The New York Herald Newspaper, October 11, 1869, Page 6

NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR. AU business or news letter and telegraphic despatches must be addressed New York Henavp. Rejected communications will not be re- turned. Letters and packages should ba properly BOOTH'S THEATRE, 23st, between Sih and sib are— Grau. OLrMric New Youn. FIFTH AVENCUK THEATRE, Fifa avenue and Tweaty fourth street. —Twenrra Niowr. THEATRE, Broadway.—Tus Stresrs oF GARDEN, Broad RULN, NIBLO'S ray Tue Ratwoar woon's, Thirtioth at FORMOSAS OR, Broadway, corner every evening. M CURIOSITIE: iy, Performan: Broadway aad Uk street. — WALLACK'S THEAT! An Unequar Marcu. BOWERY PUBATRE, Bowery,—Roo KWOOD—PIRATE OF wur Isins, GRAND OPERA $a treet. —Tak Ts HOUSS, corner of Highit avenue and MPR: FRENCH TH BKABON—SAM. SATRE, Uth at. and dth av.—-Comepy ’ STEINWAY HALL, Fourteenth street.—Partt Con- orn. THE TAMMANY, Fourteenth stroet.—IxionTor; ox, PH Rew ETVOUS. MRS. F. B. CONWAY'S PARK THEATRE, Rrooklyn,— Foawosa; On, Tuk RAILBOAD TO urn. TONY PASTOR'S OPERA HOUSER, 201 Bowery.—Comio Vooatiom, NEGRO MINSTRELSY, 4c. THEATRE COMIQUE, 614 Broadway.—Comro Vooat- sy, NEGRO Avs, 4. BRYANTS' OPERA HO! .—BRYANIS’ MINSTRELS. Tammany Building, 1ib ARO ECORNTRICITIES, &0. SAN FRANCISCO MINSTRELS, 585 Broa iway.--Erato- PLAN MINSIRELSY, NRGRO AoTS, &e. NEW YORK ©: ‘any Gran. *. EQUPSTRIAN AMERICAN INSTITUTE GRAND EXHIBITION, Empire Skating Rink, Sd av. and 634 at, Open day and evening. HOOLEY'S OPERA HOUSE, Brooklyn.-Par Mo Bo—Boat Raoz, ac, ey MUSHUM OF ANATOMY, 613 Broadway. — \ y BOUNOK AND Agr LADIES’ NEW YORK MUSEUM OF ANATOMY, 690 Broadway. —! «tau Y Uy ATTENDA TRIPLE SHEET. Now York, Mouday, October 11, 1869. HE NEWs. Enrope. Cadlo telegrams are dated October 10, Tho Emperor of Avstrta will meet tue Empress of France in Constantinople, and proceed with her Majesty and the Sultan of Turkey to Suez, to attend the opening of the canal. The French, Austrian and Tarkish Meets will accompany them. Our special European correspondence, pubbshed to-day, supplies a very valuable and most interest- ing review o/ the condition and actual situation of Stsin—governmental, political and social—existing tu the Old Worid on the 28th of Sepiember. Cabana, ‘The trial of the oMicers and crew of the Cuban pri- vatesr, w. commences at Wilmington, N. C,, to-day, tt is belisved by government oficials, will Fesull in tueir conviction and te confiscation of thetr vessel, The case 1s regarded by the Cabinet asa clear one against the Hornet, and this view is concurred ta by the best lawyers in Washington. ‘The conduce of Captain Higgins ts a mystery to the Cubans, wuo say he had no reason for putting into Wilmington; his orders from the Junta were to seek Cubs waters without delay, and ample pro- vision had been made to supply him with coal on She voyage. A precedent for the commander of the Privateer ts found in tue case of Captain & of the Sumter, who, before the vellig oy of the by Spain, Southern 3 had been acka entered the port of Clenfaegoa, Caba, with his yes- el and prrzo3, whers he was received with great consider by the authorities and allowed to coal aud rout hout interruption, MisceLaueous, Genera! iazen denies the report that the charges oa the Cu eitie! ands in Kansas @re groundiess and manufactured in the interest of the rail compauies, He says that when sent into Sov stern Kansas with troops to quell the Qisturbances he found all the charges true, that the seitiers had broken up several engineering parties, estroyed their instrumeuis and threatened to hang the engineers. He also says that these outrages of the setilers greatly retard the prosperity of the country. The taikod-of dnel between © el Boyd, of the Pennsylvania cavalry, and the r eneral Mosby is not likely to take place, Boyd evincing no aisposi- tion to accommodate his opponent. Mosby, In a Sharp, DOMMtakadie note, repeats his challenge to @eadiy combat, aud asks Boyd, “Will you fight? The island of § homas was visited by another @arthquake on the 17th of September, in severity exceeding ail others since the great earthquake of 1867, The city of St. Thomas was shaken to its foundations, materially injuring many of the most Substantial pulldings. Commiasioner Delano was called upon yesterday Dy several parties interested in the recent seizure of whiskey in San Francisco, who say the require- ‘ents of the revenue law have been fully complied ‘With and ask an early investigation of their case. ‘The value of liquor seized 1s over $1,000,000, and the DMcers say it contains other mgredients besides that found in pure whiskey, and ia therefore fraudu- lent and liable to seizure, = A large meeting of Mormona was held at the Tavernacie in Balt Lake City on Saturday, at which @ memorial to Congress was adopted asking to be ‘admitted into the Union as a State, Utah now claims ® population of 150,000, ‘The French ship Maiabar has been seized at Cape Mendocino, Caitfornia, for violation of the revenue laws. A building used for storing nitro glycerine, at Hooste Tunnel, Mass., was blowa up on Saturday miorning, king three men. The City. General Butier, while in this city on Saturday, warmly defended both President Grant and Secre- tary Boutwell from all charges of complicity witn (we late gold panic, He says the slander ts a sharp Political move, set on foot by the democracy in order to aifeot the approaching elections, He thinks Congress cannot pass any direct law that would Prevent gambling in gold. The only way to effect this object would be to make greenbacks the atand- ard of vaiuea and goid an article of merohandino, which could be done if government would accept its own paper tn partial payment of Custom House revenues, In respect to the memory of ex-President Plerce orders have been tasucd from the depariments at Washington that ali business at the government oMioes tn this city be suspended during to-day. The Custom House and Suab-Treasury”will be clowed, and fo otter departments only such business will be transacted as 1s absolutely necessary, Salutes and #equiem guns will be fired from the forts in the bar- bor and from the Brooklyn Navy’Yara, The anniversary of the proclamation of the repun- lic 6f Cuba will be duly commemorated by the Junta | to-day. A meetingsof the friends of Cuban inde- ‘Pendonce wili be held this evening at the Vooper Inatitate. 4 “| a year, the reduction we have been making Streets, committed suicide yesterday moruing by Banging himself to the fauoet of a liquor Cadk. Prominont Arrivals in the City. Colonel Jerome Davis and Judge 3. D. Thompson, “of San Francisco; Dr7J. Stamford, of Cleveland; J. Gould, of Cincinnati; Colonel I. 5. Fitch, of Knox- Ville, and Captain Norton, of the Usited States Army, are at the Metropolitan Tovel. Captain E. E. Snow, of New Orleans, and Professor Le Mar Ayres, of Elmira, are at the St. Charles Hotel. Augustus Wattenbach, of London, and Robert H. Ives, of Providence, are at the Brevoort House, Governor 4. B. Page, of Vermont; Judge George Goldthwaite, of Alabawa; Bishop Green, of Missia- sippi; E. Cornell, of Ithaca; Krastua Corning, of Albany, and it. B. Carpenter, of South Carolina, are at the St. Nichoiaa Hotel, Judge Lochrane, of Georgla; J. Loeb, French Con- sui to Wilmington, Del.; General D. 3, Walker, of Washington; Captain J, J, Lawrance, of London; Joun Cook, of Eugland, and John M. Goodwin, of Washtagtou, are at the Fifth Avenue Hotel. Paymasicr 8, T, Browne, of the United States Navy; General C. W. Tompkina, of Rhode fsland, and John 8. Wise, of Richmond, Va., are at the Hofman House. General Thomas Ewing, of Washington; Congress- man Jonn Lynch, of Maine; H. W. Gray, of Phila- delphia, and James Ingalls, of Lynn, Mass., are at the Astor House, Charles L. Colt, of Bumalo; EB. Gest, of Cincinnati, and George Peabody Whitmore, of Newport, are at the Glenbam Hotel. Prominent Departures. Colonel A, Palmer, for Baltimore; Dr. M. BE. Rua- sell, for New Orleans; Major T. M, Clancey, for Washington, and Colonel Thomas Morgan, for Balti- more. Eloctions—sSecretary wells Philadelphia Speech. The Secretary of the Treasury, on the national fiaances, as the guest of the Loyal League of Philadelphia, made in that city an earnest appeal to the people of Pennsylvania on Saturday evening last in behalf of tho adminisiration and the republican party. From the speech itself, published in full in yesterday's HERALD, our readers have doubt- less formed their own opinions of its merits, But why the Secretary of the Treasury, after the late dangerous antics of the bull ring in Wall street, should leave his official duties at Washington to take the stumpin Pennsylvania may need a word or two of explanation. ‘The regular State elections of Pennsylvania, Ohio, Indiana, Iowa and Nebraska come off to-morrow. The general impression seems to be that as the vote will doubtless be short in all these elections, the democrats will carry Indiana; that the republicans are sure of Towa and Nebraska; but that while the issue in Pennsylvania is very doubtful, there isa chance for the democracy even in Ohio. No national importance is attached to the contest in any of these States, excepting Pennsylvania and Ohio, and the main object in these two with the democracy is a foothold against Grant's administration, which will give them a foothold for the next National Democratic Con- vention. If they defeat Geary and elect Packer as Governor of Pennsylvania, Packer will be kept in the foreground as ‘ Penn- sylvania’s favorite son” for the succession; and if in Ohio they elect Pendleton over Governor Hayes, Pendleton, as the Presiden- tial champion of the Western democracy, will be apt to prove too strong in 1872 for the New York Tammany managers of the game. Heace there is something of a general inter- est felt among the politicians touching the results to-morrow in Pennsylvania and Ohio; and the chief interest attaches to Penngyl- vania, because the campaign has been more closely fought there than elsewhere on the merits of Grant's administration. On this broad issue the democrats have made their fight against Governor Geary, and if they defeat Lim they will claim the result as a ver- dict from Pennsylvania against Grant and hig national policy. Accordingly we may assnme that, with the consent of the President, Bout- well has put in his official oar for Geary. In fact, however, this election is purely a local one, and as in allsuch elections a large body of the voters remain at home, so we expect in this case the result touching the administra- tion, whether yea or nay, will practically signify nothing. But what says Secretary Boutwell? He says that one question before the Pennsyl- vanians is, whether the Chief Magistrate shall be endorsed by the people whom he has served so well? And that another question is, whether our national obligations, chiefly pecuniary, shall be faithfully met? and this in the affirmative was the text of his discourse. He says that the debt is two thousand four hundred and fifty millions of dollars, of which sum twenty-one hundred millions bear inter- est; that considering our resources, this debt is lighter than that which Jefferson had to meet; that ifthe debt of 1865 had remained untouched it would have been now not less than three thousand two hundred mil- lions, in addition to three hundred and fifty-six millions of the national currency ; hat if in these four years, exhausted as we were by war, we have reduced the debt to the extent of twenty-five or thirty-three per cent, the rest is very easy; that a hundred millions The October Boat under Grant, will extinguish the debt in four- teen years; that fifty millions a year will finish it in twenty-two years, and soon; and that in refunding the debt at four and a half per cent interest, instead of six, we sball save twenty-five millions a year, This he holds is the great point of the whole problem, and whether we shall be able to refund at an interest of four anda half per cent will, he NEW YORK HERALD, MONDAY, OU formly have the advantage on a short vote, they may carry Pennsylvania this year as they did in 1862 and 1867; but what will such victories signify? They will signify no more in reference to 1872 than did those delusive democratic victories of 1862 in reference to the Presidential issue of 1864; or they will be no more a guide in reference to the Presiden- tial succeasion than were those local elections which went by default for the democrats, in 1867, In calling Boutwoll to their assistance it is evidontthat the Pennsylvania republicans feel shaky, and the democrats in their standard bearer, Packer, said to be worth twenty mil- lions in greenbacks, have a powerful candi- date. Geary has glory on hia side, but Packer has the money; and ina merely local election it is tho money that brings out the distant votes, The argument of the Secretary of the Treasury, in any event, will not amount to much in determining this election or its conse- quences. He has only been gtraining a point for Geary, with tho admission that Geary is in danger of a defeal Our Railroads aud Telegraphs—The Power and Duty of Government, The opinion that the time is approaching when the government will have to take control of both the telegraph and railroad systems of the country is gaining ground. One United States Senator, at least, has publicly declared his conviction that it must be so. We refer to the speech of Mr, Carpenter at the State Fair in Wisconsin. The same opinion has been ex- pressed over and over again in our editorial columns. These two mighty agencies of modern civilization control to a great extent and are destined to control the industrial interests, all the communications and the interior commerce of the people, Under the control of private individuals or corporations the object is, of course, to squeeze as much as possible out of the public which is compelled to use the telegraph and railroads, This is self-evident and needs no argument to show it. There is hardly one of the great telegraph and railroad corporations that has not watered its stock and largely increased it over tho capital originally invested and the cost of its works, The stock at present, in some cases, is three times the amount of the cost. Where only ten millions of dollars have been actually expended the stock is thirty millions. And it is upon this inflated stock that the telegraph or railroad lines are made to pay handsome dividends; consequently the people have to pay treble rates. No one objects to pay fair or even profitable rates on the capital actually invested, but this enormous tax on an inflated ora watered stock is a monstrous oppression of the public for the benefit of a few indi- viduals, The argument has been used that these corporations have a right to make as much out of their business, though it may be twenty, thirty, forty or more per cent on the money they have expended, as people have in any other kind of business. But it is not so, Indi- viduals trading with each other or with merthants can make their own bargains. People have no power over telegraph or rail- road corporations, They have to pay what- ever is demanded. However exorbitant the charges may be they have no alternative or redress. Then, nearly all the charters for these works are sought for of the Legislatures and obtained with a view to the public good. True, that is lost aight of, and only the private interests of the corporators and stockholders are cousidered afterwards; but this does not change the fact that the charters were obtained and granted on the pretence of serving the public. In very many cases, too, these works have beon constructed in part by the property of the people, as in the grants of public lands for that purpose. Besides, it is the duty of the government to protect the people where they cannot protect themselves and where the community at large are directiy and deeply interested. These great works, in which every man, woman and child is con- cerned, are placed beyond the limits of mere private business and become a matter for government control or supervision. As to the power of the general government over the telegraphs and railroads there can be no question. The third article, section eight, of the constitution of the United States says :—‘‘Congress shall have power to regu- late commerce among the several States.” There is no mistaking this language; and no one will have the hardihood to deny, we sup- pose, that the business carried on by the railroads and telegraphs from one State to another and throughout all the ramifications of the republic is commerce among the several States in the meaning of the constita- tion, If that be not we do not know what commerce is. It matters not whether freight or passengers be carried by ships and boats or by railroads from one State to another; it is commerce all the same, Nor is the transmission of messages by telograph among the several States for the transaction of business among them but a part of the com- merce of the country. Clearly Congross has the power to regulate commerce through these agencies just as much as to regulate it through our shipping or in any other way. But it has been said the exercise of this power over railroads and telegraphs would centralize the government too much, check private enterprise and endanger liberty. This does not follow necessarily. The contral of the Post Office has no such effect. Nor would the contends, depend very much upon the issue of these October elections in Pennsylvania and Ohio. The Secretary says, in short, “If by anuncertain vote in Pennsylvania and Ohio on Tuesday next (to-morrow) the faith of the country or the faith of Europe is shaken in | the disposition of the people of this country to | pay their debts, the extent of that change will be felt in the depreciation of your bonds, and in the fact that you are to continue for a longer time to pay six per cent interest,” instead of four and a half on the debt. Now we submit that while this, as an appeal for Grant’s administration, is very good, it is begging the question for Governor Geary. The Congress which will have to act upon this financial proposition is already in exist- ence, These October elections are purely local, and the people so understand | them. In. Pennsylvania, for instance, the popular vote to-morrow nobody expocts will come withig thirty thoysagd of tho Bs a y, | November or the October vote of last year, William Mitchell, a wealthy and well known liquor @oaler, rosiding at the corner of Prince and Wooster and it may fall fifty thousand short even of the } October vote. Next, aa the democrata uni- possession and absolute control of the tele- graphs by government be any more danger- ous. If the possession and same control over the railroads be deemed too great an under- taking and too difficult to manage by govern- ment there ia no reason they should not be under its supervision, and that a general law should not be passed regulating their business and tariff of charges. Looking at the magni- tude of the railroad and telegraph systems and their increasing power over all the industrial interests of the country, it is evident the time is not far off when either they must control the government or the government control them, The question is, what does the public good call for? To this there can be but one answer, Tho government has the power, as we have shown, to control both the telegrapha and railroads, and it will be dorolict in duty if ise that power, Ottve Logax,—The communication which appeared in the HzraLp yosterday, over tho signature of Olive Logan, the lady informs us, waa a forgery. owe TOBER 11, 1869.— ie" See The contost smong the politicians, the office-holders and office-seekera owing party allegiance to the Tammany Regency, is each day growing in proportion and strength. The long talked about and anxiously expected slate will be announced within the present week, when much of the individual conflict will terminate, and the struggle will from thenceforward be confined to the representa- tive men or candidates of the opposing parties. Tammany, with the policy and foresight which has marked its course since controlled by Peter Bismarck Sweeny, has been unusually reti- cent with regard to its nominations to the numerous offices within its gift. This secrecy arises, not only from the multiplicity of the offices, and the corresponding number of can- didates therefor; but the importance and high responsibility attaching to many of them, and to the yet more influential fact that the oppos- ing parties are likely to combine, if not upon a fusion ticket, upon a course of action that threatens to defeat somo of the Regenoy's plans. Tho democratic Uniow leader, Smith Ely, Jr., is very likely to heal the differences of late subsisting between that party proper and the seceding branch thereof, known as the Waterbury faction. On the othor hand the republicans, while they must, for party pur- poses and political identity, nominate an inde- pendent ticket, will nevertheless cast their votes for any nominee of the combined demo- cratic Union party commended to their judg- ments as politically and intellectually qualified for place, the same kind offices to ba recipro- cated by the democratic Union in districts where the republican vote promises snocess to the republican ticket, This is the secret of Tammany's hesitation and delay in naming its men for the offices to be filled in November and December. An unpopular candidate for any single office may, through the complica- tion and diversity of interests and the political jerrymandering of partisan leaders, inflict a severe loss upon Tammany and leave her in a minority in the Senate, the place above all others she is anxious to secure a majority in, It is this fact that invests the Senatorial fight in the Fifth, Sixth and Eighth districts with an absorbing interest to Tammany aud its chieftain, Peter Bismarck, The Judiciary slate comes in for a full share of anxious consideration, for here, too, the republican and outside democratic organiza- tions are after the redmen of the wigwam with a “big stick.” The first vacancy in the courts, as it is first in importance, influence and public interest, is that occurring on the bench of the Supreme Court. Judge Clerke’s term expires this year, but the Judge is a candidate for renomination. Tammany has been casting around for a suitable successor, and several candidates have been named whose claiins and qualifications for the office have been briefly referred to in our articles under the head of City Politics, 1t was supposed for some time past that Judge Clerke had no chance for a Tam- many renomination ; but this was not so, as the Tammany leaders felt that he was not a man they could afford to slight or reject ina matter on which the people had something to say. Should Tammany in this instance step aside from its ‘‘young men for office” policy, and renominate Judge Clerke to the high office he has so ably, justly and independently filled for years past and is now filling, they would strengthen the slate nominations, and deprive the opposing parties of the card they intend to play in opposition should Tammany fail to present the name of Judge Clerke for the suf- frages of the people. The renomination of the present incumbent would commend itself to all clasaes of our citizens, and would insure with- out doubt the election of the whole Tammany Judiciary ticket. Those Spanish Gunboats, Thirty Spanish gunboats are being built ia this city, or in the neighborhood, for some object which up to the present time it is diffi- cult to determine. Tho Peruvian government believed that Spain had hostile intentions towards the Peruvian nation; but this idea being ridiculed by Serrano's agents here we let it pass. Chile may also be regarded safe, It is hardly possible that the proud Dons will again attempt the undertaking of reconstruct- ing the Dominican republic, and as for this war- like fleet being intended for operations against the Ever Faithful Isle, it is sheer nonsense; for have we not been informed, time and time again, by good and reliable authority—Spanish, of course—that the Cuban revolution is a mere nothing; that the insurgents have no government, no money, no men in arms, no sea- ports, in fact, that they have nothing that can entitle them to recognition? To be sure, Spain has sent troops to Cuba; but then it must bo borne in mind that the Spanish treasury is full, the people are proud and warlike and ambi- tious for display, and perhaps the forces that have been or are being sent from Cadiz are only intended for exhibition and to impress upon the youthful republic of the United States what it might expect if it should dare to recognize the insurgents. What if four governments have already looked with favor and sympathized with the rebels? They are only republics. But that Spain is not pleased with their action is evident from the fact that she has set her foot down and declared that no further recognition will be permitted. In face of all this would it not be madness for the United States to recognize the patriots? Can anything more forcibly he asserted in vindication of non-intervention on our part? Has not Spain a standing army, 4 great navy, immense resources and power- ful allies? Has she not a fleet of gunboats building here which, in the event of their getting to sea and having no Cuban ports to guard, might, if the United States government was so reckless as to recognize Cuba, blockade our harbors and destroy our commerce ? What if Spain did shelter the Sumter and the Alabama before her government reccgnized the belligerent rights of the slaveholders’ rebellion? Had she not « perfect right to do 80, for is she not strong, and was she not at ono time mistress of the seas? Thrigs have taken a more serious turn than the people think, Without standing army what could we do against Spain? These are thoughts which are worthy of consideration, serious or otherwise. Is the republic of the West, then, in danger ? or what does the threat of Spain and Spanish journalists amountto? Simply hig—idle bombast, aad pothiag more, Why, the United States would, if Spain became presumptuous, think no more of chastising her than « schoolmaster with his birchea rod would hesitate to flog an ill-behaved boy. Let these blustering, bombastic Spaniards cease this nonsense and apeak of the situation as it presents itself as thoughtful and sensible mea, Secretary Boutwell on Paying and Fande ing the Dobt, Looking at Secretary Boutwell’s speech, delivered at Philadelpbia on Saturday, we must give him credit for learning some things, though his financial theories generally aro very vague and crude. We are glad to notice, for example, that he has taken up the idea we have been advocating of funding the debt at a lower rato of interest, Judging from his remarks, it is probable he will recommend this to Congress at the forthcoming session, and we should not be surprised if it were to become a prominent feature in the financial policy of the administration and of the domi- nant party. But while we give Mr. Bontwell credit for adepting this idea, and hope he will act upon it as far as his power may go ina recommendation to Congress, we regret that he does not take the question up in a broad and comprehensive point of view. He has the same limited and patchwork gort of notion on this as on all financial subjects, Why, for instance, talk of funding the debt at four and a haif per cent interest when it could be done at four per cent? Perhaps it could be funded at three sixty-five, which would be a cent a day, and which would sim- plify both-the operation of funding and the payment of interest to the bondholders, The difference of premium that might have to be paid in transforming our six per cent debt to @ consolidated one bearing interest at one or other of these lower rates would not amount to much. When the debt is being thus funded, the difference of a half per cent, more or less, would not make a great differ- ence in the price of the new loan or stock, while the bonefit to the country of placing the debt at the lewest possible rate would in the end be immense. In his ignorance of great questions of na- tional finance the Secretary is always timid and inclined to adopt half measures. What we want is a bold and comprehensive financial policy, with a view, not merely to present exigencies, but to the future. Then, Mr. Boutwell seems to imply that it would be de- sirable to fund oaly a portion of the debt. We want no patchwork in such an operation, Tho whole debt, with the exception of a few hun- dved millions that oan be paid off within a year or two, should be put into one form and simplified. The Secretary lays groat stress upon the principal of the debt being payable in gold as well as tho interest. This is tho opinion only of Mr. Boutwell and the class of financial theorists to which he belongs. There is a large class of people who think a great part of the debt is payable in legal tenders, This was the opinion of Thaddeus Stevens and other statesmen who made tho laws for creating the debt and the legal tender notes. Tho Secretary himself, in face ot such a declaration, goes into the market and pays for the bonds much less than their par value in gold, Ifthe obligation on the part of the gov- ‘ernment were to pay the principal of the debt in coin or its equivalent, as Mr. Boutwell asserts, then he should pay a hundred and thirty in currency for those bonds which he is now buying at a hundred and fifieen. Yet he has sense enough not to throw the public money away in any such manner. The people would be surprised and indignant if he were to do so. The government is the agent of the general public, and its duty is to make the best bargains it can and the best use of the money ia its hands tor the good of the people. It is not required to pay more than is due or necessary in favor of a certain clasa nor to strain the law where there is a doubt in favor of the bondholders. Regarding the matter in point of equity the bondholders are gotting paid far above what the government ever received for the debt, This demand for prompt payment at par in gold, regardless of the heavily taxed people or the necessity of liqui- dating the debt in the easiest manner possible within the limits of the legal obligation, hus in it much of the Shylock rapacity, The bond- holders are taken care of very well, and Mr. Boutwell need not be so very anxious about their interests. Some attention might be paid tothe interests of the people who pay the taxes as well. However, we hope the Secre- tary will prepare the way for funding the debt at the lowost rate of interest possible, and thus save fifty millions or so a year to the public. The Chinese in Calif tee Amendment. The decision of Judge Sawyer, of the Dis- trict Court in San Francisco, that Chinese testimony is admissible against white men, under the fourteenth amendment of the fede- ral constitution, will prove an entering wedge for the final destruction of that worse than Chinese wall of prejudice which has so long shut off John Chinaman from all rights that Californians feel bound to respect. There is, indeed, nothing in international law to hinder the United States government from pro- scribing Chinese immigration, as well as Irish and German immigration, selfish and short- sighted as such a policy of proscription would be in any case. But the fact remains that all these immigrations have alroady become faites accomplis, and that the develop- ment of our future national wealth and pros- perity largely depends upon their generous encouragement, Judge Sawyer’s decision will hasten the time when in California, and throughout the Union, American citizens, whether of native or foreign birth, will fully comprehend the constitution as it is under which we are all “building up the boing that we are” and laying the foundations of a mightier republic than the world haa yet seen, the Four- Tax Mystery Sonvev.—We learn from a published sketch of the life aud times of Jamer, Fisk, Jr., that he commenced his business career ag an employs in Van Amburg'a’s menagerie, and sorved a long torm in “stirring up the animals.” Here, then, we bave the solution of his wonderfal skill in stiring up the bulls and boars of Wall street. Trained among hyenas, lions and royal Begal tigers, the bulls, bears and lame ducks of Wall street were more ghild’s play to Fisk. The Late Eqainectial in Maine. The tremendous equinoctial storm which seemed to have spent its full force upon this city a week ago yesterday reappeared at East- port, in Maine, on Monday alght, in the form of a destructive hurricane, In Eastport alone it destroyed more than half a million dollara’ worth of property, and the towns of Lubeo, Pembroke and Perry were heavily damaged by it. Numerous vessels were wrecked along the coast, in at least two instances with loss of life. At New River an unknown bark was lost, with all on board, seventeon in number. Twenty-seven vessels were driven ashoro at Rumney’s Bay. A great freshet also occurred in Swift river, a tributary of the Androscog- gin, sweeping away mill dams, overflowing the riparian farms and destroying houses aud barns. We have already recorded the losses occasioned in New Branswiok and Nova Scotia by the fury of the late storm, which drow ® terrible tide up the Bay of Fundy, and destroyed wharves, bridges, dikes, ves- sels, houses, barns, telegraphs and railways. Perhaps the equinoctial, which has thus reached the northeastern part of Maine and the borders of New Brunswick and Nova Scotia, after sweeping northward from Vir- ginia along the Atlantic coast with a heavier rainfall than any previous storm of the nine- teenth century, may not extend much further. We have carefully given the detaila of tte progress in the hope that the attention of sci- entific men may be specially directed to the importance of continuing to study the law of storms, Enough certainly must have been learned about it since the days of the twenty Greek savans, whose observations on storms are mentioned by Pliny, to make it possible to devise a system of storm signals that shall save millions of property both on shore and at sea during the equinoctial season. Cornin as A Loppy Man.—We publish to- day from a Congressional document some extracts which throw considerable light upoa the antecedents of the P: »sident’s brother-in- law, Corbin, as a lobby man. The testimony thus furnished goes atrongly to show that in Corbin the cc atrivers of the late gold pool had the very man they were looking for, but the results show that in this case Corbin was a complete failure. A Remarkasig Faot—That the name of the venerable Thurlow Weed does not appear, so far, in the alleged affiliations of the late bull ring on gold. The venerable wirepullec had had, perhaps, enough of such speculations in that famous Astor House whiskey ring on Andy Johnson’s impeachment, and perhaps he foresaw that in this late gold ‘‘coraer” Corbia would nake a mesa of it. SHOCHING SUICIDE, A Wealihy Liquor Dealer Hangs Himself ia His Barroom. Atanearly hour yesterday morning Mr. William Mitchell, who for many years past has kept a wholo~ sale and retail liquor store on the southeast corner of Prince and Wooster streets, committed suictue by hanging himself. Mr. Mitchell, who, as amatter of neceasity, had closed his place at twelve o'clock every night in compliance with the provisions of the Excise law, had been in the habit of remaining ia hia barroom an hour or two later to have things ta proper order for the following day. This was the case On Saturday night, and after closing the store Mr. Mitchell Yolned his family, living in the upper part of the premises. After chatting tor a time with his wife and chiidre: in his accustomed pleasant manner, Mr. Matcheil went down stairs again, and did not return, In the morning he failed to make his appearance, which caused & decided uneasiness in the mind of his wife, and immediately resulted in inquiries being made. ‘The barkeeper, who carried a duplicate Key, waa called, and on unlocking the barroom was not only astonished, but horrified, to find mr. Mitchell hang- Ing to the faucet of a liquor cask by means of a rope, which he had fastened around his neck. His lower extremities rested on the floor, but the body waa cold, and life mo perenny had been extinct for severat hours. A most horrible feasure of the cage ta tne fact that rats had made au onslaught on the body and had partially eaten out the eyea and a portion of the nose. The remains were removed vo the upper part of the house and the brothers and other reiatives of deceased iniormed of the occurrence. Deceased, Who Ja reported to have been worth about $300,000, was of @ joviai and happy nature, quite temperate ty his habits, and ag far as known had no serious trouble of any kind. The only theory upon which his friends can reasonably account for the actis that of temporary aberation of mind, caused by uls arda- ous labors aud loge application to business. Deceased was about thirty-six yeara of age aud gaid t have been @ native of thia city. Coroner Kiyna was novied to hold an taquest on the body. DROPPING THE LEAD, “Sounding” for Treasures—A Plumber Boe comes a Confidence Man. Joseph Roddy is the alias of a young fellow who has just come to grief, and to cover up his ante- cedents he has assumed this convenient name. He was once honest, obtained a living at the plumbing business, but he had to work too hard. He read of the fortunes won by the tngenuity of confidence men and he decided to emulate them; and, drop- ping the “round tron’ and lead, invented & new dodge to possess his neighbors’ goods. He would first ascertain what houses contalaed valu- ables easy of access, when he would ascertain the Jandlord’s name. This secured the rest was casy. Calling upon the occupants he represented that the landlord had sent him to perform some plumbiug work, Access to the rooms was given bim and after an examination he would depart for his tools, promising to cali next (as do the work. Usually with him would disappear valuable jew- elry and small articles easily secreted about his per- son. He tried this experiment u; Mrs. Strauss, of Kast seventeenth street, some days ago, and was rowar.ced by getting $700 worth of Jewelry. A gen- Heman in the Fourteenth ward was victimized to the amount of $600, One of his latest ventures was at Mrs. Pease’s, No. 126 Heat Tweifth street. He gained access to the rooms, examined them, and on departing the servant observed a rod string hanging out of his pocket. She at once sua- pected him, denounced him as a thief and cried for assistance, The fellow knocked her down and mate his escape, leaving behina him his coat, in one of the ckets of which was a Derringer, balls and powder. fre had stolen there $600 worth of jewelry, with which he got away. ; From a description given detectives, officers Reilly | and Corkey, of the Fifteenth precinct, yosterday | Morning, at the corner of Sixth avenue and Tonte : street, secured the plumber, wNo acknowledged the robbery, told where the property of Mrs. Pease was | to be found, was identied by the servant, and wilh be arraigned at Jefferson Market this mornings where persons who have been robbed by pi piumbers will have an opportunity to take @ look a the gentioman of artistic aspirations, ‘SPORTING. The Pigeon Siooting Match, A pigeon match between three of the most cele. brated marksmen tn the country Is now oD tho tapts, awaiting but a favorable report from the Society for the Prewention of Crueity to Animals, which society, through ignorance as to the manner in which chis Sporty'is conducted, have seen fit to place _ ‘pang cles/in the way of the consummation of the match. Ti understood that she soolety has been waited upen by several influential gentlemen who take mrich interest in this sport, and tn all probability, ty rough their representations, the society will ba isduced not to interfere with the match. [tis dit- Dcult to see thing objectionable, especially fon the score “or, cruelty, in @ fairly con. tested pigeon shooting match. By crueliy 1s means torture, and there seems to be little, if any, prace ticed upon birds when, as in this cae, death is tm almost every Instance Instantaneous, Pigeon shoot- ing has, within the last few years, Laken @ position and been acknowledged as among the innocent sports of the country, aud as such ie patronized and encouraged by @ large aud respectable class of tha community. ‘The present match is for the cham- ionship and a rgd of $1,500, and Is to be oon- fended for vy KB. W. Tinker, Jobn Taylor and ira A, Paine, ail of whom are well knawo. his? are to-day the three best shois in the country. Tinker ready contended with each other, y atch and match, and it ts ox: , ingly doubtful which is the better a, 1 aa boen engaged in several contests, in Which Ge has acquitted himself with muoa credit, Winni4y mm the Taajority of ui watches, | we IRR CNN a ERNE NE AR NEY SR ee