The Louisiana Democrat. [volume] (Alexandria, La.) 1845-1918, 1869-11-10
'TEIlBGRA PHIC

1
1T is not our business to satisfy tn,
Feniaas. They would not be satisfied j
Ireland Were douhly confscated for the
benefit. In closing accounts with Irelan,
IL may be Just and necessary to recogniz,
lpresumptive rights of doubtful origin, bu
1T cannot be so to foster growth of simila
rights in future. Our business is to dc
Justice between parties constituting tn,
bone and sinew Of Ireland, whose interest,
are identical, and to extirpate most aneien
root of Irish wrongs. 1t would be wis,
not to NEEDLE with the land question al
all At the same time it would be shor
/ sighted to sacrifice the ne7t generation
Ireland wants rest and agitation. but shor
lived rest must not be purchased by con
cesslons pregnant with anarchy"
FLORENCE, Oct. 31.-The Italian Gov
eminent reserves the right to reject the
decision of the Ecumencal Council if it i;
opposed to the laws of the country and
the spirit of the age.
MADRID, Oct. 3l.-rhe budget for the
current year is five hundred ard twenty
millions of reals short. The chances OF
the Duke Of Genoa for the throne are in
creaslng. The people seem opposed to
/
in favor of the Duke de Mountpenser.
PARIS. Oct. 3l.--Le Publique says the
report of the Emperor's relapse is false
Prince Napoleon had an interview with
the Emperor. This, coupled with the
sudden death of Emile Olivier in Paris
causes q revival of the runlors of Minis
terial changes.
WASHINGTON, Oct. 3l.--Boutwel di-
reefs the Assistant Treasurer at New Y ok
to give notice that the sale of gold and
purchase OF bonds will be continued with
out change during November.
The debt statement shows decrease oil
| nearly seven and half millions; coin
balance, one hundred and seventeen mil
lions; currency balance, seven and a
quarter millions. Shipments of fractional
currency to Charleston and New Orleans.
1000; to Mobile, $500
A committee of the Louisville Conven-
ton, to wait upon Grant, arrived here to-
night. They will have an interview to-
morrow.
ST. LOUIS, Oct 31--The Stonewall
wreck committee report no bodies found
to-day. Three were buried yesterday
names unknown. Several picked up be-
low, alive.
NEW YORK, Oct. 3l.-There was sud-
den change to-day in the aspect of specula-
ton in the Gold Room and Government
bond market, which gave rise to considera.
BILE gossip on the street. 1t is stat I'd that
a representative of the Boston ring" of
spectators in the Government bond mark
ct was in Washington urging upon Secre-
tary Boutwell, the necessity of increasing
the Government purchase of bonds and
decreasing Treasury sales of gold during
November. 1t is further stated that the
Secretary has been bolstered up with some
statement that there is large amount of
short interest bonds in the market here,
aud If he buys larger amount of bonds in
November than in October, the market
would likely take an upward tendency,
and his purchases at high prices would
look better before Congress. These spec
ulators have been working in the gold
market, and yesterday withdrew gold from
the market in order to make it scarce,
and make it worth something for borrow
ing. This plan met with little success
yesterday, but large disbursements and
sales by the Treasury interfere materially
with operations. Making gold artifcally
scarce in order to advance the price Of
Government bonds renders it necessary at
the present juncture to get up the price of
gold, and these Boston patriots are en-
gagged in the rather queer operation of
bulling gold Government bonds at the
same time.
Information that Secretary Boutwell,
would increase the purchase of bonds and
decrease the sales of gold during Novem-
Der is generously distributed to specula-
tors of Wall street by Boston patriots
There may or may not be any truth in
these reports, but they certainly affected
the course of the values in gold and Gov
eminent bonds on the market to day. We
give them to the public simply as they are
atioat on the street. The programme of
the Treasury Department. for November
is awaited with much anxiety by the com
munity
The bank statement created no little
surprise on the street to-day. The figures
are entirely the reverse of what was ex-
pected from Treasury movements aud the
flew Of currency from this point. The
81 100000 of Treasury gold sold yesterday
does not come within the scope of the
statement, as the gold was delivered to-
day. Taken altogether. the statement
cannot be intelligently explained, and the
press declined the task. When the figures
were known on the Stock Exchange it
was shown there was very little faith in
the statement by the public
WASHINGTON, Nov. 1.-The following is
a fuller statement of Supreme Court case
Thoriugton VS. Smyth & Hartley, in the
bill in equity for the enforcement of VEN
doris lien. Smyth s. Hartley purchased
Thoringtons land, and gave,a promsory
note for part payment. The transaction
occurred in 1864. Without modifying the
circumstances, Thorington would be entitl-
ed to decree for the amount, and inter-
est. The defence pleaded that only Con-
federGte notes were current.
The land was worth only $4,000 real
money; the contract price was $40 900 and
$35 900 whereof was actually paid Con
federate notes. and the note for the remain
ing $4,000 was to be discharged in the
same manner, and it is claimed on this
state of facts, that the vendor is entitled to
no relief in the United States Courts,
which claim was sustained by court be-
low, and the case dismissed. The ques-
tions before the Supreme Cocrt on appeal
are: First, can q contract for the payment
of Confederate notes, maue during the
late rebellion, between parties residing
within the Confederate States, be enforced
at all in the Courts of the United States
g Can evidence be received to prove
promise expressed to be for the payment