New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-08-10

she is forced to look eastward for support, II
not for more territory.
Dull trade is producing its natural result in
Canada as we'll as in this country, twelve Mon
trcal firms having recently had to compound with
their creditors. Our business is so distinct from
that of the Dominion that no serious disturb
ance is likely to be caused in the commerce of
the Eastern States by these embarrassments or
any resulting thercfrOm.
While it is gratifying to learn that part of
the contents of the stolen Treasury package
have been recovered, it is of more account to
know that tho perpetrators of mysterious
and battling robbery are in fair way OF being
brought to justice. A strange part OF this
affair is that man of property like Dir. Ot-
man, owning houses and diamonds, stock
holder in banking and other large enterprises,
should have become involved in disgrace OF
this character. The judicial authorities OF
Washington display creditable intention to
prevent, if possible the escape of tho guilty
men.
The Democratic party in Mississippi has
been heard from. 1t has heard speech by
the Hon. Mr. Lamar, and it has passed EesO-
lutions. The Hon. Mr.. Lamar has told it that
the Government of the United States Is dread
full, and that the State Government OF Mfssis-
sippi is worse than any in the wilds OF Africa
But he has also told it that reconciliation is
desired and ought to be attained, and that
the Constitutional amendments are all right.
The Resolutions of the party are equally
pacac-favOring economy and a sense OF public
duty. Altogether the condition of the Missls-
sippi Democrats is rational and pleasing.
The public that is interested in the laws
affecting authors and their wOrks-and who is
not will read with interest another OF the
able articles on Copyright that are furnished to
our columns by Mr. Charles Reade. 1t is shown
in this article that journalists have sympathized
with the right in this matter, and done good
service to advance it, Mr.. Reade exposes the
evil effects of piracy upon the theaters, and
upon dramatic art and literature. 1t is
strange fact that the creators of literary wsrks
which have charmed and benefited their age
should still be obliged to beg, OF by all kinds
of chicancry to fnesse, for recOmpense.
The fight of Alexander Collie will convince
people that his case was hopeless and that he
was likely to be severely punished. He WAS
to great extent "martyr to circumstances,
having been drawn into difficulties by the I'M
sound state of the East Indian trade. In their
haste to make money, bankers and brokers in
London have encouraged speculative Onter-
prises and discounted bills which were only
nominally based on business transactions. The
Coics were led by this state of things into
raising money freely on such bills until their
liabilities amounted to nearly ten millions OF
dollars. The extent of the disaster has caused
alarm in London, and change i'll the law
on such matters is probable.
Mr.. Henry w. billiards estimate of Andrew
johnson will attract deservedly wide attention.
He writes from the point of view of an intense
Southerner, devoted to the Union, but doubt
full of many things done in its name. His
amazement at Mr. JOhnson's sudden passage
from the ranks of the BieckInridge
men to the support of Mr. Lincoln
Is no less than his regret at the failure to APP
prove tho Shcrman-Johnson treaty, or his be-
wilderment at being assured by tho old sup
porter of Breckenridge, from his new point of
view in the White House, that, no matter
what their old constitutional theories, no gov
eminent could be sustained without force.
But, ON a full review, Mr.. billiard finds cause
for serious censure, mainly in Mr. JOhnsOn's
oppression of his own people in the work of
reconstruction. From different starting point,
and by different road the Northern public
has reached nearly the same conclusion.
The action taken yesterday in the suit of
the People of the State against canal contract
ors Henry ID. DenisOn, James j. Belden,
A. Caldwell Belden, and Thomas Gale,
marks very important stage in the
efforts to bring the perpetrators of
the canal frauds to justice. Judge
Westbrook, on the application Of Assistant
Attorney Gen. Fairchild, granted an order OF
arrest against these four men, and an attach
ment on their property to the amount sought
to be recovered by the suit against them.
The bail is fixed at 100000 in each case.
Mr.. Fairchild took prompt measures to secure,
if possible. tho arrest of the accused con-
tractors this morning The imprisonment of
those four men would furnish warning of
the utmost value against fraud In dealing
with the public treasury, and the vigorous
steps taken to bring them to justice
give new proof how false and malicious was
the cry that Gov Tilden's crusade against the
Canal Ring was inspired merely by desire to
make political capital for himself.
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