New-York tribune., 1878-06-29

fail to have the highest respect; but the
demagOgues-the men who derange trade ana
paralyze industry, simply to procure some
petty personal advantage-are they who cause
merchants to breathe the wish-and strange
one to be heard in an AnglO-Saxon country
that Congress might "neveT meet again."
An important statement is made in our
Washington dispatches concerning Mr.. WHIT
horne's so-caed report" upon Mr.. RoOeson'
That document was telegraphed all over
the country as a majority report OF
the Committee on Naval Affairs, ana
was estimated accordingly rs DEM
ocratic campaign document, promulgated
solely by the Democratic members OF the com
mittee. 1t seems now that it was not entitled
! to that rank, such as it it, 1t was never ap-
proved even by the Democrats of the com
mittee. Tt was submitted to them at meet
ing held during the closing hours of Congress,
and as it was impossible at that time to deal with
the volumes of testimony on which 1t puTported
to be based, it was ordered printed and re
committedm 1t was therefore, not report
of any sort, and the universal publication OF
it as such was an imposition for which some
one should be called to account
While the result of the New-LOndon race
was a foregOne conclusion from the start ana
indeed before, it was more interesting IN some
features than more exciting races have BEEN
It was not little curious that though Har-
ward led Yale from the beginning and won
by dozen lengths OF more, both crews should
have made better time than was ever made
in this country before-a fact which will
| 4. IL, h, bpI
victory of the magenta. The arrangements
| for the accommodation of sght-seers seem TO
have surpassed those made at Saratoga and
other favorite courses. BY great dill
cence the river was kept free from boats,
and the winds kindly sub3ldcd, leaV-
| ing the waters smooth. The Press boat
actually kept up with the race-a startling
innovation upon established custom-and on
the shore a railroad train, bearing great
crowd on rising seats kept abreast OF the
| rival crews. This feature OF the occasion Is
alone enough to bring New-LOndon into
favor as a place at which such an arrangement
is possible. As rule, 10 spectator sees the
whole of a race. Those who see the start
must wait to be told of the finish, and those
who see the finish must enjoy the contest
backwards. The New-LOndon train makes the
enjoyment of watching races less of labor
The history of the marvellous success OF
! cO6peratve stores in London, given on
another page, is in striking contrast with the
many failures of like schemes in this country
! These great establishments that have grown
! out of a single wholesale purchase made by
| few post Office clerks, from a transaction OF
! twenty pounds to an annual total Of million
! times that sum, have not only conferred many
! benefits upon their subscribers by putting IN
their pockets the greater part of the profits that
usually 90 to the shOp-kcepcrs and by giving
/ tLe best things for less than the ordinary cost
! of door. but have exerted a vast influence upon
the world of stores outside Prices have been
kept in check and tradesmen have been
taught greater courtesy. The growth of these
coGnrratlye stores has been fairly magical.
The annual sale, of one of them amount to
obort 81. .OOO. 900; from 5000 to 5000 SOW
ereipns have been taken in in one day
members tickets are often bequeathed IN wills.
! II GOES without saying that these establish
ments cannot afford the luxury of enterpns-
! ing defaulters, but the subscribers are con-
solcd for their absence by a saving of from
X TO 30 per cent on their purchases.
The European Congress having decided
that Austria may occupy Bosnia, that prov
ince is henccforth lost to Turkey. The Porte
seeks TO place a limit to the occupation, but
the Congress has already decided that
Austria NAV hold the country indcti-
pitely. and establish civil authority there
Count Andrassy has been forced to
annex the province by the drift Of events.
The concessions to England, the aggrandize-
ment Of Servia and Montenegro, the
contemplated cessiOn of Crete to Greece
rendered it imperative that he should
accent Bosnia as a counterpoise to such
projects. Had he delayed to do so, the
Bosnians might have renewed the revolt which
led to the Russian Intervention and being
assured of Servian aid, they could easily con-
| ouer their independence. The loss Of Bosnia
which includes Bosnia proper and HeHego-
| yina. will not lniuTe materially what remains
of the Ottoman Empire, although 1t must huIt
Turkish pride to lose a province which has
becn under Moslem rule for nearly three CEN
turies. To Austria, the new district will be
of great importance. It's possession VIII ena-
BILE her to check the growth OF Seryla and
Montenegro. and maintain commercial in
tercourse with the interior of Turkey. With
moderate energy and skill the country may
he made a source of wealth to the Empire,
which needs new fields of adventure to divert
its people from domestic strife.
|
BUTLER (LATE POTTER.
General Buffers Committee has invited all
10, AF.l