The Sun.
London, England, 1869-11-06 00:00:00

TEIE SUN, LONDON, SATURDAY EVENING, NOVEMBER 6, 1869.

MISCELLANEOUS NEWS.

tion of fifteen shillings in the pound. This arrange-
ment has been frustrated by the proceedings of Dr.
Thom and the Defence Committee :
They attempted to repudiate their liability, they adopted
various proceedings, and set the creditors at defiance, with
what effect is well known, but with what pecuniary result
is hardly appreciated by the shareholders. Exasperated by
this opposition, and successful on every occasion when the
matter came to the test of judicial decision, the creditors
then refused all terms, and their claims will have to be
met and will be paid in full.
Thus the shareholders have lost a sum of five shillings
in the pound on liabilities amounting in all to four
millions sterling.

purpose of supporting Herr Virchow's motion on dinar•
mament.

LIBERALISM IN GERMANY.

The popular party has just achieved a fresh victory in
Stuttgardt. Herr Neuffer, who once said that ho would rather
become French than Prussian, has been elected deputy, sc
that another formidable member of the Opposi-
tion will augment the Ministerial difficulties it
the Prussian Chambers. The Chamber of Depu
ties at Carlsruhe has passed the law extending the
right of trial by jury to political and press offenders, with
only two dissentient votes. A Liberal meeting has beer
held in Munich to determine the programme of the party
for the next elections. One of the speakers having pro
posed the question whether it was desirable to joir
the Progressist party, the meeting replied unhesi
tatingly in the negative. The Progressists demant
the immediate admission of the Duchy into the Confedera.
tion of the North, and its subordination to Prussia. The
intermediate party will only consent to a reunion on r
Federal basis. A resolution was passed by the meeting de
daring that the Liberals, while desirous of preserving their
national independence, Which they considered would be
compromised by the entry into the North-German Confe
deration, as at present constituted, were anxious for
federal union between North and South Germany, whicl-
should guarantee the national interests.

We have returns up to October 22, when the
amount of gdld in the Treasury was $114,673,489 ;
of Currency, $4,970,072 ; total, $119,643,561 ; less
gold certificates . outstanding, $26,690,980 ; total
amount of gold and currency, $92,952,581 ; show-
ing that the Treasury has gained since October 1,
beside paying for $7,000,000 bonds purchased, the
difference between the net amount then in the Trea-
sury and the amount there on the Ist of October,
viz., $2,001,392. It is true that $25,846,000 in
gold had to be paid out of the Treasury imme-
diately on account of the half-yearly interest on
the Five-Twenty,Bonds, but no other payment will
be required till the Ist of January, and as a large
and increasing balance still remained, the Secre-
tary held a commanding position. Mr. Boutwell's
statement, coupled with his announcement that the
usual purchases of bonds and sales of gold are to be
continued during November, have had a beneficial
influence on the market, the Securities being
rapidly on the rise, having now attained to a price
they never before touched. As usual, the Times is
occupied in an attempt to prevent this upward ten-
dency, bringing the New York Journal of Com-
merce to aid it in warning all concerned that the day
of reckoning will surely come. Our London con-
temporary is, however, compelled to admit that the
export of produce from America shows a consider-
able increase, owing to the great shipment of grain ;
but it adds that the increase in the imports into
America are even greater in proportion, the balance
being adjusted almost wholly by the bonds, as there
is a steady diminution in specie remittances from
New Yoik. We need scarcely say that the only
question for the European purchaser of the bond is
his belief in the power and disposition of the Re-
public to meet its obligations ; whether Americans
are living too fast or not is nothing to him, and
however emphatically the New York paper might
warn its readers against extravagance, the Times
would not thereon trouble itself did it not wish in
an underhand way to cast doubts on Americas
credit, to prevent English investment, which in-
creases English interest in the Republic, and would
soon be followed by a knowledge which would
effectually explode the limes as an authority on
transatlantic questions.
The following table furnishes matter of interest
to the holders of the various national debts of
European countries and of the United States :

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