The New York Herald Newspaper, October 22, 1865, Page 2

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— FINANCIAL AND COMMERCIAL. Saruapay, Oct. 21-6 P. M. ‘The of distrust which prevails with regard to the money market operates in favor of the bears on the ‘Stock Exchange; but in view of the present high rate of interest a large amount of capital must be already mak- ing its way towards this point, while the active disburse- ments of the Sub-Treasury must te materially to place the banks in an easy position. The disbursements on account of the temporary loan to-day aggregated $1,368,000, of which $365,000 was in redemption of Clearing House certificates, making a total of $10,555,000 since and inclusive of the 6th inst, The last news from England has made bidders somewhat apprehensive of an unfavorable turn in financial and commercial affairs which would react upon the markets here; but there is nothing in the recent conservative action of the Bank of England to warrant such fears. Moreover, the further advance of the bank rate would naturally tend, if it exerted any material influence whatever upon the money market here, to releaso funds now employed in the cotton and produce speculations by lowering prices and stimulating exports in some degree. But the proba- Dilities are opposed to any further advance in the bank rate, or toany important®effect upon prices resulting from the advance which has already taken place. The bears on the Stock Exchange are responsible for much of the monetary ‘disturbance and fall of prices in Wall street. They have left no effort untried to create strin- gency, disturb confidence and compel sacrifices, The banks are strengthening their position by refusing factli- ties ¢o all but first class borrowers upon wide margins, and private houses and individuals are doing likewise in view of possible contingencies. This results, in the aggregate, in @ large amount of currency being withdrawn from active use and held in the form of reserves, The next European news, which is the bugbear of the m@ment, will likely exert some influence in restoring confidence, and conso- quently in saving the money market; for there is money enough here to meet the wants of borrowers if the holders of it wero willing to lend it where it is wanted. ‘The market has been generally reported easier than yos- terday at seven per cent, and tho disbursements of the Sub-Treasury next week ought to make the supply equal to thedemand at the legal rato of interest. At the first open board the stock market was dull but steady, and at the regular board it declined a fraction. New York Central closed 34 lower than at the second board yesterday, Erie %, Reading %, Michigan Southern 144, Illinois Central 1, Northwestern 3, preferred 3, Fort Wayne 4, Prairie du Chien 1, Ohio and Mississippi certificates 34. Hudson River was 13g higher, Cleve- land and Pittsburg 4, Cumberland %. Rock Island was unchanged. Government securities were heavy, Cou- pon five-twenties declined 34; seven-thirty notes, first series, 4. At the open board at one o'clock the market was firmer, and a general improvement in quotations took place. New York Central closed on the call at 9534, Erie 8634 a 85%, Reading 113%, Michigan Southern 68%, Illi- nois Central 1303, Cleveland and Pittsburg 73%, Cleve- land and Toledo 10034, Rock Island 106, Northwestern 29%, preforred 625, Fort Wayne 96, Prairie du Chien 56, Cumberland 41, Canton 39, Quicksilver 48. Afterwards, on the street, the market was firm, New York Central and Cleveland and Pittsburg being the strongest stocks on the list. At five P. M. New York Central was quoted at 95%; a 34, Erie 8534 a 34, North- western 2934 a %, Reading 1131; a 3. Potroleum was moderately active, but irregular, at the first board. Pithole Creek closed 20c. lower than at the same tine yesterday, selling at $6 35; Mononguhola and Kan’ 10c., selling at $1 60; Rynd Farm &c., selling at 85c. Benhehoff Run was $1 30 higher, selling at $14 50; Bradley 5c., selling at $1 05; United States 25c., selling ‘at $28 60. Webster closed at 97c., Buchanan Farm 79°., Excelsior T4c., Germania 35c., Heydrick Bros. $1 04; McKinley $2 70, First National 61c., Oil Creek $1 35. Fhe gold market opened firm at 14634, and remained at that point till noon, when it suddenly declined under a supposed government sale to 145%, after which it quickly rebounded to its former figure, at which it stood at the close of business. The export of specie for the day was $253,800, of which the Bremen took $80,700, the Louisi- ana $40,000 and the City of London $133,100. ‘The fiuctdations in the prices of securities on the New York Stock Exchange during and since the late war have eon dnexampled in the history of stockjobbing. These havo not been owing to tho mutations of opinion conse- quent upon important changes in the political or financial aspect of affairs so much as to the spirit of gambling which may be said to be innate in the human mind, and which has attained a high state of development in Wall street. The ridiculous enthusiasm with which stocks are run up one week, and the equally ridiculous manner in which they are rushed down the next, are calculated to make the world regard our Stock Exchange in the light of a collection of thimbleriggers, cheats and conspirators, and to weaken faith in the legitimacy of all quotations emanating from that quarter, The fact is that, although & good deal of legitimate business is done on the Stock Exchange, by far the larger portion par- takes of the character of the worst form of gambling. Brokers form combinations to put the mar- kot up or down, Shtirely regardless of real values, and they frame their plans in the way they consider best cal culated to ontrap the unwary outsiders and fleece the brokers on the opposite side. There was no more cause for the late rise in stocks than thero was for the present rapid decline, and the arguments used on both sides were almost equally fallacious. It is true that monetary strin- gency acted in some degree upon prices; but this strin- gency was aggravated by fictitious influences, influential bears having withdrawn as much currency as possible from the street in order to embarrass the hulls. Then the bears, most of whom were previously bulls, pitched upon the market recklessly, and argued just as fervently in favor of a fall as they, when bulls, had argued in favor of a rise. This unprincipled extravagance of speculation in Wall street is a public guisance and injury, and it 1s the duty of every public Journal tovopposo the violent fluctuations which are pe- riodically enginoered by speculators, and which, to some extont, affect all the holders of securities throughout the country, and to contribute to the overthrow of every powerful bull or bear combination that makes its appear- ‘ance in the market, Many of the promoters of the pre- fent fall in stocks will, after “bottom” is touched, turn ‘about and operate fora rise; but it would be a good thing if the outside public left the market severely alone when- ever the brokers and professional speculators relied upon their assistance. As it is, they generally fall ready dupes ‘to the wiles and snares of the unscrupulous cormorants ‘who throw discredit upon the reputation of Wail street, and the old story in likely to be repeated ad infinitum. But tho duty of the newspapers is to oppose the whole- sale pillage perpetrated by speculative combinations, and to use its influence against every excessive rise or fall; fin fact, against every disturbance of the equilibrium of tho market. ‘Tho importations of dry goods at this port during the ‘wook ending October 19 compare as follows with those of the previous week :— Manufactures of woot .734 $1,161,000 2,034 $846,460 Manufactures of cotton.1,788 535,258 1,866 619,016 Manufactures of silk.... 690,936 536 = 637,684 961,206 1,713 431,157 Bt 300 123,350 827 260 «6 $68,963 15,789 | 96 32,315, 37,679 291,490 49,133 265 078 W41t 1% 16,074 Total. ..cceseee ceveee $109,845 723 $223,407 Warehoused, Manufactures of wool... $290,138 736 $347,480 ufactures of cotton.. 40,572 411 164,480 vafactures of silk. 83,969 166 986 Manufactures of flax. Misoetlancous. ‘Thore are now but nine banks in Massachusetts, all out @f Boston, retaining their State charters. The following figures show their average condition for four weeks end- ‘ats 9 ES HE 198,205 “1, 41,390 nz Pd 19,979 0449S, 6 x wis at abalone ans wiih ara aha Tho earnings of the Great Western Railway, of Canada, during the week ending October 13, amounted to $91,329, ‘whiob is an increase over the receipts for the correspond. fog time in 1864 of $32,031. \ There is considerable excitement im Athens county, Gio, caved by the Anging of oft in paying quantities ‘near the town of Athens, on the line of the Marietta Railroad, ‘The new well, which is less than one hundred fect deop, is producing, with imperfect machinery, twenty barrels per day. ‘The following table stiows tho oxtrome regular board prices of leading stocks from the end of 1800 to the be- ginning of 1865:— The following statement exhibits the September earn- ings of the Pittsburg, Fort Wayne and Chicago Railroad at Chicago on the 7th inst., as compared with the amount in store on the same date last yoar:— + 812,428 ‘The following table shows the recolpts and shipments of flour and grain at Chicago from January 1 to October 7 for four yoars:— PTs. 1862, 1863. 1864. 1865. Flour, bbls, 1,842,141 1,443,042 839,848 + 903,020 ‘Wheat,bu.10,672,408 8,619,414 8,490,841 7,058,830 Corn, 26,774,064 24,831,472 12'240,063 22,534,007 '91024,485 6,648,580 10,201,748 9,053,474 875,554 664.056 900,923 897,737 619,175 816,995 605,699 + 902,786 Smrmests, 1862. 1863. 1864, 1865. Flour, bbls. 1,201,176 1,266,571 970,951 760,963, Wheat, bu.10,722,108 7,319,886 8,797,243 5,118,132 Corn. 25,220,466 23,634,074 11,052, 1908, 569 580,860 5,914,730 10,760,007 7,711,481 715,918 480,166 + 602,581 199 167,574 540,163 174,389 161,212 ‘A despatch from San Francisco, dated the 14th inst., quotes mining stocks, at the brokers’ board in that city, as follows:— Stock Exchange. Satugpay, Oct. 21—10:30 A. M. $5000 US6's,1881,cou 106% 200 shs Eri 8536 14000 US6's5-20c,eNc 10334 200 5000 dO ....4+4. 103% 7000 = do. .2d call 103 82 1000 Tr no,7 3-10,f 8 oi 100 do......810 82 12000 do. . 3g 150 Hudson RiverRR 105 30000 = da. 2tseries 973g 100 do.2d ¢ b10 105 1500 do.3d series 97 100 5 b1O 104: 0 33600 US6's,1yc,n is ied 10000 Tennessee 6's 3000 Virginia 6' 2000 Missouri 10000 do... 50000 Ohio &Miss cor 10000 do......... | 26 1000 N ¥ Con7's,'76 100 10000 Miss & Molgb 49 10000 P, FtW&C3dm 85 2000 A&GW1n Odiv 96 40 shs Bk Commerce 108 10 Grocers’ Bank... 115 7 call NW pref 62 “sense RRS: do... 10 West Union Tel... 400 N Y Central RR. do. bi 100 Alton & TH RR. 50 Macon & W RR. The Park. BOREAS OUT ON A SPREE, AND WHAT ME DID. Old Boreas held high carnival in the Park yesterday. Ho conjugated all, the moods and tonses of windy nature, at times rolling along with the speed and fury of a tornado, and singing with a volume of sound which sur- passed all the organs in creation—tho one of which Bostonians are so proud included. Then be would whistle his favorite tune, popularly supposed to be “over the hills and far away,” with flute-like softness, He whirled dead leaves aloft, and trees tossed their arn about with frantic energy booy ony swept, = c them. In strong, steady guste or spasmodic, eddying puffs he came and went, All efforts to define his movements were in vain. Sometimes straight sometimes in circles, and oftener from every the compass at once. No place so sheltered but he could ene = er on i I ym his presence. He had a real be hod the iow rosy red int o! Chess blushed Fine toilets were sadly criminate freedom. The efforts of their fair ng to cach an oxtra suit of clothes. ¢ wind dashed in through he bare of thelr cages, or oe eee the asaajling thom on all sides, front, flanks and rear, with a inacity and dash equal to the best efforts of Sheri- dan’a cavalry, But the wind swopt in and out, totally ignoring the discomfort and angry growls his presence ‘At the orchestra the wind also took great liberties. He snatched up scraps of music and carried them off to re- gale the citizens of Westchester county and other distant points. He with unprinel under false pretences, Miles my of choies tunes, and distributed productions 1 ves oe Sek, 8 wendy, Dole ous day, and one to be as mach summer's day, It gave health and amusement to all; and those for whom a strong, bracing, windy day has no terrors should choose such « one on which to visit the Park. _——$—<$—————— Our American Cousin Again. CASE POSTPONED UNTIL TO-MORROW—MRS, CHAPMAN'S VERSION OF THE OWNERSHIP. SUPERIOR COURT—CRAMBERA, Bofore Judge Monell. Laura Keene vs. Stuart and Clarke,—Parsoant to ad- journment the disputed proprietors:ip of “Our Ameri- £0 Cousin’ was again before the Superior Court yoator- day morning, but after a very brief argument was post- owed until to-morrow, In con-equence of the abeenes of Judge Monerief, befor: whom all the ay $4 ceedings and arguments had been held. 1e new he are affidavits of Mra, Martha Chap. . Stuart avd Clarke, Mra, swears in her affidavit that during the lifetime of Mr. Joshua Silsbee, her former husband, Mr. Webster, f the Theatre Royal, Adelphi, 1), London, deh. to Mr. Silsbee the »anuscrip of “Our \merican Cousin’ i. pirt satisfaction of a sustained by the Jaticr in (OMS quence of a sudden termination o| an en- Mr. ‘ebster purchased the piece from Taylor for thirty pow and that when ir ee. bee received the manuscript he made the remark that the y was already half his own. On the death of M.S. the pl became the property of his widow, and she, fora sufficient consideration, granted to Wheatley and Clarke the right to produce it, resorving to her of the ownership of the piece, subject only to this licens. ‘The facts set forth in the affidavits of Wheatley and Clarke develop no new feature. THE gageinent he was under to perform at that theatre, Chapman also states that W AFFAIRS IN EUROPE. Our London, Paris and Florence Correspondence. Life, Death and Burial of a Parisian Don Juan. FRENCH VICTIMS TO THE REBEL LOAN. Important Disclosures in Mexi- can Affairs. Stir Among the United States Diplomatists Abroad. ke ke. ae Our London Correspondence. Lowpor, Oct. 6, 1865, ~ Brench Victims of the Rebel Loan—Ilt Health and Immi- nent Retirement of Lord Palmerston—Strange and Im- portant Disclosures on Mexican Matters, dc. If the lists of English subscribers are curious, those of the French will be much more so, and also, perhaps, much more instructive. Names there, high indted among the mushroom aristocracy, and not unknown at the Court of the Tuileries, will not be wanting. It is understood that many of the parties here who have lost their all by the rebel cotton loan intend prosecuting the Erlangers, of Paris, and Messrs. Schroder, of London It may bo expected that, under the pressure of the Court of Chancery, some curious revelations will be wrung out of tho latter in England, and there can be no doubt that, in spite of court protection, the same, under the action of the courts of justice, will take place in the case of the former in Paris. Neither Messra, Erlanger nor Messrs. Schroder can feel very comfortable at this moment. Another individual who must feel, to use a slang expres- sion, that he is in a very tight place, is Captain, latterly Major, Caleb Huse, of the rebel army, who, as you will remember, deserted the United States navy to join the rebel cause. The gentleman in question has, during the time of the rebellion, in England, France and Austria, been one of the most active agents of the rebel govern- ment, though it cannot, I fear, be said that ho was either an honest or a disinterested one. He issued hundreds of thousands of cotton bonds. It will be interesting to see what account he will render of his stewardship. There was along with Captain Huse a gentleman named Leon, whom you will, perhaps, remember as Consul General of the United States in Egypt. Both these gentlemen worked together, and both have equally well feathered their nests. They may, perhaps, however, be forced to disgorge, and such {s the most general aspiration with re- Psp to them on this side of the Atlantic. They are said to both now suing for pardon at Washington. ‘They aro quite ready, I should suppose, to take any oath at any time, and always have been so, as far asIcan learn. It is reported they are of Aaron’s opinion, and, if I mistake per it was he who instituted the worship of the golden calf, Lord Palmerston is far from well. He is suffering from a disease of the bladder, which has led his medical advisers to forbid his taking further exercise on horse- back. Such a prohibition js likely to prove the death warrant to one who has, always been in the habit of en- joying it. Nature with his lordship is quite exhausted, ‘and it is generally understood that he must soon retire from public lite. His lordship’s successors aro to bo looked for from among the following list of those who are waiting for his post:—Mr. Gladstone, Earl Russell and Earl Granville. The latter is almost sure to succeed if the sorvility of the Times in its fulsome adulation be any indication of the way the wind is blowing. I wish it could be said with any regard to truth that he was the most suitable. T have a curious piece of news, for the truth of which Ican vouch. The Emperor Maximilian, on his visit to “the Tuileries last year, previous to his setting out for Mexico, made a ireaty with the Emperor Napoleon, which, from its peculiar bearing on Amorican politics and the opposition it displays to the principles which have ever regulated the policy of the United States gov- ernment, is well worthy of being brought before the notice of the public. The gist of the treaty lies in the following two phrases, which I haye transcribed almost literally :—‘The Emperor of the French binds himself to maintain the Emperor Maximilian on the throne of Mexico, and to defend him against all foreign foes and all foreign attacks whatsoever.” The Emperor Maxi- milian on his part agrees ‘That he (the Emperor Maximi- lian) binds himself, and through himself the Empire of Mexico, to the following conditions :—That tp the event of his (the Emperor Maximilian’s) dying without issue (a most probable occurrence), or in the event of his (the sm peror Maximilian’s) at cating or leaving Mexico, Mexico Is to become a French colony, and to be handed over to the French government.” The above is akey to all the French movements in Mexico. It fully uccounts for the expenses that France has becn at in Mexico, the great amount of both money and blood which France has spent for what would other- wise seem # most futile object. Already in Mexico the greater number of ministers and officials are either French or in the interest of France. The head of the polico was for along time one of the secret guard of Napoleon at the Tuileries., The new Mexican bank at present being Drought out by Comptoir d’Escomptes at Paria is to have extraordinary and exclusive powers, It is to collect the entire revenile, and isto have the management of the mint, the proflis of which it is to pocket. A sop is thus thrown to the French people to make them forget what they are paying to maintain Maximilian on his tottering throne. On the other hand, France is making up a long account against Mexico in the shape of a debt for the sums she is now laying out to enslave her, in order that this debt may afford a fair pretext in the eyes of the world for seizing the Mexican territory. For all the above I can vouch. I may further add that the Emperor Napoleon has carried on the whole negotia- tions with the greatest secrecy, keeping almost all his ministers in the dark concerning it, and that it is only lately some of them gct notice of its’ exisience from an overheard conversation of his Majesty. Our Paris Correspondence. Panis, Sept. 20, 1865. Funeral of the Duke de Gramont Caderousse—TheEnd of @ Fost Young Man—His Mode of Life and Spicy Ad- ventures—The Countess Guiccioli’s Memoirs of Byron— Fagnani, the eArtidt—New Ministers—Removal of the Legstion—Cholera—The Davenports, do. The roi de bon viveurs, the leader, and guide, and pro- phet, and apostle of the jeunesse dorée of Paris, the Duke de Gramont-Caderousse, was buried on the 28th inst, with great pomp, after a magnificent funeral service in the church of the Madclaine, whose walls, both inside and out, were heavily huag with black and studded hero and there with the ducal coronet and the arms of Caderousse, At the early ago of thirty-one this gen- tleman, of noble name and fortune, whose pranks and follies have formed one of the leading topics in the scandal and gossip loving world of Paris, has gono to his long home. He died on the 26th inst. at his residence in the Boulevard Malesherbes, tn the presence of*his friend, the Marquis de Gallifet, and one of those ministering angels, a Sister of Charity, who closed his eyes to this outer world when its shadows had fled from his vision, Tho young scapegrace made « good onding of it, A few days before bis death he devoutly received tho last sacraments from the curé of the church in his parish, and, it is to be hoped, repented all his follies and has gone to heaven. It will boa long time, if over, be- fore this gay world of Paris produces anotber such » maa, The Duke de Gramont-Caderousse was the second son of Charles de Gramont, Duke of Cadcrousse, and Laura Helene Paulze d’Ivoy. His elder brother, who was at- tached to the American legation, was lost in tho ill-fated Arctic, and the lato Duke assumed his title and camo into possession of a fortune yielding an income of one hundred and fifty thousand francs a year, in 1854. From that time till within a month of his death he maintained in the salons of the Jockey Club, or the furnished and brilliantly lighted rooms of which lod to the trial and imprisonment of the latter, ‘Whenever there was @ race at the Bois de Boulogne or Chantilly, or a steeple chase at La Marche, there was the Duke de Gramont. He was very fond of riding steeple chases himself, and two years ago 1 saw him thrown | from his horse into the dirty ditch mt La Marcho as ho “was trying to leap it. Whenever there was a duel in the world of those gay youths who formed the circle in which he moved aking, the Duke was sure to be in some way mixed up with it, He, duri m years of fast life, ht no Jess than seven duels, in one case killing hie advorsary, a poor Ce man named Dil. Jon, one of the editors the ie who had a wife and family of litte children nding upon his oxertions for their = brea The Duke left Paris for Belgium immediately after thie affair, but being indicted returned to Paris and stood a trial. The evidence proving that the duel had been con- ducted on ‘fair and honorable principles,” the Duke was uitted; but, in accordance with thit rigid sonse of right and” juatice with which Inw seems to be adminis. tered in France, the court required him to pay a good round sum to the widow of the man whom he had killed for saying gomething in ‘he manner ia Felecs rl z 3 5 st g ‘| E E H ae 3 z is & 1 he has no relatives living, hia title expiring with him) to his physician, with the exception of fifty thousand francs ‘to anothor per- son,'’ who is said not to be of the male gender. 0 funeral services at the Madelaine were largely attended, though but few followed the remains of the young Duke to their last resting place. Funel “glow” affairs with@he gay and tfeughtless crowd who made his circle. If¥ not allowable hore for women to attend funerals, or doubtless many of these more tender hearted mourners would have joined the sad cortego. As it moved off I noticed a pretty young girl, who looked as though sh@ might have been a drees or bonnet maker, Perms oo the steps of the Madelaine, her eyes follow- ing the hearse, filled with tears. I know there was a Jong, doubtless a sad history in this little episode; but this sort of thing is of daily occurrence in Paris, and wo become accustomed and hardened to it, The long promised “Memoirs of Lord Byron’’ by the Countess Guiccioli (now the ise de Boissy) are in the hands of the printers, and will shortly be published by Amyot, of Paris. Witha delicacy which does her fredit, the Marquise de Boissy abstained from publish- ing this work during the life of Lady Byron. Some thirty original letters from Lord Byron will be embraced in the book. Fagnami, the artist, comes to New York to settle per- man‘ntly next month. The National Gallery in London has just purchased his picture of Mr. Cobden: Mr. Harrington, late Assistant Secretary of ‘the Treas- ury, and recently appointed. United States Minister to Switzerland, in place of Mr. Fogg, arrived in Paris yes- terday, and will proceed immediately to his post. “Mr. Pike, at the Hague (one of the numerous appointees from the Tribune oflice), ‘smelling the wind afar off,” has sent in his resignation, and there is a general feoling of shaktness among the diplomatic and ccnsular corps in uLOpe. ‘ The American legation in Paris has removed to No. 13 Rue du Centre, a very eligible and convenient location. A death from cholera took place in Paris on the 28th inst. It was, however, in the case of a lady who had brought the disease with her from Marseilles. The Davenports have found that their exclusive séances at thirty francs a head do not payin Paris, and they have returned to their public assemblics at ten francs a head. These, however, are not particularly su ; and most of the Paris journals speak of the Brothers in the most derogatory terms ag impudent jugglers and impostors. It is said that they are about bringing a suit against M. Duchemin, the gentleman who, on the first evening of their exhib:tion, broke open their cabinet and madea disturbance by which they were compelled to return tho entrance money. If they do this we shall probably have a second series of Colchester developments in Paris, It is probable, however, that their statement to this effect is amore advertising dodge, and that they will nares. ager the searching investigation of a French tribu Our Florence Correspondence. Frorence, Sept. 26, 1865. ‘The Attitude of Naly with Regard to Aus'ria and Prus- Recognition of the Kingdom of Maly by Austria—Diplo- matic Strategy of M. de Bismark—Increase of the Aus- trian Military Force in Venetia—Hostile Operations Imminent—Amenities Between Lowis Napoleon and the Queen of Spain at Biarrite—Movements of Victor Emanuel, dc. As you know well already, before acceding to the claims of her rival, Austria, boing unable to put a stop to the encroachments of Prussia unaided, made ap- plication to all the Cabinets of Europe for support. The endorsement of her policy by one Power alone would have experienced at sufficed to avoid the humiliation Gastein and Salzburg, a9 is shown by tho proposed political armistice with Italy which was sought to be effected through the agency of France. Consequently the Gastein Con- vention is well understood in Italy, and when the Morn- ing Pst announced that Austria had secretly received an assurance of active support from Prussia in the event of the possessions of the former Power becoming en- dangered, the statement was universally credited, with- out calculating whether it might be simply an editorial opinion or a fact drawn from reliable official sources, The reliability of the engagements entered into by Prussia should a revolution break out or the Quadrilateral be at- tacked is a question which must be left to the future for solution; but Italy must perceive that the Gastein Convention was not favorable to Italian unity. This should bring all the parties in Italy into close commu- nion, with one object in view, 80 as to put an end to the miserable conflicts of personal interest, especially that we are now on the eve of a new political life. ‘The north of Europe has ever favored the idea of a second edition of the Holy Alliance, and the Cabinets of St. Petersburg, Borlin and Vienna look back yearningly to 1816. Prussia is gaming a firmer position on the Baltic, which, after having been hitherto under Russian control, may thus ultimately becomo a Prussian sea. But why does Russia quietly allow this important key to the North to fall into the hands of a first class Power? Would not Prussia act as a sentinel to Russia against England in the event of an English invasion, should England inter. vene in a Muscovite invasion of the banks of the Bospho- rus? The of the ‘That i tion against the existence of the kingdom of Italy is cetera, Remain te e o in on by ificance, That so colossal a Power a 4 & vik ue iy | i +} ile HF H gE i ] i it i ef aif i i i i i f i ee He ee i i i ik ia judging from these that Ital; should keep strict wateh upon both and Venice, use it is not impossible that the with- drawal of the French forces may be the signal foran advance of the Austrian battalions, . The Grand Duke of Baden and Grand made a visit to Paris a fow dage sii ‘ostensibly to the imperial family, but in reality, # is ol ‘on matters regarding the Germanic Cont the Gastein Convention. They maintained the strictest incognito during their stay, Louis —_. course at Biarritz ts absurd and dis- gusting. The display of affection made by both the Em- Queen [sabella ead bor hus- } poror aad Empress toward ii adit i i i r 3 ste it i : | 3 u ae | pat lege—Reduction of the Ralian Army, éc., dc. ‘The new Minister of the Interior, Signor Natoli, is un- doubtedly the chief member of the Italian Cabinet, for he isthe first statesman since the death of tho illustri- ous Cavour who has enjoyed popularity. Natoli accepted the Department of the Interior there wore some who doubted whether his abilities. could produce as successful results as.those secured by him while at the head of the Department of Public Instruction, a higher order of talent and more arduous labor being requisite in the former department of the government, Signor Natoli has issued two documents from his de. partment which have won universal favor, One of these, issued while he was Minister of Public Instruction, is a statistical statement of the various educational religious orders, preceded by an able introduction, in which is an- nounced a firm determination to abolish all these orders and to secularize education altogether. The other docu- ment is a circular, addressed as Minister of the Interior to the various prefects or mayors throughout the king- dom, in which is stated the intention of the government to maintain strict impartiality in the approaching elec- tions. It is moreover a complete programme of external and domestic policy. Some two months since the entire press urged the Cabinet to trace an outline of its policy and intentions, to serve as a guide to voters; but a ministry that has ex- isted for over a year does not need, it would appear, to publish its programme. Its actions speak loud cnough and should constitute the best test of its worth. The news of the abrupt withdrawal of Signor Lanza frem the Cabinet was generally received with astonishment and displeasure; but it would have created greater displeas- ure, and would also have been dangerous, had it been sought to fill the vacancy by any person belonging to one or the otber political group, and not ac- quainted with those who at present compose the Cabinet, whatever might have been his rank and however highly esteemed. This danger was, how- ever, fortunately avoided, and the Cabinct was recom- posed and inwardly strengthened. ‘Those partisans who expected to return to power by an indirect course were deceived. This will explain the sarcasms and doubts attending Signor Natoli’s change of portfolio. As two departments had to be placed under one minis- ter, the choice made in the Cabinet was excellent; for the man selected is the most active, intelligent and hard working, and the most popular of all, after Signor Lanza; and Signor Lanza’s popularity is not mere froth an empty sound, but a just and enviablo popularity, acquired by liberal and progressive acts, and not by pandering to the passions of tho masses. Two months since the main topic of tho Cabinet dis- cussions was the nozotiations with Rome, but since then the first payment of the newly imposed taxes has been made, and the question of taxation—the financial ques- tion, both as royards the State and taxpayers—has over- shadowed all others. The dissatisfaction with the new taxes might be brought to exercise a fatal influence on the approaching elections; consequently an explanation from the government became necessary, and, more than this, there was need of a distinct assurance that all errors and unjust estimates should be corrected. ‘The first portion of tho ministerial Pip. roy is con- fined to generalities, expressive of desire that the country should be represented in the Chamber of Depu- ties by sterling, impartial and zealous men. But the public are not satisfied with such non-committal mani- festoes, filled with vague allusions and high sounding phrases, They wish to learn which candidates the gov- ernment endorses and which it opposes, The point rela- tive to the taxes will doubtless luce a most favorable impression ore the country. is will prove disastrous to the clerical party, which will no longer be able to put forth exaggerated statements of the amount. and unjust distribution of taxation; for the government admits that it has erred, and promises to make spesdy corrections in a manner that will prove entirely satisfactory to the bic, Peto’ income tax is to be divided acconting to quotas, The tax upon revenue stamps ies 4 i in tration of documenta will also be modi connection with these concessions there is also ® very transparent allusion to new taxes. Perhaps the government refers to the tax upon genic hs of which so much has been said of late, gnd which, itself alone, would suffice to destroy the effect pro- duced by the alleviations mention The vague wording of the circular shows that the govern- ment not anxious to place the new Legis- lature in the embarrassing alternative of a shock to financial equilibrium or the imposition of an odious tax, but rather to bring forward a series of propo- sitions for option. The opponents of the complete con- fiscation of the pfoporty of the clergy will be glad to hear that that portion of this riy which, it was stated by the Dress, would be applied to the benefit of the Department of Public Instruction is not to be devoted to any but its past object. Sleily especially will benefit this, asa portion of the income from the property be devoted to works of public utility; and even among the clergy the great majority are already becoming re- coneiled to a law which proposes to supply their wants and alleviate their sufteru The circular is silent, howover, with regard to tho Franco Italian Convention held in September, and also as to Venice, With to Venice the circular, although intended solely for Italians, cannot but be read and commented upon abroad; consequently a certain amount of reserve 1s necessary ; but when the country is appealed to, to give strength and encouragement to. th task of redeeming the unity of Italy, the Venetian qt tion is obviously alluded to. Again, nothing but the temporal power of the Pope is meant by the oxprossed intention to labor actively and persevering! “complete segregation Political and reli terests""—a phrase more and acceptable than Cavour's—Li chiea in ro Stato—a free church in a free State, . i. as adelogate to the First Should the eiec- 's glection of Turin is ox; favor, as I the other ed. On Ieaveayne he epidemic on bourd toy fect Anand friends and neighbors, The Bod st ies James III. of Scotland Discove Reintered. {From the Dundee Advertiser, ) By command of her Majesty the Queen, an elegant tomb or monumental structure has been erected on the vot of around oer Stigling, where STOCKHOLDERS OF THE Company will be at pany will be held 41 Wall street (Jaur court), atSiC'P. My for the election of oflocrs aa — tua Borer esane UTLE!} B. LA E. L. WATSON, ____Andotnort telder i nl comping, FP SALE—SIX THOUBAND DOLLARS ALLEGHANT ining Company's Coupon Bonds. ae IN & CO., 19 New street. ‘RS OF SAN FRANCISCO BONDS KNOWN OTR ERthool Honds of 1804" are hereby notined said bonds will be redeemed in United States gold coim office atmaturity, Né 18665, Tn! Seen ei Sa St tat wistege 8 LEES ee ‘3S Pino street. New Youn, September 26, oo J, CISCO & SON, . NKER! rng SETHE ARTES irae i MAKE COLLECTION Purchase and sell Government and other nities om eam Jon, fe A Ne eee pone, interest. nt the rate of four per cen oC on daly balances which'may be drawn at any tlme oe eeaaring interes parable on demand, ng interest, payable 8 Interesh PIRTIN J, Cis0O: Late of United states Prensury in Now ¥ JOUN ASHFIELD ©! ‘OHN B. MURRAY, BANKER, 23 WALL STREET— 7 8-10 Notes. 5-20 Bonds and other government Securie tles alwayson hand. American and Foreign Coln bought and sold. Albany, Ulster, Greene, Monroe, Onondaga and other county Bonds wanted. Orders promptly attended te, AND WARRANTS AND COLLEGE LAND SORIP purchased and for sale by ©. & G. WOODMAN, Ne. @ ‘Wall street, 4 ORTH AMERICAN LLOYD.—THE NEW STEAM line between New York and Bremen.—Workins $1,000,000, in 10,000 shares of $100 each. Subscri shares, singly or in lots, received, and prospect nished at the office of the undersigned every day betweem the hours of 10.4. M. and 4P. M. RUGER BROTHERS, 45 Beaver street. FFICE OF THE THIRD AVENUE RAILROAD COM- pany, Third avenue, between Sixty-fifth and Sixty-sixtie streets, New York, October 12, 1865.—The annual mocling at the stockholders of this company for the election of thirteem directors and three inspectors of e'ection, will be held af this ofice, on Wednosday, November 8 1866... The polls, will be open from 2 unt!l4 1. M. |The transfer books will be closed until November 9, 1865. "SAMUEL B. ISAACS, Secretary. OUTHERN BANK NOTES, BONDS, NORTH CAR@. Suna and Tennessee Coupons, North Carolina Pleyd Bonds wanted by SCRANTON & MAGUIRE, 48 E: place, office 18. HE COUPONS OF THE MORRIS AND ESSEX RAIL. road Company's Bonds, due Ist proximo, will be paid a& the Merchants’ National Bank, New York. Parties. ten or more coupons would facliitate the payment by ing the same to the bank one week prior to that date. ISAAC VAN WAGENEN, Treasurer. ICKSBURG, SHREVEPORT AND TEXAS RAILROAD Bonds wanted, by SCRANTON & MAGUIRE, 43 Bx- change place, office i8. ‘ANTE! TO INVEST IN MANUFA W. of Rina tetpontina and rosin in Georgia, mor ‘on feal estate, or an interest in the profits gie~ 2 ert fe este hove of 10 und’S 00 As La” WHR, 27 Nawsati street, ANTED TO BORROW—$15,000, ON IMPROVED AN® incumbered rty in Richmond, Va,; best New York references giver “Radveas tmmodiatoly 8, W. Ou, Hes TO LOAN ON REAL ESTATE @& $45.000 RSE ee See for fer. __ COPARTNERSHIPS. PARTNER WANTED—WITH FROM $300 TO 9008, In an out door business; can see your capital night, and make from $5 to $7 every day, None but mon need apply, A single man preferred. Inquire at ‘Third avenue, in the candy near Fortieth street. juire for three days of James 5 RARE CHANCE FOR A PERSON WISHING TO vest a small amount of money ina Reotifying iggy; one of the best places. down town’ will either salher fe a partner; satisfactory reasons . Call, tween the hours of 11 and 4 o'clock, at 67 James sireet, Sustuets deitca'& partner Addreny with real oe eee it smataet. 5. 's 2 Fon soe Pires it WANTED—IN A WELL PAYING ddress L. J. tness in the livery line. A¢ . Fortieth street, near Second avenue, from 9to a ITHOLE.—FOR SALE, A ONE-SIXTEENTH PARP iy Ly over Hleraifoficn. © UGAR CANE CULTURE IN THE TROPICS. A citizen of the United States, a resident of » Seuth American republic for fourteen years, has been fer the last three years in the culture of sugar cane. Hh tate ({n fee, unencumbered) com about thousand acres, on which are cuable Duildings aud the 4 ments. planted in cane ( can be indefinitely extended), in squares of four and one acres each, and 'n rows seven fect cob and the eee ae plants havo produced this season at the rate of four pounds of ‘ and the maximum ‘ts oath mated at not less than six thousand pounds per acre. In this locality cane yields for twenty or more years withows lanting, and the grinding season lasts for #ix bor can be had at low prices, and the soll is unsurpassed, in fertility by any portion of the world, while the climate is oom healthy and agreea! 6 one or more capitalists, ing his ty, not only in the culture of cane, but of coffee, cocoa and cotton, all of which his estate. Communication can be ten or twelve % Further information can addressing J. R. H., box 1,257 New York Post office, HE UNDERSIGNED HAVE FORMED A COP, for the transaction of Life I —— under the firm of Ayres & Blauveli, at 151 a arial wil ROIRRT AT Le Naw Yorx, October 21, 1865. ‘ANTED—A PARTNER IN A_RECTIFYING from $3,000 to $6,000. Address No. 1 ‘ANTED—AN INTEREST IN THE PRODUCE aes kerage busines, party who furnish from 10 $1,500 “Principals cm adarean Produce, Herald ofiem, ‘ANTED—A PARTNER OR SALESMAN IN THE b mirgé as o competent ‘as. Addsend > 4 500. -FARTNEE. we : Sanne veer oe oe ores A.W. Ba DOr ‘acsd 80) —A_ PARTNER WANTED IN Se one sana ne 25,000, hand aruaaal to overseeing VERTISING BX PRESS. —600,000 0. MBRPEL APiinributed in every ety and town weekiye jon this. weel Giants RRL tag

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