, 1864-08-22

1a1iaLa ut the time they were made seemed
.eceesary to keep Iacs with the great pro
gtees which had blessed Chicago. but no "
they we're drawback upon them, a. it r.
qui1ed tic best efforts Of judicfous cara, in
the troublouz times Which-then vera upon
ua, lilo carry them KthroughIto SUCCESS
ful result. As We have before intimazed, ap,
Froaching the first Of July, q. truce Haa
sounded between the proprietors Of the Cur,
-cA6o TRIBUNE and the DEMOCRATIC PREss,
which resulted in the consolidation On the
dag ramed- The parties to the consolfd l.
tiep, und who berame proprietors Of the
PaFes AND TRIBUNE, wire CHARLES e. RAT,
Jossfu UEp1LL and ALFRED Cow1Es, on the
rsrt Ct TIE TalruxE, and JouS L. scR1rPs,
Wu1IAu DEuss and BARTON " SPEARs on
the part Ut tho PnEss, and the combined firm
took thu sty1s OF the PREse AND TRIBUNE
CoMPAs1. The TE1BuNE wos removed to 45
Clark etrect. tic building occupied By the
PREas. The reasols, as set forth ia the
TRIBUNE. for the consolidation, were
given at come length, from which We Gull o
few extracts:
.sThere are too many Republican papers
in Chicago. Four large dai4es in the Eng.
lisa languoge, and on2 In the German + i
have literally elutted the ne zepaper mar
ket. II is not unjust to our city contempo
raries to say that among these, the TRIBUNE
aud the Press have held no second rank Il
point OF cifculation they are about equal
To O certain extent theY have been rivals
and though both have Hberally Sustained
their respective proptietors, b. three years
trial, .have become c0cYInced that nefthe,
can Guido the other; and that so long as
thEJ both live, neither can take that rink Ia
tie sorld Of Journalism which the import
anee Ut our city and the North est, and its
oW'n mcrits, will Justify the nsw paper-the
FREss AND TE1u0NE-,a @ssaniog. 70 pat
an ED to the expressive riyllr3 which has
be1tiofo1e bsea kest up, to laY the touuda~
tons defp and strong of Pao'ic i,,urn.l,
which will become one OF the established
institui:one Of Chicago; to enable ns 70 COM
bat more powerfully, uni, we trast, mora
successfully, public abuses; to give "a 4
widcr i. .lue1ce in puhlic sfIairs, ia behalf Of
sourt morality ard g just Government, we
have become parties to the arrangement an
nounced above. We trust our readers Will
be satisfied with the chaoge."
And in the first conspli1a led Issue. or tho
day following, ths eai:ora say: "Is
is scarcely necessary to say arything
to the forner readers Of tae PREss or
the TRIBUNE, as to the political course
Of the copsotIaatedp paper. The steady, zeal
Gus and consistent support which these jour
nails have given to the great cardinal doc
tsines Of this Republican party, Is sufficient
earnest for the future"
The Press AND TRIBUNE wRs enlarged
over the size Of the previous issues by the
addition Of one column to each page, aud
by considerably Frightening the columns
The consolidation embraced the ide3 Of a
morning and evening edition, and both we're
for time issued, but the lmposs15ility Of ob.
tainirg tEleeraphic dispatches for our eve.
ming edition, owing to the monopoly which
rival establishment exercised over them,
and which 1t refu:ed to yieid, The enterprise
was finally re1inqutEhed, although It was
very deci1ed succesa from tho start.
AN Ass1CSMEST.
An important era In the history of the
Press AND TRIBUNE occurred On the 18th day
Of November, 1858. We need not partfcular-
lze the CAUSES Il uhich led to the event which
we we about to refer to briefly. We will
orlJ say TINT they are to be found ia the
financial aud commercial disasters, Whica,
svhsns,ion 81 over te.r h.1 h. % ernarisn.uS as- su
scarcely n nfrccnt;n,e ahatemen+ A. 80
,1ate usntionta fNovemh,rs 1s5S, +ha M. :.
nrietn,. f,nn1 thc-c ae1vea on,reaset, nv ~
tured necuuIar7 obliuattons which a,th,n1h
at the time the .st,h15shment had ,ags-
been 20 prosperous before. thsy foun it i'm.
possible to meet. They felt that if time wos
given them every do1iar of their ob1ioatfoos
would be paid. They thereforc ca,1pa q
meeting Of their creditors. e1nnsed tn them
the exact condition of their l,ah,litiea md
assetts. and uroposed to them tnot if an sT-
tens,on of three veara wa. ora,taa 49,
won1d nsr dollar f,r do11.- v,th - 5
cant 5ntarest Arz~ consn1,at,,., +t:S 80 -
os;tsan Tna nost noaoxnn.,. sasaS .sas p1op.
to "roa;,ora a1tho1nh ~ ths+ IT," eo t.s ~ ~
81 a1nnst -,na.-o,1s,aa saas,s.u e .sa .asts "Aa
s.n.asaoa ~ 49, sar1. m1s. ~, -. munes'
'A.ss ~, ~ a.- "en sueh .s osef-
r.. s~o1 49, t ~. - - '"1s ''lob
o47e'9eo " nm ~, tn.o1 es' " VIC o.aes pa1tne1s
tha % ~ estah,,s,nas+ I ~ "s s'a,1 tsansss ~ w. u
~" eee0'ns "As touuo W pe y A1stIe
uPma1o VI eo',oou. "nne ene hFm possessed
'lsaoie assets' In lug sasps ot type. presses,
aecoue1s, ~ "msn noulu copsloetaoly
ose1s'p t1, tnei lnuso'eaness' uut "msa. u aus
posea ~ pup1'c SUE, Hou'a ~ tna. tlme nave
t's'sn osen 1ss'.s saetIacso hon, ~ sAN 1.1e'
ahA