Chicago Daily Tribune Newspaper, February 16, 1881, Page 1

WILS . ¢ Ohicago 113, 115, 17 & 119 State-st, spectfully invite the atten- Rfio;r)z of gentlemen desiring SHIRTS MADE TO ORDER, 70 THEIR STOCK OF FANGY SHIRTINGS, hich has been greatly in- creased by a recent importa- tion, embracing the latest patterns of the season. PER DOZEN Fr PHOTOGRAPHS when 2. 75 Madison-st., 1s making Cabinets for §4 per doz. equst to ANY produced elsewhere. PER DOZ. rrT— CABINETS PER DOZ. COMMISSION MIERCILANTS, " JIED, LINDEEY & (0., Gommission Merchants, {}IEW YORK, CHICAGO, AND BALTIMORE. | 88 & 90 La Salle-st,, Chicago. FOWARD M, FIELD, DANIEL A, LINDLEY, Por'E C, VRrFT. CYrL's W, F & PROPOSALS. e MTICE T9 CONTRACTORS. St Louts, Jerseyillle & Springfield Railroad Gompany, Genernl Oces—deraeyvitie, Miinota, donx P IR EDwaRD §, VILLE, 1), 11th February, 1851 On and after tho 2lat day of Februnty, nnd unti] the Hth day of Stareh, JSL. prapouls will U6 rocelved for 1be cuprtewction, grnddiing it timber wark of the St. Loult, Jorseyvilly & Spelhutiold itnliroad, Jrotler, myurasiion estimntes ot auintitos, and sliathor nformution can by obtatned at the ofice after the datq firel nuued, Tho wark will ho dlvided into three parts, for all or either @ which blds will Lo teceived, bhio’ Company Tesurving tho rizht to refoct uny or all blds, T'roposals must o "fl ¢l to James A, Locke, President, Jarscyvil iz § A, LOCKE, I'restient. C.8. MASTEN, Chief Engincer, Hotice to Contractors. “ Bealed Proporals will ba recelved untlf Feb. Zh 1531, Atludock p.m., for the wrouent und cast fron work; wlsa for the carpentar work, plastering, painting and flaatna for tho dleloan Couitty Juil, ut 'Bloowingian, . Pintin and specitivations s be'seon at 1, A, M Lers archlient ofice. ‘Tho Iilding Committos sus deeves the right to reject any and il bids. A, BIOKAW, Chatrman Huliding Coumitiee. o4 NOTILCE. The underslzned, in purauanca of an order of the Ireuit Court nf ths Uinited Stites, axks propusals fo) enting the falinwing unting Drbmilee Dorh two-thinds 35) of Lot v Tlock I in Fort Dearbiorn Addiijon o' Chicaio, fronting Tt thirty-twa (i) 2eot on Michiznneny, and extond- ng to Central-av, LSNILY 1% T81AM, Recolvui & Denrborn- st VAVIGATION, —_— OCEAN NORTI GERMAN LLOYD. New York--London=-Parls. Bteamers sall Every saturday from Now York Jor Bouthampton und Dremen. Patsengors booked for Londen mad e Iamest mta: o i s mies. intes of g 8 unthorlzed to 1 1o L CLAUSSENIUS & OO, SHouths Clark A ACL 0% Fifiheuve, TNNWAN LINE Ocean Steamships, Carrytng the Irit)sh and 1) f ¥ nited States Malls, Jekelt Tl Liremoal vis puosnsionn, b BrincipL Engieh, dtoteh, Y French,"Gorinau, T1Siiam. " and "Hosnainsian There stenmers ong SEfdianmern carry oo 1iva stok of any kind. FRANCIS CBIOIWN, Gon, Wontarn Auent, th Clari-at., Ul 1 Lo , Chilcavie A -flfi;“x‘..‘fi.flff Gireat Briaig, lrelund, sud the ki —— ONLY DIRECT LINE TO FIRANCE- eneral Transatinntlo Company. l::un Now York und Harro, Plor 4, N. i, foot ot velars by this itno awoit both ¢ ‘ ;-;l-'-f-'fl 284 tho discormtort o erossiing ths Cha nast RANCE, ‘irudelle.... Wi X el SALSETLL \\" i\%""""d' Fobemnm % el . Wodhoni = mttg‘%fll Afw«m finciuaing winel i TOWAY itH e, B, o A0 aid £13),° Kecond cabin, §ai. HooFs ainen of Ceaalll SR ool und utenalls. Cliceks aniunt 10 s o l?_feé:_fl‘ll}“mlymx. Agont, U Bowling Greon, foot WAl WVHUCE, Cabtn Agons v B WINTER, Bieormis Auant, | Unians: ¢ COOIL’S TOUIRS, Establiahed 1841, n'. Luxury, Comfort, sud Economy, Excursion Farties to_Europs, dates wind rout pril 2, June H, Price o w00 ed by all routes. 2 ¢0 e A AT O ) Brondway, X . o STATE LINE o Liverpuol, Uulia, fiolasy, COOK & KON, . X evry Hiradays i Jandons sgrilie LT, i bl i M, Llsso stewmors eurry AUSTIN: BALOWIN & co, sd 164 i Chicago L’ BTANDAKD. ‘1. . SCALES - OF ALL Kinbs, p FAIRBANKG, MORSK & CO. 111 & 118 Lake St,, Chlcago, : Bocarefultobuy only the Genalne WEEQI’:’L{‘.I_’E"'D GOODS. n) ;UI:OI D (Water-proof Lin- an‘:i Zflfi" amtl Tosoms, Price o 8 8ent by mall. Call Mdr;aa BARNES' Hat Store, 80 -8ty Tribune Bullding., WEDNESDAY, I'EBRUARY 16, 1881—TWELVE PAGES, e, N RORIDGES West Side Store, SILKS. A LIMITED QUANTITY OF SUNMER SILKS 25¢ per Yard. AL 24-INCH rocade Silk At $1.25; sold elsewhere at $2. Brocade Sating, Heavy rich goods, at $1.60; sold elsewhere at $2.25. Foulard Satins, Beautiful Designs, $1.10; sold elsewhere at $1.50, CLOSE BUYE Will find it to their advan- tage to examine the goods in this house before purchasing. “No Such Values Elsewhers,” 284 & 286 WEST MADISON-ST, ABOVE MORGAN. 3%th Annual Statement or THE NEW ENGLAND RAUTUAL Life Insurance Co., For the Year ending December 31, 1880, Lidser nerots, Do, i, 160, Iz'fvulwd 10 10— For promiun For Intorest Itniance pro $13064,307.97 2407233 FERTE 041112085 shirc — Douth chul 36,01 Statorinl end LNt RBurrendorad policioa Distributlon of surpliis “Total patd polloy-haldo Comintesions to azenis,. Bulurivs, medicnl foe AAG ) it VOTLRITHE ovcc0s o (e L1049 Printing, stiiigiors, i incls au ;eI Tox s T 231585010 Not assets, Jan, 1, 191 v.. veee HLUSTLE SCHEDULE OF ASSETS, Itonl ostato owned, 1.01n% 00 MOrtuz Luane on coliniorm Prowiunt nutes secured by abundunt coilntera . Htocks und hond Spectil deposil hirest hnd Tonta di” whd ot CEUEG, o0es Duforred premniums,, Gross nasois, LIABILITIES, Drath lossos unpald. PO Y X Moaured ondowmenia Uiijmid., 236500 Mot promium it 4 O on 3 Distributle 5 Totnl HBbUILES. ceusses o T 10188 BUEIUEL cvcrsensesne ety Tntlo agAsncts to Linbilities, 119 1.2 Increasc of Burplius in 1880...8 700,708,406 Markot value of Ntocks nud Itands over cont. BENL ¥, 8 Prosldent. JOSKH 8, Socrotary, _ GEO. W, THOMPSON, Bupt. of Agencles. 0. URONKHITE, General Aucnty Voo hicago, 1,378,086.17 'QS:'KIIOLAI_)‘{'}BS’ fll!&_‘!’il‘[;\'fl:w STOCKHOLDERS' MEETINGS. Notice Is hu ruby ulvon that tho Annuat Mocting of tha Chifeauo & tirand Trank allwuy Comyany w Jd ab tho Patiner Housy, in the Gty u."“hl o Btatu or 11lnols. an Weunesday, tho Burchi next, s 3 o'clock pon CITAK, A Bicrotary und Troasurde, Tort Huron, Mich,, Fob. 7, 131 ATEN Notlco 1s horaty given that the Annual Meoting of the Grand Trunk Junction Rallwny Company will be oot o s, e Wolneadnr: the DI sy’ Of ho Btate o s, on Wodnesdar, ‘the n, £ AN Y, Murch noxy, atdo'clock pom. Bocrotary und ‘A'resaurer. Tort Huron, Mich., Feb. 7, 14l FINANCIAL, MONEY TOLOAN Onln roved ropertyin Chicago AT SIX PER CENT. WM. V, JAcCOns, 100 Denrborassl., basement. DISSOLUTION NOTICES, T DISSOLUTION. \ bip Loratofory oxisting under the nfll!‘fi‘fl:":""‘l’k‘gr:ly"o of Lord, I“n"l"el'.fl- Tu. s dis- sulvud by 'lll.:"“‘l cousunt, ,}’u ‘l:ulmclls; will be pald DA Ok ety GEO” 1i. BitkwaTER, BEELY MoCORD, ‘The business of the lato Hrm of Lard, Brewster & Co. will ba contlued by thy undorsigndd under the namo und style of 1,0rd & Thowus. 1. 3L LORD, Cheago, Fob. 1. 1831 A L THOMAS. PICTURE FRAMES 17 PAY J0u to writs for my an It will surel tal free) of Btyles SR EL R Atynufucturor, 29 & 01 Wabash-av. d P'riocs. Thye Tribane, Populntion of Chleagn, = = 603,304 Ik London T'lmen professes to glve, a synopsis of the business transacted nt the wmeeling of the Irish Land ‘Leagus in 'aris Monday. 1t says that Parnell stated that he had arranged the funding of tho Leaguo fund of $350,0005 that it was resolved to pre- sent n detafled account of the transeetlon to thio various Land-Leaguo branches at an carly date, aud to hold ® conference of tho active members of the Irish Home-Rule party in Dublin lmmediately after tho pase sageof the Irlsh Coerclon bHL ‘Thesume papor says that it is the Intention of Lis par- lamentary collengues to stay in Ireland to encournge tho people to reslst ** the blow which the Government Intends alming at the Land-League organization.” This does not look as though Mr, Parnell was afraid to fuce tho musle. e Is not one of those who show the white feather early in the fight, —————— NorwrTnstANnig the somewhat revolu- tlonury course udopted by the House of Com- monsto put an end to obstruction on the part of the Irish members, thoss gentlemen, with the peculinr ingenuity eharncteristic of them, huvo beén able to obstruct tho passage of My, Forster's Coercion bill through Com- mittes so far. They move amendment after amendment to each clause of the bill, only to have them rejected, and yet they do not seem daunted, ‘There are now eighty notlees of mmendments on the notice book, and it is 1lkely that more will be placed thereon, and each one of these must be debated and voted on before the bill pagses through Committee. No wonder that the London 2'fincs complaing of the “lelsurely movements of bills through Committee,” = Esrenor WinLias's speech to the Ger- man Relehstag yesterday scems to bo modeled somewhat after Queen Vietorin’s speech to tho DBritish Iarlinment, The Emperor congratulates the German legls- lators on the fact that the Empire is ot peace with the world, and hopes with the ald of the Great Powers fo maintaln peace in Turope. ‘I'he Bmperor expresses satlsfac- tion ut the result of the now financial poliey in Germuny, and hopes that commercinl treatles can be negotinted with foreign nations on the basls of the recently-ndopted customs poliey of Germany, Ilo promises that bills to regulate the stamnp tax, bewing 1ax, workman’s fusurance zullds, and trade guilds will be presented for the considera- tion of the Relchsta, Tk scems to bongeneral feeling nmong good men of all parties that Mayor Iarrison ought to be retired to private lifo next Aprll, The protection which he has extonded to gamblers, low drinklug dives, his irrepres- sihle demngogy, and the character of the “peang ” aronnd the City-11all render it very desirable on the part of ali good prople to putan end to his rulo over this city, Among the men mentloned as ltkely to henominuted In opposition to Mv, Iarrison are Ilenry W. King, N. K. Falrbank, Ald, Clark, Franklin MucVeagh, Jesse Spudding, Bugene Cury, and Joln C. Coonley **1T. ApoLrnus Trovior: 1s responsivle for the story that the King and Queernt and courtiers of Iltuly behaved so rudely on tho oceasion of a recent Dball glven by the Duke of Fianos at Itlomo that tho Austrlan, Britlsh, and French Ambnssadors to Italy, with thelr wives, withdrew, No apology has yet been tendered, It is oven sald that their Majes- ties of Italy fecl offcnded at tho actlon of the Ambassadors, and expecet an apology from them. Tue anthorized cavital of tho new United States Nutional Bank, which is to commence business in New York City the Ist of March, and of which IL Victor Neweomb s Presi- dent and Gen. Grant ono of tho Directors, is 1,000,000, Of this sum 600,000 remnins to be allotted, Outside of the Directors Mor- ton Medlichael, of Philadelphiu, is the larg- est sharcholder. e Boors are said to be recelving ald from quite an unexpgeted quarter. 1t is ulleged that the Fenlans nre supplylng them with men and money. ‘There muy be some Irlslimen fighting on the sido of the Boers,~ it would be strange If there are not,—but tho story abont the funds Is n lttle hozy, The Fenluns need all thoy huve for their own UBCH, Mn. Anaws, of Cook, presented a bill In the State Senate yesterday providing for an appropriation of §100,000 with which to bulld an institute for the denf and dumb in this clty, to bo called the Northern Instltute for the Deat and Dumb, ‘Tho bIIL also provides for the sppointment of thres Commissionors by the Govertior to take chinrge of the insti- tutlon, 3 It Is rumored In Now York that Gen. Girant will soon resign the Presldency of the World’s Fafr Comisslon, vstensibly on the ground that more Important business de- mands his attention, but really becouse of tho Inck of Interest manifested In tho entor- prise by the wealthy merchants of New Yark, 3Mu. PANNELL IS alleged to have had an In- torview with Rochofort in Parly, in which ho stated that il .the Home-Rulers alm to ne- complish Is to obtain self-government for Iroland. He also stated that he would not pe surpriscd at his arrest, but that ho was golng to return to Iroland notwithstanding, "Iy oflicers and crows of the Iome Squad- ron of the Unlted States Navy will partiel- patu In the ceremonles connectod with the unveiling of the Farragut statie at Washing- ton on the 25th ot Aprll next. Gon. Sherman has mado a detafl of troops to participate in the reception. Mus, A. M, BULLIVAN, the wifo of the Home-Rulo member of Pacllnment, visited L Mr. Davitt In prison yesterdny, IHe was satisfied with bis prison treatment, but he complained of the polley dietatitg his nrrest and tho manner of it, o thinks he will be soon rolensed, Samukn W. KiNg, the Democratic candi- date for Mayor of Philadeiphia, was elected yesterday aver Mayor Stokley by ¢ majority of 5,000, Alr. Kiug was Indorsed by the Clii- zeny’ Commlttee. ‘Tho Cltizens' candldate for Mayor was olectod in Pittsburg, ——s. : Eant Cowrzn, Lord-Lleutenant ot Scotland, differs fronrmost of tho men who have held that position, and seews capable of Igoking at matlers as they ave, aud not us e would have them. BSpeaking at a banquet kiven by the Lord-Mayor of . Dublin last night, he sald 16 was & serlous matter that & comparatively small body of men shouhl have heen able to establish sueh tre- merdous influence throughout Ireland.” Turns s a growing probability that Dost- master James, of New York, wlil become Postnaster-General In President Garfleld’s Cabinet, anid that a Wisconsin man, probably ex-Senntor Timothy O Iawe, will becomeo Secretary of tho Tnterio: w ASHINGTON mnount of ot cxceeding 400000000, Agroed The Great Funding Bill Fi= nally Secures the Sen- ate’s Attention. It 13 proposed to hold & mnss-meeting in | Surprising Development of Feel- New York Clty to express sympathy with the Doers, and to take measures to ralse funds for the purpose of organizing a Rted- Cross Soclety to send to the seat of war to luok after the wounded., Lovanis, nu Irlsh-American, was yester- day arrested at Castle Island, Kerry,—a place not wholly unknown to fame 1n Chieago, tor 1t has glven it many olllecholders,—on susplcton of belng concerned In a recent out= rugo tn that viclnit; ——e it Unlon Catlinlie Library Association, the prinelpal Catholle lterary society of this city, gaven reception to Archbishop Fechan at their rooms Inst evening, Quite n large number of promiuent Catholies of the city were present. Tne exports from New York since the Ist of Januaty, exelusive of specle, are valued at §51,000,000, ngainst §42,000,000 worth dur g the corresponding period of last year, ;m:{‘ 841,000,000 during the same period of 870, House Committea on Elections pre- e o report on the MeCabe-Orth_contest yesterday favoring the right of Mr, Orth to retatn his seat, and permitting McCabe to witldraw his elabm, Tho report was adopted. T Rev. G, 15, Panl, o Presbyterlan min- ister of New Jersey, wus the clergyman mentloned in our dispatehes yesterday who dled [n the Sinall-Pox Hospital at Brooklyn, and who was burled In the Potter’s Fleld, — Arn the Spanish Miunlsters to forefgn conn- trles have been requested to resign, The new Ministry wants to bestow u little patron- age. ‘The Minlstry has also determined to withdraw nll sults under'the Press lnws, ‘T1ig: evidence offered beforo the State Sen- ate Rallroad Committee engaged in’ Investl- gating the charges against the Rallroad and Warchouse Commlssioners yesterdny was rather damaging to those gentlemen. Harny Iuxten, who used to play the part of the Lone Fishermun in Rlce's * Evangeline ” company, dled yesterday at Cinclonnti of typhold-fever, Ile was born in Boston about thirty-five years ngo. Mn. Apnaxs, of Cook, presented a bill In the State Senate yesterday, providing that chifldren wny be taken away from drunken, brutal, or ncgligent parents, and placed un- der proper guardinns. Mt LooAx, from the. Mitltary Comnmittee, favorably reported to tho Sennte yesterday the bill for placing Gen. Thomas C. Critten- «len on the retired list, with the rank and pay of Brigadier-General, ¢ , AN Electrle Light Comeany has been or- gnnlzed at Detrolt, witha eapital of 8500,000, for the purpose of menufacturing eleetrleity for lighting, heatlng, and for driving ma- chinery. Tz ship Normanton was lost off the coast of Newfoundland recently,. and Chief-Malo MeCreechy aud seaman Dopley were the only members of the crew of elkhteon who were saved. SENATor Anays' bl enabling the Com- won Council of this ety to lovy a half-mill tax for library purposes wans ordered toa third reading by tho State Senate yesterday. Tur cotton mill of ‘Taylor & Bro,; at Dol ton (England), was destroyed by fire yester- day, Loss, $350,000. About 150 men are out. of employment on necount of tho digaster. C. KxisteR, of Comber, Ont., quarreled with his wife abouta wiil that the former made. During the quarrel Kuister shot his wife dead, and then shot himself fatally, SMALL-TOX IS on the Incrense agaln In this clty, There were sixtcen cnses yesterday and the dny bufore, while there were only four- teen cases in all last w By an explosion at Logan & Sons’ oil works at ]l;mler's Point, N. Y., yesterday, Thomas Olerton, John 0'Hara, and Edward Colo wero fatally Inju REPRESENTATIVE TUcKER of Virginia be- comes Chairmn of tho Ways and Means Comittee of tho [louse, vics the Hon, ter- nanido Wood, decense Ir Is stated seml-oflicially thot Germany hins taken tho Inltintive thls time in bringing about a peaceful settlement of the Turkoe- 3;!“““’"""""""" Greclan difticultie EzrA L, SHensAx, an ol restdgnt of this county, died at Riversido yesterday, I1lowas born in New York State In 1818, and came to Chicago in 1830, T'navric through the Suez Canal hias been temyporarlly, suspended, owing to the fact that the Britlsh steamer Tontalon s ngroul nenr Lort Satd, b S J‘HHNS,-HIQ Fenlan ex-Head-Contre, Is In Parls, and his presenco there Is asonrco of unensiness to some members of the British Parllument. Tur Now Jersey oystermen report that the deep leo on the rivers and on the seashore has played huvos with muany of tho oyster- beds, ‘Tz Canadinn Governient wants §$43,467,- 020 to pay the expenses of manuging the at- falrs of the Dominlon for the current year, peit i ~MM rumor that Mr. Junes Russell Low- ell, our Minlster to England, had expressed o wish to reslgn, Is pronounced baseless,” ] : It Issald that negotlatlons for pence are belng carrled on by the Britigh Cubluet withs] ¢ the Boers through Sir Georgo Colley. —————— A riov to blow up the arsenal at Kleff, Russiy, ‘'was discovered veeeutly, Numer- ous arrests have been made, S1a18MuND LAcnoix, Radical, has been elected Presldent of thuMunlcipal Council of Parls, . CoLDER winds and possibly snow are pre- dicted for thla reglon te-day, Tue Maine State Senate has declared against woman-suffrage. ing in Favor of Long-Time 3 Per Cents. Continuation of the House Program of " Deliberation” on River and Harbors, No Departure as Yet from the Allotment of Plunder Made in the Com. mittee, The Mud-Puddle Syndicate Able {o Pass the Bill “After Liberal Debate.” A Night Session Attempted, and the “ Opposition” Brought Speedily to Terms, J. R. Tucker, of Virginin, Made Chairman of the Ways and Means Committee, Matthews® Departare for Home Without Hope—~Blaine Not Likely to Re-enter the Senate. Frank Recital of o Member of the Frank- ing Oommittee—~Yalo Locks— Notes—Record, FUNDING. THE DILL COMES UI' IN TIF. SENATE, Spectal Dispatch to The Chicago Tribune, WASIINGTON, 1. C.y Feb. 15.—Senutor Bayard suceeeded to-duy In zetting the Senate to cons slder tho Funding LI, and be will endeavor to huve the discussion continued without Inter rupton untll a flnal vote can be reached. Ilo opened tho debate and expluined the Lill as it has been amended fn the Senato Committes on Fiunnce section by sectlon, The silver men say that ho went out of his way to glve them some bard knocks, but his remnrks were listened to by all with attention, and by many with ap- vroval. The general debate that followed was neither importnnt nor interestiug. Scoator Me- Pherson favored an absolute forty-year bond at 3 per cent interest, and BAYARD ADMITTED THAT SUCIE A LOND CUULD BE PLACED, 8enator Kernnn entered Intg a long disqulisition on the diterence between permnnent and op- tlonal bonds, aud sald that the House would yluld for u higher rate of Interest than wus in {ta DLULIE tho time could bo sortoned. Senator Vourhees was now in favor of a3 per cent rate of interest. Senator Euton thought that a 1030 | bund ot 3 PER CENT could be negotiated, while Scnators Willlams, Plumb, nud Vest ndvoeated the lowest possible rute ot Interest, The afternoon's debnte evinced fdesire nut to Increase tho rate of Intervst of tho House= per cent—to_ 314 per cent, ns ade vocated by tho Senpte Committeo on Fitnuce. Tlut, becnuse n succession ot Senntors talked that way, it does not follow that a majority of the Senate will vote that way, Tho indicatlons to-night ure that tho Senate Committce will cnrl"i'dltl amended bill through very inuch a8 res ported, - PROM THE * RECORD.! Th the Western Assoctatea Press, Wasmisarox, D, €., Feb. 15.—0n motlon of M. Buyned the' pending ordec was_postponed, and tho Sennte took up the House Fundiog bill, Mr. Bayurd aruku toan attentive audlence on the floor und in the gnlleries in explanation of tho nmendinents of tho Sonato Fiuance Con- mittee npon tho features of the bitl, o nilvos cuted the 33 per cont rato and a -20 bond a8 a wmoditlcation of the two propositions of the Sece retary of the Treasury und tho Houso, and op- posed the compulsory” featury of the provision of tho House ln the tifth seetion, compulling binks to exchunge bonds of a higher rate for thuse of r'lesser rute. e, Huyard suld tho Committec's nmendment mude tho bowls recelveable, but not compul- sury, by the bunks. Then, 1n the fiest geeton, EW0.000000 of Treasury-notes, payablo in ten yours, with Government option 1o buy In ane yeur, were brovided for, tho rate nut to exceed @t pereent, 1L the murket proved faveruble, thoro would be nothing to prevent tho snle at orts per cont, Theso Trensury-notes are anale nagous In thelr uso to what ure termed EXCHEQUER BILLS _ in the Enulish eystem. The subatitution of the wonls * Treasury notes* for “certiticates " hay no speeinl elgnitieance, tho former being used us # more eorreet term, Thus, two clasaes of the toun Were presented, ono not permunent, secur- mg n shork date, white tho other has tho featuro of g, undisturbed javestinent. Euch for its. own_purpose, would ‘be wpocialiy souzht for, The bowds would be lssued in mtftiples of &0 and notes in muitiples of 10, and o avola the dutail and expenses of registention suchof minute amounts, the Committes had . lmited registras tion of Trensiiry notes to sums not less than Flw. Tho fourth seation, allowling the Secretary fram time to tmo (o ussist tho process of roe funding by purchuse himself or by paying off aturig bonds trom the fumd (o the Tronsury, hins been amemded to provide that this should be i that the reswnp tion fund ald aad silver coln sttll not be purmnnently reduced, und the Seeretury would bo enabled to avadl himself of a3 per eent rate If an oppar- tunity offered, The Committee bad dittered with the Houso as to the amount to bo allowed for tho expenaes of preparing und disposing of the butids, and the rate had bren rat Lo une- half of 1 per eent, It hud been shawn to the Committeo thut tho expenses -of rofunding amounted to three-cights of 1 por ceot, aud our owi 3 ‘TIE MISTONY OF OTHER GOVERNMENTS showed that such an operation never had beon condueted ut s0 low u rute ne i, \WVhlle he (Huyurd) wonld not sty that threo-clghths of 1 percent would not bo sulticient, he would suy that, ns tho Hovernment compolivd its ll‘(t.'llll to nuko returns of overy dollne of oxpunditure, It woulil be unwise, suspicious, and injudiclouy economy thi uld tle tholr bunds or chueok them in” trausuctions so vast and important aa {nu‘.iuu[ o bure possibllity of rostrloting the cost iy 44 ol nt. It a mattorof such enor- co 1o tho country us this one v u chouk heeause of the withhold. g0 3§ of 1 per cent, tho respuiisibility thorue Tor would not rest with him (Bayand), nor did ho envy tho i who mlght b uble to say that the Tesponsibitity res with him. [n addidon to woditying Sce, i, the Committeo had intorpoluted n new sectlon @ providing fur the deposic of nono but United Siates interest-bearlng securitics us cullatoral for dvposits of Govermnent. money, Under the luw relat- lug to theso ""fl"""“‘ 1t seemed to huvo bocome & habit for tho Seerotary of tho Treusury to re- coive 100rTguEes und Othor securitics upon ronl ustuto ot lustitutions b which such deposits werg mude. sud this amundment would provent this berealter, IN CONCLUSION, My, Huyard remarked that, fu the flush of hopo- uiconlldenice, he would provide ugainst ditugure 8 surprises. ‘The option of redeinpdon fn tive yeurd, would givo full 0||llwrl\m|l)' to test the Wisdom and eficlency ol the proposed rate, and W atlit lower bt could then bo ' rosorted. to, It pravticable; Lut tho presont tme wiforded an apportunity not to be overivoked, White bo ap= preciuted tho Impartance of inding vt n ll.‘!fll:r rate, he would reatliein his beliof that it wus oven of mora lniportunes to sottlo the curs rency on the bedroek of a stable valuo thun even 1o roduco tho yenrly intercst, Discussion followod upen tho question whoth- er tho boud bo it lunk or short onu, 1 the course af which Mr, Willinius snid: *The ubjuction to u fong bond [s that so long us it is out wo will nover get rid of the Nutlonsl banks: and 1 am in favor of undorsapplug theiw by all the tnoans in my powor." 8 Tho quostion was taken on the amendment reported by tho Finunce Committeo to make the clanan read: “'The Sceretary of the Treas- ury Is bereby authorized to Issug bouds to tho 1pee el in favor of freu “entnry wrngl The next amendment of tho mittes wad to Insert tho word tiond of £ or some it iple ) Me. Klrkwmulllnskml l.\ll'.hll g‘tlrll whethor the anguge would permit tho Seerctary wll ng #9900 Im"d‘! e K Mr. Bayard replied in the alirmative, and statod, It response to further questions In that w‘:fifilim. that the denominations of the bonds d be RUJKECT TO THE ‘Inance Come *In denominne that smin,*” DESINE el ERs, ho lnnguage of (he Funding act of 1870 bad been foliowed In this matter, 3 Ale, Kirkwood expressed himselt strongly in favor of popularizing the debt, and giviog nn upportunity to the peuple throughout the couns try to subseribo for it direet, i1 sinatl suma Mr. Bayurd admitted tho desirabliity of sich o rsult, t mklm‘i that it woutd bo fortification of tug publie debt, but he had doubts ns to its prnl'lll’n!lllll{. Tho Committec's nmendment was adopted, Tho next ninendiment of the Finane niits tee way to inake the rate of interest il instead of 3 per eent, Mr. Voorhees (a member of the Finance Com- urlttee) waid that while In the Committee be had agreed to the mnendmenta reported, he had stiil rved the right of opposiug thent in the Ser Uit e fow opposed (his amendmont, bo- cause h!.; betizved the bunds conld be floated atis on moved that the rato of interest be Oged yt 3 per cent. Mr, Willtains declured himelf perfectly sntlas Ned that the whole debt conld be easily llonted it # prreent, He belleved that within n'week after the lssne of sueh bonds there would not. be nne of themn on the market. He favored n bond with tho shortest time und the lowest umount of futerest. Mr. Hugurd sald thoy knew nearly a1 well ns they kuew anything In the future that the loan a8 proposed by tne Committee on Finance wus procticabii, mixl they knew it was for tho benefit and’ advantage of tho country to have i reduction of Interest to i1 per cent, Mr. Wiltlums suggested, sarcastleally, that a 4 per cent bond wonkd muke it absolutely sure. ML BAVARD REPLLED SEVERELY :‘llu:t It wus not necessury 4 treat thothing ns an haur Mr. Vest gave [t as his oplnfon thut the report of the Finnnee Committee was shnpty 1 subsidy of one<hulf of l{) cent to the National bunks, Leenura the bonds would surely o to them, Mr., Bayard, In reply to n question of Mr. Vest, sarda friend had Just mdo for hingu computa- tion of the returi to the Investor of n 4 per cent bomd ut the present murket rate,—~113. The roe turt was Lot por cen v, Walluee @ membor of the Fluance mittee) fuld the Cominitte fixed upon 4 ns the best rate at which Government boneds could belloated. Stl, that wos not a wnsnlmons report, Some mombers of tho Committer (inehiding himseln) held a ditferent opinfon. He favored n OF THE BUBSCRIB- Ape L Lo, redeenibly in ten yeurs, and ayable i mrl{)vnr.-. 1o was opposed o the section it the House bill which mude It compul- #ory on National banks to use i per ceat bouds 18 deposite for their clreulntlon. Mr. Beek (<o u member of the Finunes Come mittee) expressed doubty which be had enter- tuined on the auestion. floklers of outstanding Iiand 6 per ¢ent bonds did _not want nllf‘ Fuund- ng bl ut ail, beeause they wanld recelve 21 RGN0 mure u8 interest thin they wonkl I they exchangel thoir bonds oven for per cent Nutlonul banks, ton, were ufraid they compelled to take per cent s these elassea would endeavor per cent bond a - fallure, sen hefore tho Committee nssert- ing thelr conlidence In the success of u i} per cunt bond, whio, he hed ne doubt, wers ACIUATED WY A DESINE to make the funding project o fallure, and thus Kot this 1200000 out of the Treasury next year, and yet, at tho sume time, while bo wus apprehensive in this regard, he was nimost per- sunded by othor mon whom he beleived I good faith, and who represented 1o the Committee thut a i per cent bond could be glonted. That wais whorein Iy his difficulty, . M. McPherson mnde i suggestion about Persons had nlvuldlmf a surplus in revenue by reduclng taxn- t oo o, 5 Mr. Beek, in answer, twrned round flercely My, McPherson, ond, inan sogry tono, and have all the protectjonista us, and have the Senator y howtig nt s in the Interest of tho silk mnnufdcturers of his Stute,” Ho went on to say be 1d vote foru 3'¢ per cent bond, rither than that the bl should fml, Mr. Kikwood offered un amendment moking it the duty of the Seeretary of the Treasury to nuthorize publie subseriptions 1o be recelved at the Government depositories and Nutional banks for honds and Treasury notes aue thorized In the Uil for thirty duys before wiving any award to or mueklug any contraet with any syndicute, or individuals, or bankers, and to award tho full amouit of such subscriptions, Without sction on the amendment of the Fls nunee Committes, or efther of the umendments offered theveto, the Sennte adjourned, fenving the Fundhiys bill to come up to-morcow asun- finished business. . IN THE ITOUSE. ¥ NDO W0oD, Spectal Dispatch to The Chicago Tribune. WAsHINGTOS, I, C., Feb, 15.—Fornando Wood's derk 1n the hall of tho House of Representatives, this moruing, wus draped with mourning snd Burmounted by a brsket of flowers, It {8 now tho Intention to hold the funeral services in tho House of Representatives, and Lils body will be Urought bere for that purbose, but tho remalns will be Interred In Now York. The Ways and * Menns Commlttee, this mornlng, cleeted Run- dolph Tucker to succeed Fernando Wooa as Chafrman of the Cotnntttee, Mr. Tuoker atand- ing next In order, If this were the beglnniog of n Congress, there would be considernble opposition to Mr. Tucker on the pnrt of the Protectionlsts, ns he Is a radicul frees trader, and certainly would not have recelved the appointment originally from Speaker Rans dall, but at thig stage of the sesslon the nppoiut- ment §g malnly honorary, Tho Ways and Means Commlttee hus probably reported nearly all tho Dbills which it wiil be abls to bring bofore the Houne for considerution, TUE STATUE OF GOV, COLLAMER, OF VEI~ MOXNT, now standlog fu statuary hull, was formaity presentod to-day, speechies belng mmle by Rop- resontatives Tyler, Loring, and Alexander Ste- phens. Br, Btephiens’ specch was particularly interesting, Ho entered Congress with Gov. Collumer, and during o considerable portion of the Intter's term In Congress boarded nt tho sume place, and beeamo partienlarly attached to him, Tho ex-Vice-President of the Confeds eruoy roferred with wuch feeltug to the mem- aries of those enrly duys, and sketehied some of tho distinguished men who formed tho Intimatu elirelo of friends in which Gov, Collauer moved, Of alt thut bagd of noble men, ho suld, thero were only left upon tho stage of publio nction tho lonrned end scholurly teorge 1 Ward, Min- Ister to Italy, tho senfor Benutor from Malne, Haonibul Hamiin, Becrotary Ramsoy, and bim- self, TIK NOTED CONTESTED ELECTION CASE of Mctiabo v8, Orth=was settled o very sum- mary manner, The Eloctions Committee deoldod unauttnously that Orcth, the sitting wember, Is ontitlod to his scat,and that McCabe may be permitted to withdraw his papers. Thisis the” cuse thut the Domocruts bad withhotd In the ox- peetation that the elecdon might bu thrown Into tha Houso, in which vvent, by the unseatiug of Orih, Ropublican, the Demoerats woulil bu nble 10 control the vote of the Statw of Indinow. 115 PROTECTIONISTS are astermined thut tho Honse snnll not oxpross L und that o bune cawbu declarutions Lo mudo i this Covs wroes. ‘T SXtY mINULCS sot wpart fr 1o Pud< Hiuge uf bills npots tho catl of States for memiwrs wad entirely consumed this morning lnu parline which was duvised for the PUrposo of proventing aetion upon un wmnend- wwent 1o the Welss-iloer bill, which proposed that satt should be put upon the free list. No e obfected to the Heer bIL, which provides that stainps shull be put upon the buttles for thy better protection of the revenue, snd that the tux shull be pluced ut three conts per gullon: hut u lurge majorlty of the Hepublicans objeol o the amendiment relativo to freo salt, THE GREAT COMININATION GRAD. h’l‘lw House droued nwity the afteraoan on tho ver and Harbor bill, Not usioglo ameniment wus mude (o tho dny's session. The wpposition, which to-duy was moro elenrly of the surehead churneter thin was apparent yesterday, offcred u kreat varioty of msondmonts, and mutda great numbe of speocheds, some o them bit= ter, but the wnjority was steadtust [ it pue- posu that the bill should pass without amond- anent, and thoe dreary routine of considerlig tho bill duch by Ineh continued through tho duy. It was necessary, ou _evory * parugruph, for the Comwmitiee of “the Whale to vis0, report no progress, and thew, by a mujorit voto, to llinit debsdo on the pendiug parugral to one winute. This wus dotio on uearly every puragruph in tho bill. There would not be a quoru preseat, und TIE OBSTI ITONISTS would be qulck to sce opportunity and to tako advantuge of ft. Yho opposition In the form which it tinully assuined wis ainly fac- tious. It certululy wus not practical, On somo of the negutive votes thore wore not moro than ive wmewboers votlng, and, at the. most, those who wero opposod (o tho bill conld ouly oxpuct to deluy the wmoasury sad to vonsume tiwe which might better bo do- PRICE & —/ o voted toott’ S Steors. 1f the minurity had any Fenson ol 5 B0y could ultimntely strike on thoso rc.u/ & St tha bill which nru ounceded to 0¢ bo frituds bers for the.:. hedinto districts for which thoso approprintions ure asked, thora might bo some reason in such a course of {mrllumenlnry ob= atruction, hut it was evident, from tho Inrgo and datermined majority, that g NO SUCIL HESULT WAS EXPECTED. The bl waa certnln to pnss. Tho oniy questions in doubt’ were how muell time and strongth shoulid be consumed in dispostig of it. Tho op- ponents of the bill betrayed thelr own cnause during the day, when appfonrintions relutive to thielr awn section wero roached. In overy cise they movid wmendimenta, not to strike out the approprintions which W promaicd by this bauntltul Gommeres Commliteo, but to add lurgely to them, and there was every reason to belicvo that, had tho Committee of the House consented to these amendments, the opposition WOLLD JAVE CEASED, Atall ovents, the gentlemen opposing the bIll pluced themselves plainly (n the attitide of ate . tempting to secnre adiitionnl npproprintions for thoir own districis ns tho rrlun of ubandoning . thalr opposition, and, faillng to securo those amendients theough the aniry determination of the lml.lm'llf'. they redorted Lo obstruction more from tallce thin any desire for cconomy. The attitinde of tho ohstritctionists {3 eapablo of 1.0 otber explanition. Tho fict that they sought to lnrgely et ¢ the blli by amendments is & refutation of uny clalns that th muy have bud that the opposition was sulely based upon the scure of economy, TIHE REPUDLICAN CAUCUS which was to have Leen neld, and for which a call had vbeen jssued, wis necessarily post- {muml. owlng to the protracted sesslon of ho floure, ~ The Hepublicun ecaucus or sinlzation |s somewhut disjointed, and it in even suld the Caneus Committee has heen dis- banded. 80 It wus necessary to sceure onll for the Committee by the signature of (ifteen mom- bers. 3ir, Cox movedd to add a proviso that no money shall be approprinted tor ""K stream where any corparate compauy has authority by uny State lnw to eolleet tolls ‘or bownage, He ml‘:‘l thit it wus a fact thut many of the States, and, . NOTABLY, WEST VINGINIA, 1evied beavy tolls an the commerce passing over rivors, und I such cnses tho money of tho Guve ermment shoutd not be. urun( to unfumcn private Interests. Mr, Frye suld a great deal of tnoney. had been spent on the improvement of Now York Hurlor, and no toll tsken st any port was 0 viclons antt pnerous us the compulsory pliote age fees demanded there, Mr. Cox—FExeept your Navigntlon taws, which .nl. not allow tho people to buy shipa ut thelr pleanre. Mr, Townshend (111,) had voted ngalnst pnssing the bill under - suspension of thoe rules, but ho v{mnm m;t ninko factious opposition, He wusin avor of . THE IMPROVEMENT OF THE GREAT WATER- WAYH 3 of the country, and nfterward tho smallstreams could be improved, There wers many features of the hill he npproved, but ho thought Mr, Cox’snmendment shoild be adopted, fur thero were qoyinanies that levied heavy tolls upon v pound of freight, He Instanced n river in West Virginla, over whieh 48000000 bushels of conl passedd Inst acason, and tolls were lovied upon every bushel of . Mr. Cox's wmendment” was rejected. Mr. Van Voore bis, of New York, moved un amendment to add u provien that tho Seeretary of War ahall not expend any money approprinted by this. act in auy State [n excess of the customs nnd futernale revenus dutles recelved from such State (o the* Inst fiscal yenr. but this was atso rejected. Van Voorhis produced stutisties showing n gront dis- lu-nlmrllnn in tho distribut{pu of the itums of the il na eompured with the contributions ro the National Treasury. The same nmendinent will probably by oifered in the Sennte. Sen- ator McDonald bas submitted . # resolits tion _declarlng thut the Pwpln ought to vontribute to the support of the Government a8 nearly ue possible i) proportion to their re~ sueetive abititles,~thnt Is, in proportion to tho revenue they enjoy under Its” protection,~and that in the observanco ar neglect of this maxim cansists whut 18 ealled tho equality or lnequality of taxation. MIt. UPDEGRAFF, OF I0WA, ‘who has opposed tho bill, offered an nmondment n[mrdurlllllllr $0,000 1or an few barbor at Due buguie, fn, 'The palnt was made that tho work Wilh 10t In pursiance of exlsting law, and that brought up the question whethor rho Miver and Tlarbor bill was o weneral appropristion, ns contempluted by the rules. 10 iU wasu genernl. approprintion bill, then the amendiment would be thrown ont on i point ot ordar that no_ jtem #bould be Inserted In nn aopropriation bill ex- copt in pursiunen of oxisting Inw. Mr. Sparks, . Me. Warner, and Mr, Clymer urgned that it was n genernl approprintion bilt, —Mr. Lounsbury and Mr. Rubeson arguod the othor side. Tho Iutter quoted tho rules to show that it iwas specificully stated that the bills reported fromn tho Approprintions Committee were genernl. u{umuwmuon Lills, und that tho Itiver and Harbar blll was not in that eategory. Mt CLYMER Insisted that 1* was decided that this was not a general approprintion bill; that members could offer amendments 1o fmprove all mauner of streams, untd thoy could not bo ruled out on poiunts of uriter. Mr. Heagan snaintafued * that tho rules thomselves made tho clear distinction botween River and Harbor bills and geaeral upe rnmrlllllnn ils, From 1810, when the first tiver und Harbor blll was passed, down to to- day, it nover wis treated us o wenoral ap- proprintlon bill. After a discussion, i lnstivg over an hour, tho Chalr, Mr. Carlisie, ruled that the bill was not a genernl upproprine tion bill. 1ninnctog this declsion ho was gove" crned by whnt he regarded a8 tho proper, con= struction of the rules. The offcet ot thi¥ dos clsion I8 that appropriatons mny bo offercd, hothor f11 puranance of the exlsting luw or not, und they ennnot be ruled out vu points of order, At bo'clock It beenno apparent that A NIGHT RESSION was probable, ns Mr, Reagan, having the biil 1o charge, opposed o matlon to rise, stating that only four pages of to forty= slx-pnged LUl bad been consideroil, Mr, Atkins gdvocated the propricty of & night sesslon, calling attentlon to the fact that only ane appropriation bill bas become a Inw, and that thore ure two that have not yet ceven lieen reported, Mr, Clymoer offered “an amendment to approprinte $40,000 for the fme provement of the Kiskiminetas and the Con- cmueh, Mr, Clymer suld he supposed It would cost that amount to improve the rivers nnmed, . and the ‘sutn might as well be approprinted nt once. Mr, Clymer offered an amoendmont ap- propriating 00,000 for the lmprovement of the- MVER-FRONT OF WASIINGTON, on such plans ag may be devised and prescribed by tho Cilef of Enginesrs, My, Clymer dait ho wai In earoest about this amendient, and bo- lleved it should bo ndopted, The amondinknt was rejeoted, notwithstandiog the fact that thero wus more water 1 Ponnsylvaniu avonue Sutarday thun in many of the streams for tho which larger approprintions wore propoecd, ‘Tho expectation, therefors, that the tlood b lud Wy efoct ‘upon tho” House 18 not to ba reutized < AT 0 o'crLock ho Iougo fannd (tself without quorum, Mem- bors of the Commerce Cominltics gave notice that they would inslst wpon pressing the bill toa vote, and should usk [ts friends to sit_through tho night in tho hovo ot finishiug it. Chulrman Reagan said this was necossary, ns thore re- majned but i few duya of the scasion, and the bitl eannot bo prssed unloss tho mombors chocss 1o aubnit to some fueonvenlonce. Mr, Page, of Caltfornin, whe wus ong of tho origloul opponen 10 the bill, - sald that an - adjournmont could bo bad. ko thought the Tuctious oppositdon would ccase, and thut tp-worrow tho LI would pass. <At this thore wus loud dissent on tho part of those whuo from 1o outsot huve been weckivg to do-: feat the bill by recoursg to all manuer of thle bustering expedients. . A CALL OF THE 1IOUSE ® was ondered. A good deal of thne was nonsumed fn the wutino explunation of the nbentoes, and, thially, nbout 10 0'olock, o rocess was-tuken untit to-murrow ut 10 o'clock, only clght pages of tho forty-one paged of the blil having been considered. ‘The tHlouse adjourned just as the appropriation of §£0.000 for Calumyl Itiver was redched, My, Aldrioh moved to Increase the sp- proprlation to #50,000, Pending thy consideras tion of this propodition the Hauso ndjourned. PRANKING ABUSES, INGENUOUS EXU) TIONS OF A COMMIT- Special Dispateh to Th Wasiixaroy, . 0, Feb. 15— ITua your Com~ mittee nearly tinished its investiyution futy ¢l ulleged ubuses of tho franking privieger* asked e TrinuNe correspondent of a mowber of tho Bpeelnl Committee of the House ap- polnted to luvestigato tho subject montioned, * Yos," was the reply; ** I tblak wo shuil finlsh tho taking of testimuny this weok, and shull bo able to wake our report to the Houso next week, 1think that wo shall e able to formi- late some recommondntions for reform which will deservo attontion, sud, wo hopy, ro- ault fn sumo uetlon by the nuxg Cangress. Thero i3 no ovidence to show thut olthor the Natlonal Committeo or the Cougressionu) Com= mitteu of the Kepublican party seut out A SINGLE DUCUMENT under frank wbich was not frankable, Those Committecs spent over §20,000 for postage and expressage on non-frunkable documents sent out by them. The two Demooratio Committees did not spend ouo-fourth as much for the same purposes. Perbaps thoy did not send outas wauy documents as the Republican Comimittees did, Wo have found oo evidence showing thut 2 &Mndles by nil excopt the mom- * < B