THE NEW YORK TEESS.
EDITORIAL OPINIONS OF THE LEADING
JOURNALS UPON CURRENT TOPICS.
COMriLED KVMIT 1AV IfOR kVliMfiO TKI.EOKAru
General Butler's Soldiers.
From the Iribune.
Copperhead "con?ervntim" bits maile evcrn!
, minor attempt to coddle the eoMierg, not to
mention the dead-set and ita thrice-lamentable
result under the loft-banded auspices of General
McClellan. Of coureo uch. a rich capital ot
TOtes was too tempting for speculative politi
cians; but though tho grab was made, nothing
to speak of carae oi it, and wo venture to pre
dict that however often renewed, in White
Houses Or In pot houses, nothing spcoial ever
will came of it eicept special discomfiture.
. There are excellent and natural reasons for
this., To begin with, our soldiers, as a class,
are the most intelligent and the best educated
the world has seen from the days of Julius
C'sar to the days of General Grant. Hecondly,
they fought lor principles and not for pay or
plunder. Thirdly, they met aeoen-jion face to
lace, and marked the diabolical earnestness
. which sullenly nuuldered In Its blood-shot
eyes. Fourthly, they would have been more
than human it tnev could have utterly banished
bitter memories or the Confederate prisons of
starvation unalleviutcd, dtnease, wanton cruelty,
and gratuitous iusult. They remembered, and
they did right to remember; for although reli
gion commands us to be forgiving, it does not
command us to bo fools, and a long memory is
quite consistent with a merciful heart.
Soldiers, of all others naturally prefer to
select their lawmakers from among their old
friends rather than their conquered opponents,
and do not look: with particularly rapturous
delight upon the prospect of a Congre9 trans
moRritied into a Confederate and Copperhead
camp. In a word, our veterans' eyes are as
wide open now as they were when upon picket
duty; and lor the result of their wakefulness the
reader is referred to the election returns, at
once so decisive and exhilarating. An appeal
to soldiers as a class might be of dangerous im-
. port, but no such appeal is necessary. They
are simply voters who have had particularly
t pood opportunities of studying treason in its
fiercest and foulest mood, and they neither ad
mire the animal, nor the friends ot the animal,
no matter by what Lame those Irieo Is may call
themselves, or in whatever garb they may be,
lor the moment, masquerading. , , ,
In a case like this, we suppose that General
Butler, an old-fashioned Democrat, may be con
sidered as a good witness. He said at Spring
field, Illinois, last Tuesday, that his division of
COOl) troops went into tho war "Democrats"
almost to a man, and came out of it, rank and
tile, Republicans, their residence in Louisiana
having "changed their ideas," and given them
a fresh set of opinions in all matters relating to
slavery. Nobody can Bay that these results ot
Personal observation warn nnl nni-fontltr f.ii- 0,1
. legitimate; nobody can deny the right of a man
to shape his views of public policy by what he
knows from immediate intercourse with avowed
enemies of the Government; and nobody w'lh
sense enough to pull a trigger will vote to-day as
if there had not been an earnest and bloody bat
tle yetterday. As we owe our success in the war
very much to the intelligence of our soldiers, so
we may put our trust in that intelligence when
we would win the victories of peace. We have
no occasit n to beg for, or to buy (if that were
possible) the votes of the veterans. Naturallv
and instinctively they are with us already, as
we arc and have been with them.
Moses A Parallel.
From the Tribune, '
The radical Unionists in the Western States
are enjoying a parallel ran by some wit on the
prairies between our Johnson "Moses" and the
.Moses of Scripture, to the eiTeot that:
Moses led his people through the sea: John
son led his into it
Moses asked Pharoah to let the people go;
Johrson was asked by Congress to let the people
go, but wouldn't.
Moses cast down and. broke the tables of the
law; so has Johnson.
Moses erected a serpent in the wilderness and
the people lived; Johnson erectod a serpent in
New Orleans and the people dle.1.
Moses Blew an Egyptain; Johnson "slews"
himself.
Moses had Aaron for a spokesman; Johnson
has his spokesmau. Aaron made and showed
a calf: Jcunson's man made and showed a me
nagerie. . Moses ate quails in the wilderness; Johnsou
entertained "quails" at the White House.
Moses sang a song of triumph; Johnson
sings on the other siao of his mouth.
Mobbs was angry with the people; so is
Johnson.
In Moses times there were plagues by reason
of hanging on to slavery, and maintaining the
ttlave power; so there are in Johnson's.
Moses esteemed reproach greater than the
riches of Egypt, for he had respect unto the
recompense of the reward; Johnson esteems
Ms "policy" Jar above reproach, and had respect
unto the recompense of the pardon-brokers.
Moses was the meekest man: Johnson is the
'umblest individual.
Moses sent spies to spy out the land, and
they brought back an evil report; so did Jonn
son, and they brought back increased radical
majorities.
Moses didn't bring his people into the pro
mised land; to didn'-t Johnson.
Ocean Regatta Extraordinary.
From the Daily Xetct.
The late Commodore Stevens was emphatically
bat is called a "game man," ioremost in nearly
all of the garlant contests of peace. Tho great
Eclipse and Uenry race of hh making was the
Alpha, and the triumph of the yacht America
the Omega of his public-spirited career.But
could ho rise fiom his ashes ho would be
amazed and gratided to know that the seed
sown by bim In the poVto sport of yachting has
borne such lruit as the coming event, to which
we feel proud to call the attention of our reader.
Messrs. George 0,Kood, Pierre Lorillard, and
2?t9? Uc"notc. Jr., the owners of the
yachts Fteetwit.g Vera, ana llenreetta made a
match last Saturday eveuing 0 fail for a sween
takes of $90,000, on the 11th of Dcembe "from
Sandy Hook to Co wet. The maguTucence of
this pool will excite the rolnciant admiration
ot JoW Bull, bettin 30,ooo upon owtwiU
is backing one's opinion with a veiTLV ti,
vecsels will be put into immediate tmiuw ami
their tonnaee each measuring a few tons' "ir
'200 is within a fractieuof evun. We congra
tulate the rising ueneration unon thii revival
of the spirit ot the ancient Via ings, and ouly
regret that there should be no America left jo
be dibcovered by these young gentlemen, who
manifest a courage worthy of the stout old
Genoese who completed the map of the world.
The papers were signed, and the first instal
ment of twenty per cent, was put up on Monday.
To make this contest more Interesting to our
cousin John, the winner of this race is to chal
lenge all England lor $100,000 in gold.
Tbe Business Prospects Indications of
Danger Ahead.
From tlie Timet.
It is greatly to be feared that the pleasant
talk which prevails in Wall street very inipur
- fectly reflects the feeling which prevails among
the manufacturing and mercantile. interests of
tbe country. Judging ol our Bnanolal position
simply 1n the light of the stock market, and the
ease with which loans are negotiated, the busi
ness aspect of the country might be said to be
prosperous and promising. Where sellers and
FiJMITA J'vNNINGTELEGIUPn.PniLADELPniA, WEDNESDAY,
bujrrn, leinlerj end borrowers mint d t ounirie.
gate, matters run as smoothly n the muni nd
vontuious speculator1, coul.l tlr4. There In
neither monetary tli-.titue"' not dilllciill.v, mil'
tho anprt hitiplon of dlilicuily, j Tlit hunks lend
freely, and tlie daily trnHuction ut tho Clear
ing lloiitnt ronch a I'giire wh h xlx yuwr a ;o
would have been rotiHiiltrPi liilulou. Nearly
the entire amount widen the tiitumul hunk tiro
empowered to issuo U In oiioiilutlon, and, mlloj
to the mi omit of Government union, bus pro
duced an Inllallon that wou'.rt haru betn Im
possible in specie-paying days. An enormous
umount of commercial pnw r muck of it at
long dates is atloat. And, altogether, things
l etoken yet higher prices for slocks, and a con
tinuance of tho flush times which render bold
operators happy.
There are. te"verlheless, slpns and tokens In
the biistnei-s world which tho prudent manu
facturer and trnder ousht not to disregard.
Though speculation is rife, trade gotierally is
dull. In tho dry goods branch especially the "
depression is severe. "It has not been so bid
since 1857," is the report we received from one
quarter yesterday; and tbe statement tallies
with the current testimony of fhoso who supply
the interior trade, West or South. The cause of
th depression is represented as very simple.
The retailers of the country are overstocked;
they are not buying because' they have not sold
the stocks they purchased months ago; and the
stagnation they sutler reacts upon the Eastern
markets. The failure of a dry goods commission-bouse
lat week is one of the earliest re-ults:
while tbe fact that the paper of tho firm sold at
six per rent, alter the suspension had occurred
seller and buyer being alike ignorant of tlie
circumstance establishes, tho pood credit it
enioyed at the last moment.' Manufacturing
failures are- reported from- Massachusetts and
Connecticut and agents of woollen manufac
turers make no secret of their apprehension of
dilliculty arising from over-production.
How sadly the South has fallen short of busi
ness expectations may be inferred from much of
the correspondence which wo have of late pub
lished from that section. The letter from our
careful correspondent in Georgia, reporting the
trade condition of Augusta, Atlanta, and Macon,
must be accepted, we fear, as equally applicable
to nearly the entire South. And what is the
picture? Every store is overstocked.- Tae
shelves of the retailers are crowded with arti
cles lor which but a limited demand could exist
at any time, but for which there could be no
demand whatever In these davs of Southern
poverty. The tiaders have been sunnlied with
moire antiques and, silks, with costly Jewelry
and artlcleb of verlu, with the daiitieit wines
and liquors, with cutlery and china of the
choicest patterns with all that mioht temnt a
gay and hospitablo people in an era of mono- ;
lary sunsnine. uut, uniimuy, tno articles
remain upon theshelves, unsold. Tbe would-be
buyers have no money. And though the store
keepers have obtained their stocks on credit, 1
they have no inclination to sell upon tiie same
terms. ' ,
The gilt or prophecy is not required to tell the
rcrtain consequence of the vm wise extension of
tho credit system which this state of affairs
reveals. Manv of the Southern traders, no
doubt, lustitied some degree ot accommodation
by tbe honorable character Of their fietilomnnt
at the close of the war. But a grave error has
been committed in allowing a system of almost
uniimuea credit to grow up while the industry
and resources ol the South remained la thelrcha
otic condition. And not only credit has been
granted, but, in numberless instances, credit lor
lengthened periods, as the mercantile paper
now outstanding sufficiently proves. Compe-
uuuu uiy uve icu to me adoption or lue sys
tem, from the penalties of which it is not easy
to divine an escape.
Let nsnot be deceived then by the ease which
obtains in the money market, or the confidence,
which seemingly animates a large and i Influen
tial class of the community. The business
barometer may not indicate panic; lor that can
not ccme in its fiercest forms sa long as the
circulating medium continues inconvertible,
but there is ample ground for inculcating tho
necessity of greater caution than has for some
timepat characterized the mercantile world.
The animation of the stock market does not
extend to oidinary business; and nothing can be
pained by concealing a fact, for the probable
effects ot which we should steadily prepare.
The-Approaching Session of Congress
Impeachment of the President.
From the Herald. , , , . .
The Thirty-ninth Congress (second session)
will reassemble in the National Capitol on the
first Monday in December next, and its consti
tutional term of existence will end on the 4th of
March ensuing. It will be what is generally
known as the short session, during which very
little business can be expected beyond the appro,
pnation bills, and some tinkering of the tariff,
the national bank and currency systems, and
Internal Revenue laws. It is morally certain,
however, that soon after, if not before, the re
ception ol the President's annual message the
extreme radicals in the nouse will make a
movement for the impeachment of President
Johnson. The upshot of this experiment, there
loie, becomes a very important question.
Notices of impeachment proceedings have
been proclaimed from the stump by General
banks, General Ben. Buller, Hon. Mr. Bingham,
and Hon. Mr. 8hellabarger,-of Ohio, and by the
Hon. Mr. Kelluy, of Pennsylvania, and other
radical leaders. In one ol nls late electioneer
ing speeches, Mr. Bingham said, "do help me
God, 1 will neither give sleep to my eyes nor
slumber to my eyelids until I shall have drawn
bills of impeachment aeainst Androw Johnson."
General Butler, however. In one of his late
stump orations out West, has crone so far as tn
frame his Indictment and his charges against
tur uuruuiug r icaiuciii, uuu lUPy are as 101-
lows:
1. An attempt to bring Congress into public
hatred, ridicule; and contempt.
2. Wrongfully usiner the power of . appoint
ment, and disregarding the prerogatives of the
United Htates Senate In the appoiutment of men
whom that Lcdy, in pursuance of constitutional
authority, had tried and rejected.
8. lor declaring peace iu the insuriectionary
States with6ut the consent of Conuress.
4. For corruptly using the pardoning power.
6. For failing to enforce the Civil Rights bill.
6. For complicity 10 the New Orleans riot.
General Butler next answers the question,
"How can the President be impeached?" sub
stantially as follows: Tnat the House of Repre
sentatives, acting, according to tbe Constitution,
as the grand inquest, or grari i jury of the nation,
prepares and presents the bill of impeachment
to the Senate ol the United State, which then,
with tbe Chief Justice of the Supiemo Court as
its presiding judge, becomes a high court of im
peachment, and so sends out its tergeaut-at-arms
to bring in the criminal, be he hlh or
low. This done, the Senate may send him to
prison for sale keeping during the intervals
between the sittings of tbe Court, or they may
wruer mui to una oan; ana in either case the
d'nctionsoi ins Dign ottice must be discharged
hv thluo ,rlal by some other person that is,
Suinner"S?ldcntoftbe8e,iate1 Mr- 'oer, Mr!
ro"kion aVtul?0' or ttQy oue eLe Elding the
E?oVfn !.-". throueh an election by the
:... ;V?.Vllng ollicor. Tba -modus
would be very apt to tollow without nlVJh, , n'
of time. "h loss
Tlie power of the two Houses In tho premlb.,
is char. The President aud anv otter civil
officer of the United States may b'o removed by
the process indicated, "on impeachment for
and conviction ol treason, bribery, or other
high crimes and misdemeanors." But what is
the case made out against President Johnson
by General ben. Butler r Firt, that Andrew
Johnson has been guilty of the "attempt to
bring Congress into publlo hatred, ridicule
and contempt." We presume this has lcfereuc'o
to some of the unfortunate si,eerlie n..i.uo,,i
I by Mr. Johnson iu his late unlucky pilertiuagc
iv uc iuiiu oi ouu'.iior uougias at Chicago
is simple enough, aud aa, ne,d impeachment
maioiity of two-thirds in eaoL a Repuollcan
sition by Congro ot Presidency!!?' tue d?P-
l.r.n.1 ouo ,.2, ,1,1 ha m.lo .."IllnSOU. If a
bill there Is some palliation for those sneecheg
In the provocations of certain radical leaders
, nnil Mumpers levelled at President Johnson.
'Ihrj railed at him, and ho paid them in their
oi. coin, only ho forgot to discriminate
1mm w en Congiefs and its railing radical.
Huihr's tccond chnrgo of wrongfully usdng
Ihe power ot appointment" amounts to nothing,
hi this business Mr. Johnsou, wisely or un
wisely, hns only followed the examples of his
predecessors (rora the time of General Jackson.
Tho third charge, that ho was euiltv ot a high
crime or misdemeanor in 'declaring peace in
Ihe fnttireent States without tho consent of
Conirrefs," is simply absurd, as is the fourth, in
regard to the exercise of the. pardonlns power.
The flitb, "for failing to enforce the Civil Rights
bill," remains to be proved, and the sixth, "lor
complicity In tbe New Oilcans riot," is not sus
tained by the laetc If as. good, .It is no better
than Mr. Johnson's cbareo againot tho radicnls
ot Congress thnt they incited th Ne Orleans
riot; and this brings us to the end of the budget
ol butler. : . - j
Upon these charges, or something like ihem,
we expect the attempt will bo made to impeach
the President at the coming session ot Congress.
We undertake to say, however, that no bill of
impeachment will pass the House, and that if
put to the test it will hardly receive more than
forty or fifty votes, or the strength of the
extreme radical faction. On the other hand,
we deem it highly probablo that the effect of
the impending November elections will be to
bring the conservative Republicans of Coneress
and the Executive into that happy accord
which will put an end to this lmpeachmen,
scheme of the Jacobins, and btlng the outlying
Southern States to a wise acceptance ol the
Constitutional amendment. As the controversy
stnuds between tho President and Congress it
affords no facts or overt acts for -an impeach
ment, and in what Mr. Johnson may do lies the
alternative, not only of a two thirds majority
Bgainst him tn csch House to the end of his
term of office, but 1hat other and saving alter
native of a balance of power in bis favor with
the resforation of the 8outh on the basts of the
Constitutional amendment.
The Dlstnrhed Relations of Ilnstla and
Austria Another Hlckllau,
From the Herald. , i :
It is announced from Europe that there is a
daugerous complication in the relations between
Russia and Austria, and it is intimated by the
London rimes that the immediate cause of this
new European trouble is to be found in Russian
intrigues for the further disintegration of the
Austrian empire. It was hardly to be expected
that Russia, whose frontier has been carried so
far westward BOtely by tbe dismerabeiment of
other nationalities, should preserve her equili
brium in view of tho spectacle that Austria has
presented In the past summer; and it seemed
not at all natural that she should remain quiet
while Europe was radically reconstructed and
settled into a new balance. In the portion of
Austria, availed on the north and the south,
there was an oppottumty lor Russia to settle
the score of revenge that she had against her
neigh Oor tor the failure to come forward when
England, France, and Italy joined hands with
Turkey against tl.e giant of the north. More
over, tbis troubled position of Austria afforded
a most templing occasion to Russia in another
respect.
Austria, it must bo remembered, is' a com
posite empire, and was even more eminently
such lust summer than now. Her great ele
ments of population, divided by races, were
Slavic, German, and Italian. Tbe success of
the war furaiiihr. hpr flfinrtvorl h.. a t utA A
nearly her whole Italian element, and so crip
pled her in the German element that she is no
lonper regarded as a German power. Seeing
these i-oruoi s of tho Austrian empire thus re
verting to their original nationalities; seeing
the Italians of Austria absorbed in one direc
tion and the Germans in another, it is only
natural that Russia, the great Slavic power,
should conceive the possibility of Bnlshin" the
matur by an absorption of the Slavs. We
cannot aieue that she did not conceive that
possibility by her having apparently kept quiet;
flri? w.89 vw7 8hort' Bnd the concep
tions of ltutslun politics are sometimes very
Bussia, moreover, may have a more
eLecllve way of operating; In this realtor than
by open war. Indeed, open war for the pur
pose of the obliteration of Austria would involve
the interference of the Western powers. In
the midst ot tbe recent war the Emperor of
France intimated to Prussia that Austria must
not be debased from her position as a great
power.
Such a power in her place is a necessary part
of the balance, and the Emperor allots to her
thirty millions of people. Another war, there
fore, to strip the new sick man of additional
millicns of her population, could not be per
mitted; aud Russia works by surer means, in
the intrigues, doubtless, with the people, hinted
at in the telegram. Whatever circumstances
may give rise to if, or whatever form it may
take, it seems certain that the next collision
in Europe must be on the border line between
thee two powers. Austria shut out of Germany,
definitely limited in every other direction, can
only grow towards the east, and can only do
tllAl At fhA 1-vnpllflA Amntin rf inriii-nnl-l .v
Rus-ia. Russin, while resisting, will also always
be aggressive. Such is the character of the
two powers the persistency of the one and the
6tolidit y ot the other that diplomacy cau only
avert tbe collision tor a time. It mui-t come,
but we do not believe it will coaie jsst yet.
The Mexican Empire on the Point of Dis
solution What Is to Follow I
From the World.
The Emperor Napoleon is sufficiently punished
for his audacious and intrusive interference in
tbe affairs of tbis continent by tbe chagrin and
loss oi prestige which attend his signal failure.
Ills capital mistake was h's miscalculation of
the result of our civil war. Had his opinion on
thU one point been correct, a great - deal might
be said in extenuation of his attempt to replace
the chronic anarchy of Mexico by a stable Gov
ernment. The permanent division ol our repub
lic would have been a disastrous blow to repub
lican institutions throughout .the world.. Our
sister republics on the southern part of this con
tinentalways feeble and distracted would
have lost heart. Mexico, in particular, so long
the prey of contenJing factious, would, if loft to
herself, have retrograded, more an I more,
through anarchy, towardp barbarism. Had Na
poleon correctly forecasted the late ot our
republic, his intervention in Mexico would have
been truly in the intercut of order, civilization,
and commercial development. Not France
alone, but alt nations having intercourse with
Mexico, had long felt the misgovernment of
that country to be a serious evil.
President Pierce's able messauo to Congress
on Central American utlairs (whether written by
Secretary Marcy we know not,, but certainly ap
proved by bim), alluded regretfully to those
evils, and stated, among other facts, that five
revolutionary governments had succeeded one
another in Mexico within a lew months. Tbe
consequence was, that foreigners in that coun
try hsd no protection, and that their Govern
ments were frequently obliged to intervene in
defense ot their rights. England had been
obliged to resort to strong uie tats res; France
had, on one occasion, disembarked troops at
Vera Cruz. It was lor the gpneral Interest ot
the world, President Pieico thought, that the
iufluc-Dce of the United States should be felt
in aid of order and stability in the counMies
lying between our southern frontier and the
.Uihmus.'
jlowance being made for the sinister augury
war"Vv,l'ou respecting the result ot our civil
and'nerue was 8 wrtaln greatness of conception,
attempt to even generosity of purpose, -la las
nrrier nropruem irom murchy and restore to
S 'nS?,1 unu commerce, one of the finest
our aSSfr reKlun of e globe. Had
tXo Vfosssfc srzftsz
place. Tue Inspiring .uwi 0? ouc Z
lelnvlporating republican sentiments among
the Mexicans would also have been wuntin".
The prostration of republican hopes and the
support of Fteneh nrni would bate ma nta nert
the throne of Maximilian; and IV exico, under
the empire, would have entered On a career of
renovating and creutive .civilization i Her
magnificent Internal resources would have been
developed; foreign cnpUnl and emicration would
have flowed in, Invited by lucrative opportuni
ties. and the security of a stable ffoyerument;
the nerves of industry would have been touched;
wspes Increased; Internal commerce promoted
by the construction of railways; exhaustions
mines have been made to pour out their wealth;
and tho ever-ilsing tide or the world's in'er
natiorar commerce have been swollen by be
products of , a country, on which nnturo has
lavished her gilts with a prodieal hand. ;
These tempting visions, so fitted lo fascinate a
greot statesman like Napoleon, have all van
ished, aud -"like -an-, -unsubstantial pageant
faded, leave not a wreck behind.". For the per
manent tntercpts of the human race, tbe disap
pointment of thepe brilliant hopes is fortunate.
Tlie prestige which ooosis would have broueht
to tbe monarchical over the republican idea
would have set back the" bauds on the dial of
political progress. The world would have re
lapsed, for an age or two, towards institutions
w hich the Improving condition of the masses is
rapidly outerowlng, and which are destined to
become obsolete.
But if republican Institnlions are as beneficent
fls we deem them, why should not they produce
equally valuable fruits ? Why should not order,,
stability,' civilization,. Industry,' commerce,
prosperity, and national - development grow up
and flourish 1d Mexico 'under the protecting
Bhadow of a republic as well as under the pro
tecting shadow ot a throne. Should not a neigh
bor conler upon a neighbor, a 'republic upon a
sister republic, an American nationality upon a
conterminous American nationality, a nurture
as valuable and advantages as great an a Eu
ropean monarchy would have conferred upon
an American monarchy of its own planting?
Would it not be discreditable to republicanism
to be outdone, on its own hemisphere, in gene
rous ideBs, in liberal, civilizing tendencies, in
aspirations towards a beneficent leadership
in national progress and commercial develop
ment? A selfish indifference to the success of free
institutions in other countries is contrary to
tbe genius of republicanhm, which is geuerous,
fruitiul, atpirng; tue source of vast ideas, of
a genuine sympathy of the sfrusiling nations,
founded on the doep sense of the" brotherhood
of men, which, originally' borrowed from
Christianity, is tbe germ of democratic politics.
It was the outgoing of generous democratic
sympathy, overleaping our national boundaries,
that declared its protecting attitude towards
the republics of the American continent, in
the Mon.-oe doctrine a doctrine which struck
its roots in congenial roil, and, next to ihe pre.
servat.on of tbe Union, is the most cherished
of our national traditions. It is not in the
nature Of democracy to he rnlri an. I harmn
I. Its sympathies have have often been so quick
' - " v v riuuuvc IUU 1 1 1 J J(l I It. LI I u
: spirit ot apostlethip, as was manilestcd in tho
r rencn itevoiunon, ana in every outbreak of
1 111, fmrort iwntitilin.n Kpn Klimk 1.
. . .vuuiivhu uiv nuivu iiuo iu&t:u
place since.
With what generous ardor the Democratic
patty ol that day, inspired by Jeflerson, its great
founder, hailed and applauded the republican
tiptising in France 1 With what lively zeal, at a
I lnl rtan It .nnnMj U . 1
........ .j, , i tuwuiuft;u mc OUOlAJOU-a-IllCl LUUU
republics when they Imitated our revolutionary
example! How it kindled at tho Greek revo
lution 1 With what a sympathetic glow it
watched ihe fortunes of Kossuth in tbe Hunga
rian struggle 1 Wherever the banner of republi
canism bas been raised throughout the world,
the applauding good wishes of tne Democratic
party of the United States have warmly greeted
it. . The same generous feeling has been mani
fest )n welcoming the oppressed of all lands to
our shores, and in keeping open an asylum lor
patriots and political refugees. We feel that
democracy is a great brotherhood; that this
great nation, as the leader and exemplar of
modern democracy, owes duties of encourase
ment, protection, and sjmpathy to all of like
faith, w hlihersoever scattered abroad.
But may we acilvely intervene for Its propa
gation and protection outside our own bounda
ries r For its propagation certainly not; for its
protection, under some circumstances, we may.
Wben the Holy Alliance undertook to interfere
aguinst republicauisin iu South America, wo
announced tbe Mooroe doctrine. We met the
manifesto of the Holy Alliance by a counter
declaration. We withstood its dmlomacv bv
countervailing diplomacy. Had the Holy Allt-
unce rtsoriea 10 lorce, toe Monroe declaration
would have been made contemptible. It we had
not supported It by force, When France in
vnc'ed Mexico, Mr. Sewaid was recreant and
pusillanimous, that he did not rebuke and
withstand her. Had she persisted in upholding
Maximilian, it would have been tbe duty of our
Government to drive hisa out. Thus far, we
suppose the American people are substantially
unanimous.
Bu if by rr oral or physical coercion (using
either according to 'circumstances) we may
intervene to repel monarchy, what shall forbid
us to iuteivene to lilt up and protect prostrate
republicanism, in a country which lies upon
our borders, which invites the enterprise of our
capitalists, who?c proximity will give us the
greatest si are ot its commerce, and whose feeble
Government, not jet reinstated, supplicates our
ai-sistance? To intervene against her wish, as
Napoleon did, would violate International
norality; hut the circumstances, In our case,
preclude this objection. Whether we ought
ever to intervene to our disadvantage and cost,
is equally foreign to the actual case. We have
an intere't in republicanism, nn interest in
civilization on this continent, an interest in tbe
commerce and iudutrial deve'opment of
Mexico. Cost or risk there need be none.
Mexico can amply secure us, either by a cession
ot territory or by a lien upoo her imposts. It
would be the opprobrium ol the Monroe doc
trine and the shame cf republicanism, if thoy
rescued Mexico from Imperialism only to remand
her to anarchy. Shall it be fail that the crusade
against European intervention on ibis continent
to which tho Monroe doctrine binds us, is a
cru'ade against order and civilization? lfr
I iiblicanif-ni is the ally ol progress, a country
which might have advanced under Ficnch pro
tection ought not to retrograde by what w e ask
the world to regard as a relief.
That tbe Mexicans would gladly accept an
American protectoi ate, there is every reason to
believe. The memorable oiler they made lo the
late General Scott illustrates the reasonable
temper ot the Mexican peopK General Scott
first Decarue known to them as an invader. All
the r instincts ol patriotism were aroused against
him aud the nation whose forces he commanded
during his hard-fought, victorious advance
Irom Vera Cruz, and his triumphant entry into
their capital. But the equity of his government
alter the conquest, the unprecedented security
enjoyed by the people, the order and reviving
prosper Ity they t-nio.ved, gave such promise ot
renovation, that leading citizens of Mexico
ottered him the dictatorship of tbp republic,
which he declined to accept mainly because he
was expected to p-ivo tho way for its ultimate
annexation to tbe United States. A 6hort ev
peiienctt of an American protectorate would
produce sentiments equally cordial. Wo do not
wish to absorb Mexico; cer aiuly not at present;
never auainst her own inclination; most
decidedly not until she has gron up
to thai robust capacity ot t elf government
which would prevent her abusing the local
freedom w hich Is the heritage of our States.
A protectorate would cause a great intlut of
American citizens, who would trive an impetus
to Industry aud commerce, develop the resources
of tho country, Inspire the nation with tbe sen
timent of progress, educate it in liberal ideas,
and dirl'ui-e through it thoe sound views of the
nature of free institutions in which it bas
always been behind us bv the lack ot our long
antecedent train ine. We were cradled in
liberty in our colonial atatet Mexico was not.
When bu American protectorate an ! American
immigrat'on have given the Mexicans a now
turu cl character aud a now cast of idea, thoy
will be ade to dee'de wisely for ihpmi'lve
wlittber their inti rests would be promoted
by a clote connection; and we could then enter
tain the question without fearing that annexa
OCTOBER 31, 18G6.
tion would introduce new clcniojtsof domestic
discord and peril.
The sentiment fl "maniffst destiny" which
inspired the Democratic putty of this
tountry to look forward to- a great an 1 expand
ing future, thooeh or lute dortimnt, is reviving
in all its old foice. It doe aot aim at vulpur
aegranaizement, but at a geuernu expansion of
the area of free institutions, national pro? perlty,
and a hitrlier civilization for the masses ot man
kind. W hether this shall come by further ex
tending our limits, or by dirlusine our principles
and our prosperity bevond them, the great
cause of demccratic trct-Dom' will ho equally
bcuctilcd ; commerce, which, next to free
dom, Is the great civilizing inlluence of
modem times, will be equally promoted ; our
just national pride as the lender or demo
cratic thought hud" the rem. valor of the
world's hopes, w ill ' be - equally gratified.
Democracy Vs progress : and w ousht t re
joice that we live in an nee destined to give a
mighty impulse' to the diffusion of free princi
ples. The present mission of democracy is not
the regeneration of the inferior races, like tne
Indians and negrots of our own country, but
the redemption to freedom of the superior races
all over the world. These will then lift up such
of tho inferior races as are not destined to ex
tinction. The Republican party of this country,
by misunderstanding tho epoch and misdirect
ing the spirit ot progress, endangered freedom
in its very citadel, and run tbe hazard of seerag
free institutions supplanted on this continent,
and democracy made a byword throughout the
world. Happily we have escaped this danger.
Democracy Basin rises triumphant, and re-enters
on its great mission of extending the area oi free
Institution. . ' . r
SPECIAL NOTICES.
DR. ROLPII LEK HAS ADMITS IS
TEK1D MTKOtS OX I UK 61 LAUOHINU
OAS to tbousnnds. with perfect lucces Tor Dental,
hurclriil, n1 Medical nurpowx, and lor smnnement.
Only tiitj rents per tooth for fstractln; no charm for
extrioting hen artificial teeib are oidered. Oilice, No.
iih WtW WAbimoXoft BgUABli, below LqcmX
strett.
Fcvmth street (an pantile floor. Don't be foolish
enonsb. to ffo elie-nhore and pay S3 and S3 lur pas. n. a.
I continue to give iOHtravtlout to tbe dental urotes
'n. '10 12 rinwam
ITwSr- OFFICK OF THE LEHIGH COAL
AMD KAV1GATIC COMJPAKY.
The Btockholflerj Of tbl l otnpanr are hereby noUlled
that toe Uoar&Ai JUanaoera have determined to enow
to all lertong who stall ai pear at btoctboideas on tbe
Hooks lit tbe Company on the 8th ot September next,
tier the cloalng oi transfers, at 8 P. M, ol thai dar the
prlvi ege or ubacnblDg lor new sioek at par, to the
extent oi one share ot new stock lor every hire shares
men itanuiDg tn then names fcach shareholder entitled
to a iractioiai part of a share shaU have the privilege of
subscribing icr a lull share r
i ho subMirlpiion books will open on MONDAY, Hen-
XVSS nd 1'8 " V-WDAY, Deoember 1, lm
at a r. M.
Vajnientvrnibetorslderea due Jnne 1, 18BT, but an
insisln ent ol 20 percent., or ti u Uoilsrs per share, must
be paid at the time oi subsoriDlng. Ihe balance may be
paid irom time to tlne. at tbe option ot the subscribers,
beiore tbe 1st ot JNovemoer. i861. On all payments
Including tbe aforesaid Instalment, made beiore tbe 1st
oi June, lt7, dircuunt Mil be allowed at the rate of
?er cent, per sonam, anoon a 1 payments made between
nat date and the Is. ot .November, lstf!, interest will be
cbargtd at ibe same fate.
A il stock not paid up in full by the 1st ol NoTemOer,
ISST. lil be lorleited to ihe ose-cl the Company. C'er
tllicates tor tbe new stock will not bo Issued until aite r
June 1 1S67, and said stock, it paid up In lull, wtil be en
lit ed to tn lioveinbei dividend, ot lbS7, out to no earlier
dividend.., . . : SOLOMOJi filbJrHKKD,
8 30 Treasurer.
fct PENNSYLVANIA STATE LOANS.
urrica or tna CoumssiOMns
. ; i Ot TUB KLNK1XO t'CND,
TRKASl BY Department
la-
;.
Tl Aftmtitattu A fli.ir.hA.. 1A 1 flftit
Notice la berebv elven that. fWAlnrl nrmnMla 4tw thn
saleot One Mil Ion Do Ian ot tbe Five Ver Cent, and
One Million D Uursof tbe ttlx Ver Cent. Loans ol the
Ccromonvealth of Pennsylvania will bo received at ibe
Jreasury Depa tment In the city ol Harrtsburg. anill
8 o'clock V. , M., of TUVHoDxY, tbe 15th day of Ao
VI Oilier, A. D 1806
hidden will s.ate amount ottered, price asked, and
whether Beglte:ed or Coupon Loans. To be addressed,
"lommh-sionerg of sinking Kund. Eamsburg, fa.''
Endnbed Proposals to se.l Htate Loans "
1 be Commissioners reserve the right to reject any
bids not in tbelr opinion, advantageous to the Com
tLonwealth. JOBS F. HABTRANFT.
-Auditor-General.
ELI SLIFkiU
Secretary of State.
W. H. KKMBLh,
, . State Treasurer.
I0 2iw Commissioner of the Binklug Fund.
lS5p CORN EXCHANGE NATIONAL-BANK,
nii- tri . u PniLADHLPMA, October 18. 1S6J.
Esq.. having In .Hay last. 1 1 view ot a proloiiueiTabst uce
iu Europe, resigned his uoaltlon. the Board of Director
1? v.. elected J. W. Toire. Jcta,. Vice-President.. and
11. 1'. tcnelkv. V.ta . I aahtrr.
1017
ahaiuiiim u, CATTr.iiii, President.
OFFICE OF THE SALEM COA X. flfiM.
PAW Y, No. 11 P11IL t DKLPrJI A EXCHANGE.
nx. a IlILADELPHI A, UClODOr 3 looj.
The Annual Meetino-of the Hinrthn iw win t. hM
at their office, o. II PHILADELPHIA KXCOANUK.
on MODa
, tne oth November, at 1 o'clock P. u.
iv 'a lit
A. L. MaSSKY, Secretary.
Wj&r' BATCHELOR'S HAIR DYE
THE BLST IN THE WOhLD.
Harmtefs reliable, Instantaneous. 'J he only perfect
dye. o disappointment, no ridiculous tints, but true
to nature, black or brown.
OkMJIHE la 61GM.D WILLIAM A. BATCHELOB.
AL&O,
Ee ceternting F xtract ot i lllefJeura restores.preserves,
ar.d bcautitles the bsir. prevtnia buldntss. no:d by all
DiugglBis. Factory-No 61 BAKCLAY fet.K. Y. 3
tgST JUST PUBLISHED
s By the Fh slclans ol the
NkW YOKK MUSEUM,
ILe Ninetieth Edition ot their
FOlili LECIUBKS,
entitled
PHILOSOPHY OF MARRIAGE,
To te bad nee, lor lour stamps, by addressing Becre
ui.v Ntw York iluseum ot Ana'oiny,
tti No 618 I ltOADWAY, New York.
PERSONAL.
PENNSYLVANIA STATE AGENCY.
No. 4S3 North ELEVENTH Street,
WASHINGTON, D. C.
Ills Agency co'lects from the Tnlied States
All Arrears of Pay, Bounty, and Pensions due
Pennsylvsnia Soldiers, or their Y.'idowi
end Orphans,
Including the additional Bounty under recent acts of
Congress, FBEE OF CHAUUE.
All business can be t:ansacted through the mai's, and
11 correspondence Will lecelre prompt attention.
Tbe Agency cannot act for Claims In the band j of
other Agents or Attorneys, and It Is not proper for
Atenta or Attorneys who collect lor pay to expect this
A gency to do their work.
F. JORDAN, '
Colonel, and Military Agent of Pennsylvania.
10 28 6tlhlm
EtfW EXTRA BOUNTY.
fr-1- ' 'Ihe undersigned la rcgularW llconsed
bythe United States liover. meiu to collect the Extri
Bounties and has all the luoIUties for a speedy settle
ment. L'ail onoraldress
GEOBGE W. FtRD,
Ko. 241 LO( K Street, one door below I'bird,
10 23 ?m fhilade pbla
EXTRA BOUNTY. -THE PAYMASTER
General bas ordered the prompt payment ot these
claims. I have ail the necesury torina under tho order
lor application, and tan Insure a apeedy settlement.
GEOti!U W. FOKD.No. 241 DOCK. Htreet. one door
below Third street. iu 1 lnirp
BOARDING.
JsJO. 1121 0 1 R AUD STREET
Is now Ofen for the accommodation of
FIRST-CLiASS BOAKDEHS.
Apply eaily
823
g L A T E M AN T E LSI
SLA IE MANTELS are nnsurpassed for Durabiluy,
Beauty, Bfangth. ani Cheapness.
HLaTE MANTELS and blate Work Generally, made
to order. .
J. .13. KIMES ft CO.,
912 ' Kos 8126 and Vlt ClIFSNTjf Street
1
PARASOIiS AT $1-25, ti'M, $1-75, AND
tti. buk Bun I'mbreliM, ectu, i-su, jsj is.
It. DIJtOS
4 lawlni
tie. 218. EIUUTU Street,
CLOAKS AND FURS
rj O 7 OPE 11,
I
PARIS CLOAKS.
EXCLUSIVE STYLES,
a
(WHICH WILL NOT BE COriKD),
IS ORFAT VABTETT OF y,
' - v
MATEPULAND DESiaW;
; " " i ' AtSO t
PABIS STYLE CLOAKS,
UlR OWN MAUCFACItJUEJ
IN GREAT ' ABUNDANCE.
NEW CLOAKING CLOTHS
IN GREAT YABIETY.
AUO ' ' . ,
8TJPEBI0E BLACK SILKS FOR DRESSES, ETC.,
moil THE BIST MANUFACTURERS
.... -, .,,.,
AND CUT IN AISY LENGTH.
J. W. PROCTOR fit CO.,
l'onimrp go. 920 CHESKUI St.
N O W OPE INT,
FURS OF ALL NATIONS.
RUSSIAN SABLE FURS,
HUDSON BAY SABLE tfURS,
FINB DARK MINK SABLES
ROYAL ERMINE AND CHINCHILLA,
. DARK SIBERIAN SQUIRREL,
' -t PERSIAN LAMB,
, ASTRACAN, ETC. ETC.
For Ladles, Misses, and Children.
J. We PROCTOR & CO..
jo nimrp No. '820 CHESNtTT St.
O L OAKS . AN D F ulxx.
C. LEWISSON,
MANUFACICREH OF
CLOAKS, MANTILLAS, AND FURS,
..No. 14 South SECOND Street,.
. Six Doors bclew Market Street.
Finest Assortment of Cloaks in the City,
AH of Sew Styles and the Best Workmanship.
Tbe Largest Stock of Far in the City,
All of my own Manufacture.
Ladles do not bny j our Cloaks or Furs until yau bavs
examined my stock
O. I.13WI8SON, -I
So. It South SECOND Street,
f 28 Iuaw8m Six doors below Market, Philadelphia.
DYEING, SCOURING,- ETC.
DB A. S . T
OB .
DELAWARE SIDES I
.'- nJt Tlolawara Side!
THE RTATEN ISLAND
Fancy Dyeing Establishment.
BARRETT, NEPHEWS & CO,,
No. 47 North EIGHTH Street, East Bide.
Tbe stand occnpled by ns the pat 8ercn years.
JbO OTb kit OHFICK IN THIS CIITI
With tbe advantages of an experience ot nearly
F1F1Y TEAKS OB bTATDft ISIA.ND, ,
Ard facilities a ranged regardless of expanse, we mar
justly claim to be, as we Intend to remain, ,
THE MODEL DYEING AND SCOURLNQ ESTA
BLISHMENT OF AMERICA !
ladles I)reses. Hb.wls. Cloaks, etc., Dyed sncoeas,
ful y. All siyles ot L.UKs' ixesses oleaued without
being ripped.
GENTLFMEA'S OABMENT8,
Coats, Cvercoatanvcaie.iyei or cleaned
BARRETT, NEPHEWS ft CO.,
So. it Korth EIGHTH Street, East Side.
, Kos. Sand 7 JOHN Street, New York.
. Ho. 7 18 BROADWAY, Kew York.
J.o. Stow FUL'IOJS' Street. Brooklyn.
10 3 Imrp
JMFORTANT TO
SHIPPERS.
GREAT SOUTHERN FAST FREIGHT LINE.
ONLY ALL-RAIL ROUTE BRTWREN
PHILADELPHIA AND THE ' SOUTH.'
Ibe Orange and Alexandria Balroad, baring com
pleted Through Freight Arrangements with the folia
dclpbla, Wilmington aud BaJtlmore and Balt'more and
Oblo Ballroads and lis connections In Vuginla, Tennessee,
Georgia, Alabama, aid Mississippi, Is now prepared ta
tranpaort Irelgbt with regularity and despatch to al
accessible points In the Souihwe.-t and Sou a.
A. tbis Is the only All rail Route between Philadel
phia and the South, It commends lUelf atonoe to the
tuvorablo consideration of Hhtppers. Cars will be run
th-ongh Aom Philadelphia to Lynchburg, Vlrnlnla,
wl bout breaking bulk, aud tbe entire arrangements are
such as will secure speedy truntlt and prompt delivery
to all Southern and Southwestern points.
To secure all-rail transportation, Uoods must be
marked " Vli O. and A. B. B.," and sent to the Depot o
tbe 1 hlladelr-hU, Wilmington, and Baltimore Uailroad
liKOAl) and PU1VIG Streets.
For Bates of Freight or other information, apply to
JAMES C. WILSON,
Agent r. and A. R. B ,
Ko. 104 South FIFTH Street,
10 1J lm Two Doois below Cbesnat
HARD RUBUER ARTIFICIAL
I.IMns, A run, Legs, Appliaurea lor i
Deioroiny, eio. eie. l aeae Liuips are i
iranmerreo irom uie tn lorm andntu
aia tbe llgh teat, moat durable oouiiort-l
ab e. perleot. and artlsilo .ubntllutes I
yet invented Tliey are approved and
adooted tir tbe United Htiitea Uovrrii.
ment and ourprlnvlpal Hureeons. l'at ni4 Angust 18,
1IMS ; i. a !I8, lrJOo i May 1, lbtitt. AdtrH
KIMUAT.L A C9.,
Xo. 699 ABCH Street, Philadelphia.
I'smphlst free. nui
A
LEXANDEK O. CATTELL 4 c.o.
iliuDiJCK COMMISSION MERCHANTS,
Ko. 28 NORTH WBABYES, .
KO. KOBTHWDATE STREET,
FHlLAUELPiilA. 2
tLEIlNPKB O. CATTKl-t. UJA O. MTKIt
William" b. okant,
" tOMMIt-hlOir MIKCHANT, '
go. MS. WtLAW ABB A vtuue. Fuuadclphla,
AuEur you
Ttaprnt's Onnpowder, Betlncd Nitre, Charcoal, Eta.
W. liaker A t o C boeolate. Crcoa, and brouia.
ctoeier bio.. 4 Cg.'i Teilow Metal bbaatUug, Bolta
andhalla M