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4 NEW YORK HERALD. JAMES GORDON BENNETT, DITOR AND PROPRIETOR OFFICE M. W, CORNER OF FULTON AND NASSAU STS. Volume XXX aCaDEMY — - - fed EIN, Devins Place.—Itattan Orena: NIBLO'S GABDEN, Brosdway.—Lixoa pt Coamounix. WALLAOK'S THBATRE, Broad way.—Rosevstz. WINTER GARDEN, Broadw: Max. —Tiweer or Leave FP sacked THEATRE, Broadway.—Tauixa 4 Boren. x. NEW BOWERY THEATRE. B Lavy oF Tae Lace—Paut Joxgs—Basuroy Guxtizmax—Jack Suur- rae. BOWBRY THEATRE, Bowery.—Hovss Tat Jace Burit—Garev* Man—Kiss iv THe Dare BARNUM'S MOBBUM, Broadway.—Foor Guanry Two Dwanrs, Avo ‘Wuat Is Iv, 20, a8 ali hours, Ticker Or Lmava May —At Band 13 P.M. NTR’ MINSTRELS, Mechanics’ Hall, 472 Broad. eBRYANTE: MINSTRELS, ao a8, £e—Tan 2NG 4 BUTTERFLY, BALL, 514 Broadway. —Ermiorra secs Mpanean de AMERIGAN Ornna, tf Hoxrass AMBRICAN THEATRE, No. 444 Broadway.—Batcers, Pantowimes, BURLKSQUES, &c.—MAZULME. BROADWAY AMPRITHBATRE, 485 Broadwaf-—Gru- = Boussteian PeRromwanceas. Afterncoa and vel HIPPOTHEATRON, Fourteonth street. ‘ORMT Docs 4xb Monnnrs. Afternoon and Evening a nF = ABYING WAU, Urrins Plamsle E. Caasteos's Cox Car. cs HOPE OBAPEL, Brosdway.—Tam Srznncscorricox Ox Mimnor oF rua Universe. NEW YORK MUSEUM OF ANATOM' — Ovntosnizs ax tonta MOE Now Yerk, Saturday, March 5, 1864. ———————————————————— THE SITUATION. The fate of Genoral Kilpatrick's expedition to Rich- mond is the prominent feature of tho war news to-day; yet tt appears neither definite nor gatisfactory. It is aid that General Butler announced his arrival yesterday ‘within the lives at Fortress Monroe, after penctrating to the suburbs of Richmond, skirmishing as he went and losing ono hundred and Sfty men, and including among the missing Colonels Dahlgren, Cook and Litchfield. He Gestroyed bridges and mills—tbe latter on the James Tiver—to a considerable extent. It is stated from Norfolk that the people in Richmond ‘were greatly frightened by the near spproach of General Kilpatrick. Despatches from headquarters on the Rapidan say that Ro communication has boon received from General Kil- patrick since Tuesday, when be was at Spotsylvania Court House, and it believed there that if the expe. dition had pot proved a success It was owing to the dis- ‘Closures made in some of the republican papersof this City. But despite all these rumors we think that there weed be no fear at present relative to the safety of Gen. Kitipatrick's command. During the Stonoman raid Of May, 1863 , that General travel'ed over the same ground. ‘He loft the Rappabannock on April 23, arriving at Loutsa Court House on Moy 3, Was within two miles of Rich. mond on May 4, and did not arrive at Gloucester Point bo’ore May 7—fall nine days after he left the Rappahan- Bock. Ali accounts agree that Gen. Kilpatrick left the Reppabannock on Sunday last, and allowing him the Game time to travel over the same distance, he cannot reach Yorktown or Gloucester Point before Tuesday next, Qud Uberofore we could scarcely have reliable news be- fore Wednesday. ‘The news of General Sherman's operations at Meridian ‘and Selma 1s somewhat conflicting, or, to say the least, embiguous. It comes by way of Cairo and Cincinnati. One report states that he had sent a force to Meridian on the 11th ult., and another to Selma, which he is said to have occupied at the Iast accounts. Another report is ‘hat be was Within forty miles of Mobile, and could easily Dave taken it‘-if he wante! to,” while another account states that he never got to Selma at all, nor never in- tended to. With this budget of nows from that quarter wo must be content to-day. Nowa brought by the 8. R. Spaulding, which arrived @t Fortress Monroe from Newbern, states tbat a rumor Prevaiied that a large rebel force was within six miles of Beaufort. Thore was no apprebension as to ite tru ocs: or otherwise, os everything was in readiness te ro- 8 & successfully any attacking force that might be sent @zainet them. Teo United States steom transport Thames, Captain Ca- Fey, arvived at this port last evening, from Beaufort, N. C., and Port Royal, February 28, at three o'clock P. M., ‘with 3,309 bags of cotton, She reports passing Charleston at ten o'clock of the same night, and heard heavy firing. The steamship Arago would be detained at Port Royal ‘until (he 4th iost., to await the return of General Gil!more om Florida, who will send on despatches for the govern- ment. . Colonel Streight, who recentiy escaped from Richmond, Prosents « full statement of his case to the Chairman of the House Committee on Military Affairs, He complains Ditterly of the imhumanity of his captors, and the viola- tion of the terms of surrender. CONGRESS. To the Senate yesterday, after the transaction of some vnimportant business, Mr. Sherman, from the committee of conference on the disagresing vote of the two houses a the whiskey tax, reported that the Senate committee was unaplo to agree with that of the House, and moved that the Senate recede from tbe amendmente disagreed to by the House, which motion was adopted—yeas twenty five, nays cleven. The bill, therefore, as it now stands, Provides a tax of sixty cents per gallon on all domestic fiquors manufactured or removed for sale ofter the pas- ‘ago of the act until July 1, 1864, and forty cents per gation on imported spirits on band, The bill only re- ‘quires the President's signature to become a law. The Bubjectfor the interference of the military authorities im elections was then called up, and Mr. Powell, of Ken tucky, concluded his remarks in opposition to all ¢uch interferences. Mr. Foot ovtained the floor and the Senate Adjourned, Ia the House of Representatives a bill authorizivg a Mail steamship service between the United States and Brazil was introduced and referred. A resolution of thanks to the twelve surviving soldiers of ihe Revolution was unanimously adopted. The report of the Committee on Elections, confirming Mr. Rice’s right to his seat asa mmomber from Massachusetts, against the claim of John 8. Sleeper, was adopted. Soveral private bills were con- widored and the House adjourned. ; THE LEGISLATURE. Ta the State Senate yesterday petitions wore presented for the Hariem-Broadway Rgllroad grant, the Kings- Dridge and High Bridge Railroad, and for aid to the So- cloty for the Protection of Destitute Catholic children, Among thie bills reported favorably were one to make Washington's Birthday a legal holiday, and one appoint. tog @ committec to investigate claims agains: the State. Notice was given of bills to incorporate the lows Home. ‘etead Company, to amend the act of 1863 to facilitate the acquisition of land for the Croton Water Works, and au- thorizing banks in thie State to organize under the Na- tional Basking law. The bill to allow prison convicts to Work in commutation of sentence was lost, A resolution Wes lutroduced instructing our representatives in Con ress to vote for an increase of pay to men in the United ‘Staten military end naval service, The bill to continue (he improvements of the Hudson river was debated until the adjournment Ia the Assembly bills wore reported to authorize the Beoend Avenue Rajiroad Company t extend their track, and others of minor importance. Notice was given of Dilla to roguinte the sale of stocks and coin by margins, for a raliroad in Thirtieth avd other streets in this city, and to ieoorporate the Home Trust Company of Brooklyn, At noon both houses took a recess for the purpose of re- viewing Genoral Lodiie’s brigade of veteran volunteers. Owing t the indisposition of both the Governor and Lioutenant Governor, Senator Folger, on behalt of the Executive, weloomed thom io « brief aud patriotic speech. Bpeaker Alvord aiso addressed the brigade. At the even- fing easton tho Annual Appropriation bili was passed. A Dill was introduced to rortga 0 armory for the Figbth Fegiment New York Hiitia, also @ bill confirming the final action of the Supervisors relative to the New York lots, and directing ali claims awarded by eaid fhovrd (6 be paid; also another Broadway and Fifth Avenue Balirvad bi), aio that the Canal Board be requosiga wo R. _ F ao Brooklyn.—Ermiorian : NEW YORK HERALD, SATURDAY, MARCH 5, 1864.—WITH SUPPLEMENT. report upon the propricty ef enlarging the Erie and Us- od Lieagavg, from New The Matanzas, Capt. 5 Bwalya as ‘26th ult., arcived at this pert yesterday. On the 27th ult.,esthe Matansas morning train was going to Havane, the locomotive rea off the track, causing a general emash up of cars, end unfortu- Bately wounding twenty-two persons. ‘The news reached Havava at the moment of the departure of the steamer. ‘The Matanzas’ advices from New Orleans are only a fow hours later than those previously received, @md contaia Bothing of importance. Miss Emma Webb, one of the talented Webb Bisters, Gelivered an address at the Brooklyn Atheneum last evening tn reply to the political doctrines advocated by ‘Miss Anna Dickinson. The fair speaker never appeared to better advantage, and was received with great enthu- siasm by 4 large and respectable audience. We regret that the crowded state of our columos compels us to omit our report of the proceedings. Tho Breokiya and Long Island Sankery Epir will be Gnally closed to-night, after which the Executive Com- mittee will decide how #he goods thea remaining unsold are to be disposed of. The gross amount of the receipts ‘up to last evening was abou: $330,000. ‘The regular meeting of the Board of Managers of the American Bible Society was held yesterday afternoon, B. L, Swan, Esq., in the chair. From the reports fur- ished it seems that’ tho Socicty is io quite a flourishing condition, Appropriations for foreign work to the amount Of 964,177 46 were received. ‘The Eucleian Society of New York University gave aa exhibition at Niblo’s Saloon last evening before a crowd: ed audience. The exercises consisted of orations and recitations by members of the apolety, which were, on the whole, excellently rendered.’ Helmsmuller’s Band Aiscoursed floe music on the occasion. An action was brought against Channcey Shaffer in the Marine Court on Thuraday, by his former client, Ellen H. ‘belog the amount of a judgment Raleh, . repgrgr $482, Loing the amon amsianed to the recovered ia the Supreme wu, -. - plainti’ by one Loren Jones. The defendast denies the allegation contained in Balch’s complaint, and pleads a prior assignment by Jones, who he alleged was indebted to him for legal services rendered io the Superior Court. The case is to be resumed to-day before Judge MoCarthy. The French National Club held their regular meoting last evening at room No, 80 Cooper Institute. The pro- eéedings were of the most formal and uninteresting kind Our reporter attended for an hour and more, but, hearing Rothing either attractive, scientific or politically instruo- tive, there is nothing of consequence to report. Noroner Naumann was yesterday notified to hold an in- quest at 68 Gansevoort street, on the body of Arthur McMurray, @ lad of eleven years of age, who was rua over on the Ist instant by car No. 74 of the Eighth ave- nue tine, and go severely injured that death subsequentiy ensued. One of the boy’s legs was nearly severed from his body. The car was driven by William Avery, and at the time of the occurrent no biame was attributed to the driver. An inquest was heid yesterday by Coroner Wildey on. the body of Walter Rouse, a laborer, who was almost in-. stantly killed in consequence of injuries received by acci- dentally falling from the third story of a new building, corner of Broadway avd Liberty street, where be was employed. Deceased lived at 122 Worth street, where he left a widow and two children. Mr. Rouse was about fifty years of age and a native or Iro!and. Further evidence was taken yesterday before ihe Sur- fogate in the matter of Charles Breusing’s wil), opposed on the charge of forgery. The application for letters testamentary on the estate of Catharine Somers was heard. The Surrogate pays into tho county treasury for the month of February $330 more ‘than the salaries of his oMce, bis being the only county office that supports itselr. Rytger Teal, doing business as commission merchant at No. 63 Liberty strect, was arrested yosterday, charged with defrauding Smith, Rice £ Co , tailors, of a suit of clothing worth $110, and committed to the Tombs for triat in default of $1,600 bail. Teal is also eccused of swindling several merchants out of whiskey and other merchandise. ‘The further advance in gold’ yesterday had the tend- ency to strengthen the market for general merohandise, both foreign and native, and though business operations were not on avery extensive scale, yet holders were very firm and all articles brought full prices. On ’Change theactivity in breadstuffs continued, and the shipping grades of flour were 5c. higher, while trade and family brands were steady. Wheat was lc. a 2c. dearer, but less active, the scarcity of freight room deterring shippers from Purchasing as extensively as thoy otherwise would have done. Corn ruled without decided change, with a fair business. In other cereals there was no decided change. Provisions were comparitively quiet but firm. Freights were decidedly better, though not active. Whiskey was without important change. Cotton was dull. Groceries were firmer. Petroleum was unsettled. Presidential Movements=The Politicians or the People. The discussion of the Presidential question has developed such discords and divisions among the mavaging politicians of the repub- lican party that we are befegged, both in.re- gard to the administratton candidate and the result of the election. First, the shoddy répubkicans, the army of contractors and lobby jobbers, the numerous host of the officebolding retainers under Presi- dent Lincoln, from New Hampshire to Cali- fornia, have been moving, in State Legisla- tures and conventions, in bebalf of another term for “Honest Old Abe,” and for the mani- fest design of making a sure thing of it by su- perseding or by packing the national party conventions to suit their purposes. But these movements have only resulted in bringitg out a formidable Cabinet rivalto “Old Abe,” in the person of Mr. Secretary Chase, and in dis- closing the existence, of an extensive organi- zation of resolute radicals at his back. While sapping and mining to secure the national con- vention, they would have preferred to keep quiet and say nothing above aconfidential whisper? but the bold and boastful flank movements of the Lincoln section have compelled the Chase managers to come out from their ambush and to boldly face their adversaries. This is a very pretty quarrel, therefore, as it now stands, between the President and his financial secre- tary; and the issue may be regarded as ex- tremely doubtful, notwithstanding the affected confidence of the Lincoln engineers. But Mr. Chase does not stand alone as a Presidential aspirant in opposition to nele Abe.” General Fremont, with the dical black republican and red republican German legion devoted to his advancement, is really a more dangerous rival to President Lincoln than Mr. Chase. The latter will doubtless full gracefully into line if defeated in the Baltimore June Convention; but Gene- ral Fremont’s friends are evidently resolved upon a totally different course. They have called a nominating convention to meet in Cleveland on the 10th of May, and the upshot of this movement will probably be the nomi- nation of General Fremont, subject to a recon- sideration and his withdrawal only in the event of the nomination of some other man than Mr. Lincoln at Baltimore. We expect, nt all events, that, with Lincoln as the candidate of the Bal- timore Convention, General Fremont will run as an independent candidate against him, as Martin Van Buren took the field in 1848 against General Cass, and we expect, too, that the result will be the same—ihe defeat of the administration party. ~ There are several other republican aspirants who may give some trouble to both Lincoln and Chase at Baltimore—General Butler and General Banks, for instance. As for General Grant, it is clearly the purpose of the adminis- tion and the republican politicians of every ue to rule bim out of the rimg. A fusion ¢ administration factions under his popu- of lar name as their standard bearer would set- tle the question at once; but the managing polli- Hiclang concerned distragt tyeir gpiljty to manage General Grant should he be elected President, and #0 they are determined as quick- ly as possible te shelve him. But with Presi- dent Lincoln as the regular republican aomi- nee, and with General Fremont as an inde- pendent radical republican candidate (ala Van Buren), there will be very Gne opening for the success of the opposition elements. . We presume that the candidate of the oppo- sition will be General McClellan; and he is undoubtedly the most popular end available man upon whom they can combine, As an experienced, capable, practical military man, and as a man still idolized in the army and be- lieved in by the peopl e, he will, we venture to say, prove more than a matoh for Mr. Lincoln, and especially with General Fremont on the course as an independent radical white, black and red republican candidate. The people will say we have had enough of the corrupt and rapacious politicians who have controlled and would continue for another four years the blunders and excesses of this incompetent ad- ministration. Give as a change, and give us a practical military man. Thus, as the late great democratic party was broken up, defeated and destroyed by ‘ts man- aging cliques of scurv¥ politicians, so the republican party will probably be scat- tered to the winds. Against a mere tinkering politician, like Lincoln or Chase, a substantial man of the army and the people, like McClel- lan, will have abundant reasons te calculate not only upon an election, but upon a success amounting to a complete poligica} revolution. Mr. Sgebbins, of New York, on the Gold Bu. Mr. Stebbins made a very sensible and amia- ble speech in Congress, on Thursday last, upon the bill authorizing Secretary Chase to sell the surplus gold in the Treasury. It was the speech of a practical man, who understands what he is talking about, and in the main we can agree with it as far as it goes, although we do not think that it goes far enough. In many respects shis speech is in decided and agreeable contrast with the utterances of the other mem- bers of the New York delegation, and especially with those of the nincompoop representatives from this city—the two Woods, Brooks, Chanler, Herrick and Ward—who seem to represent nobody except themselves, and no interests except their own, and who entirely misrepre- sent the sentiments of their constituents upon almost every question brought before the House. ‘ -But, though Mr. Stebbins says a great many very sensible things, he does not tell us all he knows. His speech has an air of reserve and reticence, and is perhaps more effective on ac- count of what he obviously holds back than on account of what he expresses. He declares his hostility to a paper money system, and yet thinks the period of war euch an exception to the general rule that a paper money system is necessary. He does not like Secretary Chase’s financial system, and yet he will support it as the best thing to do under the circumstances. We wish that Mr. Stebbins had been as frank upon these points as he is in regard to the gold and stock gamblers. He knows that Sec- retary Chase’s syatem is as bad as it could pos- sibly be. He knows that, in fact, it is no sys- tem at all, but only an attempt to drift along, in the hope that something may turn up and obviate all difficulties. He knows that Secre- tary Chase started wrong, and did so wilfully. No man could have been better advised than Mr. Chase. He bad the financial experiences of England and France before him—the one showing him what to do and the other showing him what to avoid doing. Up to the time that he obtained one hundred and fifty millions in specie from our banks everything went smooth- ly. After that he disregarded good advice, sus- pended specie payments, and began to flood the country with paper. The result we can all see for ourselves. Mr. Stebbins knows that had Mr. Chase raised two-thirds of the necessary revenue by direct and indirect taxation, and fesued bonds or other interest-bearing paper for the balance, he could have maintained a specie currency and kept the bonds at par, or very nearly so. The history of the past two years proves this. Weare a commercial and industrial people, and could easily have endured sucha burden. Indeed, we bave endured » greater burden and have paid heavier taxes indirectly in consequence,of the enormous increase of prices brought about by Mr. Chase’s system or want of system. Had it not been for our~ commercial and industrial resources we should long ago have been in the same situation as the rebels, who are afflicted with an equally incompetent Treasury Department. But the administration and the first war Congress were afraid to tax, and so Mr. Chase was allowed to go on issuing paper, until now, as Mr. Steb- bins says, a financial panic is imminent. Should the panic come it is no more than migbt have been and was predicted from the outset. All paper money systems have ended, and must end, in financial panics. But, if we now hada strong, able and experienced financier at the head of the Treasury Department, the panic might, perbaps, be avoided by a gradual re- turn to specie payments and to a dependence tipon taxation for our salvation. Secretary Chase is not that sort of a financier, however. He is even yet afraid to tax. The Whiskey bill, for example, hangs fire because he and other members of the administration dare not lay on the taxes, or are interested in having them withheld from tbat particular articie. By and by, after a few more months of trifling and corruption, it will be too late for reform, and nothing can avert the threatened ruin. Mr. Stebbins knows these facts, and is aware that the means we have pointed out form the only safe and effectual mode of escape. We are sorry, therefore, that he did not press these considerations more fully and emphatically. Tue New Yore Mititia ApaxpoxeD BY THE Lroistatcre.—The appropriation for the arming and support of the militia of New York has been stricken from the appropriation bill be- fore the Legislature, on the plea that at least one brigade (General John.A. Greon’s Twenty- fourth) is disloyal. The radicals in Massachu- setts once attempted to destroy the militia sys- tem of that State because they feared the services of the military in executing the Fugl- tive Slave law; but General Banks, then Gover- nor, had the sagacity te foresee the danger of. the scheme, and the pluck to frustrate it. He has since been lauded to the skies by these same men for the spirit he infused into the mili- tary of the State, and the efficiency hesuccecded in giving to the whole system—the fruits of which are seen in the number and quality of the troops and commanders sent from the State to the war. If the radicals in our Legislature Want te destroy the militia of thin Guat they had better take warning from the fate of their brothers in agitation in Massachusetts, and, in- stead of impairing the effectiveness of our home militia, do everything in their power to strengthen it. Tas Axt or Wxirtxa Moxer ARrioLEs.— The art of writing money articles is a fine art—a very @ne art, We began to teach it in this country come thirty years ago; but it is not yet generally understood. Still eome of the present practitioners of the art are very proficient—almost too proficleat, The follow- ing extracts are taken from the money article of yesterday's issue of a paper that pretends to be one of the leading democratic organs in this city. The article is eo carefully composed, so admirably argued and eo wisely written that its candor, judgment, depth, profundity, knowlodge, science, sense and wisdom speak loudly tor 1 ves:— ‘ies ror tax Mri.iom, on Lext Among ras Usconprmonay Tovary Pas urow Mr. Caase py Ove or His Rercouoan Faiznve.—In the pame of the Prephet! Nu- merala! Last year, when the World objected to In the name of the Prophot! Numerals! The World inted out ia its columns the ‘“eflects and defects” of '. ing scheme before ie became a law, =. i . fa the namo ofthe Prophet! Nu { Balmon P. Chase was unto thom as a demi. whoa making these people rick; but now that he to make poor he is the other thing. Numerala! Bismillah | Nu- morals! &o, ! * « . . * « . e «¢ Numerals! ob, Numerals! And it is stated tbat Del- moon! samching he financial fever of the hour, has upon his Dill of fare, as the (agbionable dish of the ‘season, ‘Saumon Marine’”’—Anglice, “Soused Salmon P."” Numerals | ob, &c, . . * . « * « « ‘The ancient Romans conquered beneath the proud ini. ia P.O. R.. and @o the @hoddy-Bank-Caase patriots may go forth conquering and to conquer under the banner of greembacks and the initials 8. P.C., &e. After reading this wonderful production we at once resolved to write a history of the art of writing money articles, from 1637, when we began the art, down to the present day. We understand that the Count Gurowski made ten thousand dollars by his two witty volumes, in which he cuts up one hundred and fifty politi- clans, leaving only small pieces of each. The Chevalier Wikoff made about twenty thou- sand dollars by his amusing books, in which he cuts up himself and the other diplomats and presents a large piece of his heart to Miss Gam- ble. Private Miles O’Reilly bas made about thirty thousand dollars by his humorous book, in which he cuts up everything and everybody and leaves no pieces of the copperheads. We ought certainly to make as much as—if not more than—any of these famous authors; and if we do we will present the amount to the Sani-* tary Fair, te recompense the managers for what they have lost by probibiting raffling. Conoress aNpD THE Newsparers.—In the House of Representatives, on the 3d inst., Mr. Kasson, of Iowa, stated that the sentiment of the country was against the action by which the House proposed to make a privileged class of the whiskey dealers. Naturally enough be cited articles from several newspapers as an evidence of this. An@her member, censitive for the dignity of the House, declared that Mr. Kasson “ought to be ashamed to read scurrilous newspaper articles.” This sensitive member was Mr. Schenck, of Ohio. Perhaps we ought to say General Schenck, as he is the game man who, early in the war, went reconnoitering with a railroad train and won some notoriety at Vienna. i If there is any institution or body in this country that is distinguished above all others for the intemperance, impropriety, and even indecency of its speech, it is not the newspa- pers, but Congress. Even on the same day on which the newspapers were thus maligned in the House there was given in the Senate an exhibition of ribald scurrility worthy a groggery convention of political scaven- gers—a tirade of trash below the level of the worst newspaper that we ever saw. In the, dignity with which they discuss ques- tions of great public interest, in the intelli- gence of their judgments on such questions, and in the power and ability with which they advocate the right and the truth, the newspa- pers of this country will compare favorably with any Congress that ever assembled at Wasbington. How infinitely, then, must they be above any Congress that has assembled there for the last few years—since Congress has been made up of the narrow-minded, foul- mouthed and maniac radicals? They who correct the improper tendencies of the times—who do their all to keep the country straight—who foster, encourage and in all ways assist every movement likely to ben- efit the nation and the people, and who fearlesely denounce all that is disloyal or dishonest, are the newspapers, and not the Congressmen. .By its fidelity and patriotism the loyal press has exerted an immense influence in support of the country in this great crisis. By its wide diffusion of the truth in relation to our quarrel and to the war, and also by its wide diffusion of sound ideas of national policy, the press mainly has built up tbat confidence in our institutions upon which the country now firmly rests. In this way the newspapers have labored grandly and successfully, while the corrupt hucksters of Congress were principally engaged in contemp- tible party broils and the buying and selling of vont this is well enough known to the govern- ment and to the people. The government re- lies upon the press to assist it in all measures of vital national importance far more than it does upon Congress; and nothing is more defi- nitely fixed in the popular mind than the dis- tinctton between Congress and the newspapers. Congress is a subject of popular defision; and its ever prevalent buncombe, both in speeches and votes, Is regarded by the masses with universal, henest and hearty contempt; while in every house in the land the newspaper is accepted as an authority and relied upon as a guide. : Seorers or tae Batrix or Gatrrsscro Comino Ovr.—The war committee in Wasbington is at work, and interesting developments are daily made, Among the most recent gnd most inter- esting disclosures is the fact that General Meade did order a retreat at Gettysburg, and that the order was not complied with because one of the best fighting generals of the war had al- ready commenced the battle. A persistent ef- fort for the removal of General Meade from the command of the Army of the Potomac is now being made in Washington. Dereat or tae Ravicats ww Lovistana.—The radical abolitioniste were signally defeated in the late election in a part of the State of Lout- siana, and General Banks’ policy of freeing the niggers, but keeping them at work, which has met the rancorous hostility of Wendell Phillips and*his tribe, was fully endorsed. If these pes- tiferous agitators could be cast baok into ete insignificant minority of a few zene ago a Co ae for the gountey would bo accom- pl . ‘Tas Prorosen Nartomas Bamecrr Law. — ‘The National Bankruptoy aot, the mecessity for the paseage of which we Have eo frequently urged, seems again to have lost its hold of public attention, and a probability exists that, through the struggie for party ascendancy and the ab- sorbing interest in the question of the Presi- dency, it will finally be given the go by in the Preseat as ia past sessions, Twice in the period of our history enact- ments of bankruptcy have been passed—in the years 1800 and 1841—with a contiauance of about two years to each. Whatever the urgen- cy then, it will not be denied that the gigantic inflation of the currency and the appalling national debt being created render the en- actment of euch a law more necessary now than ever before. As we have repeatedly ad- monished the public, @ tromchdous revulsion must be expected, and preparation should be made to give relief in the exigencies that will arise. At the olose of the war there will be a fearful oollapse—a grand flood sweep- ing away the property of thousands. These, through the aid of the legislation waited for, would beat liberty, even in the midst of the storm, to seize upon the first piece of raft and spread their sails anew for the haven of forte. To the general commercial and indus- ‘telal interests of the country, suffering as they must, this would be one of the means of re- storing confidence and bringing about a re- newal of prosperity. : In other commercial countries the bankrupt fa viewed as the perpetrator of fraud. In the law of 1841 there was’ no ‘presumption of criminality, and there was room for lenity. All mercantile transactions presuppose per- sonal integrity. When the bill in question comes to be acted upon, if it ever shall be, we bespeak in it the utmost liberality towards the unfortunate. — Our remarks are based upon the belief that the rebels will soon be subdued and be forced to fall back into the Union- With proper management we cannot conceive how it can prove otherwise. None so much as the people of the South will require the benefit of this law. Indeed, bankrupt as they are already, and as they must expect for some time to remain, it would prove to them a Godsend, and equally 80 to-a large proportion of those at the North to whom they are indebted. Let the measure be consummated. Errecrs or Repupiation in Resetpou.—The rebel Congress having seen proper to virtually repudiate its paper currency, which was lit- tle better‘than worthless at almost any time, a terrible business revulsion “has followed in the South. Prices have doubled and trebled for almost everything, and so little confi- dence have shopkeepers in the condition of things, and the slim prospect of ever realiz- ing paying*profit on- their sales, that they have shut up shop, and would run through the lines North if they could get a chance. Repu- diation of government paper credit and respon- sibility has been a feature of most modern revolutions. It was 80 in the French Revolu- tion, when the government assignats were re- pudiated and the mandats substituted. It was so in our own Revolution, when the govern- ment or continental currency was repudiated and became as wortbless as Jeff. Davis’ curren- cyis now. Our own currency would be depre- ciated far below what it is were it not for our immense resources, the surpassing energy of our people, and their unfaltering confidence in the eventual triumph of the Union cause. Re- Pudiation seldom thrives. It is the handmatd of governmental corruption and villany. Coumotioy in Tammany Hatt.—The mana- gera of Tammany Hall are in a great state of excitement. They are running about, like anx- ious inquirers, asking what they shall do to be saved. Recently they have been consulting all the astrologers, fortune tellers and soothsayers in the city. The last astrologer of whom they inquired what they would do was a seventh son of a seventh son, and a German at that. “Ab,” said he, after looking at the stars, a pack of cards, a looking glass and a greenback, “Ab,” said he “you wants to knew what you will do? Mein Gott! You will eat the bitter leek.” Waat Kixp or Dusr po tuk Pottor Have IN Tuer Eves?—We hear a great deal of the ac- tivity of the police—both the municipal police and the Provost Marshal’s police. They are dreadfully sharp after all agents or sympathizers with the enemy, and can make a domiciliary visit, they fancy, as skilfully as if they had had years of experience in Austria or France. But the large game they miss altogether. A rebel general—the Prince de Poligndc—was seen in this oityon Monday by one familiar with his face; but the police took no notice of the fact, it seems, for on Thursday fe left ina steamer for,Europe. College Commencement. ‘The annual commencement of the medical department of the New York University took place last evening in the chapel of that institutton. The Chancellor conferred 7 ; = [hg Connecticut ; Nelson W. Bates, Bradley, Ohio; Edward. V. Bro: Buttles, New York; Irelus G. Cardner, Ni T. Chadwick, New Jersey; George B. Cornell, Massachu- setts; Frank Cottle, New York; Albert H. Crump, New York; Gottlieb T. Douner, New York; Thomas W. Dres- ser, Louisiana; Wm. W. Eaton, Maine, Joon T. Goddard, Connecticut; Chas. A, Gorse, Now York; Edward M. Gonzales, Cuba; Charles L. Green, 4 Stephen &. ‘Green, Vermont; Wm. f. Hamilton, Pennsylvania, Gideon A. Hawley, Central America; dames W. Hughes, New York; ‘forest Hunt, New York; Geo. W. Jobnston, New York; li V. Kendig, Ohio; Jas. E. Kirkpatrick, Llinois; James Lawyer, Now York; Lemont, New Brana 3 Jonet F. inez, Cuba; Nathaniel Matson, New York; Anguatus 7. Mille, 3 York rie, Ii pois; Del. McCtary, New York; James Moore, New Bruns- wiek; Charles W. Neff, Maryland; Geo, W. Newman, Now York: Charles O'Hanlon, New York; Cornelius O'Leary, New York: Jeremiah O'Leary, New York; Geo. C. Bay: Ilinols; Joseph H. Robiagon, Connectiout; 'W. Scott, New stor, Indiana; Leander R. Goodell Whitnall, New York; Faneu York; David T. Whyborn, New York; Massacht Brunswick, Oharles ay ty New York: Cornelius Lop sete Ueda eta Fe Ne ; kaw. M, jCaba; nell D. Weise rg New Lore: George B. Corsell, Mase Newman, Now York, Natbaatel Watson, Now York. The following prises were awarded the gon named below Processor Mott's bronze Charles Sg Maleate, re, Metcalt' pocket case ruments, Soobnd prizo—A case of instruments, for . A. B. examinations, to Mion geitvered ab eloquent and Bi then the disciples of Es- toned ilroguelory aderereed arith any paudlhe ood music enlivened the pleasant proceedings. Relief for Our Prisoners. Bartivone, March 4, 1864, fa reply to numerous lettors from the North and West plerge announce that boxes for prisoners at Richmond seat by xpress to Fortress Monroo, in care of Major Mulford, go direct to thoir destination, The mame and regiment of the prisoner should be put og (lg box, which ahoplA Wo strong aad Roope we a ae Brigade of Veterans, d&e. 7 Atasart, March 6, 1664. “There was quite an ecene before the Comanit- too on Cities. yesterday. Dr. 0. W. Lamont, who pretends ‘chat he represents ox-Mayor Opdyke and D. Dudley Fiel@, has fixed the time for those persons te appear before the Committee on the Metropolitan Police bill half a desen times, but those gentioman have not come to band. As the meoting yesterday aftorneon he egain announced that he bad received @ despaich gentiomen stating that they could aot reach here, sired a i i i ice iy h 3 il : greats H Hee at inte i } Kyvery body su} before the ¥ a4 5 ry eee Hh gtesel i g rf z H I 2 & : : Z 4 ty al asd i i : fai i will take Goal action upon Tuesday. ‘The bill incorporating the New York Skating Club E z 3 tpn them tn will So Toe to them all their zie, commaitee wea reported adversely to yesterday, instead of faverably, ea stated in lotter. The 4 | hich they based ort {he ‘general Taw gives thom ample their report is that _ power to their olut It is now ai the Military Committee ono three handred fifty thousand doliars for the mi ° as heretofore statod. speech Curtis ee ep ‘A vote was finally . re minis il regulate the sale of drugs, wae reported a. 0 Medea pac ‘The bills to amend the ct of the Galla- tia Columbian Insurance Companies were reported favorably this morning. Also the bill paratti the New .York and Brazil Navigation Com- pany- same that passed the Senate, be pt uneees Li ae — bp Rs ridges at torr; re Algo's bitl to ‘Tecorporate the North River Warehouse Company in the city of New York. Also a bill to incor. porate the Bank of Savings and Endowments in New York city. The bill to autborize the venue Company to extend their present track was favorably. The same committee reported the bill corporate the eity of Elmira, 7 Among tho bills noticed in the Assembly was one te regulate the sale of stocks and coin by mai and one to incorporate the Home-Fund Company of 2. Among the bills noticed in the Senate was ons to corporate the fowa Homestead Company; to bill to facilitate the acquisition of land for the of the Croton Water Works, ‘presen High Bridge Railroad; Broadway Railroad. Among the bills introduced In the Senate this morning was a general law authorizing corporations to incréase their capital stock, and providing that such increase ehall be divided pro rata with the stockholders; also a bill tae Premeogor and, Sageage bill te provide for bares at statistics in the city of New York; also a bill relative te repairs of canals, which that work of Pecarygee heer pen be fet ee’ items and measure- ment, instead as prosent ‘work. bas been ‘akon — j il j | i i i H Genate; but the bill was lost made to 1 8 Both h ee soe po on ite way bome on a rough, re-enlisted wat, Goveroo? Seymour, owing to it to attend, and Senator Folger was them on bebalf of the Governor, a ee beter of the cocasion. speech sul inspire proops ‘He was followed with a short vord, io the same eloquent strain. passed off pleasantly, and cannot bave failed to produce ‘8 good result upon the soldiers. The Bilis of the Commissioners of Cha. rities and Correction—Increase of Pe. Mcemen’s Pay—The General Appropri- ation Bills Passed by the Assembly— The Eighteenth Ward Contest—New Rallroad Projects—The Rict Olatms, &e., dee At pany, March 4—11:30 P.M. ‘The Senate Committee on Cities met this afternoon aad considered the bills introduced tm the interest of the Com- missioners of Charities and Correction, for the punish. ment for drunkenness, the Inebriate Asylum, &c. All the. bills asked for by the above Commissioners, except the bill relative to the Commissioners of Emigration, which was referred tothe Committee on Commerce, were or- to be favorably by the committee. dorhe Asseral Oe cosatice again had under tion this afternoon the bill to increase the pay of the ico fores. A majority of the committee he of patroimen salary twelve per cent, or to $900, sergeants to $1,050, She ceerat oe ant ar ere pesrole ‘one thousand, and also and the Dill to limit the term of office of notarigs. ‘The bill relative to taxing ministers and repeal tax exempting Jaws, whieh waa ordered toa third read- ing last night, came up on its final . Tt was committed, with instructions to substitute » bill ex- enpting property of ministers for taxation to the amount of fifteen hundred dollars. It was forthwith re- on its final passage and leat, nos receiving ® motion was made to reconsider, afd that was laid on the table. ‘On motion of Mr. Salmon, tne Dill appointing egmmie, sioners to construct a market in the Eighteenth New York, was referred to the first Comm: of the Whole. Senate's bs eage ge 000, 5 z 1 4 tall gy 235 ripe ieee ali i i i Fy ij i i aRE Hl 33 =e A 3. ai i in ii E ie = ARRIVAI Carter, a ri All mind yp ig _ ‘ ee