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NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR. oe All business or news letters ind telegraphic @eapatches must bo addrossed New Yore Hamar. ae lle Ee Wolame XXXVIL............:.ssecceeee NOs 100 SEE AMUSEMENTS THIS EVENING. ——— : D's MUSEUM, r - row Afternoon ana eventos, oorees, Taira ae —! ; 7 oft RStle SPRATT vs Wm mT UNION SQUARE THEATRE, lth st. and Broadway.— Tux aaee Docmee {WALLACK’S THEATRE, Broadway and Thirteenth preeee tan Lust Tatar Cano. . TONY PASTOR'S OPERA HOUSE, Socntses, rue JucaieR—Nice or tue 'BOWERY THEATRE, Bowery.—Tux Roguxs or New Youa—Domimiqua, rus DesxnreR. HOOLEY’S OPERA HOUSE, Brooklyn.—Caste—Lippr Buonper. re a, INSTITUTE HALL, Third av., between 63d and 6ith sts.—Gnuanp Concent BY THR Frencu Ban. No. 201 Bowery.— Wooos. CENTRAL PARK GARDEN.—Ganvsx InstnumewraL Concert. ERRACE GARDEN, Séth st.. between $d and Lexing- ton ava—Summer Evaning Concents. . NEW YORK MUSEUM OF ANATOMY, 618 Broadway.— IBNOR AND ART, DR. KAHN'S MUSEUM, No. 746 Broadway.—Anr axp Scunncr, TRIPLE 8 = =< CONTENTS OF TO0-DAY'S HERALD, Page. (Advertisements. R—Advertisements. 3—The Presidency: Democracy Na Its Clans for the Onward March; The Vigil of the Unterrified; State After State Takes Up the Wood-Axe of the Gucpoers Straight-out for Greeley and Brown; Probable Full En- dorsement of Cincinnati; The Buzz of the Bourbons; Formal and Virulent Indictment of Horace by Tncurable Uhevaliers—News from Washington, kes: The Accused Under Examination; His ersion of His Rencontre with Fisk and Par- ticulars of the Shooting; Stokes Dogged by Detectives; Josie Mansfeld on the Stand; Fisk Negotiates for Peace, but Fails; the Threats Held Out, “I will Kall Stokes; the Eaton Midnight peedeles Partially Un- ravelled; Another Bout Between Counsel; Intense Excitement in the Court; All Ears to Hear Stokes and All Eyes to Sce Josie. S—Stokes (Continued from Fourth Page)—The Malvina Murder—The Internationals—Fatal Railroad Accident—Tenement Houses: An Official Investigation by the Board of Health and the HERALD—Uncle Sam's Boys Abroad: How American Seamen Amuse Themselves in Distant Parts—The Work of the Coroners— The Storm in Trenton. SeeEditorials: Lead! Article, ‘Tho Democratic National Convention—The Presidential Con- test and the Simple Issue Before the Coun- try’—Amusement Announcements. The War in Mexico: Monterey Recaptured by the Government Troops Without a Fight—The Alabama Claims: ‘The Official Correspondence on the Exclusion of the Conseguential Damages—Cable Telegrams from England, Frauce and Spain—Personal Intelligence— Business Notices, G 8—Another Emeute at Randall's Istand: The Boys Overpowered, and Placed in Dark Cells—The Strikes: Disbanding of the Iron Eight-Hour League; Condition of the Other Unions— Prospect Park Fair Grounds—trotting at Fleetwood Park—The Duke De Montpensier Again—Melancholy Accident in Roboken— The Jersey Butcher Fight—Allowing a Pris- oner to Escape—Marriages and Deaths, O—Financial and Commercial: A More Active In- guy, for Money; Loaus on Call Made at Six r Cent; -The-Gold Poo! aud Their Suspected intentions; Possible Plans and Strategy for a Movement to Advance the Premium; De- moralization and Decline in Erie Shares; A “Bear” Market at the Stock Exchange; South Carolina Bondholders in Quest of a Kedress of Their Grievances—The Eyrie of Erie: Facts and Figures for Voting Stockholders—South Carolina Bonds—Brooklyn Atfuirs—The Con- uered Provinces—A Jail Delivery Spoiled in jewark—Police Matters, 40=The Seventh at Saratoga: A Midnight Rumpus and Deyiltry Par Excellence; “Fire in the Village; Perilous Adventures of an Im- romptu Fire ae’ Review by General haler—The Finding of Dr. Livingstone—The jeated Term—Amusements—Shipping Intel- nce—Advertisements, UeeInteresting Proceedings in the New York and Brooklyn Courts—Michigan: The Develop- ents in the Democratic State Convention— ‘lice Peculiarities—-Married Too Much— Music at Funerals—Arrival of the French Band from Boston—Advertisements, W2—Advertisements. Avornen Row on Ranpart’s Isranp.—Last Baturday the boys on Randall's Island, or rather a portion of them, rebelled against their taskmasters. The cause of the disturb- ance or its extent is not very clearly given, because of the disposition of those who have " full knowledge of the affajr desiring to pre- serve silence in the matter. These continual revolts show that there is something radically wrong in the management of the institution. It may not be the food question, the evil effects of the contract system, or the sectarian disci- pline practised; but that there is something wrong which requires inquiry and rectification is evident to all fair-thinking porsons. A report of the disturbance will be found in another part of to-day’s paper. Tse Erm Rauway Exrcrion To-Day.— The long-suffering stockholders of the Erie Railway will be afforded an opportunity to-day of deciding in whose management they will, for the next year, repose their many and im- portant interests. Wall street is filled with rumors of what stock-jobbing men have done since the coup that ousted the old ring. But all these later conspiracies go for naught if the stockholders are true-to themselves and elect men devoted to their interests. ‘The law was so shrewdly framed that the most expert tricksters in speculation and stock-jobbing can do nothing os against the real owners of the road. The inspectors at the election should see that the spirit and letter of the law are both observed in the provision allowing only legitimate stockholders to cast a vote: Tax Boarp or Hesury axp tHe Trxewent Hovsrs.—The Board of Health has taken the tenement house matter into consideration, and its officers are now busily engaged in in- specting these wretched homes of the poor. The idea is a good one, aud we hope some practical results will accrue from the under- toking of the Health Board. If the work ter- | tninates with the mere visiting of these places, and the subsequent publication of the facts of the miserable drainage, accumulation of dirt ond disease found in them, the labor might as well have been left alone. The Health Officer made an inspection of the city horse cars some time ago, found most of them badly ventilated and kept in a miserably un- clean condition; but nothing arose from the investigation, no reformation succeeded, and the cars are now as dirty as ever. “ Let us have | something more practical in relation to the homes of the poor; and that sweeping reforms fre neoded in this direction will be readily admitted by any person reading the Hrnap's report of their condition in another part of Spe papers : The Democratio National Convention— The Prosidentiai Contest and the Simple Issue Before the Country. The Heraty’s special despatches from Baltimore published to-day place before our readers a full and graphic description of the scenes and incidents in that city on the eve of the assembling of the great National Convention of the democracy of the United States, which is to close up the preliminaries of the Presidential contest and be the signal for the commencement of the real, earnest work of the campaign. According to these accounts there is entire harmony among the delegates on the main point of the policy of a union with the liberal anti-adminis- tration republicans op the platform and candi- dates already placed in the field at Cincinnati, and while there may, and doubtless will, bea full expression of individual sentiment on , the 5 part , of the . members _ of tho Convention, - there appears to be little doubt » of ; the ultimate " result. The 9th day of July, 1872, in our judgment, is destined to become an important landmark in the political history of the United States, as the day on which the democratic party, cutting loose from the dead issues of the past, took the field against General Grant in union with an important division of the republican party, with one of the chief apostles of that party as their standard bearer, and substantially upon the same platform as that upon which General Grant was in 1868 elected. Since the time of General Jackson there has been no national council of the democracy, the meeting of which has excited so little of party anxiety and dissension as this, and it is because there appears to be no doubt or uncertainty as to the action of this Convention, From the spontaneous uprising - of the ronk apd file of the party throughout the country, with their instructions to their delegates to Baltimore in favor of Mr. Greeley, it was evident somé weeks ago that a majority of this Convention had been secured sufficient to nominate him on the first call of the States, and under the two-third rule, against all op- posing probabilities. The only question open to discussion in reference to the adoption of Mr. Greeley as the democratic candidate is whether his nomi- nation shall be made in the usual way—viz., ina call of the roll of the States for their vote respectively, or shall be simply suggested by endorsing the Cincinnati platform and making no nomination whatever. It is said that the leaders of the original Missouri coalition movement against General Grant are in favor of this “‘passive policy,’’ on the ground that in formally “making Mr. Greeley the democratio candidate he might cease to be regarded as a republican, and might thus lose some of his repub- lican followers, But, on the other hand, it is more wisely contended that a regular demo- cratic nomination is in every way more manly and proper, and thé masses of tho party are in advance of its leaders in behalf of Mr. Greeley. We presume that all quibblings and equivocations upon this matter will be cast aside, and that. the Convention, honestly meeting the question, will nominate Mr. Greeley in the regular way. In any event, the liberal republicans should leave the man- agement of this Convention to the demo- crats, as the democrats left that at Cincinnati to the absolute direction of the liberal re- publicans. Pursuant to the call of Mr. O'Flanders, Presi- dent, and Mr. Van Allen, Secretary, they heji yesterday in Baltimore their anti-Greeley Demo- cratic Convention; and from their proceed- ings, it appears, they will attempt something farther to-day. But these little outside gather- ings, usually attendant upon these national conventions, are like the side shows of a travelling menagerie—they may serve to amuse afew outside stragglers, but they do representing the Various political elements opposed to General Grant, and these gentle- men, after comparing notes and finding that Mr. Greeley was the man for Baltimore, judi- ciously agreed to adjourn, and did adjourn, without saying anything more on the subject. There were a few free-trade bolters, however, from this conference, who got together ina little conference to themselves next morning and nominated an independent Presidential ticket, which disappeared from the public eye before the next day’s setting svn. And a simi- lar fate, we fear, awaits the independent demo- cratic ticket of Messrs. O’Flanders and Van Allen should they go through the forms of nominating and proclaiming a ticket of this description. There will be no room in this Presidential contest for more than two political parties— the party supporting and the party opposing General Grant's administration—and because it is generally understood that while a division of the opposition forces might secure the re-election of Grant a coalition of the forces would render the result very doubtful. Hence the withdrawal of Davis and Parker as the Labor Reform candidates; hence the complete failure of the Temperance Presi- dential ticket and the Woman's Rights ticket to make any impression upon the public mind. All the anti-administration elements of the country have been and are awaiting the issue of this Baltimore Convention, and with the expectation of its adop- tion of the ticket and platform of Greeley and Brown. With the adjournment | of this Convention, after finishing the work its | delegates have been instructed to do, all the | loose politicians and floating material of the | country, having no other alternative, will be | rapidly attracted to Grant or Greeley. Nor will the republican party meet the demands of the occasion in assuming that there is nothing in this coalition of anti-Grant repub- licans and democrats except a desperate game for the spoils. Yielding the point that this alliance against Grant is largely composed of disappointed politicians and rejected office-seekers, are not the same materials found in every Presidential contest arrayed against the administration? They are. On the other hand, are not the successful and favored office-holders who are eager to hold on to the spoils, out of which they are envich- ing themselves, laboring for the success of General Grant as such men always labor for the party that provides them with their bread | and butter? They are, Next, upon this test of the professional spoilsmen, the ins and the ‘ outs, office-holders aud oflice-seckers, ore not not interfere vith. the programme inside ‘the big” tent.» There “was “recently a conference at. tho Fifth Avenue Hotel, | the outs stronger than the ins, in the propor- tion of five toone? They ard. But the main question, the paramount idea among the honest opposition elements in this campaign, is an idea of reform in the govern- ment through a change in the administration. The opinion is widely entertained that in his domestic policy General Grant has rather re- tarded than assisted the reconciliation of the South with the North, and that in Mr. Fish’s foreign policy, in reference to Ouba and Spain and Mexico and England, General Grant has failed not only toseize his opportunities for the advancement of the idea of ‘manifest des- tiny,” but has failed to maintain, as it should be maintained, the dignity and honor of the country. All things considered, it may be contended that General Grant in his domestic policy has done very well, or at least as well as could be expected, and that he has wisely kept the government on the safe side of economy and retrenchment. But still there is & grow: desire and a restless agitation operating upon the public mind in favor of a change—anything for a change, ‘anything to beat Grant’’—which goes beyond the narrow idea that all this is only a scramble for the spoils; and with the foreign policy of the ad- ministration there is a serious dissatisfaction, not confined to the politicians, but spreading among all classes of our citizens. In this re- apect the fault has not been so much with General Grant ag with the incompetent _ad- visers by whom he is surrounded, and from whose influence he ought long since to have emancipated himself. On the great issues settled by tho war of Southern reconstruction, embracing the new constitutional amendments of emancipation and equal civil and political rights to the black race, the administration and the opposition party stand upon the same ground. In 1852, the whigs being in possession of the govern- ment, the democratic party, with Pierce as their candidate, on the slavery com- promise measures of the great whig, Henry Clay, as their platform, defeated the whig can- didate, General Scott, so completely that the whig party never rallied from that disaster, but was next disbanded and dispersed. Now, with the two parties—the administration and the opposition party—brought round again to the same platform, may not the party in power be again defeated with its own weapons, and particularly as the republican party, having fulfilled its appointed mission, can no longer plead the necessities of the war for the Union orof reconstruction. We anticipate, from the ratification of the ‘new departyre’’ of the democratic party by this Baltimore Gonven- tion, one of the sharpest, most exciting and most closely contested Presidential battles in the history of the country. The Release of Dr. Houard by the Spanish Government—Spain’s Cuban Policy. It is officially announced from Washington to-day that the Spanish government has ex- tended a full pardon to Dr. Houard, with whose case our readers are familiar, ordering his re- lease from imprisonment and the restoration of his property. On Sunday last our special cable despatch from Madrid brought the intel- ligence that the American Minister at the Spanish Court had refused to request this act of clemency at the hands of Spain, and had persisted in demanding the uncon- ditional release of Dr. Houard as an Ameri- can citizen illegally deprived of his liberty, in consequence of which, it was said, the libera- tion of the prisoner was likely to be delayed. We condemned the position taken by the American Minister as unbecoming a great and powerful nation, and showed from the state- ment of Secretary Fish himself that we had no ‘right to demand Dr. Houard’s release, but could only ask his liberation by the Spanish government as an act of favor and courtesy to the United States. From the promptness with which the fact of his pardon has been now made public, simultaneously at the national capital and at Long Branch, we presume that General Grant lost no time in forwarding instructions to our Minister at Madrid to recede from his untenable and unfortunate position, and that this more grati- fying termination of the case is the result of such instructions. It is fortunate that the dis- agreeable affair has ended in this manner, and that we have escaped the awkward dilemma in which we should have found ourselves if we had persisted in demanding what the Spanish government could not have granted, and what we had ourselves shown we had no right to ask. Better that we should back down from an unjust ultimatum than that we should incur the suspicion of attempting to browbeat and hector a nation weaker than our own for political effect. ; ‘ The Spanish government has shown no more than becoming courtesy in conceding to us the pardon of Dr. Houard. The adminis- tration at Washington has treated Spain with peculiar favor. Its policy has added ten years to the Spaniards’ lease of power in Cuba. The Spanish representative in America could ask nothing of our government, that would not be cheerfully conceded, dud __ his diligence and loyalty to his ~ King have prompted him not to be backward in urging upén our authorities the most ex- treme enforcement of the laws against the Cuban sympathizers in the United States. The refusal of Dr. Houard’s release would have been as ungracious as impolitic. But the clemency exercised by Spain in this instance is no atonement for the brutalities her authori- ties in Cuba have enacted towards the suffering and courageous islanders and towards all who are suspected of aiding them or sympathizing with those who have been unfortu- nate enough to fall into Spanish hands, The pardon may gratify the adminis. tration at Washington; it will snot satisfy the American people. A change: is about to take place in the administration of Cuban affairs, and no better opportunity could offer for a discontinuance of the savage barbarities practised upon the struggling patriots and for an entire reform in the Cuban policy of the Spanish government. The party for the present moment dominant in Madrid cannot afford to outrage liberal sentiment and to violate liberal principles by a continuance of the oppression | and tyranny that have marked the rule of Spain in this colony; and it would be fitting for Ruiz Zorrilla to mark his term of power by an act of clemency toward the Cabans that would ; Innke his name popular all over the United States and, indeed, all over the world, Now | that this diplomatic interlude of the Howard 6 noe NA PORK UEERALD, TUBSDAT, JULI gv, lota~inirnne pmhet case is out of the way, let us see whether a stirring and pleasing drama with a happy end- ing may not be presented to us by the present actors on the Spanish ministerial stage. the Trial of A Sensation Day in Stokes. Yesterday, the fifteenth in the trial for murder now holding #0 large a share of publio attention, was one of absorbing interest to those who followed the proceedings from day to day. It was a climax to the story of the shooting, for the details of thé shocking affair were gone over with all the painful minuteness of the law by the chief actor himself. The woman, too, was there, around whom the two men fluttered—the slayer and the slain—like birds fixed by the eyes of the basilisk, that fabled serpent in whose glittering glance death lurked for those who met its gaze, Beside the prisoner sat his mother, One cannot take in all the light and shadow of that group, as they sat in the crowded court, amid earnest wrangling lawyers and before twelve men soon to tell whether the man should live or die. Yet tho audience and the lawyers had all the outward exciterhent to them- selves. What there is of morbid longing that can find a pleasure in agg over poisonous sources oO! TOW ani crime was exhibited thei.” t coolness @ man may milster in telling the tale on which his very life depends was there, and the maj- gsty of the social compact ruptured by “breaking into man’s bloody house’ hung like a chilling pall over ‘all the scené. ‘The pub- lic yoind, accustomed, unfortunately, to murder trials, must have rare sensations nowadays before it becomes profoundly agi- tated by a homicide, Yet certain crimes stand out like landmarks in history to be the paral- lels and comparisons for crime ever since. Deep mystery surrounding the manner of a man’s taking off will sometimes create the necessary impression; but what morbidity delights in is the murder of one prominent before men’s eyes during life. How craving Curiosity stretches its neck as the curtain of the man’s inner life is lifted to show what of ghastliness, braveness, weakness, infatuation or phantom-romance may crouch behind! All these were satisfied yesterday in the court. The man who shot Fisk, alleging calm!v it was done in self-defence, sat quietly there pointing to the diagram, as if another being’s life were at stake. His story was clear and coherent, and the effect on the jury will tell whether, with the rest of the defence, it can wash away the guilt of the blood stains he admitted were on his hands. It was a terribly simple story, as it seemed, of @ man anxious +7 settle some sporting matter, brought: by accident face to face with an un- doubted enemy, and, by the enemy drawing a pistol, led to hasty homicide. Whether Justice, Uf it be blind, will feel this story weigh down the direct testimony for the people, is dificult to say. This evidence by the prisoner was much to the morbid, but it was not all. A woman was called to the stand, whose history is that of brazened shame, no matter how the animal and the mer- cenary were softened in the lines of her face. Nonchalant in bearing and terse in reply sho was; yet it must be remembered that her character is not the safe test of her truthful- ness under oath, although it may dam- age her credibility. She swore that the man now dead had, in his heyday of power, threatened the life of this prisoner ; for part corroboration she had a note from Fisk asking & meoting at the time when-~she was suing him at a police court for libel. It is with pain that the cleanly mind must, in considering this case, take in the coarseness of the circum- stances which give it that dramatic coloring which so often has answered for motive and interest since the days of Homer. Another tinge of blood is thrown upon the already en- sanguined tale by the indirect recital of a midnight pouncing by his ready hench- men, as alleged, upon a man who stood in the way of Fisk. Another witness told how Stokes had been followed by two men, believed by the latter to be spies of Fisk. And so with many wordy wars and recrimination between counsel the Court adjourned, leaving the end, doubtless, many days off, but with the most unwholesome portions of the interest exhausted. If scenes such as the above, stripped of the tinsel and false glare. of the hour, could be graven in their under- horrors upon men’s hearts some good might result. If it be gazed at in sober earnestness a while the tawdry garments will wilt into grave- clothes, and the horrific irony of the grinning skull peer hideously forth, showing that, whether the accused walks forth free, pines for life in dungeon darkness, or closes his life up- on a scaffold, the elements of every crime lie masked behind the fairest exterior that may come the way when once we leave the rigid path of right and virtue. Here is a mctal from yesterday. fa tna Tae Wan m Mexico is rich in startling surprises. But yesterday the revolutionists upd to have it all their own way. ‘To-day this is all chatiged. ‘The govérnnient troopa now appear to carry everything before them. If both reports be true then the familiar say- ing that “Every dog has his day’ (in the sense of but one day) is again amply illustrated. According to our special despatch from Matamoros the government troops have reoccupied Monterey without resistance from the revolutionists, who were expected to do such mighty deeds, but who retired and left the Juaristas in peaceful possession of that city. Generals Ceballos and Palacios, commanding two sepa- rate portions of the government troops, both agree in reporting the evacuation of Monterey by the revolutionists. Ceballos even claims that he is in communication with Saltillo, in the face of the fact that General Trevifio had but a few days ago surrounded that city with three thousand revolutionists, After such soemingly wonderful freaks of the fortune of war it would be idle to waste time and space in speculations as to the probable issue of the struggle, « ose Tux Perens or Brirary 1x AGREEABLE Con- cession TO Porvtan Riour.—The English Bal- lot bill, as amended by the House of Commons after its first discussion by the Peers, was be- fore the members of the House of Lords last night, The people were exceedingly anxious to know how the aristocracy would treat the measure as it appeared under its democratic revigion opd iupprevemonl, ‘There was, cou- sequently, a very considerable amount of excitement in the galleries, as a contest on a question of privilege, if not of principle, was expected to take place between the two branches of the Legislature, The Peers swallowed the measure pretty nearly as it stood, however, taking the dose with such a show of class amiability as will, it is thought, satisfy the democracy of the British people. This is an execedingly safe and very agreeable course of action for the federal barons, one which goes to prove that the principle which was maintained by their ancestors in the face of King John at Runnymede was invincible, as it is eternal and progressive. Bugle Notes the Night Before the Battle. Coming, as they do, like the last bugle notes the night before a battle, we make a few quotations from some of our partisan con- temporaries relative to the Convention at Baltimore to-day. The Chicago Times, of the 6th instant, (anti- Greeley democrat), declares that ‘the only road to success is for the Baltimoro Convention to boldly take upon itself the duty of respecting and acting according to the wishes of three-fourths (of the democracy), and throw the most disagreeable and objectionable demagogue of New York overboard.” mé of the Grooley papetd have been declaring that thé Chicago Times had succumbed before the Greeley deluge ; but it would appear from the above that it stili aur- vives to battle for the pure old Bourbon demo- lemogracy purer than that ever pro- en in the Re Grass region of Ken- tucky, for it is not at all adulterated by the Greeley process, The report, thereforé, that the Timeshad gone for Greeley was only a Roorback for the hour, a silly story to frighten timid democrats. The Times concludes :— As for the great body of the sincere and earnest democracy, whose voice will not be heard at Balti- more, and whose wishes will there be disregarded by the nomination of the most offensive anti-demo- crat and least trustworthy politician in the United States, they can honestly and patriotically say :— “We put no trust in those men; we wash our hands of the foul business; for the consequences we are not responsible.” The Cincinnati Commercial (early Greeley) sounds one of the softest possible notes on the eve of the contest, as if it would lull the Con- vention to-day to sleep on the great Greeley issue. It édommends the passiye policy, ina A by the St. Louis Republican, but which wis discarded by that print immediately after the Cincinnati Conygntion, when it nailed the Greeley and Brown flag to itd iasthead and took for its motto “No surrender.’’ The ‘passive’ was then called the ‘possum’’ licy, and the jum, like ‘‘that same old aaa “in Henry Boy times, begins to show its head. id sew The Philadelphia Press (Grant republican) thinks it probable that the Cincinnati plat- form will be slightly tinkered by the Conven- tion which meets to-day at Baltimore. ‘This change,” it adds, Lyi be a concession to the angry spirits that do got relish the feast to which they have been invited. A, few of thesd last-named _gentlemen—among them several members of the Pennsylvania delegation, the Delaware delegation and a number of Con- gressmen—go to Baltimore to secure the nomination of a straight-out candidate.’’ And here the Press significantly suggests that “they are bent upon as fruitless an errand as Don Quixote’s tilt against the windmill.’’ The Philadelphia Age (old-line democrat), although net a convert, it says, to the policy of nominating Greeley, is not blind to the circumstances which have invested the Philosopher of Chappaqua ‘‘with the peculiar fitness that many see in him for the existing political condition. His friends and his enemies seem to have worked together for him.” The Age concludes in the following philosophical strain: — But if, contrary to our opinion, two-thirds of the selected representatives of the democracy of the whole Union shall offer the leadership of the joint forces to Mr. Greeley or Judge Davis, or any other liberal republican, who has received the support and endorsement of a large number of democrats throughout the land, we shall accept it as the pikes decision of a political question in the le- gitimate and proper manner, which the minority, under the settled principles of the democratic party, have no right or power to reverse. The Boston Post (orthodox democrat, but going for Greeley) says, in its issue of yester- day, that the single purpose ghat animates the great body of the people is a perfectly safe guide for the democrats of the Union in con- vention assembled. They will assemble in Baltimore, as a party, ‘‘still further to demonstrate the supremacy of genuine pa- triotism over all forms of party rule.”’ This may be taken as the final bugle note of the orthodox democracy of Massachusetts before going into battle to-day. The Boston Advertiser (Grant republican) is slightly shivering at the prospect of the results of the Baltimore Convention. It warns its re- publican friends not to underrate the strength of this Baltimore combination, ‘Both parties to it,’’ it says, ‘have staked heavily upon the issue; and no trifling matter of punctilio or party etiquette will be tolerated between them,”’ The Advertiser advises those republicans to freshen thelr memories who think the time has come ‘to transfer the pdwer of making and administering the laws relating to the rights of citizens, to the public great te the power of the national govéftiment itself, to an adminis- tration in which the assassins of public credit and pubflo liberly Will be reprosented.’!. The Providence Journal (pro-Grant), of yes- terday, has nothing to say about the Conven- tion, but mentions paragraphically that “Mr. Greeley, while in Boston, was constantly in the hands of the democrats.’’ Whatever the re- sults of the Convention which commences its sitting in Baltimore to-day may be, one thing is clearly evident—to wit, that’ many repub- lican leaders and organs are about this time dreadfully ‘‘skeered.’’ The Condition of the French Treasury. In prospect of a fresh French loan being put upon the markets of the world we notice that some prominent European journals are | busily engaged in the consideration of the present condition and the future prospects of French finances. According to the terms of the treaty of evacuation, just concluded, France has to pay Germany before March, 1875, in addition to the sums already paid, the enormous sum of one hundred and twenty million pounds sterling, or six hundred mil- | lions of dollars, It is generally believed that the government will make an endeavor to obtain the consent of the Assembly to raise this entire sum by a single loan. Putting the matter in the simplest manner possible, it is estimated that the war has cost the French government and people about double tho original, war indemnity of ten hundred million dollar, Before the ac- counts aro finally closed another ten mi- lions will have to bo paid. Besides the loss of Alsace and Lorraine, which will largely diminish the revenue, the French State will havé had to borrow through the war nearly four hundred thousand million dollars, It is also estimated that, considering the terms on which France will be compelled to borrow,’ the annual addition to the dead weight mus be upwards of one hundred million dollars, making the whole annual dead weight four hundred millions, instead of one hundred and twenty millions, which was the sum before the war. Such enormous figures compel us to say! that the immediate future for France is not bright. It is impossible to refuse to that France in misfortune has revealed a amount of vitality; but, nobly as she had done, it cannot be said that she is quite meet- ing her obligations. The now taxes are not proving so itful as was expected. per cent additional taxation is a heavy burden! for France to bear, and it will not be at all wonderful if this burden has to be borne for many generations to come. If such a burden effectually binds France to keep the peace the misfortune of the French people may prove a gain to humanity. Canal=T' he Company's Rata “YintPédied, It does not by any. means appear certain that the Suez, Canal is gs yet to be 9 complete; and unqualified success. ft was always out opinion—and the opinion has been not unfre-' quently expressed—that the fall of the French: empire would have, sooner or later, a most! f ig effect on the prospects of the present. juez Canal Company. It was the duty ag well asthe interest of M. Lesseps to put the! best face on things. This he has done, and done most successfully. But bubbles will burst, and the truth, no matter how disguised, must reveal itself. With patience M. Lesseps and the Suez Canal Company have waited, hoping against hope; but now the shoe pinches so hard that the cry has been raised for relief, It is proposed that the original rate of ten francs per ton shall be charged on the carry~ ing capacity of the vessel, instead of, as for- Meérly, on her registered tonnage. Tho Lon- don Economist, ono of the safest of guides in: financial and commercial ‘matters, informs us, that the increased charges, provided the trafic continues 8 felons, will more than double the receipts of the company. It iy pdmitted by; the sétie authority that the Sontipany tieeds all’ it can edrn ; but the fear is expressed that the change may cause a new diversion of trade. It has been well known from the outset that but for the enterprise of British traders the Suez Canal could never have paid. To large; and wealthy establishments engaged in tho! Eastern trade the canal offered advantages in: the matter of timé; but the saving sect of time very bately covered the large increase off expénditire “necessltated by wi new route." Already there fs loud ou ng The British inerchants who have made use of the canal. ‘They haye gone into large expense in the way of ship building and otherwise, in the: belief that the original rates would continue. Now, all of a sudden, the rates are increased, and so increased that their slow and less enter- prising rivals, who have clung to the old ocean pathway around the Cape, cannot fail to beat them in the race. It is not wonderful that the merchant traders who have used the canal should be indignant. It is a curious part of the new arrangement that the ono authority to be appealed to by the dissatisfied is the Viceroy of Egypt—himself the largest shareholder in the concern. The Viceroy is a man of large views; and it is not at all impos- sible that he, secing the folly of the new ar- rangement, may compel some such modificae tions as will retain the British trade. To us the question is interesting mainly from the pos- sible circumstance that it may throw the Sues Canal into the European market, In the mar ket it will command lively interest the wide world over, and it will not be wonderful if it should put all the great nations by the ears. England is prepared to take advantage of the first fait opportunity to make it her own; bué the other great Powers will be slow to allow such an opportunity to arrive. It is impos- sible, come what may of the present difficulty; that the Suez Canal, already found so useful, can come to naught. Under some one Power or under a joint protectorate it must hence« forth continue to be one of the great pathways of commerce. Agricultural Meteorology and the Weather Bureau, The present attempt to adapt the metoor- ological reports to the varied and vital wants of agriculture is one of the most practical and significant ideas of modern science. The Henarp has at different times suggested the possibility and value of such a plan, and wo are glad to see that, under the sanction of a enacted by the last Congress, the Sig- Officer earnestly entered upon the work of bringing the reportg $he reach of the raral districts of the dotintryy a. > Less than ten years Aigo, and very shortly’ after the allied flects of England and France before the walls pf Sebastapol had been well nigh rescued from destruction by a timely storm warning, M. Le Verrier predicted that the time was near when the farmers of France would claim from the government the benefits of the meteorological system which has proved so acceptable to tho maritime populations. This prediction was verified in France almost as soon as uttered, and in this country the utility of the Signal Service in warning the mariner had scarcely been observed when the agricultural’ societies all over the country began to ask the extension of the system so as to meet their pe- culiar necessities, In obedience to this latter demand the last Congress gave the fullest authority to the Secretary of War for the en- largement of the Weather Bureau, and, as we learn, it now only remains for the farmers of the country to come forward and co-operate with the Chief Signal Officer in specifying the information they desire and in utilizing what is daily furnished them through the press. ‘The study of meteorology, in its application to the wants of tillage and husbandry, is as old as man himself, because it is the prime and primeval necessity of him who must cultivate the soil and in the sweat of his brow eat his’ bread. The only question for the farmer now is, will he avail himself of the meteorological labors of the Signal Bureau and the scientific observations and deductions of its officers or botake himself to the narrow resources of hia own vigilance, or, what is more common and, F