Subscribers enjoy higher page view limit, downloads, and exclusive features.
a “MONEY CRISIS IN EUROPE. A Glance at the Financial Prospeets of Eng- land and France. GERMANY ABSORBING (HE WORLD'S COIN. How American Stocks aud Bonds Are Affected. @be Fato of England and France Financially Linked Together—Financial Condition of Eagiandé—How France Stands—Bismarck’s Finger in the Pie=Tue Rise in the Rate of Discount of the Bank of England—Effect of the Unsettled Condition of the Country on the Moncy Market. Lonpon, Oct. 7, 1871. Financial barometers indicate a coming storm. It does not seem possible that so large a part of the specie capital of Europe as France owes to Germany can change ite place, ana change its place on the necessary conditions of the payment, without such & disturbance of the equilibrium as must Involve disaster. France begins now to see what at seemed somewhat surprising she did not see dur- ing the war, the disappearance of coin and the de- ‘preciation of paper, and, as she sees this already early in the second mililard, what curious spectacles may she look upon ere she nas closed up the dread- ful sum of her account. ENGLAND'S FATE 3s In a very great measure linked with that of France in the financial trouble, and she begins to find out how naturally, necessarily and inevitably the two countries are bound together in alliance stronger ‘Shan any that governments directly make. It would de a strange piece of retributive justice if England should yet pay by commercial calamity the penalty for that neglect of her neighbor which gave Bismarck such a hold of tne finan- cial reins of “Europe. But the thousand points of contact socially and commercially ahat will give England an unpleasant sympathetic experience if France stumbles under the enormous Durden of one milliard annually of interest on her obligations present only the least threatening, be- wause Jeast obvious feature in the case just now. rar more immediately important is the fact that, h gold not having been forthcoming, English yrold has been called for—that ‘British gold,” which has sometimes given American patriots the night- mare—and terrible bills are payable in this sub- Btance, That Titan of Shylocks, who governs Europe trom Berlin, has John Bull in his bond Zor pounds enough to weigh a royal merchant Yown—and Jomn must pay when Bismarck jwills it. Nor is Bismarck the man to consult John’s ‘conventence as to the time. It 1s certain that he will only regard that convenience in so far as is natural to @ creditor who would not injure a dept by too much embarrassing the debtor, A CUSTOMER FOR SPECIE. France has suddenly become a customer for specie—a customer with an appetite like an earth- quake, and whose needs are so urgent that have the commodity she must, whaiever price she may be forced to pay. With. this customer in whe market the quantity of the article she is forced to buy re- Maina the same, and consequeatly the price goes up. At has just begun, At THE BANK OP ENGLAND the rate rose from two tolour per cent within a week, and it must go higher. To-day it has ad- ‘vanced to five, ana as the price of specie goes up all sorts of securities will be forced into the market to guch a degree that panic may come at any hour, Unusual quantities of stocks are already forced for sale, with few buyers, As this condition continues Bad the needs of commerce become more pressing Something must give way, the more especially as the cause of derangement is still in operation and will not have exhausted its power for very Many Bays to come, As the case grows worse some man with heavy contracts will go down, the man imme- ‘diately behind will go down on him, and so on with the whole connected range of financiers. Just now this seems inevitable. THE FINANCIAL CONDITION OF ENGLAND. Writers here congratulate themselves that the Qnanctal condition of the couutry 13 sound, and that, therefore, the storm may be faced with safety; but there is a possibie trouble they do not seem to consider. This les in the social condition of tne country. how is England prepared to face a dis- turbance of ali the relations of labor to capital that is a necessary consequence of a general change in prices? No country in the world was ever less prepared; in none was danger from this cause ever more imminent. As gold rises wages go down, and che laborer feels this at once, Prices of commodities go down too; but he does not find that so soon. Worse still, as gold rises dozens of causes conduce to stop the mills, and armies of operatives are thrown out of employment, Let it be remembered that the English beast of burden already has on his shoulders the last ounce that he can possibly bear. Sixty per cent of the people of England live to-day with just enough and not a mouthful more—tive, indeed, on “the thin line’? that separates suficiency from starvation. PROSPECTS. With a change, however small, they will be with- out bread and food. Riots will come in every city, and when they come it will be seen that British ferocity will not yield its olden palm to the doings of the Commune, The Fravkfort Bourse—American Stocks. FRANKFOR?, Oct. 6, 1571. Our Bourse is animated, and though money ts dear by the wrongheadedness of Prussian officials, who tock up the gold of the whole world in the fortress of Magdebourg, people believe that it ‘must be re- leased one day or another, and then we shall have @ plethora. In fact, nothing can be more prepos- terous tuan the collecting the gold of the Bank of England and that coming from France, together with the silver coin of Germany and the proceeds of the foreign bills, which were part of the first con- tribution, in the vaults of a fortress to no purpose whatever. Our speculators are so far justified in their views that so ridiculous a measure cannot last. Where will France find the remaining three mul- uards when gold is shut up? Where shall English bankers get the moneys they are prepared to ad- vance to France when the stock of gold of the Bank of England is exhausted’ Where shall the English who have taken the new five per cent American loan, and must pay for it, get the money necessary to reimburse German hoiders of 1852 bonds? There is already £20,000,000 sterling shut up, and red-tape will swallow the gold yet remain- ing in circulation if not remoustrated with and told that they are not justified in so impeding the trafic of the whole world by their stupidity. It looks like a joke, but it is horrible earnest. 1115 an act of folly, whion is only possible by the bureaucracy interfer. Ing in commercial affairs, anu, just like the magni- tude of the contributions, quite a novelty. American bonas have been very du'l hitherto, the reimbur- Babies being sold, and the money not lnvested in other six per cents, as capitalists do not like to be disturbed by reimbursements. In mortgage bonds very little is doing, only Missourl, Pacife and South Missourl are in good demand. The Issue of $1,000,000 eight per cent Stockton-Copper- Opolis bonds nas succeeded. Those tried this week Of $900,000 six per ceat Lexington and St. Louls bonds at 75, and $2,500,000 six percent Buflalo, New York and Philadelphia bonds, have only a par- tal success, Spanish are in request, the state of the country belng more settled than hitherto, There are scarcely any transactions in Austrian stock, People 40 not trust a government which cannot be bound by promise or oath; besides, the Vienna Bourse is disturbed by a want of money, and this must be attributed as well to the political condition Of the Country, aa there 1s no lack of circulating me- dium in Austria, where paper currency can be cre- ated to any extent, Foreign bills are dearer; Lon- don, at 117% by the raise of discount; Pans, which was up to 92, is again offered at 91, as a consequence Of the stream of money from France to Germany, Atmé Girard, sub-profeasor of chemistry at the School, Paris, has been appointed full prem at the Conservatoire des aris-¢l- Meiers, the piace Of M. rayen, deceased, NEW YORK HERALD, WEDNESDAY, OCTOBER 25, 1871.—TRIPLE SHEET. NATIONAL INSURANCE CONVENTION. Sixth Day’s Proceedinges—Animated Discus- sion on the Question of Taxation—Mr. Clarke on Lapsed Policies. The proceedings of the above Convention were resumed vesterday, Mr. BREESE, of Wisconsin, offered a resolution setting forth that provision for the amalgamation of such life insurance companies as desire to avait themselves of it should be included in the insurance laws of the several States, and instrucung the Com- mittee on “Winding-up” Companies to devise ap- propriate legislation for this purpose. The resolu- tion was referred to the committee. ‘The report of the Committee on Muscellancous Business, go far as it relates to the resolutions re- ferred to the committee, was adopted. The report Tecommended no action on the part of the Conven- tion in regard to the resolutions for memorializing Congress in regard to the Bankrupt law, and for the establishment of a marine insurance intelligence ome. Mr, Skeels’ resolution, setting forth that it is de- Birable for States to enact that no policies shall be issued on the lives of their citizens for terms ex- tending beyond the age of seventy-five years, was jaken up and referred to the Committee on Legis- jon. Mr. MiLurr, of New York, offered tne following, which was laid on the table:. ‘shat by the great fire at Chicago and the consequent appli- cation of nearly fifty millions of insurance capital to the re- Lief of that city from outside the State of Hunols, tn the opinion of this Convention these great truths, among others, ‘are most forcibly demonstrated :— First—The vast importance and beneficence of a reliable insurance system, embracing an amount of capital adequate to such emergencies and the gencra! business dowands of the Whole cOmMUDUT. ss tolty and oa ae com I~ absar folly and impotence of any State excluding {rom ite borders good companies. from. outside of {ts own limits, or of imposing as conaitions of their admis- sion onerous requirements, Third—The imperative necessity of that uniformity and reciprocity whieh It 18 the great object of this Convention to omote. Pippu,th--The charging by companies of adequate premiume and the laying aside on the day of prosperity of exiraordi- nary reserves to provide against the hour of adversity. Mr. BREESE, from the Committee of Taxes, Fees and Deposits, moved the following:— That inthe matter of taxation, as in other matters co nected with insurance, we believe in uniformity and full re- ciprocity between the ‘different States; therefore, whiln we recommend that every State be left to regniate the taxation of its own companies, your committee would suggest that a x of two per cent of the premiums received by eve! insurance cmpany in every State for the year next preced- ing the date of its annual ‘statement, after deducting from wuch premiums the amount actually pald policy holders for losses therein during the same period, should be charged in every State, except In the State in which it 1s organized, to be in lieu of all other taxes, Mr. Garng offered the following amendment:— ‘That it be recommended that the uniform rate of taxation be one per cent on gross premium of fire i ee, and half per cent on premiums of marine companies, ‘and that life companies be assossed half per cent in every form of policy terminating at the death of iusured, and one per cent on every form of life policy. An animated and earnest discussion followed on this question, which was continued until four o'clock in the afternoon, when it was further ad- Journed untii this morning. On motion of Mr. HARVEY, of Illinois, the follow- ing resolution was submitted, in order that Mr. Clarke, who could not stay over the then session, might be in order in giving his views:— That if any company organized under the laws of any other State having a lower standard for the valuation of life insurance polices than the actuaries’ rate of mortality and four per cent interest shall desire to enter or commence to do business in any State having tve higher standard it d mitted to do so, provided that such company special reserve in addition to that determined tanderd of one-tenth of the difference between nd higher reserve, two-tenths the second year, increasing one-teath each year until the full four per cent is established, Mr. CLARKE, of Massachusetts, supported this resolution m an elaporate speech, and expressed his firm conviction that 1t would not be safe to trnst to a four per cent reserve, and that in this opinion he was strengthened by the judgment of the in- surance world, In reference to the question of dividends he was satisfied that there had been in the State of Massachusetts $254,000,000 of lapsed policies In 1870, and from that source many companies had declared a divi- dend, He was of opinion that it was absolutely hecessary that something should be done 10 stop Luis wholesale slaughter. On the motion of Mr. MILLER the resolution of Mr. Harvey was ordered to lie upon the table. The Outline of Drait of General Insurance Law,” by Mr. Olcott, was delivered to the members. A Joint Special Commission for the compilation of A fulland complete American experience table of mortality was appointed. i ‘The Convention then adjourned until this morn- ng. REAL ESTATE MATT&RE, An Epcch in the Real Estate Market—Sale of the Spofford Estate. Yesterday was a day of special interest in the real estate market growing out of the sale, by order of the executors, of a portion of the estate of the late Paul Spofford, comprising propercy on Broadway, Fourth and Ninth avenues, West, Washington, Thirty-ffth, Seventy-second, Seventy-third, 117th, 118th and J3ist sireets, and including. the well known St. James Hotel. The attendance at the salesroom was very large, attracteu by the excep- uonal character of the sale, and was made up of the best class of real estate operators, Bidding was brisk and spirited, and the result of the sale such as to give confidence to real estate owners. Of its furtber !essons we Will take occasion to speak more at jength again. The hotel was purchased In interest of the heirs for $410,000. It was purchased Febru- ary 21 by the deceased on the occasion of the sale of THE IMPERIAL PRINCE. ALEXIS NOT YET ARRIVED. Programme of the Reeeption Committee. ORDER OF SAILING UP THE BAY. Murmurings from the Fleet Off the Lightship. _- It would appear that the dense fog which hung over the water off Sandy Hook on Monday night and the whole of yesterday gave rise to considera able misapprehension, alike in the minds of the old mariners, and the fresh water sailors, with reference to the arrival of the Russian fleet, The pilot wno brought the ocean-going steamer Oceanic inco port yesterday morning reported that the long-looked-for vessels had arrived in the offing, and this was tele- graphed to several evening papers, in which it subsequently appeared as authentic in- formation, This intimation created a good deal of excitement, and literally started some of the Executive Committee on the “run,” ag all the details, such as printing ana other minor matters, had not been quite completed. Messengers were sent to every quarter where there was a likelihood of receiving the correct news, but in a short time each of these returned with the same story, that the pilot ‘must have made a mistake.’ 1t 1s supposed that he saw the American war vessels which are lying anchored off the shore opposite the lightship, but being unable to distinguisn clearly the character of the vessels, owing to the fog, he concluded they must be the Russians. Indeed, for the past forty- eight hours the fertile imaginations of some of the indtviduals on the lookout have construed every steamtug or foreign going vessel into a Russian “man-o’-war.” It is certain, however, that If the royal convoy has been retarded by no special acci- dent or uncommonly adverse circumstances they cannot possibly be far off. The commi:tee appointed to recetve the Prince have drawn up the following programme:— OFFICE OF 1H® EXRouTIVE ComMITTRE FOR THE RECEPIION OF NEW York, Oct. 24, 1871. The following order of arrangements is published for the information and guidance of those who will participate an the reception of the Grand Duke Alexis :— Fird—Members ot the Executive and Reception Commit- tees, with their ladies, invited guests and members of the ress, having tickets properly endorsed, will assemble on oard the steamer Mary Powell, at pier 39'North River, foot of Vestry street, at ten o'clock on the morning after the arrival of the Russian fleet in the Lower Bay. ‘Seroul—The steatuer will start down tue. Day punctually that hour and take her position in front of the escort of ves- sels, and when off the Battery will receive on board the Grand Duke and his suite and convey them to pier No. 1. » Third—On arriving at pler No, 1the Grand Duke, his suite and the Executive Committee alone will land and be as- signed to the carriages in waiting. The steamer, with the Reception Committee and ladies and invited ‘guests on d at once up to the fvot of Fourteenth will be in readiness tu convey them doar, will then proc street, where omnibu: to the stand on Union square, from which they ean witness 6 para Fou: th—The committee request that at the landing at pler No. every effort will be made to prevent the least confu- sion, as itis the earnest desire of ali interested that the re- ception of Russia's representative shall be in every particular most diguiiied and retined. JAMES MONTGOMERY, Secretary. After everything has been completed and the fleets are ready to start up to the city Vice Admiral Rowan, in conjunction with the Executive Cominit- tee, has arranged that the fleet and convoy shall form into four lines outside the bar, ‘The shore line next to Staten Island will be com- posed of five yachts, representing the New York and Brooklyn Yacht Clubs. The second line will be composed of the American fleet, headed by the flagship, carrying the Vice Admiral. The tnird line will consist of the three Russian vessels, Jed by the Svetiand, having on board Admiral Pos- sietand the Grand Duke, and the American war ler Tallapoosa, ‘The fourth, or Jersey shore line, will be fivé jach's, representing, 1t Is Understood, the Atlantic and Hoboken Yacht Clubs, At the head of the entire fleet, betwecn the American and Rus- sian war ships, slightly in advance of both, the Mary Powell, with the Reception Committee on board, will take ber position and lead the way to the Battery. ‘The following is the arrangement as the vessels will appear when passing through the Narrows; and, should the weather be fine, it will be one of the finest and most exciting scenes ever witnessed in the harbor: ORDER OF BAILING. Committee Steamer—Mary Powell. the estate ol the Jate Mr. Tilesion, Mr. Spofford’s former partner, for $291,00), The aggregate result of the Spofford estate sale yesterday was $780,270. Sutjolned are particulars Of this and otuer sales made yesterday:— , iat 1 Jot, adjoming, 1 lot, adjoining, 1 lot, 13) 0: oust iuing, Jot, #8 18Lat sty adjoining, I lot, adjoining, EF. P. Fairchild } Jot, adjoining, B: Py Fairchild. P. Fairchild Liot, n. w. corner 4th id 130 1 Jot’on 4ta av., adjoining north, C. F. Houzh... . 2 lots on 4th av., adjoining north, W. 8. Brown... 0 Lot, 8. w. corner 4th av and 131 W.8. Brown... 6,000 Blots, w. «, 4th av., adjoining 80 Llot, a. 8. 15 90 feet w. of 4th ar lots, John Ross... Max Wei B. P. joining ai di at., 250 ft. w. of sth ay. Ww. of Sth at 2% ft. 2d at, 100 ft, w. of 9b av., D. I Fairehiid., fad ats, 250) ft. w. 0. 9th av., Max Weil. Tad at. 2007, w. of Sth a ©, Thoi Bd at., 175 (1. w. of Mh av., Max Well. . 160 tt. w. of Sth av., Max Weil. 1 lot, a. 8. 731 at, 125 ft w. of tb 1 lot, s. w. corner Sth av. and 74d 8 lots, adjoining same, on 9h w 1 lot, 109 1 w. of 9 Broadway, 27100 f1., Jobin Kom lames, 4.*x109.1, Joh Ross. oes . Wad st, 270 11. of Ist ay., Lewis J. Phillips 50 ft, #. Of Sth st,,’ Terence Farley... 178 {¢. w. of av. B, Michael Brown 19s ftw. of av. B, James Meagher, . + 4500 reli. 10,000 4,800 263 ft. w. of av. A. L, Ludovicl. io 4 B, L. Lndoviei Tiot,'n. 8. Henry of Herbert at. Brigg 42. b. 8, house and ‘ay. Ot 21x100.5, 5a. big. boure and Jot n. «. 57th . lot 16.8x100.5, Joseph Schieisinger. . 11,750 . Je BLEECKER, SON AND CO, house and lot, No, 246 Carroll st, # , corner Court at, 29.5x100, A. J. Galbraith. . 29,500 GRAND EAPIDS (MICH. ), BPOPFORD RETATE—Y ¥. H. LUD- VOW AND 00, Twelve lots in Grand Rapids City, Mich Shelton, virision, M on Pulton, eple, Cherry and Oaks ste, exch res in Kent county, Mic! DOMESTIC DIFFICULT A Mother Seizes and Daughter—Unsuccess ul Pursuit—iiow They Do These Things on the Hudson. On Monday afternoon a carriage, containing two mon and two women, drove up to the resideuce of Mr. Simon Vra- denburg, in Washington street, Newburg, One of the women was the wife of Luther Vradenburg, brother of the oceupant of the house, and the other was her mother. The names of the men have not yet been ascertained. The expedition had been undertaken by Mra, Luther Vradenburg with the view of re- raining possesmion of her daughter, alittle girl three years Of age, who, on the separation of her parents in March last, had been placed by her father in the care of his brother Simon. The attempt was resisted by Mrs. Simon Vraden- berg and several other women living in the house, Car the raiders, led Luther, were miccessful, ter bu ol opponents around in @ ry livey manner breaking open a door, in obtaining po of carrying off the chili, ‘The infant cried violently and was unwilling to go with her mot The affair took place ia the midule of the afternoon and no men were jut Lo interfere with the oper- ations of the raidere. When the later had re-entered the carriage the elder of the two women yelled out to the couchman, “Drive like heli to the Mud Hole’—a locality en the ‘river, about four miles north of New: burg, Reaching that place—whither they went to evade the pollve—they were ferried across the Hudson in a amail boat to Low Point, where they took the Huw ell train for Poughkeepsie. On reaching that city they waited for the Sa- ratoga and proceeded to Rhinebeck, where, it is sup- posed, hey crossed the river to Rondout, and proceoded 10. thd resilience of Luther Vradenburgh, ab Port Ewen. Mr, Vradenburg resides at Athens, and is employed on « barge piying between that place and ‘New York. The Newburg police were notilied, and m warrant having been teeued for the ress of the raiders on tbe war of Sesault ‘and }, the police In purenit, But they mise: the seratoga trata at Dutehees Junction, and ‘when’ they ar: rived at Poughkeepsie by Montreal ress, found that their birds had flown, and were by this e beyond their reach. The gentlemen of the locust returned to Newburg tomewhat crestfallen, and further proceedings in the case will prob poned until the arrival of tuo litte girl's fatner, Vredeaburw m Yacht, U.S, 8, Congress, Russian 3, Svetiand, Yacht, Yachu Yacht. U. 8. 8. Severn R. S. Bogatire, Yacht. Yacht U.S. $. Iroquois, RS. Abreck Yacht Yacht. Yacht, U.S.S, Kansas. U_». 8. Tallapoosa. Yacht As the procession drags its slow length along Broadway the bells of Trinity church will “rmg a merry peal” and extend a cordial welcome to the strangers from their coppered sides. This is to be done by special consent of the pastor and wardens, who do not desire the oid historic sanctuary to be leit out in tne arrangements, Instead of having a stand erected on Union square, facing Broadway, it has now been decided to build iton the north side, opposite Seventeenth street, an’ almost directly in front of the Everett House, placing the front part so that the visitors will be able to witness tne parade along Fourth avenue as far as the corner of fighteenth street. The object of this “new deparcure” by the commit- tee 1s, (hat from this potnt the review or march past can also be seen. The occupants of the stand will consist chieily of the members of the Reception Committee, their ladies and the Invited guests from the Mary Powell, who wii! be landed at the foot of Fourteenth strect and conveyed irom there in omnt- buses to the square. Until yesterday morning it wi understood that the Prince wouid review tne troops from bis carriage, which was to be drawn up in front of the principal entrance of the Clarendon; but in an interview beiween Major Montgomery an the Russian Minister, M. Catacazy, the latter pre- yailed upon the former to agree to aliow the review to take place from the balcony of the frst Noor wine dow. This would seem tobe the best rea as it would leave more room for the guard of honor to deploy in tront and enable them to oceupy both sides Instead of oniy the side directly opposite. The American Ficet Of th htship. OFF SANDY Hook, Oct. 24, 1871. On Monday morning, just before noon, the fleet weighed anchor and slowly steamed out, line abead, beyond Sandy Hook. There was much signalling from our flagship and much manceavring. The four batue ships steamed line abreast out upon the dark waters untii the jand was out of sight and sky and sea met all round on the horizon. The afternoon was warm, the sun bright and the sea calm. The white-winged yachts contending for the historic Cup could no longer be made out, for they had 1ong since been speeding tothe goal afar of under the hills of Staten Island and in view of the light and life of Gotham. The ships are headed about always by signal from the Admiral, and dome back with a more bortherly course than had been taken coming out, A flagship is like destiny, Jt is im- possible to know what is going to happen five minutes algad of the order being given; when that Is formulated @ blast on the boaswain's whistle or a number of strokes on the engineer's gong, per- formance is sure to follow pretty rapidiy. 1 did not inquire what was next, because it is scarcely polite, and if 1 did, why should they tel me, since 1 had to live and learn? We had now arrived about a mile beyond the hideous red Lightship which is eter- nally on te rock—a truly RESTLESS “CRADLE OF THE DEEP.” All hands were piped, “«3tand by the port anchor |" was the next order, and after a Wuile the satlor on the bow cuts tie last lanyar’ holding the flanged anchor with a “One, two, three,” and with a splash and a rattle of the chain the iron monster goes down into the dark water to bury his fangs wherever he can find ahold. ‘The sun was actting in @ glory of gold and purpie over the sombre liguiands in We west, and the water danced and rippled in opaline wavelets to hts dying splendor. As he passed down behind the clouds and hilis the moon, already risen, was shedding her miid refulgence onthe baimy air, and the stare Deeped out in twos and threes, while the unsightli- ness of the lightship was lost In the mistiness, out of which shone hertwo large beacon eyes, The ship witnin was high in its post-prandial happiness; the officers were laughing and ohatting tn the ward- rooms or smoking aud telling yarns on the gun deck. The crew were amusing themselves forward, ag crews always amuse themselves—some singing, some fiddling, some dancing, some reading. The literary sailor on che gun deck forward was at his station by the fixed light, reading aloud toa large circle of admiring and interested shipmates, It is the story of A LOVELY GIRL IN PRESSING DANGER at the hands of an aged proefiigate, and rescued from her perils by a gallant young tar, on whom she bestows her hand. Many are the odd commentaries made by his mixea audience; the aged profligate, to Say the least, is at an immense discount. The re- cording angel nas a supply of teara on hand to erase ail mild oaths in the cause of virtue. The gal- lant tar 13 looked on aa fortunate, The lovely girl is regarded as a species of lottery prize, and does not awaken much sentiment, except when she dis- covers her affection for the sallor, after having made out a hostile cruiser on the starboard bow. ‘Seven bells’ sounds and 1 walk aft to where the acute oMicer of the deck and the midshipman of the watch, with his neat uniform, delicate mustache and pretty face pace leisurely to and fro, the first to the starboard, the second to the port, The Ad- miral aud Captain are below, enjoying their state as easily as captains and admirals may, so I pursue my way aft, and leaning on the great rifled sixty- pounder, look eut over the expanse of waters. It is curious enough, this squadron of a young Trepublic waiting down here to espy, a3 Tar off a8 possible, the representative of the most absolute government, perhaps, In the world, and then fire off loud-tongued cannon and spread bunt- ing from masthead to rall and man yardsto wel- come him, and then sail in stately escort till ne 13 surrendered to the greetings of the citizens of our great metropolis, It ts tiresome to foilow this re- ception business farther than the limits of the sea, but it pleases my fancy to let it out across the waves through which THE STOUT FRIGATE SVETLAND and her consorts are ploughing their way. It can- notrest even there, but buries itself in the mist of centuries and looks back, aye, a thousand years, to the time when Rurik the Great led out his rude and hardy Varangians from the shores of the Baltic Sea nd gave Russia its name and a capital at Novgorod. Spreading out tbe boundaries of its empire, we next see Oleg, the Regent, fix the site of the capital at Kief, a proof ol the rapidity aud extent of the con: quest and rude aggregation attained in the stretch of two lives. Next we see the bold barbarians fiurling themselves in their two thou- sand galleys into the port and against the ver walls of Byzantinm, from which, through all tneir intestine divisions and scenes of blood and rapine that made populous districts into howling wiider- nesses; through subjugation by the Tartars, through triumph and conquest, they have never since averted their eyes, Constantly in this story of the longest surviving absolutism in Europe the curious phase is repeated of all of good learned by the Russians being thrust upon them by their infiexivle masters as men in delirium are treated by the Doctor. Itis, then, with wonder. ing eyes that we follow Vladimir and his innumera- bie army at the end of the tenth century to the gates: of Kherson in¢ne Crimea, when he resolves on be- coming @ Christian, Tae barbarian commences by laying siege to the town, and when he has taken it, carries off as spoil some archimandrites and popes, chalices, images and saintly relics; he has himself bapsiaed, marries the sister of the Greek Emperor and turns Russia from pagan to Canstian, with no more formality than couveyed in the sword-edge and lance point ot his unruly soldiers. Aggin the seat of the empire is drawn back to the north and set at Viadimir. History now moves across the Russian steppes amid the horrors of civil war, assassinations, plunderings and rapine. THE HORDES OF GENGHIS KHAN and Tamerlane, irom the still wilder steppes of Tartary, make Kussia their prey, dictate to its people, Dames its monarchs and reduce it to au Appanage of the Golden Horde. Again, too, see it rise from its ruins with Moscow 3 its canital, ati Ivan Kalita, stili of the family of Rurik, As its Cautious, indetatigable, craity leader, Then, jnder pie bold Dmitri Donskot, tt springs at the Tariaf throat, dud Russia is ireé from foreign rule forever more. Now on the foundation of its au- tonomy rises its autocracy in the form of the most insidious, tron despotism the world bad ever seen, which was formed and perfected by Ivan the Great, and perverted into a terror, beside which all others pale under the reworseless savagery of IVAN TH TERRIBLE. ‘With the rise of Russia as an integer we mark the fall of the small but thr.ving republics of the North— those of Novgoroi and Pohkof. Atlength the race of Rurik was dead, having even ruled at last through a phantom of its name, the false Dmitri, and the*house of Romanoff first steps into the arena of the Czars in the commencement of the seven- teenth cycle, The second prince of the house that stood upon the dizzy height of empire was Alexis 1, and now this fleet is here to-day, waiting to welcome a prince of the same name and biood to the shores of a land which in 1613 was only the merest cradle of the free and mighty nation of to-day. Even when that man, more remarkable than all his predecessors— PETER THE GREAT— had stepped upon the throne, and by the force of his genius ited Russia out of its brutal ignorance with the same rude force as that by which Viadimir had lifted It out of paganism, the land which the son of the Emperor Alexander is on his way to visit was suill unadvanced except 1a @ very small degree. We see the Russians first possess a fleet and win renown upon the sea. For the fifin time the capital is changed, as we see Petersburg rise from the swamps of the Neva like @ dream. As this era of forced enlightenment fits across the stage of memory another young Alexis is seen dying in a dungeon because his father—that same stern reformer, Peter—does not think him worthy to carry out his ideas of Russia's future. We turn, sickened, away from this, and see his descendants carrying out the poilcy of force and finesse laid down by him, uniti around the tradiuons of its rule are ciustered more tales of wriggling diplomacy than almost any other European Power, and totally at variance With wpat one might think the policy of so powerful and united a nation that spreads its rule over two conuneats, LIKE A SILAGGY COLOSSUS, powerful enough by reason alone of its width of dreary territory and the rigor of its cilmate to crush the greatest soldier of modern times in bis mighty attempt to subdue her, when his retreat through the snow Was lit like a spectre by the Names of burning Moscow. Of late, indeed. Russia, under Alex: ander, seems to have shaken off some of her old traditions, and in the emancipation of her serfs has taken the true road to a national enlightenment which no human ukase can call forth, The operations of the human mind are best developed in the process of induction, and as the people find themselves free so they will hunger after the intelligence of freemen. It 1s a sign of the times that, under ap absolute govern- ment, the same cure should be applied toa weak- ness in government as in our own republic, when at the cost of @ bloody warslavery became one of the things that were. It means that one thing has become patent, namely, that the State 13 safest and strongest which counts its force in the mind as weil as in the body. And s0, symbolical of the bent of the new Kussia comes young Alexis, to see in our midst the work which freedom, full, if not perfect, has worked in five ycars short of acen- tury, aud then look back from the PROMISING EMPIRE OF THE OZAR of to-day over centuries of strife and siruggie to 1k the Vongneror and his band oi tlerce Varangi- ‘ans @ thousand years ago. Ali these ecue come like @ train of shadows over my mind. Tmuse and muse upon human power and the stronger wiil of God—tne mighty Cab beef shriveled into a mere word to-day, But I am not long left to these dreamings; a long ro!l upon the drum avd the cheery, shrilly notes of the “ear- piercing fife’? aronse me to the fact that it ts ten Minutes of eight bells—the tme for “piping down.” On roll the notes until all my historic thoughts are dancing @ hornpipe to the tune; and then, with a bang, off goes the eight o’ciock gun followed bj elgiit strokes upon the peil. It is not all silence yet for old Henry, the bugler, walks over to the port oe and, pointing the bell-mouth of hig cornet sky wat and’ seaward plava “sometning soit,” as he called it, with au occasional regretabie twinge, as if the poor old music was aMiicued with incipient asthma, A final vigorous blast and all is over; the gray- haired bugler slings himself into his already slung hammock, and, With his 320 sea companions, sleeps until all ‘hands are calied next morning. ‘The deck is left to the watch and | go below to smoke 4 pipe before curling mayest Hharune snuggery on the deck, just at the a ee eeraite dawns I rise along with it, Rain has been failing and a fog hangs over all, out of which will start, as it were, the rapid, flying form of some pliot boat in quest of Incoming merchanimen. NOTHING NEW HAS TRANSPIRED, Indeed, for us but one event can have any Impor- tance, ‘ana that is the arrival of Alexis, for which ali is im readiness. ——<—— rns NAVAL INTELLIGENCE, John 8, Cunningham, Paymaster of the United States Navy, has been promoted to Pay Director, by order of the President. Capiain Paul Thurley has been detached as Chief of the Staff of the Pacific fleet and Lan os ee i v Charies junting- ton" 0 ete coed trom, the Jamestown and laced waiting orders, Paymaster Ge R, vatking. "has Speen detached from the Jamestown and ordered to settle accounts, Second Assistant I Engineer F, W. Townrow has been detached from ‘he Mohican aud ordered gn walling Orderd THE CHICAGO FIRE FOND. ri THE FOREST FIRE FUND. Money Still Pouring In—Names of the Donors. Below are the contributions made yesterday for the relief of the suffering poor of Chicago as far as reported to tals office. RECEIVED AT THE HERALD OFFICE. Richard Meares... 0 J. Thompson, Milburn, N. J, Employes of E. W. Hutchings & Son, 9! 101 Fourth avenue. Sammy Van Deusen. Adam Hobet, Jonn Guinor.. Jouesh Ve Nittelstaedt, Nittelatacdt, Jr, Fred Boehm... Nehring Gustav, Klein. nintmensnenono _ssnirtntmsnranertnsto poco sos combo nanan Boe G8 sO EeNo eons ec cosonecenosses ee cace cece cece s al SSELSSSSSSTSSSSSSSSESE SESSESSSSSESESSSSOSSSSSSSSSSESSESS Total yesterday Previously reported, 18,385 19 Total HERALD account, $18,995 69 James Fisk, Jr. and Employes of the Erle Railroad. James Fisk, Jr., additional. 500 00 L. D. Rucker, General Superintendent, 250 00 Captain B. W. Bianchard, General Freight Agent .... 260 00 Thomas G. Shearman, Assistant Counsellor. 150 v0 William R, Barr, General Passenger Agent. 135 00 Captain Chas, Kobinson, Superintendent St 100 00 i 50 OU 50 00 p 50 00 G. P. Morrissini, Audit Department 25 00 Mortimer Smith, Assistant Secretary. 25 00 Other subscriptions make total of... soe oB3,508 0 Chamber of Commerce Subscription Fund Siuco Three P. M. October 23 to Same Oc- tober 24. J.J, Merlan, for Michigan and Wisconsin. N, P. Batley, for Michigan and Wisconsin... Wm. H. Fogg & o., for Michigan and Wisc: Weat Presbyterian church, Summit, N. J.— For Chicayo. For Wisconsin cents ‘Thomas Peele, Hoboken, Wisconsin and Michigan Employes of Halsted, Haines & Co., for Wisconsin and Michigan... cago and the Northwest, one-half each. ‘Sixth Avenue Railroad Compan; 250 I. MeCready.. oe ‘luo 0) R. H, McCready, for Michigan and Wisconsin. 100 00 E, W. Vanderhoof, for Michigan and Wisconsin. 250 00 Employes of Starr & Marcus... oe 5877 Jamea T, Ward through . J. Pope & Bro... + B00 3. W. Gerard, Jr., for Michigan and Wisconsio 10 00 Grand total, Chamber of Comm Forest Fire Fund... Total for Chicago. Collected by Fowler & Wil Plame & Van Embur; Osborne & Cammack, Leavitt, Gaild & Co. Lancaster, Brown & Co .. John Pinori.... D. Bradley Lee Total.... Peeerteat Personally collected to date of the Stock Exchange. Making Chicago fund. Recapitulation, Received at the Herali office yesterday 8610 50 Ghamber of Commaree... + 4 499 66 ontribut 6 Eris e: s Proceeda of the concert of the Swedian Sit ae 00 Mechani id i: Collecied by Fowler & Wilson Total i yeater seer se Add suppiies.. Grand total.....+++ THE PHILADELPHIA SUBSCRIPTIONS, The total amount raised for Chicago in Philadel- phia up to last evening was:— By Treasurer, A. J. Drexel. Commeretal xchange. Eplscopal churches id kellows. By Treasurer (additional) From Episcopal churches Total for Chicago...s....seeeeees RECEIVED FOR FOREST FIRE SUFFERERS. Received yesterday. Previously reported. Total Forest Fire Fun WHAT THE PEOPLE DO AND SAY. The following memoranda, letters and despatches show what the people are doing:— A LAYMAN’S PRAYER FOR JAMES FISK, JR. In answer to @ remittance of over $2,000, Mayor Mason telegraphs:— Cnroa Oct, 24, 1871. JAMBA FISK, JR. :— Heaven bless the employes of the Erie Railway! Will draw to the order of the Chicago Relief and Aid Society. R. B. MASON, Mayor, WHERE THE MONRY IS. In answer to “contributor” the following letter is to hand:— ROOMS OF THR MROHANTCS AND TrapeRe’ EXOHANOR, 37 Park 0 the Chicago sufferers, held October it was resolved that 81,500 be sent to Chicago, $750 to Wisconsin and $750 to Michigan, GUSTAVUS ISAACS, Secretary. CORRECTIONS, ‘The subscription through the Chamber of Commerce of R. ing for ould be credited to Brown, Hall & V: derpoel; Edgar Ketchum, credited with 855, should bave ies | BS been Edgar Ketchum, $50, and F, Dunw. iS. W Marke sbould have been Hon, 8. W. Clerke, #380 Wililam contribution of $50 should been for Wisconson, and not Chicago; contribution by St, Bartholomew's church through Jacob Reese should have been $866 35, and not #6 35, Supplies Forwarded Yesterday Per Erio Rail- road to Chicago. From Englewood, 2 bores Siothing, 1 barrel clothing. No name (New York and Boston Express), 1 barrel cloth- ing. Ko name, 2 boxes clothing. Station B, branch Post Office, 1 ease clothing. Mre. H. Saulter, 198 Tenth avenue, 1 package clothing. Sarah Post, 221 West Twentieth street, 1 case contain- ove and fixtures, . 868 Broadway, 1 bundle of clothin, Superintendent Board of kducation,, boxes of clothing, Noname (New York and Boston ‘Express 8 bundics of clothing Si, Thomas’ Church, Fifty-third atreet and Fifth avenue, 1 case of clothing. THE ALRXANDBR MACK COTERIB ive a grand ball, at Lyric Hall, on the evening of the 30th fast. in afd of thd Chicago sufferers. THE STOCK EXCHANGE FUND. ToR BM * 2 PR hd YORK, Oct. 94, 1871. ‘oR, B, MASON, Mayor 104g0 i= Tne private aubseriptions of the membors of the New York Stock Exchange for the Chicago auiferers amount to date to $17,000, which with 1 ropriation of the Stock I iris dyes not include the several h other channels, which re subscriptions of members of the Sigck BX- " reach in money to neal me eae Oy a are, President, To W. B, CL¥RER, Stock Exchan, 10m, Geapaten just received, Het ea pee Raat povunaes jr such wonderiul kindness to our af 7 R. B, MASON, Mayor of Chicago, pa Pd YELLOW FEVER IN OHARLESTON. CHARLESTON, Oct. 24, 1871. Four deaths have occurred here of yellow fever ‘Within the past twaeuty-four hour® Further Contributions Yesterday for the Sufferers. The following additional sums were contrivutel yesterday for the famishing settlers in the North- ‘weat who have suflered by the forest fires:— Received at the Herald Ofice. wi dowiy. Empl of Butterick é'to, From the Workingmen Grounds of the Hon, on the Plensure William Kelly, Ellenslie, Rhinebeck, N. Y. Richard Guinan Mick Nol Jobn Kearnan John Neophen. Witham Fitaxt David Stoweit, 2 2 1 i 1 1 1 1 Joseph Bennett. Total... Two others, Total. Total rei Yroviously reported. Grand total....e... From M. Recber & Co. M., Steinhard & Co. 50 Previously roported..,..68 1B, Podulo, ee ne —— otal =. -350 00 Wm, Redmond. + 00. Previously repor 2 bo 09 Reeapitulation. Recetved at the Herald office yeaterday Chamber of Commerce : Mechanics. and Tradera’ ixclange. Opera boutte bonetit...... Collected by M. Beever & Co, Collected by Catlin, Brundret Total yesterday Previously report Total... Donated by Chamber of Commerce Grand total.. THE CHAPIN HOME. Laying the Corner Stone of a Home for the ged and Infirm. The Universalisis’ Uxpression of Christian Charily. The excellent ladies connected with Dr. Chapin’s church, who exorcise #0 great an influence for good, determined tm 1839 to do something which, in ite execution, would honor their pastor, After some discussion it was agree | that che best way to do honor to.a man fs to erect a monument to him—an ante-mortem monument, wich he could rejoice over before his passing away in life. Accordingly it was deter- mined to build and endow ahome for aged and infirm people, which should be called after Dr. Chapin, And, as whem ladies in congregations take the lead in a bencvolemt enterprise, execution spocdily followed the aloption of the plan, Arrangements were made for erecting asultable bullde, ing, andthe site was chosen in Sixty-sixth street, betweem ‘Third and Lexington avenues. Following quickly on the fire appea! for aid came handsome subscriptions, as followsa:— George G. Lake, 35,000; C. P, Huntington, $3,000; George Hoffman, $3,000; J. A. Jameson, $3.00; C, la Stickney, 82,000; Mra. R, B. Connolly, $1,000; Adotph Rusch, $1,000; Mra. Thomas Crane, $1,000; James G. Clarke, 1,00 . host of smailer sums, ing to Roathtins 4 estimated cost of the butlaing is #1 Yesterday, at 12 o’c.oc, a large number of the elite of the Universalist churches assembled at the building for the pus pose of witaessing the ceremony of LAYING THE CORNER STONE part in the religioua exercises incident thereto, ‘he revere! gontlemen who were expected emblage, Whica numbered about igiaure to examine the Home ia its unfinished state, ‘The walls of the front and teft . wing are up to the second story, and the Is ‘being. rapid'y —pusied. forwari, “The style of architecture !# what Cooper called the “somposite”—thrt ts, no style in particnlar. ‘he general design, however, favors the idea that the fature Home of the Aged ‘and Indigent wild be roomy, well lighted and ventilated and otherwise com fortable, ‘Those who cannot and eare not to Walk up stairs will enjoy the comfort of a patent elovator. All that the selence and experience of modern housebuillers suggest will be taken advantage of in compteting the building. Situated nearly opposite the Catholic church oi St. Vincent Ferrer and adjoining the Hebrew Hospital, it will present NO two hundred, WORTAY ARCHIYECTURAL ASPROT. , 90 by 62 feet front, with a Rising seven stories wing of 69 feet (not yet commenced), it will be a creait to ladies of Dr, Chapin'a church and an honorable monument uent Universaitat pastor, it will whe basement ot the building, i 8 ione, with vrowu stone trimmings Philadelphia brick facings, to the memory of tho el be finished within a year. shonld be said, is brow on the wails and ‘The object of the Home, as stated in the py ws and rega- lations, is to provide a ome for worthy, aged and infirm mex and women aud support for them, The lostitution will be absovutely unsectarian, the promoters of it wisely bell that true Christianity is not bounded “eribbed, cabined confined” by sect or nationality, The Chapin Home was fi ‘an act of the ture of 1889, e following are tie names of the oflcers for the present 5 '. Chapin, Presiient; Mis, George Hofman, irs, Emily A. Wall, Mrs. J. A. Jameson, Vice Presidents; Mre. D. D. T. Marshall, Treasurer; Mies Mary Wiluar: coraing Secretary; ite Committee, Jonas G. James Cushing, Jr., George G. Lake. THE SOENR ON THE PLATFORM erected for the occasion was quite impressive and highly In teresting. A large number of clergymen of the Universalias belief stood around the corner ne, and beside an’ about them were the ladies of the committee and their sisters: im the noble work df charity. The proceedings were opened prayer, impressively delfvered, by the Rev. Merril Ri son, of the New England Conon church; then fok lowed an appropriate address by the Kev. acl Chapin, DL D., which waa listened to with rapt A hymm, written for the occasion by Rev. William janks, them followed. Asmall organ, presided over by the organist of Dr. Chapin's chorch, and a choir of good singers rendered it full justice. ‘The hymn was as follows Gracious Fat wilt Thou bi ‘Ail Tay people here to-day Crown our labors with success ‘As thia “corner stone" we lay. In this wors we would engage, Hoping soon the fruits to see; In.a home" for feeble a: Built by Christian charity, As above this stone we rear Stately tower and lofty dome, To Thy service may we here Consecrate this “Chapin Home." Grant, O God { tt long may stand, ‘Aiding, hetping, as it sould; Representing through the land Tho noble work of doing good. Then the Rev. William H. Ryder, D. D. church, Chicago, made a tew remarks. Hepworth, of the Church of the Messiah, followed in a feet- ing and eloquent address, in which be commended the for their broad Christian charity and blessed them in name of the poor who were to profit by it. The ceremony of laying the stone then took place. Dr. Chapin said this was EMINENTLY A LADIEG’ ENTERP! dy should lay the corner stone. He called upon Mrs. rge Homan, First Vice President, and that lady acoord~ came forward and gracelully performed the cere: usual on such occasions. ‘The doxology sung by all presen! jotion by the Rey, J. H. Pullman, of the Charcm mur, Drought the services to an appropriate cows. FATHER FLATTERY EXPLAINS, ‘The following letter has been sent us for publication. . The report was published In good faith, as representing Father Fiattery’s opinions. Catholic readers generally will be gla@ to find that the vicws attributed to the reverend Father are not held by him :— To Tar Epiron oF THR He. In your issue ‘of Sunday last yon eal made at the nine o'cloc! it behalf of muflering Chicago, by Kev. F. McAuley. the mass you name and the ape but egregiously distort, ‘of that of my reverend colleague, a mary of am , Ais yhomas" — whiek me 10 way U ou bandaonaely approve att Tule iasigmibeant ‘mistake were of Hille Importance, would not induce = to rereeigodom in r This ia tho By om ity an D0 alder” it competent (o mo OF any ou uman being to pro! the depths of the beneeeeee Providence. beneath 'whowe omniscient powor auch temporal calamities never bave fatied and shi Ma <4 fail to witness to. man’s apace. You Chicago — was office of adding isfortune or taunting h T have yet to jue miseris euccurrers disco." Ore truly, HUGH FLATTERY, Si. Termea's CHunon, New York, Oct, 24, 1871, ARMY INTELLIGENCE, ‘The War Department promuigates, in general Om ders, the circular of Secretary Boutwell, dated the loth inst., requiring all disbursing oMcers of the ‘ited = Stat except ponsion agent drawing tnecks on moneys deposited to their octal credis with the United States Treasurer, or any Adsisiant Treasurer, in favor or themselves or Learer or im favor of any person other than a public creditor, to atate on the face or back of the civeok (he opjeet OF DUrpgse to Which Whe avails arg 10 ve APPUOds