Memphis Daily Appeal from Memphis, Tennessee • Page 2

saatasatas MEMPHIS DJLJUY APPEAL--THURSDAY. JTJ3L.Y 1879. vl KMPH1S3 APPEAL BY AY KEATIXs leroa of Dally Weekly DAILS I Ose ocjy, oue yr, by mu alo om Co six oy irttill JJ DSblyj, one inunih, by mall 1 JJ Go rr, one week, in city WK.KXLY i 0 1 boj, one row Ju Ui aoiy, moniiia. 1 Bates of sTlnt t.iaemon, it ...1 On lj j- juuDl uiaertioiia, AO oild nunuarell makes one square, is lines nake one Icon. Los-d Noilcsa are tweutv cants par line urs.

lnset- U1, Q.teen ceQU per lil.tr Ir wek. ik, etc, are txu cent ptr hist Insertion, and tte cants per line each sr.l aoint insertion. and 11 arrive Funeral notices and iituoilee are charged at r--KUlar talaa. nut accept any MTerllsemeni to follow read- runner. Con trlbatorn and Cnrrespondenta.

Wo.1l-h icviers aiia coiuuinaioaUouB apou nub'ect. n'il lnt t'J mrai always be ao-wnianled by a reetoislble name. papers uuttueri livm one postoElce to vHbtsr, vne names oi uow postouioea suuuiu vi given. 6 ALL WAY 4 KEATINH, tf C. 3A1AAWAT, i 22 Second aueet, kti.

ynuioi. Term HEHI'IIIS APPEAL THUKSOAi, JULY 10, 1879. TMK MAM OLU hTOBY. Foriy years ao the sopthern newspapers undertook to impress upon the people of the south the importance of ending more extensively in the manufacturing of everything consumed by our people. The arguments then originated and advanced have been repeated a thousand times since.

Indeed, they make their appearance with the regularity of the seasons. The old argument in favor of southern manufactories, acd especially the extension of cotton manufactories at the south, caa now be found in nearly every southern piper. Wo do not know that this is objectiouablp. It is true we have had talk enough on this subject. It has exhaused.

But it is only by iteration a ad reiteration that the great currents of public sentiment are set in motion. It was agitation and iteration that secured the abolition of slavery. The New York Herald, in justification of its occasion at iter ation or a single question, says: we neve hesitate to keep pressing the same topic until we secure for it the attention it deserves. On subjects of the first magnitude we regard it eration as a duty, and. like the ancient prophets, we 'cry aloud and spare not, until 'the public conscience is fully awakened.

Of course the torpid and especially the flippant part of the community regard such unceas ing trumpet bla.sU as a tiresome bore, but it is only by such iteration 'it is only by unflinching tenacity of purpose that a drowsy public is ever brought to recognize its interest in questions of supreme importance. And again the Herald says: ''When a great reform begins it is like delivering the blows of a sledge-hammer upon a solid stone. The first blow accomp.ishes nothing; it is only by a long succession of blows, delivered on the same spot tfcat the stubborn stone at laat yields and is split in fragments." Imitating the example of the Uerald, the Appeal, for nearly forty years has persistently reiterated its Views in regard to the importance of establishing manufactories in the south, and we are rejoiced to see that nearly every southern newspaper is engaged in a discussion of this vital question. The last Trenton Uerald has an article of nearly tw columns urging the propriety and feasibility of erecting a factory at Trenton for the manufacture of plain col-ton goods. A public meeting was held at Trenton' on the third instant, which was largely attended, and a movement maugu rated which will no doubt result in tu wtu- mg of a large cotton factory.

Often has the Appeal demonstrated that it was the trja policy of the south to plant cotton mills in the midst of her cotton-fields. Important savings would thus Le made, both in the transportation of oir material aud the finished goods. The first cotton mill buiit at Atlanta, Georgia, was pat in operation on the fourth of July, and in congratulating the southern people on this renewed indication of prosperity, the Baltimore Sim shows that in plain cottons and the lower grades of woolen and mixed wool and cotton the southern mills already established have done well. The Georgia mills, especially those on the Chat tahocbee river, have been very prosperous for years, and even during the last five years, while too New England mills have loeing money from theehrickage in values, made large profits. The same may be said of the mills at the Augusta and South Carolina railroad, fifteen mil as from the for mercity and five miles from Aiken.

Indeed there has been no instance where cotton mills at the sjuth, under good management, have failed to pay largo dividends to their stock holders. For some kind cf cotton goods the south ii not only beginning to supply her own people, but is pushing northward to compete with New England in ber own niar-kut, und has made some experimental exports to Europe. The gocdi cf the Mississippi Wesson mills are in demand in New York and Boston, and they tore ctT honors at the Paris Inhibition of 1878. The south can manufacture certain kiuds of goods more cheaply than at the north. The reaion is not far to seek.

New Eoclnnd has to carry her raw material to her mil's, fifteen hundred miles distant. The south sets her mills in the midst of her cnt ton-fields, and thus saves the difference between the cost of transporting the raw material and that of the same mate' rial when manufactured. She saves also the charges in commissions to factors and middle-m3n, while her operatives in that climate cm work for lower wages, because tho cost of living lower; and there is a further gain to the southern mill-owners in the fact that their operatives work a greater number of hours weekly than they do in New England. In this connection it is interesting to note that tho Augusta, Georgia, cotton factory for the fiscal endtd fourteenth of Juno lat paid a dividend of eight per cent, on its capital stock, after psjiug for repairs, taxes, etc. Its grotts earnings for the year amounted to 112,111, and tbr company has now placed to it profit and loss account 267,157.

The bonded debt of the company was also reduced during the year. During that time 11,910 bales or 5.447.4U3 pounds of cotton were consumed, which produced yards of gorids. The average number of hr.uds uir.ployed was CG6, whose wages during the year aggregated $155,920. The sales during the year aggregated $802,006. Admiral Aumla, of tho Faris Panama canal congress, in his report to Secretary Evarts, complains that the congress ignored the thorough survey of routes by American engineers; that tho congress was packed to put Bonaparte-Wise' plan through; and that he believes the government should take ateps to prevent the enterprise coming under the exclusive control of foreigners.

The admiral was too late. A cable dispatch, to the New York Herald is to the effect that M. de Lesseps has signed the treaty giving him the concession cf the isthmus granted by the United States of Columbia, and that a new company will, be immediately constituted with a capital of four hundred million francs. M. de Ijeaseps repudiates all intervention on the part of the government, were such intended, lie rtcofc-niz -s that the United Scales is entitled to ex.i a large and important influence in Uie management of the anal, aud ho proposes to Cifer General Grant the position of honorary president of the i ABOUT SILVEil General A.

J. Warner's Elaborate Table by which be Provta the Great Crime Perpetnated by the Republican Parly now being Aided and Abetted by the So-Caliel Jfation'ftlij or Mississippi Germany's Stupid Anti-Silrer Policy How India Swallowed all the Silver Bismarck's Policy De- predated France Coining Trade-Dollars for China. Washington special to the Cincinnati Enquirer: General A. J. Warner, of Ohio, has prepared an elaborate table compiled from official treasury statements.

He shows that the volume of currency in I860, when the volume was at the maximum, was 983,318 a population ot or over $39 pr capita. In 1873 the total voU umo was $750,062,368, with a population of 42 000,000. or a little less than $18 pvrcapita. In 1878 rhf volume actually in circulation was $688,597,275, with a population estii maod at 47.000,000. or $14 50.

per capita. In 1S79, an actual circulation of G- Warner says: "In addition to the above, there was coin in the treasury April SO, 1879, according to the secretary's report to the senate, $138,000,000, but plainly neither this coin nor other currency which has beeo purchased by the sale ot bonds and held under the resumption act as a hoard, or gathered in the treasury as the result of au ot feve cue over expenditures, ought to be counted as part of the circulation, tor certainly it can have no effect whatever upon prices. Taking the present population of the United SUtes at 49.000,000, the above volume gives $14 per capita. No account in tae statement for either of the above periods has been taken of the gold and gold cotes (now of the latter) in circulation on the Pacific coast. The coin in circulation on the Pacific slope has been variously estimated from $15,000,000 to but whatever it may be, it has nit changed enough to chanse the comparison of the Qitterent periods given.

Accompanying 1bea BtntemouU is a compilation showing tho circulation in England, i ranee and uer-many. England in 1873 had an actual circulation of $917,445,000, with a population of 34.000,000, giving nearly $27 per capita; France had a Docuiation ol 37.000,000. and nn actual circulation 'of $1,642,000,000, or $44 per capita; Germany an actual circulation of wita a population 01 43.0u0.000. which aivea $23 per capita. Gen eral Warner says: "White these differences in the money volume of different countries exist, it, nevertheless, is strictly true that prices depend cn the relation of the money volume to commodities and transactions; and it is a matter of the most vital importance to understand that the volume of money in any country can never be materially contracted without breaking down prices, checking entercrise.

Btiflino- cro'fuction. and pro ducing ldlenees, bankrmty, aid the, Ion? train of miseries that lonow. mere is no other cause of the Dresent Droloneed stagna tion of trade and business iu this country but the reduction of tho volume ot money first, the reduction of the paper volume, then the reduction of metallic money from gold and silver to cold alone. This change was nothing less than a high crime against the whole people. Germany on the Sitver Question.

London Economist, June 25th: The Berlin Borsett Zeitung observes that in Berlin there is a controversy on the 'rjuestioa ot the double standard, and that paper considers it ip still doubtful whether the government ii really inclined for it or not. It also states that it understands that the imperial government intends to raise the limit of the silver coinage to a further quota per head that is to say, that it takes apon itself to coin silver according to the amount required, or to reissue the thaler pieces which have not yet been melted down. These reports, it will be wmoereo, dstq uuidOTtsi iinora bxi officially contradited. Tne Berlin Borsen Zeit' ung understands that the government will undertake this authority, not arpartntly to use it immediately, but or ly as time and circumstances require. One result, it states, of thuB raising the present limit would be that the Imperial bank of Ger many would then be enabled to meet bank notes or bills presented for payment with silver instead of gold wnore it was probable that the latter was intended tobe re- served for export.

Should this latter report be correct it will involve an alteration of the German coinage law, under which, silver is leeal tender only as far as 50 marks (say 2 10s). The Frankfurter Zeitung, referring to the same question, things it would be interesting to know who the financiers at Berlin are whose opinions oa Prince Bismarck's plans Lord Odo Russell thought sufficiently important to make the subject of a dispatch to his government. The Frankfurter Zeitung is of opinion that the standard for Germany is settled and fixed, and that the advantages ot the gold -standard are beyond any question, but he thinks that the right time for reconsidering tha limit of the silver coinage (10 marks per head of the population) will be when the silver thaler pieces are withdrawn from circulation. This latter observation points out what appears to us the more natural solution. It will certainly bo a remarkable thing if the German government withdraws with such rapidity from au undertaking wbicLjuaa cost it so deimaoy, ladla aad Silver.

Saturday Review, June 21st: Speaking roughly, we may say that the total coinage of thaleis and gulden that is, tho old moneys of the seuarate German states amounted to 90,000,000 sterling. When the English silver committee presided ovr by Mr. Goschen was sitting, in 1876, the official German estimates laid before it were to the effect that one-third of this turn had been melted exported or lout, end consequently that there remaiued onlv 60.000,-C00 to be accounted tor. But 20,000,000 tiHii been recoined at the end of last year, and 32,000,000 had been sold, so that it troo ehtimates were correct there ousrht to rem ain to be accounted lor only 3,000.000. The estimate at present, however, is, us we showed in detail some weeks ago, that about 18,000,000 were yet in Germny at the beginning of Jemary.

fcaa bee a ascertained uy experience that, as regards the gulden aud tie larger and smaller thaler pieces, instead of one-third only about one-fifth been I03L The result is that Germany has still as her disposal more than half the quantity that she has sold up to the present time. I twill easily be understood how (treat must be the anxiety of all concerned to know what she means to do with these 18,000,000. Nevertheless, Mr. Goschen's very able speech in the late debate on Indian finance showed con clusively that the influence of the German demonetization on the price of silver has been crossly exaitgerated by panic. The whole of the silver told by Germany, far from flood ing Europe with a depreciated metal as had been feared, has been absorbed by a country India.

Since the silver committee reported Germany has Bold 26,000,000. nnd during the same time India has taken Her gross imports, indeed, have ben 30,000,000, but she has exported to other eastern countries. Tber significance of these figures will be manifest at a glaaco. They show that none of tho silver disposed of by Germany has gone to supply the United Stated or Austria-Hungary witn tue new coin wuicn iae7 nave oeen issuing from their mints duiing the past two or three years; that those nations had to draw upon the mines lor the supplies they needed, acd that consequently there is no large accumulation in piaikets when the German sales come to an end. In saying this of course we do not mean to commit ourselves to thj literal statement that tha identical bars sold by Germany were shipped to the eant and nowhere else.

That is quite immaterial. What the figures really prcye is that India took an nnf st- ailvor in trifl 1 roa rmiiD oiudI to the amount Bold by Germany in tha same period, and consequently that the new demands of such countries have absorbed, or are absorbing, the increased supply from the mines. The vastness of the absorbing power of India is surprising, especially is a period of universal oppression of trade. Were ttera an active demand in Europe for Indian produce the phenomena would not be so remarkable, inasmuch as tho depreciation of silver obviously stimulates the Indian trport But with the Black demand tnat there has been for Indian produce and the low pners that have prevaUed, the immeiibe imKrU of silver during the laat three years are astonishing. It is true that the terrible famine in Madras ami Bombay created a great demand fjr silver to pay for the grain needed by the starving people.

Bat obviously the demand would avail nothing if India had not the means ot buying the silver; she could not have obtained it unless she borrowed or gave something in exchange for it. This vast absorbing power ought to reas those whom the German sales have stricken with panic. Daring the past year it has diminished in consequence of the cessation of famine and the fall at home in the prices of Indian produce. But it has not come to an end, and there can be no doubt that a revival of trade in this country would speedily make it active once more. Add to thiB that the absorbina power of China is equally illimitable.

In 1876, when the last failure of the European Bilk crop occurred, the export of silver to China was very large, and if in the present season speculation should rise to the proportions it assumed then the movement will be of a corresponding magnitude. As we have lately discussed this subject, we refer to it here bnlyto remind the reader how vast is still the field for the use of silver in the east and how groundless are the feats sometimes expressed of ruinous and hopeless depreciation. Were there efficient government at Pekin which uade a point of supplying its subjects with a proper currency, the Chinese demand for the metal would probably equal, if it did not exceed, the Indian. Even now the export cf foreign dollars through this country and from San Francisco is on an enormous scale. However, this is by the wsy.

The point which we specially wished to bring out was that to which Mr. Goschen devoted the greater part of his speech in the Indian budget debate namely, the fact that India has absorbed the whole oi tho 26,000,000 sold by Germany during the last three years. It may be wortn while adding that this trade in silver constituted some set-off to the houses undoubtedly suffered by this country through the depreciation. Germany, which sold the silver, did so for the purpose ot buying gold, and she lost doubly by the transaction (first) on the silver which was depreciated and (secondly) on the gold which was appreciated. We, on the contrary, gained doubly by buying the Bilver at a panio price and afterward selling it tor Indian produce.

The French Trade Dcltaor. London Economist, June 25: I informed you recently of the intention of the French government to authorize the Paris mint to coin a trade dollar for circulation in 'Cochin-China, whence it was expected soon to make its way into other countries of the'extremeeast. The original idea was that this new coinage should be left to private individuals, who would have first to obtain authorization from the minister of the colonies or the govern-of Ccchin-China, but that the government should not coin for itself. That intention has apparently been modified, for I now learn that the new coinage has been commenced, but for the covernment. which recently pur chased silver for a sum of one million of francs, and Bent it into the mint to be converted into the new trade dollars.

This coin is of the exact weight and fineness of the American trade dollar, and therefore a small traction heavier than the Mexican piaster. Although of the same fineness as the French five-franc piece, it does not correspond to any French coin in value, the 5 franc piece weighing 25 gnmmes and the new trade-dollar 27.2. The value in French legal-tender silver coin would therefore be about 5f. 44c The French government is just now paying par' ticular attention to the circulation in its colonies of the east. Hitherto the English ru pee had circulated in Reunion Island at the rate of 2f.

bQz, or concurrently with French coin and other but an order of the governor was recently issued prohibiting the rupee as a legal-tender and announcing that it would cease to be received in the public omce8. GBAST, Zaeh Chandler Says, Is to be Oar Xext FreMdent And Or. Keating Ha) a the Xx.ChJ.er of Kadleavliant waa Only Troubled Absat the Catholic Vote. Dr. Keating in the Philadelphia Inquirer, July 2d: "Would he never say a word on the subject ot a laird termf "Not a single word.

As 1 told you before, he is a strictly non-committal man. He would talk over each man and his chances, bat not a word about himself." "What was the opiniou, then, formed by his traveling party, as to his intention or desires concerning a third term?" "We agreed unanimously that he would never put one step before U.e other to secure a namatuinfaut if he was nominated ha would do his best to deserve tue compliment." "Did he ever make any allution about the "But once that I caa remember of, and that was when he was pressed and worried into it by our persistence. We asked him: "If you were elected to go to Washington, would you like to "And what was his answer?" "His auswer was, Well, we'll wait until the time comes and then talk about "There is one thing," continued Dr. Keating, "I wish particularly to speak to you about, and 1 think that it would be a grois ir.jastiee to General Grant it 1 did not mention it. I refer to the speech which he made at DesMoines four years ago, which-put bim iu such bad grace with the Cathoho community and created such a political sensation at the time.

I am a Catholic myself, and it was a matter of great conjecture to me after I had conversed with General Grant several times whether he really felt toward our sect so harshly as be had been said to. One day upon the steamer while sailing the Red sea the general asfeed me if I believed that be was so opposed to Catholic institutions as people said he was. At the same time he palled from a pocket a crumpled manuscript and told me to read it. I found that it was the famous DesMoines speech, but not a word in it did I find at which the moat devout Catholic could take the least offense. Rather they would have admired and approved its every sentiment.

Before askjDg tor my opin ion concerning it he Cal ed Colonel Lard Ralph Kerr, brother-in-law to the Duke of wno was on board, and said: 'Now, you are two representative Catho lics, one from each Bide ot the water. 1 want you each to say juat what you think of tne bona Jide speech tnat 1 made at DesMoines. "Colonel LiOrd italph Kerr took the manu script and read it carefully. He concurred with rue that tuere was nothing offensive or wrontr in it, and the general put the parchment back in his pocket, with a sigh of relief, and seemed to be perfectly CHANDLER SAYS IT'S GRANT. From an interview in the Pittsburgh Cow mercial-Gazette "Well, Senator, I want to you about Grant.

"Grant," said the Michigander, while a curious twinkle played in his eyes, "Grant is well so tar as 1 know. "That's not it, Mr. Chandler. Do you think he will be next President?" "My man, that's a pretty direct Question. but I like bluntnees.

I'm free to say that Grant will bs our next President beyond a doubt. "What do you think of the Sherman boom?" "The Sherman boom? Well, this whole boom business reminds me of a Btory Lheard when I was" Just then an unearthly yell from the locomotive, followed by a ringing of bells and a rumbling of the train moving, cat short the conversation, and the reporter was obliged hastily to grab his hat, and, after a quick shake of the senatorial hand, jump from the car and so that story cannot go down to history, unless the Michigan man should come down this way again and commence where he left til. The only remark the re porter beard us be cleared the train came from the senator, who called out, "The people are for Grant, anyhow, and they are going to have their own way this time." German Yoans Jlfn'n Christian Association. Cincinnati, July 8. The sixth national convention ot the German Young Men's christian association of America assembled here to-day, it being the first contention where bora Jide delegates only were admitted.

Great interest was felt in the meeting. The annual reports of the officers gave marked, evideoee of the growta ot the organisation during the past year. The following officers were elected President, F. Mash-nieyer, St. Louis; vice-president, H.

W. Feuchter, Cincinnati; corresponding secretary, L. Below, St. Lauis; treasurer, L. Schwartz.

Iron Oro Imported from Bpala. New York, July 3. Two English steamers have just discharged over thirty-five hundred tons of Spanish iron ore from Gij jn at Uobcken. They receive two dollars and City cents freight per ton, which is thought better than receiving no freight at all on ballast and paying to discharge it when here. Tha ore is lor Pittsburg.

The LsaUlaaa Convention. Nkw Ohleans, July 9 Tho Democratic caucus to-nigut resolved that a majority vote should be binding to the Democratic members of the convention on the Coating debt question. This is currently reported to be a million and a half job, most ot the warrants being in the hands of schemers. A STARTLING EXPOSURE Cf Fraud and Corruption in the Treasury Department The Suppressed Glover Report Millions on Millions of the Publie Moneys Stolen and Squandered by Republican Leaders The Country Flood- ed with Reissued Cancelled Greenbacks and Counterfeits to Carry Elections National Finances at the Mercy of Thieves. Continued frotn Yesterday's Appeal.

Sllsslna: money and Frauds at the At the San Francisco mint tiere was a de ficiency of $235,000 in the melter's and refiner's office in 1856 a great discrepancy be tween the treasurer 8 and coiner accounts in 1866, and large loses in 1870. The superintendent was dismissed for corrupt practices in 1877. Losses were also discovered in 1870 at the Denver mint aud the New York assay office. The New York accounts were passed by ilia auditor's and comptroller offices of tne treasury without proper examination of the vouchers which were paid by the New York assistant treasurer without the approval ot the offiijers who should have received the supplies. Up to 1870 the director seemed never to have examined the New York assay office, and the mint regulations were hard to find there.

The report of the director of the mint for 1877 says (in tables prepared by Martin V. Davis, ot Philadelphia) that the gold coinage under Director L'nderman, 1874-77, inclusive, waB $136,000,000, and greater than that of any previous four years. This was untrue. The coinage of of 1874-77 was $156,000,000 ($10,000,000 more), and that for 1861-64, inclusive, was $190,000,000, or $24,000,000 more. The director also fell into this error of $10,000,000, and by this sum the totid gold in-age of the mints.

He also under-tated the gold coinage of 1851-54 by $1,600,000. He stated the total of 1852-58, inclusive, at but his subordinate, Mr. Davis, stated it in the same report, for the Philadelphia and San Francisco mints alone, at $247,000,000, over more. Thus according to official figures two of the mints coined $13,000,000 moie than the whclj fire! The San Francis 0 melter's and refiner's returns of bullion above the amounts charged as delivered to him, $36,000 1854 77, is credited to that mint twicejin the same report, thus making the mint expenses appear $36,000 less than the truth. The New York aasay-offiie smelter and refiner, Mr.

Andrew Mason, by great care and skill saved aad turned into tho treasury in 1876 8 $61,000 more than the bullion delivered him for treatment was charged. These returns were suppressed from the director's reports, being lumped with earnings, and Mr. Mason was instructed to return tbem as such, the motive announced in the instructions being to shield the mints from annoying inquiries as to why they, instead of returning a surplus Iik9 Mr. Mason, charged the government with a waste. Thus Mr.

Mason was denied the he richly deserved, and was in the report made to appear as wasting $9000, in order to hide the mismanagement of others. The letter ordering this suppression wan signed as acting director of the mint by Robert E. Preston, who figures unpleasantly elsewhere in connection with cotton accounts. la 1876 congress cut down the appropriations asked by the director over $300,000, but Linderman contrived to smuggle in a proviso allowing the earnings from separating gold from silver, and fro 'i refining both, to be used in meeting expanses without going into the treasury. The result is that every year since the earnings have been spent in addition to sums allowed by congress, aud $300,000 yearly have lieen expended without congress suspecting it.

Kxeeeeive and Krauduleut Expenditures'. The New York assay office receipts from the sale of blue vitrol and sulphuric liquor in 1374 were stated by tho director there at $11,350 91. Four years later tho annual report Btated tbem as $5302 05. Both proved to te wrong; ttm- ljfL3tyi 91. The directors' annual report for 1873-4-5 state the receipts aggregating The report for 1877 shows the same expenditures to be $2,409,000, or over $360,000 more than was exhibited at tbo time.

The expenditures are shown by the yearly reports tor 1873-3 inclusive aj $5,062,000. The report for 1877 shows them to be $5,635,000, or over $570,000 more; $306,000 of this suppression was in 1876, the Presidential election year. More than half the $72,000 suppression there is not the shadow of an explanation. In 1876 the items of expenditures were suppressed from the annual report. In the spring of 1861 211,400 bars of silver and gold bullion, whose value was unknown, were deposited in the New York assay office, and moneys werejioaned thereon to Balling Saider, and others, by Assistant-Treasurer Van Dyck.

This was very dangerous, for gilded bars of lead or iron could thus be used to borrow on without interest or security. At least oue lot of boxes said to contain bullion were depos' ited and borrowed on in 1S69, and taken away on return ot the loan without any in spection or test. 1 ne practice was orosen up in 1S69 hv (ieo. VV. hdelman.

ueoutv-treas urer of the assay office; but it was revived the year after Mr. Edelman resigned by Di rector Linderman, concerning "'British bars and sovereigns" whose genuineness bud not been teited and it continued till the Glover investigation began, when Mr. Linderman stODDed it. From 1866 to 1870 the new as Bay office made three hundred acd thirty- eieht such loans, and in many cases the bor rowers returned the coin and took bars, leav ing the government to pay for coining the bullion deposited to obtain the liars. In 1878 the superintendent of the San Francisco mint sent L.

von Hoffman Co. checks for 1. 023.000 under instructions from Linderman, when but $600,000 worth of silver had been assayed. What Boeots Conld Do. Superintendent Acion, of tho New York: assay office, has been in the habit of signing checks in blank, and leaving them thus in the paying cleik's possession.

Last year eighty-two blank checks were found in the office with Acton's signature. This is a virtual desertion of bis duty by Acton, for he cannot know his clerk action nor supervise his pay ments. A rogue in the paying clerk place, or a thief getting into the office, could fill up a check lor a million, and it might be col' lected and the parties disappear before detec tion. If necessary, the clerk's coantersigna ture could be forged. Superintendent Dun' ning, Acton's predecessor, repeatedly got checks made to his own order for sums due public creditors.

Then he indorsed the checks to the creditors and turned in their receipts with the vouchers afterward. After a time be grew slow about turning in the vouchers. and one day it was discovered that he had collected $13,000 of these checks himself. Linderman employed more than a score of persons in visiting mints and assay offices, at tending annual settlements, and assisting him in doing so, for whir-h he spent in four years over $11,000. He paid his son.

nineteen years old and not in the public service, $ztzi ior less tnan six months service. The law does not allow traveling expenses to anyone but the director: ud to Oa- tober 1, 1877, he received $4300 charged to this account. Frank H. Gassaway7 a man of notorious cnaraccer in wasnington, received $1668 73 for taking cn inventory (sixteen pages of foolscap) of furniture and fixtures at the San Francisco mint. At the close of the Linderman investigation of that mint, in 1877, but before the report was made, the superintendent, La Grange, who was removed in consequence of that investigation, presented Linderman's wife with $1000, saying it was a present from the emdoyes of the mint.

Some of the employes, it is said, complained afterward that they were compelled to contribute nnd could ill afford it. When Prof. Robert E. Rogers, of Philadelphia, E. O.

Leecb, of the mint bureau, Wabhington, and A. W. Downing, chief of the coicng department of the Philadelphia mint, were sent to San Francisco to examine and attend yearly settlement of the mint, Linderman instructed Superintendent La Grange to pay their traveling expenses and $10 a day to Rogers from the profits of fractional silver coinage. JJifore tne Ulover committee he swore that be bad never used thesa Drofita thus, but the record convicted him. Slaster-or-the-SIia linderman's Spec- T.inrfArmfln hnnoht in hia veifa'o 1874.

150 shares of the Calfornia and 'l2T shares of Consolidated Virginia, the "Big Bonanza," silver mines of Nevada which were controlled by Flood, O'Brien, Mackey and Fair. For these he paid 90 Der cent, or less, about $25,000. Brfore the committee he called these $25,000 "very moderate means of his wife's. Ia March. 1875.

ho bought of the Consolidated Virginia Dore silver bullion valued by the sellers at 1.023.- 000, and paid them $1,000,000 on account, without for the assay show whether it was correctly valued, or 98 per cent, of the value as afterward ascertained. The company got their money two months before completion of assay, and were thus enabled to make $15,000 interest. In June, 1875, be bougbt ot tbem imported silver bars valued by them at $1,500,000, and paid them tl.425.900 down over two months before completion oi assay, and enabled them thus to make interest. 1 be assay snowed the bullion worth but $1,437,000, or $63,000 short of the valuation, so that he paid them in advance 98.6 per cent! of the value, running a great risk of overpaying. The bullion was paid for at $1 21 Per ounce, fine metal delivered at San Francisco.

The express charges were by the government to New York lrom the profits on fractional silver coinage, instead of being paid by the sellers, and the charges at the assay office were borne by the government, without authority of law. These expenses amounted to $32,000, which made the silver cost the government 1 26 4 per fine ounce. The market value was $1 24 3, so that the purchase, as well as costing $32,000 more than Linder nan pretended, cost $13,000 more than it could have been bought for elsewhere. Linderman also directed Superintendent Acton to pay $9000 more than the assayed value of the gold in the purchase, the sellers claiming that the assayer made a "mistake." Acton replied that there was no authority to pay it, but at Linderman's direction, after seeking to throw all the responsibility on Linderman, he paid, and charged it to "profit and loss." Prof. R.

E. of Philadelphia, another stockholder in the Consolidated Virginia, the sellers, was employed by Linderman to make an "examination," and, of course reported strongly in favor of making the payment. William E. Dubois, assayer at Philadelphia, protested strongly against "correcting" assays at the instance of outside parties, saying that this destroyed the reliability of assays. The payment was hidden iu the directors annual report for 1877, by calling it a "wastage," when no wastage, but $14,000 saving, had occurred.

The payment took place without the knowledge of the New York paying clerk, and without authority from the secretary of the treasury. The purchase altogether cost about $65,000 more than was pretended. In the same month Linderman also took off the company's hands nearly $2,000,000 more silver iban they were anxious to sell. January, 1875, the Bonanza stocks, under the effect of wild reports about the mines, were very high in price. Consolidated Virginia reached 850.

Linderman's $25,000 worth of stock was worth once $200,000. But it fell by October to 210, and California, the other part of the Bonanza, to 250. So it was lulled again. In the summer of that year Linderman visited California on official business, sought a conference with the managers of the mines, and arranged an inspection of them. He and Prof.

Rogers then, or soon ater, a holder of $20,000 or more stock in these mines, inspected them twice. Rogers made a report valuing them at $300,000,000, which Linderman, saying that otnr estimates were too high, concurred in and published in his annual report for 1875. This was widely circulated, and jumped Consolidated Virginia to 435 and California to 375. The ri-e carried Linderman's stock up to $120,000 and his official representations held the stock up to 180 per original share to the end of 1876, and to 215 till the end of 1S77. The mines only produced about a sixth of the amount represented, and tho stock fell in value to about $15,000,000 according to the statistician of the United States monetary commission.

The maintenance of the stock at higb prices enabled the owners to sell stock enough to realize about $125,000,000, and the tall caused the buyers to lose about $100,000,000, which the first sellers pocketed by Linderman's aid. This spread miefortune and distress throughout the Pacific coast. October 19, 1877, the secretary of the treasury signed, at Linderman's instance, an order stopping the coinage of trade-dollars. Liaderman managed to let the Nevada bank ot San Francisco, owned by the Consolidated Vir ginia party, and the Anglo-Ualitorma know of the suspension the same day, though the public did not know it till the next. The second business day after the suspension the price of trade-dollars had risen 4 per cent.

and these banks, having had notice, had bought ud the dollars and compelled traders with China to buy of them at this higher price. Ex Governor Lew telegraphed Lmder man scon after that the suspension would drive all the silver bullion in market to the Nevada bank refineries; but this had no effect on Linderman. Kechless Sllsmanasemeatof the Paper- O. H. Irish, chief of the bureau of en graving and printing, published last winter a letter to Mr.

Atkins, chairman of the bouse committee on appropriating, seeking to dis credit Mr. Lilover statement about bis bureau. In this letter he stated that the bureau had complete and delivered fo the comp ti oiler of the currency 2,390,000 sheets of national bank notes in the hscal year 1378; but the report of the bureau shows that it delivered 32,000 sheeU more. The bureau book-keeper swore that there could not possi bly be a mistake in the report; yet tion showed that the report represented that 310,000 sheets of customs cigar-stamps were delivered more than the bureau claimed to have made. The distinctive paper for printing the government iteues bas been in a room used exclusively lor that purpose in bundles containing one thousand sheets each Ail the distinctive paper is stored in that room.

The supply of legal-tender paper has never been exhausted; tbat is, it nas been added to "and drawn from since 1869, and there bas always been a large quantity on hand. May 1, 1877, there was in fhiaroDm the enormous quantity of 13,716,266 sheets of distinctive paper, and the chief of the bureau says there were stored on the first of July labt, sheets ot legal-tender paper, and there is stored besides a large amount of national bank note, funded loan bond and old fractional currency paper. Of the latter, part is being used for national bank notes and legal-tenders. It was found that the stock ot paper had been counted but once (about five years ago) in ten years. The room in which it is stored is in the sub-base ment of the building; the corridors leading thereto are poorly lighted and seldom visited.

except by workmen employed in shops on the same floor, aix persons have access to this room at any time during working hours, and any 00a of the six can open packages of this paper that have been counted and stored, abstract from fifty to one hundred sheets at a time, and place tne bundles so tampered where they will not be reached for years. A man so disposed may, by the withdrawal of small -quantities at a time, become in the end a dishonest possessor of a large stock of this paper. No surveillance is kept on the movements of these men, and the theft would remain undiscovered until a count was made or the supply exhausted. Mow Platea may be Implicated. What has been said of tha paper applies also, onlv with still greater force to the cus tody of the dies, rolls, bed-pieces and plates from which the securities are printed in the bureau.

The purloining ot these is especially to be guarded against. The government has not placed such-checks upon them as to ren der their abstraction impossible, nor can they by the present arrangement for doing the work. A bed-piece is a plate of steel the size of the ncte or coupon, to be printed, having the entire ot such note, engraved on its surface, and, this being finished, the piece is hardened. A roil is a small cylindrical piece of steel, having on its surface, in relief, the entire engraved work that is on the surface of the bed-piece; this, also, alter receiving the imDresaion. ia hardened.

It is made while the steel is solt by being run over the hardened bed-pieces, 90 tbat the entire engraved work on the surface of the bed-piece is transferred to this outside surface by nressure. The plates are large pieces of steel. from which the notes, bonds, stamps, are printed, ana vary in irum tnat 01 four notes each, as legal-tenders, to a coupon bond, and are made by having the work from the roll transferred to their surface by pressure. There are three bed-pieces (also called dies) and three rolls from which the plates for each denomination of notes are made, One for the green printing on the back, one for the black printing on the face and one for the red seal. Heretofore, to insure security, it was deemed necessary to have these separate dies, etc and the several printings on each note made by different institutions; but John Sherman saw ht, contrary to law, to bring this entire printing into one bureau, and to have the entire engraved stock ot dies, bed-pieces, rolls and plates for printing legal-tenders, bonds, and the backs, faces and seals of each held in one vault.

The custodian to this vault and his assistants alone have ac cess to it; in the course oi their daily duties they go in and out at pleasure, and there is no difficulty in securing for unlawf ul purposes the bed-Diece from which the back, the face and the seal from which any denomination of ntea. rom ono dollar to one thousand dol lars, or all of them, are printed and make from them rolls (an operation of but a few minutes), by which an unlimited number of plates can be prepared. Tcese bed-pieoes are rare.lv called into use after the roil has been The set of three could ba convenient ly carried in an inside pocket, and as the preparation of' a roll requires but a short lime, these bed -pieces could be taken away at the 1 close of the work and restored in the morn ing, until one of each denomination had been obtained, and by them plates prepared for printing millions of dollars of genuine notes. The vault containing this material has often been left open and accessible for hours at a time to any one who could get into the bureau. A.

Startling Coincidence An Kpidemle of Counterfeits About Presidential Election Time. It is strange that each of the last Presidential elections has been followed by a treasury announcement that large amounts of "counterfeit" notes were afloat. In 1S69 the whole issue of legal-tenders was withdrawn and replaced, on the ground that they had been largely and skillfully counterfeited. Ia 1873 the whole issue of $500 greenbacks about $35,000 was withdrawn and replaced in the same way. In 1877 a counterfeit $1000 note was announced.

One of the oldest engravers in the' country testifies that when a note is so like the original that it cannot easily be detected as these and other "counterfeits" are said by treasury officials to be it cannot really be a counterfeit, but must be a genuine note surreptitiously printed from genuine plates or from secret teproductions of these plates. Other experts testified that a genuine plate, after being secretly made, can be altered with a graner in small details enough to make it seem counterfeit to any non-expert. In 1865, Hank Hal), a noted counterfeiter in New York, hired two plate-printers, named Lankton, to go to Washington, get employment in the printing bureau, and thero steal copies of every not 9-plate the government was using. They did steal copies (by printing on lead sheets instead of paper) of several notes, and could have stolen all had not a quarrel sprung up. Among these copies were the backs of the $20, $50 and $100 compound interest notes, whose elaborate geometrial lathe-work engraving was thought a perfect protection against fraud, and was the test among banks of genuineness.

They also got the faces of tome of theso notes. A large amount-of them, estimated by some at $750,000, was put afloat. Tho government is redeemed $18,000 which weie afterward held to be counterfeits, and Jay Cooke Co. were mr.de to refunl the money; but the committee that destroyed the plates were by no means certain that they were counterfeit. The superintendent of plate-printing in the bureau testified some years since that the plates of the five-twenties which the secret-service had captured were from the genuine bed pieces, which (for the rolls) must have been borrowed from the bureau to make them.

'The $500 "counterfeit" greenback of 1873 was inspected by experts and compared with a genuine note for the Glover committee, and these expert engravers swoie beyond all doubt that the note came from a genuine plate or from a surreptitious reproduction ot one. The bureau workmen who transferred the plate from the bed-piece agreed with this. A Secret Inane of Xlaeteen HOlIeng. A brief inspection of the treasurer's bocks revealed the fact that $19,000,000 of notes were at one time secretly afloat for several months, the treasury statements being false during that time to that extent; and the fact of tbat secret issue remained unknown till lighted in by the Glover committee. The books were falsified and a balance forced to conceid (his secret issue, by untruly slating that $19,000,000 had been deposited as temporary loan, when no such deposit took place.

From 1867 to 1873, while the amount of greenbacks authorized by law was $356,000,000, the treasurer's books revealed the fact that repeatedly the amount afloat was $2,000,000 above tbe authorized amount in the middle of the month, enough being turned over for destruction on the last day of the month to bring the total down to $56,000,000, and in other months the circulation was cut down as much as $12,000,000 below the published fig ures in the middle of the mouth, enough be ing taken from the unissued notes on band on the last day to make up the sum to the lawful figure on statement day. General Spinner swore that the publio debt statements did not agree with bis books; that be did not ap prove of them; that his name was put to them without bis authoritv; that be was not al lowed to publish truthful statements; that balances were forced in these statements, and that he finally got the law changed so as to relieve him of the duty he was not allowed to perform. Ia nearly -the whole ot the fiscal year 1866 the treasurer's book show that the amount of ctmoounc-u teres nctes outs and ing was from $5,000,000 to $44,000,000 more than tbe published deut statements showed One month it was $26,000,000 less. Three different statements of. the sum outstanding Juie :0, I860, were published, differing by minions, and none or tbem were correct.

Unlawful Belssae of Kotes. Secretary M'Culloch publicly acknowledged some years since that on one occasion he caused $4,000,000 withdrawn greenbacks, that had been paid off and were to be destroyed, to be counted and published ia the debt statement as "cash on band The first man who was intrusted with the destruction ot withdrawn notes, Charles H. Cornweli, chief of the redemption division of the treasurer's office, was caught stealing the notes and reissuing them. The amount thus reissued is not known, but it is estimated by good judges at over $100,000. The second chief, Frank Jones, was detected in making a false certificate of destruction of $40,000 worth, and General Spinner, Secretaries Boutwell and Bristow, and others, persistently refused to investigate the matter, though about $800,000,000 of notes had passed through Jones's hands perfect shape, much of it never even having been issued.

The checks and precautions against theft in destruction are found to have been grossly neglected and disregarded in many 1 respects. General Spinner swore that "they have a rule that nothing must be divulged that takes place in the treasury." Sweeping; Changes Demanded. The report concluded by stating that many of these and other matters need much more investigation; tbat by no other method can the people learn the truth about the govern menf, or congress get the information nces sary to legislation; that the treasury is full of opportunities for wrong that have doubt les3 been largely used; tbat that as well as other departments is run by a ring; that the government has far too much to do to do it honestly or well, and that only by wholesale cutting down ot government power aud a wide abolition of government functions and offices can despotism and national ruin be escaped. ARKANSAS. Death and Interment of a Mexican War Veteran An Ice factory at Utile Koch Bally Crops all over the State.

Littlk Rock, July 8 -Josiah M. Giles, ex-shenti ot Pulaski county, and the last sur viving officer of Dan ley's company of Yells's Arkansas regiment, in the Mexican war, died and was buried here to-day. The contract for building G. P. Arm' strong's ice factory was let to Wm.

Hiliiard to-day. The machinery i9 on the ground, and cost forty thousand dollars. Reports from all quarters of the State give promise ot exceptionally bne crops. Kentucky "Republican Nominations. Louisville, July 8.

The Republicans of the city and county held a convention at Lied erk ran hall this evening, and made the following nominations: For senator, A. S. Wilson, who was chief clerk of the treasury under secretary Unstow, lrom the thirty- sixth district; O. G. Holt, for the third dis trict: L.

Eckenstenkemper, for the thirty- fifth district. For representatives Philip Volmer, Jacob Raubold, A. J. Ballard, L. W.

Dsmbitz, Elias Thomaaon, Theodore Conrad and H. G. Irwin. The stockholders of the Shelby road to-dav ratified the lease of that road to the Short Line railroad company. lr.

Oamond lieatty, president of Center college, was married at Danville this evening to Mrs. U. Uoyle. A Courier-J ourttdl special from Mavsville. says that Miss Bettie Kid well, aged seventeen, living at Franklin Mills.

Fleming county, killed herself with poison. Disap pointed love is the alleged cause. aiysterloua Disappearance. Dayton, July 9. Thomas O.

Kidd. a prominent attorney of this place, and member of the city council, mysteriously disappeared Monday morning. He left his home without having given any previous intimation to his wife and family, and it ia feared that he has become deranged through financial troubles. A wide search is being made by his with whom he is very popular, and who would reudily lend their aid to help him in any business difficulties. The German Y.

SI. C. A. Cincinnati. July 9.

At tha erman Young Men's christian association convention, this morning, after braver, a snecial committee on business was appointed. The reports of officers were read. H. T. Mdler, of the international executive committee, addressed the convention, after which the fol-N lowing subjects were discussed: lhe blessings of the Young Mon's rhrhtiao.

association for individual cburehei. tLristians at large. and for christian youth. FKEE QUININE. Tbe Price In Philadelphia The Charges Made by Farr, or Powers eight-man Their Factory that Covers Ten Acres Likely to Become Silent Because Their Monopoly has been Broken Up The Immense Fortunes Made Out of the Sick Toor of the Country-Senator Isham 6.

Harris's Good Work. Philadelphia, July 6. Apothecaries are very angry at the charge of exhorbitant prices made by Farr, of Powers Weight- man, and say that if they knew of any drug gist selling cinchouida, the cheaper alkaloid forqulma, it is their duty to expose them. As for prices, instead of three cents a grain, as Farr said, they answer through a committee that it is not-usual or customary among retail drugcista in this city to charge more than one and a half, and certainly not over two, cents a grain for quinine at this present time. As wholesale rates of quinine are now $3 50 per ounce, avoirdupois, each ounce containing 437 grains, the wholesale price per grain will readily be seen to be about three- quarters of a cent, and the profit from selling at one und-a half to two cents will cer tainly leave a margin very far below the three or four hundred per as asserted.

The charge that we do not lower our prices. -vn twnga- tne -wholesale prices, even though the wholesale prices were reduced, is also false, for our prices are optional with us, but influenced by a lively ana keen competition. -The Poor Qnlnlne MenepolUta. Indianapolis Journal: The largest quinine manufactory in the world is that of Powers a Weightman, at the falls of the Schuylkill, above Philadelphia. The factory covers ten acres.

There is one other factory in Phila-tielphio, and these two produce nearly all the quinine used in this eountry. The duty on manufactured quinine has been twenty per but the imported article is not nearly as good as the American. A million and a quarter of ounces are sold every year for an average of three dollars and forty cents, protection being worth from fifty to seventy cents an ounce. The retailer Bold it at three cents a grain, making nine dollars and fifty cents an ounce profit. Powers Weightman say the repeal of the doty will drive them out of the business.

Cincinnati Commercial: "Well, let them go out of thefbusines8. America i the greatest market in the world for quinine, and if our manufacturers cannot compete with Europe, let them fail, for they ought to fail. But they will ao nothing of the kind. They will go on manufacturing better quinine than ia prepared in Europe, and they will have a fair profit on it. If tbe imported article is not as good as the American, it will not be as salable.

How absurd it ia to be told (hat American manufacturers have to be protected by a twenty per cent, duty against an inferior article! They ought to be ashamed of that even in benighted Pennsylvania. Free Quinine. Charleston News and Courier: "The Philadelphia firms which have had tbe entire monopoly of quinine are said to have amassed immense lortunes by its sale. Powers Weightman being reported to have made $18,000,000, and Rosengerten Co. The batk from which quinine is manufactured has always been admitted free of.

duty, so tbat, while the Philadelphia houses have been getting their material at regular rates, without any duty or tax of any sort, they have been selling the manufactured article at advanced prices that have enabled them to toll up these immense fortunes. The present price of quinine ia London is lis. 6d per ounce, and it can be imported in New lork, tree ot duty, tor f-j an ounce, lhe pnea of the American quinine is $3 40 but tb foreign article becomes worth 20 cents more, or $3 60, when the 1m port tax is laid upon it. Tbe 20 cents in favor of the monopolists' qui siae has kept the foreign article away, and those wbo used tbe drug were obliged to pay the cents to tne I'tmaUeipOluoB. quinine, hereafter, will be as cheap here as ia Europe, and tbe charity hospitals of the country alone win save orn "fSU.UUU to lUU.UUO a year by the removal of the duty.

Au idea of the enormous amount of quinine used is given by the tact that from 1,000,000 to 1,200,000 ounces are ussea in tne united state every year, inis is said to nave attorded the fhil adelphia firms a clear profit over manufac turers prices of ouu.OOO per annum. What Senator Isham 6. Harris Did to Becnre ree gamine Washington Pof, July 31: "Senator Harris, by a wise parliamentary move, succeeded in pasung Mr. M'Kenaie's bill to remove the duty on quinine. He moved to reconsider the vote referring the bill to the finance commit toe, and aid so, he said, with the greatest respect icr the committee, whicir was ready to make a favorable report; but a singlo objection would carry that report over one day ana inus aeieat tne bill, ms motion prevailed and thus brought the bill back to the tabe, and made its consideration subject to a i 'L' 1 1 1 .1 majority.

Mr. M'Kenzie, who so gallantly put the bill through the house, was on tbe floor or tbe senate from the time it met. and workeu heroically in favor of it. He said that if it should go over for a flry he would endeavor to delay adjournment twenty-four nour8 to muse tbe but a lew. senator Har ris s.skilliui move, however, rendered this unnecessary.

IN THE SENATE. From the Congressional Record, of the second, we copy a part of the debate had in the senate the day previous on the free qui nine bill which shows that Senator Harris pressed it to consummation despite a very lormiaaoie opposition: Mrarris Yesterdav the bill (IT. R. No. 2406) to put salts of quinine ar.d sulphate of quinine on the free list was read tice and referred to the committee on finance.

I un' derstand that the committee on finance is about ready to report. With the fullest measure of respect for that committee, I pro pose to move to reconsider the vote by which the bill was referred to the committee, and ao tnat ior tbe reason, and tor the reason only, that if the committee reoorts the bill back to-day a single objection will prevent consideration. 1 therefore move to reconsider the vote by which this bill was referred to the committee in order that I may move, so soon as that vote shall have- been decided in the affirmative, that the senate proceed to con sider the bill at once. It is a bill of the great est possible importance to a very large num ber of people, bee i use of the fact that the duty now imposed on quinine almost if not quite prohibitory, and makes it so expensive that a very large proportion of people are actually unable to use, prime necessity enough it be. I move to reconsider the vote by which this but was referred to the committee on finance.

The president pro tempore The senator from Ternessee moves to reconsider the vote by which the bill he has indicated, common ly called the quinine bill, was referred to the committee on bnance. Mr. Morrill Mr. President, I rather hope tnat tcia motion to reconsider tbe vote by which that bill was referred to the committee on finance will not prevail. I do net urge now any argument against the final abolition of tbe duties upon Quinine, but it is manifest ly urjust and improper to do it at this time ana in so sudden a manner, for we must understand that this is a very large trade with tne couin American republics.

There are about five million pounds of the bark brought nere annually. Ut course this bas to be shipped in advance of its use. The oarties therefore will have it on hand and will be de prived of any power of profitably using it, tor they will be compelled to stop the manufacture of quinine. And further, let me Bay that it would be manifestly proper if the lull is to be passed that we should allow the discriminating duly also to be repealed that now exists on bark brought from the Dutch colonies and from the English colonies in the East Indies. That bark is very much better than the bark brought from South America.

The President pro tempore The question on the motion of the senator from Tennessee to reconsider the vote by which this bill was referred to the committee on' finance. lhe motion to reconsider was agreed to. Mr. Harris I now move that the senate proceed to the reconsideration of house bill No. 2406, it that be the number of tha oui- nine bill.

Tho President vro Umrort Tha senator from Tennessee moves that the senate proceed to the reconsideration of the bUl (H. R. No. 2406) to Dnt Raits of nnininn and aulDhate of quinine on the free list, which will now be reported for information. lhe bill was read.

The President vro tempore Will the sen ate proceed to the reconsideration of this bill? Tho question is on the motion to proceed to its consideration. The motion was agreed to. The President pro tempore Tbe bill is before the senate as in committee of the whole and open to amendment. Mr. Morrill I move to amend by adding: Provided, That calieaya, Lima, and Peruvian barks, and all cinchona barks shall be exempt from all duties, differential or other.

Mr. Beck They are all exempt now. An amendment will kill the bill. Mr. Harris 1 hone no amendment, however meritorious, will be adopted, because an amendment now will be positively fatal to the passage of the bill at this session of con-giess, and it is too important to lose the bill on a question of time.

After some further debate, participated in by a dozen senatorsrthe bill passed. A JOlteh. absat Pre lalnlne. Washington special to Louisville Courier' Journal: "In the haste with which the bill for the repeal of tbe duty on quinine was passed, an error was made through which the Philadelphia monopoly still could make a fortune out of the shaking thousands. It is almost certain, however, that when congress meets the repeal will be corrected cr made more complete.

The bill which passed repealed the duty on all forms of manufactured quinine. It was written in ignorance of the rather important fact tbat South America was not the only locality from which tbe bark could be procured, and the still other fact that there is a duty of ten per cent, on the bark from East India or west of Good Hope. There waa no tariff on South American bark, which, by reason of the tariff on the East India bark, was furnishing almost the sole supp'y to this country. Great Britain receives East India bark free, and it is from this source that we expected to profit by competition; yet, as will be teen, there is a discrimination against the foreign manufactured article of ten per cent." OFF FOB THE ABCT1C. talte a Demonstration at San Pran Cisco In Honor or the Hailing or the Steam Yacht Jeaaaette for the Aretle Sea.

San Francisco, July 8. The Arctic exploring yacht Jeannette bailed this afternoon. Long before the hour fixed for her departure the pier-heads, the ships along the city front and the hill-tops were crowded with spectators, and the bay waa lively with yachts and steamers. Some delay occurred, and it was not till four o'clock in the afternoon that the order was giien to weigh anchor. Convoyed by the steam-tugs Millen, Griffith and Rab-fxmi, and the city fire-tug Governor Irwin, and attended by the entire yacht's squadron, bearing fall loads of spectators, the Jeannette Bteamed slowly down the harbor amid the dipping of flags, screaming of steam-whistles and a salute of ten guns from Fort Point.

The Jeannette was deeply loaded with coal and stores, and her progress was so slow that it was not till half-past six that she got outside the heads She stopped a few minutes while the wife of Lieutenant Delong was transferred to the yacht Frolic. The steamers and yachts in attendance then passed under the stern of the Jeannette, the crowds on board cheering Lieutenant Delong and the expedition. The Jeannette's engines again started, and, in company with the schooner Fannie A. Hyde, which goes to Behring sea as a coal and provision tender, she steamed seaward. Disastrous PI re.

Cleveland, June 8. At half-past seven o'clock this evening a fire broke out in the second story of Denham's planing-mil'm, Scranton avenue, and spread rapidly destroy-' ing the Variety iron-works, the Atlantic acd Great Western freight depot, the two-story building occupied by Rust, King Clint, lumber dealers, and a large quantity of rough and finished lumber belonging to different yards. A brisk wind waa blowing and it was only by great exertion that the fire was gotten under control. At one time it bid fair to burn both sides of Scranton avenue from Swing bridge to the Atlantic passenger depot. The losses and insurance will fullow soon.

Extensive Carriage Factory Burned. Cincinnati, July 9. Louis Cook's carriage factory, sit a a ted in the western part of the city, burned to-night. The establishment was one ot the largest of the kind in tbe west, occupying an entire square on John 6treef, between Lao ret and Betts streets. Sam dslay was expenenoed in sending in the alarm.

Tbe entire fire department was finally called to the scene, but too late to save the The loss is estimated at one hundred thousand dollars; insurance supposed to be light. "Prince Albert" Harden his Brother Jim. Chicago, July 8. Ibis morning "Prince Albert" Jones, a colored expressman, living in the southern portion of the city, fired thrte shots into his brother, Jim Jones, wbo, though still living, cannot recover. The shooting was the result of a family quarrel, which has extended over a period of several years.

The Hottest City la America. St. Locis, July 8. The weather to-day has been intensely hot, the mercury ranging from ninety-six to ninety-nine in the shade. The city ambulances were called in requisition for the first time this season, to the service of sunstroke.

Half a dozen were treated at the city dispensary and as many more in other parts of the city. None are fatal. A If ew York Pollecmaa la Trsahle, New Yore, July 9. Pol ice-Officer Francis J. M'Carthy, who states that he went in a 8 to re to arrest burglars, was himself charged by the proprietor with committing the deed, and is held for examination.

Oue Word Covers the Advice Which should be given to nervous, slender, and debilitated persons Invigorate! Sedatives, opiates, appetisers, are comparatively useless. The system must be ballt op with a genuine tonic In order to the recovery of vigor and tranquility by tbe nerves. A course, a-rstemaUcally pursued, ot tha leading In-vlfrorant, Hostetter'i Stomach Bitters, should be resorted to by those wbo suffer from weak nerves and general debility. The stomach, always more or less dyspeptic In eases of nrousnesa and loss of vitality. Is toned and reenlated by this medicine until tha organ acta with a precision akin to that of a aieady-going piece of mechanism.

Complete digestion and assimilation are, through tbe lntlnrnee of the Bitters, foUoed by a gam of vigor and flesh, and the disappearance of biliousness and irregularity of tha bowels, where aoeb exist, as they oawuly do. Appe- un ana aieep are men regaicea. WOXOEBrtli CUASGES have occurred In thl country during the last three four years, but none more wonderful than the Keoo- lutiont in Color, produced among the HeaOt of the People, by Chrlstadoro's Hair Dye. The history ot the success of great discoveries affords no parallel to tbe triumphs over competition and prejudice, accomplished by thla powerful yrt harmless vegetable agent, which lnstantaneousl changes soy obnoxious color cf the hair into black or crown as magniaceni as an mat neaven ever bestowed upon the head of man or woman. Hanufac- New York.

Sold by all Druggists. Applied by a I Hair Dressers. A. GABD. To all who are suffering from the errors and indis cretions of youth nerveus weakness, early decay, loss of manhood, etc.

I wul send a recipe tbat will euro too, FBJU! OT CHARGE. This great remedy was dlsoorered by a missionary to South America. Send a sell-addressed envelope to Bev. Joskph T. Ishas Battion yew York Oitv.

fbee For the speedy Cure of Seminal Weakness, Loss of Hanbood, and al) disorders brought on by Indiscretion or excess. Any druggist has tbe Ingredients. Addnws DAVTOSON 7 Nassau New York COTTON GIN. CARVER GIN and Machine Co. MANCTACTUBEBS ot the Carver 1 phot an and Eel I DM Huller CoUoa liins.

Coilon iln Can- densers, Presses and Feeders. Our Condenser dispenses with a linl-room and Improves the sample. The Carver Bin la lipht-dmfi, gins fast, and makes excellent sample. The Ha Her ln, for hully. dirty cotton, has no eqnal.

agents for Amrs's Engines; also, BelUng, Shafting and Pullers, and repair Engines, Machinery and all kinds of Colton Gins and Ollmlll Llnters. asfaend for prices, we will not be undersold. 390 to 400 Shelby street, MEMPHIS. TENNESS1 JL.lVlltY. To the Public! TXT Propose to k-wpa LIVKHV during the SMiaon, and will keep constantly on band a number ot No.

1 Saddle Homes and teamsat terms to suit Um times. Urs use call. Alto will keep a good assortment of Horses and Mules on band for sals. J. A.

PtiUKJCMT CO. i i 1 I it a 5 i 1 1 Mi i i ii i it 1 in 1 1 HI i II 7 4 4 I' i i i I i.