Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1866-08-31
BY TELEGRAPH.
MIDNIGHT DISPATCHES
LATEST FROM ALL QUARTERS

New ORLEANS, August 30. Cotton
easier, sales of 300 bales low middhng at
33634c, receipts, l66 bales; bank sterl-
ing, 55; New York exchange, par;
freighls unchanged; gold, l453.
There were fourteen deaths from
cholera yesterday.
NEW YORK, August 30.-The banquet
TO the President last night was SPLEEN
did affair. Among those present weue
Grant. Farragut, Seward, Rousseau. and
The Mexican and Brazilian Ministers, A.
T. Stewart and upwards of two. aandred
prominent citizens were present The
President spoke at great length and said
in the course of his remarks, that the
Government went to war for the express
purpose of saving the Union of the
States, and the Government bad estab-
lished the great fact that the States
have net the power or the right, either
by foreible or peaceable means to
sepayate from each other But the
Congress has positively assumed, and
mn TO the present time, carried out the
doctrine that the Government was
dissolved, and that the States were
out of the Union. He denied their
right to secede, even peacefully, and
now when these States ask again to
renew their practical relations with the
Union by sending representatives to
Congress, there are men in that body
who, in violation of our great charter of
liberty, refuse to admit them The ques-
ton is, will we submit Will the Ameri-
can people submit to this practical asso-
citation on the doctrine they Lave repu-
dated and overthrow by the war?
That is the issue before you. II we sub
nit 10 this, we give the lie direct to every
position taken by us since the war com
menced He asked. in the spirit of sound
christianity and sound philosophy, if we
are prepared again TO see one portion OF
the country arrayed against the other
in deadly conflict, or shall we make ev-
cry effort to unite the whole country
in harmony and broiherly affection
Referring to the Philadelphia Conven-
ton, he said The best evidences that
can be shown OF loyalty are their pro-
fessions and actions, and when these
gentlemen, met in convention from the
North and South, come forward and pro-
TESS devotion to the Union and Consti-
tuition, and when their actions and pro-
fessions correspond, who can dare to
doubt them, that we have reached that
point where all confidence is lost in men.
If we have, | tell you our Government
is not as strong as a rope OF
sand 1t has no weight, and will tumble
to pieces. The adhesive power of this
Government is in the confidence which
the people put in each other. lie said
the South had accepted the arbitrament
of the sword and lost, and wanted now
to return again to the Union He did
not want to see them come back de-
graded and debased, but wanted them to
come with all their manhood. They
have again taken up the Constitution,
and ask that its laws shall be enforced.
What then was the cause of distrust or
lack Of confidence in them7 There is a
no cause He also said that General
Grant and himself had fought for the
Union, once at one end of the line, and
they were Sighting for il at the other,
and Grant was not in the field, but he (
vas doing equally good service Laugh
ter and applause He said our three
billion of debt could be paid only by the. |
consolidation of our nationality, andths
people and the Union Of the States.
In conclusion, he said the demonstration |
in New York confirmed him in. his |
opinion that the people will take care
of the Government, and those who |
would attempt to check their purposes
had better stand out Of the way. As for |
himself he had reached the summit Of |
his ambition without exception He said
there is one thing, would you like TO hear
it2 Cries Of yes At that particular !,
crisis and periodof our history, when the
States are in peril, il / can be the instru.
ment in the hands of the people Of re :
storing this Union and making il con =
plete, causing the Government to reco m
pence its glorious and mighty career of
and greatness, | Twill be willing |
o exclaim, as some one did Of old, hen
he saw the Babe born in the mango r. Al |
nave seen the glory of this salvation.
Now, Lord, let thy servant der art in
peace Enthusiastic applause. This
being done, my ambition is conf lete; / |
lsk nothing more / would re- Their live |
n history and in the affections a nd hearts
If my countrymen as having CT ,usumma-
ed this great object, than be President
# the United States forever.
Here the audience broke ir.to an over
burst of applause, and on the
all OF Gen. Sanford, gave three cheers
or " Andrew Johnson, the Restorer of
be Uaion."
Adviees per the Arabia state that DR.
forbes, Cotton Commissioner for the In
ian Government who recently visited
be cotton States, estimates the crop AT
200, 600 bales. The Carolinas, 100000
ales; Georgia, 5000 bales; Alabama, |
00, 900 bales; the other four States will
OF exceed 400, 900 bales. /
Gold, l47s 5-20's, ll21; l0-4O's. 1903:
our, Southern, dali, So 75al5 so
heat. 2@4c lower; corn, l@2c lower /
ats, 4e lower beef quiet; pork, quiet
sales of 2250 bbls at S32 IS; lard, dull |
lS2@204c; whiskey, active; cotton.
ill-sales Of 800 bales at 3s(a35c; su-
IT, &c higher; coffee, quiet; molasses,
III turpentine, 6sG70c; resin, S2@s.
A..