Editorials.

The editor highlights some international issues. U.S. President Andrew Johnson has now seen the groundswell of popular indignation of which he has so unworriedly discoursed since February last. It has not, indeed, been quite of the kind which he predicted; in fact, the popular tide on which he counted so much has overwhelmed him and all his schemes. Whether the Germans of this city deserted the Republican party in considerable numbers at the last election by way of avenging themselves on the authors of the obnoxious excise law, is still, and probably will remain, a matter of dispute for some time to come. The collapse of the Downieville Gold Mining Company affords a fresh illustration of the gullibility of Wall Street, and ought to point a moral for the benefit of unwary capitalists.