The New York Herald Newspaper, August 22, 1861, Page 2

2 ADDITIONAL FROM EUROPE. Arrival of the Edinburg and Mails of the Bohemian, Lord Palmerston on the Southern Blockade and the Rights of De Jure Governments. ARRIVAL OF A COTTON SIAMP IN LIVERPOOL’ The English Press on the Policy of an American Money Loan. INTERESTING NEWS FROM IRELAND Destitution of Hundreds of Haglish Mechanics, cke., &e. Tho screw steamship Edinburg, from Liverpool at eloven o'clock on the morning of the Tua, and from Queens- town on the 8th, arrived here at noon yesterday, bringing passengers, specie, and files from Europe. ‘Yhe news by tho Edinburg has been antivipated by the Bohemian and Canada, ‘The Edinburg has the following ke, SPECIE LIST. Nathaniel Sands.. W. P.C. Tyler & Co. Total. Or. ‘The mails of the Bohemian reached this city from Quebec yesterday morning. From these sources we have our European files com- pleted to the 8th of August, which enables us to publish the following interesting details of the news to-day. Chances of an American Loan, if Needed, im London. [From the London Times (city article), August 8.] A vumber of communications have been received, Dearing on the financial and commercial aspects of the American strugzlo, and especially on the question of a Joan in this country. The latter point, however, seems already to have received more attention than it deserves, since it is not to be supposed that our people would so far violate the rational warnings of their own govern- ment as to break the desired neutrality, and supply the means for prolonging and aggravating the However greatly the federal government may wish to obtain a foreign loan at this moment, they could meet with no worse misfortune than that of obtaining it, since it would not only weaken all disposition to enter into those pacific negotiations which sooner or later must take place between the two sections, but, by making the country England for tho interest of an outlay which before many years have passed will bo rembered by all with mortification and horror, would also diminish the induce- ments to future friendship for us. In case, however, any persons should grieve at being debarred by mere princi- ples of morality from a speculation which may appear ‘tempting, it may be useful to insert the following, which embraces most ‘of the practical reasons that might be likely to inspire caution. Tts tone seems characterized by a little asperity, which is undesirable at a moment when every word gives offence, but this is chiefly from the un- pleasant nature of the facts that it summarizes; and it is also to be borne in mind that the federal government, by endeavoring to draw us in as financial parties to the con- flict, have forced those who see ‘anger in such a contin- gency, to put forth their views in opposition to it:— Sin—As the government of the United States propose to come Into European markets for a loan of $100,000,000, or say £20,000 ,000 sterling, it may be interesting to inquire whether a United States seven per cont stock at 90, not redeemable for twenty years, and then only at the op- tion of the borrowers, would be an eligible investment. Let us see how thefr credit stands at home. They have already been borrowers at one per cont per month. Their United States sixes, redeemable next year, stood on the Sth of July at 9234—New York State sixes’ being on the same date at par, These quotations may serve to indi- cate the local estimation of the comparative values of the two securities. New Youk and Massachusetts are proba- bly good for any portion of the loan that might be endorsed by them, but it must not be forgotten that New York has been built up by Southern and Western trade; conse- quently if the former is lost to it and mach of the latter diverted, the taxable capacities of New York, as well as all the New England States, will be considerably dimi- nished. The federal debt is at present undoubtedly small, and there can be no question as to the wealth, population, or resources of the Northern States; but if ro. sources and population alone constituted security, we should see Spanish bonds nearer par. We must remem- ber that it is a fixed principle -of ‘United States law, as laid down by Judge Story—that it is illegal to pay any debt to an individual living in a State with which the United States are at war, a ransom debt alone except- ed. As to the observance of this law wo have the united testimony of the North that Southern States and Southern traders religiously obey this one law at least of the Union they have so solemnly abjured. On the other hand we know that the government of the fede- ralists acted.upon this principle in the matter of the Texas indemnity bonds, and again later, in forbinding the mint to part with gold deposited by one of the Georgia banks. Such being the law of the United States, and the nrac- tice of both federalists and confederates when fighting among themselves, what would be the prospects for our principal and intarest if we found ourselves involved in the war with which they so constantly threaten us? Again, supposing the Union re-established, how will the South, coerced back, look at a debt incurred for its subju- gation? Would an uncontrollable democracy quietly sub- mit to the annual payment of a tribute of interst to European capitalists? On the other hand, if the Northern free States do not attain their passionate desire to be re- united to the Southern slave States—if the South cannot be coerced back into the Union, and the principle of se- cession is recognized, established and triumphant—to what are to look as the United States? Where is secession to stop, and to which of the States shall we eventually have to look for re-payment? Shall we trust the Federation until we see whether there is any centripetral force in the residuary States? Or shall we bo content to look to the individual entities of States for e-payment of their respective proportions of the loan? The Ne England? States may be good for their shares ; but three of their Northorn, as_ well as three of their Southern sisters, have had their characters dam- aged by repudiation, Iowa has just as bad a local repu- tation as the others have a European stain, and Tennessee is looked upon very suspiciously in Wall street, on account of recent acts of its State Legislature. It is notorious that the American people are very jealous of taxation. As to the extent of their taxable capacities, that isa question of opinion. It is generally allowed that Mr. Chase has greatly exaggerated the realized property of the conntry, and in one instance—that of Ohio—the falla- ciousness of’ his figures has been clearly exposed. In- diana and Illinois have age been in the market for loans to mect the requirements of their State expenditure. ‘The former was taken at a low rate, the latter had to be with- drawn. If they are obliged to borrow for State require- ments, what is the prospectof their being able to bear additional direct taxation for federal purposes? It is said that certain customs duties are to be devoted to the payment of the interest of this loan. If this be true, it is 4 great fall for America to be giving pledges like Mexico or Turkey; but itis in reality no security, for this stmple reason, that the laws of the United States are interpreted by an élective Judiciary, which is paid for interpreting them according to,the will of the people. Witness their procedure relative to the question of belligerent rights, which they interpreted contrary to Wheaton, and con: trary to their own action in the civil war botireen Spain and her colonies; also, the blockade of their own ports, although not many months previously they had held that Francis Ul. could not block- ade his Sicilian porte; and next, their recent haste to come into the Paris treaty declaring pyivat- tocring pitacy) after having been the strenuous opponents of that great step in ctvilization. ‘They now enunciate a new feature in international law by attempting to collect import duties outside their harbors—in fact on the open sea. Their whole course of action in this matter of the blockade is based on two enormous errors:—First, the federalists claim that they have a majority of Unionists with thom in the South, and yet they persist in raining the trade of Northern and Southern friends merely to in- jure the recusant mmority ;sceondly, it is utterly impoasi- ble to stop the trade. You may as well to dam the Mississippi a8 prevent cotton worth nine certs in New Orleans finding its way to New York, Liverpool and Bos- ton, where it is worth nearly double. Freights of 2d. per pound from @ coast 2,000 miles in extent, will enlist the sympathiés of Northern shipowners, who at present find their occupation . They have been the chief supporters of the slave trade. Let us hope that they will forsake that inhuman traffic for the more respectable call- ing of smugglers. capitalist who bas the interest of this country really at heart will endorse the proposed loan by his agency. The only fear of its being attempted is front the enormous bribe that Mr. Chase has it in bis power to offer—one such as was never before placed in the hands of any Minister in any free country. It is a fact that not only the price and ‘the amount of this loan. but the where, the when and the how it isto be raised are intrusted golely to Mr. Further, he bas the power to flx the rate of exchange at which interest and principal are to be remitted. This will involve transac- tions of £1,400,000 per annum for interest, amounting in twenty years to £28,000,000. The British Premier on the Northern Army and ‘ens. THE SOUH IS DE JURE INDEPENDENT IN FACE OF THE BLOCKADE. [From the London Post (government organ), August 8°) «Three federaltregiments have returned to'New York, and have met with an enthusiastic reception.” Whether these regiments were composed of ninety days’ service men, who left the field of battle when the enemy's can- non was sounding in their ears, the telegraph does not state. The republicans in New York, reversing the Jo triumphe of republican Rome, appear to justify disaster and disgrace by accepting and acting upon the maxim, Vietriz causa Diis placuit, sed victa Catoni. ‘Their Policy evidently is to put a good face upon defeat and disaster. We do not quarrel with them for doing this, because it is only an additional specimen of that spirit of exoggeration which would be excusable if jt had the merit in any sense of being true. The Northerners, to adopt the American phraseology, have received a thorough and complete “whipping,” aad the elasticity of their patriotism can only be measured by the folly which has giveu an ovation to three regiments which had the good luck to cseape from the enemy in the ail NEW YORK HERALD, THURSDAY, AUGUST 22, 1861. chance medley of a great battle. The New York papers appear to think that it is their duty aa weil in the moment of exultation a3 of disaster to vilify and abuse England. ‘The acquisition of Canada, according to the programme of Mr. Seward, is to compensete for the loss of the South. Caba is also to be annexed at tho first convenient oppor- tunity, Wehave no fear for Canada, which, on former occaswons, and more disadvar is circumstances, has successfully held her own, wot only in tho faco of direct invasion, but against the less open attempts of Amorican sympathizers, We belicve that at present Spain has & navy amply sufficient to secure tho penta eat vk hrwlnay <r poche op Bh ncaa vernment could bring to bear purpose of annexing an island which, invaluable to the South as the great and seat of tho. slave trade, ought, according to the theory of the North, to be of little commercial or political im- Portance to tho free soil States. The Cabmet at Washing- ton has quite enongh to do without wantonly offering sult to such a power as Spain. We, however, take th matters as specimons of that international bounce which appears to be « chronic feature of American character. In the words of Tom Thumb, ‘When rebellion’s dead, the New York press take its breakfast,’ and abuse, vilify, and outrage friendly foreign powers, but at present the task is both premature and ridiculous. In the existing condition of affairs in the United States, Maine and the agricultural West have a far greater chance of separating from the Union and joining Canada than ritish North America has of throwing in ils fortunes with the enfectled, dislocated and dismembered seightoring re: ic. But still there remains the question of belligerent rights, which continues to excite the virtuous imdigna- tion of the Northern press. The fow short, courteous and sympathising words which her Majesty’s speech con. tains are sure to be misinterpreted on the other side of tho Atlantic. It is of no use to tell our American contem- poraries that a position of neutrrhty is both the interest and the duty of this country. They are irritated and offended because England has not formally aided and abetted the cause of the Noth by declaring the secessionists to be rebels and traitors. We believe tnat the government of this country can only deal with de jure governments. It is a fact that the South has achieved 1 , and even if it were not 80, the decisions of the ablest American jurists may be cited to show that foreign governments are bound to recognise and respect successful revolt, The United States, before the final separation of the American colonies from Spain, admitted the latter to belligerent rights, England bas done nothing more than strictly follow the Amorican precedent, which happens in this case to be in strict accord. ance with public law. It is, we ropeat, the policy, as well as the interest of this country, to abstain from’ all interference; and the Queen's speech simply reasserts this great principle of international truth and justice. But, as the Northern people so wilfully misinterpret the practical effect of i jou of neutrality, it is worth while to inquire whether these international proceedings have the sanction of strict law. We y nothing of the article of cotton, of which a supply suf- ficient for the consumption of the coming year existe in this country. We hear, however, that Admiral Miine, the commander of the British North American squadrun, has officially reported that “the Hoctade é totally insuffi cient,” This statement of tho gallant Admiral has been confirmed in the most convincing manner by the action of Congress itself. An act has been passed which enables the federal government to station vessels off the Southern ports and to collect import duties. As Lord Palmerston on Tuesday night remarked, this enactment would alto- gether do away with the blockade, because it would Virtually permit, at least for fiscal purposes, the ingress and regress of every description of vessel not freighted with articles contraband of war. We are afraid, knowing the jealous susceptibilities of the Americans, that this question of blockade may involve this country in some difficult complications, “At present we, in common with the other nations of Europe, haye wisely kept out of the quarrel; and if, unfortunately, we should be compelled to drift into it, the blame will not rest with England, but with a government which has endeavored, to the’ ruin of innocent commerce, to enforce the ‘validity of a blockade which it is manifestly incompetent to maintain, If the statement attributed to Admiral Milne be correct, the cotton ports in the South are practically more free than than those of the North, in which, still under the modi- fled tariff, the manufactures of this country will be sub- Ject toa high protective, if not altogethor prohibito duty ent can, for its own purposes, Jaxatious when arms have to be imported; but its indulgence stops where the interests of the British producer and of British trade are concerned. {From the London Times, August 8.) Recent advices have told us that the American Congross has empowered its President to place ships of war of the foderal navy in the Atlantic Ocean and the Guif of Mexico, there to collect dues npon merchandise bound to the ports in the possession of the confederate goverment. This is about as threatening a piece of nows as we could well haye received, and it was upon every ground desirable that parliament should not separate without some expression of opinion by the goverment up- on the point thus raised. Mr. Wyld, on Tuesday afternoon question upon the subject, and Lord Palmerston, aracteristic caution, said no more in his reply than was absvlutely necessary to show that the preten- sion to collect duties off a biéckaded port was inadmissi ble. Lord Palmerston pointed out that such a proceeding, if adopted, would be a practical suspension oy the block. ade, because a port could not be effectually blockaded , and’ships prevented from ontering it, while at the same time customs’ dues weralevied on ’ their cargors as if they hadentered.”” It\s very important thal this an- swer should be rightly understood, both here and on the other side of ihe Atlantic. Lord Palmerston would, as we apprehend, be very much misunderstood if he were supposed to have any doubt that the project of collecting duties in the Atlantic ocean is altogether unjustifiable by What he ovidenth kad. any article of tho law of nations. meant, and what his words convey, is that if a bl ing force should allow any one ship’to enter t! port by reason of payment of duties the blockade is from that moment raised, and all the rest of the worid would have from that time forth aright to go into the block- aded port without hindrance, Behind this, however, lies the further question whether the federal government has a substantive right to collect duties at sea, If such a right exists, it may be worth its while to forego the blockade, and rest upon the right to collect customs, treating ships attempting to evade payment, not a5 blockade breakers, but as smugglers. We apprehend that such @ right was never heard of. We are deaiing with the claim of right. As amatter of convenience or arrangement we may, of course, collect our Dover duties at Calais, or wo may pay our New York duties at Liverpool; but, as a matter of ne An clector asked—Has Mr. Bright done asything to mprove the institutions of this country? (1 r.) ir. Turner said that Mr. Bright's opinions, it was well known, differed from his own. Mr. Bright had been be- fore the public for twenty years, and he was not pre- pared to say that the whole of Mr. Bright's conduct had ‘been adverse to the interests of the people of this coun- wy. But he was propared to say that he thought Mr. right had dono a great deal of mischief to the ceuntry. {Ciwers and confusion.) The eleator—With reference to the present state of America, what has that to do with Mr. Choetham? Mr. Turner thought that after the meet- ing at Rochdale he had a perfect right to identity Mr. Bright and Mr. Cheetham as entertaining the samo opinions Mr. Bright, and gentlemen of Mr. Bright's opinions, were in the habit of expressing strong feol- ings of approyal of the system of government in America, and of finding fault with the principles of the government of this country. He (Mr. Turner) held thi t tho extreme democratic form of government in Americ had been mainly the cause of the evils wh’ that country. “(Cheers,) He knew that, as compared with the liberty enjoyed by the people of this country there was no liberty at all in Ameiice. (Cheers.) He had been to America frequently, ani for a long time toge- ther, and he was prepared to say that no man dared to express an opinion contrary to that of the general public. ‘The gentleman who had asked the question might express hiv sentiments openly and freely in this country, though @1 “rosent might dilfer from him toto calo; but if he went to tie Southern States of America, and spoke in favor of the abolition of slavery, his life would not be worth’ five mi: nutes’ purchase (Choers.) That was not liberiy; but such state of things was‘causod by the extreme degree to witich democratic feelings were carried, and it had this to do with Mr. Cheetham—that Mr. Bright and Mr. Chest ham, on all occasions, hold up the institutions of Ameria and decried those of this country. (Chivers. ) Mr. Turner delivered in an electioneering speech in Liverpool, in which he contrasts the freedom of opinion, and the amonnt of personal liberty enjoyed by the peopie of this country CF id), with the restraints imposed upon both by'a military despotism in France and by mob violence in the United States; and he twitted Mr. Bright, and the party to which ho ‘belonged, with incessantly applauding French and American institutions, and with constantly disparaging our own, Mr. ‘Turner’s speech was received with much applause. Destitution Among English Tradesmen TWO HUNDRED COVENTRY RIBBON WEAVERS IN THE POORHOUSE—TWO HUNDRED MORE SUMMONED FOR NON-PAYMENT OF TAXES. From the Birmingham Post, August 7.) We had hoped to have bocn enabled long ere this to record some general and substantial improvement in the staple trado of the city of Coventry, and in the condition of the working people who depend for subsistence ypome that trade, but we regret to state that ev in our power to speak very hopefully on the subjec have still the greater proportion of the weaver city unemployed, and-amongst these may be reckoi large number of ‘our most industrious and respectable arti sans; while those who have the good fortune—if it may be 80 called—to be in the enjoyment of work, are most of them receiving a rate of wages of unprecedented lowness, and such as the operatives of no other manufacturing dis: trict, excepting the weavers of Spitalfields and the stock- ingors of tershire, can scarcely have any ex perience of. ‘The manufacture of ribbons, to the ex tent to which it is now carried on to supply an actual demand in the market, is extremely limited, and with regard to the future, though the inspector of fac tories, Mr. Baker, in his last report, indulged in the ex- pression of certain views of a very hopeful character, a gencral impression prevails in Coventry that immediate prospects are by no means encouraging, and that a few will reveal the absolute necessity of recourse being had to the remaining portion of the relief fund. EX- cepting that thefuture secms fraught with evilsof greater magnitude, the condition of the operatives would almost warrant the expenditure of the money now. Some 200 or 300 ale bodied men are now at work for the parish, in clear- ing the common or picking oakum, for which latter pur pose a large shed has been erected, and are grateful for such employment even at sixpence a day and a loaf, for most of them have families to whom this pittance is of Vital importance. Tho degree of distress prevalent among a class slightly removed from those just mentioned may be inferred from the fact that at the Pélice Court on Mon- day abrut 200 people were summoned for. non-payment of poor rates. Most of these people had succeeded till now in keeping a roof over their heads; most of them had large families, and most of them had’been out of work for along time. Payment of the rate was of course in many instances obliged to be remitted. Iftrade does not improve very soon the ranks of pau perism must inevitably receive serious augmentation. We understand that an enterprising Coventry firm arc contemplating tho introduction of the volyet manufi ture, and have purchased the large factory of Mr. J. Day, Jr.,@ bankrupt ribbon manufacturer, for that purpose. Qne or two branches of manufacture of a different kind Have, we believe, already made some little progress. ‘The factory in course of erection by the Coventry Cotton Spinning and Weaving Company has now attained pro- portions which promise employment to a large number of people, providing the cotton trade flourishes. Doubtless in all this there is great ground for the belief that, as a manu- facturing city, Coventry is not quite ina hopeless condi- tion, more especially when the great and successful exer- tions that have been made by the ribbon manufacturers to improve the various processes of their art aro taken into consideration. Interesting from Ireland. OPINION ON THE BULL RUN BATTLE—THE BLACK HORSE RANGERS SET DOWN AS A NEGRO CAVALRY. {From the Galway Vindicator, August 7.) ‘The long expected battle has at last been fought be- twoen the Northerns and Southerns in the fratricidal con- test boing waged in America, and the result is astound. ing. Noone who took a calm, considerate view of the position and resources of the secessionists, that did not express his belief that sooner or later terms would have to be come—that if the Southerns persisted in seceding from the Union, the Northerns, no matter how they might bluster and brag, would be unable to compel sub- mission. Hence, the best friends of America wished for a peaceful solution of the question. But the Northern blood was wy it aroused, the“ lick creation” | and on the platform, and 's rushed with enthusiasm to the Union standard, and in such numbers that one would imagine the South would succumb without striking a blow. But nathiess the great bluster, the contemptible swagger and ridicu- lous bombast, the Northern army, in its first encounter, right, tho federal government has just as much real pre- tence’to place floating custom houses in the British chan- nel as off Charleston harbor or in the Gulf of Mexico. ‘There is not one of the many authorities upon maritime law who does not agreo that every possible dominion over the sea must bo enjoyed as an appendage to the dominion over the land, and as inseparable from the land. There have been conflicts of opinion as to how far this dominien extends out to sea, A-cannon shot from the shore has been the most general measurement, and the common assent now seems to be that the dominion of the coun- try extends as far as the sea can fairly be commanded from the land, When the dominion of the land is lost, of course the appendant dominion of the sea goes with it. The shore waters of the Atlantic and of the Gulf of Mexico are the highway of nations, subject only to the peculiar rights of the owners of the shores, conceded to them for the protection of those shores, Now that the possession of the land is in other hands, the federal navy has no right there, except in common with the ret of man- Kind or’ as bell Be phy wtatnr ae janis of-war there and to enforce payment from shi of commerce would besimply an act of piracy. Not only is this plain international law, but it is plain common sense. For what does the merchant pay duties upon his goods? For liberty to trade in the lands of a foreign prince or government. But can these floating custom houses give him such liberty? They ean only allow him to passthem unharmed. When he has paid their dues to the federal officers he may be excluded from Charleston or New Orleans, or he may be com- pelled to pay duties over again to the de facto government of country to which he is bound before he is allowed to enter. This would obviously be the actual fact. But, again, the merchant pays duties for protection in his dealings, and for the remedies of law existing in the country to which he carries his ad- venture. Do these Union officers profess to give him this? Those officers cannot go there; they are alien ene- mies; they have mo more means of facilitating com- mercial: operations there than they have in Paris or Vienna. It comes, then, simply to this—that these Union ships of war have no more right in the waters off the Southern ports than any other ship-of-war has, and “have no power of benefitting aship beyond that of letting it go by uninjured. So long as they are blockading the ports they are within their rights as belligerents; directly they begin to levy duties upon the ships of neutrals they exceed their righis. ‘These things are very plain. There is no ambiguity about them, and that is quite as well understood on tho other side of the Atlantic as on this. Wecan afford to bandy a laugh at any quantity of newspaper nonsense about conquering Canada and Cuba, but these are ge- rious interests, to be dealt with soberly as matters of business. The Blockade. ARRIVAL OF A COTTON LADEN SHIP AT LIVERPOOL, [From the Liverpool Post, August 7.] ‘We have to report the safe arrival at this port of the ship Harriet, of Dublin, from Mobile, after a passage of sixty-two days (from 24th of June). She ts cotton laden, and brings twelve passengers, who have presented the following testimonial to her captain: Being desirous of @incing our respect for Captain Meredith as a gentleman and thorough sailor, we, the un- dersigned, passengers on board the ship Harriet from Mobile to ‘Liverpool, hereby testify our thanks to him, feeling, as we do, that we owe him much for his uniform kindness and attention during a long and protracted ooygh pleasant passage —F. J. Moore, J. Fichert, 0. P. Auvert, B. Underdown, &c., &. Pasnengers :—Mr. and Mrs, Moore and servant, Mrs. Spendbow, Miss Moore, Mr. inderdewn, Mr. Aubert, Mr. Hatenstein, Mr. J. , and two steerage passengers. ‘The American War EXtection Q@: d American Execu. ithe in boned md. [From the Manchester Guardian, August 8.) Yesterday, at noon, a number of Mr. Cheetham’s friends assembled in the National School room, Royton, to hear an exposition of his psinciples as candidate for the representation of South Lancashire. Mr. Robert Whit- taker preeided. Mr, Cheetham spoke of the benefits of free wade, and alluded to the Ten Hours bill which had been introduced with respect to factories, stating that be had opposed that measure as being a partial one. In anawer to aquestion regarding the policy of the pre- sent government with respect to recent events in Italy and in the United States of America, Mr. Cheetham re- plied that that policy was perfectly consistent, and, after eulogizing the manner in which England had acted with respect to the people of Italy, he asked upon what prin- cipie of of international law or liberty this country could have interfered in the struggle now taking place between the Northern and Southern pertions of the United States, * On motion of Mr. W. K. Jon, seonnded by the Rey. Mr, Browne, the meeting unanimously pledged itself to the support of Mr. Cheetham Mr. Turner—Mr. Cheetham’s opponent—last evening met his supporters, resident. fn the New Cross and St Michael's wards, Manchestor,at the Angel Inn, Oldham road. ‘The room was filled to excess, and outside the inn alarge crowd had assembled Mr, Turner, on enicring the room, was loudly cheere., has suffered one of the most humiliating defeats recorded in history. Asan army they were completely annihi- lated. It would appear they had neither discipline nor drill. ‘They ran off in the most cowardly manner, throw- ing their arms and ammunition and accoutrements behind them. No doubt, when wo hear full details we shall find that in the hurry of that unfortunate rabble, for it could not be called an army, many were trampled to death. We give the most amplo details of this great carnage yet reccived; and the accounts are furnished by the corres- pondents of the New York journals, who fully and fairly admit the terrible reverse sustained by General Scott. The Sixty-ninth fought brilliantly and suffered most se- verely. If daring and courage, and the ready sacrifice of life could have gained the victory, tho Sixty-ninth would havo accomplished it single handed, But, strange to say, it would appear a cavalry company of “niggers” —voluntesrs sfghting for the perpetuation of their oten slavery—oeca- ‘sioned panic amongst tho Northern army. The Northerns had no cavalry, were completely unprepared for acampaign, and, except the Sixty ninth regiment, be- haved like polttoons. The officers were incapable. ‘The generals appear to have been ignorant of the science of war. The soldiers had neithor courage nor humanity, for in their tumultuous flight they left their wounded companions to die on’ the roadside, although the most piteous and heartrending appeals were made for succor © poor sufferers, The South has always produced the best and ablest men. ‘The Southern Generals seem to Hive had a plan of action. The Northerns were the invadors—the Southerns were prepared to meet them. Jefferson Davis is himself a sol- dier, and commanded in person. General Beauregard is said to be one of the cleverest captains of the age, and General Johnston, whose timely approach like Blucher at Waterloo, decided the fortunes of the day, is one of the most popular commanders in America, ‘At four o'clock several masked batteries, till then concealed, opened on the Northerns, who were shot down by unseen foes. The centre’ of the Northern line gavo way, @ panic seized the entire army, thoy,took flight, and became one complete diserganized rabble; fled, leav- ing wagons, rifle cannon, commissariat, tents and 23,000 stand of arms on the field. In vain did their general endeavor to rally them. Such ignominious con- duct, such cowardliness, such utter disregard of manly feeling, or such inhumanity was never exhibited on any battle fleld—the poor wounded were galloped over by the retreating native Americans. Several were taken pri- soners, and it is to be hoped many of the missing Sixty- ninth are amongst them. Soldiers, like Beauregard, will treat them as brave men ought to be treated. To the Northerns the battle of Bull’s run bas not only been a defeat, but a disaster and a disgrace. To Irishmen the reflection that our exiled tole Bonet Mr are on both sides is melancholy. ‘The son of Jobn Mitchell may have crossed swords with Thomas Francis Meagher. THE IRISH LINEN TRADE WITH AMBRICA AT AN BND. (From the Northern Whig, August 4.) Exports of linen goods have been more extensive, chief- ly to the now markets. There is no more doing with America. Brazil has been taking considerable quantitics of light linens. The West India trade continues steady, During the seven months of the year the home consump- tion bas fallen into very narrow bounds.’ In the mean- time the extra demand for continental houses has so far made up for the decline of business with America that the total exports to all countries exceed those of last year. Brown ‘kets:—Production has been active for the latter portion of the past month, and at the public mar- kets the show of goods has been large as compared with ‘that of the former period. Goods suited to the French trade are held at firmer prices. Stocks of fine goods, which had accumulated considerably in the earlier months of the year, are at present in moderate compass, In tho heavy lines of linens there is still a tendency to imcrease of stock. The damask trade is pretty healthy ; diapers unchanged in value. Power-loom linens, of nearly all seta, are held over in qnantities. The bulk of such goods is, however, hardly so large as it was at the commencement of the past month. Yarns—Mre activity bas existed in the market for yarns, and particularly in thore counts whigh a few weeks ago were so difficult to move. There is Ifitke advance in the home trade, whether for band or power-loom purposes; but with exports of yarna a steady demand exists, and stocks at the ¢lose of the month were much below the average of the quarter. Raw material continues high, and the prospects of increasing demand give such firmness to rates that it is expected a furthor advance will follow the recent turn in favor of spinners. Flax—The markets for low qualities hardly uphold late quotations. Good to fine eclls at full prices, and of such ranges there is a scarcity of aupply in nearly all the pub. lic markets. Handscutched sells at 5s. 9d. to 88. 6d., and milled 7s. to 11s, the stone. ‘The pulling of th terial ig about to be very general in the comin, SERIOUS DECREASE IN THE FOOD PRODUCTS OF THR TRISH SOIL. The Registrar General's (Ireland) agricultural returns for the past year have just been issued, and the results of the enumeration are joss satisfactory than could be de- appoara that Inst year the Yield of wheat per barrels of iwenty stones—was less than in coats Bore and ryo decreased in yield, and beans and peas creased, The potato crop was much below that given for the previous twelve years. Green crops were also lower, but in flax and hay there was a more abundant yield, In oats, barley and rye the whole inerease for tho yoar amounted to 127,413 tors, and in the ‘produce of wheat and © & decrease of 200,885 quarters, leaving a net increase of 626,628 qdarters in- the yield of cereal crops. ‘There was & larger extent of wheat sown than in 1859, but the yield was proportionately less. In potatoes the’ de crease amounted to 1,588,143 tons; turnips, 834,093 tous; mangel wurzel, 17,700 tons; and cabbages, 141,286 tons; maling a total decrease in the produce of potatoes and green crops of 2,681,227 tons. On the other hand, the yield of flax was greater by 2,183 tons, although the broadth under cultivation was less by 7,687 acres than in the pre- vious year, The produce of hay was larger than in any year since 1847. ‘The increase amounted to 884,623 tons; the number of acres laid down in meadow having been 157,407 more last year than the preceding, and an in- creased yield of 8 per cent per statute acre. Tho acreage under tillage is shown in the following table:— Extent cultivated ~ Increase or decrease ——in—— —_——-in 1860. 1859. 1860. Crops. Increase, Decrease. Acres. deres. Acres. 466,416 2,240 — 1,966.3 — 16,358 181,099 8,205 — 12,7: ad 464 1,172,079 28,268 Turnips........ 18,540 = 8,597 Mange! wurzel.. 31,986 5,080 — . 22,785, = 8,895 136,282 128,51 ‘ 23,505 — 7,687 1,437,111 1,694,618 157,407 _ Total increase...,....... The English Turf. THE BRIGHTON STAKES WON BY THE AMERICAN HORSE STARKE. i{From tho London Post, August 8.4 Briautox Conse, August 7.—The Brighton stakes of , and 5 only if declared, with 200 New course (one mile and three. quarters), to start at tho winning chair. (34 subs., 10 of whom paid forfeit.) Mr. Ten Broek's Starke (bred in America), by Wagner Gyrs., Bst 1b, awards Mr. Spencer's Blue Jacl Mr. Saxon’s Bally Edmond, Count Batthyany’s Pergus = = = = Reston ¥s Grimshaw 5 Lagainst Blue Jacket, 4 to L against Lysiscote, 840 4.1 pst Bally Edmond. On the signal being given, bare went away with the lead, Blue Jacket lying at his. girths,and Pergus next, on the inside, the other pair coingongBide by side. ‘Thus they ran up the course to the turn, where Pergus took second place, and Blue Jacket wert into the rear, the third and fourth places being filled by Lysiscote and Bally Edmond. Making the bend for home Starke still led, but Pergus an very wide, thus enabling Lysiscote to take second i the last named shortly afterwards giving way to Bally Edmond. At the distance the last named was passed by Blue Jacket, and the latter came on in waiting up to the stand, where Starke shook him off, and won in a can- tor by four lengths, Bally Edmond finishing a bad third, Pergus passed Lysiscote opposite the enclosure, and fin- ished fourth, MOVEMENTS OF MRS. LINCOLN. Our Long Branch Correspondence. Maysion Hovse,#ona Branca, August 19, 1861. Mrs. Lincoln's Seclusion—A Literary Mark Tapley— Mrs, Lincoln About to Come Oult—Country Ladies in At- tendance—A Chowder Scrape—Paiti’s Concert—The Grand Ball, and Preparations Therefor, bc., de. dtc. The thousands upon thousands of readors of tho Herat, who peruso theso veracious chronicles of Long Branch during a court season, can have no idea of the lack of material there is for a real, genuine report of Mrs. Lincoln’s movements. Tho fuct is, that she makes no movements. Iam a sort of literary Mark Tapley, under difficulties, and Mrs. Lincoln will give mo absolutely nothing to write about. The plain record of a day hero can be told in ten words, as far as Mrs. Lincoln is con- cerned. Then, why don’t I tell it thus briefly? Simply because all the public wants to know more than ten words: about Mrs, Lincoln, and if Icannot tell them about her for the reason that there is nothing to tell, I must relato something about somebody or other con- nected with her, directly or indirectly, and 80 cko out @ letter. ‘They do these things better in England. The story of the Queen’s daily doings doesn’t occupy but a very few lines, even in the Court journals, and yet the Queen doos, every day, something much better worth reporting than Mrs. Lincoln, But they are accustomed to the matter and we are not. Our public wants news, gossip, everything about the Presi- dent's lady, and they must have it. How delightful it Is, after bothering oneself to death to write all this, to have the dear public cal! you Jenkins or John Thomas, for your pains! Really, however, sce my fault and acknowledge that these letters would bo better reports of Mrs. Lincoin's movyemonts, if thore was a little more about Mrs Lincoln in them. But, then, Mrs. Lincoln has kept her room constantly and cousisténtly since her arrival here; has receited and been introduced to but_very fow people, has only driven out once or twice. Am I to penetrate in’ to the sanctorum of the lady, as the Times man did into that of the Prince of Wales, and give a minute description of her comb, brush, ete.? ‘Am I to get up behind her car- riage and hear what she says—and I doubt if she would say anything extraordinary during adrive. Am T to tell how she impreases people, and what the folks think of her, when the folks havn't even seen her and don’t know what they think themselves? To sum up all in a word, Mrs. Lincoln has done nothing since her ar- rival here, and has not even walked and bathed like the rest of us. Therefore I have been driven to write ‘of the people and things which surround her, just as ‘Thatcher, the comet man, will show you all sorts. of little bits of stars, while you are waiting the rising of the great uminary you wish to inspect. Both’ for your sake and my own, then, I am glad to say that Mrs. Lincoln bas at last announced her intention of coming out from her seclusion aud among us all. Mrs. Shearer has now very nearly recovered, the whole party have been long enough hero to fee! at’ ease and at home, and so the President's lady has -intimated that she desires to mingle with the other guests of the ho- tel, to allow all to see her who please and to enjoy tho pleasures and festivities of Long Branch. This is very good news to us all, and especially, I should think, to the country ladies, tens and twenties of whom arrive here daily, after weary rides of many miles, to seo. Mrs. Lincoln. They are dreseed in their very Sundayest clothing, and have on their very best deportment. It is great fun to see them get out at the Mansion and to watch how they recognize every other iady as “Mrs. Lincoln, sure.” I notice that they always select the most hand- some, well dressed and showy ladies for Mrs. Lincoln, and I love to study in their faces the curious mixture of cu- riosity and awe. Thero they sit, in two rows along the hall, patiently waiting for Mrs. Lincoln to pass, and feel- ing quite out of place among so many gay people. But Mrs. Lincoln does not past, and so at evening the ladies start for home, having inquired, on an average, three hundred ‘times “is that Mrs. Lincoln,” and having had all the ladies of the house pointed out to them, by Blossom Lodge wags, as ‘really the identical Mrs. L,’” ‘Yesterday afternoon Mrs. Lincoln took a long drive, back of the village, but has not yet left her room to-day, except for dinner. Mr. Robert Lincoln, McConkey, the sportive Forbes and the dashing Halstead, with the rest of the young gentlemen of the party, have gone off to Pleasure Bay or thereabouts on a fishing and chowder scrape. They have just the sort of day for sport—warm but cloudy—and from the material of the party I antici- pate fun. They will not return until evening. Thia is to be a week to be marked with a white stone in the history of the Branch. Peters, the host of the Na- tional, is coqnotting with Grau about a concert, or some- thing of that kind, to be given in honor of Mrs. Lincoln, with Carlotta Patti as prima donna. Won't there bea large time if this arrangement can only be made, and if the concert can only come off in the early part of the week. That will be an excitement indeed. But after all we are most anxious about the grand ball, which Laird gives, at the Mam sion, on ‘Thursday night, and which Mrs. Lin- coin has definitively promised to attend. Why, we are to have Dodworth’s band down here, and fire- works in the place—and this is to Jast until nine o’clock P.M. And then we are all to go in to the ball, with the band again, and with all sorts of decoretions, flourishes and embellishments about the room, and we are to dance until nine A: M., if we please. Already the ladies have sent to Now York and Philadelphia for their farthingales, furbelows and things, and the price of white kids is on the rise. Agetachment of ladies went off in the cars to-day on* a foraging expedition after _ fineries. Many of the leading belles and beaux of the metropolis have agreed to come down to us on that occasion. The dressing will be beyond ail ever seen here. The members of Blossom Lodge have stopped borrowing each other's clothes and sent upfor their ball suits, Such a time as there will be never was seen here before, and laugh at us as you may, we intend doing a very large thing on the seashore. IQany one doubts it, let Him or her come down before ursday and see. Mansion Hovsx, Lona Braxcn, August 20, 1861. A Dull Day—Prince William Lincoln—Tommy and his Voice—Mrs. Lincoln and her Sick Friends—Jersey Sfow- ness Exemplified—A Crabbing Party and Thompson's— ‘The Grand Ball—The National Hop—Breaking Up of the Party—Departures—Mr. Lincoln in Tableaus Vivants, de. de. Yesterday was the dullest day we have had at the Branch since Mrs. Lincoln’s arrival here. Mrs. Lincotn kept her room all day. Mr. Robert Lincoln and his friends went off crabbing. The weather was warm and sultry. Thero was absolutely nothing to do but to enjoy the dolce far niente and pet ono of the younger Lincolns, whose Cognomen is William, whose age is about fourteen, and whose size is about three and six. a vate princely chip of the Lincoln block did the hondrs for the whole party, however, under the guardianship of the frresisti- ble Forbes. Ho was petted by all the ladies at the Man- sion and the National; was followed and admired by el the little base ball playing boys of both hotels, and made himself quite agreeable toeveryboly, I think that Ihave not referred to Prince William before, and 1 must say of him now that he is of small stature, but of a very inquiring mind. He puts questions as if he had inherited his father’s acumen, and it was indeed a sight to see Peters,of the Natioual, explaining to him the vosition of the houses and hotels at Long Branch from a rough diagram. I am afraid that Prince William was too much for Peters, and the talented host of the National has-been at a large dis- count ever since, Now that 1am upon this subject, pray allow me to in- troduce to you Master Tommy Lincoin®a scion still younger than William, This little fellow is called «« Tad. pole” by his relatives, his father having christened hi:n thus in. one of his whimsical humors. I believe that Tommy is known to every guest at the Mansion, but very few have seen him. He is introduced and is recognized by his voice—just as Carl Formes might be, “or any other man,” You never heard a voice of greater flexibility and compass, and if Tomny Henle anything, rom acont to a sailboat, you must be along distance from the hotel if you do not know about it. e boy is bound to make a noise in the wor!d, I'll warrant, whether asa stump orator or an opera singer. I do not mean to ay that the‘ Tadpole” is a voz et prelerea nihil, but cer- tainly his voice is his peculiarly. Poor little Tommy was quite sick yesterday, however, and as Mrs. Grimsley was also slightly unwell, Mrs, Lincoln was contined very closely to her own apartments. In the morning.she took’a walk upon the beach, unrecog- nized by the strollers there, but she was not willing to leave her sick charges for an afternoon drive. Singularly enough, one or the other of the party has been unwell ever since their arrival hore, and for this reason I think that Mrs. Liacoln enjoys her visit as greatly as she would otherwise. She cannot leave her sick friends, and, in spite of every solicitation, will not consent to relin: quish her care of them. [need not say how much this trait of her character has endeared her (0 all here. Mrs, Lincoln, therefore, is not sen very often by out- siders or by guests of the hotel, and when she does appear ‘she is quite annoyed at the too apparent and inconsiderate curiosity of the people here. For this reason it has been urged upon her that it would be better to face all the curiosity at once, and display herself in the parlors, 80 that all having sven her, none could annoy her again. 1 think that this plan will be adopted, as 1 wrote you yes- terday. In spito of the attentive but deluded Jersey ladies, who visit the hotel diurnaily, aud whom I sketch- or you yesterday, the Jerse: about here have not ally foreed tho idea through Lhem that the Prosident’s has really arrived. Volumes might be written upon proverbial slowness of Jersey people; but even Jersey ple gead the Hxnaup, and ought to know about Mrs. nin, Yet,when her carriage drove up to the Pust Oilice, at tho village, yesterday, there was not the slightest excitement. ‘Oue Jerseyman, a-straddle an empty box, sung out to the storekeeper and Post- master—for the Post Oflice is a part of the store fixings—‘Here’s Mrs. Lincolu’s wagon, I guess.”? it?” replied the interior colloquialist, ‘well, what of it?” and nobody stirred. Now, this tay be either igno- rance or that politeness which would not trouble a lady by any demonstration. No one gives a Jerseyman credit for politeness, and so I suppose that Jersey ignorance and dulness have had another exemplification and illustration. Mr. Robert, Mr. McConkey and a party of friends went crabbing, as I hb already told you, and avery rich and grand time they had. A short drive, with a rattling team, soon brought them to Pleasure Bay, and there the party took boat for wherever they pleased to go. Pleasure Bry is a little hamlet dropped down upon the tranquil Shrewsbury river, and a pretties sail and better crabbing one has to go a long distance to find. The Lincoln party took the sail first, and attended to the crabbing upon their return. Away their boat glided over the placid waters, and past long reaches of rich, green swamp grass, as beautiful and as regularly cut as that of any gentleman’s lawn. The river winds about sluggishly and capriciously, and forms all sorts of islands, of every imaginable variety of shape. On shore you see ploasant little farms, the upturned earth of the fields relieved against the surrounding green, and the pretty little farm houses dotting the landscape here and there. Presently you skirt the peninsula of Sandy Hook—a mere thread of sand there—and while you are sailing along upon the quiet, lake-like river, you see the open ocean lashing upon the sands, not fifty feet from you, and separated from the river only by the narrow band of sand which holds it in check. Farther on you pass the Ocean House, built upon the peninsula, and from the front windows of which a stone may be dropped into the river. From the back win- dows you may drop yourself into the ocean, Soon after, the Highlands tower above the smooth, canal-like Shrews- bury, and there you find Thompson’s Pavilion, with two immenso lighthouses standing guard over it, and shining out to all seafarers—thirty miles away—the welcome message, “hore is home and good cheer.” At Thompson’s the party disembarked for lunch, and nothing could exceed the princely style in which Thomp- son entertained his unexpected but welcome guests. They are all in raptures about it, and left with the impression that they were champagne mermen, and lived in a champagne ocean, with a fine’ oyster bed at the bottom. Whether this impression produced any permanent effect upon the party I am not at liberty to state, but certainly they did a great deal of crabbing, and caught nothing but each other's nots; and during tho trip Mr. Lincoln was locked up in tho forecas- tle most of the time, having gone there with the idea that that there was, should be, more water there than in the river. Altogether the trip was a delightful one, and all returned in fine health and spirits, and go off in an extempore cheer for Thompson whenever his name hap- pens to be mentioned, In the evening there was a grand hop at the National, but none of the Lincoln party attended. Tho hope are all overshadowed now by the grand ball, the arrangements for which I wrote you thee terday. Last night tho committee of subscribers had a meeting at Blossom Lodge, and the arrangements I mentioned—to have Dodworth’s band and fireworks until nine o'clock, on Thursday evening, and then Dodworth’s band and dancing ad libitum—were unanimously con- firmed. In addition to this, it was resolved that the price of tickets be fixed at five dollars, and that only one hun- dred tickets—each admitting a gentjeman and two ladies— should be sold. Very few complimentary tickets will be issued, and those chiefly to guests of the house. This ball will undoubtedly be the most brilliant and recherche affair ever given at Long Branch. The ladies work away on all sorts of fancy fixings, in the parlors, of a morning. ‘The dressmakers here are fairly overrun with customers. Many ladies have sent to New York and Philadelphia for dresses, and some,have gone home in person to get to- gether the materials for a splendid display. The gontle- men are hardly less enthusiastic, and I wish you could seo them chasing the washerwomen up and down tho corridors, with a white vest in ono hand and an extra ‘half dollar in the other. In short, we are all in a flurry about the ball, andas Mrs. Lin- coln is certain to attend, it will be the affair of the season. Send down the Chevaliers Willis and Greeley by all means. They will have enough to do, and alittle work will be left for us ordinary people. On Thursday night, also, Peters gives a grand hop, in honor of Mrs. Lincoln, at the National, for the benefit of those who do not wish to attend the ball. Mrs. Lincoln will be invited there also, and as she signified “her intention to-day of visiting the National at some time or another—she has fore remarked that her young men found some great traction there—she may possibly take that opportunity. ‘To-day has been one of departures. First, Forbes, the Admirable Crichton of the pect preet to New York, but returned safely this evening. ‘Then Mr. Halstead took his daughter home to Newark, but intends returning with his wife to-morrow. Mr.’ McConkey, also bade. fare- well to the party and left for home, to pass the remainder of his college vacation. Mr. Robert Lincoln was left, therefore, the sole surviving young male repro- sentative of the suite. He also intends leaving on Friday next, and it is my impression that the whole party will tako leavo of us on that day, although the matter is not yet definitely decided. The event of the day has been the representation of wuz vivant at the Mansion House, in which Mr. Lin- coln took part, and at which Mrs. Lincoln was present. ‘The fableauz have been some time in preparation, and, let me say in advance, were all admirably presented. Curi- ously enough, the Hsratp has had a great deal to do with these tableauz—just as it has with almost everything at- tempted this side the Atlantic. Some of the iadies got ‘the idea into their pretty little heads that their names would be put in the Heratp if they appeared in the ta- bleauz, and were really afraid that you had engaged Willis, or some other Jenkins, to spy in at their windows while they were dressing, and give the public full accounts of the ‘sudden gleam of white linen,” and other things of that sort, a la the report of President Lincoln's toilet before the Prince Napoleon dinner. This caused some trouble, and a committee waited upon your cor- respondent to'ask him to declare his intentions. He did, . by assuring them that Mary, Anna, Fannie, &c., were pretty names, but would occupy too much of the HxRatp’s valuable space, and so the fableaur were given; but given, however, with special reference to the HER for at the performance, amidet the great clatter tongues in the darkened room, we could hear such re- marks, as “I hope the Heratp will notice us; “I wonder if Adele’s name will be in;”’ “I suppose we shall have a brilliant account of this.”” How can any one write a brilliant account of tableanz vivant? I thought, indeed, te have a theme wor- thy a better pen than mine in describing the appearanc of the handsome Forbes as Adonis in a dress suit; but Forbes was engaged to attend Mrs. Lincoln, and could not appear in any but his ’ real than silly Ado- ‘Well, a stage, with the Star-Spangled Banner as a curtain was arranged at one extremity of the large parlor, and the spectators, who were mostly ladies, completely jammed the rest of the room. Then there was talking ahd gossip, and most execrable music, and then an oki gentleman attempted to turn off the gas and turned it on, and then tried to turn it on and left us all in darkness and Jaughter. Then the tatleaue began, by a representation of the ‘Signing of the Contract,” in the “Bride of Lammermoor,” in which there were too many figures for the stage, or too little stage for the figures, and in which Mr Hobert Lincoln did a character and looked remarkably weil, in all sorts of red things. ‘Then Mary Stuart looked down upon Rizzio, and then two Ted fellows killed Rizzio, and then, in obedience to an en- core, the prompter announced “Rizzio murdered—the second time,” or Rizzio doubly murdered by ,ghe red fellows and by the performer. Then Desdemona listened to Othello’s wondrous tales Of moving acckients by flood and field. Then a angel and a bad angel tempted a young girl, who was a good third angel, and then the good angel triumphed, and the bad one looked so beautiful that we all regretted that she bad not held more tfumps. After that came Dick Swiveller and his Marchioness, in which Dick was too sober and the Marchioness too ‘young, but which brought Dickens to us all, and therefore put us in good humor. Then wo had ‘‘Courtship,”” which the young, folks appreciated, and ‘Marriage’? which all appreciated, and jn which Mr. Edwin James, of England, and his lady appeared; and then a matrimonial quarrel, which all the married folks said was extremely natural. ''Then Mantel- Jini committed suicide for the fiftieth time, probably, bo- cause his dressing gown was so ugly and his wife So un. tastefully dressed: and then, im the next scene he didn’t do anything of the sort, but lived to get a better gown and abetter dressed wife. Then a pretty postmistress ad. miringly loeked at a letter, and we all jooked admiringiy ather. After that, Satan, in red, played the “Game of Life?’ with a young fellow in black, while a real ange!— for no woman could have seemed so angelic— dropped in to see fair play. = Then — Judith held up asword which was too heavy for her, and made believe to slay Moloternes, sndafter that Judith pulled Ho- lofernes’ hair—his head being stuck through a hole in the ble—and we were ail induced to believe that Holofernes ight, sandy, leg-of-mutton whiskers and a moustache, about the recurrence of old fi ions—for that is the «tyte now, you know. Finally,a whole lot of people played they wore at a Turkish slave market. he and the bad band played us out of the room, delighted with the whole affair, and most our applause, ‘ energetic and lavish im ‘That is the most “brilliant” account I tableawe, and 1 will ouly add that Mra. Tinsel aioe quietly into the room after the @rst. tableau, was ob sorved by no oue, scarcely, in the dark, and aa q retired, after witnessing abd applauding ‘a few fat pictures. é FINANCIAL AND COMMERCIAL. Wepnespay, August 21-6 P. M. The money market is rather more active than it was; it is becoming easier to place money at6 aG per cent. This is mainly due to the employment for money which the government loan promises te afford, Some of the dry goods jobbers‘are buying their paper in advance of its maturity. Nothing, was done in foreign exchange to-day ‘The market continues steady. Stocks remain inactive, neither bulls nor beara seeming to have courage to operate on a large scale, The 6 per cent Treasury notes fell off again, selling at 9734; the uew sixes and the five® of 1874 were firm at yesterday's prices. State stocks were lower. North Carolinas led the de. cline with a fall of 324 per. cent, Missouris fell %, and Tennesses 4. Prudent holders of these stocks are getting rid of them as fast as they cam; imprudent holders console themselves by arguing that the Confederate Congreas caa- not invalidate the debts of Virginia or Ten- nessee. When the bonds are confiscated it will no doubt be a satisfaction te the despoiled owners to know that the confiscatie® was illogical and in defiance of sound theory. Rail- way shares were inactive. The only ones dealt ia to any extent at the morning board were New York Central, which advanced 44 per cent, and Galena and Toledo, which were steady at yester- day’s price. Bank shares continue dull. At the close of the first board to-day the market waa strong, and better prices prevailed between the boards. Inthe afternoon everything was firm at the advance and closed strong, the following being the last prices:—United States 6’s, 1881, re- gistered, 873% a 24; United States 6’s, coupom. 1881, 877% a 88; Tennessee 6's, 42% a 43; Virginia 6's, 53 a 54; Missouri 6’s, 419% 0 42%4; Pacific Mail Steamship Company, 701471; New York Central Railroad, 73% a %; Erie, 254 a 26; Hud son River, 3324 a %; Harlem, 10% a 11; do. pre- ferred, 24% a 25; Reading, 35 a 36; Michigan Cea" tral, 41 a 42; Michigan Southern and Northern ie. diana, 1234 a 13; do. guaranteed, 29 a 4; Panama, 105% a 106; Illinois Central 6444 a4; Galena and Chicago, 65% a 94; Cleveland and Toledo, 29% ay Chicago and Rock Island, 394% a 4; Chicago, Bur. lington and Quincy, 58% a 59. It is now pretty certain that the 7 3-10 Treasury notes will have a sheet of five coupons attached, the sixth interest payment being made when the note itself is surrendereg. This will be a great convenience to holders, and will facilitate the sale of the notes abroad. The notes will not be ready for a few days; but the Sub-Treasurer is receiving payments from parties who intend to become hebd- ers. It may be as well to mention that all the first issue of $50,000,000 will bear date on 19th of August, when the first instalment was paid inte the Sub-Treasury by the banks; parties who buy from the Sub-Treasurer will therefore pay, in ad- dition to the par amount of the note or notes, what- ever interest may have accrued between the 19th of August and the date of their purchase. The in- dications are that there will be quite an active de- mand for these notes among the public. People im moderate circumstances are already tendering money tothe Sub-Treasurer in all kinds of edd amounts from $5,000 to $50; and when it is well understood that every man who has $50 idle cam make them earn a cent a day by buying a Treasury note, the applications will be still more numerous. The following paragraph from the stock circular of Messrs. Samuel Hallett & Co. gives some idea of the amount of money which is available for the support of the goverpment:— js The ability of the banks to take the $50,000,000 t= ample, but they will probably be aided, to a considerable extent, by the banks of all the loyal States. The capital of the banks of the three cities is $120,000,000—of all the loyal States $329,000,000. ‘The banking capital of New England, outside ‘of the city of Boston, is $35,449,071, oF very nearly twice as great ag that of its metropolis. The deposits m the banks of discount in the loyal States are $207,388,618. Tho deposits in the savings banks are nearly as large—those in the Stato of New York being $67,450,397; of Massachusctts, $45,054,584; of Rhode Island, $7,765,771; Connecticut, $20,161,042—making an aggregate for the four States of $141/378,110. The depo- aits in all the savings banks in the loyal States probably equal nearly $20,000,000, and in the banks of discount and deposit fully’ $40,000,000. This vast sum is only a small proportion of the available capital of the country, but it shows how ample are the means of our pegple the vigorous prosecution of the war. It is thus evident that, as soon asthe public are thoroughly informed with regard to the nature ef the loan and the high interest it offers, the govern- ment will be offered all the money it needs. There is no investment that can be discovered in thie country which offers, with complete security, am income of 7 3-10 per cent except the government Treasury notes, and in the nature of things the $600,000,000 thus stated to be deposited in banks of savings and of discount in the loyal States wily in course of time find employment in this channel. Many of our leading foreign bankers anticipate a lively demand for our Treasury notes abroad, not withstanding the opposition of the governments; but no foreign capital will be needed to carry ox the war. We notice that a leading dry goods jobber Offers to buy all his paper maturing before Nevem- ber at 10 per cent per annum. This is an indica- tion of revival in the dry goods jobbing trade which is extremely cheerful. Nor is it an isolated instance. We find, on inquiry among the dry goeds dealers, that there is quite an improved feeling im the trade and a partial recovery of business. Seme houses are selling good many goods, mostly fer cash, while others are receiving orders for geods from the country. Our merchants are getting ac- customed to the war, and by and by business wily go on as if nothing was the matter. We trust that the lessons of the past will teach the dry geeda jobbers that their credit system was founded upem unsound principles and certain to cause immense disasters, and that the only sound basis for com™ merce is a much closer adherence to the cash sys- tem, anda much closer scrutiny of the capital eg houses which undertake to do business on an ex- tensive scale. The following wae the business of the Sub-Trea- sury to-day:— The exchanges at the bank Clearing House this morning were $12,724,819 11, and the balancea $1,046,630 85. Every bank of this city has paid into the Sub- Treasury the ten per cent instalment upon the subscription to the Joan. The amount taken by each bank is as follows, and makes an aggregate of $35,000,000, or about fifty-one per cent on the capital:— New York. Manhattan Merchants’ . Mechanics’ Union .. National......... Buteh and Drovrs? Mech and Traders’ Greenwich ...... Teather Manuface’ Fast River... Manuf. and Mercantile. Pacific .. The following table. will show the receipts of flour and grain at Detroit during the past week ae ee ee a RR SE oS ES SE eae a ST RE Sees SP SS SS Ne SE FIT | Re oe ES a aaa ——