The New York herald., 1864-10-08

y.
bsyt sn interview with ths Emperor, 10 be ~.
naittsd either 10 reside there o. g abroad. -
eording - hs might elect after sesing hb
Majesty This is q considerable modification ef
the story thss the republican general had
sold himself body and boots, to the new gov.
ernment. and II will probably turn out that d
requires to be still further toned down to oOms
near the truth.
In suoh . condition Of things 40 news -
ceivsd from French, Spanish or Mexican
sources can bs looked upon a. reliable. TIE
organs Of these several interests vie with sssk
other In lying, caring little about the fact thai
events will soon falsify their assertions. All
that i certain q that Mexico, under ths new
regime, h in just ~ distracted and missrsble 3
condition - II was before its advent. the FrsusA
being unable to afford the protection which thsv
promised IL population assinst their spprsss
ssrs. The Introduction q foreign element
has only served to render still moss perplsxing
their endorsements. The only issue frea
this unhappy state Of things that tAsy
can ses Is in the speedy tsrmtnatisa Of our
own troubles All patriotic and iatsiligsn1
MeKlssns admit that to this governusnt sisas
must they leok for the protection oe The inseloD
tions 70 which they have unaffected 80 stesAy
sa attachment. The Union onoe restored, is =
not to be doubted that one Of the 6rst duties
which il it will propose to itself will bst0 drivs
these French and Spanish invaders from every
foot Of soil which they occupy on this continent
HIoH PRIoEs IN THE CrY.-N il really sur-
prising that 80 large number Of the retaik
dealers in this city continue to demand tho
same prices for their goods that they did whom
gold brought eighty per cent more In currency
than 1t now does. Can they not 500 that there
is falling off in the demand for gold, aud thas'
it Ia mainly and ruiaously pushed up by SGT ol
reckless speculators to more than it is WORTH
Do they not perceive that the Wholesale dealers
are making large deductions from their formss
rakesf There is no longer any real necessity
for gold to be sent abroad, because our exports
now exceed our imports by many millions, sal
consequently 1t is not wanted for tho purpose
Of remittance or the payment Of customs dues.
Besides this, the large absorption Of our
stocks by sagacious capitalists in Germany h
turning exchange against Europe. s0d those
who now ship specie or sell exchange at los
. 100 are doing 80 at . practical loss. And
yet the avaricious and stupid peopte whS
hold on to their old prices do not and will n0S
see the abyss before them. A widespread ~
vulsion is at hand, aud all those who shut theis
eyes to its approach will be sngulfsd 4
% ~ 80 nh>r k~n
already odmmsnoed. We hear the drst NUT
terings Of the storm from Chicago; We perceive
long established houses falling to pieces, even
IN this city. and . stringent money market IN
England il the shadow Of the same event which
il to take place here. Tho rebellion u orun-
bling.
We advise those; therefore, who wish TO ssvs
themselves to soil their gold for what II will
bring; the prompt payment Of all debts by
those who can command greenbacks. before
they become 50 scarce 40 to command pre-
mium and our retailers to mark down their
goods at least Atty per cent, aud get rid q
them ~ soon as possible. Now or never.
THE PsrRoLEoH EAoIrEMErv REUvsD-O0
account OF the condition Of things In ths
PennsylvanIa oil region yesterday awakened
most extraordinary excitement on Change.
The dependency weighing upon tho stock
market for some days was relieved, aud lsag
faces gave way to smiling visages at every oos.
ner. People whs had owned unproduottvs
property In the oil district, and had had their
deeds filed away among mussy documsnAA
overhaulsd them and brought to Light papers
that may prove Of incalorsabls value to thsls
psssessors. Everything in the way Of pstrs-
leum L. going up. especially excitement end
speculation. We shall not be much surprlssA
10 SOC the couosry soon swarming with a popu-
lation as promiscuous as that Of Califoraia i
Its early days. Then look out for gamblers q
oil sorts. 10 stocks as we'll ~ faro, Ia togul
companies a. we'll - In roulette; and then pre-.
pare for crash, vigilance committee and the
mischief to play generally. Then now %
dorados" will DO disoovered-some In New
York State, some In Greene oeunty, southwest.
erly part Of Pennsylvania; In the Kanawha
valley, In Writ and Calhoun counties, Wesa
Virginia. and in other parts Of the country
whore oil fever has already begun to show H.
self At ell events, there IL gay time In pros
pect this fall and next winter for the now ana
brilliant petroleum aristocracy. Pive Ia baSs-
tNe
The Coal QUEsrroN.-The high price Of coal
which has uled here for long time past he's
been far In advance OF its value, and the spec
uistors have made the public believe that 70
must necessarily increase to an exerbItaae
rate as the season advanced. In June aaA
July coal created quite panic, and many pee.
pie were induced to put In their via
ter stock at sn absurd ngurs-els and Ola
. ton. Now, however, II has fallen, win
axerx thing AlaA Ia nj leaat = mndarata nriaas