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VOLUME XXXIX. SHAWLS. GKR,;EI.A.T HOLIDAY SALE OF SHAWLS! Mum BROTHERS. ** For the Holiday Season we have marked down our entire stock of Shawls, and submit the following Low Prices: INDIA Camel’s Hair Stalls, S4O and upward. India Dacca Hs, 818 and upward. Casli’reMa Shawls Somelhlßg mj tandsome, S2O. Broclie Shawls, In Endless Variety. 100 Chenille Us, $3; cheap. Beaver and Velvet SHAWLS MARBiKD DOWN. Just Received, an elegant line EVENING Shawls and I raps 111 liandaome colors. ITo more desirable Present can be given. 121 & 123 State-st. HOLIDAY GIFTS* ILIMY GIFTS! Wo will keep open until 0 p, m. during present week. W. G. HOLMES, BOOKSEIiLER, SKEEM STUART, STATIONERS, 77 MADISOH-ST./opposite McVlcter’s Theatre. PRESERVES*, Etc. Tropical Profloctions, FRUITS, &c. Wo doslro to call attention to our largo stock and flno assortment of Raisins, Ruts, Grapes, Oranges, Rigs, Roars, Citron, &0., selected with an atm to have only NEW and CHOICE FRUIT. ROCKWOOD BROS., 102 fc 104 North Clark-at. AUCTION «*ALE!». AB.TISTS’ SALE OIL PAINTINGS By CHICAGO ARTISTS, A.T AUCTION, THIS EVENING AT 7:30 O'CLOCK. BALE AT B. KEITZ*. 191 Wabash-av. JPfIOTOURAPHY. PORTRAITS A SPECIALTY. 77»70»5> Take eleretor. TO KENT. TO RENT. STORE AND BASEMENT No. 254 East Madlson-st (Possession Jan. 1), opposite Field. Loiter * Oo.'e Wholesale Store. Inquire at SILVERMAN’S BANK. TO JOBBERS. FOU UKNT IN OMAHA. NKU. Tha flout double brick (tore west of Chicago, ilu three alwrlu aud ccincutoil basement. located *5 tlie centre of bulucaa oo Faruhetn-at., sod will he {••djr for occupancy Uec. 3A. »ou.buttcra. and Needy baod-.lccator- Host location [•'f wboleult Dry Good, lit luu Wed. For terms apply FINANCIAL MONEY toLOAN Br JOSIAH H. REED, Ho. 62 WilllaM, N. Y.. In amount* a* required, ou IMFUOVEU CHICAGO HlOmiTV, aIHEST KAYE. . AppUctUon. received and promptly attended te ** U. A. UIULUUT. 75Kaudwlph-*U dP&ttanu Paito tTvUnms DIAHOiIOS, WATCHES, JEWELHI, Etc. BIAMON WB GIVE CAREFUL AND SPECIAL ATTENTION TO THE IMPOBTATION AND MOUNTING OP DIAMONDS AND DIAMOND JEWELRY, AND NOW OFFER THE BEST COLLECTION OP GEMS EVEB SHOWN IN CHICAGO, AT GREAT BARGAINS. xisrsraaTioisr invited. OUB WHOLESALE STOCK OP WATCHES, JEWELRY, SILVER WARE, CLOCKS, 4co„ WILL BE OPPEBED AT UNUSUALLY LOW BATES DURING THE HOLIDAYS. GILES, BRO. & CO., S. E. cor. State & Washington-sts. OPEN EVENINGS TILL CHRISTMAS. CHRISTMAS GIFTS! NEW GOODS! BUY BEFORE NEW GOODS! THE RUSH! Our recent general Clcarliig-nnt Sale, and iimnciiHc Importations and purchases In consequence thereof, make our display unprece dented, and varied to the purses ot all. Those seeking Christmas gifts, durable, elegant, nnd useful, will save money by calling on ns before making purchases. N. MATSON & GO., . GENERAL JEWELERS AND IMPORTERS, STATE AND MONROE STREETS. I*l ANON A.\l> OUUANN. Stemway Triumphant at every World’s Fair; indorsed by the most eminent musical authorities of both hemispheres, and the acknowledged standard Pi anos of the World. Special, attention is directed to the lately-jiatented Stein way Parlor Grand—but six feet lony—iolth touch, quality of tone, and almost the power, of a Steinway Concert Grand; and to the new Steinway Up right or Cabinet Grand, with matchless tone and perfection of action. ILLUSTRATED CATALOUUES HAILED FREE. LYON & HEALY, STATE & MOJJTIOE.STB. OAT MIJAL. OAT MEAL. ' Wo now havo in stock this sea son’s importation of McCann’s Irish Oat Meal, Robinson’s Scotch Oat Meal, and the Celebrated Akron Oat Meal, being the finest brands .of Irish, Scotch, and American Oat Meal on the market. ROCKWOOD BROS., 102 &IQ4 North Clark-st. SKATES. The largest and most complete stock of Skates ever shown in Chicago, ICE KING, ACHE, AMERICAN CLUB, And ill the cheaper Gob Skate*, ranging In prlre from floe to t7.no per pair. The only nloceTn Chlcsgo having the pn<|H!r machinery for grinding Skate* on llto Har tley & Derry CONCAVE FLAN. A full lino of HIGHFIELD’3 ARCHERY. Tool Cheat*. Hieum Engine*. and Cutlery. A. O. SPALDING A 1380.. 118 Hapdolph»tt. AMEEIOAH CLUB SKATES—SoIo Agency 1 keep the Unreiutockof Skates wen of N.V. Splen* dldaaaortmcnlCutlfry. l.nme*. Novulllfi, Toy Englnca, Alrl'lsiolaand Gun*. TonFchciit*, etc, Don't imv nefure »Seto» myatock. J.W. li. KKU.KV. Tribune Unlldlng.. CLOCK*. FINE GLOOKS. The Uncnt stock of French Man tel ami Carriage Clucks to bo seen lu Chicago has Just been received by Tit ASK, ROWE & CO., Importers, 103 State.st., second tloor. PESTUTy MATIiKIAI.». BOXES OF China, Oil & Water Color Paints. A. H. ABBOTT & CO., 147 HTATE-ST. Mathematical Instrument., Wax Flower Goods, Decalcomanle. etc. CLASS SHADES. A. H. ABBOTT jTbo., GLASS SHADES! 147 STATE-ST. 111 US IN ESS UAItDS. H. A. HUELBUT & CO., Wholesale Druggists 75 & 77 RAKROLPII-ST. blOt'KllOLliEUS’ MEETING. Stockholders’ Mectliigr _ ... Chicago, Dec. ja tern. The annual meeting of the fciockholdcra of ••The Commercial Naileual Hank of Chicago,” for the dec lloo of Directory will bo held at lu Hanking House 'IUEBGAV. Jan. M, IS7V, between the hours of Ueud J o'clock p. tu. OEoiiQE L. GTLs, Cublcr. CHKISTitIAfI GIFTS. JKWELHV. A. tt MILLER’S Importing and Manufacturing Jeweler, 233 D CHRISTMAS CHICAGO Old residenters and others will please remember this, and when purchasing your JEWELRY PRESENTS of any description it will re pay you to make your selec tions from his UNSURPASS ABLE STOCK. His Goods are all warranted as repre sented, and at prices as'low as goods can be sold for.' Also a Foil stock of Boiled Gold and Plated Goods. 163 State-st., Northeast corner of Monroo-st., Oppoaito Palm or House?. J. L HATHAWAY. COAL! Ole eni M, 38 Market-si, cor.Rmioljti, Office and Dock, 1 Nortti Market!, Ole and Coal carefully screened and DELIVERED PROMPTLY at lowest market rates. Quality guaranteed. A large portion of stock under cover. Orders by matt and Am. Bis, Telephone receive prompt attention. n.AWOHDS, JEWIitiHV, Etc. DEFIANCE!! Nn hooia In the city DADE oiler you aorh narrate* In Kino Uatche*. Diamond*. Jewelry, Solid Mlver War*, etc., purchaaud fur CASH from bankrupt htocc, and are now oßered at aa average dlacouat of sti per cent from cost, at GOLDSMID’S LO-AJNT OFFICE, IVo. OO Eawt MiuliH»n-Ht. Xow Slock from Do*ton to day. Call early for Choice beicctloo*. OTJIR; STOCK DIAMONDS Is Unsurpassed in. QUALITY ami QUANTITY, ami Our Prices the Lowest. TRASK. ROWE * CO., SO Per Cent Less Than Store Prices. Fine Watches, Dial monos. Ac., sold to par advance*. D. LAUNDER, Private Banker, IJO B»ndo!ph«st.. Kooms B and 0. MISCELLANEOUS.' PARENTS, If you with to make your Uoyt'an Indructlve aod profitable present, call aitd ace ouu of our Hrlutlmr iTcosca Complete outfit of l*reu, True, Card., Cm etc., for Id. 74. C uiy WliL L. W A S'S klt AC I). ’ IH Cl.rad.. Chicago, No Hue Complete ou Ciimte Without OEO. 11. UKBS' p|>ES FIIIE-PLACF SSli“o^" ,e “ c .'SiSJK l %o^i'4v‘^c.%Ws^- 4J licartwra-iL SUIiUUUAN HOTEL AVENUE HOUSE, EVANSTON. sleighincTparties. We are prepared to entertain ULKIOIIISU FAUTIKB. and to lurol.a Supper* Muiic, and baaclng Uall. on reason able terms. Address. by tetegranh or null. bWAKI' HUO4.. kviuwlwu. lU, WEDNESDAY, DECEMBER 18, 1878, s. We want every Stan, Woman, and Child, who wishes to have dry feel this tflnter, to discard Rubbers, and use Elgin Polish, Guaranteed Odorless It is absolutely Waterproof and retains its Shine in all kinds of weather. Will XOT injure leather, and the only SELF-SHiyjyo Polish that is a perfect success. When your boots yet soiled, WABII them, ami the pollshwlll remain. It is the lacy man’s friend. Use once a week. Every bottle of the Improved Elgin Polish is furnished with a brush in stead of a sponge. H.M.DICKEY&CO. 19 and 21 WABASII-AV., CHICAGO. IMPORTERS or Fie Decorated China, EairaveflaM Cat Glass, English Luncli and Dinner Sets, IriGesceotßolieDiian Glassware, Plai White Ciaaafl Stoneware, And tho Cargos* Variety of Fie Fancy Goods & Bri-a-Brac “OVINGTONS,” 146 STATE-ST., CHICAGO. Wedding t Holiday Gifts in Great Yaript: "IMPERIAL PANEL” |I n time for “ CHRISTMAS." 210 & 212 IVnbnoU-av. COAL. CHRISTMAS on NEW YEAR’S Without tho FINEST of TEA and COFFEE the market affords? Cer tainly sot at tho prloo they now can bo had. The best within tho roaohofall. WARRANTED PURE and FINEST quality. Orders from the country sent O* O. D. ROCKWOOD BROS., 102 & 104 North Clurk-st. CHOICE GIFT HOOKS, The School Boy. A Beautiful Poem by OLIVER WENDELL HOLME*. Finely Illustrated. Cloth, full gilt. ft. Morocco, or Tree Calf. fa. For sale by JANSEN. UcCLUUO * CUM The School Boy. AeEiqalslle Poem by OLIVEIt WENDELL HOLMES. Admirably Hummed. Cloth, full gilt, fi. Morocco, or Tree Calf, fd. **Odo of tbe moat welcome gl't-books of tbe tea* •on."-Mali. New Vori. For sale by THE WESTERN NEWS CO. Tho School Boy. l)y OLIVEIt WENDELL HOLMES. Klcgaotlr lUua trated. Full gilt, sl. ••ThUbeautlful book-beautiful to lb« eyeoad*>eau- Oful tu tbo huart.—Tns CoogrcgatlooalUt, liuswii. Fur sale by HITCUCOCE * WEUIEN. OLIVER WENDELL HOLMES’New Poem. Superbly Illustrated. Full gilt. ft. “We doubt If tbs fsmoos Blvcrslds Press avsr seat forth a mors delicious buck.”—New York CUrUiUa lutcUigcuccn Fur tala by W.Q. HOLMES. Uncle Toni’s Cabin; NEW ILL VST US TED UDITIOS. Mrs. STOWE’S world-famous story. In a new sad U-auUful form. with rcd-Uuo border, ever 100 Illus trations. an luiroduellua (of 50 pages), and a UlUJio graphyof all <U editions asd traaslatluus. A must lo attractive form. Cloth, tutl |hL fXuX Half Calf, fd.so. Morocco, or Tree Col/. Sold by all Booksellers and by tbe Publishers. HOUGHTON. OSOOOD & CO.,Bouton, ELGIN POLISH. MUD, SNOW, WATER. Which with its Recent Improvements is “Ask your Dealer for it.” CI3INA, QLABBWAHE, Etc. 127 TUB CITY at LOW FRIOBB. ART STUDIO. TEAs AND COFFEES. CHOICE GIITUOOKS. The School Boy. WASHINGTON. Passage of the piaine Elec tion Resolution in the Senate. Only Six Democrats Had the Hardihood to Vote Against It. The House Naval Committee De clines to Indict Ex-Secre tnry Robeson. Secretary Sherman’s Reply to the Beck Resolution of Inquiry. The Secretary Claims that He Has Always Acted Within the Law. Frauds Charged in Connection with the National Bank- Note Printing. Spicy Debate In the Rouse on the Postal-Car Appropriation Bill. The Oanstio Conner and the Beefy Dor* ham the Central Figures. IX TUTS ST3XATE. me dlainb ncsoumos. fixeial Dlr&UeA to 7>. trftuv, WismsGTON, D. C.. Dec. 17.—Senator Blaine, after standing ai champion for bit retolutlona through another da.r of skirmish de bate, was rewarded by their passage by tbe strong rote of 58 ayes to 0 nays. Thcdebato was not so Interesting aa It was yesterday, with tbo exception of an Interchange of wittr sallies between Pinckney Whyte, of Maryland, and Dlalne. It la understood to-night that Blaine will not accent the Cbalrmanshlo of tho special committee to be raised to conduct tbe investiga tion. RECIM. The Republicans, haring carried the Election- Inrestlgntlou resolutions, were ready to rote for a holiday recess. Morrill, of Vermont* who knows what an immense amount of unfinished business Is on tbe calendar, endeavored to cur tail the time proposed by tbo House, bat he was roted down, and a day was added. Should tbo House accent this, tbe racatlon will bo from Dec. SO to Jau 7. ci.inc. Senator Morgan will endeavor to call up to morrotrihc bill appropriating $150,000' to com pensate the Southern Methodist Publishing Company fur tbe damage winch It sustained by tbu occupation of its printing sad binding es tablishment at Nashville during the War. Tbo passage of tbo bill is urged by OUuop Simpson and hundreds id Northern Methodists, although ill* asserted that the establishment had been converted into a factory for tbe manufacture of muskets ami munitions of war. TUB COMMITTEE. The Democratic Senators bold a caucus to* morrow to select four members of tUelr party who are to be members of tbc lilalnu Commit* tec to Investigate the South. There ha# as yet been uu choice of Republican members. Sena* tor Ulalne slated to*utzlit that the selection bad not yet been made, lie himself declined to be a member. A number of Abcr Republicans have declined, Including Senators Edmunds, ilowe, Conkling, ana Ingalls. The choice among thu Republicans wlltbo somewhat uar* nmed, as a very considerable number have ex pressed reluctance to act. Wiu. DECLINE TO BBhVB. It has been taken fur granted, ever since the' resolution was amended to make It provide fur a special committee Instead of directing the Judiciary Committee to make the Inquiry, that Senator Ulalne would bo made Chairman, but he went' to the Vice-President this afternoon nml {K>sltivcly declined to serve. Jlo has puldlc duties to attend to that make It seem almost imperative that ho should be lu Washington during the whole of the present abort session. Whllu thu appaliitmcut of Uiainu to the Clialr maushlp of this Committee would bu most natural, it is not required by parliamentary law or uaago. Thu resolution which bo Introduced did not provide for asocial committee, and It usage was to govern the Scnatortipou whoso motion thu change was made would be Chair man. This was Conkling, hut be DECLINED IN ADVANCE to serve. Thu resolutions will aim to select at lent three men who will bo titled to preside, because, after aojwinted, the Committee will naturally divide Itself into three sections, one of which will go to South Carolina, one to Louisians, and one to the Stales la thu North. Senator Dawes has been suggested as ouo of the best men lor thu Chairmanship. He has had much experience In the conduct of Investigations, when a member of thu House. Mr. Hour Is also mentioned, ile bus bad more experience in dealing with the Southern question lu its va rious phases than his colleague, and tliu record he made a luw years ago when he conducted an Investigation iu Louisiana la such as io givu even the Democrats confidence lu hUhonestvj and fairness. For subordinate positions uu the Committee thu Republicans have an abundance of material 11 U were nut for the disinclination of Senators to serve. IN THE HOUSE. TUB OBNBVA AWARD BILL. Hpteial IHrpatrk to r*t Tribunt. Washington, 0. C., Dec. 17.—The House •pent Iwo Hours more to-day on tbe Geneva Award bill, ami It Is expected tbata vote will bo taken to-morrow. The representatives of tbe War premiums are very confident 10-olgnt of the passage of their bill by tbo House, it U certain that the agents of tbe Insurance compa* mes are mum discouraged. The War-premium claimants place great reliance on the speech which McMahon la to make to-morrow In their favor. One striking feature of to-day's debate was that CnUtendcn. of Brooklyn, who is him self a Director of New York insurance compa nies Interested In the majority bill, and who lost year earnestly opposed War-premiums, to-day pronounced against the ipajoritv, or Insurance, and said that the minority, urVrye, was haht, and that be suould vole for 11. There hss been a constantly-growing sentiment lu favor ol War premiums ever since the debate begun. POSTAL-CAN API’BOPSIATIONS. Tbe House voted the additional *150,000 neo eaaary to continue the railroad po»ul service lu operation, with the proviso that the appropria tion snail be made applicable to the serv ice as It existed t rior to Jan. 1 last. This will comuel the abandonment of the earlv morning *taiu from New York, which carried the wails and newspapers lu Boston by midday, and will also require tbe susnouslou of other service which has been established slucc (bat date. Ttuw Democrats of tbe Appropriations Committee endeavored to Justify their position lost winter In voting Insumcieut appropriations by endeavoring to show that tbe pretended economy was not a mere piece of clap-trap de signed for campaign uses, but they were quite unsuccessful lu their efforts. Thu Kepubhcaus hod the advantage of them at every step, and the Democrat! were Anally glad td pass the bill with as little debate as possible. ROBESON. TUB UOL'SB INVESTIGATION. SfiMai Ditoaldx to Vu friSidte, Washington, D. C.. Dec. 17.—BeprcseoU liv« Whitthorue could nut carry the Naval Cum mltteo to-day in favor of the report lo recom mend the Indictment of ex-Becretary Robeson end other navsl officer*. Some of the Demo cratic member* of the Committee believe that, while there were many thing* la Robe&ou’s ad ministration open to Jml critidim, there has been no evidence produced which warrants either impeachment or legal proceeding*. The Committee therefore voted to impend action for four weeks, to allow any of the Implicated person* in the iiicAotlme to take testimony In their own behalf. Secretary Robeson has writ ten lo tlsrmcr, of the Naval Committee, a letter claiming that the Committee has kept him In the dark as to Us intended action, ami that he had reason to believe the charges Igalnst him, after having been examined and considered, had been abandoned. He therefore aska as a mat ter of right and Justice to he called before the Committee as a whole to answer all charges and to make any desired explanation. NOTE-IMUNTING. DOtjRI.S-PBALIKO CltAßOtl). WAAnnroTO*, D. C., Dec. 17.—Mr. Glover, the Chairman of the Committee on Expendi tures in the Treasury Department, has sent to Mr. Atkins, tbe Chairman of tbe Committee on Appryprtatlons, a statement that National-bank notes have been printed In the Bureau of En graving and Printing instead of under the direc tion of the Comptroller of the Currency, as the law rcqhlrcs, and that the Bureau obtained the work on the hack of tho notes by offering to do It fur 18.03 a thousand Impressions, which was less than the bid uf any of the seven bidders; but, from the Ist of January to the lit of July last, only about one-sixth ot the work was dune at this price, tbe remainder being charged se cretly at sl4 a thousand for second printing, or the grccn-tlnt, and S2O a thousand for third printing on the faces. Mr. Qlovcr says that Congress and tbe public have been deceived; that the Bureau figures arc wholly unreliable; that tbe Bureau reports do not make a proper showing of the cost, ood tbtt tbe bank-note printing indicates loss expenditure and extravagance within the last fiscal year, to tho extent of oVer SIBO,OOO. The expenditures of tbe Bureau before 1674 arc not even known, they being mixed with the so called expenses uf tbe national loan, and It would take a corps of clerks six months to as certain tuc actual state of the account. TUB SUGAR DUTIES. The Secretary of the Treasure and other Treas ury ofllcers were before the Ware ami Meaue Committee thU morales, am} advocated the passage of a bill prepared at the Treasury De partment to prevent the evasion of duties ou sugar under the present color standard. Tbev unrod an addition of the polariscope teat, aud’, when necessary, chemical analysis. f ~ MAIL MATTER. EATIS rtxib IN TUB PUBUSUKRS* DILL. H Special Diipa/iJi t» 77>« Triim**. Wash isoton, D. C„ Dec. 17.—The House Post-Ofllce Committee today, Cannon alone dis senting, agreed to the Publishers* bill classify lus mall-matter. It retains the uniform rate of two cents per pound for newspapers, magazines, and aerials. It lucludes In this rate sample coj>- les, and allows Inclosures of bills, receipts, and orders for publications. Transient printed mat* ter and books are rated at one cent for tacb two ounces, - and merchandise la flzed at one cent per ounce, noth of tbeso bcimr the same at existing ratio. Advertising sheets are not admitted to register as newspapers, and pcriodicala are. The law in regard to packages weighing over four pounds Is changed so os to allow single volumes of greater weight than this limit to go in tbomall. Heretofore printed articles and articles of glass, such as micro scopes, have been chm oui of the malls. Un der tbu new bill they can be carried, if so se cured as not to Injure tbu mail-hags. Letter press -copies, sud manifold copies, and copies from the tipe-wrlter are allowed to go os transient printed matter. THE TREASURY, inßSyAK’fl EEPLT TO BECK’S liCSOLUTIOK. Washington, D. C., Dec. 17.—The Secretary of the Treasury scot to the Senate to-day a communication in response to the resolution of Mr. Deck, adopted on the fid lust., regarding silver coinage. The Secretary transmits a re port made to him on the subject by the Treasur er! and adds: “Under the existing lair either gold coin or the standard silver dollars may be used in the payment of Interest on the public debt. The law dues not direct which shall bo paid, bat loaves this to the discretion of the Department, to be exercised upon considerations of public policy, and thu practice of allowing a public creditor the option of the form and denomina tion ot the money lu which he shall be paid 11AB UEBN OBSERVED. The manifest object of mio set to authorise the coinage of the silver dollar and restore Us legal-tender character, when construed in con ncctiuu with the Dcsumptlon act, Is that gold coins qnd the standard illver dollar shall he maintained at par with each other, and this object can best bo obtained by paying oat aucb coin as may beat subserve tbe "convenience of the person to be paid, and not to force upon bltn either form of money. Any other course would discriminate against the standard silver dollar, and tend to ha depredation." Treasurer Gllflllan. In bis report, says that MO DISTINCTION JUS BVKIt BEEN MADE between gold and iilver moneys lu the Treas urer's general coin account. Tho total receipts of the standard sliver dollars from thu Ist of July last to Nov. fiO were 9fi.tTS.fi4s, 81,500,1X10 being on account of customs. These figures do not cover tho Silver certificates. The Treasurer has exchanged thu standard stiver dollars with the public for gold coin to the amount ol 91,534,7115. Thu coin Interest paid during the current fiscal year amounts to 9&i l 34V‘£D. 911- vur coins received during tne current fiscal year have not been specifically applied to the pay ment of interest on bonds and notes of tuo United Stales, except so tar as the fractional silver received has been used in disbursements fur coin Interest lu making payments of frac tional parts ot a dollar. PBDEIUL fUNDS. Tbe United States Treasurer expects to have on tho Ist of January, exclusive ul all demands, 91S5,tXX),U0U lu coin with which to resume specie iwymcnu. CAPITAL 'AND XAHOU. SDOOBSTIONS AND FIOI'UBS PUESBNTBO BT UK. BDWAUO ATKINSON. Bv Telegraph tit St to York Tribune, Wasoixgtok, I>. C., Dec. W.—Mr. EUwart! Atkinson, of Boston. appeared to-day before tbo Committee oo Labor, of wblcb Mr. Abram fl. Hewitt la Chairman, aud made a very inter* eating autcmeol ou the relations between capi tal and labor. He presented Interesting statistics obtained by tbo researches of Mr. Carroll D. Wright, Chief of tbo Massachusetts btatlalical Bureau, and from the return* of the Assessors of State taxes, which, taken -together, furnish as to Massachusetts (the richest State lu the Union), the basis for a pretty close approxima tion to the truth In regard to the auuual product of labor and Iho vtduo of accumulated property, lu IS7S the amount of property returned was as lulluws. values being expressed lu currency, gold at the time being Wurth tiu to 11b: ties) rstale....; 81,011.000.000 I'vfooiiul property feiu.uoo.uoo bnviuv* bank deposit* U0b.000.000 Property pt corporation* ttfsea dl rvctiy by tb« bum 84,000,000 Prupurly rv(uro«U uutiar Ibc back US Si. 000,000 Total .9wMM.oou.uuo On account of properly subjected to double osscasruuut, iu tu itic case of mortgages, Mr. Atkiu»uu deducted $030,000,000 from the return ed value of real estate, und oQ account of mort gages, notes, uud olticr paper merely represent ing titles to property, lie deducted *WI,UOO.OOO Irom tbe aggregate amount of personal property assessed fur taxes. TbU left SI,UJU,OUU,UOO ai tbe net accumulation of Ute actual product of labor during tbe two centuries wbtcu have elapsed since Uie Massachusetts eolouy was founded. lie next considered tbe product of Industry in the Mate for 1975, which bo set down as follows: Manufactures SSW, 000. 000 Fisheries 7,600.000 Agrtcolturs aud Bluing 40.600.000 Total amount product $013,000,000 » —— • PRICE FIVE CENTS. In tbu tmount, liowernv tliare were noraer <ra» duplications. Thai to some extent we fame cloth is reported once if la possession of the manntactarer and again In aa'clothlug on the shelve! of the dealer. After nil deductions on account of duplication*, Mr. Atkinson set down tlio net annual pronuct of the InflOitrr oC Massachusetts at a maximum of tCOO.UOO.UOU. or a minimum of $300,000,000, and pointed out that the aggregate accumulation out of the labor of two centuries Is equal to tho annual product of only two, or t at moat, a little over three years. As a partial explanation of (he extreme slow ness of tho process of accretion, Mr. Alklnsoti pointed out toe destructive character of inven lion in Us effect upon existing capital. As au Illustration of this he mentioned a coiton-iulll which In ISW produced a given amount with the labor of 23d men working thirteen hour* a day. and lu 1878 produces the same amount with the labor of ninety men working ten hours a day. It belongs to the same corporation, Is represented by the same shares of stock, ana to all appearance Is the same mill nqw as In IS&, but within the torn* year* from that date It has been twice rebuilt from tho foundation, while It* machinery has bcch again and again replaced by Improved devices, devices which have increased the productiveness of labor In the de gree Indicated by the figures Just given. Tho destruction of capital to make way for new In ventions, said Mr. Atkinson, U the law of prog ress, and It Is to the increase of production thus brought about that the working classes must look for tbe Improvement of their condition. lie next proceeded to show by statistics of distribution bow small is the share of the an nual product of Industry that goes to capital, and how much smaller still Is the percentage which capital can devote to luxurious uses, lu it normal condition of trade, manufacturing capital may yield 10 per cent, it cannot yield more, because any industry In which It yields that iwrcentage draws so much capital into It that the profits ore kept down by competition. For some years post it nas yielded much less, and speak ing for toe cotton manufacture It would not now be yielding anything at all except /ortho utilization of material formerly wasted and only saved now in consequence of sendees to which the wits of the manufacturers have been stimu lated. Taking 10 per cent ss tho yield of capital' in ordinary times that amount has to be used to replace worn-out machinery and machinery made useless by new Inventions. U has also to repair bdilding.psy Insurance, and cover various other expenses, and In the aggregate the amount taken out for these several pur poses reduces the 1U per cent to 0. Uf this It ocr cent Is used in the pavment of domes tic and other service employed by tbe capital -Ist and in tho supplv ol the actual necessities of the capitalist anil his family, leaving only 1 per cent that can possibly be'devoted to the in crease of capital or to luxurious Indulgences. To sum up, he declared, ss tbe result of his researches Into the statistics of Industry, that out of tbe entire annual product of Industry In Massachusetts, from 03 to W per cent is distrib uted to labor, and all the remainder except I per cent goes to the maintenance and replace ment of capital. Jt Is out of ibis 1 per cunt alone that capital can find anything to add to the percentage received by labor, and the only Way In which the earnings of labor can bo In creased appreciably la through the tncreisu In the efficiency of production which new mechan ical inventions are continually producing. Mr. Atkinson then went on to discuss the services which the capitalist renders to society in return for that 1 per cent which Is the sole source of the great fortunes mode in manufactures or commerce. Jn rcplv to a question as to the present tendency for capitalists to Invest in Industrial enterprises, Mr. Atkinson said there Is little inclination to do so, and that no improvement in this particular is to be anticipated as loag as there remains any uncertainty In regard to tho unit of value, lie, however, anticipates a prosperous future fur American industry. lie disliked oven to think of thcdlilleultlcs In store tor British Industry and the distress likely to overtake tbe poorer classes of thu British people, and he anticipated within the next tiro or ten years Immigration from Great Britain to this country such us that which (allowed the Irish famine of ISpj. la re ply tn a question from .the Chairman hu ex pressed the opinion that English capital also would lie transferred to this country lu large amounts. !N'QTEB AND NEWS. MOT SO. Spteiat Dltpatek to Thi Tribunt, Wasiiixuton, D. C., Dec. 17,—Ueprcscntstivo Henderson, of Illinois, who was reported as voting in opposition to the first resolution of In quiry relative to tho National banks, was Incor rectly reported. He voted fbr the resolution. nrcomiiuT. The report In a Chicago newspaper that dree?, one of the persons connected with the Post-Office defalcation, has been pardoned, through the Infiueace of Charles Itced, U Incor rect. Heed and other friends of Gregg havo made earnest efforts here to secure bla pardon, bat thus (sr without success. No application for pardon would bu aerlouslv considered bvre unless It received tho approval In writing of Judea bangs, and It is understood that Dangs at present would not make any such recommendation. The claim lu behalf of Gregg Is something like this: Hu urges bo was Inex perienced In office, and was told constantly to look for advice to Cashier Miller. Ho did so look, and kept looking until bo bad borrow ed,” as be terms . It, from him 91,50 U. This borrowed sum was carried on memorandum tickets in tbe drawer of the Cashier of tho Reg- Istcred Money Office as moucy, and Is the amount which the Government, claims that Gregg owes. It It Gregg's proposition that ha bo heard on condition that he pay the money back, which he U ready to do. He also main tains that It Is not Just that tho Cashier, who was mainly at fault, should ha granted Immu nity, while the lesser criminal U made to suffer. JL’DUD UANOS left for Chicago to-night. ills protracted stay here has been in tbe Interests of strengthening his own olllclal tenure, lie stated before leaving that he felt confident that fie would no retained in office, and there Is a strung prob ability that he will not be disturbed, at least until after tbe Custom-Haute esses nave peeu tried. There arc those In official circles, how ever, who think tha; Kangs' tenure Is less stable than bu hlmselt thinks It to be. KX-SUPEUVIMNU AItCIitTBCT POTTER left (or New York this morning. He bas de cided not to retain lieu. Farnsworth or Gen. Drlstow as his counsel, and is now In consulta tion with some Democratic lawver la Chicago, with a view to retaining Dim. Clarkson Fuller wished the counsel to be Democratic. It proba bly is tQe way they practice in Nuw York courts. CATTI.B SHIPMENTS. The State Department hat recently received Information from Great Britain that jhe re strictions against the shlpmeutof American cat tle to England under the new law are not as rigorous os Inferred. The conditions »r* unlv that the same restrictions as to the Imnortatiuu Into England ot American cattle shall be Im posed us arc Imposed with respect to (he Im portation of British cattle Into tbo United States; that is, that the cattle shall bo Insuected ami have a certificate as to tbeir healthfulucss. KEOKUK AND QUOLINOTON. Anv vvm.lfluiu.li lu tbs tuattsrof the effort to remove (ha Fed eral Courts from Keokuk to Burlington, iliruoi Price, from the Second low* District, has tilea a protest with tbe House Judiciary Couimltteu against the removal. Keoguk people sav the Committee has prepared ana will report against the bill to remove, aud that a large majority of tho members will sustain the majority of the Committee. BXONBUATIO. Ex-United States Treasurer Now, who has been charged In some quarters wltn baring tried to Interfere la the Cusev indictment at luUlao apolls, says be bas received a letter from Presi dent Hayes exonerating him from any connection witu the matter. Thu report originated In the (act that New, accompanied by itepreseutative liauoa, Miller's attorney, called at tbe White House ou busiuets, but bad no conversation with the President relative to Miller. oriMO. Geu. Williams, of Detroit, at midnight was out dead, but there Is uu possible cliauce for lit* recovery, Debts beeu lying luacomalose eoudi- Uuo ever since 1 o'clock this morning. Early lu tue day be was aroused ouce or twice to teebui consciousness, but baa recognized no person since, sod will probably die before morning. Telegrams were sent yesterday to Ids fsmliyTu Detroit, notifying tbeui of bU critical coudnloo, but they eatmot artive heie before to-morrow morning, wbeu It u feared It will be tog late to see blm alive. BSNITOK’ CONKLIMO to-day argued In tbe Supreme Court tbe case of a suit for slander Id Alabama against A. T. Stewart tie Cp., and took occasion to use some strong language lu regard to such proceedings