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Tit* CnrrAfio Trim's* has eauhllahedbranch office* for the receipt of aubacrlptlons and advertlaementa aa follow*: N F.W YORK—Hoorn 20 Tribunt Bnlldlng. f.T. Mo* Manager. Pallls. Franco—No. 16 Roe delaQrange'Hateilere. 11. Maiilkb. Agent. LONDON, Eng.—American Exchange, 449 Sitaad. JItNBT F. OiLLto, Agent. SAN FRANCISCO. Cal.-Palace Hotel. AMUSEMENTS. McYlckrr'a Theatre. Mad Iron atreet, between Dearborn and Stale. Kn* gagementof Joacph Jcffcraon. “Kip Van Winkle." IlnTerlyh* Theatre. Dearborn itrccu corner of Monroe. * 1 Uncle Tora'a Cabin.". Ilooley’* Theatre. Randolph meet. I*t«een Clark and LaSalle. Ka* gagement of John McCullough. “ The Gladiator." Ilamltn'* Theatre. Clark ilrcet, oppooltn the CuurWfooie. “The Naiad queen." , New Chlciurn Tlientrr* Clark direct, upooaUe Bhermto Heat*. “Howto Kiuto tho Dark.” Expoaltloa. Lakeahore, foot of Adam* atreet. TVhltn Stocking Park. Lake shore, foot of Waihlnvton atreet. Game be< tween (ho Chicago and Itoaton Clubt at 3;30 p. m. MONDAY. SEPTEMBER 10, 1878, In New York on Saturday greenbacks ruled steady at U'Jj in gold and silver coin. A nitro-glycorine and dynamite magazine, near Bradford. Pa., belonging to N. 13. Pul vr.n, snddonly pulverized yesterday, dissi pating nil material evidences of tho existence of its owner and throe other persons. It is very remarkable that Goudt, who claims to bo a sharp, critical lawyer, failed to point out the act, or clause, or provision of law whereby tho Government reserved the right to manufacture greenbacks to pay off tho bonds. 'Will bo be kind enough to hunt up that provision and notify ns where it can bo found? Wo ore anxious to see and pub lish it. * “Tho Moral World," Hs formation and growth, is tho subject of Prof. Swing's ser mon, printed in Another column,—a world, iio argues, yet in its infancy as to develop ment and progress, and destined to undergo great changes as tho plan of the Creator is unfolded. The llov. Dr. Tromas, of Cen tenary M. E. Church,preached about “Tho Better Country,” and tho Rev. L. P. Men em, of tho Union Bwcdcnborglau Church, on “ Tho Skeptical Era in a Man's Life." Somebody in the Cabinet at Washington, or what there is left of it at present on duty, seems to have been getting excited on the currency question, nujJ to have sent a tele gram to tbo President urging bis immediate return for tho purpose of discussing the financial situation. Tho President is re ported to decline taking any shore in the alarm, and, not being aware of any now phase that requires attention, replied that ho neither alter his views regarding specie resumption nor his plans of travel. Another fine addition to Chlfigo'e part in tho great fund for tho relief of tho sufferers m the South was realized last evening as the result of tho sacred concert given at Mc- Cormick’s Hall under tho auspices of tho Owl Club. As a charitable enterprise it do* servos success; as a sacred concert—sacred in its music and in ita object, as Prof. Hwino happily expressed It—lt was mode a success by the hard work of tho gentlemen who devised and carried out tbo plan, and by the generous contributions of tho musical artists who rendered their services gratu itously. Tito not proceeds will bo something over §2,000. In what other way can the Government legally pay off the bonds except from the proceeds of taxation? Godot talks of the Government having lost $200,000,000 by not paying off the bonds in greenbacks instead of in coin. Suppose that it bad reserved the right to pay the bonds in greenbacks, how is it to gut them? Is there any other way than by taxation? Did Congress, when it was of luring the bonds for sale, reserve the right to manufacluro greenbacks and tender them to the bondholders? If so, in what act can it bo found? Will Goddt, lirick I’ointaor, Den Bdtleb, Dennis Keaonzt, Sam Oxar, or any fiat advocate, name the law in which this right was reserved ? There Ih qu excellent prospect of warm ■work in the Massachusetts Democratic Btate Convention which moots at Worcester to morrow, and a serious rupture seems inevita ble. Dun.tn, of course, Uat tho bottom of it. He is oat in a letter taking Issue with tho declaration of tho Democratic State Ex ecutive Committee, to the effect that no per son ahull Le entitled to a seat or a vote in to. morrow’s Convention who is known to favor tho nomination of any person not rec ognized as a member of the Demo cratic party. lie disputes tho aathori ty of the Committee to make or its power to enforce any such rule in the Con vention, and will lead his hosts in a deter mined battlo against it. Among the dele gates thus far chosen Butlxb has a majority sufficient to capture and bold the Convention if they stand fast to his support. In such a case the Convention would divide into two ports, each nominating a distinct ticket, which would be as effective a plan for in uring Bdtlxb’s defeat ea the straight-out Democrats could possibly adopt. lu another part of this morning’s Issue will bo found a presentment of views on the relations of labor and capital submitted to tho Congressional Labor Committep st New kurk Ly the Hon. J. H. Wiixss, President of the Worcester, Mass., Board of Trade, a loading manufacturer of boots arvl shoes lit that city, and the senior member of the leather manufacturing firm of Walx**, Oax* x.et A Co., of Chicago. Pew men were in vited to give their views before the Com mitUo who very better qualified to deal intelligently and practically with these im portant questions than Mr. Wax, ran, n man who has come np from the ranks of the jour neymen workers at the l>cncl», and whoso knowledge of tbs relations of employer and employed has been gained in the workshop as well as in the eoanting-house. The state ments of such a witness, whether of fact or opinion, are entitled to moro than ordinary consideration, and will not fail to receive it from all who read the comprehensive and in foresting replies of Sir. Walker to the interi rogations of the Committee. The speculators found an occasion for temporarily rtmojog up the price of gold about } or 1 per ceut in the order of tbo Sec retary of tho Treasury rescinding the silver circular. It turns out, however, that the original circular was withdrawn because of a technical objection as to tbo right of the Secretary to exchange silver dollars for greenbacks prior to the date of the Resump tion act of Jan. 1 next. But tho now ar rangements for tho distribution of the stand* anl dollars through 120 National Banks, and by payment in salaries to a considerable ex tent, will result in getting onk the silver os rapidly and distributing It as generally as under tho system first proposed. It is not unlikely that the now method adopted will operate to keep the silver out of the hands of tho brokers quite as of* festively as tbo original plan, and it is scarcely to bo doubted that the stand ard dollars will be in very general circula tion, in spite of their superior value to tho greenbacks, on account of their legal func tion of paying duties. Perhaps it is because tho brokers think it will be harder under the new arrangements to grab tbo silver dollars for paying duties that they have succeeded in increasing, for the time being, tho fractional premium on gold. This, of course, is just the effect the anti-resump- Uouidts hoped to bring nlxmt when, they protested against tho right of the Secretary to exchange them for greenbacks. “ SENATOR ” OOUDY'S SPEECH. Mr. William 0. Godot, of this city, Dem ocratic candidate for Senator, adlreasod a small collection of personal followers at Far well Hail on Saturday evening, in what his friends will stylo the “ greatest effort of his life,” and presented himself as a candidate for the United States Senate. As tbe speech was Intended for circulation through tho State, the want of an audience was of oourso no embarrassment to Mr. Opror, who could have read his little piece to half a dozon per sons as well as to the 800 who were scattered In the largo hall. The speech itself was somewhat peculiar as well as tedious. Mr. Goudt had to bid higher on many points than his rival dema gogues for votes for the Senate. He had to utter more nonsense, assert more bad law, and utter worse logic, and generally betray a looser condition of morals than Josh Allen, Bill Springes, Kowanoe Surra, or Doctor Hooten, and in this way frequently found himself answering and refuting his own arguments. Like a snake with his tail in his mouth, he described a great many circles, to the bewilderment of all old Demo crats and to tho consternation of the fiat currency advocates. A very largo part of tho speech was de voted to tho discussion of the right of tho General Government to issue Treasury notes. Ho cited copiously from tho writings of Jef ferson and the speeches of Calhoun, and ho might have added of nearly all the statesmen from 1812 to 16G3, to show that Congress not only hod tho power, but also bad constantly exercised the power, to issue Treasury notes, and to moke them receivable for nil debts and duos to the United States. All this was a waste of words and time. No one ever denied the power of the Government to issue Treas ury noted, and to receive them in payment of public dues. Such notes wore issued by nearly every Administration from Madison to Buchanan. When Mr. Llnooln became President, bo found that there wore Treasury notes outstanding issued by bis predecessor. So far as Sir. Goudt Intended to create the idea that Jefferson, or Calhoun, or any other statesman prior to 18G2, ever proposed the issue of Treasury notes made a legal tender for private debts, then Mr. Goudt falsified history and intended to deceive. Treasury notes, receivable at tho Treasury in payment of all public duos, and therefore re doomablo on a par with coin, are quite a dif ferent thing from Treasury notes mode a legal-tender in payment of public and private debts. A loan optional with tho public to take or not is quite different from a forced loan. The United States have military officers stationed lu all largo cities to receive as recruits for tho army all men who may volnutocr for that service; but that is something different* from the forcible seizure of men, taking them from their homos, and compelling them by force to servo os soldiers. That is the precise difference between a voluntary and a forced loan j between the offer of a public bond or Treasury note in exchange for money forthe public service, and the forci ble seizure of a mau'sproperty,kis goods and chattels, tho earnings of his labor, and tho products of his toil, and giving him in ex change a paper irredeemable at any. place or time. In 'the presence of actual war, with an armed enemy engaged in destroying the national existence, tbo forcible seizure of mea opd their compulsory service os soldiers may be justified by the overwhelming necessity; and so, when in time of war, food, clothing, and ammunition were neces sary to tbo pnblio defense, and the Govern ment could get no money from voluntary loons, the forcible seizure of money or property might be justified by the some necessity. Dut in time of peace a resort to a. forced loan—the forcible seizure of the money, property, and credit of a citizen can find no more legal justification or apol ogy than con the forcible seizure of citizens and their compulsory service in the army. Mr. Goddt sees no difference in the question of power in either cose, whether exercised in time of peace or in .time of war; and Mr. Goddt, who insists on the exercise of confiscation and conscription lu time of peace, asks the people of Illinois to elect him to the United States Senate. Will Mr. Ooudt give the country tome ex tracts from Jxnruuojt, Calhoun, Wkbstxo, Jacxson, or any other American statesman from 1812 to 1882, who ever suggested that Congress had the power to make paper money a legal-tender in payment of private debts, or who over admitted that any form of cur rency, save coin, could be made such legal tender? One word from Jacxson, or. \V*s ■ftn, or Boston, In favor of irredeemable legal-tender paper, would be worth more than whole volumes of Uoudt. There is no constitutional objection to tip issue of . any number of millions of non-UgaUender Treas ury notes, and their employment to purchase outstanding . bonds, but Treasury notes of that character are not tho ffat money dc THE CHICAGO TRIBUNE: MONDAY. SEPTEMBER 10, 1878. raanded by tbe repmlmtors whoso votes this demagogue is bidding for. In this same speech the repeal of the R*« sumption net Is demanded. It is demanded on the ground that its execution will work inevitable and wide-spread injury to the busi ness of the country by making greenbacks equal in mine to and exchangeable with gold and silver coin. Considering that green backs have already attained that vnlnc, the carrying out of the Resumption law can add no additional grievance or burden to the country. Having argued himself black in the face proving how disiwtrons and ruinous to the country It will be to make greenbacks equal in value to coin, like the snake wo have mentioned, he takes bis tail in his month and argues just as vehemently that the Resumption law cannot bo enforced, and that even if tho law is not repealed green backs wilt not bo made equal to coin, and therefore the country will not bo subjected to any ruin or disaster because of any parity of valno of coin and greenback. This glar ing contradiction of himself was unavoid able. The two opposing points are essential to the flat-money theory, so the wonld-bo Senator ovorcamo tho difficulty by chasing one with tho other in an active race swing ing round the circle. “ Senator ” Count, with equal success, annihilated tho National Rank, system. Hu held np to popular wrath the terrible specta cle of the •* atrocious monopoly " whereby men with a little money contd get possession of a few bonds, and then issue bank-notes and lend them ont to the needy laborers, mechanics, and farmers, and thus enrich themselves by lending their own promises to pay. Against this class of men, sodauger ous to tho country and to society, ho warned tbe people of tho Slate. Haring ex posed the awfnl magnitude and enormous profit of the gigantic monopoly, he further showed tho iuiqmty of tho law which, in stead of confluiag this money-mnkiug proc ess to a few privileged individuals, actually opened tho doors of tho Treasury to all per sons who wanted to engage iu tho bnsiness. Any five persons, ho said,—-farmers, mechan ics, laborers, merchants, or others,—who could raise $30,000, or borrow that sum long enough to purchase tho bonds, could organ ize a bank, issue bank-notes, aud lend them ont at the rate of 2 per cent a month “ and commissions,” and become inordinately rich, and possibly buy a seat in the Senate. Never was a monopoly which is free to everybody so thoroughly exposed; never wore the special privileges of the few, which nro equally open to tho many, so aptly described ; and never was blindness and stupidity of the vast multllndo of gala-seeking capitalists, who refuse to v start National Banks and literally double their investments every year, moro logically illustrated than they wore by tho uext Sena tor. Think of two thousand millions of dol lars which might be Invested iu National Banks, and yield a profit of 2 per cent a month, actually held idle, or invested in bonds only yielding 4 per cent a year! Can it be that those capitalists do not know ns much as tho 11 Senator ” about tho profits of banking ? And what is it that hinders him from plunging headlong into this wonder fully lucrative business ? And why have so many banks reduced their circulation and sold their bonds, if the business is so awfally profitable ? THE DIVISION OF LABOR, Two pamphlets on the Labor Question have lately been printed and circulated in this city. The writer of onp signs himself “ Thirty Years a Manufacturer," Though a novice in political economy, bo has taken firm hold of certain tenths which have per haps boon too littlo regarded in newspaper discussions of the subject. One of those is that great division of labor, while it increases the efficiency of tho workman in one direc tion, destroys it in every other direction. At tho workman .is encouraged to make only a small part of a completed product, tho inde pendence of bis labor is sacrificed. Ho learns to do his share of tho whole work better or quicker than ho would bo able to do it if ho performed all tho other processes; but, in the end, his employment depends upon the employment of a number of other workmen. He is only a part of a largo machine. It is a question whether, as the writer contends, employment under these circumstances is more difficult to obtain or keep than nuder the old system. On tho one hand, the bp portuallios for special kinds of labor are comparatively limited; on tho other, the capitalist Is compelled to deal with largo mosses of labor, and is obliged in some coses to grout more fovorablo terms tfaon ho would to single workmen. But, however this moy bo, it Is door that tho division of labor, when carried very far, impairs tho self-supporting independence of the workman. Whore less mental effort is required, loss will be dovel oped. If the workman is part of a machibe, this writer conlunds that he will act, talk, think, live, and die like a machine. From this point of view, it Is to the interest of workmen that the division of labor should not be carried too for, and that trades should be learned and followed in tho old-fashioned way. But tbero aro other points of view from which the question may be considered. Di vision of labor Is a saving of labor. Men learn to do one process more quickly than they can learn to do several processes. They train particular muscles and nerves, as of the eye, the hand, or the foot, to do particular kinds of work. This is why ten persons are required to make one pin. One person could probably not make one pin while tbo ten were making twenty, du a similar way, there ore 102 distinct branches bf watchmaking, and the finisher is the only person of the 102 who can work at any other trade than his own. Or, to take the illus tration of “ Manufacturer,'* there are a dozen to twenty kinds of bootmakiug, In few of which is any one person proficient. Thu consequence of the division of labor in each case is that more and betten work is done than if there wore no division. The advan tage of having trained workmen to do oil the parte is seen when the parte are put to gether. Moreover, there is a great saving of time in the ase of machinery and the passing from one kind of employment tq another, and this consideration alone would justify a division of labor. The purpose of a division of .labor, there fore, Is to save labor. Kow, this is precisely the purpose of labor-saving machinery. So* the arguments that can be used against tbe division of labor can bo used against labor saving machineryj and the arguments that are sound in favor of tbe Utter are valid also in favor of the former. We have .been over this whole grouud so many times and so recently that we shall not go over it again. It U sufficient to notion, os *‘ Manufacturer” does, that a saving of labor, however it may injure the individual workman, benefits the whole community. Besides, the injury is only temporary, while the benefit is per. mahout. Suppose that a community has $1,000,000 to spend for consumption in tho products of labor. If, through tho inron lion of labor-saving machinery, it is able to buy for $".->O,OOO all that it formerly paid’ $1,000,00!) for, it will have effected a Having of $2.*»0,000. With this saving it can pur* ctmso the products of other labor to tho* amount of tho <pmrter million, It is as much a law of capital as of labor that it must And employment or suffer /loss. The surplus $2.'0,000 will therefore bo devoted to the employment of moro labor. If tho now machinery has enabled 750 men to do tho work formerly done by 1,000 men, there will be 250 men seeking work. These men, roughly speaking, will be employed by tho surplus saved to tho commnuily through tho introduction of machinery. Nor is this all. By lowering tho cost of production, mu* chincry increases tho purchasing power of wages. What is true of machinery is true of the division of labor, for both seek to effect n saving of labor. Tho hardship in any coso is only while labor is adjusting itself to now terras of employment. Tho germ of truth in “ Manufacturer's ” discussion of division of labor lips* in tho fact that divided labor is loss able to adjust itself to now condition# than undivided labor is. The reason of .this is that tho division of labor prevents tho full develop* moot of tho workman, teaching him to know ono thing well and nothing clso at all. Hence, if be fails to find tho ono kind of work ho can do, he is good for nothing elso. We regard this as truly unfortunate, bub we do not sco how it can bo helped, except by the efforts of individual workmen to educate themselves. It may bo tho duty of Qov* ornment to provide fuller means of instruc tion in tho meohauical arts than U gives at present; hut, this done, tho workman must depend upon himself in tho last rosort as in the first. “ Manufacturer ” himself does not suggest a suitable remedy for the hardships produced by n division of tabor, though he seems in some vogue sort of way to believe that co operation may be such a remedy. The only kind of co-operation he seems to consider practicable is the formation of associations of consumption. It is a gmvo question whether associations of this description afford an il lustration of tmo co-operation at all. They have been regarded by many as simple in vestments of oopitnlby poor people, and tbo dividends, or reduced prices, are in terest on the investments. The only associations of the kind that have succeeded have proceeded on this basis. “Manufacturer” is wise enough to see that the other kind of co-operation— known as co-operation in production—has never succeeded in England or this country, because every association of the kind hunt have a head, “and the head finally gobbles up and controls the whole body.” The question of tho remedy for tbo evils pro duced by an excessive division oof tabor is, therefore, kept precisely whore it was. Tho remedy is in tho bands of tho workingmen. They must use it, os all men must use tho remedies provided by circumstances, to soften the hardships that surround them. And tho remedy is education. REVIVAL OF PENDLETON’S DOCTRINE. Tho Pcndlotonian idea of paying the Gov ernment debt in greenbacks has boon very generally revived nmoug the Democrats. An old Georgia politician, recently in this city, declared this to bo the sentiment of tho Southern Democrats, and that Mr. Pexdle ton is their favorite Presidential candidate. Mr, Oounr, in sounding the koy-uoto of tho Democratic campaign in Illinois, made it one of tho conspicuous points of his speech by an exaggerated statement of the amount of money which tho Government has lost by not pursuing this policy. Several of tho Demo cratic and “National” platforms, which to all intents and purposes amount to the same thing, have hinted very strongly at paying tho bonds according to the “original con tract,” by which they mean to disregard tho Public-Credit act of 1800. In point of fact, tho “Ohio idee,” as represented by Cast, Ewino, and Thuum&k, is likely to bo over shadowed before the campaign is over by tbo “Pendlbtoh idee,” which was so over wbolmingly repudiated by tho country in 1608. It is not necessary now to dwell npon tlio conuideratious of national honor in connec tion with thin proposition; that phase of the question was discussed and settled ten years ago. In reviving it at this time, tho Demo crats avow their contempt for the obligation of a national contract and for the national faith, which was distinctly pledged in 18CU to the payment of the public debt in com. It is only as a (location of policy that tho issue may now bo discussed with those peo ple. In this light, Mr. Qoudy has declared that $500,000,000 was added to tho public debt by the act of assertion is based upon the assumption that the 5-20 bonds could have been lawfully paid in greenbacks if it had not been for' tho Public- Gredit act of 18Ui). Such an assumption is not warranted by any construction of the loan octs that is cither authoritative or reasonable. Mat, if it bo admitted, then tho statement that there has been a loss of $500,000,000 by changing from a greenback to a coin basis in the payment of bonds can not bo sustained by the facts. To begin with, it must be kept in mind that tho issue of greenbacks had been limited by Congress to $100,000,000, and the Su preme Court had decided, in offoct, that tho issue cannot exceed that amonut. Whatever fi-20 bonds hud been paid off in greenbacks, then, would have boon paid out of the SIOO,- 000,000 outstanding; and the greenbacks so paid could only have been procured by the Government through the channels of taxa tion.' There is no word In any act of Con gress, no agreement with tho public creditors, reserving the right to manufacture irredeem able paper notes for the purpose of paying off interest-bearing obligations. It is scarce ly necessary to contend that the people would not have submitted to any increase in taxation; hence it follows that tho redemp tion of bonds in greenbacks would have becu limited to Ul9 revenues actually raised iu excess of the ordinary expenditures of the Government. It is oi*o clear that, if there hod been no jxtra isiuos of green backs, their purchasing value would have followed about the same course that it has actually taken. The actual soviug, then,will be represented by the premium on gold dur ing these years on the amount of bonds ac tually bought in by tho Govcrumout. The iuteriistfbearing debt of the nation bps been reduced in various ways from $3,281,- 530,301, the maximum, ’to $1,704,735,050. the latest figures, but this amount of 5-20 bonds actually paid off by surplus taxes may be stated in round figures at $300,000,000, — representing the redaction of thirteen years. During those thirteen years the greenbacks had the following average value; 18CC, 71 cents; 1807,72.1 cents; IBCS, 71. C cents; It’d’*, 75.2 187'?, 87 C-‘.Us ; 18-71,80,5 rents; 1*72, 89 cents; 187;), 87.fi cents; 1874, Bfi.fi cents; 187.-., fifi.ficenls; 1870. 89.(1 routs; 1877,95.5 cents; and )878, flfi.scents. Tims the average value of greenbacks in gold during those thirteen years was a small fraction over fit cents. If, then, tho 5-20 bonds redeemed from surplus taxes had been paid for in greenbacks instead of coin, there would have been a nominal saving of fi per cent, which on $300,000,000 would hate amounted to $27,000,000, instead of $»i00,000,000, as recklessly alleged by Mr. Oounr, But this seeming saving would have been offset by manifold losses incident to tho nuhoard-of system of discharging in torost*bearing obligations by payment In noii-intcrost-boaring obligations. Wo only mention ono such loss, because that alone would have been enough to overbalance tho supposititious saving of $27,000,000. Wo roforto tho refunding of 5-20 a into bonds bearing a lower rate of interest. Tho Inter est account has boon reduced during tho same period from about $151,000,000 to about $93,000,000, or a saving of $58,000,000. Deducting tho amount saved in interest on the $300,000,000 of bonds paid off, there has been n saving already of $89,000,000 in interest on 5-20 bonds by tho refunding process, which would never have boon pos- Bibio if tho American credit had been Im paired by (ho proposition to pay off Govern ment bunds in irredeemable notes. Citing only this ono resuit, then, there would have been a loss of $39,000,000 as against a gain of $27,000,000 by the payment of 5-20 s in or an actual loss of $12,000,000 at the beat, instead of a gain of $500,000,000, ns is claimed. Would this havo been a prof itable operation? Wo have admitted, for the purpose of showing the exaggeration of Mr. Goody's statements, that tho 5.20 s might havo boon paid in greenbacks but for the Public-Credit not of 1809. As a matter of fact, however, Mr. Good? needs only to turn to tho act of Feb. 25, 1802, aulhorlzing'tho issue of 5-20 bonds, to find, in Sec. 5. that tho duties were made payable in coin for tho express purpose of (1) paying tho interest on the bonds, and (2) for tho payment or pnrehnso of tho pnbiio debt. The 5-20 bonds were thus made expressly payable in coin by tho act which created them. There is another claim of tho ropndtation ists akin to the above misstatements, and expressed by Mr. Govdt when ho denounced tho Itofnnding act as prompted by tbo same purpose of committing the Government to a coin payment of tho national indebtedness. Ry comloyining tho not authorizing the re funding of bonds bearing 0 per cent Interest into bonds bearing annually 0,4), and 4 per cent interest, tho Democrats necessarily condemn a policy under tbo operation of which tho Government is sav ing between $10,000,000 and $11,000,000 a year in Interest, which it would hovo boon obliged to pay on tho outstanding indebted ness in excess of tho present interest ac count if it had not been for tho refunding process. Could anything bo more ridiculous ? If tho Democratic repudtationisls cannot find any more serious charge against tho Re publicans. than that of adopting a policy which will result in tho saving of hundreds of millions of dollars in tho aggregate, then wo aru confident that the people of America will know bow to discriminate, for tho ease is no clear that ho who runs may read. This same Mr. Count, who has figured out a fictitious loss of $.'00,000,000 because tbo Government has not adopted the policy of paying off bonds in greenbacks, says that tho greenbacks would have been at par with coin oil along if they bad been receivable for all dnes, including daties. It is fair to pre sume, then* that if the Democrats had been in power they would have made tbo green backs receivable for duties and payable for bonds and interest. Rut whore, then, would have beoa (bo gain in payment of which has been figured oat? Whore would have boon tho gain over tho present condition of things, if tho green backs had been at par with coin ? All this is so much of a muddle that the Democrats can only extricate themselves by avowing outright that the Peholeton doctrine, which they are seeking to revive, is nothing more nor loss thou humbug or repudiation. Among the demagogical and malicious reso lutions adopted by Uim.Kß’s Massachusetts Convention was the followlog: Knotted, Toat the liberties of this people Im peratively demand that the far-rcachlng und deadly band of capital, aa tt appears In the Infamous monopoly known as tho Associated Press, must be. tom Imm ths throat of public Intelligence, and the telegraph companies must be forced to sell the daily news u;hjii equal terms tu any paper. Old Kquliiteyca overreached himself In tins resolution, lie it known to him and all othersdo ccived by his assertion, that tho telegraph com pany does nut sell tho dally news to the Asso ciated Press at all It simply acts os a common carrier of tho news reports (liod with it by tho agents of tho Associated Press scattered all over tho country, Tho Secretary of the Western Associated Press, who is connected with tho Detroit Tribune, replying to Utm.Btt's screech, explains the matter correctly: Those who know aa>thing about tho matter, ami Uutlkii among them, know mat ••mo liberties of the people’ 1 are nut at all concerned. Too tele grapu companies do not sell me dully news to the Associated Press papers at ail. The Associated Press uotuins the news through lu own paid aecuts, mid wnen obtained the reports are as much Its own property aa (be paid correspondence uf any particular paper is the property of lout paper. Thu telegraph companies simply transmit the news atttttipuUivd price per thousand wonKJusi as they transmit private mesaauus at« stipulate.! price, or just as the express cumuanl.-s carry private properly at a Oxed rata. They will transmit any news that llurt-tn or any other Individual enuosua to send to any paper. One of 11.0 complaints made at the recent Associated Press nieiunur in this city was that the Western Union was transmitting news dis patches at a lower rato Hnr another Association than It would fur tho Western Associated Press, waich Is iu largest single rnslomcr. That Asso ciation Is so fur from enjoying u monopoly that It does not even net the rates which the magnitude of Its business would fairly entitle it tu. The people of Milwaukee have made t contri bution to the fever-stricken people of Vicki* bur# that will be as thankfully received aud ap preciated as any donation of money or goods that has jet been forwarded. Mrs. Ciuules Schlbt, a lady of arrest capacity ami lutclll peine, aud of high audal position In the City uf Bricks, passed through Chicago last evening ou ber way South, whither she tJ° c » lu aid, as best sbo can, those unfortunate victims uf pesti lence whose cry fur help has tunic pierced our uuwilliutc cars. Few, indeed, there bo wbo are willing to take such a risk, and all honor to those few who hare the sublime courage aud Christian fortitude to follow the promptings of such a philanthropic duly. Cx-Bccretary Bristow has formed a law partnership with Messrs. Ofotka & Frit and Gen. U. L. UuukßTf, of New York, aud will remove to that city as soon as bU business In Louisville can be closed up, probably in Octo ber. llu law practice was very large before his entrance upon public lilc, t aud*U mure profitable than ever now, lie declares that be has uu expectation uur desire to become a cum didate lor auy ppbltc cilice. It was to be expected that the women, “wbo were lost at the Cross aud hrst at tft« Sepul chre,’ 1 would take the lead In the good work of luroUhlugald and comfort to the sick aodd>lue of the piakue-lufcstod South. Thu they have done everywhere all over the laud, and are en titled to the high prauc that is so freely accord ed tu them ou sides, 'ihe Auausla (Ga.) Chronicle notice* Gen. Hmnr.DS* warm citlotry upon tlic women of the North, ami mills a word of it* own: When Mir trne «tnrv nf the yellow-fever plague of lH7Kshallhe written, It will lw fniind, we tnink, tint tne mn«i prominent port, North ami Month, belongs of right to the women of the land. We hare the testimony of Men. Nntßi.naas to the sentiment and action now pervading the women of the North. Every record from New Orleans. Grenada. Virkdjun*. and other smlftvn places. |* redolent with the heroism and sacrifices of the de voted women of tho South. Munv men hare been accused of cowardice in leaving their home* and families to (hr mercy of the world and the ravage* of the scourge, hut wo Imre seen no well naihcntl rated account of such baseness and treachery on the part of any woman. On tho contrary, women of high and hnmole station, women In the garb of religion ami in the apparel of the world, women pure an the dream of angels, ana women—Oon pity them!—soiled with sin, hit with Irno womanhood nnoxtlngnlshed, have braved death, starvation, misery, ami all the woes that watt upon tho pingno that spare* not hy dav or night. Wo may not be lieve in the doctrine of total depravity, hut if it is over exemplified the nnfortnnniu being who illus trates tt Is never a female. Uon bless tbu women of the whole country I To-morrow tho annual reunion of tfae Twen ty-third Ohio Regiment will bo held at Wil loughby, at which President Haves Is expected to make a little speech. Ho was formerly Col onel of that band of veterans, but it Is not like ly that the old soldiers will have the exclusive honor of welcoming the President to Northern Ohio. Tho cordial reception which the Presi dent has met with everywhere la the North west on bis recent trip will convoy a hint to the people as to the proper manner of entertaining tho Chief Magistrate of the nation. Tho 8U Louis JUmMlcno of Wednesday, speaking of Chicago’s yellow-fever fund of $42,000 (It is much larger now), says that “8U Louis has already left that sum In the rear, and lias not got done by any means. Its ten-tbou sand-dollsr concert Is still to come off, and oven then there will bo more to come. We shall fight It out on this line If it takes all winter.” Do your best, neighbor, and we will try ami cover the biggest pile you cad lay down la such a holy cause, , Theodors Thomas tirul a largo nudtence at his benefit on Wednesday night last, notwith standing the fact that some of the New YorK Doners spoke slightingly of him since ho an nounced hts Intention to remove to Cincinnati. It Is said that every lively effort is now being put forth-to retain Mr. Thomas In New York, but he dentes all knowledge of such a move ment, and says his contract with the Cincinnati people has already been signed, and will be ad hered to. Secretary Evarts has a fine farm lu Vermont on which ho is raising some premium vegeta bles. Ho goes out early in the morning to pick tbo bugs oil bis potato vines, which remind him of some of the annoyances that he sees In Wash ington. "These parasites," said Mr. £vakts, " remind me of the ofllcehoidcrs that Infest the Capital. You think you have got rid of them at nlsbt, but the next morning they alt come flocking back as fresh and persistent as ever." Big Doolitilb will soon take the stump for little Dooum.R. If by any fortuitous arrange ment of flendlsh circumstances, and If the Lord Is determined to chastise those whom Ho loves to the extent of permitting such things as little Jim's election "to overtake us like a summer cloud without our special wonder,"—then It will bo a mercy If Jim will substitute the Judge and represent the .district la Washington by proxy. ■ To Hie fMlfer 0/ The Trthunt, Laconia, Ind., Bept. 13.—Please Inform mo thruugn UlO columns of your paper If yon think wheat will advance, amt oblige A Sunsciuoxn. Wo think it will; but have no opinion as to when It will advance, or the figure at which It will turn upward. Our reporter asked a prom inent member of the Hoard of Trade to help him In solving the problem, and received the re ply: “If I could tell, 1 would not be hero to listen to your question." Tho Republicans of Colorado have entered upon tho campaign with an Industry, vigor, and enthusiasm that might bo Imitated with profit by the Republicans of some of tbo older Btates. Their candidates are all first-class men, who are making the canvass exceedingly lively for tbelr Democratic opponents. Pattbiison, who was voted into another man's scat by tho Con federates of the last House, will have leave to stay at homo. Tbo Bnringfield Republican (Ind.) Is tb 0 au thority for saying that F. 11. Murch, who beat EoasNß Hals for Congress lu tbo Fifth Maine District, "is probably tho least reputable Representative Now England bat sent to Con gress lor a generation." And yet it Is over this Ignorant blatherskite's election that tho Demo cratic press is exulting in loudest tones. Tho absurdity of requiring a majority of all tho votes to elect a Governor is well Illustrated (n tho caso of the votes Just cast in Maine. In round numbers Connor gets 63,000 votes, Bmith 87,000, and Garcblon 29,000. And yet It is expected that Qarcblon, who only gets about one-fifth of tho aggregate vote, will bo elected by the Legislature. It Is said that Matt CAiU'KKTEn has so worded the form of petitions to himself to bo a candidate for the United States Senate that ho cannot possibly, in JusUeo to bunsulf, de cline. lIOQACB WniTß Is Just now engaged in a little controversy with the New York Tim** whether anv capital was destroyed during the War. Thus tor iloiiACß seems to havo the best, of It. POLITICAL NOTES. Senator Q rorob Hunt, of Edgar, who is a can-* didale for re-election without any apparent op position, Is stumping the Thlrty-lirst District with his accustomed ability. Tho Democratic Congressional Convention for the Ninth District meets at Yates City to morrow. Wilson, who was defeated by bovo two years ago, will probably bo renominated. In the Forty-fourth District the Republicans are threatened with tho lot* of one member by the srliishncss of Crbws, of Wayue, whose friends are likely to plump on him. The dis trict elected two Republicans in *7rt, and can do it again if Hie vole is fairly divided. The Rockford (Airrifs states that th« Rev. J. C. Stoughton, who Is running hs a Prohibition candidate for Congress in the Fourth District, Uu Uourbou Democrat in disguise. It is not often that Uourbou Democrats assume a tem perance disguise. In 1870 ho was beaten by Dun. Farnswortu only 1,700 votes, since which time hu has been everything by turns ami noth* lug long. Ho stumped fur Tjldrn in 1870. To-day tho Madison County Democracy bold a Senatorial Convention. Col. 8. A. Buck master. one of tho old reliable Bourbons, will be nominated for Senator, and Joun J. Spin dlbk, of Highland, and W. R. i'BlCKxrr, of J2d wardsvllle, fur Representatives. Pmctiarr bas twice been a candidate for Statu Treasurer, and now desires to tro to tint House to revenge Llm svlf on come of his Southern Illinois.friends. bucxMASTBU was Speaker of the House lu M 3, and member of the lost House. Beniamin P. Butler, of fragrant memory, of (be tlrm of Kearnst & Butler, now Wo podruiufng throughout thu country, Is an nounced to exhibit at Indianapolis Friday ant) 'Terre Haute Saturday next. At the latter place special arrangements Iq the shape of re duced hotel and railroad farca are' ottered, and it la safe to predict that 10,000 or 18,000 Hoosisri will listen to Ben’s barbaric yawp. While the hat men claim the honor of Butlbu’s visit. It la generally conceded that he.will help Yoorusks lit his campaign lor the Senate. Thu Uepubllcans aland a good chance of losing a Ueoreteutatlve lu the Thirty-second DUiruw The Convention nominated P. H. Monauan, of Areola, but Moultrie County bolted, and a subsequent Convention tmml. nateoJ. A. Onitr.onT. Neither candidate pro poses to decline, and the result wllliu; th’< de feat of NEAUtho IccUlmntu candidate. Two yours ago Neat, was elected the minority mem ber by n small majority. The National* nro running a preacher named Oni.nr, of Moultrie, and he will tret a large vote from both the old parties. Should the Republicans divide on Monahan, Gnnoonr, and Neal, the Nationals will run their man In. The Republican Congressional Committee of the Fifteenth District fatted to meet at Fan* last Friday, as advertised. The apathy In that district Is unparalleled, and demonstrate* that the men who ought to lead the party arc demor alized. Two years ago they let .John R. Kuhn walk over the track without any concerted op position, and now when Eden has been beaten by hli own friends and a singularly unpopular man put up—when tho Democracy la turn ami rent asunder—the Fifteenth District Repub licans arc oven more slothful than In isTd. It la notorious In that district that Dbcius will scarcely poll more than two-thirds of tho party vote—that the chances for electing a straight Republican never wero better, but even now Inc proper Congressional machinery can not be put In motion. For this unsatisfactory condition of affairs such old-time Republicans as Col. Van Bbu.ar, of Far:*; Penitentiary Commissioner Delaney, of Mar shall; W. H. lUnt.ow, of Effingham; Eopeut Cai.laiian, of Roolnsoti; Tost Aitbrson, of Cumberland; Jacod Wilkin, of Clark: ami liamlin, of Shelby, are seriously to blame. Since the Maine election, we understand, Pott amis, the National candidate, has become an advanced thinker, a flat man; and the result will be a large defection of that class of men from Dbcius to Forstthb. There is, to-day, a fair plurality of the people of that district In opposition to Dbcius* Democracy and For sttiib’s flatlsm, and the Republican party should not only put up its candidate, but make a vigor ous and successful fight. NECROLOGICAL. THE GYPSY QUERN. Special DlujMteh to The Tribune, Cincinnati. 0., Bept. IC.—'The funeral of Matilda Stanley, Into Queen of the Gypsies In the United Btates, took place at Dayton to-day in presence of over 20,000 people. The pro gramme of services did not differ essentially from any Christian burial. It any exercises of a peculiar character took place, they were apart from the public demonstration. There was a long lino of carriages, and services In the cemetery wore conducted by the Rev. Daniel Bencher, of the United Brethren's Church, of Dayton, assisted by a quartette from the church choir of the city. The Gypsy Queen died In Vicksburg last I'obruary, and her body was embalmed In such a manner that It still retains the nalaral appearance of life. It was placed In a vault in the cemetery, and everyday members of the late Queen's family have come with fresh llowers to strew over her. To-day tflere wore a dozen Chiefs and their tribes In the city from different sections of the United Stales to pay their last tribute to the dead Queen. The deceased was a plain, hardy-looking old woman, with a touch of Meg MtrriUa In appearance, and a manner indicative of strong and pronounced character. There are stories told _of her wouder ful faculties of telling fortunes when she pleased, and her remarkable power os a mesmerist, Imth of those qualities being accounted for by the fart that they were handed down to her as the eldest daughter In the Stan ley family, and were secrets possessed bv her alone. She possessed a singular influence over tier people that has not entirely ceased with her death. Her subjects came to America in l&d, ami shortly alter selected Dayton as their head quarters for the summer months, and it became .the centre for the Gypsies of the country. They are good neighbors,—industrious and tfirlllv,— contrary to the usually-conceived idea. They havo several large farms near the city, in the winter they pack up far the South to speculate and trade, leaving one or two of the tribe to look alter their property at home. They are reverent church people, and the reigning King, Levi Stanley, and his sou and heir, known as "Sugar Btanlcv," are mum. hors of the i. O. O. F. In good standing. The grave of the Queen, in which the collln will rest, is a hot made of stoue slabs, itwo feet deep and ten by four in dimensions. Over thtf grave will be raised, in the form of a monument, a huge boulder eight feel in diameter, surmounted by a life-size ilguruol the Queen in white marble. Davton, 0., Bent. 16.—Matilda Stanley, known as tiiu " Gypsy Queen," and recognized as such by all the trioes throughout the United Btates, wu buried at Woodland Cemetery In this citv. The Queen was a woman of great influence among her race. Bho died in Vicksburg last wluter, and.her body was embalmed and pre served until tbo present time for the funeral. The cemetery was tilled with people, the funer al attracting visitors from the surrounding country, it Is estimated tliatoverlir>,ooo people were hi attendance. Representatives of promi nent Gypsy families from all parts ol the United Btates and Canada have been assembling in the city for the occasion, aud the funeral procession was a mile In length, Thu ceremony was conducted by a minister of the United Brethren Church, aud did nut dliler from that of the Christian funeral. At the close an af fecting scene occurred. Tno children of the Queen threw themselves on the grave, tilling tnu air with lamentations. Davton has been lor some time the headquarters of the Gypsies In this country, and the King, the husband of the Queen, llrcs near this city, and owns a large tract of ground. • OBirUAliY. ffpfdal Dltpateh to Tht TVUuff*. Decatou, 111., Sept. 15.—Walter Outlier, aged 21, the son of one of our wealthiest citizens, died last night of typhoid fever. Ho was to have boon married on Tuesday next. Nbw Yohk, Sept. 15, Col. James C. Loath, aged UZ, one ot the oldest and best citizens of Memphis, died at 73 Filth avenue, in this city. Hu was President of tue board of Police and Fire Comu..»sionm of Memphis, also Superin tendent ot tue public schools. 001. Loath died of congestive chilli, lie was n ton-ln-lnw of the Her. Uuurge White, of the Episcopal Church of Memphis, whose sun died there ot lever. MOHTUAUV. Bptcial VltpafcA to T.U Ttliun*. Milwaukee, Wls., SepU 15.—The funeral of tho late Edward M. Hunter was held this after noon from the residence of tho deceased, ood was largely attended. Tho ceremonies were under charge of the bur Association, and Can pressman J.vnde, Judge Mallory, H. L. P.ilm°r, John W. Cary, and otner leading members of the bar, wuru In attendance. Thu Hev. Dr. Kpaldmg, ol tho Episcopal Church, nttlclated. Tile remains were interred in Poresl-Huinc Cem etery, itud a large proeesblou mured lothugrovo. SUICIDE, HftriaJ fHinatck lu Tht TWSuss. (IRAKI) JUNCTION, la., Bcp*l. IL— Daniel Strife, a banker of this place, committed suicide by shouting himself with a single-barreled gun on ids lunu near Rlppey, a town about six miles from here. No cause cun bo assigned for the deed. Ills business and family relations were of mu pleasantest. Ho loavos a wile lu delicutu health and one child. The la>dy was brought homo uu thu uuou train. Tho Coroner wUI hold aa Inquest this afternoon. IXEAUT DISEASE, Sptdal Dlumtek <o Tkt JHbuMt. Watertown. WU.,‘6ept. 15.—August Black, cx-CUy Treasurer, while milking hts cow thu morning dropped down dead ul ueart-duesse. THE PRESIDENT. Toi.sdo, Sepu 15,—A committee of citizens vlblted President Hayes at Fremont, yesterday, and Invited him to spend the day here during the (n SUto Fair which opens to-morrow. The President accepted the Invitation, and will bo present on Thursday next. Toe weather fur tue opening day of the Fair now promises to be favorable, and arrangements are complete lor the Inauguration of tbs Exposition on a larger scale tuuu that of any previous year. OCEAN STEAMSHIP NEWS. NkwYorr. SepC 15.—Arrived, thu steamship Erin, from Liverpool. < London, Sopf. 15.—The steamships Algeria. Labrador. Nevada, and Adriatic, from New York, arrived out. Queenstown. Sept. 15.—Arrived, the steam ship Cay of Chester, from New York. Pltmoutu, bopu 15.—Arrived, the steamer Herder, from New lurk Cor Hamburg.