The New York Herald Newspaper, November 21, 1869, Page 4

THE RAILWAY COLOSSIL ‘The Great Litigation---Hudson River ys. The Erie Princes. Commodore Vanderbilt On the Stand. WHAT ABOUT THAT $5,000,000? Jay Gould & Co. and Other Large Fry In the Tranjaction. JAMES FISK, JR., IN COURT. SUPREME COURT—CHAMBERS. Before Judge Ingraham. The Erie Railway Company vs. Cornelius Van- derbilt.—It will be remembered by the readers of the HERALD that on Thursday last Judge Barnard, sitting at Special Term of the Supreme Court, re- Tased the motion to send the trial of this case before a jury, and set down the hearing for the 28th inst., at Special Term. Yesterday morning, on applica- tion of Mr. David Dudley Fiela, counsel for the Erie ‘Railway, Judge Ingraham granted an order to have testimony taken before trial, aud accordingly the proceedings were at once begun Supreme Court Circuit room, where a large num- ber of influential and moneyed men were pres- ent ‘to listen to the proceedings. among them was Mr. James Fisk, Jr., whose corpu- lent and exiremely bealshful appearance seemed to give the most perfect assurance that he is vlessed with an easy conscience, and that his mind is at wrest, Mr. David Dudley Field and Dudley Field appeared in behalf of “Erie,” while Mr. Rapallo, with whom is associated Mr. Beach, of Troy, watched the pro- ceedings on the part of the Commodore, Judge Ingraham was not present during the exam- ination, but it was understood that should any Knotty pomt arise, or if any objection was raised by Counsel, his Honor should be sent rforto settle the matter. THE COMPLAINT. The following is the complaint out of which the ‘whole transaction grows, and which explains fully the plainud’s aide of the case to the reader Supreme Onurt—City and Ovunty of New York— fay Company Plain ff, vs Carneliue Vanderdilt, 0 Tue Erie Kailway Company, plaintiif, oe complains and That in February and March, 1868, several actions were commenced against this pl ert officers, in which the complaints ail ts on the art of the oficers of this plaintiff, aud particularly on the part of Daniel Drew, then the treasurer of this plaintiff, hich the said complaints asserted to be in fraud of this , all purported to be t for the protection of the stockholders of the plaintitt, as such, and prayed for no damages against this plaintiit, but only for such relief as it was therein claimed would be {or the advantage of the plaintit Third—ihat the defendant herein was not a party of record fn any of the said actions, and publicly denied that he had ‘apy interest in or contro! over them. Fourth—That in July, 1868, a compromise of the said actions was effected between Joha 8. Eldridge, the president of this plainti’ and Daniel Drew, then its treasurer, on the one part, and Kichard Sched and Frank Work the other part, by ‘which it was agreed that the said act should be discon- tinued; that the sald Schell should receive $429,250 or more from this plaintiff ; that the defendant should be re! 6,000 shares of ihe capital stock of this plaintut i should rec and that the directors of this plaintit! should p @ccount bonds of the Bos re) ps ,000, at eighty per cent, and that the piain- tif should pi ¢ interest thereon and endorse the same. Fyth—That on or about the 1ith day of July, lees, ai the city of New York, the suid agreement was carri eifect, and in pursuance thereof the officers then having charge of the piaintifi’s funds, acting in obedience to the orders of the directors of this plaintit, a majority of whom were then under the contro! or influence of the said Eldridge and Drew, Paid or caused to be paid to the defendant $2,600, 00u im cash’ 4nd also bonds of the said Boston, Hartford and Erie Ra: Toad Company to the amount of "$1,250,000, belonging to th plaint ff and eadorsed by the president and secretary of 1 Plaintiff in its name, {n consideration of 0,00) shares of plaints own capiial stock, which were then transferred by the defendant to the plaintiff; and the said oficers, in like ‘ovedience to the order of the said directors, at the same time and place paid to the defendant the additional sum of $1,000,000 in cash out of this plaintiff's funcs without aay Jawfal, val ion. 7 the ive $1,000,000, stockholder and otherwire, and had great per- sonal advantage to gain by disposing of the said bonds to the Plaintiff and by procuring the pialntitt’s endorsement there- ©n, and the said Drew was largely iudebted to this plaintidl, ‘and in one of the actions aforesait an injunction had beea fauted by this cour: restraining the directors of this plalntit froin endorsing any of the said bonds and irom compromis ing the claim of thie plain against the anid Drew. venti That the object and motive of the said Eldridge d Drew in making the compromise aforesaid was to put end tothe said injunction, and the object of the said bell and Work was to make money for themselves, and all the sa{d parties intended by the sald compromise to defraud this plaintiff, all of which was at the time of the transaction between the plaintiff and the decendant aforesaid, well known to the defendant, E Tuat the defendant at the time of the transaction mand the plaintiif claimed to have con- 1, r the said Schell and a trol over the a Work, and Induenee wit 0 aut hase ths said shares of its own s {tay occasion or use for any of thi tage to gain from such purcha paid by it as atore more than the de: for the said shares; tea ty under ck, Of an! ind the price id to the defendant was at least $500,000 id have obtained in the market J of which was well known to the de- rT That the bonds whi in part pa ry anu the defe: vor allof them sous who will be purchasers in good faith and for of this action sand shares him of the not return commencement Here t iivty thi fri him, but he wou plaintif ten 8 capital stock, and deman money and bonds received by the same nor any part iherof. niiff is now and always has been ly return to the de agit th y thousand shares aforesaid upon receiving from him the money aud aid for the same. elore the plainuiif deman: 1, That the derendant be re: ing or otherwise disposing of any of the b junction from is of the Bos- ton, Hartford and Erie Kailroad Company received by bim from the plaintiff. 2. That the defendant deliver to the plaintiT the bonds aforesaid. 3. That if the def aforesaid he be requii Tor the profection of th chasers thereo!, an the bonds not deliv 4. That the def 83,500,000, with int dant {is unable to deliver all d to the ponds good and sufficient security against all claims of pur- to pay to the plaintit qe value of ob pay to the plaln rota tue Lith day of THE ANSWER. The defendant, in answering the complaint, says he has no knowledge of the contents of the com- Plaint in the action sufficient to forma belief. He admits the allegation in the third clause, and that the actions mentioned in the complaint were com- promised in or about the month of July, 1868, and said actions were discontinued on or about the 3d of duly, 1868, but denies any knowledge or infor ma- tion as to whether such compromse was effected between the parties named in the fourth clause of said complaint, or what the terms of said compro- mise were, He denies that he was a party to the compromise; admits receiving the money and the bonds, but denies that they were received by him in pursuance of the wig of agreement in said com- plaint or by virtue of the alleged compromise. To each and every other allegation in the complaint the deiendant puts in a general denial. COMMODORE VANDERBILT ON THE STAND. The first witness catled was Cornelius Vander- bilt, Who was examined by Mr, David Dudiey ‘ied, as follows:— Q. Did you, in July, 1868, recetve from Jay Gould, as treasurer of the Erie Railroad Company, $1,000,000 and also bonds of the Boston, Hartford and Erte allway to the amount of $1,250,000? A. 1 received from Jay Gould a certifiea check for $1,000,000 and a check of the Boston, Haruiord and Erie Railroad Company for $150,000 tor the purpose of carrying out a@ contract I had made with Mr. Drew for the sale of a certain amount of stock; made that contract with Mr. Drew in the fore part of July, a few days before this trans- action; |do not know that anybody was present; it ‘Was made in my house, « 4. State the contract fully. A. J sold Mr. Drew 69,000 shares of Erie Railroad stock for $4,000,000, Q. How were the $4,000,000 to be paid? A. In money. Q. At what price? A, At eighty. Q. Was that the price the stock was then selling at {n the market? A. Upon my honor, I don’t know slat Q. Did you not then know? A. I think it is very likely I dia, Q, Was not that price much above the market rice? A. The price of Eri¢ stock at that cme had en Vacillating. Question repeated. A, I don’t know. Q, Did you not then know it? A. I can’t say @hether Ldidthen, L think tt is very probable tt was, because it was a large block of stock and you Bould not buy it unless you ran it up. Q If you have it vo sell, then, you must sell it at depreciation? A. Ifyou sellit you have to sell it i the market price. | did not care about selling 1¢ at that time at all. Q, Had you held the stock long? A. Well, for some time; I can’t tell how long. Q. Had you bought it during the litigation of that year and the previous year? A. That} don’t know, Q. Do you not know whether that stock was pur- phased by you during the litigation commenced the previous autumn and carried on in the veginuing of f the gum of aly, 1865, mm the Prominent ie Rait- ‘endant.— NEW YORK HERALD, SUNDAY, NOVEMBER 21, 1869.-TRIPLE SHEET. thas year, and for the pur, of affecting the filtiga- tion and of being affected by iv? A. 1 had nothing to do with the litigation; 1 never paid any attention toi; L thought when I purchased it that it was a good purchase; I thought it was worth the money; I supposed it was a good atock. Q. Did you think it would rise? A, I supposed it Was worth the money whether it would rise or not. Q. Do you know how it was that that concract you made with Mr. Drew came to be carried out by Mr. Gould?. A. That wa: matter between Mr. Gould and somebody else—the president and Mr. Drew; I recollect perfectly well when I made that contract with Mr. Drew, I said, “I must bave an understand- ing about the matter; I will not sell the Erte Rail- way anything; I will have nothing to do with it; I am purchasing this stock for if;’’ T said that because | made up my mind the ‘ilway had got into 80 many dimcuities that 1 would not have apything todo with them; 1 made up my mind | would not have anything to do with tne Erie Rall- way, and I have always stuck to that since, Q. Did you suppose that Mr. Drew was acting for the Erie Railroad in that negotiation or purcuase? A. No; not alter he told me he was not. Q. Well, previously? A. I don’t Know but what I might; may be I might not have thought of such a tuing at the ume: I Know I made up my mind to it that | would not have anything to do with the Erie Railroad in any way. Q. Who told you that Mr. Drew's contract would be carried out by Mr. Goukd? How came Mr. Drew's conwact to be carried out by Mr, Gould? A, That 19 @ matter between Mr, Gould and Mr. Eldridge and Mr. Drew; I understood from Mr. vrew that Mr. Eldridge came to him aud wanted to make some arrangement about Uuat 60,000 shares of stock; that 1s what Mr. Drew told me; Mr. Eldridge called on me then and asked me—I think Mr, Drew was in the front office at the same time—the object of Mr. Eldridge calling on me was this, as I supposed at the time; Mr. Drew was lo pay me this money in money; Mr. Eldridge haa a lot of bis boston-Erie bonds that he wanted to dispose of, and to see if he could succeed tn getting a poruon of these bonds off and taking Mr. Drew's money; that was the object he had, as I supposed; I took on that account 625 bonds, I think; Uhat cancelled that 50,000 shares atthe price of 80, consequently he had but $3,500,000 to pay instead of four; suppose that was Mr.Eldridge’s motive; the 50,000 Shares were finally paid by 625 of these Boston and Erie bonds for half a muilion; Mr. Gould brought mie in a certifled check for a million of dollars, to- gether with these bonds; he then said, “Here is a certified check for a milionof dollars and here are these bonds, If you send these 60,000 shares of stock down to your broxers, Work, Davis & Borden, at twelve o’clock to-day, he will take them and give two and @ half muhons more of money;” I sent the stock down to Work, Davis & Borden and they did the rest of the business; they gave me credit for the money. Q. Did they receive any instruction fromyou? A. Not anything more than just that. Q. Did you know or were you informed that at or about that time the litigation of which I have spoken was settled? A. Ihave no doubt I heard it; as I stated before, I had not anything to do with the litigation in any shape, form or way—not to the in- terest of @ penny, nor nevet had in any litigation with the Erie road people. Q. Were you not informed that the purchase from YOu Was part of the settlement of that litigation? A, No; whenever they talked to me about litigations I always threw it out, and said, “1 want to hear noth- ing about yoar litigations.” Q. Who talked wita you about litigations? A. I can’t say who. Q. Was it part of the arrangement that you should give the Krie Railroad Company the option of pur- chasing dfty thousand more shares at the same time? A. No, not the Erie, Question repeated. A, No. Q. Please to fook at the paper now shown you and tell me whether it is signed by you? A, That looks very much like my nawe,. ¥ Q. Is it your name? A. I should think it was, sir. (Mr. Field here read the paper aliuded to, which purported to be an agreement with the Erie Kallroad Company, or Mr. Eldridge, or Jay Gould and their assignees, to hold tive millions of stock of the Erie Railroad Company, &c.} Witness—I think that is very correct, Q, Do you now say you had nothing to do with the Erie Kailroad? A. I do not know that; that Was Dot a part Of this 50,000, « In point of fact, was it not @ part of that ar- rangement that you should give the Erie Kallway Company the option of buying 50,000 more shares? A. No, | bever made that arrangement with Mr. Drew; when that agreement came to be made, they asked me if I had apy more stock; I sald yes, and they said, “Will you sell us 59,000 shares for so much money?” J think it 13 likely Mr. Elariage asked that; 1 supposed I was dealing With him; did not suppose I was dealing with the Erie Railroad at all; Lhad nothing to do with the Erie Railroad in form or shape. Q. Was anything ever done in respect to that agreement after? A. No: I never heard of it, only I supposed they did not call for the stock. Q. Do you not know or believe that the $3,500,000 came trom the Erie Railroad Company? No, I do hot. Q. Do you not know or believe that a portion of it came from them? A, No, 1 do not; at the time took that certified check for $1,000,000 1 never looked at it to see who had signed the check, nor did I care as long as it was certitied; but, then, I migh have been a little remiss. pie Macc @ave you that check? A. Mr. Gould, I wok, Q. When did Mr. Gould first mtervene in the trans- action? A. Weil, now, | declare I can’t tell you, Mr. Field; it strikes me Mr. Gould knew I had made a sale with Mr. Drew of this amount of stock, and whether he came to me to let him off or not and sub- stitute another I am not positive; but I satd I would take any one else he had a mind to except the frie Kauway Company, tor L was alraid it woula get me into disicuity. Q. Look at these two checks and tell me whetner You have not mistaken the transaction altogether— whetier there were not two checks, and neither cer- tuted? A, No, they were not given to me; I thought there was but one check given to me, \. Are you confident there was but one check and that that was certufled? A. Well, I thought so, and i think so still, Q. Look at that check and tell me whether it was ever given to you, and, if so, for what (another check Landed to witness)? A. I do not remember anytuing about that check, Mr. Field. ( Will you look at this check again and say whether that check did pass through your hands? A. { liave not the slightest recollection of that check in the world. Q. Has 1 your endorsement? A. That looks very Much like my name, ‘Yo the best of your recollection and belief 13 1t? ‘ell, I am not going to swear anytuing about A my name; there 1s a way to correct this; if 1t be cor- rect tay bank book will tell it. bo you kuow your signature? A. Yes, Ishould that that was my signature, but will not ear positively about it; I recollect once a check of that Kind came into me for $75,000 which was a for- gery and | would never have detected is except from my bank book. Q. Do you believe this to be a forgery? A. I can’t tell. Question repeated. A. As long as there is a way for me to prove this positively within my reach, lf I have gov that amount of money deposited in the bank, my bank book will tell it, if I have notitwa forgery; Mf that signature was to come up anywhere outside of such @ litigation aa this | should think it 1s mine; | am not going to swear positively it is. Q. Will you not swear you believe it to be yours? A. l cannot say any more, Q. Do you know the signature of Work, Davis & Borden? No, | am the poorest judge in the world of signatures. Q, Look at that check and say whether it went to Work, Davis & Borden, your brokers? A. No, I can’t tell. Q. Have you had their signature frequently? A. Yes, a thousand times, and would not swear to it any day. . is that a signature of their's which you would take in @ business transaction? A, Well, I don’t know; I would take any signature they would give me. Question repeated. A. It ts likely Ishould. Ido not examine all these things closely, Mr. Field. Mr. Field here read check No. 112, dated New York, July 11, 1868, and bearing the name of the Manhattan Company, with the Erie Railroad Com- pauy printed on the margin, and directing the pay- Ment of $166,000 to the order of Jay Gould, treas- urer, and endorsed “©, Vanderbilt, Esq.” Q. Say whether that refreshes your memory go ag to enable you to say that that Was the check given to you and by you sent to your brokers, Work, Davis & Borden, for deposit on your account? A. 'I have no recollection of it. Q, Have you any information or belief on the sub- seal A. No, unless you let me reier w my bauk 00K. Q. Supposing the check to be gennine and your endorsement not @ forgery, can you explain it? yill you teli me for What purpose and upon what consideration you received that check?’ A. That is What I can’t say. If I received it at all my books will teli me. Q, Look at the check and tell me whether it 1s cer- tf A. 1 don’t see it certified. 1 don’t know ether you Call that @ “certify” or not. Q Riese to look at another check which 1 now show you. A, Yes, sir, . And say whether that check has ever been in your hands. A. I can’t vell you, sir. Q. Isthe name C, Vanderoilt on the back? A. I answer tat the same as the other, to save you time. Q, Is that check certified? A. Well, I don’t know If you call that a certification or not. Q. is this certified in the way you spoke of the $1,000,000 being certified? A. I think that check Was certified crossways; this appears to be in that f. Fieid here read the check. Witness—The saine as the other; it might have been possibie there were two checks lustead of one, but my impression 18 the other way. Q Willyou say whether these two checks are not the checks for the $1,000,000 which you received ¥ A. No, sir; I won't say that; by a reference to my book If it tolis that there are two amounts whico accord with them instead of one I would say #0, but me iinpression Ia still it is oue. Q, Will you look at the check now shown you, and which 1 will read (Mr, Field read a check dated’ New York, July 13, 1868, on the Continéntal National Bank, for $2,600,000), and tell me whether that is a certifled cheek which was paid to Work, Davis and Borden for your account? A. Inever saw the check before; I don’t know anything about it. Q. Look at the paper now shown you and say whether it is in your handwriting? A. Yes, I should think it was; I have no doubt of it. Mr, Field read the paper, as follows:—‘l send to Work, Davis & Borden 50,000 shares of Erie Katiroaa stock to be delivered to Mr. Jay Gould on his pay- ment to them of $2,500,000 on Monday, the 18th h New York, July 11, 1868, 0. VANDERBIL, Witnesé—I should think that was @ paper I sent to Work, Davis & Borden as their authority for closing the transaction. Q. At Mr, Gould's interview with you was anybody present? A. I don’t recolieor. Q Did he have more than one imerview? A. Dan’t recollect. . Where was it and when? A. I don’t know. {His impression was that Mr, Eldridge and Mr. Gould came to bis ofMce to see whether he would not deal with them instead of Mr. Drew for 50,000 shares of Erle stock, which he wouldn’t do unless witn the consent of Mr. Drew. Mr. Drew said Mr, Van- derbilt was in the back omfice at the time, This was bis (Mr, Vanderbilt’s) Impression; it was a good while ago, and he does not wish to be misunder- stood; he may possibly have forgotten the facts and he does not wish to misplace gentiemen. This was a few days before the 11th day of July; he saw Mr. Goutd a number of times and not recollect now how many times; his recollections of the inter- views 1s not very particular, Q. State whas was said. Oh, & thousand things were said. When business was transacted Lam apt to recollect it, but as to other things I have for gotten, In answer to a question by Mr. Field Mr, Vander- bilt reiterated his former auswer, that he had had nothing to do with the litigation then pending against the Erle Company, and added “nor witn any other litigation against the Erle Company, previous nor since.” Q. While that litigation was going on and Mr. Drew was said to be in Jersey City did he not come to seo you at your house in this city? A. Yes, he did 80; he wanted to get some assistance to get out of the difficuity—Iknew they were in a tight place. Q. Did not Mr. Drew make some pronosition to you for a settlement of the litigation? A. Never; | would’nt listen to him, I never told bim that I wished the 50,000 shares taken off my hands and to agree to @ settlement. Q. Did you not wish to be relieved of those shares ? A. I never wanted to be relieved of them. I would much rather have kept them, and would not sell them to a living being for one dollar less. Q. At the time of the sale to Drew did you retain any Erie stock? A. Yes, sir; I had lots of it. Q. ths many? A, ‘“Them’s are things 1 keep to mysel Q. Do you hold the same still? A. That’s an affair of my own. Q. Did you understand what motive they had in wanting to purchase your stock? A, No; I did not understand any of their motives why they wanted tt stock; I thought they wanted to 1x up some- thin Qu Fix upwhat? A. I didn’t know; I understood they were in a devil of a dirty place, and for me they might get out of it as best they could; I didn’t cari e. Q. After the bargain was made with Drew, did not Eldridge and Gould refuse to carry it out until it was ratified by the Board of Directors? A, No, sir, they did not refuse; 1 wouldn’t have anything to do with them; they said many things which went in at one ear and passed out at the other. Q. Did you hold any other claims against the Erie Company except stocks and bonds? A. None other; I had only stock and bonds of the Erle Kailway. Q. Did you know that Mr, Eldridge was President of the Erie Company? A. Only from hearsay; I had heard it; [ heard aiso that Mr. Gould was treasurer; 1 supposed that Mr. Drew was treasurer for a long While; but anybody else ts justas good a judge of this as myself; I near many things that 1 don’t care about and I don’t recollect the: Upon further inquiry Mr. Vanderbilt stated that he Was not mistaken in testifying that one day he received $625,000 in bonds and the next day he received $625,000 more, in payment of $1,500,000 of stock, Or 50,000 shares. ‘Chis Boston, Hartiord and Erie Ratiroad stock was given for signing the agreement which is referred to adove. Mr, Gould gave him the stocks, and he laid them in a box in the room. He took it for granted that they were right and didn’t count them. He had no claims against tne Erie Company in February, 1868, at tae time of the settlement, nor from that to July, 1863, In auswer to a positive question Mr. Vanderbilt Teplied that he meant to say he had had noth- ing to do with the Erie Company. He toid the gentlemen he would have nothing to do with the company and they said they were making the arrangement for them- seives; Mr. Gould, Mr. Eldridge and Mr. Drew, or at least two of them, and he could not be positive which, said that it was their own affair; he saw the check; it was a single check; there may have been two; he does not now recollect, but nis impression 1s there was only one. * Here Mr. Horace F. Clark made a suggestion to a Pevceee which was at once interrupted by ir. Field. Mr. Vanderbilc continued—My book would tell, but I am strongly impressed that there was but one check ; Mr. Gould brought the check and bonds, and said thatif 1 would send the 50,000 Erie shares to Work, Barton & Davis he would pay there the $2,500,000; my bank book will show whether there were two checks or only one; I Will bring it with me at another time; I will do it on Monday or at any time you may ix. A somewhat lengthy conversation interposed here between Mr. D. D. Field, counsel for the Erie Com- pany, and Mr. Horace F. Ulark, Mr. Rapalio, of this city, and Mr. Beach, of Troy, who appeared for Mr. Vanderbilt, in regard to tue production of the latter gentleman’s bank book, in order to get at the iden- Ufication of two checks, dated July 11, 1868—one for Na at the other for $460,000, together $1,000,000, it was at first suggested by Mr. Field to adjourn over to Monday, but tuis was not agreed to by the oppo- gite counsel, who desired the examination of Mr. Vanderbilt to be completed yesterday. Mr. Field Wanted the bank book, to which Mr. Rapallo and Mr. Clark replied, thatthe bank book would not show the number of checks, but only the aggregate amount of one million. It was, at last, agreed to assume, for the present, tiat there were two checks, dated and for the amounts as given above. Mr. Rapallo then handed the checks to Mr. Van- derbilt, Who testified that the word “Allaire? was written across the face of bot the checks, which was the usual way adopted by the Manhattan Com- pany to certi'y checks. Mr. Rapallo also placed in the hands of Mr. Vanderbilt the paper containing the agreement, signed by Mr. Vanderbilt, and re- ferred to in the earher part of his examination, and he said that at the foot of the paper is written an assignment, with te signature of John S. Eldridge, by which the latter gentleman, for and in considera- tion of the sum of one doliar in hand received, transferred and assigned all bis right and interest in “the foregoing agreement” to James Fisk, Jr. Mr. Fieid stated that they did not introduce tis portion of the document as evidence, but the examination of Mr. Vanderbilt in reference to 1t may be consid- ered as preliminary to make it part of the defend- anv’s case. Mr, Kapailo also proved by Mr. Vander: bilt the contents of the following:— I send to Work, Davis & Barton 50,000 shares of Erle Rajl- Toad stock, to be delivered to Mr. J. Gould on his payment to them of 2,500,000 on Monday, the 13th inst. New York, lth July, 1265, ©. VANDERBILT. New York, July 13, 185%.—Messrs. Work, Davis & Barton will please deliver the above 50,000 shares Erie Railway stock to Messrs, Smith, Gould, Martin & Co., who will pay for the same. AY GOULD. Mr. Vanderbilt to Mr. Field—Can’t you finish tis examination now? Mr. Field—It you had your books here I probably Would have no more questioas to ask, Mr. Vanderbilt—Then if you see that the two checks are right you are done with me? Mr. Fieid—I believe so; I wish the books only to refresh your memory, as I think you are mistaken, Mr. Vanderbilt (\ooking at his watch)—Well, I might go to tue bank and ascertain that in five minutes. It was then agreed to take a receags till two o'clock P. M., to enable Mr. Vauderbilt to ascertuin all about the checks. At pe appoited hour the examination was re- sumed, Q. Have you, during the recess, made inquiries about these checks? A. Yes, sir, I have; and I found that [ have made a mistake in my former statement; the two checks are correct; there were two checks; 1 had forgotten that aie of the transaction. Q. Do you still hold these Poston, Hartford and Erie bonds, or any portion of them? A. I have a Portion of them yet; 1 don’t recollect how many; I guess about a million. This closed Mr. Vanderbilt’s examination, and all the parties lef The Revolutionists Victorious in the South and West—Salnave’s Generals Desert Him and Unite With the Insurgents to Enforce His Abdication—Vil Lubin Appointed Provisional President of the West—Salnave Intrenching Himself in Port aa Prince. SACMEL, Nov. 10, 1860, The insurgent troops have secured a complete triumph in the South and West. So far as the re-es- tablishment of Suinave’s influence im that part of the island is concerned, his hopea are forever at an end, From the military operations under his two favorite generals, Chevalier and Vil Lubin, Salnave expected highly satisfactory results, but although for some UUme past these two generals have used every exertion Wo suppress tue insurrection in the South and West, they have at last accepted the sttuation and recognize the revolution in those districts as an accomplished fact, Acting upon this conviction, Chevatier and Lubin have joined the revolutionists. On the 4th inst. Chevalier sent in a delegation from his headquarters to Jacmel to arrange tle con- ditions upon which his adherence to the revolu- tionary party might be effected; aa aiter due consultation with the insurgeni lead- ers, the matter was satisfactorily arranged. Thereupon Chevalier departed for Port au Prince, with @ portion of his army, to demand Salnave’s abdication, Inthe meantime Salnave visited Mira- goane, in the steamer Algonquin, for the purpose of bombarding that town, but finding no insurgents there he abandoned his design and returned to Port au Prince, where hel purposes intrenching himself and holding out to the last, Vii Lubin has been proclaimed Provisional Prest- dent of the West, and will at once assume his daties assuch. This unexpected change tn aifairs has had & salutary effect upon the community generally. Confidence in mercantile mattera is being rapidly restored. The people are supplying the markets amply with provisions, Coffee 1s coming in more freely and trade is becoming brisker. z, Provisions brivg @ fair price, and exchange is at 680. . EUROPE. British Opinion of American Finance and the United States Debt. THE CHURCH AND FASHION IN ENGLAND. German Reports of the Recent Earthquake Shocks. The German mail steamship Unton, Captain Dreyer, from Southampton on the 9th of November, arrived at this port yesterday evening, bringing a mail report in detail of our cable telegrams, datea to her day of sailing from England. The London News of the 9th of November says:— Our special correspondent in Egypt sends ug an account of @ voyage he has had on tne Suez Canal. Our correspondent regards it as unfortunate that the formal inauguration of this great enterprise has not been postponed for a few montis longer, and is of opinion that the piloting of large ships from sen’ to sea will not be free from risk. The London journals contain ample reports of Queen Victoria's visit to the city, a compicte pro- gramme of which appeared tn the HERALD yester- day. ees The death is announced from Paris of M. Eugéne Forcade, the French journalist, whose serious 1ll- ness aroused so much sympathy a few months since. Vice Chancelior Malins decided that the expenses of the Overend and Gurney prosecution shall not, as Dr. Thom had prayed, be paid out of the estate in liquidation, Ata quarter to four Saturday afternoon, Novem- ber 6, the steamship Great Eastern, with upwards of 8,000 miles of Anglo-Indian cable on board, weighed anchor, and took her departure from the Portiand roadstead, England, under the command of Captain Halpen, At five o’clock the big ship was clear in the strait, and at half-past five she was lost to view in the westward, steaming at the rate of seven knots ‘an hour, There 1s a probability that another Episcopal mitre will soon fall to the disposal of Mr. Gladstone. It1s generally understood that the Bishep of St. Asaph, who 1s in his eightieth year, has sent in his resigna- tion. The right reverend relate was consecrated to the see of Sodor and Man in 1841, and translated to St. Asaph in 1846, The Bishop is patron of 113 livings, and the annual value of the see 1s £4,200. Two aaughters of the Duke and Duchess of Aber- corn were married November 8 in Westminster Ab- bey—Lady Maud Hamilton to the Marquis of Lans- downe and Lady Albertha to the Marquis of Bland- ford, eldest son of the Duke of Marlborough. The Prince and Princess of Wales, the Prince and Prin- cess Christian and the Duke of Cambridge were pre- sent at the ceremony. In London, on the 8th of November, Mr. George Vining, late the lessee of the Princess’ theatre, pre- sented his own petition for an adjudication of bank- Tuptcy. The liabiliues are sald to be anout £5,000, ‘There was another very high tide in the Thames on the morning of November 8, and the land and gardens in the low-lying districts were again sub- merged. This was followed by an exceedingly low tide, and so shallow was the river, especially pe- tween Waterloo and Charing Cross bridges, that several steamboats ran aground. ENGLAND. United States Government Finances—Mr. Bout. welPs Speech and Plan, [From the London News, Nov. 8.) The certainty that an attempt will soon be made by the American government to reduce the rate of interest on its debt may excuse. our giving some consideration to the process by which the object desired may be accomplJished. When we hear of a debt between five and six hundred millions sterling, bearing somewhere about £26,000,000 of annual ititerest, that it is proposed to reduce that interest to £21,000,000 or less, the ways and means to do so can hardly be said to be obvious. So great a Onancial coup ts not accomplished every day. We may have faith in its possibility for various reasons. We may believe that tho croait of the government concerned 18 far below its proper level, that it 1s only recovering from a much lower point to which it had fallen through exceptional and temporary causes, and that the government is pursuing a policy which must quickly improve its credit in the market, Still it may be useful to look beyond and see how the thing can be done, A letter which is before us, addressed by Mr. Charles 8. P. Bowles to Mr, Boutwell, and which the latter would have received when he made nis recent speech, contains some suggestions of a definite plan which, in the above view, seems worth considering, Stated shortly, the plan is to issue a oew loan of $1,200,000,000—about £250,000,000,—at four per cent in gold bonds guaranteed against all taxation ana expressed in equivalents of dollars, francs and pounds—arrangements being made to cash the coupons at “the capitals or money centres of all countries,’ This plan will account for about one- halt of the debt and the remainder 1s made up of the legal tender currency, the five per cent debt which there 18 comparadivah less need to convert. a sum of $300,000,000 held by the national banks, who can be compelled to take four per cent bands in exchange lor the present six per cent ones which they hold, and a further sum of $100,000,000 which may be left to be dealt with by the present rapid process of re- demption. ‘There are various minor details, some of which we shail notice, but such is the outline of the scheme which would effect a good deal more than Mr. Boutwell has proposed. Mr. Boutwell only spoke of an immediate saving of from $18,000,000 to $25,000,000—at the most rather more thab £5,000,000; but’ that amount wiil be saved by the main proposal alone in the present scheme. Six per cent interest On $1,200,0v0,000 is, a8 near as may be, £15,000,000, and a reduction to foar per cent will save a third of that amount. »* #* * What 1s promised, therefore, 1s an imme- dilate reduction of more than £7,000,000 in the inter- est of the American debt, and if the scheme 1s in any way plausible, Mr. Boutwell'’s more moderate ideas must be strongly confirmed. BKxtravagant os these hopes may seem we should hesitate a good deal before pronouncing the scheme, or one like it, un- reasonable. A main point must clearly be given in the projector's favor. ‘She debt of the United States, so far from being overwhelming in capital amount, 1s really very Manageable in prospect of any plan of conversion, Though the common notion is of a debt between five and six pundred millions, the amount is in reality very little over the lower figure, and it will only be necessary to deal with the half in any operation to reduce the interest, The five per cent debt may bag well be left alone; the | ten- der currency, !f dealt with a4 we think it should, should be dealt with on different unde; the bonds which the national banks are obliged to hold are subject to Congressional le lon, so that with small amount over, to be left for direct redemp- tion, about balf the United States debt, or abuut two hundred and fifty million pounds, is all that can as being in the hands of the public at a high rate of Interest. Stripped of ail exaggerations, this is the solid fact with which American financiers have to deal, and their task at once ceases to be formidable, It may surprise some to be toid that four years after the war which left the Americans indepted in nearly £700,000,000, incurred during the agony of a severe struggle ior existence, there should be no more owing than £500,000,000, and that the amount borrowed from the public at what must be considered the low maximum of six per cen’ should be oniy half that sum. But the fact is on the surface, and must itself have an effect jon American credit when itis popularly understood. But why shouid the Americans, paying six per cent now, be apie to borrow in afew months at four? In any circumstances it may be said the change 1s too great to be conceivable. But strange as it may seem, the unusual clreumstances of the present case appear strong enough to jusufy an approach to it. jn a very tew months American credit has im- proved about ten per cent; the six per cents are now nearly at par; another similar improve- ment will make the government master of the situation, And @ similar improvement, or o greater one, may be predicted with safety. fhe new events which bave removed doubis of the national credit are telling more and more, and Wheat Is equally important as public competition increases the amount to be competed for is rapidly diminishing. Mr, Routwell is now redeeming an- nually about £20,000,000, practically a twellth part of tne sumtin the hands of the public; and it ts Impossible to overestimate the effect of that operation on @ limited market. We may. al- Most expect it to work like a New York gold ring, forcing up the article In demand to a heavy premium ata bound, but without the reac- Hon which is necessitated 4 @ merely artificial withdrawal of vne supply. @ question at least will very shortly be one of American creait as com- pared with that of railway debentures or the stocks Of other governments or any first classé security—the quantity of American stocks being no longer an ob- #lacie; and when that Is the case, and all other ex- ceptional circumstances to the discredit of America are removed, it would only be natural that four per cent should be the maximum, as with other first class securities, The scheme 18, more- over, designed to be popular In form wo most capital. ists. By having the bonds expressed in Kuropean currency as well 66 dollars, aud payavle ta Europe, BO little friction {n the anomalous mode of k Exchange, which alw: appear per cent will be avoided, Familiarity with the securities likewise become an easier thing for the multitude of European investors, It wil quite consistent with the scheme, we think, to have no formal borrowing in Europe; but whether that be so o: not, Ameri- cans, in adopting it, will only recognise practically the actual fact that borrowing is profitable to them, and that sf they will borrow they m borrow from abroad. It is peculiarly difficult to understand the American ‘point of honor” about borrowing from abroad, As Mr. Bowles points out, America in truth a “cosmopolitan” nation. Its lory should be to strike its roots deeply in the Old ‘orld, which has made it, and by every kind of association propagate its nawural isfuence, and Suey ae reciprocal aid which the Gd World can ris! Looked at closely, then, the Amerian project of substituting @ cheaper debt for the present dear one does not appear extravagant or wreasonavle, It ia the natural result of advancing credit and a supply diminishing with the increase o demand—all the co-operating circumstance 8! in great force, A great deal more might be urged, if aot in favor of the plan discussed, at least in favor of the more moderate ideas which Mr, Boutwel. nas allowed himself to entertain, The Americsns, however, confident in their own system of paying debts off, may bear the disadvantage with equanimity, just as they shun the Seerineap fprees Tee European precedent of reducing the intereat by swelling the nominal capital of national debts, GERMANY. The Late Shocks of Eurthqunke and Their Results. The shocks of earthquake of the sith and Slat of Uctober, reported from Germany by cable, were most distincuy feltat Frankiort, Wi¢sbaden, Darm- stadt, Mayence, Uffenvach, Eberstad), and Giessen. A correspondent of the North German Correspond- an describes the shock of 81st October in Frankfort as follows:— At twenty-six minutes past five o'clock we experienced ® shock of such severity that every object Inthe room began to oscillate in a strange and alarming manne. This continued for three or four seconds, the directioa being from east to west. The house was shaken to its very foundation. ‘The writer adds that he tottered on his chair be fore the secretary at which he was sitting. The movement, as well ag he could judge, wag undula- tory. ‘The shock far surpassed in violence flee! of the Kind previously experienced in that part ol Germany. We find in another communication from Frankfort:— = Five of us were sitting at a round.table in the second story of the house, when something like an elictric shock seemed to pass through us ail simultaneously. At the same moment our chairs and the ground under our feet began to oscil- late in an incomprehensible manner; the windows of the new solid stone house clic! as if struck by asudden blast from without, and the doors creaked as if pe distant door on the same floor had been closed by me one with a violent clash, There was, however, neithor wind outside nor any person in the adjoining rooms. After ving vent to our astonisument and affright in a cry uttered in unison we observed that the lustre in the middle of the room was swinging like a slow pendulum. In Russelsheim on gethnects f eeveral chimneys were overturned by the shocl ‘On the 1st inst. another shock of earthquake was. felt at Frankfort, and is described by a correspondent of the Cologne Gazette, in a letter dated November 2, in the following teri The inhabitants of Frankfort and its neighborhood were startled las: night at @ quarter to twelve by an earthquake shock more serous than any of the preceding. Your cor- Fespondent will not easily forget the feeling of terror with which he awoke from sleep nor the sensation of giddiness with which he was suddet seized. The shaking was so violent that the furniture rocked, and I have he: that in @ house on the Mayence road the. piaster of the ceiling fell, and the terrified inmates sprang, out of hel bess, believing the house was about to fall, and hastily struck # light. The grand focus of the subterranean commotion Qppears, however, to have been Gross-Gerau, be- tween Mayence and Darmstadt, as we learn by the following interesting aetails in the Frankfurter Zeitung:— @ The numerous shocks of earthquake to which Gross-Gerau has been exposed for the last six days are beginning to as- sume an alarming character. Since the night of the 2éth to the 27th of October, in which the tirst gentle heaving was per- ceptible, not less than 200 shocks—aeven of them violent—ac- ‘companied by subterranean thunder, have been experienced. 1@ 29th the undulations were frequent, but more curious u Geyer? On the evening of the 30th, however, a vio- lent shock was felt at eight o'clock, which'was repeated at half-past eleven and again at one’ o'clock in the morning. On the Sist two severe shocks occurred at a quarter past twelve and a quarter to four res; & ithird at twenty ‘minutes past five in the alternoon. 1 latter was so violent that the chimneys tumbled over, the plaster fell off the cellings, and lamps and bottles on the table had to be held fast py'the hand. Dogs ran terrified to their masters, horses broke loose from their mangers and men, women ‘and children ran out into the streets. The wealthier inhabitants took the rallway train to seek refuge in the adjoining towns, The remainder passed a woary aud anxious night Hstening to the low and continued rumbling beneath their feet. After this the shocks, ,though frequent, were leas severe till a quarter to twelve on the night of the Ist of November, when a violent undulation was again felt, foliowad by a succession of minor earth waves. The inhabi- tants are in the greatest terror, and apprehend for their little town the fate of Lisbon. RELIGIOUS INTELLIGENCE. Religious Services To-Day. Bishop Snow will preach in tne University, Wash- ington square, this afternoon, at three o’clock, on ‘Spirits of Demons.” At the Everett Rooms Mr. N. Frank White will speak before the Society of Progressive Spiritualists at half-past ten A. M. and half-past déven P. M. Rey. Dr. Verren will preach this morning at half-past ten o'clock, in the French Church du St. Esprit. A series of discourses on “The Family” will be preached on Sunday morning in the Spring street Presbyterian church, near Varick street, by William ‘Aikman, D. D, Topic to-day, “The Wife and Her Duties." At John Street Methodist Episcopal church Rey. William P. Corbit will preach at half-past ten o'clock A. M., and at sever P. M. The Church of the Puritans will attend divine service today In Apollo Hall, corner of Twenty- eighth street and Broadway. Preacting by the Rev, Dr. Cheever at half-past ten o'clock, on “The Stew- ardsbip of Truth.” Rey. George Hepworth will preach in the Church of the Messiah, Park avenue, this morning and even- ing. Subject in the evening:—‘Money, the Way to Get It and the Way to Use It.” At the Murray Hill Baptist chapel, Lexington avye- nue, near Thirty-seventh street, preaching at half- past ten A. M. and at seven P. M, by Rev. S. A, Corey, D. D. At the Church of Our Saviour (Sixth Universalist) Rev. J. M. Pullman will preach at a quarter to eleven. A.M. and Rev. A. J. Canfleld at half-past seven P.M. At the Church of the Reformation, Fifteenth street, between Second and Third avenues, the Rev. Abbott Brown will preach at a quarter to eleven o'clock in the forenoon, and at a quaiter to eight in the even- ing. Atthe Church of the Strangers, large chapel of tho University, the Rey. Dr. J. Ralston will preach at half-past ten o’clock in the morning. and the Rey. Dr. kay Palmer at half-past seven in the evening. Rey. N. L. Briggs will preach this evening at nalf- Past seven o'clock, on the ‘The Living Wonder,” tn the Protestant Episcopal Church of the Reconcilia- tion, East Thirty-first street, At Zion church, Madison avenue, the Rev. N. H. Chamberlain will lecture this evening, at elgnt o’elock, on ‘Henry VILL. and His Divorce irom Catha- rine.”” The Rev. Dr. Henry Martyn Scudder, of San Fran- cisco, will preach this morning, at half-past ten o’clock, in Rev. Mr. Garise’s church, West Twenty- third street, between Sixth and Seventh avenues. Rev. G, F. Penticost will preach in the Calvary Baptist church, West Twenty-third street, between Fifth and Sixth avenues, at half-past ten A. M. and naif-past seven P. M. Rev. 8. A, Corey, D. 1)., wi!] preach In the Murray Hill Baptist chapel, Sunday, at half-past ten A. M. and half-past seven P. M. At St. Luke's Methodist Episcopal church, Forty- first street, near Sixth avenue, preaching at half- past ten A, M., by Rey. John Mcvlintock, D. D., and ‘at half-pust seven P. M. by Rey, John Emory. At St, Stephen's (Episcopal) church, Home chapel, 29 East Twenty-ninth street, Rey. Dr. Price will preach in the morning and the Rev. Dr. Weston in the evening. A sermon on behalf of the Shepherd's Fold will be preached by the Rev. 0, M. Butler, D. D., of Phil- adelphia, at the Church of the Holy Trinity, Madison avenue, corner of Forty-second street, this evening, at half-past seven o'clock, VENEZUELA. Success of the Government Troops at Marn- caibo—Puigar Seeks a Refuge on Board a English War Vessel. PUERTO CABELLO, Oct, 30, 1869. The steamer Irene, captain Griffin, which arrived here from Maracaibo and Curagoa, brings the news of General Galan having occapied the town of Maracaibo and the castle San Carlos, and the government vessela having crossed the ber General Pulger was obliged to take refuge on board the English gunboat Cheviot. From this it ‘Will be seen that the government authorities are in Possession, and the port will be wo open for commerce ipmediately. ‘ SOUTH AMERICA. The steamsnip North America, Gsptain Slocum, from Rio Janeiro, the 26th uit., via st, Thomas and other ports, arrived here yesterday. She brings news up to date of sailing. THE PARAGUAYAN WAR. » Brazilian Account of the Hunt After Lopez— Count D’Eu’s Soldiers and the Contractors— Reported strength of the Paraguayan Army~Whereabouts of Lopez. RIO JANEIRO, Oct. 25, 1669, The Comte d’Eu’s movements had been delayed 80 long, on account of the failure of the contractors to keep the army in rattons—owing, they alleged, to their vessels grounding in the Parana and Paraguay, which are unusually low. Food was so scarce in att the camps and garrisons that for several daye no meat could be served out, and the goldiery had to live as they best could upon mandioca meal and roots and sugarcane. £verything eatable in Asun- clon was bought up for the troops. Even small boxes of sardines were purchased at a dollar each. The sol- diery accused the contractors of being traitorously allied with Lopez to keep them from moving, and it was found advisable to put the camp agents under guard to save them from being killed. To add to the diMculties of the time the stores of coal at Asun- clon were completely exhausted, so that the govern- ment steamera were crippled. Heavy charges are made against the Brazilian agents in Montevideo for thelr neglect to keep up the supply of coal, but itis probable they are embarrassed by the want of money. According to the Inst dates the Comte d’Eu com- menced his march on San Estanislao upon the 8th or 9th of October from the river town of Rosario. San Estanislao is reckoned at fifty miles from Rosario, and it would require at least a week to reach 1s, From San Estanisiao to Curuguaty is given at sixty-five to seventy miles, ‘Therefore, if Lopez has moved to the latter place, as 1s now said, there can be nothing dune before the beginning of November at least. San Joaquim, which Was ceoupled y General Resin, 1s only thirty or forty miles from Curnguaty, but a great forest intervenes. The difficulties in regard to supplying a Jarge force at San Joaquim will probably prevent the troops there effecting much, as the Caaguazu range, which had to be crossed by General is com- pared by that General, who 1s a Swiss by birth, to aving Alps to cross, Some deserters from Lopez say he has 4,000 men with him, and over twenty cannon, but that only 1,000 of his men are tit to fight, and that he has no horses and very little ammunition. The Brazilians occupied Villa Rica, and General Portinho, leaving a garrison im it, marched pack towards San Joaquim, skirting the mountains of Caaguazu on the east side. ‘Troops have also been sent to Concepcion, so that the piece of Paraguayan territory not controlled by the allies is only about 200 miles from east to west and 150 from north to south. It is, however, the most tmaccessible part of Paraguay, consisting chiefly of a great mountain chain and of large forests. The Brazilians have turned over to the provisional government all their captures of tea, hides and eaten Sour 2 the mnclainet hones at junction. The Atgentings ruckons before doing the same. The ak San government nominally sends a thousand men with the Comte @£u, but the allies pay the bill The government mone of tea gathering and logging have been abolished. Asuncion is very gay. It has a theatre and fre- quent balls. Sovereigns are the current gold coins and the silver are Bolivian dollars. Ten cents is the lowest current and this igs manufactured by cutung @ Bolivian dollar into four pieces. Excl 1s eighteen and seven-cighths pence for bank paper. Sovereigns, 121900, BRAZIL. Adjournment of the Brazilian Parlamont= The Government in a Fix—Speech of the Emperor—Shipwreck on the Coust—Sterm— Departure of Bishops for the Roman Catho- lic Council. RIO JANEIRO, Oct. 22, 1869, The General Assembly of the Empire of Brazil closed upon the 15th, after four prolongations, to enable the ministerial budget of income and expen- diture for 1369-70 and 1870-71 to be voted. However, the thing could not be effected, as not even the sup- porters of the Ministry would go to the Senate to permit the bill to be carried through its last stages. The government has, there- fore, to carry on until the sessions in May next without legalized estimates of expendi- ture for any department, and with only the financial means accorded by prolonging the est mates of 1868-69 until June 30, 1870, to which the clauses authorizing the increase of forty per cent tn the fixed duttes have been added. The resolution to Unis effect passed the Senate upon the 7th of Octoper, and the amendment to it was considered and ap- proved on the 9th by the Chamber of Deputica, after which this Chamber sat only one day. The bill granting a guarantee of five per cent. in- tefest on a further sum of £465,000 sterling expended or wasted on the construction of the Pernambuco Railroad passed the Senate on the 10th, and was read the same day in the Deputies, No House could be got together until the 13th, when it was received with decided hostility, notwithstanding the Minister of Agriculture had pledged himself to the company to get the bill approved this year, and notwith- standing 1¢ had been approved three years ago by the Deputies, to whom it haa come back through the Senate, having separated is from the bill to which it was annexed. A motion to lay it over was, it is true, rejected; but the House could not be brought to a vote that day, and the members took care not to attend next day. Thus the ministerial pledge nas been forfeited, and the London divectors are again free to denounce the “Trojan faith” of Brazilian governments and badger the unfortunate Brazthan Minister tn Londen, through whom the pledge was made. ‘The following ts the speech with which the Em- eror closed the sessions:— AUGUST AND Most Wortuy REPRESENTATIVES OF THE ATIO! T have the satisfaction to inform you that during the term of the present legislative session the public tranjuillity has Temained unaltered in every part of ‘the empire: and: that relations with foreign Powers have continued in’ the same condition of good understanding and friendship, The agreement for the organizing of provisional ment in the republic of Paraguay Was signed on the june. a the bravery and constant devotion of ol i ‘of last 16 gallant fell is under command of my much beloved and prized sone w, Army Marshal the Comte d’Eu, sustaining our jonal honor upon the enemy’s territory, and to the vatu- le co-operation of our allles, we owe signal victorios whioh in August expelled the forces’ of Lopes from the important positions they occupied. ‘While the enemy flees to the extremities of the Paraguayan territory, the, people, freed from the yoke which oppressed them, are showing by irrefragable demonstrations their ad- hesion to the provisional government installed in the capital of the republic, Full of rejoicing, I cherish the best grounded hopes of soon seeing the war conclnded in a manner worthy of the Brazl- Man name, and the time arrived for us to turn our attention cially to internal affairs, in the remembrance of such Glories dnding further stimulants to pledge ourselves yet the more to the aggrandizement of Brazt I thank you for the means with which you have enablea the government to provide for the needs of the publio service, The importance of the measures initiated this year bears testimony to your enlightened solieitude, and the patriotism which ever inspires Brazilians alfiances that the reforms urgently called for by our legislation will be passed in the next logisiative session. guat and most worthy representatives of the nation, I trust that when you are restored to your provinces you Will be the best counsellors of our citizens in whatever affects the public good. ‘The aession 1s closed. A large iron vessel, named the Royal Standard, was wrecked upon the northern coast of Rio Janeiro on the 10th, She had encountered heavy storms on the 26th to the 28th of September, and on the morning of the 20th her bowsprit smashed off aud was followed by all her masts, which were iron and with wire standing rigging. She was got under jury sail and steered for Kio, but whether from the compasses having lost their adjustment, or some other cause, she got into the currents running to the north and was carried on the bank of San Tnomé, five miles from the shore. None on board seem to know where they were, anda boat sent off to land the women and chiidren triea to do so om the surf-beaten shore, instead of gomg & lite north or south, 10 St. John da or to Macahé, In trying to land the boat upset, and eight passengers were dro’ four women and four children. All ube boats but two were smashed during the failing of the masta, but the rematnder of tho seventy-three persons were saved by ing Vessels and taken off the ra(ts they made, The English here have raised about $2,600 for tho wrecked passengers, they having lost every- toe Basie of the women even their clothes when the boat upset, The women who escaped were very kindly treated by the Vicountess Araruama, whose plantation they finally reached, and who nearly stripped her own daughters to furnish them with clothing, The first alt of October was distinguished by heavy gates in the River Plate, and several wrecks occurred, one: Beg are the h barks Stanton mi tvodint, British brig sohooner Petrus and the German brig Adonis, The American bark Mary O’Brien was destroyed by fre out at sea, but her crew were rescued. The destruc- tion of coasting vessels Was also very great, Four bishops leit Rio for Rome on the 24th the Janeiro, the Bishop of the Bishop of P: and the Bishop of Santa ‘The Bishops of Para, Pernambuco and Rio Grande do Sul also steamed from Pernambuco Inst month, so that Brazil will be representod by four and the er ne Bishop of Rio took with him about. e000 and vari- ous other presents for the Holy Fathor. The satin foal papera are out with ‘toons representing the bishops shearing their flocks before their deparwure and showing se aifecting farewells takeu Of them by tuo olergy.