The New York Herald Newspaper, October 4, 1869, Page 7

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Pia UN fn pel évery tribe, during the period of the war of the Revolution in the United States, and the first Puropean dealer in American scalps taken from the heads of the soldiers of Washington. It is eminently meet and proper, therefore, that Prince Arthur should be ranked, not by brevet only, an Indian brave chief. But what will be the effect in England and here with ourselves on the succession to the throne and the Monroe 4octrine? Prince Arthur, as Chief of the Mohawks, takes down his brother, the Prince of Wales, in point of precedence, at once; for certainly the Guelphs are not quite #0 ancient in the royalties as the Ameri- can Indians. Indeed, it may be feared, should he become ambitious, that ho will outrank his royal mother herself; for what signifies the fact of being crowned and anointed, sitting on a ‘‘stone of destiny,” which has in reality been stolen from Scotland, to being voluntarily chosen by an Indian ple biscite, taken under the broad canopy of heaven, to rule over a perfectly free nation in Amer- ica? The banner of the Prince of Wales must certainly be moved down a peg or two in St. George's Hall, so as to make way for the tuft and feathers of the youthful leader of the Mohawks, Prince Alfred may come along, to be sure, from the Antipodes and the Sandwich Islands, with al! his Maorl and Polynesian honors ‘‘thick upon him;” but Wo are quite certain that his claim to prece- dence will not stand the slightest chance in the Herald’s College, London, beside that of Prince Arthur. There is little doubt also that the Mohawks communicated to the pale face chicf brave some few of their mysterious seorets in the line of governing, recollecting what extraordinary monarchical experiences the late King Louis Philippe of France acquired during his sojourn among the Indians on this Continent—who styled him the ‘Cun- ning French Medicine Man”—and how bene- ficially he utilized them for France and bim- self, after his return to Europe. Prince Arthur's installation as an Indian chief is likely on every account to inaugurate ® serious royal crisis among us. We can scarcely object to it, however—that is, pro- vided the principle of the Monroe doctrine has Bot becn violated. This great question remains, however, legitimately with Attorney General Hoar, who will at once set to and “read up the case which we now put—Are the Mohawk Indians royalists, or do they make a monarchy, or are they merely aristocratic barons? Is Prince Arthur a king or merely the headof a clan? If itisamonarchy, Prince Arthur must go by the board. In the mean- time, all ‘‘Hail to the Chief” of the Mohawks Not the Right Man in the Right Place, Mr. Boutwell at the head of the Treasury Department, There is not a banker or broker or merchant in the city of New York who does not believe and know that it was within the power of the Secretary of the Treasury to prevent the initiation and extension of the recent gold gambling conspiracy, which spread elarm and dismay throughout the whole country and brought bankruptcy, and poverty to many. He did not interfere until the object of the canapiracy had been accomplishad.and the ruin had been wrought, If he could inter- pose then, why could he not have done so at the initial or any intermediary point in the progress of the infamous plot? We never may know, and hardly care, whether the rumors which gained credence in Wall street as (6 his complicity in the scheme are true or fatee, and whether he had an interest in pro- moting the success of the scheme. It matters little now. A blunder is often as bad as a crime, and in this case it was. The excuse that it was a mere struggle between rival gold gamblers, in which he or other outsiders had no interest, is the merest and flimsiest subterfuge, because in the result of that struggle the financial stability of the government itself and the prosperity of the whole country were involved. We have thought, and it must have occurred to all who reflected on the subject, how different would have been the course of the man whom Presi- @ent Grant had the good judgment to select in the first instance as head of the Treasury Department, but whose appointment was defeated by the chicanery of a lot of politi- cians in the United States Senate. This is the penalty which the country pays for encourag- ing politicians and putting them in posts that should only be filled by statesmen and men of the highest practical business attainments, Pruasta as A Navan Power.—Prussia has discovered the necessity of increasing her maritime importance, and the subject of a Prussian fleet, so long ridiculed, is now becom- ing an established fact, With such an extensive seaboard, including so many impor- tant ports from which vessels now trade to all parts, a naval protective force is rendered absolutely necessary, and Count Bismarck has not overlooked the want. The appearance of Prussian war vessels is novel, but is a proof ofthe progress of the foreign policy of the government, and the Teuton element so widely spread throughout the universe generally may rejoice in the prospect of more effectual pro- tection on the part of the Prussian govern- ment. OISCOVERY OF A SKELETON, Forced to stay in-doors by the inclement weather some people yesterday spent the time by prowling about the old buliding No. 387 Canai street and peer- ing into all sorts of forgotten nooks and crannies, They wore rowarded at last by finding, benind the rafters of an attio room, an old-tin wash boller, Taking it down they removed the lid and were hor- rifled at finding it filed with human bones. Murder ‘was scented at once and the police called; but Roundsman Becklen, of the Eighth precinct, wel ing the summons, by dint of inquiries of the olde: ftiainable inhabitant discovered that a long time fago tho room was occupied by a pair of medical students, ‘The mystery was at once solved, and the bones proved to be the traces of scientific investiga- tion rather than of brutal passion, They were taken in charge by the police for decent burial. BASE BALL NOTES, ‘To-day the “Red Stockings” play a picked nine at fan Franctsco; the Atlantica and Athletics play at Philadelphia; the Eckfords and Resolutes, of Eltza- beth, play at the Union grounds, and the Gothams, Of this city, play the “Storm King” at Cornwall. Last Sunday week the Storm King played tn Gotham, but the game to be played to-day is not a return of the game of last week. Smoke? On Wednesday the Atlantics and Unions, of Mor- riganta, will play at Melrose, On Thursday the Empires and Athletes will play their return gamo at Washington Heights, or, Oofty Goof, Mr. Flips, vode zay, on Dusday doze Alm. pyers und dozo Odledes vill Diay dot bowil baze at loze Vashinin Hyets. I vos pelong off dot Odiedes glub myself, und I vos goin dot I zhal be dere, On Saturday the Atlantics and Eckfords will play the return game for the champlonship at the Union TULGRAPNIC NEWS ALL PARTS OF THE WOKLD The Spanish Counter-Revolu- tion in Active Progress. Prince Napoleon on Franco-Ameri- ean Democracy. Austrian Report of Napoleon’s Peace Policy. A Saxon Town Destroyed by Fire. Paraguayan Report of the Losses of the Allies in the Late Battles. Lopez Entrenched in the Grand Cordilleras, Insubordination in the Cu- ban Army. Infamous Treatment of Americans by the Cubans. SEVERE EARTHQUAKE SHOCK IN UTAH. SPAIN. General Sickles Note Remains--Execatlve Toleration for Cuba=—The Throne Ques. tion. MADRID, Oct, 8, 1869. The note of General Sickles to the Spanish gov: ernment in regard to Cuba has not been withdrawn, A circular is published tn the Oficial Gazette in- structing the Captain General of Cuba to treat rebel prisoners with humanity and deal with their offences through the ordinary tribunals, and urging him at the same time to push forward reforms in the administration of the island. The Uberals generally oppose the elevation of the Duke 01 Genoa to the throne of Spain. The Reactionary Insurrection Against the Revolution—Agitation, Excitemont and Fightiag—Cutting the Telegraphy—Most Serious Events Anticipated. Mapnip, Cet. 2, 1869, By French Atlantic Cable. The insurrectionary movement is maintained at different points. Communication between Madrid and the provinces {s dificult, as the telegraph lines have been interrupted in their working very in- juriously by the republican pands, The republican volunteer forces collected in the cities, Madrid, Barcelona und others, with the view of rescuing the prisoners taken by the military during the late engagements at the barricades, have cut the ABlarinamh mrieanee— a omen ing the government despatches. Very considerable alarm still exists at Bejar, where the populace remains excited and tn very unruly condition, ae ee Republican deputies who have been elected to Cortes, have organized counter-revolutionary or democratic reactionary bands in Heresca and Mar- taselll, ‘Their forces have been defeated at the last named place by the local authorities and troops. Most serious events may occur in Spain at any moment, but Madrid remains quiet just at present. The Reinforcements for Cuba, MapRID, Oct. 8, 1869. Telegraphic communication between Madrid and the southern provinces ts interrupted. It is be- lieved that a republican insurrection is in progress, The equipment of a fleet for Cuba is pushed for- ward with great energy at Cadiz. Light artillery for special service and needle guns aro to be sent out, FRANCE. Prince Napolcon on Democracy=The Bonds Which Unite France and America. PAnIs, Oct, 3, 1869, Prince Napoleon has written a letter to Colonel Berton, chairman, and other Americans sojourning in London, thanking them for their address con* gratulating him for his liberal speecn in the Senate, The Prince reminds them of the bonds which have always united France and America, and continues :— “The present position bears resemblance to that at the close of the last century. France seeks to found a liberal democracy at the moment when America emerges from a gigantic struggle for the destruction of slavery, which dishonored the republic. The methods of France and America are different, but the end i the same, Constitutional liberty established in France will piace the political sentiments of France and America in as complete accord as their interests already are.’ In conclusion the Prince thanks his American friends for having perceived in his speech moderate liveral and democratic sentiments, which alone can secure the end at which they aim—the alliance of the empire with liberty. The Legislative Convocation. Pants, Oct. 3, 1869, The Journal Oficial announces that the Senate and Corps Législatif have been convoked to meet on the 29th of November. Nearly all the Paris journals express dissatisfac- tion at the fact that the Chambers have not been immediately assembled. Diplomacy Towards Rome—Platform of the Bishops. vii Paris, Oct. 8, 1869, The Patrie contradicts @ report that the French troops are to retire from Rome on the 16th of November. ‘The Figaro says M. Dupanioup, Bishop of Orleans, will defend liberal ideas before the Ecumenical Council, and that fifty American bishops give him their support. AUSTRIA. Peace Reporte from Paris—Napoleon Announce a General Disarmame Great Powers in Accord. VIRNNA, Oct. 3, ab By Frenoh Atiantic Cable. The Vienna Presse, whioh is generally recognized @@ an official organ of the Austrian government, Publishes tn its issue this morning advices from Paris to the effect that the Emperor Napoleon hopes to open the coming sesston of the legislative body of France by announcing to the mombers, among other matters, the fact that an agreement has been arrived at between the Euvopean Powers for a gen- eral simultaneous disarmament, SAXONY. A Town Destroyed by Fire=Htenvy Loss to Manufacturers. Lonpon, Oct. 8. 1969, By French Atlantic Cable. Telegrams from Dresden report that the small town of Frauenstein, the seat of an extensive linen Manufacture and dye works, lying about twenty miles from the capital, was totally destroyed by fre last night, to PARAGUAY. Brazilian Losses in the Late Battles=Lope2s Retreat Successful—The Allied Army to Res dre from the CountryAcéusations Agaiast the Brazilians, Pants, Oct. 3, 1889, Advices from Paraguayan sources represent that thé losge@ of the Braztitana in their Jast patties amounted fo 8,000 men. President Lopes retired to thé Grand Cordilleras, and thence to Acquaza, where he nad in advance pre pared new positiona for his forces. The allies were | preparing to withdraw from Paraguay, dus woud | leave a few troops behind to support the provisiona, government estabilshea at Asuncion, The argea tine government had already recalled (te contingens to sho allied army 'p Paraguay. The Buenot ayres Journa.s accuse the Braciiians of assassinating their prisoners. CUBA. *f Reinforcements for the Army. Havana. Oct. 8, 1860 4 Spanish steam transport hae arrived wm port with 1,000 soidiera from Cadiz. Arriva) Spanish Insubordination and Treachery tn the Ouban Army—Horrlble Treatment of Americans— Ne Quarter Shown Them in Battle. WASHINGTON, Oct, 3, 1369. Letters from Cuba received here yesterday confirm Previous accounts of the insubordination and treachery tp the Cuban army, General Cespedes and General Quesada are untiring tn their endeavors to harmonize the confitcting elements, but without success. The Americans are anxious to get away. They report that every promise made them before leaving New York has been violated, and the repre sentations of the state of affairs on the tsland are equally false. The Americans who have escaped describe the condition of their comrades aa moat piteous, They are compelled to take the front {n all contests, and receive no quarter from the Spaniards, The wounded who, ia the exigency of battle, are left upon the Geld, are invariably mur- dered. To this is to be added the almoat daily assassination of their comrades by those whose tnde- pendence and liberty they were induced to volun- teer to aesist in securing. Several engagements bave taken piace, in all of which the Spaniards have been defeated, andin each of which the Americans have lost largely. These fights are stated to have deen unimportant tn their results as affects the con- siusion of the war, Havana Markets, Havana, Oct. 2 1869, Sugar.—Exports during the week from Havana anc Matanzas 10,000 boxes, 500 hhds, to foreign porta anc 3,000 boxes to the United States, Stock in ware- houses at Havana and Matanzas 200,000 boxes, 3,000 uhds. Quotations nominal, Freights declining, THE NEW DOMINION. Enthusiastic Reception of Prince Arthur at Toronto. TORONTO, Oct, 5, 186% Prince Arthur, the Governor Generai and the roya! party arrived here by the Great Western Rail- way at four o'clock yesterday afternoon. The crowd around the station aud in the streets was im- mense and the enthusiasm unbounded, nothing like it having been witnessed here since the visit of the Prince of Wales. The crowd was estimated at ay 80,000 people. A procession was formed, and the party was driven to the Olty Hall, where addresses to Sir John Young and Prince Arthur were presented by the Corporation, and appropriate replies were delivered. The party then re-entered their carriages aid the line of march waa taken up along the principa? streets to the Lieuten- ant Governor's residence. Four hundred children, on platform erected on King street, sang "God favo the Queen" as the procession passed. The streets were gorgeously decorated and the Illumina. tions were Ou @ very extensive scale, Last night the Prince reviewed the volunteers in the drill shed, and afterwards presented the prizes won at the recent rifie service at Si. James Cathedral, for which Uckets of admission were Issued, THE INDIANS. Destruction of a Large Indian Camp by Gove erament Troop: Omaha despatches say intellig. ce from the expe- dition under General Duncan, who, with the Fifth cavalry, left Fort Mcr’herson about ten days ago for the Republican river, says:—The troops surprised a camp of fifty-six lodges last Sunday and drove them away, capturing a large quantity of camp equipage, ‘The Indiaus lost one Kilied and several wounded, THE PACIFIC COAST. Large Fire to San Francisco—Shipment of Wheat to Great Britain. SAN FRANCISCO, Oct. 2, 1869, The furniture, cotton and frame factories on Fourth, near Berry street, were burned to-day. The Joss is $200,000, which ts partially covered by tnsur- ance. ‘The Cincinnati Red Stockings Base Bali Club to-day Ce ioen @ California picked nine by a score of 40 0 14. During the quarter ending September 30, sixty- eight cargoes of wheat, aggregating 1,840,000 sacks, and valued at $3,317,500, were shipped from this port to the United Kingdom, UTAH. Severe Earthquake Shock at Fort Fillmore. Sr. Lovrs, Oct. 3, 1869, A despatch from Fillmore, Utah, dated the Ist inst., says:—At ten minutes to seven o'clock this evening a violent shock of earthquake was felt here, It passed from south to north, apparently in a due Ine, The State House rocked and trembled for five or ten seconds; then the shock gradually collapsed to trembling and distant rumbling. The windows, doors, cupooards and furniture of the dwelling houses in the city rattled, It ts said to have been the most violent shock that has been felt tn*this part of Utah since its first settlement. The shock and trembling together lasted two minutes, MISSISSIPPI. President Grant Favoring Dent’s Election. Memruis, Oct. 3, 1869, Aspecial despatch from Grenada, Miss., saya:— Judge Dent, ina speech here yesterday, in reply to General Aicorn, said Grant was in favor of tis elec- tion, and had told him he hoped he wouid ne elected. LOUISIANA. Work Commenced on the New Orleans and ship Island Canal, . NEW ORLEANS, Oct. 3, 1869, The work of excavating for the New Orleans and Ship Island Canal commenced yesterday about a mile above Carroliton. Mr. Bratt, the president, dug the first dirt, and delivered a brief address, Speeches were aiso made by Governor Warmoth, Lieutenant Governor Dunn and others. A contract has been made with a dredging company to exca- Finke the canalfrom the Mississippi river to Chef jenteur. VIRGINIA. horn Reconstruction—State and fcultural Fairs in Virginian and North Carolina. RICHMOND, Oct, 8, 1869, ‘The great annual fairs of Virginia and North Caro- lina will be held during four consecutive week: follows:—Border Agricultural Fair of Virginia and North Carolina, its third annual fair, at Danville, Va. 13th, 14th and 16th of October; North Carolina Stat Agricultural Society, at Raleigh, N.O., 10th, 20th, 2ist ‘and 224 of October; Lynchburg Agricultgral and chanical Society, atLynchburg, 26th, 27th, 28th 92th of October Virginia State Agricultural Society, ‘at Richmond, 24, $d, 4th and 6th of November, 1869. Besidea these, county fairs will be held during the same perio Staunton, Lexington, Wytheville and Leesburg, Va., thus affording parties an opportunity to attend as’ many of the exhibitions as they think proper. Throughout both States there ts a eral disposition to lmprove the present method of g stock and introduce new for the old systems Of agriculture, and these fairs will give new impetus to that gort of practieal reconstruction. Assembling of Members of the Legislature The Sonatorial Question. RICHMOND, Oct, 3, 1869, About fifty members of the jalature have ar- rived here, Very few, If any, are committed to candidates for the United States Senate, and ali 56cm to be watting for a caucus to determine the matter. ‘The names chiety ti LK night) for Senato Robert Williams and Lieutenant Governor J: Lewis, A caucus of Wall mon will ‘ve held to- morrow night to baa aged omcers of t ture. Zephanias Turner and John B, Crenshaw are oken of for Speaker of the House. The Senatorial e — will not take place until the end of the w a Teeeeev—_ _ oe eee ee—_0_€—0— nn Scamied cant blind ai WASHINGTON. Tho Administration and the Wall Street Panic. Fisk Seeking the Presidential Confidence. The Gold Gamblers’ Game Spoiled by the President. The Owners of the Euterpe Ask Protec- tion from Cuban Privateers. The Spanish Gunboats Not to Leave American Waters. WASHINGTON, Oct, 8, 1869, The Administration and ¢ Wall Street Panic=Fisk Wante a Hint as to Grants Financial Polley, : As comments have been made in the newspapers affecting the administration tn connection with the recent gold panic, and much tnterest ts felt on the Subject, the Washington agent of the Associated Presa to-night called upon the President to ascertain whether there was any foundation for insinuations or direct charges against the admin- istration, The President conversed with the utmost frankness on the gubject, and sald he had not thought proper to publicly contradict the state- ments concerning himself, as he had done nothing whatever to Influence the money market or to afford any advantages to private parties. While in New York he had many voluntary advisers, but he repeatedly said to them that the administra- tion always held itself tn a position to act as it seemed best, and free to make any change of Policy for public interest, In the course of the conversation he stated that while on the eve of going to Newport James Fisk, Jr., came on board the steamer at New York, and said to tho Prosident tnat Gould had sent him down to ask that he would privately give them a little intimation ag to what the administration was going to do on the financial question. The President re- pied that the giving of such information Would not be fair, and askea Fisk whether he did not think so himself, Fisk admitted it would not be fair. The President then tnformed him that whenever tho administration was going to change its action or policy the Secretary of the Treasury would give notice through the pews papers as usual, so that everybody might at the same time know what tt was, thus excluding any possible charge of favoritism. On the morning of the panic—Friday week—Secretary Boutweli com. Municated to the President the situation of affairs tn New York, when the President said, ‘Sell $6,000,000 of gold.” The Secre- tary replied that he had come for the purpose of suggesting a sale of $3,000,000, the idea of selling gold thus appearing te be in the mind of each at the same time. A few minutes thereafter the order was telegraphed to New York to sell four millions of gold. It may be repeated that the President had informed no one whomsvever of the purposes of the administration on financial subjects, and the same remark ts equally true of the Secretary of the Treasury. Looking Out for the Hornet=The Owners of the Euterpe Asking for n Convoy. __ public No. 153 MAIDEN LANE, New York, Oct. 1, 1860. pier Ma! Fisn, Secretary of State, Washington, On the 234 ult, we chartered to José Pesant, of this city, the steamship Euterpe for Havana, to }oad at Cold Springs with artillery. We are informed by rumor that a pe is Wetrs! off Sandy Hook to intercept her, We respectfully inquire what protec- tion in such an gyent have we from the Ynited State; government F pth tr) {aawer hast Bs yours respectfully, ©. H. MALLORY & CO. . }DBPARTMENT OF STATE, WASHINGTON, Oct. 2, 1869, GENTLEMEN—I have the hon r to acknow edge the recetpt of your letter of the Ist tnst., stating that you are informed by “rumor” that a pirate is in ‘Wailing otf Sandy Hook to intercept the steamship Euterpe, bound for Havana, and inquiring what pro- tection {n such an event the United States gov- ernment will. afford you. You do not state whether the Euterpe is @ registered vessel of the United States. Assuming, however, that such is the case I have to say in reply that while on @ mere rumor @ convoy cafnot be given to the vessel; the United States will, tf a vessel carrying their flag is moiested on the high seas, use all their power to punish the oifenders and to prevent a repetition of the offence. Ihave the honor to be your obedient servant, HAMILTON FISH. ‘To C, H. MaLtory & Co. The Case of the Euterpe=No Questions Asked of the Destination of War Materials Purchased in the United States=Tio Spanish Gunboats to Be Detained. The refusal of the government to detain the steamer Euterpo arose from the fact that It was not considered that, in taking out a cargo of arms and munition, sie was*guilty of any breach of the neutrality laws. It waa established asa principle some time ago that any person or persons could purchase arms aad munitions of war from our government and that o0 questions would be asked aa to their intended use or destination. The admin- istration does not propose to vary from this policy. It was known here that the ordnance on board the Enterps was intended for the Spanish gunboats now being built at New York, and that the object was to take {tdown to Cuba and put it on board the gunboats when they reached there, In fact, this matter of tho Euterpe is but part of a plan to get the Spanish gunboats afloat in Cuban waters, ‘The government here ts fully apprised of it, and ite determination not to allow the gunboats to depart under any pretence is unaltered. The sailing of the Euterpe, therefore, will be of no advantage to the Spantards, as the ordnance on board of her is use- less without the gunboats, Bad Record for a Radical Senator. Tt will be remembered that some time ago a letter purporting to be written by Senator Pomeroy to one Legate, promising to sustain Andrew Johnson even against impeachment in case the then President gave Legate the post office at Leavenworth, Kansas, was publisned. The name of Cornelius Wendell was mixed up in the matter, and that gentleman has addressed the following note, with reference to it, to the editor of a Leavenworth paper :— WASHINGTON, D. 0., Sept. 31, 1860. M. 8, Burks, Esq.:— Sir—Returning from the North I find yours of the 7th inst., containing @ copy of a letter from Sen- tor Pomeroy, &0., a8 publisned in Sand Paper, and in reply I can say that a lotter, of which you enclose a copy was brought to me by ite as from Senator Pomeroy, and that I then believed and still do believe that it was authentic, and the saidletter was used by me to further Legate’s poitical aspirations. Yours hastily, 0. WENDELL. Personal. Amos Kendall has been 1! for several weeks. Dr. Dexter, ‘hia physician, says he cannot recover. Colonel Frank E. Howe, of New York, Special Supervising Agent of the Treasury Department, arrived here this morning, He had interviews with the Preatdent and Secretary Boutwell end returned to New York to-night, Secretary Boutwell will leave Washington to-mor- row noon. He speaks in Philadelphia Monday night. TELEGRAPHIC NEWS ITEMS. John Hughes, aged forty yeara, was found dead corner Twenty-third and Chestnut streets, Phila deiphia, this morning, stabbed to the heart. There is no clue to the murde! A shop in Pawtucket, R, J., was burned Saturday night. The boiler of @ steam fire engine exploded waite the machine was gaing to the firo, slightly injuring several persons. The explosion was dowo ward or @ 8ad loss of life would have resulted. The triol of Bellanger at Montreal for the murder of La Boute, his wife’s paramour, terminated on ‘The counsel for the defence cited tho Sickles and Uballoner cases, and made A ne appeal in favor Of the prisoner. The jury returned verdict of not guilty. ‘The Judge expressed his approval of the verdict NEW YORK HERALD, MONDAY, OCTOBER 4, 1869—TRIPLE SHEET. A TALK WITH SENATOR SPRAGUE, His Opinions on Groat Questions of the Day= The Danger to tho Country=Wall Street Cyclones and How to Prevent Taem—Nevose sity for a National Council of Finance=His Views on the Labor Question. Boston, Oct, 8, 1869, Rhode Istand, as even every schoo! boy knows, 1# ® smali State, but it ts of precious value, Provi- denee, ite chief city, with a million cotton spindles Gnd facilities also for making everything, froma tack to 9 locomotive, and jewelry and aiivor ware | for the whole country, ts naturally suggestive of the Spragues, who, } would incidentally remark, give | employment to over top tuousand persons. When | one speaks of Rhode Island he means the Spraguos, Great are the Spragues. Their pay roll mouthi: amounts to $1,500,002, The Amasa Sprague “pian tation” is prine! in Crauston, and it embraces about three thousand acres, So much avout where | the Spragues live and what they do, Senator Sprague's views upon finance, it is well known are at variance with those of most of the icading men Of the republican party; and whenever occasion pre- sents Itself the Senator ig not at al’ bashful in pro- senting thom, whether It be in the Senate Vhamber at Washington, or among the farmers of Massaciu- setis, or at his own residence at Cranston, Senator Sprague talked to tho farmera of Worcester county the other day, and he told the sturdy yeo- manry juat what he thought of the American finances, After having toid the farmers, who prova- bly did dot know t¢ before, that civilization owed its thanks and gratitude to the men and women of Massachusetts, he had the boldness to say that America was not in a state of progress, but ratuer the reverse. And he sought to poimt out the cause and tne remedy. But the most intelligent manner of giving Senator Sprague’s views on the great questions of the day ts to be foun’ in the following “interview” with him:— Senator Sprague said he considered money as the Great sociai feud of the times, as at the bottom of politics and religion as well as of business. “honey,” said Senator Sprague, ‘“‘stagnating in the United States Treasury, or in tho bands of ite great army of revenue collectors through- out the country, ts the cause of all our financial woes. Wall street cyclones and business ductuations, continual motion and circulation is as necessary to keep up the equilibrium in the mone- tary world ag it 13 tm the atmosphere which swathes the globe, which 18 kept neaithful and equable by the continual interaction of polar and equatorial currents of cold and heaved air. The United States Treasury, a3 at preseut managed, is the very centre of monetary confusion aud the fruitful cause of speculation, panic and high prices. Whatever Boutwe.l does, he is bound to do damage. For example, U he goes into the market and seils $2,000,000 gold he takes out of circuiation $5,000,000 of greembacks and locks them up and makes currency high, straitening the business community to that extent. In fact, the money power in its present utterly unreguiated condition is nearly omntpotent, and finally absorba all the profits of business. Mon: the rudder of property, and un- regulated and unrestraimed, as it is at precent, ttis rapidly steering us to financial perdition and ruin. Popular endurance may ve too severely tried. What lg the governmént doing at preseat? It is levying forced loans on the public tn the shape of waxes to an unprecedented amount, and alternately hoarding and letting them loose ou the market in the most uncertain manner, creating aiternate scarcity of iunds and repletion. Hence the fluctuations of the mouey market, that suake the country to tts very centre, giving it carthquake shocks, wich cannot be stood much longer. Aud these crashes fall fnaily most severely on the prccie, What I pro- pose as a remeay is stmple, but have no doubt it would be efficacious, When President Washington asked Mr. Hamilton what was to be done with the (Revolutionaly; public debt Mr, Hamilton answered, ‘Bank upon it,’ So he did, but the profits of the operations of the bank went to make and swell pri vate fortunes, I do not propose that, I do propose the ereciton in New York—the great oaney centre of the country—of a National Council of Finauce, whose function {t shall ve to take charge of the public debt and the public revenues, and instead of using those great instrumentalities for private eimolument and purposes of specuiation bend them to the public profit and to the accruing of a firm and untiorm course in the money market. [ do vot Dow speak oO! the precise composition of that cone further than to say that ny members should be chosen from among the mpst_reputphj@ of owe TY Would “hiake “Tt suflicientiy independent in its sphere to protect it from the inte:ference of poll- ticlans, though its members should be amenable to impeachment. It should be large enough in num- bers to command the respect and coufldeace of the people. I would at once take frem tho nauonai anks the power of issuing circulating bank notes, and give to the council the exciusive gonirel of the currency of the country. It should foun daily, tpoa adequate guarantees of payment, any funds ta its custody not required for the uses of the government; it should issue and loan gold hotes upon the govera- ment gold in its charge: It shouid issue such notes upon the gold of private depositors, and shouid col- lect upon lis loans such interest as would be war- ranted by its own judgmeut. Driefly, it should be the actual nancial agent of the government, should colleci the revenues and disburse them, but so con- stituted that it might do any business a bank may now legtiimately do. tlaving no speculative or pri vate purposes to serve, aud devollng tte energies honestly to the purposes tor which it was created, I have no question that it would speedily give cer- tainty and confidence to ail our business Interests and at once jut us tn a position to compete with the most favored nation. it would not fail to give uniformity and steadiness to the money market; it would be too powerful for succesafui competition by the speculators, and its infallible eifect would be, in my judgment, to cheapen the cost of money and lower prices, because it would cheapen the cost of production.” ‘To the objection of corrupt, bad management and of entrusting 80 extensive powers to so few men he sata:—“l answer that powers as great, or even greater than those proposed to be vestel in the Council of Finance are now exercised by the single individual who happens to be Secretary of the Treasury. Besides wich, as the people give to this institution fts- powers, whether great or little, the people may also take them away when the Council fails to meet their just expectations. The power, in other words, thal creates may also destroy. A third objection is the danger of corrup? aud bad management, But could any management be Worse than that we have endured for dve years! Human fngeuulty coula hardly devise meinods for the conduct of our monetary affairs more at war With the interests of the people than those which bave prevailed since Lee's surrender. The whole Mauagement haa been in the interest of brokers and speculators, a state cts $0 patent to the peo- labor to those who do not labor, and clogs with diticuities the industrious artisans. ‘There preva according to Jolin Stuart Mill, which permanently deteriorate the condition of the whole works opie. The process of creating a reat pubite Gene # one of the most potent of them. The Engish debt affords a striking exampie, There was a large {nfation of the currency pelts 3 the years in which it waa matniy created, and as the debt progressively increased (he comforts and even the necessaries of (he laboring poor were eta mer 8 diminished, In regard to the introduction of Chinese Jabor into the ‘ouch and elsewhere, Senator Sprague said:— I am decidediy averse to the introduction of coolies into tue South and elsewhere, a¥ a step calculated to degrade labor.” His investments in the South are over-estimated, and the statement that he has bought one of the largest water powers in South Carotina is not exactly correct, although he has iuterests in that State, Speaking of the recent New York gold panic, he said:—“A few miore such opera-. Nona in gold would prove positively dangerous to iiberty and to civilization." Senator Sprague waa quite free to express his | Views on the above topics, making no attempt to concea, anything, The senator goss abroad next month to France aud Germany to tvestigate tne subjects of labor and finance tn those countries, and after his return the country wiil hear from uim. MARYLAND. Heavy Rain Storm—Another Fleod tu Baltle more, BALTIMORE, Oct. 3—Midnight. The rain storm increased in violence about nine o'clock ihis evening, and continues unabated, with every indication of another flood in that portton of the city submerged last ss” The fire betts are now sounding a gen®ui alarm. Horrison street, from Gay to Baltimore, 1s flooded, as ajso the vicinity of the middle district police station. ‘fhe stores on Gay, Harrison and other streets are lighted up, and the merchants are removing their goods, ‘The rise at present is caused by back water from the sewera. Jones' Falls creek has risen tWo.feet within the past hour. The Water at present ts about three feet below the banka, and ts rising rapidly. ILLINOIS, Bank Robbery in Chicago—3125,000 Stolea, CHICAGO, Oct. 3, 1849. Yesterday, between the hours of one and two o’clock in the afternoon, ome person entered the banking house of Clark & Ulman and went betund the counter, entered the vault and took a trunk containing securities amounting to $125,000, The robbery was not discovered until some two hours aiter. Fortunately none of the property taken cam be made availabie to the burgiar, INDIANA. The Accident at the Indianapolis State Fair. INDIANAPOLIS, Oct, 3, 1369, The Coroner givea the number killed at tho (air ground on Friday, including two wounded, who have since died, at twenty. There 1s sttit one body at Weaver's (undertakers) office that has not been recognized, and the head and some fragments of flesh of another body. Jona Loring, of Franklin, ind., died at the City Hospitat yesterday, and J. A. McVey, from the country near thia city, at the Surgical Institude to-day. One of the bodies at Weaver's is supposed to be John Stack, of Rob Koy, Ind, Nine of the dead were buried here to-day. Two or three more of the wounded are in 8 very critical condition and wilt probably not recover. As near as can be ascertained between fifty and sixty persons were wounded. The coroner's jury is still in session, and wili not prova- bly render a Verdict for several days. It has seen definitely ascertained that no females were killed, except one girl, Miss Dawson, tweives years old- Several iadies, badly wounded, are stul at the Hos pital. NEW ENGLAND LABOR REFORM LEAGUE. WORCESTER, Oct. 8, 1869. The New Engiand Labor Reform League com- menced its session yesterday and continued uncis this evening, The attendance las been small at alt the meetings and few of the distinguished speakers advertised to be present made their appearance, The utmost latitude was allowed in dls cussions. Mr. S$. S. Foster, of. this city, spose at length in opposition to strikea and against landed monopolies, One speaker ac- cused the Governor of Massachusetts with havi TIRE hQEOP eB Wd REBT oh AU 88 lower political hell than ever Daniel Webster was," and called the republican party the oppressors of the working classes, &c.; while another took ex- actly opposite grounds, favored the formation of acne of the, speakers while shee: Opposed the Na ee aap ee pSored formation o! unio) while o were opposed othen. ss os vom ‘he resolutions adopted oppose all speculation, interest, rent, &c.; Insist that an exclusive “cur+ rency, whether of specie or paper," is only for tne advantage of the “privileged few. demand the withdrawal of bank notes, their sed to be sup- ited with Treasury certificates; charge Secrotary Boutwell with rhpudiating the obligations of law and justice, and state that he should be inpeached; justify the holding of the Convention on Sunday; charge that the Protestants churches espeelally have apostatized from the trae faith and are undeserving the support of Christians; oppose the pers political parties, and recognize the rights of the working women, &c, The Convention adjourned to meet In Providence on the 161b and 17th insts, MORE STABBING. Ata late hour last night a disturbance occurred at the corner of Catharine and Cherry streets, during which John Welsh, of No. 2 Catharine slip, was stabbed in the shoulder and slightly wounded by ome unknown person. He was taken to Bellevi Hospital, ALLEGED HOMICIDE IN NEWARK, N. J. About eleven o'clock yesterday forenoon Dr. Dodd, the Essex County Physician, was notified that a maa named Louis Schacfler, twenty-eight years of age, residing at No, 40 Kossuth street, Newark, N. J., had died some twe hours previously from the result of injuries received at the hands, as alleged, of Max Grat, @ saloon-keeper doing business at No, 69 Kossuth street. The doctor at ounce proceered to investigate the matter, and on the way notified Coroner Lang to make preparation for the hiding of @ inquest. On arriving at the residence @ post-mortem examination was made by Dr. Dodd, wilca resulted in the discovery that death had ensued from the vertebral column having deen je that nota few of them propose a remedy very — a Staple indeed, but terribly eMlcacious—I mean that eee det fag bathe Spo of repudiation. The protits will come from the loan | ad repoate lly vistied nrals pings And on eact of the surplus funds in the Treasury, dorived | occasion ts Pp ; ein ae pet aa : from the income of the governinent not | Was about to sare, ca Pr in used from day to day; on the loan of ity | knocked him off the stoop. je unfortunate man bis, based on {ts own’ bonds and securities; | Was picked up in an Insensidle condition and on the business of the purchase and sales or removed to his home, where he remained still uncon- bills of exchange; and, in a@ word, on the scious, never having uttered a word, until nine o'clock b tt ; or: Y yesterday morning, when he died. He leaves a wife whole business now performed by the bankers, government furnishes the foundstion upon the banking business rests. [want the peo, use thig foundation to lessen the burden of taxes, to procure facilities for their business enter. prises at untiorm prices; increasing the quaniity of money, and leasening Its cost by — means now used by the bankers into legitimate business obanuel*, and no longer paying tribute upon wiat is rightfully their own.’ ‘AB to the national debt, as it has been manipulated since the close of the war, scnator Sprague cousiders 1 an unmitigated evil, a national curse. The $2,500,- 000,000 which, invested in slaves, gave the South. ern slaveloiders dictatorial control of the ‘ederal olitics and the federal administration, now, trans formed into the same amount of federal securities, gives the bondholders the same despotic control of the central government and makes the republican party and {ts leaders their supple tools, It will be ag hard, perhaps, to shake off the bondholders’ des- otism ag it was that of the slaveholders, It is Rrrougn the bondholders that the radical clutch on the throate of the peopie and their means of sub- aistence is to bo maintained indefinitely. Sen- Apd two cnildren. Singular to relate, the police knew nothing whatever of the affair up to @ late hour last evening, nor had any action been taken oy the Coroner. Consequently no arrests were made up to tea o'clock. EUROPEAN MARKETS. FRANKFORT BOURSE.—FRANKFORT, Oct. 3.—United oped five-twenties are quoted at 87% for the issue of 1362 A.—The Haines Brow Piano Internal Rov- gnue returns show 1,185 Pianos sold during the year ending April 1, 1869. Call and examine, No, 45 Union Square, A.=Notice.—Cherry Pectoral Troches for colds and sore throats are pleasant qnd will cure. Fhey are fluenced to use those “horrible rose color. Don't be things." A.—Ton Years’ Labor Rewarded.—For Ten = Phalon & Son, the celebrated Toilet Chemist a erimenting t jon for resto Stor Sprague thinks that American "politics | grar nak wots aateral Guu wirich should: be from from, have always meant capital imvested in some | noxious or and, in short, perfectly 4 controlling interest, such as cotton and | limpid solution of hi redients uncontaminated by before the War and bonds since. Go down a | filthy sediment or di 1. Their long labore. bare fi a yo mcrowned with absolute success, Phalon's VITALIA, Fay Oe ne eat nd eee OW harm art | OR SALVATION FOR THE HAIR, accomplishes the beau- ‘eome vast Investment of capital, whose owners are | ¢ hs from five to len deys. Any depth of color the real despots and autocrats of the couutry, who 7 be ob 4 by continued applications. retofore all tax the people as they deem most conducive to their | attempts to achieve (his object been utter failures, soltish idtoreste. Senator Sprague thinks tuat indua- triaily, agriculturally and Lape Sigpon A we are on the road to ruin. We are rapidly exhausting our il, Without furnishing it the means of recovery in the shape of fertilizers, extendtug our rallroads to new tracts ag fast a8 we woar out the old, cultivated ones. Our commere| jestroyed, and even manufacturing ts in @ bad way. It {9 Already debated by our great mill owners whether they shall notran their mills ou half time, As to the labor reform movement, the hours of labor, and an independent workingmen’s party, that sball ignore both the leading parties, Senator Sprague was quite free tospeak. Tho hours of labor, he said, must be aecessarily reduced by tho exiyen- cles of tho time. He was fearful that the labor r form party may euifer itself to be cajoiod by dema. ‘ogues. In June of the current year he wrote to W. | 4 ‘Sylvis, President of the National Reform, Union, as follows, among other things :— Tam not of tho demagoguo class. I am ontirely removed present time from deatring (he popular suppars for A tor any interest I have, direct or indirect. fai marine 1s at nba No fear ire. Alt goverument there Bott! Jon's Vitalia, o1 isa Bottle of Phalon’s ay oe Acar SALVATION FOR THE HAIR, like an ecapty Cristadoro’ and applied at bis w ‘and deatroy. Jocks on the bald and. gray, pales amon, ve under obligations touim for the goad l yalth of the community, Endorsed by the Most EF Phyfclans ndgrnad Arte Os ERE in Europe and Amerien—HOF! Poscrii ishinoo 7 stietbiacneliinleiataageiniaablieig Gournud’s Orie: 50 Por Bate 19 AS Bond atrens ata of a Drea eng and druggists, : Nasea alroot. - saith u ple a true insight into their thal Nave ever tad at an have been used In the creation of industries for the emp Aye} ‘of the people, and Teo Often a Cold ts Consid¢ed a Very Ordie allenge comparion tn reapect to better wagos or better | gary triding affair, just as well laft to g # it came, arut-hence Tr ee ee eee id | Suaepatentt edited ut anne ane abeatg cea which I have char; we of any I oe Sragy other counter, Sore peateat as etrally OAH Cough or Gold should Speaking of thé effect of a great public debt, he Quoted from Recebeada! Nt, Where that Writer saya:— “Te takos the Fovenue of tho State {rom tose Who are active and industrious and convoys it to the indolent,’ That is, it gives the conventencea of rudent, aware that a vi led with, but oo the of

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