The Sun.
London, England, 1867-10-14 00:00:00

were happily saved, with the exception of the pilot:
On Friday last the Emperor and Empress paid a
personal visit to the poor widow.
The Imperial Commissioners have appointed a
saloon at the Exposition for the sale, by auction or
otherwise, of the articles exposed.

The President is said to be preparing his reasons
for dismissing Secretary Stanton, to be submitted
to Congress in November, in compliance with the

law which makes it incumbent on the head of the

Executive, fully to inform the Senate why offi-
cers were removed during the recess. Mr. Stan-
ton is, we believe, accused among other offences
with unlawful appropriation of public property,
and with conspiring with railway authorities to
make undue charges against the Government for
the transfer of men and material. Such charges

are too often trumped up by political opponents in
the States to serve party purposes and to give vent
to spleen.
General Grant is winning golden opinions by the
unsparing retrenchment he has introduced into the
War Department. The military expenses have

been most remorsely cut down, superfluous servants
discharged, and reforms effected in the expenditure
of those retained. Some idea may be formed of
what he has accomplished in this direction, when
we state that between 200 or 300 clerks have been
removed from the Quartermaster's and Adjutant-
General's Departments. Since he assumed control
of the War-office the expenses have been reduced
by nearly $200,000 a month.
General Pope, who ordered the empannelling of
negro juries, has come into coll'sion with Judge
Reece on this point, who refused to carry out the
order. The General called upon the Judge to re-
sign, which the latter refused to do. General Pope
has protested against the rehearing of General
Fitz-John Porter's case, who was cashiered in 1863.
He was tried for treason and disobedience of orders,
and the principal witness against him was General
Pope.

Accounts from Mexico of the 20th ult. state that
Admiral Tegethoff, having failed in obtaining the
body of Maximilian, had determined to withdraw
without it. He was attempting to effect the release
of the Emperor's confessor, whom Maximilian had
authorised to publish his entire correspondence with
the Emperor Napoleon and the Marshal Bazaine.
The news then received alleges that Porfirio Diaz,
instead of withdrawing from the contest, as before
asserted, had accepted the nomination for the Presi-
dency, and his adherents were organising themselves
for a furious campaign.
Governor Brownlow keeps Tennessee in a state
of ferment. A new cause of quarrel has arisen, and
bloodshed was only averted by the Conservatives
withdrawing their candidates from the contest.
The Governor has a corps of officers appointed by
himself for registration. The City Councils have
also appointed officers for that purpose. The
Governor issued a proclamation against the local
registrars, and the municipal authorities in turn
issued proclamations against Brownlow. Federal
and State troops were concentrated in the cities,
and special constables sworn in, both sides preparing
for a fight. A consultation was held by the Presi-
dent with the Commander-in-Chief, which re-
sulted in General Grant ordering Major-General
Thomas, in command of the department, to
make every preparation at Nashville to suppress in-
surrection, adding that if more troops were wanted
they would be despatched at his call. On the muni-
cipal aide it is alleged, on the authority of several
State Judges, that the existing laws grant charters
to cities directing local elections to be controlled by
local authorities. The Governor, however, claims
that the franchise law passed by the State Legisla-
ture gives negroes the power to vote, and as his
officers have disfranchised nearly all the white
citizens of Tennessee, he has thus secured the success
of his own nominees. The question hinged on the
action of General Thomas, in command of the Federal
troops, and as that General would not interfere the
power remained with Governor Brownlow, the
Democrats withdrawing their opposition, and thus a
collision was averted. The Radical ticket was
elected without opposition at Nashville and the
officers quietly installed ; but the other side applied
for an injunction on the ground that the election
was illegal. . _

A message from New York, dated 6 p.m., Oct. 9,
says :—‘, The Democrats have carried the elections
in Pennsylvania, and the Republicans in lowa. In
the latter State the Republican majority was greatly
reduced. The result of the Ohio elections is
doubtful." This shows that the tide is at last

turning in the United States. The long lease
of power held by the Republican party is now
about to be disputed. Pennsylvania, more than
any other State, is an indicator of the drift of
public opinion in America. The parties in that
great State have always been pretty evenly bal-
anced, and elections there are considered a sure sign
of the bent of the popular mind. The population is
so large, the interest so vast and varied, that one
man cannot produce preponderating influence, and
the State is not therefore swayed by sudden im-
pulses. To whatever cause it may be due, the fact
is now certain that the rule of the Republican
party will cease to derive the great strength it
has hitherto exerted from the national sympathy
with its objects. It is probable that this change
would have occurred sooner had it not been for the
President's mad tour of last year. A strong oppo-
sition is productive of great good, and we have
no doubt that the checks now received will have a
wholesome effect on the extreme Radicals. The
feeling is general that the negro party are pushing
their reforms beyond the bounds of reason, and it
will be well for the country if a strong reaction
does not follow. The last number of krank
Leslie gives forcible expression to this in an
illustration, in which negroes are sketched transact-
ing business, with all their peculiar type of figure and
face developed to an exaggeration, and still true to
life. A glance at once suggests the question to the
mind, which must have been the idea of the
artist—Are these to be the future legislators and
rulers of the Southern States? Even in Louisiana
the Republicans are said to be apprehensive of
defeat in the election of delegates.
Prussia has addressed invitations to Bavaria,
Wurtemburg, Baden, Luxemburg, and Austria to
send representatives to a conference in Berlin to
consider the questions of the postal system and of
a postal convention between Austria and Germany.

COMMERCIAL INTELLIGENCE.
NEW Yonx, Wednesday, Sept. 25.
Money has lately become more stringent, and is in ac-
tive demand at 7 per cent. Second-rate paper is selling at
Bto 10. Gold is also highor, the fluctuations being con-
siderable. It closed at 144, after selling at 142 i.

Exchange is quoted as follows :—London, 60 days, 1091
to 109/ ; sight, 110/ to 110/ ; Paris, long, 5.16/ ; do.,
short, 5.13/ ; Antwerp, 5.18/ to 5.17/ ; Swiss, 5.18/ to
5.17/; Hamburg, 36; Amsterdam, 41; Frankfort, 401. to
41; Bremen, 78k; Berlin, 711 to 72.
For the week ending to-day the following have been the
exports from New York to foreign ports, as well as tho
returns for this year, compared with those of 1865 and
1866, excluding specie :-
1865. 1866. 1867.
For the week 53,705,475 $3,335,610 $3,425,523
Previously reported.„ 111,204,359 139,950,607 130,146,817

Since January 1... $114,903,834 143,286,217 133,572,340
The transactions at the Sub-Treasury were—Receipts
for customs, $656,000 ; receipts for gold notes, $74,000;
total receipts, $2,697,506 53c. Total payments, $1,324,487
83c.; balance, $122,029,649 57c.
The market for Government Stocks is steady, and a fair
amount of business transacted; and this may be also said
of States Stocks. The miscellaneous market is excited, a
considerable rise having taken place to-day. The crowd
followed the operations of some leading '• bulls," and the
" bears" were caught by the rise, which they helped by
their endeavours to buy back. Michigan Southern was
especially active ; reports being in circulation that the
price was controlled by a few strong buyers. Much busi-
ness was done in Erie, which closed at 621. The market
was not so strong at the close of the day, though still re-
maining excited. Money has become tighter at Chicago,
though still abundant. The best paper is done at 10 per
cent., but the "street" prices for discount aro at Ito 1 per
cent. per month. At Cincinnati the money market is
steady, the rates ranging from 9to 12 per cent. The fol-
lowing are among the last prices of the leading stocks:—
New York Central, 1081 to 1081, Erie 62i to 621, Reading
101 f to 102, Michigan Southern, 83f to 84, Cleveland and
Pittsburgh 80, Rock Island 1011 to 1011, North-Western
Common 41k to 41k, North-Western Preferred 65f to 66,
Fort Wayne 102.

(From Messrs. Bowles, Drevet, and Co.'s Circular•.)
Paris, Oct. 11, 1867.
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