On Tuesday Last N. Osborn & Co.

coutractors for the State Capitol, Lansing, paid tbeir laborers in gold. Enoland levies a tariff duty on 12 articlee, the United States on ovei 1,200. And yet the old fogies oppose any tariff legiglation. - i - ■ ■ Adam Ou ver has been coinmissioued to lay out the new Capitol grounds al Lansing. The Kalamazoo TeUyraph says of him : " There is not a more accomplishod and thoroughly t.rained artist in landsoape gardtming in Michigan.' m+ -- - - - On MONDAY Senator Matthews, of Ohio, objected to itnmcdiatu concurrence in the House amendnients tu the Sonate bill repealing the bankrupt luw, and so the bill went over and the high carnival of the would be bankrupts was prolonged for another day or so. EAI.PH C. Hoyt, the greenback apostle of Jackson - a recent iuiportation from some infected western district - proposes to " have the government issue more currency, and take up the bonds with it, and then set the idlr at Work building light-hnuses, custom-houses post-offiees, etc, dredging rivers anc making railroads, and pay thein in greenbacks," - still another issuo. Anc with Buch nu inftation what will his greeubacks be worth in the inoney o] the world ? - gold and silver. A well-dioested and well-guarded bankrupt law niay be a good thing, but we would like to see the lawyer or legislator who could draw a bankrupt law thut would not be of more service to the dishonest than to the honest dealer Any bankrupt law that can be devised will be f'ound to have two defects. First knaves will take advantage of it to cheat honest creditors ; and, secondly hard and oppressive and grinding creditors will use it to break down ruc crush honest but unfortunate debtors Such has been the experience undor the law of March 1867, and the Senate anc House ought not to palter over the terras of the repealing bill. Wipe it trom the statute books, give the business comoiunity a rest from the sharks on both sidea of the line, and then perhaps a safer law eau be oonstructed. The Hon. Henry Chamberlain, who lately withdrew from the Democracy to run the National or Greenback patty has reaped the first t'ruits of his desurtion. He unloaded his heresies at New Buffalo on Friday evening last, when the bloated bondholder and banker ant thrifty capitalist came in each for his ■hare of denunciation, - the granger or greenbacker being the only man who has a right to doublé up his poxsessions and board his earnings, - and to show his own accumulations exhibited to his aadience gold and silver and greenbacks A practical and sympathizing communist present, for the communist is only ono degree removed from the advancec greenbacker or demagogue of the Cham berlain type, concluded it was a fit time for a "división," and so when the Hon Mr. Chamberlain awoke next inorniug he was gans gold, san silver, sans greenbacks, mus watch, an clothes, nu. spectacles, saus any sound financia ideas. The " l)uke of Th ree üaks " was forced to keep his bed until his agent or attorney could respond to a telegram and cotue to his relief with a new sur of clothes. John F. Mines, late editor of the Utica JiepieUican (Conkliug organ) anc the author of the recent " interview ' with the distiuguished Senator, has written a letter to the World detailing his connection with the JtejruUiam and insisting that its attacks, persistent and doterminod, upon the Administration were inspired directly by Mr. Conkling and his friends ; that Conkling had frequently spoken of the " usurpation " oi Hayos and of the " corrupt bargain " which made him President. He says : " I went to Utica last October in the firm belief that President Hayes had carried Louisiana of right, and that only such votes were excluded by the Returning Board as ought to have been throwa out. Under the influenco of vrhat I heard there, from Senator Conkling and his friends, I came to believe that Mr. Tilden carried the State and was of right elected President. That this is the judgment of Senator Conkling I am convinced." And it is safe to assert that the largo majority of Republicana share the same opinión with Senator Conkling. It has BEEN generally supposed that one James Madison, a member of the convention which framed the Constitution of the United States, and au early President of the nation or republic or oonfederation which that Constitution brought into organized existeucu, knew something of the struggles of the fathers, not only with the arii'ies of the mother country but with the worthless paper currency which the Continental Congress had inflicted upon the colonio8. And this is the indictment James Madinon dtew in the Federalist : " The loss which America has sust&ined, mee th peace, from the peatileut effocta of paper money, on the nocessary conlidence between man and man, on the necessary confideuce in the public councils, ou the industry and mornls of the people, and on the character of Itepubtican government, cunstitutes tin enormous debt agaiust the States chcirgeable with its unadvised measure, which must long ramain unaatisfied, or rt.her it is an accomu1,-itiou of guilt which can bo expinted no otherwise than by a voluntary aaciifice on the altar of josticö ot the power which has boon the instrument of it." And yet thero aro mon olaiming to be Democrats who would piaster over every square foot of territory au irrodeemable greenback, imagining that beoause the prioe - not valve - of their lands and houses and horsen and cattlo and grains and goods is increased, when measared in paper decreasing in value or comparativoly worthless, that they are growing richer. Lot such learn the lesión of history, and mark the full measure of guilt - Madison's own word - which will blacken in future hiatory the namea and reputation of the modern grenbaok finances. Tuis is w ha t tho late editor of the Conkliug " orgau " at Utica, N. Y., has to say : " It is entirely without regret that I have laid down the editorial pen of the personal organ of Senator Conkling. No person living has a greater ttdtniration taan inysolf for his brilliant talents as a muii - no person has a groater dislike for that sort of dominaation which, during my entire connection with tho Jlepiiblican, made my pen not the supporter of patriotio principies, but the tar-brush for blacking stray sheep and rebellious Hoeks: " that is the Hayes Administration and its Republican supporters. THE First National Bank of Bay City made an attumpt at rederaption a few days ago, but nary dollar in gold was called for. The people couldn't fiud any bilis to present or rather have them than gold. That's the kind of a paper currency, but it don't suit Butler and the greenbackers who want a curreney irredeomable and without any intrinsic value.