New-York tribune., 1866-12-31

'+''H-'"
THE CHRISTMAS SEASON.
F'0'' ''' 'F'''' LONDON Dec. 15 1866.
| fully expected to have been able to report
o-daw whether the compromise of all suits and
proceedings against Frazer, trenholm N 70,
which, as ! told you q fortnight since; hI;
Gibbs with the help of the COnsul-Geheral, htt
succeeded in tumhhng into, was likely 70 pe
mointoincd In our Court of ChanceTy NOthng,
however is as yet decided The great Confed-
crate mercantile house are, take IT, somewhat
doubtful as to the sOundness OF then niue par
ooin. and are skirmshing, instead OF pressing
to the real issue-getting orders to cross-eAilIn-
inc Mr. Dudley, in the hope OF twisting some
thing he NAV say into confirmation OF the
authority by which the compromise WAS neSo-
tated, and giving other indications that lheye
are not quite comfortable. cant my sci SCI
imagine that the bargain can hold, as IT was
made without the prlvlty or consent 0i MI
Adams. If it should be confirmed, ana fIjzei,
Trenholm Il Co. pocket cool ti0ooVV III
hard cash, beside all the pilckings they nave
had during the war; and at least four valuable
steamers, | should think their loyalty would pe
safe enough for the future, and they VIII pe
able 10 saw with the celebrated candidate VINO
sat for his portrait To Mr.. Biglow,
And Uuce sam L rev'reuces-
Particlarly his pockets
In any case. | fear the chance OF carrying
through the suits to successful ISSUE ana get-
ting a scarchingsdiscovery OF all transactlohs III
this courtry on account of the Rebel GoVein-
ment is seriously damaged. The TACT that TWO
accredited agents of your Government acthaly
set their hands to this agreement Tor com
promise and failed Of they do fall) only through
n slight Oycrstepuing of their powers, VIII De
constantly pressed on the Court, and Will act as
n ,hsadweight at every step. Perhaps your Toy
ernmcnt will adopt their views, and then the
whole matter will be ended-not without some
slight scandal. but still finally, which Is some
thing. | suppose We shall hear the result oil
Mr. Dudley's reference 10 Washington by, next
mail In any ease, he has done ms duty loyal
w. II seems To me that II might be very wise
for your Government. under all the clrcuni-
stances, to SAY: we VIII Rot asteu ~ oo mn
cODpromse which is on the face oi IL u one
sided affair, but we have no wish 10 over
vhelm a private firm, however much 1dcntl-
fed with the late Rebel Government, with
proceedings which no private llim can pear
Let them only give two skilled accountants,
ono on each side with an arbitrator IN case oi
difference, power To examine thelr pookSi anu
state an account as between the finn and the
United States, and we will abide 10y the result.
The whole of the knowledge of these matters
is at prcseut with them. If they will communi-
cnTe this knowledge ON such reference as above
suggested. SOas to enable an account Ia be taken
tst is All welrquire. If not, they have no llglli
to complain al any process winch may he nrees-
sary to extract such discovery from them y
compromise without adequate discovery II u mere
leap in fhe dark, which ] appIehend the Prcsl-
dent VIII scarcely be prepared to sanctloni INT
as he is not likely To consult me on the subject,
! will TTfTam from advising further.
cur home politics have been unusually qmet
-lnrine the pnst week, with the exception of q
discussion y little value in itself but sufficient
TO excite th fiery tcnpers of ardent Radicals
and tT.le-hlte Tories (the few that are left of
thcm) as b. whether the trades demonstration
dn the 3d was or was not success. Wei,
say Ii was' mt, and admit that the trades are
divided, that reform drags, that the middle
class are getting terribly scared, what does u
all natter No man who has the least right
to speak with authority here doubts that, " hat
eycTmay happen M this or that meeting, there u
q very deep aud resolutc feeling abroad among the
pconle thE they must bc made full Citizens ana
1 that without more delay, and whether the middle
! classes are on are not frightened. AT the same
| time ] believe, from all | can see ami raIg,
! thm now they would be well satisfied with
enInethins3veIy far short OF the demands of
the Reform League. All they want Ia Obtain
| is thai the class of persons who live on wages,
the result, of the labor of their hands, shall
haze a fam share in the representation Of 1he
country. ANY fair compromise would he readily
accepted a moderate educational test, lower
ing of the franchise to different points III flil
fe5ynt bOroughs, even PLAIN method Wiihh
they could understand for Wprcscnung mrliorl
Tics or course they will not accept the blu OF
iISt session. The syDilline books are never ni-
fcrcd second time in their original nlnJ'eIS;
lud any moderate Improvement on tlEt blll
vonh cGatent them now, Whatcycr may he
The case 6iX months hence. Don't, hONrfrr,
fupppOsc that deny the panic among the upper
and middle classes, more especially among the
latter. The Trades Unions have thoroughly sue
cfe8cd in frightening the employer class WEat-
ever else tkty may have done. ! am positively
overN hehned with pamphlets, letters, ARTICLES,
10 prove that the present rate ot wages ih me
skilled trades of England Is founded on an
unhealthy - ate of things, and cannot possibly
last that the men are cutting Their OTn
thrOats and throwing away their chlldiGls
bread I'm their efforts tO maintain or even 10
raise this rate that capital Is on the point of
making herself wings and flying to Belgium,
Germany, France. The Statistical SO
ciefv is reading papers and holding
discussions con combinations and strikes
with reference to the rate of wages" There
is, / admit, Eugc amount OF Truth III all TINS
Trades Uni0Ls lave become very formidable
Belgium and france and Germany are beating
us in iron and ,t,1 work, and may soon do IT
i'm other tlin.. thuugh, be il remarked, that
wages are iisins in parts of France and Bel
gium at rate which threatens soon To over
take Onr OVID. fIut the more formidable the
working class X becoming, and the more So.
Ycrely we are pressed 10y strikes, locks out and
their attendant evils, surely the more futile
does this notion Of Withholding the suffrage
become We have this giant TO deal with on
6p eStiOns of thc deepest moment TO the future
of England. lie Itas found his legs, can use
hie arms and SET and talk and think, and Is
he4a at the d0Or afking respectfully enough
tli6 il may be- opened, and that he and
we, nav set down together to settle such mat
teIx as relations of labor and capital, national
edn, ltion and ilie Ike. Is the middle class
going 10 shrek ont murder, and bang the door
i'm lri, face which he cGuld kick down with one
str0k. of his io1I i rather guess not. We
have Ggeatho,rd much worse storms than this
of the labor quo~,ion, the Reform question and
FeniaD ,m, al bloring at once, and have no
rear la what We -lall scramble through. For
apart a1m heSc surface storms, there is a very
sJund and healthy Heart IL all sections of our
peODle yet, and very fair amount of brains
TOO. Ui0css am much deceived tho results m
on partnerships of industry, in which every
wo llmaD gets his share of profits, and which