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ESTABLISHED 1840. MEMPHIS, TENK, WEDNESDAY, DECEMBER 10, 1873- "VOD. 33-NO. 34rQ . i J W - - 03HE?jPBObEEDisas of tlie general; oeuucil yesterday will attraot public attention. The salaries of tlie mayor and members for the next term -were fixed; an ordinance wa3 introduced pro viding for the paving tax, and the ques tion of purchasing thftwaterworks was laid on the table. Ir will be seen from the dispatches that London, yesterday, was drenched by a fog so dense as to put an end to all traffic and compel, In mid-day, the em pteyment of torches to light pedestrians and vehicles. The vapor was, as the old saying has it, thick enough to cut with a knife. Fortunately, no aceiuenis wre reported. Mn. Maynard, representative from the State at large in congress, was sere naded by the Tennesseans nowin Y ash iagla a day or two since, and made a speech, in the course of which ho said, addressing the people of Washington "Generous, humane and kind, in the name of the citizens of Memphis, her vvWews and orphans, in the name of the people of Tennessee, in the name of our common humanity, I give you our hearty, unfeigned thanks." Is eeagress yesterday, in the house, tho qaestion ef providing for the re detapliefi of the bonds of 1S5S was dis efeel, tovdving the question of specie payments also; and the back-salary grab. eeseluoion was reached in the last eas. In the senate a bill was intro tlaced by Morrill, of Vermont, for the reeataption of specie payments and the establishment of the free banking sys tem, and by Senator Alcorn a bill to provide for the construction or levees on the Alisslsappi nyer. XtSXT. The manifestations made by a large aeaiberof the .Republicans present at the mass-meeting of that party held on iToniy Bight, at the Greenlaw Opera house, were unquestionably in the interest of Alderman Dent for mrar. Inside as well as out- M.ie the building words were glvoa utterance to that unmistakably vM3feed that more than half of those preseat ire in favor of the alderman from the seventh ward, whese kindness to the eoivred people of Memphis has MisaMi in In o reverb with them. In deed, we are informed by a Republican preseat, that had the meeting been con dueted with anything like fairness, Mr. Deat woaW have received the nomina tfea, instead of Mr. Loague. But the last-named gentleman's friends "took .possession of the meeting," and hurried anuttew te a oonolusionlong before most of those present were prepared for it. Mr. Dsot was therefore cheated that is the word employed by our informant out of what was his by a fair count of all present Had he ben nominated we should have feared for the success of Mr. Bu3by, for Mr. Deut is a gentleman of great strength with all oiaases of our people. One of he oldest of our eithiens, lie is one of be best known and ivould fill aoeoptably any position within their gift, that of mayor included. While we regret the injustice inflicted upon hi ai at the Radical meeting, we yet re jelce that he is not the man the citizens' nominee has to confront. Bis candidature would have made the J race more difficult for Mr. Busby, and occasioned .more and harder wrk for those who are battling for him. However, Mr. Dent will not be lo& to the.,public. He is unquestion ably the strongest man in his ward, and an return to the board whenever he pleases, to represent it, as he has done ior some years, to the entire satisfaction of, the people of the city generally. WASHINGTON. Jluslness of the Committees or the House and .Senate Action in Caucns on the "Pro-Tern." President of the Senate. 4 Secretary Uobesoa's Beply to the Senate Resolution in Inference to tie LouisTille and Portland i Canal Etc.. Etc. IX THE COMMITTEE KOOMS. WASHMrafoii, HeceMbcr t Uepreoentatl ve lMr was befM Uw oommUlee oil -way and mmi aavoettang a MB b lntnxiacnl yes tenter ts iirti a bonded warehouse for slattae and elaale riee Intended for ex wkMHi 1 bow cleansed in England Ttilj.r iimrtT eotaraUtoe on Saance and the eu&ea4Mlue oa banking and eurreney neh huA -a .nmttng IbU mettitnK, but tarfr Mtglbn -were dewted to a preliminary later tiluitr of ceneral views on the part of the varies sera ben. AT THK EKPOBUCAIf CAUCT& The Hepabllcas f-eiiatore held a caucus after Vie atearaed of the senate, coatlnuliic an hoar and a half. Alter a general Interchange f vteiv, Senator Carpenter was designated tK praiaiDPt pre tempore of the henate, but no tajtot -v90f taken. Senator Carpenter dhl not attead We etumr. bat temalned at bis fceat MHMMsMMe. After his eeteotton, two of hla taeotfs ionally came to hlra, and Informed Mm of tste result, trhereupoa be put on his at and eoat, and left the chamber. HIE SBCRKTAHY OF T1IE TREASUHY OS TUB lAit'ISVIlOB AN1) lOKTLAND Wahikton, December . The heeretary of (fee trenr- vent to the senate his reply to a farmer resolution of that body concerning the Leaievllle and Portland canal. A the ease now staads the board or directors are authorised by Um leglriamre or Keatocky, smi btasd reaay to tiaasfer the work and a 1 Vi rrsrts, ttiies, fmuehiMS, etc , to the United :-Ales upon the payment by the latter of about te niUlioa and a quarter of dollars for the kwhAs. stocks and current debt. The secre tary of the trearary, under the legislation of cMgremk It authorized to receive the tramfer .ana mate Hie payments, but that officer baetag eertaln diseretion allowed lum in respect to both time and aaaaer of eaMtrytng out the provisions of the )av. besiitates to act. In view of the large sum of maaa Btsftwary ; and while to hesitating, receXvaSTufefmaMon of certain salts at law, testltmK b)" efttmant heirs of the devUors, wMe lavef ve the title to any lands through wBtofa the mi1 runs. CADX3US OF DEMOCRATIC 8EKATOK-J. WASHtKeWOX, December 9. The Democrat ioaaUH held caucus this afternoon, aLd MMHVed to sapport Allen O. Thurman or nrealdent of the senate pro few. MISCEtlAXEOOS. A telecraa from Ban Francisco informs the wT-ietary of the navy that the Keanage went eemmteoon at Mare Wand, yes erday. "!tnanw iA.ro tenders. SCT.t.:it ,7ialMl-osliee at Litchfield, Minnesota, has bn wuovd to Lao Qui Parte. In that , state. national coaventlon of colored citizens .sd&iinaed in the halt of the house of dele ik&tgs ta-day. 11 twee i two and thiee hun lfc2?aiu were present. The call for the J-TOtiTafki of congress a 'clvU-rlghU Keeretary Bellknap will be married to Mrs. . nS, f t inclnnaU at lUrrodsburg. KeBtueky.ea Thursday, the eieventb Instant. TheoablnetV-J was not In session more tsiau an hour. All the members were present r.nt the secretary of war. No new features vneerninz the relations with SnainV To-alght it is said oa authority that IJzSJZLJtt- It is said Governor lSurbanfc kMMt la Ms resignation as exeeutl ve el Da- Zi..., , win on bit return to Washington, for- wails' K XaSHd. .... .77 t. tu n.i(tin?1 nn asnlfniKtr to Lyman Sheppard, of Oneida, 2few v,v -vfllni? at 'NVheellnz. West Virginia, Mtsmltted MileJde, by shooting himself Mttoagh the head, at two o'clock yesterday wornlaz. Death was almost instantaneous. R.iwvMwiruid one child. HbtDDard -same home shortly before committing the deed, and, Instead of retiring, told his wife he WBOM read awnue. Hnaiea suiikuotuib m. and. without u word. drew a vistoLnlaced it againt tits head, and filed Ills wile was .MhsArvtnlilaci'tlonE. but could not ston him. -no auiaaty was It consummated. So rean. -eanbe assigned fQrtne act. Bheppsrd was Jstgnly esteemed uy a large circle oi i nenur. fRev. D. I. K. Ryne, formerly a Meth- &J.-. ll..... 4ri llWh.ntf .It. ishA waa eled somejsme ago on suspicion or sxeaunei mtnety dinisSf from a Ktoreon Diamond street, I . . r. , . j , i . i .... . . : coimVesfnl and remanded for sentence. TILE CORRE'CYQqEMION. - . - What an Experienced 'ortu Carolina lianler Has to Suggest for the Settlement of a Texlng Question. National Finances and Banking Tiewed How Present THIllcul. ticsXaybe OTcrcome Specie Payments. Rt The Bank of America, Capital 300, 000,000, the Remedy What Its Effect would be on tins 2Tade'or the Country. From the Charlotte fN. C.) Son them Borne. For several centuries all civilized nations have adopted gold and sliver as the only true basis of their circulating mediam. These constitute the only basis on whieh a perma nent and uniform currency can, be main tained by any State or nation. The reason Is, that their vames are Invariable man any niher suedes of nrooertv. Ureat wars and revolatisas may somebmes eompel nations to nxrt to other media or baes of credit. Na tional credit may become so lar exhausted or impaired as to compel them to issue notes, or promises to pa v, based merely on the faith of me govenuncnu xuus was iiit co ,u revolutionary war, as well a In the recent war between the States. Hence, legal-tenders and greenbacks are the currency to-day of our country. THE PRESENT SYSTEM OF FINANCE. The nresent svstem of finance had its orizln in the necessity of the times, in toe day of the government's peril. It was devled to carry the nation through a state of war and main tain its life. This crisis, this necessity. In which the system originated, has pasM. For more than eight years, the country has been in n .tntA nf npAca with all stales and na tions. The necessity for the system has long Jnce passed. It was only intended as a wai measure, and not adapted to times of peace. It was well calculated to bring the men and means of the country to the support of the government when In a struggle for existence. It was. In fact, a forced loan. But whol ly unsuited to the preset commercial wants of the country. No higher evi dence of this is needed than the frequent monetarv crises we nave passed thnmzh for the last five years. Scarcely a year during this period has passed that our currency has not varied from ten to fifteen per cent, in value, with two or more fearful monetary convulsions depreciating and an settling the valuesof everything, but gold and silver blighting the reasonable expectations of mlHtons defctroyinu the value ot the labor rf the country, and wrecking th' fortunes of thntisiinriji. n nnstaele and weak is the present system, that It has become like a foot ball to bankers, brokers, and corporations in Wall street. Ily a combination of capiUl, they can lock up nay or one nuuureu mil lion of dollars and produce a panic or crisis at any time in the whole country. Then cotton goes irom sixteen to eleven in s&s uiui sut weeks; and In like proportion is the decline of all the other great staple prod actions of the country. Thus the producers or the land are sacrificed to the cupidity and avarice of a few spec nla tors. T.ue decline on one article of production, alone, cotton, is already about twenty aoiiars per oaie, resulting from the present financial crash. 11 the crop, as supposed. Is four million bales, this makes eighty millions of depreciation, or loss in value to tne farmers and planters alone. As with cotton, so with the otner pro duction. Thus the larmers and planters, with their laborers, constituting the wealth and greatness of the country, are despoiled of Ineir proms ana paraiyzeu. in meir luuiuiruu pursuits. These bid effects are brought with similar results to the manu facturers, merchants, mechanics, and ill professional classes. ihns the whole country suffers from these unholy combinations of corporations and capitalists Now. is it possible that I be government will continue In operation a system of finance so fluctuating and so weak that a Jay Cooke or a Henry Clews can. by wild speculation, bring such disasters upon the conn try, con vnlslng it from Maine to California, and annihilating hundreds of millions of dollars. THE NATIONAL BANK SYSTEM. Tha nntlnnnl bank svstem tKV-sesses one good feature, that no holder of a note can lose ..hn.ih. . m-am mailt V rroili t lu mamtfti Tied. rhis is true also of the legal-tenders, because they are both based on government credit. And herein lies the fiit great defeet In the scheme. The credit of the governments, like that or individuals, is fluctuating. What the country need, is a fixed standard of values- gold ana silver Sua IlOfc UB11U11SU CICUIL, ICjl- resented by notes, merely payable at the treasury of the United States.witaout fixing time or manner of payment. This is a radical J erect in the system whlehsaoald bechanged. But If congress is determined to maintain the present financial scheme, it should be mate rially modified and adapted to the require ments of the country. THE TWO CURRENCIES, mie now have two oa rren at e bank notes and jegai-tenaers i tne ioBuuuns hundred ana ny million, ui mc about three hundred aud s.xty millions, makinT seven nunurcu w iwi uii.iiuii i. of thusnm. over one hundred million is required to be held as a reserve: this leaves less in an six hundred million dollars that can i i tn-niotuvn at one time. The Dronerty AAnntnritTnlDfsl bv the last census re- tums (OI Jo,VI atoermuij vwcvu v. This elves only one dollar in currency for every fifty dollars in value of property. Po litical ecunuiuius gruciwj " culatlng medium of a country should bear the to nmoortv of about one dollar to thirtv dollars in value of property. This Is the relation in old ana wyu-esiauiisueu i-nmiwan countries, where there Is less of en terprise and development, requiring rela tively loss capital than is needed In ours. It i.iV,suDrjosedthat valuesof property have m,tiHnifv Increased since our census was taken, more than three years age. Then, according to the Eoropaan rule, lets country requires wore than oae billion of currency Instead of less than six hundred muttons, as at present auit'orUed to be isssed. The government in its efforts to force legal tenders to equal value, or par, with gold has too greatly contrarttxi in' rounic of the cunen or. The issuesare not sufficient to supply the ,,-ditiary wants of the legitimate commercial S'ueeof the people. Hence the great strln. Xrr...- almost uniformly prevailing. Henee (he facilH,y ot combinations of capitalists to EJSiE?..." tnteresU are twelve per cent per -une to CaUfornla, while In fhntrndwest" h rate hi even greater. development of the eouWJ. P?L suits, even well-conducted, riL 4ve than six per cent. Interest for t P-" Lenrtite per cent interest reduces maay .?,lr en men to mere laborers, and paralyzes - 4tilS. eriieslnestablUhlng many new and ih , flednnrsnlts in every oommunily. Like - cancer ou the human body, It soon con sumes the capital on which it rests. These are some of the reasons showing the ne cessity ior more circulating media. CHANGE TBE SYSTEM OR INCREASE If congress will not change the entire system, the volume should be increased by at least four hundred mllUon additional cuirency or or bank-notes. It would be greatly preferable to relieve the country and government of the system with Its responsibHltles as soon as con sistent with the business Interest involved. This will require legislation by congress, and may be gradually brought about within two or three years. TOE BANK OK AMERICA. Th,n. in order to invite sold back t ' the country, and to prepare tne way to a return of specie payments, let congress charter the Bank of America ior call It by -any other nam), with a capital not exceeding three hundred millions ot dollars, to be made or in dividual subscriptions, with the right to issue two to one, and the prl vliege of establislilm; not exceeding twenty branches, one at each important commercial center. Require one fourth of the capital to be paid in gold, the remaining three-fourths In legal-tenders, and In Ibis proportion until the entire capital is paid up. Upon the proper evidence to the government or the comptroller that such an amount In goid had been paid in and legal tenders surrendered, let the bank be author lied to Issue not exceeding two of it, bills o jiotos for every one so paid in. If aU the capi tal were so made up, tms uanK coma issue six hundred millions of dollars of notes, re deemable in gold, and retire two hundred and iwentT-flve millions of dollars In legal-tenders, thus Increasing the volume of currency three hundred and seventy-live millions of dollars. Let this capital be made by private subscriptions, and the bank owned and governed by the stockholder. Let all the notes Issued be redeems b e In gold and silver at the principal bank, and those Issued by tne Drancnes be reueemaoie aiso at tne place or issue. If Individuals do not, after twelva months, take the whole amount of capital, let any national bank subscribe Its canltal stock and rav in as individuals. Abolish the sab-treasury, with Its great ex- pensesmna require su gaternmeutomciais io deposit the funds of tne government In the Bank of America on certain terms, giving the comptroller or secretary of the treasury the right of full inspection and examination of the affairs and management of the bank at all times. Thus we would have a bank, a regulator of tbepiesent national banks, with a "national order," with a currency stable and permanent, based on and redeemable n specie, furnishing a currency of uniform value in every portion ot the Union, with the rate of discount limited, for two years, to seven and thereafter to six per centum per annum. GOOD EFFECTS OF SUCH A I5.VNK. -u'lth ench a bank, identified with all inter ests. as lb) stockholders and branches thus would be. the neople would avoid the annual "corners," combinations and panics that sacrifice their mllUoas of honest in dustry. Such an Institution, of course, should becovernedby men of great ability and ln terity. iTae the bank of France lnwar.lt .M..stHhnt OTnttir to sustain national credit. The depreciation of the notes of this bank was scarcely appreciable in the recent Franco-Prussian war, carried ou with a vigor and power unexampled even In modem war fare, in all the troubles, complications and wan of the nnusn nation, mo uau& v ha. rnmishnl hor snbiocts a moie urn team currency, ior more than a century, than any otner nauon mw ruj-, mnv innpftrtD be of toocreat eapl- ,i iVarintdnca It to two hundred million dollars, or even Hsu. It may. however, take two or more yeais to get It fuUy Into opera ration. Meanwhile, the country la rapidly iiy in wealth and nonulatlon. 11 Is pre sumed, also, that congress will look to the juiuie, 1.r ; .v. . panded Uml's, north and south, east and west, r Mnnul,,.ul h.thnnuiiifli nf mllAK. with vhil areas unoccupied and undeveloped, ltepcpu- kSailon cow, exceeds forty millions, and In Pti (.stir waaiw in .if MAnh .iRtit. mlltlAn, nf Inhabitants, when its circulating media may txt required to exceed two hundred million dollars. j NO NECESSITY FOR ANTAGONISM. Whatever may be the prejudices against cor porations. Ills better to have one well regu lated institution, under proper restrictions of Urls kind, than many small ones to accom pXh the same result, governed and controlled by mere Jocal Interests and schemes. As the sun gives more light to our planet than all the stellar system, so such a bank, properly gov erned. would confer more benefits on the Indi vidual and commercial interests of ice coun try than four hundred banks with a capital of oue million each. There are now over two thousand national banks In the Union. The bank of America would not be in antagonism with these. They would all work In narmony. It would have an expansive capacity, like the old State barks, which would enable it to ac commodate the actual commercial wants of the country, and defeat combination, its nates neinir redeemable in snecie. it would In' vlte the coin back into the country, which has been supplanted by paper, redeemable only in Other paper promises, and thus pave the way to a fall resumption of specie pay ments in a year or two, the only real basis of Danking known to commerce. HOW MUCH THE SOUTH AND WEST NOW BUFFER. The great evil In the south and west Is the want of currency, as shewn by the Inability td borrow It at less than from one to two per cent. Dermontn. jMew 10 Pennsylvania ana uie ew jsncianu states, nave more man their relative proportion of the present cur rency. It Is slated that they have, per capita, four times the bank capital we have In Vlr- C.maanaKortn Carolina, rnta relative pro portion is probably true of the other southern states, utmce, uie.ewiuigiaiiu mates win urge further contraction on congress, while the south and west will require greater expan sion. The latter being chiefly agricultural. harvestinsr and marketing tnelr crom once a year, require a greater amount of money from October to April than at any other season or the year. The expansibility of the State banks, with all their defects, was ad mirably suited to moving the crops to market, thereby converting their issues Into exchange which was preferred by the merchants to gold, in order to purchase their stocks 01 goods, ana uiesc nana: issues were retired when not required by commercial wants. These notes, so retired, constituted the reserve of the atato banks. They went back to the hanks for redemption whenever they had performed their legitimate func tions in commerce. Umikethe present gov ernment plan, which 'keeps locked up over one nunured million uoiiars 01 currency, ana irom sixtv to eicutv million uouars in coin. when the industries of the country are perish ing ior tne use 01 it, ana cans mis sustaining the credits of the government. Such a policy will degrade the credit of any State. The sooner the government abandons the policy of requiring specie ior an its revenues on import ations, and at the same time compels the citi zens to take paper and promises for all his dues, the better. In this distinction, the con gress recognizes the ooligalion to provide specie payments for the people as soon as practicable, as all enlightened nations of modem times have done. CONCLUSIONS. In a country so extensive as this, with its vast, undeveloped resources, the long distance much of its production has to travel to reach its ultimate market, the time necessary In the transmission and return of funds, more cir culating meaium is requireu per capita, or in nroDortKm 10 nronertv. man in more aensei v. settled countries, with markets in clnserprox' iniity to production. Hence the unwise poll cy in contracting the currency, already whol' ly insumaent ior industrial pursuits, and thus adding to the present rate of Interest, and paralyzing the right arm of Industry. No amount ot pressure or contraction by govern ment, brought to bear on a greenback dollar, can everelve it the fixed and uniform value of a gold dollar. The leopard cannot change uis spots. 1 ou cannoi convert an owi in 10 an eagle. We have to come to specie, and the sooner the better. One such bank briefly and imperfectly sketched. oecomes tne entering weuge. Tms step taken, the road Is plain and direct to resumption, and easily reached without any great shock to our Industries, such as is annually produced by the present system, and Is now paralyzing our energies. True, values will probably shrink -gradually, but ivnowing ana realizing me cause, commence will be maintained and the transition will not be so detrimental to the property and busi ness of the country, as one ot our periodical panics. The sesreity or stringency so often occurring In the currency, causing the excess ive rate of Interest, is owing to the limited amount in circulation, while the fluctuations In it are inherent 1l a paper issue without a coin basis to rest upon. Hence the panics often produced by comparatively trivial events, showing the Inherent defects of the system. When confidence Is Impaired, their notes Issued give but little concern to the banks. The government, having their de posits of bonds, makes their issue good in any event In other eurreney. The depos its in time 01 trouoie, wnicu. generally exceed the r capital, become the heavy re sponsibility. The spirit of gain tempting the banks to loan at hlsh rates these deposits. -and being often unable to control them when caiteuior, causes me suspensions wnicn re sult so injuriously to the public Interests. One great evil grows out of the practice of paying a iiDerai interest on Deposits, tnus monopolizing money which would otherwise be expended in the improvement and devel- opement 01 me eountry, cnargmg excessive interest to speculators ior its use, wnose 1 all ures Impair confidence and injure the banks as well as the people. To avoid such results, congress should pass a law at an early day, that It shall cause a forfeiture of the charter of any national bank, which shall pay Interest or a bonus to any one for the use, loan or deposit of any money, currency or coin. The rate of Interest will thus be re duced, the banks will be safer and better, and tne country win more rapmiy ueveiope. TELEGRAPHIC EPITOME. Charles McAliater, one of the Pea- bndy trustees, is dead. (Jotton anu oltier mills, in various parts of the country, aie resuming work. It is probable, says a telegram from Paris, that the Judgment in the Bazalne trial will be given to-day. The Powhattan and Manhattan were detained in port at Lewees, Delaware, yester day by heavy weather. John T. Irving, the confessed Nathan murderer, was convicted in New York yester day on a charge of burglary. The Central Pacific railway, in some places," is rcponeu leariuuy ourueneu witn snow six feet iu some places. The Okmulgee. Indian Territory, con stitutional convention adjourned Monday, to the first Monday in May, 1S71. The long strike at the iron mills at Troy, New iork, ended yesterday, and twelve hundred men found employment. Samuel 0. Cobb, a Democrat, was yesteiday elected mayor of Boston by a ma jority of near twenty thousand, i'our ladies were eiecieu on me waiwi-uwiiu. A colored man and his wife and child were burned to d eath in a house, which was also destroyed. In .New Britain, Connecticut, yesterday. From Le wees, Dele ware, the telegraph Informs us that the steamer Powhattan with the monitor Manhattan in tow, went to sea yesterday morning. A boy named Ray Cooper, eleven years of age, was run over by a locomotive sou Kiuw at iiD uaubc, luuiiuio, a7raay evening. iiw.klinljlfrM lit IliB 'NTftfinnal Tntt romiva of FlUsburg have increased melewirt'lor capture of B. J. Grter. the missing cashier, Wu't i"""""" uuuars. Victor Emanuel and Chevalin Nigra, late Italian minister at Paris, had a long con :7. T i-asbmlar inomtn-'. from which It is understood that Nigra will return to Parts. JUss Finney, a guard in the lemale department of the Ohio peuiwsnuary, at Uoiumbus, was assaulted by two female pris oners yesterday, and was considerably in jured. A New Orleans telegram says mat on yesteiday J. Kingston Boyd, formerly well known in connection with the Sti Charles ho ot nrncH. suicided by morphine. Cause out oi money and employment. A Tendon teleeram yesterday aaya rfanu for- hunz over the city the entire day. and at two o'clock In the afternoon It was as dark as midnight. Locomotien was there fore slow, tedious and hazardous. H. E. Hosford, cashier of Augustus W". King fc Co, brokers, line street, jiew vn.v i. misKinz with. some forty thousand dollars belonging tc. tue firm. Hosford was formerly president ot tne uuwu a Wllminirton. Delaware, Uispalcn savstbe four convleted bank burglars have Deen kuicuccui t t'j - -.-, i in the nlilorv one hour, to receive forty lashes, and to be imprisoned ten years. A dispatch from JNew Yorfc says tnai the lessee of the Urand Union hotel ana au nntoi. v.iins Holeh kiss, has been forced -Into bankruptcy, with UablllUes amounting His failure is attributed solely to the effects of the panic. The new Mormon organ, pnnteu at Salt Lake, thinks tho Virginias suouia nave been captured ana ner uincera mi trew Haughtered by tho Cubans, even If she was rightfully in possession of Lnited States papers. The editor of that sheet snouiu go immediately and put his head in plakle. a rtianafeh from BrownsvilLe. Texas, says thaUhe steamboat J. S. Lee, belonging to tne itio uranuo u,j,,mmv ltio Uranda city ana sunt in iwenij uuuuics, boat and cargo reported a total loss. She was bound for Btngold barrack with a general cargo and government stores and supplies for upper military posts. No Uvea lost. On thA Pittsburz. Fort Wayne and Chicago railroad, noar liobart, Jnolana.last night, two freight trains collided at lull speed. The engineer and other employes escaped unhurt bv jumnlnz from the train. Both locomotives weie smashed, with a large num ber or freight cars loaded with flour, all of wuiafa was destroyed. One locomotiKp ex ploited at the moment of the collislos. Telegraphic advices from Paris say that the proceedings in the Bazalne court martial yesterday were of unusual Interest, M. L&ehaud, counsel for the defense, read let ters from f'rlnce Frederick Charles of Prussia, Tho first states that Marshal Bazalne never visited tlie prince's headouarters during the siege, and that the prince Haw him lortheflmt time arter tne capitulation. The secona teuer read expresses the hljjlitst esteem for Bazalne, and praises him tor tue energy with which be proiongeu resistance to me I'l-usmgn arms. A dispatch from St. Paul, Minnesota, yesterday, says that he investigation of Com missioner Smith took a new turn vesterdav. The counsel lor William Wclsli, after having asaed ana naa a weea; to prepare caarges, now declines to prefer them, alleging the want of -Jurisdiction and power to compel witnesses on the vart of the commission. Mr. Welsh then appears for himself by letter, and makes eight charges, which will now be ln !7Atrid. (VimmlsKloner Smith challenges . Stlflnrtnlrv anH ffbn tAhflVPftn Imllnnin. specter added to the commission who can cjsupel witnesses. CONGRESSIONAL. A Field-Day in the House The Back Salary-Grab Debated 'o Re- snlt Reached. The Ronus of 1S5S-KI11 to ProTlde for tbeir Redemption, Passed In the House. 7 Morrill on the Resumption of Specie Payments Alcorn and the Mis sissippi Levees, Etc. SENATE. u'in,-nTns-. TWemher 9. Senator Mor- rell, of Vermont, Introduced a bill for the resumption of specie payments and lree banking, of which he had previously given notice of its introduction. Referred- to the pnmmltfMnn flnanw. sonatn. r,rwntir Introduced a resolution instructing the Judiciary committee to in quire 11 me iwenty-uiiu bkuwuwi . j clary act of ITS) was repealed by the second bee 11 on 01 me act oi acj. wuu w -.T-tT-f- tr rnrthar lt-rKlatlnn is necessary, as these sections regarded writs of error and state courts, irassea. . , , Kpnntnr Mftrriii rxieJ introduced a resoln tlon instructing the secretary of the treasury t.inmmnniratjs In tlif ACnilie the aTQOOnt 1 officers, collectors Of customs and detectives for tho collection of fines and forfeitures etc., for the ten years ending June, 1S72. Passed. n h vis.PrpsiHent save notice that fiom to-morrow he would be absent several weeks, and it would-be necessary to elect a president Senator Ingalls Introduced a resolution di recting the committee on public rands to in quire into the expediency 01 so araenuiu; iuc act to encourage the growth of timber on the western prairies as to require the applicant for benefits to break and cultivate the requi site number Qf acres by the end of the first year, and to have thabame planted In trees, under proper cultivation, at the expiration of three years from the date of entry. Passed. Senator Morton submitted a resolution In structing the secretary of the treasury to re port to the senate the amount of Imports and exports between the United States and Cana da during the years 1871-72. Senator Ramsey Introduced a bill to provide for tne transmission 01 cwrawiu "j telegraph. It Is In all substantial particulars identical with the so-called Hubbard blU, for connecting telegraph with the postal service. Uy Senator lion-Ill IVt-l-Ablll for the re sumption of specie payments, and free banks, and directs the secretary of the treasury to Issue a return for deposits of I nlted States notes to the amount of fifty dollars and up- ,vl nml nns flTITIfirPtl II1111XUII UUUAia Ul loan certificates, payable In fpur years after date.andbearlnglntercst at the rate of three and slxty-flve-one-hundreths per cent, per annum. All national banks mentioned in sec tinn ihMna nf tha national currency act are authorized to help one-half their reserve in these certificates, anu iu "f United States notesorgold. All other national banks may hold any part of their reserves in ,sM AawfHn.r rtniui states notes or gold. and any deposit available for the redemption of circulation notes may be counted as part of the reserve of an association orgamicvi m iuij of the cities named in tne currency aci. i which such deposita may be due, provided no interest be paid or received therefor, and all United States notes to received be canceled. The secretary of the treasury Is directed at ..mm. r,or Octnher 1. 1871. to Lssue and six per cent- cold bonds to the amount of two hundred million dollars, with the pro ceeds of which, when sold at par for gom am. ha choir 11" and after January 1, loTo, redeem in coin such United States notes not bearing Interest payable to oearerasiuaj ue presented in sums not less than one bunared dollars, at the treasury in Washington, or tt the sub treasury In New York, and all notes so redeemed may be re-issued at the discretion of the secretary of the treasury in payment of any dues of Mie United States, except, y.nited States bonds and the interest on thejivMic rtoiit. pinsll v. the limitations on the aiiount of national bank currency, except that the re striction of the amount ot circulation lssueu to any of the national banks shall not ex ,wi rr Mnt. nf the bonds deposited as security, or of the amounts paid in the capital slock. ,,, , , By Senator In galls A bill to arm and equip the whole bodv of militia In the United ci.tM itnmrtiips that five hundred thou- rand dollars be appropriated annually for ,io, nnrnnGO-nn nrm 1W4HHl tH militia tO De OI tne same pattern as auujiwru iwi States army. , , , , .. By Senator Alcom A bill to provide for the construction of levees on the Mississippi Her Imnthnri7.es the chief enelneerof the army to have surveys and drawings made as soon as pracucuuio jui wo iwn.wu, y anu execution oi a cumpieie nvaui vj. fnr the reclamation of the Mississippi between Cairo and the BaUze. the cost of the work to be defrayed by issuing and selling United States Donas irom time to time as may be necessary, not exceeding thirty million dollars In currency. The States benefited are to cede to the United States all the swamp and overflowed lands within their limits, and also me otner lauus ciuuintcu within thAhAsAnf said levees. A tax on the various drainage districts is to be levied for maintalnlnz the levees in repair. The levees are to be the property of the United States. ThM v icn.i'rpKinenL UDDOinim ccuuvr ai- nrn n. mpmher of tne committee on mines and mining, to fill a vacancy on that commit tee. Miminr Ttncklnszham called ur his bill to provide lor free banking; to secure an elastic currency : to appreciate the national obUga tloas; and to reach specie payments without commercial embarrassment, ana expioineu briefly the provisions o: tne 0111. Atone o'clock the senate adjourned until to-morrow. 1IOU8E. A house resolution was adopted authorizing the emnlovment of clerks by the committees employing clerks for the last congress. Mr. Dawes, from the committee on ways and means, reported a bill to provide for the redemption of the loan of 1S58. it differs somewhat from a like bill passed by the sen ate. It declares that, for the purpose of re deeming tne ponus issuea unuer me &cl oi June 11, 1858, it Is the pleasure of the United states to nav ail me coupons anu rcgisiereu bonds of the loan of I8S8 on the first of January, 1881, at which date the In terest tnereon su.au cease, anu it appropriates mnnev to carrv out that provision. The second section authorizes the secretary of the treasury to issue an equal amount of five per cent, bonds In exchange for such bonus of 185S as the holders thereof may de sire to exonange on or before the first of Feb rnnrv. 1ST I. Provided, that no commissions or allowances whatever be paid for the ex change of tha bonds. jir. iveiiey moveu a suusulum: lur uie uiu, that it proposes to pay the loon of IS In cosh. and not to authorize any exchange Ior five per cent, bonds. Mr. uawe s&iu liio senate uiu was not re potted bv Mr. Cook to avoid a conflict as to the right of the senate to originate money bills. He reiterates his previous statement denj ing that any conimltaon bod been allow ed to the syndicate lu connection with the Geneva award. The contrary' Inference arose from the fact that Great Britain had employed some gentlemen in the syndicate to transact that business, and without the cost of a mill mt liB United States government. He opposed Mr. Kelley 's substitute, saying that the paper promises oi me government were noating un redeemed all over the country in the shape ol legal-tenders, and It was better policy to give to the holders of the loan of lso8 the option of exchanging their bonds for the new five per cent, bonds. Mr. Kelley sold his bill proposed to save-to the government a million dollars' at par in terest by allowing a loan of filty-elght mil lion dollars, to be paid at once, while the money lay dead la the treasury, and while the American people .were willing to lend hundreds and millions, at low rates, on certifi cates of deposit. Legal-tender notes were not promises to pay in gold. They promise to pay so many dollars, and a dollar was what the sovereign power declared should be a dollar. After furtherdlscusslon the word "coin" wa substituted for "money," and the blU passed. Mr, BUrcnaru. mo eu iu auieiiu uie uiu oy prohibiting the payment qf Interest on five per cent, bondt fr -a the first qf January to the time when they should be exchanged, and stated that the Interest which he wished to save would be nearly one million dollars. Mr Uarneiu muvw na ku awenument to i? ifnliv'0 substitute that, in order to make good the derjclfiupy. duty of five cents a pound be imposed upon tea and three cents on coffee, and said that at tils moment the expenses of the government were beyond the but if It were to be adopted he desired to have coupled with. It tlje provision he had offered. Mr. GarfieldS propqJltlqri was ruled out of order and the substitute Itself was rejected. The bill as amended, substituting coin for money, was men paskeu. The bouse then proceeded to a discussion of tha bill for a repeal of the Increase of salary Mr. Cox spoke in favor of its repeal, but ex pressed his preference for the blU as presented by the minority committee. Mr. Lawrence made a speech in favor of Its repeal because n was demanded by the peo ple, whose agents the Members of congress were, II congress failed to Wipe oirt the law, the omission would be visited with a contin uous defeat of the Republican party, and that would be a calMnlty to which he (Lawrence) would not contribute. Mr. Wilson, of Indiana, asked him whether ho , tn-urrencel did not take four thousand doUars back-pay in 1A66. Mr. Lawrence, amiu iuuu lauguwruu urer the house, replied that he did take what every other member of that congress took. He added that the salary fixed by the act of 1m had not outraged the public Judgment aud the public conscience as the act ot 1873 had done,' anil that faot furnished .perhaps some reason Why the members of that. inl Kress bad not relumed their back pay. Mr.'WIlson tried to get appointments to put farther questions to Mr. Lawrence, but the Istter, amid much confusion and laughter, re Iusad to yield the floor for that purpose. Mr. Kellogg &ed Mr. Lawrence whether the members of the thirty-ninth cengrsss had nnt taken double mileage, for'tbeinsetvos and reduced It- ?ne-half as to future cohgre sses." Mr. Lawstnce replied ihat he did not recol i.t. nroci.sulvas to the matter. . T i .-n w i 1. 1 .v. ... Y. , . . Mr- Ivanuaix acu uiui wunuci uo uau ut- ken tU Increased pay on the. last nine iconics. Mr. Lawrence replied that he had, bpt be had returned the difference to tie treasury. air. tcaMn vi(iAati , tu icbi. whilKhnhadthe utmost respect for the will of the people when fairly. expressed, he made a clear distinction between popular Will ana popular cuuuw. ic uuuuitu w ira able to show that the salary as it now stood, was lees than tlie old, especially in the case of members from the for west; and under took to do so by showing that they lost by the abrogation of mileage, the repeal of the franking privilege and the withdrawal of the allowances ior fctauuuarj uu newspapers. Waarunnllharfl tO attempt TO defV Popular will, but he repeated that be drew a wide dls- Unction between popular will fairly express- ed, and popular clamor led by demagogues and by a corrupt and partisan press. Mr.Negley made soma remarks in allusion to Twhat he called the extreme- sensitive ness of the gentleman from New York Mr. Cox, and referred to his having kept bis back pay some- time before retcrnlng to the treasury. The gentleman aforesaid appears on this floor Immediately on the commencement oi tnissesnon as me conspicuous ngure oi a croup of mntlemen anxious and zealous, in arralgnini; their associates for committing great Wrongs against the pnblie- treasury ana puouc sentiment, i aesire to reier to ma gen tleman's own acts, in order to put him in the position in which be put himself. Prom Jane -Itn. to November 5th that gentleman .drew three thousand one hundred and twenty-aye dollars, aiinougn ne was not elected as a mem' ber till November 6th. Mr. Cox Is the gentleman aware of the law on that inbleet? Mr. Negley I am aware of the law, and se Is the gentleman. Mr. cox The law Is express In regard to it. is tne gentleman aware oi tne taw 7 Mr. Negley I am aware of It. Mr. Cox Let us see what it lsl - ' Mr. Negley The gentleman has only served nine days In this congress, and yet has drawn over five thousand dollars. If that Is not drawing back-pay, I appeal to the common sense of the house. ' - " Mr. Cox Has the gentleman served any longer in this congress than I have? I was sworn In the aame dav as he. Mr. Neelev But I am not Rhowine suehta disgusting amount of virtue as the gentle man, anu consequently l am not nere m axing m v own defense. If this measure had been Introduced In the Interest of economy. It would command my vote and my earnest support; if It had been introduced out of respect to puniio opinion oy tne gentleman who had the moat right to Introduce it I mean those who had favored the increase I should have been willing to give It my sup port; but, on the contrary. It has been Intro duced by a number of centlemen who have just escaped irom tne tomes oi tiieir youtn. ana wno come nere ior tne purpose oi earn ing some new reputation, i Lauznter.l 4ir. wiison iina.j said it was not nis pur pose wj argue against me repeal oi me ssiary bill, nor to anrue that the sahir? was not fixed too high, bat he desired to show that there was nothing in that action unworthy or dis honest; that a man might vote for it and still be pure in integrity and in the conscience of alt the multitude of his detractors. He re peated to Mr. Lawrence the question whether he had not drawn backpay lu ISM. Mr. Lawrence replied that every member of that congress except the members from "West v irginia naa taken tue pay nxeu py tne act oi icon, xie conuemneu me salary act oi aiaicn 3, ISTTs not so much Ik cause of the back pay as because both the back and front pay were too high. air. wiison inu. reminded Mr. Lawrence that he had condemned it a while airo because It was back pay. Mr. Lawrence Because it was back pay too much in amount. Laughter. Mr. Bawes I want the irentleman from Ohio (Mr. Lawrence) to tell how much back pay he would go lor. TLoud laughter. He says that In I8C0 he took his back-pay because every member of congress did so. He returns his Increase of pay, because, he says, the peo ple conuemn iu bo ne goes witn me multi tude, whatever way the multitude goes. Loud laughter at the expense of Mr. Law- Mr. Lawrence desired to make a rejoinder, but Mr. Wilson, who had the floor, declined to yield to him. Mr. Wilson find. I cnntlnned his amimpnL He said that men mltrhtdirrerasto the proper suiary,wiinout rjeingettner roDoers or tnieves. The people, however, had a rizht to demand that the act of the last congress should be re pealed. The people had mode that demand. and congress was bound to accede to It, What ever congress would do, would no criticised. But perhaps the best way to dispose of the matter was to place the law as It was before, and he trusted the house wonld nut th bill on that basis. Mr. Lamlson asserted that the nonnlar clamor against the salary hill was got up mainly by demagogues and Interested poUtl clans; that he Iiad met his constituents and argued the question to tbeir entire satisfac tion, and that he had no fear of his ability to convince them again that his position was Mr. Townsend advocated the amendment propoeed b7 himself, fixing the salary of uicuiuus ui, blx tnousana uoiiars. Mr. Lynch argued that whatever change Is to be made, whether an Increase or decrease. auuuiiL not. ia.e euect uurmg tne present con- Mr. Hale Me.1 gave notice that he would try to get a vote on the bill to-morrow,and the MURDER. A Jfenly JIarried Man Killed by the Brother of his Wife in St. Lonis. Sr. LoUIS. December 9. Last Thnrsri.iv etcmug wuue preparations were oemg maue iut luu nupLiois oi rucnara isotticner ana Miss Cora Cronenbold, at the residence of the latter's mother, comer Grand avenue and Chippewa? street. Charles Cronen hold. m un cle, and Benjamin A. Cronenbold, a brother oi tne young lady, and F. W. Weber, redely entered the noose and peremptorily ordered the assembled party to disperse, and forbade me marriage octween rsotucner anu Suss Cronenbold. During the confus ion Which followed Hnttinher urns shot In the leg by Weber. Charles Cronenbold were arrested and balled, and Bottlcher, alter having his wound dressed, returned to Mrs. cronenDoiu s nouse, wnere ne has since re- maineu. inisaiternoon, lienjamln t . Cronen bold and Weber went to Mrs. Croncnbold's residence, and demanded to see Bottlcher. This was refused, but after a time notticher en me nouse, anu started to ran down Urand avenue. Young Cronenbold pursued, and fired four or five shots, three of which entered his bOdV.one Of them n.wfnw thrnnoh hf heart, killing him Instantly. Cronenbold and Weber were arrested and. locked up, aud Charles Cronenbold will probably be arrested to-morrow, as facts have been developed to- nignt wnicn seem to prove mat mere was a premeditated plan, on the part of these three men, to kill Bottlcher. The affair created a great sensation, as Mrs. Cronenbold Is the widow or the late Count -Judge Cronenbold, a man of wealth and position ; and all parties, v.s.i-cpb whuvuer, um uiguiy cunnecveu. mwmBmmmmmmm wm s- ADDITIONAL RI?ER NEWS. For frill report see third page. NASHVILLE. December 9. River rislntr slowly, witn as feet 6 Inches on the shoals. rtasoeen raining an day. warm. LouiSVIIXk. December 3. River rlslni? slowly, with 11 feet ff inches in the canal and it leet c- incnes in tne pass down tne Indiana chute: 7 feet on the rocks. Weather warm and cloudy. Arrived: United States, Cln- Kiuuuu, xiuv.iu.,jinuiwut jiurning isiar, II 1 . 1 C II 1 ' I I ... ' uvuuc.svu, uouj. . i iiiir uuix uarges, .iii clnnatl; Mary Houston, New Orleans. De parted: United States, Cincinnati; Dove No. 2, Madison: Grey Eagle, Henderson; Sam. J. xxaie sum uares, new urieans. St. Louis. December . Arrived: Canitol City, Vicksburg; Yaeger and Atlantic, New Orleans. Departed: Johnson, Qulncy; Colo rado, Vicksburg: Beaver and banres. Illinois. River falling fclowly, but all upper streams swelling and navigation to Keokuk and Illi nois nver resumed. Cloudy and cool. New Obleaxs, December 9. Weather cloudy and pleasant. No arrivals. Departed: Charles Bodmann, Cincinnati. ViCKSBCitra, December 9. River rose IS inches in the last twentv.four hours. Wenthnr clear and warm. Down: Pargoud, May Low ery, Natchez. Up: MaryMlller, Pauline Car- roil, mty or Alton, John Howard, Shannon. CwciNltATl. December 9. River rising. Arrived: Andy Baum, Memphis; Charmer, fcvansvtlle: bhlpperstown, Pittsburg. De parted! Minneola, Memphis; R. R. Hudson, wheeling. CAIRO. December 9. Arrived Cnrrln Kountz.St. Louis. 1 p.m.: Arllneton. Cincin- nail 9 n vn I V T Rl,,fr lt t. V... . ., . . J uha, St. Louis, p. m. Departed: John ICy le iuiu iuuu v. cuuiu, owxiouiSyzp. m.T ivriing ton, Mem obis, 5 p.m. Biver risen IS Inches. Cloudy. Mercury 11. . - - Pittsbukq. December 9. The Mononsra- hela Is on the stand, 18 feet 10 Inches. Evansvtxue. December 9. The weather Is cloudy; rained all night; signs of snow; mercury i0 to 46. River feU 4 inches since last night ond rose 2 inches to-day. Port list: up: Prairie City and Indiana in the night; George Roberts, a a.m,; Drif ranklln, I pjn.t IdlewUd, ip.m. Down": Kanawha No. 2 and barges, 8 ajn.; Mary Ament, 4 p. m,; Florence Lee, 4:30 p. m Quickstep, 5 p.m.; Eddyvllle, 6 p. m.; generally with good trips. Business lively. weainer rrooanuiuesj For the New England and middle States. and lower lake regions, Increasing pressure, with clearing weather, will prevail during weunesu&y. For the upper lake retrion and northwest. and thence southward to the Ohio valley, de cldedlp colder and partly cloudy westherand LLguu anu occasionally iresii normeriy to westerlv winds. The winds in miner Missis. sippl and upper Missouri valleys shining to southerly, with Increasing .cloudiness, by v eunesuay siicmwu. For ths southern .States. les3 cloudiness With light to fresh variable winds on the At lantic coast, and. northerly to easterly winds with lower temperature in the sulf States. There are .Indications that a storm of some seventy is now cenireu in me soutnern por- uuu oi uia uiui ui luexicu. uauuonarv signals are conunnnl at usvm go, Buffalo, Erie, Chicago, Grand Haven. To ledo, Alpena, Cape May, New York and New London. After the tenth lnstaut the display oT can-, tlonary6nasw1lenuS4ende4at the laki immMn. APQITONAL ARRETS. MOBILE. Mobile. December 9. Cotton aulet and easy; middling, 15c ; low middling, li$HKc ; good ordinary, 13c; net receipts, lust bales; exports coastwise. 1055 bales: sales. 100U bales: stock, t2fiS bales. CHARLESTON, CnAKT.nrnv December .iWinn nnlpt. and eiifierj vilddllbg', lijic; low middling, like: strict trood ordinarv. 13Hc: net re ceipts, iSja biles; exports to France 870 bales; coastwise, 170 bales; sales, SCO bales; stock, 5J.7J3; pales uiuiviaiun. Galveston. December 9. Cotton in fair de-1 xiand easier; good ordinary, 13Jle ; ordinary, J2Mp; net receipts, 2315 bales: sales 1500 bales J stock, 52,805 bsSes. - . 4 i ' sa'cansah;-' Savaksah. December 0. Cotton weak: middling, 15c; net receipts, UfitHi bales; ex, ports to (jreat Britain. 2000 bales; continent, sffl bales: sales, S2Q7 1 bales;, slack, H8J.24 baes, " m' A diipatoh from Cairo, Sunday says that a man- named C. L. ariflln,a player in Dan Bice's circus band, felt dead while going from the Sf. Charles hotel to the circus boat. The coroner's Jury returned a verdict of death from hemorrhage of the lungs. Deceased was a native of Fayettevlile. and hag a son living there. Dan Ulca took charge of the body. and nau it propeny lmerreu. , . Sbttrjks, of Indiana, was decided yes terday entitled to his seat In congress. A telegram from Parsons, Kansas, says that a strong appeal has been written by gentlemen welt acquainted with Indian af fairs, which will soon be published in an east em paper, to have congress organize all that part of the Indian Territory which lies east of the ninety-eighth meridian, west longitude, into aTcrritory; make civilized Indians citi zens of the United States, and let that part west of this line remain for a reservation for wild Indians, where the experiment ol civil lzlnz could be applied to the raw material. The country east or the ninety-eighth me ridian is about as lare asJndiana, and would soon have tlie requisite population to become n State of the Union. This plan is understood to meet the approbation of tbe twelve thou sand negroes, former slaves ot Indians, who object to mere Indian citizenship and desin to become citizens of the United States. The Catholic churches in New York were crowded yesterday morning, on the oc casion of the celebration of the feat of the immaculate conception, and the consecration of theentire diocese, wHU all its churches, re llirlous houses, and charitable and education al Institution?, collectively and singly, to tbe liios. sacreu neart oi J esus. DIED. FARMER On Tuesday, December 9th, at herresidenee, corner Raleigh road and Win Chester avenue, of pneumonia, Mrs. S. L. Fabjikb, aged forty-six years. TRIBUTE OF RESPECT. At the last regular monthly meeting of the Socleta dl Unlone e Fratellanza Italians, the following resolutions were offered relative to the death of Its late members during the epidemic: WiiBBEAS,Ithas pleased God, the Almighty, uie iwupc oi an, wj visit our Deiovea c-iiy witn a malignant pestilence, which has swent away in its desolating march four of our be- loveu Droiners, viz.: riupro luccahcmi, Bocco Zknw.uo, Lrini Pbrpoli, Damule tiiKi,iii uiereiure, oe it lleiclvcd. That we who have been so fortu nate as to have passed safelv through its ruv. age-, do deplore and mourn their fall, with a mauiy sorrow. lietoleed. That in their diwth the isnniptn ill Unlone e r'latoUanza Itallana. of Memphis, uuu uur uruiuers inrouguout tne lanu, nave sustained looses which cannot be replaced. J&rxolvetl. That we feel a common svmoathv and a personal affliction, the result of a com mon sorrow, and that humanity, affected and uereaveu. weeps over tneir ia l. liewhrd. That we tender to the families of our deceased' brothers our sincere sympathy in uieir lrreparaoie toss. Jiesolved. That a coov of these resolutions be sent to the families of our deceased broth ers, and to the dally papers of this city for puoucauun. NEW ADVERTISEMENTS. MASONIC NOTICE. 4 SPECIAL communication of De- ii. Soto Lodge, No. 299, will be held this IWEDNESUAVi evenlne. December 10th, at 7 o'clock, for work in the M.M. degree, all Ji. M.'s are fraternally invited. By order. BUN. F. PBICE, W. M. K, W . Shklton , Secretary. delO rilHKRE will be a special meeting of the J. Cnlvarr Literary aud Lihrarv bo- clety.this (WEDNESDAY) evening, tecem- per lum, at iy. o ciock, at tneir rooms, f rompt attendance of all members specially requested, as business of great Importance will be brought up. N. L. AVEitY, VIce-Presidsni. SHERIFF'S SALE OF Valuable City Property, betnrecn Causey and St. Martin btreets. PUBLIC NOTICE IS HEREBY GIVEN, That br virtue of a venditioni exponas to me directed from the honorable First Cir cuit Court ol Shelby county. Tenn in tha case of Walker Brothers. Uo. vs. W.J. Ber lin, Judgment rendered on the 23d d:y of January, isii, ior tne sum oi niiy-mne dol lars and one cent, with Interest and costs of suit, to satisfy sold Judgment, etc., I will, on Saturday, 3d Day of January, IS 74, 'at 11 o'clock ajn in front of my office. No. 351 seconu street, aiempnis, renn., proceed to sell, to thehlehest bidder, for cosh, the following described property, to-wit: A certain lot or parcel of real estate, bounded as follows; Commencing on the west side of the alley (or sireeit, running norm anu soutn Detween Causey street and St. Martin street, and com mencing at A. N. kdwards' northeast corner and running wet with his north line to the center of Bayou Gayoso; and thence with the center of Bayoa Gayoso westwardly to David Blaln's south line; and tnence with said main's south line eastwordlv to the said aiiev (or street) ; and thence with the west side of saia alley tor street) ronyieel to the begin ning, corner of A. N. Edwards' lot, it being pari, oi lots two anu tnree oi Diock tnirty eight (38), and being part of the same property purchased from Samuel Vance, recorded in poos iu, page csi. Levied on as the property of defendant W, J. Berlin, to satisfy sold Judgment, Interest anu cosis. Sale to commence at 11 o clock a.m. W. J. P. DOYLE, declfl SherlflTot Shelby county, Tenn. TRUSTEE'S SALE. UNDER and by virtue of tbe provisions of a deed ot trust made to me, as trustee, by W T Wonn nml Uw T 11 .... I. i ,, ,..( f. , dated July 25, I860, recorded In the office of me itegisieroi sneioy county, Tennessee, in record book No. 5S. part two. on paces 79. xn and 81, I will, at the request of the bene ficiary, on THURSDAY, JANUARY 15, 1874, as such trustee, between the hours of 10 ajn. and Z p.ra. In front of my office, No. XI Cottit street, In the alty of Memphis, proceed to sell, to the highest bidder, for cash, at public outcry, the real estate In said trust deed con veyed to me as trustee by the lollowinz des cription : "A certain lot of land, situate, lying and being in the county ot tthelby. State of Tennessee, and In the city of Memphis, to wit: Beginning forty feet north ot Butler street, running west two hundred (iUO) feet to Clinton street; thence north flity (50) feet on CUnton street; thence east two hundred (200) feet to Shelby street; thence fouth any (50) feet to the place of beginning, being lot No. 2. block , west side of Shelby street, being the house and lot conveyed by Charles Potter to the said E. K. Wlntersmith the th day of Feorusry, 1861, and recoided In book No. -W, pages SOU and EOT in the Register's office for the county of Shelby, and State of Tennessee." This sole will be made to pay so much of the purcnase money secured oy said trust deed as remains unpaid, with interest and expenses. The right of redemption Is waived by sold trust ueea. HENRY CRAFT, Trustee. Memphis, Tenn., December 10, 1878. declO MMPHIS AGRICULTURAL AND MECHANICAL SOCIETY. OFFICIAL DRAWING. Moruius Claas So. 09. IS 4 33 1 5S 1 78 55 1 12 1 11 1 TO 2 19 11 Evening Clas Bo. 80. 23 42 1 6S HO , 2 1 1 il 1 13 1 5 1 73 1 17 1 75 1 19 Memphis, this th day of December, 1873. MEMPHIS & LITTLE ROCK "WXNTER SCHEDULE. lO M MXLNCING DECEMBER 8. 187S. until KJ further notice, trains will leave Aiemnhls as follows (city time) : man iTain aany,excepianuay oaupan Freight and Accommodation, except ounuay.. d :u a.m Pullman Palace Cars on Sail Trains. Direct connection with trains on Cairo and Fulton and Little Hock and Fort Smith Railroads. Only direct route to all points in Arkansas and Texas. For information and tickets, coll at 2S7 Main street, 278 Mala street, or at depot. Center landing. A.S.LIVERMOlE,Sup't. Southern Bailway Security Co., (Lessee Memphis and Charleston R. R, and Branches), i Mxxpiiis, TE2.-2C. December 8. 1873. - . . CONSIGNEES- are respectfully requested to remove tbeir cotton promptly irom the de pot yard. In order to make room to unload. in coming trains. , W. J. -ROSS, dec7 General Superintendent. OLIVER, FINNS & GO. 800 boxes Ch?es, 1.000 buckets Lard. 59 tierces Hams. 53 boxes Breakfast Bacon. iM tubs Western Butter. 50 kegs Goshen Butter. 600 boxes Raisins. 1,000 packages Mince Meat. 100 barrels New York State Buckwheatr 100 cases Shaker and New-YbktPreserves. 50 barrels Cranberries,' 50 boxes Dried Apples and Peaches. '200 packajea Piesfeett 50 barrels Pickles. . 150 half-barrels Pickles. - 200 cafes Eagle Milk. 10,000 cases assorted Canned Fruits, Vegeta bles, Pickles, Etc. 400 boxes assarted Crackers. U cases Sardines, 35 cases American Sardines. - 1U0 bbls.Nut. Sngar, Molasses, Syrup; Rio, Laguayra and Java Coflees; Oranges, Apples Nuts, Candy. Potatoes, Etc., bought at reduced prices and sold accordingly. de7 OUTER, PINKIE A CO. Book Agent, lityoi.ee. WARD TIMES NO MORE. MARE Twain's XL iiew Book-.theGIXDlSD AGS," Is now leody. .Secure.territory-before ltlstoo late. Canvassing outnt, l to. continental Pub. Co. New Orleans ,and Bt. Louis. Agents wanted very-countylntheBoutb. dec7 emeus. AN RICE'S CIRCUS -WILl EXHIBIT AT- MEMPHIS, ON THE BLUFFS Every Afternoou ana Night THIS WEEK. GREAT RIVER SHOW AND SCHOOL OF EDUCATED HORSES. OLD DSN RICE IN THE M6 Introducing the great Blind Horse, Excelsior," At Each Performance. Fifty First-Class Male and Female Performers. THE CHAMPION ARTISTS OF THE ARENA. NOTIIE The Pavillion will ba kept warm and comfortable with Patent Heat Generators. GROCERS. GROCERS, 354 MAIX STREET, MEMPHIS ANOTHER LOT OF EEITr'S MINCE MEAT. "The Trade Supplied." New KalslBM, Flcs, 1'rnnM, and Bats of an Kinus. FRESH CANNED G00D3 OF EVERY KIND. JELLIES all styles. SEW BUCKWHEAT. PIGSFEET, DRIED BEET, HAMS. NEW MOLASSES AND SYBDPS. Worcestershire Sauce and Tomato Catsup, by the gallon. Choice Pickles, by the barrel or gallon. White Navy Beans, Hominy and Grits. New Mackerel and Codfish, with a full stoet oi au goous in our line. SPICER sfc KYAX, 334 Jlnln Street. REMOVAL. "Wholesale Grocer, Has removed to the more commodious store, Ho. 33G Frnnt Street, Corner Union, In the Masrnolla Block. He now offers low to iraae tne following articles, viz : 25 barrels new Rice. 250 boxes Factory Cheese. 300 barrels Sugar. 250 sacks Rio and Java Coffee. 50 socks Fepner. AlsDlce and Cloves. 1000 cases Oysters, Lobsters and Salmon. cases Baruines ana l tub fish. W0 boxes Raisins, Citron and Currants. 150 sacks Almonds, Filberts and Cream Nuts 25 barrels Texas Pecans. 800 pfces. Mackerel, White flab, Cod Bah and Roe Herrlnas. 3000 cases Canned Peaches, Plna Apples. Strawberries, Fears, etc. ' 3000 cases Canned Tomatoes, Green Com, Af- tosu, nutcuiusu, ureen I'eas, tjinng 500 cases Jellies and Preserves. 300 half chests and caddies Teas; 500 cases barrels and half barrels Pickles. 200 kegs and half barrels Plgsfeet. 10 barrels Uolosrna Sausage and Dried Beef. 25 tierces new Hams. 200 boxes Italian Maccaronl and Vermecelli 300 pkgs. Lard in tierces, kegs and buckets. 300 barrels Flour various grades. 100 barrels-Syrup and Molssses. 200 barrels Whisky, Gin, Brandy, Sherry and Port Wine. 3C0 cases Claret, Catawba, Bhlte Wlna and ChamDazne. and other articles too numerous to mention FURS. IS! -AT A GREAT SACRIFICE! ladies' Black French Sable Sets At 82 30. Ladies' Brown Sable Sets, At ttA nn Arctic Mink Sets, At m SO, 83 00, $8 00. Belgian Mink Sets, At $4 00. Black Astrachan Sets, At 86 OO, 87 50, 810, White Ermine Sets, Atgl-OO, 84 00, 83 00 Real Hudson Bay Mink Sets, At8lO 00,812 00, 813 00. Russian Fitch Sets, At 812 00, 813 00, 820 00. ALSO- Children's Furs, $1 75, $2, $2 50. We eontinue the sale of our ERLIN CLOAKS! At 50 per cent. Redaction. -ALSO Shawls ami Scarfs Marked Sown MENKEN BROTHERS. AGENCY. A.J.VAUGHAN&CO.j 6BNERAL6RAN6EAGSNCY AJiD COMMISSION HOUSE, So. 308 Front. Street, Memphis, Tenn. WE RESPECTFULLY SOLICIT COSSIGN ments cf Cotton and all Farm Products. Commission on sale of cotton 31 00 per bale. All orders tilled at wholesale prlcea. rteHdw B. P.DCSCAS. G.W.GOBDOX. ATTOENETSAH-LAW, So. 33 Madison Street, Memphis. KHECflATISM! BHET73TATISM! Cared In "from Two Weeks to Two Month Time, or Ao Pay. 1AM HO DOCTOR, bat a private lndivldnal. have suffered from the above complaint for the last ten yean, and have had the most celebrated doc tore In Europe and America to attend tomysntferlngs, but without doln ma any good, and I fortunately discovered a root which Is the healer ot this disease. I have cured myself completely, and I have testimo nials from, numerous people in Memphis that I have cured successfully In two wee&s to two months time. I will be pleased to sea those suffering from Rheumatism, and If I cannot cure them completely,! as It no pay for my services. Kespectfuliy yoar. JOHN 8ESSAREGO. I cart be .seen at 45 Beale street, up-stairs. Hours f rom 9 a.m. to lira, and tromZtoipjn. .Memphis, December 8, U73. decs SFIGIE & EYAN IiTJMBEEL.' M. E- COCHRAN A. HATCHER, M. E. & J. W. COCESAN Manafactnrers and Dealers In IiTTMBEK, IiATECS. Blilnglew, D reised Plaorintr, Celling, TreatlierBOardlnc sou Cedar I'oiia. A COMPLETE STOCK OF DOORS. SASH. A and minds, of tne best material, always UU U1UJU. Bawmllls north of Navy-yard. Offlce and Yard, foot of Washlnjton streets Memphlo. Tennessee. COAX. P. G. BIGLEY, COAL MERCHANT! 25 S. COURT & 278 MAIN ST., MEMPHIS, ? : : : TENNESSEE Coal deHTcTPd ta any portion of tha city BLANKETS. LANKET -AND FLANNELS AT GREAT BARGAINS. Would call attenUon to the LOW PRICES of ineir celebrated California Blankets, Holland Blankets, Nonpareil Blankets, Also, a lot of SSlanketsat 3 per pair Slightly Imperfect In manufacture. 7 SHAKER FLANNELS Medicated Flannels, SILK FLANNELS, English Canton Flannels, ALL AT BOTTOM PRICES. MENKEN BROTHERS, 261 & 263 Main St. ROLLING MILLS. MEMPHIS ROLLING MILLS it. J. wicks. J.c. TiEar. m. i wtexs. WICKS, TERRY & 00, (Snccessors to 31. J. Wicks A Sonj Manufacturers and Dealers In all sizes Bar Iron, Liglit Bails, Etc. AGENTS FOB Gulletfs improved fjgnt Draft Magnolia Gin, u uueib b oiei nrosa trin, ieenng s iiorse Fower, Coleman's Corn Mill, Ctlca Steam Engines, Champion Fire Engine and Extinguisher, Red Mountain Iron Furnaces, Bay Springs Cotton Factory. Railroad Supplies, Heary Hardware, Machinery, Nails, Etc., ON MOOT FAVORABLE RATES. No. 37 Union St, Memphis, Tenn. Between Main and Second. silks. I shall this week'show some decided NoTelties in Black and Colored Silk Dresses. Ladies) who DurDOse inakincfl additions to their ward- j robes will do irell to examine them. Our a object is to send onti me most nanasome gar ments in this country. -OK.1EK OK Main and Oayoso ts. MECHANICS & TRADERS BANS OP MEMPHIS, 2J"0. s OladlsoJi Street DIRECTORS J J. C. FIZEB Estcs, Fixer A Co. W. C. RUTLAND Rutland, Graham A Co. C C. URAHAJI Rutland, Graham & Co. WM. STEWART I. A. HAYES, JB. Accounts of Here hunts ami Others So licited. Orders for Purchase or Sale of Coin, Stocks and Bonds promptly exeented. Special attention given to tne settling ol City, State and Connty Taxes. C. C. GRAHAM, I J. A. HATES, Jr riUUllUir. I ilnn I niw Prompt wltention gtvon to colleytlonr. HOOPSKIKTS. BOUTHERX H00PSKIET and COSSET 3Ianatctorj,Ko. 383 Haia Street. WIXTZB 1S73-1874. THE new styles INVISIBLE JOINTLKSa SKIRTS for Fboxsadx, Careiags and Evsrora DSX33 are now ready. Various sizes, ot the celebrated FOLDLNU BUS TLES. In. Corsets, both real French and Homemade, my immense assortment cannoi be snrpassed. Also, Abdom- For. Werlv. Uloveflttlmi and. Misses' Corsets. Very best Corset Clasps, Boards and Laces, Pads and Stocking Supporters. Goods bear my stamp Mh Brothers mi wm 13 sl7.EH COTTOH PACTORS NEWTON FOKD. W.F.TAVLOK. 1X1 O.W ilACXAit PORDi PORTER & CO,, WHOLES AXE GROCERS, COTTON FACTORS, AND Commission Merchants, So. 35 Union- Street, HE2LPIHS, . - - . . TBSSTHggji, Will niilfA Hlwu-ql . signments of cottn. Agents ior ue celebrated Ckee-ic. umi Frew TAYLOR, RADFORD & CO., COTTON FACTORS AND Ctanimi&sion JSTercbaiita JfO. 3S9 FROXT STREET, MEMPHIS, : : ! - TiscrEsazit Maasfoeturers' Agents fer the mPKOVEi) wissnir crs, Which tor light draft, &stgtenlae aad rrtnan use, wnue it produces as good a Parnate as awr of the standard Kins of ear eooatiy. rxtaa. Brooks' ImproTcd KeroIrfagSorwrFrm Thlx Instlv DahnlJ - - . the public greatly iiaoeaved Im. a whieh we feet, assared will meet fallv wanto of the planter. Baxter's Steam Engfee. Ia siraniA. ilnnhla & - . UHle space. The very thins sr Umm' AunA fiyr&tts The J. C. Hoadlej & Co. PrteMk Steam agiae. This engine, so Um and faveraMy kMnh the south, has been greatly Impinvl. mat mttr In material, but workmansalB. ft sn niiilii aU the power necessary for tae xa vtmt. weatc Fully warranted. Gun Belting Alwaj3 oa HaadJ iWSend for Clrcnlars. ftM J.C.SIXtT s.H.BBoeas. H. x. xzx BROOKS, NEELY & SO, WHOLBiAU Grocers, Cotton Eactors COMMISSION MERCHANTS, AND DEALERS VS PLANTATION SUPPLIES 387 PRONT STREET, (Between Union and Gayoso). XempnJs, Tenn. We are also amenta for the Southern Star Oet ton Qln.manniactnred atUermantowB.IteB. J. F. DOWDY. J. F. BOBBRTHOM J. F. DOWDY & CO. COTTON FACTORS ASTD Commission 53!ercliaiiis 260 FK0NT STREET, Meiiipliis, : : : : Tennesse Liberal Advances. Cash Advances ea Caa signments only. s JOH2T BOSS EE. T. J. BAJW. JOHN ROSSER St GO., Successors to Kosser, Izard A Ca. COTTON FACT0BS AlfD COMMISSION MERCHANTS 26C Front Street, Mcuiphln W. H. GOODUKTT. 3. E. SOOBIRTT. G003IETT & CO., COTTON FACTORS, 282 JPront Street, ivmivi ims, Tzsnc. ConsignmentN Solicited. THOS. HAY. B. B. rOB3TSX CHA3. W. KKAIOrSS. F0ESTER,KEALH0FER&C0 COTTON :FA3:3gS AND - COMMISSION MBRCHAHTS, 70o. 866 ront Stroot. MEMPHIS, TESJfESSEE. BUGS TOSBANCX. J. T. TQ&BAXeX. HUGH TOBBANCE & SON, "COTTON FACTORS AND GENERAL COMMISSION MERCHANTS Sot 10 Jefferson 8U, Memphis. DICKINSON-WILLIAMS & GO COTTON -AGTORS, 6HNERAL Commission and Produce No. 266 rSOITT STESST, afemplils, Tenn. Liberal advances made on conslsnments. Johk T. BTBATTOir, formerly of Stratton, Je- Davltt t Co. Jobs L. WziLrosn.late Uraham. & WeOferd. STEATT0X & WELLT0E1) COTTON PACTORS AND COMailSSIOX 3IEHCU.OTTS, HAVE REMOVED TO 240 Front Street, cor. Jefferson J. J3U3BT,, Jf.D.JOBSSOS, Memphis. DeSoto eoiliai?. IH.COK Memphis BUSBY, JOHNSON & ., coocrour ACOCOKS AND Commission Mercliants, 27S FKOXT STREET, MEMPHIS. Rzrxszczs State National Hank, EeBolo Bank, German National Bank, First Natlomd Banlc GAGE & FISESR, COTTON FACTORS, SOS Wront Street, MEMPHIS, TEXHESSEE W. 5. &ALBREATH, COTTON FACTOR AND Couimissioii Merciiant, 12 IOT0X STEEET, MAGNOLIA "BLOCK, TIP STAIRS, Sola Agent fori tha; - - Champion Cotton Gin and Huller.