Lamoille newsdealer. [volume] (Hyde Park, Vt.) 1860-1877, 1872-02-14

The chancellor Of the exchequer, Eve days
before the battle Of Gstiysburgh. bal e
elared IN the House Of Commons, speak
ing not Individually but 10 the plural -
ave do not believe that the restoration
Of the American Union by force is attain
able" Under these circumstances the in-
surgenis made great exertions to keep the
Florida. the Alabama and the Georgia
adoat, aud TO stimulate their officers aud
crews to renewed destruction Of the CON-
merce Of the United States. They count
ed, not without reason, upon indaming
popular passion in the United States by
the continuance Of these acts until the
people should force the government into
retaliation upon Great Britain the author
Of their woes. In pursuance Of this pol
icy they withdrew their military forces
within the lines of Richmond, aud poured
money into Bullock's hands to keep afoat
and increase his British built navy, and to
send it into the most distant seas ia pur-
suit of the merchant marine of the United
States.
/ Thus the tribunal will see that. after
the battle of Gettysburg, the offensive
operations of the insurgents were conduct
ed only at sea throu h the cruisers aud
observing that the war vas prolonged for
that purpose. will be able to determine if
Great Britain ought not in equity. to re-
imburse to the United States the expenses
thereby entailed upon them. Ga all these
points evidence is presented which will ena.
bic the tribunal to ascertain and determine
the amount Ct the several losses and in
juries complained Of To the amount
thus shown should be added interest upon
the claims to the day when the award is
payable BY the terms Of the treaty, name
ly, twelve months after the date of the
award. The usual legal rate of interest
in the city of New York, where most of
the claims Of individuals are held, is I |
per cent per annum. In some of the
states it is greater; in few of them less,
The United States make claim for inter.
est at that rate The computation of the
interest should be made from an average
day to be determined. The United States
suggest the LIST day ofJuly, 1868, as the
most equitable day.
To reinforce this statement, the "case"
quotes from the remarkable speech of Mr..
Golden, May 10, 1864, in which he !
warned his countrymeu of the risk they
were running, and reminded them that
they were actually waging war indirectly
against America. Mr.. Golden said -
You have been carrying on hostllities
from these shores against the people Of
the United States, and have been inAiet.
ing an amount ofdamage on that countryl
greater than would be produced by many
ordinary wars. 1t is estimated that the
loss sustained by the capture and burn
Ing OF American vessels has been about
fifteen millions Of dollars. or nearly three
million POUNDS sterling, But that is
small part of the injury which has been
inflicted on the American marine. We
have rendered the rest of her vast mer-
camille property for the present valueless, J
under the system Of free trade by which u
the commerce of the world is now so large 9
y carried on. IT, you raise the rate of G
insurance of the flag of any maritime g
power you throw the trade into the hands n
IF its competitors, because it is no longer o.
profitable for merchants or manufacturers u
o empty ships 10 carry freight when those .,
'essels become liable to war risks. | fl
ave here one or two facts which | should m
ike to lay before the honorable and learn ii
ID gentleman IN order to show the way in
which this has been operating. When he :
las heard them he will see what a cruel :.
attire it is to say that our laws have been m
uund sufficient to enforce our neutrality to
What with the high rate of insurance,
that with these captures, and what with u =.
he rapid transfer Of tonnage 10 British e,
capitalists, you have virtually made value 70
'ss that vast property. Why, if you had h,
one and helped the confederates by bonn til
arding all the accessible seaport towns tie
t America, a few lives might have been
,st, which, as it is, have not been sacri- !,
ced, but you could hardly have done m
'ore injury in destroying property than
GU have done by these few cruisers. Al
al
LONDON, Feb. 1.-THE English gov M
is evidently anxious to avoid a
Misunderstanding with the authorities at co
Washington, not to render the treaty tn
Utility, and not to yield point which a
ne public mind regards as involving the G.
ational honor The possibility of CON- q
romise is contemplated, and even hoped O.
'r, at an early day. n
Minister Schenck communicated note
} the English government on the recent !,
lnguage of Gladstone, which was deemed !,