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The Inter Ocean from Chicago, Illinois • Page 1

Publication:
The Inter Oceani
Location:
Chicago, Illinois
Issue Date:
Page:
1
Extracted Article Text (OCR)

i VOL. IX. NO. 241. ZJLX)XS' DRESSES.

MMCOlfllEIlY, Vo. 7 JSas Sixteenth St New York, Begs to inform the Ladies of Chicago that she will open in the Parlors of the GRMD PACIFIC HOTEL, On Tuesday, Wednesday, Thursday, and Friday, Dec 28, 29, 30, and 31, an elegant stock of Imported Ball, Erening, Reception, Dinner, Carriage, and Walking lWIUIMIDi (from Worth, Bodrlques, and other well known Paris houses, imported especially for this Opening, and which will be offered at less than cost of importation. Ladies will please present their own cards at the door. IRON AND STEEL WORKS. liMfHMlCAGO nn: lauiiillg hud coiiPAinr.

tmwiiim 1SST. Capltmi; 3.0OO,OOO. at Chicago, HL and NJIwaakeeirb. MERCHANT BAR. FISH PLATES, PIG METAL, Iron Rails Bessemer Steel Rails.

TOTAL CAPACITY OT THZ WOBXS. Ten 11 SO.OOO tons Max chant liar toaa 1 1 tou Iron Rails KO.OOO toss bteoi It.tH OO.OOOtoas Total. 0,000 tana tlron and ml oil the Beat Quality im fuimnrx i Ur mm fewlHM Mi rV 1 for the nrodnctioii of viu tu Mono, An, tha o.ual patterns of Balls and rti Ban wire of Merchant Bar supplied on abort notice. NoV Kwwoi ervperuu aisee 01 jsercnaatiron wii aula to order. Prices made for M11L icnudrr.

on 1T Metrapolltma Block, Cbloace, tlLi SI Atiaehall Block, MUwaakM, Wka. O. W.FOTTJCR. Prealdeat, ChJoae o. P.

BVTW.Vioe PreaideoT, N.wbwUorA. 8 CliMEST. Tre rarer, Mllwsakaa. H.M li a H.bacretary. Chicago.

G. SCAHBOROUGH, gawaartr at fftiriniiattj UlttorneT and Counsellcr at Layy, 91 POBTXAHD BLOCK. Oar.Pjaaiuaad WaaalDrtoa atraeta. Vcelled la the production of Best nUH STEEL Cactria Patent Joist Fastenings A SFECX4X1X Hatl8Sontli4UiSL, PhlladelpMa, "Or tKaTftoVa, JOHNSTtTlTlC, PA, XXAS PIPE. SHEET IXAS, ETC B.

W. BLATGDFOBD MAKTJTACTUBZBS OF Lead Pipe, Sheet Lead, BAR AND PIQ LEAD, CLOCK TIT? PIPE, SOLDER. aad Tin Hbaa IMmitmd. ad Prices' Eenails. HOT ANTED.

A Good Coy to carry The Inter Cccaa on tlle II II Ilill PIANOS A1CD ORGANS. II upiuGiiTPmnos From Among the Thousands Of taatlinonlala la uur won Id eaU atMB Uom to ttnr of tba moat notad oamaaof Uarman niaa tora whom Tro(eMional opinion, atand for tha WiiH JiT MODKRN AlTrHOKJTK ia moato. They Bara.br AUTHUNT1U tettara in our poaaaaaroa. plaoad Dual Piano, a. tb.

ideal of a varfeot ia.trani.nt, a act known and acknowladjfad by tna laarlmg artuua is our own country i rtUNZ USZT. LBirRTEB. TUEU. KLLLACK. JOS.

i. kKII'IlKUDT. JIM. (ilTNtiLK. IikVKijL.

JILK1K WERT, V. 3. NKJX1SSOK. KT. SOVHKE, 7' H.

C.M'HLKIMTZ, A.VUitiU'lwtH. ACQ KOatll Blfl. And tw hmndrad bara. Tba Planoa tna. tBdoraad by tha rXjUacUra ceatna and author! tin.

of tna world Buy ba found ia larva vartaty. tottatnar with the bnonintrer A Kimball Or irana. and Ui. lCmaraon. almhall.

and othar llanoa. at the wararoom of w.w iaiimAiiL, Cor. State and Adams Sts. A COMPLETE ASSOETUENT OF THE FIHEST WmUlIEHTS IS THE WOULD! At the Lowest Possible Prices. Behning, Miller, McCammon.

and others. Baner' aM' Ht3i''IiifiiM Orcoii AND TERMS to mit all pnrrhaaarm. Xrary inatrnment rally warranted for frra yaara. Importera of Moaical MtacnanoiM. Band Inatrtr Beata.

Ana Viollna. and Btnnita a aparrtalty. Pianoa taken on atoraira. Pianoa tuned, repaired, and poHahcd. Tha beat workmen employed for the different branch, of rapairins Of ail lunda Of Mnalrml llliutratad Catalomia aant fraa.

JULIUS BAUER CO. 1815 184 WABASII AY. riCTOMT 1S5. 197. arid 19V TwwBfy niatk at.

eorner feTdTirtnn irr ffev Vork. PROPOSALS. PROPOSALS MEAT, BREAD, AKDfflLK COOK COUNTY. Sealed Proposjja wrfa be recdred opt 12 o'dock va. MondAy, Jtm.

8, 18S1, for All the Meat, Bread, aad KIHc required by Cook County for the year 1881. Spedflcatlons irffl be fiuvlshed "by the Committee Clerk, Boom; 43 Merchants' Building, a'applleatlea. All bids must be aeeonipaiiled with a bond ia the bub or 1,000 with at least two sureties guarAnteeing the acceptance of the contract If awarded to the bidder. The Board of Commissioners reserre the right to reject an? or all bids. All proposals mast be Indorsed proposals for either "Meat," "Bread," or "Mflk, as the ease may be, and mast be addressed Board of County Commissioners, Boom 4 Criminal Building.

By Order of the Committee on Public Serrke of County Board Cook County. i PROPOSALS rt)R BACON. i Orncu or Ptmraaarira in DtotO. Jioa. and 4 Ear Wakhjxotoh ttrus.

Chk aoo. IiL. Dec la Bealed propoeaU. In dupUoate. to tba nana, eonditiona.

will be received at thia office until 19 o'dnck p. m. on Thamiar. the SOUi day of December. IrtriO.

at which tUna and pUoa tbey wiif ba opened tn preaenca of each biddera aa may be piaeuugfor fur ni.biug' to the Hnbautence Department of that; a. Array the following arudea. to he delirered on or before the XOth day of January. IrtfU. ataneh piaeea la tui.

eity aa may ba deaijmaasd by tha nndendimed 12O.O0O pound, bacon, ahori clear aidea. medlnm OiirkniM. arelcrhitie rmm MA tt Ait Minimi. i erep tUnuro winter rat andeared, well amoketi, put hi u. mmmm mwi pvn nua aet.

aaon piece of meat to ba wrapped la new eottoa cloth. Blank pmpoaala and any deaired further information Will ba funnelled npoa application to tha nnderaimad. J. W. BABEiUER.

Major and C. 8, TJ. 8. A. PROTXSSIOITAIV R.

G. SCARBOROUGH, OaeanaatA) Attorney and Counselior at Lavr. SI PORTLAND BLOCK. 1 Cot. PerrbOTB and Wa.Mnfgton rr! yS7 FAIRBANKS UL.

SCALES aaj A 7 7 fS JuamikaStCUeaco. atatrafaltobwraeilrOiaOanuiaa. TO EOA1T. S100.000 TO LOMI rooor MonrT ready. KaoalAr.

UhwSKY Kl. 1 174 IjtSaTIa hmrr, lflfo a. CATTJT. for are iittli! box.by xpre. of 1m lu t(t si C7': CHICAGO; WEDNESCDATT JIOENTyO; DECEMBER 29, 1880.

SKIRTS. AT fill Ell Dfjr i Lladison PeoriaSts. IV 1,000 Farmer Satin kirts, richly quilted, $1 each former price, $2 1,000 Handsome Flannel and French Felt: Skirts, Silk 'Fmbroidered, $L25 and usual price, $2.50 1 One lot of extra quality, Felt Skirts, handsomely trim med, good value at i One' lot of very fine Silk Quilted Skirts at $3 and $3.50 same goods sold last' week for $6 and $7 500 elegant Satin and Silk Skirts, richly, embroidered, $4 and $4.50 each; these Skirts are less than half i NEW YEARS AIFTS Jr Manj Genuine Jewelry KoTeltles' reaching us too late for Christmas Trade, In order to close them out, win be offered DOWX LOW for "Sew Yeart GIft8. Hamilton, Shourds STATE opposms MI7SIO STATIONERY. ETC Betafl Stationers and Blank Book Manu laetarers, 120 MONROE ST.

BLAffi BOOKS forfcMWYniR 1881. DIABIES. 1881. New Year Calling Card. New Year Gift Cards.

I 1881. 1881. HOLIDAY FAXC1T goods. HEW YEAR'S CARDS. MEW r.

la XJABitlaaa Tarloty atT 122 DEAR CORN ST. BOOKS AT COST. id conisequeiice of the death of Mr. XYm G. Holmes, the large and well selected stock of JJOOKS on hand at 77 Madison stviyill be sold at cost for cash.

A Purchaser for Stock and Fixtures and rood will of this old established business danfred. HATS. GentafDres SiUc HatnBroadway Etyle, Superior Quality, on harut 'f1 A1 will Ay THE PITH OF IT. Tba temperature In this city yesterday was'12 degrees below aero. At 10:18 o'clock laat nlxht the thermoinater regta tered 0 derroes below sera BeporU from the weather bureau show that at the samo hour it was 13 below at Neb, 17 below at Duluth, Xlnn.

IS below at Milwaukee, 19 below at Wadlaon, Wla, and 22 below at North PUtte, Neb. lines to Fort Garry, Mail are down, and the temperature there ooold not be aaoartsiaed. Twairrr degrees below sero in. XAnhaU town, Iowa, And 'not a ton 6t ooal tor saIo In tne.dty. Ia the Paris Figar Emila Sola ilenonuoea Orery and Gambetta for taking' ao much Interest In the reoent BloaAon Tlg nauz match.

Be says they snap their fingers at Uterature and adore It now denied that elaborate military preparations hare been made, at the Quebec oltadeL It appears to be a natter of some difficulty to do buAtneas with the Sioux chiefs now in Waahlngton. The abject of their Yialt was to negotiate with the railroad which wish to extend tracks across tbetr reservation, but neither Secretary Sahara nor Assistant Secretary Bell hao auooeeded tn perauAdlngr them to make a definite proposition. Tbey told the former yesterday that they should demand the modest sum of $7,000,000 for the prt rOere, but would sign no agreement or treaty until the dispute about the boundary of their reaer raOon should hATO been settled. He declined to iawiaa that questloa with them, whereupon they placidly filed' out of the building. Dmtaict Armassi Phblps, of New York, Is reported to be dying: Asthovt Daxntna, of Wheenng, W.

Ta, died yesterday at the age of 83. He was, ia hiSTOunger days, a soldier tn French army, and took part In moat of Napolean'a great battlea He was one of the few sur. TlTors of the Old Guard of gtorlous memory. Jotni Bhaw. of Glen Falls; K.

was shot dead while alttinjc at his winoow. Tm stockholders of CUicago, Burlington and Quincy BaOroad bare authorised the consolidation of a numbr 'ot connecting roads with the mam hne. Oub rpeclAls indicate that the volar ware distributed itself impartially all orer the Northwest, Av American consular agent has dis eoTered in Asia Kin or a mysterious kind of larra that appears within the'erysts of locust eggs, and thereby prevents them from hatching. He has sent some specimens to the Agricultural Bureau, in' the hope that they might be of aerriee in the grasshopper regions of this country. Thomas XcCaw, who was shot by an ex bartender named William TajIoc, ia this city, is dead.

Da. J. W. Adams is undar if lest en the charge of swindling Charles riuibart, of Oxia nell, Iowa, out of 4 Tan New Xe xieo authocftiea haTO sue eeeded in breaking up the gang of outlaws who. under the leadership of "Billy the Kid," hare made themselwes a terror.

Two were killed and four captured and lodged in the Los Vegas Jail. The captora had great diffi culty In removing their prisoners to Santa re, as the dttsensof Las Tegss were determined to, lynch them. For a time it seemed certain that a desperate fight would take place, but a compromise wss fiitaQy effected which prevented bloodshed. Br the collapse of the roof of a crowded church in France acreral persons were killed and fifty or more wounded. Is an Interview with a Brooklyn reporter; the Hon.

Winchester Brltton, Mrs, Bprague's eounsel in her suit for divorce, denies that the celebrated Csnonchet scene ever took place. There was no shotgun on the prem ises f. Tax French Assembly has closed its session. Tex suicide of President Anderwent, of SwitserlAnd, Is sttributed to temporary insanity. 1 Cattaiii Patkx, leader of the OklAboma raiders, has issued a secret circular to members of the association notifying them to be ready to move into Indian Territory at a moment's notice.

The Intention' is to get together quietly a force of five thousand settlers and move suddenly to Oklahoma before thejtroops shall hare discovered their rendes toua Some of the colored Mexodustersn in Kansas are Decerning interested, and talk of Joining the raid. Tha Egyptian budget will show a surplus of $353,000. v. At ml thrill Ta, a white man named Dunn got Into a difficulty wih some oolored men who had met to organise a military eompany. He shot two of them dead, cut a third so badly that he win probably die, and Inflicted less serious wounds upon, several others, Dunn Is now in Jail at Williamsburg.

1 Tbb statue of General Philip Kearney tn the military nark at Newark, N. was nn vePed yesterday. r'. A OOUXSSOS oaemrrA nn' QImIihH 8andury and der eland Ballroad, near TiiQn, Ohio, between a passenger sad a freight train. The fireman on tne farmer was Allied, sad' several other train men were hurt.

The engineer of freight train Is missing. Gals; the English pedestrian who under took to walk 2,600 miles la 1,000 hours, broke down yesterasy after having eovered 2,233 miles. EvabT the French billiard experts condemn' the decision by which Slosson lost the international match. i WlIXIAat SWXXXBT, A 7 Chicago husband, struck his wife on the head with some blunt He is now in Jail awaiting, the result of her injury. 1 Tax Buaatana have had another fight with the Tekie Turcoman, bat the loss on both sides was slight, Ths Ohio Etate.

Car Assc laiBvUB snd i a 1 3 1 i 1 a met a Co 3 err.ead '2 tllja diciary of the A banquat was given the members In the evening by the Franklin County Bar Association. Haxar Btaaob, a wealthy farmer of Specht's Ferry, Iowa, Is under arrest for bigamy. Be hss two wives living tn the neighborhood. Tsoonxa Is brewing in 8ooorro, N. X.

The Sheriff refused to arrest the "murderers of Kr. Conklbcv whereupon the IndlgnAnt dtl sens Arrested the Sheriff sad four other men. Including one of the assassins, aad now bold them by force. of men are arming at Albuquerque, and other places In the vicinity, to attack Socorro and rescue the prisonera All the wocnea and children hare' seen removed from the town. And the crfHrane are prepared to resist the attack, A company of troops has been ordered, there to protect public property.

Bloodshed is imminent, BrxWis Haaabtxickxs, a ChlcAgo Board of Trade man, committed suicide Tn Governors of the Turkish provmces have been instructed to forward half the revenues to Constantinople to defray the expenses of. the present military prepara CSAjaarooa, Ksaa, Celebrated its 2SOth anniversary yesterday with appropriate cerv emonlea Cist aw. Turkiah diplomats advocate the submission of the Greek frontier question to neutral powers, such aa the United States, Belgium, and others. 1 aaawawaaaaawaawawaaa. Tax contest for the Kiohigaa SenAtorship Is waxing warm and interesting.

There will be two election will be remembered that on the death of Senator Chandler, Governor Baldwin was appointed to fill the vacancy until the meeting of tha Legislature. The term win expire on. the 4th of Xarch, and the Legislature win be required to elect a Senator for the remaining two months. The choioe wOl undoubtedly fall usoa Kr. Then wUI coma the election for the aew term, for which the real fight wQl be mAde.

The candidates are Senator Baldwin, ex Governor John Eagler, and Congreis man CL Conger. Our correspondent at Detroit has drawn excellent pea portraits of the three gentlemen. Ills letter is published elsewhere is this isaua Tax Bev. Dr. and Xra, raeeivad their friends At the Sherman House last erea Ing." i i A afAss meeting at London, Ont, 'protested against the proposed subsidy to the Cansrtlsa Psclfio Bail way, and recommend ed the oom pletlon of the Saalt Ste.

Xarle branch. A 8 wad isa fisherman who lived alone oa Campbell's Island, near Dubuque, was frozen tof4seth Xonday nipht At the Cabinet sassloa yesterdar the of Cadet Whittaker was under eoiksideratioa. The impiessloa ssetua to be tnat he will not be given another chance at West Point. trial of the Men traversers begun st Dublin yesterasy. paly, eighteen jurors responded to their names, From these Jury of twelve was selected after mach diffi culty.

Eight, of the number are Catholics, three Protestants, snd one Quaker. Chief Justice Xay declined to preside ia the court; owing to the I se uterpretaxioa which had teen placed upon his remarks oonceratnr the traversers, therefore the trial proceeded with JusUocs Fitzgerald and. Barry eat the bench. i i Aacxtaaxo Foaass, the Fngiish war correspondent, "was entertained at a banquet last evening by the Toronto newspaper men. i A WABCxzsa train oa the Iowa Central Bond went through a bridge Xonday sdjrht, The engineer, firemAa, and oonductor were injured.

1, Kj. A qcAATKaXT dividend of Us per cent hss been declared on the stock of the Chicago Chamber of Commerce. Thaax brothers at White Sulphur, Xy at tempted' to km their bsother la lAw. The latter is seriously wounded, aad one of the brothers Is deed. 8prKxrsTAAiasr Basastt, of the Fire Alarm Telegraph Service, hss a new project for lay tug telegraph and telephone wires aader ground.

A 1 Ad Tiers from some sections of New Tork Stste that the recent storm, was the se verest experienced there in fifty year examination of Edllberto Giro la the Christtancy divorce case has been concluded tn New Tork, but his testimony ta kept a profound secret. Oa Xonday afternoon Giro was arrested at the instance of Charles L. Blood, who charged him with false Imprisonment and malicious prosecution. Blood having been ta Jail twenty four days en Giro's accusation of swindling. Is is claimed that Giro's arrest was part of, a conspiracy to prevent him testifying Against Xra Chria Inc7', i 1 Tax Bar.

Cakov FLXJfrso, rector ofBAina akliL County Gal way, was fired 'at by aa un known man, but was not hurl In' the County Tipperary a policeman was wounded by a shot from behind a hedge, i Foes laborers hare gone to work, for Benoe Jones; the Boyootted" Fngllshmaa Adttcxs from South Africa report that the Boers have Utrecht, They occupy Heidelberg with three thousand andPotchef stroom with six thoassnd men. British troops sailed yesterday to retaforoe the colonists at the Cape, Tax Chicago Bar Association enjoyed its seventh annual banquet last evening at the Tremont House. MOVEMENTS Or OCEAN STEAMSHIPS! Krw Tobx, Dec 'Sa Arrived, the steam shin Citr of Bristol, from Liverpool. Uax Dx 28. 9:35 a m.

Arrived, the steamer mDernian, xrom urerpooL Lokdon, The steamships City. of Blohmovd. from New York, and tne Bavarian, from Boston, have arrived out. Quek stowh. Deo, 28.

Arrived, the Erin, from Kew Tork. New Yobk. Dea 2a Arrived, the Waschol ten, from fiocteraan. Bpenel Tukaiam to Tha Inter Own Mxw Yobs. Dee.

S. Tne steamship Persian Monarch, of the Monarch Una, wJch left here en Tharedav last bound for London, retarned to pert this Afternoon leak lor bedr. lier sister easel, Aaarriaa Alonarcli, bore compear. Fhe was also bouod far London. The Veraian Xouarch had 271 head of cattie oa board snd ceneral csrstk, liow much it is dam red is not known.

A enrver will be held to morrow. The AaerTian Won arc reaniaed ber vorare. gt Deo. 26. Axairad lne Illinois, from hhadalphla.

Halt a bottle of St. Jacobs OO, writes EAacl, ct TocEstown, Ct'. red tjr Vho for jr til a iruv SCHURZ AND THE SIOUX. Another Daj of "Heap Tal 71th oat Uoming to Ag ineiit. i i Speeches of the Chief on II 7 VLnU ters and Their Line.

IV; Tba Secretary Says They Caimot Have 1 a Good In WasMiigt(m Mucn Longer. DUuer Capital Hews Opposition to tb Proposed, Tttne Per' Cent 1 Bond. The Secret of Geaeral 0. 0. Howard's Appolataseat Cemplalalar wnl Bepoii of Dr.

ITcMnitia on the cf Beet Sarar in Fraaoa Ficts i i sad Ciakn. BCBMJLZ AXZ THS siotjx. tax bscaxtast's xsTfiaia, Spaetal Tatasraaa to Tbe Ia On 11 WAsanaoTos, Dec. Secretarr Scharx met the Sioux this morning, and proceeded to stste In a brief and concise way. that they were here to enter Into aa arrangement for the construction of two railroads across their reservsttosv As be was to attend a Cabiaet meeting at 13 o'clock; he wanted them to state exactly whatever they had to SXOV XATIOX arose aad preeeated the Secretary with a pair of aew moorssias and a tobacco bag; with the compliments of th season, which was neatly acknowledged by Schnrs ta a brief speech.

warrx swax made a speech la which he denied ta the aame of all other Sioux of the Cheyenne Blver Agency Jthat they ever signed any each treaty as wss read to them as treaty of They bed been made victims of interpreters, who sold out to the whites sad deoeived the Indiana If the white aasa loses fifty cents he must find It again, not oa account of its value but because it Is his; aad If anybody owed tho white maa anything bo wanted it to be paid. The Indiana now hare but little land, aad what they have they wQ hold on to. said the Indiana are discouraged, owing to the continued swindles upon them by the hits tba sxcxsTAST ssarrxpxD warn swax that it was railroad busineas, and not reservation lines, they had been seat for to consider. it 1 wbstx swax xxruxn that they had hoped to get thetr borrndary lines fixed, but be. now bellevtthey were going to fill in that.

If It wss narcssary for bim to say how much they xrould charge the railroads for crossing their lands, he would ssy $7,000,000. A XIO TOM. The Secretary asked If he knew bow much $7,000,000 wa White 8 wan answered: We know enough. Ittoablgptta SXQ 1CAX also made a long speech about Indian lead troubles, and agreed that the Indians are dlaoouraged. But he said they would not sign the agreement for the railroad to cross their reservation unless they could first hare their boundary better defined and a map drawn of it, AATTtrso xra spoke ta similar terms, and, la conclusion, said tbey would go borne without signing unless thwy.eould have their reservation fixed.

OOOO AfOSXXXO. The result was the Indlsns arose aad eonv menoed to walk out, when the Secretary sent for them, and made another spa sea oa the advantage the railroad would be to them. He told them, as he arose to go to the Cabinet meeting, that he wanted to know very soon they proposed to do. as they could not be kept here ia Washington Just to have a good time much longer. The conference was then adjourned again.

aacaxTAXT acBuax at xxs tha root that the Indlsns were brought here to sign aa agreement with the railroad own pantos aad not to talk about reservation hnea. The Indians Insist that nntQ they get their boundaries established, taeu cannot know how tar the railroads would extend through their. iseeiisUoa. They all renounce the reservation boundary aa wrong: TJMITD STATES BOHDS. AT aOTT OX CrT AXST.

Special Telerrmni Sa The latar Oocaa. Washzsotox, Deo, 28. Investors tn Totted States bonds have come to think It rather a favor when tha Secretary of the Treasury antwfpateo the payment of Interest by a tew dsys without It Is scarcely known that, by authority of Congress conferred as far back aa 1604, the Secretary of the Treasury is empowered, la his discretion, to an ticipate the payment of interest as much 1 one year in advance, without rebate. At tho time this authority was conferred United States bonds were not so high la the money markets of the world as they are now, aad Congress deemed It expedient to offer every inducement to tempt investor Of course. no such necessity aow exists, at a time when the United States can, without any difficulty.

float a bond at par at a rate of interest as low. If not lower than any oountrr In the world, but the authority to anticipate Inter est still remains with the Secretary. The United States "Government is now ta a post tion that It can obtain aa unlimited amount of money oa Its own term. Soma uoubta are expressed la financial circles as to whether TXX XXW TESTS KX CAST funding bonds can be placed at par, but expert financiers bare no doubt whatever on the subject, aa the bonds are made to run for a sufficiently long period. British consols.

which are supposed to run indefinitely which boar 3 per cent interest, were 99 at the latest quotations, and a United States 3 per cent to run not less than fifty years may be certainly anticipated to' command par. Evidences have, towerer, accumulated here M'itta tliS last two weiVl cf a vriierreal 'calaf V.ic: TTHOIiE XO. the placing of a government bond at leas rate per cent, as is seen twtt plainly that a permanent reduction of Use rate of interest on government aeeuriUes moat inevitably tend to reduce the rates cf interest on money snd commercial tranrae 11 on a wrougnoat tne wnois country. i.nm savings bank interest throng boat the eounw try is ennolng perhaps the most eoncera ia this subject, TXX SAVTSOS XAXXS generally psyaa average interest to their depositors of 4 per cent, Kext to real estate, inveauaenbt, the balk of their deposits are held in United btates ao can tea. and ther hare to take per cent on those, of whiua there is tittle doubt, then depositors must be content with the same rate, or the savings banks must seek new channels ia which to put their immense aocumulauona, and ta this event probably run risks which it would be better to avoid, la the event of the passage of the new bill authorizing the issue of three per cents, it is understood that the Secretary of the Treasury will aupoiet that there snail bo ao aatnority for the quarterly payment of interest.

There are now about 000,000 of 5. 41 and 4 per cents of what are called tho funding loan, oa which, tha interest ia paid quartorly. Thia entails an immense additional labor and expense la. the Treasury LketMUtment In fact, lust double as when the interest was paid ssinl snnsnllj'. and it has not been ascertained that It ta any benefit or conwenieooe either to large or' small holders of bond XXFUADlHGt TXX XASUX.T OX STOCK leT elntar aarxoTox, Dee, 23.

A rule having bees adopted by the House to limit the debate to one day upon the funding bd makes it certain that It will pass the House at once after. OoBgrees convene It Is intended to peas tt and get it oat of the way without mach effort to amend or certain' portions of it that are considered objectionable, but wOl put the burden of this work on the Senate, where It is believed it will undergo consider able tinkering. Whatever assy be done with the MB, it Is believed that the rate of Interest wOl be put at 3 per oent. If this is done, aad one third of the oebt falling due is refunded at par ta the aew bond it wQl practically make tnis the standard rate throughout the country. If thai is accomplished it wul easily be seen that ail other good securities draw togs higher rate of interest will be proportionately advanced la value.

After tne bill paeans, provided the effort to float tho new, bond la successful, it win be seen that the 4 per cents will be worth about Li Tolilaa trste: Five hundred dollars will buy four, one hundred dollar bonds at 125. An 4 pes cent Abe interest oa this amount will be (Id per annum, rive aanarea doners win pay five 3 per cent bonds at par, aad the laterear will be $10. leaving a balance of fl la favor of fours at the price named. COXOB ESS. WOAX AFTKX TAX BOUPAT Special TeUsrsai to Ths IaUw Oraaa.

WAsaxxoTOX, 2S. It ia tntended to heve three or four more of the appropri. TJoa BiHa ready to report at oaee npoa the assemblage of Congress after the Four have, already been peaasd by the House, aad a fifth, the army bCO, caning for" 930,000,000, has been reported. Both per ties manifest haste in desiring to dispose mt thai routine bosineaa, because neither de sires to be held respoasiole for aa extra sea stoa. It Is thought by both that tt Is not st all improbable that something may transpire to make It pessary, sad the Deeaoerats already frequently remark that If it Is the Kepuluiuaqs will be responsible.

Oa the' Char aaad, the I eeubUcane point to the tact that ths oniy otxtracttoa. ao far to btr mm has 1 jU.iL vl nooa the action of the Democrats tn trying to force to passago ta electoral count resolution, wmea Kaey sen justified in the Ught of the recent clorrion ia STIT APioixT arx. 1 fe tbs Tatar Washxxotox, Dee. 28. A rood deal of sur prise was manifested, in Washington at tht appointment of General Howard to the com mand at West Point, tn view of the fact that, a few days before It was done the President himself told Howard that he had decided not to place turn at the academy under pressure from General Sherman aad Secretary although he had bsaa samaeaned to Wash tngtoa originally tor that purpose.

It leaks out aow that the President persuaded to act vpoa hie origi nal instruction by certain of the stalwarts ta Congres When It was announce through the press that tbs PresA. dent had yield od to the represenLatiana of Schoneid's tri ends, that tho change from him to Howard woald be toe abrupt, they went. to ths White House and toad Hares that the country demanded Just sua A a change, and that under tne present ooadi tioa of things a oolored boy xuight aboat as well be in the abode of the lost aa at West Point 80 much eeUnsr had been aroused that if any half way measures were attempted, the institution was ia imminent danger of being wiped out. Braced up this stalwart backing, the President decided to do aa he originally intended, and put Howard ia commend, hat ax. vmexka.

xxxxa. u. atwgiatTrttrra toT ala aaxxosox, Doa 2S. There are evidence of a revival of the discuasioa as to the right to restore officers of thefnavy fromwhich they have been dismissed or retired )Eith the same rank as they would have had by legitimate promotion had they, never severed their connection with the service. It Is.

claimed that this practice Is being Abused. It is not only la restoration of mea who have been dismissed la' punishment for some offense, but it is urged that aa officer of low; grade resign, engage ia soma more lucrative for a number of years, aad then, through influential friends, come back with the rank he would have had by serving bis tint. This, tt Is urged, is a wrong to those in constant setiioe, aa the advancement of such persons sets oC hers back Just so mach la the way of promotlon. 1 LABSHOPPaX BSaZOXaV XXTAXSTTSO fact timail T1I11 i Wasstxotox, Dea 2jSL The Consular Agent as DardaneUea, tn Asia Xlnor, Xr. Frank Coi Tert, has transmitted to the Stats Department under date of Oct.

6, last, a jcrt apoa the locusts that ravage that country. He describes a mysterious kind of larva, of a moth unknown, that appears withia the cysts of locust eggs, which it feeds upon, and thereby destroys the obnoxious r. Ee jjHfe some specimens uf it forthe examination of the Agricultural Department, with ths bCpe tnat it rmcht befannd bena ftcial aa aa article of 1 u. rort1a Lue rraao bopper rejnona 11 says tCuxia tas last year VO per cent of ths Kv ats been destroyed by the aew i. Tuh.

MMCSTXH't AXTOAX Special Tiilt i.is to Tba later Or.es WAsrrnfjTox. Deo, 2i ITc ilurtrie. of the Agricultural Departmeut, complet 1 iis retxrt on ths manufac: fr. i beet la Tr? nee, la i 1 I ir i i i.

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About The Inter Ocean Archive

Pages Available:
209,258
Years Available:
1872-1914