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THE CHICAGO TRIBUNE. nxTTP I a WEEKLY TEIBIE. THE LEADING NEWSPAPER IN TEE NORTHWEST. THE PAPEE POE THE FARMER, MECHANIC, MANUFACTURER, MERCHANT, BANKER,. PROFESSIONAL MAN, AND THE FIRESIDE. PROSPECTUS FOR 1874. Tho coming year promises to bo the most eventful in apolitical sense that we have seen since the close of the war. Tho questions which have engrossed and divided tho public mind during the past twenty years are rapidly passing away, and wo And growing up in different parts of the country a party called by vari ous names—in California the Inde pendent party, in lowa the Anti monopoly party, in Wisconsin the Reform party, in Illinois the Farmers’ Movement—having a com mon purpose and inspiration, and exhibiting a strength which proves that it answers one of the chief de mands of the hour. Tho CHICAGO TRIBUNE will give a large share of its attention to this NEW MAN IFESTATION OF FUBLIC SENTI MENT. It holds: Ist. That the old party organiza tions are essentially corrupt and fraudulent. Having no longer any principles to carry into effect, they have become mere business enter prises, making a show of opposition to each other, but really sharing in the proceeds of profligate-and dis honest legislation. To suppose that any healthful reform can flow from the pretended efforts of these worn •out and demoralized partnerships :1s altogether vain and illusory. 2d,* That tho tariff system now in vogue is a cunning device to rob tho many for the benefit of tho few, and that its effect is to cause farm pro ducts to exchange for about one-half the quantity of foreign or. “ pro tected” goods they would otherwise buy. 3d. That railroads- cannot exact more than a fair rate of interest on the capital actually invested in them, and that when, in addition to this, they claim dividends on watered stock and fraudulent bonds, the State may rightfully interfere for the protection of the people; thatunjust discriminations between diiferent localities are in violation of law and should be prohibited. 4th. That subsidies-or bounties of money, land, or public credit, to railway, steamship, or other corpo rations, are flagrant abuses of the powers of government, fraught with the gravest dangers to the people, and tending to promote corruption, extravagance, speculation, and financial disaster. The general character of THE CHICAGO TRIBUNE is too well established to need recapitulation. It is always independent and fear less in the expression of its views. In its news department it is second to no paper in the United States. The Weekly Edition contains a care fully prepared summary of tho news of the week, brought down to the hour of going to press. Literary, political, financial, so cial, and agricultural topics will constitute, as heretofore, leading features of the Weekly Edition, and no pains will bo spared to increase its attractiveness in these depart ments. Its market reports aro un surpassed, embracing all tho infor mation which farmers require for the intelligent transaction of busi ness, both as sellers and buyers. THE WEEKLY TRIBUNE is a large eight-page sheet, of tho same size as the Bally Tribune, consisting of fifty-six columns of olosoly prlnted matter, and, as a family newspaper and in its general make up, is unsurpassed by any paper in the land. THE TRIBUNE will bo furnished during the ensiling year at the al lowing rates, payable in advance: WEEKLY TRIBUNE* Finale Copy Five Copies..... Ten Copies Fifteen Copies. Twenty Copies. DAILY TRIBUNE. Dally Edition* ono year Sunday Edition* one r0ar.......... TRI-WEEKLY TRIBUNE. Single Copy* one year. Snbcrlbcrfi to the Weekly, previous to January I, 1873, will be entitled to tlie paper from date ol subscription to January 1, 1874. Postmasters and others forming Clubs may retain 10 pur cent on all subscriptions, and add single copies at club rates aftor that is formed. Remittanoofl may "bo made by draft, money order, or registered letter, at our risk. Specimen Copies Sent Free. Give Post Office address in full, in cluding State and County, and ad dress THIBXJNE COMPANY, Chicago, IU. TRIMMINGS, &o. G.MENDELSON, 34 East Washlngton-iit., near Stale, Continued Closing Out Sale, AT GREATLY REDUCED PRICES, Of an IMMENSE STOCK of tho LATEST NOVELTIES. Richest Trimmings, Ist Fringes, Loops, Orna ments, Fonragiers and Bntlons to Match. SASH, BONNET, AND NECK RIBBONS, Choicest Evening Shades. Steel, GUI, Silver, Oiyflizetl, ai Jet O"R3Sr-A.avrEKTTS. WORSTED, EMBROIDERIES Zn Groat Variety, &0., &o.,&o. All these Rich and Elegant Goods ABE OFFEREE AT FAR BELOW THE REGULAR MARKET PRICES. P. S.--Speoial Bargains in Lao os, Point Lace Collars, and Handker chiefs. DRESS GOODS. CARSON, PIRIE & CO., MADISON AND PEORIA-STS., Are Offering a very Large and Desirable Stock of Dress Goods, unsurpassed in Varie ty and Style, embracing all the Latest and Choicest Shades, at INTERESTING PRICES to those who core to Economise in their purchases of First-Class Dry Goods. Good Colored Alpacas, Newest Shades, 25 cents per yard, worth 38. A Groat Bargain in Colored Empress Cloths, all wool, new shades, 371-2 ots. per yard. Camel’s Hair Cloths, Vigognes, and other new Suitings, reduced 26 per cent. Fine all wool Colored Cashmeres, 60 cents, worth'B6 cents. Colored Poplin Alpacas, 40 ots., worth 60. All wool Serges and Diagonals, latest shades, at so per cent below market prices. . Line of Serges at 37 1-2, 40, and 60 cents, t Genuine Lyons Roll Poplins, 76 cents per •yard, regular $1.25 quality. Great Bargains in French Merinos. Bargains in Black Alpacas, the firmest make and best shades imported. Black Cashmeres, Braps d’Btos, and all the most desirable Mourning Fabrics. A Good Blaok Alpaca at 26 cents. PRINTERS, STATIONERS, &o. ffatrigi, MtM, ail Holt’s STEEL PENS, AT WHOLESALE AND RETAIL BY CULM, Ml HOYM & CO., BM Bools, Stationery, & Printing, Furnished promptly and at fair prices, by a - . nvr. "W. JONES, 104 AND 100 MADIMON-ST. WANTED. WANTED— AGENTS—ritO.ll 876 to $260 per month, everywhere, to soil one of the most useful articles ever invented needed In ovary family. Send for Circa* Ist. Address, SECOMB A 00., FINANCIAL. EOBEET WINTHEOP & CO., * BANKERS AND BROKERS, Now York, execute orders for STOCKS, allow 4 per cent Interest on DIC- Bustnoss transact a general Banking and Brokerage PHANTOM POWDER, “PHANTOM.” «ill?. ,g,n , , ?. Ph . anto .P? owder ‘.” .Ladles will find this tho nicest, whitest, softest, prettiest of face powders. None should fall to try It. You aro sure to bo delighted with tho BURrABBINQ beauty it gives to tho complexion. Sold by druggists at 26 and 60 cents nor box. The trade I^fl! o Chfc«go"”. VAN STEVENSON <fc HOLIDAY GOODS. LOUIS REINACH, 146 South Olark-st. (up stairs), 'WHOLESALE DEALER IN Holiday & Fancy Goods, 070-S-S, ITOTIONS, Picture Frames* and Looking Glasses. The greatest variety and the lowest prices in the West. .8 2.00 . 7.00 . 13.00 . 18.70 . 20.00 .812.00 2.00 GENERAL NOTICES. 80.00 NOTICE. All persons having claims against- the LAMAR, INSURANCE COMPANY (not heretofore proven) are required* by a decree of the Superior Court of Cook County, topro sent and prove the same before IP. O. Halo, Esq.* Special Master* at his olflee, 132 Dear born-sty Chicago, within 00 days from tho 31st of October* 1873, or be barred from par ticipating in tho assets of said Company. GEORGE CHANDLER, Receiver. Ohioago, Nov. 1,1873. UNION PACIFIC RAILROAD. Application* for sleeping-car accommodation* over the Union Pacific Railroad m»y bo made to (ho undersigned at hli office, No. 67 South Clark *(ro*t, Chicago. 0. H. IIALLOOK. Agent U. P. and U. P. Railroad*. NOTXOB. Opening of Dig Joe’s House and Groat Lunch, Mon* day, Not. 10,1678, 10 o’clock a. m. Northwest corner of Thlrty.nlnth and Burnside ■troets. EXPOSITION. GRAD MALE OF THE The Pinal and Closing Day is absolutely determined for WEDNESDAY, Ml 2, DAT AND EVENING. A GALAWASION! Wieniawski, The Greatest Living Violin Vir tuoso, will appear AFTER NOON AND EVENING. THE KUNKEL BROS., The Greatest Living Duet Pi anists, on two Pianos, will ap pear AFTERNOON AND EVE NING. HANS BALATKA’S ENTIRE GRAND ORCHESTRA, 42 Instruments, AFTERNOON AND EVENING-. VAAS & HOFFMANN’S Great Exposition Band Augmented, Afternoon and Evening. The Great Western LiiM Gnarfl Banff, Forty members, Afternoon and Evening, with eminent VOCAL STARS, constituting the largest PROMENADE CONCERTS ever presented in America. An ensemble of SOO Artists, While the Exposition will remain in its En tire and Complete PERFECTION. No increase in the Prices, which remain at 60 CENTS. IRON PIPE, WALWORTH, BROOKS & CO., 243 & 245 Lake-st., CHICAGO. Iron Pipe, FITTINGS, VALVES, &c., FOR STEAM, OAS, AND WATER. STEAM Trumps, Engines, Boilers. Bolting, Hobo, do. Steam Hoatlngand ventilating, OUsßros. A Co.'s Steam Safety Elevators. Iron Pipe In any quantity, at very low prices for cash. PAPER HANGINGS, &o, HUBER, JENKINS & FAXON, 107 STATE-ST. PAPER HANGINGS, BEDDING, AND WINDOW SHADES. SALT. SALT. SALT. SALT. 50.000 brls. New Tort Salt of all grades. 10.000 brls. Michigan Salt. 1,600 tons IT. T. Fine Salt, in bulk, 500 tons [P.] Solar Salt, in bulk. FOR SALB AT REDUCED PRICES. PT*Soe commercial price list in this paper. SALT CO. OF ONONDAGA, A. J. LATHAM, Agent. LOTTERY. $300,000. Capital Prize. SOO,OOO. Missouri State Lottery. Grand Single Number Scheme. Draws thelaatdayof every month. 6,880 Prize*, amount* tag to 980U.U00. Whole tickets, «1U; Halves, «6. Send for circular to MURRAY, MILLER i 00., Boa SMltf, St. Louis, Mo _ ROYAL HAVANA LOTTERY. Drawing* tnrlou story mouth. Ulruulani, giving full In formation, sent free on application. Prizes oa*hud and orders filled. Extraordinary drawing 18th Docomber. AdiiriM A. MARIO Jt CU., Agents, 63 Uroadway, Now York. Hoorn 66. or P. Q. Ho» afta. MEETINGS. Masonic Notice. Tho member* of Oriental Hnvorolgn Comlitory, end tho 00-ordlnaiobodiei, are hereby untitled to appear fully armed and equipped at their rundosvou*, (ournuruf Hal. ■tod and Randolph**!*.), on Tuesday morning, the 11th lint., at 0 o'clock, sharp, to act a* escort to tho Supreme Council. Member* not equipped ore cordially invited to Join tho procession, and aro requested to appear lu dark clothing, by order of the Cummsndor-in-Ohlef. JAMES U. MILES, Grand Socroiarr. CHICAGO, MONDAY, NOVEMBER 10, 1873. THE CUBAN QUESTION. The United States Government , Inquiring About the Capture of the Virginius. Minister Sickles Instructed to Ascer tain How and When She Was Taken. Rear Admiral Scott Ordered to Cruise in Cuban Waters. Intense Indignation of the Cu bans and Cuban Sym pathizers. .Armed Expeditions Enrolling in New York to Avenge tlic Death of the Patriots. Five Thousand Men Said to Be En listed—sl3,ooo Subscribed for the War. The Feeling in Washington—The Treaty !.' Obligations Between Spain and This Country. Special Ditvalch to The Chicago Tribune, THE PEELING IN WASHINGTON.' Washington, D. 0., Nov. 9.— Tho fate of tbo Cuban sympathizers on tbo Virglnius has been tbo topio of universal and angry discus sion for tho past two days; and Boo rotary Fish, according ' to tho reports of persons who have talked with him, says Spain has • misbehaved and done injustice to the liberality with which tho United States has treat ed her during her present misfortune. All call ers tho Secretary referred to tho exhaustive compilation of our foreign treaties just received from tho press, prepared, it is understood, by Mr. Bancroft Davis, Tho treaty of 1795 with Spain provides for tho restoration of property taken from pirates, and for tho exhibition of passports and certificates by suspected vessels, and for tho protection of both Spain and the United States against priva teers. By tho eighteenth article of this treaty, tho vessels of either powormust exhibit passports to ships of war. Tho principle is laid down for lib erty of trade in tbo enemy's ports, and that froo ships make froo goods, excepting goods contra band . The treaty specifics what shall bo con traband goods, andisminuto in regulations re specting passports and sea letters. By tho treaty of 1819, some modifications aro made in tho formor treaty. Bailors who desert from the Hoots of tho two nations aro to be de livered upon proof, and tho neutral flag covers the enemy's property beyond certain maritime limits. . Tho foregoing treaties are regarded as rather favorable to the Spanish side in the present dilemma. Government officials, however, are generally out against Spain for tho precipitate haste with which the privateers were executed, and tho tone of fooling is more pronounced in favor of tho Cubans than it has over been. There is a manifest disposition to hedge on this subject, and Hr. Fish is on tho defensive. [To the Associated T'rtss.] CORRESPONDENCE WITH TUB SPANISH GOVERNMENT. SVashington, Nov. 9.—No now facts in rela tion to the Virginius have transpired to-day. The Department of State and Minister Sickles are in telegraphic communication on tho sub iect. Tho Spanish Government claims that it as acted in good faith by asking a de lay of punishment on tho passengers and cipw of- that vessel, and regrets that it.v telegram was not received in Cuba before the execution took place. Tho difficulty seems to be tho inefficiency of that Government to control affairs in Cuba, in this as well as other matters. Our Government is engaged in efforts to stay proceedings as to tho remainder of those on board tho Virginius until all the facts can be fully ascertained. THE STATE DEPARTMENT SEEKING INFORMATION. The State Department has sent instructions to both Minister Sickles, at Madrid, and Consul- General Hall, at Havana, to telegraph as soon as possible all facts in regard to the capture of tho Virginius, and the execution of parties on board that vessel. Hall replies there is some interrup tion of tho telegraphic lino between Havana and Santiago do Cuba, and as yet ho has bee unable to learn any particulars. A dispatch from Minister Sickles states that tho Madrid Govern ment had no information of the execution until after it had occurred. The only information tho Government now has is tho fact that tho Vir ginus was captured and several persons on or executed, but as to in what waters, or under what circumstances, the vessel was captured, no information nas boon re ceived. Until those facts aro known officially, tho Government will toko no action in the mat ter. THE GOVERNMENT PROCEEDING WITH CAUTION. Tho question being a very delicate one, it is not tho intention of our authorities to take any stop which cannot bo maintained under the law of nations. Our Government is not satis fied that tho Virginius is entitled to tho protection of tho United States. It is true that sho sailed from New York under American register, but it has been charged that she was sold to Quesada some fifteen or eighteen months ago at Curacoa, and since that time has boon sailing both Cuban and Venezue lan flags. If that charge should turn out to bo true, she cannot receive tho protection of our Government. SPAIN WANTS TO HE HONEST. The Indications are that the Caatolar Govern ment is disposed to act perfectly honest with tho United States, but the Internal dissensions now in existence in Spain do much towards em barrassing it. On tho Island of Cuba the influ ence of the Caaina Espagnol, a club of wealthy slave-holders, has boon very disastrous to tho homo Government, to say nothing of tho insur rection there. THE FEELING IN OFFICIAL CIRCLES here is anything but unfriendly to Spain 5 and it is the impression that only a fow days will elapse before it will bo soon that Castelar’s GoTommont Is anxious to have the friendship and encouragement of tho United States. OUUAN BYJIPATUIZEUB IN NEW VOIIK. New Yobk, Nov. 0.-Tho Cuban Junta of this oity announces that all means possible will bo used to form an expedition to sot out at ouoe to Cuba, to take revenge for the execution of the patriots seized on the Yirgluius. A corps Is be ing formed of Americans alone to proceed to Cuba. Already 2,000 names have boon put on the roll, many of the recruits being old, well tried soldiers, A mass-meeting of Cubans will be hold to-morrow evening, to express the in dignation felt in vjflw of the acts of the Spanish authorities. Con. •■Quosada is forming another expedition, and it is said 8,000 names are en rolled, the majority of them those of Cubans and exiles. The Cuban Bureau is thronged the greater part of the time. °* Cubans was hold to-day, William Oesernots, Presidoutof the Society Aml- Jos do Cuba, in the chair. Patriotic addresses wore made and resolutions adopted, calling for moons to furnish out a new expedition to the Isl and, and a committee of three was appointed to solicit subscriptions throughout the city. Thir teen thousand dollars have already beousub- TREAT? STIPULATIONS. sorlbod. Tbo oioltomont Among tbo Cubans boro is intense. ordeus moat the navy department. A Washington special says : Tbo Boo'rhtsryof tbo Navy this ‘afternoon telegraphed to Hear* Admiral Scott, commanding tno North Atlantic Station, to proceed in person or send a vessel to Santiago do Cuba, without delay, to co-operate with ■Vice-Consul Schmitt at that place inprotcct- Ing the interests of tbo United States In tbo affair of tbo Virginias. VESSELS Fen QURAN WATERS. The State Department is not awaro that any United States yobbo! has boon sent to Santiago do Cuba, but it is probabablo that orders have boon Issued by tbo Hoar; Admiral dommauding tbo Atlantic squadron for'ono of tbo vessels on that station to proceed thither. - advices from the stats department. The following tolograra was received by a prominent Cuban in this city from a gentleman of high standing In Washington: Washington, Nov. O.— A telegram has Just arrived, at the State Department from Consul-General Hall, giving a full account of tbo execution of tbo American citizens, lie Intends to protest for bib Government against the outrages committed bytboHpanlnhantborl tloa In violation of International law, and of our trea ties with Spain, and to demand uti auotpmto reparation. Tbo Slate Department is reticent, but determined to obtain redress. There is a very unfavorable feeling against Spain In olllclol circles. NEW YORK. Accumulative Rvidonco of Gross Frauds In tlio JLato Elections—The Foilcc Commissioners Implicated— Their Previous Reputation Not Above Reproach—A Chapter on tho Trial of tho Rank of England Forg ers- Special Dispatch to The Chicago Tribune* FRAUDS IN TUB LATE ELECTIONS. New Youk, Nov. 9.—Evidence of grosa frauds perpetrated at the late election, with the cogul zanco of the Polloo Commissioners, accumulates hourly, and the vigorous investigation going on will probably result in tho indictment of Oliver Charlick, Democrat ; Henry Smith, King Kopub-' lican; and Gardner, Republican, as also, of John I. Davenport, United States Com* mlssloncr. Tho removal of aotho of thouo is probable. The hot fight which led to tho commission'of frauds was over tho Sonatorship. For some reason yot unknown tho Republicans wore dolortuluod to secure three State Senators from this city; they got only one, hut certainly cheated largely to secure tho others. They had canvassers arrested; the Police Commissioners removed Tammany inspectors without notice at critical moments, and put in Republicans, and Davenport sent his Marshals out in force, and subsequently committed men'guilty of no of*, fonso. James O'Brien, last year Democratic candidate for Mayor, a convict many years ago, and always, ruffian, personally fed the as saults upon the Democratic canvassers, and drove many persons from tho polls. With all those frauds the Police - Commissioners appear singularly mixed up, and a suspicion dawns on tho metropolitan mind that tho Reform Board is about as bad as tbo old Ring gang. BUSriOIODS NEGLECT OP TUB COMMISSIONERS. Another illustration of thoir unfitness for office Is found in tho conduct of tho trial of two detectives charged with 'aiding and abetting Mac Donald, the Bank of England forger. Those men,—lrving, who Is Chief of tho detective force, and Farley, his principal man, —had long known, once lived with, and, it is charged, actu ally corresponded with Mac Donald whflo ho was arranging tho English forgeries. When ho was coming to this country with his booty, bo tele graphed to those detectives to moot lilm on tho steamer. Tho forger’s letter-book was offered in evidence containing tho copies of tho letters and telegrams, but tho Commissioners would not admit it. The Poat-Oflico rogiatry-olork and telegraph-operators boro were ready to prove tho delivery of tho letters and telegrams, but tho sagacious -Commissioners said “ No." It was proved, however, that tho two detectives met Mac Donald, and by sharp practice got tho Depu ty Sheriff engaged by tho Bank of England to ar rest and attach Mac Donald on his arrival delayed in boarding the ship, and so they were for half an hour in a state-room with Mac Donald, Dur ing this lime it is now cbarcod that tho thief turned over to tho detectives over $20,000 in bonds, otc., to recover which tho Bank of En gland lias begun a suit. Tho whole triad is a farce which only Dogborrys or worse, characters could possibly perpetrate. Tho detectives will Erobnulybo indicted, and tho evidence ruled out y tho Commissioners bo submitted in a crim inal suit. [To the Associated Press.] 1 New York, Nov. 9.—T_io schoouorr-yacht En chantress started this morning on bor trans-At lantic voyage. OBITUARY. Col. Iff. I>. Cook, President of tl&o lIIU noi*» llailrorui and. Warehouse Com* xuissioners* Sjtccial Dievateh (o The Chicago Tribune. Bloomington, 111., Nov. 9.- i Cbl. H. D. Cook, President of tho Board of Railroad and Ware house Commissioners, died: at 5 o’clock this morning at his homo in Normal. His death was most sudden and unexpected. For some years ho has suffered from calculi. On Friday ho was taken sick at Carliuvillo, whore tho Board hold a mooting, and came to Springfield, whore ho suffered much during tho night. On. Saturday afternoon ho arrived at bis homo. During tho night ho suffered mnch, though ho was not considered dangerously *" Ho died in the arms of his son. Prof. J( . . Cook, of tho Normal School, and in tho presence of his wife at tho hour already stated. Death came peace fully, and was nob realized for some time. Col. Cook was 5G years old. .Ho was born in Now York, came to McLean County in 1851 P and has lived in this and Woodford Counties since. In 1860, ho was •olootod to tho Legis lature to represent Woodford, Putnam, and. Marshall Counties, defeating Judge Samuel Richmond, of Lacon. In 1801 bo entered tho army, serving over throe years. On his return, ho was again elected to tho Legislature. Ho» moved to Normal in 1868, and since that time, until his appointment to the Baiiroad Commission, has been at- Washington as State Claim Agent. In March, ho was appointed on tho Board. Col. Cook loaves q wife, two daughters, and two sous. Ouo.of the latter has already boon mentioned. The other. F. L. Cook, is prominent lawyer in Paxton, Ford County. Our community is filled with gloom at> tho loss of so good a citizen, and so generous a friend. His deatu is supposed to havo noon hast ened or produced by his unceasing labor on tho Commission. His funoral will take place at 1 o’clock Tuesday. JT. It* IKoylo of Louisville, Ky. Louisville, Ky., Nov. O.—J. B. Boyle, for many years manager of tho Western Union Tel egraph office in this city, died after a protracted illness last evening at 7 o’clock. A Turkish Statesman JDoad* Paris, Nov. 9.—Dooud Pasha, an eminent Turkishs talesman, died at Biarritz yesterday. INDIANAPOLIS. Alleged Corruption of Certain Mem bers of tlio City Council* Special Dispatch to The Chicago Triburu, ■ Indianapolis, Nov. o—Midnight.—The Daily Sentinel to-morrow morning will contain an ox nose of a diminutive Credit Moblllor, organ ized for tbo purpose of influencing the Indianapolis City Council in the passage of an ordinance granting coveted privi leges to the Indianapolis, Cincinnati «fc Lafayette Railroad Company. Evidence is at hand to prove that one of the most prominent citizens of this oity telegraphed to Receiver In falls, in Cincinnati, that the moasurb could o carried on an expenditure of SSOO judiciously invested. It is not known yet .whether the money was paid, but the ordinance passed, though not .in exactly the desired form. The exposure may make it rather hot for certain Ouuucilmou and others interested in the ring. RAILROAD NEWS. Loose of the ITltlwaulceo A Northern Itailroml. Milwaukee, Wla., Nov. o.—Tbo Wisconsin Conti al Railroad have leased the Milwaukee & Northern Railway fur ninety-nine years, and the two roads will hereafter ho run by a common management. FINANCIAL. The Proposed Eeduotion of Wages by ' Eailroad Companies in the South. letter from flic Hon. W. B. Ogdon in Re gard to the Affairs of the Cairo & St. Louis Railroad. Tho Now York Cliflililicr of Commerce Con sidering the Question Of Specie ■. Resumption. THE RAILROADS* REDUCTION OP WAGES ON SOUTHERN ROADS^ Louisville, Ky., Nov. 9.—Tbo Louisville & Nashville Ballroad Company has issued a clr 1 - oular announcing a reduction of 10 per cent on officers’, agents', and employes' salaries, after thb IGtb inat. Other Southern roads Trill take tho flauio, action. From the Jonesboro (III,) Gazette, CAIRO k fit. LOUIS RAILROAD —LETTER FROM WILL* IAH 1). OODEN TO AMSTERDAM CAPITALISTS. Mr. 'William D. Ogdon, lato President of tho Chicago A NonUwosloiii IltUrcnd, lately visited tho entire route of tho Cairo A at. Lotila Bail road, and has written tho following letter to tho Amsterdam capitalists, through their banking agent, Ur. Meyers, of Now York: ; - ■ • . Chicago, Oct. 17. 1873. L, 11, Meyers, Eoq,, 31 Rattan street, Seio York; Dead Sin : Boon after I reached Chicago from Now York, Messrs. H. It. Paysou & Co. called upon mo for : counsel and advice in regard to tuoir condition in oonnoation with tho Cairo & Bt. Louis Railroad as contractors for its con struction. Until then I had supposed their con dition prosperous and their enterprise a very promising one. As-their neighbor and friend through life, but without any personal connec tion, obligation, or interest in their business mat ters, I cheerfully consented to confer with them, look into their matters, and advise them os far as I was able in regard to their position, duties, and action. I soon discovered that they wore seriously om barrasod by the inability to got the town aud county bonds duo them and to become duo them* as the work progressed, aud which bonds had,' under special provisions of law for tholr issuo in aid or said road, beon legally voted for by tho pcoplo of tho respective counties and towns along tho lino of tho road. As these bonds. wore promised tbo contractors by tho Cairo St. Lonis Railroad Company as tbo work pro gressed, and some 400,000 of them wore already duo tho contractors, but the Company oonld not deliver them then, or until tho decision of the courts upon logal stops already iakon to compel tholr delivery, aud as Payaon «fc Co. wore not in a condition to await such logal decision, it was proposed, after an interview. with the Board .of Directors, who ' very properly and willingly consented that the Bailrood Company should authorize aud Issuo $866,000 8 per cent semi-annual interest twenty year bonds ~at once, tho samo to bo'secured by second mortgage on the railroad, and to be fur ther scoured by pledge and assignment of tho $850,000 of county and town bonds voted and promised in aid of said road, but not yet deliv ered, which town and county bonds boro a like rate of interest and were to have a similar time of payment as tho now issue of railroad bonds they wore pledged to secure; With this new issue of bonds, 1 which was promptly made, it was hoped that money could bo raised to carry tbo roaa to completion. The panic came before they wore put upon the mar ket, and prevented any disposition being made" of them for tho time being. I visited the lino of the Cairo & St. Louis llaimmu and wont over It to the Big Muddy lur— or mines, at Murphysboro, twice. Tho road is completed from St. Louis and Bast Caroudolot to Murphysboro, a distauco of niuoty-two miles (and including spur, side tracks, ninety-eight miles, of track has boon laid), aud has equipment enough for its present needs, and of excellent character. Tho coal cars weigh four tons aud carry eight tons of coal,—a largo difference iu favor of the cheap transportation on a narrow gauge railroad over a wldo one. I found six shafts and good machinery for raising coal, all ready, for operation and equal to 2,000 tons of coal per day, at Murpbys boro. There are shafts -on tho line, and many now ones being sunk. In my twenty five years' experience iu nuildiug and managing railroads, I think I never saw a now lino of road start off with an equal promise of traffic equal to its capacity as this road does. I wont to Cairo, and fiom all I saw and could loam, I think tho traffic at that end. when completed,will bo about, if not quite, equal to tho other. Tho wants of coal delivered at Cairo for tho largo and ovor- Sncroasing steamboat trade there, and to supply itho whole country from Cairo to New Orleans, . 11,000 miles, and tho admitted superiority of this .Dig Muddy coal over all others for that groat ‘supply, seems to insure a trade from tho start ifully equal to tho capacity of a single track.' ‘ I inquired of all the loading iron-ore-smelters, and of tho rolling and puddiing-ralll men ot St. Louis and Carondolot, as to the quality and merits of this coal, and tho almost or quite uni versal expression was: *•Admitted to bo the best coal for making iron in tho world.” Ex travagant, possibly, but an emphatic conviction at least. At tho meeting of tbo Board of Di rectors of tho Cairo <k St. Louis Bailroad, held at East St. Louis on tho 10th of September, it was suggested to Mr. 11. R. Payaon that perhaps they had bettor deliver that part of tho road now in operation, from St. Louis to Murphys boro, to tho Company, as it was substantially P“‘d for, . and ought not, in case of their inability to meet their obligations, to bo bold liable in any way for them. They very cheerfully aud gladly concurred, and tho road was delivered over to tho Company, and is now operated by it, aud its earnings from tho Login ning materially exceeds its ordinary expenses; and if tho panic subsides, and tbo renewal of business begins in time, it is confidently hoped and believed that its not earnings, by April next, may bo equal to tbo payment of six mouths' interest, then falling duo, on all of its outstanding firstrmortgago bonds. It does not seem to admit of a doubt that, if completed, tho road would more than provide for interest ou all of its first and second mortgage bonds. I think it important to all concerned that it bo completed without delay. The grading aud bridging of tho road from Murphysboro to Cairo is substantially completed. Tho estimated cost of completing the track and superstructure was $237,600, including 1,600 tons of roils yat needed, at SBS ($136,000), and including chairs, or fixed joints, etc., for sixty miles of track and side-track. To this will have to bo added now at least $25,000, and possibly $50,000 ; to carry to completion, say $3,000,000 iu all. A year's delay will add to tho cost large ly. Tho ties now on hand will got scattered and burned, and tho iron on hand may got seized and diverted by creditors or others. As Payaon & Co. are now so crippled by tbolr losses and the panic, that, though disposed to do all their duty and finish tho road, thov cannot roly at all upon being able to do so without co-operation and aid from some quarter, and nobody hut they are so deeply interested iu tho groat savings in tho cost of completing the road aud scouring its earnings at once as the bondholders. Prompt action is veiy important to all, it seems to mo. and I think you should confer with bondholders fully, and suggest, if you think well, that prompt action which will quickly complete tho road without waste, aud insure the important returns that await its completion. Payaon & Co. are most willing aud faithful, but evil times have overtaken them, aud they cannot raise tho small amount of money nec essary to complete tho road now, hut will readily pledge tho $450,000 of bonds Iu tho hands of tho Company to effect that object, ana will do any thing else iu tholr power that may bo required of them to complete tbo road thov so hopefully began aud faithfully conducted until now. WASHINGTON. Special Ditpateh to The Chicago Tribune . ! PRESIDENT ORANf ON A FREE BANKING LAW, Washington, X). 0„ Nov. o.—The President is maturing more exorcises in finance, and baa eaid, within twonty-four hours, that tho Nation al Banks have not responded as ho expected to tho situation, 110 intends to roatato In hla Mes sage tho propriety of a free banking law. He also makes the point that hla rocumtuondationa oh almost every sub loot havo boonplgoon-holcc! by Congress} and, during tlio ponding session, bo will take pains to insist upon more courteous treatment in the House of Boprosontotlvoß. The Senate has booh more respectful. It bas co operated with the President, ns bis friends say, in bis Santo Domingo and canal transportation suggestions. OPERATORS IN TOM SCOTT’S FANCY STOCK. A most moody sot of men are the disappointed operators in Tom Scott’s California A Texas Construction Company, several of whom are bore, wholly clonued out. The prospects are re garded as unfavorable for the opening of either Pacific Itailroad for another generation. - i RETURN TO A SPECIE BASIS. lUIBOLtmONS IN FAVOR OP Tins POLICY REFERRCC TO A SPECIAL COMMITTEE OP TUE CHAMBER 01 COMMERCE. From the Ntus York Tribune, Abo. 7. The regular meeting of the Chamber of Com* znerco was held yesterday aftornoou, Proaidoni William E. Dodge presiding. A» A. Low offered and road the following t Whereas, u ranlo*’ Is the prominent charactorislU of great financial crises, and a panic Is always fraught will! peril, whether to (Ho public nsaomblago, to the ranks of an army, or to a commercial community, bo* jug alike destructive of Hfd and' property,, and, In 111 nalilrey la antagouistlo to that faith in God ami faith li man which Is the prlnclnlo and tho prop of our rollg* lows and civil Ufo j and . , • . Whereas, As the consequence of the late flnenotsJ revulsion, a want of faith In the results of Industry ii manifest, and tho merchant a fid the manufacturer, tin capitalist and tho laborer, suspend their various cuter prints and occupations under a feeling of apprehen sion which threatens widespread poverty and distress', and* this feeling of distrust Is aggravated by cries ol alarm which nro sometimes as wicked as they are groundless. Now, lo view of all tho untoward circum stances of tho times, It becomes thin Chamber to de clare its belief In tho following propositions: Its belief that time offers the only solution of existing difficulties—time to think and to act—time tc work and to pay—time to sell and to bhy—time to.mcof obligations in a spirit o£ mutual accommodation. The law of safety demands lime to clear tho doors of ogreef —to chock tho spirit of Impatience and disorder-that would'deslroy the accumulations of years of prosper ity, oven as the cro'wd, in wild dismay, tramples down human life} time to repress' tho selfishness that be leaguers onr banks, and hurries the faithless servant td the burial of “ his talent in tho earth.” secomMte belief in our National Bunking system, which has Withstood so well “ one of tho greatest finan clol crises tho world has over known} ” bending, In : deed, as the firmly-rooted tree bends to the furious gale, but standing now, Ss It stood before, firm and steadfast, the bulwark 1 of our financial strength; albeit certain modifications may bo thought necessary to give it elasticity and scope. Third— lts belief that tho lesson of tho day is sug gestive of' economy In tho administration of affairs, both public and private; of diminished revenues, of lower prices lb every department of business, and, as ascertain consequence, ere tong, of an excess of unem ployed money; and that (his uud other considerations point to a plain and obvious duty on tho part of the Government and the banks, to accelerate a return to specie payments : In order that the losses resulting from a groat crisis may not havo been incurred with out some commensurate' good,—a crisis which tho op ponents of a sound currency vainly hoped tho uso or Irredeemable paper-money would indefinitely post pone, If not wholly avert, _ Fourth— lts belief that In failing to redeem United Statca legal-tender notes with gold, or-to-enact.laws looking to this end, tho Congress of 1 the United States has set ah example before the people; which has been pernicious (u its influence, promotlvo of a general in flation, oriel fruitful of widespread demoralization. , And, believing thoso things, - the "Chamber would i respectfully" Invoke Congress, when it again assem bles, to cause, if need .bo, tho purchase of' Unite d bonds to bo discontinued, and the application ol the National gold reserve to (ho redemption of Treas ury soics,'according to'tho letter and-spirit thereof— reserving, nevertheless, tho power of reissue, with tho fulfillment of what thus oppears to this Chamber as tho paramount duty of our Uovcrumcnt. tho bank ing system of the country—resting as It does on the public credit—would acquire and possess an clement of strength In the hundred millions of gold tbntwould bo added to Its redemptive power, and there would be sot at liberty, to.a larger extent than now, legal-tender notes, to. assist tho National Bank - circulation in its monetary woik. Therefore, • , , Uteoh'td, That In futhcranco of their prayer, and animated by a reasonable hope, the Chamber of Com morco of the Slate of New York will memorialize Congress to early action, at its approaching session, in accordance with tho views herein set forth. At tho conclusion of tho reading Mr. Low remarked that tho present state of affairs was «»uuod «imply by ft 10SS Ut faith. Wo muoi acknowledge that wo are still la a state of panic, and havo boon for six weeks past. We should holiovo in our banking institutions, that the general confidence of tho community might restrain people from hoarding their mono; and • burying it in the ground. Ho relied im plicitly in the banks, because they were built upon tho credit of tho Government: but how much bettor would it bo should they resume specie payments. . This wae tho spirit of tho resolution offered. There war uo reason why wo should not return t( specie payments, certainly not because of am scarcity of that medium, and if it continued to fab in rates oa it had tho past two days, it would boou ba on a par with tuo legal-tender. People aro beginning to realize that. tho premium on gold was sustained aa with other commodities bought and sold. Tho Government should sol this high example of honor, and redeem ite promises. It paid $5 now, but in reality paid nothing. He believed we should soon see gold at par with greenbacks, and. so long as it con tinued there merchants would bo free from tho fluctuations in trade, which now so embarrassed their business. 8. B. Buggies remarked that a country with the vast resources of the United States never need fear that its credit may bo impugned. George Opdyko considered it rather early ta attempt such a step, but favored tho reference of tho subject to a special committee. Ho quoted tho suspension of specie payments in England in 1707, and remarked that it was not until thirty years afterward that any attempt was made to resume. Three attempts to this end wore made then, and throe failures ensued, and widespread attended each. If at tempted in tho United States, ho believed it would still further depress the state of allalrs. It might do for a day, or oven a week, but when foreign trade revived, with tho attending ship ments of coin, it would come to an cud, leaving greater depression in every quarter. Ho be lieved ho know a far bettor way to establish gen eral confidence, but would reserve his plans for another mooting. Tho resolutions wore Anally referred to a special committee, consisting of A. A. Low, uoorgo Opdyko, and Samuel Babcock, with in structions to report at a special meeting to be held in two weeks. THE TRADES. PRINTERS* strike in sprinofield, ill. Springfield, 111., Nov. o.—Yesterday evening the printers in tho Journal and Register offices wore notified that after that day the orico of composition would bo reduced on all work from 40 cents to 35. Tho printers have struck. The Journal and Register will bo issued as usual, ns a sufficient number of printers and apprentices have boon obtained for that purpose. MEN DISCHARGED FROM THE BROOKLYN NAVY YARD, New York, Not. 0. —Six hundred men were dis charged yesterday from the Brooklyn Navv Yard It ts reported that another discharge will take place on tho 15th inst. LABORERB IN KENTUCKY DISCHARGED. Louisville, Ky„ Nov. o.—The closing of large iron works and various faotoiioa around the Falla has thrown about 4,000 operatives out .of employment. Tho plug-tobacco factories hero, fourteen in number, aro generally cutting down their force and reducing woges. Some of tho largest dealers say they will close up in a few daya until January or February. Tho an imal product of those factories is ordinarily $5,000,000. THE YELLOW FEVER. 'Jlio Epidemic In Memphis man Em I —Circular Letter from Xho Chief of X*»licu—'A'hrou .Deaths from tho Fovor Yesterday. Nov. o.—Tho following from Chief Athy, of tho Memphis Police Department, Trill appear In the Appeal to-morrow niornimj j Iho opidomio is at an end, and tho sick of my command uro convalescing. Tho appoala mad by mo have been ao gonorously responded tt that, with tho fund now on hand, I feel confident of having aufildoni to give necessary relief to tho sick, as well ns to provide for tho widows and family of de ceased ofilcora. With feelings of tho deepest gratitude to tho officials of sister cities, and tho friends near to ua, who bo munificently oontrib cd to our relief, wo roturn sincere thanks. Oui debt of gratitude can never bo paid. P. 11. Atuy, Chief of Police. W. B. Ogden. THE MORTUARY REPORT, closing with 0 p. m., gives throo yellow fever deaths etui throo from ottior causes—anincroai’j of ono yellow fovor death over yesterday w> the day previous. There was oue now c.tso >i fAv.ir t.w(ijiy. NUMBER 81.