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[l 7OLUME XL. Assets. i Lisbilities .- Surplus as 1eg8 ovenment pans h in Bank Total Assets .., UrplUS coeerernienes Bycome, 1880 ... ‘P;nd:iium, 1880 The Chicagoe Dailp Teibune, SATURDAY, FEBRUARY 19, INSURANCE: CHICAGO BRANCH Rivmnpoon & LONDOY & GLOBE INSURANCE CO. Statement January 1, 1880, rds Policy-Holders, ... ..811,109,626.21 3-944153:2 aesssemsasesnessnennseanans 7,165,267.98 Statement U, S. Branch, January 1, 1881, ASSETS, ate and City onB o’nd and Mortgage .. and all other Asscts Bonds. 1881—SIXTEEN PAGES o oy . Taqp, / Lo PRICE S5 10 4, 0; ‘IVE CENTS. U _@IW ‘@h%mt_c. 503,301, Fopulation of Chicago, = = Mt Wirraas Siaw, oneof the Irlsh inem- bers of Parliament who seceded from the Home-Rule party at the commencement of the present session, belng loudly ealled on by i constituents to reslgn his seat, has felt it inewmbent on himto defend hiseourse, which hie attempts to do in n lettor to the Catholie Bishop ot Cloyne, Cork. Ile con- demns the use which the Parnellites have made of obstruction, and says the course of that party hns enraged England. )le asserts that the conrse wis mapped out for Parnell Madison and Peoria-sty. “42 DAYS. .8 647,850.00 « 1,813,950.0¢ 1,185,400.00 . 816,234.16 < e B4,403,434.36 LIABILITIICS, 8 201,756.48 200,819.73 3 x.Bw’,uu.‘w $4,463,434:16 $2,841,270.48 ++ 2)297,084.69 . CHICAGO BOARD OF DIRECTORS. 044 CRERAR, Esq., L. Z. LEITER, Esq., GEO. ARMOUR, Esq. WILLIAM WARREN, Resident Secretary. at You can test any of our Teas our Tasting Table before buy~ ing. B ciher constinment of Clioleo, Pare Tes, conalst- ng of Qsam : olong i ’l'm:', 80¢ per pound. ant Basket Jupan, G0c per pound, Above Tens ure Ureat Bargains, RHOSA TEA. IMP'G- CO,. 8 STATE-ST.,] riet0 S0, co. b o years tn o fvontiand Block. ) BN Have oponed an Offico for GIDDINGS aGeneral Real Estate & Renting Business 0f WASHINGTON-ST., Room 8, on First Floor, Purties having proj leave description. Elinv e 1ents ANQ MANAKOMENE of perty tosell or rent aro invited cstaten u spacialty. | Commission Merchants, EW YORK, CHICAGO, AND BALTIMORE. 80 & 90 La Sallo-st., Chicago. fwARD M. FieLp, ANISL A, LINDLEY, OFEC, TRy Cynun > SAWS, JONN 1. TRUESDELL, EOWARD 5. WARILIGRN, W. Frech, Spoclal SAWS! Curtis & Co. 40 Franklin St.,Chicago £110 819N, Becond 8¢, it. Louis, nfacturers of Mo Deseriptin Y isand Granatut Sy of Cireulary am ner) ! Sk, Bl hlopoved e iy Ll Mas oisquiactirom of L. & it~ Flookus iy ) lkiwood's Putent Ireulinr Snvww, Lvery S earranteds CALEYUL ATTENTION TO RKFAIA WONI. urNEW ILLUSTRATED CATALOGUE MATLED PREF 0% ATV TATION, 124 LaSalle-st. MUSICAL INSTRUMENTS. TR DUSICHL JARTEIS £ Tnstrument and Musle cian Combined. g3 i ton, THE ORGANINA, Tho most wonderful mo= > chanical musical instrument the world has ever seen. It plays every tune that ever wos composed. auiomaticnlly, No knowl- music necessurys i elild e operite it « I binek walnut ordinary cases, only 8101 in cbunized, $11 1 n Bolid wahouany, S12, Automat- Ie-feed ol attachment, B2,60%extru. Tho Organtna 13 bundeomer and (n every way more doslruble thans W Feench Munte Box. Orders from thie trdo respectfully soliclted; Eltker tylu sent by exprens on recoipt of price or €, G, D, . Agents wanted in wviry vUingo. " ¢ NONS MUSTC €O Chiengo, 1 Tosteument, riraling tbe Tlaco or can perform ad well &1 woy profmor et YiEyuu do, sand for our Lilere CHANICAL "ORUUINETTE= he ~vpon which clanicat, eperatie, inred, tan, 415, 8128, e 1022 Stato St. D you want a Muil Orsan, on whicl at 1ight v Naw Pricss, W New Cataloguo, J ; t Free. Acnta wanted fn vvery County. g~ Where wo huve o prent will sell sumple wholcrale. REED'S Temple of Musie, Fino Spectacies sulted principles. Opora nd cruscopes. Hui to all aights on sclentific old Glasses, eloscapos, MU OCEAN NAVIGATION, A NORTH GERMAN LLOYD. New York--London--Paris. Bteamers sall Every Saturday from New York for Bouthamplon and Lrenten. Passengors hooked for Londun aud I'aris at Jowe tus, Jtutes of &\Illllluo 1rum New York 1o Sout! Tandon, Muvre, and Bremen, ties cabl coud-clusa cabin, §30; stoeraio, &1L I 1urh tickets st roduced ratus, UELRICHS & Cu, Nowling Green, N, V. 'I'he ‘stesrako rate the ’\l‘d(l)lhhel‘nllfl l«lfl('llnl‘r;l):‘ll ri‘xl’flr;ll:”)l :gllcl‘l;wo‘.l!kl", Grirun 1 s o B thugnly aaun SENUS & COn e Gonernl Agoiita, AT RNRUIGS, oe #touth Ciatk 0k Ffth-av., Local Auonts, FINANCIAL, NONEY TO TOAN .IN AMOUNTS TO “AT SIX PER C 100 Dearhorn: 8UIT. JinChicago ENT. WAL V. JACORS, s buscment, 1o Commission. L Honey 11 ums i x%[::f;"‘ 7 per cen ANTHONY & DENHART, Bankers, Ieking: Wash ToM, 2 IIUCK!NI@’ sours, s Mock PenTT iris 1 iowod * Chtve yoars Leadiig hotel o Krucers ssl) thy £ o8t e I quart o t on Improved ington, Iilinois. Alsoy uttan, i, Tommis A, ricll, pore und “roguira’ont repured by 3, 1. o was (ur ' Gvor wii chot-do-culalng of 1 ho Hoston,” Louding T e ey 5.{'Qf-_l_giomn-:us' MEETING, tn 3 o *DEA LERS 1) M d Cagt rgp Stenmvl’lpa and Fitlogs, [~ Joticn Urag DOTSLY given 8wty | 9raby ive, +JTUCKHOLOERS' WEETINGS, Ueand Yeunk' ult, on' W U'clock p, ntd Rullwuy Co Stalg yt lfllr.‘:." Houno. tn 1|.u'l||y“fl’|':‘|‘.(c.'u‘u,‘|';: Huest, gy g u uesday, tho Sih duy’ of M roa A, PERC b, pep, § g 1FT #ad Treasurdr, —_— Hurop, i M b e 79t Junciiyn :Mich Fob, 7, st a that the Annuat Mosting e Hous, |; nols, on W Uclock g nesiar the Secretary wnd Treasuror. 0._.._\;‘3 TEAM PP ot the Annual Mositng of ey Coupunywiil bu by ot Chileano, in the il duy’ of 1A8? Picy, HN DAVIS & G0, Wo!fllmumws e I3 MICHIGAN., 1 W3 HURLBUT Vholésalo Druggists, Mang 77 Randa TEAM PUMP, LA lohe-at, INMAN LINE Ocean Steamships, Carrylng tho Kiritish und Unltod Biates Malls, Now York und Liverpool, via Quecnstown. Tickets to und from the principal English, Scotoh, Irish, Fronct, Gerwan, lullan, and Bcundinaviag Orts. ‘Fheno atonmors carry na live stock of any kind, FIRANCIS BTN S, Gon, Weatern Agent, 2 Bouth Clark-st, Chicaga, P~ DRAFTS on Grest Uriain, drolund, uod the Continent tor salo. ONLY DIRECT LINH TO FRRANCE. Genernl Tranmtinntie Company. Botweon New York and Havro, Plor €, N. IL, footot Morton-yt. "Travelors by this lino avold hoth tranalt by Knglish raliway nnd the discomnfort uf crossing tho Chaunella aswall bost. ViLLE DE MARSEILLES. Nouvollon,. CAN. ‘ranguel Wednusd cluding wing —Firat Cabiin, $120. ° ¥ecund cabin, S). Rieors i, Includlig wine, buddlig, ar.d utousits. Chiecks Ly onuls of Parle in Amount to auft. 15 I REGTAN, Agont, U Bowling Groon. fost AMERICAN LINE. Phitsdolphia and Livorpool, calling at Quosnstown, Bulling regularly overy Wadnosduy from Philadols yhis, cazeylig cobin, intormediate, and stoorago pas suugery, and thu U, B, Muly, RED STAR L 9 Carrying the United Btutos and Ltoyal Relgian Malls, "I'l;0 only Iirect Ling to Antwery, 1o Dolglum, salling evory Batrduy from New York and wvery altoruato Baturday frum U'hilsdeiphia, For Passago Tickots to or from Europe and Drafia ou Groxt heliain nnd the Continent upply to PETER WIIGIHT & SONB, Generul Agonts. W k. HNCE, Managor, ulvago, ikt Handolgh-s DIRECT FOR UIBRALTARR AND MARSE kN, ‘'ha fultowing itenmens will leave Now York diroot for Gibraltar and Marseilies, taking tmg't‘ wnd pase SALDRRA, Capt. do Bonvilte, i, 1 ALDERA, C) ), 1 p. m, FRIDINAAD DE | ESSEL tch 23 boon 1 April 6, 3 s, ou, LLEDE MARBE ‘ahou; ok Cablu, U7 Bievraie, 612 4unt, 6 Bowling Greun, foot of LINE ToGlasgow, 1iverpuul. bublin, Heltest, und fondog. oo Y bvary Fiursday. " Pt (UM% SoHT: accordiig 0. MCOLIUGAULE - HoRd CALIA i Bidrace Subwurd, 64 Wioss’ sicaiiocs sariy a7 cuttIv, shevh, o b el i AUSTIN, DALDW LN & co. 6 Hroadway. N, ¥ and 164 undolphi-st, Chidars orn Munu.er ANCHOR LINE MAIL STEAMERS Now ¥ CIRCASSIA, Feb. 1290 |4 DEVONTA, 'Feb. oo situuurs da not carey cattly ow York to London dlrect. UTOPIA, Fub, 1% ¥ 5 | AUSTIALLAFob. 33 pm Cabins, 86510 #0. Kxcursion 'Flexels at roducod ratos [ X MENDENSON Bty ffi.fil % Washingtou-st, " WHITE STAR LINE, Carrylog tho United States und luyal Muil betwesn New Yors uad Liverpoul. For passsie spply 1o Com- oftice, &4 South Clark-at. LFRELD LAGERGIEN, Gon'l Westera Agent L& Drulis on tiraat Britaio and frelsad. - The time for our removal I3 close at hand, hut a chance is left in which {o huy Dry Geods at prices that we confidently assert are un- usually cheap, even for us. Our stock is yet complete. The volume of our sales during the past few weeks attests the fact that the oc- ension has not heen neglected. 17e are very anxious to get rid of our entire stock, and when we say this we offer a criterion by which to judge what we mean. There is not a single item offered in our house that does not run lower in price than has ever been atfempt- ed before. TO-DAY’S Exira Specially! 1,000 Pairs KID GLOVES! Blacks, Colors, and Opera Shades, ¢+ All Sizes,"” 20c! [RADRRS 1D PROMOTERS Popular Prices. Madison & Peoria-sts. DENTISTRY. &2 Dr. 133 East Madison-st. RUBBER OR Best{anLULom,E $5 Gold, $10. Fiillng, 1~1 0ld Rutes, VITALIZED AIR (Or gas)gtron trov for vaiuloss exuaciing. 3% East Atadison-st. Iuventor of Lower Suction I’Inlc( which never loosens while talklng or enfing; & years’ actunl test without u failure. OPEN BUNDAY. AUCTION 5 IN NEW YO By JAMES WILLIAMS, Auetioncer. FIELD, CHAPNAN & FENNER, 364 & 366 Broadway, WILL HELL ON Wednesday and Thursday, Feb, 28 & 24, On four months' credit, by order of tho Undurwritcrs, Importers LAWSON BROTIERS, AMOUNTING TO UPWARDS OF 250,000, th‘h“z dainaged at the late fire on ltroadway, SELECT TAILOIING. SELECT TAILORING, SPRING, 188. Our New Modos, togothor with our early Importation of Choioco Fabrlcs for the season, now In roadiness for inspoction. 10 per cont discount un= tii March |, 188}, and 20 por cent on n’ll ‘:(oavy Winter Goods for samo po- riod, EDWARD ELY & C0., Tailors. COMPLEXT COMPLEXION POWDER. No motalllc ingredients orpalaons. Warrnnied pure and barmiluas, Prepured only by GALE & BLOCKI, OMEMISTS AND DRUGGIATS, 81 Olark-st.; 44 & 4G Monro Palmer b 7 and (10, PROPOSALS. Notice to Contractors. Bealed Proposals will bo recelved until Feb. 73, 1831, at1v'clock p. ., for the wrougutund cast tron worki also for the carpentar work, plsatoring, patnting wid inzing fur the Sielean Couity Jull, ul omligton. i P wid spocineationa can be soen at 1, As 31ie s Srulitiect uttue, Wb Holidiug Comilitad o= vjoct auy wnd all blds. Sy fefect nyaud LS v, Chntrman Bullding Comiuitioe, AU ASSERG VT AMTTZD b [ o e A i N e i T facturer,Jobberadd Retall Dealer in N. E.& Turklah PATTERNS Io colors on Burlaps, Sample, 18237 lu., hook, directions. &c.. sent post: Pphld, on receiptof S3c. Calalegue frés. A STENOCRAPHER, " situatiun os privata ity or 1o eilkuuy with T o SRARNOURAYIL ., Chilcs 40, 111, PICTURE-FIAMES. PICTURE FRAMES A yLsately par 208 io ity AL <| son, of Kansas, wanted 322 members. and Bis party in this country. Ile evidently wrote under the Impression that Parnell would not return to Ireland from Puris, for he takes ocenslon to say that he despises the man who “slinks awny at the first hint of danger, leaving the people ho has fovled” at the merey of an enrnged class and Govern- ment, It i3 probable that Mr. Shuw's letter will only have the effect of swelllng the de- mand for the resignation of his scat. Fraxk Honp gave notice of a resolution in the House yesterdny which in effect means that the Agricultural Department will be requested to furnish statistics showing the effect of the present Revenue laws on u;c agricultural Interests of the country, Ile then proceeded to make « long speceh denouncing those laws. 1o denled that they were benetlefal to the coun- try. 1le was particularly severe on the pro- teetive duties on paperand the articles which enter into its manufacture, and he ended his Itle speech by afiirming that free-trade in this country wonld De the means of seattering ** the seeds of free government over free natlons everywhere,” whereat the Demoerats applanded, Mr, Keliey, of Pennsylvania, replied to Mr, Hurd in an effeetive speech, and, nfter a few words from Mr. Fulton, advocating n revision of the Tarlff Inws, the matter was dropped. —ey AN lmportant caucus of the Republican members of the House was held yester- day. The chief subject of discusslon wis the Apportionment blll. The West- ern members were In favor of k- ing the mnext Ilouso ecomsist of at lenst 319 members, while the Eastern mem- bers wanted the number fixed at 307, Ander- The general feeling seemed to be, however, that 319 was the proper number. Final actlon was mot taken, - however, and the eancus adjourned untit next week. In the meantime, Mr, Cox I8 to be nsked not to press his bill, 50 as to give precedence to the Appropriation bills. A general feellng in favor of .passing an Apportionment bill this sesston seemed to prevall, - ¢ Mn. Fraxcis A, PAvsen, President of the Broadwny Natlonal Bank of New York, fa the owner of the church. kuown as the Unlou "Fabernacle, in that elty, which Is at- tended by meehanics and gmall traders gen- erally,” Mr, Palmer, who 18 reputed n phi- lanthropist, beeamo dissatisficd with the pastor ot the ‘chureh, the Rev. Mr. Mingin, some {imo ago, and had him~}scharged the other day. Tho menibers -of ‘his congregns tion scem disposed to stand by the revevemd gentleman, and are looking out for another church bullding, Itis sald that Mr. Palmer 18 desirous of ' engaging the Itov, J, I, Now- man as the pastor of the Tabernacle Church, and that the Rev. Mr. Newman will necept Funrnen correspondence from Lima con- firms the aceount of the capture of hat clty by the Chilians published in-Tne Tmmuse of Wednesduy from our :speclal spondent, and goes to show Ithat had tho Teruvinn oftlcers acted with caution and courage tho capture mighi have been pre- vented. These later uccounts, however, tend to exonerate Gen. Plerola from all blame in thematter, It appears that ho lind retired exhausted, after bolug nearly four days in the saddle, when the order for retreat was glven, ' i S Stavronn Nonriicors, the Tory lead- er, stated In the House of Connons yester- duy that many members of his party were opposed to the rules proposed by Speaker Brand to obstruct obstruction. Tho Torles cheered the statement. Opposition to the proposed rules does not seein to bo confined to the Tories and Parnellltes. The advanced 1,iberals ure ulso dissa tisfied with them, and it s probable that the most objectionablerules will be withdrawn, — SrvEN Amerjean prisoners confined In Juil at Paso del Norte, Mexleo, attempted to escape across the Ameriean line yesterday worning, ‘Uhiey shot one of the guards dead, and were on the run when they were over- taken, A fieres fight .ensued, durlng which three of the prisoners wero killed and two of the guards serfously wounded, ‘T'he four surviving prisoners surremte d PraNG & Co,, the chramo and Christmns- card mnnufacturers und dealers, recently offered prizes of $1,000, §500, nnd $250 for the best, second best, and third best deslgns for Christmas-cards, Over 1,000 artlsts have sent specimens, many of whieh are sald to be highly creditable, ‘They aro now on pri- vito exhibition at New York, where thoy aro attracting much attention, WoueN and chitdren will not be exempt from the operation of the Irish Coerclon act, a motlon exempting thom having been reject- cd in tho Iouse of Commons last night by o vote ot %0 to 49, ‘The member who offered the amendment scurcely expected that it would pusg, but he has contrived to present tho English House of Commons to tho world in a ridiculous light, Tire: Democracy of Brooklyn is in o bad condition. Ous party wants to get rid of * Boss " McLaughlin, the other party wants him retalned, and thore are no indleations that these rival pariles will come to terns. Tom Kinsella, of the Brooklyn Fugle, Is the lender of the rebellion ngainst the * Boss,” 10 whom ho rel as an fnsulent autocrat, JIAVRMEYER& So¥, suinr refiners of New York, have brought sult agaiust Mr. Lawson N. Fuller, s New York politiclan, who, they clulm, sald at o meeting some two years ugo that they wera In the habit of adulterat- mg thelr sugar. The complainants claim $100,000, Mr, Fuller pleads that ho was war~ ranted by tho facts In making the charge,. A CrviL-SEnvicr Assoclation was organe ized at Boston yesterday, Ainong tho Vice- Presidents are Charles Froncls Adums, Jr,, John M. Forbes, George Willlam Bond, Sen- ator Hoar, President Scelye of Amhort College, the Hev. James Frecman: Clarke, Henry P. Kldder, and Martiu Brimmer, The President of the Assoclation will be chosen corre- |- I n few days. It will ndvocate that the work of the Government be conducted on business principlesy that competent em- ployés shall be retained in oflice during good hehavior; that office shall not be used to re- ward political “ workers”; and the non-in- terference of Congressmen and Senators fn tho mattet of patronage. AX express train and a frefghl (rain enme into colllsiont on the Chesapenke & Ohln Rallrond between Callnhan and Rockbone Statlons, Va., Inst night. W, R, Cundiir, the engineer of the freight trailn, was killed, and the fireman (Peck) was severely Injared, The engines, baggage cars, and several frelght ears were wrec M, Ernvtor F. Suremann was nominated for Unlted States Attorney of the Southern District of New York yesterday, in the place of Gen, Stewart L, Woodford. 'This 19 in neeordance with anticipatlon, and Is safd to be a concession to Senntor Conkling in order to secure his vole for the confirmation of Stanley Matthew: Avoon Knax has been heard from once more, 1le s at Maimund, on the borders of Afghanistan, and, taking advantage of the Russlan advance, has declared war on the Aaneer whomw England has set up at Canda- har, The British authorities in India are alarmed at this and other events transplring in Afghanistan, . A narT, supposed to be the one on which elght men took refuge from the bark Iiazard, recently wrecked off Nantucket, was observerd by the ship I’embroke on the 17th Inst. about forty mlles east of Cape Cod. ‘Chere wasno person on the raft, and 1t s feared the eight unfortunate seamen were drowned. PanrseLL is reported to have told Victor TIngo that an armed revolution in Ireland would be justifiable if there was a falr chanee of snceess, but, as the lrish are unarmed, there isnot, and that he has tried to prevail on them to maintnin peace and de- pend on agitation. v m— Mn. Jorx Howann PAnNELL, brother to the Irlsh agitator, addressed a Land-Lengue meeting at Atlanta, G, Thursday night, An Englishmau who attempted to address the wmeeting was ** suspended” and taken out by some policemen Axorngn enucus of the Pennsylvania Re- publlean legislators at Harrisburg last night proved nbortive on account of the stubborn- ness of the Leaver men, Beaver seeins to Lo the first, last, and all-the-thue choice of this faction, T spinners and weavers of Fall River, Mags,, have decided to Inaugurate a strike at from five to ten mllls, The mill-owners have decided, 1f the persons employed at some wills strike, to close out all the opera- tives, C. D, GusTEn, brother to Congressman Gunter, of Avkansas, shot and it is believed mortally wounded L. B. Gamble, recently, in Benton Connty, Arkansas, during a disputy about tho removal of n post-ofiice, e e TiE British Parlinment” i3 now over six weeks In session, ond all the real business ‘1t has done so far Is to pass tho tirst clause of the Irish Cacrefon act, which {tdud yesterdny Dy a voto of 302 to H. — DrTnorr seems to be golng Into the ship- building business, Yesterdany 114 Glasgow ship-carpenters arrived at Montreal on thelr ., way to Detrolt, where they will work In the Wyulock shipyard, S i (R —— Tuene are about twenty candidates for the oftico of District-Attornuy of Northern Ohlo, fn suceesston to Gen, John C. Lee, the pres- ent Incumbent, whose term will explro the 16th of March, Geonar Rickerr, his daughter Martha, and P'eter Allen, acolored man, were drowned ina ereek near Wotherford, Tex., Thursday, by the faling of a bridge over which they were passing. Fraxk Twicas, who murdered Willinm Driscoll, In Burke County, Georgla, Inst November, was hanged yesterdayat Waynes- Doro In that State. Hedled protesting hls fnnocence, By the Iguition of coal-oil while o lamp was being filled, Loufs Snider & Sons’ paper- milis at Hamilfon, O, took fire yesterday and weredestroyed. Loss, $35,000; Insurance, §:25,000, Two upAvy fallures were reported in Great Dritaln yesterday—viz.: Kort Bros, Iron-musters, of Glasgow, and Morrisun Bros., of Workington and Muaryport, England. et shmtidaniinanidd LonrAN V. Ki by, Postmnster at Falr- view, Neb,, was lodged in jall at Omaha yes- terday on the churge of robbing reglstered INDIANAvOLIS packers lave slaughtered 404,000 hogs sinee the 1st of November, aguinst 347,000 hogs slaughtered durlng tho corresponding perlod of lust year, T house of Fred Lanyon, on the River Sloux, fifty mlies from Sloux City, ln, wus destroyed by firo yesterday, A 10-months- old baby perfshed In the flmmes. Mi. Hiran DBansen, i, the Congress- mau from the North Shde, was nominated for Recelver of tha Land-Oflice at Mitchell, Dak., yestorday by President La, Sm——— Tukng hns been n great decline In the price of coffess in the London market on account of adviees of largo shipments from Drazil, SuArr-rox hns brokon out Inthe Massa- chusetts State Prison, One of tne prison oflicials has been taken down with the dis- case, DAve JoNks, u colored man, shot and killed another colored man, Snw Roborts, at Lawton, Burkoe County, Georgla, yesterday, PauviLL stated In the 1louse of Commons fast night that while he was In Iarls he was followed by two Government detectives, ity Lonn Wirias Pirr LENNOX, o Scottish nobleman, and brother te the Duke of Rich- wond, 18 dead, Ho was In his 824 year, — BARDWELL, ANDERSON & Co.’s desk fae- tory, ut East Boston, Mass,, was damuged by fire to the extent of §40,000 yestorduy, TWENTY-FIVE Louses were destroyed by firo at Scottsboro, Alw, yesterday, ‘The total Joss Is estumated at $10,000, WARMER, clear, and ;;;(ly cloudy weathe! tor this region to-day, - . 2 entire o & & with thelr own, Some defect andd Ine/ Nencles nve, alrendy been dise covered in'the bill. One section of the bilt authotizes the Sccretary of the Treasury to exchange these bonds for othor outstanding bonds drawing n higher rate of Inter est, ‘This contemplates the continuance of tho existing aorrangements of an exchange by direct denlings with the owners of the ontstanding bonds, butanother section of the bill provides that no bonds shall be Issued except after publle advertisement for proposnls. ‘These two sections are already constried as In confliet. Some of the ‘I'rens- ury oflielnls, however, are of the opinion that the 3 per cent loan CAN BE AUCCESSFULLY NEGOTIATED, but those who hold this view are Iu n small minority, The mnjority of them fear the re- FUNDING. Completion of the Foreshad- owed Humiliation of Sen~ ator Bayard. Passage of the Funding Bill, as Made Up by Speaker Randall, The Changes Demanded by the Senate Not Worth Fighting For. Secretary Sherman Unwilling to Say He Thinks the Loan Will Fail, He Is Certain, However, that the President Will Not Inter- pose u Veto. Jubilation of the Soft-Money Op- ponents and Rivals of Sen- tor Bayard, They Regard the Present Actionas the First Move in the Presiden- tial Game, Whereby the Western and Southern Dee mocracy, with Free Trade, Will Control the Situation. Benator McDonald the Head and Front of the Newly-Daveloped Line of Action, FEELING IN ALL QUANTERS, Bpectal Dispatch to The Chicago Tribunes WasniNatos, D, C, Feb. 18.~1n the pnss- age of the Funding bill to-day, the Schate repudiated the tecommendation of its Com- mittes on Finance, and adopted the bill of Mr. Speaker Randall, in preference to that bill asamended by Mr, Bayard. The princl- pal amendments reported by the Senate Com- mittee which were agreed to were those pro- viding for thie payment of interest semi-an- nually, making the timne of the bonds five- twentles instend of five-tens, and Inereasing the allowance for printing and placing tho bonds from one-quarter to onehalf of 1 per eent. The Democrats, generally speaking, with five Republicans, voted for the 8 per centrate of interest, while the greater part of the Republieans; with four Democrats and Judge Davis, voted for nilf percgnt rate. A nuniber of Jeading Repub- licans helleve that it will be finpracticable to floal 'S peg cent bénd, and hopg that the Prealdent will veto the bill; but ‘tho; Pres- fdent will not veto it." Bonddl TIHE SOFT-MONEY DEMOCRATS are jubllant at Bayard’s defeat, and say that it is the first move againgt hhin In the strug- ‘gle -for-’ the .Democratic nowminn- tion. for the Dresidency in 1881, In this connection, they enll attention to the, specch delivered by Senator Me- Donald Tast Thursdny, In which itis in- thuated that he lald the corner-stoneof o new, or, rather, reconstructed, Demucracy, which Is to bé organlzed [for the “volitieal battle-fields of 1582 nud 1884, and the doctrine of tree-trade or tarlfi-réform Is to become the, shibboleth, Tho Senator's speech was de- voted to showlug tho “benefits of frev-trade und tho evils of protection, SPEAKER RANDALT, referring to the positlon which the House would take with rezard to the Senate umend- ments to the Funding bill, sald that he was not prepaved to say that the changoe In the rate of commission to bo altowed for ue- gotiating the loan from one-quarter to one- half of 1 per cent woull Ue aceepted without further consideration and o conference. It hias been the expectation of the supporters of the 3 per cent measure that, funasimueh ay the Senanta has aceepted the bill of the House of Reprosentatives inall itdsubstantlal features, the ouse might waive its decision upon the minor question of commission. This feature of the bill, however, was under the specinl chargo of Speaker Randali when It passed tho Ilouse, and it i3 mafuly due to his eftorts that the rato was fixed at one-quarterof 1 per cent. Many Demoerats questioned the propriety ot 5o luw o figure, and some were doubtful whether that rate would be sufli- clent to vay for tho paper and cost ot engrav- ing, advertising, and the necessary commis- slons, TUE ARGUMENTA PRESENTED TO TUE BEN- ATIE ATE were 80 strong that the rate was fucrensed to one-halt of 1 per cent by a lurge mnjurity, “Fho Senutas Flnaneo Committee, signally de- feated upon most of its recommendutions, wiis able to muimtain this fenture of its bill, ‘Ihere wore ndditional reasons presented In the Senate to show that tho Increased come ission i3 necessary. A Randall, however, wished to muke u great deal of politieal cap- ital out of the hacknoyed story of tho Syn- dientes, and was especially anxious thut there ghould be no opportunity given in this bill for what he calls *the bank-grab.” There have been somoe changes of views In the IHouse, however, upon this question sluee the bill was sent to the Senate, and thoro 13 some reason to think that tho House will neeept the Senate moditiention. £ this can bo done, thers will probably be no conference upon the bill, as the simple con- currence in the Sennts smendments would pass i, Thera hus been HUME TALK OF A VETO, but this talk is purely speculation, Doubts less the brakers will uso rumors of that kind fur thelr supposed effect upon the murkoet, but thero {8 no fonndation for such re- yorts, Seeretary Sheran, referriug to the statement thut o veto would be possible, sald ta-night thut there would be 1o voto; that the bill was not o proper sub- jeet for a veto. The President, Secretary Stherman said he was certaly, would not at- tempt to Interfers with the decislon of the two Honges upon this question, und the blil would be allowed to becoms n law without Executive Interference. 1€ it should fail, thoss who passed It would be responsible, Boing usked Lf ho thought that it would full, Secrotary Shorman sald that he did not wish 1o bo regardod ng saying so, ME HOPED THAT IT WOULD BUCCEED, but that It remulned yet to be determined whether or not it could bo successtul, Other "I'reasury ofticlals who ure not under any re- straint from thelr position do not hesitate to oxpress the oplulon that n 8 per cent bond cannot be successfully negotiuted, il they suv that Hasratarv Sherman's viows are lu sult of the operntions of the new act, and anticipate a possible contraction of the currency. They say that n great vortion / of the banks will not fiml the profits in eirculation snflicient to warrant them In malntainiog their clrcula- tlon; that they wiil sell their 4 per cent bonds, which they now have as a security for circulation, In order to renlize the large profits upon them. and that, before July 1, there will be a sudden and extensive and DISASTIIOUS CONTRACTION OF THE CUR- RENCY under the existing Iaw, which permits banks to retire thelr circulation upon presentation of their legal-tenders. This Is the view of the pessimists. On the contrary, the sup- vorters of the bill as passed say that thero can be no question of its success, Senator McPherson ventured the prediction that the subscrloers to the loan would rush to the ‘I'rensury for the I per cent bonds as the poor dn toasoup-house in thue of famine. The agent of Fisk & latch here says that that tirm will subseribe for the entlre 3 per cent * loun, THURSDAY NIGHT. 'There were only fonr Senators absent and not paired upon the vote in the Senate last night fixing the rate of Interest n the Fund- Ingz bill at 3 per cent, These four are Sena- tors Blaiue, Carpenter, Conkling, and Sharon, Bayard was determined to make an effort In the Senate to lix the Interest nt 814" per cent, I'hirty-four Senators voted for # percent, and there were elght palrs, making a totai of forty-two supporting 4 per cent, uguinst thirty who favor 314 per cent. Nelther of the four nbsentees was: hers to vote to-day, ns Blaine und Curpenter were sick and Conk- ling und Sharon were absent from the elty, TIIY BILL ABIT 18, WASHINGTON, D, C,, Feb, 18.—Following {3 the text of the Funding bl as It passed the Senate to-day: AN AcT 1o fucilitato the refunding of tho Na- tional debt: SECTION ONE. T3e it enacted, efe., 'I'hat all existing provislom of the lnw authorizing the refunding of the Nue tion debt khull apply to any bonds of the United Stutes bearing u nigher rate of Iuterest than 4!y per contuin per unnum which may hereafter hecome redecable; provided, that, In licu of the bomis suthorized 1o be fasued by the act of July 14, 1880, entitied "An act toauthorize tho refunding of the Natlonal debt.”” aud nets nmemlatory thoreto, and tho cortliicates anthor-" fzed Ly thu aet of Fely, 26, 1870, entitled * An act to authorize tho issue of vertifleates of doposit in wid of refunding the public the Becretury of tho ‘Treasury I8 heree by nautborlzed to issus bonds to.un amount. not _execeding $00,000,000 In denominntions, of $50 or sume multiplo of that eum, which shall beur Interest at tho rate of 3 per centumn per, annum, payuble sem-unnunily, redecmnble nt tho ploaxure of tho United States nfter five years, ang rn)’uhlu twenty years from the date of 1ssuc: ulw Treasury notes to an amount not uxcceding §300,000,000, In_denominations of $10 or some awltiplo of that suwl, not exceeding, £1,000, cither reglstered or coupon, bearing fn- terestat arato not exceeding 3 per cent, payus ! ilo setat=nununily, rodevmablo nt_the pleasitre of tho Uniied Btates after onu your. and puyuble? Inten yeara from the dateof | i and no Tepnsury note of lesy denomination thun #100 8hAll bo reglstored. Bonds and Treasury notos she=il be, ln ull othor respects, of like character uod subjeet to the anme provision as the bonds authorlzed to e 1ssucd by the act of July 14, 1881, oentitied * At act to authorize the refunding of the Natlona! debt™ and'avis'ainondatory thore- to; provided that notbiig in this act stull be so construed o3 to nuthorizo tu fucrense of tho publio -debt; provided, furtlior, thut interest upon the ¢ per cent bouds hereby authorized 1o bo refunded shall couse ut the explration ot I thilrty days after publicution of notice that the, same has been desiennted by tho Secrctury of the Treasury for redemption. It shall be the duty of tho Beeretnry of the Treasury, under such rules and rogulitions us ho may preseribe, to authorize publio subscriptions ut not less. than pur, to e recelved nt il dopositorios of tho Dnited States, und ut ull National bunks, and Aneh otbier bunks us he llulfi' designnte, for the bonds und ‘Frousurs notes berein provided tor, for thirty «days before be shall contraer for or award ity portion of suid -bonds or Tressury. nutes to_uny syndicate, or indlviduals, or bank- ery, or otherwisy thau uuder such publio sub- . geriptions; and if it shnll huppou that more thun tho entire nmount of snid bonds and ‘Treasury notes, or elthier, huve been subseribed within tho eudd thirty days, ho shall awnrd the full amount subseribed to all persons who shnll have mude bona flde subseriptions tor tho sum of 2,00 or less, nt the rutes wnost advuatugeous to the: Unlted $tutes, nnd tho regidus rutably sunong subiseribems in proportion ta tho umount by thom rospectivoly subscribed, at the rates mostude vauiageous to tho United Btates, BECTION TWO. ' Tho Kecretary of the I'rousury is hereby Aus thorlzed, I tho process of refunding the Nutional debt, to exchunge, ot not less thun por, any bonds or Frensiiry notes herein nuthorized for any bonds of the United States vutstunding and cunicoled, benring o bigher rute of Interest thun {13 per centuin pee anium, and on tho bondy so, redeomed thy Beeretary of the Treasury may ale low to thu holders tho difference between the fnterest on such bonds from the dute of oxe chungo to tho thue of maturity, st the fnterest perfod on the bonds or ‘l'reasury notes nd tho bonds so recetyved and exchanged nee of the provislons of thls net ghnlt he eun and destroyed. Thit nong of the provisiuns of this et stinll apply to the redemp- tlon or exchunge of any ol tho bouds lssued to 1hie Picitie Itullway Companles. RECTION THREE, Tho Secretary of tho Tronsury 18 heroby nu- thorized und directed to mako snitable rules und renitlations to curry this act into oltuct, and the expen ur’lrulmrlug. 1ssuing, wilvertising, and disposing of the bonds andd Trensury uotes uu- thurlzed to bu issuod sl ot excoed oue-balt of 1 pereentuin, SECTION YOUR. 3 The Hecretury of tho Treasury I8 hereby nu- thorlzed, 1F, In Bl opinfen, it shull bueome nec- eusiry, to use temporarily vot oxcovilling 0. Q00 of the stundird wotd aud sliver coln in the Trensury in redemption of 8 and d per cent Dbonds of the United Sratod nuthorizod (o be re- funded by the provisious of tuls uct, whichshall,* from timo ta tiwe, bo ropatd sud repliced outof tho = prococs of tho salo uf tho bondd or 'I'reasury notes uutborized by this act, and he ‘may, 0t o ouny twe, apply the surplus.” money v the Tronsury 1ot othorwise uppropriited, or so much theredt; us he muy conslder proper, tu the purchuse or redemption of the United States bonds or “Yreasury notesauthorized by this uct; provided, that the bonds aud ‘Treasury notes 80 purchused or redoemed sbull constituto no part of the sinking fund, but shull be canceled. BECTION VIVE. From nnd after the st duy of Julx{, @ per cunt bonds auttiorized by the tirst section® of this uct shuil bo tho only bondd recelvublo us security for Nutionul bunk elrcutaton, or a3 socurity for gafu-keeplng und prompt paymuut at mm{ln monvy deposdited with such banks; but whet any suoh bundy, depodlied fov the purposes atoresnid, shuil be ' desiknated for the purchaso or redemption by the Secretary of the }l'cmuur , tho banklng “assooclution deposit- wamo shall have tho right subititute othur {ssues of bouds of tho United Buatesa in leu thercol; Providud, that 1o bonds upon which interest hns coased sbull by accepted, or sball be con- tinued on deposit us security for ciroulution, ur fur sufu-keeping of ammlu woney, wnd In vase tho bonas 8o deposited whall not Lu withdruwa, us provided by luw, withia thirty duysafter in- terost hua cedsod theveon, thy Danking assoctu~ tion devoaltiug tho i shull by subject to thiv lubilitles un rocumlmlps on the part of tho Controller provided for I Bec, 6, W4 of the Rovised Btatutes of the Unitod States; und pro- vided, furtber, thatBec.dof tho auctofl June 2, 1874, entitled an " Act fxing the mmount of, Unlted Sinted no providing for redistribu- tlon of tho Nutionsl bank currcuoy, and for othor purposes,” Lo wnd the sume Is hereby ro- pealods und Sees. 5,169 and H100 of o Hu- visod Stntutes of the Unlted Stutes b and the sama aro hereby reénucted. BECTION 8IX. .That payment of any of the boudy hores by uutl?oryued. ufter the ecxpiraton of five yoarw, shall he 'mude {n awounts 10 Lo deters mned, froim tlmoe to time, by the Becretury of 1881, the 3 !