Chicago Daily Tribune Newspaper, February 22, 1881, Page 1

- The Chir TUESDAY, FEBRUARY VOLUME XL. SHIRTS. The numerous advantages of an experience of nearly twenty years in manufactur- ing for the fine trade of the principal cities of the West, and the constantly increasing demand for our goods, war- rant us in asserting that our Shirts possess every merit attainable by the use of dur- able fabrics and artistic work- manship. Our stock of “READY- MADE"” SHIRTS embraces all desirable styles in Men's, Youths’, and Boys' sizes. WILSO BROS,, 113, 115, 117 & 119 State-st SELECT TAILORING, “SPRING, 138, Qur new modes, together with ‘our early importations of cholce fabries for the senson, now in read- iness for inspection, 10 per cent discount until March 1, 1881, and 20 per cent on all Heavy winter Goods for same perlod. EDWARD ELY& CO. TAILORRS, 103 & 165 Wabash-nv., cor. Monroc-st, VACCINE. The State Board of Health RECOMMEND THE PURYE ANIMAL VACCINE BOLD BY GALE & BLOCKI, CHEMISTS AND DRUGGISTS, 81 Clark-st,; 44 & 40 Monroe-st,, DPulnier Jlouse; I3 (7 {70+ MUSIC BOOKS ror. §CHOOLS! Song TBells. [, o intet ook d for Common Sehouls, 1y L O, EJVIKON, Man n grout varloty of choerful, fental wunieal sonen auch na tho giria ind boys must lke, tho ais0 wood Llementary Courso, Among our olier an dord Sehool ¥one Naoks, that aro still favorits in courtant demnnd, we ention W hipeyen (@) cta), M ockings 810 toe, nnd Golden Xuhin (0'cta), ull by W. O, TEREINS. ‘Welcome Choru for High Schools, Acndemies, and Sei TILDZN. 1s of tho bust chinracter, and w tied D follow thoss mast successful booke, the $Tigh t e Hour of Singtng (41 )| and tho I, AL0) Tho In ets sl runes tor Justout, as & wood book for practice ‘Academlox, a ‘olleges. Opersttas and Cantatan for Nehonl Exhihtions, Coronation (0 eta.), Culnrit Fay (31), Falry Bridal (10 &), Flower Quou (ew, 73 ets, 5, Guardini Anual (0 ). Hour in” b £t Littie Bo-Taoh (60 ¢ Newyear's {iva (@) cid.), fnguarrel monn Flawrers Ul ofw.). Hpring loliz ad Cin . aron an Sy ISR ). whd Cindorlln & ets.), aro al! Iivoly LYON & HEALY, Chicago, Ill. OLIVER DITHON Acena want In ever fonr §9= Whero wl{ e X ple E cfi": will el REED'S Templo of Music, 8t., Chlcago, Stocra M u’i?-',g]'gg@;!yn J}.H"E flus¢ mME‘EHN»E%m ot pedicsen & Grima ik ey oy me wiff v b Stata o fl\'mxrml‘i::\u\‘\-, in tho ot Chicauo, In Harc noxt at T ocrock pra o CHIAL LAY, O *Porturon, nte, ey, §SGF510T 0 Freamirar. Jotice \a nereb, (hce 8 hiereby wivon that the Annuol Moeting of m'{:m Teunk dunctlon linliway Company il ba fobtidhe bl tini o Ciry oF Ot Maren net, oSt etogk e R AL P Bucrotary and Yreasirdr. < Maron. Migh., Fab, 7. — iy 00 { hloio. 10 usday. tho Stk g OF CHASN. PERCY, 'm-p lge_emmus suted "4 to all stahis on aclentifig e, tavera nid Flold"Glussos, ‘aloscopom Mi otere ot AugusTyg i 0. tfromandater Junuary first, 1881 W_l»li.l_AM BLAIR & CO. — HALL tetires from our firm "FOR SALE. 00 Horih g ark-st,, a First- 1 rf{“;;{;": n':l‘:'rflfg‘,'“‘l will be El'p?n’lansnsd.s.}lgsr'!u . LISOLUTION NOTICES, Foiontupar, DSSOLUTION, ™ s :né.;:’:, Ineo dven thut tha °"&”.§3‘R’flfl'.h'€f"v‘£ o0 TILGIMA LENAN on- S deenurg o H\r:l will be ‘continued by § : 5 m‘?fikg,.lllllfl“ T CELLULOID GOODS. ~ LELLULOID GOODS. i et A A AL AL T, wl‘f‘l;;m:uw ( Water-proof Lin- Tl Collurs and Bosoma, Frice or o Ul Goody sent by mall, Call M‘Wrm BARNES' Hat Store, 86 H=atyy Tribuno Bullding, _@I;;’g @ribmx»_zi Population of Chicngo, = = G03,304, A nanar meeting under the ausplees of the Anti-Monopoly League was held at the Cooper Institnte, New York, last night Peter Cooper und other distinguished citl- zens woro present. Organization to earry ot the purpuses of the League to erush nio- novoly nnd to protect tha taxpaying and wnge-earning portlon of the community was urged. Judge Jere Black was the prineipal speaker of the evening. Ile held that versons connected with rallronds should be excluded from ofiiee, ealled attention to the inerensed power of these corporations In politics, and the power whleh they have mained over the State and other courts, Senator Windom sent a letter sympnthizing with the objects of the meeting, bul warnlng the promoters against the splrit of Com- munism, 1o denounced the rallroad and telezraph monopotles, and polnted out the dnnger that threatoned the people from the fact that the telegraph lines of the country were practieally controlled by one man. Congressman Reagan spoke and explained his bill, which he clulmed was only n step in the direction of curbing the power of monopolles. Resolutions embedylng the spirlt of the meeting were then ndopted, % Tamuxr representatives had interviews wlth several packers yesterday with regard to the recent refusal of tho Freneh Govern- ment to permlt the Importation of Amerlean vork into I'runce. 'I'he packers were semes what divided in opinion as to tho cause of the prohibition; some nlleging that it Is due to the exaggerated reports of the prevalence of trichime In Amerlcan pork, others that tho nctlon was duo to pressure brought by the representatives of the French farmer communities, which have suffered by Amerlean competition, pn their Minlster of Commeree to put & stop to the importation. 1'his Iatter party think that the actlon of the Freneh authoritics indicates an intention to Imposo a tarfif on Imported Ameriean produce of every kind, Adviees from Franeo and other polnts, however, indi- ente that tho prohibltion Is more probably due to the carclesuess or cupldity of somo Ameriean exporters in sending meat of In- ferlor quality or hadly cured ment to france, and that the restrictions will be svon re- moved, o GAMBETTA I8 llkely to have considerablo trouble in explaining his nttitude on the Greek question. Recent revelntions seem to show coticlusively that Gen. Farre, Gambot- ta’s Minister of War, encouraged Greece at one {lme, promising to sell that nation 0,000 muskets, and otherwise led Greeeo to be- lieve that France would support its demands, ‘I'he French people, who have been prosper- Ing in recent years, were not prepared for war just yet, and Gumbetta, properly gaug- g publle sentiment, withdrew his support from Greece. The oppounents ot Gambetta will not be slow to wake use of his supposed action in this matter to injure him politically as much as possiblo. Nor wiil his denlal in the Chambers yesterday mend wntters. 1t was too sweeping, and, faken in connection with the nterpretation ha bt on his own Cherbourg speech, Wil be looked on with oxiremo suspicion. Mun, Apas introduced n bill in the House' yesterday to ereato n Doard of Fiseal In- spectors couslsting of three members, not more thau two of them to be members of tho same political party, and each one of whom may retabn officeduring life or gond hehavior, thelr dutles to consist mainly 6f u superin- tendence of the accounts aml bookkeeping in the Treagury Departinent, M. Urner intro- duced a blll providing for the appointment of & Commlssion to inguire into the abusesto which comnunities and persons nre subjected by the diserimination of railrond companlesin the matter of freight and passenger rates, and to propose a remedy. Itproposes that the Commilssion shall conslst of three mem- bers, ons of whom must have practleal knowledge of ratlrond affalrs, one a legal gentleman, and ong a porson engnged In com- merelnl pursuits, o—— IN his speceh at Clarn last Sunday Mr. Parnetl [ntimated to some tenantsthreatened with evictlon that if they plowed up their gruss lands before being foreed to quit their farmsfwould not be so suitablo for grazing purposes, and would not bo so such sought by *“land-grabbers.”” Yoesterday notice was glven In the House of Commons that & ques- tion would bg nasked to-day In the Housoas to whether My, Parnell’s remarks might not be interproted to mean incitement to tenants to perpetrato acts of vielence, mn& whetlior Mr. Parnell ought not to be arrestdd in con- sequence. It would seem thnt the landlord wmemboers of the Ilouse are a fittle hasty, for there Is good -renson to-believs that their arch-enemy will be arrested as soon as the Coorclon bitl 1 passed. M. DAavis (W, Va.) introduced the Legis- Intive Apvropriation LIl tu the Senute yes- terday, 1t provides for the nppropriation ot 817,815,200, the Senate Committee haviug added 710,00 to the amount appraprinted by the bl as It passed the House. Mr, Davis oxplained why the addition was mude, say- fng thay It was required by fncreased work and tho necesslty for an Increased elerlenl force In the varlous Government Bureaus, particularly in the Penslon Bureau. Tho bill was diseussed at somo length, but not disposed of, Tue Porte has Informed Germany and Austrin, so 1t 13 sald, that it is willing to give up Thessaly anda portlonof Eplrus to Gireece, but'that it will not yleld Janinn, Motzova, or Prevesa, Now Greves, belng desirous of having o “sclentifie frontler,” wants all three places, and 8 the King of the (irecks has enlled out the reserve forces, und s one of tho Athentun eolleres 1s betug turned into 0 hospital, 1 would seem, notwithstanding the Intervention of the Powers, that thero will be soie blood-letting before the matter Issettled, — ‘Pare ‘Trustees of the Ames Mothodist Epis- copul Chureh, of Now Orleans, deny that the recently-appointed pastor, the Rev. Dr, Webb, 15 objectionnble o thom, or that he was barred out of the church last Sunday. ‘They suy that it s true that they we disup- pointed at the romoval of the Rov. Dr. Bristor, whom they regurd vory highly for his abllity, eloguence, and plety, but that thoy will proceed In the regular way to se- curo his recall. ———e Soxx of the Natlonal bynks dolng business in New Yorkand a fow dolng business In Boston have resolved to withdraw thelr clr- culation In consequency of the certajnty of the 3§ vor cent Funding Dbill hecoming law, a4 22 -y 1881— Mr. Bialr, Prestdentof the Merchants’ Na- tongl Bank of this city, suys 1t Is the inten- tlon of his bank to withdraw its clreulation alwo, Beveral other National buuks are con- templating ndopting the same course, Mit. MeMAnoN offered n resolution In tho Ilonse yesterday enlling for full nnd detabled Information from the Secretary of tho Trens- ury as to the refunding of the 10-40 houds In the year 1870; thesyndicates, hankers, ngents, ele., through whom the new bonds were plnced on the market; the cost of refunding, vrinting, advertlsing; and, In fact, Infornn- tion s to overy detall of tho negotiations, "T'to resolution was ndoptedl. CounT VvoX Evrnxnrio hns resianed his position ns Minlster of the Interior in the Prusslan Cabliet on nccount of dlsngroe- tiient on questions of State policy with Bis- marck. ‘The Crown Prince and the Emperor have striven to get the Count to withdraw his reslzantlon, and Bismarek has withdrawn his objectionable language, but so far afl at- tempts to settlo the matter have been unstic- cessful. ‘Tur Boston militlamen now visiting at New Orleans have been welcomed right royally. ‘They have been tendered the hoypitalities of the clty by Mayor Shakspere. The Soclety ot the Contederate Army of the ‘Tennessco passed resolutions of fraternal greeting which wero printed In gold on | sating and they were tendered a recention by tho Assoclation of the Confederate Army of Nourthern Virginl ey CuALMERS, of Mississipol, introdueed an anti-protective farlff resolution in the louse yesterdny, the purport of which is, that after an atricle Is manufactured In this- country for ten vears the tarlff huposed ou similar articles Imported from another country should be such only as would protect the mechanie, and 1ot the capitatlst. e Ir s rumored In Staten Island that Edward Refnhardt, the murderer, who was believed 1o have been hanged some weeks ago, Is still alive through the connivincs of the authorl- tles, and the Staten Island people nre fudlis- nantand want to findout what truth there Is in the rumor. S Joux Ilonxew, Attorney-General in the leaconstield Mlinistry, six other Torles, Including Mr, Gorst, andseven Liberals voted with the forty-nine Home-Rulers in opposing Mr. Glndstone's motion to end the commit- tee-stage of the Irish Cocrclon biHI last alght. It appears that Mr. Glrdstone ds not yet satisfied with the rules of the Iouse of Com- mons, ond has glveft notles that as soon s pressing atters are digposed of they will be consldered with a view to changlng them 80 08 to tend to the expediting of urgentbusi- ness. SeenerAny Evanrs, in behalfl of the Khedive, will formally present the Obelisk to the City of New York to-morrow. Mayor Grace will make the response, smd Theodore ‘I'homns witl conduct the musienl part of the ceremonies, which will be nll voenl. pr——r—— M. GrAnsToNE stated In the Iouse of Commons Inst night that thero was no reason to fear a Russlan advancs on Merv. Lord Dufferin had been assured by the Russian Minlsters that Russin’s Intentlons, as far as England 1s concerned, are pacitie, Ox motlon of Mr. Wells, the ITouse rofused yesterday to coneur fn the Senato amend- ment to the Indian Approprinflon bill con- tinning the Indian Commission. Conger’s mation to concur in the Sennjo amendment was rojected, 124 to 105, ——— Jous Jackson and Frank Dtto, two help- ers employed In a livery-stable nt Nebraskn Clty, were hurned to death yesterday morn- Ing. The stubles caught fire, and, while attempting to rescuy the horses, the burning hay-mow felf on them, A mrn glving the Cherokeo & Arkansas L River Railrond Company the right to con- struct a rallrond through the Indian Terrl- tory from Arkansas City, Knas., to Tort Smith, Ark., passed the llouse yesterday— 121 to 34, ———rr— Itis thought that Boaver and Bayne will rclire from the Senutorinl contest in Penn- sylvania, and that the contest then will be between Messrs, Schofield, of Warren, and Shirag, Jr., with the chaneces in favor of tho Intter, Ar the British Cabiuet Counell Inst Satur- duy it 18 believed that the desirabllity of bringlng In the Irish Land bill befors the Irish Disneming bl was discussed, but with- out finnl conelusion belng arrived at, st Ay Sexator Davin Davis presonted tho resolutions passed by the Minols Leglslature with regard to the retirement of Gen, Grant In the Sennto yesterdny. ‘Dhe resolutlons were read, tabled, and ond printed. Tug valuo of the domestle provisions, tal- low, and dairy produets exparted from this country during the wonth of January of this yenr was $15,218,057, aguinst $O547,147 dur- g Junuary, 1 Ox motlon of Mr, {looker, the Housa yesterday passed tho il to ascertaln the amount duo the Choctaw Natlon of Indians Dby the Government by u vote of 174 to 41, Tug House Committee on Eieetlons has declded to aismiss the petition of Mackoy for the seat from South Carvolinn now oceu- pled by Representative O'Connor, Sowe of the strlking miners In the Wigan, Luneashive, conl-mine districts, havereturned to work, It requires the ald of the military and tho police to protect then. Kenrosa & Mchovaarn's lnseed-ofl works, near Duilulo, were burned down last night, "I'hie loss I8 esthmated ot $78,0005 tho Insuranco at £55,000, INcneasiNG cloudiness, possibly ocenslon- al raln or snow, warm southerly veoring to colder northwest winds, for this reglon to- day, CoxanessyMAN JonarNsey and Congrass- man-elect Desendorf, both of Virgiula, wero among the pllgrims to Mentor yesterday, Lewis RicistoNn, now Consul at Belfast, Ireland, bus been nominated by the Presis dent for Consul-General at Rome, r Pl bl e e A NEW line of steame.s has been estab- lished between Amsterdam and New York. Trips will be made fortnightly. Tug ocean steamshlp companles have be- gun a war of emigrant pasienger rates. WASHINGTON. Cabinet Talk About Folger the Sensation of the Day. Westarn Men Tlioroughly Alarmed by the Sudden Turn of Affaira, Interviews with Xnox and Car- lisle on the Effect of the Funding BIIL The Controller of the OCur- rency Bitterly Opposed to the Measure, Carlisle Entirely Undisturbed by the Financial Din and Confusion. A Violent Contraction of the Currency Inevitable for About Ninety Days. The Proceedings of Congress of a Generally Unimportant Character. Tho Legistative Appropriation in the Senate=The Lake-Eront Stick- Ing In the Nouse. Rofusal of the Houss to Pass tho Senato Educational Bill—Bonds Onlled. FUNDING. IN A HURRY, Spectal Pispate to The Chicdgo Tribune, Wasniyaron, D, G, Feb, 2l.—A telegram was recelved nt the ‘Treasury yesterday sk ing If a deposit of legnl-temlers to redeem National-bank ecirculntion, which a Doston bank proposed to surrender, wonld be legal 1t made upon thnt day (Sunday). The bank contemplated surrendering $200,000 of its cir- culation. The deposit of lexal-tenders to sur- render bk elrentation witl be good it made at any time before the Funding bill 1s signed. The Senate amendments to the Funding bill Iava yet to be canshdered and approved by the House, ‘I'he Ways and Means Commnltteo has unt yet reported It back. It is now the expectation that the TTouse will ap- prove thom, without sending the bill back to the Senate, nnd that the bill will then be- come & law by the npproval of the President, 11 WOULD BE POSSIILE FOR THIRTY. MEN in the Iouse, even now, to prevent the pass- age of the Funding bilY, *ry, if that munber should combine, they would be able to suc- cessfully resort to fillbustering and to pre- vent the passage of the mensure, It Is true that such n course wounld be very lkely to Involve nu extra scsslon, as 1t would be hardly possible to defeat the TFunding blll and not at the same timo con- sume so nuch thne as to defeat somo of the Approprintion bils, A few Ropublicans, who desire nn extra session, have suggested the propricty of such a course, but such a movement has not been agreed wpon, hor Is it likely that it will be. The talk that the Treasury certlflentes provided for by tho Funding bit wilt take the place of-any No- tlonal-bank elrculation that may bo withe drawn Is not thought 10 be well founded. THE NATIONAL-BANK CIRCULATION, if retired, must be retired before the Presi- dent signs tha Dbilt, but these "Prénsury certlficates eannot under tho provisions of tha Funding LIl be fssued for ninety days, ‘Thora will, therefore, be o period: of ninoty dnys, nt least, during which there may be violent contraction, and will be, if the banks retlre citculation. Controller Knox hns re- cetved ofticial notice of the retirement by five banks~—three In New York, one In Phila- delphin, and one elsewhere—bdf cirenlation to o tho mintmum, as represented by §50,000 In Donds, The Philadelphin hank retires 8370+ 000, Ag ts deposit of bonds are 4 per cent, the present Funding act has no hear- ing on that bank at least. Tho amonnt surrendered I8 over §1,800,000, of whicl §1,400,000 is represented by New York Lanks. + * f THYE TOTAL AMOUNT OF CIRCULATION I8 now $12,000,000 less than the Inw allows, Tho btk hohl nearly $100,000,000 mors of United States seenritles than the total of thelr deposits in tho ‘Ireasurer’s* keeping, There ure but thres banks in Massnchusetts that will bo required nnder the (ifth seetion to furnish o totul of SHHOK I the new bonds s security for ‘eapltal, Now York Dbanks to the number of twenty-ono (elehteen fnthe ) will baablled to deposit §5,5603,525, Connectieut, Wisconsin, Pennsylvania, nud Missonti havo three each of deficlent bink: Htinols soven, Maryland, North Carollng, uns«l Allanesotn one each, and Seuth Caratin awd Lonlsinn two each, There aro fifty. bunks in all, and thelr defiefency S 50,000,000 )0 ot 0,000,000, The banks holil over of s now fulling due, wnd 150,000, w|;hnl b3 of 1681, The total will be §200,- 100, CONTHOLLER KNOX. " Suppose. that, In nmlclynllml of the an- vanl of the Funding blll, the Natlonal banks should, within the next ten dauys, de- posit §50,000,000 of legal-tenders and” wlth- draw the sane nmount of honds deposited to secure elrcuintion. How conld the Treasury reliove the money market?” asked Tk TriwsE correspondent In the coursa of convensation w Sontroller Knox this e After somu couslderatlon, Mr. Knox re. *T'he Seeretury of the Treasary could hintover surplus’ ho lus—suy S10,000,000 000—to purehnsc bonds for theSink- ‘Then the bl authorizes hm to use ¥50,000,000 of tho cotn In the Treasury to Dbuy ealled bonds.? S hnt he conlil not do this In less than thirty days,” remurked the cor, qlmmlunl. “Ihat” 1s true, Nelther could he get the "I'rensury certificates Into elreulution sooner than thut, No, 3 1 DO NOT SEE oW tha Treasury could immedintely help the money murket, oxeept to the extent of the surplits on hand, It Is somwtings held,” continueil the Controller, “that the ‘Treasury certlticiates to be lssued will b used us n elrenlnting medlum, 1 they nre deslgned for thnt purpose, or I they wlll by so used, I ‘cantiob coneelve of uny better reason that would be needed to ko the President veto the blIL, Not that there |s no other reason by which n veto could be justi- fled, 1 conslder the bill in its present form us bad and as misehfevous us wiy bill which nssed Congress since the” frst legul- er currency lugisiation fas proposed, BILLS THAT WERE NOT 60 BAD as this huve been vetoed, and the country has sustalned tho l'n-:]gleut fur exercls- ing the power. This Funding blll, in one of its sections, is u semi-repuiliation nieasure, plabnly devised to uxtort &, forced loan from the National banks*] Ity effect s likely to be disastrous tu the busluess interests of tho country; und I have ad "WELVE “go into clrendntion, P1bwane, PAGES. nodoubt that the country will sustain the Prosident If he vetoes (11 “Suppose that Congress shonld repeal the fax on bank depos Would that make the law an(lcnhln 27 nsked the eorrespondent. " Perhaps, But the bfl Is bad in prinel- ple, and ought not to become a law at all,” was the repl . REPRESEXTATIVE CARLISLE, who wns afterward seen hy the corre- nlpmulenl takes an entlrely different view of the mat 11e admitted that the only fm- mediate relief which the Trensury would ho ables to nifordd the conntry - the “event of sidden contraction of the currency to the extent of £50,000,000 woulil ho to purehnse 5 and 6 per cent bonds with the 000,000 surpins now In hund, * But,” exelatmed Mr. Carlisle with energy, * Lot the Natlon- al hanks uniertuke to do the thing you have suggested, and they will arouse A STORM OF INDIGNATION whileh will drive themn out of existenee.” “ You admit, however, that it will be within thelr power to do jt 2 * Yes: but they wiil not dare to da It ‘The tenth 1s, all {his commotion ralsed by the Natlonsl banks s the most unreasonable thing in the World. Why, I ean demonstrate by figures that w 3 per cent bond al parls more profitable for them to bunk upon than 19 01 4 por cent hond at 112 or 114, “Thit the bl restricts them to 3 per cents after the 1st of July #? *Well, if they don't like that THEY CAN GO OUT OF BUSINESS.” “Daoes not the blll ||mnllr.-x|lly prevent themn from winding up thelr own affairs? = \y\;hy. no. ‘Ihey can retire thelr circuln- 0 M, “Will they be able to colleet their own notes mud present them within the thirty days nllowerl by the bill 2" SThey witl hve sixty days.” “Well, enn they do it in sixty days? and whI not their inability to do it throw them into the hunds of recelver 27 “Of eourse, If they keep on deposlt after the 1st of July for niore than sixty days any bonds upon which Intercst hns censed, they wilt he Halle under the Iaw,” replied M. Cnrlisle, *but I do not believe the Jaw will practically work n hardship,” . * How will the provision which authorlzes 0 Secretary of the Treasury to pay out 000,000 of"the coin in the T'reasury affect thesnecle reserve?” asked the correspondent. “IT WILL NOT MAKE ANY DIFFERENCE. ‘There is no need ot keeping so much gold in the Treasury, "That has nothing to do with maintaining specto resumption 2" ‘*But suppose the Secretary should take a different view of his duty, and should de- cline to pay so much gold “Then hie conld pny out the standard silver dollars In purchase of 5 or 0 per cont honds.” “Woull the bondholders object to taking thosa colns for such puyments? asked the correspandent, *It would make no difference whether they objected or not, ‘They agreed to take coln of standard value in payminmt for thelr bonds. They holl us to the letier of the ngreement, and wo mnust hold thom to the sume tering,” "”"i(m think the bill repealing the tax on bond deposits will puss Congress at this segslon 27 asked the correspondent. *Well, str, perhaps so,” replied Mr, Car- 1lgle in o doubtime tone and manner. Wiillo there 1s probably a majority In the House In _favor of the Lill to repeal the tax on bank ‘duposits, there is n strong minority composed of Democrats who are opposed to such a neasure. . ANY PHOPOSITION FAVORAULE TO NATIONAL BANKS Insplires these gentlenien with the same fecl- ings which moven mad bull when n scarlet flagz i3 waved before i, There Is the best reason for saving that thirty or forty of the most bitter enemies of "the Natlonnl Banks Jive agreed together that thoy will fillbuster 10 any eytent to pre- vent o vote at this gsfon. upon the meusure above mentloned. As this bill stands at the very foot of the calendar, thirty members o dlsposed can easlly prevent it considerntion for somo thne, and can prol ably defeat it nltogether. SPEAKEI ANDALL was asked to-day what he thought of the prospects of passing such a bill before ad- !oumumut. ILis unsatisfugtory but Drubublf-- signiticant reply was: 1 studiousty avold glving an opinfon on that subjeet.” Oplnlon regarding tho t»ruunblll!y of a veto of the Funding bill has undergone somo chango In Washington since Inst Sut- urday, A number of “Republlcan mem- bers of the House of Representatives who two days ago dhl not believe n veto could bo Justified_are now outspoken in their desive that the President will not aporove the blll, Some of the warmest trivnds of the measure show slgns of genuine alarm this evening, and are extremely violent in thefr denuncio- tions of witnt theysiyle * the Natlonal Bank ring.” 'They uppear filled with wonder beeause the banks destre to control and manage their own property, It was suggested to-day by a distinguished Repuplleany Repr Htativo who hus had o long experience and possesses o thorouxh knoweduze of finunciul sub- jects that, ns the suceess or fatlure of the Funding law will entlrely dopend upon whether or not tha tax Is removed from bank deposits, IT WOULD I WISE FOR THE PRESIDENT to withliold his approval of the Funding bill untll u bill for the latter purpose shall by passed by Congress and sent to him for kis approval. It s probablethiat the attention of the Iresident mny baattracted to thisns n satisfactory solutlon of the present difieulty, Several ncongruities in the Funding bl have already been polnted out. Another should he wentlol The bill requires all deposits of honds to securs clrenlntlon after July to be of 3 per cents, ‘The same sectlon of the blIl refnaets See, 5,150 of the Revised Statutes, mud that scetion dlreets that ull de- posits by Natlonal banks to securs eirculu- tion shall be “any United States registered Bouds bearing Interest.” Ilere s a flat con- tradiction botween Lwo parts of the same sectlon of this remarkablo Funding bHIL 1t 18 understood that one of the Republican Senntors who voted for the bill 5 the Presi- dent of o Natlonat bank the entlro elrenln- tion of which Is based upon 4 per cent honds, These botuds, of course, will not be atfected by the new law, except as It will tend to appreciste thefr value i the market. A JISAPPRENENSION APPEARS T0 PREVAIL touehine the constrietion of that section of the Funding bill which enacts that niterJuly Lonly the now 8 per cents shall bo recelvable at the ‘Preasury to seeurs the elreatation of Natlonal bisnks, Mp, tiltillan, Trensurer of the Unlted Stutes, declares that this provis. fon does not spply to cireulution at present seeured by 414 and 4 rcr cent bonds, unless tho latter be withdrawn before July 1, wfter which dato new 8 per cent bonds wlone will bo receivable. Aecarding to this Interpretution thy Funding Wil only effects tho $168,000,000 ot Natlonal-bank clreulntion seenred by the wnturhmes and 0 per cent bunds, Al tho T'rensury l)u,mrlullmt thery 1sno doubt that the LIl will be promptly signed by tha Prestdent. 'l‘remmri' uliteinls da not contenmplate roublo with them, ‘I'ho Seeretary of the Trensury 18 authorized 1o ugo tho surplus yeveunes of the Govern- ment for (sinking fumd purposes, ‘Chis sur- plus Is now over §13,000,000, and Is rapicdly ln- ereasing, ! ¢ I¥ THFE BANKS BEGIN TO CONTIRACT, thls surplus eun by thrown into the market Dy the purchase of outstanding bonds, amd Wil bo.wnply sufliclent to counternct any reductlon of clrewlation untll the $50,000,000 1 eotn that the Sceretary I8 nuthorlzed to pay out fn refunding becomes nvallable, The |um|wl-h--nrluu certificates I the amonnt of 3 provided gor by the Fundin b of great sorvice, ay they wi but net until after S300,000, Bill it uly L. CABINET TALK, TIE FOLOEI SENSATION, Bpecial Dispatch to The Cilcaga Tribune, Wasimyaroy, . C, Feb, 2L—If Judgo Folger Is appoluted Secretary of the Trens- ury, 3t witl b heenuse Conkiing has chanued his mind withtn two weeks. Some two weeks ngo w gentlewnan having stated to Conkling, soon ufter the Dorsey dinuer, that thera was & possibiiity that Mr. Folger would be nouinated, Mr. Conkling In substance res plied: “Judge Folger will be very ungrate- ful it he accepts a Cabluet posiuonat all, o has just been elected Justice of the Court of Appeals for fifleen years, and, If ho glves up Nis ofice now, in a few years: he will give the Democrats an opportunity to elect his successor, and to thus change tho pollitical conditlon of the =& PRICE Flvi CENTS. Court,” This [s sald by a person who ought to know to have been Mr. Conkling’s opin- fon of the Folger movement two weeks since. Ilowever, politiclang nre apt to change their vlews In amuch shorter time than two v NEPRESENTATIVE PPAGE, OF CALIFORNTA, feft for Mentor to-night, npon the lnvitation of Gen, Garfleld, to consult with " the I'resi- dent-clect as to the v of the P'nelfic Const with respect to the Cabinet and the polley of the Administration, Mr. Page, before leaving, stated that the Pacliic Const was united In support of enator Sargent for Secretary of the Nu The Wisconsin delegation in Congress, Including Senator Matt Carpenter, has been a great deal ex- cited at the reported vislt of Senator-clect Sawyer to Mentor, and. of his recommenda- tton of Judge Iowe for n Cabinet position, 1t Is ascertatned, after polling the delegation, that a grent wnjority, perhaps all, oppose the appointment of Judge Howe, and are ferl- tated that Senator-clect Sawyer should have taken this course without consulting some members of the delegation. One of them, speaking very Dbitterly of this visit to-nlght, says that (I General Garfleld shall select Judge Iowe, he will have stopped at the wrong politienl grave. A person very nearto | HONERT LINCOLY says that the Intter, it he shonld consult his own wishes, would not necept n poslitlon in the Cabinet, Ile Is well satlstied with his Iaw business, and with hls prospects, and iy reported to doubt whether he could ag well resume his practice four yvears from now nyg he enn continue to«lny, 1ut his friends urge hin to tike (t, and fanily and soekal in- tluences are ulso stron in favor of aeeepting the position, It Is now sald that SENATOR BLAINE will not reslgn his seat_In the Senate until after March 4,—untll ufier the Scnate shall have organized at the extra sesslon, This will prevent the Inmedlate clection of Mr. Fyre to the Sennte, and will give Mr. Blalne an opportunity to carefully survey the situa- tion before thie Cabinet Is definitly deter- nmined, While the rumor 13 Ingfsted upon ns authentie, it 1s diflicult to see how Mr, Blaine ean retaln his seat in the Senate until after the orianization of the Senate and ntthe sune timghecome Secretary of Stateatterwards,for, If the argnnization uf the Senate should de- pend upon ong vote, and that vate Is lost a retirement, it will be possible for the I ?fi;;:\ls utany time to change the organiza- IT 18 ASCERTAINED that some time since Gen. Garfield sent to Seeretury Shermnn asking s opluton ns to the Pmuur persun to he made Secretas i the ‘Treasury, and that Mr, Sherman replied recommending Senator. Windam, af Minne- sota, or Joln J. Knox, Controllér of the Cur- rency. 1T CANNOT BE DENIED * Speetal Dispatch to The Chicagn Tribune, that the visit of Senator Conkling to Menfor and the report that Judee Folzer, of New York, s to be Seeretary of the T'rensury, has created n panle among the rest of the Cabinet-mnKers, and greatly annoyed those who had thought thut the slate was fixed. Senntor- Blaine s not understood to be displeased at the report that Iolger Is to have the ‘Treasury, but he would have been much opposed to the nomlinntion of Levi 1% Morton to that position, The gossips say thut If i shall turn out to betrue that Folger is to be ap- pointed, the result fuevitably will be that there will be a reorganization of the entire Cabinet; that In this reorzantzation it is pos- slble that tho West will lose cantrol of the ‘Treasury, and that Mr., Allison will be dropped from the Cabinet altogether, There can be no doubt that ALLISON'R FRIENDS to-dny have this apprehiension, and that, if they do nat helleve, thoy fear that the ruthor that Folger Is to_have_the "I'rensury Depart- ment, and that New York tulluences are to prevail there I8 tewe. It 1s now: sald thot on tha40th of last Janunry Vido-President Ar- thur atul other intimatg (rlends of Mr. Conk- ling sald to thnt_gentleman that if he n- pisted upon the Treasury Department he would lose everything, and that Conkling re- plied that New York would have the Treas- ury Depnrtment or nothing, — At that time Mr, Conlkling was understood as not desiring to tinve Folrer nbpointed. 1t is even safg, in view of Conkling's deelarntion that New York must have the 'I'reasury or nothing, that when Conkilng sot ont for Mentorit had Dbeen deelded In advancy that Allison should not be Secretary of the Treasury. TIE GOSSIPS FAY of that famous visit, that Senator Conklinj did urge Levl 1% Morton. Gen, Garfield mnde 10 ol oi 1o Mt Morton personally. 1le assured Senator Coukltng that, if Mr. Morton would neeept any other plice save twao, in his Cabinet,—the "I'reasury und State Depnrtment,~he __coulill have = whatever lie might seleet, 11e eonld not have the State portfollo, by e 1t hud been tendored and aceepted’ by Senator Blalne, and he was not disposed to'glve him the Treasury, beeauso he wus of the nrlulnu that Mr, Morton, un- der the statutes of the United States, was In- eligible to the oftice. NORTON {s the President of n New York National banlk and is in other ways Interested in finan- clul matiers which would ralse the question as to his elizivility wmder the law, which preciudes the Seeretary of - the ‘Treas- ury from engagine i any business or being interested In commerce, elther in a direet or fiduciary eapnelty, Senstor Conkling urged the polit that Morton conld divest himself of his business and thus re- move all Jegal barriers, Gen. l.mrfi(?nl thought ndt, mud, even It ho (Morton) dfil withdraw from business in absolnte good faith, he mado the polnt that, at this late ""f 1t would not sasl ¥y tha publle, - “The President-eleet teealled the fact that WHEN A, T, STEWART WAH NOMINATED for the Treasury by Gen, Grant, he offerod to muke an assigninent of ki husiess interests to make hin ellgible nnder the law, ‘The publie clamor against this procedure, how= over, wig so great that his nondination was re. catled, Further, Gen. Girlleld niade the potn that, It he nominated Morton for thoe Treas- ury, he felb hinpressed that the Senate would sy the questlon of his_ eliginility, aud it mlght subjeet both hlmself amd Morton to the emburrassiient in the end of having to with- draw the nume. Senator Conkling told Gen. Gurtieht that ho hud como to Mentor, not sn much to urge the canss ot n particulur eandidnte for the ‘Treasury, ns to exhibit the elubny of the great Fainpho State. He urged that Now York was really tho centro and support of the financial . polley of the Republlean party, Ile had reason to belicve that the policy heretofore pursyed wotll bo the polley of the Adiministration Thy story goes that “Merton §s to ho plueated by the nppointinent of Minlster to Kngland, IN THE SENATE, THE DAY, Bpectal Duspateh to The Chicago Tribune, WaAsHINGTON, D, C, Feb, 21,—The Sennte devoted to-duy to the conslivratlon of the bll making sppropeiation for the legisla- tive, executive, snd judiclal expenses of the Government, Generally spenking, the nendments nado by the Senato Financo Committes wero ndopted, When tho appro- priations tor the Penston-Oftlea wero reached thoy gave e to o prolongud dlscussion, The salary of thy Commissioner of Penslons was rulsed to 25,000, and thore wore widi- tlons of Deputy Commissloners, Examiners, clerks, and messengers, with annual snlaries amounting I the nggregnto to $500,000, At Go'elock u recess of two hours waus taken, At the NIGUT SESSION * not more than o dozen Seuntors were pres- ent when the Senute was called to order at 7 o'clock, and Mr, Voorhees brought up his Natlonsl Library seheme, to the disuppoint- ment of thuse who expected that eases on tho calendur would be considered. 3y, Yoorhees, Chajnan of. the Library Com- mittee, wanted a new Natlonul Librory buflding erected in Judlelary Square, while Senator Morrill presented a minority report providiog for the purchinse of a site for the Library on Capitol Hill, The Senate, upon a vote af 89 to 7, decided aguinst the Judiciory Square location, and In fuvor of Cavitol hill, A long discussion then ensued in the way In which the Capitol IIill should bo condemned, It appenred that [t was pro- vided that not only tha Toeality for the pur- pose of the lHbrary was to bo condemned, bud another lot for anew Court-llouse. and lnw 1tvrary, . TIE COST OF THE LAND THUB TAKEN whl be at least 1,000,000, Mr. Voorlices Iutving stated that unless more neeommoda- tion was provided_ it would be necessary to burn the hooks, Mr. Conkilng suld flm{ho once heard of a distingwished man, not from Olifo, but In the far Iast, named Owar, who buried - books. Hs didn's bell not being n_Demiocrat, in burning books. * He would prefer to have acconimo- dutlons for the library of the Supreme Court under the Capltol roof, 1¢ was opposed to the wholesale condemnation ot land, not only for the library hut for other edlfices not named, Mr. Voorliees vainly endeavored to get netion on Wiy bl so mnended as to au- thorize the erectlon of a lHbrary bulhlln_i somewhere, but the Sennto was not disposed to second him, and, after ordering the bill jrrlmc(l at a quarter pnst 11 o'clock ad- ourned, ‘"Tho subject will come up at the next night session, IN TUE HOUSE. YESTEIDAY, Spectat Dispatch to Tas Chicago Tribune, Wasnixaros, D. C, Feb, 2,—It is Inte In the day for the Democrats to intruduce tarl¥ measures, partienlarly when they have declined to glve an aflirmative vote tpon the taritl plank of thelr own platform, Never- theless, to-day, Clinlmers, of Missisaippl, In- trotdueed a resolution, which- was referred, refuting fo tho tarlil. Tt recites that the only excuse for a protective tarlif Is to encorngo Indtividual menufacture und protect the frew Inbor of the United States nguinst the slave and pauper labor of forelgn countrles, and, nor derto secure the benefits intended for the Ameriean laborer, the Secretary of tha Freasury s direeted, as soon ns practicable, to ascertain and report upon THE COYT OF PRODUCING IN FOREIGN COUN~ THIES afl artleles upon which customs duties nre now levied, the cost of producing the samo artieles In the United States, and, whenever the cost of praductng any asticla which bus been manufactured or produced In the Umited States for ten yenrs shall be lesstian that produced In a foreign country, then the custom duty on such articles should not ex- ceed 1 suin equal to tho' difference between the wages pald tho Inborers in the forelgn country where sheh artiele 18 most cheaply produced and the wages pald to Iaborers in the United States, 'The House finally passed the bill to lcorporate THE CHEROKEE & ARKANSAS RIVER RAI~ NOAD COMPANY. which early In the session was denounced ns ajob. It isnbill to allow one rallroad at least to secure the right-of-way through tha Indian Terrltory, It makes no grant of Innds or money, It Is claimed that the In- dinns themselves want to have the road run through thelr country. In order to securcly gunrd their uterests, an amendment was adopted that the lands should not be con- demned and taken by the railroad exceps through the regular Juiliclal process, MR M'LANE mnde nn effort this atternoon to take up and Lmss. under nsuspension of the rules, the i1 hieretofore reported from the Committey on Paclfic Raliroads to alter and amend the Sinking-I'und act of May 5, 187, known ns the “Thurman nct,” but the IHousu refused tosecond the motlon. Mr, Goode was nlso unsuceessful in his etforts-to have the rules suspended, Acting under Instraction of THE COMMITTER ON EDUCATION AND LAROR he called up tho Senate bill to apply the pro- ceedsof the saic of o portion of the public lands to the edneation of the peupli-,t and said i 2 he would move to substitute the forit. ‘The Ilouse, in this.casy, niso rull to secontt the motlon, 'T'his, doubtless, ends this subject for this Sesslon, nnd adds un- otlier to the long st of reforms whica the Demoerats promlised and have not accom- pHshed, Mi, Vanee, by dlrection of the Com- mittenon Patents, ealled up and the Touse passed the bill appropriating $10,000 for tho rwpumunn of clussitied nbrldgments of all etters patent of the United States, : TIE HOUSE JIAD A LONG DAY of routine Jeglslation. It was the day, nnder the rutes, when Comnittess could bresent measures for passuge wnder suspeusion. (¢ wits Important that something shiould bo done without wasting much more time in debate, as the calendar of tho louse, Issued this morning, is n doewment of 100 pages, and Is the heaviest ealenduar that has ever been use bill Issued by the House of Representatives. Not | one-eighth of the bills upoen it can become - laws, “Fhe shortuess of time und the great pressure of business were llustrated ut the very oufset of the sesslon used .. to-day, by the ndoption of a resolution whieh - progoses that next Sundny afternoon shall be set apurt in the House for the enloglgs upon the menory ot . THE LATE FERNANDO WoOD; Yet, notwithstanding the shortness of the session, & vast number of Dills. were intro- dueed, 'l uight ws well be throwu into the waste-busket, ns they enn serve no other purpose than to furnish employés of the Government Printing-Oflee * with - “fut takes,” amnd Lo sntisfy the raral con- - stituents that thelr Ilepresentatives are industrious In thelr bebalf. Mr, Steven- son, of Illnols, pregented a resolu- tion of the Illlnols Leglsiature, asking that Gen, Grant ho placed upon the retired Tist, but it Is anito aa certuin that Gen, Grant will not bo placed npon the retived list with Demoeratie consent ns It 1y that Fitz John Torter will not ba restored to the retired list through Republican votes. The Demao- erats ary collecting additional Information relntive to REFUNDING, and to that end to-day presented a resolution calling for o statement as to the expense of the refundling of the 10-40 bonds, with o list of the nmmes of the Syndieato tak- ing the same, Thero was quite & Btrugele in the IHouse upan the Conference report on the Indlan Approprin- tioft bitl. The Senate had rofused to aeced to the proposition of the Housy that tho 1n- dian Pencu Comuission should be ubollshed, and, after quite un exeiting debate, the Hpuse :lL-c!(Iml to adhera to Its originel position, A udditionnl Conference was ordered, ‘The Demoerats, in- argulng the advisability of avolishing the Commission, were cum‘ml!ud tndireetly to acknowledge the, Integrity of the Republienn Administration, THE MORT OIMGINAL MLY, Introduced In this Congress was presented to«day by Mr, ‘Warnor, of Ohlo, who vro- wosedl to crete n Bonrd of Fiseal Inspectora o watch over the collection wind expenditure of the putlle trensure, The IHouse ulso passed o bl referring tho famous Choctuw elnim to the Court of Clahns fog ndjudicn- tlon, ‘This elabm, In one shape or another, hag been befors Congress for thirty years, t has repeatedly been reported favorably by difterent comumttees, amd has been pussed at different thwes by ono Touse of Congress or the other, "but hug always fuilod of enasetmen!, It proposes to authorize the Court of Cluims to wseertain the amount dus the Choetaws undor tho treaty of 1855, aud report to Congress, On- the onw hand it was charged that the clubin was o job, On the other it was insisted that the measuro was an act of fustice, and that to refuse the recogui= tion of the ¢lnims na Congress for many yeara hns done wag chatacterized by so ablo and lionest i man a8 MIL CARLISLE, OF KENTUCKY, na 8 disgruce nnd shame, of which our great Govornment Would not iave beeh gullty had the pettiest natlon ot Europe been concerned nstend of an Indian trive, Floully, by the tromendous voto -of 174 yues tg 43 hays, this Dlstorfeal slnln was referred to the Conrt of Clalms for adjudleation, The House, en ac- eount of pressure of business, refused to ad- Journ over to-morrow, mu\vlt‘hstamlln@h this very Congross declared Washington’s Birth- day o Natlgnal holiday in the District of Columbla, THE LAKE-FRONT BILL, IT BTICKS, Spectal Dispateh to TAs Chcago Triduns WasmNaray, D. O, Feb, 3..—The Valen tine-serip peopleare very actlve In the lobby here. and wro endeavorlug for thelr own