The New York Herald Newspaper, October 20, 1855, Page 2

of the chudes the munitions of war, the hire of trans- | have taken to-day are attributed to the announee- | sicn of the tn India may be referred to a cal cohen be teapot yeah “ays see ey Sew of be veer, Ttimulant to the-ellfus of silver ture is aleo ‘Toe drain op our ere | The advices from Paris this afternoon mention that the that great dency. Perhaps caly sbos + 1,900 os, | sources which is thus going op, Bo connec- France, in addition to the measures adopted yea- capital railway panies + 800 os, Sere wan ae mniteomin dl bute cos eteg terday, have imposed new Vimitations on,the amount of | actually expended on the spot, the outlay for . 200 oz, | exeeptional circumstances, do not come under the influ- | their advances on stecks and shares. Henceforth only | purchase and transport of materials « 72,000 oz. | ence of ordinary reasoning. They must not, therefore, | 60 per cent of their value is to be advanced on Rentes, in- | chiet item of fare. We believe, too, that 2,150 oa, | be considered in a commercial tof view. stead of 70 per cent, while on rallway bonds and abares it ney to be in India ia remitted by 80 04. [From the London Oct. 10.) bs to be 40 per cent, instead of, as heretofore, 00 per cont | N the whole of the local expenditure must 1,240 o2. | We publish an abstract of the revenue for the quarter | on bonds, and 60 per cent on shares. defrayed ip rupees, and the current demand tasty : + 6,200 oz. | and half year eniing September 30. Iv tH atin It is understood that, notwithstanding the plans | thus inevitabiy wereased. These are on! ears, ‘ent, ‘this lacietdiadiand nina i — £3,278 Seieny he payer ecboow par ele adopted ty the Bank ct Sranee fer obralning colt, thelr om iaeraiions which otcths us TR ps pe Stee pointe vere-ox a ence: ipmoenta from shave been | it is considered we are im the ¥0] , which was equal month to 5 come a ready absor! enormoas 1 yreme Court, ” At te the extent of about £50,000. year of @ great and most war. Im the customs ie fallen pote £20,000,000, This anata of thie lean presious metal. The recent par! itary ext coves complaint is this, that this Com- been made, new points were from tite to thee ‘The advices received to- a Seen Pike aes despond- re iv aD 423 on the quarter, have been appre! have attracted bills on | papers have sufficiently to us the importance | mission bas not “ Oy a ‘have been present ag by the Gov nors, with the desire that they logis ante the position and respastot oiaiesin tbetcap- 1,444 on the half year. ineresse haw ‘been | London from other cities, and have thus rendered all | which the poor Hindoo attaches to his petty hoard of sil | amounting to 12, for support of inmates of lunat faded in the abore ok ne ee }, and & panic i as almost inevitable. throughout the year chiefly on eugar and tea, while the | their exchanges less favorable, while, at the same time, | ver, and tenacity with whieb he retains his hold | ssytum, workhouse, » howpital, and for inter- | as these new wore has presented, this Co @vath upon the of France and other institutions is | revenue from spirits, wine and tobacco has diminish- | a degree of dixtrust bas probably been excited, by which | upon his treasure even of bodily tor- | ments in the city cemetery. a sion consented to this alteration, and in. coported to be very severe, requiring most energetic and | ed. The Excise exhibits a decrease of £266,006 for the | the tendency to boarding bas been stimulated. ture by the tax collectors, The influence which isexer-| If sa ne mon (nya Hog frees susabers | last fave thelr consent on the assurance thst eontinuous efforts to arrest, more especially since the rument very unwisely interfered to coerce the Bank of France into ad a measure which the Pc tan ge reel ned fees, and augment both present and future diff- eultien, judicious action reverted to by the roment im the present erisis has been to prevent the bredit Mobilier from creating a further issue of bondy. ‘Phe system upon which the concern has been established is, however, vn! act ag ey babies ‘many and great 8 tna time of pressure. During a period and abundance of money, credit pay be made to take the place of capital, but when the page 3 and the de- mand active, and credit, without capital to support it, be- erm There are, ¥ forts being made to support this establishment it remains to be wen how far they will be suc The fe | capa aera gt nat Rapp fair cum than had Gnticipaied. The dearth of grain, so freel Jedged te by the Moniteur, is now said, on to ee’ greater than the governmest has ad- or is desirous should be generally known. Con- }, @much heavier drain will be experienced for Gir trainer money wil become dearer, do, what government may to keep it down fora time; and ‘the commerce and ramusay ot the country will propor- Mevately suffer. It has said that the severe drain which has been felt, aud Jn yet to be experienced ia thiv country in connection with the state of alfsirs im France, must sooner or later cease; and the gold which is boing withdrawn trom hence Aare aguin. Without entering into this part of the sul ¢ may more serviceable, to remember that there if far more important point for consideration, namely, what will in We meantime be the effect in this country of his very umfa- worable ate ne in France. We cannot but feel the preseure; and that anticipations of the natural order of events are entertained by our most prudent ta fives of the monetary and comme: interests are but tee apparent. Their anticipations have been correct Autherto, and their judgment may, therefore, be relied upon ap to the probabil ities of the future. ‘The state of the money market during the past month iw thus described in the Banker's Magazine and Commer- ial Digest:—'The course of financial affairs during the wonth just concluded has been distinguished by some re- markable changes, which have produced partial alarm in most quarters. A sudden and almost unexampled drain of weaion to the Continent and to the East set in at the close ef Avgurt, and having continued with some severity since, ‘the directors of the Bank have been compelled to make Moree advances in the rate of discount, which from 334, has gone up to 5 per cent. Whether any further applica- tien of the ‘screw’? will be necessary, canoat well be de- termined, because a further alteratien will depend great- Wg spon the state of the corn trade, the foreign ex- ges and the pronpecta of the war. ‘There nze those. hewevér, who consider that.we yet have {0 encoun: ter a ughter money market, particularly if {rsh finan. eia) operations are to be brought torward early next year. ‘The provision hitherto made for the allied services of Bogland and France, although sufficient for current ex- penditure, leaves little margin for future contingencies, and consequently, if even the preliminaries of » peace were to be gov annoupeced, arrangements would have to be effected for settling the outstanding ba- lamee, and adjusting, after our late experience, the ratio ef outlay to maintain a creditable military ard naval ition. The intelligence of the fall of Sebastopol, and retreat of the Russians before the victorious progress ‘ef the forces in the Crimes, fortunately arrived to arrest he deepondency which would have otherwise ensued, had at, in the existing state of , been much longer dle- Yeyed, and it has greatly ri the anxiety of the pub- tie reepecting the ultimate success of the expedition. 1 is almost impossible to say what would have bun the condi- ‘ten of excitement produced, had the late stringency inter- wened while this event remained undecided; for, as it is, there has been some difficulty in restraining a preponderance & that gloom which inoarial ies such & condition @ things. At the latest moment, the demand for accom- modation continues active, and although, at present, we bave been singularly free trom mercantile disasters, it is eearcely to be expected that the trading interests, while paseing through such an ordeal, will escape wholly un weal 5 ‘The Chronicle then has the following:— ‘The French government, it appears, finds it necessary to adopt very prompt measures in order to check the anfavor- able growib irsin Paris. Inaddition to the assistance i has already rendered to the Bank of France and the @redit Mobilier, it has now announced its intentién to grant no more concessions of any kind for the present, and bas prevented the latter institution —— pbliga- tions it had resolved upon getting into circulation. Au ‘this, however, does not suflice for the emergency. We ‘welieve that it is now intended that the capital of the Bank of France shall te doubled, by which it can tstue a Jarger amount of notes, andthat’ it shall not in fudure be compulsory wilh it to pay its cirewlation in gol!. “This isa woeagure of #0 much importance that too much considera- tiem cannot be devoted to the subject. /t amounts ta no- ahing more than this—an attempt to make credit supply the place of money. A more fictitious ant dangerous provess to ‘e@rresta pressure and curtail embarrassment cannot well W amagined. It is an extension to the Bank of France of the policy which called into existence the Crédit Mohilier. Ks immediate nffect, however, is to arrest the panic fee!- img, and avert th is which imperilled the country. For the time the effect produced will be benelicial, but it remains to be seen what will be the final result. The French government, no doubt, anticipates that before the reaction takes place matters will have sighted them- eelves by some es yet univreseen favoravle turn in af- weirs. The government is evidently rsesolved that no panic shall take place if it can by any possibillity be avoided. From the London Chronicle (city article), Oct. 3.) the export of guid con- ¢ demand for soney and The declers in money of every kind and degree tinue. are operating with extreme caution. “The reserve adopt- 4 by the Bank of bes, grr of limiting its pecs mote then to the commercial interest by the discount ot bills not having more than one month to run, is being gene- rally followed. This fact bespeaks a degree of caution which, although ibadds to the provailise, pressure end fightness, has nevertheless a beneficial influence. tb however, the unmistakeable impression that money will Wecome dearer, the demand greater, ond the supply less. Yesterday morning the demand was moderate, and the rates in consequence easy, parties freely lending at 415 per cent; but during the afternoon a great alteration took place. inquiry became very brisk, and the rate went ‘ap to 5 per cent. ‘Some houses did no business whatever t the day at a less rate than 5 per cent, whilst. come jew others did business at the uniform rate of 414 per cent; but the latter were exceptions, and not the rule, the true value of money being five per cent. Bul- ison was taken from the Bank of England both yesterday and today, and further sums have yet to be forwarded to the continent in continuation of previous operations. Thus we again bave an illustration of our former re. marks, that the export will Lig on despite the adverse state of the exchanges for such an operation. The more we investigate this very interesting and most important subject, the grea Ind to adhere to our oo bg convictions. From inquiries instituted both at and abroad, we derive ample facts to confirm our previous im and rupport our expressed views, Aondon, which is the centre of the wealth of the uni- Yeree, has for a length of time been drawing to its«lf ‘the precious metal in both its natural and arti- ficial forms. There ix seercely any part of the in. habitable globe where nd has not some trade conducted by barter of some kind or other; for all trade is but a system of barter. Whilst peace ex. Sets, the varied phases which trade assumes is easily and Feadily regulated, and kept in harmony by the manifold aperations which need not be inquired into—they are sented by the exchanges.” The war has, however, en alicred the aspect of affairs. It has checked trade both at home and abroad, deranged the markets for every con- eeivable commodity represented by produce, manufac: tures and money, and caused an entire change in every- thing. The precious m hich are the trade, are also the sinews of war. (fold, which was lately wanted for productive peaceful pursuits, is now wanted for juctive warlike purposes, Its circulation havin, ‘been restricted, first, by the decline of tr ‘sol, secondly, .by the reserve which ever attends an interrup- tien to the ordinary process of business operations, to keep it im hand, from inducing holders the fear that lest, when once parted with, it woay not quickly return—is now being absorbed in the varions channels which war provides for it employment; and they are all, more or less, of productive character. They country, but impoverish it. Trade produces wealth— ‘war consumes it. Attempts have been, and still are ‘Being made to induce the belief that when the present drain for gh oy this country ceases the gold will re- turn again. This is a very erroneous view of the sub- ject. It is too restricted, and has its origin in confining a consideration of the matter to the mere formal pro- cesses of ordinary trade, But it is nota commercial sub- Ject—it has no direct reference to it whatever, As its origin is free from commercial causes, to its consideration must be conducted free from commercial — The war, it must emphatically be observed, is the couse of the de- rangement in the money markets of Burope. The pres- sure is not limited to Paris and London. It exists at Asmsterdam, ut Hamburg, at Vienna, at St. Petersburg, Be. Al Uy preecet moment the value of money at Ham. tung (which is a@ market of, eupply) is much above that oS any other market with “which we have direct com: munication. It rules at 6 per cent, and were it to b Jowered, silver would instantly be purchased for those countries where it is the standard of'value: nad ini de- nd. Gold, also, would be drawn from that port in ch larger quantities than at present, and any ane ac- quainted with trade knows that it is not for commercial purposes or engagements that it is now #0 greatly in de mand. ‘We have on several occasions endeavored to’ draw public attention to the enormous expenditure which this war entails, not enly on England and France, bat also on almost—if not entirely=eall the nations of Europe. The war capenditure of this country alone is, even accord. the vols, upwards of fifty millions sterling perannnn, in readily it ts much greater, anal i és nok unlikely that the a will gradually increase, as ut has done hitherto, bat of France is at least one hundred milliens, and there is ‘hen that of Russia and Turkey to be considered; at the Jowest calculation it may he said that the present war shrarts £00.60 .000 per annum. A sus 40 large a8 this must derange the money markets and the exchanggs As regards England, & sum of £160,000 per week is now pre hy sive Fupply the wants of the ommissariat ~ gives for our expenses more ¥ a; Goreds and. Ie paidicion: these eet gmire than has been wnt of the par shoves aade at howe on account of the war, whieh’ la NEW YORK HERALD, SATURDAY, OCTOBER quarter, which the recent act @ drawback on malt apd spirits sufficiently explains. On the half year, however, there is an increase of £309,263, and on the year of nearly £1,000,000, on account of the additional duty on malt add spirits. The alteration of the law rela- tive to newspapers has, as might be expected, caused a reat deficiency in the quarter’s revenue from the stamp nities, The decrease ip £103,344. For the half year, the decrease is £48,402 from the same cause, alihongt the deficier is lessened by the increased succoss- jon duty. increase on ihe year is £100,472 but it would bave amounted to nearly three time; that sum but for the recent newspaper law, which hay entailed a loss of a considerable revenue, with very pro- blematical gain to the community at large. The land and assessed taxes present a decrease on the parr int 0 £22,203, and on the half year of £221,107, ow 5 duction-in rates of duty. We next come to the income tax, and the increase shows that the additional rates of Gury itmposed for the purposes of the war bave fuily answered the expectations of the wnment, The in- theare ‘on the quarter in nearly £9,000, stertog, aud on the whole year amounte to £6,484,147. Although with so edious and inquisitorial a tax an rate is hardly likely to produce a proportionate revenue, yet it is evident that in the present case an increase of the income tax has enabled the nation to meet with readi- ness the sudden expenses of the last eighteen months. ‘An additional revenue of between six and seven millions sterling a year is no amall addition tothe resources of the country; nor could any other tax have provided with such certainty the means of carrying on the war with vigor, without deranging or impeding the course of trade. The Post Office shows a decrease on the quar- ter of £81,243, on the half year of £176,976, ac- counted for partly by a reduction in the amount of re. served balances last year, and partly by the payment this year of awards for suspended claims of railway com) nies, Taken alt , the table presents a total in, crease of £1,924,124 on the quarter, and of £8,344,781 on the year. ‘On the whole, it may be said that the financial state of the country is liighly satisfactory. The increase is eater, and the decrease Jess, than might reasonably ve been expected. It is evident that war has not de- ranged the commerce or diminished the resources of the nation, There need be no fear that a Rerseverancein the licy which the people has approved will entailany serious nancial difficulties. Never was there a war with such little influence on the steady course of commerce, or with uo little hindrance to national prosperity. We nay contrast the return of which ,we have just given a sum- mary with the statement recently made by the Russian Minister of Finance. The exhaustion ot the enemy’s ¢ pire, the ruin of uearly every private enterprise, the cessant bankruptcies of which twenty were d in St. Peterabarg in a single day, are gradually convincing the world of the inability of the Czar to sustain for any lon time the contest he has provoked, even ee he shoul succeedin raising @ new loan from the house of Hope at Am- sterdam. in the meantime, the Western Powersareable to carry out the principles on which they began the war, Dob certaisly, without sacrifices, not without exertions which are great now, and may be increased, but without the smallest fear of serious embarrassment. With pros- perity unshaken, and which the enemy cannot assail, they may contemplate without fear the continuance of hostilities. If the harvests of Kurope have been partial- ly deficient, the crops of America have been most abun- t,and there is no reason to apprehend a period of suffering and discontent during the ensuing winier. Six months more will, we trust, fully suffice for the destruc- tion of the Russian power at the mouths of the Danube, and will open the corn-growing provinces on its banks to supply the wants of Western Europe. The war—to which even the most sanguine looked forward as bringing | with it a period of distress and disturbance—ba: steda year and a half without any realization of its anticipated terrors, A table of the revenue which would hove been satisfactory in a time of peace 18 no small en- couragement to renewed exertions in a just cause. [Parie (Oct. 4) Correspondence of the London Times.} A measure like that which I sent you yesterday, of the Prefect of Police, regulating not only the price of meat, ‘but also the mode of cutting it wp, and other details, has of course been a great topic of conversation to-day, and would have maintained « Cit for precedence even if some important movement in the Crimea on the part of the allies had been officially announced. The truth is that the butchers of Paris haye a very oad name for ex- tortion and insolent outrecuidance, and attacks on their monopoly bave long been rife. English readers will need to be told that the umber ot the trade in Paris is limit- ed to four hundred by law, and many persons maiptain that the proper remedy for all the evils complained of would be to throw the business open. But the Pays ar- gies that such a plan would not answer in Paris, where t has already been tried and faied. The article of your Parisian cotemporary is so full in its details that it will enable your readers to understand the evils attempted to be remedied by the order of the Prefect of Police, and is, besides, so curious a chapter in social history ana politi- cal economics, as to be well worth transferring to your columns, The writer says: The new measure gives satistaction to the legitimate remonstrances of the people, alarmed at the increasing dearness of meat; it respects the mgh's conferred on the butchers by the ordinance of 1829, but it restricts their profits within just limits; it thus prevents the price from increasing in tinmeasured proportions, and renders a ra- dica} change in the system more eas; the necessity for it should become part, we cannot think that that nece fost itself, and we firmly believe that the best combi ticn—the one that will best secure the oP "ar ¢ e the strongest guarantees for the public health, and pup the just balance between the price of live and dead meat—is the present régime of restricted liberty, com- pleted by the bi-monthly tariff. We are well aware that the rsimble of the measures enacted by the ordinancy of the 18th October, 1829, has long been the object of persevering attacks from the absolute partisans of free trade. Economists consider it as directly contrary to all the principles of their science; and their arguments scarcely admit of reply if they consent to ve iain within the domain of tveory. But questions of the supply of public wants are not favorable to abstract theories. We think that the suppression of the butchers’ monopoly would give liberty without compe ition—a cu- rious and exceptional, but very real phenomenon, as we will proceed to show. In moderate centres of population, in towns of jrom 20,000 to 30,000 inhabitants, for in- stance, the ordivary number of butchers varies from ten to twenty. It may be easily conceived that, reduced to sosmall'a number, quite sufficient, however, for the wants of the public, the butchers are always more dis- posed to come to an understanding together as to prices and conditions of sale, than to carry on a disastrous competition. Thus in localities where monopoly does not exist by right, it constitutes itself de facto, and the tarift becomes the only resource which the muni- cipal administration can use to put @ curb on de- mands prejudicial to the general interest. At Paris, where the butchers are 400, the number evidently ex- ceeds the wants of the trade, fur, out of that number, w th an average consumption of 50,000,000 of kilogram: mes, each ought to retail 125,000 kilogrammes a year, or 342 kilogrammes per day ; but there are a certain num- ber who sell more than double that quantity, and conse- quently many who sell much lesa; and hence the divi- sion of the Parisian butchers into two classea—those who supply themselves directly at the markets of “coinx and Poissy, and those who mae from their con/réves the quantity of slaughtered meat they require. The ma- jority of the butchers of Paris purchase in this latter ‘way, and are, properly speaking, only retailers at second hand. Thus, a smafl number of substantial butchers exercise the law over the market, and it is precisely to this influence that the tariff is to form a counterpoise, (From the London Globe, Oct. 5.) If any one had yesterday morning inquired among th bonkers and discount brokers concerning the value of money and the demand for accommodation, they would have been met almost universally with the reply that not the slightest pressure existed, that the mercantile com- munity appeared to be well furnished with means, and that there was rather a dimunition in the amount of pa- per offering than an increase. Some of the Lombard street firms would have supported this statement by re- ference to what they were doing themselves, namely, seeking temporarily to find purchasers for the amounts at their disposal, and which were in excens of thetc imme- diate wants. Need it be said, therefore, that they were mostly unprepared for the course adopted by the Bank of England, though it does not necessarily follow that the Bank of England acted in error or with precipitancy. Meaxured simply by the facts above referred to, most per- sons would have shared the opinion that an increase in the minimum to 53g per cent was not yet probable. There are, however, other and more weighty influences to which under this head allusion has been made almost daily throughout the week, and without any disposition to nourish an indefinite feeling of uneasiness, or to dis- guise the movement visible in certain quarters. It mat- ters little in the abstract whether the Bank of France or the Russian government were straining every nerve to possess themselves of gold; the result practically wa the same, and allowed to be carried out, its full develope. ment would have been very much inore prejudicial to bey Co my ta oe iy eyeerngs than the mere ad- on of hal cent to the charge for negotiati 5 There ix besides this alleviation, that sound commercial bills, bared upon that fair element which the working of Sar eacreney laws seek to bring about, namely, low prices, would be favorably received at the bank wiven fr reign bills it meet with no encouragement. Al. though five and a half per cent is the minimum, it is not the maximum, _ mang nO obligation to do all the paper ; Whatever the terms which the parties in- terested might be inclined to submit to, a Supposing that the Bank of France has entered into contracts for the purchase of £4,000,000, ax is asserted, and that she has already received £:i,000,000 of thai amount, the sacrifice she has to make for (ts obtainment ix increased by yesterday's proceeding of the Bank of England, and te, perhaps, now seeks to get a cheaper supply elsewhere: This haa heen partly felt already, and brings nearer an spproximation of the Paris and London money markets, athe Bank of France has at last ad- vanced its discount to five per cent. Some sm faction may be felt thag we are yet sufficiently above that figure to have « better chance of holding our own, and that wo shall interfere with those dealers in exchange, who, upon transactions ot great magnitude, are content with 34 to %¢ per cent profit, and under a keen competi. tien more frequently lower their pretentions to a humble sixteenth, {From the {London Times, (city article,) Oct. 6.) The closing quotations of the Freaeh Three per Cents on the Faris Rourse on theevening af the Sth, were 63f. 85e. for money and tif. Tbe. for the end of the month, pre- senting a further decline of nearly one per cent. The ad vance in the rate Gftiscoont by the Bank of Ragland was not known on the ree yewterd Juring busi hours, and the specqlative sale nod heavy Mall which ‘The mode in which the greater part of he gold sent from this side has been obtained by Baok of France is as- serted not to have deem by accommodation paper between the houses employed in the , but simply by their clearing the market of all the ‘and bank notes on London that could be procured. The whole process therefore appears to have been as follows:—The Bank of France propored to the house of M. St.Paul, of Paris, to pay 4 high price for a certain amount of gold; this price was tuch as to enable M. St. Paul to give high terms for draughts on London, which were accordingly bought up in all quarters und transmitted to agents on this side, with instructions for the proceeds to be remit- ted to Taris in gold. On the gold being taken to the Eank of France, the payment uf it to M. St. Paul, of course, took place in the notes of that institution, and in this way the affair of the first £3,000,000 was ‘accom- plished. But it is not to be supposed that the amount ‘of bills naturally obtainable in Paris would have fur- nished the full supply. The artiticial prices offered at- tracted bills from other quarters of the continent, and thus the remittances have probably been composed of all the floating claims on London that could be transmitted tothe Paris market from the trading porte of Prossia and of other neighboring countries. Whether the > tiation of the remaining £1,000,000 was managed in the same way ia uncertain; but, assuming even that the whole £4,000,000 has been so obtained, it may be regarded as the withdrawal 0% an amount which must, sooner or later, come back. If, for instance, the average total of claims on London afloat on the continent of Europe at all periods, when the rates of exchange are not against us, is £10,000,000, and that average be suddenly reduced by £4,000,000, our po- sition in relation to the continent is precisely to that ex- tent better than in ordinary times; and, while the aver- age is being allowed to regain its former aggregate, we shall derive the benefit of retaining £4,000,000 that would otherwise, in the course of trade, pass throngh, instead of stopping in this country. Doubtless, if all tia- ble ee of England cn the continent were euddenly collected together, and sent over for realization in the same manner as the claims upon us have now been accu- mulated and presented, we could at apy time draw thence an equal or much greater amount, and it is the advan- tage of the raising of the rate of discount by the Bank of England that it promotes in a legitimate, instead of an ar- tificial manner, a process of that description, inasmuch as by rendering money scarce it induces the commercial communities to call in from abroad every amount that may be available. [From the London News, October 6.} ‘Whilst it is generally recognised that the chief imme- diate cause of the present drain of gold is the extraordi- nary operation vpon which the Bank of France has en- teréd, we must not, by following too implicity the one- sided views put forward in a certain quarter, lose sight ot the fact that other influences have contributed power- fully to the result now witnessed. Of these, three chiefly of importanee, viz.: the Turkish Joan of five m\ lions, which may be properly described as essentially a bullion Joan; secondly, the steady demand for coin for the war expenditure abroad; and thirdly, the drain of silver to India and China. As'regards the’ first named, little uncertainty can exist as to ita extent, £5,091,250 being the utmost limit of the demand, whilst the actual remit. tances on this score are diminished by the disburse. ments of the Ottoman government in this country for military equipments, &c.; by the advances which had al- ready been made by certain capitalists to the Porte prior tothe issue of the loan; andagain, by the facilities which exist for remitting at least a portion of the sum in bills. Neverthess, when it is recollected that the entire period allowed for paying up the loan was only five months, it will be readily seen that the clement of monetary di turbance involved in this loan is by no means an incoi siderable one. With respect to the second item—the Bri- tish foreign war expenditure—an estimate of its probs ble amount can scarcely be formed. As regards duri- ticn, it will donbtiess continue as long as the war ite’, The present remittances of specie for the commissarit are caleulated by competent persons to amount to some- thing like “£500,000 per month; and s moment’s reflectim will show that, although means may be found for remit- ting a portion of the amount in the chape <f mercantile paper, the public service in the remote theatre of war cannot possibly be carried on without a plentiful supply of hard-cash, ‘Moreover, a8 we have before pointed out, these war disbursements are not limited to the immed!- ate locality of the contes. We believe there are few countries In either the north or south of Europe in which the agents of the British government lave not made their appearance as active purchaser of some ele or other for the war service. Whether the commodity purchased be mules in oF beef and pork in Hamburg, huts and horses in Austria, or cattle and previsions in North Germany, Sinope, Bulgaria, Kertch, Trieste, and a score of other places, the result remains the same—the expenditure is essestially a for- eign one, and wil) inevitably require a large mass of spe- oie, These disbursements, we may hope, apart from their tendency to bring the war to a successful termina- tion, will not’ be eventually unproductive of benefit in @ commercial point of view, inasmuch as our fo: tiade will be stimulated, and fresh markets opened up for our manufactures. These more fivorable points, however, belong, we fear, rather to the future than ‘o the present. The sustained Asiatic demand for silver acts, we think, an equally important part in promoting the drain of gold from this country. In support of this view we need cn! adauce statistics of the actual ascertained exports of sil- ver to India and China. The subjoined figures refer to the shipments from Southampton in each quarter since the beginning of last year:— SMIPMENTS OF SILVER TO INDIA AND CHINA. het quarter of 1804........ 4 recend do Third do Fourth de ‘Total in 1854.... First quarter of 1855, Second do. Third do. Total in three quarters of 1855. Per fortnightly mail of October 4, 1855. Total to date this year.. Grand total, 1864 and 1856. In addition, the shipments of gold by the steamers this year have amounted to no less than »2,- 941; but the bulk of these latter remittances ba © 1 destined for Malta and Alexandria. Ii will be noticed that the exports of silver have iu- exeaved enormously during the last three months. 3: the present moment the drain is at the rate of abort. million jer mouth. These last figures become inve with great importance when we bear in mind thedix-» nature of the influence thus exercised upon our %01.-7 market. As an illustration, we will suppose the ase of a London merchant who receives from India an orter ‘0 transmnit forthwith, eay £100,000 worth of silver. fo make up the amount it will probably be necessa:y 0 for, ward buying orders to several ot the leading contines ‘al markets. The silver is there collected and seat ove: 0 Fogland, where it must be packed up, and despatched | y the next steamer leaving fouthampton for Alexand. ‘ Prior to the late rise in the continental exchanges, \\ London buyer of this silver would probably findit‘ ° cheapest plan to remit gold to the continent in paymi ., and, #upposing no recent arrivals of Hy the sum would have to be taken from 1.» at the fixed rate of £3 17s. 10! per ounce. bank notes for £100,000 paid inte a jank for this purpose, it is important to netice, are i mediately cancelled, ‘the bank baving no power to \:- issue them, unless against a fresh deposit of gold. As a matter of course, due consideration is received in some commodity or other from the buyer of the silver in India, but the fact remaing that, as an te conse vence of the 0] ‘tion in question, the amount of bank notes Under these stances it becomes highly important to investigate uses and probable extent of the Eastern demand iver. One of the most patent of these is the civil warin China, which has led, during its eutire contin ance, to the ‘steady absorption and secretion of an mous mf of silver coin. The coins with which t Chinese are chiefly familiar are the old Spanish ‘pillar dollar and the Mexican doll Owing to the demand for this fquerter, the lable supplies of the former coin have now become extremely scarce, and the bulk of the shipments consequently consist at present of Mexican dollars. As regards the probable du- ration of the Chinese demand, it would be hazardous to circulating here is diminished by £100,000. citeu express a decided opinion, ill-informed as we are as to the position and prospects of the contending parties. It may be observed, however, that the demand for China is sorely so active at present as it was a few months back. Turning to the second great absorber of silver (India), we find reasonable ground for the belief that the drain is not likely to cease suddenly. The demand shows no signs of diminution, and is even causing large masses of French five franc pieces to be bought up, refined in Paris, and sent over here in the shape of bar silver, The same has also been carried on at Brussels, and it is own that tere of the gold lately withdrawn from this side for the account of the Bank of France has been paid for by these silver remittances. — first pressure of the Chinese demand large quantities of silver were drawn from India end from various poris of the Fastern seas, thus occcasioning a de- ficiency which necessitated an immedjate appli- cation for Buropean supplies. But the pi of commerce in the whole of those extensive and populous regions affords the chief explanation. In India silver ix the only currency, the natives knowing of no coin be- sides the tamiliar rupee, a silver coin of about the size of our florin, Gold mohurs used to be held in some cases, chiefly by the larger capitaliste, as lesa bulky than sil: ver; but this coin was scafte, and is now ne longer a legal tender in India. Probably the commercial ge ‘the conntry is best proved by the recent ‘matkel ex: tension of ita banking system. Only a few years ago fa- cilities of this nature were very cirvunnecrioed, wherews now banking institutions have sprung up over the whole country, extending even into the layas. At same time, this system has failed to produce ite usual effect of an increased economy of the precious metals. The usual mode oj remittance adopted, as between different parts of the country, is by means of drafts or orders granted by one bank upon another; but as a medium of circulation amongst the comm at large, the rupee maintains its solitary position tish India has yet to experience the advantaged of the bank note grtem, and thus it follows junder t circumstances, that the larger the number of banks, the greater is the demand for silver, There has also been oare it increase of late years in the number and wealth of the native ca- taliste, whose avowed business it is to lend at Interest. Several towne of British India may ted o forming © sort of general rendezvous for these money lenders, whose opgregate operations are in man caves of surprising extent. The intredyction and extei cised by the poor ryot’s avarice upon our monetary sys- tem iiakon a curtone iustration. of the subtle ramifi- cations of thé bond of commerce by which the most civil- ae the wot barbarous nations of the earth are now united, YRISH AGRICULTURAL STATISTICS FOR 1855. An abstract of the returns of the agricultural statis. top of Ireland, ordered by government, ae just been completed, and exhibits the extent of land in statute acies under crops in this country for oach county and rovinee, in 1854 and 1866, That for the latter year haa Been compiled from returns lately received from the several enumerators, and which may hereafter be altered in some degree upon further revision; but it is not appre- bended that avy material change will be found necessary. ‘The genera) abstract is as iollows:— ADSTRACT OF CEREAL CROPS. 1864. 1855. Acres. Acres. sees 411,286 — 446,509 1.112,046,208 2,117,955 be. 164 = 267,665 dne?se, Deo? se. sevseeeees2yT43,736 2,881,029 106,882 19,589 Increase on cereal crop#,.......... 87,203 acres, avermact oF iy CRO. 854, 1855. Ine. Dee, Acres, Aores. Acres, Acres. . 989,000 981,65: — 8131 329,170 360,407 97,327” 96,777 93,004 — 3,683 Yota.....+e+++++1,417,607 1,443,120 37,827 11,814 Increase om green crops.. 25,513 acres, GENERAL SUMMARY, Acres. Tagganes: on ¢erea) crops. f ON green crops. Do. on Weadow and clover Deduct decrease on flax........++++ seeveveeee ‘Total increase in the extent of land under crops.112,382 Total extent in statute acres of cereal and green crops grown in Ireland im 1852, 1853, 1854, and 1855 :— ‘Barley, Bere, Wheat. Oats. Rye,Boans & Polalors. Peas. Acres. Acres. Acres. Acres. 353,566 2,283,440 309,592 876,632 + 326,008 © -2)157,849 348,642 898,73 413,284 21085,298 287,154 980,660 [445,509 2,117,055 267,585 981,629 Turnips. Other Green Meadow and Crop. Flaz. Clover. Acres. Acres. Acres. Acres, 366,700 141,685 137,006 1,270,713 + 309,877 120,183 174,979 1,270,742 329/170 98,777 «151,403 ‘1,257,864 366,497 96,004 = 97,106 = 1,411,737 *Mangel wurzel, beet root, carrots, parenips, cabbage, vetcheneand rape’ are included under thia head. ‘The returns from ‘which the foregoing table was com piled have been collected, as in former years, by the efi- tient aid of the constabulary and metropolitan police. Tables for 1855, clavsified by holdings, for each county and barony, are now in course of preparation. The returns for 1855 have not yet been received from rtions of the following constabulary districts, viz. — iMarney, Tralee, Nass and Coleraine. As to them, the extent of land under each description of crop tor this year has been estimated from the returns of 1864, taking ‘into the calculation the in the crops which are found to have occmred in the other districts of the counties of Kerry, Kildare and Londonderry. WILLIAM DONNELLY, Registrar General, Office of Agricultural Statistics, 6 Henrietta street, Dublin, Sept. 26, 1855. FOOD RIOTS IN SWEDEN. ‘The dearness of food has occasioned some riotous de- monstrations in Sweden. At Karlskrona, on the 20th ult, the workmen in the naval dockyards assembled in a body, and invaded the residence of the Civil Governor of the province; some of them even entered his private apartments, and insisted on speaking to him. The Gov- ernor appeared, and after hearing their complaint, ordered them to return to their work, threatening, if they did not, to request the admiral commanding the town to take ene measures them. They, however, demanded that steps should be taken to prevent, Aistillers from buying up all the potatoes brought to market. ‘The Governor promised that he would do all in his power to put down that abuse, and the men retired. Some of the more violent of the mob proniend to destroy allthe distilleries in the town, and expecially that of Hastoc, which is the most important of all; but they ssuaded from the project by their fellow-workmen, sal, on the same day, a large crowd collected be- fore the house of M. Groenveck, a corn dealer, and, with loud shouts, broke the windows with stones, Shortly aftervards a fire broke out in some extensive premises belonging to M. Groenbeck, in a different part of the town, ana before it could be extinguished, the buildings, ether with an immense quantity of corn they con: tained, were completely destroyed. It is not doubted that the fire was occasioned by the mob. Other excesses would no doubt have been committed bad not the students of the university represented to the people the folly and wickedness of their conduct, and induced them to disperse. Commissioners of Emigration. THE DIFFICULTY WITH THE GOVERNORS OF THE 47.-18- HOUSE—REPORT OF THE COMMISSIONERS’ COMMIT. TEE—THE WHOLE CASE OPENED AND ARGUED OVER AGAIN—VALUABLE INFORMATION FOR THE PUBLIC, ETC. At the regular weekly meeting of the Commissioners of Emigration yesterday afternoon, Mr. Verplanck, from the committee to which way referred the recent report of the Governors of the Almshouse, in regard to this commis- sion, respectfully report:— That it is alike matter of regret and astonishment, con- sidering the opportunities and the duty of the Governors to become familiar with the facts and the law affecting the controversy between them and this commirsion that +0 many misstatements aa are contained in their report should have been given to the public, and that the tone and language of such Teport should have been so over- bearing and offensive. It is well known that whatever may have been the matters in dispute between the Governors and the Com- mission, it hax endeavored to observe due civility in ac. tion and words towards the Almshouse Department and all its officers, It is, therefore, difficult to account for this unprovoked attack, unless the Governers suppose that the public may not dis between such angry and unjustifiable assaults and sound argument warmly urged. A good cause rejects all such extraneous and unworthy and your committee in discussing the differences between the two boards hope to avoid thene peculiarities of the Governors, and will only notice them when they impugn the fair dealing of the Commission. Before entering into an examination of the emg em © committee would suggest for the eonsideration of the wublic and the Governors this liminary matter. The jovernors, in all their discussions with Commission, undertake, as they have done in this hig ag 2 to announe the law and define its meaning. This is done in a man- ner so offhand and confident as almost to carry along with it the conviction that the Governors, like the king, can do no wrong and commit no error. Yes, the action of the Governors fairly leads to the opinion that it is taken either in ignorance or contempt of the theory and the statutes upon which this Commission is organtzed. Nor is this Commission to blame for this want of knowledge if such exist on the part of the Governors. Almost a year ago a public attempt was made to explain to them these statutes, and what was then said is now repeated:— The law of 1247 substantially requires a payment of $1 60 (since increased to $2) for every it at this port in & versel from a foreign country, and out of the funds ‘hus of Ei were several cities, dc., of the State. be, might be incurred for such’ persons, and riations. should be in proportion to tbe ex- enimewtred by said cities, 2, 7, The powers aud fotien hus conferred were merely those of disbursing officers. were ity was to have any advantage wen. Dut cach was to receive @ others. eonenng, to the amount of ihe Buperinta: ents of the Poor in other counties, the Gover- ors of the Almsbouse in Emigration, are each creatures of the law, which s) defines thelr duties, It is not for them to'decide wi ought to be, but to perform thetr AvtGoen not direct, but in substance probibits, i as inproper w does i 1 and uni Je’ as n refusal on the other side to perform what the statute requires. It in supposed that, betents | such relation to the law, obedience to its directions would not be made a subject 0 condemnation or of sneers. Yet, whenever a refusal to comply with amy of the unreasonable demands of the Governors is made, because a compliance would be with- out the authority, or in violation of the law, the Comnis- sion is accused of resorting to quibbles, Your committee now propose to examire the ¢om- Jaints and some of the other statements contained tu the jovernors’ report. ‘The urged against the Commission may he re- duced to three points :~ I. ‘bat bills for support of vagrants at the Peni‘en- tiary from 1849 to 1865, and on Blackwell's Island an! at Pelievue Hospital “from 1849 to 1854, six years,” amount- to $40,500, are unpaid. Yet the Goveanors ought to know full well that there is neither substance nor legality in this claim. The per- sons for whom this charge is made were committed to the various institutions named, vagrants; , this commission presented theGovernors with their views vogmrd to it an follows * ro ted ig ay casos, tavolving im: ferent; by our ‘laws, risoned Tori As (or: peut lareeny oF : i 3 5 H iJ for (ber support, any more than tor the mal Of ap emigrant sent (0 Blackwell's Island for theft, or to the State Prison for burglary or arson, or any other felony, “there tobe 01 at bard 5 ners are not penitentiary officers, but merel disbursing omcers Of s charitable fund collected to indemolly for paupers, not to pay for the support of criminals who may, for Aught tbat is known, earn enough to support themselves by the bard labor ‘to which they have heen sentenced.” ‘With this view of the care, the Governors were not an- tisfied, and appealed to the Legislature last winter, That body, the creator of both the Governors and this Commis. Jon, by its action, declared that there was no validity in gration of the last five years, were to pay all the ‘ills a8 made up according to the pecu- Department, it could easily exbaust its annual fund at a very early period of the It is, however, castomary te exal ‘bills pre- vented,” andto com them with the ships’ manifests on record in this office, and thus have beem and are all such bills adjusted and liquidated by the That officer, after proper examination, has made to your com- mittee the following report of the bills presented and edjusted, according to the rules and practice between the Aimshouce Department and this body:— Balance due New York Almshouse on Jauuary « $19,200 68 for 1853. 24,768 03 «© 1854. 17,536 98 Amount of bills rendered and allowed “ “ “ aes ah “eee January 1, 1865 to July 1, 1855. ~ 5,900 42 Amount of bills rendered for July and August, 1855, not yet examined..... .c.seceseeseeee 2110 96 «$69,516 47 ‘Thus, instead 01 a proper claim of $48,412 32, tual amount is baw Fiona 61, somewhat less than half of the sum by the Governors, and a little more than one-fifth of the general claim by them, This Commission, in the Judgment of your committee, and of counsel, bas a fair equitable offset to this pe 741 61, and it is willing to submit it to public jecimon. ‘This offset was last year stated, andis now repeated, as follows:— ‘The Commissioners are authorized to take care of emigrants ausse, ‘During ihe seven yearnos their exwence many emigrant temajes have delivered of children in the hospitals of the Commissioners, These children are not 1 but native Imabouse; expense, care of them, your committee is (nage is an equitable set to some ‘onic at Jeast, to the claims of the Governors for lunatics and smallpox Lr yee This is denied by the latter, and the Vommisetoners: to send such children ‘othe Almshouse, Tney are will and have ofiered to doso, provided the Governors charge of | for whose oe oF wee e done. on Wi not be received into the Poorhouse. And be either guilty of the inhumanity of separating tender babes trom their mot or, must bear the expenses of thousands ot infants chargeable of right to another fund and another bedy. ‘The above has been the case for over eight years, and the amount expended for such children is computed to exceed $60,000. The Governors, however, refuse to allow it; and it is, therefore, to be the subject of arbitration er litigation, It is well worth while, however, to observe in the above statement the ground upon which its disallowance is placed by the honorable the Governors, and to consider whether it may not be that the quibble— the mote in the eye of this Commission—is not seen by the Governors from Lelind a beam in their own optics. Even, however, allowing that the Commissioners are in error in claiming an equitable allowance on this account, pacal at least to the ce claimed by the Governors, still as- suredly when it is considered that this justed ba- lance of $20,200 is on @ long account, upon which pay- ments of seven times that amount have been actually made and over a hundred times that amount have been expended for the use of the city by this Commission, « little delay in settlement can hardly justify the broad charges of the Governors, and still less can it afford any ground for the assertion that it will ‘compel this depart- pend dalcrs faz tne special purposs ot provitiog, for th san 8 for puryose of providing for imporitions of the Commissioners of Emigration not other- wire provided for.” Ifa deticiency in the large grants to the Governors has occurred, requiring such an additional call from the de- partment, it must arise from ‘“impositions”’ from some other quarter then the Commissioners of Emigration. Jn this connection it may be well to advert to the re- mark ot the Governors, that this Commission has paid lange sums ie the other counties, whilst it has passed jew York by. The Governors know very well, yet_seem studiously to conceal the fact, that fifty cents out of every two dollars received by this Commission, are by express law appro- priated and set aside as 4 separate fund out of whic ex: penses of emigration in all the counties except New York are to be . The Commissioners did not advise the enactment of this act and are in no way responsible for it, Since its passage im 1863, no money except this fund of firty cents has been paid the counties, and that fcom time to time, as the law requires. When, therefore, the Com- sistion is reprimand for paying the counties other than New York, the cenaure is sinply for the performance of a duty which the law specially enjoins, In the next place, this Commission expends for the bene- fit of the county ot New York an amount ten times great- er than for any other county in the State, and four times as large as that paid to-all the other counties together. At an early period ofthe commission, it was judged by the then Commissioners, Messrs. R. B. Minturn, Have- meyer, Brerwith, the late Messrs. Colden, Jacob Harvey, Dillon and others, advisable to establish hospitals and refuges in this county, instead of allowing the emigrants tobe maintained in the city establishment. This was done after mature deliberation and calculation, leading to the conviction that this fund could be thus adminis- tered with more economy than the then experience had shown the city’s had been. A comparison of the ex- nses of this Commission in this city, and of the Alms- use Department during the same time, as exhibited in the reports, will show that those gentlemen were not in error in their decision. In this county, therefore, this Commission has,purchas- ed lands and erected refuges and Lin in no other county except |, where the ine Hospital, tor the protection of this city from the introduction of dis- ease is located, has this been done. In the other couyn- ties, all the emigrant poor requiring public aid are main- tained in the county poorhouses. Such would have been the case here had not the Commirsiocers institutions of their own. The amount expended in these is therefore in effect so much paid to the city of New York, for to that extent is this city relieved; yet the rHOre re- port as though the Commissioners, who, with the excep- tiog of the Mayor of Brooklyn, are all residents and tax- payers in this city, paid nothing for the city, but wae acting adversely to its claims and its interests, ‘The aggregate amount thus meded for the city, and to which extent it has been relieved from taxa- tion, is, since 1847, the year of the organization of this’ Commission, over $2,250,000, and hes been for the last five years, ‘rate of over. $300,000 a year. It must ways born in mind that the Commissioners of Emigration have no discretion as to the amount of their expe@Mitures nor any claim on the city or State treasury to make be Are aeary A or en- large their income, pes ae ‘inistrators of a limited and fluctuating raised from the tion itself; that the Legislature never made it theit duty, nor ever expected that they should support or pay for all e fant poor under ci:cumstances, but merely pre- scribed that they should do sons far as the fand would al- low, either by see of their own, or by repayments to count on which such persons became charge- able, ‘The administration of the Commission, however im ae Satay’ ottees Somes en 4 Legislature, , during years, entirely sup- ported the whole ‘fsuch poor in this city, the whole qua- rentine and matine hospitals of this port, and refi the counties in full to within the last months, during which last period a dividend of 65 per cent has been iat. my The third and last point of complaint by the Gover- nors is the refusal of the Commissioners to receive the lu- natics who have been tendered, tions. On this the Governors expend a necessary poe spend If the spirit of fairness were as evident in the Governors’ asis their embarrass and misrepresent the Commission, they would not have been guilty ‘of some important omissions which your committee will proceed to supply. Last winter the Governors, in the same style as they now propose, ‘ united themselves as a committee,” and proceeded to Albany to correct the abuses in this Commis- sion, and toamend the defects in the laws. A dill for that purpore was aci ly luced into and the Assembly, without notice to this Commission. in that bill was clause authorizing the Governors to transfer lunatics to the charge of the Commissioners, just as they have recently attem |, and of the ret wo receive whom by the 8 they so much com- lain. P thie clause was stricken out by the Senate, and the whole idea of such a thing repudiated. The’ Gov- ernors return to New York, and holding up the Commissioners to public view as adverse to the city— mal-administrat of the law—violaters of ‘the under which they receive the commu- tofion exhibit the t respect entertained by themeelves for law and iegiative action, by attempting to do exactly what the law forbids ind the Legisla~ ture bas but Sey. prohibited. ‘Lhen, again, the joners have no authority or right to receive lunatics. The laws of this State are ex- ress on that point. Lunatics are to be examined by two Fastices of the peace, and committed to such secure the overseers of the poor, in this city, by the Governors. It is made the duty of the Gover- nors to provide such F. , and if a public asylum, the approval of it by the Supervisors is, necessary. The Go- vernors bave not and cannot provide any of she iustitu- tions on Ward Island aa @ fit place for lunatics, such as would meet the aj tion of the Su; for there 4a no such edifice on thatisiand. Yet, in full view of this Jaw and there facts, the Governors undertake to transfer toan precast place, lunatics who have been com- mitted to their by the ji for whose cust and the public. y complain, too. Sioners, troubled, perhaps, by & quibble, refused to aid them in their open and direct violation of the statutes. ‘The law makes such an act xs the Governors contem- templated and attempted, a misdemeanor, punishably by fine and imprisonment, and but for the resistance of the Commissioners to this ‘attempted unlawful act, the Go- vernors might have found themselves inmates, instead of visiters, of their penitentiary establishments on Black- woll’s Island. Your Committee Le pig, aed disposed of the claims and charges in the report of the Governors, deem it a proj time to call attention to some past matters and the action had thereon. ¥rom time to time during the lest few years, differ- ences of opinion have ariren between this Commission eng the Governors, ip rd to the duties of each, ans as may be provided be no more offeyed. This occurred last legislation, the most materia! of points whick had should be decided as above mentioned. committee have no comments to make u| this ordinary movement, except to say that Legit refused to interpose or make any alteration in the rant laws except to include for the future, but the past, {plthough this was proposed, ‘desired cated by the Governors, »} among those changeable it fund, certain classes of who mi confined after conviction as vagrants Or disorder This law thus obtained, whilst the matters in it had been made the subject of amicable adjustmet : oon followed by the commencement of an action ‘he Commissioners, which is uow pending. Thi Governors have en legal measures agains Commission; but a8 usual, not sati with the the remedies which the laws afford, @l-offensive made from which it is fairly to be inferred t ~ legal steps have been adopted against this Commiss though a suit had before that report was made a: been commenced. ‘Your committee, nevertheless, would recommen do hereby offer, if this report be adopted and ap; Pad Peete Aone dan bgp of submission to } sg Spe Havemeyer and Kent, as above stated agree to any other equally compétent and know terested gent! , and thus without litigation an ont feeling, to dis; of the matters at issue betwe Governors and this commission. Even had the claim of the Governors been far founded than it has been shown to be, the commis: after having for the last eight years diminished tl dens of the city, and paid annually large sums dire the Governors for the support of the insane who: had no means of keeping, had a right to expect and libera! indulgence at peculiar juncture. matter of public notoriety which must be famil the Governors, that a great and dim of emigration has occurred since January, 1855 consequent reduction of more than one-half of the income of the ; whilst the number of 5 chargeable in former years and the consequent +. remained the same. A vigorous and efficient red of expense, in all departments, rendered practic the immense benefits arising from their lately a Castle Garden establishment, will, it is \ ter make the diminished income quite uate Ajminished expenses. In the meanwhile, we eriod of temporary financial embarrasement in fairs of the Commission could not but occur, and the recess of the Legislature the Commissioner right to look for a confiding and generous forbear: _ not effective aid, from institutions laboring in toi cause. This they regret not to have found from (_ vernors. Your committee, in conclusion, utterly regrete) we discussions, and would bave recommended) | n these matters, had not the report of the Gov been replete with misstatements, unfair imputatio founded claims. and angry charges. As, howeve have ahs proper to submit these matters to cision of the public, your committee do not cecl! cause or the tribunal, ‘his Commission has endeavored to adminis: trust committed to it fuirly and {mpartially, for ti interest of the emi it and for justice to the State. When the amount to be expended by nually, and the great numbers chargeable to th grant fund are considered, it is not wonderful th: commission could notexpect but that differences a putes should arise between those who claim and who pay; but from no other source has this Coma: pen hemiereony ¢ fecresnientte met with much opposition, ) Want of thy, ax, representation af from the’ Aims Hone departmt this city. This, in view of the denetite this city and many of its great interests havederiv: are ving from emigration, was not expected. however, it is considered that this Commission 1 lieved our citizens of over $300,000 a year taxatio disease has been kept from the city—that fraud: stra have been put an end to—that thouse polymont-—that the rick have been heaiod she’) lyment C ve © Fea’ and the naked clothed, by hundi aoe t these henry results have in a great measu duced by this Commission and under ity auspice: out Pod oe - the city, Eline serene appes confidence toa discerning public for judgment efforts and its acts. - bey oe As to the immediate controversy in hand, charge of bad faith made a; st the officers of tl mission, your committee humbly submit to pul ision what they have and what they have not that behalf. This Commission has always desired and acted amicable adjustment of points of dispute—it submit them to the law officer of the city—to distinguished prvssnn ed citizens for their intel! integrity, and ex and to the Supreme Co reed to this submission—consented to inch in such submission which were scarcely mooted: agreement for it was arranged, and it now renewe fer of such an arbitration; and in all these eavored to carry out its propositions in aith and honor. The Commission has not lecision of the law officer of this city. It has not, ¥ agreement it was bound in honor to abide the deci unexceptionable gentlemen, rushed to Albany to} a legislative decision on mattera which had H ted. It has not, when frustrated in this, repudi agreement and commenced a suit for the enforcen its claims, and then informed the public, in that no measures had been and asked the Governors either to ite new born from their mothers or else loee the expense of port, These are some things which the Commi: done, and others which it has not done, and yor mittee fully submit the whole matter to the publi sion. GULIAN C. VERPLAN€K, Boa N&w York, Oct. 17, 1866, Theatres and Exhibitions. Broapway Tukatre.—Mr. Forrest will repeat hi ler character of “Metamora” to-night. The piece is the ‘Loan of a Lover.” Nim1o’s Garpex.—Wallace’s opera of ‘Marit ‘deen selected for this evening’s performance by and Harrison company. Bowsny Tugatre.—The bill for to-night. compr'| “lemon of France” and “Gwynneth Vaughn.” M field ond Mr. Johnston are to appear. Borton’s TuraTRe.—The capital piece of the “Pi the operetta of ‘John of Paris,’ and the farce of rent Guardians” will be played to-night. Wat.ack’s —Manager Wallack annour Lady in Difficulties,” ‘Mrs. Johnston” and “A Piece of Business”’ for to-night. Mrrgorouran THeatre.—To-night is ly | of Rachels performances, being. for’ the bene6| company. attractive pieces are provided. Woon’s Mixsrrers advertise several new feat: this evening. BUCKLEY'S SRENADERS.—Burlesque 0) minstrelsy, a8 usual, en ee Nrpio’s Satoon.—Collins’ characteristic enter have made a decided hit. The programme for to- excellent. Prov, Macatustsr continues to do well at Mec ‘Tue Batis of Bunker Hii. asp Sipce oy Sev are well at ended at their respective halla, Martone RayMonp is to give his entertainment, ‘An Hour in Ireland and other Lands,” in the ¢ a few days. Mre. ALEX. Gipps will commence her pleasing tainmont« in Newark on Monday evening next. Destructive Conflagration in Cincin: (From the Cincinnati Columbian, Oct. 15.” The watchman em at the yg estab! Gund & Go. om Fromt, none Mil wire, ‘went off e after of ive o'clock n having ously roused up the omnes 3 guard the on Suuday. The latter soc ward resched the factory, discovered fire basement afory, in & rt of the building remote f a and ordinarily there waa no fire. | eee eee stories in flames. The - quanti manufactured in building stock and mechinery, about 970,000; and about 800,000 feet of lumber, a stable, verty. ‘They are entirely uninsured. The en, al lange quantity of stock and machinery ha Johns cabinet man has and machinery to the value of $16,000 or small ineuraves. will $4,000. No i Th fire is vurance. in fire he orthy, enterprising and self belie yaa us been awept away to gratify malignity of som rel. sik to Gov. Johnson, in his annual message to the a Legislature last week, gives the State 7 of which $3, Bi Sires Noa 52,900 dorsements. He adds that $155,219 dest rehased by the State, being inof the Fare nae te in the Plalers’ Coa Union, Baal oft tee, Gor. Johnson again reeommends an amen the constitution of the United States, making dent elected directly by the people.