The Sun.
London, England, 1863-09-17 00:00:00

THAMES.

AT THE WRONG STATION.—Hugh Barnes, a Lancashire
workman, was brought before Mr. Partridge, charged with
being drunk and disorderly, and assaulting S. Whistler,
ticket collector at the Shadwell station of the Blackwall
Rail way.
The complainant stated that the prisoner came to the
shadwell station yesterday afternoon with a Poplar ticket
for Gravesend. He told the prisoner he must go back to
Poplar, and could not proceed to Gravesend with that
ticket. The prisoner. who was very drunk, attempted to
go up stairs, and to prevent his falling into danger, he
stopped him, sad said he could not be allowed to go

1 on the platform and endanger his life. The prisoner
said he would go where he liked, and insisted on proceeding
up stairs. He laid hold of the prisoner and pulled him
back, on which he seized him by the coat, which he tore.
A tailor said the repairs would cost ss. The witness, who
F wore the torn coat, pointed to a large rent under the right
11."1:11 and another in front of the coat.
Zn answer to Mr. Partridge. the witness said that a ticket
paid for at Poplar would not entitle a man to travel to
Gravesend from Shadwell.
Mr. Bawdier, the second clerk, said the Shadwell station
was a miler and a quarter nearer London than Poplar.
Whistler said the prisoner must have walked from Poplar
to Shadwell, and did not come up by rail. The ticket was
inscribed " Poplar to Gravesend—second class."
The prisoner made a rambling defence, and said he was
a hard-working man, and thought it very hard, after he
had paid his fare, that he could not proceed to his destina-
tion.

Mr. Partridge said there was no hardship in the case.
The prisoner was not entitled to leave Shadwell for Graves-
end with a Poplar tizlet ; and if he was, it was the bounden
duty of railway companies and their servants to prevent
drunken men or women travelling on their lines under any
pretence whatever. The complainant had acted most pro-
perly and discreetly. He fined the prisoner ls., and ss. in
addition for the damage done to the coat.

MARKETS—This Day.

MARK-LANE.

IMPERIAL WEEKLY AVERAGES. —Wheat, 44s ld
barley, 348 7d ; oats, 21s 8d ; rye, 318 Od; beans, 393 10d
and peas, 35s 10d.

THE SIX WEEKS' AVERAGES. -- Wheat, 45s sd;
barley, 32s 10c1; oats, 22s 8c1; rye, 33s Id ; beans, 39s 8d;
peas, 35s Bd.

ENGLISH GRAIN SOLD LASTWEER.—Wheat, 100,030;
barley, 11,615 ; oats, 8,649; rye, 651; beans, 1,381; peas
639 quarters.

METROPOLITAN CATTLE.

About an average supply of beasts was on sale here to-
day, in but middling condition. Good and prime breeds
moved off steadily at fully Monday's currency; otherwise,
the beef trade ruled inactive at that day's rates. The sup-
ply of sheep was only moderate. However, the trade was
less active than on Monday, yet previous quotations were
well supported. The show of calves was moderately good,
and the demand ruled inactive at about previous rates.
Sucking calves changed hands at very full prices. Pigs
met a slow sale on former terms. The top price of beef was
5s ; of mutton, 5s 4d ; of veal, 4s 8d ; and of pork, 4s Gd
per 81bs.

Per 51b. to sink the offal.
e. d. a. d. s. d. B. d.
Crse. &inf. beasts 3 6 3 10 Primecrs-wool d 0.4 10 6 0
Second quality do. 4 0 4 6 Pme.S'thdowndo.s 2 5 4
Prime large oxen 4 8 4 10 Large orse. calves 3 6 4 2
Prime Scots, etc. 4 10 5 0 Prime small do 4 4 4 8
Crse. & inf. sheep 3 8 4 2 Large hogs 3 6 4 0
Second qualityclo. 4 4 4 8 I Small porkers ... 4 2 4 6

Lambs, Os Od to Os Od.
Suckling calves, 15s to 40s ; and quarter-old store pigs,
15s to 2is each.
TOTAL SUPPLY. FOREIGN SUPPLY.
Beasts ....
Cows l3O • Sheep and lambs .... 1,120
Sheep and lambs
Calves 305 ;Pigs Pigs 270 i ._

SECOND EDITION.

SUN OFFICE, RALF-PAST 4 o'CLocK.

SPORTING INTELLIGENCE.—This Day.

DONCASTER RACES—Tius DAY.
BY ELECTRIC TELEGRAPH.
ZETLAND STAKES.

Onesander
Sauterelle
........... 2
Jarnicoton
3
SWEEPSTAKES OF 10 SON'S.
Coast Guard
Six ran.

LATEST BETTING. •
PORTLAND PLATE.
6to 1 agst Gamma (taken)
10 to 1 agst Poland (taken)
10 to 1 agst Peignoir (taken)
CESAREWITCU.
20 to lon the field (offered)
CAMBRIDGESHIRE.
16 to 1 agst Borealis (taken)
25 to 1 agst Catch-'em-alive (taken)
20 to 1 agst Birdhill (taken)
30 to 1 agst Turcos (taken)
THE DERBY.

1000 to 60 agst Ely

STATE OP TRADE,

DUNDEE. Sept. 15.—The demand for flax, tow,
and codilla was very languid today again, and few
transactions are reported. The better qualities have
undergone little change in value, but the tendency
is in favour of the buyer. Common is irregular in
price, and can be bought lower than on last market.
The recent fall in prices in the Baltic ports has in-
(lased more free on board business, and there is still
much offering out. Jute in good request, and very
saleable, at a small advance, bat the market not well
supplied with suitable qualities. Te-day there was
great animation in yarns and linens. A large business
done in them. Flax and tow yarns were much
wanted, and higher prices freely paid for them for
delivery months hence. The American advices re-
port less doing in linens, owing to the great ad-
vance in the exchange, but buyers here continue to
operate extensively, having confidence in the sta-
bility of that market. The demand for other foreign
markets continues excellent.
LEICESTER, Sept. 16.—There is a good deal of
activity in the hosiery trade. Regular goods meet a
good sale, and there is yet a fair demand for fancy
hosiery. Manufacturers hold busy with orders on
hand. In the rural districts business is without
much change. The yarn-market is firm, and there
is a fair demand for material, very high prices
being made. Wools are selling at late rates.

NOTTINGHAM, Sept. 16.—There is little if any
more doing in cotton-lace goods this week than
last. It is usually a quiet period of the year, and
the present season is no exception. There are some
small orders for Mechlin quiltings in the market,
and a few plain nets are finishing, otherwise very
little is doing in cotton fabrics. The silk-lace trade
is rather quiet. Yarns continue exceedingly dear,
and the market remains very firm.

THE C TVIL WAR IN AMERICA,

(From- Ake Special Correspondent of the Times.)
NEW YORK, Sept. 4.

Mr. Cha Fos having to provide 60,000,000 dollars
to pay the a rrears due to the army and navy, has
come into tw he market as a borrower of 50,000,000
dollars. ILe proposes to raiso the money by the
issue of th a t amount of promises to pay in sums
of 10 dolls .rs and up wards, bearing interest at
five per cen: t. per annum. The banks of New York
have agree c i to take 35,000,000 dollars, and those
of Boston 15,000,000 dollars of the amount.
These promises to pay partake of the double cha-
racter of ant Exchequer Bill and of a bank note.
In the first ,capacity they bear interest, and in the
second they are declared to be legal tender for all
debts, public and private. As these issues must of
necessity be, followed in quick succession by others of
like or a gret,ter amount, if the army and navy are 11
to be paid, .c.he contractors settled with, and the war
pushed forward, a feeling of distrust has communi-
cated itself to the speculative public. The non-suc-
cess of the operations before Charleston, the grow-
ing doubt whether Admiral Dahlgren and General
Gilmore will not fail as egregiously to capture the
city as Gen. Hunter and Admiral Dupont did be-

fore them; the calculation, based on unmistakable
data, that these futile attempts to wreak vengeance
upon South Carolina have already cost the Federal
Government in round numbers the handsome sum of
500,000,000 dols.,which any professional accountant,
surveyor, or assessor would certainly declare to be
300 per ce nt.ite excess of the value of the fee simple
of all the land in the city, and of every house, church,
bank, office, or other building within its bounds, and
all the movable property therein contained; and a
similar calculation that the little treasure acquired
in Vicksburg was not purchased at a smaller cost,
from first to last, than 400,000,000 dole., have con-
tributed each in their degree to excite the fears of
many bankers, brokers, and merchants who see no
way out of the corner' into which the Government is
driven except by further issues of baseless paper,
and who know that such issues inevitably lead to
financial collapse and national bankruptcy. To these
sources of disquiet have to be added, first, the pos-
sibility—and. as many think, the extreme proba-
bility—that General Lee will take advantage of
the depletion of the army of the Potomac, many
thousands of whose veterans are doing unnecessary
duty in the quasi-hostile occupation of the city of
New York, to flank Gen. Meade and march upon
Washington ; and secondly, the letter of Mr. Lin-
coln to the Springfield Convention, which puts the
extinguisher upon all the hopes of peace which have
recently taken possession of the public mind, by
showing that as long as he is President he will listen
to no terms from the South except unconditional
surrender, to be coupled with immediate emancipa-
tion. Nor is this, formidable as the list may be, the
whole catalogue of causes that have come into
simultaneous operation to disturb the money market
and shake the card castle of Mr. Chase's finance.
The European harvest is known to be so abundant
ES to make it certain that Great Britain and France
will not this year be very large purchasers of Ame-
rican breadstuffs ; that, consequently, the importa-
tions of dry goods and other articles from Europe
which the necessities or the luxuries of the Ameri-
cans may require will have to be balanced not with
corn and flour, as in other times, but with gold.
How much or how little these several causes of
anxiety or alarm may have affected the sensitive
barometer that marks its fair and its foul in the prices
of stocks and the premium on gold it is not easy for
the most patient student to predicate with accuracy.
Possibly the main motor of the panic that has taken
possession of Wall-street for the last three days was
Mr. Chase 'a appearance as a borrower. However
that may be, the card castle has had a rough
shaking. Shares in the "fancy" railways—mani-
pulated by the leviathans of speculation—have come
tumbling down, and gold has gone clambering
up. A few men have made large fortunes, for Mr.
Chase does not keep his secrets so effectually as not
to let his relatives, his personal friends, and some
Western politicians and financiers, on whose services
he relies to got a large Western vote for the Presi-
dency, know a few days, or even a few weeks be-
forehand, that he is going to issue fresh greenbacks,
contract a, loan, or otherwise operate on the share-
market end the price of gold, But while these
favoured few, and the " ring" or clique that sur-
rounds them, have either kept clear of mischief, or
made m °nay, ruin has seized upon hundreds of the
smaller and less privileged class of speculators, who
have learnt, to their cost, the old but ever recurring
lesson that gambling is no certain road to wealth,
and that industry and the legitimate pursuits of
commerc'a, though they may not always lead to for-
tune, and never to sudden riches, are the only safe
avenues on which the wise man will travel who ex-
pects to make a sure provision for his old age, and
leave a competency to those who are to follow him.
While gold has advanced nearly 11 per cent. since
Saturday last the decline on railway stocks has
varied between 21 and 31 per cent. ; New York
Central has fallen 94 ; Erie, 15 ; Illinois Central,
111 ; Fort Wayne, 164; Harlem, 28 ; Harlem pre-
ferred, 31; Michigan Southern, 221 ; Chicago and
Alton, 14; and Cleveland and Pittsburg, 11. Go-
vernmentstocks have also felt a downward tendency,
and have declined from/ tog per cent.
The President's letter, which has done so much to
produce the mischief and to disabuse the public of
the idea of a speedy peace, is a characteristic and, in
some respects, an important document. Ardently
desiring peace and a restoration of the Union, he
sees and knows of no method securing these objects
but by the vigorous prosecution of the war. Com-
promise he believes to be impossible, for the all-
sufficient reason that the Southern leaders and
armies will listen to no terms short of absolute in
dependence, an independence to which he, as Presi-
dent, cannot consent, and which he mast continue
to combat by every means in his power. He fur-
thermore admits, though not in express terms, that
the recent successes of the Federal armies have in
reality done nothing to convince the South of the
hopelessness of its cause, or induce it to make
(lifers of submission. All this is undoubtedly true,
though its public confession by the President is
calculated to cool the boiling enthusiasm of that
large
,and impulsive portion of the Northern people
VW) were until yesterday of opinion that Gettys-
burg, Vicksburg, and Port Hudson were three blows
so nearly fatal to the South as to require but one
morn to complete its plete subjugation, and which, ac-
cording tome programme, was to fall with crushing
weight at Charleston and make an end once and
for ever of Southern independence.
Mr. Lincoln Goesi
ste
nOt share the views of the
many ardent Unionists andand defenders of what they
call the "life of the
nation," who insist that his
proclamation of emancipation was a mistake—a
" bull against the comete_eau
with matters with unconstitutional inter-
ference which as President
and et. which the effect has mainly
been to unite the South in
bitterest hostility
to the North,
and to divide the Northhr.opLeilnecsosllyn
into angry and relentless factions. m
believes none of these things, and aconsequent!
y
refuses to recall or modify
—8 proclamation.hi
The reasou which he gives savours more
repel,
Springfield than
of• 1
at
of the attorney's office
the White House at Washington' "The Procla-
mation," he says, "is either valid or not valid. it
it is not valid, it needs no retraction ; if it is valid,
it cannot be retracted, eny more than the dead can
be brought to life." This is a line of argument
which shows more of the "crankiness'' of a lawyer
than of the sagacity of a statesman. If it be not
valid, its promulgation might yet betray such
an
animus against the Southern staveholders as to goad
them into a more determined resistance to Mr.
Lincoln's armies than they might otherwise have
displayed, in which case its invalidity would be no
real bar to any retraction which ha might think it
expedient to make. And, in the same way, if it
were as valid as the law, the Constitntion, and the
fact could make it, the same authority that
issued could withdraw it, if the public interest de.
!ranted. Another argument which Mr. Lincoln
uses in defence of his proclamation would, if admitted,
prove a great deal too much for his case. "The
Constitution," he says, " invests the Commander-in-
Chief with the law of war in time of war. The
most that can he said, if so much, is that slaves are
property. Is there, has there ever Wen," he asks