Newspaper of Chicago Daily Tribune, May 30, 1876, Page 4

Newspaper of Chicago Daily Tribune dated May 30, 1876 Page 4
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4 83$ Qfttam*. TERMS OF SURSCRIPTION. rAtAntn m advance— postaob rnnrAiD at ’ Tina omen. Dally Edition, postpaid. 1 yenr I’nrtsof yenr nl same rate, Mnttrfl to nny ndrtreM weeks for Hominy Kdltlnnt Literary find Kollrloiis Double m ni-wcckYyr^^VimiiV/VjTiifi«.«» I'nris of yenr ntumnmlr. WRRKI.T EDITION, I'OMTPAin. One cony, per year flu I* of dvr, percopy Club of twenty, per ropy Mo The postage Is 13 rents n yenr, wlilcli wo will prepay. Kperltnen coplca sent free. To prevent delay and mistakes, he sure find give Post* OPlec address In full, Including Htnte mid (,'oiinly. Remittances may he made either hy drafl. expresa, roat'Ofllcn order, nr In roßlstcred letters, at our risk. ▼rums to citt stirn'cnmcu*. JlMly. del? icrcd, Sunday excepted. rent* por week, pally, delivered, Sunday Included, 30 cents per week Addrcwi TUK TllinUNK COMPANY". Cottier Madison and Dcarlmrn-st*., Chicago, 111. AMUSEMENTS. Jlnoley’s Theatre* Randolph street, between Clark and LaSalle. "Roto Mtvtiel." New Tlilman Theatre, Clark nlrcct, between Randolph and Lake. Ilouleya' Minstrels. YVomPii Mmhimiiii. Monroe street. between Dearborn nud State. After noon, rim Cnlmtu-y Corner" and "Loan '>r n Lover." evening. Frank K. Aiken In “ThoTlckcl-of- Leave Man." Vnrwcll Hull* Marttson street, between dark and LaSalle. Concert by the Clennnn Military Hand. TUESDAY, MAY SO, 1870. Greenbacks nt the Now York Exchange yesterday dosed at 88J. .The Republican Convention of Louisiana meets to-day nt Now Orleans. Following the unfortunate habit of tho citizens of that Klatc, nearly every parish (county) will bo represented by two sots of delegates, about equally entitled to places in tho Convention. A bolt will probably ensue, and the squabble eventually drag its unwelcome length into the national body of Republicans at Cin nali. Tho same dispatches which announce tho discontinuance of Theodore Thomas’ con certs through an almost entire absouco of patronage herald the retention of Jubilee Gilmore as director of tho slam-bang “mu sicud ’’ feats to ho performed tho Fourth of July. Tho cars of tho Centennial ground lings must bo split with tho Bostonian chord in many guns, with sky-rockets la Ursa Major. That’s flat. At tho close of Harney’s testimony, Speaker Knnu put in a general denial under oath of the charges against him, staling that ho was not conscious of over having seen Hahsev before, and was positive ho had never received him in his room. It will bo the policy of tho defense to impeach llak kev’h evidence, and Mr.’a friends are said to be confident of cstablishiug his in nocence and of proving that tho witnesses against him have been guilty of perjury- Gen. Sheridan’s orders from Gen. Sher man to afford protection to parties returning from the Black Hills aud to parlies engaged in transporting supplies thither are likely to Vo called into execution at once. Tho dis patches this morning recite that more par ties arc leaving every day than arrive in a week, and that largo numbers of hostile In dians are hanging around ready to attack whenever a good opportunity offers. All tho young warriors havo left tho Red Cloud Agency to join Sitting Bull in tho North, nud the indications are that tho troops mov ing in that direction will have to contend against tho whole war force of tho Sioux. Tho citizens’ mooting yesterday, with con siderable unanimity, adopted a series of reso lution advising that all tho outstanding cer tificates bo called in, and (hat the holders bo requested to extend tho time of payment of the same for n period of one, two, and three years; also, that for tho certificates maturing on the Ist of June there bo arrangements made with tho holders for an extension, or, failing in that, that tho banks of tho city be requested to take up such certificates. It was further recommended that to pay these outstanding certificates all tho uncollected taxes bo pledged, except so much ns may' bo necessary to pay tho interest on tho funded debt. A counter-proposition to renew the old certificates by tho Issue of now ones was voted down. Tho viciousness of tho certifi cate system seems to bn generally conceded. Ex-Comptroller Hayes had tho bad taste to send to the Common Council lost evening a letter embodying his views on the question of certificates and bis objections to the plan adopted by tho conference of citizens and city officers in tho morning. Mr. Hayes’ letter contained two assumptions notin ac cordance with tho facts—first, that ho is Comptroller of tho City of Chicago, and, second, that ho alono is capable of managing tho city finances and of preparing “ u perfect plan of administration.” The first is Us jwulcns ; the second Ims hoensuttled irrev* ooably in the negative. Tho Council very properly declined to receive the communica tion, and signified its estimate of the ox- Comptroller’s views by voting in direct op position to them—by adopting the plan agreed upon at tho morning conference. After two weeks of discussion and debate Die Senate Inst evening reached a final vote on tho question of jurisdiction in tho Kel k.vai 1 case. Tin) decision was in tho affirm ulivi!, tbo Senate determining by n vole of 117 t« li!) (Jmt it can exercise jurisdiction. Tho question was not made a strict party issue, several Itopublieana voting yon, and about an equal number of Democrats Toting against jurisdiction. Tbo settle ment of this question is regarded ns indicative of n protracted session, un less the Democrats in the llouso will consent to tbo postponement of tho im peachment trial until autumn, which they are not likely to do, as they count upon tho lii’LßHin impeachment os an important cum jmign auxiliary. It is therefore probable that tbu project of an early adjournment will bo abandoned, and that, aftor u recess cover ing tho two National Conventions, Congress 4rill hold a continuous session throughout tho summer. Tho Chicago produce markets were gen erally active and lower yesterday, provisions being very weak and grain easier. Mess pork was r»s<£Lßoe per brl lower, closing at §18.55 for Juno and §18.77j for July. Lurd was 10(w*j5o per lUO lbs lower, clos ing at § for Juno and §11.30 for July. Meats were per lb lower, at Cjo for boxed shoulders, for do short riba, aud Ujo for do short clears. Lake freights were more active, at L J )c for wheat to (iuffulo. Kail freights were dull aud un changed. Highwiucs were firm-, at §I.OO per gallon. Flour was in light demand and steady. Wheat was active and closed lo lower, at $1.07 cash and $1,073 for July. Com declined )c, closing at 4'>Jc for May and 4:itc for Juno. Oats declined closing nt 2S)c for May and 2Hjo for Juno, llyo wav firm, nt 70@70)c. Harley waa irregular, closing at 70c cash and r>\(a'o'iO seller Juno. Hogs wore dull, and closed weak nt lli@2()o decline. Cattle woro inactlyo and weak, with sales at $3.00(5)4.00 for poor to choioo. Sheep were in demand at Saturday's quota tions, —$fl.7rttS)r».r)o for choice. One hundred dollars In gold would buy $112.87) in green backs at the close. .$1.1.00 A licftvy shrinkage in provisions lifts been going on during tbo past two weeks, prices having declined about s2.r>o per hrl on pork, 2cents per pound on lard. cents per pourfd on meats, —an average do creftso of about Id per cent. Horlous losses have resulted, though up to this time but three failures have occurred. The fear of a general collapse in tbo market has ramie it weaker than it otherwise would have been, the effect being to increase the number of those anxious to sell. There is, however, good reason to believe that the worst is over, but not much promise of an immediate improve ment, ns the break in prices appears (o have intiuenced formers to burry forward their hogs rather than risk a further decline. Ex perienced and cautious operators had for some lime regarded prices ns too high for safety, and had bold aloof, and the decline has seriously hurt only tbo more venturesome aud speculative parties. It is believed that tbo consequences to tho trade will not bo more disastrous than they have been already. There is something very dreadful in the directness and circumstantiality of (ho story told by Harney relative to his having paid .Speaker Ki:nn $l5O during the Johnson Ad ministration to secure the appointment of a •man named Green, of Now York, to tho army. Mr. Kean has always enjoyed the reputation of an honest man, and his dee* tion ns Speaker has been regarded as the fairest thing which tho Democrats in Con* gross have done. If ho bo successfully im peached as n Congressional bribe-taker and office-broker, his downfall will be as much of n national disgrace na was that of Belknap. Wo have no desire to make party capital out of this affair. Wo sincerely hope that Speaker Kerr may bo able to vindicate him self; but the conviction is almost forced npon us that ho took tbo money. Tho story which Harney tells is too explicit and straight forward to pass for an invention, and thcro is on absence of nil reason or mo tive for inventing it. Ho says that Ghees paid him (Harney) §llO first, that ho (Harney) added $lO to this, that ho handed tho $l5O to Kerr, who put it in his pocket, and that Greek, after ho got his ap pointment and had gone home, remitted Har ney the $lO ho had added. Hr. Kraut's friends claim that Hahncv, having represented to Greek that ho had paid tho money to Kerr, now swears it through to protect himself. As against this, it will 'bo regarded us strange that Knar, should have gone outside his own district and State to make this army appoint ment efter his first appointment hod failed. Yesterday Harket gave his evidence in tho presence of Kerr, and never wavered, though subjected to n searching cross-examination. Haunf.v, it appears, is not a voluntary wit ness, but has been reluctantly compelled to toll tho story, and, unless Mr. Keuu can find seme menus to demonstrate that he received no money nt that time, and that llahney is unworthy of credit, wo do not see how Con gress cun decently avoid tho duty of expel ling their Speaker,—a national disgrace with out precedent. BLAINE AND HIS ENEMIES. It has been the boast of Christian civiliza tion that the groat American people, after a desperate war of four years, iu which tho sacrifice of lifo and treasure was unprece dented, rc-cstabllshed tbeir Union on a more enduring basis, returned an army of a mill ion of men to the pursuits of pcuco, and put their free institutions in full operation with out the taking of one human lifo, or tho con- Gscation of a dollar’s worth of property, as punishment for tho rebellion against the Government. It was a grand triumph of pence, humanity, and national fraternity over all tho fierce passions and hatreds which are the natural product of a civil war. It has been one of the proudest events in tho history of tho Republic that tho moment tho defeated army Lad laid down its arms tho wholo American people instantly became united, and that neither courts nor Kcatfolds were called upon to punish oven the great est of tho ninny traitors. There was not a stain of blood upon tbo white banner which Peace unfurled over tho again united Ameri can people. Tho nmungern of tho Into Republican Con vention iu this State have put forth, in tho name of tho Republican party, tho extraor tVmnrydcclaralion “tbatthopolicyof leniency by the Republican party toward tho people recently in rebellion against Federal author ity has resulted In tho death by violence of at least n,()00 Unionists, white and black, since tho commencement of tho present policy of reconstruction,” and it is but proper that the false, malicious, and scandalous statement should be denounced and rebuked. The Tiiiuune has done so, and the men who practiced Unit fraud charge that The Turn uni: is acting under tho mortification that Rlainc, ami not Rkjktow, delegates were selected by the Convention. Tin: Chicago Tiuudnb has expressed the opinion that, tuldng all things into consideration, includ ing civil-service reform and tho certainly of succors, Mr. Rnisi'ow was the most eligible candidate proposed to the Cincinnati Con vention. We have regarded his nomination ns the most advisable, because there would be no defense necessary in ids case. His own name and record aro their own defense, and put assault at defiance. His personal* and olllcinl integrity is known to tho people, wbilo his abilities are conceded universally. Wo have not opposed Mr. Rlainb. We hnvo regarded him asouo of tho two candidates who were to ho preferred to all others, and if Mr. IbuuTow appeared to us to be the stronger and more advisable person to nominate, wo by no means considered that it would bo im possible to rally a majority of tho American people to the support of Mr. Blaine. Wo have regarded that iu certain pivotal States, such os Ohio iu October and Now York iu November, Mr. Rmstow would place success beyond doubt; but wo have never thought that with Mr. Blaine there would lie peril ous danger of defoot. Hu Is u man of largo ami liberal views, a great favorite with mul titudes of people, widely known and ad mired, a.conspicuous man iu (hohiutoiyof tho lust fifteen years, an admirable executive officer, a warm-blooded, genial, and expo rieuced statesman, who would adorn the of fiee of President. Tub Chicago Tiuuunk will cheerfully and enthusiastically support him if he be nominated at Cincinnati, Tho very however, which com mend Mr. Klains to the American people THE CHICAGO TRIBUNE: TUESDAY. MAY 30, IB7G arc, that from first to last ho has been a strenuous supporter of that “policy of leniency" which the recent Convention so flatly denounced. Ho has supported all the measures of reconstruction. Aided largely by his efforts, each one of tho Itchol States has been restored to self-government, brought back within the Union, and the people re habilitated In political power. Ho has formed every amnesty bill, and the latest and grandest effort of his political life was a ten days’ struggle to remove every political dis franchisement resulting from tho Rebellion, except in tho solitary instance whoro tho subject had forfeited human respect by his cruellies lo prisoners of war. Mr. Rlainb has won a warm place in tho hearts of right thinking people by his opposition to Force bills and civil Governments adminis tered by men with bayonets. Ho has loft tho “ bloody-shirt" to Ilim.Eß and tho car pet-baggers, and addressed himself to tho work of peace and reconciliation, tho rebuild ing of a harmony between tbo mcos, and tho cstabliahmont of Governments sustained by tho popular sentiment. Tho statement that this “policy of len iency ” has resulted in tho murder of 11,000 persons is a libol on tho Republican party. It is a falsehood of tho roost glaring charac ter, and known to be false niton written, for a purpose, in this platform. It was a mali cious libel upon Mr. Ri.aine and tbo Repub lican party, by whom that policy of leniency has been sustained. Instead of that policy having produced tho murder of 15,000 Un ionists, it has spared tbo country the contin uous massacro incidental to an internecine war of races. It has mitigated hatreds, has broken down prejudices of long standing, has reconciled violent differences, and pro pared tho way for an eventual peace and concord all through tho South. It has res cued tho Southern States from an intermina ble domestic strife of tho bloodiest charac ter, and has established penco and order and safety to life and property all over tho once disordered States. Mr. Hlaike is largely re sponsible for this policy, and tbo resolution of tho Convention denouncing that policy as resulting in murder is a mean and malicious stab at tho mnu who gave i>coco and good Government to Louisiana and Arkansas. Tho allegation that a,OOO Unionists have lost their lives by violence is of itself grossly and wildly exaggerated. Thcro havo becubut few battles in tho world’s history where one side has left 5,000 dead men on tho field. In tho battle of Waterloo thcro were not more than 5,000 men killed in action. At Gottys burg, which terrific struggle lasted three days, neither side loft 5,000 dead men on tho field. At bloody Chickanmuga tho Union loss in killed fell short of that figure. How absurd, then, to declare in a platform that 5,000 Union men have been killed in tho South in neighborhood fracases. But since when? Certainly not since tho Wheeler com promise in Louisiana, when tho “ policy of leniency ” was fairly inaugurated,—not a fiftieth part of 5,000. Tho Convention as a whole was in favor of Blaine, hut the authors of this platform did not want Blaine ; Uioy were in tho service of another person. Not daring oven to men tion the name of their employer, they formed (his platform to denounce Blaine, and to exalt tho man whoso principles and policy that platform fitly represents. WHERE THE REAL REPUDIATION IS. In endeavoring to spread abroad the im pression that tho now City Government con templates tho repudiation of the outstanding certificates of indebtedness, tho Colvin gang have been actuated by two ignoble purposes. One is to hamper and embarrass Mr. Hoyne’h administration by every pos sible moans, and defeat his efforts to reduce expenses by lopping off useless officials and extravagant departments. Tho other is by raising n hue and cry to divert public atten tion from tho only real, practical repudiolion which has appeared, and which tho Colvin gang havo commuted in the most shameless and heartless manner, viz. : tho repudiation of tho debts duo to the employes of the city for services since December last. Tho Colvin administration left n debt of this kind of not less than $1,000,000, without any provision for its payment, and without axy concern for tho suffering that has grown out of it. During tho six mouths that this debt has been accumulating, some $1,1100,- 000 of taxes havo been collected by tho city, and not one dollar of that amount has boon paid out to the men who have protected the city from fire and plunder, who have guarded its bridges and public works, and who have enabled it to keep its schools open. Mr. Hayes has been engaged all this time in “shinning” and “kiting” to sustain tho credit of tho city, forsooth, which, like some bankrupt speculator, Ims paid off one nolo by giving another, and meanwhile has supported his usual “stylo” at the expense of unpaid cm ployos. Tho new City Government does not pro pose repudiation in any form, but it does propose to abandon tbo “shinning” busi ness, aud also tho inhumane policy of with holding wages for months from a class of people who sorely need their pay as fast ns it becomes duo. Tho only people who are asked to wait for their money are those who invested their money originally to draw in terest, and who will bo abundantly able and entirely willing to keep it invested a while longer in the same securities. Even this de lay would * not have been necessary if tho Colvin administration hud collected tho taxes and husbanded Us resources. But Ur. Colvin, with tho assistance of Mr. Hayes, has consented to a repudiation of *lll6 wages due to employes. No orrangemout has Leon made to pay these poor men any interest on tho money due them. Their credit and their ability to live without getting the money due them are things that have not troubled the late Mayor and tho Comptroller, Police men, firemen, school-teachers, bridge-tend ers, clerks, laborers, and city employes of every description, have been mortgagmgtheir personal effects, have been pawning their keepsakes, have been paying usurious in terest, havo been sold out, havo been left without money to buy food, clothing, or medicine,—and this is what Mr. Hayes calls “ sustaining tho credit of tho city.” Wo call it repudiation of tho worst description, and all tho shinning in tho world won’t wipo it out. Thu simple condition is that tho Colvin gang have left tho city in debt over §0,000,- 000, and not a dollar to pay it. In tlds emer gency tho payment of a largo part must necessarily bo deferred. Tho new City Gov ernment has wisely and humanely decided to postpone that pari of it for which there are outstanding interest-bearing evidences of in debtedness held by persons who would seek a similar investment for their money if they should receive it; and to pay first those debts which have long boon duo for services, which are not represented by notes or certificates, which bear no interest, and which are due men who are actually suffering for tho want of their money. Judged by ordinary bus!- ness nxporiouco, tlio credit of Chicago will bo much bettor under snch a policy then it has been while tho city was r.o notoriously hnrd up tlmt it could not pay tho clamorous cm* pioyea, nnd wont shinning round tho coun try to take care of its outstanding paper. Tho only actual repudiation there has been in Chicago is that practiced by Messrs. Colvin nnd Hates, which tho now City Government proposes to abandon. BLAINE OB CONKLINS! Tn the Editor The Tribune. Horn |*i,and, 111., May 27.—Would yon plcn"e Plato Uiroimh your paper In what rouped Mr. llijusr N superior to Mr. na n pUlop* man? !pcc.w between the two men you slroiiKly prefer tbu former ah o cnndlilnto for the Prenblen cy, while many hero wnsblcr them very almllnr— both very able men nml lament, but would eland and »tt the Government ewlndlud out of It* bud dollar without doing a tiling or mining their voice to prevent It, If they thought It would hurt tholr party or llioniflelvcH. Ilnisrmv In the only man In whom tho people here have any confidence na n re former. Respectfully yours, A ItEi’unucAN. Ueplt. —While wo fully agree with our correspondent in the conviction that Mr. IbtiSTOw is tho best man at the present time to command tho confidence of tho honest masses, nnd to cxcito their enthusiastic sup port almost without lllstinctiou of party, wo cannot admit that either Mr. Conklinu or Mr. Blaine “ would stand and dec tho Gov ernment swindled out of its lost dollar With out doing n thing or raisjug n voice to pre vent it,” oven for partisan or personal con siderations. This is going altogether too far, aud nothing in tho public career of either gentleman warrants so broad mid sweeping an assertion. At tho same time, it is plainly apparent that Mr. Bristow would receive tcus of thousands of votes throughout tho entire country outstdo of tho Republican party which will not bo given to cither Blaine or Conklino, because ho is actively, practically, and energetically identified with tho work of reforming tho public service, nnd beenuso tho people of the country, inde pendent of party, are demanding this work in preference to everything else. As between Plains and Conklino it is an easy matter to define tho preference of Tun Tuidune and of tho Western people for tho fonner over tho latter. Blaine is a national man, Conklino u sectional man. Plains was born and raised in Pennsylvania, lived for a long time in Kentucky, is now a resi dent of New England, and is intimate with Western men, and familiar with Western character and interests. Conklino is a haughty, exclusive, and selfish New-Yorker, who in his entire public career has failed to develop any broad comprehension of tho di verse interests which make up so largo a nation, extending over so largo n territory. Ho has been n persistent opponent in tho Senate of legislation in tho interest of tho West. Ho opposed to tho last.tho proposi tion to make certain Western cities ports of entry to facilitate direct importation at interior points,—which was utterly selfish and sectional. There is no charge of this kind to lay at tho door of Mr. Blaine. On tho contrary, while Speaker of tho House, ho was so broad and liberal in his views to make him equally as popular among Western members as among tho members from Ids own section of the country, and this fact has greatly contributed to secure for him so large a backing in tho West as shown in tho State Conventions. Mr. Conklino is also ono of the “ bloody sblrt” men. Ho is in favor of treating tho Southern States ns conquered provinces, and not as an integral part of tho American Union. Ho would sustain tho rulo of tho Republican party at the South by tho bay onet, and would let tho carpet-baggers waste tbo substance of tho Southern people and de feat their efforts at recuperation if tho votes of these Slates could thereby bo retained for an Administration. Mr. Blaine, on tho con trary, has no sympathy with this kind of politico. It was under Ids Speakership and by tho Committees ho appointed that tho Louisiana and Arkansas complications were straightened out. He was mainly instrument al in defeating tho obnoxious Force bill which Mr. Conklino had done so much to socuro, and which, had it become a law, would havo rendered the defeat of tho Re publican party tho North, if not at tho South. Mr. Conklino was instrumental in tho shameful net of deposing Mr. Svuner from tho Chairmanship of tho Senate Foreign Committee, as a punishment for Mr, Sum neii’h refusal to join in the support of Bau cock's Sun Domingo annexation scheme, and there arc friends and admirer i of Mr. Sumneu nil over tho country who will not forgive Conklino for the wrongful part bo took in tbot matter. Kor do tho people of the West care to elevate tho Gamebon family on tho shoulders of Mr. Conklino, nor Mr, Conk lino on tho-iihouldorsof the Cameron family. They do ne t approve of any such trade as that which scorns to have given DonOamkuon his seat in. the Cabinet. For tho rest, Kir. Blaine is by far tho of tho two, and has elements of popularity of which Mr. Conklino is entirely devoid. He is in every wuiy closer to tho people, and would ho more the President of tho wholo country than Ccnkliku ever could he, with his natural imperiousness and Ids confirmed sectional ism. These are reasons enough, though not all that could ho given, why tho West should prefer Blaine over Conklino. THE BGB33KCR REPORT. The report of tbu House Committee on Foreign Affairs in Delation to tho Kinnm Mine scandal, while it does not convict Gen. Hohenck of fraud or any intention to commit fraud, nevertheless presents n sweeping in* dictmont of him for ofliciftniuproprioty and misconduct that ought to have resulted in his removal long ago, and rellccts severely upon tho conduct of tho Administration in bolster* in}; him up. The following points from tho olliciul report confirm us In this general state* incut: 1, Gen. Sciiknck became a stockholder and Director in the Emma Mine Company while Minister in Loudon, it being “ tho tirst occa sion in which u diplomatic representative of the Government of the United States has al lowed himself to become associated, while acting as Minister, in a private enterprise, carried on in hiu own country, but ottered for solo in tho country to which ho is ac credited." 2. Auieot Quant, wlto was well known for his success m flouting now companies upon the English market, undertook to float tho Emma Company upousatinfaclory assurances that Gen. Boukncu would become Director, and would loud “ tho vruight of his name, given in addition to tho influence of his po sition," to Uio undertaking, and Faux admits tyut tho contreo. with Grant was not signed until after ho had procured tho consent of Bohkncu 'jo join tho Hoard of Directors. JJ. Tho temptation offered Gen. Hcuenck was a strong one. lie was to become a subscriber iu tho Company to tho extent of f>oo shares of the value ut coat of SOO,OOO, with tho undoiwta tiding that ho should not provide any money, but should have the amount for one year without interest, Pauic guaranteeing n dividend of 2 per cait per mouth while ho hold tho stock, and that ho wouW at any time take back tho shares at their par value on the request of -Hciikkck. In addition to tins lie was also loTecoivo*s ! 2,rjOU per annum ail Director's salary. 4. Ito yielded to'this temptation, nnd be came a Director, and, as tho report says. “joined in tho invitation to tho public to subscribe for its shares, without informing tho subscribers that his dividends had been guaranteed to him, and that his shares had boon jirocurod by previous arrangement, without any risk of loss to himself, from tho fact that ono of tho vendors hail agreed to tnko the shares off his hands at any time at their original cost'*' r». After Secretary Plan had requested him to resign his connection with tho Company and placed him in a position whoro ho must either resign a« Minister or ns Director, ho choso tho latter. His formal resignation was sent in Dec. G, 1871, but was not made pub lic or communicated to tho Secretary of State until five weeks afterwards, thus lay ing him open to tho suspicion of playing into tho hands of those who wore speculating in tho stock, nnd were interested in main taining its market value. G. Besides having been a Director in tho Emma Mining Company, Gon. Sohenok was engaged iu speculative operations in tho stock with Parr, tho vendor of tho mine, ami with Gen, Woodhull, his Secretary of Legation, besides using his other Secretary ns n broker to watch tbo fluctuation of tho market nnd sell his shares- These six points are suiftuont. They fully confirm all that has hitherto boon sot forth in Tub Cihoaoo Tribune respecting Gen. Suuencs, nnd shows tlmt Its demand for Ids recall was warranted. Thtiy show, in con uoctiou with other fnct/t in thn report, briefly, tlmt Gon. Sohenck bceamo a Director in a milling speculation, find used his official po sition ah a vouchor far it, finding his reward in a private arrangement by which ho hold stock and drew the dividends without invest ing any money or taking any risk; that in his Anal settlement with Park ho transferred stocks to him upon which he continues to draw dividends ; and that upon leaving Lou don ho was forced to plead his diplomatic privilege against tho service of n writ in a civil action growing out of his connection with tho Company. ‘While there may he no taint of fraud in nil this, and while Gon. Scuenck may not knowingly have defrauded others, tho indictment is liardiy Idss sweep ing than if ho had been guilty of actual fraud. Ho was the eauso of great disaster to many in England who invested on tho strength of tho indorsement' of tho specula tion by tho American Minister, and he has brought reproach upon tlu» American name and tho American Government, which it ought long ago to have rjsonted by public reproof of its Minister. Gon. Scuenck, as ho alleges, may have believed that ho was doing right, may have had absolute faith in tho valuo of tho mine, r.nd thought that there was nothing improper in his procecd- ings, but a man possessed of such peculiar notions as these should never again bo trust ed in ofilco under tho Government. ENGLAND'S WAS PANIC. The’ political barometer of England had n decided fall on Saturday last, indicating a storm ahead. There was a panic in tho stock-market, and tho lloxiCiCiCLnu, who oro keen-observers, of political events, sold con sols to tho amount of s>ft,ooo,oo). Tho en tire list of investment securities, even in cluding tho American, tfullered from tho fall. Tho Now York HeraUSn cablo dispatch re ports that Turks declinod 3 to G per cent, Egyptians ft to 8 per cent, Hungarians and Russians 3) to 7 per cent, Spanish 1) per cent, Puouos Ayres ft per cent, Brazilians 2 to 4 per cent, uud Argentines 2$ to 8 per cent. It was a Black Saturday. Tho Con tinental Bourses sympaUiizod, and in Paris tho Turkish, Egyptian, and Danubinu securi ties were materially adjected. Following upon tho heels of this panic comes (ho nnouucemcut that tho English Government has sent an im mense amount of ammunition-and war-materi al to Gibraltar and tho Mediterranean squad ron, that all her naval monsters now in tho yards nro being rapidly pushed to completion, and at Lloyd’s insurances for several days past have been mode to cover war risks. All this indicates that the war-cloud which a few days ago was hardly bigger than a man’s hand is now suddenly assuming for* midablo proportions, and that England, find ing herself in n bad way, is hurrying to make sure her hold at Gibraltar and Malta, which is the present key to the eastern shores of the Mediterranean. England Ims no imme diate interest in tho Herzegovinian revolt, but she has n direct interest in tho Eastern question and in tho altitude of Itussia towards Turkey. What that attitude is, becomes clearer every day. Apparently siding with Austria, nud counseling for peace, her emis saries are exciting disaffection all through the Sdavic provinces, and helping tho insur gents with war-material. Uussla holds Scr viu, Montenegro, Ihtlgaria, nud lloumanla, ready to lot them go at tho proper time, at which time she will seize the eastern prov inces, leaving the western to Austria, and force her way down to Constantinople. In this movement lies tho danger to England. Onco at Constantinople, Kussia commands tho Bosphorus, affording her an outlet from the Black boa to tho Mediterranean, thus threatening tho Suez Canal, both by water and land, and compelling England to occupy Alexandria In order to defend her route to tho East. A writer in Fraser’s foreshadows this move of Ilusslo, which England is now trying to offset by strengthening her position in the Mediterranean. Ho says: (.'.inllrnmlory proof Hint thin in llio purpose of Kuiela comes as wo wrlto la tho news that she has ordered thirty-one vessel* of war to he prepared fur tho block Sea, in addition to the armament* already there, Homo day, when she thinks things ripe, u sudden move will ho made and a long-pro pared stroke struck that will sturllo everybody in England by its unexpectedness. Then everybody wlllsay, “HowUko llnaslu that was 1 111* Just what wo might have looked fur." An advance into the disturbed districts,—a descent on Constan tinople.—both tbeso events aro probabilities of tiiu coining season, should Hussia bo tempted la think that tills time they can bo dune without a war with the Western Powers. Whether sho will think so depends to some degree on Austria, to sotnu de gree also on Got many, hut. wo venture to say, must of ail on tbo attitude of England. It is evident that England cannot oxpoot anything from Austria or Germany (hat will stand os uu obstacle in tho way of tho Rus sian programme. Austria will bo content to toko the eastern provinces of Turkey and give Russia tho western, and also the control of tho Bosphorus. Tho Austro-Hungarian Empire is not a unit. Tho Gcrmauio aud tho Bclavio portions havo never pulled togeth er, and tho Houso of Hapsburg would not hesitate to throw over tho Germanic portion If it could fouud a groat Fuu-Bclavonio em pire. It is the knowledge of this willing ness that loaves Bismaucu iu such a happy situation. Ho will not help England by in torforeuca with tho designs of Austria or Russia, since all ho has to do is to sit still, and Oonaauio Austria foils- into bin lap. From Italy England has noth ing to hope, since Italy has given in her ad hesion to the policy of the throe Powers. In the case of Franco, the outlook of England Is still more desperate, for although Franco has no interest In the Eastern question, she has a direct interest m Egypt, which En gland proposes lo take as her share of the general loot, and also ns indemnification for the Turkish indebtedness. Franco, there fore, will in all probability aide with llussia, bo far as tho Egyptian question is concerned, and will ho all tho more ready to do bo since hy her alliance with England against Russia in tho Crimean War she lost tho help of tho latter in (ho Franco-German struggle. Kho will never again make an alliance against Russia. It is too expensive. With Germany, Austria, Russia, and Italy allied together, and Franco hostile to her de signs, there is little danger that England will ho involved in war. She may send her fleet to tho Mediterranean with tho hope that Rus sia may look upon it as a protest against her occupation of Constantinople, hut beyond this she cannot go. To outer into a contest against this combination would bo suicidal. Her position is almost pitiable. Her greed in seizing upon (ho Suez Canal shares as a commercial speculation has made the East ern question insoluble except by war. It has roused old jealousies; has excited Rus sian ambition to have Constantinople if En gland is to have Egypt; has incensed Austria; Ims stirred up Franco to got in readiness to defend her rights in the Mediterranean, and especially in Egypt, and has virtually leagued tho four strongest Powers in Europe against herself. Even if she should acquire Egypt, what docs she get? A bankrupt nation. The same writer in Fraser'*, to whom wo have already alluded, says : Tito Khedive, like his master, bus lied all through ns to his resources and his spendings, but onr Gov eminent gives us llttlo ground for hoping that It will sec this. Composed mostly of simple-minded country gentlemen, led by a man of an linuginn lion too Oriental not to throw n halo ns of Arabian Nights'romance round things Turkish and Egyp tian because they belong to the weird East from whence bo came, they nru 100 likely to fail to seethe poverty of the country, of thu wretched fellaheen, taxed till starving and overworked to death, drivet} by the lush to labor on the over mortgaged estates of u spendthrift bankrupt mas ter who rolls in sensual luxury, who thinks noth ing of tempting the virtue of singers at his exotic tawdry opera with gifts‘of £IO,OOO at a time, whose array of slaves and eunuchs, > of wives and concubines, almost outdoes that of the Sultan. If, forgetting these facts, onr Government again plunges Into the Egyptian darkness, thu tension in Eastern Europe cun hardly fail to snap, and war to follow. ... As usual, wo fear that the course wo shall take will depend upon accident mure than on design; but so fur as regards Egypt it is Just pos sible that its debt may be big enough to frighten even our sanguine Ministry and make them keep hands oil. They have had a lesson there in many ways, and ougtit to have u jinter measure of En glish power and English responsibilities abroad than they had before. Tho panic cm tho London Exchange and tbo decline in consols indicate clearly enough that England foam war ; but, from tho dispatch of tho fleet and war-mato rml to tho Mediterranean, it docs not fol low that England will bo an octivo partici pator in that war. When tbo emergency comes, who will back gracefully down and re tiro out of tho grand stand to settle her Egyptian squabble with Franco in tho side show. During tho meeting of business-men and members of tho City Government hold yes terday morning, Mayor llovne took excep tion to some remark made by Aid. Tnnoon, and in replying to it stated that if two-thirds of tho Connell wanted him to stop out of tho onerous olllco ho held ho was ready to do so. It is to ho regretted that tho Mayor has fall en into a disagreeable habit of speaking of resigning, or of professing a willingness to vacato bis ollico, whenever any slight differ ence of opinion arises botwoen himself and his advisers. Tho people did not elect Mr. llovne to havo him resign in a month. When ho accepted tho nomination ho know very well that there wore stormy times ahead of him, that ho would havo mach tronblo Jo moot, and many disagreeable things to en counter, which ft would require coolness, persistence, clearness, and courago to over come. It is therefore out of place and improper for him to bo proposing to resign upon every slight provocation. In this respect ho will do well to imitato his competitor, who neither resigns nor intimates a willingness to do so. Wo hope that Mr, llovne will refrain henceforth from theso intimations of his readiness to abandon tho struggle. Tho question is in tho courts, and it will bo set tled there. If they say ho in not tho lawful Mayor, then ho con step down aud out. If thoy say ho is tho lawful Mayor, then it is his duty to hold on, no matter how disagree able tho position may bo, or how serious tho obstacles ho may havo to overcome. Hut abovu all things, no matter how great tho provocation, lot him keep his temper. A suspension of work in announced at tho Union Kolling Mills, which thrown some 700 men out of employment. This would bo bud enough in itself; but tbo foot in mailu worse because thin suspension ban boon brought on by a strike of IftiO men in tho steel department, who refuse to resumo work unions their wagon bo increased from 10 to 1W per cent It in almost impos sible to concoivo that any set of men can bo so ignorant and foolhardy an to take such a position at tho present time. Thu works wore closed during tho entiro winter, and all tho employes who have been Idle urn or wero in debt. Yet, after a month’s work and a prospect of earning a living for their families, they voluntarily resumo their idle ness and increase their necessities to “strike” for higher wages, which tho condition of tho iron und stoel trado will not warrant. Thosu entitled to most sympathy are tho laborers in other departments who aro thrown out of employment as a consequence of tho strike among tho steel-workers. Tho wages range from S2.CO to sll a day, aud 700 poor men aro losing at that rate, while their families aro deprived of tho very necessities of life. Of course there is no law to compel tho “strikers” to resumo work oven for their own good, but tho polico should soo to it that the Company is protected in putting other men in their places, if this course bo decided on, in order that those who desire to cam u living fo; their families shall not bo deprived of that privilege. Still another Congressional investigation Into alleged bribery and corruption. This time not of charges started by tho Whisky King against Dbibtow nor of tho corruption of any Itopubllcan Congress, bub to find out who shared in tho $300,000 which, it is stated, was expended to soeuro tho passage, by tho presout Democratic Itefonn House, of tho Hawaiian Treaty bill. It will bo re membered that, in his speech in opposition to tho bill, Judge Kvllex intimated that money had been used to put it through, aud so much has boon said about it that tho in vestigation had to bo ordered. It would not be surprising if the investigation should do- volop that tho $n(K),000 in question wag quietly absorbed hy eminent Democratic to. formers somewhere about the time when they wore so zealously nosing out llniaTow's private practice ns a lawyer iu order lornako out a case against him. Capl. Lat’s infernal machine, which Is now being experimented with at Washington, If It docs half that In promised for It, will practically make an end of naval warfare, for no armor nor guns would avail against It, and It would destroy any vessel Hint could ho set afloat before a sin gle shot could ho fired. It consists of a small submarine, cigar-shaped craft, propelled by chemical engines, and steered hy a telegraphic apparatus communicating with tho shore or small fleet crufts from which the machine b launched. It carries a barrel and a half of dy namite—enough when exploded under the largest Iron-clad ever launched to blow her to atoms ami tho dynamite also Is exploded by electrical current transmitted through r wire connecting with the shore or vesseffreni which tho machine Is launched. All that is needed to sink the most formidable navy alloat Is a fleet tug or two equipped with, say, a dozen of these machines, which could he launched be fore the tug got within range of the vessels to he destroyed, ami propelling themselves under water with almost Incredible speed, could lie steered hy the telegraphic apparatus directly under the hostile ships ami exploded by an Hco trie spark to destroy them. Should the machine prove equal to this when It gets lulu use, us shortly It would among all nations, naval battles would no more he thought of than battles In balloons. The funeral of the Uoslcrudan and theosophlst, the late Uvwon i>r. Palm, though wholly out of the common sort, was less fantastic, In fact than had been given out it would he. Doubt less It would have proved wholly uninteresting hut that the thcosophists made it the occasion of a rather grotesque advertisement of tbclr philosophy, which lias nothing peculiar about it outside wlint Is embraced iu their ritual for tbu dead. Indeed that ritual seems to be about all there is of the'theosophs. It Is evidently tin result of elaborate research, so exhaustive that they got no further lit tho evolution of tlidi philosophy. Now that it Ims been gone through with mid ts all over, the question which at lost must recur Is, What matters it what disposition li made of the clay from which the soul has lied, and which no human art can keep from being resolved Into its original elements? And, aflei all, whut is the value of all tho funeral cere monies that can he invented os compared with anything that iu the least alleviates the suffer ing of the living, diminishes vice or crime, 01 plants knowledge In the place of Ignorance I PERSONAL, Jennie June says that onr Enron Do Palm lei properly estimated to be worth SIOO,OOO. George Eliot says truly: *• A difference of tnstci in Jokes is a great strain on thu affections." Dr. Tyug, Sr., U now 70 years of uge, and. though by no means Inflrm, consents to accept an Associate Hector. Miss May Howard is to play with the Florences at Wollack's Theatre, Now York, this summer, beginning to-night. The Marine Hand at Washington proposes to sere nade Our Carter for saving it. Whut base Ingrati tude I They ought to serenade the other fellows. At last accounts Sir Randal Roberts, Dart., was to moke his first appearance at thu London Olym pic, appearing In his own comedietta, called 0 Un der a Veil.” In recognition of the generous contributions of A. T. Stewart to the relief of Paris after the siege, it Is proposed to call unu of tbo newly-opened streets In tbo upper part of the city by his name. Mrs. Nollio Grant Surturis* Infantson died on tbo second anniversary of her marriage, aged 10 months. Tho mother is not yet lU years of nge, and very young to know tho anguish of such a loss. A North Carolina editor, who remember* the af fecting time when lie paid SIOO, (Jon federate money, '‘for the last gallon of apple-brandy In tbe State,” la now a firm advocate of a redeemable currency. Ur. Ayer, the famous medicine man, la hope* lesMy 111. Though not lu Immeilialu danger, he will never he able to engage actively in business again, or to realize the dream of his life, u seat lu Congress. Thu lowa Episcopalians, who arc to meet again this week Tuesday und Wednesday to elect a UUh on. are likely to have u warm time over u proposi tion to re-elect the Kov. Ur. Ecclcston, of Phila delphia, who has once declined. Mrs. Caroline lUchings-licrnarcl, It is reported, la in receipt of u verv handsomo oiler from Man ager Mnplesou to become the priina donna of a company of American singers for a scries of per formances In England next season. Two surviving members of tliu stag which as sisted (Jen. Jackson at the battle of New Orleans —Mn}. Thomas Ilutler and Gen. William 0. Uutler —are now residing in or near Carrollton, Ky. The former Is ovorb? aud the latter in Ids UOth year. Maurice Slrnkosch and Mile, llelocca were hi tho city yesterday. They are lu leave this morning fur California, where llelocca will sing in concerts, having the assistance of Tom Karl aud Tagllupictru. On their return next full the peoplu of Chicago will have an opportunity of hearing the troupe. At the grand fancy bull of tho Uuronces do pollly in Paris the Princess du Lise TroubeUkols represented mi icicle, and froze scores of ad mirers. Thu most Hiicceaslul disguise of the even ing, however, was that of a young Count, who ap peared us u yellow cockatoo—his original Imperao nation. “Snowshoo Thompson,” tho man who, for tho past twenty years, has curried the moils over thu Sierras every winter at times when tho roads were blockaded with snow, died on thu evening of tho IMhlnst. after a short Illness uthls home In Al pine Couuty, Cal. His complaint was lung-fever, lie leaves u wife und one child. Tliu famous Man with u Fork In his Stomach, who put all Paris In a lover of curiosity, and afterwards relieved himself uml (ho city by mibinittlng tu a famous surgical operation, has again becumu prom inent. The surgeon who took out the fork gave it to u fclcntltic society, and now thu patient has sued for thu recovery of his property. A lloslon girl und her wealthy mother arc out West looking for a poor young man with whom tho daughter fell In love while traveling in Europe, bho refused his proposal then, but longs for him now.— Current Utm. Poor young men who have been to Europe will please take notice. Tbo wealthy mother, after all, seems to be the undo chance. ' M. Andre, a wealthy Parisian banker, gave* ball lately, tho peculiarity of which lay In the lad that, hy means of bidden mechanism, the parti tlun walls between thu splendid salons on the Hr*t lloor could bu made to sink into thu ground and dl»* appear. Strips of flooring titled Into the grooves, and the wholu Hour wua suddenly transformed Into a ball-room. Lucy Hooper writes to the Philadelphia Ttlt‘ gi ajib; “1 leurn from London that the debut of Mias Abbott was not particularly successful. Bb* appeared lu ‘La l-'lllu dnllcglment,’ Uiiih cballeng* lug comparison with so llnUbed u vocalist as Mari* mou, and this cbulcu of an opera seems to have been u« unfortunate oue. Thu debut of MlssTacl;* or iMllu. Itosavallu) was n success of beauty and of acting; ‘ the young lady Uns scarcely any voice, but has becti well taught, 1 such was thu remark el u lending Lugllsh critic to mu." Tbo receipts from thu Julia Mathews’ memorial performance in St. Louis amounted to of which SdTH.;H were required to defray oNpciiscs— doctor’s bill, undertaker’s, printer's bills, etc. Tbo balance on bund, gdOl.o-l, is to bo used in tbo purchase of u monument. The warm-hearted people of bt. Louis behaved with churacterUtiO generosity In this mutter. Tbo newspapers adver tised thu benefit free; tbo very bill-poster gave b 8 services; lien X)e Bar furnished his theatre ondh u own valuable services in a play; and tbo people turned out as they would not have done ou uo ordinary occasion. William Henry llurlbert, the new editor of tbo New York 11 ’orldt bus written good poetry, In cluding several hymns which now hold n place m the Unitarian Collection, lie bos been o success ful dramatic critic and playwright, his “Ameri cana lu Paris " still holding the stage. While act ing as managing editor of the New York ‘hjr* lug the absence of Mr. Iluymond In IHoO, ho bowiy committed that journal to tbo support of Mr. Douglas, llaymond was obliged to apologia* tbo readers of the 'Jhntt and take tbo back track. llurlbert 1* now nearly 60 year* of B «°* In bl* younger days, llurlbert was a Unitarian preacher.

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