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4 NNEW YORK HERALD. ———eeer @AMES GORDON BENNET®, EDITOR AND PROPRIETOR, \o7rice N. W. CORNER OF FULTON AND NASSAU OTS. connvanennenangaammate “ THE DAILY HERALD, published every day i Die year, WFevaceats per copy. Annual subscription price, 614. JOB PRINTING of every decription, also Stereetyp- ‘ing and Engraving, neatly and promplly executed at the Horwest rates. Volume XXXI.. Ne. 335 PR ee at 8) THEATRE! Broadway, Breome By way, near as TONY PASTOR'S: OPana ROUSE, 201 pees —Comio Minsraxisy—BaLisy Divenvweswent, Wouaisu—Nearo ac.—Tun Tausn © Cmusrraix, . FaRATRE, the 8t, Nicholas cats anon eras a, Revedvay, oppostio 2 Ste Mieholas Acrosats, Danceas, Pantominists, hg ba hil , donrs "be batine ao, Thind gy jhalrpons 2 poco ory ‘rook CHADERY, WHITE'S comBIN com Mechanics’ Hall, heater ip Lavansses f Bh ey ‘Tar Daarr. RACE GARDEN, Pty and Fifty-ninth atroeta. @aaven Concunts, ACADEMY OF M sufusteehs)-Sinuinee Dances eke Pcshrinh pethiryreag SEAVER'S OPERA HOU! ‘Mamsburg.—Tas Facroar Giat’s Disany—EKmss one vee “_SOOLEY’S OPRRA HOUSE, Brooklya.—Brmrortan gtaRisy—U4' L408. BUKLESQUES AND Pawroutmas, boca NEW YORK MUSEUM 1 XBW YORK MUSE F ANATOMY: 618 Broadway. — ul agp wut Ane or Taos. Open New York, Thursday, August 23, 1866. THE NOW s. EUROPE. Our correspondents in Europe furnish through the At- Juntiggecable ial t-legrams embracine nows from Prus- a Russia, Bayaria, Saxony, Italy, Austria and Greece, ‘Pater to Tuesday, the 21st instant, which we publish to- Dev. Our advices from Paris, London, Liverpool, South- Dnpton and Queenstown extend to yeatorday (22d) oven. ing, ‘Tho report of the signing of the peace treaty between Austria, Prussla and Bavaria was premature, The mego- tions are in ratisfactory progross, ‘Tho etty of Frankfort, the Duchy of Nassau, the Elec. Xorate of Hoase and the Kingdom of Hanover are to be immediately annexed to Prugsta, ‘Tue ex-King of Hanover is in Vionna, willing to abdi- cate if the act ts accepted in favor of his son by Prussia, Proxgia will give no assurance to that effect, + Prussia Promises to come to an early settlement, po- Vitical aud commercial, with Bavaria, Napoleon assures England that the fortresses of Martenburg and Phillipville will not be demanded from RBeliam by France. The officers of tho United States squadron tn Russia ‘Bull enjoy the most marked attentions, 10 is gald that the Maximilian mission by the Empress Charlotte to Napoleon has failed, and that his abdication of (he Mexican throne is looked for in Paris, ‘ An insurrection of Polish exiles in Eastern Siberia has ‘Deon suppressed, ‘The Christians in Candia aro im armed revolt against tho Tarks. The authorities treat them as rebels abd Torkish troops have been mardhed against them. ‘The steamship Allomanuia left Southampton yesterday ‘with one hundred thoussnd pounds sterling in specie for ‘New York. By the steamship Persia, at this port yesterday, we re- ceived oar Buropean files containing interesting details ef our cable telegrams to the lith of August. ‘Tho main points of Queen Victoria's speech delivered ‘tthe prorogation of the English Parliament reached ‘we by the Atlantic cablé and have been alrsady pub- fished in the Haraty. Her Majosty’s remarks on the daugers of Fenianism and the necessity of a ctoser union with tee United States are given to-day in ezienso. ‘Tho London Times makes, in its editorial columns, a fer-e personal onslaught on General Banka, and a severe @olitieal attack on his Congressional and republican @viends, for their action in relaxing the American neu- ‘rality (awa, in favor, as the writer alleges, of the Feuiacs. ‘Tho sweeping anaexation measures of Prissia, com- Mined with the doubtful attitude of Nopoleon towards {Peigium, have alarmed England, and tho London Times peoks to draw closer to the French monarch by an Bitack on Count Bismarck's German policy. Congols declined one-fourth per cont in London yester- Aay, Augnst 22. The official quotation, at the close, was &Sjg. United States five-twentios were at 70. The Liv- erpool cotton markes was unchanged, from the quota- tions of the 2lst instant, yestorday, Broadstutls and provisions were unallcred, with the exesption of am ad- vauoe in pork. THE CITY. ‘Tie cholora showed no imdications of an increase yootorday’ in this olty, Thirteen new casos aod eloven ais wore roported, The new Street Contractors have reyncstod the President of the Health Board to furaish thom with memorandums of the several plagne pots in Now York, so that they can bo promptly attended to, Ta the pabiic institations tho cholera continas to abate, I) Brookiya there was a continued abatement of the epidemic. Thore were only cightcen cholera paticnts at to hospitals in Brooklyn yesterday. The Commissioners of Kraugration held their regular m cling yestoriay, Prosuent Verplanck im the chair. ‘Foo veport of the Board of Fmijration of Grea’ Britain for tho year 1865 was received, together with a long decor from the Chairman. The Ohargd d'Affaires of the Housoate republic also forwarded a copy of the new Finigeant act, drawm up at Bremen on the 9th of July, 1905, warch supersedes all previogs acta, rhe inquiries tnatitated by the polies authorities to Ascerinin as to the facts of the corraption sad to exist among the’ members of the Detective force, revalied tm © arto a day or two wines of detective officers Peytom rbert aud Kobert Gray, of the Third precinct, and trick Kinley of the Twoaty-soventh prociucl. A por- + ¢ Was also arrested by the name ef Harte Lovonberg, 10 was inthe hablé of pawtog bimelf off as oficer Mt, of the ‘Tenth precinet, and acte! asa go-between the offiesrs and those whe were lo be vietimaed Sie detectives were admitted to deil yestertay im iho Po of $1,000 each, and Lovenberg In the sum of 3}.500, to ayfilt oxam#nation before the General sessions, ‘Hur jewel) store of Mr, Tico, on Faltom and Johuson ', Brooklyn, wae entered last evening, abont half. ht o'clock, by am individual who asked to bo diawoud rings, Mr, Tice showed him sove aude a grab among them, and, by the aid of © who was at ihe door with @ borse and ved ( got away. The amovat stolen ir Wm and active yestertay. Gov. Gold was strong aad ox- 140% wt four P.M. ‘geia the general aspect of ftoy, Tustoees im some depart e active, bit thore was no general ely # frm, Coffee was ige Cour war quiet and 106, 9 160. Wheat was qulot, and prices favored the buyer. vit, Was Avo. Pork was in fair demand w A quotations, eet vndy. Lard was yl ae Whiskey wns without decided change, Yr dull and mom!onl, Petroteum was fri. MISCELLANEOUS, Mur despatches from the goat of war ta Pargnay aro to tho 1th of July, ‘The aliied armios had failed in (yet operations around Humaita, and were in a swamp aurrounded by the Parnganyans. All the naval squad. « along the coast were preparing to harbor in Rio ro for the winter. The gunboats Onward, Nipeic « Shawmat and the flagship Brooklyn, Adtuira! Go. vere, and the Jéniata war expected, Finan. Rio was In a state of stagnation. Moxioo ly by telegraph vin Now Or < ot Caravajal’s expulsion by the are coufirmed. is sueeessor, po nted and Prosident Jauros noti- in the administration, The new eom- n, We Botoned Crote fied of the change rouniant Immediately ent vex a couple of loans amount- The to $126,000 from the citizens, Nothing ts said of wae Cortna« reported treachéry, bat he sw atill at Reynosa. consly arrived from Washington, and had a private inter- view with the prisoner, but with what result was not made public. brother, and two delegates from North Carolina, arrived at Fortress Monroo on Sunday on their way home from ‘The intelligence from Japan isto the 19th of July. Acommissoner from Victor Emanuct bad arrived as Yokohoma to consummate «treaty between Italy and Japan. A lodge of Masons had been established, The inenaren siian we seahend egies BOS ‘The preparations for an invasion are comtiqued in Canada since the peaceful solution of the plcato problem. tes teoqunery sonrinn vena) ne during the absence of the Governor General tn Baro, 1p actively engaged in inspeoting the provincial defences. Aconsiderable force is now at Corawall; another is at e ¥ ed giving thanks for the the war, acknowledging a debt of gratitude to the soldiers and sailors, ondorsing the proposed amend- ‘ment to the constitution of the United States, especially the clause changing the basis of representation. declaring President Johnson's policy to be for the purpose of resur- recting the democratic party, and eulogizing General Geary and Govorner Curtin. A resolu'ion was also adopted demanding the dismissal of the Hon. Henry J. Raymon@ from the Republican National Union Com- mittee, without giving him permission to resign. Speeches were delivered by the Hon, Lewis wW. Hall, Speaker of the Senate, Genoral Fisher, General ‘Geary, Thomas E. Cochran, of New York, and others, A meeting of about flve hundted persons assembled ab the Union League rooms in Philadelphia last evening (or the purpose of taking steps to welcome the delegates to the convention of Southern loyalists which is to be bold in that city on the 34 of Septemb r. Rosolntions and a formal letter of invitation were adopted of an tute Tadical character, returning thanks to the loyal’ Tesentatives in Congress, denouncing the President and Secrotary Seward for their‘ extraord nary sympa: thy with the prominent ties of the oouptry,”” Senator Connell and Do Bx tie viated Forrtess Mon:oe on Saturday, awl tio Doctor had an interview with J. ff Davis, He thinks the rebel chiot looks as well as he did threo years age, Assistant Surgeon General Cr ne re- Alexandor H_ St»phens ‘ant his the Philadelphia Convention. ‘There were twenty-oight deaths ftom cholera in Now Orleans on Tuesday, fifty-three in Cincinnati, and fitty- five in St, Louis. The commanidor of the naval squadron in the Gulf of Mexico reports that the cholera is rapidly abating among the officers and men of his fleot, Bich gold and silvor mines have been dis‘overed moar Fort Stanton, in the Territory of New Mexico, Maximilian’s Bleckade—President Jobnson ‘Taking Hold of Our Foreign Affairs. President Johnson quickly followed up his proclamation of the I7th inst, de- claring Maximilian’s blockade null and void, by decided action. Two war vessels have have ordered to be stationed at the mouth of the Bio Grande, ead the commander of the Pacific squadron has received orders to send two mea- of-war to Magatlan and Guaymas to protect the’ interests of our citizens and country. We think we see the hand of the Presidont in all this, and that the timid, temporizing policy of Mr. Seward in our foreign affairs is now to give “place to amore decisive, vigorous and elevated policy. Tho dignity of this great republic, as well as our interests, required such a change. We have lost much bya wéak, time-serving course. The national flag has been lowered in complimentary deference to foreign nations when it ought to have been thrown boldly to the breege. Had this been done we should have been saved from much trouble and from those complications with European Powers which grew out of the war and are not yet adjusted. There is no necessity to go to war to maintain the dignity of the republic; there need be no fear of war; our position is too impregna- ble and we are too powerful for any nation to attempt a war with us except under suoh extreme provocation as we are not likely to offer. We can afford to be magnanimous, as, indeed, we have beea in our relations with other nations, but the surest way to avoid difficulties is to firmly maintain the dignity and tights of the’ country before all the world Taking this view of tho matter we are happy to know that the President has commenced a ‘new and determined course in our foreign policy. He has proved himself to be an able statesman in the management of our domestic affairs, in bringing the country through un- paralleled difficulties to the point of restora- | tion, harmony and good feeling, ard now he | gives us reason to believe that he will place the republic im that igh position among the first Powers of the world 0 whicu it is en- tilled. The proclamation of the President, asserling that the declaration of blockade made by one of the bolligerents in Mexico, “namely, the Prince Maximilian,” will be disallowed by tie United Siates, and that it is null and void, will undoubte sly create a sensation both in Mexico {ia France; but when It becomes known that our war vessel# have been ordered both to the mouth of the Rio Grande and tho ports on tho Pacific there will be, we imagine, a very tively commotion in both countries, It shou'd be observed that the Prdsidént’s disallowing the blockade Is put not only om the ground of there + being no compeicat military of naval force to support the declaration of blockade, but also on account of treatics existing between the United States and Mexico. This we regard os a significant clause, especially when taken in connection with the fact that both this country and Mexico have a common right to the navi- gation and trade of the Rio Grande, and that we have never recognized but one legiiimate government in Mexico—that of the republic. It seems to us, after carofully examining the tevor of the President's languagy, that the posi- tion of “ihe Prince Maximilion” In Mexico is regarded by our government as hitile cise than that of a filibuster, jast as Kinney and Walker were rogarded as fil: busters in Nicaragua, The consequence of this action on the part of the Presidout may be very disastrous, and that before loug, to “the Prince Maximilian,” and very humiliating to the Emperor Napoleon. Beyond all question it is a very ticklish state of affairs, A trifling accident, like # single spark of fire, may cause a conflagratién. Our urmy and navy, to aman, are bitterly hostile to the French and Maximilian’s usurpation in Mexco, General Graut would gladly have token on army of twenty or thirty thousand men at the close of our war to drive the French out if the President had given him the authority. He was satisfied that taat number of mon would be sufficient. with the Mavinena themselves, General Sheridan, who ts in ‘com- mand now on the border of highly probable these distinguished soldiers have been consulted by the President and have exercised an influence over his action, We have said @ trifling aoci- dent on the border may cause serious conse- quences. The actual state of things justifies this remark, and then we have history to remind us ofthe danger. The war between Mexico s=d this country was kindled into a flame by a col- lision on that gery Rio Grande border be- twee our forces which were sent there to. pro- tect Texas and the Mexican forces near ours The first blows between General Zaobary Tay- lor and General Ampudia, if we mistake not, arose in just such em accidental collision as may occur on the same ground again. i pee such a state of things arise while the ‘are in Mesi6o thé consequences might orice gern Emperor Napoleon. As to Maximilian person- ally and his so-called government, they would bea small obstacle in the difficulty. France and French honor might be involved. Wedo not think Napoleon would go to war with this country under any bat the most aggravating circumstances, because his vast armies would be powerless, and he could not make the least impresstoa upon the United States, even with his navy. The wealth, trade and forces of France would be swallowed up in a most hope- loas war. Such a war would be very unpopu- lar in France, and the Empercr would bring ruin upon himself and his dynasty. He is probably aware of this, No, we have no foar of war with France about Mexico, Still we want no difficulty. In view, therefore, of the peril arising from the necessiry attitude of our government with regard to Mexico, it is to be hoped that Napoleon will not only take away the so-called Emperor Maximilian, but will withdraw the French troops also at on forover, This will seoure and perpetuat ficidship of the United States, In aiy other course there is danger. The Political Complications in Burope—Pras- sin Still Triumphantly Dictating Terms. Peace is by no means assured to Europe by the result of the war between Austri® and Prussia. On the contrary, the sudden leap of Prussia to her present formidable position as one of the great Powers of the Continent has produced new complications even more em- barrnssing and difficult of solution than those which resulted in the wa just terminated, and which may lead to another of greater duration and dimensions, Louis Napoleon seems determined to look after his own interests and persists in his de- cla‘ed purpose of nullifying the cetested treaties of 1845. Previous news reported that he had demanded the possession of several im- portant fortresses on the Rhenish frontier, with the view to the extenson of the French do- mains to that river. These declarations, uttered with great positiveness and much ap- parent trepidation by the London papers, have - called forth from the Emperor a declaration that he docs not intend to demand the Belgium fortresses ‘ot Marienburg and Philtipfille, of which the treaties of 1815 de- privad France; but we are left to suppose, by the language of the despatoh, that the reported claim for the possession of Landau and Sarre- lenis is still pushed. France, for the present, is doubiloss willing to see the two fortresses in possession of Belgium held. by that weak and neutral Power; but is naturally anxious to secure the oihets, since one is held by Prussia herself and the other by Bavaria, whose inde- pendence is mot yet definitely settled. This claim will doubtless be prosecuted, and may yet be granted by Prussia in order to secure uninterrupted possession of her present Rhen- ish frontier. In the meantime, while tho armistice with Austria continues and the Peace Congress at Prague proceeds amicabiy in its work, Prussia persists in carrying out her original project of absorbing such portions of the Germanic Confed- eration as will perfect her torritorial configura- tion, establish her southern boundary and give ber an ample maritime frontier. The intention to absorb Hanover, Hesse Cassel, Nassau and Frankfort-on-the-Main, besides a couple of Bavarian provinces, is pablicly and officially announced. This, if conceded and consented to by the other Powers of Europe, gives Prussia a territory of extent equal to that of Russia, and cven more populous, and far greater than that of eit’ er France or Austria, while the new boundaries of the Elbe, the Rhine and the North Sen give her great addi- tional advantages, The absorption of Hanover having been decided upon, of course the efforts of George V. at Vienna to secure the snecession for hie son in case of his forced abdication are fruitless, and are now right rather than with those who were right and are now wrong.” Upon this principle the call is issued for the soldiers and sailors to assemble and unite in the present struggle for the restoration of the Union. They.are asked to meet in convention for that purpose on tue anniversary of the day when the constitution was adopted. These officers of the army, scting under the belief that our government is egain in peril, sound the alarm and once more appeal to their comrades to come forward. They ask all “who have fought to eave the country and who hold it dearerand more sacred than all party ties, to come to the rescue.” The Con- vention will unquestionably be @ large one, and will show that the Butlers and Bankses do not control the votes of the men who com- posed the great Union army, as the tadicalg would have.us believe, In connection with ' this movement the letter of Genéral Custer to the Dead Duck at Washington, which we pub- lish this morning, 1s of considerable interest. It reveals how the radical press has been misrepresenting the statements of our army officers and defaming those men who have saved the country from ruin. It shows that the only safety for those who wore foremost in the ranks where the battle raged the flercest is to now unite, and with their ballots put down the Northern enemies of the Union as thoroughly as they did the Southern enemies with the bullet. This movement of the soldiers is a timely one and in every way appropriate. For who are better entilled to a voice in the political affairs of our country than the men who saved the life of the nation by their deeds on the battle field? Fenn Movements ano Tem Evvrors 1 Canapa.—We were not surprised to find that the Fenian social gathering in Clinton Forest, in the vicinity of the Canadian frontier, on Tucs- day, assumed no hostile shape. There were, doubtless, men ehongh present to give » good seare to the excited British volunteers, horse, foot and artillery, who, it appears, were wait- ing with in‘ense anxiety for an immediate atiack on the northern side of the Niagara river; but it is evidently the policy of the Fe- nians to keep the Canadians in perpetual hot water until they are weary with turning out their soldiers at every ory of “wolf,” and dis- gusted with the expense which these threatened raids impose upon, their pockets. The cost to the Canadian government of its military move- ments for the past few months must be enor- “mous compared with the limited resourees of the treasury, and as England has decided to leave the colony to protect itself, the brunt must be borne by the Canadian people. There is a rumor in Canada that the home governmeni is about to eend outa few crack regiments of regulars, composed exclusively of Englisi mon and Scotchmen; but this report may be cireu- lated by the advocates of confederation to counterbalance the desire of the mugs of the people for annexation to the United States, which is so rapidly gaining ground. The opin- ion undoubtedly prevails to a great extent in Canada that the surest guarantee of safety and commercial prosperity lies in annexation to this country. That opinion has been greatly strengthened by the movements of the Feaians, and if they continue to keep the British colonists in a state of alarm, it may hasten tho hour when Canada will throw herself into the arms of this republic, When that event is consummated she will bave no more foar of hostile raids, and her volunteers can stay at home and attend to their business. It is said that some of the Fenian leaders aro very busy about politics and the disposition of the Fenian vote ; that they are in dalliance = the radicals, ES, so forth. No deabt that ‘ote is of some importance, and may be worth playing for; but whether ft can bo won, unless upon the undersianding that the object of the organization shall receive aid and encourage- ment from the party that receives it, is another question, Seme such compact may be made, and this would account tor tho eagerness with which the politicians and demagogues are ply- ing their trade ai Fenian gatherings. Governor Oglesby, Speaker Colfax, General Logan and other prominent radicals have made an wimis- fakable bid for the Irish vote in some late speeches; but it is denied that their influence is likely to prevail with the Fenians, How- ever, the threatening movements, mysterious picnica, congresses, xnd all the other opera- tions of this Lody, it cannot be denied, are formidable agents in scaring the Canadians into aconviction that their best policy, in order to get rid of the constant uneasiness fn which they are now living. is to annex themselves to ihe United States, under whose stable govern- ment they can enjoy peace, prosperily aud | Lappiness, Tur Monaury ‘o1108 SvsreM.—The tic royal exiles are doubtless forever deprived | recent developments in the police and detece of control in the affairs of Hanover. The diffcultica with Bavaria have not yet | fixing any gudt upon the eaptain of the dete been setiled, though that Power has consented to the demande ot Prussia, the principal of which is the cession to her of the two most northern provinces of Bavaria, valuable princi- Pally as perfecting Se Southern frontier of the uewly regulated ompire, and including one or | two important fortresses. Sorpners’ Convention at CLsvELANp.-#A large wumber of the promtnent generals in the Union army have issued an address to their tellow soldiers, endorsing the action of the Inte Convention in Philadeiphia and ealling upon all their comrades who approve the platiorm adopted by that Convention to assemble at Cleveland, Ohio, on the 17th day of September. They very appropriately announce in this address that, “after five years of ferce and destructive war, in which our arms were glori- ously triamphant, the Union for which they ‘ought is still practically unrestored.” This is shown to be the work of the party now in power in Congress, which is trying to divert the resulta of the war from their appropriate chanoel and turn the victories of our soldiers to its own personal advancement, against the interests of the country. The address ably reviews the present political eondition of the country, and comes to the conclusion that the only satety is in the overthrow of the revolu- tionary party now holding away in Congress, They tell their fellow soldiers that, if “men who bave taught and practised treason now openly renounce their errors and maintain with ns the principles of our government, we shall not reject their co-operation when the restora- tion of the Union and the preservation of our torm of government ar@ in the issue. We must nrafer to act with those who were wrong and ‘* tive system, while they bave not reauited in tive foree in the particular ease just adjadi- ented by the Police Commissioners, upon the testimouy which they choad to receive, only remind u8 of tho fact that for many yeahs tho grossest corruption bas been prfctised under the cloak of police protection. The acquittal of Unptain Young upon a charge of compliciiy in the recent watch case, reported fn our columns yesterday, on his absence from the city being proved, by no means shows that the whole police system is not rotten. On the contrary, there has been enough already made public, and doubt there is plenty more behind, when the facts are brought oat before an impartlal tribunal, to prove that the police and the thieves are, as a general rale, in concert for the plunder of the public. The fact is that the police aro but imitators of the politicians, of whom they are for the most part appoiniees and ereatures. There is no morality in polities, no restraining influence of principle, From the high to the low all our politicians are directed simply by a passion for plunder, and the police only follow the example gf the Common Council and the city officials. in their bunt after spoils, It is notorious that many pablie functionaries re- ceive pensions out of the Treasury probably to the amount in the aggregate of $100,000 a year, distributed in various sums, for their inflaence in getting certain contracts awarded, Ta the Street Department such instances may be found, and In the new gas contract—the most infamous of all recent municipal legislation — it would no doubt take a pretty heavy sum to cover the appropriations of this kind. Public morality, from the Corporation of New York to the Congress of the United States, is at | @ very low standard. Cortaption permeates NEW ‘YORE! _BGH TORR) SRR AL I TRURSD AT. AUGUBE OR CO THURSDAY, AUGUST 23, 1866. the whole body politic. We once heard street commissioner who admitted could not live as became his value to his party upon the small te ted to him by law. He had to keep» yacht, and a pair of horses, and a es villa, and to spend a goed deal of money fo: but he justified his picking and wt ingenious argument that ifhe took the money he spent it like » gentleman, country; that none of bis expenditures went sbroad, like those of many “ British agents,” as he called them, who bere and spent them in Paris and London. This is the kind of morality which the police and detectives have no doubt adopted as their model, and which, unfortunately, prevails in our entire governmental system, and enables officials re- celying salaries of from une to three thousand @ yeas to live at the rate of twenty or thirty theusen4; How aro we to secure 8 correction of this evil in oyr municipal aystemt We tear not by the Invesilgailons of the Police Com missioners. But the matter is now taken into the courts, as will be seen by the affidavits made before Recorder Hackett yesterday, which we publish in another column. We may therefore expect to see the charges against the detectives fairly tried, where the Police Commissioners have no power to ex- clude damning testimony or to shield official criminals. Tho War in Parnguay—Failure of the Opera- tions of the Allies Against Hiumuaita. The war which has been carried on by the P allied Powers of Brazil, Uruguay and the Argentine Confederation against the Para- guayans, under the Dictator Lopez, and which has heen characterized by most important and sanguinary struggles, promisos on early termination. Lopez, atter successfully invading Uruguay and the Confederation, was forced back, by the superior numbers of the allied Powers, upon his own territory. It appears that before advancing Lopez had chosen and for ified, near the junction of the rivers Para- guay and Parana, which form tho southern boundary-of his territory, a position of great natural strength, and to this he retired on the ,advance of the allies. The rivers Parana and Paragray form. the best and probably the only practical line for advance against the capital of Paraguay, and the defensive position of Lopez fally commands these streams. Forts Humaita and Curupaitt, which effctually command the Paraguay yiver, and beyond which the allied flvet have not yet been able to pass, are protected in the rear from a land approach by immense marshes or lagoons, not uniike but more formidable and difficult than those into which McClellan got his army on the Chickahominy. Into these in‘erminable and stagnant marshes General Mitre somo monihs since marched his large army and has been unable to get any further. Lopez made ® stand at Humaita and Curppsiti and bes several times given battle, the last of which, tought on the 24th of May, was of a very bloody but indecisive character. Meantime the mala- | ria of the marshes has carried off the men and animals of the allied army by thousands, until, as is this morning announced, the operations of tho allies have proved a failure. We are not, however, prepared for the statement also made, that Lopes had surrounded the allies and was shout to deal destruction to them; for it is not at all probable that the Dictator will risk assuming the offensive when delay and disease are ac:omplishing all that he could bope to accomplish by mere energetic efforts. The worst enemy of the allies, however, is in their rear. The people, instead of voluntarily sup- porting the war, are clamoring for peace; ma- téridl and men are refused the allied com- mander; the banka of Rio Janeiro and Buenos. Ayres have bocomo involved and are unablo to relieve the money pressure existing; busl- ness is siagnant, aad the currencf with which the war is being prosecuted by the allies is quoted in Buenos Ayres at twonty-six dollars for one in gold. Tho abandonment of further offensive operations by the allies will doubtless be torced upon them by this state of political and fluancial affuirs and the military situation, and we may 690n hear of the inauguration of negotiations tor peace. by the public in this | Tax Firer Spectat, News Desratca py Tas Caie.—The Trine claims the first special news despatch through the Atlantic cable. Unfortunately for this claim it is upset by the facte as between the Herave and the Tribune. ‘The frst Heeaty special despatch from our agent in London through the eable was the following:— TRRALOFrRGLAT, TeURGiAY, Queev's Horm, Lovnos, July 28, 1868. An armistice of four weeks from yosterday has bere stgntd by Pruesia, Austria, Bavaria, aud the other Ger- tuan Stee, ‘The propositions embrace a lasting pence over the whole Continent of Rurope. Ths despatch, reocived at a late hour of Monday night, was published in the Hzxacp on Tuesday worning, July 31. It was sentround from this office to the Associated Press as soon as possible after its reception, but only ap- peared ia one other journal than oars on ¥ worniag, and that journal was tho qribund. Tie first special despatch through the eablé fo the Tribune wee as tollows:— SPROLAL DESPATOW TO THE SEW YORK TRINENE Loxpos, daly 10, 10d, Teneo was certaln at Berlin on Gatarday, Bistnarck ahd the King return this weet. Proesia carries ail he points, The Nberale support Hiswnarck's foreign policy. Austria's naval vietory ie mach overrated. The Hyde Park riots aad the movemens to form ox- temrive Reform League moctings have .peritied the Derby government, This was published in the 7yihune, Manay and other journals of the association on Wed- nesday, Angust 1, the next dey after the pnbll- cation of our special despatch, This, we think, settles the question. la the next place, it was from the Heraty special telegraph agent in London that the report through the cable of the King of Pras wia’s speech was received here, a bit of news paper enterprise which not only resulted in a terrible financini fatter among our colleagues of the press association, but which bas excited general oxionisbment throughout Barope. We have the Information from the other side that the liberality and enterprise of the Henaty in thie matter had exeited the attention and won- der of journalists, statesmen and newspaper readers wherever the facts had become known, The Tribune has done very woll in being only 8 day or two bebind the Hunato with its epectal deapatches through the eable,and With this, as the facts will carry it no further, it ought to be content. Conanpsaronat, Nowxations.—The issuce which will divide the parties during this cam- paign, have been cloarly made by the events as of the last ten days. Now let the friends of the constitution, the advocates of restoration, the supporter of peace and prosperity, unite together in every Congressional distrio@and bring forward their strongest candidates and enver the contest at once against the revolu- tionary radicals, Szcestary MoCuttocy axp His Financian ‘Vinws.—Mr. McCulloch appears to have been recently in Boston, and while there some of the “solid men” of “the Hub” askedehim to dinner, ig return for which he treated them to a letter explanatory of his financial views, which we publish in another column. By this it is evi- dent that he does not understand the condition of the country, and that his ideas are those of a mere banker, confined within © very narrow range. He utters stale platitudes as though he thought they had the ring of the true metal in them, and that he esteeméd himself exceedingly wise in his generation. He tells us that hefor’ the country oan become really prosperous the specie standard must be resjored, and he far ther enlightens us by saying that “our present prosperity is rather apparent than real,” whatever that may mean, He farther erroneously believes tbat an Inflated and irredeemable currency “diminishes labor,” by which wo suppose he means that it checky industrial pursuits, and, in his estimation, the millennium of trade and commerce will be reached when we return to specie payments. The facts are that the country is more prow perous tHan it would be if the volume of the currency was less, and that the sort of con- traction p licy which Mr. McCulloch would adopt, if he were uncontrolled by legislation, would have exactly the oppésite effect to that which he assnmes it would have. Industey would be checked by a tightening of the money mariys's and the lowering of prices consequent on contraction, and the resources of the eoun- try, instead of being developed the more rapidly, would bo curtailed. Mr. McCuiloch’s opinions are worth as little as those of the bullionists of England, who kept that country in a state of disturbance for many years after the termination of the Napoleonie wars, ond nearly brought on a revolution there. What the country wants is monetary stability, and the fact of the gold preminm being high io no way interferes with the or- dinary fuactions of trade, This stability we are likely to have for at lenst a year or two to come, as an act of Congress provides against the reduction of United States notes in circuia- tion faster than atthe rate of four millious a month after the first six months from the date of the passage of the law have elapsed, during which time only ten millions can be withdrawa. The financial and commercial community cas therefore look forward to a period of prolonged monetary ease, and meanwhile Mr. MoCuiloch may take a few more lessons in pol:tical eee pan with profit to himsclf. Fastssti0 Coxpocr ov Govenxon Was Agam~.—We learn from our Fortress Monroe correspondence that Henry A. Wise has*re- sumed his old réle of political mountebank. Neither the horrors of war nor the desolation of his country can cure him of bis mania for agi- tation and eccentricity. He states that he has not only not obtained a pardon and the restor ation of his property from the President, bat that ho would spurn the offer of a pardon with contempt, As might have been expected from svoh a crasy fire-eater, ke denounced the Phila- delphia Convention too. He anda few each impracticable fanatics of the South, with Thad Stevens and the other nigger-worshipping radi- cals of the North brought on the war,and they were allowed to have their way, we shonld soon have another. Fortunately there are very few men in the South. now so ridiculons aad le as Wise. The peopld of the South have learned wisdom; he never will learn. What fow such: agitators there are can do no harm in that section.” We need not trouble ourselves about thom. The firebrand radicals of the North now claim attention. The Southern destructives and disunionists are effectually put down. It remains for the peo- ple now to put down the same class of mea a8 the North. Mass Merrinos.—The radicals are leaving no stone unturned that will influence the vote of our eitizons in the coming contest. It is time that the conservative intereste—our mer- chants and business mea—were holding mass meotings all over the country. Lot the ball be opened in this metropolis without delay. MEXICO. ‘Thousand Dollars Rained from the Citizens by Ferced Loans ow the Part ef the Lib- me Naw Oneins, August 22, 1808, The Rie Grande Courier of tho 16th and 17th Instamg confirms the expulsion from Matamoros of the Governes of Tamaulipas, General J, M, J. Caravajal, by tbe garri- eon of Matamoros, They appointed Colonel Gerrade Corales, his buccessor, and Sie Pree wien, 46nt Juarce, The sew commandant Sak hdapahas (06 Reet loans, ome om Baturday of $26,000, and another on the ‘Thursday following of $100,000, ‘The Cowrier says that General José de la Garza ie also in Brownsville, following bis superior officer. Cortina is still about Mior and Reynosn, Departure of an Expediilon from Nan Frae- elece to Jolu Jenves—The Port of Onjaca Opes. Baw Francisco, August 22, 1666. Col. D. EK. Hantington, late of the Army of the Poto. mac, left recendy, with Gfty men, to join Juarca in Mexico. Manuel Grullen, the Mexican Imperial Consul, gives notice that Port Angelos, in the Stato of Onjaca, Mexico, 18 Row open to & limited number of vesem bringing for- e140 foods, EWS FROM JAPAN. The New brop ot Ten-A Masonic Lodge at "Yubesemasiasieas of an Italinn Commis sioner te Consummate a Treaty Between Italy aed Japan. st 22, 1800, Fh mrt Yaa, tm Kanon pit, brings 200 fee ee ea aoa ¢ emng ts freely. Friese are the samo an inst bg rey sitk fe stpall, Lodge of Masons bad been established at Yoko. bama accredited with Into a treat Rice at ‘of the Italien frigate Magenta had arrived, ers from Victor Emannol to ew I do bad Tallen in prion News FROM NEW MERICD. Death of ex-Gevernor Connolly- Dis: Rich Gold and Silver Mines 5 on pen EP AP LBB ay) Mitchet! on & visit to the Gilm river iene mon wii! be Acting Govern. wr ck gad ona and stiver mince. 2 have been d scoversa weave ma om Port Siant