The New York Herald Newspaper, November 3, 1867, Page 4

4 EUROPE. The Roman Question and Its Ulterior Complications. Intervention as Seen in France and England. French Russian Opinion of the Tem- poral Power. Mr. Cave’s Report on the Atlantic and Great Western Railway. ‘The German mail steamship Cimbris, Captain Traut- mann, which left Southampton on the 23d of October, @rrived at this port at an early hour yesterday moruing, The German mail steamstip Hermann, Captain Wenke, ————— NEW YORK HERALD, SUNDAY, NOVEMBER 3, 180;.—T to that illoston —ts its excuse if not ita justification ; but afier the Knovclical of 1864, which it had to refer to tne Council of Btate tor censure, and the introduction of whica into France it prohibited, it crnaot surely shut tts eyes to evidence, During the fifteen years’ cocu| tion of Rome has Franco obtained what was ‘demanded 1m the letter written by the (resident of the Republic to Edgar Ney? The more that occupation was prolonged, the more did the expedition deviate from its original object. And is it to be believed, he asks, that this 5e0- mpl dition of 1867 wil be more efficacious than the first? rin it bring back tne policy of France to its ‘Stagting point and to its object indicated by Odlion Bar- rot, President of the Council; by Drouyn de .Lhuys, Minister of Foreign Allai by the President of the Republic, who wrote we leiter to Edgar Ney; ‘and af,” concludes Mf, do Girardia, ‘there 18 no "ood hope so, what are we guing to Kome for ?' {From the Paris Constitattonal, Oct, 22] Every order bas been givea and every measure taken. France could not allow herself to be placed ‘at the mercy ofacup de mainof the Italian ion, Permission | could not be awarded to that Power to tear up a treaty concluded between the two governments iu the plent- tude of their liberty, and uader no pressure of circum- siances or o! events. Every one who feels the sentiment of national dignity, aod thinks that it is a post of honor jor a country to cause its engagements to be respected, has applauded the energeuc attitude of the French government, France ts theref re ready to act; but at the moment we write the telegraph has not anuousced the departure of the fleet ‘fais period, granted :o refieccion, has perhaps not been lost; we still hopago, But this is certain, that in the deiay there is, as it were, a last ap- peal to sentiments of honor and equity, and the Italan goverpmest ought vo Was afresh act of that generous policy of whict it has received such striking proofs. And now, we shall not say as some do, © The die is caat;” or as others, “Let desiiay be accomplish: from Bremen and Southampioa on the 224 of October, @rrived at this port yesterday evening. By these arrivals we have our European files, in de- tail of our cable despatches, dated to the 23d of Octob The London Times of the 234 of October, in its revi of the fuanciul aod commercial situation, says:— Notwithstanding the improved prospect of @ diplo. matic solution of the Roman question through the feat of the Garibaidians, the uarkets are datl, ncn troops to Rome was at first g@naoouuced to a force of thirty thousand com. batanis, but in ent ol a French intervention lead~ ing to an open outbreak of hostilities with Italy, foros would as ac Grenoble wii a view to make ‘ts way into [tal ‘ross toe Monte'Genévre. A Cherbourg letter, written om Sunday, October 20, Bays:— A ministerial despatch, which arrived here last even- 4ng, orders the captains of the iron-cesed frigates Valeurevse and Maguasime to hold themselves ready to proceed with the r vessels to Toulon. Tho frigates Sorvei| apte aod Savoie, this latter carrying the flag of Acm jo Dompierro @’Eorney, are waiting to depart for ‘UPL! Wwe three floating batteries Foudroyante, Prot ud Embuscade, now in course of: being | may end armed, ready for sea, The Italian Gaget'e announces that the Spanish am- Dassador at Florence has applied for nis passports, The following is trom the Giornale di Roma:— in the afternoon of the 15ta of October the Moly Father visited the military hospital 10 order to aftord consvulation to the men who were wounded in the last aflair at Monte Libictti, The august presence of the venerable {a'her and king, and the words of condolence em which at the bedside of each he , greatly moved all those ‘who were witnesses of jarks of solicitude as weil as those who were the objects of them, The North German Parliament passed a resolution calling upon the federal Chancellor to introduce next Season a measure relating to trade based upon tree trade priactples. relative to a.common aititude of the two Powers in the Eastern quesijou is entirely without foundation. The game journal ridicules the idea set forth In the ed!” bat ‘this—“ Whatever may happen France will net recoil before the revolut right shalt be respected." (Fre Optnione Nationals, of Paris, Oct. 22) If our inf’ rmation be exact, the political weathercoc! has turned round = liaty engages to dispose of tue 6 Daldiaas and to protect the Pope, Frauce renounces t! projected expodition. Cia/dini replaces Rattazzi, si, de Lavaletie witvdraws bis res gnation, It is very Certain that vo solution of the questiow can be found in ail this; it i# merely tue prolongation of a state of affairs waich has become impossivle. And yet we are almost ready to rejoice, for an irreparable blunder bas been avoided. Italian blood will not be sbed by French hands, the fleid remains open to negotiations, and the question is freet from the suscepiibiliiies of the point of honor, I, remains now for dipiomacy to accomplish wrat the sword bas not done, Tho reaction in Francs bas failed in its object, but it must not be allowed to die out also in Iwy, Kong Vietor Emanuel bas just mado a sacrifice for France which may cost him dear, if our govern- ment does not seriously and immediately think of shar- ing the responaibirity. The revision of the Soptember Convention, with France renouncing all interference in Thaiian affeirs—such should be tho Ue ground of the whole liberal press. It is the only means by which our country may get out of that chronic perplexity which, during the past few days, had become agony, and which irreparable mijsfortune. May the danger we have passed serve as a lesson, and cause us all to rally together in the same work, (From the Paris Patrie, Oct. 22.) The decisive word bas pn been spoken. vices trom Florence received by the government sin yesterday afternoon hourly modify the simuation, but bave not in any way affected the resolution of the gov- ernment, The preparations with a view to intervention were resumed yesserday afternoon and continued all nignt. The last despatches trom Touloa inform us that the greater part of the troops have embarked, and that the ships have their steam up. Their departure can take piace immediately. The Couroune and another ironclad frigate are to convoy the traosporis and remain in observation off Civita Vecchia, ihe accession of Ciald ui or General Menabrea to office would be viewed agacoucession to France, We ae assured that the Italian Minister received intelliyence this morning which foresbadowed that the requirements of France would be complied with. {From La France, of Paris, Oct, 22} The French ultimatum demanded :—Firstiy, a formal Pledge on the part of the Italian government to stop the Garibaldian bands. Secondly, the immediate closing of recruiting offices. Tuirdiy, a proclamation of Victor Journal des Dehats of Puri, in which it was declared that | Emanuei, recalling the Italians to the duty they owe Prossia wouid shortly absorb Saxony and the fhurin- gian States, The negotiations between Prussia and Denmark om tho North Schteswig quositon have made but little pro- gress, in consequence of tbe illness of Herr von Quaade and the Prussian commissioner’s occupations in tho Federal Council. Alt the information commumicated by French journals respecting the instructions given to the Prussian commissioner is merely conjectural. The town of Thorn, in Western Prussia, on the frontier Of Poland, is about to be made a fortified place of the first ravk by means of detached forts, This mcasure har Deen adopted with a siraiegical view, in consequence of the concession of a railway from that town to Posen, ‘The line will be of great commerctal importance, The following nove appears in the Gusclie des Elrangers | he pre'end: to le, and when of Paris:— Mile, Adelina Patti bas no thought of marrying, and she believes she violates no propriety im thus giving the Mcat formal coptradiction to the falsest conjectures, She 1s botrotifed ouiy to art. The Emperor of Austria sont an autograph letter to the Minister of Justice stopping by special favor the Prosecution against four Lalian officers who were lately arrested, while in the South Tyrel, armed with formal instructions, and in the very act of making strategical plans and Investigations. A Dill for the reform of the legal code in the Polish Kingdom has been laid bevore the Council of the Russian Enhpire. The publication of a royal Spanish decree is expected authorizing the issue of mortgace notes to the amount Naver F500, 000,000 reals, bearing interest at six per cont, anda | aZrocabl portion of which would be redeemed every year. The Bank of Spain w entrusted with the negotiation of Donds to the amount of 700,000,000 reals, The whole operation is placed under the guarantee of the pur- chasers of national domains, The Minister of Finance of Spain has issued a decreo reduciog the customs duty upon foreign agricultural im- plements to one per cent in Spanish bottoms and one- fifth more in foreign bottoms, their country, and the retpect duc to ite engagements. It ig assured that the Italian goverament has adhered to these conditions, Russian Opinion. TMH CZARS RELATIONS TO UNITED ITALY AND THE POPE. [From the Moscow Gazette, Oct. 19.} The events which have taken place in Italy, and espe- cially those which are in preparation, should be exam- ined wath great atiention. They form an interestin drama, in which Russia is more or iess directly inter We ae very desirous that the unity of Italy should be ac- complished, aud this cam only be effecied at Rome. Russia, as @ great ower, can but wish that Italy, whose interests are j respects identical with hor own, should consohdate her power; what is, however, more essential for skussin is that the success the Itatians lead to the fall of the Pope's temporas power, When the Pontiff! ot Romo shail once be compelied to observe the laws of Him whoee Vicar @ shall have put au end to toat scandaious mixture of temporal and spiritual affairs, the principal source of disturbances in the Cbrstian world wili be at an end, When once the oman mona-ch shall have again become what he ought to bo—that is to sa: bisuop and real Chrietian pastor— one Of tue greatest evils which for centuries bas in- fected the {niellectual and social life of nations, and of which the pernicious inilueuce is manifested every- whore, will disappear for ever, The emsequences of the evenis which are preparing in Italy are tua. ulable, If, in fact, the Roman Church, transformed into @ State, posseaced (be necessary strength to prolong its existence, such a result would be a misfortune for bu- manity. ‘Happily, 1t 18 tmpossible; the signs of the time aro evident; the great fall and tho great revival will ba inevitably accomplished. 18 uot the ruin of the tempo- ral power of the Pope the triumph o/ Russian orthodoxy at Rome itself? Js it not the aurora of the reawakeming of te Kast? In ovr opinion the temporal power will cease to exist from the moment in which a single Italian je hope that this will shoriy take English Opinion. CAN VICTOR EMANURL CONTEND SAVELY WITH FRANCE? [from the London Herald, Oct, 23.] * * © The King of Italy has been wiser than his counseliors, and has not bry wd it bis duty to. throw away his crown “to save the honor of his country."’ Had be done so, had he jumped with the truculent humor of the reckless journalists who, at a safe Wisiance from the scene of action, play at “pitch and toas” in their clogeis with the destinies of nations and the lives of half Tho sale of the entire ducal iron works of Brunswick | ® Million 0° men, he might bave gone down to posterity in the Hartz, together with tho important iron mines | pus he would have put back the history of Delonging to the Siate, tothe Brothers Eizbacher, of Colcgne and Amsiordam, for the sum of 650,000 thaters, has been defiaitively concluded, the conseut of the estates having previously been obtained, A despatch {rom Plymouth, England, of Octeber 20, fares Orders were received here to-day to forward one hua- with such fame as that of Leonidas and ‘us Curtius; his country for at least a hundred years—have sacrificed all Italy as well aa bimself in his Tuermopyl~, and drag; all his subjects along with bim into the gap in forum. ‘That he has yielded to the demands of France so [ar as to enzage to adopt at once the most vigorous measures for the suppression of the Garifaldian entérprise and ree ounce his plan for an occupation of the Roman States by Italian troops, we gather, not only from the positive assurances to that eifect which reach us from several dred marines to Liverpool immediately, in consequence, | quarters, but from the significant fact of the counter- of a Fenian alarm ; but the order has been since counter- gned being that the Gladiator, with # detachment from some manded, the reayoa Six guns, proceeds du ether port. A telegram from Portemouth, of October 20, says:— The Gladiatr bas boon ordered to proceedewith all possibie despate’: (9 Liverpool. Tem Was received she Was on hor voyage, and it is said or services aud that of her crew are likely to be called ito requisition, as a ‘‘rising’’ is threatened in the busy part o! Liverpool, A despatch from Agram says:— q The stay of General Turr in this city bas exercised a Deneficial ofect in furthering the settlement of the re- lations betweon Hungary and Croatia, Late telograms from India report the rainy season has An hour a'ter the tele- | tr maoding of the French expedition. The ministerial crisis at Florence is another pi were needed, of the fundamental change which the attitude of France has impressed upon the policy of Viotor Emanuel and his government. Rattazzi was disposed to temporizo with the Garibaldian difficulty, to strain the September convention in the su imterests of Italy, to to its utmost Hmit the forbearance of France, whom, apparently, be stood jess in dread than of the cxtreme party in his own country, which insisted that the moment ¥as opportune for an advance upon Rome, Under present circumstances, the success the red-sbirted bands would have beon a heav: misfortune for Italy, for France, and for the world. Into tue abstract question of the right of the Italians to Rome, the expediency or non-e: cy of the maintenance of the temporal power of the Pope, it te needless to enter, At this present moment it deeply deen very favorable in Bombay, aod agricultural pros- | Concerns both the honor and safety of Italy that she Pectsare good. The famine in Orisva is virtually at an ; there are fifteen hundred orphans to be provided for. The indigo crop is not expected to reach ninoty- three thousand maunds. A despatch from Bombay says:— The advance guard of the Abyssinian fleid foree, viz, fourteen hundred troops and one thousand horses and Moles, aaris on Octoder 5, Beagal furnishes a email Portion of the expedition, A private letter which reached Plymouth, England, from a correspondent at Calcutta, dated September 6, states that by the mail just arrived intelligence has been received Of a faction fight In Penang among the Chinese fmbabitaats, Tne European residents took refuge in the fort, where the men wore sworn in as special constables, ‘They then went with the troops and quotied the riot, when they found the bodies of eight hundred (Rinamen Killed im the fight THE ROMAN QUESTION. ‘The First Movement for French Intervention, {From the Paris Moniteur, 23.) In presence of the aggression of whieh the Pontifical Btates have been the object on the part of revolutionary bands which had crossed the frontier, the French gov- ernment had resolved to send an expeditionary corps to Civita Vecchia, That re was the accomplishment of a duty of dignity and hovor, or contemned. But the italian governm: Emperot tho most caiego: tons All the necessary measures ure taken to prevent the invasion of the Pontifical States and to render to tne Convention its complee efficicy. In cousequence of these commuvications the Emperor has givou aa order to pa nd to the embarkation of the troops, French Opinion of Intervention, [Paris (Oct. 22) Correspondence of London Times. } M. Emile de Girardin, who continues to keop up an incessant fire agaiost the imperial government on the Roman and almost every ether question, reproduces in hia paper, La Liberté, the debasioc which took place on the 1600 of April, 1849, wi the Minister of that day (Odiion Barroy demanded 1,200,000f as ‘ extraordinary credit’ for the expenses for three months of the Expedi- voary Corps of the Mediterrancau—that is, for Rome, the Fieach goveroment hoped daring tho fitteon 8 (hat c.apsed berween 1849 and 1864 to obtain from i Ponti rectma whieh, a8 M. Drouyn de wore. opposed to ita very nuiure, during that Ume to reconcile fomeng whieh must elation ~ With the ous clung to SMe bece. Ital. hopo— Tho government could | most Not expore itself to see the signature of France affixed | books, to the Contention of the 16th September, 1864, violated | isting ay: has sent to that of the | expressly based oy the constitution, assarances amd declara- | soom proved its superiority to organic laws and pre- should keep her hands off Rome, however much she may covet it, It concerns her honor, because she is ffm ed to protect it. It concerns her safety, because, if she shouid fai im her duty or prove false to her pro- miso, France bas no choice but to take the business in hand, It is, therefore, in every ie matter for much Congratulation that the Garibai enterprise has aiready broken down, THE AMERICAN PRESIDENCY. otal Insecurity Origianted by the Republicans. [From the London Times, Oot. 23. ‘There appears to be no longer struggle of parties in the United States juto another oe The republicane, who bave now had ‘the control o , been encouraged by their (riends to believe t “ete sure of the support of the people, no matier what lune Of policy they chose to pursue, The elections of last aatame, folowing closely upoa some of their most stringent measures for the regulation of the South, fully copdrined them in (his supposition; aod, when they re- Assembied at Washin, strengibened by the addition to their numbers some the most extreme m™ e country, they soon proved the expan: jure of radical principles The Exe. cutive was made subsery eir revenge if it dared to oppose their poticy, Bnactmenta of the jonticting kind were piaced upon the statute it their boidest stroke reserved for the ox- tem of State govern’ for the principle upon which the elective franchise was Tue Legistature scriptive righta The jocal governments wore sum- marily Zosiroyed, and a new su: @ law forced upon e le of the Southern States, by which the majorl- ol ite citizens, were purposly exciaded trom the im If the object of this new ciri revolution had ry a to protect the negro in his rights as a freedman, it would doubtless have beon justified by the approval of the Northern peopie, but the aime of the republicans did not stop at this point They were not contented with placing ‘he negro onan cqual- ity with the while citezen; bud they were de ermined to make him the ruler over a subj people. Tho edueation Aud intelligence of the South, which their most implacable foes admit ean iil be spared from the vavonal conneils, were ‘o bo suppressed by martral aw, and represeatatives were to be drawn from @ race which, whatever may | be its past wrongs, te of all others the least competent to be introsted at once with tho controt of the muechiners | of @ civilized government, To the amazewent of the | Dation, the repabtican party have succeeded in accom. | plishing the wildest dreams of theie lenders The pie pow Gnd ‘har they mist reconcile theme ves to inp heroes everywhere @ igible foF he Shtes see's of au- th vee, Moreover cmd With LHe power to ase st (home@ yg to ‘hove appormtmonte, Im seVeu oul of tou Seats “Suse rem ns came og x egro \otors oxist what means the wh! chtisens bave been kept dows futare history will, perhaps, reveal, and wo may weil credit thé statement of an American writer, that if his country- men know all the decails the end of (ue republican reign would be very near. But we aced not encumber our- Solves with the infercuces or implications of either the Weaning or the losing side, ‘The pisin tact of the hour ig that toe mass of the Nurtoera peopie are as averse r been from the dum nen in any negro race, and yet that in Sta os absoluceiy rusod by ‘Megroes, and negro candidates for State Legisiatures and Congres rising up in every direcuon; watle trom the Rewiy enirauchised miilions come demands for gratul fous appropriations of land which it will be utterly iim po -sibie to saits:y. ‘The Northern people, as their true representative men Dave aiways emphatically tesiilied, euruck down slavery, mot because they L ved tie negro, but beaure they were de- terminal w preacroe the Union, They have now been commitied by the republicaa extremists to einal acknowledgment of the right of the blacks to go a large section of the country, althougu @ part of the very theory of the g»verument is tuat education should g@ before the francuise, tu this reversal of a’l their former pohoy thi ay have seen sulficient cause to we-ndraw from the radical faction, But they wave oter causes of discontent. While the coumiry 18 bowed dowved beneath the load of taxation, 80 that, a3 ap ex- member of Congress recently declared in Ohio, “tho working man in America is taxed higher per ead thaa ia acy other country tu -the world,” apd while the peunio are striving to iroprove the position of their bouds in the market in order that the rate of interest may be |, & leading radical, one of the buttresses of the party, comes forward with @ proposal to cheat tbe national creditors by paying the interest iu curreucy iu- stead of gold. It is true, indeed, and we gladly record the tact, that the pablic journals of the party have in- stautly denounced tig amazing act of fully. The secre- tary of the Treasurs bas hastened to reassure the puolic mind, and Mr. Builer is at prosent the only pubiic advo- cate of au infamous proposition. But this man ts woo cunning @ politician to have committed an obvious mis- take, He either actvaily is, or beueves himself to be, supported by a certain section of hisconstituenta, Even Butler dare not openly huist the eiaudard of *repudia- tion,” but he. 18 prepariog the way for it by sugges:- ing @ dishonest evasion of the national oblivations. Ihe mischief that is done meanwhile is searcely to be over-estimated. The public confidence in United States boods is kept wavering, and the six per csnt rate of in- terest threaiens to be perpetual. So much have ple t» thank thzir radicat leaders fir, But more even thaa this remains behind. The whole couairy is agi- tated and disturbed by the deploraole condition of the South. Trade is paralyzed, credit is shaken and the very word * reconstruction ”’ has become hateful to the people, We need no: accept questionable authority for these statements. hey are repeated im every repub- licao journal and by almost every republican speaker throughout the United States, Oneof the Senators of New York, elected last year on account of his extreme radical opinions, ts reported to have aald at a republican convention in Syracuse that “the country wants ro wants an end o! reconstruction, not only for vei ap reconstruction, but ‘or the sake of the interests which lie behind. ‘faxes press upon the poopie prices are op- pressive.’’ Those sentiments everywhere fill the public mind, and far outweigh the class jealousies and hatreds upon which tbe republicans have flourished since 1860. ‘Nothing less than @ great manifestation of popular @is- approbation could bi convinced either the radicals or their friends tbat their misrule bas discovered, Never at any previous perid in the history of the Unum has such wiholcsale and audacious corruption prevailed as now, The bonest part of the nation is weary of the scandals which party despotism has brought inio exist- ence. The first blow was struck in California, where the republicans were utterly defeated. It has been quickly succeeded by anuther severe reverse in unsylvania, and jn Ohio—the last State where a defeat was anticipated—the democrats have routed their antagouist+, securing ® majority in beth branches of the Legislature and the return of a delegate Congress. The Governor, according to the latest 8, was elected by the republicans; but the stroke which the radicals and their allies will find it bardest to bear is the crushing reply of thie powerful State to the demand for nogro su: Connecticut refused to listen to it; but Onio bas more “advanced ideas,” and the republicans (hougnt themselves certain of her aid. Sho has cast a vote of chirty-cight thousand majority against the enfranchisement of the negroes. ‘Tho radicals may de- plore this decision, but it is one’ which they cannot pre- tend to misunderstand, In Iowa they bave narrowly eacaped discomflture, and in Indiana they won tho day only by reduced majorities. Everywhere the republican press is crying out io alarm to the leaders of party to shift their ground ant preach moderation. In the jungle of American politics it is impossible to trace out the precise leaning of this new growth. Events sometimes seem to be advancing towards a point from which no destiny cau turn them aside, when, with the quickness of thought, they are seen to be driiting in exactiy the opposite direction. A hundred unforeseen circumstances may interpose to arrest the resction which is now unmisiakabiy progressivg in tne public mind. The President may ‘bo ov:r-olated by the recent vic- tories, afd persuade himself that the people havo learned toappreciate bis policy, and that it will be gate to exh.bit some Dew cevolopment of it. The time may come when bis efforis to maintain the inviolability ot constitutional law will be applauded by bis country- men; but if, 28 we believe, he sincerely desires to servo hig country, he can succeed best by practising patience and keeping silence. Ii the common sense of the nation is allowed to work out its own course, tho party in power wiil bo Judged fairly, according to its deserts. Its long hold of office and its vast popularity have produced the effect which is usual in such caves—it has been betrayed Mik tory ie Ngee Bg to be itsruin, Zt has led every public office with is mox corrupt agents and dependents, & has crealed a ‘negro aificuy"™ which it wul take generations to unravel, Gnd i has experimented upon the national finances and commerce until a genera! sence of insecurity has been estabished. If the preceat disorganized state of the party should lead to the resio- ration to powor of the moderate and able men included within its ranks, we cannot doubt that cne whole nation would greatly gaia, aod Mr, McCuiloch’s ardent aspira- tions for a four per cent rate of iuterest might at some future time be gratified. While tue Batiers of the country are permitted \o unsettle the national credit at their will, the relief prayed for by tho people is not likely to be enjoyed. THE ATLANTIC AND GREAT WESTERN RAILWAY. General Meeting by the Committee of Inves- (From the London Times, Oct. 23.) A general meeting of all parties interested in the Atlantic and Great Western Ratiway Company, convened by the Committee of Investigation, was held yesterday at the City Terminus Hotel, cannon street, Sir William Russell, M. P., in the chair, Tne notice convening the meeting having been read, ao of the Committee of Investigation was taken as read. The Caamman said, after making some observations on the matters referred to in the report, he would give any explanations they might require, aud leave to Mr, Cave the siatemonts respecting the various leases and the working of the railway. At tho time they ap- d the Committee of Investigation they hoped to be able not only to pay the deterred interest on tho divisional bonds, but aiso the current interest. Iho re- sult of the investigation, however, showed that it couid mot be carried out so early as they antici Im- mediately after their appointment Oewel, from Al Legere the Dotch and Ger- man interests in the und ing, jointed the commit. tee, and they were very fortunate in getting his services, He represented three distinct interests $430,000 con: nolidated bonds, $743,000 seven per cent pref and $2,500,000 eight per cont certificates of debentures; it appeared the holders a most valuable report on the state of the company’s line and works, They would have had it printed and circulated but for the cost, and he hoped they would soon be able to get it printed, Two of the committee, Mr. Vewel and Mr. Cave, went out to America to examine the line and works, to make inquiries and obtain all the information they could, and bir. Cave had reported on various im- et matters. The committee bad taken the best advice they could get in America on points that had been raised, and there was no doubt that what the scmmittee proposed to do could be carried out, s "Ba ae th at, Veh the report of Trevethick it was stated that Itttle bad been dove in 1866, and it was bis opinion dure ing the last four years the cost of tinkering the ae more than if the renewals been lar The first and second ided in thas aud the fourth section Was found in con- Fraokiia end Maboning branches were in i ‘The bridges were of wood, uncovered, and id soon require extensive repaiis and renewals. The embankments were not wide egough to sustain tho permanent Way, nor were the slopes sufficient to retain the embankments. When the committee commenced tions in America they found several persons in the jeld for the intment ofa receiver. They found a + Pod ghbeswery oye gt 4 acting for that urpose, ani comm! united their efforte to ob- ath the intment of a receiver, in which they suc- Tolling stock were also payments of rates and taxes, for materials and labor requisite to keep the line in an efficient state for the pubic service, Out res tne laverest on bonds and riority. Tho me into Fi the recoivor, on the 1st of the April last, and the estimated trafic for the mx months ending September 30 was be age but the actual receipts were 000, expenses 718,204, or 665 per mie Ky b ir cont; ed toem at 70 Der cont, The cost of re nowals was $477,349, but it was fair to say that a por- tion of this should have been charged to working ex- eon, 80 that the actual working exponsos wero about Bors per cent, The loases would not take precedence of the mortgage debt. They were paying the rent on the eee oy lin@, because it y.eldeda profit, It was 81 mites in % and the receipis on {t from January to December, 18068, amounted to $1,452,665, and the ex- mses to $1,048,860, including the rent, leaving R403, 706 profit, One of the iast Qoancial operations was that the Buflalo extension bonds were sent over for the purpose of getting funds to make that line; but at that time Mr. Kennar’, the seer, though! itmore | Important to tho company to completo’ anoruer Fxction of the main He, end thereiore the whole of the money Was appropriated to the iaier purpose. Tho Hot. falo extension bouds amount d ty $3,034,009, 0° which | $1,982,000 were in the cinnd. the italic ree Co) o8 On the Hine 10 1865 amounied to £806,205, and the | exptudivure to £907,082; lor tus your 1960 Whe revo) amounied to £876,326, and and irom January ty» amounted to £326, 1: ‘They rectooed the pound sterling as The working expenses im in 1866, seveuty-turee seveuty-five per cent, but since beea redueet w aney: receipts for the twenty-five to $433,757, aud for ine $526,952, showing a decrease of $43, receipts tor the remaining dve daya, just received, amounted to $124,211, and tor the corresponding five days last year to $120,150, suowing aa increase $4,051. All trade operations in America were di ; there was, how- ever, a pleatiful harvest in the West, and they expected large increase of traffic from that source. As to the prvbdavie future traffic, th» committee nad made esti- mates of what might be expect d from alow data; but Mr. Potter, the receiver, was of opinioa that the traillc would be very much larger than the committee esti- mated. It had beon suggested that they should defer the interest on t validated bonds for five years, instead of four years, as proposed; but the committee believed that four years would be long cnvugh. It tne mew Lisbou lin» was completed they woutd derive a large source of coal trafic from it over their line, and therefore it would not do to let that Hine fall into ower bands. The estimated traffic from the coal tige would be about $2,000,000 per cum, which wou d bo carried over their main fine, The wo-lera traiflc was increasing every hour, and thers was no doubt that before the fourth year from tue 1st of April last the trafic receipis would be quite ample to cover all Claims, A question bad been raised as to the legal ty of the consoiidaed bouds but the commuiitee bad no doubt whatever that they were atric ly ‘egal. Aa to the alleged overtssue of bonds, they bad every reason & believe i hat divisional bonds had uot been all issued, but they had not yet been able to asceriain that fur a certainty; they believed, however, that there was no overisgue, . There waa no doubt that the $878,000 con- sotidaced bonds would be recognized. A portion of the divisional bonds were payable in sterling. He then ex- plained that one great ob'ect of the committee of inves- tigation was to act as arbitrators in respect of the vati- ous classes of debenture, divisional boud, and other hoid- era, aud to propose such asettiement as would be fair aud equitable to all parties concerned. He believed that tuey had done impartial justice to all concerned in the proposition they had submitted in the re- port of the committes, and, if the meetin, approved it, they would apply to the Awmeri- can courts to bave it coniemed.. He then went into the various questions of equity between the various holdings aud gave the reasons which indu the committees make thelr proposal, He conclud by moving formal resolutions to th2 effect that the report of the Committee of Investigation be recsived aud adopted, authorizing the committee to take the Tequisite steps to carry out the plan tverein pro with such modifications (if any) as might be feund advi- nd recommending all Classes of creditors to con- cur in any action which might be found necessary; requesting the committee to appiy to the American cours to authorize the receiver to defraf, out of the funds of the undertaking, the expenses aiready incurred by tuem for aud iuctdent to the investigation, inctuding a sum to be fixed by the courts as remuneration to the committee for their personal services; and in order to carry*out the proposed arrangements the Commitioe of Investigation to continue in oilice asa commitiee of adminisiration, with full power to make ali necessary arrangements for exercising supervision over the affairs of the undertaking in the interest of all classes of creditors, and for the maintevance of an agency in London at the expense of the undertaking; aud also to make such applications to the American courts and Lemaire and otherwise to act as the committee might, in their discretion, think fit Mr, T. Cave, M, P.,' seconded the resolutions. Mr, Ripspa.g, as a divisional bondhold«r, wished to know what security or prospect they had that at the end of two years they would get the money due to them. He said he wan‘ed more intormation on the sub- ject, and then went into the question of the leases, which he sald would be a very troublesome matter for them to deal with, He contended that no resolutions they could come to at that mee would affect the di- visional boudholders one iota, ey would hold a meeting of their own, . Mr. WaLLia read a protest against any attempt to de- prive the bondholders of the payment of their interest. Mr. Taorrs, a debenture holder, thought they could not have their affairs in better bands thap thove of the committes, America was so rich and nad so.many re- sources that it was only a matter of time and good management to make iy securities and property of much greater value, Mr, Merny, a bondholder, fully concurred in the pro- Position of tue commitieo, Mr. Hors could not understand bow it was that an entirely new railway should now want £400,000-or £500,000 to be expended in repairing it, especially after the assurances they had received from eminent railway authorities that the road was well aud solidly con- structed, Mr. Wricn expressed himself entiysly satisfied with the pi ition of the Committee of Investigation. Mr. Cave, M.P., said be would make the state- ment referred to by the chairman, He was very largely interested in the undertaking as a divisional bondholder. He thought Mr. Ridsdale might sa‘ely leave the interests he represented to the cummiitee, the coasolidated bonds would come befote the jeases, and the preference shares after them. A proposition had been made for selling the road, but the purchaser would bave to make ali neediul repairs and renowals, and to keep it up in an eflicient siate for ‘tratlic before they could get any money out of it for other purposes, The Morris and Essex tine could have left a proit, and he regretted they had not of lt ‘The lease of the Cattawissa liao not been con- firmed by this company. (Hear, hear.) The dwners were willing to modify the terms, and was in favor of an alliance with that company. The company had ‘not bad the cordial support of tuose lines to the east and west of them, and they must take steps soover or later to secure their ‘sharo of the through traffic, As to tl Franklin branch lease of 50,000 a year, Mr, McHenry had assigned half tho amount to Mir, Kennard, the engmeer, but Mr. McHenry bad never received any rent on that account As to the Buffalo extension line, which was not made, Messrs, Weils and Fargo had made a cross cut line into Buitalo, and he believed the use of it would be quite puificient for the traffic of the company, so ghat they Deed not make a line to Buflalo, wing answered other fo sroyrngen be said he would give them a Co re. view of their property. There were four Great Western railways running irom the Atiantic toward the Pacific, where they would terminate some day. As to trafiic there could be no doubt of it on the Atlantic Western, could compare their line to no England than that of the Great Northern. It had discovered in the capital cost of the line, which, ore? the war, financing, issuing bonds at a discount, cost double what it ought to have cost. More than one bundred miles of line at the other ead had been made parallel to another line which had very htue traffic on 1, and if that had not beon done they couid have saved 25 per cent of their outlay, The office was built oo piles, at Great expe: 1 & ewamp, to benefit somebody. A great deal of the tal was expended op extra lines; about one-balf it went in that way. On the main five the cuttings and embankments were too narrow, the rails were on hemlock sleepers instead of oak, an re being replaced at theirexpense. The wooden bridges rere uncovered and dilapidated, tresses ‘were used to suppor: the line in place of embankment and were being replaced by the later. The rolling stock bad been ing for want of sheds. The cattle tracks were too light and they had none of the trafic The railway had been reduced to Buch @ condition that almost every dav off the tine, but that had now been re bY Board had beea most ti constituted, and the Consequence was that expenses were ly inoreased thereby, aad the revenue was curtai Five dollars a ton was paid for coal, which could have been had for $2 75 elaewbere. Agents solling uckeis had a commis- sion of twelve and a balf per cent, which had to be shared by others in the y's The through _ “i Sou — amount charged on other es, Tho 0 ‘was frequently rejected un- less certain fees were paid to oftciaie te cocmnmedate it, The guards of the trains took fares from the pas- sengers after the trans left the stations, and ally helped thomeelves, In one case who ‘was promoted to a higher piace reco: su0- cessor to stop one but and fity dollars a month from the receipts ¢ lected for bis em: of opinion that at least four hundred thousand year might be saved from abstraction by west bene le Foe mo ined able proofs of misappropriat hed now who was looking’ after ‘heen tolngs, but not witbeus ithout reat personal risk. Three million bead of cattle were rought from the West by the other lines; but the com- pany had no sbare of that traffic, although their tion would be one-fourth of it. * nd traffic hee to part with vig kale ten Beg Ameri were buying up largely. One given an order for the jesus’ of 4 hundred their bonds at present prices. The committee and the manager had tremendous difficulties to eacouster. It was theretore desirable to avoid sectional differences and to have unanimity among them. (Cheers.) A endment, proposed by Mr. Fiux and seconded by Mr. Mivpay, was rejected by a large majority, and the resolutions moved by the chairman and seconded by Mr, Cave were unanimously adopted, oceedings concluded with a vote of thanks to the chairman. BRITISH REFORM. Lord Clarendon on the Position of the Works men and the ** Dignity” of L: o Advancement Open to All by E [From the London Times, Oct. 23.) The Industrial Exhibition which wa: oF at Coventry on the 191b of June by Bari Granville closed op Monday, The weather, which was most unfat for the opening, was still more upfavorabi chosin, teeny rai bye tee ros a0 early hour in the % And prevented the proces- sion, which was to have met the Earl of Ciarend: K.G., from taking place. In the forenoon the municlj authorities and the invited guests assembled in St. Mary’s Hall to moet tue distinguished visitors, and from thence proceeded to the Exhibition, where the clown ceremony took place, Tord Leigh, the President the Comm} aan presided. After an opening pray: by the Bishop of Worcester, the President delivered @ @uiogistic address on the success of the Exnibitio’, from whieh aod the report it appeared that the Exhibition bad boon visited since its opening by 98,569 iy OXs elusive of the schools, which are estiraated to have hum- bered 6,000. The Earl of Chanvnow delivered the valedictory ad- dress, His lordstip said:—* * * The day was gono by when a man of woaltt and position could afford to be tunedocated and illiterate. Such a one would bo looked BPOD as au object af coniempi, and as one who, having neglected the opportunitics of hia position, had also wa- fied bimseif for its ob\igasions | maa migut be bora ia (ue very lowest ranks, without + On the other band, @ | possessed, an eno mous power od or evil. He verily believed the groat aes Ce uld dew sire to use that power, not mischievousiy, but jud! and for good, bat they must be fitted to use it, Whi they did use it aad found themselves raised in the scale Of politcal fe, and tndirectiy taking part in the mapage- ment of the nation’s affairs, workingmen would also desire to raise thomeelves in their owo spheres, and to attain to @ greater command not only over the material, but also over the intellectual ments of life. For that they would require potitt education as much as they require industrial yn, and toa large extent seientific education, and no education could be sufficient or complete which did not embrace religion. That must be provided. It was nota matter on which we could sit still and merely talk, aby more tuan we could content ourselves with aan king of the national defences, It must be provided if our prosperity was not to slacken—if our iusti- tations were to maintain their excellence and equilib- rium—if our manufactures were to be supported and if the great bulk of the population was to consist of good Citizens and Christians. How tt was to be eifected was @ serious problem, involving many vexed questions to which it woud be then inappropriate to allude. It was @ gatisfaction to Know, as all must do, tia: the minds of some of the most thoushtfal men were earnestly di- rected to this subj-ct, If it were recognized that educa- tion in England fell short of the mark and was pot ‘what it might or ought to be, and that tbe consequence was a great evil and @ pressing danger, be had no doubt that the probiem would be golved. There was one more thing which he ventured to say that was needed by toe workingman—it was liberty, The workingwan wanted his industry to ba free, his energies unsbackled and bis liberty unrestrained; to turn 10 the best ac- count his labor and bis skill, He fully admitted the benefits of association, and he did not deny the legiti- mate rights of combiaation, but he firmiy believed that if the workingman was @ freer man, and his employer tno, that it would be found withia any given space of time the division of profits between tal and tabor would be more equitable, and that ‘the fuads really of labor would be more available for the remun THE FINANCIAL SITUATION. The Royal Bank of Liverpool—Its Ma ment and Fuailare. {From the Lendon Times (city article) Oct, 23. ‘ng failure of “he Hoyal Basis has cromod such Lees agitation on the Liverpool Exchange to-day than might have been apprehended, and there seems reason to hope that the liabilities, insiead of reaching £4,000,000, as at first reported, may not much exceed £1,500,000, of which more than 1,000,000 is to depositors aid about £800,000 or £400,000 om acceptances, A meeting is to be beld to- Morrow, and the exact amount will then probably be stated. Tbe history of this bank is remarkable. It was eatabiished in. , 1836, with shares of £1,000 each, and a paid up capital of £600,000, which was at that time larger than the capital of any analogous establishment in Liver- pool. In the following year the great pauic occurred {rom the suspension of the three American houses of Wildes, Wilson and Wiggin; and although this was a period of extreme wit sbares a few years afterwards attained a premium equal to about seventy percent om the amount paid oP. The railway panic of 1847 fol- lowed, and on the 18th of October im that year the Royal Bank som among a number of banks and firms that were falling on rpm mays The difficuity on ‘that occasion was reported to been caused by ad- vances of reckless amount to covered total of nearly balf a million having, it was stated, been granted to asingle firm, At that date the namber of shareholders was abeut two hundred and sixty, and extraordinary efforts were at once made for a resuscitation. These were successful, and within six weeks a meeting was held, at which it was announced that the ik would reopen on the following day, the let of December, To inspire perfect confidence for the foture an entire reorganization had been adopted, and it will now be an important question whether the pecu- iar jopndinions. som, framed with the view of com- jetely preventing a recurrence inigraanagecn fora from that time tothe present been ataiiy fat, filled, The now deed of settlement stipulated that the poy tery be converted inte smaller one enlarge the constituency, and that new gree ralsed oy eeteceeoatares of £100 each, tally paid up, bearing per oent int with right to half profits boyond. Meanwhile only five per cent was to be paid to original shareholders until a reserve fund should have been created to the amount of £100,000, and it was further provided that the paid-up capital only, and not the deposits or other funds, should be employed ™ advances on open account; also that no advance ould be made beyond £20,000 without security, and that the highest advance on any security whatever should be £50,000. The shares of the bank were not to be accept d as security, the directors were to have no voice on advances to parties connected with an either by relationship or business, and thi directors and managers were not to hi any advances whatever. The two paid directors were to receive £1,000 per annum egch, and wore to consti- tute along with the manager a permanent committee, two being @ quorum, to mine upon advances or the opening of accounts, and no advances were to be made against the veto of any one of them. contemplated reserve fund of £100,000 has for some time been at- tained, Ibe nominal quotations of the shares shortly before the present stoppage were 9% a 10 for tho or- dinary, with £10 paid, and 100% a 1013; for the prefer ence, Last year they stood at a much higher point. The existing paid up capital is £650,000, and the number of shareholders is about 150, of which about one-fitth are widows or unmarried ladies; but as the general list con- tatos names of wealthy morehants and others and the Uability is ulimit can be no doubt that ali the creditors will be pad in full. It bas been re that favorable character, but in an: pension having become w: idable in the face of the manifold restrictions in the deed of arrangement, furnishes an- othor illustration of the folly of expecting that security can be imparted to any business by @ multitude of written rules. - ARMY. THE GERMAN took piace upon the bill respecting liability to miftary service, - Paragraph one was amended so as to provide that every citizen of the confederation is Liable to servo with- out the option of finding @ substittte, excepting in the’ case of mombers of reigning femiles as well as of the houses of mediation princes and of those who formeriy possessed the prerogatives of the States of the empire, or who are freed by special treaties or special rights, from Mability to the military service Pardgraphs two, thi four and five wero then adopted in accordance with ths ‘On the dlacussion of paragraph C Bismarck jon si nt @ociared that, in introducing this” bill the federal Pg ee ee s a Sg fore! : le iment might be catled out, for calling out "tee seareant tain ‘ war. The publ intereun tnerfores 3 Public interests, fore, the proposed modification of the para- agreed to, be Count Biemarck réminded tho House of the Beriod when war appeared imminent this year and recalled the the government had then made for the preserva- tion of declaring, at the same time, that on futare it ae pursue a Lee ee 1 ‘was, neverther adopt a majority, with the taodifioation” conterring the rig! upon the commander-in-chief to increase the army as far ee necessary, : THE PRIZE RING. The Championship of Engiand—Dimecaltics Oatside of the Roves. {From tho London Times, Oot. 18. ‘Yesterday it was expected that sons decision would be arrived at by the stakeholders regarding the maaner in ments so ti ht fa some other country than several sporting houses word the stakes on the ground that arty given information to the police to procure Tine rrest, but on further inquiry we found that there lie no foundation for suspecting O'Baldwin’s conoivance with the _ police. The meeting yesterday at Bell's Life office was very stormy, severat of the supporters of Mace and O'Baldwin boing present with the principals, An- other meeting is to take place thia morning, and in the meantime & legal opinion will be taken as to whether, if the fight should take piece in any other country than England, Maco’s bail should be estreated. [From the London Times, Oct. 10. ‘Yesterday a meeting of the supporters of Mace and O'Baldwin was held at Hell's Life office to decide what course should be pursued with ted fight for the championship. i in which it was stated that even if the fight sbould tak piace in Franco either of the combatants would, on bh return to England, be liable to arrest for assau committed on ono of her Majesty's subject Under these circumstances it Probable (though no definite docision has been yet arrived at) that tho stakes will bo or to the respective parties by whom they were lat —_—_—_—_. A Cour-Hiscox Arrain 1s Aanama.--Another Cole- Hiscox affair has occurred at Meridian, Ala, A dire Breckinridge having informed her husband that one Dr. Burton had insulted and feloniously assaulted ber, Mr. Breckinridge immediately cougut out tho offender, and toeting Lim ja tho street drew a pistol and fired four | shots at him, killing him inetandy, Breckinridge made ho effort to ovcape, aad was at once arrosved aud is now ta jail. Covltes—Three te a Murder Make the Deed a.7Wfal in Thetr Eyes. Havana, Oct, 23, 1867, ' Ps ‘The followi..< !mportant statistics have been published in Bpain and juss Feceived here:—The presupuciies oe estimates of our Wost Indian colonies show that the Tevenues of Cuba are ass 7Ged at $31,162,653, and the expenditure at $25,050,834, ti@Nefore the surplus ts $5,602,809. The revenues of Porto Rico are $3,395,490, the expenditure is $3,183,700, and the surplus $211,600, Total revenue, $34,558,133; expenditure, $23,843,624 surplus, $5,714,509, ‘The squadron under Admiral Mendez Nunez has been. reduced and will in future be composed of the ironside frigates Victoria, Zaragoza and Totuan, and the screw frigates Navas de iolosa, Concepcion, tlauca and Villa de Madrid, All these are to keep stationed in the waters: of Brazil and south America until such time as a pacifie solution be arrived at of the differences between Spam and the Pacific republics. The Tetuan is still here, an@ tho Villa de Madrid is shorty expected. The Numancia and the Almanaa are in Cadiz. Toe screw frigate Carmen sailed hence this moreing, said to have gone to Carthagena, to relieve the Gerona, 1 learn from # higbly respectable merchant of s trams- action which, perhaps, your readers will not be prepared to believe, and whioh, I must confess, I received wih ne slight degree of doubt myself. But the facts of the exes are these:—Notes to a respectable amount, signed by parties well known in this city from the nature of their transactions in former years, were offered a few days ago to one of our private capitalists for discoust. Upon the face of the notes, the term of time ana the amounts of ecg that is at all fener ia such us could doubt the nature or origin of them; nor could any one have the slightest hesitasom to pronounce the notes to be for ‘value received” tm “black chestoute,” as Africans brought into ae now significantly cailed among slave dealers s good deal of research and investigation I have been egsured, though with considerable reserve, that a siaver iS ug vessel) did are pear fifteen miles from taband some days azo. I could not possibly obtain peri iy: i ¢ Siete ioe this steamer. Now, ie the ‘notes ip question have any connection witn landing 18 more than | can say at present; ee own mind it is one and the same transaction, toe way, I bave further heard a rumor to the effect ae brig had been fitted out not long ago from some part of the Canary Islands or Spain for the ostensible purpose of conveying & cargo of siaves from Africa alter eight days out the vessel Asummons issued by the High Court the 16th was served on several men implicated in he landing of a cargo of siaves on the beach of Pozas, im the juridiction of Neither the name of the vessel nor the date wheo the landing is effected is ever disclosed in these citations, but it does not fail to cer- roborate that such landings eflected in this I . and, if they were of a very date past, the would take very good care to announce it publiciy, Bome days ago twelve coolies of the plantation Sam Gabriel presented themselves before the Licuteoams Governor of Guanajsy, declaring that they had attacked and wounded their taskmasier, himself a Chinaman, This would tend to prove not only a sort of conviction on their part that they were justified in so doing, bet appears also that itis founded ou a prevailing law im China which holds that when three or more persona unite to kill another they must bave ample cause ang reason for doing #0, and hence the law exonerat:s them from the crime, “there therefore, to be » simi- larity between lynch law and the Chinese jurisprudence, T am sorry to report the death of Captain Molt and the first mate of the American brig Lizzie Billings; bow died last night of the vomito, very few dayu’ siek- ness; they were already in a hopeless condition betere they applied for medital aid, as 1s but too often the casa, Thore are very few cases of fever now, but at this tee of the season they invariably cui fatally, The dite of heatth now issued bear an addenda to the following purport:—* There only occur cases of fever.” Im an epidemic form no disease exists at present, The weather is fine and the temperature cool and pereg: Fahrenheit, soventy-cigat degrees in the shade, ‘ How a Spanish White Editor Got Up the Daré& Blood of Some Cubans—A Duel That Did Net Come On. (Havana (October 22) Lae rs dence of the New Orienma ayune. Before my departure 1 several times had occasion te refer to the famous editor of the koows everything and better than the usual race of mam kind, and a bagnse be was formerly capiain of a mex chant vessel. This eradite and p>mpous editor has re- peatedly attacked your correspondent, gentleman left in charge during ones, although he bas, as # general re. kept within the bounds of a gentlemanly discussion of opinions and facta, Had he done so in bis other writings, he assuredip ‘would not bave placed himself in the uapl-asant predic- ament of being challenged to mortal combat by cortalm Cubans, who aro always ready to take umbrage at any dis) ing remark concerning either their habits, cus- toms or nationality, especially when proffered bya mam known to ve such a bitter hater of republics and repub- lican institutions as the ultra Spanish editor of the Prensa, 1 do not intend either to advocate or defend the barbarous and coctemptivle habit of fignting ducla, & Practice which ought not to be practised or exercl-ed im any civilized country, or by persons professing te be above the lower c! of mankind, yet must confess that there was hardly any other course tor the Cuban re~ terred to to pursue, and the different phases of tne deal between Messrs, Cardenal and Geipi, which did not come off, will long be remembered here as a test between Cuban and Spaniard, in which the former proved the vievor. Owing to a certain gl elec io he ee. Oe was sent by Mr. lenal, who de manded a rotraction of the article in Cory) refleckag on the Cubans, or else mest him on the field of honer (, The foliowing ia a copy of the letier:— To tae Diascror or tue Prevsa.—Haring seen in the number of your journal of the 2#uh all, a leader. in the Laat P you assert cum ing to settle here can we contribute to increase the poj tion, progress in elvilization, aud. b Beaome, white, grad aD 4 cau & profound see- salle of semmaets we therefore deem it er that should give us sume explanati ‘ich bo! selves may deem pertinent, in o: it Dot be the means of leading to erroneous supposition end 80 that everybody may know what opinions the editor of the Prema bas ormed avout the country, (he same being espe- claliy desired by your obedjent servant. ‘ No immediate reply to the forego! vouchsafed by Mr. Geipi, the of Mr. Sarleat feds couple of interviews with tne editor, the result of wi ‘was not at first entirely satisfactory, but ended at last iu a promise that a ‘and complete retraction of the offensive remarks should be pubiisved ia tue Prensa; but this promise was not extorted irom him uotil he hag received the chail from Mr, Cardenal, when, Later deeming prudence the better part of vaior, he con: A new difficulty, however, arose; the censor would net pod the insertion of Mr. Goipi’s reply, whereupom jenal of the deci Pe a yt Sipinte aoa. was y BRAZIL. Resources ef the Empire—Its Imports and Exporte—Who Ite Best Customers Are— tg Ruo Jamo, Sept, 26, 1868. Igive you the following statement, condensed freas official sources, to show the readers of the Heaane em what the future prosperity of Brazil is predicated :— ‘The general revenue of the empire, which, in 1624 amounted to $3,110,111 27, in 1846-47 was $13,813,963 405 in 1865-66 rose to $31,500,773 56. The import and ex- Port duties accompanied this increase in the follo: manner:—In 1846-47, $10,238,695 63: in ina a $22,110,500 89, The value of merchandise imported Fectly from toreign countries was as follows :— General Merchandise. 1845-46. 1865-68, 261,681. 4 4 4,812,278 540 5@ s fea @o Petry 4 00 Poa 363 8@ oO 632 60 rdware. 60 1,921,113 © ee a0 1,432,150 68. Butter 60 1,162,314 66 , hyped tiquors. 608 OO 829,332 68 joots and shoes. 224 00 705,200 6@ silk fabrics... . v0 787,700 09 Glass and China ware, 50 Gold and silver works, Thi $56,904,949 60. Great Britain ranks as the first in the list of consumers of Brazilian products, the United S.ates as France third, River Plato republic fourth, ith, ‘The internal reve in 1846 to 1861, $4,911,304, has also largely increased, bett 136,601, and’ tn 1901 to) 1806 Tuo stamp duty, which im 1845 to 1848 roduced only $825,267, in 1805 to 1866 rose to $1,115,611, Of commorcis! houses tuat pay taxes 26,775 are Braal- lians and 19, 102 foreign, ‘The annual tax of each individual, basing the calcula fy ay soni inhabitants as per last censum, is only about $2 19, P From the foregoing it will be seen that if true patriot | ism should aways preside over the conucii# of the fathers of the coaniry, the furure of Brag may be @ Dilitiant one. What is wanied is inverligeat labor, which { can be supplied only by judicious tuimivration—oot | Omigration, a& tao Word is Very offod Ungrammationlly written. .