The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-10-26

and Mr. Beechers late on were both severely crit
cised and condemned
General Banks last nigh. delivered address 10 a
crowded audience in Maiden. Massachusetts,, during
which he took occasion to reply the recent charges
made against his official conduct In Louisiana by Wen
dell Phillips, whom he pretty severe, pro-
nouncng OF the statements OF that orator utterly
untrue He indicated his administration Of affairs
the Southwest and said that throughout in direct
religious conformity the orders Of President Ian
coin
The Continental Bank Note Company, OF this city,
have finished the engravngs for the Irish republican
bonds authorized be issued by the Fenian Congress
recently in session In Philadelphia, and specimen copies
have been laid before They present very hand
appearance and, it is said are proof against the
arts Of the counterfeiter The public sale OF the bonds
is expected 70 commence in about two weeks
The One Hundred and Seventy third New York volun-
teer Fourth metropolitan regiment raised in Brook
lyn recruited from the police force arrived at home
yesterday from Savannah. and had a handsome recep
ton by the police and remen Of the City Of Churches
Headed by band of music and drum corps and es-
corted by hundred and fifty policemen and number
of soldiers tho regiment paraded through
raj Of the principal Streets and the members after
wards entertained Hno dinner the Portland
arsenal wr r
freight train on the Erie Railroad into freight
train the Northern Railroad OF New Jersey at the
Bergen crossing, about five O'Clock yesterday morning
causing the complete wre0k Of OF the engines and
number OF the of both trains but doing injury 10
any person The engineer Of tho Erie train says the col
lsicn occurred by his misakng the red signal at the
ancton of the for the light at tho 10
the tunnel 81
The stock market stronger yesterday, and closed
and closed at 1861 145H
The markets continued dull yesterday, as general
thing; but prices showed important change Foreign
goods quiet Domestic produce dull Groceries
were quiet Cotton duh Petroleum lower On
Change -four fairly active, but q triie weaker
Grain was without decided change Pork irregular
end lower Beef was steady Lard was heavy. Whsscy
was excited and higher
The Adams-Russell Correspondence on
Our Claims Against England.
We spread before our readers to-day the
official correspondence between Mr.. Adams,
our Minister at London, and Earl Russell, on
the subject Of the responsibility of England for
property destroyed by the Alabama. The cor
respondence itself shows The grounds on which
Mr. Adams makes the British government re-
sponsible, and on which Earl Rassell refuses to
admit responsibility. The question is so plainly
being the case, and We having anticipated the
argument in our issue of yesterday, we leave
the public TO pass judgment
While we have no doubt about the people
sustaining the government in the action it
has taken, or about the government
firmly maintaining ills ground in the dis
pute, we are not without fear that il
the question be left to Mr. Seward and
Earl Russell it will dwindle down to one
Of dollars and cents-that soans sort of patci. 4
work compromise will be made, leaving the
principle which is involved unsettled. We
hope the President will take hold of the matter
with his strong, practical common sense an 4
sasacious foresight, and have not only the
claim for indemnity settled, but the principle
Of international law determined also. The
civil war in this country has brought our promi-
nenlly before the world questions concerning
the recognition OF belligerents, what const-
tutes slligerenss and their rights, the law Of
blockade, the duties and privileges OF neutrals,
and other cognate questions. And this war, so
anomalous and unprecedented, has developed
new phases OF some of these questions. We
could not say that we shall have properly
closed up the war till they are settled. Other
nations as well az The United States will be liza
Be to continual disputes while they are open.
We do not know that We are not even now
land, arising from the unsettled and undeter-
mined international law on them. 1t is all
very we'll TO quote this great lawyer or that
distinguished writer but the trouble is both
sides quote, and put their own and opposite
constructions upon the authorities they cite.
There is no inialible authority nor any well
defined principle laid down. This is what we
need-what the world necds--to settle present
and to avoid tuturc difficulties AS regards
ourselves especially, while we are not afraid
of war--and no country Is no capable of
waging Tive desire peace. We have grand
r6le and destiny to fulfil in the world, and we
want well secured and lasting peace to per-
form the mighty work. We may DO compelled
10 purchase this from foreign governments by
The sword, and put the arbitration of questions
in dispute to armed hosts before we
can feel secure OF permanent peace; but
we would rather do IL by other means.
The questions affecting us directly at pres
ent, as those referred to about neutrals,
heligerents and maritime law, involve princi
pies that should oe settled by a Congress Of the
great Powers in clear and well deter
minei manner, 80 as to avoid future difficulties.
Such Congress could at the same time settle
the other questions Of political character