davidaulloa/AmericanStories huggingface dataset:
, 1874-10-21
MONEY AND COM M ERCE.
FINANCIAL.

TuEsDAT EVENING, Oct. 20.
Thu condition Of tho money market to-day wae
the natural result Of that Of tho day beforo.
Money Ia iu fair demand for commercial pirpoecs,
although tho supply Of irst-class commercial pa
ncr Ii not eaunl to tho domaud. Manufacturer,
ra,1roads. roal estato, nnd tho grain market aro
mol the active competitors for funds that they
onco were. and tho surplus is correspondingly
Increased.
This surplus, which exista In all tho monetary
cjro,ee OF ths country, gvea signs Of Boelting an
outlot by Investments in bonds, always except
fup railroad bonds. This kind Of BecuritieB is
now sought for with somo cagcrncss In Now
York, a. was acen in the great auction salo Of
stocia nnd bonds last week In that city. II Is aB
vel too carly to state what tbs movement Of
funds will ba here.
Tho sa.o Of discount at tho banks 10 10 per
cont to regular customers. specinl rateB arc
sado to outside borrowers Of good standing,
varying from 700 per cent On the street money
fs10@1B per cont. Kcal ostato loans arc 0@l0 For
cont.
New York exchange was Rold ut par to go
premium, With sale or two at Zoo pron,um.
Tho shipments Of currency to tho country nro
MOI heavy.
Kemittances to New York on account Of tho
county banks continue largo.
uSkrAMrEp C11ECKa.
Internai revenue officers arc now At work In
different parts Of tho West searching
tho drawers Of tho banks for unatnluped
checks. We hnyo heard Of their opera
lions from Psttsbisg, st. Louis, points
in Iowa. aud elsewhere. According to the law,
banks arc llablo to the amount Of $50 for oach
Nnstampcd check thoy receive. and this penalty
has boon enforced in several Instances. Al
We stnted somo smo ago, people havo be-
como very careless about stamping their
aleoke. The banks Of this city usually get
n considerable numbor Of tinstampcd checks
nvory day from tho Clearing Honse, bosdca
those that aro offered over tho counter. Since
taey aEs legally nbio to 500 tlno tor oyory ua-
hsalnped check in ther possession, and inastnucl
ne il Is the duty of the rawero of check to sta1np
It, tue customers Of tho hauku have no cauee 10
compain II tho 1ulo Of not recolying checks u1,-
less ihey aro stamped is rjgitlly enlorcad, as It
sottanly Ulll be. Whils awaiting the arrival Of
the Government detectives, tho bank officers OF
tie city would do well to look over their chocks
.nd supply any missing stamps; tho caehierc OF
the bauks arc already instructed to salo in no
uustamped checks. and tho attention Of tho
Clearing House will probably be called to the
transfer Of unstanlped checks botween it's me:l-
lars.
, 1874-10-21

NEw ToaK, Oct. 2o.-1'he Treasury disburaed
$4,000. Customs receipts, 521t, 900.
Produce exports for the week, $685., ,953.
Total exports since Jau. 1, 92s6, ,05l 1862.
Money advanced to per cont. Morcantilo
paper unchanged. ....
tter|ing strong at 4s5@4s51i for sixty days,
Ind 4881 D489 for sight
Gold ranged f,om 110@11oH, and closed ct
110h. Borrowing rate ranged from a@7 por
cont per aunam aid 1882 por day.
Clearngs, s24.000, 600.
State bonds quiet and nominal. Railroads
guiet and firm. Governments frln, with small
sales.
Tie Syndicate completed its November settlc-
meut with tho Government by turning IN II ,5U0,-
600 called bonds and coupons.
Stocks heavy, and in carly dealings declined
1l@l5ac, Wabash loadng the fall. After tho First
Coard tho market became ateadicr, With slight
improvement in the whole list. Near tho close
prices declined I@296 per eent from tho high
est prices Of the day, aud tho market closed nl,-
aot,1od aud weak. 1hodecline WAS most marked
in Wabash. The saleB of tho day aggregated
10000 shares. OF which $4,000 Wero Weuteru
Union. 1900 Pacific Mail. $4,000 Erie, $500
Lale Shore 26, 600 Union Pacific. 1000 North
vostorn, 43,1 ,1A0 Wabash, 1000 Oh1oa, aud 5000
Chicago, Columbus l. Indiana Ceutral.
, 1874-10-21
400 bu do at 9896c; 1900 BIT do At 891ko; 400 bu
white wlntcr by sample ut 04o on track. Total,


Ea,n ~. W; ,o-x ,,,o.
s So1. waa very quiet, ahu irregular, at Aboutthe
pns, an Hso.nsu ~ yea,etaay: 1no mstKet va
roo5nts ~ ene onT1y pa5s q tho aeseon. !ns
ninaer 1, bas weakenod hadIy towaEda tho oioae,
" H. an was tNot9a oa5er. ine artlvaIa
tir,n .nJ ,,4 Wy "eso tno hnaliost Kno"a IN iooR
verv .n,o n1 Iun na OF Sesseey ~ "1tH t, ntoo
dcr5nma "t,, lna 'aoE1 was hsns'e.y "ny onpphs
,r", ,nts.Eat wthascW loav1ng INC masae1 OK
era indications 4 were that buyers do not caro- to
sIon,a I%o nod H. OF ooIn 70 SUP ~ p1osoh. pr.coe
t. t, those who deal In eptlons' as.G. sello,
- M ,onin onS dco{oo o{ooIu TO ts 'acso o.
so, a. o. anu Gco4.nGa aSd ~ a. s clooo.
aoef oa .n sou a. t eoo,osng q
,e1 ,so o.sr - liz yoar ss SSo NJ ~ nn
a aaa 9n o raona F"qatnr LOT receipts out
orad 1ue e - @ M ia'' ossn aalee were ro
H., ~ ~ - ~. g at sd hs nm1gn ~ to5So 80
~ a. 10 3 n % 1a a. e. = ~ NO
75Xo: 1860 b,1 do A. s In ro;ee."d In =" ~
eyorcd v ta ~ voS aH' NJ aSe new sood aon 70 DO
now 49, 49, M ~ 9oo, En st9oK l,oW1 W
A kan M hr ~ o''' aeli'oiSo u asas' 1ota''
oats ~. mcro active and Irregular. casb lot, NM,
opsens opt tor ,hs mouth Mese ip urgent demand
soawhat In svnnat" sxit ~, ~ "9M rha po",,nis nas
were smaller, and tie markst v n known to be
vory far gouo o., tho short .idc, " rn nats ~ hayo
ben hongt nv vcr te ans ~ % oass maTo
WHO 1yo Fl soettoua weT1 tho nat, a. an t sort nn
tbov h,vc o n o,, tho ~ ~ oasn sI
ont any intention to o. work 1s corner n ' % aany Of
thona not 5ln IA tl,nr itmit ",d ,ora orito ytii.
ipg to Settle at tint t,ourc tvhen n vas ro,chcd
today. whiio othora hala ntp for m at,,, hgrcr
profit on tboir trnnssntions. In nontraat EWt1th
thia Ella ontinna for ,,crt T,nnth,a dorarv waa
@ ood mot .s1s ngsa s nrn ySasfas ,
cannot be- nustanet1 aftor thn Oetoher
trades aro closed no. Sol,er ths month
ciinel to 40i[o. md closed Mt 4osSo sciIcr M.
yomhnr eol1 1t 4GsfGSd7s]n md nnIicr ths vcor
ut 1Gl d@i0y1c, both closing vt tho inside. CaaI
No. s closed 1t 40L@5Oc. Cash solos woro ro-
ported Of ID, 900 bu No. . at 6oI;o; +; 1900 Iu do
1T G0yzo D2. 200 bu do at Eoifn. i am In do A.
G0Gc; 1850 bu do 1T 5i}: 5000 bn do at
1910 coo In do at 4025o Gt,f5 ht M ! ,xhtfn
nj 50s1c; 5000 Lu do At 50i%o sid bn do At
sole; COO bu do at sos. iii, h, rotcctc3 at
4Go i,aOo bu do ut 45lTc' fetal. ", ,26{l b,,. ~
, 1874-10-21

ending ucf, III:
For rex to, s..; Etss S'!"t .Ian Same time,
1s1i' 1914: 1,1a7t. ls1a.
Ss'esss. 'a.:,l! ;s ;s iSi;s 50 ssIIs!s 81 ississ
hn1rurSra.
l.umber, IN ft.ls.1oa lap3s 4s7,2ss 4;aolo
latt, n,,..,. A4i 1,Bi7 35.aII7 i7GM1
The rcrelptB Of lumber for the preceding wepk ncro
nG.773 n it. aud tic shipments 1G,GtG IN IT, Ksccipta
VI hhinglcs OTIS III shiplnents Till H. l3pccpts Of
lath OIL III; shipments, 1,25l nj.
Tho Secretary OF the Lun.bar1au's Doar,l Of Trade
giyes 1ho f,lloW!ng Rh the zock Of po lumber gu
hand and fur taa III tho yaraa Of this city Oct L. Tho
report y made up from returnB fr1na a the yartla
yard WIN tho exception Of fur, the stocks Of Which
were cstiMnteH:
Hawetl pine lumher aud Timber fl... ,o5a 49,, $50
!th las. 40tD81,!SU
Ecuaf Hohl7s Pca+ Observation-Disclosures. .W,aJ8
EnmB'1es IHt.::... ..t...........,.......... 4a,la3
rhu receipts ut thu wolcaa!n marriott were yery gnt
nd tho offerings lett oytr iron, vest srAy small hoco
the arEel was rather 1uln but hrn IoiaH uni ett.
ling to!d at s9h0 null boards and h,rlps ut 10000
1.a,h Wtre firm nt $40, No'
Tho following sRlea wero reported. son,e c, thon
wGrh nietu aloullay Afternoon:
Schr M0sele, from 0cnnto no in common Inch Mt
496o Heir u calksMs, snuisser, hold! fu llo u iust
anu H;antlin 19Sb II III euya loars J t9ul.r HUH
from Mantstn2, 100 III joist and sranln IL u,
ed1o bo1rtiu, $9N. Hehr Tracy fgpm haustcc l25 IA
!o!as and kcaAtng, Ut $3.50 for or,iunry szes and
S12oo Tor 2xl3 ~ Rn Clrao schr Frontier Ctly
ntenom'nee. hold full LIS IN .u!l-run strips aud
boards u 1880. ao!a ~ Dlanehs1j, uosland l. Go,
, 1874-10-21

=, BnIpaEronT, H.. OFT. ao-l =. m.-cn1AaEp-
Neptune, Joliet 9.139 It lumber Montreal Ditav.
loo, 90 Il lumber, 1890 lath; Merchants, Ottavss
4S Il lnmher, $500 1ath prop WhRla, Eanoez
l,9oo posts 100 brs salt Friendship, Seneca, 97a1
luna1rr. ~o''
- bnlnoEroaI, H.. ct. oo-s p. rn-Axa1vED-t7o.a
Hunter, LaSalc. 2,s00 In corn 1000 bu oaLs rs
belle, Dtics, e,20o ba oats; Elizabeth Lockpor. 10
brfs flour. -
CLE4nEn-sunIIse, 5oliet, 6G711 It lumber. aoQo
18th shatnroet, Joliet, o2y It lumber; r. f lloodej
Lasalle, u, AZ fl lumber, ~, 100 lath.
, 1874-10-21

Special ni.,a:eh to The cAfrayo Tytouxs
EEoIN, ILL.,. Oct. a0.-Tho nttendanco was not yerv
largo on tho Doard to-day, ud sellers wcrn not peasad
With tho Lids of buyers, and they were not entertained
Consequently, no rIiule cheese VIA aod. Three him.
drod boxes part Ahinp1cd, soh at t3sl@1tHc. Ono
Thousand cFht hundred and sixty lbs butter sold ut
40c 4,u00 lbs, Irregular at &c. Total Bales 29e
Several sales wcra mado nfter tho board closed, but
Vcra Hot rrroftrd "' -
, 1874-10-21
PHILADELPHIA Wool 1Fnrkrt,

rH1IADsLrl1s, Oct. .o.-Wool dull. Ohio, Tenn
aayiyan!a, and wost Virginia xX and aboro 55(a5uo:
X M9s5c; medium. 55a 5Gc: eoaran, 50c. New YORK,
Michigan, and indiana hne+ 4e!a5oc; medium, 53S
eo,nhing, unwaahcl. 43@s3o; caaada conbiug, cd
6ao hnn ~ Mnnwashed, o5c: course and medium, I'm
Waencd 4eff tub, washed, Si60o; extra 1aerino
pulled, 4s@5oo Toxas fair and medium, a0@a5c,
, 1874-10-21

$500: Indiana camel. $500; Erie aud Walnut u,l].
!560 Llak Run, $780, brooks, $3.50; Bloash,irg.
500 Hooking Valley. 1856 Indiana block, 1880
Nlnonk, $3.50; Wilmington. $500.
DRUGS AND CIlEM1CAL8-Castor oil has de-
cnod, owing 10 an !ncreAe In tho supply. Other ar
tclcs were unchanged III price, Trade was ZIP to ex-
peCtntionh. Helow IN tina mira 1Ist.
, 1874-10-21
New York Dry-(;1otrx 7Tnrrnr.


New EoRk, Oct. 2o-BMs,ness moderate With COM
eottous cotton tlanncs aud pr1nts. Market for COT
ton goods lutet, wtl tendency to lower psices on
hlcaced cottons Of some makes Hills ~ and 7-B
blcachet shjrttngs reduced by ngcnts to 11,so and
lnsc respectively. Whito blankets ia good demand,
Dress goods IN fair request, and hosiery active.
Foreign goods dull
, 1874-10-21
COElnII3llCIAI..

TUESDAY EyEa1Nu, Oct. a.
Tho following wore tho receipts and ship
E,ontn OF the leading articles Of produce In Chi
Gago during tho past twontY-fonr honts, and Tor
the corresponding lato one year ago:
, 1874-10-21

WeVc II moderate request At 4c for wheat to utY,n>
and 70 tor do to Kingston. This charters fo< Dutfan
wers-barge1 W Fountain City and H, II. Brown, whoaa
at 70 prop Empire State, com through. 70 osHecn
asehr. 8. Cooke loads wheat On owners scout
70 h!ngston-schr Cecilia, wheat At &c. TDtal. s:
capacity, l35, 600 hu wheat, q, 900 bu corn. ~
, 1874-10-21

Hoor TO good tnb-washel. .A5aH2c
ENC and mcd!uM *u8hcd heecc.. .A7a50u
UoA5be "aahea nteoo. .t0a 451
Medium aud eoArso lnwashcd. uGa;lau
unnerchantable and bury WOOL 5taloo iess. e'
, 1874-10-21

0XTfLE-Tic sciroct Of the Oo1 ,no,t 4vJ
cay heavy rec eirts Of tho ust two days ns not been
as sefiosla a. might reaaonahy have hesn expoce Is
cline u aoYero enough to insure Iosses 10 country
shtppers' mud tho feeling prevalent to-day was
ona OF depression "a and gloons.. Only rory sr,ull
reduced rntos md to what further sacrinccs sellers
VIII DO subjeoted bofore thu closo or Tho week Is sIny
during the present soason has Tho proportion OF 0oo
chipping cattle been 80 ann and rarely has tho PEN
era average been 10 vlfanosly poor. II rerorts re-.
liod upon, tho surplua cattlo that aro now belnr
crowded upon the u'srkot and disposed Of at nonna
ureH- Sales woro At sl75h46 with lnnst Of tho trn
Ing nt prices ranging downward from S3.75. sockcro
were in limited denand At 81 nsvs butcfers'
Stock at s2Vo33.2s through Tc1ann ut $1,oofa3.60.
mud common to extra shipping besvos at Sy6iEa96o
Caivea were l|enty but under good demand previous
90 vas o. averaging 1,40 is at $685. by Alexander
, 1874-10-21

Total Of nll kinds Of l,raiu in store. 2.908, o07
btu. Thoso figures show al increase during the
past weok OF l50,0s8 bu wheat, 2,515 bu rye, IT,
ITO bu barley: aud Gpcreasc Of 264, ,23b bu
corn, and 65 06S bu oats. Total decrease, l5B O44
bu.
The following WIS the amount Of grain in store
ia milwaukee, on Saturday last, as compared with
, 1874-10-21
TIE J,lyE.STOCK MARKET.

CHICAGO.
TUESDAY EVENING, Oct. 20.
Ih1 receipts OF 1.-Two atock during tho weck haYo been
, 1874-10-21

TUESDAY EVENING, Oct. 20.
Tho following wcra tho receipts and slilpmeutx of
lumber, shingles, and lath for the pesloaa named,
ending Oct, 10:
, 1874-10-21

MICHIGAN CENTRAL aGREAr WESTERN RAttNoAos
Deoss Jost ay Lske s and fas4 4F 1tetntyssco. l.s
teNee 81 Cart st.. .ousht4H u HoslolpE
and IS [dhdf.sf.. corner ef Naafsou.
, 1874-10-21
RAILROAD TIME TABLE,
ARRIVAL AND DEPARTURE 0F TRAiNS,

ExsLATArioE or RErEnEvcE y MMAnxs.-t satara.ysx
rive hunday 1t 90 =. N. DAilY.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-20
NAVAL INTELLIGENCE.
Affairs at the GOsport Navy Yards
WOrkmen Half Time-Arrival and
Repairing OF the Shnwsnut.


Affairs at the Gosport Navy Yard~
Workmen Half Time-Arrival and
Requiring OF the SknYrnut.
PORTSMOUTH, Va. March 10, 1874.
The third rate steamer Shawlnut, which arrived
at tie Navy Yard yesterday from Washington,
went into the dry dock this morning for the pur.
pose OF cleaning and repairs. considerable force
Of workmen were at once put on her, consisting
OF carpenters, machinists, samakers and rlggers,
and orders were issued to have her ready for sea
by Saturday night, that she can proceed on her
voyage to Key West supply of seventy five tons
OF coal was also ordered to be placed on board.
The following are the officers of the Shawmut:-
Commander II. l.. Howison, Commanding; Lieu.
tenant Commander Francis Morris Executive;
Lieutenant William A. Morgan, Navigator; Mas.
tiers, John Garaln, A. r. Osborn and W. Il. i. Deli.
hay; Ensign Jacob Hunker; Past Assistant Sur.
Joseph Foster; First Engineer, j. Van Havenberg:
Pay Clerk, Francis Maony Captains Clerk, Cur.
ney st. Clair smith.
Chief Engineer william B. BROOKS, who has been
ordered to the Franklin fleet engineer OF tho
European squadron. left tonight join his ship at
has just completed two months tour OF inspectiop
Of the ships and stations IRON New Orleans to
Boston, returns to his duties at Gosport Navy Yard
tomorrow.
A scaflold around the Shawmut tell to-day and
precpitated six workmen TO the bottom Of the
dry dock. Two were dangerously hurt and the
others slightly. A fall IN the dock is almost sure
death. To-day there were 5l4 men on the Navy
Yard roll: all are on hall time. The yard looks
comparatively deserted.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-20

ment, an order was given to sack the palace,
but the booty amounted to sum much less
than the expenses of the HERALD correspond
emit during the expedition. On the following
day the palace was blown up, Coomassie laid
in ruins and the British troops began their
homeward march
Sir Garnet Wolseley has achieved triumph
which viii teach stern and useful lesson to
the Ashantees, who have long and defantly
maintained terrorism on the Gold Coast.
He has done what Kaufman did in the con-
quest Of Khiva-secured victorious peace
where every former attempt of his country
men was disastrous failure. Let us hope
British will not relinquish entire control in
Ashantee. The fruits of the Abyssinian cam
paisn were nothing, because England aban-
doned that well meaning people to become the
prey of internecine strife and clar warfare.
If she had simply kept up a protectorate
over the Switzerland Of Africa, and had
made an effort to establish healthy commerce
along the Red Sea and with India, Abyssinia
would not be found, as it is now, the same
country it was eight centuries ago. The same
truth applies to Ashantee. The mere teaching
of lesson is of no value if the natives are to
ignorance and cruelty, which will be even
more unwholesome after the British shall have
taken away all the gold remaining in the
kingdom.
Within few years European Powers have
thus waged and closed three wars against bar
barous peoples that had placed themselves in
the way of commercial enterprises and have
been borne down and cleared from the path as
distractions. 1t is a strange sign of the times
thus to find England and Russia arrayed as
the champions Of commerce. 1t is, above all
the war activities of Europe, pre-emnently
good sign. England in her centuries of
impenetrable toryism waged only dynastc or
aristocratic wars Marlborough carried 1.-The
meteor Gag Of England across Europe,
wasting the blood and treasure of the nation
for a cause in which the British people had
not and could not have the slightest con-
Germ; and after a Titanic struggle Wef
Gngton conquered at Waterloo, only to
retard very little the spreading
to England from France Of the liberal move
ment destined to weaken the domination of
the great lords. In our own day England res
olutely withholds her hand from thus fighting
the battles dynastlc and aristocratic of all
Europe, and addresses herself to the wiser
activity Of fighting for civilization against bar
barism and to clearing away the cumberers of
the ground that stand to obstruct the advance
of commerce and the social progress and
amelioration that go with it. In this activity
ened nation of the time as unquali6edly as
the Crusaders in their time had the SYM
pathy of all men in their battle for the faith
of Christendom against the denial of the
Moslem.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-20
Another Police Outrage.

If the people wonder why it is that
the police of this city proves it's efficiency
principally by killing or clubbing unoffend-
ing people and conniving at the escape
of criminals they need only read our report
of the inquiry of the Board Of Educa-
ton and see what sort of men are captains
on the force. That explains the whole subject
The Board of Education is doing an excellent
service to the city in its endeavors against
houses of peculiar class in the Eighth ward,
and should receive every possible assistance
from the police yet captain of the police
appears before it boldly as the ally and friend
of the keepers of disreputable houses, and
answers or refuses to answer, with arrogant
impudence, every question by which the men,
bers Of the Board endeavor to obtain the
information he alone can give. 1t is scandal
and public disgrace that such n man should
be on the police in any capacity, and incredi-
BILE that he should be captain. It will be
observed that this captain was ''ordered" to
appear before the Board Of Education and
give all the necessary information, the order
being conveyed by letter signed by the Clerk
of the Police Commission. This order was
defed by him as IA thing with which he had
nothing to do and, instead Of giving the
information, he assumes The role of the
defender and advocate of the keepers of the
places referred to.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-20

The CANAL CONSTITUTIONAL AMENDMENT,
as proposed to article seven, passed the AS
seInbly yesterday. 1t was made the special
order in the morning and was read through.
1t provides that extra compensation shall not
be made to contractors, except for good cause,
and that the Legislature shall not sell or lease
the Erie, Champlain or Cayuga and Seneca
Canal There is provision also for sinking
funds TO pay the canal debt and means for
repairs. We do not know what is meant ex-
acsly by not allowing extra compensation to
contractors except for good cause. Holding
tight rein upon the contractors is right enough
and necessary, but this exception for good
cause seems to leave q bophole for fraud
Lot Us hope now the ca1als will be put in
good order and be managed honestly, SO that
greater facilities may be given for transporting
the produce of the West tothis city.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-20
On the Way to Canossa.

Some time since Bismarck announced, with
his customary absoluteness, that he ''would
not go to Canossa," meaning that in his war
with the religion of fourteen millions of the
Emperor S subjects he would never yield; but
if our correspondent, who presents the latest
aspects of Pruss!an politics, is correctly in
formed, the Prince is already somewhat shaken
in his purpose. 1t is a hard thing to fight a
whole people, and this is practically the I'M
dertaking in which Bismarck suddenly finds
himself involved Opposition to the arrogance
of the central authority in Berlin is OF course,
only question of opportunity, and the oppo-
sition has already given its first blow in the
defeat of the military bill. All the Church
elements WILL Of course, rally to the support
of the opposition. With the Church, the lib
eral thought Of the country, the natural resist
ance OF the taxpayers and the conservative
hostility of the Junkers all combined against
him, the Prince would be overmatched, though
he were forty times Bismarck, unless he could
persuade the Emperor to lay aside all pretencs
to any but military authority. That be cannot
do, and therefore it would not be surprising
to find Bismarck, as our correspondent hints,
tempering his open fury against the Church
in Germany and endeavoring to mannuvre
for an ally against the Pope in making bar
gain for the restoration Of the imperial dy-
nasty in France.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1874-03-20
The Reopening OF the British Parlia-
mcnt-The Queens speech.

| mcut.The queens Specchs
Yesterday the British Parliament was
opened after the brief adjournment. The
Queen was not present, and the royal address
was read, as il has been for years past, by
royal commission. Speeches from the throne
have of late years sadly degenerated and it
is not unfair to say that of all state papers
they are perhaps, the least interesting. The
Queen speech on this occasion is unusually
dull Reference is made to the marriage of
the Duke o: Edinburgh to the Russian
Grand Duchess Marie, and the assembled
legislators are asked to regard it as pledge
The Ashantee war gives the Queen
the opportunity to praise her troops
for their courage and endurance. The
Indian famine calls forth from Her Majesty
expressions of sorrow, and the public are
assured that nothing will be left undone that
can be done to mitigate the terrible calamity.
The estimates are to be submitted to the House
of Commons at once but no hint is given as
to the financial policy which the new govern
ment intends to pursue. Parliament is to be
asked to consider certain measures which will
have for their object the more easy transfer of
land AS reform in this direction will touch
closely on the law of entail it may reasonably
be doubted whether any radical improvement
is to be looked for at the hands of con-
sentative government The act bearing on the
relationship between master and servant, and
the act of 1871, which deals with offences con-
nected with trade, are to be reconsidered ; but
no legislation is to be attempted on these sub
jects until the royal commission which Her
Majesty has been pleased to appoint shall
have reported. A bill is to be introduced
having for its object the removal of certain
Objectionable features of the laws regulating
the sale of intoxicating liquors. This is
sop for the beer sellers, who proved stanch
friends of Mr.. Disraei during the late cleo
ton. Such are the outlines of the Queens
speech 1t is quite manifest that Mr.. Disraeli
has no intention to make any serious attempt
at radical reform. England demands rest,
and the Prime Minister, so far as the royal
address reveals his purpose, seems willing
enough to yield to the national will. Replies
to the address were voted by both houses,
although not without some slight opposition.
Mr. Gladstone can hardly fail to be envious of
the comparatively easy chair in which his
great rival now finds himself seated