The New York Herald Newspaper, February 2, 1863, Page 4

2 INTERESTING Preparations for 2 Third Movement Against Vicksburg, FROM THE SOUTRWEST General Grant to Command in Person. Character and Compos: His Army. tion of Large Additions to Admiral Porter’s Gunboat Fleet. New Boats Completed and on the Stocks. THE NEW CHANNEL OF THE MISSISSIPPI, OPERATIONS OF THE REBELS, &., &e., &e. Our Cairo Correspondence. Camo, Jan. 27, 186%. Indications are not wanting, nor have they been con- coated 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. 1 do kuow that the next attempt, when made, will be of a far more formidable character than those that have preceded it, and promises more satisfactory 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 defeated in any single campaign during this war, yot has fought a3 muy, if not tore, than any other officer. General Grant will take with him to Vicksburg the bulk of his immense army of West Tennessee—all veterans, tred in a score of fiercely contested fields, They bear upon their banvers such proud inscriptions as **Belmont,”” « Donelson,” *>hiloh,’? +*Cormth,’? &., and they will not suier the lustre of these names to be dimmed by a dis- graceful defeat. McClernand’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 Nortawestern meu, and are mainly oficered by men from the same re- gun. They therefore all have personal interests at stake. ‘Tho welfare and prosperity of the States to which they be- long require the free and uninterrupted navigation of the Mississippi river. Aside, therefore, from any purely pa- triotic motive and the usual stimulus of the soldier in- citing to heroic deeds, these men will fight forthe re- storation of personal advantages that have been taken from them. Hence the country will not be 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 ts not a fitting subject to enlarge npon. They may strike divectiy at Vicksburg, er they make a wide detour, and by some strategic'movement compel the evacuation of the Gibraitar of the lower river without a struggle, as General Grant last winter compelled the evacuation of Columbus by his movements on the Cumberiand and ‘venucssce rivers. Whatever the plan to be pursued may de, 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 tude of the task before us. Tried and skilful forth lead to the work a force based tual knowledge of the strength with which they will have to coutend, ‘the naval squadron, under Admiral Porter, will be in- finitciy better prepared ior hard work when ‘another at tempt ts made at the really tormidabie batteries of Vicks- bury than it nas ever heretofore been. The number of irou-clad gunboats will be considerably increased, and nforcements thus received will be of a greatly e of the new boats, has already joined is a powertul side-wheel cratt, heavily plated, and carrying, ina stationary 0 eleven. toch guns. this is heavier inctal than has ever beiore been tuatod on these Western nd will ted with wondrous effect upon the enemy's work: ‘he Chillicothe a'so | ossesses the desirable qualities of spec case of handing, ether with or against the current, in which Abe out class of iron-clads ave sadly deticient. The jidusnola teft here last night to jou the squadron, She ws considered by many to be the finest gunboat afloat tothe West. She te provided with a double set of en- giues, and works side-whecls ax well as screws. Her platiog is of the most substantial and impenctrable character, She has a stationary turret in front, like the Cuitticothe, 12 w! she carries two eleveu-inch guns, having ranges that sweep the borizon, and, in addition, is casemate: ait, and provided with twe nie-inch gans on her botler deck adapted to light down stream (han any other vessel in the fleet, as by anchoring ip the ordivary way, with her head to the current, both her batteries are brought into direct ust the ebjective poiut,and in cu fs 18 position to steam away out of range without im turning about, She is capable of making the speed of ordinary packet steamers, and, although carrying this heavy armament and being unusually heavily plated, she draws but four amd a half fect of water, She was builtat Cincinnati, where she bas been dotaiued tor the last two montis by the low stage of ‘water on the falls at Louisville, which prevented ting dewn, the canal being too narrow for ber accommo- dation. The Lafayette is another new boat, whic ot with the squadron, is here receiving her arraament ja.d outtit, and will go down ina few days. She isa whee! steamer of great power and good speed, with a sharp prow, Umished wil solid timber aud 1 for the purpores of aram The Lafayette looks, externally, very much like the kastport, although mneh larger. she has au extreme iength ot two hundred and ninety-two foet, with yeive feet beam and thirty-six — fer floors, tier hold is ten fect deep. Her engin which there are two, are high pressure, with twenty a sam thongh not ineh cy.tnders and ten fort stroke. Her wheels thirty tree feet in diameter, with four » fect buckets. Her easemates ai nt from of the !asiport, in haying an tne! rubber benewth the irom, and between it and the wood, after tho fashion of the Kesex. Lam not permitted to mention the thickness of her iron armor aor of the timber composing the easemates apon which it is placed may say: that the whole forms the most impregnable casemate of any vessel in the fleet Hesides ums far wmidable casemate, a heavy irou-plated bulkhead sur rounds her boilers and engines, all of which Deiow the water line. oom on the main deck for the accommodation of ottic and crew, the apartments Wied (or whom are spa. eivus, airy and comfortable, that has yet been put npon ap carries two oleven-inch guns, six mineineh an two one hundred pounder Varrotts. ‘The veteran Captain ‘Walke—veteran at least as touching lis serv with this squadron—has been assigned to the command of this due vessel. Captain Walke was one 0! the officers that caine West, and has had command of the Carondelet during all our Western naval operations. He fought that ship y and well in all the eariy batties rau the blockade gt Island No. 10 with ber, aud tackled the ram Arkangas, at 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 bim, performed her valiant feat.of running through Our ontire squadron uninjured. No officer in the fleet has done more eMcient service than has Captain Walke, and hone are more deserving of the command that has been ‘assigned to him. ‘The Eastport, that met with a sliglit breakdown, owing a half ship in this fleet. She teafsult in her construction, has been thoroughly over- hauled and strengthened, and is now afloat again ae trim and protty as ever. # been greatly stiengtbene: end will not likely to meet with a similar mishap again. Her repairs have been directed by Lieutenant Commander Pheips, who will have command of her bere after. Sho is now taking on her armament, and will be ready to go below in a few days. She i to carry four nioe-incb guns and two one fiundred pounder Parrots Her officers will not admit that she has avy superior in the squadron, and are extremely jealons of tbe praise | given to the Lalayette. The Tuscumbia was launched at New Albany about two months since, at which time her consiroctors promised that she would be ready for service within three we But she bas not made her appearance here yet. end 1 matter of doubt bow much jonger she wil) be delayed She is the counterpart im ail respects of the Jodyanoln, and will probably be as good a vessel, J.ieutenant Com mander Shirk, iate of the Lexington, has been assigned to the cominand of her, and has already gone ty New Albany to expedite the finishing work upon ner The Choctaw, at St. Tule, is anotier Dew vessel, on the fame plan as ‘the Lafaye hough somewhat emailer She is now in a very advanced stage of completion, and will be oat tm a few wor looutetant Jan od under the super ng, and have been con of the latter named nage, recentiy launched at St Louis, will be more on the pian of the Monitor. She will have two etreuler turrets, each siationary, however, and between them a deck carry ing & siugie thirteensineh tor « vessel with some half a dozen more of vb ne character yet on the stocks, 1s not yet euificiently advanc fd Clear idea of what ste will be whe sabato ‘The Chillicothe, Indianola, haps the Choctaw, will be « against Vieksburg, and, owing t © these boats and the beavy cab will be equal to the entire oid fleet, thw Cifective force of the naval equadron In the excitement in Western Tennessee and Kentucky, Plvuk hs dab wat, paused by tue rebel rad upou Gen. te, and per- her campaign ved charactor T armaments, jvubling the By this arrangement she is better | ot accident | Thiet | placed | Her great length gives ample | 8 er armament ix the fnest | st bateh of | NEW YORK HERALD, MONDAY, FEBRUARY 2. 1863. Grant's lines of communication, urgent application was made to Admiral Porter fur a suitable guuboat to protect | the points on tho Mississippi river {iat soomed to. be | threateued. The Admiral, vot bemg fally acquaited with | the exact siiuation of wilairs, at once detached the irom clad Carondeict trom tho squadron, then lying off Vicksburg, and ordered bor to proceed with all haste to Island No, 10, hb discretionary authovity to guard any threatened yphis and Cairo. In running up the slug ust above Memphis, which came isemates. tevring away the light upper work , and breaking her hog chain necessitated her lying by fir repairs, which are now about completed, and, as Che apprehended 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 tributuries, a3 well as the Missis- sippi below this point, are now what river men call “bank full)? that is, the water is very high—up to the top of the banks. ‘This fortunate rise bas enabled the Pittsburg coal feet to pass the falls at Louisville, and we now have an absndance of fuel. Hereafter the embar- rassments that have been experienced this winter from the searcity of coal will be provided against by always keeping enough on hand for at least six months’ cousump- tion, with due allowance for losses. ation at Vicksburg—The New el for the Mississippi River. Caro, Jan. 29, 1863. Ihave seen a captain of the Nincty-sixth Ilinois, who left Vicksburg on the 22d inst. General McClernand’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 in opening the famous cut-off, of which so much was heard last summer. The river is bank full at Vicksburg, and bigh enough to rush through the canal at a fearful rate, THe thinks it will ‘be a perfect success. He thinks that should this chaopel Ddecome 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 matiers further south. In his optuion it would take 150,000 men to storm heir fortifications at Vicksburg. Our gun and mortar boats could sheil the city from where they lie, on the north side of the river bend; but even if it were ener destroyed, the fortifications, which extend for miles back, would be as formidable as ever. Movements and Opcrations of the Rebels. Memrnis, Jan, 27, 1363. The rebels have reoccupied Holly Springs, with a brigade of mounted in‘antry under Geveral Whitticid, and two brigades of infantry under General fighiman. ‘They are now repairiig the Mississippi Central Railroad between Holly Springs and Tallahatch! The enemy are again intrenching themeelves at Gre- nada. There are 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 to allow 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 rascals as God ever allowed to curse any community. They rob, murder and plunder witi 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 behind when we evacuated tho town, and would have aung 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. Tis only offence was ‘that he was a Dutchman and a federal employe. On Sunday last three members of the Seventh Illinois cavalry, who were ont on a foraging expedition, were Killed, and one taken prisoner. General Hamilton arrived from Cairo this morning. ‘There is nothing from below. The Sit Chai A Chance for River Men. Rear Admiral D. D. Porter has 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 great—promotion to command for those who earn it, good psy and subsistence, and com{forts not to be found in the land service. Any one 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 delivered on board the receiving ship. The enlistments «ill befor ube 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 skip, and every one will be allowed to havea 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. Mocrrrxesporo, Tenn., Jan. 27, 1863. Quite a spirited affair cxme off on Monday at Woodbury, twenty miles out on the MeMinnville road, in which Palmer’s division of Crittenden’s corps won fresh laurels. Seven rebel regiments were stationed there as an out- post. Palmer concentrated his brigades at Readyville on Sa. turday and Sunday, without tents or gage. On Monday, hoping for asurprise, the Ninth Indiana were thrown out as skirmishers, closely supported by the Forty-tirst Ohio and Thirty-first Indiana, These troops wore 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 Ninth In- diana We killed their colonel commanding and thirty-feur others, and took one hundred prisoners. Important Capture in Arkansas. A STEAMBOAT AND THREE HUNDRED PRISONERS TAKEN. SPRINGFIELD, Mo., Jan, 28, 1863, To Major General Curis. Colonel Harrison telegraphs from Fayetteville the success of a scout jast returned {vom Van Buren, baving ca; the steamer Julia Roan and three hundred prisouers, about two hundred of whom were paroled. he scout con: sisted of one hundred and thirty men of the Firat Arkan- sas cavalry and Tentu Illinois cavalry, under command of Lieutenant Colonel Stewart. No loss on our side. On that of the enemy, two killed | aad several wounded. J. M. SCHUFLIELD, Brigadier General Commanding. Police Intelligence: ADROIT BURGLARY—EIOHT THOUSAND DOLLARS WORTH OF BONDS STOLEN. About threo weeks ago the office of a Boston broker nawed White was entered by burglars, and the safe robbed of bonds and other property valued in all at $8,000. A liberal reward was offered for the apprehension of the rogues, while brotzers 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 for several days detective Mcvord finally traced one of | the stolen bonds to the possession of a broker in Wall street, named Park, who, on being questioned tn relation othe matter, said he ‘purchased it of a broker named Thompson. The police on finding Thompson ascertained that he bought the property from a reputed Enghsh bur- giar named Joe Watson, who was therenpon promptly arrested on svispicion of being engaged in the rob- bery. The prisoner was brought before Justice Quack- j enbush at the Jefforson Market Police Court, where for several days past the investigation has been going on | with closed doors. Anothor broker, whosename we could not ascertain, 18 also mixed up with the affair, and may find it rather dificult to come of unscathed. she stolen property cousisted of two $1,000 bonds of the city of | Portland, Maine: two $1,060 bonds of Albany, two $1,000 bonds of St. Louis and one $1,000 bend of Boston, some certiticates of stock and a gold wateh. since the examin ation has been progressing the poliee have recovered the Portland bonis from tne President of one of the Boston banks, who had unwittingly become the purchaser. ‘The Albany bonds were also recovered under similar cireum- sta Albany banker, while the st. Louis aceonnted for by Mr, Park, the Wall street er ly referred to, The police’ have not suc- ceeded in recovering tne Boston boud yet, but hope to be able todo so in the course of a few days. The case is still under investigation and needy ventilating. Ture oF & Vaicarm Diawoxy Pix.—Emma Rodgers, a nymph du pave, was drought before Justice Kelly yester | day on the charge of stealing a diamond pin, valued at | $300, from William H. Honsman, of No. 56 Beach street, ‘The 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- gover staies that in a moment of generosity ihe com plainaut made her a present of the pin, and’ that when they parted yesterday moruing Mr. Housman was aware that abe had possession of it. Un being asked what she did with the valuable, the prisoner frankly acknowledged that che sold it to a man named Barney for eighty dollars and that eight dollars of the money she received proved | vo be counterfeit. Her priveipal object im selling the pin so soon after the presentation was, she said, to enable her to take hor 5 y clothes out of pawn. The magis- trate committed Emma for trial in defanit of Dail. Coroners’ Inquests. As OL» sotiinn Gone To Rixt.—Coroner Naumann held | &b iMquest yesterday pon the body of Charles Lacton), an | old soldier, who dropped dead in the drinking saloon No. 414 Broadway on Saturday evening. From some papers found in the posession of deceased it appeared that he had deen for many years a. soldier in the French army. From a pass signed by the rebel Geuera! Earl Van Dorn, whieh was also found on his person, it appeared that he also served in the rebel Deceased was an Italian r y by birth and was about seventy years of age, Verdict ‘Death from dives it the Beart.’ igence. ay . Frank, of the United Army , of Poston; R. H. Gain. Dees, of Ponneyt bot, of San Franecieco Captain Samuel F. Foltz, politan Hotel. ‘ago: Major Bolle, of the United ing at the Met J. F. Tracey, of th States Army. H. Manton and family, ot Providence: Wm. Bell, Jr ,of Ft. Lguis; Hon. J. H. Reynolds, of Alvany, and Jobt Crouse, of Syraccre, are amoug the arrivals at the St. Nicholas Hotel. Hon. &. B. Morgan and lady, of Aurora, R. D. Broce, of Hillsboro, N. H.; H. D. Morris. of Boston, H. A. Wane, and W. H. Bishop Bangor, Me., G. M. Abell and lady, of Dunkirk; N. B. Potter, of Providence. G. F. Harding, Of Chicago; G. A. Starkweather. of Wisconsin, J. Bard, well and J. Barnes, of Boston. have arrived at the Astor House. Ex-Governor Paldwin, of Connecticut, ts suffering at Now Haven from ® severe illness, which excites the ap: prebensi ya of lus iriguds, This accident OPERATIC AND THEATRICAL. Musical. Manager Grau is once more enabled to open the Academy of Music. Signor Briguoli and Signora Lorimi have entire- ly recovered from their late indisporition, and are quite ready to charm the lovers of music once more. The de. sire to hear Miss Kellogg in some lighter opera than * Poliuto,” which was chosen for her debut this season, will be gratified to-night. Miss Kellogg wiil appeir a8 Lady Heurietta, in the opera of « Marta.” To add to | the attraction, Morensi will be the Nanoy for the first time, while Brignoli—all the more desired becauso 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, aud 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 “Frau. ni’ one act of Traviata,” with Cordier as tue {rail one. If the 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 exisis im the place. On Wednesday evening we shall have ‘‘I Vepri Sici- lini”? 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 cre 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 habitucs, will go to render the Bostonians happy. Our only chance to be delighted by the music of this chef d’aurre is so far remote that it were unwise to dwell upon it. anager Anschutz is once more amongst us. His 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 fied. Governor Curtin was present. Manager Anschutz made a great hit intthe City of Brotherly Love. He drew jarge 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 Wednesday 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 Manager Anschutz will meet with the same liberal patronage which encouraged his last season here, The wonderful child pianist, Teresa Carreno, bas 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 a favorite here as a pianist of extraordinary merit, hus re- turned from a tour through Canada, where he 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 be has undoubted genius. MINSTRELS. The minstrel halls have, one and all, been crowded this week. Bryants’, Wood’s, Buckleys’, and Hooley’s, 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 overflowing 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. Theatrical. ‘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 ay that of last week, 60 that persons coming to the theatre in cars or stages will not be obliged to sit the whole evening whh wet and muddy feet. It is also very desirable that the hour of commencing the performances should be advertised 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,’ Wednesday, 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 spleudid dresses Saturday, “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 Tucsday. Several new pieces are in preparation. An entire change of performance is announced at the Winter Garden this week. To night, for the benelit of Miss Couldock, ‘The Advocate’s Last Cause’ and “One Touch of Nature’’ will be given, with Mr. Couldock as De Vernet and Penbolder, and Cubas will dance “La Flor de Seville,’ and appear in the dress of an Arab boy and the socond act of «The French Spy.” This ought to be a most popular melange, On Friday evening Cubas takes a benefit, Next Monday evening Mr. Edwin Booth makes his renfree. Mr. George Jamieson, who has just returned from Europe; Mr. Lawrences Barrett, who made a hit here some time ago with Sothern in ‘Sus- pense,” Mrs. Julia Bennett Barrow and Mis« Ada Clifton are engaged to support Mr. Booth, who has two new plays to produce. Mrs. John Wood's benefit on Friday evening last, at Taura Keene's theatre, was an immense success. To- night Mrs. Wood reappears as ,Gertrude in “A Loan of & Lover’ and as Sergeant Victoire in “The Invinci Dies.” Tho 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 avnounced for Vhat date. Mrs. Wood will tnen enter upon a spirited competition with Barnum’s Museum and the Broadway Menagerie, and has already et ed Mr. Gosham, the Arabian Giant, Mr. Charles Waicot, 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 have 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 Rudolf, 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 a political 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 characters. The audiences at the New Bowery are very large, and the pieces are put upon the Stage in capital style. Mrs, 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 tho Old Bowery theatre. A dramatic version of the opera, “I Trovatore”’ the magnificent pantomime, “Jack and the Beanstalk ,"’ and the ancient drama, ‘The Oid Oak Chost,’’ are on the bills for this evening, The Old Bowery is now so well conducted and the performances so Ateractive that persons bias 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 one week more, so that everybody may see what sort of a wife General Tom Thumb is to have. No ove cares for the other curiosities how-« days, bat they are ali 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 Meszagorie, near Houston street, con- tinues to grow in favor with the public. Toree per- | formances daily are now given in the circus recently added tothe building, and the elephants, ponies, mules and monkeys delight the javeniles with their tricks elephants stand on their heads and assume al! sorta of absurd but dignified postures at the word of command. The monkeys ride the ponies famously, apd the comical | invited to atvead the (useral, from The | | Mrs. Mary G | Dench. ‘The calendar is unusually large, and many of the | mules defy any man to stay on theit backs agaiust their wit. 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 laid upon a couple of ordinary tables, and he Professes great contempt for the ordinary tricks Of ordtoary maxicians. 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, and must be seen to be appreciated, Mr. Wendel! Phillips lectures upon “The Lost Arts,’’ at the Cooper Institute, this evening, before the Mercantile Library Association. As this lecture is spoiled neither by politics nor abolitionism, many people who do not approve of Mr. Philips’ views may now have an opportunity of applauding his eloquence. Dr. Mucgowan, the Japanese traveller, also lec- tures this evening at the Brooklyn Athenwum on “Japan,” aud Messrs, Brittaa avd Fiske experiment in electro-psychology at Clinton Hall, Astor place, to-night. The Richingses are drawing very large houses at the Arch street theatre, Philadelphia. ‘Satanella’’ is to be their next attraction. They will appear in New York m about two months. Mrs. Drew, the lessee, is to have the interior of her theatre remodelied and rebuilt, iu order to compete with Wheatley’s vew theatro, Chestnut Street. She has secured the uew sensation play, ‘Magnolia,’ which created such « furor recently at , Boston, and inteads to produce it in spleadid 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 lessceship 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 Englane are related Lo the perform- ers at the amateur theatricals, Montreal. We subjoin the bill for the first night of the series. “ Kverybody’s Friend” is in rehearsal THEATRE ROYAL. GARRISON AMATEUR. PRIVATE THRATRICALS. President ot the Committee—Lieutenant General Sir t Kars. Vice President—Major ING, January 15, 1863, nits will perform the capital farce of JOHN DOBBS. To conclude with Richard Brinsley Sheridan's cele- brated comedy of n, Gren. Gds. ut. Col, Conolly. Lt. Col. Hainilton, Gren. Gds, b. Sir Walter Haieigh. Governor of Tilbury Fort Karl of Leicester... Sir Christopher Hat Don Whiskeranaos Master of (he Horse: Beefeater. . ‘Ist Sentinel Ti. Wick It, Freeman, 16th re Capt. Hon. F. Elphinstone, 8. . G Lt, Westbey, 16th reg. It. Barne, ads. JM. Eimes,'D. A. C =M Confidant, M. Fechter has opened the Ly :, 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 Porie Saint Mar- tin, Paris. The London Times warmly praises both the play aud the acting, and relies upon M. Fechter w “ re- store to due prominence the class of interesting, udve turous, enamored heroes who have long been thrust on one side by types of eccentricity’. February Term of the Law Courts. The jury trials of the several law courts for the February term will commence this day, but there is no cause calling for special notice, the most important suits having been frequently referred to; many of them, how- ever, still slumber on the calendars, the war having very much retarded the civi! 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 bomicide of Thomas Byrnes, the Superintendent of Parks, which occarred in an encounter during the last Aldermanic election. ‘The United States courte will atso be in geasion. Some bills of indictment recently found by the Grand Jary will be brought before the criminal branch. Judge Betts has decided all the prize to him; but the Commissioners are iny for the adjudication of the court. ‘The February term of the Court of General Sessions will commence this morning, Recorder Hoffman on the sif>roitted ating others cases important and interesting. Dr. Brown. the alleged | abortionist, will, it is expected, be tried this month. ‘The court will open this morning at ¢leven o Punctual attendance on the part of jurors aud wit is particularly requested. , 288, 276, 122, 478, 648, 680, 610. Strenor Covrt—l'art |.—Nos. 855, 219, 3287 3291, 7, 3277, 2021, Nos. 1022, 1580, 25 4 2808, 2878. 2894. , L054, 1791, 1982, 1095, | MARRIAGES AND DEATHS. 1085, 1080. 13 | myitation, S79 Kighth strect, this (Monday; O'clock, toSt. Bridget's church, mass will be oifere. for the repose of hor soul, aud from thence to Caivary Cemetery for interment — Groewx,—On Saturday, January 31, of inflammatory croup, Magy Sorex, daughter of Thos. W. aud Mary Has- kins Groser, aged 7 years and 6 mon funeral will take piace from St. ber of Mar enue and Penn street, Brookiyn, E. D., this (Mond ternoon, at two o'clock. Tne friends of lay) the family are respectfully invited to attend. , GiLerist.—Ou Friday evening, January 0, Tuomas D. Gutcunist, of the Fighth regunent New Jersey Volunteers, 4p the 20th vear of The funeral will taice plave at the residence of his father, James ilebrist, 691 Hudson street, this (Monday) after noon, at one o'clock. without further notice PCKINSON.—In Washington, D. C. ary 27, of wounds rece t burg. Corporal Woxre: A, Ninth regiment, N Sears. Horrek.—On Saturday, Janiary SL, Civastrana, wife of Charles D. Horter, and daughter of the lite Captain John Ryerolt, aged 29 years aud 14 days. ‘The friends and relatives of the family are respectfully invited to attend the funeral, from the resideace of her hashand, 2l4 Sixth street, Gus (Monday) morning, at ten o'eloc Keits,—On Saturday, January 31, J, M. Keuny, soa of Cornelius Kelly, aged 13 years, 7 mouths and zl days Tho friends of the family are invited to atiend the funeral, i 1 street. ou ‘Inesday afternoon, at ove o’elock ns Will be taken to Flaibush Cemetery for interment. ‘ At Wilmington, . on Sunday, February 1, Miniat wile of Reuben G. Kenney LALLeNDAWL.—At Bethlehem, Pa., on Friday, January » Miss Krnesrine Linikypaut, in the S9th year of her ou Tuesday, Janu- tle of Fredericks- . of Company The remains will be interred in the cemetery at Beth- Jehem, this (Monday) afternoon, at one o'clock. JaNLEY.—On Saturday , January 24, from the effects of a faM, Mr, Samuxt. Lintxy, formerly of She‘eld, Engtand, aged 56 years, siucercly regretted by bis family and friends. Sheffield (England) Telegraph ploase copy Txvanp.«-On Sunday, February 1, of diptheria, Isaac WittsaM, youngest and dearly beloved cbiid of Robert aud Eliza Veluad, aged 1 year, 5 months and 7 days. ‘The Lord gave and the Lord hath taken away: blessed be the name of the Lord. The funeral will leave for Troy, N. Y., on Tuesday afternoon, at three o'clock, from the residence of his loomfield street, Hoboken, N. the family are respectfully invited to and Boyle (Ireland) papers please copy MaxwinG.—In Brooklyn, on Sunday, February 1, of membrauons croup, Joun Wesixy, youngest child of William H. and Luticia Manning, aged 1 year and 8 months, ‘The relatives and friends of the family are respectfully invited to attend the funeral, trom the Gates avenue scopal church, corner of ¢ d Nostrand on Tuesday afternoon at two 4 Navis.—At Newtown, L. I., on Friday, January 30, after al lingering ilness, Mra. ADRIANNA, Wife of Richard n. Nulis, aged 56 years, 6 months and 13 days. The friends and acquaintances are respectfully invited to attend the funeral, from her late residence, Newtown, this (Monday) afternoon, at oue o'clock, without further | notice Near, —On Wednesday, January 28, of discase of the heart, Jessx H. Neau, 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, Jaxes D. Oitam, 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 attend the fancral,on Tuesday afternoon, at two o'clock, without further iavitation , from his late residence, 158 Mott street Park.—On Sunday, February 1, Fuza Jane, aged 7 years, 4 months and 9 days, and Joan Hovstox, aged 9 months and 24 days, son aud daughter of JolmH. and Jane Park. Dearest children, you have left us, Here vour loss we deeply feel; But ‘tiv God that bas berelt us, He can al! our sorrows heal. The friends and relatives of the family are reapectfully invited to attend the funeral this (Monday) afternoon, 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. Pxksima —At the residence of her son-in-law, Héury H. Hart, No. 182 Orchard street, CATHERINE ANN PEEHIE, widow of Alexander Peebles, in the 3d year ot her se. “et he friends and acquaintances of the fainily are fully invited to attend the funeral, from 182 street, this (Monday) afternoon at two o'clock. Quiv.—On Saturday, January 31, Rev. Ronxer A. Quix, Chaplain of Sailors’ Snug Harbor, Staten ind. ‘The friends of the family are respectfully invited to attend the funeral on Tuesday afternoon , at two o'clock, from the chapel. Rocers.—On Sunday, Febrnary 1, Mrs. Evry Rogsrs, aged 73 yeurs. The relatives and friends, also those of her sons, Hen- ry J. and Jobn T. 8, and Octurus Lodge, No. 274 F. id A. M., are respectfully invited to attend the fune- at the residence of Mr. Arthur Hauptman, Forduam avenue, pear Seventh street, Morrisani Roomm.—In Morristown, N. J.,on Friday, January 30, Sanur, relict of John J. Roome, ‘The relatives and friends of the family are respectfully invited to attend the funeral, from the North Dute church, corner of William and Fulton streets, this (Mon- day) afternoon, at two o'clock precisely. Rovs.—On Sunday, February 1, Raxvoury E1uor, gon of Harlow and Huldah Roys, aged 7 year: b& The relatives and friends are respectfully invited to attend the funeral, on Tuesday afternoon, at two o'clock, at No, 68 West Fourteenth street. SIKNuck.—On Sunday morning, February 1, Maruaree- ra Evening, only danghter of John D. aud’ Margaretta Stoneck, aged 1 year, 1 month and 8 days. The relatives and friends of the family are respectfully invited to attend the funeral,on Tuesday afternoon, at oue o'clock, from No, 43 Hester street. Saari.—At Bloomingdale, on Sunday morning, February 1, Mrs. Axx widow of George F. Smith, in the 62k year of her ag Tuneral services will take place at the residence of her daughter, Mrs. Caroline A. Willis, No. Charles street, in this city, on Tnesday afternoon, at one o'clock Towne. —At Freetown, Sierra Leone, on Sunday. Decem- ber 21, of congestion of the brain, Joun Ilewky Towne, merchant, son of John Towne, of Canbridgeport, Macs, aged 40 years and 11 mouths. Urnam.—In Greene, Chenango county, on Monday, Jann- ary 26, Mrs. Kuzannia B., wife of Job Upham, aged 73 Years, | month and 8 days. Warine.—On Thursday, January 29, after a short ji ness, MarTHA, beloved wife of Edmund Waring, Esq ‘The relatives and friends of the lamily are respectfully invited to attend the funeral, ou Tuesday morning, at haif past ten o'clock, from ler late residence in Kighty- i street, between avenues A and B, without further Her remains will be taken to Greenwood Ce- metery for interment. Warryry.—On sunday, February 1, Georor Warinry, at No. st Twenty seventh street Due notice will be given to-morrow of the funeral ote Orchard Married. Bunce—Kyer.er.—In Raltimors 2, by the Rev. Mr. Calloway, Oniver B. city, to Kare C., daughter of John C. Kuell former place. No cards. y | oe, Of this | Kaq., Of the | Diea. | Bucur. —At Philadelphia, on Friday morning, January 20, Leoxona, wife of [sane Bilyer, and the beloved moth of James M. Bilger, of this city, in the 64th year of her age. Interment thie day (Monday) at Laure! Hill Cometry. | Lies. —On Saturday, Janiary 3t, Saran Briaes, wife | of Pever Briggs, aged 55 years, 5 months and 10 days. | the relatives aud friends of the family are respect(ully invited toattend the funeral, on Tuesday afternoon, at | two o'clock, at the Dutch Reformed church, at Fordham. | Canky —On Saturday, January 31, Mictast Carey, age 5 years. Dearest busbend, thou hast left And thy loss | deeply mourn But ‘tis God who has bereft me, i He can all my sorrows hea The relatives and (riends of the family are respectialty invited to attond the funeral, this (Monday) afternoon, at haif-past one o'clock, from his late residence, No. 370 Greenwich street. Coutrys.—Suddenly, on Saturday, January 31, ef in- | flammation of the iuogs, Euzawert, wile of Edward Collins. ‘The relatives and friends of the family are reapectfully invited tw attend the funeral, from her late residence, No. 260 West Twelfth street, this (Monday) afternoon, at two o'clock, without turther invitation. | Cravey.—In Jersey City, on Sunday morning. February | 1, after a lingering iliness, which she bore with Christian | fortitude, Mary Bryne, wife of Ishi Craven A true wife, an affectionate mother and a sincere friend. ! Funeral from her father’s residence, Philadelphia, Pa Dovig —On Saturday, Jannary 81, Jomy Dovir, aged 57 yeare, 5 months and 14 days. } ‘The relatives and friends of the family, also of his son, — John F. Doyle, and. son-in-law, George W. Baldwin, arc respectfully invited to attend the funeral, this (Monday) afternoon, at one o’clock, from his late residence, 67 Varick atreet, without further invitation. Erusa—Or agpibe | Thomas and Mary Ellis, aged 3 years, 10 months and 26 | days. ! ‘Tho relatives and friends of the family are respectfully | invited to attend the faneral, this (Monday) afternoon, at hali-post one o'clock, from the residence of bis parents, | No. 15 Cannon street Z —Killed in a skirmish at Morrisville, Virginia, Micnart FaGaN, son of Bridget Fagan, No. 10 Pitt street ‘The friends and acquaintances of the family, and those of his brothers, Bernard and James, also of his encies, Bernard and Joba Campbell, #re respectintly invited to attend the funeral, from No. 10 Pist street, this (Monday) afternoon, at two o'clock, without further notice. | Forumr.—On Saturday, January 31, at the City Hos. pital, Lorenzo D. Funnier, pilot, aged 49 years ‘The funeral will take place from the (ity Hospital this (Monday) afternoon , at half-past one o'clock Fextow —On Saturday morning Tuomrsos, relict of John Fenton, ¢ 95th year of her age. ‘ The relatives ana friends of the family are respectfully | invited to attend the foneral, from the Baptist: church, Sixteenth street, near Kighth avenue, on Toesday aiter noon, at one o'clock, without further inv! ' Gronae THomas Exe, son of eN | Fraser.—On Sunday evening, Febr Thomas Fraser, in the 52d year of his age, | The friends of the family are respectfully invited to attend the funeral, from hie late residence, No. 20 West | Twenty-second street, on Wee past two o'clock. Groen, —On Saturday , January 1, JawesSrean. youngest | son of John W, and Annie Elizabeth Green, aged 1 year ‘and 5 months. The relatives and friends of the family are respectfully invited to attend the funeral, from the residence of his parents, No. 706 Washington street, this (Monday) morn- ing, at eleven o'clock Gorcr.—On Saturday am, W nesday afternoon, at half itloess, year nuary 31, after a tong James @ough, in the 4% ot her The and friends of the family are respectfully t late residence, | | are operating in them. w On Sunday, February 1, Lavra B., wife of John f, 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 a FINANCIAL AND COMMERCIAL. Senpay, Feb. 1, 1s65 The money market was quite active last week, though rates varied widely, according to borrow- and collaterals, The best _ borrowers ers at 5 and 6 as they can use, and, in th margins are not closely scrutinized. On t se, other | hand, the weak speculators who have been operat- ing at the public board, in many cases to an ex- | teat wholly upjustitied by their means, find it ex- tremely dificult 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 shares, it has proved difficult to borrow, at any rate of 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 cautious and distrustful of the advance in stocks and of the strength of the speculators whe To a certain extent the prudent caution of the regular lenders has been defeated by the willingness of private capitalists to lend money on ten per cent margins on the or- dinary speculative stocks of the day. Bank de positors are naturally anxions 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 ge Every merchant or capitalist knows some broker who will take his bank balance at five or six per | cent and give him stocks to secure the lo n, with such a marginas 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 as idle as Congressional attempts to restrain the legitimate prosecution of the banki ‘The business of a banker is to lend money on ade- quate security at the market rate of interest. Whenever a banker—from extraneous reasons— declines to lend money on adequate security at the market rate of inte t he departs from sound principles, and will lose money by the operation. It is jnst as ridiculous to deplore the present rise in stocks, and to try to prevent it by illegitimate combinations, as ft was in 1857 to try to prevent their fall. The laws of trade will assert their supremacy in spite of the contrivances ¢f indivi- ‘The friends are invited to attend | in | the street have as much money oflered them i eral. | duals, and people who try to evade them will tually discover that they have lost their labdr their money too. Gold advanced last week to 160, closing about 159, and exchange advanced to 177, clo 176%a177. The advance was caused by inevitable prospect of more paper issues, and b been accelerated, on one side, by the failure o our military enterprises aud want of confidence the general government at Washington, and, of the other, by the speculation in gold which pre vails in Wall street. Every loyal citizen desires see the steady, progressive advance in gob 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 pra pertion to the amount of paper issues. This la cannot be evaded or defeated. It is possible check the advance of gold, either by victorig of a striking and decisive character, or such administrative changes at Washingto as may revive public confidence in th 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 chang at Washington, and, so far as the New Yorkcil banks and bankers are concerned, it is but pl truth to say that they are mainly responsible ff the recent remarkable advance in the precio metal. Though the rise in gold—from 130 to 1 inabout a month—has largely depreciated assets of the banks, and, in fact, rendered most‘ them insolvent, the infatuation of our banke 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 busiue} have been enabled to put gold up toa premium} 60, thus enormously depreciating the national c rency and the assets of the banks, while spe lators in stocks and merchandise have bg 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 g| 50 or 100 for Harlem, er Southern old, or Pr 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 b: gold is caused to rise to 200, the people at i are robbed of a substantial per centage on 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 means} the prosecution of the war has now gone to Senate, and the Finance Committee of that b have it under advisement. Some anxiety witl 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 fi cial principles; but in the end it must do d two things—either stop the war and disb army unpaid, or pass a bill essentially that which has passed the House. There are| two methods of raising money—one is by Iq the other by printing paper money. Loans selutely unavailable as a resource in any s United States sixes of 1881—a most excellent rity, with interest payable in coin—are s at 92293, and are maintained at this ficti} price by a general unwillingness among holde ruin themselves by trying to sell. If the New banks were to put their sixes on the marke! price would fall to fifty cents on the dollaz 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 cial centres to render it safe for any one for a million dollars at any rate of discount. these circumstances the Senate has a v 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 cessatil the war, which, on the other hand, insure evils even greater than the ruin of 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 Ha 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} { tender notes bearing no interest and notes 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 hanks | to receive them on deposi mouey, they | help the government to pay its way. If the do 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 W would appear, from his last message to Con] to have realized that they involve inconven | Itis certain that they insnre a steady adva | cold, which means @ progressive deprecia the national currency, and an advance ina ¢ 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 mus' | tually establish their equilibrium, and if g | mains the standard everything must eve! | advance in exact proportion to gold. Ty | however, one point of view in which the imp financial evils appear to involve some com | ing advantages. The paper money era j we are embarking will prove in the districts an era of remarkable =m prosperity, and of agricultural, comr | and manofacturing activity. Paper mo | England, in 1798-1815, laid the foundatio prodigious manufacturing enterprises to Kngland bas since owed her greatness. own country money will flow freely into lov | 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 iniand navigation will become more active; which is the life blood of trade, will cour unexampled vigor through the national ve is needless to add that this prosperity will | an unsubstantial and fictitious basis, and thé day a collapse will ocenr, which will fatal to most persons who are engaged in by But, though the men perish and dirappe: national work will remain; the factories railw: 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 belind—as tl | of the British paper money system were ir a substantial basis for a new hard money tion to build upon.