The sun. [volume] (New York [N.Y.]) 1833-1916, 1862-01-28
THE NEW YORK SUN.
TUESDAY MORNING., JAsI q, 1884.
The New Yerk City Pros.

The papers generally express their satisf.c-
tion with the tone Of the English press on the
reception Of the news Of the sure ader Of Ma
son and Slidell, and think that the prompt aud
amicable conduct Of our Government will
strengthen our cause in Earope.
From he Herdh The Europa b,ing4 us
tidings Of the full expression o. pu lie optn on
in EnRlaui and in Elrl e on th sur-onior OF
theee two miserable rebels. AMI VS. ar5 ultt ~
ind that IL Is one of intense gratit Itiol aud
satisfaction, not only in Kuglant, but throu Bh
out tho Continent.
England insisted on searching every vessel
that came in her way durirg her supre macy Of
the seas, and taking fro them NJ sup joscd
British subjects. When We did the same thing
she objected aud the result nov Is bat sh has
at length endorsed the great principe that the
Uni ed States has been regularly insisting on
for the last aoyen'y-hve yerL Ths IL one
point obtained. The question Of block adin2
ports by stone vossals remain, TO DO settled.
Tie original idea belongs to England. We bor.
rOEed It Vi her; bat row she congl aims of IT,
"a she did Of the Trent affair. II ss commi.
her to positive arrangement On this quesuo1,
IL will 10 another important concession to
which We CAu hold her ever after. Bat We
shall SEQ.
Prom The Word Tho fact that al the na-
tons whU have t,ken au interest In thi, q Ios.
iion have siroagly expressed tho opinioa, in
sdva-ce, that II vN our duty TO surrender
the prisoners, ought to be accepted a. con
elusive proof that tho natipnI honor has not
suffered 10y the acuon Of oar govornmsnt.
From The 7iaes We arc d. posed to bo.
lievo TIA the dn~ri. Of AmsrcS has bean as
Gaukly received as II WAS ffa kly Oforsi.
L. ia, indeed, sgnid ;aGt Of the real di
fccton ci public opinion th1. the Proas
hes esks anything but vel l'Omc foe
the re-tor,d Commi toner's. Tncy are stik.
Ia'iggd - brace VI c'ospi-ttnrt vho have hoen
btlE 4 - An attempt 90 emi roll T. iglALi in war;
AL who ,ro eutu.d 20 nc more rrspc, fl con.
sid'r.ti II than a pair VI ncgfVas tortuitously
cNt'cstoi 10y diplomicy from tho dutcuos oi a
a ave catcher. lu this clrt di.mi-sd Il OF the
canoiott,' for Bri.ih nvt'ion, the S,uh will
iinf tuo prospect Of Instant rt,,sDidoi sHd
a.h.Acc.
From he Tribune In the advance of public
securities ou the reception ~ the nsus, va nave
the best Indication OF The tone Of public feeling
thtou holt Eu.l,nd- a faclirg of returning
Coz 'itc. c', and an assurance Of pos,,.
T.o WoELp adopts thu views Of tho SuI
respecting tho ovil. that must result if tho 20
yernment persists in forcing i'3 paper oblisa-
tiors ts money on tho people, AMI M iks tham
legal tender, and icnoun,es the whole scheme
ns Uucrn' itu'iorh ari subv srs'vo of all c,rf.
jcncc in money ihvss ,nieuts, pre- ie1t anil 4turo.
II quotes from III, discussion. in the COMMITTEES
cf tie Convention that formed the Constitution,
tu ,io,o that II WAS rot the Intention Of tho
ht,r- Of tie pepl lir - confer on Congress,
tht in~,r It n,Lirr tho bills which they wers
auth 2 81 - Quit, nu tbs faith of ihs Unitoi
: n'c a legal tender, and srgues tba, tho con
s.r...ornl power to borTo'g mo' cy cannot bs
tsu % a FAR g.. -
j. ,'f rIpei money, and oract laws regulating
. .iue.
!h' INr, tskes an opposite view Of the
py',.i0r. nd rays tho PROPOSED financial pan
t's ~ lost the me il Of relieving tho Trstury
from is condition Of ylss,l,"e - -
hanks. II rcad' tho Constitution dh'tenuy
Tho government ~ give sunatrniiyo and
uniailing yalua to its niuonh curran'Y. ''
much 40 IA thc Blush geyarunslt w tho ''ei
OF the B,nk Of England. B4llpu is no m're
recognized under our Constitution ~ tho 'y'ht
sire leRh tender o. tho country, than in En.'
lard. Tho = atea, separately, arc iorpi TO
create any other tender, JV Ho' So ms "sH1H
GureIuntsHk
The B,k Of England notes are now a Legal
tend,r A, much ai gold and silver. Wore the
note. Of In land wort thl1ss or irruloemihle, ~
no better than Igo' rh ls,ignt'l, or pro iuD'Ee
" the widest imitation, through the wars with
Nspulp1n Were thry WithJy' substantive
security W,r, the mere financial necessities OF
these reat wars tuch as TO lead the lisC Dntented
bullion -ts and speculative economists oil tho
Is'ard 10 make war upon the Government,
charging bankruptcy upon It's Treasury, an
-L,n,es-ly asserting in the daily Press,
through anonymous pamphlets that tho q IyerG-
NEXT " ~ incapable OF making IL notes OF cir
culaton good, and an empty Tf"aslry inite
uuatc 20 the creation Of substantive value,
merely on the pledge Of tn fublic S'ock' Of the
realm for tho security Uf these notes II ap-
pears tha' for a season thoy id, but soon bad
their predictions scattered 10 the winls 10y stub
born iucls.
l. denies that any wrong will be done TO tho
creditor class by tho adoption % the prop psed
measure, and says that 1t only depriyes tho
creditor Of the extra proRt Of oxacting gold and
silver in hich no part Of his wealth consists
ard which no one demands Of him, for the pur-
pose OF selling it at premium.
The TRIHrSE institutes comparison be.
tween Frsmont's work in Missouri, ami Nc.
Clellan on the ? Potomac, after the Bull Run
bat,lc-not at all to the disadvantage Of tho
lormer-of course, aud saws the battle Of SOM
erset was lmp'y tarly execution Of one Of
Fremont early plans.
The Taxation of Newspapers
We copy the following sound and sensible re'