The Vermont transcript. [volume] (St. Albans, Vt.) 1864-1870, 1865-08-25

considerable majority Az ~ "ss'i 'V"'
and apparently on good authority,
that the military authorities damaged
the Union cause by interfering WIN
The elections in an unwarrantable man
ner. II il now considered certain that
the election in Tennessee resulted Ill
the election of six Union men TO Con /
oress. with only two conservatives or
pro-slayery men. Gov. Browniow is
taking efficient measures to ascertain
whether the election was conducted
legally throughout the state.
The Maine democratic convention
was held at Portland on Tuesday, ana
Joseph Howard of Portland was nom
mated for governor by reclamation.
The resolutions adopted express
thankfulness that the war Is ended,
and declare that the democracy OF
Maine will cordially support President
Johnson in his policy towards the re-
bellious states
The Colorado constitutional conyen-
ton, now in session at Denver, has
voted that it is expedient to form
state government, and if the people
endorse the movement, Colorado will
soon make application for admission
to the Union.
Preston King has been appointed
collector of customs at New York, III
place of Simeon Draper, step that
causes considerable connection among
the New York politicians Moses f.
Odell, formerly member of Congress
from Brooklyn. has been appointed
naval agent at New York
Commissioner of patents Holloway
leaves his Office this week, and is sue
ceedod by Congressman Theaker OF
Ohio. Horatio 4. Conger has been
appointed acting Assistant Secretary
of State during the illness of Frederick
/ W. Seward.
The Atlantic Telegraph.
The attempt to lay the Atlantic telc-
} graph cable is a failure for the present
though hopes are still expressed that
the work may yet be safely accom-
plished this season The break, which
occurred on the Doth ult., was prompt
| " repaired, and everything went wei
e till the morning of the ID inst, when
after the Great Eastern had sailed
!. 1850 miles and paid on 1900 miles o
4 the cable, it parted in 1850 fathoms o
\ water or in nearly the deepest part o
D the course over which the cable was
r to pass The spot was Immediately
a marked with buoy, and the Grea
y Eastern made three attempts to crap
e pie the lost end, and after raising j
1900 fathoms, and a less distance a
u the other trials, the graphing instru
n ments broke, and on the llth tn,
e Great Eastern sailed for England foi
r stronger and better graphing gear
u and after procuring it hopes TO return
G and complete the work The conyo,
+ of the Great Eastern, the British wa
J. steamers Terrible and Galatea arrive,
a at St John, y. f., on Friday, bring
J ing the intelligence, also letter from
one of the electricians which speak
8, most hopefully Of ultimate success
G He says there is no difficulty at al ii
graphing the cable with the prope
II tackle, even in the greatest depth o
a water There is thus chance tina
j the great enterprise may yet be &C
l. complished this season if good wealth
or can he had when the next attemp
lis made Too great interests are IN
yolved to allow OF failure tin every at
tempt has been made to render tn
undertaking success, and we shal
r not give UP the hope Of speedy tele
u graphic communication with Englan,
F., tin after one more trial, at least
Inmen,e Frauds and Oscillations.
i The country in general, was startlc
10 on Tuesday by the news Of the suspen
! sion of the great banking firm of Moi
r. ris Ketchlm, Son Y Co, and furthe
o. developments have disclosed serie
p Of gigantic frauds on the part of Ed
~ ward b. ketchunl, son of Morri
q Ketchum, and at present managin
~ member Of the firm. Young Ketchur
= has been specializing largely for som
I time in gold and stocks, and to cove
\ up heavy losses OF late he has issue
If forged gold checks to the amount {
~ two millions or two millions and
,e half, which he deposited as collater,
n security for loans, stipulating tina
nj they should not be put upon the MAJ
"a ket Hence, though large numbo
81 of the forged checks have been ISSUED
n and some of them have been out for
ot long time, none of the checks WEI
ct presented for payment till Tuesda,
H. when one was presented at the ban
nj Of New York, on which the check wa
IN drawn, and at once pronounced fol
ne gerry. The same day young Ketchul
rs disappeared with 100000 in greer
backs, and his whereabouts are no
unknown Besides the house of Mo
is ris Ketchum, Son & Co., Charles CIR,
Id ham 4 Co., who were employed
pit ketchum as brokers, are deeply il
s. yolved, and have been obliged to SUI
Tia pend payment, and it is estimate
ne that the total loss by young Ketcl
is ums operations will not be less tina
be four millions, though the amount can
n not yet be accurately ascertaine
al This young man who has thus brougl
by rum upon himself aud to many other
n Is only twenty-five years old, and hi
D. a young wife and child, with ever,
ld thing to make his life pleasant Il
n. was not fast man in the populi
] GO