The New York Herald Newspaper, November 2, 1868, Page 6

NEW YORK HERALD, MONDAY, NOVEMBER 2, 1868.—TRIPLK SHEET. 6 NEW YORK K HERALD inna mi sneanin of ecarhM | whose parents was a Christian. A meeting of friends of the evangelization of Spain was held at the church of the Pilgrims, in Brooklyn, last evening, and ad- dresses were delivered on the subject by Dr. Ganso, Dr. Storrs, Dr. Schenck and others. An address was delivered last evening at the John street Methodist church in this city on the condition of the people of Liberia by ex-Preatdent Roberts, of that country. The Inman line steamship City of Cork, Captain oer * Phillips, will leave pier 45 North river at 1P. M. Herat. to-morrow (Tuesday) for Queenstown and Liverpool, Letters and packages should be properly | calling at Halifax, N. 8., to land and receive mails and passengers, The malls will close at 12 M., 3d BROADWAY AND an JAMES GORDON BENNETT, FROPY’ 1ETOR “STREET. All business or ‘news letter and telegraphic ust be addressed New York @ealed. . inst., at the Post Ofmice. Rejected communications will not be re- The Hamburg American Packet Company’s steam- ie stip Holsatia, Captain Ehlers, will leave Hoboken turaed. ca moncononas at2P.M. on Tuesday, $d inst., for Southampton and Hamburg. The matis for Europe will close at the Post Office at 12 M. to-morrow. Prominent Arrivals im the City. THE DAILY HERALD, pudlished every day in the gear. Four cents per copy. Annual subscription price $14. ila Oya ae Colonel G. 8. Purdy, of the United States army; = ih = a | Lieutenant James Zabriskie, of the United States Vol WOM nec ccc arcensanvccsnees +-Noe 307 | Navy, are at the St. Charles Hotel. — = Colonel Chilsom, of the British Army, is at the St. AMUSEMENTS THIS EVENING. Jullen Hotel. . ecieee THRATRE. Bowery Revery.ArER DARK? GR, Congressman F. E. Woodbridge is at the Fifth Ave- SENS (x LIFE IN Lompon. nue Hotel, i = H. P. Walker, British Consal at Charteston, is at Arka Ee corner of Highth avenue and | tne se Nicholas Hotel. General Burton, United States Army, C.J. West, Springfield, Masa, Major M. 1. Dyckeman, United States Army; Dan Rice, of Girard, Pa., and Dr. T. B. Allen, of Philadelphia, are at the Metropolitan Hotel. FRENCH THEATRE, Fourteenth streot and Sixth ave- Que.—GENeYIRVE DE Buananr. OLYMPIC THEATRE, wits New FEatuzes. Pree THEATRE, Broadway Ticket oF Leave way.-Houmery Dourry, To-Morrow’s Elections—Parties and Candi- dates in the Metropolis. The elections that are to decide the policy of the general government for the next four years take place to-morrow, and at sunset on that day Grant and Colfax will have been chosen by the people President and Vice Presi- dent of the United States. There is so little doubt of this—so little possibility of changing the result foreshadowed by the decisive repub- lican victories in Maine, Vermont, Pennsyl- vania, Ohio, Indiana, Nebraska and West Vir- ginia—that the election would be a one-sided, humdrum affair if it were not for the contests in some of the doubtful States. Seymour and Blair are virtually out of the field; but the democracy have yet a chance of increasing their strength in Congress—of winning a State here and there and of holding on to such local power as is within their reach, so as to secure a basis for future operations and pre- vent the annihilation of their organization. In this view of the case the main interest centres in New York, and here will be the principal battle ground of the campaign. It would be ® great thing for the democracy of New York if they could save thelr State ticket out of the general ruin, as.in that event they would win the right of leadership in the reorganization of their party, while at the same time they would protect themselves against such adverse Al- bany legislation as might break their strength in this city and prevent them from ever again rolling up the immense majorities which have so frequently overslaughed the rest of the State. On the other hand, the republican politi- cians cannot well afford to lose the Em- pire State. Itia needed to strengthen their claim upon Grant's administration, and both factions of the party—the Morgan clique and the Fenton clique—look to victory at home as the first necessity in their approach- WALLACK’S THEATRE, Broudway and 1b street. — TuR Lascasutne Lass. GERMAN STADT THEATRE, Nos, 45 and «7 Bowery.— Dex Sonn DER WILDNISS. NIBLO'S GARDEN, SPALTACUD, LN THE GL. MRS. F. B. CONWAY'S PARK ‘THEATRE, Brooklyn.— MaAssani 5 Broadway—EDWIN FORREST AS TOR. BRYANTS’ OPERA HOUSE, Tammany Building, Mth sireet.—EVIMOPIAN MINSTBRLSY, &0., LUCRETIA BORGIA. KELLY & LEON'S MINSTRELS, 720 Broadway.—ETmo- Piaw MINSTRELSY, BURLESQUE.—OuruBe AUX EN¥ERS. SAN FRANCISCO MINSTRELS, $85 Broadway.—Erm10- VIAN ENTERTAINMENTS, BINGING, DANOING, &C. TONY PASTOR'S OPERA HOUSE 201 Bowery.—Comio Vooa:.ism, NEGRO MINSTRELSY, &c. THEATRE COMIQUE, 514 Broa: erat Lixeagp AND VAUDEVIL! TAS Great OxI- JOMPANY, WOOD'S MUSEUM AND THEATRE, Thirtieth street and Broadway.—Afternoon and nd evening Performance. APOLLO HALL, Twenty-eig Jans Tayton, THE GBEAT Low: NEW YORK CIRCUS, Fourteonth streot.—Equesrata® AND GrMNAsTIC ENTERTAINMENT. ith street and Broadway.— ,ONDON COMIC. ees EUROPEAN CIRCUS, corner Broadway and 84th st, —EQUROTRIAN AND GYMNASTIC PERFORMANOES. ALHAMBRA, 616 Broadway.—MvusioAL MOMENTS WITH Maney Mouus. ALLEMANIA HALL, No. 1B E East Sixteenth st.—Lxc- vuRR—EARTH AND MAN. HOOLEY'S OPERA HOUS! Brooklya.—Hooury'’s MinsTRELs—FEMENINE WioWw aN. 9 HOOLEY'S (E. D.) OPERA BOURE. ifamaburg.— Hoo.er’s MrieTRELs—Base BALL, & ssipicamaaiie NEW YORK MU Sormxos AND a TRIPLE SHEET. mee York, Monday, November 2 1868. TaR wows. Barons. ‘The cable reports are dated November 1. A special telegram to the HERALD from London states that the ‘arrangements for the settlement of the Alabama claims are progressing favorably and will terminate within a few days. The English government evinces haere aa vio ing scramble for control of the federal Several shocks of earthquake have occurred at | spoils. The large registration in this city and Teamington, in Warwickshire. Parliament will pro- Brooklyn warns them that they have no easy bably be dissolved next week and the writs for the task before them. At the last State election elections will be issued immediately after. Three % days from the date of the writs the elections win | the democratic majority in New York and commence. Kings was seventy-four thousand. The repub- Fresh troops are to be sent to Cuba by the pro- | licans had twenty-six thousand majority in all vistonal government and the city of Havane is | the rest of the State, leaving a total majority pepicbarg to borrow 10,000,000 of crowns to finisD | oF forty eight thousand for the democratic can- ihe Isabella canal. Belgiura hus officially recognized a i shoe the provisional government. didates. The increased registration in the two cities this year is fifty-six thousand. Allowing only forty-five thousand of this to be polled, Serious riots have taken place in Rotterdam and The troops had to fire upon the people, killlug aud Wounsling several. Many arrests were made. and giving eighteen thousand of the increase to Miscellaneous, " Severa! prominent democratic politicians of this | the republicans and twenty-seven thousand to city have been indicted by the Grand Jury of Phila- | the democrats, we have a democratic majority delphia for violating the election laws there during | in New York and Brooklyn of eighty-three the October elections. Governor Geary has in con- | thougand. To overcome this the republicans head canescens econ mg shah " |} must more than treble their last year’s majori- Fenton. Among the names mentioned tn (he requi- aoe te 5 7 sition are Henry W. Genet, Peter Norton, Lewis | ties in all the other counties of the State. Yet they express confidence in their ability to do this, and profess to count upon the election of their Governor. Baker, ‘ky Moore and others. ial stortes npanicd by their contra from Alabama. A Huntsville de<pateh , says (he Su Klux attacked a republican mass meet- si ing on Saturday night and killed Judge Horton, a In Stes, loca contest the democratic can- marked 1 and two negroes, A Selina despatch | didates will have as easy a race as will Grant ways al! such stories are false. and Colfax upon the Union track, and hence, Our Washington correspondent say# it 1* Intl | Wien any nominees might have heen elected, it mated (heve by parties who profess to know that 3 ‘ the Insurrectionary movement in Cuba will aseume | #* fortunate for the people that fair men have a startling magnitude before long and that the Cap- | been put into the field, The Judiciary ticket is twin General will flud it necessary to withdraw in | always of jmportance, and with Barnard for haste. The object of the insurgents is an indepen- } ine Supreme Court and Bedford for the City dent government for the island, and there are many ; 4 ht be satis- promineat parties outside of Cuba deeply interested Judgeship our citizens have Fir tre ~ in the success of the movement. fied. The former has proved mself to be a Itis not yet known whether General Reynolds will | firm, upright and capable judicial officer, and cto ge the latter will command a wide support out- however, itis probable that he will be succeeded by * " me lawyer of marked General Giliem or General Buchanan. Gillem for. | "Ae Party lines asa young lawy fore those States were reconstructed, and Buchanan | We have several times insisted upon the claim in Louisiana and Texas before General Rousseau ar- | of the Big Judge, blathering Mike Connolly, be relieved of his command in Texas or not. If he ts, merly commanded in Mississippt and Arkansas be- | bility, industry and high personal worth. fived. ss ‘an eaiiasansil to official preferment. Perseverance is a Secretary Stanton, in his speech a adelphia | on Saturday night, sald that he sent despatches to | Virtue that should be rewarded, and ss Gover ymour during the war thanking hit for Mike has displayed a wonderful amount wending ps because he was the only Governor | of this praiseworthy quality in every disloyal cnough to expect thanks. Our chrrespondence from Fort Hays, Kansas, says that thirteen Osage chiefs had arrived there on the 2th ult. 60 consult with General Sheridan in rela- ston to tus proposal to join in the war against the yennios, ve Opinion recently rendered by Judge Dobbin, in the Rallimore Superior Court, distaiseing a motion election and for every conceivable office, he deserves the rich plum he has at last secured from the preserve pots of Tam- many. Greeley would make a very honest Register, no doubt; but it is his misfortune always to be put forth as a forlorn hope by his party when there is no prospect of success, Tor the vacation of writs against General Butler, is rm resis a ith published {a full elsewhere in our columns this | The Supervisor's fight is invested with some worniog. The Judge says that the persons of Sena- | interest from its triangular character. Wil- tore Kepreaentatives are sacred only from actual | Jigm Machiavelli Tweed, who ‘fixes things” arrestor the service upon them of processes, the | for everybody else and is united with Peter disregard of which would expose them to gitach “ * ment for Bismarck Sweeny in the general management Sixty puplis of Bix military school at Pongh- | of the Tammany democracy, is the regular keepuie were taken sick With cramps and diarrhoea | democratic candidate. But two Supervisors ou Satuiay afternoon, aud © panic prevailed for | yoy to he elected; the one receiving the high- some Protupt measures were taken, howeve' " is chosean by the people and w (them are now well, It is thougat some- eat number of votes is chosea by the people thing rong with a dish of headcheese tetwas | and the next in the race is appointed by the heartily ju conized by the boys wt dinner, and itis | Mayor. Isaac J. Oliver, the republican nom- to undergo a minvte soins i ines, would therefore be sure of an election Five burgiars attempted to rob a national bank in " Alton, fll. yesterday morning, but were surprised by | bUt for the fact that an independent de mocrat, tue watclman, whom they shot through tue iead, { Joho W. Chanler, is in the field, Oliver isa | member of the Board of Supervisors at the Killing him instantiy, and eseaped. siny ta, Shas Butler sa? abusing One | Hresent time, and is said to be an active worker indly in Massachusett: patrick has |. , ia he li eri @ lists ag the 4 Butler to meet him tace to face this atier. |" Me Nag, and Chanler enters tl the latter bas not yet accepted. | anti-ring candidate, claiming the support of istration lists of eleven counties in Arkan- | democrats and republicans who are opposed to fas have been declared invalid by the Governor George H. Pendieton addressed the dem Ayracnse on Saturday night on the occasio gre’ ray al thie Bk I As their name is Legion, democrats have a large spare , Chanler may be second in the the ring operations the in the ci y at nO aw and as vo | . City. | race, thus electing two democrats, This re- {Peary Ward Boocher preached riymowtt | salt, by throwing Oliver out, may materially es, havi ap ged kept - San iste he | juterfere with the famous schemes of the Su- tated that by aformal vole of the Cunroh baptism ervis ay hidden to any child one of whose parents wag | P°TY vad ring, including the valuable and ober of th the church, He woulu run 1 | interminable job of the new Court Trouse, itions, te said, although lie did Hol beieve 4 mer neue tothe 3 Fifth and Sixth dis- tricts. Sunaet Cox was having an easy time, with the republicans divided between Stewart and Lent; but the rival candidates have with- drawn, and now, as only one opponent is in the field, the district will be hotly contested. In the Ninth Fernando Wood is hard run by Savage, the Fenian, and the result may be the election of the republican nominee. John Morrissey’s prowess will again carry him through successfully, and enable him to knook all his adversaries out of time as easily asifhe had them ino twenty-four feet ring. The irrepressible Train has the support of the strong-minded women of the district; but Kennedy and Marshal Murray are likely to interfere with their voting, and hence they will not be able to render their champion much available service. In the Assembly districts the large democratic majority will be likely to carry in all the Tammany nominees, except, probably, in the case of Captain William L. Wiley, who is running in the Nineteenth dis- trict, and one or two other personally popular candidates, A groat deal of fuss has been made by po- litical partisans in regard to illegal voting, and there has been some apprehension of trouble at the polls. This is allnonsense. Both sides will probably get in as many fraudulent votes as possible, but no more than ig usually the case; and, eo far as the purity of the ballot box and the peace of the city are concerned, the local police authorities can no doubt pre- vent the violation of either without any inter- ference on the part of meddlesome marshals, sheriff¥, mayors, or any other superservice- able politicians. The State of Affairs in Wall Street. Except in times of actual panic Wall street has rarely been in a more disturbed and ex- cited state than it was all last week, and at the close there was not only no prospect of im- provement but the monetary stringency was more severe than on any previous day, a8 late as four o'clock on Saturday afternoon an eighth per cent commission, in addition to the legal rate of interest, having been offered for loans on government securities until to-day. It is a tallacy to suppose that this condition of the money market is due mainly to artificial influences, although the withdrawal of a few millions of greenbacks from the banks by stockjobbers has undoubtedly had some influence in producing it. If we turn to Bos- ton, to Chicago, and, in fact, to all the principal cities, both East and West, we find the same stringency everywhere prevailing, while the Southern exchanges have turned against us and we are now remitting to move the cotton 7 crop, and the requirements of the pork crop promise to still further increase the stringency in the West, which, as a matter of course, will react upon the money market at this centre. The highly inflated prices of nearly all the speculative shares dealt in on the Stock Ex- change, and the vast amounts of these which Wall street is carrying, have undoubtedly not a little to do in producing the present critical aspect of affairs. Speculation in railway and other stocks has absorbed 80 large a portion of the capital of the country that it has become a dangerous financial ele- ment in our midst, and if the present stringency has the effect of breaking it down to some ex- tent it will have exerted a salutary effect. To say that most of the leading stocks are selling for at least double their real value is not an exaggeration of the fact, and it would be pre- posterous. to suppose that these prices can be much longer supported even by the strong bull combinations under whose efforts all this inflation has been produced. So artificial a market is a source of constant peril, as in the event of the cliques becoming dis- organized from any one of several causes which might occur # panic would be precipitated at once. Government securi- ties and some of the State bonds are the only stocks in Wall street which have not risen materially with the high tide of infla- tion, and therefore they are comparatively cheap. The election of General Grant to the Presi- dency will doubtless strengthen confidence in the future of the country ; but it will by no means usher in the millennium of speculators, By improving the complexion of political af- fairs it will be of advantage to the public credit; but it will tend towards a gradual de- cline of the gold premium and so repress spec- ulation and bring prices nearer to a specie paying standard. Heuce those who have been calculating to the contrary had better recon- sider the subject. Just now the Treasury is in a needy condition, and it has latterly been absorbing about four hun- dred thousand dollars a day in ¢urrency in exchange for gold sold, and this has not been without influence in aggravating the pre- vailing stringency, while the prospect is that these sales will have to be increased in order to supply the current necessities of the de- partment unless the receipts from internal revenue are augmented. It is fortunate that, outside of the grain speculators here and in the West, the mercantile demand for money is light, and hence the present crisis in Wall street is threatening only to the speculators, who may easily come to grief without affecting the general interests of the country. The Politict Hoffman's Proclamation. Mayor Hoffman has issued a proclamation denouncing the course of conduct pursued by | United States Marshal Murray in view of the approaching election. {1 the Mayor's opin- ion Marshal Murray exceeds the li of hia duty. We have no interest in the question which isnot shared by order-loving citizen. Ii is right and proper that every doubtful vote be sei rutinized ; but it is not to be tolerated that citizens at the polls be interfered with in the exercise of their rights, It will be well for both parties to suppress their bellicose ten- ev dencies. Nothing but sorrow and disgrace can come from violence. It becomes New York, had as she is called, to set an example to the whole State, and not to the whole State only, but to the entire Union, Our republican | institutions are in danger if it i¢ no longer p sible to have an election in the Empire y which does not jeopardize the lives and pro- perties of* citizens. We call upon all good citizens go to conduct themselves at this time as to do honor to this cily and country and to redoct a lustre on our free institutions, which The excitoutent iu the Cougrosstoual rage ia j are the eawy of the world, and the Ballot Box—Muvor | The Late Disastvens Floods ta Gutaaianio An Appeal for Relief. We have received from Mr. John Hitz, political agent and Consul General of Switzer- land at Washington, a circular describing the recent unparalleled calamity which has befallen a large portion of Switzerland, and invoking the aid of the press in behalf of measures for the relief of the surviving victims of the disaster. The cantons of Tessin, Valois, Grisons, St. Gall and Uri have been devastated. ‘On the 27th of September rain commenced to fall in torrents along the northern and southern slopes of the Alps, and continued to descend, with but little intermission for eight days. During all this time a powerful south wind raged furiously amid the masses of snow and ice which had lain undisturbed for centuries in their inaccessible Alpine strongholds. Every mountain rivulet swelled into a rushing stream, every stream into a torrent, carrying appalling destruction in itscourse, The rivers ot Tessin, the Rhone, the Reuss, the Rhine and the Inn in their relentless power obliterated many of the choicest beauties of nature, impover- ished thousands of families and hurried hun- dreds to a watery grave. Whole forests, vine- yards and meadows stacked with grain have disappeared, and in many places not a vestige of roads, bridges and fences is left; houses, mills and factories are torn from their founda- tions, and even cemeteries and charnel houses have been invaded, and thousands of our fellow beings are reduced to abject poverty. Along the Rhine village upon village lies half buried in mud and débris, and every article of bedding and wearing apparel has either been swept away or rendered useless in houses where comfort and even plenty reigned, while their verdant meadows, productive orchards and beautiful gardens are one mass of grayish mud. Sixty millions of francs will fall far short of the loss sustained.” After this vivid description of a disaster which must be classed with the tornadoes, the volcanio eruptions, the earthquakes and other terrible convulsions of nature which have but lately spread consternation, misery and death among the inhabitants of both hemispheres, Mr. Hitz details the generous and speedy measures of relief adopted by the federal government and the different cantons of Switzerland, as well as by the rulers and the people of adja- cent countries, and earnestly appeals to the numerous Swiss emigrants who have settled in the United States, and to Americans, who are all friends of Switzerland, to aid in re- lieving the sufferers. An appeal so eloquent in behalf of an afflicted sister republic should surely meet at once with » hearty and liberal response throughout our great republic of the West. Donations can be sent to the Consul General at Washington, District of Columbia, either directly or through the consulates at New York, Philadelphia, Charleston, New Orleans, Galveston, Cincinnati, Chicago, St. Louis and San Francisco. They will be re- mitted to the Central Relief Association in Switzerland, which has been organized under the auspices of the Swiss federal government. Secretary Seward’s Way of Putting It. We published” yesterday in full (four columns) the oracular speech of Mr. Seward on Saturday afternoon at Aubura on the po- litical situation—a speech which has doubtless been a Chinese puzzle to most of our readers. After a second perusal of this wonderful pro- duction, however, we think that the venerable Secretary desires it to be understood in a quiet way (so as not to give offence to Mr. Johnson) that, as a choice of evils, upon the whole, he isin favor of Grant and Colfax. He puts it in this shape:—‘‘The Magistrates who are to preside, then (mentioning the President and Vice President), in the wofk of reconciliation hereafter ought, like those who have preceded in former stages of that work (meaning Lincoln and Hamlin and next Lincoln and Johnson and Old Ben Wade), to be men drawn from and representing that class of citizens who main- tained the government in the prosecution of the civil war (a sly dig at Se ymonr) and in the abolition of slavery:” for, says the Sage of Auburn, ‘in no other hands could the work of reconciliation be expected to be successful, because a different sort of Magistrate (mean- ing Seymour again as President) would be profoundly and generally suspected of a will- ingness to betray (a hint at the Tammany Con- vention affiliations with Wade MHumpton and Company) the transcendant public interests which were guided and secured by the war.” The meaning of all this beating about the bush is that Mr. Seward, having looked into the results of the October elections, has come to the conclusion that Grant and Colfax will probably be elected. This is the diplomatic style of the Secretary of State, and it beats the verbiage of Seymour all hollow. The Gold Discoveries in Asia and Africa. In another place in this day's Huraty we publish a full account of the new gold fields in Asia and Africa. The Asiatic fields do not as yet offer much encouragement, and the jea- lousy which the Chinese manifest towards foreigners effectually bars hope of success for the present. It is quite otherwise in Africa. The yields have not as yet been great, but the promise is abundant. [t will not at all snr- prise us if this gold discovery in South Africa leads to results quite as momentous as the gold | discoveries some years ago in California and { Australia. A historian recently deceased, and | not unqualified to give such an opinion, said that what the confusion of tongues at Babel was to the early ages of the world such were the great French revolution and the great gold discoveries to modern The grand | result of one and all of these was the disper- sion of the human family. We know what gold hesdone for the west coast of the American Continent. We know what it has done for Australia. Africa, to the rest of the world, has hitherto been valueless, It has contri- buted nothing to the general good. It has, in spite of travellers and missionaries, refused to benefit by what the rest of the world was will- ing to give, What the missionary has failed | to do the discovery of gold will be certain to do, If gold be discovered in remunerative | quantity and quality another proof will be fur- | nished of the superiority of the new agents of civilization. The steam en the electric telegraph, the printing press with the missionary, will accomplish what the mis tionary alone could never effect, Sonth Africa may become another Australia to the British empire, afd the result will be a gain ¢o civiliza- tion aud to mankind everywhere, times. ine, hese, t | shed and general disorder. ~ The National Debt. Long after the questions of reconstruction and freedmen’s bureaus have been consigned to oblivion the national debt, with its responsi- bilities and burdens, will be the difficulty of politicians. President Johnson's letter to General Ewing on this subject contrasts the extravagance of the last four years with the economical administration of the seventy-two years preceding the re- bellion in such a way. as to put it beyond doubt that a change must take place if the country is to be saved from bankruptcy. It seems almest incredible that the expenditure incurred within the short period since the rebellion should represent a sum almost equal to that of the seventy-two years preceding it. Surely no denunciations can be more eloquent than the naked figures that thus demonstrate the maladministration of the radicals. The purchase money of Russian America is no doubt a considerable item in our recent expen- diture ; but in the period previous to the re- bellion there are still heavier expenses of an extraordinary character to be taken into con- sideration. Louisiana, Florida and California were purchased from France, Spain and Mexi- co ata still heavier expense, and during that period a three years’ war with Great Britain, another with Mexico of shorter duration and numberless Indian wars helped to swell the na- tional expenditure. We can find no set-off in the period since the war comparable with these. Extravagances and corruption have been a heavier drain upon the country than the purchase of Russian America or the scanty pensions doled out to the widows and orphans of our soldiers. If the radicals saved the Union they have materially checked the pros- | perity of the country. ‘Your money or your life” was the unpleasant alternative put to the republic, which, between the Confederates and the radicals, seems to have fallen into Mats bad company. Mexico, Canada fend Cuba are ‘atill wanting to swell the greatness of our resources and make all North America ours; but so long as such heavy burdens of taxation are imposed on the people we cannot expect that they will drop willingly into our arms, In the midst of peace our expenditure is upon a war footing. What would it be if some unforeseen circum- stance involved us ina European war? Either bankruptcy or defeat, unless retrenchment be carried out with the most unsparing severity and a disinterested patriotism that looks more to the common good than the interests of party. Our financial mismanagement has indeed brought the country to a crisis scarcely less dangerous than when the first shot fired at Fort Sumter inaugurated the civil war. Then the vacillating policy of the democratic leaders compelled the people to support a radical government, and were the exclusion of the democrats from office the only result we should say, ‘Served them right.” But with radical power came radical plunder; and the amount of treasure thus robbed from the peo- ple has burdened us with a national debt which cannot be repudiated without disgrace, and which, if we hope ever to liquidate, we must at once set about putting the government expenses on a peace basis and detecting and punishing corruption wherever it may be found. Ex-Necretary Stanton on Governor Seymour. Ex-Secretary Stanton addressed an immense audience at the Philadelphia Academy of Mu- sic. last Saturday evening. His theme was Governor Seymour’s late speech, which he re- viewed, analyzed and denounced with unspar- ing severity. Among his most telling hits were the declarations that Governor Seymour had gone over President Johnson’s track for the purpose of making the people believe he was right and the republican party wrong, and that to this end the Governor had three speeches to suit the localities—one for the Ohio farmers, on the low prices of flour and grain; the second, in Pittsburg, to the work- ingmen, about the high rates of taxes, and the third to the Berks county democrats, on the vast expense incurred during the war for transports. He handled the Presidential aspi- rant without gloves, demolishing him utterly. Jt was almost cruel to expose Mr.. Seymour to a gladiatorial contest with Mr. Stanton, who would have found in General Blair a foeman far worthier of his steel. It is pretty certain that in venturing to ‘“‘swing round the circle,” like President Johnson, the eleventh-hour Seymour attempted feats more perilous than any of Leotard’s. Fortunately for him the break-neck exhibition will soon be at an end. Let us hope that he may survive the shock of his inevitable fall from the dizzy heights to which the National Democratic Convention lifted him. Shouting No pent up Utica contracts our powers, But the whole boundless continent is ours, he rashly rushed forth only to spring into the very arms of defeat. He may now seek his quiet retreat near Utica, and during the rest ot his life raise watermelons, hunt, fish and pose perpetually for Kurtz's admirable pho- tographs of eu Reymour at Rome, ELEcrion Dar IN THE Sovrn.—-Grave prehensions are entertained in many quarters that election day in the South wili be marked by numerous # 4 of violence, blood- If we may believe one-half that is said by the carpet-baggers the election in nearly all the reconstructed States will be carried for Seymour by the Ku Kinx Klans and their organized system of terrorism over the blacks. It is to be hoped, however, that both sides will appreciate the advantages of law and order, and that none of the dreadful outrages anticipated will occur. It generally happens, too, that, where fearful rows are ap- prehended and threatened law and order pre- vail. Weshall be prepared, therefore, for the news that the Presidential election, from North Caroling to New Orleans, has passed off quietly, aps A Goon Time Commsa—Beginning on the Ath of November (Wednesday next), when the long agony of this exciting and embittered party struggle for the next Presidency will be over, and when men will begin again to settle down to business. on Ben Berier.—Ben is playing with the opposition in the Fifth Congressional district of Massachusets like n cat plays with a dead Ife says it is allone way, aud he is holding meetings merely to keep up the e Go it, Bent ¢ monge, citerment, ee Republic or Monarchy, All Western Europe is discussing, with more or less energy, the possible outcome of the Spanish revolution and the shape the new goy- ernment will take. Will it be @ republic or» monarchy? Viewing the practical operation of several of the greater governments of the world we are disposed to doubt whether there is really so much difference between the twe as to justify all the discussion, and whether the question of republic and monarchy is not mostly a matter of words. In all countries that feel the civilizing and progressive influ- ences of contemporary thought government has finally taken such shape that it may be ana- lyzed into nearly identical quantities. There are in each a legislature, a tribunal to define and declare the full effect and Mmit of the utterances of the legislature, and an authority charged with the power and duty of enforcing the decrees of the legislature and punishing the violation of these decrees. This collection of political elements and the mutual relations of each are what is meant by the word govern- ment in France, in Italy, in England, in Prus- sia and in the United States, without regard te the words monarchy and republic. »- In all nations that recognize these elements practically or theoretically as the basis of gov- ernment the legislature stands as the true source of vitality, and this admits that the people are the ultimate sovereign power. Even in those countries that are nearest to despotic power, where the king may do the most of his own will, the same admission comes in very practically whenever the king finds that his decree has more respect if issued through a legislature and passed upon the pee- ple asa decree framed indirectly by themselves; and the fact that kings find it worth while te adopt this plan indicates the exact limit to which monarchy can go in its departure from the principle that is the basis of republics. Im countries where royalty judges it wise to put forth the notion that its decrees are inspired’ by the popular voice it is evident that the popwar voice is a thing that will command! attention when really heard. It isthe popular voice, therefore, as heard in the legislature’ that is the real power in‘modern governments,| whether called republics or monarchies, aud the rest is the accident of history, Prejudice, climate. Whether the legislature be the, French or Italian Chambers, the British House of Commons or our own Congress, it is the| same; it is the popular will, written in the law by whatever organ that gives the govera- ment its character. By these practical examples we see, then, that the great difference between republics and! monarchies, as monarchies stand now, is merely a difference in the tenure of the execu» tive—a difference in one of the adjuacts onl; of government. Thus in the United States we have a king for four years—only we do not callhim king, because of a prejudice against that word. In England they have a queen os king, who holds the position during good be+ havior. Iu countries where the executive holds during good behavior there is always apt to be a difference of opinion as to the beha- vior that justifies removal, and so it gene- rally takes a civil war to make a change. It seldom occurs that a whole people are so well’ agreed on such a topic as the Spaniards were this time. And this difficulty in getting rid of the executive is the defect of the European system. Our plan, that makes the executive regularly amenable to the popular voice, is theoretically correct aud practically much the better of the two. We think the Spaniards would be wiser in choosing this plan; but they will be safe enough with either, since, whichever they may choose, they sacrifice no vital principle of national life. Frank Buate’s Farewert, Appress in the East, en route to St. Louis, was delivered at Jersey City on Saturday night to a rousing turn out of the unterrified, and his last dis- charge was a parting shot at Colfax. Blair goes one way und Seymour another, and so they have not come together since July, and may, perhaps, never meet again. Charge It to the Tammany Convention. SOMETHING TO BE THANKEUT, For—That under the universal law of an end to alt earthly things there comes at last an ending to the electioneering fuss and fury, and wrath and vengeance, and all the annoyances of a Presidential contest. Page Polish Li Oiled and 4 Polished Rare Siete Bose baa” Sees er furl A Stubborn Cough ‘That wit Not Yield to ordinary remedies may be thoroughly cured by JAYNES EXPECTORANT, a wont eflective medicine in all Bromobied and Pulmonary Disorders. “Sold everywhere. Batchelor’ Hair e world. 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