The New York Herald Newspaper, February 2, 1863, Page 2

2 INTERESTING FROM THE SOUTHWEST Preparations for a Third Movement Against Vicksburg, General Grant to Command in Person. Character and Composition of His Army. Large Additions to Admiral Porter’s Gunboat Fleet. Wew Boats Completed and on the Stocks. THE NEW CHANNEL OF THE MISSISSIPPI. OPERATIONS OF THE REBELS, &e., &e., &e. Our Cairo Correspondence. Camo, Jan, 27, 1863. Indications are not wanting, nor have they been con- coaied from the public view, that another attempt to re- duce the rebel fortifications at Vicksburg will soon be made, How soon this attempt will be made, or in what manner, it is not my province to know. I do know that the next attempt, when made, will be of a far more formidabie character than those that have preceded it, and promises more satistactory results. It is enough to say that the movement his been committed to General Grant’s con- troi—the control of an officer who has not been dofeated in any single campaign during this war, yot has fought as many, 1 not ore, than any other officer. Geueral Grant will take with him to Vicksburg the bulk of his immense army of West Tennessce—all veterans, tried in « score of fiercely contested fields. They bear 0 their banuers such proud inscriptions as “Belmont,” jonelsem,” shiloh,’?**Cormth,”? &., and they will not suder the lustre of these names to be dimmed by a dis- graceful defeat. McCiernand’s army will also take part in the movement, and will strive with desporation to wipe out the deep disgrace of their late repulse while under Sherman. These combined armies will make a mighty host. They are composed exclusively of Northwestern NEW YORK HERALD, MONDAY, FEBRUARY 2. 1863. Grant's lines of communication, urgent application was made to Admiral Porter for a suitable guuboas to prot ct the points on the Mississippi river (Eas coomed tw be threateued. The Admiral, wot being fally aequaivted with the exact sijuation of ailairs, at once detached the iron clad Carondelet trom the squadron, then lying off Vicksburg, and ordered ber to pre vith ail haste to Island No, 10. with diseretivoury authority to guard any threat: pint betweou Metphis and Cairo. In running up the river she struck @ stag ust above Mempbis, which came up over her eusemutes. tevring away the light upper work of the verse! and breaking her hog chain. This accident necessitated hor lyirg by fr repairs, which are now about completed, and, as che «pprehended danger from the enemy bas turned out to be only a great scare, she will | returb immediately to the squadron, ‘The Ohio river and its tributaries, a3 well as the Missis- sippi below this point, are now what river men call “bunk full? that is, the water is very bigh—up to the top of the banks. This fortunate rise has enabled the Pittsburg coal feet to pass the falls at Louisville, and we now have an abondance of fuel. Hereafter the embar- rassments that have been experienced this winter from the searcity of coul will be provided against by alwa: keeping enough on hand for at least six months’ consump- tion, with due allowance for losses. The Situation at Vicksburg—The New Channel for the Mississippi River. Caiko, Jan. 29, 1863. Thave seen a captain of the Ninety-sixth Ilinois, who left Vicksburg on the 22d inst. General McCiernand’s forces have landed on the Lousi- ana side, five miles below the mouth of the Yazoo river, and in full view of tne city. Two brigades were engaged when the captain left m opening the famous cut-off, of which so much was heard last summer, The river is bank full at Vicksburg, and high enough to rush through the canal at a fearful rate, He thinks it will ‘be 8 perfect success. He thinks that should this chappel ‘become large enough to admit the passage of boats the rebels for the present will be allowed to hold Vicksburg, while the Union troops turn their attention to matters further south. In his opinion it would take 150,000 men to storm heir fortifications at Vicksburg. Our gun and mortar boats could shell the city from where they lie, on the north side of the river bend; but even if it were entirely destroyed, the fortifications, which extend for miles back, would be as formidable as ever. Movements and Operations of the Rebels. Memrnis, Jan, 27, 1863. The rebels have reoccupied Holly Springs, with a brigade of mounted in‘antry under Geveral Whitticld, and two brigades of infantry under General ighiman. ‘Thoy are now ropairiig the Mississippi Central Railroad between Holly Springs and Tallahatchie. The enemy are again intrenching themselves at Gre- nada. There aro wild rumors along the line of the Memphis and Charleston Railroad of rebel raids and rebel invasions, but probably no immediate danger is to be apprehended of cither, The roads are horrible and the streams too high, and the bottoms too extensively flowed wo ve the movement of any considerable body of troops by Jand. The country south of the railroad from Memphis to Grand Junction is infested by as pestilent a band of raseals as God ever allowed to curse any community. They rob, murder and plunder with impunity, Sol. Street is the chief devil of them all. Last Wednesday they hung three negroes in the public square at Holly Springs, and shortly after brought out Simm Huach, an employo in the Quartermaster’s Department, who was left behiud when we evacuated the town, and would have ung him also had not a lieutenant, less devilish than the | rest, cut him down just as the rope was tightening, and gave him three days to leave town. His only offence was that he was a Dutchman and a federal employe. On Sunday last three members of the Seventh Ilinois cavalry, who were out on a foraging expedition, were meu, and are mainly officered by men from the same re- grou. They therefore all have personal interests at stake. The welfare and prosperity of the States to which they be- jong require the free and uninterrupted navigation of the Mississippi river. Aside, therefore, from any purely pa- trioue motive and the usual stimulus of the soldier in- citing io heroic deeds, these men will fight for the re- storation of personal advantages that have been taken from them. Hence the country will not bo disappointed in expecting from them a record such as no army has yet achieved during this war. When or how this army will. renew the attempt to open this great river to the free navigation of the North- west 1s nota fitting subject to enlargenpon. They may strike directly at Vicksburg, or they make a wide detour, and by some strategic'movement compel the evacuation of the Gibraitar of the lower river without 2 struggle, as General Grant last winter compelled the evacuation of Columbus by his movements on the Cumberland and ‘tenucs-ce rivers. Whatever the plan to be pursued may be, we now hive au abiding confidence that it will meet ‘with success. Apprentice generals are no longer in com- mand ju this direction, and we have become convinced of the magnitude of the task before us. Tried and skilful officers will henceforth lead to the work a force based upon actual kuowledge of the strength with which they will have to coutend. ‘Lhe naval squadron, under Admiral Port finiteiy better prepared tor hard work whe tempt is made at the really formidable batteries of Vicks- bury than it nas ever heretofore been. The number of irow-clad gunboats will be considerably increased, and the reinforcements thus recetwed will be of a greatly improved character. Chiilicutue, one of the new boats, has already joined | side-wheel cratt, turret, two ele these Western rivers. and will teil «upon the anemy’s wi The he desirable qualities of s) with or against the © of jron-clads aie xadly deticient. Fhe jactanola ieft bere last night to jou the squadron, phe \4 considered by many Cv be the finest gunboat afloat tithe Wost. She ie provided with a double set of en- gtues, aud works side-whecls as well as screws. Her plating is of the most substantial and impenetrable Sho has a stationary tarret in front, like the he. in which she carries two eleven-inch guns, having ranges that sweep the horizon, and, in addition, is casemate: ait, and provi hh twe nine-inch gans on hee boiler deck. By this arrangement sho is better | adapted to ight down Stream than any other vessel in the fleot, as by anchoring ip the ordinary way, with her bead to the current, both her batteries are brought into direct | just the ebjective poiut,and in case of accident 1 position to ate: out of range without im turning about. She is capable of making the peed of ordinary packet steamers, and, although ying this heavy armament and being ‘unusuaily heavily plated, she draws but four amd a half feet of she was built at Cinctonati, where she has been tor the last two mout if play she f the falls at Lon p ting dewn, the canal being too harrow for be dation The Lafayette is another new boat, which, thongh not yot with the squadron, is here receiving her arraament jad outtit, and will go down in afew days. She is a Wheel steamer of great power aud good speed, with a | sharp prow, dmished with solid timber aud iron for the | purpores of @ram The Lafayette looks, externally, very | astport, wlthongl much ‘larger. She has ength of two hundred and pi tytive feet beam and iT ten feet d whieh there » are high p with twenty- Six nel eyanders and ten fect stroke. fer wheels are thirty the fect in diameter, with four teen fect buckets. Her are dierent fri th se of the J astport, in ha an tnoh aud a half o1 Tubber benesth the iron, and between it and the wood, after the fashion of the Fesex. [am not permitted to meation composing t the timber | s casemates upon which it i ‘This 1 | at may say: that the whole forms tho m regnable mate y vessel in the feet Kesiies tis far midable casemate, a heavy iron-plated bi dsr. | rounds ber boilers and engines, al placed below the water line, Her gr cs ample room on the main deck for th ominodation of officers and crew, the apartments provided (or whom are spa. cious, airy aud comfortable, Her armament js the Ouest that has yet been put npon any ship in this fleet. She carries two oleven-inch guns, six pineineh and two one hundred pounder Parrots, ‘The veteran Captain | ‘Walke—veteran at least as touching luis services with this | sy vadron—has been assigned tut dot this due vossel. Ct in Walke was « ofticere that came West, and Carondelet during all our Western naval fought that sbip and well in all the eariy batties , ran the blockade ag Island No. 10 with ber. aud tackled | the ram Arkangas,@t the mouth of the Yazoo, last sum mer, and would have sunk her or been sunk himself but | that he grounded on a bar, and the Arkansas, cutting loose from him, performed her valiant feat of running through our ontire Squadron uninjured. No officer in the fleet has | done more eMicient service than has Captain Walke, and | } | ‘ houe are more deserving of the command that has been ‘assigned to him. ‘The Fastport, that met with a slight breakdown, owing | te afauit in ber construction, has been thoroughly over- hauled and strengthened, and ‘is now afloat again a® trim und pretty asever. She hus been greatly strengthened, | aod will not be likely to meet with a similir mishap again. (Cyruman: Her repairs have been directed by Lieutenant | ler Pheips, who will have command of her bere after, She is now taking on her armament, and will be | ready to go below in s few days. She ja to carry four bioe-ineh guns and two one fhondred poun ‘arrotls Her officers will not admit that she tae any superior ia | the squadron, and are extremely jealons ef the praise given to the Lalayette. a 1 The Tuscumbia was launched at New Albany about two mouths since, at which time ber roctors promised | that she would be ready for service within three weeks But she has not made her appearance here vet. and nw matter of doubt bow much Jonger she will be delayed Sho is the counterpart i ail respects of the Indianola, be as good @ vessel. Lieutenant m 6 of the Lexington, has been assigned to the cominaud of ber, and has already gone to New Albany hing work upon ner The Choctaw, at St. Touts, ts enotier ew vessel,on the same plan as ‘the Lafayette. though somewhat amailer now in a very A stage of comp ibe out tm a few Ww Roth she aad the wnned by dore W. D. Porter 4 hoout t James Lanning, and have been con. uder the superintendence of the latte? named | ently launched at St. Louis, w will be more have two ¢treoler and between them « neh mortar. This vessel, t baractor yet on ed to afford a | Monitor. She howev is not yet hat abe will be w «Indianola, Exetpor haps the Choctaw, will be a tte, and per- ailable in her campaign against Vieks! owing to the improved character © these boats and the heavy calibre of their artnaments, Will be equal to the entire oid fleet, thus doubling the Cifective force of the naval squadron In the excitement in Westorn Tennessee and Kentucky Bivuh Whe det wat, Gaueed by the rebel vad upom en. | } embush at | able to ) still ar | and Killed, and one taken prisoner. General Hamilton arrived from Cairo this morning. There is nothing from below. A Chance for River Men. Rear Admiral D. D. Porter bas issued a call for addi- tional men for bis gunboat fleet, and, judging from the inducements offered, he ought to be able to procure all he wants. No person over forty years of age will be re- ceived, nor will any under eighteen without the written consent of parents, attested before a Justice ef the Peace. ‘The inducements to enter the navy onthe Western waters are very xreat—promotion to command for those who earn it, good puy and subsistence, and comforts not to be found in the land service. Anyone who may be disposed to enter the navy will have their actral mileage paid them On their arrival at Cairo, or any naval rendezvous, and af- ter they are delivercd on the receiving ship. The enlistments will befor the war, and not less than one year. If for the war, two months’ advance will be paid, ‘when the person enlisting presents himself on board the receiving ship, and every one will be allowed to have a half-pay ticket for his family, from the day of enlistment. An additional examination by the surgeon will take place on board the receiving ship, and any one attempting to deceive will not enjoy the benefits set forth in this notice. Another Union Victory in Tennessce— One Hundred Rebel Prisoners Taken. Mcrrerxzsporo, Tenn., Jan, 27, 1863. Quite a spirited affair cime off on Monday at Woodbury, twenty miles out ou the MeMinnviile road, in which Palmer’s division of Crittenden’s corps won fresh laurels. Seven rebel regiments were stationed there as an out- Ost. *s Palmer concentrated his brigades at Readyville on Sa. turday and Sunday, without tents or baggage. On Monday, hoping for asnrprise, the Ninth Indiana were thrown out as skirmishers, closely supported by the Forty-tirst Ohio and Thirty-first Indiana. ‘These troops were put in rapid advance, but the rebels scented the movement, and by the time our force was full upon them they were ina promiscuous skedaddle. They gave some fight, however, wounding seven and killing two of the Forty-tirst Ohio and wounding two of the Nioth lo- diana We killed their colonel commanding and thirty-feur others, and took one hundred prisoners. Important Capture A STEAMBOAT AND THREE HUNDRED PRISONERS TAKEN. SPRINGFIELD, Mo., Jan. 28,1863, ‘To Major General Curie. Colonel Harrison telegraphs from Fayetteville the success of a scout just returned (rom Van Buren, having ca;tured the steamer Julia Roan and three huadred prisoners, about two hundred of whom were paroled. The scout con- sisted of one hundred and thirty men of the First Arkan- sas iry and Tent [linois cavairy, under command of Liew int Colonel Stewart. No loss on our side. On that of the enemy, two killed aad several wounded. J. M. SCHUFIELD, Brigadier General Command ing. Police Intelligence. BURGLARY-—EIGHT THOUSAND DOLLARS WORTH OF BONDS STOLEN. About three weeks ago the office of a Boston broker nawed White was entered by burglars, and the safe robbed of bonds and other properiy vaiued in ail at $8,000. A liberal reward was offered for the apprehension of the rogues, while brokers and others were warned not to purchase any of the bonds. The police in this city were duly notified of the robbery, and every effort was made to ferret ont the burglars who, it was believed, had fled to New York. After working diligently at the case days detective Mc. ord iinally traced one of stothe possession of a broker in Wall street, named Park, who, on being questioned in relation to the matter, said ho ‘purchased itof a broker named Thompson. ‘The polic ing Thompson ascertained tust he bought the property from « reputed Eaghsh bar- giar named Joc Watson, who was thereupon promptly arrested on riispicion of being engaged in the rob- bery. The prisoner was brought before Justice Quack- the Jeflerson Market Police Court, where for several days past the investigation has been going on with closed doors. Anothor broker, whose name we could not ascertain, 18 also mixed up with the affair, and may find it rather ditlicult to come of unscathed. she stolen property cousisted of two $1,000 bonds ef the city of Portiand, Maine, two $1,000 bonds of Albany, two $1,000 bonds of St. Louis and one $1,000 bend of Boston, some ADROIT tion has been progressing the ‘ortiand bonds from the President of one of the Boston banks, who had unwittingly become the purchaser. The Albavy bonds were also recovered under similar cireum- stances from ap Albany banker, while the st. Louis bondshave been acconnted for by Mr. Park, the Wall street broker alvewly referred to, The police’ have not suc- ceeded in recovering the Hoston bond yet, but hope to be »so in the course of a few daye. The case is r investigation and needs veatilating. Turer of 4 VaLcanus Diawoxy Pix.—£mma Rodgers, nymph du pace, was drought before Justice Kelly yester day on the charge of stealing a diamond pin, valued at $500, from William H. ifonsman, of No, 56 Beach street. complainant states that the valuable was taken from his vest pocket while he was cecupying a room with the defendant in West Houston street. Per contra, the pri- soner «tales that in A moment of generosity the com- plainant made her a present of the pin, and that when they parted yesterday morning Mr. Housman was aware that she had possession of it. Un being asked what she did with the valuable, the preover frankly acknowledged that ehe sold it to a man named Barney for eighty dollars. and that eight dollars of (he moey she received proved to be counterfeit. Her priveipal object im selling the pin so soon after the presentation was, she said, to enable her to take hor Sunday clothes oat of pawn. The magis- trate committed Emma for tral in defanit of bail. Coroners’ Inquests. A» Ot» SoLome Gone to Rext.—Coroner Naumann held | ah inquest yesterday pon the body of Charles Lucion!, an old soldier, who drepped dead. in the drinking saloon No. 414 Broadway on Saturday evening. From some papers found in the possession of deceased it appeared that he had been for many ye Aer in the Freneb army. From a pass signed by the ral Rar! Van Dorn, whiel was also found on h it appeared that he also served in the rebelarmy. Deceased was an Italian rth and was abont seventy years of age. Verdict “Death from disease of the Beart, gence. Coptan RT, Frank, of the United R. 1. Farnsworth, of Poston, R. H. Gain. \. Chabot, of San Franciseo; Hon. ne = Samuel F. Foltz, ian H Major Bolle, vanin Parish, ¢ are stopping J. F. Tracy, of Chicage States Army. HM Bell, Jr ,of St. 1g ho Crouse, of Syrac the st. Nicholas He Hon. k. B. Morgan and lady, of Aurora, R. D, Bruce, of Hilisboro, N. H.; H. D. Morris, of Boston, “H. A. Wane, and W. H. Bishop, ef Bangor, Me. G. M. Abell and lad: of Dunkirk; Potter, of Providence, G. F, Hardt of Chicago; G. A. Starkweather, of Wiseousin, J, Bard well and J. Barnes, of Boston. have arrived at the Astor House Ex-Governor Paldwin, of Connectiont, f¢ suffering at New Haven from a severe illness, which excites the ap- prehensive of lus (riguds, of the United lence, Wm. of Atbany, are among tho arrivals at OPERATIC AND THEATRICAL. Musical. Manager Grau is once more enabled to open the Academy Of Music. Signor Brignoli and Signora Lorini have entire: ly recovered from their late indisposition, and are quite ready to charm the lovers of music once more. The de. sire to hear Miss Kellogg in ome lighter opera than “ Poliuto,”” which was chosen for her debut this season, will be gratified to-night. Miss Kellogg wiil appe\t a8 Lady Henrietta, in the opera of « Marta.” To add to | the attraction, Morensi will be the Nancy for the first time, while Brignoli—all the more dezired because he bus been denied to us—will be the Lionel. Susmi will be @ most eflective Plunket. The cast is astrongoue,and the performance will doubtless be brilliant. ‘To morrow evening (Tuesday) the good people of Brook- lyn will get what they do not deserve—that is, a grand operatic performance. They will have the whole of the opera of “Ernani,” with Lorini as the prima donva ina role which she sings most admirably, and in which she achieved a great triumph in New York, the audience insisting upon an encore of her first aria before it was ended—a want of discretion on their part most flattering to the artist. The opera of “Ernani’’ is attractive enough, surely; but, in hopes of getting at least one good house in Brooklyn, Manager Grau announces he will add to ‘‘Erna- ni’ one act of “Traviata,” with Cordier as the {rail one. Ifthe Brooklyn Academy of Music is not crowded on Tuesday evening, we shall despair of the people of that city, who pretend that a taste for music exists im the place. On Wednesday evening we shall have ‘‘I Vepri Sici- liani”’ in our Academy, with Lorini and Briguoli, and on Friday Mozart’s “Don Giovanni,’ with a great cast. A matinee on Saturday concludes the short series which Manager Grau is enabled to give us ere his departure for Boston, The “Giovanni d’Arca,” over which we were prematurely gloating, and which we were to enjoy in priority of the London and Paris opera Aabitucs, will go to render the Bostonians happy. Our only chance to be delighted by the music of this chef d’auvre is so far remote that it were unwise to dwell upon it. Manager Anschutz is once more amongst us. Hig sea- son in Philadelphia terminated last Saturday evening with a benefit for the sick and wounded soldiers in the Phila- delphia hospitals, and was a great affair. The house was filed. Governor Curtin was present. Manager Anschutz made a great hit intthe City of Brotherly love. He drew large houses and established his company as fa- vorites. He anticipates a return to Philadelphia after having given his friends here another brilliant season, which will open on Weflnesday evening next with “* Der Freischutz.”” We heartily commend the German Opera to those fond of hearing a fine opera well rendered, and feel assured that Mansyer Anschutz will meet with the same liberal patronage which encouraged his last season here. The wonderful child pianist, Teresa Carreno, has been delighting the Bostonians. As a proof of their apprecia- tion of her talent, the Philharmonic Society presented a rich gold medal to the little girl. Master Willie Barnesmore Pape, who proved so great favorite here as a pianist of extraordinary merit, has re- turned from a tour through Canada, where be was most successful as an artist. He sails for Europe in a few days, bearing letters from persons high in authority in Canada, and we shall expect to hear of this American boy be- coming @ great favorite in London, as he has undoubted genius. MINSTRELS. The minstrel halls have, one and all, been crowded this week. Bryants’, Wood's, Buckleys’, and Hooley’ Prove inevitable attractions to those who enjoy a good laugh. The weather seems to have no effect upon the audiences of our negro minstrel halls; in fact, they are full to overtiowing each night, let the weather be what it may. The excellence of the performances warrants this patronage. Geo. Christy appears to-night in Williams. burg. Theatri The theatres did a fair business last week; but the long continued and disagreeable storm prevented any very large audiences. Apropos,we recommend to the mana- gers to clean the streets, or at least to make a decent path. way in front of their theatres during such storms as that of last week, 80 that persons coming to the theatre in cars or stages will not be obliged to sit the whole evening wmbh wet and muddy feet. It is also very desirable that the hour of commencing the performances should be advortised daily. Hardly any two of our theatres begin at the same hour, and not more than two of them regularly advertise the hour at which they open. The public is greatly inconve- nienced by such trifling omissions. Wallack’s programme for this week is even better than usual, This evening ‘The School for Scandal,” the best comedy in the language and the best cast at this estab- lishment; Tuesday, for the last time, Mr. Lester Wallack’s trifle, “Central Park;”” Wodnesday, the excellently acted “Road to Ruin,” Thursday, for the last time—perhaps— the new comedy, *‘Bosom Friends;” Friday, “The Lady of Lyons,” remarkable for Mrs. Hoey’s splendid dresses Satarday, “Secrets Worth Knowing,” which was very successful last week, and in which Mr. Young and Mr. Fisher are especially admirable. Wilkins’ charming comedy, “Henriette,” is in rehearsal, and will probably be produced next Tuesday. Several new pieces are in preparation, An entire change of performance is announced at the Winter Garden this week. To night, for the benciit of Miss Couldock, ‘The Advocate’s Last Cause’ and “One Touch of Nature’’ will be given, with Mr. Couldock as De Vernet and Penholder, and Cubas will “La Flor de Seville,” and appear in the dress of an Arab boy and the second act of «The French Spy.” This ought to be amost popular melange. On Friday evening Cubas takes a benefit, Next Monday evening Mr. Edwin Booth makes his renfree. Mr. George Jamieson, who bas just returned from Europe; Mr. Lawrence Barrett, who made a hit Lere some time ago with Sothern in‘<Sus- pense,’ Mrs. Julia Bennett Barrow and Miss Ada Clifton are engaged to support Mr. Booth, who has two new plays wo produce. Mrs. Jotn Wood's benefit on Friday evening lest, at Taura Keene's theatre, was an immense success. To night Mrs. Wood reappears as ,Gertrude in “A Loan of a Lover”? and as Sergeant Victoire in “The Invinci Dies.” The production of Mr. Charles Walcot’s new version of Planche’s famous fairy extravaganza, “The Fair One with the Golden Locks,” has been post poned until Monday next, and is positively announced for | that date. Mrs. Wood will then enter upon a spirited competition with Barnum's Museum and the Broadway Menagerie, and has already engaged Mr. Gosham, the Arabian Giant, Mr. Charles Walcot, Sr., the artistic giant, and numerous other curiosities. The “What is it will not appear at present “Leah, the Forsaken ,’’ still keeps the boards at Niblo’s Garden, The audiences thus far bave been very large, and the applause frequent and hearty. Miss Bateman, Mr. James Wallack,Jr.,and Mr. Edwin Adams are the stars. In Mr. Adams’ rendering of the character of Radoif, the young German farmer, there is much to admire, Mr. Wallack has made Nathan, the Apostate Jew, one of his best impersonations, His Apostate is as bitter as wormwood and gall, or as apolitical renegade’s speeches against the party he has deserted. Mr. Eddy continues bis engagement at the New Bowery theatre, “ The Colleen Bawn..”’ the splendid drama,“ The Angel Friend,’ and “ The Pirate’s Legacy,’’ are the plays for this evening. Mr. Eddy appears in the two dramas and plays three charactors. fhe audiences at the New Bowery are vory large, and the pieces are pat upon the stage in capital style. Mre. W. G, Jones gives Mr. Kddy the best possible support, and is a most clever, talented and versatile little actress Mr. Fox bas varied his programme a little at the Old Bowery theatre. A dramatic version of the opera, “Il Trovatore.”” the magnificent pantomime, ‘Jack and the Beanstalk,"’ and the ancient drama, “The Old Oak Chest,’’ are on the bills for this evening, The Old Bowery is now so well conducted and the performances so attractive that persons Las with Broadway theatricals find themseives surprised and pleased at the manuer in which the theatres are managed on the east side of town. Rarnum's Museum bas been crowded every day since Miss Warren's engagement, and the little lady has con- sented to remain on exhibition ome week more.so that everybody may sce what sort of a wife General Tom ‘Thumb is to have. now-n daya, but they are all there as usual. ‘Tho Cross of Gold’ will be played every morning, afternoon and evening in the lecture room by Barnum's moral dramatic company. The Broadway Mosagorie, near Houston street, con. tinues to grow in favor with the public. Turee per- formances daily are now given in the circus recently added to the building, and the elephants, ponies, mules and monkeys delight the juveniles with their tricks. The elephants stand on their heads and assume all sorte of absurd but dignified postures at the word of command, Thy woukeys ride the ponies famously, apd the comical | imvited to attead the (useral, from ber late re dance | No our cares for the other curiosities | mules defy any man to stay on their backs agaiust their will, Dr. Adrien, the magician, continues his farewell series Of magical soirees at the Palace Garden Music Hall, Four- teenth street. His apparatus consists of a few pine boards aid upon o couple of ordiuary tables, and he Professes great coatempt for the ordinary tricks of ordivary ma zicians, ‘Two of his feats—producing seve ral pails of water from a shawl, and several kinds of wine from a pail of water—are particularly remarkable, aud must be seen to be appreciated. Mr. Wondell Phillips lectures upon “The Lost Arts,'’ at the Cooper Institute, this eveniug, before the Mercantile Library Association. As this lecture is spoiled neither by politics nor abolitionism, many people who do not approve of Mr. Philhps’ views may now have an opportunity of applauding his eloquence. Dr. Macgowan, the Japanese traveller, also lec- tures this evening at the Brooklyn Athenwum on “Japan,” aud Messrs. Britts electro-psychology at Clinton Fis!!, Astor place, to-night The Richingses are drawing very large houses at the Arch street theatre, Philadelplis. ‘Satanella’’ is to be their next attraction, ‘They will appear ia New York i about two months. Mrs. Drew, the leasee, is t have the interior of her theatre remodelied and rebuilt, in order to compete with Wheatley’s uew theatro, Chestuut Street. She has secured the new sensation play, “Magnolia,” which created such « furor recently at Boston, and intends to produce it in splendid stylo. Mr. John Wilkes Booth is doing well at the Museum, Boston. Miss Laura Keene and company are making quite a sensation at the Atheneum, with “Rachel, the Reaper,’ and Blake’s old comedies. There have been four applications for the lesseeship of the Boston Academy of Music. Mr, William Wheatley, of Niblo’s; Mr. Orlando ‘Tompkins, a large stockholder in the Academy; Mr. Tom Barry, the present Academy manager, and Mr. Wiseman Marshall, of the Howard Atheneum, have each offered ten thousand dollars. Half the nobility of England are related Wo the perform- ers at the amateur theatricals, Montreal. We subjoin the bill for the first night of the series. “ Kveryboay’s Friend” is in rehearsal THEATRE ROYAL, GARRISON AMATHUR. PRIVATE THRATRICALS. President of the Committee—Lientenant General Sir Yenwick Williams, Bart., of Kars. Vice J'resident—Major General Lord F’, Paulet, K. C. B. ‘THurspay E iG, January 15, 1863, Her Majesty’s servants will perform the capital farce of JOHN DOBBS. To conclude with Richard Brinsley Sheridan's ceie- brated comedy of s ‘THE CRITIC Ok, 4 TRAGEDY ReHEARSED, Mr. Pal... Lt, Col. Higginson, Gren, Gda, Mr. bungie... Colonel Ly sous, C. B. Mr. Snes our, Gren i. Lord Bur! igh Crichton, Gren. Gds. Sir Walter Raleigh iA. Governor of Tilbury Fort Karl of Leicester... .. Str Christopher Hatton Don Whiskeranaos Master of (he Hors -Hon. C. Etiot, Major Lowe Capt. Blail ds. 8. Fe | Boefeater ickham, R. Artillery. | ‘Ast Sentinel! «It, Freeman, 16th reg. 2d Sentine! F. Elphinstone, 8. #. Gds. .Lt, Wostbey, 16th reg. 1 dds, Confidant os aoe M. Fechter bas opened the Lyceum theatre, Loudon, with great success. The theatre was inaugurated with a new play called “The Duke’s Motto,” adapted by Mr. John Brougham from “ Le Bossu” of Mr. Paul Feval, which made an immense sensation at the Porte Suint Mar- tin, Paris. The London Times warmly praises both the play and the acting, and relies upon M. Fochter w “ re- store to due prominence the class of interesting, adven- turous, enamored heroes who have long been thrust on one side by types of cccentricity.”” February Term of the Law Courts. The jury trials of the several law conrts for the February term will commence this day, but there is no cause calling for special notice, the most important suits having becn frequently referred to; many of them, how- ever, still slumber on the calendars, the war having very much retarded the civil business of the city. ‘The Oyer and Terminer will resume business on Wednesday. One of the most important trials on the calendar is that of Sullivan for the homicide of Thomas Byrnes, the Superintendent of Parks, which occurred in an encounter during the last Aldermanic election. ‘The United States courts will also be in seasion. Some bills of indictment recently found by the Grand Jary will be brought before the criminal branch. Judge Betts has decided all the prize cases sifmitted to him; but the Commissioners are investigating others for the adjndication of the court. The February term of the Court of General Sessions will commence this morning, Recorder Hoffman on the Dench. ‘The calendar is unusually large, and many of the cases important and interesting. Dr. Brown, the alleged abortiouist, will, it is expected, be tried this month. ‘The court will open this morning at ¢leven o'clock. Punetual attendance on the part of jurors and witnesses | is particularly requested. CALENDER FOR THIS DAY. Surxewe Covrt—( 935, 1, O34 i 27 S316, "2406 1519, 3287, 5291 Nos. 1022, 1580 2808, 2875. CouMon PieAs—Part 1.—Nos. 1065, 478, 1020, Tl. 707 59, 1090, 1686, 1091, 1092, LOGS, 10M 3, 1010, 360%. 1054, 1791, 1982, 195.4g, 964, LOSS, 1085, 1086, LOST, 1085, 1089. » 2021, 2849. Part H— 54.2970. 2972, 2844 MARRIAGES AND DEATHS. Married. Buxce—Kyeuiek.—Ia Raitimore, on Thursday, January 2, by the Rev. Mr. Calloway, Ourver H. Boxee, of this city to Kare C., daughter of John C. Kneiler, sq, of the former place. No cards Dica. Bireun.—At Philadelphia, on Friday morning, January 50, Lrowona, wife of Isaac Bilger, and the beloved mother of James M. Bilger, of this eity, in the 08th year of her age. Interment this day (Monday) at Laurel Hill Cometry. is. —On Saturday, Jam SL, Saran Brew, wife months and 10 days. jatives and friends of the family are respectfully two o'clock, at the Dutch Reformed church, at Fordham. Caney —On Saturday, January 51, Mictage Carey. aged 3 years. te Dearest busband, thou hast left me, And thy loss | deeply mourn But ‘tis God who has bereft me, He can all my sorrows heat The relatives and triends of the family are respect(uliy invited to attond the funeral, this (Monday) afternoon, at half-past one o'clock, from bis late residence Greenwich street. Cours. —Suddenly, on Saturday, Jan 31, of in flammation of the inngs, Huzanere, wile of Kdward Collins ‘The relatives and friends of the family are respectfully invited to attend the funeral, from her late residence, No, 269 West Twelfth street, this (Monday) afternoon , at two o'clock, without turther invitation. Craven. —In Jersey City, on Sunday morning. February 1, after a lingering iliness, which she bore with Christian fortitude, Many Bryne, wife of ish) Craven A true wife, an affectionate mother and a sincere friend. Funeral from her father’s residence, Philuelphia, Pa Dovie —On Saturday, Janvary $1, Jomy Dovir, aged 57 years, 6 months and 14 days, ‘The relatives and friends of the family, also of his son, John F. Doyle, and gon-in-law, George W. Baldwin, are Teapectfully invited to attend the funeral, this (Monday) | afternoon, at one o'clock, from his late residence, 67 Varick atreet, without further invitation. Erus—Of ‘dyptheria, Gronae THoma® Enis, son of Thomas and Mary Ellis, aged 3 years, 10 months and 25 rolatives and friends of the family are respectfally invited to attend the funeral, this (Monday) afternoon, at hali-past one o'clock, from the residence of bis parents, | No. 15 Cannon street Fiaan.—Killed in a skirmish at Morrisville, Virginia, Micnart FaGan, son of Bridget Fagan, No. 10 Pitt street ‘The friends aid acquaintances of the family, and those of his brothers, Rernard and James, also of his encies, Bernard and John Campbell, are Teapectiully invited to attend the funeral, from No. 10 Pitt street, this (Monday) afternoon, at two o'clock, without further notice. Furuse. pital, Lonenzo 1. Fuiren, pilot, aged 45 years ‘The funeral will take place from the! ity Hospital this (Monday) afternoon , at half-past one o'clock Festow —On Saturday morning, January 31, Mre. Biome Tnomrsoy, relict of John Fenton, of Perth, Scotland, in the | 95th year of her age. The relatives and friends of the family are respectfully invited to attend the funeral, from the Baptist chorch, Sixteenth street, near Righth avenue, on Tuesday alter noon, at one v’elock, without further invitatic Feasken.—On Sunday evening, Frasen, in the 52d year ot his age. The friends of the family are respectfully invited to atiend the funoral, from hie late residence, No. 20 West Twenty-second street, on Wen two o'clock. een. —On Satara son of Jobn W. and Ano and § months. The relatives and friends of the family are respectfully invited to attend the funeral, from the residence of his parents, No. 706 ratings om Street, this (Monday) morn- "elock February James Spear, youngest abeth Green, aged 1 year suary 31, after a tong itiness, James Googh, in the 48th year The reiatives and friends of the family are respectfully dence, | avd Fiske experiment in | 775, 1089, 1355, | oattend the funeral, on Tuesday afternoon, at | om Saturday, January 31, at the City Hos. | | , Thomas 87D Kighth street, this Monday) motiming, spine O'clock, toSt. Bridget's Cine @solema requiem ‘mass will be oiferei for the repose of her soul, aud from thence to Caivary Cemotery for interment Groeex.—On Saturday, January 31, of inflammatory croup, Mary Soren, daughter of . |W. aud Mary Has- kins Groser, aged 7 years and 6 months. funeral will take piice from St. Paul's cuureh, cor- ner of Murey avenue and Penn street, Brookiyn, E. )., this (Monday) afternoon, at two o'clock. The friends of the family ure respectfully invited to attend. , Glomist.—On Friday evening, January 60, Tomas D. Gucumsr, of the Eighth regunent New Jersey Volunteers, ip the 20th vear of his age ‘The funeral will tale place at the residence of his father James Gilchrist, 691 Hudson street, this (bonday) after hoon, at ong o'clock, The friends are invited to attend without further notice Hopexiysoy.—In Washington, D. C., on fuesday, Janu y battle of Fredericks- 10N Hopeenson, Ir, of Company M., aged 21 sears. - January 51, Cuxtiana, wife of Chorles D. Horter, and daughter of the late Captain John yerolt, aged 29 years aud 14 days. ‘The friends and relatives of the family are respectfully invited ty attend the funeral, from the resideace of her asband, 14 Sixth street, this (Monday) morning, at ten o'cloc Kenty.—Ou Saturday, January 31, J. M. Keusy, son of Cornelius Kelly, aged 13 years, 7 months and zl days ‘Tho friends of the family ‘are invited to attend the funeral, at 17% East Thirty second street. ou ‘Inesday afternoon, at one o'clock. The remuins will be taken to Flai bush Cemetery for interment. ‘ At Wilmington, N.J., on Sunday, February 1, Mine C.. wile of Reuben G. Kenney LMisexpaut.—At Bethlehem, Pa, on Friday, January 20, Mise Envesmine Luigypaut, in the 69th year of her t age. The remains wil! be interred in the cemetery at Beth. lehem, this (Monday) afternoon, at one o’cloc! LaNLEY.—On Saturday , January 24, frora the effects of a foM, Mr, Samet Linney. formerly of Shefield, England, aged 55 years, sincercly regretted by bis family and friends. Sheffield (England) Telegraph please copy Txvanp.--On Sunday, February 1, of diptheria, Isaac Wittiam. youngest and dearly beloved chaid of Robert and Eliza Leland, aged 1 year, 5 tnontns and 7 days. ‘The Lord gave and the Lord hath taken away: blessed be tue name of the Lord. The funeral will leave for Troy, N. ¥., on Tuesday afteruoon, ut three o'clock, from ‘the residence of his parents, 322 Bloomfield street, Hoboken, N. J. ‘The friends of the family are respectfully invited to attend, Dublin and Boyle (Ireland) papers please copy Many In Brooklyn, on Sunday, February 1, of membranons croup, Joun Wesixy, youngest child of Willam H. and Luticia Manning, aged 1 your and 8 months ‘The relatives and friends of the family are respectfully invited to attend the funeral, from the Gates avenue Methodist Episcopal church, corner of Gates and Nostrand avenues, on Tuesday afternoon, at two o'clock, Navis.—At Newtown, L. L, on Friday, January 30, after ingering illness, Mra. Ai of Richard R. Nutis, aged 56 years, 5 months * The friends and acquaintances are respectfully invited to attend the funeral, from her late residence, Newtown, notice. Near. —On Wednesday, January 28, of disease of the heart, Jesse H. Neaut, in the 29th’ year of his age | His remains were interrea on Sunday, February 1, in Greenwood Cemetery. Philadelphia and Reading papers please copy. OnaM.—On Sunday, Febraary 1, James D. Ona, son of the late James Oram, of this city, after a severe illness, | aged 61 years The relatives and friends of the family aro respectfully invited to attead the funeral ,on Tuesday afternoon, at two o’elock, without further iayitation , from his late residence , 158 Mott street. PaRk.—On Sunday, February 1, Fiza Jane, aged 7 years, 4 months and 9 days, and Joan Hovstox, aged 9 months and 24 days, son and daughter of JolmH. and Jape Park. Dearest children, you have left us, Here vour loss we deeply feel; But ‘us God that has bereft us, He can all our sorrows heal. The friends and relatives of the family are respectfully invited to attend the funeral this (Monday) atternoon, at half-past one o'clock, from the residence of their parents, 222 West Sixteenth street, without further notice, Their remains will be interred in Greenwood Cemetery. Londonderry and Philadelphia papers please copy. PxKsLMa—At the residence of her son-in-law, Héury H. Hart, No. 182 Orchard street, CaTHERINE ANN Perio, widow of Alexander Peebles, in the 63d year ot her age. ‘The friends and acquaintances of the family are respect. fully invited to attend the funeral, from 182 Orchard street, this (Monday ) afternoon at two o'clock. Quin.—On Saturday, January 31, Rev. Roux A. Quix, Chaplain of Sailors’ Snug Harbor, Staten Island. The triends of the family are respectfully invited to attend the funeral on Tuesday afternoon, at two o'clock, from the chapel. RoceRs,—On Sunday, February 1, Mrs. Evry Rogers, aged 73 yeurs. The relatives and friends, also those of her sons, Hen- ry J. and John T. Rogers, ‘and Octurus Lodge, No. 274 F. and A. M., are respectfully invited to attend the fune- ral, at the residence of Mr. Arthur Hauptman, Fordnam enue, pear Seventh street, Morrisania. Roomm.—In Morristown, N..J.,on Friday, Javuary 30, Jaxxt, relict of John J. Roome, The relatives and friends of the family are respectfully invited to attend the funeral, from the North Dut church, corner of William and Fulton streets, this (Mon- day) afternoon, at two o'clock precizely. Roys.—On Sunday, February 1, Raxvourn E1uuot, son of Harlow and Huldah Roys, aged 7 years. b The relatives and friends are respectfully invited to attend the funeral, on Tuesday afteruoen, at two o'clock, at No. 65 West Fourteenth street. SrRNeck. —Un Sunday morning va Evening, only danghter of John D. and’ Margaretta Steneck, aged 1 year, 1 month and 8 day: The relatives and friends of the family are respectfally | invited to attend the funeral,on ‘tuesday afternoon, at one o'clock, from No, 43 Hester street. ‘Swiri.—At Bloomingdale, on Sunday morning, February 1, Mrs, Ax» E., widow of George F. Smith, in the 620 year of her age Funeral services will take place at the residence of ber daughter, Mrs, Caroline A. Willis, No. 123 Charles street, in this city, ou Teaday afternoon , at one o'clock Towne. —At Freetown, Sierra Leone, on Sunda: ber 21, of congestion of the brain, Jouy Ii merchant, son ot John Towne, of Catnbr: February 1, Maroarne- Decem- * | aged 40 years and 11 mouths. ary 26, Mrs. buzanmin B., wife of John Upham, aged years, 1 mouth and 8 days. Wakinc.—Un Thursday, January 29, after a short {il | ness, Marna, beloved wile of Edmund Waring, ksq | The relatives and friends of the family are respectfully invited to attend the funeral, on Tuesday morning, at half past ten o'clock, from Ler late residence in Kighty- Sixth street, between avenues 4 and B, without further juvitation, Her remains will be taken to Greenwood Ce- metery for interment. Warrvey.—Un Sunt No. | | | “Urnax.—In Greene, Chenango county, on Monday ¥, February 1, Groxox Warrsry, at AT Fast Twenty-seventh street Due notive will be given to-morrow of the funeral Wi —On Sunday, February 1, Lavra B., wile of John D. Whitford, ‘The relatives and friends are invited to attend the fu- neral, this (Monday) atternoou, at one o'clock, from her late residence, 174 Hudson street I FINANCIAL AND COMMERCIAL, Sunpay, Feb. 1, 1863. | The money market was quite active last week, though rates varied widely, according to borrer | ers and collaterals, The best borrowers in the street have as much money offered them | at 6 and 6 as they can use, and, in their case, | margins are not closely scrutinized. On the other _ hand, the weak speculators who have been operat- | ing at the public board, in many cases to an ¢ | teat wholly upjustitied by their means, find it e tremely difficult to borrow money at seven, with margins of ten to fifteen per cent. On dividend paying stocks, such as Central, Erie preferred, | Michigan Central, Galena and Rock Island | bankers are generally willing to lend within fifteen | to twenty per cent of the market price of the | stock at not over 6 per cent per annum. | But, on non-dividend paying sbares, it | proved dificult to borrow, at any rate | interest, except on margins which few of | the smaller speculators can afford to put up. In | one word, money is abundant; but money lenders | are cautions and distrustful of the advance in stocks and of the strength of the speculators who | are operating in them. Toa certain extent the defeated by the willingness of private capitalists | to lend money on ten per cent margins on the or- | dinary speculative stocks of the da: Bank de- positors are naturally anxious to make their ba- lance earn interest overnight, and many of them ‘now make a rule of depositing their money with | some established stock firm at the close of hours. This practice is likely to become general. Every merchant or capitalist knows some broker who will take his bank balance at tive or six per cent and give him stocks to secure the loan, with such a margin as to leave but little risk of loss. The recent attempt to check speculation in stocks by | calling in loans and refusing to renew them, ex. | cept with excessive margins, is neither novel nor can it be effectual. Devices of this kind are just idle as Congressional attempts to restrain the legitimate prosecution of the banking business, The business of a banker is to lend money on ade- quate security at the market rate of intere Whenever a banker—from extraneous reasons declines to lend mone: the market rate of interest he departs from sound principles, and will lose money by the operation. It is just as ridicnlous to deplore the present rise in stocks, and to try to prevent it by iNegitimate it was in 1857 to try to prevent laws assert their has ot y on adequate security at combination their fall. T | supremacy inspite of the coutrivances of indivi- of trade will this (Monday) afternoon, at one o'clock, without further | prudent caution of the regular lenders has been | nk | LT duals, and people who try to evade them will even tually discover that they have lost their labdr an their money too. Gold advanced last week to 160, closing » about 159, and exchange advanced to 177, closing 176%4177. The advance was caused by th inevitable prospect of more paper issues, and ha: been accelerated, on one side, by the failure o our military enterprises aud want of confidence i the general government at Washington, and, o the other, by the speculation in gold which pre vails in Wall street, Every loyal citizen desires t see the steady, progressive advance in gol checked. But it cannot be done by violent mean Political economy inexorably declares that issue of paper money must cause gold to advance price, and that the advance must be in direct pre pertion to the amount of paper issues, ‘This lat cannot be evaded or defeated. It is possible check the advance of gold, either by victoria of a striking and decisive character, or such administrative changes at Washing as may revive public confidence in government, or by a general understandin among bankers and moncy lenders that they cease to carry gold for speculators. But the appears to be very little prospect of any chan; at Washington, and, so far as the New York cit banks and bankers are concerned, it is but pl: truth to say that they are mainly responsible ff the recent remarkable advance in the preciof metal. Though the rise in gold—from 130 to 1 in about a month—has largely depreciated assets of the banks, and, in fact, rendered most‘ them insolvent, the infatuation of our banka has been such that they have, almost invariab preferred to lend on gold instead of stocks or m chandise. The rate of interest on loans on gotd h averaged one per cent lesa than that on loans stocks or merchandise,“and the*margin required usually been less. Hence the foreign speculato| who have almost monopolized the gold busiu have been enabled to put gold up toa premium 60, thas enormously depreciating the national ¢ rency and the assets of the banks, while spe lators in stocks and merchandise have bq seriously inconvenienced by a fictitious stringey in the money market. Our bankers don’t see understand that it is of no consequence whate whether the crazy operators in Wall street 50 or 100 for Harlem, er Southern old, or Pri du Chien, while an advance of ten per cent! gold is a national disaster. If speculators} Wall street drive Harlem up to par no one suffer by the farce but the silly people who bu; at the high price. But if by the aid of the ba gold is caused to rise to 200, the people at h are robbed of a substantial per centage on tl property. In that robbery, which is proceed from day to day, the New York city banks accomplices in the first degree, and they ultimately be its most conspicuous victims, The House bill providing ways and mean the prosecution of the war has now gone to Senate, and the Finance Committee of that b have it under advisement. Some anxiety wit] gard to their action is entertained in commei circles. No apprehensions need be indulged the subject. The Senate may argue and refin any extent, by way of showing its independ and giving evidence of its devotion to sound cial principles; but in the end it must do @ two things—either stop the war and disb army unpaid, or pass a bill essentially a that which has passed the House. There are| two methods of raising money—one is by Id the other by printing paper money. Loans selutely unavailable as a resource in any s! United States sixes of 1881a most excellent ity, with interest payable in coin—are at 92093, and are maintained at this ficti} price by a general unwillingness among hold ruin themselves by trying to sell. If the New banks were to put their sixes on the market] price would fall to fifty cents on the dollat Mr. Chase had to negotiate a loan he could get bids for a hundred millions at fifty cents. is not United States currency enough at the jal centres to render it safe for any one for a million dollars at any rate of discount. these circumstances the Senate has a ver ple, though painful, duty to perform. It authorize the issue of legal tender or other money in amounts sufficient to defray the exp) of the war. No one is ignorant of the evils this policy will involve. Prices will advance, will rise, and the currency will depreciate. there is no alternative except the cessat the war, which, on the other hand, insure evils even greater than the ruin of th tire present generation of American citizens. game is forced, and none but demagogues or| theorists will attempt to defeat the inevitabl ‘The Senate may follow the example of the Ho which followed the example set by Mr. Mei ger, the pretended Sceretary of the imag Treasury of the so-called Confederate State may divide its issues of paper money into i tender notes bearing no interest and note: bear interest and are not a legal tender. Bi ! distinction will prove unimportant and imma To be of use to the government, the interest] | ing notes must be acurrency. lf the banks | to receive them on deposit as mouey, they | help the government to pay its way. If the » receive them as money, they will be mer: wal tenders under another name. | The evils of excessive issues of paper | have been so fully explained that no one ¢’ ignorant on the subject. The President Wb would appear, from his last message to Con] to have realized that they involve inconve) It is certain that they insure a steady adva: gold, which means a progressive deprecia the national currency, and an advance in a ¢ ponding ratio in the currency value of real stocks, merchandise, property and labor. | ever the markets may be disturbed by spec or other temporary influences, prices must | tually establish their equilibrium, and if g, | mains the standard everything must eve | advance in exact proportion to gold. Ti | however, one point of view in which the imp financial evils appear to involve some com ing advantages. The paper money era ji we are embarking will ve in the districte an era oof remarkable om prosperity, and of agricultural, com and manofacturing activity. Paper mo i England, in 1798-1815, laid the foundation prodigious manufacturing enterprises to ' England has since owed her greatness. own country money will flow freely into ioc to which it has hitherto been a stranger. | will seek labor; every enterprise which has to languished from want of money will vived. Land will rise in price and money invested in agricultural improvements. M. | tories will spring up throughout the West, products of that fertile region will be enor] | increased. Our internal commerce will re vast impetus, railway traffic will swe injand navigation will become more active; which is the life blood of trade, will con unexampled vigor through the national ve | | ia needless to add that this prosperity will | an unsubstantial and fictitious basis, and th: day o collapse will ocenr, which will fatal to most persons who are engaged in b But, though the men perish and disappea national work will remain; the factories railways, and the steamers and the improve: | which have been produced by paper mon | not pass out of existence with the collaps currency; they will be left behind—as th of the British paper money system were in a substantial basis for a new hard money tion to build upon.