The Sun. — London, England, 1869-08-09 00:00:00

A LUNATIC CHAINED TO A WALL FOR SIXTY YEARS. A shocking case of cruelty to, and detention of, a lunatic has just been brought to light in Leicestershire. It appears to have been known that a lunatic named John Bagley Wylde, a relative of the late Mr. Wylde, a magis trate, of Costock, near Nottingham, had for some years past been in the care of a small farmer named Henry Black, who occupied a farm at Sheepshed, near Lough borough, Leicestershire ; but the circumstance and other facts connected with his incarceration were not brought to the knowledge of the chief constable until a few days ago. The latter communicated with the Commissioners in Lunacy, and a commissioner, Dr. Buck, of the Leicester and Rutland &Jaunty Lunatic Asylum, Mr. E. Warner, J.P., and Superintendent Hague paid a visit to Mr. Black's farm-house at Sheepshed. On entering the living room a sad scene presented itself. Seated on, and chained to, a chair icy his wrists was a poor idiotic man, 74 years of age. Ifis legs were also secured by manacles, and the chair was in turn chained to the wall. This posi• Von he occupied all day, even when partaking of his meals. Visiting his bedroom, the gentlemen found that at night he was subjected to similar cruclty. There were leg-irons at the foot of the bed, and it seemed that at night irons also encircled his legs and wrists. The wretched man, however, is said to have been treated kindly in other respects, and his well-nourished, healthy, and perfectly clean form shewed that he had been well attended to. In answer to inquiries, Black stated that the roan had bee insane since he was 14 years of age ; that he had been in his custody, as found, for the past thirty years, and that for thirty years previously he had been in charge of another custodian and chained in the way described. Black also stated that he received £1 a week for the main tenance of his charge. From the appearance of Wylde it seemed as if his conSnement, with all its dreadful accom paniments, for so long a period had lost its terrors for him ; for when released from his chains he exhibited no signs of joy whatever. Information was at once laid against Black for not having taken proper care of Wylde, and the same day he appeared before Mr. Warner and Mr. Johnson, two magistrates of the Lough borough bench, to answer to it. The result was that Wylde was at once removed to the Leicester and Rutland Asylum at Leicester, where he is to remain for the pre sent in the charge of Dr. Buck. As to Black, no further proceedings have as yet been taken against him, but a full inquiry is expected to take place. LAW AND POLICE. AN ACTION FOR LIBEL AGAINST Mn. GRANT.—Mr. James Grant, the editor of the Morning Advertiser, and the author of the "Religious Tendencies of the Times," was the defendant in an action heard on Saturday before the Lord Chief Baron, at the Croydon Assizes, in which Miss Faithfull, the editor of the Victoria Magazine, was plaintiff. Miss Faithfull sought to recover damages from Mr. Grant on account of a libel uttered in "The Reli gious Tendencies of the Times." Mr. Grant therein charged her with being the leader of a Secularist soc]ety, and further hinted. that Miss Faithfull was an Atheist. The passage in which the action was based was quoted from the Landon Review. At the time of its first publication, Miss Faithful wrote to the Review, denying its truth, and also to the Rock—in which it was copied—contradicting the various statements to which it gave rise. It appeared, however, that Miss Faithfull's name had been appended to a circular—without her consent—amongst those of Mrs. Bradlaugh, Mrs. Holyoake, and others of the same "'advanced" religious opinions, and in this circulir—from which Miss Faithfull's name was withdrawn as soon as she saw it— the original statement was based. Mr. Grant does not seem to have seen the denial, or heard of the withdrawal, and so he unwittingly gave currency to wit was untrue. As soon as his attention was called to the passage by Miss Faithfull's solicitors, he offered to recall as many of the works from the booksellers as had not yet been disposed of, promised to expunge the passage in all future issues, and to insert a contradiction. With this, however, Miss Faith full was not altogether satisfied. Hence this action. The learned counsel who put her case before the court and jury said that "So far from Miss Faithfull entertaining atheistical opinions she was the daughter of a clergyman of the Church of England ; she had been always brought up in the doctrines of that Chttrch, and had no intimacy or connection whatever with Mr. and Mrs. Bradlaugh, and held such opinions as thou that were imputed to her in the utmost abhorrence." After this statement a settlement of the case by consulta tion was suggested. Mr. Grant thereupon withdrew all imputations, and a verdict of 40s. was, by consent, taken for the plaintiff. ATROCIOUS ATTBMPT TO POISON A WIFE.-4t the Wells Assizes, before Mr. Justice Keating, a black smith, named Charles Smith, has been convicted and sentenced to 2.0 years' penal servitude for two determined attempts to poison his wife. On one occasion he prc• cured her teacup, and paced some arsenic in it, which she observed, and refused to diink the tea it contained. Subsequently to doing this he on another occasion caused her to leave the kitchen while something was stewing on the £re, and in her absence again attempted to cause her to take poison by placing it in the pot. His wife, however, had heard hint lift the lid of the kettle, and suspecting him of another attempt refused to take the Lreth, and taxed him with attempt ing to poison Ler, which he denied. The analysis of the powder skewed the presence of arsenic. The evidence being conclusive the jury returned a verdict of guilty. A BETTING CABE.—A betting case has been tried at the Leeds Assizes. A Mr. Singleton, a betting agent, sued Mr. Brown, also a betting agent (the former of Manches ter, the latter of Barnsley) for £ll2 which plaintiff deposited with defendant. The defendant admitted receiving the money, but set up a right to keep it. Plaintiff, he said, telegraphed to him to take the odds against Knight of the Garter for the last Chester Cup, giving 12 to las a limit. One Field, who lived with the defendant, took several bets according to his orders, and telegraphed to the plaintiff that he had done so. He, however, " pinched" each of the bets, in tending, as he stated, to keep the difference for himself. "Pinching" may be shortly explained. A tells B, "I have got you eight to one against a certain horse," the fact being that he has got ten to one, if the horse wins, A gets £lO and hands over only ES toB. Beyond this " pinching," how liver, in any case thereis a charge for commission. Knight of the Garter won, and the money was duly paid by the losers to the defendant, and the plaintiff applied for his money. The defendant then stated that, according to the Barnsley rules, all money ought to be posted before the race came off, and that he had told Field to write to the plaintiff to say that unless he posted his money he (the defendant) would take the bets on his own account. Field wrote to the plaintiff, but, it appeared, never posted the letter. The defendant objected that the plaintiff could not recover, as this was a gaming transaction under the Gaming Acts. His lordship said he must take the opinion of the jury on the question whether the money had been received by the defendant as the agent of the plaintiff, and if they thought so he could zecover. The jury found a verdict for the plaintiff for the amount claimed. In debating the question lately of rebuilding the organ in a little country church, the following strong arguments were urged against it :—"Lor,she's what I call first-rate, and were quite good enough for me when she were turned by a handle." This was by one of the church wardens ! The next was by an " ALA." " The organ appears to me to go well enough ; I can remember when you used to have to stop in the service while it fetched its wind !" A lively lot to have to settle the music of our beautiful service.—Musical Standard. A STORY OF THE CZAR NICHOLAS.—A Russian Prince has written a biography of our late enemy, the Czar Nicholas, in which he relates a curious and touching anecdote. The Emperor ordered a review, and, in spite of the entreaties of his doctor, insisted on riding forth in the cold. Even when he was in the courtyard of his Palace, Dr. Maudt renewed his supplications, begged his Majesty at least to throw a cloak over him. The Czar remained deaf to every warning: "Sire, you are ill ;it will be your death ;" and at last "Sire, it is suicide you are about to commit." At this expostulation Nicholas turned sharply, and asked his physician by what authority he ventured to scrutinise his thoughts. He held his review, got a chill, and expired after a short illness. AN ENGLISH A(7 THOR IN AMERICA. —Mr, Charles Reade writes to the publishers and the public at large a letter in these words, which have been lithographed for the Galaxy, and figure as a full.page illustration of the August number of that magazine : " The publishers of the Galaxy pay me a liberal price for ' Put Yourself in His Place.' if I were a mechanical invent.or instead of a literary inventor, this payment would secure them the sole legal right. In lbe present iniquitous, partial, Larbaroul and brainless state of law it only secures than a cleat moral right. Eut I Lope all respectable publishers ev ii respect that moral right, will put themselves in their place, and will forl , car to reap where they have not sown." Then in the latter part of the magazine we have an equally characteristic " card," in which Mr. Reade delivers himself as follows :—" In reply to recent applica tions for his autograph, Mr. Charles Reade begs to say that this number of the Galaxy contains a fac-simile of his writing, such as it is, and his sentiments into the bar gain. This being printed and on sale for one shilling, Mr. Reade will never again pen an autograph for any lady or gentleman with whom he has not the honour to ha acquainted. So that point is settled,—New Yort Nation. MISC. NEWS. THE HEALTH OF THE PREMIER. There are again most unfavourable accounts of the health of Mr. Gladstone. The London correspon dent of the Manchester Guardian says he is "very unwell. His anxiety regarding the Bishops' Super annuation Bill induced him to attend in his place in the House of Commons on Friday; and once there he remained till nearly eight o'clock, in order that he might state the views of the Government on the Rupert's Land Guarantee, the policy of which was questioned by certain members on his own side. But the effort was too much for his unrecrnited strength, and he quitted the House im mediately after speaking on the latter question to return home. It is certain that nothing but con tinuous rest, both physical and mental, will effectually restore him to health ; and his friends are solicitous that he should allow the remaining business of the session to be wound up by his colleagues, as it may very well be done without personal interposition any further." A NEW PEER. According to the London correspondent of the Leeds Mercury, it is now definitely settled that Mr. Chichcst , r Fortescne will be raised to the peerage during the recess, and that he will immediately succeed Earl Spencer in the Lord-Lieutenancy of Ireland. The reason given for this change is that the Countess is extremely anxious to lay clown the duties imposed upon her by her husband's present position. On the other hand, it is stated that Countess Frances Waldegrave, whose enter tainments were so splendid when her husband last held the post of Chief Secretary for Ireland, declined to go to Ireland again as the Chief Secretary's wife. She will, of course, have no objection to taking her place at the head of the Viceregal Court; and there is no reason to fear that the renewed splendours of that Court will suffer any diminution during her husband's term of office. ELECTION NEWS. The approaching contest for the county of Antrim is justly regarded as of exceptional importance. It is th a first appeal to an Irish constituency since the passing of the Irish Church Act. Hence politicians of both countries are interested in learning how the current of popular feeling will turn in this important northern county. The contest being now confined to a candidate of each party, the fight will be a fair trial of strength. The Times correspondent remarks that though a little while ago a Liberal would have had no chance, a steady spirit of independence has been growing up. The mass of the voters are no longer willing to sub mit to the arrogant dictation or more intolerable indifference of a few influential personages, who assume the right to dispose of the re presentation as they think proper, without even going through the formality of consulting the electors. In former years this was the usual course, and few had the courage to complain; but with the extension of democratic power there is an increasing reluctance to be ignored in the selection of candidates, and to be required to accept, with professions of thankfulness, the nominee of some powerful landed proprietor or his more powerful agent. Mr. Traill, the London Scotsman announces, will not yet resign his seat for Caithness. This old and tried member was anxious to retire at the last elec tion, but consented to be put in nomination on the understanding that he would only occcupy his seat temporarily. He has, however, been persuaded to retain his place over the recess; and he may repre sent the extreme north of Britain during another session. TILE EFFECTS OF RELIGIOUS EQUALITY_ The Spectator already discovers numerous traces of the good effects resulting from the removal of Protestant ascendancy. The quiet generally observed on the 12th of July is one sign. "We are told on very good authority that the Govern ment were amazed at the way July 12th passed off and the new spirit which seems to have come over the people." Then the Board of Trinity College have signified—aS Dr. Ball's speech plainly indi cated—that they are willing to admit Catholics to the government of their institution. The offer to be useful should be accompanied by half a dozen resignations, but still it is graciously intended, and is another good sign. Better still, the Catholic bishops everywhere exhort their flocks to consider Protes tants their brothers ; and the Oranzemen, instead of deposing the Queen, are setting diligently to work to make the laity supreme in the Free Church THE GOVERNMENT AND TEE IRISH CATHOLICS. The Roman Catholic priesthood in Ireland are testifying their gratitude to the Ministry in various ways. Not only have the prayers of at least one congregation been asked for the recovery of Mr. Gladstone, but it was proposed in several quarters by Roman Catholics to get up a demonstration " of all sects and denominations" to greet Earl Spencer, the Lord-Lieutenant, on his arrival at Dublin. This enterprise, however, was not carried out. The Lord- Lieutenant arrived at Kings' own on Friday morning, and was received by Lord Fitzwilliam and other gentlemen, but there was nothing in the shape of demonstration. TIIE onA-scrwric. The worthy descend:ill's of the defenders of Lon domleri y mean to celehmt: tigEnt 12, the anniver slry of the relief of that famous place ; but their celebration sill be pnrtly shorn of its usual splendour. The city is still proclaimed, so that there can be no tiring of cannon. This omission seems serious in the case of a siege celebration. But in all other respects the programme of previous years—the bell-ringing, music-playing, and procession-marching—will be kept u;-. Whether there will be any interference or nt to be seen.. THE APPOINTMENT OF ItEVISIN3 Colonel French has given notice Li it to-night he will ask Mr. Bruce whither there is any founda tion for the statement which has appeared in several papers as to the appointment of revising barristers by the Lord Chief Baron. The Morning Star was the first journal to publish this alleged act of nepotism, whereby able b.lrristers, after filling the post for several months without complaint, had been put aside, sons and relatives of judges being declared to have the preference for these offices, MARRIAGE LAW OF THE UNITED KINGDOM. The gist of Sir Roundell Palmer's complaint touching the marriage laws of England, coS' land, and Ireland may be briefly summed up. The forms of solemnising matrimony in the three divisions of the realm are very numerous, very conflicting, and vary from the extreme of complexity to the more baneful, because more dangerous, extreme of simplicity. Iu England there arc various modes of getting married, from the church formality to the simple ceremonial before the registrar. In Scotland the rites differ very niuch, and people there can be united for life by a simple promise, however secret, provided it be in writing, followed by cohabitation. In Ireland the ceremonial is in some respects different from that practised in either Scotland or England, and the number of diffe rent rites for different bodies is not fewer than five. It frequently happens that a marriage contracted in one part of the realm is pronounced invalid in another part. To remedy these anomalies the very able Marriage Commission which recently made its report recommended a uniform system for all the provinces of the kingdom and for all denominations, on the general principle that the rite should be sim ple, but not so simple as to leave the door open to fraud, as in Scotland, and that due publicity should be secured. For this purpose it is propcsed that the basis of marriage throughout the kingdom should be a simple declaration, duly authenticated before a civil officer. But no denominational forms will be interfered with, and therefore every reli gious minister will be declared a civil officer, and will be enabled to solemnize marriages of ter his own rite, provided that the regulations in the matter of witnesses, &c., be complied with. Thus people may be united by the simplest formality, or by the most complex religious observances. Sir Roundell Palmer, on Friday, urged the Government to bring in a law to amend this state of things, but Mr. Bruce was unable to promise anything for next session. LANDLORD TYRR ANY. A correspondent of the Star, alluding to the con troversy respecting the charge; of intimidation made by Mr. Richard against Welsh landlords, points out that the Welsh intimidator is no rare avis, but a specimen of his class very common in England. The English tenant farmer is simply a tenant at will, and is compelled b vote according to the expressed or implied wish of his landlord. Neither Whig nor Tory forms an exception to the rule. The writer says : In discussing the question a short time since with the late Ch ance ll or o f th e E xc h e quer (of whom it i s but justice to say as a landlord he - is much esteemed by his tenants), when travelling with him from town, I pointed his attention to the fact, and reminded him of the differ ence between the Scotch and English landlords in respect to their tenantry, where in the former case the granting of leases is the rule, in the latter case it is the exception. ITe did not dispute the fact ; but, in reply, stated that he had never been asked for a lease by either of his tenants. 'll reason why I must leave your readers to draw their own inference. FORTIFICAT:ONS. Of all the vexatious at!eudant upon that dismal fortification scheme the most grievous is the con tinual growth of the Estim rtes. The calmiation for the SpithPad defences h.ls aavancel from the origin d £1,100,000 to £1,440,332 ; the Hurst Castle estimatefrom £lOB,OOO to £260,271; the Isle o f Wi g h t coast defences from £130,000 to £203,043 ; Portsdown Hill works and Fort Fareham from £770,000 to £921,2.0; and Hilsea Lines from £120,000 to £209,254. It is impossible to tell when these Ports mouth works will be completed, or even whether these enormous augmentations of cost are a final estimate. The officials assure the miserable taxpayer that the 4 aer e am i tisa dit a ble o_the zeal of th9se Jo whom it THE SUN, LONDON, MONDAY EVENING, AUGUST 9, 1869. Is due; but ttie non-official mind will probably con clude that this sort of zeal is matter in the wrong place. THE ACCESSIBILITY OF AMMUNITION TO SOLDIERS, It is noteworthy that the Army and Navy Gazette advises that some system should be introduced into the army whereby ball cartridges will not be so acces sible to the soldier as they are at present. The recent murders and suicides in the army have alarmed both the Army and Navy and the United Service Gazettes. The latter thinks the system of training to which a soldier is subjected to be chargeable with a great deal of the violent crimes which take place. If the most docile man in the world be put into a corner, provided with a knife, and then subjected to indignities, he will use his knife, says our contempo rary, at last to free himself. It is not so much the knife, therefore, of which complaint should be made as the system. But the Army and Navy puts down the sullenness of brutish natures as the original cause of these crimes, and thinks the most that can be done is to remove the means of revenge. It is not sure that even this will lessen the amount of crime ; there can be no difficulty, however, in pacing ball cartridge under lock and key. SECR,E7ARY BOU7WELL'S MONTHLY STATEMENT. - REUTER has thus far improved the cable despatch, giving the monthly statement of the United States Debt that they now tell the amount of coin belong ing to the Government, the amount deposited in Treasury for which certificates have been issued, and the currency at the Secretary's disposal. The total debt on the Ist instant was $2,481,560,000, being a decrease of $7,430,000. The coin in the Treasury belonging to Government on that date was $66,500,000 ; on the Ist July the amount was $79,713,672, the decrease being not far from thir teen millions and a quarter. The amount of gold held on certificates was on the Ist of August, $36,750,000 ; on the Ist July, $30,489,640, show ing an increase of over six millions and a quarter. The operations of the Secretary can be plainly traced in this result, the sale of the Government gold lessening the sum held in the Treasury belonging to the Government, while increasing that held in the Treasury belonging to others. We would suggest to Mr. I{EurErt, that his agent in Washington should be instructed to send also a statement of the Sinking Fund. lied this been done another result could have been traced, as we might learn, at least to some extent, what the Secretary had done during the past month with his surplus greenbacks. The currency on the Ist August amounted to $23,250,000, while on the let July the sum was $37,097,818, showing a decrease of not far from $14,000,000. The Sink ing Fund on the Ist July was $8,867,282, and the present return when we get it will show an enor mous increase, the Secretary during the month hav ing largely bought U. S. Securities, opening with the purchase of $3,000,000 of bonds, and keeping this up weekly ; all going to the credit of the Sinking Fund. Purchases, however, have now been reduced to $1,000,000 under the Sinking Fund Act, to be continued on alternate weeks during the current month ; but $2,000,000 a week of bonds are to be bought by the Treasury during August, to be held subject to the action of Congress. ALEXANDER DELMAR, the late director of the Bureau of Statistics, has published a long letter addressed to the Hon. GEORGE S. BOUTWELL, commenting on his report issued on July 1. He begins by noticing the extra ordinary fact that it should have been issued at all, as it is the first since 1865. The only excuse Mr. DELMAR has heard for passing July without pub lishing the June account was, that it would de - prive the Secretary's annual report on the finances, when laid before Congress in December, of some of its interest That he gives as the ostensible, but the more probable reason he held to be the ma terial advantage of exclusive information to the Treasury ring ; and Mr. DELMAR compliments the Secretary on having broken through such a vicious habit. This letter is the second he has addressed to Mr. BouTWELL, and he has followed it with a third, which has only just reached us. In the former he summed up the provisions of the Constitution and the laws regarding the publi cation of the affairs of the Treasury. He goes on then to comment on the practice of the Secretaries, and he censures the system of interlard ing the statement with remarks and comparisons not called for by the law, and calculated to mislead the people. The July statement contained a sum mary of the amount of public debt, less cash and sinking fund in the Treasury, which is neither re quired by law nor warranted by truth. The Go vernment debts not included in the statement would, Mr. DELmArt asserts, outbalance the cash in the Treasury now always used to reduce the total, nor does he believe it all belongs to the Government, a portion, small it is true, being trust funds. He then remarks that it does not transpire whether the sink ing fund had not been included in the body of the statement as well as in the amount in the Treasury; if it was so included it would deserve a harsh name; if not, still it had no more right to be counted as cash than the Treasury building. Successive Secretaries ap pear to him to have been under the delusion that this monthly statement called for by law ought to be a balance-sheet of the national finances, showing on one side the liabilities, on the other the assets; all the cash in the Treastiry being included, no matter to whom it belongs. From the debt is omitted $58,638,320 bonds, issued to the various Pacific railroads, though as much a debt as any of the other bonds. Finally, Mr. DELmAa complains of the com parisons, so instituted with previous months and years as to calls) an erroneous impression on the mind of the public, and then he informs Mr. BOUT WELL that if the debt bid decreased, whit's it has not, there would be no credit due to him, as he had been in office but four months, hence any bene ficial change must have been effected by the policy of hii predecessor. Mr. BOUTIVELL is then lectured after this fashion : "It is in the accomplishment of a great object, and not iu the sanction of specious tables of debt, that you are ex pected to employ the powers of the high office to which you have been called, and it is my heartfelt wish that you may succeed. But to do this the Treasury practices of the past six years must be rigorously put aside. The little tricks of the Treasury ring must bo frowned upon and abolished, and with them, in time, for it is as yet too powerful, the Treasury ring itself—if that be possible." Mr. DuLmAttin a note alludes to the carelessness of the officers of the Treasury in the matter of figures, the debt of July 1, 1868, being variously stated in the same report. We confess that in the numerous changes it is difficult to follow the Secretary in his comparisons, and it is no easy matter to understand the comments of the newspapers on the monthly statement, as they vary according to the point of view from which the writer sees them, and the item Which mainly attracts his eyes, while none of them are as yet familiar to the public. This is illus trated by the statements forwarded through the Cable to Renter's office and to Printing-house squate, the figures almost invariably differing. Let any one add $7,430,000, supposed to be the decrease during the month of July, to the total of the debt, all the figures being given by the correspondent of the Times, and he ought to arrive, though he does not, at what the debt was on the Ist July. If the Trea sury officers are careless, if editors are not " smart" at addition and aubatraction, and if compositors throw in the wrong numerals, by the time the state ment reaches Europe from Washington the figures will generally undergo a change. Buta lecture on sta tistical errors from Mr. DELMAR is 1 ke the pot up braiding the kettle for being black. If ALEX. DELMAR has a statistical reputation, it is for turn ing things top sy-turvey, and he can scarcely touch 'a figure without making a blunder. Take, for in stance, his own letter, wherein he commences by stating that the July return has invariably been passed over since 1865. These are his words "It is the first one of its kind that has been issued, se far as lam aware, since 1.865. The July monthly state ment of the debt has invariably been passed over by the Secretary." Even in these few words there is a contradiction. The former portion implying a doubt, and the second positively asserting a fact, yet both refer to precisely the same point. Proceeding to comment on the assertion that this was the first July state ment made since 1865, he contrasts Mr. BOUT WELL'S action therein _ _ _ " With the general policy of the Department during the last six years. Within the whole of that period, as vari us publications testify, I have maintained a close and con stant scrutiny of its operations, and this trifling resump tion of correct practice is literally the first one of them that I have been permitted to applaud." Any one but Mr. DELMAR would have known that, frcm July 1, 1865, to July 9, 1869, when he wrote, the period was not six years ; but Mr. DELMAR, having been at the head of the Bureau of Statistics may be above censure for an error for which child- ren at school are whipped• The only other item connected with the finances received during the week has reference to what the Washington cor- respondents of the New York papers assert. The Herald, 7 imes, Tribune, World, and others, say that "Some influential members of Congress have announced .hemdelves in favour of the taxation of the Bonds held in Europe. They, it is asserted, propose that the tax should be collected on the presentation of the coupons, so as to bring foreign bondholders under the operation of the income tax. A Bill for this purpose has been pre pared, and will bo presented immediately Congress re- assembles." Next day the Bonds were heavy on the London Stock Exchange, falling t h and the old influence seems to be again at work to check the upward tendency. Everybody knows who has purchased these securi ties, or ought to kn ow th a t there are influential mem bers of Con /RMO not only intend to advocate that policy, but who have already introduced and strongly supported such measures. The question has been argued again and again, and is likely to continue to be argued, and we can only understand such a message being paid for and published by a clique of "bears." If we set to work to enumerate all the resolutions, good and bad, likely to be intro duced after Congress meets, we would make out the list, and devote the whole of this issue to the sub ject; but we fear it would prove neither amusing nor instructive to our readers. Our'advice to the holders of United States Bonds is—lf you cannot trust your own judgment to anticipate what the action of a common-sense people on such a point will be, go to a man whose common sense you can trust, and who knows something of the citizens of the Republic as a nation, and ask him what course they are likely to take. lie knows as much as any correspondent, and his opinion is quite as good ; then keep to that opinion, no matter what the talk is either in Congress or in the newspapers. If the holder is inclined to put us down as among the people of common sense who know something of the national tone of the United States, we thus answer his question—The Republic as a nation will do nothing manifestly injurious to its interests, al ' though it may have hundreds of politicians ready to sacrifice that interest to forward their own pur poses. If taxing the bonds of the foreign holders be a breach of contract it will injure the National Credit, wherein the gain, being small as compared with the loss, it would be a bad bargain, and JONATHAN as a rule does not make bad bargains ; if otherwise unjust to the foreign bondholders, the injustice will appear in the general discussion, and the holder may rely on the fact that the nation will not do anything the majority are persuaded is dis honest. The question then for the bolder to de cide is whether in equity the United States would be justified in taxing these coupons or not ; and as a man of plain common sense answers that question, so will the people of the United States answer and act, nationally. Granting the Government right in equity to levy on each coupon presented for payment the regular income-tax paid in the country, Congress may pass the law, by which means the foreign bondholders will be brought within the tax. But the expediency of this course has then to be considered. The effect would be to lessen the value of the bonds abroad, not only to the extent of the tax, but to the measure of the insecurity at which European nations might appraise probabili ties in the future. The bonds must fall in the foreign exchanges to the extent of the tax, and if they remain unmoved at home where the tax is now levied, and no direct effect by it be produced, they would begin to flow to America until the disturbed equilibrium had readjusted itself. If the Govern ment designed to float a new loan, at a reduced rate of interest in European markets, the effect would be injurious to a greater extent than would be the gain from the tax ; but if the Government does not pur pose to effect such an object, trusting to the money market of the United States, should it de sire in the future to get better terms than the pre sent, then, if equity allows, Congress will probably pass a measure likely to be popular. The masses desire to see the " bloated bondholders" taxed, and not content with the knowledge that the tax is included in the levy from income they wish to see the money deducted at the Treasury from the coupons, when there can be no mistake about it. The leaning of the mass will have its weight, but it will not outweigh equity and expediency. No law will be passed which separates the interest on Bonds from other property for the purpose of taxation, for that would be confiscation, the pro posed measure merely being to levy the income-tax now in force in the country on the coupon, when presented for payment at the Treasury. MONEY AND BUSINESS. (From the Springfield Republican, July 17.) Time has been when the advent of dog-days so reduced the transactions of the money and stock market that a report could be almost dispensed with, or at least made up of a general criticism of the weather. But the appli ances of modern (regarding as ancient everything that ante-dates us three years) business aro so perfect that, though the bulls and bears frisk about in their native pas tures and forests for a brief vacation, by means of the bulegraph they still continue their financial operations in Wall street. In thes9 warm days business loses some what, but not so much as formerly, of its acceleration. The present facility in the working of the machinery of commerce is well illustrated by the new species of paper called a " cable transfer," by which a Now York broker who owes a debt in London cr.n pay it within four hours, by ordering the equivalent of the sum which he deposits in New York to be delivered to his London creditor by his trans-Atlantic agent. It is the postal order system made universal. By such devices as these is the money market kept in work, even when everybody is apparently lying idle. For the past week money has been easy with out exception at six per cent. on Government collaterals, and seven for other good security. The continued pur chase of bonds by Secretary Boutwell is doubtless the main cause of the let up from the stringency of the past few weeks. The indictment of brokers for complicity in the recent outrageous look-up of funds has also had a good eff ct Several have been brought t o t r i a l, and have all, or nearly all, pleaded guilty. This is as far as the matter has gone thus far. The panic among the usurers at this sudden baring of the arm of the law seems to bo profound. The Independent pro fesses to know of one instance in which the extor tioner sent back to his customers all the extra in terest that he had compelled them to pay—too late, how ever, to save his head, for his indictment papers had already been made out. Another incident of the raid is the capture of one of the directors of the Milwaukee and St. Paul Railroad. His fellow-directors look at the mat ter in a purely business aspect, and do not afford him a single crumb of sympathy. It is thought that the enforce ment of this law will result in a combination among the influential lenders of money to throw out the higher -priced and moro mercurial railway stocks as security for loans. Such a movement would diminish somewhat the risk which is always au element in the rate of interest, but at last accounts no such conspiracy had been formed. The penalty in New York for charging over seven per cent., whether the crime be proved by the admission of the defen dant or by other evidence, by the law of 1837, is a fine of not over $l,OOO or imprisonment for not more than six months, or both. The rates for three months' mercantile paper, with two or three reliable signers, vary at New York from nine to twelve per cant., and at Boston, where usury is unknown to the statutes, from seven and a half to nine at the banks, and from one to two per cent. per month with private capitalists. Another cause for confi dence in the continued ease of the money market is the New York City Bank statement for the week ending July 17, which shows a gain in legal tenders of $3,156,978, in specie of $788,538, and in deposits of $5,234,462. The loans have increased $5,234,462, and the circulation has decreased $99,508. The net reserve has been increased by the addition of over $3,000,000, and now amounts to $24,762,622 in excess of the 25 per cent. required by law. Governments continue to rule strong and steady, the transactions for the most part of the week being large, and the premium advancing. The Secretary bought $4,000,000 of Five-Twenties last week, $3,000,000 this week, and will again invest to the extent of the for mer sum next week, the plan being to buy $3,000,000 every week, at least through July, and $1,000,000 regu larly every fortnight. The offers usually amount to three times the sum desired, which is a good evidence of the un-M'Culloehian publicity of the transaction, and the price paid on Wednesday ranged from 119 85 to 120 40. Some (short-sighted individual inquires what right the Secretary has to spend so much of the public money in premiums, and whether or not the premium is a part of the debt. Several clauses of unrepealed laws authorize this manipulation of the public funds by the Treasurer, and the practice of buying up the debt at a premium is well established by precedent as well as by sound economy. As to the second part of the query, the premium is really the most profitable part, literally the redeeming feature of the debt. This inclination among holders of Five Twen ties to exchange those securities for Ten-Forties and Cur rency Sixes has been still further exemplified the past week, and had a tendency to bring nearer together the prices of the two classes of bonds. It is true the increase in the premium of Five-Twenties has been nearly double that of the rise in Ton-Forties, so that apparently the quotations are further apart. But even with this differ enze the long-time bonds have kept up closer to the others than they have been wont to do in similar seasons of fluctuation. Within two weeks hive-Twenties of 1862 and 1864 have risen four and a half and four per cent., Ten-Forties two and a half, and Currency Sixes two per cent. Tho market abroad scents to be less active than at home, though American securities touched 88 in Lon don on Tuesday. Southern State Securities, which seem to be the only State bond that suffer the igno miny of continual fluctuation and quotation, are as dull as ever. Those hol or them who are in want of money, or do not share the sanguine hopes, of a " regene rated South," are just uneasy enough to keep the market depressed. The tendency of gold has been down all the week, declining about one and a half per cent., the index now hovering over the small fractions that lie between 135 and 135 i. This depression, it is feared, is not per fectly healthy, and many apprehensions are felt of a rise consequent on increased shipments to foreign ports, Many THE ARMY AND NAVY. Our army in India is stated to be very bad in health. It is reported that the staff corps system has proved an utter faihre.—Captain George Lc Geyt Bowyear (1850) has been appointed senior naval officer at Bermuda, vice Wainwright, pro moted to the rank of rear-admiral. Captain Bow year is fifty-two years of age, but as he is more than fifty from the top of the list of captains, he will, according to the present rate of promotion, have attained the prescribed age of sixty before he can hope to attain flag rank. THE GENERAL OFFICE OF THE PRESS. There has been a general complaint against the Press of late. The publishers' organs have protested against newspapers being literary reviewers ; the art journals have scpffed at their art criticisms ; musical papers have deprecated the musical criticisms; and military representatives have been commenting on the incapacity of the journalist to deal with the army. The Service papers have week by week been condemning the " injudi cious meddling " of the dailies in matters with which only professionals ought to deal. The Army and icavy Gazette this week has its first article devoted to the subject. It sneers at " the copper press " taking the place of the Commander-in-Chief, denounces the ignorance of smart writers, and de clares that the articles which have lately appeared will rather retard than advance the contemplated reforms in the army which the newspapers have advocated. ATLANTIC CABLE-RATES. The good effects of competition in reducing the high rates for messages by Atlantic Cable are already apparent. The announcement that the French Cable will open on the 15th has led to a further reduction in the terms of the English companies. At a meet ing of the joint committee of the Anglo-American and Atlantic Telegraph Companies, held on Friday, it was agreed, with the consent of the Newfo un dl an d Company, to reduce the tariff by their cables to £1 10s. for a message of ten words or less, and three shillings a word for every word beyond, between any station in the United Kingdom or Ireland and New York. Press telegrams will go at half these rates. NATIONAL ANTIQUITY MUSEUM.. The Irish archaeologists are most anxious that Ireland should have a Museum of National Antiquities. The Historical and Archaeological Association has addressed Mr. Layard on the sub ject. What Mr. Layard has particularly to do with Irish antiquities is not very clear, except that he is about the most likely member of the Government to consider any such proposal as this. Mr. Layard, however, replies courteously to the memorial, regret ting his want of power, but thoroughly approving the suggestion made to him. " I am entirely of opinion (he writes) that historical remains of interest and importance should be care fully preserved. They form a part of the nation's history, and should be national property. If at any time hereafter it should be in my power to take any steps towards their preservation in Ireland, I will do my best to have them placed under proper care, and I should be most happy to avail myself of assistance and advice." TILE ART OP FLYING. Mr. Martin Farquhar Tupper is not satisfied with his poetic flights of fancy. He wants to take literal journeys into cloudland. The balloon for such a trip would not satisfy him ; the air would be his master if he rose " like a bubble ;" while he wants to be monarch of the air. What he needs is muscle. The wings are easy enough to make, but Mr. Tupper cannot work them. lie does not think, however, that machinery for working them is an impossible con trivance, and he sends to a contemporary a suggestion to be worked out by some clever mechanist. We know (he says) that a little wheel, shrewdly cogged, will work a bigger one, and this a bigger still, and so on, until a child's finger, by multiplication of power, may work a mill. Why not, ho asks, apply Viis principle to the force of a waving arm, which, by help of wheels and springs contained in a breast plate, might work the flappers almost automaton fashion, and at slight effort to the man might ket.p him energetically Eying ? \lr. upper is not an engineer, or he would know that increased power can only be obtained by diminished speed. His wings would be very slow. YACHTING. The racing at the annual regatta of the premier British yacht club —the Royal Yacht Squadron—con cluded as brilliantly as it began. The Town Cup, given by the inhabitants of Cowes, was won by the Arrow, 04 tons, beating the Aline, 215 tons, which came in second, the Oimara, 162, and the famous Cambria, 108 tons, which managed to secure only the fifth place. On Friday the Squadron prizes were contended for by six of the most successful English yachts, the Aline arriving first and the Cambria second.. 41 THE TWELFTH." The grouse-shooters take such good care of them selves, as an unhappy public waiting for reforms from grouse-shooting legislators need not be informed, that it seems superfluous to' publish bulletins of the state of the moors. As the 12th of August is so near, however, it may be as well to observe that the prospects of sport are excellent. The coveys are tolerably pl en tif u l, con t a i n i ng an average and sometimes more. Perthshire, Sutherlancishire, Westmoreland, and North Yorkshire promise exceedingly well ; the remaining Scotch districts are in very fair condition. The disease which has played such havoc during the last two seasons has greatly diminished. THE CARLISTS IN SPAIN. The agents of Don Carlos, as well as their press organs, emphati .ally deny the reports that the Carlist movement is crushed, and state that, by the latest advices from Valdepenas, Manzanares, and Ciudad Beal, there were in those places 1,500 infantry and 400 cavalry, while the movement still continues in the Castiles. According to these accounts, which, of course, cannot be regarded as impartial, the Spanish Artillery force is almost made up of Carlists, so that it is comparatively useless to the authorities in the repression of the movement. Other accounts report that the Carlist movement in La Mancha has gained in importance, and the sevezity shewn by the authorities towards the Carlist prisoners gives rise to the belief that they are really apprehensive. A letter from Madrid declares, however, that the Carlist campaign was ended before it had begun, and that the faction of La Mancha cannot withstand the forces that pursue it so. The Madrid Gazette announces that the bands are broken up, and the men are dispersing in all directions. Some of the chisfs, Orepitu among them, have concealed themselves, after proclaiming the dissolu tion of thelibancTs. The detachment at Leon is dissolved by the order of Juan Jose Fernandez, whom his soldiers wished to kill. Of this party only two small bands remain, which are pursued by the troops. EGYPT AND TURKEY. The Spectator thinks it fortunate that the Sultan and the Khedive of Egypt are always in want of money ; otherwise they might now be at war. Ismail has been made a Khedive, his semi•tbrone has been secured to his eldest son instead of to his brother, and ho is now intriguing for independence. Should a war take place the combatants would be pretty evenly matched, for Greece and Servia wnuld probably fight against Turkey, and tin Khedive has some money, whereas the Sultan has none. But it is thought that the Western Powers will interfere, make the Khedive yield, and the Sultan express himself satisfied. ANNEXATION PEELING IN CANADA. The New York papers continue to discover a good deal of feeling in Canada in favour of annexation to the United States. The French Canadians, they say, are unanimously on the side of joining their fortunes to the RepubliC. The Tribune admits, however, that in the country places feel ing is only just coming ripe for independence, and will not contemplate a step beyond that till it is proved that nationality outside the Union is a failure and an impossi bility this side of the continent. "Nationality is the most acceptable to the feelings of the people, while the thinkin3 portion of the community, or a large number, seem to con sider annexation the inevitable result." TUE MORMONS. The New York Times fancies that Brigham Young will not he long before be offers or accepts a compromise on the subject of polygamy. Some of his recent discourses seem to throw out hints that plurality of wives is not, after all, the most sacred doctrine of Mormonism, and that it might be given up for a substantial consideration. "We have no manner of doubt that, were it clear in Brigham's mind that Utah might come into the Union, with himself as Governor, on condition of the overthrow of polyg amy , that he would Elul meaut# to accept the terms." of our merchants are lotting their foreign bills stand over, in the hope of being able to meet the balance more cheaply by and by, either by the shipment of gold when it is lower than it is now, or by the shipment of bonds to meet the foreign demands which it is hoped will result from Secre tary Boutwell's policy ; or again by the export of cotton, the aid of which is being already somewhat relied upon. The expediency of shipping bonds to the Old World as a means of paying our more strictly commercial debts is be coming the subject of considerable discussion. One third of the whole debt, or $900,000,000 is, now held Ly foreigners, on which the annual interest is $55,000,000 On Miscellaneous Stocks, hold abroad, the interest and dividends must amount to about $10,000,000 more. These two last named sums must of course come out of Uncle Sam's pocket as though they were paid for imports ; so that the question really is, shall we pay as we go, or send over promises to pay on what interest is continually accruing? At present we are compelled to accept the latter terms, but should regard them as only temporary, until the surplus of imports over exports can be reduced, and, if possible, reversed. Meanwhile the European capitalists will have acquired a knowledge and confidence in our securities, so that when the hour comes for refunding them on long time and at lower rates, there will be plenty of bankers abroad to take them up, even if our own people, accustomed to usurious rates, shall not have learned the value of such investments. In regard to the amount of bonds sent abroad for the past ten months, esti mates founded on consultation with foreign bankers, who are accustomed to compare notes and figure pretty closely, give a result of about $70,000,000, gold value. Even this export loaves a balance of imports against us of over $50,000,000. The excitement iu the stock market has been entirely usurped by the brands of King Vanderbilt for the past week. New York Central and Hudson River ab sorbed almost the entire business, though transactions in those stocks seem to have been indulged in only by a select ring, the rest of the operators looking on as specta tors and not caring to interfere. Some regard the expected consolidation and issue of new stock on the part of these roads as the cause of all this excitement, while others shake their heads mysteriously and hint at some more ambitious piece of knavery among the railroad giants. Suddenly and inexplicably on Tuesday the prices of these shares fell two or three per cent., the incubus was removed, other railroad stocks emerged from their obscurity at advanced rates, and business went on as usual. The difficulties be tween Erie and Wabash are said to have been settled. Pacific Mail got a lift, probably speculative, of 4 per cent. on Tuesday. The dry goods market is at an absolute standstill, and dullness reigns around. The favourable indications from the agricultural sections of the country and the South are held to justify expectations of an early and brisk fall opening. The importations aro increasing, but the goods are not yet in the market. Breadstuffs are in good demand, without much change in price. Spring wheat extra sells freely at high prices, and has completely superseded winter wheat brands, which can only de dis posed of at low rates. Corn has been variable, but in good i demand, while oats have been some depressed. The pro vision market has been entirely without interest. (From the Wall-street Journal.) Friday Evening, July 23, 1869, Money on call continues to work easy, and is readily obtainable at seven per cent. on railroad and miscellaneous collaterals, and at six per cent. on Governments, with some few exceptions at five per cent. Discounts are quoted for prime paper at 8 and 12 per cent., with the majority of business done at 10 per cent. Gold, in conse quence of the decline in price of Five-Twenties in the London market, and the increasing export of specie, is very firm, and a large business has been done to-day at 13f and 1351 closing at the former rate. Foreign Exchange shows considerable firmness, and the demand is good. Sixty Days. Three Days, London Bankers London Prime Commercial 1094 —lo9f Paris, Bankers 5.181— 5.12} 5.121--5.105 Bremen, Bankers Hamburgh Bankers 35 —36 ...... Frankfort, 0 If 401-407 Berlin and Cologne Antwerp 5.18i-5.12f Amsterdam, Bankers - —4oi Swiss 5.181-5.121 QUOTATIONS FOR SPECIE, Amer. silver... 964 to 97 I Eng. sows 486 to 488 Mox. d011ar5...104 „ 105 2O francs 385 „ 387 Eng. silver 475 , 480 Thalers Five francs .... 95 „ 96 Government Bonds are very strong, and prices are a little higher. Sixes, 1861, registered l2ok to 1201 Sixes, 1868, coupon .. Sixes, 1881, coupon l2ok to 121 U.S. 6s. Pacific Railroad lO7l to 168 - --1,- 'ive-twenties, 1862, registered l2ll to 121 Five-twenties, 1862, coupon Five -twenties , 1864, coupon Five-twenties, 1865, coupon Five-twenties, 18:35, coupon, new Five-twenties, 1867, coupon U.S. 5-20 Coupons, 1868 l2Ol to 1201 Ten-forties, coupon llOl to 1101 Ten-forties, registe re d Oregon War Loan, Sixes, 1881 — to In Miscellaneous Stocks there is little doing, excepting on Pacific Mail, in which considerable business is doing. Railroad Stocks are brisk, especially New York Central and Hudson, which have both advanced in anticipation of the long expected amalgamation of the two companies. N. Y. Central 2131 F ort W ayne 1521 Erie Hudson Reading Mich. Central 1331 W . U. Telegraph 37 Illinois Central Cleveland & Pittsbrg lOB Ohio and Mississippi... 311 North-West North-West Preferred 941 Cumberland Canton.. Rock Island Jleveland and T o l e d o IM & St. Paul Preferred 871 The Toledo, Wabash, and Western Railway Company has adjusted its legal difficulties, and all the suits are to be withdrawn. The company is only to issue $1,000,000 of new stock, instead of $4,000,000 to be divided equally among the parties, represented by Azariah Boody and Jay Gould. The road from Akron to Toledo is expected to b,) built within eight months, and also that from De catur to St. Louis. Railroad Bonds continue to be readily taken by inves tors, and large purchases have been made. CLOSING QUOTATIONS FOR MORTGAGES : N. Y. Central 6s, 1883... 91 Tol. & Wab. 2d MEx 83 N. Y. Central 6s, 1887... 89 Tol. & Wab. Equip 76 N. Y. Central 6s, R Est.. 89 Gt. Western 2d M '93 7B N. Y. Central 6s, Sub'n.. 89 Mil. & Pr. du Ch. Ist M — N. Y. Central 7s, 1876... 9J Gal. & Chic. Est 96 N. Y. Cen. 7s, con. 76,... Gal. & Chic. 2d M 96 Erie Ist Mort, Ex 9B Chi. &R. I. Ist M 9B Erie 7s, 2d Mort, 1879... 94 Chi. R. I. & Pacific 7's 94 E r ie 'is, 3d Mort, 1883... 88 Cleve. & Tol. S. Fund — Erie 7s, 4th Mort, 1880... 81f N. J. Central Ist M 100 Erie 7s, sth Mort, 1888... 76 NJ. Central 2d M 100 Long Dock Bonds Buff. N.Y. &E. Ist M, - 77 B5 Pitts. Ft. W., & C11.2(131. 98 Hud. It. 7s, Ist M, Hud. It. 7s, 2d 31, 'B5-1011 Harlem Ist M, '6B '72-101 Mich. C. Ist M, 69'72...131 Pitts. Ft. W.. & Ch. MM. 91 Cleve. & Pitts., 4th M... 74 Chic. & Alton, S. F. Inc. Chic. & Alto; S. F. lstM, Mich. new Ist 31 Bs, '82..132 Mil. & St:1 )- 5;1;11st M Mich. So., 7 p. c. 2d M. . 93j N. Ind. Goshen Line '6B - - - Mil. & St. Paul 2d 51... 84 Marietta & Ciu. Ist M. 90 Mich.S.&N.l.S.F'd7p.c. 981 111. Cen. 7 p. c, '7O 1191 Alton & T. H. let M 9oi Alton &T.H. 2d pfd B3 Alton & T. H. 2d M. Inc 76 Han.& St.J.LandWrntslo7 Han. & St. J. Con Chi. B. & Q., Ist M 108 Chi. & N. West, S. F 95 Chi. & N. W. Con Cony 9si Chi. & N. W. Int B — Chi. & N. W. Ist M 94 Morris & Essex Ist M 100 Morris & Essex 2d M 95 Joilet & Chic. Ist M Chi. & Gt. East'n lstM 82j N. Y. & N. El. 6s . .. 93 Dubuque &S.City,lstM. Peninsula Ist M B7j Ohio & Miss. Ist M 9O Ohio & Miss. Con B2 Tol. P. W. Ist M. E. D B3j Atlantic & G. W. 2d M — Express Stocks are quiet, actions. We quote : ith a fair amount of trans. Adams Atnerican Merchants' Unio: 60f to 61 al 421 to 42i :lc lO to 11 70 to 71i 22. to 25 Merchants' Union, old Stoc' United States Wells, Fargo, and Co.. THE PACIFIC RAILROAD.—CoIoneI C. H. Hammond, who was appointed General Superintendent of the Union Pacific Railroad, has accepted the position on condition that the differences with the Central Pacific Railroad be compromised, so as to admit of good service to the public, and fair rates be established. The companies have agreed to carry fruit to New York at five cents per pound green backs; also to furnish emigrant trains at $3O per pas senger from New York and $3B from Chicago. RAILROADS IN SOUTHERN ILLINOIS.—The following railroads are now in course of construction or iu contem plation :—The Cairo and St. Louis Road ; Cairo and Vin cennes Road; Evansville and Metropolis, Danville, Olney and Ohio River ; Belleville, Mount Vernon and Albany ; Mattoon and Grayville ; Effingham, Flora and Shawnee town; Belleville, Du Quoin end Shawneetown ; Moun- Carbon, Marion and Shawneetown ; Edgewood, Fair field and Shawneetown ; Tamaroa, Pinckneyville and Chester: St. Louis, Carbondale and Metropolis. Messrs. Drexel and Co., the Philadelphia bankers, report as follows on July 23 : Pennsylvania Railroad shares, 56i 55 ; Sixes, Ist Mortgage, ; Sixes, 2d Mortgage, 96. (From Messrs. Henry Clews and Co.'s Monthly Circular.) NEW YORK, July 15. The past month has been distinguished by very extra ordinary irregularities in the Money Market. instead of the usual summer plethora, we have experienced an ex treme scarcity of money, with the result of rates of inte rest ranging from per cent. in gold per annum to p.2r cent. per day additional to the full legal rate. This con dition of affairs has been the result of a combination of singularly unfavourable circumstances. (1.) The South has retained, for the purposes of hoarding and of local cir culation, a large proportion of the currency sent there in payment for the cotton crop, this detained circulation being variously estimated between $20,000,000 and $30,000,000. (2.) The West, in expectation of abundant grain crops, has forwarded to the East a very heavy amount of its last year's surplus of breadstras, which has called for the remittance of several millions of currency to that section; while the purchases of the new wool crop hays been attended with an outflow of money to Ohio ..ar......- 11' and other Western Stat es ; an d the currency thus I rll k , drawn from the East h as no t ye t b egun t o fl o w b ge t (3.) Through ou t th e mon th o f June the G ove rnme n t withdrew a considerable amount of currency from t,',', banks, through selling gold to double the amount of l i b; purchases of bonds, the loss of circulation from t ) 3 4 ) cause being about $6,000,000 during the month. \i, The internal revenue receipts, always large about O lt summer, have this year been especially liberal; en tl i, t e ' s : Secretary of the Treasury having declined to alle vrt 'p e , receipts to remain in the hands of the National Bank To r positories, so as to be available for market use, the w i i , drawals from this cause have been on a very ex terj a s. r ! scale. It appears, from returns received by tho (1 0 '''; ment subsequent to the publication of the last debt stn if ment, that the currency balance of the Treasury, on '' 1, was $10,000,000; beside which, nearly $10,000,0009/.3:1 held in the vat ious branch offices of the Treasury, s ubi :4 to the order of disbursing officers; so that, at the begi 9n- , of this month, the Government was holding out of Cite f lation about $50,000,000 of currency. The moral eff' 6 :, this temporary contraction by the Government was as i t jurious as its more di rec t results, an I help3d m deriatic ° J , tggravate th e cr i s i s . (5 . ) Th ese extraordinary o°o. In , nts followed a c o nt rac ti on o f $23 , 80 0, 000 o f le,_cra lt I. der circulation, d ur i ng th e t we l ve mont h s ending 011°6,1 ;(.) The res u lt o f thi s com bi nat i on of unfavourable C'u-1 was to compel a con t rac ti on of $20,500,000 in the I ° 3 o . the Clearin g h ouse B an k s b etween Juno 5 an d Joli g i ; and to reduce the legal tenders $11,000,000 betwee ll- Ag g 29 and July 3 ; th e amoun t at tho latter d a te bil l. $47,000,000, ar $22,000,000 less than a year previ3us• der such conditions, th e money mar k et was w i t hin the e ' , control of speculators, a n d l ega l t en d ers were , 410ck 4 : ti r o to the extent of several millions, artificial expe rt ': o f thus aggravating the stringency. At the bagio ni e, l o' July the Secretary of the Treasury allayed the preirg s , o f ' apprehensions by reducing his sales of gold and ecl u 0 , ing the receipts therefrom with the purchases of b °s o di subsequently, a special p urc h ase o f $3 , 000 , 000 of b° o, was ordered ; but these expedients were found uns°,ii ing, the currency being locked up by speculators v o i came out of the Treasury ; w h en th e S ecre tary i s : of proposals for three additional additional purches° if $3,00',000 each during this month, beyond the or iie :ity purchases of $1,000,000 each alternate week. Sill ern neously measures were taken by the State In"' °- c fs' for checking the custom of lending money at rates g i , allowed under the usmy laws. This action on tt v e ec P a' of the Government an d th e cour t s di scourage d the - 0 e s lady() tampering with the money market, and the rg l a interest suddenly declined t o 7 p er cen t. F o r ti le il :i two days, however, cert a i n p r i va t e b an k ers h a ve r e. f ~- c i ti to lend their funds, h o pi ng th ere b y t o renew the sCs. dir of money ; but with little effect. The Government ttt bursements on the purchase of Five Twenties, irosih.o 14th to the 29th inst., will aggregate $13,000,00 0, W o l ' i only $1,375,000 will be taken off the market by the 00(1 of gold. At the same time nearly every sectio n h 1 to stands indebted to New Yo r k ; an d it i s reasons ° t o expect arrivals of currency from other cnntres, wi tb d in t ir next thirty or forty d a y s . A ssum i ng th a t nothifib i$ toward will arise from the operations of the Troasl i al is safe to cocclude that, from now to the period c ur money is required for movi ng th e gra i n cr ops, th e oil rency reserves of the banks will steadily increase, that the market will present a steady, settled aspect. et Chief Justice Chase, with his daughter, le ft DA 1 York, July 17, for Boston, - where he arrived next cbi t j jol;"' addressed the Dartmouth C o ll ege a l umn i on the 2113 fo rtir Gen. Sherman and his daughter were present betanately ex-President Nathan Lord, who Was tti delivered an address on this occas i on, was seized 119' paralysis while alone in his carriage in the stree ° " „ ,i fur never, New Hampshire, where the college is, and, f e e s o' ward, cutting his forehead upon the d as her. $e P" ed covered, but not sufficiently to speak in public. Jo e , lege is the Alma Mater of Daniel W e b s t er , and Chief f3 o' Chase is its President. Sherman was the guest of (v ie' tor Patterson, a graduate of th e co ll ege . To theOa dd tb a guished graduates who w e r e p resen t we real ee l ; following:—The Hon. John Wentworth, of Illise l° 2,e Edward Noyes, of Cincinnati ; the Hon. Harvey efot, 6 ol Massachusetts; Judge C u tti ng , o f M a i ne ; the oe e Perley, Chief Justi ce o f N ew H amps hi re ; r Brown, of Hamilton College, Now York; Marston, of New Hampshire • the Hon. E. A. Et a , Commissioner of Internal Revenue ,• and Wall.'" Field, Esq., Assistant United States Attorney. D el: Messrs. Baldwin, of Wilden Ironworks;oevev Stourport, so long and so justly celebrated for the e o ajea o quality of their iron and tin plates, have nO w ° g r their manufactures, plates coated with either °, o ,lo iii i brass, by a process that has been patented in the United States of America, and the leading r ot " ii . in Europe. These patented plates present g O, co vantages to the manufacturers of finished gl e 13 0' 1 ;e pared with tinned or galvanized plates, as th e retry invented plates can be annealed, as much es I t lake site, during the process of stamping, without as S e t to the copper or brass coating ; they have 11° /0 0 0 vantage over sheet copper or sheet brass, in the, d ji pe jo articles manufactured from them are not so l'lP t oidl t e r or dented as when made of brass or copper ; t to these important qualifications th e y are aboll d 0 14 ) cent. cheaper than sheet copper or :sheet braes, 3 , ll , oo g l)t ir can be burnished, planished, or spun, and So f 0 1° to any required degree of finish, the importance osseeeldo, vention can readily be seen. The patented Pla te , 0, 9 0 0 be especially adapted to the manufacture of lanWielle,, l e el sticks, door knobs, lock plates, lock furniture, e°,' - ' o o. s P ci e of goods that are now manufactured bysternPing — e s` 3° brass or sheet copper; and doubtless we shall so ti e os per b l i o enterprising manufacturers adding to their own.P i r teet: e l: and to that of the district, by the use of a material fair to rank in importance with galvanised it-olio:1OP has in a few years obtained so extensive an aPP 6 4 Wolverhampton Chronicle. • 1 Die From Chicago we learn that the tril c i3O p j Ecclesiastic Court of the Rev. Charles Edvrat„eth ors' Rector of Christ Episcopal Church,:for alleged u' a ts,c,,et omissions in the baptismal rite for children , , A ll menced at 10 o'clock, July 21, at the Cathedral o t ' ea tio'!„e 4 and St. Paul. The case has excited much a t e ria c V e t tho country, as involving very iniportantrty, of , of the Church politic, as well as spiritual lw a ieo o , o l in the principles involved in the issue ago,' , ie l/f Cheney. In the baptismal rites he onrit s e r eof s ? "regenerate." The Cathedral was nearly fill" the I .OOP ladies, who seemed to take a lively interest fu el The Board of Assessors, who were invited ee ideve Whitehouse, and will receive the testimony ou u gee' isi case, are Rev. Dr. Chase, of Jubilee College ; o f 1 3 ° Pierce ' of Springfield; Rev. T. W. Benedietv SBS Rest; Rev. J. Benson, of Peru; and Rev. .A-• of Chicago. Hon. L. B. Otis acts as counsel f ors• seaters, and Hon. M. W. Fuller, assisted by ClOoteg Rich and George W. Thomps o n, defends eic " a ge s , tlO Rev. Dr. Chas e p res id es . A t e l egram from C o t t en that Bishop Whitehouse had postponed the J u ly. 0) 0 Rev. Mr. Cheney at Chicago until the 29th of 1 4 The London Scotsman understands IS. C :tb e course of the month of October, the freque% e s, project for an Atlantic Cable from tho Odor', fi n ite el li Faroe Islands, to Quebec, will have taken " e v oieb„lo; and be brought before the public. The cahle i eolv" es , a b e connect Thurso with the Orkneys is to be lA llene b e mediately under the auspices of Mr. Nathan.° l i v e dOP; Winchester-buildings, and the Transatlantr.o_rsto s promoted by the same gentleman. It is un°4 o ora,!, tt" upon its completion, it, as well as the cab ] v.' Pentland Firth, will be taken over and ma t ' s Post-office. tl; tal ° ADVERTISEMENT.] —Holloway's Pills. lir e 6 r ve d Debility.—Unless the blood be kept in a P e ete.„eill i ", constitution must be weakened and disease awe These wonderful pills possess the power oe, aw e S a fi olr and removing all contaminations of the blood 000 vta re; generally. They quietly, but certainly, eVe ( ci ii stit des structious tending to produce ill-health, front deraqv i b or action in organs which are faulty I r ou ,'„ o es - IDe. or debility. The dyspeptic, weak, and ne r fo rterf ; iee " 0 upon these pills as their best friends and cen? orate Del improve the appetite, and thoroughly WTI been,: st el,, gestive apparatus. Holloway's pills have 1 1 r. a/ e i Ti t dis to be the surest preventives of liver con l P"_b„ l u e et° , 0 dropsies, spasms, colic, constipation, andurr`,a-Aree mutt; eases always hovering round the feeble a ys if e 6 ;o7 l ; LAIWERTISEMENT.J—Avoid Medicines: they e ,":o,ltii_ ooo r ool chronic complaints: but Du Barry's delicious Revalenta Arabica Food, which yields three F e w ot eer of j re ment of the best meat, saves 50 times its cost a erv tio e, o r and invariably restores perfect digestion, strp u ,, , , , fue_L' A. Vi°,o3 lungs, healthy liver, pure blood, refreshing s , e_ t 'li a able,"oBvo66. gularity, and energy to the most disordered or 0 .:1 0 9. 13 1. 0 0 tract a few oat of the 68,000 cures :—" The Popp ; jull' a pylY by Du Barry's Food. Cure No. 68,413.—"1 1 l sPe c ' e lf 0 1/ 00 e —The health of the Holy Father is excellent, woi s co na .sea e, abandoning all other remedies. he has cordine i t i l e b to Du Barry's Revalenta Arabica Food, of f' su rpri' se ees a plateful at every meal. It has produced ..„ ot prl6 foo sr l Mal effect on his health, and his Holiness cai ji ,ii, Ju l y_ e aro i . f o 3 lent food too highly." From the "Gazette du „ ecc e . y pe o No. 58,216, of the Marchioness de Brehan, ; wito sn ee p %m lp p it l a a t i i n o t n , w a a ll st o in v g er, a b w a a d y, di d g eb es il t i i ty on, , n c e o rg t u a snes ie' s eV l lill ; l o ,4 o Cure vi c. the most intolerable nervous agitation.: ford, Not ! I wo Y; Stuart de Decies, Lord Lieutenant of Water . be ete te e el eieeserl a re o' 6 dyspepsia. No 49,832: " Fifty years' I ~s e pa ye ,j dyspepsia, nervousness, asthma, cough. job% of sot spasms, sickness, and vomitiM ari s u rreY , hos t 46,270: Mr. James Roters. of Frimlen dar ang f t be_ i.a. diseased lungs, spitting of blood, liver are partial deafness. Important Caution.7ions -yr a 9 . 2 to gy I DS fl unsavoury and more than sloppy . b uil t audse i g • 11 ,c0 1) ,,p 0 authority, Baron Liebist's name is mos t obs ''; CO - c old In tins, at s lid; Ila 2s 90; Ms 4s 6 "ore_ for 24 lbs 40s. —Also Du BARRY'S MIVALENT 2 7; p s ear re m ee flt PoWDER is packed in tin canisters: for i t 30s, f° r ,., tieoPe o r d at 3s 6d, for 48 cups at 6s, for 288 cuPs a oos an d 5 . cb d - i ftee II —being about one penny per cup. Th e f pos ,- "Dend ° free of carriage in England on receipt RlasY Du BARRY and Co., No. 77, Reel"' all Grocers and Chemists the A BIRTHS. 4c°' BARNARD —On the Gth inst , of Herbert Barnard, Esg . , o f twin daug at 63, P or tlalia-P hter% DRWSNAP —On the 7th inst.,. at Barnes-cornra of : 00 0. of Mark Dowsing), Esq., o f Lincoln 8 ' , • eelb MARRIAGES. 0 11 "•ris CUNLIT Manchester, Sir Robert 0- to the late L.. anliffe, Bart., of Acton Par o,jer Eleanor S. Egerton, only (laughter of of Jodrell Hall, Ch eshire. Th °s° 0 1 " SCIIOFIEL t. brO D —RONEy •tst S f Portman -Square,—On the sth ins of Goru ker 0 1.2 —LETbII On the sth inst., at i,oosveetroeblgi,velliolipo Josiah T. Schofield, Esq., i p r r, I to aAckniv.ttreionForrariev)eitindg:uaro. M i s D o L n A e pinnp u pms —_ id O oi n anin th ih e Ee s s6 t q h tl i a n g :s ue t s . 6 d , t A : , 10 0 THStoptolb gr• P AP. at Bridg 4. wa ter, 94 Philippe, aged 75. goose' Si:IMAGE —0 n the sth inst., at Clifton, John of the Middle Temple, aged 51. South London: Printed and Published by WIL T ' IIL3I -4 ' 14°91114•51-adi: of No. 112, Strand, Printer, at TIM SUN COO 4°.14Z in the Precinct o the Savoy, in the WOO ' °l' 111‘' • Monday, August 9, 1669, 90 I r