Democratic Sentinel, Volume 1, Number 52, Rensselaer, Jasper County, 8 February 1878 — Page 1

ghf gjemocriitu[ fentin tl A DEMOCRATIC VBWSPAPBB PUBLISHED EVERT FRIDAY, TAMES W. McEWEN. ’ TERMS OF SUBSCRIPTION. &ne copy one year ...tyI.SU Ono copy eix month*.l.M One copy three month* • **<••••• •• JM XW Advertising rate* on agpfttation.

NEWS SUMMARY

THE WAR IM TH» t RAST. A London says: “Itere is tittle news from the Russian *nniea, and none from the armistice negotiations. No advance in force is being madeAowards Constantinople dr Gallipoli, bat every preparation has been made at Adrianople by the Russians for au overwhelming movement forward in case the negotiations fail. The Roumanians have stormed an important position commanding Widdio. In the Eugtysty Mouse of Gommon*| last flight the Chance-mfr of tfte EttheqdcM after stating that the Government would x#quiro £«,006,000 for MMi case rthApMeat peaba’ ndgotfttWons shouty fall, gave a statement of Russia's conditions as communicated by the Russian Ambassador. In asking the British House of Commons for a grant of money, the Chancellor of the Exexplained in detail the events which, n the opinion of the Ministers, justified the ordering of the fleet to the Dardanelles and 'the demand for a Parliamentary vote. Efforts had bbcn made to obtain from the Czar some specific definition of Ms purposes, but the only assurance he would give was that he would not attempt to occupy Constantinople permanently. As to Gallipoli, England was assured that Russia would not attempt to occupy the peninsula unless the Turkish army retreated to that point. In that •event, the Russian commanders would be bound to fight the enemy at Gallipoli or wherever else he might be found. Finding these declarations unsatisfactory, the fleet was ordered to the Sea of Marmora; but next day a dispatch from the English Minister at Constantinople gave what he believed to be the terms offered by Russia, including the proposition to refer the question of the straits, to a conference, whereupon Disraeli recalled the fleet. A cable dispatch from the Turkish capital says “there is appalling misery from the Bosphorus to the Gulf of Salonica. The whole coast is crowded with terrified Mohammedans seeking transportation across the •straits. Hundreds are perishing from cold, 'hunger and exhaustion, and no succor is possible until the panic and confusion in the capital has abated.”

An Adrianople dispatch of the Ist inst. says : “The Russian Grand Duke Nicholas arrived on the 26th by railway from Hermanli and took up his quarters in the Governor’s palace. The Russian vanguard has occupied Btyboski, Haskioi, Dematico and Kirk-Kilissa. The Czarowitoh’s army has crossed the Lom tyk force. The Turks are everywhere retreating upon the fortresses of the Quadrilateral, Ten thousand Russians are advancing on Radosts and Keshan.” An anti-war meeting in London was broken up and dispersed by a mob, which took possession of the hall, cheered the Government and sang patriotic songs. The war situation on the 4th inst., as gleaned from the cable dispatches of that date, was about as follows: Russia had granted an armistice, and the jruliminary conditions of peace ha 1 been signed by the representatives of the belligerent powers; the lines of demarcation had been fixed, the Russians provisionally to occupy Erzeroum and Silistria ; Russia had accepted Austria’s proposal for a.CQ»feronco for settling tlio questions rosn’ting from the war; there were rumors of an alliance between England, France, Austiii and Italy for the purpose of opposing Russian aggrandizement, Gambetta, the French statesman, giving color to these rumors by publicly declaring that the Russian conditions were a flagrant violation of the treaty of 1856, and intimating that a peace based upon those conditions will not bo tolerated by the French nation. Following is the exact text of the peace protocol signed by Russia and Turkey at Adrianople : 1. The erection of Bulgaria into a principality. 2. A war indemnity, or territory in compensation. 3. The independence of Roumania, Servia, and Montenegro, with au increase of territory for each. 4. Reforms in Bosnia and Herzegovina. 5. Au ulterior understanding between the Hultau and the Czar regarding the Dardanelles. 6. The evacuation of the DAnubian fortMgM ~ • J The RtisWan’killed’ and woundtyd np to Jan. 30 were nearly 000 men.

GENERAL FOREIGN NEWS.

A Provisional Government has been established by the insurgents in Thessaly, and the Greek Ministers are debating the question of extending material aid t|, ttre rebete. Italy is reported to *pt> ready to join England and Aiistrfa'ffrbjipoßing the aggrandizement of Russia. Greece has concluded to strike for freedom from Ottoman subjection, and orders have been given by the Hellenic Government for the occupation of Thessaly, Epirus and Macedonia by au army of 12,000 men. George Cruikshank, the celebrated English caricaturist, is dead. He was 86 years old. DOMESTIC UffTELDIGEJWCK Bust. Benjamin E. Bates, late Treasurer of the Lewiston (Mo.) mil Is, it is found upon examination of his books, diverted to his own use $200,000, borrowed for the corporation, giving his obligations therefor. The building occupied by the extensive war ehouse of H. J\ & W. P. Smith, Chesnut street, Philadelphia, and several other commission merchants, has been burned. Total loss upward of $500,000. A fire in Medford street, Boston, destroyed $200,000 worth of property. One hundred'and twenty-pipe failures were reported in New York city during January, the largest number of any' one Months since the. panic of 1873. The liabilities amount to $7,000,000. The gale that swept along the North Atlantic coast on the night of the Ist inst. exceeded in violence anything of the k|id experienced on: that coast for many with serious loss of life'and property. There was wreck and ruin i tithe irack of thy gale 10l hundreds of miles along the shore. Vessels were beached, houses demolished, telegraph poles prostrated, and houses, bridges, and railroad tracks swept away by the heavy sea. A schooner was drive® ashore W Pljuuisland, and all on bpard lo«t. ifeee to a disabled brig were drowned in dheasapeakwbay while attempting to reach the shore in a small boat. On Coney Island, N. X., sex? oral houses were swept away by the angry waves, and two women and five children wery drowned. Numerous disasters at other points are reported. The wind at times assumed the velocity of a tropical hurricane, and was accompanied by a furious fall of snow, which in some places reached a depth of two feet on the level. West. At Denver, Col., greenbacks are now held at a premium for gold. The merchants of Chicago are beginning to pay out gold as change for greenbacks. Maj. Walsh, of the Canadian mounted police, contradicts the report that our old friend Sit iug Bull has left dominions and returned to American soil,

The Democratic sentinel.

JAS W. McEWEN, Editor.

VOLUME 1.

A bill has been introduced in the Ohio Legislature to repeal the Compulsory Education law adopted two years ago. Miss Alvina McKee, who a short time ago shot Constable MeEUigott, in Chicago, while that official was in the act of seizing her homehold goods on a distress warrant, has.been acquitted by a jury after less than an hour’s deliberation. It was proved on the trial that the warrant was illegal inform, and that the constable obtained access to the premises of Miss McKee on fraudulent representations. The case excited great interest in Chicago, and popular sympathy was greatly in favor of the accused. Advices from the West report that Gen. Miles, with a a considerable force, has set out from the new post on Tongue river to look after the hostile' Sioux. JHoutli. It is reported from Austin, Texas, that in the extreme western part <?f Tsw the Indians are pillaging the stock ranches and running the booty into Mexico, where jt is openly sold. la the Coplate mountains a party of Texans Were recently surrounded by savages, and of them killed and many wounded. Three members of the Louisiana Returning Board—Anderson, Casanave and Kenner —were arraigned in the Superior Court of New Orleans on the 29th ult. Counsel for T. C. Anderson filed a motion for a change of venue, alleging he could not have a fair trial in this parish. After argument Judge Whitaker stated that the jury had been drawn in the most impartial manner, and was composed of conscientious, honest men, and of unimpeachable character. The court had said it would not be trifled with, and, considering the motion for a change of venue an attempt at delay, denies the same. The defense took a bill of exceptions. The Attorney General renewed the motion for a severance in the trial of accused* He said the State had wished to try the case versus Wells first, but, as he had not appeared, he would move to call the case of Thomas C. Anderson. The court granted the motion of severance, and the case of the State vs. Thomas C. Anderson was then considered, fixed for trial, witnesses were called, and the impaneling of the jury proceeded with. A stage between Fort Worth and Weatherford, Tewae, was halted by two masked men, two miles frorg the latter ptyce, and the passengens Zve tyi number, made to hand over their valuables, about S4OO in currency and three gold Watches. J. Madison Wells, of the Louisiana Returning Board, was arrested last week at Rigor's Station, 09 the New Orleans and Mobile raiload.

WASHINGTON NOTES.

Washington telegram : “There are rumors that Secretary Sherman is not pleased with the acts of Attorney General Devens with respect to the Louisiana Returning Board, and thinks (hat the administration should not abandon Wells and Anderson in their extremity. It is understood that the position taken by the Attorney General is fully indorsed by the President.”

The Congressional Silver and Greenback Association, organized for the purpose of securing the remonetization of silver and repeal of the Resumption act, held another meeting last week. Resolutions were adopted Instructing the Finance Committee to solicit subacrijitions to defray the expenses of printing and distributing documents, authorizing the Executive Committee to correspond with Senators and invite an independent organization of that body, with an Executive Committee, in conjunction with that of the House Association. The Executive Committee was also instructed to investigate and report concerning the old law which authorizes the Secretary of the Treasury to appear before the House of Representatives in person and answer inquiries, etc. This report is to be made with a view of determining the advisability of calling the Secretary of the Treasury before the House on the silver question in the event of the Executive being arrayed against the views of the majority on 'MlVer resumption. It is reported with positiveness, from Washington, that “information in due form has been lodged jjritty the legal authorities of New Orleans charging. Secrotyr/Blierman and several otMr prominent Republicans who visited Louisiana to witness the count with attempting to influence the Returning Board and control their county and with participating in the general work of preparing affidavits, or inducing others so do sb, to establish intimidatmji, and with procuring false evidence. It is claimed that the understanding in New Orleans among those directing operations against the Returrflng Board is that Secretary Sherman and others there wjthhini will, bg indicted for presenttrial.” '(J j 'j. Secretary Sherman is satisfied that the ver bill will command a clear two-thirds majority in both branches of Congress, and that there is no doubt of ito-tyecoming a law,, Mr. Sherman is reported fe have expressed the opinion that “the liaelihood of the passage of tire Silver bill was not understood in New York. He was not surprised at the course of the gold market. The remonetization nf silver, hei claims, would not affect gold or greenbacks at once. All the silver that could coined for several months would be used for the payment of duties, and the people generally would not see, much of it for some time after -the passage of the bill. As the supply of silver increases, gold will wholly disappear and greenbacks gradually depreciate. The Secretary thinks the silver advocates generally will be disappointed with the Immediate effect of the remonetization of silver, and that the ultimate effect will be to strengthen the paper inflationof trade dollars. ‘

Francis Murphy, the famous temperance advocate and reformer, has begun a four weeks’ campaign against intemperance at Washington. Ihe Secretary of-,ttye Treaty, tw riiWresolution of the House, tyi iSnt a <xmiimmicatflMßtfl yhvwiuM Aie amount <■ intereKgiiwdßfoKn an* currency to national ||riks onlfoAl Aft by fta Ttyeafurer for the security tymu the redemption ot the currency issues of laid banks from 1863 to Jan. 1, 1870. A recapitulation shows the ccin interest so paid setak2BP,27l; cjnxency interest, $8,559,285; Tue passage by the House of Mr. Baker’s anti-subsidy resolution, it is claimed, ends all hop# which may have existed of the riightost te TomttoW. T.x u Tadiojro. The Gomptrolter of the Ourreney reports the amount of additional circulation issued during the month of January, $1,041,000; total amount issued since the passage of the act. July 14, 1875, $41,111,970. The total amount of legaltouder notes retired to date under the act of Jan. 14, 1875, is $32,829,576 ; amount retired the present month, $833,352, leaving ttye amount of legal-tender notes outstanding Feb. 1, $349,110,424. Amount of national-bank notes outstanding Feb. 1, $320,629,690, together with $1,432,120 national gold bank notes. The House Committee on Public Lands has agreed to the bill egteoding the time for oom-

RENSSELAER. JASPER UjUW,' INDIANA, FRIDAY, FEBRUARY 8, 1878.

pleftm at the Northern Pacifi? testes years, anti protecting the rights of BTOIctS?* ** The Third Assistant Postmaster General has telegraphed and written to the Postmaster at New York as follows : “ Trade dollars not being a legal them. A joint resolution of Congress, approved July 22, 1876, is the authority upon which the above section qjL the raiowing explicit p-ofietoq: *Tlje trijdo dell# shall i#t hereafter Be# Bgfl tMftr.’W VJ The kite el c*tflc** d|o*>sedßo be issr£l in A fiflfflr tflle r AHkel for sill dues of the Government, including customs duties. ■ Accordingjo.a statement of the Chief of the Bureau of Btt.ttttic^the iif!tMrdH^Merchandise exported from the United States during the calendar ye#|p77wg $620|)00,000; wlwk House Pacific Railroad Committee hive agreed to report in favor of an extension of the time to the Northern Pacific Railroad Company, on condition that the lands shall remain open to settlement until earned, and shall be subject to taxation after being earned as fast as sold, or consented to be sold. In case of default, the lands granted are to revert to the Government. Ten y jars’ extension is granted on the main line. The public debt statement for Feb. lisas follotrs: -ZXaJOJ C Six per cent, bonds $748,667,100 Five per cent, bonds 703,266,650 Four and half per cent, bonds 200,000,000 Four per cent, bonds 75,000,000 Total coin bonds Legal tenders 349.113.921 Certificates of deposit 31,115.000 Fractional currency. 17,471,919 Coin certificates 42,783,800 Total without interests 440,494,641 Total debt .42,193,028,011 Total interest 22.427,834 Cash in treasury—coin ;. 4 126,8825989 Cash in treasury—currency..Si ’ 3,170,400 Currency held for redemption of fractional currency 1,000,000 Special deposits held for redemption of certificates of deposit 31,115,000 Total in treasurys 171,168,479 Debt less cash in treasurys 2,044,287,366 Decrease of debt during January.... 1,668,076 Decrease since June 30,1877 15,870,857 Bonds issued to Pacific Railroad Companies, interest payable in lawful money; principal outstanding 64,623.512 Interest accrued and not yet paid 353,117 Interest paid by United States 37,896,334 Interest repaid by transportation of mails, etc 9,006,862 Balance of interest paid by the United States 26,889,472 Another mysterious treasury theft-, is reported. A package df 61,800 was taken from i a safe in the Redemption Bureau, and no one has an idea where it went or by whom it was taken. POLITICAL POINTS. Maj. E. A. Burke, of Louisiana, having stated, in an interview with a correspondent of the Chicago Tribune, that Senator Conkling had a speech ready last winter opposing the counting of the vote of Louisiana for Hayes, the New York Senator authorizes the statement that such charge is absolutely false. The publication in the Chicago Tri'.yune of an interview had by its New Orleans correspondent with Maj. E. A. Burke, of that city, has attracted wide-spread attention, and reopened the discussion of the old controversy touching the electoral count. Maj. Burke it ,was who acted as the representative of the Nicholls Government in Washington during that controversy, and has all along been helfevpd to be the custodian of all the secrets there were at the time. Ono of Maj. Burke's statemenfsis to the effect that the Louisiana and many other Southern Democrats were opposed originally to the scheme for an Electoral Commission, but they w#e urjfed by Mr. Tilden’s representatives lo “work up a public'sentiment in favor of the Electoral bill,” whiph Mr. Tilden-sub-sequehtly said*“he had always disapproved.” The Southern Democrats, he says, were per suadbd in the first instance to acquiesce in this electoral scheme because the Tilden managers were convinced it was in the interest of their candidate; when it afterward became a question whether or not the Democrats in Congress should consent to a confirmation of the electoral deeitjbn, tho a caucusresolved to acquiesce, without consulting the interests of Louisiana or South Carolina, and left the representatives of these two States to do what they could in a personal way for the Nicholls and Hampton Governments. Relative to Mr. Wiliam E. Chandler’s charge of conspiracy, Burke says that Mr, Hayes was hot personally fepreUßbted in any oonsußations that wore held; and no agrettnontr frss signed by Bhtnfey Mathews, Charles Foster, “or any other man,” in behalf of Mr. Hayes.* Maj. Burke also declares that the Republicans who were present at these consultations never said or did anything of which they can be ashamed. In ML* W .-qwtfon listed the personal representatives of Mr. Tilden with the object of’ defeating Sir. Hayes, Maj, Burke stated that the New York Senator had at one time prepared a speech maintaining that the Louisiana vote should be thrown out, and thus become Acting President of the United States, pending a new election to be called; that Tilden’s friends were satisijed with this arrangement,., as they were confident they could secure Tilden’s nomination and election, while Conkling' thought that, with the control of the patronage, he could get the of Hayes, andmeantime be President for a year at least; that it was not Mr. Conkling that receded from this programme, bi|t the scheme was defeated no election, Mr. Morton would be chosen as Prefefcnt of the Senate and ad-interim of y|hf states, because he was a man who could be trusted to secure a fair election in the Southern States ;*£nd that the dread of Morton, and the apprehension that the of the South would thus managers^who preferredto trust to the chances of an Electoral Commission. ' Thii is Burke's r” S The President gave one of the regular state dinners at the White House last week, and among the prominent guests was Judge Clifford, o< the Supreme Court, this being his first appearance at the Executive Mansum during the present administration. It has been stated heretofore that Justice Clifford was the only member of the Supreme bench who had not recognized Mr. Hayes;- either formally or socially, since he became President, but he evidently does not intend to ignore the President any longer. The Washington Post publishes an interview with Charles Foster, of Ohio, on the subject of the alleged bargaining which preceded the final

“A Firm Adherence to Correct Principles.”

telaraflfoj^^p*&M<D•a^ its made* are these: The ence was not called to make a .Bargain, conferees Mte of LonisiaaMtyM<|uy Wat; tersoD, Jqgtshetopy dfanley aiwbody. He got Uutepbv accident The toner from Ares ter had b. <-n received long before. That letter simply favored withdraw mg the. JrooiItec’fce Booth. It made no conttog»B<promises. read a paper aHlMW®titeTence. It was TfidfeOntoftt pledgtagthe Nicholls .Government, if it were sustained, to protect |the Republicans of Louisiana, and to insure them peace and happiness in that State. It itfas not an agreement. There was no bargain. The paper simply set forth what Nicholls was willing to do, and was not signed by anybody.

evening of the 81st ult. the steamship Metropolis, from Philadelphia to Para, Brazil, went ashore on Currituck beach, three miles south of the lighthouse, during the prevalence of a furious southeast gale. Great confusion prevailed on board, and owing to the fury of the gale and the roaring of the surf the orders of the officers could not be heard. Many of the passengers and crew were washed ashore. About 100 are believed to be lost. It appears that the vessel had encountered heavy gales from the southeast for twenty-four hours, and when she struck she was heading about south-southeast. The Metropolifi had on board 200 railroad laborers bound for Brazil, nearly half of whom found a watery grave. William Wieners was hanged at St. Louis on Friday, the Ist inst., for the murder,' in January last, of A. V. Lawrence, a barkeeper in a low theater. A tremendous effort was made to save the condemned man from the gallows, but the Governor of Missouri was inexorable. On the same day Joseph Woods son or#l was dpaiS T® crimes f# wnfcSt' tins* atrocious nature.

Business embarrassments : Althof, Bergman & Co., toy importers, New York, liabilities $150,000; the Topeka Bank and Savings Institute, Topeka, Kan., deposits $140,000, nominal assets $290,000.; Eli Parsons, hats and clothing. Toledo, Ohio; Cooley, Palmer A Co T': tPg'-foodqrtjotybfew, Diibaque, Iowa; 1 Fort Bcotf, Kan.; First National Bank, Kansas City, Mo.; the Commercial National Bank, Kansas City, Mo.; James Watson, coal dealer, Pittsburgh, Pa., liabilities $100,000; George Park, manufacturer of edged tools, Buffalo, N. Y., liabilities $60,000, assets $11,000; Peoria Fnmiture Company, Peoria, Ill.; liabilities $22,000; Young, Smith A Co<, §ui[ar importers, New Yprk, liabilities (k)0; Howard, Snelling A Cd., ooal dealers, Boston, liabilities $130,000; the Casement Savings Bank, Union City, Pa.’, liabilities $40,000 ; Jaxnes IJ, B|tchelderj lumber dealer, Middlebury, Vt, liabilities $60,000, assets $25,000 ; Henry McCulloch, stock dealer, Wells county, Ind,, Abilities 1100,000; Donovan, Williams Shannon r ,boots and/shoes Montreal, Ji*bilities china and- glassware, St LoUfe ; the Proviidence County Savings Bank, Pawtucket, R. I. The members of the Louisiana Returning Board appealed to Judge Bradley, of the United States Supreme Court, to issue a writ of certior«ri ordering a transfer of the cases from the State to the United. States Court. Judge Bradley, in a decision length, refused tha applioanets forth that tWßennJb ing Board makes application ch the .ground of to secure their rifchts, and the fact that the Jury law of 1877 is hostile to colored citizens. Justice Bradley says the application raises three questions : First, was the presentation of the petition sufficient to amend the jurisdiction of the - State court, or had that court the right to examine into that sufficiency? Second, if the State court had the right to pKaßiine, haty. the Circuit Court the right to re ( -axaipli a certiorari or other writs? Third, if the Circuit Court had such rights, did the show, ground to tie firsttwo questious? Justice fradley answers that, in the Jury law of 1877, there is nothing cjen'M confl**tttfcionf,l*objeWons > also tfce-prejudicJß is ’nbf such a cause as ‘Warrants a transfer. Neither die Fourteenth amendment nor the Civil-Rights bill was violated. There is no State legislation hostile to either. THE DIBASTER. The story of the stea mer Metrop- I olis, is thug related by James F. Alcorn, formerly an *tho navy, and'temporarily attached tp the ill-starred vessel; On Wednesday night at 9 o’clock I was called by the mate to assist the carpenter in stopping a leak around the rudder trunk. Found the stern-post loose, and so reported. Remained at the post, using all possible exertions to stop the leak or prevent its increase. until about 5:30 a-m„ whpn I was called on deck, and found the ship a partial wreck. One of the port boats was hatiging over the side by her bow-tackle to the davit, the smokestack the beach. Reached the forier cfatter, and, in obediebce to an order from the Captain, commenced to start the water ih the casks stored forward to lighten the ship • was assisted in so doing by the carpenter ard one of the quartermasters, who dwas afterwards drowned. The, mate suggesA OmadeEy* setting the |f(Ua||ai| Ukng X/ consent |Jd, Seaman, loosed the fo»sail and succeeded in setting the sail, which remained but a few minutes until carried sway, and.it was necessary to clew up the port wing of the sail. The ship struck heavily amidships, evidently breaking her back, but she poutynuadto drive ,pn the beach. The admirable pf the helm, assisted by the foresail, maintained the ship’s position head on until fairly beached. Soon after this the main-mast went, and she began to break up rapidly, the first seas that boarded her having destroyed or crippled all the remaining boats but the dingy, wtyjetawan attached U F xm' that boat I jfraced my etilbf Rdpe of safety, provided I could maintain possession of the boat for sending a line- ashore at low water But while my attention was otherwise engaged the boat was lowered and my purpose defeated, while she, without any management save the providence of God. was to the beach—a perfect “ ark of «tfety re Tor the sii or poor fellowf-whc h»fl th! couragSto teciice the opportunity. During the trying hours of the day several of the ill-fated passengers, bravely intrusting themselves to the tide, evjdeptiy logt heart with tiin passage of the first breaker over their heads, and, abandoning all hope, sank without a struggle. Others, either washed or leaping off the wreck, would almost seem to have committed suicide, so deliberately did they bury their heads beneath the waves and meet their doom. The foremast falling aft, and the foresail 1 tyeing still partially spread, several were either

killed by its fall or buried beneath the mass of the sail in such a way as made death certain. At about 4:36 or perhaps 5 p. m., the mid *phip body of th& hull, the fore body being already gone, began to break up rapidly, while lurked all Who would listen to:me to trust themselves to Providence, .the waves .and- their life-preservers, Many did and ttye majority with success. Atfengthlhe closing scene teas upetetft. The lower-deck beams gasewfty and the starboard broadside, giving a few more heavy shocks from the surf, pank be> neath the wavea. - -

FORTY -FOURTH CONGRESS. Monday, Jah. 28.—Senate.—A great part of the morning hour was occupied in the presentation of petitions remonstrating against a reduction of certain tariff duties and the restoration of the tax on tea and coffee, etc., all of which were ’ referred. ...-.Mr. Voorhees presented the petition of 1,200 citizens... of Albany, N. Y„ in favor of the remonetization of sliver and the repeal of th* SpecieJgesumption jpt. Referred„..Bills for ffie disport tiou of public, timber and Bmber lands of the UnitedJKatefi; ateo/ a bill to ainena the Army Appropriation bffrtor the' fiscal year ending June 30,1876, in regard to compensation to railroads for Government transportation.... Mr. Ingalls introduced a bill to reimburse the States of Kansas, Texas, Nebraska and Colorado for expenses incurred by said States in repelling invasions and suppression of Indian hostilities. Referred.... The House bill to remove the obstructions from the Mississippi, Missouri, Arkansas and Red rivers was taken up and passed after a brief discussion. . At the expiration of the morning hour the Bland Silver bill was called up for consideration, and Mr. Morrill, of Vermont, spoke in opposition to the measure. House.— A great number of bills of minor importance were Introduced and referred. To prevent the consideration of Mr. Matthews’ silver resolution the reading of every bill was demanded by, the anti-eilverites. The Matthews resolution was finally reached, however, and was passed without debate by more than a two-thirds vote—lß7 yeas to 79 nays.... The House by more than two-thirds passed a resolution, introduced by Mr. Baker, of. Indiana, declaring against the granting of any subsidies. Tuesday, Jan. 29. —Senate.—Mr. Edmunds introduced a bill to make the 22d of February a legal holiday in the District of Cohuftbis..; .-Mr.Blumb introduced a bill to repeal certain acts and parts of acts relating to the taxation of in savings banks.. ..Mr. Howe, from the Committee on Library, reported favorably on the House joint resolution accepted Carpenter’s painting of Lincoln and Cabinet. After some debate the resolution was agreed to —yeas, 43; nays, 7... .Mr. Wallace of Pennsylvania, addressed the Senate in favor of the Silver'bill, which was called up for consideration. M esßrs - Bayard, Dawes and Whyte spoke against the measure. Mr. Cameron, of Wisconsin, submitted an amendment to the Silver bill so as to provide that the dollar shall consist of 420 grains standard silver, instead of 412J< grains. Ordered printed. Mr. Bumside submitted an amendment to the clause declaring that said dollar should be legal tender for all debts, public and private, bo as to provide that it shall be legal called up his resolution declaring it “ unnecessary or inexpedient to maintain or impose taxes at this time for the purpose of providing for $37,196,045.04, asked for by the Secretary of the Treasury for a Binding fund,” and spoke in favor of passing the resolution.

House. —Mr. Stephens introduced a bill to make importers use the metric system of weights and measures. Referred... .Mr. Butler, of Massachusetts, created considerable excicemeni and amusement by presenting the resolutions adopted by the Norfolk (Mass.) Unitarian Conference in favor of a single gold standard, and then taking the SSpeaker for his Bible, ami cau-ing to be read, from a chapter in St. John, Christ’* rebuke of certain disciples and money-changers who attempted to use the Lord’s temple for purposes of merchandise. Mr. Butlei 1 said that, after the rebuke by Christ, he had no answer to make to the ministers who attempted to instruct him... .After a somewhat amusing discussion of the subject of admissions to ; the floor of the House, a resolution Was adopted directing that the rule be rigidly enforced, and the issuing of passes be discontinued. The Speaker stated that he would immediately revoke all passes, that of .Cengresa desiring adsilssion to the floor should', file a declaration that they are not interested in pending legislation, and that' the’birt'fitition of the rule would exclude employes, clerks to committees and private secretaries.... Mr. Kenna, from the Committee on Commerce, reported back the bill to recognize the Woodruff scientific expedition around the world. The bill grants for the purpose of tfi® expedition an American register to a foreign-built vessel. After discussion the bill phased—yeas, 167nay*, 190. Jail. Foshees dfettKifl|ed a -iekdilution requesting ttye wrjfcident. if not incempatjble with jihbliq iutarestk, to transmit till the hdSv miny acre* of Wnd in tyhe Indian Tesß<icßy have been surveyed into seeffonw and ty'ufWW" iWiMbs, ror what purpose said survey has been made, and how much land remains in said Territory not surveyed: also, what amount of lands were owned bv several tribes of Indians previous to the troAfiks of 1866, and whether Indian titlsfto iteWstyflx ha* been ertttygvsied since said treaties were miffe. andylf io; to'wftat Silvfr miff Tfe*'ctaiined wtt#-meMepreciation of eilve»-was,aip4-Auo to its demonetization, but to othrey apd that its remonetization would not restore it tp a par with 41° proposed to amend the Riding ®ro«dfiig for the coinage of a sffxfr deffif yi 43t'Ara4n*, to be a full legal tender, except where otlicrwise*provided by law, or by contrßct,' amUntthorizing the Secretary of the Treasury to purejske hot les* than $2,000,000 nor more than s4,(’'Oty,roO'Worth of silver bullion for coinage—the act to remain in force for one year. House. —Mr. Hays introduced a bill prohibiting any further destruction of legal-tender notes, and making such notes a legal tender for custom duties. Referred.. ..Mr. Davis, of North Carolina, introduced a bill repealing section 4,716 of the Revised Statutes, forbidding the payment of pensions to any person ,or to the widow, children, or heirs of any deceased person, who in any manner voluntarily cngaa&Uu dWtaed or abetted the late rebelhon.... The noftft "Mit into oommitteaof the whole to consider the bill extending the time for the withdrawal of distilled spirits now in bond until July 1, 1878. Mr. But Ur’s amendment, providing that when spirits lire withdraw!' frohv bond the tax shall be collected at the rate required by law, and the time of its entry into bond, was adopted—loß against 51. Mr. Foster’s substitute for the original proposition, declaring a reduction of the tax on whisky inexpedient, was adopted by a vote of 134 to 95. The House sustained ttye action of th? dbmmittee in adopting the substitute by a vote of .yeas 146, nays 112, slid the title was caanged accordingly. Thursday, Jan. 31.—Senate.—It was an exceedingly dull day in the Senate. A few bills of a private character were passed, some petitions presented, after which the Silver bill was taken up. Mr. Morgan submitted an amendment to allow the free coinage of silver, by permitting any holder of bullion to deposit it in tae assay office or .mint in sums not less than $lO9 in a single deposit tier to exceed SIOO,000 during a^calendar njonth’by tile same depositor. The bullion is to be rained at its market price for legal tenders at the date of deposit, certificates to be given to the owner, to he paid by the Secretary of the, Treasury, tn n<sl lies than thirty nor more than ninety days, in legal-tender .notes, or silver dollars, at the option of the Government. After one j ear the coinage of silver to be on the same footing in all BfspMtaßWith the coinage of I OisdereAmriamg. jlf. Booth submitted au I >iqitndn|jnt to owjjjera of silver dollars to | f deposit ffiem wty AcnTreteurer or any Assistant ; yiyasurp' of 19ell■ tad Stites, and receive certifi- ■ reams MSot lesMhammb eajp, the certificates to be engraved as money, and to circulate in place of silver. Th? design is to obviate the inconvenience of silver in commercial transactions. Ordered printed. Mr. Oglesby spoke in favor of the bill, and urged immediate action.... Adjourned till Monday. House.— There was a wrailgle over the West Point Appropriationbill.... Mr. Harris, of Virginia, . froth the Committee on Elections, reported in the California case against Pacheco, the sitting member, and in favor of Wigginton, the contestant. Mr. Wait, presented a minority report taking opposite grounds. Mr. Springer presented a separate report on his own account, although concurring in the resolution of the majority. The reports were ordered printed. Mr. Harris gave notice that he would call up the case next Tuesday. FniDAYjiFety, ty— Senate.—Not in session. Hobb«.— Mr. Phillips introduced a bill to provide for the funding of the national debt in home bonds

convertible into currency. Referred.,. .There wa* »n animated debate in the House over the charge* against the Doorkeeper, Polk, of Missouri, and the incidents connected with them. Mr. Baker, of Indiana, caUed.«lie attention of the House to nmn’rous rumors which have been about the Capitol for a long time, and which were fully stated in affidavit* : that Mr. Batyw a part of his speech. After a sharp ffiscussion the investigation asked for was orilcredj-and the matter committed to the Civil Service Committee. After investigation had been ordered, Mr. Ellsworth, of Michigan, moved that the affidavit* against Polk, on thb ground that they were ex parte, be eliminated from the public records of the proceedings. The motion was in fact to expunge a -portion of Mr. Baker’s speech. Baker was absent from th* hall and arrived Just a* the House had voted to mutilate the records. Bakfer immediately moved a reconsideration, and, after sn impassioned speech, In Which he demanded that his rights as a member be protected, succeeded in carrying the I oiut..., Adjourned to Monday.

A huge mass of metal, weighing four or five tons, resulting from melting down, counterfeit plates and dies nap tn red by the detectives of the Treasury pepart-

meat, has been laid as the “cornerstone” of the foundation in the erecting shop of the engineering department in the Navy Yard at Washington.

SECRETS OF THE POLAR CIRCLE.

Voyages of Discovery by Five Other Nations The Hcwgate Expedition Approved by a House Committee. The Committee on Naval Affairs of the National House of Representatives has reported favorably upon the Howgate Polar : Th? Sx jSWKSKi'K Polar peas have incalculably benefited the whole world ; that the knowledge acquired by experiment and discovery in that region can be obtained in no other way and in no other section of the globe ; that such knowledge is an important factor in the regulation of commerce which is absolutely dependent, so far as decreasing the perils of the deep and enlarging boundaries of navigation are concerned, upon the knowledge of physical laws. ♦ » * | There has never before been an opportunity ’afforded so promising in results as the one which now presents itself. To make such explorations entirely successful it is essential that simultaneous observations be had at different points within the Arctic circle, and for continuous periods of time. England, during the present year, will fit out two vessels, under tne explorer Nares, on a Polar expedition via the east coast of Greenland. Sweden, in 1878, under the auspices of Prof. Nordenskjold will explore the Polar regions via Norway across to Behring’s strait. Holland has determined upon another. Germany, under the direction of the Arctic Exploration Society, has an Obi expedition, commanded by Oapt. Wiggins, now on duty. Russia, during the coming spring, will push forward an ethnological expedition under the Helsingsfors Professor to the Vogels and Ostyacs of the Obi and Irtysh. After referring to the -ways in -which knowledge of the different natural sciences may be advanced by this expedition, the report continues: Wonderful already are the discoveries made in each field of inquiry noted, but we are yet in the vestibule. The region of the unknown is just beyond. We are invited thither. We know enough to realize the wealth which awaits us. Hitherto observations have been limited and imperfect, the most important of them wholly neglected. Accurate data as to all of the sciences named are wanting. Geographic discovery has hitherto been the objective point. While this is praiseworthy, while it adds a most important chapter to the book of knowledge, it should not be the primary object to which all others are subordinated. Am absolute change of operations must be had. This change will be effected by the passage of the bill H. R. 447. It meets the exact need. It provides for a long stay, which will give ample opportunity for observations and the conduct of scientific inquiry under the most favoring conditions. It provides that an intelligent system shall be pursued under the direction of the National Academy of Sciences. The report concludes: The honor of the American name is involved. Will Congress suppress this zealous spirit of inquiry and adventure, or give it scope by the passage of this bill and a meager appropriation of $50,000. To us it appears there should be but one answer, and therefore we report back the bill with a recommendation that it do pass.

The Bland Silver Bill.

We print below the Bland Silver bill as it passed the House, and as amended by the Senate Committee on Finance. The House bill ends with the words printed in brackets. The Senate Committee on Finance struck out the words in brackets and added the words which follow, printed in italics. The reader thus has both bills before him: An Act to authorize the free coinage of the. standard silver dollar, and to restore its legal-tender character. Be it enacted, etc., That there shall be coined, at the several mints of the United States, silver dollars of the weight of grains Troy of standard silver, as provided in the act of Jan. 18, 1837, on which shall be the devices and superscriptions provided by said act: which coins, together pith all silver dollars heretofore coined by the United States of like weight and fineness, shall be a legal tender, at their nominal value, for all debts and dues, public and private, except where otherwise provided'by contract [and any owner of silver bullion may deposit the same at any United States mint or assay office, to be coined into such dollars, for his benefit, upon the same terms and conditions as gold bullion is deposited for coinage under existing laws]. And the {Secretary of the aireasury is authorized and directed, out of any iooney in the treasury not otherwise approprimed, to purchase, from time to time, silver bullion at the market price thereof, ndtless than two Tillion dollars per month, nor more than four million dollars per month, andcause the same to be coined into such dollars. And any gain or seigniorage arising from this coinage shall be accounted for and paid into the treasury, as provided under existing laws relating to the subsidiary coinage; provided, that the amount of money at any one time invested in such silver bullion, exclusive of such resulting coin, shall not exceed five million dollars.

Revising the Tariff.

The new Tariff bill, as perfected by the sub-committee of the House Ways and Means Committee, has been furnished to the press. Many of its details are unimportant, and all of them are as dry as the multiplication table. A dispatch from Washington to the Associated Press, after giving the nature of the bill in detail, adds, in regard to its leading character, as compared with the existing tariff: The general' principles on which the bill is based are reduction and simplification, and with sections directly looking to the enlargement of our foreign trade. The schedules and classificatipna»o£ the present tariff are followed. A fflf§lrc¥CThrttioih-fa made, avbtaging about 20 per cent, of the present rates in the entire Mat. though in Wines, brandies and cigars, and other articles of like character, there is no redaction. There are no compound duties, rates being either specific or ad valorem. There is no free fist. Every article that is not dutiable is admitted free without specification or enumeration. The present number of articles in the Tariff law is reduced to about 500, all to I'd, in thia All changes have been made from ad valoretn to specific duties wherever practicable. It is claimed that this bill will reduce the cost of collection from $7,250,000 t6‘ less than $3,000,000. The bill proposes to raise $154,946,000, estimated by treasury experts upon the average of imports for the past six years. Only $138,000,000 were collected last year. s The publication of the bill at this time is with a view of eliciting expressions of public opinion before final action.

Bailroads of Seven Great Powers.

The Railway Age prints the following statement of the comparative population, railroad mileage, and debt of the leading countries of Europe, and remarks that it is not perhaps generally appreciated that the United States, with a population less than that of Germany, has more miles, of railroad than all the seven great flowers combined their total mileage being 76,491, while ours is nearly 80,000:

Mile* of National Population. Railroad. Debt. Russia 88,000,000 14,(*00 $1,840,033,015 Turkey 28.000,000 1,138 1,500,000,00 Germany 42,726,844 17,472 671,345,640 Austria 35,904,435 10,154 1,532,631,530 Great Britain. 31,783,700 16,664 3,625,296,580 France 36,102,921 12,246 5,000,*00,095 Italy 26,801,154 4,817 1,851,522,640 That we have fairly beaten the seven great powers as respects mileage, it is very true, but, when looked at from a commercial point of view, the victory is rather a costly one. The largest oyster on record in the United States was one taken from the b’eds in Mobile in 1840. It measured three feet and one inch in length, and twenty-three and a half inoheg in breadth its widest part. ' 1

$1.50 mt Annum.

NUMBER 52.

KING SHYLOCK’S TRIBUTE.

One Thousand Millions Clear Arising from No Investments at All.—A Startling Exhibit. lu the United States Senate recently, Senator Beck, of Kentucky, spoke at length on the remonetization of silver, and, in the course of his very able speech, he Quoted from Mr. Voorhees, of Trulmna, a history of all the bonds which were sold each year and the prices that were paid, and that were given, and which revealed the fact “that the bondholders had up to 1869 received over $100,000,0000f profit before they even got the principal of their bonds made payable in gold by the act of 1869. ” The following is the statement quoted by Senator Beck, and we recommend it to our readers as suggestive of the rapacity and arrogance of the bondholding class, unparalleled probably in thfe history of the world: In 1862 the Government sold 6 per cent. 5-20 bonds to the amount of $60,982,450, and received for them greenbacks at their face, dollar for dollar. The demand now is that these bonds shall be paid in gold at their face; and yet, owing to the depreciation of greenbacks at the time of their purchase, only $44,030,649 in gold was paid for them. This makes a clear speculation of $16,951,801 in favor of the bondholder in this first transaction. On this clear speculation the bondholders have received interest for eleven years, amounting to $11,187,188, which, added to its principal, makes the sum of $28,188,989 already received in that single transaction, for which not one dollar was ever paid. In 1863 the Government sold of the same kind of bonds $160,987,550, for which it received an equal amount in greenbacks. A standard authority 7 placed the average price of gold during that year at $1.58 in currency. It will thus be seen that these bonds cost their purchasers but $101,890,854 iu gold, leaving a profit of $59,096,696, without including the interest. Eor ten years, however, the Government has paid interest on this naked profit, this principal, without any consideration. The interest thus paid amounts to $35,458,017, which, added to this fictitious principal, makes $91,455,713 now in the pockets of the bondholders on that year’s operation, for which they never paid anything. In 1864 the Government sold these bonds, amounting on their face to $381,292,250. Again the Government received only depreciated paper for these bond obligations, and at that time our currency was enormously depreciated, if tried by the gold standard. The price of gold during that year was at an average of 201 in currency. The sale of these bonds, therefore, which are now assumed to be gold bonds, only realized to the Government $189,697,636 in gold, less than one-half of their face value. There was left to the capitalists who speculated in them as purchasers the immense profit of $191,594,614. This wan the amount of the broker’s shave, and on it he has drawn interest from the people for ten years, amounting at this time to $114,956,768. Add this to its principal, which stands as pure speculation, and we find that the bondholders have made as clear gain, as something for nothing, the sum of $306,551,382 on the one year’s transaction of 1864. In 1865 the Government sold bonds to the amount of $279,746,150, on which it suffered a discount of $71,532,060 at the hands of the capitalists. The interest already paid by the people on this discount reaches $38,627,307, making this year’s operation realize for the bondholders $110,159,367, for which not one cent was ever paid. In 1866 the Government sold $124,914,400 of its bonds, for which it received depreciated paper currency amounting to $88,591,733 in gold, according to the then price of gold. The difference between the face of these bonds and the amount they realized to the Government was $36,332,627. Eight years’ interest received on this shave amounts to $17,434,556. Adding this interest and principal together, and We find that the bondholders have received $53,757,188 out of this years’ sale of bonds, for which not one dollar ever left then - coffers or reached the United States treasury. In 1867 the Government sold of its bonds the immense sum of $421,469,550. The purchasers paid for them $303,215,503, leaving a clear profit to them on the operation of $118,254,047. Taking the interest on this p olit for seven years, amounting to $49,661,694, already paid, and the speculators have in their pockets, if these bonds are to be paid in gold, the sum of $167,915,741 on this year’s brokerage, and for which they never gave a farthmg in consideration. In 1868 the Government sold its bonds to the stiW further amount of $425,443,800. Their purchasers paid $312,326,323 for them, clearing by that annual speculation the sum of $112,617,477. Add six years’ interest on this bonus, amounting to $40,542,228, to the bonus itself, and we find that the: e traffickers in a nation’s perils have received in this operation $153,159,765 of the people’s money, for which not the slightest equivalent was ever paid into the United States treasury. In addition to the foregoing 6 per cent, bonds, the Government at different times during the years mentioned issued and sold $195,139,550 of bonds beating 5 percent. They realized to the Government $122,957,410, thus leaving to the purchasers a het profit of $72,182,140. Interest already paid on this profit amounts to $26,115,724, which, added to the profit itself, makes the sum of $98,297,864 as the amount now’ in the pockets of the bondholders growing out of their operations in the 5 per cent, bonds, and for which there is not the slightest consideration. An account of the bondholders’ clear profits arising from no investments at all may therefore be stated in the following tabular form : 1862 $‘28,168,989 1863 .. 94,555,713 1861" ' 306,551,182 1865" .• 110,159,397 1866;" 53,757,183 1867 167,915,741 1868 253,159,765 On account of 5 per cont. bonds 98,297,864 T0ta1•51,012,536,004 This most remarkable statement ■was, as Senator Beck declared, “carefully anti truthfully prepared.” The proof is in'the official records. “It will satisfy the country,” said the Senator, “and ought to satisfy the bondholders and their advocates, that they ought not to insult a suffering people whose hard earnings have gone to enrich them by any complaint of want of good faith to them in the effort we are making to save the country from bankruptcy.” One thousand millions of profits, and yet the bondholders cry for more ! Let workingmen see in this statement, the truth of which is beyond question, the main cause of the sufferings which they are new enduring. Let prostrate and helpless industry understand that this is the system which has made it the prop of King Shylock’s throne, and which still continues to wring from it, exhausted as it is, $700,000,000 annual tribute. Let Greenback men arm themselves with such facts and figures as are given above, and so be prepared to overthrow King Shylock, raise industry to its feet once more, and bring back the prosperity and happiness that were ours ere yet the bonds that bind us had begun to tighten on us and bear us down to vassalage.

Non-ResumptIon in France—Interesting Faets.

Mr. Henry Carey Baird writes as follows to the Philadelphia Times : “ The Ist of January, 1878, having come and gone, and the debt due by the French Government to the Bank of France having been reduced to 300,000,000 francs, and when ‘the forced circulation of notes should cease in conformity with the law on the matter,’ it is an interesting fact, to learn from the correspondent of the London Economist that on the 8d inst. ‘no notice of the legal resumption of specie payments had been issued. ’ It is true that for several years past the bank lias been paying specie to the amount of 1,000 francs at a single payment, but it has held in jig owp hands pptire and

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complete control over the matter, and all such payments are purely optional. Now, not only has the bank not formally and legally ‘resumed,’ but it had during the week ending Jan. 3, increased its circulation of notes $20,000,000, and that circulation then stood at $520,000,. 000, being $51,000,000 more than it was in September, 1875. The ‘cremation theory of finance.’ evidently does not obtain in France, where the trade, commerce and industries of the people are not subordinated to any arbitrary fixed amount of money, but the latter is subordinated to the former. In a word, the circulation of the bank is a purely automatic affair, and varies from day to day, and week to week, according to the demands of business. This is is sensible as it is just. “It is equally worthy of note that the bank held, Jan. 3, but $105,000,000 in specie, against $455,000,000 on June 28, 1877. The Government and the bank evidently see and appreciate the perils of resumption, while, notwithstanding the facts that their country is creditor with the rest of the world, and is steadily importing specie, the bank has lost $50,000,000 within six months. All such unimportant and trifling considerations as these are, however, overlooked and disregarded by the great statesmen at Hie head of our affairs, who fail to think or care what kind of a chance our poor debtor country and its industries would stand it our treasury resumed on a paltry $100,000,000 of specie, while liable to have foreign calls for $1,000,000,000 within a year if any great convulsion should occur in Europe. ‘ Verily do fools rush in where angels fear to tread.’”

New York Bulldozing.

The New York bankers have held several meetings recently, having for their purpose the agreement upon a plan of action with which the Southern and Western States are to be threatened unless they withdraw their support of the remonetization of silver. The plan includes : 1. No more sale of goods except on condition of payment in gold; 2. No credit or discounts to any Western or Southern banks, merchants, corp rations, or municipal governments, except on contracts payable in gold; 3. The refusal of all dealings with persons who will not make contract i to pay past and future debts in gold. This threat is to be sent all over the country as the determination of the men who claim to represent the “ center of capital.” Do these gentlemen think that the “center of capital ” is immovable ? Within tlie memory of even young men and merchants, New York was the “center of trade” in the United States, and every man who dealt in dry goods or groceries all over the land had to go to New York or send to New York to purchase his stocks. Times have changed. New York was once the center of the provision trade, and every pound of packed beef, pork, lard, bacon, and cut meats had to be sent to New York to be sold—both to the foreign and domestic markets ; but the center of the provision trade has moved a thousand miles westward. The day has long since gone by when the West and South depended on New York city. That city might be buried, and the business of the West and South would goon just the same. If the banka and merchants of New York shall insist that the capital gathered there shall not be employed in trade with the West or South, it is possible that that'capital will quietly find its way to the productive centers, and be invested directly among those who produce to sell and who buy to consume. There is no law that can compel capital to remain in New York one hour after the trade of that city with the producing sections of the country shall cease or be suspended, and if the city of New York proposes to suspend or refuse further commercial or financial dealings with the. exporters of $650,000,000 surplus products of their labor, the latter will probably find some other route to market, some other route to the open sea, some other point from which to obtain what they need, and some other part of the world in which to obtain the capital that they may need to handle what they produce. Now, if the New York banks and merchants want to get out their “black list,” let them do it. If they will not sell us dry gooffs, there are other places where we can buy them ; if they will not buy our bread and meat, let them go hungry. The people who produce more than they consume of human food have an open market the world over, and can find elsewhere all they need in exchange. Let New York get out its “blacklist;” it need not beat trouble to select the names; let it put down the people of the West by acres, townships, counties, Congressional districts, and States; let’ them put the people of twenty-six States under a commercial and financial interdict; let them advertise to the remotest parts of the earth that New York holds no commercial intercourse with the South or West; that the people of these sections refuse to pay any more debt or interest than is called for by the letter and terms of their contracts, and, when the railroads to New York shall become bankrupt, and the Erie canal become stagnant from disuse, aqffjhe banking buildings in Wall street will have inscribed in chalky whiteness Ater their dfeors the legend “To let,” then perhaps Mr. George W. Coe and his associates will discover that any attempt to bulldoze or intimidate a free and intelligent people must prove a failure.— Chiddfio Tribune.

How Silver was Demonetized.

Senator Thurman, of Ohio, spoke a few words in behalf of the Silver bill in reply to Judge Edmunds’ three-hour Shylock harangue against it, from which we make this extract: ' Senator after Senator had declared that the aci, of 1873 demonetized the silver dollar. It did no such thin". The silver dollar was demonetized by the Revised Statutes, but they were not intended to change any existing law. They were simply a compilation of the laws as they existed at the date of the adoption of tbo statutes. The silver dollar of 412% grains was a fu’l legal tender for all purposes, and had not been legally demonetized. The argument had been made that silver dollars were not in existence at that time, and therefore the bondholders did not expect to be paid in silver. As well might such an argument be made against gold, because there was but little of that coin in use. The Coinage act of 1873 was a step in the direction of demonetizing silver, but it was not actually demonetised until the adoption of the Revised Statutes m 1874. It had been argued that injustice would be done to those who purchased bonds since 1873 if the Government should pay its bonds in silver, but he (Mr. Thurman) would endeavor to show, when the bill itself should come up for consideration, that the payment of the bonds in silver would not do injustice to any one. The goldites try hard to conceal from the public the rascality practiced clandestinely by the statute revisers in 1874 in sneaking in a section which demonetized tbs old silver dollar,— Chicago Tribune.