The Sun.
London, England, 1867-08-10 00:00:00

oar, whilst behind him, upon an elevated platform,
stands the champion, armed with the veritable blunt
lance of antiquity, the knob, however, at the extremity
covered with padded leather. Like the tournament
of Ashby-de-la-Zouch, there are two parties, each
furnishing from time to time its champion ; the
uniform of the one being a tight-fitting white jacket
and trousers, broad red sash, and red fez with blue
tassel ; those of the others diversified only by blue
being made the most prominent colour. As the
boats are pulled swiftly towards each other the
champions lean slightly forward upon their lances,
held upright in their right hand. As they approach
nearer, however, the other hand is shifted to the
grasp, the lances being'lowered and levelled at the
same moment, the butt being firmly pressed against the
chest, the shock resulting in one or both combatants
being precipitated into the water. In case of failure,
however, both lances are recovered with great dex-
terity as the boats passed on to the respective ends
of the watery lists. Considerable skill was exhi-
bited by these naval champions, whose success or
failure appeared to excite the greatest possible in-
terest in the crowd present. lam inclined to think
that these jousts date from considerable antiquity,
or are at least coeval and similar to that of the
water quentin in our country. But we may linger
no longer. Back by the Rue St, Antoine until we
reach the towering monument of the Bastille, or
rather the celebrated Column of July, which com-
memorates its destruction, from a railed balcony on
the summit, to which you are permitted to ascend
for a trifling payment, you enjoy a panorama of
Paris which no other point affords. Descending, we
reach, still in our homeward course, the long,
and continued line of the grand boulevards,
the most brilliant of the Rues of Paris. In the
course of another hour we have passed the greatest
part of the theatres, the vast Cirque Napoleon re.
minding us of the gigantic arenas where the stern
gladiators of antiquity have so often uttered the
mournful " Ave Caesar morituri to salutant," you
can scarcely tread your way along, for the Trottoir
in front of the hotels and cafes is densely crowded
with guests; but you have doubtless by this time
reached your destination in the shape of one of the
magnificent hotels with which the whole line of the
boulevards is so thickly studded, and as our walk
comes to an end we will, with thanks for your
patience and good company, wish you a cordial good
night.
His Royal Highness the Prince Imperial has re-
tpurirnaedcesfrohmealßthagiaanespedrfeeeLtiltychroen.estotaSbtliaChledou.d..
Great
gurma St. forhsh the ap-
de
HatontheereE, ng Ern-
. pbraseepya,raßtiaoensdaure in
Fabaebo g
proaching arrival of Lord Lyons, the new Ambassa-
dor. In order to add additional brilliancy to the
Emperor's Birthday fete, the proprietors of the bal-
loon the " Gcant" are making arrangements for ano-
ther ascension on Friday, the 16th of August, the
day following ; the ordinary prices will be lowered
on the occasion. The " Fetes de Nuit," so often
announced and adjourned, are likely to be given on
the double occasion of the Emperor's fete, and
that of the International, given by the Expo-
sants in honour of the Emperor. The following
details concerning the latter celebration are published
in the Situation. The committee is composed of
41 members, under the presidency of M. le Baron
Millet, and selected from amongst the most cele-
brated representants of the industry of the world.
The fete is now definitively fixed for the 17th of
August, at the Hippodrome. It will comprehend a
banquet, a military concert, a carrousel or exhibition
of equestrian statues, a cortege or procession, and a
theatrical representation. As regards the banquet
the centre of the Hippodrome will be occupied by a
table of honour reserved for the committee, from
which will diverge, like the radii for circle, 30
other tables, the Imperial table being placed at the
extremity of the Grand Axis, and facing the
municipal entrance. The splendid military band
of the Garde de Paris will execute at the
entree of his Majesty the most brilliant pieces
in their repertoire ; and, among others, the overture
which gained for the distinguished leader the triumph
of the Ist of July. At the end of the banquet,
cavaliers and amazons, in military costume, will
execute quadrilles, arranged specially in honour
and emblematic of the nations visiting the Exposi-
tion. The procession will be accompanied by a
number of triumphal cars, each representing one of
the ten groups of the Exposition, and escorted by a
number of cavaliers. The theatrical representation
will consist of a grand allegorical pantomime, com-
posed specially for the fete, and executed upon a
theatre elevated in front of the Imperial table. At
three o'clock the ladies invited will be introduced by
the commissaries into a special tribune, where re-
freshments will be served them. The subscription
list will close definitively on Friday, the 11th inst.
Two commissaries are permanently in attendance
at the Cercle International to receive the na'nes,
which will exceed 5,000.
The Emperor has left for the Camp at Chalons,
the. squadron of the Cent Gardes accompanying
him. The King of Sweden inhabits the Hotel Rue
d'Elysee, belonging to the Empress, and the cus-
tomary residence of Madame la Comtesse de Mon-
tijo, when visiting Paris. The Emperor had placed
at the service of his royal guest, in the event of his
wishing to renounce his incognito, the palace of the
Elysee.
The departure of the King and Queen of For-
tti;al is adjourned to the 16th of August, at nine
in the evening. Their Majesties will spend the day
of the 13th at Bordeaux, whence they will visit
Lisbon, en route for Madrid.
Preparations are actively going
on at the Trooa-
dero for the fete of the 15th of August. Already
the summit of the Grand Escalier is decorated with
an Egyptian. In the lowest part of the Escalier, to
the right and left, on the turf which forms the
y
yomat e doa
most
teto
ebl
elegant
dai
elnirtteadei:wa
:irateheptriene sr
n. eunmAt aetriaobnlse.
great l
amphitheatre, rise two large theatres, which will be
improvement
tTleh se
shops
og
pr
aano df
dathleleve
is about to be brought into the service of the tele-
graph by the use of despatch stamps. This will
give the public the opportunity of affranchisinff
their telegraphic correspondence to the bureau.
either by messenger, post, or by the means of specie'
boxes, which will be erected for that purpose. This
new method will come into operation from the Ist
of January next.
On Thursday last the proclamation for the edu-
cational prizes of the Concours des Lycees of Paris
and Versailles took place. The Minister of Public
Instruction presided. The Prince Imperial assisted
at the solemnity.

corn

PARIS, Aug. 8.
It is always a serious thing to have to refute an
argument held up by those whose position, dignity,
and talent so blind their hearers as to make very
absurd theories look plausible. " Allah is great,
and Mahomet is his prophet," says the faithful
Mussulman, and no one thinks of contradicting
him now. " The English are the freest nation on
the face of the globe," says the Briton, and if that
is not understood it cau be punched into one too.
" The French are kept in fetters and chains of their
own making," declare those who know that this
closes all discussion on the subject of their liberties,
and we have got so accustomed to audacious para-
dox that we are willing to drop every question
ending with the above untruths. We do not yet
see why, after having dropped the cable besides,
that straightforward thing should tell roundabout
stories. No, readers, the cable does not tell the
truth ; it is too deep. 1 am afraid, and as the
Franco American cannot be up to it, it means to be
down on it every time white lies, such as the follow-
ing, are conveyed by it. I copy from all the New
York papers, headed " Cable News," ou July 15th

alt. :

A NEW AMERICAN PROTESTANT Cl/URCII.
Paris, July 14, 1867.
The corner-stone of a new Protestant Church, for the
accommodation of the American residents and visitors in
this capital, was laid yesterday in the presence of a large
concourse of spectators.
At the conclusion of the ceremony the United States
Consul at Paris, John G. Nicolay, gave a dinner, at which
all the principal American citizens now here, and several
eminent European frionds of the United Stabs, wero

present.
In the evening there was a tasteful display of fireworks
in honour of the occasion.
Who is responsible for this? What has the
United States Consul done that he should be

dragged into the Atlantic by means of a dinner or
worked on by a dinner through the Atlantic, as
rhetoricians like best. The truth is that he gave
no dinner ; that a corner-stone of a new Protestant
Church was not laid ; and that the fireworks
alluded to were displayed in the following circum-
stances :—The Fourth of July Celebration having
been abandoned by the news of the execution of
Maximilian, the committee of arrangements had on
hand a few pieces of fireworks which had been
made for that occasion. The chairman of that com-
mittee, Mr. Tucker, one of the leading American
bankers in Paris, obtained permission from the
proper authorities to have these pieces displayed on
the evening of the 13th July, on a vacant
lot nearly opposite his residence. This lot
has been purchased as a site of a French
Protestant Church, the excavations of which were
commenced a few days before, and the corner-stone
of which is not yet reached. The members of the
-nittee, with their families and other friends, were
invited to Mr. Tucker's residence to see the fire-
works. A crowd also collected in the streets, but
the workmen were not " regaledby glasses of punch
distributed by the order of the Consul," as one of the
French journals affirmed. The beautiful front of
the Capitol at Washington was supposed, and an-
nounced in this same French journal, to be the
new American temple." In such
simple social affair possible, of no
fwaigsaedethoef
mthoset
sort of interest to any but the few participators iu
it, is made an event of vast magnitude concerning
the public generally, combining religious ceremonies
with worldly festivities and civic fetes. It becomes
a matter of palpitating interest to know who really
is responsible ; the glasses of punch and American
grogs are, I am certain, not paid for.
But I have not yet done with the Cable, for, con-
nected with iy, and among the recent arrivals in
Paris, I have to mention Thomas Silver, of Phila-
delphia, the inventor of the Marine Engine Gover-
nor, arranged for controlling the motion of steam-
ships in rough seas.
It is not generally known that the above eminent
engineer has ever since 1859 toiled unremit-
tingly in order to discover machinery by means
of which cable can be paid out in any weather.
He has succeeded, but a greater difficulty arises,
that of convincing the learned and scientific that
his method insures security and an immense sav-
ing in expenditure ; consequently, cheap tele-
grams, an essential point, a point completely over-
looked up to this present time.
Any one who has read the report of the proceed-
ings on the Great Eastern when the attempt was
first made to lay the Atlantic Telegraph Cable,
must remember the vicissitudes and accidents it
experienced. How at one time it broke when the
strain rose to 60 cwt., and had to be picked up ;
how often that it fell overboard to the bottom of
the ocean, and had to be lifted up with grapnels ;
how the spur wheel of the picking-up apparatus
flew asunder when 500 fathoms were on board ; how
a little later the drum flew rapidly round and the
other end dived into the ocean ; how the cable was
caught again; but just when all hearts were rejoicing
another disappointment occurred—a swivel pin gave
way as the cable came over the drum, the un-
shackled end leaping into the sea and joining the
cable. Every one knows what next happened ; how,
to the honour of science be it said, despair took
possession of none of the learned staff, and how
ultimate success crownei persevering effort. But,
even when the work was satisfactorily completed,
all offered up an act of thanksgiving that " fair weather
had been granted, without which the enterprise could
not have been achieved." If all depends on fair
weather we must not expect transatlantic cables to
be worked at reasonable charges.
Mr. Silver's paying-out cable machine works
automatically, is never affected by rough seas, lays
down with and against wind, tide, and storm, mid,
if adopted, as it is hoped it will be by Mr. Allan,
when his great project is carried out, we shall soon
correspond with our relatives far West for the small
sum of 10s. The Paris Correspondent in the Franco-
American of last week gave a clear and scientific
description of Mr. Silver's invention, which has
called the attention of the learned to a subject of
such universal interest to the public.
Another piece of seafaring intelligence is that
Messrs. J. W. Tucker and Co. have received a de-
spatch from Mr. 11. Webb, announcing the safe
arrival of the Danderberg at Cherbourg, after a
passage of only 14 days and 17 hours. She had bad
weather and high seas, but proved herself an excel-
lent sea-going vessel. A pity, indeed, it is that the
American Government should have parted with her.
It may be remembered that she was sold to the
Emperor for 15 millions of francs. The builder,
Mr. Webb, has also built two ships for the Russian
Government, and two for Italy. Mr. Tucker left
Paris evening, where his
praersisen
yesterdayho transactions for the
erneeua ut
sale of the Dunderberg having been committed to
him. In my next 1 will give a description of the
for
was Cherbourg
necessary,
r
noble vessel, one of the grandest that ever entered a
French port, and now, alas, hoisting the colours of
qie triumphant tricolor.

Our Homburg Correspondent informs us tha'
of Prussia are at
the forer crowds
gismarck'sm advent he
EnCountfolloweds.
the
re cki
*theyn an, dba
rruti the loßnf
was dogged at every step, and his Majesty was left
in peace. Nobody looked at the Sovereign when
the Minister came on the stage, not deeming the
King of much account. Americans swarm on the
Continent, filling all the hotels, and generally rais-
ing prices. Our correspondent says they univer-
sally exclaim on buying anything,
"How cheap !"
which, we must say, is not the habitual exclamation
of the 'cute Yankee. The effect, our informant
adds, is to enhance prices, for the tradesman natu-
rally objects to sell for less than he can get, and
he would be very obtuse if he did not narrowly
scan the national peculiarities and cure the next
American corner of any delusion that he was buying
a cheap article. We witnessed a dreadful acci-
dent between Coblentz and Frankfort. The high
road runs between the Rhine and the railway, and
as our train was rushing along, the horses in a cart,
in which there were two men and three women, took
fright, swerved off the road, tumbled headlong down
the bank, and the whole party disappeared into the
river. As we swept along we eagerly looked for
the result, but all we could see were one man and
one horse swimming, and a wheel of the cart just

showing above the water. The river ran swiftly a,
this spot, and I fear the whole party must have
been drowned. It was peculiarly unfortunate that
the horses took fright and ran off the road at the
only place unprotected by a railing, and the open•
ing was just large enough to allow the cart to pt.
through. It seemed, too, so horrible that we, who
had been the innocent cause of the catastrophe,
should glide on unmoved and unchecked on our iron
course the silent spectators of such a disaster."
They tell me this place looks different to what it
did formerly, owing to the fearful financial crash
of last year, followed by the railway ruin of this.
So many well-to-do people who used to pay Hom-
burg a visit every summer are now obliged to stay
at home and economise, that the present company
consists mainly of " the residue."
The following fires are reported :—The wooden
bridge of the Rensselaer and Saratoga railroad, near Salem,
New York, was burned on Thursday night, July 25
loss $10,000; other fires have damaged the freight depot
of the New York and new haven Railroad, in the former
city, $3,000 worth, and destroyed T. C. Riley's building on
Main-street at Buffalo, New Ycrk —loss to the owner and
occupants $90,000; Crane, Reed, and Ce.'s coffin manu-
factory at Cincinnati, Ohio—loss
$75,000, mostly insured;
a tobacco factory, a cotton warehouse and other property
in the navy yard at Memphis, Tennessee—loss $150,000 ;
Mears and Bates's shingle mill and lumber yard at Chi-
cago—loss $30,000 ; the principal business portion of Tar-
boro, North Carolina--loss $75,000 ; several stores at Port
Hope, C. W.—loss $50,000; and about twenty houses in
Oliver and Latonville streets at Quebec.
THE AMERICAN LIFE RAFT.--This diminutive
specimen of nautical architecture, which arrived at South-
ampton a fortnight ago, having been navigated across the
Atlantic by throo men in 43 days from New York, has
been a source of great attraction during the present week's
regatta at Cowes, and her Majesty the Queen went along-
side in her yacht and looked at the little craft. The raft
left Southampton yesterday for London for the purpose of
being exhibited at the Crystal Palace. This frail structure
is so made that it can be taken to pieces or put together iu
about 20 minutes.
There has been a great freshet in the Upper

COMMERCIAL.

Mississippi River, the heaviest that has been known since sible it is even for the best informed to speculate with any
1850; and it is estimated that the Minnesota lumbermen 1 degree of security on the future.*
have lost thirty-five million feet of lumber, worth at least The Stock Exchange is active, and notwithstanding the
$350,000. The wreck of the old North Minneapolis heat of the season, and the large number of operators ab-
Bridge has been swept away, and the stone abutment of sent, shows no sign of dulness. Most of the linos have
the Pacific Railway Bridge across the Mississippi at had a continual rise, although there are some exceptions.
Minneapolis has fallen, involving a loss of $20,000. New York Central has steadily improved. Erie Stock is
The Spring field Republican states that " the also in demand, and will, it is said, go above the limit of
Montreal Minerve, the Catholic organ, reiterates its story 80. The dry goods trade continues stagnant, but there is
that it was a Protestant clergyman, now living in a a decided improvement over last week in the confidence
northern city, who originated the idea of assassinating manifested. All look to be relievedfrom the intolerable dul-
President Lincoln ; and adds further that the Minister ac- tress by the splendid harvest. I inclose the latest quotations.
tually made a private ettompt to assassinate Mr. Lincoln. Gold 139, United States Five-Twenties (1862) 109 to
Having gone so far the editor of the Miner ve is morally 1111, (1861) 1091, (1885) 1091, (1865, New Issue) 1081,
bound to expose the assassin, that he may be brought to United States Ten-Forties 1021, United States 7-30 Loan
punishment, otherwise be will himself be justly held guilty 108, Missouri Sixes 105, Tennessee Sixes 671, New York
of complicity in the great crime." Central Railroad 109, Erie 711, Erie Preferred 80, Hudson
The iron Age, of July 25, says the new Postal River 1191, Reading 108, Michigan Central 1121, Michigan
Southern and Northern Indiana 831, Illinois Central 1191,
Convention between the United States and Great Britain,
Cleveland and Pittsburgh 92, Cleveland and Toledo 123,
of which official proclamation is made to-day, and which
Chicago and North-western 481, Chicago and North-
will go into effect on the Ist of October next, provides for an
western preferred 721, Pittsburg, Fort Wayne, and Chicago
exchange of correspondence between the two countries,
106, Chicago, Rock Island, and Pacific 103, Toledo and
British and
also beost-twoffice ageneics een the Uuited States and Bermuda, and tho
Wabash 521, Ohio and Mississippi Certificates 27, Adams
p established in the Danish
colony of St. Thomas, iu Panama, Colon, San Juan, and
Express Company 73 to 74, American 75, Wells, Fargo,
and Co.'s 691, Western Union Telegraph Company 481,
Porto Rico.
A Pacific Mail Steamship Company 1161, Cumberland Coal
number of documents have been published
Company preferred 381, Canton Company 501, Quicksilver
relative to the capture of Santa Anna on board an Ameri-
Mining Company 311, Mariposa Mining Company, 341,
can vessel. The most important is the protest by John
Mariposa Mining Company Preferred 238,805t0n Water
Deaken, captain of the Virginia, who declares on oath that
Power Company 23.
when Santa Anna was taken by force from his vessel, the
Virginia was anchored more than a marine league from
the port of Sisal.
During last week the movements of the precious
metals were of a rather extensive character as regards
the imports, which have amounted to about £1,187,160,
including £231,000 from New York, by the City of Paris ;
£134,400 by the Aleppo, £60,000 by the Hansa, and
£353,030 by the Scotia. The Dover Castle, from Australia,
has brought £132,112; the Douro, from the West Indies
and Pacific, £232,179 ; the Euxine, from Alexandria,
£483 ; the Oneida, from the Brazils, £14,328 ; and about
£29,628 in silver has been received from the Continent.
The exports have been £l,O 0 to the West Indies by the La
Plata, and there have been remittances to the Continent
through private sources estimated at £350,384, the total
amounting to £351,381.
The Springfield Republican tells the story of the

(Front Messrs. Bowles, Dreveg, and Co.'s Circular.)
Paris, August 9, 1867.
Tho tendency to improvement noted in our last circular
continues, and the market has been active and higher.
United States Securities have been largely dealt in at
steadily advancing rates both for speculation and invest-
ment, and the issue of 1862 closes in active request at 831.
Several transactions have occurred in 1865's (daily
becoming better known) at 81k.
Our advicos from New York are to the 6th August.
Gold 140
U.S. Bonds (1862) 1131
The Route closes at 69 421
Tho Italian closes at
Exchange on London 25 171

(From E. F. Satterthwaite and Co.'s Weekly Circular, Aug. 7.)
Our advises from New York, by the Scotia, bear date
the 23d July ; they report a slightly decreased demand for
Government Stocks, but without any noticeable decline
in quotations. The conversion of the 7-30 Treasury Notes
duo this month, continued at the rate of about two millions
daily. In the Railroad Share Market great activity pre-
vailed, and prices were well maintained on speculative
buying; Hudson River was the favow ite stock, and after
touching 121, closed at 120, an improvement of four, and
the latter of two dollars per share.
State Stocks were in good demand, and first-class rail-
road mortgages were readily taken at enhanced quotations.
Gold had been steady during the week, ranging from 139
to 140.

sad suicide at Monson, where a Japanese student hanged
himself :—Ashiwara, one of the six Japanese youths who
have been pursuing their studies at Monson for several
months, committed suicide by hanging, on Sunday even-
ing. He was last seen alive about half-past 8 o'clock p.m.
on that day, not far from the place whore his body was
found, and probably committed the act of self-murder soon
after. His absence from his boarding house all Sunday
night roused suspicion and alarm for his safety, and on
Monday search was commenced by a number of the citi-
zens, and about 8 o'clock in the evening, 24 hours after
his appearance, his body was found suspended from the
limb of a tree in a retired spot about a mile east of the
village, and a little distance from the highway. Beside him
on the ground lay his hat, coat, and umbrella, and around
his neck was tightly knotted a strip of cotton cloth which
ho had taken with him from his house, showing that the
act was one of mature and deliberate premeditation. His
watch was found going, and his money safe, and all the con-
tents of his pockets undisturbed. His last walk on Sun-
Lday:evening last was taken alone, an unusual circumstance
or the Japanese, as they generally go out in groups of
three or four, or quite often the entire six take their strolls
together. Ashiwara also was gone horn home for a long
time on Saturday on a similar solitary excursion, and
doubtless then meditated the act of suicide. His body was
immediately removed and the remains prepared in the
Christian order for burial, his countrymen assisting in the
sad offices. Tho cause of the act was undoubtedly ex-
treme depression of spirits, resulting principally from a
chronic disease which had for many months afflicted him,
and from which there was little or no hope of relief. The
dejection and melancholy may have weighed upon the un-
fortunate man so heavily as to produce during the last
days of his life positive insanity, though from his mild and
retiring disposition it would not have been of very decided
manifestation. Ashiwara was about thirty years old, and
left a wife at his home in Yokohama, whence he came by
by way of San Francisco, arriving in Monson in Novem-
ber. He was sent directly to the care of the Rev. Charles
Hammond, principal of the Monson Academy, by the
Rev. Mr. Brown, the American missionary, while his
comrades came from Nagasaki, by way of London,
ultimately to Monson, but under different patronage.
The deceased Japanese is spoken of by his instruc-
tors and acquaintances at Monson as a man of
true and unusual nobility of character, and industrious and
faithful to his duties. Ho was sensitive to the last degree
on all points of honour or personal reputation, and during
his stay in this country bad woe tho esteem and sincere
regard of all with whom he had come in contact. During
the first few months of his residence at Monson, he was
often oppressed with home-sickness and earnest longing for
his native land, but bad lately seemed to overcome in a
great degree those feelings and appeared quite contented.
The Rev. Mr. Brown arrived at New York on a return
visit to this country only a day or two since, and has boon
summoned to Munson by a telegraphic despach for con-
sultation as to the disposal of the body of Ashiwara. This
death among us of the stranger student from the other
side of the globe, thousands of miles away, is a most sad
event, and doubly painful from its peculiar and impressive
circumstances.
CALIFORNIA WILEAT.--The importance of Cali-
fornia as a source of supply for a superior quality of wheat
is just beginning to be felt. This season, for the first time
in Now York, there is a market for the San Francisco grain
merchants. From a letter from the latter city wo learn that
the crop this year is not far from 7,500,000 bushels, and up
to this time, since July 1, there have been exported
2,022,591 sacks of 100 pounds each. The stock now in
store in San Francisco is 1,500,000 sacks, and estimate
1,000,000 sacks in the interior, making 2,50),000 sacks, or
7,500,000 bushels. The season is very propitious, and tho
crops to be harvested next July will reach fully 12,000,000
bushels, not including some 2,000,000 bushels of Oregon
wheat. California wheat, it is to be understood, is, owing
to the peculiarity of climate, the best in the world, and is
produced at relatively less expense than elsewhere. The
soil is very prolific, and thirty or forty bushels per
acre is not a large yield. It is the climate, however, which
facilitates the work of the farmer. Thet rains usually
commence in October, lightly ; in November they aro
generally heavy, which soaks the ground completely and
prepares it for the plow. The grain is then got in and the
rains continue through January and February very freely ;
they then are loss f.equont and heavy, generally ceasing
altogether in April. From that time to the Ist of July the
grain gets no water. It results that the grain ripening in
tho midst of drouth, becomes very hard and free from mois-
ture. It is then cut and left in the field without any
danger of rain until October. It is gradually harvested
and sent in sacks. Owing to its dry nature it never heats,
never requires rehandling, nor does it require to b 3 reshel-
tered, thus saving a great expense to the firmer. The
same qualities of wheat make the flour fit for any voyage
and for any climate without the least danger of spoiling.
Where the wheat is first introduced it is supposed to be
hard, flinty, and very dry. When used alone many millers
damp it to make it more easily floured, but mixed with
other wheats no difficulty is encountered in treating it."
A SINGULAR ACCIDENT.—A few days ago, while
ono of the clerks in the Now York Post-office was stamp-
ing letters to be sent by mail, he was much frightened by
an explosion occurring. A part of a letter he was stamp-
ing was blown away, and his hands wore slightly burned
and his face scorched t y powder. For a moment ho sup-
posed that an infernal machine had boon placed in the
letter, but as no very serious results ensued he regained
his self-possession, and took the letter to Assistant Post-
master Norton. He recognised the card of a respectable
firm on the outside of the letter, and sent for an explana-
tion, which was readily given. It appears that a gentleman
wished to send some percussion caps to his boy who was
in the country, and without considering the liability to
accidents mailed them in a letter. Tho result was as above
1 stated.—N. I'. Post.
,ass

Money continued abundant at from four to six per
cent.

RAILROAD TRAFFICS.

The Now York Commercial Chronicle, of 27th July, gives
tho following with regard to railroad earnings :
The results of the second quarter of the current year
compared with those of the corresponding quarter of 1866
aro shown in the statement which follows :-
1866. 1867. 1866.1867
Railroads. Gross earnings. Ear.p.mosn. in.Decs.
8 $

Atlantic and Gt.
Western -
Chic. & Alton 970,643 966,313 3,466 3,461 - 15
Chic.&GLEastern 341,256 280,286 1,219 1,001 - 218
Chic. &N. Westn. 2,275,944 2,406,744 2,205 2,102 - 103
Chic. Rock Island
and Pacific 925,400 793,679 2,257 1,936 - 311
Erie 3,498,709 3,458,014 4,384 4,462 78 -
Illinois Central 1,518,534 1,394,230 2,187 1,970 - 217
Marietta and Cin-
cinnati
Michigan Central 1 044014 981,712 3,663 3,445 - 218
Michgn. Southern 1,228,560 1,051,996 2,344 2,007 --337
Mil. &Pr.duChien 637,742 321,193 2,724 1,372 -1352
Milwk. & St. Paul 611 507 644,735 2,223 2,199 - 24
Ohio & Mississip. 814,477 807,803 2,395 2,376 - 19
Pit. Ft. W. & Chi. 1 915 983 1,660,115 4,091 3,547 - 547
St. L. Alt. &T. m. '503:099 515,263 2,395 2.459 64 -
Tol. Wab. & Wes. 912,424 950,940 1,751 1,829 78 -
Western Union 232932 159,121 1,316 899 - 417
-

---
Total 2d qtr. 19,123,37617,939,672 2,639 2,446 -
Total Ist qtr. 16,231,753 16,071,818 2,241 2,192

THE END AT LAST.

NEW Yong, July 27.
The California steamer arrived on Sunday with '
$1,162,000 on board. The import up to the present time
is $5,776,076 less than for the same period in 1866. Money
continues easy, and the accumulation goes steadily on.
Advances can be readily obtained on Governments at 3 to
4, and on Stocks from sto 6. First-class paper is scarce,
and sought for by banks and lenders at short dates at from
6to 7 per cent. The idea is that trade will become more
active in the fall, and the demand for accommodation in-
crease. The Government notes maturing in August will
help to increase the supply and circulate some of the large
surplus now accumulating in the Treasury. The re-
ceipts from Customs have risen from $300,000 up to
$500,000 per day, and as these sums are taken in gold, a
healthy check is kept on the room, the operators fearing to
push up the premium, as it might bring in the Treasury
as a seller. On Monday it touched 140, but closed on
Friday at 1391. There was some little excitement at the
receipt of warlike ncws from Europe, but it was not main-
tained, and wo aro beginning to got used to this cry of
" Wolf " by our news agent on the other side of the
Atlantic. American silver sells at 6to 7 cents below the
price of gold. Mexican dollars aro worth 1031 to 103} in
gold. Foreign exchange is quiet, and as the supply of bills
is liluited the rates are maintained. There seems to have
been a son, of panic in mining stooks at California, and
the mining share market at San Francisco shows a great
falling off in price. Here mining stocks are in fair demand,
and a good business is doing in the better class of Colo-
' redo at remunerative rates. Petroleum stocks are also in-
, piked for, and as the price of oil has risen the market is
becoming active. Government Funds advance steadily,
and the advance is supported by a sound demand, princi-
; pally for the 5-20 Bonds. The Government are issuing
them in exchange for the Ist Series of 7-30's. The State-
ment of the Public Debt will, it is said, when it comes out
in August, show a decrease of two or three millions, which
will belie Mr. M'Culloch's expectations when he wrote his
letter. to the Boston merchants. This shows how impos-

mittee knows, and that the efforts of the minority
have for the last six months been directed simply to
making up in bulk of evidence for what was lacking
in quality. When this movement was first started,
nearly a year ago, we attempted to show why it
ought not to succeed, and we prophesied that it
would not meet with any popular favour, although
at that time the country was seething with excite-
ment, and the penalties of differing from Messrs.
Stevens and Boutwell on any public question were
heavier than they are are now. We have never
since then abated one jot of our confidence in the
popular good sense with regard to it, in spite of
many vigorous remonstrances from excitable sub-
scribers, and the result has fully justified us. So,
too, when shortly 'after the Nation was started, we
ventured to controvert the theory which was set
afloat in Massachusetts, that the Supreme Court
could be got to establish negro suffrage by declaring
all governments to be non-republican which made
electoral discriminations based on colour, we in-
curred some obloquy for taking such a cold, heartless
view of the powers of the court in opposition to such
weighty authorities as Messrs. Boutwell and Sumner,
and we forget how many others of like respecta-
bility. We were not shaken, however, and we have
lived to see this same Court decide against Mr.
Boutwell's whole plan of reconstruction, and see
him denouncing it with his usual fervour and
threatening it with abolition for its perverseness.
We have not the slightest doubt that the confisca-
tion scheme will meet with the same fate as the im-
peachment scheme. The knowledge of history and
of legislative science may not be very widely dif-
fused amongst the American people, but the sound
common sense, the feelings, hopes, and sympathies
out of which the lessons of history and the princi-
ples of legislative science are drawn, pervade all
classes and conditions, and any writer or speaker
who holds to these lessons and principles firmly may
feel right well assured that even if his path should
temporarily diverge from the popular path, he will
not fail to come out in the end in the same place.
Speaker Colfax told the story of reconstruction
to the crowd under his window on Saturday night,
in Washington, in fewer words and with more force
and effect than we have ever seen it told, and it is a
story which does infinite credit both to Congress
and to the people. The process has now lasted two
years ; it has been marked by much foolish speak-
ing, no doubt, and much waste of time, but we
doubt if it would be possible to point to a legislative
process in any age or country of equal intricacy and
gravity which has been marked by so few mis-
takes. The essential facts of the case were, when
the war closed, little known ; they were infinite in
number and variety, and they had been complicated
by Mr. Johnson's premature and unwarrantable
interference. Every step taken, therefore, at the
outset, had to be tentative. Nothing positive was
done till the South had fairly recovered its self-
possession, and had revealed its real spirit. This
spirit was then met by a minimum of coercive
legislation. The Freedmen's Bureau Act and the
Civil Rights Act were the least that could be done,
if anything was done at all, to secure to the negrocs
not political rights, properly so called, be it re-
membered, but the common rights of humanity ;
and the Southern States were offered, in the Con-
stitutional amendment, conditions of restoration in
which the North exacted nothing whatever as a
victor in a bloody struggle. It.. simply asked the
South to adapt its political organisation to the
alterations in its social organisation. The South,
acting under the advice of Northern Democratic
politicians—perhaps the shallowest politicians which
any country or age has ever produced—refused this
offer with much bombast and rant. A whole year
was then taken for the next step, and this next step
was to arrange machinery for bringing the South
into the Union nolens volens, not as a slave or a
vassal, but with every form and guarantee, right
and privilege, which has ever been found in, or
suggested for, a free government.
Affliction and disappointment have, beyond a
doubt, reconciled the Southern whites to their fate,
4nd this time the revolted States will qualify for
readmission, and will be readmitted. The duty of
the Northern people in the meantime is clear. They
ought, in the first place, to embody in their own
legislation the principles they are forcing on the
acceptance of the South ; in the next place, bear
with patience and good temper any capers which
Southern politicians may be pleased to cut while
coming back to their old places ; in the third place,
devote themselves strenuously during the next ten
years to the work of education. If the experiment
of freedom and equality should not end well in the
South, it is ignorance that will cause its failure.
What the blacks as well as the whites need is not
land but light, and this no expense or labour ought
to be spared to supply, and the more' demagogues
rave and rant, the more car-loads of teachers and
books we ought to send off. Every time Governor
Perry makes a speech, a dozen fresh schools ought
to be opened with Northern money. Every time
Wendell Phillips calls for forty acres of land and
a nomination for the Vice-Presidency for ever/
black head of a house, a ton of school books, besides
periodicals, ought to be ordered and despatched•
Of this work we cannot do too much, and in it We
cannot waste or go astray.
ie

The total length of the above railroads having been in
1866, 7,24 A, and in 1867, 7,331 miles.
With regard to the quarterly summary, the result is a
decrease in earnings, as compared with the 2d quarter of
1866, to the extent of 6193 per mile of road operated, and
since January 1 the decrease has been $242 per mile.
This is about 5 per cent. on the aggregate.
These results are better than were anticipated, and the
loss has probably been balanced by reduced expenditures.
If this has been the case, the not earnings will not be in-
jured, while the coming half year is full of promise, and
may, from increased business, fully make up the gross
totals of the railroad year 1866.
We have to report a steady business in the London
market for American securities. United States Govern-
ment Bonds have been taken for home and continental ac-
count, where, as well as at home, there seems to be a grow-
ing disposition to look favourably on them as a permanent
investment; this, coupled with higher quotations from
New York, has advanced the price about 4 per cent., the
1862 issue closing 731 to 1, and the 1865's 724 to 4.
Illinois Central shares have been steady during the
week, and at 771 to 774 exhibit an improvement of nearly
$1 per share. In Eries there have been some marked
changes ; after being taken last week as high as 49, they
declined on telegraphic prices to 44 ; but to-day there has
been a decided reaction, and th'y close 46 to 461. There
has been inactivity in railroad bonds of all descriptions
since our last, and they remain without change in price.

* A telegram from Now York, dated August 6, informs
us that the debt is $,2,511,000,000.

(From the Nation.)
We presume the work of reconstruction, so far as
Congress has to do with it, is now over. This tim,
there is no mistake about the meaning of the Re
construction Bill. The military commanders arc
fairly installed in possession of the supreme autho-
rity in the districts assigned to them, and the Pre-
sident is more powerless than ever he was, for he
has fired the last arrow in his quiver. He has said,
it is true, that he will never " willingly execute" the
law—a speech which threw Mr. Boutwell into a
state of great excitement, and made him call more
solemnly. than ever for impeachment ; but then if
presidents were to be tried and deposed for not
we fear hardly any exe-
cuting laws " willingly,"
presi-
dent would reach the end of his term, because at
least one law is passed in every term which the
46 chief magistrate" would rather not enforce. The
mass of the public, we think, will be perfectly satis-
fied if he executes the law at all, and has given up
caring greatly what his state of mind is. His last
two communications to Congress, particularly the
one in which he suggests the possibility of Congress
having to assume the whole debt of the Southern
States as the legal consequence of its interference
with the work of reconstruction, were too foolish
to make it worth anybody's while ever again to fol-
low the course of his thought with either interest or
anxiety. As long as he seemed a bold and desperate
man, as he undoubtedly did when he first began
the game of vituperation in the spring of
1866, his manner of looking. at public questions
naturally was of considerable importance. But
the course which Congress has ever since pursued
has so cooled his courage that we really believe him
to be at this moment one of the most inoffensive men
in public life. As a general rule, when a president
announces that he means " to take the Constitution
for his guide," as Mr. Johnson has so frequently
done of late, he means that he intends to pursue a
perfectly harmless career. The South, too, has by
this time given up depending on him. No doubt
there was a good deal of mischief done at first by
his exposition of his views, but the extent of his
powers is now known to everybody, and whatever
hates or hopes Southern men may cherish they
certainly have ceased to rely on Andrew Johnson
for the means of gratifying them.
We have no doubt impeachment is by this time
an unpleasant subject to a large and respectable
body of members in both houses of Congress. In-
deed, we know from Mr. Stevens himself that he,
at least, wishes he were never to hear it spoken of
again, and we feel sure that many other members
are equally sensitive. We therefore refer to it
with considerable reluctance, and without the least
desire or intention of wounding any gentleman's
feeling. But we owe it to ourselves and to the pub-
lic to mention that the affair has ended very much
as we expected it would end—in rather ridiculous
failure. The longer the investigation lasted, the
louder were the promises of the inpeachers
and the smaller their performance. The com-
mittee has quarrelled .a good deal, and indulged
in much open recrimination ; but in spite of
their quarrelling none of their " startling revela-
tions" have ever reached the public. We venture to
repeat the assertion which we have already several
times made, that the public knows now as bad
things of the President as any member of the com-

COUNTRY MARKETS.

LIVERPOOL.—FRIDAY.
There was a good attendance at to-day's market, Audi
with a good consumptive demand for wheat, we quote tb
rise of ld to 2d per cental on the rates of Tuesday last.
Flour also was in good request, at former rates. BarleY
and malt unchanged. Oats and oatmeal steady. lnditlu
corn in good request, and prices improved 6d per qr.

LINCOLN.—FRIDAY.
A fair supply of wheat. Trade steady, and late POI
were fully supported. Barley was a scarce show, an
readily made higher rates . For oats there was a fair de-
mand, and unchanged in value. Beans were stoadily
posed of.
New white wheat, 70s to 76s ; now red, 68s to 7081)4°36
stone. Barley for malting, 49s to 54s per qr ; grindiat
35s to 37s per 30 stone. Oats, 29s to 355. Beans, 476 to
50s per 38 stone.

S TAMF ORD—FRIDAY.
We hal about the usual show of wheat to-day, but the
business done was limited, at former currencies. Bola,
was in small show at high prices. Oats no higher than '
late. Beans firm, but a moderate show. 86
'
New white wheat, 68s to 75s ; red do., 63s to 70s per
stone. Barley, malting, 40s to 50s • grinding, 27s to 3°
'
per qr. Oats, now, 28s to 33s ; old, 30s to 32s per 24 stone
Beans, 46s to 54s per 38 stone. Peas as of late.

DERBY—FRIDAY.
There was a moderate supply of wheat on offer to-dll,l'
and last week's prices prevailed. A small show of burl?'
and trade firm at slightly improved rates for best kill:
Beans in short supply, at the extreme rates of last vice
Oats were steady. Peas unaltered. 36
Now white wheat, 62s to 755; do. red, 56s to 65s Pa, e
stone. Barley for malting, 40s to 48s per qr. ; grind'%;
33s to 34s per 30 stone. Oats, new, 26s to 34s ; old, 345,5,4
36s per 24 stone. Beans, old, 58s to 60s; new, 38s to
per 38 stone.

WAKEFIELD.—FRIDAY.
At our market to-day English wheat meta quiet de day.
and the business done was at the rates of last Ifridoi
Other articles rather dearer. Weather fine.

BRISTOL SUGAR—FRIDAY.
There has been very little demand for sugar doril36
the week, and prices must be quoted rather easier.

Births.
KENNARD- On the 7th inst., at Southlands, Godstone,
tli
wife of Adam Kennard, Esq., of a son.
MArnirsa--On the 7th inst.. at Hardwick Lodge, Cher
stow, the wife of W. W. Manning, Esq., of a daught°,":„
SAUNDERSON - On the 7th inst., at Seafield House, /Joni
town, county Dublin, the wife of Edward Saunders°
Esq., M.P., of a son.

Marriages.
BRONE —PLomEn, —OR the Bth inst., at St. naru`—‘
W ell
Kensington, George 11. Browne. Esq., of 31aidenoreot
House, Lincolnshire, to Catherine Laura, Vu 13§13.
daughter of the late T. Plower, Esq., of Liunburn,
NIEMANN—FRY—On the Bth inst., at the parish cbliretir.
Hayes, Kent, W. 11. Ferdinand Niemaun, f Sy,
rise, Forest-hill, Kent, Esq, to Joanna Harriet, tb
'
daughter of J. 'l'. Fry, Esq., of Barston Hayes, Kent

London : Printed and Published by WILLIAI ANDO it%
of No. 112, Strand, Printer, at THE SUN aelice, 10* °
Strand, in the Precinct of the SP voy, in the Cu
Middiesn.—Saturday, August 10, 1807.

Deaths. A-•
22,
CALDER—On the Bth inst., at Upper Woburn-place,
Calder, Esq., aged 83.
FULLER—On the Bth inst., at Pomeroy, near Honitool
Devonshire, Henry A. Kenyon-Fuller, Esq. sce,
GUBBINS —On the Bth inst., at 51, Westbourne-terr
Hyde-pick, Sarah, widow of Lieut.-Colonel GubbliP
C. 8., aged 75. . kr t
WILWAINE—On the Bth inst., at 28, Westbourne-Pa
WinALL—On thellwaine, . M' Esq., Captain•
R.N., aged 68.
RAND 7th inst , at South ampton, Edward IS.
Randall, Esq., aged 73.