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France-Ko, 16 line delaOrange-Datellere. II.>1*111.1(11. Agent. LONDON, Eoft.-Arnerlcan Exchange, 449 Btrtod. JJXMtv V. QiLLin, Agent. MAN FRANCISCO, L'al.—Palace Hotel AMUSEMENTS. McVlckcr’s Theatre. Madlion itfeeLOttwcen Dearborn and Stale. Engage cicntof the Tltua Opera Company. "Belli of Corse vtlle." Afternoon and evening. Ilavrrly’s Theatre- Dearborn ttreet. corner of Monroe. Engagement of the Berger Family and Sol Smith Humll. Afternoon and evening. Ileolcy’a Theatre, IIUUII, m I Ttnndolrh vtrerr, between Clark and LaSalle. Ea- Basement cl Mlu Fanny Davenport. Afternoon, "Olivia.” Evening, "Ai Von Like It." Academy of Afn«lc. lliHted atreeu between MtdUon tad Monroe. Vs* rlely entertainment. Afternoon and evening. llnmlln'e. Theatre. Clerk itrcet. oppoilte (lie Court-Dome. **Tbe EtieuEtieim." Afternoon end evening. Metropolitan Theatre, Clark itreet, uppoilte Sherman Home. Variety ea< tvrulnoent. Afternoon and ovouinjf. Heretic? Music Hall. No. eo Medlion itrcet. Prof. Cerpeuler’e Lecture* cn Pivcbolegy. _____ White Rtoeltlnff Park. Like ihore. foot of Washington street. Grand Skating Caroiral. WEDNESDAY, JANUARY 1, 1878. EXTRA COPIES of The Tribune to-day, containing tho Annual Review of the Trade, Commerce, sndManufect uree of Chicago, can be obtained in the counting room, conveniently pat up In e'nglo wrappers reedy for mailing, ot five cente each. A large ■apply has been provided for In anticipation of the demand for thie accurate and comprehensive com pendium of flguree and facts relative to Chicago’s business during the year Jnet closed. It is no longer necessary to announce each day tho relative value of greenbacks and coin. Treasury notes and specie are in law and in fact interconvertible and of equal purchasing power. The Resumption celebration at Farwell Hall to-morrow evening is certain to be an affair of genuine interest. It Is safe to rely on a most admirable address by Gen. Gar field, who Is one of the few speakers capa ble of entertaining an audience with the dry topic of finance.' ' A most singular and shocking tragedy was that which occurred at South Byfield, Mass., on Monday night of this week. John H. Caldwell was sent into the presence of his Maker while kneeling in prayer by bis in sane wife, who killed him Instantly with a blow from an az which clove his skull. The Afghan mountain tribes ore not all loyal to tho British flag, os is instanced by tho frequent cutting of the communications of the English troops. It is now said that Kbybcr Pass has been completely obstructed by hostile mountaineer*, and tho invaders have been obliged to send bock a force of Infantry and artillery to dislodge tho enemy. The financial summary for 1878 presented by the London Timet gives a gloomy color 1 ing to the experiences of the year in Groat Britain, by the side of which the people of tbo United States have been enjoying “ flush times.” The failures are by 6,000 more nu merous than last year, credit has been shaken, industries disorganized, wages re* ducod, and operations suspended to on ex tent that has brought many thoasands to actual wont. The Sub-Committee of the Senate Com* mlttce on Territories has agreed upon n number of important changes in the political position of the Indian Territory. It is pro posed to establish a United States Court for the Territory with civil aud criminal juris diction; to make all Indians comprising the Five Nations citizens of the United States, amenable to Us laws, and competent to serve on juries; and to provide for the division of lands now held in common. The First Internal Bovenuo Collection Dis trict of Illinois continues to hold the first place iu tho United States in tho production of spirits. Tho footings of Collector Hab vlt show a total product for the year 1878 of 10,135,502 proof gallons, of which 0,532,001 gallons paid the revenue tax, while 8,002,301 gallons, or 41,029 barrels, wore exported. Tho export trade in alcohol was unusually large, which accounts for tho decrease of $438,300.52 iu collections os compared with those of 1677. It is to bo presumed, from tbo (euor of tbo foreigu dispatches, that the Hritish (ask of rectifying tho frontier of India iaprogress. lug satisfactorily, at least to the English Government. This rectification only in. dudes tho lopping off of some of the sharp corners of the Amcor's dominions, and as nobody appears to stand in the way, the slicing operation goes on unimpeded oven by tho interposition of a sense of right dictated 1 by tho acknowledged codes of international comity. Hut England has reduced the recti. Jication business to a science, and her claim to the exclusive ownership thereof is seldom disputed lu the localities whore it is brought tu bear. Bcmlnlsceucca of the Senatorial contest of two years ago are tbo order of the day, aud uuy information tending to explain why U v. us that u Bupabllcon Legislature was una* Uu to elect a Republican United States Sena tor is considered as having an important tearing upon the forthcoming contest. We print ibis morning the recollections of sev eral Democrats who were members of the Legislature of 1877, and who are able to throw some light on the aituation at that time, aud who demonstrate clearly tbo (act that the man who more than any other is responsible for tbe failure to elect a Be puUlcou Senator is Joua A. Louax. Accord* log to the statements of Messrs. Armstbono, Taylor, nnd ITerringtoji, the chief claim of Qen. Login to tho support of the Repub lican party is his success two years ago in securing the election of Judge Davis. The statements of the condition of the National banks of the principal States of Europe. brought down to Deo. 2, 1878, show the following figures as to coin on hand and nolo circulation. Tho pound sterling is computed at Federal money: A ’atlenal Cotnand bantt. bullion. Clreuloflon. England $110,031,350 $182,287,400 Franco 413,000,000 432.000,000 Germany 121,130,000 145,000,000 Austria.. 74.273.000 140.240,000 Netherlanda C 0.800.000 77,573,000 rolfflom 20,000,000 50,000,000 Russia 111.310.000 078,220.000 Italy 30,003,000 132.330,000 SwitierUml .... ... 7,033,000 13,053.000 The totals are of coin and bullion about $050,000,000, and of paper about $1,830,- 000,000. The coin in the United States Treasury Dec. 80 was about $280,000,000, and in the banks about $30,000,000* The Bureau of Statistics have issued a statement of the excess of exports over im ports for the month of November and for other periods ending Nov. 30, 1876, oom« pared with tho corresponding terms of 1877. Those figures relate to merchandise only t Exert* of expnrlt. 1878. 1877. Month ending Nov. 80.. S 81.987.303 $ 28.110.301 3nios. endlng.Nav.no.. 118.004,084 02,408.377 12 mos. ending Nov. 80. 800,800,744 140,728.020 The excess of imports or of exports of coin and bullion during the same period thus compare: Import*. Export*. $ 081,008 .$ 701,220 Fxeeu. 1878—Nov. 80.. 3877—N0v. 80.. 1878—3 dim, end's Nov. 80. 2, 700,027 1877 Titnoi. end'cNor.OO. 2,720.337 1878— 120109. cmt gNov.Bo 1,317,074 1877-12roo9.end-gNov.rJo 13,884,810 It will bo seen that for the calendar year ending Nov. 30, 1878, the exports of mer chandise exceeded tbe imports $309,300,744, and of coin and bullion $1,317,074. In 1877 tho exports of coin and bullion exceeded tbe Imports $15,834,210. CHICAGO IN 1878. The year which closed yesterday has been one of striking importance in commercial matters, and, of necessity, in every branch of productive industry. Values of all forms of property have fallen in all parts of tho world, largely consequent upon the scarcity and advanced value of gold. The approach of tho date fixed for tho resumption of specie payments, and tho natural apprehen sion that tho Government would not bo able to maintain tho public credit at par, has more or less affected trade. Tho repeal of tho Bankrupt law, and tho crowding into a brief term so many bankruptcies, even of persons who otherwise might have continued in business, has also liad its disturbing in fluence. Our faithful and painstaking commercial editor and statistician this morning presents tho record of the business of Chicago daring tho year 1878. Tho record shows the totals in quantities and values of wbat we bought and what we sold daring tho twelve months which closed lost night. The balances ex hibit a gratifying result, and illustrate anew tho wonderful story of the progressive growth of tho trade, commerce, and manufacturing production of Chicago. For thirty yeors, despite all manner of calamities, war, pesti lence, epidemics, fire, failure of crops, panics, crashing of banks, prostration of credits, and countless vicissitudes special and general, the Oily of Chicago has annually added to the quantity and value of tho merchandise she has received and shipped, and the value and quantity of her manufactures; and also to the expansion of her population, the beauty and number of her buildings, the extent of her streets, the number of her railroads and their con nections. An unbroken scries of annual in crease in oil her business for thirty years is an evidence of her stability, and offers rea sonable grounds for the belief that the city is oven now bat in the infancy of tho com mercial greatness which is to bo hors In tho near future. Tho story of tho growth of Chicago reads like a tale of the imagination. Lot no one fail to read tho statement which in all its details this morning fills such a largo space in The Tribune. From the totalities wo (aka tho following general re sults: The greatest amount of breadstufTs (flour being reduced to grain) in any previous year was 1873, when the aggregate was 08,335,413 bushels. Tbo receipts during 1678 reached the enormous aggregate of 134,850*103 bushels, an increase of 85,030,780 bush els, or of 30.3 per cent over that year. The number of bogs received daring the year was 0,330,050, and the number killed hero 5,138,000. The number killed in 1877 was 8,070,033. The weight of the hogs killed during 1678 was 048,300 tons. Their value was $44,810,000, and the value of the whole hog product was $55,500,- 000. Tho value of the live stock received in Chicago during 1878 was $1)8,400,000, being on increase of $5,200,300 over Isst year, and this notwithstanding tho extraor dinary reduction in prices. Despite the general decline in tho value of all manner of productions, tho increase in tho value of the manufactures of the city over lost year is $23,000,000. The reader can readily estimate tbo increase In the quan tity necessary to warrant this increase in tbo value. Tbo total of the wholesale sales iu 1877 was $270,500,000, and of the like sales in 1878 was $280,000,000. Bememboring tho decline in prices, the reader will understand how great was tho increase in quantities. The values given ore in currency; reduced to gold we have t Wholesale sslcs tn g01d,1878 $277,000,000 Same In gold, 1877 205.100.000 Hbowiug an increase iu coin value of $13,800,000. Tho capital invested in wholesale trade is about the same as lost year, not including tho increase iu the value of the currency. There Is au increase in value of solos of dry goods, $2,000,000; oysters, $1,000,000; and tobacco, $1,000,- 000. There is a falling off iu value of dried fruits, coal, and oils. Under tho comprehensive title of produce is included a large list of commodities which may bo grouped os follows, with the values for the year of the receipts t UrcadstoSa f 71,020,000 Live nock ud,uoo,uoo Provisions, tallow, drcaaed bos U,050,000 Duller, cbesse, bldea, wool 57.0U0.0U) Bavda, potatoes, aalt, broom-corn... 5.820,000 Hay. poultry, apples, 1,080.000 Alcohol 370,000 Miscellaneous... 8,800,000 Total. 1878. Total, 1877... Value la coin, 1878. Value iu cum, 1877.... ... ( .m loercaao la value „,..$ 14,850,000 Goal, lumber, and fish are not included in these figures. The total receipts of lumber (not includ ing shingles and lathi during the year were 1,171,004,000 feet. We have only indicated a few of the facts of which tho full details are given in the THE CHICAGO TRIBUNE: WEDNESDAY JANUARY I, 1ST!)-SIXTEEN PAGES. General Rnview, of which wo earnestly invite a critical examination, satisfied that no person interested in thin city will fail to be compensated for the time given to snoh ex amination. The general summary of the year’s trade may be thus stated: Produce .. .. Wholesale.... Manufactures Totil, Deduct for tnannrtctnre* Included In wholesale 74.700,000 Grand total, 1878, Grand total, 1877 Increase la mine, 1878 $ 83,300,000 Total. 1878, In coin. Total, 1877, In coin .... Increase to coin valne The average decline in prices einee a year ago has been about 17 per cent. In the computation of quantities, as well as of the wines of the merchandise produced, re ceived, and handled, is given an instructive illustration of the general increase of trade, which, despite this large reduction In prices, foots op such a liberal increase in the values. Altogether, our merchants aud onr mechan ics and onr people generally have reason to be prond of the record of Cntc.tao in 1878. THE OLD YEAR’S HISTORY. The year which has just closed has not boon marked in the New World by sneh mo mentous events as have occurred in tho Old. Tho story in a brief one, bat it is nevertheless promising for tbe future. The great strug. glos of tho year in the United States wore to prevent the remonetization of silver and to force tho repeal of tho Resumption act. Both straggles have closed with aviclory for honest money. After seventeen years of in flated paper currency, silver is remonetized, and to-day wo return to specie payments and are thus rolayiug solid fouudatious upon which to baso our prosperity. Tho people substantially ended the controversy in the fall elections, m which tbe North returned hard-money Republicans to Congress, while the South sent in solid Democratic delegations to swell the ranks of tho Bourbons by her favorite meth ods of bulldozing, ballot-box stuffing, intimidation, and mnrdor. With the restora tion of a solid currency, many air-castles have vanished, end business that was con ducted upon rag-baby principles has suffered tho fate of that swollen and inflated humbug. In addition to tho reassuring effects of these great victories, the repeal of the Bankruptcy bill has done much and will do still more to reanimate the business of the country by re-establishing business credit. With all this, the crops of grain in tho North and cotton in the South have been unusually abundant. The earth has been lavish of Its wealth, and bos turned it into the channels of trade, ex panding commerce, providing labor for tho unemployed and blessing tho hus bandman, though least thankful, as a rale, when most blessed. As the natural re sult of these concurrent causes, the channels of trade which were so stagnant and choked up a year ago have been cleaned out, and the streams of prosperity slowly but surely once more begin to ran through them. Ex ports are rapidly increasing. Manufacturing begins to look up again. Capital, warned by the experiences of the past four or five years, seeks now investments of a solid char acter, content with small dividends. It has aided this general business restoration that, while we have been through a very impor tant political campaign, the country has boon comparatively free from excitement growing oat of sectional strife. What time in tho year tho North was not engaged lu preparing the way for a revival of business it devoted itself with tho warmest sym pathy and most noble charity to tho re lief of the South, smitten down to the earth with tho ravages of tho yellow fever, and while upon this errand of mercy It Is not too much to say that North and South wore brought closer than they have been at any time since 18G0. With tho ex ception of tho fall elections, tho most im portant political event of tho year has boon the Investigation sot on foot by the Demo crats for partisan purposes, which after months of tedious progress and barren re sult finally paved the way to tho disclosure of tho astounding cipher dispatches and laid the burden of fraud at the door of the bogus reformer of Orameroy Park. In our neigh bor's affairs tho only events of interest have boon tho political crisis which returned Sir Joun Macdonald* to tho bead of tho Gov ernment, the retirement of Lord DurrauN, and the triumphant entree of Lobhs and Louise. In tho Old World momentous events have occurred, nearly all of which ore directly or indirectly connected with tbo close of the Turko-llussian war which crowned Uussia with victory over her old-time foe, ond ex tended her dominion both in Europe and Asia. The war and its Eastern complica tions have been the overshadowing Isaacs in Great Britain, and have so fur dominated politics that parties have divided daring thj year only upon tbo question of tbo Govern ment's Eastern policy. As one of the re sults of tbo war, England bos acquired Cy prus, and by private treaty with Turkey has established o conditional protectorate over Asiatic Turkey. The invasion of Central Asia, pending the war, by the Itussians, as a military precaution, so exposed tbo weakness of the northwestern frontier of India os to lead to a war with Afghanistan for Us “ sci entific rectification,’' and that war, though still progressing, is substantially closed In the English favor. The only other noticeable event in Great Britain is the paralysis of trodo and commerce which still continues. Disastrous bank and commercial failures, the closing up of the coal mines, iron works, and cotton and woolen mills, the general reduction of wages, the tremendous falling off of exports, and tho thousands of work men turned out of employment, ore the sad features of the English panic. The year bos closed with Baisla victorious and Turkey humbled and crushed. Bussla has regained her Bessarablau territory in Asia Minor, besides bolding in reserve a heavy mortgage upon Turkey in the shape of on indemnity which she may foreclose at her own option. Bho has also released and freed Bulgaria, Bosnia, Herzegovina, Har ris, and Montenegro from Turkish rule, and mode tho other provinces which have heretofore been under the absolute rule of Turkey semi-independent. Tbo record of Turkey during tho year is in* jplved in the record of Bussio, and tho New Year finds both nations busily engaged with their internal affairs—the one ostenta tiously tslking of reforms which will never be accomplished, and the other using her authority and power to put down social up risings of an alarming character. All that has been of interest in Austria also grows out of the war. By the terms of the Treaty of Berlin and at the especial desire of England, she has occupied Bosnia and Herzegovina, after an unexpectedly severe resistance, and her occupation may be considered as perma nent. Tho political policy of the Govern- .$210,700,000 . 212,100,000 .$218,000,000 . 203,150,000 ment has been to reconcile tho Hungarians, who feared tho preponderance of tho Sclavio element, to this event, and this has at last been almost entirely accomplished. Tho struggle with Socialism has been the marked event of tho year in Germany. After seeking the life of tho Em peror, tbe Parliament was dissolved and now elections were ordered which rcsnlled In giving Bismarck such n workiug majority that ho succeeded in passing a strong anti-Soclalist bill which Is now being rigidly enforced. Franco has boon happy and prosperous, has had a successful Exposi tion, and has been the roost peacefnl and quiet of all tho European nations. Italy lost her venerable Pontiff, Pius IX., and her King, Victor Emmanuel, and In their chairs now sit Leo XIII. ami Humbert, though tho Socialist aesnnMn has sought tho Ufa of tho latter—for what reason is not apparent, ns ho is more liberal in his views than his father. .$2in.70n,000 . 280,000.000 . 280,000.000 .5720,700,000 .§033,000.000 . 021,500,000 .8030,000.000 . 393.000,000 .$33,000,000 Having narrowly escaped a rapture with Austria by tho radical de mands for tho annexation of Aus trian provinces, sho is now engaged in trying to settle her local political agitations. Spain has lost her young and beautiful Queen Mercedes, and Ift tho very shadow of her death n Socialist assassin attempted to kill tho King. Staid old Scandinavia and the phlegmatic Netherlands have been quiet, and are at tho present time principally en gaged in strengthening their Constitutions and Governments.- Undoubtedly important events hnvo happened in tho isles of the sea and the uttermost ends of the earth, but they are of littlo conscquouco to tho rest of tho world. While tho Old World is in a state of po litical and financial unrest, tho Now seems about starting on afresh era of prosperity and happiness. Tho clouds aro breaking away, and in tho glad nnnsbine there is no reason why wo should not push on with renewed courage, each man and tho nation, in tho paths indicated by Divine Prov idence, bo that when another Now Year dawns npon us wo may look baok with thankful hearts over tho post. Though each of our readers is but a small part of tbo great world whose retrospect wo have boon examining, it is in order for Tim Tribune to wish him a Ilappy New Year, and to extend the hope that wo may meet him again in X6BO. NEAL SOW ON PROHIBITION. Mr. Neal Dow, tho inventor and founder of political Frohibition, has come to tho rescue of bis pot measure to cure intemperate people by force, and restrain the appetite for liqnor by tho agency of tbo policeman and consloblo, and replies to recent articles which have ap peared in Tns Tciookk criticising his system os compared with tho more practical plan of moral suasion. As Neal Dow is the father of political Frohibition, wo are warranted in looking to him for some strong arguments in its favor, and for some definite statements of groat results. Wo think, however, It will bo tho universal testimony of thoso who havo read his reply, which was printed in The Tbisdkb of Monday, that they ore disop* pointed in both directions. Instead of a vigorous attack upon moral snasioo, he mokes a labored and barren defense of Pro hibition, and, like all men who ride hob bles, ho stigmatizes every other agency for tho spread of temperance oa a failure. It will surprise tho thousands of temperate Irishmen in the large cities of this country, who still keep up their Father Mathew or ganizations and march under his banners on ovary holiday, to leant that his Agitation was a dead failure. Father Mathew's gospel of love and peace Is as old as Dow’s gospel of force, but who marches under the banners of Prohibition? It will sarpriso tho thou* sands who have been induced by tho ogonts of tho many colored ribbons to abandon in teroporonco to loam that tho ribbon move ment will “ end in smoko." It will sarpriso tbo thousands more who havo been rescued by Brother Moody’s entreaties and warnings to learn that moral suasion can accomplish nothing unless it is accompanied by force, as if thoso two agencies could ever bo made to work together! 4 ‘Father Mathew’s agita tion was a dead failure; and his statue stands now in a small square in Cork sur rounded on every hand by grogshops," says Air. Dow. When in tho course of naturo Mr. Dow dies, there being no prohibition against death, and his statue is erected, in what city whero prohibition has been tried can it bo placed that Its shadow will not fall upon a grogshop ? The little defense that Mr. Dow makes of Prohibition is invariably in tbo naturo of an apology. Wo aro told that the statutes for bidding the trofilo in llqnor ore not satisfac tory because "bills aro usually drawn by lawyers, and tho Bor generally is In favor of grogshops,—they aro tho groat allies of tho law shops,—and it is very easy, by the addition or omission of a comma or a semi-colon, to change the whole meaning of a section of a law so os to render it practically inoperative." Passing by Ibis unnecessary and malignant attack upon the Bor, would it not be better for Mr. Dow, or some of the intelligent leaders of Prohibition, to draw up their own bills and thus rescue the perishing thou sands f If the improper use of a semi colon has stood In Mr. Dow's way for tbo past quarter of a century, would it not bo better for him to adopt tho unwritten law of moral suasion, which needs no semi-colons? The Bar having been sufficiently abused, we aro next informed that tho small effect of the low in Connecticut is owing to on emas culated law, and to tho malign lulluoncos of Yolo College, its groat medical school, and tho Now Haven pulpit! If, thou, the legal, medico), and theo logical professions, and one entire po litical party, besides the largo majority of voters in every town and oily, are opposed to Prohibition, we ask Neal Dow in oil sin cerity how he over hopes to enforce it? If, after tweuly-flve years of trial, with every agency of the law lu his bands, ho con only say that m bis own State, where tbo idea originated and is most popular, that by and by they will have power to enforce it, and that at present "It Ungers secretly in the larger towns and cities,"—and those towns and cities it should bo remembered have a native population, not a foreign one accus tomed to drink from youth up,—wherein does the success of Prohibition lie ? Tho value of auy agency of reform Ilea la its practical results. Tbo advocated of moral suasion can lay their bands upon tens of (boa* sands whom (bey have rescued from the evils of Intemperance. Can Keal Dow point to a single person who boa been reformed by Prohibition? There is no difference of opinion between Tub Chicago Tbibvvb and Man. Dow on the evils of intemperance. It recognises them as fully and regrets them as keenly as bo. Ho bos no need, therefore, to cite the opinions of Wesley, Lord Cuesteb* field, or Dr. Leeches as to intemperance, for Tub Chicago Tusros bos the same. Wo differ with him, however, os to the methods iof arresting the evil. Moral suasion and prohibition cannot work together, became ono minifies tho oilier. As between tbo two, The Tninusa advocates moral suasion, bceatiso it believes It td bo the best, and it believes it to bo tho boat because It sees definite results for good growing out of it, wlnlo not evon upon tho showing of Neal Dow himself can it sco that Prohibition prohibits. WATTERSOITB *'fiOLlD BODTH." Much is written in tbo burry and bustle of a daily newspaper which would have been left unsaid if more mature consideration could hnvo been given the case in hand, and ronch is excused on this account which would bo inexcusable nndor different circumstances. Hut Mr. Henbt Watt boson cannot plead this fact in extenuation of tho exaggeration and intemperance which charnctorizo his article on tbe “ Solid South " in tho current nnmber of tho 2forth American Jictiete. That peri odical is published only ones every two months; its very title implies deliberation and fairness In tho discussions conducted within iU covers. In contributing bis views upon the political relations of tho Southern and Northern people, then, Mr. Wattbrson had a very different task from that of writing an editorial for tho partisan and sectional readers of tbo Courier-Journal Unfortu nately ho seems to havo misconceived tho scope of tho unoortaklng, and his rovlow of tho situation Is merely a rehash of the articles ho had already printed in his daily newspaper, and in port a literal transcript from portions of his editorials on tho samo subject. Tho review in question, therefore, throws no light upon the sectional dangers threatened by the solidi fication of politics on a sectional lino, unless it tench that tho soctionalista of tbe South, judging from Mr. Watterson’s example, aro os obdurate end hot-headed after deliberation os they aro in tho boat of a bitter partisan or newspaper controversy. Ur. Watxehson starts off with tbo osacr tion that “ Tho * Solid Sooth ’is a reaction against proscription! attended by misgovern* monty and a protest ngaint tho ever-rccarriag monaco of Federal interference.” Tho force of this statement is considerably diminished by tho fact that tho South was “solid” in the sense of sectional animosity toward tho North long before there was any Republican party down there. It was this sectional “solidity" that led to tho organization of tho Rebellion and the precipitation of tho War. Tho present tendency of tho Sonth to nnito upon a sectional lino for po* liticol anil social supremacy is only a revival of tho spirit which prevailed during Uio days of Slavery, which was dor mant only whilo tho equal rights of all wero protected by tho laws and policy made necessary by tbo process of reconstruction, and which has been permitted to reassert itself only by the unparalleled magnanimity of tho North in restoring full citizenship to those who songht to break down tho Gov ernment, and in giving the South fall representation in tho General Government, as well as complete control of its local affairs, boforo tho extinction of tho men and sentiments which led up to tho Rebell* ion. This historical fact fully disposes of the theory that tho present attitude of tbo South is tho result of any mistakes or abuses made by tho Republicans while (hoy were in the control there; indeed, the only respon sibility which the Republican party has in tiro matter is that it voluntarily extended universal amnesty, and citizenship without sufficient assurance that the old-time section al hatred and race prejudices bad been con quered. Tho animus of tho South could not bo hot- ter illustrated than by Mr. Wattecson’s own apology. Ho charges that tho loaders of the Republican party “ confiscated more prop erty and impoverished more non-combatants than over before submitted to tbo hazards of war." This breathes the spirit of rovonge on account of the exaggerated sense of wrong felt for tho defeat of an attempt to brcolt down the Government. “ Confiscation of property" and " impoverishment of non combatants," as used by Mr. Wattehso.v, can only refer to tbo emancipation of slaves; and If ho has not yet outgrown tbo idea that tho War could bavo been fought and Uio Union saved while still recognizing tho right of property in human beings, (hero 1s little hope that ho will over progress beyond tbo present narrow-minded and intemperate con dition of tho native Southern whites as a class. There is littlo wonder that a man who still cherishes resentment for tbo logical outcome of tho South's own folly Is ready to ezeuso and justify the solid- Iflcotion of the Sooth in tho ef fort to disfranchise tho blacks and to gain control of tho General Government for sectional and class purposes. " Tho wonder is," soys Mr. Watxxbson, "not that there has been so much bloodshed at tho South, but that, under tho circumstances, there has been no little." There could scarcely bo a more frank avowal of tho disposition of tbo Southern whites to dominate by force and In violation of the Constitution than is con tained in this single sentence. Wo may pass over as a characteristic con ceit Mr. Wattkbson's contrast between South ern statesman of the ante-War times and the politicians of tbo. North, but wo must pro* test against tho Intimation that tho men who now control tho drift of Southern sentiment aro not tbo same as those who brought on tho Rebellion. The Congressional lists from the Southern States, since those communi ties have become solidly Democratic, toll a different story. Tho men most active in the RoboUion aro tbe men who now come to the front and direct pnbllo opinion. They bavo Imbued, and are still imbuing, tbe now generation with the same sense of supe riority, the same sectional boetUity, and the some prejudices and Intolerance that formed so large a part of tho conditions that led to secession and the War. Tbe ez-Confederate titles that figure in the Senate Chamber and tho House of Representatives; the univer sal roverenoo paid in the South to those who were chiefs in the Rebellion, unless they have since counseled moderation; the viciousness of tbe Southern press; the dis position of even the young men to follow in tbe footsteps of their fathers,—ell contra- Uct Mr. Watteosom in this regard. Indeed, he himself affords an apt Illustration of the iuscourocy of this theory when ho addresses himself to tho Republicans of the North la the following terms: You seek oo peace. You csre nothing for the negro, freedom of speech and the security of hie and property are. the last things wbicb you would have estabtlsbed In tbs Houtb. Your aim la continued disturbance, on walcb you bup« to trade and derive a profit. \uur game uto goad ua into Ibe imprudent utterances of outraged manhood, for years you levisisted against ua. for years you have maligned us. You loso uo opportunity to Insult us. Well. If the North can stand It, lbs bomb can. Tna present generstioa of tfoutbera men Is nut responsible for blsvery, or tbu War of Secession. Ns irly all of the active leaders of tbo South were obscure young men when ibe War began. To# leaders who are coming oo were In luelr cradles. In all that con* stitutesgood government, the government of tbe people, we are cuuslly interested wilb you. In private virtues, as in public spirit, ws claim to le at least your peers. As fur you,—the llsdlcal leaders of tbe KvpubUcau parly,—who would re* klivlle'the smolderlnx fire* of nn «lmo«t r*tin (MiUtieil sectional tnrr.—we inako no of ourfcolina toward you; wc dote*! nnddlitriift you; detent yon for your mean puraullof its: dl?tru«l yoa for your iyi>ncrl*y and corruption. Ycm alone, amon? American*. have caused tho check of honent Americans to bltioli for tnrlr country In every part of the world. Yon alone, mountebanks and mallimanli that yon are, have driven onr flag from the seas to convert It on the land Into a drop.cnrtaln to conceal yonr machinations against the liberty and peace, the prosperity and fair good name of a section of vour countryman, sprung from the same origin as yourselves, nmrhaving an equal right to share with you the glorious achieve ments ami the birthright of nor fathers. If yon are able to drag yonr nclghoors, a majority of the good people of the North, down to your baseness, to poison their very blood with lies, and to array them “solid” against us in the lino of an Insin cere, proscriptive charlatanism, solicit. We wash onr bands of the consequences. Wo think it will bo evident to every im partial reader of Mr. Watterson’b paper that his purpose is rather to justify iho solidity of tho South than to assist in tho cffacomcnt of sectionalism, and that his counsels are calculated to widen tho broach between the North and South politically, socially, and commercially, with a reckless disregard of the consequences. THE SUPPRESSED DISPATCHES. On the 6th uIU we published in our Wash ington correspondence an extended interview with a gentleman familiar with the subject df kid-glove importations. It threw much light on tho operations of tho kid-glove ring of New York City, lint it lacked some de tails essential to a complete understanding of tho subject in all its bearings. Our Wash ington correspondent now supplies these de tails. Wo beg to draw especial attention to his dispatches to be • found else where in this issue. We tnay promise by saying that tho facts in regard to tho kid-glove controversy communi cated by our correspondent this morning wore furnished to tho Now York Associated Press some days ago, but not a lino on tho subject has boon published in New York City, or boon sent over tho wires from there to tho press of tho country. In a word, it has been suppressed. Dispatches that are suppressed are usually interesting. Wo think tho readers of Tire Tribune will find these dispatches particularly inter esting, since they show precisely how honest American merchants have been systematically robbed of trade and the Government of its revenue by n ring of for eign manufacturers. Tho revelations to which wo invite attention consist of tho re port of the Special Treasury Agent detailed to investigate tho subject of kid-glove im portations at the port of New York: (1) He places the undervaluation at an average of SO to 30 per cent on oil consigned gloves, whether of kid or lambskin. (2) lie de clares that tho entire business of kid-glove importations is controlled by foreign manu facturers. \J\) Ho assorts that the competi tion of commerce, so far os It relates to kid gloves, no longer exists, but that, in place of this honest, honorable competition, there now exists a competition among under valuers; that these, being mostly commis sion agents, roly upon tho amounts they save (steal is a better word) from tho duties to pay their commissions, and that they hold ont their ability to do so as an inducement to secure consignments. The Special Agent's first point is to tho effect that the late advance of the Collector and General Appraiser at Now York to 40 francs is not sufficient to cover tho existing undervaluation. If his evidence proves any thing—and it appears to be conclusive —it proves that tho first-quality two-button kid gloves are worth in Paris at least C 2 francs.. His second point U'to'tbe offoetL'thotAmeri can merchants have boon driven from an entire branch of trade; and his third point is to tho effect that this result has been ac complished by lying and false swearing, (i) by tho foreign maonfaotnror before the Consul, and (2) by the consignee here before the Collector of Customs. Tho report opens with these conclusions, which are amply supported by the exhibits and evidence appended thereto. Tho report contains a table including the names of twelve foreign manufacturers of kid gloves, the place of manufacture, tho names of their consignees in this country, and the prices at which they invoice their goods. Of those twelve consignees ton ore in Now York and two in Philadelphia. Tho ten New York consignees have boon in tho habit of roooiv log their gloves invoiced at 42 francs. The two in Philadelphia pay respectively 54 and CO francs per dozen for tboir gloves. The Special Agent shows very clearly that be tween tho 42-frano glove and the 54-frano glove of Philadelphia there is no material or foreign market difference in value. This, again, shows that the late advance to 49 francs In Now York is insufficient. Tho Special Agent shows that tbo under valuation on kid gloves in Now York and elsewhere, when consigned, extends to all qualities. Ho states that about Fob. 1 lost tbo Appraiser at Philadelphia submitted to tho New York Appraisers five samples for their appraisement, with tho following re sult: rOREIUK MARKET TALUS 71XED ST VXtTEO STATES AITUAISEUS AT NSW TOUK. A*a, of sam ples. 1 „ 24 francs. 2.. .. 14 marks. U 27 francs 4 .10 francs. 6.. .... 24 francs. ACTUAL rOBXIUM COST AMU HATS ON WHICH IK'TT WAI AtAKMXD AND COIXBCTKp. AT I'UILAUSI.* imiia. Xo. 0/ «am* \ pltt, DUeount, 1,... HO franc* 10 percent. 0 11l W-100 mark* npercenl. .'I M trance .... Bpercent. 4 6U franc* ttpercunl. G .... francs. This table, 'vritU its mooatroui differences, shows that the Appraiser ia charge of the kid-glove dopartmont at Kow York is utterly ignorant or hopelessly corrupt. Oat If bo were neither tho one nor the other, it Is easy to see how this state of things might exist. Tor, were he honest and acquainted with the true value of kid gloves, tho advances he might make would be sworn away by the ring of agents of foreign manufacturers call* cd to testify on rcappraisemenU. We have not space to review In detail this admirable report. It is sufficient to say that It sustains every allegation heretofore made by Tub Tkiuunb touching the kid-glove ring of New York. We bespeak for it a careful perusal by all who desire to see the frauds exposed and tho rascals punished. Who shall be elected Breaker of the next Wisconsin Assembly U a subject that is htlog considerably discusseu by the Wisconsin Repub lican newspapers.'The choice seems to He be tween Mr. Kelley, of Brown, and Mr. Oar tbh, of Grant, bgth old members of the Legis lature, and either of whom would make an able, dignified, and efficient presiding officer. Ur. Kelley was President of the last Republican State Convention, and Mr. Carter was ten dered tbo nomination for Attorney-General by tbo Convention, but declined on account of professional business. These gentlemen seem to be oeck-sod-neck In the race, and, If either of them ischoscu Speaker, tbo Assembly will bo sure to bare an excellent presiding officer, Mr. Carter will be somewhat handicapped In tho race by tbo fact that bis county (Grant) has already furubbed the Speaker for threo sessions lu the persons of tbo lion. J. Allen lUmiRH ono term, nnd the lion. W. W. Ftm,n two terms, which may decide theense atrahmt him. It Is possible also that the choice nmy be hedged aixuit to some decree hr the preferences which Messrs. Keli.it and Carter entertain for United BUtes Senator. Mr. Kbllbt, helm; a resident of the same city with Senator Howe Is supposed to fiftor that gentleman’s ro-clcc tlon. Mr. CARTBR’*i;cholce Is not known, al though the principal Aconblican newspaper In his county, the Jlernld'h vlaoronsly opposing the clectlop of Col. Kins. But that may make no difference with Mr. Carter. In the Senate the presiding officer Is the LlcuUnant-Qovornor, the lion. J. M. Binoium, of Chippewa Falls. The Chief Clerk will probably bo Mr Grarlis E. Bross, who filled the position last year to irroat acceptance. For Chief Clerk of tt« As sembly John E. Eldbkd, of Milwaukee, aetm ß to bold the Winnies cards. The Washington ro*t Is scandalised at the thought of a monument being erected to the memory of' Maj. Andre at Ttppan, Now Tork, who “ was caught as a spy, tried os a spy, and executed os a spy.” He lost his life In trying to assist Benedict Arnold to complete his treasonable design to surrender West Point. 11 Tho Washington Monument is an unfinished and unsightly pile of stones,” growls tho Poif, “ and hundreds of bravo officers of the Revolu tion steep In unmarked graves.” But the I*ost must keep cool and not gush In that way. Let it remember that such faults as Andre’s are now more easily condoned than they once were, and that hundreds of others who did a thousand times more than he in their attempts to assassi nate Liberty arc now among the honored men of this nation. Let It remember, too, that one of tho finest, most beautiful, and most expen sive monuments in the United Stales to>day stands In tho South to commemorate,—not the memory of those who fell to preserve this Gov ernment, but tho memory of those who sacrificed their lives to destroy It,—white ‘‘the Washing ton Monument Is an unfinished and unsightly pile of stones,” and thousands of Union soldiers sleep in unmarked graves. If Roosrt E. Lee and Stonewall Jackson bad personal merits that outweighed their treason and justify their friends In erecting monuments to their memo ries, why should nut Andre’s friends do tho samel Mr. TnußMAN’fl idea, that “ properly. Intelli gence, ami respectability ” will control things, is not Indorsed by the Coiambus (Miss.) Jmle paideut, which asserts that the Senator’s propo sition Is only liuo when applied to the white race. It says that “ Northern Democrats roust rccostnlzo that no quantity nor quality of edu cation or legislation, or both combined, ran make the black romt the equal of the white, and os long as two races dwell together, the superi or will, in one way or the other, manifest ami maintain Its superiority.” That Is all Very true, hut the capacity of the black to become the equal of the wblto is not the dlsontc. The point Is whether the black man shall bo pro tected In the rights which the Constitution and laws guarantee to him, and whether the South ern white man will respect those rights. Not long since, Prof. Morton published an article on the electric light, in which he took the ground that holders of gas-company stock need not be frightened at any discoveries that might be made. Thu Professor now suggests, that the future light lor the million will not bo electric, but phosphoresccut. lie says that a cheap compound of yme and sulphur has thu property of absorbing light by day and giving It out at night,—a sort of light-phonograph, as It were. Who knows hut that the time will come when a little whitewash on the walls of our dwellings will radiate all the light we need, and gas, kerosene, electric, and other sort of slock will not bo worth aUg I Mr. Edison, you are a little late. Anothergood man golngwromr. This time It Is Congressman Riddle, of Tennessee, 110 lias been a bard drinker and Is now on the verge of lunacy. Before his election to the Forty ,filth CkflwfWh he.. Ilfhi.the position of Master of Chancery m his State, and In cltectlng a solo ot property accepted somo funds to the face value of s’.*,ooo which have proved worthless, and which Riddle Is being pressed to make good. He Imagines that bo Is looked upon as a defaulter for this reason, and also that bo wilt nut live long. This trouble and his Intemperate habits have so undermined his health that bis friends ore much alarmed about nim. Tho widclv-circnlatcd story that Wad* Hamp ton shot and killed Col. Cambuon, brother of cX'duootor Cameron, of Pennsylvania. Is now denied by one who was present. A member of Cameron's regiment says he was present at the battle of Ball Kun and took part.la It. lie saw Col. Cameron fall. He was not taken prisoner and ho was not unarmed when ho felt lie stood beneath s tree near the crown of a slope over which the regiment had charged. He had a largo revolver in each band, and was urging his men to bo steady. There was a slight difference in the tempers* tnre between Chicago and Ban Francisco on Christinas Hay. On the night before Christmas too editor of tbo JJuUttln wrote: ‘‘The white lilies are now in order. Tbe frost has touched them hero and there, but thousands of pure white lilies will bo gathered from open grounds near tbo city during tho present week. Camel lias, too, which were once so rare, are now ss abundant as rosebuds." Pleasant reading when tho thermometer Is at 10 below. A valuation was recently put upon Information ss to the commercial standing of merchant* tu various rule*, by thu salo at auction of the Pooka of s commercial sg'ucr. The book* relating to the merchant* of I'uuuurg and Baltimore told for about $U each, those relating tu Boston brought higher prices, vvnlle noon* seemed to cars much about thu reported standing of merchants in Chi cago and tit. Leals. and the rivals of the Wsst sold st 81 a volume.— JCxchangt. Of course; Chicago credit bolog unquestiona ble, they needed no books. Boston’s credit re quiring constant watching, tbe books brought higher prices. JHieount. 10 per cent. .Nut. .10 tier ceot. .10 percent. ,10 pur cent. Mr. Perrt H. Smith U homo Iron Europe, and explain* the Florida cipher business lu a way that, perhaps, needs some explanation. Fbhrt comes homo quite enamored of Gen, Grant. Ho traveled with the General In Spain, and was greatly pleased with him. The Ucn* oral was a superior gentleman socially, and Mr. Burnt was obliged to undtrgo a radical change lu Ids opinion of the ex-Presldeot. “ I think,” said Mr. Smith. “ the chances are ten to on# i will bo a Grant man." 10 per ceni. Concerning the versatility of Qsorob Eliot's late husband, Qeouoe Henry Lewes, the Lon don IKur’d declares that ho was the most many sided man fn London. In addition to befnir the profoundcst German scholar among English men, Thomas Carlyle not cxceoled, Lkwbs was a philosopher, savant, biographer, dramatist, critic, and novelist. He was a strikingly homely man, but a brilliant wit who adapted himself to his company with perfect ease. Sirs. Hayes' photograph sella better than any otber notable iu Washington, which shows mat must people who buy photographs prefer hers to her husband's. Of the Senators, Blaise's sells better than any other. Lauau stands next. _ The Madison Journal says that tbo war cade “Old Abe" baa earned $50,000 for dlffrrvat societies where he has been exhibited as a curious relic of tho Rebellion. The bird is now on his way to Boston to attend a festival. Our New York namesake labors through a columu article to prove that Perry 1L Smith is not tbo “Perl 1 * of, the dpber dispatches, •feu to one, however, that Perry knows more about tbat business than the Tritnua wad. Tbe man who named bis infant aon Joan Wilkes Boots la as big a fool os tbe Wisconsin Copperhead who christened his boy JxmusoN Davis lu the dark daya of Ibcid. Judge Bryan, of Washington, who has been favorably mentioned In connection with the Berlin Embassy, was a resident of Chicago for