The New York Herald Newspaper, April 2, 1864, Page 1

WHOLE NO. 10,059. is VE YOUR WASTE PAPER. | rcasouanr DOCUMENTS BROUGHT 70 TO LIGHT! OVERBAVLING OF GARRETS AND CELLARS! ASTOUNDING REVBLATIONS! ARRIVAL OF THE CAHAWBA AND ¥ AZO. Highly Important from the De- BEAD! READ! RRAD! : partmont of the Gulf. AND REFLECN Sy USD *EBOONOMY is WEALTH.” *AAYELIN, THE GREATEST OP MODERN UNION VICTORY WEAR NACHITOCHES bias ——— stud errr re “pemarks (bat “a penny saved ies penny earned.” Instead ef destroying your Waste Paper, preserve It, aud recelve its ‘equivalent im casb, which ‘we-will pay for Old Newspapers of qrery deecription, whole or ioray ‘Old Pamphlets of all kinds, O14 Circulars, Handbils, ‘Tickets, Card, Catalogues and (OM Scrap Paper, in all its varieties, 1n quantities large or amall. Also Old Writing Paper ana School Books, Old Blank Books, Ledgers, £c., of any size, it matiers not how much ‘they may be written on or mutilated, BTOORWELL & EMERSON, BIOCKWELL & EMERSO BROOK WELL & BNSRSON, TOCKW. EMERSON, 3 "AN: NN 8TR! 8 SRN Steen, A SONG FoR Tai THE MILLION. 2 PhMosophers and lenrued poo + Tahat hothing in the world ean, be Gestroyed; ‘Phat all existing at eet n be erally ba run fa tit ellen aimee. ral © gomnme eral, fubune, ‘Times Two Hundred Prisoners und Four Pieces of Artillery Captured. The Advance of the Army on tho Teche at Alexandria. Additional Particulars of the Cap- ture of Fort De Russy. e Important Circular from Rebel Prisoners to the Governor of Louisiana. Thousands of volumes, although torn oa old, ‘And books, once blank mlcnterting eer ‘covered o'er, Ai ann strect, uwenty 0 ve, gan no Departure of Gen. Banks and Staff Then “waste hot teltee:” et your geen for Alexandria, Collect your books and ‘every alze, Give usa call, and you wilguickly see ‘The price we give for what we aivertiee, den Rew ae STOOK i , . | KWREL & EMERSON ‘The steamships Cahawba, Captain Baker, and the Ya- f TOURWELE 2 EHERSON: 200, Captain Couch, which left New Orleans on the 24th 2 ax "ANN aTReRt. ult., arrived at tbis port yesterday, bringing late news / from Louisiana, Texas aud the Department of the Gulf generally. Tho weathor on the Red river was cold and the water rising rapidly, which will tend to facilitate the move ments of our gunboate. NN 8T 25 ANN STREET. 4NN STREBT. i aah yd Sor pcre pO = an Wi - deoting worth! ld 8, Ao. suddenly reduced Us poverty last Apri By youre of H ey vy eed nes fe, had nota ‘enough inoney General Fravklin’s column has passed through Ope- os a ee waa bee ect en “Papers ae Fousas. soe Why Brockinne & Euceeee of fas Ann street, | General Banks has issued an order establiehing a bureau | Fer eer Zee 8 Hed Price for them.” Tt was enough: the | for the instruction of freedmen. zs ‘and the owner received nearly $100 ie Charles F. Roberts, mate of the brig Herald, of Boston, q WELL & EMERSON, was accidevtally drowned on the 2Ist of March at New LL & EMERSON, Orleans. He loaves a wife and family in Boston. CRWELL t EMERSON Admiral Farragut has been at Pensacola afew days 2 eee past, which place he will leave on Saturday for the is 25 ANN STREBT- ‘Texas coast, ___ % ANN STREET. Operations at Fort Powell, near Mobile, have been eus- 4 80NG FOR THE PEOPLE. pended for the present. i a an pavers the the sie of ot Herald. Paymasters have started for Matagorda, to pay the troops there, and Times, aes t ebay bya the jie hundred, Fo vdved vd rout to tous, ve cents, Lyman Holly of the Forty-seeond Ohio Volunteers, was ‘aesemnne drowned lately on the Mississippi, by the upsetting of a 4 seventy-f And papers of ail other sizes oat. } We purchase. bo — " expense. ‘The health of New Orleans and the army was romarka- bly good. vs The capture of Natchitoches had a depressing influence ‘Then phiets we take by the thousand, on the cotton market, as considerable receipts are ex- waned a pected from that region, Sales at 67c. a 673¢¢. for low ‘You'll find us quite ready to please. middling—a decline, Sugar and molasses are firm; prime d IKWELL & EMERSON, Dew crop sugar, 14%c; flour, $9 60 for extra and Foret & EMLRSON, $8 95 for superfine; butter, 350,; Western lard, 140.; KWELL i ERSON, ANN STREET. freights, gc. per pound for cotton to New York. se 8 a3 pas a Mr. Henry Tnompson's Despatch. a. ARN SEE New Onieays, La, March 24, 1864, oa PARODY ON A POPULAR SONG. ANOTHER VICTORY ON THE RED RIVER. dered A telegram has just been received at headquarters from ‘ ' gies Tyandered the sere Von hal ad our forees on the Red river. All is well. : one lower walla On Monday last @ force, under the command of General both wrinkled and old, Mower, advanced as far as Nachitoches, on the Red 7 if taken and sold river, and there eugaged the enemy, who had assembled atvertise, in large numbers, and who showed a boid front; but after were blank books and Lay lets of every degree, a spirited engagement Geoeral Mower succeeded in flank- pec aret mn see, ing them, and compelled them to retreat. ew tention— ‘Two hundrod prisoners and four pieces of artillery , ne ir valae was gavel to gold, ‘ ‘hen at tant ete ‘& Emerson's they chanced to arrive, ‘were captured. by Ay es tle etl ny Te Iam unable to give you the number of killed and wounded on either side. Nachitoches ia above Alexandria about seventy-five miles, and is the shire town of Nachitoches parish. TUR ARMY ON THR TECUR 4s rapidly joining that at Alexandria, the advance of Gen. Lee's cavalry having already arrived there, The last heard of the Infantry they were at Opelousas, and stil 7 SAVE YOUK WASTE PAP ‘on books, phlets and the fog i] O44 rewspapers, mutilare “marching on.” ie Baw fo Mead Eemeraly oo Jed upon as Tuoblsk, should be’ | Considerable exeitemen: was causad in the city on Sat. gent to well & of No. 25 Ann streot. They | urday and Sunday last by the arrival of partics from ‘merson, Of ing liberal prices for all di nt , Conzr hah any one in the trades oe Waele Paper, KWELL & EMERSON, oer. $ Aeon, KWELL & BMERSOM, FA B ANN SF STREET FH ANN SREEr a PROFITABLE | EXCHANGE. Brashear City, bringing the intelligence that the enomy ‘wero in our rear in foree, and that they entered Frank!in after a short skirmish with tho pickets and captured the regiment of nogroes guarding that town, The cause of the scare and the actual facts are as foilowe:— On Friday evening the Starlight left Brashear City for New Iberia. Arriving where the guavoat Cotton was funk, she was hailed by a quartermaster who exhibited un- mistakable signs of alarm. The boat was stopped, and , Ava street, number twenty-five, \ quickly Basten. wv ore Se when } nes arrive, the redoubtable quartermaster informed the commander i Filind sendy st5 of the boat that Franklin was attacked about ten o'¢ lock "Boots on Thureday night, that the pickets were drivem in, aud ‘that he alono escaped to toll the tale, What wonder that one of the papers, in speaking of the afair, states that ‘the Starlight at once returned, and that ‘two gunboats Wore immodintely despatched from Brashear City; we Await further particulars with anxiety.” Another, who corrected this statement, says there was 20 raid ou’ Franklin, but that the guerillas engaged our plckets, and nd anmong the cas camvalties Was 0 tolegrep cpers. I have given you the en “now for the Se A few guertilas, aeking weeryres our pickets, were ised themselves by being fired upon a] pickets. rebels returned the t fire and pee or they were in « burry. No one was hurt, This imple affair caused the whole of what I i stated, bes: horrying of thirty or forty from Rrasuear to thie city with the intelligence that all means of commauaieation with the army was cut off by the enemy, who had ap. peared in large force tn our rear and attacked Franklin FORTHER FARTIOULANS OF THE CAITURS OF FORT DE ves. ithomal particulars of the capture of Fort De Russy pig oe tty, The fighting ioral aeribie was ri on both ite. The Unioniste kos advanced oa twice ‘were pa pulsed, ar third assault carried the Fars geren ‘with artillery: bg “4 almost inoessan' ‘over: two hours. |The loss not stated. ‘The Bra publishes the fol “Fort De Rusay, “The Red rivs maton at Pied _- sour ‘004 price for them, saa \tobafalaya river, my daylight, provisions, hove in a “a the mon wore pete of the forte, forts De and finest ‘athe the South, all 4 mate $04 parbett ted. The maiw fort had capacity to shelter the av oi ofticers admit that the whole peters J and ewe og mony ‘by which Brigadier Goneral Smith captored the forts is one of the most brilliant os ments of the war, Alexandria surrendered to he gab. ‘Ddoats on the 15th, General Taylor having ovagnatees THR RPPROT OF THR BLECTION ALARADY. Governor Hatin has received the following from prison. oe, by over two ‘ould not Secretary Stan- ton do well to allow all who will of the robel pr tthe Bint ee goed ma loyal h and return their as nod loyal"ettizon: ‘Hon Micuaxi. j, Governor of tate of Louish Bim The undersigned have bailed with acclamations election as Governor of the noble Stato to which wo ‘ Sans oF, Yoon @ ols ra, pine apes ‘f saa for | bene eile = Beams chan Sse anaes! Not, aE feet geri noble State 4 her pl Fogel ; ee, peer — a “ane \ ‘ hor Fock RL iq Of her resurrection, TOOK WELL RSON ‘slavery te now doxd; 2 ANN ATREAT, N. ¥ Ouisiana arise from tho 2) ANN STRET, N sehen of hor mothor, and, gaided hy your able hands, 2 ANN 87 T, assume ia our Union the coeteces sho Is entitled, BANS Anger OY Hoping, sir, thet you will }isten to our prayer, and gon: WHE NEW YORK HERALD. NEW YORK, SATURDAY, APRIL 2, 1864.—-WITH SUPPLEMENT. alder this our bumble petition, we remain, respectfully, your obedient servants, “Came MORTON, INDIANAPOLIS, Maze 9:3 1964.” ‘Tho Plaquemine Gazelle and “Sentineh Of the 10th inat. paye:— jeneral Banks, in his order regulating the system of labor for this State, makes it imperative on ‘gh nes of the negro to find a regular employer, Such is spirit ia which we understand it, if vot literally 60 r 2 reseed. Fow nogroce, comparatively speiking. having thoir own choion, prefer returning to the plantation, per. ticularly upon such wages as specified. He prefers to ‘slosh around’ and pick up the meanaof his support, living from ‘hand to “mouth,” We have had a number of late coming to gee us to get work, None, howover, desire to work by the month. They wish to work by the day, and want a dotlar and @ half for that, Somotimes eer will condoscend to takeadollar, No race or de- ecription of people will stick better together to maintain their prices than the negro. They are not natural Sericultural race, Plantetiong and crops will 6 theso ‘unfortnnates’ cannot be induced to retarn to their tegitimate calling, the plough, 80 loag the negro can niake his ‘grub’ by drifting around, finding ‘tor a consideration’ some fictitious om- ployer, he will not be caught binding bimself to work for @ planter or anybody else, Right doliarg.a month! There aro few thit we have spoken with who do not hoot at the Idea of working for such wager. In giving tho negro his freedom he has imbibed with it an idea of hie im portance which will tako some ‘hard knocks? of stern adversity to bring him down to bis legitimate level.’ Ip another article of the same date is also the follow- IMPORTANT FROM ALBANY. The Contest Between State and National Banks. Attack Upon Secretary Chase’s National Banks and Financial System. The Congressional Financia) Policy Dissected. State Banks Uulog’zed and National Asso- ciations Declared Mediums for Concen- trating Power in Washington. re Reems to be as much travelling now as in for. mer times, judging from the manner in which oor const ete are crowded with passengers up and down the river, At no formor period, we can truly say, were there ever more arrivals and departures from our town—to and from New Orlevns and Attakapas principally—than at present. Business also seems pretty active. Sngar and molasses sti!) keep pouring in. from the Grosse Tete coun- try, whi'e froquently alovof fifty or a bondred bales of tho ‘golden fleece,’ reaches here trrouch the bayous.and Rejection ty the Committee of the Bill Authorizing State Banks to Or- ganize Under the Congress- pices intervening between this place and the Atcha- jonal Banking Law, ‘alaya, - REPORT OF TAS NPALTH OFF OER. ac, &e., &e. The following oficial repori of the Health OMcer at Natchez, ig, to gay the least, both amnsing and origipal — eeeseineieiten Narcnez, Miss., Mareh 16, 1864 Adnany, April 1, 1864. Major J. B. Warne, Surgeon in Obie’. Post Natchen:— PIA AND NATIONAL. BANKS. Sin~-I have the honor to report for firtoen days end ing March 15, 1864, that the stores of Heflelfiugar and Stifler, on Main street, were cloged between the hoore of ten A. M. and two P. M., March 9, for violation of General Health Orders Noa, 1 and 2, since which occurrence the, eanltary condition of their premises has been scrupulous- ly observed. A very cosey house on Pine stroat was found to be vecupie! by a widow lady, threo daughters and seven handsome little pigs. The compatibility*of feeling between the families waz surprisingly good. 1 do not know that they al! ate from the sare platter, y One of the mort exviting eeenes of the session was wit- neased in the Arsembly this morning over a report of the Committee on Bakes in opposition to the bill to authorize Danke, banktog associations or individuals 1ucorporated under the laws of the State of New York to become Danking vesociations der the laws of the United States, the report being ¢: pely severe upon Secretary Chase's finwwein! pulley, and speaking out in plain and they shared the samo room. In_ antic ‘ i quarrel between them, I politely unmistakable terms, tt caused no little commotion among propriety of an immediate eoparation. the mother | the repndlic:n mémbors. An effort was made not to have sternly refused to shed a tear at the parting. but | notion was made to refer it to the Printin furtously ripped open a bed-tick and threw the feathore | 't Printed. A motion was made to ratte it fo fle Kin NG allover me: and, but for the opporinne assistancg of her | Committee, with instractions that it be not printed. This dauchters, who seemed to appreciate my officialerpnetty | motion, after considerable commotion and exeitement, ee bad bed ream the scone might have | wag inet, by a vote of thirty to sixty-two. Tho report Thirty-two careassea of mules and horses have heen | thet wont to the | bg Committee, and the large vote boried,and the bodies of nine decorred contraband ho motion not to print is equ:valent to decided Fourteen sawers opened and rebuilt. Ono bund Jone . that: 1% bes eleta. | Gabel alam inners twenty loads of filth removed fro: tho streets and ne | thot It ber CaN (ni ceUe ene: bo do not wisl alleys, Dispersed the inmates of one house of il! repute. | ga: 4 Sent to contraband encampment ninety-five idie or ile Gtimately employed nogroes. —Vaceitiated one hundred And thirty soldiers and eighteen citizens. sont to Post Hospital* twenty-nine eases of smallox, which 's only Abont one third the pumber for the fifteen days ending February 29. Tam. Major, your willing kervant ‘A. W. KELLY, Surgeon and Health Offeer. PERSON 41. Major General Banks and the remainder of hie sto New Orleans for Alexandria on Tuesday moreing They co by water. Governor Yates, of Minols, arrived in this city on Mon- Gay Inst, by way of the Missiesppi. It is eaid that he has como for the purpose of visiting the rectments from that Stato now in tho Department of the Gulf, W. 3 Fish, Ean. ig now the editor and proprietor of the New Orleans True Delia. Colonel Chickering, of the Forty first Mascacbussets, has been appointed ‘agsistant provost marsha) for he department. Governor Habn has appointed Captain John 1 the same regiment, adjutant genera! for the Lousiana, Mr. J. Wilkes Booth is playing a star eugagoment at the St, Charles theatre to crowded honses. THE LATEST. The follow ing additional particulers of the affair at Nachitoches have been received at head yuairters:— An engagement took place on the 2lst inst , abont twenty-one miles beyond Alexandria, on the Bayou pides; it resulted in the capture of two hundred and ten prisoners from the enemy, four picres of artillery witb caissons, and a large number of horses and mules. The only casualty reported on our side is, that Col. Horace B, Sargent wag wonnded in the leg severely, bat not dan- erously. The forces engsged were portion of the in- fantry of General Smith's command aud a part o* the State and country ery thoughtful breast the \pprehensions. While the patriotism of oinced thom to res ond withthe most itv to every demand upon the physical of the loyal states, it is not to be .cruiwes already made and thore gtill Jing magnitude, aud es such de- nsideration. lt is no evidence “ r virtue in an individual to ignore a danger which ig really present. be man who should peraistently close "bis oyes while walking along an on tried path upon the edge of a dangerous precipice would ve re, a8 either 2 fool or amadman. So, in this crisis of public aftirs, dager is to be lessened and dill culties are tobe surmounted, in the estimation of your committee, by that courage which dares tostare them ju the face, rather than by the pusiilanimity which presence. or from our intention to eal! in question the ex- res of men atid means vo an extent adequate to wn of the unboly rebellion of thesls tes, rerjgihen the arins «f legitimate government, that lows may full with erushing effect on the head of a dictate of patriotisin than of interest. . won for us by the ; viood and sagridece of the Revolationary fathers is a trast { which we hold not fer our posterity alone, but for the | dowatrodden patives of other climes, — While the end to be obtained by the suppression of the rebellion fg of in- calculable importance to ourselves and mankind; while we would withhold no measure of aasisiance ne. cessary to azsnve the dogived’ result, there may justly extet a wide diversity of opinion as to the methods in which the resources of the country shall be applied to the exigencies of the occasion, If ex perience has failed to ‘iomnoustrate In all cases the. wis- dom with which those resonrces have been applied, much may be conceded (0 the novelty of the situstion in ff left last. ft, of State of cavalry of Gevera) Lee. Tbe weather has been severely hich the govern: t fourd iteelf so audd cold, with rain, hail and sleet. The river is fising, there | and etill nore of cbarity is a y the being more than seven feet on the rapide, Gar troops | of the contest and tho practical dittulties surrounding: are jn fine spirits. the political «mestion: inetant. solution. tion of the qouers NEWS .FROM TEXAS AND MEXICO, no impropricty in eerie arning it agoinst the Shocking Disaster—Tni cores Persons pont pes o ; on tp 8 soaterialie tan — - old Upon popular By ny evially bey 18 ail Drew agewracantion of Metinnsios ty to ‘cope with “onreienting enemies, and cond @ the important questiong of State policy ve in. the future. patriotic heart responds to the desire that the rebellion should be subdued and the authority of the gov: ernment be re-established upon impregnable grounds throngbout the eatent of the republic, Tu attain this end wi pled requiritions for men and money havo giv met by onr citizens. Whatever mea- joemed by the government as desirable the desired object have boen freely conceded, aimosé without cavit or question. personal’ iuterests, dilference of political Cortinas to Advance and Engage the | to happy ie French—A Cotton Movement, &c. that I OUR BROWNSVILLE CORRESPONDENCE. Brownsvitix, Texas, March 19, 1864 We have no enemy to fight in this neighborhood, and hardly along the whole Texas coast, where onr army bave beon and gone, is there an armed rebel. Whether the climate is not good for bis health, or whether the harreu coast will not provide bim with rations, | know not, but this I kno Inco our army have occupied this country the eneny have left us in quiet, undisputed possession, and allowed us to advance and capture whatever we vestions 98 to constitutional power, have all classes \d in abeyance by the general desire of a to strengthen the povernment against {ts fratr sailonte, Tf all has not heev accomplis! Pleased with such little opposition that our commanders | could be vesired, the failure cannot be were somewhat surprised and more than once asked the any unwillingness on the part of the people respond to all requisitions made upon them, meaning of this, Ask this questionof a refugee, and he ‘ineir means or theit generous confidence. ‘hey hi will tell you that, owing to the nature of the country, | ove Ww fyb ooked with seeming indifference upon infractions of the the rebel army Ys compelled to romain ia | Strict letter of law ‘f the eud to be obtained was even A vely allied with the public safety. Derelictions the interior, Ask it of as bitter secessionist nstituttonal requirements which ordinar or prigonor, and two to one the answer will be the same. Yet still how different, for while the former says ‘the rebel army i+ compelied to remain in the interior,’ tho latter willepread out bis hands, and in the most approved French style give bis body a sudden jerk by raising his shoulders and eyebrows at the same time, followed the noxt instant by the-relaxation of the eystem,a fierce flash of the eye, and the throwing of the closed hand over the right eboulder, the thumb extended in the direction of the | interlor, while the words, ‘“Magruder’s waiting for you,” will be hissed out in all the bitterness of hate and re- venge. The case fresolves fiself thus: we are waiting (or Magruder and Magrader ie waiting for us. Neither will advance, because each Knows that in this case an ad. ‘vance is sure defeat. You have already been informed, baviy, that ea mira 8 “i on evacuated Indianola, No reason his was done on Sunda mm, though the order was given three days ’. @evere storm ae- connts for the ih wee ios ‘dove betore. Two of the transporte—thé Planter and imeerng 4] a stances would have consigned the party enacting them to popular odiam, if not impeachment, passed over as mere incidents to the exigency of the times. The assumption of jer by executive officers, not unfrequently against the express inhibitions of law have failed to arouse any remonstrances ‘rom eithe: legislative or popular assembiages. And, presuming npon this disposition Of the popular mind to uphold the gov. ernment ja whatever seemed desirable towards the sup pression of the rebeilion, the line of demarcstion between natiofial and State anthority bas been go fer Dbiotied out by the agrion of Congress as to leave it qnite proviematien! whetber that body exists by the primit-ve assent of the States or whether Etates continue to exist by the consent of of popniar ress. ‘With all these favor circumstances tapi aud sacrifices we find ourselves at this time in the prevence of @ public debt whose magnitude ts ap- palling, with ® paper circulation of an untold amount, worth only thirty cents on the dollar in cuneate — the universal standard of vaine, with national, State conty toxes accelerati f amount with fearful rapidity, with the necessaries of life augmented in price beyo:d precedent, and with Fp proad and extravagance more rampant than in the ditys of prosperity. These are facts which we cannot and we can neither driven ashore by the gale, but were got afloat again bY | render them harmless by abutting our eyes to their exist- oa Soe Li% injury. - evacuation ove nor avold thelr dutresal ‘onusequonces By reluelng feores of Union men have been compelled to pack ap and | 19 consider their origin oF or ead, Rveu i we ere winont ve. P- A. K Shei ee with them, h | the power of removing the burdens which this wicked ad ey ie nt to the tender mercies or the | repeliien hae tm) the industry of the nation, Texas re ow Of these brave hearts are deter- | we may at wt guess air unvecoseary tn: — ma naglhees the storm. What thoir fate | crease; we may prevent their aggregation upon particular by yal! iy ‘aking oh, ‘Deinging out the classes and Pe to an extent that shall be ruinons, toyal mon ‘Southern ed then | Std we may ‘as to prevent 4 joning them [ogee discontent that eit wiht ultimately destroy the pub- among Ul 16 evacnating 1s bad policy, and should be done as rarely at | fe credit. pestle ES contiencene i Vaeeriously injure the | it cannot be denied that the country is now suffer inion cee ee Re Union mee the | the sad congequenene Of & Fedrindsnt, Irredeermable paper rebels ground when our armies take ‘The evils reaniting theretrom are bo multite. poseersion, win fear that ‘will soon go and leave them enumeration. 1t is needless to epecu jaw eae in before, oF to leave home and business and | jato hon as our public debt has been increased m1 i deen ‘A stocking disaster ceourred white the troope were | {Rrowsh Wit Coates, c# what would have been ite present moving, by which ok four persons were drowned: | conducted on a specie basis. But it is @ pertinent in- ‘The particulars aro as follows:— quiry whether the ieeue of currency by the —— While the Sixty-vinth Indiana were by bayou | ty an unnecessary extent has not in chet near pee» toon boats, two of the we ductive of the preeeas | re Fedandaney. and wheiper Gece erating in | acy re wenth | the auspices of the Recretary the troneury, Mien! tery, ne belonging to Oy for © stl fartare Inflation of the carrency. Daring ti Secoud Kfgineers of ne were drow! pending of the loan (known as the five Tt fs enid that ap to diame A ‘ole tweoty Fponday of the nt from evn. Melacholy air, Wy ov doats. vorsion® into tim sock ‘erry at onda ordered boats to be imenved tures, ‘aod wont to the assistance of the drowning mon, avd 4 | {he Te anata number were saved. this stock to the extent, ‘we have been here hundrods of refogeos bave on- | ana ihe banks of New t ir rr ines find taken the oath of allegiance. Thay are meet mostly Germons, They sometimes come In sy) of a and A peg! this rare! 5 seen an article in the New Or tat that th there wore nine French off the mouth of the RioGrande, This iss mistake There has Rever boen more than one or two thore at a time, though a fleet is expected, Thave ij ews to report from Mexico, one 3 Jevying contributions on all oftizens of Mexico in his power and who are able to '. ie rapa thot thle ie ten tae natn etveres and the Frenob, t= shipment, as ne French are reported ad- The Steamship Arabia—ice Blockade at Hatarax, N, 8., April 1—11 AM, The steamship Arable, from Boston, has not yot arrived here. ‘Thero Is a grént body of 100 In our harbor, extending as far as the eyo oan 860 east and west, and completely blockading 1$, Tho eanterly winds have drivan the lee la, Hently joftnte “k? What motors hay nt price of al! commoditios should be evhenced and eromeot and people lose ten times in cost what in it eat? fs such ® Consideration to be weighed comparison with the financial renown which must inure to him who borrows at less and less paren | eg deeper the country is plunged in debt? And of popular di-content may fs not safely be predict that the redun- dancy of the currency is owing to the $! 000 issued by tho State banks rather than the $500\mgp,000 issued by the government? No astuto tioancior will for ono moment, Pmainy that under the wasting destruction of war, aod al of nearly two millions of men from caeiee indus- tial pursuits, the country can have progressed in real 10@ the outbreak of the rebellion, It 1 true that ast Oxpeuditures of the government some branches of production—that prot bave made some men rich who were comparatively poor—but still the fact remains that under no condition in society is there such an absolute annihilation of val- ues ag daring & state of war, and that though wealth may, in particular instances, be amassed, itis but a transfer of value from society in the aggregate to judivianals— that as debt aceunniates the nation in reality becomes poorer, Under these circumstances, and in view of the abrence of long acceumulated capital, who doce not eee that a rate of interest much below that which pertains to eommercial pursuita ean only be obtained by the application of extraneoue means and through the production of results injurious to the permanent business interests of the country? Suclt fs our present conditioa, superinduced the exclusive issue of unredeomabte paper money opd The unsettiement by the Fecretary of the Treasury of the rates of interest at which legal tender notos could be converted into in terest bearing securities. A greater attenuation of the ourreticy would probably fuduce the pubtic to accept in exchange for ita Four. ber. ogut stock, whose interest should be payable in gold; but ite eilect would be as dete: terious to the body politic as it would be for a person to exchange the atmosphere of nature for nitrous acid in the ordinary process of breathing. Tm view of the taxation which must necessarily follow jp the train of national, State and local debt already in- curred, it becomes of the highest moment that the bur- thens to be imposed shou!d bo juetiy distributed. Fvon wf all the property of the community should be reached, Qie exietions will fall upon many with a severity to wich our history hitherto furnishes no. parallel. ‘That, under any system which may be devised, there will bo inequalities is qnite certain; but care sbould be taken to guard acing? evagtons, and to make the imposition as imperative agaiost the investments of the rich az against the lesser but more apparent possessions of the middling ee, It was the exemption of the nobility, clergy and ges from taxation which contributed largely to the French Revolution. The public ‘ebt is borne with compara. tive cheerfulness, from a gener.| conviction that the bur. theus which it imposes are equally distributed among ali clasos and iuterests. feast of all will the community be found to tolerate the exomption of a privileged class, eithor of corporations or individuals—who are more deep ly interested in the mai tenance of public order and free government than any other-—from contributing equally to tho taxes imposed for the protection of the life and liberty of the nation, It is deeply to be regretted that Gongross bas carried the immunity annexed to investments in the etooks and secur of the United States so far xempt thom from taxation by or under State icipal authority. The primary effect of this ption i3 more part foularly evident the caso orporations The banks of this State hold States stocks to an amount far beyond their aggregate capital. Could this exemption, therefores be made operative in their case, i would at once remove one hundred and nine millions of dollars from the reach of State and tovat taxation, and throw the accumulated u-tben upoa property in other forms. When itis borne in mjnd that the aggregate amount of the national debt already exceeds two thousand millions of dollars, aud that an equivalent amount of property isto be with- drawn from taxation, We caibot but apprehend disastrous results to the public faith and credit from a extension of tho ex. | emption principle. By the recent decision of the Oourt | i Appeals the banks and other moneyed corporations and ations of the State are held umovuble to taxation chapter 240 of 8 of 1863, of ao jon equal to the of their capital stock patd in or recoiver to be paid in, and their surplug earnings (less ion pe at of such surplus) in the man- ner now proviled by law. The payment of the tax im: pored onder this law was resisted by tho banks who were parties to the suit. not from an unwillingness to contribute a just proportion towards the public expenses, but from the inequality known to exist in otbor sections of the State inrepard to the taxation of investments in United States securities, and the belief that the cor. poration: * wblishod thority of Congress would, the exemnt! uithorized by that hody,. evade all taxes for Sivte and municipal purposes, it is due to the distinguishe: and able representatives of the Now York banks who appeared before the Bank Committees of the Senate and Assembly to say that they emphatically declared their entire concurrence in the propriety of causing all capital, whether corporate, as- sociuted or Individual, to pay ite legitimate share of the public borthens, but that @ iscriminatwg tax, which should resch only the institutions of this State, while those of Congressional origin would eseape with impuni- ty, could not {ail to be .atal to the existence of the former, Your committee recoguived to the fullest extent the josuice of this demand for equality in respect to the public burthens. Without deroguting in. the least from the loyal and iow abiding character of the citizons of this State, we canuot for a moment beliove that they would patiently submit to seeing ihe hundreds or milllons of property invested in banks, insurance com- panies and other moneyed coryorations witadrawn from texation: por will they in turn paticotly aliow rival corporations, enjoying the same priviloges with them- selves, drawing their sustenance from the busine-« operations of the same communtty, and sharing alike in the protection of the State, to coolly repudiate tho obli gations which the law imposes ppon their fetlow citizens. Aud now that the tax upon the associated capital of our local organizations is assured by the decision of = highest al tribunal, interest, sound policy and Soatice, ahike demand that the Legisiature should ert {ia sovereign pre:ogative in brivging all classes of ereons within iis zope of taxing powers, In many localities the rate of taxation is already two and three per cent on the amouut of valuation, with avery proba. easing ratio in the futare. It must be nt, therefore, that i{ the corporations organized Congress can evade this burden, interest ation Will jodgoe the State banks to fore x0 their orgspizafions and as*ure an allegiance so much more profitable in its character. 1b is under such clr- cumstances that the question arises whether we prese! shall eek to make our system of taxation ciiective as to all corporations within the State, or whether we shall smooth the way fer the transition of an im- 8e amonnt Of capital from uoder the jurisdiction and contro! of State authority Tue importance of the con- sideration involved in their practical bearing upon the future can Bearcely be overeatinated. The report coutinues vbis live of argument at mach Jength, taking strong gronnd ju favor of the State banks, oniogizing thom for the promptne:s with which they responded to amd came to pho relef of the exw Baidonal treasury and their unfaltoring position the war commenced. The report shows in amount of mouey that the “tate dauks have ing that they have encou of the Secratary of the friendly Congres#ional a Diematical wheiber wtence ag State or; action of nationsl eyatom that it etands in the concentration by which the whole country is to be brought under th Waa ington, and, if net made s: views ancial Secretary, at least to become the frotbail of Congressional pol The committee further hold that the government could as well be supplied by stable and tried State banks as by institu. tions hatoped ‘nto existence by favor from the Treasury aa upon special immunities for continued exist. “The committee further hold that the State has the right to tax the nations! banks: and to bring them within the porviow of State taxation uj shi@ point they invite attention to au extract from tne bank veto of President Jackson. which, upon good anthority, te alleged to have seded froma the pen of the present Chief Justice of the jupreme Court, then acting as Attorney General, report closes in the following atyle:-— Without avauming to judge for otters in matiers of Dosiness, yoor committee would yet express unhesita- Ugly the opinion that When some of the madness of the present hour shall have been diesipated in the sober ex- Derience of coming events there will be no cause for te- gret on the part of those who trusted their interests to the wogis of State protection, Rotertaining these views your committee heg leave to report adversely to the paseage of the bill of Mr. Bran- dreth to authorize banks, bspuing assocfations, corpora- tions or fndividuate, locorporated by or under the laws Of the State of New ‘York, to become banking associations under the laws of the United Statee, ALBERT ANDRUS. ALEXANDER ULCOTT. EDWARD D. WHITE. JAMES B. MURRAY. The committee ts compougd of three republicans and one democrat. REPORTS OF COMMOTTER®. Several reports were made by the standing committecs of the Assembly; but very few are re wortby of notice, The Commities on Commeres reported eenee the bill authorizing the owners of bulkheads an Se the ide of Hobokea streot, in theelty of New York, to ; alo to regulate the use of certain wharvee and ellpe in oon, Now York, which shalt ‘be leased to tho Delaware and Raritan Raiirord Company. Aino the dill relative to tho New York Magdalen govicty. ARMY AND NAVY CAVING! RANK, ered the determined hostility ‘easary, and re him un- fon, tat!l it bas become pro- @ able to maiotaia their ex. ue oppressive Wis the crime of our tic scheme of capital of = owinant infuence An effort war made to reconsider the vote by which the > sod Navy Savings Bank Dill wag lost on its (inal in the Aseombly. Faiiing to get the vote required y the constkation to reconsider it, the bill was lost. ‘Several bilis were read the third time and passed fn (bo Assem bly, but pone of public Importance, COURT OF APPRAIA, The bill providing that the amoudment to tho constitu. tert ajnebe load ke pape net t is bo eubmitted to [vg Rng reat was read tho third timo and passed tn Ss Genete this murat . Moser tbe morzing session was taken up in debating canal claims, REGENTS OF THE UNIVERSITY. honges wore notified this morn! two ea In the pT ‘oe oS ‘THR CHARCRS oat anne ?. ad Mr, Plumb “Todee on the side 00; Parmer, and Parker’ tm pebat Mr. Tho chirges were read through, and Judes Wiiton ‘argued that testimopy should be taken, ive Parker and Mr. leo both held tne bow rests upon two Dolnts, FirebhAre tho charges sufllcient to justify aay PRICE THREE CENTS. action hg coed or ig not the answer sufficient to quash all ? Second—How and in what man- nor shill evidence be taken? The Governor reserves bis decision. The decizivn of the first question in favor of quashing diaposes of the whole question. THE CONTESTED SEAT iN TUR SENATR. Lyman Tremaine argued the contested election care of Low. against Niven betore the Senate Committee on Privil on anid Rlections tuia evening, on the side of Mr. low. Parker speaks on Monday night on the sido of Niveo, The sitting Senator, Mr. Tremaine, figured out Mr. Low’s majority at eight, ‘THE OTY TAX LEVY. The contest before the Assembly Committee on Cite on the New York city tax lovy was continued to-day, with its usmal apice, Court of Appeals. Peimane, April 1, 1864. In the Conrt of Appeals the day calendar for Siturday, April 2, 1864, 1a ag [olloWSi—NOs. 32, 83, 34, 346, 31 26, 92.93 and O4, THE ARMY OF THE POTOMAC. Operations of the RebelsArrival of De= sorters. Wasitxatoy, April 2, 1864. A letter front!» Army of the Potomac says the rebele for the past two dys have been busily engaged in dig- ging rifle pita along the south side of the Rapidan, in the vicinity of Raccoou Ford, It is also reported by déserters that they are tearing up the railroad between Fredericksyurg and Hanover Junction, Six deserters came in yosterday bringing thoir wiveo and twelve children, They travelled ny way of Madison Court House, where their families bed been living, en- countering great hard-bips on the route, Seventy-two prisoners, sentenced by contt martial to labor.on the public works for terms ranging fro@ one to ten years, were sent to Alexandria yesterday on the way to the fields of their future toils. NEWS FROM RORTH CAROLINA. Newnery, N. C., March 20, 1964. The enemy in our frontare guarding their lines with unusual care, ja order to cut offall in‘ormation from as as to their strength. A most bitter and exciting political contest is now raging in tho interior, between tbe friends of Governor Vance and W. W. Holden, the two candidates for Goy- ernor. The Raleigh Standard says the olden Hook apd Ladder Company, which paraded on the 22d of Feb- ruary, in Newbern, witn a live fox perched on their track was named after Holden, of the Ra- leigh Standard, the candidate for Governor, The Confederate and other rebel papers, who attach great sig- nificance to the appearance of the fox, are endeavoring to make political capital out of the matter to tho injury of Mr. Hoiden, who, contrary to their expectations, ap- Pears to be gaining votes out of the affair, This company was named after Captain Holden, Assistant Quarte: master of the United States Army, who is stationed at Newbern. Major Benjamin B, Foster, Assistant Adjutant General, whose gentlemanly conduct has made him a favorite in this department, is ordered to report for duty to the Ad- jutant General at Washington, D. C. His fine executive ability and jegal culture well qualify him for this !m- portant position. fhe Newbern Times has the following:—Four fine look- ing mon, members of Iilinois regiments, came iuto our lines at Washington on Monday. Thoy were captured at Chickamauga in December last, and taken to Richmond and thence to Danville, Their games are John ©. Mor- rough, Company F, Thirty-eij Miinols. Volunteers; George W. Benn, Company I, Twenty-first Minois; John. Hamilton, Company E, Fighty-ninth Iilinols; William Neideighe, Company F, Twenty-fourth Illinois. They suflered fc time at the Danville prison, where one of them was compelled to do the cooking. Hesays the robol officers would eteal about one-third of the meas drawn for the prisoners, Finally these brave men con- eluded to take Frouch leave, and after many hardships and hairbreadth escapes reached the protection of our lines. Five was the number which left, but one was re- captured by the cavalry force sent in pursuit. They Davo been provided with clothing and money, and sent to New York. Morrough is a Boston boy. The Nowbern Times of the 23d ult., Js received, but con- tains no nows. In reference to the denial by the rebel newspapers of the recent hanging at Kinston, it saye:—*We have an eyo witness who saw the hanging of twonty-two soldiers of the Second North Carolina Union Volunteers, and was within two hundred yards of the scaffold at the time of the murder,” Two steamers—the Alice and Hansa—ran out of Wil- mington, through Now Inlet, during the night of the 12th ult, They were both fully loaded with cotton, some seven hundred bales each, NEWS FROM CAIRO. Arrest of Provost Mar Williams anit Others, &e. Camo, March 31, 1964. Captain J, H, Williams, Provost Marshal of the distriet of Cairo, was arrested Inst night and taken to Memphis, to answer, before General Hurlbut, for offerces not yet made public, The brother of Williams, Lieutenant Throop and Mr. Buell, a criminal attorney, were also arrested, and confined at Columbus, charged with being connected with Williams in the offences which caused bis arrest. A despatch published in the nowspapers of the 29%» , Purporting to have been received at Washington from Captain Poumock, naval commander hore, concerning the rebel capture of Paducah, and his demanding ite sur- fender, was bogus. No such despatch was sent frow bere, ‘The steamer Platte Valley, from Memphis, brought one hundred and five baies of cotton for St. Louls, The Eighth [iinois Veverans have arrived bere, en route bome on a furlough. There is nothing later from Memphis, Quiet prevails, The following changes have been made in the district of Cairo:<John J, Rinmaker, Colonel of the One Hundred and Twenty-seoond Illinois regiment, assigned to tho command of the post of Cdiro; Captain J.M, Talmadge, ef the Fourteenth Towa, relieved from duty as Provost Mar: shal of the post of Cairo, and takes the place of Captain Williams, relieved as District Provost Marshal General; Captain Odlin, of the Second Arkansas cavalry, takes the place of Captain ialmadge, as Provost Marshal of the post; Captain Jos, Hagg, of the Thirty-fourth New Jersey, (ie assigned duty as Provost Marshal of Mound City, In place of Lieuteuant»Outler, One Hundred and Twenty. second Illinois, relieved, The naval station, boadquarters aod district sta officers remain as Cairo as heretofore, ‘ements of Generals, GENERAL 4 TO COMMAND THR ARMY OF THB OUiO—JOR JOWNSTON REINFORCING LBB, BTO. Cisommart, Apeil 3, 1864. Adespateh from Chattanooga saye:—Genorals Buell, Negley, MoCvok, Crittenden, Nowton and Sykes and ten brigadiers have been ordered to report to Geaeral Sher- man for duty in bis division, General Buel! wil! most likely succeed General Schobeld 1a the command of the Department of the Ohio. Deserters report that General Joe Jobnaten is rein. forcing the army of General Lee. Loss of the British Bark Falmouth. Permapeceima, April 1, 1864. The ship Empire Quoen, from Liverpool, bas arrived herd, She makes the following report:—"'On March 21, foil in with the British bark Falmouth, from New York for Aspinwall, In ® sinking condition, Lay by her anti} the gale abated, and took off Captain Tucker, her officers and crew, (ifteon in all eft one man dead at the pumps. Shortly afterwards saw her go down, hegd foremost.” Tho Felmouth was formerly the United States ship Fal- mouth, for many years storeship at Aspinwall, which was receatiy sold at auction. Arrival of the Britannia at Portland, Porri.anp, MO, April 1, 1964 ‘The steamship Pritannia, Tessier, from Glacgow ov tro ‘19%b of March, arrived here this New Bedford Ol Market. New Bepronp, April 1, 1964. The oi! market bas been active, and closes rate demand for sperm and whalo, In sperm eked and Boston, all for on for ene Im whale oll $157 0 $ landed, and §1 60 ‘vem shed. im Boston amount to 1,727 bbia., all for copt 26 Dbie., at $1 10 per galion.