The Sun.
London, England, 1866-11-24 00:00:00

GEN. GRANT AND THE PRESIDENCY.

A gentleman of this city, an intimate personal
friend of General Grant's, called on him in Wash-
ington not long since. His purpose was to get the
influence of Gen. Grant with the President in rela-
tion to an office in the city. Gen. Grant told him
frankly that his name would be of no service to him,
but an injury. He said he had solicited very few
favours of the President, and to them no favour-
able response was returned. He said that one day
Mr. Johnson spoke with him in relation to it. He
said to General Grant :—" You say that you are
not a candidate for the presidency. Now promise
me," said the President, " that you will not let
your name be used in connection with that office,
and I will grant you any favour in my power to
bestow." To this Gen. Grant replied—" Mr. John-
son, lam not a candidate. But suppose the peo-
ple insist upon making me one, what can I do ?
And, besides, Mrs. Grant has been recently looking
at the White House, and thinks she can run that
establishment quite as well as it is run now. And
you know, Mr. President, that these women will do
prettydecide
dim; cohbre
object
theyto please
giving any such promise."
The d Mrs. Grantromwiosueld
The President looked as if he did not understand
exactly whether this was in jest or in earnest.—
New York Letter.

..............
A SET-TO OF GENERAL BUTLER AND THE NEW YORK

--
--r
There was a meetinit;iunGtuhse. City Hallp-ak,
New
York, Saturday afternoon, in support of Horace
Greeley as candidate for Congress in the fourth dis-
trict. General Wallbridge presided and made a
speech. When Gen. Butler attempted to follow
him tile Democratic roughs in the crowd began such
hooting and howling that he could not be heard.
The General waxed wroth, took off his hat and
coat, and persisted for half an hour in the attempt
to speak, but succeeded only in expressing his just
indignation in a few Butlerian sentences. Some
of the words, caught by the reporters, but chiefly
lost upon the crowd, are thus reported :—General
Butler said it had been tlais spirit of misrule
which brought on the terrible war. There
were doubtless within the sound of his voice
men who fled from the South for protection dur-
ing the war, and are now endc4'.vouring to bring on
anarchy. The honourable men of New York would
not wish to interfere with the f.ghts of the minority.
Wherever the Republican 7,,,arty exists, even in
Georgia, free speech is tolerated, except in the city
o f New York. If this is. the Democracy of New

York the sooner it is wiped out the better. Orga-
nised bands of thieves, with their arms deep in the
public plunder, were before him. While one may
pardon the poor hirelings who do their master's
bidding, we will hold the leader guilty. He charged
the scene upon Mayor Hoffman, who would follow
Governor Seymour out of office. The men who are
now howling were in 1863 burning and hanging
negroes. You poor fools, he continued, I have faced
your superiors inlßaltimore and New Orleans. I
have hung your betters. If you do not behave your-
selves I'll have the pleasure to see you hung. Do
you think lam going to flinch ? Do you think you
are the equal of the negro ? You are not to over-
power free speech and free thought. Men of the
Five Points ! thieves and frequenters of the tombs !
I declare you are not worthy of the elective fran-
chise. He said the crowd was composed of the paid
hirelings of the Democratic party, who are paid so
much a week to suppress free speech. No higher
spectacle could be presented why Governor Fenton
should be elected than this. If there was anything
that could be urged in favour of a despotism, and
against the rule of the minority by the majority, it
was such a scene as that before him. It would take
but a few demonstrations of a like character to make
the great Republican party become disgusted with
the free elective franchise. General Butler was then
asked to go on and give the ruffians what they de-
served. He replied: "No, no, fellow-citizens, I
will not play the blackguard ; I am not a president
or a vice-president, and cannot go into any dis-
cussion with an angry crowd." The crowd con-
fronting General Butler was composed of the most
villanous-looking roughs of the Five Points. As
the General was about to take his seat, an apple was
thrown, which bit him, and he coolly took it up
and ate it. The roughs succeeded in preventing him
from making his intended speech, but the courage
with which he faced them and the vigour with which
he denounced them were quite as effective as any
speech.

COMMERCIAL INTELLIGENCE.
(From our New York, Correspondent.)
NEW Yonx, Nov. 10.

I forward you Secretary M'Culloch's statement of the
Public Debt, ending 31st October, which is generally con-
sidered excellent in almost every respect. The debt is re-
duced by 622,026,935, and it shows that we are gradually
returning to specie payments. Nine millions of green-
backs have been withdrawn, and it is expected that four
millions will be taken out of circulation every month.
Nearly all the short-time obligations have been extin-
guished, and the compound interest notes are being drawn
in, and this is being done without the extra issue of fifty
millions in greenbacks authorised by Congress for the
purpose. Some twenty millions also of 7-30's have been
converted during the month into 5-20's.
Secretary APCulloch makes this statement of the Public
Debt on the Ist of November:—

Debt bearing Coin Interest.
Five per cent. Bonds $198,091,350.00
Six per cent bonds of
1867-68
Six per cent. bonds of
1881 283,739,750.00
Six per cent 5-20 Bonds 823,944,000.00
Navy Pension Fund 11,750,000.00
Total
Debt bearing Currency Interest
Six per coat. Bonds 59,882,000.00
Three-year compound
interest notes
Three-year 7-30 notes 724,014,300.00
Total - $882,408,440.00
Matured debt not presented for payment 36,988,909.00
Debt bearing No Interest.
United States notes 5390,195,785.00
Fractional Currency
Gold certificates of de-

posit
Total

Total Debt 52,681,636,966.00
Amount in Treasury
Coin
Currency
Total ___- 130,326,960.00

Amount of debt, less cash in Treasury $2,551,310,005.00

Government Bonds continue steady and at a slight ad-
vance. The Now Five-Twenties not long since put on
the market at 108 are now at 110. It should be remem-
bered by thoso who wish to convert Seven-Thirties of the
first series into Five-Twenties that the interest on the
former is credited from August 15th, 1866, to date of con-
version at 7 3-10ths per cent., and that the interest on the
Five-Twenties is charged from July Ist, 1866, to the date
of conversion at 6 per cent., the difference in interest
being received in currency. The excitement created by
the elections early in the week had an influence in finan-
cial affairs. There is now, however, a reaction. Already
the money market in New York is stiffening under an
active demand. Six per cent. is the usual rate for loans,
though they can be obtained on Government Securities at
5 per cent. At Boston money continuesvery plentiful ; the
supply being greatly i 3 excess of the demand, and rates are
no higher than in New York. At Chicago also the market is
easier, while at Cindnnati the demand is active, though
the rates aro comparatively not high. In view of the in-
creasing demand for money in New York speculators are
acting with caution. The long-predicted rise has not
yet taken place, and purchasers now begin to doubt the
prophecies of the " bulls." There can be no doubt, how-
ever, that the market is becoming sounder as we gradually
withdraw the inflated currency. It is not to be expected
that this can be accomplished without some suffering, and
those who continue to operate in the face of the natural
return which is surely coming to specie payments must
lose considerably. Gold is quiet, and may ho quoted at
about 147. The exports of specie are increasing, and
amounted to $947,445 last week.
The imports have fallen off, only $lOO,OOO having ar-
rived in the same period. The gold disbursements of the
Treasury department to cash the November coupons have
had little perceptible effect upon the market. Business is
generally dull, in contrast with the activity with which
the full trade opened. The imports at New York for the
week and year are $3,947,056 and $259,360,266, against
$5,023,370 and $166,247,957 ; and the exports, exclusive
of specie, $3,093,780 and $172,462,016, against $6,127,156
and $145,527,332.- Foreign exchange is quiet at 1091
to 109 f. The produce markets have fluctuated consi-
derably, and the strong upward movement in corn and
Wheat has ceased, for the moment, at least. Cotton re-
mains quiet at 38c. to 40c., and no prospect of immediate
advance. The railroads earned less in October than was
expected of them, but several make good exhibits, as fol-
lows : Toledo, Wabash, and Western, $436,065, an in-
crease of $60,531 from last year; Michigan Central,
$493,640, increase $2,946; Milwaukee and St. Paul,
$416,138, increase $20,559. Other roads show a falling
off; Milwaukee and Prairie du Chien, $257,471, decrease
$53,124; Marietta and Cincinnati, $39,568, decrease $464.
The paper money inflation in Canada is going on with
rapidity. There are already nearly $1,750,000 of pro-
vincial notes in circulation.