The New York Herald Newspaper, September 30, 1857, Page 4

4 NEW YORK HERALD, WEDNESDAY, SEPTEMBEK 30, 1853. NEW YORK HERALD. SFPIOR B. 7. CORY ER OF FULTON AND RASSAU OTS. ” conte et, [Og ren = ona, a NR Ed Ta “rae FAMILY ABRALD, eery Wednesday, at four cents per IOLUNTANY CORmAS POND ECR, aes, calistad "rom any quarter of the warid, ate ie rally pata for Sg-OUR FOREIGE CORR SSFORDENTS Az ame ‘Reoussrer WO Sais 41 LSTVERS ANB YACEAGES WO NOTICE taken of anonymous sorrespondance. Poturn Uiowe reiecied. - babes JOB PRINTING executed with meamen, chenpnes and der ADVBRTIREM ANTS renewed every day: o-leeriiomenls te ported tm the Weexit BemalD, Fam ), and in the Balvornia and European Bditions. ae. 969 Volume 4508 AMUSEMENTS THIS FV! — BROADWAY THBATRK. Brosdway—THat AGGRAVATING Som—Usay Ur—Masarese BIBLIO’ GARDEN, Bred ay 3 THEATRE, Bowery—Tas Wire—Last Dars or Paguita~ Branco. Pomrxis. BURTO®’® TEEATRE, Broadway. oppoatie Bongo xv Juiet—Daxanret Muxoan Dows Tow! WALLAOK'S THRATRE, Brosdway—Camtias. KEENW’S THEATER. Broadwav—Livina Too LiGHY JUARD NOTHING TO NUKSB, ar LaUBs Fart—siam NRW OLYMPIO THEATRE: Gowoo. roe Ties Iaien Tor0R. Sroadway—Dumes Baiz— AOADEMY OF MUSIC, Fourteenth street—Famamt. BASRUM'S AMBKIUAN MUSEUM, brondway—Sonas sy fox Waisn FicnTinGae—@eamp Aguamis, On Coram Gan- Par—OvuRiositiEs, AO. @RO. OBRIRTY & WOOD'S MINATRRLS, 444 Brosdway ~Brmoruas Mensramis— Naw Yeax Cars. MBOBANICS’ HALL, 472 Brosdway.—Neano Mevopizs— Ry Bueranr’s Minsreis. aday, September 3), 1857. Salis tor Hurope ‘THE HWW YORK HERALD—BDITION FOR SUROPY. The Cunard steamenip Pereia, Capt. Judking, will leave tals port to-day for Liverpool. ‘The Ruropean mails will close at haif-past ten o’olock in the morning. The European editios of the Humip, printed tn Frenok anc English, will be published et ten o’ciook in the morn: jag. Bingle copion, in wrappers, tx conte Babdscriptions and advertisements for any edition of the Waw Yous Sxnacp wil! he roosived at the following pincer @ Earore:— worpor—Am & kuropean reas Uo. , 61 King William at. '.— De jo S Place de la Bourse UrvErron—De do. 9 Chave! streat Livanroo:—B. Stuart, 10 Exot ange street, Kast, Saves Am & European Express 0., 31 Roe Coraetile. ‘Phe conteaia of the European edition of the Haratp wil! Qemdine she pewy recetved by mai! and vlegrr ph af the oMice during thy previont week, and ap to tae Bour of mablicaion ine News. ‘The steamsbip Arabia is now due at this port with news from Liverpoo! to the 19th inst., three | days tater than previous advices. The steamship Star of the West, with the Califor. nia pessengers, specie and mails of the 5th inst., is now fuily dne at this port, according to the usual time consumed on the passage. But we see bya despatch from Charleston that the Catawba had ar. rived from Havans, having sailed on the 25th, at which time novhiag bad been heard of the Star of the West. She may be in to-day. The steamships Philade)phia and Quaker City ar. rived at this port yesterday with news from Havana to the 25th inst. The duplicates of exchange and correspondence on board the wrecked steamer Central america reached tris city by the above mentioned vessels. Monetary affairs in Cuba were still in @ critical condition, but the banks held suffi- cient cash for the purposes of trade. Sugar was dull and prices declining. Freighta were also dull. The hesith of Havana was good. Our correspon- Genta state that toe landings of slaves were frequent and carried on in the most undisguised manner. The flags of France, Holiand and the United States were displayed by the traders. Five hundred and pinety-pive free colonieta from China had been set | ashore from two vessel, one of which lost sixty ceolies by death on the passage. They came by way of Saint Helena estates these unfortunates were cruelly lashed, and suicides wore +o frequeat amongst them that a go. verpment investigation of the causes which led to it took place, when 4 revolling state of management was expored. Fourteen thousand eight hundred and ninety- ue Asiatics bad been set ashore during the year up to the 23d instant and two thonsand three hundred and four others had died on the pas sage. A cargo of Africans was landed at the Punta Castle on the 18th instant, which filled forty volan- tes, in which they were driven off to the planta tions. The captain and crew escaped. The Ameri can bark Mazepps bad been captured by a Spanish war cruiser as aslaver. She had several buadred negroes and the smallpox on board. We have flies ‘rom Buenos Ayres to the Ist ult, ‘The custom house law for 185% had been published. It differs little from that now in force. Articles of export which are subjec: to a specific rate at present will be then rated at a tariff same as imports, re- ducing ali four per cent. Trade during July was very unprofitable. Goods suited to the markets of the interior sold well, however. A Brazilian gobooner Lud effected a trading run to Cayaba and returned to Buenos Ayres, but the results of the fpecolation were not kuown. American flour was beavy in the market. Bix thousand political exiles were expected from Naples at Entre Rio, where five hundred Swiss emi- grants were already aettied. We have news from the West Indies dated at Kingrton, Jamsica; St. Vincent, Barbadoes, and St Thomas on 27th wit.,and at Bermuda on the 16th iat. weather as exceeding!y propitious for the growing crops, the isiand having been visited with rain in abundance. The wet weather had occasioned con siderable sickness. Governor Darling was well re ceived by the people. The Kingston sugar market had greatly declined. Sales are quoted at 27s. to 30s. 3d. per 100 Ibs, and some had been made at 26. 64. Mr. Gyre was expected to resume the go- vernment of St. Vincent. The export of arrow root from St. Vincent bad reached 6,745 barrels. The ‘Trimidadiane were exulting over haadsome returns from their extates for the season just ended. The diecovery of considerable seams of coal is confirmed: 6,225 barrels sugar, 11,171 puncheons and 356 tierce: molasees bad been exported to 7th of Aw British ship of war Brunswick arrived at B on the 17th of August, and sailed on the 19 Greytown. There is nothing of importance Bermoda or dt. Thomas. We have news from Nassau, N. P., to the 20th inst. There Was nothing of interest occurring. Later Advices trom the gold mines recently discovered in Giane state thet the mets! procured from them is of fine quality. Accounts from Mathew Town state that the company hed raked in the aggregate alont 65,000 bushels of salt, some of wiuch had been sold at ten cents per bushel. The weather -ontinued fine. Our correepondent at Port-au-Prince, Hayti, writing on the 12th inst, represents trade aa very Guill, with freigh's difficult to obtain. Old coffee sold at $12. Rice, tobacco and flour were aoarce and high, There was little sickness in port. The condition of foreign seamen sick in the pitale was very wretcbed. They are poorly tended and fleeced ¢xorbitantly for medical charges; but ne ther the government nor merchants seemed to take any interest in the matter. Jolin Bridget was arrested yesterday upon the Charge of setting fire t premises No. 59 Cannon ptreet, He war committed to prison to await the (nvestigation of the Fire Marshal, The premises re veived but jittle damage. Captain McGowan. of the steamship Empire City, fete been presented by the passengers of that vessel Lumber was in good demand: | The reports trom Jamaica represent the | On some of the sugar | with a splendid gold chronometer watch and highly wrought chain, as a token of esteem for his able and indefatigable conduct during the late hurricane en- countered off Cape Hatteras. 4 correspondence of a violent personal character appears in the Washington papers vetween Mr, Thomas C.Donn and Mr. Edward A. Pollard, the former a mogistrate of that city. The quarrel origi. nated in an article published in the Richmond South reflecting on the insufficiency and corruption of the present system of police and magistracy of Wash- ington, and Mr. Donn being a member of the latter body, writes to Mr. Pollard to ascertain if he is the author of the article, and if tne reflections contained init were intended to apply to him. Mr. Pollard avows the authorship, whereupon Mr. Donu publishes a rejoinder defending his conduct in refusing Pollard warrants against certain parties who he alleges had attempted to assassinate him, Mr. Pollard retorts in a letter in which epithets of the most abusive kind are applied to Mr. Donn, and the plainly ex- pressed object of which is to provoke Him to a duel. Here the matter rests for the present. There is a windy discussion going on in the Charleston papers with reference to the South Caro- lina United States Senatorship. Recently Mr. R. B Rhett, Jr., despatched a note by his “friend” H. M. Manigault, demanding of Mr. Isaac W. Hayne whether a statement which he (Rhett) deemed an “insulting aspersion” was intended by sad Hayne to be so construed. Hayne replied that he discussed the subject as a journalist, and would not “back down” from that position, but that he never intend- edto put an “insulting aspersion” upon any indi- vidual. This was satisfactory, and Mr. Rhett lost his cbance of “bursting a cap” in company with Mr. Hayne. A democratic mass ratification meeting was held last evening in the City Hail Park for the purpose of ratifying the State nominations. The meeting was bot exactly orthodox. It was called by a juve- nile association, formed ten days ago, under the title of the Democratic Central Club. Mr. Wm. J. Rose presided at the principal stand, and Mr. E. R. Swack- bamer at another stand before the Hall of Records. There were many but not prominent speakers, Let ters were read from Mayor Wood, ex-Governor Sey- mour, Governor Wise and others, The American Convention for the nomination of a Surrogate and District attorney met last evening, and organized by appeinting Daniel Bowley chair- man aud Edward Winnegan secretary. The Regu- lator delegation from the Thirteenth ward was rejected. and the regular Counsel delegation ad- mitted. The first ballot for Surrogate resulted the choice of Alex. W. Bradford, the present incum- bent; and the first ballot for District Attorney in favor of Daniel Ullman. The great four mile race over the Fashion Course yesterday wes attended by an immense throng of spectators, The purse was taken by Nicholas I., who won the first two heats. Time—7:45, 7:47. | We give a graphic report of the contest in another column. Two professors of the fistic art, named Barney Aaron and Johnny Mornegan, fought a prize figtt near Providence, on Monday. The battle lasted three hours and a half, when Aaron was declared the victor. Both were severely punished. The stake was two hundred dollars. The Board of Ten Governors met yesterjay. A long petition in favor of trying the homeopathic system of medicine at Bellevue Hospital was re- ceived. There are 6,715 persons in the public insti- tutions, being an increase of 24 since last week. The Board transacted considerable routine business, but nothing of general interest transpired. On Saturday last a massive gold headed Malacca cane was presented to Alderman Thomas Coleman, of the city of Troy, by Messrs. J. R. Platt, Knapp, Pettigrew and Keyes, delegation from the Pacific Engine Company No. 28, of New York, in remem- brance of their kind reception in Troy on the 24th of August last. The presentation took place at the Troy Tavern. The trial of Michael Cancemi, charged with the murder of Eugene Anderson in Centre street on the 2ist of July last, which has occupied the attention the Oyerand Terminer for six days, was con_ cluded yesterday. The whole of the day was occa. pied in summing up, and toe jury retired at 5 o'clock, but up to a late hour last evening they had not agreed opon a verdict. The whole number of licences that have been granted by the Excise Commissioners since their appointment is 637, and the whole amount of money received for them and paid iato the county treasury is $17,125. The Commission intends to keep open till the constitutionality of the Excise law has been decided upon by the Court of Appea's. The papers of the contestants are nearly ready to be carried be- fore the court, and are said to embrace some strong points. If the law is declared unconstitutional the Excise Commission will be null and void ; if consti- tational the Commissioners will sit twenty days thereafter, so a8 to give all the liquor dealers who may then desire it an opportunity to obtain licences, The joint special committee appointed by the Common Council for the purpose of reporting the names of suitable persons for inspectors and can- vaseers at the ensuing election beld a meeting yes terday. The representatives of each ward had been requested to report names of suitable persons for said offices, but only the Fifthand Eighth wards did so; accordingly the committee decided to adjourn till Friday next, at 2 P. M., 80 as to receive reports of names from each ward. The foreign exchange market was very much de. pressed yesterday. Bills to go out by the Persia to. day, especially those drawn against the shipments of produce, were almost unsaleable at any price; and some of the best class offered were sold at Sc: | @ 100¢., and in one instance a sale was reported of a bill drawn against produce as low as 90c., which appeared almost incredible. Good bankers’ bills were sold at 102c. a 103e. Now the par of exchange at the valuation of American gold in England ts about 109; it shows that the above rates give a large margin in favor of this coun- try, amounting at 102 @ 103 toa margin of 6 to7 per cent, and at 950100 to 9 and 10 per cent. As the bills can be sent to England. and the gold in payment returned from that country to this in thirty or torty days, it is clear the operation would prove a profitable one. The present rates of sterling ex change are about the lowest probably ever before known in the history of the country. On one occa- sion previously they fell, it is said,to 95. A number of houses, holders of foreign orders for the purchase | of produce, which are even below limits in prices, it is said, bave written to their friends abroad that if they wished further purchases to be made of mo- ment they must send over the specie to do it with. The snles of cotton yesterday were quite limited, the hic! move cent consisting 9 shipments made on owners’ Acoust to Liverpes!. The low rates and d'fficult megotie \ton Of sterling bile Of exchange tended to prevent sale, om the #pol The receipts of the mew crop are quite Night, chiefly confined to rwall lowe by steamers from syannab end Charleston, Rastern spinners are now to « goat extent ont of market. The stock bere in first hande * very light—cetimated by some parties not to exceed bout 6,600 bales The flour market was irregaiar yer erday. Common crades were lower, while extra brands were without change, except in some forced sales for cach . #pot at rates below the otherwise current prices, Wheat wae also irreguiar and easier for Western “nd common qnalities generally, while prime choice lot were scarce and {mn good export demend sales were preity freely made, Corn was lower, with moderate sales of Western mired at 700, For Soxthern yellow [8e. was bid and Tho. asked. Pork was Grmer, Sod salee of about 1,000 bbls. mese were made for oseh on the cay at 624.60, and about 500 do, at $96 Prime Wee mi SiS 160819 Sogers were sold to the extent of SPouL 200 8 800 bhds , at rates given in svother colu Meee LAA Stewart bave reduned taeir prices fo refined fogare io. wo So. per Ih. Colles war steady and quiet Freight ongage vente incinded gran to Liverpoy jo balk and Dage at 64. to 6d, with cotton at 3-164 to 7-021, with come flour at the previous day's rates, Taere wore algo engagements to London, Bayre, Glasgow and Biemen, potioed ip another piace ‘The Case of the Sepoys in India, From the news by the Indian mail a ray of hope is left that the British camp betore Delhi may be rein‘orced from the west and the south before the mutineers from the neighborhood tara the flank of the little army, surround and destroy it. The news by the previous mail gave rise to mapy apprebensiors that it was all over with the besiegers; now matters look a shade better. General Havelock from Lucknow, Brigadier Nicholeon from the Punjab, and lastly Sir Colin Campbell—who must have left Calcutta for the ecene of action before the middle of August—are all hastening to the “new Sebastopol;” a few weeks more endurance on the part of the “ be- sieged besiegers,” and the game will be theirs. With even a quarter of the force that cau be opposed to them, the British will without doubt take the place. The only contingency that is inconsistent with this, and yet consistent with porsibility, is the rapia decay of the army fron disease and fatigue, and a repetition of such sorties as the affairs of the 14th and 23d July; but they are less probable than the other issus. We see enongh in the Eagtish papers to sstis’y us that when the hour of trirmph comes for the English their victory will be bathed in blood. Almost without exception the British papers call for the most sanguinary vengeance on the Sepoys; even laughter-loviug and genial Punch joins ia the patioval clamor by depicting “Justice” striding over prostrate darkies, and driving a bayonet down the tbroat of a vilianous looking Hindoo. If Sir Colin Campbell does as the British public waut him, he qill rival the most bloody minded of his slaughtering ances‘ors. ‘This cry for blood has been stimulated by the stories which are cizculated of the crueity, bloodthirstiness, lust aud brutality of the Sepoys, the treacherous surprise of defenccless Eugtisn people, and the horrible assassingifon, with un- heard of tortures, of poor helpless women and children. Now, though there be reason to sup pose that these stories are very much exagge- rated; though the English are apt to consider the violation and murder of one of their own coun- trymen as a very different and far otherwise heizous offence than the like enormities perpe- trated by a British soldier on a Hindoo girl ; though, in fine, no town was ever taken by storm, no village burnt, much less a revolt of soldiery aud peasantry successfully achieved without these same accompaniments of murder, tape, violence, treachery and brutal crueity; yet still, there is something so horrible and heuct- rending in the tortures which bave been inflicted on the few score of Eaglish women and children who have fallen into the bands of the mutineers that no man, wherever he live, if he have a heart in his breast, can help looking forward with com placency to the pucishment of the devils who thus disgraced humanity. At the same time it may be well for the English to remember thata long contioued ad- herence to the example of cruelty set them by the mutineers could hardly fail to cost the aven- gers the foreign sympathy they now enjoy. That amicble portion of the Irish race whose heart warms with joyful exultation om hearing of ravisbed English girls and mardered Euglish babies have had a pretty hard time of it. we are thinking, in their effort to get up sympa- thy here for the Sepoy assassins; even John Mitchell felt it necessary to repudiate them; we trust the English will not supply these worthy persons with the material to contiaue their plessingly humane agitation. On calm reflection it must be obvioue, in Eogland as well as here, that tbe Sepoys may claim the beueflt of the excure which is the only palliation for the most shocking atrocities in the history of every Euro- pean nation; they may say with truth that they have been impelled to do the deeds they did through religious fanaticiem. Religion, aud religion alone, hes been the moviag spring of the whole movement; not only of the prime outbreak but of the subsequent borrore, which a fierce religious fervor might well raise to tne level of sacrifices acceptable to God. How long is ic since our own race killed, barnt, ravaged, aye, and slaughtered delicate women aud young babies, all for the eake of religion? Let the English reed their own history, and whea they shall have forgotten the tales of fleadist crueity and bloodshed which religious fanatic'sm im- pelled their ancestor to commit, thea let them bid their soldiers give the sword no rest, Nor are they biameless in tho matter, That India hav been misgoverced, and the native popu lation, in Bengal especially, cruelly oppressed. ia notorious. But the missionary enterp-ises, coa ducted as they have been latterly in a spirit of rude, overbearing dogmatism, practically carried out in masy piaces by actusl cvercive measures of conversion, have iovolved even a larger re- sponsibility and a heavier guilt. Let the Bng- lish put the case to themselves, and inquire how they would feel towards an enemy who, holding accidenial sway in their island, should compel their children to Go homage to Bratma, or coerce 4 part of their people to sacrifice to Juggernsutt? When they thoroughly appreciate bow they would feel towards such ao enemy in each 4 position as this, and thoroughly realize now they would be moved by a sudden prospect of emancipation and religious freedom, then they witl be in a fit state to judge the Sepoys, and tikewise to form a just opinion of the merits of the Exeter Hall doctriaes We urge these ideas from a conviction that the triumph of England ia India is merely a question of time, and that whatever ehe decides oo doing she will have the power to do. The contest is too unequal to last long; the mutineers stand alone, without # friend in the world, white all Christendom, inclading, it seems, Rassia and the United Stater, identities the cause of E.gland with the cause of civilization, and wishes it weil It will be @ pity if her triumph should be stained by any manifestation of barbarous revenge. Gen, Scorr verses Gey. Posow—The lee ter of Gen. Scott, which we published yesterday, demolichee Gen. Gideon J. Pillow, and shows him to be the fillicst jackda# that ever strutted about in peacock’s feathers. It seems almost in- credible that any mao except a oataral bora fool could make the specific and positive aver. tions which Gen. Pillow has recently made tn bis letter to the people of Tennessee, with nothing to support hie statements except bie own flimay «ae picions and conjectures; yet, according to the clear and simple averment of Gen. Soott, al these wonderful disclosures of Gen. Pillow, con- cerning the bribing of Santa Aona, &o., are nothing more than a tissue of shallow and foolish inventions. In this view of the controversy Gen. Scott's treatment of this redoubtable Tennessee military pretender is most excellent, In fact, this brief letter of Gen, Scott is the best that be has ever written cpon any subject, or against any lester writing opponent, in the whole course of his life. fad be handied Secretary Marcy ia the same masterly style, and had his speeches and let- term daring the campaiga of 1652 been oqually sharp, poisted, pungent an‘ decisive, Gea. Soxtt would now, we dare say, be living in retirement upon the laurels of 9 brilliant administration of the general government, Next to the cool and decisive way in which Gen. Pillow is disposed of, we must approve the generous interposition of Gen. Scott in behalf of the claims of the peace-maker, Mr. Triat, to the consideration of the American goverumeut and people. It cannot be denied that Mr. Trist was very cavalierly treated both before and after his treaty of Gaudalupe Hidalgo; bat we have no doubt that if his triends will second the magnani- mous motion of Gen Scott, the reward due to Mr ‘Trist on account of the great pubiic service in- dicated may yet be secured. Mr. Buchanan is a just apd generous man, snd muy be relitd o9 to act upon this as upon otber matters, without re- ference to wrangling cliques or petty personal jealousies that have bad thir day. Who seconds the motion of Gen. Scott? Our Relations with Centcal America The correspondence that has lately passed between cur government and the representatives ai Washington of the severa! Central American States, the particulars of which we have recently given to the public, evinces tbat our diplomatic relations with those republios are not of the bes! character, and that questious pertiuent not oniy to ourselves but to the commerce of the whole world, are involved. In the contest which began ia the domestic broils of Nicaragua, to a participation in which foreign private aid was invited snd freely given, and which became ultimately a contest between the ether States of Central America and the dominant government of Nicaragua, there has been a forgetiulness of tne laws of war and ot duty towards a friendly nation, which neces sarily involves grave consequences. Tae fact that Walker wae an American citizen, and that other American citizeus, abjaring their nation- ality, join'd with him in assisting one of the parties to the civil war raging ion that coantry, and ultimately in establishing, in conjunction with a vative party, a government, afforded no warrant for an indiscrimivate warfare against these of our countrymen who were in that region and who did not participate in the domestic dis- eersicns Yet the Central American allies, in their fierce animosity against the partisans of Walker, have not hesicated to include all who claimed the name of American in their destructive vengeane-. American citizens residiog peacetully at Virgin Bay and San Jaan de! Sur have bees despoiled of their property; others residing in Granada, re- cognized as such, in the enjoyment of their law- ful pureuita, and even ministers of the Gospei, have been seized and ehot while resting under the belief that as non-combatants they would be re- epected. And moreover, the property of Ameri- cans residing here bas been seized without remu- neration of any kind, and n0 step made towards seeking its rightful owners. The steamboats, wagons, roads, storehouses and utensils of the Transit route are American property without a shadow of doubt, aud yet the goverameat of Costa Rica offers them for sale ia the market, and it bas been alleged by Mr. Andersoa that the President of the republic is a private partner in the speculation. In this position of affairs the representatives of these States appeal to our governmeut to despatch vessels of war to defend their coast against an anticipated return or Walker, The rePly of General Case very properly aod justly intimates to toem the views of this gov- ernment in relation to past outrages apon our citizens, for which those goverpmeots seem to en- tertain no thought of atooement, and takes, more- over, the bigh ground that this governmeut caa not look unconcernedly upow the cioting of 4 highway which should be opem to the whole world. That the admiuistrauon will do every- thing it can properly do to prevent any infringe ment of our duties towards ower natioas is be- yond a doubt, and for this it needed no stimulus trom the Central Americana representatives. Bu‘ that it will go further thao this, and by sending sbipe of war to those shorer, comaut what would be an indirect act of intervention in their domes- tic difficulties, no ove can suppose. Those gov- ernments mu-t review their past conduct toward our citizens, and evince a dispustiion © maintain good relations with us, and with the commerce of the world in its transi¢ across the American isth mus, before they can become entitled to the sya” patby and respect of civilized vations. Phe Fizancial Revulston and the New York Herald For the honest and upright course we have pursued for some time past, as an independent journal, ia relation to fiaancial aod commercial affairs bere, we bave been the recipient of much abuse from the ematler fry among our Americaa joarpals, from all the speculators and stozkjob- bors, and even some misguided hones: mer in the community, und also eeveral of the minor British journels, Because we eaw the clements of a fearfal re- vulsioo gathering for months past around our business men, and spoke our mind freely upon the subject, giving timely warning of the impend- ii g crasb, we have been accused of being a bear speculator and laboring only to subserve our own interest. So in other times, whon we have seou the elements of prosperous trade on every side, and have eo stated in our columns, we have been accused of being a bull epecula‘or and en- deavoring to advance stock for our own private purposes. Each of these accusations is utierly without foundation in traih. We have simply commented upon the curreut affairs of the time as we found them to be upon a critical and just examination; and in doing thie we have performed our duty |to the public, as an honest, upright and iudepeadent joarval. We revoguise in our mission a higher duty thau that of buliing or bearing stocks; and we have performed it, and eball continue to perform it, regardless of the abuse of the interested aad short-sigoied journals of Wall street or anywhere clee In performing thie duty we are doing a rea service to the honest portion of cur buadacw commnnity ; aod of thix fact we have received withio « ehort time past, many ratiefactory aud convincing acknowledgmen's. Toere were nol a few in our midst—ponest, sound busines men—who believed that, in telling them the true state of things, and warning them of the wire spread mines that the epecwiators ane svemers were eileotly preparing bencath their feet, we were doing them a diservice—a real injury— and making war upon the beet interests of the country. The daily developementa of rotteaness that are taking place arowod us, haye convinoed the true businese men of their error in jadging us; end it has been to aaa source of gratifiow tion that many have come frankly to aa, and acknowledged the wisdom and truth/uloess of our warnings. And, in fact, it must be evident to all busines? men, tbat between the true merchant aud the epe- culator in stocks, railroad mortgages, cotton, su” gar or real estate, there is and can be no communi ty of interest. The latter absorb with the fallacious offer of ‘arge profits that portion of accumulated capital that abould legitimately be at the service of the mercbaxt for pertecting the exchanges of commerce; snd his operations are limited or ren- dered difficult and profitless by the competition of men who have nothing to lose, and therefore can afford to play a high and bold game. This is the operation that we have seen going on in our midst for many months, Speculeters in cotton, sugar and other necessaries of life have got hold of large amounts of money, and run up prices of these articles to famine point; operators in Weat- ern lands have done the same thing, and held the eections of newly opened country at prices that would deprive the industrious settler of his last dollar; contrivers of fancy railroads and other echemes have held out magnificent offers to cre- Gulous capitalists and borrowed every dollar that could be had, paying themselves enormous per centages, fat contracts and fictitious dividends, until they have rolled in borrowed wealth and built splendid mansions to live in. This is the etate of things that we have seen from an uninterested and unprejadiced point of view, and it required no gitt of prophesy to fore- teli the reeult. This it was that created the bulls and bears our financial circles. But the very existence of theee indicated how the individual mind judged the future; for bulling and bearing in stocks is nothivg more than gambling by bet- ting on the rise and fall of market values. Whenever one largely exceeds the other it is of iteelf a proof ot the increasing weight of opinion in that directioa, as evinced by a multitude of keen, tubtie avd observing mivds. We repeat, that it is a eatisfaction to us that our houvest aug eubsiantial business community have recognized the uprightpess of our course, aud our true apd lively sympatby with their best interests. As for the s'ipendiary press of the stockjobbers and speculators we care not a pin for their ravings, and the foreign journale, who desire oniy the truth in regard to affairs on thie side of the ccean, and who bave been led astray by the as- surances of interested parties, will learn from the actual result the wisdum of our warnings aud the truth and honesty of our motives, THE LATEST NEWS. interesting from Washington. THR NICARAGUA TRANSIT ROUTE—i NEW COMPANY IN THE PISLD—THS OLY OUMPETITORS UHECK- MATERD, BTC. Wastaxcrom, Sept. 20, 1967. I bave been informed, on authority in which I plage full rehanco, that negotiations have beom going on for nap, months past between the representatives of some in! 1en tial English capitalists and the present Provisional gov oro mect of Nicaragua in regard to the right to convey pas sengere and freight through that cou: ; and lem as sured that so far as It oan at present be, the State of Nica- ragua is pledged to code the sole right to thie arroolation The capitaiisie of whom it ts composed are Thomas Man- Bing, q, ber Britannic Majesty’s Consul at Realej>, Ni Caragua, now restaing tp London, and the executors of Willam Gientoo Eaq , late of Leow, Nicaragaa. The go vernment |r lodebtet to taom about $160,000. The aganw ere are Wag@itpton son of the jae Wiliam Gienton, aa B. Ciover, late of the firm of Dawson & Oo., of this cliy. Untlia President of Nicaragas is formally elected, ao act of tbe goveramrnt can be considere i bindiag. Toe ure sent Dctaters are reif-a,poleted, anéd merely act pro tem ‘MpUi the vow populi shall elect ite chief officer Reportea;s (hat bot of the ea‘sling fonclcnaries Dave refused to ac cept the respouall [ty of President, bat consented to re- tain the rcins of government uni! « Mt and proper person eba!l be found ‘Shortly afver tne Acoe:sory Traneit Company commenced tho bnaivess of carrying passergers, the government of Nicaragia morigaged its exprotant recetpts ‘rom the fran +1 Company to rome Rog lish cap: wiiats reniding in thatooun try, for (ne dovbie purpose of giving addidonal seca ity for Iran al eady made and obteiniug @ fresh one. The Trac #1 Company repudiated ite Indediosnese to tre Nicaragoac government, and conrequently the latter conld not ma‘e g000 Lie engegements. Toe whole watier bas, Tam to formed, been browght nder the notice of Lord Ularendon; and as the British government has ths credit of protecting the interests of ite nubjicw, I feel dispored to place some faith Ip the con iient arrertions of my Informant, who as qures me that li will give iu protecwraie should the capi. taluts ebove alluded to obtain tbe grant, Ik would seow to be a fair presumption that they will get it, ag Tucderstand the terms proposed are very ad vaplageons a! regards ibe goverameni of Nicaragua. One Of the most imporiant conditions is, that the contractors five av entire release t> Nicaragna from all tadebiedness, thereby relieving te Site of ali Kisds of pecuniary burden oF ei cum»rance, ‘@ consummation devoutly to ve wiehed"’ to that unfor mnate country Ti te expected that the sicotion of President will take piece withia a very short prried of time, and in view of wuob an event the agen im Now Yorkof the partion oamed iniend leavivg tm ihe aext steamer for tao purpose of fpaliy clovlg the business. Wiib regard to (he pretensions of Costa Rica there is overy renson to beileve that Nicaragua nover entertained tho slightest idea of coding to the former any portion of tho right of way, end I feel pretty confidest in asserting that our own government would be disposed to adopt © eimiler poriey to the Britien end join with it in protecting the rigbte of e company which reopened this groat and \mooriant highs ay under the sanction and «pyroval of the regular governmens of Nicaragua. The oxis'1ag controversies betwoou our competing com- modores and their various emissaries may therefore be counied wyon as ara~ing to @closs, and Revosforth, ae far & regards (be wanets scrces the lsthmas, it ie to be pre- fumed they will be civecting their atiention to making Con'ragte for the conveyance of pasengers hemoe to the Atlantic terminus aad from the Pacific termigue to Cail. fornia RFTURY OF THE PRESIDENT— THE SROOND COMrTROL- Tho President arrived here io the cleren o'clock train today Tt We enid his wielt Lancaster had reference to some financial matters = Ae hed a large amount of mwey Ww one of the Laremster backs, aud it had been ramorea ‘or ome Coys that eeid bak waale @ rather precarious situation ‘The Cabinet met at an early boar today, and made a pumber of nnimportant appotn'ments, Mr Brow! end, Second Comptroller, was to day notified thst his serviogs wero no longer required. J. Madison Colle bar been commistoned for the plane vacated by Mr. Brothead, Coarges were today filed in the Treasury Department io the effect that Mr Outte had made applica Hon to Join the Know Nothings, No one here credits tt, Since the panic opwards of @ million of the public ded: has been sent in for redemption, ef which aoarly three bupdred (hoveanc came in yesterday. ‘The desth of Major Lindsay, of the Quartermasier’s De parton’, has brongnt a vumber of gentiomen here, who sre desirona of geting the place. | learn this evening the Captain Sutherland wii) doubtless get it ‘Thalberg sud eviie arrived thi quarters at Willari’s. Tiekets f fold before noon ty-day ‘Tho Nava} Court Martial f9 Lisot Lyne’ case will clowe to worro# Before Naval Coort No. 1 to-dey, the case of Lieutenan Turcer still being ender Coomderstion, Purser Slamm and Lieutenant J. A. Nicholson were examined on the govern mont’s bebalf, Before OCoart No 9, the onee of Lientonan’ Binre! being stil! on Commander Gliton ant ex Go vernor (formeriy Parser) Price of New Jersey wore ox amined on behalfof the applicant Before Court Yo. 5 the care of Laeulepant Roi) being till on trial, Commander Rogert wer recalled He thought Lieutenant's Risil’s moral character ar an officer bad—ae® gentleman not al togetberlonexeeyptiano sie He wae & pro eenor of religion and mahi have Chapistn, He oad none of he common viowe—r@ter draok nor gam>led. [.isutenanw Oooper aod Gowen were also oxansined on behalf of the government. The telegraph (ast evening made end havoc of my re port of Commander Rogery’ \estimony. fhe survey of Cont R, made ip 1852, wae made to read “survey of Lieut. R. Meads,” &o. Sevemal other errors oconrred. cial crisis will sertonsly affect the receipts of revenue, He © ts af 0 loss to prepare his estimates. There is as yot no report from the travelling beard to inepe:t armories and breesh loading firearms. THE GENERAL NEWSPAPER DESPATCH ‘Wasnmarton, Sept. 29, 1867. (The Commimioner of Patents is sending out ctroulars ‘ with the view of ascertaining the amount ani cost of eut- ton consumed in the Unied States during the fiscal year ending the 30th of June inst, and the qualities and values Of the different classes of goods into which it is manufac- bared. Ool. Emery, the Un'ted States Com missioner for running Corps Of assistants will leave this week for Mexico. Thomas Kergent bas been appointed Reosiver of the Land Office at Fort Dodge, vice Van Nutwerp, resigned; ‘and J. D. Byaus the Receiver at Minneapolis, Misnesota, view Bursell, resigned. James Baker, Receiver at Onaritom Towa, bas sout @ his resignation. ‘The steamer Jura, with t nate is Desoatohes Naw Unixans, Sept. 28, 1857. ‘The eteamer Daniel Webster, from New York 17th \met. via Key West, with the Uallfornia }, bas mot yet been telegraphed ‘The deaths in this oity last week were 108, ‘The United States Steamer Merrimac. ‘The steam frigate Morrimac day, and will leave to morrow for the Pacific station. News from Ser 29, 1887. arete ednesday (lath Now Orleans papers of Weduosday cf’ week band, by the arrival of the mail as late as que. Coptous rains had fallen in Western Texas. In two engegoments with the Indians near El Paso, they had heen badly beaten, and the campaign was considered Nine hundred Indians wore at Janos, near the Mexioas boun: ary, reo*ving rations from Chihuahua, where there bad noes oe rains. Wheat and corn were abundant, and almost « drug. Companies © and M, Fourth artillery, under mand of Col Bolton, from Florida, had arrived ai Now Orleans, on route tor Kansan, News from the Plains, St Loum, Sept. 29, 1887. ‘The Santa Fo mal) arrived today. Toe news tain portant Cl Joabroay the Commander o tbe Ui a, left Leaven' on Thuraday insi, Accidents to the Steamers Knickerbocker ana New Worid ALDANY Sapt 29, 1867. The steamer Knickorbsoker sp ung elcak at her door at 8 o'clook ibis evening. She has aboat three feet of wa.er tn her bold, 8h ro bout the same time, bot Scie Seraeiet at SFE pay ¢ New Worlo is aground, off before 11 o’elock to night ig Verdict In tne Case of Quartermaster Rey nolds. Pui.aDairana, Sspt, 20, 1867, in the cave 0! Qaartermaster Ae7- jelaul © the govercment m ne our 0' § "80.000, ihe jury, to tay, retw ped & verdict tat dhe governrent was ved to the deferdent in ever and judgment was accordingly eniered in his favor. Whe American St.te Committee. ALBAPY, Sept 29, 1887. ‘The American Siate Commiitee mot at the Delavaa ‘House 10 day and elecied Lorenz) Surrows, Chairman; L. 8. Pareons, Vice Ohairmsn; John N. Wilder, Treasurer; and Henfy Q Lanving acd © I. Skeels, Secrotaries Me B rows the obairmanshiy in consequence of offl- cial ergsgements. Mr. Parzone was then made chairman. AD exeoutiy~ Cor mittee was a] of which Mr, Bur- mocepted the Ip. rows Convention of Rat!road Officers. Borrato, Soot. 29, 1857. A Convention of Railroad officers from tho New York, Western anc Now Evgloud roads, was held here to day. Time tables wore agreed. u} In the District nolds, charged with pon for service The me between this city and New York is fixed at 18 hours. Samuel Sloan, Eiq., of the Hudson River Railroad, pre- Arrival of the Alleged Pirates of the Brig Albion Cooper. PouTLaND, Sept. 20, 1857. ‘The bark R. H. Knight, with the murderers of the brig Albion Cooper arrived here th's naar. The marder- era are now lodged tn jail. The Irieh lad who was Gate's evidence died of yellow fever cn the passage. BALTIMOKs, Sept. 29, ‘The echooner Alabama, from Port su Prince, on tae Sie {net bound t New York, bas put inio thls port ta trove, having experienced vy weather, On 42a rat ehe exper enced ® severe gale whica strained veene! rOasiterably, cn’ Sieak She was obliged to (brow overboar. her dock load, consiating of logwood aad ® bondred barrels of syrup, oat of her bold. he alo lost her sails and sare. BAvriwonm, Sept 29, 1867. The Amorican Sunday School Union bas recently dis- covered that notes and acceptances, amounting to nearty $59,000, have been ciroulated without their authoriiy, A card bes been prepared divowning them, and asserting that the Board is not responsible for thelr pay meat, The Boston Firemen ‘The seoond annual parade and muster of Depa: tment ook piace to day [a tre morning ial of the different engines upon the prizes, with the following remalt:—Firet » tremyet to No 6 for piaying & horizontal eeoond prize to No, 8 for filling a taak o @ ght miputes twenty #ix teoonda; third 4 2 8 lik riz 3 i B if ize Fs f No 8; fourth prize to Hose Co No 1, ani tae Ona prise © Book and Ladder Co, No. 1, Tho) whole Department dined op the Common ia & mam: tent, afior whic ibry were reviewed by the Mayor and be: ranches of ), and wee the city government, The dis; was w by thousands, ee ne Pairs and Kxhibitions, GRAND AGRICULTURAL FAIK AT SPRINGFIELD, Masa. SPRINGRIELD, Bop, 20 Hamoden Park. a tract of sixty acros of Innd end fued up by the Hlempden Agricultaral Cost OF $4,000, was inangurate’ wo day in rome 12,.00 perens. The opening address Hon Geo Bliss, the inaugural addross ¥ address by il s ; ff a e g = ‘ is? i 4 g H i a E z © were over 4,060 visiiers ty-day, anda bumber # expected to-mo; row, ANNUAL BXEISITION OF THB mAnraioe ins LTMORE, 1867, Tho tenth apneal exhibition of she Maryland 'Inetiete ‘The dispisy wae ana Valindeiphaiae ipe a tepdance large. z E § 2 2 yp et Mr Jobn F. Thayer, a wealthy acd woll knows broker Of ths olty, died this morning. ‘The Liverpool Cotton Market. St. Jon, N. B., Sept 29, 1867. been uneble to find in any of the letters brought by the steamer Jura any all over to the Liverpool cotton market, o whe Markets. PHILADELPHIA STOCK HOARD, Procapeurna, Set 29, 1867 Siooks, better feeling ennaylvania b's, 70: Raliroad! 19, Long Railroad, 834; ita Cuan 8754; Ponnaylvania Railrond, 414 New Ontnans, Sept. 28, 1967, enty 408 baleo, bees wor, Basinets is almort entir consequence of there being no comenge 0 Fiour steady mt $5 508 $6. Rod wheat firm. Soger frm Coffer declined 4 ‘Ootion— alee to di thoogh not quoiably. " . be market 68c. om lard very dail, Mi = FvALO, Soph, 20—6 P.M.