The New York Herald Newspaper, October 9, 1869, Page 6

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6 NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR. All business or news letter and telegraphic lespatches must be addressod New York @xxavv. 3 Rejected communications will not be re- qumed. Letters and packages should be properly — = = ! AMUSEMENTS THIS AFTERNOON AND EVENING. OLYMPIC THEATRE, iw YORK. Matinee at 2. -No, 281 Broaaway.—Tug STREETS OF WAVERLEY THEATRE, No. 720 Broadway.—A GRAND ‘amiety ENTERETAINMENT. Matinee at 2. THE TAMMANY, Fourteenth strect.—IxioN—ToT; on, (BE RENvEZVOUS. Matinee at 2 BOOTHS THEAT! « @atineo—Lean. Evening—ENoc FIFTH AVENUE THEATRE, Fifth avenue and Twenty- @ourth stree.—TWELFTH NicHT. Matinee at 2. ween Sth and 6th avs.— HARDEN. NIBLO'S GARDEN, Bi ~—-FORMOSA; OR, TOR Patx0ay To Bury, Matinee at 3, WOOD'S MUSEUM CURIOSITIES, Broadway, corner ‘Whirtieth st.—Matinee daily. Performance every evening. WALLACK'S THEATRE, Broatway and sth street.— OGRESS. BOWERY THEATRE, Bowery.—Bantrs 1x THE Woop— #BuBY AvEVsBAW—NEW YORK FinzMan. ACADEMY OF MUSIC, Mth street.—HeneMaNNn, THE Pavstwiarrareve At Luce vr Lanasnwoow GRAND OPERA HOUS®, o Bid sireet.—Tun Teurzs’ BTEINWAY HALL, Fo ATT! MATINEE ut 2. MRS. F. B. CONWAY'S PARK THEATRE, Brooklya,— Formosa; on, THE RarLRoap To Ruin. erot Bighth avenue and at street.—GEAND Gata TONY PASTOR'S OPERA HOUSE, 21 Bowery.—Couio Wocacism, NEGRo MINSTRELSY, &C. Matinee at 24. THEATRE COMIQUE, 514 Broadway.—Comio Vooa.- Qu, Neauo Aors, &c. Matinee at 235. BRYANTS' OPERA HOUSE, Tammany Building, Uh Ge—Bayvanie’ MinsTex1s—NeGno EcoENTRICITIBG, 40. GAN FRANCISCO MINSTRELS, 585 Brosiway.—Eru10- @lad MiverReisy, Necuo Acts, 40. AMERICAN INSTITUTE GRAND EXHIBITION, Empire PBkating Rink, 84 av. aba 63d st. Open day and evening. : cars OPERA HOUSE, Brooklya—Fas Morr iC. YORK MUSEUM OF ANATOMY, 618 Broadway.— OE AND ARr. LADIES! NEW YORK MUSEUM OF ANATOMY, @Prondway.—Feuapes ONLY (x APTENDANCE. Sas TRIPLE SHEET. New York, Saturday, October 9, 1869. =—- _ THEA NAWS. Europe. Cable telegrams are dated October 8. ‘The French radicals maintain their agitation with the view of forcing a legislative convocation from Qe Emperor. Fighting continues in Spain, the @overnment claiming victories over the republican evolutionists. French oficial reports from Madrid @4eert a general defeat of the republicans. The ‘Spanish executive will ceciare a state of siege at Bach point of future ourbreak. The merchant ma of Spain and in Cuba is to be placed on a footing ‘With shipping engaged in the coasting trade, The "cmap of England and France addressed 0 on the subject of slavery in Cuba, The Lon- ‘Gon Times expresses the opinion that the talk of a eral European disarmament conveys an idea of ws “too good to be true,’ but still sets forth the Probability of peace. Lord Stanley advocates the gystem of a well reguiated trades unionism in England, with an extension of the pian of co- ‘operative industrial profits being snared by the ‘workmen. The Engiish Church Congress was in f@ession in Liverpool. King William of Prussia @pened the session of the Diet with a speech hope- ful of peace. The Prussian budget exbibita a treasury deficit of over five millions of thalers, Bnd embraces a proposition to increase the excise and income taxes twenty-five per cent. Baron Haussmann, Prefect of the Seng an emi- ‘ment public servant of Paris and Napoleon, died sud- Genly. By mail we have our special European correspond- ence in valuable detail of our cable telegrams to the ‘26th of September. Misceflancous. Ex-President Franklin Pierce died yesterday Morning at Concord, NX, H. The fuveral will take place on Monday, at which time President Grant thas ordered a suspension of all business at the eapital, and the usual military and naval honors to ‘be paia. President Grant has issued a proclamation appoint- Ing Thursday, November 18, a aay of thanksgiving ‘end prayer throughout the country. Postmaster General Creswell is negotiating fora Teduction of the postage between this country and Great Britain from twelve to six cents. The mem- ‘ers of Parliament are helieved to favor the reduc- ton, and the Postmaster General is conflaent that {t will be of material benefit to our mercantile interests. In the Cabinet meeting yesterday the case of the Hornet was not alludeato, The statement of facts @aid to have been prepared by the Cuban Junta has not Deen submitted to the government and is disclaimed ‘by members of the Junta in Washington. The Virginia Legislature yesterday ratified. the frourteentn and fifteenth amendments, with only alight opposition. An adjournment then took place Dnt October 18. The ticket agent of Robinson’s circus was fatally Stabbed in Richmond yesterday by George Spala, ‘who mistook him for another man. At the Narraganset Park yesterday Lady Thorn ‘won the trot for $5,000, against Palmer, Golasmith Maid, Lucy aud American Girl. Her time was in @:10%, 2:18 and 2:21, American Girl was distanced mn the fourth heat. This is said to be the fastest Pace, in the aggregate of heats, ever trotted. The report that General Ames was using the troops in Mississippi to defeat Judge Dent is regarded as canard in oficial circles in Wasbing- ton. The President lias not received the despatch which it was stated the chairman of the Dent com- Tolttee had sent him to that effect, and he believes the story was originated merely to influence the Northern elections. The managers of the Georgia State Fair who Fecently invited the President and his Cabinet and all the members of Congress to attend their exhibi- ton, and thenjexcepted General Butler from the list, have since requested the Secretary of the Navy to put ® war vessel at the service of the distinguished guests. The matter was talked over in the Cabinet, and in consideration of the slight to General Butler all the members declined the invitation and the Seo- Fetary of the Navy declined to furnish the vessel. The matter of prize money to Farragut’s men for ‘the capture of New Orleans has been referred to a commissioner, who is to take testimony and report to the court. Vice President Colfax was serenaded in Salt Lake ity on Tuesday, and in his speech proved from mhe ook of a Mormon that polygamy was unwise and Miegal, and ought to be abolished. Governor Bross, ‘of Iinois, foliowod him in the same strain. It is gald that such freedom of speech has never been ex- eroised in that city before. Andy Johnson and Emerson Etheridge are botn in Nashvilie electioncering for the Tennessee Senator. a@bip. The ex-President occupies the bridal cna) ‘dors at the Maxwell House, and has flooded the le; Sative halls with copies of lis principal messages @nd vetoes. The United States Supreme Court yesterday took ‘@p the case of Scariett vs. Fuller, for the recovery of Nghe value of @ lot of cotion seized and sold by tho 4 defendant during the rebellion. Plaintiff dentes the jurisdiction of the court, it being purely @ local Action between two individuals. Defendant pleads exemption from prosecution in consequence of bis being, at the time the cotton was seized, an officer in the military service of the United States, acting under orders of his military commander, and that the cotton was taken for the use and beneft of the government. The question involves the constitu- tonality of the fifth section of the act of March 3, 1863, Jn the Brooks case, at Philadelphia yesterday, the New York parties implicated were produced in court, and held in $20,000 bail each, The three other prisoners are held inthe game amount. A strong guard of policemen was found necessary to accompany them between the court-room and the jail, owing to the threats of their friends and sym- pathizers agatnst dctectivea and revenue officers. In the Transcontinental Railway Convention at Oswego yesterday resolutions were adopted invok- ing government ald for the building of the Nortuern and Soutuern Pacific Ratiways from the Mississippi river to the Pacific coast; also recommending the construction of addition: es between Chicago and the New England seaboard. A line from Portland, Me,, across the continent to Alaska, tt was con- tended, would bring the United States in closer prox- imity with thepeoples of Eastern Asta ana Europe than will aay otner route, and contribute largely to our commerce and national prosperity. The City. Reddy the Blacksmith was tried in Judge Hack- ett’s court yesterday and acquitted. Lawrence Grabam testified to the facts as he has previously detailed them. The Recorder in charging the jury said if a doubt of the prisoner's guilt remained he must be discharged, no matter what his character was; and District Attorney Hutchings said that Gra- bam had pot testified as atrongly as it was thought he would, Horace Greeley is satd to have occepted the repub- lican nomination for State Comptroller. Governor Hoffman made a speech at the banquet given to him after the review of the Second division of the National Guard in the Prospect Park Fair Ground on Thursday, in which he stated that he would see to it that a parade ground was laid out in the Central Park in this city. The Euterpe hag not yet sailed for Havana, and it is believed that she was waiting for the Spanish man-of-war Herman Cortes, which arrived at this port yesterday, to escort her. The United States steamer Frolic left this port suddenly on Thursday night for Havana, and the Dictator left yesterday. The distillery of Joseph Seckles, on the corner of First avenue and 106th street, was destroyed by fire on Thursday night. The loss is estimated at (rom $100,000 to $120,000, The stock market yesteraay was firm, but dull. Gold was heavy and declined to 130%. Prominent Arrivals in the City. Captain Sarony, of the British Army, and Lieu- tenant George W. De Long, of the United States Navy, are at the Brevoort House, Colonel B. C. Butler, of Luzerne, is at the West- moreland Hotel. Judge Jewett, of Uhio; Nathan Paige and Colonel W. 0. Sydney, of Washington, and J. H. McCul- lough, of Pittsburg, are at the St, Nicholas Hotel. Rustam Bey, of Turkey; Commander R. B. Lowry, of the United States Navy; Colonel H. 8, McComb, of Delaware; Colonel Thomas A. Scott, of Philadelphia; George Peabody Russell, of Salem, Mass., and R. H. Pruyn, of Albany, are at the Fifth Avenue Hotel. Ex-Postmaster General A. W. Randall, of Wash- ington; J. Cornell, of Utica, and J. R. Hunt, of Boston, are at the Astor House. Surgeon General Barnes, of the United States Army; JohngB. Parker, of Philadeipnia; Alexander Paterson, of Belfast, Ireland; J. Edgell, of Lon- don, and S. D, Caldwell, of Buftalo, are at the Hott. man House, Sefor A. Rodrigues, of Cuba; Professor Williams, of Cambridge, and Dr. E. R. Nelson, of Toronto, are at the St, Charles Hotel. Prominent Departures. Judge R. B. Carpenter, for Boston; General Trumpborne, for Albany; A. Van Vechten, for Albany; Judge Parker and J. V. L. Pruyn, for Albany; Colonel F, E. Howe, for Washington, and D. M. Boyd, for Westchester. Count Faverney, Chargé a'Affatres of France, and the Countess Faverney leave for Washington to-day. Onr National Debt—The Reported Offer of the Rothschilds, A report comes through a Washington tele- gram that the Rothschilds are about to offer a loan to our government to any amount it may desire at four per cent interest, and that M. Friguet, an agent of these great capitalists, will arrive shortly to make the proposition. It is further said that this proposed action on the part of the Rothschilds has been prompted by the discovery that certain German capital- ists were contemplating a similar proposition, Now, we do not know what truth there may be in this report. It may only be a bull operation on the part of those holding largely United States securities for the purpose of sending up the prices in the markets; and if we con- sider that the Rothschilds would not be likely to make known in advance any great financial operation of this sort, such would be a reason- able view of the character and object of the telegram. Still it is not improbable that either the Rothschilds or the German capital- ists alluded to, or both, may contemplate such a grand financial movement. In Germany United States securities are, to use a homely simile, seized as hot cakes are by the hungry. Every one who has a little money is investing in them, The securities of no nation are looked upon with as much favor. The people generally, as well as the capital- ists, are buying them. It would not be sur- prising, then, if the heavy financial men of Germany are contemplating the offer of a large loan at four per cent interest. Nor would it be strange if the Rothschilds have the same object in view; for there is such a plethora of capital at the great moneyed centres of Europe, and consequently in the hands of that rich house, that two or three per cent is all that can be obtained on good security there, Ia the Greatest centre of capital, London, money is only worth from one and a half to two per cent. Such capitalists as the Rothschilds know very well that a loan at four per cent in @ consolidated stock of this great and wealthy country would meet with ready sale. Though Europeans, and the English particularly, are cautious in making investments in the securi- ties of foreign countries, and prefer those at home, they do not lose the opportunity of get- ting one or two per cent more for their money when the credit is undoubted and the invest- ment permanent. Heretofore there has been a great want of knowledge in Europe about this country and its resources, and a feeling of uncertainty as to how our national debt would be managed or paid, But within the last year or two @ great deal of light has been diffused through the press, the mag- netic telegraph and the myriads of letters that are sent from people in this country to their friends abroad. They begin to understand in Europe the boundless wealth of the United States and the mighty future before us, They have seen the strength of the government and patriotism of the people under the ordeal of a terrible civil war that would have shattered to pieces any other nation, They have witnessed sean, the extraordinary spectacle of millions of armed men promptly laying down their arms and returning to their peaceful occupations as soon as the object of the war was accom- plished, They have seen a country, after hav- ing been torn to pieces and the fairest portions of it made desolate by a conflict of which mod- ern history gives no parallel, quickly restored to order, the people returning to their indus- trial pursuits, as if nothing had happened, with renewed energy, and our resources multiply- ing as if there had been no war or its conse- quences were forgotten. The recuperative power, good sense and patriotism of the re- public have astonished them. To sum up the whole, the people of Europe have learned that in America we have with republican freedom both the strongest government and the greatest wealth of any nation on the globe. Then, again, the enormous income of the Treasury, at the rate of a hundred millions or so a year over and above the expenditures, shows that the debt is a mere bagatelle, and will be surely paid. Such a temporary disturbance in the gold and stock market as.we had lately amounts to nothing, when we look at the wealth, prosperity and future of the country. We perceive, then, the causes that are operat- ing to inspire confidence abroad in American securities, Looking at the matter in every point of view, therefore, it is evident we are paying much too high an interest on the debt, and much higher than we need pay if our finances be properly managed. Such a high interest is disastrous every way. It not only imposes a very heavy and an unnecessary burden upon the taxpay- ers, but it absorbs the active capital of the country to a great extent, paralyzes enterprise and checks progress ; for people will not trouble themselves about other investments while they can get on United States bonds six per cent in gold or eight per cent in currency, and that without their investments being taxed, The value of the bondholders’ property is out of all proportion to that of other property. A loaa in long consols, or consols without date of redemption, could be made, we have no doubt, at four per cent, and perhaps at less—say at three sixty-five, or at a cent a day on the dollar. The whole debt could be simplified and put in this form. The consolidation would not prevent the redemption of the debt and its final extinction. The government could have a sinking fund and go into the market with its surplus income to buy up the consols at any time. Forty millions a year or more could be saved in interest and to the taxpayers, for we do not think much premium or any need be paid in the transformation of the debt if proper laws be passed for that purpose and our finances be properly managed. It would be better for the country, undoubtedly, if. we had aggregated capital enough to take up such a loan here and to hold the debt at home, for then the interest would be diffused among our own people and would not leave the United States. But this is not practicable at present; money is too valuable for other purposes; and then a large portion of the debt is held already abroad. Under all the circumstances the best thing to do would be to accept a loan covering the whole or a great portion of the debt at the low rate of interest mentioned, if such a loan be offered ; or if not, to consolidate the debt here upon the same basis. Have we the statesmen at Washington to comprehend this great sub- ject and to put the national finances on a solid foundation? That is the question. A Day oF NationaAL THANKSGIVING.— President Grant has issued a proclamation, which we publish this morning, naming Thursday, the 18th of November, as a day of national thanksgiving, and recommending its proper observance as such by prayer, the expression of gratitude to Almighty God, and a general resort to the churches. The Presi- dent enumerates the many causes which exist for this pious manifestation on the part of the people, exhibiting the grand development of the country, and the official document is, on the whole, couched in words betokening a very deep-seated religious conviction, with great aptitude in the acquisition and use of hierarchical verbiage on the part of the Executive. We Don’t Kwnow.—After reading the despatch in yesterday's Hxeratp from San Francisco, that Archbishop Almy had left that city to attend the Ecumenical Council, and that he carries with him a California gold snuffbox, filled with gold coin, as a present to the Pope, one of our readers desires us to tell him what are the dimensions of said snuffbox and the sum of gold it contains. We don’t know; but we incline to the opinion that it will hold snuff enough to give every member of the Grand Council a pinch and two pinches for the Holy Father, and that the gold coin therein will be sufficient to keep the box full of the finest quality of snuff while the Council con- tinues ite meetings, even with a pinch to every thember and two for his Holiness every morn- ing for a year and a day. Tog Exp or tHe Case or Reppy THE Bracksmira—He has been acquitted for want of evidence to convict him, There has been too much fuss made over him in certain newspapers and too much flummery. All the efforts made, however, to raise Reddy the Blacksmith to the dignity of a first class rogue or ruffian have signally failed, as have all attempts to frighten judge and jury into his conviction, by proclaiming Reddy the head of 4 political gang of roughs who must be obeyed. The case is very simple. There was no evi- dence upon which to convict the prisoner, whatever he may be, and he is therefore dis- charged, “Tue Country 18 tn DANogn.”—The effect in the Spanish revolution of suspending the constitutional guarantees for personal liberty is analogous to that produced in the French revolution by the declaration that the country was in danger, Inan American or English movement the same point would be indicated by a proclamation of martial law. The Span- ish oligarchy, therefore, admits that it has to fight the Spanish people. Is the Bank of England and the Bank of France alike there is noted a decrease of bul- lion, One reason is that it drifts this way; for the European houses that do a large bank- ing business here cannot afford to be at the mercy of the fellows who rule in Wall atreet, They must have ia haud gold that cannot be locked up. Death of Ex-President Pierce. We have the intelligence of the death, at Concord, N. H., yesterday morning, of ex-President Franklin Pierce, in the aixty- fifth year of his age. His name fills an im- portant chapter in the political history of the United States. We give elsewhere in these columns 4 sketch of his character and his public career; but his administration of the general government forma so conspicuous a landmark in the transition of the country from the old order of things under African slavery to the new order of things under universal liberty and equal rights, that we cannot forego the occasion for some. additional observations thereon. In 1852, in the Democratic National Conven- tion at Baltimore, after it had been. balloting for nearly a week for a Presldential candidate, and upon finding that there was no chance ofa two-thirds vote for Cass, Buchanan, Marcy, Douglas, Dickinson, Houston, Lane, or any other man of the exhausted list before the Con- vention, the name of Franklin Pierce was intro- duced, and it carried off the prize. He was nominated on the platform of Henry Clay’s compromise measures of 1850 on the slavery question, including @ continuance of the Missouri compromise of 1820. The whig party set up General Scott as its candidate on the same platform. The results were the over- whelming election of Pierce and the annihila- tion of the whig party. The Northern whig anti-slavery elements were disgusted with their pro-slavery platform, and the Southern whig conservatives distrusted the anti-slavery Northern whig leader, W. H. Seward; and so between these two stools the whig party fell to the ground, never to rise again. The pro-slavery Southern democratic oligarchy hailed the result as a license for the extinction of the Northern abolitionists and their heresies, and President Pierce became their compliant instrument. In the hands of such dictatorial Southern leaders as Mason and Slidell in thc Senate and Jeff Davis in the Cabinet President Pierdé wis ad clay fa the hands of the potter. He became a willing colaborer in the repeal of the Missouri Com- promise, in that disastrous Kansas-Nebraska bill of 1854, which opened the territory north of the Missouri free line of 36 30 to the introduction of slavery. Then followed the bloody struggle between slavery men and anti- slavery men for the possession of Kansas, and this was the overture to the great rebellion. From the rains of the old whig party and from the freesoil elements of the democratic party the new republican party arose and rapidly came into power. With its success in Lincoln's election in 1860 South Carolina opened the ball of secession, and we need not here repeat the consequences. The administration of Franklin Pierce, then, stands on the dividing line between the old and the new order of things—between the reign of slavery and the new régime of liberty. He might have extended the reign of slavery for ten or twenty years longer, but it was not so ordained. As the instrument of the Southern oligarchy, his policy was disastrous to the South and to the democratic party; but let us be content with the conclusion that it was all for the best, He not only believed in the democratic party, but his faith was strong in the rights and the power of the Southern slavery oligarchy, His politi- cal vision was limited. He saw not the tro- mendous revolution he was invoking, and he probably died under the firm conviction that there can be no peace until we are all restored to ‘the Union as it was.” He belonged to a past age. His administration was a great mis- take, looking to the interests of slavery; yet we may justly say of him that he aimed to do right asa public servant, and that in all the relations of a private citizen he leaves behind him a name that will be gratefully remem- bered, Modern Progress in Mexico. On the 15th of the past month the fifth Con- gress of the Mexican Union assembled in the city of Mexico. President Juarez, accom- panied by the members of his cabinet, pre- sented himself and was received with the customary honors. The address of his Excel- lency to the deputies, together with the reply of the Speaker of the House, give great satis- faction; and if their declarations of intentions will be the precursors of acts destined to pro- mote the interest of the republic the inaugura- tion of the fifth Congress may prove one of the most remarkable epochs in the history of the country, However, so many promises have been made and so numerous have the declara- tions of Mexican statesmen been, that until acts supporting asseverations make evident the truthfulness, sincerity and patriotism of those in power, all such declarations must be taken with a large degree of caution, Ina country so long the prey of Internal disorders ; where political leaders believed in the arbitration of the sword rather than the quiet counsel of the forum; where brigands have defied law, outraged order and ridiculed the ministers of justice; where life was com- paratively unsafe and property irresolutely protected; where the influence of the Church in numerous instances embarrassed the advancement of the States; with financial embarrassments, European interference, intes- tine quarrels and commercial stagnation— with all these evils exerting their influence it is not to be wondered at that this rich and luxuriant nation should have suffered from such baneful influences. But in this age of progress, when the printing press, telegraphs and railroads are accomplishing such human- izing results, it would be hard indeed to think that Mexico, possessed as the country is of such immense resources and #80 many natural advantages, would remain be- hind in the march of advancement. Every new railroad laid down, every line of telegraph erected and every newspaper established within the confines of the republic must, in the natural course of events, prove a power- ful antidote against all the evils enumerated and secure an era of progress heretofore unknown in the career of the country. The opening of the new railroad from Puebla to Vera Cruz is an event of mach importance and one that will prove fruitful of good results, Commerce will be stimulated, enterprise cher- ished, safoty guaranteed, and the numerous advantages that are everywhere to be wit- nessed in countries where the modern agents of civilization, the telegraph, the newspaper i and the railroad, have performed their task, (i hE BAB SRI CE BALE IS EA RII LL a AE OE ANC SG LED ERIS ED IPOL EDL Ss AIEEE EO Re EE SES EEE AER TOE EET PT EA cae LN BEES SE TELE GE ESS Ee i SB NEW YORK HERALD, SATURDAY, OCTOBER 9, 1869.—TRIPLE SHEET. ne UETnnnnnmmrnnnrmnmnen comme ann eal will soon be brought into active operation. The treaty of commerce betweon Mexico and the North German Confederation is also an advantage of no mean importance, and one that will shortly be followed by others, which will largely contribute to dissipate the unpleasant feelings with which our next-door neighbor has been regarded at the other side of the Atlantic. It is an opening wedge which, it is to be ‘hoped, will gradually work an alteration from the old order of things in Mexico, beneficial to the people, advantageous to the nation and establishing a reign of political as well as com- mercial prosperity. The Late Terrible Storm Along of Fundy. The late heavy equinoctial—ao far as known the heaviest along the Atlantic coast, from Virginia northward, in its rainfall, of all the storms of the nineteenth century—appears to have been far more disastrous to property, including live stock, in the British provinces of New Brunswick and Nova Scotia than at any point within the United States. Around Sackville, N. B., among the damages reported from the tremendous tide driven up the Bay of Fundy, are the destruction of bridges, wharves, dikes, railways, telegraphs, ships, houses and barng, the sweeping away of thousands of tons of hay and the drowning of thousands of cat- tle. These losses will doubtless involve much suffering’in the inundated districts; and the worst of the losses have yet, perhaps, to come, for it is hardly to be supposed that in this sweeping tidal wave no men, women or children were drowned. It is remarked that this was the storm pre- dicted by Lieutenant Saxby, of the Royal Navy, last December. If so, we have another evidence of the value of the late discoveries of science touching the laws and seasons of these great storms. With a proper telegraph system of warnings and signals we know that New Brunswick and Nova Scotia, even from New York, might have had twenty-four hours fiotloe of this equinoctial, for it reached its elimax here on Sunday night, and at Sack- ville, k B., B Winds sigh Here We see, then, that with a proper system of storm sig- nals millions of property along the Atlantic coast might have been saved from the destruc- tive consequences of this late equinoctial. the Bay The Peace of Europe=Ramors and Con- tradictions. It is dificult to conceive of any situation more complicated and uncertain than that of Europe at the present moment, If we listen to rumors from one quarter, they are hopeful and assuring. If we listen to rumors from another quarter, they inspire alarm. If we look at facts, they are anything but encourag- ing. Lord Clarendon tells us that the peace of Europe has not in three years been so secure as itis atthe present moment. Peace assur- ances have been repeated in royal addresses at Dresden, at Berlin, at Copenhagen. So far so good for the North, although the King of Denmark Is not yet satisfied with the action of the Prussian government in the matter of Schleswig-Holstein. The feeling between Austria and Prussia is evidently more cordial, as is proved by the visit of the Crown Prince to the court of Francis Joseph. The trouble lies in France, in Spain and in the East, The situation in France is more serious than some of Napoleon's friends are willing to believe. When a second coup d'état is loudly spoken of things cannot be right. The ‘‘reds” meditate a sort of demonstration that may prove dis- astrous to themselves, although it is not impossible that it may give Napoleon trouble. Outsiders can see no good reason why Gam- betta, and some other new men who live by excitement and float on the breath of popular favor, cannot wait until the day which the Emperor and his ministers have deemed most convenient for the assembling of the Deputies, It is their intention to steal a march upon Napoleon; but it will not be wonderful if Napoleon should steal a march upon them. On that fine morning, the 26th of October, when they intend to make a special display of their patriotism, it would not be wonderful if the police were first on the field. The 26th of October would in that case become as famous as the 2d of December. A little sensation is just now needed in France, and the Emperor is just as qualified to make it as the Deputies, We shall wait for the day with not a little interest. A general Continental disarmament has been spoken of, but a leading London journal, which we quote to-day, appears to think that such a step cannot be taken just at present. In Spain all our worst fears are being realized. The situation is bad. Insur- rection has become so general that the government has found it necessary to ask the Cortes to suspend what here and in Great Britain we should call the writ of habeas corpus, but which in Spain, now at least, is called the constitutional guarantees. We put the matter plainly when we say that Spain is under martial law—a state of things of which Spain has had large experience. We dare not say less, we care not to say more, than that the present government of Spain has been found sadly wanting. Serrano has scarcely honored himself and Prim has lost all his chances. In the East adark cloud has arisen. The Sultan and the Viceroy caunot agree, The great Powers, according to a late report, have mediated in vain. Open war between Turkey and Egypt would lead to rebellion to @ dead certainty in other parts of the Sultan’s dominions, The principalities are ripe for revolt, It is not easy to think that the visit of Prince Charles at the Tuileries is without importance. As we have said, the whole situation fs peculiar and rather threatening. A general rising in Spain will encourage the rebel element in Franco, France again in revolution will shake Europe, A simultaneous rising in the East will create many oppor- tunities and beget some disasters. Important Caprurgs—The captures at Coney Island and the safe housing in jail in Philadelphia of the conspirators involved in the attempted assassination in Philadelphia of the internal revenue officer Brooks while engaged in the line of his duty in ferreting out whiskey frauds, The trial of these men, It is believed, will result in very important dis- closures touching the machinery and the modus operandi of the Philadelphia whiskey ring, and will prove a wholesome check upon all that clags of whiskey, desperadoes evory- where in their desperate came of murder, “I,” said Mr. Fisk, with the self-complaceacy that seems to distinguish the man in all rela~ tions, ‘I am a speculator.” That is to aay, if General Grant was in this gold uproar it was no doubt monstrously corrupt of him; if Mr. Boutwell was in it he is the grandest of swindlers; if Mr. Corbin was in it judge him guilty of a piece of roguery; but if I, Fisk, was in it, well, ‘Iam a speculator.” Grant, Boutwell, Corbin—all these people have souls to save, perhaps; nay, what is of greater consequence, they have characters to lose; but I, being a speculator, am in quite another category, and my actions mast be judged by other standards and codes of morals and ethics, Here is the trouble with Wall street. Here is the cause that has made its name synonymous with keen and unscrupulous roguery, and so fixed its fame that par- sons in their pulpits deom it a legiti- mate subject for sermonizing to discuss whether or no there are any honest men in its limits. Tn the midst of its legitimate dealers, so con- founded with them that the world at large cannot see the difference, are men who openly and without any perception of shame pretend that the universal ideas of right and wrong do not apply to their transactions, that they do not stand on the fair ground of trade that dealers stand on the world over, but that it is properly within thelr sphere to profit by sharp practice on other people’s pockets, We have frequently touched upon the same sort of morality in the case of a notorious exhibitor of monstrosities. If a man possesses calf with double the usual allowance of head he may put himself in a booth at the cross- roads and people may pay him their two centa fora glimpse at what nature can do or what may happeu by some accidental perversion of her laws; and all that may be an honest transaction, though it add but little to the dignity of the exhibitor. it prove that, in fact, there was no vagary of nature—that the second head was a con- trivance of the showman—then he Is only a ‘ s a dle he chésp and common swindler, to be consigned to that place in public estimation that is the nearest equivalent to a horse pond. But does it change the relations of this man to society for him to boast of his roguery? Can he defend his swindle on the ground that he is a speculator? Does his holding up his rogueries as if they were triumphs make them anything but rogueries ? It would almost seem as if it did in Wall street—as if the atmosphere there were such that a sharp transaction appeared to all others just as it did to the sharper. But here is Robert Macaire on the stage. He twitches a handkerchief from the pocket of a passer-by and holds ft up, glorying in the art with which he has taken it; but any boy in the pit will call his art stealing. When the showman disposed of his museum property he practised a sharp game in regard to his leases that straightforward people in most places would say was not honest, but he gloats over that as Robert Macaire does over the spoil he has taken. But that does not change the cha- racter of the transaction. Wall street may be sure that it is just the same with the transactions it permita and accepts, Calling a thing ‘‘a speculation” may not make it any the less a piece of roguery; and if the financial Barnums that now flourish in that latitude are to give the tone; if the geniuses who get up an excitement to-day with a woolly horse in stocks, and to-morrow with a Feejee mermaid in gold, are to pass without some open and clear reprobation from fair traders, the whole body must take the odium, “Unote Tom” in Spain.—The abolitionist societies of England and France have addressed the Regent Serrano, in Madrid, on the subject of “human slavery” and abolitionism in Cuba, Poor Serrano! The Cubans in arms are bad enough, but what will he do when the foreign abolitionists are added? Try Him on a Copy.—Stealing papers appears to be one part of the practice of des- perate lawyers, but we shall perhaps soon hear the last of it, as a United States judge has just decided in a case where the indict- ment had been stolen that the prisoner could be tried on a copy of the paper, War near home may teach Spain what the Spanish soldiers have been doing in Cuba. THE EAST RiVER MARKET. Completion of a Much Needed Innovation A Market for Mackerelville. The East River Market at the foot of Sixteenth street is finished, and the formal notification of the fact will in a few days be made to Comptroller Gon- nolly by the commissioners, Messrs. Edward Moore, Forbes, Holland and William Hau, Jr. Work on the building ceased one week ago, and nothing remaing to be done but to take down the wooden sheeting on the exterior of the windows, which was put up to prevent the glass from being broken. This mar. ket, though not so central as it might be, neverthe. less supplies 8 want long felt in the eastern section of the Eighteenth ward; aud, as population and im- rovements are making rapid strides in the neigh. orhood, the utility and convenience of this struc ture for public accommodation will grow in appre- <ifhe bulldluy was Hegua tn the spring of inst ar, and simaltanéously the work of extending, dling up and grading the pier at the foot of irteonte ret ‘was pushed forward, the result being that the arket, 43 it now stands, has a splendid area all around it for shipping mmodation. ‘The market 18 347 feet long, 164 feet wide and thirty-five feet from the floor to the centre light of the roof above, which 14 @ Ventilator seven feet high, extending from end to end, It 1s built of brownish red brick, Tectanguler 'n form, and has no architecturat fea+ tures of much prominence. As @ market, however, it will answer ita purpose admirably, bet roomy, lightsome and excellently ventilated. The front, on avenue D, has nine capacious entrances, with four large Windows above them In the centre, and one at either side. There are thirty-two entrances alto. gether, each ono being wide enough for a View to pass through. There will be elgnt rows of da, ‘with thirteen in each row, and ample Ley! to spare for passageways besides. ' The river end of the build» ing will be appropriated to a wholesale market for fish, oysters, clams, and large and small fputchers? beef. The roof ts supported by two rows of cylin- past fron columns of light and graceful propor- jons. ‘The pier at the north side 13 about forty feet wide, aud when completed will make the finest place om either river for unloading produce. Washi 0, Spring and Fulton, which are all riverside markets, have no such splendid convenience of Spyroece, by water; and itis hardly necessary to say that th are tmmeasurably behind in every other resi Such structures as this at the foot of Sixteenth street exactly fulfil the design for which they are erected, but who will say that the flthy monstrosity called, after the political patron saint of America, Washing- ton Market, in any Way meets the purpose pg 0 8 ee oy convenience? The same of Fulton Market, wi even a still bowed disgrace, by reason of ita gion on @ ig hfare through which so many thousands pass datiy. The proximity of. the East River Market to the water, and the perfect facility with which vessels can approach and leave the pier immediately im front ie it, i an advantage which cannot be too bighly estimated. The example which it presents for imitation in other bid of the city will im time make itself felt, for this market, when fairiy under way, will draw towards it all the up towa atronage which 1s now given to Falton Wash. fgeon markets, When deciared open by the Oomp- troller the different stands will be quickly ren and that side of the oity will be vastly benelt from this source. The builder is Charles Vandor- voort, and Isaac Hawking the name of the man whq executed the Wooden WOK. But if _

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