The New York Herald Newspaper, September 25, 1873, Page 10

8 NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR Wolume XXXVII. AMUSEMENTS THIS EVENING. THEATRE COMIQUE, No. 5i4 Broadway.—Varrery ButemtaiyMent, UNION SQUARE THEATRE Broadway.—Beiixs or tnx Kir nion square, near NIBLO'S GARDEN, Bro . between Prince and Houston sts—Tue Back € ORAND OPERA HOUSE, Kighth ay, and Twenty-third h —Haunrep Houses, TONY PASTOR'S OPERA HOUSE, No. 201 Bowery.— Yautety Ex TeRTAINMENT, MRS. F. B. CONWAY'S BROOKLYN THEATRE,— Romeo ano Junie. WOOD'S MUSEUM, Brcatway, corner Thirtieth st.— Across Hu Continent, Atternodn und evening, BOOTHS THEATRE, Sixt! Ere Vaw WinKLE, NEW LYCEUM THEATRE, 14th street and éth av.— Norge Daux, METROPOLITAN THEATRE, 585 Droadway.—Vaniety ENTERTAINMENT, BOWERY THEATRE, Bowery. cniosity—LittLe Sunswine, and Twenty-third st— PARK THEATRE, Brooklyn, opposite City Hall.— CentraL Panx, WALLACK'S THEATPE, Broadway and Thirteenth street,—Dust anp Diamonps. BROADWAY THEATRE, 728 and 790 Broadway.—Ormra Bourru—La Fitte pe MapaMe Ancor. OLYMPIC THEATRE, Broadway, between Houston and Bleecker sts.—ALaDDIN—SINBAD TNE Salon. GERMANIA THEATRE, Lith street and 3d avenue.— Daet Foxe. ROBINSON HALL, Sixteenth street.—Tax Rorar Manionmrres, Matinee at 3, BRYANT'S OPERA HOUSE, Twenty-third st., corner Sixth avi—NEGRO MinsTRELSY, &c. HOOLEY’S OPERA HOUSE, Court street, Brooklyn.— San Francisco MINSTRELS. STEINWAY HALL, 14th st., between 3d av. and Irving Plage,—PRest iiGiraTion. BAIN TALL, Great Jones street, between Broadway and Bowery.—Tax Pi.crim. AMERICAN INSTITUTE FAIR, %4 av., between 68d aud 4th streets. Afternoon and evening. hs NEW YORK MUSEUM OF ANATOMY, No. 618 Broad Way.—ScimNCE AND ART. DR. KAHN'S MUSEUM, No, 688 Broadway.—Science AND Ant. QUADRUPLE SHEET. New York, Thursday, Sept. 25, 1873, THE NEWS OF YESTERDAY. To-Day’s Contents of the Herald. NLY A SHOWER! WALL STREET SO NCIERS SMILING UNDER THE SUN OF HOPE! FIRM OF HOWES & MACY THE LY Is RY RDAY! THE STOCK EX- CHA iT iT! THE BA ALL RIGHT! BUSI LY AWAITING READY MONEY—Sixtu PaGE. ‘“LEWS, HABICHT & CO., OF LONDON, AND A PRUSSIAN BANK, SUSPEND OPERATIONS! ASSETS AND LIABILITI OF THE FOR- MER! HEAVY SHIPM ‘3 OF ENGLISH BULLION TO AMERICA—NINTH PaGE. FINANCIAL PANIC IN AMERICA—JOHN BRIGHT OPPOSED TO THE ASHANTEE WAR —NINTH PaGE. WALL STREET WORKING HARD TO CLEAR AWAY THE WEBRIS OF THE STORM! CASH SALES OF STOCKS TO“UUTSIDERS— ELEVENTH PAGE, @NE TROUBLES AT ALICANTE, SPAIN! FRENCH VIOLATION OF NEUTRAL OBLIGATIONS SPANISH MINISTERIAL REFURMS FOR CUBA—NINTH Pace. SPAIN'S BOURBON PRETENDER ON HIS RIGHT TO RULE! KING OVER BOTH FRIEND AND Fo: ES OF THE PEOPLE! CAPTAIN GED HIDALGO’S NEMESIS! CAS- TELAR THE ONLY HOPE—SEVENTH PAGE. ANOTHER REVOLUTION IMMINENT IN MEXICO! y SSPATCHED TO COHAHUILA, DISTURBANCES! NINTH PAGE, POLARIS RELICS! THE CRUISE OF THE TI- GRESS,AND WHAT WAS DISCOVERED AT LITTLETON ISLAN! THE PARTLY DE- STROYED LOGBOO! INTH PAGE. BRITISH SCIENTISTS URGING THEIR GOVERN- MENT TO SEND OUT ANOTHER ARCTIC SEARCH EXPEDITION—THE PANIC SE) ING GRIST TO THE CABLE MILL—Nintn Pace, BROWN DEFEATS BIGLIN AFTER A MAGNIFI- CENT AQUATIC STRUGGLE! IN LESS THAN THIRTY-NINE MINUTES— TWELFTH PAGE. NOMINATIONS OF THE REPUBLICANS AT UTICA YESTERDAY! THE RESOLUTIONS! THE SALARY GRABBERS HANDLED RATHER GINGERLY |! CHEAP TRANSPORTATION AND COLD-WATER TIPPLES COMMENDED TO THE MASSES—Firtu Pace. HUNTINGTON'S SHAME! YESTERDAY SUMED IN TAKI THOSE WHO IT!” TAR-AND-FE Par. QUPPLICATION AT THE SAINTS! THE FRENCH PILGRIMAGE THE PAPAL BRIE THIRTEENTH PAGE, TUMULTUOUS LAVEHOLDERS ‘ ROBERTS AND BABY yr DEBEVOISE’S EX. & LONG ISLAND CITY THE CON- SHRINES OF THE AND TERRORS OF THE ¢ A BRIGANTINE WRECKED! TE L! SUFFERINGS OF THq CREW—ELEvENTH Pace. BUNGLING E UTI € A MURDERER IN ENGLAND! DIsT! SING ON THE SCAFFULD—A —-HEABTLE BREACH OF PROMISE CAs Pack. . MR. LOUBAT AND THE CAPE MAY CHALLENt CUP—A JERSEY STATE PRISON TRAGED ENGLISH /—THIRTERNTH SixTo Pace. | THE POLITICAL SKY FALLING UPON THR Fac. TIONS! THE LARKKS THEY ECT TO CATOH! TAMMANY’'S POLICY AND PRIMA. RIES—TROTTING AT DEERFOOT AND PROSPECT PARKS—SEVENTH PaGE, QOURT NEWS—JUSTICE FOR A POOR JEW— FOUMTEENTH PAGE. Commanpern Green's Orriciat Report of the cruise of the Tigress in search of the Polaris, which we publish this morning, is an exceedingly interesting document. It is dated “Godhavn, Island of Disco, August 25, 1873,”” and is essentially testimonial of the accuracy of the despatches of our special correspondents heretofore published. A Mocs Mixep Coazrron m Wisconsty.— | The Wisconsin grangers and reformers have get up am independent State ticket, with the Pnderstanding that it is to be adopted by the @emocrats and liberal republicans, But will this much mixed coalition carry the State? Tt may; but it may, on the other hand, prove Once more the truth of the old maxim that “too many cgokg spoil the broth.’’ TRANSATLANTIC | FIVE MILES | The Pantie Passing Away—Some of the Causes Which Produced It, and the Daties That Will Follow It. ‘The best simile we can find to describe the woek of panic in Wall street is that of a simple conflagration. Indeed, it would be almost as easy to make a map of the burned district as it was of Chicago or Boston or Baltimore. A few streets in the neighborhood of Wall and Broad included all that there was of real financial danger or actual financial disaster. A few daring and specu- lative brokers, and fewer unsound banks and trust companies, yielded to the flames for which they had provided the combustibles, but beyond these no business interest suffered, and trade generally was unaffected. Even the failure of Howes & Macy yesterday added little to the excitement, and it seemed appar- ent on every hand that the panic is slowly dying away. In the end it will scarcely be regarded as a disaster—certainly not a national disaster. The great lesson of the panic is, that while it caused fear and alarm almost everywhere, it was in reality confined to those who created it, and it is apparent at last that Wall street may be convulsed to its very foundations without in- volving anything beyond it. Hereafter the bulls and bears of the street may tear each other to pieces, and they will only be regarded by solid business men as so many marionettes playing their puppet parts for the amusement of people who delight in witnessing the curi- ous effects produced by cleverly managed machinery. The panic came almost without forewarning, but it was the result of causes long in active operation. The war had left us a legacy of shams and false growths. Though it is more than eight years since Grant took the sword of Lee at Appomattox we were not yet free from the fatal poison of war specu- lations and the loose notions of business and business integrity with which the people were innoculated. And other things grew out of the war equally hurtful with this constitutional disease. It gave us an inflated currency, which enticed men into speculations, certain at some time to create a stringency for them, Overtrading, consequent upon the war spirit of speculation, depleted the country of its gold and made a return to specie payments impolitic, if not impossible. Watered stocks became a common species of fraud and rendered shares comparatively worthless, while their values were unsettled and uncer- tain. Congress turned the system of pro- tective tariffs into robbery of the people without any corresponding returns to the Treasury. The national banks proved a lumber- ing device, useless as an aid to ordinary busi- ness, and with a circulation entirely dependent on the national credit. The reckless manage- ment of trust companies and savings banks was in keeping with the daring spirit of specu- lation which has just caused the bankers in Wall street who sowed the wind to reap the whirlwind. Log rolling in legisla- tion, both State and national; the constant recurrence of defalcations by men holding the most sacred fiduciary relations to the people andthe government; the Tammany frauds; the criminal management of Erie, a word long synonymous with reproach and bad faith; the general corruption in and out of Congress; the manifestations of Cmsarism in the dominant party, and the deadening moral tone among all classes of society, tended to | bring about the crash which well nigh involved the country in ruin. It is a remarkable circum- stance that financial houses antedating the war have fallen because of the evils generated by the war. They caught the infection, and, though they seemed to fatten on the poison, they were swept away by the plague in the end. The results have been fearful, but they bring with them a promise of purer health and sweeter strength in the future. It would be easy to prophesy that so many concentric circles of evil, all tending to de- struction, would, sooner or later, bring terrible | punishment ; but it was not so easy to foresee that among so much of evil there should be even more of good. The commercial and in- dustrial interests of the country are sound and secure. The national credit is firm and un- shaken. Gold is as stable as in ordinary | times. All these are healthful signs—especially healthful when Wall street is convulsed with- out convulsing anything beyond it. It was almost a tradition that when the street is sick the country is also sick, and at such times it | proclaimed itself a very pool of Siloam to the | decrepit. Now, however, it is astonished that | it lacked the power to disseminate disease and | that no angel troubled the waters that | it might heal itself. The failures which followed each other in such rapid succession were only so many pebbles thrown | into the pool, which had no effect except to make ripples on the surface. No inflation of | the currency was needed beyond the wants of a few speculators, and herein’ it was that | President Grant met the situation with true | wisdom. He gave them greenbacks for bonds and refused them everything else; but even here the speculators were unfortunate, for those who most needed the greenbacks did not | have the bonds. Nothing was left to them except to go to the wall, and in going they have so | far hurt nobody outside of the whirlpool of | speculation. The great business interests | which centre in the metropolis see that they | are independent of the men who toss stocks | up and down, and in the future fancy shares E | bought and sold upon a margin will have little | more influence upon the market than the | triumphs of the prima donna at the opera. | As it seems to us at this time the only thing , to be feared is in the reaction consequent uvon the opening of the Stock Exchange. | There have ‘been no actual operations in stocks for days, at least none which will serve as a basis for determining the value of shares, | There can be no clear test till the Stock Exchange is again pursu- ing its ordinary routine, Even people seeking investments at the depressed rates are not able easily to obtain what they seek, While the Stock Exchange remains closed it is almost perpetual Sunday among the brokers, but when the reaction comes it is | to be feared that stocks will jump unusually high. When the weight is removed the scales are certain to go up. This is an evil that would soon correct itself, but it is to be guarded against, like every other dan- ger. It seems to follow from this that the Exchange shou¥l be kept closed a day or two longer. It might not prove hurt- fal to open it to-day, but the sante spirit of breqautign pnd moderation which bay pyen NEW YORK HERALD, THURSDAY, SEPTEMBER 25, 1874—QUADRUPLE “i the crowning glory of the occasion—an occa- sion which, in spite of much evil, is exceed- ingly full of good—reqnires the oppo- site course. Though the danger seems past, it is not well to assume it until it is over beyond question. It is not well to bring the reaction too soon. If the crisis has been averted, as we believe it has been, the result is due entirely to the moderation of the government, the press, the business community and the people. A con- servatism unknown to financial panics here- tofore ought to have its complete victory and its full reward. While mourning the misfortunes of our business men—even of those of our business men who courted their own ruin—we cannot fail to see in the future a purer and healthier business life. But even this will not come without a struggle. The new situation will bring with it new duties. Assoon as the wounds of the panic are over we must reform the conditions attendant upon our present methods of doing business. We must have a sounder and more secure banking system. We must have a broader and more comprehensive finan- cial policy at Washington, To this end we would advise our Congressmen and our State legislators to acquire a little practi- cal business knowledge. Not one man in a ‘hundred of those who represent us at Albany has even the remotest notion as to what will make our savings banks an ab- solute security to depositors: We need some- thing like the English system, which makes every hoarded penny of the poor man safer than the throne itself. Congress must take up this subject and the subject of the national banks and the financial policy of the Treasury Department, so as to remedy our in- flated currency and render ‘runs’ upon our banking institutions impossible. The risk of exhausting a redundant currency by the un- expected withdrawal of deposits is the most terrible menace which can hang over any people. Happily the risk seems averted now, but we must not forget hereafter to take seri- ously to heart the fearful lessons of this week of conflagration. The Republican Convention—The State Ticket and Platform. The republicans in State Convention at Utica, yesterday, in a harmonious, business- like way, assembled, organized, nominated their State ticket, agreed upon their resolu- tions and adjourned. The following is their ticket for State officers :— For Secretary of State—Francis S. Thayer, of Troy, for place ot G, Hilton Scribner, republican. For Comptroller—Nelson K. Hopkins, renom- inated. For State Treasurer—D. G. Fort, of Oswego, for place of Thomas Raines, liberal republican, For Attorney General—Benjammn D, Silliman, of Brooklyn, for place of Francis C. Barlow, repubil- can, For Canal Commissioner—Colonel eyanes Meade, of cornee county, for place of John D, Fay, demo- crat. For State Engineer and Surveyor—William B. Taylor, renominated, For State Prison Inspector—Moses K. Platt, of boobies county, for place of Solomon Scheu, demo- crat. This is a respectable Stato ticket, and evi- dently has been adopted with a careful consider- ation of the claims of individuals and sections, and with an eye to business. The platform is an ingeniously constructed piece of mechanism. It recapitulates the glorious achievements of the republican party and its claims to the continuance of the public confidence and sup- port; it reminds the people of the iniquities of the democratic party under the Tammany Ring, and it tells the temperance men that the republican party of the State proved its devotion to their cause in the Local Option bill, which was vetoed by Governor Dix. Furthermore, this platform is built to catch the popular breeze on the transportation question and the ‘‘back-pay grab,” and it endorses the national and the State administration ; and what more could be desired? To be sure, the temperance men may not be satisfied with the cold shoulder, and Mayor Havemeyer may complain that he has been strangely overlooked; but where there are many things to be considered some things entitled to notice are sure to be for- gotten. To sum up: the republicans, heads aloft and colors flying, are in the ‘field for our November election, and the democrats have only a week remaining in which to harmonize and organize for their proposed new depar- ture. From present appearances they will occupy more than a day at Utica in the dif- ficult work of their State Convention. But nous verrons. More Municipal Plandering. We had some hope that the cycle of crime in official life had been well nigh run. But we still hear of robbery and fraud, far and near, among the officers of different local and State governments. We need not recite the cases in Washington city, Philadelphia, throughout the South and in other places. Our readers remember these. But here at and immediately around New York the virus of official corrup- tion and fraud seems to have taken deep hold. The four-year-old Long Island City, just over the East River, has followed the example set by the Tammany Ring in New York, the Brook- lyn Ring, and the Jersey City and Newark official robbers. The Mayor and City Judge of Long Island City, it is charged, have been carrying on things with a high hand. One charge, for example, is that the Mayor, acting both in his official capacity and as the agent of a land speculator, purchased land for the city at six thousand dollars and eight thou- sand dollars an acre which had cost a few days before and is valued at twelve hundred and a thousand dollars an acre. Mayor Debevoise, they say, purchased of himself, Mr. Debovoise, as agent of one Thompson, these lands for the Water Commissioners, This little operation, if correctly stated by the accusing parties, is equal to anything the Tammany Ring ever devised. There are other charges against this official quite as damaging. ‘The City Judge was one of the Water Commis- sioners and mixed up, it is said, in the nefa- rious business. At all events, the Common Council has passed resolutions impeaching the Mayor, City Judge and Commissioners of Public Works. Let us hope the people of Long Island City may be more fortunate than the people of New York were in bringing the delinquents to speedy justice. On the other hand, we publish this morning the statement of the accused Mayor, which, 80 far as he is concerned, appears a straight- forward and consistent story of fair dealing. But, to elicit all the facts in this business and in order that justice may be done, there should be a searching investigation, and without fegr, favor or affection, The Qualifications for the Office of Chief Justice of the United Stater— The Importance of a Prompt Ap- *pointment. ‘The grave importance of the office of Chief Justice of the United States has seemed to render it desirable that the views of our lead- ing members of the Bar and of other public men of character and experience, as to the qualifications that ought to control the selec- tion of Judge Chase’s successor, should be laid before the President and the people. To that end the Hexaip has published a number of interviews with gentlemen more or less known to the country, probably at the risk of wearying those of its readers who fail to appre- ciate either the danger of an injudicious appointment or the necessity of restoring purity and independence to the Supreme Court Bench. The sentiments expressed by the lawyers and others who have spoken through our columns are varied according to the standpoint from which they view the question. When we compare their sug- gestions as to the individuals who are deserving of the honor of the high position we find that legal luminaries, as well asx doctors, do not always agree. In the judgment of one, Mr. Charles O’Conor is of all living lawyers the best fitted for the Presidency of the Supreme Court, while another believes that Mr. O'Conor does not possess a single qualification for the office, and that, while a brilliant light at the bar, he would be a complete failure on the bench. In one quarter we are offered the opinion that Senator Conkling is pre-eminently pointed out by his qualifications as the most desirable successor of Mr. Chase, while in others the idea of his selection is scoffed at as, an absurdity, except as a political movement ; and even Judge Pierrepont—who has himself been named in connection with the vacancy— while conceding that Mr. Conkling’s abilities entitle him to seek any position in the gift of the people, evidently regards the Oneida county politician as better fitted for the politi- cal arena than the calm and dignified atmos- phere of the Supreme Court. So, through the whole list of those who have been sug- gested as probable aspirants for the honora- ble office, we find so many conflicting opinions as to the qualifications of individuals that if this were the only point involved we might be tempted to follow the example of the traveller with his mule, and give up in despair the effort to satisfy everybody. But on some points the soundest and most experienced minds agree, and their sugges- tions indicate the considerations that should guide the choice of President Grant. The Chief Justice should not again be an aspirant for the Presidency of the United States. Whatever service this or that ambitious poli- tician may have rendered to his party; how- ever materially he may have aided the suc- cess of the republican candidate in the last national contest, or however willing he may be to aid him in the next canvass, he should not be suffered to make the Chief Justiceship a stepping stone to a more powerful, if not a more honorable position. A Chief Justice who expects and desires political preferment at the hands of his party, says Judge Pierre- pont, might be apt to carry prejudices on the bench with him, and leanings in the direction of his future political interests would, perhaps insensibly, taint his decisions with party coloring; hence it is wisdom to determine that the Supreme Bench shall be the political mausoleum of its occupant. The soundness of these views will not be questioned, and we find the strongest minds in the coun- try endorsing the sentiments graphic- ally expressed by Judge Pierrepont and declaring their conviction that no Presidential aspirant should again be ad- vanced to the Supreme Court Bench. As to the qualifications necessary for the high office no difference of opinion seems to exist. ‘All our lawyers should be learned,” says Judge Pierrepont, and probably he says it with a sad recollection of what many of our lawyers really are; ‘but the man who may be placed on the pinnacle of an exalted profession should be gifted with talents of no ordinary nature.’ “Few are competent to fill the position,”’ says ex-President Fillmore; ‘he who has it should be a great lawyer; his reputation must be pure; he must be perfectly free and untram- melled; all political considerations must be excluded before a consistent, upright and im- partial performance of the duties can be ex- pected.’’ The universal expression of public sentiment re-echoes these thoughts. The Supreme Court Bench must grapple with questions of international law; with questions of constitutional law, involving the interpre- tation of ‘‘the people's great charter,” as Judge Pierrepont calls it; with inter-State issues; with the grave points of maritime practice. A mind fitted to calmly dissect and critically examine the arguments of learned counsel in all such cases, and to grasp the great principles which override and sweep away the mere technicalities of law, must indeed be one of no ordinary calibre. Yet if we are to have a pure and able judiciary; if the great rock to which our whole system of government can alone be safely anchored is to remain firm and unshaken, aman thus qualified must be se- lected by President Grant for the head of the United States judiciary. There will be no difficulty in finding such a Chief Justice as Judge Pierrepont and others have painted, provided the vision of the ap- pointing power be stretched beyond the nar- row confines of a political and partisan circle. If the successor of Judge Chase is to be taken from the politicians who have figured promi- nently in latter days the office cannot be prop- erly filled, for the partisans of the present time are notoriously corrupt men or men of appalling mediocrity. In Congress ‘‘smart- ness,’ in the American acceptance of the term, has taken thé place of ability; in the political arena effrontery and unscru- pulousness are the qualifications that insure success, If the Chief Justiceship is to be the reward of political services then we cannot hope that the selection will be stch as the country can approve. The delay in the ap- pointment is looked upon with distrust and apprehension, because it seems to indicate that the office is to be subjected to Congres- sional bargaining and intrigue. The Presi- dent should relieve’ the public anxiety in this respect by naraing the Chief Justice at once, and should evince his desire to restore purity aad independence to the Supreme Bench by elevating to ita head a citizen above the reach of political ambition; lawyer whose yepute- tion and experience render ins tegal ability to discharge the duties of the office uniquestion- able; a man whose breadth and calmness of judgment fit him for judicial position, and whose simple purity of life entities him to the affectionate respect of his associates. Reputable Citizens and Prize Fights— The Sin, Disgrace and Crime Them. A genuine, brutal prize fight on an is!and in the Mississippi, fourteen miles trom St. Louis, is an occurrence worthy of comment in this age, and worthy of the worst of the bad old days. The men were “heavy weights,” and the two thousand savage spectators were ‘‘made up largely of reputable citizens, among them quite a number of business men.”’ No doubt the reputable citizens of St. Louis paid a re- spectable price f r the pziviloge of seeing one brute pounded to a jelly by another. They always do pay for this privilege, as the brutes themselves bleed in the encounter, through the nose. Prize fighting in the East has hap- pily fallen into deexy and disrespect, not only among the “reputable citizens,” but among the roughs. The cause of this decay is a credit to human sagacity, if not a shining light on our compassionate humanity. The wretched ‘‘pugs” here who formed the central figures of the brutal gathering found that get- ting a shocking drubbing, with the usual mu- tilations, put money only in the purses of their backers. A ‘“mill’” for $1,000 a side meant that certain well to do brutes stood a chance of winning that amount from certain others of the same low and loud stripe, with as much more to be divided among its managers as they could extract from the savage curios- ity of the “reputable citizens.” The victor in the fight found himself a beggar around the flashy haunts of his patrons, while the vanquished, with his fea- tures in pulp, was a beggar to be taunted and despised as he received his pitiful alms. So the “‘pugs’’ prudently deserted what was mis- called manly, and took to the swindling tactics of their patrons. Who the discoverer was of the new safety process in pugilism we regret not to be able to-state, but it soon was adopted by the entire bull-necked and pug-nosed frater- nity in the East. Fights were arranged and “articles’’ signed at the office of the Bruiser of the Period; tickets for an excursion of the “‘hand-saw brigade’’ were sold at five dollars each, and then all the five dollar fools took a sail by the light of the moon. But there was no fight, except oecasional scrimmages on the boat when the “reputable citizens’’ objected to being robbed by the gamblers and thieves, who were pressed on board free. The “princi- pals’ had, meanwhile, been arrested, or mis- understood the articles, or had taken the wrong train, or, if captured and brought to ‘the scratch,’’ found it naturally impossible to dis- cover a man among the crowd honest enough to act as referee. This was prizo-fighting as we should rejoice to see it, and only short of the pleasure its final extinction would give. It had far more moral significance than an anti- prize-fight sermon to see a rum-soaked rough at a corner groggery, with a shrug of disgust say, as well as his churning quid would permit him to be heard:—‘‘Yah, they won't fight ; prize-fights is all sells.”” The late St. Louis prize fight indicates that the pugilists of that locality are as many leagues behind the intellectual standard of their brethren here as their city is from the seaboard. As the West grows we may hope they will grow with it into some semblance, morally, of theswindlers who honor the ‘‘pro- fession’’ here. There the men fought; here they know better. Physical courage is looked on, since the war, as really such a common- place article that these pretentious fellows who teed and train for months before they en- counter each other with their fists, fade utterly from the admiration of the hundreds of thousands who can recollect facing a ten- mile line of death at a moment's warning, on an empty stomach, and with as much non- chalance as if they were going to breakfast. While the existence of physical courage in the masses was unsuspected by the masses them- selves the reputable citizens—‘‘cankers of a calm world and a long peace,” like Falstaff’s recruits—might have had some apology for looking at two besotted beasts fittingly pound each other out of all semblance to humanity. With these thoughts we can muster a proper sentiment of contempt for the two thousand reputables of St. Louis, who disgraced their city and themselves, when they could have seen more blood flow froma single ox in a St. Louis slaughter house for nothing. The details show that it was a more than ordinarily sanguinary encounter. McCoole was soon “bleeding profusely.’’ Presently he is ‘knocked down with a fearful left-hander on the jugular.’’ Next round his face was being slashed ‘right and left, till it was a mere mass of bleeding and battered flesh.” A blow on the mouth caused “the blood to fol- low it in a great stream.’ He was now “scarcely able to hold up his hands—his left eye closed, a terrible cut under the right eye; right side of upper lip also cut off and nose broken.” What is the lust for blood, and how general and deep, yet how near the surface of our civilization is it that all this was not enough for the reputable citizens and promi- nent business men of St. Louis? Can human- ity no more shake this horrible thirst from its nature than the tiger can? This wretched creature, with a face like a piece of claret jelly thrown against a wall, did not apparently ex- cite the compassion of any one out of the two thousand reputable citizens of St. Louis until his fellow brute and executioner said, with a curious mixture of human pity, savage threat and the brute’s commendation of the brute: —‘‘It is a sin to send that man up to be punished. If you don't take him away Ill disfigure him for life. He is the gamest man Tever met.’’ Then some cried, “Take him away;’’ but not even for the sin of it could the majority be prevented from the satisfaction of seeing Allen again bury his knuckles in the quivering flesh of the deplorable object before him. McCooie, not they, was to be punished, so the round went on; but Allen simply knocked “his man’? down, and the beastly exhibition came to an end with the gladiators. shaking bloody paws. It is something for us to think that the old sptendor and circu.m- stance of the shows before the Cesars, when men were “butchered to make a Roman holi- day,” have been shorn from the degraded form in which holiday bloodthirstiness sur- vives in our day. The yells of tue frantic Romans, ‘‘habet’’ or ‘non habel,"” as, cach Weighed, coyrege agaipat thirst for blood, when —_— -—nciiaemianagpactennne ts the bleeding gladiator fell, blind and hetploaa, upon his shicli, and the vanquisher, with shortened sword, stood above him to finish or to spare, are echoed in the cries of the repu- table citizens of St. Louis about the ring on the island in the Mississippi. The barbariam victor, with his blazing eye toward Owsar, reluctant to execute, even when the clamors for the death of the fallen fellow barbarian shook the high roof of the Coliseum, is pre- served in the pitecus, brutal, commending bruiser, with his eye on the seconds of McCoole. The scenery bas changed in two thousand years, but the vile passions that survive time and stage effect are there in all their hideousness and with all their inspiration of an infinite regret. In the quiet village of Huntington we are becinning to learn fully how a staid community of church folks be- came a band of conspirators, and how the possession of their victim frenzied them into horrifying bloodshed and murder. The fact that some English man-of-war's men, who had been ragged school boys, panted lately for leave to attack the Spanish insurgent iron- clads has set half England's teeth on edge for Spanish blood. Times there are when blood- shed becomes a national duty, a national sacrifice, Such time was the late war; but the spirit of Christianity and civilization will condemn the reputable citizens of St. Louis as the denizens of Huntington have been con- demned, as the English thirst for Spanish blood should be. When Allen reproached the seconds of McCoole, and said the prolongation of the bruising was a sin, he did not dream what a bolt of hissing truth he shot at the two thousand reputable citizens and prominent business men. Itisasin; it is a disgrace ; it is a crime. They had committed sin against God; they had brought a disgrace upon themselves and their city; they had committed a crime against the law, and there was no one there but the prize-fighter with bloody fists to tell them so. . Indications of a New Departure in Spain—The French Loan. For some days past the news from Spain’ has been increasing in interest. Light seems to be breaking in upon the darkness. What may come of the meeting of Castelar, Serrano and Topete it is difficult to say; but that Castelar should have deemed it proper to hold a conference with those two leading men ia itself a most significant fact. If Serrano could be induced to take charge of the army, and if Topete would place himself at the head of the navy, it is not too much to say that two sources of Spain’s present misfortune would be effectually removed. The army needs to be reconsitucted and well com- manded. The navy is in a more hopelessly demoralized condition than the army, and needs to be reduced to subjection, order and efficiency. Serrano is the man for the one task; Topete is the man for the other. Will they act with Castelar in the interest of the Republic? If invited to take office under Castelar, we see no good reason why they should refuse. should be stronger than party. Interest is lent to the situation also by the announcement that the Bank of France has agreed to advance one hundred million francs to the Spanish government. Wonderful as it is that the Bank of France, so soon after the full payment of the war indemnity to Ger- many, should have so much money to dispose of, itis even more wonderful that the bank should be willing to advance that money to bankrupt and chaotic Spain. It seems to im- ply that France has some reason to be satisfied that a change for the better is about to be made in that unfortunate land. Let us hope that it is so, and as France has money to spare, and as Spain needs it, let us also hope that with the money the new Spanish govern- ment will do something effectual in the way of bringing order out of the chaos which at present exists. However things may result, it is undeniable that the situation has not been 80 promising since the resignation and retire- ment of Amadeus. Tre Pustic Srrvation m Mexico.—By special despatches to the Hera, under date of Mexico city and Matamoros, we have an interesting report of the situation which ex- isted in the sister Republic on the 24th inst. Congress had reassembled in session in the national capital. President Lerdo’s speech to the members gave assurance of the existence of peace generally, besides conveying a recom- mendation for a legislative encouragement to publio works of substantial benefit, particu- larly railroads. This is indicative of internal peace, with material progress—two grand es- sentials for territorial development, which tht Mexicans have affected to despise and have radely set at naught during very many years. The action of a State Congress produced a condition ot affairs in Coahuila which ap- peared like an attempt at secession, and which has ended by setting the members of the local Parliament on a perambulating tour in quest of a congenial centre for their meet- ing. The government of the Republic keeps the army in motion—a useful adjunct to dis- cipline. Costiy Hann Squmezive.—Mr. Alexander T. Earle never ‘popped the question”’ to Miss Roxalana Homan, but he pressed her hand, kissed her and was most attentive to her, and the Brooklyn City Judge, thinking the infer- ence was plain, awarded the injured Roxalana fitteen thousand dollars for what was inferred to bea breach of promise; and the Court of Appeals confirmed the judgment of the lower Court. Funny Judges these, in Brooklyn. Evidently they have great tenderness for the fair sex. Widowers and bachelors must be- ware not to squeeze ladies’ hands, or they may be mulct in damages. Tux Equrxocriat Srason of this fall, so far,* in the elements overhead and in the elements of Wall street, has been comparatively mild, and we still think that the worst of it is over, and that we shall get through without a cyclone or an earthquake. : We Lxzarn From Wasntnoton that the pur- chase of bonds at the Sub-Treasury in this city is to cease for the present. This action can scarcely prove any serious embarrassment, as the crisis appears to be sufficiently tided over to render more currency unnecessary. Our Stare Campaton is opened by the re- publicans. The democrats at Utica “ollow next week, and next the State Temperance Society, and next the liberal republivans, and then we shall have some, lively scenes among our city politigiaps, With such men patriotism é —