The Sun.
London, England, 1868-08-24 00:00:00

THE SUN, LONDON, MONDAY EVENING, AUGUST 24, 1868.

WOMAN AND NEGRO SUFFRAGE.

(From the Anglo-American Times.)

What we like about the Revolution is its consis-
tency. It may be said it is not consistent in poli-
tics ; for it has tried both the Republicans and the
Democrats, and thrown each over. But the reason
is, that it found in neither the principles it advo-
cates, to which it adheres, and not to party. The
main plank in the platform of the Revoliction is
universal suffrage in its broadest meaning—white,
black, man, woman. Although we do not believe
in universal suffrage, those who do stand on that plat-
form are bound to the same broad view, for it is a
misnomer to call that universal suffrage m hich ex-
cludes two-thirds of the people. Miss ANTHONY
maintains that white-man suffrage has been a
failure. " Man has exhausted his power to save,
and saved nothing, not even himself ; he has tried
to found a republic and failed, ignominiously failed.
He planted it like Lisbon on a volcano, and the
war-quake shook it down. He has tried for more
than three years to rebuild,.to reconstruct, and failed
again ; indeed, his last state is worse than the first,
if possible." Miss ANTHONY considers that the great
political parties, while pretending to save the coun-
try, are only endeavouring to save themselves, but
destroying each other and it ; and the sooner their
power is broken the better for themselves, their
country, and the world. Her cure-all is Woman
Suffrage ; but though doctors may agree that the
patient is in a bad way, the remedy is the point on
which they dispute. We repeat what has often been
said to the Editors of the Revolution, when they in-
dict man and show his shortcomings, that " women
are no better." Indeed, the only answer is, " You're
another." From the whole history of creation man
cannot point to a single instance in which his go-
vernment has attained to anything approaching
perfection. Had we to look for the best, so hope-

less would indeed be the task in the old and well-
known countries of the world that we would seek

or it in those of which little is known, such as

the ancient Government of Peru, that of Japan
or Paraguay. If what was good in these
Governments proved to be due to the multi-
tude of men having as little control as possible,
we would be compelled to confess that Miss ANTHONY
is not far from the truth. But then back again we
come to the remedy ; and it is here we differ.
The Revolution would cure existing evils by doing
that which in our opinion would add to the evils,
for what we assert is that corruption increases in pro-
portion to the exercise of the ballot by those not
fitted to use it. The evils of the United States are
mainly owing to the impossibility of making educa-
tion keep pace with immigration. People strive
for material wealth ; and one of the main elements
of that wealth to those who have property in

the country is increase of population. The United
States thus influenced encourage immigration, and
could they draw off the better classes from foreign
lands the result would not be so injurious. But
emigrants as a rule (to which there are many ex-
ceptions) are the thriftless, the unstable, and the
dissolute, who have neither been educated to
understand the privileges accorded them in the
Union, nor possessed of that true patriotism
on the instinct of which the country may rely.
Americans do not attempt to disguise the fact that
the result has not been encouraging, and many of
them look with curiosity on the course taken by
England, predicting here a speedy increase of corrup-
tion, and consequently of bad government. PARKER
PILLSBURY, writing of the Southern tone and tem-
per, says that " the South, seeing no conscientious
regard for justice and truth in the North, spurns
any such sentiment as foolishness for herself. Met
by force, she threatens force. Ruled by men in
several of the States who would be denied the right
of suffrage in some of the Northern and all the
Middle and Western States, she must, of necessity,
feel most bitterly humiliated and degraded. And
so she opposes or threatens to oppose, force to force,
encouraged both by the attitude of the Democracy,
led by HOTSPUR BLAIR, the nominee for Vice-Pre-
sident, and the unscrupulous disregard of all
honour, fairness, and right of the Republicans on
the question of coloured and woman enfranchise-
ment." He alludes to the speech of ex-Governor
PERRY to ratify the SEYMOUR-BLAIR nomination in
South Carolina, who said—"lf the Radicals succeed,
our Republican system of Government is gone for
ever. A military despotism will be established all over
this continent, or a civil war will ensue more bloody

and desolating than any which has ever decimated
the earth." General WADE-HAMPTON has spoken

in tones even more bellicose, and Mr. PILLSBURY sees
the only remedy in the formation of a new party,
which the Revolution has urged since the Demo-

cratic nominations were made. Again, he says
" The papers on Monday (August 3) almost sme.

of blood, and the scene grows worse and worse. The
present prospect is, that the Presidential contest
must become a wholesale tragedy before its termi-
nation. The voice of the South is still for war, and
Northern counsels are doing little to appease it."
In Louisiana attempts have been made on the life
of a negro by coloured men because he advocated
the Democratic ticket. Bands of anti-Unionists
have in two months committed 150 murders, and
rebels are organizing to drive the Union men from the
State. A riot occurred in Arkansas between the
white Conservatives and the black Republicans.
The I?,ichmond Whig, speaking of a servile war,
writes :—" If such a war must come, let it come
quickly ; the South wants peace, and if it is now
required to wade through a sea of blood to reach it,
the sooner commenced the sooner ended." We may
here add that intelligence has just been received of a
riot in Richmond, in which two negroes were killed.
Such is the undisguised tone of many Southern
journals and men of influence. But although the
indications are not encouraging, things must
be infamously mismanaged at the South by the
leaders of the Republican party and by the
Legislatures if the country be permitted to drift into
such a war ; and no small share of the blame will
rest on the Democrats. The New Orleans Times,
in its reports of the proceedings of coloured club
meetings, states that it had received several com-
munications asking whether Negro Clubs will be
permitted to act with the Democrats in the coming
compaign. It answers that their services will
be cheerfully accepted, and positions assigned
them in the demonstrations to overthrow the
" carpet-baggers" and "scallaways," advising them
to lose no time in organizing. " The worst use
you can make of a man is to hang him," or, we
may add, to shoot him, and while the Southerners
have such pliable material to mould it would be
simply disgraceful should they resort to such a method
of coercion. The men of property and influence in
the South have hut to,, use their advantages and
wait, to break down the power of these political
adventurers. What the Southerners have to do is
to prove who the true friends of the negro are by
their acts, and the race will quickly recognize the
fact. But surely the way is not to threaten a war
of extermination, and some latitude may be allowed
and something borne from the ignorance of men
who but yesterday were slaves. Freedom was
thrust on the negro, and he as well as his former
master is compelled to accept the position decreed
by a greater Power, whether for good or for
evil, and it would be wise to do so in union and
n silence. The negro may find it to be his interest
in politically strengthening the hands of his former
master, and it is unquestionably the interest of the
Southerner to make him believe this, and to keep
rigid faith with him in such belief. This is the
true solution of the Southern difficulty, and that one
to which circumstances will compel all parties to
resort to escape disastrous results. Our remedy for the
North, that is, for the nation at large, is simply
to pass a Civil Service Bill, even more broad iu its
provisions than that of Mr. JENCKES', of Rhode
Island. We advocate the Republican nominees,
because we believe that General GRANT'S mission
is to carry this into effect, and his services have
been of that national character, and so apart from
politics, that if not the only, he is the test man
to work out the problem. Universal Suffrage is the
only sound theory of Government; a State, sup-
ported by a thread in every citizen's hand. But,
unfortunately for the theory, the condition is that
the citizens, male and female, are educated, unselfish,
and honest. Wherever such a community exists
the world is agreed that the theory should be
brought into practice ; but, as our religion teaches

us, ' the heart of man is utterly depraved,' oligar-
chists say, and with truth, that the fewer of the
rascals who rule the better. We would be glad to
think the Revolution was right, for there is no in-
fluence we would more rejoice to see exerted to re-
deem the world than that of women. But—again
these " buts"—we read in a late number of the
Saturday Review, a sketch of " The Woman of
Fashion," a fit sequel to " The Girl of the Period,"
which people say—although we are ignorant of
these types—are truthfully taken from life. We
ask if mankind is to be redeemed by such, and if
the experiment in the South, of endeavouring to
enforce the supremacy of the inferior over the
superior race, has as yet led to satisfactory results?

MISCELLANEOUS NEWS.

(From the Anglo-American Times.)

Two hundred and five delegates met in Portlan ,
Maine, on the 4th inst., in the City Hall, from
various parts of New England and of the Domi-
nion, as -an Internatibnal and Commercial Con-
vention, to consider subjects of mutual interest.
Governor Merrill of lowa, lion. Erastus Brooks of
New York, Bon. Amasa Walker of Massachu-
setts, Senator Corbett of Oregon, and Henry T.
Blow of St. Louis, were present. The Ame-
rican delegates expressed kind sentiments, and a
strong feeling in favour of annexation. The Re-
presentatives from the British Provinces agreed in
a caucus meeting not to vote on the resolutions, as
they referred to matters foreign to the Dominion ;
and, finally, the Convention adjourned on the Bth
inst. Resolutions were adopted favouring the
completion of the Atlantic and Pacific Railway
from Halifax to San Francisco by the most direct
route, and another from the waters of the St.
Lawrence to Paget's Sound ; the Niagara Ship
Canal,- the Champlain Canal, and new lines of
railway from the navigable waters of the lake to
the seaports of New England. The adjustment, on
liberal terms, of the regulations of trade on the
Continent. Such arrangements of lines of ocean
steamers between San Francisco and China, and
across the Atlantic Ocean, as shall secure daily
communication between Europe. and Asia, across
the Continent of North America, by connected
lines of railsiray and ocean steamers, on comple-
tion of the lines now built or in progress between
Halifax and San Francisco.

The Hon. Horatio Seymour has with a true in-
stinct struck the weak points in the Republican
armour in his letter accepting the nomination.
These aro two, the corruption and the abuse of
power generated by an overwhelming majority,
which eventually throws the supreme control into
the hands of the most violent, to the alarm of the
more moderate even of the party in power; the
other is the hopelessness of expecting a reformation,
while the extreme is strengthened by the influx
into Congress of the carpet-baggers from the South.
He insinuates an expose which rather weakens than
.strengthens what he says, for the Executive is in
Democratic hands, and if there is a Governmental
expose it will be in the White House. His way of
sympathizing with the most able and moderate of
the Republican party, who have been crushed by
the vulgar and unscrupulous section in- the ascen-
dant is good, and his words have a strong dash of
truth. But he talks of the lambs who led in the
rebellion as quietly nibbling for their sustenance
the poor pasture left to them, while, in truth, these
lambs, such as Wale-Hampton, Henry A. Wise,
and Raphael Semmes, are screaming to Democratic
audiences in the South in a tone so intemperate
that they have created the greatest alarm among
their allies in the North. If the Democrats defeat
the Republicans it will be for the reason given by
Horatio Seymour, that the sway of the party in
power had drifted into the hands of the extremists,
men unfit to sway in the councils of nations.

Advices from Vera Cruz confirm the report that
her Majesty's ship Chanticleer had raised the
blockade of Mazatlan. Ortego had been released
by Juarez, After an eighteen `months' imprisonment.
At St. Domingo civil war rages ; each party ac-
cusing the other of an attempt to sell Samana to the
United States, though both are striving to effect
the sale. In Hayti similar accusations are made
by the rival leaders, and it is announced that the
troops from St. Domingo have invaded Hayti.
From Japan we learn that the civil war is drawing
to an end. A compromise is said to have been
effected by which hostilities will cease between the
Mikado and the Tycoon, but the particulars of the
arrangement are not yet received. From China
the news is that rich gold diggings have been dis-
covered at Chefoo, in the province of Shantung,
and a rush of Chinese had taken place to the
spot.

The Times discusses the honours and promotions
bestowed on the officers of the Abyssinian Field
Force in anything but a complimentary way to the
Horse Guards. The expedition was emphatically
the exploit of the General, and of the heads of De-
partments. It was a marching, not a fighting, ex-
pedition. Its fighting was the most contemptible
recorded by an anny which his fought in every
hole and corner of the globe, while it was
brilliant beyond all comparison for the able
way in- which it was coaducted, overcoming the
obstacles of a savage, unknown, and most difficult
of difficult countries. But who is it the Horse
Guards delight to honour ? Not those who planned
and carried out the details of the expedition, but
those who were not far off when the two non-
combatant mules, the victims of the enemy's
fire, were killed. Those who remained in the
scorching heat of Zoola and Koomaylee suf-
fered more, and were exposed to greater danger,
than those who marched through the bracing cli-
mate of the highlands to Magdala, but no one who
did not reach the good climate is awarded any ho-
nour. Several officers returned from Zoola with
constitutions damaged by the exposure, and the
Lieutenant-Colonel who commanded at Koomay-
lee was, immediately on his return to Bombay,
sent by the doctors to England, so injuriously had
the climate affected his health.

We have often heard with incredulity people who
knew France well assert that there was more
capital accumulated in hard money in that coun-
try than in any other. The statement was that
money was more diffused, and more generally
hoarded by the inhabitants than elsewhere, making
a prodigious aggregate. . A striking proof of the
truth of this has now: for the second time within
a few years been given. The Government ap-
plied for a loan -of £18,000,000 sterling,
and the tenders received in response from
781,292 persons amounted to the sum of
£880,000,000. The niniher would • have been
larger but for certain conlitions ; still, as the Minister
of Finance, says, the eagerness of the public " plainly
shows, taking account of the rate Gf issue, that
the credit of the State, founded on the good faith and
exceptional solidity of the debtor, does not rind in
the present price of the public funds its true and
definitive expression." The sum actually deposited
was £26,000,000, half ',as much again as the whole
amount applied -for:;- aild -this, in the face of a de-
rangement of trade, little: less than that so inju-
riously affecting England, and the squandering of
millions through such Finance Companies as the
Credit Foncier. Credit is the essence of war ; and
here is the Government of the most warlike of na-
tions, on asking for eighteen millions, tendered by
the inhabitants eight hundred millions ; the odd
eighty millions being more, we venture to say, than
the foreign subscriptions. This gives an idea of
the Emperor's power, which, if. neighbouring mo-
narchs know how to interpret, will make them feel
uncomfortable.

Sir Roderick Murchison, Sir John Herschel,:and
Sir Henry James have consented to act as trustees of a
fund which has been set on foot for the purpose of calv-
ing out a survey of the peninsula of Mount Sinai, with a
view to determine the line of march of the Israelites and
the true Mountain of the Law.

Joseph C. Noyes, one of Portland's prominent
citizens, died on Tuesday, Aug. 4, aged 77. He held many
offices of honour and responsibility, and was in Congress
from 1837 to 1839.

[ADVERTISEMENT.]—Henceorth no oue will doubt the valuable
properties of Du Barry's health-restoring Revalento. Arabica
Invalids' and Infants' Food, since to the thousands of blessings
it has already received from Invalids whose position had been
deemed hopeless, we may now add that of his Holiness the Pope,
whose health has been perfectly restored by it after thirty years of
unsuccessful medical treatment. We quote from the " Gazette du
Midi," July 25th :—" Rome, July 21, 1866. - The health of the Holy
Father is excellent, especially since, abandoning all other reme-
dies, he has confined himself entirely to Du Barry's Revalenta
Arabica Food, of which ho consumes a plateful at every meal.
It has produced a surprisingly beneficial effect on his health, and
his Holiness cannot praise this excellent food too highly." We
extract a few out of more than, 4090 cures:—Care No. 58,216, of
the Marchioness de Poeven years' liver complaint,
wasting away, debility, nervsUsupss, with a nervous palpitation
ail over, bad digestion, constant sleeplessness, and the most in-
tolerable nervous agitation. Care No. 1.771: Lord Stuart de
Decies, Lord-Lieutenant of Waterford, of many years' dyspepsia.
No. 49,832: "Fifty years' indescribable agony from dyspepsia,
nervousness, asthma, cough, constipation, flatulency, spasms,
sickness, and vomiting —Maria Joly " Cure No. 46.270: Mr
James Roberts, of Frimley, Surrey, of 30 years' diseased lungs,
spitting of blood, liver derangement, and pariial deafness. Im-
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name is most audaciously attached.
In tins, at is. 10.; 1 lb., 2s. 9d. ; ?lbs., 4s. Gd ; 5 lbs ' 11s. ;
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CHOCOLATE PownEß is packed in tin canisters; For 12 cups at
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MONEY AND BUSINESS.

(From the Springfield Republican, Aug. 8.)

There is nothing new or worthy of special note in the
money market. Money continues easy, and rates remain
unchanged—at Boston 4 to 5 per cent. on call, 6 to 7 for
discount—at New York, 3 to 5 on call, in some cases 6 per
cent. for 90 days' paper—at Cincinnati, the demand for dis-
counts is a little stronger, and exchange on the East is a
trifle bettor—at Chicago there is a slight improvement in
demand, but not enough to carry off the great accumula-
tions of the past few weeks -at San Francisco rates in
bank present no alteration, being still 1 to 1.1. per mon' h
for short terms, and 10 to 12 per annum for large sums
and long periods, with currency bills on Atlantic cities
in increased demand. The money market will hardly
be as easy two weeks from now ; but we see no reason
to anticipate anything more than tin mast ordinary
tension. Thu Now York stockholder estimates that
"it will require 53,000,000 per day to purchase the grain
and other produce that will come daily to two cities in the
West, commencing say September 1, and continuing to
the close of navigation." The stockholder, we think,
takes rather strong views of the indebtedness of the East ;
and pats the amount of Western balances hold by the
New York banks rather too high. There are a great
many little circumstances which reduce the power of the
West to draw on the East, notwithstanding the splendid
showing which the crops make. It is true, however, that
the present accumulations at New Yurk are the result of
industrial flepression accanapaniel by financial ease—and
that the slightest cause will be sufficient to give these.
riches wings. But allowing for this extraordinary and
even cumbersome accumulation of money, the liabilities
of the East are not so great as they are made out. It must
be remembered—for one item—that the Western pro-
ducer will have to be content with considerably less for
his wheat and oats than he has received of late.
Gold has had a famous week of it. When it closed last
week at 145, we expressed our confidence that it would
take a breathing spell, and go up another five very shortly;
but we did not anticipate that it would take place so
quickly. Saturday was the great day. The fight between
the bulls and bears grew furious, and it was manifest that
each recognized the importance attaching to the figure 45.
If that could once be firmly established, a further advance
was pretty certain. If gold could be beaten down below
that point, it would be very much at the mercy of its ene-
mies. Accordingly, tho battle assumed Homeric pro-
portions, and raged all day around the fateful spot.
The fall of night loft the bulls in full possession of
the field, and settled the fortunes of gold, at least for
a time. On Tuesday it reached 146 i, on Wednesday it
stood at 149 to 149 i, and on Thursday touched 150,
but was not able to retain it, and closed at 149.
The last advance has boon so rapid as to make it not
improbable that it will meet a temporary reverse ; but we
look on its permanent establishment above 145, and its
ultimate advance to 150 as certain. The export of a mil-
lion in the Alaska purchase is used to explain this sharp
twist upward, but it was a very trivial cause to produce
such an effect. A peculiarity of that shipment, by the
way, is that it was made with exchange at 109 k to 110
per cent.

Governments have sympathized with the advance in
gold, but not to the extent that might have been ex-
pected. The time allowed for the conversion of Seven-
thirties expired on the 2d. About five millions remained
unconverted at the close out of all that gigantic,war loan !
Those will be paid off in currency at par, according to their
terms. Ten-forties have advanced to 1091. It is not right
that a five per cent. bond, payable in six more years,
should stand so near the Six per Cents. ; and if there were
any honesty in our Government, they ought not to be
held at that price, but exchanged for Five-twenties. A
point of some interest is made in regard to the Five-
twenties of '65, '67, '6B, namely, that they are actually,
by the terms of the law, payable in coin. The Act
reads, " The principal and interest or both may be made
payable in coin or other lawful money. Provided, that
the rate of interest on any such Bonds or Treasury notes
when payable in coin shall not exceed 6 per cent. per an-
num, and when not payable in coin shall not exceed 7 3-10
per cent. par annum." It is urged that it was left optional
with the Secretary to issue either class, and that his deci-
sion as to the mode of payment and rate of interest was
to be conclusive. Mr. I.l.‘Culloch has always maintained
that these bonds were payable in gold. However, such
refinements are not very valuable. If the nation is sot on
the rascality of repudiation, little matters of interpretation
will not stand in the way, and no more mercy will be
shown to ono class of Five-twenties than to another.
The Funding Bill, the fate of which was in doubt at our
last weekly report, has not been signed by the President,
and would not have amounted to anything if he had.
The amendments which the House imposed on it
simply reduced the bill to an absurdity, and the con-
ference with the Senate, which was honest and earnest
in the matter, only succeeded in bringing it back
to a respectable nullity. As we have often remarked, the
conversion of the debt at a lower rate of interest lis a
practical matter, though it seems never to have struck the
gentleman financiers at Washington in that light. The
question is not what ought to satisfy a Government credi-
tor—or what is intrinsically just to him or convenient to
the Treasury—or what Great Britain pays ? It is simply
at what rate of interest will the holders of Six por Cent.

Five-twenty Bonds consent to exchailge them for longer

bends ? A very important element in this problem is the
aptitude and habitudes of our people in regard to usury;
and any plan which does not meet these is a failure at
the start. The Seven-thirty Lean went off to the amaze-
ment and admiration of the world, because, after half a
dozen. experiments, the Treasury had finally hit on a
scheme which "suited the notions" and "came up to the
ideas" of American capitalists, large and small. There
is no such thing as good fivanciering, irrespective
of the conditions of the case. Now a loan on the terms
proposed by the bill as it came from the Senate would, in
all probability, have been found practicable. If there is
any one thing which our people have not been accustomed
to it is low rates of interest. They should therefore be
"let down" to them gradually. If there is any one thing
which our people, popularly, do not understand, it is the
value of time on a loan. They should therefore be " edu-
cated up to it." These are two great elements of the situ-
ation. Five per Cent. Bonds, running twenty-five years
certain, free from taxation, would not have been an entire
novelty; they would, in common parlance, have been
"something like." And with the suspicions which, un-
fortunately, rest upon the payment of the Five-twenties,
and with the extraordinary ease of the money market, in-
viting and encouraging investment, there is no seasonable
doubt that the Five per Cent. Bonds would have gone off
easily, and even at. a premium. This one fact would
have introduced to the public attention the Four
and a 'Half per Cent., having a still longer
time to run, and would have advertised their value, and
so with the Fifty-years Four per Cents. We may as
well confess here to a doubt whether, even so, the fair
proportion of Four-and-a-half and Four per Cents. would
have been taken ; but if Congress had met next winter,
and had found the whole $700,000,000 of Five per Cents.
which were authorized already taken up, and a demand
still existing for more, the country would have cheerfully
acquiesced in the conversion of the whole debt at 5 per
cent., with such exceptions, at longer terms and lower
rates, as there was actually a demand for. But with the
crude, harsh terms of the loan, as adjusted in the confer-
ence, it has.not'a ghost of a chance. We doubt if there is
a financier in the country who would expect to see five
millions of the debt converted under. the present bill.
The. reduction of the rate of interest, and the exten-
sion of the term of payment, are too abrupt for our dis-
positions and habits. It took several years for the • Go-
vernment to got thoroughly en rapport with the
pockets of the people during the war ; and it was at last
only by exactly hitting the popular taste and notions that
the "three-hundred-barrel welt" was opened. The pre-
sent bill, we are pretty sure, will not meet the American
fancy. When Yankee repudiators try to obtain the money
of intelligent capitalists, at rates which are only conceded
to unquestioned integrity and stability, it is not a violent
inference that they will fail. Our Government will have
t) get a little of the hang-dog twist and the sheep-stealing
expression out of its countenance before it will borrow in
the groat markets of the world on equal terms with Great
Britain. The Chicago Convention was right: the way to
reduce the burden of the debt is to raise the credit of the
nation.
The railway market has been more than usually exciting.
The Wabash bubble having burst, that stock has not been
of much importance. Ede has had an eventful week.
On Saturday the common stock stool at 68k; on Tues-
day it was down to 631-, ; on Wednesday it fell to 58i;

on Thursday it went as low as 56, but rallied under a re-
port that Uncle Daniel Drew hal returned to town and
was buying stock heavily, and rose to 61. It closed for
the week at 60k. The Boston, Hartford, and Erie, which
h-as for some time boon steadily appreciating, has at last
touched 20k. Mr. Eldridge having been ousted from the
presidency of the Erie, will probably be able to give his
undivided attention to the road, and the advantages of his
able management will soon be experienced by the original
stockholders. It is said that the company has completed
the sale of $5,000,000 of its first mortgage bonds, getting
$1,000,000 for them, $2,000,000 down. This, it is supposed,
will secure the Massachusetts loan of $3,000,000, and that
this will be sufficient to. complete the road to the Hudson
river. Rack Island has received a forward impulse by

the dissolution of the injunction against the stock divi-
dend, and by the certainty of reaching the Missouri, in spite
of the Chicago and North Western, and has risen to 112.
Michigan Central is strong at 120. Southern has fallen off

and stands at 861-. New York Central has sympathised
with Erie, and is off two or three per cent. Tho Border
State bonds aro generally in good demand at high prices,
except Tennessees.
Breadstuffs aro firmer and higher. The decline seems
to have taken place in advance of the crops, and prices are
now recovering, under the actual receipts. Tho most
marked advance is in corn, in anticipation of the reopen-
ing of the distilleries. The crops are corning in with
great glory. The timely rains of the last three weeks have
done all that was needed, and scarcely any section has
cause for complaint. The receipts at the lake ports do not
yet equal thoso of 1866, but aro close upon them, and are
already eleven million bushels in advance of last year's.
Cotton continues low; Advices from Liverpool are parti-
cularly utdaYourable, in ViOW Of 44 unusually large export

from India. The manufactured goods begin to show their
sympathy with the staple. The fall trade has not begun,
and quotations aro as yet of little account.

(From the Wall-street Journal.)
FRIDAY EVENING, Aug. 7.

American silver is selling at 61- to 74 cents below the
price of gold. Mexican Dollars are quoted at 1034 to 1011
in gold. Foreign exchange is dull, and in prime bills
there is no change. In bills drawn against speculative
shipments of United States Bonds to Germany there
is much fluctuation, and average names are' offered
at fully I per cent. below the regular rate. The
Border State Stocks continue to be pressed on
the market, and prices are generally lower. Rail-
road stocks are generally lower, the break in Erie
having greatly impaired confidence. Erie, Reading, and
St. Paul stocks are particularly heavy. Ailing stocks are
very dull, the exceptions being Smith and Parmelee and
New York (of Colorado). Among the gold stocks Conso-
lidated Gregory is p trticularly heavy ; and among the
silver stocks we note that Combination (of Nevada) is
freely offered without finding buyers. Ritroleunt stocks
are in good demand, and an active business is doing.
United States is much inquired for, and the little stock
offered has been quickly taken at $2 25.

NEW YORK R &TES OF EXCHANGE,
Aug. 8, 1868.
Sixty Days. Three Days.
London Bankers • 1091-110} 109/-1101
London, Primo Commercial 109 —lO9l
Paris, Bankers
Bremen, Bankers
Hamburgh, Bankers 3s}-36}
Frankfort, O.M 4O —4l
Berlin and Cologne
Antwerp 5.20 —5.15
Amsterdam, Bankers
Swiss

By telegram from San Francisco, dated Aug. 6, 1868,
we have the following quotations of Silver Mining Stocks :
Gould and Curry ... ... ... ...
_599 per foot

Savage

C'nollar-Potosi

Ophir

Hale and Narcross

... 3,126

22

Crown Point
Yellow Jacket

...2,080 ;',

Belcher
Alpha ...
Kentucky
Bullion

... 2,031 „
... 1,025 „

.. 'll2
... 44 „
... 375 „

... ... ~

Overman
Empire Mill
Imperial
Confidence ...
Amader ...
Exchequer
Quartz Hill
Lady Byron
Express Stocks are quoted as follows :
Adams ...

••• •.• „
... 112 pr share.

... 262 ;;

... ... ~

... 521 to 521
American ... ... ... ... ... ... 441 to 441
Merchants' Union, 35 per cent.... ... ... 241 to 241
United States .. ... ... ... - ... 465. to 47
Wells, Fargo, and Co. ... ... ... ... 261 to 27
The following were the closing quotations for the
various Public Funds of the United States in Now York :
Sixes, 1868, registered — to
Sixes, 1868, coupon — to
Sixes, 1881, coupon ll6l to 1161
U.S. 6s. Eacific Railroad — to
Five-twenties, 1862, coupon s 1141 to 115
Five-twenties, 1864, coupon
Five-twenties, 1865, coupon
Five-twenties, 1865 coupon, new
Five-twenties, 1867, coupon
Ten-forties, coupon .. lO9 to 1091
Seven-thirties, 2d series
Seven-thirties, 3d series — to
Oregon War Loan, Sixes. 1881 — to
U.S. 5-20 Coupons, 1868 lO9l to 1091
The following were the closing quotations this evening
for the Railroad and Miscellaneous Stocks :
N. Y. Central l3l Fort Wayne
Erie
Hudson
Reading
Mich. South. &N. 1.... 861 W. U. Telegraph
Illinois Central 149 Mariposa Preferred .... 8
Cleveland & Pittsbrg B9 Ohio and Mississippi... 301
North-West
North-West Preferred 82 Cumberland

Canton
Rock Island
Cleveland and Toledo 1011

Bankers and Brokers 99
St. Paul
St. Paul Preferred

(Prom Messrs. Satterthwaite's Circular.)
London, Aug. 19.

The transactions in American Government securities on
the London Stock Exchange have been on a limited scale,
and on the week show a slight decline, 5-20's of 1882 clos-
ing 711 to and the 1865 issue 70 to United States
10-40 Bonds leave off 66 to but they are now ex the
coupon payable on Ist September. Illinois Ceutral Shares
have declined to 91 to I, but the chief feature in the mar-
ket has been the uninterrupted fall in Eries, which to-
night leave .off at the worst point, viz., 801 to If, with S
weak aspect.
In Atlantic and Great Western securities there is no
noteworthy change.
ILLINOIS CENTRAL RAILROAD.—Wo learn from a reli-
able Fource that a telegram has been received this day
from New York, announcing that this company has passed
a resolution calling in one million dollars of the Seven per
Cent. Construction Bonds at the rate of 120 per cent. It
will be remembered that, by the terms of the mortgage
given by the company to the trustees to secure the Con-
struction Bondholders, it was agreed that the mouoy re-
ceived upon sales of land mortgage should, as received, be
applied to the cancellation of said bonds, either by purchase
in the market, or by calling them in and paying accrued
interest and principal, with a bonus of 20 per cent: The
numbers of the bonds:called in will, no doubt, be shortly
announced. This step is gratifying, as a proof that the
affairs of the company are progressing in a most satisfac-
tory way. The previous retirement of bonds was for
$3,000,000 in October, 1861.*

Mrs. E. Cady Stanton, writing from Peterboro',
New York, August 1, speaks of Judge Elbert Herring,
from New York, who, though in his 92d year, performed
the long journey alone. He is described as being the life
and soul of the house, telling good stories at dinner,
and being wide awake to all the fun and wit that
was flying. Being a good judge of feminine beauty he
invariably selected as his partner a sister of General
John Cockrance. " Like G. F. Train," says E. C. 6.1
" Judge Herring neither smokes, nor drinks, nor choirs,'
nor lies, nor steals, nor swears;' no wonder, with
clear conscience, and good habits, he is what he is, et
ninety-two. . . . . On last Sunday morning we
had the pleasure of preaching in the Free Church' on the
Women of the Bible,' to a large and attentive audience.
At five p.m., as is the custom here, the congregation
assembled to criticise the morning discourse, when we bed
a spirited discussion on'the whole question of suffrage for
women. At the close, a rising vote was taken, which was
almost unanimous in the affirmative, only one maiden lady,
and one coloured youth, Theodore West, rising in opPesi;
tion. Walking in the cemetery that evening, we lone'
Theodore wandering among the tombs. We remarked t°
our kinsman that he seemed wholly given over to the
dead past. Approaching him, Mr. Smith said, So VII,
are not willing that the women should vote ?' No, sir,
he replied. ' Why ?' we asked. 'Because,' said he, 'the
Bible forbids it.' But suppose,' we said, 'that women
have lunatics, idiots, drunkards, thieves, or murderers, for
husbands, or have no husbands at all, what then ?' Theo'
dere thought a moment, and said, ' When I am better in'
formed, I will answer.' "
The same lady gives a beautiful picture of the
home of Gerrit Smith, and thus describes his wife :—" lA
a tasteful, rustic frame-work sat this beautiful worane,
just in the prime of life. She was dressed in pure whitej
with no ornament but that of a meek and quiet spirit, et
a bunch of forget-me-nots upon her breast, her dark curl"
sprinkled with grey, falling on one shoulder, and her soft
eyes gazing upward with the depth of expression that r.e,"
veals spiritual insight. This is Ann Fitzhugh, the Wl':
of Gerrit Smith, and this is the place where she communed
with the invisible world, with the spirits of just men 9'll
women made perfect through suffering Here she roeo
Davis and Harris, and discusses the doctrines of modera
spiritualism, in which she is a firm believer."
for
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Births. - •
DunnAwr —On the 21st inst., at 5, Devonshire-hill, sa°3l3‘
stead, Mrs. Alfred Durrant, of a son.
FisuEß—On the 21st inst., at 7, Marlborough
John's-wood, the wife of J. Fisher, jun., E6c1.1 ° -
daughter. $
Al Pt
NoELI—On the 20th inst., at Cadiz, the wife of
Noeli, R.S.A., of 14 son. fq

Marriages.
„it-01
DEACON—HORNCASTLE —On the 22d inst. at the r- tO
church, Hackney, Octavius Deacon, ofe FinehleY'tle,
Louisa, youngest daughter of the late'Ohas. Horseo
Esq., of Wilton-road, Dalston. ►itl
GRAHAM—MIDDLETON —On the 20th inst., at -1-7-11°V.
Episcopal Church, Dean Bridge, Edinburgh, inuel
Graham, Esq., 1, Henderson-row, to Margaret r,„-t° 0,.
only surviving daughter of the late John
Esq., of Haiiiford, Norfolk.
Deaths.
BUCK—On the 19th inst., at King's-hill, Itodiester,

Thoas Buck, a
A D Th
BAKER- On the 20thged. inst , at Elm Lodge, K /ilburD, se,
Ns idow of the late Joshua • Baker, Esq , of Manor 0"
Kilburn, Middlesex, aged 82. g V*,
130 WRING —On the 19th inst., at 300, New-cross-road, '-'
George Bowring, Esq., aged 73. ri 000°
CUTBUSII—On the 21st inst., at 268, St. Paul's-road,‘-'4
bury, Mr. Wm•
Cutbush, aged 45. linlii'
MOORE—On the. 9th inst., at Shute-end, Woking
Berks, Mr. Wm. Moore, late of the War-office.
_......t,'"

• - - ---------- virsi
London : Printed and Published by WILLI/13G is.NOilki 10,
of No. 112, Strand, Printer, at Taff &Tx °dice, N.° of
Strand, in the Precinct of the Savoy, in the 0034
Xiddloex.-319acloy, Auguat 24, IVA