t SPIRIT OF THE PRESS. BDITORIAL OPimOWS OF TBI LBADINO JOURNALS PrOR COBBIKT TOPICS COMPILED BVBBT DAT FOB TH1 BVBRWO TBLBOBAFB. Thi Mchtr Exacutlona. Fi om the N. Y. IVibune. In its treatment of the Irish question the British Government has made no blander more serious within the present generation than in hanging the three Fenians Allen, ' Larkin, and Gould. These men had under taken to rescue some of their comrades from the hands of the police. In the struggle one Of the officers was shot. The crime wa3 clearly brought home to Allen, and there was strong presumption of the guilty complicity of the others, though the proof, so far as it bore upon them, was not direct. In the eye of the law the deed of course was murder. We grant that it ought to be so regarded, though we may question what degree of moral criminality attached to these unfortunate follows, who acted in all probability from an honest albeit unreasoning patriotism, and had no feeling of animosity towards the man they killed, no desire even to take his life. We grant that the jury had no pretext to find any verdict but one of guilty, and the judge no power to impose any other sentence than the one which has been carried out. 13ut punish ments are juBt and wise not so far as they are proportioned to the offense, but so far as they are salutary to the public, ' The penalties iu flioted by human tribunals ought to be not Vindictive but exemplary. Yengeauce is the prerogative of the Almighty; we have to do only with the welfare and protection of society. The opponents of capital punishment condemn it because, however richly it may be deserved, they believe that it invariably does harm to the community. Now? can anybody believe that the effect of the triple execution in Man chester will be other than unmitigated evil ? Can anybody supDose that the peace of the United Kingdom will be more secure, the lives of publio Jofficers safer, the spirit of Ireland more tranquil or more timorous, because the law has avenged itself upon these three poor Wretches T The execution of Allen, and Larkin, and Gould is the most important reinforcement . that Fenianism has yet received. The cause wanted nothiDg so much as a martyr; now it . baa three. The people had very nearly lost confidence in their leaders; they had ceased in a measure to give their earnings for prepos terous campaigns and abortive insurrections; their rebellion was dwindling down into a sort , of guerilla warfare, sustained only by the most .headstrong and desperate of their number. - Now it is ten chances to one if the name is not kindled again. Confidence may not re vive, but enthusiasm will; and enthusiasm with the Irish is the most powerful of im pulses. The Manchester prisoners will in spire their countrymen with a bitterer hos tility towards England by their deaths than they ever could have inspired by their lives. Robert Emmet did more harm to Great Britain by being hanged than he did by his Dublin insurrection. If he had been pardoned,' or simply imprisoned, his countrymen in after years would have remembered him! for his' failure; now they are elevated and inspired by mo memory ui iua Heroism, suppose Smith O'Brien or John Mitchell had been executed after the rebjllion of 1848; their names would " . have been worth more lo the next rising than ' hundreds of armed men. What are their names worth now? If the .sentence of these Man chester Fenians had been commuted to a long imprisonment,, and if then, at some not very distant day, they had been set at liberty by a general amnesty, their power for mischief would have been effectually destroyed, aud a good effect might have been produced upon Irish sentiment. Now Irish rancor has been intensified, and the three men in their graves are more dangerous than ever before. Popular heroes are never so much to be feared as when they have gone to that other world where their frailties are concealed from us, leaving behind them the glamour of patriotic profes sions, and of sufferings endured in the name of their cause. The Bondholder Before Congrats. From the N. Y.-JIerald. . The firBt day of the adjourned session of Copg?ess did not pass over without a move ment being made in "that body in favor of the bondholders, Mr. Edmunds, of Vermont, ".in troduced a joint resolution in the Senate de ? Glaring that the faith and credit of the Govern ment were pledged to redeem the publio debt in coin or its equivalent, that the debt is owing in coin or its equivalent, and that Congress thereby pledged the United States to make payment accordingly. The resolution was read, laid on the table, and ordered to be printed. Mr. Edmunds gave notice that he should call it up at an early day, and said he hoped it would be passed with entire unanimity. Wj notice, too, from our Washington corre spondence of the 24th inst., that the sub ject of national finance was the absorbing one, and that members of both houses of Congress are preparing to discuss it. ' It is evident, also, from the letter of Thaddeus Stevens, endorsing one from John Law, of Indiana, on the ques tion of paying the debt in greenbacks, that the great radical leader of the House is paying particular attention to this subject. Altogether, we may expect to have, early in the session, a Tery full discussion of our national finanoes. Mr. Edmunds fired the first gun in the great fight coming on between the bondholders and the tax-payers about the national debt, and it comes from the bondholding side. There is no difficulty in divining the nature and object of . this hasty action in the Senate. Public opinion in favor of paying the debt, or a large portion Vf.it, iu legal-tenders, has been growing rapidly of late, aud the bondholders are very anxious, evidently, to forestall or head that off by some action lu Congress. It is an effort to get a sort Of snap judgment on the question before the people have acquired clear ideas on it. There is, however, another side Uthis question, aud we think the Senator from Vermont will not carry Lis resolution with that unanimity he professes to anticipate. There is a great deal of ignorance in Congress on the subject, it is true; but as it has been introduced it wil nnw - be well ventilated. SWnft&fZ&fZ urred last spring and winter in Congress and ,. from the current of publ" opiuloS, there 1, : reason to believe the resolution will uiedt with ' Considerable opposition, at least in the House . of Representatives. ISut whatever the result ' may be, the action of this .Congress cannot - Ljud that of future Congress if it ,d tn)J Wiirof the ptoplo to pay thelebt,or a portion of it, in lawful money while that is tU cur rency of the country. 1 Mr. Edmunds assumes too inn eh when he Says "the debt was contracted or incurred, ex cept where specially provi,iet niiiuvist), upon the faith and credit of the l.'nitod states that the same should be paid or redeemed in coin or its equivalent." The contrary is the) oas THE DAILY EVENING TiajCGKArn-rmLADELPIIIA, TUESDAY, NOVEMBER 2G, 18G7. Wherever it was intended to bind the Govern ment to pay the prinoipal in coin, that is ex pressly provided for in the law and mentioned on the bonds. There is a small amount of securities of this kind. The greater part of the debt and we may mention the Five twenties particularly carry no such obliga tion on them. It was not an accident or over sight on the part of Congress, when creating this portion of the debt, in omitting to say in what the bonds should be paid. There was a clear understanding and purpose in not saying they should be paid in coin or its equivalent. It was intended they should be paid in what ever might be the currency or lawful money at the time of payment, whether paper or specie. The chairman of the Committee of Ways and Means aud the leader of the domi nant party in the House, Mr. Stevens, expli citly states this to be so, and he made expla nations to that effect at the time the Five twenty bill was discussed. How can Mr. E 1 mund3 or any one else, in the face of these facts, say that the Government is pledged to pay this portion of the debt in ooin or its equi valent f Thus far, then, as to the law. The bondholders have no legal claim to be paid in coin cr its equivalent. The Government can Buit its convenience and the welfare of the country in raying at maturity or buying up previously the debt in whatever money it chooses to use for that purpose. But the bondholders say they have a just and equitable claim to be paid in coin, what ever the law or face of their bonds may ex press or fail to express. They talk a great deal about the honor of the Government and its credit. We are quite sure the credit of the Government will be preserved bettor by pay ing off the debt as rapidly as possible while the currency is depreciated than by perpe-. tuating it. Should specie payments be forced there would be a poor prospect of liquidating the debt. It would become a perpetual bur den, like the debt of England, and we should be in danger of repudiation. No, the way to preserve the credit of the Government is to pay the debt as rapidly as possible while the cur rency is abundant and depreciated. As to the equity of the case, it is the height of presump tion to talk of that. The claim is usurious and extortionate. These bondholders gave the Government fifty or sixty in paper for their bonds, and now demand a hundred in coin. Where is the equity or Justice in that 1 Justice is not one-sided. Something is due to the people to the overburdened taxpayers as well as to the bondholders. All debtors are paid in lawful currency; the courts of law compel them to receive that, no matter when or in what debts were contracted. Why, then, should there be one rule for the bondholders and another for all the rest of the people f But the Shylock bondholders say, force im mediate specie payments in order that we may be paid in specie cvrrency. That is just what they mean and are aiming at. The people and statesmen say we want to get rid of a portion of the tremendous burden first. If the bonds were paid at their present market value, the holders would get much more than the Gov ernment received for them; still the people would willingly pay that. - They will hardly consent to pay forty or fifty per cent, more if it can be avoided. There ia no disposition to take advantage of the bondholders by inflat ing tb.0 currency beyond measure and bringing down- their bonds to a low figure; but, if we mistake not, there is a growing determination not to force up the bonds by immediate re sumption, and thus to favor a few capitalists at the expense of the rest of the community. The- uouutry win anxjousiy watch the conduct of Congress with regard to this very important matter. . . . i . . . Repudiation In. Dligulae. From the National American. Immediately upon the organization of the Federal Government, the men and mind of the country had a doubtful ' conflict to wage with the mob and its demagogues. The Revolution had left a debt upon the people, as great rela tively to their resources as the debt of the late rebellion is to us and our existing means for meeting it. But it was not only the amount of the debt of Independence, like the amount Of our present burden, which, in Washington's phrase, was "terrible;" but its character or claims were held to be questionable. It had been, contracted at war prices; some of it at continentalnoney prioes, and the certificates ' or evidences bad passed from the hand of the original or "meritorious" holders into those of capitalists, who had purchased them at enor mous rates of discount. Out of these indis putable facts a plausible sophistry was able to build a theory of repudiation fit for popular presentment; just as a popular murder gets itself softened down to justifiable homicide, when the victim is odious aud the slayer is the exponent of popular passion. Nor was legal authority wanting in support of resistance to the odious imposition. No part of the domestio debt had as yet been funded, or assumed by the new government. It had all been in a round of exchange, a sort of lumbering currency, transferred Irom the hands of the necessitous to those who had more means, and faith enough in its ultimate redemption, to offer anything for it, and must the shameful story be told 1 , Thomas Jwfferson, Secretary , of State, gave Washington his official opinion that closes in action were not negotiable under " the common law. For our own protection, and to render Mr. Jefferson the exactest and severest justice wt quote his own words: "By the common law of England the convey ance of a right to a de'at, whereof the party is not in possession, is not only void, but severely punishable under the laws of maintenance aud champerty ;" adding that bills of exchange under the law merchant, and notes and bon is, were the only exceptions to the general rule ; that in all other cases assignments were void ; and that the debts of the soldiers not having been put into either of these forms, were void. -The exact point at issue is worth stating, for we are threatened now with a rehearsal of this great controversy. The soldier, said the repudiators, who has shod his blood aud risked his life, and the victualler who has cre dited the sustenance of the army to Congreas and to the States, have a inerty in their claims which the broker of their certificates cannot claim; and the nation was almost bullied, into; the repudiation of all domestio debt which was not still in the hands of the first holders. . f , Hamilton insisted that "to vary the rsksJof parties; to supersede the contracts between them; to take away a right to a specific thing, are not less violations of property than direct" confiscation." His whole argument weut broadside through Jefferson's cabinet opinion, and it triumphed. ' Even Jefferson himself , at'tei wards assented to the fuuding of the en tire debt of the country at contract prices, iu 'whatsoever bauds, and irrespective of all the pretended equities against even the most ob noxious classes of it; and yet Hamilton, to the day oi his dath, never got rid of tlm Offense f-hinst the prejudices of the populace, excited i,y lh biiccc-m with which he vindicated the Wylit, and' resultingly the true permanent interests of the natioa. Are we to have this chapter of our history over again f aud shall .wiind;neutuough,.aud they great enough, for a similar sacrifice in the hour of trial f Will there be Romebody, whom this people must hear, to tell them as Hamilton told their fathers, "That besides the motives of political expediency, there are arguments that rest on the immutable principles of moral obligation; and in proportion as the mind is disposed to contemplate, in the order of Providence, an ultimate connection between publio virtue and publio happiness, will be its repugnance to a violation of those principles." We have now an enormous debt, aud op pressive taxes to provide for its internet aud for current government expenses. The evi dences of this debt must, in the nature of thing, work their way into the hands of those who have capital to invest at interest. They were bought for greenbacks at greater or less rates of depreciation, but the least very con siderable; these bonds must rise to the par of gold if their credit and value are not im peached, and then we shall have some men who do not kuow any better, and not a few who intend the worst, to raise the cry either of payment in a dt-preoiated currency, a forced reduction of the rate of interest, or total repu diation, for peace has dangers as great as war. A national debt is not a national bless ing, but it need not be a national curse. The vigorous endurance of a burden strengthens the bearer; the dishonorable abandonment of a duty paralyzes the recreant. There is no burden so heavy as a nation's shame, and no abuse of reason so shabby and disgraceful as an attempt to justify it to employ law and equity in the revolting service of dishonesty. The best that we can wish for the advocates of repudiation, in any form or degree, or under any name, is the submission of Jeffer son; and the worst, that they shall stand with him in tho pillory of history to warn the next generation against the folly and weak ness and political sin that they are commit ting. In the first year of Washington's adminis tration the Government was not able to pay a dollar of its matured debt, or of the accrued and accruing interest upon any of its obliga tions; but it 3 god-fathers, who stood sponsors for the. political instruction of the infant nation, boldly undertook for it that it would maintain the faith pledged in its name, and from that day it grew in grace and favor with God and man. "We have them for an en-sample." Vbe MncliUr Execution Rights of American viuzeue Auroaa. From the N. Y. Timet. The hanging of Allen, Larkin, and Gould in Manchester, on Saturday, has given three martyrs, to the Fenian cause. Their blood, we are already told, "cries aloud for ven geance." Whatever degree of justice may be in that cry, no one can deny its sincerity, its tarnestness, or its probable force. Thousands on both sides of the Atlantio believe that the dead had not" a fair trial; and this conviction prevails widely even among those who have always condemned the Fenian movement. A large portion of the Liberal party in Great Britain demanded a mitigation of the punish ment; and the feeling which they expressed in this matter will, no doubt, be shared by very nearly the whole population of this coun try. Looking at the black record of Ireland's wrongs for centuries, we cannot but join with the Rvform League of Manchester in avowing a certain sympathy with, and commiseration for, those who have been goaded into violence by the accumulated crimes of the British Gov ernment. ' But sympathy with suffering Ireland is per ftctly consistent with the hatred of the crimes of a few thoughtless, misguided Irishmen. Rescuing two prisoners and shooting a police man dead in the streets of Manchester had no direct bearing upon the success of their cause. It was, indeed, a peculiarly Irish method of obtaining redress for national grievances. It was an "advance backwards," for it has alien ated the feelings of a considerable number of the most influential members of the Liberal party in England and Scotland. This aliena tion, however, will only be temporary, while the deep impressioij produced by the execu tion may compel an early settlement in some way of the two great grievances of Ireland . the Church establishment and the landlord oppression. - ' The attacks made npon Secretary Seward and our representative in England, for their alleged neglect of duty in the case of Irish American citizens abroad, hardly deserve seri ous notice. It is a great pleasure to some politicians to rant a little about the wrongs of the Green Isle, and it would be cruel to deny these gentlemen their staple luxury. Throw ing aside the personalities in which they in dulge, we may consider the main question raised by the recent Fenian trials in Great Britain, so far as we are concerned. We must regard the executions in Manchester as Ameri can citizens, and not as Irishmen. It is only as American citizens that the Fenians in Great Britain claim the attention and care of our Government. We cannot consistently do more for Irishmen abroad than for Germans or Frenchmen or Italians abroad, or for native-born citizens in like circumstances. Neither can we consis tently demand foraay of our citizens in foreign countries any rights or privileges which we do not concede to foreigners here. : Instead; then, of passing a resolution of censure npon our Foreign Secretary or impeaching Mr. Adams, or doing other foolish things, Congress would serve the country much better by ordering an investigation into the laws of nations upon the subject of expatriations. At present our Irish born and Irish vote-hunting politicians eeem to entertain somewhat con fused notions regarding the rights and duties of American citizens in foreign countries. While, however, there is no reason for doubting the vigilance or fidelity of Mr. Seward and Mr. Adams in their efforts to protect Ame rican citizens in Great Britain, we mustcoufess that her Majesty's Government seem not to have estimated sufficiently the effect which the rigorous trial and punishment of adopted citi zens of this country would produce upon: public opinion here.. Even the slightest ap pearance of harshness, should be avoided in the interest of both countries. We do not say that actual injustice . has been perpetrated in' any case, but the impression nevertheless' pre vails on this side of the Atlantio that more consideration should have been shown to the pleas urged by the Irish-American prisoners in regard to the composition of the juries by Whom they were tried. Complications grow ing out of -circumstances of this kind are not .to be- -disregarded with safety. This country will never become the apologist of murderers,' or of,crinie of auy Eort, committed by its citi zens abroad. ' Hut it will insist that those who are tntitled to its protection shall obtain what ever advantage they 'have a right to claim under the law, without reference to the fears or the vindictiveiiess of a foreign power. Debt aud Vexation The Policy. Con ' green.' From the N. X. Times. The Convention of manufacturers, to be held next mouth at Cleveland, promises to be a departure from the ordinary efforts of or ganized classes. Usually, these gatherings have been a prelude to demands on Congress for seme special form of proteotion. This time, apparently, the aim is to obtain relief by a reduction instead of an increase of taxa tion. Not the tariff but the internal revenue system is the object of attention; the manu facturers wisely holding that the depression and distress of which they complain prooeed more from the ruinous nature and amount of taxes levied upon industry and enterprise, than from "defects in the scale of customs' duties. Their general view therefore har monizes with the generaF interest; and though we must recognize selfishness as the impelling motive of the movement, at least we 'may avail ourselves of it as a valuable auxiliary in the work of fiscal reform. For the men embarked in it apeak from experience. Their state ments as to the exhausting effect of the bur dens imposed are verified by the condition to which nearly all forms of industry have been brought. And the succor they pray for will commend itself to the people by its immediate bearing upon their pockets. As a broad principle, perhaps, it is not too much to insist that in existing circumstances the amount of taxes levied should be regulated solely by the current wants of the Govern ment, without reference to plans for the re duction of the national debt. The latter pur pose will be in order when the country shall have recovered from the effects of the war when production and commerce shall have regained prosperity, and when the load conse quent upon au inflated currency shall have been lifted off the shoulders of the people. Time and judicious statesmanship, and a wise and universal economy, can alone restore the strength and ease whion should precede the application of measures for paying the princi pal of the debt. Meanwhile, these plans are premature, and, being premature, are neither wise nor expedient. The questions which force themselves on every man's attention pertain to the actual, unavoidable necessities of the day not to the discharge of liabilities which will not mature for years to come. Positive wants require all our attention. The struggle to live is severe enough, without adding to it by assuming obligations gratui tously, for the gratification of some financial theorist. If this view is right, the proper measure of taxation is at present the current expenditure of the Government plus the interest on the debt. All taxation imposed for purposes other than these, being unnecessary, should l e abolished. And as it is estimated that the excess of revenue collected under exist ing laws, above the sum needed for these purposes, is not less -than $150,000,000, it follows that Congress, without inconvenience to the Government or damage to the publio credit, may reduce the annual aggregate of taxes to this enormous extent. A vigorous system of retrenchment would render a still larger reduction practicable, and such a sys tem Congress ought to enforce in every de partment. Leaving possible savings out of the account, however, there yet remains the fact ; that on the present basis of revenue and expenditure $1 50, 000, 000 are collected above the positive necessities of the oountry. To this amount, therefore, the tax-payers are en titled to relief. As a result of this large reduction, the Trea sury policy will need essential modification. With the relief to producers and consumers which is involved in the reform must come a temporary stoppage of the debt-paying pro cess. That must be deferred to a more conve nient season, which, however, may be ex pected long in advance oi tne period at which the bulk of the debt will be due. In another respect a change is desirable. Just now we reduce one form of debt with one hand and increase another form of debt with the other. Short-time currency debt is all the time being converted into long-time gold-bearing debt. Notwithstanding, then, the continued system of reducing indebtedness, the interest payable in gold is as constantly increased. There would be no harm in the substitution if green backs "and gold were on a level. But with gold at forty per cent, premium, and with all the chances of epeculation open, the process cer tainly cannot be commended as economical. To convert obligations payable in paper money into obligations payable in gold, may pass under the term of funding, but its profitable ness is past finding out. Its effeot is to in crease the debt. Instead of alio wing the holders of the cur rency debt to convert it into gold bonds at pleasure, to the manifest injury of the tax payers, sound policy would seem to require its redemption with greenbacks when possible, or its renewal with other short currency obli gations when necessary. The proper use of so much of legal-tender currency as the Trea sury may from time to time command is the redemption of currency debt; so obviating the embarrassment incident to contraction while reducing the debt. The natural order of finance is just now reversed. We contract the non-interest bearing debt, while we enlarge the gold-interest bearing debt; which is at once unjust and extravagant. By following the 1 more reasonable course and paying the currency debt as fast as we cau with greenbacks, we should steadily improve the interest account, and at the same time obviate the contraction which, as now conducted, ope rates detrimentally by keeping business inte rests in a state of constant uncertainty. Under the most careful management, the transition from an inflated currency to specie payments will be attended with anxiety and disaster. But these may be lessened by deferring con traction until the legal-tender currency Bhall have fu'iillod its purpose, which is the re demption of the currency obligations of the Government. This accomplished, cautious contraction may be renewed with a safety that will be increased with the natural growth of the country in the intervening period. Whatever policy Congress "may ultimately adopt, let us hope that its action will be pre dicated upon a thorough and intelligent ex amination of the kindred subjects of debt, taxation, and Currency by the financial com mittees of both Houses. Doubtless a great effort will be made to repress individual zeal. We shall have scores of propositions relating to the currency by members ho know nothing of the principles which govern it; and the same will occ.ur in connection with taxation and the debt. From these ill-considered and unauthorized propositions .no thing but mischief can arise. They will confuse and alarm, and moreover will un settle everything. The prudent course will be to" leave the whole to the respective committees, whose responsibilities will be a guarantee of moderation ami intelligence. Their reports will give definite shape to Con gressional discussion, and we trust will lead to comprehensive and mature legislation. In this way we may possibly obtain a policy based on some rational and intelligible prin ciple, substituting the steadiuess of law for the uncertainty of ollicial opinion, and having reference to the position and requirements of the country rather than to the peculiar views of theorists or the claims of exceptional inte rests, i OLD E YE W H I S E I E S. THE LARGEST AND BEST STOCK OF FINE O L D R Y E V H I 8 EC I In tho Land is now Possessed by HENRY S. H Nos. 218 arid 220 WHO OFI'FR Till", RAMI! lO THE TRADE, IN LOTH, ON VKUV ADfANTAUKOl TERMS. Their Stock of Jlye Whiskies, in Bond, through the various months of 1SG5, 'GG, and of this year, up to present date. Liberal contracts made for lota to arrive at Pennsylvania Railroad Depot, Ericsson Li Wharf, or at Bonded Warehouse, as parties may elect. ENGLISH CABPETINGS. iw toons or out own importation just arrivfd. AI.80, A CHOICE SELECTION OF AMERICAN CARPCTINCS OIL CLOTHS, ETC. Enftlleh uggetlnAwtfa- l?f fSi ) four j-erde wldei Mattlngi, "'itOeft Mate. Our entire stock, t1 Vvr foods daily opening, will be offered at LOW TRICES FOR CAS3LYij3r to Removal, in January next, to New Store, now building, No. 1222 CTnut street. REEVE L. KNIGHT & SON, 11.' 14 tb8tu2m NO, 80 CIIKNNVT HTBKET. The Pop In a Congrees. From the iV. Y. World. Every devout reader of the daily telegrams from Europe ought to pray for a portion of that eupeptic spirit which enabled Saint Au gustine to say of the toughest imaginable dogmas, "credo quia alturdum:" "I believe this precisely because it ia absurd." With out some such dispensation of grace it must be very difficult to keep one's patience or one's wits in a continuous perusal of the wild and contradictory stories which the gossips of London and Faris daily generate to load the electric wires withal 'and to perplex the "varsal world." How, for example, is un assisted nature to digest the latest despatches concerning the Fapal question, which assure us that the sucoessor of St. Peter has con sented to go into a European Congresj for the purpose of determining the future relations of the Holy See to Italy on the one baud and to the Catholio world on the other ? It would, no doubt, enormously simplify the Fapal question for the two powers most deeply interested therein, France and Italy, if the Roman Pontiff would consent to submit his claims as a temporal prince to the decision of a Congress of Europe, or even of the Catho lio States "of Europe. For while it is certain that in 'a general European Congress the pre ponderance of votes would be overwhelmingly against any arrangement looking to a perma nent collective guarantee of the temporal power at Rome, it is not less certain that the strictly Catholio powers themselves would find it practically impossible to frame such an arrangement, were they even to agree npon the propriety of making it. Of absolutely Catholic pow ers, indeed, that is of powers which represent populations, either exclusively or so predominatingly Catholio as to authorize tneir uovernment to omit all reference to Pro testant wishes or feelinzs in forminor their policy, there now exist but two in Europe. Of mese iwo, cpain ana rortugal, the former, though ruled just now by a Government heartily disposed to support the extremest pretensions of the Papal See, is virtually jjuwenesH eimer o control European opinion, or take independent action of her own; while it is much more than doubtful whether the Portuguese Government would give its voice in favor of any measure looking to the per petuation of the existing state of thines at Rome. The King of Portugal is himself a yoDurg oi aeciaedly liberal tendencies; his wife, who deservedly exerts a great inlluenoe over mm, is a daughter of the very King of Italy whom the Pope has so consis tently anathematized as a "sub-alpine" spoiler of God's heritage: and the Portu guese people are too profoundly disgusted with the results of clerical supremacy in the uv.jiiuuiiug icaiiuo vi ttjnuu, mj IOOK Willi much toleration upon any project tending to put themselves under a politico-religious re- spousiuimy ior me preservation or the patri mony of St. Peter. Of the powers whioh, though Catholio in name, are forbidden bv their political constitutions and the temper of their inhabitants to commit themselves unre servedly to the support of th temporal Papacy, France would come to a congress on the question determined to throw off a burden which her. 'sovereign cannot possibly carry nnuuuk jujjjoruuug me very existence oi his dynasty; and Austria, bent on proving t& Ger many and Europe her complete emancipation from that thraldom to the Church which has for years hampered her movements, and . the supreme symbol of which, the Concordat of 1&j4, her statesmen and her Parliament are at mis very moment united with her Emperor in preparing to abolish I This condition of things in so-called "Catho lic" Europe is perfectly well known, if not to Pope Pius IX, at least to " Pope. Pius' chief political advisers. To suppose that Cardinal Antonetti has recommended the' Pope in this state of the ease to get himself represented in a Congress, and to submit to the action of that Congress claims whioh the Holy Father is liever weary of asserting to be derived from a power above all earthly thrones and tribunals, is to suppose either that the Pope has sud denly changed his infallible mind as to all the most important features of his position, or that the Cardinal, having resolved to save whatever he can of the Paprcy, ha3 also re solved to chloroform the Pope intc acquies cence. But Pius IX is admitted by his bit terest opponents to .be a person of the most unaccommodating honesty.,, He may be truly described as a fanatio of his own functions. He sincerely and sacredly believes himself to be the appointed Vicar of God npon earth, and as such to be solemnly charged with the duty of protesting where he cannot resist, against all tampering with any of the rights, titles, and privileges of the Holy ee, as these were com mitted to him when, twenty years ago, the dove descended upon the scarlet conclave in the Uniririal, and Mastei-Ferretti became Pius, ninth of the name. TLe "logio of events" has no hold upon Lim. "Accomplished facts" are for him but as the dust and spray of transient human passions breaking idly upon the liter .nal Rrck of Peter. The provinces wrested from his dominion by their inhabitants in 18U0, and annexed, with the consent of Europe, to the Italian realms, ar Btill for I'ius IX the lawful inheritance of the Church, wickedly occupied by a thief and robber.' If Pius I ANN IS & CO. South FRONT Street, comprises all the favorite brands extant, and ruJ goes before a European Congress, it will be claim .back what has been taken from h not to negotiate the terms on which w remains to him can be surrendered most ccf fortably to all parties concerned. The t has been when Popes, thus obstinately hos to the necessary movement of politics, ool ue quietly translated to a Higher sphere, we live in other days; and though it is p enough that the living Pius XI is really main obstacle to-day to some sort of a prai cat settlement oi the rapai question, we hardly imagine that a European Cong would now undertake to sequestrate an manageable Pontiff, or the wiliest and diplomatic of Cardinals himself to harmo j matters with a dose of "succession powdj If, however, in spite of all the antecei probabilities, a kind of European Congres; the Papal . question really is about to be I and a Papal nuncio to take his seat the between the representatives of the exoom nicatedH Kinir Victor and of the disobei Kaiser who has put his concordat into the h oi the Protestant Von lieust. no other r can be looked for from such a gathering (3 me solemn ana omoiai proclamation oi already obvious truth, that no agreement be looked for between Italy and Europe 01 one hand and the Pope as a temporal prj on the other. The registration of this t as the outcome of a grand and general el to disprove it may possibly be of service t canse of European progress, It would at make it easier for the Emporor Napole withdraw, as there are all the reasons i world for believinc: that he wishes and to withdraw, from his own exceptional and perilous position as the protector power which he has repeatedly condel m principle, wmcn nas laugnea ior ivi years at his counsels, and by whiolj has just been brought to the verge senseless and fatal conflict with that naiy wnion ne had done more than any! vo reaeem ana reconstitute. JNext to settlement of the Roman question b assembled wisdom of Eurone. nerhaos th' thing to be hoped for ia the abandoning that question to the drift of things, bj assemoiea wisaom or iiurope. The if and reckless onslaught of Garibaldi upcl Pope, which was in truth rather a rtf tionary attempt upon the Italian mon than an honest attempt to free the Roi has compelled the Emperor Napoleon ii uiKHiwiuuu which lie cannot wnn sail himself and France nrolonar or reDeat assembling of a Congress may release 1 once irom this awkward and disagreeabh tion. But it will be a wonderful dep from the traditions of the Roman Court Pontifical authorities themselves pat their own hands to help the "Eldest the Church" out of a scrape which, ho annoying it may do to himself and to F has great practical advantages for the rulers of Rome. L O O K ! N C -CLA8 OF TUB BKST FBENCII PLATE, . BP aM in fcvery otvio ot rraif ON I1ANI OR MADE TO ORDE . MEW ART GALLER F. DO LA WD & f 1112m2p No. 014ARcUt piTLER, WEAVER & M ANCFAC1 UllEltS OF MANILLA AND TARRED CORDAGE, I ... . TWINES, ETC. No. S3 North WATKR n,t Ko. 22 North DELAWARE Avenue, , raiuiiELruu EOWINII. FlTLKB. ('ON HAD F. . 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