The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1870-04-02

N(hA0NA AeoN' 50 H'AhNNS
sumed the shape of a mania, the equal Of which
never was before witnessed in the room. The Hue
tuations were unusually frequent. Dealers recorded
nearly 100 changes during the day. The scene was
almost understandable. Everywhere in financial
and commercial circles the gold question was the
great topic of conversation. AS 1t contlnned It's
downward conrse il was felt through all the raInii-
cations of business. The excitement was intensified
by all manners of rumors from Washington. which
caused repeated fluctuations in the price. The de-
cline OF gold bad a tendency further To nnsettie
business in mercantile circles aud weaken prices.
This was particularly applicable to the department
of dry goods.
The TTiJune's Washington special says several
Congressman, intending Senators Carpenter. Nor
ton, Wilson and Pomeroy, and Gems. Banks and
Logan, had a private interview with Gen. Qnesada
yesterday. Quesada says the insurgents are as
strong as ever; that Gen. Jordan is still chief in
command. He denies all the stories OF the surreD-
der of bands of Cubans, and asserts that they hold
twe-thirds of the island and are sure of success. He
don't care much for recognition. But he wants
arms and munitions of war.
A IriGuHe's special says of the New Hampshire
election We have returns from threefourths of the
State, which leave no doubt OF the election OF
Onslow Stearns, as Governor and Chas. u. Gage,
as Railroad Commissioner. by n majority Of from a
1000 TO 1900. The Republicans elect all the
Counsellors but one. and have "a majority in the
other branches of the Legislature.
The HeroLd says the New Hampshire State cleo
ton results Ill the success OF the Republicans by u
greatly reduced majority of about 900 over
eHftS Ofh II taoA WI
was 3, LIB Grants majority was G,967.
Capt. g. +. Hall proposes 10 make another trip in
search OF the northwestern passage. He intends 10
start with a steam propeller Of $50 tons, TO be pro-
vided also with sails. lie will also have a topsail
schooner of about the sam tonnage. His route
will be into jones' Sound, and thence by sea or
land. as circumstances favor, TO the pole. After
taking the roads as far as practicable, Capt. Hall
intends TO use Esquimaux dogs and sledges for
prosecuting the search. Admiral Grinnell, OF the
Japan Navy. and recently Of the United States
Navy, will it is said, accompany Capt. Hall.
JACKSON, Miss, March l0.-Gen. Alcorn was in
augurated to-day. an immense crowd was present
and anxious TO hear the Governors views. The
utmost satisfaction was manifested ut bis speech.
The Governor says he is at heart aud soul a son Of
the South, and guarantees 10 enforce the protection
OF all classes-without the aid Of the military If
possible, with ii If necessary.
He recommends replacing the present statute
books by those suited TO the changed condition Of
things. and pledges himself TO appoint the best men
possible to the Judiciary. Gen. LOngstreet was
present.
1t is believed Yerger's application for bail will
be considered tomorrow.
Congress.
WASHINGTON, March I0.-The House Committee
on Foreign Affairs this morning were engaged in
the discussion Of Cuban Affairs. They have before
them all the facts thus far furnished by the State
Department. but desire additional information be-
fore they come to a conclusion on Banks resolu-
ton defining the relations between the people of
Cuba and the Government Of Spain.
In order to act upon them more intelligently,
they have authorized the Chairman 10 write 10 the
Secretary OF State TO be present at a special meet
ing of the Committee next Monday.
There is reason to believe that a majority OF the
members are opposed TO the resolution recently
reported by the Senate on Foreign Re
lations.
Two freight trains collided on the Pacific Rail-
road, near Franklin, last night, injuring the loco
motives and smashing several freight cars.
Stevenson offered q resolution authorizing the
President to furnish a steamer and tender for the
Arctic voyage under Capt. c. Il. Hall, and appro-
priating 100000 for the expenses thereof. Re-
ferred to the COmmittee on Appropriations, and
the House adjourned.
Mr.. Terry offered a resolution providing for the
consideration in open session of treaties for the
annexation of territory.
Garfield, from the Committee on Banking and
Currency, reported to-day on the gold question.
The report gives a circumstantial history, and
makes the following points:
First-Prominent bankers and merchants who
testified before the Committee were nearly unani-
nous in the opinion that there was no sufficient
reason for the existence Of gold exchanges. and
that they were a source of measureless evils and
ought to be destroyed.
Second-The gold conspiracies dealt a heavy
f5fefgn' ciplCa1isly nfCne 3UlGH. sbakjnR the faith OF
the honesty of our people and at home the coun-
try was injured in its business and morality and
the heavy and numerous defalcations that shortly
followed are clearly traceable 10 the mad spirit
engaged In by speculation,
Third-The Committee 6nd that with wicked
conspiracy the attempts to i~mplicate the President
of the United States, or his family, have utterly
failed.
The report is severe on Corbin, who, il says, nn-
der worse hypocrisy than that which puts on the
guise of religion and patriotism, used all bis arts
to learn something from private conversation,
which could be made profitable TO him and his
fellow-conspirators but the testimony has not
ELECTED anything in consistency with il. The re-
port relieves Mrs. Grant and General Porter from
suspicious of gold gambling. All the public funds
TO Butter1eld were faithfully accounted
1t is not conclnsively proved that he was
with the conspirators, though the evil
dence on this point is conficting--Gonld swearing
that be bought two lots of altogether a
million and a half of gold for Butter6eld who,
on the other hand, denies this statement under
oath. It Is proved that during the panic two firms
Of brokers sold gold on Butter6eld's order and for
his profit, and that during bis whole term Of Office
he was dealing largely in United States bonds on
bis own account.
WASHINGTON, March 8.-Mr. Morton. from the
on Foreign Relations, reported a bill
making it a misdemeanor TO at out chips OF war
with the intent that they be employed In the SER
of any European power or State, for the pur-
pose of snbduing American colonists claiming in
dependence, and providing for the forfeiture or
such vessels.
The Republicans Washington special asserts that
Gov. Senter has prepared the draft Of a paper,
which is probably now on the way 10 Washington,
isking the President for Z. S. troops TO aid in sup
pressing the Kuklux ia Tennessee. II saws the
natter has been kept a profound secret, as Senter
ears assassination If the fact became known be-
ore the arrival of troops.
The President and the Secretary of War. after
'onsultation, have ordered four companies OF
roops to Tennessee, to aid the revenue and other
United States officers in enforcing the laws.
The determination Of PrOsser of Tennessee 10
ppoint a negro to West Point, is followed by the
announcement that Mccormick OF Arizona will
commend an Indian Cadet. and the delegate
Wyoming declares he will appoint a woman.
CHICAGO, March 1.-THE TTiJune's New York
peciai says a movement has been commenced 10
a fund for the families Of the officers and
zen OF the Oneida. One subscription list will be
ircnlated at the navy yard, and another among
eading merchants.
Several English residents have offered 10 con-
rlbute and they say the conduct of Captain Eyre
Tas ~lnhuman, and unworthy Of a British sailor.
European.
ST. PETERSBURG, March 4.-The Empress has
lritten a letter of coincidence TO Mrs. Burlingame.
he Emperor sent a telegrapbic communication 10
he authorities at Washington and Pekin. express
~ profound sorrow for the affiction of both nations
1 the death of Mr.. Burlingame.
VIENNA, March 8.-The Austrian Government has
UtnnrizQ6 Won Tfdaror ffa 1finfosa~ "a yUaansu~Au