The New York Herald Newspaper, August 21, 1868, Page 4

4 rW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR All business or news letter and telegraphic despatches must be addressed New York HERALD. Volume XX XI. No. 234 AMUSEMENTS THIS EVENING. ROWERY THEATRE, Bowery.—Luoretta BoRGia— DeMosTHENes’ Dopek—ADOPTED CUILD, . OLYMPIC THEATRE. Broadway.—Huurrr Domprr. WALLACK'S THEATRE, Broadway and 18th street— Fine Fry. BROADWAY THEATRE, Broadway.—TroppEN Dow™, NIBLO'S GARDEN.—BARBE BLEUE. BRYANTS' OPERA HOUSE, street.—ETHI0PiAN MINSTRELS TONY PASTOR'S OPERA HOUSE 201 Bowery.—Comio Vooa.ism, NEGRO MINSTRELSY, fc. Tammany Building, Mth £0. THEATRE COMIQUE, 514 Broadway.—BTm10rTan Eo- CENTRIOLIRS, Comic VooaLise, £0. CENTRAL PARK GARDEN, Seventh arenue.—PorvL at GaxpEN Concent. . CONWAY'S PARK THEATRE, Brooklyn.— wet iE Tiowe ETl0PIAN MINSTEELSY, &0. y's OPERA MOUSE, Brooklyn,—Hooer's sees a Sruasoz WOMAN IN BROOKLYN. NEW YORK MUSEUM OF ANATOMY, 613 Broadway.— ScikNOK AND ART, New York, Friday, August 21, THE NDWS. EUROPE. ‘The news report by the Atlantic cable is dated yes- terday evening, August 20. A selected eleven of English cricketers will reach New York next month, The York races were very well attended and the Sport spirited, Consols 93% a 93%, money. London and 75%; in Frankfort. Cotton steady, with middling uplands &t 103¢d. Preadstuils unchanged and prices tending down- ward, MISCELLANEOUS. } advices from Hayti we have confirma- of our despatches through the Cuba cable, ¢ Hayth was surrounded by the revolu- tionists, and communication with the interior was cutoff, The insurgents probably intended to block- ade Port au Prince with the captured corvette Syl- Vain. The town is already closed in on the land side. General John Lynch had taken supreme command of the revolutionary forces. Minister Hollister on his cruise along the coast in the United States steamer Penobscot had been received with unusual ‘honors by Salnave’s representatives. His conduct 4s much condemned. We have by mail one day’s later advices from ‘Venezuela, extending to July 23. A mission to Puerto Cabello to summon Bruzual to surrender was fpoken of in Monagas’ command. The Falconists mumber eight hundred men in that town and the place has been strongly fortified. The Bolivar and ‘the Mariscal were blockading Laguayra, and the affairs of Falcon general'y looked much more prom- Asing. Advices from Havana by steamer state that the exodus during the sumimer amounted to 60,000 persons, many of whom fled through fear of cholera. In July and August there were 1,580 deaths from that disease. Lorenzo B. Shepard, a New Yorker, Ward of Mr. Peter Cooper, died last week from vomito. Three royal decrees are published, one of which empowers the Banco Espanol, of Havana, to Collect all direct taxes for four years. Under the royal decree permitting foreign vessels to enter the ports of Cuba and Porta Rica on an equality with Spanish vessels whenever such privileges are granted ‘to Spanish vessels in the ports of the nation to which uch foreign vessels belong, several English and French vessels had claimed the privilege, but It was ‘refused. $ Additional telegraphic adv firm the reports w uily of the repulse ‘of the allies. No additional facts of much import. @uce are given. In Brazil the news has given a great ‘Impetus to the peace movement, as the war party fested al! their hopes upon an early success. Despatches from Hays City, Kansas, report far- @her Indian outrages. Bill Comstock, the scout, was ‘murdered by them on Tuesday. The military and ‘volunteers are in hot pursuit and the Indians are mmaking for the Arkansas river. General Sherman sin oficial despatches to the War Department con- @rms the reports previously given in relation to ‘these troubles and states that General Sheridan has went plenty of troops and gone in person to the lace where they are transpiring. ’ Secretary McCulloch and Commissioner Rollins are enacting the parts of Congress and the President {yn relation to appointments in the Revenue Burean, Rollins nominates only straight out radicals, whom McCulloch will not confirm. ‘The Chinese arrived in Boston yesterday and were sreceived with a general ovation, The Mayor of the rity, with a deputation of citizens, welcomed them at Cottage Farm station, when an interchange of addresses took place between him and Mr. Bur- jingame. The latter said that he had made an excep- tion in receiving @ public demonstration from Boston pocause that city was the first to establish relations ith China and was his own old home. Escorted by @ procession the Embassy then proceeded through ‘the principal streets of the city. The election tn Idaho is said to have resulted in ‘the choice of the democratic candidate for Congress, Sudge Shaffer, by six hundred majority. John Kennedy was executed at Canton, N. Y., Yesterday, for the murder of Thomas Hand in February, 1867. He met death with apparent indif- ference. He was condemned to be hung in Novem- Der last, but on the morning of the day a stay of pro- ceedings was served upon the Shera? and he was farther respited. Hand, who was murdered, lived ‘or many years in dread of a death by violence and aA mitted no one to even an acquaintanceship except ‘Kennedy. He had a sum of money in his possession, ‘Dut lived in @ miserly manner in order to avoid giving any one any inducement to murder him. A prize fight is to take place between Sam Collyer ‘and Bill Edwards at some point in Virginia next ‘Monday. Both gave bail in Baltimore yesterday not ‘to fight in Maryland. The bill which was passed in the South Carolina House of Representatives @ day or two ago repu- dilating foreign claims against the State was passed fn the Senate yesterday. A bill organizing the police into @ half military body has also passed both houses. ‘The Adams Express robbers were on trial in To- Tonto yesterday, when the messenger identified two of them. In the Board of Health yesterday, at the suggestion ‘of the counsel of the Board, who submitted an opin- fon on the subject, a resolution was adopted calling for the names of the owners and consignees of any ‘vessel which has come within three hundred feet of any dock without permission. The removal of the sloop Four Brothers from off Tompkinsyville, 8. 1, to ‘the Lower Bay was ordered. ‘Two men at the Brooklyn Navy Yard, while ander ‘Me river in a diving bell yesterday, were suftocated, ‘the air valve becoming choked. One of them is dead, ‘but the other may possibly recover. A gang of rowdies created @ row at a ball at the Wath Hotel, Long Island, on Wednesday night, and in afight with the police severely wounded officer Ocar, fracturing Mia skull and leaving him in a criti- cal condition. Speaker Colfax and his companions are at Central City, Colorado, They were recently fifteen thousand feot above the level of the sea in a driving snow storm. A tidal phenomenon occurred off San Pedro, Cal., on Saturday, the tide rising sixty odd feet above the ‘usual high water mark and receding again in half an hour the same distance below low water mark. The qise and fall occurred several tines In a few Five-twenties 713; in from Paraguay con- hours. Zs Lana pe prvamably Wy af haus, (ona Roskell, will leave pier 45 North river at one P. BM. to-morrow (Saturday), for Queenstown and Liver- pool, The European mails will close at the Post OMice at twelve noon on the 22d. The General Transatlantic Company's steamer Ville de Paris, Captain Sarmount, will sail from pier No. 50 North river on Saturday, 22d inst., for Brest and Havre. The mails for France will close at the Post Office at half-past seven on Saturday morning. The Anchor line steamship Hibernia, Captain Munro, will leave pier 20 North river at twelve M. to- morrow (Saturday), for Glasgow, calling at London- derry to land passengers, 4c. ‘The steamship General Meade, Captain Meade, of the Merchants’ line, will be despatched for New Or- Jeans direct at three P. M. on the 22d inst. from pier 12 North river, ‘The Cromwell line steamship Cortes, Captain Nel- son, sails from pier No. 9 North river at three P, M. to-morrow for New Orleans direct. ‘The steamship Marmion, Captain Faircloth, of the Black Star Independent line, will sail for Savannah to-morrow at three o’clock, leaving pier 13 North river. The stock market was unsettled yesterday and Erie continued weak. Government securities were firmer. Gold closed at 1437; a 144. The Political Situation—1868 and 1852— Seymour Another Poor Pierce. History, they say, repeats itself, and the saying is true. We see it in the records of empires and dynasties and in the vicissitudes of our own political parties. In truth, the politi- cal contests of the present day, in the Old World and the New, are the same as those of the past, with some changes, more or less, in the issues and in the mixing of the elements on both sides. The terrible deluge of 1789, which overwhelmed the ancient nodlesse of France and swept off her Bourbons, did not extinguish her pre-existing political parties. So from the wrecks and ruins of the great American deluge of 1861 our two great parties of 1860 substantially reappear to day. South- ern slavery and the old ruling Southern Bourbon aristocracy have been swept off, but still there is a striking general resemblance be- tween the democratic campaign of 1852, under the banner of poor Pierce, and the campaign of 1868, under the banner of Seymour. Scott, a chieftain who in his military reputation stood as General Grant now stands or as King Saul stood among the mighty men of Israel in his day—a head and shoulders above them all. In the outset the supporters of Scott supposed that his military renown would surely give them the victory; but there were underlying causes at work which brought about the elec- tion of poor Pierce in an overwhelming majority of the electoral and popular vote, North and South. The position of Scott was satisfactory; there was nothing alarming, though much that was amusing, in his letters and speeches of the canvass; but Mr. Seward and the other ruling abolition spirits of the whig party that stood behind Scott were dis- trusted by the people. Those leading spirits, it was feared, would control his administration if Scott were elected, and in upsetting on the abolition tack the great compromise measures of 1850 would endanger the peace and safety of the country in the reopening of Pandora’s box on the slavery question. Hence the other- wise astonishing electoral and popular vote by which poor Pierce and his party were restored to power. Thus all the military glories of Scott, from Chippewa and Niagara to Vera Cruz and Chepultepee, were as but dust in the balance. Now, is it not apparent to the naked eye that there are underlying and overshadowing causes in this campaign which obscure the military glories of Grant? Admitting that he is a safe and sound man, and that the people so believe him to be, are there not reasons for the declaration that the people distrust the ruling spirits and managers of the party who | stand behind him? We have only to look back to the vote of New York in November, 1864, to see that while Seymour was weaker than Fenton the republican party was stronger than Lincoln. We see in 1868 the party in its con- fessed weakness, from the elections of 1867, relying upon the strength of its candidate ; but, In 1852 the whig candidate was General | ing upon the democratic party, They have left the door wide open, in the event of Sey- mour’s election, for a falling back to “the con- stitution as it was” in 1860 and for the re- pudiation of everything that has since oc- curred changing the order of things existing in 1860, From the administration of Seymour, in short, if elected, we have nothing better to ex- pect than another term of poor Pierce or a second edition of Andy Johnson in his conflict with Congress; while in the election of Grant we have every reason to hope for a safe and sound conservative policy against the excesses of the radicals on the one hand and the fire- eaters on the other. Yet such have been tlie high-handed assumptions, the blunders and follies and prodigalities and corruptions of the radicals of Congress that the people, for the sake of a decisive change, may prefer Seymour to Grant, and thus the greatest soldier of the day may again be beaten right and left, North and South, by another poor Pierce. The New French Loan—How the Finances Are Managed im France and the United States. We noticed the other day the surprising state- ment made by the Paris Moniteur that thirty- four times the amount of the new French loan asked for had been offered to the government. It seemed almost incredible, and we were dis- posed at first to think some mistake had been made in the figures, though we were well aware of the confidence of the French people in their government and the popularity of its loans. But in referring back to former loans should not be surprised if the subscription to the present one had reached the enormous amount mentioned. By way of illustration we give the war loans of France in 1854 and 1855, The amount is understood by the American reader. There were three loans, namely :— i SRC Fa Loan or | Loan of | Fetes 1955. July, =) 9800,00,000. 100,000,000) —§p0,000,000 ¥3,A0,000| 435,080,001 "739,800,000 42,820,000] 279,800,000 50,6.0,000] 155,400,000} 8188,50),000 98,000 £00,000 Offered in depai 0d Total amount offered Number of subscrivers Thus it is seen that the amount offered for the first loan, of fifty millions, was nearly four times the amount asked; for the second, of a hundred millions, nearly nine times the amount asked, and for the third, of a hundred and fifty millions, nearly ten times the amount asked. The remarkable feature of these loans is the vast number of people in the empire itself that offered to subscribe, It must be remembered, too, that the government securities were taken at par in coin, and every one of them repre- sented fully its face in specie. What are the deductions to be drawn from the astonishing success of these loans? That the French finances are managed well and far better than those of our own government; that the empire is prosperous, and that, what- ever views may be entertained as to the pollti- cal situation, there is entire confidence in the financial ability of the government and safety of the loans. The French have been twenty years getting rid of a treasury ring and a set of treasury officials similar to ours, only not as corrupt, In France all business connected with the pub- lic debt and finances is transacted by the regu- lar treasury officials, There are no discounts, no premiums, no payment of commissions nor watering government stocks, Nobody is al- lowed to handle the finances or bonds so as to influence or operate upon the market and to make colossal fortunes, as the Jay Cookes and others do here. The treasury officials do all this, as the other business of their depart- ment, for their salaries. What a contrast with the wretched misman- agement and corrupt practices of our Treasury ! The brokers and speculators have been per- mitted to make a football of our public debt. on the other hand, in the local elections of the present year, so far, since the nomination of General Grant we have bo evidenée that his great name has turned the drift of the poplar tide of last year. In fact, as in 1832 on the national bank question the ran of General Jackson was a surprise to both parties, so in 1868 there is a possibility that on the national banks, bonds and taxes there may be an equally surprising result. We think there is no reason to fear that with General Grant’s election the administration will fall under the control of the revolutionary radicals, but every reason to believe that in his quiet way, and more decisively than Lin- coln, Grant will be the master of the adminis- tration and of Congress, and that the country will be safe in his hands, although his general policy may bring about a complete reconstruc- tion of principles and parties. On the other hand, from the poputar distrust of the revolu- tionary radical leaders, and from the universal uneasiness of the people upon these important matters of the debt and the bonds, and the burden of taxes necessary to meet even the gold interest on the bonds, assuming that there is a probability of Seymour's election and a possibility that it may be as decisive as that of poor Pierce, what shall we gain thereby? | From all the lights before us we shall gain only another Pierce administration. The same lead- ers, the same fire-eaters, the same heresivs and the same blundering influences that con- trolled Pierce will, from all the signs of the times, control Seymour, Pierce was elected on the compromise mea- sures of 1850. He was thus elected because on this platform the people believed he would maintain the peace and harmony of the coun- try on the slavery question inaugurated by those great peace measures of Henry Olay. But we all know that poor Pierce became as pliable as wax in the hands of the revolu- tionary Southern slaveholding oligarchy; we know that he thus became a willing tool in the repeal of the Missouri compromise, the founda- tion stone of the adjustment of 1850, and we know what followed. His administration pre- pared the way, and that of his successor, Buchanan, plunged the South into the abyss of the slaveholders’ rebellion. We see now that, as far as they have survived, the same elements that controlled poor Pierce controlled the Tammany Convention and control the democracy in this canvass, and will control Seymour if elected. We have no recognition A radical Congress authorized this to be done, and the Treasury ring has been only too eager to take advantage of the opportunity afforded. The amount paid to outside brokers in the | shape of commissions alone for manipulating our debt and the specie in the Treasury up to last May was over seven millions of dollars. Thatis, for converting gold into greenbacks and various forms of securities into other forms, according to the different acts of Congress, the government has paid over seven millions to the brokers, all of which could have been saved by the Treasury Department doing the busi- ness itself. But that is not the worst. These brokers are enabled to operate upon the market to the detriment of the government and public, and to fill their own pockets. For example, thirty millions of gold was sold in May, 1866, at fifteen to twenty per cent below what was the market rate immediately after. In fact, there is no telling the vast sums lost by the people and made by the Treasury ring out of these transactions. It is remarkable, too, that all bills introduced in Congress for reforming financial matters and breaking up the Treasury and national bank rings have been either smothered in the Committee of Ways and Means and the Senate Finance Committee or postponed. Congress seems to be under the control of these rings. It is high time a differ- ent set of men should be sent to Washington, who will be independent and honest, and who will make such reforms in the financial system and management of the Treasury as are 80 very much needed. Affairs in Wail Street. Wall street has been in a whirl of excitement during the last few days, and unexpected changes have come over the spirit of all the markets. Gold, after being engineered to 150 by a few vagabond foreign and native bankers, who claim that they can control its course, was yesterday hammered by the same indi- viduals to 143%, although it closed at 144, with an upward tendency, the decline having apparently fully spent its force, It is to be regretted that there is no law under which the men who alternately run gold up and down can be punished; for the injury they inflict upon the community far exceeds that resulting from the depredations of those who fill our penitentiaries. The Gold Room itself is a public nuisance, which Great Britain refused to tolerate during the period of specie suspension in that country, and the sooner it is rooted out from him or them that the war has settled any- | of existence here the better. Those who have thing; no recognition that the constitutional | been crying the premium down for a week or cpgadiacpis repulting Siam she vax ace biwk 1 te will eos by crying ff wa mgnin, ang, we see the astonishing success of them, and | given in dollars so that it may be better | NEW YORK HERALD, FRI | stamp of Brazilian partiality. AY, AUGUST 21, 1863. large outstanding ‘‘short” made the most of by the bulls, so that an excessive rise will probably be the sequel. The fall of nearly three per cent in govern- ment securities in as many days took the public by surprise, and as this depression was promoted entirely by artificial causes a cor- responding reaction doubtless awaits the market, our national securities being the cheapest and safest investments in the country at the present time. The rapid decline in Erie from 70 to 44 is almost inexplicable on any other theory than that the present directors of the company have been guilty of gross mis- management or perversion of trust. The transfer books were closed yesterday prepara- tory to the annual election on the 15th of Oc- tober, without any notice whatever to the public, although the usual time for so doing is thirty days from the date of the election. The object sought to be secured is, of course, the re-election of the present board, the directors, owing to recent transfers made in their interest, having a majority of the stock standing in their names. A charter which permits such an arbitrary act as this calls for speedy amendment. Moreover, the directors in question are said to have bought the four lines of steamers from this port towards Bos- ton, in addition to having leased the Boston and Providence Railroad. No wonder that Wall street is in a fever of excitement; but the signs are that the crisis has been reached, and, strangely enough, there have been no failures, notwithstanding the enormous losses which have fallen upon the speculative houses during the last three weeks. The Heroic Defence of Paraguay. We have been accustomed to receive various reports concerning the Paraguayan war from Rio Janeiro, and of course they all bore the Consequently the utter ruin—either present or immediate— of the gallant Lopez, one of the greatest heroes and patriots of his age, was repeatedly an- nounced, Intelligence coming from an inte- rested source is not generally very reliable, so that the stories of the success of the allies of Brazil did not always carry weight with them. But the news which we published and adverted to yesterday, although coming from the same source, adinits that the foolish allies had been repulsed at two important points of the Para- guayan defences—Fort Humaita and the Gran Chaco—by the valiant leader of the Paraguay patriots. It seems, then, that Lopez, so far from being nearly annihilated, has won a glorions victory, and is likely to keep imperial Brazil and her stupid republican allies at bay. There never was a war on the South Ameri- can Continent more just nor more character- ized by valor, persistency and good general- ship than this contest for nationality which Paraguay is waging. The marvel is that the other republics should be found in alliance with Brazil. They do not see that Lopez is fighting their battle for republicanism all this time. They do not appear to understand that if the cause of Marshal Lopez and Paraguay goes down they must all inevitably go with it. If imperialism and its allies triumph the allies will be the worst sufferers. We cannot but sympathize with Lopez and rejoice at his suc- cesses, as a republican nation ourselves ; but we fear that public sentiment in the South American States is demoralized, as it is in Mexico, and hence the common senke of the allied republics is as blind, though not so strong, as Samson. Like the foolish virgins, the re- publican States allied against a neighboring republic are going into darkness and danger without oil in their lamps. Their last serious defeat may have tanght them wisdom. It may not be too late yet to learn that the al- liance is on the wrong side. Meantime we roust accord to the gallant Paraguayans every merit for their valor and moral courage. AN Important Question.—If all the availa- ble income of the Treasury is required to meet the interest on the national debt, how long will it be before the reduction of the principal will bring us a reduction in our federal taxa- tions of flve hundred millions a year ? Radical Estimates of the Presidency. Radicals base their hopes of the Presidency | on the conviction that they can carry for Grant these States, whose electoral votes together give a majority of the whole numbe Maine. New Hi Massachusetts . Khode Island. Vermont.. West Virginia Ohio Indians Tilinoii Loui Total. They say ‘‘there should be no doubt of Grant carrying at least these.” They hope for others, of course, but venture to count only the above. This estimate, therefore, is a con- cession and admits the failure of radicalism in the great States that have hitherto given it force in the nation. But what right have they to count even the States they name? They count them on the strength of past votes; but this is a time in which people go completely over from one side to the other of political divisions, as we recently saw in Oregon. From the fact that we are reasoning for such a period we should be very slow to project the future from the past. New York is not counted for Grant, because of recent changes; but how can any man say that changes of the same tendency will not drop from the Grant list several of the States given? How many of the States named above are so positively strong in the radical faith that they can be counted upon despite contingency ? Only two—Massachusetts and Maine. These alone are sure, It is, however, in the very highest degree probable that Grant will carry seven other States in the list—Rhode Island, Vermont, Kansas, Minnesota, lowa, Michigan and Wisconsin. New Hampshire is not by any means a certainty for Grant, while Indiana and Illinois, in the absence of slavery and the broad war issue, are democratic States, and will in all likelihood indicate a well defined sympathy with the reactionary movements against the party they have acted with for the last two Presidential elections. No man has any right to count West Virginia for any party. It has no recorded predilection. It has only voted in one Presidency, and then it decided for the war, and for the simple reason that its right to decide at all, even its exist- ence as a State, would at that time have been denied by the other party. » Seramae Slect interest will be | Indiana and Illinois. It was a democratic State in the ofd days, but went with the repub- licans on new issues, Can republicanism count on the continued support of a people that keeps its eyes open for new issues—that can separate itself from party as it sees occasion, and never permits a party to outlive its crimes against humanity? Five Southern States are included in the Grant list; but we need scarcely say that that is founding Grant’s chances on a very shaky foundation. Of the one hundred and fifty-nine votes above estimated as nearly certain for Grant it is quite safe to say that at least one hundred are equally likely to go for Seymour. Increasing Trouble in Spain. A ministerial crisis has taken place in Madrid. The Minister of War has withdrawn from the Cabinet. The Captains General of Madrid and Barcelona have resigned. The friends of the exiled Duke and Duchess of Montpensier continue to protest against the royal decree which banished them to Lisbon. Liberalists of all shades seem inclined to co- alesce, at least temporarily, for the sake of their common object—the overthrow of Queen Isa- bella and of tho reactionary party that sus- tains her. The picture of the internal condi- tion of Spain was not painted in exaggerated colors by General Prim in his proclamation of August, 1867:—‘‘Agriculture is suffering; all trades are stagnant. The press and the Par- liament are condemned to silence, and a blush suffuses every honest Spaniard’s brow when he looks upward to the throne or down upon his degraded countrymen.” * This picture is now as true as it was last year. Even if a European war should not arise this fall and suddenly change the destinies of Spain, it would not be surprising if the same result should be effected by the Span‘sh people them- selves to the warcry of ‘ Viva la Libertad and the National Sovereignty.” Whether im- mediately successful or not, a revolutionary outbreak is not unlikely to occur, and the throne of Isabella is more insecure than ever. A patriotic Spaniard cannot forget the an- cient glories of his country. He remembers that in the tenth century, under the caliphate at Cordova, in agriculture, commerce, sciences and art it was in the most flourishing condition, and that in the fifteenth cen- tury, under the reign of Ferdinand of Arragon and Isabella of Castile, the conquest of Naples and the discovery and occu- pation of America raised the kingdom of Spain to a front rank among the powers of the earth. He traces with sadness the gradual decline of hig country to its present deplorable position. He knows, however, that its popu- lation is beginning again to increase, and that its exuberant fertility, and its fortunate varie- ties of climate, and its prodigious undeveloped mineral resources, and the inherited Roman pride and perseverance and Moorish passion- ateness of the Spanish people and their adapta- bility to civil institutions of Teutonic origin, are all favorable to its entering with success on the career of modern civilization. There- fore it is not strange that he should revolt against government which may justly be stig- matized as “executioners of their country and ascandal to civilization,” ft fs natural that he should long for an effectual cure of the pa- ralysis of national production and for other radical reforms that, in the language of one of the Spanish revolutionary leaders, “shall speedily transform our degraded, depopulated land into a flourishing state.” Whatever may be the issue of the troubles in which the Spanish government is involved at home, our own gov- ernment should lose no time in putting an end to certain consequences of the insolent inter- ference of Spain in South America. When the United States were engaged in civil war Na- poleon invaded Mexico and Spain went to war with Peru and Chile. Napoleon’s invasion of Mexico, however, came to grief, and in 1866 Spain ceased hostilities against its ancient South American colonies. Nevertheless, the Spanish government has obstinately refused to conclude a treaty of peace, and American man- ufacturers and merchants are still subjected to the inconvenient restrictions laid upon our commerce on account of our neutrality during the war. These restrictions should at once be removed, rea Tur REDEMPTION OF THE GREENBAOKS.—If we redeem the five-twenties in greenbacks, shall we not still have to pay in coin, dollar for dollar, on every greenback? Yes; but the interest will be saved; and here is the strong point of Pendleton, Butler and Old Thad Stevens. In the interest alone the sum of the principal of the British national debt has been paid, perhaps, twice over, bet it still remains the same. Sacrgp Osiications.—The redemption of the national debt incurred in the late war for the Union is a sacred obligation, and so was the debt of the war of independence. But how was the old Continental tobacco leaf currency redeemed, and in the plan of redemption adopted what was the loss to the country? ‘That is 8 matter worth considering. MILITARY NOTES. We are in receipt of a letter from Captain Robert M, Cook, squadron B, battalion of Washington Grays, denying the authenticity of a resolution pur- porting to have been passed by the officers of the battalion and sent to the HmRALD, which stated that the Grays did not intend to visit Boston. Captain Cook states in the most positive manner that no meeting of the Board of Officers of the battalion was held, as stated in the communication referred to, to correct the statement in this of the 19th inst, squadron mB wilt posttiv 7 leave this city for Boston jus wi ti ea on the 25th and Wilt be revelved in that city by the Boston Lancers, commanded by Captain ._ On their return to this city they will be recetved an@ en- tertained at Providence by the Horse Guards of that city. ‘Special Order No. 1, from the headquarters of squadron 1, Washington Grays, Rotifes the members that there will be a meeting at the armory this even- ing to make the final arrangements for the contem- plated ye = 9! fon 2 aa} — 4 Grit” Ail (hove Wino have Hot their uniforms will be ji] u Is ime United, States marines stationed at the Marine Barracks in Brooklyn were ins; yester- day by Brigadier General Jacob Zeitin, commandant ot lhe corp ‘The battalion went through a series of evolutions in infantry tactics to the entire satisfac. tion of the fi officer, and made a very fine appearance. The marines are the only men in the nited States service who are decently dressed, the soldiers of the line of Uncle Sam being more meaniy clad than the convicts of other nations. Whenever, therefore, the marines parade the citizens enjoy the ‘unusual tacle u! —s ie ~—, gad uniformed and equipped. m: . - sented by the ‘American 1adies of Hong Kong to the marine guard of the Hartford, was displayed yester- day by the marines, The color has been presented to Captain Forney, of the Marine corps. “ANOTHER SPECIMEN BRICK. {¥rom the New Yor! ibune, August 29, Sir, you Te, with deluberate tnveat to mis\ vl, to Qdie ia someyhas ia the same position aa! jaury apy Atom THE CHINESE LMBASSY. Departure from Worcester—Scenes Along the RouteArrival in Boston—iecepiion by the Mayor aud Common Counci!—Hearty (reet ing by the PeoplemGreut Enthusiasu—ie+ ception ia the Evening, Boston, Anqust 20, 196%. The advent of the Chinese Embassy and Minister Burlingame in Boston to-day has afforded an oppor. tunity for almost a general holiday. The Orienta! party left Worcester at nine o'clock this morning in @ special train, consisting of the previously described drawing room car of the Boston and Albany Rail- road and also another elegant passenger coach for the servants and attendants of the Embassy. The train started promptly on time and came through without any detention or accident, arriving at ite destination just outside the city limits of Boston at half-past ten o'clock. There was @ large and curious crowd at the de- potin Worcester to witness the departure of the Embassy, and at the various stations between there and Boston there were groups of people gathered for the purpose of catching a glimpse of the visitors as they shot by at lightning speed, Besides Mr. Burlingame and his associates there was also present on the journey a committee of the Boston city government, consisting of Aldermen Samuel ©. Cobb, Benjamen James and Councilmen Allen, Pickering, Snow and Denny. Upon arrival at the Cottage Farm station the guests were met by Mayor Shurtleff of Boston, and, upon being introduced, the guests were formally welcomed in the following address by the Mayor:— Mr. AMBASSADOR—The City Council of Boston has already, through a committee, formally tendered to you the civilities that are gs due, both as the ac- credited representative of the illustrious sovereign of the Chinese empire and also as one who in times past eminently enjoyed the confidence and esteem of the citizens of this community, My duties on this occasion are, therefore, so far simplified as to afford me only the pleasure of — expressil in a few words the weicome of this municipality to you and to your distinguished associates upoD your entering the capital of the commonwealth, which in former days you yourself have personally represented in the high councils of the nation. ‘To us it is a cause of much regret that your coming hither has been de’ ‘red until the time of our gen- eral vacation, wie tie authorities and many of the c ns, With wir families, are absent from their homes, and our halls of council and legislation, our schools and institutions of science, learning and the arts are temporariiy closed and our family heartiistones almost deserted; for it is the earnest desire of our citizens to give you areception fully commensurate with their respect for che ancient empire of Ching and with their owa ability to bestow. Nevertheless, you and the per- sonages composing your suite are heartily wel- come to the freedom and hospitality of this our and trust that your sojourn with us, though of short duration, may be agreeable to you, and that tue strangers who for the first time Visit our peaceful abodes may find something in our peculiar institutions of sutlicieat excellence and in- terest to be deemed worthy of notice now and of re- membrance hereafter on their return to their distant home, In the name of my feliow citigens I extend to you all @ siucere and most cordiaP welcome w Boston. Mr. BURLINGAM. i responded to the Mayor's address of Welcome as foilows:— erasers?) Mr. Mayor—On behalf of myself and my associ- ates I thank you for this tender of the hospitalities of the renowned city of Boston, Hitherto we have avoided all public demonstrations, not because we desired to repulse tat good will which has followed us from our first arrival in this counuy down to the present hour, but because e fell it to be our duty to postpone our TsO! gratifications to the deinands of pur diplomatic af- tars. We have made the single exception for the reason that Boston was the first to establish relations with China; because it was my old home; because, sir, it has presented its public schools and {ts institu: tions of learning as its highest points of in tereaie Education is the foundation of all preferniént in China and is the basis of those institutions which pave Gutlasted all others, It was natural, therefore, that my associates shoula have desired to make themselves acquainted with the syatems of learning in the West. ‘They will feel pro- found grief that it will be impossible for them to see your public schools in all their perfection; but I have no doubt that they will see much to admire when here and much to remember when far away. Thank- ing you for this welcome and deeply grateful to you for your personal acquaintance we now it ourselves to your hospitality with coniidence and pleasure. ; The response of Mr. Burlingame was warmly ap- piauded by the large crowd assembled to welcome him and his associates, and when the applause had subsided thé pfeltaiititries for tie journey to the city - Sey ae were commenced, ' . ‘The procession was preceded by a squad of mounted police; then came the Chelsea Cavalry Band, also mounted; the Boston Light Dragoons, also mouated, came next, and then the Boston National Lancers, mounted. Here followed the carriages containing Minister Burlingame, the Embassy and others, The first carriage contained Mr. Burlingame and the Mayor, and was drawn by four horses, The vebicie was a model of beauty and taste, built expressly for the occasion, and was painted in the popular colors of the Chinese empire, and on the panel of each door was a sinall red dra- on. Following this carriage came the Embassy and their attendants in open barouches, and behind them were the Roxbury Horse Guards ‘and the Prescott LightG uard, of Charlestown. Both companies were mounted, The line of march of the procession was as fol- lowa:—through Western avenue, Heath, Centre, Ce- dar and Highland streeia, Eliot square, Dudley and Washington streets, Chester square, Tremont and Worcester strc! Harrison avenue, Newton and Washington stvee! Union square, ‘Tremont, Boyl- ston and Arlington streets, Commonwealth avenue, Berkley, Beacon, Park, Tremont, Winter, Summer, Devonshire and Franklin, streets, countermarching around the flagstaff, through Devonshire, Milk, India, State, Washington and School streets to the Parker House, ‘There were large crowds of people all along the route of march, aud everywhere there were manifes- Be f aisoamers appearance among his old fel. ir. Burl 5 low citizens was the occasion of much cheering, aud frequently old friends and acquaintances broke through the lines to shake him by the hand. Many buildings along the line were aneal deco- rated with flags and bunting, and occasionally the Chinese colors were from (is points. The end of the route was Gnished at about two o'clock, just in time to escape & Ref rain shortly t hour and lasted a commenced 8! after that e afternoon. .o omectals thee 5 famine, ase a fies the cl of the cl govel a eens of citizens in dining hall at the Parker louse. The Embassy will hold a public levée in Fanueil Hall to-morrow noon, and will be recipienis ofa eS banquet at St. James Hotel to-morrow even- THE CATTLE DISEASE. A Visit to Bulls Head Yard. The excitement among our people in regard tothe importation and slaughtering of diseased cattle and the vending of infectious beef is somewhat abating. The authorities are nevertheless une te on the ly watchful, and do every- ht cam or may 6 to it result from the 1's Head cattle para, the mart for the sale of cattle, the of have stationed a specialinspector, Mr. Parks, ‘with orders to examine pnd animal as it is brought to the yard, and if the symptoins or disease in are del any tected the animal gand in case of need whole drove are ordered to ‘withdrawn from sale for the present, are separated regular Health under the instructions of Drs. Morris and Busteed, of the Health who give their personal attention to the matter and visit the Bull's Head almost daily. As an instance with what anxious care the whol matter is attended to it may be mentioned that on Wednesday @ herd of several hundred head arrived atthe and was ti by the physicians of the Board and found to be healthy and sound in every re- Pi A “clean health bill’’ being the result, they were lowed to be sold. Yesterday at noon, a report hav- ing reached the Health Officer that notwithstanding the inspection all was not right with the caitie, a tele- gram was sent up—the office of the Bull’s Head cattle Yard being in direct telegraphic communication with ‘the lower city offices—to stop the sale and have the animals “quarantined.” The telegram came too late, as the herd had already been sold, The ns in charge of the cattle yard are, however, assured that not a single head of ali that drove was in any way a |. Up to yesterday afternoon there been sold in all since Sunday last = head of cattle at the Bull's Head—a sign that the i of the cattle lague did not very materially diminish the con- sumption of beef in New York and vicinity. Only 260 to 300 head remained at the yard last i ing, and they ail seemed to be heal! > Judaing from the brightness of their eyes and their general ¢ “or and plump appearance. A herd was expec’ yesterday from the West, but it did not arrive. THE UNION LEAGU: CLUB AND THE DEATH OF JUDGE GONNET. At a special meeting of the Executive Committee of the Union League Club, held last evening, on motion of Mr. Baton, seconded by Colonel Cannon, it was Resolved, That the death ot the Hon. Benjamin W. Bonney i ih profound sorrow. ‘That we desire a act a wrinigh emtimate of his moral worth wa ‘Uiness as a citizen, our rompect for be? member of the bar. and oc the State judiciary, ful recollection ot ne a zeal as a mem! fo the inte national crisis. “Kesolved, That & copy, of these resol family of the deceased ; that the 1 chib will attend the funeral of Judge tonney ay iveted to. that ibe otuge menaygry ge de cb We ceded a