The New York Herald Newspaper, February 12, 1863, Page 4

NEW YORK HERALD. JAMES GORDON BENNETT, OFFIOE N. W. CORNER OF FULTON AND NASSAU QTS, ‘olume XXVIEE No. 42 AMUSEMENTS THIS EVENING. BIBLO'S GARDEN, Broadway.—Lean, Tux Forsagey. WALLACK'S THEATRE, Broadway.—Usyermrre, WINTER GARDEN, Broad OTHELLO. LAURA KEENB Wits rar Goupex . Beoadway.—Farr One DEN THovgurs, NEW HOWERY THEATRE, Bowery.—Den Freiscrote— OLLELS Nav S—PiRave’s Legacy, 3 Loox: BOWERY THEATRE, Bowers. ‘aurs of Lospox— Jack AND (Ke BRaNoTALE—ST4’ RUKETS. GERMAN OPERA HOUSE, 485 Broadway—Maaria, BARNUM'S AMERICAN MUSEUM, Broadway. Living terorcTaMUS. Kwa Lioy. &e, at all hours—'MaNto— OUNG Ay @nica, Afternoon and De. BRYANTS’ MINSTRELS, Mevhnics’ Hall, 472 Broad. ea rornse Songs, Burcesqcxs, Dances, £0.—Hica ADDY. ist WOOD'S MINSTREL HALL, 614 Broadwa:.—Ermiorias Boxas, Dances, &c.—Runxinc tHe Buockape. BROADWAY MENAGERIE, Broadway.<Living Wup Agnmars—Prevoraine Buevuants—Comic MuLEs, 4c. AMERICAN THEATRE. No. 44 Broadway.—Bat i713, Panrowes, Buauesques, £0. PARIS(AN CABINET OF WONDERS, 563 Broadway. Open daily trom 10 A, M, till 10 P.M. HOOLEY'S OPERA HOUSE, Brooklyn.—E Gongs, Dances, Buxuksaves, & aoe BROOKLYN ATHENAUM.—Gxo. Curisty's Minstness. Now York, Thursday, Febvuary 12,1563. THE SITUATION. A reconnoitering party from Staftord Court House, under Col. Percy Wyndham, which started onthe th instant and proceeded to Warrenton Junction, cut the telegraph wires at that point leading to the Rappahannock. At Etk Run they fell in with the enemy's pickets, and captured two of them. no rebel forces are on this side of the Rappahan- nock, and that all the sirea re flooded and the roads in such a condition tiat the enemy cannot ‘The result of the reconnoissance is that Move no more than ourselves. The absurd story concerning the destruction of the United States sloop-of-war Brooklyn, by the rebel vessels Alabama, Florida and Harriet Lane, which was in circulation yesterday, has no founda- tion in fact, It is manifestly untrue, as the Ala- bama could not have been in the locality laid down as the scenc of the alleged disaster. The bark Springbok, which sailed from London for Nassau with a general cargo, part of which proved to be of a suspicious character, was brought into this port yesterday, having been cap- tured by the United States steamei Sonoma, off the Bahamas, on the 3d inst. of Acting Master Willis and a prize crew, who Drought her safely to New York. The cargo was Composed of leather, sali and boots and shoes. Tho Sonoma came across the rebel vessel Florida, when off thé Bahamas, on the Ist instaut; put the latter avoided her, and cleared off, though the Gonoma chased her for thirty-six hours. The intelligence which we give to-day relative to the splendid run of the Union ram Queen of the ‘Weat down the Mississippi will be read with great {nterest. The bold dash which this vessel made past the batteries of the enemy shows what valor and pluck can accomplish, a3 manifested hy Colo- mol Bllett. .Shedestroyed thive steamers loaded with provisions for the rebe's at Vicksburg, and took Gfty-six prisoners, She ran under the bat- terries at Port Hudson, and drew their fire without being damaged. She attacked the rebel gunboat City of Vicksburg with splendid daring, and was only compelled to withdraw when she was dis- ‘covered to be on fire from turpentine balls thrown by the enemy. The official report of Colonel Elict ds given in our columns to-day, and details the par- tioulars of this truly gallant enterprise. Out of one hundred and twenty shots the Queen was only @truck twelve times, and was not seriously injured bfter all. { The French Yellow Book, in later extracts from {ta content#, shows that during the period of Gene- fal Butler's rule in New Orleans the relatio United States with the government. of Fi @nd other countries were at times in danger of a rupture. Wellow Book which refers to American affairs tes first from the time when General Butler 8 ed the command in that city. The French Minister in Washington, we are told, ‘protested “against his conduct,” and “denounc- to Mr. Seward the acts of Ceveral calculated to compromise fa the gravest man- international relations, and perhaps to pro- ‘oke serious conflicts.’ After the issue of tic ‘al's proclamation of the 24th of September, jiral Reynaud, of the Imperial Navy, was or- from the North to New Orleans to act ‘with authority of his rank and the firmness and tact abitual to him." The Madrid Zpoca, and other Spanish newspa- , approve of the purport and spirit of Napo- a letter to General Forey respecting his plans Mexico. The Epoca says it confirms all its has said “touching the propriety of a com- action’’ between Spain and France in the re- jablic. In the Senate yesterday a resolution to compen- Bog the sailors of the gunboat Cairo for loss of lolothing was adopted. Reports adversely to the tion of a submarine telegraph along the coast; to the construction of a military post road from Washington to New York, and the amendment of the Fugitive Slave act, wero |. Bills to allow the United States to te appeals and writs of error without giv- Fe security, and for the removal of the Winnebago Indians from Minnesota, were passed. The bill to crease the number of major and brigadier gene- ls was briefly discussed. The debate on the ‘ency bill was then resumed and continucd till ¢ adjournment, In the House of Representatives notice was ven of a bill repoaling the laws levying duties railroad iron and coal. a joint resolution ap- ting $15,000 to facilitate a proper repre- tation of our industrial interests at the Inter- ational Agricultural Exhitjition at Hamburg, in uly next, was referred to the Committee of the ole. The Committee on Foreign Affairs made Teport relative to our relations with New Gra- da. It was stated that our government is taking she necessary steps to recognize the government Mosquera, the President de facto of that ro. ublic. Bills authorizing the preliminary ateps to he admission of the Territories of Nevada an She was put in charge of e fer Indeed, the portion of the | NEW YORK HERALD, THURSDAY, FEBRUARY 12, 1863. | Colorado into the Union were reported. A bill was passed appropriating $7,212 to pay for slaves, under the Emancipation act, in cases whore the claimants, for no default of their own, were prevented from filing their olaims | within the prescribed time. ‘The House passed the | bill authorizing the independent line of telegraph, | between Portland and Washington, to construct | and locate their line in the District of Columbia. The Naval Appropriation bill was then taken up in Committee of the Whole. The amendment or- | dering the discharge of seventy-six midshipmen | appointed by the Seeretary of the Navy was | adopted. An amendment, that while the rebellion | lasts each’ Congressional district in the loyal | States shall have one additional midshipman, to be | appointed as heretofore, on the nomination of a member of the House of Representatives, and the delegates in the present House shall eaéh be en- | titled to one additional midshipman, was agreed to, and the Committee rose aud the House ad- journed. THE LEGISLATURE. ‘The bill accepting the donation of lands from the general government for the establishment and support of agricultural colleges, and that regu- lating the sale of hay and straw in this city and Brooklyn, were yesterday passed in the State Senate, A favorable report was made on the bill to amend the Brooklyn charter. The bill legal- izing Governor Morgan’s acts in refergace to the advancement of bounty money to volunteers and the apparently interminable Albany and Susque- hanna Railroad bill were ordered toa third read- ing. Seyeral bills were introduced; among them one appropriating $500,000 for adding to the de- fences of New York harbor, and one providing for the legalization of certain kinds of official papers drawn up by resident foreigners, In the Assembly the Annual Appropriation bill was reported upon favorably from the committee. The bill appropriates $300,000 for military pur- poses. For State printing the appropriation is #20,000 less than last year; for legislative ex- penses, $15,000 less; for State prisons, $30,000 less. Bills were introduced providing for the election of two additional Supreme Court Judges in the First judicial district; to authorize the Cro- ‘ton Aqueduct Board to acquire title to land north of 170th strect, for the extension of the water works; permitting New York commissioners of deeds and notaries public to reside outside the city;, for a mechanics’, contractors’ and laborers’ lien upon buildings erected; to compel our city loan offices to pay the same fees as pawnbrokers; to provide for the election of our City Inspector at the next charter election, his term of office to be for two years, and to remit to all persons enlisted in the militia regiments the fines imposed by the Militia law of last session. The resolutions invit- ing General McClellan to visit Albany, and ten- dering him the hospitalities of the State, were taken up and debated, but were not disposed of before the adjournment. MISCELLANEOUS NEWS. The brig Lanzarotte, from Paraiba, coast of Bra- zil, arrived at this port yesterday morning, bring- ing 650 bales of cotton. A despatch from San Francisco announces the departure from that port yesterday of the steamer Constitution, for Panama, with one hundred and fifteen passengers and $907,000 in treasure for England and $1,190,000 for New York. It is suppos- ed $1,000,000 of the latter sum is on government account, being the accumulations in the Sub-Trea- sury. A letter from Longford, Ifeland, of the 21st of January, speaking of the condition of the pcopte in that county, states that the present condition of the laboring clars is one of extreme poverty, find their prospect of the future is but a gloomy picture. This privation even extends to many of artisans and once comfortable housekeepers. At a relief mecting held in «Drogheda, which was attended by the most influential inhabi- tants of the town, the distress was classed as un- precedented, From the West of Ireland, a letter dated in Clifden on the 20th of January says the once thriving town, the metropolis of Connemara, ts almost lifeless—well repregenting the circuit of which it is the centre, Let's Life in London, of the 17th of January, says:—The day for the next deposit between Mace and the Unknown has not yet been fixed; but the excitement about the match seems to increase daily in all quarters. The sixty-one eoldiers alleged to have been en- listed under circumstances inimical to their own views of the war, and opposed to their present treatment as incipient warriors, were brought up on habeas corpus, before Judge Pavaard, yester- day; but the writ was discharged and the men re- committed to the officer in charge. *The pumber of emigrants who arrived at this port last week was 318, making the number siace Janu- ary 1, 9. The number to the eame date landed in 1862 was enly 2, The commutation balance now amounts to $14,015 53. By the way of Philadelphia we have news from | Venezuela. The bark Roanoke reports that the republic of Vene ja continues in a very dis- turbed state, A severe battle was lately fought near Corona, where the government troops were routed under Gen. Rubien, ond it is thought that, should the latter he capiured, the war will termi- nate in favor of the rebels. In the Court of General Sessions yesterday, be- | fore Recorder Hofman, Adolph Blank was arraign- ed at the bar, charged with having stolen $1,200 from his employer, Albert Dung, on the 16th ult. The trial occupied the attention of the Court dur- this morning. ‘Tho stock market was inactive yexterday, and rather variablo, At the first board prices were lewer,, but recovered in the afternoon. There was, however, ve- ry little avimation in the market. Cold soid down to 1823, in the morning, but rallied to 16624 in the after. noon, then fell off, sold at 1551/, closing at 154% bid. Fxchange sold at 1683; in the morning, but was held at 170 in the afternoon, Money was quite easy at 6 por it. Holders of cotton advanced their asking prices yester- day to 92c. a M3. for middling, within which range only 700 bales were reported sold. There was not meeb doing in flour or wheat, though prices were lower, whilp corn was steady and more freely purch wed, and oats were a shade higher, with a fatr inqairy, The prin- cipal movements in groceries were in Rio coffee, toas and molasses, which were quoted very firm. Tho demand was good for hay, tallow, wool, fish, bides and tobucco, and limited for coal, metals, fruit, seeds, spicos and gaval stores. The freight market was not active, but rates wero supported. Is It Cuanceston on Savannan, on Born ? Although the people at Charleston, upon the information derived by them from the officers of the British stip Cadmus, are reported to be packing up their traps and leaving the city, in expectation of a formidable attack at any mo- ment by land and water, it will be well, per- haps, for these Charleston fugitives to steer clear of Savannah. We are of the opinian that we have land and naval forces sufficient between Charleston and Savannah to operate upon both places simultaneously; and we do not suppose that the rebels from either place will have the opportunity allowed them of reinforcing the other in the event of an attack. In this yiew Port Royal is a half way military station of the greatest value and importance to our army and navy. Avoragn Proor or 4 Sovxp axv Tavsty Cov- servative.—John Van Buren says he never had the pleasure of seeing or hearing Cox or Vallan- digham. Mr. Van Buren has thus the right to be as proud as the republican who can say the same concerning Greeley. ing the whole day, and will be given to the jury | Finances of the Bebel Govermment—Re- Confederate Secretary of a We publish in another part of this day’s Paper a highly interesting document from the Southern States. It is the annual report of Mr. Memminger, the rebel Secretary of the Trea- sury, giving an account of the financial condition of, the confederacy, and propos- ing remedies fer the present and future evils of an inflated currency very like our own. In fact, it seems that the money affairs of the Con- federates have passed through nearly the same process as the finances of the federal govern- ment, The available resources of the rebels can bear no comparison with the means at the disposal of our government. Heretofore we have been left-comparatively in the dark about the finances of the South; but in the statement of Mr. Memminger we have now a full expose of its monetary affairs. As the solution of the great question involved in the war mainly de- pends upon the relative financial endurance of the two belligerents, this official report is a State paper of the very highest importance. It embraces a period of a little over ten months—from the 18th of February to the 31st of December. At the former date there was a deficit of $26,439,572. At the latter date this deficit been: paid off, and also $41,727,- 322 of the floating debt, while after defraying the current expenditure the Treasury had a Soun Vay Burew ag Last on tax Riaur Track.—Jeff. Davis and his leading organs have at length convinced Mr. John Van Buren that armistices and conventions will not avail to bring back the revolted States into the Union. The Richmond Dispatch, referring to the late conciliatory electioneering speeches of Mr. Van Buren, has answered him thus: that “President Davis expressed the sentiment of the entire Southern confederacy whon he said that its people would sooner unite with a nation of hyenas than with the detestable and detest- ed Yankee nation, Anything butthat. English colonization, French vassalage, Russian serf- dom, all, all, are preferable to any aszociation with the Yankees,” This and other equally emphatic rebel re- sponses to the amiable and conciliatory propo- sitions of Mr. Van Buren of last autumn in be- half of the Unidn have brought him fairly and squarely to face the question, Sha!l we continue this war for the Union, or purchase an ignoble peace in the recognition of a Southern confede- racy? And, like a true man, he faces the music. In hia speech to the Demecratic Union Associa- tion of this city, the other evening, after care- fully looking at the implacable hostility of the leaders of the rebellion, he says that “Our friends (the democrats) in Hlinoia, whe propose to endeavor to hold a convention, will find it a ‘barren task, because the South is determined not to return; and until their armies have power surplus on hand of $14,444,397, of which two and a balf millions were in gold and the balance in interest-bearing Treasury notes. The expen- diture for the ten months and ten days embraced in the rebel Treasurer's report was $375,244,413, averaging $8,338,764 per week; or, in round num- bers, about eight millions and one-third. At the lowest estimate, as laid before Congress, our own expenditure per week is seventeen millions and a half, which is more than double that of the rebels. But it is well known to be twenty- one millions per week. The receipts of the Confederate Treasury are stated to be: from taxes $17,332,079, from Trea- sury notes and loans $434,351,242, and from miscellaneous sources $6,172,583. The total revenue was thus $457,855,704, which was not only suflicient for the current expenditure, but to pay $68,166,894 of the public debt and leave, as we have stated, a balance of $14,- 000,000 in the hands of the Treasurer. In five months $17,422,150 of Treasury notes were funded, being an average of three and a half millions per month. During the same pe- riod the interest bearing ‘Treasury notes in- creased from $22,799,900 to $109,476,400. This large increase of Treasury notes disposed of by the government “affords,” as Mr. Memminger thinks, “satisfactory evitlence that the issue of them was a judicious measure.” But what of the future? It will be seen that the public debt of the confederacy; fcom the commencement to the 81st of December, 1862, amounts to $443,411,307. To this must be added the estimates till July 1 ($290,493,713) and the undrawn appropria- tions ($81,579,913), making together, after de- ducting the balance of $14,444,397 in the Trea- sury, the sum of $357,929,229 to be raised in some shape or other. The total debt on the Ist of July would thus amount to $801,340,638— one-third less than our own wat debt. ‘The Contederate currency -has expanded to about four hundred and twenty oniltions, including one hundred and nine and a balf mil- lions interest-bea Treasury notes, or more than one-fourth of the whole. This Mr. Mem- minger holds to be thrice as great as it ought to be, and that it must be reduced by two-thirds in order to save the confederacy from financial ruin. ‘The currency of the States now in the confederacy is estimated to have been, before the war, one hundred millions. The natural increase required in consequence of the war is estimated at fifty per cent, making the whole currency now needed one hundred and fifty millions. All that isin circulation above this amount is redundant, and is the cause of depre- ciation—a depreciation which, even without any new additions to the circulation, will be con- tinwally increasing as time advances, by an in- evitable law, whose full operation does not take effect upon the currency at the time of ex- pansion, but afterwards. But if the issues are doub\gd the depreciation will be doubled, and thus depreciation will increase till Confede- rate money is as worthless as the old conti- nental notesand the French assignats. Our own money has depreciated so that a dollar in gold is worth a dollar and sixty cents in paper. A gold dollar is worth two dollars and twenty-five cents in Confederate money. As a,test of the pre- sent depreciation, Mr. Memminger states that prices are inflated to thrice their ordinary amount. But how is the evil tobe remedied? The rebel government, like our own, must have | money. The loan system and interest-bearing Treasury notes worked wall to a certain extent, having been sold to the amount of twenty mil- lions anda half per month, which would be amply sufficient for an ordinary war, but not half enough for such a gigantic war as the present. To raise the needed money, therefore, aud at the same time prevent the expansion of the currency, is the problem which Mr. Memminger proposes to solve by tho three following methods:— 1st. A limitation upon the privilege of fund- ing the notes issued prior to the Ist of Decem- ber last. 2d. A war tax upon real estate and income. 3d. A guarantee by the several States, Such are the plans of the Confederate finan- ciers. But “the best laid plans of men and mice aft gang aglee;” and when Secretary Memmin- ger makes his next report he will have, per- haps, a very different story to tell from that which he anticipates. As for the United States, they have something for Europe which can be better depended on than cotton. They have the gold of California, to say nothing of the un- told wealth of Jewott’s rocks in Colorado, and they have superabundant breadstuffs, which Europe needs, and which are eur best security that its Western potentates will keep the peace with this republic. Cotton is a king dethroned. Corn is a king regnant, and that monareh is | here, Our resources are vastly superior in men and means to those of the rebels. Thoy are still unexbausted and inexhaustible. All that is needed is intellect and integrity at the head of the nation to develop and organize them, and give the rebellion its quietus before the falling of the leaf, certainly before the sit- ting of the next CongroM, in the first week of December. But, judging from the past, we must confess that our expectations are not very san- guine as to the future while the present ad- ministration continues in power, and we fear, therefore, we must look to a more distant period for the final triumph of the Union over its ma- lignant enemios, North dad South, to resist and put us down this war must go on, and those who would attempt to stop it will be carried away by the torrent.” This is to the point and to the purpose, and it indicates the right road to the democracy of the Empire State and of all the loyal States. We also concur with Mr. Van Buren, or rather he concurs in the views of the Hexavy, touching the emancipation proclama- tion. He pronounces it a dead letter, a hum- bug and a stumbling block ; but he is very wide of the mark in his notion that “it isa waste of time to bother with tho President of the United States any longer.” As the constitn- tional head of the government, we must sustain him ayd strengthen him, if we would save the govermnent alive. Some of his acts may be unwise, partial and unjust; but ho is stilf the head of the government. We must take things as we find them, and do the best that we can to hold the government, the loyal States and their people together. Let us consider the emangi- pation proclamation as only a tub thrown out to amuse the abolition whale, and let us still hope that great and glorious practical victories over the rebellion are soon to come. Just at the point when Greeley and the abo- lition radicals are proposing tLe abandon- ment of the cause of the Union, and the purchase of a shameful and delusive peace upon the basis of a separation, it is ex- tremely gratifying to find as prominent a leader of the New York democracy as Mr. Van Buren bravely leading the way for an earnest prese- eution of the war to the extent of the. all-suiti- cient forces and resourcesof the Union. Let the ‘universal democracy of the loyal Stutes take the Union road indicated by Mr. Van Buren, and wo shall put down the secessionists of the South ih 1863, and the abolitionists of the North and sll other disturbers of the public harmony in 1864, Nor, in the achievement of these grand @, Will such patriotic political leaders as John ‘an Baren be fergotten by a grateful people. ; Sxm. Diseiayen By Our Gunvenrs.—Since the commencement of the war the skill displayed by our army and naval artillerymen has excited universal comment. The rebels have at times showa great accuracy in their aim, but gene- ratly under peculiar circumstances. Their fortresses or batteries obtain after long practice great precision in striking vessels or bodies of troops within a certain range. This accuracy of aim is obtained by their practising at targets at such points as an attacking force maust pass. The guns are brought to bear upon such particulat points, and when our troops or gunboats approach they are severely handled. When such accuracy is dispiayed by the rebel gunners an immediate chan;e of position should be made. The result will be that the rebels will shoot wide of the mark. This has been evinced several times already during the war, but was particularly noticeable in the case of the’ iron: clad Montauk, when she lately attacked Fort MeAllisier. She had assumed a posit on which was one the rebels had practised at. The result was they struck her some forty-six times in quick succession. She moved, and then their firing at her and the fleet was very wild. Her example might serve in other cases, and we hope it will. When our officers find they are just ia the positions the rebeis have practised at, let them move. The result will be a great fal!- ing off in the skill dieplayed by the rebel gun ners. Our vessels-of-war, as well as our artil- lery army trains, shoot with an accuracy which is considered wonderful by all foreign officers who have visited us. The superiority of our ordnance is undoubted. Give us able generals, and we will easily prove this to the world. Joux Van Buren anv Grexiry.—Last No- vember Joln Van Buren said that he would take Richmond, and that if the rebels would not then give in he would say, “Wayward sis- ters, depart in peace.” Greeley was horrified at this. But how stands the matier now? Van Buren, admonished by the rebel leaders and their organs that they will not submit on any terms to the government of the Union, goes for fighting it out with them to the bitter end, while Greeley, frightened at his own emancipa- tion shadow, says, let us do all we can till May day, and then, if unsuccessful, let us give it up 8a bad job. Van Buren comes out after all a regular game chicken, while Greeley, like an awkward dunghill fowl, shows the white feather. He wheels about and turns about, And does just 80; Aud every time he wheels about He jumps Jita Crow. = — ae Tuneats or A Repet Rat on tax Wore Avy ov Gey, Hooxer.—We are warned from rebel sources that it is possible that on some fine morning, in one of the fogs of the Rappahan nock, the whole army of General Hooker may be attacked and demolished by the impatient and hungry army ofGeneral Lee. But we ap- prehend that no such goodluck can be expected as the voluntary appearance of his cautious veterans outside of their intrenchments. We suspect that they will stick fast behind their works until smoked ot, shelled out or poked out, and we know that General Hooker is ready and that hig soldiers are ready to seize the opportunity of even a partial hardening of the mud in which they are now embargoed to ‘Sheit road to Richmond, TOT. Tae Paree Dorr—Tus Gaxarast G00p ron tas Gexarasr Numpes.—There can be no question of the fact that the repeal of the paper duty would benefit the revenue and equally benefit the people at large. Secre- tary Chase has decided. the matter as far as the revenue is concerned, and, in regard to the people, it is only necessary to con- sider that twenty millions of readers will be relieved of a heavy tax by the reduction of the price of paper, and the only damage done will be to the outrageous profits of about two bun- dred papermakers. This is a plain case, and Congress should not hesitate about it. If the duty be not repealed by the 4th of March next—and it is now the middle of February— the repeal will be of no use to the country. It is evident, thon, that on the principle of the greatest good to the greatest number, this duty ought to be instantly repealed; for twenty millions of people will be benefited and only two hundred in any way damaged. *But if Con- gressmen believe that number one is the greatest number, even in that view of the case the duty should be repealed. “It is said that the Papermakers’ Association raised a considerable sum of money “to influonce legislation,” | and we are aware of the current rumors that this money is being used at Wash- | ington fpr other purposes than the payment of the hotel bills of the papermakevs’ committee. But even our weakest and most accessible Con- gressmen have a future, and will desire to be re-elected either to their present or to some other offices some of these fine days. Then how strong will be the argument against them that they voted so as to tax knowledge, to impose a heavy burden upon all readers of books and newspapers, and to increase the cost of the edu- cation of the children of the people. No candi- date could succeed with such a record against him, and, therefore, a regard for number one, as well as forthe best interests of the country, imperatively demands speedy and proper action upon the paper duty. A word to the wise, and we hope it will be heeded. Wasmunctom, Fob. 11, 1868. EFFORTS OF THE RADICALS TO GUT KID OF MR, SEWARD. Some of the republican members of Congress dally make use of romarks in public places derogatory to the President and Cabinet, such as would subject newspaper @ditors and other parties not M.C.’s to imprisonment im the Old Capitol. Since the Yellow Book developments, translated from the French by Senator Sumner, the re- Publican Senators, under the lead of Senator Grimes, bave packed the cards on Sccrotary Seward, and swear they will push him from his stool. ‘Thurlow Weed is bonding all his efforts to eave the Promier, but his success is doubtful, The republicans continue to caucus as to how Mr. Seward may be ousted from the Cabinet. This creates such doubts and uncertainties that old fashioned Cabinet meetings aro things that were. It is understood that the republican Seuators at their last caucus initiated a plam by which their foclings in antagonism to Mr. Seward shall be formally presented to the President. It is said that some of them were very intemperate ia their threats in the ovent of failure of thoir objects. It ig stated that Mr. Seward will present a State paper om the subject of intervontion that will be s bombshell to his perseoutors, FORTHOOMING REVELATION OF THE VIEWS OF MA POLBON, It fs stated in intelligent republican quarters that Mr. Mercier, the Fronch Ministor, is preparing a paper, to be laid before our government, which will embody the views: of Napoleon Il. P THE FINANOIAL MEASURES. Tho indications.are that the Senate will adopt Mr. Chace’s banking measure. Mr. Collamer commonced his speech this morning la defence of the currency of the local banks. Ho said thas it was customary to urge measures here against men's consciences on the ground of military necessity or the war powor. It is apity that Mr, Collamer bag not re- volted before now,and upon some of the mischiovous measures that ho has voted for. His idea that tho war will come to an cnd in a year or two is like that of ano ther loxding republican, who said lately that they must keep up tho war until the domocrats came into power, when they must settie it. THE INTERNAL REVENUE LAW. The Secretary of the Treasury has before him a letter to the Committces of Ways and Means and Finance im reference to the internal revenue. It states that the maintenance of the public credit requires a large increase of revenue, and that no legislation, irfcluding the passage of tho Banking bill and the finaxoo measurcs, as proposedby him, will have such a favorable effect upom the public finances as an assurance that the reveaue wilt be oqual to ali demands upon it. Investigations of the tax laws of other nations show that some articles of oom- sumption hero are cheaper than in any other country, and are able to bear a highor tax. It is proposed, in the goneral revision of the Tax bill, that a heavier tax shall be imposed upon those articles, Among them aro mea- tioned tobacoo in ail its forms of manufacture, playing cards, whiskey, and luxuries generally. The Ways aad Means Commitiae havo been for sovoral days at work upon the Revenue bill. They will endeavor to embody, as far as possible, the suggestions of Secretary*Chase. The work hag been done up to this time by the sub-commis- too towhom this subject bas been confided, and their action has not yet tracapired. Thoy aro unwilling thas <thore shall be a repetitioh of the speculations indulged tm during tho last sesaim. It is undorstood that the Senate Finance Commiticefavor a largo increase of the revenue, PROCERDINGS OF THE HOUSE OF RECRESENTATIVES, . Tho ‘time of the Houso to-day was consumed ta unprofitable debates upon a proposition to reduce the rates of fare upoa tho Washington horse railraad, tho ap propriation for the support of the midahipmen in the Naval Academy. Mr. Washburno, who has had some diff. oulty with ons of the conductors, recently intreduced- a bil! to reduce the farc from ‘five to three.cents. ‘Phe Bill was tabled. © * Some oxcitement wan raised during the discus. sion of the Naval Appropriation. bill, Tho oea- duct of Secretary Welles in appointing soventy-sim midsbipmen on the recommendation of parties ouside of Congross was severely criticised. There is great division of sentiment on the subject, many of the members boing opposed to a summary dismissal of the boys already appointed, whils they condemn the manner Of their appointment. It is probable that some provision: will be made for the youths before iho bil! is passed. MOVEMENTS OF GENERAT. BUTLER. Geral Butier is closoted with the Presidont to-night, and to-day accompanied bim cn a visit to the Navy Yara. Goneral Banka’ late order ag»iast encouraging slaves to cesert thoir masters works in favor of General Butler aa the man for the Southwest. FROBABLE SPEBDY RELEASB OF CHAPLAINS PRISON> kus OF WAR. ‘Stonewall Jackson's chaplain, now confined in the O@ Capltol prison, is to be released, probably to-morrow. He agrees to secure the release of all the federal army chaplains who may be.confined in Kichmond, or else re- turn and dejiver bimeeit up at the Old Capital YHE M'DOWELL COURT OF INQUIRY, Tho Melowell court #till bolds daily sessions, but they are not open to the public. Zevorai days will elapse be- fore a decision is announced in this case. Corron vrom Brazit.—We see that some three hundred bales of cotton have arrived at this port, coming from Brazil. This is a queer re- versal of the order of things, and seems much like sending coals to Newcastle. Such, how- ever, are the results of war. Producing annu- ally millions of bales of cotton, the United States are now forced to import that staple from Brazil, and all because a bumber of traiters in the South took advantage of the wild ravings and maniacal demonstrations of the aboli- tion party in the North, and succeeded in arousing the Southern States to an open rebel- lion against that party when it got into power. Stranger results will yet be developed, we fear, should not the aboliticnists forswear their cbo- ny idols and bring the war to a close by making it one for the Union. Then, and not till then, will success attend our atms. Let the negro down, and at once the Union will go-up. We should think the abolitionists would feel like trying the experiment by this ‘time. Geyerat Hunter's Necro Sotorens Loomma Ur.—We have'a report from Port Royal that, the First South Carolina negro regiment had arrived there from au expedition sixty miles up the St. Marya river, Georgia, to the town of Woodstock, which they had burned, after hav- ing repulsed a superior force of the enemy; and we have had some other reports of the good conduct of the black troops in otber engage- ments in Georgia and South Carolina. If these reports may be relied upon, Mr. Thaddeus Ste- vers will doubtless plume bimseif upon his negro enlistment bill. But still we hold that we have white soldiers enough in the field, if pro- perly hand!ed, to put down the rebellion, and that Sambo may be more usefully employed with bis wagon whip and with the axe and spade, and also in loading and unloading ships, than as a soldier in expocimental raids, which may involve him in all the atrocities of savage warfare. Joux Vay Benen ox ree Tammany Wiewam asp Mozart THait.—Mr. John Van Buren gave some wholesome advice on Wednesday evening to the managers, traders and artful dodgers of the Tammany Coal Hoie and Mozart Hall. He told them these corrupt organizations ought to be disbanded. Good. He told them that the democracy ought to have but muimittee of elections and no hucksteri Better. He told them that, in any event, he would hive nothing further to do with the erable hueksters of Tammany ard Mozart, which is best of all, We hope that ev honest man of the-democratic faith will follow his example. MURTY-SEVENTH CONGRESS. te. Wasuixcron, Feb, 11, 1863. OMIEN® ATION TO THE SAILORS ON THK GUMMOAT CAIRO. Mr. Giustes, (rep,) of Jowa, from the Conmmittoe om Naval Ailairs, reported a resolution to compensate the saliors of Ure gunboat Cairo for lors of clothing. Adopted, PROTISE AGAINST THE ENLARGEMENT OF THE CANALS, Mr. -H¥RMAN, (rep.) Of Ubio, presented a joint resola- tion of the Legislature of tho State of Ohio, against the proposed enlargement of the canals of and New York THK PROPOSED COAST THLRGRATH, Mr. Wisox, (rep) of Mags., from tho Commitioe oa Military Affairs, reported adversely on the bill for the cuvetruciion of a submarine telegraph from Fortress Mon- roe to Galveston, THE NEW YORK AND WASILNGTON RAILROAD. Mr. Wirsox, of Mass., xiso from the gamocommittes, asked that it be discharged from the further considera- tion of the bul for the coustruction of a ailitary and post road from Washington to New York. TUR FUGITIVE SLAVE ACT. Mr. Tex Even, (rep.) of N.J.,from the Commitice oa the Judiciary, reported adversely ou tho bill to amend tho Fugitive Slave act THR YROSKCUTION OF APTRALA Mr. Trust, (rep.) of Iit., from the same committes, reported back the bill to allow the United States to pro- secute appeals and writs of orror without givingsecurity. 1 assed. noe Musical. THE GEKMAN OVEN A IN RROOKLYN. The first of the short series of operas which Manager Anschutz is to give at the Brockiyn Academy of Music tok place Tuesday night The house was crowded by a faghionab!e ardience, and the performance was certainly @ great success, The artists sang unusually well and were much applacded. There can now be no doubt that Manager Anschuta’s operatia season in Prooklyn will be a most UPiliaat one, 1. Wilkius* charming comedy, “Hen. rietie,” was rovived at Wailack’s theatre on Tuesday eveniug, tor the first time in e*veral seasons. The au: dicnge was extremely largo, (asbionable and appreciative. ‘The scenery was new and apyroprlate. The severil cha racters were admirably rendered. Tho formor success REMOVAL OF TIE WINNRBAGO INDIANS, Mr. WiLxinsog, (rep.) Of Miun.. called up the bill for the —— of innebago Indians from Minnesota. Passed. There is no play in Wallack’s repertoire better adapted | number of major and brigadier generais in the volunteer Service. It provides for an increase of thirty major gone- to display the best talents of his vest artist than this fals and one bandved: Gad ty bei fer ‘Hooriette.”” Sirs, Hoey and Mer. Lester Wallack have | fnaking tho whole number seventy maja gouerals r=] patis which seem to bave be-n created for them. Mr | two hundred and soyenty brigadier at. Floyit’s tropersonation of the Boy Paul bas mado bim a |, Mf, Guan iste dae acre tse bagel reputation, Miss Henriques, Mrs. Sefton, Miss Morant, "ie Carats, (Union) Of ax, wantod to know bow many Mr. Charis Fisher aud Mv, Mark Sroith are almost equatiy | of these gencrals were not on duty. He thought that thie weil placed, and Mra, Reeves sur, everybody on T.0s- | increase would add greatly w the expenses of the govern- day evening by achieving quite a bit ae Madame de La Tour, | ment. To the arrangement of the se Mr, Wnsox said many genorals had boen re when the new forces wore raised. Ho'did not that $0 many were neaded, and he thought that gome limit bad better be placed on the number, or else nomi- nations of new gencrals would be sent to tho Senate overy day, Kir, ‘8 said there was more objection to the quality: of the generals thon tothe quantity Many of our genorals ought to bo removed and better men put in their places. ao be, a ra TUK ( RERNCY BILL, u At the expiration of the morning hour, the Chair called up the spoctal order, viz: tho bili to aid the State of Mis. souri in emancipation; but the unfinished basinoss of yeaterday the Curreucy bill, being, however, first in ordeq, was taked up, id Act. af § chamber of curtesities tu an old Frouch chateau—we re. cognize the artiste taste and shill of Mr. Lester Wailack, whose stage manwemen jog. i ite a8 supertor.ws his act In a word, “Henriette” isso capital a play fail of +. fun P plots, counterplots, intrigues and Ly ecerme Jenctit!y put upon, thoroughly that w¢ do Bot hes it ove of " Season, [t will be repeated on ‘Tuuraday nings. LAURA KEENE AT | U6 BYOOKLYN ACADEMY OF MUSIC. soldstn (b's good old sterling Gomody, « She 0°)" which Ung delighted the admirors of iy the last cent y, and will descoad va of avee yet emnborn, was presented on Mon- | Anameudment by Mr. Haars, (rep.) of N. ¥., was adopted Jay ©: ening to our cousiua ower tho river, ab the Academy | providing that if any bank or saacciation ongnges ta banking shail be a holder of United states of Music, Brooklyn; aud seu an audionce was never before of , it may trans- amount of fity per cent of Its capital stock, iy seen within the Academy. ‘Tho house was literally | fer ana deliver to the United States rer —_ crammed from tho orchestra to the domo Keen the | or part thereof, in the manner provided by a aisles A the parquet and dros circle were donsoly ce- | wi!l bo entitied to receive circulating potes . te enped. Sic Keone a Mise Hardeastic is aa well Koown | eighty per cent of the bonds so traueferred and ~ hey A os Mr. Blake's Mr. Hardeastle, and each character was Mr. Couamar, (top.) of Vt., said this bill could not adsnirably sustained. Mr. Waloot, Jr, as youug Mariow, | regarded as a war meanure, although everything proposed ve signs of early rivalry of bis father's comic powers. | now was brought forward as a great MOABUrO, OF Us BuINe~ Somme of the outer ‘charactors wore almost equaliy woll | thing to gave the Union, The bill could bave E-K- 4 esented, Encouraged by such immonse enthusiasm | for some two or three y and be su rey 4 at no distant the Brooklynites, Miss Keone again oj war was to como to i Ncalemay ust eveotng, before an fqually good bouso, the | ho varught it would bo of short duration, But thie wal bill boing Tom Taylor's play of “The Unequal Match” | was put forward as ® great financial measure, ned ite and the old comedy of ‘ A Cure for the Hoartache.” Miss | general band aim was OS aoanin pty Keene's bongit is for to-morrow (Friday) | culation all ovor the country Sie niaas the object wa thereof.a evening. si attained ane he Dl ha ‘Now, Rnglaod apeclliy, a ta , m Now + an wenn of, the Middio and Western States. Tho businoss 4 all the interests of the pooplo were intimately con. tieted and bound up with these local banks, and wind. i h A wtato of dies ing up ail. thove banks wor 1d create such rece’ ond Gnancial Tl : Obituary. (PEATE OF NICHOLAS LoNaworrH. Crncamwatt, Fob. 11, 1863. yesterday, aged cichiy.ong confusion as Gould pot be