davidaulloa/AmericanStories huggingface dataset:
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-04
FINANCIAL AND COMMERCIAL.
The Events Of the Week.
Review Of Prices.
STOCKS LOWER---GOLD STRONG.
The Bond Market and Bank
Statement.
WALL STREET,

SUNDAY, Jan. g. 1875.
The view taken by nearly all classes OF business
men after balancing the accounts OF the old year
and making q survey Of the commercial field Is.
to say the least, hopefu! and encouraging. We
have had panic, stagnation, and the practice OF
an enforced economy. IL is but fair to assume
that following the rule OF all reactions from great
financial disturbances, the next stage OF growth
will be the development OF productive industries
on healthier scale than before. Business. II not
so vast, will be more prudently conducted. The
ventures OF trade and tradesmen will be attended
by greater safety, and lie rewarded with greater
certainty. The changes are not yet complete,
nor are results fully established, but 1t is not diff
cult to see in the stronger tone OF confidence and
the conservatism that Is everywhere expressed
an sugury OF better times ahead.
THE STOCK MARKET
The first business day Of the new year gave no
indication of renewed activity In this depart
ment, nor was 1t expected that 1t would afford
promise OF immediate Improvement. The princi-
pal event was depression in a number OF specu-
lattve securities, chief among which was Pacific
Mail which declined under the influence OF the
investigation now taking place and Of large sales.
During the week Wabash advanced from 1Sh TO
%, but subsequently reacted to 20. Western
Union went up to &c. after selling at 1917, but
finally declined to 1917. Lake shore fell or from
SIX to 79K, and closed at the lowest point. Erie
changed per cent and ended strong. Northwest
common advanced from 40 to 4sA, and ended at
4s. The preferred stock advanced from 500 to
6xx. New YORK Central moved from 1OOH to 1O2,
closing at 101X. Ohio and Mississippi advanced
from Soy to 32X, closing at 32ss. Union Pacific
improved from SAX to 3714, closing at 36T. The
following shows
THE HIGHEST AND LOWEST PRICES OF THE WEEK
In the leading shares:-
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-04
COMMERCIAL REPORT.

COTTON: EXCHANGE CLosED-FLOUR DULL
WHEAT FIRM-CORN FIRM-oATs BETTER
BARLEY AND MALT QUIET-PoRK DULL
CUT MEATS QU1ET-BEEF NEGLECTED.
HIaHER-PETRoLEUM FIRMER-sPIRrTs TUR-
PENTINE HGHER-ROsIN NEGLECTED-GRoCE-
RIEs GENERALLY QUIET-wHsKEY STEADY.
SATURDAY, Jan. 2-6 p. NJ.
The closing week Of the old year-as last week
must be regarded Saturday, sancwiched In be-
tween the great holiday and Sunday, being OF very
little account commercially, was about the
quietest and yet the busiest and most excited of
any week for long time past, During the first
OF the week every endeavor was made to induce
purchases, and many consgnments were closed
out at prices which were low, and which Afforded
no index to the marke's. But on the whole the
general merchandise markets have rarely ruled 80
steady, albeit so quiet up 10 the close OF the
year as was the case this season. Notwlthstand-
ing the long continued season OF commercial
quietude the markets ruled remarkably steady.
The abundance OF money aud the low rates OF In
terest rendered the mercantile public unusually well
prepared withstand the dull through which
has passed. and the bulk OF the failures which
Cured traceable directly the commercial crisis
OF 1873. Most of those houses which have been CON-
PEELED succumb recently have oundcred through
entie year last past with scarcely hope of recov-
ering from the blow received more than year ago;
and the mercantile atmosphere should be clearer
and the way the brighter from fact that some
of the weaker craft have become stranded on
the shoals 1874 The actual business last week. ex-
cept in the retail way, amouno 'hs -y little The dry
goods market was at stand, ant ciues nomn-
ally unchanged Hardware was inactive, with no indi
as now to the Sna %
the most active months OF the year Groceries, petro
At the Produce Exc change business was very light In
nearly all dea e n na Flour was du
firmly Wheat was in moderate demand all through
ss % 'ns e. @ Of full the F week tire
market was extremely dull bat holders eyinced no dis:
sinsie load might have been picked up here and there
rssnisf a Se
below he Quotations current week earlier: Pork was
sa s %sTs III tnpG f Ts1 ss
but sensTa oI ss business WAS
was done. on Change. flour was dull Wheat was il
made a to a cxa corn was also IL at
prices Oats were trmsr and IN SPECULATIVE demand
Sh os Ms' rm in
sn p
.H qsS a %
Change Of S' cseseauense y prices ~ -. ~N
private F% ~s nsssa and ssss May
sTH @ 5sy nss eS
ordinary rana d Garages rs SG Sims r d dS
@ ss IS: De- s,s. &C., @
s%sies iss s Jo, s s RIS%, Isss
Ms1csR 'e caSscos sSd s Is snd
oI Faoun AND 49, ebIs wheat
80 os 0d our n
but SS. Sys da H. s1s' $50 q 70
50 S. unaer moderate dsmS AM I9rn meal was quiet
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-04
NEW YEARS SERMONS.
CONTINUED FROM EIGHTH PAGE ]

another year has passed. with its records OF love
and hate. success ANA defeat. What 1879
will bring to us. what It's mission and work, we
cannot tell. Some OF Ms may be numbered among
the forty thousand who SHALL finish their work on
earth ar its close. II Is wise to be in readiness for
such o call. Let us study, then, the seasons, and
turn them to spiritual proht. This time Is pr0pi-
tiOus for those beginning new lie. what season
could be more prOpltiops or the conservation OF q
soul to Christ than the spring Of a new year, In
taking review Of the NOflu we see that spain
begins new year with her new King, France Is
still unsettled and Europe and Germany are
FESTIVE. Our own country is smiling and pros
porous In spite OF the hafd tlmes. God grant that
at may be preserved IN peace. and may 1t flourish
and grow In strength.
At the close OF his discourse the pastor wished
his people happy new year.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-04

Inc working expenses were Do 9-lCO per cent OF
the gross earnings
STATE BONDS
have been without feature, prices being generally
steady on small dealings. An advancing ten
dency Is shown in Tennessees and South Carolinas,
the iundabe bonds OF the latter State being especi
ally noteworthy for their advancing frmness.
GOVERNMENT BONDS.
This favorite class OF securities has not only been
active during the past week, but the transactions
were quite large. Foreign bankers were free SELL
ers. There Is no reason to change the estimate
recently made in this column, that within the last
SIX weeks not less than $40, 900 of these bonds
have been imported. The closing prices IN Lon
don were as iollOws:-
Dec. IS. Dec. "a. Dec. 81.
U. 8. 8's, 5.2o's, 1865, old. 1861 1904 1O7A
U. 5. 6's, 52os. 1S67...... 1861 lo7 1o7az
U. >. 5'sp1O-4Os.... lO4 IVA l04H
New 5's.................. lO3 l03 1O3H
-Year ls74.--@
o. S. es, 5-2o's, 1855, old 1857 Oct. 10 ITO Feb. 10
U s. e,s, 5,2os, lso7.. 1862 Dec. ldex June ls
New o's................. 1921 Jan. Is los May 20
THE BANK STATEMENT. !
The bank statement shows large gain In legal
tender notes and specie. The banks now hold in
lawful money 81, 800 above the legal require.
ment, which Is $5162.OOo more than 80 held last
week. The following is a comparison OF the aver
ages Tor the past two weexs-
Dec. 49, Jan. 2. Differences.
Loans .. $3.50, 665 800 1884, 200 500 Inc. $544,5
Specle..... 1891 100 17,9740 900 Inc. 4,567,9O0
Legal tends Al, 1885, 400 49,6a3,6O0 Inc. 24S0,2OO
Deposits. 213, 900 22l, 46e,2 200 Inc. 757y600
Circulation. 24,610.100 24,622, 600 Inc. 1880
The following shows the relations between the
total reserve and the total liablties:-
Dec 20. Jan. q Differences.
Specie . $13, 100 S17,974,oO0 Inc. S4,576,9OO
Legal tends Al, l63 4UO AZ, 64360O Inc. 24SO,2OO
Tot 500, 500 600 Inc $7057, 100
Reserve re-
quiredag't
deposits. 63, Az, 400 IS, 1857, 300
EXc's Of re-
serve ably
legal re-
QuiremenLs 7,0S8, 100 1920, 800 Inc. ,l62, 200
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-04
CORONERS WORK YESTERDAY.

The corvners we're yesterday notined to hold
inquests In the case OF William Hack, aged Sky
years. OF No. 265 stanton street. who died suddenly
on saturday, and James Mcdonald, aged one year,
OF No. $50 East Forty ninth street. who died on
Saturday OF bronchitis
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-04
BUSINESS OPPORTUNITIES.


A GENTLEMAN WITH FIRST CLASS CONNEC.
can make favorable arrangement with prominent
real estate office in this city, For interview address
box I, 302 Post ONCE.
AN OLD sTABLIsHED AND SUCCESSFUL HOUSE,
n with valuable wholesale trade throughout the
country. wants Partner with from $40 to $4,000 COM
peent to the financial management and help push
the business. Apply 10 GRIGGo & CARLETON, 80
Broadway.
TRUSTWORTHY MAN wANTED-wITn $3.50
~ cash; 500 month tor the OF his money and
services; satisfactory security gwen. PARTICULARS
HORTON, 10 Great Jones street.
A GENTLEMAN NAY INVEST $1,000 WITH 81. SCI
cprty and without partneGshp Liability ,Ssrai ~ esi
dress BONA FlDE, ~ Union square
A LII DANGER FROM EXPLOSION ENTIRELY OBJ,
"A waited by using Rhind's Kerosene Lamp; endorsed
by Board underwriters call send for circular and
terms DANFOkTH BRISTOL 6T Broadway.
7 WOULD LIKE TO JOIN IN PARTNERSHIP WITH
custom trade references exchanged. MRS. D.
sos West Twenty-third street
DARTNER wANTBD-IN AN ESTABLISHED BUSl.
i ness, with a capital Of from 100 to Sis)0; capital
secured Address L. s., Herald Uptown Branch Office
V,HE OWNER ON A PATENT, WHICH is ADMITTED
by all to be valuable, will arrange with q reliable
party TO manufacture and put on the market; used
everywhere; retails at ST. Address j. W. W., Herald
Office
WANTED--A PARTNER WITH sl5OOo TO BUY
w one half interest in well established Nursery;
references exchanged Address lock box No. Post oce,
Geneva, n.
G1 cnO WILL BUY A COMPLETE MANUFAC.
pl.VOU tory in this city. paying 81, 500 per year;
Qpireds HlRSu CO.s ~ Canal street
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-04

NEW YORK, JANUARY lST, 1873
~ We have this day formed copartnership under the
firm name Of 80
HORACE r. KELLY h co.
for the shipping and business
and Importation and sale OF tobacco succeeding
TO the Arm OF ROBnRr h. KELLY CO., except TO
liquidation. ,on,,, rr,v
JEAN D'HUMIERES.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-04

NOTICE Is HEREBY GIVEN THAT THE PARTNER
~ ship existing between the undersigned under the
name O! Peake, Opdycke Co expires by Limitation
this day William l. Peake is alone authorized to sign
" WILLIAM I. PEAKE.
EMER ON OPDYCKE.
EDMUND L. GOODWIN.
WILLIAM PEAkE.
LEVI B. WARNER.
DECEMBER 81, 1874. GEORGE S. TERRY.
TNHE UNDERSIGNED HAVE THIS DAY FORMED A
i limited copar nership under the firm name OF OPP
dycke Terry steele Tor the transaction Of mpor ting
buying selling dry goods and other articles OF
chandse sold dry goods importers and obbers In the
city New York for the term OF and till December 81,
1877, and that the general partners are Emerson Op,
dycke and 8. Terry, who reside m the city Of
York, and Peter Il. steele VINO resides in the city
of Brooklyn county of Kings and State of New YORK,
and partners George Opdyke, who resides
city of New York and Leonard Case, who resides
in Cleveland ONO; that each OF the special partners
has actually and In good faith contributed toward the
common stock the of fifty thousand dollars $50 00O
~ EMERSON OPDYCKE,
GEORGE s. TERRY,
PETER B. STEELE.
BY GEORGE :. TERRY. Attorney.
GEOR0g oPDYKE,
LEONARD CASE
BY GEORGE OPDYKE, Attorney.
The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-01-04

A LEXANDER HARGREAvES BROWN, OF RICH
n mond Hill, Liverpool, and John Edgar John
son. New York. have this day been admitted partners
In our houses in this country and England. -
BROWN BRO THEIRS 90.
Inn
The New York herald., 1875-11-28
MUSICAL.
THE HOWARD METHOD FOR THE VOICE
N. Extraordinary Success.
Testimony Of professional singers and 81 eakers.

Testimony Of professional singers and 81 eakers
n the sceptca spirit induced by frutless efforts
have made the weeks trial which Mr. Howard
IDENTIFY offers To my surprise find that his
binary claims are actually realized have given
the study OF the voice and have thou
sands Of dollars for lessons from the most prominent
yet OF gentle exercises, Mr. Howard
done for what their prolonged efforts
had failed accomplish He has added uness and breadth
the middle and lower has enabled deliver
easy in alt in place of strained and hollow A.
the whole voice its natural vbratoy quality. He
has revoluonEed my ideas Of vocal training heartily
ndore his stkingly original method and shall employ in
my teaching THEODORE r. PERKINS.
Professor Of Music In Princeton Seminary College
y. j. and in Union Theological Seminary, New York
For three weeks have been pupil under Professor
John Howard and with pleasure testify u marked
change IN my voice Ny has changed
that II Is remarked By others while recognize that
liver my voice with little effort and by entirely diff
feren The whole system Of vocaEation by Mr
Howard commends Itself 70 the mind because il has phoso
ply the bottom Of II and all through tu
=. j. STANLEY Union Theological Seminary.
Consider that these voices young and piable
aud settled in fixed habits consider that above
exceptional bat simply instance rule with
exception. and the value OF Mr.. Howards
method must be clearly By professional
speaker vocalist Circulars be obtained Mr. How
ard be interviewed At Bradburys Piano Warerooms
IL East Fourteenth street Broadway Firth
enue, from = 10 3 y. VI. daily.
The New York herald., 1875-11-28
n. NEW YORK CONSERVATORY OF MUSIC
No. East l4th It,, 9th av next to Dclmonico's
BROOKLYN BRANCH,
Nos. 1O2, lO4 and lO0 Court street, near State

nos W. lOt anu lOo Court street, near state.
THIS CELEBRATED MUSIC SCHOOL, the first organ.
10 AmeHc@ oilers superior advantages 70 pupils In all
ginning the finished artist; Harmony and Compost
lion, Eocution, Drawing and Painting and Modern Lam
ii B.-The CONSERVATORY in NEW YORK Now
fth avenue next door to is entrey esaste
and distinct from other institutions which initiate ts
MAX MARETzEK, she Operate Director; EDWARD and
RICHARD MoLLENHAuER the Artist Musicians;
GEokGE " MoRGAN ths renowned organisti Sig: g
aiILs George Colby . A Sig az dSva1 H. IL % Dc h a
Bs1a August Arnold Charles Wels sig q Morosn Frank
Glider, Phillip Laurence August Stenhaus. Gusave
son Marx Haam, Iewenberg j. de asienski large
shs Ns~ YORK Conservatory aud Brooklyn Branch
- i asse. q tnres pupils sio per quarter
Tgri P2AfE LESSONS 30 per- per quarter quarter
The celebrated Aron Pianos are used II the school =
A LADY WILL EXCHANGE LESSONS IN music
- n NJ dsawlng ~ n give erayon portraits for pleasant
enees Address " y Herald Office i2G5 Brosiway
A LADY TEACHER HAVING YEARS ~ ExPF
Il rence stranger IN this city. will give lessons on the
MUSICIAN, ~ West Twenty second street
4 NEW AND RAPID METHOD o. SIGHT FrTTT-ZSTs,
"a ana Musical ~ i2Snat,e1 & sdaged or church singers
4 PROFESSIONAL LADY WILL GIVE yoCA. IN
1edens or %er own tep ~ q Sl., Srssn q pupils
dence, MC sICAL, box 10 Herald Uptown Branch odce
A GENTLEMAN or GREAT EXPERIENCE GIVES
~ Instruction on pianoiore, organ harp, harmony II
pupils residence $40 quarter best reference given
Address, with reference, TEACHER box 10 Herald Up
town Branch office, 40 Broadway.
A YOUTH. AN ACCOMPLISHED PIANIST PUPIL or
II H. Nils, gives lessons at his pupils residence
fu 80 lesson, $40 per quarter highest refer
Address RANDALL, Herald Uptown Branch onice
4 SEw PHYSICAL METHOD or VOICE CULTURE
n or singers and speakers the Vocal Art school,
fth avenue. keicrenees-Eey. T. ). Hastings d. D Rev
G. A. . Robinson, ~. ID.
AN EDUCATED LADY AN ACCOMPLISHED PER.
n former, considerably experienced in teaching gives
piano lessons, ont $40 per quarter highest
references Address with residence. CLASSIC. box LOO
Herald Uptown Branch Office, ,2ti5 Broadway.
MAfEUR ORCHESTRA MEETS FOR FULL
II rehearstl On TUESDAY. at : =. NJ, under
the direction 0f ERNST EBERIlAttD,
at the
GRAND CONsEEV ATORY or MUSIC
liz lth avenue.
"A GENTLEMAN AND WIFE. RESIDING IN BROOK.
~ yu would give board young respectfully con.
hected ana ~ pleasant disposition who
selections On tile piano IN the evenings and herself
generally entertaining references exchanged Address
WINTER ENENlAGS, Herald brooklyn branch Office
The New York herald., 1875-11-28
lEw YORK AEKALp SUNDAY % s-QUADRUPLE
LOST AND FOUND.

E'ouND-Ar THE ACADEMY or MUSIC, AN
Umbrella. Can be had Of the porter, At the Hoffman
The New York herald., 1875-11-28
AMusENTENTs.
FOR This WEEK ONLY
L lr.r..ltll. anfhnr-

m nennlar comedian and dramatic author ,,.v,
AAS PsPu'@ ~ GEORGE tAWGErr ROWE,
t ~. his famous mpersonation Of The character oI
Nho NA3 So WILKINS MfCAWBER
a. adAptat IL Charles Dickens charming OhFiss-
The New York herald., 1875-11-28

II -CHRONIC CATARRH DEAFNESS, NEURAL
N. giR-Dr. KECKS method is successful In every
Consultation and trial Of this method free all DR..
HOYf. ~ West Twentv.fonrth street.
The New York herald., 1875-11-28

A PRIVATE FAMILY. NEEDING IMMEDIATE
n cash, will sell their Household Furniture ut sacrifice,
viz Satin Parlor Suit Ii pieces, style Ia Pompadour
cost I'll 200 for $O do Princess style 5000 Steinway
Piano, 3o0 ~ octave upright Decker Piano, 1915 walnut
Bedroom Set Bedsteads Dressing Gases, Bureaus Wash
stands $50 $3.50 also single Bedsteads hair
spring Mattresses haircloh Suits $50 $50; Library
and Dining Furngre Turkish snit, Paintings Bron.es
private residence No Al West 10th Can be
day o Monday
National Republican. (Washington City (D.C.)) 1872-1888, 1875-01-21

The Senate seems to turn deaf car to
the recommendations of the Cheap Trans
portation Committee. This is unwise. Our
consumers pay the national revenues. They
demand cheap bread They ask cheap
transportation, that they may have cheap
bread. The committee have shown that by
expending a tax of seventy-five cents per
capita per annum for five years, an economy
of twice that sum per capita may be realized
by the laborers and consumers ever after
that. They have shown that the laborer
needs the employment, and that his wages
have already undergone the shrinkage in
rate which the attainment of specie pay
ment involves. He will, therefore, work
cheaper than before; but working for lower
wages, he demands lower prices of subsist-
ence This can be had nearly thirty per
cent. lower by means of cheap transporta-
ton. Republican Senators have not the
courage 10 solve the problem when made
so clear. The people demand these meas
ures of cheap transportation and cheap
bread, and have preferred that demand
more directly, clearly and Enthusiastically
than any other 1t had better be needed.
National Republican. (Washington City (D.C.)) 1872-1888, 1875-01-21

'IN TINE of peace prepare for war" is an
old adage, the wisdom of which should be
recognized by our own Government as it
is now being recognized by all the great
Powers of Europe. There is no occasion,
however, for extraordinary excitement over
the recommendations of the President in
this regard. As a people we are at peace
with the world, and are likely to continue
so, unless compelled to change our policy
toward foreign nations by some act Of bad
faith for which we will not be responsible,
and which is not now expected. The truth
is that during our civil strife we made such
strides in the direction of improved ord
nance rs TO arouse the envy of foreign ma
lions and to enlist their ambition to out
strip US in everything pertaining to the
munitions Of war. Since then the country
has lapsed into a condition of peace, and
while other Governments have progressed
with war-like inventions until their ambi-
ton has been realized, our own has re-
manned comparatively inert. The time has
come, however, when due regard for our
dignity as a nation and our safety as peo-
pie demands that we shall take wise pre-
cautionarY measures, in view of the posi-
bility of future complications.
National Republican. (Washington City (D.C.)) 1872-1888, 1875-01-21
DIED.

DFsAULEs.-On the 10th inst, In Christian for
titudc, EMILY, widow OF the late L. A. DeSaules,
Relatives and friends are respectfully requested
10 attend her funeral from The residence OF her
west, on Friday, at p. III. I"
SCOTT the morning Of January -, Is7I
CLARA V. seoTT, daughter Of Jasper and Mary
The fancfii viii lake place from the residence of
her parents. No. 725 Tenth street southeast, to-
day, at 2 y. m.
p. M, john MCCARTHY, a native OF ireland, In
the siXteth year Of his age.
Funeral from his late residence. No 70s Second
street northwest, Friday, January 2, at O'Clock
p. m.
DwIGHT.-On the 18th OF january, at the resi-
dence OF MRS. Charlotte l.. Carroll, 1874 street
The body viii be taken to New York for Inter-
ment.
JEFFERs.-At BelIvIew Magazine, D. O,
GEORGEANNA JEFFEEs. aged two years and fye
months, beloved child OF William j. and Lydia
Her funeral will be at Congressional burial
ground at o clock on Friday. The friends OF the
family are invited TO attend.
BRENNAH.-At Washington Arsenal, January
10, 1875, in the twenty-fourth year OF her age,
Laura ANN, wife Of James Brennan and daughter
ofCapt. T. Nhyte, U. s. A.
Funeral will take place at II o'clock a. M, Thurs
day. 2lst Inst. Relatives and friends are Invited.
RYAN.-on the 18th inst, after lingering ILL.,
ness, CATHERINE, wife Of James RyGI, In the
Funeral will take place from her late residence,
No. IL Sixth street northeast, CAPITOL Hill, on
st. Peters church, where Requiem Mass will be
offered for The repose Of her soul. Friends Of the
She belovedin all the relations of life de-
voted wife. fond mother, ahectionate and true
friend and exemplary Chrlttlan, adOrning the cir
ma nners. goodness of heart aud universal cha riiy
Our loss is her eternal gain. BY her DEVOTED son,
IN. Y. Sun and Herald please copy, !
National Republican. (Washington City (D.C.)) 1872-1888, 1875-01-21

were printed and the charge was made
that they were engaged in a conspiracy to
disorganize the Republican party, they
scattered like frightened sheep, and one by
one found their way back in the fold. They
were frightened then as they are now at
bugbears evoked by their own nervous
fears. A little stifening Of the backbone,
and wise determination to profit by the
lessons of experience is all that is necessary
now. Let us not forget the living admoni-
tons to be true to party principles which
are to be found in the shameful record of
Carl Schurz and Reuben E Fenton. They
were vain enough to believe that they
could lead the people into new political
organizations, and to obliterate the lines Of
which the masses of the Republican party
are so justly proud; but they counted with
out their host. They exist to-day as politi
cal nonentities, without a following and
without prospect of future preferment.
National Republican. (Washington City (D.C.)) 1872-1888, 1875-01-21

CASTELAR, will refuse to take his seat in
the Spanish Cortes if he is required to take
the oath of allegiance to the Monarchy. A
few more such true Republican leaders as
he has proved himself to be would rescue
Spain from the unfortunate condition into
which she has fallen. But how sad must
be the thoughts of those American citizens
who aided Serrano in his conspiracy to de-
pose CASTELAR, from the Presidency of the
Republic. They may excuse themselves
with the selfish suggestion that his cOntin-
uanCe in power would have jeopardized
their vested interests in Cuban slave prop
erty; but in view of all that has happened
since then they will never be able to recon
Gle their acts with the dictates of a pure
conscience.