Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1867-03-23
z q r o P E.
LATEST By ATLANTIC CABLE,

LATEST By ATLANTIC CABLE.
Paris dispatches of yesterday say it is an
nounced, upon what authority is not given,
that the Emperor Napoleon favors coofedera-
ton of Holland, France, Belgium and Swltzer-
land against Prussia. The National Parliament
of Italy was inauguyatcd at Florence yesterday,
the King delivering the opening speech from
the throne. Advices from Brazil state that
the allied forces had resumed active operations
against Paraguay. The latest accounts from
the Pacific coast of South America report that
the Spanish squadron was in sight OF and pur-
suing the combined feet of Chill and Peru.
Consos closed at 81 United States Five TWEEN
ties at London at TAI and at Franktort at ~.
The Liverpool Cotton market was dull with a
downward tendency. Breadstutts quiet
PAYING THE INTEREST ON TIE STATE DEBT
The section stricken out OF this bill by the
Senate, as we have already explained, author
lied the Board of Public Works to exchange
the shares OF the State in the internal improve
ment corporations for State bonds, upon iair
terms.
This provision was thought most IMPORT
ant by the House, and Mr.. Crump promised
that as soon as the General Assembly resumed
its deliberations he wonld introduce bill pro-
yidine for the sale OF the States interest III the
public works upon the plan proposed in the
section stricken ont by the Senate. MIR. PendIe-
ton expressed his qualification al this an
nouncement, and hoped that the Legislature
would, as soon rs possible, take the proper
steps to dissolve all connection between the
State and the Improvement corporations
The passage Of the law to pay four per cent.
interest on the State debt will improve the
value of State bonds and afford great relief to
many persons who are in needy circumstances.
Yet it is too true that the hardShlps and pres
sure Of the last two years have caused 4 vast
amount of stock to change hands, and in that
way to very much diminish the number of
those whose wants now make the payment of
this interest a partial relief from want if not
severe suffering
The effect upon the value OF State bonds was
very decided yesterday. The opening price
was 81 (G32, and it advanced rapidly after the
passage o! the interest bill to 81 at which it
closed - Richmond Dispatch.
THE SECRET OF "CONFIsCATION. "-Confsca-
ton, as shown by MIR. Stevens, is not only one
Of the weapons Of civilized war, but ore OF the
acknowledged remedies Of the victorious power;
and in proving these plain propositions, with
Ill his incom parable logic, sustained by unchai-
leryed historic authorities. he has given to the
people of the South an adnaOnition which they
cannot lay too deeply to heart. 4 :; !.
To this end all efforts to secure possession OF
the primary and preparatory organizations in
the insurgent States, by the authors, aivoca tes
and agents Of the rebellion, should be abandon-
ed Instead of seeking to put themselves for
ward MS the leaders OF the new di>pcnsation,
they shouN elect nnlSHpp0rt the hnonU reprc&cn-
tatires Of til" ruioa sentiment. F1rucy'S
N10nicle
A secret fear lest the colorel people in the
Rural districts in the South, cannot bcmanipu
lated into Radical machines, is entertained by
many Of the leaders, And If they lini that
the influence aud advice Of such men as Wade
Hampton are to prevail over Mei' teachings,
they will next 60 on, to prevent the exercise OF
vent the colored people from acting under it,
by some device against them.
FROM MEXICO.-A special dispatch from
Vera Cruz, dated the 18th instant say; I3a-
zaine, the last Of the French commanders, left
on be 18th. The French iron-clad gunboats are
still at Vera Cruz. They we're to have sailed
on the 10th The Liberals are investing The
city, having possession Of the railroad and
water works An attack is daily expected
tered vessel, which will be ready al any mo-
ment to take them out of the country. 10
person is allowed To leave the city by the gates
1t is difficult to obtain reliable news from the
interior 1t is the impression that Vera Cruz
will, in a short time, be in possession OF the
Liberals Tampico is still occupied By the
1mperiallsts,
PENNIES. No little curiosity has been tx
cited by the fact that parties 10 this city are
making industrious search for nickle pennies Of
1858, paying eagerly from fifteen to thirty per
Ct, premium for them We presume there is
scarce grocery, market stall or fruit stand
in the city that has not been visited By these
collectors Of the coin in question: Another
curious fact has been elected by the demand
for these pennies, and that il that the search
for them IN quiet way must have been in pro-
gress for years, as it turns Out that they have
been almost wholly Withdrawn from circulation.
If any one having. quantity of pennies OF diff
terent dates aud issues on hand doubts this
fact, let him hunt among the lot for the penny
of '5S and he will find them nearly az scarce as
hens teeth AS the coin is Of too recent date
to be in demand az relics tor collections, the
accepted theory is that, by some accident at the
time of their coinage, these pennies contain a
large per centage Of gold which fact has been
discovered by the parties engaged in the search.
49, WaMsn9ton Star.
OPINION OF GEN. RoBT. f.. LEE.-A dis
patch from Richmond dated yesterday says /:
SIT will be authoritativcly announced to morrow
that General Lee is strongly in favor Of the
people voting for 4 convention and that every
man not actually disfranchised should not only
take the necessary steps TO prepare himself to