The New York herald., 1866-08-28

continent The settlements now 10 come 0S-
tween the great Powers are of a more momeA-
tous character and It will require even greater
craftsmanship, perhaps greater generalship, to
decide them than 1t did for those already set-
tied.
BUTLER ON THE WAR PATH.-It appears from
General Buffers recent speech that he wants
more fighting. This is quite natural for =
Butler did no fighting during the last vax.
being "bottled up" by the rebels, he wants
another chance to distinguish himself But hs
ought to understand that the American peopae
have had enough Of civil war for centuries =
come.
BANQUET-1HE FALL CAxPAIGN.-The Pres
dents trip-the first days journey Of which
will be this day from Washington to Philsde-
phia-is . projected excursion, which, TO tho
Chicago Douglas Monument Inauguration and
back, Will, as arranged, occupy at least . fort.
night, and may probably be extended to three
weeks. Whether Mr.. johnson proposes =
make il regular stumping campaign from
point to point against the radicals and their ~
tacks upon his administration, his measures
and his motives, will most likely depeoa
very much upon the radicals themselves. Hs
is an experienced, ready and popular speech
maker, we oil know, and one Of that rare claaD
freely without blundering. We presume tAae
he will st least mako something like regulas
speech ct the banquet which 10 70 be given
him at Delmonico's on Wednesday (to-noe.
row evening. This banquet will be grand
affair, ten thousand dollars having been -
apart for this purpose from . Johnson fund a
Gfty thousand dollars, subscribed BY ono huA.
dred Of our most influential citizens, the con-
tribution Of each being Eve hundred dollars.
The forty thousand dollars, more or less, 70.
naming Of this fund, after the payment Of 10
expenses Of the supper, will be devoted to -
incidental expenses Of the fall campaigs
against the radicals here and elsewhere.
In this connection We are gratihed to Learn
that an adjourned meeting Of the delegates
from the city and county Of New York to fhs
late National Union Convention st Philsdsl.
phia will be held this evening at the Maisoa
Doree, to make arrangements for grand mass
meeting to be held at Union square. on q
before the l7th Of September, to ratify ~
action Of said National Union Convention.
Thus the campaign for the next Congress by the
johnson Union elements against the present
radical Congress promises TO be energetic.
harmonious and successfal-thc Inauguration,
in fSct, Of great political revolution.
GOLD CoMNG AND GoNG.-Within the lase
few days there have been two shipments
Of specie from England TO this country.
one Of half . million dollars by the
Allemannia, and upwards Of half million
by the Scotia. While this is coming In -
notice that three quarters Of million Is going
out The shipmcnt OF gold to us created
good deal Of speculation ss to the cause, and
now the expectation Of gold at the same time
may appear puxzling TO superficial observers.
The fact 10 these are only spamodic transac-
tions resulting from speculation or balances Of
trade between certain houses or firms, which
current Of commerce. But In short time such
IN apparent incongruity IS the shipment Of
gold both ways ct the samc time will not take
place. Az soon ss telegraphic communication
between Europe and America settles down 70
regular system exchange and the balances
Of trade win be regulated through that NO
dium. Indeed, oil important business win
be transacted BY and through the Atlantic
cable or cables There will be les necessity
for the transportation Of specie ~ tclegraphing
comes into use. A few great centres Of cor
merce will have most Of the specie deposited
with them, and the fact Of such deposits beng
there. subject 70 bs drawn upon, viii, In many
cases, answer the purposes Of commerce and
obviats the necessity Of removing specie. The
Atlantic telegraph 10 going 70 produce great
revolution In this respect, - in many others;
but We must wall htts while till ito opera
tions become systemaHzed.
CrrwuAs BUrrxp,s RyrrRxsvur ypou Pour