The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-10-27


The New York GOLD Pa,ic.
The London Times of the 18th of October, in
its city article, says--
The Frankfort advices state that the Bourse
has been dull for the last fortnight, and that
the transactions have been below the average
even of the dead season of the year. 1t ap-
pears that the operators have been equally dis
pleased with the occurrences at Vienna and
New York and are disnclined to run any risks
in connection with them. AT Vienna the crisis
is prolonged by II resort to pallatlves and a
want of courage to adopt the only possible
remedy, namely, winding up oil sucn banks
and industrial concerns are inherently un-
sound, and from which all confidence is with
drawn. "As long MS numerous calls are hang
ing over the Bourse, to which the shareholders
are unable or unwilling to respond, any perma-
nent improvement of tone is out OF the question:
The gold gambling in New York has produced an
uneasy feeling with regard to all financial affairs
in America, and has caused the business in
United States bonds to be much restricted. It's
stated to be matter Of universal surprise that
Mr.. Boutwell, should think such moment OPP
perfume to mediate reduction oil the interest
of the debt by free conversion. Everybody
would accept his offer of reimbursement and re-
turn to the old investments in South German
stock, now at 92@93 for the foul-and-a-half per
cents, which were at 104O106 when American
bonds were first introduced into this country"
The debts of these South German States in most
cases scarcely exceed the capital they have in
vested in remuneratve railways, for the con-
struction of which they have been issued. As
long as gold is not the standard currency OF the
United States, any attempt to reduce the interest
of the bonds will, it is affirmed, result in fail
ure as they are only held in such large quanti-
ties for their superior interest.
The Pal Mall Gazette, of the 10th of October
SAYS
The late drama in Wall street suggests num-
Der of ennobling images-gorgcd Vultures whet-
ting their cruel beaks for internecine battle;
troops of rival Indian braves on the war-path
levelling their lances at each others breasts,
their spoils to be the prize of the winner; ban
pn.IC nd
the national moro for their knives. No man,
perhaps, has made greater name of late in the
country of remarkable men" than Mr. James
Fisk, Jr. Possibly the local press of New
York have by this time traced their hero's
antecedents back to ehis cradle; his nurse,
if he had one, or if she still survives, has
doubtless been freely interviewed"
1t is to her spectators that America owes her
growing greatness; it is better for the promise
OF her future that they should err on the side of
rashness and patriotic units should be proud to
be ruined for the general good. Still, even in the
hoiest of wars we may spare tear to the dead
and wounded that strew the battlefield. There
is good deal of private Inconvenience repre-
sented by government securities huctuating six
per cent, while railway stocks sink by
thirty, and miscellaneous scrip sells for waste
paper. The victims may have found it tempo
rarily soothing, the spectacle OF some of Mr..
Fisk's agents suspendlng themselves ana others
suspendmg payment.
Succession TO the French Throne.
The journal Paris of October 10, in its pOlit
cal column, reproduces the terms OF conversa-
ton which, it says, took place IN 1867, at the
time of the Exhibition, between the Emperor OF
the French and 'the head of United States
family with whom Louis Napoleon has remained,
ever since his residence in America on terms o
aifectionate intimacy
II was saws that journal, shortly after an Illness
oI the Prince Imperial. Fears had been entertained
hat his life was in danger, and the Emperor, who
}ns Ms was S naa X Se e
said his Majesty 'to lose him, and if / had been
convinced of the impossiblity Of having auothet
direct heir should certainly have put into eXecu.
tion an extraordinary project | shonld have given
France the privileges, liberties, aud institutions
of republic; should have decided to become the
first citizen OF my country, after having restored to
it all thaS the necessities of policy have compelled
me to deprive it of for time; in a word, should
have rendered impossible, after me- any other form
of government than the republican, the only one
which, wisely understood and applied by an ener-
getic power, suits the Temperament Of the French
people. But that dream must be renounced, az
i shall endeavor to find the means of reconcillng
two principles which seem incompatibe-the en-
pire and liberty My heirs win reign and France
will only lose distinctive epithet the name OF
republic"
Victor Hugo's Letter TO NJ. Joudan.
The following letter from NJ. Victor Hugo has
been addressed to NJ. Joudan, OF the Stecte:-
'BRUssELs, Oct. 49, 1sG9.-My Dear Friend and
Former Colleague:-I receive the Steele. 1 read
your article, which touches me, honors me, and sur
prises me- ! thank you for giving me an opportu-
nifty Of putting an end TO mlstake. Ia the first
place am mere reader OF the Raped thought
to repeat it. In the second place. nave not recon-
mended and do not recommend, any manifestation
for the x6th OF october. | have fully approved OF
the Rappel when it called upon the members OF
Left FOR manifestation in which the
people of Paris could take part-a demonstration
essentially pacific and without arms, like the demon
strations of the people OF London in such case,
like the demonstration OF 10000 Fenians at Dublin
a few days ago--that is what the RGppel wanted.
But as the Left held aloof, the people must hold
aloof too, The people havenC standpoint to go to
work. Therefore, no manifestation. Right Is on
the peoples side; violence on the Governments side,
Let us give preteXt to the Government to use
violence against right On the 26th Of October no
one must go down into the streets. The obvious
result. of the present state OF things must
be the abolition of the OATH solemn
declaration of the representatives OF the Left
leasing themselves from the oath u e., the oath to
the Emperor) in presence OF the nation, that is the
real issue of the crsis-the moral ana revolutionary
issue IL is purposey couple these Two words. Let
the people abstain, and the Chassepot IS parayzed
let the representatives speak out, ana the oath IS
abolished. These are the two Recommendations
wish to make, and as you ask me What my luea 49,
there IL is. One word more. When recommend an
insurrectiOn shall be there. But on thls occasion
don't recommend one ! thank you for your elo-
quent appeal | reply TO 1t in haste, ana snake your
hand. NICTok hU0V'
Eugene In Venice.
Venice (Oct 13) Correspondence of London Ieegrdph
The departure OF the Empress OF the Fre1ch took
place yesterday. The crowd cheered. The Empress
stood on deck waving her handkerchief and bidding
farewell in the kndest manner to the Inhabitants OF
Venice Among those who had the honor OF an
interview with the. Empress on board the yacnt
were the Prefect, the Syndic, the General or the
fortress the Admiral, and number OF other officials.
The Syndc, who had been decorated by the EN-
press the day beforethe Grand Cross OF the Legion
Of Honor having been sent by the Emperor-was
there partly in an Oticial capacity, he had 10
undertake commissions from her Majesty the fulfil