The Sun.
London, England, 1862-06-30 00:00:00

MR. CHASE'S FINANCIAL LETTER.

The following extracts from a letter dated Phila-
delphia, June 13th, will explain the discrepancy
between the last financial statement of Mr. Chase
and the facts which had previously transpired :

";The Secretary of the Treasury has published a statement
showing the Federal indebtedness on the 29th of May to be
491,500,000 dols. ; in these figures, however, he does not
include the amounts due by the State, War, Navy, and
Post-office departments, with are estimated at rising
600,000,000 dols. Yet with a daily expenditure of 4,000,00 0
dols., and interest accruing, he only asks for permission to
issue an additional 150,000,000 dols, irredeemable notes, at
which Wall-street demurs. How the Government proposes
to settle the claims upon it is a mystery. Quartermaster's
vouchers cannot float for ever, and contractors and soldiers
must be paid if the war is to be continued. We are evi-
dently on the eve of a financial crisis; the large loans made
in April by the banks on the various kinds of Government
securities as collateral are now maturing; the premium on
gold is steadily advancing, and persons who can do so are
hoarding ; the exports of the precious metals increase weekly,
and will be much augmented by the July dividends, unless
stopped by a decree' from Washington, for you must know
that our servants at the capital assume to be our masters,
and conduct matters with an imperial air, and we are run-
ning out of clothing material, which will necessitate large
importations. How we shall manage no une can tell. 1
nation that refuses to pay its debts cannot trade with other
countries. But this monetary matter is not the only trouble
just now. The political horizon is very cloudy, and if the
force of arms does not settle the dispute with the South,the
coming elections will most assuredly do so. There aro
three distinct parties—the Abolitionists, the Conservatives
or Administration men, and the Democrats. In the New
England States the Abolitionists are in the ascendancy ;
then the Conservatives, the Democrats being the fewest
in number. In the State of New York the Conserva-
tives have the lead, the Democrats second, and the Abo•
litionists last; while in New Jersey, Pennsylvania, and
the Western States the Democrats have a large plurality,
the Conservatives next in order, and the Abolitionists are
without influence. It is easy to foresee the result of these
elements of discord—the Washington Government will fall
to pieces, and all the Northern States will become indepen-
dent Republics. There are few politicians in the North
whose influence extends beyond their own State lines; and
hence it will be some time before any of the integral parts
of the present Union can be re• united. In the end, New
Jersey, Pennsylvania, and the Western States will pro-
bably join the Southern Confederacy, which would settle
all disputes in reference to the Mississippi and Delaware,
and give Jefferson Davis's Government a frontage on tho
lakes. New York is ruined. The bitterness of feeling that
has always existed between that State and Penney
has has been aggravated recently by the attempt to move _
Mint from Philadelphia, mad the contemplated wideniinesgsenf
the locks of the Erie Canal, which would materiaiPiinancial
llhyia,
too,
the value of our internal improvements. Philadned
is anxious to regain her former commereihslera
becoming a
supremacy, which can only bo dono to abandon her
Southern city. In that case she will h:;.v
recent years have
notions of protection, which,
however,
been
and unscrupulous pollticians.
been confined to the few Yankeeowspee:;ators in coal and iron

ualcii‘r MAIL P.ACKET LIST.

MAILS DUE.

Australia and Mauritius,
July 19.
July 13.
Airaail and ql2
--
Cape Verds, by British packet. July 4.
,
of G °da l-lope, Ascension, and St. Helena 1.
(Aiwa,a, vviiaa
Marseilles July
Cape - —°a, Penang, and Singapore, via Southampton July 2.
via Marseilles July 13.
July 4.
dSßouthampton July —.
India (Calcutta), and Ceylon, via Southampton July 2.
GFaiblkrahltand r, Islands
via Marseilles.... July 13.
India (Bombay), via Southampton July —.
via Marseilles July —.
Lisbon July 1.
Malta, Egypt, and Aden, via Southampton July —.
via Marseilles July 5.
Newfoundland
Oporto and Vigo
U. b. and British N. America, by Brit. packet... • July 3.
by U.S. packet
by
W.C. of Africa, Madeira, July J.
Mexico., and TenCearnillaed.i ... .........
Bahamas, via New York
... June 28,
All parts of West Indies, including Chili, Pen,/ 1 June 28.
California, and British Columbia. ........... e.t Jjaullyy 2.
10.

LARYNGOSCOPY AND RHINOSCOPY.—On Wed-
nesday evening last the first of a series of practical demon-
strations took place at the residence of Mr. Yearsley, in
Savile-row, the object of which was to test the value of
these new modes of diagnosis of diseases in the throat, nasal
fosses, Eustachian tubes, etc. The great adept in the art,
Professor Czermak, was present, and Mr. Yearsley had
provided several patients from the Ear Infirmary and Or-
thophonic Institution for examination. A case of deafee:
was shown, in which it was thought there might be _lne_
marked disease about the orifice of the Eustachian tu_brefo bb °-
yond that very common affection of the mucous rateorubbe
the
which Mr. Yeaisley has so conclusively
cos
effected
origin of deafness. Another case of deafness,
with ozena, in which great amelioration. erosow.ang,
as it was
by catheterism, but only temporari.l , ,
Yk gelatinous mucous
heated
thought, to a recurring deposition of
thrbes. Also a case of
about the mouths of the Eustacluatnhistils_
in each of these
suspected incipient laryngeal
growth, an effect which Mr.
boys of stun
cases the supposed complication
Two cases of Was negatived or confirmed.
ht forward. In one of them
enlarged tonsils, were braroe
,g
with
great relief of the deaf-
Yearaley was the first to stheuodwarose from the presence of
excision had been Perfrinirar'or,
directed upwards showed
ness, and the laryngealenlargement had extended between the
how likely it was to have pro-
ducedarches of the
how much
deafness' The other case was shown as a fair
the u
ra le of deafness arising from exuberant growth of the
thpealate, and
tonsils not projecting into the area of the throat, but steal-
ing upwards, causing irritation of the surrounding ~. ,icous
membrane, even if not pressing upon the orifice of the
Eustachian tubes. Altogether the demonstration was so
conclusive as to elicit from Mr. Yearsley the opinion tliat
rhinoscopy would prove a valuable aid to the diagnosis of
of the ear, and laryngoscoPy in the detection
as
morbid conditions of the throat. Professor Czeroloo'o)wa
usual, astonished all present by Eaanipulatioad oa 14
PersQui—liccitioci Circular, Juno 25, 192.