. Teal estate, tho best railroad stocks, many commodities, with go stilt higher. Our accumulated and surplus capltal Is not exhausted yet, Test of all, there Is ns yet to be seen yery Uttle ex- teusion of credits, But st has begun, In goo times propare = for bad, It fs tho duty of rallrond corvo- rations to gathor n surplus rather than water stock and pay exaggerated dividends, Dauks should strengthon themselves, and keop a restratntug handon borrowers. Jusl- neasmen must keep the brakes down on overtrading, and manufacturers should o3- peelally- baware of overproduction, Above all, every ona should shun debt ke tha Deyll, The signs of the tlmes portend an outburst of speculation as resistlesa as tho current of Ningara, Now is tho-time, if aver, to check it, before it sweeps us into panle again, To the Eeditor of The Chicago Tribune, Citexuo, Noy, 30,—In this morning's Trine UNE you aay that 1 propose that? the Lepisine Mire at ita next session shall adopt and onact, Into a daw " a system of taxation by teensy, and ‘Unt thore fa an & imrmomntadie obstruction to the prssigo of any such bid" on uccount of tho: revenue clauses dn tho Constitudon of tho Btate. If you had taken the trouble of reality tho stigyestion bofore erlticisiig It you Would hve seun that my proposal was that the Legt Juture should create a Tax Comiisaion and it reat It to report a reformed system of taxution for tho State for tho consideration of future lawmakors. | ‘This plan, instead of involving huaty legwlution, provents it. ft is within tho powar of the people of ttnela te amend thelr Jonatitution as well as erat thole Inwe, if it “ppour destruble to do so. Lf clthor chunge woull prevent tho rants Injustice of the present system—one benuty of which te that tho State oulluets in Cook Paunty #62 on homes for every €1 on bands and stocks,—the cbango should bo dade, Yours respectfully, Ateiep Hisnor MAsON, Mr, Mason's langungo Was as follows: “If tho Tawimukors who are to meot at Bpringfeld next month wish to leylalate for tho taxpayor instoad of tho tax-cater, thoy will af east cregto a non- partisan Commission.” ‘This rather vague, und nat caleuluted to throw mich Ught ou tha constitutionnl didiculty in tho way of tho pro- ‘povod system to oxcmpt all perional proporty from tuxution and Iny tho burden en eceupas tons. Tho expression, “croate a non-partisan Commission," soarcely convoys tho Iden of an amondmont to tho orgaule liw of the Stato, a A PecuLiAR Tennessee lay provides that no drinking-suloon shall be licensed to ocoupy any polut (except In‘clties or towns) within four uiltes of an Incorporated tyatitutlon of learning, ‘Tho law {4 au incontlyo to temperange people to buitd schoo!-buuses ana hyve thes Incorporated, Hut itinakee the Hquor-dealers hostile to tha oxtunaton of the schoul-system., A week ago five sohool-bouses tn Wilkow and Davidson Countivs, sll near the turiplke, wore gut on tira by Sncondiarics, about tho sume hour, and burned to ‘tho ground, The press and public of Tonuessoo oanemn the outrage; but thoro ta evidently strong support for It among the lower uses, — Notwitustanving the unantwity of tho yoto for tho Luke Street Horso-ltuilway ordinance,—twenty-elght to four—the Aldor- mou who supported thiy measure cun bo easily divided lute two groups of about tourtecn euch, one cousfetitg of thas who vated for It on its merits, and the other of those who nlways devo merits in quything thoy can bluckmull, aud dev merits $n anything thoy osunot Thy lattor wero probably beouahs 69 aco tho yalue of this franentss to the public and the youl It would do tutho people by moana of a species of renson- ing which dvog not go on the rovorit. But, so tong ag tho voters of cortaln wards con tno to elect auch men tv represent thom, wo do not geo how (hia black mailing 1s to be escaped. Thero (4a rumor that the “whack™ which was levied thin time was about $500 npicce for those who need that sort of eye-opener to sco the nierits of an ordinance, Itian milstako to sup> posy that a cortain cliss of Aldernon sorvo thotr constituents for nothing, One-half of thom anakon very comfortnblo living ont of “thofr nuentaried positions by monns of blacks imlling citizens to pass proper and necessary measures, and by introduclig injurious schomes and charging for voting thom down, —<———_—_— Four counties tn tha Yazoo Congressional District of Misstasippi—dones, Newton, Scott, and Suith—wero sottdly Democratic at the tate vlectton. Yot thoy voted for Alcorn In 1809 and for Grant 11 1872 as follows: nO 408 Tt am iy 48 peeene ees: +O 1,008 Yazov County cat 2,612 yotes for Alcorn and for Grant, but only 165 for Garfleld, Tho sof the counties composing tho preserit chstrict in 1873 and 1840 compare as follows: ep, Dem. Rep. Dem, maj. ta). TPT Pus ORB a sess ABD. oss er eees. 47 ON see 571 ote Tho total yote In 1872 was 20,0505 in 1880, 17,020; loss In clght yerra, 3,05. Diminution of Ra- publienn Vote, 1.672; apparent incronso of Dem- ocratle yoto, 5,005, Jasus Repraru, having returned from his tour of ubservation in Irctand, {8 now tolling what ho saw and heard, Speaking at a Land Longa meoting In Nowark, N, J., te sutd: All this year Qhore bare beon only fve cases of death tit any one enn attribute to the temints, One of the niet killed was Lord Leltrim. If he had not been shot it would haye been an eteraal disgrace. fe ruined thirty -pure girts, and the her of ono of thom wont to Ireland from Chicago and shot him down lke the dog that ho was, ba pplanse.) 2 profoundly honor hin for ft, and if Umect bien tn Chileno: Twill Congratin fate thn, on belng a good shot. I hope he will Aiselowis his name, iat wo may give him a testl> montil, Mr, Froude brs eortemued that shout- ing, and t charge him with defending debaueh- ery. 1t13 thne to epenk out about this thing. “Tho Land Lengny,” Mr. Redpath added, “has given tho people new courege. Last your they were crushed, but now thoy act Ike treo meu Jy svclulty ostrucizing every one who tikes 9 farm from which 1 tenant bas been evicted the people keep such furms vacant.” —<—<—<—— ‘Tu majorities in UMnofs for tho various State offices, us well 28 for Prealdent and Viec~ President, wero is foltows: For Gartletd, Republican, For Cullown, Goyernor,, For Hamilton, Llouten rm For Dement, Secretary of State, For Swigert, Auuitor,., Bor Rutz, "Treasurer, . ¥or McCartney, Attorney-General, While several of those majorities exceed that given to Garfivll, he got more votes than any juan on his ticket, He recolved 313,716 votes, while the next highest was that for seCartnoy— viz? 318,165 votes, Gov. Culloi run lowest of ntl tho canaldatos, recelying but 314,505 votes, The persons who refused to vote for Cullen, however, did not vote for Trumbull, but either sorniched Cultom or voted for the, Greenback candidate, The amendment to tho Constitution lengthening the terms of Sheriffs and County. ‘Vrensurers was adopted by a majority of 9,283 of all tho votes ent. ————————- ‘Tine will of Prof, Watson, of the Wiscon- sin Univeralty, bas caused some unkind com- ment in tho newspapers, duo to a misunder- standing of tho facts, It gives his wife &3,000 and an annulty of $200 por your, bis mothor $150 per year, and tho remalndor of his cstato to tho National Avademy of Sclence, The Indianapolis Journal remarks on this: A man’s frst duty fs to provide for his family, Jf ho bas the meats to do so, Tho foreyomye provision for tha wife and mother of Prof, Writaon is not so remarkably Hberal as to Justify hin in giving uything to the Nutionul Academy of Setence, or any oter sclentine Institution. ‘The observation would be entirely just but for the favt that Prof, Watson's wifo and mother aro otherwise Mberally previded for, ls dlae position of his property was approved by thom; and Mrs, Watson, it tg salil, will on ber death fol- low his exumple, haying considerably moro to Jguvo than ho had. 7 re &x-Gov. Cuntin promavs to make matters livety for those members of bis own party In tho present Congress who have voted against him in ils contested-seat case. Ifo ja reported as sny- ing: Why, look nt tho retribution which baa fallen wpon tho men who have kept ime out of iny seat, “Only two huve beon reflected, and the rest have found that tholr constituents were perteotly willing thoy shonid remain nt home hereniter, Chainers, of Sats hs fs, I undoratund, to havo hig goat contested by a nogro; he, nbovonil othors, will apprecinte that situation, Tam go- ing down to Washington this winter, and f think when the time arrives f sliall have a lively recol- lection of sume people. ' ‘This adds ono mora to tha Mat of Oomocratic serlumuages to come off in the future. ———— PERSONALS, John Motson, who for many years traveled ‘with Murnuni'a cireus ag “tho livlug skeleton," committed suicide in New York recently, Bern- bardt’s visit {s beginatog to tell, “What Is homo when papa’s absent?” sings aLako County bard, Wedo not know; but in Chtengo, withaut a majolica Jue in the trant batt for folks to stumblo over, homo Ia usualty very aqulet. F “1 should think the Princess Louise would come over herongain, Sho would attract a good dent of attention In this country, now that St. Julien and 1 havo retired for tho winter.’ Maud 8, : ‘This Is yory sad. James Freeman Clarke objects ty angels with wings as anatomically absurd. Probably Mr. Clarke woutd attire his represontative angel in a yollw ulster and nigh, tollar, “Why Aro Wo Hero?” was the aubject of the St. Louly clorgyman’s sermon lust Sunday morning, ‘This is Indecd a bard question, With tho fare to Chleago dawn to a dollar It is difloult to concelve why unybody Is in St. Loula, Mr, Samuel J, Titden hag had a monument. made at tho granuit works {u Westerly, RL. 16 ja 13 feot and 4 iyehes bigh and 0 foovand 4 inehos by 7 feet and 4 Inchos in alzo ut tho onso, and made of blue granit, Fram tho four cor’ ners riso columns, on whloh rest @ cap sure mounted by a crosa. Tho namo “Tilden” ap- Peurs on one alde {n poliahed letters, Little Mabel Merton Gilding o'er tho ico unto her lover: “It Is Just tou nica," Twenty minutes later Dirdle starta for home, Dusted Is bor bustle And hor tortuluy comb, Tho Now York Vribune saya that “Ralph Waldo Eimeruon hng, filecturing, employed but one gesture, and that yory seldom, When bo utters som improssive sentence ho makes 4 grusplog gesture, us though seizing some image Inury object In front of him.” Chicago peaplo will recogulzo this movement at once, but In Unis olty it is followed by a gradua) crooking of theeclbow, Wa uno glad to gee that Kalpb has beun out with the boys in his the. A few days sinco an old ‘gentioman and wife progonted thomsulyes before a Salom Nota: ry Cor the purposs of muking @ deed to land which they hud gold, The Notary produced the requisit: blank aud asked the old gentluman bis Tune, That was written gown and tho Notary then Suquired the wife'aname., “We call hor mother,” gatd tho old man. “Hus sho no othor name?! dumanded ‘tho soribe, The oft man scratchod bis bond, thought a few minutes, and then turned to tho old womans “What was it they culled you when you waa & xal, old womuu?" Sho took her plpe from hor mouth, puekered up bor ips, and sent a stream of to~ bacoo Julou straight at tho cut, composedly re- cilutug boneath tho stove, and terscly ropliod; “Maudy."" " Yoa, you," said the old man, turne ing to the Notory, “I beliove they did use te call hor Maudy."—st, Louls epublican, = * Your futhor!sa person of full habit, ls ho not?" askud a Hoston young manof uChicugo girl tho other cvoulng as thoy wore walking homo froin the theatre, Shu was usimplo pralria Fogo, and, as sho afterwards sald, was “just a fittle' warm uuder thecotar"” at hia foratalking boldly past so many oyster cmporlums without exproasing a desire to investigate thom, but this waa Wo much, Locking calmly at the Musyard graduate ovor his race-track=fonce anid int broken voloo that, white hee! her deny 92 might ocenstonally take at glass of wing er friend, any person who Wine with ant he of wetting fall war a Hae, @ borsocthie ee Rab whom it would bu base flattery to en ge on Then sho bonntod a pussing stevct-ean Ween thd young man From Boston tienen eek eyeglasses Tha nioat astonished matiner, pil always best to talk phir English whee ind company of « West-Site wirt, nn The Brooklyn Eagte says Adirondack Murray is “ann tleifted from tha mourtngs of that tha Rey, vont aha pee shurlder to think how tha Tees Wo gtont over this sentenco, and heayo tears words nt cach other for the next two iftel about tho matter, Hoston papers may leroeet trilling thing like a fire or murder wet ne? foom thom, tut when It comes to ARNOSticis ie protoplasm thoy are always on deck, OF ———__ PUBLIC OPINION. Philadelphia Ponce (Ind): of course, that ono Gurtield Eteu Jaan Ohlo man; that fs how ho AS a matter tor In Catifornig euine to be cleete ed. Itwill be worth while here Ohio nen alvowather for Hes fo, select bound to sieceed when chaslug fur fin oli ve Cineiunatl Gazette? Menry Ward B * iu gots $20.00 a years Dr. Hall, of Fifty eee aud Dr, Dix, of Trinity, £15,000; Dr. Store, net Potter, of Graco Church, Drs. "Tiituny’ and Chapin, $10,000 cneh. Of the teating acto Tooth curns $100,000 8 years Sothern giant John E. Owons, tn thirty weeks, sion; 4 forson, forty weeks, £t,0M; Mayuio stiteh from $3,081 to $0002 "Dion Bouclenitt, sho Son, week ho-plays; und Fanny MAvetiport,, Now York Thiet (Catholic): What hash, done in Now York will not be forgotten, "Thotoynte tyof thalrlsh-Americunelement totho Deinocrate Jo party has not beon as retlable Intely as it ‘once wits. Tho action of a Inege porttan of the pn In New York {9 dircot insult to that element, At is equivatent ton declaration trom 18,000 Dems erats that thoy will not only not vote for a Cutholie eandidate ona Democratic te that thoy Wilt vou ngaintt iting wee Ueket but Bloomington Pantagraph: The present good prices of Ive foxs bring largo sums of mioney Into Central Minols, Af corn holds up— agit is ttkety—thuro Isa prospect that our ree duced corn-erop may yleld us muchas the large harvests of previous seasons. Marmers who tee cel¥e anywhere near four und a hue ¢ pound for ve hogs are obtaining nearly Weents per bushel for nil corn fed. properly t stock, May tho boom" continues oe Andinnapolls Journat (Rep): ‘The re contly-published Interview with old Simon Cam- cron, In whieh he fs made to say that Gen. Grant isnot n candidate fur 1884, and to indorse Gur- Held for a second term, {4 construed by shrewd pollticlins ng indicating a deslea on Simon's purt to make himself solid with the new Admin. stration, ‘Tho supposition ia that the ald man, seolng that the next Administration ts likely to ‘bo strony and popilur, bas made hnsto to give fu his hearty allegiance, Memphis (‘Tenn.) Avalanche (Dem): Me Muynard will be the Republican caucus nomines for Sonator, He will not be without power in tho Garfield Administratiog; and Republican partiznnship would bestow a greut deal in a small way, und promise a great deat more, for a ‘Tonnvsseo Senutor or Mr, Muynord’s command. mig tthilities, “Lwo: or three Uemoecratic vorca cnn cloct that distingutshed gentleman, A sulil hunt for thom has already been organized, Wilk it succeed? If'so, the Democrats will ° slble for results. TB Repo Now York Express (Kelly’sorgan): James A, Gurfleld and Chester A, Arthur will be tho next Prosident‘and Viee-Presitent of tho United States should thoy live until Marct: 4, 1881, Na Domocrat in the United States bas a disposition toxo behind the returns of the several States, and throw out yotes enotigh, on any pretoxt whatever, to reverse their result, We do not proposo to retuliate on tho Hopublicans this year or tholr high-bunded acts fn 18H, The De- moernoy Bot thalr faces like Hint against tho Re- publican mothod of counting ina candidate whoui the people huve defented nt tho polis. St. Paul Ploncer-Preaa (Rep.): ‘The Southe ern Republicans very properly ask arcpresenta« tion In the Cab(net, but if tho Soutls has any ono to present for such 4 place no hint of it hrs yer renched the public, There is n plenitude, no doubt, of candidates thers as (nthe North, bus there is ® prodigious dearth of tho right men for tho right places in both sections. | In fuct, (t fa more thun probuble thut the chief question whieh ocauples the mind of Gen, Gurtleld ns bo looks over the. broad feld between tho twa occiins, from whose 60,000,000 ho is to select bia Depurtinent chiefs, Ib, What have become of lh the great men? What becomes of all the pins? Atlanta (Ga.) Constitution (Dem) We do not know how far tho hnpuises of the newly- olevtod President ure to be relied on tq prevent or to further tho movomont which Mr. Bontwell has 80 confidently mapped ot, but wo do not hositnte to any that even tho serious discussion of tho Boutwoll program will utterly annihilate tho hopes of those who ttre engayed In the efforts to gradually win our people away From an ine profitable past. We need not enumerate tho nature und oxtent of those offorts, but some of their results nra to be Keun In recent ovents in —in tho attitude nnd temper of tho rn peoplo—and In the commontof therep> ontutiug newspapers. - In view. of this, we put {t to fle stalwarts whottor {t is best to tllow those efforts to continue, or whether it Is best to destroy thelr effect In the Interest of tha unseas sonable hnbeoilily of Mr. Bontwell, Wheeling (W. Va.) Intelligencer (Rop.)* Ex-Auditor Bennott, who runs a nowspaper down at Huntington in this State, Jolns the Greenbrier Independent in un demand for coms moreial non-intorcourge with tho North, seclag that tho North persists In yoting the Republica tlekot, It 48 protty late, In the day for such ed» itora to bo nllve, but there ure n few of thent still above ground, and thia fur two of thoin— tho two referred to—have como to light In Weat Virgins. Bonnott reinforces tho suggestion of nouweinterconrae pat forth by tho Greenbrice man after the following fasnion: . od of ove! Coe t De Pst cy Bani vie ths Ohio und fe ill pprend Itke wildre 10 uw Gult, This lat expiring otort of tho pany Bourbons of tho South aud thelr echoes here in West Vir~ ginig, to punish tho great North for during to olect ‘a Hepublicnn President and Congress, 1s onough to exalts the coutomptuous laughter of tho elvilized world. : New York “ribune: As the Livoral parly Js now constituted tho Premier witl havo mors Aillleutty i overcoming tho prejudices of the Whiga ‘than tn rostratning the ardor of tho udicals, Tho lunt-owntug class knows that tho roforms which beyln In Ireland will end in Englund. Tho Ground-Game bill hae opened tho oyes of the Englieh tonant-furmers to the advantages of romediu! meusures; and tho de fout of thy Compensation ActyJnstead of vb- structing -reforins In Irish land-ten ures has rendered nore posltive. legislation wbsolute! nf necessary, ‘Tho old-tine Whig cannot cance bh inensiness, ‘The Commons and the pene ure dragged trom one harassing subject bo cae other without having tine to master the detut or furveadt the consequences, und tt bis judgment tho strain upon iti ied thatiliitions, and ‘especially upon ae interemta Of tanded — mundpoly, is. 6? rent that tho foundauons of publiv onter an ‘ aeourlty aro abaken, ‘Tho hoatite ncvion of 2 Liberal Poera on the Trish Compensation ace shows how much reslatance the tonsorvutive c a ments of tho Liberal party are Ikely to, etter to tho pnssaye of fund reform acts. Bnylist pute Yo Ho, however, 18 1 cutinuous recur of Aoees and politien! concessions. ‘Tho House of Pecks, avone of tho most snguclous men he Euulon ree ‘contly romurked, seldor Mikes now Ideas, a ae favaciatiy percaives Uefore it fy too late tine thore may be less public danger In accopling than in rolegting them. We do not belleve Hn the old Whigs af either House have lost 8 Power of diseurnmont. St willbe a moat sale bir gulptes i bat me think that Me a atone will auccoed In furs! plone! parts, and in decuclug far its fonie pulley awost warty and eMutent support, Galesburg (111) Register (Rep.)? Me Mar fico Whito's pregont trouble Ja sbout the Fed eral oltices, Hie thoory fa, “Ong tu ollice, always s oltiva,"" This theory fa more mischievous ha thoDemovratio one * ta the victors bela spol,” It tukes from the majority the via ia rule. It takes from tho people the rig! ae chungo tho policy of tho Government, Bap xo Gon, flancock bad beon elealed tee oe sung mancun suppose that he would able 40 enery OMe wi palles of the Howoente party, dnd muke the "change damaieen i e blutforin, if bo was Pomme ta Kou Me ye ana In the Federal oflees new bel Hing tant Whon a min bas inoro work to do than] eeeiel perform with big own bandg or bralus fe ito upon kta friends ta betp! bin dot ge would be a fuel ta calt upon biy cnomles (rats Bistance, whor ho hua just ns cot} potent, iy ot ally willing to render bolp. tho ita epee “to the victors belong tho spolls,, bi de pnut and Jegitimute interpretation, is the corrert Ore aud any Goyernmunt any whelo 9 CUES Tc succeed If attempted to by run on the one theory, Whut would nye bucono of the War tr) tho Union If tho Government bad bees SE nig handa of tho Demogrutio party? Whul Paci have beou the fute uf the law providing for resumption of apects paymonts if tha eee mont hud been under thu conte of the ory ie buuk party? No, ne, Sr, Whiitus yuur Wher nut rR Last te, Whew you neal Crate Ming the wus cull upon your trie aia ‘apolla"” must be Wivided bobyeen you abd JOU sara