Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-10-26
THE New York World presents the follow
ing as the most Trustworthy forecast that can
be made OF the result of the election OF con-
eressmen to all the Southern States:

A GOOD many people who ought to know
something about human affairs are OF
opinion that Butler is about to be elected
governor of Massachusetts,. The Albany
Evening Journal says: "Well-informed peo-
pie from Massachusetts think that Butler
has more than a chance of election this
year. His campaign has begun this time
with dash, an elan, it never had before.
He apparently had at his back all those who
have heretofore voted for him and a number
of additional supporters. His opponent, Mr..
Bishop, is spoken of as cold man. The
ratification meetings at Boston showed
all the enthusiasm on Buffers side. The
Republican gathering was chilled and stir
in contrast. While we earnestly trust that
the indications of to-day may not be verified
BY the November result, ii must be said that
lust now it looks as If Butler was to win.
THE people of Illinois vote this year on
constitutional amendment whereby the con-
struction of the Hennepin canal-as impor-
tant to the State as the Erie canal is to
New York-is to be turned over to the Fed
eral government. The State of Illinois be-
gan some years ago the construction OF the
Illinois and Michigan canal, connecting the
Illinois river and Lake Michigan. con-
siderable sum of money, about $5,OOO,OOO,
was spent on this work and canal
constructed from Chicago to the Illinois
river; but the work was found too gigantic
| for the State, the estimate for the lower por-
ton of this work entitled the Hennepin
| canal, from Rock Island to the river, being
at least $40 ,O00, 900. The last Illinois Legis-
| lature passed constitutional amendment, to
| be submitted to the popular vote in Novem-
| Der, whereby the constructed canal is to be
turned over to the Federal government, pro-
| yided the United States shall accept the
| grant within five years and will agree 10
enlarge the canal and maintain it as ma
| tional waterway for commercial purposes,
| to be used by all persons under snch rules
| and regulations as Congress may prescribe.
THE election of Joseph N. Dolph, Repub-
| Iican. to succeed Gov. Lafayette Grover,
Democrat. in the United States Senate, is
victory in all probability for the anti-rail-
road elements of the Oregon Legislature.
| When John II. Mitchell was in the Senate
1s73-79-he was probably as reliable Gen.
/ trial Pacific railroad man as Sargent, of Cali
fornia, and it is said that he was an oppo-
nent of the Northern Pacific and of the
| Oregon roads, which could only be explained
/ by Central Pacific reasons. 1t has also been
| alleged that since he retired from the Senate
| he has been in the pay of the Oregon Trans
portation Company and Northern Pacific, at
salary of $4,000 per annum, at Washing
ton. The Oregon Legislature met September
| 11th, and exhausted its entire session of
forty days before reaching an agreement.
Five Democrats and one Independent at
divers times reinforced the Mitchell Repub-
| licans, but the sixteen anti Mitchell Repub-
| licans stood firm, and enough Democrats to
elect Mitchell could not be secured. On the
twenty-sixth ballot MitchelPs adherents be-
gan to break for Dolph, who on the forty
| frat ballot received ffty-one votes out of
ninety. The loss of Democratic senator is
to be regretted, but as the Democrats cannot
regain control of the Senate till 1885, one
vote is not of much consequence In this
connection very brief examination of the
probabilities for 1888 may be interesting.
THE New York Evening Post, of Saturday,
| says: Judge Folger, in his letter to the
Hon. A. S. Draper, referring to the Ohio
election, says: 1T is estimated from we'll
founded data that on Wednesday, the 11th
of October, the day following, there was
shrinkage of values in the great properties
of the country of over S4O,000,O00. That
shrinkage has been going on since We
have already remarked upon this subject
that Judge Folger was in error in attribut-
| ing the decline in stocks 10 the Ohio election,
since the decline really occurred before that
event. An examination of the prices of the
leading stocks will show the incorrectness of
Judge Folger's statement. The Ohio cleo
ton occurred on the 10th of October. The
closing quotations of the active stocks on the
preceding Saturday October 9Th, and those OF
the same stocks on October 10Th, the day on
which Judge Folger's letter was given TO the