Chicago Daily Tribune Newspaper, January 13, 1881, Page 1

VOLUME XL. THURSDAY JANUARY 13, 1881 SILKS AND VRLV! “PRESENT LOCATION,” Madison and Peoria-sts. “NEW SITE," 100,000 YARDS State and Madison-sts. mbroideries! sie Our Own Importation Ni i LKS! LEGANT ASSORTMENT. Landsone New Designs 4 Our order for the hbove Goods was laced early in the spring, to enable the nanufacturers to give 1s PRIVATE and EX~ PLUSIVE PATTERNS mud DESIGNS the new- t (exclusively our pwh). We have never shown so elaborate an ssortment ot INE EMBROIDERIES t any previous sale, and are justified in fmeking the assertion hat we show an as-= sortment not equaled, ny where in this coun- ry. Bppectal attention ts invited to widths at 3c, 5¢, 8c, and I0c, Extra Widths at be, Ic, 20c, and 25¢, Choice Wide Widths at B0c, 35c, Ate, and 50c, aur Annual Clearing Sale n-Every Department ill be continued dur- ng the entire month. STATE-ST,. fe Michigan-ay, and Twenty-sccond-st. OCEAN NAVIGATION. ORTH GERMAN LLOYD. New York--London--Paris. Picumers sail Kvery Saturday from New Xorls for Southampton and Bromen, Fassongors booked for London and Parts Ita ert from Now cork, i men, tirat $0; ntoe: it at reducud moe. ‘ON LAIC Rot a ‘Grou Ne ts Tho atocrawa te orn German Lord from rowan to Clioue a Hie the only auvnls authorizud to, suit here Uuckotd South Clstk ata, Gears de ala 104 Fifth rare i Mooat ‘Auonts, STATE LINE ‘ow, Lvorpool, Dublin, Halt front N. Yor overy ‘thatradaye “lo wooo aera a That were always considered ex. cellent value at 76c! Sl.00! SI.26! S1.60! ‘Will be marked down to 60c! 7c! $100! $1.25! Each price represented will in- clude “Colors and Blacks.” BROCADED Silk Velveis! 20 clfrent shades, including Blacks,” Sold them sixty days ago at $4.00. “Our New Price,’’ SL00! SAMPLES MAILED. “AS USUAL,” LEADERS OF POPULAR PRICES TRIPLE POWER ELEVATORS Are simplo and porfect, and are as cnsily oporated as any Elevator, and save fully ONE-HALF Tho water. They are so constructed as to use Dut a portion of the water for light loads, and still the power fs always In readiness to raise a heavy load if neces- sarye Information and estimates given upon application in porson or by mail to W.E. HALE & Co. 103 State-st., Chicago, * SELECT TAILORING, 20 PER CENT DISCOUNT Onall HEAVY WWINTEI goods during January, 10 PER CENT DISCOUNT On ALL OLHER goods during same month, EDWARD ELY & C0., Tailors, VIRM CHANGES, CHICAGO, Jan, 1, 1531, MARTIN A. RYERSON ‘Hoa this day boon admitted asa Partner inthe Firm of RYERSON, HILLS & CO,, of Muskegon, Mich, MAWTIN RYERSON & CO., of Chicago, It, DISSOLUTION. ‘o whom It may concarn: This {s to cortify that tho feuof Gilbont Hioliartk baewone dere tanatace. Urory, haa thit'day dhavived sutd ‘copartiorship by Inutuid nygreen a stat Gitburd and Lotmar Bare heraby autho: fr collvct und. wottlo sil Oulstande Ing wegounts at No, 25 Wont t Laka-at, TON ALL HELO, WIS LIEEMA IK, PETER LAGOS. Chicago, Jan. 12, 1781. CHOCOLATE, GOLD MEDAL, PARIS, 1878. BAKER'S Wye di cata 00! ‘oulwi a fone alumieera carry tae Steer neler eattio, auuey ALDWIN & 00, SS Broaaw Handolpn. SURREY ang Me dtango eta Chtearo ANCHOR LINE MAIL STEAMERS New York and Gis: 1, ANCHORT A. LOULA, F Nat with other Ingrodlents, in- vigorating and agrecablo allko to {nvalide and porsons fn health. ‘To tho alck {t ylolde a dellcato and tempting ‘bevorago, when other nourislimont fs unpulatabto and indigestible, Aso dict for a not EA, BLYSIA. 1A, Jane are excumidaivekou tk Peducod raton, re an invaluable, MENDERHON UROTTATS, ts Washlogton-at, Re pies everywhere, UNAKD MAIL LINE. ° KBR & CO. Vv Ree aR Forts Pas- yerponk, “Guwen rt ry at lowest ratoa, nek pd tanigol plata, Oat rates At VaILN It aml Western Aware bit __faKDICATED ) BOUGIE! A POSITIVE CURE Without medicines, Allan’s Soluble Medicated Bougios, Patonted Oct. 14, 1810. One box wilt cure an four days or less, ws eure hi Ue Ohsttnato Ease, no inattor of f cubabs, copalbs, oF oll of san- falwoud: to x wyuring Areata Sinuage.Teepela by do: jou, 4 ior alt Lrayutets; or mailed on re- or funtier "Yortat usthef particulars send fur sirpuleg. AND CHEA: AE a VOIR Rabe Hig NaR ed vf LIEBIG’ COMPANY'S EXTRACT ouccess and @ boo guid teal mate te ese "" conn iets idee wuine only with the fac-stmite Of Gatun laobu'e o ot Batea, ines Signature in Blue ine (ensuupiiog in Bogiand increased ten-fold LIEBIG “COMPANY'S EXTRACT ons Wire FOR wi SAUCES. Ko. lo. age jon. Xo suntegous bmn ‘sag’ Chemists, ie, for the Beate Dulesaio snl U Bs dois, Now Yous, ruta fen eeceiaig a Bag paved CIEBIG “COMPANY'S EXTRACT CLOAKS, RUITS, aes ‘Cloak and uit Dept. Prices Reducesl. Field, Leiter & Co. STATE & WASHINGTONSTS., Have made thelr usual Annual Re~ duction in prices throughout their entire stock of CLOAKS, DOLMANS, COSTUMES, and COMBINATION SUITS. Jackets and Ulsters At unusually low prices, Bargains in Fur-Lined Garments, Silk Dolmans, Fur-Lined, Ranging from $£0 and upwards. Satin De Lyon, Fur-Lined, $50 and upwards. Combination. Suits In fine variety and very cheap. Also, a fou IMPORTED WALK- ‘ING COSTUMES and CARRIAGE and DINNER DRESSES at prices to close. EXAMINATION SOLICITED.» oo INS! URRAN' Ce, Seventy-first Annual Exhibit HARTFORD ire Insurance Co. Cash Assets Jan. f, 1881, - = - $3,701,379.47 Al Outstanding Claims {being les in process of aljstmen), = AN1224.76 Reserve for Ro-insurauco, » «=< = (901701 Surplus for Poticy- Holder, = = 247,937.70 Capital Stock, - - - + ee + 1950 000.00 SURPLUS OVER ALL, $1,177,937.70. @. F. BISSELL, Manager Western Department. P. P, HEYWOOD, ‘Ass't Manager Western Department, MOORE & JANES, City Agents, Ocean Marine INSURANCE! MANUFACTURERS F&M. INS, CO. OF BOSTON. GUO, CLARK.& 0, AGENTS, {Gi & (63 LaSalle-st. IMPORTS.OR EXPORTS. Certificates fasued payable in London If destretd.: Woven Wire Bed Lounge. Upholstered in any style. <t Gives a perfect Woven Wire Mattress Bed. When closed has no eppearance of a Bed Lounge. MANUFACTURED ONLY BY INION WIRE MATTRESS 00., G7 SO North Clurk-st., Chicugu, PRUNES. % of AML Day t0 8 charitable tzautation $5109 jn gen Lnuulitel erates thas can, be Oy tie Fre tat we cunuat rola with the PARTE tee Paiva COMMONS aeNaR TRUBS pavoted July i ia » MUTMAN & PAliCE It tate: pasar lo patoatue, has ia rience $yeare with Maring By, Navy, aud ensionere, she Gorermuvubasvins ‘Gur appllaice a6 tae bust Ju use. by cured te Bava fall Yo our oe es thas can queria a of SEAMLESS-HEEL PUASTIC STOCKINGS, ———_— Patented Mureg ua. tu7a Patente Specgnoles sued. tos ha a seit “on scien py alesco pet, \ \ pri plo’ Opermand Field Eonodpea, uafoiuviurs ore? EMBROIDERIES, Embroidery SALE! PARDRIDGUS. (ur “Spring Importation’ EMBROIDERIES Now Opened. The newest and most elegant line of these goods now on sale in Chicago. It being: impossible to give an explicit de- scription of this class of goods, werespect- fully ask “inspec- tion,” assuring’ the public that “no such value” is shown else- where. We have fol- lowed ourinvariable rule in this instance, that of giving the very best value for the least money. Same Goods at our WEST SIDE SPORE, 284 & 286 West Madison-st, PARDRIDGES’ Main ‘Store, 14 & 116 State-st. N, B.--Stmples sent on application. een as Sata ES TS. La a ae ne me FIRST Til TIME IN IN CHICAGO. FIRST-Cl CLASS ENGRAVINGS, IN FIRST-CLASS FRAMES, AT AUCTION. ON FRIDAY NEXT, at 10 o'clock, we commence the gale of our stock of Framed Engravings, Paintings, &c, At our Storo, 18! Stato-st. ‘We want the money and are hound to sell, Col, ELISON will have charge of the uale, WOLCOTT & C0, 1N1 Ntate-nt, HANANCIAL, WE OFFER UNTIL JAN. 15, 1881, $100,000 Jacksonvill Salein Railway Company First Noleage 6 Per Cent Yonds AT 103 AND INTEREST. WIESE HONDS nro tho balance of an io of FUGUW on Oo nutlon of rund, belay nt thy rate of ant ny por mily, from dacksonvilla, 11, to bl ithe! above rullrond courts ne both dackanny tte ana litehtield with the WADABILand ALTON HALLe NO BETTER or SAFER INVESTMENT THE MARKET. FIRST NATIONAL, WANK, HENSON'S POROUS BLASTER, “THE BEST AMONG A THOUSAND REMEDIES FOR COUGHS, BACK-ACHE, Kidney and Splual Complaints, Do not confound It with the common Purous Ph McCORDG PHILLIPS COMMISSION MERCHANTS, Only Soo Murgina on Wineat and ¥e, ow Corn required, » 154 La Salle-st, —TWELVE PAGES, Bye Gribune. ~~ PHURSDAY, JANUARY 13, 1881, Senator Davis, of West Virginia, pure stes Is old hobby with untlagging industry and unabated zeal, He introduced a resolu tlon {ti the Senate yesterday instructing the Finance Committee to inquire into the advise ability ofa better system of bookkeeping, col- lecting accounts, sufe-keeping of money, ote, In the Treasury Department; also to report on the advisability of transferring the con- trol of the Life-Saving Service aud Steam- boat Inspeetion to the War or Navy Depart- ment; and, further, to place under the con- trol of the State Dopartinent all matters cou- nected with domestic or forelgn commerce, Senator Logun’s resolution on the franking- privilege was debuted, Seuntor Edmunds supported and Senator 'Churman opposed its passage, Nonctlon was taken. The Army Appropriation blll was discussed,.but the Senate adjourned without taking final action in the “matter. ‘The amendment appropriating $125,000 to puy land-grant ratl- ronds 50 per cent of whatthe Quartermaster’s Department finds justly due them fur traus- ferrlng troops, provided that such payinent should be accepted by the ronds as u full payment for services, seemed to meet considerable opposition, particularly the lat- ter proviso. cussed the Wood Refiund- ing .bill_ yesterday. Under the tend of Randall the amendment favoring 1 3 per cent bond was adopted by n vote of 132 to 9 Tho Democrats voted generally in the mujority. On the motion of Mr Samford an amendment — provid- Ing that all the gold and silver coin in the ‘Treasury over and above $30,000,000 should be used for the redemption of matur- ing bonds before wny new bonds should be Sssued was adopted. The discussion Indl ented that a majority of the members were in favor of a short-time bond. | Messrs, Wood, Randall, and Dunnell expressed great confidence that .a 3 per cent bond enn be Noatet without difieulty, while Messrs. Frye, Elnstein, and others held tho contrary opinion. Buckner, Weaver, Staven- son, and others addicted to tiat heresies and a morbid dread of National banks as the ene- niles of popular liberty and industry, opposed any scheme for refunding with charaeteris- teally Iogtcal Tie Touse .« Messrs, SuAw, Meldon, Smyth, Findlater, and Lytton, Lords Emly, VPowerseourt, Monsk, and Montenagie, as a deputation repre- senting the Irish Liberals, waited on Mr. Gladstone yesterday and presented him with amemorial saying that it was necessary to harmony and unity in the Liveral purty, and to the contentment and pence of Ireland, that the Goyernment’s Irish Land © bill should embrace 2 comprehensive scheme for the creation of a peusnant proprictury. and that, pending the earrylug out of that scheine, the Irish tenants should be secured In thelr holdings at fair rents fixed by arbitrators;: and, further, should have the ‘right to dis- pose ot the interest in thelr faring at any tine, Mr. Gladstone conversed with tho members of the deputation, and satd he, was giudte learn their views, und expressed o hope that the bill witch he was about to In- ‘troduce would bo satisfactory. TheStandard says'that tho deputation was pleased ‘with the ‘Fesult of tho Interview. Axy number of rumors are affont as to whom the New York Legislature will, clect to-suceced Mr. Kernan {in the Uulted States Sennte. One rumor has it that the Demo- eratis members will vote solidly for Mr. Depow, and that with the ald of Mr, Depew’s Repubiiesy friends he will be elected. other rumor {fs to the effect that both Crow- ley, and Morton will withdraw in: favor of Platt. This [3 denled by the friends of both Crowley and Morton, ‘The fact that If has been determined to hold the Republican eau- cus to-day fs thought to indicate the nomina- tlon of Platt and the: certain defeat of Depow, ' 7 Mus. Stone, the well-known Indy philsn- thropist of Boston, has made the folluwing bequests In addition .to those: already: an- nounced: ‘lo the Lampton Institute, Fortress Monroe, Va.; Olivet College, Olivet, Mtch.; Tipon Callege, Ripon, Wh Iinels College, Jacksonville; Beloit College, Beloit, Wis. ; and Robert College, Constantinople, $20,000 each; to Marietta College, Marictty, 0., and Berea College, Buren, Ky., $10,000 each. She gives $25,000 to the Huward Unlvérslty at Washington, $15,000 for evangelical work in France, and $12,500 to the New West Eduen- tion Commission ‘Tun Trwuxe this morning exposes a scheme by which It was evidently sought to defraud the City of Chicago of over $2,000 by tho erasure and chauylng of. the South Side Assessor's books in the County Clerk's ofiee, The chunges wero made In the Interest of soveral reputable taxpayers on the South Slde, and itis not probable thatmany of them knew anything. about tho matter, County. Clerk Kiokke Is Investigating tho matter, and the Grand Jury will probably render him sume assistance, * A vanty of soven colored men, the ad- vanee guard of a large number of repro sentative Southern colored men, have ar- rived at Cleveland, O., whora it is proposed to hold 2 conference on the relation of the cofored men to politics, after which they will probubly proceed to Mentor to represent to President-elect Gartlelt the polltienl status of tho colored men in the South, and proba- bly the clalms of some members of the depu- tation to ofico of somo kind, —— Mn. ‘Tuomas J, Kink, who has been prom fnently connected with tho wholesale hard- ware busluess in this city for 9 munber of yours, conmuitted suicide by shooting hlm- self yesterday morning in the cellar of hts home at Lake Forest, Business troubles which he had mantfully gotten over seemed to have prayed on hig mind, and thera fs no doubt that ho was temporarily Insane when he connuitted tho rash act witch ended Ibs Ite, Sexaton Waitiso lutraduced bil In the Stato Senute yesterday providing. for a tux on express compuutes, the tux’ to be 8 per cent of their gross carnnigs, “Senator White tutroduced a bill providing. that a street once paved at the expunse of the prop- erty-owners abutting on Iqghall be repalrad thereafter at the expense of tho taxpayers generally, Iris beloved that tha basls ou which tha Westérn Union, American Union, ands At- l@tlc & Pacitio Telegraph Coimpantes have been consolldated ts that tho new Company's stock shalt be $80,000,000, ‘of which tho West erm Union is to-buye 988,000,000, the An, ‘ 2 se ¢ nae ago Daily Tribune. — American Unlon $15,000,000, ant the Atlan tie & Pacific $7,000,000. Jay Gould engineered the whole scheme, and is sald to have profited very largely by the op- eration, Jt seems that while he and Van- derbilt appeared to be working against ench other they were roally acting fn concert ant mado thelr “piles” at tho expense of the speculators whom they gulled. 7 Ti Democratle members: of the Ohlo Legislature went through the form of nom- {nating 2 candidate for United States Sen- ator yesterday, It touk two ballots to deter- mino that the einpty honor should be be- stowed on Senator Thurman, Congressinan MeMahon, of the Dayton district, seems to have been tho second choice of the assembled Bourbons, A CONGREGATIONAL clergyman of Toron- to natned Wyld has made tho discovery tat there were 875,000 Irish souls In purgatory lust year, He estimated that the Cathotic priests charged $1 per soul for getting them out. Ho hus discovered a new remedy for Irish Ils—viz.: thut the country be Protest. antized and the priests be taxed. Tie Mouse Conmittes on Agriculture, Mr, Covert atone dissenting, has agreed on report favoring the pissage of 1 bill to make the Agricultural Department an independent department, and its head ® Cabluet officer, The Committee will also report in favor of suspending the rules mud putting the bil on Its passage immediately. By an explosion in a cellulold factory at Newburyport, Mass, yesterday afternoon, Charies 13, Schofield ant Charles Hayes were kiked = onmt) Walter Vanduser was badly burned. The victims were citizens of Jersey, Where the factory was previously located, and where 9 slinilar neefdent oc- curred. —— Mu. Tuonsron, of Putuam County, isa ‘reformer, Ile hitroduced a bill in the State Leglsiature yesterday making the aeceptance of ruftroad passes by publle officinis an ace ceptance of a bribe, Ho also Introduced a Dill to prohibit the sale of intoxicating Naquors withIn two miles of any incorporated city. | ne Gun. Praisrep was declared Governor of Mutue yesterday by the Legislature of that State, and the Syaker was requested to notify him. The Republicans of Matne have given the Governor-elect the benefit of all doubts as to the Interpretation of the recent- jy-adopted constitutional anencdnients, Mit. Panrnent intimated to: the House of Commans yesterday, after he had treated that grave and dignified assembly toa dose of obstruction, that it mlaht expect much more of that kind of treatment if the Gov- ernment porseveres in its intention to intro- ‘duce coerclye measures for Ireland. We print this morning a bill prepared by Mr. Chisholm, of Kano County, to prevent und punish the adulteration of articles of food, and drink, and medicine, and the sale thereof when adulterated, The Dil) seems to be well und carefully prepared to accom- _pilsh the purpose sought, : 1 a ‘Tre latest Intelligence from Peru 1s to the effect that the Chifian army fs encamped nine * iniles from Lima, whieh is being defended by the Peruvian. army and the eftizens; native and foreign. A‘number of dynamite nines lave been placed between the eitywid tho Invading arm: Tu Brickinyers’ Nuttonal Union held a convention In ’New York yesterday. ‘The following eMlcers were elected; Edward J. O'Rourke, of Brooklyn, Prestdent; Leonard Crane, of Newgrk, Secretary; and Lewis.Cur- ponter, of Cincinnati, ‘Treasurer. AursH, of this city, In- troduced a-billin the Lower Touse of the State Legislature yesterday providing forthe division of the elty inte twenty-four wards, each one of which will be represented In the Conimon Council by two Aldermen, ‘Tins farm-house of Timothy Cayen, near Gulthorsburg, Md., was destroyed by fire Tuesday night, aud his two sons, Denis and Francis, aged respectively Mand 1 years, and an empleyé named John Yolby perished in the flames, Srcrerany Scuvnz asked the Senate yes- terday to make an appropriation of $50,000 to piy.for the survey and subdlyision of Indah reservations, wit a view te tho allotment of the tands in seyeralty nmong the Indians. Tarr Pounsylvanla Republican legisiativa cancus will bu held thisevening., Tho cholee for Senator seems to He between ex-Speaker (row and Mr. Oliver, of Pittsburg. The chunces favor the latt A Fine at Two Rivers, Wis., yesterday, rev ducest to ashes the contents of ten sheds, and 600 cords of dry staves, belonging to tho ‘Iwo Rivers Manufacturing Company, ‘The loss is esthnated at $15,000, Grex. Minnur, Republican candidate, was elected United States Senntor by the California Legislature yesterday, Col. James G. Fair was elected Senator by the Nevada Legislature. ——— eee “Parsey” DEVINE, who was convicted of murdor some tine pgo, and who was to be hunged to-morrow at Clinton, has been granted a supersedens by tho Supreme Court, Or 487 persons employed In the Govern: ment offices at ‘Toronto, seventy familica” supply 168, and some of the Canndinns think thoro should be Civil-Servico reform, ‘Tne saw-will of buster, Cook & Co,, nt Fairchild, Wis, whieh with contents was valued. nt $25,000 and fusured for $12,000, was buried yesterday, . A yine at Weathorford, ‘Tex., destroyed $35,000 worth of bulldings, and one at Meri den, Conn, destroyed the Meriden Mouse, Valued at $50,000, Dr. Staats has bean chosen President of tho West Virgluta Senate, and 2. Willis Wil- son has been chosen Speaker of tho As- sembly.” SENATOR Ammvauene, the {rend of Silvlo Peletco; and noted In connection with the movement for the unifeation of Italy, s dead, Srnatoy ‘pavan fy tho unanimouscholes of the Delaware Denjoeratta Joglslutors te be hls own successor, . — ‘tye Oblo State ate Looat Option ‘Convention at Cleveland yesterday was well’ attondod. “About bead delumites wero present, ¥ A Bad Day for the tional Banks in ft! ' House. Continued Debate upon the Funding of the Nation~ al Debt. The Rate of Interest, by 2 Vote of 132 to 92, Fixed at 3 Per Cent, Payments to Be Pushed in Bilvar Dollars to Keep Down the Surplus, Republicans Also Allow an Amendment ‘to Tax the Bonds to Come Near Passing, Evidently Intending to Let the Bill’ Get Too Heavy to Stand Alone. Messrs. Frye, Maskell, Einstein, aud- Ward Battle Hard for tho Nae tional Banks. ‘ Democratic Leaders Not Willing to Risk Uupopularity by any Concession to the Capitalists, REMARKS, THE DAY'S Wont, Special Dispateh to The Chicago Tribune. Wasitnaron, D. C., dan, 12.—The leading results and ducldents of the Jong dobate In the House upon the Funding bUL to-day may be thus summarized: 1. The House, by n majority of 40 yotes (yens, It; nuys, I) decided that the rato of Interest. ttpon the proposed now bond shill be 0 per cent, {rrogpective of the length of the which it may herenfier de determined that the bond aball run. 2. AA provisu wus ndded to the will that, before auy of tho proposed 3 per cents shall be issued, all the yold and silver coln In the ‘Treasury over 859,000,000 now held for resumption purposes shall be puid to redeem the maturing bonds, 3, Thore 18 4 very decided teudency to a short= time bond. Tho ovident beliof on the partot many who voted for the 3 per, cent rate Is that the Sonate will amond by giving the Seere- tary of tho Treasury discretion to the maximum , of ig per cont, and that tho Intter proposition wilt ultimately be agreed to in the Committee of © Conterence, and adopted by both Houses, 4. Thore are fifty-seven members of tho Hausa willlug to vote thut tho rate of interest shall bo fixed at 3 per cont, thut the bonds shall he of a Short teri, and that thoy shull also be taxed. Those fifty-seven gentlemen call themselves statesinon, .5. There is # very marked disposition on the part of Speaker Randall to drag polities into tho, discussion, and to sccure eredit for tho Democ-" racy.ug a debt-pryloy purty, and to mako ft aps, pear that that party docs not deserve its repus. tation of tho party of repudintion. 6, The voto in: faver of tho 8 per cont clause wna almost entitcly partisnn, the Repttbiienne voting almost solidly ugainst it, and to Demo- eruts, with nearly equal: solidity, for thadpor cont. FERNANDO Woop, rising from his bed, where iadanimntori’ thenmatisin has for some days confined hin, Appeared again to call up the bub + He did so, he suld, with renewed contidenco in tho ability of tho | HGovernment:to float a3 per cent bond, He sald thut, since the Inst day: of the debute, he nud received uddltional let~ ters from bankers, which convinged hin of the cortainty that such a loan woult be a suc cess, He showed how ILLOGICAL AND INCONSISTENT lis position 1s, however, In the thst pars agraph of his speech, In which he admitted thut it might becowe necessary, ii order to: float the bond, to take off the tax upon tho enpital and deposits of National banks,~-1t 1s to be noted, however, thut he did not havo the courage of his opinions in this respect, as jhe did not propose to amend the bill by ‘noking any such proposition, Isevident purpose Is to leave it to the Republican Con- gress to rulteve the banks of this taxation if, {tshall be found necessary todo so to sell the bonds, THE ONLY REPUNLICAN |. who spoke In favor of the 3 per cent rate. was Dunnell, of Minnesota, Ife salithat ho auw to reason to change his opinion that a $ per cent bund coukt be negotinted since ha had voted for that rato Inthe Waysund Menus, KCommittes, Ho based his: bellef that tha Qovernment can sell the bond upon the large anmuunt of trast monéy which ho thinks will seok such an investinent. By taking this po- ‘sition some of his Republican opponents for the Speakership say that he has Injured his chances for that ollice, sluce .he placed hime self in opposition to the great mbjority of his uurty. ae SPEAKER RANDALL sald that he agaln entered the debate with, reallirmed contidence us to the ability of the, Govarmuent to negotiate a % per cent loan, A large part of his confidence was dno to tho fact that the Gaverninent lias It in is power * (us Fryv subsequently put tt) to dragoon tho , bunks Into becoming the purchasers of at Jenst $215,000,000 of the new bonds, Randall's plin Is thatthe Government shall Issue nx per cent pond, redeemable li one or tivo yenrs, payable at oo pertod which ho hag not named. Such 9 bend, ho claimed, would ‘be eyul¥alent to a 4 percent at the present rates, ‘Tho remainder of tho bonds due this suniner, after thy banks had made. THEME FORCED BUUSCRIETIONS of $21,090,000, he thought, could be casily enred for by the surplus revenue. Last year tho 'Tronsury. pul §108,000,000, and within thirteen mouths has paid $27,000,000, while the Government woul bo required to pay but $270,000,000 on Randalls plan. My. Randall disetated any . purpose tw threaten the “banks, bat bis Iniguaze warranted no other {ntorpretution. ‘Tho rest - of his speceh was rhetorieal,—abont the golden opportnulty which might forever pass away, and that sort of thing, Rahdolple ‘Tuckor seumed to think it a. suflicient argue mont In favor ofa 8 por cent Bond that ho pledged his word that tho extra $600,000,000 could bo sold at that rate. The purchasers of su large an amount may possibly want's broader gunranteo than evan the word of a °, goitigman who represents on the floor of * Congress the grave of Robart E, Led, Mil FRYE maie tho princlpal speech’ In opposition | to" thes’ percent. He dented that It was tu tho | powor of tho Government to sel}as percent — bond under the existing law, ‘he banks might be dragoonui to take the bonds If they wish ta maintain thelr clroulation, but. Cans \ ‘preas could not provent thom from surrenders ing thelr circulation. ‘Lhe people, Mr, Fryo