ftramair Ijtwlijtam THURSDAY, AUGUST 24, 1865. Our London Correspondent.—An other letter from our London Corres pondent is on file, and will appear in our next. The writer being about to make a journey to this country, our readers, in all probability, will be de prived of the pleasure of reading his lively and crowded budget for some weeks to come. We hope, however, the interruption will prove but temporary. Papers for East Tennessee. —We are now sending about 450 papers every week to the churches in East Tennessee, for which six months payment has been contributed in advance by a number of our liberal men in this city and Harris burg. Besides this, we are sending a goodly number of copies to individuals in that section who have subscribed for the paper themselves. Parties unable to pay the entire subscription price, and who may not be reached by this gratuit ous distribution, will receive the paper on sending one half of the subscription. A wealthy and liberal gentleman of this city has pledged himself to make up the balance in all such cases. NATIONAL TEMPERANCE CONVEN TION. NOTE FROM DR. MARSH. Mr. Mears :—Will you permit me to express my surprise and astonishment that your Saratoga correspondent should have allowed himself to say that an “ anti-church sentiment, marked with a spirit of undisguised bitterness and con tempt for the Christian Church ruled the Convention.” Ido not believe that such a discovery was made by any other individual. I was present the whole time, and attentive to all that was said and done, and am sure there was no foundation for such a remark. The paper of Dr. Chickering on the connex ion between, temperance and religion, and the aid the temperance cause had received from the ministers and churches was very satisfactory. If the paper drew out any details of remissness in some pulpits and some churches it was in no spirit of infidel radicalism. I pre sume four-fifths of the members were members of evangelical Christian chur ches. The presiding officer, Gov. Buck ingham, is himself a deacon of a Christian Church, and an eminently pious man, and would in a moment have rebuked any improper remark. Once or twice he did check Mr. Gerrit Smith in some of his extreme views, which had no favor with the majority. Not the least abandonment was there in a single reso lution of the Gospel rule and principle of temperance, and no charge made of the use of alchoholic drinks for medical or sacramental purposes as sinful. Total abstinence was not substituted for tem perance, because in the opinion of the entire convention it is temperance. The charges made by your correspondent against the fundamental principles and course of the Convention, I cannot but view as altogether false and slander ous and calculated to do great injury in families where your excellent paper is read. Yours respectfully, John Marsh. Sec. A. T. Union. Note. —Our first correspondent at the Saratoga Convention appears to have taken a somewhat peculiar view of the proceedings and spirit of the body, which, much as we respect his judgment, we are inclined to regard as erroneous, though sincere. At the time his letter came to hand, we had no other source of information, and received his state ment with a deep and painful sense of disappointment at a result which augured so ill for the cause. We are glad to nublish the above lines from our honored friend and brother, Dr. Marsh, as evi dence that the Convention as a whole was a real movement in the right direc tion, and well calculated to arouse and rally the friends of reform for another and more vigorous effort than ever. We stand prepared to join in such a move ment with all our heart, and are at it already. Another view of the Conven tion will be found on our first page. TREATMENT OF THE FREEDMEN. DEPI.ORARLE ACCOUNT. The morning papers of Tuesday give the following paragraphs, which purport to have been taken from different South ern papers and telegraphed to New York. Where the Southern Christian Intelligencer is published, or what de gree of credence is to be attached to these statements, we do not know; we fear they are too true. The Cincinnati Gazette contains an account of the trial, by a military commission, at Salisbury' N. C., August Ith, of Miss Temperance Neely, of Davie County, for shooting and murdering a slave woman, who in terfered to prevent the whipping of her daughter in the regular old-fashioned pro-slavery style. The qase was clearly made out against this sprig of North Carolina aristocracy. But to the ex tracts : New York, August 21, 1865. The Southern Christian Intelligencer of August sth says, if one-tenth part of the re ports are true which are coming from all parts of the South, thicker and faster, a most shocking state of affairs exists. From locali ties where there are National troops come re ports that the unfortunate creatures, the negroes, are being hunted down like dogs, and despatched without ceremony. The newspapers in the South are filled with ac counts of the* brutal murders which foot up to an aggregate o 1 several hundred per day, which is doubtless only a small portion of the number noticed. An Alabama paper says this business has become so extensive and common that some planters even boast that they could manure their land with the dead carcases of the ne groes. If negroes can be shot down daily in garrisoned towns where the authorities are unable to stop this state of things, it is very reasonable to suppose that this brutal work is carried on more extensively where the blacks have no protection. This wholesale murdering of human beings is, we fear, the practical working of the conspiracy to exter minate the colored race, which is revolting to the Christian age. The Raleigh (N. C.) Frogress , of the 16th, learns from Colonel Lawrence, commandant of the post at Goldsboro, that six negroes were killed at or near Warsaw two weeks ago. Their former owner left on the approach of the Union army. The negroes remaining, they went to work and made a crop. The former owner returned recently, and ordered them to leave. The negroes refused, and the proprietor of the place getting some neigh bors together with arms, ordered them off again, and on their refusal attacked them, killing six. Accompany of soldiers was sent up from Wilmington to investigate the affair. MORALS OF WALL STREET. The speculating or gambling mania which has been rampant in Wall Btreet during the last years of the war, and which continues to the present moment, which has trodden under foot the Na tional credit and brought about enor mous additions -to the public debt, is now bearing legitimate fruit in fruds, forgeries, and defalcations to an unpar alleled amount. The first of these, al ready mentioned, was perpetrated by a teller and a clerk upon the Phoenix Bank, and had extended over two years before discovery, reaching nearly three hundred thousand dollars. The excite ment over this discovery attended by the .suicide of one of the delinquents and sad revelations of dissipation and vice, had not died away, before a second case transpired, this time that of a gold bro ker, named Peter R. Mumford, who on’ Saturday, August 13, obtained large amounts of gold from various brokers, which are estimated as high as $lOO,- 000, giving therefor his checks on the Mechanics’ Bank. On presenting the checks at the counter of that institu tion, it was ascertained that there was no deposit to Mumford’s credit to meet his obligations. Mumford was arrested for trial on the 16th, having apparently made no attempt to escape. But these were mere preliminaries to vaster transactions which came to light on Tuesday afternoon, the 15th instant. “Among the wealthiest and boldest houses down town,” says the N. Y. Times, “ was that of Morris Ketchum & Son. Its operations during the last four years have been enormous, its gold bullings embarrassing to the Govern ment, and its credit, so far as mere cash was concerned, almost unlimited. The junior member of the firm, not content with the legitimate line of busines in which his father had made a fortune and a name, dealt largely in stocks, operated heavily in gold, lost, made, lost, made again, lost more, hypothecated the secu rities of the house, continued to lose, forged gold checks with which to supply a margin, took up some of them with the proceeds of the stolen securities, contin ued his speculations, lost, continued his forgeries, lost, kept on forging and losing, until his doomsday came, the discovery was made public, and while his father’s house fell crashing about his head Mr. Edward Ketchum took up his bag and ran.” Young Ketchum employed a respect able brokerage house, Graham & Co., through whom to do this business and carried it on at an enormous rate, at first quite successfully. With Messrs. Graham he left $285,000 in forged gold checks, which being intended only as se curity to be drawn only in case he failed to make good his engagements with the firm, were laid aside without being care fully examined, as no suspicion of foul play existed. Such an examination would instantly have revealed their worthless character, as the forgeries were executed in the most unskilful and clumsy manner. The names were not spelled correctly, nor was there the least attempt to counterfeit the handwriting of the parties on whom the fraud was committed. The Fourth National Bank had also received similar miserably exe cuted checks, as securities, to the amount of $255,000. The Ketchum firm itself is, however, represented to be by far the heaviest loser, the son having abstracted and lost in his transactions between two and three millions of securities belong ing to the firm. Young Ketchum was last seen on Monday afternoon, August 14, on Broadway, where he purchased a toilet bag, and placed in it packages of greenbacks believed to amount to sixty thousand dollars. The houses of Ketcb um and Graham'have suspended pay ment. The panic on Wall strret was violent but brief. Prices fell from two to eight per cent., but the withdrawal of such a large house and the more general distribution of stocks lately held by them are regarded in a favorable light by those who remain. So the wild dance of speculation is to begin again. Join hands (or feet) bulls and bears, gold operators, oil and mining speculators, foes of government credit and friends of our own pockets; enter the ring fast clerks and bank tellers, and let the dance fio fast and furious until the next grand explosion! Definition of “During the War.”—ln fnwT e °