The New York Herald Newspaper, July 2, 1868, Page 7

— is required to instal into office candi- elected by the people; that a brigadier Alabama has punished private soldiers for their political opinions of General it; that Florida and Arkansas are liable Congressional condemnation for con- in daring to elect members of Congress the military and radical consecrated ictors in Washington have decided upon the ‘method of doing so; that a popular Governor ‘of Mississippi has been thrust out of his office fat the point of the bayonet because he has Presumed to inaugurate civil authority in de- Bance of military force. The radicals, in view 90f the peril their policy stands in before the peo- le, may contemplate some measures of tem- relief to the downtrodden people of the uth. They may, for instance, order the ithdrawal of the military and at the same ime instigate the blacks to acts of violence, to urder and rapine, upon the pressure of which ey think the whites will be glad to have itary rule again introduced. But we are irm in the conviction that if the South is re- leved from the pressure of the military arm e will be able to take care of herself, be petent to maintain order, enforce the laws nd ina short time resume her position in all jthe majesty of her former social status and political power. But the atrocious process of onstruction now gving on will keep her k for many years, if the people shall ot arouse themselves, and, looking to the {common interests of the whole nation, elect a ‘an like Chief Justice Chase to the Presi- lency, who, with a right-tempered Congress back him, will see that the South shall no Jonger be trampled upon, but restored promptly 0 all her latent rights within the bonds of the Dnion. Alaska=Speech of General Banks. The speech of General Banks, Chairman jot the Committee on Foreign Affairs, e the House of Representatives in sup- ‘port of the bill appropriating seven million wo hundred thousand dollars, in pur- ‘Buance of the treaty stipulations of the pur- ‘Chase of Alaska, or Russian America, is the ‘epeech of a statesman who thoroughly under- Stands his subject. The Territory, in its pro- ‘Gucts and commercial resources, he clearly Bhows, from well established facts, is a bar- gain; but in view of an indefinite enlargement our commercial relations with the great pire of China and the Oriental nations and fslands of Asia and Australasia, lies the strength his argument. In the Aleutian chain of lands—part of the Alaska purchase—we have line of telegraph stations across the North- Pacific to Asiatic Russia and to the Koorile lands, Japan and China. The Chinese Em- assy, under Mr. Burlingame, and the mag- mere international relations to which it is |, are thus brought broadly into the nd. If the government of the United 3 would command the immeasurable com- 1 advantages offered the Christian world f this enlightened Chinese Embassy, the purchase of Alaska with this connecting chain of islands is forcibly presented by General one of the wisest of measures. He shows, too, that it is no less important in view ‘of the maintenance of our good faith and ami- Yable relations with Russia; for while so long sour present and past good understanding fi preserved with that empire our influence will he all powerful in shaping the foreign intercourse of China and Japan, we shall, on the other hand, be comparatively powerless if Russia should be drawn over to England and France against the United States in regulating the Mnternational affairs of the Chinese and Japanese governments. In all these aspects of this Alaska purchase the speech of General Banks is a powerful ar- gument for the proposed appropriation. He gives us, in this connection, too, the best argu- ment that has been presented, next to that of Minister Burlingame himself, in behalf of a cordial understanding with the Emperor of ‘China on the basis suggested by this Embasey. ‘The idea of a general convention of this sort between the great Christian Powers and the (Chinese empire, we believe, originated with Bir Frederick Bruce when Minister of England near the Court of Pekin. That idea has been put into practical shape, under Mr. Burlin- game's suggestions, in this extraordinary Chinese mission. Mr. Seward, in his letter to the late New York dinner party, treated the subject rather fippantly, and his friend, Mr. Evarts, in his jokes and witticisms, failed en- tirely to grasp the subject; but nevertheless the grand design of the Chinese Emperor will prevail. This Alaska appropriation covers the game idea, and so conclusive do we consider the speech of General Banks in behalf of the bill that we have no doubt of its success. The gemarks of Mr. Washburne in opposition to the purchase are only distinguished for their contracted views. There is nothing of the statesman in the composition of their author, and all that he can say against a measure of such importance as this will not gainsay the fact that this territory is, and will always be, of groat value to the United States. The appropriation is but a trifle, all things consid- ered, It is only a few millions invested for a return of hundreds of millions in the future, as in 1869, with the completion of the Pacific Railroad, the dullest scholar will begin to nn- derstand. Tak Cask Movemesr ix tie Crry.—It appears to be carrying everything before it. The democratic delegates to the Convention from all quarters of the Union seem to be rapidly falling into line with the democratic masses of this city in behalf of Chase. His nomination begins to loom up as the inevita- ble grand result of the Convention. Tax THe BoxpnotpErs.—Why not? Equal rights even in taxes is nota bad idea, Let the Democratic Convention proclaim the taxa- tion of the bondholders and put Chase upon this platform, and he will stand the fire. YACHTING NOTES, The yacht Mattie, of the Bayonne Yacht Club, has een matched against the Martha, of Brooklyn, to Bail on the 11th, 18th and 14th Inst., for $500 each face, The first race will come of in the pay of Salter- Ville, around buoy No. 9, the second from Gowanus bay. The yacht Magic, from a cruise from the eastward, arrived Tuesday in Flushing bay, and was unable to Come to the city on account of head winds bemg ight. SvicipR.—About eight o'clo Feehan, of Vandewater str Fast river and was drowned. The Jeon recovered. & Inat night Dennis umped off pier 37 oly has not yet NEW YORK HERALD, THURSDAY, JULY. 2, 1868—TRIPLE SHEET. TELEGRAPHIC NEWS FROM ALL PARTS OF THE WORLD. Telegraph Banquet in London and Toasts by Electricity. THE LEGISLATIVE MUDDLE (N LOUISIANA. The Military on Duty to Prevent Disturbance. ENGLAND. Telegraph Extension—Banquet to Cyrus W. n—President Johnson’s Tele egram' to the Duke and Savans. Lonpoy, July 1, 1868, According to previous arrangement Mr. Cyrus W. Field, of New York, was entertained this evening at & grand banquet given in his honor by some of the most distinguished personages in the land, as an ac- knowledgment of their apprectation of the valuable services which he has rendered to the eause of science in the extension of telegraphy and the con- necting of the Old and New Worlds in instantaneous communication through the Atlantic cable, in face of many obstacles, doubts and difficulties. The entertainment took place in Willis? rooms and passed off in very fine style; with magnificent music, flags and room decorations. Quite a number of ladies were present and over three hundred persons were inthe room. His Grace the Duke of Argyll presided; the Right Hon. Earl Russell, K. G., F. R. S.; the Right Hon. Sir John Pakington, Bart., M. P.; the Right, Hon. Sir Stafford Northcote, Bart., M. P.; John Bright, Esq., M. P., and others taking a prom- inent part in the proceedings. The Executive Committee was made up of Sir James Anderson, Messrs. Charles Burt, J. W. Bushby, F. W. Chesson, W. Fothergill Cooke, Robert Dudley, Captain Douglas Galton, C. B., R. E.; Cap- tain Sherard Osborn, R. N., C. B.; Philip Rose and the Hon. E. Lyulph Stanley. The tables were arranged with much taste and bountifully supplied. After due attention had been paid to the viands the Duke of Argyll proposed Mr. Field’s health, to which Mr. Bieid replied as fol- lows:— My Lorp DUKE—With all my heart I thank you for the kind words which you have spoken, and which are the more gratifying to me, coming as they do from one who was my country’s friend in the hour of darkness and scene disaster. To you also, my lords, ladies and gentlemen, I equally re- turn my thanks for the cordial manner in Ades fe have received the generous sentiments exp! by your ep ory President. Most sincerely do ‘wish that! had the power to express to you all that I have it in my heart to say and to make m voice respond to the titude I feel for all the kind- ness I have received this country. I know how anxious you are tohear the statesman who so ably presides over the affairs of india—that great orator, who is the friend of America because he is the friend of mankind—and the other distinguished gentlemen who are to follow him, and I will, therefore, not detain you with any I ed remarks in the Atlantic telegraph, wi year of varying fortu: nor with any account he anxtous days and s! t of nights which have in bi by round board; the laborious tions in the closet, the and beneath the sea; Atlantic; the careful facture of the cables; the won ive me- chanical api liances used to lay them, and to receive and complete the one that was lost; the skilful sea- manship exhibited in the sure guidance of all move- ments of the vessels; the ui enterprise of the capitalists, without whose profuse expenditure the tic cable would still have remained a chimera. The ability with which the affatis of the several com- nies were conducted by the directors and officers, the generous aid of the age and American gov- ernments in connection with the successive expedi- tions, and that of the government of Newfound. land in granting valuable privil &@ word, the unexampled combination of naut electrical, en- neering, fi and executive resources. All is is best told by the simple fact that two cables are in perfect working order across the most stormy ocean in the world, a distance of nearly two thousand miles, more than two-thirds of which*ls over two miles in depth, and that messages are passing with lightning speed from continent to continent. That the enterprise has also been a pecuniary success 1s best proved by the fact that on this very day the holders of every description of Atlantic Telegraph stock have received a dividend. Of the men who gave active aid to the perfecting the triumph of science the living are too numerous to particularize, and the names of many of them have not yet reached us. But I may be excused if I pay my reverent tribute of gratitude to the memories of those who have depai from among us, but who live and will ever live in their works. In doing so I greatfully record the honored names of Faraday, Stephenson, Brunel, Brett, Statham, Woodhouse, Brown, Bache, Berryman, White and Hudson, who labored so a and who would, ff living, have rejoiced to be with us to-night. But the past isa matter of listory. Let us do all we can in the future to make the fruits of our experience beneficial to the world. Do not, my friends, be content with having connected Europe and America together by the electric cord, but remember that India, Australia, China and Japan, South America and the isles of the both in the East and the West have vet to be brought into tstant communication with Bngland and America. 1 most fervently thank God that you have been permitted to live to see thia en’ which binds your country to mine completed and that I am privileged this night with some meinbers of my famlly to meet our English friends and with them to over its success. 1 rejoice because the cable into closer union the two great Anglo-Saxon nations of the world, which have a common origin, inherit the same glorious traditions and are so bound her that if one were to receive a blow both would suffer from the shovk, 1, an American, feel pride in remembering that my ancestors were English citizens and lived and died under your flag; and do not ali true Englishmen glory in the fact that the small expeditions which sailed from these shores some two hundred and fifty years ago, and settled at Plymouth and on the banks of the James river, were 80 multiplied and replenished that at the time of the Declaration of Independence the original handful had increased to three millions of people, while in less than a century the three millions have grown into a nation of thirty-five millions, and now, thank God, not one slave among them, with a terri- tory extending from the Atlantic to the Pactiilc, from the St. Lawrence and the great lakes to the Gulf of Mexicof There are, undoubtedly, many now within hearing of my voice why will live to see within the limits of the existing United States a hundred mil- lions of ple all speaking the English tongue. While, when I think of the greatness of England, I always remember the words of the American orator Who said that “She is a Power to which Rome in the hel of her glory 18 not to be compared; a Power which is dotted over the surface of the whole globe with her possessions and military posts; whose morning drum beat, following tl mn and keeping company with the hours, circle the earth in one continuous and unbroken sttaln of martial airs of England.” To this I would add the hope that ere long every one of the numerous aud scattered depen- dencies which s ted to Daniel Webster the nobie figure which America has enshrined in her classics, will be united to the mother country by the electric bond, and that it may bein the power of the Sovereign and her Ministers or the Merchants’ Excnan, tw hold — instantaneous converse with all or any of the races, nations and tribes which yield obedience to the mild sceptre of the good Queen Victoria. | pray that hereafter no jeal- ousies may be allowed to create a wall of separation between England and America; that all the ili feel- ing that has been engendered between the countries may be buried so deep in the Atiantic that the inge- nuity of man shail never invent a frepple to drag it to the surface; and that the only rivairy between them shall be the rivalry of coworkers in efforts to promote peace, industry and commercial inter- course and to extend the blessings of civil and reli- gious liberty throughout the world. Cable Toasts, The following despatches were sent and received over the Atlantic cable in the course of the even- ing:— DUKE OF ARGYLE TO PRESIDENT JOHNSON. WILLis’ Rooms, London, July 1—Evening. lam now surrounded by upwards of three hun- dred gentlemen and many ladies, assembled to do honor to Mr. kn Ad . iereehie s be exertions in promoti el ic Cl on between the New and Old World. It bids fair for the kindly influences of the Atlantic cable that its suc- cess shouid have brought together so friendty a a ing; and in asking you to join our toast o ong life, health and happiness’’ to your most worthy gen tleman, let me add a Highland wish:—“That England and America may always be found in peace and war shoulder to shoulder." SECRETARY SEWARD TO THR DUKE OF ARGYLE. To his Grace, the Duke oF ArGYLR®, London:— Your salutation to the President from the banquet ing hall at Willis’ has been received. The dinner hour here las not arrived yet—it is only five o'clock. The sun is yet two hours high. When the dinner hour arrives the President will accept your pledge of honor to our distinguished countryman, Oyrw W. Field, and wil! cordially Peapond to your Highland espiration for perpetual een the two na- tions, WILLIAM i SEWARD. a PER 70 Naw Yons, July 1, 1008, To the Duxs oF Angrt, Willis’ Rooms, London:— ie Riek Ea Hy ett ea services of associate oyras . Field, are re- Cognized as have been Te bognized in shar © leave to join you in him, and yy trust that his claim to the gratitude of the world will be found to ¢ establishment of a communication consist which will bind together the nations in universal and perpetual peace. PETER COOPER, President. THE DUKE OF ARGYLL TO THE GOVERNOR GENERAL OF CUBA. ILL1s’ Rooms, Lonpon, July 1, 1868. the GOVERNOR GENERAL OF CUBA, AS president of a banquet attended by upwards of three hundred gentlemen to do honor to Mr. Cyrus Fieid, of Sew York, for his eminent services in assist- ing th: pr motion of the Atlantic telegraph, I invite youto ,..n im the compliment offered to him this day, and to ask you, while drinking his health and happiness, to add the good old Spanish congratula- tion, “May he live a thousand years."" THE GOVERNOR GENERAL LERSUNDI TO THE DUKE OF ARG HAVANA, July 1—6 P, M. Seflor Dugu® DE ARGytt, Wills’ Rooms, London:— Uno gasteso mi felicitacion y mi voto ala felicitacion y al brindis de Y. F. pronunciado en este momento en honor de Mr. Wyrus W. Field por sus eminentes servicios prestados para el establecimeento del tele- grafo Atlantico y al saludar a esa honorable concur- rencia. Pido al cielo que conserve a tan lustre varon y que vivan VY. muchos afios. LERSUNDI. THE GOVERNOR OF VICTORIA, V. t., TO THE DUKE OF ARGYLL, Vicrorta, June 28, ! Via SAN JUAN ISLAND, Jilly 1, 1863, His Grace, rHk DvKR oF ARreytL, care of G. TH. MuMFoxp, San Francisco:— Columbia joins heartily in the cheers with which the toast “Cyrus Field” will be received. We owe much to the telegraph. Three days’ news from Eagland; instantaneous communication witn gold mines six hundred miles distant, thus our strength is virtually doubled. Weather fine here. Mines and farms flourishing. Wages high. Revenue im- proving. FREDERICK SEYMOUR, Governor. THE DUKE OF ARGYLL TO THE GOVERNOR OF VICTORIA. WILLIS’ Rooms, LONDON, July 1, 1868, His Exeellency the GovERNoR oF VicToRIA, Van- convers Island:— Tam President of @ banquet of upwards of three hundred wee gentlemen met to pay a homage of respect to Mr. Cyrus Field, of New York, for his exertions ia promoting the laying of the Atlantic cable, Its success enables the Old World now to talk to the New, and we shall be gratified to find that English colonists, divided from us by thousands of miles, are ready to join in so worthy a compliment to an American citizen, and ask you to drink his good health, MR. MORSE TO THE DUKE OF ARGYLL. To lis Grace the DUKE OF ARGYLL, Willis’ Rooms:— Greeti to all met to perform an act of national justice. May this divine attribute ever be the com- panion of the telegraph in its true mission of binding the nations of the entire world in bonds of peace. Special f pyar} to the guest, to Cooke and Wheat- Stone, toSir Charles Bright and to Whitehouse. SAMUEL F. B. MORSE. THE GOVERNOR OF CALIFORNIA TO CYRUS W. FIELD. San FRANCISCO, Cal., July 1, 1868. To Cyrus W. FIELD, at the banquet, London:— The Governor of California presents his complt- ments and congratulations, H. H. HAIGHT, THE GOVERNOR OF OREGON TO CYRUS W. FIELD. ny SALEM, Oregon, July 1, 1863, Cyrus W. Freip, London:— The people of Oregon salute you as the world's benefactor, and offer you their hands across the waters as a token of their high appreciation of the services which you have rendered to mankind. Let our kindest wishes o your behalf be our representa- tive at your meeting. GEORGE L. WOODS, Governor of Oregon. WILLIAM ORTON TO THE DUKE OF ARGYLL. New York, July 1, 1493, The DUKE OF ARGYLL, London:— The Western Union Telegraph Company ask per- Miasion to so far tictpate in your festivities as to add their hund thousand miles of wire to that which is represented with you to-night in paying a grateful tribute of the tei ph to one who has been mainly instramental tn jeving its final triumph. Your courtesies to one American citizen we claim a3 compliments to and evidence of friendly regard for all. The tel » Which is bringing ail peoples within the universal peace than diplomacy, aad idl "0 = mak- Ing democrats of al, ‘Health aad tong tite to Jour Grace and a cordial hen guesta and 1s, WILL ORTON, Ww His Excellency Havana:— |, President. FRANCE. General Napier in Paris. Panis, July 1, 1368, Major General Str Robert Napier, the hero of the Abyssinian war, arrived in this city yesterday, and is the guest of Lord Lyons, the British Minister. He is received everywhere with the greatest enthusiasm, He will be created a peer on his return to England. United States Naval Suit. Paris July 1, 1568, ‘The long contested suit of the United States versus Messrs. Armand, shipbuilders, of Bordeuax, build ers of rebel American iron-clads ordered for the ser- vice of the Jeff Davis government, was again before the High Court in this city to-day. Mr. Berryer, a3 counsel for the United States, “opened the case. He charged the Messrs. Armand with having violated their own pledges and with acting in bad faith toward all parties. By their conduct they had exposed France ata critical mo- ment to the risk of war with the United States, He recited the facts of the case and went on to show that the allegations that efforts had been made to sell the vessels built for the Confederate government to other Powers were, a8 he alleged, false, He de- mauded that all the contractors, builders and others concerned in this business shouid be compelled to refurd the money stolen from private pockets. The Advocate Geueral will reply ‘o Mr. Berryer on the 8th inst. The Budget Debate. Pants, July 1, 1968, In the Corps Législatif to-day the debate on the Budget was continued. M. Thiers made a speech, in which he deplored the military preparations which were still going and feared the outbreak of war and consequent national bankruptcy. GERMANY. Minister Bancroft’s Treaty Negotiations, Beri, July 1, 1868, Some Americans in Wurzburg, Bavaria, have pro- tested against the fourth article of the Naturalization ¥ with the United States just ratified by Bay ria, They say that the construction given to the ar- tiete by at Bancroft is not sustained by the text of the treaty Steamship Travel to America, Bremen, July 1, 1863, The North German Lloyds Steamship Company are avout to build two additional steamers for their Bra- men and Baltimore line, with the intention of mak- 7. ing the trips between those ports fortuig! MISSOURI. oe ehe co and Whiskey din. St. Loves, July 1, 1968, « The steamer sam Gaty, lence for Omaha, when opposite Arrow Rock, Mo., struck @ snag and ca. reened ao that the lamps upset and she took fire, burning to the water's edge. The boat and cargo are atotal loss. The boat was owned by Captain Ben Johnson and Fred Osier, The value and insu- Tance were not ascertained. William H. Powell, who waa until recently a gov- ernment tobacco Inspector in this district, and who was arrested aday or two ago charged with con- spiring with several tobacco manufacturers to de- fraud the government, was arraigned to-day before + ay tates Commissioner and held in nds Since the investigation of tovacco frauda haa com- menced here the quantity of tobacco reported and inspected by one inapector aione hag increased from seventy thousand ponnda in April to one hundred and fourteen thousand pounds in May. During the past month proceedings have been in- stituted in the United States courts against eight hundred barrels of distilled spirtta, Mfty-seven bar- reis of alcohol, two thousand six hundred and twenty-seven caddies of tobacco and four tobacco factories, including the machinery, &., worth many thousands of dollars. FLORIDA. The Geverser Hlect Instailed Under General Mende’s Order—Cesention of Military Rule in the St TALDAMASSE, July 1, 1968, Governor Reed received the surrender of the State government to-day from Governor Walker, in com- pllance with an order from Generai Meare. According to General Orders No. 92, from Atlanta, dated yesterday, military rule ceases in ‘his Statey and commanders of sub-districta are ordered to ab stain from interference wit! the civ! law upon any pretext whatever. y AS no appointments have been mute for the State and county officera the olf ones will liolt over till the appointments by Governor Reed aud their con firmation by tho Legisiature, which meets ou the 1 tmat. LOUISIANA. Warlike Demonstrations by the Military= The Test Oath Finally Suspended in both Branches ef the Legislature—Democratic Members Swearing La. New ORLEANS, July 1, 1363, This morning, before the hour for the assembling of the Legislature, a section of artillery and & squad- ron of cavalry, prepared for service, occupied La- fayette square; two companies of the First infantry, commanded by Captain Veile, occupied the sidewalk fronting Mechanics’ Inatitute, and @ large body of Police'was on duty in and around the butiding. No one was allowed to approach who could not give a good account of his business, ‘The appearances indicated that trouble was expected. Colonel Gentry and General Neil, of General Buchanan's staff, also were present. The Senate was called to order at a quarter past tweive. But few democrats were present. The roll of only the members who took the test oath, includ- ing Mr. Campbeli, who was seated yesterday, was called, After the minutes were read the committee to which Gener... Buchanan's order was referred yesterday reported that they were of the opinion that the action Of the President in reqniring mem- bers to take the test oath should be fully sustained. A due respect, however, to the wishes of the General commanding the armies of the United States induces the committce to recommend a discontinuance of the test oath, and that hereatter members be allowed to qualify in ordance with the constitution of the State. A motion that it created consider tabled. The report was adopted as it came from the committee. A motion was made that the roll furnished by the Commanding General be called, all the members wishing to be sworn in under the constitution, In calling the roll the mame of Mr. Sambola, ousted yes- terday by the Election Committee, was omitted, though he presented himself to be sworn in. Fifteen democratic Senators took the constitutional oath, Several motions were offered, when Mr. Lynch called attention to article 159 of the constitution, which states that no action of any kind can be taken by the Legislature until the action upon the four- teenth amendment. The Committee on Elections and Credentials were discharged, on motion of Mr, Ray, im order that a new one might be appomted, in which the demo- cratic side would: be represented, The Senate then journed, ir. Sambola will probably take his seat to-mor- Tow, and the contests for seats proceed regularly. The House proceedings were of a similar nature, but showed more opposition to diapensing with the test oath. Only the names of these who had pre- viously taken the test oath were called on assem. bling. Subsequently, when the roll was called of those elected who had not qualified, but three quali- fied under the constitution, but more will provably do 80 morrow. The House was permanently organized by the elec- tion of Charies W. Lowell (white) Speaker. The House adopted the joint resolution rattlying the fourteenth amendment by a vote of fifty-seven yeas to three nays. A resolution offered by Mr. Pope W. Noble, one of the three democrats who qualified, that the roll of members, as returned by General Buchanan, be called, and that members qualify whether their seats are contested or not, was tabled, It was resoived by the House that those not dis- qualified by the fourteenth amendment or article ninety-nine of the constitution, or wiiose seats are not contested, be allowed to take their seats, It is stated authoritatively that the application for the presence of the military to-day was wade by two democratic Senators elect. VIRGINIA. Non-Payment of the State Debt Interest— General Stoneman to Take the Matter in Hand—The Credit of the State to Be Pro- tected. RICHMOND, July 1, 1868, The fatiure of Virginia to pay the semi-annual in- terest on the State debt due to-day has caused a great depreciation of the stock held here and in New York and other Northern cities, and the tn- ability haa in various instances. been placed upon political grounds. This, however, is not the case; but General Stoneman, assuming that the debtors of the State have the ability to pay their indebtedness and wil! not, has taken the matter in hand with a view to the payment of the semi-annual interest at an early day. He will require the various cor- porated companies of the , Such as raliroads canals, &c., in which the State has an interest, to pay forthwith their dues, and this, with $200, 000 already in the Treasury, he su will well ni Pp tne July interest. For tho” ‘ance he wil juire tho State government to ate a loan with Now York capitalists, which, aa di jot commander, will be oMcially endorsed by him. Thus he expects, probably by the 1st of Ai , to pay off the $750,000, interest due to-day. loan will be had, he alleges, without making of the State indebtedness, Many ascribe the non-payment of the interest to the expense of the late Constitu- tional Convention, which, betng only $140,000, it wilt be seen was not the primary cause. The caloula- tions to pay interest were based upon the estimated receipts from arrearages of taxes, amounting to $250,000, and an income from the Icense taxes due in May of upward of $400,000, which calculations have proven erroneous. These resources may yet come in to the ald of General Stoneman and hel him through with his laudable scheme to protec the credit of the State. MISSISSIPPI. The ElectionLarge Majority Agninst the Constitution, Jackson, July 1, 1868, Forty-seven out of sixty-one counties return @ Majority against the constitution of 13,966. Four of the remaining counties will return majorities for the constitution, No case of violence bas as y¢ reported from any portion of the State during the election, This county, with a registered black ma- Jority of 1,700, gave but 829 radical majority. Lowndes county, witn @ registered black majority of 3,000, returns Sut 1,200 radical majoriiy. MASSACHUSETTS. The Receut Bank Defalcation ia Boston—states ment by the Prosideut=—Preseut Coudition of the Bank. Boston, July 1, 1868, Mr. Harwood, President of the Hide and Leather National Bank of Uuis city, publishes a statement re- garding the defaications, in which the loss ts placed at $575,000, a4 previously reported, He says that the bank has lost nothing by loans, and has earned all the dividends declared; that the late cashier, who was formerly bookki T, continued to elude the vigilance of officers of the bunk by false entries and forged balances, by forging statements of bal- ances purporting to exist between them and banks with whick accounts were kept, and by falsifying accounts df individual depositors. Under advice of hia counsel on the nding trial of the accused par- ties Ive forbears giv! ng details, but adds that the di. reotors owned eleven hundred and fifty-six shares of shock when suspicion first fell upon the cashier, aud t not sold a single share since. VERMONT. rr axe a4 ‘ btican State Convéition=Renominas tion of the Present State Officers, BuRLINoTON, July 1, 1868, The on Tepublicans of Vermont held their State Convention here to-day. The State was well represented. Major Wilitam Rounds, of Cheater, was chosen President and one Vice President from county was nd The present incumbents of State offices were re- nominated by acclamation, to wit:—John B. Page, of Rutland, for Governor; Stephen Thomas, of West Fairle, for Lieutenant Governor; John A. Page, of Montpelier, for Treasurer. G. Ww. Grandey, of Ver- nnes, and Horace Fairbanks, of St. Johnsbury, were nominated as candidates for Electors at Large. G. W. Grandey, W. G. G. Benedict, B. D. Harris, Ked- fleid Proctor, Rossville Farniam, S. Epingree, W. W. Grout and D. R. Bailey were reappointer State Committee, The R as the The Committee on Resolutions reported a resolu- tion approving the nomination of Grant and Colfax, endorsing the platform adopted at Chicago and as- aerting that a republican government ia the only one in a all people have equal civil and political 18. e Convention was addressed by T. W. Pee Chairman of the Vermont deiegation to Chi W. Willard, General Stephen Thomas and E. dington. A resolution was adopted urging rough canvass of the State In order to cure @ arger republican majority than ever before at the September election. The Convention was harmonious and enthiuatastic. Destructive Fire in Rutland, Vt RUTLAND, July Another destructive Ore occurred here this mora ing. All the buitdinigs—Crampton’s block, on Mer- chants’ row, to the Hera? building, oa Centre atreet—Were destroyed. The total lusa is about $75,000. There were insurances to the auioun’ of 50,00. CUBA plligence 1, 1888 aad o Commercial and Marine to Tavana. d “Burt, of Marquette. MICHIGAN. ee Republican State Convention—H. P, Baldwin Nominated for Governer. Derxorr, July 1, 1868, The Republitcan State Convention met tn this city to-day. Mr. H. P. Baldwin, of Detroit, was nomi- nated for Governor; Morgan Bates, Lieutenant Goy- ernor; Dwight May, Attorney General, All the other State officers were renominated. The electors at large are Charles W. Craswell, of Lamarree; John A State Central Committee of thirteen was chosen, of which John J. Bagley, of De- (voit, ia chairman. Opening ef the Seavou—What They Think id Do and Say at Indien Harbor. Out on a jut of land, near the pretty village of Greenwich, Conn., topping a most unique collection of rock and set against a background of m ost luxu- riant foliage, stands thogroup of houses comprising the summer resort of the Americus Club, This club comprises a century or goof the poiltical lights— great and small—of all parties in the metropolis, and these, escaping trom the blaze and bustle, the drag and dazzle, the excitement and’ exertion of official cares and party combinations, betake them- selves during the summer months to this lovely spot, which geems by nature adapted for just such a pur- pose as that to which tee Americus Club has de- voted it. Some dozen or more yeara ago a party of itvely New Yorkers prospecMag on the Sound pitched a tent on this point, and’ perceiving how admirably it waa suited for camping purposes determine to secure it, This they effected after a while, and by degrees the Americus Club became an institution. Year after year additions, alterations and improve- ments have been eifected, until uow it presents all the desirable features of a genuine rustic retreat and seaside homestead. Yesterday the season was formally inaugurated by the members of the club, who flocked thither, anx- tous to escape from the turmoil of city life, and to enjoy for a time the beauties and the festivities of the retreat. The influx of delegates from other parts of the country to the city detained many of the lead- ing members in town, so that, although quitea goodly number were on hand, the opening could scarcely be said to have taken place. Those who were present entered at once tnto the spirit of the locality, and the really democratic style which has ever characterized the club was fully developed. A jaunt to Greenwich and then a ride along a truly rustic and, in many respects, “rusty” road and the precincts of the club were reached. Of course all the pi ‘ations for the season had not beengcompleted, and “Camp Grafulla,” the spiritual refreshment de- partment, which during the past year has grown some eight or ten feet taller, was the scene of par- ticularly busy preparation. Van Arsdale, chairman of the Hanging Committee, was placing the speci- mens of art in appropriate positions. The portrait of ‘The General” mounted on a prancing steed was hung facing the sideboard, so that the well stocked shelves would be continually under his eye: while over the resting place of the “spiritual” comforts a fine picture of the yacht Henrietta was hung, with particular directions that It should not be considered 43 a hint tothe effect that those approaching the sideboard were expected to “go it"? as ‘fast’? as the pictured craft could.do in its own way. Over the entrance to the General's private office and over the door of the wine room, each opening from the saloon, were flerce looking tiger heads, and around the apart- ment were hung several pictures of yachts and scenes from club life. See ee Sey, arrayed and baptized a trip was taken around the premises and the alterations noted. The paths throughout the grounds have been liberally pebbied; the houses and platforms all newly painted and put in order for the reception of guests during the season. Besides Camp Grafulla, there are two other buii known as the main building and the library. In the former are the re- ception room, ee kiton larder and parses 4 the a and in the latter ren ee appointed library and sleeping Spartmen' for the ests. The additional story which Camp Grafulla as gained during the past year is devoted to the purposes of a card and chessroom’ and is very neatly and appropriately furnished. From the porticoes of the houses the view 1s really magnificent. Stretc! up and down as far as the there with tiny cratt listening in tho sunig ‘op ere sua! gong the grounds is pretty little spot belonging the club, known as Tweed Island, end some dozen or more mites across the Sound may be discerned Long Island, with the white-lined beach of Oyster pote sy mone the e picturesque juts or inlets of Westchester county are in full view, and to the left the Connecticut shore may be seen for some distance. The members of the club [nag yesterday, divested of their shining and stylish city “store clothes,” and clad in the uniform of the club—blue pea jacket, blue woollen shirt and pants and rough straw hat— after admiring the execution of the ‘hi com- mittee” and applauding the arrangement “The General's” headquarters, sat around on the jazza of the camp, and sipped the cool, from stone mugs, or blew oami — ‘clouds democratic looking meerschaums, ¥ laughed and talked and joked about the topics the day, carefully eschewing, for the time being, all local party polices or antipathies. O£ course the chief topic waa the probable candidate for the dem- ocratic nomination for President. Alderman Cuddy blew outa mazy cloud and then quietly asked, “Who'll be the democratic candidate? “Well,” said one of the guests, in reply, “as oll Billy Miner sald a few days ago when we were helping him to sit up—he's pretty much aMicted, now with that in- fernal rheumatism—‘Well,’ says Billy, ‘Tom, how's Chase?’ ‘Oh! he's well spoken of.” ‘All right,’ said Billy, ‘I'd like to have Seymour, but I—I—I want to win, | want to win!’ “Yes, that’s about the way the matter wil! lay,” quoth another of the group; while still another thought that the only Fag 3 pol- icy for the democracy would be “to. break away trom old party lines and show an inclination to recognize the new features that circumstances had developed.” The general tenor of the conversation on that point seemed to favor the nomination, of Chase; but for Vice President no choice could be found, and each one shook his head and said, either by words A open haven't the slightest idea who the man During the day, from time to time, parties dropped in, and before evening a pleasant little coterie was formed. The yachts Tweed, Cornell, Sweet Willtam, and Untt—the latter having been in the hands of the “framer” during the past few daya—were rigeea and started out for a skim around the neighber- soe ree caus te oe tee So ens the late vi eorge Mann, ing ever; & good natured akipper, with ox-Clerk igwery and Vanderbeck, one of the pioneers of the club, manned the “Tweed,” and beta on board some of the guests and General Grafulla, who leaned attentively on the side to catch from the ripples some iar note to grace & new qutokstep, enjoyed for a while the beauty of the sport. Haggerty, standing on ithe deck at the bow, was heard to exclaim “Rocks, old boy !* and this pecullar familiar plirase called the at- tention of the others to Alderman Cuddy, who, in his efforts to rival Hamiil’s time, had rua the “Tiger’’ in which he was rowing high on @ moss covered rock. He got off again without sustaining much damage, and the party returned to the house, where the rqatund Commissioner Owen Brennan stood gaz- ing into the water—and clad in the club untform he looked the picture of a ‘Yolly old waterman”—and with him Supervisor Roche, having the general ap- pearance of a natty yaclitman more than that ofg ——— county ee ae « t is almost needless t nat i 20 * ve any that the meals, which {OOK piace at St ay tMifervals, were duly and fully at- ende’, and that the work of the “culinary artists” ‘Was appreciatingly discussed. From now until next fall the club house and grounds will be the acene, no doubt, of many pleasant reunions, and the exhilarat- ing natura! atmosphere and the atmosphere of socta- vility which surrounds the place will be taken ad- vantage of by many of the leaders of the metropolis and the nation. A correspondent of the Hannit Mo.) Courter says that a New York colony at Osborne, De Kalb county, on the line of the Hannibal and St. Joseph Ratlroad, “have put up one hundred and fifty houses since March last, and two or three hundred famtites are now registered, and will, ere long, be on their way to their Western homes.” EUROPEAN MARKETS. Lonpon Mongy Mar Loxpon, July 16 P, M.—Consols closed at 04% @ 94% for money, and American securities closed nited States five-twenty 10155; 9434 & 94% for account. at the following rates honda, 734; Illinois Central Railway shares, Erie Railway shares, 45% FRANKFORT Bovrse.—FRANKFORT, Ju M.—-United States bonds closed at 774 a issue of 1562. LIVERPOOL CoTTON MARKET.—Liverroor, July 1— 5 P. M.=The market closed dull at the following a thorized quotations:—Midding uplands, 114d. a 114d.; middling Orleans, 113,d,a114d, The sales of the day foot up 8,000 bales, BRPOOL BRRADSTUFYS MARKET.—LIVERPOOL, July 1—5 P. M.—Wheat—California wheat has de- clined to 128, 10d.; red Western steady at 128. Corn, 4s. 6d. (ats, 36. Peas, 438. 6d. Flour, 308. 64. Bar- ley, 43. 10d, a Provision’ MARKET.—LIVERPOOL, f, 109%. Pork, 734. 6d. Lard, Bacon, 488. dd. ONDON MARKETS.—LONDON, July 1—5 P. M.—Tal- as dectined to 438. 6d, Refined petroleum, in 4d,; to arrive, 14. 54.; spirita petroleum, in to arrive, 11d. Caicutta linseed, to arrive, in port, 638. Common rosin, 64. 04. Tur pentine, Sugar, 254. 9d. Linseed cakes, £11. Linseed ol, £32. Axtwerp, July 1-5 P. M.— 1 to 47f. 75 centimes for EUROPEAN MARINE NEWS The p Hibernian, n left Quebeo — $e T eed TELEGRAPHIC Mt wa stem. A fax mit at Columbia City, Ind., destroyed by MP on Tuesday last. L which there is no surance, An unknown man Wa run over in Hertha, Conn., Waa entirely 083 $25,000, on on Tuesday night, at fhe railroad crossing, on Windsor street, He received mortal injuries and died soon after. On protertey the New Hampshtre House of Repre- sentatives nitely postponed the questgn of a charter for the Lake Shore Railroad. A printing ink establishment on Maiden tani lelphia, was yesterday destroyed by fire. Th loss wags about $6,000, on which there was no in- surance. H. J. Jarett, of Cimeinnati, was zeertay appolat- ed president of the Little ailroad Company, vice E. Woodward, resigned. Governor Fenton nas commuted the sentence of Patrick Callahan, convicted of the murder of Patrick Dunn, to imprisonment for five years at Clintow prison. The semi-annual Convention of the Ohio posts of the Grand Army of the Reputtic assemMlec at Toieda yesterday, A small dwelliay honse im Rockland, Me., wae burned yesterday morning, apd Miss Fiwa Ingra- ham, an elderly woman, the opty occupant of the house, was suffocated! General George W, Morgan was on Tueway re- nominated for Congress by the democrats of the Thirteenth Ohio distrivt. The racteals yesterday nominated William H, Upison for Congress tm the Eighteenth disirict of Ohio, The contract for building the Belfast and Mooge- head Lake Ratlroad in Maine was awarded yesterday to Mesars, Willson, Tennact, Hogan & €o., of Can a at the rate of $25,900 per miie. The work wilt be-commenced immediately. The retauins of Rear Admirat A. H. Bell arrived at Newburg yesterday on the si¢amer Mary Powell. The funeral ceremonies will take place at St. raui's chnreh at that place at eleven‘o'clock this nadrning. The name of the mau run over ow Tuesday night on the Hartford) Providence and Fistkill Railroad ta David Burdick, of Greenville, N. ¥. He lived about an hour, and was on @ visit to his som, At the commencement exercises of Union Coftege, held in Schenectady yesterday, the following honor- ary degrees were conferred :—The degroe of D. D. waa conferred upon Rev. Joseph Scudder, Secretary of the Am 4 Foreign Christian Union, of New Yo John Bell Wakefleld, rec- tor of St. Paul's church, Richmond, Ind.; Rey, Charles Dewitt Bridgeman, Albany; Rew. Marvin R. Vincent, LL.D., Troy; Hon. John Bigelow, New Yor tate United States Minister to France; Pro- fessor F, B. Upham, of Rutgers College.’ The degree of A. B. was conferred upon: twenty-five members of the: graduating class and the degree of C. E. upon nine members, The degree of A.’ M. in course was conferred upon twenty-four members of the institution. A German named Schlotruan was smothered ina privy vault in Cincinnati on Tuesday from the effects of foul gas. Aman named Boyd, an employé of the Marcella and Cincinnati Railroad, was Killed by lightoing at Zalerka, Ohio, yesterday. A young man named Daremy fell forty feet from an abutment of rocks, near Frankfort, Ky., yester- ay ean, crushing his skull and killing tim tn- atdntly. The excitement about the Tennessee bonds is una- bated in Nashville. The State Comptrolier and bankers refuse to cash the coupons due to-day, A call of the Legislature to repudiate the bonds and create @ school fund of the railroad debt is talked of. W. B. Stokes has been renominated for Congress in the Third district of Tennessee, and W. W. Wood- cock nominated elector for the district. The Chancery Court of Davidson county, Tenn., yesterday rendered a decision in the Medical College case in favor of the piaintifts. Dr. Jennings and the other professors have been removed and others sub- stituted, The stockholders of. tne Merchants’ National Bank of Memphis have made arrangements for continuing the operations of the bank. The records show leas than $10,000 due depositors, A committee has gone to Washington to consult with the Comptroller Currency in regard to allowing the bank to continue. The Supreme Court of Tennessee has gtven a format decision. in the Avalanche contempt case, declaring Judge Hunter's orders in the case null and void. The rts of the crops in Arkansas-are -le33 fa- vorable in consequence of the cold weather, ‘he fifteenth annual commencement of Polytech> lvania, was held in. Philadel- com- mencement address before a crowded assemblage at Agricultural Hall, A Butt-y Joxe.—John Shock, on returning from poems fleld about a mile eastof town, oa: ‘ednesday, was met by a yor bull, which, seein, the plongh which John was carrying, taek offence al his singular appearance, and, giving vent to frightfui roar, galloped at him with.horns lowered to the level with his coat tail. Being unable to drop, the Plough, which encumbered him Jaan endeavorat to intimidate the bull by a series-of Comanche wi whoops, threatening gestures, &c., but allto no, fect—on came the bull, and, caiching John upon, hit Orns, him, plough and all, about twenty feet into the air, Talk about steamboat, explosions—Joln says he felt like he’d been stung bya locust and then shot froma Dutch oven. Happily he sustainod ao injury, and the bull, being satisfied with his exploit, SS Jobu to resume his journey.—Daylor(Ohfoy ". To Insure a Velvet Skin It Must be Wall Wet gyorg night apd morning with PHALON'S “EAPULAN LOTION.” Sold by all druggists. A.-National American Sharpshooters’€'obbler. During the Schuetzenfest the Committers on Wines adopted Zimmermann and Co's. Catawba wines for cobbiers aud tuble use. Wholesale and retail depot 22 Duane street. A.—Phalon’s * Pi Lotion” Removes FRECKLES, PIMPLES, SALT RHEUM, ERYSIP: ELAS, &c. A.—Phalon’s “Paphian Soap” Posresses the game ropertes 06 the “Paphian Lotion.” 23 cente a cake It will not chap the skin; tt Is Invaluavle. for the TOILET, BATH and NURSERY. A.—Joffers Offers Extraordinary Bargaiss in Ladios’, Mises’ and Children's Roots and Shoes. J FERS, 196 and 1,138 Broadway, opposite St, James, HoTwaa aad Fife tole. Avenue Hot An Teporting Hones Retailing Gentloamen’= i *S, 141 Fulton street, at prices never wit. city. A.—Calf Sewed Galore, 85 i, Calf Oxford Bux to. ad 50 So ones aad Encrmonsty Powerful Bass rine. ee SEMMONS, Opticun, 80iy Browtwa Sacre me erecee Bet = Ravi Box T 26; ROOKS & SONS, corner of Howard street, im the togtaute Galtera and Slippers Biss, ready and made to order, at MOND'S, 573 Broadway, opposite Metropolitan Bathing Shoes.—Canvas Ug sad LORIN BROOKS & SONS, Bi rr of Meee ©. © RICH Hotel to attend mert ince STA ef similar PRINTING Criatas dore’s Hair Dye.—The Best Ever manufactured. Wholesale and retail; also applied at No. 6 Astor House, Do Goes the Bridge id OM Goes Hata.-K NOX i in the enjoyment of a double triumph lias conquered the Loew bridge, and his Summer HATS for pntiemen are qoing off with e decided and gratifying. rush. lence the excltement at 212 Broadway, corner of Fulton By an early call you can take a inst look at the brilge and secure just the kind of bat you require. Delegates and Merchants Attending Democratic Convention gall at 95 Laverty street, room 13, buy the non-conducting FLAT IRON HOLDERS. They « non-conductora of heat, and are sure protection from heat the convention. JOLMON & BUSCELL, Owners. *Dr. E. B. Foote, Author of “Medical Com- mon Sense,” may be consulted tn person or by letter at ie , No. 120 Lexington avenue, corner of East Twenty-eight 4. Ofiee hours from 10 A. M. till 4 Consultation Established in 1800.—The Metropolitan Job Printing Eatablishmont, 97 Naasan street. lies for the Country, Shoes, patronize MILLER Fourth July.—L wiah beautiful Boots a1 No. 8 Union square. For First Class Printing of Every Descrip- tion go to the Metropolitan Job Printing Establishment, sf? Nasanu street if you aco, Garnet Jeowelry—A Fresh Assortment Just received at OSHORNE & TOWNSENDS, 627 Broadway, cor- ner of Spring stre Hill, the Inimitable Hair Cutter’s Studio, 266 Broadway. Shaving, go. Hair Dye, 5) cents; biack o¢ brown ; best in use. Neat Economy and Despatch Comblacd athe nteaniw of riers. Metropolitan Joo Priatiag Blab ishment, 97 Nasaan street. eeuted Ruaviirs, Law ezere, Az, Srereet with neatness, quickness and eaper than’ at any other printing establishment im . At the METROPOLITAN JOB PRINTING TSTABLis: MENT, 97 Nawaau stro .—Prizes Cashed in Royal Havana rane ay Fie Crnens 2 Oo, rk. pid and info farni jankers, 14 ed: treet, Ne ble Broadway Property, Nos. 9 othe Mrviton thio days Jely %, wan Nassau Printing iste | ‘The Famons Corner=97 corner Fulton, The Metropolitan Job Toupecs and Ornamental Hair.—B ‘air Dye aod Halr Dyeing, all golors, at vend Bond stroot,