The New York Herald Newspaper, May 6, 1858, Page 8

8 NEW YORK HERALD. JaMBS GORDON BEVSETT, EDITOR AND PROPRIETOR GOYFIOe &, W. CORNER OF FULTOM AND NASSAU BTS PHRIET, cask tm odramee THR DAILY HERALD. tee conte per cams OL 9g enmam FUR WREAIS DEKALD cory Super lty at 4 Py, annua; the European adition, 1 Oe or riasén, or $3 to any port of the Contencnd, Boch FEE FAMILY RERALD, every Wednesday, af four conte per ORT ENTIRT CORRESPONDENCR, containing nated from ony quarter of the world; ¢/ weed v4ll be, Moe rally paid for, @g-OU¥ Foxrigh CORRESPONDENTS ane Par WOULsKi.F Regogsreo To al: LETTeRs asp Puccsces Barr cs. INO NOVICE taken of anonymous correspondence. We do not return those rejected. JOb PRINTING execwied with moatness, cheapness and des Volume XXIII. AMUSEME! WIBLO'S GARDSN. Brosdway—Tax Tice: Rort Fears- iaean Monsren. THIS EVENING. Comrmasanpist— : ACADEMY OF MUSIC Fourteenth at —Granp Concent —Mosanp, Forums ap oruze Distincuisuep Antists. BOWERY THEATRE, Bowery—Hauust—J ack SusrrasD —Hreouras. BUBTOo'S THEATRE, tres we: Caanias XI—Noruina to Nonse— WaLLASK'S THRATRE, Broadway—Lovs Kxor—Swiss Bw aine—Konpnt MacarRy wATRA KeRNE'S THRATRE, Srovdway—Biaxous oF Basrorwing BARNGUM’S AMERICAN MUNK(aM. Brosdway—Aferncom —Woman—Inism Asscwanex ax Yaneus Movastr, Bvem fmy—suivn oF AN BvENING. poatte itond atrect— uch Live BeLow Stains WOOD'S BUILDINGS, 561 and 668 Brosdway—Ezmioriax BonGs, Damcas, &c Tas March Kina, MECHAFICS’ HALL, 673 sronaway—Buvany's Minera mis —DeGko Bons AND BoRLESQRS StaND THR STORM, 44 BROADWAY —Marw. Psas'e Camrnaci Mixeremis— Bewsvoriax Maonre: xp Dancas—Danaar's Daman. QUADRUPLE SHEET. Sew York, Thursday, May 6, 1856. ‘The News. The steamship Kangaroo, having been accepted | by the Postmaster, will take the European mails on | the Collins day, Saturday, the 8th inst. In the Senate yesterday the joint resolution, which had been laid on the table, authorizing the President to obtain by force, if necessary, satisfaction from Paraguay for outrages committed on our flag, was taken up and adopted. It will, undoubtedly, also pass the House. A joint resolation giving to the family of Capt. Herndon, who was lost in the steamer Central America, $7,500, equivalent to three years’ pay, was also adopted. The West Point Academy Appropriation bill was passed. The discussion of the Fishery Bounties Repeal bill was postponed, owing tothe illness of Mr. Hamlin. A resolution calling for information as to what steps have been taken to protect American interests in Tampico and other ports of Mexico during the present disturbed state of the republic, was adopted. The bill for the admission of Oregon was debated till the adjourn- ment. During the debate Senator Donglas gave the republicans to understand that he did not affiliate with them upon any other subject than the Kansas question. In the House yesterday a French spoliation bill— the one vetoed by Gen. Pierce—was reported by the Committee on Foreign Affairs, and its consideration was postponed till January next, which effectually disposes of the subject for the present session. Mr. Clingman, the chairman of the Committee on For- eign Affairs, éelivered a speech on the Walker and Paulding affair, the Yrisarri and Clayton-Bulwer treaties, the coolie and slave trades, Cuba and NEW YO At this rate the emigration for the present year will be less than 30,000. The investigation in the case of Wm. Fuller, charged with endeavoring to negotiate a forged draft for $5,000 on the General Post Office depart- ment, was continued yesterday, be/ore United States Commissioner Betts. The principal feature of the testimony was a curious discrepancy between the description of the draft presen ed by Mr. Faller to Mr. J. B. Murray, as made by Mr. Murray’s clerk at the time of the presentation, and the paper which is now proven by the prosecution to be a forged draft, and alleged to be the same document pie- sented by Mr. Fuller, A large number of prisoners, who were indicted by the Grand Jury, were arraigned yesterday in the Court of General Sessions, and pleading not gulity, were remanded tor trial. Daniel Cunningham was | charged with the murder of Patrick McLaughiin alias ““Paudeen,” and pleaded not guilty, He said he had engaged eminent counsel, and his trial was set down for the 17th instant. Daniel Eccles and Alexander Ross were tried for a felonious assault upon Wm. H. Sackett, on the 28th of April. Eccles, in company with the other defendant, demanded payment for gas fitting, and upon being informed by Mr. Sackett that he was not the party engaged to perform the work, struck him on the head with a pair of pinchers inflicting a severe wound. The jury convicted Eccles of an assault and battery, and ac- quitted Ross. Sentence deferred until Saturday. Judge Russell stated that unless counsel for the pri- soners gave legal excuses for the postponement of cases, they would be tried as soon as indictments were found; observing that the administration of criminal justice in this city to be efficient, must be prompt. Wm. Hutton alias John Miller, a notorious burglar, pleaded guilty to burglary in the third de- gree, and was sent to the State prison for five years. His Honor remarked that this was one of the most desporate burglaries ever committed in New York, the prisoner and his accomplices after having ef- fected an entrance to Messrs. Dater’s store, blew up the safe with gunpowder, and stole $280 in money. In striving to escape from the officers, they fired re- | volvers. Miller was pardoned by Governor Clark, | under the name of John Smith, and has served two terms in the State prison. The receipts of beef cattle at the various yards during the past week amounted to 3,063 head, an in- crease of 224 head as compared with the receipts of the week previous. The large supply and the in- clement weather caused a dull market, and prices of all descriptions deelined. The quotations ranged from 7c. to about 10c. per pound. Cows and calves were in moderate demand at $20 a $60, according | to quality. There was a heavy supply of veal calves, | and prices declined 4c. on all qualities, the average rate being 5c. per pound. The receipts of sheep and lambe were also very large, and, with a compa- ratively inactive market, prices declined; $2 50 a $6 50 were the extreme quotations. Swine were plentiful, and a decline of 2c. per pound, as com- pared with the rates ruling at this time last year, is reported. The cotton market was inactive yesterday. Buyers de- manded some concession, which holders were unwilling to meet. The salesembraced about 5(0 bales at about the range of quotations given in ancther column. The flour msriet was again inactive yesterday, while inferior ‘and common grades of State ani Western were easier, and extra branda were without change of moment. Ca- nadian was heavy aud sales moderate. Southern was in fair demand from the local trade, with some purchases for shipment to the West Indies. Wheat was heavy and cheaper, while sales were limited. Corn advanced from lc. to 26. per bushels, while Southern sold at 72c. a 73c. and yellow do. at 73¢. a 75c. Pork was rather more firmiy held, with sales of mess at $18 250 $18 50.and of prime at $14 700 $16. Lard was less buoyant, and sales wore limited, while prices were easior, Sugars were firmer, with more doing. The sales embraced about 1,380 huds., Bt. Domingo. His remarks are regarded as semi- official declarations of the foreign policy of the administration, and our report of them will, therefore, receive that attention the importance of the topics discussed demands. The debate on the Minnesota admission bill was continued. In com- mittee the General Appropriation bill was debated, and the bill was finally reported to the House. The reappointment of Mr. John J. Cisco, as As- sistant Treasurer at New York, was confirmed by the Senate yesterday. The Board of Edacation were in session last even- ing. A resolution providing that all the schools within the jurisdiction of the Board of Education be opened by reading of a portion of Scripture, was defeated by a vote of 13 to 10. This resolution was offered with a view of counteracting the action of the school officers of the Fourth ward in exclading the Bible from the schools of that ward. A resola- tion directing the City Chamberlain to place $50,000 | at the disposal of the Board was carried. The other business done was of little significance. The steamship Cahawba arrived yesterday morn, ing from Havana with advices dated on S0th of April. Mr. Ot British Minister to Mexico, ar- rived there on 27th ultimo. He received much attention from the Captain General, and left next Gay for Vere Cruz. Consul Blythe had investigated the facts connected with the recent seizare of the American schooner Cortes by a British gunboat, and finds that it was a high handed and daring per. version of the right of search. A portion of the crew who would not swear the vessel was a slaver | were put on shore, and the property taken is valued, all told, at $66,500. Two vessels had landed seven bundred and twenty-seven coolies, having lost two bundred and sixty by death on the passage. Twenty- | one thousand five hundred and sixty-six coolies had teen landed since 1455 to date, and three thous..1 seven bundred and ninety nine lost in transita. One } thousand three handred and eighty five Yucatan Indians have been sold in Cuba since the year 1853. Sugars were held firmly. Preights coastways had slightly improved; large vessels were abundant in port and not easily placed. Exchange on New York was at par. Yellow fever had appeared amongst the shipping at Havana Capt. Bylvester, of the brig Hanson Gregory, which arrived yesterday from Swan Leland (Carri- bean Bea), reporte tha on the 26th ult Havana, he wae boarded by a boat from a Span war steamer who was in pursuit of a slaver rep’ to be off the island three days previous. Capt. Sy veater brought home three seamen of the brig Nar ritiske, recently wrecked at Swan Island. Advices from Tampico, Mexico, of 21st of April state that the city was «till beseiged by General Garza with seventeen hundred men, and defended by about six hundred troops in better condition than Garva's. We bear nothing of the Santanista prison ers taken by Garza. Armed men are being regularly drilled at York town, De Witt county, Texas, preparatory to an irruption isto Northern Mexico. We publish to-day a copy of the official call made by the Congress of Ban Domingo on President Baez for & surrender of bis authority and that of the city into the hands of the people. He is warned that he will be held to account for any blood that may in future De shed in & vain endeavor to aphold himself in office. ‘The desertions from his army and even his personal taf atill continued The Mayor's police squad made a foray on the | gamblers on Tuesday evening, and succeeded in Captaring & number of be, and a large quan- tity of implements. An adtieint of the affair, toge- ther with the subsequent legal proceedings, which led to the discharge of several of the accused, may be found in another colamn | ‘The West Washington Market men held another | meeting yesterday with regal to their leasen It was agreed to contest the claim of Messrs. Tayior & | Brennan before the courts, and in doing s they are | nasured of the co-operation of the gity authorities, Another meeting will be held this afternoon ‘The Commissioners of Emigration met yesterday ‘without, however, doing any business of public inte rest. The arrivals of emigrants te this port for the present year, up to yesterday, were 12,497 against when off | ated by at rates given in another column. Coffee was quict, and sales were unimpertact, while prices were about the came. Freights were again firmer. To Liverpool flour wae taken at 28. 4i¢d. 0 Qs. Sd., grain at 6i¢d. 9 6X. for wheat on the spot, and at 7ig¢d. for a bin at the close of pext week; and cotton at 6-324. ‘The Gouthern Press on Financial Centres. We netice a couple of articles, one in the Richmond Pnguirer on the subject of an association of the New York city banks, the other in the Charleston Mercury on the re- sumption of the banks of that State. The lat. er journal, which, as every one knows, is dis- eased on the subject of the dissolution of the | Union and the formation of a Southern con- | federacy, considers that the revulsion “was another of the agreeable incidents of the Union,” | in which the South was “convulsed by its con- nection with the North;’ and, with hard. hearted cruelty, goes on to argue that, however vitally important it may be for the interests of the North that the South Carolina banks should resumé specie payments, and whatever embar- rasement their present state of disgrace may cause to the great mercantile interests of this section, the bankers of the South should keep ever in view their private duty; in a word, | “should resume when exchange is about to be in favor of the South.” We have no objection to say that this ts about as sensible a sugges tion as we have ever read in the Charleston Mercury. Resuming before the exchanges were | in favor of the Charleston banks would have been about as difficult for those promising in- stitutions as it is fora man to ride on horse- back without e horse. We bope, therefore, that their managers will follow the advice of their | newspaper counsellor, and will not resume be- fore they can. As to this section of the country, } we w''l bear up against a prolongation of the | Scat) Carolina bank disgrace. We are a people of gv at fortitude in this meridian, and we will nerve ourselves to endure # few weeks more ; agony. Hitherto our banks have gone on bravely, just as if there had been no trouble at Charleston; of course this was all affectation, but we will try to keep up @ semblance of case and indifference a little longer. Don't let the Charleston bankers worry themselves on our account. We will bear up. Our other Southern monitor, the Richmond Prqairer, is not pleased with our suggestions In favor of an association of our city banks with a view to give a tone t and take the lead of financial transactions throughout the confede- racy. That journal singularly mistakes the tendency of the echeme when it saye that it would amount to the erection of “an overgrown money power at New York” which would “con- trol al! sections of the Union.” We believe it would be the very opposite of this, Our proposal is that the present fifty odd city banks do now associate themselves together (juet as the States of the Union are associated and as the daily newspapers of this city are as- sociated) for certain specific purposes and under certain specific conditions; that they take in hand the very important business of supplying the whole country with a uniform paper cur- rency or circulating medium, which shell be everywhere at par, and redeemable at that rate at certain branch offices cre- the associated banks; that as the chief business of internal exchanges in this State is in the hands of the Metropolitan Bank, just as the redemption of New England country paper is left to the Suffolk, either the Metropo- litan or some other bank be selected on behalf of the associated banks to transact all the busi- ness of domestic exchanges, and to regulate | them in @bedienceg to certain fixed and honest RK HERALD, THURSDAY, MAY 6, 1858—QUAD selected for the transaction of the foreign ex- change business, which is in the hands of the banks at New Orleans, but here is monopolized by certain private foreign banking houses, ail of which were near failing during the revul- sion; and that the general policy of the city banks, in relation to expanding and contracting, while so far as cach bank is concerned indivi- dually it remains wholly and altogether under the control of the managers of cach bank, shall be a matter of cousaitation aad conside- ration among the members of the confederacy. We submit that a system of this kind would save us from many ‘of the inconveniencies of the present system, such as the tendency to re- vulsions, the want of a uniform circulating medium, the frequent failures of private bankers engagedjin the exchange business, and the growth, existence and inevitable failure of sham concerns like the Valley Bank ef Mary- iand, which are growing more abundant every day. To all] this the Hnguirer answers that this scheme would “provincialize our financial aud commercial interests,” in other words, that it would enable New York to exercise undue influenee in Virginia. This is as though a cow were to complain of not being as able to draw a carriage as fast aaa horse. Virginia is a very fine State, in many respecta an uncommonly fine State ; but it fis no finer and no better entitled to the position of pre-eminence in “contesting with New York the palm of monetary control” than Ohio, Illinois, Massachusetts, Pennsyl- vania or Louisiana. Its vocation is that of an agricultural and producing State. New York is a financial"and commercial centre. The two things are eeparate and distinct, with no enulogy between them. The tendency “to provincial- ize,” as our Virginia contemporary calls the natural process of concentration at centres, is an essential characteristic of civilization, As this country progresses and becomeszmore de- veloped and richer, cenfralization will Jneces sarily increase, and Virginia willjdo less and New York more commercial and financial busi- ness. It is a law of nature. The Richmond Enquirer intimates that in case of need “the restraining power of State legis lation” may be called into play to prevent the establishment of an association of New York banks with branches throughout the country. We do not exactly see how the Legislature of Virginia is going to prevent the New York banks establishing a branch at Richmond and redeeming their circulation there at par; nor how John Smith or Brown, ef Norfolk or Peters- burg, is going to be estopped from taking a New York bill for his wares, if he chooses to take it. It strikes us that if the Virginia Legislature goes seriously into the business of breaking down a bank asseciation here, it will have enough todo. The new Bankrupt law, which will be before Congress in a few days, will make some regulation ot the subject. Our Vir- ginia friends will consult their own interest and comfort by leaving the bank question to nature and to the national legislature. Tur Secession and Disunion Cryr—Is Ir Gexcrxe on Boovs?—The politica! contrasts of this great country are vory striking. While among the masses of the people, North and South, the Union is cherished as the source of all our greatness, prosperity and glory, we have always, in one or two Southern States, a terrible clamor for secession, disunionjand a separate establishment, on account of this}thing, that thing or the other not being done exactly as they have demanded. This is a curious fact; but there is another and still more remarkable fact, which, more powerfully than anything else, indicates the real solid strength and sta- bility of the Union, It is the continual pres sure of new States to be admitted into the Union. Thus, when Texas ws an independent repub- lic, and firmly established as such, she not only sacrificed her supreme national sovereignty to come into our great Union, but she was so en- thusiastic about it that she would hardly wait for the door to be opened, and came very near breaking it down; and so it was with Califor- nia: but of all cases, Kansas has been the toughest one to keep out of the family circle, till properly dreesed for admission. She has tried all sorts of contrivances to smuggle her- self in, until Congress has been compelled to let her have her own way. Then there are those other and more dignified young ladies—Minnesota and Oregon—knocking at the door like policemen, and they will not take no for an anewer; and close behind them are Nebraska and Washington, and we know not how many more, all as anxious to be States and to come into the Union as a sensible girl is to get a good and handsome husband. Does this look like secession, dieunion or a Southern confederacy? Nota bit of it. Turn the noisest secessionist of the lot—South Carolina—out of the house, and before six months are over she will be glad enough jg come back, and climb im at the window, or by way of the basement, if she can't get in at the front door. It would be fanny to ee the experiment tried. ‘Tur Kansas Question tn Kansas—Terriee Tuneats or bioop anp Taennen.—Some of the organs of the nigger worshippers, waxing perfectly furious over the Kansas bill passed by Congress, are threatening the most terrible con- sequences in Kansas. If the Missouri border raffians siiould attempt by force to cgrry the election for the Lecompton constitution, they are to be “shot down like dogs;” and if they thall attempt to carry the election by frauds and forgeries, “they will be strung up like dogs.” In the next place, the people of Kan- eas, we are told, will organize for themselves a State government under the lately adopted Leavenworth constitution, and, within or with- out the Union, they will thus be a sovereign State. But all these idle threatenings may be very readily dispored of. The people of Kansas may reject the Lecompton constitution if they choose to do 8, and if Governor Walker and Secretary Stanton think it expedient to stump the Territory for this purpose, they have a per- fect right to do it. Let them go. But the law of Congress, which, after all, is the supreme law of the Territory, has indicated the course to be pursued by the people of Kansas with the rejection of the Lecompton programme, They may wait for a larger population, in view of a new constitution, or they may at the next ses sion petition Congress for admission with their present population. But they must bear in mind that, as the act under which the Leavenworth constitution was framed has been pronounced by the Attorney General of the United States an illegal act, that conetitution is nullity; but above all, let them beware of setting themselves up too far in defiance of the authority of Con- gress, leet there may be some shooting and hanging performed by the federal suthorities. More Citmina! Proscoutions aguinat Financial Swindiers. We alluded the other day to the prospect that criminal prosecutions were about to be in- atituted against several well known financiors, op the ground of their alleged participation in frauds connected with the Western railways. We have reason to believe that several viotims of the malpractices of these and other financiers of the late expansion are about to take steps thoroughly to expose, and, if possible, to punish the authorsof their wrongs. There is a deter- mination expressed in various quarters to sift to the bottom some of the more notorious of the frauds of the late flush times, and to ascertain, with a view to fresh legislation, whether or no the contrivers of those frauds can be made to answer ina criminal oourt of justice for the mirchief they have done. We are not sorry to hear that one of the first concerns which is likely to be subjected to the lega) furnace and crucible is the late Ohio Life and Trust Company. That concern was the first to lead the race of failure. It stood high, and commanded public esteem. People used it as the medium. of exchange between this and the West; it was also a common receptacle for savings. Its credit was unquestioned; its means ought to have been very large. In one day this concern fell so thoroughly to pieces that the stock, which was worth nearly par in the morning, could not be.sold at ninety- five per cent discount at night. Nor has anyerecovery ever been even attempted. Its creditors are still waiting for the first sign of a dividend on their claims. The wise among them have written off—as bad debta—all sums invested in Ohio Life and Trust Company’s stock, or due and owing by the company. There never was so complete a breakdown. When we inquire for the cause of a collapse so sudden that no stockholder was enabled to escape, and so complete that five cents on the dollar would be eagerly taken by most of the creditors, we can get no answer. Nobody knows hy the Ohio Life and Trust Company failed. The officers of the concern, when asked their opinion, return cock and bull replies. The of- ficials of Cincinnati accuse the officials of New York; the officials of New York throw the blame on the officials of Cincinnati. Each set is satis- fied that the other was composed of the most unmitigated rogues; there is no question but they knew each other well. We hear of bad debts in the West. We hear of money lost by individual officers of the company in stock- gambling transactionsin New York. We hear of insane speculations entered into by foolish officials on behalf of the company. But those are, aiter aJl, mere rumors; thé fact is that the public has no knowledge whatever either why or how the Ohio Life and Trast Company fail- ed, or what became of the two millions capital which it had. 4 We repeat, therefore, we are neither sur- prised nor sorry that some of the parties who have been the most severely injured by. the failure of the concern have resolved to make the event the subject of a thorough legal investi- gation, by means of an indictment laid before the Grand Jury of this county. This is the only course by which the truth can be usver- tained. It is the only one which the magnitude of the affair warrants. The present Grand Jury are a highly respectable and intelligent body, well fitted to grapple with the question; they will get at the truth if it can be discovered at all. If there has been any fraud in the manage- ment of the Ohio Life and Trust Company— and, withont designing to accuse any one in particular, we cannot imagine how it could have failed unless the concern had been fraudu- lently managed—that fraud must have been of the most aggravated and scandalous and enor- mous character. It must have been perpetrated by persons of high standing and general public esteem. It must have been perpetrated upon the most defenceless and helpless part of the community—widows, orphans, and country farmers. It must have been carried on to a frightful extent—the sum fraudulently appro- priated exceeding two millions of dollars, It must be considered a8 the prime canse of the revulsion of last year, and thus ultimately a» the source of all the trouble aifd disaster which ensued in the months ot September and October last. Here, then, evidently is a proper case to test the efficacy of our commercial law; and we hope and trust that, in view of the im- portance of a high and signal example for the purification of our commercial community, and indicating sound morals in the commercial world, each and every person who Yost money last year by the failure of the Ohio Life and Trust Cempany, as well at Cincinnati as here, will now come forward and lay the facts before the Grand Jury, to the end that if they cannot recover at least a portion of what they have lost—a thing by no means certain, if proper measures are taken—they may at all eventshave the satisfaction of aiding to punish the rogues who defrauded them, and to purify the finan- cial atmosphere of the country. Tur Paracvar Resoivtioy.—It appears that the resolution introduced into the Senate from the Committee on Foreign Relations, author- izing the President to bring the impudent gov- ernment of Paraguay to a settlement for cer- tain outrages against the people and govern- ment of the United States, which had been de- feated, on account of that fuctious opposition which, more or lees, every measure of the ad- ministration has encountered in that body, was very properly adopted yesterday by a vote of 25 to 15. Mr.Collamer’s amendment to strike out the clause authorizing the President to em- ploy force in this matter, if necessary, was carried on Tuesday by 31 against 19. Then, on motion of Mr. Mason, the resolution was laid upon the table. This amounted vir- tually to a decree abeolving the government of Paraguay from all responsibility in the pre- mises; and thus the great ends of international justice, ax well as the plainer? measures of pub- lic economy, would have been defeated by the factioniets of thie disorganized and demoralized Congress but for the sober second thought exhibited yesterday. : Compication or THe Revente Laws.—The re- venue laws have been accumulating so fast and have aeaumed eo complicated a shape that for some years part the merchants of all the leading maritime cities have been crying out for some eimplification or codification whereby they could discover what were laws and what were not. Repeated attempts have been mado in Congress to codify these laws. Since 1854 the work has been taken in band off and on; but when the reports came before Congress they wore found eo ponderous and so mystical that there seemed to be no chance to RUPLE SHEET. them, and they fell through. Mr. Cochrane, the Chairman of the Committee on Commerce, has now put the matter into a simple compre hensive shape in the bill he has reported to the House, which is to be taken up for discussion by a Committee of the Whole on Weduesday next. Our Washington correspondent, whose letter will be found in another column, furnishes | the leading points in Mr. Cochrane’s bill. They are very interesting, and show that he has suc- ceeded in meeting the existing difficulty in the proper understanding of the revenue laws. Tux Comptronier’s Report anp THE CiTy Fravps.—The report of Comptroller Flagg, which we published in fulithe day before yea- terday, is in many respects a most extraordi- nary document, Were it not that it is a grave thing to contemplate a great, intelligent city like this subjected to the cupidity of @ horde of | rogues and rascals, and not able protect itself, | Mr. Flagg’s report might be designated a funny one. He sits down coolly, and with the most | astonishing nonchalance, to record a whoie batch | of frauds and peculations on the city treusury for the last three or four years, as if | be were not the sole comptroller, mana- | ger, and custodian of the public funds, but simply the reporter of frauds to the financial department. He tells us that for the years 1855, 6 and ’7 eighty-four cases of gross and infamous frauds have occurred in the as sessments for opening und regulating sireets, All these transpired under bis own eyes, and were undoubtedly connived at by his subordi- nates, over whose acts he should have exercised arigorous supervision; yet without seeming to comprehend that it was his duty to preveut the commission of these frauds, he merely jots dowa the facts at his ease, and lays them before the public as if it was a matter-of fact affair that the city should be plundered of a few millions a year by its officials, What a spectacle! What an example of the way the officers of our city government perform their duties! With the assistance of the republican party and the Know Nothings, the Wood faction of the democracy was defeated and demolished at the last charter election, and the debris—the rump of the old Alkany Regency—was sent down here, and have taken hold of the city government. Now, they have got the whole of it in their hands—Mayor, Tammany Society and all. Mr. Tiemann, Mr. Flagg, Henry Erben, Peter Cooper, and ail the Coopers, were members of this reform party, as they called themselves. The Wood faction may have been a barefaced, daring set of rascals, who made no high pretensions to public honesty—who said openly, fraud is fraud, and we go in for fraud; but the reformers, forgooth, are the men of all the virtues, all the sanctity | and integrity. Yet their duties now seem to | be simply to help each other along, and they have appointed parties under them to help themselves, too. It is but transferring the gov- ernment from one set of rogues to another. In private life Mr. Tiemann, Mr. Flagg and the rest of them may be very pious, upright men—we are not going to gainsay their claims to peou- liar holiness; but they have let loose a pack of subordinates on the treasury who are fattening upon it in the most shameful manner; for in- stance, the eon of Mr. Flagg’s confideutiai friend, Smith, who has probably made a hun- dred thousand or so outof the unfortunate tax- payers. Mr. Wood has retired into private life; his party is gone to emash; the reform clique have the whole government in their own hands, snd we see how they are managing it. Mr. Flagg holds in his hand the central power of the cily, for the money power is the mort important in this age; the public have entrusted to his charge those interests which, as individuals: they watch over with the defrest solicitude in the management of their own affairs; yet Mr. Flagg—this-faithful watch dog of the treasury— on security, designated as “property,” bu knows to be worthless, and that the gmanager, secrete ry and all the directors hud united in counal in order to perpetuate and profit by the frauds They were ultimately arrested and indicted ot obarges of “conspiring to defraud the share holders and customers of the bank, with th public at large, by means of false reports an fraudulent balance sheets.” y As already known, they were convicted an sentenced. In their recent attempt to get o by legal quibbles, they—like all our own grea humbugs and cheats—assert that they have bee very badly treated by that portion of the Bag lish press which first called attention to thei | financial career; in fact, they assert that they- poor innocent souls!—have been libelled b the newspapers and the bank crisis precipitate by interested editors. This plea ia very stal here, Fraudulent traders and insolvent stdct jobbers have re-echoed the cry that the Nw York Herap originated the late financed, crisis at the very moment that we were bein thanked by all honest men for exposing th acts of such bodies as the directors of the Roy: British Bank. Judges Erle, Crampton an Wightman, of the Queen’# Bench, London, wi 4 not be casily induced to set aside the verdict a jury and the sentence of the Chief Justi for the non mi ricordo plaints of a batch of ir prisoned speculators, Tuz Lopsy Jonpers or Coneress Harp 1 Worx.—From the proceedings of Congress the last two or three days, it is evident that tl lobby jobbers are at it, hammer and tongs. TI Senate has passed a bill patching up the prese spoils and plunder system of the public pric ing, and passed it, too, as it appears, withoat discenting voice—a very remarkable lobby ¥: tory. We may, accordingly, conclude th upon this business of the Congress printi: none of the political parties and factions of ti Senate are ia the humor for relinquishing the rich and serviceable pickings and stealings their lobby men. Notwithatanding, howev« this unpromising proceeding of the Senate, + hope that Mr. Taylor will seize the first opp< tunity for testing the sense of the House up that great reform which he has proposed, a go ernment printing establishment, under the ms agement of a bureau on printing, attached the Department of the Interior. Weare a 1 tle anxious to discover who are in favor of ti reform and retrenchment, and who are oppo: to it in the present House, for a vote of ti) sort will at least give us some indication the ramifications of the lobby in this business. ‘The various land grant schemes, pension bi and other epoils projects lately introduced it the House would justify the suspicion tt in that body the lobby have the very high expectations of a glorious harvest of piund Meantime, it appears that st least one Mas chusett’s member, pending the passage of { tari? bill of the last Coagress, drew for mon on the New York house of Lawrence, Stone Co.; but that “efforts are being made to hi the matter up, or explain it away as havi been merely a loan.’ Considering, too whitewashing of Mattecon, we suppose that ( other matter will be hushed up or expiair away. But when it becomes necessary, for sake of appearances, to do these little jobs lobby whitewashing, we need not wonder at impudence of the lobby jobbers in their vo schemes of plunder and spoliation. We are glad to perceive, however, that « motion has been made in the House to gui the government against these lobby harp We refer to the motion of Mr. Glancy Jonet have all the appropriation bills passed at le three days before the fina! adjournment, so to allow that margin of time to the Presid to overbaul them. Let this be done, and p haps here and there a little Galphin or Ga ner or Chickasaw appropriation may be nip; slumbers comfortably at his post, without keeping even one eye open, and just wakes up in time to tell us that while we have been re lying securely upon his fidelity, his agents and subordinates have been plundering us of mil- lions, And this Mr. Flagg evidently thinks is rendering a proper account of his stewardship, Tut Bank Fravps ty ENGuanp—Morion vor a New Triat wy tHe Barrisn Dank Dinecrons— Richard Hartley Kennedy and Henry Duaning McLeod, two of the directors of the institution known as the Royal British Bank, bave applied to the Judges of the Court of Queen's Bench, London, for a new trial, in order to escape, if possible, the effects of the sentence passed on them, in company with Humphrey Browa, Ca- meron, and others, by Lord Campbell, for a series of frauds and barefaced swindles perpe- trated in their corporate capacity as managers and directors of that concern. They assert that the verdict was against evidence and that Judge Campbell misdirected the jury in his charge. The moral effect of the conviction of these hypocritical stock operators bas already produced beneficial results, and it is to be hoped that the Judges of the Queen's Bench will not be easily moved to afford them a chance of dissipating the re- newed faith of the people in the adage that in the blossom. Apart from this, the em condition of the treasury, the pressure of regular business, and the comparatively b remnant of the session remaining, are our 0 reliable securities against the artful und scrupulous schemes aad tricks of the lob mongers. Tut Kansas Serruement Amono tite Pi TICLANS—Mx. Doveias Backine Down.—’ Kansas settlement adopted by Congress produced a tremendous effervescence amc the politicians, and especially among Douglas wing of the democracy. East 1 west, right and left, they are coming into | again. Gov. Walker has declared that the passed tallies with his test principle of subr sion to the people, and Secretary Stant though @ little more fastidious, still thinks will do. To be sure they creep back gomew reluctantly, crab fashion, and intend tot the field in Kansas to induce her peoy'e to ject the Lecompton programme; but ‘11 ¢ concede the main point, that “popular sc reignty” to an extent that will answer the j pose, has been conceded by Congress. But most remarkable manifestation in behalf of bill passed comes from the Washington or of Mr. Senator Douglas. That paper expre iiself as perfectly satisfied with the bill, iv “honesty is the best policy.” The decision of | much as it establishes the sublime doctrine: the Court was not given when the Ariel left | “popalar sovereignty,” non-intervention, Southampton, but, judging from the reports of | all the other bumbugs of that sort involved the proceedings at hand, it would appear as if | the contest. This means that Mr. Dou Brown, Cameron & Company would gain very | wants to get back futo the democr little by their motfons, and that they would | party; but from all appearances the democr have to serve out their different terms of im- | party will soon be able to get along very prisonment and penal servitude as best they | without him, with the staunch and steady ministration of “Old Buck” to bring them could. The Royal British Dank was established by charter from the crown on 17th of Nevember, 1849, and on 3d of September, 1856, it was closed and declared Wankrupt. Its nominal capital was £300,000, and at the end of the keep them together. What else bes Mr. Dc Jas to say ? A Paw Fine Derarteent.—The local thoritica of our suburban appendage, oe year 1855 a um of from £50,000 to £80,000 | Brooklyn, have been loading off ina good wae paid up and placed in the hands or | ample for the sleepy municipal fathers of pockets of the clique lately convicted. Enjoying | metropolis. Brooklyn has discovered th: 4 high social status in London, the directors im- | pnid fire department works better than a 1 proved their position by a due and regular attendance at fashionable churches, presiding at charity dinners, entertaining choice parties of aristocrats and fast young men, and faith- fully fulfilling that routine of dieplay which the public seems to expect from all lacky gamblers and financiers. During this period they bor- rowed sums of money, no matter how emall, at & promised interest, invested and traded in stocks, advanced money on cash credits, and Publiched reports showing most flourishing state of things in general. But their prosperity was only short lived. The steady approach of @ great financial whirlwind opened, the eyes of some people to the course of the Royal Bei- tish Bank directors. A scrutiny commenced, and the result proved that the concern was utterly rotten, that the balance sheets were knowingly falsified in order to mislead, that en- volunteer system for all concerned; but v think our drowsy Councilmen and our sl Aldermen apon the subject? When they up we should like to know. Will anybody ¥ them up? Moss,n0's Concerts av mm Acapewy.—The addi fonture in the Masard concerts, which Mr. Ullma #0 jeAiciously added by the engagement of Carl For) Ma‘iamo D'Angri, and Mr, Cooper, the English viol Coatiniies to Increase the favor with which these bri emtortainmenta have already been received. The) Programme on tho bills for thie week has etiracted © houses every night. Formes excela himself in the tho “Magic Flute,” while the Eoglish song of the “E Biscay’ brings down the rapturous applause of thot One of the finest pieces of instrumentation in the or tral performance is Mumrd’s new Pot-Pourri, the ‘Fi Tolegraph,’’ in which ho introduces a namber of po Aira, selected from favorite Operas, nogra melodies ‘national tunes, the whote comprising ® varied and br‘ formance, in which the harmony is fau'tieas. f . tries were made of a¢ much a4 £108,000 adyanged | received inst wight, aa horetofore, with great enthus read them and less chance to umlerstand 7° AOT which arwved for the same period last year! rules; that, in the ume way, oae bank be! That ts alk