The New York Herald Newspaper, August 14, 1866, Page 4

— a pa VA set down for and Mary Harding EW YORK HERALD,| stores raty. cums oy ma 99S Ata alleged, passed a $2 counterfelt bill. Two young men, named respectively George MeKellop Aaron Van Pelt, were brought before Justice Dow. 1th yesterday charged with absonding with $2,600 in OFFICE N. W. CORNER OF FULTON AND NASSAU STS, ‘ates belonging to Messrs. McCoy & Van Wart, in Boman street, They bad fled to Alexandria, Va, THE DAILY HERALD, published every day in the war, | with Unir plunder, when they were suspected by ® con- Foor cents por copy. Annual subscription price, $14, stable ig enene iareye who, co ane his suspicions vHE WENKEY HERALD, every Saturday, at Five Fi pod ph ysirs wh a hundred — Ananal subseription price: — rekdaatas 1000 inp — pore es re ae . $2 | was arrested, and the whole batch were held to answer, JAMES GORDON NETS. EDITOR AND PROPRIETOR, per copys Une Copy. Unrce Copies 5 The stock warkyt was dull bat steady yesterday. Gold was strong, and chsed at 14934 a 14934. Sede 5 | ‘There was but little commotion im commercial circles Ton Copies 15 | yesterday, and owside of ‘Change it was emphatically ‘*blue Monday.”’ Foreign and domestic goods were alike quiet, but prices were substantially the same. Cotton was dull avd drooping. Coffee continued quiet, Sugar was steady. On the Produge Exchange the chief feature was the continued activity and buoyascy in breadstufs. JB PRINTING of every description, aleo Stereotyp- tiny and Kryraving, neatly and promptly executed at the lowest rates Volume XXXI- asked for prime wheat, Corn opened firmer, but closed AM THIS EVENING. heavy. Oats were quiet, but a shade firmer. Pork was dull and heavy. Beef unchanged Lard was quiet and S THEATRE, Broad Ni (GMon 'Borunns” Vekeaten couras or | Beavy. Whiskey dull and nomisal, Freights were dull Crasasts, Ackonats, Daxcers, Paxtommnsts, Vocauisrs, | and heavy. &c., de. MISCELLANEOUS. The Philadelphia Convention moots .to-day. Trains arriving at all hours yesterday in that city brought large numbers of delegates from al) parts of the country. The hotels are crowded, and the representatives of every political hue are intermingling harmoniously, no question being broached go far which is at all likely to disturb the harmony of the sasemblage, except the one of Vallandizham’s' admission. Fernando Wood, ‘overcome by outside pressure, finally withdrew in a concihatory and graceful manner, but the attacks upon Vallandigham have so far failed to effect a breach in his determination to attend. Tho exclusion of Valian- ‘ ronk 7 ane. Co digham is warmly advocated by the majority of the at vai MW ORF-HyoROGE. Shienorore “vies | Southern delegations, and it is believed that 1 resolu- Oc ul LAR yO Bteut Aga ov Puorst, Open from 8 | tion excluding all anti-war democtats from the North will be passed. The question of the Presidency is divided between Winthrop and Asbmun, of Massachusetts, and Dix, of New York. The report that Governor Curtin had called for two thousand militia to keep order in the city has resolved itself into an order from the Mayor for several regiments to report to General Lyle, as a precau- tionary measure. ‘ TONY PAS|OR'S OPERA HOUSE, 201 Bowery.—Cowre RO MINSTRELSY—BaLLer DivERrisseaky7, w York Mitxuax, CUXRLTY WHITE'S COMBINATION TROUPF, at Meciauics’ Mall, 472 Broadway—in a Vantery or Ligne axe Lave Corrs oe Bauer, &c. ‘tne Masgun Third Avenue, Botween Fifty. ninth streets.—Cnko. THOWas’ ORCHESTRAL dUrhT Commencing at 8 O'Clock, eiguih an acon ROO. )PERA HOUSE, Brooklyn. —Eraroriay Mix. avs, BURLESQURS AND PAntoniues. it 14, IN66. New York, Taesday, Au; KOTICE TO ADVERTISERS. Ail advertisements handed in untit half past nine Jolock in the evening will be classified under appro- Jue bf ved afior Gat hour. but proper ciassiiicatio cannot be cHS NBW 5S. EUROPE. { \elograms from Europe by the Atlantic iin the Herauo this morning, embrace ‘a, Prussin, Austria, Italy, Belginm and advices from St, Petersburg, Florence ore dated on Sunday, the 12th’ instant, t from London is continued to the even. y y, the 13th, al officers made their entry into : on Saturday. They enjoyed a priltiaut ion, fif.y thousand, pergons taking part ima grand an ovation given in their honor. The Union estors were displayed from all the public buildings, Napoleon's frontier demand ou Prussia is characterized @ “absurd?” in Berlin, Au alarming agitation prevails in Vie. huadrod persons were charged with Crowds of persons in the streets hailed E,uperor wis cvies of “abdicate.” Yeassia supports the right of Italy to Venetia, ‘The armistice between Austria and Italy isto endure Our spre eabie, publ neers fro! Over four a treason. e Austrian Governor Orr, of South Carolina, addressed a meeting of the conservative democracy at the National Guards’ Halt in Philadelphia course secession opivions of himself and the So@th by the appeal to arme—the highest human tribinal—and he, a partici- pant in the rebellion, was there then to declare that be, for ove, renounced the doctrine of secession and ac- kpowledged that the general government was supreme. He denied the statement that the South wished to repu- diate the national debt, and said that sbe was impover- ished and wanted Northern capital in her borders. last night. He said in the that the question of decided adversely to the of his remarks had been ‘Thy session of the Canadian Parliament will terminate to-day, Mr. Brown and the Attorney General indulged in « round of wordy abuse of one another, both being accused of never preparing a bill. Remarks were made to the effoct that certain statements were false; the state- ments were repeated, and again pronouncod false. At this ‘the liberal party applauded, and the coalition, fecting defeated, brought the matter to a close. Another Fenian seare !s being cultivated in Montreal, but the despatch says there is no reason for it, Information has reached San Francisco that four vessels of the Spanish squadron bad arrived at Tahiti, one of the Society Islands, and the rest of the equadron was coming. Two coal trains collided on the New Jersey Central four weeks aud be extended under certain conditions, | Railroad, about twenty-five miles from New York, yos- Ta the meautiive the Italians appear to exercise oxecu- tive rights in Venetia, ‘The Liverpeot cotton market closed firm yesterday, Monday. Consuls were quoted at 877%, for money, at the close terday morning. Nobody was injured. A portion of tho State Prison buildings at Charlestown, Mass., was destroyed by fire on Sunday night. Loss $30,000. It Is currently reported in Norf@1k, Va., that Henry A. yesterday it: London. United States five-tweuties were | W've has had bis property restored to nim, and that the a1 O83, the «ome time. THE CITY. But seven cases of cholera were reported at the orice Of (he Health Board yesterday, By the maps at ihe Registrar's office ft appeared that during the past week the commercial aad respectable portions of the city were thore: cleared of chotcra and other diarrheeal diseases, eports from the public institutions oa Blackwell's island showed a continued decrease In the @ number of cholera cases, In Brooklyn there was a de- cided abatement of the epidemic, only twelve new cases haying been reported, The mortuary report showed a teixi of 106 deaths from cholera in Brooklyn during the past week, (nthe Islands the epidemic barely lngers. Two new casos were reported on Governor's Island yes. tertay, one of “hich proved fatal. The cholera has en- Hiroty disapyearea from Hart’s and David's Islands, The feyorts from ‘Tybee Island, in Savannah harbor, charge the cocent severe moriality among the troops to the Regligence of their officers. The caso of cholera re- t Newport Barracks, Kentucky, has proven fatal, cases hud ovcurred, The cholera has ap- peared In Chicago, twenty eases Laving becu reported Since Frida There were | {ty-four deaths from cholera in Cincinnati on Saturday, vod sixty-eight on Sunday, 610 deaths trom that disease heving occurred (here during the frst eleven days of this inouth, It bas been decided by the Board of Heaith that it ix prevailing as av epidemic. ‘The Board of Counciimen held a meeting yesterday. Mayor Hof ns sent in a communication vetoing a series pessed by the Common Council author panties to construct elevated railroads et and other thoroughfares, our columns, and will repay takes the ground that the State one authorized to “ nl Baker's sent vent vowel yesterd It contains a consiter- nteresting information relative te the Five Mar the mon o figs which veo orred im this city during the six months @wding om )¢ 3tst of Iast May, No nitro-glycerine is now kept i ty, and the paid Fire Departament ie, be thinks, iaprowing. 7 Generale Sweeny and Spear, of the Fenian Rrother returned to this city from .Vormont yosterday. at |r on bail, their trial for violation of the at Pewleality low being ket dywn for October nex Rviiand, They till speak hopefully af the ptoepects of Fewianiem. The Trish refaxees of 1866 publish a call Vis mornin: on the liberal minded citizens of New York Yr employ: piekpockets and thieves is still being bh vigor. Five old professionals were creay, and those of them who would allow bis to be taken were let off w pel ning to leave the city, The rest went to 4. o raid « ha ph and corel’ | We wrsine the Excise Commissioners i# looking ap. ‘The deen of the Supro rt in the On Anfunction ¢ it is generally thy will be ad to the « coof the Injunctions and aifirming the oonstitut ior of the jaw. Two jee im Jersey City, and one known a9 Dermar ne corver of Thirty-ninth street and Tent avenu-, in New York, two in Brooklyn and one at Creenpoin: wero seized yesterday by authority trom the Comtnissioncr of Internal Revenue, on charges of dé iting the government. It is sal i a capital of periaps a million dollars has been employed by thee pariies in fae litating their nefarious oporativns from Black Ons hundred prisoners were disch wells isiand yesterday on tho ground of the effect oF the ary condition of the island. There were mor r 2 men discharged and more forsigners that One woman duchargod had been oowmiitte ous hundred and fifty-throe times, A man named Connors, a boatman, wee so severed Denton and stabbed by a gang of rowdies at the corm of Oourt and Pacific streete, Brooklyn, at about of @'rivek yesterday morning, that his life ts despaired @ A friend of Connors was also batly inured Having published th: avit of Timothy Golden, tt Asoctive charged with receiving briber and compoun fag with counterfeiters, it will prove interesting toe |“ wie! (ue officers founded their euxpicions upom. T frora statement of George Hyer, which we pubtien 1b | morning, comprises @ portion of (he tevtinony beark Upon the subject. Yosterday, in the Court of Common Move Judge Dy 1 Pentored a decision in the Perey contri): case. Afr Pacing the different points involved and citing the lal @uthoritias he decided that Perey must remandeda Br ordenee with the sentence of Judge Barsart HC MeCatiieter was brought vefore Commissior ©.oorn yeaterday charged with attempting 10 pass he Pty cout coenterfelt gamps eed bie examination freedmen oconpying it bave been ordered to vacate. AN agent from. Warhington had gone to put MI. Wise ia pos- session. GeueraL Grants order regarding newspapers uttering distoya! Mntiments has been revoked. ‘The Board of Health at Norfolk have directed a quaran- tine of twelve days on all vossels arriving from New York. The Queen of the Sandwich Islands and her euite left this city for Washington yesterday morning and arrived there in the afternoon. They were received at Willard’s Hote! by Mr, Stansbury on the part of the government, and wil! call upon President Johnson this evening. They were evonaded last night by the band of the Fifth cavalry. The Indian agent from the country of the Kiowas and Camuxches states that the Cheyennes, Arapahoe and the Sioux Indians aro holding their great council at Smoky Hil, The Choyenues say that the whites cannot build roads through their hunting grounds, The result of the couno! will moat probably decide the attitude of these tribesto the government, The American Association for the Advancement of Sciente begin their seesion at BuiTalo to-day. A vere thunder storm visited the vicinity of Wheel- ing, Wes: Virginia, on Sunday night. A family of seven persons perished in the flood produced by the heavy rains a man and woman were killed by lightning, and sevor! other casualties are reported. Several railroad dredges and telecraph poles were washed away. Leters from President Juaroz to the Mexican Consul at Wishington state that a force was being sent from Chituwhua to EL Paso, It was thought that Durango woutt be evacuated by the French, Probable War Between France and Ger- meny—Critkal Situntion of Lonis Napoleon, ‘the age of miracles has returned. The evi- derce hus heen laid before our readers in the sureessive issues of the New York Henranp sitce the laying of the Atlantic cable, and expecially in our issue of yosterday, with its emious bullget of Eavopean news. Only look aii, Despatches down to Saturday night last fom Londen, Paris and Florence, and down to teidny evening from Berlin, Vienna, Cronstadt md St. Petersburg, published in the Henan € Monday morning! Three columns of such wepatches in one issue of this journal! We te approiching in reality the bonst of the vely iairy Puck, when he said, “I'll put a ird!e round about the earth in forty minutes.” Chere hasnever been such another marvel of vewspaper enterprise in the Old World or the New as was given to our readers in their Heratp of yesterday morning. It marks the , |positive thanguration of a new epoch in modern journalism, from which, as we go on, we promite the great American public still more wonderful things. We have the experi- ence, the men and the means, and all the modern improvemenis and facilities needed to keep pace with the progress of the age, and we do nd intend that the Heraxo shall rest upon the laurele it has already gained. On the Atianée cable we are like General Grant when he had fairly started his rebel adversary on the race for Richmond; for we intend to “ fight it qut on this line if it takes all sum- mer” andall winter too, One of onr special despatches published | yesterday from Berlin, dated August 10, gives us intelligence which is segond in importance only to tie tremendous battle and disastrous defeat ot)the Austrians at Sadowa or Kinig- refer to the despatch which says 't excitement bere” (in Berlin) in that M, Benedetti (the French min- left Berlin tor Paris on the evening His departure in the midst of that great exdtement in the Prussian capital was very significant. He left for Paria to warn or despatches from the same quarter, which we publish this morning, fully confirm this view of the German situation. The Rhineis the sacred river of the Germans. It is to them what the Jordan was te the ancient Israelites, what the Ganges is to the Hindoos, what the Nile was and is to the Egyptians—an object of veneration, affection and devotion. The German calls the beautiful river of his fatherland “Our Father Rhine;” be sings of its hills and vales and vineyards, and of its people, as all German on both banke—that there is and shall be no divided authority on “Father Rhine.” The Hon. Mrs. Nor ton, in her exquisite poem of the young German soldier dying in Algiers, makes it his last wish that his companion shall reatore ‘My father’s sword and mine, To cottage wall in Bingen, "Yair Bingen on the Bhiue. And, in truth, from the poetic and sentimental nature of the German, his love of “Father Rhine” is stronger than death. When the semi- official organ at Berlin, therefore, tells us that the question of the relinquishment of any of the German soil along the Rhine is not an in- ternational but a national question, we can understand it. It means that the German race, of all their States and Principalities—some sixty millions of Germans—are prepared to fight for Father Rhine and their brethren. on his banks, whatever may have been the pro- mises of Bismarck or in whatever shape may come the demands of Napoleon. There is danger, then, we hold, in this de- mand of France for the left bank of the Rhine. But what is Napoleon todo? He has excited the hopes of the French people, and he cannot recede without something of disgrace and of peril to his dynasty, Bata war with Prussia for this boundary will be a war with the whole German family of sixty millions, Austria will be powerless to help him ‘even if so inclined. Her Emperor stands disgraced among his own people in his own capital. Italy is under the greatest obligations to Prussia, so that Napo- leon against Bismarck can hanlly expect s supporting hand from Victor Emanuel. In any event, in attempting to wrest by iorce of arms the left bank of the Rhine from the Germans, Napoleon will be beaten. The thirty-six mil- lions of French people cannot cope with the sixty millions of the Germans, Let him iry this rash experiment, and it will ruin him, He will be beaten and his empire will be super- seded with his fall by another French republic. Such are the dangers which now menace Na- poleon; for the question of the Rhine to the Germans, from the mountains to the sea, is “not an international but a national question.” We shall watch with deep interest the course of Napoleon upon this delicate and dangerous question to its settlement. The Financial Condition of Europe Should ‘There be a Prolonged and General War. The news by the Atlantic cable indicates that more and greater trouble is brewing in Europe. The Emperor Napoleon, irritated by the (urn of atfairs which has desiroyed his preztige as arbiter in the Old World and provoked by the disappointed ambition of the French people, has revived the old Napoleonis idea of an ex- tension of the empire to the Rhine. He has been forced to this by the necessity of his present embarrassing position and for political effect, whatever his own views may be as tothe prospect of obtaining what he and the French covet. This greatly complicates the state of things in Enrope, and he may be compelied to try the power of the sword to save himselfand to appease his subjects. There is some proba- bility, then, that a more general European war- may be imminent. Under such circumstances we are led to ask, What would be the financial condition of Enrope and how it would affect us? Mr. Gladstone made not long ago a very striking exposition of the financial condition of the different States of Europe. He showed that they were all overburdened with debt, and that but few of them could raise reverno enough to pay their current expenses in times of peace. Like prodigals most of thom were borrowing money upon the future, and swelling up enormous debis for coming geue- rations to pay or repudiate. We all know | that even in the most prosperous countres taxation is almost insupporiable. It ia not the same with those countries as with us; thir resources have approached, or linve nearly ap- proached, a limit; ours are unlimited and rapidly increasing every year. What, ihen, would 5e the effect of such a gigantic and general war. now appears to be threatening? Even Fron, with all her developed industry within ihe jas few years, could not stand such a sirain wit out imminent risk of general bankrupicy ard revolution. England, with all ber aceuut- lated capital, should she be dragged into was, must be subject to the same consequences, She, however, will avoid war if possibb. Austria is hopelessly bankrupt. Italy bas nm resources of her own, and could not borroy under such circumstances, Prassia, though she has managed well with her flaances, is nos & great commercial nation, and has not much accumulated capital. Besides, she has already expended a great deal. Russia, while a great military Power, and supporting large armies at comparatively liitle cost, has already a large debt and not a great deal of accuma- lated capital. Still, she is better able to stand @ great and prolonged war than the others, But none are in a condition financially to enier upon such a struggle as seems probable with- out widespread bankraptey following. Should Napoleon push his pretensions #o far as to involve a general war, the sto ond funds of the different European nations would | tumble down like ten pins hefore a well aimed ball. They are kept up now by # very skilful syatem of operations beyond their intrinsic and relative value. They are based almost entirely on the credit of the governments, and conse. quently on the stability of these governments, without the least expectation that the principal ever will or can be paid. The resources of the different countries are strained to the whmost to meet the interest, which is low, and this is not always met, ae we remarked before. If, there- fore, the stability or credit of the governments be shaken by ® general war or revolutions, we | know the inevitable consequence. How differ- ent with us, With a vasi, rich and virgin coun- try, and @ population of thirty-five millions full of industry and invention, ont national debt is buta feather in weight comparatively. Besides, the government of the United States is the strongest and moat stable of any fn the world. This bas been demonsirated in the late extrac. NEW (YORK: HERALD,” TUESDAY, AUGUST ; 14, 1866; markets of the world; ought to be, in fact, nearly double what they are quoted, It cannot be long betore tMis must be the case. While we do not desire, from principles of humanity, to see a general war in Europe; there is no doubt it would have the effect of increasing the value of American securities at the same time those of the nations of Europe would greatly decline. _ ‘The Great Popular Gathering at Philadelphia To-day. One of the most important conventions that has ever assembled on this continent will com- mence its session in Philadelphia at noon to- day. The developments during the last eight months have convinced the public of the neces- sity of such a gathering. This being the case, its meeting is timely, neither too early nor too late. Like the spontancous movement of the people in 1861, it comes at the very time to be useful; and if it acts wisely it will, like that uprising, concentrate and consolidate the universal sentiment of the people against the bloody radical usurpers. Its voice, in that event, will be potential in behalfof the Union and the complete restoration of thé country. As it was in 1861, 80 it is now; the time has come for the people to make their power felt and to exhibit to the world the majesty of a popular government. At the commencement of the war the great mass exhibited their deter- mination to protect and defend the constitu- tion, the Union and the flag against the assaults of its Southern political enemics. The spirit and the determination of the people to assert their power at that time was manifested at all the mass meetings of that day. They ex- hibited that settled purpose which at once put an end to all cavil and overcame all opposition. The rebellion was crushed. The great object of the people was accomplished. Events have rolled onward, until now we find the political pendulum, in those vibrations back and forth which mark the epochs in a nation, swang to the other extreme. The country is once more threatened, its existence perilied by the usurpa- tions and the insurrectionary deeds of the other extremists. The time has, therefore, come for the people to assert their majesty and once more exercise that overruling power which belongs alone to the citizens of a democratic government like ours. [tis not proposed to wait this time until the only resource left for them to assert their power is the bullet, but to commence long cnough belore they are aroused hy the sound of the cannon to crush out the radical conspirators at the ballot box. = « Recent events point unmistakably to the fact that the Massachusetts radicals of the North are preparing to plunge the country into another bloody revolution. Unless we mistake the signs of the times the people are on the eve of bringing about a peaceful revolution, and yet none the less effective and sweeping in its results. The radicals would force upon asa revolation that would drench our plains with blood and fill the land with mourning, while the people are preparing to bring about a revolution, although silent, yet far more powertal and lasting. This is why we see men from al} sections of the country assembling to- day in Philadclphia. It is to give expression to this sentiment that men from the mountains of Maine and New England join hands with those from the gold fields of the Pacific. It is for this purpose that we see delegates leaving their homes on the Western prairies to meet those from the cotton fields of the South, ant thus, in the City of Brotherly Love, to renew their devotion to the Union. A radical Congress has attempted to permanently divide the country. For eight long months it labored to increase the bitterness between different sections, The radicals have refused to admit loyal representatives elected by the people in several Siates into the halls of Congress. They have inaugurated and legalized Jacobin clubs throughout twelve States in the shape of a Freedmen’s Bureau, and thus estab- liched a machinery that needs bat rk, with the New England parsons at ils , © bring on a conflict of races, They have defied all law; traduced the Executive ; inaugaraied riots in Memphis, New Orleans and Arkansas; increased our national debt and the taxes; taken money from the pockets of the people to expend on their Jacobin elnbs int the South; appropriated fands taken from the hard earnings of the masses to support the negroes in idleness; indulged in the most profligate and corrupt legislation in the his- tory ol any nation; made no provision for the payment of our debt or adjusting our cuar- reney, but fosiered speculation and enacted laws for the benefit of the rich agaiust the poor and medium classes. The independent press has sounded the alarm of danger, and we need no better evidence that the people are becoming aroused than is found in this great popular gaihering in the Quaker City. A few individuals at the national capital, seeing the danger that threatened the country through the usurpation of a radical Congress, issned a call fora public meeting. It has met with a reaponse from the remotest corner of our land, and is now the absorbing theme in every city, village and hamlet in the repub- lic. As it was in 1861, so it is now; men of opposite parties, men who have had no sym- pathy in political seutiment with each other before, have dropped all their past differences and, having cat aloof from their associations, now come forward without regard to their ante- cedents and unite in this movement to put down the radieal enemies of the nation. Nothing short of a deep conviction in the hearts of the people could bring about this result in so short a time. It shows that the great mass realize the dauger abead, and having learned by the bitter and costly experience of the past they propose to profit by it and to assert their power in time to accomplish their object at the ballot box. The Convention will, therefore, probably be the largest ever assembled, and will partake more of the character of « na- tional mass meeting than a political conven- tion, Ie significance and importance, there- fore, are beyond estimating. That it will bring” about @ political revolution is already evident from the rage and the fear and trembling of the radicals in alldirections, Their organs show the alarm that exisis among them, while the rage exhibited hy their orators on the stump is the precursor of their downfall and ruin. From all this we draw the conclusion that thie Convention, if wisdom prevails in ite councils, will so give direction to public sentiment that the coming Congressional elections will result ina revolution in Congress and the repndin- to consuk the Emperor, because he saw that | dinary ordeal we have parsed throagh. Look- | Hon of those who have Inbored to divide and he couldido nothing with this demand for the | Ing at there undeniahic facie, our securities disiract the country that they might retain extenslod of France to the Rhine. portance to the nation, Qur only hope for the peace and prosperity of the country rests upon the defeat of the radical usurpers at the ap- proaching Congressional elections. Ii is to aid in this work that this Convention has assem- bled, and through that secure an early adjust- ment of our internal affairs. If this shall fol- low as one of the results of this gathering, then it will have accomplished its objects, its suc- cess will be complete, and the uprising of the people in 1866 will not have been in vain. The Cable News and the Associated Press. The news which has been flashed from Europe through the Atlantic cable has been fur- nished to the American public, as our readers are already aware, by the enterprise and capital of the Henarp, We procure the news from our correspondents at the leading Capitals and cities of tho continent—trom St, Petersburg to Bucharest and from London to Paris, Rome and Florence, Vienna, Berlin and Madrid. By this means we have been enabled to provide the public with the most important news upon all the living subjects of the day. We have, in short, rendered the Atlantic cable of real value to the American people. . The other newspapers connected with the Associat- ed Press have been furnished with this news in conformity with the articles of the association. They agreed to accept it and pay their share of the cable charges. We did not ask them to receive it, but they demanded that it should be sent to them. We acquiesced in the de- mand, and they have received it regularly as soon as it reachod us. Four journals of the Associated Press have bucked out of the ar- rangement which was of their own seeking. It appears that they cannot afford to pay for news which is essential to the interests of the entire community, which indicates that they are going rapidly to perdition. But if these four journals suppose that they are going to evade the responsibility they have incurred in the articles agreed to in the Associated Press they are misiaken; for we will test the ques- tion of their responsibility in actions at law, and compel them to fulfil their contract. The Times and Tribune have exhibited the manliness to adhere to their obligations. They publish the news by telegraph from Europe, and are willing to pay for it, They are therefore worthy to be classed with the Heratp as among the three leading daily papers now published on this planet. - The New Yorx Herarp, Times and Tribune hold the foremost rank in all the world to-day in the list of enterprising journals. The management of the Associated Press, as may be understood from the conduct of four ot the papers which comprise the association, has fallen into bad hands; for the readera of these backsliding journals are deprived of the latest European news by telegraph, which, of course, they desire to obtain. The Executive Com- mittee of the Associated Press is, in fact, con- trolled by two nincompoops—Mr. Marble ani Mr. Sinclair—who know nothing at all about the business they assume to manage, and when they entered upon the arrangement for the reception of news by the Atlantic cable, they evidently had no idea of whai great results were to be obtained by it, or what financial responsibility it involved. Marble is the mean- est man we have ever met in the newspaper business; but we understand that he was not brought up to the profession of journalism, and therefore may, perhaps, be excused for his want of knowledge of the courtesies which should prevail with gentlemen in the conduct of respectable newspapers and the rules which govern their action in their exalted pro- fessional career. We believe he was educated for a parson, and that may account in a great degree for his pre-eminent meanness. However, we intend to hold all the news- Papers that have backed ont of the arrange- ment eniered into at their own request, with regard to the news received by the Atlantic cable, to a strict accountability for the fulfil- ment of their contract. Morr Riots axp Boop Wantsp uy THe Rav. IOALS. Tribune, fhe leading organ of the bloody radical faction, adopts a very ingenious method of advertising for the means of getting up more riots and bloodshed in the interest of that party, after the manner of New Orleans and Memphis. It Yaserts the following para- graph in its columns, which, it appears, it picked up in some newapaper, but it does not say where :— Wasren—Sovrmmas Rtors ro Herne var Rapwcars,— it having been deemed néceseary to repeat the old game of “bleeding Kansas” in order io hambug the Northern volera at the coming elect.ons, a number of rots are de. aired at varios prominent poinia at the South, such as Richmond, Mobile, Memphis and New Orleans. If twenty or thirty negroes, martyrs to liberty, can be Killed at euch of theee places, #0 nvroh the bewer for the radical cause. For further particulars, terms of com- pensation, &c., apply to Old Thad Steve any other member of the Recoustruction Comm! ‘This is certainly a very adroif Wily which the organ of the radicais has hit upon to advertise for rioters and butchers, We agree with the Tritvme that this is a very wicked scheme, bul then it is just the plan that the radicals have adopied to keep themselves in power. It is by making a show of violence on the part of couservative people in the South and by a gonral clamor for blood that they hope to carry the coming ¢lec- tions. That the shedding of blood is the leading feature in their policy the country has evidence enough in the fact that they. have already killed off a million of the wnfurtunate black race. Their Congressional leader, Thad Stevens, opened the campaign against the President by threatening to behead Mr. John- fon, as the radjeal Puritans of England be- headed Charles the First. Dnt ax our radicals, with Thad Stevens at their head, cannot dis member Andy Johnson as easily as Oliver Cromwell and his radicals took the head from the shoulders of the English king, they resorted to the system of killing the poor negroes in the Southern cities, and getting up bloody riots, in which the most appalling scenes wore enacted, resulting faially to both whites and blacks—black victims being preferred hy ihe radicals because more capital could be made out of (heir murder, A prominent radical leader in the House—General Banks—foretold the New Orleans massacre before it was dreamed of, except by the radical politicians who con: cocted it, showing clearly that it was § prearranged part of their policy, which ap- pears to be based wpon blood and violation of the law. We cannot but admire the clever fashion in which the Tyitune, the chief organ of the radicals, has advertised for men and menna to get up a few more bloody riets, while we are entirely in accord with it in the sentiment— which it hypocritically expressee—that it Iv & The later | ought to be worth “tore than any others in the | power, This result will be of the greatest im- | wicked and devilish device. The Probable Effect of the New Internal Revenue Bill. The new Internal Revenue bill, passed by Congress at the end of the session, will prove, we believe, a fraud upon the country. It is called in the title “A Bill to Reduce Internal Taxation;” but it is probable from the new taxes imposed that the revenue from this source will not be reduced. The taxes that are taken off or reduced will scarcely be felt, and the amount will be comparatively insigni- ficant, while the tax on cotton and increased tax on other’ things will in all probsbility more than counterbalance the reduction. We confidently expect » larger internal revenue at the close of the present fiscal year than that of last fear, unless extraordinary and unfore- seen circumstances should prevent. + This will be gratifying, doubtless, as far as showing the resources of the country and giv- ing the government means to pay off a portion of the debt are concerned; but that will not lessen the odium which must fall upon Congress for deceiving the people and for keeping an unnecessary burdem upon their shoulders. ‘The trath is that the corrupt radical members of Congress wanted a larger fund for jobs to enrich themselves and their supporters. A large surplus revenue enables them to squander the public money without being so easily detected, and they can use it-very effectively for political purposes. The radical protectionists of New England can at the same time fill their pockets at the expense of the agriculturists and the general interests of the whole community, and particularly at the expense of the West and the South. The title of the bill is a fraud on the face of it, It isnot a bill to reduce internal taxation. It is nothing else than a bill to pro- tect and, muke rich New England manutfac- turers, and to give the unscrupulous radical majority of Congress an opporiunity to con- tinue their system of plundering the tréasury by all soris of corrupt jobs, There never was in the history of this or any other country a more outrageous fraud committed through the forms of legislation. Those who framed the bill and the majority of those who voted for it knew what they were doing. Some may have been ignorant, for it must be coufessed there was stupidity enough in Congress; but whether ignorant or voting knowingly from corrupt mo- tives, this bill shows thatthe present Congress- men are totally unfit to hold the position of re- presentatives of the people. We call upon the voters in the ensuing elections to remember this and to repudiate both the men and their conduct, This is the only way in which the country can be saved from the lamentable con- sequences with which we are threatened, both financially end politically. The Coming Revolution—Extra Herald. A movement of vital importance to every interest in the country commences to-day in Philadelphia. The aim of this National Con- vention, which assembles this morning, is, on . the one hand, to put upon record the popular disapprobation gt the course of the radical majority in Congress, which has inaugurated a system of legislation the most corrupt the world has ever known, which has thrown every obstacle in the way of the enjoyment of peace conquered at the cost of millions of treasure and oceans of blood and has piled up tax- ation upon the people so that the rich are un- necessarily oppressed and men of moderate means are impoverished. And another object of this National Convention is to pave the way for depriving this radical faction who control the existing Congress of power in the fature, and thereby enabling the reconstruction policy of President Johnson to prevail—a policy which embraces a return to our former pros- perous condition and the full enjoyment of the traits of peace so dearly earned by the blood of e million of men—s policy which ignores deliberately concocted riots in Sonthern cities,” huwan sacrifices for the purpose of making party capital, and all the other treason- able devices of the radicals to keep the country disorganized and disunited and inaugurate a new rebellion and a war of races. The recent wholesale massacres at Memphie and New Orleans were but “conspicuous man- ifestations ” of the spirit now rampant in the radical, revolutionary, Jacobian faction. The agents of the radical party are now the domi- nant power in creating riots and causing bloed- shed in all the cities where they can gaine foothold “from the Potomac to the Rio Grande.” it is thus imperative upon those who stand for loyalty aud the permanency of the republic that they should organize and work (as they intend to do at the Philadelphia Con- vention) to strengthen the bands of the Presi- dent against the revolutionary designs of an infamous Congress. The radicals must be coa- vinced that revolutions “go not backwards ;” that a condition of war must not be preserved while a condition of peace actually exists ; that the suppression of the rebellion is au unchange- able fact and that the speed 'y restoration of the beneficent results of peace is a grand political necessity. In order to accomplish these ends we consider—in conjunction with the radical ongans—that it is fitting that light and truth shold be “systematically diffused to every neighborhood, every fireside throughout oar broad country;” therefore we propose to fur nish an issue of the conservative Herars weekly edition, identical in sizo and contents (only @ little fresher than the daily Issue) om the following terms i= Two copies tor tree months one dollar, and terms for @ longer period in proportion. It ia unnecessary to sd the address, as every one knows where to find the Hyman. SPANISH WAR VESSELS AT TAHITI. x of the Spanish Fiect at the Island De "Gulunes of the Flee £ peeted in an Ow Dave Ditapidated Appearance of the Jes r Biv Pear mee, Angust 4 1808. f t, reports ‘The bark Saxon, Mity.one days from Te, the arrival at hat istand of (our vowelao the Spantod fleet trom Cadiz The rest were wepoctet in a few dave Nobady was allowed to lan| or answer (caaions aboot the deatination of vive eet. ‘The vessels sopened io Be enaralty diapidated.