The New York Herald Newspaper, May 31, 1872, Page 5

NEW YOKK HERALD, FRIDAY. MAY 31, 187%—TRIPLE SHEET. tt THE TREATY, England Ready to Withdraw from Arbitration. Parliament To Be Informed to That Effect. ‘The President Puts His Foot Down. —_>—_—_—_ A DEFENCE OF SECRETARY FISH. His Efforts to Save the Treaty from Failure. ‘WHY THE SENATE'S ADVICE WAS SOUGHT, AA Resolute Stand To Be Taken at Last. aS “The National Honor May Yet Be Rescued. TELEGRAM TO THE NEW YORK HERALO. Loxpon, May 80, 1872, It ts asserted, in the most positive manner, in the scity this evening that the British government con- siders the negotiations with the American govern- ment with regard to the Treaty of Washington have failed, and that the government will inform Parliament that it will withdraw from the arbitra- tion at Geneva. THE QUESTION IN WASHINGTON. WASHINGTON, May 80, 1872, ‘The excitement resulting from the perplexed con- dition of the treaty business continues to absorb public attention, and the prospects pro and con. form the staple of general conversation. The be- lief that we have again GOT JOHN BULL BY THE HIP, ‘and that the President, with the advice of the Senate, will persist in holding our present advan- ‘tage, is quite prevalent, and fs sustained by the Cautious utterances of officials who are known to ‘be fully informed regarding the present situation. “THR PRESIDENT HAS AT LAST PUT HIS FOOT DOWN,” sald an administration Senator to-day, who is sup- ‘posed to have voted against ratification, “and he will not take it up until England either comes to our terms or assumes the responsibility of breaking tho treaty by withdrawing from Geneva.” Other Senators having made similar remarks, and a feel- ing of unqualified satisfaction being apparent in administration circles, public confidence is in a Great measure restored. The result is what might be expected from a sudden conviction that instead of national humiliation the govern- ment will eventually assert its dignity. Both in political and private circles there is great unanim- ity in the declaration that the administration must ‘be sustained at all hazards. From an administra- tion standpoint the circumstances of which THE PRESENT COMPLICATIONS are the consequence may be summed up as fol- lows:—The difference in opinion regarding the con- | struction of the treaty arises from the well-known fact that Great Britain denies the jurisdiction of | the Geneva Tribunal over the class of claims in- cluded in the American case which are now known | as indirect claims or consequential damages. The ‘United States maintain that the following clause in the Washington Treaty is suficientiy explicit on | that point to authorize the submission of those claims to the arbitrators :— All claims growing out of acts committed by the | aforesaid vessels, and generally known as the | Alabama claims, shall be referred to a tribunal of | arbitration. The English Capinet pat forth the statement that | the British members of the Joint High Commission | were led to believe that the United States HAD WAIVED THESE CLAIMS. Secretary Fish shows that from the time when | Minister Adams, Noy. 20, 1862, called the attention | ofLord Russell to the existence of this class of | claims up to the present date they have been per- | sistently urged. Minister Adams’ communication | horse. the diterences ee oy coed the two governments in their construction of the treaty. ‘The members of the Foreign Committees ware in- formed of the contents of the foregoing despatch, and told that a favorable response was almost an improbability. They agreed that THE CONCRSSIONS MADE UP TO THIS TIME “wore within the province of the President and Secretary in their respective capacities of diplo- matio agents of the government, and, while they perhaps were not altogether satiafied with the ox- tent to which those concessions were carried, no serious fault was found with the negotiations up to that stage. Pending this consultation the British Cabinet had agreed to submit what is now known as THE SUPPLEMENTAL ARTICLE. As soon as the President became aware of the re- markable concessions embraced in its demands he determined to submit it, with the correspondence of which it was a legitimate consequence, to the Senate. The result of this step ts fresh in the pub- lic mind, It should be explained that the foregoing statement is virtually A DEFENCE OF THR FISH SIDE of the negotiations; it is, in fact, a brief compend of the arguments. of a prominent member of the administration party to show that, after all, there has been no backing down on the part of the United States, except in the one particular of the co-agreement not to press for @ money awara for consequential damages, General Schenck telegraphed to Secretary Fish to-day asking when the Senate will adjourn, and the Secretary replied that there was little proba- bility that it would remain in session after next Monday. This does not seem to indicate an abso- lute failure of the treaty, but the President has put his foot down, and it is not likely that the supple- mental article will save it. Maxwell Woodhull, Assistant Secretary of the Legation at London, arrived here to-day, with despatches from General Schenck, HORSE NOTES. While in Kentucky, attending the late race moee'- ing at Lexington, we visited the Woodburn Farm of Mr. Alexander, to examine the quality of tne yearlings to be sold at the annual sale, which takes place on the 26th of June, numbering forty-three in all—twenty-one colts and twenty-two fillies. The colts and fillies were all in fine condition, with the exception of one—a filly by Australian, dam Bay Flower, the dam being a bad mother—and it was dimMicult to pick out even the best looking ones, they are all so good. The colts that filled our eye, how- ever, and which we would choose if selecting for ourselves, would be, first,a brown colt by Planot, dam by Britannia Fourth, which is an extraordinary fine colt, and the best on the place of Planct’s get, in our opinion. There is another very fine colt by Planet, dam Eagless, which is considered the best Planet by many who have visited the place; but we have named our cholce, Should Mr. Belmont’s Gray Planet not win the Belmont Stakes this coit Will not be so popular with the gentlemen who in- tend attending the sale. There is a very largo and promising colt by Australian, dam Bonnet, that will | Make arace horse beyond a doubt; and another one by the same horse out of Aerolite, by Albion, that also attracted our attention. This one has a peculiar racing appearance, and, no doubt, will be wanted by many on the day of sale. There are a number of very fine Asterolis, the best, to our way of thinking, being a bay colt out of Vandalia, by Vandal; the next best a bay colt out of Laura White (a full brother of Bazaine), but a much better looking oncat the same age. Another Asteriod, out of Sue Washington, looks like @ race horse, and he ought to bea four-miler, as both his sire and dam were good ones at that distance. There is another very fine colt out of imported Cairngorm that will bring a high price; and yet another out of Schottische that there will be much competition for. Katona (the dam of Me- tairie) has also a grand colt by Astoroid, and we think all the get of this horse at the coming sale will prove better race horses than his produce of previous years, The old horse Lexington has pro- duced some good ones, particularly a chestnut colt out of Spinola and a bay colt out of Etham Lass (a full brother of Kingfisher). The iatter is a very fine cojt, and will probably bring the highest price ofany at the sale, There is a brother of Monarchist among the lot, of fine action, but he 13 at present rather under size. He may, however, grow into a large Among the fillies the very best, we think, is a chestnut by Planct, out of Mazurka, by Lexing- ton, She is very large, of fine form and action, and is the very best looking yearling on the place. A chestnut filly by Asteroid, dam imported Target, by Rideman, is very handsome and has a racing ‘“cut;” as also one out of Lilla by the same horse. This filly is large and finely proportioned. There is a very good and substantial filly by Lexington, dam Red Rose, by Glencoe, that we think will make a race nag; and a splendid one by Australian, out of Lavender (a full sister of Helmbold). A chestnut | filly by Asteroid, out of Kate Hayes, and a chestnut filly by Planet, dam Lis Mardis, by Glencoe, are both very fine and will be admired at the sale. Mary Innis has a strong, fine filly by Australian; but this grand sire has produced a chestnut filly out of Ala- bama that 13 what an English jockey would call ‘a stunner.’ She is the largest foal that Alabama ever produced, is very racing like and, we think, will be a better nag than any of her sisters. This to Lord Russell embraced the assertion that he had been instructed by his government to sohcit re- | dress for national and private injuries already sus- | tained, and suggested the liability of Great Britain | for losses other than those of individual sufferers. | The policy thus asserted as a princ:ple of American | diplomacy has never been deserted, and was espe- | claily confirmed by the action of the Senate in REJECTING THE JOHNSON-CLARENDON TREATY. When the supplementary correspondence com- | menced last February, which has resulted in the | * present muddle, the United States was for the first time informed of the alleged British belief that the national claims, or indirect claims and consequen- tial damages, as they are more commonly called, | were | ‘NOT TO BE SUBMITTED TO THE GENEVA BOARD. — | They were included in our case, as prepared for the consideration of that tribunal. The administration | sustains itself tor including them in the case by the | truthful assertion that they are identically the same as set forth in the discussion of the Joint High Commission of March 8, 1871, the minutes or | protocol of which discussion stands approved in the proceedings of the Commission, under date of May 4,1871. Each successive step of the corre- spondence, as prepared by Secretary Fish, was sub- mitted to the President and approved by him, as well ag a majority of his Cabinet. THE BRITISH THREAT OF WITHDRAWAL trom the arbitration was received in due time and was the occasion of grave apprehension. After mature consiferation it was agreed to attempt a conciliation of the British Cabinet by an offer to waive any demand for a money award from the con- sequential damages. This offer did not mect the requirements of Great Britain, and the compromise was rejected. Ab this june- ture the loss of the treaty was almost a | certainty. At Mr. Fish’s suggestion the President met his party friends of the Foreign Committces of Congress at the State Department. The whole sub- ject was explained to them in detail, The proba- | bility that a further proposition would be made by Lord Granville was not then apparent, although ‘Mr. Fish had invited the British government to sub- mit a new article. The assertions repeated so fre- quently of late that Mr. Fish backed down at this | point from the position he had previously assumed and persistently held are not sustained by the con- | struction placed upon this invitation by the imme- diate fricnds of the administration. They admit that his invitation for the sbmission of a new ar. ticle OVENED THE DOOR FOR AN ARROGANT DEMAND for further concession to Great Britain, but insist that a fair construction of his despatch of May 7 will not justify the assertion that he wilfully aban- doned any principle then or now at stake. The concluding sentence of that despatch, referring to the President, says He will, therefore, be willing to consider, and, if + possible, will present for the consideration of the Senate, any new article which may be proposed by the British government which, while it settles the principies luyolved ia the presentation of what are is, without exception, the best yearling filly by Lexington on the estate. The bay filly out of Edith, by Lexington, is a good one, and so is the bay filly by Australian, dam Bay Leaf, the latter being of large size. Some persons who attend Mr. Alexander's sale may possibly have other prefer- ences, and many of the youngsters that we have not mentioned may be favorites and bring higher prices than those we have noticed. If so, in the language of the showman who exhibited like- nesses of Wellington and Nelson, not knowing one from the other, we say, “You pays your money and you takes your choice.” In addition to the “high mettled racers” will be sold fourteen trotters, among which are three year- lings that are conspicuous among the others, These were a brown filly by Woodford Mambrino, dam Tweedledum, by Pilat, Jr.; a gray filly by Belmont, dam Madame Dudley, by a Bashaw horse; and a chestnut filly by Belaont, dam Venus, by American Mr. Bonner drove hia trotting horse Jo, Elliott the last half mile of the Prospect Park Fair Grounds track on Wednesday evening in 1:11}¢ to his road wagon. Jo. Elliott is in fine condition, full of vigor and resolution, and will, we predict, before snow falls, show the fastest mile in public that was ever witnessed, PROSPECT PABK FAIR GROUNDS. The storm of yesterday morning necessitated the postponement of the third day’s racing at the Pros- pect Park Fair Grounds. The events, embracing the 2:30 and 2:27 purses, now go over, under the decision of the management, until Monday, and to- day’s contests start as formerly, and will come off should the weather be favorable. The first of these are for horses that had never beaten 2:48—3350 to the winner, $150 to second and $100 to third horse, Entered for the event are Alden Goldsmith's bay stallion Abdallah, G. K. Ferguson's bay mare Sweet- meat, T. Hoyt’s sorrel geiding Wallace, J. J. Bowen's bay gelding Camors, J. J. Wheeler's black mare Eve- line, and P, Wood's sorrel gelding Robert Dixon, ‘The second contest is tor horses, under saddle, that have ni beaten 2:25—2400 to first, $200 to ond and $150 to third, This will bring to the score James Campbell's bay gelding J, J. Bradley, John Murphy's bay gelding Geo. W. Patterson, and ©. S. Green's chestnut mare tueille. ols Were gold on the saddle race last night at the rooms of Messrs. Marshall & Johnson, Broad- way and Twenty-eighth street, Bradley being the favorite in the early evening, but later Lucille was made first choice. ¢ following is an average :— | i 2 20 «65 (O18 bine: i Geo. W. Patterso Up to ten o'clock ¢ class, it being understood tha’ three starters—Abdallah, 1 | ILLNESS OF THE LATE PREMIER OF ON. TARIO, ‘Toronto, May 30, 1872, Hon, John Sandfield MacDonald, late Premier of Ontario, is now lying dangerously ill at his rest- dence in Cornwall, Ontarlo, None ig entertained of his recovery. 4 7 ao here was no betting on the 2:48 t there would be but ne and Wallace. SPAIN. Parliamentary Excitement and Tumult on the Question of Serrano’s Treatment of the Carlists, Senor Zorrilla Moves « Vote of Censure Against the Marshal—Admiral Topete Endorses the Army Commander—The President of the Cortes Retires Under Insult—Confu- sion in the Chamber and Seri- ous Consequences Expected. TELEGRAMS TO THE NEW YORK HERALD. ~~ MapRID, May 30, 1872. At the session of the Cortes to-day Admiral Topete, President of the Council, stated that the Ministry recognized the validity of the convention made by Marshal Serrano with the rebels in Biscay, pardoning those who voluntarily surrender, and requested the members of the opposition not to interpellate the government relative thereto, After this announcement Sejior Zorrilla arose and moved a vote of censure upon Marshal Serrano. Tt is said this action of Zorrilla will cause Mar- shal Serrano to resign his command. Notwithstanding the request of Admiral Topete in the Cortes that the opposition sould refrain from taking any action relative to the endorsement by the government of the course pursued by Mar- shal Serrano towards the Carlists, hardly had the excitement which was caused by the introduction of Sefior Zorrilla’s motion died away when Sefior Martos arose and proceeded to question the gov- ernment, ‘The Presiacnt of the Cortes refused to answer. Seflor Martos insisted upon his question, when the President declared that the action of the Deputy was insulting to him, and left the Chamber. Great confusion followed the retirement of the President, the tumult in the Chamber became gen- eral, andamid the din of voices no Deputy could be plainly heard. City Excitement in Madrid—A Ministerial Resignation Probabie—Scrious Conse- quonces in Prospect. MAprip, May 30, 1872. The excitement over Serrano’s generous treat- ment of the insurgents is very great, and the stormy scenes in the Cortes have served to intensify It. It {8 probable that the Marshal, with other Minis- ters who have accepted positions in the new Cabi- net, will resign. Should the King insist on making Serrano Pre- mier, as it is rumored he is disposed to do in re- ward for his distinguished services in quelling the Carlist insurrection, grave consequences are feared, Sentence of Death Against a Communist Incen- diary. TELECRAM TO THE NEW YORK HERALD. Panis, May 30, 1972. The trial of Chateau for setting fire to the Tuileries terminated yesterday with a verdict of guilty, and the prisoner was sentenced to be shot, ENGLAND. National Sympathy for Persecuted Israclites— Death of a Naval Veteran—Bullion and Cot- ton Supply—The Rate of Discount. TELEGRAM TO THE NEW YORK HEAALO. Lonpon, May 30, 1872. An influential meeting was held at tie Mansion House last night, at which speeches were mile giv- ing expression to warm sympathy for the suffering Israelites in Roumanta, Resolutions were adxpted invoking Her Majesty's government to interpose for the protection of the persecuted race in that country against the outrages of the populace. DEATH OF ONE OF THE CAPTORS OF WASHINGTON. Commander Charles Brand, a retired oMcer of the Royal Navy, died yesterday. The deceased was present at the capture of Washington by the British in 1814, FLOW OF BULLION TO THE BANK. The regular weekly statement of the Bank of England is published here this evening, and shows an increase of the amount of bullion in vault of £630,000 sterling. THE RATE OF DISCOUNT. The rate of discount of the Bank of England has been reduced one per cent, and is now four per cent. THE COTTON SUPPLY. Five thousand, six hundred and sixty-six bales of American cotton were landed at Liverpool to-day. Movements of Captain General Valmaseda—The Notes of the Spanish Bank—Tho Financial Situation. TELEGRAM TO THE MEW YORK HERALD. HAVANA, May 30, 1872. Captain General Valmaseda is at Santiago de Cuba. His secretary, Seilor Araistegui, has re- turned to Havana. The Spanish Bank, on the 15th of June, will issue notes of the denomination of one and three dollars, and fractional notes of the denomination of fifty and ten cents. New York. The Spanish Casino, seda and the Intendente have telegrapded to Spain asking the Cortes to take into consideration the financial situation in Cuba at the earliest oppor- tunity. fe eads FLOOD IN SOUTHWEST MISSOURI. Sr. Lovis, Mo., May 30, 1872. Mail acconuts fromthe freshet in Southwestern Missouri say thet whole farms in the valleys or Spring River, Centre Creek and other streams were completely washed away, leaving nothing but rock and gravel. Live stock of all kinds was drowned in large numbers, and hundreds of yards of the Atlan: tic and Pacific Railroad track were swept from its bed into the adjacent fields, A wail of wa rolled down Spring River Valley leaving only devastation and ruin behind, THE NATIONAL GAME. Postponement of the Match Between the Bostonians and the Matuals. Boston, May 30, 1872. taken place on the Boston Grounds between the Bostonians and the Mutuals was postponed until to-morrow on account of rain, An immense crowd had assembled to witness the game, and, although greatiy disappointed when the postponement was announced, quietly received back their money and departed. ee THE MANUFACTURING CHEMISTS. For the past two days a large number of manu- facturing chemists, from various parts of the country, have been in secret session at the Astor House. They adjourned last evening, after having elected the following officers:—President, Thomas 8. Harrison, Philadelpuia; Corresponding Secre- tary, Thomas P. Shephard, Providence, R. 1.3 Re- cording Secretary and Treasurer, B. v. Keyser, Philadelphia: Vico Presidents, P. K York; C. Lennig, Pennsylvania; R. Rennie, New Jersey; Jesse Shugiutl, Maryland; T. P. Shephard, Rhode Isiand; L, Howard, Massachusetts; H. P. Adams, Uonnecticnt. Executive Committee, A, Cochrane, Massachusetts; M. Gutches, New York; John R. Savage, Pennsylvania; W. 8. Symington, Maryland; Junius Gridiey, New York. The associ- ation adjourned to mect again in. this city the last, Thursday in June, represents $50,000,000 of capital, The latter are to be printed in | Captain General Valma- | The match game of base ball which was to have | aibfielsch, New | It is said that the agsociatlon FREE TRADE Hall Last Evening. A Third Presidential Candidate To Bo Put in the Ficld. The “Inalienable Right” to Buy and Sell Without Legislative Interference. Wholesale Abuse of Both Grant and Grocley— Spoeches by David Wells, Mir. Atkinson, Mr. Sterne and Professor Perry. An enthusiastic meeting of the friends of free trade was held at Steinway Hall last evening. The andience was very large, and the proceedings clearly showed that there is, at least in New York, a considerable party of revenue refortaers who took part in the procecdings at Cincinnati, but who now feel extremely chagrined and discontented at the platform adopted and tne candidate nominated there, At @ little after eight o'clock Mr. Bryant came upon the platform and was received with aloud burst of applause, He was followed by a number of prominent merchants and politicians, and the meet. ing organized without delay by selecting Mr. Bryant as chairman, MR. BRYANT'S REMARKS, After alluding to the largeness of the audience, Mr. Bryant referred to the great importance of the principle of free trade to the prosperity of the country, If, said he, you were to ask five men taken at random from any part of the Union whether they did not regard tho tariff laws as unjust and oppressive and as a severe burden upon the com- munity, destructive of many forms of important in- dustry, four out of the five would say “Yes.” That was the general feeling and judgmont, and he might adduce as proof of it the doings of Congress, which for the whole of the last winter had been patching and piecing the tariff, like @ copbler work- ing on an old shoe—with this difference, however, that the son of Crispin would attempt to make the shoe better, while the members of Congress had endeavored simply to do as little in regard to the tarlif as they were able. The changes which had been made left the tariff laws very little better than they were before, although the people had sald to Congress ‘we are ground down by taxes, and you have taken millions from the people in taxes, very little of which has gone into the Treasury, and you therefore owe us millions in the way of reducing the taxes.” “Very well,’’ said this obliging Congress, “there is sixpence for you; we tender that to you, and de- mand a receipt in full.” They took the sixpence— the cheese-parings of reform, because they were famishing, but they were not content with that, and they would go on demanding of Congress that it should give to the people all of that to which it 1s entitled, and that was an honest revenue tariff, and nothing less. That, they were determined to have, and they would not give over this effort until they should have made it dangerous for any politi- cal party, whXever its name, to ignore this important question, and to put aside the demands of the people fcr the abolition of those duties, those indirect taxes, which were burdensome to every walk of life, to every class of the community, and which paralyzed the industry of the country. The Secretary then read several letters, one of which, recommending a call for & Free Trade Nomt- nating Presidential Convention on the 27th June next, provoked quite a storm of higies and applause among the foes and partisans of Mr. Greeley, who seemed to be of about equal strength in the audience, The foilowing resolutions were then read and adopted unanimously :— Resolved, That with the disappearance of the fssuos arisiiig out of the ingtitution ce! slavery, and re | ing from the war which slavery entailed, the need has made itsel/ felt among the thoughtful men’of both parties for a governmental policy based upon the material inter- ountry, dl practical re- the collection of th organizadon of civil service and in all he government administration. Resolved, That with the general relaxation of old party ties, and with the growing distrust felt toward the pro- fessional political the country turns for counsel to the independent thinkers in the ranks of elther party; and theretore the late Convention at Cincinnatl was re: litical rev th branches ot t | garded hopefully, in the trust that it would lay down a found and adequate platform of principles, and would likewise nominate a candidate whose ireedom from all associations with odious political rings and whose wh« record on the questions of the present and the future should give assurance that his election would bring with {t radical changes for the better. Resolved, That both the platform and the candidate of | the Cincinnati Convention have caused deep disappoint- | | ment in the mind of th oxsible that co-operation ot ail out the union of which success fs ed, That the late Convention at Cincinnati, hav- 1 held under a call which specified free trade as ing been of ignored in its platform tionist in the country no obit gation to support him rests upon those free-traders who | participated In the Convention, and under whose auspices | the Convention was con ed. Resolved, That those who have labored in the past to redress the wi \l to abolish the abuses of our tari? h eriions to he diminished hich they have rece dissolution of tu n r party ties forts in many d offers an opportunity sin which it has heretofore heen t to break old | parly lines apen the quest orm. | Resolved, That, while thus preparing for an active con- | dividual Congressional districts, we ¢. | nt Presidential campaign th the course of many voters must be fo! rand reeord of the candidates tor t We therefore call upon all friends of ired reforms to unite with us in secure the nomination of a candidate who shall ad quately represent our prinesples; and further | oived, That for this purpose the President of this | ting be empowered to appoint a committee of ten, | ich shall have power to add vo its num and whose hall themselves in communication and with all associations pject in view. | PROFESSOR PERRY'S REMARKS, | Professor PERRY, of Williams College, was next | introduced, and, after defending the title “free | trade” as being shorter and stronger than “revenue reform,’ said that every great political agitation had to pass thron: three phases, The first was reflection. The atte: tion of thoughtful men was arrested by cer- tain facts, and they reflected upon them until they | reached some positive conclusion. Then, as soon | | asmen were thoroughly convinced that any par- | ticular view was right, they began to convert | other men to the same doctrine. Perhaps they w | at first rewarded as men of one idea, and were greeted with snecrs and ridicule, but they | nevertheless went zealously forward, discussing the issues involved. This was the second stage—the stage of argumentationand certainly Mr. Wells and Mr. Atkinson and his friends of the Evening Post had endeavored for years to persuade the peo- ple ofthe truth of free trade. The third and last phase of every great cause, however, was the phase ofaction. It was well to remember that the gen- tiemen who made and administered laws in Con- gress were themselves made by the people, and | that members of Congress, though they were not | generally sensitive to argumentation, were pecu- | liarly sensitive to votes, The process of making a | new tariff this y had gone forward on the same principle as had governed tariif making for ten years—a skilfnl arrangement. and balancing of con- | ieting fo and interests, And those legis- latois. would go on fore thus plundering the People unless the peop! said to them, in tones that could not be misunderstood, “You | shall not.” Free traders had talked and argued, and were still ready to taik and argue, until every man, however stolid, should know that it was his true in- terest to buy in the cheapest and sell in the dearest markets. But more than argument was necessary, Something further was needed to be done, and that was to vote. To those citizens who were content with the present administration he had nothing to | say, nor did he wish to quarrel with those citizens who wished to see elected to the fey af the Sage of Chappaqua and the Philosopher of Prting House Square. (Here there was assorm of hisses and ap- piause, butit soon subsided.) Many citizens, however, relished neither of these candidates, some of whom | did not like in times of peace fo see a bayonet | wreathed with cigar smoke as the symbol of Exe. | cutive authority; and others did not wish to ran | the risk of seeing our next President standing in the garden of the White Honse on a tremendously rainy day watering big cabbages by Irrigation, such citizens he Was able to say that under any cir- cumstances there, would be a third candidate in the field, pledged to, tarry his banner to the end of the campaign. a majority Of-votes, but it was at least certain that in “their Ie,eael” there were seven thousand men and more Wh’) had not bowed, and never would’, bow | the kne» to Baal.” ME. DAVID A. WELLS! SPRECH. Me, Davip A. Watts then apoke. He satd they Wad met to take counsel together about one of those freat fundamental principles of freedom and tndi- vidual right whict had not yet been acknowledged test in in to e- mee whi | monopoly, continued nepotism To | Perhaps that candidate would not have | Uberty of conscience, to pi own religious faith and to worship hoes; gaa he did aoe allude to Iberty of control tus own pel Gy raon. All purchased long ago at an infinite. other it fundamental principle of liberty which rootetined iat Sa coma tan bats an; ess free from all interference from an vernment beyond what was con! ton ofan economical and just revenue. It was one of the anomalies of the soctal phenomene of this that here to-day, in the last third of the ninoteonth century, in ths midst of an active, iy intelligent and practical peop! , they should find it necessary to hold mect- ings and make speeches and print ‘and distribute books in defence of a principle which was appar- ently certain of being accepted as true upon angie acloar statement of fact. For this condition of things several explanat might be given. It seemed to be the fate of all reforms, from the time of the giving of the law on Mount Sinai down to the latest dispensation of economic and scientific truth, that opposition should be met with, ana that that opposition should be proportioned to the extent of the selfish interests which were likely, by the adop- tou of such reforms, to be made subordinate to the general good. He had never expected that free trade would bo an exception to this rule, for he had foreseen from the beginning the many anta; onistic influences they would have to en- counter, Above all, he had expected to meet, as they had already met, that moral inertia ‘on the part of the ople which made them indisposed to take up and dis- passionately consider any subject like fiscal reform, which was represented to them as being dry and diticult of comprehension. Furthermore, he had anticipated that they would be likely to be met with an obstacie to success arising from the misuse of such terms as protection and their distortion from their true and legitimate meaning. ‘To over- throw these misconceptions and overcome this in- difference was the great work of the hour, and if they found that these principles which they be- lieved were essential to the prosperity of the coun- try were ie to be made subordinate to political expediency, then there was all the more necessity for them to have wisdom in their counsels, to make a bold and deflant declaration of the truth, and to unite for vigorous and persistent effort. He had notas yet, for his part, fully determined as to what course it was best for them, as revenue reformers, for the present to take. But he was certain that they could make no mistake in | opens ype their organization by closing up their ranks and prepar- ing to strike vigorous and effective blows for thelr cause when other circumstances should give them an SapOReEaihy, Looking back to what they had already accomplished, there was certainly no causo for discouragement. A few ears = AZO the principles of revenue reform and economic science, as they understood it, were hard- ly accepted by any seminary of learning in the country. Now they were almost universally so ac- accepted, there being only one university In Penn. Sylvania and one in New York where stich prince! ples were not taught. A few years ago the number of journals for tariff reform could be indicated by ‘ne use of the smallest numerals, and to-day every first class journa lin the country, with a single Lm owen aupported it; and in the case of that jo nal protection was probably limited to the activity of a single individual, And in Congress immense advances had been made in deference to an irrresistible public opinion. For the future their weapons were forged and ready. They had only to cast their eyes around the country to see that every year, instead of pro- tection making us more independent of foreign na- tions, we were growing more dependent. This was evinced by the fact that our Imports were con- stantly Increasing of articles which we ought to produce or manufacture ourselves, while the export of allthose things we ought to sell was compara- tively decreasing. We had only to cast our eyes upon our shipping, whose flag once floated in every breeze and in every harbor, to see that it had been all but swept entirely from the seas. They had also to bear in mind that we had tie advantage of every other people in respect to population, territory, climate, soil, abundance of food, facilities of inter- communication and means of education and free Feet and yet, under the protection system, ere were only four things that we could produce cheaper than other peoples—sewing machines, raw cotton, crude petroleum and gold—and with the last three of these any advantage we had we owed simply to Providence, and not to our own exertions, They had also only ‘to look at the newspapers and observe the widespread discontent of the workin, classes to understand the ruin and misery involve in protection. The latest return of the Labor Bu- reau of Massachusetts showed that while the aver- age wages of the workingman tin that State was $611 per annum the necessary Cr for the necessaries of life for a family of five persons was over $760, ‘The only alternative of the laboring man, therefore, was to live with an inadequate amount of food and shelter, or elso to send his children to work in factories; or, lastly, to eat up the accumulations of past labor to eke out a decent livelihood. It was folly to say that these things were the necessary result of the war. The burden of the war was to be measured by the annual interest of the debt, which could be amply defrayed by the legitimate taxes now imposed on distilled spirits and beer, all of which taxes did not necessarily Increase the expenses of living or add anything necessarily to the cost of production. Mr. Wells then referred to the statement made a few weeks ago by Senator Wilson, in defence of the present system, that this was a most economical administration, and that expenses had been de- creased a hundted millions per annum. Perhaps, he continued, Senator Wilson was misr ported; but he would say to any one who made such statements seriously that they were mistaken, and he stood ready to p that so far from this administration having b an eco- nomical one, tt had been and now was the most ex pensive that ever existed, and that the annual ey penses of this government were increasing at the | rate of eight per cent per annum. He wanted now | toask what free traders and the country had got | to gain by the election of any man or set of men to } office who held as @ cardinal principle of thefr fiscal | faith that this extraordinary burden of taxation should be kept up for the De ie of reducing the debt at the present absurdly rapid rate? It might be that the time had not come for the people to take an interest in these questions, and that the time had not come when political parties could be founded or divided on economical issues. It might be that those who advised them to relegate these questions | But he logical and of their to the Congressional districts were wis wanted every one to know and see th necessary consequences of the doctri opponenis, and not to have these questions shirked | as liad been the custom in the past. He wanted it understood that when any candidate presented himself for office he should either directly or tndl- rectly advocate or deny the principle that it better to buy athing at a high than a low pri Mr. Wells then instanced the folly of protection by the duty on coal and the loss to America of the ese trade in cotton and woollen fabr ed by saying that at present we had but tw tives—to support Grant, or to support Greeley. ‘fo support Grant was to vote for cot tinned centralization of government, continued ¢ and incompetency in office. ‘To sapport nt disorganization, and thongh disor. ion might perhaps bea good thing when so Tank that there was no other on igno! Greel ganiz: corruption got | chance of redress, yet, still he did not think it was absolutely necessary at present. Nothing tat he could see was to be done by free traders, except to perfect their organization, watch for an oppor- tunity, and strike as an independent political body, never sacrificing their principles to the exigencies of political expediency. MR. E. ATKINSON'S RF3AT! Mr. FE. ATKINSON was the next speak a few introductory remarks, seid that ‘eeley had What good thing and after | | always advocated this system of governmental in- | | terference with the inalienable right of free trade, | and yet they were now asked as free traders to | support him for the Presidency. could be expected from one to whom all foreign | countries, and especially Great Britain, were looked | upon as national enemies? Whata horrible and unchristian idea that was! Worse still. Henry C. Carey, the probable adviser of the proposed new administration, had said that a ten years’ war with Great Britain would be the greatest food ossible for the industry of this country. But he (the speaker) for one wonld never consent {6 such & man controlling the foreign policy of this tree Christian country. Free traders ‘enot afraid of being for a few ing their principles, They had Charles Francis Adams. (Tremendous bursta of applause were here indulged in by half the audience, alternated with hisses, groans and cheers for Greeley by the other half.) Then they had William 8. Groesbeck, of Ohio, and another gentleman whom, if he was not chairman, he would name. (Mr. W. ryant.) They had also J. D, Cox, Ohio, and many others. Such men were indifierent to. office, and could afford tobe in the minority. Free traders were 1 and hooted at for taiking free trace, ause it was said they knew their theorles — were —_ impracticabl: They advised to adopt the hod = of were having a tariff upon everything, or the method of uviversal protection to labor, a8 the only possible means of securing equal justice. Mr. Atkinson then proceeded ER e his td of What just taxa- tion would be. If it were possible, it would be bet- ter to have no indirect taxes at all, but such as were levied should be imposed ona few common luxur Tne legal tender currency—the mock money of the United S 8—-should be at once made good. It ought to have been disbanded with the army, and as soon as it was swept away it could be shown, ff the expenditures could be reduced to $50,000,000, whiskey and beer alone could carry on the government; tobacco could more than pay the pensions; the bank tax and the stamp tax contd provide for the extinction of the debt, and 8 for by a tariff, which each year might be reduc as the debt grew smaller. That was the free trader's platform, and there they would stand to the end, This question of the tariff was called intricate and perplexing, but it was simple as day to a man who approached Jt with an honest mind, In the comlug fight, they cred not very much if they were beaten; 4 vo, and they would h rode trast, distrust ‘tue gltts.’? | but a candidate the; in the futare, taught by the past, Greeks, When they came to them Ww MR, STERNE’S SreRCH. ti Mr. SIMON SreRNe next addressed the meat ng. Ie said that the previous speakers had pees liberal republicans, but he Pb! FEY ard’ to, Cite or ty, he had od “( & ottters in bit Pao hope that it. would emancipate as true and beneficent by @ majority of this people. He did not refer to the right of every man to enjoy » tyranny of faction, Mr, Greeley and feet cane would laugh yorv tuck if Wey knew years in the minority, and they had plenty of men | Who could and wouid lead a third party represent- | | TON is cooling, soothing and refreshing. 7 —™ how few men had originally ‘ized the Free Trade League in the latter daysof the war. Those men had felt that while the country was prostrated the tionists were plunde: ite ket and Usretore at once set o work, your’ or we after the war they had been told it was impossible to make free aD {spue until the question of reconstruction had been settled. But free trade was a question for ald time, Its agitation had hun reds of ago, and was directly attacked by the th commandment, which said, ‘Thou shalt not steal.” So time went on until 1868, when both parties had In refused to commit themselves to the princl- ple of free trade, and free traders then of redress from either democrats or rept cans. Thus it was that they had looked te Cincinnatt with peculiar ‘hope. But free trade had there been met with a most in- sidious blow. What was meant by the preroe aan that the question was to be referred to e Congressional districts? In his view! the 4 tectionists who controlled that Convention sucoeeded in making it say to the people that while there were many questions which were vital issues of the hour, this question of free trade was not of any immediate importance, And as an instructive commentary upon that action, they had nominated for President the arch-protectiontst of the United States. Protection was the one only doctrine te which Mr, Greeley had been faithful all hia C* and ho could not as a man of honor lay down now. Platforms were made mainly to catch votes, and were not very greatly to be relied upon, unless the right men were chosen to cat them out, Tell us your standard-bearers and was easy to decide as to the honesty of the profes sions made, Cincinnati had been ruled by some of the vilest politicians in this country, and now the; demanded to tie the handwand feet of the nobis men who had originally signéd the call of that Com vention. It would be ‘a scandal in American poll- tics ifthe next contest should be simply betweem Grant and Grecley—a life-long democrat le: the republicans and a life-tong republican I ing the democracy. If it were only to show that there was still such a thing in American pole tics as principle, there ought to be a third candi- date put forward. Mr. Henry Lioyp then made a long but not interesting speech, in the course of which audience ais) ed, THE NATIONAL AGRICULTURAL CONGRESS. Sr. Lours, May 80, 1872 In the National Agricultural Congress to-day committee reports referring to public lands, agri- cultural education, railway transportation, forest Planting, &c., were acted upon, and essays were read upon the education of farmers and em- tomology as connected with agriculture. Twenty thousand copies of an address by Licuten- ant Maury, embodying a plan for adding genoral crop reports to the present weather reports fur- nished by the Signal Service Bureau, were ordered to be printed, The Convention adjourned to meet at Indianapo- Its on the fourth Thursday of May next, ARREST OF “WORCESTER SAM." A Notorious Massachusetts Bond Robber Arrested in Virginia. RicuMonD, Va., May 30, 1872, Upon the arrival of the northern bound train here to-day Detectives Dan Wren and Henry Dabney ar- rested Sam Perry, alias Perrin, otherwise known a@ “Worcester Sam,” a notorious bond robber, who i sald to have stolen bonds in Worcester, Mada» amounting to $50,000, When arrested no was dis- guised in a linen buff suit, Intending to represent & country farmer, but underneath which he wore & very neat and stylish suit of gentlemen's apparel. The ofMicers were on the lookout for a trace of northern forgers who have successfully swindled @ Macon, Ga., bank out of $6,500, Chief Detective Knox expects to capture the latter party to-night. JUDGE LYNOH IN KENTUCKY. Sparta, Ky., May 30, 1872. Aman named John Branham, who nyirdored hie wife yesterday by splitting her head open with am axe, Was hung last night by a party of about one hundred men, who collected in front of the jail about one o'clock and demanded the keys from the jailor, which were reluctantiy given a They then took Branham from the jail, carried him haifa mile from the town, and hung him toa tree. His wite Pd buried to-day. No cause for killing his wife is nown. THE BROOKLYN FERRIES BILL. ALBANY, N. Y., May 30, 1872. Some of the newspapers are in error in saying that the Brooklyn Ferries bill is not yet signed. ‘The Governor signed the bill befure he left Albany. THE WEEKLY HERALD. The Cheapest and Best Newspaper in the Country. The Wreekty HERALD of the present week, now ready, contains the very latest news by telegraph from All Parts of the World up to the hour of publl- cation, including full Accounts of the State of Affairs in Mexico; the Washington Treaty; Rev. Dr. Huston’s Trial; Reports from the HgraLp Cor- respondent on the Nile; Red Cloud’s Mission; Un- veiling of Ward's Statue of Shakspeare at Ocntrad Park; Free Love and Its Fruits; Tugboat Explo- sion; the Brussels Murder; the Shooting Affray by Commodore Vanderbilt's Brother-in-law; the Great Gould-Gordon Contest, and the Report of the House | Select Committee Upon the Charges against Secre- tary Robeson. It also contains the latest news by telegraph from Washington ; Political, Artistic, Relf- gious and Sporting Intelligence; Obituary Notices; Amusements; cetie; Editorial Articles on the prominent topics of the day; Reviews of the Cattle, Horse and Dry Goods Markets, Financial and Com- mercial Intelligence, and accounts of all the tmpor- tant and interesting events of the week. TERMS :—Single subscription, $2; Three coples, $55 Five copies, $5; Ten copies, $15; Single copies, five cents each. A limited number of advertisements inserted in the WeekLy Hera. Por Bathing Infants—Barn A.—for a Stylish and Elegant Summer | HAT go to ESPENSCHEID, Manufacturer, U8 Nassau st. A.—Herring’s Patent JHAMPION SAFE. 251 and 252 liroadway, corner Murray strat A.—Heraid Branch Office, Brooklyn, corner of Fulton avenue and Boerum street. Open trom . M. tos P.M. Articles of Vatne Carefully Done at LORD ining and Dyeing offices, 634 (nar Bleeel street), 3A Broadwa; A.—Nestle’s Lacteous Farina, the Mother's Milk Substitute. Recommended by emineni physicians. A.—Bethesda Water Cures Constipation. Depot 59 Liberty street. Bs Article 47,.—Ladics’, Misses’, Gentlemen’s and boys’ Boots and Shoes, all styles and prices, at MILe LER & CO.'S, No. 3 Union square, ‘ansimere eae at HEBBERD'S, A.—Gentlemen’s Dress 85, eqnal to any, excelled by non Broadway, near’ Canal. A.—Stytish and Elegant Hats at lar prices.” Go to DOUGAN’S, 102 Nassau street, corner of Ann. na Lottery. Prices Re- YEA & CO., Bankers, 10 Wail street, duced. Box 4,685 Post off Batchelor’s Hair Dye—The Best in the world; ly perfect dye; harmiess, reliable, iustam- taneous. Atail drugyisis. Corns, Bunions, Nails, &., Cured With. A fi out pain. “A LATOR cures corns, &e.; by mail 5c. I 210 Broadway, corner Fulton street. ‘Knlarged Joints, All Corns, Bantons, are nio' Diseases of the Feet, cured by Dr, ZACHARIE, 27 square. Dr. Store 3.049 Broadway. Will Re- Teal in one traaiment, Juve |, Com Henry, rne‘othe Wikes diy , aad every tatuiday, trom 5.4. M. to 9 P.M. 1, 223 Weat Dr. E. Bunford Lighthill, 2135 West 2 Thirty-fourth street. Reception hours irom P.M. David's Pearl Cassime' Hlemen. Salesroom 20 Broad wa) iats—For Gen= ar Duane street. Furniture and holstery Ks ; cand } attractive assortment, at Ce Aa Gents’ Soft Felt Hats—All the New WARNOCK & CO., 519 Broad- Styles at moderate pr | way, nae ‘ —Warnock & C Silver Peark rl TTintsouly $8 519 Broadway. MeLewee & Putnam, 601 Brae ers the interest on our bonds atone need be provided | 441 the choapest good GAS FIXTURES in the city. and examine. Not Blind.-Kvery Man Kecognizes the it legan \ supertority of KNOX'S anes Prats they ar peners, Bee, and seeking ounlar eye buy, at 212 Broadway. Royal Havana Lottery.—Great Redao tion My the prices of Tickets. Orders filed, Priaos eashed, information furnished. Government Bonds negotiated, TAYLOR & O0., Bankers, 15 Wall streot, New York. Royal Havana Lottery.—OMelal Draw~= Ing for May 23 received, R. ORTEGA, No. 9 Wall street, Post oMiee Hox 140. The Fleas’ First Hop of the Season ay al their last if you give them a TkoWras AWHRICAN INSET DESTROYER” Thee Rover hoo after that, Depot, No. 7 Sixth avenue.