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QUARREL OF THE WHEELS. in ray wagou on a lieato 1 summer itched my horse's flinging feet devour e dusty vay; suddenly a voice below shriekedout.lt m°d to me: h bigger, but you cannot go one-ha’f so ist as we!” ed around, but 10 one there my stri lu ng vl ion caught; ere alone upon the road—I must have dreamed, I thought; almost at my feet I heard, distinct, a voice's ton ad : ’ll never overtake up, though you twice go o’er the grouud 1” rzzleJ me at first, hut soon the fact upon me broke ; fore-weeds of the wagon tad thus to the hind-wheels spoke. stencd to the answer, and it came in ac cents low : "ou’re no farther now before us than you were an hour ago!” waited the r< joinder, but no further an swer came; lore-wheels were too busy, and the hlnd- rheels were the same; hough I strained my tearing much, de- resaing w ell my head, e-wheels or by hind-wheels not another word was said. atter sot mo thinking how in life one ften knows er controversies with the words absurd ose; y claim as merit what is after all late, rccsss that others make for them ex- ltingly elate. lse and mighty statesman Just before s fellow set, , as foie-wheel in the wagon further m the hind to got; ug in hi^ c implaceace, as he thinks, ime and tame, o Jouruey ended, his position just same. t toiler struggles, but uo inch be- s gained; les that, despite him, one post al ained. hat the own=r,who can every- ing control, im ever as the hindmost, for a tftting rpose roll.' s along the wagon o’er the steady way drawD, s the weary journey, and the light of day has gone; all the rivalries of men, the quiet thinker feels, Are Idle as the quarrels of the fore and hinder wheels. egitimate Dealings in Futures. Hat, really, are futures? How aye they grown up, and what practi- al effects, good or evil, have they pro- uced or are likely to produce ? The nterests they involve are so vital t© the whole business of the community that they ought to bo thoroughly un- erstood by every one. Ytt a large art of the testimony taken by our Legislative Investigating Committee puly serves to befuddle the suljeet. he public liss, indeed, obtained rather' kaleidoscopic view of the matter the various witnesses examined, ny of whom have been more con cerned to guard their own private in terests than to elucidate the questions under investigation. Here is an actual transaction which ook place twenty-five years ago, long efore the business of arrivals, as they e called, or of futures, had been in duced into the methods of com- e. A Chinese merchant asked A. ., an American firm in Canton, titract to deliver to him 300 bales otton cloth per month, at a given ce, for ten succeeding months. A. o.’s Boston agent (ffered the con- a Lowell cot on mill. The ‘is cotton buyer in South to ccinWPIM^r the future ery of the raw material, as want- t a fixed price. The contract wa3 ■ied out to the end, and yet when greement was made not a yard of h was in existence, and most of aw cotton was still In the field, m the Chinamen to the Southern nter, however, every party to the saction knew just wlmt would he arolit, and was insured against changes in value or price, e gist of tho whole business of es, legitimately used, was in that action of a quarter of a century °i before the time of ocean cables When steam transportation, both id and sea, was eiupl< yed to a paratively moderate degree. Since day the methods of cornmeroe e beon developed by the use of steam and electricity at a rapid rate, but not fash r than the requirementa of the world have demanded. Tno selling of merchandise only on the spot ceased to be the rule when same pies and mail rd vices arrived days, yWeeks or months perhaps, beforo the itual consignment. Then It beoame wonly desirable but often neoessary in a business sense, to sell to ar- to soil goods or orops_iu adyance teir arrival. In thi^Hfcke riski goods while awaiting a purchaser, bat delivered them directly from the car or vessel to the customer who had con tracted to take them. The seller, therefore, oould enter with safety into new engagements, and the buyer,pur chasing at favorable moments ahead of his want? 1 , could yet so time the arrivals as to meet hi? regular r.quire- meats. That is what “arrivals” are In the phraseology of modern commerce. They are still in use to a considerable extent in all the principal markets. The main portion of the business of the world in the staples furnished by this country is done under the con tract system in one shape or another. Italy, France, Austria and Spain, for instance, for the past twenty-five years at least, have contracted for their tobacco in the United Spates months before it came to market, and Spain for even twe and three years supply ahead. The whole tendency of trade in these days is to distribute crops as rapidly as possible and equalize prices throughout the world. The uncertainty as to the time the buyer would receive his merchandise and the circumstance that it often arriveel in a damaged condition were, however, continual sources of anxiety, and made the opening for present methods easy. The enormous increase in tiie volume of trade and the neces sity for a quick release from responsi bility on any one transaction aided the movement; and when commercial correspondence came to be done al most exclusively, in large affairs, by telegraph, the Exchanges were forced to adopt what is known as the future contract system—that is, the futures, so called, which are now under inves tigation. Daily and hourly reports from every market in Europe and America are posted in the Exchange rooms, so that superior information is almost a thing of the past, and the man of moderate means has a chance with the capi talist. Now, the present dealing in futures simply covers all the points of safety made in the illustration we have given of the contract of the Chinese mer chant and the Southern planter through its various stages. Toe fu ture, in flue, is a contract on paper for the future delivery and receipt, within a specified time, of a specified quantity of merchandise, at a specified price. The actual merchandise may not be delivered on that contract, however, for futures are used as a means of insuring actual transactions as well as carrying them out. For instance, the man who receives an order to buy or sell may not be able for various reasons to make the trans action at the moment, though the price may be at or below his limit. The exact goods he wants, in the exact quantity, mt<y not b8 available at the moment. He therefore buys or sells a future contract for a like amount. As soon as he has afterward carried out his order in the “spot” market—that is, by buying or selling the actual merchandise, he closes out his future contract, and the transaction is com pleted. He has,in hue, used the futur^ simply as an insurance against possible or probable 11 actuations in the market while he was executing his order. There are other uses of futures as a method of insurance against loss. For instance, a commission merchant has advanced on a quantity of wheat 90 per cent. its New York value. He sees the market declining and his mar gin disappearing. He must llieD, to save himself, sell out the wheat at cur rent prices, get more margin from the consignor, or sell a future for the same amount at the ruling price, He may be unable to at once close out the wheat, and the extra margin may be forthcoming. If lie sells a future, however, his advances are rendered secure. He is insured. By that means, too, the interests of the consignor are protected. He may also thus gain time to make up the extra margin, and so be able to get the advantage of a possible rise by carrying his wheat as he originally Intended. The farmer or {lanter may make the profit on his crop certain before it is harvested by selling a future con tract which ills crop will meet. He can thus sooure himself. For instance, cotton planters this year have told future on their crops at perhaps 11J cents a pound, giving them nearly a cent and a half above the present prices. The same thing is etill more true of our cereal crops, though small farmers must sell their produot for tat it wilLbring at the nearest mar- for their pr.nJuc. wee';? anti mouths ahead, for they know exactly the price of their raw material. They can assure themselves by buying futures. The ssles of futures based on actual transactions even may, however, largely exceed the volume of a crop, for the same commodit y is sold over and over again. They may be said to represent, not the v lame of the crop, but the number of hands through which tho crop has passed, that is to say, the variou3 transactions in it. Legitimately used as a means of in surance, futures are, therefore, of un questionable behefit all around. They are simple means of eliminating every possible speculative risk in carrying out orders for the buying and selling of our crops. Oar fathers were often ruined through doing a spot business on a comparatively moderate scale, because they were utterly unable to realize oa their merchandise until a decline in price had used up their capital and credit.—iV. Y. Sun. a. he Dispensary. Words of Wise Men. A babe in a house is a well spring of pleasure.—Tupper. Whatever is worth doing at all is worth doing well.—Disraeli, Nothing great was ever achieved without enthusiasm.—Emerson. Who can all sense ol others’ ills escape, Is but a brute, at best, In human shape. -JUVENAL. You may depend upon it; that he is a good man w'hose intimate friends are all good.—Lavater. We should look at the lives of all as at a mirror, and take from others an example for ourselves.—Terence. It is only necessary to grow old to become more indulgent, I see no fault committed that I have not committed myself.—Goethe. We should do by our cunning as we do by our courage—always have it ready to defend ourselves, never to offend others.—Qreville. Neither a borrower, nor a lender be; For loan oft loses both itself and friend; And borrowing dulls the edge of husbandry. —SHAKESPEARE. Life, believe, is not a dream So dark as sages say; Oft a little morolng rain Fortolls a pleasant day. —CHARLOTTE BRONTE. A man should never be ashamed to own he has been in the wrong, which is but saving in other words, that he is wiser to-day than he was yester day.—Pope. There are many men who appear to be struggling against poverty, and yet are happy; but yet more, who, al though abounding in wealth, are mis erable.—Tacitus. Choose for your friend him that is wise and good, and secret and just, in genuous and honest, and in those things which have a latitude, use your own liberty.—Jeremy Taylor. Men of great parts are often unfor tunate in the management of public business, because they are apt to go out of the common road by the quick ness of the imagination.—Swift. Though a soldier, in time of peace, is like a chimney in summer, yet what wise man would pluck down his chim ney because his almanac tells him ’tis the middle of June. — Tom Brown. Equality is one of the most consum mate scoundrels that eytr crept from the brain of a political juggler—a fel low who thrusts his hand into tho pocket of industry and enterprising talent, and squanders their hard- earned profits on profligate idleness and indolent stupidity.—Langstaff'. Every mind seems capable of enter- taining a certain quantity of happi ness, which no institutions can In crease, no circumstances alter, and entirely independent of fortune. L9t any man compare his present fortune with the past, and he will, probably', find himself, upon the whole, neither better nor worse than formerly.—Gold smith. Curried Chicken.—Cat a chicken in pieces ; put the pieces in a stewpan with one onien, In which you put a clove. Add some white broth, suffl? cient to cover the pieces. The chicken being cooked, make your sauce with the broth. Beat two pinches of cun y with two yelks of eggs and a teblo spoonful of cream, and thicken your sauce. Arrango your chicken on a plate with a border of rice. You can, if you like, mix the rice wilh the stew. Borne people prefer It, A Vermonter has invented a water felescope witli which lie claims he can see a llve-cent piece in forty feet of water. But the blasted telescope does nto bring coin up ; so seeing it is only jEn.^^ravation, and we don’t umeut. Bostont Biliousness. — Bad blood, too much blood, giving headache, a bud taste in the mouth in the mornings, variable appetite, sickness at stomach, chilliness, cold feet, and great suscep tibility to taking cold. One i r more of these symptoms is always present. Bimetimes a bilious person has a yellow tinge about the /ace and eyes, because the bile, which is yellow, is not withdrawn from the blood ; it is the business of the liver to do that, but when it does net do it, it Is said to be lazy, does not work, and the phy sician begins at once to use remedies which are said to “promote the action of the liver.” It has been discovered within a few years that acids “act on the liver,” such as nitric acid, elixir of vitriol, and vinegar ; but these are artificial acids, and do not have the uniform good effect of natural acids, which are found in fruit and berries. The Best Stimulant.—The best possible thing for a man to do when he feels too weak to carry anything through, is to go to bed and sleep for a week if he can. This is the only re cuperation of the brain power, the only actual recuperation of the brain fores, because during sleep tlio brain is in a state of rest, in a condition to receive and appropriate particles of nutriment from the blood, which take the place of those which have been consumed by or in previous labor; since the very act of thinking consumes or burns solid particles, just as every turn of the screw of the eplend id steamer is the result of the con sumption by fire of the fuel in the fur nace. Thesupply of the consumed brain substance can only be had from tho nutritive particles in the blood, which were obtained from the food eaten previously, and the brain is so consti tuted that it can the best receive and appropriate to itself those nutritive pai tides during a state of rest, of the quiet and stillness of sleep. Mere stimulants supply nothing in them selves, as they goad the brain, and force it to a greater consumption of its substance, until that substance has been so exhausted that there is not enough power left to receive a supply, just as men are so near death by thirst and starvation, that there is not power enough left to swallow any thing, and all is over. Almost all persons become bilious as the warm weather comes on; nine times out of ten nature calls for her own cure, as witness the almost uni versal avidity for “ greens,” and for “spinach,” an the early spring, these being eaten with vinegar; and soon after the delicious strawberry, comes the raspberry, the blackberry, the whortleberry; eveu the cherrks. the peaches and apples, carrying us into the fall of the vear. when the atmos phere is so pure and bracing that there is general good health everywhere. The most beneficial anti-bilious method of using fruit and berries as health promoters, is to take them at dessert, after breakfast in their natu ral, raw, ripe, fresh state, without cream or sugar, or anything else be? sides the fruit itself. Half a lemon eaten every morning on rising, and on retiring, is often efficacious in removing a bilious con dition of the system, giving a good appetite and greater general health.— Home and Health. Scientific Notes. Japan is discussing a patent law which proroses to give the introducer of.any device new in Japan a patent, in order to encourage the importation of machines. The Scientific American prints an interesting article on old inventiors in ordnance which should not b missed by anyone interested in the subject. The Quincy Market Cold Btorage Company, of Boston, are said to have the largest refrigerating building in the world. It. is of stone and brick, 100 by 80 feet in size, and 10 feet in The world’s product of lead last year is estimated by Herr Landsberg at 444,000 tons. China and Japan are not included as producers of this metal, although the probability is that their out-put of Dad is very large every year. Tho United Slates fish commission have been distributing large numbers of young’ carp for stocking ponds. Over 40,000 were sent out during the first ten days of November, and fiom 60,000 to 60,000 more were waiting diu| tributton. Among the earlier shj mstAWigM^lii^LFeiiuaylvanl^ KeTTlucliy, 1600 to to Iowa and Minne., inquiries Professor from 12,000 to 15,000 have been stocked si began. New application; s tan My received at the rat 100 a day, in addi’im to 10 height. The capacity is 8> feet, the cost $200 000, an chamber holis 600,000 tons o will be used for storing dr and mutton. The Chicago tiug cars unload at the door. The manufacture of curb from ush cay be aouacaplls ing to Jacquolain in Comp (xciv. 837), by passing gas over pulverized coal or cd to a bright redness, silica, alumina and magnesi as alkalies and metallic oxides, wo bo converted into volatile chlor' and expelled; even the hydroge driven off as hydrochloric acid. M. Tissanier, the French seron is prejacting the manufacture of elliptical baloon, which is to driven by a dynamo machine an storage batteries. The baloon will b 131 feet long, and will have a capacity of more than 100,000 cubic feet. It is calculated to give a lifting power i three and one-balf tons which wi when the machinery is in place, all| for a ton of passengers and ballast^ The hoard of commissioners ol proposed national exposition of way appliances have issued a cij announcing that they have s^ for the purposes of the exhibity Inter-State Exposition Buildil Chicago; and that their inter to hold the exhibition durinj and the fore part of July, 1£ large guarantee fund has alreadj raised in .Chicago. Apply spaco should be mado es secretary, Mr. E. H. Tali Pacific Hotel., Chicago, 111. A new test for gold leaf w! dently discovered at the Farrelll tian Art Glass Manufacturing pany’s works in Brooklyn., Farrell process the leaf is pl_ the incandescent glass whicnl blown. The expansion splits' into beautiful abd fantastic fori the object is then fired, coy^ glass with the vitreov using a guaranteed .991] leaf, the workmen for pansion separated the copper alloy, and thej mented with golj green, the la oxidation of’ It is stated ti eating oils is to’ the different kiny line across the glass about ti one end beinj higher than th<^ dined plane. TlJI do wn this smooth pi each other. The qi, lubricating purpoj distances traveler by the drops, sperm oi^jyiiJ it A gentleman wl an Arkansaw justicl obtaining money under’ He had entered a store, pi be a customer, but proved toj “Your name is Jim Licki the justice. “Yes, sir.” charged with a crime thal long term in the penitentiarj sir.” “And you are guilty crime?” “Iam.” "And yo^ no mercy?” “No, sir.” "1 had a great deal of trouble witt last two years?” “Yef, sir, I “You have often wished thi! were dead ?” “I have, please ’y Honor.” “You wanted to steal moi enough to take you away from Arb saw?” “You are right, Judge.” “. man had stepped up and shot you , as you entered the store you w( h&vosaid: ‘Thank you, sir.’” sir, I would. But, Judge, how you find out so Audi about uoj “Some time ago,’®iid the Judge® a solemn air, “I Mas divorced f my wife. Bhory^B^ r y° u her. The resul charge you. You havj