The Sun.
London, England, 1870-05-04 00:00:00

MONEY AND BUSINESS.

(From the Springfieldßepublican, April 15.)

As we apprehended would be the case, Congress has
shelved the Funding Bill to await the disposition of the
tariff. Ordinarily we should prefer that measures of
finance, belonging to the more abstruse and less partisan
region of politics, should be considered before Congress
had passed through a log-roiling and embittering tariff
squabble. This year, however, the whole tariff discussion
is a matter of dress parade rather than of real combat, the
Free-Traders not daring to push for radical changes, and
the Protectionists being prudently content to hold fast to
what they have. The lapse of time since the Funding Bill
came before the House has on the whole therefore not pre-
judiced its success. The first threatening opposition, that
of the banks, has not only dissipated itself, but has elicited
what otherwise would hardly have been credited with
existence, the actual friendliness of the great mass of the
banks to the measure. It is now believed that the clause
requiring the banks to exchange their 6 per cent. bonds
for 4i per cents. will be retained in the bill. This question
being disposed of, discussion reverts to the clause autho-
rizing the fending of the greenbacks in 4 per cent. bonds,
to which the opposition is more real, though hardly more
reasonable than to the bank clause. The West has the
notion that money is a great public utility which the Go-
vernment should furnish, and which, wherever it is dis-
tributed under the. sanctifying authority of an Act of Con-
gress, like a railroad or a great public improvement causes
values to rise. The Illinois farmer mourns every greenback
withdrawn from circulation, much as he would the perma-
nent loss of a rail from a track that takes his wheat to
market, and looks upon the contractionist as the depre-
ciator of his produce and real estate. The function of
banking, which the Government was obliged to assume
during the war, has come to be regarded at the West, not
as a profitable industry taken out of the hands of the
people, but as a public charity which the Government is
bound to foster. We believe that the duty of the Govern-
ment is not to provide money, but to secure the public
against being swindled by the class who do provide it.
This is what the Funding Bill proposes. With one enact-
ment it provides for laying aside the Government money
(a species of currency only justified Lby an emergency)
for the establishmout of banks to supply the place of the
currency withdrawn, and for the' erfect security of those
banks by compelling them to make a public deposit suffi-
cient to cover their circulation. The contraction that will
ensue will be but momentary, as the new banks will almost
cotemporanoously fill the void, if the needs of trade re-
quire it to be filled at all. The West has a chronic com-
plaint that it cannot make banking pay ; it ought to bo
thankful to the Funding Bill for abolishing the green-
backs and giving capitalists a chance. One very old and
thin objection to the Funding Bill, which deserves men-
tion from the frequency with which it is adduced rather
than from its force, is that by it the annual interest burden
of the country is increased. Undoubtedly; the $300,000,000
of greenbacks, now bearing no interest, when funded will
bear 4 per cent. Any man who should hire money to pay
up a lot of small, non-interest-bearing book-accounts, would
have the same experience; nevertheless, he would find the re-
turn in his own sense of honour, and in his creditors' higher
opinion. Honesty is not a cheap virtue. The redemption
of the greenbacks is a debt which the Government, as a
bank, owes to the public at large. The course of the
markets during the past week has indicated considerable
speculation. The climax of the cotton export having been
passed, the supply of bills of exchange began to fall off
during the latter part of last week, and the rates of ex
change advanced. Although the prospect of a demand
for gold was very remote, this circumstance was used by
a clique of bulls to advance the premium. French renter
were also weaker under rumours of Imperial ill health,
and this infinitesimal circumstance was much magnified
on Wall-street. The Treasury holds $109,277,875 in gold,
of which some $36,000,000 is owned by private parties
holding "gold certificates." The Customs duties for
April will increase this amount to $80,000,000, besides
furnishing the $1,000,000 for the remaining sale during
the month. During the first week in May the interest
due will call for $10,000,000 more than the Customs
receipts, but during the remainder of the month the outgo
will fall $6,000,000 short of the income, so that, at the end
of May, the stock of gold on hand in the Federal Treasury
will not be reduced enough to give any aid to an upward
movement. In fact, there is nothing in the present needs
of commerce to raise gold. We must depend on legisla-
tion and the natural course of events to lower it. The
object of the speculators for a rise is probably to give
themselves a chance to unload either gold or bonds,
before the passage of the Funding Bill. Their movement
does not excite much interest outside of Wall-street,
and is believed by traders to be ephemeral. The premiums
rose on Saturday to 1134, and on Monday to 1141, but then
fell off to 114 the supply of foreign bills being so in-
creased by foreign purchases of bonds as to break the
market completely. Money is a little more active, but the
supply is still abundant at .6 to 7. Government Bonds
have varied with gold. There was a revival in the foreign
export when gold was at its highest, arid this was one of
the causes of its decline. The Long Sixes of 1881 have
been up to 115. The amount of bonds purchased by the
Government has now reached $105,273,150. Southern
State Bonds have developed little interest. Tennessee
Sixes, new, are quoted up to 53 to 531. There is out-
standing on these a short interest of from 8 to 10 millions.
The State taxes are p.syable in depreciated State Bank
paper, worth about 70 per cent., and the prospect of the
State's being able to pay interest, in addition to her run-
ning expenses, is poor. The State is rich, but her finances
are poor indeed. Arkansas 7 per Cents., lately issued in
behalf of railroads, have made their appearance in the
market, and are quoted at 75. The total debt of Virginia
is $45,872,778, on which the interest amounts to.
$2,762,000. The State has security for all but one or two
millions in bonds and mortgages upon public improve-
ments, but General Walker thinks that only $2,612,000 of
these 40 millions of securities are perfectly safe. A further
amount of 10 millions will be available in a few years, but
the remainder, over 30 millions, he regards as a total loss.
That is what comes of a State's going into the railroad and
canal business. Nevertheless the State will pay her inte-
rest by a tax of four mills on a valuation of $713,115,589.
Stocks continue dull. Lake Shore is bracing itself
for investigation, the Pennsylvania Legislature hav-
ing directed an inquiry into the observance of the con-
tract between that State and the Cleveland and Erie, now
consolidated into the Lake Shore. The contest in the
North-west Company, between the St. Paul party and the
other, still continues. Probably Alexander Mitchell, the
president of both corporations, will be allowed at the Juno
election to devote his attention entirely to the St. Paul,
and give the presidency of the North-west to another
man. The St. Paul will issue 15,000 shares of common
stock, and exchange it for 21,000 shares, a controlling in-
terest in the stock of the old Racine and Mississippi Rail-
road, now known as the Western Union. The road ex-
tends from Racine, 182 miles to near Rock Island on the
Mississippi, and represents 40,000 shares of stock and
$3,000,000 in mortgage bonds. The St. Paul will also
issue 3,500 new shares for another piece of road of 11 miles.
About 30 of the stockholders of Erie common have en-
tered a prosecution in the United States Circuit Court at
New York against Gould, Fisk, and Lane for maladmi-
nistration. Union Pacific stocks and bonds are more
buoyant. The company steadfastly denies that it has
been put in the hands of a receiver in Wyoming, and
disclaims all the alleged liabilities. The New York
Central claims to have earned $12,000,000 during the
last six months, and on the 15th will pay out of it a
dividend of 4 per cent., amonnting to $3,600,000, besides
the Government tax on it of 5 per cent. A mortgage of
$2,000,000 on the Hudson river has been cleared off also.
In general business the fine spring weather during the
past week and the opening of inland navigation have more
than compensated for the gold flurry. Trade was quite
fair, and iu the retail way Boston reports a busy time.
The total receipts of cotton at the Southern ports, last
week, were 42,490 bales, a decrease of nearly 11,000
from the receipts throe weeks ago confirming the expe.
rience of previous years that cotton comes forward
most rapidly about the last week in March. The total
receipts from September 1 to April 1 were 2,401,496 against
1,846,973, last year; total exports, 1,538,317 'against
1,019,880; shipments to the North, 617,684 against 687,774;
stock on hand, 423,580 against 375,589. The falling off in
the supply gives more buoyancy to the market, which
hoids up wonderfully. At the average pa ice from the be-
ginning of the present season, the cotton crop of 3,000,000
bales wonld bring us, in gold, $250,000,000, the most valu-
able crop ever marketed, exceeding by some millions of
dollars the value of the great crop of 4,670,000 bales in
1859-60. Breadstuffs are irregular, and hog products are
again advancing.

(From the Wall-street Journal.)
FRIDAY EVENING, April 15.

Although the Stock and Gold Exchanges have been
closed to-day, the banks, private bankers and brokers have
been open, this not being a legal holiday. Money on call
is easy at six per cent., with some exceptions at five per
cent., although the Bank rate is seven per cent. In dis-
counts there is a free feeling for prime paper, which is
readily negotiated at 6} to 8 per cent. "No. 2" continues
to be looked on with much distrust, and is passed with
difficulty. Gold is quiet and the transactions have been
limited, closing at 113 i.
The following are the quotations for specie :
Amer. silver... 94 to 9-5 Eng. sous 486 to 488
Mex. „ 104 t2O francs 385 „ 887
Eng. silver 475 , 480 I Thalers
Five francs 94 „ 95 I

Government Bonds are generally firm, large orders
being on hand for home investment.
Sixes, 1861, registered . to
Sixes, 1881, coupon '
Sixes, 1868, coupon
U.S. 6s. Pacific Railroad
Five-twenties, 1862, registered
Five-twenties, 1862, coupon
Five-twenties, 1864, coupon
Five-twenties, 1865, coupon
Five-twenties, 1855, coupon, new
Five-twenties, 1867, coupon
U.S. 5-20 Coupons, 1868 llOl to 1104
Ten-forties, coupon lo6± to 1061
Ten-forties, registered
Oregon War Loan, Sixes 1881 — to
The following were the closing quotations this day for
the various Railroad and Miscellaneous Stocks:—
Pacific Mail b74
Atlantic Mail —
Quicksilver
W. U. Telegraph
Miraposa 6 .
Mariposa Preferred
Ohio and Mississippi 29
Boston Water Power l6
Cumberland
N Y and N Haven 143
M & St. Paul
M & St. Paul Preferred 74

N. Y. Cent. & Hud. Rr 92
Erie
Reading
Mich. Central ll9
Illinois Central
Cleveland & Pittsbrg lOll
Chi & North-West 741
North-West Preferred 86
Canton. • 7O
Rock Island
Cleveland and Toledo
Fort Wayne 931
The following for the Mon
N. Y. Central 6s, 1883... 93
N. Y. Central 6s, 1887... 90
N. Y. Central 6s, R Est.. 10
N. Y. Central 6s, Sub'n.. 90
N. Y. Central 7s, 1876...103
N. Y. Cen. 75, con., 76 ...
Erie Ist Mort, Ex 100
Erie 7s, 2d Mort, 1879 94
Erie 7s, 3d Mort, 1883 871
Erie 7s, 4th Mort, 1880 84
Erie 7s,sth Mort, 1888 81
Long Dock Bonds
Buff. N.Y. &E.lstM,'77 9O
Hud. R. 7s, Ist M, '69_10:1
Hud. R. 7s, 3d M, '75 103
Harlem Ist M, '6B '72 1031
Mich. C. Ist M, 69'72 120
Mich. new Ist M Bs, 'B2 —
Mich. So., 7p. c. 2d M 97
N. Ind. Goshen Line '6B
Mich.S.&N.l.S.F'd7p.c.lol-1
111. Cen. 7 p. e, '7O 110
Alton & T. m
Alton &T.H. 2d pfd 83
Alton & T. H. 2d M. Inc. 811
St.J.LandWrntsloB
Han. Si St. J. Con —
Chi. B. & Q., Ist M 1121
Chi. & N. West, S. F 951
Chi. & N. W. Con Cony B9
Chi. & N. W. Int B 91
Chi. & N. W. Ist M 941
Quincy & Tol, Ist M, '75 83
111. & So. lowa Ist M 7O
Gt. West. Ist M, 'BB B6
Gt. Western 2d M '93 Bl
Tol. & Web. Ist M Ex 93

And the following for Sta'
Tennessee 6s, ex coup 59i
Do. new bonds 531
Virginia 6s, ex coupons 69
Virginia 6s, new bonds 69
Georgia 6s
Georgia 78, new bonds 93
North Carolina 6s
Do. new bonds 22f
South Carolina, 6s B7
S. Carolina, new bonds 81
Do. Aprl and Oct —
Missouri 6s 921
Do. 11. and St Jo les 921
Louisiana new bonds 73

Do. 6s, Levee bonds 761
Connecticut 6s 100
Rhode Island 68 lOO
Alabama 55...
Alabama 8s
Illinois Canal bonds
1870 lOO

-gages :

Tol. & Wall. Equip 7B
Mil. & Pr. du Ch. Ist M —
Gal. & Chic. Ext 9B
Gal. & Chic. 2d M 94
Chi. & R. I. Ist M 11)01
Chi. R. I. & Pacific 7's 9B
Cleve. & Tol. S. Fund 100
N. J. Central Ist M 102
N. J. Central 2d M 102 i
Pitts. Ft,W., & Cb. Ist M 104
Pitts. Ft. W., & Ch.2d M 97
Pitts. Ft. W., & Ch. 3d M 92
Cleve. & Pitts., 4th M 76
Chic. & Alton. S. F. Inc 100
Chic. &Alton, S.F. lstM 1021
Mil. & St. Paul Ist M B9
Mil. & St. Paul 2d M B2l
Marietta & (in. Ist M 94
Morris & Essex Ist M ] 021
Morris & Essex 2d M
Joliet & Chic. Ist
Chi. & Gt. East'n lstM..„

N. Y. & N. H. 6s 971
Dubuque &S. City,lst M 96
Peninsula Ist M 9O
Ohio & Miss. Ist M 961
Ohio & Miss. Con B6l
Tol. P. W. lst M. E. D 79
Atlantic & G. W. 2d M —
Del., Lack., & W., 2d M 961
Lake Shore Div. Bonds 91
Cleve, P. it sh. N.B —
Do. 0.8 —
Union Pacific Gold B B4
Central P.RR. Gold B 9li
Pacific 1111. guar. by Mo 97

to Bonds:—
Illinois coupon 6s, 1877.100
Do. 1879 100
Illinois War Loan lOl
Ohio 6 per cent. 1875 102
Do. 1881 102
Do. 1886 104
Michigan 6 p cent. 1873 97
Do. 1878 95
Do. 1883 95
Michigan 7 p cent. 1878 98
Michigan 7 p cent War
Loan • lO2

N.Yk reg'd Bounty loanlo9f
N.Yk coup. B'nty loan 109
N.Yk 7s, Canal In. 1870.101
N.Yk 6s, Canal In. 1873.10;.'
Do. 1874.105
Do. 1875.105
Do. 1877.105
Do. 1878.105
N.Yk ss, Canal In. 1875.101

FOREIGN EXCHANGE.

Sixty Days. Three Days.
London Bankers
London, Prime Commercial lOB4 —lOB4
Paris, Bankers 5.234-5.18k 5.18 j— 5.174
Bremen, Bankers
Hamburgh, Bankers 3si-351

Frankfort,;o.ll 44-401
Berlin and Cologne
Antwerp 5.234-5.184
Amsterdam, Bankers

B wiss

Express Stocks are heavy, and we quote :

Adams 6l to 611
American Merchants' Union 38 to 381
Merchants' Union, old Stock - 6 to 6
United States
Wells, Fargo, and Co l9 to 19i

The largest regular dividend ever paid in America by
any one great corporation or State is now in course of
payment by the New York Central and Hudson River
Railway Company. They pay to the stockholders 4 per
cent. on $90,000,000 stock and scrip out of six months'
net earnings—say $3,600,000 cash—and to the United
States Internal Revenue $lBO,OOO for five per cent. tax
upon this dividend. Within the same six months Mr.
Vanderbilt has paid off, without renewal, $2.000,000 of
the Mortgage Bonds upon the Hudson River division of
this great property, which fell due on the Ist of February.
The gross earnings of the road for the six months were
not much short of twelve millions of dollars, or an ave-
rage of two millions of dollars per mouth.

AMERICAN AFFAIRS.

(From the Anglo -Americara Times,)

The House of Representatives continues to re-
duce the duties on iron. Iron slabs, blooms, and loops
from a duty of one cent to lf per lb. to $lB per ton, by a
vote of 79 to 59 ; iron ends, clippings, and punchings from
one cent per lb. to $ll per ton, by a vote of 76 to 51 ;
both reductions being made after a full debate. Iron
rolled and hammered from 1-11 cents per lb. to $2O $22
40 cents per ton ; wire rods under 5-16 inch diameter from
11 cents per lb to 1 cent, and above 1-16 inch from l cents
per lb. to lf cents. The great fight has been over the
iron, and the progress of free trade is marked by this
reduction, for there never has been at Washington a
greater and more persistent crowd of lobbyists than dur-
ing the present discussion of the tariff. Some Pennsyl-
vanian Railroad Presidents petitioned Congress to change
the duty on imported steel rails from 45 per cent
to 2 cents per lb. in gold, the rate proposed in the new
tariff bill. Vanderbilt was asked for his signature
as the largest of all railroad shareholders, but he
declined in a long letter, which has received wide
publicity. He can imagine the benefit to the home steel
makers, but cannot see the advantage to the railways. He
desires to encourage competition, and prevent extortion by
American as well as by foreign manufacturers. The value
of steel rails to the roads might compel companies to take
an inferior article at any price. The companies of which
he is President have used afifth of the steel rails laid down
in the United States and a third of those imported. Gen.
Butler got the House to adopt his amendment for reducing
the duty on elastic webbing and other shoe-making ma-
terials, over which there was a bard contest between the
shoemakers of his district, and the india-rubber makers of
Washburn's. The first vote reduced the duty, the second
restored it, and the third again reduced it.
Senator Chandler moved that the President be
authorized to appoint commissioners to open negotiations
for the annexation of the Winnipeg District. He also
made a speech in favour of a settlement of the Alabama
claims in this manner. Mr. Ramsay called attention to the
fact that the Dominion Government was expected to send
to Winnipeg an expedition through the St. Marie Canal
in Michigan, and hoped that the permission would be re-
fused. Senators Sumner and Howard expressed their be-
lief that the British authorities would not ask for such a
privilege. The resolution was subsequently referred to
the Committee on Foreign Affairs. Mr. Chandler now
draws it "milder" than before his late visit to Europe, when
his demand was for nothing less than the British North
American Possessions, and his threat was t•o roll up Canada
from Detroit to the sea with a few Michigan Volunteers.
The American papers say that Gen. Lindsay is in consul-
tation with Sir John Young on the subject of the expedi-
tion ; that he will command with Col. Wolsley as second ;
that the Canadian Rifles and some companies of the Rifle
Brigade will form the regulars, and the Imperial Govern-
ment bear the whole expense ; and that the Canadian
troops will be enlisted for two years, neither Nova Scotia
nor New Brunswick furnishing any portion. The expe-
dition 'is to leave on the 10th May, the troops marching
round the Sault St. Marie Canal, and it is calculated that
they will be ready to move in three days after reaching
Fort William. Teams will convey heavy freight to Lake
Shebandowen, 40 miles, and 100 boats will there come into
play, giving eight days from Fort William to Fort Garry.
A steamer has been engaged to convey labourers to work
on the roads in advance of the troops.

A banquet was given last Monday evening at
Delmonico's, to celebrate Lord Byron's birthday. A large
number of distinguished persons were present, including
several clergymen. The Hon. Cassius M. Clay and Wm.
Preston were among the speakers, several of whom made
strongly deprecatory allusions to Mrs. S towe's attack upon
the poet's character. The only other items by telegraph
are—The disabled steamer Venezuela arrived at New York
last Saturday. Mr. Preston, the Haytian Minister, was
officially received by President Grant on April 22.
The precautions taken in Canada against a
Fenian raid nipped the operation in the bud, though the

American papers laugh at the scare, declaring that no
active preparations could bo made in the United States
without the knowledge of the press and the Government,
when the latter Al ould immediately attend to them. The
Canadians are assured there is no occasion for them to
keep their militia under arms, as General Grant will main-
tain international obligations, and enforce the laws in their
case as in any other. At St. Armand the people utterly
disbelieved that any raid was contemplated, and the
Fenian officials at Buffalo laughed at the scare. It was,
however, said that O'Neill had proceeded to St. Albans.
A telegram informs us that the fright was over, r.nd the
regiments were being disbanded.

Chief Justice Howe was sent to Washington
from Wyoming Territory to obtain permission from the
Government for the Big Horn Mining Association to send
out its expedition, and orders to permit its departure had
been forwarded to Gen. Augur. The expedition is to start
from Cheyenne the first week in May, and free tickets are
issued to the men coming west from Chicago, where the party
is to rendezvous at the Union Pacific House, each to be
armed with a Winchester carbine ; and a 12-pound howit-
zer, with suitable ammunition, is to accompany the expe-
dition. The sale of mining properties in London is no-
ticed in the American papers. The Terrible Silver Lode
at Georgetown,-Colorado, is said to have been sold to Eng-
lish capitalists for $550,000. All the first-class ores were to
be shipped to England for reduction, and for the treatment
of second and third-class ores they propose erecting dressing
and smelting works on a mammoth scale in the vicinity of
Georgetown. The Aurora South and the Eberhardt were
also said to have been sold to English companies as well as
some White Pine mines. Many also have been disposed of in
Chicago, and in San Francisco they are investing heavily
in the Base Metal Belt. We understand, however, that very
few of the companies lately brought out in London have
been successful, as confidence in such properties is by no
means strong. The Wall-street Journal warns its readers
to look out for fraudulent mining schemes, more especially
two Nevada tunnel concerns, one in the White Pine Dis-
trict, the other in the old Reese River District, and a heavy
operation in some unknown corner either of Montana or of
Td,+ho. It observes :—" This is the third time that the
Reese River affair has had its stock selling in this market
—each time with a new name, but always in the same
hands. It is time that thesd swindlers were paid their just
dues.

Apropos of J. H. llowe, Chief Justice of the
Supreme Court of ,Wyoming, the Chicago Legal News
contains a letter from him, speaking in the highest terms
of women as jurors. He says that never during his
twenty-five years' experience in the courts had he met
with a more faithful, intelligent, and resolutely honest
jury. The dignity, decorum, and propriety of the ladies were
such as to have hada marked effect inside the court, and,
according to Judge Howe's account, that jury had also a
marked effect outside, for the keepers of dancing saloons,
gambling houses, and the demi-monde fled out of the city
from whiCh he writes (Cheyenne) to escape indictment at
the hands of the women grand jurors. The ladies were un=
wearied in their attention and diligence to arrive at righ
verdicts ; and the counsel for the prisoners, who thought
they could bamboozle them, began to challenge the women,
and use their best endeavours to get rid of them. He
denies that they were shut up with the male jurors for
three nights, as the sexes were separated, the women being
under the charge of a matron and the men under that of
the sheriff.

Joseph King, who is a sailor of the U. S. ship
Portsmouth, under Commander Semmes, has been returned
to duty from confinement by order of Secretary Robeson,
under these circumstances: —At Rio Janeiro King was
grossly abusive to the officers, for which he was confined,
by order of court-martial, for thirty days in double-irons,
on bread and water, three months' pay stopped, with extra
police duties for that period. On the morning after the
sentence Capt. A. A. Semmes had King's feet ironed to a
bolt, and he was placed in the ship's launch, exposed to the
sun till evening, without food or water. Ho was then shut
up in a box where he could not sit down, and under this
treatment he fell sick, and passed into the hands of the
surgeon. After finishing his term in double-irons he was
restored to duty, but on the 7th of last Dtcember he
attempted to desert, and was abusive when arrested, for
which he was placed in double-irons, and his hands,
being fastened behind him, were drawn up and attached
to an eye-bolt, where he was kept for sixty hours, being
gagged for twelve ; and this was continued for ten days,
with too intervals of 24 hours each. On the 13th of
January, after undergoing this punishment, he was tried
for the offence by a general court-martial, when he was
sentenced to five years' hard labour and the forfeiture of
all his pay, amounting to $9OO. Secretary Robeson deals
severely with NI hat he calls the cruel and illegal punish-
ment, and, setting aside the finding of the court on the
ground that the man had been already punished, intimates
that Commander Semmes will be called to account for this
action.

POLITICAL—The official majority for Dr. E. D.
Peck, the Republican candidate for Congress in the Ohio
Tenth District, is 2,797—a gain of 3,699 since 1868.
San Jose, California, held a municipal election on Mon-
day, 411111, and chose a Democratic Mayor. Coloured
men voted.

BUDGET OF PERSONAL.—Rumours are revived of
a contemplated visit by Ex-President Johnson to Europe.
Senators Sherman and Sprague arrived in Richmond,
Virginia, April 11, on their way to Norfolk. They stopped
at the Spottiswood Hotel, where they were called on by
Governor Walker, Lieutenant Governor Marye, General
Canby, and prominent members of the Legishture.—Mr.
George Hudson, " ex-Railway King," has been offered the
management of the Sunderland Docks, at a salary of
£2,000 a year.— A lady has been appointed as postal route
agent ou the Chicago, Rock Jsland, and Pacific Railroad.—
Governor Alcorn,' of Mississippi, has sent a message to
the Legislature in reference to the public schools, recom-
mending separate schools for the white and the coloured
children, and the establishment of a Normal school for the
education of coloured teachers.—General Robert E. Lee
and daughter were the guests of General Lawton at Sa-
vannah.—The New York Sun announces the engagement
of Chief Justice Chase to Miss Constance Kinney, of
Washington, D. C.— Mr. George L. Lorillard, owner of the
yacht Meteor, recently lost off the coast of Egypt, has
arrived in New York from Europe,.and is at the Everett
House temporarily. He contemplates tuilding another
yacht.—Miss Louisa M. Alcott, the distinguished autho-
ress, has arrived in Europe in search of health and
pleasure. Miss Alcott is accompanied by her sister
and Miss Bartlette of Boston.—Frederick Douglas is
to be a candidate for Congress in New York State.—
Tennyson's " Princess " is to be tuned into an opera by a
New York lady.— Yerger writes, "unlawfully detained in
prison, and denied trial from time to time, by partisan in-
terference.' "—John A. Kennedy, the Superintendent of the
New York Metropolitan Police, is to resign and accept the
Presidency of a City Railroad Company, at a salary of
$7,500 a year, his present salary. Captain John Jourdain
has been appointed his successor.—Peter B Sweeny,-City
Chamberlain, resigned on the 9th inst., and Mayor Hall
offered the place to Hugh Smith, the deputy, but he re-
fused it. —An American paper says, "General Butler thinks
he has got on the trail of those Washington correspondents
who have for some time past been manufacturing bogus
Cuban news.—Captain Benjamin Brayton, who for 40
years past has been connected with Sound steamers, has
-resigned the command of the steamer Bristol, owing to ill-
health.—An American paper says, " Elihu Burritt, the
learned blacksmith, is trying to induce the English to
adopt our orthography, by showing that it costs them
$50,000 a year to spell labor with a u.--Jefferson Davis has
written to Washington denying that when he withdrew
from the Senate Mr. Cameron told him that a tegro
would succeed him.—The friends of Miss Lillian S.
Edgarton talk of challenging Miss Anna Dickinson to
discuss with her the subject of woman suffrage at the
Academy of Music in this city.—The Boston Journal
states that the will of George Peabody, which was signed
by him when in this country last September, and
which was published shortly after his decease, has been
presented for proof at the Essex County, Massachusetts,
Probate Court, held in Gloucester. The amount of pro-
perty to be disposed of under its provisions in Massachu-
setts is less than $150,000, and may not exceed $lOO,OOO.
It consists mostly of securities and personal effects. The
will has also to be probated in several other States, in which
portions of Mr. Peabody's estate were situated at the time
of his decease.—Walter Brown, the champion oarsman,
was appointed instructor of rowing at Annapolis on the
11th of April.—The remains of Hon. Anson Burlingame
were expected in New York on the 16th inst. The Union
League were to receive the body and convey it to Boston,
where a public funeral was to take place.—Mr. George B.
Thatcher has been arrested in Philadelphia charged with
embezzling $l,BOO from Col. Forbes, Pension Agent, dur-
ing the absence of the chief clerk in Europe.—Lady
Franklin arrived at San Francisco, April 13, from Pa-
nama.—George Hunnewell, 59 years of age, the con-
vict just pardoned out of the State prison after 24 years'
confinement, is more surprised by the horse cars than by
any other of the new things. He finds that he looks niuch
younger than his old mates, and thinks the early hours,
simple fare, and regular habits of prison life conducive to
health.—The Worcester (Massachusetts) City Govern-
ment have appointed a committee to make arrangements
for a suitable public reception and welcome to ex-Governor
A. H. Bullock, on his return from Europe.—The English
delegates to the World's Conference of the Evangelical
Alliance at New York, next autumn, will probably be
Rev. Dr. Jobson, Professor Blakie, Canon Fremantle,
Dean Westruacott, and Rev. Messrs. Dale, Hoare, Cairns,
and Alexander.