The New York Herald Newspaper, May 9, 1866, Page 6

6 NEW YORK HERALD. DON BENNET?, JAMES GOR 0 D PROPRIETOR. NOON AND EVED BROADWAY THEATHE Brosdway, wear Broome et ~MAZKEPA. Souoou ow | Muxsraeuay, aL Fifth Avenue Opera House, West Jwenty-tourta sireet.—Tux Tune CHRIST 4 TONY PASTOR'S we, DANCING, Bu Hew PERA HOUSE. QL Bowery.—Sixae eaves | &¢. ONE Wuxpuco Years woon's Hotel. 1a FE ats BAN FRANCISCO MINSTRELS, 535 Broa Neiroroltan Hotel — rmioR.am Simatve Danian eae we PPs. RA, Broadway, opposite the St. Nicholas Tu¥ Goop ror Notuine. Matinee BRY ANTS’ MINSTRELS, Mechanics’ Hall, 472 Broad: way.—Necko Comicarittes, BuRLEsques. &c.—Masurra. HOOGEY’S OPERA HOUSE, Brooklyn. —Ermrorian Mise gratis —GALLADS, BURLiSQURS AND PaNTOMIMES. COOPER INSTITUTE, Astor Place.—Dr. Coxon’: Lecrua® ow Nitrous Oxipe Gas, rene DODWORTH HALL, 806 Broadway.—Rev. Paor. ¥. Srrmoue's Laecrune, (Carmmonats or Bxouany NRW YORK MUSE'/M Of ANATOMY, 618 Broadway.= @pen!vom WA. M. UlLIO PM siecle w NATIONAL ACADEMY OF DESIGN, Corner of Twenty- t street and Fourth avenne.—Exnipiriow ov OniaixaL 271 TRIPLE New York, Wednesday, May 9, 1866. SHEET. to inurelhg proper classification of advertisements they must be brought in bofore nalf-past eight o'clock in the evening, . THES NEWS. CONGRESS. fu -the Senate yesterday the joint resolution rolative to (ho attempted assassination of the Emperor of Russia, with an additional amendment requosting the President ty sead a copy to the Emperor, was passed. The joint resolution to exempt crade petroleam from inter nai taxation was passed. The Post Office Apriro- Priation bl was taken up, the ponding motion be- ing on Mr, Trumbull’s amendment restricting the ap- pointing powers of the President, the vote upon which was reconsidered on Monday. Tho" clause requiring re- Port to the Senate of the case and cuuse of removal was, on motion, stricken out. A substitute for his original aimendinent was offered by Mr. Trumbull, the discussion of which was broken in upon by the adjournment. In the House an attempt to postpone the consideration Of the reconstruction report aud continue the considera- tion of the Revenue bill was lost. The report of the committee was accordingly taken up, aad Mr, Stevens opened the deiagte with a speech in favor of the report. He said that the propositions contained in that report were not what he would have preferred, but he believed it was the best that could be obtained in the present state of public opinion. He did not believe that the nineteon Siales could be induced to ratify any proposition more stringent. He would not consider the Southern States as ontitied toa voice in the question of ratification. A feagthy discussion ensued on the third sectiou of the amendment, which disfrancbives all rebels unti! 1970, duriag which the House took a recess. The evening #o5\0n was devoted entirely to the consideration of the Reveaue Will. The tax on cotton was fixed at five cents © pound ne THE CITY. Three now cases of cholera occurred among the passene ers of the steamer Virginia (now on board the Tilinois), on Moniay, and were admitted the same day to the hospital Sixty-five wf the convalescents were re- moved from the hospital ship to the Saratoga, which vossel has been fitted up for the accommodat ion of such persons. ‘There are forty-seven cases still remaining on board of tho Falcon, and the total number of deaths, in- cluding those that occurred on Monday, w just fifty, boing a little more than one-third of the entire number Of the sic’, or thirty-four per cent. Ai tho meoting of the Board of Health yesterday it ‘Bas ordered that the sidewalk stands at the Fulton Mar- Det, whicd extend along Fulton and Beekman streets, D+ removed. The building on the Five Points, recently forced to the Board of Health by Mr. Haliday, has ordered to be torn down, by resolution of the Wommon Council, its eccupancy as a hospital being ob- jectioaadle to certain residents of that locality. The Peesidont of the Board will protest against this proceed- ing. A fuil report of the proceedings, which are of an interesting nature, will be found elsowhere in to-day's eo The Board of Excise met yesterday afternoon. The committes reported that nine bundred additional lieenses had oon granted for New York and one hundred and forty-seven for Brooklyn, since the last meeting of the Board. A roport was submitted and accepted, to the effect tha! (he Board had the power to grant more than one licease to cach person on payment of the two hun- dod aud fifty dollars, At a special meeting of the Board of Aldermen, yester- day, a revolution was passed directing the discontinu- ance of all proceedings in the matter of the widening of Anu and Fulton streets. The Tax Levy, as passed by the Logislavure, was then discuseed, many of the items ap- propriatvag large sums of money being stricken out pre- vious to sending the document to the Board of Council- mea for concurrence. The Board adjourned to Monday next ‘Tho Board of Councilmen mot yesterday and transact- eda large amount of roatine business. A resolution which was presented last week, recommending the Board of Health to establish free public baths through- out the city, was adopted, After waiting till Inte hour for the reception of the Tax Levy from the Board of Al- dermen, the Board, on the reception of the paper, ad- Journed till Thursday. At a mooting of the F 's Club of the American foatit te yesterday the questions, how to secure a crop 0: ptm, the use of plaster of Paris and the building of cvmtey houses, were discussed. Several agriculteral implemente were exhibited. u, or Jubilee Anniversary of the New York sual hool Union was held yesterday afternoon in the Lutheran church, corner of Fifteenth street and Sicih avenue. The religious “services were interesting, and the vocal performance of the children in singing the hymns was highly eulogized by the various speakers. ‘The aaniversary was celebrated also last evening at the Fourth avenue Presbyterian church, Rev. Dr, Ferris presiding. The exercises compriced prayer, singing, the delivery of several addresses, the reading the annual report of tho Umiom, and the election of Officers for the enviing year P Tho annual ammiversary of the American and Foreign Christian Uniog took place last evening at the Presbyte- rian charch, corner of Fifth avenue and Nineteenth streot. Sevoral missionaries and prominent divines ad- dressed tho audience. The recent movements of the Catholic church were dwelt upon at length and thor- Oughty vontilated. The progress of Protestantism and Sunday Schools in foreign lands was also freely dis. cussed ‘The anniversary of the American Missionary Associa. tion was celebrated for the first time in this city, at the Cooper Union, yesterday morning. Addresses were de livered by Major Geneval 0. 0. Howard, of the Freed. moon's Bureau, and Rev, Henry Ward Beecher. ‘The Gfteenth anniversary of the Five Points Fouse of Industry was colebrated yesterday by the examination of over three hundred children in figares, grammar and geography. To-day or to-morrow General 0. 0. Howard, Rev Mr. Minger and others are expected to address the Papel, The Boston Tract Society held their Afty-second anni- ‘Vorssry meoting in Irving Hall, before a very respectable and sttentive audience. Speeches were delivered by Rov Dr. Vermilye and other clergymen on the occasion. Major General Howard made a speech which called forth applause. It is ontemplated that the Boston and Now York Tract Societies will ere long be united. ‘Tho first general missionary meeting of the Universal fst Soctety of Now York was heid Iast evening at the Bloscker street church, at which the Rev. J. H. Hartzell, Of Balai, d@livergd an address on “Denominational Ad- vance,” alluding to the rapid progress of Universaliem WL Veedsioies, Short addromos wore mate vy ae slavory § church, Cniou square. esterday in Doc!or Cheover's Tho denunciation of the Presi- dent and his "policy the chief thome of the orators and the resolutions. Negro suffrage was also an impor- tant topic. Wendell Phillips unbridled himself at both Sessions, and was very bitter on tho President. The other speakers were black and white preachers and women. Collectious were takeu up both morning and evening The Forman will case, involving property to the amount of nearly $250,000, was on before Surrogate Tucker yesterday. 1 contest between the heirs was commenced last fall, and bids fair to occupy the atten- tion of the court for a fortnight longer. The remainder of tho trial calendar was postponed until the 21st. Counsel for the dofonce yesterday argued before Jndge Barnard, in the Supreme Court, Chambers, the motion for the postponement of the trial of the Madame Jumel will case. Mr. Charles O’Conor will follow to-day in opposition. Tho General Term of the Supreme Court has rendered an important opinion as to the powers and prorogatives of the City Judge to issue writs of habeas corpus. The opinion, which is published im another column, states some interesting facts in connection with the issuing of the writ, Judgo Barnard has granted an injunction on applica- tion of the Commissioners of the Sinking Fund and birg B. L. Thorn, restraining the Board of Health from in- terfering with the stalla and stands in Washington Mar- ket. Ia tho United ‘States Commissioners’ office yesterday, before Commisstonor Betts, the nitro-glycerine case, in whioh Otto Burstenbinder is defendant, ys called on, but, in the absence of a witness, an adjournment tilt to- morrow took place. Jadge Ingraham sat in the Court of Oyer and Terminer yesterday for the purpose of proceeding with tho hear- ing of the cases set down upon the calendar; out of a panel of two linndted only thirty jurors answered to their names, and the Judgo intimated that every auld be fined twenty-five dollars for each No case being ready, @here was this morning, when it is ward Jobason will be put on his trial eyed homicide of Patrick Dunlap, on the 12th last, by stabbing him with a knife in the of Jan breast, The Stover r ease, in which Porter is charged with obtad@ing mon r fulso pretences from H. D. Stover, was u © Justice Dodge, anda motion to dist ruled. ron was again brought before Commis. torday on a charge of having attempt. it $20 Dill on H. F, Repper, book- enue B, on the 30th rod no evidence in his of Apri! ne prisoner, ¥ Three men, named respectively Martin Allen, Gilbert McGlave alias McGlory, and James Wells, all charged with being concerned in the robbery of the Adams Ex press car on the Now Haven train, on the night of tho 6th of January last, by which they:securod one hundred and thirty thousand dollars in goverument bonds and bills, were arrested in this city and Brooklyn during tho past week, and forthwith conveyed to Bridgeport, Conn., NEW YURK HH where they were committed in default of eight thousand dollars bail each. With these men it 1s belleved all the parties implicated in the robbery are now arrested. A colored man named John Pernell violently as- saulted another colored man, named Alonzo Prin waitor in Gould’s salooa, in Nassau street, on Monday evening. Prince, however, drew a revolver and fired five shots at Pernell, one of whieh, it is thought, will prove fatal. Jealousy was the motive power. Prince was arrested. Astabbing afray occurred on Thirty-third street late on Monday night. Hdward O'Donnell, livia, im East Fortieth street, was stavbed twice in the face by Michael Dillon, while quarrelling, out the wounds are not dan gorons. The Coroner's jury in the case of Nathan Lavinsky, .} the boy who was killed by being run over by the driver of car No. 131 on the Seventh Avenue Railroad on Sunday last, have returned a verdict laying the blame on the driver. The vetetaas of the National Guard propose orecting a monument in some central location ia the city to the membors of the organization who fell in the late war. Three men uamed Mountford, Collins and Clement were drowned, on Sunday last, by the upsetting of a pleasure boat in which they were going from Staten Island to the Jersey shore, They resided in Jempoy City. The stock market continued dull but steady yesterday. Governments were quiet. Gold was strong, closing at 1298. . There was no ospecial change to note in the commer- cial situation yesterday, though there was rather more animation and the markets were generally firm, while in some instances better prices were realized. Petroleum was active and firmer. Cotton was dull and nominal. Gro- ceries were steady. On ‘Change the active movement in flour continued, and prices again advanc-d 20c. @ 30c. per bbl. Wheat was 2c, a Sc. better. Corn was dull and lowor. Pork was irregular, Beef steady. Lard firm. Whiskey duil and nominal, MISCELLANEOUS. It is now positively stated that the President will veto the Colorada bill on account or the floating character and ‘small number of its population. The Acting Attorney General has decided that bankers doing business as brokers are subject under tho Internal Revenue law to pay duties upon all sales of stock, &c., whother negotiated for themsolves or others. Instruc- tions in conformity with this opinion have been issued vy Commissioner Rollins to assessors and collectors. Our European files by the Peruvian, from Quebec yes- terday evening, contain interesting details of the news to the 26th of April, including ® report of the speech delivered by Mr. Bright, M. P., in London, in support of the American Freedmen's Aid Fund. Eighty thousand pounds sterling had been already sent in to Exeter Hall for the object 4nd more cash was coming. ‘Tho mails of the China, dated to the 28th of April, reached Boston from Halifax yesterday afternoon and ‘are duo in New York early this morning. Advices by way of Havana on the 30th ult. from Mex- joo mention the official announcement to the Profect at San Louis Potosi of a victory over the liberals at Matehuala on the 6th inst, The report that the impe- rialists had occupied Minatitlan was confirmed. A tax is to be imposed by the empire on doors and windows. The Emperor himself appears to be devoting his time mainly to the financial condition of the country, examining the plans of M. Langlais in person. Our latest dates from New Brunswick previous to those published this morning, represented the anti-con- federationists of that province as badly defeated and the Cabinet of the Lieutenant Governor forced to resign. It ‘was supposed that Parliament would not be dissolved, but that the confederation echome would be hastily carried through over the heads of the people. By the news from our correspondent at St. John, it now appears that the anti-confederationists have car- ried their point, that Parliament is to be dissolved to- day and an el ordered. The question of confedera- tion will of coUrse be the issue, and an important one to the interests of the British colonies individually and collectively. ! having divested him of all power in American O'Mahony and Killian are aseailing each otber in documents through the papers. Killian has fay, but holds the lease of the mansion. Secretary McCulloch's visit to Fortress Monroe merely one of pleasure, and has no official point of view. His colored formerly belonged to Mra. Davis, paid his that lady, and was becomingty received. The has returned to Washington, and reports that the prison treatmens extended \o Mr. Davis is unnecessarily severe. fle fi The United States Court at Norfolk, Judge Underwood presiding, was opened yesterday. The Judge charged the jury, dwelling upon the necessity of bringing the rabel loaders to trial for inciting and continuing rebettion. Disioyal papers, be said, should ayt be Waiegiored wud. I Messrs £ W. Crowell and A, M¢A@am, after which tn¢ | A prize fight for 6.x Imandred dotars came off yesterday tev DC Yom!uaon, financial agent, read his report, | Berbing at White House Landing, ou the Virginia side sbowlng the totat re he society to be $8,666. of the Potomac river, bétweem am Collier, of Balti- The thirty-dhind an: ry of the American Anti- | more, avé Race Bolster, of Washington city, which was won by Colfer after forty-mime rounds. Bolster broke his hand in tho ninth roun@, and was badly beaten, while Collier come out of the. ring almost unscathed. On the return of the party to Washington a shooting affray took place én the steamBoat, in which a man named Donnelly was said to be fatally wounded. Three large buildings in Chicago were destroyed by fire on Monday. The loss is estimated at $170,000. ‘The murderers of John L. Campbell were sentenced yosterday at Herkimer, N. Y., to seven years imprison- ment at Auburn, Senator Sherman’s Proposition to Cong |. solidate the National Debt. It is gratifying to notice occasionally some- thing sensible proposed in Congress. Amid the dreary waste of profitless discussion about the everlasting negro, there does appear some- times an intelligent and a patriotic man who endeavors to bring Congress to consider some- thing practical and useful for the country. Mr. Sherman, of Obio, has on several occa- sions lately raised himself out of the mire of radical partisan politics and has taken up with correct views generally the important questions pertaining to our finances, currency and national debt. On Wednesday he intro- duced in the Senate a bill “to reduce the rate of interest on the national debt, and for fund- ing the same.” It provides, as the Senator remarked in his explanatory statement, for a five per cent thirty years’ loan, in the usual form, to be called the “Consolidated Debt of the United States,” and to be disposed of at not less than par, and to be applied to the payment of the existing national debt other than United States notes, commonly known as greenbacks. These few words state concisely the object and substance of the bill. It is a most important measure, and the introduction of if now shows that sound practical ideas on this subject are making their way in Congress. In an editorial article in the Herarp of April 16, on the subject of “the financial problem of the country,” we used this language:—“The next step should be to consolidate the whole debt and make a uniform and reduced rate of interest. A sinking fund, looking to the extinguishment of the debt in forty or fifty years should also be established. This would give stability and confidence, and would lighten the burdens of the people.” We have been urging the same views all along during the last few months. We saw that the Jay Cooke theory of a national debt being a national blessing, and the powerful combined efforts* of the bondholders, backed by the monstrous moneyed monopoly of the national banks, to increase and perpetuate a ruinous financial system, must be strenuously resisted. We have opposed, too, the visionary notions of the currency quacks as to contracting our legal tender circulation. Mr. McCulloch, and the whole Treasury Department, the Chase and Jay Cooke financiers, the host of bondholders, the national banks, which are making fifteen per cent’ on their capital and out of the people, and the radical press of the country in the in- terest of this powerful combination—all were advocating the most impracticable and de- structive theories. It is now the more gratity- ing, therefore, to see one of the ablest and most influential Senators adopt our views, both on the question of the currency as well as on that of fanding the debt. Mr. Sherman, in his proposition to fund the debt and reduce the fn- terest, excepts the non-interest-bearing debt in the form of greenbacks. These are no burden upon the country, and are evidently and properly regarded by this Senator as our safe, healthy and proper currency. It is reported that the Secretary of the Treasury approves of the bill introduced by Mr. Sherman. We hope it may be so, and if it be, we congratulate Mr. McCulloch on the progress he is making and the good sense he shows. The funding of the debt, reducing the inter- est and making it uniform, and creating a sink- ing fund for the extinguishment of the debt ought to be provided for at one and the same time. It would be best, perhaps, to do it all in one bill. The consolidation of the debt, all of it having a long time to run, say thirty or forty years, gives it the character of a perma- nent security, and raises its value accordingly. Old United States sixes of long date always were quoted higher than those of shorter date. It would beso with thenewdebt. Six or seven per cent bonds having only a few years to run,would really not be worth more than American consols bearing five per cent interest running thirty or forty years. In no sense, consequentiy, does | the proposed bill of Mr. Sherman squint at re- | pudiation or injustice to the bondholders. There is not only the precedent set by all gov- ernmenis in thie respect to justify us in doing the same, but we should not be doing any one wrong or breaking faith with the public credit- ors. We have been legislating enough for the benefit of the bondholders and a moxeyed monopoly; it is necessary now to lighten the burfens of the people as much as possible and look more to the general interests of the coun- try. At the same time that a consolidated debt for a long period would enhance the value of the debt as a permanent security, a sinking fund for the ultimate extinguishment of it would raise the credit of the government, in- spire confidence, and make its securities the best in the world. Though this, at first sight, may seem to be an anomaly, it is nevertheless true that both @ long time debt and the cer- tainty of payment increase its value. Theres ought, then, to be ® permanent sinking fund created at the time the debt may be consoli- dated. There is one feature of Mr. Sherman’s bill, however, which is ofe more doubtful character; that which refers to the exemption of the con- sols from taxation or duties by the States, municipal authorities, or the United States gov- ernment, and the provision that the interest shall always be paid in coin. There is no doubt that this would facilitate the funding of the debt; and it may be doubted if the govern- ment would not meet with some difficulty at the outset in changing such a vast amount of indebtedness from one form to another, with- out this tempting pr@vision of the hill. Still, we have to look to the futare and to consider how far the exemption of such a vast amount of property from taxation would affect here- after other interests and the country at large. With regard to promising to pey-interest and principal in coin, that may not operate amiss just now. Yet the time may come—though we hope it never will—when it might not be con- venient to pay in coin, as, for example, in case of war. Besides, the money of the the regular greenback currency, should be the hasis of oll legislatign agd transactions f @, RALD, WEDNES AY suggestions, and ‘ope Mr. Sherman, who has begun right and hag ‘*ken up the matter in eamest, may consider them .“ll, It may be necessary to have another bill to etabilai ® uniform currency, to abolish the nationai »anks, and to create some system by which the papct money of the government may be made as valua- bleas coin. If that should be done, there would be no necessity for the coin clause of the fund- ing bill. However, the main object is now to fund the debt, reduce the interest, and provide for its extinguishment. But a8 no general system of national finance "| will be complete or can be as successful as de- sired until the currency and monetary institu- tions of the country be put'on a proper basis, oue of the first things to be done is to abolish the so-ealled national banks and make govern- ment legal tenders the only currency of the country. These banks are a fraud and a cheat upon the péople. They take tho profits upon three bundred millions of circulation which might and ought to go into the Treasury for the benefit of the public, without pay- ing anything for the privilege, Being call- ed national banks, and issuing 8 cur- rency called national, people have thought they were government institutiona; that e government was liable for their transac- tions, and that they were perfectly safe, while, in fact, they are but private institutions and no more secure than other banks, Their circula- tion is secured, it is true, by deposits of gov- ernment bonds, and this, under all ordinary circumstances, may secure the note holders; but the recent failures show that depositors, and even the government itself, may suffer by their failure. The people aredeceived by those so-called national banks, They are a vast and dangerous monopoly, of no bonefit to the gov- ernment or the people, and only profitable to @ monopolists themselves. The act creating é. ought to be repealed. The government should buy up or retire the bonds now de- posited by these banks by a new issue of legal tenders equal to the amount of their circula- tion, and thus save the interest on these bonds. It would not increase the volume of currency, would give a sounder and more preferable cur- rency, and would save to the country an amount that, at compound interest, would pay the national debt within fifty years. We call up- on Mr. Sherman, who begins to take broad views on the general subject of finance, and upon Congress to lay the foundation of a sound and permanent system of currency, as well as for the management and liquidation of the na- tional debt. Auticipated Hari-Kari of Thurlow Weed and other Jupancse Agents. Our foreign advices published yesterday con- tain the ost distressing news from Japan. It seems that one of the gunboats purchased in this country fot the Japanese government had arrived at Yokohama, and upon examination was found “to be very defective and to. have cost too much.” The result of this examina- tiog having been announced, the Japanese en- gineer who purchased the vessel at once com- mitted suicide. We call this intelligence dis- tressing, not so much on account of these facts, but on account of its anticipated effect in this conatry, The Japanese engineer, like Logan, the poor Indian, may have none to mourn for him, “no, not one; but there are several per- sors here who will probably feel called upon to follow his example, and these persons are very respectably connected and cannot be so suddenly spared by the community. If we are not mistaken, this Japanese gunboat, described as defective and too costly, is one of a pair constructed in this city by Westervelt, under the supervision of Mr. Thurlow Weed and Cap- tain J. J. Cogistock. The Japanese govern- ment sent on three hundred thousand dollars in gold, through Minister Prayn, for the purchase of these two vessels. Minister Pruyn handed the matter and the money over to Secretary Seward, who entrusted the funds and the con- tract to Mr. Thurlow Weed. After considera- ble delay, during which the three hundred thousand dollars in gold probably did not re- main idle, the gunboats were finished, and the irfformation which we have published an- nounces the reception which one of them has met with in Japan. A strict interpretation of the law for such cases made and provided holds Minister Prayn, Secretary Seward, Thurlow Weed, Captain Comstock, Mr. Westervelt, the ship- builder, and Mr. Murphy, the constructor of the engines, accountable as Japanese agents, liable to all the pains and penaltics.of this position, “inclpding the hari-kari. Minister Prauyn may possibly be considered blame- less, on the ground that he washed his hands of the affair when he transferred the money y Secretary Seward;, and the Secretary” may also escape by pleading that he shifted the responsibility upon Mr. Thurlow Weed. For Messrs. Weed, Comstock, Westervelt and Murphy, however, we can find no loophole. They are bound in honor to imi- tate the Japanese engineer who committed suicide so soon as the intelligence of the failure of the vessel was communicated to him. Mr. Weed is particularly in peril, and room No. ll at the Astor House may be transformed ‘at any moment into a chamber of horrors. As the State barber, Mr. Weed always carries a case of fine sharp razors in the breast pocket of his coat, and thus the weapons for his solf- immolation are within his reacb. His nice sense of honor, bis delicacy and his remarkable respect for ancient observances will combine to irresistibly urge him to the rash step against which hie better judgment will in vain protest. He will feel that if the gunboat cost too much it is his fault; if the vessel is defective he alone is to blame; if anybody is to die he ought to be the person, and not the forlorn Japanese en- gincer. We can readily imagine the effect of this logic upon s mind so susceptible as his, and we therefore advise that he be whtched night and day to prevent the accomplishment of the dreadful purpose which now inspires him. No doubt there are plenty of candidates for office under Collector Smythe who will gladly undertake this duty. The bluff Comstock, the ambitious Westervelt and the ingenious Murphy should also be placed under watch and ward, lest their aeute consciences should likewise sug- gest the hari-kari. Indeed, the same precautions might not inappropriately be extended to all the constructors of naval and mechanical fail- ures, from Ericsson and his caloric engine to Dickerson and his Algonquin. If our govern- ment, like the Japanese, should demand the hari kari of these gentlemen our population would MAY 9, 1866.~TRIPLE the whole, we entertain the most alarming an- ticipations in regard to Mr. Weed. His agency in this Japanese business is so clear, his repu- tation hitherto so pure, and his sensitiveness as to responsibility so extreme, that unleas he be deprived of all edged tools, even at dinner, we hall not ‘presume to answer for the con- whe Breedmet’s Bureau—its Mischievous Ind@uence. New Exgland ptilanthropy, the humanita- rian sentiment of tht conscientious district, its horror of slavery ana ef the crueltios of the Southern white man towrds the negro, were the basis and the staple ‘ef the great agitation that foreed the country into war. Now slavery is abolished, there is no’ such thing legally as property in man, but | is a kind of official guardianship of the negro ex: ercised by the Freedmen’s Bureau. The agents of this Bureau are New England men to a very great extent, and thus it happens that the ne- ro has fallen into the hands of the very men who were horrified by the treatment he received as a slave from Southern white men, and every mail from the South tells us of the brutalities practised toward the negro by those tender- hearted philanthropists, The Northern hnman- itarian bas taken the place of the Southern nigger driver of other days only to show that he can be the more cruel of the two and outdo all that maudlin fiction imputed to the other. Our correspondence on this subject yester- day showed how a reverend humanita- tian from Massachusetts attached to the Freedmen’s Bureau, and managing a plan- tation on his own account, actually shot a negro for attempting to “run away,” and this when slavery has been abolished. Now that the great Southern institution has been swept away, the next thing for the country to abolish is the Freedmen’s Bureau. This establishment is the parent of untold evils in every part of the South- ern States. It is simply a gfeat agent for the demoralization of labor. It was origin- ally established in the expectation that it would prevent many of the evils that it was thought would be incident to the changed condition of the negro; but it fosters and keeps alive the evils it was expected to prevent. It was to stand between the negro and the planter and soften the asperities both ways—to prevent idleness on the one hand and bad treatment on the other, But all the idleness, misunderstand- ings and cases of bad treatment are traceable directly to this Bureau and its agents. It is corrupt through and through. It selis negroes to planters at so much per head, and, following the plan of the bounty brokers, sells the same negro over and over to different men. It is not trusted or respected by any portion of the Southern people. Its agencies in the various districts are looked upén as disreputable places, and farmers who wish to respect the govern- ment keep away from them. The Bureau isa constant cause of trouble, and Southern society will never be restored to its natural condition till this bad institution is swept away. It is also a great swindle upon the country. We suppose as a people that we have gotten rid of the great blot in our history; that we have destroyed the iniquitous system of slavery that was our reproach-before the world: t here in this Bureau, under the cover of philan- thropy, the worst evils of that system are per- petuated. It is undewiable that the operation of this Bureau is ideatical with slavery; that it treats the negro just as slavery did, only that it gives the preference in possession to another class of men. The negro has changed owners. He has passed into the hands of Northern capitalists that have political power, and the Freedmen’s Burean guarantees possession. While thus it preserves the negro in a real slavery, it has no responsibility, and thus it is in fact worse than the former system of slavery. Every unprejudiced account from the South agrees in the declaration that the Freedmen’s Bureau is the great obstacle to the complete reconstruction of Southern society, and there should be a great popular movement to abolish it. Tur Paicapevrnta Murverer Prosst.—The horrible crime of Probstin murdering the Deer- ing fumily, which he has now confessed, is so fiendish that for the sake of humanity we would rather throw a pall of impenetrable darkness over it, if that were possible, than to recur to it. But it cannot be obliterated. I is one of those extraordinary crimes that are never tor- gotten. The remembrance of it in our day, and the story of it in future times, will make people shudder with borror. Yet there are those who say that snch a wretch should live, that the death penalty should be abolished. There are pretended philanthropists who would only punish him by imprisonment and after a term of years let him loose on society again. Revolting as executions dre it would be more revolting to know that such an inhuman fiend existed. The only way to prevent such crimes is by certain, terrible and swift punishment. One of the chief causes of so many fearful crimes that have been committed in the coun- try lately may be found in the uncertainty of punishment and chances of escape. Let the man with murder in his heart know that no quibbles of the law or lawyers, influence of politicians, or appeals of a false can save him from the gallows, and be will hesitate to commit the crime he contemplated. Too often insanity is pleaded to save crimi- nals, and we should not be surprised to hear that this plea is made to save Probst. It is said he “frequently laughed while detailing his con- fession of these horrible crimes.” It may be urged that no man, however imhuman, could laugh under such circumstances if sane. It does seem almost incredible, and it would be some relief if we could know the wretch was insane. But the deliberate purpose, conceived some time before the deed, and the manner of executing it, with all the attending circumstan- ces, forbid such a thought. Happily such strocious crimes are rare, but there have been monsters similar to this one whose sanity was as undoubted as their cruelty. We have no heart or disposition to enter into the sickening details of the appalling murder of the Deering family, and for the sake of human nature would throw « veil of oblivion over it; but we feel it is our duty to the public ‘on this occasion to warn the executive, judicial and legislative bodies of the country against yielding to the appeals of sentimental philanthropists about the death penalty. Without this safeguard to society nobody, no family would be safe. Had the law been executed more surely and swiftly than it has been we should not have heard of 80 many murders and perbaps not of this most eoon we very considerably reduced, But, ga , horrible one, The welfare of society is fo be regarded before morbid sentimentality. La. pees ane in such a case to mercy to the The Bank Failure at Washington—The * National System. The failure of the Merchants’ National Bank at Washington is very justly atiracting no puke amount of attention. It reveals the dangers h threaten us under the national = of banking, showing, as it does, the inherent weakness and the lack of the neces sary checks and safeguards to prevent those institutions from falling by their own corrup- tion. The loose manner in which the businese of this bartk was carried on shows very con- clusively that there is something radically wrong in the organization of the national banks, While this failure has only revealed the mode of doing business by one of these banks, it nevertheless gives thé public some idea of ‘the rottenness’ of the wholé system, and the chances for. a general collapse of the national banks throughout the country. . It is, to be sure, only the beginning—the opening of one of the ulcers in our financial system inauge- rated by Chase for political purposes, We fear that it is only the commencement of 3 seties of explosions of the same or similar character all over the country, and therefore calls for the immediate attention of Congress. If Comptroller Clarke had attended to his duty we dare say that this collapse might have been prevented or at least the government saved from loss. But it appears that he did not understand his duties, and instead of watch- ing the banks turned his attention to criticising and overhauling his superior officers. He was placed in his present position for the purpose of looking after the banks and protecting the public as well as the interests of the govern- ment. But such does not appear to have been his interpretation of the-fanctions of his office, and he therefore let the banks run to suit them- selves, while he spent his time in writing letters and pamphlets about the Secretary of the Treasury. We trust that the developments in regard to the failure of this bank will (p suf- ficient warning to Mr. Clarke to, attend to the affairs of bis own office and let those of the Secretaries alone. He has at least received « significant hint which he will do well to act upon hereafter. Secretary McCulloch and his deputy, Mr. Spinner, have also, in the collapse of the national banks, conclusive evidence of the danger of intrusting the funds of the Treas- ury Department in the hands of these concerns. These facts do not remove the responsibility from the shoulders of Congress in this emer- gency, but, on the contrary, call for immediate and positive legislation from that body to pre- vent a universal collapse of the national banks. The Bank Committee have now a duty to per- form. That committee have done nothing this session. They have reported no bills nor taken any action in regard to the banking interests of the nation. They have now plenty of work to do, and can obtain. the facts neceasary to guide their actions without leaving the national capi- tal, The committee should proceed at once and make a thorough investigation of the cause of the failure of the Merchants’ Bank, and upon the facts thus ascertained prepare a law which will remove all further danger in the fature. This much it ts their duty to do; and if thet” committee allows the session to pass away without devising some means to protect the people from the iosses which must inevitably follow uniess additional safeguards are thrown around the national banks, they will merit the censure of the public. Coa- gress, a4 well ag the official at the head of the Banking Bureau, have now an important duty to perform. They cannot commence this task too soon for their own reputation and the good of ihe couniry. The explosion of the Chase systom of national banks has com- menced, and it rests with Congress and the officials at Washington to determine whether the failures should stop here or spread all over the country. Both houses have been spending @ great deal of time in legislation about the negro, endeavoring to create a new system of slavery for the blacks under the Freedmen’s Bureau, run by New England parsons, and at the same time degrade the white people. It is about time that they abandoned their schemes to inaugurate a new system of African slavery and looked after other important interests. The public now expects Congress to attend to the banking interests, and see tht proper safe- guards are placed around the national banks, and to perform that duty without delay. Tue Cuotera Scanez.—Among the most ridiculous attempts to create a sensation or panic is the one respecting the existence of cholera in this city. Every sudden death, no matter from what cause, if it Have any resem- blance at all to the dreaded pestilence, is pro- nounced at once to be cholera, and fumiga- tion, the application of disinfecting materials, and a general stampede among neighbors fol- low. There is no occasion for this alarm. The fatal cases of sickness that have occurred and been attributed to cholera have been proven to be nothing of the kind, but diseases likely to have happened at any time of the year under similar circumstances. The preparations of the Health Board are ample, and there need be, we sincerely believe, no apprehensions of & serioug epidemic in this city the present season. Farat Expvostoxs.—Explosions by steam, gunpowder and nitro-glycerine, are becoming alarmingly frequent. Every day we hear of steam boiler explosions, about every other day we have a report that Dupont’s, Hazard’s or Laffin’s powder mills have been blows up; and the melancholy in- stances of the loss of life by the explo- sion of the new combustible, nitro-glycerine, are too fresh in the memory of our readers rare in Europe, and it would seem that we Americans are cither careless or do not pos- sess a proper knowledge of dangerous explo- sive materials, or these accidents would be Jens frequent. There should be some stringent law respecting powder mills, as there is in tegard to steam boilers; and as for the new and terrible explosive, nitroglycerine, the sooner it ceazes to be an article of commerce the better for every commanity. — Tamery Tax Asovr tas Excist Law.— There is a great deal of talk and considerably more thirst about the Excise law. In his thirsty talk on the many an old toper and barroom is beside himself ia his wrathful denunciation of the law. No donbt political capital will be mado of it all around, while the ides of practical temperance refarmation is a secondary consideration. Tat us Wail gy abide the copult of ite workings