The New York Herald Newspaper, October 22, 1864, Page 2

FINANCIAL AND COMMERCIAL, Frinay Oct. 21—6 P. Me ‘The stock market was withou: speculative activity at the frst bosrd this morning, al:bougb quotations tor most of ihe levding shares experieaced some improve- mont upor thos of yesterday. The closing ssies, Compared with Thursday's second showed an advance tn Erie of %, Hudson Fors Woyne %, Michigan Souta- XM, Chicago aud Northwestern 4, preferred 3s, Chicog@. and Rock Isiand 19, Cumberiaud stow and Quincy declined 4g. New York Doard prices, River 44. Reading Ly ern 4, liinods Cen, Qoal 2. Buri Coatral and Prairie ds Chien were steady. Government sec. risies wore steady. Coupoa Awouties advanced jg, coupon sixes of 1881 34 @ 2. late stocks wore Leavy and ratiroad bonds dull; ; After the board the market the open buard, at ono 0’ om the whole, steady. Cajcago aud Nortawesiers 5, preferred 1, Chicago a’ Rock Islond 95, Fort Weyne Coair{. Lilinois Coated wad Obio and Missisai Oates were without ca°Bge. * Ab the open bowrd, as bx further advanced % a1 pe vent ou a portion of the list, extrome variaiious wore uly eyaal to1% percent, Tbe following were ta quotativas:— + 2083's + 2005 There is at prescvt an wuasunl al activity iv the gold room, ecnsequ ited dompd for export and the [ militery situation, Exchange, and a me queoce, nee of speculative upen the very lim- rabig aspect of the This dulness exteuds to the Muck “brokers’ market" is the conse- tere being very few at “bu! Duyers to assist tho eiorts days in the mark Presidential elect The recent dec of Stillwell vs. vious decisions, bas aroused the stock hou regard the law relating to broker and custonrer us the reverse of equitable, In the proent ac tion the piesa! two buudred shares of stock which the defendants bad Bought and carried for him on a margin of coession, looked for wil « Gecides its future course, cigs, sithough tw uccordance with pre swt ed (0 recover S: about to results, Wag me Court in the Second notifying Lim that sell. simitar with at the general torm of the Supro istrict iu 1863—namely, that White—w hore the plaintiff pot only rec margin, but t * might have sold for when the marke: reached its highest point preyious (0 the commencement of the action. Damages had previously beoa recovered under Like cir- cumstances, afiecti; ing cases: —Dykers vs. Alstyo! Stearns ys. Marsh, 4 Denio, 2: uson V6 Little, 2 Com- stock, 443; Brown ru, 3 Duer, 680; Lowis vs, Gra- ham, 4 Abbott, 106. ‘The jaw tf that, when @ margia is wholly or partially exhausted, brokers are bound to make demand for fresh imargin, and give formal notice to thelr customers that i this is qhey were cae, imilar Of the board tne svJes are pot public, (Cases oited m Abboti's 4,554.) And the object of the Jaw i to oflord (be picdsor auop)o. tuaity to redeem and to be present at the sale to vee tht it is fairly conducted. (Court of Appeals, 1657, Wheeler vs, Newbold, 16, New York.) Andeven if a special agreement i made. by which the pledgor waives notice o! sale, it bas been held not to be a waiver of demand of payment before sale. (Wiiltamson va. Little, 2 New York, 2 Comstock.) Mere loca! usage, such a3 that common aumong brokers, cannot be allowed to modity this and other legal rights of the pledgor. Nevertheless brokers always bave been and still are in the habit of “slaughtering” (heir customers by selling their stock wamhout legal notice when the margin is 10 dargor of ruvping out, or alter it bas runout, in which ease the customer is expected to pay the difference agalost It is beld to te honorabie on the Steck Exchange to do this, aud where a loss bas actunily fallen upon the broker st ws only fair tbat he should be reimbureed by his priverpat; but it often ethat brokers make a specuiation of their cus- them early on a continues: him to additwn to the expired margin, bap; tomera long stocks by ‘selling falling market, and, if the market to declive, by subsequentiy moking out @ return of saice at much lower figures in the event of the customers covcerved failing to keep their margins good, It 1s doubt ul whether the decision of the courts against the brikers will deter them from adopting their usual Practice with regard to the subject of the decisions re- ferred to, but the law hasa decided tendency to mal them more exacting of large margins than they other. Brekers are bound to exerciee due care fn the management of the mterests of their customors; er assuine to take all (he risks of the market fo fer ag ties are covcerved, only exceptional circum. Wine migdt be Dut as the lar 4 morally jostfy @ customer in suing his { margin avd demages; for it is the pri stances wi broker for a» cipal, ond not the agent, to whom properly belongs the Ticks arising from the fluctuations of market values, Bat 0 law as to secure the ft would be d proper dis. alt ty Bo modsty, tion of justice ta cases of this kind, and as the Urvkers bold the remedy in their own bance ton great oxtent, it is better that they ehould be made to suffer unduly occasionally rather thad that they should enjoy entire immunity frorn lege) responsibility. ‘The money market contioucs oasy on call loans at Beven por cent under the limited demand from the Stock Ex- ly wtagnant, and the rom pine to twelve and twelve to | change Fates are upc fifteen per cent being these current for prime and ordi- DATY Bignatures respectively. There hos beon a light demand for foreign exchange to- Gay, in proparation for Saturday have advauced their gold quotations for sterling a free tion; 1001, is asked for sixiy days for three days bills, Morchapta’ billa 1K jeer, Prancs range trom 5.12 to 5 14. The highest cash prices of the leading rail Cellaneous stares, Brokers w day, compare with the quotations on Friday of last week as ioliows:— American Coal Co........ Cleveland and Pittsburg R Cleveland an! Tledo Chicago spa {ock Island Chicago aod Northwestern R Chicego acd Northweetern RK Cumberiand Coal Co..... Central Coal Co Canton Co Delaware @d Erie RR Erie pre err Hudson hive Mtigow Contr Michigan eu bigan Miiwaukeo & Maripoea Sir New York ( Ohio avd of Faeifle Mat O...., Pittebury. tort Wayne & Chicago RR. Quickativer Miniay Go Reading K Gover follows Coupon Regi ‘Rit... ai RR. vero BR oe rarie du Chien rel RB... s.saipol cortiicate RR 10046 80% 124% rout Becuril fixes of 18%1 A vixes Of 1981 wenties, inte Watered Aveiweniies...,..... ober 7 J-10'he lreesury aot Coupon ten forties One year coriibe;ter bee ‘ Btate stocks were rogistored ot the following prices 0054 North Carolina 6's», 6 66 California T's 1s 87 Ohio 6s, 1981 loo BOK Michtvan C's. 100 ° 60 Laviei wa 6" 66 ‘The comparative on follows — tases. $48,917 180d:.. $74,808 Jocronse .. sees $25,586 Ainmcrity of the city banke of I’hiladelpbia have taken oc) ws tage of une power conferred by the evabliog aot, which was passed at the recont extra session of tho Pomnsyivavia Logisiature, to reorganize under the Na Comal Bankivg law, ‘The Gob-Troasurer in thie city réporte to-day as fo) bows — from custome... THOR, oy pee Fhe importations of dry goods at this port during tne guiiy improved, and at K, the improvement was sustained, At ihe secoud regular board (be market was, Michigan Seutborn advanced X, Now Yor Central %, Hudson River %, Reading 1, Quivasilver 4g, Cumberland cortid- <vast three, quotations were y wp. quiet to day, aad the the outside pubic operating on it, and without the pubiic coming iv as the brokers, mo cousidersble or steady rise can take place for many A feverish uod spasmodic state of » cesult of the jon in the Supreme Court in the case ¢ of the commission 0 1ont by the eaie of 09, and which (zey cold during the panic of last spring without A tried rave vs. Worth and sored bis original rence in excses which his stock pot furnished, they will sell at a given place aud time the &tock whech they have bought on account of such cus- tomors; but the sale, in (he eventof default, cavnot be rd of Brokers iwiest there was a stipula- 1, for the reuson that by the stipulations . | ted; steamer, and bavkers road and mis. t the firet session of the Bourd of | | 2 c, Central American at 2:¢, * 23e. —Chotce grades, which are rather roarce, con toue in fait demand, with galen of 80 bales at 40c. a 56e._ (she intter price for prime), and 20 bales old at Ze. a Innpo.—The market rematued yery steady aod price continved firm; emal! sales cf Maniia at §1 60491 80, Madras at $1 49a $1 00, Guatemna’a at $2 45.0 $2 60, aod Kupeu at $2 30.9 $2 40. Faem —Tbere was Father moro tone to the market, with a fair demand from the trade, Sales of 300 boxes 5 | Naibe.—Cut were 8 of the Chicago and Aiton Ratiroad during the week ending Cviober 15 were ag | we ck endigg October 19 5 ‘of the week previous:— — » Wreermaing \ Weakencing a ae ~~ Oct, 19. | Fertered “1 Consumption, Phas. Yelue. Phos. % Valve. | Mowufactares of woel... 238 $s0,28% © | Mantfagtures of cotton... 27 6,403 2 Maoulactarcs of BN.... GL 35,9 9 Bi Me 82 21688 «848 141-258 43 20,297 43 30,955 ceseesesesteee 440 $168,061 1.772 $427,142 2,151 $510,785 Wl = 82.781 1a 146015 re 58 18,915 1,828 $908,428 3 oF wool... 628 $241,080 417 $20: es Of cotton, 195 68.453 109 «2 Menulectures of eik..., 104 78,533. $5 «27.053 Newb cctores of flux...) 876 184t75" — S19” 77 Miscedancous.. 1ST SiloT? 6421868 35,612 9S4 IOV,809 Stock Exciange- Furpay, Oct. 2i—10:30 A, My ‘300 sha NY Central RK 1b. bho DE 15 116, ‘81, cou... 105% +» dus, 20isjeoi 10; 10; or un viniki Obie ae Miss eer... uO) brie de hore Litineta Cent Bde. 1 igo «NW Ist me Rp Toledo 6 00 Toi se W 2009 dee avd EIS, be PeuOhiatm 10 140) American ,old.., 2 10» ao. bo 200 Chile & NW pei. viv 0 do. s . tag wi Re awen ie aa Ou Pitts, FLW & Cl OS io ‘ BO AILE 7 3g 170 Chie & Alten SSc¢o Is" 1wo BL 0 8 Chie é A! SECOND BOARD. HWatr.Pasr Two o'Creck P. Real? 12% 0 sus iteadin= 5 2 f 2.0 Mich 100 Wuecnl | NW. pr LOUhi & RkIsiend RR 201i WECHICRIL 95 4 do... + 905 CLryY COMMERCIAL REPORT, Tray, Uct 21-6 P.M, The market is a shide Asimms,—Teceipts, 11 bbla. Aimer with sales at $11 and $12 60 for pots and peuris. Prraosttse.—Receip's, 11,681 bbis, flour, 600 bbls, avd 30 bigs corn meal, 20,418 bushels wheat 4,524 do. corn, 76,206 do. outs, 7,500 do, ryo and 18,148 do. barier, The flour market was dull and 6, a 16¢. lower, except cm round beep Obio brands, which were scarce wnd firmly heid. The. demand was continad to toe wants of the focal trade. which did not appear to be-very pressing. fates, 9,00 bdis. State and Western, ‘750 sentbern and 609 Cavadion, In ryo flour onty r: Jobbing trade at $7 50 S$ TH Corn meal ruled stesdy with 8 .Jes.of 250 bbig. wt $7 25 u $7 35 for Jersey avd $7 90 for Brahdywine. We qavte — Super flue State and Western flour. $3 40 a 8 60 Fxtra stete.... A 8 15 8 Bo Choice State ooo. i 8 90 9 00 Connce to’medinm extra Westera, 8.90 a 950 Bxtra round boop Obto. 900 21000 eeiere trace brands. 1006 11-50 Extia St. Levis... 97% 918 2% Com:non Soutbern - 1030 a11 00 Paney and extra do, -11:10 814 00 © mmou Canadian. , -$85 a OU Gooc tochoice and extra., - 930 all 50 Kye flour, say evtine, -800 a 975 Corn meal, bbls .. . ~ 710 a 800 Corn mea’, puncheons. - :35 00 8 35 50 —ihb a an advsuce of teblished ©. predictaed on light sujplics waa ¢ @ and amber winter: ba good milling demand tor sales £0,000 bushels at $1.95 a Milwaukee sprivg, $2 15 for w $2 2245 for ber Michigan, Kye was heavy at $1 40 lor Wretern, with salex of 7.400 bushels. Rariov was wiet with sales of 9,000 bushols Choice Canada Weat 1 93.2 $2. Barley malt was dull; sales 2,f $2 10 Corn was seareo and uno cent dei of 40.060 b 3 4 Soutbera yellow. mall supply at 5c. for Canada DeeswaX was very quiet, with small salts at 68c. Cotox.—There was a better feeling noticeable in the * marker, und sales were made of 500 bales, with, bow- ever, 10 advanoe in prices. We quote:— . Upand. Fiortda. Mobile. N, O.€7. Ordinary. 2 93 94 95 Midohug. 116 it 118 Good tniddhing ++ 120 121 122 123 " Es.—Sinall sales of adamautine were reported at ‘évc. for city. Sperm and patent were very quiet, prices ‘Being vominal. Corre. —We bave only to report sales of 100 bags of Marggaibo at 39ic,, apd 50 do, Java atdsc Stock in first “bands on 21, 1864:—120,907 bags. We quote Kio, Ordimary to fair, 36 }¢¢. a 873¢0., four months; good {wir to prime do, csc. a 39c.; and fair lo good cArgves, 36 tye. w ST Ige. Corn —Small sales Portaee Lake at dic. a 473y0 4 480. Drees sxp Dyrs.—We notice eales of 15 tons soda ash at Ce, 9 5';¢., 10 do caustic soda at 123.c. a 12% c., and 20 kegs bi carb, soda at Spc. Fus.ants were extremely dull, ‘lo Liverpool 50 tons oll cake ai Ss., per neutral 50 tons do, at 103. aud per | steamer 2,600’ boxes bere ut 208., and 60 tons heavy govC# BL lis a208, To Lundon $0 tons oxide zine at 15E., and per steamer 150 bbis. appice ai 42. aud 600 boxes at 308, To Hotterdym 300 bb's, potrcleom at 78. During the past three days there hus beon but nquiry, aud prices wire generaliy lower, ‘The oviy sales we Leurd of were 200 qtie. St. Georges nt $3, aod smal! pare quiet, with sal boxes Lerring Hines y ere very dull aud prices wee 1 ted 61 1,009 Buenos fornia at 26 a teers At T1c., 200 cows-at 10 3gc-, 1,500 3g) and £00 cows at 1 We quote Buenos A: nel cash, at D0. a 3Te. Ayres and Montey lev, Rio Grande at 27¢. ® 2We,, Orinceo Coliforuia at 28¢. ; 4nd Matamoros at ere made of Detroit at 48c., and ‘Age. Baltimore was held at ittle 8. at previous prices und 2,000 Abe, for vealed, terms, and 1,560 layer raiei-d amd 100 bags African peanuts on private were very quict,aud may be quoted at about 52. a 34o, In Boston, Gusxy CLovm was very dull, with only smail sales, at ic. Hay —Shipping was selling at $1 250$1 35. Retail lots coulinuos im fair demavd at previous ppces, i Yaniia was to moderate demanl 1. & 18% Ce ot be $190. ‘with fa! American dressed mi od Go. undressed at $160 $5) $21 laa: quiet, with smyli sales at Lic Lae THee a. was jn fair domaod and prices aes of 250,000 o\ $2 25, 3 mor ths. wh—Rockland wes very quiet, ibero being smal calee wade at $i 76 for tumy, cosh, aud $1 25 for com- men. Lvuome,—Fastern spruce and pine were ia limited do- mand at $23 a eub. wes comtinned in moderate demand, with sales of New Orleans at $1 054 $1 15, and 71 huds, ds. ed, 15,052 hhda Porto Ri urmer, Oak was dull aud quiet at pre Barbadoes wt 82c. Stock, Uct. 21, 180¢:—7,500 bh id do. cia, Origaus, Smail salts of crude turpentive were mede at $16 per bbl Americen spirits of turpentine, as wi tied (Or the trade, was selliny ot $2 20 a $22), though seles wore made at lower prices Rostus were hed bi-bet $20 being demanded for common, | at Sid a gH Tar was quiet julet at 100 ; clinch, 10}¢c. a 11e,; copper vaiis, 750., 4 months; forged Lorse, 406 a 450 , | carb: gine uails, 260,, 6 mouths, and yeliow metal outis | and spikes, 600. | on there was but litte doing. but may be im was quiet at $29 $2.05, ; Monnufretured wns niso quiet, $2.20 4 unbleached wii a , unbiesebed winter sperm al ad do, do. mh g2800 $2 40,4 4 end Bleached do, do, at $155. Ta “entend, with sales or 20 is. winter LS 1), ee ' 160 DUls. Bummer do at $1 50.4 $1 86. Bank ' Ly se quoted ab $140, and Straits at $1 $6, which is } “rrorrom —Crnde and refined were ogain dull, and | prices again gave way. ‘This war Partloatarty the case WIL ire Gy ich wae (ree ties aa low 98 760, A T7o,; others, however, who have i) bay- ing and holding for trike on the short supply theréof, dom ndod 17$g0 @ 786. Prices were nominal at 40%. dic for crade, 4c. for refined, in bond, an a for do., 8 The sales wore confined to about 450 ertide, 1,190 do, refved, ia bond, and 750 do, free, in Jota, on the spot, at the Above peiies, but including small lots free at 77 3g0. @ 780., and 1,500 bbs. crude, for next 0, Benzine was nominal at 47 sc, prokages 1 G47 bie, pork, 1,116 Se y offered by some month, mt Taovuens,: cy regular way prime, $41 | ter mees; aiso 1,500 bbls, October, buyers’ | do., buyer, ove: | market was quiet; -with,sales of 290 bvis | country mess, $15 a $17 for reprowed | $23 0 for extra Cus mesis were dull aud heavy; | suias 290 Wickagehy ab 1, al . sor shoulders, avd A ja or bams.” “Phe lurd market was steady, wit of 2,100 bbis, at 20¢, # 22i¢¢ , Vue latter price for choice kettle reudered, Buiter quiet at 30c. a 30. tor Western, and Sie, & 45¢. for State, Cheese quiet at 1c. a le, for conLNOH 40 prime. ‘ Ries coutipues in moderate Inquiry at previous rates, with salesof 300 bbie. Patna at ldc. SpeLieR —Fore'gu remaiged duit and gominal at Tc., e active, but ia —The market was rather we prices (here was. no material chagge; £nles have been m dot 2,500 sacks Ashton's Liverpool at $4 60, 1,600 do, {Rotary at $3 40, 2,50 bushels St, Merun's at Te, 1,900 brshels Anguilla on vase taba and 3,000 buauels Torks teland at 6a a 3 SkINs —Lhere was wothing of importance travepired, Wand beery the market bemg dal Sueps.—Grass Be veing nominal... Rough flax ‘was rather mere active, with saics of 1.500 buste's on private terms, Linseed was oiltved at $3 55 for Calcatta and $3 10 for American Sricks,—There wag rather more ivquiry for some des. criptions, but prices were: without material chaogo; sules were made of 4,600 mataicassia at » 1D cluding 8 small lot at 6c. Pimento quiet $1 25 a 1 30, and nutmega at $105 a $1 70. Sveax.—The demand was less agtive to day, and prices were @ trifle easier, with sales of about 60 bbds Cava muscovado at 1730. a 17c,, and 16 hhds. Porto Rico at guise. Faiz t0 good refiaiog may be quoted at 10%Kc, 163,¢.,4 months, Kellned was quiet at 21'.c. « 28¢, for soit yellow, 233¢c. a 242¢c, for sot white, «nd 250, for crushed, powdered and granulated, Stock October 21, 1864:~ 46,619. bhds., 36,80 boxes, $4,505 bugs, aud 51 bhds. Meiado,~ Tea was in good jotbing demand at previous prices, No saies of moment to report. TaLLow,.—The market ruted firm, with sales of 126,000 Woe. at Ic. a lbige. a ‘Tonacco.—Ihe market continues quict for Kentucky, and salves Of only 250 bhds. have been elected at prions ranging from 1ie. @ 480, G1 sweet lent 250 cases sold at B. ret. 2, i , in| Bi it Mr Psar Sin—In consequence of ao absence of several days from homo your letter ct the 8th did not meet my 1c a 60c 2 Tix.—The market for pig was very quict, with smail snies of Engiisb at 65¢. Plates were in moderate dewand, with sales of SCO boxes, assorted, at the rato of $19 « $19.40 tor! C, Wuiskey.—Keceipts, 443 bbls. Market flat, Sales 500 bbis at $l To a $l 74 Woor. was held with rather more con(idence. still buy- ore did not take bold withany avidity, Sues 100,000 tba, fleeces, 1n lots, extremes; 60.000 Ibs, Caltornia, p. t nia small lots, including Cupe r PAMILY MARKED REVIEW. Prices havo fallen considerably etoce our lust review. Potatoes, 8-4 ard meat are gradually coming down, and #f tho descent contiyues at the same rate for a week or two people will be able to purobase a faly family dipver for five deltare.or #0, Butler and exgs are sitoost the oviy urticles whch Keep upat a bich figure, but tt dicati ve arogthat they will come down with the a short period, Bolter ranges from zc. to 69 pound. [ges sell at the rate of seven for 2 deo is at from 20e, a 48e, # BE per pound: mutt lum), Ie, @ 256; veal, a 240, ; bans. 20 , Be. 800; turkeys, toes, $2 a $2.50 por barrel aud cabduges, Sue. 26 a 18c, per potas fadeiphia Bunks. Piutaveuriia, Oct. 21, 1864. Purenant to the provisious of the act passed by che State iegislature at the ¢Xtra session, he most of the city banks organized under tho Stato charters held mevtings of their stockhulgers yesterday, and by a two- "g| tics vole of thelr stockholders determined to reorga ize under the national systers. THE PRESIDENCY, WHAT LINCOLN TOLD.A SISTRt OF H.W. BRECHER. {From the St. Pays Pioseer, Oct. 13.) We know thet Abrulam Liucolo toid Miss Catbarine Beecner, « eister‘of Henry Ward Peecbor, that be “sbould cease to regret the day he fatied to remforce M Clelian on the peninsuta;” aid we dare Abrabam Ltoculp to deny it. ANOTAUR LETTER FLOM RKVERDY JONNSON—HIS ADVICE TO MicsCURI, FAL TIMOR You porhaps bave been by lcyers o Publisbed tu the papers, that Peupport why | ao reve the Uniod can ne: ot Me, Lincoln, and bave every rea toy that it can be under that of We have been neariy four years ut war. Ben by MeVicllan, and money without limit pave been placed in Mr Lin. coin’s bands, md not a state has been br ught back. Atl re than, the aggregation of @ debt of evormous aur Creugiug caiiy by millions. Look at yourownsiate. It makes the beart bleed to know its cbndition—a condition that might easily have been xvoided at Mr Liv coin bad Deen at aii fit for the duties of his station. We must rid ourseives of him, or, as 1 think, our fate will be, at the end of auother four years, one of bo: cleas ruin. REVERDY JOMNSON, L, Canvamiz, Fsg., St. Louls. F, THE CUICAGO NOMINERS WRITING LETIER?—LITILE MaC 10 THE M'ULKLBAN LEGION. Ovaxca, Oct. 15, 1864 eye until to-day, 1 accept with pride the honorary mewbership of the legion you have done me the honor to call by my name. No greater ¢ mpiiment could bave been paid tome than this aescciation of my name witha society com- pored of my comrades in tbe present war. My love and gratitude tor them have remained unchanged during our fung separation, a1 havo watcbed with the most intense interest their noble and persistent gallantry io the many battles they have fought under the com. Manders who bave succeeded me in ths Army of the Potomac. ‘You and they may rest satisfied that I remain the same mao that | was when | bad the povor to army of the Potomac, apd that 1 shall ne disappoint their confidence. ‘Wita my sincere tuanks for tho compliment you have paid mo, and my earnest wishes {or tho prosperity of my former comrades, and of our country, 1 am, very respect. fully and truly, your friend, GEO, BL MOCLELLAN. LETTER FLOM GEORGE MH. PENDLETON, CANDIDATE FOR VICE PRESIDENT. Jn a letter, dated September 28, declining to speak at a public meeting in Missouri, Hon. George H. Vondieton soys— Your kindness hag put me in a position where delicacy forbids such efforts. i could ooly say—what f have often before said —itat if success crowns the work of the democratic party, every aepiration of my heart would be gratified by, as every eilort of my life would be direct to, toe preset vation of tbe Union, the matutenance of t constitution, aad the secu Of ail thelr rights to the Statee, aud of ail their liverties to the people truly, yours, GEO, B, VENULETON UNI!ED STATES ASSISTANT TREASURER FOR LITLE Mac. Mr. Wilitam A, Shannon, for some time past holding an important position in the United States Treasury office, in this city, hus cutered tne field In support of MoCleJan Before doing so he resigued |iia position under the guvora, tment in the following manner:— Unrrep Siates Taxasvay, New Yore, Sept. 24, 1964, mand wiluingly Dxam Sik—Leiug desirous of entering the cauvuss to active support of General ScClelian for the Previdcucy of the United States, and deeming my present relatious with the administration incompatible therewith, 1 tender you my resigcation 48 an oflicer in your departa I wish hero to state that | bave been @ war democrat from the commencement of our uobappy contest, aud deepsitiug of the desire es well as ‘abIiLy of Mr. Lincoln ty the coyntry tyroug! PI tb orisit 8 mio er ay ‘have determined to sac- a with our igs Fifice official position t¢ ald in ap humbls way in brivging about achanye of rulers. WM. A, SHANNOD MCLELLAN IN CALIBOUNIA. PY Mr. Wm. F. Coleman, one of the most active méi in Ban Francisco in support of the war, one of the founders of the people's party in (hat city, and prominently con- nected with the Sauitary Commiasion in Californt published a leiter strongiy advocating MoCiellan’ tion, a8 the following extracts, will #how:— fax Francisca, Sept. 10, 1864. * © * As an independent democrat t Mr. Lincoln, but, a8 @ citizen, 1 adopted nis election as and (air, avd determined, xe in duty bound, to support him vutalteringly aad unilincuingly, * * -* Idreaded id osed It, but Sumter once fired vate fas peace wore piainly futile, e at the end of a severe struggle, and with iniilions ot domporess | joined in the irsue aud lent my (ui est support to the adm:nis- tration, All sympathy gave way duty ond right, I assisted i9 raising avd Sitting troops for the field, and five (houseud dollars por aanum would not cover my Contribuitous to ibe cause, = ¢ % 8 © # I giadiy coutributed to the Senttary Commission, and Bitollar efforts, niwoys tokiog pains to say L acte democrat; and that while] was for am aobive, thorough, vigor rorecutio® of the war, I boped the day was goon at hand when we conid hail @ glorious apd honors. ble peace, tho Union 1 hope it is near at hand now, and, with thousands of others, 1 adopt General Moviellan's tatesmaniike aud patriotic pol.cy as the trup ove for the coupiry bo purtue * Tt necessary to the salvation of the Union the war go on; but whevever the Union can be Cunha 9 mane more biood amd troasire, in the eo MINADILY, Of Patriotism, and of vd BCNEC, fet us do it, 1 lock for teas of thousands of good Union pee Ne to join beartily in this, White Br, Lincoin ts pro. bly pyar goes mad ju bie way, bis administration has been far from harmoniow or # and, with all deference, we ibink theta ter full trinl, bas shown himself able neither properiy to conduct a war tor con- Clade a peace; and we want a man at tho hoad of the gov- erninent who is able to do either or both. Very truly, your obedient aha . im Battrwor, —Joba ¥ THE BEDEL FINANCIAL SECUATION. | Sion 82 erm What Secretary Trenholm Thinks of Rebel Bonds as an Investment. Three” Wundred. Thensand Dollars - iu Bonds Sell fer Fiftcen Thou sand Dollars in Geld The Bichmond Official Organ Continues to Advocate the Arming of Negrocs. ~~ General Bragg Commanding at Wil- mington, N.C. THE COMING ELECTION. President Lincoin’s Re-election Considered Certain, Gen. McClellan a Dangerous Wian for the South. CHARLESTON DAMAGED BY OUR SHELLS, GSKIRMISHING IN EAST TENNESSE: &e., ae, mu The Rebel Financial Situation. ATTEMYT OF TRE RABEL SKCAKTARY OF THE TREA- SUKY 70 BOLSTRR UP TUK CREDIT OF THE CON- FEDERACY. {From tho Richmond Pispatch, Oot. 18 1 Secretary frenvolm has written a letter to tbe com. mirsorers ¢» fix prices for four of the Suates of the coniede- racy, which wil be read with intercet and, we bupe, profit, The clfiel caase of the depreciat reney ts ihe dis'rust of grtermment securi tex; Secret ry undertakes to show that this distrust ie with: out reagonabic foundation, He fa: ‘The evtire pudiic debt, farded and unfa' ded, was, on the Ist of July last, about §: 000,000, The expenses from the Ist 0: July to the Sist of December aro esti. Maced at about $325,000,000, making an egercgate of §1.575,000,000. In thie amount is included $250,000,C00 of four per cont ‘bonds to be irsued in place of a hke amount of old cur- rency funded under tho act of Kebreary 17, 1864: but « considerable portion of this Aum will be returned into the ‘Treasury under (he Tax act; ory in other 1» the whole eum produced by the taxation of the present year will be appiicable to the reduetion of thie aggregate of $1,574,000,000, Let a tiberat allowance, bowever, be mide 1or upposite contingencies, and let the debt on the first of tanuary, 1865, bo set down in round oumbers at §1,5C0,000,000; let the war be suppoeed to continue, avd In its progress add $500,000,000 more to the rational debi, making thenggregate fiually $2.000,000.000. his would entail upon Us ay anvoal folerest of $140.600.000, Why sbould our abitty to bear this Duribeu be doudted? Defore thie war it was uileg sd. great truth) that a sum paid in tribute to the Norcbera Stites, Why should it hot be prid with oynal ease to our Own government, by wh m it will be returacd to us in the payment of ite terest? It may be supposed by somo thet the magnitude of the debt, {2 proportion to our property, may lead togeneral fosolveocy and bei kruptoy, Let us examine the grounus Of thik possible apjrehrusion. If a planter, whose prop- erty before the war was worth $100,000, sell during its progress whest, corn, &¢., to the value of $100,600, and take goveroment berds for the nmoupt, bow does it incur the risk of being ruined? And what is true of ono citizen ty this re-peet, oF of one cluss, 16 the whole community. ‘The alarm must ariso from tnattention to the tmport ant consideration thik we are welling tot year by your, only the su There im «ne way, however, in which the debt may be mude uppressive, as the following transuction will show:— The government patd, on ons occasion, $300,000 for cer- (atn supplies, and the party who received this sum bought with ft, front a foreigner, $15,000 in gold, dehverab o in England, With the $300,000 thus obtained the foreigner then bought an equal amount of governmevt bonds, bear- ug seven per cevt per aunuin interest it follows thut, al the end of this War, for $15,000 thus. acquired by the citizen, the government will owe a deot Of $300 000. The citizen will reccive annually $1,050 interest, the government will pay annually $21,000. Had be, ov (he bought the bonds bimset!, toe $21,000 annually roment would have ‘been received by itizens, and the country, asa whole, neither richer nor poorer. I would earnest!y imoress ujon your consideration that, when traced through uil their various ramifications, this {8 at fast the unifurm result of every caso in which supplies aro sold to tho government aud property of suy description is bought with the money to the exciusion of government gecurities. It should be borne in mind that we have now no com- mercial class in this country; that the banks have a limit ed capital of sbout $40,000,000, and, beyond this sum, bave no power to purchase government bonds, The creat ‘mass of car citizens, then, of every ciass, must combine and take government securities, and nothing else, in ex- ange for Tressury notes, or the public debt rnust tufal libly go abroad, There §s no single class of our own citizens who ot tae power to purchase and hold $1,500,000,006 of bonds, The question, then, is betweou public'debl being taken by our entire population, of sli classes, of by forciguers, in the manner and on the te already tdicated. Judging trom present indications, there will be uo difficulty im finding purchasers for out bonds among thoee who are seuding toem abroad. Sh: they be allowed to po abroad? There can Le no eecipa from the witimato par ment of the debt .4: held by foreigne ere, we could not evade it if we would; if held by car owa people, we would not {f we contd: and under no cir. cumstances, I truet, would @ suggestion so dishonorable be gravely entertained, The cap nditurce depmd, in @ grat Aegree, upon the PPices you shall fiz; to you asloue have Congress cuntided the power of exercising any contro! over“thia quostion. And (brough yeu, may those engaged in furnigning sup- Plies to the government, nud for the paymont oe whom the pablic debt is creited, most exsily a d naturally 1 how much botter they are served whon your moderation in restraining the public expediures confines withiu more prudent limits the mortgage upon y d with how much grouter sa ety they m thomselres become the purchasers of these mortzay than pormit thein to pass into the hands of foreigners. The whole question, complicated as it may at first ap- pear, is perfectly simple, avd lies fp a notehell, Con- grees Los ordered the following expenditures to be made, Damely:— For pay of the army.......+ a. ee+ $75,000,000 For clothing, sues, material, transporta- tion, &e ‘ ++ 125,000,000 For provisions tor the army. Total ++ 100,0° 0,099 + .$300.099,000 ‘Th pend 10 ‘be paid for in Treawury Doles and in certificates of indebtedness Dearing six por cot interest aud free irom taxation; and for the security wod ultimate redemption of the Tressury oy have provided hon (exable six por cemt bopd’, which (hey direct me wiell for Treasury p ar If we suppoes the purchases W have beck fade, mod tid community to be in possession of the $00,000,000 of ‘Treasury notes, the next question is, will they pass them about from hand to hand in exchange for property at ex. travagant prices until they gradually fall into the bands of foreigners ig are exchanged by them for Confeder: vous, or will bvery citizen take thé government bow: bimeé!!? J Fave, endeavored to prove tbat ur true inier- est consists io following tho latter course, The Rebellion Not Kfifectualiy dewThe Winter to he Em From the Richmond Enquirer, Oct, 19.) The official intelligence from the seat of war in Georgia 1s of great interest. Stato road trom Ressacca to Tunnel Hill has been utterly destroyed. This is the only Ngo of railroad that connected Sherman's army in At. Ino ta with his base at Chattanooga. Sherman cannot be- gin to repair the railroad without first marching to Chatiae noopa, tecavse he has no rails at Atlanta, and we presume the destruction of the railroad implics ie oo of of the atl, He is thus forced to w his supplies after bis army, which, marching upon the country roads, will prolong the time and force ® consumption of his kepplies. Ho will have to fighta battle, in ail probability, before be resches Chattan and if defeated in that battle, with ood between hi and Chattanooga, his army must be destroped, Wit! every anoO, thorefore, for the uncertainty of battle, we oanoot but rogard the position of the enemy in Georgia as a portions, and with every reasonable Of the total ruio and destruction of his army. ‘The garrison leit in Atlanta may be hoid the fntrenchments aga! its movements will be; but it has not the thas | 3 a ‘ pursoe decided the bicctton in favor of Lincoln, Too'r { wad purse sated car ecu ees and Sherman took wie from sataral te without aruay | out aflent!y Ul , and oot tp alle The moment be chap; wi ' resol mob ws an fickle as wind. Hood, and from the besieger permitted to be | my CJ to-morrow for pease as it Desieged, that moment chavged the whoic aspect of | to-day for war. own armies are the only p and offered the best opportunity for | mal By keer Abe ranks filled up and beating ti} rmy of the every that No goobeats can belp Bim. ‘was the case at Shiloh; po fortifications can protest bim, 88 ot Fredericksburg; end it he fights-t must bewheo and whore Hood saleets; if he does not Gcht he must | starve. We do vot look for any great battle in Georgia, Tbe best policy for Hood is to avetd a fght, and to harass the enemy, exhaust his supplies, and demoralize bis arm, a ring before Sherman, with Wheeler and Forrest to harass bis flanks, Gerera! food can protong the cam: | ign Untiithewumyort tbo exempisdicsvived by buy | fer: for no general ean keep # starving army togeth At ‘a moment, there ore, when the eutnorities at War jugton have froclaimed tHe fu!l Of Atlanta and the sup pression of rebellion ‘outside of Virginia.” the | people of the United States will discover the fraud | Mosd upon them, and discover that their army is tn jmmineut deuger of capture or dispersion. A very heal:hy state of mind to go. to the November polle ta hale “I rt the rebellion, a ter betuz “suppressed” two yeurs, hes breken outafresh and is spreading over the Whole State, General Price marches wherever he chooses. tirst throutens St Louis, vext Jeflerson City, ud lastly i€ suid to be nt Boousville, wud to have crossed the Missourt river toto Norte Miseuuri, The people of the United States are told taat the ‘guerilla activity” of Miegouri has become quite annoying, but that it “will die ou burst forth (rom that State before Jony, and in time for inglueaciay Lhe Presidential election. Tn Virginia two armies of theeaemy to pull down the “pillar of the econteder hagretired from the valley, xad is reported at Warrenton, moving towards Alexandria or Fredericksburg. but with ont baviug taken Lyachourg. Grant, a’ cizoal tho J) river, keeps up appearances by meving first on one side nd then on pho othor, but accompitsliing notbing to- warts the object of the campaign, ualess tat object be the ejection of Lincoln imertend of the Sapiure of Richmond, But even the election of lincoln does Hot appear very encouray withstunding the evAdont sympathy of the rebols for his triumphant clection, Notwithstuncigg the repyblican reports of great victories in Poonsyivautt, Ohio avd In- fiana, it appears that the democrats have exrried Penn- Iwabia, wud the resuit ty the other States is not by any means cortain for Lincoim, ven Marytund, with tbe | heel of tuo tyrant upon ber, has yet vitality ‘enough to spare alike bis favors avd bis threats. Fron. all quarters vf the country, the progpecta are epoodraging. We do Not mean thet’peace is imminent, but that our triomph ts eventually certain. ‘To eeoure peace, we must not pernait the winter to pass withiat incressing the army to larger numbers thay over before, We must prt the neyroes an the ranks; aud®prosent to the cuemy the strong trout of a poweriul arty in the epring of 1865. General Bracg’s new,Avpointment. {From the Richmond Examiner, Oct. 19] In order to relieve the anxiety of the public mind, we kre aliowed to stato that Goneral Bragg 18 going to Wil- mingtoo temporarily, He wil retvrn to Richmond whea tue emergency which Galls b Appreéachi President! Etec. tion iAncoln’s Eilcetton Certatu, [Froia the Richmond Dispatch, Oct. U4.) The com»iction of the returns from tbe North feave no doubt with regard to the teaiecticn of Lincnin, For ovr Lwa part we are in no way disconcerted or disappoinied, for we have never for one moment entertained a douot thar the result woul bo precisaly 8..ch ag tt is now evi- dent to ali thet It must be. Nor. to speak the trath, are we disple with the issue, We have always regarded Mel 5 the mos danyerors man for the confederucy that could poss:biy have been putin nomina ion for the Nrlean Presidency; nor do we seo any resto now to doubt that our opinion was weil founded. He bas proc himsel’ a war candidal although phiced by bis triends upon a pei platiorm, Ho avows, at,the risk of lostog m votes, his determination to prosecute the war to the re- storation o¢ the Union,” He avows his determina! if elected, to place the presecution of hostilities upon a footing couristent with the usuages of civilized mations. Had he mi elected there ts every probability that the policy of armistices wad peace couventions—the most dangerous policy that could possibly have boen inaugu- ruted tor our cauco—would have been pushed to consum- mation, Besides all this, be is. @ man of large military experience, and koows far botter than Lipcoln how to handle the unmeose forces placed at tho command of u President of the United States, We are gratified, thea, at the escape we Hank wehkave made. It might have brea infinitely worse, We are, iadted, confident that it would have been, We now are pretty sure of what we have to expect. Not only is Abraham Jancoin President of the test S ates for the next four years after the 4th of March, 1865, but he goes in witha majority large enough to. sustain hin in any dtrocity he may mediae. The mejority of tho North bave pretty clearly declared themselves weil pleased with the war and with tue manger of conducting it’ They eudoree all tho atrocities of Shera ali the cruelties of Hunter, alt tho crimes of Sheridan, all too murders of Butler, all the butchery and barbarism of Gract. The covilagrations of our towns aad tages, the deportativn of our womeu and children, the ‘starvation ot whole populations, the tusti tions of our slaves to murder and robbery, an agerava. tion of all the borfors of war. i: its most horrible aspects, where the passions are lef eotirely witnout control, aad every applivnce is used tu stimulate then, until, by their inauigence, mon become devils—all thos virtuous, ‘inteligent, civilized, Christian, religions Notth—the hes of the best government the sun cver shous unon—have deliberately approved of ax applied to is Ana we way of escape, Ibere can be no sbuilfing ja the ranks now. Every tna must koow his place, and must keep it. The issuo is hot pouce or wer, but freedom or siavery, existence or extermination, It 12 best for the people of tho confederacy to und and, once for all, that their hopes consiat m thoir arms alone.’ If victorious, they can commant (he issu de eated, the isaue will vory certaialy comm Thoy are contending with au enetny who will jitea ty no terms sbort of avsoiute suvmission, Let us hear 00 more cries tor peace, but fet every man make up his mind to war, = Wehace hither!o bem extremely cu rie to regard the war as.inything more thana sort of epitods in our existence, We must in future look upon ti as tae main business of our ites All our thoughts must “turn in that direction, as they have hitherto been turned upon the meana of procuring hivelthood aud establishing ourvelves in lite. Everything we dv must, ‘rom tbis day forth, bave some relation to the conduct of the war. Our army mut be made a rigu- lar army; bitherto it has been nothing 1aore thav a body teers. Our cavalry system must be reform d. Wo give up moucy making and devote ourselves to the parewits that will best assist iu carrying on the war Better to make a fow dollars less for the time beiug, than to make it for the Denefitof the Yuvkces, We have bo- come accustomed to bardabips and seif denial. Taoy will become even easier to us than they are et present. Above all, let not our peopie be deiuded dy the cry of pea-e Zt has done them an inmense deat of narmalready, and 1 wilh do ‘them a dect more “ef they listen fo it. There Present no prospect of peace, nor will there be as long as tie Yankees con- tinue to believe themselves cating y day. There will be pow, until they Snail have become coa vinced tuat their efforis to subdue are unuvailing. This conviction we sbull be compeited to beat inte their heads ; and in Order that we ma coosary tint every kes rep bat if we can ter-—as most certainly we cun—the past. Gur enemy cua never make sucd ad ollurt as bo bas made and |s iow making. The New Yors Merchttuts Decide the Presidential Micetion=—Mr, Lincoln's Kirction Srobabie, &e. ond iixaminer, Oct. 18. n of 1860 was dec the of New York. ‘The leading merchants of that me- tropolis resolved deliberately to support Use elect Livcola as a means of * giving quiet to the Wrion urgued that the abpiition party would coutinue to a the question of slavery uutil (h-y uueceedod in gr the reins of power, and that the very possession . of power, with the reaponstbility it conierred, would reuder them covservative. Their proposition was’ to quet the agitators by putting them in power, and to josure an orderly aud Jaw abiding opposition by turning tho co Bervatives out yf Gee, ey an ides cog hive ema- uated Ho, tho bali of Gat 30 man—"rola the fertile Wetiully Of no other perzoa, of course, than filliam iL | Seward, A coutroliing portion of the merchants of Now York, in moeting assembled, acce abs ing their purpose to sup A UrKINg thoi Leltow ci Many of theee merc! ever anitormly before supported democratic men and measures. They now determined to support the repab- [gin candidate, aud by tho influence of thoir example ny g tube names, by weanuy asa fnlonigen! Berinteu hot the Nort, und their action resulted im the election Of Lincoln. . The result of their proceedings bas no Coabt disap. Potuted them, Tho Union, instead of being quiated, was? d\troyed, Power, so rom rendering the agicators co\servetive, produced: that madness of which all on thi\ continent have scen and felt the direfi eects, i perience bas dem nstrated Of what stapendots folie | even tho. wieest aud shrewdest mea may be capauia, The probabilities seom ail to be in favor of tho re-elec ticn of Lincoln, And tho ploa on which jotelligert and responsible men will now support bim will diier very Hite from the absurd one on whieh thoy elected him wopysition now iz, that is is better to ‘ar out than jet wheh it is necrly Oniehed. Ana proposition is recommended and supported by a thous.rnd falsehoods concerning the early exheustion of tho rebx"lion, of wh ch the easy credulity of tho North renders tiem ready victims, Nine tentha of that people believe thi moment that ene more month will gee tue end of the con. ederacy, The conviction is not contiued to the ignorant plone, but is shared by the most inteili- gont. It isan desp and immovable as was the origival belief of the North that they would aweep over our army At Manassas, and @iaperse tho rebets in sixty days. itis conviction which no disappotmtmont and no defeat will remove. Ita covviction which four years of conira } enemy +n every ag | any oapdidate, avy party, or any election in the enemy }, (weem the shoulders such reerwits ai ‘We accomplish more fer peace th. country can do, Tne South Horrified—The North Rn €reet in Seliing and Branudiag Whit Cake : {from the Richmond Examiner, Oct. 17.) ‘There is one reason, among mauy oibers, why wee ba 4 the Cenfederaie otaics can by no means think any circumstantes whatever, of liviog agai te witb the Yapkee pation—it 19 thatwe bavea con ubuorrence of the @nd sale aud branding white |, like Begrogs or miules. A Bation which wor " CG nut be of | any ; it has got! corn Wad SF techctioy ava eben irendage ase buve wooither = We must really work put our reapecti ideas im our Own seversl ways. 4 hes been the pract'ce for a good while, in the Yar cimps cf instruction, te vrend with o certain mark nd substiluts: as a rejec'ed; bul lately, 60 prevent fraud and checi: the trad* substitules (who desert wilh a view of subsiiuicag aprit tt has been dcemed expedient\tn that country (o brand with another mark or letter, such eubstiintes und recrust ave accry ed; oo that the greater part of Groit's remy We" won cont of branded cattle, A presty sert of had bake Richna nat How ins. comes fw be found neceseary one may eas: comprehcas, if be coveitters the met used | bo quotas It is not long singe (he Buifwo Vaily Onure descr ped thy system pareaed in feattown, N groce, It Seems, ace there cold as rezelitly ve they ev Item nd, mod at but litte iess than the aan orices. inalmest every oifice of “recruiting p brokers”? in Butlulo, the Courter says, conver ke this are of daly occurreat Lat ia the price of a likely young negro, Brower it sf ik at Gent—"Could jou tuemah me with tice or four | “Brom $000 to § OW, accor grvce at avy less prict? praeoes air; tuete ts a demaal toon could you fi rior twenty 3 fil tie GuotwoFonrtwwn at kay $000 ench| eor—We cam't take orders ubead. ‘the price 1s ol up everyday, We eapeot snotber carload, tomorrow next day, and we will sell at the market price,” But the Courier quotes white men, at from “itty one hundred dollars more than negrurs;"” and what the reader think was paid “fore sound Canadiaa” that market, on the very day before tue Courier?s qno Why. “One mau paid seven huedred and sixt five dolturs for a sound Canadian yesterday. The mari ta-tiactuating, but the tendency 18 upwards ‘tho Gao} dia, on veiez sold and delivered, was, of cour bravded, that he might pot steal bimsel’ and thon s hitasol Over aan, Neither ts trade confined to-mon, whetuer white Readers with remember that Sherman, aa be af Ws tiauta, came upon a cotton fact uired young Georgian women and gil were erupioyed, und ‘tout, deciding cotton weaving Georgia to” be contraband of war, be sent t) whole four bundred to the North, Low pap! soop after that eccurreuce, ann ze) were tu taat city and Nashvitle one thousaud {| hundred baatsned women aud guildren in 4 deal ture condition, Of course the cotton weavers a hapives Damished women wore to be support sow; but the Yaukees aro not 4 the sort of people Support aby oue im tdioness, excopt (for the presen ruuuway vegroes So, in Loulsyilie Uieso womea—U sigives, wives, daughters, of Confederate soldters—w wivertised to be hired as servants, ta take the places ut lurRe Bumber Of wEgroes liberated by the milita wuthorities,” aud Whick liberated negroes, says the Lal re now gaiheret to-turge camps thriped out Keo! where tbey are id in itevess al viciousness, st the expense of the loyal taxpayer Tho following notiee wes also pubiished by tae at hes Norror.—Families reaiding in the city or country wixh! esses OF servants cai reas, on Broaaway, ativg On these [ucts the Boston Courier, & old demvcratic paper, voting witb gtrovg censure Upuatural Fevottoa fa human affiirs, says:— Tbue. while the negro women are rotiag and luxartath fecal camps on the bounty of thy koverninent, t drea of the Sout? are arrested at tha 8 prisoners to 4 distaut cvuntry, to | | dicting fact, instead of weakening, ouly intensifies aud confirms. In all that respects slavery, it was long apparent that the abolitionists were lost to Teasou. In all that respects thie confederacy, the North is equally lost to ional jt Tapes boy quectl sriaioiog to" thie u ment upOD ADY question appertaining to war. i bagioniog they Deve per measnres adapted to defeat the objects which they proves. sed to bave in view, Tho 1d on whion they elected Lincoln disclosed at the outset the t ricity minds, those on which they will provabiy re-olect him ‘will be oven moro per. Aeq heed to thoir ao- te and Sie inom os fate career of w! = pursal Meee ena it sola In bondage. Too London Daily Tlegraph bas lately sent @ sp commsstonec?—that 13 correspovdont -to Amer: who ecems surprised, 1u (hat land 0: huiauy (reedom, t0 6 Limeeit m tne midst of am active sive trade, both whi fna black. He exciuima: + Lue radical avolitionixts. Bot: eaviours of New Kogland—sre now buying up kroes rightcad, left {@ the Southern States, apd o1 ming thom iate the foderat armies."’ {10 further mentt that s-there was picked up the ‘other day at the. Avenue Hotel. um New York, a tolegrain addressed to fofluential gentiemsa 10 Chat city, in which the sen expressed bir regret thut he was run out of niggers, wished to know if his correspondent would buy & haodved Indian bat breeds,” All this 18 iudepeudeut of the immense trafic in G inang, ‘risbmen, B-lgiana, Flemings and Freocumen, have to bo imported from beyond sea, Tho #mount wouith realized by speculators iu that trade, when at height—it ta vow bappily dectiniog—must have b rmous, The machivery emp'oyed ia tho shape end factors in foretga cvustries, and the capil od, aud the expedients resorted to (or getting hq ipping them off, leave far ‘Kets and bacracoons of Arriva. oF 10 of she Irieh jud ght it bis duty, in bis cnarge to the’ Gr Jury of Cork county, to potut out this system as inv nuisance, wh ch they in their several neigubur! whould try io sbate There is no doubt that orowas of our young ing thts 'cor that they are indueed to ieave promise of employment in America—but, that suet they arrive the ae voluntertly, some bs t jay of tae write ela hina the thave Ad, xentlermen, uD: Cy ry ‘ory 4 how, Whea they have adopted U course, y have beeu rathlessiy sacriiced. 1 nai veri, for the tath of that allegation, tan answer gtven cenily by the U of Slate for ar ton jues:on prop Hugs in che i ry t food, and plied wi ate of imtoxication, they were prevailed army of the United States, ICT bad nothing mo tat, it would justly my statement, that they wer Une of frau and fore, au themselves agu! will ser¥ing in the Northera army. When saiely landed they are passed from consign to vrokers aud substitute ageots, and by them sold! cwizens; then examived, accepted anc branded, they és much slaves as any black plantation hands ip world. It 1s to be observed that this traflic, however, ca on vader conditions somewhat diferent ft those ef the cld Airicua slave trade: for these sla have to be collected ia the dominions of an enligit Cartan cove. eign, who will vot actually take m0a Jess rum, beads and tobacco for her aubjecis, raets for ther eule and de ivery. Thor re cecavion for Mnesae, for diplomacy, or let us pistuly, fur Hee; and bere tho Yapkee « ai heme, and Whips creation. Such at oor cu the part of tye I ritieb goverum trode only give oecaston Yor diepiay Dizhest qualities, in bauting and ev adi For example, the go © Ireluud Incety ta @evcivg emizravts, ia which the thinga: tite & potico to say, among ot rp Do Net accept tavitations from strang not ta get Urning, or in al Hr OW ROOnS He vi p ee michol t erly bu, Precantions indeed, to dofeat a Yankee sii trader, bent oa ‘vounty guinping” and substitute b pa! Such, then, is the nature of the procerdings which chosen nation hag felt to be necosss:¥ for the aco: up: ts grand mies to give tho valy hope uf f focernment for mankind.” But we approbend that Rl mond will scarcely be t*ken by ancrmy of brani slaves, The Dem antion of the Reb wal.s. frrom the Richmond Ex miner, Oct. 19.) At leat every one «eames to be aware that we nave ut cavalry, propery 9 called, in ope urmies, hat even taking Our raomMLed troops as “ight cavalry Cc nts bad | drageous or mounted infantry, tvere ts very much necd| belore they cra become at all officien!, fhey w: fn catirely now organization; thoy waut di and disetpiine; they wart artus both eflicrent and wetiort Lov want, and this is the most oriwous wun! of ali, g ia A ate bk wh Ser a a Woops haVe God very Guumiuse suid Gervi'® aa Bosses, op Ogoters ju bar-geing tue rai dx! Hong. Ttwould be still mote unjust t ts any lack of personal gatiant ih or man; ta truth, it is their eh braves: up Yonked sfmy, which has enablod thom up to this tine compensalt spe vory great disudvanteges they libor dor, and ofted {0 Tout greatty sunerior forcoe of w mounted aud enperbly ged aud © \nippad bor But i will nl do co trud & tar» a th Kiaving of the war cor onowies at iid no cataley fe ADT pe hero e ver: Forving the name, and the tounted be "8 could pot presto: Men upon auy field. But @ wath tne bliekguard shor! With trath, (bat he bhougiet f one duy on hie march, Must “to gectio the new (Gon! fale) cavalry ggoueral,’ and acted him | acco Jongh Those” squadrons of c1ory bends, ai Preachers, and half varveircus Dutch at Inia clodhoppere,’ wbet of whow were never the top of a borae till they became sonilore, have learm to ride, have been dried io cava evolttions, aro with seven shout sancer Fife#, Tevoivers aad Bude apd baye been go divciplived that they do mot ihre away those arma, but wee them with efiect, as chivatrous cavaliers haves lately hed uve cece to confess, ‘Our whole cavalry service Was braved originally upom falao idom, the wdet was tat Sowhera maweeey, acri fomed fy childhood to Fe saat end lo arm, and havin gong Viryinia horses unier them, mur! gecesstrily ris everything the Yaniers cowl get wp in the shops over hoysemen. The popylar iienl of & oxvelry teader w ‘Ashby, and after him Start; gailant’ qe. tiormen wituo aonbt, made Orilliant chergoy Mewinst all odds, aq whee daring often Inopired tue. soldiers to Tagore thaw jut the Yauk@os Ave a pimetion! acute race of people. Thay \idied the Crgunization a that in movernrne 1M oraered nyate, wiih wr} and range, 1 the hands of mem trained 'o their use, ‘trath fa. ‘that in caval:y op well a9 to counts for not!