iEl)icaigo ®ribrmc. THURSDAY, FEBRUARY 5,1855. A GREAT BLUNDER. The outcry of the Copperheads against “arbitrary arrests” became loudest after the Government changed its policy, ceased to arrest secessionists and turned loose those already arrested. The leniency of the Government was construed to mean fear and cowardice. And now we hear the boast being made that “ the Govern ment dare not arrest a mouse.” It is sup posed to be completely under the influence of Its fears, and that traitors can now en joy a carnival with none to molest or make them afraid. It was a great blunder to ar rest blatant secessionists, imprison them for a few weeks or months, and then turn them loose, ready-made martyrs, to return home tcnfoldworse than before. They be come the centers of all the secession sym pathies-of their neighborhoods. They no longer feel any sort of fear or restraint, and the Copperheads seeing the safety with which the “ martyrs ” can spout treason* become emboldened to emulate them. Things are said and done now with per fect impunity that four months ago, before the “general jail delivery,” would have startled and alarmed the country, and led to instant arrest The mildness and in dulgence of the Govemmenthave bred con tempt for its authority, and in giving the Copperheads an ell they have taken £ yard, It was a great blunder ever to have made an arrest for spouting secession, when nothing more was to he done with the guilty parties than to restrain them in a fort for a few weeks, and then open the ki>g scheme. Tliclnstantnollcl Itwm affordtotUe TreißUrv-ItN Eflcct upon the Cur rency—Xhe Government and the Peo ple consollditcd-Letter from Hon, B. J- Walker. [Correspondence K. T. Times.] Washington, Jan. 31, 1863. Necessity and sound psllcy alike demand the the adoption of Secretary Chase’s well guarded free general banking scheme, as a means of averting impending peril. What is that plan? As embodied iu the bill intro duced last year by Mr. Hooper of Masachu cctts, it is, in brief, ajgcneral charter from the United States Government, under which any number of hanks of deposit, discount and circulation, may be organized and operated, under certain restrictions and conditions. Chief among the latter is a provision that the circulation of said banka shall be protected by deposit of United States interest-bearing bonds, for ninety per cent of the market value oi which (never exceeding par) Gov ernment shall issue to them blank circulating notes, to be filled in with the name of the institution issuing them, &c. Any Banking Associations already ’ in existence may avail themselves of the pro visions of the bill, by reorganizing under it in tbe same manner as original organizations. And, In order to make it the interest of ex istingjnstitutions thus to reorganize, the bill propHes to furnish them circulation without cost. This, coupled with the fact that the national circulation will be a superior cur rency, equally good in every part of the Union, receivable everywhere for hues aud all.dues to the Government, other than duties on Imports, would speedily compel every Bank of issue in the land to abandon their circulation altogether, or give their custom ers the advantages proffered by the new sys tem. Various provisions arc made to carry out the details of the system proposed, and to thoroughly protect the public iu receiving the circulating notes described; but the fore going statement gives the gist of the measure,, and presents its vital principle. IT BELIEVES THE TREASURY, BT CHECKING IN ERATION. The first inquiry of the reader doubtless V. “How will the adoption of such a plan sus tain the public credit, and avert the threaten ed danger of national and individual bank ruptcy?*’ 1 answer, by restricting the amount of paper currency alloat, keeping it entirely within control oi the Government, correcting the present great redundancy and intiation, and checking the disastrous competition now maintained between local banks on one hand and the Treasury on the other, in the matter of putting afloat their respective paper. The important hearing of these propositions will more distinctly appear as we proceed in the discussion. Secretaiy Chase, upon whom the financial responsibility chiefly rests, who has made the whole subject matter of carelul study, and whose opinions are emphatically indorsed by the President and all his associ ates in the Cabinet, tells us that the existing hank circulation prevents or embarrasses the process of funding the public debt, by which alone United States Bonds -can be absorbed and new loans obtained from the people. PAPER MONET INDISPENSABLE, BUT ITS ISSUE SHOULD BE BEBTRICTED. The Government has at its command only two resources for meeting the expenses o*f existing war—sale of Its bonds, or the issue of legal tender Treasury notes. It is notori ous that very few loans can now be effected on,terms that would not precipitate financial ruin. Unless this'can ho remedied in some way, and a market be provided for United States bonds, immense additional issues of legal tenders are unavoidable; and if Con gress fails to check bank circulation under existing conditions, the Government paper must continue to depreciate at a fearful rate. Already, gold, In your market to-day, com manded a premium over Government paper of fifty-four per cent. At this rate we begin to realize that Don. Robert J. Walker was a true prophet of evil when he predicted a pre mium oi sixty per cent. Now look squarely in the face, without dismay. if you can, his exhibit of the result which* this condition of things presents with the irresistible logic of 1 mathematics. At sixty per cent.premium, ho tells ns, if our yearly expenses reach $700,- COO,CCO in paper, this would command only S2£O,OCO,CCO in gold, thus subjecting the Gov ernment to a'loss of $420,000,000 per annum, or deducting reasonably for interest saved on the proceeds of the operation, the net loss may be staled at $408,800,000 per annum, from the use of a redundant and, therefore, depreciated currency. •Still, paper money is now a necessity. * Gold and silver *are not in circulation at all. They are boarded, just as they always have been and always will be in time of war, and es pecially of civil war. It is not the issue of Government paper which has driven specie out of circulation, but the ota'acc of specie which has made the legal tender paper a ne cessity. All history shows that war carries the precious metals out of circulation, and in consequence every nation has been compelled to carry ou its wars by use of paper money. We arc driven to the same necessity now. There is no use in mourning the fact; it is worse than idle to complain of Government forocccpthigit, and acting accordingly. All we can do is to throw around the use of tins paper currency eveiy available guard and check, keep the amount issued small as pos sible, and drive out every inferior circulation which tends to depreciate its value. MODE OF ELEVATING A DEPRECIATED CCR RENCV. It Is in this way that the banking scheme of Mr. Chase is designed to remedy the evil of a redundant currency. The local banks circu lation, now when Government has no control over it, is largely increasing in volume. The United States have issued $250,000,000 of notes, and at the same time the hanks have expanded their circulation $40,000,000. And this process, unless checked by legislation, is likely to go on in arithmetical progression— for the banks make money by the operation, and the temptation is very great. Of course those who maintain that the currency is de predated by issue of United States paper money, will not dispute the proposition that it is still more depreciated by the issue of many millions additional paper by private in stitutions, comparatively of little responsi bility. At present there Is nothing to prevent private banks from increasing their paper is sues np to $500,000,000, instead of their pres ent $107,000,000. la it not clear that if they are restrained in this, and if every dollar of private bank circulation is compelled to be based on United States bonds, the tendency to depreciation of the only currency in use (paper) will be reduced in a marked degree? To deny the proposition would be to say that a merchant is better off with half a given amount of business and with sharp, active competition than he would be if the trade was entirely in his own hands and upon his own terms. If there was no money in this coun try but United States Bank bills, the process of funding the national debt would be going on day by day, for whenever their accumula tion became too large for profitable employ ment, they would be invested in bonds, and the Government would have them again to re issue in payment of current expenses. The Secretary of the Treasury gives it as his de liberate judgment that with such a system, be would carry on the war without the Issue of another dollar of paper money. He is satis fied, after the most deliberate investigation, that nothing but the infiucnce of local bank circulation prevents absorption by the people of a national loan, so rapidly as to render any serious sacrifice quite unnecessary. At pres ent the United States legal tenders are in a great measure driven out of circulation by the superabundance of an inferior issue—local bank circulation, In exact accordance with the well-known principle inflnancc, that wherever there is an Inferior currency, the Litter will fill nil the channels of circulation, and the su perior will be hoarded. The absence oi spe cie from circulation is at once both illustra tion and proof of the accuracy of this propo sition. [From the N. Y. Times, Feb. 2.] MU. CHASE'S FREE BAXE3NG SYSTEM. The well-guarded free banking system pro posed by Mr. Chase, commends Itself In that itpromiecs the needed currency. Theccntral idea of that measure is the establishment of one sound, uniform circulation, of equal value throughout thcconntiy, upon the foundation of National credit, combined with private capital. The proposed clrcula*ing notes will bear a common impression, be authenticated by a common authority, be redeemable by the . private associations issuing them, and secured by pledge of United States stocks. Receivable everywhere for public dues, except customs: they will have an equal value in every part of the Union. They are effectually guarded against depreciation—at least more effectually than any local paper curren cy. If notes, based entirclv upon United States Bonds are not safe, what others can be? "We cannot now have private circulating notes based on specie: and as the power of the Government (for itsprcserratlon and mainten ance) over the resources of the whole coun try is superior to any other, so its pecnniaiy responsibility is greater. If the Government falls, all values are destroyed. While the Government stands its resources of taxation are equal to every emergency, illimitable and unquestionable. No State or private securi ties, of any kind, therefore, can he so secure,' in the end, as those of the Nation. The proposed free bankingsystem then, will give us a needed national currency nncqoaled to-day In the element of convenience and security. Its circulating notes, too, will save the loss by broken bank bills, computed at present to be equal to about five per cent, of the entire issue. They will saave also the losses now sustained on local currency in the way of exchange, amounting to from one eighth of one to one and a quarter per cent, on every transaction—equal probably to an aver age of one per cent, on the entire circulation, which is extracted from the people for the sole benefit of the bankers. Add to these considerations the fact that the demand for United States Bonds as a basis for banking business under the poposed bill,'will create a steady market forthem, and enable the Gov ernment to negotiate loans atfiivorablctenns, and we sec that the burdens of war have In a measure been alleviated through a dlmlnni tion of the rates of interest ora participation in the profits of circulation, without the least risk of a great money monopoly.. The sya. tern provides a national bank, in effect, whose management is directly in the hands of the people themselves. THE GOVERNMENT AND TOE PEOPLE CONSOL- IDATED. In addition to all these public advantages thus set forth, is another of no light Import —the interest of labor and capital of the banka, and the Government, and the people, ore so forcibly stated by Hon. R. J. Walker, would for the first time become Inseparably united and consolidated. The people would have acquired a new and direct interest in the support of the Government,-because their currency would depend for safety on the maintenance of that Government. Each bank would become a powerful auxiliary for the overthrow of the rebellion, and would fuel con strained to lend Us every exertion to that end. Then just as the banks arc strengthened and their capital and profits arc Increased, would be funded more and more Treasury notes, and the country would bo saved from a redundant and depreciated currency. While Congress abdicates itenuthority to regulate the currency leaving to the States the power to provide the circulating medium, it places in the hands of the latter the sinews of war, and clothes them with a power to overthrow the Government. If there were no other reason, this of itself should be ample argument for the prompt substitution of some National currency in place of that driven out of circulation by the war. , S. LETTER EEOM HON. ROBERT A. WALKER TO SENATOR SHERMAN. Washington, Jen. 81,1863. The following letter was to-day written by Hon. B. J. Walker to Senator Sherman, as a member of the Finance Committee of the Senate. Its suggestions are especially im portant at this time, and its arguments must carry conviction; Washington. Jan. 31,1563. Ron. John Sherman, United States Senator, &c.; Dear Sir: I have read your bill to provide a national currency, and, in compliance with my promise, suggest for your consideration the following amendments; .TmY —In section 19, strike out the limita tion of these notes, or increase tbe amount to rst least $300,000,000 now, and an augmenta tion of ten per cent, every year. My reasons for this suggested change are as follows; The system proposed by you extends over a period of twenty years, and should contain provisions based on that consideration, and calculated to give stability and permanency to the system. The new circulation should be adequate to amount to become a substitute gradually for the* notes of all the present banks, not by coercion, but by their own choice, and the preference which the people would certainly give to the new system. By table 34, p. 11«, of the eighth census, the con dition of the banks was as follows Capital for 1800.... Capital for 1550.... Loans forl6oo Loans for 1600 Specie for ISM Specie foMSCO.... , Circulation of 1660. Circulation of 1850. Deposits for 1860... Deposits for 1860... Thus you will perceive that in iB6O the cir culation proper of the banks, exclusive of specie, exceeded $207,000,000, and the circu lation and deposit reached $4(50,000,000. Tou •will perceive, also, that from ’SO to ’OO the Increase of circulation proper exceeded $53,CC0,C00, and the increase of circulation and deposits exceededsl7B,ooo,ooo. Now, by reference to tabic thirty-five of the eighth census, p. 195, our wealth increased from 1850 to 1800,120.45 per cent. As wealth Is the true standard by which our currency should Increase, our bank circulation, includ ing deposits, increasing at this rale, would have been $1,009,(500,000 In 1870, and $3,349,- 490,000 in 18S0. But, if we diminish the amount at the end of the first decade by one fourth, the result would be $770,700,000 in 18*0, and $1,763,122,000 in ISBO, specie not being Included in these tables or calculations. Bank deposits are equivalent to circulation in swelling the volume of currency, there being no difference in that respect, between bank notes held by individuals In their safes, and bank notes deposited by them, with the banks subject to immediate check. If the new bank notes were limited to $200,000,000, more than one half the amount would be re presented by bank deposits, as shown by table 34. As the object of your bill Is to substitute loans taken by the new banka at par for our present currency, and to fund legal-tenders in United States stock, and thus arrest tbc alarming depreciation of these note.*, and re store the public credit, why limit the extent to ■which these notes may be funded 'i If it be said the amount may be increased hereafter, whv leave this to any future or doubtful con tingency V Now is the time when it Is Impor tant to arrest depreciation, and advance the' National credit, and this cannot be accom plished to any great extent, with the limita tion to $.’00,000,000. With such a limitation, we shall certainly have two bank paper sys tems, the present and the new system, each warring against the other; hut in the absence ot such limitation, the present banks will gradually, without any injury or convulsion, transfer their capital to the new system. Sure ly this Is a most desirable result, and should not be prevented by any limitation, but, on the contrarv,encouraged in every proper man ner. Fully concurring with you as to the im policy and unconstitutlonality oftho present I state bank issues, yet I do not desire, nor do I believe you do, to do any injustice to these ' institutions; but rather to frame sucha bill as would make it clearly the interest of the old I hanks to transfer their capital gradually to the new system. Experience has shown that there is no dan ger of too large bank issues, where such re strictions exist as are found in your bill, and whore United States stock, with sucha mar gin as you provide, must he deposited before receiving the notes. I think, therefore, that there should he no limitation as to amount. In any event, these poles cannot he depre ciated as much as legal-tenders, because they will be secured by the Government stock, with a margin ot allcast ten per cent, addi tional, and vj all the capital of the bank be sides, under a prior lien. Indeed, so import ant is this measure deemed by me, that 1 be lieve its passage would soon be recognized, at home and abroad, both North and South, as insuring the speedy overthrow of the rebel lion. But if Congress adjourn without the adoption of such a measure, our finances may he overthrown iu a few weeks or months, be fore decisive victories arcachievedinthe field, and thns tempt foreign intervention, increase the lamentable divisions iu tbc loyal states, stimulate the South thus to renewed exer tions, and expose the Union to imminent peril. I am assured, if the bill pass now, that new banks under this act. would be at cnee organized in New Orleans, which would be a most important step toward restoring the allegiance of Louisiana and the whole Southwest. Doubtless such new banks would also soon be organized in Memphis, Nashville, Alexandria, Norfolk, Newbem ami other Southern cities, os, from time to time, they might be permanency occupied by our troops. The introduction of such national banks and currency into the South would operate as an immense reinforcement to onr armies in restoring the supremacy of the Union. ******* Second —The twenty-first section retains two per cent, of the bonds field by tbc new banks in lien of the taxes. As these bonds, by your bill, must exceed the secured circula tion at least ten per cent., this provision would moke the tax in this form upon circula tion, ton per cent, greater than that proposed in regard to the old banks. Such a discrimi nation might endanger the success of the new system. In my opinion the tax on the circu lation of the old and new banks should be the same, say two per cent, as you propose, and tins, as regards the new banks, as fiscal agents of the Government, should be in lieu of all other taxation, Stile or National. Third —In sections forty-four and forty- I eight, I think St. Louis and Chicago should be added. Fourth—As to section forty-nine, I think Congress should prescribe in this act organ izing these national hanks, one uniform max imum rate of interest, taking seven per cent, which prevails in New Tork. It docs not fol low (as we now see in New Tork) that so high a rate would generally be charged. This would he regulatcdT by the law of supply and de xn&ndr One of the great powers of the Bank of England, and of other European banks, Is to check dangerous Inflations by raising the rate of Interest on loans* by the banks, and six per cent here as a maximum is too low to accomplish this all-important object. If the rate of Interest be not uniform, great advantages will be given to these new banks in some Stales over others, amounting, In some eases, to nearly double the rate of interest, thns restricting the benefit ol extending the new system equally throuchout the Lulon. In some of the States a different rate of interest is pre scribed in different counties. As these new banks are to be the great holders of United Stales stock and fiscal accateof the Govern ment, It is essential thatno State should have the power fo destroy them or impair their usefulness by taxation, by regulating the rate of interest they mar receive, or in any other way. All national bank charters heretofore have provided one uniform rate of interest on loans made by such banks throughout the Union. Besides, the rate of seven per cent, would in sure the speedy success of the new system, and the gradual transfer to It of the capital of the present banks. Fifth—ln scctions7,these new banks should be made and drcfural to be JUsedl ageuts of Me Gcnrnnuut. This would place their consti tutionality beyond question, according to the principles already settled by the Supreme Court of the United States. * * Seventh—Section 20 coniines the lowest de nomination of notes to be issued by the new banks, to* $5. This would be well, and even a higher limitation, when peace shall be re stored and specie payments resumed. But I think at present there should be a different provision. The banks (if any) that will be the most injured by ihe new system are mainly the small country banks. To prevent any such injurious operation, I would give to banks having a capital not cxceedlng§3oo,ooo, all the Issue of notes of lower denomina tion than $5. This would be a vast inducement to these small banks to transfer their capital to the new system, thus funding a lanrc amount of our national currency, under $5.00, in United States stock. This provision as to notes under SS.OOshould continue until specie payment was resumed by the Government, and, after that period, all paper currency under $5.00, emanating from any source what ever, should be positively prohibited by Con gress. If the present provision as to §5.09 be retained in the bill wo shall have all the evils of two conflicting bank systems, the old and the new; and the notes of the old banks under §5.00 (mainly.entirely unsecured) will pass chiefly into the hands of the working classes, who, above all others, ought to be protected against losses by bank notes. California Treasure Going to England The steamship Sonora sailed from San Fran cisco a few days since, with $1,250,000 in gold for England, and only $300,000 for Hew York. This diversion of gold from New York, is without doubt the result of the recent capture of the Ariel by the pirate Alabama. Shippers do cot like to take the risk of capture and they thus put their money under the protec tion. of the English flag. MINNESOTA CORRESPONDENCE [Special Correspondence of the Chi capo Tribune.} Sr. Paul, Jan. 81,1363. ANOTHER INDIAN WAR. The opinion of the oldest andbest Informed citizens is, that there will bo a severe Indian war on the frontier, next summer. Little Crow is at Devil’s Lake with plenty of arms and ammunition, at the head of 3,000 warriors, having effected on alliance with the Yanktons, a stronger and more athletic race-thaa the Sioux; and he professes to believe that he will be able to sweep the white man as the prairie fire sweeps off the leaves and grass of autumn. As soon as grass puts forth in the spring, he proposes to commence operations on the frontier, hoping to induce the Chippc was to join him. The Chippewas, too, are, in many places, behaving badly. In Chisago county, accord ing to the latest advices, they have fired two or three residences and wounded one man. The Indians were said to be drunk. THE LEOISLATUBB. The action of the Legislature during the last two or three days lias been confined, mainly, to subjects of local interest* I notice a good deal of special legislation in behalf of counties and towns. There arc some topics, however, of general interest. In the Senate, Mr. Smith,from the Commi ttee on Railroads, to whom was referred the memorial to Congress for an additional grant of lands to the Minneapolis and Cedar Valley Railroad, reported the same hack, and recom mended its passage. The bill to amend the law creating a special Board of Auditors, after various amendments, and prolonged discussion, was read a third time, andmssed. In the House, the memorial to Congress for the entire removal of all the Indian tribes from the State of Minnesota, was read a third time, and passed. The bill introduced by Mr. Murray, which will come up in Committee of the Whole, amending the charter of the city of St. Paul, provides forthe establishment of a workhouse and the organization of a chain-gang; so that offenders mavbe forced to work on inestreets. It provides also, for an Assessor. Street Com missioner, and City Surveyor, and contains a prohibition of the issue of any more bonds at a higher rate of interest than seven per cent. A WALIOXAHT DISEASE. A severe disease is prevailing in town among tho children and youth, supposed lo he a malignant form of measles. It is called by the people Indian measles, and is now* pre vailing among the Indians confined at Fort Sneillng, and at Mankato. Mr. Thayer, of the Prtsx office, who escaped from his home on the frontier, with his family, at the time of the massacre, has lost three of his children within a few days by this terrible disease, and a fourth one Is apparently at the point of death. This scourge is laid to the clarge of the “ Poor Indian, and adds, if possible, to the intensity of hate and execration against them. Their removal seems to be an abso lute necessity, for their own takes, as well as for the welfare of the whites. .£J21.550,005 . 227,460.074 . 651.4b5.580 . 112,607,653 .. 53.66i.52S . 48,671,133 , 207,145.477 155.012,881 253,802,129 127,567,635 Xlic First Regiment ol* Sonth Carolina Colored Volunteer*. Gen. Saxton has transmitted the following to the War Department: ÜBAuronT, S. C., Jan. 85,1563. Hon. Edwin M. Stanton. Secretary of War; Dear Sib :—1 have the honor to report that the organization of the first regiment of South Carolina volunteers Is now completed. The regiment is light infantry, composed of ten companies of about eighty-six men each, armed with muskets and otfieered by white men. In organization, drill, discipline, and morale, this regiment, for the length of time It has been in service, is not surpassed by any white regiment in this department. Should it ever be its good fortune to get into action, 1 have no fear bntil will win Its way to the con fidence of those who are willing to recognize courage and manhood, and vindicate the wise policy of the Administration, in putting these men into the field, and giving them a chance to strike a blow for the country and their own liberty. In no regiment havel everseeu duty performed with so much cheerfulness and alac rity; and as sentinels, they arc peculiarly vigi lant. I have never seen, In any body of men, such enthusiasm and deep-seated devotion to their officers as exists in this; they will surely go wherever they arc led. Everyman is a volunteer, and seems fully persuaded of the importance of his service to his race. In the organization of this regiment I have la bored under difficulties which mteht have discouraged one who had less faith in the wisdom of the measure; but lam glad to report that tbc experiment is a complete success. My belief is, that when we get a footing on the main land, regiments may be raised, which will do more than any now in service to put an cud to this rebellion. I have sent the regiment on an expedition to the coast of Georgia, the result of which I shall report lor your information, as soon sis it returns. I have the honor, also, to report that I have commenced the organization of the second regiment, which is to be com manded by Colonel Montgomery. I am. sir, with great respect, Tourobedient servant, R. Saxton, Brigadier General. What nu Ixttliana General Tltiulc*. The following letter was received, a few days since, from an Indiana General now serv ing in the army of the Southwest. It speaks for itself: Dexr Sir—l have read, with feelings of shame, of mortification and contempt, the proceedings of the Democracy of Indiana, our noble Shite. I write this morning to assure you that the loyal citizens of Indiana neednot fear the adhesion to treason, or the encour agement of disloyal sentiments by her brave troops. Their devotion to the glorious cause of liberty has been shown on too many battle fields fur any traitor ever dare to hope for sympathy. ‘Meet the traitors boldly! Let Indiana be the first State to prove, by hanging, that she is yet true to her plighted filth to maintain the Union! 7R LAKE STREET.—AVc invite • O the attention ofthe trade to our large stock of COSSETS, SKISTS, HOSIERY, Velvet and Trimming Ribbons, BUGLE ASD STEEL TKQDUSGS, GILT AM) JET DEESS BUTTONS SILK AND WORSTED Embroidery and Dress Braids, THREADS, ice., Arc,, All of wlilclr we will sell at less than NEW TORK PRICES for net casli. Close Layers arc Invited to call. GKAYES & IKVI.YE, fc-l-zTCT 73 LAKE STREET. Q-EOOEEIES. 16 & 18 STATE STREET. Ci. C« COOEC & Gdi, WHOLESALE GROCERIES. Cash buyers arc Invited to examine onr Stock. nsM? M°^ KY T0 LOAK On Improved In*idc Properly, Worth doable the amount loaned, Must i-c In snnu not loss than ?S.O{W. UIGGISSON * JAMES. jnSVzfCv-lm No. 1 L'lirk “treat. JpREKCH ARTIFICIAL EYES. ANoun;r. large lot ok FRENCH ARTIFICIAL EYES, Just received by GALE BROTHERS, Wholesale and Retail Druigl?ts. 2W Randolph street, Chicago. dfl3-x < rtMy yy GOD! WOOD! WOOD! FOB SALE. 100 cords Mixed Beach and Maple. ia the yard. 100 cords Canada Hickory Wood, la the card. Apply at M 2 Sooth Water street. Steel'S Building. Jali-zIRHm rj£o BOOK BINDERS, A Good Blank, Book Finlsker, A Good Blank Book Forwarder CAN FIND STEADY EMPLOYMENT by applying Immediately to JONES, PERDUE & SMALL. jaSO-g:rt?-lw V£i Lake Street. gTEAM ENGINES FOR SALE! FOB SALE, CHEAP FOR CASH, TWO NEW STEAM ENGINES. OnelS by SO Inches—so horse power. One 10H by 20 Irenes—lS horse power. Each Entice Las a fiy wheel.heater, force rmmp.checS valve, and counter i»haft with pulllcs. Apply to JAMES WAKNEK, C<3 State Rtrret. or to 1 SA>'FORD n. PERRY. 101 Washington street. jaTfrrlUMm “TA TONS TOBACCO-Of reliable t/ V/ and standard Kentucky brands. In boxes, half boxes and caddies: also, fine cat chewine and smoking of ftpnrored manufacture. In barrels, half barrels, &c„ for sale at current rates by FAItSOI\S.PITKIX& HASKETT. 71 South Water street. auT-tsat-ly "TCTOTICE—Hadam Andrews, In- J.N dependent Clarlvoynnt.from Boston. Mass., can ■be constated at 250 Madison street, between Weils and Market. Clairvoyant examinations fl, She also tells tbepasf.presant and future. Term#—CO cents. Hoars from 9 a. m. to 9 p. in. jaa>-z*3S-lm ■MIGHT SCAVENGER.-Charles Ruse will attend to the cleanlne of Vault*. Priv ies. and tlie removal of offensive matter of all descrip tions. spoiled meats, dead animals, &c., &C. Rainwater cisterns cleaned and perilled. All work attended to wlib promptness and disrate!), and at hours to suit able. Postoglcello3t4u9. ]al3-rSG-tm L CORNELL & CO’S SEWING • MACHINES, of all stitches, at 133 Lake street. Wilcox & Gibbs* Twisted Loop-Stitch • Taenart & Farr Donble-Lock Stitch; Empire Shuttle Lock atitch. The Simplest, Stillest, Fastest and most perfect to be found. Also, Barnaul's •• £zu Sswxs " Machine Sup plies. &c. L. CORNELL & CO del6-ylfi7-6n gox 81, Chicago. 01. pRIME MALT BARLEY, $1.50 to $l6O per bushel, 34 lbs. Bye Mall One Bollar.SStbs. IRWIN & MORKT. , P.O.Bwlsa. ppirairl 3 Basra ot TTsa. Boilda* gTRYKEE & CO., 141 T.ATTE STREET, Arc now offering THEIR ENTIRE STOCK OF WINTER CLOAKS A.T COST I Comprising: all the best styles in market. Shawls of every description. WOOLEN HOODS, SKATING CAPS, SONTAGS, NUBIAS, SCAUPS, COMFOETEES, ALL AT GREATLT REDUCED PRICES. To close the Season. ¥OOL BEL BLANKETS M lees price than tiey can. now te Lought for. bBESS GOODS, GLOVES. HOSIERY, A.VD KIIIBO^S, iOO best styles of Babuoral Skirts -A.T LOW FIGURES. Gr* The attention of the trade te called to the above goods. STRIKES & CO., 11l LAKH STREET. myl&-r172-ly gu T LER’S GOODS, WINTER GOODS, DRESS GOODS, CASSIiH£B£S, HOODS, NUBIAS, SONTACS, And the most extensive and attractive Stock of Staple and Fancy Dry Goods AT WHOLESALE IN CHICAGO. ST'Ordcrs accompanied with money or references, eecorc oar best atteniloa BOWEN BROTHERS, ' IMPORTERS AND JOBBERS. 72. 71 and 73 Lake street. Chicago. QLOTH HOUSE. FIELD, BENEDICT & CO., 8-1 & 36 l*alco street, Have now in store the largest stock ol COTUS, CASSDIEUES, VESTIXGS, SATINETS, • Sheep's Greys, Heavers#, Hilots, ivXeltozxs, And nil ether poods for MEN'S WEAR, ever exhibited lu tMi market. M ebciujsts are invited to ex* £mlue our sleek of goods of all kinds for OFFICER’S UNIFORMS. Bloc Cloths, Bluo Flannels, Bluo Casslmercs, apT-pioiiy CKATING PARKS NOW OPEN FOB THE SEiSOS. If You want Skates go to BABNUM BROS, 1-33 Lake St, and see tbc SHELL GROOVE .SIvATE, NORTHWEST SKATE, Boston Rockei* Skate WHITE BTJPPAIO SKATE, And all other patterns now in use. BARWUfVi BROS., No. 138 lake street, between Clark and Lugalle streets. Q.ROCEKDES. mm, BKIGGS & CO., 75 South Water street, Chicago, Offer for sale AT THE VERT LOWEST PRICES to CLOSE BUYERS AND PROMPT MEN. a well selected stock of GROCERIES AT WHOLESALE. EMBRACING fSvtgiii-s, JFisli, Teas, Toljacco, Coffees, Rice, Syraps, Spices, Molasses, Soaps, I>z*ieetweea Van Enrcnaad Jackson street. Lot 73x150 to an IS fool alley, Houve two f.torrframe.convenient nnd In good order. Apply to GEO. M. RIGGINSON. I Wheeler's Block. southed: corner of sooth Clark and Water streets. fe-l-rTKWw 'C'OR SALE—A House and Lot, JL 1 situated on South Water street, between Wabash and Michigan arenne*. 24* i feet front hr 100 deep. A perfect title given. Inquire of JOHN RYAN, on the premise?. JCSonth Waterstrect.orJllCllAEL BERN’S. ICS Chicago avenue. fe3 F3R SALE—A two-storr Frame House.and the lot on which Is stand*. The pro. petty l* on Sedgwick street, two block* north of Divi sion street. For term* apply at M.TEKIIUNE'S Show Ca.»c Factory, 63 Dearborn street, (up-atainU fc3-zCM-3t F}R SALE.—Pianos.—A variety of sevcn-octavc Plnno Fortes, one second-hand for sale at 11C Sooth Dearborn street, on second door Will b* sold cheap for cash, or on such time a* will salt Repairing and Inning promptly at- Almv-o’dc Corn-Sb&Der. capable of shelUar 2.000 bcrhols per day. Price |CS, For sale by ja?l zfcS-lm J. PRESTON. [7 OR SALE.—TTatcr Power Wbol- X en Factory. Paw mil and Tannery. All new and la good order, with dwelling house and to acre* of land being the lower mills nt county jicat of Sank coonty. 'Wisconsin. Original cost. *17.000. The powerhaf. 13 feci head, estimated as sufficient farm run of stones. W. F. FLANDERS. jag-itISQ-Sm SUlwaukee. 170R SALE—Rare chance. We X will dispose of the stock lease and fixtures of our well known and liberally patronized Custom Boot and Shoo Store. No. u Dearborn street, on reasonable trims. The business has been established tea years. Stuck on hand worth from f2,500 to ?n.noi». j>l2-zMn KKLLER BROS. X situated between State and LasaUe sad Monterey and Buena Vista streets. Terns cash. Sold in lots of fretn two to fixe acres, if ptefeted. To any desirous of purchasing for subdivision, this a fiords an excellent opportunity, as the land Is surrounded by rapidly in creasing settlements. ALfo, for sale, several Lorn in the West and South Division, Apply to GEOKOK M, UIGGINSON. southeast corner of Clark and South •Water streets No. 1 Wheeler's Block. JaSHOSOdw AND BOILERS FOR SALE. • Engine 18 Inches boro and 42 inches stroke, with oand flvwhccl. 56 Inches free, ID feet dla.. tnaaufrc tured by Lawrence Machine Shop, Lawrence, Mass. Three Boilers. 42 Inches diameter, and 24 fret long, with two 15 inch flues In each. Flrofront and fixtures, all complete. All In perfect order, used but a short tine, good as new. Will sell Boners separate from Engine. AL>o. Iso feet six inch cut ghafiingpnioira boxrsand couplings. JOHN T. NOTES. jwS3.zSs ft -lro M Market street. FOR of the most beautiful, healthy, rural retreats. home*, farms— all combined In one—that has ever been offered for sale In the Western market. The property consists of WO acres of rich, highly cultivated, prairie and woocr laad soil, with plenty of hOI and, dale in close proximi ty to the residence, to add romantic enchantment to Its attractive beauty. Much time sad money has been spent In embellishing the property, and In erecting suitable buildings thereon, by a gentleman of taste, education and refinement. It la located with throo fourths of a mile front, upon tne bold bant* of Rock, River, and adjoining the CUy of JaneavLle, VTUconata As a Farm and a Residence IT TOOK THE PREMIUM At the State Fair. For a geaUemaa of taste, wealth and position, wishing to retire from tha exciting tur moils and corrupting influences of a city Ufa. to live as the God of nature Intended ho should live, this U indeed one of these rare opportunities to secure for himself and frrally a beautiful home that U seldom S resented to man, more than once or twice ia a Ufa □f. The pecuniary dinners ofll/ala the oalr Induce ment that causes tha sale. For particulars. addruM or call upon K. H. CUIUIIKOS, 152 fonib dirk itrttt Chicago. Illinois, orupoa J. W.STOKST.Ksq.. Jaa<£ yUe. vrbsoMia* Jilyte-L* HJanUft. WANTED—A purchaser for a » * Retail Drug Store. handsomely flj***' np.nnl centrally located. For further particulars so|lroa4 Port Office Box 2501. Chicago. 18. \\T ANTED—A Scotch or German ' 7 7 Girl to do general housework. Apply a*®® Indiana street. fet--3t ANTED, $4,000 FOB FIVE TE.UIS, Secured on first class Improved City Property. nnen cumbered on which seven per cent. Interest will be paid. AildreAs ,, J.w.’'postOfficeßotyH. Chicago. feS-zTWMt Xy'AXTED—A Paper Box Maker. » » Inqn!roa{Ol?andolplistreet.oradilressPo«t Office Box -SStO. _ fvS-t~ot-3t -\Y ANTED—Two good second- T f hand Peaks for an office.'" One standing and. onesltticg. Apply at 17 South Water street. feS-rOW-St AA"ANTED—lmproved Real Ea- T v tnte, good personal property, or Southern State Stocks In trade for the nsguUlcent Panorama, of FmwW* Travels. Address Immediately ~J B J.'* Tribune office. rc3 zSSi-lw Agents ! Agents ! I Scnnetiing 1 Nets’, Useful and Saleable. Save three times their cost. Nkcxssrnzs In every family. Ist>iap»x».\Bts to every person. Foremen- Jars and terms Inclose stamp. Aeurs Is vex rose Depot. t fet-ztHS-lwl lUCE X CO., near P. O. \\ r AX T E D—Agents in every T r county, city and town'ln the State of Illinois, to tell an article necessary In every household, store and office, and ot practical ntilltr and economy. FtiCisitle agent* can realise from *5 to |5 per day. Very steal! capital rccuircd. Address Post Office Box f£'l. Chicago, or apply to K. N. TOLX’ET, Custom House Place, third door from the Post Office. jaSt-zGQI-lm AA ’ ANTED—Entry Clerk.—Ad- T ? dres»P.O.Drawcrf>C33,laapi)llcanlshandwrlt- Ing, giving references and salary expected. jaassStt-iw O. F. C. ~\\T AX T E D—To Exchange.—A' T t Farm of 3tP seres, -within 50 mile* of Chicago, and ore mile of a depot and a large village, under a cood state of cultivation, also pood buildings therooti. for a stock of groceries, dry poods, wood, lumber ves sel, or real estate. For particulars address “FARM. Ki;,“ P. o. Bo* :*'6. jaa^-asa-Sw ANTED RAGS FOR CASH. Tie highest price paid for Cotton and Woolen Bag*. Old Paper. 4c.. 4c..at It Latalle street. GILBERTS PALMER. WAX TED-REAL ESTATE » T FOR CASH—A 50 foot Lot In the North Divis ion, to be Kant of Clark street and South of Chicago Avenue. Address I*. O. Box KK, JihzSiJiff A'V' ANTED —A purchaser for a T T amcl**aManaftctaringßuslness,withacan lt.il from *3.000 to *a,CtO. Addrcs-* Post Officeßox3*sd. JrCIS-zhfr-lvr VVANTED—A few good Canvass- Tv era to sell “Abbott's History of the Rebellion.'’ First Toinnu* nowreadv. Addict or Apply to CLAHRiS & Co., Box -tlSLor lit* Lake street.Chicago. 111. jiCI-gtCS-lm ANTED.—I wish to purchase f » a first class Retail Grocery. Tho*e wishing to sell will state amount of groceries on hand, averaged sale* per day. amount of rent, number of street, and distance from Court House. Cava Dowtf. Ji’-l R. C. SMITH. Rochester.??’. T. A V ANTED—Persons wautinr- T t Male or Female b A lp.for city or country .should call at Stewart Hamilton's Emigrant and Employment Office, irv Clark street. 31. K. Church Block, Chicago, or bv letter—l’, o. Cox BH2. Care taken to supply families with competent persons. JaiS-zht-lm A,\f ANTED—Agents for a New v » Letter Paper for Soldiers; no Ink used. (got Impression paper.) Also. Clark's Patent lad«‘Hlnia Pencil for marking clothing. Ink* superceeded. Sample* and prices ofc-chscnt on receipt of thirty cent-* to K. P. CLARK. Northampton.Masa. Bo*3B. Jal&zllSSw \V ANTED—Agents. To soli the v » New Book called "the Incidents of tho War; or, Tbc Romance and Realities of Soldier Life. Poh -1 l>iirtl In pamphlet form. Retail £3 cents. Five to ton dollars a day can be made selling this bonk. Send stamp for circular. H. R. LANDON. Agent. S3 Lake street. Chicago. Illinois. P. U.Box ItS. Ja3* gIC-ttn WTVAIC TED— Agents to canvass for » » the forthcoming History of the CItU War la America, br .Imis S. C. Abbott, (author of the Life of Napoleon. nM«.ry of t-'ic French revolution. Monarch* of Continental Europe. ic.> Agents will Dad tills • rare ?cl!ln*r boob. Tenu* liberal. Apply for territory too. F. Glr-liS. 134 South Clark street, Chicago. 111. Po« Office Box aw. np'it-pAO-Iy \XJ A X T ED—(GOO,000) more ' ’ Apcnts to sell onr row EMPIIJK CITY and PATRIOTIC COMBINATION PKIZE PACKAGES, Mcvt wonderful In content*; uncqßAiled for money mnklrc: rcrUav r;n»y. Send for circulars. JalS-zIQT-lm C. .M.fU'XN' & CO., PI Clark nt.,CMgnc;o, \\T ANTE D—Employment for T T American. Ennllsh. Irish Scotch. German*and colored servant!*, wltli cooil city reference;*, at Urn PiiiladeijiMa Inldlljronce Otllce. No. 130somu - -"T strert.betwcrnMonroflaml Madlsonstroct*. Country order? punctually attended to. Post OClc* Box. JfijJ MBS. I>. PEATTIn attendance. d-^k&ljr AX TED.—§ 75 a Month!—l T » want to hire Agents la crery coanty at s7> a month. expenses paid, to !**•!! my cheap Family Sewia** JlaeLlnea. Addrtss S, 2IADISON',AIIred, Mate - myio-rgl-Iy ffin A MONTH!—'We want Agent* at &0 a month expoiwc* paid. V* sell our Everlasting Pencil* Orica* lal Burner*, and thirteen other new. useful ami Cortona articles. Fifteen circulars sent tc«. Address SHAW A CLARK. UUMcfonl.ilalne. JaAySXWm Agents. §3O per »* month and all expense* paid! TV© will oav tbs above price to honwt. active agents, or allow a liberal cotninksloQ for scli'rigUie STAIt S&WIXU MACIIIXK Retail price. *l3. TVe have intent* whose comralaalooi average {ICO per mouth. Particulars sent free for Circular. J. O. JAItVIS * CO., Post Office Dra^erggp.^nltcigo.Cl no7-x23^?txi ANTED—At ICO Dearboru-st., * » opposite the new Pont Office. SITFATIONS FOR DOTIESTICBEIP. No girl sentixom the oillcetmi ess able to fnrnlsh satis factory reference-from former employer. Parties caa obtain same by W'lyiDe a» above or addressing Mrs. A.L. BALK.\sf.P£st OUlce BoxXBS. nol-rSTti-Oitt • T\rANTED—lnformation of Wil * * Ilam C. Ash. non?. an Insane man. now at largo In t!iU State. He 1» SB year*of ago. about 3 fe> t S ln«n cs In height. stoops slUjhilT, bu a timid and downcast look, and 1# somewhat slow of speech and reluctant to C'-averse. Information thankfully received by SJil’li li.ASIDIOBS, of Oakland. Coles county. DL. or at the Institute for the Insane at Jacksonville. Ja2T-zi. Fart or all of the Furniture for sale on res •enable trims. Applr toC.E. HOLMES. Honso and Land Agent. 33 West Randolph Htreet. fot-*Ttlst RENT—A suit of four hand- X some room*, on second door. In a fine location, on » aba-h avenue, twelve minutes ride from the Post Ode*. Kent cheap until first of Mav to resneetablo PiX ln ® Address "JL V.” 'Post Office Box H ± fel-z:mt Tj'Oß BEST OB SAXE—The X three story stone front dwelling 30} North Lasalle street, with or without furniture, and grounds adjoining. Also.house SC6. These dwellings have an the modern Improvements, with two-* to nr brick stables. Ac., la rear. O. S. HUBBARD. 147 South. Waterstreet. jog9-E33Hir RENT—New and second-hand PIANOS. A large assortment of Pianos and Melodesna •«- wbole.-aTe and rctalL Orders from a distance nnvw J? to. IV. W. KttmAT.T. lOTLalttattSS 6 * 0 BENT AND FOB'S!!!; PIANOS AND lOXXODEONS. Allowance made for hire If purchased. All kinds of Instruments repaired. Tuning promptly attended to 1 do cot rent to go into the counaV. WiL K. PROSSER. 130 Clark street. Booriimg. T? O AKDIN G.—A suit of furnished XJ rooms, at fit Lasalle street, wIU be vacated to morrow. tvoold any one like to occupy them* JaSl-tfilMw J. t. SIIKPLST. T>OARD. —Desirable Rooms can bo X-J obtained, with Board, by applying at 143 Wabash, aycau-j, betir««a Madieoa aaa Moan*. ja3>tO-Lm. qTo Rent.