The Sun.
London, England, 1867-04-08 00:00:00

the Governor and three members of Congress.

The City of Paris, the Hermann, and the Saxonia
arrived at New York last Sunday. The Virginia
arrived on the 4th.

The United States mail steamer Mississippi,
Captain Sumney, arrived at Falmouth from
Havre with a general cargo and 650 passengers,
and left Falmouth at 11 a.m. on Thursday, having
embarked there 28 passengers for New York.
Fifteen hundred men are chopping wood on the
plains for the Union Pacific Railroad. They supply
600 cords per day, and their wives and families
camp out with them and are provisioned by the
contractor.
After Marshal Bazaine's departure from Vera
Cruz martial law was proclaimed, and the city
closely invested by the Liberals. The Emperor
was besieged in Queretaro, from which his native
troops were deserting. The city is about 100 miles
north-west of the capital. All communication with
the sea-board was cut off, and unless some unex-
pected change took place the gallant attempt of
Maximilian to maintain his throne without foreign
aid would in all probability end disastrously. Juarez
was about to order all French residents to leave
the country, or be naturalised under the republic.
In case of Juarez's success, it is to be hoped that
the Government of Washington, to whose counte-
nance and support his done, will prohibit any pros-
criptions of the Imperialists, or cruel abuse of the
power which has been derived mainly from the en-
couragement of the great republic. A war vessel,

said Co belong to the Liberals, left New York for
Tampico, loaded with ammunition. The French
Marshal Bazaine had landed at liavannah on the
23d March on his way home.

The Kingston Whig remarks :—" Some very fine

specimens of Madoc gold in quartz and sand, just

taken from the mines, have been shown in Toronto
as well as Kingston. Jewellers there, as well as
here, pronounce it superior in quality to either
Californian or Australian gold."
The Naval Appropriation Bill, passed by the last
Congress, contains the following item :—" The
Secretary of the Navy is hereby authorised and
directed to receive and accept a deed of gift, when
offered by the State of Connecticut, of a tract of
land situated on the Thames river, near New Lon-
don, with a water front not less than one mile, to
be held by the United States for naval purposes."
While flogging in the army is occupying the
attention of Parliament, it is of interest to note the
action of the United States officers on the applica-
tion of the lash when placed in command. Major
Hughes has indignantly called in question a state-
ment of Sir H. Verney that an American General,
being under the gallery during a late debate, was
asked by an honourable gentleman whether they
flogged in the American army, to which he replied
that, though against their Articles of War, he had
flogged men over and over again. Major Hughes
would like to know the name of the General who so
boldly set at defiance sect. 3 chap. 54 of the Act
approved August sth, 1851. Brevet Major-General
Robinson, temporarily in command of the Depart-
ment of the South, on March Bth issued the following
General Order abolishing whipping as a punish-
ment for crime :—" Head-quarters Department of
the South, Charleston, South Carolina, March 8.—
General Orders, No. 26.—Whipping or maiming of
the person, as a punishment for any crime, misde-
meanour, or offence, being now prohibited by the
laws of the United States, all officers of the army
and Freedmen's Bureau, ou duty in this Depart-
ment, arc hereby directed to prevent the infliction

of such punishment by any authority what-
ever." The question is debated as if officers
liked the punishment, and were its strong and only
advocates. They wish to retain the power for the
same reasons, that Londoners a few years ago
brought it into operation when frightened out of their
discretion by a few garotters. The power of adminis-
tering the lash is still in the hands of magistrates,
applicable to criminals in prison. Therefore any
British subject who becomes a criminal might be
flogged, and people show more tenderness for the
backs of unruly soldiers than for their own.

The lash of the Springfield Republican is
uinnittheids
--«, The
instance well and freely applied:
States district attorney is engaged in thoroughly
1
sifting the recent financial irregularities at Boston,
and it is probable that, if a United States marshal
is ever appointed for Massachussets, at least half a
dozen persons will be arrested on the charge of mis-
applying the public funds ; and, if convicted, we
do not see how some of them are to escape a term
in the State prison. All the details of the affair are
by no means made public yet, and the trial is likely
to show a recklessness and want of virtue on the
part of custodians of Government securities and
private funds as alarming as it is astonishing to
honest persons who have not before had a chance to
look behind the scenes. Those who ought to know,
however, hint that this last is by no means an ex-
ceptional case; that similar ' irregularities' have
been common before, and, as in a case in point, it
is commonly asserted in Boston that a ring of bank
clerks, using of course the fun Is of the banks, re-
cently made more in a few weeks by ' cornering' a
mining stock than a bank with half a million capital
could legitimately make iu three months. It is indeed
high time for the law to interfere. The lust for lucre,
the desire for hasty riches, seems thoroughly to
have debauched, in many instances, that keen and
high sense of honour which should accompany deli-
cate and responsible trusts, and a few cases of
punishment for crimes of this kind are greatly
needed for example and warning."
We are not aware what means the United States
Consul at Zanzibar had of learning the circum-
stances, but it would appear from his report to his
Government that he was satisfied of the murder of
Dr. Livingstone, idveipnagrsttomneen,tant \dllire has officially informed the
a
It is now s t ted 1 that aeszh.ingtenoantocr
te
fFtohsefra, of Con.

necticut, will receive the nomination of Minister to
Austria in place of Mr. Motley, resigned.
General King, the United States Minister at
Rome, has applied to his Government for the pur-
chase of a house in that city for the Legation, where
the Protestant service could be performed under
the shelter of the American flag. It is thought that
this would cause bickering between the various
denominations as to which should control the ser-
vice, but this would not occur to anything like the
extent some journals in America suppose. In pre-
sence of an overwhelming and hostile ascendancy
all branches of the Protestant Church amalgamate,
and the general proposal is more feasible than the
experience of the churches in America would lead
people to think probable.
We are not surprised at the scene in the house
of Representatives on Tuesday, the 19th of March,
exciting shouts of laughter, though such exhibitions
tend to damage its reputation. While the debate
was proceeding on the Relief Bill (million dollars)
for the South, Mr. Woodbridge, of Vermont,
characterised General Butler's amendments as tricks
of a demagogue to kill the bill. The general, in a
rage, sprang to his feet, and thrice exclaimed at
the top of his voice—" That's fair play from Ver-
mont ! is'nt it ?" The attitude and tone of the
speakeriudicated ungovernable anger, and all looked
for a personal collision when the general sat down,
and the house, after a pause of expectation and
amazement, struck with the absurdity of the exhi-
bition, burst into roars of laughter. Nor was this
the only scene that occurred during this debate.
Mr. Bingham was attacked by the general, who as-
serted that he belonged in spirit as well as body to
the Democratic side of the house. Mr. Bingham
retorted with excitement, ending of course with an
unpleasant allusion to Fort Fisher. General Butler
charged back with reference to the trial of Mrs.
Surratt, where Bingham was Judge Advocate. The
retorts were bitter and personal, and created a lively
sensation.

Tammany Hall, long the head-quarters of the
Democracy in New York, has been sold to Charles
A. Dana for $175,000, to be taken possession of on
the Ist of May as the office of Mr. Dana's new Re-
publican paper.
Miss Carmichael, the once Mormon poetess, who
apostatised in favour of a husband exclusively hers,
is about to publish a book on her life in Salt Lake
City.
Mr. J. B. D. De Bow, it appears, it is not dead,
his brother having been the person whose death
occasioned the outpouring of obituaries.
Mr. George W. Mountford, formerly consul to
Candia, is writing a history of Crete, which will be
published in a few months.
Henry Bill, of _Norwich, has given Ledyard, his
native town, $l,OOO and 300 volumes, as a nucleus
for a public library.
The friends of the late Moses F. Odell, of New
York, have decided to found a department of
American history to his memory in the Wesleyan
University at Middletown, of which institution he
was an early and constant patron. Au alcove in
the library has been set apart and christened the
" Odell Alcove," and over $3,000 worth of books
already purchased.

The new steamers Bristol and Providence, larger
than any of the Sound boats, will be run between
New York and Bristol, connecting at the latter
place with the railroad to Boston, and the route
will be opened on June 1. The project of building
a new railroad from Warren to Mansfield, thus
shortening the distance by railroad from Bristol
to Boston twelve miles, is under serious considera-
tion.

All the stock of the Salisbury Branch Raihold
has been taken, Commodore Vanderbilt being down
for $350,000 worth.

The State Association of Connecticut base-ball
players has elected the following officers :—Presi-
dent, John A. Sterry of Norwich; vice-president,
Gershom B. Hubbell of Hartford ; secretaries,
C. E. Terry of Waterbury, and William M.
Hudson of Hartford ; treasurer, S. P. Smith
of New Haven. The season for the champion
games is limited by the first clays of May and No-
vel-10),x, and they arc to be played under the
general rules of the national association, though a
series of special rules was adopted.
Professor Jacob Orton, of Rochester (N.Y.)
University will probably succeed to Professor Paul Chad-
bourne's professorship at Williams College. Professor
Orton was a graduate of Williams in 1855, and will have
charge of the scientific expedition which the Lyceum of
Natural History :propose to send to South America next
slimmer.

Captain Jabez Peck, one of the early settlers of
Pittsfield, and one of its most respected citizens, died at his
residence on Sunday evening, after a few weeks' illness, at
the age of 86, and Hosea Murrill, another aged and
wealthy citizen of the town, died on Monday morning,
aged 83.
General Steadman has been nominated for col-
lector of internal revenue of the first district of Louisiane,
but ie not legally eligible, not being a resident of the
district.

Brigadier-General O. Brown has been made
bureau commissioner for Virginia, in order to relieve
General Schofield for more entire devotion to the Recon-
struction business.

John Hughes, Southern candidate for State
Senate, was unanimously elected Mayor of Newbern, N.C.,
Thursday, by the aid of the negro vote.
Mrs. Jefferson Davis has another son.
Between one and two o'clock on Wednesday
afternoon the Prince of Wales and their Majesties the
King and Queen of Denmark, attended by some members
of their suite, visited St. Bartholomew's Hospital.

COMMERCIAL.
The wide margin between the rate at which money can
be obtained on good security, and that on securities not
long ago considered fair, shows the discredit into which a
large class of shares has fallen. Speculators for the rise
borrow almost at any rate, in preference to sacrificing their
securities at the prices that now rule. Gold has been
steady, with a slight downward tendency. The dealings
in gold have been conducted wtth the utmost cau-
tion, as people distrust the future of the market.
There are those who predict a much heavier fall than has
yet occurred, and there is nothing in political affairs to in-
dicate a rise, while the accumulation of bullion in both the
Banks of E❑gland and France shows that there is little
chance of a foreign demand. It is known that over a hun-
dred millions of dollars are in the Treasury at New York,
while the receipts from the Customs is large and increas-
ing. Government Securities continue in favour. They
declined a little, influenced by the fall in gold, but rallied,
and closed strong. The demand in Paris has a good effect.
I see by the circular of Bowles, Drevet, and Co. that they
alone remain unaffected by political rumours and under in-
fluences affecti❑g the Paris Bourse. The Stock Market is
excited, and has fallen again into the hands of speculators,
who have by combination run up some descriptions, more
rumours especially o
fE
ther ie
Pacificßailway Stock.ails t
eaSteam
There
Company,are unfavourableand.
its
andst stated elcly Ill:1st twh e
things condition
a loll°
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ot s f affairsayou ra
anticipated. in
bwleilhlgt pthuabnlishweads,
NEW YORK, March 23, 1867.

Money continues easy, and gold closed at 1344. The
• ts continue to be in excess of the exports. The
imports
total shipment was last Saturday $237,744, and on
Wednesday $4,536. The conversion of 7-30's into
5-20's is continued at about a million of dollars
a day. The adjournment of Congress is likely
to affect favourably Government Securities, for people live
in dread of some erratic financial bill. Now it is an ex-
pansion of the currency, then comes a contraction, and
the insecurity of what may be (Line enables speculators
to play upon the public. Railway shares aro rising. New
York Central is stronger; the Cleveland and Pittsburg
gives a half-yearly 4 per cent., and 5 is the dividend for
the Chicago and Rock Island for the same period; while
the Pittsburg, Fort Wayne, and Chicago distribute 2} for
the quarter. On the whole, though the market for Stocks
and Shares, trade prospects do not partake of the revival,
and continues doll even with the opening spring. A large
dealer in cotton and print goods has failed.
American gold 134/, United States 5-20's (1862) 1091,
(1864) 107:, (1865) 1071, (1865 new issue) 1071, United
States 10-40's 97g. United States 7 8-10 Loan 106,
Missouri Sixes 96, Virginia Sixes 57, New York Cen-
tral Railroad 1051, Erie 58k, Eric (preferred) 74, Hudson
River 1382,, Reading 1011, Michigan Central 1081, Mi-
chigan Southern and Northern Indiana 75, Illinois Cen-
tral 1151, Cleveland and Pittsburg, 793, Cleveland and
Toledo 1191, Chicago and North Western preferred 641,
Pittsburg, Fort Wayne, and Chicago, 961, Chicago and
Rock Island 961, Ohio and Mississippi Certificates 266,
Western Union Telegraph Company 411, Pacific Mail
Steamship Company 1233-, Atlantic Mail Steamship Com-
pany 83/, Cumberland Coal Company Preferred 35, Can-
ton Company 461, Quicksilver Mining Company 37, Mari-
posa Mining Company 81, Mariposa Mining company Pre-
ferred 221, Boston Water Power Company 251.

(Front E. F. Satterthwaite and Co.'s Weekly Circular,
April 3.)

By our advices from Now York, per the Cuba, to the
20th ult., we learn that there had been a good demand for
Cinernment securities at slightly firmer quctatica, ; the

March statement of the public debt being looked upon as
favourable. In railroad shares Michigan Southern and
New York Central had attracted most attention, and were
both taken at higher rates, the stock of the latter company
had been favourably affected by the order for the third
reading in the State Senate, empowering an increased
charge for traffic. Railroad Bonds were inactive, but
State Stocks were in more request. Missouri Bonds had
improved ten per cent. on the final passage of the bill by
the Legislature for the resumption of payments of interest
as well as for the arrears of coupons ; the latest price was
99 cum all coupons. Gold remained without alteration.
ATLANTIC AND GREAT WESTERN RAILWAY.
The following notices have been issued by the Com-
mittee of luvestigation of this Railway :

"5, IVestininstor-chambers, Victoria-street, S.W.,
25th March, 1867.

"Sir,—l beg to inform you that the committee have,
since their appointment, on the sth March, devoted their
most earnest attention to the present financial position of
the company, but they find it will be impossible to present
any report until they have made fuller investigation.
" Under these circumstances they would appeal to the
holders of Divisional Bonds to retain for the present their
Coupons maturing on the Ist proximo, and their drawn
Bonds payable at the same date ; the committee having
already concurred in taking active legal proceedings in
America, with a view to the protection of the property.
"With reference to the Coupons on the Consolidated
Bonds, the committee will make further communication
when they hare completed the necessary arrangements,
and in the meantime request the Bondholders to retain
their Coupons.-1 am, sir, your obedient servant,
" WILLIAM RUSSELL."
The committee of investigation, appointed at the public
meeting hold on the sth instant, beg to apprise the bond-
holders and ether creditors that an advertisement which
appeared in the Daily News on the 28th instant, issuing
from an unknown committee, and signed " W. A. Stevens,"
and convening a public meeting of divisional bondholders
at the London Tavern, for Tuesday, the 2d of April, at
twelve o'clock, was not issued with the sanction or know-
ledge of the committee of investigation. On the contrary,
they deprecate the object for which the meeting is called as
suicidal and mischievous, and only calculated to thwart
the efforts which the committee of investigation are ac-
tively making in the interests of the divisional bondholders,
as well as of the other creditors ; but they will attend the
proposed meeting, and request that all parties will assist
them in defeating an attempt which they believe to be
fraught with most injurious results to the interests of the
creditors.—WlLLlAM ItussELL, Chairman.
5, Westminster Chambers, Victoria-street, S.W.,
March 29, 1867

* It should be borne in mind that all dividends on Ame-
rican railroads are declared at so much per cent. on the
capital, and not as on English railroads, at so much per
cent. per annum.