The New York herald., 1864-10-22

the matter.
The REBEL CANADIAN RAID UPON ST. ALBAssL
1t is understood that General Dix has reooi
mcnded to the government that an immedia
and persmptory demand be made upon Lo
Lyons and the Canadian authorities for the sr
reader of jacob Thompson, formerly Secrass
Of tie Interior under Buchanan, who is now
Canada as the agent OF the rebel governneI
aud whose direct completely with the late 70
bing and numbering raid upon st. Albar
together with the former piratical expeditio
and attempted expeditions upon our Northe
lakes, il abundantly established Mr.. Slant
is in favor Of General Dix's proposition, a,
thoroughly sustains the order given by th
officer to the troops stationed near St. Alba
to cross the Canadian lines in pursuit OF &
rebel bandits-an order under which eia
OF them have been already captured by o
forces, ten miles within British Canadian ter
tory. Secretary Stanton agrees with Gensa
Dix that the precedent established
the case Of the Mcleod attempted reb'
lion, and the crossing over to Anne
can soil Of British troops for the p,
pose Of seizBg the steamer Caroline, may
cited as precedent to justify American troo
in pursuing rebel robbers and cuttl,roats "
invade our soil, back over the Canadian lii
to any extent and in any numbers that may
necessary for their capture. Mr. Seward, ho
ever, is greatly alarmed at the vigorous acti
of General Dix, and is believed to be now D
pairing an apology which is to. be immediate
sent to England by some confidential mess.
ger. Stanton, it is added, threatens to resi-
if tie President allows this course to be Il
lowed; and the hope is expressed that publ
opinion will be so emphatically brou,|
to bear upon Mr.. Lincoln, in support Of 4
course of Gen. Dix, that Mr.. Seward's apolo|
will be nipped in the bud and our coun|
spared this last and worst humiliation
DISMAL STATE OF THE SOUTHERN FINANCEs|
We publish to-day document of Mr.. TrI
holm, the rebel Secretary OF the TreasnI
endeavoring to regulate prices in the SolthI
as to keep them down to fixed standa|
This has been repeatedly tried; but il is nj
urged with great emphasis, as q measure OF |
cessity, by the Secretary Of the Treasury, 81
many facts are set forth to convince the peo !
that they should accede to it. 1t happens Il
these facts show most conclusively the disr
state Of the rebel finances, present and futr
although perhaps such was not directly the |
tenton OF Mr.. Trenholm. For instance,
cites one case in which contractor for
government received $30000O in bonds,
sup lies furnished, and sold the same Il
foreigner for $4,000 in gold. which he Inn
diately shipped to Europe. Mr.. Trenh(
regards this act as worthy Of reprobation,
complains hard about it. II is to be presun
that government contractor would at least
loyal seccssonist, and would have some
fdence in the government; but it appears
this individual held its bonds at very On
value. Mr.. Trenholm argues that while
contractor will only obtain interest 70
amount Of little over thousand dollar
seven per cent on his gold, the rebel COVE
ment will have to pay $4,000 interest on
bonds. Thus, in this transaction, It Is mani
that the value Of rebel boods is only alb
one-twentieth on the dollar; and In
face Of this fact the Secretary-a South C|
lima banker-asks the people to reduce
price of their goods. The rebel debt on
first OF December next will be fifteen huud
millions Of dollars, and II the war IL contin
for another year 1t will be two thous
millions according TO this rebel anancier.