davidaulloa/AmericanStories huggingface dataset:
, 1876-02-29
THE ST. LOUIS MAYORALTY.
Mr. 1ritton onatsu, aud mr.. OrerstoJs
Put in tie OfGtce-Grxmaa Snsisfuc.
lion 'EA Agr8ufs

Mr. 1rttton 01Rtsu, and mr.. OverstoJa
Put in tie OfEtce-Guxmaa snrissnr-
si1u 'rhcreufs
Sp<etat Diapa'ch to Vhs CAteaos TRIBUNE
St. LoulH, Feb. 28.-Fae German elsmont n,
St. Louis Is oxultant to-n>Ht over the trinnnn1,
Of Uyo1stolz. thcie fayor1to In tho Msvorait,
conteBt. There is fearful dos.ruotion ~
"lsgor-beer" now going on. 8<4eral l,vs .u,
1t mas appseheuded that thoro woud he sons
sio!ous demonstration at tho term!paton nj N.
contess, but Dritton' aud h1a adhcran.s hays
gracefully surrendered, and ttke no fnrtho,
interest in the proceedings. ILs suppars :.
i}rittou By Ills friends has not been
worry enthusiastic. Much WAS expected of him
when ho Was olocted alAYos. but tho ohsraster os
Ills RpEo!ntmenta has disguated bib allies. Ills
final dofcat Is dountlusa ~ much duo to hlR tm-
polItlo coursc Biucs htH possession OF tue oifice
IN 10 anything alse. Thcr' Is strong lmnret
nio, hero that Dritton has not had !, proper hear
ing before tho oontts, though nnnody seeus %
bo rery sorry about It.
ST. Lorts Mo-, Fob. 28.-Iho Huprono Q3ush
to-day sotusod to giant the wrls Of eortorA:t IL
solz. Shortly aftar the decIa.n Nas annonnnoa.
lin, lin si,st' thc courts b.sing decllned to 1evlev
ths astton Of tba City .;ouncil, the cuntess ter
miuascs 10. his fave. And ~ thriteen} Nou!d
withdraw f1m te o e ,hs dusg o
E,ssds,s ssr. at !. th. l'''F .yos a's osa aSsh
when Hr. Brttsn turned over 70 Oyesstolz
tAo sl>,okB, documents, etc bol,nging 10 tho
o1loe. aud Alter bgief speeches. u mh!ch both
statod that their personal fsl.ndship had not
been diatusaed by reason Of The contest. Col.
B1itton withdrew and Ms. Ov4rstolz proceeded
to transact the hualnesa OF lis Office.
, 1876-02-29

We place no reliance upon the reports TINT
Mr. 4. @. HEsrsa has fed to Canada to avoid
lis trial upon tho indictment charging him
with completely in tho whisky frauds. b1r.
IIEs1So is anything but coward. 1Io has
not Jet been proved guilty Of conspiring to
defraud the rovenuo, and ho is not yet ready,
wo believe, to advertise his guilt by running
away. To man Of Ills temperament, 90
journ in Cnnnda under the disgrace Of admit
ted guilt would scarcely bo preferable to in,-
priBonmont at Joliet, and he could certainly
take no comfort as fugitive from justice in
Europe among the friends and relatives
there who hnyo hitherto hold him in hi gh re-
apcct and honor. Although having frequent
]y felt called upon to condemn Mr.. HEs1Sos
political nots, We arc not willing to bolioyo
him guilty OF internal revenue frauds until n
jury has 80 decided, and We fully expect to
eco him appear in court when Ills caso is
culled next week.
, 1876-02-29

Ono Of the most interesting features Of the
fourth Of July celebration in Philadelphia will
bo tho unrciflng Of niuo pseces Of satuasy in
various patts Of tho Centennial grounds. They
aro: ~ "Rellgious Liberty" u marble group.
70 feot higb. by tho 1Io brew sculptor, II. Ezz-
uEL; {2) "CoLuxnus," In marble. feet high.
nov being finished in Italy; (3) "I1unnoLpr, .
blonzc, 0 feos high, by Prof. DRAKE. OF Berlin;
"a Emancipation" marbio group foot high
(5)"Dr. W1ruEnsroos To- "rho American
Soldier" a colossal fountain in bronco, 18 feet
high. by nERTuoIp1; (7)"A Fountain" nasbto
group. IL fcot high. by Fc1Ey; (B) "satuo OF
Liberty" for Indopendonce Square. h ". ".
sronY; {O "A Centennial Touutair," IS foot
high, by Hermann KznNs, pupil of srE1S-
uAuLEn. The latter Ia thus described:
Il will cousIat Of central nguro, dominating four
surrounding figures, and will bo - feet high. The
csttrnl torinoat figure represents a1osEs having
stricken tho rock. Tho ElaG resting III hts hand
touches below tlssurc. wleuco fsauca . stream Of
water Which, flowing Into c!anacs Of tho strata Of
tho rock cn.raly cncrclos and faa into the basin
tclow.. Tho figures GROUPED beneath are those Of
Archbishop CAuaoL1.. who was Co!umlraluuer with
FaAyKLtN 10 Canada at tho opening Of Tho Revolution:
Commodore JauN nlRAr, lilo f&llur og tho American
Navy: CHARLES CARnotL, Of Carro1ton; aud Father
TuIouALu MATuEw.
, 1876-02-29

Bevegnl eminent pcraona have died during tin
rsst week, In addition to those nlroady men,
tloued In THE Tn1DuHE. Among them woro tho
1lov. HEINRICH LAso, tho most eloquent pulpit
orator In Zurich, and tho author Of many tloo-
logical works; Dr.. RICHARD K1So, tho English
Polar traveller, who MAS with Sit 0EoHos BACK
In Ills Journey to the North Polo, In 183ii Horr
rnANz uAYDlNuEn, tho famous Flonna biblto-
polo. who collected library OF 2l,O0o unique
volumes during bis life, which was spont Ia
kocping litt!o oating-housc; Herr VoN dEoES-
pAun, ono OF the frat historical panterH Of Cor
many; Herr METEE-DlEDEnaAas, tho hcad Of
ono OF tho most celebrated nlusio-puhliahtpg
tlr1nn in Germany; tho Hon. NELSON J. DEAo11.
formerly Canal Commasloner and mctnber Of
tho Now York Legislature; Col. JAnEs Il. KEan,
prominent member OF the Pittstslrg BAR ahd
brother Of Speaker KEnas Epwsa DEAN, aome
time an actor, and tia father Of JultA DEAN
uAYNs, md P1EnnE II. 1ns1ao, tho biogsaphor
Of i1ts uaclo, WAsH1HaToN 1aF1Na. Ills "L!o
and Lesto,s Of Washington IRVING" in 1--WE vol.
| umos, was published betHoeu tho soarH 1861 and
! 1867, and In 1861 l.o pnblished "Spauish Papcra
/ aud Other MiscpIlanica."
, 1876-02-29

A rich lode Of scandal mud corruption Inns
bcun developed by tho House Committee oil
Foreign Affairs charged with tho iuycstiga-
ton OF Minister BouEaoR's connection with
tue Emma Mino Bwindle. Tho testimony Of
JAMES E. LYoH, Of Racine, Wis.,. former
owner III tho original Emma Atino plHllt'
given yesterday before tho Committee
unfolda n chapter Of fraad, bribery,
and corruption in high r'acea scarce
ly less startling aud enormous than
the Credit-afobilicr disclosures. The state
monts of LYON throw blaze Of light
| upon tho secret history Of tho Emma Afino
scheme, in,plicating United States Senators,
United States Judges, learned scientists,
bankers, etc., in addition to the parties al
| ready notorious In connection with tho g.
gantic confidence game 30 successfully p1ayed
| upon British capitalists.
, 1876-02-29
THE CITY CERTIFICATES OF INDEBTED
NEEg

NESS.
Tho Gtaats- 5si.uag opposes tho acceptance
by tho city Of tho outstanding certificates OF
indebtedness in payment Of taxes, aince It
desires that tho Treasury shall be kept sun
piled with money to pay out to tho oflice-
holders, It Is confronted, nevertheless, with
tie fact TINT the certificates como duo next
June, and there is no legal authority to To-
Issue them nor money to pa7 thcm. In this
dilcm,na, md opposing Their acceptance In
payment OF taxes, the ddts-Ztttung sug-
gesta that the only way in which the embar-
rpssuent can 10 overcome 8 to mako now
and additional bonded doh' Of say sir mill
ions, with Which to tako ap five millions
t!oating debt, and leave another million to 60
on until the taxes for 1876 c,n DO collected.
TO DO tlis 1t admits TINT thoro Is
ouly choice of ono Of two why's, viz. /:
~ Either to amend tho Constitution by
removing helimitation Of 6prcent ou munio-
iral Indebtedness, or (2) to increase the VAL
uation Of the Chicago properly on which the
Limitation Of & per cent is fixed. Tho former
even tho Ssaats.Z<isung dls,nlsaca as imprac-
ticablo, though 1t opposes the principle Of
limiting municipal Indebtedness by a COM
mon rule throughout the 6tato. Tho only
way 1t sces out OF tho difficulty Is to enor.
uously raise the valuation for assessment. but
1t evidently lsas not sufficiently considered
tho burden TINT such courso would put upon
tho city. ....
Tho constitutional Limitation OF 5 per cent
| indebtedness, In the words of the Constitu
ton, Ia "to Ia asee1taiued by tha last assess
ment foE atate and county taxes previous K
, 1876-02-29


The Now York 7riJuac, In commenting
upon tho dispatches on tho subject of the
En,1na Mine swindle WHICH have been pre-
sonted to the House Conlnittoo by Secretary
FISH, regrets TINT it docs not find an o1plana-
tion Of one curious circumstance. Nappeara
that tion. scnENcR resigned his position ns
Director Of tho Emmn h1ino Company
upon Secretary F1sn's inti1nation that the
Minister to England ought to resign the
Dictatorship at onee. Gen. SouEycx resigned
Dec. G, 1870, and autographed to Washington
that tho resignation lind been handcd in. It
now appears, however, that Mt TINT time tho
board was dosirous Of putting more stock on
tho London tnnrket 80 Con. scuENcK con-
voniently kept tho matter of his resignation
a secret until tho 18th Of tho following month,
by which ti1ne the stock was out and tho
money had boon tnken in. Tho people Of
this country may aheTo in tho 7'ri1unes re-
grot that Gen. ScHEscK makes M explanation
Of this nttlo gaulo, but thoy lnye regret
moro poignant thnn tlaiH, namely, that ho did
not resihn rs Minister when hc resigned as
Director. If Buch an event had taken place,
tho people Of this country would hayo allowed
him to keep it seorct MI bis life.
, 1876-02-29

Tho Common Council adhe.cs molly to its
determination to cut lown tho czpeadituros
of the curront year to tho lowest possiblo
point. At yostordays session tho estimates
submitted by tho Superintendent Of Build
mgs and the Police md Fire Departments
Eero reduced noarly half million Of dollars,
md tho Council improved on oven tho Comp
rollers notions of economy to tho extent Of
lbout 9o7, 900. Thia good work Ia dono in
.he Committee ot tho Whole, md the Tux,
payers will jsalously watch for my md all
lttempts to loosen tho municipal pursc.
,trings when the appropriation ordinance
,omcs up for final adoption in opon Council
, 1876-02-29

tho incurring Of B1oh indebtedness" Iheru
can DO no special valuation Of Chicago prop
orty for thia purpose, but any inorcnso would
represent the proportion Of tho state ta1ea
which Chicago would havo to pay. There is
now bonded dott OF about Oil, ,5O0, GOO to
add SO. .00o, 600 would create a debt Of $io,-
6D0,0 900, which, 10 bo 1cga1, wouid require a
valuation Of 4400, 600, ,o0ofor Chicago property.
The present State valuation on Chicago
property, including tho threo towns within
tho city limits, is $171,3l1,7lG. To secure
tho valuation necessary to increase tho bond
cd debt aa proposed It would ho necessary to
more Mnn t'ot6l tho present valuation. If
auch valuation as $4,000 GOO wore aont to
tho stato Doard Of Equalization, TINT board,
1t It did iss duty, would throw oil tho extra
$3.50, ,O90, 900 aided over and above its own
equalization Of tho ycnr previous, md also
about 12o per cent above tho r2tio Of tho vnl-
uation in other parts Of tho State. This nc.
ton would of itself defeat the proposed In
orcaso, ani tho additional bonds could not be
issued. But If the Stato Board neglected 10
do it's duty and permitted this excessive valu-
ation to rennin, it would proportionately ro-
duco tho valuation Of property elsewhere, and
Chicngo would ray On moro than twice its
fair proportion Of tho property for state
taxes. In other words, wa would incur tho
burden of additional and disproporlionate
taxation for tho very questionable privilege
Of increasing tho city's bonded debit
The proposition suggested by tho Stats
Z<ltung is full of danger, md only In the in-
toreot Of tho worst class OF tax-eators. II
tho valuation Of property could DO doubled
once for tho purpose Of increasing tho
bonded dobt, then it could 10 doubled again.
II raised now from s171, 1000, 900 to $4o0, ,0oo,~
900, how long would it DO before another
800, ,0o0, 600 would bo aIded for tho Bamo pur-
pose? Tlis process might 60 on indefinitely,
and The constitutional limitation Of s per cent
would be practically dead.lottor and inop-
erative. Tho people will not agrco with the
ta1-eatera nor the Stats Zeftung TINT either
tho valuation OF tho bonded debt Bhall be in.
cronsed by my evasion Of the constitutional
principle. 1t will occur to tho people rs a
much better plan that tho expenses Of tho
City Government DO reduced, mud tle col.
lection Of tho buck ta1es vigorously prose-
cuted, until tho floating debt shnl DO got
ont Of the way, md wo can begin to pay
rs wo go. This cannot he dono without
some sacrifice on the part OF tho tax.catcrs,
and thcy may as well mako up their minds
In it.
, 1876-02-29

One effect Of tho rccnt French elections
has been to render necessary moro liberal
construction Of tho nov Press lava, which
under BUFFET wero e,forced, especially
ugainst tho Republican aewspapcrs, with
such strictness M to cali forh tho unanimous
condemnation Of TINT class Of Journals. Afnny
cascs arising during tho recelt political coll
test haye, by order Of DurunE, DuRrEr'a
successor, been allowed to lnme, this couse
being, in the opinion Of the Govunmcnt, tha
wigeat under the circumstances.
, 1876-02-29

sluiresl. Suppose like rule was adopted in
this country, mud TINT tho banks wore allowed
10 issue notes to tho full amount Of tho gold
bouds at par deposited by thoin suppose
they were required to keep on deposit In tue
National Treasury for redemption Of their
notes coin To tho amount OF i, 10, or Is per
cent Of their circulation, and wore allowed to
issue notes 10 tho amount Of s,el, coin de-
posted there. would not tho bill-llolaer bo
OF amply socnred2 Anl wl,nt moro Is nontl-
cd? When tho National Banking law Wns en-
acted, the Government bo1atla Ind not at
tnincsl par value in coin. III fact, tl,oy were
worth only 10 to 70 cents, md margin WAS
but proper for tho proteotion Of tho bill-hold-
or. Now, tic bouts, oven tho per conts,
l,ayo gold valuo OF n pormnnont character,
nbore l,nr, md tho margin ia wholly unnecea-
snry as II protection to the bill-holtlcr.
1,cforc tho War, tho banks Of tho United
States, though organized on n variety OF
systoms, with tho exception Of tho Illinois
"Stumrtails and aomo other wildcat con-
ccrns, wore, as d whole, able to maintain
specie payments. In so,nu Of tho Stntes n
deposit Of stnto bonds was required Ms
security in other States, particularly Now
England, no such requirement. was rnado, but
spccio fund Averaging 10 per cent was to
be kept. but tho best banks wero those who
preserved thcir character by evidence Of good,
careful, mud honest management. Tn no In
stance, however, wcro tho blll-holders so pro-
tccted against loss Us by tho requirement Of
deposit Of United States gold bonds md
coin equal, dollar for dollar. for tho clroula-
ton.
What would bc tho effect Of allowing tho
National Banks to issue notes, dollar for dol
lar, with tho coin and gold securities placed
on deposit in the Treasury? Each bank
would at onco become specie-paying bank,
because 1t would be profitable to issuo gold
notes. It's notes would be receivable ut ape
clio value in all parts of tho country. The
, 1876-02-29

HocKSonp, H., Fob. 29.-I1at eninent ipdi
yitlusl who invited Je1. Davis 10 Rockford. II.
7. Kimbalj, PscAident Of the Board Of Trade OF
this city, ia evidently bound to keep his fams
green In the memory OF his fel!ow~citizena
Tlls evening series Of resolutions written BY
him was presented 10 ths Common Uounc, fot
adoptou which contained 40 muoh of weak
botabast and futile Attempts 1t eloquenco about
amnesty anu Southern hospitality that they fol-
1lst and Weto II onca squelchod by references
to the Mayor and The Fuance Committee. Ths
occasion WIS tho presentation OF an Invitation
from tho Msyor of Atlanta, Qn.. to our uunioI.
psifty 70 como down and indulge in = free blow
cut March lb. Il u The iutentlou to accept, but
tls Council proposes 10 uAo less gAA and ulo1a
kpAineaa in 10 doing,
, 1876-02-29

Tho Louisiana House Of Representatives.
by voto OF 81 to 45, has adopted the report
Of tho 1iE11ooo Investigating Committee, to-
yethcr with tho resolutions recommending
lint articles Of impeachment DO preferred
against TINT officer. Tho affair appears to
aavo been Of 'he snap-judgment order from
beginning to e,d. On tho call Of the yeas
.nd nsys Oh tho resolution, several members
who desired to explain their votes were
ehoke1 of in the most summary manucr,
and tho busin"'s wus rushed through with
ths utmost recliessnes5, In addition to the
protests froIu buy uess.s.4e.a of Now Orleans,
the Manager OF tse Clcnri'E- House In thai
city hos published earti in which he argues
against the impe-rl: a.,nt of KELLOGG.
, 1876-02-29

The ordinance for tho redistricting Of tho
city in accordance with the requirements Of
the charter Of 1879 was last evening adopted
by tho Common Council. Tho ordinance
consolidates the First and Second nnd tho
Nineteenth and Twentieth Wards, leaving the
nine West Division wnrtIH iutAct, md giving
tlra wards to tho South mud four to tho
North Division,
, 1876-02-29

AsAi3a' ot.S .. s0o "!ao 4ooa .. o!aeu s'a'e'
- Aec6saiseo WIZ LIZ s.as'ns s',"' 1"e ~
Aao"o'n -, a47 o"ne. "eu ,"o ~" u'' lAt,ate1s
cs1o' iheIo lnuh1 hase psca ~ enoao uAss"
c!ass OF SETTLES cof'osp1nuns ,t, ~ oh1aesa3 u
.nose WIG mako up 'no n"'sSy'1 "ese: o'9'"
IN 'afs Guy aaa ia our ,,'no; 1of cef'a'niy &l'o
fenafk' !ea9'ng ou' "' 1e.o''usa ~ 'no o&
ana Il .e1"hlng '.,a ~s' apPl'os wt'n lo1ul.at
s.en'hcahce 10 enoso WIZ aTe .espoaa'ole ior
sne co"fSe o1 'ne n'tsS"y. "see' 0'9'..'
ihese 1nooetn asses pfty inoeasau'y VIII
'neiF masterh ci'o IN view; anu 'aes ea1 Ill
proportion 10 tnelr praying thelr consa'hp"
ton must 20 arpaillhg 10 thoso VINO proViao
TUG fodder Iaey nave ihtefesscd themselves
partlcularly y III bAncochs caso,-not ttiht they
would hesitate to kick bADcock IN tho lntof-
est OF their masters, pat because they con"
ceived that bAncooRs acqaittal would bo
useful for further braying. They follow tho
suggestion Which Judge PonTEn mado SO
useful with tho jury BY insisting that BAn-
cocks conviction would carry with 1t tho
conviction Of the President; and they go
even further, with the virtual assumption
thnt DAncooK'a acquittal carEies with it tho
+, acquittM Of oil tho other men implicated
In tho frauds. They aro extremely anxious
TINT this construction shnll be accepted by
tlss public, conveyed to tho Government
ofli,ers, impressed upon tho United statos
Judges, md carried throughout the country to
tho nm likely to be placed on tho juries. It
il doubtful whether this purpose can succeed
to nny extent. Tho Indications aro all tho
other way. socretary bR1arow md Solicitor
i JS..t.. H.
, 1876-02-29

CAN THE NATIONAL BANKS RE9uMEr
In tho schemes Of tho wilder class of in
flationista, the extinction anl prohibition Of
bank notes is included, but wo think that tho
discussion Of tho general subject Las dovel-
oped TINT no such measure can succecl Wo
think it has been flrthor shown TINT ovont-
ually, by some sort Of process, the Govern
mont will ceaso to be manufacturer OF irrc-
deenablo paper money. Under tho ceraain-
ty, therefore, TINT We arc to hayo banks Lnd
baLk notes, it is important to consider
whether tho character Of these bank note.
may not be so improved a. to hasten the ro-
ti1acy Of the greonback aB no longer neceB.
Bary.
We Ind in December last 2,085 National
Banks, with capital and surplus Of $685.
49G, as7, and circulation of $3l4, 4,sso,051.
Tho law authorizes the bnnks to deposit with
tho Treasurer bonds, not loss than 500 600 in
amount, and issues to them bank notes to tho
amount Of 90 per cont Of tho pnr Of tho
bonds. They have likowiso to deposit with
! tho Treasurer sum Of grconbncks equal
to & per cont OF their circulation.
III fact, they put up Tho equivalent Of S103
in gold to SECURE Us collateral 995 iu paper.
They lavo, therefore, margin OF $18 iu
gold per Ss5 OF paper in' circulation. 1t is
not probable that bnnks thus limited, and
with @ tax On both circulation and deposits,
will ever resume specie payments voluntarily,
or koop outstanding any circulation In excess
Of the absolute requirements Of tho law, III
case specie payments DO 1nado compulsory,
for tho sufficient rcason that 1t will not ho
profitable to issue notes thus hatnpcred and
hiulored, But tho existing provisions for
gold.note banks aro still moro illiboral. Only
~ Of noteB to 100 OF bonds can bo Issued
anl tho bank is required to keep 25 per cent
OF coin bssidcs In its vaults, pay per cont
on its circulation, md hnlf OF per cent or
, tho money OF It's uepositors left in It's custo
, dy for safe keeping. There will bo no golG
notoa tssuod unlor theso useless aud suiIocat
, ing restrictions.
Tho Government, In order to havo tn
country provided with sufficient bauk-nots
circulation rodaemable on dcmand iii coin,
must leave it possible for hauka to furnish
this paper without loss. Tho question is
Can this bank currency 10 improved In lual
. ity and be made specie-laying without II
: weakening tho security to tho bill-holdcEa q
q 10 render tho redemption Of the notea O.
t demand either uncertain or impossible? "
a suggest in tho first pIace that the co,nmorcit
|. business Of thia country, and OF al! othe
. countries, can only he successfully carried 0
+ through tt.o agency of banks. Tho subst
e tute for banks has not yet becn discovered
o The great commercial countries Of Europe
n En0]anl France and 8orMnpy-trauEact q
, 1876-02-29

ohplcc Of the National Convention. Thus u SAW
tftoen newspapers 10 tbe untted Bthtes have H.
prcssel preference for nLAiNE, whossas more
than 100 linso done 30 In tho single State Of
Illinois. Tho two columns Of apaco the T'reys
REvoa 10 tn "noHspapor vote ID utterly wasted,
and all srocuhtlons based on such Atepors sxt
idlo nnll nouscnetc4l.
, 1876-02-29
cnlTTENDEN VS.. FREMONT.

9An FAlNotsco, Fob. 29.-Wlth reference 70
tho suit Brought in Washington against Joaa u
Fremont by the executors Of John J. Cstttendea
iot 10000 attorneys faes, Palmer. Cook uo.s
formally prominent bankers here and agent: tof
Fremoat, Jabltsh statements that they PAID shs
foes suo& tot Id tho a41nmsE Of 1865, BY check
on theis scent In Now York.
, 1876-02-29

King ALFONSO, unwilling to tako the re-
aponsibility Of inviting cx>Queen ISABELLA to
return to spain, has referred tho matter to
his Ministry, who now havo the subject under
consideration.
, 1876-02-29

Tbs Chicago produce n.artalu wore istcg.s
lar yesterday. Mess pork Was active aud l1o
per brl higher, closing ut FL. 's3@21.46 cash,
aud $al.ga@!i,G7t for :.pril. Lard Was in
fair demand Rnd 5t5loo per 100 1hs higher