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4 NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR, OFFICE N. W. CORNER OF FULTON AND NASBAU STS. eeeeeeereree TERMS cash in advance. Money sent by mail will be et the risk of the sender. None but bank bills current in New York taken. ee AMUSEMENTS THIS EVENING. ACADEMY OF MUSIO, Irving place.—Gzaxan Orzna— Fipstio. WINTER GARDEN, Broadway.—GraxpraTueR Wuite- eap—Napos rox ax Hous. NEW BOWERY THEATRE, Bowery.—Hau.et—Buo- ‘tuxe Brut ND man's Gust. R ‘Ma—Dorci WALLACK’S THEATRE. Desr—Hicu Lire Becow roadway.—Sriut Waters Rux AIRS. OLYMPIC THEATRE, Broadway.—Porrima Tux QuEs- LERPING BEAUTY. BOWERY THEATRE, Bowery.—Uncix Tom's Canin. NIBLO’S GARDEN, Broadway.—Fancuon, BROADWAY THEATRE, Jeacous Wire. BARNUM'S MUSEUM. sroadway.—Two Mauwori Far 'OMEN—LIVING SKKLETON—DwakP—Giant Bor—Onance Guat. Open Day and Evening. * BRYANTS' MINSTRELS, Mechanics’ Hall, 472 Broad- panel ‘Songs, Dances, Burvusques, &¢.—Tus ANGER. WOOD'S MINSTREL HALL, 5i4 Broadway.—Eraiorian Bonas, Dances, &¢.—PeTRoLkumaNia, oR OiL ON THE BRait Broadway.—Hexny VIII.— HOOLEY'S MINSTRELS, 199 and 201 Bowery.—Sonas, Dancus, Buaresques, £0.—Live Ivan. ial SALLE DIABOLIQUE. 58 Bioadway.—Rosert Hetisr's A.tusions axp Comic SOLos—Srinit Sack. HIPPOTHEATRON, Fourteenth _ strect.—Equrstniax, (aSTIC AND ACKOBATIC ENTERTAINMENTS—O' DONOUGHUE. AMERICAN THEATRE, No. 444 Broadway.—Batizrs, Pawrommmes, BuRixsques, &c.—Simon’s Misnars. IRVING HALL.—Sr. Avsaw’s Bazaar anv Prowenape Conceuts. NEW YORK MUSEUM OF ANATOMY, 618 Broadway.— Open from 10 A. M, till 10 P.M. New York, Monday, May 1 1865. > IMPORTANT BUSINESS NOTICE. Advertisers are requested to send in their ad- vertisements as early in the day as possible. All those received after eight o’clock in the evening will have to take their turn in publication. THE SITUATION. ‘The highly important report reaches us from New Orleans that the rebel ram Webb, which escaped out of the Red river a few days ago, and eluded the pursuit of the national vessels on the Mississippi, has terminated her in a most iitting manner. She passed New Orleans, on her way to the Gulf, in broad daylight, and at a v.ry rapid rate; but wifen a short distance below the city a part of her ma- chinery became disarranged, and sho was deserted and Blown up. Some of her crew were captured and taken to New Orleans, It is not thought that she did any damage except cutting the telegraph. career The train conveying the body of President Lincoln arrived in Indianapolis from Colambus at six o'clock yesterday morning. As the sad cortiye progresses west- ward thero is, if possible, an increase rather than a de- crease 4n the universality of the demonstrations of sor- row. The entire trip between Columbus and Indianapolis was performed at night, and during a portion of the time rain fell. heavily; but, notwithstanding, all along the Toute the people were out by thousands; in all the towns ‘and villages the buildings were draped, flags were half- masted, bells were tolled and minute guns fired, Even many of the farmhouses wore emblems of mourning, At different places dirges were chanted and funcral muste Played by bands; the train passed under ornamental Irches of evergreens and flowers, festooned with folds of Piack and white, and the stations were illuminated with Jorches, bonfires and Chinese lanterns. The outpouring Bf the people await ng the arrival of the remains at In- dianapolis was immense, and the ceremonies were of an impressive and fitting character, The funeral train left Indionayolis at twelve o’clock last night, and will be due in Chicago at eleven o'clock this forenoon. ‘The number of persons arrested on suspicion of being connected with the great assassination plot at the na- tional capital has become so large that it hes been found Recessary to fit up a separate building for their sate keeping, and in this they are all now confined. President Johnson has issued an order removing Canary Islands on the Ist of April, we may soon hear of her, either in the West Indies or before some of our Atlantic cities. Ample preparations for her reception have, however, been made by the Navy Department, EUROPEAN NEWS. By the arrival of the steamship City of London at this port and Peruvian at Father Point, yesterday, we received news from Europe to the 2lst of April—five days later. ‘The intelligence is of @ very important and interesting character. ‘The publication of the details of the fall of Richmond, with the report of the rout of Lee’s army, produced an intense degree of excitement all over Great Britain. ‘Although the people had not heard of the surrender of Lee, it was very generally conceded that the rebel cause was at an end, and the London Times advises the remnant of the insurgents to submit to their “conquerors” after obtaining the best terms possible, The London Indez—Jeff. Davis’ organ—and London Post—Lord Palmerston’s organ—hoping against hope, express the opinion that the war will be still continued, in some new form, by the rebels. ‘The rebel cotton loan bad almost disappeared from the London Stock Exchange, where a very animated and heavy demand for United States securities and American railroad stocks existed. ‘The superior ability of General Grant and.ghe gallantry of the Union soldiers were fully, if tardily, conceded by the British press. A very exciting scene took place in the French Legis- lature when the news from Richmond was made known. M. Eugene Pelletan, a leader of the oppositin, declared it was of no consequence that Napoleon did not allude to American affairs in his speech from the throne, as “the victorious swords of Grant and Sherman have settled the question.” The sentiment was supported by twenty-four members of the opposition. ‘The abolition of slavery in the South was hailed with Joy by the influential newspapers of Paris. ‘A London journal asserts that Napoleon proposed to conclude a treaty with England for the defence of Canada against the United States on hearing of the fall of Rich- mond. ‘An Irish jourhal recommends a large emigration of “poor” but hardworking whites to the Southern States when restored to the Union. Maximilian’s affairs were in a very discouraging state. ‘The new Franco-Mexican loan, being a lottery concern, cannot be quoted in Lepdon. His new minister has re- tired from the Court of the Emperor of Austria, and the London Times indicates that the Monroe doctrine may be speedily enforced against his throne. ‘The eldest son of the Czar of Russia was dangerously ill at Nice, and fears were entertained for his life. Consols closed in London, April 21, at 9034 a 9054 for money. The Liverpool cotton market was more buoyant, April 21, and prices advanced slightly from a heavy de- cline experienced during the weck. Flour was dull and downward. Provisions were quiet and steady. MISCELLANEOUS NEWS. Surgeon General Barnes yesterday reported that Sec- Tetary Seward was suffering some inconvenience from his fractured jaw, but that in other respects ho was al- most restored to his normal health. Mr, Frederick Sew- ard continues to improve. The steamship Lousiana, from Liverpool and Cork, with emigrants for New York, put back to Queenstown harbor on the 13th of April, after having been ashore near the Old Head of Kinrale, as announced in the Hx- Rak on the 25th ultimo. Wo now learn that immediately after the Louisiana made port on her return the passen- gers—about five hundred in number—were landed, and attention turned to the condition of the Ship. She was making a good deal of water, the emigrants having had to assist at the pumps to keep the leak under; and in or- der to ascertain the extent of tho damago and have it re- paired it was proposed to get her into the dry dock at Passage, An American ship, the R. Robinspn, was, how- ever, in occupation, There being no other dry dock that could accommodate the Louisiana, she was obliged, in Ler injured condition, to steam away to Liverpool, on Friday, April 14, to get repaired. Meanwhile the pas- sengers were lodged at Queenstown, being supplied with the detention money prescribed by the Passenger act, Sho-ld the nature of the Louisiana’s injury be such as to adtnit of being repaired in time, she would resume her voyage on Wednesday, April 19, but if not another steamer would take her place. There is every indication that the 1st of May, one of our great Knickerbocker anniversaries, specially devoted to a general upheaval of domestic affairs, and conse- crated by strict observance im the metropolis and its suburban towns through a period running back far beyond the memory of the oldest inhabitant, will to-day be as fully honored as in preceding years, Many families, however, who will be compelled to move, have a sorry prospect before them, as, having been unable to secure a domicii, the appearances are that either the open streets or the hospitality of friends will bo their only dependence for temporary shelter, Owing to the work of building not keoping pace with the immense increase of popula- tion in this city, Brooklyn and the surrounding towns during the past few years, the house demand is now far in excess of the supply. The funeral services over the remains of the eminent surgeon, Dr. Valentine Mott, took place yesterday after- noon at the Church of the Transfiguration, East Twenty- ninth street, in the presence of a very large assemblage, including many of our most prominent citizens. General Scott was one of the pall bearers, and amgeg the officiating clergymen was Bishop Potter. Various restrictions on trade and intercourse heretofore existing in portions of the States of Virg'nia, North Caro- lina, South Carolina, Georgia, Tennessee, Alabama, Mis- Gissippi, Florida and Louisiana. Commerce in articles Contraband of war is, however, still prohibited. General Grant is busily engaged in making arrange- ments for the contemplated heavy decrease of our mili- tary force, and the consequent mmense reduction of the government expenses. It is thought that the army will goon be decreased by the number of four hundred thou- sand men. General Halleck, since assuming command in Rich- mond, has established in that city a Bureau of Public Archives, in which are to be de- posited and preserved all documents found within his department bearing on the history of the rebellion. A new sub-district, to be known as the District of the Peninsula, has been created in the Department of Vir- ginia. It consists of the territory embraced within the boundaries of the York and Pamunkey rivers on the north, Chesapeake bay om the east, James river on the south, and the Fredericksburg Railroad on the west, with headquarters at Williamsburg. The Second army corps now has exclusive charge of affairs at and ip the vicinity of Burkesville Junction, Virginia, at the crossing of the Southside and Richmond fad Danville Railroads, and its dutles are far from being those of a sinecure character. Large numbers of the men are detailed in small squads in the surrounding ountry to protect the inhabitants from depredations on the part of both straggling Union soldiers and parole@ rebels of Lee’s late army. The region is full of the latter. Great destitution prevails among the people, and many of them would starve but for the rations served out to them by the Second corps Commissary. On the 27th ult. up- ‘wards of one hundred and {ifty families, averaging eight adults cach, were thus subsisting on government bounty in that locality, and the number was constantly incrons- fing. The suffering stomachs of the people have made them Bick of the rebellion, at leas! profersediy, and they press forward with equal cagerness to the subsistence head- quarters for food and to the Provost Marshal's office to take the oath of allegiance, Some of the old planters Bre impatient for an opportunity to instruct their legisla. tors to declare unhesitatingly for the Union once more end forever. Our Key West despatches are to the 24th of April. fhe unexpected and torrible news of the President's @ssassination had caused the same gloom and excited the same intense indignation there ‘as at every other place where love of the repubile predominates, and there wore simyler manifestations of sorrow in draped build- ings, half-mastod flags, tolling bells and the solemn ‘Dookfing of minute guns. As the rebel ram Olinde, alias Stonewall, lef} the The monthly term of the various law courts in this city commencesto-day. In nearly all of them there are more than usually heavy calendars, owing to the gen- eral suspension of business during the fatter part of the past month, consequent upon the Presidential obsequies. A porter in the Hoffman House, named Edward Blake, was yesterday locked up, in default of five hun- dred dollars bail, charged with stealing over one hundred NEW YORK HERALD, MONDAY, MAY I, 1865. The End of the War—Our Magnificen' Prospects of Peace. The surrender of General Joe Jobnston’s army, including all the active rebel forces in North Carolina, South Caroline, Georgia and Florida, puts an end to the rebellion and the war. From the Potomac river to the Missis- sippi all the fighting elements of the rebellion, if not now, will in a.few days be disbanded, disarmed and dismissed. The work is done to the Alabama line, while beyond the Chatta- hoochee to the Mississippi, what with the resist- less movements of Wilson’s’ cavalry from the army of Thomas, and the operations of Canby and Commodore Thatcher at and around Mobile, only a few scattered squads of Dick Taylor’s command were left at the time of Jobnston’s surrender, and they doubtless, by this time, following his example, have laid down their arms and given up the hopeless cause of Jeff. Davis and his confederacy. Nothing remains, then, of this late gigantic, tenacious and defiant rebellion but the herd of irregular odds and ends of border ruffians and bushwhackers, under Kirby Smith and Walker, in Western Louisiana and Texas. They, too, have been seized with the contagion of despair. The rebel General Walker, com- manding in Texas, according to our last ac- counts from him, in his answer to the proposi- tion of General Lew. Wallace for “a separate accommodation,” still spoke in the old rebel tone of insolent defiance; but this was more than a month ago. It is probable that on this very day the roads leading from Texas to Mexico are lined with immense rebel caravans moving off with their cotton and other plunder to seek the protection of Maximilian. The mock heroic General Walker probably heads this grand exodus. We guess that the rebel chiefs at Shreveport, on the Red river, in the bold adventure of running, their famous ram— the Webb—out into the Mississippi, and thence down the river under full steam, were simply endeavoring to get into the Gulf and across to Cuba with a cargo of cotton and other valua- bles worth all the risks of the undertaking. In a word, the rebellion is subjugated and the war is at an end; and we have only now to “gather up the fragments that nothing may be lost.” In this view it is gratifying to perceive that the first efforts of the government are di- rected to the reduction of the national expenses. We judge, from what is already accomplished in this direction, that even by the first of July next the extent of these reductions will be equal to five hundred millions a year clear gains. Next, from the able-bodicd soldiers on both sides, thrown into the productive employments of peace, our actual gains will bg still greater. We may next look for the speedy bringing for- ward to market of at least two millions of bales of Southern cotton, the effect of which, in re- ducing the prices of cotton and other goods, and in strengthening the national credit and currency will be so immense as to be felt in all financial and business operations in both hem- ispheres. Next, a new impulse of colonization and active development of wealth will give a new epoch of prosperity to our new mining States.and Territories west of the Rocky Moun- tains, while at the same time a mighty current of emigration, from the North and from Europe, will set in to fill up the waste places and the inviting fields for tree labor now offered in the South. The prospect thus opening before us of a reign of peace, prosperity, material develop- ments, wealth and strength, is, indeed, magnifi- cent. Take away a million of men from the work of consuming and destroying, and transfer them to the work of building up and producing, in such a country as this, and the effect, to use a favorite comparison of President John- son, will be as wonderful as any of the miraculous changes wrought by the magic lamp of Aladdin. We rely upon the adminis- tration to pursue a policy of reconstruction which will best subserve ihe general and per- manent interests of the country. We have great confidence in the experience, energy and discretion of President Johnson. But there is one subject to which we would especially call the attention of the federal government, our State governments and the people at large. We refer to the duty and necessity of provid- ing for the comfortable maintenance of our discharged soldiers and sailors, especially the sick and disabled. In «ll public and pri- vate offices or employments where they can be serviceable their claims should be con- sidered the first and the best; and the widows dollars worth of property from the room of one of the | and orphans of those whose bones whiten the guests of the hotel. The boiler of an engine on a freight train on the Ham- {iton and Dayton (Ohio) Railroad exploded on the morn- ing of the 22d ult., while the train was near Hamilton. The conductor was very seriously injured, and the fireman and engineer wounded, the former having his leg broken. The Lincoln Rolling Mill, situated at Hollidaysburg, Pa. ; was destroyed by fire on the afternodw of the 24th ult. The property was valued at one hundred and twonty-fiye thousand dollars, and was insured in a New York company for forty thousand dollars, The English bark Annie Baldwin, with a cargo of guano, struck on Conch Reef, on the Florida coast, twenty miles below Carysfort Reef, on the 16th of April, and, notwithstanding all efforts to get her off, she had to be abandoned on the 19th, after saving her crew and certain portions of her cargo. ‘A despatch from Philadelphia says that a plot to de- stroy that city by fire was discovered yesterday ; but such arrangements have been made by the civil and military authorities that no apprehensions are now en- tertained of the villanous cdfspirators accomplishing their designs. Afire in Sudbury street, Boston, yesterday morning, destroyed between eighty and one hundred thousand dol- lars worth of property. Tue Way To Finish tae Gvertias.—Now that all regular warfare is at an end, it is the duty of the government promptly to suppress the roving bands of guerillas who are still seattered through the Southern States, preying alike upon friend and foe, if indeed they have any friends among the Southern péople, who battle fields of the South should not be for- gotten. In the splendid career of peace, prosperity, power and glory, upon which we are now en- tering, let us bear in grateful remembrance the brave soldiers and sailors through whose per- sistent labors, sufferings and sacrifices the glo- rious cause of the Union has been redeemed and permanently established. Tur Resources or tux Counrry.—Now that the tumult of war is over, and thousands of our soldiers will be soon returning to their former peaceful avocations, a wonderful de- velopment of the resources of the country will commence, The manufacturing interests, pro- tected and stimulated by the high tariff, will take a fresh start. The mining business will open up with renewed vigor. The agricultural districts all over the country will be more ex- tensively cultivated, and new regions in the West and on the Pacific will give up their latent wealth more profusely to the labor and industry of another race of agriculturiste—our disabled veterans. We shall produce hence- forth more cotton, tobacco, rice, children, sugar, grain, gold, patriotism, silver, iron and coal than ever before, and will exhibit, to the wonder of the world, more extraordinary re- sults from our works of peace than even the grand military and naval resources which war must necessarily be the greatest sufferers by | hoy developed. their predatory raids. The way to finish these fellows is to declare them outlaws, and treat Larar Iuwionation IN Prosrect.—There can them as such whenever they are captured. They | be no doubt that an immense immigration will can no longer be regarded in any other light | set in, now that the war is over, and the coun- than as brigands. Brigandage is @ Spanish | try is ready to resume its old habits of com- and Italian institution, which may do very | merce and manufacture. Already we observe well in Mexico, and in portons of Italy, | by the Irish papers that the peasantry of that but is not suited to this country, and cannot | country are preparing for a great spring exo- flourish here. The soldiers of the guerilla chief | dus. The people of the Old World are well con- Mosby have deserted him, but Mosby himself | vinced by this time that this is the most pros refuses to surrender. We understand that | perous country on the face of the earth; that it General Grant issued orders to General the best and finest government to live Hancock to give him one hour in which to | under, and that it is the freest and happiest spot surrender, and if he refused, to declare him | where men can dwell; and they will not fail, outlawed, and deal out to him the penalty of | under the present cheering circumstances, to outlawry. This order is probably an indication | avail themselves in large numbers of these ad- of the course the government intends to pursue | vantages. For the past four years emigration towards all the rest of the guerillas, and it is | has been considerably retarded by the dis- the proper way to get rid of shem. turbed state of the gountry, and people ia al parts of Europe have been waiting anxiously for the settlement of our difficulties to transfer their fortunes to this land. The opportunity has now arrived, and we may therefore anticipate & great influx of fresh bone and sinew, labor, skill and industry, all of which will be most welcome and most timely in the development of the vast resources of the country. g Peace and the National Finances. Now that the war is practically ended, and we look back upon the vast expenditure of money as well as life which it has involved, we find it difficult to over estimate the good effects of peace upon our national finances. It is at the same time gratifying and encouraging to find the government prompt to profit by the opportunity of reducing its current expenses by the reductions which have been ordered in the military and naval service. Our four years struggle with rebellion has already left us saddled with a registered debt of more than twenty-five hundred millions of dollars, and before reconstruction is accom- plished the total will probably be three thou- sand millions, How to manage this debt and provide for the payment of the interest with as little inconvenience as possible, or, in other words, how to raise the maximum of taxation’ with the minimum of expense and burdensomeness will be the great question which will absorb the attention of Congress for a long time to come, and be likely in the end to influence important po- litical changes. Political economy is still young as a science, and before the war com- menced, at least, our legislators had not made much progress in it. Our fiscal legislation was, therefore, crude and blundering, and this added needlessly to our debt by the subtle process of depreciating the currency. A well devised scheme of taxation! is of vital im- portance to the credit of a nation at war or burdened with a large national debt; yet our present tax bill and tariff are a tissue of absurdities. Congress has thus far merely tinkered with taxation; but in the future we may reasonably hope to profit by the costly lessons of experience and do better. Every taxpayer in the country will hence- forward be interested in the fiscal administra- tion of the country, and something better than @ complex Internal Revenue bill, which yields, at an enormous cost for collection, less than two hundred millions a year, and a tariff which, in many cases, is probibitory, or nearly so, will be required by the people. It is notorious that the internal revenue officers are ineffi- cient in the performance of their duty, and that evasions of the law are almost as common as a strict compliance with it. All that the government has or can have in the way of income must come from taxation, and hence, if that is defective, the public credit will suffer in proportion, and it is useless to shut our eyes to the fact that our system will require to undergo considerable improvement to enable us to emerge successfully from the financial difficulties which have been for the last four years gathering around us. The currency is of little importance compared with the whole debt in affect- ing the credit of the government or the gold premium, although its volume is excessive, the Treasury issues being nearly six hundred and cighty-three and a half millions, while the national bank notes in cir- culation aggregate move than a hundred and twenty millions. A large portion of the former can, however, be disposed of, when the proper time arrives, into bonds bearing say three per cent interest. The confidence of the people in the national securities was never stronger than at present, and after its reconstruction tae re- public will ent:r upon a new era of prosperity. Thus a more promising prospect for the future GexeraL Lev snp His Views or tHe Fo- TuRE.—We are somewhat amused, and not at ali alarmed or astonished, when we reflect upon the views General Lee entertains of the future of the South, provided peace be not made upon terms acceptsble to the secession leaders in that section. We shall have no such trouble as General Lee anticipates, The fact is, the South as @ mass were never in favor of secession. No State south ot the Potomac, except South Caro- lina, was ever radically in favor of secession, and South Carolina herself was only committed to the folly because she conceived a still greater one, and that was that she would be- come an independent republic herself, or per- haps erect a pigmy monarchy on her own ac- count. South Carolina was about the lastSiate in the South to adopt the Confederate States constitution, probably for this very reason. The people of General Lee’s own State (Vir- ginta) were never in favor of secession, and that State was torn out of the Union, or rather the attempt was made to tear her out, under the threats of mob violence. It was the pressure of radical secessionists, outside of her State Convention, that carried the vote in favor of seceding. We doubt very much whether a ma- jority of the convention ever were in favor of secession. It was the same with Tennessee and doubtless many other Southern States. Hatred of the Northern abolition leaders, intensified by the election of their candidate for the Presi- dency in 1860, spurred the Southern radicals to those fatal extremes, the fruits of which they are now reaping, but for which the great body of the Southern people are not and never have been responsible. We repeat that General Lee need have no concern about the future. He may grieve to acknowledge that the South has been fairly overcome in honorable combat, but it is the truth, nevertheless, and all the gram- bling or heart-burnings in the world cannot wipe out the fact. The best thing for General Lee, and alf the other Southern leaders who have surrendered to General Grant, to do is to submit gracefully to their defeat, and, return ing cordially to the arms of the Union, exhibit by their future conduct their devotion to the interests, the glories and the destinies of the great republic. A Bio Pave Aroat ror tus Navy.—Now that Johnston has surrendered, and Dick Taylor ‘wants to do so, there is no organized body of rebel soldiery in the land except the squad under Kirby Smith west of the Mississippi. But it iso matter of some doubt whether even the latter has a command at all. Itis more than likely that he has fled on board the fleet rebel ram Webb, with a mass of plunder, including the silver spoons belonging to the late rebel execu- tive mansion in Richmond, and may in a short time be expected at Havana or Nassau. Now is the time for our gallant navy to intercept the Webb or seize her wherever she may be found. Gbo im without doubt, laden with the bullign ! stolen from the Southern banks and people, and her capture would be a glorious prize for our navy. The Webb does not pretend, so far as heard from, to be on « destroying or plundering expedition. She has probably been awaiting for a long period the emergency that has just arisen—namely: the downfall of Rebeldom and to facilitate her escape with the spoils of some of the leaders. Tue Lincotn Monument.—The arrangements for the erection cf a monument to Mr. Lincoln in this city are progressing most satisfactorily. Money is being subscribed freely in all quarters, Many public institutions, associations, lodges and corporate bodies are making collections, and subscription lists are very generally circu- lated throughout the different offices, hotels and other places of frequent resort. It is probable that the sum of fifty thousand dollars will be raised in # very short time, so universal is the desire of all classes to unite in this well deserved tribute to a good and just man. The contribution of the Heratp establishment is thus gracefully acknowledged:— Received from James Gordon Bennett, |., two hun- dred and two dollars, being the amount subscribed by those in the editorial and other departments of the New York Hrratp office towards the erection of the Lincoln monument; and for this mark of liberality and the readi- ness which’ you offered to our committee in promoting the object in view please accept my thanks. ~ TIM. G. CHURCHILL, Treasurer, 161 Broadway. New Yorx, April 29, 1865. It is contemplated to erect a bronze statue of Mr. Lincoln on the southwest corner of Union square, opposite the equestrian statue of Wash- ington, for which it will be a most appropriate companion. THE REBEL RAM WEBB Sudden Termination of Her Career. She is Abandoned and Blown Up by Her Crew. No Damage Done in Her Short and Rapid Cruise, &e., Caro, April 30, 1865. rhe steamer Mississippi from New Orleans, has ar; rived. She reports that the rebel ram Webb passed ‘New Or- leans at broad day at a rapid rate, displaying the Stars and Stripes, but after passing, hoisted the rebel flag. When a few miles above fort St. Philip her condensers got out of order, and she was deserted and blown up. As far as known she had inflicted no damage, save &e., &e. cutting the telegraph line. A portion of her crew arrived in New Orleans. The remainder left for parts unknown. Description of the Webb. The rtm Webb was the well known steamer Wm. H. Webb, formerly used in this harbor as a tow boat, and as an ice breaker in the winter, for which purpose she was specially constructed, being of great strength and fitted with powerfal engines. A few years before the war she was purchased by some of the New Orleans merchants for the purpose of towing the heavily laden ships to and from the city. She was noted for her power and speed. When the rebellion broke out she was still at New Or- leans, and was, of course, seized by the rebel authorities and converted into a ram aud gunboat, In the latter part of May, 1861, she seized three vessels loaded with ofl and made prizes of them; bat after the establishment of a Dlockade by a Union squadron at the mouth of the Mis- sissippi her little privatecring inclinations were effect- vally stopped, and we hear little of her again until she attacked, with her consort, the ram Queen of the West, the iron-clad Indianola, im the Mississippi, and, after a desperate struggle, in which she rammed her several times, compelicd herto surrender, On the passage of the Vicksburg batteries by our fleet the Webb retreated to the Red river, which she ascended far above Alexandria, where she remained until after the failure of Banks’ expedition up that river, when she came down and prepared to run the blockade with a load of cotton, or perhaps as privateer, Information of this fact reaching Admiral Lee's ears, he despatched a lect of iron-clats and gun- Vonts to the mouth of tho Red river, to prevent her escape, Among them were the Monitor Manhattan and the iron-clad Lafayette—the latter a vessel of some Under cover of darkness, however, the Webb the blockaders, 7 The Webb was six hundred and sixty-five tons burthen, had a draught of seven feet of water, and her general dimonsions wore as follows:—Length, one hundred and nincty-one feet; broadth of beam, thirty-one feet; dopth of hold, twelve foot, Sho was built in 1856, and was a fino sea boat, Of her armament we have no knowledge, but suppose it was light, Graxp Caanity ENTeRTAINXENT AT THR ACADEMY.—OD ‘Thursday evening, the 4th instant, a grand combination musical and literary entertainment will take place at the Academy of Music, in honor of our recent victories, the procesds of wh’ch are for the benofit of sick and wounded soldiers, and tho Ladies’ Reliof Fund of the Lexington ‘Avenue Hospital. For this charitable purpose several eminent artists have tendered their services—among others Mrs. Jennie Van Zandt, the favorite prima donna; Miss Jennie Kempton, contralto; Messrs. Heller, Pease, Farly, Foulmin and De Cordova, the latter of whom will recite an original poem, Mr, Theodore Thomas has most gencrously contributed his services as director, with his magnificent orchestra of seventy artists. We hope to see the Academy overflowing on this occasion. Fox’s Ow Bowery Tuxatre,—We would remind our readers that this is the last week of Uncle Tom’s Cabin at the Old Bowery, and no one should fail to see Mrs. @. €, Howard's delightful rendering of Topsey, which is one of the most perfect pieces of acting presented on any stage in the city for some time, Topsoy is Mrs, Howa: original character, and she has made it all her own. The fine apprehension of nature exhibited in the gradual growth of the wild, untutored, semi-ravage child into the refined woman, under the civilizing influences which surround her, is a study in itself, Mrs. Howard we per- ceive is to have a benefit on Friday evening, when she will appear as Topsey for the second last time. PLOT TO BURN PHILADELPHIA. Pintapenrma, April 90, 1865, Some excitement was caused here to-day by the dis- covery of a plot to burn this city, as was attempted in New York last year. General Cadwallader hae made a proper distribution of troops, and it ts believed that now no attempt will be made. No particulars of the plot can be obtained. fists in Philadel. EDWARD INGERSOLL bf AVES THE CITY FOR THE ‘WEST—ANOTHER PROMINENT SECESSIONIST NOTI- FIED TO LEAVB. Pamapetraa, April 30, 1865. Edward Ingersoll, who was roughly handled by the populace on Friday, for expressing secessionist senti- ments, has left the city for the west. A prominent secessionist who lives at Chestnut Hill, near this clty, has been notified by bisneighbors to leave the vicinity. ‘Mrvo-Cyontan Masquer Batt.—The grand masque ball of the Melo-Chorean Association, which was postponed from April 17 in consequence of the lamented death of President Lincoln, will take place to-night at Irving Hall. This society is composed mainly of ‘artists, musi- cal composers and literary gentlemen. The arrange- monte are made on 4 geale that inqureg, » very brilliant altyls, WASHINGTON. Important Order from Presi- dent Johnson. Removal of Restrictions on Trade im Various Southern States. General Grant Busily Engaged in Reducing the Military Establishments of the Government. The Expenses to be Lessened One Mil- lion Dollars a Day. Large Mumber of Persons Arrested Charged with Complicity in the President’s Murder, &., &., &e. Executive Order Removing Restrictions on Trade in the Southern States East of the Mississippi. ‘Wasuixctox, April 30, 1865. The following order has been issued by the Presi- dent:— ‘Wasnincton, April 29, 1865, } Being desirous to refleve all loyal citizens and well disposed persons residing in the insurrectionary States from unnecessary commercial restrictions, and to en- courage them to return to peaceful pursuits, it is hereby ordered :— First—That all restrictions upon internal, domestié and coastwise commercial intercourse be discontinued im such part of the States of Tennessee, Virginia, North Carolina, South Carolina, Georgia, Florida, Alabama, Mississippi, and so much of Louisiana as lies east of the Mississippi river, as shall be embraced within the lines of the national military occupation, excepting only suck restrictions as are imposed by the acts of Congress, and regulations in pursuance thereof prescribed by the Secre- tary of the Treasury, and approved by tho President, and excepting also from the effect of this order the fol~ lowing articles,{contraband of war, to wit:—Arms, am- munition, and all articles frofm which ammunition is manufactured; gray uniforms and cloth, locomotives, cars, railroad iron and machinéry for operating railroads; telegraph wires, insulators and instru ments for operating telegraph lines. ‘Second—All existing military and nava! orders in any manner restricting internal, domestic and coastwise com- mercial intercourse and trade with or in the localities above named be and the game are hereby revoked, and that no military or naval officer in any manner interrupt or interfere with the same, or with any boats or other ‘vousels engaged therein under proper authority pursuant to the regulations of the Secretary of the Treasury. ANDREW JOHNSON. GENERAL NEWS. ‘Wasurxeto, April 30, 1865. GREAT REDUCTION TO BE MADE IN THE MILITARY DEPARTMENTS. Immediately on the return of General Grant he ad- dressed himself to the task of reducing the public ex- ponses by cutting off all the superfluities of our military establishment. All the occupants of military hospitals well enough to be discharged, and all enlisied men no¢ on duty in the field, are at once to be be mustered out of service. It is estimated that the number thus taken from the army rolls will be in the neighborhood of four hun- dred thousand, and the reduction thus made in the pub- lic expenses will be nearly one million of dollars a day. THE PRISONERS ARKESTED CHARGED WITH COM- PLICITY IN THE ASSASSINATION OF MR. LINCOLN. The numbor of prisoners arrested charged with com- plicity with the recent assassination plot has increased 80 greatly that it has been necessary to fit up the old District Penitentiary, iu the yard of the Arsenal, as = special prison for their custody. At. midnight last night all these prisoners were quietly and safely removed to this new prison from the Monitors on which they have hitherto been confined, TRIAL OF ENGRAVERS OF REBEL BONDS AND NOTES. Yesterday the military commission of which General Bragg is Prosident began the trial of the seven en- gravers of Confederate notes and bonds who came here from the South after the capture of Columbia by General Sherman. They are all young Scotch- men, who entered the service of the rebol ‘Treasury Department from Scotland in 1862. They were arrested here March 15. They are defended on the ground that they are entitled to the amnesty terms of the President’s proclamation of March 14, providing thas all domiciled aliens who should leave the South withim twelve days thereafter should be free from prosecution. ARREST OF A COPPERHEAD MEMBRR OF CONGRESS. Hon. Benjamin G. Harris, the copperhead Member of Congress from Southern Maryland, was arrested om ‘Tharsday last by Major Waite, of General Augur's staff, for treasonable conduct in dissuadmg paroled rebel sol- diers from taking the oath of allegiance and urging them as soon as exchanged to return to the South and make farther fight. The arrest of Harris has no com- Pection whatever with the assassimation conspiracy. THE EXTENSION OF THE TREASURY DEPARTMENT BUILDING. The work on the Treasury Department extension is now being pushed forward with great rapidity, and the State Department building will shortly be demolished to make room for the north wing. When this is completed the building will be one of great maguidicence. KFFORTS TO ESTABLISH A LINE OF STEAMERS BE- TWEEN WASHINGTON AND RICHMOND. Several prominent Northern steamboat owners are now here endeavoring to make arrangements to cstab- lish a regular line of passenger steamers betwoen thie city and Richmond. A LITTLE TOO FAST. During tho last few days a number of letters marked “official business’ have been received at the Post Office here addressed “Hon. Preston King, Secretary of State.’ This is a little premature. CONDITION OF MRS. LINCOLN. Mrs. Lincoln has not yet rallied from the prostratiow occasioned by the suddenness of the President's death. She is constantly attended by numerous warm friends, and, of course, hus not decided when she will leave this city for home. THE NEW POSTAL LAWS. ‘The new act relating to the postal laws provides that all domestic letters, except letters lawfully franked and duly certified letters of soldiers and mariners in the ser- vice of the United States, which are deposited for mailing in any post office of the United States, on which the post- age is unpaid, shall be sent by the postmastor to the Dead Letter office in Washington; and all lottors deposited for mailing and paid only in part, shall be forwarded to their destination, charged with the unpaid rate, to, be collected ‘on delivery. ‘The provisions of the act for the relief of postmasters who have been robbed by rebel forces or rebel gucrillas, approved in April, 1864, are extended to cases of loyal postmasters where, by reason of the presence of armed forces, a post office is destroyed and the postmaster loses the fixtures and furniture, or postage stamps, or stamped envelopes, and the cases where such losses are occasioned by armed forces other than those of tho so-called Com- fedorate States, The Postmaster General is authorized to allow for the publication in newspapers of the Het of non-delivered lotters at any Post office, compensation, at ® rate not ta exceed two cents for each letter #0 advertised; and ts alsa authorized to cause the mails to be transported between the United States and any foreign port or ports, or be tween the portsof the United States touching at a foreign port by steamship, allowing and paying therefor, if by fn American vessel, any sum not Crete the sea and " and, | a vesse! Unie eee pny cae aad Re ere oo delivery is to be established im Pe: Hace coating in population of fifty thousand every lace tivery.of the office thereof, and at suck wma os General, in his judgment, the ET provided— “Spuat ane’ prepayment on drop-letters in ail where free very is not lished, shall be one obscene 7 deponiti lets, &o. Be neerRene Rer et ta "