Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-10-25
RUMoRs OF PEACE.

The rumors OF peace movements
whether reliable or otherwise, have
grown into such importance as to be
worthy of mention at least, if not of con
fidence. The effect is visible in the cot
ton market. where considerable ANNA
ton is beginning to prevail A declara-
ton of permanent peace at this time
would unlock capital, improve the price
Of cotton, stimulate the picking of cot
ton, which now lags along most tardily
aud give an impetus to all branches OF
trade. which would cause all classes to re-
joice. Ever so slight an advance of our
rseas staple affords relief TO holders,
planters. and nearly every body but the
spectators In commercial point OF
new, We are very much interested in
tie termination Of the war; and there
are people so selfish as to be quite I'M
eoneerned whether the provinces Of
Alsaee aud Lorraine revert to their
ancient 0wners-the Germans-or con-
time under the French flag King
William. we understand, is willing to
stop this cruel war and 20 home if he
can first place the youthful Prince I'M
perial on the throne, with Bazaine as
Regent. Bat whsther the King will de-
mand the provinces mentioned or be
content with the perpetual reduction Of
all French fortresses on the frontier, is
not exactly a settled question. The
King viii do anything sooner than per-
NIT Republic to spring up on the rains
Of the Empire he has oyerrun. He is
no fiend Of meditated republics, whether
on German OF French sod The French
people are volatile and ehangeable
They lived and pruspered, as they never
had before, twenty years under the
rule Of Napoleon; yet, when Napo-
leon Vas out Of sight moment,
they became republican mob, and
tore down the French eagles and all
the insignia Of the Empire within
reach. The tide Of feeling will change
if ever the Prusziaas capture Paris, and
the coronati0n Of the Prince Imperial
be hailed with peans Of delight We only
hope that the form Of government to be
established IN France may be the one
best adapted to their wants aud capacity
Of selfeovernment. Republican liberty
az it Is called, can be abused as well al
kngiy authority. and We know in thi,
counfry BY sad experience that almost
every vesfiIgs Of constitutiouailiberty NAY
BE- swspt away and sramplsd under foo
IN che name Of Republication. England
has monarchy. yet the people have no
been Deprived % he right Of Aabeas cor
pus and trial by jury. as W have IN thi
county, mis-stylsd the land Of the fre'
aud the home Of the brave. Hence
Is that We havs never been able to Worl
ourselves into q great amoGntof enthusi
asm about the mob-made RepabEe o
France. lhe people are unitea nov ?.
their'martial instincts and varlike prid
inthe presence Dian arrogant enemy, b.
they have never taken vote on III
question Of Red Republieauism. and IT ]
not at all certain tia, they would Be
unit in peace for the new governmen
and lis selfproclaimed leaders Bu
aside from these issues. which happily
are not left 20 the people Of this eoun
try TO settle. as We have enough to d.
already, We hope that peace vail soon b
announced; that the honor ofall nation
concerned will be vindicated so vel
that war shall not be deemed necessar.
again for several years; that bloodshe'
may be stayed, aud be succeeded bothii
Europe and this country by the triumph
Of art, science. commerce and humanity
In other words, adopting a new EXPIRE
sion. Oct us bare peace.