The New York Herald Newspaper, June 23, 1866, Page 4

4 NEW YORK HERALD. JAMES GORDON BENNETT, EDITOR AND PROPRIETOR, W. CORNSR OF FULTON AND NASSAU STS. orrics Volume XXXI WOOD'S THEATRE, Bi Hotel.—Taw THReR Sis Matinoe at 134 0'Clock. away, opposite the St. Ni ‘oo Moc Fox Goon Natuux. ATADT THEATRE, 45 and 47 Bowery.—Havay IV.— ‘Tux Oro Guano. SAN FRANCISCO MINSTRELS, 585 Broadwar, opposite Metropolitan Hotel —Ermioriay SiNGiNG, DANCING, &.— Tux Commirres oN Wars and MxAx: GEORGE CHRISTY'S—OLv ScHoo oF MixstRetsr, Bauiaps, Muscat Geas. Ac.. Fifth Avenue Opera House, ‘Nos, 2 and # West Twenty-fourth street. —Mipsummek Maut's Duzas. Matinee at Two o'Clock. TONY PASTOR'S OPER. Saasever's MiNMTRxL axD ron a Warn, Mutines at 2 OUSE, 21 Rowery —Sau BINATION ‘TROUPE—DODGING lock, MES. Ff, B. CONWAY'S PARK THEATRE: Brooklyn.— ‘Tae ian.ow Baorugmi—Tug Sisceisrs—Mapame “Zan- FRErrA. TEREACK GARDEN, Third eighth and Fifty-ninth streets. —fsr Gaznen Coxcents, “Afternoon at o'Cloe! between Fiftys acs’ ORCURSTRAL ‘lock; Kyeving at BELVIDERE PARK, Fi Cant Bercuay's Sumaisu o'Cloek. xe and 110th street.— Ss, commencing at 5 HOOLEY'S OPERA NOUS, Brooklyn. —Ermortax Mix eTReLsY—BalLans. Burcesves axp Pantomiays, NEW YORK NI’ OL ANATOMY, 618 Broadway.— Open irom 1) A.M. VE ART GALLERY, $15 Broadway.—"Tar- ei) New York, Saturday, June %3, 1566. THE NEWS. CONGRESS. Ta the Sonate tha reading of tho Tax bill was resumed. Amondments proposed by the committoe wero agreed to, to the effect that all banking associations shal! pay a tax of ton per cent on the amount of notes of any other aasocintion paid ont by them aftcr the first day of July, 1867. Also that any person making income returns shall say in the retum whether the amounts are stated according to their value in cur- wonoy or coin. Penalties for failing to pay the tax or make ¢he required returns of whiskey dis'illing were made very heavy. The ponalty for falsely or fraudu- Yontly marking avy cask or package with an importer's ‘brand was fixed at a fine of not less than one thousand nor more than five thousand dollars, and imprisonment for not less than two nor more than five years; and any person accepting a bribe or offering one for the Purpose of effecting a fraud on the revenue office, if con- Vicled of the same, shall be forever afterward ineligib!> to office under the United States. In the House a bill authorizing the Secretary of War ‘to change and fix the Jocation of tho railroad across Rock Island and of the bridge at Rock Island across the Mis- sissippi, and making provision for the establishment of ‘an armory and arsenal of construction, deposit and repair at Rock Island, Tlinois, was passed. A meosaage from the President was received in ret. erence to the joint resolution proposing an amendment to the constitution stating that it had been com- municaled by the Secretary of State to the Governors of various States on the 16th of June, but that that was a ministerial act, and not to be considered as involving the aasontof the Executive to the proposed amendment. As objections to tho joint resolution, he says that it waa never submitted to him for approval, that eleven States are refused representation, although exercising their functions as States, and that it is a question of grave doubt whether the Legislatures elected without reference to the qpestion at issue, should be called upon to decide respecting the ratification of the proposed amendment. A mossage was also received transmitting a despatel: from Mr. Bigclow rolatve to the employment of foreign troops in Mexico, Mr. Bigelow says that in a conversa- tion with the French Minister of Foreign Affairs the latter said that the French troops would be withdrawn ‘by the time specified, and that no foreign troops hud been sent as reinforcomenta to the army im Mexico, those who were sent in the Rhone being recruits or abseatees rejoining their commands, THE CITY. The Board of Health held quite @ protracted mecting yesterday. Communications were received from Drs. Harreand Dalton, relative to arrangements made for cholera paticnts. A Riverside force is to be organizsd to inspect vessels, and arrangements made to collect ail floating offai on Long Island and Staten Island shores, Considerable other bustness of importance was trans- acted, ‘Thore was but one death at Quarantine yesterday, and of the fifty patients upon the Hospital Suip Falcon uearly all were reported as convalescent. ‘The Excise Commissioners met yesterday, and reported that $1,070,850 had been reatized from applicants for Hicause, Superintendent Kennedy, of the police force, od an order to » stating that the deetsion of Ju only to George Holt, The old Excise Commissionors reorganized and re- elected Oliver B. Stont clerk. About three hundred Hiquor dealers waited on them daring the day. Major Genoral Sandford has tssned orders to the First division of the National Guard relative to the obmerraace of the Fourth of July by that military organi- avon Four young ladies wore received ito the Convent of the Sistors of Mercy, in Brookiyn, yesterday, The core- eption waa a very solemn one anil atiracted go of Lue fei of the young ladies. ommittee of the West Side Assovia- tion, at a meeting held yesterday afternoon, adopted resolutions averse to the proposed railroad in One Hun drod and Twenty fifth stre A mooting of Italiane was The Exceativ: old at the Germania As- sombly Rooms last night for the purpose of considering the tion of the Italian war that is threatened tn Kur Three hon persons Were present, and the proceoaings were couducted in the Italian language. The Superintendent of Police has refured permission to have the proposed Fenian mass meeting in Jones’ Wood ou Sunday next, ou account of that place being licensed, 11 will talce place outside the Woods, but near to thom. George Peterman waz held to await the action of the Grand Jury by United States Commissioner Jones yeater- day, charged with carrying oa business without the gov- ernment intornal revenue License. He had paid the Amount of the licanse to the assessor; but the Commis- er decided that the assessor had no right to receive * money. vonnd Peiery and Frank Ferris wore yesterday ought before the General Term of the Supreme Court for purpose ot having*the date fixed for their execution. Judge Barnard pronoanced the sentence and appointed the ITth of August ext as the day on which those an fortunate mea aust explate their crimes upon the seattold, The argument in the cave of Henry F. Moring, who contests the constitationality of the law levying a tax on brokers’ sales, took place yesterday before the General Term of the Supreme Court Decision was reserved, Tho Forman Will case was again up yostorday at the Surrogate’s Court, bofore Surrogate Tuck Two witness, Mra John P. Ridner and Mrs Sarah A. Wright, were examined by counsel for proponents and soarchingly cross-examined. The testimony clicited seomed to favor the belief that deceased, Mrs. Forman, was of sane mind up to the time of her be.ng ken to tho asylum, and that while there she was controlied by the fear, groundless or otherwise, that her hustond had conspired against hor Life for the purpose of securing hor estate. Io the General Sessions yesterday the Grand Jury re- commended that additional accommodations be pro vided for prisoners confined in the Tombs, Seven per- sons have been indicted for an alleged violation of the Excise law. Counsel for the defendants demur to the indictments, and the argument will take place before the Recorder thts morning A number of prisoners were pent to the State Prison for various offences, None prisoners made a desperate effort to escape from Biack weit's (sland yesterday afternoon by ewimming to Pee owwonio shore, Tae sentry commenced Grigg visto! and from being wounded or from the effects of cramp or exhaustion, was seen te sink, and did not rise again. The otnors are supposed to have A quiet little “‘mill’’ took place on Ward's Island yes- torday afternoon, between Charley Maguire and Joe Hughes, two humble followers of Heonan and Sayers, ‘The stake was twenty-five dollars, which Hughes won by ‘superior prowess and hard knocks. The Inman lino steamship City of Paria, Captain James Kennedy, which made her last passage from Queens. town to this port in eight and a half days, will sail at noon to-day for Queenstown and Liverpool from the company’s new dock, pior 45 North river. The mails will close at the Post Office at half-past ten A. M. The National Steam Navigation Company's steamor Holvetia, Captain Ogilvie, will sail for Queenstown and Liverpool to-day, at noon, from pier No, 47 North river, ‘The steamship Borussia, Captain Schwensen, will sail at twelve M. to-day for Southampton and Hamburg. The steamship Geo. Cromwell, Captain Vaill, for Now Orleans direct, will sail at three P, M. to-day, from pier No, 9 North river, The Empire Sidewheo! Line steamship Missouri, Cap- tain Loveland, will sail at three P. M. to-day for Savan- nah, from pier No, 13 North river, foot of Cedar street. The steamship Saragossa, Captain Crowell, of Loary's Line, will sail for Charleston at thros P. M. to-day, from pior No. 14 East river, foot of Wali street. The United States steam frigate Susquehanna, lato flagship of the Brazil squadron, arrived at shia port yes- terday morning feom Rio Janeiro. ‘The stock market was dut! and stoady yesterday, Gold was quiet, and after opening at 149 closed at 150% a 150%, with a strong upward tendency. There was but little animation in commercial circles yest y, and but little business was done either on or off Change. There was a general disposition to await the settling down of gold before making purchases, and the business was conf ned to the pressing wants, as a qvneral thing. In the cotton market there was hardly any business, and the few eales effected were at prices favoring the purchaser. Groceries were dull and de- climtng. Dry goods quiet but firm. On 'Change flour was duff, common qualities again declining. Wheat and corn were dull and nominally lower. Pork was decidedly lower, with a fair business at the reduction. Beef was steady. Lard heavy, and whiskey and petroleum dull and nominal, the latter with a declining tendency. MISCELLANEOUS. Ia tho Canadian Parliament yesterday Mr. Galt moved for the indemnification of the governmont for the ex- penses incurred during the recent Fenian troubles. Several mombers of the government party advocated the move, when Mr. Chambers, of Brockville, obtained the floor, and spoke against it. He | said that Canada could not support troops enough to rosist the United tates, A thousand Fenians was a very different matter from thirty-five millions of Americans. He also called for an tavestigation of the conduct of some of tho commanders of the provincial troops during the trouble, and de- nounced the management of the volunteers as a blunder, Mr. Chambers was continually inter- rupted and hissed, the uproar becoming so great at times as to drown his remarks. He was replied to by Mr. D'Arcy MoGee, and the motion of Mr. Galt was adopted. Special advices from St. Domingo city, of the 9th of June, inform us of the complete triumph of the revolu- tion under General Pimentel and the departure of ex- President Raez, with som» mombers of his suite, for St. Thomas. The soldiers in St. Domingo city fraternized with the revolutionists, and Baez sought refuge in the French Consulate, But for tho protection of that flag, it is said, his life-wonld havo been sacrificed. Hix bro- ther, Damian Baez, and General Pedro Guillermo, were held for trial, as incendiaries, by tho provisional govern- ment, Our St. Thomas correspondent, writing on the 12th of June, announens the arrival of Baez at that place the same morning, in the Spanish steamer Barce- Jona, and his intended departure for Europe next day. Commercial advices from Barbados, dated on the 25th of May, remark:—A steady succession of arrivala since the 10th instant have kept our market well supplied with American breadstuffs and provisions, except good flour. This item is in light stock, having come along sparingly ; which, together with a good export inquiry during the past week, will cause first arrivals to sell well. Imme- diate arrivals of othor articles under this heat will prob- ably realize present quotations. Mess pork continues firm. Faraily beef, butter, chorse and hams are alt falable, Lard in supply. Candles in over stock, Lumber continues in demand tor export, Codfish is dull, Mack- erel wanted. Sugar, sales $3 75. Molasses active at 21e, per gallon, and $4 for puncheons, In Georgetown, Demerara, on the 224 of May, the undernamed articles wore quoted :—Beef, half barrels family, $15, Broad (pilot) $5 per barrel, if good; ates of some much burned, at $450 to $4 per barrel. Cheese—American wan! cents for good in smali lots, Fish (cod), salesat $27 per cask; @x store from late arrivals, $22 to $24; Haddock #18. Flour—For fresh Baltimore and extra Ohio, sales in lots at $9. Hams—American 20 cents; wanted. Antigua advices, dated at St. Johns, on the 2%th of May, report the market rates thus:—Beef $14 to $15, nominal; half barreis family, $16; wanted. Cod fish— Market over stocked with inferior. Crackers dull. Flour—Very small supply wanted; no late arrivals. Hams—Over supply of American, and very dull. Pork— Stock sales at $28 80. Advices from Vera Cruz on the 13th of Juno via Now Oricans, state that the yellow fever was raging in that city fearfully and fatally, The last steamer from Eu- rope brought out cight hundred troops for the foreign logon. Tho general opinion is that the empire will not last long. Maximilian is in great financial distress. Tampico is surronaded and closely invested by a strong force of liberals, Mr. Erskine 8, Allin, United States armorer at Spring- field, Massachusetts, bas invented a plan for altering the old-fashioned Sprinzfield musket to a breech-loader, The new gun can be fired more rapidly than any revolving arm, does not foul, neither does it easily get out of re- pair. Tho Ordnance Bureau has directed the remodelling of five thousand Springfleld muskets on Allin’s plan, and i¢ {9 probable that the gua will eventually be adopted ss the arm for the infantry branch of our ser. vice. No now guns are being manufactured at the Springfield armory. The diminished force of workmen ie employed in repairing and Otting for use old arms damaged in the war. The Hoboken races closed yesterday. The sports be- fan with a steople-chase, with four entries up to time— General Williams, Zigzag, Nannie Craddock and Lady Wolf. The race was won by General Williams. The second race, a dash of two miles, was won by the bay filly Satinstone. The third race was a three mile heat for all ages, and was won by Aldebaran, the best time being a mile in 1:62)4. The chotera which secms to have broken out at Eliza- beth, N. J., is apparently of mild form, and has been pretty well subdued by tho strict measures of the Health Board General Dulce and suite arrived in Montreal yesterday evening. It has been officially ascertained that four of the Fenian prisoners under examination in Canada were taken in the act of firing on British soldiers, and they ‘will dou btless euffer death. ‘An engine boiler in Frey's factory, at Newark, N. J., exploded on Wednesday evening, No one was injured. On Thursday night the Village National Bank of Bow- doinham, Me., was robbed by a party of thieves, who locked the cashier into the vault and made their escape ‘with about $67,000. They have been traced to Topsham, and it is supposed are now making for Canada. The West Point cadeta went into camp yesterday, where they will remain until the latter part of Aagust. The project of bridging the Connecticut river at Lyme, by the Shore L'no Road, was defeated in the Connecticut Legislature yesterday, Locomortves mm 125ta Street—The Com- mon Council a few days since rushed through both boards in the space of half aa hour, it is said, an ordinance pormitting the Harlem Raiirond Company to lay a track in 125th street, for the purpose of running their steam trains from Fourth avenue to the Hudson river. The inhabitants on the upper end of the island are considerably exercised about the matter, and not without reason, as the street which has thus been appropriated is one of the finest on the island, being one hundred feet in width, and bas on it «large number of costly 1 residences. Strenuous efforts are being made to induce the Mayor to withhold bis sigasture from the ordinances. NEW YORK HERALD, SATURDAY, JUN# Su! 1866." four of | The Next Congressional Elections—The | who ought not to be in the next Congress. If| sions. How is thist Republic in Danger. The terrible crisis in which the republic is now placed gives an unprecedented interest to the elections for the next Congress. Those elections will be even more important than the elections held for the first Congress of the United States. Then all parties were agreed upon the necessity of » perfect national union ; but at this time we have a powerful party in- sisting upon the necessity of national disunion in order to serve certain partisan purposes. From the present Congress, ruled by this reyo- lutionary faction, nothing is to be hoped. Its work of evil is very nearly completed. It can- not possibly accomplish anything good, and we should be happy to hear that it had done its worst and adjourned. What beneficent mea- sures it might have passed, what a complete reconciliation it might have secured, what an enviable immortality its members might have achieved, we need not now consider. Never be- fore were such splendid opportunities rashly neglected and such preposterous and fanatical absurdities substituted for legitimate legisla- tion. When this Congress assembled it had a majority of conservative members; but these conservatives at once placed themselves in the power of the radical minority by the adoption of the joint resolution appointing the Recon- struction Committee; and from that time to this they have made no organized effort to re- lease themselves from their slavery. Upon every important vote the two factions of the conservatives, republican and democratic, have managed to neutralize each other and have been so manceuvred by their leaders as to give the radicals an easy victory. Had they united against the common enemy they could have controlled Congress ; but they adopted the old, contemptible, partisan, unpatriotic tactics, crippling the Presi‘ent and annihilating them- selves, and it is now too late for them to atone for their errors or heal the wounds which they have inflicted upon the country. Our only hope, therefore, is in the wisdom and ability of the Congress to be elected next fall. To the next Congress the best, the purest and the most patriotic statesmen of the republic must be sent. Party lines must be disregarded ; the tricks of primory elections and the intrigues ofsmall political wire-pullers must be aban- doned. Unfortunately the Senate cannot be changed by the popular voice; but the House must be composed of members of such ability and reputation as to completely overshadow the Senatorial fanatics. This metropolis, which led the grand uprising against the South- ern rebellion in 1861, must be equally pruimpt in heading the Union movement against the Northern radicals, Our merchants can well afford to contribute » million of dollars for this purpose, and we have reliable assurances that the money will be ready. First of all, how- ever, we must make sure of our own repre- sentatives. New York has not been properly represented in Congress for many years, and it is important that we should send our ablest men during a crisis like this. The candidates now intriguing for nominations and renomina- tions are not the men for the crisis. We re- ferred to two of the most prominent of these candidates—Messrs. Brooka and Raymond—a few days ugo, and exposed their incompetency and want of tact. Mr. Brooks has replied to this exhibit by correcting mistakes which we never made; and Mr. Raymond has answered us by publishing a long speech upon both sides of the reconstruction question and by recommending either a con- stitutional convention that would take years to finish its work or a political convention that would have no power to enforce its decrees; we really cannot understand which. These gentlemen might better be silent. The facts of their record condemn them beyond any hope of mercy. When Congress assembled the House consisted of forty-one democrats, led by Mr. Brooks, fifty-three conservative republi- cans, led by Mr. Raymond, and eleven repub- licans who always voted with the democrats— one hundred and five in all—besides seventy- nine radicals led by Mr. Stevens. It is evi- dent’ from these figures that the democrats and conservative republicans united had a clear majority over the radicals. But at the assem- bling ot Congress the radicals were ready for aciion, and the conservatives, under Raymond and Seward, were not. The consequence was that Raymond and the rest voted with the radi- cals and against the democrats for the Com- mittee of Fifteen, and thus placed themselves in the power of a directory. This first and greatest mistake made, others soon followed. On the 18th of January the bill imposing unconditional negro suffrage upon the District of Columbia came up. The conservative republicans tried to amend it so as to make the suffrage conditional, as Presi- dent Johnson desired, and Mr. Hale, of New York, made a motion to that effect. This the radicals opposed, and Mr. Brooks, who pre- tended to support the President, voted with Thad Stevens against Mr. Hale’s motion ‘o re- commit the bill. Here there were eighty-two radical votes, fifty-three conservative repub- lican votes and thirty-five democratic votes. If the conservatives and democrats had voted together they would have beaten the radicals by six votes; but Mr. Brooks led the democrats over to Thad Stevens and #0 defeated Mr. Hale’s motion. Then the bill was put upon its passage. The vote now stood 116 to 54. Nineteen conservative repub- licans voted with the democrats against the bill; but Mr. Raymond was not among them. Had he led his followers to a union with Mr. Brooks, the bill would have been killed. This one instance shows that Mr. Brooks, » demo- crat, practically assisted to impose negro suf- frage upon the District of Columbia, and that Mr. Raymond first voted for conditional negro suffrage and against Stevens and then turned @ short corner and voted with Stevens in favor of unconditional nogro suffrage. Mr. Brooke was removed from his seat before he could do mnch farther mischiet; but we charge that in thns playing into the hands of the radicals and refusing to unite his forces with the conserva- tives he wilfully sacrificed the public good for private or partisan interests, Mr. Raymond, who is open to the same accusation, remained in Congress and continued his extraordinary tactics upon the Freedmen’s Bureau bill, the Civil Rights bill and the third section of # reconstruction amendment, talking one and voting another, sustaining » bill and %" sustaining the President's veto of it, we favor of Mr. Johnson and Mr. Stev-® #000 nately, and riding two horse in Pole: style of circus performers. Th ; mii men whose records we have “us ye yes “ehd hold up se examples of #¢ bind of (hat Congress should be like this one, we shall irift from republicanism to imperialism and to fivil war and ‘shall meet the fate of Mexico. No fanatical radicals, no half-hearted conserv- tives, no incompetent and partisan democrats jan save the country. We need new men and great men, irrespective of party; and in order fo secure such nominations the juggling of politicians at primary elections should be lisregarded, immense Union meetings should be held all over the land, commencing at New York, and the people should be allowed to name their own representatives. Fimance A Sound System of Nation: and Currency Needed. Various nostrums have been prescribed for tegulating the currency of the country and the national finances, as woll as for forcing specie payments and liquidating the national debt, by quacks and theorists both in and out of Con- gress. Sometimes these prescriptions have been offered by well meaning men, who are mere dogmatists, incapable of taking 1 com- prehensive view of the subject ; but more gene- rally by speculators and scheming politicians, whose object was to make money and use our financial system as a political machine. The national bank system originated with these lat- ter. Mr. Chase, Jay Cooke and Company, and their friends and supporters were the authors of this vast and dangerous monopoly. How they have profited by it to enrich them- selves at the expense of the government and people is well known, and their political object has become transparent enough. Their asser- tion that a great national debt is a national blessing is true as regards themselves, though not with regard to anybody else. The national debt and national banksare of immense benefit to them, but a great evil to the country. The debt should be liquidated as soon as possible, and the system of national banks, as regards the currency, should be abolished at once. We have from time to time ventilated this subject, and the more we study it the more convinced we are that a grosser fraud upon the people and government was never sanctioned by law than in this case of the national banks. It is really surprising that Congress and the country have not seen before now the enormity of this fraud. Let us look at the facts; they are simple enough. Divestad of all cireumlocution and financial jargon here they are—the national banks have, in round numbers, a cir- culation of three hundred millions, It is con- templated to increase this to four hundred millions. The profits of the circulation of these three hundred millionsare a free gift from the government to private corporations. Who- ever heard before of a icgislative body being 80 stupid as to give a bonus, without the least compensation, of something like twenty-five millions 9 year to a class of moneyod monopo- lists? All this comes trom the pockots of the people to enrich a favored few. This, how- ever, is not the only evil of the national banks. ‘The system is unsound. The banks are but in their infancy, can count only an existence of two or three years, and yet they are tumbling to pieces. We have seen lately several of them fail under disgraceful circumstances, How many others are in a shaky condition we cannot tell, but we are convinced that if any serious commercial or financial revulsion were to occur, there would be an extensive smasb. We are not sure that in a great crisis the secu- tities for their circulation would realize enough to redeem their notes; at least not without a serious loss to the government. People de- posit and transact business with them in con- fidence because they are called national banks and are believed to have a connection with the government, while the fact is they are no more secure in this respect than the private firms of Smith, Brown, or Jones. Asa great moneyed monopoly, too, they are dangerous both in a political point of view and because they are enabled to forestall the markets and raise the price of provisions and other commo- dities used by the mass of the people. They wield a power for evil far greater than ever the old United States Bank possessed. But let us confine ourselves at present to the financial aspect of the qnestion as far as the government and the public interests are concerned. If the government would abolish the national bank circulation and substitute that of legal tender greenbacks, what would be the result? With the three handred millions of legal tenders thus issued in the place of the national bank notes (not in addition to them) the interest-bearing bonds deposited as secu- rity for these notes conld be bonght up and cancelled. That is, our interest-bearing debt would be reduced some three hundred millions and the interest saved. From twenty to twenty-five millions a year could be saved by simply substituting legal tenders for national bank noies; a better and safer currency for a less valuable currency. What more simple? One would think « child might understand this proposition. Why, then, should we continue to give this large amount away to a great and dangerous monopoly?—an amount that if placed at compound interest would pay the entire national debt in abont forty years. Ar- gument seems nonecessary in ® matter so plain. Itis to be hoped Congress will take some action at once to give us a uniform and an equal legal tender currency and save at the sime time twenty to twenty- five millions a year. With such a system of currency established we should sooner come to specie payments. If the national banks choose to remain in existence and do a legitimate banking business, all very well; that is their own private affair; but we protest against their connection with the government. By carefally husbanding the gold received from customs and keeping it properly deposited and dis- tributed at different points, the government would soon be enabled to redeem its own notes in specie when called for. This would he the case especially if a gradual and healthy contraction up to « certain limit worse er carried on at the same time. Thee confidence solute security in legal te that would be inspithe abpegern government he’ snd a gradual contraction up “a pbie limit wonld soon bring us to a ae basis, We call upon Congress, there- fore, not to delay in this important matter of giving us « sound, eqnal and uniform currency in place of the national bank circulation. Wrexrxa Firma Avexve.—We perceive that the committee of the Common Council having in chatge the praject of widening Fifth ave fue, by taking down the stoops and cutting off the front yards, ate aow holding georet ees- Are the committee ashamed to let their procoedings see the light of day? Are they concocting some scheme whieh they intend to spring suddenly upon the property holders on the avenue? We advise the latter not to succumb to the black mail operations of this committee or any other com- mittee of the corrupt Common Council of this city. If they hold out, the next Legislature will undoubtedly confirm them in their title to the strip of land claimed under some kink in a dead letter law by the city. The whole pro- ject is a most infamous attempt on the part of membera of the Common Council to extort black mail from property holders; and it should be at once denounced and. treated as such by all parties interested. The Action of the Senate on the Internal Revenue Bill—Tax on Monopolies. We notice that the United States Senate has inserted a clause in the Internal Revenue bill giving to gas companies the right to charge the revenue tax to the price of the gas and col- lect it of the consumer. Another clanse is also added giving the city railroads the same power or to increase their fares to an amount equal to the revenue tax. This manifestation of friendship for these monopolies is certainly very remarkable and is another proof of the truth of the charge that Congress is becom- ing a jobbing body. It is somewhat singular that this privilege should be given to those in- tereats which are, in all essential particulars, monopolies. Both railroads and gas compa- nies are chartered by the State Legislatures ; the.former are given the privilege of using cer- tain streets upon condition that they shall not charge over a specified sum for carrying pas- sengers ; the latter are given the right to lay down their pipes through all the streets and lanes of our cities under specification that they shall not charge over a given price for the gas furnished the citizens. In the former case all other railroads are prohibited from running over the same route, and in the latter the gas companies are protected against any other par- ties laying pipes in the same street. Thus, in effect, all competition is cut off and they have, in all easential particulars, a monopoly of the business a3 far as their districts extend. Tt certainly does not sccm just that Congress shoulg step in under such circumstances and allow these companies to charge a higher priee than they are permitted by the Legisla- tures of the States. If there were sufficient competition to contro! the price and adjust it, as in other business, to the supply and do- mand, it would be altogethor diferent. But as it now stands all competition is in reality cut off, and the public have no alternative but to pay the price demanded or go without it. Large dividends are declared both by the city railroads and gas companies, and their stocks are not to be had atany price, except at execu- tors’ sales. There is, therefore, no chance for a plea of being obliged to run their cars or furnish gas at ruinous rates to justify this legis- lative relief by Congreas. It is nothing more nor less than voting these companies an an- nuity, to be paid by the masa of the people. Nor is this the only objection. Congress haa no right to interfere in this matter. It is purely a State affair and is one of the reserved rights of States in regulating their internal affairs. If the railroad and gas companies find that the prices fixed in their charters are too low for them to pay the increased burden of the revenue tax, then their place for relief is the State Logislature and not Congress. The latter has no jurisdiction over the question, as the courts must decide whenever a case is brought before them. It is an infringement upon the rights of States more direct than the liquor case recently decided in Massachusetts. The United States Senate by its course has not only shown its disposition to assist the mo- nopolies but also to do all that it can toward centralizing power in the hands of the gencral government, the greatest evil which now threatens us and our institutions. Tuap Srevens Revizwep By Moytcommry Buarr.—One week ago to-day ex-Postmaster General Blair delivered a speech at Frederick, Maryland, on the “issues of the time,” in which he took occasion to point out the results that must follow the present system of legislation in Congress in regard to the reconstruction of the South. In the first place he showed that it was contrary to the avowed object of the war and that Stevens and his faction are trying to secure subjugation instead of restoration. The historical points raised in this speech are very opportune and forcibly stated. Mr. Blair clearly shows that the policy of the radicals towards the Southern States is without « par- allel in the history of the world and directly in opposition to the policy of our own govern- ment in suppressing former rebellions, and, by way of illustration, recalled the conspiracies ia New England against the Union at the time of the second war with England, the Hartford Convention, also the Buckshot war in Pennsy!- vania, where Thed Stevens advised all his asso- ciates “to throw their conscience to the devil” and carry out their scheme at all hazards. The action of Congress since the commence- ment of the present session is thoroughly ex- posed, from the adoption of the Freedmen’s Bureau bill down to the numerous constitu- tional amendments. The working of the Freedmen’s Bureau, undor the management ot the New England agents, is also shown up, and the declaration made that we are fast drifting in our policy into the system practised by England toward Ireland, the result being that New England soldiers will soon be sent there to collect taxes in violation of the great principle involved in the revolt of the colonies from the rule of England, “txation withrx’ representation.” All this is being free upon few radicals may retain POW gro suffrage and the country negro ofiir was unusually pointed & negro burepgn this occasion, and indicated in in higi¥able terms the revolution which now threatens us as the result of the fanaticism now ruling in Congress. Goverxorn Browsitow Leapine Orr — ernor Brownlow has issued his proclamation calling the two houses of the Tennessee legis- lature together at Nashville on the 4th of July, to consider the constitutional amendment which bas just passed Congress, the governor being under the impression that with the ratili- cation of said amendment the Tennessee mom- bers elect will probably be admitted into both branches of Congress. Very woll. The experiment may be worth trying in order to | prove what the real designs of the radicals are | in roference to restoration. Let Governor Brownlow bring them to q practical test. Tam Casapuy Conrepsaarion Scumem.—I is given ont that the Legislature of New Brunswick will adopt the confederation scheme; that delegates from Canada, New Brunswick, Nova Scotia and Newfoundland will probably leave for England at the end of the present month, and that the English Par- liament will, it is expected, pas the necessary act at once.in order to enable the confedera- tion of the provinces concerned to be com- pleted in August. The scheme will probably include the pretty decoration of a viceroy im the person of one of the princes of her Britan- nic Majesty’s royal family. The provincials have been hurried up to this work of confederation by their friends the Fenians. But for the late Fenian foray along our northern border—from Campobello, on the Atlantic coast, to the east- ern end of Lake Erie—the proposed confedera- tion of the provinces named would, doubtless, have been delayed for an indefinite length of time. Fear of the fearful Fenians bas driven her Majesty’s provinciala together for their mutual protection, Now we have only to wait and see how they will come out with it. We predict that however satisfactory’ confederation may appear to all the parties concerned at first, it will not be long before they will find that the word and the thing which they really want and must have, is not confederation but annexation. Let them, how- ever, push ahead with their confederation scheme. If they like it they are welcome to it. We are in no hurry. Ta Excise Muppie.—Taking the action of the Excise Commissioners, the police and the courts together, the liquor business under the new Excise law has been placed ina decided mud- die, The moment that the Board commenced a rigid enforcement of the law and the police ar- rested parties for violating it, the Court of Common Pleas decided it unconstitutional; and as a matter of course the dealers will now laugh at all efforts to enforce its provisions. An appeal will be taken to the Supreme Court, and we presume that that court will sustain Judge Cardozo’s decision. Another appeal will then be taken to the court of last resort, when the law, judging from the action of that court in the past, will be sustained and the decision. of the court below reversed. But before this takes place another election will be held, and the question of repealing the law will enter largely into the canvass. We should not be surprised if in the election of members to the Legislature this issue would override all others, with fair prospects of a sufficient com- centration of strength to bring about its repeal at the next session. The affair is just com- mencing to be interesting and is now assuming additional importance and magnitude. CITY INTELLIGENCE. ‘Tae Hzaren Tsgy.—With the Sumuer eolstice bas commenced the heated term. At six o'clock yonterday | morning the thermometer marked sixty-six degrees tm the shade and at noon the mercury ascended to eighty- three, On the same day of last year the heat wax still greater, the thermometer at six A. M. marking soventy- two, and at noon 85 degrees in the sbade. Axyvat Distrisvnioy oF Prewrcus it ram ACADEMY oF re Hou Cros,—This young institution located om Forty-second street, near Eighth avenue, and under the charge of the Sisters of Charity, held its ananal distribu- tion yesterday afternoon. The hall was well filled with the parents of the pupils. Tn front of the platform were Rev, Father Starrs and several other clergymen, and distinguished citizens of the up-town wards. The exercises, in which about eighty young Iadies took part, consisted of music, dialogues in French and English, &o, The young ladies perfe the soveral parta asmgoed to them with simplicity and elegance. Yacut on a Rock 1x Het. Gate.—A small steam yacht, which was reported to belovg to Harlem, weat ea . a rock in Hell Gate yesterday morning, where she lay until afternoon, when she succeeded im getting off. A Jont or Wearray Crmzexs.—In the caso of Wil- liam F. Howe, an insolvent debtor, yesterday, before the Court of Common Pleas, Judge Cardozo, a special jury was demanded, and a number of prominent citizens and business men were empaneiied. Among them were Messrs. Geo yke, John Caswell, Richard Mortimer, Frnclin F Randolph” Henry Clews,'Charles.L. Tifany, William B. Astor, Uriah Hendrie! ohn J. Cisco, Fran- cis Skiddy, Alexander T, Stewart, Henry A. Hurlburt, Thomas A. Wilmerding, Bradish Jobnson, Edmund BH. Miller, Joon D, Wolf, August Belmont and Legrand Lock- wood.’ Probably no panel has been nominated for the trial of any cause for years repreeenting so much of oar city’s wealth. Atalow estimate it might be donomi- nated a seventy-five miltion dollar jury. Tur Arriat. Baiocr over Broapway.—It is stated om good authority that Mayor Hoffman will sign the rosolu- tion providing for the erection of an iron bridge over Broadway. is structure may therefore be regarded as an accomplished fact. Looxixo cP Sicnrs.—The Iatest method adopted by the thieving fraternity to obtain information as tothe amount of plate, jewelry, and otber valuables kept in the nouse, is for one of their number to ean internal rev- enue officer. Thisis the timeof the year when those gentlemen are eoing their rounds, aud the dodge is likely to be as successful as it is shrewd. A bona fide revenue officer should always be supplied with credentials, Fartat. Casvantins,—Coroner Wildey yesterday held an inquest on the body of Egbert Spaulding, whose death was the result of injuries reecived by falling from = ladder while engaged in painting the front of house 166 East Fourteenth street. The jary rendered a verdict of ‘Accidental death."’ Deceased was fifty-one years of age and a native of the United States. He lived at 166 Seventh avenue, James Wall, a native of Treland, thirty-seven years of age, fell mto the dock, from the string-plece foot of prer 29 Fast river, and was drowned. The body was subses quently recovered, Coroner Naumana hetd an in- laborer, an hved at 33 Hamilto CaLepowaN Cuon.—The excursion of this chub, whiee is always one of the most ‘able of the season, came off yesterday at Dudley's Grove. The members of the club and invited guests—the former in “all the pride, pomp and circumstance” of kilt and tartan—met at 1” club rooms between eight and nine o'clock in the” ing, and marched ip procession to the music of piercing and spirit-stirring pipes, to the foot gate to pher street, where boat and barge were in co hundred convey them to the shady retreat. Ove OMe Oia y or invitations were extended by the commiy one and members of both boards of the Cor the number thas humerous other officials being amor (Me WO ahem honored. Colonel Cartwright, of © er ‘the officers of Massachusetts regiment, and oany © the grounds. European steamers then in port, were ow Tie Bf onl Music and dancing lent their aid to tho general o ment, and it was not until late in the oveninfeturn. club and their friends reached the cit O% "Busccwars’'s Atremptep Escare or Privosgifven three and four Ist.axo—Ovm Max Downy Dine prisoners made a most o'clock yesterday »%scape from Blackweli’s Island, by desperate «J the opposite shore. Immediately upon ae crial being mee the centry commenced firing pratot and rifle shots at the convicts, Four of the lot finally concinded to return. One, wounded of from the eftecta of cramp sink, and did not rite again the police from the maining cling to the stern of a vessel which was sailing up the sound, and are supposed to have escaped. A Remon Comnecre,—The report throughou! the city lastovening that Jeremiah O'Brieg, the murderer of Kate Smith, had committed satcide] in the Tombs by ing hia throat, was incorrect. Our reporter called at the tombs at midnight, and was informed by Keeper Finley that he had seen the prisoner but a few momenta prevonsiy, and that nothing of the Wind hed occurred. Serwusit Lucrsp,—Lovi Scbamann, aged 13 years, residing with Its parents at 10 Basex atroek was seri~, arrested t ee aed erate oticer “Aorse Le \@ Seventosata Be wan com: J ae Ste | ee ow Derbeth was o Bal. vue Hosoi, .