The New York Herald Newspaper, July 20, 1875, Page 8

f NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR, NOTICE TO SUB ‘CRIBERS.—On and the daily and weekly after January 1, It editions of the New York Heranp will be sent free of po: THE DAILY HE Four cents acme day in the year. per month, free of postage, to subscribers, All business or u. ws letters and telegraphic despatches must be addressed New York Henan. Letters and packages should be properly | sealed, Rejected communications will not be re- turned, eerie LONDON OFFICE OF INE NEW YORK HERALD—NO. 46 PLELT STREET, PARIS OFFICE—RUE SCRIBE. Subscriptions and advertisements will be received and forwarded on the same terms as in New York, AMUSEMENTS OLYMPIL T No. C&M Broadway. —V Aik a RE vo ML; closes at 10 45 CENTIAL PARK GARDEN, THEODORE ThOM 5) CONCERT, ate PM ROMINSON HAL: West Sixteenth s revs. AUVERGNE and Chit wo ae Tek ROSE OF CONTINENT, ats os wt 10:45 PL ML WELLS ISLAND, ai? GILMOKES SUMMER my poareme 7 es at UP. GARDEN, Jate Barnu SRT, wt 8 Lt ‘TRIPLE SI NEW Yonk, espa. IEET. JULY 20, 1875, THE HERALD FOR TITE SUMMER RESORTS. To NewspEaLens anv ‘ae Pusiic :— Tue New York Hrrarp runs a special train every Sunday during the season, between New Yerk, Niagara Falls, Sara- toga, Lake George, Sharon and Richfield Springs, leaving New York at half-past two o'clock A. M., erriving at Saratoga at nine o'clock A. M., and Niagara Falls at a quarter to two P. M., tor the purpose of supplying the Stwnax Huravp along the line ot the Hudson River,“New York Central and Lake Shore and Michigan Southern roads. Newsdealers and others are notified to send in their orders to the Henacp office as early as possible. For further particulars see time table. ; From.our repor's !)'s morning the probabilities are that the wexlhes «-day will be warmer and partly cloudy. Persons gomg wi of lown for the summer can have the daily and Sunday Henstp mailed to them, free of postage, for $1 per month. AY. Warn Srazer Y ket was active aud showed a further advance at the clove. Gol! went off to 119] andclosed at-214. Foreign exchango was heavy for long, with grain bills offering, aud steady for sight. Mn. Disraeri dissatisfies Parliament be- cause he does cot explicitly explain the inten- tions of the government. He is indefinite, they say; but is not that the fault of politi- cians—especially n they are not sure of their purpose? Tne Derantuext or Eancration is in pro- cess of investigation by a special committee of the Legislature, an 1 the proceedings yesterday are reported elsewhere. The public may gain gome useful information from this inquiry if it is impartia!ly nnd earnestly con ucted, ed to make a full in the Mountain facts Meadow massvcre, his trie] will begin to-day. | The Mormons are apparently seeking to get statexent of tle the witnesses out of the court, effort will doubilceas be defeated by the United States authorities. Tue Internati number of Mas. rs n2 the Lord M yor'’sinter®atioual b.nquet in London, but among them will not be the Mayor of New York. When t's Lor! Mayor offers his offi- cial toast he mizht well quote Macbeth and exclaim, ‘I drin\ to the general joy of the whole table, and to our dear friend Wickham, whom we miss.” A, doubttess, they all will. Tue Revowwrtion in Herz a threatens to give considerably trouble to Surkey. Efforts to conciliate tke insurgents have failed, and it is likely that the Sultan will have to suppress the revolt by a large ferce of military. The | outlying provinces of Turkey do not seem to | be very loyal to the Porie, and the whole trouble probibly originates in a bad system of the central government. Tar Banprrs or tue Hicutanns.—Burglars in the country ond burglars in (own make it hard for the pradent citizen to decide what to do with himself and family o the summer. Either way makes his lose. print to-day record of the Highlond nditti, whieh shows how bold and reckless are the robbers, who plunder, with apparen! impunity, that | goction of the couvtry. A vigilance commit. | tee may probably be the next step the’ people will take in self-protection; Lut that necessity is one which is to be at once admiited and deplore. | Sena ae Execracrry aNd Sivam.- Lhe two mys- | teries of steam and elociricity have not been solved, but have been made more mysterious by the recent enterprises of the Henaup, Our | exble despatches have fixed in a Jay the exact positions of all the shots at Dollymount and Wimbleden, and have thus practically realized to poetical idea of the “shot heard round the world,” while the Hensty express to Niagara Las effected a revolution in journalistic com- | rounieation. We clsewhere give a picturosque account of this experimenial onterprise in | rapid travel, which by its cen re ceased | to be an experimeat, and will socn become commonplace in the leading jcurualisu of Americas ALD, published every copy. | Twelve dollars per year, or one dollar per BuaCh- | AND POPULAR CON. | ne siock mar- | etion. Senator Thurman is reported to say, con- democratic plattorm in Ohio, that it is merely an expression of local opinion and does not inflation. He is perfectly correct in this ; and we are very glad to hear so eminent a democratic leader make the point. It would be a grave public calamity if either of the two political parties, now so evenly matched and roinous a policy as that of an inflaied nd irredeemable currency. Mr. Thurman is ists in both parties. General Butler and Judge Kelley are no better than Mr. Pendlo- ton and Mr. Voorhees, and it would vot be difficult to match name for name among re- publican and democratic inflationists. Nor can we blame Mr. Thurman for refus- ing to oppose his party in Ohio, or to help the republicans, as he puts it, because the plat- form violates what he believes to be a funda- mental principle in finance. He regards the Ohio campaign as a local one, and does not believe that the result there, or any declara- tion in the Ohio platform, can commit the national democratic party, and he sees that the inflation question is one which cannot be tettled by a State platform, because it is essentially and necessarily a national ques- tion. Local politicians commit grave errors when they aim to achieve a local success at the expense of a national victory. This has been frequently the case when in a representative city, suchas Philadelphia or Cincinnati, for instance, a bad ticket has been forced upon the State, or when a bad State ticket, as in Pennsylvania or Ohio, has been forced upon the whole country. A similar mistake is made when a local principle to which the nation objects is proclaimed by a State convention. Mr. Thurman unmistakably retuses to yield his principles upon finance to the platform of the Ohio democrats, and with equal firm- ness declines to consider that the right financial doctrine requires the de- feac of his party in a purely State election. He does not, therefore, in our opinion, abdicate the position or ehirk the duty of a statesman when he refuses to leave his party because in a local struggle it has gone wrong on a national question. But while we think thus we are equally cer- tain that for Senator Thurman to remain silent in the Ohio canvass, and thus to give his | assent to the platform, would be tatal to his emi- nent position asa democratic statesman ; and we rejoice, therefore, to read his declaration that he intends in his opening speech in the his disagreement with the financial provisions of the platform.” A statesman isa teacher of the people. To be worthy of the name he must have strong convictions; he must see clearly what is for the honor and the benefit of his country; he must have ‘the courage | of his opinions,” as the French say, and the | ability to make clear to the mass of the peo- | ple the reasons for the political course which he believes to be necessary and the best. In 1 free country like ours such a men natu- rally acts with one or the other of the great political parties, and be can hardly ex- | pect his party always to agree with | him upon every point of policy. He has sometimes to sacrifice, to wait, to protest; but if he values his place and influence as a leader of opinion he eannvt remain silent | when, upon a vitally important question, even a part of his party goes wrong. This Senatorc | Thurman sees, and accordingly he means to put on record his protest agaiust the inflation movement in Ohio. We hope to see Lim use the occasion to give his bearers and the dem- | ocrats of Ohio such a plain acd easily intel- | | ligible statement of the tallacics of the infla- | tionists and of the necessity fora reiorm ot | our currency as will make them seethis im- portant question correctly. If he does this he will do the coun.ry, as well as his party, a great service. He has it in his power to force | the posinon of the influtionists, to couateract at once the revil maclinations, and to pre- | pare the way for a declaration of correct prin- ciples in the National Democra‘ic Convention next year. Indeed, it woult! be a wise stroke of policy on the part of the democratic lead- ers if such wen as Governor Tilden, Senaior Bayard and other conspicuous representatives of sound financial principles should take part in the Ohio campaign and use the occasion to set forth sound doctrine there, and instruct the people in such a way as to prevent them irom | being misled by sallow theorists and deina- | gogues next year. Senator Thurman appears to attribute great importance toa democratic victory in Ohio this fall, in its bearings upon the elections next year. Wedo not entirely agree with him. Itis far more important to the demo | cratic party to be right than to win Ouio. | The country is looking more than for rhany | years past at the character of party leaders. | It will not trust men who, by discreet silence show themselves anxious only to succeed, What the democratic leaders need to secure \ people between now and then that they are men ot principle; that they can give the na- tion peace, a sound currency and honest gov- | ernment. The conduct of the democrats in | Ohio, so far, does not help to this end, anda | democratic grand remonstrance would ot be | ont of order in the course of the fall campaign, For this is an issue that sooner or later | must be met, Tho bonest peuple of tis | country, whatever their political sympathies or party relations, will not quietly submit to repudiation as o national priuciple. Inflation is only a linkin the chain of repudiation, Once we begin to tamper with the cur- rency or the national credit, once we ad- vance the theory that there is any other way of meeting our obligations but by paying them, and we are surely on the road irresimti- bly to financial ruin, Our currency is @ war measure. It belongs to the war, and has uo place in a healthy and peaceful financial system. ‘The honest men of both parties must deal with the Butlers and tie Pendletons, the Kelleys and the Gordons as enemes of the national honor. Mr. Thurman is wise to make his record clear at so early a day. Those who think with him should jose no time in following bis exampie. The democrats have been overthrown again aud again upon artificial issues, Secession defeated them, although some of the must loval meu in the Uuion were democrats, The _ Senator Thurman on the Ohio Situ- cerning the unfortunate inflation plank in the | commit the democratic party in the nation to | in the country, were committed to so falie | right, too, in saying that there are inflation- | canvass, on the last day of July, to ‘‘announce | or by playing fast and louse with principles, | | success in 1876 is to persuade the mass ot the | leaders of the movement against Tammany Were democrats as conspicuous xs Mr, O' Conor and Mr. Tilden, If this policy of inflation aud repudiation is allowed to grow without | | remoustrance, if democratic conventions are to be permitted to make it a part of their platforms, ag we see in Ohio, the result will Wimbledon. NEW YORK HERALD, TUESDAY, JULY 20, 1875—TRIPL& SHEET, Tammany frauds defeated them, although the Were weary years of waiting, the heart sick and futile measure that some of fio fvanciad We present to our readers to-day fac- | ‘om hope ever and ever deferred, the expedi- | eritics deem it, similes of the targeta made by the competitors | in the annual match between the members of the two branches of the British Parliament. | Among the various contests that yearly take place at Wimbledon none attracts greater at- tention than this one between the Lords and | be that the democrats will be suddenly | Commoners; notso much, perhaps, onaccount | crippled by new burden, Mr. | of the skill displayed as of the social | Tharman is wise beyond his time, | position of the contestants, The public ‘even in a selfishly political point of | jg pleased to see lawmakers | View, in making the declarations upon which | we now comment, And we repeat that noth- | ing would be more timely than for leaders as | eminent as Tilden and Bayard to go into Ohio | and unite with bim in destroying the issue now. Invite the Soutnern Oarsmen. Now that the college races are substantially over for the year we have a suggestion to make for next year. It is that the boating | men of the Northern universities and colleges un.te in a formal and cordial invitation to the Soutbern universities and colleges to join them in the regattas of next year. Boating Las-not been so much practised in the Southern colleges as in the Northern; | but we happen to know that at several there are rowing clubs, whose members would, we | do not doubt, gladly prepare themselves during the coming season to take part in next year's racing. Others would be encouraged by the invitation to begin, and it would be | easy by next July to collect, on Saratoga Lake or elsewhere, representative oarsmen from alraost every prominent university and college in the South and North. We make this suggestion not only in the interest of the oarsmen, but for the good of the whole country. The recent reunion of Southern with Northern men at Bunker Hill had a remarkable effect in the South, It per- suaded several millions of people in that part ot our country of what no one in the North doubted—that Southern men would be cor- dia ly received bere, and that there is a possi- bility of an era of good feeling. The Fourth ot July celebratious in Atlania, Augusta and elsewhere were the direct result of the recep- tion given by Boston to the South Carolinians, ‘Lhe Centennial celebration will bear fruit next year in a grand reunion of the American people. It would be no small addition to it to unite, on Saratoga Lake, the oarsmen of the Northern and Southern colleges, { The Sunday Murders. Sunday is a day of genera! release from re- straint. People are not only relieved from their ordinary occupations, but they are out of their ordinary moods; relaxed from their or- dinary need of discretion as to various indul- gences. Tuey tipple if they fancy that use of tLeir temporary freedom, or they get up dog figuts or horse races, or settle a grudge with a teliow down the street. Andif to the fact that it is Sauday is to be added the other fact that it is a Sunday in hot weatoer, the ten- dency to vagaries of action is multiplied by the square. For if a man tipples onany Sun- day Le wast tipple ten times over if heat and perspiration add thirst to bis other incentives, aud it Sunday and idleness furnish occasion jor all the queer dramas of human extrava- gance, tue hot Sunday that forces every one up out o! the alleys and cellars and down from the garrets into the streets increases the occasion proportionately. And there is thus, perhaps, very good reason why Sunday should also give its iull crop of offences, and why day before yesterday should have furnished so full and red a harvest. Although the parricide is a painful case, it is uot sv rewoved trom ordinary slaughter as to possess peculiar features. There is one nuieworthy pomt in it—the manly fellow | whose shot was 80 fatal evidently regards his own life as forieit, but esteems it- proper that he should have faced the peril of thus forfeit. | ing bis life in order to save the life of his | mother. With such a view of the case there | is, of course, no murder. But the negro slaughter is anew crime for this neighbor. houd. Considering the number of negroes we have among us they appear in our crim- inal records comparatively little. They are, taken altoge'her, as good citizens as we have— thrity, orderly, sober, amenable to the laws, with vices that mainly injure themselves; given Jess than any other of the lower classes to drunken orgies and bloodshed. But when they commit a murder there is a character- istic wildness in it. The cutting of Sun- day might have been done by a Thug or a Malay running amuck. In flight himself, aud pursued by the rabble that always gather on excitement, he turned at Jast with the fury of fear, stabbed wildly at whatever came within reach, and cut down two | strangers in no way implicated in his quarrel, ' and in this frantic crime of a hunted wretch | there 1s as little murder as in the other, and | Suncay’s doings will only add to the burden of our State Prisons at most, i Tue Haypzn Survey.—A picture of life in the far West comes to us to-day from the litue mining town in Antelope Park which bears the name of Lake City. These small villages in the West grow so rapidly that they are called cities to save the trouble of a change of name. Lake City js three months ol, bas | forty Louses, a° newspaper called the Silver | World, an assayer’s office, and, of course, a recorder—an indispensable officer in e mming is in the neighborhood. Five years hence, if our correspondent should again visit Lake City, he would no doubt have another story to teli of that beautiful region around San Cristoval Lake. Wur Nor an Intercontecite Ririe Marca ?—Boating evideutly does not entirely exusust the energies of our collegians. This year they had ioot races in addition. But they might and could do something better than this. Why not prepare for a grand iutercol- legiate rifle match, or a series of such matches, for next July? The success of the Amencan team in Ireland and Ex giand will give a fresh impetus to rifle practice in this country, It is excellent ow door work, andl sharpens all the senses. It is admirably fitted, therefore, for the youth who frequent our universities and colleges. three or four prominent colleges tuke the matter ip hand, and they w:1], with very little | will be read with regret by the whole civilized | ward @ general resumption of gpecie pay- | This lady has for thirty years repre- | ments. The experiment can be of little value | sented one of the most beautiful ideas—that of H except in its bearing on that ultimate-and ea frow the universities of Virginia, North | wifely devotion to the memory of a husband, | larger result. Its expediency must be jadged ia and Louisiana, The sport | It is now thirty years since Sir John Franklin | by its probable effect us a measure loaking to the redemption of the legal tender notes in trouble, get up a dozen college teams by next July. And they should not forzet to invite Curolina, Gec would attract more attention and excite greater interest than even the boatings | country. The scene of the Packer massacre | Let a committee of men irom | grave throw aside the pomp and circumstance of office and descend into the arena where the representatives of the masses struggle to gain the honors that are showered upon suc- cess‘ul marksmanship. Wimbledon has grad- ually grown to be of national importance, and the Briton, like the ancient Greek, what- ever may be his position in lite, desires to win a spray of laurel in those trials of skill that are to the moderns what the Olympio games were to the ancients, It is to this feeling that we owe the rivalry in marksmanship between the House of Lords, with its blue-blooded and exclusive aris- tocracy, and the ardent, aggressive House of Commons, with” its keen rivalry ond deep-seated jealousy of the Upper House, As in the struggle for | political power the democratic Commons have constantly defeated their aristocratic competi- tors, so in the struggle for the honors of marks- manship have they left the members of the Upper House tar behind, Yesterday victory | settled on the standard of the Commoners for the eighth time, and the pros- pect of the Lord Chancellor gaining pos- session of the coveted cup seems as distant as ever. It must. be confessed that the shooting was not remarkably good on either side. The Commoners did fairly, but the aristocrats made very poor show. Indeed an ordinary team from a New York volunteer regiment would be ashamed of the score made yesterday by the noble lords of England, and even the sec- ond class marksmen of Creedmoor would laugh at the record made by so august a body as the Lords’ team. Only a few centuries ago earls and lords were mighty men, and afew dozen of them clad in their coats of mail could defy and put to rout a thousand of the commonalty, but that day has passed and the commoner is now the lord of creation, The quick intellect and the steady nerve are found chiefly among the people, who year by year surge over the barriers erected by ages of ignorance, superstition and despotism to that tulness of power which God destined man in his collec- tive capacity to exercise. In these peaceful contests of the eye and nerve, as in the higher struggles in the field of intellectual thought, the same lesson is being taught everywhere to humanity, ‘‘that rank is but the guinea stamp,’ aud that it is manhood which must triumph in the end. In the midst even of this na- tional holiday at Wimbledon we catch glimpses of the class distinctions and castes that still divide the Brit- ish people. They affect us strangely as remains of a dead past, something tnat was in our life, but has happily disappeared— | and forever. We cannot but feel thankful that we Americans can go to a rifle match without being made to feel that we are after all only an inferior sort of creatures whose existence is tolerated because we are useful to the superior beings who by some accident of nature were born with coronets and coats of arms, men who eat and drink as we do and die as we do, but who by some necromancy are. of another caste and rank in humanity, whose blood is not red like the healihy blood of those who make the earth fruitful with their sweat and tears, and without whose strong bands this fair world would be a_ desert, The lesson taught by the triumphs of the English Commoners is emphasized by the splendid achievements of our own rifle- men. They went forth as the representatives of a land where there are none novle save by | purity of life or by grandeur of usetul work | achieved, and they have nobly upheld the | standard of humanity in the contest with | privilege and birth. The splendid work accomplished by our riflemen in Ireland and in England entitles them to some solid testimony of the nation’s | esteem and gratitude. The victories they | have won are the result of much hard work and of many personal sacrifices, and 1t is only just that we who have shared in the honors reaped by their skill and indastry should con- tribute something to indemnify our riflemen for the many sacrifices they huve been com- pelled to make. It has been suggested by gentlemen prominent in shooting matters that | agrand reception should be tendered to the | members of the team on their return, and that this honor should be supplemented by the presentation to each member of the team of @ valuable trophy in recognition of the ser- vices rendered to the country, We do not @Goubt that this suggestion will recommend itself to the country and be promptly acted on in the generous spirit so characteristic of our countrymen. In view of the work done there ought to be no hesitation, no delay, in creating a fund that would represent tne gratitude of the American people for the victories won by our representative riflemen agamst heavy odds; victories more complete and glorious than had even been hoped for by their most enthusiastic triends. Hype Pank is never more brilliant than in midsummer, when the fashion of London makes it the resort of fashionable display. Our London letter gives an entertaining | description of the scenes which make a July morning dazzle with beauty and aristocracy. the horses have sometimes purer blood than the lords that is only because there is more care taken in breeding equine animals than in maintaining the high standard of the ' British nobles. Indeed, a horse in England is sometimes considered more important than a man. ,Hamlet was sent to England becauso be was mad, and, as the clown said, his mad- | ness made no great matter, for it would no | be seen in him there, for ‘there the men are as mad as he.” world. | set out on his fatal errand to the Arctic seas. | tor information, tions that were sent in search of him, the abundant expenditure of money and effort, until in time the sad story was known, and we learned that the gallant commander had fallen soother victim to the cause of Arctic discovery. This cause, in which the husband lost bis life, remained ever dear to the heart of the wife. She lived to see the Paudora go out on its errand, and to give it her blessing almost with her dying words. Lady Franklin lived to an honored old age, and her name will live among the noblest in history. The Aldermanie Cabal and the “cy Ordinances, Ifthe Aldermen who are factiously defeat- ing necessary city ordinances are gaining credit as usetul partisans they certainly are not) improving their reputations as good citizens and honest officials, The necessity of im- proving the supply and the distribution of water in the city does not rest upon the state- ment of the department under which the work is to be done. The dangerous deficiency in the supply has been pointed out by the Chief Engineer of the Fire Department—a department under republican coutrol—who bas long since drawn the attention of the Commission under which he serves to the inadequacy of the means at the command of the Fire Brigude to check a conflagration in certain exposed localities. The laie Commis- sioner of Public Works, a republican poli- tician, urged upon the attention of the Com- mon Council and the State Logislature time and- again the importance of en- larging the present mains and of taking measures to insure » sufficient water supply. The last Legislature, politically divided between the two parties, and the Gov- ernor, who is not supposed to be in warm sympathy with the Department of Publio Works, united in considering the subject one of immediate importance. In defeating the ordinance necessary to enable the Department of Public Works to do the work demanded for the protection of the city the Aldermen place themselves in opposition to the judg- ment ot tue Chie! Engineer of the Fire Depart- ment, of ex-Commissioner Van Nort, of En- gineer Tracy, of the Siate Leyislature and of Governor Tilden, In like manner, the abominable nuisance of the Harlem flats does not rest on the opinion of Mayor Wickham and Commissioner Fitz John Porter. The police surgeons, who were entrapped into a prepared statement denying the existence of the nuisance, have repudiated the ialsehood and pronouuced the plague spot a deadly peril to the health and lives of our citizens. The Health Board has presented the district officially as dangerous to the public health, The residents in the neighborhood appeal to the city for protection and relief. ‘The con- tractors who, with the aid of Disvecker's dumpers, have created this hotbed of pesti- lence in the heart of the city in violation of their coniracts, have acknowledged the law- Jessness of their course by making in:fficient efforts to cover up their work. In defeating the ordinances unecessary to secure the imme- diate and effectual abatement of this danger- ous nuisance the Aldermanic cabal defies the warning of the department, created for tne protection of the public health, disreyards the opinions of competent medical authorities and places itself in direct opposition to pub- lio sentiment. ‘The Aldermen who have thus banded them- selves together to obstruct the public business can have but one reason for their conduct. The Public Works Department is in demo- eratic hands. Li the ordinances for improv- ing the water supply and abating the danger- ous nuisance of the Hurlem flats should be suffered to pass, oemocratic laborers would | be employed to do the work and wouid be satisfied with the present municipal adminis- tration. It these laborers can be kept unem- ployed until election time they wili be dis- satisfied with the present city government and may turn against the Tammany ticket, The excuses given by some of the Aldermen tor their action only prove by tueir shaligwness the correctness of this explanation, Alder- man Morris declares that he only waits and when the informa- tion is tendered decliues to receive it. Alderman Vance will not vote to abate the Harlem flats nuisance because in driving | through the infected district his avsensitive nose can discover uo objectionable odors. Alderman Siwonson excuses his vote on the | ground that ths flats bave existed for a num- ber of years and bave not heretofore been | considered dangerous, ignoring the fact that D.sbecker and his gurbaye ure modera ac- cessions. Some of the Aldermen assert that they are opposed to city work being done by | day’s labor; although when a republigin was at the head of the Depuriment of Public Works they had no such scruples. Indeed, as President of the Board of Aldermen and as accidental Mayor, Mr. Vance was the uvowed enemy of Comptroller Green for his “obstructive” battle against Commissioner Van Nort and his daily libor system. We have, therefore, the spectacle beiore us of an Aidermanic cabal obstructing public business And risking the safety of the city and the health of the citizens in the fear that a few democratic laborers trom Mullingar and Tip- perary mvy find work at the city’s expense. | The ‘‘ninority representation’ system is thus | brought into contempt. With one or two ac- cidental elections by the people the minority | jegislated into office becomes a power, not | conservative, but destructive; not useful in | | holding a check on the majority, but revolu- | tionary in blocking the whecls of govern- | ment and nullifying the will of the pecple.- The Coin in the 1 tion. ecasury—Resuamp- Some of our contemporarics have too hastily belittled the policy of the Treasury to redeem | the fractional currency in silver coin. There | is, indeed, au aspect in which it can be made 4 ridiculous enough ; but ridicule 1s no test of | gions to their government, Just now truth, and is often founded on narrow views. | Lf the fractional currency can be replaced with | silver coin and the silver kept in circulation | | ‘Tex News or tax Deatu or Lavy Franeum | an important step will have been taken to- | | Let us consider what the substiiat‘on of sil- vee coins for the fractional curreacy, implies, It is computed, with » degree of m curacy sufficient for our present argument, a‘bat at the present pricy of silver bullion silver. coins could be kept in cireulation when the pris °¢ of gold does not exceed 111; that is to 1597, there would be no profit in melting down the coins and selling the silver it the promin m on gold could be-kept at or below clevem px ‘F cect, Assuming this culculation to be eos = rect, it is easy to see the beneficial effect a f the reintroduction of s'lver tor small chan We are, of course, arguing on the suppositiom that the government will not be so foolish or shortsighted as to undertake this expediment without seeing its way clear to keep the silver coin‘in permanent cireulition. But if a small! currency of silver can be maintained, it is evi-- dent that it would be a guarantes that the price of gold could not afterward go tom higher point than 111, It would as-uredly: be a great guin if such guarautee: could be established. It would promote stability in the value of the currency and partially restore the confidence of the busi- ness community if the country could have a» satisfactory assarance that » secure barrier was erected against the premium ou gold ever exceeding eleven percent. It would be ausurd to say that the government cannot erect and maintain such a barrier, tor if there be a possibility of restoring the currency to par it must be av easier task to bring it within ten or eleven per cent of par. If the administration stakes its reputation on the success of its experiment of substituting sil- ver coins for fractional currency it will em- ploy ali the means which the statutes pers mit to keep down the price of gold per- manently tothe limit wilbin which silver caa circulate. It will be sometning to erecta financial dike and say to the ever-threatening tide of inflation, ‘Hitherto shalt thou come, but no further, and here shull thy “waves be stayed.” The administration cannot be insensible that it will make itself a laughing stock if it atteropts the projected silver experiment and fails to maintain it, and its success depends on so managing the fiscal operations oi the government as to keep down the price of gold to the point at which silvercan be kept in circulation, The re- demption of the tractional currency would, therefore, be a p'edge that gold shall be brought down to at least 111, and be kept at or below that figure. When the pride ot the administration bas been committed to such a result it will have every motive to guard agninst failure, and a more efficient apptica- tion of the same means might keep the price of gold within any other assigned limit. The interesting interview with Secretary Bristow which we published yesterday sheds light on ths preparations he is sterdily muking for silver resumption, In the monthly statements of tie Secretary of the ‘Treasury the cvin in possession of the govern- ment is lumped together without telling what proportion ot it is silverand what pro- portion gold. Mr. Br.stow informed cur cor- respondent that he has twenty millions of silver, of which fourteen millions bave been already coined and six millions are yet in the fortn of bullion, awaiting trans'ormation at the Mint. With so large an amount ot silver ou band Mr. Bristow need feel no anxiety lest ‘he should be unable to accumulate a suffiuent supply. But it would be idle tor him to at tempt to use it for redeeming the fractional currency 89 long as gold stauds at the present rates. The dflicuit part of his task does not consist in acqu.rivg ‘he necessary silver, bat in reducing the premiur on gold to the point at which silver can securely circulate. We wish he would iutorm the public how he pro- poses to deal with this part of the problem, Unless he sees his way to reduce the premium on gold toelevep per cent and prevent its rising again above that point the stock of silver he has accumulated cannot be employed without bringiug the ‘Treusury Department into derision. PERSONAL INTELLIGENCE, State Senator S. S. Lowary, of Utica, is sojourn- ing at the St. Nicholas Hotel. James A, Bayard, of Velaware, ts residing tems porarily av tue New York Hotel. Dr. Joun . Janeway. United States Army, ts quartered at the Scurrevan' House, i Governor Marcellus L. S:earns, of Florida, is. staying dt thé Gran! Ceatra: Llotet. Protessor U. .. Marah, 0: Yule College, bas taken Up a1y resideuce at the Hoffinan House, Mayor Stuciey, Of Puii.delphia, aud party are at Long Branch, and staying at the Ocean House, Attorney Geveral N. J. Hamwoud, of Georgia, is. amoug the late arcivals at tue ot. Nicuolas Hotel. Mr. Edward P. Smith, Commissioner of Indium Afairs, arcived last eveniug ac tue Pith Avenue Horel. Ligatenant Colonel! W. lL. D. Meares, of the Twentietn reciment, British Army, is registered at the Wiudsor Hotel. Professor Barourd, of Columbia College, has. been appointed Cuairman of tue Experimental Steam Boller Commission, “Queen Mary’ does not sell in London—from, Whica it may o¢ Judged (hat taere is some inde- Pendent judgment in tue wortd, Mr. Fortuné eve, of No. 232 Fi'tn avenue, haa been appoluted welziin Commissioner to the Poiladeiphia Centenutal Exuibijion, Figaro’s cynic Ovserves that “all old men are not wise; for to be Wise it is not suMcieut t» have been a tvol a littie longer than other men.” Congressmen Cuarnes J. Faulkner, of West Vira gina, and Benjamin W. Harris, of Massachusetts, have rrmeuts atthe Fuih Avenue Hotel. Secretary of War Heikuap. General Marcy and Goneral Witiam Myors arrived at Salt Lake Cy last even ng on their Way Lo tue Yellowstone and Upper Missouri. ‘ . Politics In caiamity!—A monaronist Journal tm France sa) that “tue only Walis in Toulouse that, resisted tne flood were tuose cunsiructed under’ tue vid monarchy.” The French oMotal Journal announces the foie owing sudscriptions for the reel of the inne date: Liimpératrice Bugéate, 4,000i.; Le cud jg | Nupoteon (Eus.-Lodss), 6 0v0F, Culonel Valaniue Baker Wanted Ms case pe. moved (rom the Surrey assizes, where 15 wili’ coma on next month, to the Queeg’s Benon, ww vere tt might come vn next Year; Lub Baron PY go re. fused hime this siigat iavor, | Frenco journals sometimes put aWky garg qutes- j they wans , to know why the government pu gnog photog. | rapners who pretend to 66 tHe spirits of dew pusted persons, bat does LF ' inisn the Mary Aiacoques Who pretend (0 8e7 (he Virgin Mary | and persons oi that sort. Roch, tne Parks exe ution® | was anxions to see the iwundations, and for anateiy there was man ut Toulouse 0 4 Fafiiotined. But just as Roca Was abeut tO lOyve iy was determined to commute the senteuce, Pwappointment o1 Roch. Next day the MUY ser cried to Kill bis Keeper, ‘Then it was dotery,jued to fafice the penalty, and For many years his fate waaa mvstary. ‘Chere | gold, Ia this view it ig hy no meaua the trivial | Koon will #00 tH’ iwundations alter alb