The New York Herald Newspaper, October 12, 1872, Page 6

6 NEW YORK HERALD : BROADWAY AND ANN STREET. ——_-——— JAMES GORDON BENNETT, PROPRIETOR. eee -No. 286 AMUSEMENTS THIS AFTERNOON ANB EVENING, UARE THEATRE, Broadway, between Thir- teunu and Fourteenth tirecth henna? Matinee at L3G "8 MUSEUM, Broadway, cornor Thirtioth ot. — Pa Snow Bing Bine. Alverson aed Evening. . THEATRE COMIQUE, No. 614 Broadway.—Vanizry Ewrertainuent. Matinee at 234. FIFTH AVENUE THEATRE, Twenty-fourth street.— Diamonvs. Matinee at 1. ACADEMY OF MUSIO, Fourteenth street.—Irauiay Orrrs—Matinee at 1—Lvota pt Lamuenmoon, WALLACK’S THEATRE, Broadway and Thirteenth strect.—PYGMaLiow anp GaLatKa. GERMANIA THEATRE, Fourteenth street, near Third AV.—DeR ZIGUENER. BOOTH'S THEATRE, Twenty-third street, corner Sixth avenue,—Ankau-Na-PoGux, Matinee at 14, BOWERY THEATRE, Bowery.—Caauiostro; or, Tax Scantet Dewon—Yanuex Jac GRAND OPERA HOUSE, Twenty-third st. and Bighth av.—Ko1 Canorts. Matinee at 2, BROOKLYN ACADEMY OF MUSIC, Montague st.— frauian Urena—Favgr, STEINWAY HALL,»Fourteenth stroet.—Matinee at 2— Repensteiy's Concerts. MRS, F. B. CONWAY'S BROOKLYN THEATRE.— Diaxonns. BRYANT’S OPERA HOUSE, Twenty-third st.. corner (th av.—Nucuo Minstaxiay, Kocenratciry, &c. ‘Matinee. 720 BROADWAY, EMERSON’S MINSTRELS.—Granp Ermiortan Eccentmcitixs. Matinee at 2 WHITE'S ATHEN.ZUM, 585 Broadway.—Nzaro Min- STRELSY, &c. TONY PASTOR'S OPERA HOUSE, No. 201 Bowery.— Granv Vaniety Entertainment, &c. Matinee at 2 8T. JANES THEATRE, corner of 23th st. and Broad- ‘way.—San Francisco Minstaxis 1x Faunce, &c, CHARLEY SHAY’S OPERA HOUSE, Thirty-fourth st. and Third av.—Vantery ENtertainment. Matinee. BAILEY'S GREAT CIRCUS AND MENAGERIE, foot of Houston street, Kast River. AMERICAN INSTITUTE FAIR, Third av., between 63d And 64th streots, NEW YORK MUSEUM OF ANATOMY, 618 Broadway.— Science anv Arr. TRIPLE SHEET. New York, Saturday, Oct. 12, 1872. a NEW YURK HERALD, SATURDAY, OUTUBER 12, 1872—TRIPLE SHEET. The Bank of England and its Power—The Financial Situation of Our Own Country=The Future and the Polley Needed, The brief cable telegram from London we published yesterday, stating that the rate of discount of the Bank of England had been advanced to six per cent, but (hat this had no effect on the price of American securities, is very suggestive. It is evident that the vast influence this great institution exercised so long over the financial affairs of the world is declining. The world is fast getting out of the leading-strings of this guardian in Thread- needle street. Even in England, where its influence is greatest, the other banks and the great capitalists are less under ita power than formerly and act more independently. This has been frequently seen of late, and is shown by the fact mentioned just now, that while the Bank of England tate of discount is six per cont the rate in open market was only five to five and a half per cent. But what concerns usamoro immediately is that tho action of the bank has had no offect upon American securities. This proves that the credit of this country is firmly established, that we are becoming independent of foreign control and that capitalists abroad ‘begin to understand the boundless resources and wonderful future of the United States. The course of the Bank jately in raising the rate of discount step by step, till it has reached @ point that only war or some other oxtraor- dinary cause heretofore has brought it, shows also that the money power is passing from England. There is no unusual event, nor any apprehension of one, either in the political affxirs of Europe or in the currents of trade or commerce to disturb English finances. With some few ex¢eptions, such as the ap- prehended deficiency in the coal supply, the strikes and rise in wages, and the general advance of prices, England is prosperous, full of aggregated capital and never had such a vast commerce as at present. To the ordinary observer, therefore, this action of the Bank, showing apprehension, must sppear strange. We think it is the desperate struggle of that institution to maintain its power under the changing financial situation of the world and to check the transfer of capital to other coun- THE NEWS OF YESTERDAY. 'To-Day’s Contents of the Herald. JKING COITON’S FUTURE EMPIRE! A TOUR THROUGH THE SOUDAN: ITS ASTONISH- ING FERTILITY, AREA, POPULATION, HIS- TORY, PROGRESS AND }UTURE—Fourta PaGs. “THE BANK OF ENGLAND AND ITS POWER! THE FINANCIAL SITUATION OF OUR OWN COUNTRY: THE FUTURE AND THE POL- ICY NEEDED”—LEADING EDITORIAL AR TICLE—SIxtH PAGE, RAILROAD HORROR IN KENTUCKY! A LADIES? CAR LEAPS FROM THE TRACK! TWO KILLED AND FIFTEEN WOUNDED—SEv- ENTH PaGE. A MAGNIFICENT OCEAN RACE! THE YACHT DREADNAUGHT SECURES THE CAPE MAY CHALLENGE CUP: THE PALMER NOT AR- RIVED—PAULINE LUCCA—Tuirp Pace. HONORS TO THE DISTINGUISHED DEAD! OFFI- CIAL AND PRIVATE ARRANGEMENTS FOR MR. SEWARD’S OBSEQUIES: HIS LAST HOURS OF LIFE AND THE OAUSE OF HIS DEMISE—THIED PAGE. NEW POSTAL TREATY BETWEEN FRANCE AND THE UNITED STATES: INCREASING FA- CILITIES FOR INTERNATIONAL COM- MERCE—SEVENTH PAGE. ANOTHER REVOLTING STORY OF BRUTALITY AT WARD'S ISLAND! NEGLECTING A SICK WOMAN—CHANGES IN THE MERCANTILE MARINE—TeEnTH PaGE. RIOT AND BLOODSHED AT THE BRAZILIAN ELECTIONS—NEWS FROM WASHINGION— SEVENTH PaGE, WHE FRENCH REPUBLIC! “PLON-PLON” AND THE PRINCESS CLOTIILDE ORDERED TO | LEAVE FRANCE—EUROPEAN CABLE NEWS—SEVENTO Pace, THE AMERICAN JOCKEY CLUB RACES—THE NATIONAL GAME—OBITUARY—Tuirp Pace. TAMMANY'S STANDARD BEARER! MR. DUNCAN | WITHDRAWS AND A. R. LAWRENCE, JR., IS NOMINATED: HIS SPEECH—THE LOCAL | POLITICAL FIELD—FirtH Pace. | “NO SURRENDER!” MR, GREELEY ON THE | G6TOMER ELECTIONS AND THE CHANCES OF THE POLITICAL BATTLE: CHEERY As | 4 ORICKET—Firta Pace. ‘A MURDER MYSTERY CLEARING UP! PEN PIC- TURES OF THE CRIME: THE SOPER TRIAL PROCEEDINGS—THE NEW YORK AND BROOKLYN COURTS—EicutTo Pace. HORRIBLE ROMANCE OF MURDER! THE | CASE OF MATTY HOWE, THE PISHRILL | MURDERESS—THE TAMMANY RING TRIALS | —E1cutH PAGE. THE WALL STREET BUSINESS AND OUTLOOK: ACTIVITY IN THE VARIOUS MARKETS— Nintu PaGe. VIRGINIA’S POLITICAL STATUS: BOTH SIDES ACTIVE AND HOFEFUL—THE INQUIRY INTO THE PATENBURG RIOT—TENTH PAGE. NEW YORK’S POLICE! THE PARADE AND BAN- QUET—AN APPEAL FROM THE REFORM | LAWYERS TO THE VOTERS OF NEW | YORK—Firti Pac. FROUDE, THE HISTORIAN, ON IRISH GRIEV- ANCES AND IRELAND'S NEEDS—R. M. T. HUNTER'S VIEWS ON THE NATIONAL FINANCES—CLOSE OF THE PLYMOUTH CHURC! ESTIV A: x Tue Tammany Nomination ron Mayon,— The Tammany County Convention yesterday nominated Mr. Abraham R. Lawrence, Jr., as the candidate of the Tammany democracy for Mayor of New York, Mr. William Butler Duncan, in o letter addressed to Mr. John | economists abroad. Mr. tries, Almost every week we are informed of the drain of specie from the Bank, and this, of course, is the immediate cause of its action in raising the rate of discount. This is its long established practice under such circumstances, The specie has gone principally to the Conti- nent of Europe to meet the French warindem- nity toGermany. While the Bank of England has been undergoing a process of depletion the Bank of France has been receiving an increase of specie. It is a curious fact that France, notwith- standing her terrible war disasters and cnor- mous weight of debt, not only maintains her credit, but is able to draw to herself such a vast amount of the precious metals. Doubtless this arises chiefly from her surprising manufacturing and industrial resotirces and the admirable management of her finances. Then Germany, under the fresh impulse it has received since the war and the establishment of the Empire, is becoming a greater commercial power and much stronger financially. England, conse- quently, has more formidable commercial and financial rivals than she had some years ago in Europe. But another anda more impor- tant cause, perhaps, operating to alarm the Bank of England, is the large and steady transfer of British capital to the United States, together with the great increase of exports from this country. The opportunities for profitable investments here and the high rate of interest money brings necessarily attract British capital. The shrewd moneyed men of England cannot help foreseeing the wonderfal future of this country, as they have seen that the most terrible and costly civil war of modern times cannot stop its prog- ress or impair its credit, They per- ceive, too, that with all our extravagance and vast importations the productions and ex- ports of the country are increasing so much that it will not be long before the balance of trade will be steadily and generally in our favor. Such is the prospect before us, and such is the effect which we begin to see already upon the financial affairs of England and in our financial relations with other countries, The strides the Republic is making in wealth, the establishment of its credit on a solid basis and the general prosperity must not be attrib- uted to the policy or management of the gov- ernment. In fact, these results have been at- tained in spite of a weak policy and much mis- management. Our boundless natural resources and the industry and enterprise of the people have proved superior to a defective policy and o bad administration of the national finances. This fact has not escaped the notice of able financiers and political Boutwell imag- ined that raising an enormous surplus revenue and paying off the debt at the rate of a hundred millions a year would raise the eredit of the government, and, as a conse- quence, had the utmost confidence of funding the whole debt ata lower rate of interest. We fear, however, that his object was principally political and that he looked more to the imme- diate popular effect than to sound financial principles or the fufuré. Had the burden of taxation been removed and only a small sum, comparatively, been applied annually to the liquidation of the debt the credit of the gov- ernment would have been more enhanced, the Kelly, withdrew his name, stating as his rea- son the apparent apathy of the professed organizations, which had failed to appreciate the sacrifices he was prepared to make in the interests of the city. The Tam- many municipal ticket will be completed next week, and the candidates of the opposing par- ties will then be in the field. When the nomi- yations are fully before the people it will be : which present the best claim to the sup- port of the citizens of the metropolis, Taawgsorvine Dax is coming round again with its family gatherings, roast turkey and general hymn of praise to tho bountiful Creator who bas blessed our land with fruit- fulness and peace, The President, according to the time-honored rule, issued bis proclama- tion yesterday, assigning Thursday, November 28, as the day for the celebration. Let tho ministers and believers of every creed in the United States, then, prepare to thank God for His blessings in their fairest language and pweotest melodies. Let the turkeys, too, take timely warning. country would have been richer, and we should | have been nearer specie payments; there | would have been less extravagance and more economy in tho government, and the people, | taking the impulse from an economical admin- istration, would have learned economy them- | selves. Everything has been kept up to the high pitch of extravagant war times, Capital- ists saw this, and hence Mr. Boutwell’s diffi- culty in funding the debt at a lower rate of interest. Demoralization and gold and stock -| gambling have been some of the fruits of this mistaken policy. The credit of this Republic ought to be as high as that of any country on the globe, or higher, and yet our six per cents are worth little more in the market than the British three per cents. No government is more stable and no nation has equal resources or such a promising future. Nobody doubts our ability or determination to pay tho last dollar of the public debt, or the certainty of the interest being regularly paid. Let us look at France by way of comparison, With an many, and with an accumulation of debt that makes it far more overwhelming than ours was, yet, with less resources, her credit stands higher and she maintains a specie basis, Is it not evident, therefore, that our financial policy has been very defective? But the question is now, What is to be done hereafter ? ‘We aro to have the same party and the same administration in power for another four years. May we hope that Congress will take a broader and more statesmanlike view of our national finances and the necessities of tho country? Will the administration change its Policy? Mr. Boutwell is not the man for Sec- retary of the Treasury. We ought to have in that important position a statesman of the highest capacity—one who will bring the gov- ernment to strict economy, who will not med- dle with Wall street or interfere with the natu- ral current of business in the country. Toaxa- tion might be and ought to be reduced still another hundred millions a year, and that would leave an ample income for necessary government expenditures, the interest on the debt and a considerable sinking fund. That is all that should be required of tho people for some years to come. The remainder of the national debt will be but a bagatelle com- paratively for such a rich and populous coun- try as ours will be some years hence to liqui- date. With taxation reduced a hundred mil- lions a year, with economy in the government and an able Secretary of the Treasury, the crodit of the nation would rise, industry would be stimulated, specie payments would bo reached and we should hear no more of gold gambling and less of corruption and unhealthy speculation generally. Signs of Coming Trouble in France. Our latest news from France is not encour- aging to those who believe in the continuance of the present form of government. Two days ago the Permanent Commission of the Assem- bly held meeting, and at this meeting the sentiments of the French peoplo seem to have been somewhat fully expressed. It was a pri- vate meeting of the representatives of the gov- erning power of the country. Many things were talked about, and on most questions there was difference of opinion. It was deemed necesary to consider the pro- priety of Gambetta’s political tour and the speeches which he had made in the various political centres. It was also deemed necessary to consider the treatment to which at Lourdes the religous pilgrims had been subjected. On both these subjects President Thiers had the opportunity of speaking. With the rude treatment of the pilgrims he had no sympathy. It was an attack on t#e Catholic religion, which was the national form of worship. With the course which Gambetta had been pursuing he had no sympathy, for the reason that Gambetta was doing his best to divide the nation and so render the position of the government more difficult. It is significant, too, that M. Thiers, while he seems willing to break with the Loft and leans toward the Republic, is not winning over the monarchists to his view of the state of things in France. The monarchists of the Commission laughed the President down when lhe declared in favor of the Republic. Thon, again, we have the information that the Duke d’Aumale and the Prince de Joinville have made up their minds to resign their seats in the Assembly. To crown the whole, so great is the fear of a pos- sible rising in favor of a restoration of the Bonaparte dynasty, that Prince Napoleon (Plon Plon) has been officially notified that he will not be permitted to take up his residence on French territory. It is not our intention to comment for the present on these facts, but we cannot avoid saying that the state of things now existing in France is not encouraging to those who believe in the permanence of the present government. Sooner or later the tug of war must come; and it is no longer to be denied that delay is not improving the pros- pect. We hope for the best; but it is quite evident that there must be trouble before there can be permanent repose. Prenat Action oF THE French GovERNMENT Aoarsst THE Impentan Bonarartzes.—The mere rumor of a French attempt at Bona- partist reaction in Paris, which has heen cir- culated in the French capital during a few days just past, appears to have alarmed or irritated the governing authority of the Repub- lic. His Imperial Highness Prince Napoleon Bonaparte and his wife, Princess Clothilde, who arrived in Paris lately, were notified offi- cially to leave the city and quit the soil of France yesterday. An agent of the Thiers government delivered the summons. Prince Napoleon replied verbally, that he “refused to quit his native land and he will yield only to force.’ The Italian Princess, Clothilde, was more animated in her expression, Her words carried refusal and proclaimed a deter- mination to resist. She desired the agent to assure the President that she ‘would only leave France between two gendarmes.”” This situation is exeedingly unpleasant for the con- tending parties. It may become dangerous to the peace of the nation. Bonaparte claims his right of residence as a Frenchman, who has accepted the Republic voted by his fellow countrymen. His wife has become French by her mariage, but she has warm blood in her veins, and an impetuous, proud ahd warm-héirted nation, ruled by a popular King, her father, ready to sympathize with her. It is to be hoped that this new French imbrog- lio will be adjusted soon, and in a satisfactory manner, for we learn, under date of midnight yesterday, that Prince Napoleon had just taken, his departure from Paris, Taz Deata or Wituum H. Sewarp has awakened a widespread teeling of regret all over the entire country which could be pro- duced by the demise of few men remaining in our midst. Foremost among these tributes is a graceful one from the pen of the present Secretary of State, by order of the President, to the memory of the great State Secretary of the stormy days of war. The courts of the city were adjourned yesterday out of respect to tho statesman now no more, the flags being at half-mast in every town where his name was known and his worth respected. The gloom which has settled over the town of Auburn, where he had of lato his unpreten- tious home, is seen to hang everywhere—in places, too, where he had never been seen, but where the magic of his inspiring patriotism had stirred men’s hearts in times happily gone by, The scene at the death-bed of the illustrfous man was truly a touching ono, and enormous debt before the late war with Ger- if its veil of ganctity is for a moment drawn aside it is because he himself belongs to his- tory. That he was cheered in his last mo- ments by those he loved will be some conso- lation to them in this their hour of bereave- ment. It is announced that his remains will be laid in earth on Monday next. The Causes Which Controlled the Rosult in Pennsylvania — Colonel MeClure’s Address. ‘The smoke of the battle in Pennsylvania has sufficiently cleared away to enable us to under- stand the influences which controlled the re- sult in that State, Colonel McClure, the chair- man of the Liberal Committee, in an address to the people, charges fraud as the basis of the republican victory; but if it was arranged in advance to commit the alleged wrongs it was also predetermined to make the long and bit- ter howl which followed. There may have been repeating, false voting and false count- ing in the large cities, and a profuse use of money in Philadelphia and other places; but nobody knows better than McClure the effect- iveness of a corruption fund in the mountain precincts, and it would be singular, unless there is more rhetoric than truth in his ad- dress, that the fraudulent practices should not ramify the State. We cannot regard the re- sult as in itself a positive demonstration of fraud, and while we suspect there wereisolated instances of all of the alleged offences, we shall demand something more cortain than glitter- ing declamation before assenting to the truth- fulness of a bundle of generalities, or brand- ing the people of a great Commonwealth as hopelessly venal and corrupt. People at a distance from Pennsylvania were taught to look at the contest through’ colored spectacles, Hartranft was painted a hue so terribly dark that the lighter shades and tints of the picture were forgotten and the malev- olence of the artists who drew his portrait entirely overlooked. He was loaded down with more than his share of the vituperation of a campaign of vituperation, and he ob- tained sympathy and votes on account of the extreme bitterness of the accusations brought against him. The character of his accusers had likewise something to do with procuring him votes and pro- serving republican fealty in the State. It is difficult for the purest of men and the most popular of politicians to carry any considerable number of voters from one party to another; and in a case like this, whero the recalcitrant leaders were charged with being greater sin- ners than the man upon whom their accusa- tions were showered, the effect could not well be anything but complete failure. This vic- tory is less a triumph for Hartranft than a re- buke to the virulence of his accusers, and it is a lesson which professional politicians are not likely soon to forget in conducting a campaign. Aside from every consideration of fraud on the one hand and a revulsion of fecling in favor of Hartranft on the other, it must be con- fessed that in Pennsylvania there is a kind of conservatism which prefers to keep the radical party in power. Tho Quaker and Dunker ele- ments are always for peace, and with them peace generally means an indisposition to change. The Dunker vote, especially, is large, and when it can be brought out, which is sometimes difficult, it always gives the State to the republicans. Among this element Mr. Greeley would nxt naturally be regarded as a fit candidate for the Presidency. Frugal in their habits of life and averse to pecuniary ob- ligations of every kind, these people believe the administration is paying off the national debt, and they endorse its policy in this re- spect. ‘We pay our debts,’’ they say, “and the government ought to pay its debts.’ If they were sure that Mr. Greeley would do as well they might be indifferent to the result in November, and certainly would have been in October; but the feeling of uncertainty in re- gard to his financial policy and the distrust of his financial ideas brought to the polls on Tues- day many voters who otherwise would have re- mained away. This refers particularly to the German vote in the interior counties, though it is, of course, also applicable to the Quakers of Philadelphia. Many business men voted the same way for reasons very nearly the same, the silent influence of the banking and money interests of the State being cast for Hartranft in Grant's behalf. The tariff exerts more influence in Pennsyl- vania than in any other State. Unalterably opposed to free trade and revenue reform, tho people compel all their politicians, without re- gard to party, to declare themselves in favor of protection. But this naturally gives the republicans the advantage, especially when Congressmen are to be elected. To successive republican Congresses has the State owed the enormous protection which has been accorded to her iron interests, All that could be given was given, and Pennsylvania is now anxious to hold on to what she has by keeping in power the politicians to whom she owes her prohibi- tory legislation. Even Mr. Greeley could not count much upon his faith in pig iron to pro- cure him votes when running on the same ticket with men who sincercly regard pro- tection as robbery. Pennsylvania is as wide awake to all the influences which are likely to affect the great interests of the State as Wall street to everything that may cause fluctuations in the price of gold, and if her voting popula- tion did not act with a full knowledge of their interests in other respects they would be sure to cling to the republican party as the party coed protection with the same kind of blind force which keeps the negroes in it as the party of freedom. And the negro vote in Pennsylvania is considerable, aD iti gagt for the republican party with nearly the sanié unanimity as In tho South. All this gives the republicans a sub- stantial majority in the State under almost any circumstances, and especially in a Presidential year, when the highest interest is excited in the canvass. Those considerations and the certainty of a preconcerted howl over preconcerted frauds lead us to put less faith in Colonel McClure’s address than the certainty of fraudulent prac- tices in Philadelphia and other cities would seem to warrant. A popular election nowa- days seems impossible without falso voting and false counting, but the cry of frauds is generally more huriful than the frauds them- selves, It does not seem practicable for gangs of repeaters to go round any city and poll a sufficient vote to control the result in a voting population of over six hundred thousand. Nor does the actual vote in Philadelphia seem enormous when the population of the city is } considered. Many of Mr. Greeley’s friends, in discussing the reported twenty thousand ma- jority given to Lartranft, accounted for it on the ground that the voting population had been raised from one hundred and thirty thousand to about one hundred and sixty-five thousand. This registration is in excess of the registra- tion of New York, with a population one-third greater than that of Philadelphia; but the vote cast falls below the vote of this city nearly twenty-five thousand. The vote cast in Phila- delphia on Tuesday does not exceed one hun- dred and eighteen thousand, while in 1868 it reached one hundred and twenty-two thou- sand. The vote, singular to say, is the light- est cast in a number of years, and wher confronted with the allegations of fraud seems to be an offectual estoppel to McClure’s case, but it is more remarkable still in view. of the excessive registration, The in New York last year was 152,692 and the vote 137,463, while in Philadelphia this year the registration was 163,000 and the vote in the aggregate 113,000, showing a registry greatly in excess of the voting population and a vote 50,000 less than the registry. There must have been the intention to commit fraud in preparing registry lista of such a character, and yet it seems impossible that the frauds were committed, in view of the light vote and the failure to develop proof of any systematic and general outrage upon the ballot. In taking this temperate view of the election in Pennsylvania we are not forgetful that some consideration is due to the allegations of Colonel McClure. Tho apparently fraudulent registry in Philadelphia is a proper subject for inquiry, and we hope the registry lists may bo made the subject of a searching investigation. Where such a disparity exists between the reg- istration and the actual vote an explanation seems necessary, and especially in a case like this, where the registration is evidently in excess of the voting population. If there were not great frauds in Philadelphia there was an opportunity for great frauds, These ought to be exposed and their perpetrators summarily and severely punished. This is all the more necessary if the registry is a fair one, since the ery of fraud, which has become habitual with the party press, is lowering us in the sight of the world and giving the impression abroad that a fair election in this country is impos- sible. The Coal and Other Mines of Ireland. “Tt’s an ill wind which blows nobody good.”” This sound old saw promises to hold true in the case of the extraordinary advance in the price of English coal. For several years cautious people have been throwing dis- trust upon the sufficiency of the coal supply of England to last fora long term under the very rapid draft upon it. Some statisticians have computed that, allowing for an increase of the quantity mined proportionate to that ot the last decade, three hundred years would ex- haust the mines to the lowest depth from which it could profitably be raised. Others, of the croaker class, declared with sad forebod- ings that the middle of the next century would see England’s coal cellar empty and her foundries and all enterprises employing steam power suspended or obliged to go beyond the island kingdom for fuel. Suddenly last Sum- mer an altogether different cause produced al- most the same disaster as would the announce- ment that the mines were used up. What with miners’ strikes and a great advance in wages, the coal has been so scantily and expensively raised that its price has gone up more than fifty per cent, creating the gloomiest ap- prehension of suffering in the coming winter among the poor, and forcing the sus- pension of many manufacturing establish- ments or their running on short time. In this emergency the Britons have ‘carried coals to Newcastle’’ from the mines of France and other neighboring countries, and the experiment is making to supplement their supply from the inexhaustible deposits on this side of the Atlantic, The fuel famine has also stimulated the search for coal in the sister island, and the Irish journals are jubilant over the alleged discovery of several most promis- ing coal measures in various sections of the Emerald Isle. Confident that ‘England’s difficulty is Ireland’s opportunity,’’ excitable Celtic editors vehemently urge Irish capitalists to set at once about thoroughly developing their coal mines, building up a great Irish in- dustry, and drawing back from England a return for the heavy tribute Ireland has so long paid her conqueror. We are presented with bright pictures of hardy and industrious laborers, supplied with abundant and well- paying employment in the land of their birth, and enjoying at home the blessings of abund- ance which they have till now been obliged to seek across the sea. Ireland’s towns are to grow, her churches and schools to be rebuilt and her people to become rich and happy. All these, and many other hopeful things, are predicated upon the successful working of the deposits of black diamonds which lack of concerted enterprise has allowed to slumber useless beneath the fertile soil of Erin. Not only crystallized sunshine awaits the labor of the Irish miner. Wic'low has long been known to possess rich veins of gold. Kinsale, too, is reported as recently producing a nugget of the same precious metal. Silver ore has also been found. West Cork is said to have mines of the finest copper in the United Kingdom. Sulphur is abundant in several localities. Benburb has slate beds of the finest quality. Lead, anti- y maguosia swell thg list of the mosily unproductive resouréed of Ireland. In this enumeration peat, the common fuel of the island, should not be omitted, as its bountiful supply is certainly a most material element of natural wealth. Shoyld the scarcity and high price of mineral fuel in England have the effect to induce Irish capital and enterprise to thoroughly work Ireland’s mines, it may in time happen that the western island may bo- come the thriving industrious hive of the King- dom, overshadowing England in prosperity, wealth and power, and poetic justice be vin- dicated by the removal of the British capital to Dublin and the transfer of commercial su- premacy to Cork and Galway. If such rosy dreams of future Irish greatness should not be realized, it is to be hoped that a full and prof- itable working of Irish mines may result from the attention now specially directed to these long-neglected elements of wealth. A Goop Exuisrr.—A report from the Com- missioner of Public Works, published to-day, shows that during the first eight months of Mr. Van Nort’s administration he has ex- pended one anda half million dollars less on accounts paid from taxation than was used in his department during the same period last year, and (wo and three-quarter millions less brought upon the city by Previeus administeations ee eran A New Posran Treaty Berween Fanos anp THE Unrrep Srarzs.—By a special cable telegram from Paris, dated in tho French capital yesterday, we are informed! that M. de Rémusat and United States! Minister Washburne have concluded a draft of a new postal treaty, in the name of, the governments and people of France and! America, which the Post Office authorities of both countries will accept, and which, it is highly probable, the French Minister of Finance will approve. Theinstrument will bd presented to the executive chiefs and the cabinets of the governments for approval at an early day, and receive, it is hoped, a finak xatification before the close of the present year, The first intent of the paper is for the attainment of increased facilities of commu~ nication between France and America, the ex- tension of commerce, and a more frequent and economical interchange of literature and news! by the press. This isa highly commendable diplomatic effort—a proper means for the cementing of national friendship and the pre- vention of war. Wat. Srazzt is active and lively nowadays, what with the raising of the Bank of England rate of discount and the speculation stimu- lated by the success of the administration party in Pennsylvania. Indeed, since the election in that State pools and cliques are springing up in Wall street like mushrooms aftera rain storm. Gold keeps between 112 and 113, and is rather stronger since the action of the Bank of England. Money is easy and the general trade of the city brisk. The dry goods merchants have had their hands full ever since the decision of the elece tion in Pennsylvania, for reasons which must be obvious, Tse Mzermne or Harry Bassett ann Mon- ancHisT to-day on the Jerome Park course for @ four-mile race will be a matter of great in- terest to all who value the horse as a racing animal. The unexpected defeat of the former on Saturday last in the three-mile race has not shaken the confidence of his admirers, an@ they hope for another victory for their favorite. Time will tell this, as it blabs most of men’s secrets. Apart from this event the last day of the American Jockey Club's meeting has al- ways hitherto been the great day, so that with a fine day we feel safe in predicting a bumper at Jerome. PERSONAL INTELLIGENCE. Secretary Delano left Washington last night for this city. General J. Hobart Warren, of Troy, ts at the Fifth Avenue Hotel. Judge H. R. Crosby, of Washington, is stopping at the Astor House. J. W, Young, of Utah, another of Brigham’s brood, is at the Astor House. Colonel John Winthrop, of Louisiana, is stopping at the New York Hotel. Professor John Tyndal will leave the Brevoort House for Boston to-day. Governor Hoffman returned to Albany from this city yesterday afternoon. Ex-Governor Lewis E. Parsons, of Alabama, yes- terday arrived at the Albemarle Hotel. Commodore ©. B. Hatch, of the United States Navy, is stopping at the Fifth Avenue Hotel. Oscar Townsend, President of the Cleveland, Columbus and Cincinnati Railroad is at the St. Nich- olas Hotel. Secretary Robeson makes short incursions into New Jersey from the Filth Avenue Hotel to instruct. her people in their proper political course. Koopmanschap is at the Grand Central Hotel. His home is in San Francisco. He is called @ Chinese agent, which title implies that he imports cargoes of “John” to this country to give California, Politicians an opportunity to berate the Heathen, LITERARY CHIT-CHAT. ge ‘TNE FOLLOWING Is the best part of Mark Twain’ complaint of the London piracy of his books:— MARK TWAIN AND HIS ENGLISH EDITOR, To THE EDITOR OF THE SPECTATOR:— Srr—I only venture to intrude upon you because I come, in some sense, in the interest of public morality, and this makes my mission respectable. Mr. Jolin Camden Hotten, of London, has, of his own individual motion, republished several of my books in England. 1 do not protest against this, for there is no law that could give effect to the protest; and, besides, publishers are not account- avle to the laws of heaven or earth, in any coun- try, as I understand it. But my little grievance is this:—My books are bad enongh just as they ara written; then what must they be aiter Mr. John Camden Hotten has composed half a dozen chap- ters and and added the same tothem? I feel that all true hearts will bleed for an author whose ie have fallen under such a dispensation as 13. If a friend of yours, or if even yourself, were to write a book and set it adrift among the people, with the cn apprehensions that it was not up to what it ought to be intellectually, how would you like to have John Camden Hotten sit down and Stimulate his powers and drool two or three original chapters on to the end of that book ® Would not the world seem cold and hollow to you? Would you not feel that you wanted to die and be. at reat? And suppose he should entitle these chapters “Holiday Literature,” “True Story of Chicago,” “On Children,” “Train up a Chiid and Away He Goes,” arf “Vengeance,” and vhen, om the strength of having evoived these marvels from his own consciousness, go and “copyright” the en- tire book, and put in the title page a picture ofa man with his hand in another man’s pocket, and tho legend, “All Rights Reserved.’ ’ And Mr, Hotten says that one nom de plume of mine ts “Carl Byng.”’ [hold that there is no afflic- tion in this world that makes a man feel so down- trodden and abused as the giving lima name that does not belong to him. How would this sinful aborigine feel if1 were to call him John Camden Hottentot, and come out in the papers and say he was entitled to it by divine right? Ido honestly believe it would throw him into a brain fever, if there were not an insuperatie obstacle in the vay, * . 1am, sir, &c., SAMUEL L., CLEMENS (“Mark Twain"). Lonpoy, Sept. 20, 1872, Mr. CHARLES BRADLAUGN’s paper, which the tel egraph says has been proscribed by the Englista government for refusing to register it for trans- mission abroad, is 7he National Reformer Secular Advocate and Freethought Journal, It is republi- can in politics and free-thinking in religion, and is in its twentieth volume. ‘Tue Atheneum pronounces the late Dean Alford’a commentary on the Books of Genesis and Exodus to be “based on no competent knowledge of Hebrew, | marred by errors and defects, inspired by no acute criticism, and showing an imperfect mastery of the materials and literatare of the subject.” If the criticism be valid it is consoling to learn that we are to have no more of the posthumous work of the Dean, who died before finishing Exodus, THE BRITIsH PEOPLE are great meddlers with the bones of the dead. The body of Robert Burns has been dug up twice at least, and the last time the authorities of Dumfries boasted that they hat replaced the skull “in a box lined with the softest materials." Tne Saturday Review says of Lamon’s “Life of Lincoln” :—“We should have suspected that the work was prompted by party and personal ani- mosity to Mr, Lincoln, ifit were usual witn Amerti- can writers to conceal such animosity under tha mask of approval or of impartiality.” HERR ScHEUBE has published a work on German culture in Alsace, the object of which is to con- vince the Alsatians that they are excellent Gere mans, tf they would but see It,