, 1865-08-10
QUE PAKIg LETTER.
The Municipal Loan nx1nx Rapidly
TAken-Ioc.e eAstnK CoH6dence In Ahe
govern hsntnt-aopts lor Mexico


Correspondence Of the Chicago Tribuue-]
TAH1s, Tuetdsy, July 25th, 1865
This day the public subscription opens for
The new city loan of $50 millions; and the
fact Is almost the only one which affords us
topic OF conversation or imparts some de-
gree OF llvel ness 10 our present state of stag
nation. The subscription, however, has been
going on for some time previous at the Yari-
ous money-chapgers. before whose windows
the rich prizes or this municipal lottery have
been hanging IN tempting array as sort Of
bait TO the ANAL FRY Of the population Ap-
pa1ently the desired effect has been.
prcnrced,7 for the crowd assembled be.
fore The doors of these agents
WIS. everywhere great and !; eager;
and though their offerings were not
very large, get numhera must soon swell the
amount, and thEre can be little doubt that
the subscription will cover many times the
required sun. Looking in at the Credit Mo-
bllicr, I found vast concouree Of people,
chi. fly belonging to The laborIng classes, also
paying In to that es ablishment THAR savings,
10 be invested In city stock. No doubt The
extent Of the prizes oH.red {mo1e than
MfNf1Td OF francs every TearI IL the main
cause; Of all this atacrIty, Still, The way iu
which the people come forward to Offer their
money to the city Is proof Of great coafl-
atnce IN me stability OF the existing state: OF
things, and must consequently: be pleasing
TO the Government. For In ali French reyo-
1utions the city revenues have been the first
to suffer, and to suffer most severely, the 1u-
ties from which they are mainly derived be-
Ing essentially dependent upon public tran
guilty and the presence Of . vast number ;of
rich foreign sojonr0ers IN the capital.
hR 4f}fU ri
Emperor and Empress, which Is unmtstaka-
bic, is also another ground OF confidence, The
result, TOO, Of The general municipal cleo
tioDs throughout the country has just coin
cided fortunately and propitiously with tue
issue Of the loan: These elections for the re-
construction Of the municipalities took place
by universal suffrage, aud tue Opposition had
counted upon great eucc sa and almost q
popular demonstration against the local ad-
min'stra.ions, at least, II no: exactly against
tho Government itself. The contrary, how.
ever, has proved to be the case. The returns,
that the list Of candidates favored BY the au-
tholities bas almost eyerywhe been carried.
Only in one or two localities, such as Mar
STILES for instance, has the Opposition list
teen wholly triumphant; aud th1s result IL
the more remarkable because oi1ltia1 fnflu.
ence hss been more sFarfnEly aud cautiously
used than has been the case in any previous
election. The Imperial Government has evil
dent1y st!1l q ssiong hold upon the lmagna-
ticns Of The masses
The impression OF thoroughly good un-
dcrs,anding being re.establ shed between
this country aud the United States, coupltd d
as 1t is with renewal OF commercial rela-
ticns On a large scale, are further grounds Of
public confidence. The MonHtur recently
took occasion to speak in the most favorable
terms Of the state of things In America. Tbs
amnesty Of President johnson, It said, was
now much better understood and appreciat-
I'd, and his liberal use Of the prerogatiye Of
patdon Ras highly commended. Also the
AonEeur remarked, with great satisfaction,
the unm.stakable demonkt atfons Ia favor Of
a policy If peace and return to pacific avo-
cations exhibited by the people ofthe Uni cd
Stats generally, and noticed that such ques-
one as that Of Mexico had almost ceased to
be asitated among them. Especially the
official journal commended a 'tpetitiou''
which 1t represented "as being signed just
now by many Of the principal merchants OF
New YorE, III favor OF the recognition of the
Mexican Empire" Certainly, nothing but
such an act ~ tho one alluded to is now re-
qufred to draw as closely as ever the bonds Of
friendship which have 60 long united the peo-
Pile ard Governments OF France and Annex
ics. The great hope here is that the Cabinet
Of Washington may ere long find such recog-
milton to be not inconsistent With the na-
ffnna 4 tnternat and H(rnifv