The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-08-23

scrptons made In Paris accordingly average for consider
able sums But 1t has long been matter OF surprise in the
provinces TO observe from o 70 time the results Of che
little hoardngs Of tho peasantry or petest
who are always stimulated by desire for addngto their
Whenever some mischance happening TO the owner of
the few next them leaves those open
purchaser his peighb0r commonly found TO have
muated the for making the purchase and his hun
dreds-sometimes thousands-of francs are produced
either from some strong box under his bedstead from
his writing desk like Silas Marner's treasure from
hole in the oo where they had never been suspected by
others TO exist
1t viii be observed that great proportion OF the coun
try subscribers appear TO have been just this sort of
class. The French government had, whether wisely
unwsely we have not the means Of forming opinion,
rendered 5OOf. or f2O, the minimum subscription;
rather allowing for the discount the price OF bond
somewhat under flS Put very many of the subscribers
have been unable TO subscribe for than portion of
bond; 30 that othor than subscription has
been made for single bond, three individuals
have subscribed in the name Of ono Of them But among
the subscribers In Paris there il evidence any
fractional subscription, although even there tho
bonds seem TO have found favor with the smallest
people, thirds OF the subscriptions having been
made for single bonds. Not less than 6,792 sub
scribsrs In Paris rendered for bond each, 1851
rendered for bonds varying in number from to 100,
and 440 for bonds exceeding 10 each or course
very obvious result Of this of demand supply
is that tho great majority will not get what they want
Something like twelvethirteenths OF the applications
must be rejected but, as tho Minister forsees In
quence OF the minimum amount of subscription already
settled by the government, tho subscribers for single
bonds have either the of their subscr ptions
or nothing Probably the subscriptions of the larger
applicants would afford than enough TO tako the
300 900 bonds; but it would doubtless be unpopular
course to debar the great numerical majority from par
cipaton in the Investment. Indeed M dc FORBADE init
mates that thore will be strong disposition the lnal
allotment to consider the claims Of the smaller app
cants, although it is obvious that such course will give
the administration much more trouble.
The Galway Steamship Mail Contract.
IMPORTANCE OF ITS RENEWAL IN THE PRESENT
AMERICAN cRIsIs-INTIMATE COMMUNICATION BE-
TWEEN IRELAND AND THE UNITED STATES.
London Standard. -
The following communication has been received with
request that IL may BIO forthwith published The i'm,
portance Of tho question ut issue in the present Of
affairs in America cannot be overrated and the points OF
increased mail accommodation, and the higher rate of
speed in the transmission Of letters deserve special
sderation. Leaving political illusions out Of view, tho
practical business bearing Of the case must at length
force an equitable arrangement -
TO EDITOR.
Sm-The declaration OF the Prime Minister with rerc-
renee to the disposition Of the government to consider
formally any proposal made by the Galway Company for
renewal Of the postal service to New York induces
to ask you to permit me through your columns to
reference to that service hone as vnm Says
not hitherto hesitatcd to open your paper to the
free discussion Of this question, that you. will Not
refuse the facility you have afforded TO others The
Galway mail contract granted for twoold purpose
increased mail accommodation and higher speed
in the traDsmssion Of letters. Our mail communication
the Atlantic has not been extended to keep pace
with tho requirements of increasing commerce. faoi-
lities have actually been curaied instead Of being aug
mentod The line of steamers from Galway the shortest
and most direct route TO America, TO Ireland tho
advantages to which, by her geographical position
eticd and gives her people opportunity OF parking
in that commercial activity and prosperity which flow
from VOL organized system of steam navigation
The new mail line of steamers from Galway win shorten
tho time consumed in the passage America from
four days In one direction From four 10 eight days H be
saved in the despatch Of communication and the receipt ofa
ton with continent that contains nine tenths Of tho
British who live beyond the confines of these Islands,
and with whom about one fourth Of foreign
MERGE Is carried on. It's Importance a. postal
rangement can neither be disputed nor overrated. I
believe Il to DO q fact, and being an Englishman
speak without bias, that II this postal question
cerned the interests OF other section OF the United
Kingdom the opposition to the subsidy would not DO so
widely spread stubborn Up to the close Of the lat
half Of century laws were IN force prohibiting
certain manufactures in Ireland lest the competition
should ruin those manufactures in England. casual
observer might almost fancy that the fear and suscepti
bity OF the Saxon excited lest tho Cet
should got possession Of portion Of foreign trade and
thus bring utter ruin upon the Liverpool shpowners
strike blow at the commercial prosperity OF England.
Every must admit that line OF promoted
and maintained nee by, By Irish capital manned BY Irish sailors
Of Irish looms aud Spndcs, crowded with Irish passen
and carrying with punctuality and rapdty large
proportion Of Irish letters and newspapers will prove
great and permanent benefit to Ireland The subject of
Irish grievances and the cry Of justice for Ireland have
been ringing in during the two generations that
have passed tho union Of ireland with Britain
may be very fairly asked whether, by ignoring the
geographical position, and by turning deaf ear to the
commercial necessities and national rights Of Ireland
are adopting the best means of stopping this cry and
putting end to complaints that have some foundation
the late administration satisfied at once the postal require
mcns and the commercial wants and claims Of Ireland,
and Of tho entire Kingdom An abogation Of that
tract would have the direct effect Of nicting grievous
wrong upon great number OF people, not only innocent
shareholders, but traders producers merchants
facturers and andhoders, in every part Of Ireland
well upon the millions who write and receive letters in
every portion of the United Kingdom With oneJouth Of
the population Of the Kingdom ireland has third of the
foreign correspondence with america; and out Of the
900 tons OF shipping entered and cleared at all tho
British ports only $40 000 less than oneortcth part
belongs to Ireland When 1t Is added that the harbor
| Of Galway Is safe and easy OF access as any
nearer America than any Of the great ports in tho
west north Of England, and that Ireland has
been totally deprived for more than twenty
years Of all participation in the postal and commercial
benefits and CoAveniences Of the mail ARRANGEMENTS
mail contracts for foreign service enough and than
enough has been said to show that the destruction this
postal line from Galway act Of injustice palpabie
wrong, very large number Of her Majesys subjects
particularly in Ireland though not confined to that
ton OF the Kingdom. Her most gracious Majesty has
never omitted opportunity Of showing personally and
otherwise the favor and affection with which she regards
the people Of that portion Of her domnons the
Irish evnced, in return any feelings but those of a
wards her Maestys person and throne. Will the abroga-
ton Of this mail contract have tendency increase or
destroy that feeling auspcously created ostered
by both sovereign and peoplef No be loss
for The Nemesis Of history never sleeps.
wrong committed towards q large number Of peaceablo
in the days Of George ILL., Lord North and tho Amer
colonial revoluon it. is 30 to-day, and will be
through al time and in all countries am, sir your
obediont servant. JOHN ORREIL LEVER.
AUGUST Q.