The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-04-23

VPOi SStVuos-
East and West, in view Of decisive cam.
paign, it Is the manifest duty OF the govern.
meat to bring ell is available forces veterans,
new recruits and militia, In some way into GO
tive service.
Fernando Wood ana che AIinlas
Bubbles.
Although the Hon. Fernando Wood has
sometimes misrepresented his constituents and
done JEFF. Davis some service. yet the resolu-
ton which he recently introduced into Con-
gress giving the government the control Of
the rich gold, silver and copper mines in the
Western States and Territories, has the ring OF
the true metal. Should that resolution be per-
sistently pressed upon the attention Of the House
and vote be taken upon It. Mr.. Wood will
soon burst the mining bubbles that have deluded
innocent people for the past few weeks, and
he will be entitled to considerable gratitude
for 80 doing. If the mines Of Mexico are of
sufficient Importance to induce Napoleon and
Macmillan TO attempt to set up an empire on
American soil. in order to gain possession Of
them, surely the Western mines. which are
quite as valuable, deserve some consideration
from our authorities.
The bubbles blown by Colorado Jewett and
the numerous spectators who follow in his
train may be turned to practical account yet
Newton discovered the law Of gravitation by
meditating upon the fall Of an apple. and Sec
rotary Chase may discover the way to pay OF
our national debt by rejecting . little upon
Colorado Jewett's bubble schemes. or course
tho schemes themselves amount to nothing.
They are supported only by such journals as
the World, which try to depreciate the. paper
currency Of the United States. and yet advo-
cate this other paper currency Of Wall street,
based upon gold and silver that the spectators
never owned. But the government does own
these metals, and may make something out Of
them by insisting upon It's rights, as Mr.. Wood
proposes. We see no reason why the copper
mines should be left to the copperheads.
Certainly some practical plan may be
devised by which the government can
take the wind out of the bubbles Of the specu-
lAtors and derive vast revenue from Colorado,
Arizona and other mining regions. With SO
strange II We can find no other use for II than
that to which the bubble blowers aud ktenyers
Of the Stock Exchange are now putting Il, to
the imminent danger Of those who invest in
such fancy securities.
A singular popularity Of the mining specula-
tions is that several Of our best foreign and ma
tive bankers snd dnanciers appear to be deepIy
in these projects. There sre no bet.
ter foreign bankers than Belmont q Co., tho
agents Of che Rothschilds, and 10 better Ameri-
can bankers than Duncan, Sherman & Co; and
tho names Of these gentlemen, with nAny
others, are very prominent in the advertise
ments and the circulars Of new mining COM
panies. II Is surprising that fnsnciefs Of
such reputation should commit themselves
TO schemes which seem to Ms doubtful, TO say
tho least Of them. Some Of the mining com
panies may perhaps be bona Jfde; bat where
all promise equally large returns, whore all
are backed by apparently responsible names,
and where all the circulars glitter with as
surances Of speedy returns and dividends that
seem fabulous, even Ia this expansive and ex-
traordinary age, we find it impossible to dis
criminate between the false and the true, the
bogus and the bona Jide the gilt and the gold
The general public, to whom such . discrimi-
nation is still more impossible, and who are
altogether too apt to bite at the wrong bait,
will do well to avoid all such investments
until fuller and clearer information can be
obtained from responsible official sources.
Mr.. Woods resolution would put the whole
matter in the hands Of the government; and
we hope, therefore, that the resolution will be
BALLAD nm md poooad
SECRET ATTEMPTS AT INsURREcrroy m New
YoRK.-The riots Of last summer very clearly
showed that there are numerous unblushing
individuals among us whose chief interest and
design are the instigation Of riots and violent
demonstrations in this city. II is the duty of
the Governor and all others In authority to
keep sharp watch over these fellows. Their
plans and Vaccinations, though hitherto
secretly conducted, are not now altogether
unknown.
In 1861 the New York Tribune and other
radical abolition papers worked hard In the
cause Of public riots. and stimulated dis
turbances BY every means at their disposal.
The object Of Greeley and his followers has,
IN fact, always been excitement 10 bloodshed
and the breaking Of the public peace. This
idea. so long preached and sustained BY
the black republicans, has come at last
TO be the watchword Of the ultra radicals
on the copperhead side Of the question. It was
Ills that stimulated them last year TO get up
Inc riots 10 this city which proved 80 destruo-
tive 10 human life and 10 public as we'll ~ prl-
vsts property. These lamcntable results may
all be directly traced to the teachings Of parti-
san papers, such as the Tribune aud the we'll
known copperhcad organism the city In the
cxo~ 1910 Uo~;na - caat A. ~