New-York tribune., 1879-11-27

Mr.. George Augustus Sala appears in the
caravan Mr.. Sala arrived in this city yester-
day. and our readers will note. therefore,
with especial interest the account gwen In our
London correspondence of the quiet ana
friendly dinner given him by his admirers I'D
that city Just on the eve of his departure
Mr. Sala has the good fortune to number
many of the leading men of his own PROBES
sion among his warm friends, and the uinhe'
was of interest. not only as tribute to him'
but rs pleasant gathering OF some Oh ,"o
men best known in London journalism. On thls
side Of the water, where his aOilities nave
made him famous. Mr.. Sala will surely receive
a hearty welcome.
The announcement of the sale OF an
immense block of Central stock. according
70 the terms mentioned in THE TRIBUNE
nearly n week ago, was made officially
Yesterday. and is printed iD all the news
papers this morning. 1t is the largest In
dividual transfer ever recorded either In
Wall Street or in Lombard Street, and the
details of the arrangement furnish one OF the
most important pieces Of financial news
we have had occasion to publish in
long time. The fact that negotiations
for this purchase were pending and nearly con-
Guided was first made known in The TRIBUNE
(and in THE TRIBUNE alone) last Friday. ana
from that day till this The TRIBUNE
has been denounced with unmeasmed vlo-
lence bv other journals for stating what they
declared to be a stock-jobblng lie. we
have no other comment to make upon 'he
absolute refutaton of their ISLANDERS, when
they have the modification of publishing on
this Thanksgiving morning, except that lHE
TRIBUNE exercises the greatest industry
in the collection of financial intelligence
and the most scrupulOus care in verl-
flying reports before printing them.
Consequently the public may generally
depend upon finding the attainable truth in
these columns, and finding it promptly. What
the public gets in the papers that have been
railing at us, there is not the least need now
TO say.
Though the Presidents Message is to avoid
irritating topics, as we have been told, 1t Will
not be a dull document. Our Washington
dispatches give an outline of the Mes
sage, from which it Will be seen that
many interesting questions will be pre-
sented for the consideration of Congress.
Perhaps that recommendation which will at
tract the largest share of public attention is
that in which the President suggests the
formation of a sinking fund for the pay
ment Of the National debt within fixed
time, and intmates that, if the present
revenues are not sufficient for this purpose,
a tax might be laid upon tea and coffee. The
President expresses the fear that if the coin
age of the standard silver dollar shall con-
tinue at the present rate. our present stock
of gold will be driven from the country, and
the silver will take its place. He thinks
that its coinage might be suspended,
but urges that no action be taken
toward fixing the ratio between gold and
silver until an International Monetary Con-
gress shall have been held. The attention of
Congress is directed to the fact that the laws
against polygamy are still deied i'll Utah.
which may soon demand admission as a State.
The President rather oddly deprecates the
discussion of the feasibility of transferring
the Indian Bureau to the War Department,
asks Congress to pay the supervisors and
marshas, and makes a strong plea for the
advancement of American commerce. 1t Is
evidently suggestive Message, and will have
an attentive hearing.