Subscribers enjoy higher page view limit, downloads, and exclusive features.
§ ‘af die 7 { Reducing the Interest—Substitution of NEW ¥ ORK HERALD| 9 ane mesint aaa pint Financial principles are the only safe guide | in financial operations, ond this plain trath, not always recognizd in the United States | Treasury Department, seems now to be looked | upon with respect and consideration, This is BROADWAY AND ANN STREET, ——-e JAMES GORDON BENNETT, PROPRIETOR. THE DAILY HERALD, published every | # hopeful sign. It appears to indicate that day in the year. Four cents per copy. An. | We have passed a thr vatening crisis in our oe 5 a | transition toward sound sentiment from those | nual subscription price $12, | patriotic hysterics which associated them- EMIS is | selves with the genuine patriotism of the war. All business or news letters and telegraphic At one time it was not sufficient to be a capa- must be addressed New Youk | soldier, or a devoted friend of the country and an unquestioning believer in its destiny, but he must always be given to cant; and if Heran. Rejected communications will not be re- turned. 1 ie hould t _ | he could cant with a forty-parson power so Letters and packages should be properly j.ach the better. If a man prayed on his sealed. housetop it was well; but if he did it up ina balloon and gave good notice, so that the whole country had an opportanity to brash up its spyglasses, his success was independent of the limits of human capacity. era of Cristian statesmen. HERALD—NO, 46 FLEET STREET. Subscriptions and Advertisements will be received and forwarded on the same terms as in New York. i was a withered shrub by Volume XXXIX........ . son, They were the righteous, and they necessarily inherited the earth, Christian AMUSEMENTS THIS AFTERYOON AND EVENING | Statesmen and Christian bankers and import- No, 217 were at a premium, and hypocrisy was more profitable in half an hour than all the virtacs in a thousand years. Jay Cooke built a | church, and the man who thus gave the profits —LITLLE, POM. THE Louis Aldred j closes at 10:30 %. M phie Mies. 5 & NIBLO'S GARDEN, VERE Mite BELLE OF ACAGLAC at SP Ac; | to the Lord deserved to flourish. So piety car- loses at 045 P.M. Mr. Soneph Wheelock and Mise Tone | pied the Treasury in its sidepocket until the TONY PASTO! oPERA HOUSE, | Northern Pacific Railroad, the Crédit Mobilier Bowery —V4RIETY TeRTAINMENT, as 3 PL M.; | and the other explosions of kindred iniquities opened the people's eyes. If we count upon a soldier whipping the | enemy not by his talents for military science rloges at 10:30 P.M. GLOBE THEATRE, | No, 78 Broadway.—VARIETY, at3P. M.; closes at 10 | METROPOLITAN THEATRE, No, 58 Broadw.y.—larisian Cancan Dancers, at 8 P. M. upon a banker for the same reason rather than for the more relevant one of his comprehen- sion of finance in its relations to national economy, we readily find plenty of bankers and plenty of generals, but we do not score many victories, aud we insure in our financial | operations just such limentable catas- tropbes as have fallen upon onr people. It is, therefore, a sign full of promise for the C) Fifty-ninth street and CIT, at8 P.M. ™M fith ‘street LONDON BY Open from 10 4. M, Uli dusk TRIPLE SHEET. New York, Wednesday, August 5, 1874. ex Froacway. corner of Thi DAY. THE GERALD FOR THE SUMMER RESORTS. handling the finances financially, not piously | or patriotically. Not that we would contemn To NEwSDEALERS AND THE Pusiic: — | piety or patriotism ; but they are easily feigned, The New York Heraup will run a special and to accept them, whether true or fulse, as train between New York, Saratoga and Lake reasons in finance leads to bad results. George, leaving New York every Sunday dur- Compared with Jay Cooke & Co. on the ing the season at half-past three o'clock A. M., | side of piety and love for this country and arriving at Saratoya at nine o'clock the Rothschilds would cut a lamentable A M., for the purpose of supplying the | figure; but as bankers and as men capable of Sunpay Heraxp along the lina. Newsdealers | dealing honestly in large transactions their and others are notified to send in their orders | history is rather the more presentable of the to the Hrnaxp office as early as possible. | two. They have taken, with other equally legitimate bankers, forty-five millions of the new loan on good terms—and it is likely they will take a hundred and twenty millions From our reporls this mornmg the probabilities are that the weather to-day will be generally cool and clear. Warr Srrert Yesrexpay.—Gold opened at | Treasury could not have done better than he 109} and closed at 109%, all the sales of the | has done in dealing with men whose opera- lay being at these figures. Stocks were | tions are plain and comprehensible, and are fairly active in the speciulties and advanced, | not betogged by pretences. subsequently reacting slightly, but closing | moment there is no good reason for paying steady. See ae | to bankers for the sake of their piety and love Tax Vicxssvre Exxcrion passed off so | of country a percentage considerably larger quietly that nobody will be able to make out | than that for which we can get our loans why there should have becn any frantic cries | taken. As the war is over and the comet is for troops or even a suggestion of possible | out of sight, and the country is still safe, trouble. hedging of that sort seems hardly necessary ; An Excuance Laments that ‘the original | apprehensions that a catastrophe imay be the founder of the grangers, Mr. Saunders, of | Washington, is incapacitated for the Presi- See Se Ei By the present experiment we see how little dency of the United States by the fact that he . ays A tion there is on th tof our own is s Scotchman.” This should not be allowed pepe ion here ei sah to interfere with a} ambition. To oblige the grangers, we pre , there would be no difficulty in making an amendment to the constitution in favor of Sannders. and without such opportunities as have been hitherto given for extravagantly large profits. There are no doubt good reasons why our cine aaa bankers should be shy in such transactions Tux Amentcay Bask Batt Prayers mm | unless exceptionally favorable terms are given. ENGLAND seem to have excited our cousins | They can do better with their money. Just across the water. The English journals are | now, it is true, the chances for the use of especially lond in their praises of the catching | money are not so brilliant; but people who | | are accustomed to scan the whole horizon of | trade confidently anticipate that the fall will bowling of the Americans is weak.’’ It is | see a very energetic revival of commercial and consoling to them, and as base ball and not | industrial activity, and the hope of what may cricket is our national game, is not hurtful to | then be done deters the many from an opera- us. tion only favorable in the eyes of those who seek a permanent investment. All the money short, is very much in the of Micawber, and is simply of the Americans, and we are happy that they are able to say that ‘‘in cricket, you know, the Tue Corumy Venpome.—It is announced | : that the Vendéme Column, pulled down by the | at yi Communists, will be completed by Septem-| PPSTON Ooo ee galtgate ber. It has been decided not to crown it | Nee te e Sal age roe with the statue of Napoleon. A government | hae se aes, by Sudetabiig i that fears the statue must be weak. The col- ptegatinn sti seems only fairly remunera- umn should not be mutilated. The absence i hich they are not incited by of Hie grees Bupence ftom he ee ti 2. ae ca strictly Abcbatal a which is nothing if not u tribute to his glory, | PAONe : will be more conspicuous than the restoration | iat. Bae. with yea Renee ee Ps oul kee been | different. At the present moment there is Mr. Rowthrs, of the Utica Herald, an-| money markets of Europe and an unusual nounces that Governor Fenton is inclined to | yolume of money held in comparative idle- return to the republican ranks. ‘This will | ness, In addition to this, however, 1s the fact reduce the liberal party to eleven. Governor | that investment for long terms, such as in- Fenton is needed in the republican party. | vestment in the secnrities of the various gov- What a persuasive speech he could make in | ernments, is far more of a feature of financial the National Convention nominating Mr. | operations in countries where accumulated Conkling for the Presidency. We hear that | wealth is great than with a people who, like ex-Oollector Murpby is making ready the onrselves, are almost earning our bread as we fatted calf on his seaside farm, with which to | eat it. Opportunities for a return of from ten celebrate the return of the prodigal son. to twenty and thirty per cent on capital are aban ici. ~ always either before our eyes or not fur away ; Enatanp anp Russta.—Lord Derby has in- formed Russia that England will consent tono amendment of international law tbat will limit the usefulness of her navy. In other words, she claims the right to capture or de- energetic and commercial people. But where | large fortunes are in the hands of trustees, as in England, and where the trustees aro liable before the law and the law cannot be stroy any vessel that sails under an enemy's | 4, 10d, safety in the investment and a sure | an gl cme Mig eo law | return of interest are of great importance, and might be adopted protecting ae eet a rapidly earned fortune may be treated with chant vessels against war, no matter wi 6 indifference. they carried. Russia favors this idea, not | 111.4 characteristic of the class of invest- from any humane feeling, but because she has ot that will be probably for the first time Wimeatise mAyy, 5 | touched in our behalf by having the loan in We print this morn- | the hands of the Rothschilds that it seems almost to demand a low rate of interest, and certainly always prefers it to a high one. Howtexo tar Ixpians. ing a graphic description of a twelve days’ hunt after the band of savages which massa- ected the Seminole miners. Thongh the In- | From the epigram that high interest means | dians escaped punishment our correspondent's poor security the financial world in England story is not the less interesting on that ac- has almost derived law, and has come to count; indeed, its interest is thereby en- | look upon good security and low interest as hanced, for it shows the difficulties which | interchangeable quantities and to accept one must be overcome in this species of warfare | for the other. To proffer a high rate, though and the many fruitless efforts which precede | it tempts the speculative spirits and draws, even a partial victory. And it is always profit- | perhaps, a great portion of the money under able to know how the troops go to work and | their control, frightens away in the same de- what are the safferings they endure, Our cor- | gree the far heavier volume of fonoy that is | respondent's letter shows all this, and gives | under every conceivable obligation to shun us the best insight we have yet obtained of | danger and get a sure return, however small. will no doubt throw a flood of light on the the nature of the contest now going on in the | Five per cent touches a larger volume of | present condition of this almost unknown \ money than six does; four touches @ larger | land. Black Hilts. ble financier, or a good general, or a brave | It was the | They flourished | to such a point that the groen bay tree | compari- | ers and Treasury agents and Congressmen | buat by the fervor of his presumed piety, and | future to see the Secretary of the Treasury | | more—and it is certain the Secretary of the | At the present | a | though of course we must deal gently with H bankers to take the loan at strictly fair terms, | | an almost universal inactivity in the great | and this is the rule with new countries and an | NEW YORK HKKALD, WEDNESDAY, AUGUST 5, 1874.—TRIPLE SHBET. | volume than five, and when we get down to! Mrs. Tito: Testimo: three we shall find that our obligations will | the “Catherine Gaunt” Theory. be taken with more avidity and kept more | There is not a chapter of more painful read- | constantly immovable than at any other ing anywhere than the report of Mrs. Eliza- | figure, We do not doubt that the syndicate beth Tilton's cross-examination which we of foreign bankers will take up the remainder | print this morning. She starts out by | of the five per cents long before their option ‘lluding to her husband's indifference | raus out, and that in his relations with these _ toward her as a thing which sho expected | bankers the Seeretary has an easy way open to | from him because of his genius and put out, at his own time, the four and a half | his ambition, but deciares that even in her | per cents. sickness he never gave her any sympathy at all. ‘Aakeea ee Burope. Following her own story the logical deduction Much discredit has been thrown on Ameri- | YOU be that in spite of his genius and can art by the revelations of certain fraudn- | i auphiition, “the ‘causg of care neal | lent transactions charged against American | wae MAE (he wae abegrbed ra chore sculptors in Italy. People woll acquainted ond Pad). 9)), motherin-lay to. chide (him. Even her nurse berated him as with the subject were aware, long before these revelations, that there existed a system ol art manufacture which might strictly be placed on the border land of traud, it not well | within the frontier. But when the facts, or | | what were alleged to be the facts, were placed | | before the public, charges so sweeping were made against reputations that were held to have been honestly and fairly acquired, that doubts as to their justness were pretty gene- | rally entertained. With the vexed question | ‘thoughtless and heartless.” This is not a very pretty picture of domestic felicity even at of herself longing for ‘sympathy’ and never getting it, apd the hint she gives that there was too long in the house a mother- er-in-law, who was very much in the way. Yet these were Mrs. Tilton’s happiest ycars, and their lesson is a lesson too seldom learned in many households. The home of | whether certam American sculptors have | the Tiltons was, evidently, a home availed themselves unduly of the aid of other | where sentiment usurped the place of artists we have nothing todo. It is a subject sense, and whera romance was mistaken | for reality. It was foolishness and impatience on which it would be unjust to advance an pesca ope pn aaaeaete | insnflicient materials ont of which to build a the whole question of the status of American | “sunshine house.” ‘The wife wee hungry for art.in Europe is again brought under dis- | sympathy, the husband cold, indifferent and cussion by the publication of a letter often unreasonable. Then the wife became a signed by some Italian and American little jealous. This the husband soon repaid artists, in ‘which the existence of with interest. ; He invited guests to his house, fraudulent practices in art is clearly asserted. and if his wife happened to be alone with | ‘This time neither individuals nor nationalities | ‘e™ he questioned her in regard to her have been mentioned, but only the broad fact that ‘certain persons” have been guilty of fraudulent dealing by which unwary tourists | have been victimized, As the statement is | here put there can be no question of its cor- rectness. But it is only justice to our | American artists to state that if some pre- | tenders have brought disgrace on the pro- y ae | fession the black sheep are by no means con- | boxed his ears. After this followed the charge | fined to Americans, nor are the vie: | orate ee a horrities and | tims always simple Yankees. Sculp- | isgusts society, and if the woman is to be | ture has always been the believed the man then became a ghoul. It is | favorite refuge of pretenders in art, because the | a terrible story, view it as we may, but how- | nature of its processes renders the cheat very | ever it may affect Mr. Tilton it sadly fails to put | difficult of detection. It issoin England, | the case of Mr. Beecher in any better | in Italy and probably in other countries as | light than it was before. It is a story of domestic sorrow such as was never told wellas America. Many public statues in e | England, in Canada, and probably clsowhere, before, but it appeals with a force to the | have been erected by charlatans totally in- | Public conscienco that will compel Mr. | competent to perform the work which was in- Beecher, willingly or unwillingly, to ex- | trusted to them byan intelligent public or | by partial friends. Canada boasts of several | of these public monuments that bear -the ; name of a man who has tact enough to secure | commissions, but who trusts wholly to the skill of other men to perform the artistic | part of the work, So others might be quoted | to show that charlatanism in art is by no | her and against Mr. Beecher. In her | means confined to America; but here the press details of the conduct of Mr. Tilton | is free to hold up to scorn the mountebank | toward her we might sce only a woman's cun- and cheat who betrays the confidence of the | Ning to turn the current of popular sympa- public, and so transactions of a doubtful char- | thy in her favor. Her explanations of the | acter soon get ventilated, while in Europe the | ¢xtorted confessions, which are in her own reserve imposed by the laws allows the dis- | handwriting, we might reject altogether. Her honest trader in fraudulent art to pursne | latest admissions with regard to her feelings his practices without much anger of | for her pastor point in the opinions of many | detection by the public. But among | Persons toa guilty love. And yet this is not | the artists these black sheep are known. | # case to be tried by the ordinary standards. ‘Those Americans residing in Italy who have | These are extraordinary people, imbued | made very sweeping charges against their own with extraordinery ideas, and it is, per- countrymen were, no doubt, impelled by the | haps, unfair to weigh their testimony by the | best motives, but unconsciously they have | Ordinary methods. Evidently this was a | done a great injustice to American artists by | Woman sorely tried. Perhaps Mr. Tilton’s | failing to point out that the practices they | idiosyncrasies, and especially his treatment | condemned were common to the black sheep | of bis wife during the first ten years of their of all countries and not peculiarly chargeable | married life, may be an element in determin- against Americans. So long as men will con- | ing the quality of his wife's tault and | tinue to purchase art works as a matter of | Mr. Beecher's sin. It would not be | fashion rather than from any real love of art | emarkable that such a woman should turn of all her conversations with visitors, that she might be able to undergo her cross-examina- tion. With regard to Mr. Beecher’s visits the | questionings were particularly severe and | sometimes brutal. Griffith Gaunt never did anything half as vicious, and if Mrs. Tilton had | been anything like her ideal she would have let the world know the part he played in the tragedy of this household. If we cared to argue the testimony of this unhappy woman from an unfriendly or even an unsympathetic standpoint it would not be difficult to turn her story terribly against frauds will continue to be perpetrated, If | away from her husband and feel for another | | purchasers would avoid the danger of being | the love she owed to him to whom her vows | victimized let them seck out the cbjects of | Were made. ‘This much indeed she bas | their patronage in the studio rather than the | confessed over and over again. It is not drawing root. ; & necessary sequence, however, that | Deara to Womas SUFFRAGE. —The Tribune Ste Swe Pan rat svc eeee | all this be true. That she loved but sinned not is the theory of her defence, and this theory is supported by her ‘Catherine Gaunt® letter. Her story is marvellous, heartrending, well nigh impossible, but it is, after all, the first gleam of light which has yet fallen on this tangled web of sorrow and suffering. It may be the beginning of the end, and if it should prove so it would bring joy to men and women who neither know nor care for either Beecher or ‘Tilton, and teach anew to all the world how important | expressively sums up a sad feature of the | pending scandal when it says:—‘‘Meantime | the wing of the woman suffrage champions | | with whom the Tiltons specially associated , | appear revelling in the general nastiness, and | | gray haired women eagerly retail to reporters | the second hand scandal they have hitherto | been tattling among and about themselves. The whole business is shocking, but possibly some good may yet come out of it.’’ The | attitude of a woman like Elizabeth Cady | Stanton on this question has done more harm | to the woman's rights movement than twenty | | years of agitation will remedy. Society sees that under the movement, even as represented | by a woman like Mrs. Stanton, there is a war- | fare against the sacred traditions of home, | marriage and honorable maternity; that it countenances simply license and shame in their worst phases. Mrs. Stanton gave her life to build up this movement, and in a day she destroys it all. virtue and morality. After all Elizabeth Tilton is not surrounded by greater perils than encompassed her ideal In the one case all the doubts were cleared away, and so they may be in the other. Mr. Beecher must explain; but, above all, Mr. Moulton must testify. The clergyman’s ex- planation, should it embrace the theory of Mrs. wiht ‘Tilton, would be generally accepted, but not France anp THE Canuists.—The govern- by all. This is what makes Moulton’s ment of France seems at last to have taken | testimony so essential. What did he under- the sensible resolve of preventing the Carlists | stand as the sin about which all these negotia- from using French territory as a basis of | tions were had in which he was the mutual operations. Carlists in uniform will not in | confidant? As Mrs. Tilton puts it the attitude | tuture be allowed to pass the frontier. This | of Mr. Beecher toward this family is very bad for the troops of His} was sufficient to call for all the Catholic Majesty in petfo, as in their | words of contrition he has uttered. Was this future strategical movements they will be | compelled to remain in Spanish territory. Should the orders of the government be hon- estly carried out Carlism would be deprived | of its principal supplies. This, in the end, | would be a blessing for both the contending parties, as it would tend to bring the struggle to a speedy termination. his offence or was it the crime which Theo- dore Tilton charges? This is the latest phase of the case, and Mr. Moulton alone can troversy at rcst. Spanish Reinforcements for Cuba. Althongh surronnded with domestic ene- mies, who threaten to overthrow the central government, the Ministers at Madrid are not unmindful of the interests of the nation. Carlism may be rampant in the North and the armies of the Repnblic in need of rein- forcements, but the government feels that the suppression of the revolt is but a question of time. It is different in the case of Cuba. The continuance of the war in that island en- dangers the national unity, and hence no effort will be spared to suppress it. The sending of twelve thousand soldiers to rein- force the army of Cuba looks as if a vig- Tornanp's Min.enntum.-We are glad to | learn that one party of the scientists who left | America to be present at the celebration ofs | Iceland’s millennium has arrived safely. By | the despatch which we publish in another column it will be seen that the excursionists | have been quite delighted with what they ‘have already seen of the strange country lying far away in the frozen North—so far, | indeed, that were it not for the pecnliar cele- bration about to take place it would lie as roucb out of the track of the world’s thought as it does of the track of commerce. Com- paratively little is known of the country or people; but when the scientists who have | | | gone to visit it in its millennjal return they about to be made, and in view of the want of resources in the Cuban camp it is possible that a skilfully conducted campaign, carried out with vigor, might dispose of the insur- the ontset—this picture which she draws | | keeping house together, and these two are | plain all his relations to this family and to | itis to cling to the old-fashioned notions of | When Catherine Gaunt was on trial for her life. | answer the question and so put the whole con<a orous effort to crush the inswrection were | A Revival or | boldest chiefs have perished, and there seems to be little disposition on the part of the patriots who congregate at the different head- quarters to rejoin their comrades. There are, of course, many honorable exceptions, but the mass of the Cuban emigration evidently | have little stomach for fighting in the woods. | In Cuba the same indisposition to take up | arms is manifested by the Cubans who live | within the Spanish lines ; so that very few of | the men from whom intelligent leaders might | be recruited go into the insurrection to re- | place those who fall victims to bullet or disease. The process of exhaustion is therefore going on rapidly among the patriots, while the Spanish army is | maintained in a state of efficiency by con- stant reinforcements from Spain, It is evi- | dent from this exhibit that unless the Cubans here and in Cuba who are in sympathy with | minds to take an active part in the fight the | insurrection will be annihilated by the con- stantly renewed army of Spain. Some cess seems to have attended the operations of the Cubans within the last few months, as | they have certainly succeeded in passing the | Trocha and are now operating in the vicinity of Santi Espiritu. But these successes can only be temporary unless the needed supplies of arms and munitions are forwarded to the fighting patriots by the patriots of the emi- gration. The Organization of the Classes. Criminal In théir report to the Legislature, now just | published, the Prison Association of New York make the startling assertion that the practical effect of the State Prison discipline tual organization of the criminal classes. Any | one who has taken the trouble to read the | reports of the police courts and the Court of General Sessions for a considerable period must have discovered that thero is close and constant communication between the convicted | felons at Sing Sing and their friends in this | city. , The trades are not more thoroughly or- | ganized than the criminal classes. Even the | police are accused of participating in this or- | ganization and with facilitating the escape of | thieves and burglars. But the most alarming feature about the whole business is that Sing Sing Prison should be the headquarters of crime for the city and State and the centre of information concerning the increase, move- | ment and distribution of the convict classes. Yet this is what is affirmed by a socicty com- | posed of some of the most intelligent, active | and public-spirited citizons of New York. A glance at the Prison, its condition, man- agement and surroundings, will explain this charge against the efficiency and usefulness of | the institution, There are only twelve hun- | dred available cells, while the convicts lodged | in the Prison ara usually at least one-fourth in | excess of this number. Twelve hundred cells | and sixteen hundred convicts would destroy | the discipline of any prison, for there is no i] | general system of solitary confinement, even in the night time. During the work hours of the day the detention is scarcely more severe of labor on a farm or in the shop of the | mechanic. | tion of convicts are in constant communica- tion with each other, and the less vicious can- not fail to be harmfuily influenced by the | more hardened criminals with whom they |! come im contact. More than fifty per cent of | the convicted felons in the State are received into this Prison. Most of the newcomers ‘are fresh from the commmmity of crime in the metropolis, and all the information they | possess is soon circulated throughout the com- | munity of crime in the Prison, Those who go out do the like in the reverse. Besides, other means are employed to keep up commu- nication between the two communities and to maintain intact the organization of the | criminal classes. The transfer of prisoners from Sing Sing to other prisons, while it may be good for an individual convict now and then, is pernicious in its efiects upon our prison system. It widens and intensifies the organization of crime and promotes the con- | spiracy against society which has its martyrs and managers in Sing Sing, but its ministers of evil everywhere. Next to being o free man in Houston street the professional burglar | profers being a prisoner in Sing Sing. There | hé is among feiends, and the Sikes of yester- | day is practically the Fagin of to-day. He teaches the young men in the Prison how to | work with greater expertness and less danger when they get out, and the State Prison be- | comes the principal school of crime in the State. There is a remedy for all this which sooner or later must be applied. What is called the “golitary” system is the only one which can have a beveficial influence at Sing Sing. It is too late to discuss the alleged barbarism of this system. Companionship is not the de- sign of penitentiary discipline, and the com- mingling of all classes of convicts is a greater evil, almost, than to allow them to go free to prey upon the community. The solitary sys- tem is only the individual treatment system, and the results of its application as shown by the history ot the Eastern Penitentiary of | Pennsylvania are in such marked contrast to the effects of the Sing Sing discipline that a change in the system has become an absolute necessity. We are aware that any attempt at change would meet with powerful opposi- | tion, so complete and cffective is the organiza- munity can afford to make iis principal place for the punishment of felons an intelligence bureau for criminals within and withont its walls. AnKansas For Rerupiation.—Nine million three hundred thousands of dollars is the small sum which the Arkansas Convention proposes to repudiate. There seems to be issued. It is nevertheless sad to reflect on the state of society which renders such dishonesty in high places possible. Arkansas will do well ler credit. } Tuy Spantsn Qvestion.—The most contra- | dictory ramors are in circulation in reference | to the action of Germany in the Spanish trouble. It is asserted and denied in the same breath that Germany has made representa- tions to France on the subject of the alleged violations of the Spanish frontier. The Brit- the struggle for independence make up their | suc | conduct. For three years she kept memoranda | ay Ging Sings to afford facilities for the effec. than that imposed by the ordinary conditions | What is worse, a vast congrega- | tion of the criminal classes; but no com- | good ground to believe that most of the bonds | which were issued on the loans included in | the proposed repudiation were fraudulently | to weigh carefully the resnits of her action on | to any interference in the internal affairs og Spain, and though Bismarck may desire to cripple Carlisto, ho will scarcely go the length of dictating to France a line of policy in ref- | erenco to her neighbor. Hayden’s Expedition in the Field. Elsewhere we publish an interesting and comprehensive letter and explanatory map from our correspondent travelling through the Rocky Mountains, accompanying the main expedition of Dr. Hayden. If thia correspondence, which will We read with interest the world over, proves any- thing, it is that the Western Territories are being rapidly brought within the domain of exact knowledge, and that we will soon have an accurate key to the immense resources, agri- cultural and mineral, which came to us in the early days of the Republic, Like all new countries the scenes ot sudden gold and other | mineral fevers, thousands of adventurers— often the riff-raff of great hives of population— hurried away at the sound of magic words like “Pike's Peak’’ and ‘California,” and left upon those regions the impress of a shallow morality. Even the most respectablo citizens did not hesitate to speculate in bogus mines and imaginary lodes of wealth, until Americam enterprises had a very bad odor in the English ! and other foreign markets. To correct these false impressions and to establish a tribunal which can say to the enpitalist or settler in quest of subterranean wealth, “This is true,” o¢ “This is false,” is one of the great objects ef the Hayden expedition. This, too, is the office of geology, in which science Professor Haydem has earned great renown, after twenty-one years’ experience and exploration in the wild regions of the West. Upon his governmental work three hundred and fifty thousand dollars have been appropriated by Congress since 1868, and this sum, we believe, is larger tham that ever voted by any nation to a single land explorer, if we may except Sir Samuel Baker, whose expedition to the Great Basin of the | Nile cost the Khedive two millions of dollars. Tt now alone remains for him and for Congress to make this survey apply to the entire do- main remaining unmapped and unknowa, Two-fifths of the territory of the United States is arid, like the alluvial plains of Egypt, and only three per cent can be reclaimed by artificial irrigation. We should «cnow, there- fore, the exact position of these oases and the structure and topography of the outlying ter- ritory. How this is to be accomplished our correspondent tells in his letter published to- day. Wisdom at Last. Mr. Theodore Tilton has at last done a wise thing. Ina letter addressed to the chairman of the Plymouth Church Investigating Com- mittee he declines to appear before the com- mittee, to produce any of the originals of the documents quoted in his statement, or to hold any further communication with it in any form. He gives three reasons for this course, which are unimportant, but adds, “I have in- stracted my counsel to proceed at once, at kis discretion, to carry my case from your juris- diction toa court of law.’’ In taking this step Mr. Tilton makes the first progress towards the truth. There passes away any pretence of not desiring to injure Mr. Beecher, which no one ever believed. Instead of the rambling statements of easy talking witnesses, unfettered by any legal process or responsi- bility, we have the laws of evidence, the right of subpoena and punishment for perjury. The law takes possession of the case. The law will decide whether Mr. Tilton is a slanderer or whether Mr. Beecher is a criminal. If our laws have any virtue or any protection now is the time to know it. Mr. ‘Tilton deserves credit for this act. ‘Thero has never been a time, at least since the publication of the letter to Dr. Bacon, when telling the whole truth was not only necessary but unavoidable. Wo are now in hopes the truth will be known, not only im justice to Mr. Beecher and Mr. Tilton, but to society at large. Tar Tamp Txrm.—The statement pub- lished yesterday in our Long Branch letter im reference to the probable coalition of Grant and the enemies of the republican party om the ground of a third term created quite » sensation among the politicians. The idea seemed to gain ground that where so muck smoke was there should be some fire. To this conclnsion the country is gradually drift. ing, and men begin to see that the third term is not so impossible as it appeared to some political wisencres. PERSONAL INTELLIGENCE. ictal Secretary Belknap returned to Wasnington yea taurning, Mr. William Warren, the comedian, of Boston, ts at the Windsor Hotel. | Bx-Congressman Dennis McCarthy, of Syracuse, | 18 staying at the Glisey House. | Judge John M. Kirkpatrick, of Pitrsburg, ts | stopping at the St. Nicholas Hotel. Surgeon Joseph B. Brown, United States Army, is quartered at the Sturtevant House, Captain G. L. Pareja, Peruvian Consul to Veneau- ela, is sojourning at the Grand Central Hotel. Rev. Hugh Hulsatt, chaplain in the British Arivy is registered at the Fifth Avenue Hotel, State Senator Samuel S. Lowery, of Utica, is among the recent arrivals at the Windsor [otel. Mr. Wilitam Thomson, United States Consul at Southampton, bas arrived at the St. Denis Hotel. General B. R. Cowen, Assistant Secretary of the Interior, yesterday arrived at the Windsor Hotel. Sefior Don Luis de Potestad, Spanish Ohargé | WAtaires at Washington, has apartments at the Aibemarle Hotel. | Governor Moses, of South Carolina, has pardoned | so many convicts that his successor may be able to return the compliment. Ben McAtee, of Bardstown, Ky., cured himsele of somnambulism by walking out of the second story window while asleep. ‘The Cleveland Leader calls him Baron Swargea- born. Is this the way the new Austrian minister is to be treated tn this country? | They call the Rev. G W. Frisbee a “fraud” im ‘Titusville, Pa, because he predicts that the town Will be destroyed by fire on the loth of August, Count Zannini, Secretary of the Itaiian Legation at Wasiington, is at the Albemaric Hotel. He will satl for Europe to-day, tn the steamship Rus. sia. "Governot Hendricks ts certainty & candidate for | the Presidency. He bas gone to the Witte Sate phur Springs, where the first taiks on the subject: are held. | Generals Pvil Sheridan and Rugene Carr arrived | in Buffalo yesterday morning and are the guesta! of Mr. Wiham G. Fargo. They will remata | tnrough race week. A cable despatch was received yesterday morn- | ing by Vicar General Quinn, fromr Archiblahop Mc- Closkey, announcing his safe arrival in Europo im good health and spirits, The Archbishop is likely to be our next Cardinal should His Holiness de- cide to confer the red baton aa American cards gents, During the vast year wany of their | ish government ovidently will not be party | aa.