Chicago Daily Tribune Newspaper, February 20, 1881, Page 1

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The Chicago 20, 1881—EIGHTEEN PAGE JOLUME XL. —— DBESS G00DS, CLOAKS, Le. 8 M. ROTHSCHILD, 158 State-st. he chlef attraction of the coming . % for ladies who study economy and light in Bargains will be in my press Goods Departm't e Rovelly Dress Goods- reduced to, .Wmfl'.......zsfl 5 Rovelly Deess Goods, Silk and Woul, . wrpyad, - - o-o- - 806 5 Rl Dress Goods, 48 fches g, o per yard, - - - 5 yis ALoul Colored Cashmeres, per wi - - - - 38, 486 and §0c 425 A1l Black Castmeres, fully 48 hes wide, now . - - - - T3 - 400 AL°Wool Black Cashmeres, flly 48 s Wile, oW - - - - B3 - puAl¥orl Blagk Cashmeres, fully 48 o e Wilg, o§ - - < - 6l 4 % WWorl Black Cashmeres, fully 48 4 pswle,mw - - - - 868 o Ups. Seateh Flas, Tafe styles, 48 0. ¥ile, 8¢ former price, $L25. I am closing out all my degant Black and Fancy ZBROCADE VELVETS at LESS than HALF PRICE. 4 WDTER GOODS will bé closed out 3 yithont regard to costy and the mew sifles of SPRING GOODS will be opened asfast as it is possible to make room. WINTER GOODS will be -sold while tieyare still fashionable at the prices fiey will bring. (loak Department 1 § 6.00 Tadies’ Cloaks for $3.25 . 800 Ladies’ Cloaks for 42 10.00 Ladies® Cloaks for 5.00 12.00 Ladies’ Cloaks for 6.00 2 15.00 Ladies’ Cloaks for 8.00 " 15.00 Ladies’ Cloaks for 10.60 1000 Ladies’ Dolmans for 6.00 1200 Ladies’ Dolmans for 7.00 .15.00 Ladics’ Dolmans for $.00 18.00 Ladies’ Dolmans for ~ 10.00 9,00 Ladies’ Dolmans for 12.00 *6.00 Ladies’ Ulsters for 4.00 850 Ladies’ Ulsters for 5.00 1040 Ladies’ Ulsters for 6.00 12,00 Ladies’ Ulsters for 7.00 11300 Ladies Ulsters for 8,00 ! The Spring Goods will be opened at the Lawest Prices that Fine Goods can be wld at. ; Erery novelty will be presented as soon ‘wproduced. i OPENING i TAMBURG EXBROIDERIES. Sow open, the latest novelties in Ham- - Edgings and Insertions, all quali- J [tesand widths. Also an elegant assort- d [nent of very flne goods in different § |viths, Special attention is dalled to 1 !W 233 inches wide, at 10, 12 1-2c, and 8 15¢ per yard, \t29—golored Embroidries at 56, 7o : 10¢, 12 I1-2c per yard. . TnmyHousekeeping 3 d | y Hoasekeeping and Linen Depart- 3 r‘fi‘}‘ ll! SIt‘ta“ offer wonderful hargains. 4 uttons I shall open the first .im- Wortation, e : ‘u‘Of Domestic Calicoes, Ginghams, and Hdawns, I shall show the finest assort- ¥ *etin the city. m!Y Ladies’ White Underwear. depart- 'H:t and my Infants® Ontfitting depart- t are entirely restored with new | Silk Department 4000 Blak Gros Gran Silk for 756 yard 15 Bk Gros Grain Sik for 8¢ yard 180 Baek Gros Grain Silk for $LOO yard T Blagk Gros Grain Silk for 125 yard &_02 Black Gros Grain Sitk for 138 yard 112, Baek Gros Grain Silk for L50 yard 3 Fekin Striped Satin for 626 yard 10 Lyms Satin foe 756 yard B Lyons Satin for 87c yard 10 Ljuas Satin for 100 yard Iwill exhibit ever: just . -y article just as ad- ::af’d‘ Those who can do so will con- leag u"JI‘ interest by calling early, as we {hegigr a3 &ive better attention when Brl Te is not so crowded. \“ ¢2s not for Aonday only, but for {41ery day throughout the coming weeks £ 1L, ROTHSCHILD, 68 State-st. .. .SUNDAY, FEBRUARY Dailn Tribwne, THE PIANO QUESTION. OPINION OF HER MAJESTY'S OPERA COMPANY. A SUPREME SPONTANEOUS TRIBUTE. The following Letters which liace been recels unigue and spontancous expression that has pedmerh ol ascendency of the . WEBER PIANO Tn the Musical World as pre-eminently the favorite of its ; e e T oo sovar L iances svon Pt ite of s smont Ulustr e ST E their kmoreledye,—the members of Her Majesty’s Opera Compan ot muonity e sent to wus at owr place of business without so Request of ¥me. ETELEA GERSTER. ‘ fiéfl%@%: : Z@/flfi, Ly IUE .ox 2l P y Z; m:/’,d.;,’,‘“,‘ 3 f."flf&-/ ‘_,1;_. AW A 5 ..,.z”;:;d,.;.,- ota. e z ’-.01% A LRer > oo W “r et [2/ %% /2 Request of ¥me. ETELKA GERSTER. Mr. Weber, whose Plano 1 alwaysuse. gave ma your address os his agents in Chicazo, of whom, doubtiess, Leonid ovtatn.a Weber Piao for & few days during m ere. Yrusting that you will favor me, Iam with thanks Gompliments as ever, yours very trul; S ETR L CRHSTER GARDINL Bequest of Miss CARY. CricAgo, Feb. 5, 185" Ar@uts for the Weber Plano—Gentlemen: 1 wish very much to have & Weber Plauo for 2 fowdave Fhiie we aye here. An Uprightif possible, but at all eventsa Weber 10 not disappoint me, but with snticipated thanks ‘believe me most sincerely yours, e Request of Mlle. BELOCCA. Root & Sons Music Co—Gentlemed: Will you bo ind enough to send me for & few days, during my . stay in the city. & Weber Pluno. Foliable instrument, although prefers Weber to any other, Thanks of Siznor CAMPANINL : -, (Translation.) My Denr Messrs. Root & Sons: much for the excellent Weber Piano w Tne. ‘The Weber Pianos are my- favorite, and.ns Jong 21 have been in-America I buve nover used oy oth~ er becausé 1 find them ot ; Tespectfully yours, L .4 T'thank you very. ich you ‘sent. The socret of the unparalleled success of fhe Weber Mr. Weber was hl'nl!el{ an educated musl("lnn, and 7eco| i 0 e tone, which he improved remarkably, T A e ir 4 By o vo Gesirable, and also, to @ degree bifore unattained , sneckanism, ho applicd Request of Signor CAI.P.L\'IXL .//4, fln?‘aa) AP AL o G = Bros it Lot gl el o Ml G5 Requost of Signor CAMPANINL Messrs, Root & Sous—Agents Weber Piono: Will you be 50 very kind asto: furnish me » Weber Plano m‘rv%" use while here on In New Sork 1 have sereral times had ono from Mr. Weber, and prefer them to ans other. 1TALO CAMPANINL Thanks of Miss CARY. Root & Sons Music Co.—Gentlemen: Many thanks for the superd - Weber” you 0 yenerously loaned Tmo. Hopea1shall be favored with another in June, When I nm bero for the German Festival. ‘Respeatfully yours, 3 M@ And the accompanylog letter, written by Mme. Etelkn Gerster to Wober, at the time of writing Lo us, uhou‘lng‘lhem\%her Intense desire to have ONLY A WEBER PIANO. . Letter from Mme. GERSTER to WERER, PHILADELPHIA, 20 Jan., 1831 Dear Mr. Weber: You sent me. two years L0, BN 1ast season while in New vork, such o spiendid snd sweet-toned instrument, that [ reguest you o fevor e with a Piai.o when larrive in Chicago, as your ia- strument suits me so perfectly. Theso _lotters mux all be seen at our Warerooms, No Ja State-st, und Lo addition similar Jetters from ihe following Artists of the Strakusch Opera Com= pany, of the present and last seasons, viz.: X RA BARTON CARLETON, 0. A, CONLY, N, iz, A DEE NOVELLLL Mr. I BERREN o And the following distingulshied commanleation from” -| . Mux Strakosch: (e } CrioaGo, Uet. 18 187, ‘Génilemens ) have been desired iy tie ‘membersof: | 1oy Company 10 thank you £0r.tlio Weber Planos sont By you La responsa 10, their requost, and 210 T0r 1150 on many previous oocasions. “Rospoctfully yours, : eising that, until this time, the devel lunie and Plano, which is so brilliantly empliasized in the Joreavin, from the léading artists of the Mapleson Opera Compan) andlothers present the mos dered O(IIIG opinion of the artistic u‘vrld,m i and estabtish beyond dispute the undoubted i Tt is pecutiarly gratifying to us that vhile OFFERED Planos other FERY celebrated makers had been placed in theif apartments leithout . liazing beyers e I cbor Planos, weve not satlsyied wihithe Planos sent with- eitation or our part, requests for Weber Planos as folloes: Request of slp'gr}nzn PUESTE. G Y Request of Signor DEL PURNTE (Travslation). Messrs. Root & Sons—Gentledien: I desire very much 10 have the use of & \Yobea?lllla during the two weeks that we remaln Intiis dty. Betog sure of your kindness, 1 beg "qn to send me one, but none otherthan 3 eber. With thonsand thanks 1 remaln yours trol DEL PUENTE. RN N S | Bequest of MARIE BBZ’S MAPLESON. Graxn PACIVIC HOTEL. Monday. Mesars. Root & Sons—Dext Sra: Will yog bo zood emiuph 10 send mo, durizg fny. stay in Chiengo.o SR plano ror my privatats. . Should sou be un- N eh do this, plense sond e another Piano which youcan recommend, althouzh I prefer & Weber Pi- Ino. Thonking sou in antidpation, . Yours very. Request of. Sigak i OVARA. 3 51 Jan., 181 0 Will you be kind Planoforto for thls Aessrs, Root & Sons—Gexat| enough 10 furnish me s \Ve ‘and the coming week, and oBigs Yours very truly, ‘! | Thanks of Signor GALAISI PAGIFIC HOTEL GHICA eb. |- Mesara. RoOE The VWgsr Plano which you “I“kindly sentme, at my reguest,{ found ax. alvuys, ex- cellentand preferable to angihermanutactured.- . X profic by this occaston to thaveyou, and remaln, Yours truly, 3 S 3 N f lies in its TONE QUALITY. ‘had been inthe dircction of nent of the plano rodncing @ broader and wmore mwical guality and i pacity, hi i ssessing that largeness of tono vol greaior singing capaciiy, his BT St T o e menders it 20 indispensable to singere because o ite sustabiing and harmoi- frat ynipathetic sensibility which B its characteristic, izing consonance with the coice. Added to this these instrui 3 that capital and experience, Enjoying all e a0 e e ceaor 1 oo roduction, the instrinests of this mal oy il linowen appianccs for reducing fhe cont of e e wtunimns of sulua scith the miimum of cost, e e e af W eher is the younest of tha great plaiy manufacturers. at irst little more than sevies of experhments, Groif iblic, lexs discerning and more inacceasiblc, was ® midly as.ihis idea becante @ faxt. ty in supremac, ments mechanically combine the highest T wergoct. organization, the most slliful sorkmen, cur bring £0 ita perfection, Mr. Weber’s idea was to perfect the {one of tiie: plasio. Iis business, Artivts hastened to indorse it by thelr preferences lower but not less decisive; andin the triumph of the Centennial Exhibitionthe Weber Piano achiecements bu the art o piano making. e may be said fo, x the highest possible deyree, the i ined th tmost 3ible secu Y. = Ty be said to hace attained the utmost possible SOONC L S o ried their preference for the Weber Piana, the following illustrious roll ias been From among the un; gathered Mad. Parepa-1to Ciara Loulse Kellogs, e KRawToom ZAnna Moblig, Jaa. M. Wehll, resa Carreno. ) Farry Sunderson, B B.Mls, Julin Rive-King, Wm, Mason, Max Margtzek, Sig. . Brignoll, _Edward Mollenhauer, S ann Strauss, Viens. Arabells Goddard, Yolce alfendy formed, or fOF LhO PUrpos Etelka Gerster-Gardint, Italo Campaninl, Glar. Campobelio-Einico, Anto L Galassi, Carmen Pisani, Henry Pyatt, THE ROOT o6 atest pawer and Binging quallty, tone, coupled with Kresiest BT (he' W ever Plano is superlor 1o any instrument known to us. 3me. Peschkn-Leutner, Christine Nilason, Tima Do Murskn, HMmo, Octava Torrinnl, Mrs. Zelda Scxuln, Franz Bendel, Bundmaster Godfrey, Pauline Lucca, - Annie Loulse Cary, - nt, Yictor Cupoul, Victor Maurel, Guiseppe Del Puente, - Romano Nannetti, Etelks Genster, for the season of 1575-S m! Her 2 " mpany bR as Sir: The e O hata of Tlor Majesty's (Col. Mupleson's) Upera Compay, who have uxd York City, while tenderinic their tbanks for £milin Parodl, Marie Roze Mapleson, " Labluche, Frank do Itialp, F. Frapupll, Gennaro Bisaccia, & SONS MUIC CO., Chicago. they know 0f no plang which equals yours. Emma Albani, Marie Roze, . liebrens, Curletea Pattl, Anta L. Galnssl, Emma C.Thursby, ¥ Frapopll, iag Hove Hersee, Mad, Anna Dishop, M. Atbuckle, Castle, Geo. W. Colby, torgan, 918 fitting and oloquent and conclisivo concluslon: ouly your (the your kindness, Luiz Arditt, Del Puente, ¥. Fmncheschl G. Thierry. Enrico Cimpobello, Marle Lido, DENTISTRY. r.Day, 133 East Madison-st. B RUBBER (R| & 15 est {ceLLuLom, Gold, $10. Filling, 1-1 01d Rates. VITALIZED AIR (Or gns) given frec for painloss extracung. 133 Bast Madixon-st- Inventor of Lower Suction Plate, which never loosens wmle_mlmng or eal ing; & years’ actual test without a failure. OPEN SUNDAY. PIANO. THIS i the only Plano where the Sound Board has R e e limuring: of the violin, which makes It free of all metallic sound. 182 and 184 WABASH-AV. CO-PARTNERSHIP NOTICE. COPARTNERSHIP. The undersigned have this day formed & copartner- ship under the firm name of & WEBSTER & JERNEGAN, s¢ of conducting o General Commission !riouruggsg‘:y?g:mn and Provisionsat Room¥, No. 1!5» nte firm o orter Vebster). (el CHARLES JERNEGAN, o porm e B LU TRy 3 rmission_to Washington cher' s::‘-'; rl’“l{fi;de{nplfi:l und Chicago; Jones & Ituymond, Chicago; Union ‘Natloual Bank, Chicago; Merchants' Shringe. Loan & Trugt Company, Chleago. Chicago, February 21 1351, SLISCELLANEOUS. 10 CAPITALISTS. /Tho writer wishes to lay before party of moans. 3 pian g0 extond und improve an established legit- Tirate, and successful buxjness enterprisc. Marin oTproits lurge. Best clty feferences. AddressB& Tribune office. Fieqant_Hialags Graves; OWN IMPORTATION, brls just received. Also Winter Nellis Pears, Florl~ 's new el aa Uranges, Parana’ Grapes 2 Prunes, Da Largest stock fing icago. TA! PHOTOGR. e a My 0§ PER DOZEN For PHOTOGRAPHS when 75 Madison-st., s making Cabinets for $4 per doz. equal to ANY.produced elscwhere. PER DOZ. H. ROCHER, PHOTOGRAPHER, 77-79-81 State-st., Chicago. REAL ESTATE AND RENTING. THOMAS LYMAN, ; 1. ROMEYN GIDDINGS, ‘for I years In the Portiand Block. LYMAN & GIDDINGS ‘Have opened an Office for a General Real Estate & l}gntingl}usiness {01l WASHINCTON-ST,, Boom 8, on First Floor. Parties having property to sell or rent are invited to leave description. nvestments und management of estates s speciaity. OPTICIANS. Fino Spectacies suited to an stehts on sctentiflg principles. raand Pleld Glasses, Talesco] e Pomotars. et e REMOVALS. REMOVAL, The subscribers cordially thank their patrons and friends for their generous and liberal patronage during the past_year, that has necessi- tated their seeking a larger and better adapted room for the transaction of theirlarge- ly increased business. It is with pleasure that they an- nounce they have leased, and will removeon oraboutMarch 1, 1881, to 206 Dearborn-st., Honore Block, one door south of main entrance, where they will open a varied and choice stock of NewImported Goods,' embracing the most desirable Novelties of the coming sea- son, to which they kindly in- vite your attention and in- spection. JOHN STEVERSON & C0,, Importing Tailors. STOCKHOLDERS' MEETINGS, - Notice Is hereby given that the Annual Meeting of the Chicago & Grand Trunk Rullway Company will ba bafdat e Patmer House. in the City of Chleaxo, i the State of iinok, on Wednesdey, the St day’ of March next, at 2 o'clock p.m. _ CHAS, PERCY, Secrotary and Troasurer. Port Huron, Mich., Feb. 7, 1501 Notice is hereby wiven thiat the Annual Meeting of oo Grand Tyuni Juncuon Railway Company will be he'd atthe Palmer llouse, in the City o (‘h{fllfiflw in Hre Sfme of Tilinots. on Wednesday, the 9ib duy of March noxt, atg oelock . CHAS PERCY, ecroe! und Treasurer. Port Huron, Mich., Keb. 7, Il BUSINESS CARDS. REAL ESTATE. FOR SALE. o mar! h No. 323 Michigan-av., o, atee marble £roR MRS NG i Bearboraac SHORTHAND & TYPE-WRITER truction given by l : BROWN & HOLLAYD,_ - . Bee edncational wl“mfimemm, 50 Dearborn-st.. | Gasa 24, 200 pes, $1.74 peryi. EMBROIDERIES, dc. Sea’s This Week. —_— ART STUDIES. Embrotderies on finest. materials, French, ‘Nainsook, Organdies, Mulls, Soft Camn~ Drics, Swiss, &c., £e.y On which In delicate Needle-work is ARTISTICALLY EMBROIDERED Landscapes, Gracoful Vines, Birds, Flowers, Clusters of Frast Artists' Faneles, Scrolls, Art Pattercs, Con- /| Yentionsl Designs, &e- &c., &¢., & MORE AND FINER EMBROIDERIES ‘Than the combined stocks o EVERY STORE ON STATE-ST. An inspection will prove this. NO SUCH GOODS (To the best of our knowledge and bellef) were over |- brought belng THE FINEST EMBROIDERIES Possible to mapufecture, and were only mada by th Jariost manufacturer in the world, 7 NOT TO SELL, BUT AS Specimens of tho perfection of his art. Thisentire Sumple line, wiibout limic or raserve. will positively 0 301d ot SEA'S THIS WEEK At One-Quarter Actual Value. We ask the attention snd attendsneo of cuitured people, for only such cun appreciate this offering. THEY COST US OVER $14,000.00. 16,090 PIECES oz 70,000 YARDS, And we risk this money, relying on the same generous support. ‘accordod to our padt sales. DO NOT FAIL TO SEE These attractive specimens of EMBROIDERED ART, THE ART LOT Wil be distingulshed from the Jot described In next column by being beld in place by YELLOW RIBBONS, ‘Hence called the Tellow-Rivbon Lot. LADIES will, ‘and others are requested, 1o inspect und HANDLE WITH CARE ‘Theso DFHmLe and Rich Goods. ~ WILL BE FOUND Sriisesiess ™ & firm there had 100,00 ‘brolderles which he could nrds of oy ot ON EXHIBITION, Who assured us we couldn't “finish” them * white snow.’ We took the risk, ordered them, And will place them on sale to-morTow at ONE-FOURTH VALUE. BEAUTIFUL PATTERNS,- FIRM CLOTHS, 90,000 Yards 12,000 Yards DAMAGED BY SALT. WATER (En voyage). The latter we have cut into Remnants for A GRAND CGRAB. Price of each Remnant, regardiess of quality, Remnants measure 3{ yd. to 13§ yds. and yary in val from3cto mcgéer 1 VA Sime price, One-half of One Cent. = . ‘Worth In arls ki - $5.00 % $7.00 - PER YARD. SEA'S PRICE, $i.74- ‘Finest Art Specimens of Needlework on. Swiss, Mull, Organdies, Nainsooks, and . Firm Cloths. £asa 23, 100 pos, prce $1.48, including qualities worth '$3.50, $4, & $4.50 Por Yard. Sea’s Price, $1.48. Quality stmilar to Caso 24 Gase 22, 118 pes, price 98 ¢fs. : 98 cts. Torth $2.50 to $3.50 per ¥a ra,’ Including Organdies, Swglsaa;nlnsonk, and finest Firm 5 ’ :Fln: Quatity. Spring Patterns, at ONE-FOURTH VALUE. . we r_uug:‘rq(use 10 sell less than “a 31 55 yards) of auy pattern. STARTING PRICE, o B »| I 2 142 s - Prelly Pattems. - It 3, 2ds Fine Clls, lat 4, 3 s, - Fim Elges I L I I ! CASE | CASE 2l 20. PRICE, PRICE, 96 67c. Worth $2.00 io $3.00.|Worth $1.50 to $2.50. Gase 18, 196 pes, price 49 cfs. Swiss, Nainsook, Organdies, Mulls, and Finest extralioidth Hamburgs. FORTY-NINE Cents, 49, 49, 49 Cents, worth from $1, §1.50, '$1.75, $2, and $2.50 per yard. CASE 17. CASE-16. 54 ds 0o ek 6, 5 ds 442 Toles Wide £ 7,7 ds 50 Choiee Patfers £ 8 9 ds 2 hes Wile 0, 11 ds Yaonient Asstment 10, 14 ds. " Skilng Wilhs.. 1118 s Works of A, I Lo PRICE, PRICE, 13 2 ovel Desiens, Bl o o Tt 13, 29 s Novel Design ‘Worth SLOG = Worth 8 cts. - 33 ofs,, 48 cts,, 59 cfs. Case 15, 403 pes, price, 18 ¢fs. I 8 -l Lota 14, 15, and 16 complete the Worth 50 cts, g cf? a.mz 7Gctss 90’ 000 Yfifds CASE 14. CAZE 13. FINEST Sgs | 2os \Tanbing Dnbroters Bl Organdles, fno Cambrics, Mulls, finest Hame Swisa, Org Y eilow Jtibbons, Art Embrotderies, 9 and 1 cents. e isdieil T CASES 10,1112/ CASES 6, 7,8, | ONE-FOURTH VALIE 6 cts. 4 cts. : Askto be shown the Yeltow anbun:;hfri!fl:%l%:!‘ia widths, 4 and G ot8.; “N BLEAGHED SHEETS ‘ IASE! Worth G155 B CtSu scsiosen Yery fino Cloths, Firm Edgos, Pretty Patterns. ‘pluck it took to buy them *in the brown.’ ONLY NEXT WEEK SOME OTHER WONDER. VANT. On Toproved Propety i Cieagy 1] 100 Dearborn-rt., busement. CELLULOID GOODS. CELLULOID ( Water-proof Lin- en) Cujffs, Collars and Bosoms. Price Lists and Goods sent bY mail. Call or address BARNES Hat Store, 86 Madison~st., Tribune Building. WANTED IN BUFFALO. CGASPER WITTMAN, JR.. Ing anything to sell throuzh Agents. ‘A STENOCRAPHER, pniestodo legal work. A Bit,7 care C: A. Cook & Co., Chicago, Il UNBLEACHED EDGINGS. Some time since our European Buyer wrote us iiz-z nbleached Em- 10 cts. on the Dollar, {3 they conld seo no value in them, and asked, * Shall 1 buy? He inclosed samples (which we have now And which are quito s curiosity). Theso samples o showedto s PROVIDENCE YANKEE BLEACHER, BLEAGHED THEM OURSELVES, FINEST EDGES. ALL BEAUTIFUL, FRESH, PERFECT. HAMBURG EMBROIGERIES But us we give yon 4 yards for the price ef;rzi’g yard, Per yd., three-fourths Inch Wide. Actual value, ic. Tob12, 24 s 3,000 yds, 3 1-21n. ile 0t Hamburz Embraideries. It will show you what - Sea’s This Week. S AN ~ MONEYTOLOAN CAPITAL WANTED . & CO.; American Block, Baftato, N, Y., want the Cotalozue of overy ono have | (o, wholsalso a_lawyer, desires n situntion as private socretary. or I any other capaclty, OF L0, COIAKD i PRICE FIVE CENTS WASHINGTON. Unequivocal Statements “by the President Touching the Funding Bill. He Will Not Veto It, Though He Thinks It a Very Unjust Law. No Loop-Hole of Escape Left for the Bankers by Car- lisle. Short Sessions of Both Honses, on Account of the Funeral of Fer- nando Wood, The Pleuro-Pneumonia: Bill Goes into a Decline in the Senate. Apporfionméni Compelled to Await the Action of a Republican Caucus. prisal Against Le Duc—No Extra Session. Senator Edmunds Will Fight the River and Harbor Grab Tooth and Nail. Fifteen Millions of Taxation to Be Taken Off—Gen, Sherman—Harrington— Record. FUNDING. GREAT EXCITEMENT IN ALL QUARTERS. Spectal Dispatch to The Chicago Tribune. WASHINGTON, D. C., Feb. 19.—The dritt of opinion in Washington s decidedly against the probability that President Hayes will veto the Funding bill. It gues without say- ing that no Democrat in either branch of Congress belicves it even remotely probable that the bill will be vetoed. In this bellef al- 1most all Republicans coneur. In conversa- tion with n TRIBUNE correspondent this . | evening, Secretary Sherman said: . * 1 have no expectation that the- President will veto the bill; although I have had no conversation ve | \with him on that subject. . 1 do not se¢ any ground upon which he could base a veto. - It . the bilt is a practicable one or not, and . Wl : .- NODODY CAN TELL o until it bas been trieds -, Of course I have an opinioy ups ubjeet...but. Lam not avill- ing to express it, because it might cinbarrass uy.suceessorswho will' doubtless make a strong and determined effort to earry out the law.. I remember, too, that our + per cent bonds sold rapidiy, although when the ar- rangements. were made to pit them upon the market nearly everybudy -said the attempt would ena in failure.”” 2 “Do you -anticipate a great and sudden contraction of the currency by the retireent of circulation by the Nutionai banks in pro- portion to the amount of 5 and 6 per cent bonds deposited by them 2’ asked the corre- spondent. “No doubt there will be A CONSIDERABL TIREMENT of circulation by the Nutional bunks on ac- count of the passage of this law, but I do not apprehend disastrous consequences frowm it,” was the Seeretary’s reply. While, of course, Secretary Sherman did not express such an intention in words, the correspond- ent received an impression thet Mr. Sherinan will not, if his advice 1s sought by President ct, counsel him to veto the sation on the szme subject with a TripU correspondent this evening, Revresentative Claflin, of Jassachusetts, said: I DO NOT BELIEVE President Ilayes will veto the measure.and 1 eaunot think of any reason that would jus- tify him in so doing. Of course, we want to borrow money as cheaply as we can, and no- body can tell until it has been tried that s-per-cent bond will not sell at par.” “\What do you think is the prospeet” asked the correspondent. I think the Sccretary of the Treasury will be able to put out, somehow, $39,000,000 of the certificates. “'he banks can muunage these for & of 1 per cent, which will "practi- cally nake the interest 33 per cent o, the certificates for the first year, because the Seeretary will be allowed %{ of 1 per cent for expenses on them, the same as on the bonds. Then, I think, the National banks will take about 510,000,000 to replace that amount of 5 and G per cents, now deposited to secure circulation. ‘The Secretary will be ‘authior- the extent of fifty million dollars to buy bonds, subject to redemption, and the Sinking Fund will absorb about 560,000,000 wmore. p IN THESE WAYS about $250,000,000 of the rédeemable bonds probably will have been provided.for before 1 | Congress assembles next December, or be- forc the autumn demand for caiTency creates a stringency in the money market. Probably 540,000,000 of the redeemable Dbonds will still remain outstanding, and the next Congress will be compelled to raise the rate of interest to call them in”’ i “ DO YOU APPREUEND A DISASTROTS CO: TRACTION of the currency as a consequence of the €n- actment into lnw of the present bill > « I presume there will be something of & contraction,—say one-half the amount of the cireulation whiéh is based upon redeemable bonds. . This will doubtless create somo stringency in the money market, and prob- ably produce something of & commercial panie, 1 think 1t will, no doubt, depress the prices of stocks -generally. —But there could hardly be a_better time than the pres- ent to try a financial experiment, if one must be tried. * The country is_very prosperous, and tgemonny ‘markets of the world are very easy. REPRESENTATIVE TOWNSESD, OF OIIO, received this evening the following dispatch: CLEVELAND, O., Feb. 19, 1881.—In our judg- ment, the Funding bill ns passed oy tho Senute will be fatal to the Nulonal bankingsystem, and st force thegbunks to retire circulation, und bgm;gg;‘:‘gl; N e sua e‘gfl;-;t;l: Tesult disustrolisly to ull branches of busioess. . " mar! 3 - 1d. und paying—#nd offe liable ind 1y This dispateh was signed by Daniel F. AT SIX PER CENT. %‘gn%uflux?;&'énm,\u‘fixi;mxor lolnduca2e’ &, | Eels, President of the Commercial National Apolyte WAL ¥, JACORS: ribano pifics. Bank; J. H. Wade, President of the Savin, Bank; A. E. K. Spencer, President of the First National Banle; S. T. Everrel, Presi- dentof the Second Nationat Bank; John Me- President of the Ohlo Nationul Dauk: S, P, llandy, President of the Mer- chants’ National Bank; Amasa Stone, by the Cashiers of nearly all the baoks in Cleveland. It is understood that many of the louse of -Repre- ith . | other members Congressional Measures of Rea. is merely a matter of opinion.as to whether ized to use woney iu the Treasury to |

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