The New York Herald Newspaper, May 22, 1866, Page 6

8 NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR OFFICE N. W. CORNER OF FULTON AND NASSAU STS. jo. 142 Velume XXXI. AMUSEMENTS THIS BVENING. BROADWAY THEATRE, Broadway near Broome stroet.—Mazurra. WOOD'S THEATRE, Broadway, opposite the St, Nicholas Hotel.—Tux E.ves—Tux Foo. or ts Famity. GEORGE CHRISTY'S—O.p Scwoou or Mixstnezsr, Mosca Gras. 4c., Fifth Avenue Opera Zand 4 West Twenty-fourth street. —PRree On tax Max Anout Town. TONY PASTOR'S OPERA HOUSE. 31 Bowery —Sinx mo. Dancing, BUnLxsquss, &o.—Hoouigax, Tum POST. SAN FRANCISCO MINSTRELS. 585 Broadway, opposi Mottopelitan Hovel—Eruioriax Stxaing, Danco bene ‘BscPducon; on, ram Two MOUNTERANKS. BRYANTS’ MINSTRELS, Mechanics’ Hall. 472 pags acno Commcauiriss, Bumizsgues, &¢.—Tar Live HOOLEY’S OPERA HOUS! n.—Er Mu preuisyBautaos, BUnuwqves ane Bintouiwes a BROOKLYN ACADEMY OF MU@IC.—Conceat ny me Buxtnoven Society or Yatx Cotiegs. BROOKLYN ATHENAHUM.—Tas Auuscaastan Vocat- ast AND Bux Rixarrs, DOPWORTH HALL, 806 Broadway.—Ma. Haxay Brron's, Guanp Concent. IRVING HALL, Irving place.—Proressor Comincio Gaguiano’s Gaann' Concer. CLINTON HALL, Astor Place.—Saw Corvsy's ENtsR- ‘TAINMENT. COOPER INSTITUTE, Astor place.—Usion SunpaY Scuoot Graxp May Day Festivat. NEW YORK MUSEUM OF ANATOMY, 618 Brodway.— Open from 10 A. M. till 10 P, M. TRIPLE SHEET. New York, Tuesday, May 22, 1866. TO ADVERTISERS. Advortisements to insure a proper classification should be brought in before nalf-paat cight o'clock in the evening. EUROPE. The steamship Cuba, from Queenstown on the 13th of May, reached Halifax yesterday afternoon on her voyage to Boston, Her news is seven days later, and of a highly important character, The financial fever which agitated the London Stock Exchange in such an unhealthy manner for a few weeks before had culminated in a most disastrous, unprece- dented money panic, which produced, in twenty-four ‘hours, failures and suspensions involving over eighteen millions of pounds sterling, an almost total suspension of basiness in the great centres of commerce, a ‘ bound- leas’ distrust in the public mind, tho suspension of the Bank of England Charter act, and an advance of the rate of intorest to ten per cent. The houses of Overend, Gurney & Company, Sir Morton Poto and others were closed, and contractors and speculators went “by the board”’ on all sides, from the 9th to the 12th of May. Scenes of oxcitement almost tumultuous took place in Lombard street. At the latest moment new tailures wore spoken of in Liverpool, and the name of a ‘house “well known in the American trade” was “freely” mentioned. The Bank of England raised its rate of discount to nine ' rir NEW YORK HERALD, TUESDAY, MAY 22, 1866,—TRIPLE SHEET. favor of and against the consideration of the President's veto message returning the bill for the admission of Col- orado, the question was made the special order for next Tuesday. The Fortification bill was passed. Mr. Sher man’s bill for the funding of the national debt was made the special order for to.day. The House resolution for an investigation into the affairs of the Freedmen's Ba- reau was tabled. In the House, besides a great deal of unimportant business, a resolution was adopted appointing s commit- tee to investigate the action of the Freedmen’s Bureau. The Dill authorizing the appointment and payment of servants at the Executive Mansion was passed, The con- sideration of the Tax bill was then resumed. Evening Sessions will hereafter be devoted exclusively to the Tax bill, THE CITY. Aconfiagration—perhaps one of the largest that has ‘occurred in New York for many years—took place about midnight, and at the time of our going to press all efforts at its extinction have proved futile. The fire broke out at fifty minutes past eleven in the Acadomy of Music, corner of Fourteenth street and Irving place, and owing to the light character of that building the flames speedily enveloped it and laid it in ruins, spreading thence to the New York Medical University and adjoin- ing buildings. The fire, unchecked by the strenu- ous efforts of the firemen and eduntless streams of water playing from all sides, held com- plete mastery and extended into Fifteenth street and across Third‘avenue. In a short time after the breaking out of the flames the ceiling of the Academy foll in with a tremendous crash, anda volume of flame of immense magnitude’ burst forth, setting fire to the Church of the Redemption in Fourteenth street. At half-past one this morning the entire block facing on Fourteenth street was completely destroyed and the flames were rapidly spreading. The foreman of Engine Company No."5, as well as several others, wero misaing. after the falling of the walls, and doubtless fell victims to tho flames. The Dutch Reformed church in Fifteenth strost was also in flames, and though every eftort was made to prevent its total destruction, it was without avail. As closcly as can be estimated the actual loss of property up to half-past two A. M. could not fall short of $1,500,000, ‘Lhe Board of Aldermen yesterday reczived resolutions: requesting the Comptrdiler to submit to the Board a de- tailed statement of all piers and ferries owned or leased by the city, directing the immediate removal of the rail- road tracks laid in Broadway betwsen Thirteenth and Fourteenth streets, authorizing and directing the Comp troller to procure a site whereupon to establish the office of the Department of Public Charities and Correct’ons, and requiring the Comptroller to submit to the Common Council all leases of city propepiy hereafter made by that oficial, The Board adjourned to Monday afternoon next at two o'clock. : A meeting of the Aldormanic committes appointed to discuss the expediency of removing all stoops and areas on ‘Nussau street occupying mors than cighteen inches of the sidewalk was held yesterday. Mr. Joseph Daly appeared as counsel for the occupants of many promises on Nassau street, and protested energetically against the adoption of the proposed measure. A further heating of those in terested was postponed until Monday next, The Health Officer in charge of the hospital ships at the Lower Quarantine reports yesterday no admissions or ccaths since last report, and that all the passengers on the Virginia, Illinois, Portsmouth and Saratoga are in good health, The Virginia came up to the city last even- {ug from the Lower Quarantine. The strike of the ship carpentors, caulkers and joiners Stl continues, A meoting of the honse carpanters was held lastevening at No. 267 Bowery, to raise fundsin adof-the strikers, Several speechos were delivered, Mr. Griffin, of the Shipjoiners Association, statimg that Mr. Wyman, a master builder, had threatened to shoot him with a revolver while making an explanation of a matter in relation to the strike, and that Mr. Wyman had been held in one thousand doliars bail befere Judge Mansfeld to answer the charge. ‘The Germans wero engaged in their annua! Whitsun- tide festivities yesterday, and the parks in the upper Part of the cityon this occasion were crowded by visitors, Reports of their procecdings wiil bo found in ,another column. (Per cont on the ith of May, and on the 12th instant advanced it to ten per cent. The bullion in the Bank of England decreased to £353,000 during the week. Con- sols closed in London on the 13th of May at 863; a 86%. Thore was nothing doing in American securities on the 11th instant, the distrust which existed in floancal vircies checking operations. United States five twenties wore (nominally) at 60065. Thore was a general im- Provement in all descriptions of securities on the 12th instant, and the five-twonties were at 64 0 66. The German question was regarded as on th> very point of war, although hopes of a Congress were still en- tertained in some quarters, Prussia had massed her en- tiro army on the frontier, Austria had called out “every The revelations of the alleged Fenian swindle, it ap- Pears, have not yet all Gome to light. Another investi- gating committee in Brookiyn aro inquiring into the in- tegrity of the lato District Centre of Long Island, Pierce Shehan, Th®tunds realized at the ladios’ fair aro not forthcoming. Head Centre Stephens w ill receive an ovation at the Brooklyn ‘Academy of Musi¢ on Thursday evening. The pupils of the colored grammar school No. 1, at 135 Mulberry street, gave ap exhibition yesterday, in which they acquitted themselves ‘admirably.’ Some of the most prominent colored goutiemen of the city are graduates of this institution. Last even'ng Mr..C. G.\Hutch inson, of Kansas, in the Cooper Institute, read tothe ‘‘ New York Association for soldier," Italy was mos: energetic in her war prepara- |-the Advancemont of Scipnos ' a very interesting paper ‘ona, Bavaria had mobilized her army, Turkey was about to take the same step, and Russia is reported as moving ® portion of her forces. Napoleon delivered a ‘Most significant speech at Auxerre, in which he said be “detested” the treaty of 1815. The words were regarded asa “signal” for war. An attempt had been made to assaasinate Count Birmark in Berlin. The United States Minister in Vienna had protested against the march of Austrian volunteers for Mexico. Some of the newly raised companies were disbanded in consequence. Others had entered the Austrian army. The Liverpool cotton market recovered from a decline, which existed during five days, on the 12th of May, and was firmer at an advance of one-balf of a penny. Bread. stuffs were quict and firmer. Provisions dull and down- ward THE SPANISH FLEET AT CALLAO. By the arrival yesterday morning of the steamer Arizona, from Aspinwall on the 18th inst., important intolligonce has been received from the seat of war in the South Pacific. The Spanish fleet under Admiral Nu- fioz, on its way to bombard the city of Callao, Peru, was badly beaten by the shoro batteries in the harbor, the voasels shattered and Nufiez himself wounded. The fleet, according to the accounts of our correspond. conta, feinforced by tho frigate Almanza, raised the blockade at Valparaiso on the 14th of April and steamed for Callao. The American squadron, under Commodore Rodgers, followed the next day, for the purpose of pro- tecting neutral property in case it should be the inten- tion of the Spanish Admiral to bombard that port. On tho 25th of April the fleet found stseif tying off the har. bor of Cotto. The first intelligence of this movement received by the Peruvians at Callao was by the English mail steamer on the same day that tho dréaded visitors arrived. The gr atest alarm oxsuod, but it subsided as it became cer- ‘ain that the Spaniarce did not meditate an attack that day. On the next day, however, formal notice was given the city that the Spanish fleet was then to operate against it and that four days wore allowed for the re- moval of non-combatants and foreigners, The greatest wot vity was then manifested for the removal of the pri- vate property of citizens, But the defences of Callao were quite formidable, and ‘an attempt was determined apon to beat off the Spaniards, Tho Peruvians evidently dreaded thp heavy weght of metal that the Spanish feet could throw at thom, and Tooked forward to the issue as doubiful, But they went mantully to work, throwing up earthworks and preparing {or the combat. A system of telegraphing was extended to all the batterion and torpedo boats wore held in readi vee for wee if available, The Isto May-boing foray the attack was postponed, nt oft ME TNE grand tet of strength commenced ' @. Uptles Le fire boing returned by the 1 Villa 6 Movrid and Blanca, on the north. 4 tho Namaneia, Resolucton and Almanza on tho south. The Villa de Madrid and Berenguela were so ludly damaged eatly in the fight that they were obliged to withdraw to San Lorenzo, and they wero afterwards ‘lowed by the Namaneia and the rest of the fleet, more or less damaged, Tho fight lasted till four o'clock In the afternoon; thon terminated by the withdrawal of the Spanish fleet, Sixty Peruvians are re killed and one hundred nid twenty wounded. Bonor Galvea, the Secretary of War, was killed, The fae of the Spaniards is not known; but it is supposed to have been heary. It is r.mored that Admiral Nufies is severely wounded. After going out the fleet resumed their old position, on the subject of practical experiments in planting and tho cultivation of forest, fruit and ornamental trees in prairies and governmentiands, and urged the necessity of Planting young timber trees to supply the annual diminu tion of full grown timber in the regions of the Union in which it most abounds, The crew of tho ship Cultivator have commenced a civil action for damages against tho captain of that verse! in the Marine Court. It is all ged that they were horri- bly abused by the first officer of the ship during a voyage of fifty days from Liverpool to this port. The first officer is not to be found, however, and they claim that the captain encouraged him in his atrocities, ‘One man was so badly beaton that he threw himself overboard, and others were knocked off tho yardarms and struck over the head with marlingspikes. The captain was arrested and beld to bail, Judge MeCunn, of the Superior Court, was engaged yes- terday im trying the case of JoasphT. Martin va, William A. Farnsworth, in wb.ch the plaintiff sued to recover the value of a tugboat alleged to have been lost through the carelessness of the dofendavt. Damages aro laid at $15,000, The case is still on. George Gladwin, one of the convicts recently pardoned by Governor Fenton, sent a letter to the Hzratn on Sat- urday, offering to disclose the hiding place of some bonds stolen at Boston, in August last. He confesses to being the man who abstracted bonds from the St, Nicholas Hotel and forged a check on H. ;Trowbridgo in New Haven. He is now under arrest for carrying counterfeit currency on his person, His reasons for making disclosure are that he wishes to obtain the reward 1 ed, $6,000, and to vent a little spite on some one con- nected with him, He was pardoned out of Sing Sing on condition of restoring the lost property, but suspecting foul play on the part of the officials who secured his par- don he escaped from them without giving thom the de. sired information, On Sunday aman named Lewis H. Gardner and six othors were entering tho slip foot of Fifth street, East river, in a sailboat, when their boat capsized and they wore precipitated into the water, They wore all rescued excopt Gardner, who sunk before assistance could reach him, and was drowned. Hix body was subsequently re- covered by grappling, and conveyed. to bis late resi- dence, 147 Goerck street. The body of Elias H. Tichenor, who was drowned on the night of the 2d instant, by falling overboard from @ echooner lying at the foot of Rivington street, Kast River, was discovered yostorday in the same dock where he was drowned. James P. Walker, a politician in the Nineteenth Ward, and John H. Wright, an officer of the police, wore re- quired to give bail yosterday to answor a charge pro- ferred against them of obtaining money under false pro- tonces. Tne stock market opened steady, became strong, and closed unsettled yesterday. Governments were nog- lected, but steady. Gold was kept steady by govern- mont sales at 1303 till near the close of business, when it rose to 133, and afterwards relapsed to 13144 0 >. ‘Tho firmness and buoyancy in the gold market exerted considerable influence in commercial circles, the market being generally firm, though rather quiet, Foreign merchandise was held at fall prices, and im some cases ruled higher, Domestio produce was genetully firmer, cotton, petroteam, provisions, &c., boing decidedly jm the seller's favor, MISCELLANEOUS, Our San Frinclaco correspondence gives interesting details of affairs in Moxico, The fight between Corona | and the garrison of Mazatlan was a vory brik | hant victory for the fiborala A squad of Ameri | cans who were in Corona’s ranks sct.d as sharp ‘and commenced repairing. The future movements of the defeated fleet are not known; bat it is présumed, im v ew of the near approach of the Hucscar and Indepen- oncia, added to this formidable disaster, that ite early return to Bpain will be effected, If possible, CONGRESS. fa the S-nate yesterday. after considorable debate ia shooters during the encagement Without doinying Corona immediately attacked another co-operating expedition under Lozada, and completely routed it He ts now master of tho position in Sinaloa, ‘The heavy import duties and forced toans still continas, Duties on single cargoes of morchan- dise from = Furooe = in the =month «of = Aril ‘have amounted to from $130,000 to $160,000. Ortega, the opponent of Juares, proposes to enter Mexico from Califegnia, A letter of General Brincourt, one of the Frenot commanders, is published stating that he believes the cause is by no means popular and the relations with the United States are threatening. He therefore intends taking «leave of absence with no expegtation of return- tog. Our news from Venesuela is te the %th instant. killed in the streets by some Japanese whom Jaid down in London at about sixteon and a half pence per pound, There was a large quantity, of inferior tobacco on hand. Eighty-seven cass of arms were seized at Erie, Pa on Seturday night, belonging to the Fenian Senate in this‘ olty and shipped to the Head Centre at Erie. The few Fenians who had remained at East- port disappeared on Saturday night with some of their boats which were attached for debt, The Treasury De- partment has been notified that the Collector at Rouse’s Point, N. ¥., seized 1,700 rifles’ last week, which were supposed to have been intended for the arming of the Fenians, The tornado at Rochester on Sunday committed more damaze than was at first supposed. Tho loss may be eatimated at tena of thousands of dollars, Hailstones, an inch in diameter, covered the ground. ‘A German was killed at a picnic near Newark, N. J., yesterday, by blows with a mallet, Three persons were arrested. A large portion of the tunnel on the Mountjoy branch of the Pennsylvania Railroad fell in yesterday. No one was injured. The railroad bridges betwoen Dalton, Ga., and Chat- tanooga, Tenn, have been washed away. General Howard, the Commissioner of the Freedmen's Bureau, has issued a circular forbidding investments in the planting interest with citizens by officers or agents of the Bureau. The Battle at Callao—Spanish Barbarity and Seward’s Diplomatic Duplicity. Spanish barbarity on tte Bouth Pacitic coast is gnly equalled by Spanisb ignorance an? imbecility. The bombarjment of Val- paraiso was inhuman and treacherous; the atiack on the formidable batteries at Callao was simply suicidal. The unenviable success of the Spaniards at Valparaiso excited only the contempt of civilized nations; their unquali- fied and tota! defeat at Callao will be bailed by the samo nations as. a well merited punish- ment for their inhumanity, The fall details which we publish trom our several correspondents are of absorbing inter- est. The Spanish Admiral, Nufiez, raised the blockade of Valparaiso on April 14, and steamed for Callao with the intention of bom- larding that city. But, as will be seen by the actpunt which we publish,no bombardment took place. The Spanish’ Admiral soon found that he had “come to be eaten instead of to eat;” and the formidable batteries of the Peruvians proved too much for the Spanish floet. In @ fight of five hours duration, maintained with great vigor, the several vessels of the Spaniards were disabled, the Villa de Madrid and Berenguela being pierced through and through, the heavy iron plating of the boasted Numancia being perforated, and the Spanish Admiral badly wounded. One Peruvian battery was silenced and another accidentally blown up. There is yet another act of this drama to be played. The Spanish fleet, disabled and short of ammuni- tion, powerless for offensive operations, must now either seek the safety of a neutral port or meet in open combat the formidable Peruvian iron-clads Huescar and Independencia, which are doubtless already in the Pacific Ocean. The» result of such an encounter will be, without doubt, the annihilation of the disabled Span- iards. But whether the Peruvian and Spanish vea- sels meet or not, the war against the allied republics is at an end. The Spaniards have been ignobly defeated and are powerless for further operations, They will mect with no sympathy in this couniry. Spain no longer commands the respect of civilized people. Once she was an enterprising and chivaltic nation, but within the last centary has grown more and more debased, until she has come to be ranked only with barbarous and pira‘ical nations. She no longer commands the respect even of her own agents and officers, and Ad- miral Nuiiez, while blindly obeying his infa- mous orders to bombard Valparaiso and Callao, expressed his abhorrence of the mode in which the war was being carried on. But if we condemn the barbarity of Spain, what shall be said of the not less disgracetul attitude in which this country bas been placed upon this question by our Secretary of State? This country was and is the reel arbiter in the Spanish-Chilean difficulties, as she is in all dis- putes between foreign aggressive Powers as against the republics of this continent. The United States is naturally the guardian of her smaller republican neighbors. The Monroe doctrine is but the iteration of this idea; and until lately that principle was with our people hardly less sacred than the constitution. Mr. Seward has brought it into contempt by his double dealing and duplicity, and partice- larly by his failure to en“orce it by interven- tion in the affairs of the allied republics. He promised enough, bat performed nothing, when a word from him to the Spanish Minister, spoken with official earnestness, would have long since settled the whole affair. But, instead of speaking that word when it would effect some- thing, he went to San Domingo and St. Thomas, to talk with Baez and Santa Anna about the duty of this country as protector of the infant republics of the continent in the same sense that a great fortress protects its outward buttresses; and then, returning, has, by his inaction, left this people in the disgraceful atti- tude of a garrison of a main furtress abandon- ing the smaller garrisons of its approaches to fall into the hands of s mutual enemy. Mr. Seward has acted with great duplicity and very unlike @ statesman in this matior, At the very moment that Spain was preparing to bombard a defenceless city ho weatto Havana and pub- lioly asked the blessings of Heaven on the ie- generate Spanish nation and the perpetuation of its dominions on this continent, He hasever since been called “ihe greatest statesman of the age” by the Spanish, whose praise is worse than half scandal ; {t is positively damning to an ofcial of republican principles. He makes this country falsely appear as the ally of Spain, and the South American republics, some of which he refused to recognize, and all of which he criminally and agatnst the principles of this people and governmet refused to pid. really look upon us as the only ally Spain has had in these disgraceful affairs. Some display of manliness on the part of Kilpatrick and Rodgers in the Valparaiso affair won for us a slight respect; but these officers were mere agents, and Mr, Seward, and Mr. Soward alone, is responsible for the inaction of our fleet, and it is he alone who has brought con- tempt upon this country. Europe and the United States ima Fi- mancial Point of View. The fiiancial condition of Europe lately has been much disturbed and continued so up to the Intest dated. The announcement of heavy failures had caused great excitement, and all the large and controlling moneyed establishments had taken measures to protect themselves from a drain of specie. The Bank of England had raised the rate of discount from seven to eight, then to nine, and finally to ten per cent in the space of forty-eight hours, the banks of Frankfort and Holland to six per cent, and other great central moneyed institu- tions throughout Earope were taking similar pre- cautionary measures, while foreign exchanges were advancing everywhere. There is more than one cause for this state of things; but the chief cause is, undoubtedly, the war cloud that overhangs the continent. The London Times attributes it in a great measure to overtrading, and says that “relief can only be looked for by a sudden contraction.” Still itis evident that the warlike attitude of the two great Ger- man Powers and the general feeling of uneasiness and uncertainty as to the chances of a European war have much to do with the financial situation. We see the effect of this state of things here. An extraordinary de- mand for specie is made on this country. Last week there was shipped to Europe little less than nine millions of dollars—a sum larger than ever was transmitted before within one week. | Now, while Europe is thus disturbed, and the great moneyed institutions of England and the Continent have to resort to extreme measures to pidtect themselves and keep specie at home, we can “hiv the gnormous sum of ning infIlions in one week without feeling it very sensibly. We do not say we could ship this or any approximate amount every week without serious inconvenience, nor will there be any necessity for doing so; but it is clear we are in a posilion to do more in this respect than any other nation. We are in a situation to become the great moneyed Power of the world, fi we only knew it and would lay down a system in ac- cordance with the fact, We are and shall be subject to disturbances and fluctuations, os all other nations are, from overtrading and specu- lations; but these are only ripples on the surface, and soon pass awaz. Our vast re- sources and enormous productions, both of the precious metals and the materials of primo necessity, piace us ina position that neither England nor any other nation occupies. In fact wo have grown above those distarbing contin- gencies that used to bring serieus disasters and that now create trouble in Burope. A ship- ment of nine millions of gold in one week, in former times—at such a time, tor example, as the financial tronbles of 1837--would have created the greatest disturbance. Hundreds of commercial houses and banks would have felt a shock, and widespread trouble might have been the consequence. Now, how- ever, we can’ part with such a vast amount of specie scazcely feeling it, and still have an available rosezve of the larges¢amount for any contingegcy. A certain class of timid alstmists look with astenishment at this state of things and continue to predict disasters that never come, These people cannot realize our extraordinary devclopment and situation. As our almost illimitable resources become Bettor known onr means and crodit will rise higher. We hardly know them ourseives yel; even our public mea have had such an imperfect conception of them that they have blundered strangely in their calewa- tions and legislation. A country that can raise am ordinary revenue, without loans, of five bundred millions of dollars, cau have no fear about its credit or the payment o€ its debt. Our debt, which would sink almost any other nation, though nearly all contracted within foar years, need not give us eny um easiness, We can not only pay the intcrost without feeling it much, but we can pay the princtpal within the lifetime of one generation. "The cotion cfop alone amounted last year to six or seven times the yearly production of the precious metals, great and valuable as these productions were, and cotton is equivalent te gold, if not better, in the exchanges of the world, What is to hinder us, with such ne- sources, ftom becoming the financial centre of the world? The Treasury Department has almost insen- sibly and from the necessity of circumstances drifted into a system similar to that of the Bankof England in operating upon the money market and foreign exchange. It will be well to establish @ permanent system of this ehar- acter, Let as have the government legal tenders as the only and universal currency, like the Bank of England notes in Great Britain. Let there be an ample specie reserve always on hand in the Treasury or in some other legalized national depository, which can be used to give security and to regulate ex- change; then we shall commence to be what we ought to be—the regulator of the financial operations of the world. New York will take the place of London. The rate of exchange would be brought down gradually, and without a high protective tariff or contraction of the currency, which some of our radical contemporaries demand as the universal panacea, we should soon find specie abundant enough. All we want with a tariff is tor an ample revenue; the industry of the country can take care of itself, and that will help to keep the coffers of the Treasury sufficiently filled with gold. We want no increase of the currency, but one tha ; is uniform, based on the credit of the gover a- mént, ‘® legal tender, and one that the peo pie can have perfect confidence in. With su ch a comprehensive system established we nee 4 not trouble ourselves about forcing specie, pay- ments or protective tariff. We shal’, come to specie payments as soon as it will be healthful to do so, and # revenue ‘riff will give at the same time sufficient prot ection and keep the Tronmuny <tent eapplog.» rir golds Pavezge Tuxatres.—The Barot.m Managers’ Association recently sent on its man Stuart, of the Winter Garden, to Washi ¢ton for the pur- pose of getting relief from t',9 payment of taxes on their theatres, Barnt.m’s man Stuart had an interview with th~ committee of Coneres. and put in a, plea for relief in forma pauperis. He stated that the theatres which he repre- sented, and which “do not advertise in the New Yoru Musatp,” were not doing a remunerative business, and therefore could not afford to pay the tax of three per cent on their incomes. The newspapers in this city and all over the coun- try pay 9 tax of three per cent on all their ad- vertising, and we have not heard of one that asked to be relieved from paying it, We paid last year a tax of Gfty-two thousand dollars—a thonsand dollars per week—one half of which was for advertising, and we did not complain. Every newspaper in the country paid in pro- portion to its advertising business, and not one of them sent a man to Washington to beg off the responsibility to the government. Bar num’s Association proposed to the committee that the theatres should only be taxed on their net profits, If this proposition was acceded to the Revenue Department, according to their agent’s statement, would not receive a very heavy eum; for as their profits amount to noth- ing the tax would be nil. If the frm of Bar- num, Stuart, Wheatley & Co. cannot keep a profitable business going why don’t they shut up? They are only ocoupying so much ground that might be employed by people who can afford to pay the taxes without grumbling. Theatres which are reduced to a condition of pauperism are of no value, either to the public or the public treasury. The Freedme aa-—Slavery Re- stored in the Sou y the Old Puritang Revived. The moral sense of the people of the North has been shocked by the developments follow- ing the investigations of General Steedman in regard to the working of the Freedmen’s Bu- reau in the South. Our despatches trom Wash- ington furnish rumors in relation to the action of the government in the premises—the removal of certain officials in the Bureau, and the proba- bilities of the resignation of General Howard, the Chief Commissioner. As to the former re- port, there is no doubt the government will act promptly; and as to the latter, the good sense of General Howard will point out to him the propriety of washing bi# hands of such a corrupt concern as the Freedmen’s Bureau *** proved to be. The Commissioner has the repu- tation of being a kind, honest and humane man. He ‘s opposed to frauds and corruption in any shape. His conscience, therefore, must revolt at the gross peculation and crusities his subor- dinates have practised and would continue to practice were it not for the interference of the strong arm of the gencral govermment. Gene- ral Howard, out of self-respect, ought to re- sign. This is the best thing he can do for his ownreputation. But itis painfal to contemplate what will become of the poor negroes, whose sufferings are now so acute, when they shall lose the tender guardianship of so compassion- atea friend as General Howard, Yet we believe they can rely with as much con‘idemse for care and kindness upon those who were once their masters as theycan upon those who now rule them and command their services by virtue of the authority of the Freedmen’s Bureau. They cannot be mach worse off, after all, than they now are and be considered human beings enti- tled to Irmmane treatment. This whgle system of a Freedmen’s Burcawis a relic of the past. It is an heirloom descend- ing from the old Puritans of New England ts the new Puritans of the present day. It comes: from the times when Quakers were hung and when that matchbess Puritanical robber, Cap- tuin Miles Standish, made raids upon the poor Indians, stole their lands, destroyed their dwellings and crops, snd foreed the maltreated savages Into a bondage worse than that of Afri- can slavery in any pesiod of the world’s his- tory, As the Purituns-of 1620 were the harsh and relentless taskmasters: of that day, with the “untutored savage” as their victim, so the poor freedman of 1868 is the victim of the descendants of that canting, famatical, tyran- nical and cruel sect. ‘There are thousands of Miles Standishes in the South whe have taken plantations, either from their rightful owners or from the government, and are now. having them cultivated by the forced andinon-requited labor of the unlettered freedman:. These white taskmasters and negro drivers ¢omprise the crop of Puritans of the present generation. They have been mostly raised.in, New Eagland, many have gone South as chaplains in the regiments from that section, while ethers have been sent, either under State er national authority, as special commissioners, school superintendents tor the blacks, negro enlisting officers and in other capacities. imvolving no particular danger to their precious persons. The true New England soldier is. both liberal and brave, fearless and seléneliant, bigh minded, honorable and conscientioua You will find no such men as these driving negroes upon plantations that have been stolen, nor trading off the servdcew and the bodies of freed- men to the highest Widder. AlJt that dierepu- table work is lef to the canting, hypocritical, whining scamps. who roll up the whites of their eyes in holy hoaror before New England audi- ences about ze sin of slavery, the brutality of slave owners and the miserable condition of the bondma a; and yet no sooner are the shackles kn ocked from the limbs of the slave and he bec omes a freedman than they seize that mom: nt to force him back into a bondage more hid sous than ever. Thus have the New England Puritans of 1866 emulated the sordid examp! ¢ of their forefathers in 1620 and restored slaver: y in the South in a more detestable form than ¢ ver. Surely General Howard should be excw @d from keeping such company any long er than be can help. "ine Lorrery Potscy Squassie—There has br yen an unusual commotion of late among the } ottary managers, policy dealers and agents, which is opening up the inside of this business in avery peculiar manner: There are three Statee—Missouri, Kentucky and Delaware— which continue to charter lotteries and allow the business to be conducted, while several others have passed laws prohibiting even the sale of lottery tickets. This legislation against lotteries ig based on high moral, religious and social grounds, Jt being a speciesof gambling and therefore injurious to public morals, several of the State Legislatures declared it illegal. But a new phase has been given to this busi- ness by a quarrel between Ben Wood, Head Centre of the lottery and Marcus Tullius Cicero Stanley, ead Centre of one of the lesser lottery parties. Wood and Stanley for a long time “bene lotteries to- gether, and by of = clause in the Inter- nel Revenue law the trade was protected to ® certain oxtent in all the States. It is reported thet four or five million worth of tickets were ‘sold, out of which ¢he managers made 8 profit ‘of'about, one million of dollars, A difficulty finally arose between Head Centre Wood and Head Centre Stanley about the divigion of the profits, out of which bas grown avery nice fight, which promises to furnish the public some very. interesting developments of the mode of conducting this business. Con- grees has stepped in and made some change in the law in reference to lotteries; but just how ‘and what has been done is not clear. In the ' meantime Head Centres Wood and Stanley have been busy publishing cards against each other, which develop, in a personal point of view, one of the richest’ ehapters of the day. We intend to collect and at our leisure publish the cards of both sides together, and let the public judge of the merits of this contest over the lot- tery spoils, .If the interests of the public cam only be benefited and subserved by these ex- posures and quarrels thenthere may be some- thing to rejoice over, but as it now stands it is only important as far as it is amusing. The Two Muddles—The Fenian and the Mexican. The quarrel among the Fenian factions in this country, instead of being arranged and settled by the arrival of Head Centre Stephens, has‘ only gone on from bad to worse. The whole affair is now in a more inexplicable plight than ever before. On the top of it all comes the report that one of the principal officials af Union square heen furnishing foe be with regular monthly reports of all the movements and plans of the Fenian organization. This new phase of Fenianism must either bring the whole affair into contempt or force the leaders into the exe- cution of some desperate movement to regain their prestige and keep up the supply of funde in the shape of contributions. But while the Irish- republic is thus going down and bids fair to soon be forgotten, the public is furnished with a new excitement in regard to the Mexi- can republic, which is just assuming considera- ble importance, The quarrel among the Mexi, can factions indicates that the republicena of that country haye héen infused with new life anf are in a fair way of doing something fos themselves and accomplisiing tmportant re- sults, if they do not allow their personal feuay to destroy their cause. Since the positive stand taken by the admin- istration in behalf of the principle of the Mon- roe doctrine, and the promise of Napoleon to wiihdraw the French troops from Mexico, the . imperial cause in that country has beed plunged _ into about as great a muddle as that of the Fenians. The Mexican letters which we pab- lished yesterday, describing the inside scenew of Maximilian’s government, lead to this oon- clasion, We have no doubf but that our cor respondent made out as good. a case for the Austrian Prinse as it was possible under the circumstances; but it is anything but cheering to the Mexican empire. If that iv the best pic- ture that can be drawn of that side, then the fiasco of the Fenians is only the coumterpart of fhe failnew of iuspertalism in Mexics. The withholding Europeun troops and suppites from Maximilian is equivalent to the complete-down- falJ of what there is leftof Maximilian’s govs ernment, Tle: decisiow of Attorney General Speed, declaring that gums and ammunition could’ be'sent from' this eountry to Mexico, haw opened the way for the liberals to obtain the “large sitpply of improved weapons of warfare which had, been: purchased: amd were in Sam Brancisce waiting’ for that decree of the At- terney General: ‘hat supply has, no doubt, ete'this, been received'at those Mexican ports on the Pacifie coast which the: Wherals have’ retained under their control. tiroagh all the difficulties of this Mexican muddle. With these weaponsin'the hands of the-Juurez party, the imperialists will fird a: moro: troublesome task than thatof- contesding withthe old fash- ioned/war material that has: heretofere been b iz them. Te anata to these important fects, our’ Washington advices apprise us that Mr. Camp- bell, United States Minister to the Mexican re- public, appointed by President Johnson, and recently confirmed by the-Senate,. is gow at Washington, receiving lis: instructions from our government prior to bis departure: for his new fietd of duties: With the known posl- tive views of Mr. Campbell in: regard to upho!iing the principles of the Mourae doo- trine andthe poliey of the present administration in the seme direction, with the unanimeus sen- timent of the American pesple fn supgort of that time honored principle; we are inclimed to look upom tae appearance of Mr. Campbell at the national capital at: this:particular time ag being of more than. ordinary importanee. It probably means business of no minor character. The arrival of Santa Anna,and the extra wotivity of the Mexicans in this country, as well as- the friends of the republic, efi point to the same conclusica.. From all af these circumstances we draw the inference-that measures are now being inaugurated that will not only settle this Mexican muddle, but vindicate the time honored Monroe doctrine and place the republic of Mexico omce more upen its feet, leaving: te Maximilian and bis empire the only alternative ot passing-into obscurity along with the Fe- nian or Irish republic. ‘Tue Parsons. er Our Navy.—In the- con- struction of vessels, steam machinery and iron-clade the American navy occupies a promi- nent position and will bear comparison, with that of any ether in the world ; but there fs great room for improvement in its personnel. Here the example of England and France might be followed with advantage. We gave in our columns yesterday a valuable history of the navies of the great maritime nations, from which a profitable lesson may be learned. Our navy is young, and in comparison with ite age it is not behind that of olde nation. Wo have learned more during ‘be last four years of war than in the three-qu arters of s century which preceded them, in the way of construct- ing a navy. That we lave improved the op- portunity is admitted. five years ago we had no navy that could compare with that of the maritime powers of Europe. To-day we have fo rival upon the o-sean. In this, as woll as in many other respe ots, our people have proved their adaptabilit-y to circumstances as they arise, While we were at peace we contented ourselves wit'a @ standing army of fourteen thousand men asa maximum and a navy of a dozen Or two armed vessels; but when the exigenciye of war came upon us we put 6 mil- lion of, men into the fleld and covered the ooear, with monitors, iron-clads and frigates that have beoome the envy and the models of the world. «’ Tt te easier to build yegole powerne. thee