The New York Herald Newspaper, December 11, 1856, Page 4

4 NEW YORK HERALD. JAMBS GUKRDON BENNETT, EDITOR AND PROPBIETOR, SMACK Y. W. CORNER OF NASHAU 42ND FULTON 618. caaeh 40 wowaner JY BERALD, 2 conte $7 per annum. EEKLY HERALD, every 3 vray a Ga conte yer cy annun.; the European edition, per aanurn, tO Great Brtisin, oF $9 to any part @ the Comdinent, aig gaa ACADEMY OF MUSTO, Fourteenth ot ~Travtax Orens— a TeavisTa—ORMS FROM BakDRe OF SEVILLE BIBLO'S GARDEN, Broa¢way—M. Tuaspeac’s Last Jencent | BOWERY THEATRE, Sewery—sr. Make—Peten Womre. Broadway. oppeaite Bond | BURTON'S NEW THEATRE, Li rave ActREs—RiguTs avd WEoxGs OF She THEATRE, Broadway—Haucat -Doxe on Supas. LAURA KEENE’S THEATRE, 624 Breadway—Yoouxe Dew Soux—Sacory Love. OAMBSRS CTREERT THEATRE, (Late Burion’s)—Oni0x —boms ro Geen Luck—Sismece fwins. BARNUM'S AMERICAN MUSEUM, Brosdway.—Afer- secon fugurs amp WRoxGs or Womas—Linmmice Bor— ‘Bventag—()1.4hpa—J esse. BROADWAY VARIMTIES, 472 Broadway—Tum Frying Durum .x—Tue TooDLEs. “EO. CHRIST? & WOOD'S MINSTRELS, 44 Broad way. —Bemiov aw Pamroawaxeus—Pas Ow Clock. BOCELEY'S SERENADERS, 585 broadway—Ereroriax GusevueLsy- CINDER EL. "CINESE Rall be ws Domern’s Does ayp Mo! oadway.—Woxpearer TRICKS, ETS. “Few Vork, Thu: The News. ‘News is now looked for with some interest from Wicaragua. The Texas and Tennessee were to have left Sun Juav del Norte about the 3d inst.—the first for New Orleans and the latter for New York. The Fexas is now due, and we expect news at any mo- ment by telegraph. The opening of the Tehuantepec route to the Pa- cific is now attracting a good deal of attention. Ac- cording to the articles we give in another column, efforts ave making to finish a carriage road across the Isthmus by the Ist of next February. Coaches and otber material have been ordered in New Hamp- shire, to be ready for shipment at New York by the first of January. Yet we have no account of steamers to ply between New York and New Or leans and Tehuantepe>. .It is stated, howerer, that Com. Vanderbil: is shortly to visit New Orleans in ere of his steamers—the Daniel Webster. This is a significant fact; and the energies and half a do- zen steamships of the Commodore, now that they are shut out of Nicaragua, may turn towards Te- Rauntepec for use and developement. Nothing in the way of business was done in Con- grese yesterday, Both branches were engaged in a discussion of the message and the reception of a few petitions—one of which was from Mr. Wheeler, asking to be refunded certain moneys which te had given to distressed Americans in Nica wens, who had been robbed and wounded at Virgin Bay by the natives, and who had applied to the Legation for assistaace. Commo- dore Jones also petitioned tor a restoration of the pay deducted from him by @ court martial several years ago. The President bas apoointed J. 0. Har- vison, of Kentucky, as Judge for Kansas, in place of Judge Lecompts, removed. The Scathern Convention met on Monday, and adopted rules for organization. About six hundred members were in ndance, after which they ad- journed till Tueeday, when the regular ‘ousiness of the Convention commenced. A number of rtsolu- ‘tions was offered, among which was one instructing Southern members of Congress to vote for the re- peat of the tariff and of all laws interdicting the slave trade, which was laid on the table by a nearly wnanimous vote. A resolution was also broaght for- ward for a Southern Pacific railroad. Other resola- thons were also introdaced, viz.: to make Southern, Atete, county ani city bunds, payable at home; for a line of steamers to Europe; to encourage South- ern literature, kc. The Convention 1s represented aa strongly conservative, and likely to continue in seesion until Friday. We give the proceedings, so far o# beard from, in apovher columa. ‘The steamship Anglo-saxon, which left Liverpoc! om the 27th ultimo, arrived at Portiand, Me., yes terduy muning. The news is one day lay that browght by the atlactic on Tuesday to this Phere was Lo change in the aspect of politi rt. a affairs. On the morning ot the 26th ultimo, the London money market opened heavily, but prices relled tow g, and consols, for money, closed at $4). The Liverpool cotton market was dereguier. here was no change in bread-tuils. It is sald that Geveral Wyndham had resigned the eowmand of the British army in Bengal. Th navigation ot the Baltic was completely closed by foe, and at Rignover two hundred vessels were frozen up. From India and China we have nes dated at Coon on 13h of October; Calcatta 22d of same wuts; Bombay, November 3: Shanghae, October 6, and Hong Kong Oc ris. The British fleet was to sail (or the Persian Gal! on 10th of Novem- ber. The Indian treawsery was in a flourishing con- @iion. Mr. Canvingham’s murder was boing in vestigated at Foochoo, and the American mer- ebai.ts were withholding duties on exports till an exainpic was made by the authorities. Ehewhere ‘x our colawus will be found an ex- @ract from a letter written by Captain Pesbody, of the packet chip Neptane, to Messrs. Poirier & Co. im whick {( is stated that on the 7th November a boat belonging to wrecked steamer Lyonnaise was picked up by the Neptune while on her voyage to Liverpoo! No persons were in the boat whea foand; from which -ircumstance it is thought probable they were resened by some outward bound vessel, and carried to a foreign port. Christ church, the Prostant Episcopal cathedral in Montreal, wae destroyed by fire yesterdsy moro ug. 4 dry goods store and the Nun's bailding ad joining were also sme shat injured. The charca was thought to be one of the most elegant and eostly buildings in Canada. It waa not, howeve: cam! in size to the Reman Catholic cathedral of Montreal, which is capable of holding from ten to twelve thowsand persons. The damage by the fire w estimated at $120,000—tre insurance is $65,000, The church poeresred a magnificent organ, nearly as jorge os that of Harlaem in Holland. The Republican Central Committee for the year 1856 held ite last meeting last might, and agreed apon a call for primary elections, to be held on the evenig of the 29d inst., between the hours of 7 and 8 o'clock. Five delegates to an Old Men's Commit- tee and five to a Young Men's Committee are to be eheoren. A strong effort was made to change the representation in tne committees, 0 as to give the wards casting © large vote for the republicans a larger representation, but it failed. The democracy of the city gave a complimentary serenade to the Hon. R. J. Walker at the New York Hote! last evening. The particulars, together with Mr. Walker's h, will be found on onr first page. The Com rs of Em‘ gration met yesterday, but did nothing woth reco ding. Theit b» ks that the emi 0 80 far this yer hasbeen 139,581 -an iner opad wih jast year’s report, of 11,956. mm son commenced the year with a debt of $63,031, ond it now basa balance in bank of $6,048 73. Ato meeting of the "oad 0° Councilmen, held last evening, a resolution was ws pted in favor of parchariog two eteam fire engioes, a o at of $4,500 exch. The expense of runaing them will be about #12,000 a pear. Ajonng man named Livingston waa committed tothe Tombe yesterday for embezzling som $30) foc his employers, A few days previous to his ar- NEW YORK HERALD, THURSDAY, DECEMBER 11, 1856. rest, Livingston wrote a letter to his employers ac- knowledging his errors and asking forgiveness. As the letter is interesting, we give it, along with a re- port of the case, under our police head, together with @ singular act of generosity on the part of a thief, who, after stealing a watch, sent the owner of it the pawn ticket. The trial of Wills and Conley, for the alleged re- ceiving of a large lot of lace goods, knowing them to be stolen, was continued in the Court of Sessions yesterday. The court room was crowded with spec- ‘tators, and the trial appears to excite much interest. The case was not concluded at the adjournment of the court, and will be resumed this morning. ‘The argumem in the Brick Church case came up agaio yesterday in the Supreme Court, on a motion to amend and have the case tried on its merits. The matter was at Jength postponed till this morning, when a format motion to amend the complaint will be made, and two day’s netice given to the defen- dants for the regular hearing. ‘The steamship Merlin, for whose safety some fear was entertained, arrived safely at Halifax last even- ing, short of coal, and after having experienced severe gales during the whole of the pasaage. ‘The cattle market yesterday presented but little change from that of last Wednesday. Very few fine cattle were on the market, and they were quickly disposed of at a shade lower in price. Weatern cattle were quite scarce, although Onio and Miinois were tolerably well represented. The num- ber of beeves on market footed up 3,373; veal calves, 551; sheep and lambs, 10,791. Hogs were in good supply, principally from this State and Ohio, as many as 22,000 having arrived during the week, all of which have been disposed of. Cows and calyes were in better demand, and sold readily at higber rates. The sales of cotton yesterday were confined to abent 1,000 bales, without change in prices. For quotations, movements, &c., we refer to another co- lumn. There was leas animation in the flour mar- ket and sales were moderate, while prices were with out change of moment. Wheat was sold to a mo- derate extent, while prices ruled about the same. Corn was dull, and sales limited, at about 70¢.a 71c. for mixed, with some sales reported at 72e. Rye sold at 90c. Pork was firm for new mess, and old was unchanged: sales vere made at $19 12a $1925 for the lateer, and $19 50 for the former, which was held at the close at $19 75. Sugars were more ac- tive, and sales of about 1,000 hids. and 1,500 boxes were made at prices given elsewhere. For details of the public coffee sale held yesterday we re’er to another column. Freight engagements were mode- rate, and without change of moment in rates. Negro Insurreetion Plots in the South The Fruits of Nigger Agitation. During the last few days we have been re- ceiving various startling reports from Kentucky, Tennessee, Louisiana and elsewhere, ia the slave- holding States, of the discovery of alarming in- surrectionary conspiracies among the negroes, and of the summs:y pusishment of numerous detected offenders. The most formidable of these conspiracies appears to have been concocted in Tennessee—about the last of the Southern States in which we shonld have anticipated anything of the sort. In reference to this conspiracy, we are informed that there was much excitement in the neighborhood of Dover, on the Cumberland river, among the negroes—that many of the ringleaders bad been arrested, and eleven hang—thxt one white man, disguised as a negro, bad been sen- venced to nine hundred lashes, but died before the penalty was fully inflicted—tbat the whites were arming and organizing for defence—that an on prevailed that a genera) uprising would place among the negroes duriog the holi- Jays—and that escapes of slaves were unusually ow us. Now, if this were an isolated case, it might be charged with some show of reason to the crimi- pa) management of some meddling white fanatic, or to some pecniiar local circumstances ; but the simaltancous discovery of similar plots, in various other localities, remote from each other, can only be accounted for upon the hypothesis of some general delusion lately diffased throughout the South, aod acted upon spontaneously here and there, by the negroes themselves. A litte news- paper sgrapb which we published from one of our exchanges the other day, throws a light npg00 ch doubtless reveals to us the Ine to the whole mystery. A lady in Memph’ » short), v@ Presidential ad been giving auegro girla whole ure concerning the neglect of her duties » kitchen. “ Ob! never m lied Sal- ~ wait till Fremont is el d.and den I guess bow, miseess, you will bave to slew de pots youreel The idea, no doubt, was that with Fremont’s election all the negroes of the South would be instantly emancipated or supported from the North in a bloody revolt; and as, with ew exceptions, the highest earthly happiness with Cuffee is the unspeakable liberty of laziness, the whites, course, throughout the South, emancipation of the blacks, would be compelled to do all the work of the house and plantation. This, we apprehend, was the idea so broadly hinted atby Sally in her significant warning toher mistress, ‘The question recurs, how wae this impression i the emancipation of the slaves so broadly dif- tused among the Soutbern slave population as is evident from these reported conspiracies? No by the Fremont party in the South; forno man was allowed soutt of Mason and Dixon's line to write, print or speak anything in favor of Fre These negroes could only have taken their cne from such imprudent aad boister- ous fire-eating political nigger drivers a+ Gov. Wise, Chevalier Brooks, Keitt aud Slidell, and such. During the campaign, they prated to Senthern audiences, with negroes all around them, of Fremoot as an abvlitionist—of his de- ys to drive the slavebolders out of Kansas, aod to turn all the slaves of the South loose, to kill, burn and destroy, The negroes pricked up their ears and listened, and they were told further, that there was every probability that Fre- mont would be elected, and that then the only safety to the South would be to withdraw from the Union, and arm for civil war. Taking these hints and putting them together, over their cabin fires, the negroes, we dare say, took their white masters at their word, and proceeded to arrange their plane accordingly for a counter-movement of rebellion. The very fact that no white man in the Southern States dared to open his mouth in favor of Fre- mont, even as the candidate best adapted for the security of Southern slavery within the Union, was doubtless taken asa proof positive among the ignorant and credalous blacks that negro | emancipation was the main plank of his Presiden- tial platform. No denial of such declarations being permitted, they were necessarily received | as woepel, and this we may say to oar Southern | disunion nigger driving democracy that these in- cipient fires of negro insurrection are fires of | their own kindling. Their niggers do not take | the New York Herato, bat depend upon what they may hear from such Solons as Masea Wine, | the subject, w! before ti on with the mont's election. Massa Brooks, Massa Toombs, or Massa Slidell. We take po pleasure in the of vhese negro disturbances, and none in the Southern view of | their causes, A secession editor of Vicksburg, Mississippi, is pleased to denounce the editor of this journal as “ Bennett, the abolitionist,” be- cause of our advocacy of Fremont’s election ; but this is only a part of the great mistake of excluding from the Southern States, by mobs and terrorism, even a fair discussion of the claims of Fremont aga State rights constitutional can- didate for the Presidency. On the other hand, it is painful to see the apparent gusto with which our nigger worshipping cotemporary of the Tribune gloats over this news of projected South- ern servile insurrections. Thurlow Weed, of the Albany Journal, rubs his hands together with something of the same chuckle of satisfaction. Such malignant Northern agitators as these would doubtless rejoice in seeing the whole South sub ected to the horrors of a St. Domingo massacre; but we have no more sympathy for uch plotters of sedition than for the besotted abolitionist found tampering with the slaves of a Southern community. We confess, too, that such journals in behalf of Fremont as the New York Tribune and Albany Journal, not only con- tributed much to the forcible exclusion of the Fremont ticket from the Southern States, but very much to its defeat among the Union loving people of Pennsylvania, New Jersey and Indiana. When our Northern abolitionists commenced their political agitation of the slavery question they were few in numbers, and in political in- fluence they were beneath contempt. But Southern political demagogues took up the hint, and for their own selfish party purposes com- menced a counter-agitation in the South. This was exactly what our Northern abolitionists de- sired. If let alone they would have died a natural death; but a violent Southern counter-agitation gave them at once abundant capital and employ- ment. From that day to this, between Northern nigger worshippers and Southern nigger drivers the fires of discord have been supplied with fuel, upon every pretext of excitement, until nothing is spoken of but a general conflagration. Nig- gers—niggers—it is nothing but niggers. With the meeting of Congress, the political nigger worshippers of the North and the nigger drivers of the South go at it, hammer and tongs, Our white people have been lost sight of entirely. We have nothing left us now at Washington but nig- ger agitators and spoilsmen, and a government devoted exclusively to niggers and spoils. Looking at this state of things in the North, in the South, and at Washihgton among our nigger agitating demagogues, is it a matter of wonder that the ignorant and credulous Southern blacks should be led astray? They see the hub- bub around them—they see strange doings going on in politics—they hear mysterious outgivings of disunion, revolution, and civil war, mixed up with an incessant repetition of slaves, niggers, black republicans, &c.; and what more nataral than that they should turn all these things into misclief ? . We hope and pray that the inauguration of Mr. Buchanan will mark the dawning of a better day. The dabbling of poor Pierce in this dirty nigger linen has cost us quite enough, in all conscience. We had peace, and he has given us discord; we had harmony, and he bas given us confusion; and now we look to Mr. Buchanan, in a rigid policy of repudiation of all nigger men and nigger agita- ors, North or South, w set as right again. Rallroads, All Over the World. ‘The success of M. Periere and his associates in obtaining the concession of the Russian railways is not apparently thonght so much of in England as on the Continent of Europe. Tne Londoa press regard the Russian railways as mere mili- tary roads and laugh at the idea of the Emperor of Russia asking these very people to build them against whom they will be used. Still, it seems certain that the Barings have undertaken to dis- pose of th:ee-sixteenths of the stock in England; it will be a question between the power of the press and the covetousness of capitalist. The Czar guarantees five per cent net on the money actually laid out, and admits the iron and all other materials free of duty. Notwithstanding which, the Times basa poor opinion of the stock as an investment, and warns its readers against purchasing it. The Times refers to British experience of rail- ways. We published the article yesterday, but the allusions to the past cannot be so well under- stood in this country as they were abroad. It may be said briefly here that the English, ten years ago, were all mad on railways; that scores of companies were chartered every year, and hundreds of miles opened; that some of the lines pretenged to earn. and actually paid dividends of eight and ten per cent; that in 1846, 47, 48 and °49, all these roads, or the greater part of ther J exploded, and the persons who had put their money in them on the strength of the large dividends lost it all; and that now, it is well understood that, populous as England is aud prosperous her people, English railways cannot earn the degal rate of interest on their cost. With such a lesson the English may well be cautioned against dabbling in Russian securities. On the Continent of Enrope, railways have bad a somewhat different career. In Franc § Belgium, Praseia, Austria, and Piedmont, the government has always been more or les directly concerned in them. It was a case in which “the pecaliar advantages of despotism” were ot particular utility. For instance, no foolish routes were allowed to be built. Com- peting lines were contraband. The rates of travel were fixed by law, on a careful examina- tion of the cost of working roada All the power of the government was called in to assist the railway in carrying out ite police, and its regula- tions. In some cases, the goveunment guaran- teed a minimum of interest ; in others it was iteelf a large stockholder; others obtained from it a remission of duties and taxes. Under this sy+ tem, certain railways of the Continent have paid their way. Many, especially in Germany, are at present insolvent; but the Belgian roads—which are as a system the most admirable in the world—are believed to earn a fair profit. Some of the French roads paid eight, ten, and fifteen per cent—cartying passengers at two cents per mile, Of course there ie a swindle here, which will come to light om that approaching day, when all the French bubbles burst. ‘The peculiarity of all these Continental roads has beew that they have been intended ag mere technical improvemente on the old stage and dili- gence routes, and that in most cases the profit of the Iine— as an enterprise—has been the prime object sought. Now, in the United States, we have pureued a very different plan. We have built rather more than twice as many miles as they have in all the rest of the world; and by the time the Russian roads are built, we shall have three times as many miles of railway in operation as all the rest of the world. But with as the profit of the line, as an enterprire, has been the last consideration, the opening of new fields of agriculture and produc- tion the first. We no sooner build a road that does well than a rival is started. The stockhold- ersin the one are the projectors of the other. They calculate that they will make their profit by the enhanced value of the land they own on the line of railway; and they are prepared to lose all the money they give for stock. Of course this is not the calculation of the speculators and jobbers of Wall street, who get up railway com- panics, and write railway reports, and job railway shares, and pretend that the track which they try to foist on the public is a valuable dividend paying security and a “national interest;” but it is the habig of thought of the landowners and the millers and the merchants who are the real owners of the roads, and who pay the hard dol- lars for building them. Railways, as a speculation, are a blunder. They never pay interest on their cost, save where they are protected by foolish legislation, at the cost of the country which they intersect, Railways will be the making of our Western States; but twenty years hence, every road, ex- cept those built on the plan of the Illinois Cen- tral, must infallibly have been in bankruptcy. Gambling and Gaming Houses. Sincethe time when playing cards were invented for the amusement of an idiot king, gambling has steadily followed in the footsteps of civilization. It is the first vice of youth—the consuming pas- sion of middle age—while the veteran of four- score finds his solace at shilling point whist. All over Europe, the mania for gambling, among all classes, is devouring. On the Continent the gam- bling houses are authorized by law, and pay a license. tax to government. At all the German spas the gambling houses are licensed, and are among the chief attractions of each resort. The citizens of the town are, however, forbidden to participate in or witness the games, which are open to visiters. This is an amusing regulation. It,js as much as to say to the gamblers, you may cheat each other and plunder foreigners as much as you please, but the natives are to be protected. You can’t cheat them, because the law will not permit them to give you an opportunity. In London there were formerly great gambling houses, the existence of which was known to and winked at by the police. These establishments no longer exist; but gambling is carried on in the private rooms of all the clubs, where the play is high and desperate. Great fortunes have been lost in a single night. In Paris the laws against gambling houses are very rigid, but gambling is carried on sub rosa to a very great extent. Then the French enter into stock gambling as a matter of excitement and amusement. The mania ex- tends to the women; the reports of Le Folle as to the style of the last new bonnet are not more interesting to many of the Jeau sex than the ac- counts of the rise and fall of fancies on the Boure. In the United States legislative action and cer- tain popular outbreaks have made gambling a dangerous vocation. Still, such is the money power of the great gamblers that they are able to pursue their trade with comparatively little risk. This wouldseem to be a paradox; but, as Hamlet says, the time gives it proof. We need go no farther than the city of New York for that proof. Gambling in New York is a peculiar institution, supported and protected by peculiar influences. We have here as many as two hundred gambling houses, in which four or five thousand persons are direct- ly interested. There is just enough of secresy about these houses to give additional zest to the business which is carried on within their walls. We find them in the upper part of Broadway, following the fashionable movement up town, and the click of the faro box is mingled with the waltz from the last opera when a nabob of the Fifth avenue entertains the other nabobs of the other avenues with a soirée dansante. The wicked always flourish, and the gamblers of New York are not exceptions to the general rule, Their victims come from every class of so- ciety—from the mechanic who throws away his ten dollars per week upon a dicer’s oath, to the millionaire who puts ten thousand upon the wrong card at faro. Efforts have not been want- ing to break up the system and punish its lead- ers. When Mayor Wood came into office he pro- cured nearly two hundred indictments against the gamblers, and used his best efforts to bring them to the bar of the Sessions, The result was no result ai all. One or two were brought to trial—none were punished; nearly all the indict- ments slumber cn the Clerk's caleadar—the dice rattle as merrily as ever—the faro ea dia- monds are still radiant on the side of Broadway-—and gambling is etill the most pro- fitable, if not the most regpectab‘e of vocations, Why, asks the unsophisticated reader—why in this enlightened republic—in this great metro- polis—in this age of progress, civilization, refine- ment—why should these things be? It is be- cause the gamblers are wealthy, acute, powerful. It is because they may be found among the pil- lars of our fashionable churches—the highest bidders upon select pewe—the heaviest subseri- bers to the funds of benevolent and religious + »- cieties—the power bebind the throne, that set up splendid religious houses, theatres, nurseries and hospitals. The gamblers are ostentatious in their alms—they pray, like the Pharisee, at the corners of the streets—they are especially liberal in con- tributing to the support of the widows and o~ phans whom they have reduced to want—they come down most liberally to the Five Points’ Missionary Society—they are careful to put a dollar upon every benevolent card that may pos- sibly turn up a trump. The gamblers have political power, too. They can control about four or five thousand votes; and they are careful never to give these votes to any one party. During the late contest they were divided among the three parties, upon the ground tbat it was doubtful which card would win, and that it was the best to have a claim upon the whole board. This is the policy which the gamblers always pursue, and there vy their safety is insured. If they have no claim upon the Mayor, they may bave one on the District Attorney, or upon one of the Judges, or some other officer—at any rato, they take care to keep themselves safe from the remotest possibility of a dae execution of the Jaw as made and provided by the State Legislature. ‘Their patrons, too, men ceenpying the highest social standinz, are always ready to shield the gamblers, and thereby protect themselves trom exposure. Thus the gamblers are surrounded by Mala- koffs, which the allied moral and legal forces aseault in vain. Their splendid houses rise up in the best quarters of the city—in their ban- quets, furnished gratis to their castomere, they are more generous than the merohant princes of the Fifth avenuc—their equipages daily excite the admiration of the loungers in Broadway— their raiment exceeds in brilliancy that of Solo- mon in all bie glory—they are the most lavish patrons of art—have the best places at the Opera and the softest pews at the aristocratic churches. tottered under the aggregate weight of ten thou- sand Erie and the Brick Church. When the tide ‘The terrors of the law are not for them. The | turned, and these speculators succeeded im buy- criminal code was made, as they well know, for | people without money. They are petted by politicians, patronised by millionaires, adored by the ladies. What are statutes, and Mayors, and policemen, and courts and prisons to them? Abstractions all. Who shall say that this picture is overdrawn? And what a commentary does it present upon the daily life of a great city, which pays such a magnificent premium for vice, while virtue makes shirts for aixpence apiece! Tse New Screme or Prunper.—The Courier and Enquirer of yesterday, in a carefully studied article, intended to wear the appearance of great candor and regard for the public interest, advo- cates a change in the forms of our municipal go- vernment, of a most corrupt and dangerous cha- racter. Stripped of all guises, the proposition amounts to this: that the present Board of Coun- cilmen in this city shall be abolished, and that in place of it shall be substituted a board of five or seven citizens, to be appointed by the Governor, by and with the advice of the Se- nate, to hold long terms of office, and to be “‘li- berally compencated.” The duties of these gen- tlemen are, to act upon the nominations by the Mayor of the heads of departments—upon the appointments and removals of police officers, and “to secure the treasury from a misapplication of its funds,” The results of such a system thus shadowed forth, are assumed to be that the Mayor would have power enough to compel the faith- ful performance of the duties involved upon the heads of departments, but none to do the public any injury whatever. We confess we do not see how. His power is now admitted by the Courier to be eo restricted that no real responsibility rests upon bim, except of the most limited kind. How is it to be increased, when he finds a Board above him with superior powers, whose consent is ne- cessary both to hisappointments and removals, The idea that by merely overlooking the conduct of officials, who are in fact independent of him after they are once appointed, any practical be- nefit is to be derived to the public is sheer non- sense. The heads of departments would find at all times complete protection against even the most well founded complaints. The city would in fact be governed by the wirepullers in the city of Albany, and be totally without remedy, even under the most flagrant abuses. The true object of the scheme is apparent to the meanest capacity. Now that the State goose has been plucked almost bare, the Albany Junta, who have grown rich in the plucking, are look- ing round to see where they can steal a little more from the “barndoor of the Treasury.” ‘The city of New York offers the greatest chances at present for a successful foray. Here millions of dollars are annually expended at the cost of the fleeced public, and there is no power in the Mayoralty to check it. Here are an amount of offices, fat contracts, and opportunities of making money, which are to be found nowhere else in any municipal government on earth. Here, then, is the inviting place for the new operations of the gang of plunderers. Here, with a con- venient Board of Commissioners, who cannot be removed during the terms of their offices, the man who keeps the slate may do his sums with- out the fear of being detected in his figures, and here place his sycophants and followers in unde- served stations of honor and emolument. The citizens at large having no voice in their own affairs, with the bare shadow of representation in a Mayor and Board of Aldermen, will find them- selves governed by rapacious politicians in the city of Albany, with no means of redress at any time, unless the whole State takes up their caus} and by an entire revolution at some future day elects a Governor and Legislature who may then sympathize with them in the hopelessness of their condition. We ask on what principle the people of the interior are entitled or called upon to take in hand the government of the city of New York? Why shall it be left to them to say, in the persons of the Governor and the Senate, how New York shall regulate its internal and its own peculiar interests? Is this Board of Councillors to be more perfect than other Councils which have at times existed under our former constitutions? Have we for- gotten the intrigues, the cabals, the corruptions, which attended the career of the old Council of Appointment and the Council of Revision? Ara these antiquated and exploded absurdities to be re- vived in spite of all experience, and shoved down our throats against our consent? Such seems to be the plan. To give the change proposed a questionable popularity in this city, it is avowed in the Courier that the present Mayor is “ dis- trusted,” and that “the better portion of our community have no confidence in his integrity or singlenese of pi it will not be safe to give him any power, though it is already too much restricted, and ite responsibility is too much divided. This, too, after the people of the city of New York have twice successively elected him to the Mayoralty, in the face of the most determined opposition ever encountered by any candidate for the office. We pronounce the whole scheme of the Courier, thus put forth as afeeler for the benefit of the Albany conepirators and their New York aaso- ciates, a miserable fallacy. It will reduce the city ot New York to the most pitiful dependence on a board of managers appointed and kept in office in Albany, and totally irresponsible to our own citizens, It will reduce the Mayoralty to the shadow of what it is even now, and it will afford opportunities of plunder toevery fresh batch of leeches sent here by the “man who keeps the slate.” It will make the city a suburb of Alba- ny and a principality for Thurlow Weed. It is without the shadow of necessity—without the color of justice. It must be and it will be resisted. GNewsraren Srecutators.—If the recent fail- ure of Mr. Little was a subject of regret to all who appreciated the value of his conservative course in Wail street, there is consolation In the ‘act that it has fully brought to light the charac- ter of the money column of the New York Daily Timer. It has long been known that one of the proprietors of that journal was Mr. Wesley of Wall street; but there were persons who placed credit in the often repeated assurances of its editor that the money column was free from his influence. The recent contest between bulls and bears has blown this theory to the winds, From the period when the contest began, the money article of the Daily Times espoused the bull side with a warmth as conspicuous as the blindness of its zeal. Day after day, it aseailed the bears with threats, warnings, sneers, rhetoric and statistics. Eepecially was it earnest and excited about thirty days since, when, if rumor spoke truly, the house of Wesley & Kowalsxi ing up stock enough to “corner” Mr. Little, and break him, the exultation of the money writer of the 7imes was as striking as his former despeir. Ordinary type was too faint to portray his emo- tions. Double leads evinced, in some slight de- gree, his frantic joy at the escape of Wesley & Kowalski, and the defeat of Jacob Little. He proved, in beautiful language, that the enemy of mock auctions was a monster to be trampled, and that the Peter Funks of Wall street were the only real friends of their country. How car the public continue to place any re- liance in such a writer as this? Why will not Wesley & Kowalski be manly, and sign the money articles of the Times? Why not let it be fairly understood that they “keeps a paper,” as Day & Martin “kep a poet?” There is no ob- jection in the world to their indulging in such luxuries, if they can afford it; but the public should know it, and Wall street should be placed on its guard. THE LATEST NEWS. BY PRINTING AND MAGNETIC TELEGRAPHS, ONE DAY LATER FROM EUROPE. ARRIVAL OF THE ANGLO-SAXON AT PORTLAND. PorTianp, Dec. 10, 1856, Tho propeller Anglo-Saxon arrived here at 9:30 this morning. Sbe advertised to leave Liverpool simulta. neously with the Atlantic, on the 26th ult, but was de- tained in the river Mersey by a dense fog until the fol- lowing day. Her news is therefore one day later than that received by the Atlantic at New York. ‘TriumstE, Nov. 26, 1866, ‘The steamer America arrived hére in 122 houy from Alexandria, which port she left on the 20th inst. The India and Chine mails loft Alexandria on thet day, with advices from Bombay to the 3d of November; from Cal- cutta to the 22d of October ; from Hong Kong to the 16th of October; from Canton to the 13th of October; from Sbanghae to the 8th of October; from Mauritius to the 20th of @ctober, and from Ceylon to the Slat of October. Final arrangements were in the course of execution for the embarkation of the expeditionary corps to the Persian Gulf. The fleet was to sail on the 10th of No- vember. ‘The cash balances in the government treasuries of India are stated by the Gazeti: to have been thirteen million pounds sterling—an inexplicably large amount. At Bombay the money market was rather tighter, and the banks bad raised their rate of discount one per cent, Government and other securities were lower than before. Freights continued high and the import market wae steady. A good harvest was expected from almost al) parts of the interior. Exchange on London, 2s. 2}d.0 Qa. 2344. At Calcutta the import market bad improved. Money ‘was plentiful. Freights to Europe were firm, Exchange on London, 28. 1344. At Madras there was nochange in the prices of im- Ports. Money was very abundant. Exchange on Lon- don, 2s. 144, The rate of exchange at Canton was 4.5344. English © and American firms were withholding dutieson exports — from Foo-Choo-Foo, pendisg satisfaction being given for the murder of Mr. Cunningham. THE BALTIC. Rua, Nov. 20, 1866. Navigation is completely closed. Upwards of 200 ves- sels are frozen up, but steps will soon be taken tocus them out. MILITARY NEWS. The London Globe understands that Major Genera) ‘Windham bas relinquished his sppointment to the com- mand of the Pengal army, and that Major General Sir H. Barnard, now commanding at Sbernclifie, will procee@ to India in his place. COMMERCIAL INTELLIGENCE. Livervoot, Nov. 26—P. M. The demand for cotton to-day was Itmited, aod with a plentiful choice there was considerable irregularity in the Price of staples, ranging below 6),d. per lb., amounting generally to as much as }/d. per Ib, No actual decline, how: ver, is quoted. Tne sales to-day are estimated at »bout 6.000 bales. In bresdstaffs, provisions and *rticles of the markets show ro a ton since departure of the ‘Tho fogiah funds openet 6 iia] but rchares the grad 5 will Pore plenty Deen ing price for consols is same as advised Fowsconen Bamely —04},; a 04'< for account, and 40 94°, Evening, Nov. 26, 1856. rather The Negro Insurrection in Tennessee, Nasuvitie, Tenn., Dec. 10, 1856. There have been rumors current here of an expected insurrection among the slaves, but all is quiet now. There bas been no outbreak, and there is no anxiety felt cn the subject The correrpondent of the Louisville (Ky.) Courier, writing from Hoptinavilic, says that the people of Hop- kinsville deapatched a company of mon to Lafayette, but that they found on their arrival thero that the people were moro frightened than hurt, and therefore they returted the next day, The Southern Commercial Convention. Savanyan, Doc. 8, 1866. The Southern Commercial Convention met at noon to day. The Mayor of Sayaunah took the chair and mado Gn appropriate speech. An eloquent prayer was offered up by Bishop Eliot. Mr. Thaxton, of Petersburg, Va., Was appointed temporary Secretary. Acommittes of one from each State was appointed to report officers and rules for permarent organization. Recens till 4 P. M. About eix hundred delegates are present, representing ten Southern States—Arkansas, Mississippi, Missouri, Kentucky and Delaware not being reprorented. The Pacitic Railroad and Nicaragua will be the ongrossing questions. The project of re-opening the slave trade ‘will be quictly sunk. At the afternoon session Jamon Lyons, of Virginia, was sppointed permanent President, ‘with the usual number of Vice Presidents and secreta- ries. The rules of the Hoose of Representatives wero adopted, and each State is to voto according to the vote of the Electoral College. The President, Mr. Lyons, made & lengthy speech, asserting it to be the wish of the South to maintain the constitution and the Union, but exprese- ing ite determination to be prepared for all fatare con- Mngencies. A commitice of two from eac) S.ate was ap- pointed to prepare business the Convention, Mr, A. Dudley Mann was admitted as delegate and added to the committee on business. Adjourned till Tuesday. A strong conservative sentiment ig manifested in the Convention. SECOND Day. Savawnan, Doe. 9, 1866, The President announced the Committee on Bosiness. Various resolations were offered and mostly referred to the Committee on Business. SOUTHERE NONDS TO NE MADE PAYANLE AT HOME. Mr. Swan, of Tenneseee, offered « resolution that al; bords or notes issued by the Sonthern States, cities or counties, be made payabie in sala States. Mr. Aunnann, of Alabama, opposed the resolation, He’ thought they should get money where they could, and leave the point of payment to the lender, The resolution was referred. ‘STRAMERS TO STRODE, Mr. Paorims, of Georgia, moved that each member sub- foribe one hundred dollars towards a dircet lino of stoam ers (0 Europo, Adopted, but reconsidered and re ferred. RPYRAL OF THR TARIFR, Mr. Betnuye, of Georgia, made along specch in favor ’ of the aboliehment of the tariff, and raising funds to sap- POrt the government by direct taxation, ENCOURAGEMENT OF SOUTHERN LITERATURE, Mr. Knas, of Virginia, offered resolutions depreoating the education of Southern youth at the North, and ad. ‘coating the encouragement of Southern books, newspa- pers ard manufacturers. WEPEAL OF THR TARIFF AND OF THF LAWS ANOLISHING THE SLAVE TRL om, Mr. Govinina, of Georgia, offered resol stions instract. inp Southern Congressmen to vse eflorts to recurs the re_ peal of the tariil ard the repeal of the laws jnterdisting the slave trade, and to prooure a treaty tor the rendition of paver fom Canada. : « ‘There resolutions were Inid om the table by a nearly ‘mons vote, RAILROAD TO THE PacINIC Mr, Moons, of Alabama, offered a resolution ix favor of