, 1874-01-01

The merchants OF the latter metropolis are il
sGood deal OF alarm 1t the prospective diver
lion OF gain to Montreal. It may be as we'll tt
dlait that We Aace no national intelua
policy whatever, and hence the differ
mt sections stand detached, eu1ly. accusing
each other, and each with some need growing
ntoerabie. Prices DC not fall. generally speak
ing, although all are in want for we can dc
neither without our high profits, nor withou.
our cxtravaeances. Hotels bold their ancient
figure; but it would be hard to show q hotel
proprietor. notwithstanding this fact, who keeps
lis moreT. Eastern r&.l estate stands tot:er-
ing. without BUYERS; aud in Washington, par
tlcu1ar1y, while the prices keep as high. the only
uew Inducements are small payments to begi1,
Glth. Public legislation On such questions as
The Bankruptcy Ia. is made to suit individual
instances, md not general principles. Mr. Ed
run3s at present says that he will report no
modification Of this 1aw which will not be
retroactive: go rs to include those unfortuuates
who were overwhelmed by the panic in it's first
vuve,-the Snragues and Cookies. Certaiuly we
cao haze 10 mercantile security without some
such general provision; aud the Senate is Of
that opinion, naturally standln. by the durapie
interest; while the House, which passed re-
peal OF tbs bill, represents the mo.4eta1y need
"luch brought 1t into existence.
4 CASE l.. BASERTPTCY.
a gentleman 5aye me al account, yesterday,
Of case III Virginia, where two bankrupt He
brewe lad been sent to the Albans Peu1tentia1v v
Tor hard labrr for two years On conviction Of de-
trandlEG eundry merchants in New York and Bal
tmorc. Tbs facts OF the case, az got them,
came out on thoir application to be Eardoned.
These gentry opencd>a dry goods store in Rich
mond, with branch in the interior of the State
and another over the State lino in North Caro-
liza: They obtained D large stock Of goods on
credit in baltimore, bat suddenly declared that
one Of their branch stores bad burned down,
and their agent in the other had cleared of with
the receipts. Their remaining stock Was cold at
auction. under ordors of the Court. and brought
only t1iGe, being mainly bid IN by the broth
ess-ic-laT OF the bankrupts. The Baltimore
raqd and al aleged ' that fSoy srseea eed
their trademarks snd many Of their goods to tho
store Of said brothels-in-law. The latter swore
possessed bsd 6eca bid off in the public sale,
sud offered to stand trial for perjury il the
traEy could be shown. CONVICTION followed
swiftly. the creditors employing additional coun-
eel. tbs Judge (Bond) and the District At
tcI1eT oppose AMI. pardon whatever but the
Jury unanimously sign an application for pardon,
saying that they we're taml cred with By the
c1edito.s.-that they acted hastily, at late hour
Of thc night and the Nhcle Hebrew influence
from Albany to Richmond insists that these con-
victcd men. FisLer aud Goldstein, are worthy
merchants aud proper subjects for clemencY.
al :hss Tremendous business Ct bankruptcy, |
with ill two hundred Rcgietlars and countless |
hssGnees finally settles IN the Attorney Gen
incest acumen to discriminate between tie
r.: acitr Of the creditor anc tue duplcity OF the
bankrupt
NELSON ON MEXICO.
Our accomplished e1-nulstfr to the City Of
Mexico, Thomas H. Nelsou-~,Sho has been in the
jlTfameflc hcrY;cfa rnutJnuH}1y fnr fWn1ya years |
aas 6 yea rcs.-colored account OF the con-
5!tiun Of our 1"in-I:epublic under President
s,erdo &c Tcjada.
Perfect peace, he says, prevails from the Rio
Irandc to the borders Of Iucatan,-aA the Gen
erals and Governors, like Escobedo Cortinas,
e2d Poffzio Diaz, having ceased 70 revolutionize.
The railroad from Mexico City to the coast puts
that mountiln-capltal i'll close relntions with
been broken up. The interior government of
tho country assimi1ates in vi5or and mo,al
power with that Of the United States. Society
il pol:to and tranGuilizea, and great hopes are
entertained of railroad communications With |
both the Texas and Pacific coast systems; and
he Mexican engineers and capitals have, on tho
whole, Preferred to coatrol such public works.
md not surrender them to either English or
American Religious liberation generally pre-
aus ann the countIy1s growing more liberal n
'7prosch to the condition OF things
Il the United States Juarez is Looked |
upon Us 10th tho Washington and Lincoln Of
Ae country; and such is his fame that streets
ave been named for him i'll Cadiz, Paris, md
lie South American capitals Santa Anna, cur
III enemy, has lett strong personal. but doubt
ul national, reputation iii Mexico, having been |
w1lr. aud corrupt.
Hr. Nelson, who is a brother OF Gen. George
T. Selson, who Was killed By jeff C. Davis, and
t'irbldss = family, was our Munster to Chill soon
fter Henry Meiggs arrived there from Sau
francisco via Pitcai1n's Island, q defaulter with
career to win, or prison to which to be Te-
rived. bus afterwards WAS arrested on suspic-
3a. and purchased his release from Gov Blgler, |
t California, who was at the time Minister. He
scaped across the Andes, Out eoon returned, &C
DoWledGcd himself in hia truo character, devised
caemes OF public improvements which made
lu1 the mott influential foreigner in tho South
aciEc. aud is still instauclng the rugged vigor
I'd earucstucss. Of the American character
Inongst those distaa: people, /;
DAnIES CANAL
To the above l nav add the testimony ct Gen. |
ullbut. OF Illinois. recently Minister to Bogota.
10 explains that the Selr1idge Expedition MP |
&c River AtTato. to find canal route across
10 Isthmus ct Darien, is based on mistake.
ae Isthmas is to take it ut the shortest part,
ad tunnel the mountains. He does not believe
~ canal can be made, aa the Governments Of
urope will be restricted by our treaty with New :
.e1laQ1, Eud tho Hac1tc Railroad interests Ii
.c Uuited States would all ia enlisted ngainst
&c canal.
TIE MEXICAN COMMISSION,
;ting in Washington City, ia approaching the {
,=iod prescribed tor it, having accomplished i
lie or nothing, through the negligence and In
tentfon OF Mr. Wadsworth, Of kentucky, whom {
q President appointed for personal rensone, on
g promise to give .'all the time lie could spare"
lll- Office. +
TIE Nezicans. on the other hand, retained c
sleb ushiaS, who fought every American t
smart ritA evasion. delay, and all the tactics 6
injustice; so that the Commission has been i
ic3. q
The air ia heavy with runors Of all eorts as to q
esA. N1Lr.IA--s'
lection or continuation. He encounters the :
c.a} .,-cjl:.iceS, .Ae professional sc1upuloas- +
=E. 1he !lnEujpable pre-,ndisposilion, some Z
q! diEllko g,osing out Of the politics Of Orc t
n, AID hundred little points or street-assa,l-
c :, wilic3, in the end, would dsmay locomotive
Eipc- 1t il said to be shown that the family .
rIiaSe which IVES procured to give dignity 10 | P
8 tg6ipes. position: which lie has some time e.
e!e.zfs charged; ;fQ z:he United States !; and h
81 ,atasE, sR5 81 :t:.*: >. n
Il