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: NEW YORK HERALD. JAMES GORDON BENNETT, OFFION N. W. CORNER OF FULTON AND NASSAU STS. Volume XXX. No. 227 New York. Wednesday. Ausust 16, 1865, NEWSPAPER CIRCULATION. Reooipts of Saics of the New York Daily Vewspapers OFFICIAL, Year Ending YVame of Paper. Mo 85, I irre oe ur ha tenes toaceete $1,0 00 5 GARNER pgs a Sr: By fre ae ,150 Tribune. p00 Evening Post 169,427 World 100,000 Sun... 151,079 ‘KE 90,548 | ‘New York Henan. 1,095,000 Timos, Tribune, World and Sun combined. . 871,229 ADVERTISEMENTS FOR THE COUNTRY. Advertisemonts for the Weerty Hrratp must be handed in before ten o’clock-every Wednesday evening. Its cir- culation among the enterprising mechanics, farmers, «merohants, manufacturers and gentlemen throughout the countey is increasing very rapidly. Advertisements in- verted in tho Warxy Heranp will thus be seen by alarge portion of the active and energetic people of the United States. THE CABLE. Addittonal discouraging news in reference to the At- lantic telegraph cable has reached us. The schooner Firet Fruit, which arrived at Harbor Grace, Nowfound- land, on Monday of this week, communicated with the etoamship Great Eastern and her consort, the Terrible, on the 6th inst. Thecable parted on the 2d inst. at a potat about six hundred miles from the New- foundiand coast, and a beacon buoy had been anchored where i: was last seen. Up to the 6th instant the tolographic fleet was still in the vicinity, with hopes of being able to recover the cable, renew the con- nection and continue the work of laying; but it does not ‘appear that full confidence of success was entertained. As an Hiustrative accompaniment of our despatches and sketches, wo this morning give another map, which will ‘enable our readers better to comprehend the progress ‘which tho enterprise had attained at the time of the oc- currence of this last reported hitch. THE NEWS. ‘Tho steamship Mississippi, which arrived here yester- ‘day from New Orleans on the 9th inst., brought our ‘despatches from that city and Texas, containing interest ‘Wing intelligonce. It is said that the War Department ‘ordor directing the discharge of certain troops in Texas will not matorially diminish the force in that'Btate. Some Cuptaoe particulars are given of the arrival * Austin of ‘ehe national cavalry column under General Merritt, now a its march to the Rio Grande from Louisiana. We have ‘Already, published the announcement of its arrival at San Antonio, a considerable distance further on than Austin. ‘The gepd conduct of the troopers was highly spoken of, ‘and (ey wore generally well received by the inhabitants. Dr. Peobles, the newly appointed Collector of Customs for Galveston, had arrived at that place, and would shortly open the Custom House. A theatre, said to be the only one now in Texas, has been lately opened at Gal- ‘veston. Affairs on both the Texan and Mexican sides of the Rio Grando wore quiet at the date of latest advices, Two colored eoldiers were oxecuted at Brownsville on the 29th ult for outrages on females. An cntire division of the ‘Twonty-fifth corps (colored) paraded on the occasion, and the appearance, discipline aud deportment of the ‘troops formed the thome of enthusiastic commendation on the part of both Texan and Mexican spectators, great mumbers of whom were present. Cortina, with hie force of republicans, still hovered around Matamoros, but had NEW YORK HERALD, WEDNESDAY, AUGUST? 16, 1865. laborers. A communication was received frow Governor | Reorganization of the Seuth and Biecom~ Fenton oxproasing thanks for resolutions adopted by the Board approving his conduct in reference to certain city matters. » Tho United States steamship Mevoor, Captain KE. Kem bie, will sail to-day at 3 P.M. for Now Orleans from pier No. 9 North river. Tho mails will close at the Post Oitice at half-past one P, M. ‘The Meteor is a new vessel, and will be quite an acquisition to the Cromwell line. The steamship Kangaroo, Captain Bridgeman, of the: Tninan line, will sail to-day at noon for Queenstown and Liverpool, from pier No. 44 North river. In the United States District Cotirt vesterday, before: Jedge Betts, Assistant United States District Attorney, 5S. 6. Courtuey filed decroes of condemnation against two cases marked W. & Co., containing cavalry boots; also t one trunk marked W, 1. M. Cormack; also | ants appeared, Mr, Clarkson appeared fer the United States District Attorney and filed a decree of con- deiauation and sale against four cases containing tobacco aud twenty-eight thousand cigars, tmportod in breach of the forty-cighth section of the [nteroal Revenue laws, Astounding disclosures in Wall street matters are now y. Financial circles and the city gene- yesterday by the alleged stupendous Ieation, to an amount variously estimated at from eight hundred thousand to two millions of doliars, of a member of the well known. bankiig firm of Ketchum, Son & Co. The suspension of that house was announced éarly in the day, and was followed by the closing of the establishment of Mr, ” Charles Graham, brought about by’ bis connection: with the former firm. It is supposed that the missing money Was procured by abstracting securities and by issuing fraudulont gold certificates, The alleged defaulter is E. B. Ketchum, a young man of twenty-five, and a son of the senior partner of the house. He was last seen by his acquaintances on last Monday afterncon, carrying with him an enormous amount af bank bills, and it is supposed that he has absconded. He is a mar- ried man, lived in Madison avenue, and has also a summer residence in Connecticut. It is reported that he left behind him a letter confessing bis guilt. A num- ber of banking establishments are losers by the defalca- tion, The above mentioned development, added to that in connection with the Phenix Bank and othors which bavo been recorded-in our columns within the past few days, caused a panic in Wall street, Stocks fell rapidly, and railroad shares suffered a decline of five to ten percent. The loan market was quiet under the excitement, and business was almost entirely suspended. Gold was weak, but did not vary much from the quotations of the pre- vious day. The closing price at night was 1414¢. ‘The examination in the Phenix Bank defalcation case, which was to have been inaugurated yesterday, at the Jofferson Market Police Court, was again postponed, and will be commenced on Monday morning at ten o'clock. Jenkins, the accused teller, appeared greatly depressed, and maintained a strict reserve, in obedience, no doubé, to the instructions given him by his counsel. Jeremiah Townsend, assistant cashier of the Townsend Savings Bank, in New Haven, Connecticut, who, it is alleged, absconded with about one hundred thousand dollars belonging to that institution, in May last, and was recently arrested in Liverpool, England, by two Ameri- can detectives, is on board the steamship Etna, now due at this port, whence ho will be taken to New Haven for trial. Nearly all the stoten money has been recovered. The supersedure of Mr. Simeon Draper as Collector of this port by Hon. Preston King continued the subject of much conversation and speculation yesterday, We give in another column a very interesting collection of facts and reports in reference to the matter. The Housatonic River Railroad, in Connecticut, was the scene of a dreadful disaster yesterday. A passenger train, by becoming disabled, was delayed, and was run into with such fearful violence by a new locomotive out on a trial trip, which demolished several of the passenger. cars, dashing entirely through the hjndmost one, and, on reaching the second one, exploded, killing ten persons and manghng and scalding about seventeen others. The coroner's investigation in reference to the death of Mr. John F, Westlake, who lost his life by the explosion on board the steamboat Arrow, on the North river, on the Sth inat., was commenced yeslegday, and, after con- siderable testimony had been taken, was adjourned till The boat is about thirty years old. Mr. ‘mith, one of the owners, was among the wit- xamined, | { i neseet ‘ Policeman Thomas Walker, of the Twenty-ninth pre- cinct, was zhot throuch the head about two o'clock yes- terday morning, in Seventeenth strect, near Seventh avenue, by one of a party of young men whom he and another officer were endeavoring to take into custody for attempted violation of the person of a woman, and died from the effects of the wound about four hours after. A man named John Ward, who, it is supposed, fired the fetal shot, and severel of his companions, were arrested and committed, Acoroner’s investigation took place in Hoboken yes- terday of the mysterious circumstances connected with ‘Yet mado no further attack on the town, and it was not supposed that he would, his numbers being too insignifi cant. A Matamoros paper revives the story that ex-Sen- ‘etor Gwin is at the head of the imperial government of the Mexican State of Sonora, At an annual salary of sixty thousand doliars, but without any ducal or other noble title. | ‘Mere wore rumors in Macon, Georgia, and Nat-hez, Miasiasippi, in the early part of this montb, that the ne- Groce at those places and if the vicinity contemplated an insurrection; but they received little credence. ' ‘The Raleigh Standard, the organ of Governor Holden, ‘ot North Carolina, lays down as landmarks for good Union mon, among other things, an unconditional and +@hoorful submission to the national government, the in ~gortion in the State constitution of a clanse forever pro- ;"Inibiting slavery, the prompt non-recogniticn of debts ‘contracted by the State in aid of the rebellion, and un. “qualified opposition to negro suffrage. ‘ ‘The stoamsbip Montezuma arrived here yesterday, + from Kingston, Jamaica, on the 7th inst. The news ‘Drought is not of importance. The Governor was the *-wubject of much abuse by the newspapers of the island for various offences which he bad given. Among other ‘things ho wis soverely blamed for having allowed the * @x-Queen Emma, of the Sandwich Islands, to ‘pase through Kingston, on her way to Kpgland, without any @ffcial recognition. A reply from Queen Victoria toa /s petition of the Jamaica laborers complaining of their dis- ‘tresses had been received, in which they are advised that M@tuey must depend principally upon their own industry + Stor an improvement of their condition. { steamship Alhambra, Captain Benson, from Savan mah on the 12th inst., arrived at this port last night Hor nows, theugh interesting, coutains nothing of parti cular importance. ‘The Maine Democratic State Convention met in Port- - tand . There were pyecent five hundred and + geventy-four delegates. Mr. E. F. Pillsbury, the tempo- + rary chairman, in his address said that an attempt ie being made to destroy State sovereignty, which the domocratic party must frustrate. He also said that but for President Johnson its destruction would have been nccomplished at all hazards. This latter expression was received with great applause. The resolutions adopted ‘wore in consonance with the spirit of these remarks Hon, James Howard, of Portland, was unanimously nominated as candidate for Governor. ‘Tho Halifax (Nova Scotia) Colonist states that Mr Cardwell, the British Colonial Secretary, acting in con cert with the Foroign office, recommends the formation ‘of & Confederate Council at Quebec, to be presided over by the Governor-General, and to consist of representa tives of the British Provinces, The object of the counct! fe to make suggestions to Her Majesty's government in roference to commercial treaties—and, of course, with spe- pial reference to the Reciprocity treaty, On thissame Bub: ject of the Reciprocity treaty, a report was circulated in Quebec on Uhe 13th inst. that the Canadian envoy, Mr. Galt, had roturned from his Washington mission with n¢é more puccess than a promise to refer the consideration of the Reciprocity treaty to @ commission appointed by Con ggrens to invostigate the financial condition of the repub. dio. Mr. Goward, it Is said, strongly opposes a renewal of the treaty. ‘The Canadian Judge Coursol, of St. Albane raiders nototioty, has been summoned by telegraph to Quebec ‘ft is supposed that he is about t be reinstated in the office from which he was dismissed, A apecial meeting of the Board of Supervisors was heid yosterday. A resolution in favor of appropriating seventy thousand dollars ‘to defray the expenses of taking the conaus was offered, discussed and defeated. One mem- hor stated that the work is being miserably done, and that it will represent the population of our city as only about seven bundred thousand, { ully fifty per cent below what it really is. A resolution directing the Comptroller 40 pay tho city’s one-half of the bills for erecting Harlom Bridge was introduced and referred. Twelve thousand Aellare wore aopropriayed to pay the ug Qqurt House the death of Miss Ellen Owens, recorded in yesterday's Heratv. Her death resulted from poison, which the jury were of opinion was administered by herself. ‘A.W. Nathans, formerly a bounty broker, on whose evidence, it is said, Supervisor Cheshire, of Kings county, was convicted by the military court which tried him, was yesterday arraigned in a Brooklyn police court, and required to give bail to answer a charge of having, in September last, defranded a volunteer named Theodore Lewis Yesterday was the anniversary of the Assumption of the Virgin Mary, and was strictly observed in the Catholic enurcbes in this city, a8 well as elsewhere. The ninety-eizth anniversary of the birth of.the first Napoleon occurred yesterday. It was appropriately re- vognized by French residents and sojourners in this city. Ali the’Eyench shipping in port was decked with extra bunting. At-noon a salute was Sred.on board the French naval vessels, and the natives” of la belle France generally ob: 4 the ‘occasion as ‘a holiday, and en- joyed themselves in various ways. : It ig reported that Mrs. Adelia, E. Sayers, of New, Haven, Conn., who has been in this city forvome time past, undergoing modical treatment, has within the past fow days been drugged and ubducted by some scoundrel, who bas confined her in a house in the vicinity-of First avenve and Seventy-ninth street. The case appears to be very mysterions, and is receiving the attention of the pole, Sixteen vessels of the New York Yacht Club squadron arrived at Holmes’ Hole on Saturday last and left that place on Monday for Boston. Another auction sale of government vessels took place at the Brooklyn Navy Yard yesterday. Eleven, com- prising both steamers and sailers, were diepoxed of. The attendance was large, the bidding animated, and the prices obtained good. Mr. P. 8. Forbes, the contractor for the engine of the steamer Algonquin, in a communication to the Secretary of the Navy which we publish this morning, protests against the action of the Steam Engineering Bureau in reference to the matter. Ii was intended to commence the trial in Washington yesterday of Captain Wirz, keeper of the Andersonville prison pen in which national soldiers endured so mach safforing; but it was postponed till to-day. Ford's theatre, in Washington, in which President Lincoln was assasainated, ig. balmy converted by govern- ment intoa fireprost Waltdine, to be used as a depository for the archives of the late rebel confederacy A convention of the National Teachers’ Association will assemble in Harrisburg to-day. Many delegates had already arrived yesterday, and it is expected that the attendance will be very numerous. The Iowa Democratic State Convention is to be held at Deg Moines on Thursday, August 24 The Diocesan Convention of the Protestant Episcopal Church of Western New York will assemble at Rochester et vee to-day, Bishop Coke Ts Us preside, “2 large attendance of delegates is expected In commercial circles yesterday everything was un- settled by the exciting nows in Wall stroct. The ropotts of bank robbories, forgeries, failures, &c., followed each other in quick succession, and each evinced great exvite- mont, which seemed to grow more and more intense as the extent of the disasters becanre more generally known. Business was nearly upset, everybody being on the look- out for a gold panic and large fluctuations in prices of xold and merchandise. Prices of nearly every kind of merchandise—foreign and domestic—were nearly nomi- hal. We refer to our commercial colamn for particulars. ‘The supply of beef cattle on the market this week was enormous; but prime cattle nevertheless sold at full Prices—170. a 174. Poor cattle were lower, some as Jow as 10¢., and from that up to 160, Cows wore steady. Veale fold at from fc, to 126, Sheep and lambs were rather lower, but some choice ones sold bigh; prices varied from $5 60 to $9 2 $9.50, Hogs sold at 11340. @ 126, The total receipte wore:—6,761 beeves, 101 cows, 1.457 Venls, 18.989 sheen and Inmbe, and 13240 bows, A Paosecren New House.—We un- the Souther States ocoupy the vacant chairs __ struction fm the North. around-the family board of ¢he ation, and will | derstand that a number of gentlemen held a President Johnson has placed the machinery support any measure which President Johnson moeting the other evening to take @ounsel con- for the rehabilitation of the South in operation, may consider best to adopt to put down the cerning the erection of a new oper house in and now finds tine to attend to the necessities | gisorganizing clement of Now Magland. Onc | some central part of the city, to take ‘the place of his position im the North. The Provisions} | thing te must do, and that witlsput dolay— | of the Imilding im Irving place, which is entire. Governors have been all appointed, and are | progk up the Jacobin cabals, or they will pre- actively engaged, im their respective States, in } vent the anceces of his administration. restoring civil law amd adjnsting the affairs of the people politically and civilly to fhe new status which the overthrow of the rebetliom fas placed the Southern people in. This ‘works of reorganization is everywhere progressing favorably. ‘The election has been held in one State-—Miasissippi—and the Constitutional Con-- vention is now in seasion, engaged in the great’ work of transforming the fuudamental law of tlie State in preparation for its resumption of the vacant chair around tho fam'ly board of the nation. The preliminary steps are being taken in all the other Southern States, and the canyass is progressing for the election of | delegates who are soon to meet and perform this important work for the balance of the States which were recently in -rebgilion. «- This has relieved she President of a portion of his arduous duties in connection with his restéra- tion policy, being able to leave it mostly to. bia ‘Provisional Governors and the people themselvés to work out. The consequence is that he has now the time to examine into the condition of affairs in the Northern States, and. reconsiruct the. several departments and branches of the general government in accord- ance with the present condition of che country, and can now look after the political and other interests of his administration in the North. He has commenced his work of reconstruc- tion here by overhauling the Custom House in this city, and in appointing a person at its head who is thoroughly conversant with his plans and policy. It is well for the success of his administration that he has thus early been able. to devote some little attention to the officials ap- pointed in the Chase interest, that their schemes ean be checkmated before they seriously embarrass the government. Soon after Chief Justice Chase avowed his policy and started on his tour to inaugurate his party we urged the President to remove the Custom House and Internal Revenue officials, pointing to facts which conclusively proved that they were using their positions to defeat his pacification mea- sures and to advance the political interests of Mr. Chase. The developments which have since followed have shown the correctness of our position, as Mr. Johnson has evidently found upon examination. This removal of Collector Draper may therefore be considered but the commencement of the political recon- struction in the North, and is to be followed, no doubt, by a general decapitation of those who have been doing the dirty work of the Chief Justice. While Secretary of the Treasury Mr. Chase used the Custom House and Internal Revenue officials to oppose Mr. Lincoln. It was the machinery of those departments which enabled him to manipulate the United States Senate and control it against President Lin- coln.. He has been preparing the same trap for President Johnson, and counted upon being able to hold the Senate through the same in- fluences, and thus defeat the policy of bis ad- ministration. But Mr. Chase has found a far different man this time to deal with, and bids fair to be deprived of bis great element for mis- chief. We trust that the President will follow this action up with the removal of all the offi- cials of the Chase régime throughout the North, and overhaul not only the Custom House, but the Internal Revenue department. The latter ne ds reconstructing from the top to the bot- tom, and everything short of a thorough clean- ing ont of the radicals who have been nesting there will surely bring upon him serious em- barrassments during the next session of Con- gress. But we notice that the politicians and organs of the numerous cliques are trying to prove that the appointment of Hon. Preston King is the triumph of this or that faction. It is the victory of no clique; nor does it mark Phe Panic treet. There was a terrible excitement in Wall atreet yesterday. The scenes of 1837 amd 4ST seemed likciy to be re-enacted, and even on a more gigantic scale. See owr news columns and money article for particulars. The present week opened in that famous street with a decidedly panicky feeling. The | Thenix Bank affair bed engendered distrust, | and the suspicions: that hung upon the opera- | tions of one of the gold speculators on Safir.’ day became glaring fircts on Monday, and in- creased the excitement. Yesterday morning the streat was alive with rumors; stocks were | prossed om the market, end when it was evident that an oulburst of some description was likely to be the feature of the day, some of the lead- ing railroad shares suffered a decline of eight to ten per cent ‘frons the quotations of Mon- day. When it became known that ome of the most prominent firms had’ succumbed to’ the pressure of. some supposed’ illegitimate opera- tions, and was compelled to suspend with a million or more of irregular liabilities, the fever rose to its height and became intense. What the result will be remains to: be seen. Perhaps many will be forced into the position of bankrupts before the close of another day. The beginning of the end is approaching, and unless some radical change: is made, and that speedily, in our financial syatem, we must pass through a depressing ordeal before we negain our former healthy condition. It was so in England during her monewry troubles between 1815 and 1825. Panics, re- vulsions and defalcations’ were of almost weekly occurrence while she was endeavoring to restore her finances, and some:of the lead- ing men in the kingdom, including those hold- ing high military stations as well’ as naval offi- cersand noblemen, were swallowed up in those frequent financial maelstroms. If we would avoid those difficulties we must change’ our course, and check the inordinate: desire for speculation that has seiaed the minds of most of the men who operate in the vicinity of Wall treet. | | Governor Fenton anp MonierpaL ReForM.— We understand that two memorials, signed by some of our best and most influential citizens, are about being presented to Governor Fen- ton, requesting the removal of the heads of our municipal government tor reasons given. One memorial prefers charges directly against Mayor Gunther and commissioners concern- ed in street cleaning contracts. It con- tains explicit statements showing the iniquity of those contracts, and calls for the removal of the Mayor om that ground alone. The second memorial prefers specific: charges against the heads of other departments of the municipal government, and prays for their removal upon those grounds. It is expected’ that Governor Fenton will take these memo- rials into serious consideration, examine the: charges, weigh the evidence, and give his deci- ‘sion promptly and effectively. If he pcssesses the sagacity of any ordinary ruler he will see the justness of the accusations, and if he have the courage requisite to meet the crisis he will remove Mayor Gunther and all the heads of our corrupt city government in one lump. If this be done we may elect members to the next Legislature who will blot out altogether our present form of metropolitan government, and appoint commissioners to administer our muni- cipal affairs until’ the city charter can be amended, and a proper and honest system of government inaugurated. The people of the country will be glad of the opportunity to check the spread of fraud and corruption as they bave been suffered to exist here in the metropolis, and will endorse any action the success of Seward, Weed or any other set of politicians; none of the factions can claim any glory. It is the triumph of Andrew Johnson, and indicates the progress of the theory, principles and policy of his administra- tion, and as such meets almost the universal approval of the people. Preston King belongs to no party, clique of men or faction. He has for some time been above all parties, and is owned by no set of men, but, entertaining sound natidnal principles, the President will find him a valuable assistant in carrying- out his policy for the regeneration and reconstruction of both Norih and South. It is because he occupies this position that there is no voice raised against his appointment, but is as thoroughly and as generally accepted by the people as was Mr. Johnson himself when he took the reins of the government. But as important as these initiatory steps are to the administration of President Johnson, we have no idea that he intends to stop there. The intrigues of the New England Jacobins and Chase radicals and their movements have been so bold that the success of his pacification measures and the honor of the country demand ‘further ac- tion from his hands. Those revolutionary intriguers have been zealously laboring to renew tffe strife and bloodshed in the South by stirring up the animosities of the two races, and bringing upon that section a war between the black and white population. This was the character of the meeting in Faneuil Hall, and the inevitable result of the teachings of all those engaged in it, if allowed to continue their work. The tendency of their whole course was to in- cite strife between the races, Such will also be the moral effect of the radicals in convention in Maine, It is said that President Johnson considers that he will have more trouble in the from the New Engiand and especially the Mas- sachusetts radical disunionists than from the entire South. But as this class claim, in justifi- cation of their course, that the country is still in a state of war, and that martial law exists, then let the Prosident take them at their word and deal with them accordingly as disunionists; for such they are. If martial law exists in one place it does all over the country; and the President can arrest a disanionist in Massachu- setts, under military necessity, just as well as adjustment of the country to its new condition | Governor Fenton may take to restrain and restrict them, and to destroy the fountain heads of municipal wickedness. If Governor Fenton: has not the pluck to go into this work of re- form as he should it is time the people should know it. And if the citizens of New York are to be. compelled to live under the reign of corruption that now prevails they ought also to know it; and if obliged to submit they will do so with as much grace as if they expected’ to be governed by Satan and all his imps. The memorials will soon be in the hands of Governor Fenton, and we hope he will have the courage and resolution to act promptly and understandingly in the matter. In the meantime the people should arrange to send no members to the Legislature who ere not positively pledged to municipal reform. Tue Arrow Expiostox.—The investigation into the causg of the explosion of the Arrow’s boiler was formally commenced at the Coro- ner’s office yesterday, but was postponed until Thursday. We understand that experts from the Novelty Works and the Allaire Works | were furnished with permits from Coroner Gover to examine the boilers of the Arrow, which it appears has been towed up to Nyack, Rockland county, outside the jurisdiction of the Coroner. However, it seems pretty clear to us that as the disaster occurred within the limits of this county the Coroner has full power to obtain evidence in the case, no mat- ter where the vessel may lie. The most essen- tial testimony, no doubt, is the condition of the boilers, and we do not think that Coroner Gover need have any hesitation in sending competent witnesses to Nyack with that object. It is to be hoped that no mere technicalities nor any other motive will be permitted to gjgnd in the way of an impartial investigation, | and the public will assuredly hold the Coroner and the jury to strict accountability in the matter, If it should be proved that the owners of the boat were guilty of a wanton trifling with human life the relatives of the sufferers should take legal proceedings against them, precisely ax is usually done in the cage of rail- road disasters, where thé company do not suc- | ing at. am extraordinary rate’ in’ property and Ty too largo’ and too clumsy for its purposes. A good opera house, well located and well: managed, would be oxcetfeut property. ‘The city was:never more’ prosperous nor more give” to amusemont than now. The receipts of the theatres for the’ past year have been something enormous, . ‘ WV. thio’ ten years past the’ cily bas been grow- population, and within the next ten or twenty years the increas? will be vastly groster. This is the time, then, for the project of «suitable opera house, where Tialian, German’ and. French opera could be given. There are’ plenty of managers and plenty of singers, both’ im this and in foreign countries, to be had for the pur- pose. This is a cosmopolitan city.. All’nation- alities are largely represented here, and’ there is-no reason why these three classes of opéra could not be sustained. People of intelligenve’ and refinement are. arriving here from ‘Europe |: in considerable numbers, There have beer" million of people returned to their industria!’ || pursuits since the war was: over, who will all'|' earn money and spend it freely. The project |! of a new opera house, then, would be sure to"|' pay, and we have no doubt that we shall soon: have one. Attantic SreamsHir Lines.—The Baltimore: and Ohio Railroad Company have established a° line of ocean steamers to ran between Balti- more and Liverpool, and have already pur- chased four propellers for the enterprise. The Pennsylvania Central Railroad Company have in contemplation the establishment of a. line between Philadelphia and Liverpool, or Lon- don, and are to be assisted in the undertaking by the Corporation of Philadelphia. If such railroad company enterprises have the re- motest prospect of success in such compara- tively inland places as Philadelphia and Balti- more, why could not the New York Central, the Erie, the Hudson River and the Harlem companies, with Commodore Vanderbilt as the ruling spirit, inaugurate a gigantic steamship company, and place vessels upon the Atlantic to ply between New York and the principal European ports that will at least secure a large part of the carrying trade that is now performed by foreign built ships? Important Facrs For Eorope to THINK Asour.—Within the last three months, since the war was ended, a million and a quarter of men— hardy veterans, all of taem—belonging to both the Northern and Southern armies, have re- turned to their homes in the North, South, East and West. At the tap of the drum, or a word from President Johnson, more than half of these trained soldiers would be again in arms to do his bidding against any foreign Power. If England, France and Spain are wise they will leave this continent as soon as possible, for a conflict with such an army with either France or Spain or England would be the signal fora general and bloody revolution all over Europe. Information Wanted. Treasory Department, Secoxp Auprror’s Orrice, August 11, 1865. § Sm—lI have the honor to request that you will furnish me with the name of the writer of tho lettor from Wash- ington, published In your paper of the 26th ult., over the signature of “Fiat Justitia,’? and concerning “The Distripution of a Congressional Fund." Respectfully, F, ANDREWS, Acting Auditor. J. G. Bexsert, Eaq., Editor New York Herald. Answer.—We decline giving the name, and consider the request impertinent.—[(Ep. Hrratp. . THE NAVY. Arrival of the Monitor Nauset. The new light dranght Monitor Nauset, convoyed by the steamer Huntsville, arrived at the Navy Yard yester- day morning, on her way to Philadelphia. The following is a list of officers of the Nauset:— Acting Master—W. N. Grozier, commanding. Acting Ensign and Erecutive Officer—Jno. P. Arnett. Acting igns—Jas. Brown, H. G. Bunker, Robert Adair. Enginere—aActing First Assistants, G. B. Hoswell (in charge), Henry Moyles; Acting Second Assistants, M. C. Heath, J. H. Pelton, J. E. Hilliard; Acting Third Assist- ants, A.C. Wilcox, W. A. McLarty, M. Garagal, W. H. Ryder. SALE OF GOVERNMENT VESSELS AT THE NAVY YARD, BROOKLYN. ‘There was a large attendance at the auction sale of government vessels which took place yesterday at the Navy Yard. The prices obtained were much higher than was expected, and a large number of those present were of opinion that at the next sale they would bring a still larger figure. At twelve o'clock precisely the auc- tionecr’s hatamer fell, and eleven vessels of al) kinds and sizes were sold in the following order:— Schooner Savannah, sold to Mr. Griswold for $700. Be Bay schooner Oryetta, sold to Mr. Housman Board schooner Sarah Bruen, sold to Mr. Rhein- hart for $12,500. Seasretpenra schooner Samuel Rotan, sold.to Mr, Sti- mers for $8,300. Brig Bonin, we to David Sreety for $7,200. Propeller Bandelion, sold to C. R, Pollion for $7,800. Propeller ers | sold to John Potter for $13,900. Screw steamer Honeysuckle, sold to, Barmore for $21,200. ‘Screw steamer Valley City, sold to. Mr. Clyde for 8,000. se ie wheel ateamer Fort Henry, sold:te J, B. Brown for $18,500. Screw steamer R. R. Cuyler, sold to Russel Sturgess for $81,000. Ps ‘At the conclusion of the sale the auctioneer offered a small steamer, the property of private, parties, and of- fered to sell tt to the highest bidder. It was purchased by Mr. McCready for $6,400. Personal Intelligence. Among the visitors at Saratoga this week we notice the name of A. R. Trotter, Esq., of the United States Revenue Department. ‘The necrology of Harvard College for the qe ending July numbers no less than fifty-three. Of these several were killed in battle; eight had seen four score years, one, Dr. Spaulding, of Amherst, ninety-five, Obituary.. W. H. Surrn, the London news vender, has just dipd at the age of 73. Half a contury ago Mr.” W. H. Smith commenced business in. very humble way, but he grad~ ually increased its extent and importance until it, be- came the largest of the kind in Europe. Death of a Telographer. Bauimone, August 15, (#65. Mr. James F. Mattingly, for the last sixteen years manager of the American Tolbgraph office in this city, died last night of consumption, He was highly respected by our citizens and greatly beloved by his associates, His death will Jeave a void im the telegraphio fraternity that cannot easily be filled, while his loss to the Ameri. can Telegrayh Company, whose interests he had ever at heart, is almost irreparable. ——_—<_——— Moxements of Admiral Farragut. Poartann, Mo., Angust 15, 1965. Admiral Parragut’s tébeption was attended by'#'large crowd of citizens, At half-past twelve o'clock he sailed ceed in effecting a compromise, as they gen- erally do. Steamboat proprieters are just as liable for damages as railroad companies, and should be held equally responsible. Public in the South. Let him, then, follow up the change in the Custom House here, with the re- moval of the disciples of Chase in all the Cus- tom Houses and Internal Revenue offices in the North, and the arrest and punishment by mill- | the testimony available should be procured, tary law of all the leading New England | and the cause of the calamity thoroughly Jacobin conspirators engaged in inciting insur- | examined. We repeat, then, that Coroner rection and opposing the speedy pacification of | Gover has an important pubjio duty to per, the counter, The poovle are anxious t@ ane. form in this insteuan attention has been very seriously directed to this fearful disaster, and the progress of the investigation will be closely watched. All for Portemotth in the Agamenticus. ————— ED Movements of General Hooker. Tror, August 16, 1966. Major General Hooker 1s in town, the guest of Mr. J, M. Francis, editor of the Times, ‘The General is to take part in the celebration of the Battle of Bennington to- morrew, with Major General Carr. . ing of Asia. Boston, Augutt 15, 1865. * he steamship Asia’s mails Wil close at seven o'clock to-morrow (Wednesday) morning. hut ale will not sail ‘unail abous tan A.M” e tine THE CUSTOM HOUSE SENSATION. betula evs tet ire Coe Pho Political ‘Change at the Astor Howse— The Taik Around Town, de. Politieal circles in this city have been in the greatest ferment since the announcement of the removal of Simcon Draper froin the position of Cotlector of the Port. This deciston was mad> known, seetm, by formal notification to the incumbent on Mondsy Morning, and Mr. Draper read the letter of Secretary MeCalloch to a circle of bis potitical friends on that day, when, in view aleo of the choiee inade for a sudcessor—Preston King — thore was not theslightest hope entertained of amy ro cons.deration of (is matter. DRAPER'S REMOVAL OB. JOUNSON'S. IMPEACHMENT. | ‘The readers of tho Hegato Will have'becn propured for this change in view ofthe extraordinary procvedihgs of the Custom House officials, and also'of the majority of tile incumbents of the Maternal’ Rorenue offices of this city, in connection with’ the Cooper Institute’ meoting: some six or cight weeks since on tho visit of Gencrat Grant. ‘The’ removal of Draper was’ then understood to have been fully canvassed! at Washington. [ts necessity was concede! by overy friend of the President; but its expediency wan" questioned and deprecated by those who were in hope tor bring, first, the influence of tie Loyal Leagues and of* intorested pressure from this city-and the inferior of the Btate, as well as certain influences from other States, te bear upon Bile retention until Congress ‘assembled, and then the resistance of the Senate to secure tris cohtinu- |, ance. In fact, the plan which haobeen orgamixed for a Congressional “ring’’ was to havo had the retesition of -~ Draper'as a Jeading feature. Will'this rethoval' the President has ripped/up a most formidable cabal. t It is now openly avowed hore that if the patronage of the Custom Hoase and Revenue Départment can be © browght to operate on thé Congressional dologations of the several States. the Chace radicals wilt cnmy their hostility to the President's policy. to tHe extreme even of impeachment: The ‘opem diseussion of this expedient for placing the execu- ‘tivepower of the country in the hand» of the United Statew Senate, throngh the substitution cP the Président of tlimt body for Andy Johnson, has owgaged most anxious and absorbing interest in all the outventicles of tho Doyal League radicals for a month or aix weeks. THE CHARGES AGAINST DRAPER. Biit;.while the removal of Draper was gemerally com- jecturettion political grounds, and its probabili#y moro or less doubted, there was a view of the case-which had such direet bearing as to place the administration in the attitude of direct responsibility for operations whicks might, indeed, render impeachment of some¥ody a ques- tion in point if the removal had not promptly met it. ‘This was iw regard to the matter noticed in ow Washing- ton despatohes a week or two since, presenting &@ _moat extraordinary state of facts relating to the-oxaction of fees at the New York Custom House. It appears that complaints have been made, showing from the recoipts and vouchers that Draper has been in the habit of exact- ing a tariff of his own on merchandise, to the-extent of one cent per pound on all the cotton shippeditere from the South, with a variety of other fees and exnetions, under the guise of truckage, porterage, weighing, fsepec- tion, &c., all without any shadow of authority’ of law. ‘The one cent #pound paid on cotton was in adiiition to the internal revenue legal impost authorized at two-eemts & pound. ‘This‘enormous exaction has been direeted to be paid back, the Secretary of the Treasury #0 instructing bis Collector, Mr. Draper. Amd, ot course, apart from any political reasons, thie condition of things rendered th> removal imperative, which it appears was immediately determ'ned: upoa by President Johnson, giving Draper barely timo to adjuss his accounts if he can, The removal is thus put apom grounds, in this view of it, against the plaimftcts of which no political machinery can be brought tomise am objection. PRESTON'KING, THB NEW COLLECTOR. : In fact, the appointment of Preston King is arcopted =< without a word of opposition even among partisans. He | is a highly honorable gentleman, und has held the-most important offices this State can confer with credit snd éclat, His qualifications for the discharge of Bie: Oficial - |- duties are thought to be pecutiarly good, while-there js J no other citizen of the State of New York upon: whom the ample emoluments of the position would be-com- { ferred with more ready good will by our citizeus, There | is, indeed, a most unexpected accord of sentiment mami- fested, which, like:the rivalry of the partisans thi sap- port of the President, promises to do more-By this ap> pointment in harmonizing the distracted political ifactiona of this State than anything cise that can be imagined. ~ ARRIVAL IN TOWN. Preston King arrived in town last evening from: Wash— ington, and will omter upon all necessary pretiminacios for taking up h's position as Collector of the-Port om the Ist of September: Crowds of politiciqns were-gathesing yesterday at the Astor House to gleam every fact ‘and discuss the+ probable bearings of thernewm. It was quickly circmlated in the evening that the newCol- lector had arrived, and the political stock. excHange whi¢h has its regniar sessions in the corridbgs of the As- tor House was as lively as the gold rooms forthe day and evening. Rumors were rife of numerous othes- changes, but the speculations presented nothing very re- liable. The removal of Wakeman as Surveyor was . started, John Cochrane being said to be -his.suovessors Moses F. Odell was gazetted as the successop of Dennison,.. the naval officer, and a change in the Post Offive was im like manner put up, pretty much as the-brokess say om ‘Change, ‘to hammer with.” ‘The only fact which seemed to be advaicedi ftom Wash-- ington sources was the statement that Councidman Orta, the head of the Internal Revenue Degurtmemt, would at an early day-follow his colleague, Mr. Draper, into retize- ment. j > i if ' A GLANCE AT STATE POLITICS. ‘The political situation in this Stra is so curious, io view of this appointment of Preston, King, as to deserve notice. Two years since he was st rperseded in bis posi- tion as United States Senator, Th e democratic element in the Union party, which he falrjy represented’ as the successor of Silas Wright, was ign | }, and Senator Har- ris, of the whig section of the } pasty, advanced in hie place, although Morgen, of that; section also, had the other Sématorship from this 8 He finds himself now in as position which has ‘pimost a dramatic aspect in. ite reversion of Uke situation {and his relation to the characters on the pelitical stag. ‘The barnburners an@ ‘war democrats whom he repre, were then, under Lincoln and through the. lea A of Greeley, ignoréd, and his (King’s) claims-set aside J/or the interests of Greeley and the whigs, whe sought ‘to monopolize everything under the influence of a reac tion which got a start in the Union party at that time. ‘fhe phrase was then current as their axiom with the Loyal Leaguors, ‘Scratch @ democrat. and you .will And a copperhead.’ To-day Preston King holds the pysition by which a trae revival ofrdemocracy can be orgs mized) upon a basis in the State which will control its acion for half a century. It rests with him to say whether the masses of the democratie party, even as now cirganized, will not immediately ‘endorse and adopt the policy of the administration, and, with the coaservativ’» bulk of the Union party, continue to give to Agdy Johnson for his whole term # support which will reduce h'gs opponents to # nullity in the coun- a THE SBNATORIAL SUCCESSION. Of cowse the advent of Preston King under taese anspices. will greatly derange the plans of a number of parties. A poirst of leading interost in State politica just now 13 the Upited States Senator to be elected by the State Senatoryto be chosen this fall. Is the Collector master of thf situation now which Harris will vacate? Will Seward and King divide the fat and the lean, the Senate and, the Cabinet, between them? Clearly, the sanguine ysrospects of Governor Fenton as to the succes. sion, afte¢ Harris, pledged to him by Draper and the rudicals ‘mat winter, and renewed within a short time, have vemished.* The nominations and renominations ia both parties are at once upset, The programme of the Unior, party two days ago was strongly pushed forward on t'de track of an issue bearing upon the support of Governor Fenton. To-day this is forgetten completely in. the greater issues presented in the initiation of the omestion of supporting Andy Johnson. Politicians are artiving here from all quarters of the ‘Btate and from the various States, Governor Andrew, of Massachusetts; Senator Shermas, of Ohio (with a dele~ gation); John Minor Botts, of Vieginia, and « oloud oe ‘Washington notorietics of majqe or miner importance, Joined the political Change at dhe Astor House yostorday. axp Wapon {nto Peters mare Priday be ing Inst. The i into on ent are ioe high “etate of excitement about it, —! Times, August 14. ‘yan Rarpamansoce Vauaey.—The New Bra says that KA 3 mond who sine casera that would be ea valley of made when all Piawty o Conn In Fredericksburg (Va. et Semee ‘opportuni much corn made In Tay ’ /