The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1870-07-20
TEE WAR NEWS Iy WASHINGTON.
Private Property on the High Seas to be Re-
spected-The Hamburg Steamship Line-No
Interruption Of the European Mail Ser
vlce-EfEect Of the War on Our
Funding Policy-The Quss-
ton in the Cabinet.


the act Tor funding the public debt AS 1t Is, how
ever ne will be in no hurry about getting ont the
new bonds He probably realizes that In the midst
OF the general excitement over the troubles in
Europe which spreads TO financial as to all other
circles, he would meet with little success putting
upon the market bonds which, the best could not
be expected TO go OF very lively when there are more
profitable securities to he had IL IL the opinion OF
the Secretary that bonds will back from
Europe IN large quantities. There no real benefit
to foreign holders In sending the bonds here at
this time, for they have sympahzed in this country
with tue downward movement IN Europe and have
CORRESPONDENCE deprecated. He thinks that after
while there Will be demand for our securities in
Europe for permanent investment Then will be
the time TO put out the new bonds With regard to |
the premium on gold the Secretary thinks that WIN
depend very much upon the demand for gold for
export THIS he is inclined to believe VIII be light
because there will be great demand for bread |
stufs and they VIII be taken In exchange for our
purchases in Europe. Altogether the Secretary is
OF the opinion that the in Europe viii not AFFECT
our hnauces uniavorably.
NO INTERRUPTION Or THE EUROPEAN NAIL SERVICE.
There is great deal of eXaggeTaon In the news
paper statements about the embarTassments 10 tue
American malls growing out or The troubles In Eu-
rope. The Postmaster General nus made such ar
engagements AZ VIII secure the transmission or the
Cunard, lnman and Williams & Gl,ion lines OF steam
ships. The mails for Europe VIII hereafter leave New
York three times week. which rs only once less
than they have been leaving with the service Of the
German steamships. The Postmaster General hopes
In short time to be able TO get another line OF steam
ships to carry Thursdays mali, which VIII give the
same facilities that existed before the European
complications arose. lie telegraphed to-day to
France to ascertain if the French government would
oil Tim
States mails to pass, provided they did not
have anything on board contraband OF war; No
answer has yet been received. As so6u as war be-
| comes fixed fact and the French government re-
fuses to accede to the above request The Postmaster
General VIII issue circular advising al persons
sending mall matter to Europe 10 address 10 via
England The United States mails will then he
landed in England ana distributed from that point
in English vessels to their places OF destination. In
case England herself Is drawn into the fight tie
Postmaster General viii then be compelled to nave
the mail carried In such American vessels rs he can
obtain. 1t is hs intention, however, 10 do all he
can to keep up direct communication with Eu-
rope by mail as possible With regard to the Pacific
Mali Steamship Companys steamers the Postmaster
General thinks they are not quite adapted 60 the
Atlantic mail service, as they much slower than
any OF the lines heretofore engaged In carving the
mails.
THE GREAT MISTAKE or CONGRESS-.
Mr.. Creswell thinks Congress made great mis-
take in falllng to adopt the recommendations OF the
President with regard 30 giving American registers
TO foreign built vessels. The immediate effect Of IT,
he says would have been to give az least twenty
OF the best steamers that the Atlanctiose OF
the Hamburg and Bremen lines. With them we
would have obtained the immense carrying trade
which has made fortunes for the companies owning
these vessels. VIII Their the war in Europe VIII be
long short the Postmaster General says we would
have reaped the benefit of the transfer OF these YES
sells to our nag, fcr t wond take their owners ut
least two years to replace them, and ia the mean
time oil the trade would have fallen into our hands
THE HAMBURG MAI. STEAMSHIPS.
Mr.. Kunhardt, OF the Hamburg Steamship Line
arrived here this morning and has had interviews
with Baron Gerolt, Postmaster General Creswe and
Secretary Fish. Mr.. Kunlardt explained to Mr.
Creswel the conditions upon which the Slesa was
to sail urged that the United States mails should
be sent by the steamer. Mr.. Kunhardt felt little
doubt but that the Silesla would moi be moesed by
the French navy, especially since the announcement
by Bismarck that Prussia would exempt from seizure
private property the high without regard 20
reciprocity by France. Mr. Kunhardt urged that
France would not modest the United States mails in
any event, and induced Mr.. Creswel to consent TO
allow the Silesia TO carry the mails as usual
EFFECT OF THE SUSPENSION OF THE GERMAN STEAM
SHIP LINE on EMIGRATION.
After efecting this satisfactory arrangement with
the Postmaster General MIR. Kunhardt called upon
Secretary Fish. lie urged Secretary Fish to use all
mis- influence with france. through Minister Wash
Durne nave the safety OF private property guarau
teed the high seas. He told Mr. Fish that should
the line OF steamers which he represented become
compelled to stop running 1t would result In great
loss to the United States, because it would not only
tran sfert n EnQ1ish
but prevent the emigration from Germany of hun
dreds OF emgraDts who were ready to come to this
country. He reminded Mr.. Fish, also, that several
OF our States have agents in Germany soliciting
emigrants and that the steamship linel has con-
tract to convey such emigrants to the United States
He cited California, Michigan, Georgia ana Alabama
as among States which had appropriated large sums
Of money to keep these emigrant agents abroad and
detray the expenses Of transportation. The loss to
these States OF such emigration would be seriously
felt. Mr.. Fish said that all the statements made by
Mr.. Kunhardt were worthy OF consideration and
that they would receive it.
MASS MEETINGS OF GERMANS
A preliminary meeting was held here to-day by
leading Germans to make arrangements for holding
mass meeting in sympathy with, and In aid OF
Prussia. Carl Schurz after speaking in New York
in behalf Of the cause, will address the Ger.
| mans IN Baltimore on Friday next, returning to
| Washington on Saturday.
PRIVATE PROPERTY ON THE HIGH SEAS EXEMPT
FROM SEIZURE.
| Baron Gerolt has officially communicated to the
| Secretary of State the following telegram
BERLIN, July 10, 1870.
| To BARON GERoLT, Washington--
| For your guidance have to say that private pro-
perry on the high will be exempted from seizure
by his Maesty's ships without regard TO reciprocity.
| BISMARCK.
| The French Minister called upon the Secretary Of