Dodgeville chronicle. [volume] (Dodgeville, Wis.) 1862-current, 1873-10-03

resolutions that the opponents of organize
corruption form themselves into a politics
body known as the peoples Independen
Party;" repudiates party fealty as tyrannica
rule, sinking the citizen to a servile partisan
condemning the system of using money cor
ruptly in elections; condemning all politica
rings and cliques formed to control elections
pledging the party to civil-service reform an,
to resist all Credit Mobilier contracts witt
finance companies; denounces the present sys
tenn of the distribution of lands and grants o
lands to railway and other corporations; op
poses all kinds of subsidy by Federal, State
county, or municipal governments; Opposes
the present tariffs; favors taxing solven
debts; favors the eight-hour law; opposed tc
| Chinese immigration, and also opposed to tht
election of the President for more than tern
of four years. The last resolution indorse:
| the stand taken by Governor Booth in behalf
of popular rights against t4Io encroachment:
of politicians and railway corporations.
A Washington dispatch of the Goth says
the Mixed Commission on British and Ameri'
can claims had made its final awards and con-
cluded its business one day in advance of the
time fixed by the treaty. In brief, the result
of the inquiry had been that the United States
Government pays to the English sufferers by
our late war two per cent of their claims,
amounting to $1,929,S19, while American
claims against England had been all dis
allowed.
Washington telegram of the Goth says
that the President had rendered the office of
Chief-Justice to Senator Conkling, of New
York, and that he will accept.
A New York telegram of the evening of the
9th says that the week had closed on more
cheerful financial aspect. The greenback re-
serve had been drawn down from $34, 700, 900
to $12,000,000. Clearing House certificates
had been issued as demanded or desired, and
it was thought that with the aid of these and
a small infusion of National currency the crops
could be moved and mercantile embarrassment
and failure averted.
The Third National Bank of Chicago closed
its doors On the 9th. The Cook County Ma
tional, one of the suspended banks of that
city, had announced its resumption. The
Manufacturers and Second National Banks
had decided to go into liquidation, The Union
National, the first of the Chicago banks that
closed its doors, had announced it's assets at
$5,600,O0O, and its liabilities $4,3O0,000,
and given notice of its speedy resump-
ton of business. The Clearing House AS
sociation met on the evening of the 9th,
and after an animated discussion resolved not
to issue Clearing House Certificates.
A dispatch from st. Louis of the 9th says
that the rear wall of a five-story warehouse on
the corner of Second and Chestnut streets had
fallen, opening gap of fifty feet wide from
the ground to the roof. One man had been
killed and two seriously injured.
dispatch from Matamoras, Mexico, says
that an armed party of United States soldiers
had crossed the river from Texas, about forty
miles above that place, and that preparations
had been made to repel the invasion and give
the invaders warm reception.
A dispatch from Kingston, jamaica says the
British steam sloop Niobe had arrived from
Honduras bringing the following intelligence:
General Estraba's troops, after assassinating
a detachment of Palacio's force, which was
under a flag of truce, approached the fort,
sacked Omoa, imprisoned all the British sub
jects, gutted the consulates of America, En-
gland, Spain and Portugal, tore the American
flag to pieces, and sacked the merchants
warehouses and safes, leaving them perfect
wrecks. The Niobe soon after arrived and de-
manded surrender of the imprisoned foreign
ers and an explanation for the outrage. The
authorities were obstinate and refused to ac-
cede 20 the demands of the commander of the
Niobe, when bombardment followed until a
flag of truce was hoisted. The prisoners were
then surrendered and compensation was guar
anteed.
A New York dispatch of the 2Sth says that
the President Of the First National Bank, OF
that city, had urged the immediate resumption
of specie payment, on the ground that such
action will add $60,OO0,000 positive relief to
the money market.
A Washington dispatch of the 26th says the
President had expressed his determination to
to Congress the adoption of
system of free banking. The Secretary of
the Treasury had ordered the anticipation of
the payment of the November interest. The
following letter had been sent by the Presi-
dent to the parties named:
EXECUTIVE MANSION, Sept. %, 1878.
Messrs H. B. Clafin and Charles L. Anthony.
GENTLEMEN In response to the views you have
communicated as to the using by the President OF
currency to restore confidence ana NgeilnaSe na.
municate the following: The Government is de-
sirous of doing all in its power to relieve the pres
ent unsettled condition of business affairs, which
ia holding back the immense resources of the
country now awaiting transportation to the sea.
board and market. Confidence on the part OF
the people is the first thing needed to relieve this
condition and avert the threatened destruction OF
business, with its accompanying disasters, 10 all
classes of people. To re-establish this feeling the
Government is willing to take all legal measures
at it's command, but It is evident that no urgent
efforts will avail without the active cooperation
of the banks and moneyed cor @corpo1atlons p OF
the country. With the $14,C00,O00 already
paid out in the purchase of Government indebted
ness and the withdrawal of large deposits from the
Treasury, the banks are strong enough to adopt
liberal policy on their part and 6y general sys-
tenn of discounts to sustain the business interests
of the country. Should such course pc pursued,
the S44,DOO,O00 of reserve will be considered as
money in the Treasury to meet the demands OF
public necessity as the circumstances OF the coun-
try may require. Close attention will be given to
the course pursued by those who have the means
at their command of rendering all AID necessary 10
restore trade to its proper channels and condition
With view of Strengthening those who carry out
the measures above Indicated, orders have already
been issued for the prepayment OF interest," accru-
ing in November. u. S. GRANT, President.
The Right Rev. Geo. NJ. Randall, Episcopal
Bishop of Colorado, New Mexico and Wyom-
ing, died at Denver, Col, on the 2Sth, of
typhoid pneummia.
A dispatch from Denver, Col, states that
over two thirds of the mining town of Fair
play, Col, had been consumed on the 10Th.
All the stores, printing offices, the United
States Land-O Office, POST Office, Express Office,
hotels and other business places, with two or
three exceptions, had been utterly destroyed
A New York telegram of the 29th says the
situation in finance and trade had become al
together more hopeful and cheering, not only
in that city but in all parts of the country.
The money pressure was being gradually
overcome; there had been a large advance in
the price of dividend-paying stocks; business
had greatly improved in the produce market;