The New York Herald Newspaper, February 7, 1866, Page 4

4 NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR OFFICE N. W. CORNER OF FULTON AND NASSAU STS. fo Volume XXXI........ ————_ AMUSEMENTS THIS EVENING, BROADWAY THEATRE, Broadway, Biroct.—Sovon Suuxaue—Live Ivpiam, NEW YORK THEATRE, Nos. Tus Brack Dommo—Berwaen near Broome LUCY RUSHTON’ ‘and 730 Broadway. Anp Mg anv tux 9 moors THEATER, Broadway, oposite the el—Tue DepuraNte—GLAMt rox. Matinee at One OClocks St. Nicholas Yora—Iaisa GEORGE CHRISTY'S MINSTRELS.—Tas Oxp Scnoon MinstReLsy, Battaps, Musica Gums, £0., at tno Fifth wenue Opera House, Nos. Zand 4 West Twenty-fourth st. SAN FRANCISCO MINSTRELS, 585 Broadway, opposite letropolitan Hotel.—Ermiorian Singing, Dawcixar Pte. ITALIAN AIRS BY Native ARTISTS. TONY PASTOR'S OPERA HOUSE, 201 Bowery.—Sina- iG, Dancing, Burixsqves, &0.—Tae Mountain Davit. jatinge at Ono o'Clock. BRYANTS’ MINSTRELS, Mechanics’ Hall, 472 Broad- ‘way.—Dan Bryant's New Stump Srezou—Nearo Comicati- mus, Buatesquas, &c,—Tax Hanv-a-Lone Brornxns. HOOLEY’S OPERA HOUSE, Brooklyn,—Ermorian Mix. ptneror—BacLans, Boat esquas MIMES. ap Paxtol NEW YORK MUSEUM OF ANATOMY, 618 Broadway. Open from 10 A. M. till 10 P. Mt CLINTON HALL, Astor Place,—PorvraR Barta Cox- omer sy J. BR. Taomas axp Oruxrs. LECTURE ON “NEW AMERICA—By Rey. Noan Honr Scuzwox, at Lex Avexux Cnuncu, Brooxiyn, E. D. DODWORTH HALL, 806 Broadway.—Rxcrtatiox, WITH VocaL Intusrrations, by Mus. Henry C, Watson. pa New York, Wednesday, February 7, 1866. = NEWSPAPER CIRCULATION. Receipts of Saics of the Now York Daily Newspapers, OFFICIAL. Year Ending Name of Paper May 1, 1865, See pC hs ARP PAR bs Gucmalaaetn $1,095,000 ‘Times. . 868,150 ‘Tribune. 252,000 Evening Post, 169,427 “World. 100,000 Bun... 151,079 Express...,.. 90,548 New Yor HERALp......... 2001000001 ++ +G1,095,000- 871,229 ‘Times, Tribune, World and Sun combinod.. THH NSwS. EUROPE. Tho Cunard freight steamship Palestine, from Liver- pool on the 23d of January, which arrived unexpectodly nt Boston yestorday, tirings important news in anticipa- tion of the usual European mail ships. ( At the opening of the French Corps Legislatif on the B2d of January the Emperor Napoleon announced that arrangements were being made for thé with- drawal of the French troops from Mexico, adding B hope that this would pacify the peoplo of the United Btates. The Emperor further romarked that this coun- fry was invited to join the Mexican expedition, and ex- pressed an opinion that such a line of conduct would not ‘have been opposed to our interests. Though this imperial announcement had been to a large extent anticipated, on its being made public the ‘market in London for American accurities opened ‘Btrongly at an advance, but closed easier. CONGRESS. In the Benate, yesterday, petitions axking univorsal suf- frage and @ reduction of the tax on agricultural unpte. yuents were presented. A bill authorizing the appoint- ment-of a minister to the Dominican republic was re- ported by the Foreign Relations Committee. The Com- mittee on Commerce, at their request, were relieved from further consideration of the proposition to build a custom house and post office at Topeka, Kansay, at an expense of one handred thousand dollars, The Judicia- xy Committee were instructed to report on the oxpe- Aiency of making provision to pay loyal citizens of the Fobellious States for quartermaster stores taken from them for the army during the war. The considera- tion of the proposed representation basis amend. gent to the constitution adopted by the Honse was ro. sumed from the previous day, and Mr. Doolittle offored &@ substitute, basing Congressional representation on the mumbor of voters, instead of on population, as provided by the House measure. Mr. Sumner then continued his ech in opposition to the amendment and in favor of is proposition to effect the object which it aimed at by a simple act of Congress abolishing all color and class dis- Jinctions in regard to qualifications of voters. His remarks occupied the remainder of the open scasion. An executive session was held, daring which soveral no- Mulnations of the President wero confirmed, including Bhat of General Fitz Henry Warren as Minister Resident ‘fo Guatemala, } The House of Representatives proceedings were im- portant, embracing the passage of the Freedmen’s Bu- geau bill. The report of Mr, Samuel 8, Hayes, of the Anternal Rovenue Commission, upon the property in the funds, the financial system, &c., was presented by the Speaker and referred to the Ways and Means Committee. A bill providing for publication of notices of mail Jottings ‘was introduced and referred. The Senate resolution of thanks to Vice Admiral Farragut and his officers and men was reported from the Naval Committee. The an- Snual Fortification Dill was reported from the Appropriations Committee and referred to the Com- ‘mittoo of the Whole, Instructions were given to the Naval Committees to report on the propriety of providing for the edmission of cadets to the Naval Academy up to the age of twenty-one, and fo the Committee on Public Buildings to take suitable ac- ion in regard to certain scandalous mutilations of the Capitol which have recently been perpetrated, the Speak er stating that swords and other portions of the orna- {mentation on the bronze doors had been carried away. ‘The bill enlarging the powers of the Freedmen’s Bureau {was then taken up for final action, An amendment ex- reps Kentucky from the field of the Bareau's opera- jons, and a complete substitute of a radical character Offered by Mr. Stevens were first considered, and both ‘wore rejected by very decisive votes, after which the bstitute for the Sonate bill reported by the Committee Freedmen’s Affairs was voted on and passed by one dundred and thirty-seven yoas to thirty-three nays. It fa noarly identical with the bill for the same purpose ‘which has passed in the Senate, but differs from the lat- hor in extonding the Bureau's jurisdiction over freedmen 4 refugees in all parts of the country, reducing oMcors’ Jarios, providing for giving othgr lands, at the end of three yoars, to the negroes settled by General Sherman Soutn Carolina and Georgia coast plantations, and in Jrome fow other respocts, Subsequent to the passage of Phe bill a sharp personal controversy took place between me Rousseau, of Kentucky, and Mr. Grinnell, of jowa, the latter charging that the former, by language jased in opposing this measure, had degraded bis tate and uttered a sentiment unworthy of an American officer, and the General pronouncing Phe assertion a “false, ‘The jouse «also passed the bill giving ament to Pho transfer of Berkely and Jefferson counties trom Vir- inia to Woet Virginia, A vory brief evening session was ld, its entire proceedings consisting of a short harbor improvement specch by one of the membera, The House Miltary Committee have agreed to Bassiee im the 4 ith an increase of pay of one ‘and thirty r month over that of the Lientenang General, This gh military position has never yet had an ia jour army, and, if it should be established, Prill, of course, be the first incumbent, THE LEGISLATURE. 1 The State Senate's re-ord of business yesterday wag B rather meagre one, though some matters of | received attention, Thy bill to tax the banking franobies Pres reported from commulitoer Notice wae given of tite a NEW YORK HERALD, WEDNESDAY FEBRUARY 7, 1868. varied from $450 to $108 $12 Hogs wore steady at 10440. a 10% 0, The total recelpte wore 4,048 beeves, 88 cows, 868 veals, 23,842 sheep and lambs and 12,400 hoga. MISCELLANEOUS. The demoorats of Connecticut and New Hampshire meet in convention for tho purpose of nominating can- didates for Governors and other State officers to-day. Elections take placo in New Hampshire on the 13th of March, and in Connecticat on the 2d of April. General Grant has isued an order revoking all previous orders requiring transportation to be furnished to fur- loughod soldiers, The Scoretary of the Treasury has issued a circular describing the regulations adopted and tho places ap- pointed for the redemption of mutilated fractional cur- rency and Treasury notes, the substance of which will be found in our Washington telographic now, An interesting case, the merits of which are well understood by the Hsraxp readers who have perused the exceodingly entertaining letters from the wine districts of France which have lately been published in our columns, has just been disposed of by the United States Supreme Court. It is that regarding tho seizure by the oustoms officors at San Francisco, on the ground of undervatuation of invoice on the part of the manufacturera, of a considerable quantity of champagne shipped to that port from Rheims, France, Our tariff laws require that wines shall be in- voiced at thelr market value at the place of manufac- ture; but the, in. defence of the low valuation put on the cargo in question, claim that there is no fixed market value for the winein Rholms, The govern- ‘ment regarded this as a poor response, and the Supreme Court has reaffirmed the decision of the court below, ‘condemning the cargo. This decision settles other sim!- lar cases, which involve large amounts of moncy and considerable losses to French wine merchants, Resolutions were unanimoaly adopted by both houses of the Virginia Legislature yesterday cordially approv- ing the policy of Prosident Johnson; acquiescing in tho results of the late war, including the destruction of slavery, and declaring that Virginia has no intontion again to violate her plighted faith with tho nation, and that representations put forth to this effect are criminal and crucl, The logislators, howover, take occasion to tack alittle bit of State rights doctrine on the tall of tho serlos, to tke effect that “Virginia will not voluntartly consent to change tho adjustment of political power as fixod by the constitution of the United States."’ Tho New York State Temperance Association mot in convention at Syracuse yesterday. The attendance of delegates was not very large, ‘the State Medical Soctety mot in Albany yesterday, over one hundred and fifty members and delegates being present, A resolution endorsing the Metropolitan Health bill, ad®passod by the State Senate, was intro- duced, The New York State Workingmen’s Assombly con- vened in Albany yesterday, the attendance being large. One of the delegates gave notice that he should to-day offer a proposition that on the 10th of next month all trade associations throughout the State shall strike for tho eight hour system. A terrific tornado paased over the village of Nowbern, Georgia, on the 24th ult., levelling houses, fences and trees, &c., swooping before it in an instant overything in its path, and killing four and injuring about a dozen porsons. A boiler in the mill of the Mechanics’ Manufacturing Company, at Potorsburg, Va., exploded on Friday last, shattering the building and killing four of the employes and wounding ten of thom. ‘Tho extensive paper mil at St, Charles, Illinois, said to bo-the largest in the West, was dostroyed by firo on last Sunday night, entailing a loss of ono hundred and ten thousand dollars, providing for the reduction of the capital stock of bank- ing associations, and to increase the annual payments on the shares of the Society Library of this city and to au- thorize its trustees to commute their annual dues. Among @ few bills passéd were those extending to the 1st of April the time for the collection of taxes throughout the. State, excepting in cities where they are collected under special law, and incorporating tho New York City Mlasion and Tract Society. ‘The bill requiring keepers of sailors’ boarding houses in this city to be liconsed was ordered to third reading. A resolution was adopted requesting our City Chamberlain to furnish a report of the average amount of public money in his keeping during the years 1864 and 1865, and the amount of interest received on it, The Assembly did even less than the Senate. It also passed tho bill extending the time for the collection of taxes and ordered to a third reading that to prevent the manufacture and sale of slung shot and other dangerous weapons, The bill to amend the act for tho incorpora- tion of life and health insurance companies was de- feated. ‘A caucus of the republican members of the Assombly was held last night for the purpose of marking out the course of action to be pursued by them on the Motro- politan Health bill, which has already passed in the Senate. After much discussion it was agreed, by # voto of sixty-three to eleven, that the bill should be amended by making the Health Commission consist of five mem- bers, to be appointed by the Governor, three of them to be physiciaus, one of whom shall reside in Brooklyn, THE CITY. Rumors prevailed in the city yesterday to the offect that . the United States sloop-of-war Brooklyn had been wrecked at sea, and that all hands on board had been lost. Ru- mors subsequently had it that (t. was the Monongahela which had been lost, . There is not the slightest founda- tion for the report in either shape, and mo news of dis- aster to cither vessel has been roceived in this city, at the Brooklyn Navy Yard or at the Navy Department in ‘Washington, ‘When the case of the government against Benthan J. Fabian, Reginald Chauncy and William Chase Barmey was called on yesterday, Judge Shipman addressed coun- sel, and said that, after mature deliberation upon tho novel and important points that had beon raised on the part of tho defence, no other course was loft him, though he regretted the fact, but to order the quashing of the indictments. Tho indictments being quashed, the defendants were therefore discharged. The following persons wero yesterday arraigned bofore Judge Shipman, in tho United States Circuit Court:— Leopold Solomon, charged with embezzling letters, pleaded not guilty. John Goff, George Forrest and John C, Quinn, charged with passing counterfeit curronoy, pleaded not guilty, Judaon C, Fiero was put updl? trial charged with having counterfelt fractional curronoy in his possession with intent to pass the same, Dr. Fordyce Barker yesterday brought an action in the Supreme Court, Part 2, before Judge Ingraham, against Dean Richmond, for alleged professional services to the latter’s daughter, Tho amount claimed was five hundred dollars, with interest; for which judgment was awarded, no defence boing set up. It was stated, how- ever, during the trial, that the reaton why Mr. Rich- mond refused to pay the bill was because Dr. Barker had entered into a special agreement to cure the lady, which he failed in doing. Plaintiff contradicted this statement in his evidence. An action for libel has been commonced in the Su- preme Court, by Elias Hale, a travelling commission agent for the salo of parafline varnish, against George 8. Page, of this city, who manufactures the article in question. The alleged libel consists in tho publication in Philadelphia papers of an advertisement charged to be injurious to plaintiff's business, The case 1s atill on. 8 B. Schieffelin and others yesterday brought an action in the Superior Court, before Judge Barber, against Seth R. Robins, to recover $2,204 75, the valuo of a quantity of petroleum destroyed by an explosion on board a lighter, the defendant's property. The dofond- ant, in a counter action, claims from Schioffolin & Co, $3,500, the value of the lighter, Tho case is still on. ‘The Grand Jury of the Court of Oyer and Torminer found an indictment yesterday against Richard T. Qol- burn, of the Tribune, for an alleged libol upon Mr. A. T. Stewart, published in the Missouri Republican, I is ex- pected that Mr, Colburn will plead to tho indictment this morning m that court, Cornolius Egan and Michael Magrath were yesterday sentenced by Judge G. G. Barnard, in the Court of Oyer and Term inery to one mon'’a’s imprisonment each in the Ponitentiary on Blackwell's Island, for an assault and battery upon Edward Colgrove, a police officer, while in the execution of his duty. Charles Marshall, who pleaded guilty of burglary in the third degree, was ordered to be imprisoned in the Penitenttary for twelve months and to pay a fine of one hundred dollars. Judge Brady, of the Court of Common Pleas, yestorday docided, in the case of Noolto and othors, the Prussians alleged to havo embezzled fands belonging to the bank- ing houso of Meyer & Co., of Berlin, that the aconsed must stil! bo retained in prison, to await the result of fur- ther lezal proceedings. F. Wagner yesterday brought an action in the Marine Court against his former omployer, J. P. Gruber, to re- cover damages for alleged malicious prosecution. The’ complaint wag that defondant had the plainf fff arrested, imprisoned and held to bail ona charge which was not substantiated. The jury rendered a verdict in favor of the plaintiff for fifty dollars. In the Court of General Sessions yesterday, Charles H. Smith was convicted of robbery in the first degree, hav- ing assaulted James A. Meany in Bleecker streot on the night of the 16th of Jantary and stolon a diamond pia, watch and chain, and soventeen dollars in money. The sentence was postponed till Monday. Francis Duffy, who Durglariousty entered the residence of Charles Kind, in West Sixteenth street.was sont to tho State Prison for five yeara, A number of other cases were disposed of by the Court and jury. Henry Coats, one of the alieged robbers of the National Bank of Wellington, Ohio, arrived in this city yesterday ‘on board the steamship Alhambra, from Charleston, in charge of an officer, en routs to Ohio to stand his trial. At the meeting of the Brooklyn Board of Aldermen on last Monday night @ resolation was adopted directing the Committee on Schools to investigate the chargos pre- ferred against Mr. Van Epps, Superintendent of the ‘Truant Home, of criminal conduct towards female inmates. The first term of the Kings County Court of Sessions commenced yesterday morning before Judge Dikeman and Justices Hoyt and Voorhees. The criminal calendar is very large. The following named persons wore arraigned before the City Court of Brooklyn yesterday and pleaded guilty, whereupon the Court pronounced sentence upon them :—William Smith, burglary, State Prison five years and six months; Owen McNaily and John Duffy (boys), petit larceny, House of Refuge; Patrick Bulger, grand larceny, House of Refugo; George Sturges and William Corbitt, grand larceny, State Prison three years. There is yet no deterioration In the quality of the skating, which now for many days has been of the most excellent kind. The Park and all the suburban ponds were yesterday, as usual, again crowded by happy ery oe mocting of the Chamber of Commerce hold yesterday afternoon resolutions were unanimously adopted endorsing the .new Metropolitan Health bili passed by our State Senate last week, and urging its carly passage by the Assembly, without amendments. The first of a series of four lectures en national sub- Jects was delivered last evening in the Brooklyn Acad emy of Music by Carl Schurz. A two story frame stable, belonging to Daniel Butler, in Fourth street, Brooklyn, E. D., was destroyed by fire yesterday morning, and six horses were burned to death. ‘The total loss is about four thousand dollars. The flue steamer Morro Castle, commanded by the experienced Captain Adams, belonging to Spofford, Tileston & Co.'s ling, will sail today at three o'clock P.M. for Havana, from pior No. 4 North river. The mails will close af the Post Office at half-past one o'clock P, M. The French Evacuation of Mexico—Napo- leon’s Greatest Achiove: te The steamship Palostine, which arrived at Boston yesterday, brought the important intel- ligence dhat the Emperor Napoleon, in his speech at the opening of the French Corps Loegislatif, on the 22d of January, announced his iatention to withdraw the French troops from Mexico. The Palestine being merely a freight ship—bringing no press adyicos or papers—we are left pretty much in the dark as to the full significance to be attached to this announcement. It seems clear, however, that the French troops aro to be withdrawn, and the tone of our Paris correspondence for some time past, taken in connection with tho sig- nificant grticles which have lately appeared in the Paris semt-official press, render it in the highest degree probable that the evacuation will take place at no very distant date. This last action of the Emperor Napolvon’s stamps him as a great man. It requires greatness to boldly meet an emergency of this kind, Napoleon went into Moxico for the purpose of protecting the Latin race and preventing the overshadowing influence of the United States on this continent. He went there to build up an immense French colonial empire. His letter to Marshal Forey plainly sets forth these intentions, It was sup- posed that we were broken up, and France, like allthe othor nations of Europe, was scrambling for her chance. The other Powers backed out before they got too far involved, but Napoleon held on, and thereby, as was recently said in London, placed himself in a most painful dilemma. The French people are very sensi- tive with regard to the national honor; and although there has always been a large party in France opposed to the Mexican expodition, yet when the national honor is touched the French are apt to unite and to sink all personal predil cotions for their country’s welfare and glory. But Napoleon saw oxaotly the situation. He has done in Mexico precisely as he did in the Crimea, precisely as he did in Italy. As soon as he had gained his point in Russia he made pence. The instant he had gone far enough in the Italian war he signed the treaty of Villafranca. In each of these move- ments he carried out the idea he has always held that is necessary for his dynasty, not to smash everything, as his uncle did, trusting to his genius to reconstruct them, but to go a certain distance, form alliances and cement them. And if these advices are to be credited, he has developed this idea to a much wiser ex- firm. Corn was dull lower. Pork @te this country and France. Americans ‘a had morg] courage 0s Well ap they dp physical scien cecmiemeairinicay | Senet Og oe Gln Se Se leonic iden which has hitherto actuated his policy, and, having gone as fin’ as it suite him to go, will form a new allisme with us and coment it by a commercial trasty, thus contributing, as far as any European Pow?r can contribute, to our national development. >The withdrawal of the French troops fron’ Mexico is, of course, only the natural result of the collapse of our rebellion, But it is not every monarch that knows when to back out. Napoleon does. It is not every monarch who would have the pluck to do it. Napoleon has shown that he possesses this important e] it in the ruler of a great nation. The Late Manifesto of Thaddeus eons The Rupture Between the Radicais and the President. The late remarkable speech of Thaddeus Stevens in the House of Representatives we publish this morning in full, because it may be regarded as party manifesto, marking a new chapter in the political history of the United States. His constitutional amendment from the Joint Committee on Reconstruction, debarring from the enumeration of the people of the States for Congressional representation all persons of any race or color with regard to which there may be-any denial or abridgment by State.laws of the right of suffrage, we oon- tend, is, at best, but a superfiuity, inaamuach as the constitution with the amendment abolishing and prohibiting slavery, gives to Congress all the powers required for the enforcement of the civil and political rights of the blacks. But suffrage to the blacks is not the object of Siévens. Ho saysso. He wants it withheld from them four or five years longer; because if granted to them now on a fooling of equality, the whole black population will be counted on the basis for Southern representation, and what then? Why thon, says Stovens, speaking of the Southern States, “Their eighty-three votes (in Congress), with the representatives of the Five Points, and other dark corners, would be sufficient to overrule the friends of progress here, and this nation would be in the hands of secessionists at the very next Con- gressional election, and at the very next Presidential election.” This is where the shoe pinches, and so, to prevent the Southern negroes being counted for Congressional repre- sentation, Stevens says, “Give the States con- cerned the power to deny the blacks the suf frage, and they will do it; but let them, for our paramount object is to keep possession of the government, ” Senator Sumner, however, the radical leader at the other end of the Capitol, does not like this constitutional amendment. He considers it “another compromise of human rights.” He gays it is like the crab, it goes backwards, He thinks “ the time has come at last when all compromises of human rights should cease.” Hé recoils from this project of Stevens’, of making still further a constitutional conve- nience of the negro for party purposes. Sum- ner is for enforcing the equality which now exists in the constitution. That leading radi- cal journal—representing the olergy of the school of Cheever, Beecher & Co.—the Inde- pendent, sides with Sumner, and, protesting against this amondment, says, “it puts the negro into the hands of the rebels,” and then fellows the qnestion, “What right, either by faw of God or man, have our eight million enemies (the whites) in the South to dictate the rights of our four million friends (tho blacks)?” “The slave emancipated shall be the citizen enfranchised,” is the edict of the Independent and of Sumner, With this issue presented against Stevens we can hardly tell just yet what the radicals of tho Senate will do with his constitutional amendment. Be- tween “human rights” and party tacties there is a gap wide and deep enough to swallow up both factions. ‘This, however, is comparatively a small affair. The special importance which we attach to this speech of Stevens belongs tovit asa party manifesto against President Johnson and his restoration policy. Stevens, tired of false pretences, plainly speaks his mind. He is disgusted with the policy set up “at the other end of the avenue.” He sneors at the Presi- dent’s constitutional suggestions, fair and roa- sonable though they are. Stevens does not want them—they are usurpations, involving a violation of the privilegesof the House, and “made in such a way that, centuries ago, had it been made to Parliament by s British King, it would have cost him his head.’ But still, as the .two houses of this OCon- gress, in the opinion of Stevens, oan get on very well without the Exeoutive, they can afford in his case to be “tolerant of usurpa- tion.” The plan of Stevens, accordingly, is to ignore the Executive, and that shall do its work of reconstruction regardless of what he may recommend or disapprove. This is the tssuc between the radicals of Con- gress and the administration. The policy on the one side is Southern exolusion for party purposes; on the other, Southern restoration in view of the “general welfare.” Among the radicals, negro suffrage, “human rights,” andall such preaching is more by-play, and constita- tional amendments are but cunning devices for gaining time, so as to fix upon the Southern States plausible excuses for their exclusion from Congress and our national politics, and in order to maintain over them tho rigors of a military discipline. The radical game is the exclusion of the Southern States, not only from this Congress but from the next, and the Presi- dential election of 1868, and for the simple pur- li i i! Ht f reat ties should now prepare to peal which will be made from this the people of the Northern States in thet’ 26xt | visions will Congressional elections. Tax on Government Bonds—Sinking Fund and Inequalities of the Present System. We have received the report of one of the members of the special Revenue Commis- sion, which has been sent into Congress, recom- mending the establishment of a sinking fund for the payment of the national debt. It is pro- posed to raise a fund for this pur, by levy- ing a tax of one per cent upon the par value of the United States bonds. In presenting this scheme for the consideration of Congress the amount and character of our national debt is reviewed, together with the amount of interest and a comparison of its value in gold and cur- rency. It is also claimed that the laws of Con- gress exempting government bonds from taxa- tion only apply to State and municipal taxes, and that the provisions of those laws do not in the least preclude Congress from providing fora tax on all bonds issued under authority of that body. There is no doubt but that this is the correct interpretation of the law; in fact, Congress has already established a precedent by requiring the payment of a specified amount on the income received from these bonds. The Commissioner also reviews the resources of the country and its capacity to bear the enormous burdens placed upon it by our late struggle for existence. The real and personal property of the country is estimated to be, in- clusive of the national securities, eighteen thousand millions of dollars, or upwards of fif- teen thousand millions, exclusive of those bonds. With this amount of wealth as a basis for raising a revenue, the argument is deduced that it is necessary that there should be an equality in levying the tax to meet the obliga- tions of the government, or a privileged class will spring up which will ondanger the very existence of our republican institutions. All classes of property, with the exception of United States bonds, are now called upon to pay their portion of State and local taxes. This class of taxes has become quite heavy, and increased at an alarming rate during the war. If, then, the United States bonds are exempt from local taxation, there seems to be no just reason why they should not contribute toward the final payment of the debt of which they are a part. The testimony in favor of that policy of a number of capitalists, bondholders and bankers, is given in full, which is one of ‘the most interesting portions of the report. The facts thus presented are worthy of the candid consideration of Congress, and the present is the favorable period to take action in the mat- ter. The change which is now going on in the commersial and business interests of the country requires a modification of the Internal Revenue laws in order that'they may be adapted to this | new order of things. This is necessary to pre- vent irritation and jealousy of interests all over the land. There is, therefore, no better timo to readjust the whole question of taxation, and arrange it so that the burden will fall on all alike, than the present. The evils of inequality in the apportionment of taxes, and the danger which threatons us in exempting one class of capital from all taxa- tion, is very clearly depicted in this report. The powor which monopolies will obtain in the political affairs of the country, as well as the direct tendency to revolution on the one hand} or the establishment of a privileged clasg, which will roduce the laboring portion of the com- munity to mere slaves, is shown to be the logical result of exempting any particular kind of property from the burden of our debt. There is no telling the evils that may be forced upon us unless a timely remedy is applied. Whether the system recommended by Mr. Hayes on behalf of the Revenue Commission, and his bill for its practical application, is the best plan that can be devised to prevent this evil, we leave it for Congress to determine. But it must be apparent to every observing mind that some important changes in our revenue system must be made either in the laws or their application, or both. The publio will not long submit to a systom under which one-third of the tax is never paid, nor | the law, and thus depriving the government thirty thousand dollars of revenue now over due. If one company can do this, how long will it be before every organization of the kind in the country will secure the same thing, and The Revenue law of 1865 requires that any person, firm, company or corporation owning or possessing, or having the care or manage- ment of any railroad, ferry, toll-bridge or road, mex*t, with the ap- | laws ff they are’ not to be enforced? The Qongress to | of laws and ths’ most carefully framed pro- amoun.t to nothing under this sya tem of application, We can assure both Con- gress and the Secretay,”, of the Treasury that al! their efforts to meet the nation’s obligations will be fruitless if this is the a stem which 1s ¢ be practiséd, The danger is f. trivial ones but ft will as sareiy lead to » repstdiation party as night follows day, unless this em js remedied. The great mass of the people, who’ pay their portion of the tax, and thus deprive themselves of many luxuries, will not Jong remain silent when they see Wall street specu- lators and rich corporations evading their por- tion of the tax through special intervention at Washington. It is an injnstice to the honest taxpayer greater than human nature will be willing to bear. Tue Bowemian CoRRRSPONDENTS OF THE Coun- ey Press.—Mr. A. T. Stewart, one of our most reputable citizens, having been infamously libelled by a St. Louis paper, in its New York correspondence, has instituted libel suits against the editor and the correspondent, and although he seems inclined to accept a retrac- tion and apology, we sincerely hope that he will take measures to punish these detractors severely, The New York correspondents of the country press have become a common nuisance. They are generally idle, lazy and vicious Bohemians, who hang about the opera and some of the theatres, pay for their admit- tance by puffs, aro encouraged by the mana- gers, and collect all the scandalous stories afloat to send off to country papers. If scan- dals should fail them, they draw upon their imaginations for facts, and perpetrate the most shamoless falsehoods in regard to the pri- vate lives of public men. No citizen is safe from these pests. Their letters, published at some distant city, may never be seen by their Vidiim, Dut he foels the effect of their malice in a thousand ways, through his business and social relations. There is plenty of legitimate news in so large a city as New York to furnish any respectable and industri- ous correspondent with excellent material for his letters; but these Bohemians pick their items from the gutters and invent scurrility by the column. We need scarcely say that no decent newspaper would print such correspon- dence as they concoct; but the editors of the country papers, who would not dare to invade the domestic sanctities of any-of their own townsfolk, geem to think themselves perfectly safe in libelling the prominent men of New York. We hope that, as Mr. Stewart has at last caught one of these editors and his New York correspondent, he will make such ea example of them as will have a most salutary effect upon other libellers of the same class. Tue Raw at Bacpav.—The curiousatory pub- lished in the Havana paper, Diario dela Marina, concerning the raid of American soldiors upon the town of Bagdad, on the Mexican side ofthe Bio Grande, and which we gave in our columns yesterday, strikes us as a very clumsily con- cocted canard. : The probability is thatthe story may have had a twofold object. First, toenable certain parties to get up claims against the United States government for damages sus- tained at the hands of American soldiers, and noxt, to counterbalance in some measure the withwhich ¢he French inter that the United States government «will them.” We dare say it will turn out that idea is at the bottom of the whole story given in the Havana paper. : copperheads; but the fact done for the good ¢f his country during his protracted term of publio life, The two las}