Chicago Daily Tribune Newspaper, January 4, 1881, Page 1

lie os VOLUME XL. CLOAKS, SUITS, AND SHAWLS, HARKEDDOWA PROTHERS “ Will to-day, January 4th, inaugu- rate their ANNUAL CLEARING SALE! Throughout the entire house. During the entire month prices will be made that will astonish intending purchasers. CLOAKS, SUITS, and SHAWLS MARKED DOWN. FUR-LINED CLOAKS, SEAL-SKIN CLOAKS and DOLMANS MARKED DOWN. Dress Goods MARKED DOWN. FLANNELS, CLOTHS, AND CLOARINGS MARKED DOWN. BLANKETS MARKED DOWN. HOSIERY AND UNDERWEAR MARKED DOWN. Silks, Velvets, and Plushes. MARKED DOWN. : Laces and Mandkerch’fs : MARKED DOWN. Winter Gloves MARKED DOWN. 50 ELEGANT Combination Dresses Imported for our Opening, re- duced to ONE-HALF. : It has been our custom for many years to mark down goods throughout the entire establish- ment in preference to carrying them over for another season, and it has been our experience that we have profited by so doing. Ladies in need of Dry Goods should not neglect to avail them- selves of our Clearing Sale Prices. STATE-ST. Michigan-ay, and Twenty-second-st. c OPERA GLASSES, &c. em Aa th. aoe aes Ho Fine Bpectacies sated t sights, on scte principles, Opera and "ad? cues nigyanseten iM Sroscupes, Buromutars. oc. Se ON MOEN R SS oe oon - TORENT, Third, Fourth, and Fifth Floors of 192 and 194 Stato-st., Or A ver Tho Vair. Apply ficenzoor 4 co's i, tw we EAL ESTA BsT. ATI i ee ee 10 CAPITALISTS, For aslo, sume uf the mast dosirable proporty tn the we consider apply, git Dearborn-at. Dusiogss portion of the aity, leased i eonamiine OB WEIL 7 PHO ; BESSIONAL. wari rote wal. ARMSTEONG, BUTLER & ARMSTRONG, ATTORNEYS AND COUNSELORS, ( Moom 97, Portland Block, Chloage, au FIRK INSURANG SPRINGFIELD | FIRE AND MARINE INSURANCE CO. DF MASSACHUSETTS, STATEMENT, JAN. 1, 1881. -82,082,585 ~. 1,000,000 63%, 700 Capital Ro-Ins. Reserve Unpaid Losses Net Surplus ......06. Total .. 220 case cneane 2006827 082,585 Policy-Moldera’ Surplus. ....$1, 868,825 LOSSES PAID, $8,000,000. CHICAGO STOCKHOLDERS, MARSHALL FIELD, of Field, Leiter & Co. EDSON KEITH, of Keith Bros, Western Department, 118 LA SALLE-ST. A, J. HARDING, General Agent, C, E. MANTZ, Assistant General Agent, CHICAGO AGENCY, 141 & 143 LaSalle-st. R. 8, CRITCHELL & €0., AGENTS. CHOCOLAT MENIER, For Breakfast | CHOCOLAT MENIER, Bold Hverywhere, PARIS AND LONDON. New York Denot 286 Greenwich St. ERRAPRU RC ree ordinates HOTELS. NORTON HOUSE, UNION SQUARE, NEW YORK, On the European Pian. Tlaving teasod the, above Premisas, altuated at the houtheast comer of Sroadw: 1d Fourtcenth-at, throughout, and ts now open for business, Rooms, for gontlonian, from $1 nor day und upwards, A tira: elias ttustaurant und Cafo {x wttachud to tho butel, with an ontranca on Broadway. ODERATE PRICES. ‘Tho 1 location of the houso offers superior advaniayen to cuninens me bolng easy of accurate Elovated ‘Train: And Gmnlbuaos to all parts of tis eity. deat SIOIETON formorly-of MOITON HOUSE, Groenwich, Conn, WROPOSALS. Proposals oe Cai aageuation 4 st ic Waters Works nn. Uxanguany its DEPART Ovvicy ov Ciuky Oty ST. Boaled proposals, in swe conditions, wall: i) nti 13 o'clock nvon, on the 2th which teonhd | time the: yi yo Opened in prosaneo of bidders, for furnishing all delinn ans. mnaterial,—in= cluding machinory.—roquirod In the construction and cominlodon, on tho Fore Snolling Allitary Moxerva- tion, of & system of Wator-Works for supplyiny Ho: partment i jendqunrtars, with wator, in acco with plans and apocitications on ft9 in omes ‘oF Chioe Guarlormustoral Chicauo, iit, and in this EIMABTE: ie Min jee, 29, 1880, ples to ins usiat is once, he ponal suio of #40 Taunt centnpany each jroposnt, Rod. a. Auld Wavertioome ried ‘ponttached to the ory ieee Ho right to rejectany or Ve fume of proposal, and full Information as to the Muannor of roidatyy . conditions to bo obsorvod by biddors, cte., will bo liralahod on application to the ‘Chief Quartermaster at Chicayo, or to this aftice. Knyclopes containing: biropuat should be markod sean batt for, canst muting: Wator sv orks at eort ino! , Minn,” and ad a8 0 the wn Tr Bay ane AAR, tle TOMPRING,, Vopaty QuartctmmatersGongra ral U. Be AL Chior Quartormastor, Ornion or The Commissioners of Lincoln " Room 84, Ashland Block, MICAGO, Jan. 8, 188 Iida will be recolved by tho Cammnanunors of Laln- cotn Park unl udsdlay, th fith Inet at 12 o'clock nuon, for Forty Elm ‘Frogs, to bo Payette on onat side of, thi Lake sbhore gS south of Wobn jeatlona Now a: RAY LON, Socrotary. OCEAN NAVIGATION. NORTH GERMAN LLOYD. New York--London--Paris. Bteamers sail Koery Saturday from Now Yorks for Southampton and Bromon Passengers booked for London and Varls at awost rates. Rates of passaxo trum Now York to outhamplon, London, Muvro, und, Tremien, tras cabin, 60; second-class cult, - turn fickute at Foquegd Tuloa, REM arse A Yont een tcleaas adie aud the only ayonty wala Us 10 sell these sti) stouih Cin Sts Gunyest ‘Agents. SESCLIENMUG, if Local Acunts, STATE LINE Todlasgow, Livervoo!, Yuplin, Holfast und rat rnumont reserves Londons Gerry, from N, ¥. ry 'Phurads Cabti TSH asoordlig 10 ‘a ‘sudorumodatice “Gocond Cable, jteeraue, vuteesd, en ‘Foose sieamure curry oe eALtiG, ahowN. ies. , BALDWIN & CO. i SURRMATEG Taye ttuudonteat, Cteaco ANCHOR LINE MALL STEAMERS Livia, aaX0l York and Glasgow : 2 CneNEN, Pan. Been | REM 100 ANCII 7 eo ateaniers do i noteatrr sat near ples aust Se TE NY yao Sto 1 6 10 B0. cursion ‘Lickets at Toducsd rates: iekbeusen aiaarate tse ts, 09 Washinuton-st. CUNAKD MAIL LINE, al ng eacfraus Liverpool: Cusstaiie a: Gas: Tie x aeons Ditiia Boleeat atid Laaadary. ots oem pays Calon, cafaer Ol a ay ph-ats., vet ie tea Blea ee vein ee ara Wanern Auone KIN CAPS, ~SEALSICL. IAPS, “Alexis, Driv= ing, College, Jockey, and Koll Band shapes made from choice Shetland and Alaska Seal, Lowest Prices at BAUNES' Hat und Fur sore, 80 Madison-e (Tribune Bulldiny) . ' TUESDAY, JANUARY 4, Special Bargaiiy AT THE PUTNAM Clothing House, WE OFFER TO-DAY 1,000 PAIRS MEN'S ALL-WOOL PANTALOONS, ‘DIFFERENT PATTERNS at the LOW PRICE of $2.50. This lot of Pantaloons are of our own make and warranted strictly all-wool. We shall place on sale this morning a large line of Cassimere Sack Suits, SINGLE BREAST, VERY STYLISH, WARRANTED STRICTLY ALL WOOL, In this lot of Suits we can fit only Youths and small Men, the large sizes having been sold at $Z2O.00 Per Suit. We now offer the bal- ance at the ASTONISHINGLY LOW PRICE of $12.50. LARGE LOT OF FANCY SHIRTS, SLIGHTLY SOILED, sizes 141-2 to 16 neck, to be closed at just HALF PRICE, which is 75 CENTS 76 Each, which is a great bargain. GENTLEMEN, please remem~ ber our ENTIRE STOCK of WIN. TER GOODS are to be closed be- fore FEBRUARY ist, at prices that must. draw CROWDS OF PEOPLE, Putnam Clothing House, 18) & 183 Clark, and 117 Madison-st, MINER, BEAL & WACKETT, Proprictors and Manufacturers. W. 1. FURLONG, Resident Manager. ce SEC a 0 AILOR TAILOR 20 PER CT. DISCOUNT On all HEAVY WINTER GOODS during January, and 10 PER_CT. DISCOUNT On ALL OTHER GOODS during same month. EDWARD ELY & CO., TAILORS. INMPOR'TEH WRS.NCA. CONNELLY 4% East Sixteenth-st., NEW YORK, Will continue her Opening of Im- ported Costumes, Wraps, etc., in the Parlors of the Grand Pacific Hotel, for one week longer, up to Jan. 8, 1881. CHOIGE FRENCH GOSTUMES At Less than Cost of Importation! = soe ATOLWIAES? MELTINGS, “Sookholdrs’ Meeting, CHICAGO, Doe, 6, 1890. ‘The Annual Meeting of the Btnckholders of “Tho Commorcial National Bank uf Chicago,” for tho Kloc~ Uun of Directors for the ensulny year, will ba hold at the offices of sntd bank 1p Chlenzo on ‘Tuosday, Jan, 1, 181, botwoon the hours of 4 und 3 o'clock p. 1. GEORGY 1, OTIS, Cashier, Stockholders’ Meeting, e storkunlders of the cust Conipany of Chis the wlocton wo ‘Trustoos fortis ee Your, and slay for tho transnotion uf, sush usher, bust heasus tay conio up beture the tavotlng, will Uo hold ‘xt the ofhos of the Cunipany in Chlengo on the fourth oe ‘of January, 131, butwoon to hours of la, 2 10. bloat, ‘Doo. 23, 1550, HENRY ¥. IOWE, ‘pucrotury, (The anuusl meoting o dorchanta’ Savings La. OF BIL NGES. DISSOLUTION, ‘Tho frm of M.W. WILKELICLE & CO. has this day beun duscived by futual, consent, BM: Whuelur ra: Uilbw from tine fens und will colluek all gutatand Ad Recounts and’ pay ali Habilitios uf tho tent at Whoolur & Co, a. We Wi AL WHEEL EI . Ke ie i] «Pen tent tne vB Chieago, Jan, 3 188), arden TcCORDGPHILLIPS COMMISSION MERCHANTS, Only Se Maryina on Wheat and Ae, on Cort required. (54 La Salle-st. 1881—TWELVE PAGES. Bye Gribune, JANUARY TUESDAY, 4, Sh ay IEE: ¢ Lonton Tunes joyfully wnnounees that there fs no reason to doubt thata strine gent cvercion bill for Ireland will be intro- duced at an enrly day In the forthcoming sex sion of Parliament. [ts Dublin correspond: ent draws 2 gloomy pleture of the state of things in the Green Isle, and hotds up the people to the gaze of tho world as a lot of Iawless disloyalists, It is evident, however, that ifa coereion bill is introduced there will ben bitter opposition to its passage on the part of the Home-Rulers, So moderate man as Lord-Mayor Gray of Dublin, address- Ing his Carlow constititents, said that the Irish members should oppose coercion at the risk of defeating a Nberal Iand bill, Meot- ings continue to be held notwithstanding the recent Government prohibitions, Davitt ad- dressed one of the largest yet held at Lough- roa, Galway, last Sunday. { Jupar Frrzaenanv diversified the pro- ceedings in the Parnell-Dillon trial at Dublin yesterday by remarking thht the counsel for the defense were indulging In “ rigniarole? in reading certain speechesof the defendants and thelr friends, and ndded that if the course was persisted in the Court! would have to sit from 10 a, m. to G p.m} Tho defendants? counsel continued to rend:the speeches, not- withstanding the extrajudicial speech of the Judge. It ts probably thelr purpose to make the proceedings as ridiculous ns possible. Parnelt: was cheered: by the crowd in the court-room when tho Judges rose. Arr tho enticus of the Republican members ot the Lower Mouse of the Peunsylvanin Legislature, “held. last evening, and whieh was attended by 120 members, the Oliver fol- lowing showed the greatest strength, They eteeted thelr man, Jol M, Poltery, Presl- dent of the caucus by a vote of U9 to 51 for the nominee of the Mon, Galusha Grow's supporters. ‘This is taken as virtually de- elding tho Senatorfal contest in fuver of 3Ir, Oliver. Much surprise was expressed at Mr. Grow’s weakness. Mr. BL. Hewett, of Blair, was nominated for Speaker of the Liouse. H Sevenat of the Eastern members of Con- gress who were in favor of tho Wood’ Re- funding bill before the recess are sald to be opposed to it now,—among: pthers Mr. Chit- tenden, of Brooklyn, who 1g generally cred- ited with voicing tho sentinent of Wall street. Secretary Sherman and other Treas- ury officials are doubtful whether a 3. per cent bond ean be flouted, anu generally there Is enough evidence to Iead to tho bellef that tho opposition to the bill will be quite strong, and may prevent Its passage this session, * Srcrerany Scuunz, whosename has been frequently mentioned of’Iate in connection with the mission to Berlin, says that he would prefer any othor first-class mission to that. It would be «source of great embar- rassment to him as a native German to act ns the Ambassador of tho United’ States at the German Court, It is generally belleved, too, that Gen. Gartleld will, notrth all Prof. White, tho present Minister to Gerdiany. Mr. White is un intimate personnt friend of the Presl- dent-elect. EVAnTS Is reported to have said. tint Senator Blaine will be Secretary of State‘in Gen, Garfield's Cabinet. ‘Che other members, according to the-same authority, are: Secretary of the ‘Treasury, James F, Wilson, of Iowa; Seeretury of tha Interlor, D, OU. Mills, of California; Secretary of War, Senator Don Cameron; Seeretary of the Navy, & Southern Republican; Attorney- General, a New York Republican; Post- master-General, an Indiana Republican, Secnera Amonc the fires reported: yesterday was a $40,000 one at Curmi, HL, in which Brennan's dry-goody store, Carver's: grocery store, Stewart's drug store, Kokal’s hardware store, Willis’ photograph gullery, and the Normal School were burned. ‘The Method- ist Chureht at Modoe, Ont., valied nt $10,000, and the grocery store of Hickman & Graff, and the tinware store of 4. 1. Hendricks, of Leadville, Coto,, valued at $6,000 exch, wero destroyed, ‘Tuy Lower House of the Tennessee Leg- islature organized yesterday by the election of William B, Ramsey, Republican, of Shelby County, as Speaker, ‘Tho Sennte balloted twenty-five times for Speaker without, re- sult. In the evening a caucus was held, at which both Low-Tax and State-Credit Domo- ernts attended, and a resolution to vote for a Demoerat for Speaker of the Senate was agrecd to, Both faetions of the Democrats aeted In harmony. A-Duprain dispatch says that It 1s rumored that Attorney-General Jaw will‘ anounce next Friday that tho Government docs not wish to proceed with the trial of Parnell and his fellow-traversers. ‘Tho excuse will bo that the Queen’s speceh of the previous day indleates that amvlloralve measures will be introduced and that thelr elfect will be triad fivat, if the trial 1s abandoned, however, tt will be because it hag seusnocatia into a farce. "Tus recelpts at Fat the Chicago Post-Ofiice for the past year have been $hiH0.805, “Che ox- penses of the offica are $80,207, and the letger-earriurs were paid $175,050, showing a net profit to tho Governinent of $865,502, "The total racolpts In 1879 were $1,170,540, and in 1878, §1,027,0H, ‘The Increase in tho post 2fores during the year has. bean only seven, Postuaster Palmer says that a much larger foreo will be required during this year, fon Pall Matt Gazetto-is waging a vigore ous war on the English annexation policy as regards tho ‘'ransvani, It looks on the Boor rebuilion very lenfently, and: Inthwates that when the full histury of the events which led to itis made knowa It wif! ‘bo, found not at all creditable to Englistt cglonint policy. it holds thut tho reasons uiged aust allow- Ing the Boers to go are shadowy." Tu Hon. Emery A. Storpkat this. alty, and ex-Gov, Chamberlutu, of Bathe Carolitia, willact as Cadet Whittukor's copjzel before the MUitary Court recently: appoktted, Prof, Greener and other colured trlondsot Whitta- ker nro gatiailed with the compasition of tho Court, A majority of the members aro not graduates of tho Nation! Acadewy. A menbep of the Congressional Committco which investigated tho Phelps, Dodao & Co, case, in which Senator Bayard charged that Senator Conkllng, Vice-Presideubylect Are thur, and ex-Secretury Boutwellfayere con- corned, was interviewed" by a SispuNe rep- resentative yesterday, Habald tatthe tin was only. gulity of a tuchnicgl vildation of tho Jaw. and that tho utmost. cctant of the Government claim was $1,500, Special-Agent Jayne, however, so worked on Mr. Dodge's fears af had inspeeted the firs books that he was willing to pay anything in order to avold the scandal to which thelr exposure would lead, and patd §231,000, ‘The Congress- man thinks that dayne divided the portion which came to hin under the molety system then in yogue with Gen, Butler, his counsel. Tue London Lorca, tn commenting on whnt It regards as remarkable Inercaso in our population during the past deende, nct- mits that Britain has oceaston to be envious, It alludes to the fact ‘that the 11,000,000 peo- ple that have begn added are nearly all tntel- ligent, well-educated people, who understand their duties as men and citizens, —ne ‘Tse: Bonrd-of-'Frate election yesterday re- sulted in the cholce of the following officers, who wiil hold during the year: Vresident, H.W, Rogers, Jrey Second Vice-President, Willlam E, Mellenry; Dircetors, W. 1, Walker, A. W. Green, S.A. Kent, W. iL Goudnow, and George H. Stdwell, —_—_— ‘Tn: representatives of the Cheyenne River Sloux left Washington last evening. In tak- ing Jeave of Secretary Sehurz they expressed regret that his term of office would be soon atan end, and acknowledged that he jad done more fer the red men than any other white man. ‘Trt: German colonists in the Votgn prov- Inces of Ruagslt, usually the most prosperous and thrifty auriculturists of that country, are sald tobe in a half starving condition. In one settlement of 7,000 people there are snid to be only six families not in uced of alms. Ax ordinance was Introduced into the City Coynell last night by Ald. Clark providing that after the 18th of April the sidewalks to be butt in thut part of the South Side north of Van Buren strect shall be of stone or other Incombustible material. : ———— Asona those whose deaths wereannounced yesterday were Miss Annie G, Wilcox, 0 imuste-teacher of Allegun, Mich. : Mrs, Saralt Smith, a public sehool-teacher at Eteln, IL; and George Hamilton, « stock-ralser of Mc- Lean County, in this State. Tux recount of the vote In the Fifth Sena- torial District was completed yesterday, and the result shows Scharlau’'s vote to be 8,547, and Mlerosinwskl's 8,509, which gives Sehitt- Inu, Republican, the third seat In the Lower House by a majority of 33, ——— Exoci Estuny, the veteran editor of the Peoria Transcript, hus retired trom that posl- on, and will suon begin the publication of a new journal to be called Emery's Dally Peo- vlan. Mr. W. Given succeeds Mr, Emery on the Lransertpt. er Henny Borroy, of Memphis, found a barber named ‘Tate in bed with his wife. Burton shot at the Intruder twice, and ‘Tate returned the fire, killing Burton. ‘Tate Is seriously and Mrs, Burton.slightly wounded, ——-= A sManr naval encounter between the Chilluns and Pernyians occurred In the Bay of-Linin on the 4th of fast nonth, - Both par- fics retired to their respective quarters con- alderably damaged. Sr. Lovis hing always been a wicked city. 'The present timed is no exception to the rule. It, has seventeen gambllug-houses in full blast, and about $10,000 chnnge hands In theso hells nightly. Tru: thermometers throughout Wyoming Territory averaged from 35 to 50. below zero last. weok, and some of tho residents swear it would be colder if tho thermometers were longer. Josern W. Mise, the defaulting paying teller of the Pocassett National Bank of Falt River, Mass., and who was supposed to be in Canada, hus been arrested In New York Clty. “‘Trens were 204 deaths in this clty last week, of which thirty-four resulted from diphtheria, In the previous week there were only sixtecn deaths from that disease, Brenvanp Garrsey and Join MeDonald, two miners employed ina Carbondalo coal pit, were killed yesterday by tho falling of tho coal over their mine chamber, Tuncky does not want arbitration. It wants a new Conference, to which both Itself and Greece shall bo: parties, ‘Thus endeth the Bismarckian plan. Joun M, Ssuriz, a sewlng machlue agerit, was arrested at Janesville, Wis, yesterday on wehurge of embezzling $1,500 of his em- ployers’ moncy Tye Jeading Demveruts of this State will meut at Springfield on the Ut Inst, to deter mine whether the Bourbon organization shall be abandoned. AsKvenk frost Sunday: night has ruined the ungathered orange crop of Florida, and many of tho young plants have been de- | stroyad, Fon the first thno in’ wenty-tive years the ground in the vicinity of Augusta, Ga. has been covered with snow one whole weuk, Divirrnenta, orlginating from dofective soworage, has proved fatal to five of Mr. Samuel Krump’s fnmily at Orange, N, J. Tur receipts at the National Treasury from, internal revenue for lagt month were §12,- 005,017, and from customs $14,717,000, Stosson has challonged Vignanx to play 9,000 poluts for 6,000 fruncy, the game to bu played ou a new table, Te Boers realding in the Ornige Free State are fraternizing with: thelr kinsmon in the ‘Transvaal. Tr Is bolleved that the Arrears-of-Vonsigns act will cost the taxpayers of the country $22,000,000, oe Stowsy rising temperature and agenerally improved prospect as to weather ts jndivated for to-day, Tue public debt was reduced by 85,690,480 durlag the month of Decomber. TREASURER GATES’ DEFICIT. », St, Louis, Jan dit is understood that a cheek for Gywards of $300,000, the amgunt of the deticlt of SthtyTreasurer Gates, ocene aloned by the fallufo of. Aho Masthy Bayls ae Kansas City over a youre 5K, 1, WII be deposited Inthe Bank of Commored-ot hiils city, to-day or to-morrow, to remaly, there, Aetgling cor: tala legislation, when ff with be fernell; over to the State ‘Treanuyar, ah r The Chicago Daily Tribune. WASHINGTON. New York People Indisposed to Accept the Naval Portfolio. They Prefer the Post-Office De- partment, for Its Pa- tronage. Perplexity of the President in Finding a Man for the Short Term. » The Army Bill Will Be Brought Up in the House To- Morrow. A Democratic Caucus on the Electoral Count to Be Held at Night. Wall Street in Favor of the Three Per Cent Bonds tor an Evil Purpose. Secretary Sherman Against Them, and the Bankers Waiting to Be Traded With. Needs of New Mexico—Schurz and White, and Berlin, and the Indians. Mrs. Obristiauoy Evidently the Victim of * Scoundrels—The Great Pousion Bill. CABINETS, CUSPLIGATIONS. Speelat Dispatch to The Chicago Tribune, Wasiinxatoy, D. C., Dee. 3.—The optuion of the Attorney-General makes It necessury forthe President to appoint a Seeretary of the Navy, instead of desizuating another member of the Cabinet to serve temporarily, In the First Instance this is-what the Tresi- dent expected to do, and he gave his friends to understand “that he Intended to ap point a Southern man, Some difftculties appear to have arisen in that direction, and one difficulty was recognized as attending 0 se- lection from any quarter named, —that the tine of holding the ofiice would be too brief to Jus- tify any one of prominence in desiring a present position or occupation for the re- maining weeks. of resident. Hayes’ term, having been offered to MIt,-MORTON, OF NEW YORI, with the nysurance that he would be retalned by Gen. Garfield are not ‘eredited, “That it has been offered film, and: that as an induce- ment to his nceepting’ it the probability of Gen, Garileld retaining urged upon he declined ft the ground thut he would = Jike nething but tho ‘Treasury cannot be true, since he was fally fuformed, when Gen. Garfield was here, that he could not be made Seeretary of the ‘Treasury. : GEN. GANPINLD'S NEASONS, then communteated to him, were that the him has been is believed. ‘That on hha, moneyed men in the campaign, and . there have been yarlons reports eince that ho would be well pleased if Mr. Morton would uccept tho Nayy Department. Now -York amen seem, however, altogether unwilling te agree that they will be content with the Navy De- partinent, Its patronage fs of Mttle conse auence to the Sate outside of the Mrouldyu Navy-Yard. THEY THEFEI THE Posbovrici: DREAMT: MENT to that, and for this position Mr. Conkling Is understood to want Mi, ‘Thomas Viatt, or some other specinl friend of hisown, It is also well known that Gen, Gariteld, when here, took the position that hoe could not retain any one member of Vresl- dent Hayes? Cabinet without reflectlug on tho rest, and this is thought to dispose of the story that he had caused Mr, Morton to auderstand suthoritatively that he would rotila hin, since retaining the niem- ber who had gerved only a few weeks would iinko the embarrassment much greater than to select some of the oldest ml more proml- . nent members, IV 18 ALSO CERTAIN that some of Mr, Mortun’s frionds, if not Mr" Morton himself, have looked upon thts tart der of the place from the T'resident us 3 mmoya to dispose of iim forn place under Gen. Garfield, In view of the general objec (lon that would bo made at the elase of tho Hayes Adulunistration to retaining a member of the Cabliet, and, In view of the elrcun- stances, the least conspicuous one. At any rate, Mtr, Merton's trlemta say ho hns do- clined tho offer of the President with thants, -PROGRAM OF TRY, DEMOCRATS, “Speclal Dteputch to The Chicago Teidune, Wasiutnatos, D, 0., Janu. 4—It is sald to be tha purpuss of the Democrats now to bring up the Army bill on Wednenlay, as thoy do not unticlpate that there will be o full attendance the first day of the sesslon, and do not wish to proceed with the Funding DIN until thors certainty is nquoru, ‘There ala will be a caucus of tho House Demo- -eruts on Wednesiay night, nt which the attitude of tho Domocrats with respect to the Klevtoral eolins will probably be dein FUNDING, ae > VARIOUS CONSIDERATIONE. E Bucctut Dispatch fo The Chicugy Triduns, Wasuinatos,, D, G.,-Jan. Fernando’ Wood, it appears, ts moro cnthusiastle about country would not be satlstied If the Trens- ury Departinent and the Custom-House were both in tho hands of Now York men. Gen. Garfield, at the same time, expressed his deep senso of obligution to Mr, Morton for the great service ho had rendered among J tho, prospect of the Funding bill than the Hy SHIVE CENTS. PRIG:S bao! It ts, doubtless, quite true, "we; that mostof the Congressmen lave ithe subject no attention during the rd ad Some of them never have (and never with give it attention at any tine. But some of the Eastern men, representing Wall street—the bankers and other galdites—who have arrived here to-rlay, say that they have eonslilered ft, and one of thom atleast (Chit tenden of New York, the most radical of © goldites) seems to have changed his mind, Before the holidays CHIYTENDEN ENPRESKED CONFIDENCE in the main fexturesof the measure, beifeved In the wistoim atid necessity of some Funds ing bill, and lind Httle doubt that 05 per cent bond contd be pinced. After having had Numerous conferences during: tha recess with some of the New York banking nien,- however, he has returned with his confidence In the ability of the Government to float a 3 percent bond weakened. He now doubts whether this cau be done, unless some con- cessions shall be made to the banks in tho way of a reduction of tax. Whether such aries will be made Is yet to be deters inined. IT 1S PRETTY CERTAIN that a mujority upon the Finance Committees of the two Houses would) favor a considers able rednetion in bank taxation, and tho vote before Christina upon the eheek-stainp repeal showed that there fs 4 large majority of that body bn favor of that measure; but whether any bi fora considerable rellef of the banks will he passed nt this session may be doubted. ‘That bank taxation will be con+ siderably reduced within two or three years, however, there Is now no reasonable doubt. Mr. Wood, tov, seems to have not been thors oushly Informed as to THE POSITION OF SECRETARY SHERMAN. At lenst, Mr, Sherman has given a contrary impression to some with whon he has talked. Seeretary Sherman ling never yet had the fullest confidence in ad per cent bond, and thinks that Congress ought to. give hitn the diseretion whieh he asked in his report, but he Js so anxious to have some funding mensure passed by thls Con- gress that he will not be Hkely to raise any techinigal objections If {t shall seem vrobablo that uny practleal sehemo can passy It Is a fact, however, that within a few days Secretary Sherman has expressed hhuself to-some ot his friends as doubtful whether any Dill would be passed by this Congress, EVERAL OF TIS TREASURY OFFICIALS to-day said that no one atthe Treasury really expects that refunding operations will bo materially forwarded by the passage of the pending Refunding DUE untess it Is mas terlally nuended, Secretary Sherman him- self to-day said he did not like to interfero in the matter further than to secure, if pos- stble, to his) successor n law that wilt undoubtedly be a sticcess, “My opine fun,” continned the Secretary, “has been asked by many of the members of Congress, and I have advised them fn alt eases to vote forthe measure on the best form fn which It coult be passed in the House of Representatives, with a view toamendinent Inthe Senate, aud a fuller diseusslon there of the details of the bill, £ statement here in regurd to the plice | have seen no reason to change the opinions expressed in my anual report? ANOTHEM TREASURY OFFICIAT, sald: “A careful computation, based upon the market price of United States secnrities, shows that the borrowlug power of the Goy- ermnent -ling never yet reached: -80> favorable nu. point. as 3 per. interest yielil to tho Investor of 44 per cents: a their present priee, the 4 per cent consols yk percent per annum, and they will huss tosell for more than 119 before thoy will pay as little ng 3 per cent. ent ruling prices $ per cents, having the sane time to run that tho 4 per cents hive, , 1) COMMAND ONLY OF CENTS. agury note’ feattre of the biz supported by the Committee of Ways and Means bears very Ittle resembluice to the carefully matured recommendations of the Secretary of the ‘Treasury, ‘The Secretary proposed that Congress should authorize the isstta of $400,000,000 of ‘Treusury notes, which would be substautinily tho samo as bonds, Jnasmuch as thoy were to be In both registered and coupon form, to matureat diferent pertods within the next ten yents, the amount maturing In any one year not to excoed the sinking fund for that year. ‘The Sccretary would thus have provided for: ubout three-fourths of the redeemuble bonds, estinating the struightout redemptions dure {nys the coming year with the auticipated sure plus revenues at about $10,000,000. Tho Comittee proposes to authorize $400,000,000 of J per cent notes, redeemnbdle after ono yeur, and payable after ten years, the amount redeemed at one year not to exceed ‘$40,000,000, THE FEATURE OF GREATEST NOVELTY igcontained In the provision that the pare ticular notes to be redeemed ench year ara to be determing by lat. ‘Tho lottery system has been found to work well fi some coun tries, where loans are frequently placed at a discount, and where, In the annual drawings, tho chance of drawhig a prize,—that fs, of having his bond drawn for inent at par. is nu inconsiderable clement fn the calcula: tion of the investor, It fs doubtful, hows ever, If tho mass of the American peo- ple, and especially of the Sivestor classes, would nporeelate a lottery as feature of Natlonal finance, the Government will control tho drawings, and thus fusure falrness, might, however, bo arecommendation, ‘To provide for the re tinainder of the redeemuablo 6 per cent bonds, tho Conumlttes’s bI! authorizes an issue of bonds to be redeomable after twenty years and payable in forty years, IP 1S GENERALLY ADMITTED that the seenrity must be a long one If It is te carry buts pur cont Interest, and, tn fact, this weakens faith in the ability of the Gov. ° ernment to disposs of | so large\, an aiount of one-to-ten-year 3 per canta, ‘Lhy {allure to mako any provisions for ree funding woukl coxt tho Government about §15,000,000- annually, but tho passage ofan. fupraeticnblo refund ensure would, it - Is feared, huve au still nore damaging effect, not only upon tho finances of the Govern ment, but upon those of the country at targe, ° SECRETARY BUBRMAN'S PLAN possesses sufllelent clustielty to enable the | ‘Treasury Departnent to command ay ample * success, Wall street, almost to a man, is. favoring the passage of the Wood refunding 7] DIN, but Wall street does not wish to have a succeas{ut refunding measure passed. It owns, or practleally owns, 8 large proportion . of tha outstanding 5s and Us, and, naturally, prefers thom to bonds Doarlusn lower. rate of Interest,” TIE BERLIN MISSION, SCHURZ AND WHITE, Speciat Disputeh ta The Chtcayo Tribune, Wastinaton, D, ©. Jan, %-—The cable. dispatch from Borlln, stating that there wore rumors there. that Seeretary Schurz night suceved Andrew D, White as United States“ Ministet, hus caused sume discussion, ‘Tho’ result has beon that Secretary. Schurz ios, iuagle the very positive declaration thathe nas nover thought of being appoluted to thag pos sition, and that If ho has ever desired to have’ a foreign mission he should not choose Bers lin, Many persons have thought that Schurg ° woukl bo much pleased to be sent as Minister . tw tho North Gurmuy Confederation, bepause+ ‘The fact that: * cents: ‘Lo-duy the prices give an average annuat, f At the pres” :