(MINN PEACOCK. Editor.
VOLUME %X.---NO. 40
PUBLISHED EVERY EVENING. •
(Sundays excepted) at
TICE NEW BULLE TIN BUILDING,
407 Chestnut Street, Philadelphia.
BY TICE
"Evening Bulletin Association."
TROPILIETOItS.
GIBSON PEACOCK, ERNEST O. WALLACE.
E. L. FESEERSTON, TEOS. JAVILLIAMSON
CARPER. SOCCER, Jr., FRANCIS WELLS.
Th. Bur.ratust fa served to subscribers in the city at
JI cents Per Ina, Payable to the carriers, or .8 00 per
Annum.
•
DIED
BROWN.—Near Jacobstown, N. 3., on the 24th inst.,
Pheba Brown, wife of John Brown, aged 66.
Relatives and friends are invited to attend her
funeral, from her late residence, Seventh day 26th
inst., at 1 o'clock. To proceed to Jacobstown. Carriages
will meet the 8 A. M., train, from Philadelphia, at
Bordentown. •a
CRAMOND.—On Wednesday, the 23d • Inst., Ann
Oramond. daughter of the late William Oramond,
WRILLDI24.—On the 23d inst., of apoplexy. Captain
- Wihnon Whilldin. in the 63d year of his age.
His friends and those of the family, are invited to
attend the funeral services, on Saturday afternoon, at
4 o'clock, precisely, at Old Pine Street Church, Rev.
Dr. Brainerd. . •56.
WERE LANDELL are prepared to supply faun-
AA' Me with Dr Good", at the lowest prices:
LINEN IINOS, - .
NABBErr,T.WR QITLLTS,
TABLE LINENS, DAMASK TOWELS,
HOUSEHOLD DRY GOODS.
CARPETS BEATEN, CLEANED AND RENO
TED BY IiCACHINERY in the cheapest and
most satisfactory manner, at the
PRESTON STEAM LAUNDRY,
ipzeth4taan 1520 South NINTH Street.
CONDOWNS A.I4D YACHT HATS FCIItf,ADIES
SO in great variety,
AT
_ THEO. H. McCALLA'S
Old established Hat and Cap Emporium,
znyle-Ix4 bO4 Chestnut street.
SPEUILL NOTICES.
li - NIGHT LINE OF CARS.
On and after Saturday, May 19th.
Te UNION PASSENGER RAILWAY COMPANY
(Seventh and Ninth Streets.)
WILL MIN A. NIGHT LINE OP CADS ON THE
PALBMOUNT and NAVY YARD BRANCH OF
THEW. ROAD.
GOING DOWN—will leave Depot. First Trip at 11.48.
Second Trip at 12.8, and continue to run at intervals
or 30 minutes through the night, reaching Fifteenth
And Wallace streets 10 minutes; and Seventh and
Chestnut streets. 22 mhlntes after the time of starting.
COMING DP—leave navy Yard, First Trip at 12.40.
Second Trip at 1, reaching Ninth and Chestnut streets
22 minutes, and Ninth and Spring Garden 32 minutes
After the time of starting.
FARE, 10 CENTS.
WM. H. KEMBLE,
. 3 105da.5t rpt SECRETARY.
10bPABDEE SCIENTIFIC COURSE
.LALFAYETTE COLLEGE.
In addition to the general Course or Instruction in
this Department, designed to lay a substantial basis of
lmowledge and scholarly culture. students can pursue
those brancheswhic.h are essentially practical and tech
-Weal, viz.: ENGINEERING, Civil, Topographical and
Mechanical; MINING and METALLIJRGY;ARCHI
TECTURE, and the application of Chemistry to AG
RICULTURE and the ARTS. There is also afforded
armapertunity for special study of TRADE and COM.
CE,of MODERN LANGUAGES and PHILO.
LOGY; andot the HISTORY and INSTITUTIONS of
of our own country. For Circulars apply to President
CATTELL, or to Prof. R. B. YOUNGMAN,
EASTON. PA., April 4, 1866. - Clerk of the faculty,
myS,Smof
ÜbOFFICE OF THE LEHIGH COAL AND
NAVIGATION COMPANY, Pirms.nammts.,
May M. 1266.
'The Board - of 'Managers haie this day declared a
dividend of FIVE - PER CENT, or TWO DOLLARS
.AND.AHALF PER SHARE, on the capital stock of
this Company, payable on demand, clear of National
and State Taxes.
All persons who have not already done so are ear
nestly requested to present at this office their certifi
cates of scrip or receipts for their • subscription to the
new stock issuedin 1165, and receive the certificates of
stock in lieu thereof.
SOLOMON SHEPHERD,
Treasurer.
my24-2tl
VITHE FORTY-SECOND ANNIVERSARY
of the AMERICAN SUNDAY SCHOOL UNION
be held at the Academy of Music, BROAD greet,
am THURSDAY EVENING, the 24th inst., at a quar
ter to eight o'clock.
Hon. Chief Justice CHASE will preside. -
Addresses will be delivered by Rev. B. W. Chidlaw,
Rev, John McCulloch, and others, The singing will be
by a chorus of six. hundred children from oar various
Sabbath Schools. •
Parties who may have tickets, and do not intend
using the same, will confer a favor by returning them
to the Society's Buildings, No. 1122 Chestnut street.
All reserved seats unoccupied at BIS o'clock will be
thrown open to standers. ray2.l,to
iIbPRILADPLPHLA. AND REA.DINO RAU,
ROAD COMPANY. Office 227 South RIDURTH
Street, PIECLADILLPEILA, April 28, 1866,
Notice is hereby given to the Stockholders of this
-Company, that the option of receiving their Dividend
in Stock or Cash, under the resolution of the Board of
11th December, 1865, will cease on and after the list of
31ay,1866,and that such Stockholders as do not demand
their Dividend to be paid to them in Stock on or before
that day, will be thereafter entitled to receive it in
Cash only.
ap2B tojelrpl
B. BRADFORD, Treasurer
WEOFFICE OF THE SCHUYLKILL RIVER
PASSENGER RAILWAY COMPANY,
NTY-SECOND STREET, BELOW SPRUCE,
PHILADELPHIA, May 24, 1866.
The subscribers to the Capital Stock of this Company
will meet for:the purpose of organization, at this Office
OD FRIDAY. June Bth, 1866. at 4 P. M.
By order of the Board of Commissioners.
THOMAS E. CAHLLL,
Secretary.
my24th,B,tti,tieBl
Fre.• OFFICE OF T.H..s, FOBBING BOCK AND
EABT SANDY OIL COMPANY, 619 WALNUT
PBX4ADAMPHIA. May l'2. 1866.
A special meeting of the stockholders will be held at
the office of the Company, WEDNESDAY, the Seth
instant, at 11 o'clock, A. M.
By order of the Directors.
C, S. GELLINGHS,M,
Secretary.
my24,28,2t
CLARK & BIDDLE, 712 CHESTNUT street ,
desires to inform those in need cif Watches, Dia•
anonds, Jewelry or Silverware, that they still offer the
same discount to purchasers, although gold has ad
vanced fully 10 per cent, over the prices at which their
goods are marked. . it/
MAJOR GENERAL G. G. MEADE will be
WB. at the Forty-second anniversary of the AMERI-
C . ONION, at the Academy of Music ibis
ravening.
100 HOWARD HOSPITAL, Nos. 1518 and 1520
Lombard street, Dispensary Department. Me
(teal treatment and medicines furnished gratuitously
to the poor. 8628
'Theatres and Museums Burned in the
Vatted States.
The New York Herald, of yesterday,
gave a list of theatres and museums that
have been destroyed by fire throughout the
United States, beginning with the burning
of the Federal Street Theatre, Boston, Feb
ruary 2, 1798, and ending with the recent
destruction of the New York Academy of
Music. As the Herald professes to be his
torically correct in its list, and as it is well
to correct mistakes and omissions
,as soon
as possible, we would direet their, attention
to several theatrical conflagrations that have
taken place in Philadelphia, and concern
ing , which that journal takes no note.
Ricketts's Circus, at the southwest corner
of Sixth and Chestnut streets, was entirely
destroyed by fire on the 17th of December,
1799; the old theatre in South street, above
Fourth, was burned at a subsequent period,
and Barnum's Mtu3eum, at Seventh and
Chestnut streets, fell a prey to the flames in
December, 1851. These three theatrical fires
have been entirely omitted - by the Herald.
The latter also
_made a mistake -in fixing
the date of the burning of the. Chinese Mu
seum and the National Theatre on the 15th
of July, 1854. The buildings in question
were burned on the sth of July of that year,
FROM MEXICO.
The Empire Going Down Hill---The
New Foreign Legion a Sorry Set
of Fellows--Immense De
cline in Property.
[Cbrrmmndence of the N. Y. Times.]
M - Rx - rco, Thursday, May 10, 1866.—We
are fast going down the Imperial hill. The
day before yesterday we were blessed, or
frightened, or rejoiced, by the plain an
nouncement of-the coming departure of the
French flag. I say French flag, for. as • I
have said before,a French Foreign Legion
is taking the lace of the real French
troops. This Foreign Legion is mostly
composed of all sorts of ragamuffins,picked
up everywhere. There are, however, some
exceptions to this rule. All the officers are
simply French officers. In the Foreign Le
gion the officer ranks as if be was in the
French army. The objection of Mr. Seward
to the importation of Austrian regimentals.
considered here a serious affair, inas
much as it must be intended to bit
indirectly. the French Government. I have
. said it before, nobody here, including the
German population, consider the Austrian
troops as a force of any consequence. Maxi
milian may import thousands of them.
They will not hurt anybody but their own
friends. Most of these fellows come to save
the price of their passage to a new land,
and as soon as they see Uncle Sam's flag
they will, of necessity, take refuge under
its folds. There is great confusion at the
palace. No money, and none in prospect.
Maximilian is reducing his household, and
his good white mules and fine horses are
being quietly exchanged for old broken
down hacks. Those who manage these
things pretend that His Majesty does not
know the difference between a good and a
bad horse.
Property has gone down fifty per cent.
within the last few days. The little capital
that attempted to shine out is drawing in its
horns. Foreigners in general talk of going.
There is hardly one Confederate shining
about our streets now. As to we Ameri
cans of the Yankee persuasion, we expect
that something will turn up. In fact,Uncle
Sam must take hold of Mexico or it falls
ten times as low as before. To be plain, we
need here some strong hand. If it is not the
French flag, we must have the Stars and
Stripes floating over us. We all of us
respect Juarez, but we know that no Mexi
can is capable of protecting and establishing
anything here. The factions are already
creeping up.
MaXimilian, amidst all the turmoil that
is shaking the very foundations of his Em
pire, keeps apparently as cool as a cucum
ber. He is still manufacturing decrees and
writing letters to "My dear Minister."
The French soldiers and officers are re-
Micing. I heard one say the other day to a
exican,"You will never be worth any
thing in this country until you speak, read
and write in English."
The Press is trying to smooth the blow,
and still holds out some glimmering of hope
to the bewildered population. "Something
may turn-up that 3,l.lllllRitithe Fie n h
here," says the Bre Nouvelle. "France,"
says the Estafetle, "will take care that her
citizens and their rights are respected."
Well and good ; ; but I do not see where the
French citizens will find their protection, if
not in a convention made with the United
States. AluxmANo.
•
[From To-day's N. Y. Timm.]
HAVANA, Saturday, May 19 , 1866.—0ur
latest news from Vera Cruz is brought by
the steamer La France, and is up to the oth
inst. •
A letter from Monterey brings direct and
recent intelligence of a military advantage
obtained by . Col. Vander Smissen. The en
emy had collected a force of 400 cavalry at
Marm, distant ten leagues from Monterey.
The Colonel was aware of this, and resolved
to fall suddenly upon his foes. Accordingly
he left the city at nightfall, with 150 men of
the Belgian Legion,and 150 men of Quiro
ga's troopers. For greater security, he left
sentinels to prevent anybody from leaving
the town,so that no secret friend might warn
the Republicans.
At daybreak the Imperialists arrived be
fore Mann without finding advance guard.
The cavalry galloped into the town from one
direction, whilst the infantry charged from
the other. A precipitate flight of the Re
publicans,
pursued by their enemies, soon
resulted, but reinforcements joining the
fugitives, they rallied, and in their turn be
came the assailants. It was all in vain. A
fresh repulse totally broke up the force.
A Queretaro paper informs us that the
guerilla bands which had appeared in some
parts of Guanajuato had nearly all disap
peared, so that traveling was safe as far as
Guadalajara. In the direction of the moun
tains all is quiet, which state of affairs has
allowed the movable rural guard to return
to the above named city.
Letters from Guadalajara do not give such
pacific accounts; on the contrary, new bands
had appeared in various directions. The
Coloraao ridge of mountains served as a
lurking place whence the guerillas ranged
as far as Tala, and the mountains of San
Miguel.
The political_prefect of Guadalajara had
convoked the most wealthy inhabitants for
the purpose of worthily receiving Maxim
ilian in case of a visit.
On the 26th ultimo was inaugurated the
work for the railroad bridge about two
leagues from Orizaba, It is the principal
structure on this line, and one of the most
remarkable railroad bridges in the world.
The mountain ravine ofMetlac is more than
900 feet wide and 375 feet deep. This will be
spanned by the iron bridge above men
tioned.
In Rioverde, near San Luis, the officer in
command of the Republicans, Col. Lieja,
was murdered by one of his oficers. The
report of the pistol caused Lieut. Colonel
Gutierrez to hurry to the room where he
met the same fate. Both the dead bodies
were then left . exposed on the public
square. A general uproar was the
result, and the troops directed their
course to Alaquires. This mutiny is
attributed by some to the desire of the
Colonel to introduce more order among
his men, while others indicate Ammenta,
at San Ciro, as the instigator, because Lieja
would not permit his entrance into Rio
verde.
The news from Vera Cruz relative to Tla
cotalpam,shows that the Republicans had
reappeard along the coast, especially near
Congo and Meadero. Their headquarters
areZat Acayucan, where General Garcia had
imprisoned five Frenchmen in reprisal for
the detaining of his wife at Vera Cruz.
Tamaulipas still continues in an unsettled
state and the trade of Tampico is continually
impeded. •
A letter from Guaymas complains of the
disturbed state of penora, Fesqueira ao,d,
PHILADELPHIA, THURSDAY, MAY 24, 1866.
Morales approach the centre. A project to
attack them was frustrated by Gen. Lang
grerg, who withdrew his troops in order -to
attack the Republicans in the North. The
Imperialists will soon hold only Guaymas.
Their great want is cavalry.
From Morelia we hear that Gen. Mendez
has left. Tacambara for Huetamo. He is
very sick, and his troops suffer much in the
"Tierra Caliente." •
Alvarez had attacked Acapulco, but was
repulsed.
In Sinaloa, Gen. Lozada had returned to
Tepic, thus saving Corona, who, after his
defeat, was hemmed in between the troops
of Lozada and the French,-
Regular is in Paso de las Balsas, where
hiseople suffer greatly from the climate.
The official paper of Campeaohy confirms
the news of the taking of Jonuta by the Re
publicans of Tabasco under Britoil
In Havana the doings of the new political
Governor are exciting criticism. His recent
order forbidding the workmen of the cigar
manufactories, dr,c., to enjoy the intellectual
amusenaitint of reading aloud, strange as : it
may • seem, is highly applauded by the
Diario. Attentions is now directed to the
arrival of General Lepsundi and the policy
which he will pursue. Latta.
M.r. Seward's Auburn Speech.
Mr. Seward appears to be pleasing no
bodyjust now. The New York World thus
discourses of his Auburn speech ;
"The power of impudence, the utter ab
sence of any perception of the value and
beauty of truth, thejaunty ignoring of the
past, the self-adulation, like that of a ven
der of patent pills, themontempt for the in
tellect of men, the conviction that bold,
brazen lying is the strongest element of po
litical success, mark the speech which Mr.
Seward has recently made at Auburn.
Nothing could better portray the decadence
of the political intellect of the United States
than such a speech from such a man. Re
gan and Goneril talking of their honored
and beloved parent; Tahiti ordering a mag
nificent mausoleum, and pronouncing a
funeral eulogy upon the body which her
chariot wheels had just crushed in her hot
drive to share the snatched royalty, would
not show us more monstrous hypocrisies
than the slaver of the Secretary of State
upon a Constitution which he has openly
denied as his master, and a Union which
he did his best to break.
It is not pleasant to write thus of a man
whom New York has honored with her
highest offices, and who is the scribe, at any
rate, of the federal government to foreign
powers. If he would keep still, if he would
be "content to fatten, like a butcher's dog in
the shambles, - while the slaughter of the
brave and good was going on," we would
not say one word; but he will not. He must
attitudinize, he must swell, and he must
sputter; he must pride himself upon results
with which he had no more to do than with
the creation of the world. He must drape
himself with that success the armies earned
through toitoand,blood, and death. The fly
on a hub has no more to do with the motion
of the wheel than he had with the restored
Union which is not restored. A fellow who
had set two bulldogs to fight, by
. hissing
them into fury and dashing one against the
other, might just as well, after the smaller
brute lay panting and torn almost beyond
the power of motion, pat the victor, and say
proudly, "What a glorious fight we made."
For that kind of appreciation of Chris
tianity which insults, and will not fight; for
that prudence which keeps precisely within
the revised statutes, we give the Secretary
credit. He has, too, that snivel. of the
trumpeter in• ~Esop, who pleaded that he
was a non-combatant, and to whom the sol
dier in the same fable replied: "You set
others to fighting, and deserve death twenty
times yourself."
Beside Seward, Stevens and Wilson and
Wade and Phillips and even Greeley seem
men. Despots by nature though they be,
there is strength which all must respect, and
possibly sincerity. "If I must have a mas
ter," said John Randolph, "give me a man
with a sword by his side and spurs on his
heels; not a clerk with a pen on his ear."
**— * *
One word more: We trust that honest Re
publicans despise as heartily as we the tor
tuous cunning by which Mr. Seward strives
to mask and excuse his momentary advo
cacy of the Democratic policy of reconcilia
tion.by dubbing the Democratic party rebel
allies. By such snaky tricks, no sincere
Republican will be deceived; with such an
ally no earnest Democrat would hope to suc
ceed.
SOUTHERN POVERTY.—The Memphis Bul
letin tells the following story as an illustra
tion of Southern poverty:—When the Go
vernment of a Southern State was recently
being re-organized it was deemed important
to send three commissioners to wait upon
the President. Their business was to repre
sent properly the condition of popular senti
ment and at the same time make known
the action of a convention or legislative
body. There was no money in the State
treasury, the Governor and staff were bank
rupt, and Confederate money . could not be
utilized. Two of the commissioners had
ever been conservative old Whigs and op
posed to all radicalism. A happy thought
was suggested. There was a man in town
who had made a million by blockade run
ning and cotton speculations. His partismi
history had given him all possible facilities.
It was proposed that this lucky gentleman, if
he would pay all expenses, should constitute
one of the commission. It was further
stipulated that he should keep away from
the White House, and his mouth shut. The
bargain was closed, signed and sealed, and
Thad Stevens has never learned till this
good day that one of the cleverest but
craziest of secessionists has been an inval
uable agent in paving the way for the resto
ration of a Southern State.
Visrrou.s TO WEST Poarr.—The President
has appointed the following named persons
to be Visitors at the approaching examina
tion at the United States Military Academy
at West Point, commencing on the first
Monday in June:
For the State of Vermont, Rev. John New
man; Rhode Island; Thomas G. Turner, of
Providence; New Jersey, Gen. L. Perine, of
Trenton; Pennsylvania, Wm. F. Johnson,
of Pittsburgh; Delaware, William S. Me..
Caulley, Jr., of Wilmington; Virginia, Hon.
B. J. Barber; Florida, Hen. Wm. Marrion;
Mississippi, Arkansas, Hort. Josiah
Snow; Texas, Major Anson L. Mills, of
Washngton; Missouri,Gen. J.G. Stevenson;
Tennessee, Judge S. J. W. Luckey; Ken
tucky, Judge Embree; Indiana, John L.
Campbell; Illinois, Dr. Joseph M. Ralston,
of Quincy; Wisconsin, John G. McMynn;
Kansas, Colonel John P. Martin, of Atchi
son; Oregon Hon. J. W. Nesmith. The
persons appointed will report themselves to
Brevet Major-General Cullum on their
arrival at West Point.
Tun trustees of the Indiana State Normal
School, at a full meeting, located that insti
tution at Terre Haute, in consideration`
$50,000 cash and $35,000 in real estate, Nsr :11
located, as donations,
OUR 'WHOLE COUNTRY.
THE ENGLISH CRASH.
The stoppage of Sir Morton Pet°,
CIRCULAR OF PETO & BETTS.
The Resources of the• Firm.
Mom the London Daily News, Mayl2.]
It is impossible to describe' the confusion
and excitement which have prevailed to
day in the City of London, and 'which have
never been paralleled within the memory of
business men. Throughout the day the
streets in which the leading banking
houses are situated were so filled with 'an
xious or curious• crowds that locomotion
was almost impossible. Fortunately a
great deal of this excitement seemed to
spend itself in curiosity alone, and only a
few of the establishments which have
lately been chiefly pointed at by the ever
ready finger of distrust experienced any
important draught upon their reserves; ft
is further satisfactory to remark that a con
siderable portion of the notes withdrawn
from some of the banks by timid depositors
or customers was relodged in other and
better accredited institutions, so that the
money will still be utilized.' As regards
such portion as has been absolutely with
drawn with a view to hoarding of course no
thing but a solution of the existing
crisis will bring it back again.
On the part of all the banks, how
ever, both metropolitan and provincial, ex
traordinary efforts were kept up to make
ample provision for every possible contin
gency; it being rightly imagined that a ra
ther general "run" could scarcely fail to re
sult from the stoppage of Overend, Gurney
tic. Co. (limited), combined with the many
other adverse facts of the day. Among these
we have unfortunately to chronicle the
stoppage of the eminent firm—we believe
we may still say the millionaire firm—or
Sir Morton Peto, Betts 4k Co., and of the
English Joint-Stock Bank (limited). The
provision made by so many bankers caused
an immense pressure upon the Bank of
England, which, according to rumor, has
to-day paid away between two and three
millions of the £4,950,325 of notes
that remained in its till, by the re
turns just published. Assuming that
this is so, it will be seen how closely
we are approaching once more to the com
plete exhaustion of the bank's available
note issues. The probability is that the de
mand will continue, especially for account
of country bankers anxious to guard against
contingencies, and it is therefore believed
that, unless the Bank Act of 1844 be at once
relaxed, to-morrow, or, at the latest, Mon
day, will witness an absolute inability on
the part of the Bank of England to discount
a single mercantile bill. As this would be
tantamount to the immediate stoppage of
more than half the banks and mercantile
firms in the Kingdom, it is obvious that the
Act of 1844 is doomed. Throughout the day
great excitement was caused by repeated
rumors that Government had actually con
sented to the relaxation of the law; but
it appears that, though many influential
commercial men have to-day had public
spirit enough to press their recom
mendations personally upon the Chancellor
of the Exchequer, it was not till 6 o'clock
this evening that r a deputation of the London
joint stock Ra tkers had, an interview with
the Minister to urge the necessity of instant
measures of relief. This relief can, of
course, only be given in one way, namely,
by an issue of notes beyond the legal limit.
Mr. Gladstone promised an immediate con
sideration of this momentous matter by
himself and his colleagues, and said that he
would at once confer with the authorities
of the Bank of England on the subject. It
is to be hoped, therefore, that the Govern
ment letter may be looked for to-morrow,
and that no desire to adhere to an obsolete
financial crochet will cause a postponement
of relief until the area of loss, already wide
enough, is further extended, and the list of
mercantile victims unnecessarily length
ened.
This morning the utmost confusion reigned
throughout the Stock Exchange. Public
securities of all descriptions were totally
unsalable, the only exception being, per
haps Consols, and even as regards this stock
it would have been impossible for any
banker, pressed by deniands for deposits.to
have sold any large amount for immediate
cash. This being so. it is obvious that even
the most solvent banks in the metropolis
would have no alternative but to suspend
payment were the existing pressure to con
tinue for a few days longer, and the Bank
Act to be rigidly maintained. In proof of
the utterly disorganized state of even the
market for the En*lish funds, it may be
mentioned that. owing to the extreme pres
sure for money, and the heavy offers for
Console, the price of this stock for money,
including the dividend, was quoted lower
than the price ex dividend for June.
Suspension of Sir Morton Peto.
[Prom the Daily News, May 12.]
The eminent railway contractors Messrs.
Peto dc Betts, have, through the pressure of
the times, been compelled to announce their
suspension. The liabilities are about
£4,000,000, of which £3,800,000 are amply se
cured. with large margins, and the remain
ing 4200;000 represent acceptances and ac
counts-for current supplies. All the works
which the firm contracted for abroad are in
a very forward state, and arrangements will
be made at once for their due completion.
In England nearly all the contracts have
beeri undertaken jointly with other power
ful bontractors, and these works will, there
fore, not be impeded. It is understood that
the house coula have . had plenty of assist
ance this morning for their immediate ne
cessities, but it was foreseen that this would
prove merely a half measure, and it is fairly
considered that no dishonor whatever can
attach to the partners in stopping payment
to a time of terrible pressure like the pre
sent. The circular issued to the creditors is
as follows :
No. 9 GREAT GEORGE STREET, WEST- -
MINSTER, May 11, 1856.—We much regret to
find ourselves under the painful necessity
of allowing our acceptances to be returned,
owing wholly to the disappointment of the
arrangements we had made for their pro
vision, which have been defeated by the
very unexpected turn which has taken place
in the money market within the last few
days. We have considered it to be the most
expedient course in the interest of all par
ties, that for the present we should make no
further payment, and await the sudsidence
of the financial panic now prevailing; but
we are enabled to state, that having sub
itted a statement of our affairs to Mr. J.
L . Coleman so lately as the 23d of last
onth, we then possessed's clear balance of
upward of R.1,(100,000, estimating our various
properties at their then depreciated value.
Our position now is but slightly changed,'
and we have therefore only to solicit for
bearance on the part of those 'who hold oar
engagements, and we trust in a very short
time to submit, through Messrs. Coleman,
Turquand Bc Co., a satisfactory proposal for
the adjustment and discharge of oar liabili
ties.
We remain your very obedient servants,
PETO & BETTS.
Resources of the Firm.
[From the London Star. MAY 1 2.]
The suspension of the great firm of which
Sir Morton Peto is the head, following so
soon upon the fall of Overend, Gurney 46,L
Co.. cannot fail to aggravate and intensify,
the alarm which now reigns paramount
throughout the commercial world. The
conspicuous figure which Sir Morton has
played in the history of modern enterprises
and the vast and world-wide character of the
transactions in which he and his partners
have been and are engaged, both conspire
to invest the calamity upon which it is our
painful duty to comment with an import
ance only second to that which is attached
to the collapse of the great discount house.
The names of Petri and Betts have become
synonymous' with railway enterprise; for
wherever a civilized language's spoken and
English influence has penetrateri,there they
have reared monuments of their energy and
skill as enduring as the Pyramids. But
there is reason to hope that the misfortune
which has overtaken them is not irre
trievable, and that they may yet weather
the storm; although those to whom they
are indebted must for the present exhibit
some amount of patience and generosity.
When such great interests, both of capital
and of labor, are at stake, it would be to
the last degree deplorable if a disaster
which may be mitigated, or perhaps even
reversed,were converted into hopeless ruin.
We understand that several weeks ago
some indications of impending difficulty be
came apparent, and that the firm had their
books examined by Messrs. Turquand,
Coleman & CD., the result being tnat as,
after allowing a wide margin for every pro
bable contingency, the assets exceeded the
liabilities by one million sterling, Sir Mor
ton Pete and his partners were reassured
as to their position. But the events which
have taken place in the intervening period
have materially changed the aspect of their
affairs. Being railway contractors their
capital was represented partly in money
and partly in securities on railway and
other property, the latter being only realiza
ble at their legitimate value when the mar
ket is in a healthy state. In peaceful times
money may always be borrowed on substan
tial securities, but these are not such times,
and in the case of a firm like Sir Morton
Peto's the external aid which is indispensa
ble assumes such a magnitude as to be
practically unattainable. In the face of
panic, and what a panic may lead to, dis
count homes and banks need 'all or the
greater proportion of their capital to meet
prospective demands on their own credit.
With such resources of intellect, of influ
ence, and of estate as Sir Morton possesses,
he might fairly have hoped to ride over the
crisis; but the wild panic which, like a ape
des of madness, has laid hold of the city,
has rendered, for the time being, every kind
of security—even though, like Console, they
are based on the granite rock of the national
credit—unconvertible, and therefore practi
callyvalueless. Everybody being in a state of
apprehension, and not knowing what would
next happen, it is not surprising that for the
exigencies of to-day—which are, after all,
inexorable—Sir Morton Peto's bonds, and
bills, and shares, representing his interest
in undertakings as far apart as Eastern Eu
rope and North America, and in railways,
either wholly or partially constructed, in
the two great hemispheres; should be only
worth the paper on which they are written.
A great contractor can only carry on his en
terprises by means of advances which are
made on the guarantee of bills backed by
collateral securities of a more tangible kind;
and when, owing to a great strain on the
money market, these are not accepted, a
dead-iock is inevitable.
It appears that Sir Morton estimates his
liabilities at four millions, and that of this
amount not less than $3,500,000 is largely, if
not amply secured. His friends yesterday
morning offered to advance him sufficient
money to meet the pressure which threat
ened him with collapse. He resolved, no
doubt wisely, not to tamper with the diffi
culty; or to seek to postpone the evil day,
but to meet it at once. Asking for the for
bearance of his creditors, he proposes to pro
secute, without intermission, both his home
and foreign contracts—a matter of vital con
cern, not only to their interests, but to those
of the forty thousand persons in his employ.
The sudden stoppage of the great works in
which he is engaged would occasion as mach
desolation as usually follows in the track
of an invading army. Such is the state of
this grave business, so far as we understand
it, and as,
in the very nature of things, it
must still further deepen the gloom which
prevails in the monetary world ; we can only
hope that the calamity will not be made
worse than it really is.
ARRIVAL OF MERCER'S FEMALE Min
onenTs.—The steamer Continental arrived
in this port this morning with ninety-four
passengers, most of them women, who came
out here on the representation and under
the care of W. L. Mercer, of Washington
Territory. Immediately upon the steamer
being telegraphed a large number of people
rushed down to the wharves, whether to se
lect wives or to satisfy their curiosity as to
the personal appearance of the fair emi
grants, or for what object is unknown to any
but themselves. put they were doomed to
disappointment, for the ship was attached
to the buoy off Folsom street wharf, several
hundred feet from shore, and no one is al
lowed on board. There was a great flutter
ing of calico on board the ship as she passed
the city front, the observed of all observers,
and probably a responsive fluttering of some
masculine heart on shore, whose owners
have become tired of the forlorn state of
bachelorhood. It is said to be the intention
of the consignees to transfer the passengers
to some other steamer bound northward,
and convey them to Olympia, in Washing
ton Territory, Iheir original place of desti
nation. The passenger list shows a large
number of "Misses," most of whom are
probably not averse to changing their title
and their name.—San Francisco . Bulletin,
April 21.
WAR DEPART/11 - ENT CLERKS.—The Secre
tary of War, in response to a resolution of
the House, communicated lists of clerks in
his own office and the various bureaus at
tached to that Department, from. which it
appears that the total number is about
twelve hundred, of whom six hundred and
eighty-five have served in the Union army.
The Secretary says one person only on duty
in the Department had been in the rebel
army. He was a deserter from the rebel
army, appointed by the special order of the
late President Lincoln, after he had joined
the army, the purpose of detaining him be
ing to save him from the hazard of death,
to which be would be exposed in case of
capture by the enemy.
F. L. FETHMSTON. Palau:T.
DOUBLE SHEET, THREE CENTS.
Facts and Fancies.
The late Mr.' Dailey of New York way
aged 106 when he died. How a man could
live so long, who died Dailey, in not ex
plained.
A case is before a St. Lot& Court invOlv- -
ing the question as to whether a man's wife
is personal property. In the case of a rich
" widder," we suppose a man usually
marries her, purse -an'-all.
There is a story of a Teutonic individual
out West, who threw himself outside of
eighty-seven glasses of beer and two glasses
of whisky in one day. After pe,rforming
the feat he dryly remarked that he " could
have taken a great deal more, but did-, not
feel particularly thirsty that.. day."_ We
believe all that but the "dryly." -
The Earl of Dunmore, who is proprietor
of the Island Harris, has just completed a.
rather novel scheme in dressing out a com
pany, numbering.one hundred, of the most
sturdy and stalwart of the islanders there,
in a somewhat unique costume. His Lord
ship's design is to proceed with the com
pany, of which he is the captain comman
dant, to Balmoral, in order to form a guard
of honor to Her Majesty , when there in
Summer. The costume is probably an
land one, with a Balmoral petticoat.
A Chinese had been sent to the hulks at
Toulon, for a murder committed in the
French possessions in Cochin-China. He
appears not to have had the slightest ides
of the gravity of his position, having looked
on his condemnation and transportation to
Europe as a means of proving his devoted
ness to the religion of Confucius; but he
was painfully surprised on his arrival to
learn that his magnificent tail of hair was
to be cut off. However, he was compelled
to submit, but the shock was too severe for
him. as the moment the scissors cutthrongh
the tuft of hair he fainted, and was obliged
to be conveyed to the hospital. The officials
insisted that he could not wear his cue at
that place because it was Tou-long.
When the Princess Mary marries Prince
Teck, they 'will probably set up a Polly-.
Teck•nic establishment.
The Chestnut—Edwin Adams and Miss
Orton in "Lady of Lyons." Afterpiece—"A
Quiet Family." The Arch—Miss Lucy
Rushton in "Lady of Lyons," supported by
Messrs. Rankin, Mackay, Marlowe,WalliS,
James, Mrs. Thayer, &c. Afterpiece—"The
Laughing Hyena," with Hemple and Mrs.
Henri in the cast. To-morrow Miss Rush
ton's benefit, when she will appear in her
great specialty "The Black Domino" and
the burlesque of "Bombastes Furioso."
The Walnut—Mr. Edwin Booth •in
"Othello," To-morrow Mr. Booth's benefit,
when he will repeat "Richelieu." Assem
bly Building--The Carolina Twins. Con-.
cert Hall—The Holman Opera Troupe.
Assembly Building—Signor Blitz.
THE Mom:km:aim TEsTrzoismsx. at the
.Ap4demy of . Music on the 30th will be a
evild affair, and will be participated . in by
ma* distinguished artists, including Mr.
and Mrs. Mordaunt, Teresa Wood,M.Leon„
the celebrated dancer; Mr. Lew. Simmons,
"The Typographical Dramatis AsSocia
tion," acc. "The Colleen Bawn" and "Bom--
bastes Furioso" are among the pieces to be
played.
CURE FOR HYDROPHOBIA. SOME, time
ago, Mr. Jas. Garth Marshall, of Leeds,
published a cure, or rather preventive of
hydrophobia, which may perhaps be use
fully repeated at the present moment. Mr.
Marshall, having seen in print a French
method of treatment of the disease, wrote
to his family . physician in London, one of
the most eminent members of the faculty,
to inquire whether it was to be relied upon,
and he received a reply, the main portion of
which we subjoin :—"About twenty-five
years ago I was sent to see the present Lord
L—, then a fine healthy lad, who, it was
said, had been licked, notonlyover the lips,
but within the mouth, by a little terrier,
which was found sitting on the sleeping
lad's cheat, and dipping his tongue into his
master's month. Mr. Youatt, the veteri
nary surgeon, at once pronounced the dog
as laboring under hydrophobia, and turning
to me said, 'lf you will come to me in five
days at our dog hospital, we can dissect the
animal.' I did so, and found the dog dead,
and Youatt busy in opening the carcase. I
naturally was shy in touching the animal,
and asked if he was not afraid. 'No,' he
answered; have repeatedly been bitten.'
He, I think, owned to at least eight, and I
believe ten, undoubted introductions of the
virus; and be it remembered, that the
attacks or bites were all on the hands of
these men, so could not be wiped off by an
intervening garment. Youatt then told me
that his remedy was to allow the common
nitrate of silver, easily procurable to filter
into the wound; it decomposes the saliva,
and in doing this destroys the virus. The
above was stated in some blue book about
thirty years ago by Youatt. Brodie and I
acted on it, and made young Lord L—'s
lips, palate and throat as black as that of
his thoroughbred mad;terrier• and he,if you.
ever see him, will tell you ihis tale. The
poison of hydrophobia remains latent on an
average of six weeks; the part heals over,
but there is a simple wound more or less
irritable; it then becomes painful, and the
germ, whatever it is, becomes ripe for
dissemination into the system, and then all
hope is gone. Nevertheless between
_the
time of the bite and the activity of the
wound previous to dissemination; the
caustic of nitrate of silver is a sure preven
tive; after that it is as useless as all other
means. The best mode of application of
nitrate of silver is by introducing it into
the wounds. It melts in an equal quantity
of water. If already healed, the cicatrix
should be rubbed and causticated away en
tirely."—Leeds Times. •
IMPORTANT POST-OFFICE ORDER.—The
Post-office Department has issued orders to
discontinue the delivery of the mails at'an
early day at all offices in South Carolina,
and perhaps in other States, wherethere are
no regularly appointed and commissioned
postmasters. This order, the Governor of
South Carolina says, will subject the press
and the business community to very serious
embarrassment, unless steps are taken to
secure the services at each postoffice of such,
persons as can take the requisite oath as
prescribed by Congress; and he therefore
recommends that some person be selected
at each office who can take the oath and give
the bonds.
TRADE wrrn Pon Rico.--The United
States Consul at San Juari, Porto Rico un
der date of 25th April, 1865, reports :—"The
royal decree of October 19, 1865, shutting to
the general trade of imports of national and
foreign products the ports of A gu adilla,
Arecibo and Naguabo, within.this Consular
District, has been repealed, provipionally;
therefore the said ports will continue to
open as beibre, as ports of entry." The
above decree of Oistober 19th has been al
ready partly repealed by another royal or
der, dated January 27th, as fikr as the po r t
o(.64gUadillo is oorKeniecl,
AMUSEMENTS.