Chicago Daily Tribune Newspaper, December 26, 1880, Page 4

UNE: SUNDAY, DECEMBER 26, 1880—SIXTE Che Cribuwe. TERMS OF SUBSCRIPTION. ; BY MAIT.—IN ADVANCE~POSTAGE PREPAID. Daily edition, one year. 1612.00 y 100 Bally end Ltndky. one rest 16.09 ‘Nonday, Wednesdsy- and ¥riday. per year: G00 funday, 16-paxe edition, per year. 2.00 WEEKLY EDITION—POSTPALD. Ope copy. per year. -B 150 Chub of dive, 20:90 Twenty-one cop! Epecition copies . Une PonUmee address in fw, inelading County and State. Remituances may pe made either by draft, express, Post-Oftice order, or in recistered letter, at our risk. TO CITY SUBSCRIBERS, Dally, delivered, Sunday excepted, 25 cents per week. Laily,detivered, Sunday included, SOtents per week. Address THE TRIBUNE COMPANY, Corner Madison and Dearborn-sts.. Ubloazo, UL POSTAGE. Entered at the Post-Office at Chicago, 12, as Second- Class Matter, 4 Forthe benefit of Our patrons who desire to sent aingle copies of THE THIBCRE through the mall we tive herewith the transient rate of postage: Domestic, Eight and Twelve Page laper. Rixteen Page Paper. Eight ang Twelve Page Pape Eiftzen Page Pace TRIBUNE BRANCH OFFICES, oer GO TRIBUNE has established branch piston the receipt of subscriptions and advertise- ments as follows: NEW YORK—Hoom 2 Tribune Building, F.T.Mo- Favors, Manager. 2 GLASGOW, Kcotlend—Alisn’s American News Agencr, Sl Ronfield-st LONDON, Eng.~American Exchange, 60 Strand. Hyuzx F, GILUG, Agent, WASHENGTON. D. C.—-1319 F streen, _——— SOCIETY MEETINGS. -¥ CH COMMANDERY, NO, 13, KNIGHTS TERE LAE -Speetat ‘Conclave ‘Mondsy evening, Dec. i. ie0, ac 7:37 o'clock. Private instalistion of officers. Visi Sir Knights cordially invited. By order of the Eminent Commander. ‘DAVID GOODMAN, Recorder. APOLLO. ANDERY, NO. 1, NIGHTS TEM- pitnetpccia conaure ‘Thesday evening, Dec. 2 18s at 8 o'clock. rs Sir Aol nts are always wel- come. By order of the PmpenieFaNy, Recorder. INGTON CHAPTER—Publle instal~ satin ar odlects Taawiny evening, Dee Seat ball 22 South Halsted-st. PHICIP KASTLEH, Secretary. E, NO. 636, A. F. AND A. D. A. CASHMAN Lope! cs Ee eventing, Dec. Mosberanmeld make ee duty to come, Vidvors wel” be! a » Vis i come. TIM sharp. fe G. A. DOUGLASS, Secretary. SUNT! NO. 4, K. OF P.—All mem- a eh ponent 2% $e present at Caxtio of jmportance snd election of officers, Vist eI rdially invited to atrend brethren are cordially invited to sttend- | 1 6 0 UMQN PARK LODGE. NO. 610, F. AND A. M.— Andus) Communication will be held Monday even- ing, Dec. 27, 1880, for election of officers and payment ren cordisily invited: of eae. Visiting Breshrsy OG. CLUE; W. 3 CORINTHIAN CHAPTER, NO. @,, soe Eee ARTE UR WARRIN 10. DICKERSON, ‘Secretary. BUTLER CHAPTER, NO. %, 0. E. 6.—Will havea, public instalation of Ooificers-elect on Wednesday evenmue, 235, SneIe all Madison and uobey- ats. Members ends cordial ‘AYETTE CHAPTER, NO. 2 BR. A. M—Hall peer aistine Geuerece Ries nate i, Ot 7:30 o'clock. Visiting By order of WM. K FORSYTH, M. EB. HP. Wit. J. BRYAR, Secretary. SUNDAY, DECEMBER 26, 1880. NEW-YEAR’S CaLLs. It has been the custom of THE CHICAGO TRIBUNE to mention, in a pleasant and modest way, the names of ladics in Chtcago and tts suburbs who would Keep “upen howe" on New-Year's Day. The idea has proved a pleasant and useful one, tie responsce were general, and the saviny of card and note writing was at once perceived. It ts the desire of Tux TRIBUNE to present in its issue of Friday, Dec. 31, 1890, a complete and full Ust of theynames of all ladics who will reectve on the following day. We therefore suggest that all in Chicago and vicin~ ty who propose keeping “open house,” and wish mention made of Ue same, will notify Tae Tars- UxRonor before Thursday, Dec. 0. In eending tn names tne following form should be observed: Michigan Avenue. No. 1112—Mra. Smith and Ure Misecs Smith. ——— ee M. ANDERWEBT, who was elected Presi- dent of the Swiss Republic about two weeks ago, committed suicide yesterday in the public parade at Berne by shooting himself. ‘The cause of the act is wholly unknown. _—— A PERsoNDamed Mahon, who attempted to stab Mr. Griffin, the proprietor of a ote) at Rockaway Beach, yesterday, fared rather badly. Griffin shot at him sixtimes, Any of the wounds would have proved mortal, Griffin then seized a gun and riddled Mahon with buckshot. ‘THE proposal to settle the Greco-Turkish difticulty by arbitration seems to meet with all but unanimous approval on the part of the European Powers. Greece is not satis- fied now, but will probably have to submit. At will not require unanimity on the part of the Powers to reach a definit settlement. According to the. arrangements proposed, the consent of four Powers only will be neces- sary to 3 final arrangement. | THe Boers have issued a proclamation which sounds somewhat like the proclama- tons of the American Uolonists immediately preceding the War of Independence. They say they do not wish war or bloodshed, that they respect the English fing and monarch, but that they are determined to assert and secure thelr independence. Maj. Lanyon, the commander of the English forces, has issued a proclamation of pardon to all the Boer rebels who {mmedistely surrender. So far the rebels seem to have the best of it. It remains to be seen whether they can main- tain thelr ground. ———— Soue of the Southern planters are badly scared over the prospect of a negro exodus from the South in the spring. The colored men who settled in Indisna and Kansas at e Commencement of this year are highly pleased with thelr prospects, and bave en- couraged their friends in the South to come North where tneir children may be edu- eated, and where their political and per- sonal rights will be respected. The South- ern planters found it rather difficult ta pro- cure laborers to collect their crops this sum- mer, and they will probably find greater dif- ficnity in that way next year. ——$_$_— Hype Park and the southern part of this city was startled yesterday in the afternoon by the report that Miss Hebden, a young lady of 22, beautiful and“accomplished, bad shot herself fatally at ber brotner’s residence on Lake avenue, just south of the city limits. Miss Hebden ate dinner with her brother and sister-in-law, and seemed to be in un- usually good health and spirits. Why she committed the rash act is a mystery. The theory of temporary insanity is the only one put forward as yet, Miss Hebden’s brother is the Assistant Manager of the Bank of Montreal in this city, and the young lady was a native of Hamilton, Ont. —__— A Sr. Louis newspaper, in discussing the effect of the consolidatian of several South- ern and Western roads, under the manage ment of Jay Gould, on the trade of the city at the other side of the bridge, points out that Gould absolutely controls 9,649 miles of road at present, and that when the projected roads to Mexico and branches now in course of construction are completed he will be able to control the traffic on 12,000 miles of road. Besides the Wabash systems of roads, it is said thathe commands the leading interest in the Central and Union Pacific, Iron Mouptain, and other roads, The St. Loufs journal also intimates that he manipulates a line of Mis- sissippl barges, and thatitis his purpose to make St, Louis a great exchange polut for eed ‘Tue Sprague scandal is the principal topic of conversation in the Eastern cities nowa- days, Alleged fresh developments sre printed in the newspapers of that city each morning. John Kelly’s two papers are be- ing turned into vehicles of slander on Sen- ator Conkling, because of Kelly’s be- Jief that Conkling is the author of his downfall The “ well-informed person” is being interviewed about the de- tails of the affair. The whole thing is sick- ening, disgusting, nauseating. It is sad thet the subjects of the scandal should be a man of such ability and prominence as Conkling, ands woman the daughter of one of the ablest jurists, wisest statesmen, and purest men America has produced. THE NEW BOARD OF TRADE BUILDING. The report of the Directors of the Board of Trade fn favor of procuring new and en- larged accommodations for the transaction of business, and recommending the erection ofa new building south of Jackson, and extending from Pacific avenue to Sherman street, was published in Tue Tamune yes- terday. The report states that the Board is offered the north half of the property lying between Jackson and Van Buren streets and Pacific avenue and Sherman street for the nominal sum of $80,000. This offer is made upon the ' condition that La Salle street, between Jack- son and Van Buren streets, shall be vacated, and that the Board of Trade shall erect on the property a building to cost at least $470,000, the building to be completed Within two years. This scheme includes the widen- ing of Pacific avenue and of Sherman street eight fect each, thus making these streets available for business, and, in place of that part or La Salle street thus vacated, a spa- cious arcade to be constructed under the building, which is to extend from Pacific avenue to Sherman street. The report thus describes the “ jay-out”’ of the building: The Board to devote fifteen feet from the south sideof the property, and Sr. Scott. the lana-owner, to devote fifteen feet from the north side of the remaining property in the block, for use by the two parties as an open, private court. The Board of Trade to svt their building back eight feet from the west line of Pacitic avenue: Mr. Scott todo the same when ho builds. on his property, next south of the Board's Chamber; Mr. Scott tu be allowed to connect the building which he proposes to ereat on the property remaining with the Exchango Building by a bridge, and the Board to provide an entrance from the court, and also at the con- nection with the bridge; Mr. Scott to obtain the vacation of La Salle street at bis own expense within sixty days from acceptance by the Board. The whole site selected is 215 feet north and south by 203 from east to west, affording room for a building 200 feet square. This proposition is so commendable in évery sense that it is difficult to understand why it should be opposed by any one. Mr. Scott practically donates the site for the new building to the Board of Trade, looking to compensation from the enhanced value of his adjoining and remaining property, which will .be promptly and correspondingly im- proved. The inadequacy of the present lo- cation ig confessed by all, and the necessity for another location, and with a view to per- manency, is, of course, admitted. The re- moval of the Board of Trade rooms to a building such as is proposed, erected on the site named, is as necessary and as sppro- priate as was the change from South Water street td the present location some eight yearsago. : The whole city is interested in this change. All that neighborhood bounded by Dearborn and Franklin and by Jackson and Harrison would feel the magic influence of this pro- posed improvement, The city itself owns the present site of the rookery known as the City-Hall, and that property would be doubled in value by the change proposed. The vacation of La Salle street for the dis- tance of a block (it is already vacated south of Van Buren street) will of course be nec- essary, and it {s to be hoped that the City Council will not hesitate to adopt the legis- lation needed for that purpose. The Rock Asland and Michigan Southern Depot will be as conveniently reached by Sherman street and Pacific avenue as by La Salle street. There will be some regrets and some sympa- thy for those affected by the abandonment of the present inadequateChamber of Commerce, and the question will be asked, What can be done with that property? The answer is, that such a building is even now sadly needed for an exchange for tha lumber, coal, and iron interests, whose official organizations are now located in small buildings and scat- tered about in various parts of the city. These branches of trade need a public ex- change room of the capacity furnished by the Chamber of Commerce Building, and, when the Board of Trademove south to their new building, the coal, lumber, and iron ex- change may move into the Chamber of Com- merce Building, which will not be too large for the wants of those trades. Upon all considerations, commercial and public, private aud municipal, the proposed improvement is most desirable and should meet with the niost earnest support from all quarters, : COMMERCIAL JURORS. ‘The revelations made in the case of Arm- strong vs. the Hinsdale Marble Company in the trial pending in the Cirenit Court are worthy of public attention. One of the ju- Tors in that case opened an acquaintance with the plaintiff, in which he referred to the fact that he was a juror, and disposed to bea friend to the plaintiff. ‘The latter com- municated the fact to his counsel, and, under their advice, held further meetings with the juror, in which the Jatter stated his prerious experience and success in manipulating yer- dicts, stated his scale of prices for a fayora- ble finding, and solicited as a present favor the loan of $25, The conhsel for the plaint- {ff informed the counsel for the defendant, and the two consulted with the Court, and the result was that on Ssturday Judge Moran, before resuming the trial, questioned the juroras to whether he had had any conver- sation concerning the case with any person, and was promptly answered in thé negative. ‘The plaintiff was sworn and made his state- ment, to which the juror added his OWn, con- firming that of the plaintiff, adding, by way of explanation, that his previous denial of haying had any conversation on the subject was Intended to deny having conversea with any person not engaged in the case, he un- derstanding that the prohibition was of con- versation with outside persons only, The juror seemed to think he had violated no Jaw nor any rule of propriety. The Court, “theréupon, after a very proper characteriza- tion of the offense, sent the juror to jaii for sixty days. One of the most striking parts of this case is the density of the juror’s mind. The man isa sailor by profession, serving on a tug. Navigation being closed, he was will- ing to give bis services to the country in aiding the administration of justice. He was not a member of the regular panel, but had been picked up in the street~perhaps at Cor- coran’s saloon—to serve in place of a regular juror who had been excused. From the statements by him to Armstrong, he had had some experience iu manipulating juries, and claimed that Henry Harms was greatly in- debted to him for the enormous. verdict ob- County in the and tried at tained- by him against case taken from this co Wheaton. +h Oy ‘The conversations with’a}mstrong were wholly inconsistent with the:samblike inno- cence claimed by him as to ‘tb character of his offense. - Asa juror, he seemed to think he was entitled to share in the pro- ceeds of any judgment e might render; a8 a man disposed to’ favor the plaintiff, he was frank enough,.to give the scale of percentages hesvould expect, and, as aprudent man, evidently. thought he was entitled to a retainer or something in hand to reward him to some extentin case ke should be unable to obtaiti any verdict. ‘Che seale of compensation {s thus given In Arm- strong’s aflidavit: ; Atthe meeting at the saloon “ Glaser asked af- fiant what he, the atliant, would give him if he got a verdict of $25,000 or $0.00. Then this at- fant asked Glasor what he expected, when said verdict of 1o expecter a ss of $40,000 he expected the sum of While the finding of the Court, the severity of his reprimand, and the sentence, rre all worthy of commendation, there is a question whether the solidity of the man’s ignorance does not rebut the evidence of his guilt. Would any man, no matter how adroit, confess to such profound stupidity, even to escape punishment for the crime ? THE BIBLE SOCIETY AND THE NEW VERSION. ‘Two questions are raised by the announce- ment that the revised version of the New ‘lestament js nearly completed and ready for distribution. The first is, Will the transla- tion be accurate, elegant, and pure? The second is, Will it be sustained and circulated by the orthodox societies? The testlmony on the first point is quite reassuring. We are told that great pains have been taken to remove the thousands of errors and blemishes of the old version, while retaining its spirit and the sound old Saxon in whichit has been imbedded. Anxiety on this account may, therefore, be dismissed. But in proportion as the dread of unseemly innovation or slay- ish respect for venerable error vauishes, the other question increases in importance. The. American Bible Society virtually con- trols the distribution of the Holy Scriptures among the orthodox denominations in this country. it bas agents everywhere. It gives away millions of copies of the Old and New Testaments annually. Bibles bearing its imprimatur are at a premium in the book- stores. It is at once the source and the authority for most of the Bibles used by the Protestants of the United States, even those which are nominally published by private establishments. The power of the Bible Society is at once the cause and the effect of & very conservative policy in its manage- ment. Ithas authority because it is sup- posed to be the jealous guardian of the original text. And the fact that very great confidence is respused in it makes it careful lest that trust might be abused. The Bible Society will not come to the de- ‘cision of the question involved by the pub- lication of the new version without experi- ence. As has been well pointed out, ithad a momentous case of the same kind on its hands twenty-four years ago. Its Committee on Versions then undertook to correct some of the more obvious typographical blunders in the old version, not presuming even to touch the countless archaisms, inelegancies, and mistranslations in which it abounds. They changed “sodering” so as to read “soldering,” and “rereward” so as to read “rearward.” They added one h to Juda, and anotherto Sara, and cast a third out of Chansan; puta final i on “Sina,” and spelled Sion witha Z. “Asswage” was converted into “assuage.” They added sh to astonied, put ano in “throughly”; corrected the gen- ders which were manifestly wrong (repre- senting Ruth’ and Solomon’s bride as * he’s), and made other such changes. Their work was at first approved by every- body. Beautiful new copies of the Bible were struck off and sent to learned societies and to distinguished Doctors of Divinity. One was dispatched by a special messenger to Queen Victoria, Everybody applauded, aud It was said for a time that the American Bible Society had done a noble work. But suddenly there came a change. The Rev. A. C. Coxe, of Baltimore,—the very Bishop Coxe who is now making such an ado about the new revision,—published a pamphlet in Jan- uary, 1857, in which he violently arraigned the Bible Society for “seeking to supersede the time-honored version in its integrity.” He charged the Society with the deadly sin of correcting all the errors which it had dis- covered, whereas it had expressly stated its intention to remove only obvious typograph- ical blunders. Other learned divines joined in the hue and cry. Dr. Hodge, of Prince- ton, could hardly say hard things enough of the revision. It was a ‘New-School” device; and, as if that were not enough to ‘down it in the opinion of the Old School, it was “the greatest public wrong which had been committed by any of the societies.” The New York Observer soon teemed with communications relterating the most absurd accusations against the mem- bers of the Committee on Revision. They were elegantly called “ counterfeiters” and “ forgers,” and their work was described as base coin feloniously put in circulation. What wonder Is it that they allquailed under the storm which their well-mgant but un- orthodox veracity had provoked! They de- fended their work vigorously at first, then more feebly, and finally not atall. All but one of them resigned, and that one recanted. The Bible Society, figuratively speaking, ar- rayed itself in sackcloth and cast ashes on its head. The beautiful new Bibles were called in. The plates were melted down. And the work of repentance was clinched by acon- stitutional amendment and a new charter Prohibiting the Society from circulating in the future any but the King James version of the Bible. A. writer, reviewing this shameful retro- grade movement, says: The Bible Society made a quite needless sur- rendor. They returned from * Joba the Baptist” to“ John Baptist,” and restored all the errors to their old places, just as they are, publishing the same in this year of our Lord ‘Isl. As to the headings of the chapters, for no man insists that they are part of that {aspired Book which the Soclety is limited to print. even Dr. Hodge admitted that the Soclety was at perfect liberty eave them out, aud he said this, too, after having declared that this was “ by far the worst feature of the case,”"—that is, the Committee bad made a series of alterations in those which gave him more concern and more offense than auything else. The Society, however, after a Jong debate in the Board of Directors. decided to retain them in their old form. They actually went back to repeating in Genesis, xxil., “* Isaac ig exchanged with a ram,” as they do now; in Genesis, i. they kept this: “Ho diet, and is chested,” instead of embalmed; and thisin Num. xiv.: “Moses persuadeth God, and obtain pardon”; and this in Esther, v.: “ He bulldeth for him a pair of gallows": and this ia Matt., x And poseth the Pharisees about the + an think, this io 1 Sum., xvi.: “Samuel, sent by God, under pretense of a sacrifice, cometh to Bethlehem.” ‘These may now be discovered in the Bibles which the children have in our mission-schools. We can only bow our heads and wonder. So at last there was peace, and this woful story went on its way into history. Now comes that constitutional amend- ment against revision that was fastened on the American Bible Society. As a writer > marks, “It is likely that, in 1857, the. Sible Soclety tied with its fingers what, pereafter, it cannot untie with its teeth.” ‘. This constitutional ambnément consti- tutes the chief stumbling-bick in the way of any active participation bythe Society in the work of circulating the nw revision.» The amendment must be repealed,.-or the Society must go on circulating ayii sanctifving error, w and putting it in unfrigdiy competition with truth, Of course the-kyth can stand the rivelry. But can the BibkySoclety stand it? That is an inquiry of sone moment to the friends of that venerable and most re- spectable organization. Several Directors of the Society are, already members of: the American Committee on Revision. .They believe in the work, and know it is good and honorable, Then why should they refuse to circulate it, or why should they continue to associate thelr names with 3 society which has constitutional objections to -.accu- racy, good English, and authentic Script- ures? It would be far better forthe Bible Soctety that its constitution should beamend- ed or repealed rather than it should sufferso noble a work to be done entirely through another agency. a ———— “TOO MUCH MONEY IN ENGLAND. The attitude of a man appealing to the sympathy of the world because he his too inuch money Is certainly ridiculous at’ first thought. It may be assumed that such a person Will’ not receive very mych pity in any event. Nevertheless the capitalists, and especially the so-calied small capitWists, who expect the accumulation in: their hands, whether hereditary or otherwise, ta: yield them income enough to live on, ate dread- fully disturbed at the falling and decreasing- ly low rate of interest which perfectly safe investmentsoffer, This agitationcomes from the plethora in the. money-market, and En-,| gland “suffers” more from this condition’ than any other country. The present abnor mal redundance of money is suggested to the London Spectator by the recent-negotiation of a loan of $16,000,000 for India on fifty-year bonds at 83 pér cent, to which nearly five times the required amount was subscribed at 103 to 10434, while that Government for- merly procured money with difficulty at 7 or Sper cent, and within a few years has paid as high arate as 5}¢ percent. This circum- stance has sugrested'to the English journal the following significant statement relating to the money-market: Consols, {f we count the dividend, are above par. French 8 per cent rentes are at 8, the those who hoard their money,—for instance, the peiants of India and Ireland, and Jarge- ly of France. At the same time, liberal use of money among the rich and the enterpris- ing men will promote a corresponding liber- ality - et expenditure among the poorer classeg. Low interest is a tremendous factor in assuring general prosperity, and the tem- poral suffering of the.rich man Is a spectacle which'most people will be able to bear with 8 good deal of equanimity. ’ THE HINDOO NIRVANA. Astory has just been printed in Fraser’s Magazine, written by Frederika Macdonald, and entitled, “The Penjtence of Rajab Yayati?’which is eliciting a great deal of at- tention in England. {tis intended to illus- trate the great central doctrine of Hindoo- ism and Buddhist, the Nirvana, that per- fection of gracy or exaltation of spirit, as Christians would term the condition, but in Buddhism that perfect mastery of body and spirit, which enables the soul to become self- sufticing and self-existent, and pervaded with the attributes of Deity to such av extent that -one evenly poised between Heayen and Hell would care for one as little as the other, and become utterly oblivious to all earthly con- ith influences, and circumstances. Per- hapadt is well expressed in the lines of «Platen: “ It God were not rest, then would I turn even from Him.” It is also included in the question of the Brahman,—if man can” be higher than God, and if God {s not tran- quil. : The hero of this remarkable story is Ya- yati,a Prince who, after passing a sensual life, ig doomed to become suddenly old, : therein reversing the legend of “ Faust.” He appeals fora few years of youth, that he may exhaust the pleasures of life and prove their folly, and his prayer is granted, upon condition, however, that some one else shall become old in his stead. Ason consents to make the sacrifice, and even to make it per- petual; but, after a few years, youth be- comes a burden to Yayati, and he gives it back to his son, saying: My son, clothed in thy youth, I have tasted the pleasures of sense, I have conquered all ditficul- American 4s are at 115, and Congress has just yoted that £150,000,000 or 80 shall be refunded st 3 per cent,—an operation quite practicable,— the best railway debentures at 4 per cent range up toor beyond 2h good 4 per. cant preference rallway sbares ay roughly stated at 110, and Indian guaranteed 6 per centa scarcely yleld 33% reent. Itis useless to farther with the ist. With the exception of some smull stocks hero and there, which na some accident do not attract the market, it is impossible to obtain 4 percent in any security which is at once safe and quickly realizable, and extremely ditficult dn securitics fit for trustees to obtain more than 3%. t the same time, the re- turns from Jand are gol down, and ig value sbaking to an extent whicn Trightens small investors; the rental of houses is sinking, though in this instance the resistance is Berce, and rent a good doal affected by indi- vidual necessity or whim; and the richer mu- nicipallties are threatening everywhere to cun- vert their bonds into lower, sometimes much lower, denominations, The banks are drowned in money at deposit, til the most formidable danger of the situation is the necessity their Tmauagers feel for using movey somehow; and tilevery rogue who plays a big game, and therefore wants Jarge advunces, is weloume tn @ bank parlor; and promotera who in ordinary times would ofer the publfc 2) per cent, think 0 will be attractive enough, and have sometimes the adroit impudence to offer 5. Accumulation,in fact, has caught up and passed the means of in- vestment, till, if a great Goveroment, say, France or Germany, wanted a hundred miliiona at 344 per cent, for anything but war, capitalists would feel the request as a kind of godsend. Like most English statements in regard to American affairs, the above is wrong in say- ing that the American Congress has yoted the refunding of £150,000,000 at 3 per cent, but the scheme is admitted to be “ practicable,” and there js little doubt that the refunding of the bonds which mature next spring and summer will be made at that rate. For the rest, the view of the general field of finance is correct,.and it suggests a number of curi- ous results, particularly in case the predic- ton made by the Spectator shall prove to be true--viz.: that the decline in the rate of in- terest will probably ‘continue, ana that the rate will go as low, as 2 percent within the next five years. . The suggestion which will occur as the most important to Americans, though It will not offer the English capitalists much com- fort, is that the conditions of the money mar- ket which have been ouNined will open up unparalleled opportunities téthat class of people known in French political economy asthe entrepreneurs. This class includes the projectors of taflroads and canals, and manufactures, and steamship lines, the men who undertake the application: and manipu- lation of new labor-saving inventions, those who are reaching out in an enlargement of business of any kind, and all persons who find it necessary to borrow money to push or extend their enterprises. The encourage- ment which all these people will receivefrom an abundance of money at low rates will un- doubtedly bring to the surface many reckless operators and adventurers, and low interest wiM no longer offer the compensation of safety and permanency of investment; at the same time, the new impetus that will thus be given to building, to manu- facture, to invention, to production, and to labor, will serye to distribute money much more liberally among the wages and salaries class, among the small trades- people, and among all who contribute by their effort to the comforts, luxuries, and conveniences of the money-spenders, The poor man can take a very cheerful view of an outlook which ratber betokens burdens fot the rich man than for himself. ‘There is another view of the case, however, which makes this condition exceedingly op- pressive to people of limited means and pos- sibly menacing to interests that are closcly identified with the prosperity of the masses. The trustees of estates and the ‘families _ with limited capital which has heretofore ylelded them a supporting income from -pub- lic securities must expect in the future 4 ma~ terial reduction in their revenue, and they will suffer more apprehension than hereto- fore as to the fate of their capital, A reduc @fon from 4 per cent to3 percent meansa contraction of income of one-quarter to such persons, and if the rate shall go down in En- gland to 2 per cent, as is predicted, then they niustbe content with one-half the income that their means formerly yielded them. In such cases where this change shall set to work of some kind those who are able to work but have been in the habit of spending their time in idleness the hardship will not be 4 matter for any general regret, but there are many cases where the contraction of income will fall upon widows and young orphans. who cannot make good their deficiency by any ef- forts of their own. It is also clearlyjwithia the range of possibilities that fire and life insurance companies, savings-banks,,.and other associations maintained for the future Care of families, may be weakened even to bankruptcy by the radical change inthe con- ditions of the loan market. If she safe in- vestments of their funds shalt be reduced from 5 and 6 to 8 and 4 per cext, they may in many cases be unable to carry out obliga tlous assumed uven the expectation of the higherrate of acome, and in such event the logs will fol Upon those who have intrusted their -avings to the care of such insti- tosvns, The same result will follow if these companies of a trust character shall be tempted to invest their funds in unsound en- terprises in the hope of saving their old-time income and shall eventually lose largeblocks of their capital. Notwithstanding these dangers, 8 pro- loaged era of low interest is likely to yield a gcod many more benefits than losses to the misses. The habit of saving will not be ma- terially affected, because itis notorious that te most economical of the lower classes are ties, [have used time and strength according to my own will. But this is what | have found: the attainmentof the thing desifed does not quench desire; desire grows asa fire on which ifs poured clarified butter. If all the rice and barley, all the flocks, all the gold, ail the beaut!- ful women the earth contains, cannot satisfy the desire of ono man, true wisdom Js to put away desire altogether. This thirst, the fovlish so vainly strive toslake, is never quenched; {t does not grow old when men grow old; it Is 2 mortal fever; bappy be who Js free from tt! Yor me, 1 have passed miany yeara attached to pleasures of the sensea, and always umidst one enjoyment a thiret fur new joys was awakened. Puru, lam content; trke now thy youth and’ this empire. Forme, Iwill put of desire, and, turning my face towards the Absolute Betng, will dwell tran- quilly in the home of the gazelles. Having uttered these pessimistic senti- ments, he enters upon the life of an ascetic, and finally ascends to Heaven, whence he is expelled by Indra, because he had sought Heaven not so much for the sake of rest, or the Nirvana condition, as to taste its joys. He descends to an intermediate region, a sortof purgatory, occupied by saints not yet ready for Heaven, ruled by Ashtaka, to whom he says: ‘I have fallen from Swarga [Heaven], but I feel no pain or terror. The source of pain and pleasure is not in myself; ‘all my strength then is put forth to remain untroubled by either. +». One man says, ‘I must give alms.’ ‘Sacrifice’ they command an- other. ‘I mustread the Vedas,’ says a third. *Imust bind myself by a vow of penance,’ observes the fourth. One must lay aside these restless fears. These practices are ob- stacles in the soul’s path. What is best is to identify oneself with the Eternal Being, and to aspire to supreme quietude in this world and the next.” Ashtaka offers bim his.own place in Heaven, but Yayati declines it and isabout to plunge himself into Hen, when five flaming chariots appear to take Ashtaka, his three friends, and himself to Swarga, and the last we see of him he is declaring in his fire-chariot: “ Better than Swarga ts it to possess one’s soul in tranquillity.” The charm of the story lies in the light it throws upon tlie mystical doctrine of Nirvana,—a doctrine whieh, judged by Christian philosophy, seems akin to annl- hilation, and yet cannot be that, since it In- cludes the idea of a place of everlasting bliss. The Buddhist explains it by saying that, as wecame from the All,so we are absorbed into the All again,—one drop in the great river, invisible, impotent, unconscious, for- ever at rest, and yet not annihilated because still part of the whole and higher in beati- tude even than a condition of supreme bliss. The Spectator, commenting upon the story, saya of the results of such a doctrine: * Itisnota good ideal in {ts results, for it leads, when it dominates ordinary men, tu a poor and meagre life of asceticism, self-torture tono end; and when it controls good men, to a life pure {1 deed and holy in all negative holiness,—nobody is much cleaner in life than a Buddhist phoon- gyee, orone of the better Pundits,—but scif- regarding in excess, and penetrated throughand through with spiritual pride; but it isa very diferent ideal from that which Englishmen ordi- natily think of as eutertained by Hindoos. It tas nobility im it,or a potentiality of boing nodle, and develops the power of sclf-suppres- sioa, of which no Hindoo, however debased or nosever ordinary, is ever entirely devoid. No other human being ever satin dhurna, Tho pover of sélf-suppression, in which he exceeds allmen, may be innate and the origin of his philosophy, but his philosophy has also a strong refizx action upon bis power. Circumstances seem less when the fixed Kea! which you rerer- ence, though you do not seek it, is to be utterly abore or outside circumstance, to care nothing for.coy, and as little for torture, to regard not eves Heaven or Hal, but tobe yourself Yran- guilthough the universe rush down, self-poised jikea djvinity, which indeed your soul, the essential * you,” every Hindon believes to be. ‘The tremendous power of this doctrine, be- lieved in by three hundred millions of peo- ple, isshown by the comparative weakness ot Christianity in reaching the Buddhists. Its a philosophical habit of life and mode of niud, the strong fortress within the out- lying yalls which must be reduced before any impression can be made upon them. It is not’ form, or ceremony, or practice, but aruling conviction, which sets up an ideal of virtue, to obtain which the Buddhist will endure the last degree of useetic torture or penance, That must be attacked, and its fu- tility must be shown before Buddhism will yield to the assaults of Christianity, Wits L. Rorar, late of Richmond, Va., now of New York, an ex-Confederate, a believer in the code, twice second in an affair of aonor, etc., etc., has in the press and will shortly publish a book in reply to Judge Tourgees “Bool’s Errand.” A TReuNE representative has been permitted to examine the proo‘-sheets, Mr. Royal sets out with a tirade of characteristic abuse on Judge Tcurgee.* Such epithets as liar, slan- derer, malicieus libeler, carpet-bagger abound, From abuse of Judge Tourgee he branches aut inte wholesale invective against carpet-baggers in general; defends the South- ern people against the charge of il!-treating the neg; has a word to say in defense of the duolfo; takes Senator Coukling to task for his denunciation of Southern men and manners, and in doing so recalls the Caaonchet affair. On the whole, Mr. Royal thinks that Southern civilization will compare: favorably with Northern clyiliza- tion, aut‘intimates his belief that the “‘eode” is an,iyitrument of progress and civilization. He bass copious supply of epithets, which PAGES. the Greeks, without adding greatly to their force as against any Btate possessed of 3 marine, ond without interfering with Austrian hopes and projects on the shore of the Adriatic, The Greeks ure not Iixely to accept this proposal, uniess forced upon them by irresistible pres- sure, ‘hey want to rescue their northern bor- der from brigand Jncursions, to obtain the atd of the warlike population of Epirus, to free Jan- nina (the centre of Greek cultivation), and to vlace themselves in a position to make an en- during league with the Albanians, Christian and Mohammedan. All the islands of the Archipel- ago would not compensate them for Epirus. Of course, if they will not fight, they must put up with what they can get; but as yet thoy adhere toJonnina as theirsine qua non. “This project," says the London Spectator, * which indicates that Austria wanta the whole eastern side of the Adriatic, is the origin of the strange rumor that the Sultan has ceded Crete to Germany upon tho terms on which Cyprus was ceded to England. If that rumor were true, it would, we hope, open even Jingo eyes to Lord Beaconsfleld’s failure. ‘The German fleet planted right across the Brit- ish route to India would be the first consequence of h{s policy? Fortunately, France exists.” On the same subject the Pall Afalt Gazette observes: ‘The report published ty the Telegraphe that “the Porte has ceded Crete to Germany on the same terms that Sipe wus ceded to England” ig probably false. But it points to s possibility which should not be Jost sizht of in the discus- sion of possible solutions of the Eastern ques- tion. It was pointed out, at the time when the Anglo-Turkish Convention was concluded, by an uble Russian writer, that tne precedent which itestablished was one which other Pow- ers—and Russia in particular—might find in- vatuable for the promotion of their own pur- poses in the East. The late Government in- sisted that the Cyprus Convention in po way interfered with the Integrity and independence of the Ottoman Empire, and theretore could not come under the cognizance of the European Powers. This doctrine may yet be turned against ourselves with the most serious results. If Germany wants a naval station in the Bed- iterranean she will probably protit by our ex- perience in Cyprus, and secure the concession of a smail isiand with good a harbor. Crete is too large and the Cretans too numerous to serve her turn. a Astronomical. Chicago (TrusuNe office), north latitude, Al deg. 62m, Sis.; west longitude 42m. 18s, from Washington, and 5h. 50m. 303. from Greenwich. The subjoincd table shows the time of ris- ing of the moon’s lower {imb, and the official time for lighting the first street-lampin each cir- cultin this city, during tho coming week, unless ordered soouer oa account of bad weather. Also the following times for extinguishing the first lamp: She will be new at 8:06 a. m. next Friday, within about half an hour of the time of perigee, and only 1 degree 11% minutes north from the ecliptic. Hencethere will be a solar celipse, visible from the eacth’s northern hemisphere. At Chicago the moon will lap over the sua to the extent of about five minutes of arc, or near- ly one-sixth part of the diameter, at the time of rising; and the phenomenon will end about ten minutes after the time of moonrise. day night, and very near to Mereury Thursday morniag. ‘The sun’s upper imb will rise on Monday at ‘7:27% a. m., south at Im. 41.5s.a.m., and set at 4:36 p.m. The sun’s upper limb rises Friday next at 7:28 a. m., souths at 3m. 87.98. p. m., and sets at 4.3044 p. m. ‘The aldereal time Thursday mean noon will be 18h. 28m. 10.288. , ‘The earth will be in perihelion next Saturday about3a.m. Mercury will rise Thursday at 6:25 a. m.and south at 10:57 a.m. He can still beseenin the morning twilight, especially in the early part of the week. He {¢ now nearing the sun, and will reach bis superior conjunction Jan. 25. Venus will gouth Thursday at 2:56 p.m. and set at 7:53 p,m. She is now very near the stars known as Gamma and Delta, in Capricorn; will be about 9 degrees to the south of them Thurs- ‘day night, About seven-tenths of her illumi- nated side fg turned toward.us, Mars will rise Thursday at 6:03 a. m. and south at 10:35a.m. He is now far enough away trom, the sun to be called a morning stur, bat is not very prominent. He is growing in‘ dignity,” however, in this respect, Be is now among the stars of Ophiucus. Jupiter well south Thursday at 6:03 p. m., and get at 12:17 p.m., which will bring him {nto quartile with the sun the following day. At the close of the year he {s about 4 degrees south from the star of the fourth magnitude, lettered as Delta in the Fishes of the Zodiac. He is now at pearly hig average brightness to us, which js about five-eighths of his brilliancy the first week in October. His apparent diameter is 38% sec- onds of ure, or the same as a disc of one foot across seen at the distance of one mile.’ Saturn will sout Thursday at 6:463; p. m.,and set Friday at 1:14, m. He isnow turning direct among the stars. The greatest apparent diam- eter of bis ring system is 414g seconds of arc, and least do 9% seconds, The apparent equa- toral demanded of the planet is 17 reconds. Uranus will south Thursday at 4:28.m. He rises at about 9:55 p.m. He is still among the stars of Leo; not far from Cal in that constelta- tion. His right ascension is 11h. 014m., and de- elinstion 7 degrees 8 minutes north, Neptune will south Thursday at 8:00 p.m. His right ascension Js 2h. 39m., and declingnon 13 de- grees 3; minutes north. or MansHaL MAnTECFFeL’s speech at the Strasburg banquet is a statesmanlike utterance from the point of view of those who believe that by good and sympathetic government the peo- ple of Aisnce aud Lorraine will be reconciled to ®@ permanent connection with Germany. “Such attempts,” says the Pall MaR Gazette, “have been partially successful elsewhere. The Arch- duke Muximilian, by bis ruie in Venetia, was able to reconcile the country population to Aus- trian rule. Savoy and Nice, like Alsace and Lorraine, have bech reconciled to France; aud Marshal Manteuffel may fairly congratulate himself upon what he has done himself to bring about a better fecling between the German Government and the rural population. Bot in matters of nationality, a3 was, agafn, seen in the case of Venice, the towns govern the coun- try, and the fecling there against Germany is ag bitter to-day as it was the day after the war, ‘This was shown, notwithstanding all efforts to prevent the evidence appearing, at the time of the Emperor's visit. Moreover. say what Mar- shal Mantouffel may about permanent annexa- tion, he himself knows well that no party in France, Legitimist or Orleanist, Bonapartist, Gambettlst, Red Republican, or Communist, he ubegjinsparingly and, at times, deftly. His “thanah”? has been touched. Somestclleinent was produced In England by tae pit tant the German Government ‘ha Pro! compromise the Greek question by asking the. Porte to surrender tho whole of Thessaly and the Island of Crete, while retain- ing Betray, ‘The object is, of course, to content can ever consent to forego the lost provinces, ‘That ts the only cry which will fer at feast a generation bind all Frenchmon together. A peaceful aettlement may be brought about, but solong as Alsace and Lorraine remain under the German fing, 20 tong will the man who seems best able to achieve their recovery ac- quire power in France. We may be sure that Prince Bismarck has no illusions on this point.” ——— PERSONALS, President Grévy, President of France, is mentioned as displaying much coguetry in. con- cealng bis age. Tho archives of his birthplace, Mont-sous-Vaudrey, were burnt In 1831, and therefore M. Grévy has the game all biaown way. All the biographies represent btm as hay- sng deen born in 1813. The truth Is that he was born Aug. 15, 1807. He fa, therefore, 73 years of a It is true that he does not look so old as George Eliot’s writings have bee! Profitable. For “Scenes te Clericat Lite” she received only $1,500, But for “Adam Bede” she got about ten times as much, and for The Mill on the Floss” but little Jess. “Romota,” strangely enough, is said to have brought her ‘only $10,000, From “ Silns Marner” she received $1,500, and from “Felix Holt," usually thought inferior, six times as much. For the “Spanish Gypsy" she got $90,000, which is rather more tia ner publishers got back from the public. ler entire earnings have been esti Pi mated at Anold man in Xenfa, 0., killed himself a few days ago because he had sold bis farm. Until recently Jesse R, Marshall had been alargo landowner fn the western partoft the county, and lest February he sold the ald homestead, where he had lived from childhood, to William Moore, with the intention of removing with his family tothe South or West. During the sum- mer he made two trips, but round uo place to his Uking, and returned very much discon; and seemed to deplore the fact ‘thst he parted with the “old home.” After tho ear the farm he moved with his family to fom Where they bare since lived. and tiace Won turn from the Weat, utterly discouraged, ce his prospects, he seemed tobe more and mt unhappy about parting with the ol8 fara 3 became subject to melancholy moods, and? Umes the family feared that he might beeos= hopelesly insane, In the end he shot himseit. Lord Lymington, now ona visit to Ne Yors, ig the hopo of ‘the Liberal party, sop” young Lotds are concerned. At Oxfora rent! President of the Union Debuting Society took a very active interest in its affairs; twtect itwasunder bis auspices that a new ant? arose, and a grand anniversary gathering, tended by numbers of Cabinet Mizistere ny Place. To be President of the Tnion ise ptent distinction at Oxford, and nearly al} tose me hold the office rise to distinction in after life, Lord Lymington’s favher,the Earl Of Ports. mouth, bas large estates in Hants ang and further possesses to whole Town ot Bia, corthy, in Wexford, and a great surrounding estate, including Vinegar Hill, of rebelii celebrity. At the present time, howeyer, oe istrict of Treiand {s less rebellious than’ the Portsmouth estate, which has been so Judicions. ly managed (albeit the proprietors have alwayy been absentees) that even in these troutioug times the rents are duly paid. Tho Portsmouty, system of tenure was explained by Lord Lyming. ton ina recent number of the Nineteenth Con, tury, Lord Portsmouth enjoys the enrlabie distinction of having refused the Garter, Be told Mr, Gladstone that be did not coustder hin. self entitled to auch. a distinction, inasmuch ag he had done no service for the State. The Duke of Bedford took 4 different view of his merity when he was lately made a K. G. CANADA. Emigration in the House of Commons. A New Rallway~Church Troubles Fierce Assault on the Pactfie Baile road Syndicate by a Government Newspaper. Special Dispaten to The Chicago Tribuna, PeMBroKe, Ont., Dee. 25.—A fire, which destroyed seven buildings, broke out eatly- this morning in thecellar of J. W. McLaren & Co.’s general, store, completely destroying that building. It soon spread to the Masonig Hall, Stewart’s tinshop, Mrs. Bean’s con, fectionery store, several storehouses and out- buildings belonging to the Victoria Hotel, and finally to the Town-Hall, which were ‘The moon will be very near to Mars Wednes- | also destroyed. The insurance as far a3 learned is: J. W. McLaren, on stock, $1,500 in the Western, $2,500 in the Lanca shires on’ building, $2,000 fn the Royal Canadian and $2,000 in the Canada Fire & Marine. James Stewart, on building, $1,200 in the Union. Masonic Lodge, farniture, $1,000 in the Lancashire, Town Hall, $1,000 in the Citizen’s. The other buildings were insured for small amounts. Fortunately there was no wind or the result would have been much more serfous. Speetal Dispatch to Ths Chicano Tribune, Orrawa, Dec. 25.—In the House of Com mons, yesterday, M. Merner asked whether the pamphlets which were written in the interest of emigration to the Northwest Ter- ritories had been translated and printed in the German language, and whether they had been sent to Germany, as was contemplated by the Government last year, and how many coples had been distributed for that purpose. Mr. Pope, on behslf of the Government, said the emigration pamphlets had been trans- lated Into German and 20,000 copies sent to Germany for distribution. It is understood that the Hon. Mr. Chap Jeau, President of the Credit Foncler, has, af the suggestion of Mr. Patterson, M. P. for Essex, agreed to establish a branch in that county. Byectal Dispatch to The Chicago Tribune. Moxrreat, Dec. 25,—Bernhardt gave twa performances to-day, afternoon and evening. Both were fairly attended. This closes her engagement in Canada, and she will leave for the United States Monday morning. a Sneclal Diepateh to The Odtcago Tribune, Moxtgear, Dec. %.—The fight for the publication of the list of delinquent debtors will be resumed at the next meeting of the Council. Upon the list are the names of religious corporations of all denominations Jand companies, aldermen, a Cabinet minis- ter, lawyers, doctors, and professional men generally. One ‘real-estate owner owes” money covering fourteen or fifteen pages of the report, and aggregating more dollan than the value of his land. A strong effort will be made to have the list printed, and tha ' $800,000 aue either collected or struck off. A new railway from Sault Ste. Marie to ths Atlantic seaboard is projected, Itwillbes great deal shorterthan via the Intercolouial The Provisional Directors are C. €. Colby, E. T. Brooks, Duncan MeIntyre, and Mr George Stephen. ‘Capitalists are now being” called on to-take stock in the road. At the instance of A. M. Price, ot Buffalo, a faro-bank has been broken up here. The proprietor, W. A. Eagan, and a number of others will be tried at the next Coutt of Ses sions. Spectak Dispatch to The Chicago Trims Sr. Jom, N. B., Dee. 95.—A Frederickton paper Says the New Brunswick Land & Lum ber Company has obtained a charter from the Privy Council of Canada. ‘The President of the new Company will be Lord Elphinstone. The head office will beat St. John. This Company will own all the lands now held by the New Brunswick Railway Company sid thereatter the railway and Jands will be held by distinct corporations. Immediate steps toward colonization will be undertaken. A branch of the Irish Land League hes been organized here. ‘The Canadian training-ship Charyddls is to be sent to St. John. ‘Speciat Dispatch’ to The Chicago Tribune, Toronto, Ont., Dec. 25.—Ata meeting of the Session of Cook’s Church (Presbyterian) it was decided to proceed at once toa ese cial investigation into the conduct of those who recently forcibly removed an orgea from the church. The following zen eral charges were accordingly prepared: That Messrs. James Bain, Anthony Bell, James Johnson, Jobn MeMillan, and Joho Oliver are accused of rude disonierly behayior in entering the music circle of Cook’s Church and forcibly removing the lr strument which’ the | Session had fQuthorized the church to use, thereby disregarding the authority of the Session, disturb and interrupting the aneetings and bringing great. scandal on the Church 0! Christ. It was further resolved to chargethe persons. tamed with habitual neglect in seat ing audiences, The investigation will commenced on Monday. ‘The Irish Canadian denounces the syad- cate bargain in vigorous language, and urges the people to set their names to the petitions against itas a solemn duty to thems and their children. It says the crisis de mands originality and fire, and suggests that if the Ministers ‘cannot be forced to abandon their treason to the rights of the public ia the rich ‘soils of the Northwest, 3. Biake should give warning that the annulment of the contract will be made the issue between parties, and to close histe fusal to take part or lot in the proceedings in the contract by walking out of the House. ‘This thnely and emphatic notice to capltee ists, the Irish Canadian, says, will kill the contract stone-dead, and place the Pat Railway; issue once more fairly before We country.” Coming from a supporter of, Jobn Macdonald, this is emphatic enough HANDEL’S “MESSIAH.” of Crncisnatt, O., Dec. 25.~An audience oF 4,000 listened to the oratorio of Handel “Messiah,” rendered to-night by a fest! chorus of 600 voices. Theodore Thomas 48 director, with the Cincinnati Orchestra, si- ty pieces, and the following soloists: Aliss Norton, soprano; Miss Cranch, contralto; Bischoff, tenor; Whitney, basso; Whitlng, organist. The Oratorio was performed 20 der the auspices of the Cincinnati Li foetity Festival Association, with the chorus alres dy organized for the festival of 18. T eit dition was shoroughly satisfactory. So ney’s rendition of “ Why Do the Nal a8 Furlously Rage? was received with fore applause, and during the singing of . felujah” chorus the entire audience sprans to their feet as if moved by a sudden foal mon impulse. ‘The weather was exceed! a bad, yet only about seven hundred seats os the erat music hali were without oct pant F