The Sun.
London, England, 1862-10-17 00:00:00

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t_ _ 7

7RADE OF NEW YORK.

_,__
The mercantile advices from New York show
bat considerable apprehension prevailed among
tome of the most respectable merchants with regard
to the possibility of political convulsions from the:
approaching trial of electoral strength between th©
Republican and Democratic porties. A system of
terror, it is stated, is already in operation, by de-
nouncing every Democratic voter as a rebel. " The
fate of New York and of the country," it is added,
" is in a great measure dependent on the question
whether the mere cry of ' traitor, traitor,' ct.n drive
off the dett:nders of the Union and the Constitu-
tion." Rumours about mediation continued to be
pagerly circulated, and it was currently asserted at-
'he time of the departure of the steamer that the
European Powers had resolved upon the step, and
that if their offer should be rejected by the North,
tireh rejection would ,be immedil.tely followed by
T. recognition of the South. But this it is re-
marked " would do more good three months hence
Than now. The Abolitionits still believe they can
I subdue and exterminate the South, and while this
i delusion lasts it would be vain to address the Go-
vernment, but in a little while the depreciation of
the inconvertible paper and the visits of the tax-
gatherer will probably have produced enlighten-
ment." Meanwhile the inflation of the currency
continued to induce a large expenditure not only
on the part of the Government, but of the public,
and the importations of foreign goods in the face
of the augmented duties'Were three times as large as
at the corresponding date of last year. For the:past
week the total had been £310,000, against £llO,OOO,
in the same week of 1861, and £332,i000 in 1860.
Since the lstof Jan. the total importations haveneen
£9,000,000, against £7,430,000 to the correspoing
date of 1861, and yet the goods in bond, which were
last year 3,600,000, are now only 1,700,000. It is
satisfactory to understand, moreover, that all these
importations have been on terms highly remunera-
tive to our manufacturers. In consequence of the
abundance of money, loans were offered at from 4 to
6 per cent., according to the nature of the security.
The effects of emancipation among the coloured
population, without any precautionary meaoures
for their employment or support, are described as
follows by the New York Journal of Commerce:
" The Anti-Slavery Societies now being without'
occupation, and therefore of no use, will find that
any funds which may have accumulated in their
hands can be employed to excellent advantage in
assisting the wretched coloured fugitives who have
left their homes in the South, and are wandering in
search of something to keep themselves from raga.
and starvation. The bulk of these people are super-
annuated or very young. Much has been done for
their relief in Kansas, whither many have escaped
from Missouri, and fresh appeals are made in be-
half of the throngs of negroes landed within the last
few days at Cairo, Illinois, and who are now being
dispersed through the State by order of the general
government, notwithstanding the local statute pro-
hibiting the immigration of free coloured persons.
But in Washington City the scenes of destitution
among these refugees, most of whom have escaped
from Virginia, are such as appeal to the most
obdurate heart. Thousands more will follow,
clamorous for bread and shelter. The men who
have laboured so long and so faithfully for this,
' exodus,' even though it should be ' over the ruins
of the American Church and American Constitution,'
will no doubt see the duty, as well as necessity, of
organising a general system of relief, by securing
adequate funds, providing workhouses, &c., or
arranging a system of apprenticeship—for without
the interposition of some friendly hand a large pro-
portion of these negroes, being unaccustomed to
provide for themselves, will perish :for want of
the mere means of subsistence. In this course any
amount of eloquence can be expended with profit."

PR1CE.....—..4d.
STAMPED ....sd.

It was a secret trick to get Mexico, in order to have
a basis of operations, and what do you suppose
stopped them? The Monitor upset the whole agree-
ment. (Loud and long continued applause.) As I
remarked before, France has got a military station
opposite all England's colonies." After counselling
the American journals to leave out all the English
news for the next six months, and expressing his
admiration for American finance, as exemplified by
Mr. Chase's treasury notes, the speaker went on to
observe:—" By and by European capitalists, lords
and prines, will be cowing over here to invest theil
money. I have damaged the Consols, end they will
not invest in them any more. England has no basis
for her debt. Property is based on land, and they
have no land. If the Queen should sell her jewels
they would not have enough to pay a threepence
to the pound. We have got thirty-four States,
almost every one of which is larger than
her little island. They have got no brains there.
(Laughter.) Their legislators do not represent brains,
but so many sheep, so many trees, and so much
land. Our people are ahead of them in every sense
of the word. Why, Mr. Seward has reduced the
Lord John Russell to about that size. (Mr. Train
illustrated his meaning by stooping and raising his
hand about a foot from the platform. This caused
loud and long-continued cheering and laughing.)
The English people are a nation of liars, and I have
told them that righte in the teeth. (Applause.)
am going back again one of those days to tell them
so again. We are their superiors in everything that
makes a nation glorious. We are ahead of them in
education, ahead of them in the arts, sciences, agri-
culture, and manufactures. Here every man can
read and write. We have in this country 4,000
newspapers ; they cannot muster 400, and their
combined circulation is not equal to half a dozen of
our newspapers. We pay 50 cents for a book that
they are obliged to pay 10 dollars for. Their whole
land is hopelessly enslaved. We are the people
that furnish them with all they have."
In the concluding portion of his address Mr.
Train announced his determination to stand by the
Administration and the Cabinet of Mr. Lincoln, and
retired amidst much cheering after proposing cheers
for APClellan and the Cabinet.

211 A NAVY.

GE.RMAN SY MPA7HY TVI7H GA.RIBALDI.

The following are the chief passages of a letter
addressed by Karl Blind to Garibaldi :
" There are defeats which carry within them tho
germs of future triumphs. In uplifting the hand.
courageously against a usurpation that gnaws at
the heart of your country ; in raising the cry of
" Rome or death!" you have given timely warning
to a people lying in jeopardy of becoming the prey
of a foreign varupyre policy, and you have foiled at
least for a time those nefarious despotic projects
into which Italy was being drawn. Yes, in spite
of the reverse that has interrupted your work of
emancipation, yours has been a great service to the
cause of progress. On the day when Italy shall
enter into possession of her capital, your name will
be inscribed on the tablets of history, as that of the
true conqueror.
" Throughout the whole enlightened world you
are held at this moment in deep sympathy. Per•
mit me, my dear friend, to offer you also heartfelt
greetings in the name of numerous German friends.
Wherever there are men of freedom, there are you
thought of with affection ; and no royal amnesty
that would seek to throw the veil of oblivion over
your deeds can ever erase your glorious acts from
the memory of the nations. No ; they will never
forget that you have sacrificed yourself in order to
warn your endangered fatherland, as little as it will
ever be forgotten that you, through an ever-memo-
rable " rebellion," established the basis of national
unity, after having, years before, defended the
honour of the Roman republic against the over..

powering number of her foes.
"The ingratitude of a King will not weigh heavily
on your heart in presence of the universal popular
sympathies. Kings pass away, but nations remain;
and to nations seeking to establish the truly free
state, the future belongs with certainty.
"KARL BLIND."

SURREY CONSUMER'S GAS COMPANY.

The half-yearly ordinary general meeting of the
shareholders of this company was held yesterday at
the London Bridge Railway Terminus Hotel, South-
wark, Mr. Thomas Pocock, chairman, in the chair.
The report, 'which was taken as read, set forth,
that :—" The accounts for the half-year ending the
30th June, 1852, made up according to the form
prescribed by the Secretary of State, show that the
net profits, added to the previous balance, amount to
£7,831 13s. lid, which will admit of the usual di.
vidend of 8 per cent. per annum, free of income tag
and leave a surplus to be carried to next account of
£1,600. This the directors recommend for adopt'
tion. The gas rental for the half-year is £23,555
being an increase of £1,465 on the rental of the
corresponding half-year, 1861. The directors will
submit, for the approval of the shareholders, a re-.
solution authorising them to apply to Parliament for
power to create additional capital. This is deemed
expedient, in order to meet an extension of works,
which the engineer considers will be indispen-.
sable. The directors have executive bye-laws in,
force for regulating the proceedings of the board,
and the conduct of the officers of the company ; but
as respects the action of the shareholders, the board
advise you to remain 'without restrictions, and to act
from time to time as circumstances may require,
under the general provisions of the legislature."
After a long discussion the report was received
and adopted, including the dividend of 8 per cent.
per annum, free of income tax, payable on and after
Monday. Oct. 27.
A resolution was also passed enabling the dime•
tors to apply to Parlitrment for powers to raise
ad
additional £lOO,OOO, to be created by 10,000 ;lured

of 1:10 each.
A vote of thanks to the chairman and directors
was, on the motion of Mr. Strachan, carried unani•
mously ; and the ehait man, having briefly acknow.
Jedged the compliment, the meeting separated.
A notice of motion respecting bye-laws was giurt.
by Dr. Liddell to be submitted at next meeting.

The Marquis of Londonderry is suffering from
severe indisposition.
THE METROPOLITAN RAILWAY.—The opening of
this line, which was expected to havo taken place yester-
day, was again delayed. The fact is that
bees pattern signal
was only tried the day before, and it will
, inatter of signals, the line itself being
fore the whole system can be got into working order. The
delay is entirely
perfect, and the stations requiring very little in the 13,'!\T nf

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