The evening Argus. [volume] (Rock Island, Ill.) 1861-1871, 1865-08-17
BY TELEGRAPH
Exported for the Daily Argls.
The Atlantic Cable Lost

NEW YoHk, Aug. I7--But little additional has !
been developed concerning the great defanltsr
since Yesterday Tne whole robssns' are now
failure to let this proceed was announced several
days since, has been arrested on charge of giving
checks on banks in which be had no funds. HIS
operations in value, however, are loss Of only
about 500, 900.
The N. Y. Herald's Quebec correspondent
gives some rather startling facts respecting affairs
IN the British proyisces. The Canadian debt er-
ceeds seventy five millions OF dollars, upwards Of
three fourths of which has been incurred during
the past 10 years.
Political affairs are also represented to be IN
very ticklIsh condition.
NEW YosK, Aug. l7.-The Hon. Preston King
yesterday executed his bonds a. collector oil the
port of New York, in the sum of SO 900. His
bondemen are Andrew Corrywan and h. Blatch-
lord, who justify in 100000 each. The bonds
were executed by Judge Belts, his honor suose-
quently administering the oath Of ONCE to tho
new incumbent, who will enter upon the duties
of his Office on the LIST of September next.
The N. Y. Times Washington special says:
The IRE pressIble conflict has developed another
| phase in this city. The Washington secessionIsts
| who reside in the aristocratic locality OF l4th
| street and Massachusetts Avenue object to tae
colored school established in that vicinity by Gen.
Howard, o? the freedmen's bureau. They be-
seech him to have them removed, and assign
| among other reasons that IL will depreciate the
| price OF real estate. IrH
The Wertz trial went over sgain to-day and j,
| may not begin for week. 1t seems after all that
| the evidence constantly coming In may cause
some changes in the charges and specifications.
| The ". Y. Herald's special says:
Ali the soldiers no~ in the field, with the single
exception OF thosein the military divisions under
Gen. Sherman, have been paid up to and lnclud-
ing the 30th Of June last, and for Sheridan's de-
| partment over $40 100000 were sent two weeks
| ago to the paymaster, with which to settle al
demands against the government.
number OF the citizens Of Richmond
have been here for several days with an OBJ
jeot OF calling on the president as u delega
ton in behalf of themselves and others con
corning pardons Yesterday the self consti
,uted committee visited the White House and
were addressed bv the president in friendl,
manner. To the enquiry where they wsr'
from, member of the delegation, in pom
pous style, answered: 1--WE are proud Il
say that we are from the city Of Richmond.
The president remarked that he did not se
any occasion for pride in that tact, and, turn
ing to his book. devoted his attention to 9th
err matters. Thus ended the int rview Sew
eral paroles called up to day to reinforce tn
delegation. Whot new movement is to be at
tempted is not yet developed.
New YORK, August 1.-THE comment
and speculations Of the English papers con
r corning the Atlantic cable, receive by tn
China, are, in the absence Uf more dehnit
, intelligence from the Great Eastern, Interest
ing. On all hands IL is believed that ipjur
J to the cable must have occurred after il lei
, the ship. Rough weather, sufficient to hav
caused a breakage OF the cable, Is out ut IN
question, o. the instruments employed NJ Va
lentia were so delicate TO receive ever
lurch of the big ship. When the loss Of IL
sulation became known ou board of the-Grea
; Eastern. It was supposed that those in charg
. of the operations would order the ship to
put back IN order to underrun the wire an
: discover the flaw While tn
? operation was in progress
according to the writer in the Londo
8 Times. a brisk wind or any r. ughness Of III
r seawould compel the telegraph people to OF
j the cable at once aud buoy it.
The report brought by the First Fruit
not absolutely consistant with the suppositiO
that was done. That supposition is supper
ed by the fact that while it was in latitud
81, longitude 80. that the Insulation first b,
gan to give out and that the Great Easter
probably went some distance after this.
was in latitude 81 and 40, longitude 30
degree near Valentia than the First Fru
. could buoy. As to the possibility of recove
! ing the cable should it have buoyed as suI
, gested Opinions differ.
The London Daily News mentions as a
encouraging omen OF the fact that the cab
is now working-was fshed cut 600 fail
oms of water under less favorable circuu
stances. Should the worst anticipations
realized and the cable found to have partd,-
only about 500 miles will be Lost. From &c
to 500 miles can be recovered from the yalir
tia end.
D INV YORK, Aug. live are receivin
news from the Great Eastern which render
1t probable that the cable is lost.
BOsToN, Aug. 1.-THE China is ashor
here but will be got off without permaneu