The New York herald., 1874-09-07
WASHINGTON.


sary to Make RECOMMENDATION Conn
pIete-Federal Omce-holders To BE
Excluded-The President, Vice Presi-
| dent and Members OF the Cabinet TO
be Present-The Appointment OF Dele
gates.
The Conven ton OF Southern republicans OF the
Southern States, including Virginia West Virginia,
| Maryland, Delaware, North and South Carolina,
Georgia, Alabama, Florida. Mississippi. Louisiana,
Texas, Arkansas. Tennessee, Missouri and Ken
tucky, which has been called to meet at Atlanta.
! Ca, on the 10Th OF October not only has the un-
qualified approval OF the President and men,
! bers Of the Cabinet, as movement calculated
to do more to conserve the peace than
any other yet naugurated, but has also the in
! dorsement Of the Republican Congressional Com
mittee, as well as that OF prominent Northern con.
! servatives. who are most anxious that the pO-
ltica effect of exaggerated outrages may be stllled
at once and the action OF the agitators on both
sides be understood IN It's true light In this Con-
veniion 1t is understood there win not be single
| federal off1ce-nolder, the object being to
! have q fair and truthful representation OF
the political and financial condition of the
Southern States, and the reforms necessary
to make the work OF reconstruction COM
plete and satisfactory to the entire people
OF the South and the nation. Hence 1t Is deter
mined that the delegates to this Convention shall
be not mere politicians but such men as are en-
titled to respect and confidence by reason OF their
LOYALTY during the rebellion, and unbiased now by
either federal appointments or regard for federal
patronage. The time when the Convention is
called is so near at hand that the duty Of naming
the delegates has been entrusted to the State
Central Committees or their chairmen. Texas
leads OF with delegation OF fifteen, the majority
Of whom have national reputation, not only for
for a
part in the political history of the nation prior to
the rebellion. These appointments have been
made by Bowles Baker, the Chairman Of the Texas
Republican Executive Committee, and will be fol-
lowed by equally good appointments from Lousi-
ana, Alabama aDo the other Southern States. This
much assured, the democratic politicians are
somewhat perpexed as to how they VIII
act. If the Atlanta Convention, composed
as 1t Is hoped it will be, OF men CON-
manding the respect OF all classes OF
citizens in the Southern States. declares
that the only object to be attained is the pros
perity Of the South, and once render its cit-
zens harmonious and happy. it is believed this
will eliminate the unreliable and unidentified
element who have been the agitators on one side
while the advocates of "the lost cause" nave
matched them on the other. The President Is
pledged not to further encourage appointments IN
Southern States among the agitators, or among
that class who have abused their Official position
from selfish and corrupt motives.
That the object OF the convention may not be
misunderstood, or the meeting turned IRON the
purpose for which 1t is called 1t IS the intention
OF the President, Vice President, members OF the
Cabinet-especially the Secretary OF the Treasury
and Postmaster General-tO be in Atlanta during
the session OF the Convention, together with lead
ing statesmen and capitalists who desire to know
the true condition of the South, and who hope to
assure the Southern people that they, 100, have
but one desire, ana that united and prosperous
country
Confidence in Europe in United States
neutrality-suspicious. OF Am erican Rail-
road Securities-The Remedy.
The United States Consul at Rotterdam, in his
annual report to the Secretary Of State, says the
general confidence in the sodty OF United States
bonds makes them the means Of permanent in
vestment in Europe and keeps them almost en-
tlrely out of speculative transactions. Even the
catastrophe OF the United States railroad shares
and securities has not produced any important in
1uence on the United States bonds. Though Hol-
land is great sufferer through the depreciation
OF American railroad securities enlightened pubic
opinion does not hold the United States govern
ment responsible for that Crisis or for the actions
OF those railroad companies which have induced |
European bankers and the public at large |
enterprises the soidty and guarantees OF which !
did not realize the promises which had been made.
At present and undoubtedly for many years to |
come the railroad securities oil the United States
will not have the slightest chance in the money |
markets OF Europe in general, and especially OF |
Holland. Financial men Of the highest standing, |
through whom large amounts OF American rail- |
road shares have been brought into the market, |
have most strongly presented 10 our Consul the |
following considerations:-
Railroad and Industrial enterprises OF the United
States can in future onlv expect support from
European capital il by legislation the following.
guarantees are given-
ascertain whe ther and what money really
That alone can prevent shares OF no real value being
issued IN enormous quantities circulating IRON hand TO
% aopsS sns s S
Derisnee the Earopean public have come to the con:
Of has t1 h os s
Of the disa strous so many railroad enterprises
apss hs na s on
@o ef into y' or to
srs en- ensse Se bes seenr wnie IN It's origin and by its
The Postage Upon Newspapers and
Periodicals Mailed from the OMce OF
Publication.
Third Assistant Postmaster General Barber has |
left here for New York. to devise the best means !
for carrying out the OF Congress in relation to
the prepayment of postage upon newspapers and
periodicals mailed from the ONCE of publication,
which goes into effect on the lst OF January 1875
This law gives wide discretion to the Postmaster
General in all respects, save as to the mode of |
payment, which Is required to be "by special
adhesive stamp to be devised and furnished BY the
Postmaster General, which shall be afflxed to such
matter or to the sack containing the same or
upon memorandum OF such mailing, or other
wise, as the Postmaster General may from time
to time provide 10y regulation"
Conferred Upon MIR. Mac
Gahan by the Russian Government.
The order Of st. Stanislaus, with the additional
of the knightnood, conferred by the |
CHar OF Russia on Mr.. MacGahan, the correspond.
ent OF the NEW YORK HERALD during the Khivan
camnaiQn of 1873 for the dist ed mart taken