The Sun.
London, England, 1870-03-08 00:00:00

THAMES.

STEALING A YARD OF PORK.—Julia Stratton,
aged 39, was brought before Mr. Lushington
charged with stealing 451 b. of pork, valued at 255.,
the property of Joseph Tanf,Al, pork butcher, of
No. 10, Charles-street, Mile-end Old-town, on the
23d of December last. 'the prisoner visited the
prosecutor's shop iwo days before Christmas, and
soon after she left he missed the pork, which was
safe before she came into the shop. The prisoner
and several others partook of the pork the same
day. There was a yard of it.
Mr. LuAlington asked what was meant by a yard
of pork ?
A witness said the pork was just three feet in
length. .
A quarrel among those who partook of the pork
caused the apprehension of the prisoner.
Eugene O'Bryan, an Irishman, living at East
London-chambers, Spitalfields, saw the prisoner
bring home a yard of pork in the skirts of her
apron. She asked him to cut it up, and he did
so. She said she picked it up outside her own
door.

Catherine Slack said the yard of pork was hang-
ing up for several hours. The prisoner told her
there was a shawl hanging up in the water closet,
She went there and found a yard of pork, and par-
took of some of it after it was cooked.

Mr. Lushington comruitted the prisoner for

Ann Foley, a very pretty Irish widow, was
charged with deserting her three children, and
leaving them chargeable to the Poplar Uuion.
Mr. George Harris, relieving officer, said the
prisoner's children were left at the Poplar police
s:ation on the 31st of July last, and brought to
the union house that day by a policeman. They
were at school, and hai cost the union 6s. per
week each. The prisoner said when she was
taken into custody that the parish male her fetch
the money and bread allo sad her, awl that they
could not do much t.) her.

Mr. Lushington said if the prisoner did not
come to some arrangement with the union, or
maintain her children, she would be sent to pi isan
continually. lie sentenced her to six weeks' im-
prisonment and hard labour.

FINANCIAL AFFAIRS.
(From the the Anglo-American Times.)

Mr. DAWES continues his vigorous agitation for
retrenchment. As announced, he spoke in favour
of the Republican ticket in New Hampshire where
he delivered, as coming from the PRESIDENT, the
following message :—Tell the people of New Hamp-
shire that what has hitherto been done by my Ad-
ministration, honestly to collect the revenue and to
curtail expenditure, is but an earnest of what shall
be done in economizing, during the coming year.
Not a single dollar beyond what is necessary shall
be expended so far as the President can prevent it.—
As this was the purport of Gen. GRANT'S own words,
the speech excited general interest and gave much sa-
tisfaction. The Committee on Ways and Means on
the 17th Feb. resolved by 8 to 1, Mr. MAYNARD
being the single dissentient, to reduce the Internal
Revenue Bill by $30,000,000; the Budget proposing
to collect through it $160,000,000. The income
tax is to be lessened but not abolished; the proposal
isto reduce the tariff by $20,000,000, and the impres-
sion seems to be that no Funding Bill can be passed
this session. Messrs. SCHENCK and APCARTHY had
a long conversation with the PRESIDENT about these
reductions, and General GRANT sanctioned the course
suggested. At first the PRESIDENT held that it was
unadvisable to decrease the revenue till the debt
could be funded at a lower interest ; but, believing
that the debt cannot thus be dealt with at present,
he thinks the proposed course best calculated, under
the circumstances, to advance the national welfare.
But Secretary BouTwEeL, on being questioned by a
leading member of the Ways and Means Committee,
proved, as was anticipated, to be strenuously op-
posed to any such reductions. He maintains now, as
previously, that the Five-Twenties should be funded
before the revenue was reduced. lle had no doubt
that if Senator SHERMAN'S Funding Bill was soon
passed, he could within the present year fund 500
or 600 millions dols. of these bonds. Money in abun-
dance was idle and awaiting investment in the Euro-
pean capitals, and if the Committee pressed the mea-
sure as soon as it reached the House, he felt sure
that an amount of several hundred millions of dol-
lars of the new Bonds would be at once taken,
when measures might be adopted to reduce taxation.
Nor was he aware that the President had expressed
any desire to postpone the Funding Billtillnext year,
or to lessen the revenue. Certainly he had never
indicated such to him. Our opinion is that Secre-
tary BOUTWELL is right ; that it would be advis-
able first to fund a large portion of the Five-Twenty
Bonds at a reduced rate of interest, which circum-
stances are rendering easy of accomplishtnent. If
the Secretary can fund some $600,000,000, saving
even one per cent. in interest, the national gain
will be $6,000,000 annually in gold, and although
this Nv ouM contrast poorly with the reduction of
$50,000,000 iu taxation, yet it would mean mere
than is at first sight apparent. That portion of the
debt would then be put aside as disposed of, and the
Secretary would be relieved from the burden of
making l.is weekly purchases in anticipation of the
time when the Bonds will fall due. The relief
against any contingency would be immediate if half
the Five-Twenties were thus funded, and a prudent
Secretary of the Treasury would feel less shackled
in acting on any reductions in the revenue afterwards
decreed by Congress. It is certainly the case that the
credit of the United States daily rises, and with the ap-
preciation of the Bonds in foreign markets, it is pos-
sible that by waiting, even more favourable rates of
interest on the new securities than proposed by Sena-

tor StummAx may be obtained. On the other hand,
however, there is wisdom in securing whatever ad-
vantage the present cffers, for moral. Inalkets ate
proverbially uncertain, and the opportunities of-
fered to-day may vanish on the morrow for years.
A combination of circumstances, at the root of which
was the civil war in America, have led to a glut
of money in the financial centres of Europe ; but
trade is beg'nniog to revive, also enterprise and spec-
ulation. With these will rise the rates of interest,
which, for the past three years, have ruled so low.
Secretary BOUTWELL gives the Committee sound
advice in the proposition which must suggest itself to
every prudent man, to fund as early as possible, say
half, of the proposed twelve hundred millions of the
national debt, availing himself of the advantag,,s
now offered, which will bring the other moiety
within easy management in the event of unforeseen
contingencies arising ; and if Mr. BOUTWELL is suc-
cessful with this portion of the loan, to take advan-
tage of the improved credit to fund the remainder
at a still lower rate. To Mr. DAWES is attributed
the energy with which the House has taken up the
Appropriation Bills. Formerly this important duty
of the Representatives was deferred till the last mo-
ment, when the proposed measures were rushed
through the House during the closing hours of Con-
gress with all their imperfections, indeed, we may
add, gross blunders in arithmetic. Now the House
is eagerly discussing every item, and the knowledge
that each proposition will be debated, must tend to
make the Departments more careful in framing their
requisitions. Among the subjects debated was one
proposing, equal payment to women as to men
for performing the like work. Mr. ROGERS pro-
nounced the employment of women in public
offices to be demoralizing and disreputable, and
should therefore be abandoned; a view seemingly
held by Mr. DAWES, who told the Representa-
tives that they were slaves to the vile politicians
who had flocked for office to Washington last March,
and were now hounding members to raise the
salaries of the very offices into which they had then
crawled. This, he added, was the psition in which it
is proposed to place women, bringing them in also to
contend for the posts which had so demoralized the
men. Although the report at Washington was that
no Funding Bill would be passed this year, and
efforts were being made to impress the country with
the belief that the PRESIDENT had changed his
mind from the expression of opinion contained in
his Message, we believe that Secretary BOUTWELL'S
policy will prevail, for he is not only in the right,
but has that earnestness and stcdfastness of action
which spring from a strong conviction. We would
not therefore be surprised, notwithstanding these
reports, to hear that Senator SHERMAN'S Bill had
passed the House, when it is certain to receive the
sanction of the PRESIDENT, and to be immediately
brought into operation. The cones' ondent of the
Times, in some remarks on the parer currency of
the Union, gives statistics to show the reason of the
cons' ant demand from the South and Wt:st of an
increase or a re-distribution of the currency. Ile
sa3s Rhode Island, with a population of 174,620, is
allotted $12,486,900 bank-note circulation by the
National Banking Act, while Wisconsin, with a
population cf 775,881, only gets $2,508,102. The
six New England States contain 3,135,283 rcpt-
laden, and the twelve Southern and South. western
States 10,836,814; whi'e the New England bank-
note circulation is $104,509,919, and the South-
ern circulation only $15,675,179. This, he says,
is the secret of the perpetual demand in Congress
for the expansion of the currency—a demand that
comes from the South and West, but is resisted by
the Eastern and Middle States, which have the lion's
share of currency, and, of course, make the most
profit out of it. Mr. LOUGHRIDGE, of lowa, offered
a resolution directing the Banking Committee
to bring in a bill to increase the bank-note cur-
rency by at least $50,000,000, and a resolution to
lay it on the table was defeated by a majority of 19,
a result Mr. INGERSOLL termed " a 'leak's), indica-
tion." The morning hour expired, and the resolu-
tion went over till the 21st February, when it was
carried, but only to show that it' was in opposi-
tion to the strong feeling of the country, which is
now made up for an early return to specie l ay ment.
The Senate resolved, in reply, without a division,
that to add to the present amount of irredeemable
piper currency of the country would be to render
more difficult and remote the rum:pp:ion of specie
payments; to encourage and foster a spirit of specu-
lation ; to aggravate the evils produced by frequent
and sudden fluctuations of values ; to depreciate
the credit of the nation; and to check the healthful
tendency of legitimate business to settle down upon
safe and permanent bases ; and, therefore, in the
opinion of the Senate, the existing amount of such
currency ought not to be increased, and the
fall in the gold premium shows conclusively,
that on this subject the nation has thus decided.
While on the subject of currency, we may allude to
the late decision of the Supreme Court. As we
anticipated, two effects have been produced ; the
one is a strenuous opposition from the powerful
Corporations affected, and the other the hastening
of the country towards specie payment. It ap-
pears to us: that the interest of the Corporations
lies either in getting the decision reversed, which
forces them to pay in gold for all debts contracted
prior to the passing of the Legal-Tender Act, or
failing that, to get back as quickly as possible to
specie payments. A resolution has been intro-
duced into the Legislature of Maine to pay in gold
all debts contracted before the 23rd May, 1862, and
as this course is the wise one, other States may soon
follow the example; indeed the Legislature of Mis-
souri has already doneso. It is asserted that when the
two new Justices are seated on the Bench that the
decision will not be upheld, and the country seems
to be divided with the majority and the minority
of the Judges as to which delivered good law. The
.New York limes holds that a full Bench, when
reached by another case, will reverse the decision.
The Journal of Commerce, on the other hand, up-
holds the ruling of the majority, believing that the
two new Justices will confirm it. The strongest
argument against the law laid down by Chief Jus-
tice CHASE is, that it strikes hard at the power of
the Government to carry on a successful war ; but,
as we before observed, Ministers who undertake to
manage the affairs of a great nation must be pre-
pared, in an emergency, to act at all hazards to save
the country first, and let lawyers decide on the
legality of the measures afterwards.

LIVERPOOL COTTON ALAI? ET.-(THIS DAY.)

Sales probably 8,000 bales. The market dull.

The Springfield Republican observes--" It is ex-
pensive to entertain greatness, as well as to bury
philanthropy. England and America must have
spent together, in the final disposition of George
Peabody's remains, enough money to have given a
very decided stimulus to his own charities, or set
up a respectable rival to them. Massachusetts
paid nearly $30,000 to receive General Grant and
pass him through her borders last June. The city
of Boston probably spent half as much more, all
which, considering how short a time he stayed and
the little he said, may well be counted a good deal
of money for the return."
Mr. E. S. Gordon, Lord Advocate to the last
Conservative Administration, will move the rejection of
the Scotch Church Rates Bill on its second reading.
From Cuba the news is that the murderers of
Greenwald have boon arrested, and were to be tried
by court-martial. Santa Anna was compelled by the
Spanish authorities to leave liavannah last Tuesday, when
he sailed for Nassau. Tito Cuban General, Quesada, had
arrived in Florida on his way to Washington, being sent
ou a special mission by Cespedsa. Front St. Domingo we
I.arn that the inhabitants on the 19th of Fele nary, by
a large maj:wity,voted for annexation to the Gi,i ed t-,:fate
Affairs in Mexico do not appear to be progresiing favour-
ably for Juarez, whose family it is rumoured are to be
sent to Europe. Eseobedo had been compelled to retreat,
and the General iu command of the insurgent forces de-
clares that he will shoot Juarez if be captures hint. We regard
needless or revengeful executions as neither mere nor les
than murder, and it is on this principle that we condemned
the shooting of Maximilian as an net alike disgraceful
and impolitic. Juarez, if be fell into the hands of an Im-
perialist, might expect such a fate, but it would neverthe-
less be both cruel and unwise.

The very extensive Distillery now being erected
at Belfast, with all recent improvements for the manufacture of
Irish whisky, by Messis. DUNVILLE & Co., who have gained
a world-wide celebrity for their flue old Irish whisky, is to be
called "Tho Royal Irish Distillery."

SPORTING INTELLIGENOE-ISIS DAY

LIVERPOOL sPrdNG

(BY ELECTRIC TELEGR?►PH.)
TRIAL STAKES.

Sulliet
Duchess of Athol 2
Arrived—Pearl Diver, Guy of Warwick, Steamboat,
And Moose. Lymington not hero.