The evening telegraph. (Philadelphia [Pa.]) 1864-1918, October 02, 1867, FOURTH EDITION, Image 1

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VOL. VIII-No. 8D.
PHILADELPHIA, WEDNESDAY, OCTOBER 2, 18G7.
DOUBLE SHEETTHREE CENTS.
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LL II II 1 1 A
1 Vl I I A
FIRST EDITION
GENERAL SHERIDAN
The Tobllc Reception In Brooklyn Yes
terday A Welcome from the Mayor,
the Citizens, and the Military
Invitation from Uoy. Fcnton
to Visit the State Capital.
The enthusiasm of tho lojal citizens of the
City of Churches was excited to a considerable
extent yesterday, on the occasion of General
Sheridan's reception by Mayor Doothe and the
veterans of the city. Punctual to the time ap
pointed 2 o'clock P. M. General Sheridan
arrived at the ferry-house at the foot of Mon
tague street. He was met by Mayor Booth the
Instaut he landed from the boat, and escorted
to a carriage which was iu watliog for him.
Ills approach across the river was ninde known
to the many persons located on the Heights by
the cheerinn wbich the passengers on the terry
boat indulged In on the way, aud was commu
nicated to the persons assembled in Montague
and tbe adjoining streets by the brazen throats
of the saluting cannon stationed on tbe private
bridge over the tunnel. The military line was
formed along Montague Etrcet, and extended
from near the ferry to Henry street, the Gene
ral's carriage being assigned a position amongst
the veterans.
On entering the Governor's room the General
was greeted with three hearty and enthusiastic
cheers for "Little Phil. Sheridan." Postmaster
Koberts then introduced him to Mayor Booth in
the following words:
Mr. Mayor: It is my 'pleasure to present to
you a soldier whose name Gils the land, as he
himself, in his own person, fills our idea of an
honest, patriotic American soldier, General
Philip II. Sheridan.
Tbe Mayor responded as follows:
It affords me great pleasure, General, to wel
come you here. I am sorry to say I cannot do
it in the name of tbe constituted authorities of
our city, but I do it in the name oi four hun
dred thousand brave and patriotic people, and
in the name of the remnant ot tbe tbirtv thou
sand men who were lately your companions in
arms, 1 can give you the most heartfelt welcome
to this tbe City ot Churches. I am glad to meet
you to-day. The gathering you see around you,
and that which you have seeu in the streets as
you passed along, is altogether impromptu, and
is nngulded by any ofliclal authority, and yet,
sir, I think it is an evidence to you that your
name is deeply inscribed on the hearts of our
people. We welcome jou, then, I say, to our
city most heartily, and I trust that your further
progress will be one of unalloyed satisfaction
to yon.
Mayor Booth then shook hands with the
Genera), who immediately after stepped upon
tbe platform and made the following reply to
the Mayor:
It is very well known that I am a very poor
hand at maklag speeches, but I must say that I
sincerely thank you aud the citizen of Brooklyn
for this opportunity ot making your acquaint
ance in such a pleasant way. I find here the
same sentiment pervading the people that I
have found everywhere in my travels Irom West
to Eaet, and it has also given me an opportunity
of meeting many of the old soldiers who were
my comrades and who were under my com
mand. Many times they came to my relief when
I was iu tight places, and many times I went to
them when they were in the same condition.
Generals Heintzelman and Forsyth and Colo
nel Forsyth were also introduced.
A mimber of gentlemen and ladies were then
introduced to the General, after wbich he was
escorted to an adjoining chamber by the au
thorities, where refreshments had been pro
vided. As soon as the repast was concluded the Gen
eral was broueht out to the people, who had as
sembled in great numbers in front of the City
Hall. He remained here several minutes, wait
ing for his carriage to come up, during which
time he was several times honored with receiv
ing enthusiastic huzzas of welcome and ap
plause. At length some open carriages arrived,
and the General and his staif rode oil, followed
by the cheers ot" tho people. Y. Herald
yes terday.
GENERAL BIIERIDANTO VISIT ALBANY.
Letter of Invitation from Governor
jFenton Tlia Geueral Accepts for tUe
Oth Instant.
ETA1X OF NXW YORir, 'ExKOt.'TIVB Dxpakticent,
Albany tept. 24, 1867. Lear Ueneial: I rejoice that
you have consented lo visit the city of New York, la
3 our course towards the West. Tine opportunity to
Bee and to welcome you will be to our people an event
ot no common Interest. Karly learning to honor and
be proud of your gallant and heroic leadership in the
Held, we have beeu taught also to honor and be pro
foundly grateful for the skill and wisdom you have
displayed in the discharge of high administrative
trusts. ImtHlana bas been your fluid of triumph no
less than Virginia, and tbe firmness and patriotism
which distinguished your command in the former
cave entitled you to the thanks and admiration of the
teople no less tban your brilliant generalship In the
alter. We honor alike your genius lor war and your
courage tor the right, and we shall esteem It a rare
prlvlluge to extend you personal greeting.
A proule can give no higher evidence of their deter
mination and fitness for Ireedom than by honoring,
with every public and private manifestation of fervent
regard, those who have nobly defended their Im
perilled rights and liberties. Animated by the deepest
- gratitude towards those especially who have led tnem
in their latest and severest struggle for the republic,
they have watched your entire course of unbroken
success with eager futerest, and Id tbe hearty ap
proval of General Grant they find the expression of
their own unqualified commendation.
My purpose, however, In this note wai not to
speuk ol that career which Is so familiar to all, and
bo proudly cbenshed by the American pfeople; but lo
Invite you to the capital of the Htute after you have
concluded your visit In New York. It will greatly
delight the people to have you visit the seat of gov
ernment, where that gratitude which tbey rejoice to
manliest in their own homes can find a greater mea
sure of publics exprtsslon. Not only as tbe capital,
but as (me of the oldest cities ot the land, Albany
has a bltttory full of Interest to every palrlotlo
cl linen.
Here, more than a century sko, a council of ster
ling men suet to deliberate upou the means of secur
ing a mere perfect union of the colonies. The sub
sequent history of the capital and of the people is a
history ot etVorts to advaure the cause ot liberty and
build up one of tbe greatest pillar of the Union a
free and mighty mate.
On behair of the people, and for myself I cordially
invite you to afford us this further opuortunlty of tes
tifying our apurrciatlou or your eminent set vices,
aud earnest); hope you will llud yourself able to
gratlly our wUhes. Very respectfully.
,,,, It. E. FENTOW.
lo Mo jor General Philip H. Buuuipam, United
btatea Army, New York city.
General Sheridan bas returned answer,
through Colonel Farrell, of Governor Fenton's
staff, that he accepu the invitation with great
pleasure. He has appointed tlio tub instant for
the visit to the capital, or alter the reception
ceremonies lu Boston.
General Sheridan's Visit to Columbus.
Cincinnati, Oct. 1. General Sheridan will be
in Columbus on the 16lh lusiant, to attend the
marriage of hiB Adjutant-Genera), Forsy the, with
the daughter of ex-Governor Deulaon.
Tit Hew North German Diet.
Among the members elected to the new North
German Diet are 1 prince of tbe blood (Al
brecht), 3 dukes, 4 princes, 28 counts, 14 barons,
75 lower nobility, 4 ministers, 3 geucrala, bO
country jrentlemen, 64 Government einnlsven,
18 lawyers, 13 municipal oflicers, 4 clergymen,
3 physicians, 6 professors, a bankers, 9 ruer.
hanUBboplteeperf, 1 teacher, au1! 1 uie&aula
OUR NATIONAL FINANCES.
LETTER FROM GENERAL BUTLER.
Te the Editor of the Tribune.
bin A friend has sent me a slip from your
weekly, containing tbe Iribune't reply to my
letter on the subject of national finances.
My high respect for the editor, the paper, and
its readers, prompts me to a rejoinder wbich
may contain a little more clearly the exact state
ment of the question at Issue between us.
My most earnest desire is that tbe Govern
ment shall fully, honestly, aud exactly meet
every one of its obligations, according to the
exact and equitable condition of every contract
it has made with its creditor. I would advo
cate nothing short of this, and justice and good
faith require nothing more.
I asserted that tho 6-20 bonds werapayable as
to their principal in currency, and not In gold.
This the Tribune denies, and insists that they
are payable In pold.
The wholo question is, what was the coutract
between the Government and its creditors ?
Tbe first $r0, 000,000 loan ol August, 1801, was
Issued at 7M0 interest principal and Interest,
payable In gold was so taken and so paid.
When tbe 6-20 loan bill was passed, It established
the inteiest at six per cent., payable in mold,
but said nothing as to the currency In which
tbe principal was to be paid.
When the 6-20 loan was before Congress,
Judge Spaulding of Ohio asked Mr. Stevens,
Chairman of the Committee on Appropriations,
who reported It, if the principal of theso bonds
was payable in gold, as well as the Interest?
To which Mr. Stevens replied, that the principal
was not payable in gold.
At the same session, when tbe first 5-20 loan
bill was pased, the legal-tender act was also
passed, providing for the issue of what are now
known as "greenbacks " It was therein pro
vided, and so printed on the back ol every note,
that it is legal tender for every debt public and
private, except duties on imports and the inte
rest on the public debt. If it was not to be re
ceived for principal of tho public debt, why
except the interest?
Besides, the act made it receivable by the
United States for all its loans, and specially
convertible into 6-20 bonds.
Again, in tbe following Coneress, while a por
tion ot the 6-20 loan was yet untaken, another
10-40 loan was authorized, at 6 per cent, in
terest; both principal and interest of which,
by the terms of the act, were made payable in
gold.
Now, if it was the contract of the Government
that the 6 per ccent 6-2J bonds were, interest
and principal, payable in gold, although directly
the coutrarv was stated on their face, why was
it that the Government offered a 10-40 loan at
6 per cent., interest and principal both payable
in gold ?
In other word, how could the Government
expect tbe 6 per cent, gold-payable aud gold
bearing loan to be taken up, when it had the
6 per cent, gold-payable and gold-bearing loan
still before the country f
You say that the Tribune was "largely, fzea
lously instrumental, at the request of the Gov
ernment, through its agents, iu persuading the
people to let the Government have their money
for these bonds. We assured them, day after
day, that every one would be paid in full in
cofu, principal and Interest."
Now, the 10-40 loan was put upon the mar
ket by Jay Cooke,' as the a;ent of the Treasury,
and if jou will consult the flips of tbe Tribune
containing: the advertisement of that loan, you
will find that Jay Cooke advertised the 10-40
loan as the only loan of the Government the
principal and interest of which was payable in
gold.
I have not seen that advertisement In the
Tribune, but it was so advertised; aud I assume
Jay Cooke took advantage of so valuable a me
dium oi advertising as your paper, to make
known that important fact of the desirability of
the 10-40 loan, as he certainly did so advertise
in other paper.
You further say: "General Butler uttered no
word of dissent then," i. e., when the loan wa9
upon the market. True, because there was no
occasion. And still another, and perhaps
equally available answer General Butler at
that time had other public interests in another
branch of the service to contemplate aud try to
serve.
Aeain: You do not deny that this 6-20 loan.
in whatever it is payable, is now due at the
option of the United States. That is, the five
years have passed at the end of which, by their
terms, the United States reserved theri;htto
pay them; and the Governmpnt ha9 the right to
ay tnem lo-aay in wnatever currency tne con
ract calls lor whether gold or paper.
It these bonds are payable in gold, why are
thev selling at from 108 to 112 in currency when
gold is worth 143 to 145?
li me u in tea mates snouia now cnoose to ex
ercise its right to pay them 'which would seem
to be wise, as they are untaxable, so that their
interest is, in fact, Irom one to three per ceul.
higher than six per cent, to tbe holder) in that
case whv should the Government be called upon
to pay them in gold or its equivalent in cur
rency, say 143, when anybody else can buy them
at 112?
Whv should the tax-navers be called unon to
pay the holder from 30 to 40 percent, more in
order to redeem these bonds than, as they now
nave tne rignt to ao, me capitalist is now win
ing to sell them for to anybody else?
Assuming that no man can doubt, in view of
tbe legislation ot Congress, and the words of
tbe contract, that these bonds are payable in
currency, my next proposition is That the
United States shall issue a new loan upon such
terms as sound nnunce shall snow to be most
advantageous, and with the proceeds pay its
6-20 creditors, and thus reduce the rate of in
terest, while at the same time it keeps exact
faith in its contracts.
I am unable to eee that this is "a dodge," or
"repudiation," "which is a longer synomym for
rascality," or anything "irreconciliable with
common honesty.' "These be hard words, my
masters." As 1 do not think.they add anything
to the strength of the Tribune's argument upou
a legal question rclatlug to finance, I certainly
can neither reply to nor return them.
I only propose to reply to the speclQc argu
ment of the Tribune, and, therefore, retrain
from discuHslng any of the collateral branches
of this subject.
May I ask as the question is one of great mo
ment to the country you In justice aud fairness
to give this letter the same conspicuous inser
tion in the duily. weekly, scml-eekly Tribune
which you gave the attack ?
"Common honesty" would seem to require
this. Very truly yours, B. F. Butler.
Reply of Mr. Greeley to General Butler
on Fluanci,
We print herewith a letter from General Ben-
Iamin K. Butler explaining; and jualifying his
ate utterances which recommend the payment
of our national debt in national paper. We beg
tbe reader to note that General Butler is a volun
teer in this controversy. Ills views were elicited
by no requirements Irom us, nor (we believe)
from any one. He must have known, before be
gave them utterance, that they were such as we
aud many (we think most) loyal Americans
deem dishonest and repudiating. Lot us briefly
bIiow wfav I1
I. Tbe United 6tates, when their national
existence was 1n peril from a formidable rebel
lion, imperatively needed money immense
sums ot it sums which could be raised by
borrowing alone. So they commenced borrow
ing, aud were compelled to borrow more and
more for years, until their national debt
reached the enormous acgregate of over two
thousand seven hundred and titty millions,
w hereof two hundred and nfty millions have
since been paid off, leaving about twentj-flve
hundred millions still due.
Hi lathe dtuk days of our gigoatic struggle,
It was dernird necessary to suRpend specie pay
ment and make the nation's promises to nay a
1 sal tender for their face In other words, to
dVcree a universal forced loan, which was
swelled at length to nearly one thousand mil
lions of dollar. Except lor certain payments
to tbe Government, this paper was thus made
our general currency.
III. At first, this forced loan was merely a
postponement of actual payment. That is to
say, instead of real cash, the Government gave
its soldiers, contractors, and other creditors, its
promise to pay so soon ai it should be able. It
was a case of qualnicd national bankruptcy, ex
actly as when a debtor anks and receives an ex
ternum ot the t.me of payment from his credi
tors. The Government iseued these paper
dollars, convertible at the will of the holder
into bonds drawing six per cent, interest
in coin. This salutary and righteous sys
tem should never have been changed ; but,
unhappily, it was. Had it been faithfully ad
hered to, the debt would have funded Itself, so
fast and so far as it should be funded, and we
should ere this have returned of course to specie
payments. The change from greenbacks re
deemable at the holder's pleasure, in a Treasury
six per cent, bond, the interest specific illy
payable semi-annually in coin, to a greenback
which simply, nakedly lied being redeemable
nowhere and in nothing was a deplorable
illustration of the growing steepness of the
down-hill road.
IV. The first creenbacks were fundable at the
holiler's option iu a specie-paying boud: those
Issued later were fundable whenever the Gov
ernment, victorious over its foes, should be
ready to tund. It was at first Intended to issue
a moderate araouut only; but successive de
feats, pressing emergencies, aud imperative ne
cessities, led to further and further issues, uutil
our greenbacks in circulation amounted to four
hundred millions.
V. All this time, the Government was bor
rowing all it could get often to tbe extent of
one hundred millions per month. And we
(among others) were exhorting patriotic and
thrifty citizens to sell their crops, their stocks,
their farms, and invest the proceeds in the
national debt, explainig to them that they
would thus invest their greenbacks, wbich were
at iirst a fraction, but at times very largely,
below specie in value, in securities whereof
both principal and interest were payable iu coin.
Had they not done bo the Union must have per
ished. VI. The Government emitted three kinds of
paper: 1. Greenbacks, for a time not redeemed
in anything; 2. Bonds payable in Legal-tender;
3. Bonds payable in Specie. The interest on
those payable in Legal-tender (7309) was gene
rally higher tban that on bonds payable in
specie (6-208 and 10-40s). And those who took
the 7"30s were urged to do so by tbe fact that
they would have the opt on at maturity of con
verting them into 5-20s, payable in coin. Hun
dreds of millions ol bonds drawing 7 3-10ths per
cent, interest have thus, both be "ore and at
maturity, been converted into 620s, drawing
but 3 per cent. These are among the bonds
which General Butler says the Government may
now justifiably pay off In greenbacks I
VII. It seems clear to our mind that the
Government, iu borrowing money, incurred an
obligation to pay; and that the amount it thus
contracted to pay could not be increased or
diminished at its own pleasure, since that would
be saying that it might pay whatever amount it
should eee fit to pay. He who covenants to pay
ten thousand dollars does not covenant to pay
merely whatever he may choose to consider (or
make) ten thousand dollars, but a definite
amount, and when General Butler proposes that
the Government shall pay ita coin debt in green
backs, and Mr. George H. Pendleton improves on
the suggestion by urging that two thousand
millions more greenbacks be issued, aud a't our
funded debt, whether held at home or abroad,
paid off therein, so that the holders thereof
should thenceforth receive from the Treasury
no interest whatever nothing at all but bare
laced lies, not worth a dime on the dollar It
seems to us that the rascality of tho latter is
more loeical and respectable than Ceueral But
ler's. If we ar8 to perpetrate a gigantic national
villainy, pt it be for something.
VIII. We believe there are on record specific
and unequivocal pledees of the Government
that the principal as well as the interest ot Us
Five twenties should be paid In coin at matu
rity. But this is not material. A man who
incurs an obligation Is morally bound (says
Paley)to discharge that obligation as he sup
posed the creditor to understand him as pro
mising to fulfil it. In other words: If a man
quits your presence understanding you to pro
mise him a hundred bushels of wheat for a cer
tain service, and you are aware that he thus
understands you, and he performs it on the
faith of that understanding, you cannot pay
him a hundred bushels of oats, and thus dis
charge your obligation, although you actually
said oats, not wheat, in making tne offer. Is
not the case in point?
IX. The Government took the mouey of hun
dreds o thousands, faying: "I will pay you six
per rent, interest in coin on the sum so bor
rowed until I refund tbe principal borrowed."
He who fanc'.es that this deb', can be wiped out
by tendering the face of it in depreciated green
backs seems to us deficient In moral sensibility.
It is the Government that debases our currency,
and that Government cannot rightfully take
advantage of its own wrong.
X. 1 1 little was said or thought of tho medium
wherein payment of the principal should be
made on those loans whereof tbe interest is
expressly payable in coin, it was because no one
dreamed that resumption would be postponed
after peace should be restored. We all regarded
sutpeiiMon as a transient, though grave evil, to
to be escaped at the earliest moment. No one
expected it to last bo long as it has already
endured. The necessity and the excuses for it
have long since passed away; yet it is per
sisted in, because too many choose to pay
but sixty to seventy cents where they owe a
hundred.
XI. General Butler asks why, if the Five
twenties are payable in gold, they are now sell
ing for 112 when gold is worth 143 ? We answer,
1. Because they supcrabound; 2. Because our
country imports too many goods, and is heavily
in debt abroad: 3. Because capitalists are timid,
and fear that there may be Butlers enough iu
the land to defraud them of their honest dues.
The tact that a promise of the Uulted States to
pay six per cent, on a given sum per annum iu
gold is worth twenty per cent, less than a pro
mise of Great Britain to pay three per cent, on
a like sum, Is in point. Repudiation is thus
shown to be a losing game. If every Ameri
cen would say, We will pay our
"Public debt to tho uttermost farthing I" we
might soon fund our debt at four per cent. As
it is, we shall long pay fifty millions per annum
in extra Interest because of tbe threat and dread
of virtual repudiation. And that fifty millions
would pav off our entire debt in less than forty
years, we are ior reducing ootu principal and
interest, so far as can honestly be done; and we
object to all dodges tbat savor of repudiation
that they preclude this most desired oonsumtna
tion. XII. General Bntler thinks we are at variance
on a legal question. We thlnk It predomi
nantly a moral question. The reader will iudge
between us. Hqbacb Obbelit.
MIsb Kate Terry, the London actress, who
has just retired from the stage, is a grand
daughter of Terry the aotor, the friend of Sir
Walter Scott, who prided himself on his re
semblance to the great novelist.
Sothern, the actor, in a letter to his friend,
Manager Henderson, urging him to revamp
Lis theatre, wrote: "A pig-sty, if big enough,
can be converted into a palace. All that is
required is to tarn the pig oat and pat an em
peror in."
SECOND EDITION
EUROPE.
Latest by the Cables and Steamers.
EFFECT OF THE DEATH OF SIR
F. BKUCE.
The Governor Eyre Controversy.
TI1E COMMERCIAL NEWS OF TO-DAY.
Cts., Ktc, Etc., Etc., Kte.
By Atlantic Telegraph.
Cadiz, Oct. 1 Evening. The barque Aris
tides, Captain Brumcrhoff, from New Ifork
August 52d, for this port, arrived here leaky.
Damage not ascertained.
London, Oct. 1 Evening. Consols for
money, 94 6-16. No advices have been received
yet from New York, and American securities
are quoted at: United 8tates Five-twenties, 724;
Illlnois,77i; Erie Railroad, 42; Atlantic and Great
Western Railroad, 23.
Fbankfobt, Oct. 1 Evening. United States
bonds, 75 7-18.
Liverpool, Oct. 1 Evening. Cotton closed
steady. The sales reached 12,080 bale-. No
change in prices.
Manchestbb, Oct. 1 Evening. The market
for goods and yarns is steady and favorable.
Liverpool, Oct. 1 Evening. Breadstufls
firm. Wheat, 14s. Cd. for California white; and
13s. 9d. for red Milwaukee.
London, Oct. 1 Evening. Sugar firm at 25.
for No. 12 Dutch standard.
Foreign News by Steamer.
New Tore, Oct. 2. The steamer Scotia has
arrived with Furopean dates of the 22d ult.
The London Times says that the death of Sir
Frederick Bruce is an especial misfortune at a
time when negotiations of the utmost intricacy
and delicacy are pending with a Government
wbioh is not always disposed to approach Great
Britain in a spirit of generosity and forbearance
His post was most onerous and perplexing, and
each occupant finds his labors more exacting
than tbose of ixim prJ(iooi!.or.
The Governor Eyre controversy has assumed
a new phase. Captain Edcnborough, an Ameri
can officer, deposes tbat Gordon entered into
negotiations with him to purchase an armed
ship and munitions of war.
Hon. Jonathan Sturges, A. T. Stewart, Judge
Hilton, Professor Rogers, Bishop Bayley, and
others are passengers from Europe , by the
steamship Scotia.
Tbe naval schoohhip Portsmouth is anchored
off the Battery.
FROM WASHINGTON TO-DAY.
Cabinet llaconstrnctlon The Jeff. Davis
Trial, JUte. Ktc.
SPECIAL DESPATCH TO EVENING TELEGRAPH.
Washington, Oct. 2.
The Irde igencer of this morning says: "We
are Informed that the Secretary of the Interior
has no idea of resigning on account of his
health, which is much improved. It is expected
he will be at his post in a short time. We are
not authorized, however, to say that other cir
cumstances may not prevail to induce him to
seek retirement from his present position. Cer
tainly, if the President should desire to remodel
his Cabinet thoroughly, no impediment should
be interposed by Mr. Browning, who would,
under no circumstances, consent to be an ob
stacle in the way of harmony in the public
council"."
The Intelligencer also states, upon high autho
rity, that the Government has not only not
taken any action in the matter of the trial of
Jeff Davis, aud contemplates none, but tbat
neither the President nor the Attorney-General
has been consulted upon the subject by either
Judge Underwood nor Mr. Chanler. In other
words, the whole story telegraphed from here is
a labtication throughout.
FROM BALTIMORE TO-DAY.
Sentence of a Whisky Defaulter Inte
resting Political News, ICtc.
SPECIAL DESPATCH TO EVENING TELEQBVPH.
Baltimore, Oct. 2. From the complexion of
tbe delegates elected yesterday, there Is no doubt
that John W. Davis, a graduate of Fort Warren,
will be nominated for Sheriff of Baltimore city.
Leo Knott will be State's Attorney. He is an
uncompromising Democrat. The old conserva
tives who left theJUnion party, and have been
swallowed by them and then vomited out by the
Democracy, are growling awfully and threaten
vengeance,
Theie is a rapidly growing determination
among the Union men and Cnion soldiers who
belong to Governor Swann's militia to repudiate
the whole thing, and, if necessary, revolt rather
than be led or driven to support the nefarious
schemes of politicians to elevate secessionists,
Democrats, and relumed Rebels to office over
loyal men.
In the United States District Court, this morn
ing, Judge Giles sentenced John P. Kendall, of
Kent county, Maryland, to one week's impri
sonment and four thousand and Ave dollars fine
for manufacturing whisky without a license.
The Republicans hold ward meetings to-night
to choose delegates to the Judiciary Convention,
and make other nominations.
At the Democratic delegate elections yester
day, men were drunk and. fighting all over the
city. It was worse than in the days of Plugugly.
From the Second Military District.
Charleston, Oct. 2. Major-General Canby
has leeued an order forbidding the Provost
Courts from exercising jurisdiction in any case
involving the title of land, or In any civil cause
where the issue exceeds 1300. He has alee sig
nified bis intention of modifying General Sickles
order closing the bar-rooms throughout the
Second District.
Latest from New York.
Special to Tbr Kvr.NiN-n TBi.KOBArH by Hasson's
InUepenOaut News Aftenry.J
New York, Oct. 2. General Slocum, whose
tame has been used in connection with the
successor to the vacant Collcctorshlp of Brook
lyn, denies that he is a candidate, ne would
not accept the position were it offered him.
Colonel Eagan is endeavoring to secure the
position rendered vacant by the removal o'
Colonel Mossmoro in the Revenue Department.
There is no probability that ho would be con
firmed by the Senate were he nominated. It is
(aid that his war record is not the best, and the
Senate refused to con Arm his nomination as
Brigadier-General of Volunteers.
A large quantity of whlnky, en route from tho
Hadson river depot to a storehouse, was seized
to day by Revenue officers.
A descent was made upon a gambling house,
between Broadway and Nassau street, on Ann
street, last night. A largo quantity of gambling
material was seized. The proprietor and three
other persons were arrested.
New York Politics. - 1
ipoctal to The Evknino Telkorai'R by Iloason's
Independent Mews Agency, J
Albany, n. Y., Oct. 2. A large number of
delegates to the Democratic State Convention
lor the nomination of State officers have already
arrived, and lobbying for tho State has begun
with considerable feeling. There promises to
bealively time in making the nominations, but
who will be the successful candidates for the
State it is impossible at this hour to tell.
markets by Telegraph
Special to Evbnino Tki.bobapii by Hssaon's Inde
pendent Mews Agencjr.l
Nbw York, Oct. 2. Flour firm. Southern, IWSS
12-2S; extra blate, IO'l.VaioUO. Wheat Spring 11 rrn;
winter 6o. better. Corn Mixed, f 1-32. Osta, 72fa7Sc
Barley. r4u(q,l'M. Rye, r641-55. Forlt, ti4. ard,
M 5, (0.1 5c Bacon and Bulk Mean nominal. Tallow,
lliU.c. Whisky, 35(980. in bond. Cotton, 22c.
liy tbe Associated Press.
Nkw York, Oct. 1. Htocks steady. Cbtcaso and
Rock Island, io27; Headline, itiiyi; Canton Company,
4i ': Krle, Cn; Cleveland and Toledo. IWi; Cleveland
and riltBUurK. 79?.: Pittsburg and Fort Wayne,
luov. Michigan Central, lf; do. boutliero, 81',: New
York Central, 1U5,1,: Illinois Central, ris; Curuoerland
preferred. 80: Virginia sixes, 48: Mlwourl (Sixes,
Hudson River. 128; United States Five-twenties, lstti,
113; do. 1864, lot do. i8, lou'ii Ten-forUee, WHi
Beven-iblrilt, 106K- Money, 7 per cent, tsierlmg
Exchange, 1QK.
Extensive Conflagration lu Sedgwick
Street, Brooklyn Loss about 900,000.
About 9 o'clock last evening the alarm of fire
was given for tbe Second district. The firemen
turned out with promptitude, and soon the main
streets ot the city were crowded with apparatus,
drawn by a noisy, jelling crowd of firemen and
runners. There was not much difficulty expe
rienced in designating the route, even by the
most distant compauies from the scene ot the
conflagration. The lurid flames which shot
upwards across the dark skylit the surrounding
neighborhood, and nave rise to speculations
amon? distant residents of tbe city that a most
disastroBs conflagration was then in progrens.
The sceue of the tire was in Sedgwick street,
near Columbia, South Brooklyn, a thickly popu
lated neignbornood. The flames were first dis
covered by the residents of the place indicated
issuing irom the upper story of the two-story
brick building owned by Henry Sherman &
Brother, and known as Sherman's sawmills.
On the premises a large quantity of lumber was
piled up, aud tbe entire surroundings were of
such a nature as to lnvlt i the attention of the
devouring element. The high wind which
prevailed made tne danger imminent to the
surrounding dwellings and tenement-bouses,
and large quantities of furniture and bedding
were removed from houses in the vicinity.
The sparks flew in all directions, and but for
the energetic action of the numerous firemen
the damage would doubtless have been very
great. Tbe mill, machinery, and lumber were
entirely destroyed. The damage Is estimated at
$60,000. The property was fully insured in some
of the principal insurance companies of New
York and Brooklyn. A house, adjoining the
mill, occupied by Mr. Smart, was considerably
damaged by fire and water. The occupant suf
fered a slight loss in furniture. One man was
slightly Injured, being overcome by the heat. A
squadof police of the Forty-third precinct, under
Sereeant Lawlor, were on the ground and were
efliciont in guarding property and preserving
order. Inspector Folk was also at tbe scene of
the conflagration. Jf. Y. Herald.
II A YTIEN NEWS.
Salnave Btlll In Hot Water No Funds
No Vrade-Plsnty of Fighting.
Poet in Pbinoe, Sept. 11, via Havana, Oct. 1.
Salnave's position is becoming daily mo:e
dangerous, and the recent insurrections are at
tributed to the machinations of Cabral. Sa
nave is reported to be favoring the schemes ot
Baez at Port an Prince. The Concordat is an
noying tbe Government very much, as the latter
is unable to support tbe clergy.
All commerce is paralyzed; no products what
ever are arriving, and some vessels have been
lying here since June. Currency has fallen to
the rate of forty Ilaytien dollars for one
Spanish.
OHIO POLITICS.
S. S. Cox and VaUaudlgtiam Differing
About tbe Payment of tbo ' National
Debt Tbe Republican Opposition to
Ban Wade In Favor of Scbenck tor tbe
Senate.
Cimctmsati, October 1. 8. S. Cox, of New
York, made a speech at Columbus ye-sterday.
in which he opposed the Democratic proposi
tion to pay off the national debt in greenbacks,
Vallandigham followed with a speech advo
cating tbe proposition.
The Republican opposition to Ben Wade's re
turn to tbe Senate will be concentrated on Gene
ral Scbenck, it is now understood, instead of
Dennison.
Thh rsiKCEss Charlotte. The Prinoess
Charlotte, says the Journal d'Anvers, has for
some days past resumed her painting imple
ments, which she uses with considerable skill.
Bhe has finished a view ot the Park of Ter
vneren. Iler husband appears in it on horse
back, accompanied by some Mexioan gen
tlemen. . .
FINANCE AND COMMERCE.
OmCK OF -TUB EVBMIHS TjCLXORAPB,
Wednesday, Oct. 2, 1M7.
Tbere Is no material change to notice in the
Money Market. Call loans aro offered at 7 per
cent, on Government loans and other first-class
stock securities. Best commercial bills range
at from 7(6'J per cent, per annum. The Stock
Market opeued very dull this morning, but
prices were without any material change. In
Government bonds there was little or nothing
doing. 8'J was bid for 10-40s; 111 for 6s ot
1881: 113 for 'C2 6-20s; 109 for '64 5-20sj and 109J
for '65 5-2Q?. City loans were in lair demand:
the new Issue sold ut lOljfifilOlj, a slight advance :
aud old do, at &8, no change.
llailroad shares were inactive. Pennsylvania
Railroad sold at 62J, no chauge. 125J was bid for
Camden aud Am boy; 62 for Norristown; 60-69
lor Heading; 67 for Mlnehlll; 83 for North
FennsyKtsula: 30 for Elinlra common; 4& for pre
ferred do.; 27, for CatawEsa preferred: 27f for
Philadelphia aud Erie; and 43 for Northern
In City Passenger Railroad shares there was
nothing dolnc 63 was bid for Tenth and
Eleventh; 194 for Thirteenth and Fifteenth; 46
for Chesnut and Walnut: and 12J for Ue&ton
ville.
Bank shares were in good demand for Invest
ment at full prices. Philadelphia sold at 165.
no charge: Mechanics' at 32. no change; and
Consolidation at 45, no change. 241 was bid
for North America: 142 for Farmers' and Me
chanics'; 100 for Northern Liberties: 314 for
Manufacturers'; 70 for City; 70 for Corn Ex
change; and 64 for Union.
Canal shares continue dull. Lehlah Naviga
tion sold at 41(42, closing at the former rate,
a decline of j; 14 was bid for Schuylkill Navi
gation common; 274 for preferred do.; and 14
for Susquehanna Canal.
Quotations of Gold 10 A. M., 143; 11 A. M.,
1431; 12 M., 144; 1 P. M., 113f, an advance
of 4 on the closing price of last evening.
rniLADELPIIU STOCK EXCHANGE SAI.F.S TO-DAY
Ke ported by Dehavea A Bro Mo. 40 H. Third street
yiRHT no Ann.
r-" wiy w, is ew... .ciiil
fioo do. New ioiJ-,
fiiK) do. New....im
f'ixiO AUCountyCoGe. 76k
$iuuuuliye, New.....lon,
1 nh I'lilla Hk. NT,
Mush Ih Nnt!C...b80. 42
ft gli Uech Bk 32
75 ii retina R In. S2'
SO do b&. 62J
0 in Liemva is sik... a
s do.........
4D
41V
41 '2
41Ai
on ao..
10 do..
Si do..
Messrs. De Haven A Brother, Ho. 40 South
Third street, report the following rates of ex
change to-dav at 1 P. M.: U. 8. 6s of 1881, 1101
1U: do. 1862, H2i(fiU3J; do., 1864, 108
109; do., 1865, 109j(10iiJ; do., 1865, new, 107 m
107i: do.,. 1867, new, 107j5il07J; do. 5s, 10-40s,
i)9J99J; do. 730?, June, 106JS106j; do:,
July, 106106j; Cob pound Interest Notes,
June, 1864, 119-40; do.. July, 1864, 119-40;
do. August. 1864, 119-40; do., October, 1864,
119119i; do., December, 1H64, 1181184; do., '
May, 1865, 117117j; do., August, 1865, 116
11641: do., September, 1865, 115i115; do.
October, 1865. 1161154. Gold, 143i144.
Silver, 137138 J.
Messrs. William Painter & Co., bankers,
No. 36 S. Third street, report the follow- .
lng rates of exchange to-day at 12 o'clock : '
C. 6. 6s, 1881, 110glll; D. S. 5-20s, 1862,
112i113i; do., 1864, 108$(S5109; do., 1865, '
109Ktl09; do. new, 107Jl07i; do. 1867. new,
107IO107S; 6s, 10-40S, 09iW100; U. a. 7-30s, 2d
series, 106i106J; 3d series, 106JO106I; Com
pound Interest Notes, December, 1864, 118118t;
May, 1865, 117gll7; August, 1865, 116116J;
September, 1865, 115i115 ; October, 1865, 115
115. Gold, 143j1444.
Messrs. Jay Cooke & Co. quote Govern
ment secuilties, etc., as follows: TJ. 8. 6s of
1881, 110111; old 6-20S, 1131134; new5-20s, .
18G4, 108J109J; do.. 1865, 109A109; do., JnlyJ
107107; do., 1867, 107j 107 ; 10-40s, 99f '
99t; do., June", I061106J; do., July, 106J10Gf.
Gold, 143j144j.
Philadelphia Trade Report.
Wednesday, Oct. 2. The Flour Market is
moderately active, and prices are well main-
tained. By the borne consumers 2300 barrels '
were taken, at S7'608-25 fov superfine; $89-75
for old stock and fresn ground extra; I1075O
11-75 for Northwestern extra family; lll12-50
for Pennsylvania and Ohio do. do.; and 13H
for fancy, according; to quality. 650 barrels sour
sold on secret terms. 800 barrels spring Wheat
sold for shipment on secret terms. Bye Flour
ranges from 8 25 to $8-60. Nothing doing In
Corn Meal.
The Inquiry for Wheat Is entirely from the
millers, who purchase chiefly of prime lots
Sales of 1000 bushels red at $2-30J?)2 50; amber at .
-502-60; and California at 2-85290. Kye
ranges from 81-65 to 8165 for Western and
choice Pennsylvania. Corn Is In moderate
request, and lower. Hales of 4500 bushole Penn
sylvania and Southern yellow at tl'4&ftl-4U- 800
bushels Western mixed at l iW(l-4y- and 1006
bushels Western white at 81-40(ai-42. Oats sell
at 7080o. No transactions were reported In
either Barley or Malt.
The last sale of No. 1 Queroltron Bark was at
(55 'H ton.
Whisky Nothing doing.
LATEST SHIPPING IHTELLIGEHCe!
For additional Marina Newt tea Third Foot
POKT O PfliLAUjaXfHlA OCTOBEB S.
STATI OV TH IB MOM XT ICR AT TBI nm tit m.
SBAPK OJfyj.CH.
TA. M 5411 A. M..-.........72H p. If 1,.,.,11, 7g
TJo. , CLEARED THIS MORNING.
Barque Trlolty. Harts, Dunkirk, U WeeterKaardAPn
jubu1 ct,arlle Brl,!'t8' tojEfihT.
BLf 'JV Sonnies, Mataosas. Lathbury, Wick-
B! Charles Wesley, Oolson, Boston. L. Audenrted ft
Schr A. Tlrrell, Atwood. Cambrldf e, Day, Huddell A
8cbr I. D. Small, Tloe. Danveraport, do
Bchr Old Zaob, Lynch, Alexandria, Caldwell, Gordon
BclirD, Brit tain. Bprlnger, Boston, Wannemaoher A
Scbr John H. Allen, Beaman, Boston. J a A n a
Kepi'Uer. 1 u. u, o,
Sebr Trade Wind, Corson, Boston, Borda. Keller
JSutllug. '
Scbr J. i. Little. Little, Lynn, Blakititob, OraeS A fin
Hcbr Joeepb Hay, Keen, wareliam, H. H. Powell
Bcbr D. and K. Kelly, Kelly, Boston, Caldwell, Gor
don A CO,
Bohr Franklin, Tlce, Mlllvllle, Wbltall, Tatum Arm
Bcbr Cadi. BaiiRS, Salisbury, Captain. u" wo..
Bl'r Diamond Btate, Kobiiiaon, Baltimore, J. D. Ruoff.
. ARRIVED THIS MORNING.
Brig B. Bmltb. Godfrey, from Genoa Julr s wi.w
marble, rage. etc.. to V. X. B.rtorl. V B'
Brig Cbaxles Wesley, Colson, Irom Boston via
Camden. ' TU
Bohr Julia. Delaney, 0 days from Baltimore, with
mdse. lo captain. , ""i wlla
Bcbr Ruby. Lee, 4 days Irom NewburvDort with
indite, to Knight A Bone. "wuurypori, wun
Bcbr D. and B. Kelly, Kelly, t days from Rondout.
with mdee. to captain. M -nonaoui,
J.bBeJwey4 'c5.,lda7frm de"8- wlu grain to
Bohr W. Townee'nd, Maxon, 1 day from Frederlca.
wltbgralnto J. L. Bewiey fe Co. ... xreaerjca,.
Bohr O. J. Bujltners, ArtU, 1 day from Freder!oa.wIth.
grain to J. L. Bewiey A Co. w
BobrJ W. Hall, Powell, from Boston.
Bcbr J. II. Alien, Beaman, from Boaion
Bcbr J. 3. Little. LIUle, from Lyon.
bchr L. 1). Bmall, Tlce, from Hlngham.
wrtWe'oT'13 buUr8 'rom BtImort,
tiffiWM Nw Tor.
ummTeV,Ct0r'"' Matanra. 20th
SJIg M0mKoel:eCvel k"8' AP""all lith UlU
ph.aya?NtS'Mftru0S,i1rOV,nC)town "l-
BcbJ A?l':,D""kvllf,nM' ' Portland soth nit.
frmnLrprVovuie'DSedr8Srh,,,uHelUr' "
ultimo KUIU U' K nl8ht( beno8 Portland ana
1 "om Boston r F1.U-UI.
J8tb 'r"uk tolUm-ilunon. hence, at Fall River
Jl1 Vsnklrk. from Hlngham for Philadel
phia, at Newport Vuib ult,
ultimo Mttd'ng KK No 41heuc.' Norwloh 30th
Bcbr R. B. Dean, from Taunton for Philadelphia, at
Newport 2tb ult.
Kubr M. II. Reed, Benson, hence, at Cobassett Nar
rows amu ult, .
Bcbr Ceres, Trefethen, Irom Boston for Phlladel
pbla, at Holmes' Hole 2Utb ult .......
Bcbr Theodore Deau, Phillips, hencs, at Dlgbtoo
Bchr'beorgla, from Bangor for Philadelphia, at
Holmes' Hole )th ulu . . Philadelphia.
Bcbr J. Coiuptou. Irom pighton for Phliaaeipnia,
' BbVvTw W Won tor Philadelphia,
B?br'TF KeAimstrong. hence, at Dlghtoa
bM?J o' Henry, from Ly ' Philadelphia, at
Holmes'' Ho' '"
Ton. I arrived, ateaiashtp Henry
eh