New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-08-21

over some Wise persops might persuade themselves
that new departure in American politics was
being organized in England, especially ii they
should hear that Mr. Washbune has left Paris and Is
actually 10 London on flying visit. The most
plausible conectures. however are the most decep-
tive. Mr.. Wasbburne is here, but think may
assure the most skeptcal and the most ingenious
politicians that when he quilted Paris he was wholly
unaware that Mr. Bowles was on this side the At
antc. If the critics not satisfied with my state
ment about Mr. Bowles and Mr. Chapin--which is,
nevertheless, strictly true-they may find sut'i-
cient explanation of his journey in the fact that he
has daughter in London, lately married. whom ne
may be supposed to be DESTROYS of seeing. Dir.
Bowles is known here by reputation and personally,
for he did us the favor 10 some years ago. aud
may assure all inquiring friends in America that
we intend to keep him as long we can.
Mr. Motley has left town for the Hague by invi-
tation of the Queen of Holland, and will make
visit there of some weeks He returns to England
to 90 his usual round of English country houses, IN
many of the best of which he has for many years
been welcome guest. He is gaining In health,
slowly perhaps, but steadily His physicians stil!
forbid him anything like mental effort Mr. Jay
arrived this week from New-York and left to-day
for Vienna to resume his duties Minister at that
delightful Court They not likely to he very
arduous: we may be glad, all the same TO be repre-
sented by Minister who is socially acceptable and
who wins respect Cor his country by his personal
character
Mr. j. s. Morgan sails to-day for New-York; his
first VISIT believe, for five years. Those five years
have given him a distinctly higher place III Euro
pean finance than he held before. Perhaps 1t was
his successful engineering of the French loan in
187O-known ever since as the Morgan loan-in diff
cult circumstances which established and widened
his reputation more than any other single transac-
ton. He has, at any rate, come to be considered
great authority in money matters-One OF those few
men, among whom the Rothschlds and Barings are to
be counted whose opinion is quoted and accepted
ON tue Bourses of Europe, whose judgment men fol-
low, and whose integrity has been placed beyond
suspicion by years of unsullied financial life.
There was a time when some of us thought he
might have shown little more faith in American
Government securities, without loss to himself and
with much gain to his country. But l take it the
controlling influence at that time over Mr.. Morgans
mind was Mr.. Peabody's Mr. Peabody's sympathies
with the South during the war had been uncon-
ceaed. and were strong enough to impair his judg-
ment on similar questions at a later day. Of MI
Morgau's attachment to his own country l never
heard any question. Ii he had failed IN many
things should think his shortcomings far more
than balanced by his services, and If you ask what
services answer those which an American banker
has rendered TO his country by an honorable career
in London during that unhappy period which mas
seen American credit stained by reputation, and
by what is perhaps worse-by fraudulent specula-
ton under the guarantee Of her accredited represen-
tatiye at the Court of St. James. &. W. 5.