The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1872-09-27
A PRoF1rApnE NEUTRALITY-SUSPICIOUS.

A PROFITABLE INVESTMENT England
has completely turned the tables on us
this time, Brother Jonathan, has, here
tofore, had the credit 0fp}driviag hard
bargainsssand filling his own pocket at
other peoples expense. a}Jdhn Bail now
returns the compliment,with compound
Interest. and wipes o66 old scores with
educ diligence"-a Yankee invention.
British cruisers in the Confederate
service drove American shipping from
the ocean during the civil war. Thoy
annihilated magnificent marine, which
exceeded 5000, QUO tons, and transported
tWo-thirds of our foreign trade. In
three short years, this immense business
was transferred to the Britiah flag. where
it remains to-day, immensely augmented
in value and profit by seven years of
peace. When the administration Of
Grant came into Office, the first cry was
demand Tor reparntion against Great
Britain. Preparatory to that step the
jeoted, because it only provided for indi :.
vidual injuries The President would
not listen to anything less than damages
which would atone for the destruction of
commerce, insurance, pursuit of the
cruisers, and the expenses of the war
after Gettysburg. That was the tone of
his messages to Congress and all the cor
rospondence. He asked, in round num-
bcrs, according to tho best estimates,
81, 100, 600. 900, to make good the nation
al and personal losses. After much
parade of this sort, a secret bargain was
made with Sir james Rose, British
banker, III tue winter of 1870 by which
board OF arbitration was to be estab-
lished to ndjudioate these claims. That
bargain soon took form afterwards, and
was followed by the treaty, which came
near breaking down several times, both
before and since the meeting at Geneva.
by conflicting constructions of it's Ian
guage. Well, the nrbitrutors commenced
by kicking out of doors in the most un-
handsome manner the whole 81, 100, 000,-
600, and refusing to take any notice Of
Mr.. Fish's supplicatory appeal to estnb-
lish ga principle" in regard to claims for
indirect losses Then adopting tho
thoughts and the figures of Mr.. Golden
in the House of Commons, they found
Great Britain guilty of arming, equip
ping and harboring the cruisrrs, and
awarded tho United States "a sum in
gross" of SIS. 100000 to cover every.
thing! Now, what is the practical result
OF this judgment? -
1. England secures the carrXAg g trude,
which is worth nearly SlOO, 0OO, 600 a
year.
2. England secures treaty by which
the United States arc bound to keep the
police of American waters and ports, in
case England should be engaged in 70.
reign war, or revolt in Ireland, 80 that
no ships or arms can be sold or trans
ported to any belligerent.
3. England secures receipt in full
for oil past depredations upon American
commerce. and pledge of future and
fraternal friendship, for having outwit-
ted the Yankees.
Besides all these benefits, England is
to have large award from the commits
sion to settle British claims, which will
perhaps Offset the allowance ut Geneva
1t would never do for the shrewed diplo-
matists, vino have managed to make the
President, Secretary Of State, commits
sioners, counsel, agent and arbitrators,
the instruments of their success, to ex-
hiblt any Joy which might provoke popu-
lar resentment. So my Lord Cockburn
was conveniently sullen, and the Tory
press have been told to clamor against
the award. by way of soothing the hot
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cents, the verdict is SIS, 500, 600 TO the
United States, from which must be de.
Quoted the awards Of the British claims
yet to be mado. That is our side of the
account. England gets 500. 900, 900 q
year of carrying trade, and commerce
enlarged by seven years of peaceful mo-
nopoly. That is the Grant way of doing
business with foreign nations, and espe-
cinlly with our greatest rival. Aud we
are asked to throw up our caps and shout
ourselves hoarse over this ''great
achievement" rs it is called by the pa
triots and presses wearing the Grant
livery. After having bnsely surrendered
every pretension, and being humiliatetl
| by settlement which adds insult to in
jury, the Administration, which has thus
abjectly abandoned American rights, has
the audacity to claim credit for its dis
honoring submission, incompetency aud
craven retreat Washington Patriot
The American people have now M op-
portnnity to contemplate the strange
spectacle of State official in Jail for his
honesty, and not for his knavery. In
deed, it is probable that if he were more
Of rogue, he could have established
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