The Sun.
London, England, 1864-03-10 00:00:00

4-4‘ ,

N°. 22,373.

THE SUN, LONDON THURSDAY EVENING, MARCH 10, 1864

,JERSONS SEEKING LANDED
.I,;_,...ATES, TOWN AND COUNTRY RESIDENCES,
FREEHOLD AND LEASEHOLD INVESTMENTS, AND
PROPERTIES GENERALLY—
To BE lIAD GRATIS, at the 7;
,ncipal Ratkvav Bookstalls
throughout the kingdom -or at the Auction and Estate Offices,
FREE PROT'-- --.lle'
No. 67, Chancery-J--
44 , Messrs. ~
London, le and H. Lumley's
of lane- - ..I:I2TY REGISTER," containing.
a varied selection
the -..,1 and house properties now in the market, from
..., nobleman's mansion, with its manorial domain, to the
cottage with its few acres.
OWNERS OP PROPERTIES wishing to Sell or Let can em-
brace the opportunity that the medium of this Redster
Words, by sending the particiears of their properties to the
Estate Offices, n 7, Chancery-lane, London, as the Messrs.
Lumley can in most cases introduce immediate customers,
where the property is of an eligible chars: ter, thereby avoid-
ing the disadvantages of delay and its attenuant incon-
veniences.

rEr

VIIRNI PURE, CARPET'S. BEDDING, and
IL' FLOORCLOTIT, CALRRIAGE-FREIi to any house in
the kingdom, regardless of amount or distance. First• class
goods at second-class prices. Terms peculiarly liberal to
Clergymen and Gentlemen. An immense stock to select
rom, displayed in Showrcoms occupying an acre of ground.
Every article warranted
Ei,GYM EN and GENTLEMEN ABOUT TO FUR-
NISH are respectfully informed that Messrs. Cobbett and
. are publishing an entirely New Edition of their un-
equalled HOUSE FURNISHING GUIDE, illastrated by4lo
hilm -able engravings of every description of Furniture and
...ectsteads, with prices attached. A copy sent gi atis and
post-free on application. This costly work also contains
complete estimates fur furnishing on the following revised
tale

A Six-roomed Parsonage
An Eight-roomed ditto
A Ten-roomed ditto
A Twelve-roomed ditto 391 11 0

TIIEREIS NO CII.VitGE inearreci, unless a tenant or pm,
cruiser is introduced through liessrs. Lumley's Agency,
and ;hen only the usual moderate commission.
Auction and Land Offices, 67, Chancery-lane, London.

Together with a eri,ie List of purified bedding, aad a mass
of valnable information to all requiring household furniture,
carpets, or bedding. References kindly permitte dto Cleriy-
men and gentlemen in or near Great Malvern, Southampton,
Chichester, Bury, Ely, Preston, Grimsby, Ryde, Plymouth,
Wells. Oxford. Brighton, Gainsboroutth, Margate. Kidder-
minster, Wellington, Croydon. Cambridge, Staines, Dorking,
St. A.ban's, Worcester, Ipswich, Peterborough, St. David's,
Wrexham, and above 500 other places in all parts of Great
i;rtta

FINANCIAL CORPORATION (Limited)
14, Leadenhall-strect, E.C.
Capital £3,000,000.
Subscribed Capital £1,500,000, by nearly four hundred
shareholders.
DIRECTORS.

THE ENGLISH and FOREIGN LIBRARY
COMPANY" (Limited),
16, Old Bond-street, W.
DIRECTORS.
Major-General Sir lIE NM' C RA WL INSON,K.C. 8., F.R.S
1, Hill-street, Berkeley-square, Chairman.
Right lion. Viscount Bury, 111. P., •I 8, Rutland-gate.
The Very Rnv. the Dean of Chiches'er F.R.S.
The Rev. G. R. Gleig, Chaplaiu-General to the Forces, 8,
Warwick-square.
CharlesNea, e, Esq., M.P., Oriel College, Oxford.
Coleridge J. Kennaird, Esq , F.Tt G.s., Fendiurch-street
Ferdinand Freiligrath, Esq., Bank of Switzerland,. Royal
Exchanze-buildings.
John William Kaye, Esq., 59, Lincoln's-inn-fields
Robert Bell, Esq, F.R.s.L., 14, York-street, Portman-square
John Ba 1, Esq. (Messrs Quiiter and Ball), ?, Moorgate-
si reet, E.C.
The Company guarantee the circulation of all new works
of value or interest immediately after publication,
The Library embraces sl-ecial departments of science and
the liberal professions, and of foreign literature in all its
branches.

Works not in the Library are purchased at the request 01
subscribers.

Books are delivered to town subscribers by the Company's
carts daily with a radius c t three miles, and twice weekly
within five miles.
Term of subscription from two guineas upwards. Details
of terms for town and CJuntry subscribers forwarded on ap-
plication.
Holders of 10 shares and upwards entitled to special ad-
vantages as subscribers.

James Goodson, Esq., Chairman, 32, Kensington Gardens-
square.
Richard Spooner. Esq., Deputy-Chairman, Forest Hi 1.
Robert Collum, Esq ,1, Chester-place, Hyde Park-square, W.
Thomas Cotterell, Esq., 10, Eaton-square, S.W.
J D. Heaney, Esq., 22, Great St. Helens, E.C.
J.. W. Holland, Esq., Forest Hill.
Wer. F. Laurence, Esq., le, New Broad-street E.C.
I ouis Nathan, Esq., 32, York-terrace, Regent's-park, N.W.
J. D. Thompson, Esq., St. Peter's-chambers, Cornhill, EC,
Cornell: s Walford, Esq, Managing Director, Litt e-park,
Enfield.

COB BETT and CO., General House Furnishers, Deptford
bridge, London, B.E,

ELECTION OF ANNUITANTS.

SAMUEL BEVAN, Secy.

PROVIDENT CLERKS' BENEVOLENT
___FUND.__

Now ready, at all the Libraries, in 3 vols.,

Established 1840.
JOHN ABEL SMITH, Esq., M.P., Treasurer.
TRUSTEES.

pECULIAR.
A TALE OF THE GREAT
TRANSITION. Edited by WILLIAM HOWITT.
"Since Mrs. Stowe's ' Uncle Tom,' we have had no tale of
a similar nature so true, so life-like, till 'Peculiar.' "—Ob-
server.

Thomas Baring' I , Esq., M.P. Wm. Geo. Prescott, Esq.
Thomson Haney, Esq., M.P. Baron L. de Rothschild, M.P.
NOTICE IS HEREBY GIVEN, that pursuant to the
Resolution of the Annual General Meetinn, held on the 24th
of February, 1864, TWELVE additional ANNUITANTS will
be ELECTED at this Office, on THURSDAY, the 26th May
next.

BANKERS.

Messrs. Barclay, Bevan, Tretton, Twels, and Co,

" The author of these remarkable volumes is as vivid a
writer as Mrs. Stowe, and in several points her superior."—
Advertiser.

SOLICITORS.
Messrs. Maples, Maples, and Teesdale.
Messrs. Hughes, Masterman, and Hughes.

Hurst and Blaekett, 13, Great Marlborough-street.

The Corporation is prepared to receive deposits, on terms
to be agreed upon.
To make advances on approved securities.
To undertake financial agencies of every description.
JAMES GAMBLE,
Secretary and Assistant lianager.

The Poll will commence at Twelve o'elock and close at
Three precisely. Peons intending to offer themselves as
candidates must send in their applications with testimonials
on or before March 31, on a printed. Form to be obtained at
this Office.
By Order of the Board,
WM. THOS. LINFORD, Secretary.
No. 15, Moorgate-street, E.C.
March 4, 1864.

THE ALBION BANK (LIMITED)
Capital £1,000,000 in 20,000 Shares of £5O each.

First Issue, 10,000 Shares.
Deposit £1 per Share on Application, and £4 per Share on

*„,* Reports and balance-sheets, with full particulars of
qualifications for voting, may be had on application at the
Office, 15, Moorgate-street.

Allotment.

It is not intended to call up more than £l5 per Share. No
call will be made for three months after allotment. Three
months interval, at least, will elapse between two calls, and
no call will exceed £5 per Share.
To be Incorporated under the Joint-Stock Companies Act
of 1862, whereby each shareholder's liability is limited to the
amount of his shares.

THE ONLY OFFICE WHOSE BONDS AND POLICIES OF

NORTH BRITISH AND MERCANTILE
INSURANCE COMPANY.
Incorporated by tfoyal Charter and Special Acts of
Parliament.
The Annual General Meeting of the North British Mer-
cantile Insurance Company was held in the Company's
Offi, e, 61, Princes-street, Edinburgh, on Monday, the 7at
instant, in terms f the constitution of the Company,
JOHN WHITE CATER, Esq.,
Chairman of the London Board, presided.
A Report by the Directors was read, showing the following
results for the year 1863 :
FIRE DEPARTMENT.
The Premiums received during
the year 1863 £100,291 14 ln
Deduct R Ansurances . 2i,099 10 7

_
.£165,192 8 3
During the year 1882 the premiums were 119,591 9 8

Thus exhibiting a net increase of .... £45,600 18 7

The Total Losses by Fire were

LIFE DEPARTMENT

1,071 NEW POLICIES were issued insuring* £953,839, and
addinz to the Revenue the sum of 133,002 14s. Od. of New
Premiums.
The Amount insured during the Five Yclars pre-
ceding the last Division of Profits (1858), was ....11,525,063

• .
Or an Annual Average of .E 35,012.
During the Five Years since that date the sums
Assured are ... _ £3 75,36.

Show ng, an Annual Avorar_,e cf £835,072,

and being* UPWARDS OF 108 'PER CENT.
ABOVE the Amount Assured per Annum during
the preceding. period.
In the ANNUITY DEPARTMENT 56 Bondi
had been granted, for whi:h was received he
sum of .
'the RE SERVE FUND now
amounts to £243,401 10 0
The SUSPENSE ALCOUNT 55,0E4 2 9

£298,465 12 9
The ACCUMULATED FUNTD to £2.233,927 37 7
And the ANNUAL REVENUE to £197,263 14 3

On the motion of the chairman, seconded by Robert Blair
Maconochie, Esq., W.S , the Report was unanimously ap-
proved of, and a dividend was declared of 12s. 6d. per share,
or 10 per cent. on the paid-up Capital Stock of the Company,
payable on 21st M rch current, free of Income Tax.
The re-election of the Edinburgh Directors who th's year
retire by rotation, and the election of three new Directors for
the London 13 )ard, in room of those who retire were, on the
motirn of John Gibson, jun., Esq, W.S., seconded by Dr,
Craigie, Vice-President of the Royal Wilege of Physicians,
Edinburgh, unanimously approved of.
On the motion of John Stirling, Esq., of Kippendavie, se-
conded by Ralph Erskine Scott, Esq.. C.A , the thanks of the
meeting were unanimously voted to the Directors of the
Company.
The a Decial thanks of the meeting were then, on the motion
of Sir James Gardiner Baird, seconded by Frederick Pitman,
Esq , W.S., voted t. the Local Boards and Agents; and on
the motto of George Auldjo Jamieson, Esq., C.A., seconded
by James Richardson, Esq., Merchant, Edinburgh, the thanks
of the meeting were voted to the chairman.

ESTAB LISHMENT-1864.
OFFICE BEARERS,
All of whom are Shareholders.
PRESIDENT.
MS Grace the Duke of Roxburghe, K.T.
VICE-PRESIDENTS.
His Grace the Duke of Sutherland.
The Most Noble the Marquis of Abercorn, K.G.
DIRECTORS.
LONDON.
John White Cater, Esq., Merchant.
Charles Morrison, Esq., Merchant.
P. du pre Grenfell, Esq., Merchant.
A. Klockman, Esq., Merchant.
John Monett, Esq., Merclunt.
Junius S. Morgan, Esq., Merchant.
John H. William Schroder, Esq.. Merchant.
George Garden Nicol, Esq., Merchant.
George Toung Esq., Merchant.
Alex. Henry dampbell, Esq.
Philip Chas. Cavan. Esq.
Peter P. Ralli, Esq.

Manager of Fire Department—George H. Whyting.
Foreign Superintendent—G. H. Burnett.
Actuary—Andrew Baden, Jun,
Surveyor—Thomas Piper.
Inspector of Agents— xltred Good.
Medical Offioers—A. H. Hassil, M.D. R. Chevallier Cream,
M.D.
Secretary—F. W. Lance.
General Manager—David Smith.
DIRECTORS.
EDINBURGH.
James Campbell, Tait, Esq., W.S.
Laurence Davidson, Esq., W.S.
D. B. Wan-hope, Esq., Merchant, Leith.
Frederick Pitman, Esq., W. S.
John Brown Innes, Esq., W.S.
Henry D. Fergusson, Esq., W S.
John Maitland, Esq., Accountant-General to the Court of
Session.
R. B. Maconochie, Esq., W.S.
Sir James Gardiner Baird, Bart.
David Davidson, Esq., Treasurer of Bank of Scotland.
G. Auldjo Jamieson, Esq, C.A.
J. F. W. Drummond, Esq, Merchant.

Secretary—John Ogilvie.
Actuary—David Chisholm.
Med'cal Officer—John G. M. Burt, M.D.
President of the Royal College of Physicians, Edinburgh.
Auditor—George Murray, C.A.
HEAD OFFICES:
LONDON 58, Threadneedle-street.
4, New Bank Buildings, Lothbury.
West-end Office B, Waterloo-place, Pall-mall.
EDINBURGH 64, Princes-street.

ESSRS. BOTT, JACKSON, AND CO.
_ execute COMMISSIONS on all races throughout the
rear. Market price guaranteed. Remittances. London and
Westminster Bank. Post-office Orders payable at Camber-
well-park.

N.B.—Betting on the Waterloo Cup.
Address—BoTT and JACKSON, "Man of the World" Wine
Stores, George-street, Camberwell-park, London.

THE EMBARRASSED in Town and Country
should read "THE PLAIN GUIDE TO BANK-
RUPTCY AND COMPOSITIONS," showing what can be
legally done, and the exact cost. To be had gratis and post
free of Mr. Wetherfield, Solicitor of the Court, 25, Moorgate-
street, Bank.
N.B.—Debts recovered on commission, without law ex-
pences to clients.

Immediately, in Two Vols. Bvo., with Map, price 325.,
EX IC 0By:
miAcNHCELIENEVAALNItIIR, MODERN,

Member of the Institute and Senator of France.
London: John Maxwell and Co., 122, Fleet-street

Next week, in Two Vol z., post Bvo., price 2's.,
DWELLERS ON THE THRESHOLD.
By W. IL DAVENPORT ADAMS,
Author of "Famous Beauties and Historic Women," &c.
London: John Maxwell and Co., 122, Fleet-street.

This Day, at all Libraries, in 3 vols.,
VICTOR'S CHOICE
10 The New Novel. By Author of "The Cross of Honour.'
London : John Maxwell and Co„ 122, Fleet-street.

Now Ready, price 6d., stamped 7d.,
THE AUTO GRAPHIC MIRROR.
Contents of No. 2.
Christian IV. of Denmark, ; Sir P. Sidney, Washington,
Nelson, Nesselrode, Metternich, Dumouriez. Ellesmere,
Coleridge. Mrs. Trot lope, the Countess of Derby (Miss Farren',
Charles Kean, Charles Mathews; and Sketches, with Auto-
graphs, by the late Mr. Thackeray and John Leech.

No. 3. with four more pages, and printed on superior paper,
will be ready on the Isth inst., price IA. The dates of publi-
cation will for the future be the Ist and 15th of every month.

Temporary Office-110, Strand, W.C.

T IT E
0 X F O R D,
F, OXFORD STREET, IV.

-, • -
THIS EVENING, will be performed the new and success-
ful Opera, by M. Guonod, FAUN, embracing the entire
company of this establishment, with augmented band and
chorus ; and other Musical Entertainments, supported by the
following talented artistes ; —Misses Russell, Fitz-Henry,
Tyrrell,',Walmsley ; Messrs. Morley, Tivoli, Green, Ara.

Director, Mr. F. Jonghmans.

UNSWORTH and EUGENE will make their re-appear-
ance This Evening.
Comedy, by Mr. T. Maclazan, W. Randall, G. Hutchenson,
G. W. Jester, Miss Nelly Powor (the juvenile comedienne),
&c., &c.

Will shortly be produce,, THE 3TERRY 'WIVES OF
WINDSOR, by Otto Nicolai; ant THE TWO GENTLE-
MEN OF VERONA, by Sir Henry Bishop.
AdmiAsion--Area, 6d. ; stalls and balmy, is. ; private
bax(s, 10s. 6d.

CANTERBURY HALL.
The Fairy Entertainment, entitled

PRINCE BLOSSOM IN THE LAND OF SHADOWS!
Is written expressly for this establishment by W. F. Vander-
veil, author of the celebrated " Enchanted Flash," and en-
4bles Mr. Norton, with the aid of Professor Pepper's Optical
Illusion (known as the Ghost), to produce effects never before
contemplated, and which have all teen duly registered by
him and Mr. J. H. Weston under the title of "The Ghost in
the Magic Fountains." By this n-w arrangement, that
which Is in reality no•hing but a shadow, becomes to all ap-
pearance endowed with life, and when "Fame" takes her
flight through the burning Cataracts, and the Naiads seek
their beds in the Crystal Waters, form a coup d'mil of beauty
unparalleled even in fairy romance.

Prince Blossom (with the Sony of all Nations), Miss Townley.
The Marvellous Illusion will take place every Evening at
half-past Nine o'c'ock.

All the wonderful entertainment of the establishment, as
usual, in addition to the above.

Admission—Area, Od.;Stalls and Balcony, ls.
Open every Evening.

ROYAL ALHAMBRA.-
LAST WEEK of PRANCONPS TROUPE.

ROYAL ALHAM BRA.-
LAST SIX NIGHTS of FRANCONI'S CIRQUE.

ROYAL ALHAMBRA.-
ENTIRE CHANGE on MONDAY, March 7tli. The
Greatest Attractions ever produced in London.

•
111[ADAME TUSSAUD'S HISTORICAL
GALLERY; established 28 years at the Bazaar,
Baker-street.
A full-length model of VICTOR TOWNLEY is now
added to the Chamber of Poysiog,nomy.
Admission, Is. ; extra rooms, 6d. Open from 11 till dusk,
and from 7 till 10.

ARG Y L L ROO M S, Windmill-street,
is OPEN EVE
Piccadilly,
During. the evening an unparalleled repertoire of Dance
RY E VENING%
Music, Selections and Overtures, is performed by the cele-
brated Argyll Band, forty in number.
Doors Open at nalf-past 8, commence at 9.
Admission is.

Manager, M. GRENET.

44A, MADDOX-STREET, REGENT-STREET, W.
ANATOMICAL MUSEUM.
Astecs ; Bushman and Wile ; Julia Pastrana and Infant;
Eng and Shang, the Starnes. Twin_ ;
THE
openLpaiNlyDfrOomNlotinlo.
Where may be seen the
13 and upwards of 3,000
Models, Natural Preparations, &n. Egyptian Mummies,
unwrapped, 4,000 years old. Admission, One shilling (tor
Gentlemen only).

MADAME RACHEL'S CIRCASSIAN
WASH and ALABASTER POWDER Beautiful
for ever.-47A, New Bond-street,

OL DR ID GE' S BALM of COLUMBIA,
established upwards of 40 years. is the best and only
certa'n remedy ever discovered for preserving, strengthening,
beautifyin, or restoring the Hair, Whiskers, and Moustaches,
6s , and 11s., by C. and A. Oldrid Sold in bottles, 38. 6d.,
chemists and perfumers. For
e 22, Wellington-street.
Children's and Ladies' Has it is most efficacious and un-
asntrdanpdre,vieonntindogn,thwem..t,uanrndin;l geyg.
rivalled.

BENSON'S WATCHES, adapted for any climate
and country; wholesale and retail. Chronometer,
duplex, lever, horizontal, vertical, res.. ft
"nff, centre seconds,
keyless, astronomical, reversible, an chronograph watches,
from 200 to three guineas each.
An illustrated pamphlet and price list of every description
of watch post free for two stamps.
J. W. BENSON, by special warrant of appointment watch
and clock maker to H.R.H.the Prince. of Wales. Manufac-
tory, 33 and 34, Ludgate-hill, E.C.

PRIZE ME D A L.—INTERNATIONAL
EXHIBITION, 1862.
FRANCIS TUCKER & CO., Wax Chandlers, &C., &c.,
To the Queen and the Ptince of Wales.
(Established 1720.)
The Jurors' Report on Wax and Church Candles, in 1862,
testifies to the excellence of the quality of Messrs. Tuckers'
manufacture.
A distinguished Dignitary, in a letter addressed to Francis
Tucker and Co., on the subject of
WAX CANDLES with PLATTED WICKS,
says:--
"I have found them fully equal to the recommendation
mend them to the clergy for the use of the altar."
which you gave them, and can sincerely, in my tutu, I com-
Finest quality, with Platted Wicks, patented.. c's. 2d. per lb.
Ordinary quality • • • • • • • • .. s. od. per lb.
VEGETABLE CANDLES, with a Mixture of Wax.
Best quality • • • • • • • .. le. dd. per lb.
Bec3nd quality .. • • • • • • .. is. 3d. per lb.
Third quality .. .. • • • • • • .. ls. id. per lb.
Carriage paid in London on Orders of Five Pounds in value.
FRANCIS TUCKER AND co.,
8, South Molton-street, Grosvenor-square. Manufactory—
Kensington (Established 1730).
The largest Establishment in England for the Manufacture
of Wax Candles for the use of the Altar.

AMBERT'S ASTHMATIC BALSAM.-AN
EFFECTUAL REMEDY, without confining the bowels
or affecting the head, trulyefficacions and pleasant, is ad
mitted to be the best medicine for immediately relieving
con-
sumption. It frequently cures persons whom the faculty
coughs, colds, confirmed eases of asthma,
pronounce incurable, admirably allays the tickling which
and incipient con-
provokes frequent coughing. In approaching consumption
effects are truly beneficial. Persons deprived of sleep, or
even lying down for fear of suffocation, may depend on relief
in a few minutes after taking it. Prepared oniy and sold by
W. LAMBERT, Chemist. 8, King-W,lliam-street, Charing-
cross, London, and by all druggists, in bottles, iso., and
three quantities in one, 2s. 9d. each. Be particular. and ask
for Lambert's Asthmatic Balsam. ThP name awl address le.
tngTaYed on the stamp.

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PRICE .4d.
STAMPED ....sd.

against the union of influences whici will be brought
to bear in opposition to him ; that Ms character as
a temporiser and man of shifts and expedients has
tended to prolong the war during his first term,
and would tend still more injuriously to prolong it
during a second ; that the patronage of the Govern-
ment bad been so rapidly and enormously increitsed,
and so loosely placed under his management, as to
render the application of the one term principle ,
essential to the safety of the Republic; that in Mr.
Salmon P. Chase are united more of the qualities
of a good President than are to be found in any
other available candidate; that his record is clear
and unimpeachable; that he is a statesman of rare
ability and an administrator or the very highest
order; that the discussion of his fitness for the office
has developed an amount of popularity and strength
in his favour which has astonished his warmest
admirers; and that, all things considered, nothing
but systematic and faithful effort on the part of his
friends and supporters is necessary to overcome all
possible obstacles to his election. It is no wonder
that Mr. Lincoln's friends should feel scandalised
at such a prottunciandento, and that the most indis-
creet among them should call for the dismissal of
the Secretary unless he will publicly disavow the
proceedings thus commenced in his name. In any
other country Mr. Lincoln and Mr. Chase could not
conveniently meet at the same table for the trans.
action of public business, and the chief, for his own
comfort's sake, if not for that of his dignity, would
be compelled to dismiss his too ambitious subordi-
nate and look out for an3ther Minister. But it is

probable that Mr. Lincoln, rather than encounter

the peril of a break-up in his Cabinet, will submit,
with his characteristic good humour, to the slight
put upon him, and if he be really anxious for the
very dangerous honours and patronage of a second
term, that he will trust to the agencies, civil and
military, legal and financial, which are still and will
be for a twelvemonth in his grasp to set aside, un-
dermine, and otherwise defeat the sch'emes of an ad-
versary, who, however formidable he may be, will
be less formidable in proportion to the number of

candidates that may yet be brought forward. With
three Republicans in the field—himself, Gen. Fre-
mont, and Mr. Chase—and only one Democrat,
with the chance of at least two more in the persons
of Generals Butler and Banks, the President may,
perhaps, be able to play a game that shall checkmate
Mr. Chase, even if the operation should lead to the
election of Gen. M'Clellan. Meanwhile, Mr. Chase
is too powerful to be lightly interfered with.
The Chase manifesto, however, has already had
one result which its framers did not anticipate. It
has virtually defeated a measure which has for the
last week been under discussion in the House of
Representatives, and the object of which was to
authorise the Secretary of the Treasury to enter the

gold-market whenever he pleased and sell his sur-
plus gold. In face of his enormous issues of paper,
gold, as obstinate in following its own laws as water,

that will find its level, persisted in standing at a
premium of nearly 60 per cent. above greenbacks,
in spite of all the hopes, wishes, and efforts of Mr.
Chase to bring it down to 25. It has long been
suspected and asserted that Mr. Chase occasionally
exercised to the extent of a few millions the power
scught to be conferred upon him by Congress; but,
however the truth may be in this respect, it was
deemed advisable that a privilege so important
should be legally conferred upon him. The measure
was accordingly introduced into the House of Re-
presentatives. Its supporters contended that the
premium on gold was maintained by the nefarious
arts of gamblers and speculators; that such gam-
bling was immoral and unpatriotic ; that the depre-
preciation of the paper currency thereby expedited
and maintained was treasonable, inasmuch as it gave
aid and comfort to the enemy, and that whenever
qr. Chase had a surplus of gold derived from the

Customs duties above the sums required for the
payment of the interest on the national debt, he
should be allowr d in the public behalf to sell it in
open market. It was further urged that the know-
ledge that Mr. Chase had such a power in his
hands and could at any moment exercise it would
tend to depress speculation and keep gold at a
moderate premium. The objections to these argu-
ments were many and cogent. The power thus
vested in the Secretary would be too much for
ordinary honesty to be proof against ; he would be
virtually the despot of prices and arbiter of every
man's fortunes ; he would be enabled by a hint of
his intentions to put unearned millions into the
hands of his friends, relatives, and supporters ;
more than all, he might, if privileged to be a
seller of gold, sell too much of the commodity, and
perhaps find himself by a falling off in the Customs
duties or some other cause, compelled to buy back
what he bad sold, or break faith with the public
creditor,—a condition of affairs which would infal-
libly send up the premium to a far higher rate than
that from which he might have reduced it by his
unwire intermeddling. These arguments had the
effect anticipated, and decided the Committee of
Ways and Means to report against the proposition.

It was still thought,however, up to yesterday morn-
ing, when Senator Pomeroy's circular appeared,
that means would be found to secure the bill a new
hearing. But that document immediately altered
the state of affairs, All the friends of Mr. Lincoln,
of General Fremont, and of General M'Clellan took
the alarm lest powers so mighty as these should be
employed in promoting the electioneering canvass
of the Secretary. As these three sections, composed
as they are, not alone of the Republican and Demo-
cratic, but of the nondescript parties, form at least
three-fourths if not nine-tenths of the House, the
measure is doomed, and gold and greenbacks will
be left to the operation of natural causes, to find
their value untampered with by any greater
gambler or financier than such as congregate in
Wall-street and William-street, and make day
hideous with the uproar of their trade.
The recent news from Europe has been received
with unmitigated delight by that amiable section of
the people of this country who hate Great Britain
as ardently as they love the Union, and to please
whom Mr. Seward threatened to hold the British
Government responsible for all the damage inflicted
upon American commerce by the Alabama and the
Florida. They rejoice that the Danes and the
Germans have come to blows and indulge in a
romantic, but possibly baseless, vision of a general
European war as the immediate consequence.
Crowns are to be melted up for old metal ; the
purple robes of Kings and Emperors are to be
trailed through the gutter ; thrones are to be con-
verted into material for bonfires ; the old nation-
alities of Ireland, Poland, and Hungary, but not of
the Heptarchy, are to be restored ; Republic insti-
tutions are everywhere to be established; and such
a din of battle is to be kept up for the next 20 years
in the Old World, that America is to be left to its
own devices, without danger of foreign interven-
tion, and, more agreeable than all, Great Britain is
inevitably to be dragged into hostilities with one or
more of the great Powers of the Continent, in
which event Federal capitalists and shipbuilders
are to fit out privateers for the foes of England and
Avo should not be human," says
sweep British commerce from every sea and ocean
of the globe.
one of these sweet-tempered observers of European
politics, s, if we did not feel some little satisfaction
at the prospect. As soon as England is at war we
shall commence building vessels for the Emperor of
flag will be driven from
eevheinrya , andsea ,as theo ursE itlilisugi3bleen.,,
The spite of this
writer blinds him, and the class to whom he appeals,
to many little facts that ought to be teken into the
account before England or the world can accept his
conclusions as positive certainties. The Federal
Government has 12 war ships now in commission
which it cannot send to sea for want of sailors.
The capture of the Alabama and the Florida was
a duty urgently demanded of the Federal navy,
and the Northern people would have been almost
as much delighted with either achievement as with
the surrender of Richmond or Charleston ; yet the