The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-01-04

Native Roman Catholic Christians In considerable aum
bers bave recently come to Shanghai from within the
lines OF the Insurgents and have given It out shat
at first prosecuted by the Chang MGa ong haired ey
are now everywhere tolerated. and generally well treated
by them
Anolber correspondent tells us that the troubles at
SooChow at end. The he of the HWuykWan has
been dsmnsed, for shewing his incspsbity to manage
the Chnchew men, dve hundred of the worst OF whom
have been sent home with him to their native place The
rebels have been again driven back the walls of Nan
king, having lost many during the retreat Bust
Dess, In cons6 queDce sbews signs of
deposition had manifested itself among the traders do
bus mess on q large scale.
lHE IMPERIAL TREASURY OF CHINA-FoOD SUPPLIES.
Shanghai (Oct y Cores pondence of Sing Cimes
The accounts of the advance Of hongos Manchus Ban
bermen and Imperial Commissioners, are current as
ever but quite stale; and is uncertain whether any
Of hem the march. Meantime the I'm peral chest
proclaimed empty; and all schemes 70 repensh II have
while paper money and iron cash will not circulate. G
concern felt too in the capital sccOnut of the search
~ OF provisions The stores at command not ample
and The prospects OF increase are positively bad At the
North, st the South there been excessively
suctive rains the middle PROVINCES especially in
drought. or both, have made the summer and autumn
crops unusually light Silks, and perhaps teas aho,
must be expected.
have commenced Stl in many places, the trAnsporta
tion Of merchandise by the rivers Is difficult the water
Shanghai early in August, have been succeeded by
licensed beggars in search OF food.
THE CURRENCY AND EXCHANGE IN CHINA.
[From the Friend OF Cnina Oct. Al
The extraordinary price OF Carous dollars Shanghae
80 Of them, only, for 100 taes OF silver-or about IS
per cent OF difference their intrinsic value has at
trading guild the grain, the cotton CLOTH aud
the clothes Dealers petition Ian, lntendant of the
chow sungaeang and Taetsang Circuit to order foreign
lstDg medum-to prohibit native money shops from de-
preciatDg dollars other than Csrous and finally, that
there may be paper currency Peking other
provinces, substantial bankers being security their
notes "for another" Ian, receipt of memo
ria very properly directed sub prefeot make re
port on The feasibility Of Introducing paper currency
indi Gated determination TO put stop any dollar
depreciaiionaad asked foreign consus TO tell him what
theJ thought about the practcaby OF ordering foreign
merchants to do business taels and
sycee silver instead Of In dollars nd OF old
Mr.. Murphy Consul for the United States receipt Of
Lan's Communication, at submitted to the re-
sident American merchants, and the day following
those gentlemen furnished him with their vie VS..
Dividing the matter into three parts the fr OF Russell
Co., Bull Nye Co. King Co., A. Heard 4 Co., Will
iiaps Co., and r. Fogg 4 Co. gave as their opinion
to be the effect that native Shros exercised
every species OF srtce In selecting and refusing cnran
dollar. 80 rendering impossible to tr.ae and causing
gether without foundation" The true OF the
city of Carouses, they s1ert is the obstnacy of the
country people In refusing other OF value
for their produce Cotton traders and dealers cotton
and CLOTH for instance only purchase for Shsnehae
elk and tea until the producers are compelled
by necessity TO recognize otbor standards OF value
Meesrs Russell Co and the firms men onod say, We
and they (the Shros) merely passive agents In
matter The shrofrs do not hoard the dollars and
sequeE;!y are wanting in the first element for
peasant's surplus-which in Q million Of families swes
in the aggregate TO a large sum.
collars the American merchants object 70 il in toto ana
With reason, because ns they say Is neither OF unor
weight nor puriytnere h no proof Of value on IT, and Ii
only be tested by those skilled In the knowledge OF
precious metals-in short its would be almost
turn to the barter trade OF uncvzed times s-paymen for
grain In Jumps OF lead-for cloth In bars OF ron-.he
to be gone through being exactly the The
American merchants believe that any arbitrary action
signal failure, and distress, not ruin to few innocent
individuals In dealing with the proposed bank note
arrangement the writer's exhibit we think, something
Osrous evidently, has such Grm hot on their faculties
that nothing hut . pillar dollar Q represeniauv 70 OF
value with them-a dollar which, they say IL some
times worth six shilnpes- sometimes seveu Would II
not be mor6 conssiert with mpststy to suppose shst
Chinese potes would be for taes OF syoee OF such and
such touch The only proiec. American merchants o.
ShAr RhAe profess TO think reform the currency the
es'ab ishment Of . mint
one or ali OF the great powers OF the borders
of China ard coming piece OF weight size and value sua
able TO the Chinese wants.
so much for what Americans have done In the matter
OF the currency memorial. Before circulating Ian
forwarded for the consideration Of his Exooency SIR
John Bowripg. and was enabled with the Communication
TO inform BriIsh merchants tina, her Msiestys Penpo
Tertiary had already suggested the estA0lishme OF
mint IL Hopgkopg for the purpose OF coming dollar 10
sup rsede the Csrolus and that exoesncy wishes
know what tho shspgose merchants think about bis sug
geston Now. when bear IN mind tha, the state OF
the currrncy Brsh India has been ngatei Tor years.
the coinog OF dollar for India has been un.uo,ess
fully urged and over again. may not look for
early action what would appear to be suggestion
Anaiing C from his escellency Sir John Bo~rng 1t
10 the developemen, Of eynsy Tor the
1857 hardly through with0ui It's recognition
nS ~ and sS tho
ssiAbshment Of Tai ping curroncy-a coinage at
Nsnking
THE COINAGE QUESTION IN INDIA.
From the Singapore Times. Oct 49,
On the return Of the Hon. Mr.. Allen, memoer OF the
Lesslatiue Council OF India from Cnna by the Fiery
interview with the honorable gentleman for the pur.
pose Of holding friendly discussion on the ques
circulation in the Straits. Such opportunity would
naturally be tsdy avsiled Of by any liberal mind, af
ON the SPOT, The committee werc somevhai surprised
TO receive unavorabe reply Mr. Allen expressing his
regret that bis stay here was TOO short 10 allow OF an
question. We the more regret Mr.. Aliens having
declined 10 the committee, because, we hear, that
nteman exhibited reluctance during bis short stay
nere In expressing strong opinion that rupees alone
ought be the circulation Of the suatsan opinion op
posed 70 common scnse and expeenoe and At variance
with the conclusion which every has arrived, who.
rom personal knowledss. capable Of judging On the
matter 10 70 the Parliament OF Gres, Britain must
look for relef and We trust that means will be en
unlyod 10 oountersoi perniccus legislation Of the
Council Of India and 10 secure foe the Straits settlements
that money c,rcuaiios which alone s adAped 70 the
trade and crcrmatanoes Of this great emporium Of com
merce.
AN AMERICAN SEAMAN COMMITTED poR MURDER.
[Fyom the Friend OF China, oct.
George Luscomte third ofcer Of the American clipper
ship Eagle wing. IRON California. Vas on Monday even.
ing mmitted Corouevs ant " take his trial
s the next Crmipa Sessions for the wul murder Of one
CLun Achow, . master tailor, lAtsly residing In tho
ouesas rosd According 70 the evidence Of scps chi
nsss the prsoser entered dsceaseds sbop the aer
noou Of Sunday last and sels cicd too shirts with which
be Walking away without paying, vhen he vas .sd
hold Of By we deceased In the road who demanded the
money one dcpNr and three ouayers. Luscombe there
upon erped deceased by the throat and held him 20
long and 20 forsby that death ensued almost tmmed
stsly. On Q poet mortem examination ~ Dr nempssr,
the visd pipe exhibited 10 the jury hessrs sicrhenson
faprssk and Brimelou) found TO be brosen, ~ WAS
sbc bone OF The neck The prisoner was found shortly
Afterwards IN boarding house short distance from the
place where crime committed and " ing under
blanket wearing the shrts said N have been taken from
the deceased He denies oil hncwledse of the affair and