Chicago Daily Tribune Newspaper, August 13, 1881, Page 3

| 6 ATURDAY REVIEW. gncouraging Outlook in os Most Lines of Business Reported. hee gare in New York Active and Transactions Sat- isfactory. Fa Stee a Failures Have Somowhat AF isturbed the Course of Trade. —_—- Aslight Falling Off in the Value of Exports at Baltimores eral Tone of Business in Boston Be portal as Very Satis- factory, ——- Activity in tho Iron Industry ue in Clevoland and Pitts. burge Dy Piva Tending Upward in Louisville and Ojnoinnati—Kansas Oity's Oat- tle Trade, 5 Evy SOW. sbi i : * foris, Aug 12—Tho outlook in mos! eae business le cucauraging. There fs agacd deal of activity in tho dry-oods trade, aud tho done, whlto not porhaps sv largo os an- tepatedis satisfactory, Thorois natoady do- and for domestic Roods, and forofgn manufav- taroa aremoderately inquired ror. Pricesaregon enilp firm. Btocks aro not large, considering tho laga(tesde anticipated. Tho number of ont- of-town buyers, especially from tha South and ‘West, is increasing, and tho Jobbing trado tis {sirly active considering tho senson, ‘Thograin market has been frregtilar and un- witled. with adownward tendency during tho’ week, witha rally at tho close. On tho doctino therebasbeon somo domana for shipmont and some considerable Orders havo been filled. Pros visions aro dull Inotton there havo been slight fluctuations. Moe wool market Js without animation, Tho ofl tmdelsdultand prices not materially changed, ‘Thera has Boen a batter demand for grain freghts, but in othor doscriptions of morchan- dive Uttlo ts doing. ‘The building trade continue activo, and ass yule bullders aro mocting with good success In welling, Material and wages, however, aro atill adraneing, Which basa tendency to check tha operations of tho moro conservativo, ‘The hardwaro trade continues satisfactory, She amount of business already done 1s largely tnexcess of last fall, and thore {8 confidonca in lues now, which encourages buyors to pinco Tek toofrealy, Ite yonts sinca tho situnuon ‘was considered a8 good As nt prosont, 1g the produce trade the arrivals of both but- ter'and cheesa aro Jnrgo and prices well sus- tulned. Exporters are oporating largely in but- ter, sad the weeks shows an advance of 1 to 2 eonts on 3: ‘The demand for American pig-iron ts atendily focreasing. ‘Tho prices of flucr grades aro a sade Srmor, The demand isa logitimate one, and there {san absence as vot of a speciiative movement. Transactions {n forelgn iron havo Deen only inodorate. In manufactured iron tho demand continucs quite brisk, and tho goncral tong of the market Is encouraging. Allbranches of tho boot and shoe trado are golle buay, feelers throughout tho countr, lectog frecly, Tho outlook for ws fait trade continues favorable. Collections are re-. Ported very . ; ‘The leather market continues steady. There fea fair business and prices are well maintaincd, ang in ania grades solc-leathor {s a shade Bipher, fn Hrazil coffco a tair amount of business Is deg done. in mildor grados thoro {s a falr do- foreonsumption at a glight advance. ‘Tho ‘Woek of Blocha is vory limited aud prigogatrang, In the raw sugar market oxceoding dullness 18 Feyalce in consequence of tho apparently ted demand for consutiption, but no apeciat eencesslons are tande by largo holders, I the tea market a fair amount of businces {8 belng done and the demand for consumption 18 ieereasing. Tho trade ure looking for s vory walisfactory season, Fallures ‘in wholosato tradea are somowhat numerous. D. & J. Sadler & Co,, publiahors, fuscumbed, with Hubilitios estimated at $160,000. They at ons time had almost a monopoly of the Catbollo publishing trade in this country bulaess now very much cut up, The asaigue iat of G. 8. French, dry 8, Of Butfato, ‘while not q zely heavy ono so far os Habilities He concerned, net aigoitinant from the fact thats Jess than {07 subsoribors to tho Morcan- lo Agency we! im. Fils fatare bas boon antielpated fora considcrablo me. Tho suspension of tho Boston Woolen ra intercated in bit wars dust announced, with Iabiiities of tarpon ne ee Pegam case, Darou jonathan Ce of Jos ton, teed the style of tho Ioston Woolan, Co= "I Ta ececiht Pro nos 10 Assoc reports as follows eerane, tha mining-stook Tmarkoe Tho oun Mining stocks are_fal rly active, with an aprard tendenoy. Prices in. the. “marke belng led is usual of by Btuto Kintsg, MOCKS and = Oriental and) Millor ek Nos 2 ond @ ool to-do; site. os. J and 4 ut $1.40, and Oriental an ord o Su pos en, gonad A DB ropor' nt imation has been Settled, ‘Tho feoluug on tho ateeet Is ene late incod Terra, 20: Narthorn Melle, %6; Con~ Haan, 73: Tipton, 20, otal bullion recoints ne York for tho week, $515,000, ‘Total salons fo abla stocas at both Exchanges, HbOUt 760, x KANSAS CITY, ANBAR City, Mo, Aug. 123—Tho growth of 2 livo-ttock Internats in Kansua City bas beon Attendy and permanent character, and, while made in hogs has incrousod at wn oxtremoly Hebi tho cattle business has not lagged, ust to say the outlook fora largo iny Crease inthis industry way nover botter than at Present time, ‘Tho torritery from which panded City drawa hor supply of oattic has ox+ : at wank foca) mlyfortuncs In tho or that and orop-failures have less {ufluonce Prat ormerly,and the number recelvad cach year sas teen ‘Tho sources of supply aro Kan- porn, Missourl, Nebraska, Bouthwestorn Tet dene. Colorado, and New Moxico, ree lan Territory aleo senda a large number il hon Kansas City continues to.bo a prints diivent rket for Texas cattle, which .aro dis trade in ‘Toxue cautio. this season hae beets Stecedingly pria and ted-that b: ju 4 ittee pe a Ae a ela a that by Vato ne, had been disposnd of, It is impossl- Toran ike Accurate eatimute of the number ttl t come © this market, but at the run) the ure bropertion ‘ot the roceipta Haile slockors and Toedora and send ia auton Nell nuinber of heuy: the canter Stud, ‘Thu frat moveuiont iy atl ee won reached: ,, by itatemont af senile ahipmona tells whera’ thous wattle any Fore’, 1880 the Atchisou, Topeka & tan hire fitllway delivered 86,84 cxtilo in Kate Union }ihe Lawrence & Bolumern, TOK) the Bid tha A8S, WTB: tha Ataauuel Paalite, 1.8184 fae Taras Clty, Kort Bott & ¢ ity Mult,” 177 Balance were irayen soto the yarité, in TZU, a the bave Saclly the 12,683, wi ang ince pipes for the same thie last year, ya to last ‘your, trado this year will bo full: wen Proepecis tore nd wlll possibly reach 250, Was excel), red eeepents Wut the dry, 2 vn Oo Ml tbende ch’ {BO tutura coursuof pusiness all he weather, Ui prove the: pt Fao Falue would —— CINCINNATI. ©. Aug, 18,—Tho continuance of ees to sreate more oF tesa juce BOM UnCe: jaty Gage 2 OF Guanes, The suloring aad Voda gag g, t2, be greatest jn Southern Houthorn Ultnois, though Ken- THE CHICAGO TRIBUNE: SATURDAY, AUGUST 13, 1881—TWEL PAG tucky and Ohio faye not escaped. Tho Prinotpal endangered nro corn snd tobneen., Corn made on Jump to-day of 3to 4 conts, A good dronching rain within a woek would restore confdence. All ening and grain product shared with corn In eunyrard SamMlency, Ieoalpta bavo beon full nd tevnsrotions quite large in all gratis. ‘Tos day holders have been firtier and buyers moro ange than on any provious day during the week, ‘Ho offeot upon provisions bas been excced- ingly belsis and transuotions quite lates, and nll ofterings then aud tora wanted. [Hoge have heen stondy for host on lboral supply; best Auality has been rather inferlor, Tho sumemay ‘Te sald of othor Jive stook, Cotton has been withane notable change. Tho offect of tho trutght.tas been to make tho prices of loaf tobacco itr. Should rule ‘come within n wool leaf tobacco will be steady and probably without schnngo prices, hs tho noronre Dian ja tho countics within 160 miles of Cinofnnat! is much grentor than Inst your, Should the drought con- Unue Inte noxt wook, thoru Is no doubt but tha offeot will be tn sond up. the price of leaf and inake holers firm, The oxtraordlnary call for rod filter hero this wouk ran prices Up as bigh as 2t conte fur choico lots, Grocerics haye boon stondy, the domand good, and tho volume of sales tauch larger than © 0 Bame tite Inst yor, ‘Tho call for clothing is undiminished. Cotton goods have gone up ot white and brown cuttona 1his weok, and the volume of trade tas been mood, Boot and shoo doniers are cautiour, and gone = buyers hava. ders; others postponing, {tilting ordors with irerensud caution. Pine iron Js unusually firm, and the furnices don't want to soll for future delivery, Donlers talk Of Ai inorease of prico noxt week, Wrought- Money If abundant, espeetally to-day, and unoy is abundant, especially to-day, ani .thero bign’tbeon paper to absorb it, The de- mand from tho cmimtry has been more itctive to-day than at any timo previous during tho woek. Call lonns have boon oxecuted até. tina loans on good collnteral at 4%, and on primo ine dividual papor at 6 Local stocks havo been in prech reanest on 8 basis of 4 to 4}4 on Inyeat- BALTIMORE. BAttTimone, Aug. 12—In tho monoy markot tho past week funds were plonty and onsily ob- tained on goad collaterals. ‘The stock market wis falrly active, and a considernblo amount of business was transacted. There was moro do- mand for Virginia sccuritios, and nil issues nd- vancod, closing tirm to-day. The total value of exports of domestic produce for tho weok {4 $1,084,072,—a fraction less than tho proceding wook, * ‘Tho dry goods market was quict. Tho grain markot showod moro animation than fora long timo, Whoat closed Iriday last. nt $1.28, but on tho following day advanced 2% conts, at whloh point it remained threo days, Be- fora the closo Wednesday the market weakencd, and Thursday it receded to $1.203j. decline, howaver, waa of short duration, and to- day tho market clusod atruny at nn advance of 1% cants over yestordny's prices, Sales for tho woek aggregated 5,740,055 and exports 901423 bushels, Whont In store to-day, (83,263 bushels, ‘Tho corn market wns strong, with slight Nuctun- tlons untli to-day, Receipts for the week, 23,- B25; soles, 1,050,038; oxporta, 26,008, Hopeated rumors of drought at tho West has bad tho aifect to oxelte the marker, and, whilo the range dure ing tho week was from 00 to 61 cents for Western mixed) tt Juinped to-day to G}4, and furures fol- towed !n tho sume proportion, "Thera are some shorts in the market, and contracts for August At SL17 to $1.20 are to bo Milled. There was loss demand for exports, More business was dane in outs, and the market shows more strength. Tho uew crop is coming forward, and to-day prices nro fully 4 conta bighor than they wor. a week ago, Tho entiro trade islocal, and receipts and saics the past wock were avout equal, Lit- tle 4s dono in rye, but tho market shows a botter fecting, and prices advanced fully 6 cents dur fog tha week. Tho recolpta, almoat antirely of the Maryland crop, woro very smail, but moro than quai to the demand, ~ Flour ruled strane, #00 during the weok thoro was an nivance of 60 centa per barrel in low grades and 25 cents por barre! for family nud export grades, To-day the market closed quiet but Vory strong, holders refusing to press oven at the advance bocnuse of the advance in wheat and senreity of four in the market, Provisions wore sumowhat frregalnr, but high prices provailed, and tho only Chango Was uit advance in bams, with o goud Jobbing trade de- mand, - Hutter of chofce quality 1a scarce and very firm, though no change In quotations aro made, Eges aro scarce. ‘Thero was n fair demand for frosh. . To-day thors wae an advanco, Chooso Is dull, and tho supply more than equal to the demand, Choice cream fs In somo re- quest, but lower qualities nro not wanted, The grocery trade Is unusually dull for the senson, An offort was ‘mado to advance refined augare, Dut tho absonce of demand compelled 1 return to lower prices. - . Coffee is firm, whilo the markotis very quict, ‘No concoastons wero made by holders, and to-day the murket olosed tirm. ‘Tho live-stock inarket was Inactive, For tho dost grades of beof cattle there wus an ndvanoco of 40, and all recolpts wore freely taken, For asa and inferior stock the domand was sinall, iors are slow, and tho ropolpts far exceeded tha demand, but prices ubowed no change. Sheep and Iniobs are plonty, and nbout 1,100 romain unsold, There was no clango in quotations, - BOSTON. Boston, Aug, 12,—The following will appoar to-morrow {n the special reports of tho Buston Commercial Bulletin: : ‘Tho. genoral tone of businoss Is very. antis- factory, and the provailing desire to tuke ad- yantago of low froight rates between hero and tho Weat bns slightly accelerated tho moye- ments of all kinds of merchandise. Shipments of boots and shoos from Boston this week, 72,418 casos, ayalnat 807i cases Inst weok and 61,450 tho corresponding wook Isst yenr. Leathor 13 quiet and stondy, but tho small margin which mow exists botwaon tho prices of upper tenther and hides must speedily lead to efthora lower cost of hidesor higher valuos for loather, Solo teathor bidas are unchanwad, ‘Wool is moderately active, Bales of the wook, 1500, 490 pounds domestic and 101,600 pounds for+ rT, ry arn firm, as Iast- reported, and cot- ton-in! te bard prosaed to fll ordars, Cotton isn little onsier. and the high’ quotations last potad 128 cents for middling uplandé~aru bo- iny shaded a Hetle, + dhe demand for manufactured fron of all kinds.Is active and prices wv anole ‘ Lunuber !s activeand firm, and bulldiagopora. (fans now fo progress in all sections promise 4 continued good domand for Inbor and mnutortala, Thores ih # wood retail demand for conl, but receipts of anthracita in Boston Jast wook wera but 14.688 tons, nguinat 43,044 tons tho same ‘weok Inst year, Frosh boot is firm. Purchnsos of onttlo for export were made this wauk at 6:5@0% cents por ound, P Sugar Is oasior, and granulated hua dechinod } cont, alosing ut 9% vents, Coffee advanced cent on all grades, except Mochas, ‘Tous aro canior, Other groceries nro unchanged. Breadstuffa aro yenvrally firm and continue to show an upward tundoney, ‘The outlook for fall Duuiness in all branches of. tradu continues yery ‘encouraging, tho only causo of complaint bemy tho stanil murgins upon which many merchants and manufacturers are obliged to operate. Morobants who are working ats protitef 1 tog Re cont are surprised at thomscives as they ook back and recall tho time wheo 4 mon who id business for less than f por cont was con+ sidered an unsafe person to trude with, a — LOUISVILLE, * Louisviune, Ky., Aug, 12.—In tho leat tobacco market the offerings are fair. Tho demand has boen vory active for all offored, with on advanoo of 1to 1% conte on light and houyy lugs, 1 tug conta on Green Kiver fillers, and 1 to 1% conta on common: and - medium heavy Jost, Hurleys scarce and prices very full. Clarkavitio styles searce and yory stron ut fast wook's furca, with an advancing tendency on averything, The growing crop is.very backward, ung tho praspoots grow worse daily for want of rain. + The differences betwoon tha whisky dlstillors and the dealurs haye not yot been adjusted, The distillers huye heretofore been yvory ati in maintaining their contracts at the thon agreed prloes,. bie the rantdly: arash Beis or nor Inay produce a relaxation in that rogurd that min, bring about a compratniso sulution of the trou 8, During the week nil grades of grain, tour, and offs) bave advanced quite tnateriully, Bevou sente per bushel for wheat, 60 conts pur barre! for flour, and $3 per ton for alfal, Deliveries n! ‘wheat are begiutiing to suck op The demand for uilll products is greator gid at better prices ‘than fur a year past. - Tha‘ prices of pig inctal hayo been firm, and the demand good, no tonu of the murker healthy. ‘The outiook !a cunsidercd for a heavy fall busiuess, and mills and founderios Rete FoR Tho. provision, market has been quiet; with better pricos and holdors firm, adams and Ton: “the w ‘and wero sold at the Board of Trado rooms at d and Bitg conta respectively, Butter @nd cheese bavo beun steady, with a wood demand, - Ey — NEW ORLEANS, New Oncwane, Aug, 1%—The cotton market has exhibiged yery Hittie life, 40 far us epot Lusl- Tosg ia concerned; and, thoush advices from other cotton markets have Leen rather unfavore able, prices aro well maintained. Futures also Bayo been quiet, though valus vanced some, quotations being 8 to 15 poluta better. Tn Soanclal circles the position le moro jn ac. cord with the usuaj suminor dullness, but all "ee ite or Beauritisg ate held with contideaco and ingly, in the Nue of Provigons and breadatuffe bual- Bess, while fair for tho season, is of moderate That’ proportions. The wer has been propitt for rico, and the crop mises Lobo a targeono, ‘The augnr crop is progressing well, though it 15 hot thought the yield can nearly equal that of Inet year under any clreninstances, Week's roe celpts of grain, 18,000 bushels; cxports, nuno, ST, LOUIS, Sr, Louis, Mo., Auy, 12.—Tho intense hent-or tho past weok has restricted sone classes of ‘businoss, whilo fn other directions It has Induced unuaunl nativity. In fnanco thors has boon a firmor feoling, and rates for money advanced to £47 on call ond 628 on time, with A largo doe inand: from neurly. all branches of trade. A temporary falling, off in collections hos caused n considerable damand for accoinnio- dation loans, but this‘condition of things wilt suon dieapponr, New York exchitngo Is 25 to 2 conte discount. Local stocks and seouritics gre dull, ne Dry goods are quict, bilt very firm, and prices atit. Rverybody bitsy recktving gouds and mule ing ready for the fall trio.’ rocericn are Orn’. and tha volume of trade ts heavior than tisual for tho squsou. Now Orleans. suROY advanced %4 cent, rellned 36 cont, and cof- fee cont, is them. Ganned frults aro strony with tn mivanoing tendency, Tobacco shows deolded Jmprovomene intone, and prices of nearly all grades have advanced, aA Eastern demand has prevaived, and shilp- montson Enstarn axeconnt tro unusually large, Keports of crops from alftobacemgrowine dise triets continue unfavorable, and atill highor pricos are looked for, * Wout is firmer and tho demant for straight lots has been good, while low grades wore dull, Hecolnta continue to fall off, Hump and batting inntorind are in good demand and prices Arm, On "Change thero bave heon autive and atire ring times, with now antl then n good dual of oxeltomont in grain. Whoat, corn, and oats have advanced right along undor the influence of unfavorablo crop reports, Thtsapplios inost= ly to corn, which basirisen tinder tho bolief that great quantitics of thut cereal have been dus stroyed by beat and drought. PHILADELPHIA. 4 Paavenrnta, Aug, 12.—Tho North American to-morrow willsay: J “Thoro was considerable oxcltoment yester- day in tho grain markot, and prices of whent, corn, and oats imatorially advanced, but otherwize thero was not much chante, Flour is otirm, an feel commands fui prices. Cale, aticar, and molasses uro stendy, with a fair trade for this season. Coul nad iron are stendy. Naval stores aro looking up. Spirits of turpentine Is highor. Provisions micot witha steady Aobdbing domand at full Prices, Itice fa itrm. Vons nud tolinceo fro tine sianied: Wool!s dull and woak. Whisky is CLEVELAND. CoRVELAND, O., Aug. 12.—T'atroloum has tad another week of stondiness, vrices bolug un- changed. ‘Tho raltronds nro atitl pushed to their full ca- Pnoity, and there is nocomplaiut mudo of tho fmount of business, ut low rates aro not sat- jefnctory, and profita at qeseant aro small, ‘Tho tron markets continue to stiffen up, tha sympathy extending tu all kinds. The demand 48 active, and Inrge transuetions sre reported, expecially in ore and pig-iron. Nally have ad- aiid $3.10 for quubtitivs, with tho usual VOICE OF THE PEOPLE, May-Fover Itemedy, | ‘To the Editor bf The Chicago Tribune, Citcago, Aug, 1-1 inclose. clreular Ietter, and huve such entire fulth in tha virtue of “Papillon” to rellevo hay fover that 1 will gladly furnish trinl bottles treo of ebarge to any of your aubsuribers who inay calt on mie, Very | truly yours, THOMAS C, CLARKE, AW und WI Lake stroot. ‘Tho Mordic Fraud. To the Editor of The.Chicago Tribune, Cmicaco, Aug. i2—ltesldents of the North Bldo have good ronson to complain of tho way tho managers of tho Herdic conchus treat tholr patrous iu roturniug from tho Exposition Builds ing. Boing protitable, tho only, desire thosa. gentiumen now have is to mukoull thoy can, without rogard to thofr promises, Thoy ayreo to run tholr Herdics from tho concerts a4 well us to thorn.) Last night thoy had five Herdics thoro, all “ohartered by privato Parties,” aud not ony fortho nccommodution of the peuple they bad taken over. ‘Tho same wis true lust ucsday night, Aud tits wus ata tino when tho convert ‘was only. two-tHirds over! A few nights before there wus only one Herdio at tho building at 10:16, Thodriver told x party of three that ho ‘was not guiug over ns“ bis wheol was broken.” iy tho time fvo oro bad jolued those waiting “ho owns roody to lonvo at onca, and went over nt a rattling - guilt, ‘The Company have tho right to ebartey tholr conches to - partion: but whon they do so thoy should provide othora for tho benefit of. those Whom thoy tnko to the bullding with the ngroa- mont that thoy will bring thom buck when tho concert Js ovor, PATHON. ‘The Irish Land Leagite. Tu the Editor of The Chicago ‘tribune, Ca1aaco, Aug. 12,--Do you not think that your vory ablo and impartini article in your paper of to-day would bave beon with a8 good forco and with a moro impartial senso to ull societies and combinations (fostered and nurtured in this country with a hostile intent aguinst a friendly and kindrad nation) ff instead of advising your follow "Irish" cltizens to place thomeclves un- der the protection of Parnoll and his assoclutos you find ndvisod them to avstain from onch and ovory ony of tho asuoointonn politically ore ganized in opposition to a country xt puace with thls? 1 only ask for my country'a just and fm- partial oritloism, and © havo no fear of the ree sult, and I nm sure you will bave no abjeation to publish this luttor fro | AN ENGLISIMAN. fF fhe orguntastion which Puruell is wt the fond of Is porfeotly Joga: in tts uly, It is ng logal as any Logilsn tra SEB. Ek s-union Jeugny, and its pure Just ns propor-and tegitimate. Tho rsh Land Leagua socks to better tho material condition of tho agricultural classos by cum. ined oiforts und united, lezal resistance to tho rapnoity of the foudal landlords who huvo re= duced the Ieish farmors ton most deplorablo state of want and poverty, Parnell desires to extinguish the -horribio land laws of Irolund, and tu do it through Parllament und by methods within the Inw. All riurht-thinking Euglishmen shully sympathize with ble purpose, aud nssist bim in efucting $t, Parnell's purpose is wo dix- ostabllah foudal landiordian ti frelund, whoxo rack rents ire now colleuted by 4 stauding aru: ‘of 80,00 regulars aided by # Hoot of war vessels. ft would cortulnly Leuetit Rugilstimon to get rid of attoh nsystom. It is prepostorous for English. won to expect that Americans cun npprove of re the poverty-reeding Irish laud system, Such a system of blucdtug the tillers of tho soll would not bu permitted to uxiet In this country fora moment. Tho Irish furmors hayoa portcat legal right, under Briteh laws, to form a trades-volon, feagne aud strike against that system of.rob- bory, and averthrow it by Inwful means, . And it isto be hoped they will auccued.] Tho State Board of Kqualization. ‘Te the Editor of The Chicago Tribune, Baunatania, Vormilion Co., Mi, Auge1.~T ‘Was over at Springfold this wouk at tho organt- zndion and make-up of the Committous of the Stato Buard of Kqualization, It was a common remark that there wore shamoful doings conneat> ed with that event, Notorious professional lob- bylats’ were there working hand in band with prominent and woll known railroad attorneys, Tho Leland Hotel was, us usual, tho Koneral fatherinw point, and {¢ was tho cuinmonost ina athe world to suv those ralltond Inwyors un lobbyiata pulling members of tho Stuto Board out ‘Into avorct pluces as ward bummors pull Yoters out on vleution-day, =Whon l wana boy thore Ived in tho victulty anold Scotch farmer tamed Johnnie Mourn and a worthlosa, good-for-nothing follow calla Jim Driver, Mountz hud @ tug colt, which came up missing ane day, Whon asked if bu thought anybody stale bis cule, he replied that be did tot kuow, Dut that Jim Driver and tho colt went olf tho sdinu night. ‘two or threo weaka afterward Driver returned, und hearing of this ramurk ho Attacked Mounts in tag Hite village. Bald he: “Look hore, old Mountz, Lundorstand you sald Tatule your cult?’ * Nu. na, Joammes,” aitd Johu- no, “'dlune sald you state the volts but sio you ak, Uileny it looks dammed bad on your sidet* Bi jupncte '@ pleco of ruilroud property worth $1,000,000 wua In court for urbitration; “suppor Uihetwop men were elected Cron whum six wore to bo chosen to pass on tho'actual valu of that Property; suppose while the selection of these vulx was Doing mado that hotariane gitoriieys e! a Tan hore god a inan there, In ruil iow of the Judge aud the Sprotataray and boll lung and be. Orel converse with thosu nineteen persons, whit td Judge Anthony’ or Judge Tuley sny to wuch 4 proceed J donot say that the railroad attornoys manip: Wluted the Stato Huurd of: Houalization, but it Rit dommed bad on; theft side.” Lt wus a burmnillatiog and paintut sight de Springtield laut Tuvsday und Wednesdgy, ‘Thoro was burdly « jninuty thut 4 member of the Board was lett frou fron Ae. iMportwnitics and vvilsuxgestions of these ruilrond attorboys and the lobbyists. 1 ru, olr, the tee Of the columns of ‘ik ‘T's eto. put this circumstance on record, with Is additonal statament, that In all the yeurs a¥e DOVE rel ry Ad Thing that could be construed into togal lander een paae o " Tho. Presideni’s Inabillty—W "6 me Presidents Tua Why Don ‘Th the Editor of The Catcago Tribune, OnI0AGN, Aus, I2—Tho Oonstitution of tho Tnited brates, ja the clause defulog the dutlys Of the President and Vive-Preaident, suys (Art. Tl., B00, 1)s as : ‘’ In case of the rem of the President ste eeren aan tha same aball- devolve on tha Vices Proel-, Oy dent, and the Congress may by law provide for Siseess ef the removal. death, realenauon. oF * h of tho Presidont and Vice-Presi- ring whint oflicer 8 hen act ne nt, and such offices shall act according!: until he disability be removed or a Vrosidont aball by efectud,”” Preaitlent Garflold has been disquntined since the 2d day of July from performing any of tho functions of fils office, and the “inability” will probably continue two months loner, with tho Lent treatment and the most encouraging prog reas Lhatcan reasonably be expected. At tho ond of that time tho Government will have prace teally have existed without a chief executive ollicot—tha Prusidont helog disabled from an assaaln's pistol-wound thot requires tha rote stant care of six akillod suftmeons, and the Vices Prostdent boing as practically excluded from the performance of any Prosidential duty ns over hid was or can be. Nobody denies tho Prositont’s * inability" to fll the biltand perform tho service for which the people electod him, tho daily bullotins issued by the physicians uttondanee nt tho White House attest to thi fact,and yet Vive-Prosident Arthur spenda bis tne In New York or olsawhere, attending to his own private business, Tho “inability” of the Jreatdent could not be more complete than it 1s within the incaning of the Constitution, Why is not the Vice-President, the second officer in tho Government, invited to take the Executive chair, as Liout.-Gov. Hamilton would be naked to stop into Gov, Cullom’s noes ir that functlonary should absent himself froin tho Stato? ‘The renson is, that thore isan antag onisin existing between tha Vice-President and the present Administration, und a fenr that in at is well sprend among the people that ho would ture things topsy-turvy: if nce, They hos dno atvon. 8 nu y know that Tytor, Fillmore, and Johnaon all did it ou the denth of tholr predecessors, and thoy: apprehend that Arthur: snignt possibly do tho sninc. Bo tho President, who is intelicctually iunster of tho situstion, Although subject to great hodiy suffering, and his constitutional ndvisera agree to keep Ste. Arthur at arm's-und for thy present, fiut this is not what the Conatitution contem- ints, ‘Tho idea of its framors wus to provide for Just such an -omeryoncy in the practical worklpgs of our political system os now oxlats. Thoy intended that tho Vice-President should fet tomporarity during the continuance of the President's “inability” precisely as tha Prosi- dent pro tem, of the Senate of tho United states: tnkos tho place of tho Vice-Prosident when that olliccr Is nbsunt, and Folingulshes it oxain on bis roturn, lit this way tho Vico-President’s oftice would be of some necotint nid possess soma digatty, and not be. considerct the mere vinpty honor that itnow 1s. Thore {8 no. suf. felontreuson why Vice-President Arthur should Not hive buen called to Washington the same day the Fousident was shot, tonssume the duties of Prosidonte acting In perfoct necord with the Cabinet and President Garfeld whenever be could be consulted, tho “auto aa lf President Keop, of the Northwestorn iallway, should be disabled und his duties aevolve upon Vice- Prositent Hughitt. Lincan,of course, that thoro $s no good reusun in tho Constitution or in tho stntutes rotating to the two atlices in question, but we know that outside of this thore fs a yery gourd renson why' this was not done, and this brings us nguin to lament thoserluus blunder that wis mado by the Inet Republican National Convention in ‘ushiue the Vice-Presl- dency asnsop to uppense tho nuyor and quiet tho disappoltitment of n faction of defeated pull- ticlius.” The people of tho country elected Sir, Gurtlotd to tho Presidgnoy, und thos aro well Pleased thus fur with the policy he has ianugue rated, They dld not intend to clect dry Arthur Proakiont, wad when Bo sktad with Conkling thoy felt gerry that thoy nad oven elected him Vice-President. No more did they wnt to sea hint in tho Prosidential chair, and the sorrow thoy fult when tho sad news was iushed to them of Guitenu’s wicked crime had i ffttle more sinirt in it when they retiected on what would happen if Gartiotd’s wound proved fatal, Isat good often comes out of evit. It will ba So now, Tho exigonoles of tho cugo have beou thoroughly considered slnoo that fatal July day, und the poopte seoclearor than ever before what is weeded. Among othor things thoy sco tho pine necessity of elouting ag goody man og cin ¢ found to the Viee-Prosilency, and a man who isin prortoce accord with the beat oloments of the Republican partys: Thon he ean be trusted to stop into tho Prosidont’s shoes at any time, porform the duties of Cuief Magistrate far tho time boing In nerfeat accord with the oxist- ing régime, nud retire whenever his services nro nolonger needed. Te A. Me CIVIL-SERVICE REFORM AND HOW. TO GET IT, ’ To the Fdltor af The Chicago Tritnune, InprANAvoLIs, Ind, Aug. IL—Mr. Roscoe Conkting, whose oficial dictatorship has been so suddenly und so ruthlealy arrested, has, bo- cnuse of this uvent and because of the oxtraore dlnary cireutmstunces which precipitated tho overthrow of bis boss rule, becumo regarded os the substantial embodiment of n system, when in fuct he was only one of a class of ‘states- men” ail of whow shared bis opinions, ludorsed: his systom, and labored for bis eausenscariustly nsoyorhedid. Tho overthrow of Mr. Roscou Conkling does not by any menus iuclude tha overthrow of tho pecullur political theorica of which bo waa the advocate, tor does it of ftevlf, rid the publle service of athor public men who inthelr respective jurlediotions havo been as offensive! arrogant, and ‘as‘sliporctiiously do- dotunt of pubtic opiuion as ever was the lute Senntor froin Now ‘York. * It Js true that the spoils system of politics und tho claim jot Sen- atorin’: Mnrons to dictatorial supromacy Within tholr baronics hnve sustained a so- rious shock, und have oyoked: great popu- lar condemnation; nevertheless, thera are certain yotorioug facta which show it tho spoils systein fg too deeply cherished and has too stronx t foothold among those who alone can oradicate it to warrant tho bellof that tha recent revolution in New York {s tho: certain prelude to reform, In short, the apalls syataun survives itd chlof ndvovnta; and though loscoo Conkling 1s no tonger u Senator, there are othor Benutors who tive and to whose polltionl exint- nee the spolis system is ns vital us it ovor wus 0 Luin. Wo havo thirty-olght States in tho Union, Ry the viclasltudes of party, the Demourats havo been able to overthrow fn all the Inte sluveholit- ing States tue rulo of tho clues of mon Jabelod atthe timo as carpet-buggors,” and ouch of who Jn his day wasp polls boss" jn tho practice of the worst fonturus of the spoils ays- fom, Thoso States re now dominated by the Hourbon Democrats, whose strongest yearnings havo been for n Nationnt Demovratio Adminis- travion, under whieh these Hourbon Sen- ators and ltepresontatives might become, euch = oin his batliwick, a boas tho spoils syatom, ard (an unrolonting doftentor of tho dootring that to the “umbass. dors of tho States” pertains tho rlaght to controt the spoils of the Confederation in cach Stato, That was un old Domovruily duvtriay; w patural outgrowth of tho spolls system, and Incidental. to the Detnocratio thoury of the sovorelunty of the Burtes, At the Chicuye Republican Convens Hon of 1880, Jt will be rewemberod that some detogates: took ‘the ground that the Convention was a convention of “States,” und not of the poople, und that delegates wero ouly ontiticd to yoto unanimously ns Biates, and not Individual ly, 18 representatives of districta,—n dodtrine which, if conceded, would have cnuabled the bosses of the spoils systom to brave controliod the Convention to thoir full satisfaotion. Jn tho popular autisfnction over tho defext of Roseoo Conkiing thoro lan danger that dofeut may be regurded ns more conclualve than it ro- ally fa. That dofent will bo utterly barren if it inchide nothing tore than the digailssal of ono mun and the suivetion ot a much Inferlvr one in his place, Thoro ure other States thin New York which hve beon cursed by the apolla Bys- fotu, and over which other bosses bnvo lordod it with as much wrroyance and = with ag much politteal § debauchery ns cover |. disgraced the polities of New York, Torrorian has. been exercised clsowhere ns brutally as along the Erio Canal How far will tho defeat and popular exeuration of Conkling affect tho. spoils syetaen and Its munagers and busses in Other States? ‘Tho fact thut this system bas been tn full operation for number of yea pnd successfully carrigd out, 1 notorions, au thero are perhaps but few persons who piy any attention to polltics who ure not rendy and pros pared tu name the Senatur, Roprusentative, or other publio man who ia the Hoss, and who rung tha machine tnevery Republican State, Var- mont, perhaps, nese Hetle Fedora patronay thatif there be a Hoss thera bo oun ouly lord it over a fow things. Tho names of these Bosses ithe #0 notorious that in conversation itis com won 10 reter to the saveral Stutes ne A's Stato.” or “Bia State,” Indicating the pro- priatary interes which tho porson named holds under the machine, i Jt 18 Unnecossury to namie these bosses, Evory- body knows then, The polut which wish to impress upon the public te tat in tho fall of Conkling there was only ene man and jn 6 sligte State deposed, and only ono machine guar, Wont is to bo dono with all the athor Conklings ‘vot: yat depused, and whut is to become of the other mitchines nut yot amashed % He Gani sei to bo destroyed only in detail ¥ Ave the other Contlings only to be overthrown: and ejected froin the publig aurvice by 4 popu Ine uprising du the auveral States? Can this usurpation of wuthority by Senutors be auly dee foutud re & commun effort on the part of tho poople of coh Binto to oject from the Sonate every ian who claims or ultompts to exorcise A propristary interest over the State, and who ase sunied to ‘reguiata and dictate who shall and Who wball not oo eppolnted to otlice iu or from that Blate?: ~ in sort, must the other Conklings still in of- Acu, att! exergleing power, and stlit matntatne iy, the spells System be jakon 1 hand tudlvid> ually, wud be dlacardud one by ong and repaid: ated, ns was done by the people of New York ? ds exturmiuation the anty ueaus lett to tho country 7 If 60, would 1t not by woll to give Hest ono tha “ot se Coneltnat rata oe} roforus Poululity SF iidaat bya I sinuahing OF 0 Taucbiaary in poititeay YS Anat Haat. ee cone «A MYSTERIOUS BARK, Br. JoyM, Ny ¥, Aug. 12—Pilot Sutton states that ono day tho ‘latter part of lust week thoy sighted w mystorjoua bark west of Mrlar Island, mbout bgt iniloy solthiens by bah, EW walle wased MUM Word i ho Marten, When questioned, choy Maid toy. anton tt yonch Yarmouth, When asked what they would doin Yurmouth they ald thoy could tell better whon they xob these. ‘The vessel than wont off, hearing westward under topsails and forcsall, All gear under the bowsprit was banging loose, =the result doubtioss of a collision with tho achooner Dare ‘ ut out of - THE BANKRUPT LAW. Result of the Labors of the Sen- ate Sub-Committee, Information Collected by Sonator Ingalls and Ilis Associates, ‘Expressions of Sentiment from All Parts of the Country. Spectat Correspondence of. The Chicago Tribune. Toren, Kas, Aug. 11.—Tho question of tho reGnactinent of a bankruptcy law is Just now oliclting u quite gonoral exprossion of opinion throughout the country, and In view of tho sp. prehension in many quortors of % pussitie pantie fn fiunnctal and trade atfaira at no distant day, almilne to tho crises of 1837, 1857, and 187s, it hee comes a tontter of auch Import, fo far-reaching in its consequences to tho different commoercint {ntorests of tho Nation, affecting su inuch for ovil and good tu manufacturers and tradeamun, oxtondiig in Ita influence nliko to those In pros- perous circumstances as well a¢ those whe nro battling with advorse fortune, that it takes rank with the vory tiicheat topics that statesmen may consider or that may cluint tho attention of Congress within tho next twelve months, Numerous potitions were presented to tha Forty-sixth Congress for tho retnuctment of A NATIONAL BANKRUPT LAW, which woro reforred te the Committed on Jus diclry. A bill on the subject of a uniform sys tem of banerutey was prepared by Judua Lowell, of Boston, Mass. at tho request of the Hoard of ‘Teado of Hostot, and other mercantile associations, in Muy, 1880, and Introduced in tho Sennto lust winter, and referred to the Judiciary: Committee. A Urlof nualyais of tho * Sowull” ‘Dil wilt bo of interest In this connection: Concerning Jurisdiction, the Will provides that Clreult Courts shalt have supervision over Dis- trict Courts in bankruptey prococdings, and wp- Pelinto power in notions at law or equity for sums in Ulspute exceeding $600; the Suprome Court of the United States to have appellate power In all actions if the amount Is large enough, but uut in bankruptoy proceedings proper: Stute courts to buye jurisdiction in casca between party und purty vrising under the Bankruptey haw, but not in procecdings under tho law. Suluried Kegiaters are uuthorized, and salariod Supervisors provided for, une In cack clroult, to Watch Over tho proceedings and sco ‘that ie are conducted speedily, lawiully, eco- nomically,and unifornily, aud tu make quurterly reports of tho state of business in cach district to the Judge thereof, who js to send copies to tho Atturncy-Genoral. ‘The Clerk fs to by coms nensated by fees, und to perform imuch of the duty formerly devulving upun the Marshal, tho Jatter olcur not tn be employed unless war- rant is issued. for special cause, Ieurings are required to bo oral, the Asstanes ts to bo onosen by tho ereditors, and preferred creditors are not to be ullowed.to vote or [aes ot debt unless thoy first surrender tholr preferences, A“ Commit> tee of Direction.” consisting of three ‘persons, . to be chosen by tho ereditora or nppolnted by tho Judge, is provided fur, to ald the assignee by thelr advice In case such committee 13 decined necessury. Lenses ure considered surrendered, and {f tholandlord suifers he ean prove his debt and obtaln adividend. Oneintined dividends for six yenra revort to the United Stutus, Compost- uon settlements ure continued, one-third of tho agrecil amount to be paid in cash and the bai- anep secured. ‘Tho provisions “HELATING TO CHIMINAL ACTS, in addition to tha punishment of fraudulent debtors, make it n poblenatla offense for credit- ors to permit frauda upon thelr tollow-creditors by proving false claims, or rocetying any money or thing of-vnitie is a consideration fur their action, or furbearing to act in the vholce of an Assignee, the seceptanee of wn composition ortho aieobarae of a bankrupt, The wutry fees to bo paid at the tUme of filing petition are: $0 to the Register and $10to ie Clork, in Heu of Other fees, excopt for copies of papers, sending Notices, aud acininistering onths, One Poe cent of tho gross amount realized In oxcoss of $100 to be pald to the Hegister by the Assignee, ond percontoft all composition settlemunts tu be pald by the debtor; the Register to triusfer all auch gums recelyed to tho Trensury of tho ‘United States within ton days xfter receipt, Another provision specities tho exomption of clngses of property from attucnment in con- formity with tho laws of the State of which tho debtor fs resident, not oxeceding in tho case of “ traders" $600 in value, with a proviso Foran additional allowance of 8500 1f necessary for his support pooling tho proceedings. Heusonable Waves urv allowed for services to the estate Ant State exomption Inws to govern In cuses of persons other than “traders.” Another bill on tho general subject of bants- ruptoy was Introduced by Senntor Inmaiis and Feforrod to tho same Committus, ‘This bill was prouared: by an cuinent: commercial lawyer of lew York City, and was originally. sent to Benutor Conkling, but hoe botng on tho Judiviery Committes (of which Sonntor Ingalls wis not tien u member) and not desiring to bo com: roitted to ony particular plan, banded tho bill to* Mr. Ingalls with a request thut he introduco it aud have tt referred, On Jan, 10, 1881, und miibreqsiant days n Na- tional Delegate Convention of Boards of Trade of the principal cities in the Union assembled at Washington, D. C,, at tho invitation of tha New York Board of ‘Trade and Transportation, and the National Ionrd of ‘Frade, tu cusider tho provisions of a bankrupt law for prosentation an RECOMMENDATION TO CONGRESS, and capevinily to: discuss ‘the “Lowell bit” which they genenily indorsed, with but twe or throu silzht modiiications. The results of this convention were presented to Congress and reoelved tho sutne reference as othur matter Wertuining to the subject, 2u the moantting the Forty-sixth Congress ox- prod. Tho Sensto boing in uxtraurdinary scs- sion by prucininution of the President, the Hen- ate Committe on Judiclury wan reorganized ne follows: Senators Edmunds (Chairman), Conk ling, Logan, Ingalls, Meslay, Garland, Davis (lib), Bayard, and Lainar, Meforeadjournment, ‘on motion of Senator Edimungs, all communica dons, petitions, pupers, cte., on tho tiles of tho Bennte pertaining to the subject of bankruptey wero reterred to the Comtltteo on Judiciury, with ijeave to sit during vacation for tho full considcrution thereof, A subl-cominittca was uppotuted for the nbove purposo. us follows: Tho Hon, John J, Tnjrulls, of IKunsas, Chairman; the Hon. 8.2. Mostilinn, of Minnesota; and tho Hon. A. I. Garland, of Arkansas, Jo furth uno of this object and to obtiin the sentiments of the people ‘at hirge ns to the ndyisabili ty 1 desirability of u Nationuf Bankrupt inw, Sona- tor Ingalls, in behalf of the aub-committ: P ree particular intore mnunion regarding i < pared. § olroular jottar asking DIFFERENT POINTS IN CONTHOVERSY, and especially with reference to curtain fent- ures of thould luw. Ybo clreulur wus as fol- a ows. “UNITED STATES BuNATE, WAsitLNaTON, DO. Juny |. 18L—Suts Tha Sonate bus wuthorlzud its Committee on the Judiclary to sit duriug tho recusa of Cuagress for the purnose of eunsider- dug the question of vatublishing uniform laws on the subject or Dankruptey throuwhout the United States, “Toald thom in thojrreportto tho Senate, the Committee dustro ta ascurtuin whether, iu the opinion of thosy nost interested and ninst competent to Judge, the commerce aud bustuuss af thy country require tie early enuotment Of & Permanent National Bankrupt act. “Tn any mieusure that way be adopted hero after, us compared with tho luw of ys “}, Shoutd theoltlours be comipensated by xed salaries or by fees? Lt 5 whould ae power of Roglstora be {noreased. or diminiabes “i Should tho-amount of indebteducss au- thorizing tho tg of n petition ia volustury bankruptoy exces - tines Hhould composition settloments bo con- ned? "6, Should tho discretionary powers of the rested yolutive tothe Kruuting of disunaryek bo entar, io Gur viows upon those poluts, togethor with Practicnl sugwestions upon such others as may bear to goth, Dering upon tha speedy aid ceor nomical distribution of the estates of inyplvouts, will be revelved with pleasure by the Caminite toe, Kespootfully, JOUN J. INVALL,, *Chalemun of Sub-Committee of Comuittoo on the UCR it tania sae ‘Vhe foregoing tottor was sent toni 16 Judges of the United States Sapremu Court, the United States District Judgos, Justices of the Supreme Gouree of foe Noosa ation Bates. petri tiorioys, ox-Rexistors jn Mankruptoy, u Boards or Trado and Chainbors of Cowuioree in EVENY CITY IN THE UNION whore such urganization was known to oxist, to members of the Bur, to the editors of ull ihe known commercial and Anunolul journala of tho country, to bniikera Ig avery tuwn or olty of any. promingnon in the Stites und ‘Lurritaries, to'tho leading manufacturing aud business firma in nil brincbos of true. In the principal towne and cites from Washiugton Territory to Florida, and from California to Maine, and in addition gave wonural notice through the prose fuyitinn suggestions and viows from any wud ull luterustod i the question, Such interest hus buon maulfested, and rus Plics are bolng reculyed by Senutor Sngalls very Renorally from thoy uddresged, fron ull parte OF tho country and from persons representing evory class of business interost, neural tenor of tho replics from the commerciul Intere ests iss (1) That @ National Huukrupe law ie coded, -(2)-Thut all aiticers should be com~ i3 ct jo uveraga AiInoUne suRGestod being $1,000, (5) That coms Porotully 'gtrurduds (0) hat es sompured "With Garoflul ed, we tuw ort thu, reek ve gh DISCRETLONALY bade av Tue pour Folutive to the grunting uf diecharyes should not. enlur . (1 fiat Wwuntover inw be enacted, It HEPue car carnaave an8 evel 8 aw vibes aut unite: in condemnntion of the iaw of 1867, not 80: much on uccount of tne principles ‘of sattlomout between creditor and debtor os the features of its administration and aystom of practice, it bolug tasisted onovery ind that tho assetsof the bankrupt were waeted and consuined by the oxpensive machinery of thocourt. It will be remembered that the Ret of 18A7 was repealed in response to-tho Jm- Portuuate-demnnds of the creditor cines. Many members of Congross in both Houses (Senator Ingalls among tho number) voted for fia repeal under protent, stating in thelr specches that the Anterosts of tho country require a Hankrupt law, and, therefore, the repenl was unwise, and the demand for tho retnactment of 9 similar law would soon follaw, Many of the leading commercial and tnantt- facturing firms corresponding with the Comimit> tec oppose the onactment of 1 Bankrupt law, belleying and arguing that it would he 3 bad TO THK COUNTHY, and open tho door for fraud and specutation. Thoy claim that tho honost debtor can niways moke @ satisfactory and prompt settiemont with his creditors, ‘This opposition, it Is noted, comes — Indiseritiinately from all ee of the country, and not from any particu- dr section Or sections which could bo remanded na tho tebtor or creditor portions; and thora opposing legistation In this direvtion are wener- ally in favor of tho provisions enumerated above, In case a law on tho subject is passed. Some very oxhauative replios breve been re- colved by. Mr. Ingalls froma Bonrds of ‘Trado, Chatnbers of Commorece, and from severalof tho United States Dintrioe Judges and ex-Itegistrars in Bankruptcy, giving tho result of tholroxperl- ened under tie ald Jaw, Among those tho reply of Judgo It. W, Hughes, ot Virginian, published in tho Richmond Jtyntteh early in July and com> mented upon tn the Albany Law Journal of July 16, Is of Bpecltl Interest. dudyo Hughes Is em= phutlcnlly HF the opinion that unless, A DIFFERENT PRACTICE AND ADMINISTIAS TION froma tho old law of. 1867 1s incorporated in tha new faw none should bo cnaoted. Ie urgos that thero should bo no Iteyisters, aighees, or messengers; that in baokruptoy cases Chancery rulus should bendopteds thut 1 Kecalver of tho estute should be appoitited and held strictly accountable to the Court, and ho should suttly with a Commissioner How ise ap pulnted by tho Court In each case for thut pur- pose, and to take testimony, oxeratilnny ta tie under the supervision of the Court. Furthor, thut a Nberat discretion should be allowed tha: Judyo uts,ta discharges, sibject to x Hinitation by laws that wil officers should bo compunsated by fees ag now alluwed for similar services in chancery proceedings: thatn bankrupt should bo reyulresd to walye bia right to all State exe ompuon laws, and only de entitled to a uniforin exempuon, which sboutd be a purt of the law. The Sub-vommittes huva been greatly aided and assisted In thelr endeavors to obtain light on the subject by the willingness with which editors of some of tho principal commereyl pa- pers bave furnished from their Miles articies and: communications beariiy upon tho general ques. Hen which buve beon published during tho past Wo YUNTR. ‘Tho current bankruptoy discussion has seemed. to dircet tho eyed of Americans to England as the grout comimerelal nation of the world for Nebtand guidance, it being cliimed by some that, owing to the altnost nolversal iutercat tuken In tho matter thore, the Baghsh bunk- ruptey ucts were very eur perfection, ‘This opinion would UARDLY SEEM TO BB WARRANTED DY TIE : FACTS, SY judging trom an artlelc in the London Pal! Malt Gazette of Due, 16, 1840, which saya: “ A speclnt committee of the New York Cham- bor of Cominerce was Appointed dust May to ro- port upon the National bankeuptey law pros posed by Judge Lowell. This month a report frou the Cominittee waa presented to the Chum- ber, and ultimately a strong resolution wus pissed in favor of w Nutioval bankrupt act for the distribution of insolvout estates aud for the discuvrageinent of Insulyenoy, A National bunkruptey not may be an urgeut necessity for tho States, butit somewhat iletracts from tha Yalue of tho optntan af the Committee to learn from Mr. Robbins, who presented the ro- port, that the *Enyllsh bankruptcy nets were very nour perfection owing to tho almust ute Yeranl interest taken In the subject in orld! Unfortunately the enpital recovered under our bankruptey lawe beara auch a very small pro- portion to the interest taken in the subject, tant 4 inan ueeds to be ns faraway as New York tu digcover ita virtues.” The members of tho Senate Sub-Committeo Woro cognizant of the fuet that the present bankrupicy law of England 18 NOT WHOLLY SATISFACTORY. It was passed in 1869, A bill to untond tho act was on April 8 Jost Introduced in the House of Commons by tha Rt, Hon, J. Chumberiuin, tho Atttorney-Goneral, tho Bollcitor-Geotral, nud Mr, Ashloy, which was read.and ordered printed. ‘To nid the Committee io thelr work, Senutor Lue Rulte hus throuwh Minister Lowell applied for and recelved from Mr, Chamberlain, who ls also President of the Board ‘Trade, a cony of the oltt English lnw of. 1809, 0 copy of tho new bill minendatory thereto, und n copy of his apeoch In the House oF Commons introducing tho bill. Onv of the wroatest ditliculties vo be encoun- tered in treating the aceon in this country wilt be tn connection with the HOMESTEAD AND EXEMPTION LAWS of the different States. The constitutional ro- quirement js thot Congress shall bayve power to pasa uniforin Inws on thoaubjectof hunkruptoy, and ng tho oxonipron iaws to tho differentsintes vary from a fow hundred dollars town indullpit nuipber of thousan Urattlug a provision that will micot this ubjec- Uon, ‘Inks tho Kansas exemption Jaw for iluse tration: Lt covers 100 acres of fand In the coun. Uy, one acre within a ioourporated city with all the Improvements theroon, together with much Yaluablo porsonal prepenty. if in the form embraced by the luw. Jt is thought possible under tho Kansts exempoon Inw to withhold property from seizure tothe value of. $100,000, and einer States bave equally iberal onact- menta. ‘Tho Sub-Committee will probably arrange for sittings in Chicago, New York, and possibly one or two otherof the princtpal commerolul cities some tiny in October, to hear aud receive su gestions from the merchants and interested parties in connection with the proposed bank- ruptey lw, inorder that the resulta of all the sntarmatioy, they bave been enabled to obtuin inay be e PRESENTED TO THE ENTIRE JUDICIARY COMMITTEE, and by thom reported to thy Sonate, whose ace Uon will doubtless be governed thereby, Atiauronteer for congratulation that so im- portant a subsoct bas been pluced in such come wtent hands, jo knawa ability of Soustor galls, big rare Judgment in matters of law, to- kothor with the hich charactor and uttulnmenta of hig ossociates on the Cominittoc, give ussur- unce that the Intcrosts of ull clnsses will be faithfully guarded, Mr, Ingalls ts devoting con- asldorable attention to tho bankruptcy problem, and will, no doubt, bo able to subinit to his committee and to the Senate nt the noxt sossion of Congress a woll-consitertd aud valuable re Port, hased upon the suggestions coming to him through the sotirces iudivated, and tipon bis awit knowledge of tho practioul workings ot formor laws. Should be embody his views Iu tho form of o substitute for pending tills on the subject there is uvery reason to bellaye that it would Rivet tho desires of a lurge inajority of tho lend- Inu profeasionitl and business-moen who have expressed thomsulves, and thut it would bons cumpleto aud ncceptuble to tho great bode of the people as the peculiar necessities and tue tricacles of such n law udmit of, a. —<—<—————_ MAIL-SERVICE BENEFIT ASSOCIATION, Spectut Disyuteh to The Chicayy Tribune. La Crosse, Wis, Auz, 1.—At a meeting of members of “the United States Matl-Service Durual Bovellt Ausoctation beld in this olty this Bfternoon, Mr. N. Porkins, of Preston, waa chosen, to represent tho Atsocistion in tha Annual Convention which moets ut Atlanta, Gu, Sopt. a. HARVEST-DAYS, For The Chenoa ‘Tribune, ‘Noath preci Suintner-eky o'erhend, ‘Xho golden gralu-tields Ilo cutaproud, Tu hues that rival Evoutng’s sky, ‘Tho bills nnd valleys round mo to, Tho ligbt-wtsngent breezo that through them aye Bings'nat to me tho woll-worn layal That Uke tho tleld is bumun ite, All ready fur the reapar's kultu, For of tL heas, 'mid waving wratn, ‘Tho awectness uf a soothing slruing And clearer tar than chiming bells + Ag tho goodly tale tue harvest tells. . Thoar of days tn Inbor spent, Of fair abundance aud content; Of mirth around the bright tresses, F And the holy thought, God will provide.” And * Life ia worth tho tying, For all that faint hearts sty; Gal's world tods worth the KIVing— Allalory is away." A. MM, Donne, TLANEIAND, Unt, . ann GREAT COME Swallowing Poison. Awallowtny. aud juballng the noxious jupuritios erage ts a Thy eee now algne or fia: But the igs No ue BH 8 ow inorulntive je Meyers new inocu oNeheutsusd byuinus wusutied rata (aroudiuitt the eystens aid “is del, 0s BIie vor. tu dutreceduuced tals wien UnEGs wall-}'03 npreces - todd Lestlivon{ats frou way taodsuide WO, o% wii a Lablise, yepond ‘contradiction, i Wel We Moyers Catareh Cure Is ory since vaccine Tt Jorw B constiintionnl us well ax jurul ‘oortals re wi teh = at rt dwedical deco’ Ue Bete ovat aan ea Seles (aaaeateaa ears Rane saat fered traps Cataer for4o ae ae t. MoDounid, joadway. Ne Yet, "dt cured ine after doctorin Er aeay Sean yl ein tats pl Ne Yt oh sper for re Of ty family who ve upd i white iL ike: sh an ee rasarieks ch 2e Ue, Wal be 3 ro Eig 8h re" Isdeltverca, ‘BN: wddrens by PSosWay Ch, BDersieN: var Bd-00 cone us, thore is much trouble in, on errr THOMAS SUMMER NIGHT CONCER RTSeS THEO, ‘seae SUMMER NIGHT CONCERTS, TO-DAY, 2:30, GRAND MATINEE ACME OPERA CO. Under the diroction of str, the pupuine fava I: oa Hlenor, and a grand oh res Merond Mascotte Statice this atcernog! BOUARE Box-plan ready Thursday naxt. ‘THIS BATURDAY MATINEE, socond and last per formance of MISS MOLLIE PRINDIVILLE, Eaturdoy nnd Sunday Nights, lant performances of JAMES LEWIS MOKHISUN, i MAGNIFICRNT PRESENTATION, ! rand. Drutua ine Acw und Babee” © The World. Every Evening at Ro'eloek. Wednn: ‘Twenty-sccond-st, Cotinze Grove und Indisns-ave ‘This Brentng and every ovening dnring the snmmor, + i ‘Matnos, Tickets, 25: ; nanagies and Sconts. ¥orsnle at tho Exposition MILWAID ADAMS, INSTANTANEOUS AND UNPRECEDENTED nr OfM. Andran’s Intosteuceesstal-compoaition, * THE MASCOTTE BASE-BALL. DETROIT vr. CHICAGO GRAND CONCERT. Adiilasion, Zu: Sundar Matineo. Ie. AMUSEMENTS, | LAST WEEK BUT ONB OF TICE, : i 'TO-NIQIT-Veopie's Program, MRS. GEO, B, CARPENTER, Jesvae. ‘Managor, GRAND OPERA-HOUSE, a Clark-at., opposite Court-Houre. BY THE 4 , Hess, f Cirintons Henne renga rite, We de Wilkle, Adetnide Randall, face, nens OF fi yolccs. kes, Alfred rn’ aba. ¥. AUG, Z—A, BM. PALMER'S UNTO! TUBA IOS “CO, an DANIEL otha, MOOLEY'S THEATRE. As PAULINB,In the, LADY OF LYONS. O'NEILL. supported by ROSE. i, and Company, in RICHELIE MVICKE'S THEATRE. Jay and Satire Matinecs at you 7 WHITE STOCKING PARK, THIS AFTERNOON ATT 3:40 PROMPT, BAUM'S PAVILION. Burtday ovening and Sunday Mat THE, GREAT; SAUCE|: { Imparts EXTRACT Of INTTER from SB UDICAL. GEN. table, as Wellas most: saucosuatssinado.” HOLMAN'S REMEDIES. a me 2 ‘TRADE MARK. y . Liver, and Stomach Pad, H role Muni Agao;and Blomach troublog. BB. Botmu Holman'a Spteen Welt: oninrged 3p! autho most pal: the Wholesoma Lea a” CSS, ges ¥ Mgnatnre 1s on overy ,bottle of GENUNTR ‘WORCESTERSHIRE SAUCE, ‘\ Bold dnt usod throughont the world. JOHN DUNCAN'S SONS;s* } \ AGENTS FoR TRE UNITED-BTATES.' NEW YORK. HOLMAN'S PADS .; Operate Through the verve 'OFCces (th the Circulator. TT x Mpecial Pad. Forchroniccases. 818.00, re For stubborn cates of fa jeen ond unylulding Liver and Stom- x Ach tronblos, B5.00, Flolomuts Infunte’ Ind. Foralfmonts of Infonts ; ‘and Children, * dominal Pad. For Tohoennd Dladdur troubles. B3.00, Holman’s Renal or, Kidney Pad. For Kidney oy : 81,60, + Uterine, Ova- miplaints, BS.00, Motman'’s Pectoral Pad. For afoctions of the : Chal and Lungs, BBO. a Abs tL Medicinal reve The Goat Pissterin tue world. ® Holmun's Aimarptive Medictnal Foot, Pins Gretiattun. Por palr, 250, f Altorption Sait for Medtented Baths, Cont, (theumatinn, and encod Fath te reed Ver lb. puckaga, abo, Dit, HOLM A's advice Yor ato by alt colpt, of Rit Plas medy. far Cold Faut, Hoadaches, and slugate ¥or i all cases where o Medi- i, igalaa un @xeotient fout-bel iE ee : Druuelate, or sont by mall, poatpaid eo CAbunEstarL Salt. Ike nub nud inusk bosoné by kexprou ae purclass ach Jind boars the Irivate Ike het oneh Iad ragnte thee motte MULMLAN, Bath COSRANY, co ie (rue, Bull treatise aoat = reve ‘rade-Siork priniod In green, freaonappiicadon. Addre: " {1,-0. Nox 21), BAKING POWDER, OLMAN ‘PAD CO., a 744 Nroadway, N.Y. Inne Phosphate, Heconimended by tending Makos lighter blacuit, mkre, ete, tn heat D Se eae en een Atade from Professor Murefords! Acid icine. re phys! i a thier than orlluary Boklng Fow- dor, Iu cans, Sold at a reasonable price. Thy Horefurd Aamunne nod Cook Book “ sent freo, Tiumfard Chemlral Works, Provigence, ft. I ye “and Bi Lxke-st.. Chicaro. THE CALIGRAPHL,” The Only Perfust Wricto Beadent bey tor every wots PeSpectuons Of wal CALIGRAPH, ting ani Our. btaw ead Ven Buren-sis,