The Sun.
London, England, 1868-03-07 00:00:00

next ruler be a President—the Lord Protector—or
kis Imperial Majesty ?"
"Two questions are fast being thrust before the country
by the high-handed course of Congress : First, shall we
remain a Republic or become an Empire ? and, second, as
a corollary to the first, shall our next struggle for the
Presidency bo decided by bullets or ballots—shall it be the
successful champion of a fight, or of an election, who will
be declared, or declare himself, our next National Chief
Magistrate? Establish a dictatorship hero—an empire!
Why you must be mad to think of it. It was thus
all Paris cried about 20 years ago ; and just so all Paris kept
crying, even while Louis Napoleon was writing orders of
arrest for every opposition member of the Legislature; while
his artillery and carabineers were getting their weapons
ready for the slaughter of the French Republic, which
took place, as by order, next morning. The South re-
bel, indeed! The South array itself iu a violent attempt
to disrupt our Union ! Why you must b 3 crazy to believe
such nonsense !' So cried our American wiseacres
about seven years ago. Nor could they bo convinced to
the contrary, until a Confederate Government, with all
the modern improvements, held session at Montgomery in
Alabama ; and the flags of a Confederate army, threaten-
ing Washington, could be soon from the roof of our Capi-
tol. What one generation of Americans have done—what
one generation of American politicians have plotted and
attempted— may not yet other American conspirators, of
the same generation and with larger experience, now at-
tempt to repeat."
Miles O'Reilly comes to the conclusion " that there
is danger of a renewed and more terrible civil war,
after much moving to and fro, and mixing in all
circles in this distracted capital (Washington)"
even his writing is a sign of the times.
George Francis Train was arrested in Nassau-
street, Dublin, on his way to deliver a lecture in
the Rotundo, where 600 persons impatiently
awaited him. His agent, on announcing the arrest,
professed his willingness to return the money of
those who had paid, but as they only amounted to
one in six, it was found impossible to distinguish
them, and the affair was pronounced " a sell."
The arrest was made by a London firm for a debt
contracted on the street tramways during Mr.
Train's last visit to England, amounting to over
eight hundred pounds.
- -

The Royal mail steamer, Atrato, brings news tha
in Peru, Callao and Lima had been gaily decorated
to receive the new President, Canseco. The United
States Minister had threatened that the new Go-
vernment would not be recognized at Washington.
Efforts were being made to induce European emi-
gration to Chili by making liberal grants of lands
to colonists.
Massachusetts in financial credit has long stood
first among the States of the Union. The Trea-
surer, Jacob 11. Loud, has issued his report on its
finances, in which he states that " its policy, by in-
suring to the commonwealth a high credit in the
negotiation of its loans, has enabled it to make a
saving sufficient to cover all the probable cost of
maintaining the honour of the State by payment of
principal and interest of the debt in coined money.
" Far beyond any consideration of pecuniary; gain or
lots the people of this commonwealth should cherish
the proud recollection that in a time of sore trial
the. State paid to its bondholders their dues in real
money without a moment's hesitation or an expres-
sion of dissent on the part of any of its citizens."
Massachusetts has learned the economic value of
the Eighth Commandment, the truth of the old say-
ing, that " honesty is the best policy." Massa-
chusetts Five per Cent. Bonds are now quoted
on the London Stock Exchange at 86 to 88,
and the United States 5-20's at 711 to 714,
although bearing 6 per cent. On the Ist of
January, 1868, the total debt was $28,617,391,
against in the previous year $27,317,127. On this
the interest paid was $1,250,373, and in order to
pay it in gold $183,751 were expended in pre-
miums. Massachusetts presents an admirable illus-
tration of the wisdom of resisting every temptation
to obtain relief by means, no matter how plausible,
injurious to her creditors. Not only does it pay
the State hereafter, but she finds an actual imme-
diate gain, and her credit stands so high that she could
obtain on favourable terms any reasonable amount
in any financial centre in Europe, if required to
meet a pressure. Iler financial arrangements will
some day be quoted, and be generally recognized
as the best proof of her superior civilization.
An Ecclesiastical Court, consisting of five clergy-
men, was convened by Bishop Potter, in St. Peter's
Church, Twentieth-street, New York, to try a
charge preferred by the Rev. Mr. Stubbs, rector of
New Brunswick, of the diocese of New Jersey, and
a Mr. Boggs, against the Rev. Mr. Tyng, who,
though an Episcopal clergyman, officiated ia a
Methodist Church, conducting the services accord-
ing to the Methodist forms of worship in Mr.
Stubbs' rectory. Mr. Stubbs protested against this
to Bishop Odenheinier, who forwarded the accusa-
tion to his ',ecclesiastical superior Bishop Potter, of
the diocese of New York. The Court sat for five
days, and heard elaborate addresses from counsel
on both sides, which, being fully reported,
caused a general discussion on Church matters.
The Court closed its labours on the 19th of Feb-
ruary, but the decision at which it has arrived has
not yet been made known. The case has excited
great interest.
Mr. Phelps of Maryland is about to introduce a
bill into the House, which is said to emanate from
the President, proposing a scheme for mustering
out the coloured troops now in the service. The
object is to send them to Liberia, and the means
to retain a portion of their monthly pay to educate
them in the arts of peace, and to provide for the
expense of transporting them to Africa. When
educated, so as to be able to support themselves,
they will be mustered out of the service, and be-
come naturalized citizens of ~Liberia.
The City Council of Baltimore sent to Mr. John-
son, on the 19th February, resolutions of respect
and sympathy, to which the President replied—
" Our Republican institutions, if Congress be
allowed its way, would soon yield to the
most absolute despotism ever witnessed by the
world," and that " hissole aim had been to bring back
the Government to the plain principles of the Consti-
tution ; that accomplished, it would be his highest
pleasure to yield his aspirations to others." It is
thought that Andrew Johnson is working hard for
the Democratic nomination for the Presidency, and
not without success. The Tennessee Conservative
State Convention resolved strongly in his favour.
Pendleton is losing strength even in the West.
Irish citizens are obtaining possession of much
real estate in Becket and Washington, Western Massa-
chusetts, and all the adjoining new towns.
A general attack was made in Congress on the
newspaper correspondents on the 20th February. In the
Senate Mr. Trumbull was severe on a Western corre-
spondent, and in the House Mr. Paine, of Wisconsin,
came down on him of the Tribune. Mr. Bingham, of Ohio,
and Mr. Wilson, of lowa, complain of a libellous article by
another correspondent,. but it is asserted that all these
cases can be traced back to an agent of the Evening Press
Association, at Washington, a gentleman of fertile imagi-
nation.
The nomination of Mr. James D. Colt, of Pitts-
field, Massachusetts, to the vacancy on the bench of the
Supreme Court, has been confirmed by the Executive
Council.
Governor Bullock has vetoed the Massachusetts
Constabulary Bill.
A grand dinner was given last week at the Hotel
d'Angleterre, Frankfort-on-the-Maine, to General Carl
Schurz, under the management of the United States Con-
sul-General, W. W. Murphy, Mr. W. C. Watson, 11.
Mareuse, and H. Seligman, Esq., committee for that pur-
pose. The United States Consul-General presided. Speeches
were made in German and English. Several of the lead-
ing Senators of Frankfort and the editors of the leading
journals were present at the dinner.
Gen. Schurz is to leave Hamburgh this week by
the steamer Germania for Now York. His wife and family
will remain for a few months at Wiesbaden.
Among the arrivals at Naples are Mrs. Hannibal
Hamlin, wife of ex- Vico-President Hamlin.
Mrs. Park Godwin, wife of the poet., and ex-
Chancellor 11. P. Tappan, are in Berlin.
A grand banquet was given at Genoa, on Thurs-
day evening, Feb. 27, in the Palazzo Sarse, to Admiral
Farragut, the commander of the American squadron in
the Mediterranean . Fifty-eight guests were invited, in-
cluding the civil, military, and municipal authorities, and
several Senators and Deputies. The mayor proposed the
health of Admiral Farragut, and the utmost cordiality pre-
vailed. The Genoese Working Men's Association have
presented a patriotic address to the Admiral. The Flo-
rence correspondent of the Times, writing on the Ist inst.,
says that Farragut finds great pleasure in returning to the
places he last visited 50 years ago, and in proof of the im-
pression left on his then boyish mind and memory ho tells
the following story :—ln the year 1816, being at Tunis, be
was much struck with a ponderous piece of bronze ord-
nance, cud in Italy in the Lit century, and 91 which the