The New York Herald Newspaper, October 19, 1868, Page 6

6 NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR ¢* All business or news letter and telegraphic despatches must be addressed New Youre HERacp. Letters and packages should be properly sealed. Rejected communications will not be ro- turned. THE DAILY HERALD, published eyery day tn the year, Four cents per copy. Annual subscription price $14. JOB PRINTING of every deseription, also Stereo- typing and Engraving, neatly and promptly exe- culed at the lowest rates. «No. 293 Volume XXXII... AMUSEMENTS THIS EVENING. NEW YORK THEATRE, Broadway.—Tae D&aua OF OUT OF THE STREETS. OLYMPIC THEATRE, Broadway.—Homrtr DoMPrY, ‘witu New Featurss. ‘ BROADWAY THEATRE. Broadway—Tas New DRaMa ‘OF LAKINE—THRION MARRIED. NIBLO'S GARDEN, Broadway—EDWin FornsT As Vizerntus. WALLACK'S THEATRE, Broadway and 18th street.— Tas CIBANGER. ACADEMY OF MUCSIC, I=ring KYLLOGG's REPRESENTATIONS. pisce—Chara Lovisr RO'VERY THEATRE, Bowery.—CRimson SHIRLD; 02, NyMrus OF THE RAINBOW. PIKE'S OPERA HOUSE, corner of Eighth avenue and ‘2B strcet.—La GRANDE DUCHESSE DE GEROLSTEIN. GERMAN STADT THEATRE, Nos. 45 and 47 Bowery.— Winiiaw Tenn, '* OPERA HOUSE, Tammany Building, 14th MMOPIAN MINSTRELSY, £0., LOORETIA BORGIA. Br atreet. KELLY & LEON'S MINSTRELS, 790 Broadway.—ETm10- PIAN MINGTRELGY, BURLESQUE, &0.—GRaND Duton “5S.” SAN FRANCISCO MINSTRELS, 585 Broadway.—ETHI0- LAN ENTZBTAUNMENTS, SINGING, DANCING, &c. TONY PASTOR'S OPERA HOUSE 201 Bowery.—Couro ‘Vooa.isu, NEGRO MINSTRELSY, &c. THEATRE COMIQUE. 514 Broadway.—Tot Great Ont- GINAL LINGARD AND VAUDEVILLE ComPany. WOOD'S MUSEUM AND THEATRE, Thirtieth street and Broadway.—Afternoon and evening Performance. PIKE’S MUSIC HALL, 234 street, corner of Eighth avenue —oEvor'’s HirkeNicon. APOLLO HALL, Twenty-cighth street and Broadway.— JAMES TAYLOR, 148 Guxat Lonpon Comic. \ NEW YORK CIRCUS, Fourteenth street.—EQursTRIaN AND GYMNASTIO ENTERTAINMENT. GREAT EUROPEAN CIRCUS, corner Broadway and 30th St.—EQUESTRIAN AND GYMNASTIO PERFORM ANORS. CENTRAL PARK GARDEN, Seventh avenue.—Taxo. Tuomas’ POPULAR GARDEN ConoxRr. MRS. F. B. CONWAY'S PARK THEATRE, Brooklyn.— East Lyxaxk. HOOLEY'S OPERA HOU! Mixeroris—Toax Him Our. Brooklyn.—HooLer’s BROOKLYN ATHENZUNM, corner of Atlantic and Clin- ‘ton ats.—Puor. CROMWELL'S EXUIBITION. ALLEMANIA HALL, No. 18 East Sixteenth st.—Lro- TULE—EARTH AND Man. NEW YORK MUSEUM OF ANATOMY, 618 Broadway.— SOrKNOK AND ART. TRIPLE SHEET. New York, Monday, October 19, 1868. EUROPE. ‘The news report by the Atiantic cable is dated yes- terday evening, October 19, The namo of Prince Alfred of England was men- tioned as a candidate for the crown of Spain. Ex- King Ferdinand of Portugal was regarded, however, ‘as more jikely to be called to the vacant throne. A protest against the acts of Prim and Serrano had been issued in Barcelona. Prim is created Marehal of Spain and Dulce Duke of Madrid. The French Court is at St. Cloud. A fatal explo- sion of gunpowder took place ona Turkish troop ship. Peaceful reports from Paris had an tnspiriting infinence on affairs in England. The more advanced tories of England were considerably disheartened at the prospect of the election canvass. ~=United States five-twenties were at 7834 in Frank- 4ort—an advance, with the market excited. The project of changing the democratic front tn the face of the enemy has apparently been revived wWita a sirong display of determination on the part of its revivers to sce it to the end. A few members ot the National Executive Committee waited upon Governor Seymour yesterday and broached the sub- ject of a wre. The Governor in reply stated that if any chauge was to be made he would ip- sist upon withdrawing that he was deeply in earnest when he declined the nomination at the time it was tendered him and that it would be a relief to him if some one else ‘were substituted. The committee, it is said, assured him that no change whatever was contemplated. ‘The now movement, however, comes from Western and Southern politicians, who urge that the move must result advantageously and can be done witheut danger. It is merely for a quorum of the Executive Committee to substitute the new names for the old, retain the “tate electoral Uckets and notify the State committees of t ange. Some leading Southern politicians in W. neton have issued a manifesto demanding a change, with the substitution of Chase for Seymour, The churches were generally well attended yes- terday. Pishop Armitage, of Wisconsin, oMciated at the church of St. Join the Baptist, on Lexington avenue. The Rey. Wiliiam Schwartz, of the Metho- dist church in Paris, preached upon the progress of ‘Wesleyanism in France aud Germany, at the old John street church and the Rev. S. Burne preached at the Harlem Congregational church on the subjeet of politics purified by the Gospel. The latter gen- tleman called upon Christians generally to interest themsctves in political affairs. Bishop Mclivaime, of Ohio, administered the rite of confirmation to a num- ber of candidates atthe Church of the Messiah, in Brooklyn. An account of the appearance of the Prominent members of the Episcopal Convention is given elsewhere in our columns, ‘rhe Ku Klux in Arkansas on Friday night tied an id man who, a8 deputy sheriff of Drew county, was serving sabpcnas, to a negro and shot them both dead. A negro preacher named Randolph, who was a@ member of the South Carolina Senate, was shot down at Cokesville, 8. C., on Friday, whiie standing on the platform of a car, by three white men. on horseback, who then rode away, making their es. cape, although it was broad daylight. George Francis Train has been notified by cable Gespatch of his nomination to Congress in the Fifth istrict of this city. The committee urged him to pay the claims against him and return at once. The committee yesterday received @ despatch ac. fepting the nomination and stating that he had of- fered the money to pay all the claims against him and it had been refused, as his imprisonment is for purely political reasons. Telegraphic advices from Havana state that small ‘ands of insurgents are still wand in the moun- tains, but their numbersare daily diminishing. The amor that some slaves had joined them is denied. ‘The engine of the railroad train having on board the Western delegates returning from the Norfolk ommercial Convention blew up near Lyfichburg, Wa., on Saturday night, killing the fireman and en- Gineer and of the passengers. ’ subject of @ resiprocity treaty with the British NEW YORK HERALD, MONDAY, OCTOBER 19, 1868—TRIPLE SHEET, and the navigation of the St. Lawrence, has not yet been acted upon definitely by the Congressional Committee, numerous reports to the contrary, distressed condition of the people of Nova Scotia was shown fortn to Mr. Seward by Mr. Thornton some time ago, when the latter was ‘urging negotiations for a treaty, and Mr. Seward ‘Was informed by the Committee of Ways and Means, 1m July, that a report favoring it would be aub- mit.ed to the House, The adjournment, however, cansed the whole matter to go over until next ‘session. One of the severest gates known on the lakes for years visited Lake Huron on Friday night. Several Vessels were dismantled, several were torn from their moorings at Detroit and several collisions oc- curred. The only loss of life reported is that of two men, a woman and a child, who were drowned from @ barge. ‘The Sheriff andjParish Judge of St. Mary's Parish, La., were assassinated at Franklin on Saturday night by a band of horsemen who escaped without being recognized. Prominent Arrivals in the City. Julian Volio, Minister, and Ezequil Gutierrez, Secretary, of Costa Ria, and Dr. Bowne, of Cal- cutta, are at the Clarendon Hotel. Dr. Yancey, of North Carolina, and Galusha A. Grow, of Pennsylvania, are at the Fifth Avenue Hotel. General W. W. Lander, of Salem, Mass., and Gen- eral E. E, Whittaker, of Hartford, Ct., are at the Metropolitan Hotel, Bishop Odenheimer, of New Jersey; Rev. H. G. Batterson and Rey. Dr. Storkey, of Pennsylvanta, and Madame Octavia Le Vert and daughters, of Ala- bama, are at the Coleman House. A Bull Ran Panic—The Party Press—The Crowning Blunder of Horatio Seymour. According to our advices from Washington, the panic stricken clique of democratic plotters theté are makizg fresh efforts to bring about the withdrawal of Goverfor Seyiour and General Blair from the Presidential canvass. The late elections seem to have created a regular Bull Run panic, or the confusion of a mutiny on board ship among the terrified de- mocracy. We have never had anything to compare with it in all the ups and downs of our political parties, It is ali owing to a little clique in New York, a little clique in Washing- ton and a little clique in Cincinnati, seized with the idea that Frank Blair is the Jonah who has brought the democratic flagship among the breakers, and that, Blair thrown overboard, the vessel might still be saved. Hence through the telegraph these cliques undertake the des- perate experiment, and so simultaneously from Washington and New York the proposition is thrown out. But Messrs. Tilden, Belmont and Augustus Schell, of the New York board of underwriters, say ‘“‘No. This thing, gentle- men, will never do. A change of front is impossible. It would be equivalent to disband- ing our forces. We in New York are not panic- stricken.” This settles the question. It would have been the stupidity of an idiot on the part of Mr. Belmont to have given a moment’s respect- ful attention to this proposition for a retreat of the democratic army by a flank movement in the face of the enemy. He rightly says, “It would be equivalent to disbanding our forces.” The same opinion is expressed in terms of fiery indignation, not only by the red hot demo- cracy, but by the rank and file generally, Nor do they hesitate to charge the treacherous proposition for a change of front to the weak- ness and the crime which placed poor Maximi- lian in the hands of Escobedo and gave to everlasting infamy the name of Benedict Arnold. Among the conjectures afloat it is said that the moggt active parties behind the scones in this movement for the dropping of Seymour and Blair were certain coteries of sporting gentlemen who had made heavy bets upon Seymour and were anxious to save their money, and hence this shrewd device of with- drawing him from the course. If this is true, then, in addition to the bank ring, the whiskey rings, the tobacco, petroleum and other specu- lating and peculating rings in this canvass, must be added ihe faro bank and sporting rings, heretofore omitted in the general summing up. We incline to think, however, that the cliques we have indicatedin New York, Washington and elsewhere really thought that in dropping Seymour and Blair and taking up Chase and Hancock, or Chase and Hendricks, or Chase and John Quincy Adams, the democracy might still carry the Presidential election, and that a pronunciamiento at the same time from two or three prominent democratic organs would bring. about through Mr. Belmont and his com- mittee the change demanded. The party organs thus involved in this busi- ness, instead of striking oil, have been sold, and their assets, wo fear, will hardly meet their liabilities, But party journals and the cliques depending upon them are very often pushed to the desperate expedient of staking everything they have of cash or credit upon the turn of a single card. They are nothing but gamblers in politics and are utterly unscrupulous in their tricks of the game. The time has been when they wore a power in the land, but that time has forever passed away. Some thirty odd years ago a change of base, suggested simultaneously by a recognized party organ in Albany or New York and another in Washing- ton, would have been promptly made; but we see that such an experiment at this day of the telegraph and the independent press excites only derision, indignation and contempt in the party camp. The people ot this country of all parties, rank and file, have advanced far beyond the debasing instructions and selfish schemes of the party press. But, meantime, a world of mischief has been done, not only to the democratic ticket, but to the morale of the party. The Manhattan Club organ here and the Johnson organ at Washing- ton having sounded a defeat and a retreat the alarm has gone forth upon the wings of the lightning, and from all points of the compass we hear the echoes of a spreading panic, from the centre to both wings of the army. A democratic despatch from Washington says that the regular old democrats will not swallow Chase, and that they “bitterly denounce the Tammany politi- cians, whose intrigues secured the nomination of Seymour and Blair in the first place, and who (the Tammany politicians) are the first to desert the ticket.” Another Washington despatch says that the President is in favor of a change, and that Montgomery Blair thinks it would have been all right if Frank had been put first and Seymour second, Another despatch says that there was an unusually protracted session of the Cabinet on Friday, and that some suppose it was all about this proposition to “swap horses.” A democratic organ at New Orleans {ofa Amevioan provinces, in relation to the fisheries | sage that it Blair is to be cast overboard Sey- mour must go with him, and that this is the way to cut the Gordian knot. ‘The Philadel- phia democracy, in view of a probable change, are reported to be in favor of Chase and Han- cock. From the West we baye the informa- tion that Frank Blair is ready to stand fast or retire as the party may demand. A demo- cratic organ at Augusta, Georgia, charges Belmont and the World with lukewarmness and with having made an effort to sell out to the bondholders, and calls for a change in the head. of the National Executive Committee. That fellow was a little too fast. Mr. Belmont does not retreat, From these perturbations among the democracy, however, it will be seen that this proposition for a change of the party ticket has had a terrible effect throughout the party camps, equal to that of an exploding bomb- shell in the midst of a picnic. Five hundred thousand dollars expended upon republican campaign documents and stump speakers would have been but a bagatelle in behalf of the re- publican cause, compared with this blast from the democratic trumpeters of Washington and New York—that the democratic party cannot survive unless they immediately cast over Frank Blairintothe depths of the sea, and Seymour too, because of his association with Blair. Here comes in, for the instruction of Horatio, that trite old maxim that ‘‘cheating luck never thrives.” A word from him at the critical moment in the Tammany Convention would have secured the nomination of Chase, which would have inaugurated a substantial political revolution at once throughout the country. But Seymour, as in 1862, when he was elected Governor on his war platform, was not equal to thigerisis. I: announcing his nomination of July last we pronounted !¢ a fiasco, but such a fiasco as it now appears to be we little dreamed of. Blair and the Brodhead ieiier and the Wade Hampton platform were only the price which Seymour had to pay for his nomination. Surely the Pendleton escort have had an ample equivalent for all their suf- ferings in Tammany Hall. The two-thirds rule was the salvation of Andy Johnson, but it has been fruitful only of miserable patch- work compromises and disastrous defeats and convulsions to the democratic party, from the time of Van Buren down to Seymour. What State, besides the state of despair, is now cer- tain for Seymour? Who can tell? “Tue Happy Man."—The red hot Brick Pomeroy. He has the organ of the Manhat- tan Club of ‘‘bloated bondholders” fairly upon the hip, and in his joy he effervesces through every pore like a barrel of new beer. A Grand Conference of the Latter Day Saints. While the present month has witnessed con- ventions of the leading religious societies east of the Rocky Mountains it has also witnessed, west of the Rocky Mountains, a grand con- ference of the Latter Day Saints, But a marked contrast has beet offered by the pro- ceedings of these assemblies. The Eastern Gentiles have wasted much breath in idle dis- cussions about the difference 'twixt tweedle- dum and tweedle-dee, in doctrin: speguly- tions or about obsolete rules of disciplitie, or about man-millinery in general and the muslin jackets of chorister boys in particular. They have given but slight consideration to either the solemn ideas of oternity or the pressing realities of time, The Latter Day Saints, on the contrary, declare, ‘‘We want to be pre- pared not only to feed the immortal mind, but the body that holds it. It is the privilege of the servants of God here not only to minister in spiritual, but in temporal things.” They therefore devote their attention to such very practical questions as the duty of storing up grain in seasons of plenty and distributing it in seasons of scarcity; the indispensableness of labor, inasmuch as they have fully adopted the old Latin motto, orare est laborare; the obligation ‘‘to labor months in these mountains to make roads to get our timber for fuel and fencing stuff,” and “‘to make thousands of miles of canals to guido the water to oiir fields ;” and, especially, the immediate and prospective results of one of the greatest enterprises of the age, the Pacific Railroad. Elder Pratt exclaims, ‘If the Latter Day Saints had not launched into these desert wilds, where would have been the great railroad to-day? It might not have been built for a century to come; and where would have been your gold mines?” Elder Hyde utters his conviction that ‘‘instead of the comple- tion of that road proving the downfall of the Saints, if they will be wiso their feet will be made fast ip thege crorigetins is. br can It is by thus steadily facing facts and by per- severing in intelligent and indefatigable co- operation, that the Saints have accomplished marvels of industry in the inhospitable wilder- ness which, under their hands, is beginning to blossom like the rose. Whatever may be thought of their narrow minded ostracism of the Gentiles in their midst, and of their ‘‘pecu- liar institution,” polygamy, it must be con- ceded thatthe Mormons are the most practical people in the world. A little of the common sense which has been exhibited in their grand conference in Salt Lake City would not be amiss in the religious conventions held in New York. ATTEMPTED ASSASSINATION OF GENERAL Paim.—The report of an attempt to assassi- nate General Prim in Madrid indicates, as the attempts to assassinate the Emperor of Russia, the Emperor of the French, the Queen of Eng- land, the Emperor of Austria, Bismarck and the late Prince of Servia indicate, that assassina- tion, if not, as Ben Butler asserts, an element in American politics, is certainly an element in European politics. It cannot safely be ignored by the crowned heads of Europe and their Ministers in power. In Spain ever since its bloody conquests in Mexico and Peru this ele- ment has existed, and the violence and disor- der directly resulting from the rigid despotism which the Spaniards have endured tend to aggravate it. The clemency which Prim him- self is said to have extended to his would-be assassin may be politic as well as generous under the actual circumstances, But it is manifest from this attempt at assassination that republicanism has s hard road to travel before it can permanently flourish in Spain. Tas Onty Guanok.—The only alternative left to Messrs. Barlow & Co. is to shut up shop, go the whole figure for Grant, or— Sed Seo MS ty ne hae eA TS Sn ee ee cence eee ne AUER arLaRETEaE=Teaeeranseere nenens ee eee eS ee Bungling Legislation in Regard to Marine AGaire, . An American humorist relates an anecdote illustrative of the stupidity of a navy dignitary in a neighboring republic wh.vh is not without its application nearer home. An army officer required transportation by water for three hundred troops and applied to the Secretary of War. That official referred him to the Secretary of the Navy, and the latter again referred him to the commander of a certain government vessel. The commander in a let- ter to the Navy Secretary reminded him that his was a sixty ton schooner and had not room to carry the number of men designated. The Secretary replied, ‘Throw overboard your tons and make room.” This anecdote is indicative of the amount of sense that has governed our marine affairs both in the departments and in Congress for a number of years past. All Congressional legislation on the subject has been of the most shameful and bungling description, so far as commerce is concerned, while the action of the head of the Navy Department has been of like character in regard to war vessels. The stu- pidity of Congress has done more toward crip- pling American commerce than could twenty Alabamas. It has driven our merchant ves- sels from the seas, it has paralyzed the the shipbuilding interest, and has lent encouragement by tacit delays and per- plexities to the establishing of near a dozen lines of foreign steamships from this port alone. In the midst of all their folly and fustian about the everlasting nigger, Congress- men have utterly lost sight of the great strides commerce is making in the way of modern improvements and new inventions, and of the rapid approach our country is making toward becoming the focus of the great trade of the world with China and all the Indies. They seem to be legislating for an age of sailing luggers, wooden sea tubs and singe coaches, instead of an age of steam, electricity, thousand horse power engines and locomotives of unparalleled strength and velocity. They seem also to have no idea of the progress iron is making in supplying material for ship- building, nor of the necessity of so modulating the tariff as to nourish the shipbuilding interest end encourage the establishing of American ocean steamship lines. Instead of considering the great and paramount interests of commerce, these Congressmen are legislating upon some trifling, contemptible mercantile matter. Among these is that of requiring owners of vessels to have the numbers of their craft engraved in a certain place in the vessel, in a certain style of lettering, and painted in a certain kind of color. Unless this silly regulation be complied with the vessel ceases to possess American nationality, and may be treated as a pirate by every naval Power in Christendom. Thus if by any accident this number may be lost—for in- stance, by collision, shipwreck or damage of any sort, or may have been accidently omitted to be placed in the exact spot described in the Lot et PRD ee it BT lg regulatlons—the vessel loses the protecuo.u c. the American flag, a clearance is denied her at the Custom House, and no new marine papers will be issued to hor nor old papers renewed. This is a harsh and arbitrary regulation at best ; but it is especially onerous when we ‘reflect upon the different classes of vessels upon which it is intended to operate. We mean particularly pleasure yachts. To classify yachts in the same category with mer- chant vessels is simply absurd, and to require their owners to comply with regulations like that apon which we are commenting Is the height of official stupidity. As well might Congress require the owner of every private carriage to havea certain number stuck in huge black letters on the pannels or upon a certain spot in the inside of the vehicle as to require the owners of pleasure yachts to comply with this purely mercantile fiat. These pleasure yachts are as much national vessels as any men-of-war in the navy and should be entitled to like immunities. They are the models upon which our fastest war vessels have béen constructed; they sustain our reputation as a go-ahead, progressive people—witness the feat of the renowned yacht America which polished off our English cou- sins so handsomely; they are supported en- tirely at private expense, which any one knows who has tried the experiment is no bagatelle; they engage inno trafic of any des- cription; their friendly contests and displays are matters of pride to the whole country, in- spiring in our youth a love for manly aquatic sports and duties and imposing 4 spirit of emu- Tation amohg MF ee Sho “have baninecs on the ocean.and to all who are obliged to ‘go down to the sea in ships.” Hendé we hold that it is not just that this class of vessels should be in included all the arbitrary and stupid man- dates that may emanate from the Treasury De- partment under the ignorant legislation of Con- gressmen who, perhaps, never saw a yacht in their lives. We trust the department will see the necessity of excluding pleasure yachts from the operations of this order; otherwise the Secretary will stand confessed before the community as not a whit wiser than tho nauti- cal doit who presided over the naval destinies of the neighboring republic we have referred to. “Let Us Have Peaor.”—Under this famous motto of General Grant, a call, numerously signed, has been issued for ‘‘a meeting of the war democrats in favor of General Grant for President,” at which it is announced Judge Pierrepont, Henry G. Stebbins, Henry Nicoll, William F, Havemeyer and Francis B. Cutting, old line democrats, will be among the speakers, We have no doubt this meeting will be a rouser, and will distinctly show that the moral effect of the late elections is running like the cholera. Toe Wau, or tas Last or tar Bour- Bons—The protest of Queen Isabella against “the series of lamentable disaffections, the acts of incredible disloyalty,” which have compelied her to fly from Spain. She flies without a battle, but she writes like a hero. She says that ‘Liberty, in its unbounded ox- pansion and in all its manifestations, attacking Catholie unity, monarchy and the legal exer- cise of authority, disturbs families, destroys the sacredness of the domestio hearth and extinguishes virtue and patriotism.” The samo old ory of the Bourbons. ‘They learn noth- ing and they forget nothing.” ‘‘So it was in the beginning, is now, and ever will be. Amon.” The Financial and Commercial Prospect as ening the public credit by improving the political prospect before the country. The advance of more than two per cent in five- of Seymour and Blair had been in the ascend- ant they would have had grave misgivings as to the future of the nation and a feeling of depression would have crept over Wall street, and especially the market for government securities, while gold- would have risen as rapidly as it has recently fallen. The votes of Pennsylvania, Ohio, Indiana and Nebraska last Tuesday have therefore exerted a powerful influence for good upon the financial and com- mercial interests of the country. The result has inspired confidence where hesitation pre- viously existed, and its full effect has yet to be witnessed. The quick response abroad to the advance in the five-twenties here shows that the influence of the popular voice as heard through the ballot box is not confined to our own land, but is potent for good among the nations of the Old World, where we are better known and understood than we were before the war developed our national strength and manhood and the enduring strength of repub- lican institutions. The general trade of the city and country is moderately active for the season, but there is a prudent desire manifested to avoid over- trading, and this conservative tendency is an element of safety. As we near the time for the Presidential elections a falling off in whole- sale business of all kinds is to be expected, owing to the partial diversion of large bodies of men in the aggregate from their ordinary pursuits to participate in the excitements of the campaign. But following its termination renewed activity may be looked for, and there has never of late years been a time when busi- ness men had tess occasion to regard the future with anxiety or alarm. The movement of the grain crop in the West is just now rather slow, owing to a disposition among the farmers to hold back for higher prices, but the harvest has been abundant and the supply of cereals yet unmarketed ia very large—a fact to which, together with the de- ; cline in gold, the recent fall in pricesis at- tributable. The cotton crop, too, promises well, and the aggregate will probably not fall far short of two millions and a half of bales, for our surplus of which there will always be a good foreign market, notwithstanding the increased supply of the staple from India. Trade, finance and politics are so intimately interwoven, eiped ‘a fo th’s country, that what favorably affects the one cannot fail to sympathetically influence the others, and hence it is that while our financial prospects have been improved by the recent republi- can majorities in the States mentioned, trade has also felt the effect by inspiring the business community with confidence in the stability of our financial system, and conse- quently of the entire superstructure, and this will gradually develop itself in the growth of enterprise and an enlarged prosperity. We can see no breakers ahead at present, while there is much to reassure the timid; but in- ordinate speculation, either in Wall street or elsewhere, should be carefully guarded against as one of the dangers of the time. Goop News From Uttoa—That Mr. Sey- mour is in good health, goes fishing when the skies are favorable, eats his three square meals a day and is not in the least flustered by the panic in the Manhattan Club, but cool as a watermelon, The Spanish Woevolution as Affecting Cuba and Porto Rico. The contradictory reports about the state of political affuirs in Cuba and Porto Rico since the outbreak against Isabella Il. in Spain will be generally interpreted in favor of the revo- lution. While Captain General Lersundi takes the position of waiting for the course of events on the Peninsula Captain General Pavia works with a will to preserve the loyalty of Porto Rico. Some severe engagements are reported to have taken place on the latter island, and the official accounts differ materially from those received through private sources, The partisahd of General Prim are numerous and powerful in the Spanish Antilles. So dreaded by the late government of Spain were they that several of the most noted men of Porto Rico were sent into exile. Now that General Prim promises to get control of the Pe- ninaular government we may look for such a change in the executive officers of the Antilles as to prepare those islands for carry- ing out General Prim’s policy. Already it is announced that General Lersundi is to be removed from Cuba. The place was offered to General Dulce, who refused to serve, but it has been accepted by Seftor Ros de Olano, Count of Almiaa. It behooves the American government to pay a close attention to the antecedents and policy of ail the men appointed by the new Spanish government to rule in the Antilles, The history of General Prim is too well known to need repetition. His character is that of a daring and onergetic soldier and an unscrupulous politician, His identification with the Western alliance of Europe in the Russo-Tarkish war, as also with the interven tion schemes in Mexico, should afford cluo enough as to where he will stand in the contest for the commercial control of the New World. Tae Erreot 1s tae Sourn.—A Charleston newspaper, devoted to the cause of Seymour and Blair, having heard from Pennsylvania, Ohio and Indiana, gives it up, and says our only hope now is to look to the ballot in our own State. A good idea; but it woul& havo been better had all the Southern people thought of this a little sooner. Tho man in the fable did not get his cart out of the mire by praying to Hercules, but by putting his owa shoulder to the wheel. Srartiina Romor—That the Hon. John Morrissey doolines to bet on Seymour for the Empire State, The Overthrow of Telegraph Menepely i. California. The Western Union Telegraph Company ap- | pears destined to have a hard t{me ip Cali. fornia in its attempts to retain » monopoly of the telegraphic business in that State, . Some two years ago it purchased afl the lipes apd pri- vileges of the California State Telegraph Com Pany, and, supposing that it had secured the tire control of the business of the Pacific increased its tariffs to an unreasonable amount, charging six dollaps ip gold for » 6 of ten words from San isco to New York, This abuse of power almost put a stop to busi- ness and occasioned a loud demand for a cot, peting line, and {t was not long before a rival company took the field, under the name of the Atlantic and Pacific States Telegraph Com- pany, and commenced-the construction of new and superior lines. The Western Union ap- plied to the courts for an injunction to compel the new company to abandon their project; but the law and public sentiment are both against the monopolists, and the rival line is not only certain of gaining a legal victory, but is securing advantages over its powerful enemy atevery point, The San José Railroad Oom- Pany, it appears, favors the new project, and has directed the Western Union Company to remove their poles from the line of that road, giving the new company the exclusive privilege te run on their route; while the Board of Trade of San Francisco and all the leading commer- cial men of California declare in favor of the opposition enterprise, and announce their in- tention to help it forward by their patronage to the extent of their ability. The success of the new line will be a great benefit to the people of California. A telegraph monopoly is one of the worst mo- nopolies that can exist in any country, sa far as the general public are concerned. It cramps the facilities for doing business and raises the tariff to a poiut that places the use of the wires out of the reach of all but the wealthy, thus giving an undue advantage to capital. It 1s also injurious to bona fide stockholders, for it is a well established fact that wherever competition exists and low tariffs are adopted the increase in the business is so great as to add largely to the profits. It is, therefore, a good thing for the stockholders of the Western Union, as well as for the public, that the monopoly so obstinately contended for by that company is everywhere being broken up, and the only parties who can be injured by the establishment of competing lines, now going on all over the country, are those connected with inside rings and combi- nations formed for the purpose of making money illegitimately through the exclusive control of commercial news. Revolution in Americn and Europe. “Communicate to the United States govern- ment our gratitude for its prompt recognition,” The above is the language of a despatch from the liberal and Progressiva provisions! govern- HY of Spain W tho Spanish Minister ig Washingtoa, in response a thé i. on of that government by that of the United States, being the first in the world to do so. ‘i Could the founders of the American repub- tebe fried Sil ith at this day and witness the growt mt sentiment of popular liberty, the seeds of which they planted and nurtured with their blood for seven long years of strife, they would stand amazed at the spectacle presented. In 1776 the expe- riment of free institutions and the capacity of man for self-government was commenced in this country. The immortal Declaration of Independence proclaimed to the world that’ Americans would no longer be bondmen, and the struggle for independence was inaugu- rated. The mother country resisted with all her tremendous power. But, impoverished, without concentration of action, with few friends, with nothing but the holy inspiration of liberty to nerve and strengthen them for the terrible encounter, the Americans, under the magnetic leadership of Washington, went into the fight, and, as all the world knows, came out of it brighter than burnished gold, with their independence acknowledged, and the spirit of freedom for which they contended infused into distant nations as a part and par- cel of the grand philosophy of modern pro- gress and civilization. The American Revolu- tion of 1776 was the keynote which the bugles of the French revolutionists took up in 1783, and thereby created such a clamor in Europe that the old monarchies and dynas- ties trembled and tottered to their foundations. The principles enunciated in the American Declaration of Independence were adopted as the creed of the revolutionists in France; they spread into Germany, overran Belgium, awakened the smouldering fires in Ireland, terrified England, emboldened the chartists, encouraged Poland and the Greeks, asserted the redemption of the South American repub- lics, revolutionized France a second time in 1848, girded the loins ef Garibaldi and nerved the arms of the brave Italian liberals, touched with sentiments of constitutional reform the government of Great Britain, and even the government of the Porte, and last in the history of great achievements under this magnificent American Declaration its elements have just burst forth like a vol- cano—in a night, as it were—in Spain, over- whelming a corrupt, grinding and licentious despotism, and, under a Spanish general of American experience, Prim, laying the founda- tions in that benighted country of an era of liberalism, and a fall acknowledgment of the natural rights of mankind that. will be hailed with rejoicing by the friends of liberty and equitable government all over the earth. To return to our own country. We have seen in the way the rebellion of 1861 was dis- posed of the soundness and the far-seeing sagacity of the fathers of the republic. The text of that great Declaration of Independence were hidden truths that time has developed with signal distinctness. The rebellion was an attempt to prostrate to an oligarchy those im- pressions of liberty which had been inculcated in the hearts and minds of the children of the North through their schoolbooks, the chief precepts of which were based upon the truthe of the Declaration, The Northern mon then went into the fight for those free and liberal institutions, the ideas of which were thus ip- stilled into them and which they knew wete imperilied and would be forever crushed wore the rebellion to succeed. But it failed; and as the strength and endurance of Amegioan free institutions were thus triumvhantly established