The New York Herald Newspaper, February 26, 1859, Page 4

4 NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR. cash tm advance, Money sent TERMS, rie TO eender. Pomege dampe wt rik LY FEPALD, hoe conte ), Of per anne Uk ae ar OTS cee 4 corn oF $3 por annum: the Puropenn Blteon " os om canta por copy, 94 per cnnams © ay bare Lo Sutisreta el sn the eh an BAe sch month mt aro Ouforeta PTH VEMILY MERALD, cot Webnasny, ot four cents por or Sper onan “Mrontan® Piemrenre sneer va ees, solic ere ined hy yon ‘amp Pace: 160 NOTICE taken of anamymens correspondence. We dona revere relected inns ewe tateone Aen pmom amd be AMUSEMENTS THIS EVENING. BROADWAY THEATRE, Benpeen ‘Harev Uikat Beonme tux Bov—Aacenm oF brats NTBLO'A GARDEN, Broadway. Ounces Panronmanoms— satinee Honsss, Meuaa be BOWERY THRATEE, i fee ARMORER OF ines Tas Inceneuant Minernet. Brosdway—Taa Veranan | on, to A’ No Broadway. Ove LAURA geeery setares, “ WUM'S AMERIOAN MUSEUM, Hroadway —AMer- nove ent Bveoing- Nnano Misvtunsy <vnvowttes, Be. STREL BUILDING, 561 and 845 Boondway OOD Eiken Dasoss, ho Mrs Bemus, NTS” RELA, MECHA NIO® MALL 427 Broad: wee TANTS anes avo Demasqves-iis Wor» as Ax ACTOR, New Vork, Saturdey, Febroary 18, = —— The procecdings of Congress yesterday were ternal highly important, both as regards ow afairs and our foreign relations. passed the Post Routes bill, abolishing the franking privilege and i doth of which will probably the rate of posta be rejected b, ¢ House. In accordance with previous unde ng, the great and closing de- bate on the Thirty Million Cuba bill was then com- menced, the republicans interposing obstacles to the progress of the discussion at every opportunity. Our Washingion correspondent predicts that the bill will pass the Senate by nine majority, but that it will not be taken up in the House. In the House a motion to suspend the rales to allow the introduction of a bill repealing the present tariff act and reviving the act of 1846, ‘was negatived—85 to %4. The vote whereby the Post Office Appropriation bill was rejected was reconsidered, and the subject then laid aside. In Committee of the Whole the Naval Appropriation bill was discussed. An amendment reducing the appropriation for repairs, armament and equip- ment of steamers, and for hemp, from $3,100,000 to $1,900,000 was adopted. At this stage of the pro- ceedings the House was found to be without a quo- rum and adjourned. By an arrival at this port from Aspinwall we have the important intelligence from Nicaragua that the Cass-Yrisarri treaty has not been ratified, but thatatreaty negotiated by Sir William Gore Ouseley, the British Plenipotentiary, has been signed, sealed and delivered. The letters of our correspondents, published this morning, contain full details of the news. In the Legislature yesterday the Senate was en- gaged in discussing resolutions relative to the pro- posed acquisition of Cuba. The resolutions were introduced by Mr. Schell early in the session, but the subject will probably be disposed of by Congress before our local Solons make up their minds with regard to it. The Assembly was engaged upon the Canal Tax bill. The Galway steamship Prince Albert, Captain Waters, from Galway on the 5th and St. Johns N. F., on the 19th inst., arrived at this port at half. past ten o’clock yesterday morning, and landed William Smith O’Brien, the celebrated Irish patriot, and one hundred and ninety-two other passengers. | A deputation boarded the Prince Albert in the bay and cordially welcomed Mr. O’Brien to our shores. | At the Battery he was met by a large and enthu- siastic assemblage of citizens, and an artillery com- pany, which fired a salute. Speeches were delivered by Judge O'Conner, Mr. O’Brien, Capt. McMahon and others. A full account of the reception may be found in another part of to-day’s Hanan, A meeting called to oppose the granting by the Legislature of privileges to private associations to construct railroads in the streets of this city with- out compensating the Corporation therefor, was held at the Cooper Institute last evening. The meet- ing was advertised to commence at half-past seven o'clock, but parties in the interest of the railroad associations anticipated the managers of the aflair by some fifteen minutes, organized the meeting, and declared in effect that the citizens of New York are in favor of the largest liberty in this matter of rail- roads through the thoroughfares of the city. The proceedings, of which we give a report in another column, were quite amusing. Mr. David D. Field appeared before a committee of the Legislature yes- terday, and mode an elaborate argument in favor of the project« | railroad on the Bloomingdale road and streets running parallel with Broadway. Notwithstanding the inclemency of the weather, a largely attended meeting of influential citizens was held at ie Academy of Music last evening to hear a report in reference to the establishment of an observatory in Central Park. A synopis of the report, together with sketches of the remarks of the speakers, are given in another column. It is proposed to erect a first class observatory, ata cost of $200,000, and notice has already been given to the Legislature for an act of incorporation, and | subscription lists opened. Tn our summary of news yesterday morning we igadvertently did injustice to Mr. Isaac Edwards, late Collector of Assessments, in stating that a deft- ciency on his part of $51,317 71 had been reported by the Street Commissioner to the Mayor. From this statement, communicated by the Mayor to the Common Council, it does not appear that this gen tleman kept back any of the public money, the deficiency being on the part ot the deputy collec- tors, the amount of which is stated in the case of each one of them as follows:—Robert McGary, $262 51; Samuel Allen, $24,751 77; Robert McKin- nin, $7,506 40; Julius Johnson, $8,754 59. The Fire Commissioners continued the examina tion of witnesses in reference to the recent row be- tween engine companies Nos. 30 and 40 at their adjourned meeting last evening. The witnesses examined were members of No. 30, and their evi- dence was stmply a corroboration of the previous’ testimony elicited. The Board adjourned till Mon- day evening, when it is expected the investigation will be sar & Conclusion. During Part of the week we enjo: beautiful spring-like weather, but on tTeakey night the atmosphere commenced growing colder. Yesterday morning the weather felt decidedly Marchy, the wind blowing keenly from the uorth- east. In the forenoon snow commenced falling in light fakes, and up to a late hour continued to come down, but not in such force as to promise any degree of permanancy, as it melted as fast as it fell. During the day the mercury was at tho freezing point, but at dark it had receded ten de- grees and was still falling. The European news received by the Cantda at Halifax NEW YORK HERALD, SATURDAY, FEBRUARY 26, 1859. “] them are 60 generally understood that th and published in yeslorday's edition, giving an account of free sales of cotton in Liverpool at about one-quarter of & cent per pound advance, imparted increasod activity aad ‘Srmnees to this market. The sales embraced about 4,509 bales, about 2,000 of which wore in trensitu. The market closed at an aivance of about Se w ie. per Ib. over bem men regarded the French Emperor's mossage in Giff. rewt lights, Some considered it to be quite moderate a0 peaceful, while others thought that under his poace profeamons there was a purpose concealed which, taken ‘@ connection with bis comstaut and active milltary prepa- Fations, looked strongly in favor of war. Othors thought that the message was Loo committal, and that the ques. te of peace or war was about as obscure as it was before the message was delivered, and that he could as- ame either alternative without violating the language of hip mensag». hose who looked upon it in a favorablo hight considered that no ether encouragement could bo ¢rawn from it than the simple fact that it gave proof at least of delay before anything rash would be done, dur- ing which the different nations might be able to mollify oF to settle difficulties without resort to arms. Flour was firm yesterday for common and modium grados of Stato and Weetera, with a good demand from tue domestic trade, Southern four was active and rather firmer. ‘Wheat was firm and sales light. Corn was rather firmer, ‘With moderate sales. Daring the week: eniing yesterday bot a barrel of four nor « bushel of grain was shipped to ‘Great Rritain from this port. Pork was some loss buvy- abt, while prices were without material change. Beof was firm and rather more active, Sagars were more firmly held, but the sales which transpired were couflued to some 160 © 200 hinds. New Orleans at 7}. a 70. Coffee wae soiling in small low at unchangod prices. In froights there was more doing in cotton for Liverpool, and about 1,000 bales were engaged at 6 S2d. a 16d. -Othor articles were unchanged <b e ‘The Middle Ground and Party Between the Seetional Factions of the Day. It cannot be denied that, in abandoning the eafe conservative administration of Mr. Bucha- nan, the Presidential leaders and Southern mana- gers of the democratic party have substantially veduced that party, for all practical purposes, to a mere Southern proslavery agitating faction. The governing wing of the democracy have thus cut down the party to a spurious organization & thoroughly sectionalized as the republican amp. Nor, on either side, can we detect any symptoms of amendment, The late speeches by republican leaders of Congress, endorsing the revolutionary abolition manifesto of W. HL Sew- ard, and the still more recent ultra pro-slavery declarations of the leading Southern fire-eaters of the Senate, have apparently fixed the position of both these sectional factions on the slavery question, Between them the issue is decreed to be no clavery or pro-slavery—an issue which arrays the North against the South, and the South against the North, with all the embittered animosities of the various spasmodic slavery agi- tations of the last forty years. B tween these two sectional factions there is, as yet, no broadly orranized national inter- mediate party; but there are abundant materials aficat for such a party, and the exigency for its organization is eminently favorable. Nor is this all. Certain initiative steps, in several States, have been taken by the opposition elements of the South in the right direction. Their late State Convention of Virginia, in particular, has resulted ina fusion of their forces, which bas already very much operated to the confusion and alarm of the wrangling and demoralized local democracy. Indeed, the chances for an oppotition victory in Virginia this year are in- finitely better now than they were in 1855, when the mysterious Know Nothings threatened there to carry everything before them,as they had already carried everything in Massachusetts and in some of our large cities. But their shocking nativistic oaths and re- ligious tests of proscription, and their dark laa- tern mummeries and stuff and nonsense, dis- gusted thousands of respectable men of the op- position camp; and thus Henry A. Wise, after a most zealous and energetic campaign against the dark lantern fraternity, routed them, ina perfect Waterloo defeat. Now, however, the | heresies ot Know Nothingism, dark lantern, se- | cret lodges, horrid oaths, Puritanical blue law { proscriptions, and all, having been cast aside as the foolish excrescences of bigotry, fanaticiam and ignorance—now what do we see? A @rdial | opposition reunion in Virginia upon those broad, national, practical constitatioual issues upou | which, at this day, there is the most inviting | field, North and South, for this identical party | movement. | In this view, and in view of the present dis- | mantled craft of the Virginia democratic party, | there is a very good prospect for an opposition victory there in May, in the election of Mr. Gog | gin ax Governor. The present Governor, Mr | Wise, has gone off at a tangent from the circle of the general administration camp. He, trough his central organ, (the Richmond Hnguirer,) has flatly and indignantly repudiated the policy of Mr. Buchanan, foreign and domestic, upon every important specification of the December mes- sage. The Governor, too, bas doubtless « fac- tion at his back capable of doing much mischief in an election involving the support of the ad. ministration, Thus, should Mr. Leteber, the democratic pominee for Governor. propeed, after the adjournment of Congress, to the business of the Virginia canvass, he will doubtless be re- quired to chow his hand. Ils opponent, Mr. Goggin, an able and experienced campaigner, will be on the stump, and will compel bis rival to speak distinctly concerning the general policy of Mr. Buchanan. Should Leteber endorse the President, Wise and his faction will give him the cold shoulder; but, should Letcher sustain the views of Wise, thea the Hanter Presidential | clique may fail in their duty. Thus Mr. Letcher is placed between two Gres. He is believed to be « Hunter man; he has been accepted by the Wise faction; he bas proved himeelf, thus far, to be well disposed towards | the administration; but of late we fear be has been wandering off into the Dismal Swamp of Southern abstractions Regardless of Wise and Hunter, and in a bold and fearless wivocacy of Mr. Buchanan's foreign and democratic potley, | doubtless Mr. Leteher e6uld combine the Vir ginia democracy. They have ever been loyal to a democratic federal administration, They have always bad special Hiking fur the com | servative principles of Mr. Buchanan; snd apo the financial issues of the gay they kmew hie views as well in 1856 us they know them wow. But there is reason to fewr that ia playing fast and loose between Wise aud Hunter, Mr Letcher may alienate the managws of both factions, and also the friends of the adwiulatra- tion, who care little or nothing for either Hunter or Wise. In addition to these intestine troubles, there is the paramount difficulty to Mr. Letcher of the sectional pro-slavery and secession ten- dencics of the governing Southern wing of the general party camp. The sober poople of Vir- ginia have no taste for a disunion sectional agi- tation. They waht peice, Their geographical Position is between the two sections, and their political policy is the same. They know it, Hence their heavy vote in 1856 for Mr. Buchanan, in spite of the disunion fire, fuss, blood and thunder harangues of Gov, Wise. But, betwoen the rival Presidential intrigues and movements of the Wise faction and the Hunter fao- tion, the managers on the one side or the us may find it convenient to swamp Mr. Lete ., whatever course he may pursue. And here there is a fine a masterly stroke of policy on the part of MF. Goggin and his supporters. The central organ of Governor Wise repudiates the President’s message a8 & budget of old whig and old federal heresies. Mr. Buchanan has certainly done very little to en- courage the growth of foggy Southern abstrac- tions, His measures and his recommendations are of a soli@ and practical character; and if, upon some important points, they are identical with the views of old line whigs, why should not the old line whigs of Virginia, as well as those of Congress, cordially support him? In doing so, a positive balance of power might be carried over from the seditious democratic camp to the forces of the opposition. Unfortunately, in this conneotion, that noisy and inconsiderate politician, Mr. Botts, and that flippant, superficial and incompetent Virginia opposition central organ, the Richmond Whig, have already led off in a hue and ory against the administration, as if the viotory were seoure without. reinforcements. But, notwithstanding such incompetent leaders and organs as Botts and the Whig, it is quite possible that the oppo- sition, in this approaching election, may conquer Virginia. If they do, the last stroaghold of tho broken democracy will have fullen, and a revolu- tion will have thus commenced, in behalf of constitutional principles and practical issues, which will give to this new party in 1860 the whip hand over both the great seotionalized and slavery agitating parties of the day. Thus upon this Virginia contest hangs the important issue of a great and wholesome politictl revolution; and we have no objection to see the good work thus begun. Rejection of the Cass-¥risarri Treaty and Ratification of Sir Wm, Gore Oqecley’s—The European Schemes in Spanish America Yn- masked. The completion of Sir Wm. Gore Ouseley’s treaty with Nicaragua, and its ratification by that government, taken in connectia with the nou-ratification of the Cass-Yrisacri treaty, com- pleftly unmasked the schemes of the European Powers against our influeuce and interests in the republics south of us. There is a scheme of persistent efort against us in Mexico, Central America ani Cuba, iu which Lonis Napoleon is the prime mover, and England and Spain nothing more tlan the se- condary agents, or tools. This is evinced in the proceedings of the French Ministe, Gabriac, in Mexico, seconded by Mr. Otway, aad the Bri- tish fleet at Vera Cruz; of the Frinch agent, Belly, countenanced by Lord Malnesbury at home, and seconded by Sir Wm. Gore Ouseley in Nicaragua; Xnd of the counsels of the French Emperor to Spain, to abolish slavery in Cuba and import many thousands of Asiatics in order to make that island undesirable to the United States. For a long time the mask has been kept on by the allied Powers; and Lord Malmesbury to Mr. Dallar, and Mons. Sartiges, Lord Napier and Sir Wm. Gore Ouseley to the government at Washington, have constantly given the most deceptive assurances of the inteations of thelr respective governments. From Mexico the government has been constantly forewarned, aud has repeatedly urged on Congress the neces- sity of giving it power to act, but witaout suc- cess. In Nicaragua the game has been prepared for our opponents by the manifestly incompetent and disgraceful agents we have sentthere. To countries where the most intimate knowledge of the Spanish character and habits of thought is requisite, and where the delicacy aud grow- ing value of our interests required a rare combi- nation of experience and tact, appointments as diplomatic agents have been conferred on per- sons who would not have been entrusted with ther interests by the smallest mercantile house ja the country, and whose nomination was urged by a miserable supposed expediency in regard to thelr local politics merely. Ia regard to Cuba, the insane agitation of the negro question, by the Southern fire-caters, who wish to reopen the slave trade on one side, and the Seward aboli- tioniete, bent upon carrying on “an irrepressible contliet” on the other, has prevented all parties from comprehending the true state of the toils that are being woven round that island. The nmerking of the European schemes has come oto propitious moment for as. If, in the present complicated condition of affairs in Europe, we take at once the bold stand that comes as at @ nation, and which tolled by our imperiled interests American regions, we can foil that are ripening, aad preserve from a % “it ths Fe : 4 { 3 : i : | i i | ul i ef F i : : i ' Fi the moet imprs tant that bas ever occurred ia our foreign relations and it |: not at all improbable that complications are cluse upon us which will render an extra gemion of Coagross vecessary at As for the refusal of Nicaragua to ratify the Come Vrisarri treaty. there is tut one honorable cours for our governmont te purses. Gen. Jeres thoukl be immediately dismiss d Gea. Lamar shoo'd tb» recalled from Nicaragua and orders sbould be at once went by the President, on bls OWN Tesponsilility to the commander of our feet fm the Pacttic to put our claims le fr) the Nicara- gua goverameot wer the Topete fashion at Tam: pico, and the AngloFrmen style at Vera Craz, Give to President Martioer ax days from the day the Commodore's lever leaves the ship at Realejo, to return an anewer on board of ber at that port, acerding to ev ry jot and tittle of our just righte; and if Unis is out complied with let him destroy Keal-jo aod every other towa be tween that and the boundary of Costa Rica If Mr. Buchanan does thir, the poople will every: where sopport bim, and be will be the most popular man this comutry bas sen since the days of Gen. Jackson. If be does not do fi, oF follow some similar energetic course. be will find Lule administration entangled for the rest of his term with a multitude of Spanish-American im broglios that will bring se honor to Lim or profit to the republic, We published yesterday some choice speci- mens of the disclosures made by the Special Committee of the House of Representatives ap- pointed to inquire into certain alleged corrup- tions in the spoils and plunder jobs of various navy yards. These disclosures are indeed astounding, and indicate the most extensive ramifications of bribery, compounding and cor- ruption, They are the ripened fruits of years of steady growth, and they indicate a very compro- hensive field to Mr. Buchanan for the pruning knife of rotation, retrenchment and reform. Several other committees of iuvestigation have: been at work for some time at Wash- ington, ferreting out various official delin- quencies in different departments of the federal government; two or three legislative investi- gating committees, we believe, are ut work at Albany; and’ the name of such inquisitorial boards that we have had from time to time in reference te the spoils and plunder of this Cor- poration, is legion. With every change in every department of our city government some great nest of official rogueries is discovered, and from one Legislature to another, and at each succced- ing session of Congress, committecs of inquiry into matters of public spoliation are becoming more and more the order of the day. In truth, during the last fifteen years or more, official honesty, morality, integrity and patriotism have 80 far been superseded in our federal, State and municipal affairs, by all the baser elements of official corruption, as to suggest most forcibly the important question whether our republican system is likely to continue a great success, or to collapse as a deplorable failure. During the first period of the republic—in which its affairs were administered by our great, pure, patriotic Revolutionary fathers, the no- blest race of men which the world has ever pro- duced—our governmental affairs were conducted with the most remarkable devotion to the pub- lic interests, and with the most benefi- cent consequences in behalf of our popu- lar institutions, at home and abroad. During the second great epoch of the confede- racy under the federal constitution, beginning with the last war with England, our public servants, of high and low degree, were only in- ferior, in their general morality and integrity, to those of the Revolutionary generation. Indeed, upon those points of integrity and patriotism, such men as Clay, Calhoun and Macon may, without presumption, be placed in the same schedule with such as Hamilton, Jefferson and Madison. The same may be said of Mr. Buchanan—a cotemporary and a peer of Clay, Calhoun, and that class of American statesmen. Trained in that school, and in those lofty principles of per- sonal government which were the general rule of that day, Mr. Buchanan, throughout his long and eventful public life, has maintained intact that integrity and purity of character which leave him at this day a more fitting representa- tive of the Revolutionary epoch than, perhaps, any other official agent of the American people. Unfortunately, however, for a smooth adminis- tration of the government according to the an- cient régime, when Mr. Buchanan entered upon the Presidency, he was confronted et the very outset with unprecedented embarrassments, the legacies of his last two or three, or four or five predecessors, and the consequences of those demoralizing official corruptions, which, since the administration of Van Buren, have sprung up on every side, and multiplied like poisonous; — weeds in a rank soil. ‘These are the evils against which Mr. Buchanan has had tocontend. He has labored fuithfully to right the ship of State, and to stop her leak. ages. But with spoliation and plunder as the prevailing maxims of all our political parties, and of our managing politicians, of all sections and all classes, in and out of place, the President of the United States has but a limited sphere of resistance. [The truth is, that during the last fifteen or twenty years, as a gencral rule, honcst, high minded, refined and educated men, in all our governmental affairs, federal and local, have been bullied out of place by the lowest and basest vagabond race of political adventurers, hbucksters and public robbers. Men of intellect, education, good morals, refinement and reliable honesty have thus been driven into the walks of literature and the learned professions, or to mercantile, manufacturing or agricultural pur- suits, while ignorant vagabonds, unscrupulous Gemagogues and reckless ruffians dictate our laws, tax us, rob us, and destroy our property and our lives, with comparative impunity. * What does all this portend? Can these things be suffered to go on without drifting us into more serioustroubles? Are they not hurrying our popular institations into public contempt, the world’s reproach, and to the abyss of revo- lution and anarchy? And from revolution and anarchy will there be any other alternative than ® military despot, or two or three or half a dozen independent military despotisms? The great body of the intelligent and solid American people have permitted these party demoralizations ‘and official corruptions to go on unchecked long enough—perhaps too long now to be arrested. But something may even now be done in behalf of law, order and official honesty, in sustaining the administration of Mr. Buchanan for the present, and in active move- ments for 1860, in opposition to all the rotten partics, party and party caucus managers of the day. Otherwise, this malignant poison of official corruption which has thus been infused into our political «ystem will continue its work of mis- chief, watil nothing but the sacrifice of a limb or two will save the patient. There is a volume of instruction in that.old axiom, that “the price of liberty is eternal vigi- lance.” Let the sober, solid, responsible, think- ing American people prepare to take their go- veromental affairs in their own hands, or prepare for enother step or two towards the popular in- stitutions of Mexico. In the meantime we ear- newtly suggest to the President the policy of a thorough overhouling, guilletining and reorgail- gation at wll the navy yards where these aforcsaid Jobe are located, and of all the other naval .sta- tions @ rigid examination, This done, the other departments of the federal government may be much improved by a sifting executive inquist- tion into the management of their financial de- tails, But the first dash should be for a new set of men at the Brooklyn yard, from top to bot- tom. No half way measures will work a reform where wuch complications of logrolling exist, j Banas axp Baxk Devatcations.—The detal- entions brought to light in the Atlantic Bank, Brooklyn, have taken no one by surprise. The frequeney of such revelations within the last year or two bas so binnted the public sensibility to these shocks that It now accepts them as a matter of course. The influences which lead to yoked on as inevitable. Where there is no cary- ful a Soupotont supervision there can be but litle Sdeling’ 8¢ trustworthiness on the part of subordinates, ad, vubappily, these are the pre- vailing conditions “f moat of our bavking insti- tutions. It s notorious that of our bank presi- dents and cashiers scarcely *a fourth are thorougly acquainted with bookkeeping. Then, again, the majority live out of the city, and are to be seen hurrying on to the cars and steam- boats as soon as the clock strikes four. Now, ‘every one knows, the most important dutics of banking superintendents have to be porformed after the public business hours. The task of verification has to be gone through; and as it is only the heads of the bank who can properly do’ this, it follows that if they abandon their posts just at the time when their services are most re- quired, they leave temptations and opportunities in the way of their clerks which the honesty of but few can resist. To this shameful inattention and incompetency on the part of bank presidents and cashiers is undoubtedly to be attributed the ruin of tho many young men who, like Field, the defaulting teller of the Atlantic Bank, are led on, trom one act of dishonesty to another, until exposure oyer- takesd4hem. But it is not merely with sins of omiseion that the former are chargeable. They not unfrequently exhibit in their own lives the vices which bring disgrace and punishment on their subordinates. Many of them have as much zest for fast women, fast horses and fast living as the youngest clerks on their establishments, although they endeavor to keep their propensi- ties screened from the public eye under an ex. ternal affectation of propriety. For such men the gaming table has irresistible attractions, be- cause it is a passion in a measure cognate to their occupations, and because it may be in- dulged in secrecy. It is a fact notorious in sporting circles that there are no greater patrons of gam- bling and assignation houses than some of the offi- cers connected with the banks. This is readily to be understood from the facilities which they enjoy of helping themselves to the money of the'r depositors, and of pursuing for years, with- out detection, a course of profligate living. The banks in Wall street, and the faro banks up town, seem, in fact, to have been founded on the mu- tually supporting principle—for the necessities which constitute the profits of the one are fre- quently caused by the operations of the otier, and vice versa. Were there no fast bank cashiers and tellers, the hells of Broadway would drive but a sorry trade. THE LATEST NEWS. IMPORTANT FROM WASHINGTON. THE CUBA QUESTION IN THE SENATE. Immense Effort of the Republicans to Stave Off a Vote, ENTERTAINING TIME IN THE HOUSE The Tariff, Post Office Appropriation Bill, the Naval Investigation Report, the Paraguay Expedition, and Other Questions of the Day. WHAT I$ TO BE DONE WITH MEXICO? Probable Recognition of the Juarez Government. THE CASE OF THE ITALIAN EXILES, &o., &., ao. Our Special Wi MEXICAN APFAIRS—RECOGNITION OF THE JUARKZ GOVERNMENT—THE TARFF AND TREASURY NOTE QUESTIONS—ROYAL PHELPS INVITED 70 CONFER WITH THE PRESIDENT—THE CUBA BILL IN THR SE- NATE—THE CASE OF THE EXILED ITALIAN PATRI- OTS TO BE BROUGHT BEFORE CONGRESS—THE FILI- BUSTERS AND POLITICIANS ON HAND, ETC., ETO. Wasiineton, Feb. 25, 1859. It is understood that the President hag decided to receive Senor Mata, and thus recognise the Juarez government. Everything is yet foggy as to the probable result of the tariff conflict. It is the impression that ail the appropria- tion bills will be passed, and that the fight will be made on tho bill to reissue Treasury notes. The Pennsylvania delegation and republicans declare they will not givo ‘way—that an amendment of the tariff must be enacted or they will vote down all loan or reissue propositions, Their backbone remains to be tested. It is not believed the proposition to revive the tariff of 1846, and retain the freo list of 1857, can carry; and should it pass thoro is Teason to believe it would not receive the executive g2nc- tion, not only on the ground of being hasty and unwise legislation, but because it would not raise a sufficient re- venue. The Senate promises to have a long session to-night, as the republican minority declare they will test the physical endurance of the majority. The Cuba bill will pass the Se- nate by about nine majority. It will not be acted upon by the House. Mr. Secchi de Casall, of the Hcho d’Nalia, of your city, has just visited Washington in reference to the Italian exiles banished to the United States by the King of Naples. He has laid his views before the government and several members of Congress in relation to the expatriation of these mon. The result is that the matter is to be brought before Congress by resolution, and an inquiry instituted by what right the Neapolitan government forces its subjects to leave their own country and throws them on ours, with the sum of forty dollars each in their pockets. They must necessarily become the objects of public charity, not knowing the language of this country, and not having any trades which they can exercise for their aupport. This ‘will lead to a correspondence between our goverament and that of the tyrant of Naples. Mr. Casali, since his virit here, has received from the Mayor of New York a letter relating to this busincss, of which the following is a y— ys Mayor's Orrick, New You, Fob. 19, 1859, Dnar Sin—In reply to your uote of the 17th inst., in re- lation to the Italian exiles who areon their way to thia city, permit me to say that [ shall be happy to act on any committee, for the object you allude to, a8 you may sug- gest. Sympathizing with these devoted friends of liberty in Ph g8 in its Cause, f Tate pus, very re- Bpectlully, IAN'L ¥. TIEMANN, To G, ¥ Soom pr Cassatt, Esq. A few days ago Mir. Buchanan invited Royal Pheips, of your city, to an interview on the tariff and other ques- tions, This mark of respect to the commercial commu- nity was not only merited, but indicates sound judg- ment on the part of tho President in seeking information in tho right quarter, Generals Henningsen, Wheat, and some oight or ter others of the flibustera, are hore on the qui vive. Scholl, Sanders, Butterworth and Hart have been hore together, and, strange to way, without a row. The wolf ies down with the lamb, e ‘THR GENERAL NEWSPAVER DESPATCH. Wasainaton, Feb. 26, 1859. ‘The rumor that ail the avallabio naval force, including the sloop of-war Vincennes, has been ordered to the Gulf, seems strongthoned by a remark made by the Chairman of the Committee on Ways and Means to-day, that this American fea, a6 he termed it, belongs to us, and that wo will and must exeroise control over it. The next arrival from Mexico will, it ia anticipated, bring highly important Intelligence in connection with the French und English flcets, and requiring «larger Amert- can naval force than bas been heretofore kept in that quarter. The Union of this morning says, in an editorial:—Tt has become perfectly obvious that no measure of revenue SO oy an. | fe a be adopted by the present Congress, tu the short epece time remainiog of its existence.” Tho Union, thera. fore, Teeommends the revival of the aot Of 1845 foF three years, a, the ro-isauo of Treasury notes. It srameg that this could ww, 4ue with porfeot democratic cousictanoy : those who réfem.” to vole fur theee virtually voto bo stop the whoels of guys, "mea r The following is ti _conolading resolution of the Coni- mitteo on Naval Contraséy. ,°%4 Abuses, wilott Was inad- vordently omitted yenterday, a “Mey :—“Nothiog has bead Proven in this investigation wie '™peaches in any way the percona! or official integrity of tk’? Secretary of the Navy.’”” ‘The Navy Department this morning received @ despaicw from Lieutenant Braine, commanding the batk Julia Dean, dated Norfolk, in which he states that Se bag captured the Julia Déan, suspected of being a slaver, on the coast of Africa, and brought ber iate that port. Augustus Freyeran, represented as passenger on the Dean, diedon the passage to thé United States, to hia wife at Havana, It was supposed that ho was the captain of the vessel, on board of which it is supposed there is a great deal of treasure. The department this morning sont orders to Licusonant Braine to turn over the hands on board the Dean to the United States Marshal for trial. It is eupyosed that the Dean is owned in Charlesten. She has been ordered to be examined, it being supposed ” that she has been injured by having struck a reef. The Special Committee to investigate the oharge of cor- ruption against Mr. Searing, of the House, have made their report, As it was immediately sont to the printer, there was no opportunity to examine its contests; Dut, on tp authority of a member of the committee, ib ap- pears that while the committee unanimously concur im the opinion that the testimony does not exculpate him, they think it insufficiemt -to warrant his expulsion, The House will be called on to morrow to decide uyom the subject as proposed by the committee. It is further said that Mr. Searing fled a statement of his own to rebut the testimony against him. The Pennsylvanian and other members of the House, representing different partios, voted with thoge who are favorable to tho revival of tho tariff of 1846, om Mr. Hughes’ ineffectual motion to suspend tho rules to enable bim .to introduce a bill for that purpose, Some, while pi sao to the bill, thought it id afford & basis for» different measure. The Southern members, embracing the extremists, the Massachusetts members, anu geutle- men from nearly all other sections, opposed the motion. Our Washington Correspondence. Wasinaron, Feb, 24, 1859. The Mexican Question—One of the Crises of that Remitltc— What are Miramon’s Prospects ?—Senor Mata’s Mis- sion, de., de. It is generally euppozed that Senor Mata, the reproaen- tative of the liberal party in Mexico, will be received here by the President, and recognized asthe Ministur from that republic. This will be in effect a recognition by our goverament of Juarez aa the true and lawful President of Mexico. ‘That the United Stater will be required to intorvene in Mexican affairs, after this recognition, cannot be doubted. Aud if this intervention is at all vigorous, it will be offec- tual to reinatate Juarez in the government at the city of Mexico, and restore peace to that distracted country. General Miramon is at this time at the head of the coa- servative or church party, and Juarez at the head of the liberal or constitutional party. Miramon holds possession of the four or five central and rich and populous States on the plains of the republic. Juarex is recognized by tho Northern States, and those bordering on both ocoans, in which ail the eeaports are situated. Manon bas the best army, with well equipped aod drillel troops, proporly supplied with war material of all kinds, except siege trains. Juarez has the mass of the population and a large majo- rity Jn pabiio inion with = SRR ¥ len can_ proper! possess mucl strength. is the weaker is the question. Both are nirugale vibe pale {tetitely, unless tao Uatot rf wi unl 0 Staten should lend their aid the contest. Miramon from | in the Republic alike, and t exact from each a fulfilment of lations. The debt to British bondholders tg about $6,000, known sentiments and measures, whil Gate the foreign obligations from’ year to year. Count Gabriac, the French Minister ‘in Mexico, is 2 fuesy, meddiing little busybody who, t> make himself of ‘some importance, will always be interfering with every question. But still, it is certain that the French govern- ment will not intervene in the politics of Mexico. Mr. Otway, the Englich Charge, is only disposed to do his duty, and to let the Mexicans alone in their squabbles, His taking Zuloaga~ to his house, when he wes in out of the palace and with violence was only in accordance with tho poli of the Evglish Legations all over the world, to shelter sea posed chiefs from the rage of their political adversaries. ‘he same thing has been constantly done Ca the Loga- tions in Mexico from time immemorial. erefore Eng- lish and French intervention will oaly be forcible to exact pay mont of sums aanually due by treaty stipulations. It ie the general impression formed from the letters received from Mexico, that Miramoa is well aware of the difficulties of bis position, and ig anxious to make a fortune with which he can comfortably quit the republic. With this end in view ho hag sent somo friends to visit Santa Anna at the island of St. Thomas, and to bargain for his return to power. Ifthe old Dictator will pay handsomely from his extensive fonds Miramon will resigo in bis favor. But neither the clergy nor Santa Anna are likely to close with this proposal; for the church prefers. Miramon, while Saata Anna has nev@r expended any portion of his private fortune, beyond a few thousands, to insure his return to Mexico. Besides this, Santa Anaa will not retura, nor ever has he, unless the whole country is to re- cognise his authority. He could haye no of restor- ing tranquillity while two-thirds of the States were in open arms against him. Let the United States, thorefore, recognise the Iberal in Mexico, and turn their attention to the wants of the liberal forcea on the Pacific—to Alvares, Blanco, cl » Degollado and Iturbide. Mexico on tae Pacitic is the for American intervention, Amorican enter- prise and American commerce. ‘THIRTY-FIFTH CONGRESS. SECOND SESSION. Senate. Waausorox, Feb, 26, 1869. ‘THR MATL ROUTE, +The Post Route bill was put to a vote and passed by ayes 00, pays 25 THR HOMBWTEAD MT. An ineffectual attompt waa made by Mr. Doourma (obp.) of Wis., to obtain a yote on the Homestead bili, THE AOQUISITION OF CT'RA. ‘The Cuba bill was then taken up, and Mr. Marsorr, (adm.) of Fla., reeumed bis renmrkn. Mr. Witsox, (opp.) of Maws., offered the following amondment:— Promotes mutual oreoperty, ood ‘De surest guataniee oe permanent peace; and Whereas, it ie not the of the Unived States to any nation of her rich w valashie, cuitivate with al! nations the most iriendly aad unrostiroted Staten towards herself. impairs the wouk othr to both nations from trade and commerce be tween United Btates and Or >a, and W A treaty Degotiauion for the removal of all fitiberat and unjust resiriouiona wade Commerce! Wer out between this country of Gabe, and every uaiten “iio enacted, That the Preaiiect be end rowenatee thas contivent for U ot ae eric dependencies & ited Baten, nul V0 ime awary ment of how of the slave ahip to the mits, at three ounces per 5 he raid, oppored to the trade. Me. Mailory ded him self from connecting the distracting subjoot of with the acquisition of Cubs. Mr. Pixon, (opp.) of Coun., spoke for (wo hoors, re shes Aad penal Mr. Benjamin's recent speook.’ Mr jamin urged, he said, that wulew® we acquire Gabe Bpain will emancipate the negro. Mr. Dixon reasoned that if negro freedom in Cuba would be injurious to the United Staton, in Jamaica it must be equally eo. vet tm not used a8 an argument to buy Jamaica from Great Britain. Mr. Bonjamin bad reakone:. that compulsory labor ‘was necessary to develope tropical production; but Mr Dixon thought that the sagar for the worid could be growa ae labor, and if it could not, sugar was nota sulll- nt equivalent for the perpetuation ‘Of slavery. [> the course of his remarks, Mr. Dixon bad occasion w say that slavery degrades free lat Mr. Rup, (adm) of and paid tho doctrine ), controverted this opiuion, cW in the South, Me mala