Newspaper of Chicago Daily Tribune, May 27, 1876, Page 4

Newspaper of Chicago Daily Tribune dated May 27, 1876 Page 4
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4 ile C TERMS OF SURSCUIPTION. PAYABLE IN ADVANCE—POSTAOB PREPAID AT Tins OFFICE lull* Edition, P»«tpnlrl. I year ram of yeopateamerale. Mailed to any address four week* for Sunday Edition; l.Ucraryand Uellglous Double Mtrcl .TOO TrMVeekly, postpaid, I year Part* of year at lime rate. WKRKI.Y EUITIOH, POSTPAID. One copy, per year fl. V) t!nh of fire, pcrcopy i.nn Club of twenty, per copy MS The portage I* is cent* a year, which we will prepay. Specimen copies sent free. To prevent delay and mistakes, he sure ami give Post* Ofllce address In full. Including State- and County. Hetnlllanceauiay be made cither hy draft, express, FoiDOfflce order, or In registered letters, at our risk. TERMS TO CITT SUIISCHIBEJIS. Dill?, delivered, Sunday excepted. 35 ccnu per week, pally, delivered, Sunday Included, SDeenU per week Addreo TIIK TIUHUNR COMPANV, Comer Madison tod Dearborn-iU., Chicago, 111. amusements. New Chicago Theatre. Clark street, between Randolph and Lake. Hooley's llloitreU. AfternooD aud evening. Ilooley’a Theatre. Randolph street, between Ciaik and LaSalle. En- Sasemeni of Daly's Fifth Avenue Company. •• I’lque." furuoon and evening. McVlcker’a Theatre. Madison street, between State and Dearborn. En ficcment of Maaglo Mitchell. Afternoon, "Jane yre." Evening, “"Little Uarcfool." Waoil’s Mnnenm. Monroe afreet, between Dearborn and State. (Frank E. Aiken In “Uert; or, Ocean to Ocean." Afternoon ami evening. SATURDAY, MAY 27, 1870. Greenbacks at tbo Now York Gold Ex change yesterday closed at 88?. The Senate is still discussing the question of jurisdiction in Belknap’s case, and sev eral days are likely to pass before a decision is reached. Dubufe’s great painting, “ The Prodigal Son," was destroyed by tiro at Cincinnati Inst night. This work of art had perhaps received greater and more flattering popular attention than any other picture over sent to America. Gainsborough's portrait of the Duchess of Devonshire, which was purchased in 1783 for $325, but which brought $50,500 at auction m London on the Gth of May, 187 G, has been stolon from Mr. Aonew, its now owner. A thief gained access to the room in which it was kept, cut the picture ont of the frame, and made off with it. A reward of $3,000 is offered for its recovery. Secretary Robeson has prepared an answer to such of the testimony given before the Naval Investigating Committee as ho has had access to, —more especially that relating to the peculiar facilities for obtaining con tracts supposed to havo been enjoyed by the Cattles. Mr. Rodeson claims that Ids statement will show that all his transactions with the Cattels were perfectly proper. Chicago has been selected as the place for holding the session of the Presbyterian Gen eral Assembly for 1877. In view of the probability that another year will bring about a reunion of the Churches North and South, separated by the bitter animosities growing ont of the War of the Rebellion, the session of 1877 promises to be among the most important and interesting in the history of the Presbyterian Church in America. Tho Tilden men in Washington oro get ting nervous about their favorite, whose loss of newspaper support in Now York betokens a break in the delegation from that State, and the possibility that they will give him merely a complimentary vote and then switch off to some other candidate, —possi- bly Bayard, who is Tilden's equal in tho matter of a record and his superior in the matter of having fewer enemies. Alto gether, tho outlook for Tildeh is not so en couraging os it was. If tho latest reports by cable are correct, tho Turkish Government will take upon itself tho responsibility of informing tho Great Powers of Europe that they aro expected to keep within tho provisions of tho Treaty of Paris, or, in other words, they will bo told that their intervention is not needed, and particularly not desired. Tho 14 Sick Man," it is said, will sit up for a brief period while this information is volunteered. Language of this character from tho Porto, although coming from a weak source, has, when added to tho stronger cry of “Euro peon Equilibrium * from some of the West ern Powers, always turned tho scale in favor of the Turk. Massachusetts yesterday enjoyed the sat isfaction, somewhat rare of late, of inflict ing tho death penalty for the crime of mur der. At Boston tho hangman paid his x-spects to Thomas W. Piper, tho beastly butcher of little Mabel Youno, whom ho beat to doath with a club in tho belfry of tho Warren Avenue Baptist Church, of which bo was sexton, on tho 23d of May, 1875, the murderer of Bridget Landeroan in 1873, and tho would-bc mur derer of Mary Tyner in 1871. At Worces ter Samuel J. Frost, who killed his wife’s brother, Franklin P. Towns. July 4, 1875, was both hanged and decapitated, his head being jerked from tho body by tho ftdl of the drop. Mr. Blaine made a statement under oath before the House Committee yesterday con cerning the package brought to him from Arkansas by Bobinson, and in tho most clear and convincing manner explained thot dr emus lance. Tho package fetched by Uorin son contained various maps and plats of certain coal lands in Arkansas which Mr. Blaine had thought of investing in, aud contained no bonds of any kind. Further more, Mr. Blaine repeated under oath his recent statement on the floor of the House in connection with the Arkansas bond story, and when he had finished there was not a peg left on which to . hang a doubt thot tho charges and minors were absolutely without foundation. Tho Chicago produce markets were irreg ular yesterday, but generally easier, with less ioing in provisionsand fair activity in bread stuffs. Mess pork declined COo per brl, closing at519.57}@19.60 for Mayor June andsll).72} @19.76 for July. Lard declined 32}0 per 100 ttis, dosing at $11.52} cash and $11.65 seller July. Meats were quiet and steadier, at C}o for boxed shoulders, 9}o for do short ribs, and 10c for do short dears. Lake freights were less active, at 2}o for wheat to Buffalo. Bail freights were dull aud un changed. Uighwinss were firm, at $1.09 per gallon. Floor was in light demand and steady. Wheat was active, and dosed ijo lower, at $1.06} cash and $1.07} for Juno. Corn declined So, closing at 46}c for May and 44}0 for June- Oats declined Ig> d««■•>**** at 20|(»2n30 cash and 20Jo for June. Ityo wns!“firmer, at 70c. Harley was 1c lower, closing at 700 for May nml f»0o Aflked for Juno. Ilogs were Active mid stronger, sell ing at $6.30(5'6.«0 for common to choice. Cattle were quiet And steady, with Rates nt $;U)0(®:».00. Sheep wore firm aud un changed. One hundred dollars in gold would buy $112.75 in greenbacks at the close. .113.00 The President in disposed to look leniently upon tho incursions of gold-hunters upon the Sioux reservation in the Black Hills country, and to accept as an inevitable and accomplished fact the occupation of that country by adventurous minors. While re fusing to give his official sanction to tho violation of tho treaty involved in tho matter, ho nevertheless proposes that tho Indians shall not bo encouraged to enter upon a wholesale massacre of tho intruders by withholding military protection. Gen. SneniDAM has therefore been directed to afford protection to all persons coming away from or transporting stores and supplies to tho Black Hills. This order docs not include miners at work or en route for tho Hills, but their safety will be largely increased inci dentally by tho presence of tho troops. The Senate Committo on Railroads seems to be singularly averse to any legislation looking to the reimbursement of the Govern ment for tho bonds and interest advanced to tho Pacific Railroads. A bill having for its object tho creation of o sinking fund for this purpose was recently referred to tho Committee, and yesterday a report was sub milted amending this bill by reviving tbo impudent proposition that tho Union and Central Pacific Companies shall each rccouvcy to tho Government 6,000,000 acres of almost worthless lands previously donated, at tho rato of $2.50 per aero, or $30,000,000 for tho whole, this sum to bo tho basis of the sinking funds to bo created by tho Companies. The difference between tho hill as went to the Committee and tho bill as proposed to bo amended amounts to $30,000,000 in favor of tbo Pacific Railroad Companies and against tho Government, tho former getting a big price for lands which nobody else wonld buy, aud the latter buying back 12,000,000 acres which it originally donated in addition to tho bonds advanced. THE CITY’S FINANCIAL EMBARRASSMENTS There are two items of good nows from the City-Hall, tbo realization of which will bo of greater value to Chicago now and in the future than any public acta dono in years. The first is that the now Council fcavo pretty generally determined that, though the Colvin tax-lovy of this year was only for nlno months, they will make it, under Hotke, suffice for an entire year. To this end they can change the date of the fiscal year back from Jan. 1, at which the loto Council established it, to April 1. This change has au advantage in itself, in that it brings the collection of the taxes three months nearer tax-collecting than nt present But the chief advantage is the determination that the nine months' appropriations shall serve for twelve months, which will make a saving to the tax-payers of 25 per cent, or about $1,250,000 over the expenditures con templated by the late City Government The policy of retrenchment necessary to ac complish this was practically inaugurated by Moyor Qoyne last Monday in vacating some sixty or seventy sinecures, and wo have every assurance that it will be followed up by judicious excisions in other branches of tbo municipal service. The other item of good nows is that ar rangements have about been made to pay off the SBOO,OOO or $1,000,000 now due the city employes. This arrearage, falling heavily on a class who sorely need the money, has come from Mr. Hates’ policy of taking the funds os they came into the Treasury to pay off old city certificates in order to sustain the credit for renewing the balance and lotting the em ployes starve. It is an operation known as “ shinning ’’ among those people who are ac cufltomcd to resort to it. Meanwhile the em ployes havo had to whistle for their pay. They number in all between 2,500 and 3,000 persona, including the policemen, firemen, school-teachers, bridgo-tendors, dorks, street cleaners, laborers, and the long roll of mis cclloncous employes in the various depart ments. Tbo most of them are people who require their wages as they become duo from month to month. Their payment now will bring great relief to the largo number of re toil shopkeepers and supply-venders who have been advancing to the city employes, who have been deprived of their pay for nearly four months, so that tbo aggregate sum will circulate rapidly and make a per ceptible impression on the business of tbo city. The same arrangements that shall en able the City Government to discharge tbo present indebtedness to employes will also enable it hereafter to pay them promptly. Though not informed os to tho details of tho new arrangements for money, wo take It that they rest upon the willingness ex pressed by Chicago bankers and capitalists to advance money on certificates issued in conformity to the decree of the Court,—that is, drawn against particular funds, and for tho payment of obligations accruing within the present fiscal year. Whether or not it has occurred to tho Finance Committee, we aro persuaded that all tho certificates to ho issued this year shall bo made receivable for tho taxes of 187(5, which are duo and payable next summer, and that the certificates of future years, so long as this mode of raising money shall be necessary, bo made receiva ble for taxes of the year lu anticipation of which they shell have been put out. This feature will insure thorn a value and a pop. ularity that thoy cannot otherwise obtaiu, since, so far os Chicago is concerned, they will be as good os greenbacks. Any one skeptical and foolhardy enough to suppose that there will ever be a disposition to re pudiate them cannot then deny that thoy will have a permanent value for the payment of taxes, which is a debt that cannot bo avoided in the long run. Moreover, tho amount of certificates thus lawfully issued will always be less than the amount of taxes to be collected, so that, under this condition, the security will be absolute. Every certifi cate should contain the condition that it may bo tendered ut any time at its face value with accrued interest for the payment of tho city taxes for tho year in anticipation of which it was issued,—the certificates of 1870 for tho taxes of 187(5, the certificates of 1877 for the taxes of 1877, and so on. Their redemption for taxes would in this way operate os the canceling of tho certificates, and most of them would bo disposed of after this fashion. Tho advantages arising from tho adoption of such a plan as this will bo inestimable. Ilia city may then avail itself of tho money set aside by this year’s appropriations, and out of tho license fees, to pay off $500,000 of tho old certificates outstanding. The new certificates issued under the new plan will take care of themselves and come in next year when tbs taxes of 187 G shall bo paid, THE CHICAGO TRIBUNE; r SATURDAY. MAY 27, 187 C—TWELVE uPAGES. nnd then they will bo canceled. This sys tem may bo maintained until suffi cient economy shall bo Introduced in to (ho management of the city to warrant a saving out of the yearly tfcx lory to make up a fund largo enough some day to resume the policy of paying os w© go. The Finance Committee of the Council should give this suggestion prompt and fair consideration, keeping well in mind the necessity that all certificates should bo in moderate amounts, drawn against the tax levy of that particular year in which tho debt was contracted, receivable in payment of taxes for that year, with tho allowance of interest nt 7 per cent up to tho time of pay ment, nnd not running nor drawing interest longer than eighteen months at tho outsido. Tho Finnnco Committee, having submitted a proposition of this kind, should also sug gest to tho Council tho passage of a resolu tion authorizing tho Comptroller to take any of tho oldoutstnnding certificates in payment for (axes of 1875 nnd tho previous years. Under the law, ns laid down by tho Court, it is only out of these unpaid taxes that the old certificates can bo redeemed, and such a resolution would maintain nearly their full value, aud likewise encourage those in arrears to pay up their taxes. Their acceptance in this manner would more than offset the de preciation apprehended in certain quarters as a result of the refusal of tho Council to renew tho old certificates, but instcod to fix their poymeut at a definite time in tho future. THAT MONSTROUS PLATFORM. Tho platform of tho Illinois Republican Convention, tho more closely it is examined, shows its own fraudulent character. Tho special pains taken with this fraud would in dicate a purpose that might consistently bo extended to packing tbo list of delegates with enemies of Blaine. How far this has boon done, if it has been done at oil, will ap pear hereafter. Tho men who put Blaine on a rag-baby and bloody-shirt platform may possibly have smuggled somo delegates who really prefer a candidate to whom such a platform is appropriate. Tho Evening Journal , whoso proprietor was on tho Platform Committee in tho Con vention, docs not like tho criticism mode upon tho fraud, and ho labors to make tbo garment fit Sir. Blaine. That paper says: The Confederates In Congress have been met firmly, fought with and repeatedly beaten by the splendid statesman from Maine. He was’ not afraid of the bloody ehlrt and the hue and cry of the timid Conservatives, who dare not defend Be* pnblleanlsra at the South for fear of arousing sec tional animosity. On the contrary, ho boldly led the attack. Many a friend looked on in appre hension ns he shook the gory linen in the face of the mad bull; but the country soon resounded with his praises, and the popularity he enjoys to-day Is mainly due to what Tun Tiuuuke calls the bloody ehlrt. The debate in Congress, which has now become historical, and in which Mr. Blaine obtained such notional honor and fame, was peculiarly distinguished by the fact that on the Republican side it wos in advocacy of a complete obliteration of all logoi disabilities and penalties because of rebellion and treason. Mr. Blaine, in that debate, pro posed on universal amnesty, including “Block-Flng” Beauregard, the “pirate" Seusces, the Confederate commanding nt Fort Pillow, and all other Confederates, Jeff Davis alone excepted. The exception was made, however, not because Davis hod been a soldier of the United States, or a Senator, or n Cabinet officer, and then *a traitor and the President of the Confederate States, but exclusively because be was of ficially responsible for the cruelties and atrocities practiccd upon the Union soldiers while prisoners of 'timr. Let the debate bo read, and it will bo seen that there wos not' a Republican who spoke who did not claim, and with just pride, that the Ropub lican party bad never punished a man for treason' or rebellion after the War ended, and hod never refused a pardon to any man who had asked for it, and who did not insist that the Republican party was then ready to place every Confederate of tbo South on an equal political footing with the citizens of Maine and Ohio. There was no bloody shirt in that debate. It would have been wholly inappropriate. The Republicans wore there vindicating the “policy of leniency ’’ to the South, excepting only the one man respon sible for the Andersonville atrocities on pris oners. Tho groat charge modo against Blaine by tho Cameron gang, who have sold him out, is that ho was opposed to the Force bill, and was opposed to suspending tho writ of habeas corpus during an cloction in Georgias for tho samo reason that ho would oppose its suspension in Maino. Ho was a statesman laboring for poaco and unity, and the country owes much to him for the sottlo ments which put an end to civil war in Arkansas and Louisiana. Mr. Blaine has never been in sympathy with Butler and Conkuno in their efforts to koep tho war in progress, and govern States in tho interest of cliques or carpet-baggers, by tho exclusive uso of the bayonet. To pot him on u plat form denouncing the policy of leniency is n libel on bis record, and an insult all tho more glaring because tho Convention itself was largely for Blainb. But the editor of tho Journal , failing to comprehend Uio platform to tho support of which itscems ho was entrapped, denies that it declorca for rag-monoy. Tho resolution rends: lUtolted , That II Is licrcby further declared that the Republican party has given U> U (u people the beet system of paper currency ever devised, and would deprecate any legiilatlou that might, by any possibility, cause a return to the system of paper currency in existence before the War. The present system of paper oorrency gives the people two kinds of notes: 1. Those that ero not redeemed at any time and place. 2. Those that are redeemable, on de mand, lu tho other class of notes which nro not redeemable ot all. Both are heavily de preciated. That is pronounced the “best system of paper currency over devised" The paper currency which existed before tho War was by law redeemable on demand in coin. Xbo material difference between tho systems was not in the foct thot tho banks wore then incorporated by tho State* and ero now incorporated by tho United States, bat in tho fact that then tho notes were re deemablo in coin and now they are not’ aud tho Bepublican party of Illinois is put in the absurd position of nominating Blaine for President on a platform which declares an irredeemable paper currency the best that was ever devised, and deprecates any legisla tion that might 14 by any possibility ” cause a return to a system of paper currency re deemable in coin 1 lu striking contrast with this shinplastor screed, issued as the platform of Mr. Blaine by this Convention in Illinois, we commend to the real friends of Mr. Blaine, and to the Bopublican party generally, the declarations of the Itepublicans of other States. The Republicans of Minnesota declared on the same day— In favor of a pore, boneat, and efficient Govern ment, tbo preservation of an untarnished national credit; bard money or Ita equivalent, pnpor con vertible Into coin. Tho Republicans of Missouri, on tho same day, demand— A sound currency of coin, or paper convertible Into coin. Tho Republicans of Ohio, a few days ago, declared — Wo recognize gold a» the true alandard of values, nnd (ho only steady and aafe haalr for a circulating medium, and declare that the policy of finance ahould ho eteadily punned which, without nn* noccnary Injury to bualneM or trade, will ulti mately equalise the value of tho coin and paper dollar. Indiana stood alone in any questionable at titude on this question until the Illinois Plat form Committee raised its protest against honest money nnd specie payments; and tho absurdity of tbo business is Hint Illinois nnd Blaine should ho placed together upon a rag-money platform. THE SCOTCH PRESBYTERIAN UNION. The Tribune of yesterday contained the important announcement that a union had been effected between tbo General As sembly of tbo Free Church of Scotland aud tho Reformed Presbyterian Synod of Scot land or United Presbyterians. These two Churches have one in faith nnd nro now ono in name. It only remains for tho united Church to ally itself with tbo Es tablished Church to give Scotch Presby terianism an united front. A sketch of these two groat historical Churches will therefore be of interest, especially ns their union will undoubtedly pave the way to a union with the Established Church, tho faith of tho two being the same. Tho Free Church of Scotland was tho name assumed by tho seccders from the Established Church, who withdrew from it in 1843, and established a separate Church under tho leadership of Dr. Chalmers. There is no difference in tho standards of tho two Churches or in thoir laws. Tho same con stitution exists in each, tho same classes of office-bearers, and the samo gradations of church-courts. Tho only difference between them lies in tho question whether or not tho existing relations of the Established Church to tho Btato ore consistent with tho doctrine, held by each, of tho headship of Christ over His Church. Tho principal cause of separa tion grow out of the interpretation of this doctrine in its application to tho election of ministers. Tho rights and privileges of tho Scotch Presbyterian . Church wore se cured by tho Treaty of Union, and reserved from tho power of tho English Parliament. Five years afterwards, how over, in the reign of Anne, an act was passed restoring patronage in Scotland, tho tendency of which was to make the ministers depend ent upon the aristocracy, and thereby nullify Liberal influences. Dr. Chalmers nnd his followers mode tho distinct issue that no minister should bo thrust upon a congrega tion without its consent This issue was eventually brought to a settlement by the House of Lords affirming tho decision of tho Court of Sessions in favor of patronage. Thereupon tho Chalmers faction withdrew and established tho Free Church, which has met with remarkable prosperity over since. It now numbers 16 synods, 77 presbyteries, 9M congregations, and 9C7 ministers, and, at tho time of the separation, carried off about ono-half tho members of the Estob- Uabcd Church. The United Presbyterian Church, which has united with the Free Church, was constituted in 1817 by tho amalgamation of tho Secession and Relief Churches. Tho Se cession Church split off from tho main body because in 17H0 the Assembly enacted that in future no reasons of dissent ogainst tho determinations of church judicatures should bo entered on record. This attempt to gag congregations resulted in the formation of the Secession Church. Tho Relief Church was tho result of another secession owing to tho determination of the Assemblies that tho people should not kavo the right to elect their own ministers. Tho union of the two took place in 1817, four years after tho formation of tho Free Church, and as tho result of this union the United Presbyterians number ,'U prosby. tcries and 611 congregations. The recent union of tho United and Free Churches gives 108 presbyteries and 1,605 congregations, against 84 presbyteries and I,UOO congrega tions in tho Established Church, thus giving tho now combination tho numerical superi ority, leaving the membership of the Estab lished Church for tho first time in a miuori ty. As tho present Parliament has passed a bill abolishing patronage and giving congre gations voice in tho selection of their minis ters, there is now no point of difference between the now combination of Churches and the Established Church, —a fact which may pave tho way for a speedy union of tho two and the general consolidation of Prosby. torionism in Scotland. THE HAND OP THE WHISKY-RINO. IlesolveU, That the efforts of President Quant to purify Uio public service by a rigid enforcement of tho Internal revenue and customs laws, even to the extent of the punishment of prominent mem bers of his own political party, furnishes an ex ample of Executive efficiency and Impartiality for which o parallel may be sought In vain throughout the records of tho Democratic party, and while It has been the aim of bis Administration that no In nocent man should be convicted, yet It has been his especial order “Let no guilty man escape. Sixth plattk of the platform. This is good bo far as it goes, Tho plat fonn-mskcrs couldn't have given any excuse for leaving it out. The great work of tho Republican Administration—that which tho Republicans of Illinois desired in their plat form to warmly indorse, and which they de mand shall bo continued under tho next Ad ministration—is the purification of tho public service M by tho rigid enforcement of the internal revenue and customs laws.” Still tho platform-makers have most painstakingly labored to so word their resolution as to conceal the fact that Secretary Rnisxow had anything to do with this work of purification aud reform, or is entitled to any credit for it, and so that ho is altogether ignored. This resolution is on a par with such oa might have boon drawn up in 1805 thanking President Lincoln for all the glorious victo ries won by Grant, and giving Mr. Lincoln credit for tho campaigns planned and oxe cuted by Quant, which his splendid military genius crowned with success, and ignoring Grant altogether. Mr. Lincoln appointed Grant to command of tho army, counseled with him as to his plans, and supported and uphold him in carrying these out, and in fur nishing the men and moans necessary to their successful execution. Nevertheless, that did not blind tho American people to the great achievements of Grant, nor to the debt of gratitude they owed him,—both of which they did not fail to recognize end have ro warded. Rut it would have been considered a sueaking, cowardly stub at Grant to have given credit to Lincoln for all that both hud done. No less is this sixth resolution of tho Hpriugfield platform. It ignores tho fact that all other Secretaries of tho Treasury failed to grapple the whisky-hydra, and that Bristow alone had the courage to do bo, and the brains and (he grit to destroy tho monster,—just os McClellan, Pope, Buell, Burnside, and Hooker failed to van* quish tho Confederates, and Grant, l>y his genius and pluck, retrieved their disasters by his victories. - Bristow is tho Grant of tho campaign.against tho whisky thieves, nnd blackmailers, and Custom-House rings, and pnbllo plunderers, who have corrupted our politics nnd scandalized our free institutions. Whore all his predecessors failed ho has gono on courageously in that contest against thievery and corruption to conquer, nnd has done, and is doing, a glorious work in tho way of tho “ publication of tho public ser vice,” nnd of the whole political atmosphere, and of olovnting tho tone of public morals. Ho has not gono at it iu such spirit as indi cated by thophrasoof tho platform-makers as to tho enforcement of tho laws “even to the extent of tho punishment of prominent mem bers of bis own party.” Ho has not felt that it required any stretching of his sonso of official duty to tho very utmost in order to Lraco himself up to tho point of enforcing tho laws against stealing, against thieves who had stolen into prominent places in the Ropub lican party. 110 has succeeded in his contest with the Ring because bo bos made no dis tinction between such thieves aud other tbioves, and has dono tho party good sendee, as woll os tho country, by sending them to tho Fouitontiary. Thereby it was that ho won for himself the undying enmity of all tho whisky-thioves in ond out of the Penitentiaries, Tho studied attempt in this sixth resolution to ignore wholly his groat service to tho party aud to the nation but advertises tho spirit of tho 'Whisky Ring which is mani fest in that resolution, tho author of which, It must bo assumed, is identified with the Ring. That sneaking, cowardly at tempt to strike at Bristow, and through him at reform, was tho work not of tho Conven tion, in which thoro wero at least a hundred and fifty Bristow mon nnd two or throo hundred other delegates who were friendly to him, but of machine-politicians represent ing tho broken fragments of tho ‘Whisky Ring, who secured control of tho Committee on Resolutions, and sought to avenge them selves upon him for his ** rigid enforcement of tho internal revenue laws" “even to tho extent" of sending “ prominent members of his own political party " to the Penitentiary. The omission in tho platform of duo recog nition of his groat services in tho bampaign against corruption is rendered glaringly dis graceful by tho fact that it was tho work of tho machiuo-politicians and Whisky-Ring stem, dono for the express purpose of rebuk ing him for his warfare against tho Bing thievery and corruption. THE ARTI-CORKER RULES. The rccoat discussion of the direct trans portation question, as affecting the produce markets of Chicago, has led to & close scru tiny of the rules adopted by the Board of Trade in the hope of preventing corners. The result of that scrutiny is a conviction in the minds of many that the rules in question, though apparently fair, may bo made to servo tho special interests of ono class of traders, as against tho others. It has been shfcwn that tho buyer of a given quantity of grain or provis ions, to be delivered in somo future month, is expected to receive and pay for tho prop erty when it is tendered to him, whatever bo tho price then ruling in other markets. It matters nothing that prices in Now York have declined 5 or 10 'cents a bushel, so that he must Inevitably lose severely by shipping to the seaboard and selling it thcro. Tho trade is binding on him ; and justly so. In buying for future delivery he takes tho chances of profit through on advance, or loss by a decline, in prices, daring the time which in commercial circles is called “ the life of the contract.’' Tho man who sells the property for fntnro delivery has, however, three strings to his bow; two being In his favor, and only one against him. If tho market declines between tho time of tho solo and tho date that limits tho duration of the contract, ho can buy at less than ho sold for; and tho difference is his profit. If tho market tnrns upwards, ho is not bound to fill his contract,.provided ho can show that on tho day tho contract ex pires bo is not able to buy in tho said proper ty at its roal volno as determined by refer ence to what it is worth to ship to other points, ot tho then current rates of freight, or for manufacturing purposes in this city. Ho may have had several weeks’ or months’ time during which ho could have covered tho transaction with a profit to himself, but risks tho chances of tho commercial battle by wailing till tho last minute of tho last day. It Is truo, tho rules of tho Board of Trade provide that under such circumstances tho seller shall, if the Committee of Arbitration so decide, pay damages to tho extent of 6 per cent of tho contract price; but tho pen alty is not always imposed, and, if imposed, would not in oil coses bo sufficient to reim burse tho buyer for his actual loss by tho (non) transaction. The consequence is that an operator who buys a large lot of produce, ot different prices, at different times, intending to ship it, Is placed at adecided disadvantage. Suppose ho agrees to-day to forward 200,000 bushels of corn to a correspondent in England, dim ing tho month of August. Ho buys 100,000 bushels this week, “seller August," at 470. Next month ho buys 100,000 boshols at 05c, tho market having advanced 8o in the meantime. When tho timo comes round for delivery tho market here is 050, and tho corn is worth Mo per bushel to ship ot tho then current prices. If all wore delivered to him, its cost would average him 510, giving a profit of 2o; but tho 100,000 bushels of high-priood corn is de livered to him ; and he may whistle for tho rost, though he has hod nothing to do with tho advance of the market to 550 in Angust. This is no fancy sketch, except that wo have not quoted actual quantities and prices. More than one case of this kind has occur red since tho last revision of the Kulcs of the Board of Trade,—the chief object of which was the protection of short sellers against unmerciful squeezing on the part of corner operators. It cannot bo disputed that some such pro tection was needed —os the corners of the past were commercial nuisances, if not crimes; but the protection should not be all one way. Tho buys tho produco of the country has some rights, ond ought to have some other chances than those embod ied in tbo declaration: “If tho market goes down 1 lose; if it advances 1 gain nothing.” The rule of trading long since adopted on the French Bourse seems sowed calculated to meet the difficulty, and is so palpably fair that it is a wonder our Board of Trade has not ere this adopted it,—either with or with out modification. That rule is to the effect that either buyer or seller may prevent the transaction from involving a loss of more than 10 per cent of the contract price by de claring it closed at any time daring the life of the contract. The adoption of snob a rule would be a shield against abso lute min (unless to the reckless trader) from violent fluctuations in the market, whether real or artificial. The matter Is respectfully recommended to tho consideration of tho Hoard of Trade ; not only as its members are directly Interested, but as they represent tho vast and important produce and mercan tile trade of the groat Northwest. If this plan bo not acceptable os a solution of the difliculty there is one other which might be found effectual. It is this : Make every oontract inviolate, and let tho Hoard expel every member who is found guilty of “running a corner.” FITZHUGH AND HIS BUDGET. Tho “ higer man than old Giiant,” who was recently ousted from his position as Doorkeeper of tho House, docs not take his ousting in good temper. It is hardly to ho expected that he would. One docs not like to have tho cup dashed from his lips just as ho begins to taste the intoxicating draught. Hero was poor Fixznoou, just beginning to realize that ho was 14 a blgcr man than old OnANT.” Tho boy had just commenced to take his hat and coat, The Democratic mem bers wore just beginning to lionize him, to break for him every time ho went on tho floor, and to pull him by tho coat-tail (bis way aud that. His “frolicks" with tho members and Senators had but just begun. Cox's affection for him was in its 44 worm" vernal bloom. He bad token tea with the Kerrs but once or twice. Tho spanking turnont had not pranced about Washington but a few times. Ho was just getting 44 comfortably fixed," Fay was beginning to have a good time, and tho friend from Texas had hardly arrived before poor FiTznuan is notified bo is no longer wanted, and, like Wolsey, bo must bid a long farwell to all his former greatness. And why ? Simply be cause ho wrote a letter and people laughed at him. Of course ho is just os much a repre sentative Democrat os he over was. Ho is just os much a Democratic reformer as over. There was uo objection to Lira on this score. Tho Democrats havo known all tho time that ho was under indictment for arson, stealing bed-quilts, and other little irregularities. They know it when they appointed him. Mr. Cox knew it when ho grow so fond of him. Tho Kerrs know it when they invited him to tea. All Washington know it ns ho rolled through the streets with his spanking turnout. Tho Democrats, however, could stand all this. These little peccadilloes were not obstacles in tho way of Democratic re form, nor did they disqualify a man from being a good Democrat, especially a man from tho Sonth, where indictable offenses arc apt to bo taken ns characteristics of chivalrous manhood- Hut that the Demo cratic Doorkeeper should write a loiter, and that tho writer should be laughed at, and tho letter should bo langhod at, and the party which appointed him should be laughed at, was a mortal offeuso. Therefore was poor Fixznuou ordered to quit. He is no longer “a bigor man than old Grant." Tho boy who took his hot and coat even laughs at him. «*. Cox has proven faithless, and his affections are bestowed upon a now Doorkeeper. Tho Kerrs’ teapot no longer sings for Fitzhdoh. Tho spanking horses dash proudly by poor peripatetic FiTzuuon, wearily trudging on foot, and Fat grows seedy. It is a sod thought that tho friend from Texas may have forgotten to bring tho S4JOO$ 4 JOO with him, and that he and FiTznuan are subsisting on froo lunches, and putting their heads together to see how they will return to Texas. FrrzHuan, however, is a man of spirit, lie may have to be sacrificed, bat some oao will pay for it. Daring the short time he was Doorkeeper it is evident that ho did something else besides frolicking with the members, sapping with the Kerrs, and hob nobbing with Cox. He was laying up something for a rainy day. Ho evidently feared there might come a time when his services as a Democratic reformer would no longer bo appreciated, and that time hav ing now come, ho is determined that the other reformers shall pay handsomely for ousting him. It appears that other Dem ocrats have boon writing letters and doc uments; that ho has those loiters and doc uments ; that they ore of a scandalous and incriminating naturo ; and that ho is prepar ing to unload himself of them. That Is right. Wo trust ho will, and for that purpose wo tender tho columns of Toe Tribune to him. Wo have always had a friendly interest in him, and, now that ho is of low cstato and stripped of all his honors, now that old Grant is “ a blgcr man " than ho, wo feel moro than over interested in him. It is his duty to lot tho world know what those men have boon doing who refuse to “ frolick " with him any longer. Unload, Pixznuon. Mayor lloynu states both correctly and forcibly tho position of the present adminis tration with reference to tho outstanding city certificates in a telegram which ho sent yes terday in reply to a Boston broker, and which wo print in another column. lie disavows bluntly any intention on tho part of anybody connected with tho City Government to re pudiate tho payment of any part of these certificates. At the same time he points out that they woro issued in violation of the constitutional limit of tho city debt, os construed by the courts, and says that tho lato City Government has loft no money wherewith to redeem these certificates at the present time. Ho also says that the present Government will not take up the certificates unlawfully issued by other certificates whoso issue would bo equally unlawful, but will fir a definite time in tho future for their payment, and will provide for it from tho means that can bo lawfully used for that purpose (the uncol lected taxes of former years) and specific ap propriations to meet the deficiency. Tho only point on which we differ from the con clusion that seems to havo been reached by Mayor Hants and the Finance Committee of the Council is in regard to tho term of (ho postponement. Wo think it will not be accessary to put it off three years, if, in the meantime, these outstanding certificates shall bo token by tho city in payment of taxes for 1872 and previous years. That course, which we commend in another orti do, will bring in a large part of the certifi cates, and assist efficiently in (he collection of the back taxes out of which they should be paid. A sharp politician of this city, who attend* cd the State Convention, and poked his nose into about all the secret understandings of tho machine politicians that managed mat* tore, says, confidentially, that of tho forty* (vo delegates selected to Cincinnati twenty* five con be depended upon to vote for some other man than Blaine, and tho other man is not Bbibtow. He says that anti-lILAiNB platform was not the work of accident or ig norance —that tho individuals who invented it know what they were about, and intended to rebuke Blaine for defeating the Force bill and making up the Wuuuat-Louisiana Peace Policy Committee and the Anli.Carpet.Bafl Committee for Arkansas. He would not nn whether the twenty-live machine delegate, were for Conrmno or Mon-row, but there woa a Now York Custom-House officer in attend, once at the Convention, and a good many Monro* men from Indianapolis were also there, and all worked like beavers to prevent the passage of any resolution instructing the delegates for Blaine. A largo crowd wanted a resolution of instructions passed, but none was offered. It is hardly possible for a crowd of p or . sons at a political gathering to catch io exact moaning of a so-called “platform” rapidly road off and put to vote without ex planation or discussion and declared carried. Not one in ten really comprehend tho as. sertions and declarations of tho resolutions read on such occasion. It Is for this reason that wo are not disposed to hold to very strict account Mr. S. M. Cullok, the R O . publican nominee for Governor, for tho fol. lowing remarks in his exuberant speech accepting tho prospective honors conferred upon him: It In scarcely necessary, or expected of me, that to-day I should engage In an attempt to elucidate tho principles of tbo present campaign. If the admirable platform which you havo adopted, and to which I subscribe In all Us length and breadth wero not sufficient In Itself, those principles writ’- ten all over the history of tho nation In Indelible and glorious characters through the past fifteen years would surely be. When Mr. Cdllom, next day after getting over tbo exhilaration of tho occasion, came to see tho mess of treacherous trash in cold typo, he must havo folt a little chilly, and wished ho had not 44 subscribed in all it* length and breadth ” to the anti-ULAiNB rag baby and bloody-shirt doctrine. His well wishorp will not bold him responsible for the gush underthocircumßtanccs,buthiß political opponents may not bo so lenient Mr. Wilson, of the Journal , who was ono of tho Platform Committed and bad tho wool pulled OTer his eyes, Is trying to explain away tho moaning and intent of that job of joiner work. Hosays: “It isnot true that the platform declares for soft money. It favors a sound currency, expressly deferring to the Cincinnati Convention in regard to tho best way to bring about resumption." Wo search tho platform in vain to find any hint that it favors any plan to bring about resumption. Tho author of tho rag-baby plonk thus in terprets tho meaning of tho fifth resolution: On the currency the platform, while speaking In favor of n faithful discharge of all our national ob ligations, opposes any change in tho currency which shall substitute pretended specie bank paper under old forms for the present Treasury notes, and declares that in greenbacks the Tlepublican party has given the nation the best currency it has over known. This doos not sound much like hard money or rosumptioa in any form or any time. The proprietor of the Journal , who is a rosump tionist, and believes in spools payments, was overreached and bunkoed in tho Committee. Unless something now unforeseen shall provent, tho five Jndges of tho Circuit Court will sit in banc next Wednesday to hear tho arguments in tho contest which Mr. Colvih has brought for Mayor llorNE’s place. Tho city is to bo congratulated upon the prospect of a speedy decision in tho case, os tho pres ent complication undoubtedly embarrasses tho work of reform which Mayor lloyne and tho new Council have inaugurated. All pub lic business is more or loss impeded, and many projects for tho public good are held iu suspense pending this decision. All the lawyers in the case and tho five Judges should unite in providing tho earliest possi ble decision, which it is agreed ou both sides shall bo regarded as Huai. The welfare of tho city demands unusual exertions on all sides to bring this about. The Illinois resolutions go beyond the mere mat ter of resumption, uml pronounce against the old Slate bank policy. This mav accm at first to bo superfluous, but It won really a very wise oct.*- Chicago Journal. People will differ as to the wisdom ot tho act. The “old Slate bunk policy” was to redeem notes In coin on presentation. This was done by New England, New York, Ohio, Indiana, Vir ginia, and Louisiana banks for many years. In some of the States tho laws were defective In regard to tho security the bonks were required to give for tho redemption of their notes. But the Intention of the laws was to exact coin re demption for all bank notes. It Is that which constitutes the distinguishing feature between the existing system and tho old State systems. The present one docs not require coin redemp tion,—nothing hut scrip redemption,—and the platform fiercely condemns “any legislation which might cause a return to tho system of paper currency In existence before tho War," i. e., redemption of notes In coin. Brains In his recent speech In Congress strenuously Insisted upon a speedy return to specie payments, and condemned tho whole rag-baby policy, which tli# Illinois plank defends and would eternize. This is going beyond the mere matter of resumption with a vengeance. Victoria, Queen, and Empress oflndla, may now realize that she mode a mistake in not hav ing assumed, us the London Thntt advised her to do, tlie title of Padishah instead of Empress. Padishah signifies Sovereign of Sovereigns, and was precisely the title to make Impression upon the imaginations of her Easl-Indhm subjects, who know nothing of Empresses and such. But Padishah wouldn’t have placed her daugh ter Beatrice on a par, according to the Court code of etiquette with her sister, Her Imperial and Royal Highness the Crown-Princess of Prus sia, and her slstcr-In-law, Her Imperial and Royal Highness the Duchess of Edinburg. Now, Victoria, having discarded whut, in the estimation of her Indian subjects, would have been the highest possible title, the native mter of Afghanistan, which adjoins British India, lias himself appropriated tho title of Padlsliali, so os to outrank Her Royal and Imperial Majesty. Mr. David Brakery, In a leading editorial la the St. Paul /’.-A <fc T. t says in regard to tho Miss Sweet charges against him: lie has been grossly maligned, uml that the cur rent statements of the nature of his transactions with AUssHwkbt nro a tissue of falsehood from be ginning to end. with tho single exception of (he culpable fact at the bottom of iho whole nllalr that he agreed to accept a pecuniary consideration for resigning his ofllcu. Though he behaved this at the time to be as Innocent a transaction as the transfer of any other prollluble business, the and Tribum does nut bold It to b« the less Inde fensible because it Is a very common proceeding amoug office-holders; hut wo are sure that a full and Impartial investigation, such u he demands, will wholly acquit Air. Ui.skbly of any such un fairor dishonorable treatment of UUs Swurras has been charged upon him, and will show that, on the contrary, he treated her with great kludueos and generosity. Secretary Bnmow, according to his owa statement, don't propose to get nervous over It. lie said to the correspondent of the Detroit JVeuu who lutcrricwled him concerning his Pres idential candidacy: “It Is a subject I cannot talk about. If people give themselves no more thought or uneasiness regarding that matter than I do, they will not lie awake nights about It. That is a matter which 1 propose to let take core of Itself." Tho Democratic Convention In tho Nineteenth Congressional District of this State, now repre sented by W. B. Andbkson, the gretmbatker, have nominated It. W, Townsbnd, of Gallatin County, and declared In favor of a speedy re* turn to specie payments. Following tho lead of Robbbt T. Lincoln, the sou of President Lincoln, Ultssbs S. Guant, Jr., sou of President Qhant, has been admitted to the Bar, and entered upon the prt>

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