The New York Herald Newspaper, April 20, 1858, Page 6

6 NEW YORK HERALD. JaMES GORDON BENNETT, EDTTOR A PRIFTOR, OFFICE BN. W. COMNEX OF FL 2ON AND MASSA BTS. AWUREWENTS THIS RVENING ADADEMY OF MUSIC, Fourteonth st.—-Gnase Coxcwet— | Mosann, Vircxrears THaiseeg, D'ANGR, 49, BROADWAY THEATRE, Broadway... Pu —Pupogise Mrents. NIBLO’S GAAPEN, Broadwey—Ticae Bors Fears —ha | Bovecs ims —1us Gowen how. OF Faswon | BOWERY THEATRE, Bowery—Tus Tanes Fist Mar— WArkocs oF tae GB BURTON'S THEATEE. Broadway. opposite Road strnat— = Genet Teacie Bavty si—Nenvous Man—Mas wrtaour 4 Liman. WALLACK'’® THEATRE, Broadway—Lova Kxor— Sxscomne uw Lepia. yuna KEENE'S THRATRE, Broadway—Tux Sza or om BARNUM'S AMERIOAN MUSEUM, Broadway—Aferno0n —Daram at bia. Bvening~ Tux Hess or t = Wom, WOOMR RUILDINGS, 68 aad 688 Broatway—G Couevr & Woow's Mimeragie—bTuroriasion—Tua Sumam hue MROBARYOR HALL, 472 Broadway—Bavare’s Mevorere ~Brmworus Sorae—Lneax oF Suovmar. 444 BROADWAY —Mart. Pusu's Oawrarre Mrsetraus— es Mrvopie snp Kocentaicrrres—Vinutsia MUMMY, | TRIPLE SHEET. In spite of the depression of business, cxused by the | @manocial rovuisicn of iast year, the basiness of the unaLo Ancreases witheat any drawback or ciminution. Here are | efow facts on that point :— Aggregate Advertisements, Heeigts, 1867. —Week ending April 11..$5,754 23 se % 1868.—Week ending April 20.. 6,860 40 16,784 69 ¢ pace | TODTORBO.. 6 esee cece ee $1,129 12 $1,459 76 ‘These facte indicate not ou'y that the general course aad | management of the New Youx Hensra continue to ro- | Ceive the most substantial approval of this enlightened Coramunity, but aleo prove that the goneral traco is re- viving and spreading in the proper quarters. Wo are not compelled, like eome of our unbappy anti-slavery cotempo raries, to reduce the price of hdvertising, in order to corres. pond with the reduction of circulation, and then to hide our ecvy and chagrin by offering blustering bets ant making Fidiculous agsertions. Asa daily journal, with a c:zcula- j don over the circulation of all the others in this city, the { New Yor Bxmaz iz an institution of the country, a3 per | manent as the constitution and govornment, and even ra much better organized and managed than the laiier, par- tioclariy the legiisiative branch thereof. Thus we go. BAILS F ‘The Now York Herald—Edition for Furope. ‘The Cunard mal) steamship America, Cajt. Wickman, ‘wilt lesve Boston to merrow for Liverpool, ‘The European mails will close in this o'ty at 11 A. M. to- day, to go by rallrond, and at 5% P.M., to go by steam. boas ‘The European odition of the Hxaaia, printed in French ‘and Exgitsh, will be published at ten o'clock ia the morning. Single ecpies, in wrappers, six conta. Sabecriptions and advertisements for any edition of the New York Benaiw will be received at the following places te Furope. — Lospow ....Bamson Low, Son & Uo., 47 Ladgate bill. ‘Am. European Express Co., 61 hing William at. Paus....,. Am. Eoropean Expreee Co. 8 Mace de la Bourse: La swoot..Am. Poropean Express Co. , 9 Chapei street. K Stoct, 10 Exchange street, hast. Bares, ....Am.-Ecropesa Express Co., 21 Rue Corneille. The contents of the Faropean edition of the Hrnair ‘will combine (he news received by mail and telegraph at the office during the previous week, and up to the bour of peblication. THE PACIFIC. MAILS FOR New York Heraid —Callfornia Ealltion. ‘Tos United States mat! steamship Star of the West, Capt. Gray, will leave this port this afternoon, at two e’clock, for Aspinwall. ‘Tee rails for California and other parts of the Pacific ‘Will clone at one o'clock this aerncon. Tee New York Wraxty Hansfo—Callfornia edition— the Intest intelligence from all parts of the world, will be published at eleven o'clock in the morning. Single copiee, in wrappers, ready for mailing, six cette. Agents will piease eond in their orders as carly as pos- the. ‘The News. ‘The steamship Arago, from Marre and Southamp. ton 7th inst., arrived at this port about half past one o'clock this morning. The news is four days later than the advices bronght by the Africa. In London on the 6th the funds were heavy at @ slight decline. American securities were also dull. At the Bank of England the applications for money were moderate, but on the Stock Exchange it was in rather more demand, owing to Preparation for the ual monthly settlement Of eccounts and for the pafment of the first in stalment of the India loan. At Liverpool on the 6th, cotton was active, at an advance of a queter of a penny on the prices current on the sailing of the Africa. Brendstaff: were somewhat improved, both in price and demand. The American bark Petres, Capt. Osborne, bound from Havre for New York, with twe hundred and seventeen passengers, was wrecked on the 5th inst.on the shoals off Chichester. ‘The passengers and crew were rescued, but the vee | te! proved a total lows. The general news brought | by the Arago is of an unimportant character. 1 By the arrival of the steamship Black Warrior we | have news from Havana to Mth inst. Fighteen | Britieh gunboats were cruising around the island of Cuba in order, a+ asserted, to prevent the landing of negroes, but the search exercised by them on Ame rican vessols ix reported a very insolent. A magni. ficent ball was given on 1th inst. on board the Spanish war ship Isabella Li. It was a dazzling scene | of female beauty, diamonds, and dress. The health of | Havana remained good. There was little doing in eugar, and prices had not advanced. Molasses was firm at last quotations. Freights were low. Ex changes had slightly advanced. The election for Sachems of the Tammany Society took place Inst night, and resulted in favor of the Weatchester House people by # majority of about one bandred in a vote of S7&—the largest ever polled at a similar election. There was much excitement in and about Tammany Hall doring the evening. The city republicans met at their respective head: | qnarters last night, and elected their ward officers for the year, together with their delegates to the Young Men's General Committee. All passed off quietly. The news from Washington is interesting Tho Honse Committee on Forcign Affairs have instructed their chairman to report » resolution directing the President to take immediate eteps for abrogatiny the Clayton Bulwer treaty. } ‘The Kansas Conference Committee met yesterday, but adjourned withoot agreeing upon a report. The Committee meet again to-day, when Mr. English, | anti-lecomptonite, wil! propose a substitute for the Tecompton constitution, referring the question of the admission of the Territory under that instrument to a vote of the people of Kansas. If the majority vote for it, Kansas to come into the Union at once | under the President's proclamation; if against 't, then the bill provides for the formation of « new constitution whenever the popmiation there the number required for a member im the United Btatee Honse of Representatives } A report prevailed in Washington yesterday that Vice President Breckenridge was dead. It wae qe- | nerally discredited. Mr. Breskenridge was at New | Orieans at last accounts. | Gen. Harney left Washington yesterday en conte for Utah, where he wil! aeeume command of rrr | place. NEW YORK HERALD, TUESDAY, APRIL 20, 1858.—TRIPLE SHEET. forces tm the event of the disability of Major General P. P. Beith. . In Congress yesterday the Renate adopted a roso- tation directing inquiry as to the epidemic on board the Susquehanna, with the view of suitably ac- | knowledging the conrtesies of the British naval authorities at Port Royal, Jamaica. A bill for the relief of the claimants in the case of the privateer brig General Amstrong was submitted. Memorials from New Orleans, asking for a line of mail steamers between New Orleans and Bordeaux, and for govern- ment aid to the Collins steamers, were presented. The Deficiency Appropriation bill was debated till the adjournment. Nothing of importance transpired in the House. The Philadelphians poured in a flood of petitions praying for the establishment of a mail tine between Philadelphia and Southampton. Mr. Floremece gave notice of a bill providing for cer- tain mail lines between the United States and Eu- rope, and to regulate the transportation of the mails and reduce the expenses thereof. The Police bill Was discussed, hut no aetion taken. The Senste confirmed a large nutaber of appoint ments yesterday. The names of the most important are given in our telegraph despatch. In the State Senate yesterday a bill was intro- duced providing for a three-quarter mill tax and authorizing a joan of half a million of dollars, to be applied to the enlargement and completion of the canals, and defeated by a vote of ten to thirteen. Both houses adjourned at ten o'clock last night. We continue the publication elsewhere of a list of the acts passed during the session. long litigated and troublesome Street Com- ner question is settled at last. The Board of A men last evening decided upon sustaining the Mayor in the removal of Mr. Devlin, and also sus- tained the nomination of Edward Cooper as his suc- cessor. Mr. Cooper was last evening duly qualified, gave the required bonds, and the keys of the Street Commissioner's office were delivered into his hands. The Board of Councilmen were in session last evening, but there was nothing of importance dono save the reception of routine papers. The Board concurred with the Aldermen in favor of disagreeing | with the Fire Commissioners who recommended the €isbanding of Hose Co. 49. The Mayor vetoed an rdinance of the Common Council prohibiting the Harlem Railroad Company from running cars through Grand, Centre end Broome streets and Fourth avenue. Littie or nothing was done yesterday by the Com- mon Council Committees. The Committce on Streets met, but adjourned subject to the call of the chair to give those who were interested in the extension of Chambers street an opportunity of being present at their meeting. The Board of Health held a special meeting last evening, and appointed the Mayor, and Aldermen spedon, Boole ang Starr, and Councilmen Has- , Bickford and Cross, delegates to attend the National Sanitary Convention to be held in Baltimore on tho 2¢thinst. Six hundred dollars were appro- priated to defray the expenses of the delegation. The argument on motien to discharge Smith and Fitzpatrick, who are charged with defranding the city treasury, waa again postponed till Wednes- day, when it will be made before the Recorder, in the General Sessions. In the case of Jacob H. Mott, implicated in the Union Bank defaleation, Judge Davies yesterday de- nicd motions@e discharge the defendant or to re- duce the amount of ball, which jis now fixed at 141,000, x x patil, in another column a list of the names of the officers and crew of the frigate Susquehanna, left in the hospital et Port Royal, Jamaica. It is un- derstood thet the frigate has been ordered to Boston. o Germans have been arrested and committed +i in Buffalo, charged with violating the neu- laws in enlisting men for the British army. itches from British officers, going to show the guilt of the accused, were produced on the exami- nation. The Grand Jury presented a namber of indict- ments yesterday in the Court of General Sessions, the offences being larceay aad burglary, to which the prisoners pleaded not guilty, and were remanded for trial. Thomas Ashford and James Fitzsimmons were convicted of stealing a watch, valued at 4150, the property of James Stuart. Ashford was sent to the State prison for two years, while his accomplice | was sentenced to three years and six months impri- | sonment in the same institution. James Sullivan | was charged by William O'Brien with highway rob Lery, but the jury acquitted him. Bernard Cabill was also acquitted of a charge of assault ond battery preferred by officer Martin. It seemed, from the evidence, that Martin and a brother officer, named | Siccum, both of the Twenty-second ward, made an | unwarrantable attack on the defendant, beating him with their clubs. The Recorder intimated that they could be indieted for an assault and battery Andrew Stockington was convicted of stealing $175 worth of hides from John Hersch, and sent to tho penitentiary for two years. Michael Sicsman and John Newmiller were charged with assaulting George Buckman, on the Sth of February, with a knife. ‘The affray took place ina lager bier saloon in First avene. The witnesses were Germans, and contra- dicted each other so that tho jury failed to agree npon a verdict. ‘The eaies of cotton yeeterday embraced about (00 « 860 bales. ‘The market closed armly on the basis of about 210. for middling eplanda, Flour was in fair request, including ealee for the eastward and for expert, without charge of moment in prices. Whoat was more active, but prices were irreguiar and within the range of rates, ao- cording to qualities. The transactions embraced about 20,000 @ 25,000 bushels at quotations given tm anotber Corn was lees active. Damaged whito sold at Gvc. and damp yellow mt 7%c., and sound do. e760, Fork was firm, with sales of mess at $17 90 0 $18, nod prime at 914 70 a Sid 75, the latter figure for ewa.! lots. Sugars were quict and dull, while sales were corSned to about 200 « 10 bhds. at rates giver elsewhere, Cotte gold to the extent of 400 bags Mo and Bahia at rates g ven ia asother place. The stocks have increased within the past week. Freight engagements wore moderate, whe rates were without chanze of moment in quotations. Artion of Congress on the Clayton-Balwer ‘Treaty. The Committee on Foreign Relations of the House of Representatives have at length made ® move in the proper direction on the subject of the Clayton Bulwer treaty. Mr, Clingman yester- day, from that committee, reported a reeolution authortving the President to take the ncccseary etepe for its abrogation, condemning at the came time both the American and English in- terpretations which had been given to that in- etrument. We presume the resolution will pars beth houses without difficulty, and, as the Preel- dent in bis mestage at the commencement of the towion expressed himeclf in favor of patting an cad to the treaty, ite abrogation will soon be un fait accompli. We have frequently expressed the opinion that it wae « grave error on the part of the government of the United States to enter into any treaty stipulations or conventions regarding Central America, with Great Britain or any other European government. We deny the right of England to erect new colonies on this centinent ; and, as this is a question with us of self proservation, it is consequently not a matter open for anpnegotiation whatever. The excuso made by Clayton for entering into the treaty now on the eve of abrogation, was that it provid- é not only for the abandonment of the Mosquito protectorate on the part of England, but that it lo secured English influence in guaranteeing the perfect neutrality of the isthmus How fer the Koglish government regarded this view is known, But, independent of all this, the eti- pu.stion by which the United States were never to oplenize or acquire an; of Ceatral Amir’ is of the most pA se nd character, ¢ | Gad in itself ie suficlent to warrant the speody abelition of euch a treaty. It la violative of overy principle of our political existence that we should bind ourselves by treaty stipulations with any Karopean Power as to what chall bo our territorial limits, That is a question en- tirely between ourselves and the countries ad- joining us; and nothing but the most intense stupidity on the part of eur scidisant states: men, and the most exuberant etook of brass on theside ef the British diplomatists, could have succeeded in placing us in the position which even # proper interpretation of the Clayton- Bulwer monstrorlty docs, of pledging ourselves to observe the territorial limits Faglend chooses to dictate. Let this treaty, this convention, which owes ite origin to the folly of a former Secretary of State and the ehrewdness of Sir Henry Bulwer, be at once blotted out of our statute books, and no aiiempt made to substitute any other arrangement with England in its place. The poliey of the United States is for free and unia- terrupied commerce with all foreign couxtries, without the aid of triangular treaties; and its destiny, in time, is the absorption of the whole North American continent, and the spread of industry, intelligence and commerce despite ali the single or double-headed missions which Eogland may employ to prevent it. Pay of the Odiicers of the United States Army and Navy, A popularidea prevails that the officers of the regular army of the United States are very inadequately paid. The Army Register, ss usually published, helps materially to encour- age this opinion; for the ameunt of pay is only given, and then some columns stating how many rations, servants, Ac., each rank is en- tilled to. To acivilian this conveys scarcely any idea of the absolute amount paid, for it never occurs to the public that the “pay,” in uearly every instance, isnot a quarter of the reai salary received. Thus we find the pay of colonels but $1,140 a year; lieutenant colo- nels, $960; majors, $860; captains, $780, and so on. A recent resolution of the House of Repre- sentallves, however, has caused the War De- pariment to transmit to Congress s “transcript of the official Army Register,” which shows the gross amount paid and allowed to each officer in the service for the past year, and we are thus enabled to see how much trath there is in the oftrepeated assertion that the service is so poorly paid. Major General Scott (Brevet Licutenant General) drew last year £3,240 a8 pay, $11,688 for rations, which, together with servanta, forage, Ac., made a total of $18,292 18 Brigadier General Wool received for the year $8,854, end Brigadier General Persifer Smith, $8,189. We give their lineal rank, for which they receive pay—not the brevet rank, which is merely honorary. Adjutant General Cooper, with the rank of colonel, received a3 pay #1 520, rations $2,190, which, with servants, Xe., made $5,093 27. The licutenant colonel received $4,992 94, Major McDowell $1,020, and the captains from $2,000 to 2,600. Colonel Totten, of the engineera, received for the year $4,618, whilst one of the Meutenant colonels of the same corps drew $5,761. The majors of en- gincers vary from $3,752 down to $2,606, and the captains average about $2,500. A first lieu- tenant, whose nominal pay is $689 96, runs up his allowance so as to draw out $2,033 59; whilst a second lieutenant, with yearly pay of $639 96, manages, under the regulations, to re- ceive, in nine months, $2,523 74. Colonel Har- ney, of the Second Dragoons, received $1,416 12 “pay,” $2,074 10 for rations, $702 36 for ser- vants, $6 0% for “fuel” (rather a emall quantity of fire to cook so much “ rations”), $45 33 for “straw,” and a total, for the year, of $5,031 64. | Major Charles A. May, of the same regiment, received $3,519 52. The general average of the “ pay,” and the important “ Xc.,” appear to be—colonels, $1,500; lieutenant colonels, $4,000; | majors, $3,000; captains, $2,500; Meutenants, $2,000. For some reason, not explained in the Register, some of the officers of the several | grades received much more than others, whilst in other cases officers of superior grades are ect down as receiving less than those of inferior rank. ‘Vo properly appreciate the pay given to the officers of the army it is only necessary to con- trast it with the pay received by officers of the navy. The officers of the navy receive nothing in addition to their pay, except the same ration which is served out to the sailor. Tho only dif- | ference in his favor is, that he has not to find “quarters” when on duty, but when not on duty he not only has to find his own quarters, but his pay is also reduced, which is not the case in the army. Let us see, then, the amounts each grade draws yearly from the treasury, giving the approximate rank»— ae 10 + 2,000 from this table that either the officers of the army are paid too much, or that the officers of the navy receive an inadeynate compensation. The margin is so great, the dif- ference eo entirely disproportionate, that it is very probable the pay of the navy might be sensibly increased, so us to bring about something Ike a just compensation in euch servicn We are in favor of paying liberal salaries to the ofiicers of the army; but we are oppoxed to the ryetem by which they nominally receive emall ralarics and swell them to three or four times the amount by cxtras and perquisites, anknown to any other employcs of the government. The attention of Congress should be directed to this abuse, which has probably existed up to this time through the lobby management of the crowd of officers who infest Washington daring every seeeion, and the absence of a knowledge of the facts by the publie generally, It is evident Tie Acquisition ov Ovva-A great deal is raid in the newspapers of the extreme deeire of the President to acquire the island of Cuba, and numerous rumors arc afloat in this conneo- tion concerning the plans and purposes of the administration. Among the latest is the re port that a double headed Cuba mission is to be appointed, to consist of Mr. Slidell for Paria, and Mr. Belmont for Madrid, who are to work together for the purchase of “the ever faithful island,” without much regard to the cost. We euspect, however, that Mr. Buchanan is in no particular hurry upon this matter, and per- haps he would do well to wait the upshot of General Concha’s project of declaring and establishing the independence of Cuba That plan, if carried out, would solve the question beyond peradventure, In the meantime, the politicians need not distress themselves con- cerning the deeigna of the President in this di- rection. He will doubtless watch his opportu- nity, but he will algo bide his time Seized, we. enspect, with the State constita- tion fever of R.snsas, and fully impressed with the healing virtues of “popular sovereignty,” our lawmakers at Albany have decreed that if the good people of tte State of New York de- sire to patch up into a better shape our present rickety organic State law, thoy have only to eay 90, and the thing shall be done. In other words, a bill has been passed by the Legislature authorizing the people, in our coming Novem- ber election, to vote yea or nay upon the ques- tion of a new Constitutional Convention. If yea, then they will next be called upon to olect delegates to the Convention, whose duty it will ‘bo to make such amendments of our present State conetitation as experience shall have | chown to be expedient and desirable, We hope that the Convention will be ordercd—that a body of sensible men will next be elected for the work in hand; and that the Convention, thus constituted, will make some radical changes in our present fanda- mental State law. As it now stands, it is but a crude sod imperfect machine—works badly, is ruinously expensive, and productive of a continually increasing echedale of corrap- tions and rascelities of all descriptions, great and emall. Its departures from the simple and practical model of the federal government have cost the State within the last ten years perhaps not less than ten millions, and this ox- cessively taxed city not less than ten millions of dollars, of which no eatiefactory account can be given. For example, the executive depart- ment of the State, and the executive depart- ment of this city, instead of being distinct aud independent of each other, as between State su- premscy and municipal sovereignty, have be- come so mixed up and confused that wo can neither find the head nor the tail of State juris- diction or municipal rights. The general im- pression is that the Mayor is our chief munici- pal executive officer; but from the clashing pro- ceedings in the Street Commissioner case, for instance, between the Mayor and the Governor, the executive functions properly belonging to the Mayor and the Corporation aro to a great extent subject to the will of the Governor. Again, even 0 far as the powers of local ju- risdiction are allowed to our municipal autho- rities, they aro £0 cut up between this and that officer, and this department and tlrat, that the Mayor is practically disposeessed of any efficient margin of authority, while the several departments of our Corporation are, for all the purposes of roguery and corrup- tion, most conveniently relieved of any special authority or responsibility. All this should be reformed. We should have a Mayor clothed with a degree of executive power sufficient to make him, in reality, the chief magistrate of the city ; and his powers, and the municipal func- tiona of the city, and respectively of all other cities and towns end countics, as contradistin- guished from the executive powers, rights and duties of the Governor and the State, should be clearly defined. A joint committee of six, of which four are appointed by the Governor and confirmed by the Senate, for the municipal government of two or three cities and counties in the lump, ie certainly more than we con- tracted for in the constitution of 1816, Next, the system of electing the Judges of our Courts for short terms, by the people, has proved s most ruinous departure from the safe old system ot an independent judiciary. Of all the humbugs of * popular sovereignty” run into the ground, this has been the most demoralizing in its effects, and the most disastrous to law and order, We must return to the old system of appointing our Judges for a long term, or during good behavior, before we can expect {an independent administration of the laws; for, 80 long as the election of our Judges is dependent, from year to year, or every two, three or four years, upon rowdy politicians, Short Boys, Dead Rabbits, and euch cattle, so long will rufianism and crime (with here and there an exception) ride roughshod over us, and laugh | at and defy our impoient mockeries of justice, Another thing is urgently called for, In view of the numerous frauds which, under oar ox- | isting loose and fraud-encouraging system, are annually perpetrated at our political elections— | and this thing is a Registry law. The political | jugglers at Albany, of all parties, from time to time have made a show of attempting some such law, but they always contrived to fail. But let such a law, clear and strong, be engraft- ed into our State constitution, and while all partics will be compelled to respect it, they will | be robbed of the power of tinkering it into a nullity. With theee views, wo are decidedly in favor of a new Constitutional Convention. Un- der our present State charter, our government, State and city, is neither fish, flesh nor good red herring. Its distinguishing fruits have been spoliations, embezzlements and squabbles among the epoilsmen over the public money, and a general license to roguery, corruption, ruffian- ism and crime. Oh, yes, lot us have the Con- vention. Ay “Enxnon iv mim Brt.”"—The musical writer of the French daily, being out of tune with the little Napoleon of Irving place, takes up a great deal of time and uses a great deal of space in endeavoring to show that when he (the writer aforceaid) was excised from the free list at the Academy the sacred liberty of the press was invaded. Now, our Gallic friend is quite right in his first position, that the manager ought not to shut him out of the Academy because his articles are upalata- ble, if such is the case; but his conclusion that he is a martyr to tho cherished principle of the liberty of the press is illogical and absurd. In this country the press is perfectly free, except eo far that the law restrains the journals from assaults upon the private character of a citizen or sojourner. Everybody is free to manage his own affairs in his own way. Everyone is sove- reign—a despot as far as his own businces is concerned. The Kansas doctrine of popular sovercignty Is carried out to the fullest extent. If a critic docs not like a director he has a right to say #0 boldly, and the director has the same right to withhold free tickets from the critic. If any one docs not like the Opera or concerts, he has a right to set up new enterprises of the same kind; if he does not like our French friend's articles, he hae the moxt perfect right to establish a newspaper for himeelf and to write tll the articles We cannot seo how anyone's liberty to do aa ho pleaes can be infringed in this country, and fail to perceive the weight of the conclusion that because a writer does not have free tickets to the Academy, therefore the Ilberty of the press is menaced, the bill of rights ignored, the constitution set aside, and the Union in danger of diw#olution. We think we shall manage # go on for a week of {vo more, at any rate, Winanctal Frouds—Shovdd they be Panisted > Tho indictment of Thomas Allibore and another director of tho Bank of Penrsylvacia on 8 charge of the back and its stockholders will, if the enit be carried through with skill and vigor, prove a wholesome example to the rogues of that State. The re- port of the State Commissioners left ne doult of the fact that the affairs of the bank were grosely mismanaged under the presidency of Mr. Allibone, and that on certain occasions the negligence displayed by the President was closely allied to fraud. Still, thore is no reesom to believe that bis conduct in his oMoial capa- city was unprecedented ; aud in view of the lorge number of persons who—to say no more— have it in their power to defraud in the manner charged upon Mr. Alliboae, his trial will bea matter of genera! congratalation. In England, it is found necessary to try some of the most prominent commercial rogues every few years. Within tho past ton years, tho air of London has been purified three or four times by the trial of managing directors of railways, banks, and other corporate bedies; and in Kogland juries havo a way of finding rascals guilty. The last Instances of the kind whioh have ocourred have been the trial of the direo- | tors of tho British Bank, and that of Strahan, Paul, and Bates, the baukers who were traus- ported: im both cases the prosecution, which was based on ample ground, wes suc cesfal, and the guilty were punished. All accounts concur in stating that these trials had a most beneficial effeot; as indeed the spectacle of a man of education, refinement and high social position like Sir John Dean Paul, reduced to mess and bed with housebreakers and plokpockets, on board a conviot ship, could hardly fail to prove. ‘The inquiry naturally suggests itself on read- ing of these correctives to fraud, why is nothing of the kind ever attempted here? It is not in rising country towns like Philadelphia that the great awindlcs of the day are contrived. They are hatched and executed here, in the heart and focus of the commercial, financial and intellec- taal movement of this country. Nineteen- twentieths of the great enterprises of the day seo the light here. All the great banks aro here; most of the railwaye have their head- quarters here; thisisthe great centre from which radiate all the schemes which ecrve to develope the country or to swindle its inhabitants. If there be a spot in the United States where the law should occasionally assert its power to re- press fraud, this is surely the place. Yet here, in contrast to every other finastocial and com- mercial centre, the law never does interfere, and tho air is never purified by the detection, exposure and pualshment of s stray rogue among the numbers that infest the place. Perhaps the phenomenon is explained by the general failure of justice in New York When we cannot convict forgers, incendiaries, housebreakers and murderers, it is perhaps too much to expect that we should be able to send slippery financiers to jail. It might prove however that the financjer had fewer friends on jury duty than the murderer. One thing i# certain: frauds abound. To pass over the subject of bank frauds, upon which we have repeatedly animadverted, the frauds which have been committed in this city in con- nection with railways at the West end else where, within the past four or flve years, have been enormous, and scandalous. Ever since Schuyler was detected in his over-issue of New Haven railway stock, disclosures of as deep a moral hue have been coming to light every few months in the affairs of other railway com panies. Last year there was an unauthorized issue of Southern Michigan and Northern In- diana Reilroad stock. Two or three years ago there was an “error” of over s million In the accounts of the Erie Rallroad. Vrauds of a most glaring character have from time to time been developed in the management of several of the Western railroads, especially some of the latest built and least known in our stock mar- ket. Why should not aa effort be made to try whether our laws cannot be brought to bear on those who contrived these frauds aad those who profited by them? It is evident that euch financlering as wo have witnessed only too often in our railway experience works grievous injury. It has proved almost ruinous to every one who held railway etock last year, and it has unduly and most seriously injured our railway credit abroad. Why should the knaves who did all this mischief escape? With what appear- ance of consistency can wo punish the pick- pocket who steals a handkerchief, or the Peter Funk who commits a swindle for five dollars, if we suffer these magnificent railway rogues, who rob by the million, and rain publio and private credit together, to esoape scot free? ‘There are frauds which the law cannot reach. The finger of scorn is pointed at two or three notorious individuals, who become directors in railway companies for the purpose of acquiring a knowledge of secrets which they retail in order to depreciate the stock, while they sell it for a fall. Tho law has presumed that no man who could in any way mako an honest living would stoop to such paltry baseness, and has provided no punishment for it. But the case of individuals who, in a position of prominence and respectability, uses that position for the purpose of defrauding their associates or the concern with which they are connected is widely diferent from this: it falls within the purview of our statute against obtaining money under false pretences, and could be handled very simply by an experienced lawyer. Will no injured stockholder in struggling railway make aa example of some knavish direotor? Tux Cawrnat Parx.—We publish today a description of the Central Park os it now pre- sents itself, and the amount of work done so far. Until the Commissioners adopt some plan for laying out the Pork the work cannot pro- gress We believe they have had before them for eome time not lees than thirty-three plans; but, aa we are informed, they sit with closed doors, so that the public know nothing of what they are doing. It is @ matter of no small importance to select a plan which shall be in every way suitable to the location of the ground and the require- ments of the public, and it needs rauch taste, judgment and a thorough knowledge of the ne tural features of tho [poality to accomplish tt successfully. We hope the Commissioners have not neglected to make themulves acquainted with (ho featares of the Park; though we have heard that soma tf them have not taken much, paine to dose. Nature has farnished some f.a0 materials for ® eplendid park; let the Commis sioncra eee to It that art does not mar them. Above all, we hope that in constructing the new reservoit they will not enclose it within bero atone wills, like the one now withip the Park You dary, which is au cycsore not to be ca- dared, The rovervoir ghould be caclosed by aw earth ea tbeokment, laid out in terraces and well plaated With low ehrabs, over which the fino sheet of @,*er may be seen from all the emi- nences in the Park. The sketch we give today will be found & teresting, Tar Revress- OF Rep Reevsitoansm.—We bave had lately ravivele of religion, revivals @ trado, and, im foot, 1 Boceral revival of everye thing but politics, wh ‘oh have been dull enough. Now tho amfable adma “ers of Oreini, Pieri and the other assassins of & '¢ Rue Lepeiletier aro going to give us a rovia A of red repubiloan- iom in the shape of the @ ™onstration in me- mory of those unapprest, ted patriots, This affair, which is to take place °° Thursday, is to be gotten up in the mest sau “nary and blood. thirsty manner, with all corts a “terrible devicog, transparencies aud banncrecalom ‘sted to strike a great smount of terror torthe hem “ts of the Pope of Rome and the Emperor of tite euch, if they could only see them. At first: ise Vas intended to bave a great transparency repree enting Or- ' gini avd Pierri, with our Saviourim’ ‘be centre, But this idea was abandoned, becam ' it was suggested that the spies of Napoit, 02 snd the Pope would say that @ Was not the frat time that Jess 4 *hrlst had been between two thieves, and the ara "6° ment was altered co as to put Orsini and PA eet first. There is also to be o lay figure repreaa ing Louis Napoleon, which, after being drapga @ through the streets, is to be guillotined @ ' hanged to a lamp post. Other cheerful featusem will be found in the procession, and perhaps there may be found a representative of the Goddess of Reason, after the style of the first French Revelution. The editors of the organe of assassination will of course have a prominené place in the proceswion, as well as the philan- throplsts of the Five Points and the roughe who exckange pistol shots in the barrooms. Alte> gether it will bes very sgrecable demonstea- tion, spd mey serve to revive red republicem ism in this city. It has teen gather shaky of late, the consequence in part of the stringency" in the money market sad the profound indifie- rence of the public, which f not sanguicary er biccdthirsty as a general thing. Indeed, there are people who are so far lost to all sense of w love of liberty in the abstract a8 to pronounce the reds humbugs, snd to say that what isdome by the Emperor of the French is no affair of ours. Itis barely posible that the coming de- monstration may do awny with this terrible apetby, and cause an earthquake of patriotiom that will shake every throne in Europa. We advies the crowned heads to keep a sharp leok- out, or they may be throttled with a peppery letter, or knocked to pieces by @ battery of manifestoes. Tax Exancirarton Acrration iy Missowme. —Some of our Southern exchanges are mak- ing @ dreadful outery over the emamol- pation agitation in Missouri. But what of it? Should this agitation result im the abolition of slavery in thas State will & dissolve the Union ‘—or reduce tho price of nig- gers in Virginia t—or wither up the cotton orep of Georgia’ Notabitofit The question of slavery or no slavery is a purely State question, At the outset every Siate in the Union was @ slave State; but in one sfter another of the States where slave labor “could not be made to pay,"’ slavery has been abolished; and under the same rule, when it Is discovered that feee white labor pays better in Missonri than black slave labor, slavery must buck out. That is all, Thus, very likely during the present genera- tion, black slave labor will be superseded by the overwhelming pressare of free white labor, not only fn Missouri, but also in Kentucky, Vie- ginis, Maryland and Delawaro; and against any of these States adopting free white labor in lice of slave labor, no legitimate complaiat caa be made. It is purely s matter of State policy amd State sovercignty. But while State sovereignty and the law of dollars and cents have regulated, and will regulate (he metes and bounds of slave labor, the same law of the almighty dollar will keep the Union together, beowuse North and South it pays. Niggers or ao niggers, the Union {s seouro while it pays, but slavery ie equally secure where It pays. Let Missouri ge abend and do as she likes. She cannot chaage the climate of South Carolina.” Cosvsion Wouss Cosvouspno—The Kensew joint Committee of Conference. Read our Washington reporta. Why don’t the committes report to the two houses that they cannot pos- sibly agree, and ask to bediecharged’ Whee one expedient is cahousted, why keep us walt ing. Let it be dropped, and let us have another experiment; or if nothing caa be done with Kansas in any shape, tet it be so anderstood, and let the two houses procced to adapt the heavy expenditares of the fiscal year to the silm re celpte, if they oan. The solvency of the tree sury is a question which ought not to be ea- tirely ignored by the syuabbling nigger agite- tors of Congress. City Politics, RLRCTION OP BAOHEMS OF THE TAMMANY SOCcraTY— THE WESTCHESTER HOUSR CLIQUE TRIUMPAANT— UNPRROBDENTED BXOITAMENT AROUND TAMMANT MALL—MAYOR TIEMAN IN THR OLD WIGWAM, RTO ‘The annual ciection for the thirteen Sachems who com~ troi Tammany Ball, and through it the democratic party of this city, teek piace Inst right under circumstances of unusual excitement, Tho two cliques, one of which hadl- 4 from the Mercer House and the other from the West- chester Tiouse, each have beem drilling their forces fer weeks back, and the moet prodigious efforts were made te infwence voters. Men who had not been seen in Tammany f A f i ey HH HE if 3 is fs: i ? i WEeTOHReT", Andrew B. 4 0 Le Taaae V. 4a os C1 Eijah F. 239 ‘5. 19 Reward, 6 Gideon 138 Jovep’, 228 Al 1% L pony 238 James dae tas S jaca ‘George Cartes 4. ise Thomas James 8. Libby wi Pateick 221 Michael Tuomey. im Toomee Sal denne Wem. 4 Sool 229 Joseph Rose Cnaper ..229 Hoary D. Johnson...,..L18 8. «5 007 Garles Mills. George x Boretio N. Parker,