The New York Herald Newspaper, October 22, 1873, Page 10

10 “BOUTWELL ON FINANCE. {Ete A esumption of Payments. THE BALANCE OF TRADE The Policy of the Government Probably Indicated. Conditions Necessary For Resumption. - The Inflation of the Currency Recommended, ‘The second o: the series of the “Galaxy Course” ‘of lectures was delivered last evening at the Church of the Disciples, Forty-ffth street and Mad- ison ayenue, The lecturer was Senator George 5. Boutwell, the ex-Secretary of the Treasury, and ‘the subject of the lecture was “Finance and the Panic, and its Remedies.”” ‘The lecture attracted a large and intelligent au- dience, and, unlike the previous Galaxy Course lee- tures, one made up mainly of solid business men, specially interested in the important themes to be- discussed. Passing over the highly artistic prefaratory music on the organ and the ad- mirable introductory speech of ex-Judge Pierre- pont, we come to the appearance of Mr, Boutwell. He began his lecture in a very low and subdued tone of voice, which with many, no doubt, dispelled the first prepossessions in his favor; but, as he ad- vanced in his subject, his voice grew louder and Clearer, till, notwithstanding the natural dryness ‘of a theme so necessarily statistical in its charac- ter, his thoughts blending strangely, figure | tables and similes came forth in a strain of impressive eloguence—the eloquence in- separable from earnest growing warmth | in his subject. The comprehensive scope and clearness of his views, the incisive cogency of his reasonings and the irrepressible plainness of his deductions will be made apparent in the report of the lecture as given below. At frequent inter- ruptions he was loudly applauded, and, though | speaking an hour and a quarter, was listened to till | ‘the close with the most earnest and undivided at- tention, ? Mr. Boutwell, after a few prefaratorv remarks, ealus— Tought first of all to say that 1 pivot all the opin- fons I entertain on the question of finance, touch- ing the present condition of things (a condition Jengthened already beyond that which was de- sired), upon the idea we are to bring the paper value toa level witn that of coin, I make a dis- tinction between the paper value and the equaliza- tion of values in coin. I do not took upon it as practicable or desirable that the banks of the country shouid resume specie payment, but 1 awe expect thie government will We passing. or the great cities of Auntie const are ‘passing, through a very wevere finaucial crisis. We have a paper currency of more than $700,000,000. It is not possible for any one to say whether shis is in excess or rd We are suifering from consequences which I wil specify in three particulars. During the last Ive or six years there has been a depreciation Of the credit of the country. In 1869 the coin bonds of the United States was S2 on the 100. Under such circumstances it was not possible that the debts of the country could be paid in coin; it was only Png mela pay the interest in coin.’ During the t four years this evil has been remedied. We were a short time 0 offering —simul- taneously & twenty-year tive per cent bond with France, who was oifering a five per cent bond. Why should their bonds be sought for, wlile none Were subscribed for 1p moderate sums? The reason was that the bonds were given to bankers at 83 per cent on the dollar and sold at 84, while ours were sold at 100 and nothing less. An- other circumstance contributing to the present condition of things is the volume of paper vane rency, You may carry paper currency toa excess. The balance of trade has lnveely. teat against us for many years. We have not consid- ered sufliciently the Withdrawal of trade durin; the four years of war. There was the withdraw: of the cotton crop. The failure of the banks to resume specie payments was caused by accidental causes. But the inability of the country to resume specie payments was due to two causes— the disaster at Chicago and that at Boston—which swept from the earth $300,000,000 of property. Another fact must be taken into consideration. ‘You have Jarge speculations in igen on Wall street, but that speculation is based upon a continual demand of $250,000,000 per week. to resume and maintain cle payments until the balance of trade is very le against us. Ihave No iaith in any policy except that which develops the trade of the country, 80 that we can export largely to other countries. When we resume specie ayments | hope that we shall resume for our life- e. Within the last two years,we bave mastered two propositions which it was eg during the war we could not maintain, is was that the export trade and the shipping interest could wot be developed aiter the war and under a pro- tective system. But we have seen that both these have been developed. In the matter of Jabor, we have produced a _ revolution. ‘What were considered luxuries in former times we have commanded commonly and we have produced what are the substantial articles Of business at a corresponding cost with other countries. Connected with this subject is the in- crease of shipping in the country. the last year this trade has given some evidence of increase. In the year ending June 30, 1873, the proportion of trade done by Americans is seventy- three per cent, which is a slight increase. The last estimates tend to prove that the freight money on all goods and merchandize brought into this country amd carried out is $100,000,000. If so, this is $23,000,000 paid to cen cans, and het 1,000 paid to foreigners Saag last year. ‘hen we have equalized the trade be. tween ioreign countries, we shall have reduced the necessity | ot Specie payment $1,000,000 per week. The duties imposed upon the articles dor construction ot ips have been removed, and this is of great speed to the country. But there remus to be considered a policy which Telates to the shipping interest of the country. I think you must consider the day of naval engage- ments as over; for us, at least, itis certainly over. For the purpose of protecting commerce it is need- ful ony for us to show the flag of the country. The time is near at hand when America will have the power to enforce justice without recourse to war. II do not err in this, the naval armament May be vory much reauced, Instead of the present expenditure, we shall have a reduction of thirtyturee per cent. Two or three years ago the subject was agitated of subsidizing, first, lines ol steamships to various quarters of the globe, and “then generally the construction of vessels. It was then ascertained that a subsidy of $10 per ton would leave room for the construction ofall - beter Tequirea ey all the commerce of t country. Now, in consequence of the increased —_ of labor, a subsidy of $5 would enable It is impossible to control =the carryin w which the United States re ‘concerned Dear dave observed the operation of the Treasury oes for five years tiiis fact is before you, that during the summer months, when there is but littie real mecessary use for capital, the ‘Treasury De- mens has accumulated to the amount of Fro,onae $12,000,000, and even in one year more 0 for the purpose of mecting those feo in financial affairs which, in this coun- By, sme vimblethe Anya) Bone = prees- in pe ion ie prosperity of the coun- ad Othe therefore, while they are to be ode ‘with some Serie still they qe 48 an incident in the operation hat in tie end contributes to the public welfare. bard to the, necessity of ising the capital which the summer months cctmiiates in the cities in hecountry to the seaboard, crops@broad. This moving the, Wife or using ft £0 is the natural ‘conatu on oF enna. : i EE od tae 4 conditi hinge, with proj safe-guards, sri ety to pds pressure: on, vi. Boney market, whic ral caused. fui means’ SW own Feller tn ‘inst thet the money taken from New ork =o be gent South and West and mded ing urchase Of the produats of these 3 ore, od of wad ae in New ¥ ma ire ings destruction to nobody, ce the capital of tre neontey being tem Ployed in the and t) on. seante og then the a4 i one a AS four arty an o these yee s=therde produc’ om one Sense Peet, enleutated ta Wo of those years it cont; Hirgeiy to to og ed a Pew 1869 staat grows out ‘of the practice tolerated by law, which pat at succes anet en sive tithes has _ eondemne ted to continue, the Permitted prodt ee ferious disasters, f wulon con Tsood font of which ca cannot fe. Jorewain I ts prac: ying ica it money on de rae Loua. cheers. bank ia Ci the | | YORK HERALD, WEDNESDXY, ee as “mas Be, whe, eatabtedes ite "i Es are Teel eapeminperaaien aad sctrowtt GREAT BRITAIN. i specu. & nies, tal aie ron ssa thao cite ai ‘Men of the Polaris Crew Expected—The United ee hematite eters are eee cual Sesas erable end area of States Minister, Parente apart ps | United Cheers.) 1 en ales for ror three a 4p £0.08 Hatteras: Py, b. bau Py 59 , A now tl the merchant Cr | TELEGRAMS TO THE NEW YORK HERALD. “Steamatip KG pe abe kates that ‘it matures on # fig 5 ba. tad . with Ess ont, 19 a Lonpon, Oct. 22—5:30 A. M, lory #00. vy greater see rig ae oe'wint ie is to be | The whaler Erik, with the three members of the oct ibaa Western ammo day, with mee ‘and paswe ccngers sieapaaleeling sp. "Stal the maturity of the paper | Polaris expedition who were transferred to her Bad scong head ints of exchange ie } of the to meet from 1d, is expected to arrive at Dundee thtire passages. Tala Bee ase to practices of that the Ineeepid, yim sche s tie sh a Hind ‘one ‘man ness ed on? South, arising from i MINISTER SCHENCK. veateamni 3 Parts 2 ral with 2a oa = oda Me tn bank $109 | MP Behenck, the United States Minister, has a ea te pe ono 22 days, with 4 that he ty A PY : Meare v. ate ma ae pare, Fote up Ki {orn Sational bowie depos the money and feoette | A Steamship Missing and Mach Anstety. | ‘Ship Hone tlancock, Mejllonsy @ days with nitrate Interest for the time Its left there, Sha cal for it LONDON, Oct. 22—5:30 A, M. <a Ne my F Windvor Np, faith ney, OB, Fe when he chooses, he P yer eee ‘or | Te Anchor line steamer Ismailia, from New th coal to OB Swaln & Mauiray. HB, Oct M-The brig M of itim os Instead of & to it | York September 29 for Glasgow, has not yet ar- hip Hannah M ria (of we erred NS), Jones, Sidney, ang fh B. reports pees yeas 2c: when foe time expires, Ce, . Eanes Dank rived, Being several aays overdue, mucn anxiety a) ry a coal, to the Met twopolitan Gas Co; veusel | bro. on} ner beam nee bark such that it does net safety. 5 Albert the ch Ba: tein ae ceas nian, because it does not kpow when | i Mit for her safety. Ch tb Maye, in hattage ee Néfangat Bartana "Was | during the August ga wat saicly foaied rh it would be called on by twee Hyd IMMIGRATION, pa ¥ 20 miles east of Sandy Hook by pilot eae The steamer po Ty ly ay EE Fy gS ike = ieee pan tal), Forugn Bristol a7'daye.n ballast toninn. Brg jf fro eae posited in some ; Result of the Labors of the Irish Cath- Bi Sirs. What © eo ccna & pe ee BS elie Benevolent Union. ‘Saar ea (hus, Tugaizes, Bristol 2 daye, in ballast to | #f the tiumblsion pK Neard the cc Sr’ nagular aiecount of paper, bet @ ene the Sr. Louis, Oct. 21, 1878. | Sigcovich ine ony J Jensen, Gloucester 48 days, with frend, deboot * baloupiea ¥ ss) Roney oa stocks 68 6 “eae. You Kaew what | he Committee on Immigration appointed by the ie re Func! all she: eorcon: aa oR bel alter she struck Peet meeee oa naane Gate feane cn | ish Catholic Benevolent, van, which hela be in ‘bala rod clonpe sie orerim Bh HOE wean fo ieee vant seat a to whom | anneal conven’ here Week, held a meet! " ar. ip fonia. renpond, vecause | pefore leaving the eity and organized, by the elec- aye ramen? eur nae de in ballast set seer ea ae Woe anchore 1m u2] se nb un ne, thie bate ingot | om of aug Deis Dwyer, Ono, aa chairman, | ties Gk aan beni Sua Oy tara | Sen atts name waste be used oy | and M. Gtennan, of Norfolk, Va.,as secretary. | on ‘Bamuel ‘Mtoddards trom’ Boston () for wait Town, Oct Pan ear of 2: eae Meret see ine tm. | Weneral plan of gees was agreed to, the aan Feta rnin, Limerick, 80 days, in bal- | Mar (Br), was offered at auc ign, Te Mahe pe bay z ae : small correapond wit al local ana bese |, Inet Slocay Yay Fitazlich, Limerick 27 days, in bal- fom home. pe 2a aay / wah gach | octet Clon, requesting be Ro paint Hoge, Oltvarl Wiad, Chiesa, Antwerp 78 days in | runeceep—On Monday, Oh inst, from the yard of BD | would bave been enough money for | fon comuni ain al cities where there are | "Sark Nevado” (of fail tax), Hookaway, Antwerp via’ poate Ficctier of abeat Seb tone, called th tie San 9 busines but we had to meet the | anamber of oper soatetios the a eae nented by Sydney, 0 i dex. in baliast, to D B De Wol Jength 122 feet, breadth 81.5 foot depth &4 feet he te ing on money by Danke ond the payme hem shall elect sub-boards, which shail have one, ‘ Emilie (ital), Dodero, ‘aavre 1 dayos in ballast to intended ng fa Fe Guilt t ic free, o™- _ of ee it aay § S er} ase SRES ie their ea a a ark AW AW sin Beton (Nor. Johannesen, Dunkrik st gauiria a the rar three: snasted hee mee ie we have reason to complain. Cuder the | at each, soa at whl “migrants usually | ““Sik’ Rose of Devon vot Fiymouth, %), Gibeon, Dun. Seah ae Vente tte tone tow eaeeneee State bank system formerly im operation arrive 5 ey board ae? Under the | xirk Sept 2 via Plymouth, B, 26 day: Hautrax, NS, Oct3—The steamer Lady Head which fag pants evety ons b anuioms vs henna Uap tttend tc fants and comfortsoftimnigrants | "Bark Oblet (of Boston), Handing, Smyrna Ang 4 and | arrived iat night tom Sable Island brought the crew of pA eg Setar axvive, aod attord thom Bil the trenton Cioratiar Sept Ta mdse to, Shoo Oryder & Co. Ie | ines resect when ahs seruck neat Gable ined some | he 4 eh lately and imeormation hey ma need, Itis Feed pro- weeks ago. ! ch, assed Givr ye BS yect of Pine Irish Cat thole i arg “Bark Martigo Citenlo tal), yaler “hires 7% days, 7 Bark Rat Tae e ee Tncean, of NB, was at Atecamas Hept and on ging them to influence those seeking bef ai Eee st Be leaving San Francisco, Would id sail on a short cruise and | om whatever an that those who favor such a system would ke to | do banking business with the bonds of the United | Ger). Schwerdafeger, St hed in ballast, to © Tobias & C homes in this country the protection of the Union, It is not the intention Digce themselves under we roceed to Tomes for Pooralte Bi Vien here, en—Oct 12, jon 88, brig F H Moore, of Bos- : lore Dupotit (of Rearspor), "Nichols. Are- h | $y, 090, 0 of the National Board, however, to solicit or en- | cibo PR: 16 da dave onboard earsport. 2 Eels, Are; | ton, with 285 Dbls'sp pat awh rtment to issue any | ou imm gration to protect and | to Walsh; Field & Way. P e not to be issued for mereasing permane aid ail those wno determine of ‘own accord to | “Bark dames B Brett (of Bangor), Marsden, Havang | | ship Kni ton (Br), aig a Om London for New Or- volume of currency In the country, but for reiiey. leave their country. Sep pes rie oa gar to ea r. Cris’ fa lat 34 2 Jeans, Bept 20, | t the nation. In 1872 $5,000,000 The resolution for the establishment of a depot | on 74 10 4 violent hurricano from jasting Bark Saya a ah », Henowito ‘om London (and or- | ol the 44,000,000: ‘was iacued. It te easter fot the go¥- | APd offices at the Various seaports conjolntiy with | HOuF, carried away Jorerigging, mainchannels aud gered io Charlenton) Geta, 2 taileg BSE of the Lights erument ‘to expand than to contract the currency. | the German Catholte Board, organized for the same | “"hark Jane Adaline (of Portland), Armstrong, 8: (by wilot bone Aegon, din ‘Newell, from New York for Having overcome contraction to the extent they Object, Was disc end will probably be carried | days, with Rionda—veseel to Mi Mer & cary uee eee te, Jat jatar’ 4136, lon 4746, have gone, I hope they will bold the ground es | ow if ing’ Set, i. rfl 3 fom 78, had a hurricane Lh Baltimore Dre se a era ander Sosareetee satis | Rave gained, and they ought pet to increase the | INDUSTRIAL EXPOSITION. sey, McCarthy, Syoitin sash ak ects cB, saree gti Reais bas “01 umore fol | SSO wane cea coniban af ee taliae we | a RS san ll aan aE on 61 days, in ballast, | 50h, Paraben, from Jacksonville for Boston, Oct cupy. ere Was a syst ree : ‘are pani, .e1 es would have ail the relief we songlt, and 1 su) A meeting of the Finance Committee of the Board ‘! Behr Lilly, steering N, Oct 15, lat 94 48, lon 74.24. nears | of Aldermen, consisting of Messrs. Van Schaick, Rng Selina ay p Stanford Ct Ctan, reyes ie ae 59 days, with Horeign Ports. Obairman; Ottendorfer, Morris, Kehr and Koch, mine ellie’ Antrim, oud | Rio rande, 55 days, yin Anzcino, PR, Oct 5—In port brigs Eliza Thom Save, oe — Should endeavor to furnish | was held yesterday aiterncon in the Aldermanic | Woo! 4nd nides to Dowley,’ Corners & Go.; vessel New Haven aaxt day i Blenoh Bn ets for peru | f | it should be deemed mecneenry to increase Chamber, to consider the subject of appropriating ar Angaita, ‘rons te Sp ~ agate arte eles fo, Bannapos, Be it Soar rived, br rigs, Rising 8 tar, ‘Geittn, er necessi aa for Boy nage f T' Sae senumen es | pocorn 4 oan enue ‘Ain to we | Bi lon 74 spoke schr MG Curren, hence for Harbor paniled, 0 a a Aue te (Bt) ad Yorks 7th, brig } 0; en Fleece, | a Oe he, jane ty, tne, careulation of loeated on Third and Lexington avenues, between Brig & ai (ot Nasan), Parker, Demerara 2, day In port Oct Uf, Belndeer, Weill from New ! be the means of furnishing circulation only so iar , St" amd 100d streets, sulject to the provisions of | ¥i{t, nig homenta “(Aust farotino, £t Vincent 3 Se ne york, arr Me pt aa ee fe Raney as necessary, and not for the inere purpose of sup. | chapter T4 of the Laws of 187% which authorizes | 4, fifdq" ti wich & Mowe, Abbott, trom how $4, dO, rived bth oS tit | plying circulation, You may say ar! propriety | Commonalty a ~ [wy gg BA] ofl (bo {4 } Hansen, St Martins 20 days, with salt, comb, pasvedy ae ereaalnhe. ‘arrived ath, disg 5 hat what has been offered from the platiorm does oF said amoun! oa BE lg (of Portland) York, Cardenas 16 days, larry, a Bell Binowige admit tat fe ole ree | So cone wm untae al pons at | TEMP LaN Merk eee ourG | Baran vt ahve # aly rs * lon rian james n (Br), Reyne nn! | suit of an expensive and exhaustive war, The | g2ments in favor of the itiog the nd to NW, lasting 24 hours; lost and split on Enchantress (Br), Boddie, Teauignor country must be first restored to a nataral cou- | Patrioti«m of Philadelp! ud their enterprise, it Peet ais; th barks Kepler ( "ue a be ap a dition, and by or 1875. If we adopt and maintain a wise | and yet in @ moment of fancied and power vehture on the resumption payments, the result would be disasti large returns in mone: @ natural condition of dmanc Imean a condition by which our exports shall ¢ | autboritics prehensive policy in reference to the business and | affairs of the country, specie payments will cer- | tainly comé. But 1f we fail to adopt such a policy | T. in rezard to the business and labor of the country, | rous to bugl- | board and thence over the world, bringing back ;@nd what is better than money, the luxuries, tl e comforts and the necessa- 8tl and the support extended ereto their cit, ast sand eos cewksbure, Bermuda, 4 8 (Br), Gavin, 8 sas oy . oe ballast, to Jones & Loug! Mon treats sth, Ghas t ropes Beaton e Portland. da; Ramirez, ard, Pensacola 25 days, with lumber wri 9 ore re vaiten® Fernandina: a! to our imports, in ordinary years, if the bal- | The session of the committee was attended by a Tao we , ance of trade against us be removed. We cau them | large and infuentia! number of owners of | tod ai Robt em 4 Semel ie Roo (ay 11 days, with yellow “ee ama ney, Portland: (Br), Scott, Cavannah ; resame specie payments without fear; but if, un- | te Twelfth and Ninetoenth tes pre -¥_.¥ whom pig; to sino p4on Clap, fawaska, Smith, Austraila? 7th, Darks der the pressure of any developments in’ the | contended that, by ong Oe posed building, | © sour “i Webb (of Deer Isle), Wold, Aux Cares ie Ore onton (Br), Lavender, New York: country, an attempt be made to resume real extale Would be grea’ eutanced in value, | 16 days, wi 19 wood and coffee, to H Becker & Co, panto, , Sinith, United States ; lth, P ee | paymeits, Ifear that the results would be disas- | ot only te the immediate vieluity, bul om the en- | vessel yd KA dys iF hil ibbing pee Meairied away | { Ge Ban Peasoieogs ahh cae iail. toe Now eork trous and rainous to us. Ihave this to say, that | tine west side. smainbeom. “feet int a6 schr Laura | Tatay. Mot een Te ROOT ey a Beka the development of the business of the cotintry, | Not a solttary oe wm oe de ary, from Marscalp for New yk 4Sdays out Chapin, Bunker: Btia swwart Henry: Adelaide Norits, by which laborers are employed, by which | Sppropriaton. ¢ committee sabject | and 18 from or ‘bar. key,’ and Rosetta McNefl, Sproul, unc; brigs Belle the treasury of the government is sup) with | to tue cali of the Chair, Schr A L McKeen eat Jegksonvillo 9 days, with Prescott Waterhouse, for Boston: San Carton, 2 ‘Atherton, the means Of paying its. obligations and existin ——_ . — dameber t Neva d Qe Pa Seok ES ery Taye, with lum- | 93¢.Jibara, Pettis, unc; and the above arrivals. ae interest, some part of the public devt, 4 @ consi THE LEXINGTON RACES ber to wanert ls bound io New Haven rh Lekahtn, Ldverpoal (eco Disaster) ee eration more vital to the country than Ry ton Sehr Rid; rood, 3 ‘Hender rgetown, 80, 9 days, | OE Le Fad ark Daikeith (Br), Taylor, whether we resume specie paymeuts in I Lexineton, Ky., Oct, 21, 1973, qi aval store Dollner &' Potters vessel to ‘z D Hurl. Pensacola. and com- Curistianid, Sept 23—Sailed, ship Agra, Muller, Mel- Ta the first race to-day Miss T., Alethia and | bourne. br 12—In port brig Augusta, from | Preshman started. The frst heat was won by Miss Alethia won the second and third heats and the race. Freshman was distanced in the first Time, 2:50—2 260% —S 201 4. whe Shr Luota Murchison, Jones, Wilmington, NO, 5 days, Ae Tae. bere Shecessoiyn, DO. len! inet junne | net harley Woolsey, Parker, ‘Baliiiuors for New aven. fir M J Chadwick, Crowell, Baltimore for New Bed- “Behr Hector, Higgins, Baltimore for Boston. Carouine Istanps, n Francisco, for Tahl Caupenas, Oct 10—Arrived brigs Nellie Husted, Davis, New York; 18th, Prairie Rose, Bath; Mechanic, Goutd, Portland; 'J H Dillingham, Treat, Boston; schr Moses Patten, Bangor; 14th, bark’ H D Stover, Pierce, Havana; brig Caprera, Hichborn, Mate: security of specie | heat. COND Kack. —Vidette, Meteor, Barly and Viola tangas. hess and labor, and wouid bring ruin on the | 2 we 4 Passed Vhrough Hell Gate. jailed so ants, oe ped north of Hatteras; ees tion, The dificulty through which we ar | Saaared, Sho Sem bens "dataneed beet, the lol ‘Sagua; ith, brig Maris, north of ing ms but compereis Tv ehh aaueen ae Le by Meteor. karly was distanced in the second BOUND souTa. tdaras, = iTS ee cues tae cacdice waa Mite Mh nee Me, 2:90——2 48—2 342 139. Steamshin Tilie, Ratley, New London for Now York, | pi H=NFuBaos n, Ost Oiled, bark Sam Shephard, Byans, ns. ‘Tey deserve our most hearty eympait, Trim hace, for 2d horsen. Wiliam Oot Lady | wiht tat Ms,.Rele? Duwrnana, Oct 1—Arrived, bark. Zéphyring (BP, John- Pre srmpathy of the public, but the iistertupes ot | Alice and Medianich’s Josie started. Josie got the | Sehr Lamartine, Smith, New Maven for Xew York. DER Gt LA et, Dae oeparae Or Ree ideal oa Teteh bene udnaery | frst heat and Lady Allee whe three next, Time, | Selir Ira Bliss, Norton, Providence for New York. ‘Mailed Sept 29, brige Jenmie Morton, snjoot Baltimore; Feason or excuse for putting the country, ass | 220-2424 2:05-2:57 i, BOUND EAST. seth, Parken ew eae” York via Porto Rico; & Miller whole, in an uncertain course in its public } jolie: Povara Race og gg mile heate).— | seeamship Acushnet, Rector, New York for New Bed- Gp, Fi ‘arker, Tris then that men responsiole: in’ pate aduigs | TTeMey"s fe Rd i.Oct f, bark Roving Sailor, Bryant, from Troon, sould adhere to well ‘dettied doctrines of public | soit ‘ua . 4 "ye aint - oa | ie pean a us svbheshungpatensiaed abe hea. siti y, Wile a Ba aldimore, arrived 6th col aster, Snne' im a ‘atterson’s sorr 1 he business in the country and in thie ane by Britton anid the next veep by ee Herc ft ait erie a potyan | .Ostaurig Sheed Yn, Larkin, from Philadelphia, hes 9 oe 46—2:42. The track was Leavy, : an, ‘hnso! f Provi- en ordere: ag el iy BE eg in ie Hd vine | but the at e Was good, ane AEBS righ — port Jchnson for i at Lavan t a arate bark Mastion, | cee, ae fe’ rome tone” Set eta ees | re . "ais “s ke rapt aabroyeny, | eae, Wee hee tial esa We say Joestashs Gigi Sneteaet | SHIPPING NEWS. |. SAREE | oa tas ace ere is 20 ion for may. ere is no rea- . e close of the war ances and in the de- ury- water, lutchins, Cardifr; ei verton, Benson, Tailroads we |01 or Was Wi oO Rehr Flanges. seit for Boron. WOM WATER ateamshit City of Mexicu, pes “a a ee Sountry, eyed go 10 | Gov, Inand.....eve § Sebe BY a Lae vor fine ford, crus fo sal 2 ‘jor New York); batk 3 B Pelee | 5 not suffer »; the undertaking. Rail- | a ee ae oo 0 OM boy for Balled a 11 by rk Gertrade, J rooks, ork of Hat country. Tac! Ads 10! lowed by the settler. The hum of indi wil be OCEAN 8’ ier oe ee we hae a sete ‘New york: “A heard ia their trafic, and from those rien lands STEAMERS. sett Bee Pilot's ire, fire ee n for B ee Barua; solr Goo Peabody, White, orth ieareauir will come products hereafter to be sent to our sea- jout for Narragansett Tsth, Mi Morris rigs Alon Rowell, Young, Carde DATES OF DEPARTURE PROM NEW YORE FoR TE Poston, aiterson, Bi MONTHS OF — AND NOVEMEER, Behe "ech 4 Pai are Hoboken fr Boston, ees SE Sarak bef Oe aesbers OB, nny De yi it ork fe 5 Sailed A my steamship Hibernian (Br), 8t Johns, NF, and ‘4 Li Es ES RSE es thes of ‘te, When one has paid his debts, what is Caroli for Boston. ver pool. money compared to the comiorts of life? When s Mooulig 10) for New far Yi Co sal about og Tor do pris: Gipenr, Jarme. ew evil" be ma en exces of ie production Der pia. be eles Sarah Cullen, Cuilen, Georgetown, DC, for Provi- Brooke, Rew Pore ‘in Port Maras Soran Harrie (BP. miter apologizing to the audi t | eerie | here Eee 8 cr Baker, Philadelphia for New afbeiae® -thelia, ei Dey Be, aay bres he, eT apolo ig to the audience for the unin- | . }- Mc! for by leans; brigs cludes y obser at, in & country like t! ti A - e idence, x the matter he had discussed could never cease to | SS) tee! ery igbekon igvokencr Porno py ene Hedda i, trom Haltingtey arrived be ot public Importance. 3 BE Livervoal 18 Biro eee le Mage yargived at do Oct 3, brig Ida (Br), O'Brien, New evernool | port ceedings wore brought to aclosse Pon Me PFO” ct B..|amiorg.. [tt Bro ella, or Green. wile eee Oct 21—Sailed, stoamship Nestorian (Br), THE BECENT BOND FORGERIES OP $200,000. ot 2 = rt pipes New Bedford. samen, Sole Arrived (notelearet), steamship Peter in iy — B\f ee is Tor nce, | _MonteviDro, Atig. 25—Arcived, barks |B. Webster, Andrew Roberts, Frank Gleason, George Wilks : oe. Revept, Focuene, and bag Be ae ‘fn 0) 5 Be EO and George S. Olmstead, of Staten island, are at 1. 1D ee tor Rosario) ; Bent for afonte ae, the present moment lodged in Ludlow Street Jail, + 4 ee telae Mites Mew Yaka be ate i on Courser, Marsd New York; 5th, Julia charged with being accessories in the recent bond _ ingle y, lone: runawi and. sailed 13th inna $800,000, which consisted of the follow- PORT OF NEW YORK, OCT, 21, 1878, = en fae Te Ma kK] ed ‘ork cy a , harks Ai n, NB’ and. salted New York © entral. — elie Bd Hume, y Yor! int, Goronist (Br ‘Br tate, Branawick (and sailed aie Wester’ Valon ‘felecraph CLEARED. x, Huetog ay ideo Bn, ‘and sai 109, balla, New Jersey Central es Tor United the District Attorney forged bond o bumtal Raliway, and orhich, it is allege nized by Olmstead, of Staten New Yor |, has FIZZLE AGAIN, City Board of Aldermen made a final and Sary not being present, Mr. Hanter and ents went into “executive session’ —that is, they turned out the int crowd of 8] the reporte: igen thetr pi ogi hus waited whiet Poel need likewise a land, as his work. THE LONG ISLAND OITY “IMPEACHMENT” The “impeachment” ring of the Long island attempt last evening to pass the charges against the Mayor so as to be able to bring them into the Queen’s county Court of Oyer and Terminer, now | © in session at Hempstead. The ten members neces- inclading 3, placed thelr leas ee too Fr two mortal hours Funch, senna Olympia (Br). Young, Glasgow—Henderson Hed Aug nb barks Yennies 1 8 Barker, Walle, . jan ae nage “forcign por! ay oth, Andrew Roberta, of 410 West Twenty-first Steamship Maas (Dutch), Deddes, Ruiterdem~Punch, brig ae tate aiehs street, will, in all ‘probability, demand to be re- | Paze# G n port Sept snip a Morse, Gregory, uno; barks leased on habeas corpus in the Supreme tip COREA, NE, Rane GEES Rotelie frow Belfast 03 pilot boat Ne Eoroeti lia t Serteinda fo a i aee ok; Cron Ores aie Gourt, Chambers, On the 2d of last September the | ‘Sieamship Virgo, Bulkley, Savannah—Murray, Perris | yoh*"™ ug eiaila: Miraucn ER: sept st, fr ‘Srige Thos Tarai = ). foam Mh 108, Sra fe nate at eT | eee Cn, Aone 8 ESA ack ea Hides ‘ipals in this matter, and the statement of Mr. Svearnehip in, Cha ¥ rectbo, to yon to) ad for Un! ited 8 tate! )% Sane a pF), Thoma se st of $500 00 oree ponds witch Bte neh 2 abel Point, Foley, Philadelphia mii i tiie dh era ik Treat tr ro St Jo " 4 were to be emitted by the gang last February. Stenmah! a ee See weet en Pelkcestpar nist doit Eight thousand five hundred dollars of funas be- Sate Bee Wetson (Br, Knighton, Lonton—Orieneli, Maw. bet U~Arrived, bark Isaac Hall, Colcord, longing to Johnstone, of Williamsburg, flow a ve torn SS Bejush .w gardin bri tre and E Leighton, Gay, Baltimore; schrs oner in the Tombs, has been attached, and $7 wigid, Britigh Mateeman (Br), Ward, London—Orinnetl, nb olin amber Pascagoula; Clara Sawyer, Brens captured from Andy Roberts, now in the hands of pegging Meshacteaps A oct bi ent Mary Aun (Br), Harris, Brisol, BS L Merchant and Erie | | Bark Mary Tatham (lit). Campbell, Bristol, Boma Bait patted i lath By bere Oa wie dena ae — prs tens ot a 5 ot ; arorke | sity Hevtn Guo, Hyman, Wardepest—etns 6 Bent nile a Maho Vt Ml 'OUNT-A-| a Rinckeg eee Se Seutins, Coeh tor eatere~Begs & Peters, Fa Hew ork sitter fated er ‘for oat ire alibi Bark Christina (Nor), Biormsen, Cork for orders—Punch. b ipl Osta ve Tariana ¢ uD. pee ain Leone (Aum, Ivancich, Cork or Palmonth—#lese. Bn), Altkenhead, Cork or Falmmouth= a verre (Nor), Hansen, Quecnstow mouth—Tetens & hockin ry wip ‘Bark Maggie Chapman (Br), O'Neal, Hamburg—Punch, Schr Hattie, McClintock, for New it é—Arrived, brig Fronusr, Bisiteltr at | © schr Pereaux 8%, Borden, Ragged a ee Sassen Sy schr Geo W Whitford, Henry, feats, desperate | gwoe Sects. zhao foe the extent of @ aye & 0 Ni, Oot MT A m Nathantel (or), Jacobsen, Bordeauz—Punch, | 4, Hers ac Seger a goat pith pine, | MA Mansantitny i ita Fn to Tondo BeobabNy anil Tn his adhe! (TK Casella (Aud, Tomassovich, Beyrout=Siocowiels SeeEratly Senndeed ventana es orows, t 1—Arrived, steamshi} abris Me’ ia i, and pain Ca Grace Rete Pork tor iver: led, schrs Lily (Ger), New Yi —hrrived, barks sereh Hud m part ¢ manny Biliott, La gon lant Brom olerdam—C @utch), Hemmes, Montevideom tage Ge aa es ty i th, Flora we geze & Co. Liverpool; Zirh, (Arg), Jones, Bal hat some absent members Bi -” Y FB), 8, would arrive. At ten ovclock ‘hep tie et ft Mary Ida (Br), Baker, Kingston, Ja—leyt & nome teas eran kere opin tore a reese i,t ote for rap reopened the door: En 8 ntet— —-” igkerson, siavecctere sifted qua, cimshien ana one | "eo ann ounen Decpeniiect tar, | ong taunt om cesar | cabernet scl Le eee 4 Schr 1 GH u Ww that he ea to permuade ve renter atlas | ght anuie Lavin avion, havinoa— Resin ma & | 8 RI iy we | ie Sh Sie ne ae tay articles of impeachment were passed in “ex, Boh rm Gaskill, Washington, Bug Convareee, Vege ins ie ia and without the necessary two-thirds mea “eles * ce ae Vera Orua, put lato Tavs Mt Foouas We te top> mages Ago re dee oe es voto, Of course, he took the reporter to be ag | ghcht Jovenh J Pharo, Soper, Washington, DOWW B | masts ore, W an Prancleons ‘rie le at Monte; | Bofee we |e Mabvotaton Soarevee rare Tee Aietman and | °F camer J Thomson. Moore, Batth ato: ae farina Hemp ‘Green’ Now tat 8 5 ris when it was shown to’ them that ‘according vo | Steamer Puiladelpnia, Davis » Davia Pinal, f 1, Riordan, Now ig net eda article 6, section 7, of the State constitution) even po whole Board pfldermen have no power ARRIVALS, Cour’ Bonate tg and Goure of ‘of Appeals ‘the powe im, In expected, ‘The boards of direction of nearly all the mulls at Fall River, Mass., have appointed @ committee to confer with the representatives of corporationsin other places in regard to a partial suspension of Work dagipg the present dull times. eir desperation the few ors have Feeolved to go to Hem mp. Y't | stead to-morrow and ask the Court of Oyer ana Te case, whereat much tun is t but the r to try an | REPORTED BY THE HERALD STEAM YACHTS AND ae” 2, "4 , Oc Puneunte eine } tomgenrgelan TELEGRAPR tye ye jp Weaer sing wis.t feria ache oe ageiae ae ro "at hed oe ‘ie i one renee ree ae sare ¥ 4 a rage Sept 6, eS bee 2s An Serials mee Rr ca ‘ Be fy Sasi aram he Arrived, Edith (Br), Scaife; ‘460, wen es en Fary et acti v m Kew re a Allon, veined ‘et 2-saitea, tee et Perry, Mew “Es fepes—is port bark Iona, for San Francisco’ | Rah ren for Marquesas (and would American Ports. rived, brigs Ueland (Nor), Swin iene? ay ae Pied pe an aaa Crowley, ‘Crowley a Freee ‘Coan, ‘Aiesana innate le, "ican, e] ee amen. is, adapta: mony Rogen ie p' iman, Sagua; ciphias # 'W Day, Clark, ‘ip Marathon ee ego Oct 2—Arrived, trate pice Oh ei ein 4 ru ietion ‘rom Kem ss Ki ae = tS aoe etal a at mK Fr Ply gia Bio Prot t 15—Arri ork in Marthe 0 wing Sun, J snags Raksore an tani ir at tomy bar Geneve (new. Josten, nee ton, w V4 vy to load Biartaga wae ‘hea Norgrave,! ioe rE cr, v puta angen operas. Mt mas ahs Hnckenene toon ha ac! w Yor ne, on RY khan. a the nace at Hala hain. Now RRISTOL pagaienie is—Arrtvea, sehr bags car. BiTARLESTON, Oct 21—Salled Steamers nes, pe, Aa er, Lockwood, New York ; South Folin Gatic “Autocrat sr, Healy, ae i eet n rt Sheds, Providenoe; Prank '& Bn, Adolph Hugel, New pore ta eae mp rw dos denn tan ilder, Fernandina Rover, pr ee iw a iter: Menvey, Boat Ruselt, i Smith; Yaeksouvll; Join ¥ warain! ‘t' Southe nm i BAGanrowy, Oo) I7-Atrived, schre R. Arcularings Lord, New York for Portland, Bedebedic, Knowlton, a, PORTRESS MONROE, Va, Oct 21--Passed in tor Bal mo iteamer dul stream, from Havana; bark And ‘Pagsod out--Barks Traveller, for Rio Sagelros, Along pains Harvester, for rg apr ae Ad Queen, fe Jani Ein! it (Ci for Ams SPARE VER tac reived ah By ale on, Balé om, Phitadel iphia; also a 3 afiing froug ULOUOESTE Oct 13—Arrived, schrs 8 & vin Farpen, New York: Teazer, Heddlach, New York f orulan ved ey sehrs Kats Lilly, Hutchings, New York rENem athe kuna Martie Blanety, Se sob NB Toe eiphi PENS EBONKP: P—Saied., gehra John, Gamewell (new, of Rew Pte, Sm yee fons) 5 Gey OE Baltimore, Aibert W. émith ‘new, ube 3 masts and centre-by EO, Oct 18—Bailed, oar aie ease New. oO oy Pony heey ship W A Cambell, Carlini Hoare, 0 fn “Nor once ce ‘god AY Matai Oot "21, kM—Acrived, steam- York. 16—Arrived, _steamsh Bremen via hampton, mg roe pen via Florida pore rev — Torrey, and All Horo! byte Fa fe ds in Habana tare writ, Havana’ Below, a Benth n, Willis, § ; barks Maggie’ Hammot from Monte: fhutemac, crayon from Dahta, and Gerirude Howes, Wand. trom Raa Cleared—Stoamships Cordovin a naret 1), Hi Garcia (Sp). Fi Brenuigs, do do; “park Rome, Oly ruahip ticrinanta’ . Hanover, Him! Margare' iby Sourir (Ger), Jstdans ‘fismburg via Havre, ship mffet. St ‘Saflod— f Galveston. sista et Ce SntaAerved, brie Margarett Bmithy Havenet wohr Linda. Newton, it] has board tie ctew of the Brida sohooner ‘Misohiet re) je metrOd FOLK, Oct is—Atrived, brig Proteus (Br), Espeyn "hi rived, 19tp, steamship a Jacinto (Br), Burrows, Galveston, to sail 2ist for Liv ated Ie pe Goriond (Non, eae tate i a Hinckley, Sot South Awboy; 16th, Fannie Hanmer, Brooks, in EDFORD, Oct 19—Arrived, schrs Clyde, Hol- Price, Port NEW Jend, Ge Georgetown, DC; Louisa Rebecca, Withe- Arrived, sehr Sarah Bruen, Austin, Port Jonnsog for. rN NEWPORT, Oct 19, PM—Arrived, Schrs Bol bert Pettis, Ellis, Harwich for Nireinias “Henry Castot; ‘reat Foss, Seatord, Del, Portsmouth? Daniel ‘Pea} arson CATSON, dria for ‘Boston; 14a Ieyerson, Fike Baltimote for Portsmouth ; Keystone for New York; E Waterm: fe mdout. Failed steam yacht Minnehaha, from New York for’ sea hrs Sarah Bruen, Austin, Jersey iy, for New- HEP Noll tart Mame er » Percy, do; for do. ‘Stith, AM—Ar auth Rock, New Vork, to lay up for repai ig Frannie Lewey, Lewey, Dub- lin for ofde:®. 8 Harner Coleiaae, Frovitonce for New Yorks rlonencas arn ‘oleman, “Ovi 1c ie" or! lore! Sects cen wot Pawtucket; Whistler, Ferris: tewet ton for New York, AVEN, Oct ay ge 8c! M M Hamilt Campbell, South Amboyr Xk Menton, Katto. Baltimore tony: ac H Borden, Doda Green Mountain,: Virginia; ‘vai iver Hyer, Rondont; Sarah t, Cranmer, Citizen, Hamilton, Kingston, aealed—sehirs itouney” Parker, bares Baltimore; Jas ee Closky,, Hamers mew York; W6& Thompson, Tuly M oe ADO etre prior to Oct 28, bark J L Fale ‘vt Lig spa S—Satled, schrs Parepa, bg ine, Giles, Hi oa Below, hy MARR Main ek ie r Emm: vr aot Marietta + Providence; River. a faeeedehe thn: sh, fr orders; Northum-: jr), sete, Bernat échra Sarah A Hoffman, Hoff” idence; HX Miler, Miler, Abby Dow, and Emma Paige, Ho’ ald East Boston; Sarah i Wood, Wickman aa PORTLAND, tJ Bowdoin, Cleared aah ‘Oct ®—Arrived, schr Georgie Bta- olay ASTREROUE” 0 or be port sc! Atkin from Baltim: Boston, orhaen REET oct bone dae ss arrens | ee ea ‘yi 7 ar Lie Adelin Corson,’ Godfrey, Mary Cogswell, SRondouts "Alice 4 Fork; Rachel Jano ‘aytor, do Orion, Sich Sata MOND, D, ‘Oct 13-Arrived, aeht Fran SRN FRANCISCO, Oct 12—Arrived, bar a ‘Bea; Dom! 1). Mbcainn’ ‘lesen Tahitt Fn c Carefine Talandy brig rian, Wilkinson, Newcastle, NSW, via Tah: tid ‘Arrived off tho port eh, ahip Lor Lord of. the pring trom Auckland, NZ (and proceeded to Portland, O, dl Eescaueaar nh igs iorxing, McLaughe MUTE, ow, agp ays | ni Mags She: sae eng Boston tut New York) y D1 pas Van Uilder, dad cranes een Zodiao, ag oP: New gprs: ti react fabs be naa Eu split, abo @ Or; i! adel phia: a : Andrew Gold Hun- obertson, pty wa “ne Fre Mi ea) on iii awyer, Cook, a ie tol jen, Bride, jechawkeng' ‘ Tih Arrived ee ar Wes PeOkth, Faetany Portia Hr RE WRia en chats Recah TE Pike, ‘Dow, Calais’ foi Sarre, ig aa mesg Wee ew Yor Tika Pa “ort ay Congres son York op wins vod, fone Mt PO ew Blake raaret © Lyons sso r Ts hvad, schr James Satterth, lA. eres he ons en aed ad Taunton owe Bp ey ast Breton Gada a ey ath: Tor Be tons, ecu ur Oa Port Jol th, Bail dol Whee, fa ‘tare Bed cease Bod Ws Rites Kew York bik MISCELLANEOUS, ‘Adsorute Di DRORS OBTAINED F ean, Serna jon, &e., dient seamen Pane Fequired; charge until Vvorce gran f, Attorney, 194 Broadway. —NERALD, HH OFFIOR, BROOKLYN AY corner of Pain avenue and a street, mn 8 A. Munday’ trom Sto 9 P. bet ed DIVOROES 01 OBTAINED FROM COURTS ANsr od pe nt States; Joga! every where, no a ge vance; advi compe Counseslor-at-Law, S| SPOTS —AYMPTOMS, le ead, ket a breast ies ave, © aa When all = AL ‘ind Friday), 0, e—ARE F, SMALL IN NUM~ Met AL SOTENOR—A cig an ue in the urine ist the vel