The New York Herald Newspaper, December 11, 1868, Page 9

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a fINANCIAL AND COMMERCIAL. ‘Tavespay, Dec. 10—6 P. M. Increased activity in money, consequent upon the crop movement at this time of the year, and ap ex- treme senaitivencss in the trot ihe Great uncertainty thas @xlabs fspeci provable gf Congressional legislation upon the of the finances, i view of the woty radical and extreme propositions now ‘ender consideration, have served to render ‘he general tone of the market, both in reapect to governments and miscellaneous securities, weak and unsteady, with limited transactions, As yet the de- wand for currency has not exceeded the supply, but has so far become urgent as to induce a hardening of the rates of interest, and but few loans are now ‘meade at less than seven percent. Although no strin- gency exists the inquiry is so large that this rate can be readily obtained, and only in exceptional instances 4s money loaned at six, although some few transac- Sions to first class houses on prime collaterals are Boticed at that figure. There is a fair supply of eommercial paper offering, but not excessive. The Dest names are discounted at 7 to 9 per cent for ‘short dates. Foreign exchange is firm; prime bank- ‘era’ sterling being quoted at 1095; for bills at sixty aye and 110% for short sight, ‘With the general weakness in other subject mat- ters of speculation and depreciation of values, gold @aintains a strong, firm feeling, with indications of Bo continuing for soine time, if not advancing beyond ita present premium. In the disordered state of our finances and the troubled discussion which arises therefrom, disturbing and unsettling the value of the various representative securities, gold ia the barometer that indicates the direction and effect of exch crude scheme or proposal brought forward ostensibly for the amelioration of existing ills, but often presaging other and graver disorders, Thus every movement made in Washing- ton is reflected on the Goid Room here with as un- erring certainty as though the metal itself were acted upon directly as in the tube of a barometer. Hence the unsteadiness which has marked the quo- tations of the past couple of days, not including a very wide margin, as in that very sensitiveness is a prevention to a sudden decline in price, but varying 3% & % and often half per cent, as suited tho plans of the operators. Gold to- day opened strong at 1363;, but, in the absence of any furtier news and a clear understanding of the rumors which advanced it to tat figure last night, soon Tell to 135%, and subso- quently to 135%. This was, however, the iowest point reached, and before noon it had several times advanced to %, once to 136, falling again below that figure, but recovering precisely at twelve. In the afternoon, upon the reception of the news that General Butler had introduced a bill into Congress to tax the government bonds one percent, it ex- Bibited a still further hardening of the price, and was often quoted at 1361s, but as the more amature consideration of such a measure und the Opposition it is ukely to encounter lessened its e:feet, ‘the price again fell, and at the close was 135%. The transactions in the Gold Room were considerabie, and some large purchases were made. Cash gold ‘Was in good supply and the rate for carrying ad- vanced from 234 to 7 per cent, and later to 1-32 of one per cent, but subsequently declined to 4 per cent, ‘The following is the report of the Gold Exchange Bank for to-day :—Gross clearings, $58,505,000; gold balances, $3,076,128; currency hal- ances, $4,132,640. Governments were marked by a signal deciine to- day, owing to the discussion, doubtless, of ques- tions calculated to affect their value reducing the investment demand. At the first board the market ‘Was ateady at the closing rates last night, with more excitement and a greater volume of business than for some days past. '81’s sold at 114%, '62’s, 118);; 1658, 108; '67’8, 11034; 10-40’s at 105%; a 1053¢ and Pa- cific’s at 9934, in large amounts. Rates remained stationary until noon, when sales were made under order at the prices bid in the morning, and at the quarter-past twelve call the market was off +;. At this board sales were made of 62's at 111; '64’s, 10714 ; "67's, 11054; "68's, 110%. Ten-fortics were firm at previous rates. A further break in the market occurred be- fore the last board, when prices fell off again %, 267s selling at 2104 a 110%, 10-40'8 10535, and 7164's at 107. - Later the market rallied a littie, the foi- lowing rates at five o'clock showing a slight im- provement, the market closing strong:—United States 6's, 1881, registered, 110 @ 110%<; do., coupon, 114% & 114%; do. 5-20's, registered, 106% & 109%; do., coupon, 1862, 110% @ 111; do., do, 1864, 1074 a 10734; do., do., 1866, 107%{ a 10774; do., do., new, 1866, 11044 8 110%; dO., do., 1867, 11035 a 110%; do., do., 1963, 1103 a 110%; do., 10-40°s, regisiered, L051y @ 103%; do., do., coupon, 10534 a 10654; do. 68, Pacific Railroad, 9935 & 9934. State bonds were quiet and steady to-day. ‘Tennessves sold at 683¢ # 68%; North Carolina 6 coupon, at 6534, buyer 8; North Carolina, new, at 62 @ 624, and Virginia, ex coupon, at 55%. The fol- lowing were the closing quotations at the reguiar board:—Tennessee 6's, ex coupon, 60; Tennessee 6's, ex coupon, new, 69; Virginia 6’s, ex coupon, 56; Virginia 6's, ex coupon, new, 57 a $8; North Carolina 6a, ex coupon, 66; North Carolina 6’s, new, 62\ a 624%; Missouri 6's, 89 a 8945. ‘The siock market was heavy and drooping to-day, with light transactions and but few rumors on the street of a character to affect the market. The elec- tion of directors for the New York Central Railroad “was quietly discussed, but being previously regarded asa foregone conclusion there was noexcitement occasioned by the published list of names in the new direction. The newly-elected directors have chosen Cornelius Vanderbilt president and Daniel Tor- rance vice president of the board, and adopted a resolution inviting an investigation of their stock books. Rufus W. Peekman, of Albany; Charles Stebbins, of Cazenovia, and John A. Griswold, of Troy, are the gentiemen to whom this invitation has been extended, accompanied with a request that they would make @ report upon such examination. ‘The adjournment of the board without the dec\ara- tion of any dividend occasioned some disappoint- ment on the street and a “drop” in the stock, but did not create much surprise, as the circulation of rumors of the kind given circulation to in this con- nection is an old dodge to sell stock and did not de- ceive shrewd operators. It is authoritatively stated that the Erie Raliroad Company has leased the Atlantic and Great Western Railroad for a term of tweive years, upon condition of the Erie Company paying thirty per cent of the gross earnings of the leased road, or a minimum of $1,800,000 yearly in the event of the thirty per cent of earnings falling below that amount, The. Erie’ Company engages to keep the track, stations and rolling stock of the Atiantic and Great ‘Western road in repair, and gives to that company the option of renewing the lease at its expiration. ‘The arrangement will give the Atiantic and Great Westorn Company an amount more than sufficient to covor the interest upon its bonds, due under the recent arrangements with the bondholders. dhe market las as yet given no responsive signs of being interested tn this new condition in the Erie situation, It is reported that a snit has been commenced in San Francisco against the Pacific Matl Steamship Company for an Infringement of the passenger law, and the stock has declined in consequence. The market throughout the day has steadily do- clined on almost the entire list. At the first open board Pacific Mall sold at 115% a 115%; New York Central from 12524 down to 126; St. Paul preferred, S$44f & 84; Rock Island, 107 a 100%; Northwestern, 77 and 7674; Northwestern preferred, 7010 18%. Merchants’ Union sold for 16), and 16, ‘Weatern Union at 391%, Reading at 98; Ohio and Mississippl at 20% and 29%, bayer ten; Michigan Southern at 66%, Pitteburg at 84% and Port Wayne at 110y%. New York Central, Rock Island, Pavific, St. Paul, Toledo and Northwestern were the stocks niost dealt in during the and all at dectining prices, ‘The following list @ prices at the last open board shows generally the lowest point reached:— Jumberiand, 86% @ 38; Wells, Fargo & Co.'s Tx- preas, 2614 a 26%; American Express, 4% © 44: Adame’ xpress, 4814 0 49);; United States, 4515; Merchants’ Union, 16% 016; Quicksilver, 21}¢ @ 21%; Canton, 48%; Mariposa, 6; do. preferred, 10% @ 20; Pacific Mail, 1144 @ 114%; Western Union Tele graph, 96); 496%; Now York Central, 124 0 124%; Brie, 87% @ 98; do, preferred, Hudson River, 12659 & 126%; Rending, 074% a 974; Bankers and Brokers’, 107; Aiton and Terre Hante, 9014; Wabash, por © 0574; Milwaukes and Su Paul, 3% # 49/5 NEW YORK HERALD, FRIDAY, DECEMBER Ul, 1868—TRIPLE SHEET. do. preferred, 82) © 82%; Fort Wayne, 110% 8110; Ohio and Mississippi, 2934 8 29%; Michigan Central, ‘8 bid Michigan Southern, 85% = 65%; Dltnols Central, 145; Pit Bx a a 10ly 8 vik eee Room the closing boards and mo market was formed in the street at Shh some slight changes q Q made, with but Ue . Tho re wate the prices g ve O’clock:—Pacific Mail, 11436 @ 11444; New York Contral, 124% @ 12414; Reading, 97% a 973;; Fort Wayne, 110 bid; Michigan Southern, 8535 a 8534; Rock Island, 106% bid; Northwestern, 764; do. preferred, 7814. ~ At the annual meeting of the stockholders of the Gold Exchange Bank, No. 53 Broadway, the follow- ing board of directors was elected for the ensuing year :—Henry M. Benedict, Charlies H. Ward, Henry C. Tanner, Christian Greve, James H. Benedict, John F. Sauzade, John F. Underhill, Peter M. Myers, Charles H. Harney, J. Pierpont Morgan and Jacob Russell. The receipts for customs and the receipts, pay- ments and balances at the Sub-Treasury in this city for the expired portion of the week have been as follows:— Custom House, — —— tas Reoetpts. Pay Balanoss, T..e $177,846 $1,967,712 $1,758,962 $88,692,761 398, 2,517,794 597,251 90,613,203 270.924 1,134,016 1,658,490 90,088,819 204,000 1,054,469 1,063,937 90,079,351 SALES AT THE NEW YORK STOSX EXSHANIE. Thursday, Dec. 10—10:15 A.M. 29600 US 6's, "81, cou... 114% 100 she Mariposa M. 5 35000 US 6's, 5-20, c, '68., LLL's 200 Mariposa pref. 17000 US 6's, PRES i eS = oe meee Be % gag & apaeg SEE: 3 ‘100 Chie & 106 Tol, Wab & W Rit. 100 Morris & Essex 10 shs Bk of Commerce 124% 100 Cea 13 0 seseeseeeene 124% 700 Pitts, FEW & Chi RE. 11086 5 Bk S New York. Tl 00 do... 10g 100 Qwkailver Min Big 200 200 Weat U Tel. BOM Sicaii Bs ‘ RR 140 Half-past Two o’Clock P. M. 810000 US 5-20, c, "62.... 111 290 shs Pacific MSS Co. 114% 2000 US 6's, 5-1 100% 10 do. bs0 115, do. is Sy at 11000 US 8's, 10-40, cou. 17000 Tenn és, ex ‘cou. ‘16000 Tenn 6's, new. ex We CHISd 9515 28 sha Bk of Commerce 124}5 10) Canton Co. 2009 Pitts, | 10 West U Tel. COMMERCIAL REPORT. Taunspay, Deo. 10-6 P. i. Corron.—Receipta, 3,92 bales. The market continued active, the demand being principally from exporters, and prices again advanced \(c. por ib., closing steady and firm at our quotations appended. Zhe sales comprised 8,497 bales, Including 1,675 for export, 815 on speculation, 647 for spin- nin g and 300 in transit, We quote:— Upianda: Mobi ant = N.O. and Memphis, eras. " 4 Big e- & Bs as Foi iid’ tie market was moderately active al bags, eX Queen of Other kinds were dull Receipts, 6,422 bbis. flour, 200 do. ,440 bushels wheat, 1,50/ do. corn about former prices. The sales were 2,400 the Fleot, on privaie teruss. ket was very tirm under a fair d, and in some cases 10c. 9 150, higher was but the advance checked the demand and the market closed ust but firm at yesterday's prices. At #/ a 87 16 good extra Rate would goo pretty Treeiy, but holders were arm at $7 35. Among the sales yeaterday and to-day were about 10,000 vbla. for export to London. California ir was dull and pomi- unohanged. The saies were 15,000 bbla, Southern flour ‘was moderately active and firm, the sales being 500 bbia, Rye flour continued steady and firm, with sales of 275 bbls. Corn meal was qulet and prices wore heavy. Sales 409 bbls. ab $5 40 for yellow city wad $3 75 for Brandywine, We rote: $415 nm 8 50 fe 625 6a 125 7 8 00 Size 6% 66a 70) 70 e bw 80a No 808 8 Bt. Loutastratght eatra, 900 a 10 v0 St. Louis choice do 1 Wa 12 00 St. Louis chotce family Ba 40 Southern choice and fami Wwe 4 wo Southern superdoe and extra... 6 Ba ti California (sacks and bb! 708 1200 Rs bie bi © 5%Se 5% - 5a — oe . 60a 5% —Wheat was ficm ait. The sala” were about 8,000 bushels at $1 60 for 1 ges for Bo. 1 de ichigan, For co $2 GU for whie the market was quiet, but closed quite Steady at yesterday's closing prices. The sales were about 60,000 bushels at #1 1649 9 81 if; for mixed Western, oy And ¥1 14 & 8116, in store, 1 1a B15 for unsound do., and $1 13 for new Southern white. Onte were herr st the 9 ing, but firm mt the close, The aries were 89,00 bushels at 790. ab0c. Of rye there were small sales at 61 50.n $1 65. was quiet; sales 2,000 bushels German at $3 3). Bar- ley mait was dull and nominal, Pueroirs,—The ‘was dull and rates were not very firm, |The chartering business was also dull, Tye engage. menis were: —To 1 150 trerces lard at £76. 6d., 0 tons oll cake at 22a, 6d. a 2on., 84 bhda. tobacco and (not iy re 2d. ; and por steaner ‘compressed cotton at id, Sho dor hope at 24d..500 boxes bacon at 45s., 50 bhds. tallow at Ba. To London, 47 tous off cake at Guinwee were dull and prices were nominal at 7c. = Iie. for and, 1hige. @ lve. for cloth; 5) bales bags were sold in at lic. HAY was slow of unchanged in value. Recoipts fair, Shipping was qu at dc. 4 Hic., retali at Tic. aw 25, long rye straw at $1 10.8 #1 16 and short do. at #1 05. HxkP continued dull and nominal at Lc., guid, for Manila, and be. a boe., cold, for jute. Hora were unchan stead; We quote:—Frime . s 126. continues to rule dull ». a Bic. for Cuda cen- 1.ass%8.—The market for fore ‘and prices were entirvly nominal at rift and mee he br na io tay oy vc, @ 420. for mus. prado, refal en, ‘9480. ; for do. grocery q Ghee ther for Porto Rico and 43c. & 650. for Loglis Islands, Sales 45 bbls. New Oricans at 7c. a 5, and (by soning = bhds. at G2e. a The. Stock December 10, 1865: mo oe! bhda, be 1,006 do. Porto Rico, 1,488 do. Eagiish Islands and 900 bbls. New NAVAr, STORES.—For spirits turpentine the market was duit aud heavy, closing at 44230, a doc. for mereLantable lots. There wore sales of $9 bia i lots at dice. 0.4930, Ronin was jn light demand, were mure steady. pal Tidy Bole merained at $3 85 100 do. No. 4 ut g2 fy and 100 doe Novi ar@86n, We uote; Strained, 4d 3a 61.40; ‘a 83 75; No. ‘8 84 50; ry ‘8 (o., 46 vB Wiraington tar was dail at 3.95 0 $8 ‘UILS.--Linseed was rmly held at 6c. a Wie, In cnsks aod bbia., with ales rumored for March and Apri at #104 lo Boston 6,00 gailons were sold at Mc. Other kinds were dul ‘and unchanged. Paovisions, — Receipts, 1,018 bla. pork, 996 do. beef, 40 Ry cut rheats and 647 Go, iard. For pork the market was rite more active, aid prices were withoutchan ment; the aales comprised 1,000 bbie., at 35 70 0 mes 50m for olf do. #43 for and a Sao tor thin mess, includit for dauuncy, delivery. at $8 28. Trimg Was quoted at 810 00 a 431, eof yan in moderate demand ‘at prices, the Sales being 17 bbis., at $1) a 417 for piain moae and e120 iP for extra do. Tierce beet wan dull, at $27 m #80 (or rime mean and 831 a 835 for India do, ‘Por beet hams the ind was fair and prices were j Where were sales of 176 bbls. at 02.” Cus meats were La improved demand, the axlen being about 180 pkge., at Ile. for pickled shoulders, ren. bane nd 1de. 8 fc. for. bane ty pickled shoulders 1040, alle., dry salted do. tuoked do. blige. ® Idg0s pickled hen fey ban Ibice., emoked do. 164¢. w1TMCy bagged do. a erate demand; sais at 1 Ny mberland cut and 1Slge. for eriand cut 1340. # [Sivo., long salen Ow) packages at 15}40. 0 16e. 1,500 terces (ur January and ime seas Feoruaryytedivery at ioigee %c. Prrnokeune: heceipts, 1440 bbls, ernde and 1,188 do. re fined. Crude in bulk was atill searce and firmly held at 18)sc., with buyers at 18, We heard of no sales of consequeuce, ‘The market for retined, though quiet, was firm at dd igo., with light offerings; nales were made ‘of 5,000 bbls. stadard White for the balance of this “month. at 600 do. on the spot at Sige, ‘nt Bo, and 500 do. fur March at i2%¢0. market opened firm, with liberal for the b thie month at Ae. Bubsequentiy, however, the bee carne light and prices deciined, cloaing at about SI 4c. 4,00 bin, for the balance of thie month, at de. ; 1,000 do.. doug On private terme; 00 do. for March, at B1)ge.,'and 600 do.) for April at ole. 108 lina was stendy at T{0. a Bi¢e,, witha rooment. SUGAR.-Raw continued in fatr demand, chiefly from ro finera, and the market was firm at yesterday's quotations ‘Tho anles wore 70 li a a Lig w 11540. for 40, for Demnrara, and New Orleaha on’ private termn., ly bbds, New Orienns at Yar. mid TOor, ba, inferior to common refining, W qo, a is " ile, a llye; fair to good provers, lige. « prime to cholee grovéry, 11/40. m LBiee; center ngal A boxom), 109. 8 1440. molanses ibb ie, an | boxes, 9290 & Ho. woladay Te @ Ue, BOK Nom, PW HK Liga my 1%; Porto 1%e.3 peice ent cama ES i263 a DeseiuSce ite 180s: 38,817 bd eras nraraminr ents Bega. "FALLOW grat in ihoderake request; sales 50,000 Ibs, at 122. gs ote, 685 bhis. The transactions were amall and prices wag easier; sales 125 bbis, a: $1 UL & 10235, duty paid. Sang REAL ESTATE MATTERS. At the Exchange’ Salesroom yesterday thore was a large crowd collected, the majority of whom were intent on observing how the celebrated Lafarge Property on Broadway, to be sold by Measrs, E. H. Ludlow & Co,, would stand in the market, All seemed to be impressed with the idea that the pro- perty was so valuable and would command such a high figure that it would be almost useless to at- tempt an investment. The property included the old Winter Garden theatre site, and its historic con- nections were actively canvassed before the sale. Tho brothers Tripler started the establishment and built what is known to all old New Yorkers as Trip- ler Hail, aouay. Lind made her appearance here, and although the enterprise seemed f to be for a ie favorable it finally _ failed. yet od ct 5 4 x ‘Then Messrs. lard =and Eytinge became ad rat Tare ate proprietes and styled it Metropolitan Hall. The of its destruction by fire is well known, and that it was rebuilt asa theatre, and succes- sively under the management of Burton and Edwin and Stuart. Under the latter management it was destroyed by fire. The theatre, however, cov- ered but the rear portion of the property, while the front on Broadway was occupied as a hotel, styled the Lafarge House, and afterwards the Southern Hotel. The lower floors were and still are occupied as stores, at & good rental. The bidding yesterday was rather siow, in cach case the jot was started at $100,000, and dragged wearily along to the prices at which they were finally knocked down, ‘The sale by Messrs, Bleecker & Co. of the Ryer estate, at Tremont, was attended chiefly by parties living in the neighhorhood, and who (as staved in yesterday's lenALD would be the chief purchasers) had become inured to the “shakes.” The bidding here was by no means lively, and the lots went off at generally good prices; many of them, in fact, higher shan their intrmsic value, ranging from $110 S445, The other sales were of minor importance, and will ali be found tucluded in the following List HY E, Hl. LUDLOW AND CO. 5 story marble buiding and lot No 667 Broadway, be- tween Bleecker and Amity sts, running through to fereer at, lot 2x20, Chas Appleby. on ool 9 Broadway, adj lot 24.0x200, ES Higsins... x Building and jot Nos 671 and 673 Broadway, adjoininy the above, lot 51x: AG Thorpe, Jr... oe Butiding and lot No 675 Broadway, adjoining the above, lot 24.6x200, F H Coasitt, 142,000, Building and lot No677 By Jot 25x20, F Hi Cossitt. 168,000 441,000 M Building and iot No BY MULLE! 8 story brick house and os, north side of 11st at, bee tween 9h and 10th avs, lot 16.6x100.11, BC Thornes... 4,160 B story brick building awd lot adjoining above, lot Wx 100.11, BD Yhoraed 2 Saiory brick bulldi i each lor 16<100.11, © C each. Sstory brick bulldi 100.11, 8 © Thorn: i 22 story frame houses and lots, adjoining above, BC ‘Thorneli, each... *s ornelt, ‘and lot, adjotuin, erty, euch. TREMONT (WEGTIHESTER COUNTY) BY A. J. BLERCKER, 8ON Slots, cor Ryer place and Locust Benton & Co, each... frouting’on Loci each 25xlu0, Mr Racy, ea 1 lot, adjoining, 8x106x10, Mr Racy. lot, cor Locust av and Ry er place, ¥7.6x100, hi lo fronting ‘on Locust av and adjoining the abov each 25x100, Lichienstein, eac! 1 lot, cor Locust and Jefferson ai J lot.'on the opposite corer of th Lichteastela.. e8 fe ereee, T lots, adjoining the above, each 25x10), J Wal Slots fronting ys Ryer place, 100 ft from Locust ai $ lots fronting on Jeiferson av and running ti Ryec place, each 25:100, Chaa Freeman, each 3 lots adjoining, 256x100, Chas Freeman, each. 3 lois adjoining, sume size, Jna Hurry, each. Glows adjoining, same size, S Day, cach. adjoining lot», same size, Stuart, each. ijoming, sume size, L Reid, each. ot 100 fi each 25x20), 18 E Cooper, each: 3 6 lots adjoining the above, each x 4 adjoining lots, same size, A Wilson, each. 2 lots adjoining, same size, each.. 4 lows adjoining, same size, P D' spott, exc 6 adjoining lot, same size, Sir Loomis, exc 4 adyotging dats, 235x200, ooly lols adjoining, aame size, 5 lots adjoining, sam 2 lois on the corner the rear of the above, each 25x10, Mr. Loomis, each. 2 lots adjoining the above, eame size, Mr Meisrien, each lots adjoining, aame size, T is, €uCl.....- 1 lot adjotning, same aize, Mr Frankenstet 1 lot adjoining, same size, Mr A‘ reer EEE eof Beat at Sut80. BLOOMFIRLD, HUDSON ‘Orry. Webster av, lot 14, city map, 25x100..... HOWOKEN—NORTH WOOTEN Main st, #8, iota 247, block 35, 50x100.... Jackson st, ¢ s, lots 13, 14, block 668, Coster es! ‘1 UNION. Lewis st # sluts 913, 914, : ‘ ait tha; ot 95,944, block No, map North obo- | 4, THE TRANSFER OF THE INDIAN BUREAU TO THE WAR DEPARTMENT. WASHINGTON, Dec, 2, 1548, To Tar Eprrox ov tae HeRALD:— We know of no safer criterton by whtch to judge the future than by the experience of the past, espe- cially when this teat 1s applied to the same subject. Tshall institute 9 comparison of Indian affairs as administered by the War Department on the one hand and by the Interior Department on the other. In order Co give a fatr and impartial view of the subject we will go back to the year 1835—the inau- guration of the Florida or Seminole war. The trea- ties of Fort Moultrie, Payne’s Bluff and Fort Gibson— both contracting parties construing these several treaties differently—were the remote causes of the war. ‘The proximate cause of the outbreak, as in Most other cases, Was the rash and crael treatment of the Indians by the government officers. Some Indians killed a cow on the hammock for food and were mercilessly whipped. Osceola, who subse- quently became the Ajax of the war party, was im- prisoned and placed in irons inside the fort for words spoken in debate at “a big talk.” These hostile acts of the officers and citizens called for revenge. It came quick and terrible, General Thorapson was murdered by the outraged Osceola. August 11, 1835, private Dalton was killed, and the Florida war began and extended through a period of seven years, {he agent estimated the num- ber of hostiie warriors in Florida at lesa than 600 at the opening of hostilities. Six hundred warrriors on this narrow peninsula held the United States army and navy at bay for seven years and cost the army and navy “1,500 nen killed,” kept six or eight regt- ments of regulars, 10,000 volunteers and militia in in the fleld—the records do not say whether the killed of the latter class of troops are included in this dead list of “1,500 killed in the army and navy” — and piled up a direct debt against the treasury of $50,000,000. From the data before us we are satis- fled that this is rather below than above the direct expenses of the war. The historian of the war says:— “The pay of the militia and volunteers and the losses sustained by citizens from the ravages of the enemy cost the government $19,430,000." The Secretary of War, on December 3, 1836, tells Congress that the $6,000,000 appropriated is expended and asks for another $1,000,000, making $6,000,000 in one year. Yake this a8 an average expenditure per agnum and we have $42,000,000 for the army alone. Under a resolution of the Senate a report of the expenses of the war was called for up to 1840, ‘The Secretary of War retused to report, so did the Third Auditor, alleging as au excuse the lack of force to compile the report. The following officers did re- Bei iaten tale man citank Dineen port, as follows: — # pilotning lol, eamentsn JT Hyde acl : Ordnance Department expendod in ive ots on Jeiferson ay, 100‘ from Sauniuel ai, ouch 35x years. ..,. ASSES vesese $120,131 19, A J‘Dunn, ench’...... 2 Quartermaster Gencrai’s Department ex- 16 lots adjoining, name sive, egraite, pended in five years. » 11,574,477 Barn uit 2 lols udjouiing, each 1ot 2x Postinaster General's Department ied Bana RE hes se la i Dewrat oe! ngs hed A thames ae pended in five years 1,642,483 12 Commissary General i D Spot: 445 pended in four years..... 173,129 1lot soot | 20 | Surgeon General’s oilice exp 4 lota, adjoining, samme size, ie, euch, ai oars, 40,369) House and lot adjoining the above lot, b5x1t3, Henry Sécon i Stoning. 3: 5 499,630 Lot curher Of Kingsbridge road ‘and Jeiferso Lot adjotning, 253190, Mr ftacy. 4 lots adjoining, each 2x18, EH Berourd, cach. 1 lot adjotuing, 25x18, E. Hall. «+... otning, euch 3x17, JA Lucas, olning, each 25x17%, LA Reid, exch. Zot adjoining, ench 252168, A J Dont, ee 4 lots adjoiming, exch 25x15%, A J Donn, each, 4 lots adjoining, each 25x10, U H Beruard, « 10 lots nd ch 254120, C H Bernard, low f ¢ h 3 ,on Ryor pia’ PH Berard @ 10 lots adjotaing, 8 Day, eae Real Estate Notes. An important lawault, invoiving real estate and otier property in Springdeld, Masa., to the value of half 4 million dollars, is now pending in the Suffolk county courts in that State. The history of the mat- ter begina in 1848, when General James Barnes and his half-brothers, Samuel Hillman and David W. Barnes, began to purchase considerable land in Springfield, the firat named being the active partner in the transactions and recording the titles in his name only, ali three being jointly interested therein. Subsequeatiy James Burnes made @ deed of the en- tire a | to & H. and D W. deed was never put is hep pert in dispute has vari. i property in 4 ously in Dace that time. General Barnes has filed a bill in equity Benjamin Barnes and 8. Cleves, heirs of 8. H. Barnes, claiming that, despite his absoiare deed given in 1861, he retammed his one-third interest in the property, his brothers holding it in trast ror him; and heaiso claims in addition his share as heir to David W. Barnes. The heirs on the other side assert that the whole business was finally settled in the deed, and that General Barnes has no interest in the property save as his brother David’s heir, Among the property to be dis; of to-day are two very valuable lots on 126th strect, near the new boulevard, Although the parcet is smail tie com: tition for proprietorship, in consequence of the in- creasing value, will, no doubt, be very animated, Several other sales are announced, and another busy day at the exchange may be looked for. OMcial Transfers of Real Estate Yesterdny. TRANSFERS IN NEW YORK crTy. bel 8 of Broome st, 25x87.6. jos Inst Hiliman and Allen nw ton av, BUxt0 f Bd wv, 16.%x100.5. Of BA aly, 16.8x100.5. w cor Tad at, 64.10% LEASES RECORDRD iN NEW Vo , 688 Fe w of Gth wy, 224100, 91 yre, per yr. - W, No 75, 14 yea, per yr... ay:t Ralension 203 per yr. 120 fe @ of Throop av, L5x100. 40 (te of Sumit st, 2x5). . 40 tte of Summit ot, 2 f Central ay, ‘ixids. . 2 23 aeeneseceeser ices feaee2i5 sae a aS S4200 255 S58 25 SensseSeceesstesseesesereeeseeres «RAFTS SSASREAFRENEOPPPER EAST RRE Ee SESE SSG BERURUEESS ¥ 8 S SUS 5 GY Ee BREREERD HUREUEERE GEREEL HEE UE ESE Iss SEE ES SEES 8 5 SRRRSEES SERRSRT AO ESSPESEP EEE aTERSS =. it { EF 538 4 pe Total expenses in four and five years... $13,95 Yo this amount are yet to be added the expenses of three and four years and the claims of several States for the services. of volunteers. Judging from these fgures the cost of the Florida war was far above rather than below $50,000,000, Thus it cost the United Statea nearly $100,000 to subjugate each one of these 600 Seminole braves; and there are of land’? to this several scores of them day who say they have the great Sioux war of Is5z origi a trivial incident. An Indian, impelled by the flerce gnawings of hunger, killeda cow belonging to # Mormon emigrant near Vor! The In- dians offered remuneration for the cow, but this was A lieutenant, with twenty men, pursued Hans and demanded the surcender of the offender, The tribe refused; tie officer ordered his uien to “fire,” and in less time than it requires to write the sad story the entire party were killed. Thus began tue Sioux war, which for four years spread desolation all along the frontier, resuiting in the loss of many valuable Hives and hundreds of thousands of dollars’ worth of public and private property. The war Was finally terminated at the battie of Ash Hol- low by that ola veteran, General Harney. This little brush of four ars with the Sioux cost the Treasury $40,000,000, There 1s little danger ia overestimating the losses in life and property or the costs to the gov- ernment of these Jndian wars. A family is murdered here, a train is captured there, an outpost is over. powered somewhere else and tie world is iguorantof these sad catastrophes. The Navajoe war, like the other bloody and expen- sive Indian wars, had its unnecessary and wickedly trivial iucident to raise the war whoop, and cause ‘the tomahawk and scalping knife to gleam im the sunlight of day and to drip with the blood of the pioneer at the midnight hour, spreading death and misery on the frontier, A negro boy offered some indignity to an indian, who let fy an arrow with fatal effect. The murderer fied to his tribe, an off- cer demanded the surrender of the cuiprit, the de- mand was refused, and, as usual, rashness precipi- tated a confict; another sanguinary war was the result. “Three campaigns” followed, all three dis- asirous—costing many lives, great suiferi frightful loas of property—adding largely to the weaith of the Navajoes in horses, mules, firearms and commissary This, however, is the result nine times in ten. These three oe cost the United States, according to the mos: relia- ble data at hand, from $20,090,000 to $30,000,000, hee luficting perceptible injury upon the indians, The Arapahoe and Cheyenne war, which com- menced in 1864 and desolated the Plains for two ears, originated in, this wise:—Some stock (we be- eve an old “hoss’) was supposed to have been stolen by the “noble red man.” An officer de- manded, not the surrender of the animal, but the disarming of the Indians, A fight ensued, of course. To render matters still worse, about this time the cold-biooded massacre of old men, squaws and pa- pooses occurred at Sand Creek. tn Colorado Territory. The Indians, exasperated by this unprovoked mur- der by Colonel Chivington and his a sought and obtained the aid and protection of the Comanches and Kiowas. ‘This led to the confederation of nearly all the tribes and bands from the Red river of the Noril to the Red river of the South, and to the tor- rible Indian war of 1865. Saying nothing of the number of lives lost (usualiy froin twenty-five to fifty whites to one Indian), or of the vast and unpre- cedented destruction of public and private property, the sacriflee was sanguimary in the extreme. ‘This war taxed the United States Treasury from $40,000,000 to $60,000,000. ‘The Secretary of War made the following report to Col , in response to a resolution in June, 1806, calling for the expenses of “suppressing lodian hostilities In 1864 wud 1865," viz. The Quartermaster Ge! expended IM 1864. .....6..ceseeeee seve The Quartermaster Geaeral's Department expended in 1336. The Subsistence De 1864 19,263,860 ‘Total for two years.... ‘Tals disastrous war was ry cluded in October, 1665, at the mouth of was also made with the Missourt river Indians late ta the fall of the same yer A second war with the Southern Cheyennes and Arapahoes was inaugurated in 1367, These Indians were peacefully and in good faith occupylog the county assigned tuem by tie treaty of 1565 In April, 1867, @ military expedition, without any 2 of Grand av, 16 {19 known cau eked mired their village of I Y 1M. . LO} pause, attacked and burned age podworth se, nev 6, S028 Ano of Broadway, 0x0) 200 lodges, including tog lodges of friendly Sioux, 2x7 consuining every ventige of, prot isions, clothing and ts Of ‘every descriptiva, thas forcing thera fee nek { rve or ge the warpath mw... te keen etry Sty © i r yromptings of hunger and wirat to avenge Bony of and Wyeee tek S Se ticeana av, dhbatisiiha Mis outrage of ther elvilized brothers ye erls Rly & Vib.) sees 20.10 "fhe of weeny B88 Whey revarlod ty Que former allermative, (tle They waged a romunerative wi seven MONLiS, A} AN expense to + ernment of many lives, the destruction of tmmense amounts of property, aid & Cost to tae exe! o $10,000,000 or $15,000,000, The War was ter ty oe treaty of October, 1807, Bt Medicine Louge 000 Co] better trim, duer morale, the hone oan fll, Several ineavy ‘etachinetia of tro under the noble “Little Phil” Sheridan, the Sully and others, are the Plains in search of the wily foe; but when where will they ind him? None can tell; but one thing ta certain—the bone and sinew of the country must w call of the tax gatherer, id — ‘We have not referred to many of our tncian Micts occurring within the d embraced tn this letter, though in search m 3 & ur the last eighteen years not less than $10,009,000, ‘The expenses of the Indian Bureau, on ® peace fvot- ing, from 1835 fora period of ten yoars were jess than $15,000,000. (The bureau was Administered by the War Department during this time, but the force of the argument remains the same.) ‘This compara tively small sum covered all the linbiltties of the government to all the Indian tribes then under treaty With the United States, During these ten years ne treaties were conctuded with Lag tribes, vast tracts of territory acquired and paid for out of this sum of $15,000,000, And yet, under a war policy, $50,000,000 was expended in an effort to whip a few hundred braves on the litte peninsula of Fiorlda, Assuming the foregoing as a basis on which to establish a comparison, let us institute one. If it sequined 10,000 men seven years and 1,500 men killed and cost $50,000,000 to conquer, say 1,000 warriors, on the peninsula of Florida, how many moa aud lives witl it require and how many millions of dol- lars will 1t cost to conquer 40,000 warriors (in seven years) roaming over an area of two aundred thou- sand square miles. (The engineer corps can solve the latter part of this proposition.) It would, under similar circumstances, require 200,000 ey 45,000 lives and $1,500,000,000 fo subjugate these “native Americans,” The progress and develop- ment of the present contest go far to establish the correctness of the above figures, or rather their in- correctness, for the present war shows them far be- low the mark in every respect. The Indian OfMice, since attached to the Depart- ment of the Interior, twenty years ago (nearly), and administered as a civil bureau, with Its vastly ex- tended operations and increased responsibiiities, ex- tendi into all the gréat States and Territorica tying ween the Mississippi river, Pacific Ocean and the Gulf of Mexico, and many of the States east of the Father of Waters, has cost the government lest than $45,000,000, ‘Those curious {n such will find upon investigation that peace with the In- dian 1a far more economical than war. In addition to the fo: ing starting facts it will be discovered that each Indian killed costs the United States not less than twenty men and about $80,000. For each pony or cow taken from them they take in return ity or a hundred from us. There are about 350,000 Indians tn the United States (leaving out those bought of the Czar of Russia, who didn’t get $7,200,000 for Alaska). To feed and clothe all these Indians, as the wards of the nation, would cost less than $30,000,000 per annum. (If extermination be the programme, good grub and gente of itis the most economical, humane and Christian route by which to send the Indian to the “hunting grounds in the sweet Southwest.") This sui would decrease yearly a3 they advanced in civilization and became self-sustaining, a8 are the Cherokees, Chickasaws, Choctaws and other tribes occupying the Indian Territory south of Kansas, ‘ From long ebservation on the frontier we know the Indian never goes on the warpath if let alone when his maw is weil filled and his limbs well clad. And we assure the reader we are no enthusiastic admirer of the noble red man. No; we had all of sy! a the poor Indian” aud “Hiawatha” taken out of us, There is an “irrepressible conflict’ between the nat and the Indian. We cannot blame the army. The Indian is the enemy of the army in more re- spects thanone. So long as there are Indian troupica there Is a kind of military oxtle, a Siberia, a Botany Bay—a perdition in which our brave officers and men fight, suffer and die inan inglorious atruggie, without. oma « military glory—the acmo of the soldier's epee lence the oillcer and the private try to end tl exue by killing the Indian. Tne In- dian kills the soldier because he is his enemy. ‘This being the case, if we desire ethese natural ene- mies, Poa, and tho Indian, must be kept apart. ie leading facts iu the foregoing have been gath- ered with much care and patience from executive documents, appropriations by Congress and histories of Indian wars. The reader can decide the proposition for himself which department is the more economi- cal administrator of the Indian Bureau. The verdict, ques to the fact stated, must be unanimons in favor of the Interior Department. By adding the foregoing amounts together we find against the War Department the sam of $545,000,000, and against. the Intertor (the peace) Department tue sum of $60,000,000, A. H. JACKSON, BENJAMIN F. WADE. Chase and the Democratic ConventionSey- mours Swinging Round the Circle—Biair Shabbily Treated=The BuatlereDana Con- test—The Alabama Claims—Reverdy John- son, A Dumaging Story About Him—Finan- cial Quackery—A High Turiff—Negro Saf. frage in Ob! Wasntnaton, D. C., Dec. 7, 1868. Benjamin F. Wade, Senator of the State of Ohio, President of the Senate and ex-candidate, per the impeachment trial. for Chief Magistracy of the nation, has come back to us once more from his rural retreat in loyal Ashtabula looking the same vigorous old war borse as he did in the days when he thundered forth trooping anathemas against tren- son and traitors. Time writes few wrinkles on Ben's benevalent brow, though the years count him tp as a trespasser on the jimits of life marked by the Psalmist. He wears no gray hairs, and in his, ruddy face there are visible indications that he can still appreciate and enjoy the good things of this world. Your cor- respondent gave the Senator a call yesterday even- ing and was received by him, it is needless to say, with that kindly heartiness of manner which few can extend with a better grace than Ben Wade. He ap- peared in the very plenitude of good spirits and talked with ali his old savor of original force and fluency. We made # running commentary on the events of the recent campaign. | asked him where, oh where, was Vailandigham now? “Squeiched,’” he ejaculated; “gone higher than a kite; knocked out of time; and thereupon he laughed as one might laugh in hearing a very huge and irresistible joke. “Yea,” he continued, growing facetious at the thought and dropping on a Latin phrase, which he seldom does, “Well might It'be sald, cave Vallandig- ham, tale.” “But what of Pendleton ?" I asked. “Gone up Salt river in the same boat with a dead freight composed of Seymour and Blair and a whole host of the defunct democracy.” “Mercy on ust is there nobody left behind?” “Oh, yes; Brother Chase escaped, and le remains in the market at 9 great discount.'” “But he came near being put up at a premiam (” “| gness he thought so, While your Convention was being held in New York Brother Chase had a score of messengers bringing him telegrams about the progress of that motley crowd of delegates tn Tammany Hail. The day before Seymour's name was sprung some of Brother Chase's friends told him in ali kinds of confidential terms that his nomi- nation was certain the next day; that the thing was cut and dried. He belleved them, and the following morning telegrams were coming into him every half minute up to the very instant the Seymour trap was sprung. They had a long talk here over the plat- form. Chase was well enougn satisfied with it, but he thought it could be improved in such a way as to get him more votes in the Convention. What he meant by improving it would be hard to tell. He was sure of the nomination, and all he cared about was getting the votes run up to the right notch, ‘There were two ways of improving that platform—by making it a better radical one than ours or a worse rebel one than it was. As it stood it was neither flesh, fowl nor good salt herring, and to be hanged 1 can’t see how Chase could expect more votes than what he got, unless he consented to take such a plat- form as Forrest, Hampton and that jack-in-the-box Vailaniigham could dance upon. fab what wade them pitch npon Seymour? “avullability t suppose’? ery avaliable, indeed. I gness your New York Managers didn't want the ticket elected, Belmont and these fellows had too much at stake. Seymour went swinging round the circle with about as muck glory and profit for his pains as Andy Johason had at the end of tus tively excursion, Why, they laughed at him out there in Chicago when he made thew a speech t + to nothing bat railroad traha- poration, as if thy 1 anythin to do with the Issued belore tite poopie, Tioa whoa he weal lar | 9 fe Reamed to he trying to anot for poor Dats, Ue cane. haa of tao vera 19, on. *r ventured to toll w mathe woud de ¢ he ‘tent: 1 wan easy C0 42> be cout Me Was Pree edition of Anwly Jounin, Wwivend soy wits more dangerous ft Kia. a #* = Generais have 16 Was some old MAA NA saore gave his best country woo Creates ereaios. ! ioe tbe which nom tuere many of who bave on this and mach i rebeiliot inveaugate the matter, and the u, money Was nominally restored lo aome by tetlow, but Was really handed over to tho eit Davis. asseria was that ine French side for his atteution to their interests. want w have hun sent over there to En: urged Samuer to oppose bis contirmation, by out avall. We wau' 90 toadies great nation abroad. All this stu they have been carrying on over there is diagracesul to ua. The only way and the proper one of pect those Alabama claims ts clear enough to my mim Were I President to-morrow | could settie this Aia- how, Senator?" “1 suould say to Mr. Stan! charge of this aifair, ‘You ministers over there in this themselves, ourrying favor with @ ciass that this country as they we saw thom in thelr true cok to our arms was haiied the wildest delight. They were trea of the ‘late republic! as eternally dismembered. ‘The wish was father to the thought, aud now Mr. Teverdy Johuson wants to put our clans in such a muddle that’ the Lord knows where our account atands.' “Do you mean war, Senator, in case of a refusal to comply on the part of nd ft? “Undoubtedly. Ny orien eon ntng going to ve us the chance. She w Hd pot hee Rand in the ire first. In two weeks we have tie ocean swarming with our privateers and Lay 4 her flag out of existence. She knows this, and she knows too that very little harm could be done to us. Way, ee one year after our out should have procisimed war agaiuss England, and I don’t sec that our debt would be any larger to-day ti I had done so. As tt was we were fi fy ie one arm tied. War with Bngiand would have the democratic arm into play. and the Irish in the North and South would have been up inst her toa man. She could have given the Bouth little more assistance than ate did, except to send over 20,000 or 30,000 men; but what & -_— in the bucket compared to our immense levies, an how soon the Celts would eat them up, all to them- selves 1’ “Lf we had used up England it would have kept good deal of our gold at home.’ “Yes; Lexpect it is only by keeping our gold a6 home we can ever pay our debt Tesuine specie payments. { see every fellow coming up to Washington now pretends he can bring us buck to & id cul and make us all prosperous aud happy within a certain time. Bach one thinks he has fow nd the philosopher's stone. One has an tdea of commemorating the Fourth of July next by fasuing hard cash to the people. Another picks out risumas Day « few years to come, and so they all go with some clap- trap nonsense about days and dates. Now, of course lai in favor of specie paymcnts ag mach as ~ body, but I am also in f . @ high tariff, and 1 believe If the bill that Was imctrodaced tm the House two years ago, raising the tariff, had passea we wouid have gold in circulation now, The trade has been against us since the close of the war You stop this eal all Four attompts to legislate specie ‘ou stop this i your p' into ‘cireulation will be without avail. Raise tariff, keep out English and ch goods, m: your gold will can a 5e Fren their manufacturers come over here, thea rematn in the country; Me ty year be taken out of our mines and thei Payments willcome as natarally as water down hill.” “But how will the ladies get without the fashionable importations from Parts?’ “Make them pay for all such truck as we get from Paris. The sensible women of Ainerica can get al with what is made at home, We import at a great deal of raiiroad steel, Lad up the the English manufacturera will be giad to come across here, bring their workmen with them, where they will be weil fed and paid, and thus the resources of the country wiil be increased and our kept among ourselves. This must be done or ali your ef- forts wt altering the currency wilt be full of ‘. ‘on had a good chance, Senator, out in Ohio of carrying negro #uifrage in the late Presidential con- twat? “We could have carried that moasare twelve months before in the peg election but for on ture. They leap io ‘ing on to the suffrage qi ion # clauge diafraa- cbisit ng 18,000 soldiers of the who came under the nical denomination of desertert, These mon had fought all turough the war, and when they heard of Lee's aad Johnson’s surrender they con- cluded their time of service waa up, so they packed off home without waiting to be larly mustered out. ‘They had a large number of republicans in the State, who to voto against this clanse, #0, both together, down we went fi of all Whea aa Fogg Be ror a we 61 hake 18,000 soldiers of the wart shey preferred to lot the ra slide. It was @ loss to us of the Legislature and United States Senator. It would be very useful to our party to have the niggers in ven the franchit ‘They are nearly all located in the democratic section of the State, an beiug republicans to 4 man, could give us Aevor: mnembers of pe hg make aliuost our entire Congressional delega' republican.” “What do you say to this proposed amendment granting universal er “Oh, of course TI am tn favor of it. [hold that « power realdes in Congress which can accomplisu it. ‘The constitution says Congres# shall guaranwe to each State & republican form of government. Cou- gresw acted exactly on this junction in the South- ern States. Suppose in its it discovers that the State government of New York is not pro- cisely republican in form, the constitation aliows 1s to make good the want which we might, for tlusera- tlon’s sake, call the right of manhood suifrage, with- out distinction of race or color, If it has the power in one State it bas the power tn all. Lat on roiec~ I deem it safer and surer to have the ques tion of suffrage sottied forever by consilia~ tional amendment. ‘This can be doae it two ways—by @ vote of three-fourths of the States or by thé action of & national convention, which t# almost another name for @ national congress. The lutter, however, te too extraordinary a medium and lua never yet been resorted to. We will try the other plan With greater ease and without exciting so much disc! ‘ad “You don’t thiuk, Senator, the republican party has acted fairly in forcing suffrage un the Souu and leaving it an open question at the North?” “Phere is exactly where republicans ought to be ashamed. Vil adiit freeiy there has been much ashwifling on this point. There has been an abacnoe of fair, square dealing; but, as far as [am cone you know very weil that 1 fought for the same Measure of justice to the Diggers of the North that we deinanded for those of th wath.” “Do you favor this = to unite the Lodian Bureau with the War Departinent ("* that thing should have been done tong aco. cera of the army have au interest tn preserv tndians, Their bus! ey, eof ing peaceable relations wit ness there is tor that object, and they are too weil acquatnted with the ti of figh Indians 1” mid-winter out on those wild vote? Laan to coves the occurrence of hostilities, But it iv air. ent with these devils of the interior Departmen! tas Rave, over sites Sates emuanese lay, been at tho Vor plat dariog tue pout irs) oF Whole busluess iis lundering the poor inafans; wad human te Teaae. Inatter how cold ov stolid, ehumot wlan ate? (Poa ment long.’? wage “Well, Senator, aa a parting inqulty. ‘ how you would Iku to be Andvew Jonnsom ba 4 fool ike Y “Not much. If { wore him Fahourt fool Uike @ mak about ty leave the Penitntiary aller serving tou . Marester of tor, iamciing at the odd character of Soar yd Ud A JOCUAa BoM algal. ipa? acatGily

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