Historical Newspapers of South Carolina

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VOT.TTMF. TX.-NUMBER 2071. CHARLESTON, WEDNESDAY MORNING, SEPTEMBER 4, i872. EIGHT DOLLAKS A YEABU KIND WORDS FOR THE NEWS WHAT OUR CONTEMPORARIES SAT ABOUT OUR NEW BUILDING. "The Handsomest Newspaper Estab? lishment Ever Seen in Charlea ton." [From the Charleston Republican.] THE CHARLESTON NEWS IS now permanently established In Its new quarters, at No. 19 Broad street, and flies the American colors over its establishment to-day in token of occu? pation. The Bepublican was the first paper to notice the purchase b'y our enterprising contemporary of this valuable property, and we take pleasure in again alluding to this in? dication o? i:s growing prosperity. The new office of THE NEWS is claimed to be the finest In the cotton States, and is certainly the hand? somest and best arranged newspaper estab? lishment In Charleston. The whole establish? ment ls connected by stairways, hoisting ap? paratus and speaking tubes, and the whole arrangements ?or the transaction of business are admirable. The property and Its i inprove menta have cost about $20,000, which is con? sidered, In vleW of the rapidly returning pros? perity of Charleston, a decided bargain. ..A Graceful Ornament to the City." [From the Columbia PH oe nix.] We are glad to note signs of prosperity where prosperity 1B SO well merited as it ls by onr highly esteemed contemporary, THE CHARLESTON NEWS. Yesterday's paper came to us, the first issued from its handsome build? ing on Broad street, Imo which lt has just moved. From the description ot tho stately structure, we have no doubt that the office ol THE NEWS ls now, as THE NEWS Itself long has- bean, a gracelul ornament to the noble old city, whose Interests it so faithfully advo? cates, and in whose prosperity it has such un? shaken, confidence. THE NEWS may justly be proud of its success, and Charleston of THE NEWS. "AI Complete a Newspaper Office as there ls In the South." [From the Columbia South Carolinian ] Our contemporary. THE CHARLESTON* NEWS, stoved Into KB new and elegant quarters on Broad street, on Saturday, from whence Hs Monday paper was issued. This ls enter? prise, and shows that TUB NEWS IS abreast . with the energetic spirit of the age. The ap? pointments of the office, as we gather from .the minute description In yesterday's NEWS, shows lt to be as complete a newspaper office -as there is In the South. -'An Evidence that the State ls Not tillite Ruined Yet." [From the Columbia Union.] TEE CHARLESTON NEWS took possession on Ute 1st instant of its new and elegant esta? blishment, at No. 19 Broad street. The prop? erty extends from Broad to Elliott streets, and ls one hundred and sixty-eight feet deep by thirty-five feet wide. The main building ls of granite, and is the one formerly known as the Southwestern Railroad Bank building. The oroperty cost THE NEWS about twenty thousand dollars, and ls considered cheap at that . Thia Is an evidence that the Democrats do cot consider the State quite ruined yet, and la aa indication of thrift on the part of an enterprising contemporary, and we taite pleasure for both of those reasons in chroni? cling the event "A Terror to Corruptlonlsts." -._D^rjirrithn T.rrnr.-rw R--" ' Tho. enterprising proprietors of THE CHARLESTON NEWS have removed from their former place ot business on East Bay, to No. 19 Broad street, the busied portion ot the .city. Success to THE NEWS and Its proprie? tors. It Is one among the livest, if not the livest paper, IQ the Stale.. Outspoken in Its sentiments, an Intrepid worker in tho cause of right, THE NEWS ls a terror to all corniptlon ista, while its proprietors spare no pains or expense in furnishing the latest news of the day. Success to The News. . .' -?. [From ike Charleston Zeitung.] THE NEWS .was Issued yesterday for the luvt time from Its new and elegant quarters, No. 19 Broad street. V7e wish THE NEWS success. A Warm Greeting. [From the Charleston Courier.] Oar contemporary, THE NEWS, Issues from 1 its new quarters, late the Southwestern Rail? road Bank Building, Broad street, to-day. .Alterations and repairs have been made to the building conveniently adapting lt to t!;e .cew^b?slness to which lt is devoted. Ia its1 mew location we wish lt all the prosperity it ^may achieve. N : : POLITICAL GOSSIP. The "Louisville Convention-Political K?ret xYom North Carolina, Maine, ?ie. WASHINGTON, September I. The "prominent tonio of conversation among the politicians here ls the Blanton Duncan business and the close Identification of the Grant administration therewith. The accusa? tion trat $50,000 has been placed to Duncan's credit In a bank here, to be used by him in carrying ont his straight-out convention .scheme, has not been denied, and seems not likely to be, and may therefore be set down as .true. A prominent lawyer writing to this city ifrom Greensboro', N.C., says: "I ihlnk the Juli str?ngt h of the Radical party in Him State j varas brought out lo the last election. We are aioiiudent (even admitting the fifteen hundred jtoa^rltf of Caldwell to tie an honest return o? lft<r ?rote) that we can carry North Carolina by ac least .five thousand for Mr. Greeley In No? vember; for two reasons : First-Many Repub? licans who vo.ted tor Caldwell will vote lor Mr. Greeloy, while the entire Conservative vote (save a few insignificant exceptions) will be cast also lor Mr. Greeley. Second-lt will be impossible for Ute Radicals io brim; the same influence, monetary and otherwise, to bear in this $iate in November wblch were used by them In Hie recent election; the Presidential election being general, other ?tates will re - quire consideration at their hands, which win relieve us to the extent pf a civil liberty vic? tory In this State." ? - Notwithstanding the olten repeated asser? tions in administrationclrcleaand elsewhere >that Per?am, the Republican .candidate for ; re-el'2cilou to the gubernatorial chair in Maine will carry the Slate by au overwhelming ma ttorJty,"lt appears that Governor Pernam him . -?don't think lt w1U-.be such au easy job. n ^itjicday a letter was received in this city by a prominent official, in which he SSL' oficial to be eure and have all the SnS^NM who are employed lu the pul* i? SrrmHn *? to he sent home to vote. Bimi K??rsTav? ??5? irom the Kep.ib. leave ol absence. . TILTRSTING FOR BLOOD. Disgusting Finale io a Savage Fight. NEW YORK, September 3. James Frame blt off the thumb and flncers of Herman Llpkln In a tight laj-t night. Llp kla threw a glass tumbler at Frame-, fractur? ing his BEuli. Both were arrested. Frame will die. When taken to the station, Frame, who was crazy, was found drlnkiog the blood wfcich was copiously flowing irom his fractur etThead. CANTERBURY CATHEDRAL ON FIRE. TUrtatcntil Destruction or the Whole Build Ing-tVo Serious Harm Done. LONDON, September 3. Dispatches from Canterbury say that the magnificent Cathedral has taken fire by the accidental upsetting ot a charcoal furnace, which was In use by the workmen repairing the roof. Water was hard to get. and by eleven o'clock the flames had a Arra hold upon the eastern end or the roof, over tho altar and Bhrine of SC Thomas-a-Becket. At this time lt waa teared that the whole edifice would be destroyed, and great excitement prevailed In the town. The firemen now obtained a lull supply of water, and, assisted by the entire garrison, went vigorously to work. Shortly before noon the firemen had the flames under | control, and soon suppressed them. About one hundred and fifty feet of the roof was burned up. Everything that could bo moved was taken out of the Cathedral before the fire? men began to play upon the flames. LONDON*, September 3-9 P. li. The latest dispatches report that the fire in Canterbury Cathedral is completely extin? guished. The shrine of Thomas a-Becket has not been Injured. Tho Mosaic pavement ot the Cathedral ls covered with melted lead. The altar waa deluged with water, and the In? terior of the edifice is filled with smoke. It] has been the habit for the past three hundred years to bold religious services in the Cathe? dral daily. Thia custom was not broken by the fire, as the services were held after the suppression ot the flames. MISERIES OF A MADHOUSE. The Experience of an Amateur Lunatic at the Bingi> a mp ton Asylum. For several months the management ol the Bloomingdale Lunatic Asylum bas been under fire, the last attack being ol a novel kind. Certain stories of abuse and cruelly told by discharged patients and attendants were eagerly caught up and paraded in the news? papers, to the great discredit of the asylum. Those concerned in ita government maintain? ed that Its history and affairs would bear the most searching investigation, that all proper j precautions were taken to prevent the use ol j the asylum for any other than legitimate and humane purposes, and that the reports to its prejudice were prompted by delusion or by malice. Stimulated by the excitement of these irresponsible revelations, the managers of the New York Tribune sent their own de? tective to work up a case against the Bloom ingdxle Asylum. The method was substantially that adopted by Mr. Greenwood, of London, the "Amateur Casual," to ascertain the condition of theEo<i llsh workhouses. A reporter was directed by written instructions to lelgn insanity, and, if possible, get himself commuted io the asylum lor treatment. The purpose waa, first, to teat j the medical and sclentihe knowledge ot i usan-1 Ity possessed by regular physicians und ex? perta at Ute asylum; second, to test the nature I ot the law ol commitment and the manner of | its execution, and then to make personal ex? amination of the condition ol the asylum and the method of treating patterns. To acorra-1 pllsh these ends, elaborate los ?ructions were given the amateur lunatic, which appear to J nave been followed with remarkable fidelity. Having learned bia lesson aud perfected lils urrangcmenta he went to the Central Grand Hotel on the evening of the 12th Instant, regis? tered bis true nmueifuawTO-wrrtgireaiu aroota. ' Tmmermteiy be began showing symptoms ot queerness and aberration of mind. Trie hal boys and, wailers soon suspected that he was not righi:. A friend called upon him, by ar rangement, whom be refused to recognise, The servants intimated that the man waa crazy. The friend, after a consultation at the office, hunted up a physician, who, from a de? scription of the circumstances., thought the man must be drunk or drugged.. He visited ulm, and prescribed brandy aod peppermint, which the patient threw out ol the window. He then took the patient to his office for irrealer security, and afterwards to his house, treating him with constant attention and kind ossa, in spite ol his lunatic freaks and disguises Meantime the friend and an uncle, also In the conspiracy, consulted another physician, who refused to consult with the first on the ground that he was an irregular practitioner. The irregular was at once discharged, and the patient brought to Dr. LOCK row's office. The doctor studied the case tor an hour or more, the patient all the time playing bis part with energy, and came to the conclusion that it was some species of cranial disorder, and advised that lie be taken to the- La Pierre House and put lu charge of a professional male nurse for the night, lt he became worse .the doctor Bald it would be advisable to place him temporarily in Bloomingdale A-.yium. The patieui's unce consented to this, if after consultation with a competent Burgeon lt sh oula appear that he was really Insane. It waa four o'clock in the afternoon when the patient, urrived at the hotel; a nurse was ob? tained, who, with the physician, had charge of the man during the night. Soon after the physician left, the patient became violent, the nurse was frightened, the guests of tha hotel were alarmed, and until morning ills conduct was such that nobody lu the house doubted that the --poor young "man" was mad. When morning came the physician heard the nurse's story, watched the patient still further, called In another consult' lng physlcan. and at last Informed the friends that bia mind waa ?.'unsettled,1' and that lt would be better TO take him to Bloomingdale or elsewhere. The friends, with the two doc tere, went to the Jefferson Market police court, where the physicians subscribed to an affidavit that the man waa insane, the pa? tient's uncle said he wished to have him com? mitted to Bloomingdale Asylum, and Police Justice Cox, without making Inquiries of these parlies, all of whom were strangers to him, gave his clerk directions to make out the commitment, which he signed, without seeing the patient at all. It 1& one of the regulations of the asylu/n that no patient shall be received without a permit trom one of the asylum cum mittens, lu the morning ol the day wheo Justice Cox issued his order of commitment the uncle of the patient called on a mern ber of the committee, who said he should require satisfaction on two points: first, payment of board for thirteen weeks in advance ac twenty dollars a week, and secondly in regard to the patient's con? dition. He did not care to see bim, but would like to converse with his physician. Dy Bklliul management on the part of the patient aod his -'friends," he contrived to get admission without compliance with tbe strict rules of the asylum. And this 1B the end of the story, so far as it is yet told by the re porter. The editors say the reporter was con? fined four days In the ward for violent patients, when, showing signs of improve ment, according to instructions, he was re? moved to another. Last Saturday application for a habeas corpus lu his behalt was made lo one ot the judges of tbe Supreme Court by a member of the bar. The reporter had been informed that thia would be done, but bad been instructed to refuse a discharge. The habeas corpus was made returnable Monday. But the authorities of the asylum hearing of lt tho reporter was examined by the superin? tendent, whose experience enabled him to detect quickly that the patient was sane, and on Monday, at the solicitation of the physician and the legal adviser of the asylum, consent was given that he should be released without further legal proceedings. The scheme was a conspiracy on the part of the reporter and his employers to impose "-?on the management of the asylum In order r.o"etbC"11d Information that could be used against them. The testimony of a witness under euch circumstances Deeds to be corrob? orated to be admlssable. Taking the report? er's story as It atands, it shows that medical men not specially practiced lu the treatment of insanity are not entirely competent to swear awn.y a man's wits, and certainly thar, New York police justices have a fro* and easy way o? consigning people on insufficient evidence to tbe madhouse. THE SCIENCE OF GAMBLING. HOW TO CALCULATE TOE CHANCES. Something of the Law of Odds. Now-a-clays, that pretty nearly everything under the sun hts been reduced by somebody or other lo a science, lt will not excite much surprise to see the capricious rules of chance in general, and ol "i-quare" gambling in par? ticular, scientifically treated. In fact, the gambling fraternity has long aero, even when playing honestly, looked upon the turn of the wheel of fortune as governed by something more than mere luck. Every gambler of note has his -'system," and upon that he works, and by that Is to a great extent gov? erned. If he wins, it 1B a triumph for that .?system;" if he loses.lt Is but another sacri? fice to insure ultimate success. Even when ho is --flat broke," he continues firm In the belief that bad he had more money to sacrifice he could bave bound fortune to his side forev? er. A writer in the Cornhill goes into this by no means uninteresting subject, quietly, but quite forcibly, basing most ot his arguments and deductions upon the "(jaming Table," by Steinmetz. LEGITIMATE CHANCE V3. LUCK. Every game of chance, say's this Teutonic authority, presents "two kinds ol chances, which are very distinct: Those relatlog to the person interested, that is the player; and those inherent ia the combinations of the game." That is, we are ta distinguish be? tween the chances proper ta the game, and those depending on the luck of the player. Proeeedlugto consider the chance proper to the game ii sell, our friendly cheat sums them all up ia two rules. First: "Though chance can Diing into tbe game all possible combina? tions, there are, nevertheless, certain limns ut wblcti lt seems to stop. Such, lor Instance, aa a certain number turning ten tl mes in succes? sion at roulette: this is possible, but it has never happened." Secondly: "lu ii game of chance the oftener the same combination has occurred In succession, the nearer we are to the certainty that lt will not recur at the next cast or turo up. This ls the most elementary of the theories on prob? abilities; il 1 s termed ''the maturity ol the chances" (and be might have added that me belief In ibis elementary theory had ruined thousands.) "Hence," he proceeds, "a player must come to the table not only 'lo luck,' but i he must not risk his money except at the Instant prescribed by ibe rules ot the maturity of ihe chances." The philosophical gambler, In continuing his general logic, advises rou? lette as the game to be preferred, because lt presents several ways of slaking money. Whatever the ambitious aspirant for gambling glory goea after, however, he ls admonished to k?ep cool and calm It he gists Into a pas? sion lt ls all over not oply wit-b, prudence, bur also wlih good luck. Every player ?ho duds a pleasure in playing, also, IB ?niormed lhat lie stands a bigger chance of losing than other? wise. A prudent player, lurthermore, should I bf lore undertaking anything, put himself to the test to see \( he is 'Un vein" or in luck. In all doubt, he should abstain. The ideas of Stein- ; mens, though presented as ihe experience o? the lifd ot one gambler, ure lo a urealer or lets extent shared by uiost of the fraternity. They may be Bummed up into, first, his bedel In bis own luck, and, secondly, his faith li: the 1 turn of luck. When he is considering his own ' fortune, he does not tics' tate to believe tbat, on the whole, the futea will favor him, though 1 this belief implies ia reaiiiy the persistence of 1 favorable conditions. Oa the contrary, when ' he ls considering the fortunes ol'others who ! are successful In their play against him, he 1 does not doubt that their good luck will j presently desert them, that li, he believes In 1 ihe non-persistence of favorable conditions In ] their catt. Taken altogether, the thoughts may be simmered down Into ihe supers)lilon 1 that there are limits beyond which pure 1 JUauua ii.?h UO jiu 17c. ff lauuJuuujj uvciaw.: ' combinations. ' A REMARKABLE WAGER. j Among the instances cited by Steinmetz la I lhat of a bet made by Mr. Ogden, In 1813, of < jim thous md guineas to one Unit the Beven i ?pot would not be thrown by a pair of dice ten j Limes in succession. The wager, though egre- i piously unfair, ws3 accepted, aiM stranger tq i my "seven" was thrown nido times running, i li this point Ogden offered four hundred and I seventy guineas to be "off" the bet, but the jffer, though beyond the real value of the chance, was refuged. The thrower (.ried his. chances for the tenth time, and throwing ' -nine" lost his guinea. Here, ihe original net was an unfair one, and the refusal ot the party ot the second part io accept the four y tiundred and seventy guineas a refusal un- ' warranted by all laws oi chance and mathe- | matlcs. With a pair ol dice mere are ililrty slx possible throw.4, and six of t h ese give J ''seven" as the total. Thus the chance of throwing "seven" ls one-sixib, and ihe chance 1 if throwing "deven'' ten times running ls ob- ' lalned by multiplying six into Iiaeji ' Len times, and placing the resulting number under the unity, lo represent the minute fractional chance required. It will be . round lhat the number thus attained ls GO, 165.1761 and Instead of 1000 guinea?, fairness required that <J0,4GG.17? guineas Bliould have Seen wagered against one guinea, BO euorm 3us are the chances against the occurrence qi Len successive throws of "seven." Evext igalost ulne successive throws the lair odds ; would have been 10,U77,59G to one, or about 10,000 guineas to a farlhlug. But when the olne throws ol "seven" had been made, the chance of a tenth throw of "seven" was stair j ply one-sixth as at the Qrst trial. If ibero were : any truth in the theory ol the "maturity of the chances," the chance of such a throw ; would of course be greatly diminished. But . even taking the mathematical value ol the . chance, Mr. Ogden ueed In fairnea* only have offered a oixiii part of 1001 guldens (Hie amount of the stakes,) or 166 guineas, 17a. 6d. to be ofl the wager. So thai lila oppouent ac? cepted In the first Instance an utterly unfair offer, and refused in ihe second instance a , sum exceeding by more than 300 guineas the real value of iilsobanoe, TUE MATURITT OP TUE CHANCES. Closely connected with the theory of the range ol possibility lo the matter of chance combinations, ls ihe theory of the maturity of the chances-"the most elementary of toe the? ories on probabilities." It might safely be termed the most mischievous of gambling superstitions. As an illustration of ine aopii catlon of ttilB theory, may be cited the case of an Englishman, once well known at foreign gambling tables, who had based a system of a generalization of this theory. lu point of tact ibe theory asserts lhat wheo there has been a run lu lavor of any particular eve:;t ihe chances io favor of that event ure reduced, and therefore, necessarily, the chances in favor of otner events are increased. Mow our Englishman watched the play at the roulette taolefor iwo full hours, carefully noting the numbers which came up during that unie. Then, eschewing those numbera which bad come up oftenest, he staked hta money on those which had come up very seldom or not at a l. Here wai au Infallible system accordlug io "the most elementary of the tboories of probabili? ty." The tendency ot chauce resulta to right themselves, so that events equally likely lu the firat instance will occur an equal number of limes ia the long run, was called Into action to enrich our gambler and to ruin the un? lucky bankers. Bu lt noted In passing that events do thus right themselves, though thia circumstance does qot operate quite us the gambler supposed, and cannot be trusted to put a penny Into any one's pocket. Tue sys? tem was irle.d, however, and lustead of rea? soning respeciing its soundness, we may con? tent ourselves wi ih recording ihe result. On the first day our Englishman won more than seven hundred pounds in a single hour. His exultation was boundless, He thought he had really discovered the "philosopher's stone." Off he went to his banker's und transmitted ihe greater part ol his earnings io London. The next day lie played und ' lost fifty pounds; and ihe following day he achiev? ed the same result, and In a week he had lost all lils original winnings, except fifty sover? eigns that be bad wisely preserved to go home oo. ABOUT THE ONLY CERTAIN THING about chance is the absolute certainty that lu the long run results will right themselves, while at the same time experience teaches that lt ls utterly useless for the gambler to truet to this circumstance. That the first statement is true, will perhaps not be ques? tioned. The reusonlng on which it ls based ls quite obtuse, but lt hus been experimentally verified over and over again. Thus, if a coln bc tossed many thousands of times, and the numbers of resulting --heads" and --tails" bc noted, lt is found, not necessarily that these numbers differ from each other by a very small quantity, but that their difference ls small compared with either. In mathemati? cal phrase, the two numbers are nearly in a ratio of equality. Again, If B die be tossed, say, six million limes, then, although there win not probably have been exaoily a million Of throws of each face, yet the number of | throws of each face will differ from a million by a quantity very small indeed oompared with the total number of throws, THE LAWS OP ODDS. Where the odds of the game, be they howso? ever small, are against oue, it must be fatal to continue to play with any nope of victory. For Instance, let it be assumed for a moment that the assertion of the foreign g.tmlng bank? ers Is true, and that the Chancen are but one and a quarter to two and a half per cent in their favor. Yet in the lon? run the percent? age must manifest Its effects. Where a few hundreds have been wagered the bunk "may not win one and a quarter or two ant) a half j on each, or may lose connlderably; but where thousands of hundreds are wagered, the bank will certainly win about their percentage, and the players will therefore lose to a corresponds lng extent. This Is Inevitable, so only that ! the play continue long enough. Now lt ls sometimes forgotten that to Insure such gain to tue bank, lt ls by no means necessary that the players should come prepared to strike so many hundreds of pounds. Those who sit down to play may tot have a tithe ot the sum necessary. If only wagered once, to insure the success of the bank. But every florin the players bring with them may be, and commonly is, wagered over and over again. There is repeated gain and loss, and loss and gain: inasmuch that the player who finally loses a hundred pounds may have wagered la the course of the Bitting a thousand, or even many thousand pounds. Those fortunate beings who 'torenk the hank" from time to. time may even have accomplished the feat of | wagering millions during the process which ends In the final loss of the few thousands they may have begun with. WHY IS THIS THUS ? Why ls it. Iben, it will be asked, that this inexorable ? kitv ls not to be trusted ? Simply because tho mode cf Us' operation Is altogeth? er uncertain. Ii. la a thousand trials, tnere has been ? remarkable preponderance' of any particular' class' of events, li ls not a whit more probable that the preponderance will be compensated by a corresponding deficiency In the next thousand trials trian ptiat if will be repealed In that set also. The mose probable result of the second thousand trials Is precise? ly that rea ul t which. was most probable for | tue first thousand-that is, that there will be. no marked preponderance elmer way. But therp may bi- such a pr?pond?rance, and lt may lie either way. It ls the Same with the next thousand, and the nexr, and for eveiy such set. They are In no way affected by pre? ceding eyents. In the nature of things, how can they ber But-'the whirligig of time bringa In Its reVenges"ln Its own way. The balance ls restored Just as chance direct?. It may be in the next thousand trials, it may be not be? t?re many thousands of trials. We ar? uiter iy unable to guess wbeq or.how it wm be brought about. ANSWER TO A NEW CONUNDRUM. What, then, are we to 6 iy of those who have won money by following a luckv player. ?Imply because they knew him to ba such ) Let tis go back to the mathematics. Suppose that lt ls knowu by the betting set of a cor laln county that somebody had -'tossed head" twelve times In succession. Furc'ier, suppose this to happen ta every county in thc land. Mow, these persons are not more likely to loss a thirteenth head than to los?. About lialf will succeed In tats thirteenth effort, and ibout half will fail! Thus, about hall their tiaukers will win, and about half will lose. But the success ot the winners will be widely announced, while the mischances of the losers -Ul bo ?M?ad?l Thi;. fumoon_lt no torloiislydoes happen-for-oVv, reasons. First, ?amblers pay lilli* attention to the misfortunes A their fellows; the professed gambler ls ut t?rly selfish, and moreover he hates the sight | if misfortune, because it unpleasantly re? ntada Mm of his risk. Secondly, losing ?ramblers do not like their losses to bo noised ibr'oad; they object to having their luckin ?peeled by others, and they are eveu disposed io bllud themselves to their own Ill-fortune as Tar as possible. THE BANKS WIN. Whatever, however, may be the luck of In ilvldual ?layers In the Jong run, the bank .vina. Granting, first, odds such us the 'banks" have in their lavbrj secondly, a suf Uclent capital to prevent premature collapse, ind thirdly, a sufficient; number ot customers, success ls ab80li|iely certain in, thp long run. The capital of the gambling public doubtless, exceeds collectively ih? capital of the gamb? ling banks; but lt Is not used collectively; the fortunes ol the gambling public are devoured successively: the sticks wnich would be irre? sistible as a laggot are broken one by one. TAKIKQ TUE FIELD. It ls also easy to understand why in the bet? ting on horse racing lu this country and J the rs success ordinarily attends the proles ilonul b.'tter, rather than ihe amateur, or, in ,he slang of the subject, why "Hm ring," g?is the advautage of "the gentlemen ?" Apart "rom his access to socret sources of Informar tiou the professional better nearly always "lays ihe odds," lhat ls, beta ?against Individ? ual horses; while the amateur "takes the odds," or backs the horse he fancies. Now Li the odds represented the strict value of the horse's chance it would be sate lu the long run to "take" as to "i$y" the oddt. But no pro? fessional better lavs fair odds, save by mis? take. Nor is lt difficult to get the amateur to lake unfair odds. For "backlog* Ia seeming? ly a safe oouree. The "backer" risks a small sum lo gain a large one, and if the fair large sum is u little reduced he still conceives Hut, he is not risking much. Such ure a lew of the whys and wherefores that really unter Into the eihlca ot gambling. The really scientific gambler ought to know more or less about allot them ; at ul l events If lie ever expects to meet mun who have mude the questionable profession ihe study of a life. If he knows and calculates all the time Just what he ls doing, lt may be well lor him-If he only keeps at it long enough. Otherwise it will be well lor ihe other lellowa. . TUE FEE MOST ELECTIONS. Cheering Partial Return-j. BORLINOTON, September 3. Excitement about the election absorbs all business. It is believed that the Republicans will carry the Slate by a reduced majority. A close canvass ol 6ome seventy towns shows a Liberal strengih ol about 50C0, with a lew looses hom Democrats who will vote with the Republicans rather than endorse Greeley. 'J he polls opened al ten A. M. RUTLAND, September 3-10 P. M. The Democrats gain 500 in this town. MONTPELIER, September 3. Ten towns which la 1870 gave 1870 Republi? can majority now give 1002. Seventy-six towns elect seventy-one Repub? licans, four Democrats, and one Greolcylte for the Legislature. The vote for governor In fifty-seven towns is 15,337 for Converse and C?24 for Gardner. The straight Republican tfekets are apparently all elected. TUE NEW YORK DEMOCRATIC CON? VENTION. SYRACUSE, September 3. Augustus Schell ls growing In strength be? fore the convention. SPARKS FROM THE WIRES. -8enator Sumner sailed irom New York in the Malu. -Tue City of Selma has subscribed $100,000 foran iron bridge over the Alabama River. -A male child, six months old. supposed to be one of the victims of the Metis disaster, floated ashore at Providence. THE STEAIGHT-OtTT CHEAT. MEETING AND ORGANIZATION OF THE LOUISVILLE CONVENTION charles O'Conor's Disquisition on Gov ment and the Evils of Borrowing Money-Twenty-four States Nlsreprc. se nt cet-nie Convention Adjourns In Confaslon to this Morning. LOUISVILLE, September 3. The "3lralgut-out" Convention met to-day In the Common Pleas Court-room, at the courthouse. Previous to and during the as? sembling of the delegates, the Second Regi- j meni'a Nallonal Band, of Philadelphia, played various airs. At about one o'clock, Colonel Duncan called the convention to order. The Rev. Dr. Platt | addressed the Throne of Grace In a prayer for | concord and peace, and freedom from sec? tional jealousies throughout the land. Colonel Duncan then spoke as follows: Gentlemen of the Convention-It is my duty tp call this assemblage to order. Iis objects aro well known, and require no explanations. We have been derisively characterized as bolt? ers, mercenaries, Ac, by editors and politici? ans who have souaht an a liauce with a fac llon of the Rid leal party, and who have aban? doned all the principles whicn have hitherto characterized our organization. It is not my province to cast reflectioua upon the motives ut' these leaders, in whose wisdom and judg? ment we un?oriunuiery confided. Their action is Invalid and void. IL bas not a bindiup effect I upon other ludlvldual members of the party, aud it has already been* repudiated by hundreds of thousands. No spirit of presumption or forwardness induced the geuilemen who acted with me to appeal to the American Democrats against tue flagrant violation ol party faith, and uiter negation of principles Involved io the nomi? nation ol Greeley. We did lt with higher and nobler motives. We did lt to vindicate truth, and to protest against the offered reward for political treason to one who had occupied life-time, In the bitterest animadversion of mose whose support he now bas sought. Ii our call bud been a lallure our d my would have been nono the less performed; but there waa a sympathetic chord in the American heart which responded In enthusiastic and harmonious tones to the musician's touch. There ls an honesty, a veneration for princi? ple, a deep-rooted desire lor ref- rm In the hearts of the American people, and the as? semblage that I see before me to-day evinces, their earnest Intention to uphold th tut banner which had fallen from nerveless and Incompe? tent hands, and to prove that iheold organiza? tion IB not dead, but only sleeping. [Applause.] j It has not died of Its corruption, as the latter day saints proclaim, wno are so eager for lie destruction. li will not hold out a hope of re? ward for party treason nor bribes lo secure generals (romtho enemj's cum p. [Applause.] The eyes of ihe whole country are directed to ibis convention, and mauy auxlous hopes are to be verified or blasted according as wisdom or its negulive shall be the controlling apiri ol our deliberations. We can make tuts body fanons IU history, as the source from, which ice future policy and destiny ol the country ls to be shaped, or [hake lt equally JnslgnlQoarit and destitute ot Influence. We want no hydra headed plaiform which can be construed ac? cording to the wishes ofthe reader* (or we have clear and undoubted theories which have but one lu io i pre tat; on, whether expounded lu the North or in the South. We' can have no In? tent to re-open the questions ot ibe: past which the sword bas so bloodily decided. [Great applause.] We will give no encour? agement to aught lhat looks towards revolu? tion; nor cai; we, whilst submitting to Lite Inevitable, and powerless to reverse what had been accomplished, sattsiy ourselves by com? mendation tit the acts performed lu violation ot Uie constitution. [Great appluuse.] We must seek our alliance upon principle. We must, If we can, Impress upon the minds of j v^t'maTJrlLy flfflfifc WmmSkf^m ii'.? conviction of our booeuty and oar tin ceriiy, \a behalt of the .measure* tending j to benefit them. We should prove our \ trlendsnlp by actions which may appease con? flicts between capital aod labor, through wise compromises acceptable io both, and whilst capital has rights which we Mould seek not io lulrlnge, labor ls entitled to earnest considera? tion, for lt ls the parent ot wealth, lt Is ihe bone and sinew bl the laud. [Great applause.'] It ls a laborious work to at'em pt the reorganiza? tion of a party, and to create Ita necessary machinery, far two months every thought, ol my brilia bas been monopolized,, avery energy ot my' mind and body directed to the accomplishment ol that object. The Sincerity of my motive should avert criticism. If there have been errora ot omission or commission, they Bliquld be overlooked, for the spring of I my action has been the intent to do right, and aid In the preservation of ihe party, uud ibe perpetuation ol its principles as the sole hope for the future of the country. [Great ap-1 plauso.] And now, gentlemen, weary as I j am in mind aod body, lhere la an absolute sensation of relief that I can terminate my sell-imposed duties and abdicate my lunc itons. [Great applause.] At the close of the speech Duncan intro-1 duced Levi S. Chatfield, of New York, as tem? porary, chairman. [Cheers] Tnen followed Ibree cheers lor Duucan. Chatfield was unani? mously chosen. Spaulding, of New York, James Lyons, of Virginia, and Wheaton, of j Michigan, were appointed a committee to con? duct Chatfield to ibe chair. Chatfield, on reaching the platform, said : Genifcman of the Convention-It ls my first duty, as Ills my sincere pleasure, io lender you my hearty thauks for this compliment of mv selection. The circumstances calling us f together is me crisis of the Democratic party, whicn Is stricken down in the home ot its friends. This calls tur our careful considera-1 Hon, and tue application of such remedies as are In our po iver. I learned my polltl-1 cal creed lu the school ol Jackson, Madison and Jefferson, and have never seen the lime when I desired to abandon lc lor any hear? say. As loug as the Demoorailc party was i ru ti io Us principles the people of the United Bluies were true lo the party. [Ap? plause.] It only lost Its power wneu their tendency io centralization got control. I have no doubt that ll the party had not been sold out and cloven dowu at the Baltimore Convention ihe Democratic party would nave surely triumphed in the approacnlug content. Their assumed representatives sold out the party to an old white hat and coat, for, let me teil yon, that ls all. lhere ia of him. [Ap? plause.] Tue speaker denied that ihe dele? gates had any right to transfer lum or his hearers io Ihe Republican party or Greeley, [applause,] and said "we are here to see If we can't correct that ir?.neaciion. We owe ihanks to Colonel Duncan, PL?ndera, and others, who were preeeut at that ecene and protested against the sale and trausfer then and there attempted. Ue wa? a Democrat; born one, and would always be oue, aod lt he was Hie last remaining man here be would wrap the old fing around and lay bim down to die therein." [Cneera.] ColonelDunoan moved tliatW. M.Terry, of Michigan, be appolued temporary stcretury. Carried. Spaulding, ol New York, presented a sealed letter from Cnarlea O'Conor, and rousing cheers were given and repeated lor O'Conor. Spaulding handed Hie letter to Ihe chairman, who read lt us follows: NEW YORK, August 31. To the Democratic National Convention, ap? pointed lo assemble at .Louisville Septem? ber 3, 1872: GENTLEMEN-A representative Democracy must necessarily degenerate in practice and become at last unutterably mischievous it Its official corps be allowed to wield, without ei feciuai restraint, mose powers correcily de? nominated legal by which, from the very be? ginning, and In every clime, civil society al? most invariably hitherto has been made the prey of its rulers. When founding our Inst i inf.cn the lathers were Impressed with this belief, und, In order lo crush the tendency of power to aggrandize it seit,they Introduced regulations of unexampled complexity. Rejecting two fundamental bases of the pre-existing system, they yet adopted tbe English policy ot checks and balanoes. However useful lt may be in the land uf three estates, kings, lords and com? mons, experience has shown that ibis policy is Inadequate to the maintenance of public order, where absolute equality ls recognized. With us it bas proven exceedingly misc! ou?. Byles enormous multiplying ol ol alone lt affords no permanently effectua stralnt upon power. To the Inquiry, bow a restraint can be imposed lu our com politicians have responded, "By the tue and Intelligence of th? people." this Is a delusive shape. Laborious al Hon, constant watchfulness and comb action are necessary to Dractlcable resi and are unattainable. If our people v placed upon a sterile soil their perpetual ti to hand conflict for subsistence with nig< nature might qualify them for reslstanc the official plunder. Their poverty woult mluiBh this temptation and invigorate t defence; but in a great and prosperous ct try, such popular guardianship cannot be 1 and the only efficient protection against offi misrule ls In totally prohibiting those pon which cannot be effectually regulated by 1 This fact was asserted In the public conn which gave birth to our constitution, but recognition was prevented by a want of p human experience under just systems government. History furnished no prei parallels, and consequently the patriot which saw and appreciated the rlj was unable lo prove IIB statement or mt tala an argument by convincing illus, tiona. Falling to engraft upon tne writ law the limitations deemed neces>ary, Democratic bolters Bought a practical est lUhment of them by advocating strict c simaloo. This dooirlne was never thorou ly enforced by any party, and is now tote disregarded. Hence our present political c dillon. Far-reaching changes are needed obviate its evils, and lt ls only by euell chani that we can successfully Inaugurate the s ond stage in that grand social reform wh was Intended by tne fathers. A free and < lightened people, with capacities matui under the benign influence of their experlen we can now delect aud remedy those defe in their glorious though unfinished wc which experleuce has developed. Tney li the foundation. Upon us is devolved ihe di of completing ihe superstructure. Theoffic malversation In ibis city and State which w brought to light during ihe last year Invli g?qd men to action, The dlsooveries mu afforded an opportunity of stirring the penei mind to persistent efforts for reform. The< ponunlty was Improved, aud, except so far disturbed oy the Inopportune recurrence o? Presidential canvass, the current ot popul sentiment has ever since moved steadily ihe right direction. Tho desire has been e tenslveiy entertained that this movemei originating In the natlqn's metropolis, aboii be permitted to run Its natural course, dr? into harmony willi lt sell the honest mase throughout our country, and thereby lead the establishment of efficient, self-sustaloli and permanent barriers against t prevalent evils. The facts, however, wu rant an apprehension that .the pendil conflict lor the control of the Federal pow has broken In upon the tendency to retort and may completely reverse Its government Intermeddling with these concerns of socle which tinder'judicious laws might beben Sciai. Iii? real evil actually developed in hi system by this eminence la assigned lo lt b cauBe it ls the lruuful parent ot all others e: isling, und because the measures required i correct It are precisely those which would e: ilrpate the uurestralnable powers now mi cbievously exercised by our officials. If, li stead ol prohibiting or diminishing this vlcloi prnoUoe, our people should Impart to lt ne sanctions and greater vitality, reform mui become Impossible. Now,- of thia practice above all omer living Americans, Greeley ls tb recognized champion,and no body ot organize oppjneuiB tb lt has ever existed in th country .except the Democratic party, Yt by ihe decree of a convention assuming t represent that party, Greeley has been gase) Uti aa Ita standard-bearer. Opposition to tbs proceeding has In my mind a.far deep? source than A mere attachment to party, a least I am not unduly influenced by ibateei liment .as may appear by the measure adopted against the recent Iv detected munlcl pal defaulters. lu organising the forces in employers had equal opportunities for purgln themselves lor complicity with political pat ties of every class. Thus innocence has bee shielded from the discredit of evil assoclatlo; inadvertently lormed. Official villany stand iugTu'?gm8ht7 i?t?tt0aii,r/6r??Bi,'fflyh'\?s Um ^refl cuy aud Stale are united aa a broihernooi lor the common defence. Aside, then, fror party sentiment, my views of public In tereat and existing publlq necessitlei cumpol me to repudiate tue Baltimore nomi option of Greeley. Whenever speaking o writing ou the subject, I have unilormty oou demoed lt and deulated my readiness io sup porta Democratic candidate. This clrcum stance has led io a supposai in some quarter that I had aspirations to office, and lt, has beet suggested that my name might be offered ti your acceptance as a candidate. The objec ot ibis letter ld tu avoid misapprehension ot those points. If compelled to decide betweei Graut and Greeley as candidates for the Pres! dency, the Democratic elector musi rely ver; much upon mere conjecture. Those lnciiulni to the latter as the cuolce of evils suggest tba a mitigation of the oppressions at me So tul would result irom hts success. There may however, be equal ground to hope for that goo result lu either Issue of ihls rivalry. Once bl second term shall have been secured General Grant's only motive for inflictlui misery on that portion of his countrymen wil cease. An effort to secure a third term o establish a dictators nip cannot reasonably bi apprehended, and consequently ihe oom arl sou of probabilities offers us merely a blanl olympiad ou one haud or four years of inde failguble activity on the other. That wis? people, whose usages we have generally fol lowed, bad occaslou to pass tnrough a transl tory period, somewnut tlmllar to that no? afflicting Southern interests In meir aciiui at tue lime, we oould find safe precedents foi a course bf policy which would promptly rein state Southern prosperity; but ll lhere be ont among Hie muster spirits of Ihe. age who, even if incliued, could not adopt that pollcj lt ls Gn-eley. The success of General Gram might Involve no important cons?quences out that of Greeley would consecrate tin practices reierred io, which, in my judgment are aosolutely incompatible with the perma 'nf nee Ol lie publican i ns tl tu Ho na. In say Inf this, lt is not simply to pronounce for ann Protectionist ideas. That:qnestlon ls left un touched. If the support of home industry against foreign competition ls regarded ast ? sound policy, lt can be effected os far as need j lui oy much simpler and less expensive ant I far less demoralizing processes than our over grown customs establishment. The true poli? cy ls nallonal regeneration. It ls lar more comprehensive than mere lree irade. Its aim ls to break the sceptre or the trading poli? tician and emancipate the masses. Four ilfius of ihe governmental intervention now practiced in carrying on the affairs ol society should be elspensed wlih. Th? existing Indebtedness should, Indeed, be held sacred, aud to the last end be lallhfully redeemed, but the power of borrowing money on public credit, eliher by paper issues or otherwise, should be absolutely unnulled. Neither the Federal government or any other, down to the smallest civil dividion of a state, snouid posj-ess it. It ls Inconsistent wlih the perpetuity of free Republican institutions. It is the very lite-blood^f aristocratic rule. For its fellow, labor, as the bond-slave of capital in modern limes lt furnishes a limitation In? dispensable to war. Without that the most snooting of all national crimes and calamities would be impossible. Such comprehensive advances in civilization as are here suggested may be as yet impracticable' In the old world. If so the* fact only proves that ours is the high and holy mission of, first, making them separate by a wide ocean from any poweriul nation, mighty in numbers and intelligence or people, and through their deep and abiding interest In the country's wel? fare no external enemy dare assail us. In? deed lt is manliest to the unperverted reason that the adoption of efficient curbs upon offi? cial power ls alone needed to renner ibis great continent the abode of peace and of human happiness on a scale of surpassing magnitude, Even li defensive wars be necessary, the evils of the power of borrowing money should not be conceded on lhat account. It must be ad? mitted that they cannot be carried on without vast outlays, but money ls not more necessary than meu. As ihe generation which wages war must furnish the warrior, why can lt not also furnish money to feed, clothe and arm him ? It ls compelled to furnish all the labor connected with his maintenance and his belligerent operations. PoBteiity cannot ?ght our battles, nor ls there any necessliy mat posterity should pay the cost ot ihem. Our own young men munt do the fighting, ii ls eouaily In tue power of our old men to do the bavin". Pay as you go is a maxim not less sound in political economy thau In prl vate affairs. If adopted peculation mast . i cease to pervert the government, and war could no longer lend a legal sanction to cruel-., ty and oppression; and, il as some'" contend, war ls the normal condi? tion or" mankind, posterity wl!? -nave ' Its own wars to sustain, and It Is, therefore,-: unreasonable to burden posterity with debt tor the cost of oura. Deeply Interested In sup- ? pressing these ideas, the rulers of the people " will of course treat them with derision. Bail lt most suffice for the present thus to submit ' them nakedly on their own merita ann with? out detailed vindication, alihomth ihelr prin? ciple is already accepted in subatance by nome Western Stat ea In their recent cons iltu tiona. Their advocacy must in the main be deterred' until the facts and fables of the pending can? vass shall have ceased to engross attention. A few brief suggestions will, nevertbe-__ leas, be offered. The power to borrow money Ia mischievous. Just In proper lion as the government ls liberal In form, and as the nation Is prosperous, Che very constitution of human natunapre- ' oiudes any effectual regulation of Itv lu a * monarchy there may be some supervision, but in republics the tendency to abuse le atwo luiely Incorrigible. No human cfcUl can-ae^" vise, or human diligence put In force, ade? quate checks upon Its existence. If allowed to existai ai; lc must Inevitably be-abused, md the abuse must progress to an extent ab? solutely lnto'erable. The mere burden of tax?. - uion Induced by lt ls the least evil among its oui progeny. Fraud aud corruption become ' rlnuea under Hs Influence. Statutes to oe Bet ip as objects of popular reverence and similar aonors uave. been proposed for Ita cultivators, iud If lt be nor extirpated wl'l hereafter ce lecreed to them. A government restraintd ivilhln the limits of absolnte necessity may .' De supported by moderate taxation. Still'tne' nature and amount of taxes Imposed should ii ways be potent. They should oe plain, vial- ' 1 ile and palpable. De ce i tf al, fraud ul--nt mein- < Dds, which have been dr vised, draw money rom the pockets of people without their con? ciousness ol the imposition, should be abai- ': shed. Duties and excises for revenue belong 0 this class. Such furtive m?thode.of obtain- fo . ng money should be known through proa-/.. >cnilonB agalnat criminals. The asserted ' 1 illicitly in sustaining toe 'government Under " sucn a system la unreal The publlo exnen-ea..: need not be great, and the necessity of raising ill revenue by taxation at the moment ef ex? penditure or beiore it. Is susceptible to be utilized and made the source of great public :* benefit. Ho we ver tr ut h lui lt may be, in acer- > tain view ot ihe matter, that air taxes are ultimately borne by the laboring class, they . are nevertheless In the first instance col'ected- . Irom those who possess property, and ir by uplform usages every dollar required ipr the " expenses of the government should'be at" ane? exacted from the taxpayers, a powerful :laea would-: be enlisted ? in, riuiy^uardlcg igalnst the official extravagance of Ute gov ?rnment. Mortgages upon labor', .' th?' nost fate and desirable of Investmente, s-ould cease, and In their place affrighted . t ispltallsta could contemplate the onlj - , : ipproachlng tax-gatherers. In self-defence ".. '? ibey would then perform a public duty hilbert6,r' leglected. Leglalatlve corruption would "be ?ffectively opposed. Under tom keen ecruilay_ no map, whese record waa tainted could pass he ordeal of ?lection. Long, patient Intidy- : '. )aa convinced me that on ihe practlcabili y of '???>, establishing precisely this popularaurvelllanco wig the last hope of our republic. Paternal ra vern ment is not necessarily mischievous In i monarchy; but In a republic based upon on!- - *eraal suffrage it cannot fall to foster innamer ibie evils, and it ls, In fact, the sum of ali. vii-., an les. A government which devotes some of is powers to putting money in men's -': Dockets must employ others in . tue .-x tor? on policy., lt Involves ? COE tin- , ions career ol rapine and favoritism. My , jeep aversion to ail those things has lo du ced ' neto encourage the movement - which you .. ' -epresent, and doubtless my name will- ba , presented for yonr consideration fora nomi-. ' - patton.. In that event I beg leave respect? fully to withdraw lt. The strength and em- - - phasls which have marked the language em? ployed by some gentlemen in address ina. nra. on the subject must be my exouse for Baying li ' ' what follows. Success should of-coors** be . Ibe object. In the present condition or affairs v jP'uriHrt/f??'llr "???Affe#,,veu.ho*f ?ature ii nm T" . . roany equally reliable as reformers, probably " inore capable ct poolta office and yet leta " ikely io combine formidable elements J>l.v.i appobltlon. I could ?:ot ccneeat to- sub- .. scribe to a platform containingelth'er? proies lion Of tal th or a recantation' vf errors and a o? promise of amendment. The exist? ne-: prac- -. Lice-requires thia, and- .that .practice may n?u? be abruptly set aside. Lore of that absolute Independency which can hardly be maintained3 in pu ol to office, adestr? to promote 'your SOQ cets instead of Impeding it, and a belief that I .<?. can there best .perform tbe Individual citl-.. . zens quota ol puoilo service, have created la -l my mind an unalterable resolve to remain in - ? private station. Yours truly, - ?HJJU.E8 O'CoNOH. O'C?ner'a letter was referred to the' commit- : tee on platform. The committee on criden- .'? tials was - as follows : New .York, Van Alien; South Carolina, Stokes; Pennsylvania, Jacobe; .-, Maryland, Backet ts; Delaware, Brown; Chlo, . High; Michigan, Wheaton; Georgia, Ramsey; ' Illinois, Hanley; luciana, Brannan; Kansas, ' Brooks; Wl?conalo, Sennen; Iowa, Seaierf-... Missouri, Williams; Kentucky, Gerger; Ten-'".: nessee, Parish; North Cirolina, Trout; Weat 1 Virginia, Vaoce; Colorado,' Bryant; J?ew Jer? sey, Power; Mississippi; Price; Virginia,.Bej* Ilinne; Nebraska, Brook; Alubima. N'-smith, No other State responded. Conmslon, which, the chair waa unable to check, made1 tc impoa 8ible to hear The proceedings. When Calliornia waa called, Bayard, ot New Jersey, read bia . authority irom the Democratic committee of that 8iate to represent lt. Upon motton;-Biy?"" ard waa allowed to reposent the State. Fen-it i ding th- call of Slates, VaUaudlgbani, of,Ken-,.. . tuckv. moved ibat the convenu DO adjourn tb the 20ih ol November. [Cries, "Put Ulm mt," 1 '.put bim out."] Vailandlgham's friends .7 claimed his motion was a practical . Joke. The committee on permanent pr .ganlzatlon, one irom each State,' was. ? ordered, and twenty-four Slates, respondedr Bayard, of New Jersey,, represents Caltlornia - on this committee. Alter a recess the con* , ventiou met, and a lrlend apologised for Val landigbam, who therefore waa excused and ' resumed bis seat. The committee on oreden?^r: liais asked time, which was granted. The chairman of ibe credential committee made an informa! report ihac there waa entire har- " moby in the body; whereupon the band played. ! ? Nooody conteated a Bingle seat. Ferry,, of (?jj Michigan, reported from me committee on per? manent organization: President, James Lyons, ot Virginia; vice, Blohards, of lHtaoiBv*'and?::* one irom every Stale . represented. ? ; Mc. Bayard, of New Jersey, who also representa California, moved that Blanton Duncan be first vice-president. Adopted. Lyons, of Vir? ginia, when conducted to the chbir. ridiculed;- r the Greeley party as the '"Dolly Varden , party." A committee on resolutions waa ap? pointed. A motion to add the labor delegate . from New York to the committee on r?solu- f ilona caused great confusion. The charmian refused to entertain any motion, and open .. motion the convention adjourned to nine to? morrow. ?\mntia\. JAY COOKE, MCCULLOCH ? co. No. 41 LOMBARD STREET, LONDON. 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