New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-05-17

Il
finance is concerned-pOitieal problems not in
oaestoD-win be attended with any embarrassment
do not believe that that debt will constitute difficulty
for the American people. Cbeers.J confident that if
they with respect finance portion of that exraor
during and Of that equally remarkable resolution with
which the return of peee they have brought their mo
and gigantic establishments within modern bounds
hear heaTi wort that tins debt according to an
preston which fashionable in this country will be
brought within small limits and may within the
lifetime of persons living be eced altogether Hear
hear AZ this moment America IS believe paying war
and the amount Of the Of the United States Is
less apprehend than about sOoGO0o of money the
largest raised in country for the purpoeso
central government The estimated surplus from 23U1VO
about ten millions Of their taxation are menaced the
sa Impotence OF the people with respect to some OF the taxes
Of that country strongly the policy OF reducing the
debt and am quite certain that from TINS SIDE OF the water
shall send him hearty expression Of good wishes for his
success both on account Of interest in the well being Of
friendly nation and because be hoped that the example
America viii benefciay this country. Cheers
have here the national debts Of nine countries in Europe es
mated from the trustworthy data could obtain find
with the exception OF Hollands there not one OF these
virtually contracted during the last twenty
years. Of peace for there has been any war expen
duSe added them during that time is insignificant in
amount. Holland. lind, acts pruden'y, and reduces
debt while the finances Of Prussia are model OF good ad
miusration, for Prussas debt stands al tiV"Vn ana
Hollands es500OO0 Russas debt is estimated at a279
0Q GEO. and Austras at s3l6 0OoO0 The debt OF France Is
not capital debit and 1t IS dhcut 10 estimate u Win ae
curacy IL il made up OF Renes OF % years purchase and as
nearly possible il amounts TO fiOlOOJo 1t Is the lag
est Of these debts yet because OF the Immense resources
the country ami the energy and wonderful thnes OF It's
pc PIE one need perhaps feel less Anxiety Tor us iliuFe Sc
ropean Government; ays debt stands at f2 600 oOo and
SG oOo and tie debt q Taftey which believe to
s be e GTmesn van GGS@ Ths great bulk Of
these debts amounting altogether to $500 have aeen
INFLATED OF and have not been thrown upon
the several counties during struggle for life VIII not
but emitting Holland which has decreased It's debt and omit
ting which does habtuay increase It, and omit
ling Spain also Which keeps nearly equilibrium
Ne o
10 increase their debts during time OF peace at the annual
otber bad hts dcbtmsking has tendency spread En
rope should therefore know the increase and look at from the
rebt poat VI view II spending time of peace the
of war; IT exactly year good harvest the
country the whole of that good harvest and hs another
Europe for the rest of the century the debts OF
these nine @ s tnS PTeseH aSes e'
circumstances. 1t not merely the money engagements
that is CON ativcy little matter II Is not only very
great mis- 9hef that 60 20 millions should be drawn
useful profitable purposes for na is even worse than
uBprOductye expenditure but II is an enormous political DIN
Guilty which being gradually stored up by TINS most mpo
dent course nm
remarks that ii il has other claims to attention II will
deserve be remembered that in which the duty OF tho
generation TO postey in reference to the National
debt first insisted upon by Chancellor OF the L.
chequer.
THE JAMAICA MAssACREs.
The Pail Man gazette says " We understand that MI
Russell Quincy O. c.. and Mr. Maule have brought with
them the report Of the Jamaica Commission, which was
unanimously agreed upon between themselves and Sir H.
dispatch The bluebook will be of the largest ever
seen being sweed out by of official papers, as
well BY the vonninous notes of evidence. IL would be
premature speculate the tenor Of the report but
hardly be doubted that Gov Eyre will be recalled by
the next mail
The correspondent of The Times in Jamaica observes OF
the Commissioners report that it is unanimous and VIII
have Therefore all the weight which must attach Ia 1t as
setting forth the concurrent opinions of soldier Of high
position, and great administrative experience and OF two
able lawyers both holding important judicial offices IN
England" The report and notes of evidence viii not oe-
cupy than 1900 pages Of the usual buebook size
THE GREAT EASTERN STEAMSHIP COMPANY, LIMITED.
The report of the directors, TO be submitted TO the pro-
pelors at an extraordinary general meeting OF the COM
pany to be held in London the th Instant states that
after full delberaon on the part OF the drec.1rs al
arrangement had been made whereby the Telegraph Con-
strucon and Maintenance Company are TO have the snip
for laying second Atlantic cable paying for the same IN
addition all expenses fl2 900 IN cash IN any event.
by iustanents extending the period Of the charter
On the new cable of 1866 being successfully laid the
charterers are to transfer TO this company G25,OOO
in shares of the Anglo-American Telegraph Company
Limited, fully paid up; and, In the event OF the cable OF
last year being completed this company Is 10 receive
| tho $4,000 in ordinary stock OF the Atian-
| tic Telegraph Company. specified IN the pre-
vous charter The charerers have also the option of re-
tanning the ship after laying the cable Of 1900 on the pay
ment Of 81 900 per month"; and Go per mile for all cables
successfully laid with the proviso that the minimum pay
this company shall be not less than at the rate
of f2 per annum. The directors have doubt that
the pTopretors viii with them IN considering the
above very satisfactory and they venture 10
express their rfdcn belief that the expedition OF THIS
fitted With every appliance which the experience acquired
on tie last occasion has shown TO be necessary for sur
mounting any difficulties which may present. them
selves daring operation In pursuance OF t terms OF
the charter three instamen,s Of 900 each have been
received from the chaTtcers These payments become
due monthly; that early IN July sum OF toooo rom
this source will be in hand and available for dividend
The Directors therefore, propose TO pay an interim dN
dend Of six per free of income tax early IN that
month may be found practicable The statement OF
accounts the 3st December last duly audedis annexed
As anticipated in the last report, further and hnady-
dend has been received from the trustees in respect OF the
bonds Of the Great Ship Company held by this Company
which has been applied in reduction of the cost OF
the ship.
THE HABBAS CORPUS.
On the ith In the House of Commons there was de-
bate on the habeas corpus suspension in Ireland but
nothing of moment resulted.
RECIPROCITY.
Mr. WatkiD called attention TO the termination OF
the Reciprocity treaty and the pursued by the
Government in reference 10 IL. He moved resolution
expressing regret that timely negotiation had failed 10
procure the revival of the Treaty and that the House
would look with satisfaction upon any measure which
NAV tend to perpetuse friendly relations between the
United States and Her Maestys possessions in North
America
Before Mr. Watkin concluded his speech the House
was counted ont, there not being quorum present.
THE FRNlANS
Another attempt 10 assasslnate Dublin Police Officer
had taken place. II not successful although the man
was not on, Of danger Two arrested for the
| outrage.
Austria, Prussia, and Italy.
The position of affairs still continued critical, and active