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4 i NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR OFFICE N. W. CORNER OF FULTON AND NASSAU STS. No. 62 Volume XXX.... = New York, Saturday, March 4, 1865. = x THE SITUATION. A heavy Union force, principally cavairy, is reported by the papers of the rebel capital as moving up the Shenandoah valley, towards Staunton, on last Tuesday. We are still without direct intelligence from General Sherman; ana the Richmond press appears to be also ignorant of his whereabouts. At least they [assume to be, the only itom of intelligence regarding his move- ments which they vouchsafe us, and which is proba- bly begotten of their desires, being that he is “stuck in the mud im one of the Southern States.” ‘They estimate the men of Sherman's immediate command, cavalry, infantry and artillery, at thirty-five thousand; Gilmore's Charleston column at ten thousand, and Scho- fleld’s at fifteen thousand, making the entire force sub- Ject to Sherman's direction, now operating in the Caro- linas, sixty thousand men. | The anticipations entertained ‘at Charlotte of General Sherman taking that town in his lune of march are said to have passed away, caus- ing a subsidence of the excitement there. We have nothing further regarding his reported junction with Schofiold in the vicinity of Goldsboro, N. ©. The Rich- mond papers say the rebel cavairy leader Wade Hampton is now in possession of Columbia, 8 C., and that the burned district of that city extends in one direction three-quarters of a mile, but that no public property was destroyed. Rebel deserters, who arrived at Newbern, N. C., on the 25th of February, reported that the rebels were thon busily engaged in tortifying Kinston and Goldsboro, in accordance with the orders of General Lee, who had said that the latter place must be held at all hazards. Tho deserters from Lee’s army in front of Richmond state that when he went southward on his recent visit he took with him two divisions of Anderson’s corps to rein- force the army confronting Sherman; that the heavy rebel siege guns are being sent from Petersburg to Greensboro, North Carolina, and that the citizens of both Af- fairs still remain quiet in that vicinity. The Richmond papers say that Grant's forces are still massed on his left, in the vicinity of Hatcher's run, and they are now expecting him to attempt an extensive flank movement around Lee’s right. A prominent feature in the latest Richmond journals is their denunciation of Governor Brown and his recent message to the Georgia Legislature. He {s charged with discouraging the people, encouraging desertions from the army, and is strongly suspected of being a traitor to the rebel cause. The rebel House of Representatives has concocted and passed another bill to place three hundred thousand negroes in their armies. This bill, which is intended to surmount the objections of the Senators to the measure, differs in a material point from the former one, in the fact that it does not guarantee freedom to the enlisted slaves, but leaves the quostion of their emancipation to be settled by their masters and the authorities of the States from which they aro furnished. It is expected that the Senate will be satisfied with this bill, and pass it also. Jeff. Davis has already been authorized by the Legislature of Vir- ginia to call on that State for its quota of negro soldiers. The Virginia House of Delegates on the 28th ult. adopted a resolution to submit to the people on the 23d of this month the question whether a State convention shall be called. The rebel newspaper accounts of the condition of affairs in North Mississippi and Northern Georgia is any- thing but cheering for the cause of Jeff. Davis. The country is represented as swarming with rebel desert- ers and “tories,” who are formed into predatory bands, roaming around robbing, murdering and keeping up @ reign of terror. It is said that General Forrest is loft alone to take care of that region, all Hood’s army having been sent elsewhere. Yankee troops are reported to be still passing down the Mississippi river to New Orleans, and rebel opinion is divided as to whether they are intended to operate against Mobile or Galveston. Pho Columbus (Ga.) Enquirer has information which Yeads it to believe that aconsiderable Yankee force is moving into Alabama from West Florida, to co-operate with General Thomas in an advance from the north. General Price is said to be in command of the rebel forces near Shreveport, Louisiana, Our ‘corrrspondent in Nassau, N. P., writing on the 16th of February, furnishes a very interesting account of tho last days and expiring agony of the vast Anglo-rebel blockade running trade built up in the Bahamas since the commencement of the rebellion. The steamers Fox (since captured) and Druid returned to Nassau from Charleston on the 6th and 9th ultimo, and these were the last arrivals in the colony from the confederacy. When the fall of Fort Basher was announced quite a floet of bloskade runners started from Nassau for Charleston; but they soon returned, one by one, from profitiess voyages. General Preston left Nassau for Charleston, but after a few days he was again at his quarters in the Royal Hotel. The ship Nereid, laden with cotton for Liverpool, went aground on the Nassau bar, {and was likely to prove a wreck. The colonial authorities Tefused permission to the captain of the United States gunboat Honduras to anchor in port during a heavy swell al bom EUROPEAN NEWS. ‘The steamship Canada, from Queenstown February 19, reached Halifax yesterday on her voyage to Boston, Hor news is two days later. England had not fully recovered from the political agitation produced by the report of the peace negotia- tions in America, and the subject of an early peace or a ‘vigorous prosecution of the war formed a leading topic for discussion in the London journals, The majority of tho writers incline to the belief that the war must go on; ‘but others doubted that the peace conference was yet at an end. Queen Victoria has appointed a consi! for Savannah. Mr. Layard, on the part of the government, paid a high compliment to Lord Lyons in the House of Com- mona, His zeal, tact, discretion and ability were noticed. His despatches filled sixty folio volumes, and government would net yot press to know if he would return to Amer- foa, his health being very delicate. ‘Tho gradual neutralization of the Canadian Reciprocity 4ronty was noticed in Parliament. Richmond and Petersburg are preparing to leave. Napoleon’s silence on American affairs in his late | speedh to the Legislature attracted much attention in It is eald that M, Drouyn d’Lhuys, in a French Cabinet council, opposed the acceptance of any territory coded by Mexico, on account of the possibility ot # war with the ‘United States, and that the Emperor agreed with him. ‘The Peruvian indemnity to Spain will be paid by con. | signments of guano, The English and the Austrian armies are to be reduced. Ttaly was very uneasy under a new political agitation. ‘The Turkish and Persian governments have had a dif- Goulty over a commere al treaty. Additional advices from South America state that the Brazilians captured the city of Paysandu only after a @anguinary battle of fifty hours’ duration. Great mor- tality existed in the place. The Brazilian troops were marching on Montevideo. The Banda Oriental executive ‘was about to solicit French mediation through special commiasion to Paris. ‘The Liverpool cotton market was dull, with prices NEW YORK PT “Fas HERALD, SATURDAY, MARCH 4, 166), weak, an little Inquiry, on the 18th of February. Bread: | hose in Hester street, from the effects of which the | Our Jubilee of Vietory—The Celebration stuffs wore quiet. The provisions market was quiet. latter died at the New York Hospital on Tuesday last, a6 Consols closed in London at 893 a 89% for moncy, on | noticed in Wednesday's Heraup, Smith acknowledges the 18th of February. The Stock Exchango was stil | stabbing Lawrence, but alleges that he was compelled to feverish and oxcited on the subject of the peace nego- | do it in self defence. ‘The case has not yot beon fully in- tiations in America The funds had only partially re- vestigated. covered. United States five-twenties had gone up from | The annual commencement of the New York Univer- fifty to fifty-four and one-half; but were subsequ:ntly | sity Medical College took place last evening in the chapel | one of the grandest and most unique spectacles quoted at fifty-one and one-half and fifty-one and three- fourths, CONGRESS. of the institution. Sixty-two graduates received their diplomas, and numerous certificates of honor, medals and prizes were awarded. The address to the graduates Both houses were vigorously at work all last night | was deliver-d by Professor J. W. Draper. finishing up the business of the session, All the import- A very destructive fire occured at Louisville on tho To-day. From all the arrangements made, and the patriotic prevailing in the city, there is no doubt but that the celebration of our great military and naval victories to-day will be ever witnessed in New York. The people of the metropolis will turn out by hundreds of thou- sands to behold the demonstration. People from the country and all the adjoining cities will flock aut revenue bills probably passed before theadjournment, | morning of the 27th ult., destroying property valued at | in to see it. Every interest in the city and its We have no space fora summary of the proceedings, one hundred thousand and suffocating two young but refer to detailed reports in another part of the paper | men sleoping in the upper Stories of the buildings for particulars, THE LEGISLATURE. Tn the State Senate yesterday bills were incorporate the Metropolitan Railroad Company ; ing the act for the prevention of fires in New York; the Brooklyn sewerage and drainage act; increasing the in- terest of the Croton Water bonds; and to incorporate the German-American Colonization Society. A communica- tion was received from the New York Street Commis- sioner relative to the width were noticed to regulate steamboat landings on the East and North rivers and for the removal of obstructions on the wharves and docks, New York; also to incorporate the Students’ Aid Association of the New York Free Academy, A bill was introduced to provide for two additional surrogates in New York. The Metropolitan Paid Fire Department bill, without amendment, was passed by a vote of 21 against 6. The bills amending the charter of the Republic Fire Insurance. Company, and incorporsting the New York Conservatory of Music, were also passed, The bill au- thorizing the Delaware and Lackawanna Railroad Com- pany to acquire real estate in New York, for business purposes, was then taken up, and, after debate rojected. Adjourned until half-past seven o'clock on Monday evening. In the Assembly bills were reported to incorporate the New York Pier and Warehouse Company; to moorporate the German Savings Bank of New York; to incorporate the Viliage Gashight Company of Kings and Queens counties; also relative to taxes and assessments in this city. Bills were noticed to improve the avenues and streets in New York ; to incorporate the German Workingmen’s Protective Union of New York, and for a civil, penal and political code for the State, The bill to amend the charter of the German Savings Bank of this city, was passed. Bills were intro. duced for the construction of the New York and Spuyten Duyvil Railroad; to establish an asylum for the chronic insane; to incorporate the Manhattan Land Improvement Company ; to incorporate the Metropolitan Market Com- pany; regulating brokerage commissions, and to repeal article 1, title 19, of the Revised Statutes; to amend the act, relative to closing up insolvent and dissolved insu- rance companies, and to increase the duty on salt. Ad- Journed untii half-past seven o’clock on Monday evening. MISCELLANEOUS NEWS. All New York and the surrounding cities will be astir at an early hour this morning to participate in or to wit- ness the grand demonstration in recognition of our re- cent great national triumphs. The various features which the entire celebration will comprise will be almost innumerable. Early morning will no doubt open in this vicinity on cities and towns shrouded in the gay national colors—a mass of waving flags over walls and water, reaching from Staten Island to Harlem river, and across from Bedford to the Weehawken hills. Trinity chimes will begin the day’s proceedings with their music, and soon after the guthering of the forces for the procession will commence.. Our programme published in another place will give some idea of the immense array which these will form. The afternoon meeting in Union square, should the weather prove favorable, will doubtless be the largest gathering evor assembled in New York, and at night the city will be brilliant with the displays of fireworks and illuminations of buildings. Not only in ‘this city and vicinity wi the day be observod as one of rejoicing and a holi | tieo, it is expected, through- out a great portion of the country. Abraham Lincoln will be inaugurated President of the United States for his second term at the Capitol in Wash- ington to-day, Mr. Blunt, Chairman of the Supervisors’ Volunteering Committee, yesterday received from Assistant Provost Marshal General Hinks a reply to the committee’s com- munication on the subject of recruiting, published in burned. The property was fully insured. ‘Tho stock market was steady but dull yesterday. Gov- dull, and closed at 199, Business yesterday continued as dull as ever, if not more so, The uncertainty regarding the future price of gold, the rates of tax and tariff, &¢., combined to restrict transactions within the narrowest limits. Kinds of domestic produce were dull and entirely nomi- nal, while nearly everything was a shade lower. Cotton was§ 1c. lower. Petroleum was dull and nominal. On ‘Change the flour market ruled quiet, while wheat was steady. Corn was dull, but prices were without decided change. Onts were scarcely so firm, Pork was lower, with 9 limited demand. Beof ruled steady, while lard was a shade easior with less doing. Freights were dul! ‘and rates nominal, ‘Whiskey was firmer and more active. President Lincoln’s Second Term—His Cabinet and His Policy. The second term of Abraham Lincoln as President of the United States, commences to- day. He is our first President who has had a second inauguration since that of General Jack- son, in 1833—thirty-two years ago. From Jackson to Lincoln we have had a lot of one term Presidents; and, excepting General Harri- son and General Taylor—both prematurely cut off—they have been of the order of temporizing and trading politicians. Through all the baich. we look in vain for the marks of-a statesman We find them, without exceptions, the mere creatures of juggling conventions and cor- rupting bargains, going on from bad to worse, from Van Buren down to Buchanan. Nor were the arts by which these men were advanced to power more demoralizing than their base de- vices to retain it~ The consequences are before us in the armed legions of this terrible civil war. Abraham Lincoln himself, in 1860, like Polk, Pierce and Buchanan, was adopted only as a one term compromise by the various cliques of his party wrangling and scheming for the nomi- nation. In this view his very obscurity and apparently unambitious mediocrity made him preferable to more prominent men «mong the quarrelling politicians concerned. The repub- lican wirepullers, like the democrats, since the reign of Jackson, were looking for a convenient instrument, when they picked up their master in that good-natured, uncouth, ungainly and unpretending Illinois railsplitter, Abraham Lincoln. It is said that the College of Cardi- nals at Rome, in their elections of the Pope, on several occasions, in resorting to the same ex- pedient, have been cheated in the same way.. We are sure that Honest Old Abe was nomi- nated at Chicago without the remotest idea of his becoming a candidate for a re-election, but: with a deliberate calculation from Seward men, Chase men and others that he was the very man to be moulded to their purposes for the succession. Nor were the events of the first three years of Mr. Lincoln in the White House such as to yesterday morning’s Heratp. General Hinks gives Mr. Blunt and his colleagues credit for their exertions to fil our quota, but says that the citizens generally mani- fest little interest in the matter, and make no efforts, by active co-operation, to avert the draft, which he says will soon have to be commenced unless the public take hold of the affair with more spirit than is at pre- sent exhibited. However, to give an opportunity for a revival ef this character in the volunteering business, he states that the drawing will be postponed for at least ten days more. One of our New Orleans correspondents confirms our previous reports, received by way of Havana, that Maxi- milian’s efficials at Matamoros have ordered away Mr. Campbell, United States Consul at that port, because he was accredited to the Juarez government, and that clear- ances for American merchant vessels are now refused. The Spaniards in Cuba, as we are informed by our Ha- vana correspondent, are regaling thomselves over avery doubtful rumor that the Dominicans in the province of Cibas have revolted against their government, made prisoners of its officers and raised the Spanish flag. This wild story has probably been manu- factured out of the fact that the members of the government, of which Polanco was the head, resigned, for some unexplained cause, on the 234 of January, and that another government was immedi- ately chosen. This much was published in our St. Do- mingo advices, dated to February 2, in yesterday's Henatp. But, instead of this new government having any design of submitting to the Spaniards, it is repre- sented to be as determined as its predecessor to maintain the independence of the republic, At the date of latest advices the island had not yet been evacuated by all the Spanish troops. P United States Commissioner White yesterday reviewed the evidence and rendered his decision in the case of Gustav Ferdinand Voightman, alias Frederick Voight- man, alias Hille, charged with forgeries on the Berlin and Hamburg Railroad Company, and claimed as a fugitive from justice by the Prussian government. Gustav Fer- dinand Voightman is the person charged with the crime, and the prisoner's defence was mistaken identity, he claiming to be Fred- erick Voightman, the alleged criminal’s brother. The Commissioner, however, decided otherwise, maintaining that it was the real fugitive who was before him, and ordered his surrender, under the Extradition treaty. It is expected that Voightman will be taken off in the Bre- men steamer to-day. Immediately after Commissioner White had rendered his decision for extradition proceed. ings were commenced in the Supreme Court to recover from the estate of the accused in this country the sum of thirty thousand dollars, the amount of his alleged frauds on the German railway company. Decrees of distribution were yesterday awarded in the United States District Court in this city in the cases of the prize steamer Vixen and cargo, valued at over fifty. five thousand dollars, and the prize schooner Mary and cargo, the net proceeds of which amount to about twen- ty-seven thonsand dollars. The Vixen and Mary wero both captured while attempting to run the blockade off Wilmington, N. C., the former by the United States steamer Rhode Island, on the 1st of December last, and the latter by the steamer Mackinaw, on the 3d of Do- cember. ‘The final hearing of the claim of Warren L. Boughton for the custody of his son, now in charge of his wife, took place yesterday before Judge Barnard, of the Su- preme Court, at chambers, The Judge took the papers and reserved his decision. The summing up of the testimony in the E. P. Christy will case was commenced yesterday, before Surrogate Weber. The Surrogate’s office and the office of the clerk to the Surrogate’s court are required by statute to be kept open every day, except Sundays and legal holidays | designated by act of the Legislature, and will therefore | be open to day for the transaction of business as usual. | The case of ‘the alleged will of Alexander E, Aeby, de- ceased, was submitted for decision to the Surrogate, yes- terday. _ Yesterday, in the Court of Genoral Sessions, Recorder Hoffman sentenced Frank Ferris, who was convicted of the murder of his wife, to be executed on the 14th of April next. His counsel will apply to the Supreme Court for & stay of proceedings, and ft is probable that the sentence will not be carried into effect till late in the summer. suggest the probability of his renomination. The magnates of his party laughed at the pro- position when first thrown out by the Herarp. It was as amusing as one of Old Abe’s jokes. But with the approach of the Baltimore Con- vention the radical dignitaries of the party began to discover their mistake. They were outwitted and outgeneralled completely. They ‘became mutinous; they threatened secession; they tried it in a feeble experiment or two, but they were subdued—from Chase and Fremont, Wade and Winter Davis, down to Bryant and Greeley. We need not repeat the story. Old Abe was renominated and re-elected, and he enters upon his secend term of office to-day. What line of policy will he now pursue? What changes will he make inhis Cabinet? To the first question we shall probably have o satisfactory answer in his inaugural address to- day—and perhaps not. To the second inquiry no very elaborate answer is needed. Except- ing the appointment of Mr. McCulloch to the Treasury, and a change in the Inte- rior Department, we expect no Cabinet changes; and under Old Abe’s system of discipline no further changes are necessary. He is the mas- ter, and the members of his Cabinet are his chief clerks. He consults them, he hears them, and then tells them what to do. He indulges Mr. Seward in his diplomatic correspondence by the volume, but his theories and arguments touching our foreign policy and domestic rela- tions stand merely as the opinions of Mr. Sew- ard. Old Abe is not bound by them. It is hardly possible that he has ever read or heard a tenth part of the voluminous writings of his inexhaustible Premier. In short, it matters lit~ tle whether Mr. Lincoln’s chief advisers are Tom, Dick and Harry of Sam, Bob and Peter, 86 long as they are subject to his opinions as their supreme law. He has told us that his course has been shaped by the logic of events, and we presume that this will continue to be his policy. Meantime Greeley and the other anti-Seward radicals may pointas much as they like to the broad hints of the Baltimore platform in reference to the Secretary of State; it is all moonshine to Old Abe. He is a most remarkable man. He may seer to be the most credulous, docile and pliable of backwoodsmen, and yet when he “puts his foot down he puts it down firmly,” and cannot be budged. He has proved himself, in his quiet way, the keenest of politicians, and more than a match for his wiliest antagonists in the arts of diplomacy. He upsets, without an effort, the most formidable obstacles of caucuses and congresses, and seems to enjoy as a huge joke the astonishment of his friends and ene- mies. Plain common sense, a kindly dispost- tion, a straightforward purpose, and a shrewd perception of the ins and outs of poor weak human nature, have enabled him to master difficulties which would have swamped almost any other man. Thus to-day, with the most cheering prospects before him, this extra- ordinary railsplitter enters upon his second term the unquestioned master of the situation in reference to American affairs, at home and abroad. Let us hope that in his general policy through the four years to come all the budget of blun- surroundings will be represented. The military will make 8 magnificent display. The navy representatives from the Navy Yard—sailors reported to | eTRMents were firmer. Gold was inactive, and closed and marines, with a full rigged ship and g. | 1own town at 199, At the evening board it was very | a monitor—will swell the throng. All the trades’ associations and other civic societies will lend their aid, with symbols and banners and allegorical illustrations of their several avocations, Europe,’ Asia and Africa will be of Liberty stroot, Bills | Foreign goods wore quiet and almost nominal. Many | impressed into the service; for we are to have elephants, and giraffes, and walruses and other strange animals in the line of march. The operatic and theatrical managers, who favor the public with their Saturday matinées, will hurry up. their business by an early com- mencement so that their audiences may be out in time to see the procession and hear the speeches fn Union square, By the way, we might euggest to the country folks that the Aca- demy of Music and the Hippotheatron, oppo- site, would make convenient resting places until the procession is organized. They could delight their ears with Flotow’s sweet strains in Martha, and their eyes with the fairy illusions of Mother Goose, while they are waiting for the grand sights and sounds preparing out of doors. .. The weather, which was threatening yester- day, gives promise of bright skies to smile upon the patriotic exhibition of the nation’s rejoicing over events which are to close up the rebellion and restore prosperity, union and peace. The authorities have taken mea- sures to have the streets on the line of the pro- cession thoroughly cleaned, so that we shall have good, dry roads for marching, such as, if Grant had them now in Virginia, would insure a speedy forward movement to the tune of “On to Richmond.” The public institutions have arranged for a national holiday. The Custom House officials have got up some splendid in- terior decorations for the occasion, The ateres generally will be closed in the afternoon, and all New York, which is not in the windows, will be on the sidewalks. The “Streets of New York” have rarely presented so fine a speetacle as they will to-day; and the news of the celebra- tion will gladden the hearts of our gallant sol- diers and sailors, to whose valor the metropolis of the Union has done so muoh honor.. Is Recruiting Successful in New Yorkl—A Draft Threatened. The communication published yesterday of Assistant Adjutant General H. F. Bronson, who is assistant to the acting assistant. provost marshal general, to the Chairman of the County Volunteering Committee, complaining that the eity was not volunteering men fast enough,.and stating that “anless recruiting increases, and men are put into the service more rapidly, the draft will be commenced,” creates some: sur- prise among those who have watched tlie action of the Supervisors’ committee ever since the legalization by the Legislature of the county loan, and thus placing fands in the hands of the Supervisors to pay the new rates of State bounty. The impression was universal that the committee had never since its organization :re- ceived and paid bounty to volunteers so. rap- idly as since the date referred to—the 13th. of February—and that its success was certain:to insure us against all possibility of a draft. Mr. Blunt, in his reply, fully confirms the prevalent opinion, and shows by the records that since the above date, to the 28th of Feb- ruary, one thousand four hundred and fifty- nine men were recruited—mostly threa years men—equal to three thousand six hundred and forty-seven one year men. This is an average of one hundred and four per day, with- ont.connting substitutes taken at other offices. The Highest average Mr. Blunt shows the. com- mittee. to have made in. its previous sucsess- ful operations in filling our various quotas was eighty-five per diem. The next successful. effort the average was fifty per day. We, therefore, can see no good reasem for complaining of the actiom of the committee, for it exceeds all its former efforts, under the disadvantage, too, of going over: grounds that have been thoroughly gleaned no -leas) than four several times; and we must suppose that Assistant Adjutant:General Brownson would not have thrown out this doubt about the action of the committee had he pos- sessed at the time of writing his nete all the facts of the case, instead of the results of eight days’ operations to which he refers. We doubt very much whether a, draft would farnish men for the army from this city more rapidly than they have been supplied by ro- cruiting since the 13th of February. We leave out of the question altogether the excitement a draft would be likely to create in this city, and refer simply te its probable suceess so far as furnishing men. In the draft commencing in July, 1863, there were examined and held two thousand men in ninety days, which is an average of little over twenty-two per day. Had there been in this case no action of the Volunteer Relief and Exemption Committee, it is doubtful if one-fourth of these would ever have reached the front. This shows how slow- ly the ranks of our armies are filled by draft- ing. Turning the wheel or drawing the names is a very simple as well as rapid process. But here the real trouble and delay commence. For every two thousand thus drawn, not more, prob- ably, than two hundred to three hundred will be found to have passed the test of the surgeon’s examination. Of these a large percentage will contrive to get off, for unwilling soldiers are not the most loyal. Hence this process must be repeated and re-repeated time and again be- fore the number requisite can be obtained. Delays are thus inevitable, and the result of the process must be to supply men much slower than by recruiting, especially when re- cruiting is so successfully carried on as by our Supervisors’ committee, There is one thing very certain~if a con- scription is really to be enforced, it stands every one in hand, liable to be drafted, to sup: ply himself forthwith with a substitute by de- positing the necessary amount with Supervisor Blunt, who will fill all orders of this descrip- ders of the four years that are past will be com- pletely effaced and forgotten, or that they will A Swede named William Smith was on Thursday night arrested on the charge of being the person who on Inst Saturday night inflicted the stabs on Daniel Lawrence, in only serve to brighten the crowning glories of @ successful administration. tion without delay. For every one thousand dollars deposited for a substitute the State returns to the depositor six hundred dollars, the substitute costing in fact but four hundred © dollars. Let this substitute business progress as it should, and recruiting go on as hereto- fore—and it most likely will increase—we ought to be allowed to fill up our quota with out resorting to an unpopular conscription. Let us give the government one regiment per week. Tus Tamry-nigaTa Concress.—The memora- ble Thirty-eighth Congress has closed its labors and will adjourn to-day. Its system of legis- lative acts in connection with the rebellion com- prehend all the elements of a great political revolution, and form the groundwork of a task of reconstruction—including our political, finan- cial, domestic and foreign affairs—which may not be settled for half century to come. In their confiscation, emancipation and recon- struction schemes and fingncial experiments the radical leaders of the two houses have com- mitted some mischievous and expensive here- sies during the last two years; but with all their follies and fanaticism they contrived to bring about at last a vigorous and suecessful prosecution of the war, which was the main business in hand. The most essential measures before the late session have been carried through, excepting the Bankrupt bill, which will go over to the new Congress in December next, unless in the interval we shall have an extra session, which is not improbable. Con- sidering the time wasted, the opportunities lost, and the. costs and losses incurred from the fanatical legislation of this Thirty-cighth Congress, we are glad that it has come to aa end, although its last days were better than the first. It was our “Long Parliament.” It has finished its course, and we are glad of it, what- ever may be in store for us with the Congress which is next to come. OUR QUOTA. Important Letter from General Hinks. GOOD ADVICE TO THE PEOPLE—THE DRAWING TO BE POSTPONED FOR TEN, DAYS, UNDER QERTAIN CON- TINGENCIES. The following letter was to-day sent to Mr. Blunt, Chairman of the County Volunteer Committee, by Gene- ral Hinks, in answer to the communication written by the former, which appeared in our yesterday's issue;-— Orrice A. A. Provost MARSHAL | Anp Supeaintespent Vou. Recurring Szrvice, Sournery Division or New Yor«, New ¥oux, March 3, 1865. ) Orwon Bunt, Esq., Chairman, &c. :-— Dear Sir—I have the honor to acknowledge the re: ceipt of your communication of the 2d instant, in reply toa note of in Bronson, A. A. G., written by my direction, in relation to the prozress of recruiting in this county, and have perused with interest the claborate array of statistics which it beeyrgi byreatee the com- pantie progress of reoruiting im the city and county of ew York, under the present and previous calls for troops; but its examination has not changed or modified my convictions that “the: present rate of recruiting will not oe quotas of the: city districts within the time required. “te will be borne in mind'that.very great deficiencies, as compared with other ‘districts in this division, exist in all the city districts; and that thase deficicncies exist en- tirely for the reason thet New York has boen less actively or less successfully en; din aetual recru:ting than the suburban districts. ¢ draft. has already commenced in all distriets surrounding.the city, and to further post- pone its operations here, unless there is a prospect of the quotas being immediately filled by voluntary enlistments, would be an obvious injustice to these districts in which the application of the provisionse¢ the law is now being 2, Furthormore, it will be remembered that the previous quotas of the city distrieta have been filled, to a very groat extent, with credits resulting from enlistments in the navy not made since the assignment of quotas under the Enrolment law, and not contained in your exhibit of the progress of recruiting under those calla, Hence the comparison made in your communication has no appli- cation to the results in filling’ the quotas, which now must be done by actual enl:stments. It was ho; that the postponement of the draft in this city would produce, on the pazt of its citizens, some effort commensurate with the amount of labor to be done to secure the filling of.the quotas by volunteer onlist- men(a, thereby speedily re-enfurcing our active victori- ous armies with some sixteen thousand volunteers, and thus removing the necessity for a recours® to the opera- tions of a draft on the part of. the government. To secure this result every, means of co-operation and assistance consistent with intereste of the service has, whenever ner my been willingly eeoree the Pro- vost Marshal General, and by the office; but r trial it seems that these hopes are not well grounded, for while yourself and a few persons have: labored faithfully and efiiciently to produce the des.red. result, the expectation of a general interest be ged Pome and an active effort being made on the part.of the whale community has not been realized, and instead of any indication ing appa- rent that the quotas will be lly filled, there is prosented the conclusive evidence of your own figures that at the present rate of recruiting the quota will not be filled until the 1st of August next. I know of no means by, which the number of men raised can be increased, eee ino. pepsi, who have the greatest interest at issue, il by ir efforts give re- cruiting such an impetus asthoy only can create, Ey consideration of patriotism .and.inserest appeals to them to put their handsto the work. The Doneficent and liberal provisions of the State law by which every person who secures a substitute before the draft will receive six hundred, four. hundred or three hun-- dred dollars bounty, for, these, two or one year's service of such substitute, respectively, while a drafted man can receive but.two hundred and fifty dol- Jars either for himself or his substitute, ought of itself to make every able-bodied person who is Hable to dratt an. active recruitiny emt, while the large bounty paid by the State, in addition to the government bovnty, ought to induce all those who are not linble to the dratt to enter or. re-enter the service and assist in the grand concluding campaigns of the war. In reply, however, to your. concluding remakg, I would suggest that means ‘be adopted to give the sibls publicity to the necessity of immediately raisi men more rapidly, and to the liberal provisions. of the State and government. made for volunteers and. substitutes, and that the le of the heat be appealed to through. the public press, and, if practicable, through pul meetings, to devote one week to their country and thein own personal interests in labor to secure ihe filling of. the quotas of their distrcts, and thereby relieve themselves from the evils of a dratt. To this ena every facility will be extended from this.de- partment. Mustering officers and surgeons a: vided in abundance; and that a fair test may be ws think | nay promise that no draft shall take place during bs next ten days. rast a am, sir, very fr our obedient serv: i EDW. W. KS, Brigadier Genaral, A. A. Provost Murshal General, Superintendent. Volun- teer. Recruiting Sexvice, Volunteering. The rooms of the Supervisors’ Volunteering Committee were crowded yesterday, and large numbers were ac- ceptad and received the bounty ; 80 large as to be satisfac- tory, we should suppose, to Aasistant Adjutant General Branson, who je. trying to hurry up the committee. Now isthe time also, for being furnished with substitutes, the cammittee finding the men on a d it being wade. For & $1,000 substunte is returned to the depositor by the State. Don’t . Hurry up. Trautay Orgra.—As Verdi's grand work, Le Forra del estino, is repeated, it is‘more appreciated, The constant flow of melody throughout the opera charms as it bo- comes familiar, Tho tragedy involved in the story is #0 brilliantly relieved by the lighter scenes which occur in every act. that the work loses all the heaviness which the libretio reight suggest. Last night it was received with more pleasure and applause than on any previous occa- sion, and, we may add, with more evident comprehen~ sion of the beauties of the music amd no little enthusi. asm for the efforts of the artists. The house was very large, fashionable and clogantly attired. The custom of introducing exquisite toilette: intothe Academy appears to be more exacting every night. We doubt whether at any previous time was produced a more brilliant display of jewels, costly fabrics and refined taste in costume than can be seen in the Academy at the present season. La Forza will be given again on Monday evening, and Faust on Tuesday, To-day Martha will bo produced at a matinée at one o'clock precisely, and rill terminate be- fore threo, in time for the audience to witness the grand national festivities. ‘Wovren Ganvex.—The third of the series of grand ‘matinées of Booth’s Hamlet, which have attracted such brilliant crowds to this establishment, will take place this morning. The performance will commence at ono o'clock precisely, 80 a8 to conclude in time to enable all Attending ft to witness the celebration spectacle of the day. ‘Tux Hirrorneatnon.—There will be a grand jubilee matinge here to-day, commencing precisely at one o'clock, in place of the usnal hour, and terminating in goason for all the visitors to witness the inaugural fos. tivities in the immediate adjacent vicinity of Union square, The great pantomime of Mother Goose, and the varied gymnastic and equestrian performances, will be given on the occasion. The building will be brilliantly Muminated in the evening. On Monday the Chinese festival of The Feast of Lanterns will be oregonted for the frat time, | fusing to furnish or sell to such pos-. |) ing. 7 THE STATE CAPITAL, The Paid Fire Department Bill Bassed by the Semate—The City Ratlroaa Ques tiom—Anether Hearing on the Broad- way Bill for the Harlem Grantees—Ex- Plosion of the City Hailroad Schemes of the Politicians—Railroad Grants Value- less at Five Cents Fare—The Coal Monepoly Rebuked—Spicy Debate on the New York Milliomairesand their Schemes of Extortton—How the Price of Coalis Kept up and Fifty Per Cent Dividends Made, dc. OUR ALBANY CORRESPONDENCE. auuany, March 3, 1865, PASSAGE OF THR FIRE DEPARTMENT BILL I THE SENATE ‘The Paid Fire Departuvent bill was called up in the Senate this moraing-aau! passed omits thimt' reading by @ strict party vote. Senators Fields and Cozans madt a perstetent oppe- sition to every section By amendmedts and various’ mo- tions, calling’ the yeas and) nays until'its final’ passage. ‘There was no’ debate: * The recent speech of Senator Andiews in wgard’ te city railroads has excited gseat atiention, and will have the most important bearing on the legislation’ forthas interest. Albany way crowded with New Yorkers; an@ ‘the lobbies filed’ om: the oosasion of the delivery of these remarks: The consequemce is observed in a com- plete change of the views of many on thie subject, The Parties most affected appear'to te the numerous solicitére” who have been in’attendance here, hoping’to turn thetr political influence'into prefitable railroad grants. I have observed that the’ buik cf’ these philosophors have gone’ home with their bills in their pockets or abaxtioned them» without further soticitude % the uption of committees, EXPLOSION OF THE. CITY RAILROAD. PHIL O80PHERS' DREAMS. The chief reason why the politicians. have abandoned* their dreams’ of gififron ‘placers “is the fare: quéstion. The railroad men having concluded to run thie-existing Toads at five cents, shuts off every prospect of" profit te speculators. Itisa matter of fact that the Third Ave- nue Railroad is: now" actually raving at ® lose, ‘and ne other oity railroad approaches this in its prospect‘of pro- fit, But the railroad companies prefer the chances of a return to cheaper feed, labor and’ materials than open | the door for speculative grants, practically abrogating the existing grants. The Tow rate of fare shuts off all but practical railroad operators and thetr associated capital- ists from the field. This conclusion’ sets aside the most active element of lobby corrupti»n among the politicians here; and, as the most important pamt of all, {t secures ina permanent manner the lowest rates of fare to people by this universal mode of trav ot. 2 THE BROSDWAY AND OTURR CMY RAT ROADS. | ‘The-Sonato Railroad Comm ‘tte were-prepared to-day to report the Broadway Railrond bill ‘and its compliment branches in the Crosstown Railroad bilk At the request of Senators Schaffer and Dutcher the report was not made to-day, with the view to a hearing upon'it on the part ‘of the meg Railroad Company, to be~ had on Tuesday next Tt: appoars that all other contestantsin opposition ‘8 the Mes f Railroad have withdrawns. It is dou ifsuch &, }, With five cents fare, is really as good as the ‘Third Avena» road. The passeng:rs may bebetter di but they only pay the same rats. They cannot well % more numerous, and they certainly camnot be so well packed ima car.’ The vast idea of valno“is reduced ma- terially in this view. ‘The question this year, therefore, brings itsetf down to the expediency of'choosing between ' the consolidated Harlom and Hudson River steam rail- roads, and the existing Broadway or Seventh Avenue horse car read, as applicants forthe grawt. Even this aspect-of the question is modified ition te raise the: rates of farce on the Hudson River road, which the’ friends of the city railroads are sought to be oe The proposition for a Broadway- railroad is not backed s:riously this yeas, and will be sold ont for the removal of the restriction'om the steam roads in regard to care. THE COAL MONCPOUY—#PICY ‘DEPATE. On motion-of Senator Laimbeer, the bill granting to the Delaware and Lackawanna Railroad Compemy a right to purchase certain real estate in NewYork, was called from the.table. A very spicy debate then took place, the Senate first having passed the b ll without debate, and then, om motion to reconsider, killing itoif*in the moss emphatic manner. 9 Senator Caek, moving the reconsideration, that this concern was an invidiois monopoly of cortaim unscrupulous speculators who had ized‘an extor- tionate conspiracy in all the towns of the State the price of coal-was raised to the exorbitant and unjust rates which bad ruled for that necessary article. Senator Bell defended the company, and d this modo of retal ation as undignified. ‘Hé said that for many years the company had not made two cons dollars por tony although ab penn i ‘thar prod a, per ton, ugh at presnt, w: the price had gone.up to ten dollars per ton: fe recited the names of the directors and leading stockholders, and dweltupon the'r social and business standinguin the in'support of their claim to favor in this lature. Senator Folger read from certain public,jouraals the details of the mode in which coal is sold thyough agem- - cies in the cities. and towns, showing that this monopoly is extended to each town in the St the: company re- ‘es through any even where exer- and ite pur- z i otherchannel than their local agent, chase other -agents both practicable and.econvenient. The statement: was made thatthe company had divided fifty per cent idet year. Senator Low denounced this corporation nob'only as a Pennsylvania concern, but also as actively -peoerening in the organization of a rival route on the to Lake Erie for the diversion of the Wess over Pennsylvania and New Jersey routes,-and for the advancement of those States at the expense of this. Senator Andrews thought that this diversion of and of the capital of the city of New York. to. channels out of the State was due to the opposition made to im- portant internal im»rovements in railroads~and affording opportunity to corporations in this State to ex+ act exorbitant:rates for the transportation of icoal. ‘Senator Ames differed from Senator Andrews as to the pobre improvements most expedient torde considered: for affecting the cheap transportation of ceal, but agreed: that the difficuity was not In the Lackawana Company, Wt with the existing monopolies of transportation. Coal, could be had at the min’s at three dollars per ton, which at Oswego cost eleven dollars. Senators Laimboer and Cornell, having urged the Dili on the ground of the pockets. The names of tho stockholders of tie. company were individually overhauled, and the three-fourths vote of the. Sonate, by which the bill was squelched, was polnedty given in daclared condemnation of'animplied Peter Fu: system and the oppressive extortionate contrivances of is corporation and its coal yard agemcios throughout the. State. NEW YORK LEGISLATURD. 5 Avnant, March 3, 1865. Ge REPORTED, Incorporating the Metropolitan Railway Company. & majority report. ‘Authorizing the Delaware and Lackawanne Railroad Company to acquire certain real estate in New York. ‘To wmend the act forthe prevention of fires in New York.. ‘The Brooklyn Sewerage and Drainage act, For the increase of the interest.of the Croton Water Works bonds, Ineorporating the German American, Coloniaation A communication was received from the New York Street Commissioner. stating the widtla of Liberty street. BILUA PASGRD. Amending tha charter of the Republic Fire Insurance Company. mending the charter of Elmira. antes tan Paid Fire Depaztment bill, by a vote Amendments were offered providing for the election of the commissioners by the electors of the district, and to tax the insurance companies for the expenses of the de partment, bat these were voted down by similar votes. Incorporating the New York of Music, Authoriaing the Delaware Company to acquire real estate in New York for office purposes, In the debate on the bill it was charged by several Sen- ators that this company 1 an extensive mone pOly ine criminating most injuriously against the of thie © Dill was defeated by # vote of 23 to 16. ijn oa until alta seven e’elock on Monday ov Assembly. r ‘ Aunany, March 3, 1866. RPORTA, incorporate the German Savings Bank of New York. 7 taser tho charter of the City Fire Insurance Com: Paty incorporate the German-American Colonization 80- For two additional Surrogates in New York. To. authorize the city of Poughkeepsie to borrow aiative to taxes and assignments in the city of New ‘01 WILLS PASSED, To amend the charter of the German Savings Bank of New York. ILAS INTRODUCED, é To amend the charter of the Blind Mechanics’ Associa- jon, ae the charter of the Onondaga County Savings tablish an im for . Fee tne conetracton of the New York and Spuyten Duyvil Rath . incorporate the Manhattan Land Improvement Com- pany. Tain the Metropotitan Market Company. To ide for comm! is Ore ; loansof Faso f by them, and to repeal article r title 19, of Revi ‘Statuter. By the act relative to closing up insolvent and dissolved pong vg oar mg Increase the duty on ‘Tajourned ourned tll half-past seven o'clock on Monday even~ ing.