The New York Herald Newspaper, June 23, 1865, Page 6

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4 e NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR, OFFICE N. W. CORNER OF FULTON AND NASSAU STS poe ase ist cele TERMS onsh in advance, Money sent by mail will be the risk of the onder None but bank bills current in Jew York taken, “que DAILY HERALD Fore cents per copy. Annual pubseription price, $14. THE WEEKLY WERALD, every Saturday, at Five ents por copy. Annual subscription price:— One Copy -- 7 @ Postage five cents per copy for three months, Any larger number addressed to names of subscribers @1 50 cach. An extra copy will be sent to every club often. Twenty copies, to one address, one year, $5, and any larger number at same price, An extra copy will be sent to clubs of twenty. These rates make the ‘Wexex ty Heraup the cheapest publication im the country. ‘The Evrorgay Eprrion, every Wednesday, at Srx cents per copy, $2 per annum to any part of Great Britain, or @6 to any part of the Continent, both to include postage. ' The Caziyorma Eprrion, on the Ist and 16th of each month, at Sux cents per copy, or $3 per annum. | ADVERTISEMENTS, to a limited number, will be inserted inthe Wrexiy Heraxp, the European and California Editions. Jos Pxintine of all description, in every vartety, style snd color, executed with promptness and on liberal terms, VOLUNTARY CORRESPONDENCE, containing im- Portant news, solicited from any quarter of the world; if Qsed, will be liberally paid for. sg- Our Forziay Cor- BESPONDENTS ARH PARTICULARLY REQUESTED TO SEAL ALL LETTERS AND PACKAGES SENT US. ———— Wolame XXX............cc eee eee eee seee MOe 17S e uw ‘AMUSEMENTS THIS EVENING. NEW BOWERY THEATRE, Bowery.—Rent Dar— Winow's Vicrin—Factorr Stuixz—Burourn's Dog. OLYMPIC THEATRE, Broadway.—Jzssis Brown. BROADWAY THEATRE, Broadway.—Tus Hippan Hand BOWERY THEATRE, Bor—Inisu Trvxxn. NIBLO'S GARDEN, Broadway.—Tas Lirr.z Banxroor. Bowery.—Tum Ipiot—Pspiss WINTER GARDEN, Broadway.—Tux Sraancxe—Tas Hoxgruoon. WALLACE’'S THEATRE, Broadway.—Tas Inox Masa. BARNUMS MUSEUM, Sroadway.—A Living Auut- ToR—Far Wowas—Giavress, DAUGHTER OF THE BacI- SENt—Jenxe Lino. Open Day and Evening. BRYANTS' MINSTRELS, Mechanios’ Hall, 472 Broad- ee Sonos, Bancxs, Buacesquxs, &c.—Tax ets or New Youn. , WOOD'S MINSTREL HALL, 514 Brosdway.—Bravortan Gonas, Davors, &0.—Gneznnacina, Tus Pacace ov Soar. HELLER'S HA) 85 Broadway.—San Francisco Mix- prneis—Cross ney vik HOOLEY’S HALL, 201 Bowery.—Sam Suanrrer's Mrv- SS Conckrt—Cannival of Fux—Tus Busck 444 Broadway.—Baruers, AMERICAN THEATRE, ‘ax Scout ov THE Potomac. Pantotuxs, BORLESQUES, STUYVESANT INSTITUTE, 659 Broadway.—Tax Ira.tan Magioverrs aap Mimatory Tuxatas. NEW YORK MUSEUM OF ANATOMY, Broadway.— Open from 10 A. M. till 10 P. ved ir = New York, Friday, Juno 23, 1865. — it ‘NOTICE TO THE PUBLIC. Our city subscribers will confer a favor by reporting ‘any of our city carriers who overcharge for the Hara.p. Country subscribers to the New Yorx Herato are re- Quosted to remit their subscriptions, -whebever practi- “foie, by Post Office Orders. It is the safest mode of Pansmitting money by mail. Advortisoments should be sent to the office before nine Jolock in the evening. THE SITUATION. It is said that about fifty thousand additional troops, to be taken from the Army of the Potomac, the Army of tho Tennessee and Genoral Hancoek’s command, are to be mustered out of service, and that the preparations “for the work have already boen commenced. At the session of the Virginia Legislature in Rich- mond, on Tuesday last, the message of Governor Pier- point was received and read. After referring to the fact that the status of the African race, State sovereignty and armed resistance to the national govern- ment are disposed of by the war, and recommending the svoldance of any legislation calulated unnecessarily to irritate the people of the State, the Governor announces bis conviction that the Alexandria constitution is entirely too restricted in its provisions regarding the elective franchise, and recommends the extension of « that privilege to classes of white citizens now deprived of ft. He is in favor of the substitution of some such oath of allegiance as that contained in President Johnson's amnesty proclamation for the more exclusive one of the State constitution as it now stands. Re- garding negro suffrago the Governor says:—‘‘As neither you nor I have control over that matter, it will of course not be a subject of your deliberations.” He recommends that the State tax be increased from ten to fifteen cents on the one hun- @red dollars, and the legal-rate of interest to seven and Jhree-tenths per cent. A joint committee of the two houses was appointed to prepare a bill extending the dlective franchise. A large delogation of loyal Virginians yesterday visited President Johnson and laid before him their views of feconstruction in their State. They protested against fhe restoration’ to full citizonship, the right of ‘voting, and all the privileges of truly loyal men ‘of those who throughout the rebellion were notorious for their treasonable conduct and language and their ‘hatred of the national government, but who are now very anxious to be considered good Unionists. Admiral Godon’s fleet sailed from Hampton Roads on ‘Wednesday for the Brazilian waters. Genoral Grant, accompanied by his staff, left Washing- fon yesterday for Philadelphia, where he will remain, it fa expected, for two or threo days. \ A brother of the rebel guerilla loader Mosby recently pppeared at the Provost Marshal's office in Lynchburg, Bnd inquired if the partizan chief would be paroled if fhe surrendered himself, to which an affirmative pnswor was given, A fow days afterwards Mosby made huis appearance, but in the meantime orders had been eosived from Richmond not to parole him; and, as he faad come in under promise of safeguard, the Provost Marshal felt bound in honor not to take advantage of his Position, but ordered him to leave Lynchburg imme- iately, which the soldiers were directed to soe that he ‘Gid without molestation. + Oar Brownsville correspondent informe us that the ‘colored troops under command of General Jackson have (eached Texan safely and disembarked. ) The One Hundred and Thirty-ninth New York Volun- jteers, ® Brooklyn regiment, arrived bere yesterday. The (Bixteenth Massachusetts battery passed through this jeity, om roule for home. Detachments of the Second, Mitr, Fourth, Fifth and sixth Vermont regimen, @rmbering six hundred and sixty mon, arrived in the city on Wednesday night and left for their own State yesterday. CELLANEOUS NEW From Brownsville, Texas, we aro informed that Gene- ral Mejia, imperial commander at Matamoros, had re- ceived, on the 15th inst., intelligence of a battle between the imperialists and the republicans under General Ne- grete, in which the republicans met a terrible defeat, losing seven hundred tn killed and two thousand in prisoners, among the latter of whom was Negrete himself. The numerical part of this report was probably prepared by an imperial ‘lightning caleulator.” The imperialists have captured the town of Camargo, in Northern Mexico, which was taken after a briof resistance. Large numbers of Southern rebels have reccntly arrived in Maximilian’s dominions, They profess their intention of supporting his government, and say that they can nover again live under the American fiag. A loan for ten millions of dollars has boen put upon the market in San Francisoe by the agents of the Mexi- can republic. : ‘The new Board of Fire Commissioners were in seasion yesterday, and were kept fully oocupied in attending to the preliminary business of their organization. A num- ber of applications from members of the present force for positions in the new department were received and reserved for consideration. Is ig understood that the Commissioners will have s conforence to- day with the officers of the. .volunteor force and the Common Council committee, when it is supposed arrangements for tho transfer of the Fire Department property will be made. The members of the old department generally express the intention of con- tinuing to do duty as long as their services are required. ‘We publish this morning a report of the judicial opinion, delivered in the Court of Appeals on Wednesday, decid- ing the constitutionality of the law establishing the new Fire Board. ‘The Toronto Globe of the lst’ inst. states that when the steamship Hibernian gailed from England the Cana- Gian confederation question was on the point of favorable sottlement. Tho Montreal Herald confirms this assertion, adding that the demands ceded by Great Britain will cover “the assumption by the imperial government of a fair share of the expense of the general system of fortifi- cations for the provinces, and a guarantee of @ loan to enable the provinces to exeoute these and perhaps othor public works, including the Intercolonial Railway.’’ In the Suprome Court, before Judge Clerke, » woman named Emma Butler yesterday commenced a suit against Gustave Hester for the loss of her hasband, who was killed in July, 1864, by falling into an excavation in the sidewalk in front of the defendant's premises, in Mercer street, near Prince. The trial will probably be finished to-day. Tn the case of Henry Ludwig versus the Jersey City Insurance Company, where the plaintiff sued to recover for loas of property by water during a fire, and the de- fendants contested the claim on the ground that the goods were on a floor not mentioned in the policy, Judge Barnard yesterday instructed the jury to bring in a ver- dict for the plaintiff for the sum of $1,035. In the Court of General Seasious yesterday Charles Gay and James Morrison, who garroted Mr. Wm. R. B. Wing, in Union square, on the evening of the 14th inst. , pleaded guilty to highway robbery. Recordor Hoffman postponed the sentence. Patrick Curran, who was charged with shooting John Stewart at Jones’ Wood on the 28d of May, was tried, and the jury rendered a ver- dict of acquittal without leaving theif seats. A boy about fourteen years of age, named Augustus B. Jenny, whose parents reside in Sixteenth street, was arrested yesterday by an officer of the Post Office on the charge of attempting to obtain letters undor false pretences. The accused went, it is alleged, to the win- dow of the box delivery and asked for the letters from a box belonging toa certain person. Being, as is sup- pos:d, an old offender, ho was immediately nabbed, and questioned very closely by his captor. He was subse- quently taken tothe United States District Attorney's office, and after a brief examination was committed for further investigation. Mr, Henry H. Van Dyck, Superintendent of the Bank Department of this Stato, has, it is reported, been ap- pointed Sub-Treasurer in this city, to succeed Mr. John A. Stewart. - ‘The funeral of General Don Manuel Dobiado, tho dis- tinguished Mexican pairiot, took place yesterday after noon in this city, from his late residence, No. 30 East Fifteenth street. The roligious services were performed in the Church of St. Francie Xavier, Sixteenth street, and the remains were deposited in the Second street Ceme- tery. There was a large attendance on the occasion. Order prevailed in Tompkinsville, Staten Island, yes- ‘erday. <Awother revenue cutter has been posted off tho island near tho scene of the riot, and there is little fear of a renewal of the disorder of Wednesday even- ing. The accounts of the afair from the citizens, the military and the naval officers. vary materially. Some excitement over the affair still prevalied yesterday. The annual commencement exercises of the New York Univorsity took place yesterday in Niblo’s theatre, in the presence of a crowded assemblage, a large proportion of which consisted of*ladies. Chancellor Ferria presided. There were the oratorical efforts of the graduates cus- tomary on such occasions and a profusion of delicious music and beautiful flowers. A number of prizes were awarded and degrees conferred by the Chancellor. The alumni of the University met in the evening, and, after electing officers for the ensuing year, partook of their annual supper. The annual commencement of Rutgors Female In- stitute took place in the Broadway Tabernacle yostorday afternoon. There was a numerous attendance of ladies and gentlemen, and the exercises throughout were vory interesting. In the evening the young ladies of the In- stitute gave a reception, which was altended by a large number of their acquaintances. The Twenty-second regiment of the State National Guard were inspected by Inspector General Batchelder last evening at their armory, in the presence of a large number of spectators. The members acquitted them- selves in a very satisfactory manner. Tie eighth annual picuic of the New York Caledonian Club took place yesterday, whea two thousand people participeted in one of the most enjoyable picnics of the wh train on the Erie Railroad was thrown from the track by a broken rail, near the town of Deposit, about five o’clock yesterday morning, and about twenty-five per- gona were: injured, though only one of them, Sergeant Jackson, of the Ninetieth Lilineis regiment, it isthought dangerously. To-day, between twelve and one o'clock, ia the time fixed for the execution, at the Tombs, of Charles H. Walters, convicted, in the Court of Genoral Sessions in February last, of murdering Nancy Elizabeth Vincent, on the 27th of November, 1863. Smith J. Eastman, a rosident of Brooklyn, and the leading member of the firm of Eastman & Co., provision dealers, of this city, has suddenly and mysteriously dis- appeared. He has not been seen by his business ac- quaintances since last Saturday, and the supposition is that he left fur Europe on that day, without giving notice to his creditors. It is reported that he carried off with him about half a million of dollars. John Kroger, keeper of s drinking place at 715¢ West streot, was instantly shot dead yesterday forenoon, in his barroom, by a pistol in the hand of John Ferner which the two wore at the time examining. A coroner’s jury decided the shooting to have been accidental, and Ferner, who had given himself up to the police, was discharged. The police magistrates made the following among other commitments yostorday :— Andrew Nickay, charged with burglariously entering and robbing a Bowery lager Deer saloon, and also with attempting to steal a watch from Win. Bischoff; John Foleran, on charge of attempt- ing to pass a counterfeit five dollar billom the New Eng- Yand Bank, of Boston; Henry J. Ingraham, Ca- nadian, charged with stealing a box of ribbons, worth one hundred and eighty dollars, from a store in Canal street; Henry Beachman and bis wife Lona, charged with keep- ing a disorderly house at 08 Prince street, and thirteen females and twelve orales found in the place, San Francisco despatches report a fire in that city on last Sunday night which destroyed about one hundred thousand dollars worth of property. The town of Brown’s Valley, Yuba county, California, bas beon almost totally destroyed by fire. The stock market was very dull yesterday, and with- out any material chango of quotations Govornments were quict and on the whole steady. Gold opened at 1424, closed at five P. M. at 142, and at night at 141%. Thero was no material change in the commercial situa- ton yosterday. Inthe absence of amy radical change in the gold quotations, commercial values remained with- out important change, as a goneral thing. Imported merchandise was quict, eave in a few capes. There was vory little speculativg feeling, and very little was done except to meet the legitimate requirements of trade. Domestic ace wae in domand, and full Priceg were lized,, while in some instances A slight improvement was ostablished. Groceries were | qtondy. Cotton was heavy. Petroleum wae pleady and NEW. YORK HERALD, FRIDAY, JUNE. 23,, 1865., in fair demand at full prices. “On "Change flour was firm ‘and about Se. beter, Corn was 20.0 8°. biter. Wheat was lo. better, with a fairdemand for export. Oats wore about le. better. Pork was trregular and prices varied from $24 50 to $25, closing at the outside prices. Whis- key was dull and prices were unchanged. A New Revolution and War Inaugurated ‘im Boston—Tho Jacobins at Work. The leading apostles of the radical disunion agitating factions of the North have just had a pow-wow in Faneuil Hall, Boston, and have appointed « committee to inaugurate another revolution. This gathering marks another step in the scheme set in motion by Chief Justice Chase just before his departure for the rice fields of the South. It develops more fully their plan of action, and enables us to see more clearly the intent and purpose of these Northern traitors. Long before President Johnson had announced his policy of reconstruction, the radicals, under the lead of Chase and Sumner, commenced a crusade in favor of universal negro suffrage, and endeavored to stir up a spirit of insubordination among the emanci- pated slaves of the South. As the practical and constitutional plans of the President for the reorganization of the Southern States were developed step by step, these Northern dis- unionists grew bolder and bolder. The fanati- cal clergymen began their agitation from the pulpit. Wendell Phillips, the high priest of the late abolitionists, threatened repudiation; and the Tribune followed with the declaration that the negroes would be disloyal if they were not allowed to vote. Thus the scheme progressed until, finally, Governor Andrew, failing to se- cure a position in Mr. Johnson’s Cabinet, out of spite, united with the radical conspirators in opposition to the President, and called a meet- ing in Faneuil Hall to perfect the revolutionary programme and take the initiatory steps for a social war. This gathering assembled in Boston on Wed- nesday, and was addressed by such agitators as Theophilus Parsons, Henry Ward Beecher, R. H. Dana and Senator Pomeroy. If there was any doubt as to the disorganizing and revo- lutionary intention of Chief Justice Chase’s letter to his Western friends, or in his speech to the freedmen of Obarleston—any unceriain- ties as to the meaning of Senator Sumner’s advice to the North Carolina negroes, in the threats of repudiation by Wendell Phillips, or disloyalty by the Tribune—those doubts and uncertainties are removed by the temper of the meeting and character of the utterances in Faneuil Hall. This makes the chain of evidence complete, and fastens upon the radicals of the North a disunion programme as dangerous to the country as the late Southern rebellion. It convicts the radical leaders of an attempt to inaugurate a war between races upon the heels of our late civil war. It conclusively proves a determination to incite a social or negro war, and thus distract and disorganize the country, as well as materially delay its recovery from the effects of the monster Southern rebellion. The public are, however, thankful that the radical disorganizers have thus early announced their programme. To be forewarned is to be forearmed. The administration now under- stands their purposes, and can proceed ac- cerdingly. Nor is it probable that the people will sit idly by and permit the same class of Puritanical agitators who inaugurated the cru- sade against the institution of slavery, and thus forced the South into rebellion, ending in a long and bloody war, to incite another insur- rection. They will not be inclined to see these men, Pharisee like, glory in their self-righteous- ness, and incite a social war, after the enormous sacrifice of life and expenditure of treasure in the suppression of the rebellion, which had its first inception in the anti-slavery tion of this same se: of men. Nor need they for a moment imagine that the country will stand another war brought on by the same set of men who stirred up and incited the other. It will be well for them to bear this in mind at the outset. But it appears that these Jacobins grew elo- quent in behalf of negro voting. One gentle- man declared that the government should hold the Southern States in military posseasion and give the negro the right to vote by military au- thority, thus overriding both law and constitu- tion. Another argued that the “war is not over yet, and that the whole country to-day is in the attitude and state of war.” Grant that such is the case. Let us concede that the country is in a state of war, and that we are subject to mili- tary rule, as these Jacobins claim. What, then, is the position in which they have placed themselves before the country? If we aro ina state of war so much the more necessity of the President’s marking out a line of policy on which to conduct the nation to an eatly peace. If the country is in an attitude of war the Pre- sident is the. commander-in-chief, and those who oppose his announced policy and attempt to defeat or frustrate it give aid and comfort to the enemy, and are as much traitors as those who take up arms against the government. These Jacobins are, therefore, convicted out of their own mouths, and are fully as amenable, according to their own reasoning, as were the Northern secessionists, who, in every way in their power, aided and abetted the rebels in arms. This being the case, the duty of Presi- dent Johnfon is plain. He has no other ulti- matum but to arrest the whole party engaged in uttering disloyal sentiments in the Faneuil Hall meeting for stirring up and inciting in- surrection. They were, by their own showing, inciting mutiny among the emancipated slaves, and trying to secure the united hostility of the éolored race to our military authorities. They sre thus attempting to bring another element in, to prolong the contest and add to ita present complications a warof races. It is clearly the duty of the President to arrest these disunion- {sta and incarcerafe them in Fortress Monroe in cells alongside of Jeff. Davis. The people demand this much of Mr. Johnson before their insurrection programme assumes more formid- able proportions. Recoxstrocrion om Sovran Oaroimna—This State, having been the first and the most rampant in rebellion, will probably be the last to receive the benefits of reconstruction. All the other Southern States will in « short time be under civil ralg again, while South Carolina will be suffered to undergo ® yoar or 80 probe- tion before Gho can be relieved of military domination, That is the proper government for her ‘at the present time; for it is a question whetber a sufficient number of loyal and trast worthy white natives can be in the State to fill the civil offices, Therefore the Palmetto State will probably have to be content for the prosent with military rule. General Gurney, we understand, makes a vary goog military post commander, Seoretary McCulloch and Jay Coohe- The head of the Treasury Department ecems to be not only a practical financier, but a politi- cal philosopher, who thoroughly understands the history of finance, the necessities of the country and the proper mode of relieying the people from the burdens which the war has imposed upon them. The tail of the Treasury Department—My. Jay Cooke, of Philadelphia— seems to be a financial charlatan, a perfect quack, who sees nothing beyond his percent- ages upon the sales of government bonds, and has no ideas above his business as a broker. ‘These facts are abundantly proven by Mr. Jay Cooke’s circular, attempting to show that the national debt is a national blessing. This cir calar is calculated to do the national credit so much harm, at home and abroad, that we con- elder it worthy of the serious attention and explicit disapprobation of Secretary McCulloch and the government. It has been suggested that if the national debt be a national blessing, then the greater the debt the greater the blessing—an argu- ment which would justify the most lavish ex- pendifure on the part of all officials. Another view of the case is, that if the debt be a bless- ing, then the rebellion which caused the debt was also a blessing—by which logic Mr. Jay Cooke is at once written down a copperhead of the worst kind. But we can reach the same conclusion in several other ways. Mr. Jay Cooke advocates the debt upon the same ground that the recent rebels advocated slavery, viz, that it is a divine institution, and as such ought to be continued. Nor is there so very great a dissimilarity between tho national debt and the system of slavery. Un- der slavery three or four hundred thousand slaveholders lived upon the labor of four mil- lions of blacks. Under the national debt three or four hundred thousand bondholders are to live upon the labor of thirty millions of whites. The internal revenue officers are to the debt system what the overseers and drivers were to the slave system. Slavery created a secession aristocracy, and the national debt will create a stockjobbing aristocracy. This is Mr. Jay Covke’s quack philosophy, and it is the philo- sophy which he seeks to palm upon the people. Fortcnately, however, Secretary McCulloch endorses no such charlatan notion. He regards the debt, no? as a national blessing, but as ® necessary evil, which we could not very well avoid, under the circumstances, but which we should now get rid of by paying it as soon as possible. Whether he will do this by means of a sinking fund, the issue of new bonds at a reduced rate of interest, by subscription or by an effort to redeem the present bonds promptly as they fall due, is perhaps not yet determined. But, at any rate, the Secretary is firmly con- vinced that it is as wrong for the nation to be in debt as for a man to be in debt. He would as soon think of re-catablishing and continuing slavery as of making the national debt a per- manent institution. Our comparison of the national debt with slavery is the result of Mr. Jay Cooke’s own line of argument. When we find him adopting the same sort of religious slang to defend the debt which Southerners used to employ to defend slavery, the idea at once occurs to us that if you substitute bond- holders for slaveholders, and whites for blacks, you have pretty much the same results from one system as from the other. The laboring man, who toils in cold and heat to provide the extra money which the tax gatherer demands, is no more to be envied than the negro who la- bors under the lash to fulfil the demands of the overseer. The profits of the work of the white man, under one system, and of the black man, under the other system, go to maintain in affluence and luxury an aristoc- racy which owns the laborers; for, as Mr. Jay Cooke will tell us, the holders of the national debt have a mortgage upon the bodies of all the working men in the land, just as the slave- owners had mortgages upon the bodies of the blacks. Secretary McCulloch, we say, cannot, and does not, consent to such sham financial philosophy, and will not approve of Mr. Jay Cooke’s circular. But if the Secretary of the Treasury does not approve of Mr. Jay Cooke’s procecdings, he cannot help disapproving them. We shall ex- pect, therefore, to see Mr. Jay Cooke removed before long and some more competent agent ap- pointed. He has evidently shown himself entire- ly unfit for tho position he holds. His circular will do us more harm abroad than the loss of a battle. Foreigners do not understend, as we do, that the Treasury Department is not bound by anythitg which Mr. Jay Cooke may say, write or publish. They look upon him as the recognized government agent, and his circular will come to them with a certain authority. Those persons in Europe who have invested in United States bonds have dono so because they sincerely believed that this country was able to pay its debts, Now they are informed by a circular, which is apparently official, that we never intend to pay the national debt at all, but that we regard it 9s a blessing which must be eternally perpe What will Euro- peans say when this government places some new bonds upon the market? With what grace can we ask them to lend us money which we tell them that we shall never repay? Unless Mr. Jay Cooke’s charlatan theories are sum- marily and emphatically disavowed by the national authorities, the Earopean market will be practically closed against our bonds. The most inveterate rebel, the most venomous cop- perhead, could not have inflicted so severe and cruel a blow upon our national credit. Our foreign enemies will geize upon Mr. Jay Cooke’s olreular asa wesp6n against us. Nor do our own people regard with complacency the pros- pect of interminable taxation and the ptomise Of @ stock jobbing aristocracy. No one can make a debt popular by declaring that it will ‘uever be paid. Mr. Jay Cooke is a pretty specimen of the disciples of ex-Secretary Chase, who appointed him, and he ought to have been removed with his master. There is a comic and a serious view of his circular; but if,in the one light, we have shown that it is ridiculous, in the other light {t appears equally odious. Secretary McCulloch, who is a practical finan- cial philosopher, should the Phila- delpia charlatan without delay. Mn Jay Cooke has realised several millions of dollars by his patriotic agency; the national debt has indeed been a blessing to him, and he can now thank Providence and count his gains in a merited obscurity. ; i A New Democaatio Parry om New Yors.— ‘The voting population in New York city amounts to some one hundred and _ twenty thousand. Of these from seventy to eighty other class. Yet it is a angular fact leaders of this demooratic rank and always been the worst foes the Union and the most base and obsequious toadies to the power of Jeff. Davis. We allude to the Tammany, Mozart and Gunther factions. There one issue during the war, and the war, This issue the bulk democracy maintained until it an issue by the close of that the war is over, it who have been working for rel machines—the Tammany, Mo- Gunther factions—to cut loose from copperhead and secession leaders, and organize a new democratic party that will sweep the island from the Battery to Spuyten Duyvel creek. Let them come out in favor of Andy Johnson, oppose the Boston Jacobins, organize upon an independent basis, and they will soon get the nigger worshippers and.their influence out of the Custom House, out of the Internal Revenue Department, and out of all those departments of the government where they have found place, pickings and plunder according to the hue of their politics. Now is the time for the rank and file of the democracy of New York—seventy or eighty thousand strong—to come out, organize, fight and con- quer. EFEESEA iftitegs J thd Pat New Mode of Defendi: Assassination and Treason. The News declares that the trial of the mur- derers of Mr. Lincoln by court martial is a usurpation of power, and it threatens the mem- bers of the court with “the legal consequences of their illegal action.” Its words on this point are:—“If they take a single human life; if, by their ager of the human family, entitled to the @ our laws, perishes upon the scaffold, ust answer for it as criminals in this ‘answer for the crime of murder.” But there is yet one means by which the members of the court may avoid seh a fate, and the News tells them: what it is in these words:—“Thus far the Military Commission, though in daily transgression of the law, have not consum- mated the ulterior and more tangible wrong that is involved in the result of their perse- verance in unlawful assumption of authority. They have as yet done nothing that cannot be atoned for by the renunciation of their usurps- tion and the surrender of their functions to the tribunals that have jurisdiction.” They havd violated the law. They are in the way to commit murder and not to punish it; but if they will only let up—if they will quash all these proceedings that look so dangerous for Surratt, Payne and Company, then it will be all right, and Ben Wood will dismiss them with his pardon and the kiss of peace. That is the point of the whole matter. The President was murdered and his mur- derers were put upon trial at a time when 9 state of war still existed in the country. His murder was one of the‘acts by which the rebels proposed to carry on the war; and the money that paid men to do that murder was ap- propriated. by the rebel Congress, and came out of the pockets of the same taxpayers who contributed to equip the rebel army. It was an act of the same class with the border raids, the hotel burning and the draft riots; anda military commission is the only proper one to try it, just as. military commissions were the only proper ones to try Beale and Kennedy. It was not the common outrage against society that civil courts are appointed to try. It was a brutal, barbarous, diabolical act; but it was an act of war consistent with the character of the rebellion, and it was aimed at Mr. Lincoln, not simply as a citizen, but as the President of the United States and the commander of our forces. All this, of course, the News knows very well; but its assault on the court is merely its defence of these murderers. To defend them openly would be to go too far even for the News. Extravagant as it has always been in defence of the acts of the rebel government, it dare not just now go so far as to defend these murderers openly; but it chooses this plan, and assails the court in the expectation that it will in that way spread the notion that these men are tried unjustly. It hopes by these means to excite the public in their favor as persecuted men; and by-and- by it willbe able to assert thatit was not only unjust to try them in that way, but to try them at all. It may, it hopes, start a current of sympathy in their favor; and who knows but that current might even reach Jeff. Davis. Such is the whole plan and purpose of these assaults made by the News on the court martial. It is not strange that the News should make these assaults, and thus endeavor to shield tho criminals, because it was retained and paid to do this very thing by the same men who paid others to carry out. dil it parts of this great plan of murder. It has had its fingers in the same purse that Booth’s fingers were in; and it is to this very hour active in that causo and keeping its contract. It is not strange that the News should thus cover the assassins, and per- haps it is not so very strango thatthe World should; for, though the World is not so deep in the business, Barlow’and Belmont have their affiliation that way. They may also have blun- dered in this as they have on so many other points. But how is it that the republican pa- pers, those blind leaders of the blind, pursue the same course? There lies a mystery. How is it that some of the republican papers, so loud in their lamentation of Mr. Lincoln and the denunciation of his murder, now lend their assistance to @ scheme whose purpose is to shield these murderers from justice? What does this mean? Preswert Jounson’s Reconsrrvcrion Po- wucy.—President Johnson is working most 9% siduously and in the reconstrae tion of the South, and is bringing back the late rebels to their oonstitational He {a working better in the South then in the North in this labor, strange aa it may seem. The Southern people are falling into the loyal line with @ rapidity and never known under similar The only obstruction to the wise and const tu policy comes from the Jacobin element pry ema his own officeholders. The officials of the Oustom House and the Internal Revenue t are in league with the Jacobin crew to throw obstacles in the Presi- dont’s way and raise « row about negro suf ‘The retarn of the Southern people to their allegiance end their former prosperity will he speedy and cay if the officeholders and Face! bing put o> obstruction in the way of the Pre .' “ sident’s plans, as they seem determined to do.-, President Johnson ought to look to these. manceavres, and relieve himself of the incubus by clearing out the whole Custom House. He should also look after the Internal Revenue Department, or else it will become, and; in fact, is fast becoming, as rotten and corrupt as the city government. Several members of the Corporation have already got in there, and * they are introducing the honest practices of the Corporation into the Department of Inter nal Revenue. Ho! vor Fort WamREN.—They are getting ap @ Jecobin party in Boston, and it is very pro bable President Johnson will have to serve them as his predecessor had to serve come Charleston rebels—clap them in Fort Warren if they do not behave themselves. NEWS FROM THE PAciFC COAST. ——— Destructive Fires in California—Mexiean Loan—Union Delegate to Congress Hlects ed in ashington Territory—Indias Outrages im Arizona, &eo. San Francisco, June 16, 1868, Forty-one prisoners, who were turned over to the United States District Court by General McDowell, have Deon released on taking the oath of allegiance. They wore charged with treasonable utterances, generally with rejoicing in the assassination of thé late President Lincoln. Afire at Placerville to-day consumed about $10,008 worth of property. San Francisco, June 17, 1865. A fire at Sonora to-day destroyed property valued af nine thousand dollars, The agents of the Mexican Republic have put «loam upon the market for ten millions of dollars, ‘The woek has closed quietly in commercial circles. ‘The volume of trade in general merobandize is light, In the produce market the tendonoy Is to a lower rang® Prospects of an early supply of new wheat are creating 6 desire among holders to realize, Capital is abundam& Rates of interest have a lower tendency. The stoamor Constitution sailed to-day for Paname with 576 passengers and $1,520,000 in treasure, of whiok $785,000 go to New York. Sax Francisco, June 19, 1968. ‘A fire in this city last evouing, at the foot of Market street, between California and Sacramento streets, io stroyed twenty-five buildings; loss $100,000. Maay families wore rendered houseless, ‘the town of Brown’s Valley, in Yubs county, hag been almost entirely destroyed by fire. ‘Tho steamship Sierra Nevada, from Portland and View toria, brings $228,000 in gold, and favorable nows froaq the mines. New gold discoveries on the Upper Columbia are reported. ; ‘The people of Victoria had been deceived by a bogag telegram from New Westminster, describing the execu ing of Jefferson Davis and Breckinridge for treason, ond the papers commented on it at length, the Colonist be- lieving and the Chronicle doubting it. The election in Washington Territory 1s reported te have resulted in the success of Denny, the Union candi- date for Congressional delegate, The last election was carried by the democracy. Later advices from Arizona report more outrages by the Apaches. Troops from California would soon be om their track. A despatch from New Westminster, British Columbia, states that the poles for three hundred milesof the Rae sian telegraph line were on the ground. Arrived 17th, ship Revere, Mandinto, Cleared 19th, ship Favorita, Boston, OUR RETURNING VETERANS. WERMONT TROOPS. The following detachments arrived at the Battery Ba» racks on Wednesday night, and left for home yestem day:—Second Vermont, 157 men; Third Vermont, 0& Fourth Vermont, 164 men; Fifth Vermont, 116 men; Sixth Vermont, 140 mon. These troops weed under command of Lievitenant H. 8. English.. THE SIXTERNTH MASSACHUSETTS BATTERY. ‘This battery, numbering one hundred and forty mem, under command of Captain H. D. Scott, passed throag® yesternoon, bound to Readville, Mass. THE TWENTY-FIFTH NEW YORK OAVALEY. ‘This regiment, which arrived on Wednesday, left fea Hart’s Island yesterday afternoon, where they will be paid off and mustered out of service. THE THIRTY-SEVENTHE MASSACHUSETTS. This regiment may be expected here at anearty hows to-day. A despatch was received by Colanel Howe atating that they bad left Washington at one o’clook yes terday, THE ONE HUNDRED AND THIRTY-NINTH (BROOR* LYX) R&GIMENT. ‘This regiment, which was raised in Brooklyn, ané went out under command of Colonel Conk, arrived home yesterday afternoon. The men camo on board the steamer John Brooks from Fortress Monroe, and were landed in Brooklyn at four o'clock in the afterncom Colonel Roberts returns in command of the One Hum dred and Thirty-ninth. Brooklyn may feel epee of this james organization. It was inthe Army of the its entire term of service, and Gy the first ments to enter Richmond when that city capitulated. TOBACCO AND UNDERSHIRTS POR THE SOLDIERS. Col. Howe received from the Sanitary Commission for distribution among our returning soldiers one hundred dozen papers of tobacco and a large number of unde» ahirte, Ratgers Female Institate. TWENTY-SIXTH ANNUAL COMMENCEMENT. The twenty-sixth anniversary of the Rutgers Female Institute took place yesterday afternoon at the Tabernacle church, in Broadway. The sacrod edifice was filled with & most brilliant audience of young ladies and gentle men, who seemed to be deeply interested in the pe» formance of the exercises selected for the occasion. ‘The Principal, Mr. Pierce, whose classic features end amiable manners have endeared him to the young ladies witoso education is mainly due to his exertions as thely instructor, is a man of considerable talent, as the pre ficiency of his pupils fully attest. The exercises were commenced by the singing of @ hymn, in which the young ladies displayed a perfeet whi ly credita Sins ibnocives and to howe who have bed the super 1. on his manly brow; No cares, 00 jurb the KeghmaTatttgte at Genoa Son owen 1. Yocrowds on. Your and murmurs rales the grea Seas to mn praise; esr is and trees eae ee an gratetal breees, Bear rah Sct or rma» his words that will not die, . Side Sete or'd Talay, the theme of proad his Jentbioes fammey young vod beauty of their toilettes being spcond tiateainocrany ie a at whioh the young ledieg ‘formed

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