New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-08-24

Of the elements of discord can be effected within
reasonable PERIOD the national credit VIII DC main
tanned and general confidence DO restored Inc
vast amount Of paper money Issued py the
Government will be lessened by gradually Withdrawing
| tt from circulation in exchange for the ponds
which already from the effect Of continued military
successes in increased demand both IN Europe ana
tins country There will, Of course be FLUCTUATIONS,
httu and violent changcs-but prices must. as general
rule decline with the reduction Of tie currency until
the specie value be reached when trade will move Oh
in lis accustomed channels. How soOn--wthin what
number OF yearsths will be ACCOMPLISHED, is matter
dependent on SO many important political conditions,
that 1t Is Impossible at present to form any satisfactory
opinion Inc energy which has, especially within the
last year. been displayed in bringing the war to close
tho discrimination OF the people to regstabsh the
national authority throughout the whole extent of the
Unon-and the readiness eynced oil sides TO sub.
NIT to the heavy taxation in order provide for the
payment Of the interest on the public debt cannot fail
to hasten the period when resumption Of specie pay.
ments should take place. On tho other hand until
more Of tue temper Of the Southern people is known
notwithstanding the failure Of their attempt at indie.
pendence, and while the confscation and other
punitive retained in force, 1t
would be unsafe to count on state Of absolute
peace. and the benefits to result from it, Should order
and tranquility be reestabshei In the South. vast
trade would spring up with that section In which en-
ploymcnt would be found for the present redundant
Government paper currency. provided the state and
national banks be restricted In their issues. The great
debt which the civil war has created will asiMate the
United States in one respect TO European nations.
namely. in the existence aud permancncy OF a heavy
public deDt. That 1t viii not be repudiated (ns many
during the uncertainties Of the civil wary apprehended)
there now be very little dout; but with The vastly
increased amount OF public expenditure which must
hcnceorth b. provided Tor the payment Of the interest
OF the debt will be found heavy burden, especially
taking account the greatly augmented amounts OF
State and municipal debts which must he provided for
at the time Still the vast resources OF the
try. and In particular the mineral wealth Of tue Pacific
States and intermediate territories. which only
beginning to be developed. may under practical man.
agement be made av liable at an earlier period than Is
supposed FOR the reduction of the principal OF the
national debt.
TIE CuOLERA-ITs FLIGHT WESTWARD.
We have dates from Gibraltar TO Aug. 6.
Cholera appears gradually creeping Westward. The
towns the Eas, coast of Spain in their dread OF the
Introduction OF the epidemic are imposing Quarantine
on each other
The following are extracts from letters dated Con.
ls,antlnople. July q:
During the cholera many people don't come to
town any longer; many villages on tie Bosphorns have
been deserted Our stock exchange (ConsOiide hbanl
is open Tor only about two hours and a hail daily.
don't remember ever seeing such gicon' ana wen
may people fear after the example OF Cairo aud Alex
anaIin At the Geetea Tower We have two provisional
hospitals Up TO the present. believe, we are on the
increase and although the number OF attacks mas ony
been 800 odd per day which, Win population OF more
than one million j. not very great number yet rs no
tell when. where, aud how 1t Will finish 1t IL
natural that the alarm should spread. The greatest
number Of deahs Las been ls0 per day. but of course
this may be doubled in the course OF few hours. or II
may be reduced much. One popularity is that up to
tic present moment has, with one or two EXCEPTIONS
been exclusively confined Ia the poorer and lnuige1t
classes. II must be admitted IN justice TO this Govern.
that il means 10 come Ia the assistance OF
the public. Money provisions. shelter and other
requisite or necessary have been furnished with
beraliiy which must call forth the praise Of every
honest person. Many very many OF tho Inhabitants
are deserng place altogether. aud every steamer
carries away great numbers of the COnstan,n0pe resi-
dents The French steamer which lett yesterday was
30 crowded that the agents were Obliged to refuse
tickets, although very large boat.
July 3l.-I sorry TO say that since ny last the
cholera has greatly increased, and am a,raia that
during the last two three days the must have
attained the number OF 500 odd daily, although for
other the local papers do not give the
her Of attacks The mortality abOnt 30 10 50 per
cent as near az 1 learn. although some days il
reaches 81"