The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-05-17
Peake, Opdycke Co. 5; Tent, Griswold& Kellogg;
M. X Jesup A Co
Among the Merchants.

Among the Merchnnts.
VIEWS OF ROYAL PHELPS.
Mr.. Royal Phelps thought there could be bat
one opinion entertained by intelligent men in re-
gard to the treaty difhculty at present agitating
the country. There was frightful mistake in the
matter from beginning to end. The honor and dig
nifty OF great nation at stake, and In the
hands OF men who could not sufficiently realize the
magnitude and Importance of their position or
ably fulfil Its duties. The friendly and commercial
relations Of two great peoples had been hazarded
by thoughtless politicians, who knew nothing Of
the tendency Of their action and had no idea
OF the weight OF interests OF every nature involved.
This country was no longer untrammelled In It's
independence. Its bonds in the hands Of British
capitalists placed 1t in the position OF bro
ker on the street against whom are held
the papers OF "call loan" When the
creditor calls the debtor must pay Or iburst.n
Before the war, when We owed no debts to foreign
creditors, we were In an independent condition, but
now unadvised and hasty action may produce
panic that win send three thousand millions OF
securities here for settlement 1t Is claimed py
those who had the treaty In charge that they never
intended to press the claims for consequential
damages-that they were j0kingly added-oDly In
serted as q makeWeight, TO be at any time with
drawn The same spirit actuated the claim, In
that case, that leads q barber to say, "Give me
what you please" expecting to obtain more than
he deserves. 1t is too bad that We, great nation,
were represented In the conduct Of this AFFAIR
by men who could not rise above the
petty practices OF q corner GROCERY
These Western politicians cannot properly
appreciate this matter. They are accustomed 70
work for political erect, more or less regardless OF
means, and do not know anything OF the Immense
interests OF the country that hang upon the issue,
and which can only he safely conducted IN an hon.
0rable and straightforward manner Here are the
vast interests Of the railways being built to open
up our industries, and whose bonds are lying upon
the marSet waiting for foreign takers. Oh sir, 10
is great mistake II ie like the oppressive and I'M
popular Income tax, which the government has
| three times given notice would be removed, and
which It Is now intimated is 10 De continued. Mr..
Fish app cached this matter OF the Alapama
claiJns as a gentleman, but it has now been most
| wrGtchedly and depiopably mismanaged
CYRUS W. FIELDS OPINION.
Mr. Cyrus W. Field regretted very much the en-
tanglement Of the treaty. He said that during last
year he travelled much throughout Great Britain and
the Continent, and on every hand he was congratu
Il lated as an American ON the great triumph his
in fact, considered the greatest diplomatic triumph
OF the age. England was peacefully humbled be-
generous s and pe%erfsipeope. Now ali this would
be changed. He hoped that some way would be
fsand to save the treaty perha Iea e IN
lis erect than the payment OF consequential dam
ages With sea coast extending from1New Bruins
to sae NoTsn Pole be danser
TO us la the assertion and establishment or the
4 principle OF consequential damages. In case OF a
war between foreign Powers, the adventurous and
ut out expeditions beyond the watchfulness OF our
government to prevent, which would not I'M
ns Mr. Field " sboSehs that in inc case the treaty
was broken up there would be no war and though
cold suggest NO remedy for the my Other
Gle, he thought the predcalnent piiful one, and
hoped that some amusement would be made BY
whicN the negotiation would lead TO the results an
ticipated from the arbitrament-
| EX-GOVERNOR INORGANIC POSITION
mitted htnlselfby attaching his FIRMS name to the
memorial 70 Congress, prepared by Mr.. Morton and
inercs on wedSesdsy s,' i For this reason he could
make no further statement He Had retired from
circumstances TO express his opinion more fully.
Mr.. MORTON ,oN THE SITUATION.
memorial to Congress urging the adoption Of tn
backing down'S sul ,plenentary article. H
Adversely In sasy ses
Of view, II the tr.aty failed it would b
CHARGED to the de ae had %hp pei
London wo1ked to 1sn about ane
70 %e
sna Re Ya .d a week q
with Sir John Rose, who was influential with Ear
Granville's Ministry. ] lie wanted the matter de
in the interests Of the commercial and fnaacla
relations Of the two coun tries.
All the an We 10 Win ~ e
cude that II the matter " a rot speedily adjusted
would Gsas r., to sae admins
in the campaign. Mr.. Field claimed that
II in England NH tstry was found to
slant vote OF want Of nnndencein the govern
ment would be moved and the administration
the opinions expressed by the merchants OF the city
yesterday were, q want of their confidence in Mr..
fish's administration was felt evident and tan
Mr. MAVERICK HOLDS FORTH
stephan CO.. No 1874 Fulton street, wa nexty visit,
ed This house represents very large interest In
importing iithographers' goods from Belgium France
in the country, emp, Dying great number OF hands.
Mr.. Maverick s Of nc particular shade Of politics
| but he was quite decided c his views on the Ala
balna question. Mr.. Maverick is q young man and
Is full Of hnsness but he had few minutes to spare
when the HERALD reporter called. He said al
sustain the HERALD In everything IL has said In re-
gard to the Alabama treaty. II the United States
government under General Grant had half az much
manliness and enterprise as the HERALD in its
Livingstone search Fish could never have been
teacher in thls business and Fish IL the schooboy.
| That Fish Is like Jonah, he ought to be thrown
overheard and 1t might still the storm so suddenly
raised between the two countries. II Is absolute
we sarrender-and disgraGeful In all its bearings.
| On, for one hour CT Andrew JACKSON. Don't you
There is only one thing to do, and that Il Tor the
Senate Of the United States and if they Amerl
CANE tncy Will uOiy--et tHeIn KICK the
mental article and all out OF the Senate chamber,
| and who will suffer byit ? Why, the Engllshmen, OF
| eDurse. Then we have our privateers all right"
| Az the HERALD reporter was about to leave Mr..
! Maverick asked :-.By the way tow did your boys
get that treaty. Oh suppose you wouldn't cay,
| OF course not-O
/ Mr.. SINCLAIR T0UsgY TALKS.
tbs Wen known radical was found az his place Of
business, the American News Company, in Nassau
street When the HERALD reporter waited on him
and informed him that he was to be interviewed he
laughed and said that the HERALD was great instf
tuition and that interviewing was its speciality. $50
/ you want me to talk, do you ~ Mr.. TOnsey pleas
| antly remarked; "wel, thought had said every
| thing could cay at the Chamber OF Commerce yes
.terday. will say, however that there IL an OPP
p0rtunity for 70 retrieve our Bistakethat IT, II
| we have made mistake, in this treaty, by aGvO-
eating the passage OF the supplemental article. !
I'm not one OF those who believe thpt should go
for our country right or wrong II our country Is
wrong, say let ns right her. DO not care for the