The New York Herald Newspaper, December 8, 1874, Page 15

LITERATURE. & JOURNALIST'S SCRAP BOOK. INTERNATIONAL COPYRIGHT. Letter from Mr. James Appleton Morgan. Jou Paci’s Boox. Moral and Instructive, Con- sisting of Travels, Tales Poetry and like Fab: caulous. By John Paul. With several Portraits of the Author and other apiritea Engravings. Hartiord, Conn., and Chicago, 1.: Columbian Book Company. kK Joun Paul is the name assumed by Mr. Onari @, Webb, @ journalist of wide experience and large ability, who has contributed for many years to the New York and California press, This book is handsomely printed,. the engravings are of @ better quality than engravings generally, and it is full of entertaining and origina! matter. It RBmbraces eighty-three chapters, and ts simply @ series of essays, extracts from the Tribune cor- respondence, personal recoliections, humorous and sometimes grotesque experiences, There is a quality about John Pani’s writings whicn none of Our humorists possess, Passing from absolute fan to grave statements, biending information, opinions, odd experiences and quaint conceits, the absence of any special idea in the book makes i There is an interesting chapter of recollections of Mr. Greeley, in which the author describes bis first | interview with the distinguished editor, when, a | young man from the country, he carried him a col- lection of verses, entitled “Morte,” which are published in this volume and show very hico ebdility. “The great mistake thas young men make Js in leaving the country and coming to the city,” said Mr. Greeley. t you came to marked, “Yes,” he replied; “and sometimes I think it was a very great mistake; but 11 1 could have got half a dollar a week more | should never have left the country, Why, if 1 were to advertise in my paper to-morrow for fiity men to go on a pirate dip and tor five men to work on my farm there ‘would be 500 applications ior the situations on tne Pirate ehip and not one for the farm. Would you believe thatr” “Yes, sir,” Imade answer, in all seriousness; “I think I had rather satl @ pirate sip tnan work on a farm.’ So [ went on told nim what I wished to be and Willing £ was to work early and C wanted an object in itfe—sometning to occupy all my time and thoughts. “Then you'd better get mar- city, Mr. Greeley,” { re- bow ried, young man,” ne said, wheeling around tn | bischair, Tne interview ended by Mr. Webb re- turning to the country and enclosing Mr. Greeley Bome verses [or publication. ‘They did not ap- pear,” says Mr. Webb, “and I wrote to Mr. Greeley to ask whether my verses had been lost or torgot- ten, His answer was balm to my breast when I bad succeeded in deciphering it.” This it i New Yorx Triscxe Urrice, May 6, 1857. My Dean Sir:—In the first place a young man who writes to & busy editor, who has no time to consult tteers, without giving the Stace, as well as villaxe, om waich his ietier is dated, does not deserve an fires Besides, you misspell my name. for which here is noexcuse. “But L will answer you. Your verses Are neither forgotten uor lost. Li ased now they would | Tam awaiting an op- | hmply be printed, uot published. pertune moment to pubiish tiem, As it is likely & Case ill soon appear in the courts which will give thei point. Yours truly, HORACE GREELEY. There isan amusing chapter on the Beecher deandal, and 4 brief poem tn which Mr. Weob gives | his ideas of the true position discreet men should assume in this controversy. There is @ cynical bumor about it which justifies its publication bere:— THE OUTSIDE DOG IN THE FIGHT. You may stnz of ged dog, your bottom dog, Or of any dog that you please; 1go for the dog, the wise oid dog, at knowingly takey his ease, And. wagging ins tail outside the ring, Keeping always nis bone in sight, Cares not a pin, in his wise old hes For either dog in the fight. Not his is the bone thev are febting for, ‘And why should my dog sail in, With novhing to gain, Dita certain chance To lose his own precious skin ? There may be & fow, perhaps, whe fail vo see it in quite this light, dt when the sur fies L had'rather be ‘The outside dogin the fight. 4 know there are ‘lozs, most generous dogs, Who think it is quice the thin To take the part o! the bottom dog ‘And xo yeiping into the ring. Iéare not a pin what the world may say Jn regard to the wrong or right; My money goes. as well as my song, For the do4 that keeps out of the Sght. Altogether, John Paul’s book is one of the most fnteresting and valuaple of the season, and ts quite a addition to the literature of American humor. NATIONAL BRAIN THEFT. fo THE EDiToR OF THE HERALD:— One of your contemporaries contains a commu” nication signed ‘Author,’ whose writer appears to question the truth of certain propositions, which, he says, I “undertake to demonstrate” in a letter to the London Athenmum, These propositions are—frst, tnat an alien dra- matic author in this country receives precisely she same protection In his literary property as the pitizen receives in his; and, second, that by neglecting to comply with our copyright laws he can actually enjoy greater privileges of protection yn his literary property than he couid by compiy- ing with them. if such be reaily the case, ex- claims this correspondent, then our copyright laws are “a curiosity and a stultification of them. and it would be well if Congress would look to them. I agree most exactly with the correspondent m the above conclusions. But paradoxical and ybsurd as the above propositions appear to bim— paradoxical and absurd vhey unquestionably are—they are neverthele: trae. So far irom “undertaking tp demonstrate” in the Athenaum jetter, | merely stated the fact, remarking, I be- | ileve, at the same time, that perhaps such a law might appear to oe one “inconsistent and at vart- | ance with itself,’ which, possibly, amounts to Buch the same thing as saying that {t 1s “a cart. sity and @ staltification,” &c, ‘This correspondent errs, however, tn supposing that tule anomaly arises trom any statutory enact. | ments apon the subject. It arisea rather (rom | operation of the common law, as énunciated in two recent decisions, the one in the Court of Appeais of the State of New York, and tne other In the United States Circuit Court for the Seventh Judicial Circuit, The first decision citea was tn De Witt. vs. Patmer (47 N. Y., 582). In that case tt appeared that previous to 1863 one T. W. Robertson, a resi- Gent of London and a citizen of Great Sritain, composed a drama called “Play,” of which ne as Bigned, On the Ist day Of February in that year, to Mr. Falmer, the weil known theatrical manager of this city, by Instromentin writing, “tne exclusive right of printing, publishing, performing, enact- ing, representing ana producing,” &c., “through: | On and aiter the 15th | put the United States.” day of February, 1868, the drama of “Play” was publicly periormed in London at the Prince of Wales’ Theatre, and subsequently at the Filth Avenne Theatre in this city. Onthe 25th day of March, 1863, one De Witt, a publisher in Ann Street, printed and sold copies of the arama in question, not obtaifing or pretending to Dave ob- tained the same of or through the memory of one Who Mad Witnessed its pabiio performance. It being S0 far settied that one may memorize & per- formance and afterwards make any use of it he pleases. (Macklin vs, Richardson, Amb,, 694 Wilisck vs. Barney Wiliams, 0. %, N.Y. S. 0., 1867.) Now, upon this state of facts the Court of Ap peals held—First, that the resident american as- signee was the literary proprietor of the compo- sition; second. that its representation apon the stage In (his Conntry Was nota warver of nis rights as such; aod third, that tt never having been pub- lished in print by Its sasigoee, the publication oy De Witt was ao taofringement for which the as- signee could recover, The Court did not pass apon the question whether De Witt might not bave represented the uncopyrighted drama apon the stage, that question not being before tt. but in the cage in the United States Vourt (Crowe Gelight{ul in its wayas the Essaysof bla. | ana | late and how | NEW YORK HERALD, TUESDAY, DECEMBER 8, 1874—QUADRUPLE SHEET | ve. Atxen, 9 Tepresentation did fairly and distinctly present itself, In that case, the play “Mary Warner,” aso $0@ composttion of an alten aatnor, which had been written for a Britial Jormed upon 6 British » appears to bave to ‘the United States tor the sole purpose she assignment, ‘license to perform the Mentioned, had procured and printed Warner,” as he had previously procurea and printed “Play,” and had sold a copy thereof to the the city of Chicago, who had caused it to be pub- Ucly performed therein. law right of the assignee to his lite Now tne effect of these two decisions, taken to- gether—since, according to the first, the composi- tion cannot be printed and sold, and, according to the second, tt cannot be represented on a stage Without its proprietor’s permisston—is, undoubt- eoly, “that an alien dramatio author tn this coun- try Tecelves precisely the same protection in lis literary property ag the Citizen recelves in his,’” which Was the frst proposition, Now, as to the second. In 1860 was deciaed the case of Keene vs. Wheatley, (9 Am. Law Reg., 33.) ‘This was the case of the comedy ‘“Qur American Cousin,” don, lor representation at a London theatr UpoD Its deing assigned to Miss Laura Keene, sue, unfortunately ior oerself, proceeded to copy- tignt toe manuscript play, under the Act of Con- gress, before producing it on the stage. Upon tts proving a success, other.ana rival es:ablishments to Misa Keene’s managed to procure and produce versions of the comedy, which establishments sne brought various suits to enjoin, among them being the one entitled aa above, laws o! the United States where the ochers did | actress, and per- | been assigned to the plaintif, en alien, whocame | bubisber 1 the United States for the term of five years,’’ | Meantime, however, the publisher De Witt. before | “Mary | defendant, Alken, the proprietor of a theatre in , posed measure.” Beld that its production _ we wore disposed by Aiken was an infringement upon the common i Y property, | 6:4 originally composed (as were the others) in os } | to the American author, not—the Court held that a resident alien couid | bot copyrigit the works of @ non-resident Biss., B., 208), the question as to the | sutnor would ask to be favored in that competl tion, if such favoritism involved the wholesale roobery of his Engtisn brother. Bot if, on the other band, we do admit that | shere ts each @ thing as competition tn Suthorship, it becomes at once apparent that the only sioie Way in Which to make that competition fair and accessibie to the American author and to enact an international copyright, since that ciearly the only way in which they | can be relieved trom the unjust and unequal com- Of producing it, having obtained, In addition to | petition of cheap Englisc reprints, which pay their me in | Suthor nothing, and which, on that aceount, can underse!l—according to Mr. Morrill's tables—the American work, which must pay botu author and puvlisner, Again, “Engiand,” says the report, ‘is the | great book-making and producing nation with | Which tots country has to do; aud, consequently, our interests would be most affected by the pro- Now, Wf tt bad vot aiready ap- peared that this was merely the teinporary and commercial aspect of the case this statement—it to adimtt it at alli—would be nothing less than humitlating. The encourage. ment of literature is commensurate with the area circulation, Who knows but that when that area and that circalation vecome tnternationai any inequality between the literary labors of one nation or another will speediiy pass away } “so long aS you deny us copyrignt,” sata the English philosopher to Mr, Emerson, “Wwe shall have the teaching of you.” Finally, Mr. Morrill argues that the constitution bestows the power of enacting copyright laws upon Congress, tn order “to promote the progress of sctence ; and how, he asks, will an international copyright jaw promote the progress of science ? if an English author 1s aiready incited to mental labor by the copyrignt laws of his own country how wilh an international copyright law operate ag a (urcher incitement. There does not appear to be any reason why the International law should not operate as a further incitement to the English, or, 1t might be added, But aside irom that. if the argument proves anything, it proves too much, Since the next question must be, Do copy- right laws make aucnors ? Can a law of copyright make an author out of one Wio0 has no genius or talent or ability for authorship? Which brings us buck to what was said before, and what, perhaps, 13 all that there is to be said on the subject— Now, upon this state of iacts, precisely the same | namely, that ti there Is no reason for a Jaw of in- 4s in the Cases We have just been examining—ex- | cept that Miss Keene complied with the copyright | ternational copyright then there 18 no reason for any jaw of copyright at all. But whether there ts or ought to de an interna- tional and universal copyright or Dot it 18 @ fact that an auvhor's uviversal rigit to the result of bi alien, and, therefore, that Miss Keene could own labors, wherever he 13 ana to whatever na- not restrain any one who wished to do 80 from periorming the comedy “Our American Cousiu,”’ which she had purchased and tor which she had paid, This uecision has never been re- “that oy neglecting to comply with 8 ne (i, the allen author, or hi stands to nis place), ir copyright ignee, WhO | privileges of protection in his literary property | than re could by codplying with them," which | in their javor. ‘was the second proposition. and | am at a loas to see how it could well be other- Wise (hau as tt 1s—and woatever may be thought of our statutes ol copyright (and, except the an actually enjoy greater | versed and is law to-day. And this seems to prove | tionality he claims allegtance, is fully recognized and admitted to-day, both in England and Amer- fea, And this 1s abundantly proved, trom the consideration that the couris of botn countries Ve done their utmost (and this is what 1 did “andertake to demonstrate” in the Acheneun letter) to give to alien Authors every privilege and opportunity possible, in the abseuce o! an interna- tional statute, and to strain every possible point ‘The two American cases which show thts gener- Whatever may be thougnt of this lawasiaw— | ous and liberal spirit have already veen noticed, | And im England the cases of Low vs. Routledge | (L. RB, 3 HL. cas. 10, Which Was the case of Misa Cummings, the au‘horess, of tals city, and her Freach, they are the most lioeral in the world), it | novel of ‘Haunted Hearts’) and of Low vs, Ward 18 HOt surprising that tke above paradoxical and | Which gives to an allen, as of course and freely, What it denies to the citizen, except upon tis com- ance with certain formula and upon payment y hit of a certain lee, and a law which rewards anomaious condition of things—namely, a law | its OWn breach rather than its own observance (a — condition of things arising, be it remembered, Jrom the construction of those statutes, by apph- | Cation of princivies 0! common law), should lead | nbrary of the correspondent. to exclaim that they were stultification.”” And his correspondent ts undoubtedly right, (L. R. 6 Eq. 418, when was the case ef Dr. Oliver Wendell jsolmes and iis novel of ‘The Guardian Angel”), by virtue of which a citizen of the United States can obtuin copyright in Englana for bis work, by simply crossing our Northern srontier and passing a jew days in Canada, indicate the | same liberality and seuse of justice. Besides which it appears as if am American author, by merely depositing his voiume in the requisite ‘aris, could obtain w copyrigit fn Krance “& | (which is the most liberal Nation in the worid to aue thors, making no distinctions between 1:8 own citl- zens and foreiguers), Which copyright, by virtue of too, in supposing that the remedy for this state-of | treaties between France and Kngiand, making things les with Congress, though what remedy is hé may not imagine, ‘Toat remedy hes, tt seems to me, in the enact Ment by Congress of an international copyright, or, rather (for this 18 the shape im which the sub- Ject will provably come up), tn sue appointment by Congress of commissioners to meet commis- giouers to be appointed by the Crown of Great Britain and drait a treaty of international copy- right. And it is difficult to see how any otler lezislation would meet tne case. * And, indeed, why there should not be an tnter- ‘Mational copyright between the two great Eng- lsh speaking nations, as well as between an Eng- lish and a brench speaking or an English and a German speaking nation, if is dificuls to see. The Opposition to such an act appears to arise from nothing more than a faticied temporary and com- mercial expediency (and that it is, if an-expedi- ency at ail, ab expediency only toa few book- seilers and not to the country at large, | think I shali be abie to show Jurtier on in this letter) which, to say tie least, is poor ground iora na- tional law, And mereover, upon examination, I think it willturn out to be a fancied and nota Teal expeaiency. Iquestion it any argument has ever been waged iu this country against an rmverpational cupy- Tight, either in 1837, when Henry Clay's bul there- for was killed in tbe Senate, or in 1873, when the Hon. Mr. Morrill reported adversely upon the eud- yect to that body, which 18 not equally au argu- vauerahic any copyrigat at ail, either jocal or “al, Mr. Morrill’s report is, perhaps, the most ambi- tous attempt in toe history of tevislation upon this subject to defend, upou constitavional and | legal zrounds, the non-existence of an interna- tional copyright. The argument of that report 13 divided into two parts, show that neither the Jetter nor the spirit o: ciause in the constitution (section 8, subds. 8, 18), which gives to Congress power to pass laws of copyright, recognizes the 1ight of authors to copyright of taeir works as existing at all, ex- ceptiu so Jar as, subsequently to that clause ang by virtue of the power it proceeds to delegate, the Congress shall thereafter grant tnem that right. Thats to say, that, 28 it could not well recognize a thing which it gave tho power to Congress to bestow, but watch nad not | yet been bestowea by that Congress, the constitution did not recognize the rights of authors m their works, Besides, argues Mr. Morrill, 1 the constitution had, in spirit, recognized the matural and absolute rights of an author in bis works it would never have at- Lempted to secure to him @ qualified and limited right in them, and so, if Congress has not seen fit to grant copyrignt to certain aitens, the constitu- tion cannot be yaid to recognize their right to such a copyrigh if tuls 18 a correct statement of Mr. Morrill's argament (and it seems to be) then, While 11 cir- cumerential regsoning 18 very ingénious, it 14, Derhaps, Only necessary to sdéy tnat the whole question as to the natural fights of authors was discussed and exhausted in the two gieat causes culébres ol Millar vs. Taylor and Donaldson vs. Beckett, which, togetner, occupied the attention of the English House o: Lords and of the authors and puoitshers of the Suglish speaking worla for the better part ol tive years—irom 1759 to 1764—ID whose consid- eration sat Lord Mansficla, Yates, De Gray, Wiles and Aston, in the discussion oi whiea Lord Cam. den delivered his famous argument, and to which reference at this day would almost seem super- Quous, It would seem to ve ratner late in the dav to mike & mora: difference between literary and any other property; for, although the last mentioned case of Donaldson vs. Beckett may be considered as reversing the former, and of establishing the superiority of copyright to common law right, it can hardly be maintained Chat because an author gives up a tragment of nis natural rights in order that the law may more completely and fully pro- tect the remainder he has no natural rights at all. The right of brain isa natural and a moral right, sécured to nim vy the unwritten law; and if the consti(ution ol the United States, or any other written law, attempts to abrogate natural and | moral right and unwrittep iaw -except as a pun- ishment tor crime—tnat written law, whatever tt is, and by whomsoever enacted, is in just so far null and void, But it is hardly to be supposed that the constitution does any such thing. The second portivn of Mr. Morril’s argument ts to te Inexpediency of an international copyright, into which it seems hardly Qecessary to enter, since what ls tnexpedient One day oiay be expedieut the next, (Cis, at tae best, only a temporary and transitory uspect of the case, whicn Is, of course, utterly powcriess to affect the question of its morality Or its righteousness, ‘Stull it might ve weil to eXamine even that aspect. A tale or prices 18 appended to the fact 18 allued to among other similar ones, as shown therein, that “the average price of seventy- five Engiish books (of which tie aames are given, that | First, into an attempt to the | what 1s copyright in one of them copyright in the other, would be a valid one in England. So true ig tt that itis the tendency Of all law to gravitate toward justice and right, Whatever statuses legis- lators enact or waatever treaties nations make or neglect to make. Why, then, should we not have an international copyright? The practical effect of its non-exist- ence, che fact that a work can be furnished to the pubiic more cheaply by appropriating the property of its author therein than by paying him for tt, 13, surely, very little to the credit of anyoody; nor is the spectacie of two opulentand mighty nations stealing each other’s books and squabvling about @ difference of $3 50 in their price, either exem- plary or edifying. JAMES APPLETON MORGAN, New Yous, Dec. 4, 1874. LITERARY CHIT-CHAT. Dr. F. Reber is issuing a complete “diievory of Modern German Art,” which is brought down to the Vienna Exhibition of 1873. “A History of the French Cavalry and Artillery,” by General Susane, Is praised as making military matters attractive even to ignoramuses. The praise which Edmond About renders to Jules Verne’s stories is that «nobody commits sut- cide in his books, nobody pays his addresses to crime 1s unknown.” This, as French novels go nowadays, is a eulogium as rare as it is deserved. speare” is among the forthcoming books in Lon- don. Itis done by Mr. W. J. Craig, of Trinity Col- lege, Dublin, The new book of C, Wordsworth—*Social Life at the English Universities in the Eighteenth Cen- tury”—is a big, bulky volume of mingled amuse- ment and rubpish, Karl Elze’s new “Essays on Shakespeare” are notably good, though they bear marks of tha! German critics are distinguished, The story of “Reynard the Fox” appears to pos- sess inexhaustible interest. A new critical edition of it, in French, has just appeared in Paris. M. Lenormaut has published two volumes of his the archeology of Egypt in the pre-historic age, and to the history of Chaldea, Assyria and Pheenicta. Victor Hago bas definitively quitted his home in the tsiand of Guernsey, and will live hereafter in Paris. Mr. Edmond About tells the Atheneum that literary France, in spite of troubles and uncertain ties, 18 recovering; that Frenchmen now write and read something more than the newspapers, and that some steriing works that will endure are being issued from the press. PHILADELPHIAN AESTHETICS. What They Are Doing in the Brotherly City to Train the Young im Art and Music. PHILADELPHIA, Deo. 6, 1874 aman to the offspring of his own | The conviction, which is slowly but inevitably faining ground throughout the country, that an Industrial art training, thorough in ite methods and comprehensive in tts plans, 1s needed to our Prosperity, 18 at last forcing itself practically on the great manuiacturing city of Philadelpnia. That, with its numerous producing industries, tne value of the arts of design should come so slowly into recognition oere must seem incomprehen- sible to one who does not Know the conservative character of our city, Once awakened to any im- portant knowledge, however, we do not shut our eyes upon it again nor move any more slowly than | 1s needed to assure steadsast and successfui prog: is §5 90, While the average price of the American | reprint Of che same DvOK is Oly $2 40. But 1s this iact, or are such (acts as these, to influence national legislation? They can scarcely be said to reflect mucn credit upon ourselves as a peopie, at auy rate, ii they prove anything, they Prove (nat we are able to help ourselves tu A Goes not belong to us. The diference between $5 60 and $2 40 can hardly ve considered as rep> resenting our Gattonal cultivation, our voasted universal education, our enterprise, public spirit ornotiesiy, What tt does represent migat rather be supposed to be simply a sum of money diched by a Whole nation irom one individuai—gad taat mdividuai an author, who is dependen¥ tor his aupport and the support of bis family upon tue guins of Uterary labor, which gains, at best, are fot apt to be enormous. Unis applies equaily to Our Own authors and to the saie of their works in Evgiand. Since it will be found, a8 It stanus to reason, that a piraced copy OF @ WOrK Can ve Sold More cheaply than an authorized copy which 2a8 paid a copyrignt to ita Proprietor, jus. te same as is 1s cheaper to buy a Waich that fas been stoien irom somedody than oO buy it trom the manutacturer or deaier, and nce piracy ts DothiNng more nor less than iiterary larceny. Vhere is no reason why an American should ve Enghstnian sbould be especially tavored by the American laws, But ywhen they fod temseives son why they vaunot enjoy their own personal property unmolested. be inet turther mentioned tn Mr. Morrti’s te- expediency of Internationai copy- | director: right © tuer uiustrated by recurrence to | the v th the saie oF the cheaper repr yrighted cdition in voth | countr | pobody wht to belp one’ li to a thug than tt is to pay ior tt, | thing watch Congr theoretically, at least, sould knuw Hothing about, But there can scarcely be a competition between the discoveries, or learn. | tng or imagination of authors. And, I there could especiaily iavered by the Engush laws oor why an | Ob eich ovber’s Shores—as long as they are peace: | abie and law aviding—there appears to be oo rea: | | progret @ report, and | fess. The initiative taken by Massachusetts has been watched with quict out vigilant interest by lead- ing citizens interested alike tn our manufactures and im our pubile schools. As Walter Smith’s method there approved ttaelf by its results, they began to look: around thom to discover what means might ile at band for developing artistic tasie and faculty among the children, and secur. ing the toterests of our industries in the futare In the markets of the world. The evening classes of the Franklin [nstitute are too limited tn their art teaching, aad reach too small a aumber to afford them any beip. They needed some one competent to organize and direct a thorough system of art instruction, and a sullictent number | Of able and well-taugnht teachers to oarry tt out. Both are to be supplied by the Philadelpnia School of Design for Women, which for years tas been doing good work to the extent of tne limited means at its command, Within the last two years especially, ander the principaismip of Miss Eliza. beth Croasdale, the scnool has been making rapid toward a front rank in our art institu. tions. Miss Croasdaie had been for some years one of its most successful teachers, wheo, feeling the need of broader culture and of a more com- prehensive method of art training, sne went abroad, studied and graduated at the government Art Traiming School, South Kensington, London. Soon alter her return to the seheol uf De- sign she Was made tts principal by the and ber success in wer oew position d ber to be (he person applied to vy the memvers of our kducauonal Bourd (o prepure a aystem of drawing for our public scuoois and to 1, EXCe)L, petliaps, What | supply a sufllcieut auMoer of competent teucters eldigpused lo deny—that tt ischeaper | tor its tutroduction. engaged botn in Wasgbe eli | her system and tu se. | | As to the competition Of tradesmen, that 1s one | curing weil quail: Miss Croasdale ts now busily ed instructors from among her Rohs Graded certincates have been prepared, nVolving the theory and practice necessary to be taught tn large classes, and none but those holding teachers’ certiicares Will be recommended br the | ve ly is bardiy to be velieved that an American | school. By the time the candidates are ready it 13 married women; passion is absent from them and | “A Glossary of the Obsolete Words in Shake- | over-acuteness of perception for which so many | “Premieres Civillsations,” which are devoted to | | | | over individual and national destinies, and with hoped that the system may be introduced without ! half yearly term, haying since, for several apy further d , and | find none but the most taught, first povs, then tetin iD thet! teens, sanguine anticipations as to tts success and its ul- learned very thoroughly that tbat adequate 1 tunate Wide-reaching effects. | Centive and veward, iu the case of healthful, nor- | _ The School of Design itself is weil supplied with maily constituted giris, is not to be found simply teachers aud with materials for art study, and 1m the amb:tion, patural or cultivated, to become quite 4 pumber of tts graduates are now employed | @OOd Wives and mothers. And it ought not to be, euccessiully a@ designers in Various branches of | AMY ore thay it should be found for bovsin the industry, while 4 muen larger proportion have de- | corresponding ambition to become good husbands voted themselves to teaciiing in private schools, and fathers, which, by the way, so far as the quali- The divisions ornamental design, of landscape fying adjective ls Concerned, would bear laying @ and of figure, are each under the superintendence little more stress by 4D Many cases. But, I re- of well known artists, and thorough instruction 13 at, one cannot jotimately associated with iso) given in drawing on wood, in ealthinily constituted girls without coming to wood engraving and iithography. ‘The iormer know that their Creator has wisely endowed them princival, Mr. Braidwood, applied himself as liberally as their brothers with the conscious- to the procuring of materials ior art study, | ness of individual responsibility and power, resulting 1D a gallery of over 300 casts rom the ané the desire for the {ull and rightful antique, more tian seventy of which are of life exercise and recognition of both. The “clinging size; @ considerable number of plaster casts as | Vine” theory, which has fully soown its powerless- amples of diferent schools of ornament, ness for good results, and its lolly, 19 man’ nd the antique, the Byzantine, the Saracenic, the 1! would be wel! for hin to ponder more deeply Gothic, sid of the Kenaissance, There is acare- what be seems to find @ very unpalatavie truth, fully chosen library of over one hundred volumes. that 11 13 bis attempe to enforce this theory on the And the catalogue of paintings, prints and draw Woman of to-day, Who has outgrown {t aud gained ings possessed by the schooi, say the directors, | courage to claim her birthright of respect and “i8 DOt attempted, since they number by thou- | recoguition of her individual existence. that ts the sands.” Certainly, with @ system of teaching tn- | chiel cause of the growing disinclination of tended to stimulate and awaken whatever degree thoughtful women, the very women who would Of individual talent each one may poasess, the pa- pis Of this schvot snould go forth thoroughly pre- pared to interest and instruct otiers. the chet dimeulty in its way, hituerto, ts the waut of a special endowment enabiing It to receive iree pu- pills, since many of those Who might most advan- | tagcously receive its instructions are anable to prepouderating ove. 1 shall have occasion to support themseives curing the time demanded | reser to this with somewhat more of detail in no- for the course, and to pay even tne | tcing auother poruon of your lecture. moderate fee ior tuition—g20 per session of The second grave reason why a woman's educi five moaths, which is necessary to maintain the | tion should nol only fit her for independence, bu! make the best homes, to marriage. With all the ciaun, ip some relations well founded, that the American makes of deference and respect jor woman, I say distinctiy that the proportion of American hasbands who show proper réspect and consideration to their wives is, far from being the acovol., The Iree pupils s0 far admitted have been | stiouid stimulate her desire for ability to walk supported by the generosity o/ the directors and | wor'hliy avd nobly alone, 1s a double ope. Such their friends. It might be weil for some wealthy | stimulant and desire will never hinder a woman individual to secure to himself lasting gratitude and @ name by so endowing the school as to make it the piace where such aa the pubiic school system of drawing may prove to be possessed of unusual ability shali be enabled to carry on | auy desired special branch of art study to a thor- | worth of the men they marry. It will necessitate ough mastery of the same. | and stimulate among the majority of young men For a proficiency iu tue arts of industrial design, |-an gmbition and endeavor jor a higner standard and Asuppily Of #killed artisans Who may enable | of character, & nObier and worthier mannood. our manuiactures to compete, in even the finest | The greater number of them want to be “masters branches of work, witn those o1 France, of Vienna | in their own hou-es,” as they phrase it, on the and of the Crient,{s by 00 means Lie only advantage | easiest terms. hey prefer the clinging vine to be attained by the introduction of art teaching’ | theory, because it better suits their self-indulgence | Into the public schoois, Even the cognate benedt | to have some pretty girl whom they admire sa; of a public, trained to appreciate and to demand | “yes’’ to their proposal rather than run the ris! | beauty in even the commonest and cheapest arti- | of remaining unmarried, cles ol Rovsehold jurniture, of workmen and work. | Women, educated to a keen, tutelligent perception | of A noble Woman. And as there Is nothing that of grace and harmony and of the means by which | our Republic more needs than a high standard of they may be secured Without the aid of costly ma- | mannood by ail means give us the hig’ # system of teriai—even this 19 Not the only added cause Which | education for women which you, Air, Schurz, commends such teaciing, It must lead in not a | statesman as youare, shoula know better than JeW cases to the deve opment of an artistic facuity | ‘not to delleve in.” which would otherwise, perforce, have remained | And tne third reason is akin to the second, We dormant, or have awakened oniy to torment its | want a wiser, a nobler, a better Republic. But the | possessor With a longing Impossiole to realize for | State cannyt de better than its citizens make It. its cuitivation—the vision of au ideal after whicn | And we cannot have wiser and nobler and better it Was In Vain even to strive, The gilt ofa thor- | sons of the Repuvilc without baving mothers to ough elementary training In art will bestow on | make them sich, And this can only be by seeing maby a man and woman the love and the aptitude | to it that the education of our women 1s such 28 Jor a pursuit outside of the dally domain of task- | to fit them for exercising a wisdom, @ spirit and Work, whether of brain or hand, which wilienno- an infiuence in their householdy that shall make ble and beautity their own daily Ives and serveas , their suns reverence them. And, while we have who traiy loves the man who loves her from mar- rying him. But it wil prevent the Marriages of convenience. for position, for a home, to avoid being called “old maid;” and it will make women look more closely to the character aud than it does to ft themselves for commanding the respect ana love incentive and stimuius to otners, Raphaels | more or less of a protecting love of sons for and = Murillog may not abound amoung us, | their mothers, we have very little of tms rever- but in such as are now in my | ence jor them among us to-day. How should it ex- memory—two work differing widely | irom each other, but each recognized by every be- hoider agamong the things Of beauty that are a | treating their opinions on subiects ol wreat weight Joy foreVer—we shall surely be the richer, Que of | and moment as of nu consequence whatever; and them was the leisure hour employment of a mer- | while they hear from wise men that “woman's chant, now dead—a member Oi tle society wuich | sphere is home,” and see in their own homes tuat gave Benjamin West to our earlier generation of | the said sphere Is Limited to “making taings com- artists—and consists of taree thick volumes, con- | fortabie” and ‘ooking after the little ones”—by taluing paintings, lile size, of every humming vird | no means extending to the taking of wise counsel in North and South America. On tne page oppo- | in ail things with thelr husbands and wisely site to eaci specimen is 4 Deauttiuliy printed pen- | guiding aad directing the enaracter and habits of and-ink deseription of the bird, 1fs aunts and growing-up sous? siow should it exist while sons habits. In every case where it Was possible he | grow up to see that their motters, so ar from | had procured 1s own specimens for painung, | being honored and trusted partners of their hus- taking cose and careful observation of the bird | bauds’ interests, must ask for all the money while stil in jive. Cuable to visit the tropics | heeded tor household expenses and their own, and him-elf oi8 South American specimens were pro- | account for it, not as partners, but as dependents | cured for nim by @ more fortunate friend, wuo | and {nferiors' | sympathized tn nis tastes and studies. One secret And how are women to learn or to practise the | of color, whereby the gold, wierever ased in his | economy which you dwell upon a8 necessary to | paintings, is preserved in uncimmed brilliancy, | happy homes uatil they have tne requisite knuowl- ‘Was bis own and has died with tim. The other bit | edge and responsibility ? To which end yeu will | of work to which 1 have alluded waa done by @ | have to educate nine-tenthe of the men of this na- | lady who had taken the veil, but who still used | tion toacomprehenston of the fact that every | | | | ist when sons grow up to see their fathers, how- ever much they may proiess to love their wives, her brush for tie benefit o! her convent, aud ts | wifehasa right to know her husvand’s business standing, and the amount he can rightlully spare for the household; and to have that amount placed in her hands at regular intervals, witn a partner’s, not a servant’s responsibility for using it to the utmost advantage of taé family. And you will have to educate these same men aiso to a knowl the property of one of the poet Whittier’s earnest admirers, who sélected the subject—one of ais Javorite ballads—to be emblematically illusurated by flowers. I have heard one of our oldest and best known artists pronounce tt the flaest water color painting he had ever seen. It has been bound into a volume of perhaps a dozen pages, | edge of the tacts that thetr growing daughters nO two pages alike, the biossoms on each | need a fixed alewance under their own control illustrating, by their accepted meaning in the | jor all expenses, and be taugut by experience to “Language of Flowers,” the prevailing sen- | use it wisely, il they in their turn are to have a timent of the verses on that particular | knowledge of “tie practical economy neediul to page. Every letter of the em is likewise | make 4 bome,’ of waich you speak. Ii, as you done in water color; some of the capital letters, | assert, “‘woman is the natural centre o! luxury, i in special manner, being in themselves studies in | and in her atmosphere it grows rankest,” 1¢ is the way oj graceful and delicate design; and | the fault of mad in compelling business ignorance words and flowers on every page are biended into | and irresponsibility upon her; an ignorance and an artistic symmetry Of iorm and color inat make | irresponsibility willen are not going to be rooted of the whole @ vision of delight to be ineffaceably | out by simply opening occupations for her and remembered. The training Which brings percep- | teaching Ner trades, out by the system of edaca- tion and observation of the Wonder and (he beauty | tion which you deprecate, a | Of nature, and which enabies some of those who | pendence and to demanding. as ake her right see to reproduce it in such mainer, is worth far | More than the routine cramming of many text books Of little use in the business or the pleasures | Of alter lite, and jorgotten almost as soon as the | Pupil ia set tree from tue school room. | ‘Lhere 18 yet another fleld of stady im which we | and duty in her homme, the knowledge, the trust and ‘he responsibility now too greatly withheld | trom her, You instance a conversation which you recently heard between two young men as proof ¢! the extravagance of women in dress prevents men from marrying, In a great many more cases 1 Is their own extravagunce. They will not give up | their own lnxuries tor the sake of a wile and a home. And tt ill becomes them to rail against the extravagant dress of young women or give it asa reason jor remaining single until they are in the | habit of paying the same atcention to a plainiy | Gud tasterully attired girl that they do to one robed in silks and Jaces and resplendent in jewels | that rvally beat ouly a wealthy dowagor. It is | very well ior them to talk and to ussert that women dress not for them, but for each otner; but every woman who has ever been 1a society knows that itis only in novels and newspuper stories that the eimply attired girl is the one whe receives the attentions of the nen. Kach of the men who talk of the extrava: mance Oi woman's dress 18 exacting tn his spoken but unmistakable demand that the woman he waits upon spall be as weil dressed as any other in his set, So that [sam up:— The extravagance uf women, of which men com- | plain as deterring from murriage, 18 due to men, Tue wisdom and economy, the tone and temper, | whieh are needed to make & huine, cannot be widely attained until’ men are educated to give womeu their proves posiuon of dignity and trust in the Household, and women are educated to de- mand and secure it, ‘The Republic will never be any better than it is | of the Quaker City flatter ourselves that our schools are likely to take the lead, and that, sin- ‘ularly enough, is music. We pretended to have it taught, in desuitory fashion, for years. Then we put in @ Superintendent of Music, elected, un- | | fortunately, througn political rather than artistic influence, ‘Whose system, or want of system, was @ burden to the teachers and @ waste o1 time for the children. But, as our good genius would have it, the Girls? Normal and High School, which chiefly supplies our public schools with teachers, Was excepted from (he system and placed under | the care 0: a genticman who has been ‘or years | Making a scientific study of the voice, and whose | success in trainiug—in some instances, in a arentiy creating—voices, giving a periect scale ‘from tie lowest to the highest range of each voice, with equal purity of tone on eaca | and every vowei, is {ast making him jamous. ‘the | rapid influx oi private pupiis, it was feared, would canse Professor Everest to give up his normal School classes; but l am giad to learn that the inverest of the young ladies in his lessons and in his method of teaching, Which he iuily explaina to them, and his own intense desire tor the advance ment and drifuston of voeal culture, have decided him to retam these classes antil the future teaca- ers are competent to carry out the system. The Professor bas begun puolishing tn one of our Phil- adelphia papers @ series Of lecters on the voice, of + Which the opening ones are gaining the commen- until its men—of the present and of iuture | dation o/ some of otr best physicians, If his sys- generations—are brought up to a higher | tem ts carried out we snall, some o: these brignt standard of mavuhood; und this canuot | days, chailenge Boston to look to ner jaurels as, be secured except under the condition the mustcal ¢lty o: the Union. | that our system oi education for women | shall $o “stimulate them to independence” that | they will never consent to any marriage which is THE EDUCATION OF WOMEN, An Open Letter. Mount VERNON, N. Y., Nov. 25, 187 Hon. OaR SCHURZ:— Sm—Unable to attend your lecture on “Educa. tional Problems,” I have read most carefully the | reports of it, as delivered tn Plymouth charch, | Brooklyn, which have been given in the HERALD, the Times and the Tridune, Your name carries with it so much weight on whatever topic ol great public interest you speak, and your lecture has | | been so highly praised by journals possessing wide Influence, that those who have deeply at heart the subject of education, and who appreciate how vital and far reaching must be its bearing upon the issues of our national character and existence, musi look upon sour utterances, not simply with a wish to know your thought, but as a new presen- mot based upon a noble and worthy iove, anl in which they shall have the assurance o/ their right- fal respect and reverence as wives and mothers, This letter would grow too long if | did much more than reier to the oné point in regard to infant traiming of which I wish to speak. You refer to the case of the late John Stuart Mill, and give instances the ease with wuicn very young children sometimes acquire diferent languages, in support of the opinion that “muci | more knowledge cau be imparted at a very early | age, without injary co the cuild. than is geverally | deemed possible.” Icaunot close this letter with- ont embodying 1 it @ serious and earnest protest against the opinion set iortb in the latier clause Ol tuat sentence. A somewhat extended obdse: | tion and inquiry into that very subject Jor years leads me to the decided beliet that when much Knowleuge is imparted at avery early age, no matter bow natural toe method of instruction, or bow carelully any apparent forcing of the brain | 18 avoided, the resultant injury is always present, even thougi it may not show itself seriously in childhood, and although it 1s osten attributed in late lie, wheo it has Beebe Po ah to wnat 1 f | physicians call secondary causes. My personal tation of the problem of which you speak for the | PivW urs or the moet sdmiruoly ofuanized “An- SERVERS CRORE ee Guecdensoes | faut school” (have ever known, in Which no ap- In this view, and with a pro.ound interest iu the | parent Sraio eee Daeg [gee ng genteel | dares back to my third year when | was regula advaney OF Be DACP Eiy fo RBRee STAAArd Of | Sr enum One OL ree papils. The alter nistory of character, aad to ® pre-eminent position among many of my classmates in that school, and my in- the nations, with @ yet stronger interest in the | dividual experience, has stimulated the observa- culture and position of woman, and the keenest | tion and inquiry of which | bave spoken, and the appreciation of her subtle and far reaching control | total result of such imquiry would make me feel criminally careless i! 1 closed this letter without the most earnest and serious protest againat your ‘ expressed opinion in reference to this point of some strong convictions as the result of a fairly wide and diversified experience of our schools and of society, | address you tn the'lull belief that your record my sincere admiration o1 the methors sou ' commend when children have arrived at a proper | age for receiving sysiemawic instruction. object Is, frst of ali, to discover and set forth the | ain we (greatest respect | suoscribe myself, best possible methods of culture, and that you wil, cy DICKINSON, give @ welcome to the expression of some who differ from you even on important questions, desire to refer frat to certain of your utters ances in regard to the education of giris, and the causes 0! the decrease of marriage and of the an- satisiactory nature of much of our home ite, and afterward to one of your expressed opiulons with | features about the religion of our Latter Day neigh- reference to itfant training. bors; but, without stopping to aiscuss them all, it aiter samitiing and even arging the need of | answers the purpose of this article to mention a opening more occupations to women, and of Juil | circumstance waich came ander our notice a lew MORMON MATRIMONIAL MISERIES, Children of the Same Mormon Father Not Acquainted with Each Other. {From the Salt Lake Tribune, Dec. 1.) There are many astonishing and few admirable and just compensation being given them, you add | da; It 1s 8 gample o: many such cases in “a t Salt 6 City and througaout tue Territory. Ina that you “io not believe in a aystem of education | Conversation nad with’ #, Wberalminoed young which should stimulate the desire to work their way independently and alone.” The acceptance of your unbelie! a8 their own by parents, teachers and society at large, is most earnestly to be depre- | cated lor at least three weighty reasons, Every one who has aught to do with training others makes the discovery, sooner or liter, that itis the spirit and the parpose with which work or study 13 entered Upon that 1s the gain or loss of the bat | Ue, and that there is 20 such waste of power as that wich Is directed to acquiring any kind of knowledge without adequate incentive and re- ward, Now, having been educated in one of the largest boarding schools in she country, with an | Mormon the Writer asked him if s0 and so of the same name were his orothers* stopping & | moment as tf to study @ puzzie the gentleman then spoke of several his brothers and sisters, remarking at vie close that these were ‘all he Was acquainted With, “But are there more of your family Whom you do not kaow?’ we tn- quired; Wuereupon the party proceeded to explain Liat wis father, one of the foremost of the priest~ hood, has Many Women and also & great number O! children; tut ander the polygamous aystem boys and gifs of the same pateruity grow up to | MauAvod without ever meeting each other. They | are, Chereiore, not even ordinary friends, but as MUCH strangers co one another As tuough born of this phase of the kingdom uot to be emanated; although it may afford a solution to Brigham | | | ¥ { Youtig's doctrine that @ man may rightfully marr: ( pd pupila per term, = and | re Own sister, a8 has been dowe ie Utah Bring. i of at least one-third of | ing children ‘op in ignorance of their consab- i at the opening of each | guimity might help to carry out the idea, | different races and in aifferent States. surely | | 15 THE SOUTHERN DEBT. Details of the London Scheme for Fund ing the Old Bonds, ITs LEGAL ASPEOT. RicHMonD, Va., Dec. 6, 1876. The statement I telegraphed to the HzRalp @ lew weeks ago to the effect that tne for- eign bondholders of the Southern States had pro- posed, through an accredited agent, to fund the entire debts of those States at a reduced rate of interest, within the capacity of each to pay, hae created 3 widespread tion, not only among the bondholders, but among officials, legislators and the people generally. The scheme Involves Over $150,000,000 of debt, and, while it 1s adinitted to be feasible, and will afford the Southern States an opportunity to revive their credit as well as ta pay their debts, the modus operandi is generally misunderstood, and, ‘as seen by the press com- ments, widely misconstrued. Legislation is to be had which will compel each State to comply Tigidly with the terms of the compact, and which will enforce a prompt collection and payment of the interest on the new bonds 4s It falls due, THE MACHINERY provided for the collecting of the tax to pay the interest and raising @ proper sinking fund for the new bonds isa provision that every year the An- ditor of the State shall levy a tax on the assessed property of the State and collect it through the proper officers, This tax is to be levied and collect. ed separately and distinctly from all other State taxes, and the money raised by it is to be kept apart and sacredly appropriated to the payment of the interest and the raising of a sinking fund. The law, which ts understood to have been pre- pared by Von Knapp, of Berlin, ana Judah P, Benjamin, of London, the highest foreign authori. ties on American law, also provides that in case the Auditor refases or neglects to levy and collect thia tax ag provided ana required by it, then any pondholder may apply to any Court, State or fed- eral, having general common law jurisdiction, tor an order requiring him to do so and authorizing the officers of sucn Court to enforce tne order. Thus and here it is where the MISAPPREHENSION EXISTS, There will be no sult against a State, but the Court operates directly on an officer of the State, as was done by the Supreme Court of the United States in the case of the Tennessee and Arkansas bank notes, where the treasurers of those State: were forced to receive certain bank notes tn pay: ment of taxes and debts due the States. Thte w has been careiully prepared to meet every qaificuity that might arise, provided tne Legisla- ture of each of the States agrees to ic, and suar- render their control of the State finances, It will be seen that the State will not be involved tn any on, but that it will be between thé bond- and the Auditor or Treasurer, as the case may be; and the law expressly states that this pies to enforce collection of this tax 1s @ contract tween the State and the bondholders. 1 hai given this much of the legal operation of the pro- posed plan, which can be safely taken as an abe stract of the law that each Legislature wall be ree quired to pass belore becoming a participator tn ita reaulis, whether they be beneficial or otherwise, re is ho doubt whatever, {rom alll can learn, that though the proposition has 80 lar been favor. ably received, it will be sroutly and stubborn: fought in some of the Southern Legislatures. far as can be ascertained with the limited intor. mation at hand, the scheme of the American Bond Funding and Bankiug Association, Limited. of London, is to revive the credit of the Southern States by funding their debts and placing them On the markets of the world o1 favorable basis, alike beneficial to the bondholder and the creditor, ITS ORIGIN AND HISTORY. The Council of Foreign Bondholders of the Lon- don Stock Exchange have for some years been struggling With.the diMficulties presented by the default in the payment of tne interest on the debts of the southern States of America, and thetr action culminated jast spring in resolutions denouncing Virginia for not complying with the terms ol her own Funding bill of i870. This at tracted the atrention of capitalists largely in- terested im Soutoera securities, aud they con- suited with @ lawyer formerly a resident of Chi- cago and now of London, whom the 7imes calls “coe ending. authority on American railway se- curities.”” This gentieman for tweuty-five years had been employed by wo ¢ English bondnoldera nforce their rights against ratiway: cities and counties of lowa, Illinois an Wisconsin. He had been the pioneer in all that litigation whereby the Supreme Court of ti United States nad been got to decide that munici- pal and other bonds, when issued by political cor- Porations, are binding upon the whole property ot the citizens and can ve collected turougn tl courts. The Supreme Court o/ lowa nad 4 ally held the same way, but the people made new constitution and elected a new Supreme Court which reversed the former decisions; and the ald of the Supreme Court of the United States Was therelore necessary to protect the rights of the bondnolders. In some of this litigation, where the courts would order the Mayor and City Coun- cil to levy @ tax and pay a debt and those aatnor- ittes would refuse to do 80, because they "0 Te strained by injunction trom the State Court, the Federal Court would put tne whole city govern. ment jail until they did levy the necessary ti In some cases the Court would direct its Marshal to levy and collect such tax ag was necessary to paythe debt. ‘This jine of de- cisions governs the policy to be pursued by the foreign vondbolders; and they turther decide that When doads are issued, and the law which aus thorizes the issue a:so provides a tax to pay the interest on them and a stuking fund to pay the rincipal when due—then such law is a contract Between the State and the bondholder, and CANNOT BE REPBALED OR MODIFED, but that the tax thus provided must be collected, and the proceeds applied to the use to which it is Pledged. Upon the principle of these decisions, which was sop to the Southern debts, it uaa beea arranged to float all tie depts of all these States on tne terms proposed. For this purpose this American Bond-iuoding and Bank. Ing Association has been organized with suMcient capital to accomplish its objects, ts capitalists are among the strongest firms in Europe inter. ested and dealing in American securities—the Rothschuds, Gilliatts and Barings, of London, besides some of the Must influential financial Orme ot Germany. They have had the taw above reierred to prepared, and they propose to 4 State that it she Will agree Lo Its provisions aud surrender to them the entire control of its debt, then this association binds itself to receive these Dew bonds and ta return to the State the old bonds in exchange ag soon as they can get possession of them. The proposed new bond is to be made payaole in London in gold coin so as to meet the legal tender decisions oi the supreme Court, and the rate of interest will vary in eacn State according to her aollity to pay. The syndicate controlling this association in London hold large quan- Uties of Southern securities. With their influence ‘ in financial circles they expect to place these new gold bonds un the market on the most advinta- geous terms, Tuey will be pertectiy secured, the interest will always be prompily paid in Lundon and they expect to seil them at 4 much higher rate than the preseot dishonored bonds can be made ‘o bring. A gold bond payable in Londonis considered worth more thau one-iita more than @ gold bund payable in New York, and, as a proot 0} the pig the ig, they Freier to the fact tuat befor State bunds payadie in London bea cent brought as much as bonds of the payavle in New York bearing six per then both bonds were payabie in goid, THE SOUTHERN DEBT. ‘The originators of thisscheme, in which so mach, legal ability is involved and which so great finane cial Influence is supporting, propose to handie the, following debts :— early education, while at the same time I desire to | ark. The agent of the assoc! that the Governor of Ai: his Legisiature the fund t terms at five per cent. So will the new Governor of South Carolina, The Governor of Missisa | Generai Ames, will urge the iunding of the oi jog udiated bonds issued for the Planters’ Bank, jcorgia, veing easlly able to pay what she owee bersell, deciines to make any terms at all. Go ernor Kemper, ol tos State, alter some delays, agreed to recommend to the Legisiature then about to assemble here the (unding of the debt of Virginia into FOUR PER ORNT STERLING BONDS, under the plan of the association. He on the bapaaree with great earnestness, and Mr. R. M. Tl. Hunter, the Treasurer, also presses it for Adoption. Kemper and Hunter comoimed can carry this doancia: measure through the Gen eral Assembiy, and they Are sanguine of suecese with it tn converting tne whole debt into four pel cent sterling bonds. Mr. McCulloch, late of Jay Cooke, Mocalloch & Co., of Loudoa, was here at the bondholders’ conference, He examined the pian ior junding these depts and was entirely satisfied with tte feasibility, He wil provably co-operate in Lone don and becume one of tne parties managing the enterprise. There has been a Feet mystery kept up about all this matter, and tt has beea diMouls to met at the facts; but the above statement wih be found to be correct, though provably 16 will Gstound geome persons here to see It in prin