The New York Herald Newspaper, August 21, 1858, Page 4

4 NEW YORK HERALD. JaMBS GORDON BENNETT HIMTOR AND PROPRIETOR. anna ae cents par Tr amit} HERALD, every Wednesday, at four cents per “Motes tant couxrsroxpesce, consaineng Soa fo gol gatin’ Grmecaranay at "‘OREIGH CORRESPONDENTS ARB ARTIOCLANLY Bequests vo Bai aia Latrens 4xD Pacs- SEOTRETTDe tae emmy comnts Wo SIE PRISTINE cesta wih neatren, unpre nd dr AD renewed ; adcertlsements in: werted wm the a Busa.p, Pasur and in the OalYornsa and in Baldtione. AMUREMENTS THIS BVENING, RIBLO’R Gi Foozta--Paous }ARDEN, Rreadwav—-Uwors ape Oowces:— O14 ano8 at PiLinvereso. BOWEEY THEATEE. ‘tranzo—Joun TCL 4>p Bnoruas Josarnas, OR THB ATLaNTIO Casin—Foun TLovnae—Ko. Bi ‘cas OF THE Pts yn Ay ~via Preis) AX MUSEUM, Brosdway—Aner- Sizes Wom—Cvsiosimma, £2 . 663 Broa¢way—Ermoris women Bavaes kee On. dest MECHANICS HALL, (8 Broedway—Buravzs’ Minsre ms ee eae PALACE GARDEN, Fourteanth atroct and Sixth avenuc— a Prowes apr Concent—Drertar or Fireworks, £c, Naw Vork, Satarday, August 21, 1858, THE OCEAN CABLE. ‘The Ceremuny of Laying the Cable—The ned fect of tte Buccess Throughout the Coun: e2y—The Quesn’s Message—The President's Reply, de, dic., dee ‘The Wrexiy Himnaip to be published at ten o'clock morning, will contain full apd graphic deacnip- fom of the successful laylog of the Atlantic Telegraph Cabie. ‘The history will embrace :— ‘1.—The only complete account of thd ceremony of lay- ing the cablo, as described by cur special correspondent, who was on board the Niagara. 2.—Pull revorts of tho offoct thie great event produced brovgbout the country. 84. The Queen's message and the President's reply. 4.—Grapbic Description of the Oolobration in the Motro- voiis—The Uemination— Fireworks, &c., &c. 6.—The Reception of Mr. Cyrus W. Field and Captain Hudson, by the Breoklyu authorities. ‘These accounts wi!l form the fullest and most complete history of the last aad successful effort to lay the Ocean Cable. Our readers will want to preserve @ copy of this interesting narrative of one of the greatest events of the age. Bingie copies, in wrappers ready for mail, six cons. ‘The News. ‘The steamship Arabia arrived at this port yester- day morning from Liverpool, with papers dated in Londen on the 7th of August. The Arabia was de- layed on her passage in consequence of having come in collision with the Europa off Cape Race, as al- ready reported in the Hematp. Additional par- ticulars concerning the accident are given this morning. The financial and commercial advices by the Ara- bia have been in a great measure anticipated by our telegraphic despatches from St. Johns, N. F., pub lished last Tuesday. Complete trade and financial circulars are, however, given to-day. Consols were quoted in London oa the evening of Oth inst. at 96) a 96}. ‘The news of the successful landing of the Atlantic telegraph cable in Valentia Bay reached Dublin on the 4th, and Liverpool, London and Paris on the 5th instant. In the citles of Great Britain the joy of the people at the satisfactory result of the great enter- prise was intense, and much admiration was ex- pressed for the originators and conductors of euch a wonderful scientific achievement. The effect on the price of the stock in Engiand was mar- vellous, shares having bounded, in one day, from a rate of between £200 and £300 on the £1,000 to par, and even over par. We publish o most interesting compilation from our European files with respect ‘to the progress of the cable on the other side of the Atlantic. Queen Victoria met the Emperor and Empress of France at Cherbourg on the Sth inst. On the {th inst. his Majesty, addressing the Mayor, said:—"1 am happy to have tintshod the work of Louls \VL, and to inaugurate in a time of peace the port which | ‘was 60 actively commenced in atime of war.’ We give a very graphic account of the royal flee, «0 far a6 they had progressed, to-day. Alexi« Soyer, the great gustronomist, had died in London. From Austrolia we have news telegraphed by way of Suez, dated at Sydney on the 11th and Melbourne on the 16th of June. The steamer had bronght $366 000 in gold to Suez, and three other vessels had lett for England with dust valued at 4,000,000. The Melbourne Parliament had been prorogned. A nag- get of gold, weighing 2,000 vunces, had been fonnd at Ballarat. Commercial credit continwed good and trade was better, though stocks were heavy. We have news from South America dated at Buenos Ayres the 28th and Monteveido the 30th of June, Bio de Janeiro the 10th, Bahia the ith and Perpambuco the 16th of Jaly. The Brazilian steamer janded specie and diamonds at Seatbanpton, Nog. valued at $836,420. In Buenos Ayres the general estimated expendi- ‘ture sanctioned for 1558 amounted approximately to $84,275,000. The additional sam to meet the obli- gations of the foreign debt, according to the ar- rangement effected, anounte in the present year to $2,625,000. The sum deposited in the bank, pro- ceeds of the property of Genoral Rosas declared for- feited, amounted to #510900, There 9a deficit of more than $9,000,000. Trade was very limited. Montevideo was tranquil. The gevernment nad called upon the National (nard to exercise. Busi- ness was ata stand still. The works for the first nection of the Pernambaco Railway were nearly finished, and the working retarns were improving, ‘The sugar and cotton crops looked well aud trade was of a very fair character. Advices from the French West Indies, dated at Martinique and Guadaloupe, on the 23d of July, wate that everything was proceeding satisfactorily in thore colonies. The coolies, whose eng its have expired, had, for the greater part, contracted fredh ones. The customs receipts at Martinique | thow that the exportation of coffee for the first six — of the present year amounted only to 2.628 By an arrival from st, Domingo on the 34 of Angnst there is reported a prospect of another revo- Jultion in a short time -Generai Santana not being in favor of the party nominated for President. ‘We have news from Curacoa to the 4th inst. Af. fairs throughout Venezuela were in general ques Gregorio Monagas bad died in prison at Maracaibo French and English vessels of war were at aguayre ‘There was abundance of salt ot Bonaire, while ot | Curacon it was selling at thirty cents per \orre! with « stock on hand of 100,000 barreis, Joint committee of the Common Connell oy tife repairing of the Clty Hall, met yesterday oad agreed to have the building raised one story, They also agreed that it would be well to have a fireproos ‘ower cFeeted for the bell of the City Hail, tm a dis ‘tinct part of the Park. A report of their proceed, ings i# given in another column. Worlgnen were on NEW YORK HERALD, SATURDAY, AUGUST 21, 1858. gaged yeeterday in removing tue rapbish and making other preparstions for whatever designs may be | decided ca, 4 Avery flattering ¢omonatration was made (ast | evening to Mr. Cyrus Field and to the officers of | the telegraphic expedition, at his bouse in Twenty- | first street and Lexington avenue, Many hundreds of the most worthy and eminent of our cillzeus | called and paid their reepects; and subsequently the | Young Men’s Democratic Union Ciab serenaded Mr. Field at his residence, and Mr. Woodhouse at the | Brevoort Hou. We g yea full report of the pro- | ceeding-. ' A mecting of tho property holders and other in- } terested in the runaing of small cars on Eleventh avenue by the Hudson River Railroad, was held tast evening in National Hall, Forty-fourth street and Fighth avenue, when resolutions were adopted pro. testing against the action of the Common Council ia disregarding the petition of three thousand rate- payers upon the subject, and eulogising the Mayor for his conduct in vetoing their resolutions. The members of the Common Council of New York, together with the relatives and a large num- ber of the friends of the tate Counci!man Gilmartin, | followed his mortal remains to their lonely resting Place shortly after noon yesterday. The usual im- posing service for the dead, according to the solemn ritual of the Church Catholic, was performed, and the multitude proceeded to the cemetery to see the earth close upon sll that was mortal of the de- ceased. The joint committee of the Common Council hav- ing in charge the grand celebration arrangemonts ia honor of the laying of the cable, were obliged to postpone their meeting yesterday on accouat of the funeral of Councilman Gilmartin requiring their attendance. f ‘The svies of cotton resterday embraced shout 2,000 a | 2,600 bales, part in transitu, closing firm at 1223/9. per Ib. for middling uplands. The first bale of Texas new crop | of cotton, recoived by Messrs, Nelzon, Uiements & Co., on tbe léth inst., was sold yestorday, through Mesars. Bara. ‘well & Thomas, at 163;0, per ib, Fiour was tn good de mend yesterdsy and firmer, with saler at an average ad- | Vance of about 10c. per barrol, though there was a wide | range in prices, according to the condition and grades of | tpepection. Withto a Oxy or 0 700 bbis. new “Haxall and | Gallegos’? Richmond flour, have beex sold for export to | tropical ports at $5 75. Wheat was firm though less ac- } tive. Corn was steady, and prices without change of im. | portance. Pork wold at $17 for mess, check oo the di | and $1725 im the usual way; prime eold at $14 85 a $15 | Coffee was quiet; enles of O17 bags Rio avd 800 Cape at | rates given in another piace. Mreights were without | change to English ports and exgagoments were light, | while there was a fair business doing for Antwerp, Rotter | @am and Hamburg. The public tea sale yesterday drew | afair compary for the season and the dul! state of the | market; the sale was considered a fair one, though prices | wore rather under thoso realized at provious sales, tho | quatity considered. | Whe Impetus to Ocean Tolegraphs—Wnat ts Already Contemplated. The successful completion of the Atlantic tele- graph kas solved the great problem of the age, and given an impulse to ocean telegraphic enter- prize that will enable it at an early day to bind the whole earth with electric cables. It may be that come delay will occur before the elec- tricians will be able to obtain perfect control i over the electric current that is now catublished | between America and Europe, and be able to | work it with that rapidity and succees requisite for intercontinental communication. But that | Isno matter. If Mr. Whitehouse cannot do it | Mr. Hughes may; and if he fails we will soon | find the man that can. The problem was to | eetablich the electric current. That is now | done, and we will soon find the means of using it. Several enterprises were on foot before this event occurred, with the object of establishing } submarine cables between different sections of ' thé world. Governments felt the want of them, and for political reasons urged their comple- tlon. Commerce longed for them, but came for- ward doubtingly and eparingty with the required , aid. The following incident, which occurred ia Londen but a few months before the triumph had been achieved by Cyrus W. Ficld’s tenacity of purpose, will illustrate the result which his euceces has brought to the whole world: A wealthy merchant, largely engaged in the China + trade, was applied to for a eubscription to the Red Sea telegraph. The applicant ascured him ' that forty thousand pounds more, only, were wanted to carry out the enterprise, which would soon be extended from India to China. “Forty (housard pounds!” said the merchant, as he put down his subscription; “do you think, sir, that euch a sum would stand in the way if you could open for me instautancous communication with | China? No, sir, nor ten times that sum; for I would undertake to supply it myself.” This merchant, and cvery other one in the world, has now the aseurance he desired, and the results are already palpable. ‘The longest electrical current by far that the world will ever require has been established in the 2,000 miles from Trinity Bay to Ireland. ‘This fact itseli will produce a revolution in tele- graphic enterpriee. It has been customary in England to endeavor to inspire confidence in the | telegraph to India with the assurance that the longest rubmarine stretch required would be four hundred miles. This could coast aleug the shore of Arabia with a land line, and then run , another down the coast of lodia. But Captain Dayman has piloted the electric current across the Atlantic, and now acable may be carried through any rea. The telegrapber need say no | more about coasting along Arabia and India, but strike boldly out to cross the ocean from Aden to Bombay, or anywhere else that he chooses. The telegraph cnn now follow the tails of commerce across the waters, ae these a few centuries since followed Vasco de Gama and Columbus, Enterprises are already on foot that will go far towards putting the girdle round the earth which #hakepere epoke of in a moment of poetic phrensy. The Southern shore of Earope Is already touched at many points, and bound to the northern coast of Africa. The Mediter- ranean Extension Company has laid its cable to Malta, and may now run it thence to Aloxan- ' dria. The Red Sea Telegraph Company ob- tained a grant from the British government two days before the success of the Atlantic cable wae known, which will enable it to lay the line through that sea to Adon, and, doubtless, thence to Bombay. This place fs already con- | nected by o land line with Calcutta, aud an ex- tension to Burmah is contemplated. From | there the distance acroes to the China sen is | short, and thence about four hundred miles will | carry it to Canton. From some of these points | to Australia the work can be easily acoomplish- | ed through the may» islands and pneesges of | the Australasian hipelago. A few years | will witness the completion of all these lines. | On our side a similar impetus has been given | to enterprise in ocean telegraphs, Mr. Kenae- dy, who has been for some time connected with the eubject, left here two days since by steamer | for Havana, to perfect hie arrangements for lay ing « esble from Florida toCaba. Charters were obtained by bim two years einee from the Legislatures of Florida and Georgia, and o company with a large capital was formed in Tisvars, The saoctiqn of the Queen of Spain to the enterprise only was wentiog, The course for this cabie is not yet definitely decided upon. Leaving the chore of Cuba probabiy af eome point west of Havans, it may be bronght to Tampa Bay, Cedar Keys or Pensacola, It is cuppoeed that if it should be carried to the Tor- tuges, where we are erecting very important fortifications, and thence to its terminus on the continent, the governmert world be disposed to recemmend o grant by Congress of an annual subsidy to help eupport the line, From Onba it Is contemplated to continue thie line west- ward to Mexico and southward to Panama—an enterprise of casy nccomplishment, We shall ‘va Lear of s eubmarine ne from San Fran- circo to Fraeer river and the mouth of the Amoor, in Asia; and doubtless Brazi! will pro- ceed at once to lay that contemplated along the short of ber vast empire. Its conneotion with our telegraphic system, through Cuba and the the Weet India Islands, would be of easy accom- plishment. It ia not st ali settled among merchants, who are the great users of the telegraph, waat elect these ocean lines will bave upon trade. There is, in fact, a great conflict of opision amoug them on this point, and the most diverse theo- ries are announced and sustained with coné- dence. But we believe that no novel results will flow from their establishment. We have already abundant experience of the-effect of telegraphs in thie country, through their ox- tension from the great commercial centres into the grain, cotton and tobacco producing dis- tricts, There we find that while trade is en- livened by them, and the owner of property can retein his control overit at long distances, speculation is by no means diminished. The shipper of wheat from Chicago, or of cotton from New Orleans, or tobacco from Virgiaia, is enabled to dispense wiih that complete re- lisnce which he was formerly obliged to repose in agente or factors, and direct the disposal of his property as readily as if he had it in his own warehouse. Speculation may be deprived in part of its gambling character, but will al- weys retain its stimulating power over com- merce. The question of prices is subject to too many contingencies to be generally affected by one cause alone. The value of commodities depends upon three influences of universal ex- istence, which are supply, demand and distri- bution. The establishment of the ocean tele- graph may, by a process of slow growth, come finally to affect the latter influence, but the others are subject entirely to other causes. While, therefore, the telegraph may aid the re- gular and non-speculating trader in the safe conduct of his business, it will also bring to the speculator a knowledge of those adverse or favorable causes ia production that really af fect the prices of commodities, and extend the field of simultancous speculation. ‘Thus the same influences upon prices will exist; and the telegraph merely affects the time of distri- buting a knowledge of them through the mar- kets of the world. Tux Frere av Cuerzovec.--We publish else- where full particulars of the preparations for | the inauguration of the Napoleon Basin at Cher- bourg, with an interesting description of that Avvacss uy Cunva—Favrrisas Nacortarions— Srommina anv Carrone oF rav?Ts-Ker Forta— Te the excitement caused by the great events tbat eretaking place amongst ourselves, and particularly by the estabil-hment of telegrapbie communication between the continents of Eu- rope and America, the important events that are tranepiring in the Flowery Kingdom, and within w few hours travel of the great impe- tial capital of Pekin, fail to receive that notice end attention which the magnitude of the sub- ject deserves; end altbough we have had very vclominous and interesting correspondence frcm that portion of the world, we were com- felled to omit its publication and devote our columns to that in which our readers had a moro immediate interest. The main points of the rewe—which were that negotiations had been broken off end hostilities recommenced— we of course published eoveral days since, The Pei-Ho, or White river, is the principal artery by which tho capital of China finds its supplies, end by which the trade in ealt and other produce is maintained. Some eeventy miles south of Pekin—which stands tweive miles back from the. river—the Pei-Ho de- boucbee into the Gulf of Pecheeti, or Yellow Sea. At this point the hostile fleets of France aod Eogland readezvoused early in May; and here, aleo, lay our own magnificent vessels—the Miseiseippl, the Minnesota and Powhatan-—-with the chartered steamer Antelope and the Russian steamer Americe. The representatives of the tour nations—Lord Elgin, Baron Gros, Hou. Ww. B. Reed and Count Putiatin—were with the fieat. They hed met there to press the united demand that they should be received at the Imperial city, and allowed to negotiate treaties with or in presence of his Celest: fa. jesty in pereon, inasmuch as it appoared that the former treaties bad never been communi- caicd to the Emperor, although it was repre- eented that he had approved and ratified them. The chief points of the proposed treaties wera that nine ports, instead of five, should be opened to fercign commerce; that forcign Ministers sbould be allowed to reside in the capital, and that foreign residents should be respected in all their rights of person end property. It seems that a high Imperial commizsioner— the Governor of Peche:li—representing him- eelf as fully authorized to treat with the En- voys, was sent to the mouth of the Pei-Ho, and had two or three interviews with the Russian and American Ministers, in which the prelimi- naries of the proposed treaties were discussed. But although Mr. Reed and Count Patiatin were disposed to recognise in this commissioner the posseeBion of plenipotentiary powers, Lord Figin and Baron Gros were of a different mind, and held that the objeet of fhe conference on the part of the Chinese was merely to gain time. They therefore notified our Minister that they would proceed to bombard the forts erected at the mouth of the river. The conferences were therefore necessarily broken off, and on on the 20th of May the Ta-Kei forts were cap- tured and destroyed. ‘The question is, what is next to be done? The Pei- Ho is navigable only for boats of the smallest deecription. Even if the hostile forces could | be transported up the river as high as Pekin, important naval station, by one of our French | they would still have to march twelve miles to correspondents, whom we despatched to Cher- bourg for the occasion, and who will furnish our readers with all the imposing ceremonies which were to characterise that event, com- mencing on the Sth instant. The Emperor and Emprees had arrived at Cherbourg on the 4th, whero they were received with a Ze Deum and an address at the railway station, and the Em- | | the walls of the city. Their land force is en- tirely too small to render such a movement at | all practicable; and yet it seems that nothing } ehort of the bombardment of Pejsin will bring | the obstinate Emperor to his senses, The de- | straction of the Ta-Kei forts will rather have the | effect of embittering his hostility to foreigners than bringing him to reazon. The Chinese ques- peror received the keys of tho city from the | tion is a difficult one; but, with the determina hands of the Mayor. On the same evgniag the royal syandron arrived from England with the Queen and her suite. Her Majesty was enter- tained by the Emperor and his Empress at « private breakfast. The Arabia brings no de- tails of the inauguration of the Dock Napoleon, but it was, no doubt, enacted according to pro- gramme, with all pomp and ceremony. The work, commenced by Louis XVI, undertaken again by the great Napoleon, has been ere this completed by Napoleon ILI. While all this splendor has been tiashing be- fore the eyes of sixty thousand people at Cher- bourg, we are watting for the intelligence thereof to flath along the great ocean telegraph to this country. For the nonce, we must depend upon cur correspondents for accounts of the grand events of the Old World; but we hope before long to be receiving them via the At- lantic cable, with the motive power of the lightning. Tax Esousa Exorverrs axp Tue Atiastc Caste.—It isa matter of regret that Sir Houston Stewart, the British Admiral commanding on the North American station, did not consider himeelf empowered to grant the request of Mr, Cyrus W. Field and the municipal authorities of this city, that Captain Dayman and the officers of the Gorgon should be allowed to come to New York and ehare with the Americans en- goged in the laying of the cable the honors which their country intends to bestow upon them. We regret this, for the reason that as the work was carried to a succesaful termina tion by the joint co-operation of Eagland and the United States, it would be gratifying to have them with us at this particular time. But if we are not to enjoy the pleasure of entertain- ing Captain Dayman and the officers of the Gorgon, it must not be forgotten that there Is now in New York an English gentleman who took an active and an important part in the laying of the cable from the Niagara. This gentleman is Mr. Henry Wocdhouse, an engi- neer, who occupies a high position among the ecientifc ranks in his native land, and whoee energy and antiring zeal in the great enterpriee are deserving of the highest praise. It was he who shared the la- bors and fatigue incident to the ardaous work of laying the cable with Mr. W. E. Frorett. Mr. Everett, it will be remembered, designed and planned the paying out machine—the ma- chine, in fact, which laid the cable, and which was constructed under his supervision. The machine on the Agamemnon was @ fac simile 0° that on the Niagara, and to Mr. Everett belong: all the credit of their conetructioa—a credit which his countrymen will take particular plea. eure in awarding him. After performing this essential part of the wonk, Mr. Everett went on Voard the Niagara to superintend the laying of the cable, in which work he hae succeeded, and in which he reooived the hearty co-operation of Mr. Woodhouse and the benefit of his engineer ing ekill and knowledge. Let our city authoritics, therefore, concen- trate on this gentleman the courtesies and hos- pitelity which they intended for Ouptain Day- man and his oMfcers, 0 that he may carry back with him to England the meet pleaennt remi- nircerces of his stay in the New World. | tion of the foreign envoys, aided by the strong | force at their dizpoeal, we may have confidence | in ita speedy and definite settlement on terms that will open China to the trade of the world. Tre Event ww Ecxore.—As the sun roe on | the fifth day of August, 1858, the chivalry | ard courtiers of France and England poured forth to celebrate the completion of the great naval works at Cherbourg. These works have been erected as a standing menace to England, and the popular mind there contemplated with little satisfaction the presence of England’s Queen at the rejolc- ings over an event which might be so inimical to Great Britain and the freedom of her institu- tions, Every eye was turned towards Cher- bourg, and every car waited to catch the sound of the booming cannon that was to hall the in- avguration of the perpetual threat of France, At the same hour, unobserved and with unob- trasive silence, the naval heroes of America and England were bearing to land on either shore the ends of the electric chain that hereafter shall bind them together. The feasts at Cherbourg were in fall progrest, when suddenly a flash with lightning speed carried through the United Kingdom, and bore over all France and Earope, the unexpected announcement: “The Atlantic Telegraph is successfully laid.’ To the revel- lers at Cherbourg it came like the writing on the wall to Belshazzar ; while to the people of England it brought home to every bosom the welcome aesurance that Cherbourg’s warlike menace is destroyed by the peaceful promise extended to them through the electric cable from the West. Sexatoriat, Pax Fient.—The Chicago pa- pers advertise a epecial train to Ottawa, leaving Chicago at 8 A. M. this morning and arriving at Ottawa at 11:45 A.M, conveying for half fare passengers who wish to attend the ‘first grand encounter betwoen the champions of slavery and freedom—Douglas and Lincoln.” Plenty of time is to be “given for dinner, to arrange the preliminaries and to prepare the polemic combatants for the contest.” We doubt whether the exhibition will be less disgusting than those which used to be got up at Boston Four Cornere, and are now seen more often in Canada, between professors of the noble art of self-defence. Is Ottawa outside of police juris- diction? If not, the sport ehould be spoiled by the descent of o posse of officers; for even poli- icians should not be allowed to disfigure them. telves end knock holes in each other's repute thon for the amusement of a gaping populace. Dovetas ano Trumevia—Senatorsat. Covr- tesv.—We noticed some days ago Senator Trumbull’s public statement, made in his epeech at Chicago, that Senator Douglas has entered into a conspiracy to prevent the Le compton ccnetitution being submitted to the people of Kansae, and Douglas’ denunciation of Trumbull, in which he branded him as an “jpfamous liar” and “a miserable, craven- hearted wretch, who would sooner have both bis ears cut off than to have used euch language in my (hie) presence,” The Chicago Press ami Trine now—evidently speaking by exthority— secures Mr. Douglas that Mr. Trumbull will ronke {he enme charges to his {ago if he (Dvuglee) will only consea! to meet him, aad that be will fisten the charges upow him by of- ficial documents coutained in the atehives of the federal government. By ail means tet the “Little Giant” secept the challenge. We ali weat to know which Senator is the conspirator ard which the infamous liar. Tur Feavns on tHe Cery Treasuny-—A Move- MENT AMONG THE Taxrarers—In accordance with the views we have eo repeatedly laid be- fore the taxpayers, and impressed with the ar- gent neceselty that exists for some reform in our municipal government, a number of our wealthy citizens bave united in an organization de- signed to affect the next charter election, and all future electione, for the choice of city officers, So fur, we learn, the organization hag been to a certain extent a secret one—no onc being ad- mitted unless upon invitation of a committee appointed for the purpose, and they are in- etructed to invite only euch persons as have a stake in the property of the city, and who are not professional politicians. The roll of mem- bere, we urderstand, slready inclades a large oumber of prominent merchants and profes- sional men, and the movement is making rapid progress in all the uptowa wards, ‘The members of the old Municipal Reform Committee are rigidly excluded from this or- ganization, it being the design of its projeotors to keep clear of all parties who have herotofore meddled in politics, and who coneequently are lcoked upon with suspicion by the public. As may be euppoced from all that we have already said upon the eubject for some months past, the object of the leaders of this movement is twofold-—firet, to put worthy and capable men in office at the next municipal election; and second, to effect a radical and enduring chango in the city charter, through the agency of the Constitutional Convention, which will probably be, and certainly ought to be called together during the coming year. They purpose to lay the sxe to the root of the scandalous abuses which bave so long disgraced the government of this city. Among the epecial reforms purposed to be ef- fected are the following:— First—To take away from the Common Coun- cil and Supervisors the power to increase the salaries of city officials, and to redace mate- rislly the salaries now received. Second—To abolish all fees, and to make it a misdemeanor for a public officer to receive any- thing beyond his fixed salary. This is designed especially to affect such offices as that of She- riff and County Clerk, the incumbents of which receive more per annum than the President of the United States or a foreign minister. Third—To reorganize the Police Department, 20 a8 to place it more under the control of the city authorities, and to reduce the salaries of the patrolmen and officers. Fourth—To have fewer officials to eleot, and to make them more directly responsible to the Mayor. These and kindred matters have been referred to eub-committees to report upon, and the result of their deliberation will be laid in due time be- fore the public. All the prominent members of this indepen- dent party are pledged not to accept nominations for any office themselves, and we may therefore reasonably hope that they will be influenced by higher motives than love of power, place or plunder. This is precisely the course we have been urging the property owners of the city to take, and if they follow it out rigorously there will be anend to the reign of ward ruffians, fighting men, and rowdies of all parties, who have held the city so long in their grasp. There arc over thirty thousand tax-payers in the city, repre- eenting a hundred and twenty-five millions of property. An independent party of that num- ber, acting with a single view to reforming the municipal government and reducing the taxes, can carry all before them. Let those who have eo wisely undertaken the movement now see that it does not flag. Sometamxe ro Lorate.--The Churchman finds in the practice of Roman Catholics something which it thioks emminently worthy of imita- tion. Speaking of the laying of the corner stone of the new Cathedral in this city, the Churchman eaye:—~ ‘The Romanists are a church going ; their contri. butions for rel purpeses are in advance of sects around eg will not fands for ite pce amas tude of omissions to go to the church. Cannot the Churchman euggest some eystem of com- pounding: Evorisn Resownes OVER THE SUOCEsSS OF vue Artantic TeLeGrara.—It will be seen by our extracts from the files of English papers brought by the Arabia, that the successful lay- ing of the Atlantic cable has produced au effect in England hardly inferior to that produced this glorious news; and it is doubtful whether the consolidation of their empire in India, or the attainment of their objects in China, would have elicited more popular enthusiasm thaa was manifested for this triumph of skill and enterprise. The Times speaks of It as having done more for the strengthening and perpetuity of the British empire than was ever done there- for by the wisdom or powor of the government. In two days the stock of the Atlantic Telegraph Company rose in the Liverpool market from £290 per £1,000 share—the point to which it had fallen before the news of success arrived-— to £1,050; and it will no doubt go on rising till it le qnoted at a mach higher figure. We may be perfectly areured, from the manifestations already made in England, that the proposed great international jubilee of the firet of Sep- tember will be as enthusiastically celebrated throughout the British islands as throughout the United tates. The Walker Meeting tn Georgin. PO Tid KDITOR OF THE HERALD. ‘As | bappened to meet Genoral Houningsen on (irosd way, in this city, on the 34 of August, I would beg leave reapretfully to suggest to your Atiante thas in the synopaie he gives of the eloquont speech attributed to the above named ges@iman on that daz in Atlante, in which he ts mado to allude to ‘tho romantic lands of pe inwoaL CONSTANT READER, @h Jersey Otty was not ‘our paper of the 14th of Trix New Raneoan Beunive Say. ic Dy Ughtning, oa stated in THE LATEST NEWS. wnne Cur Spa"tal Washington Despatch. IN?ORTADT Bees FOR OvPios ssextes—serrew MADT OF THE SPOILS QUESTION—MARRIAGE OP MIPS ISABRLLA fO.\SS—CONDITION OF THE TARA: 6UBY, ATO, Wa unaton, August 20, 1868, ‘The congregation here just now of so many lead- ing politicians from New York and Penasylvania has resulted in an amioable adjustment of te dit- ferences which had arisen between the members of Congress and tho administration. While the lagter ia willing to Listen to the advice of the former, amd desires their testimony as to the fitness and compe tency of applicante for office, it ia not willing to oon- cece to them the right to dictate to it the entire dis- position of the federal patronage of their districts, The testimony of other promiment members of the party must bave due weight. The evil alluded t has grown to such an alarming extent of late that it has almost usurped the prerogatives of the Execative, and the President was likely to find him- self without the power of appointing such mea te fill the offices under hit as be was willing to be re- responsible for. He very properly maintains thas, 0 long ashe is accountable to the country for the to hintself to know who he delegutes to” assint in carrying ont his policy. it & now understood that Mr. Schell and the Preasury Depactment will suffer from no further improper iaterferonce on the part of the Now York delegation. It is proper thase should be stated in this connectiowthat there has beom no differences of opinion between the administration and Collector Schell onthe subject of the appoint- ments, The whole trouble has arisen out of the taa- bility of the Collecto? to give the same place to ‘eix or eight men. Messrs. Ward, Sickles and Cochrane are still here. The New York post offices are to be fitled accord- ing to the original appointments:—Fonda, at East Troy; Grattan, at West Troy; and the late appointee at Whiteball. J. Hi. Cain, of Washington Territory, has been se- lected as the Indian Agent to reside at Vancouver, Washington Territory. He is well acquainted with Indian affhirs in that country, having spent the last four years among them. ‘The occasion of the visit of the venerable Secre- tary of State to Connecticut at this time is the cele- bration of the nuptials of his daughter, Miss Isabella Cass, with the Minister Resident to the United States from the Netherlands, Mr. Limburg. The Geveral left this afternoon. ‘The transactions of the Treasurer for the week Tw GENERAL Wasmixaron, August 20, 1368. It Is not probable that our government will agree to the Cass Herran treaty, as amended by New Granada. Senor Jerez states that he has come here with extraordinary powers, and to act in conjanction with Yrisarri. Apprehensive that he would not bo of- ficialy received until. satisfactory explanations ‘were made concerning the conduct of Nicaragua, of which our government complains, he represents he has full authority to rake due reparation or apology, - and to arrange a treaty. The receipts into the Treasury last weok were near- ly nine million six hundred and fourteen thousand dollars, making the entire amount on deposit fourteen and a half millions, ten and@ third of which is in New York. The receipts, apart from the paymeat on account of the ten milfion loan, were over a million—an increase of three hundred thousand over those of the previons week. General Cass left here this afternoon for Stoning- ton,to be present, it is anid, at the marriage of his daughter with Mr. Van Limburg, Minister from the Netherlands. The Postmaster (iencra! and his family bave takea, as @ temporary residence, the country seat of Geaeral Walbridge. Attormey General Black contemplates leaving the city,£0-morrow for Stonington. Michigan Repnbuiean State Convention. Darrnorr, Angost 20, 1858. The Republican State Convention assombled in this city yesterday, and made the following nominations:— For Governor, Moses Wisner, of Oakland coanty; for Lieutenant ‘Governor, Kdwin B. Fairfield, of Hillsdale; gy a State, Nelson (. Isbell, of Liv! ; for State Treasurer, John McKinney, of Van n; for Auditor, Gen. Daniel L. Case, of Ingham; for Commissioner of the Land Office, James W. Sanborn, of St. Clair: for Attorney General, Jacob M. Howard, of omnes for Saperintendent of Public Instruction, John M.G. , of Washtonaw ; and for Member of the Board o! ication, Walter J. Baxter, of Hilladaie. Resolutions were re-adopting tho Philadel- phia platform of 1856, ‘condemni®€ the national administration, endorsing the present State ad- ministration and our ropressaiatives, and iu view of the late annexation of the Old World with the New, declaring that it is the duty of the federal 4 ment to adopt measures fo: Bae hd tl Hive Preto vent adjourned at midnight. The ceedings were harmonious throughont. Repubitean Congresetor al Nomination, InpraNArotts, ind., August 1%, 1558, Hon. David Kilgore was yesterday nominated foe Congress by the republicans of the rinth district. Cisernatt, Augast 20, 1958. 0. W. iy, ex-Commissioner of In- dian Affairs, was for to-day by the democrata of the Sixteenth t. Yellow Fever at New Orleans. Naw Onueans, August 19, 1858. ‘The deaths by yellow fever in this city on Wednes- day were forty: . Naw Oansans, Ai 20, 1358. The deaths in this city by yellow fever yesterday were twenty. 20, 1858. Fue ee ho Srrovpsncre, Pa., Angust W. 8. White's tan lace by fire about 12 0’ dest sigs. fowared $10,000. The fire was ns a Death of a New York Shipmaster. CHARERAVON, B. C., Angst 29, 1858. Captain Joseph Tamiiton, a New York ship master, diod in this city to-day, of yeliow fever.