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Chicago daily tribune. [volume] (Chicago, Ill.) 1872-1963, December 18, 1878, Image 1

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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

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