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Presideut Johnson’s Position as Reported for the London Times. An American War Ship to Re- ceive Fugitive Cretans. Austria Increasing Ber Army Towards Turkey Russia. ILLNESS OF EARL DERBY. &e. ke, ae. BY THE CABLE TO JANUARY 28. AMERICAN POLITICS. ‘Eaglich Report et President Jeknsen’s Opin- jon of Congress. © Loxpow, Jan. 26—Noon. ‘The Times of this morning contains a long Jeter from ‘Washington in which the writer reports a conversation (hold with Prosident Johnson. The latter spoke very ‘strongly justifying himself in the position he had taken en the subject of reconstruction, and violently assailing ‘ane Congress for (as he expressed it) usurping the Execu- tive and judicial power. THE MEXICAN QUESTION. Maximilian Not a Cai dency. ‘te for the Presi- Panss, Jan. 26, 1867. ‘{Semi-official journals here deny that Maximilian will ‘be a candidate fur the Presidency of Mexico if the Con- grees which he has proposed for that country should de- @lare in favor of a republican form of government. The Ex-Empress’ Heulth. Trisstx, Jan. 28, 1867. It is reported from Miramur that the Empress Char- flotte has completely recovered her aealth. THE EASTERN QUESTION. -& Geeek Mission to America Again Spoken of. Lonpoy, Jan. 28, 1867. &t is reported that the Greek hero Kanaris (Kaskari) fintends to go to America to thank the people of the "Waited States for their sympathy, and to ask the gov- ernment to send a fleet of monitors to the assistance of ‘the Cretans, Austrian Preparntions for War. Lowpos, Jan. 26, 1867. Avctria is strongly increasiag ner military forces on her Turkish and Russian frontiers in apprehension of war, s: An American War Ship to Receive the Fugi- stive Cretans. CoxstastinorLe, Jan. 27, 1867. 4A United States man-of-war has left the Bosphorus to take the Cretan fugitives on board and transport them 0 Greece, ENGLAND. Promier. Lonpow, Jap, 28, 1867. Hines of tho \ gerd Derby Is il. Mr. Gladstone hus returned to England. On his way f@ome he passed through Paris, and had an interview ‘with the Emperor Napoleon. THE RUSSO-AMERICAN TELEGRAPH. ‘The Submarine Cable at Bebring’s Straits. St. Pwrenseurc, Jan. 27, 1867. “Advices received from Bebring’s Straits state that fhe American portion of the Russian and American fTelegraph has been completed, and that the Straits have eon surveyed for the purpose of finding a suitable place @or laying the submagine cable. _ _' The Russian portion of this great enterprise, it 18 ¢x- co nner r FRANCE. The Baggage Searching Nuisance. j2 Panis, Jan. 26, 1867. General Dix, the American Minister, has urged the ‘French government to abolish the odieus system of @earching the baggage of strangers arriving in France. As is understood that the government has made a favor- able reply. The application was made by General Dix in view of the coming International Exposition. SPAIN. Reerganizution of the Army. . Manni, Jan. 26, 1867. ‘Spain is about to reorganize hor army, which 1s tocon- sist of two hundred thousaya mem, excluding the re- perves. THE ROMAN QUESTION. Towards Italy. Fiorencs, Jan. 28, 1567. ‘The Pope is inclined to grant the ecclesiastical do- mands ot Italy with reference to the return and appotnt- ment of bishops, The Pope Inclines GERMANY. Proposed Military Union. Benus, Jan. 26, 1867. The South German States have proposed a military union with the Northern States. SWITZERLAND. Commercial Overtures from Austria. Benne, Jan. 27, 1867. Jmne government of Austria hat made overtures to the dederal authorities with the view to commencing nego- @intions for a comumercial treaty between the two coun- BAVARIA. . Family Alliance with Austria. Mumia, Jan. 28, 1867. King (Prince?) Maximilian is to be married to the mister of Francis Joseph, the Emperor of Austria. HUNGARY. ‘The Cabinet Organized: Pesta, Jan. 26, 1867. ‘A fall Ministry has been formed in Hungary. JANTCNOMOH, |™e American monitor Miantonomoh is now lying in this harbor, and is daily crowded with curious and ad- airing visitors. A SHIP RACE. test of Clippers on the Ocean from Callao to Gibraltar, Loxpow, Jan, 27, 1867, The two clipper ships Lonis Walsh and Charlotte White, which sailed from Callao on a race to Europe, have reached Gibraltar, baving made the voyage in oné hundred and four days. The Louis Walsh won the race by only twenty-five minutes. —— FINANCIAL AND GOMMERCIAL. ad ~ The London Money Market. Loxpow, Jan, 26—Noon. Sin Beis hy on declined 44, the opening rtinols Contras have advanced My and are quoted # nike States five-twenty bonds are unchanged. Seles made at last rates ,i. 6. 72%. St deavanend 5g, and’ choted a1 81 for money, Lowvox, Jan 26—Evening. Gonsols have advapoed 1-16, and cloved at 9] 1-16 for i U n 0 i E t Erics have declined (ae SS ee were ‘| of Bnrope. ‘Timely alterations NEW YORK HERALD, TUESDAY, JANUARY 29, 1867.—TRIPLB SHEET. Caifed State: nve-twenty vonas aave sso advanced 16, closing at 72 13-16. Leneee due: Shed United States five-twenty bonds ave advanced 6-16 ‘The other American securities lurday afternoon’s rates. Loxven, Jan. 28— Evening United States five-twenties closed at 73 1-16, Erie Railway shares dectined 134, and Uinois Central shares have declined 4. The Paris Bourse. Paris, Jan. 26—Evening. At Paris United States bonds have advanced 4, closing bahia Panis, Jan. 28, 1507, United States bonds have advanced ‘ The Frankfort Bourse, Fraxxrort, Jan, 26—Evening. ‘A despatch from Frankfort-on-the-Main quotes bonds beshnene Fraxgyorr, Jan, 28, 1867, United States bonds have advanted 35, The Liverpool! Cotton Market. Livearroot, Jan, 26—Noon. The cotton market opens firm, and prices are un- changed. The sales to-day will probably reach 8,000 bales. Liveepoot, Jan. 26—Evening, ‘The cotton market isfirmer and somewhat more ac- tive. The sales exceed the noon estimate by 2,000 bales, Middling uplands 1444. per Ib. Liverroot, Jan. 28—Noon. The cotton market is firmer and quite active, The The sales to-day will reach 10,000 bales. Prices are un- changed. ‘Liverroot, Jan. 28—Evening. The cotton market closed firm at 14%d. for middling uplands. The sales to-day amounted to 12.000 bales. Liverpool Breadstuffs Market. i Liverroot, Jan. 26—Evening. The market for, breadstufls is generally dull. Mixed ‘Western corn has declined to 42s. a 42s. 6d: per quarter. VERPOOL, Jan. 28—Even! The breadstutts ‘oukatls ee wv Liverpool Produce Market. Jan. 28—Er Refined Pennsylvania pone sold our aint, Turpentine is quoted at 38. MARINE INTELLIGENCE. Liverroot, Jan. 26—Evening. The steamship Bosphorus, Captain Alexander, which sailed trom Philadelphia on December 28, and for whose saféty some fears bave been entertained, has arrived in Bantry bay, on the southwest coast of Ireland. Liverroot, Jan. 23—Noon. The Cunard steamship China, which left Boston on the 16tb, arrived here this evening. She did not touch at Queenstown as usual, ‘The steamship Hibernian, from Portland anuary 12, arrived here late last night, are uuchanged at Loxpos, Jan. 28, 1867. The steamship Great Eastern will sail for America on the 20th of March. Liverroot, Jan, 28—Evening, The steamship Pennsylvania, Captain Lewis, which left New York on the 12th inst,, has arrived at this port. AUSTRIA AND HUNGARY. The New Hungarian Address tothe Austrian Emperor. Pesta, Jan. 12, 1867. At to-day’s meeting of the Lower House of the Hun- garian Det, M. Deak brought in the draft of his new address which was read to the House, It is as fol- lows:— Inrrriat, Rovat ann Apostonie Masesty—When, in our recently submitted address, we again aud repeatedly besought your Majesty to doign to restore, in its full integrity, that solemn scate treaty which forms the basis of our mutual relations of right, viz., the viviated pragmatic sanction, and the constitution thereim guaran- but suspended by absolute power; wh we explained that, so long as we stand ontside the constitu. tion we aro ‘not justified in taking any decisive step for bringing about the desired reconciliatton we were with right able to expect, and did cunfidently hope, that tne thoroughness of our motives would be appreciated and cur request would be speedily fulfilied. But apprehension and doubt take the place of hope. ‘When we see that in the.domain of legislation, as -well ag in that-ot the Executive, absolute power c ntinually res of uur most snered intercats, as now recent shown by doubled of Hungary, accordir tlement of her defensive system ery. can on-y be carried out with the assent of the Diet-isas old us the constitution of lion andi nearing inve prac. guarant this diplomas, the pragmatic sanction aud tice of our constitutional life equally When, in 1715, the standing army was introduced as wand indienne. mew girited roy era system, it was the Legisiature ‘country that ag- ranged it for Hungary. Every change, however slight, that has since been introduced among us into the daten- sive system bas been deterwined by the Diet. This richt isa vital condition of the constitution, and generally of ail Constitutionalism, which the country can never give up. Tho imperial with respect tu the defensive systema, recent: ay & mew positive denial§ of this indisputable ry 5 we who eee it our most duty repeatedly to urgq that suspen jution ‘bo frst of all fully restored abould sia je fatherland which has eatrasted to us the defencs of it sta, we should err also titled to expect ‘time when, in- accord- ance with * Majesty's pr we ‘our con- stitution would be ape fa ey, vand that constitution would i into-your sy otber dominions. It wes not issued as the proposal of a responsible easprre me ding foe, of om nds uy ion by the respective coun’ , [~y! and extending in its consequences to the future. ‘he otyect. of this decree is the noblest and hardest tribute slizens owo to the State—the blood and the lives of the sons of the country. Its stipulations 6 rke deeply ut) wwe most sacred telations of family life, and affect Ua: most :mportant moral and material in terests of the land. Not only is it required by that firat and highest consideration which must never right iny rémain unregarded—tbe clear sense of the funda. mental laws of our constitution—but also fairness and advisability demand that the wit! of the country shoud co-operate in the settlement of simi'ar arrangemvnts, ond that without this and previous to its logal exrr-ssien they should not be p.t into actual execution. It 1# not only the numbers and the valor of the army that give permanent aecurity to the “tate even amidst the most serious dangers Were the defensive system to re- main as it is, the strength and chduring determina: tion of the ‘army. would be mainly elevated when backed up by the enthusiastic wil of the peopic. But we can only securely reckon apon this enthusiastic the system under which tte citizen is bound to Th’ It ly be ate ‘ied bent sah meine result can only be atta’ jn. le, unin. jured in ite richts and most s fi teredte, Gosivinced of the adv'rability of tho system And perceiving the ue- bro accedes it our * cossity of the sacrifices to be ty through, te the system. citizen of the justice already: rightiuily de- Upon, ae ifeven el ee ar ihe Saliieaaat of Sot royal promiso, and in » matt porsuce, appertaining to all notions. of the constitutionalisin to the way of legislation—if even their imperial dgcrees jaro emitted without ab-olutist power as ws, md if, without the country being able previogiy to weigh the reason, tho necessity, the advisability, ex- tent of these decrees, and express. its ion. regarding them in the constit he ea? imme- diate positive executron is also ; then it is impos- sible that the contidence begii again disappear. Knthustasin fe to awake should not b decrees can never arise; nay, it is not even to be that the people should remain quiet, for the di of the constitu. tion displayed in these ordi Of itself calculated to call forth bitterness in ofranquill ity and enthu- siasm. If the gently requires measures, whict modification of the defensive syatem, this presentss new and weighty rea- oring our suspendede ey a Hungary standi: without the constitution would § but a weak support the throne. The Diet cau only gercise the loxisiative Fight of the nation upon the bds of the constitution; outside the constitution it i authorized to do 0, por can it undertake burd ye country whose rights are suspended, So loag@the fandamental con- dition of the Pragmatic sancti ich guarantees the independence, the rights, andthe constitution of oar fatherland, 1s actually inop ndal com; We know that it cannot take up any = OE: the formerly existing mili p has undergone, time to time, material chanuegpm ail the nations the political organi zgtion of the countries, the fadual development of e science of war, have cdpelied all States to modify their military system ® accordance with the demands of the general sitiJon, because its own security would otherwise been jeopardized. Hungary hae not been back’ in this res) and has at ail times voluntarily, of own free will, made changes corresponding to thei®q Bat these changes have alwaygaken place through the Diet, The country will also @ ready in futnre so to shape ite military system as be juired by neces- sity and advisabiliiy, by the fuation of the land, its constitutional position, ite |, economic and poli- tical relations; but it cannot @sider ordinances justifi- able, whenever ir¢ emitted with this obyect without the direct assent of the Di ‘Wo, therefore, beg ity, with the a ctl, most ly to take into con- sideration that it is ty to maintain {nvio~ late the rights of the coufy solemhly guaranteed by the Pragmatic Sancti and that wo must not neglect thar duty, Wi your Majesty not to it of agreeme: rendered impossible the fundamental prin- quest your Majesty to and all measures: nay, even. violation of and we implore your restore that consti. the work this and similar attack: iples of our constitution. withdraw this recently tae: generally put forward in evs Our constitution by absolate Majesty positively and com tution at the earliest p ty | decree bearing upon tho ene That or ‘ . THE OCEAN "YACHT ‘RAC®. Correspondence Between Mr. James Gordon Bennett, Jr., aud Prince Alfred. Lowvow, Jan. 28, 1867. The following correspoudence between Mr James Gor- don Bennett, Jr., and his Royal Highness Prince Aifred bas been permitted to be published, as the seutiments ex pressed in his Royal Highness’ letter are of ao interest ing character and intended to show the feeling of Eng- land towards the United States:— . MR. BENNETT TO HIS ROYAL HIGUNESS. Orv Cowns, Dec, 31, 1866. Your Roya. Hicuness—At Lord Lennox’s dinner, on Friday last, you were pleased to match your yacht, the Viking, to sail the Henrietta, around the Isle of Wight noxt August for a cup worth one hundred pounds. I could not say so then because I was bound to make the match proposed; but, in fact, this arrangoment will somewhat interfere with the disposition which I had determined to make of my yacht in ¢ase she should win the ocean race, I beg that you will accept as a New Year’s gift to an English yacht- man from an American yacbtman the Henrietta as she now hes in perfect order off Cowes; and I have instruct- ed Captain Samuels to hold her subject to your orders. Tne unbounded hospitality with which the American yachtmen have been received by all classes in England will always be remembered in the United States with the warmest gratitude, and I sincerely hope that you will not-deprive mo, of the opportunity of acknowledg- ing this most cordial reception by presenting the ning yacht to the representative of English yachtmen. I bave the honor to remain, very respectfully, yours, J. G. BENNETT, Jr. PRINCE ALFRED'S REPLY. Crarexce House, Jan. 22, 1867. Dear Mr, Bexxerr—! find it difficult to express how gratefully I appreciate the kindly feeling which dictated your letter of the 3ist ult., as well as tho splendid pres- ent whch you offer to my acceptance, but most of all the delicacy with which youseek to diminish the per- sonal obligation under which you would lay me by giving to your generous offer an international character. It is, indeed, this last. consideration only which has led me to hesitate in replying to your letter; for personally it would have been impossible for me to accept 60 costly & presest, But I felt bound fully to consider the question in the light in which you were good enough to place it; and if, on full consideration I feel compelled to decline your generous offer, I trust that neither you nor your gallant compe- titorr, nor your countrymen at large, will believe that the yachtmen of Englaud less appreciate or less recipro- cate the feeling of good fellowship which prompted the offer. The Henrietta is a vessel which any man may be Proud to possess, and I trust she may long continue in the hands in which she has accomplished so tri- umpbant a success. We must do our best to find a rival to her; and, in common with all Englishmon, I sincerely hope that such friendly rivalry may be the only description of contest in which our ro- spective countries may ever be engaged. It has given us great pleasure to offer a cordial recep- tion to you and your companions in England, and I fect assured that if my professional duties in command of one of her Majesty's ships should ever take me to your shores I should there meet on the part of my brother seamen with a reception not less hearty than that which ‘we have been bappy to afford you here, Believe me yours, sincerely, tALFRED. AMUSEMENTS. The Broadway Theatre. Last evening the Worrell Sisters appeared at this house in two burlesques, entitled respectively Aladdin and Cinderella, The house was crowded in every part, and the rollicking style of these favorite actresses re- ceived die appreciation at the hands of the audience, (le aad Jennie severally d ebaracters, His “make up’? was most artistic and bis by-play oxtremsly Indicrous. The same bill will be pre- sented this evening. ‘The commencement of the last week of the Richings English ‘Opera troupe at the Olympic theatre showed no diminution in the atvendance er the hearty support given it by the public, ‘The opera was Balfo's Rose of Castile, a work Which we criticised at length last sum- mer. With bli its extravagances and puerilities there comic are real. al im. thelr troupe who deserves mention i Edward ‘geems to have inherited the abilities of his father to a considerable extent, and his acting would do credit to any stage. The Brooklyn Academy of Music was last evening crowded to its utmost capacity. The ie of the niath Monday popular concert embraced, however, none but familiar morcoaux, and well known though favor ite ariists, Tho orchstral portion of the entertainment was ceriainly the most satistactory, and the spirited ing of the overture to Nicolai’s Merry Wi: hrasing and shading of Lumbye’s fantasi im, the excallent ex cution of the selections from L) Africaine, and of the Madeline Waitz, were deservedly appreciated. Mr. 8. B, Mills was the’ pianist, and per- formed with less eflect than usual. Carl Rosaplayed two soli on the violin. Kelly & Leon’s Minstrels. If any person is afllicted with the blaes we could not recommend a better specific than a visit to Keliy & Loon's while the Madagascar ballet troupe are there, Keilifanti pirouetting on the bottom of a waterpail, and posing himselt @ la premisre danseuse; Seymour alli stretching forth a Ig and foot of untold dimensions while forming a part of some fairy tableau; Leon ex ting a ¢olo on lis toes, aud the dusky coryphees, th fist and demon dances, red fire, grotto of Sialacta, and others too numerous to mention, as they say in the Dill, nightly attract Swale hotisos, Tho spectacular ‘Ddurlesque of Cipder.Leon is ono of the best things of the ktnd we have secu at any minsirel ball. > —_—_— San Franelsca Minstrels. . The crowed houses, repeated encores and hearty rounds: of laugliter and applause which nightly greet this ¢roupe in their vartotts comicslities and speciuities speak louder than words for their popularity. Last night was no exception to the general rule, and the audience received the beautiful sizing of Wambold and Templeton, the irresistible droileries of Birch and Backus, the violin and banjo pla} og, of Donniker and Brimmer and the very fine pedal ¢ 's of Fields and Cooper witb repeated and uproarious evidences of appre- ciation and delight. Grimia and Christy's Minstrels. Under new management mattors have assumed a prosperous turn at the Fifth Avenue Opera House. New stars, with their discs veiled beneath ‘cork obscuras,"” but with their brilliancy unimpaired by the dark cover- ings, have been added to the already large troupe of favorites that nightly aikeoe @ fashionable andiences that this establt ent. The Happiest Couple Out still bolt forth here, and the Naughty, Naughty Girls fails not to set the audience io a perfect roar. The Mount te san and the Medi Student are lis for —— week, and Sig. Chrissino the grand The-o-door Tom-a-toes concert in table flourishing style. The Popkinses. ‘This was the title of a lecture which was delivered Jast evoning in Clinton Hall by Mr. Ingorsol! Lockwood. It was a history of the daily doings, sayings, flirtations and various peculiarities of Mr. Popkine, a native of ‘Massachusetts, originally a tanner, but now a retired leather merchant; Mrs. Popkins, a lady of Spanish ex- traction and aristocratic tastes, and their family of three children, two daughters, Misses Evangeline and Theodora Popkins, and one sop, Mr. Antonio Francisco Popkins, who are at it residing ina six story brown stone avenue. The lecture contains some good hits at the manners and custows of the upper ten, but it is almost too minute in its details to maintain tho in- terest of an audience, The not large, ‘was very THREATENED INUNDATION OF THE TOWN OF HELENA. Sr. Lovis, Jan 28, 1867. Late Hel Ark., ‘say that the MM! mado ei upon the litmits of that town on , the 19th inst, The bank site tbe slid into the river, taking with a number of the business houses lo- cated in that vi ity will have to be vacated at an early . 5 ~<. SUICIDE MANIA IN NEW HAVER, Naw Haven, Jan, 28, 1867. Yesterday a woman by the name of Mra. Lottie Martin committed suicide at a saloon in Uni by 4OWATHAN OLDBUCK'S WORDS OF SOBERNESS TO THE MEM- BERS OF CONGRESS. TO THE EDITOR OF THE HERALD The Secretary of the Treasury proposes to bring about specie payments by contracting the currency. You will remember that since gold was selling for $2 80 the Sec- rotary bas more than doubled on currency; and in the face of his making currency so rapidly the price of gold has gradually fallen to 185, or more than fifty per cent. Will the Secretary tell us how he can bring down gold to par by contraction, when it falis so rapidly by expan- sion? ‘This is a plain, practical question that demands @ clear and mathematical answer. If expansion brings down gold fifty per cent how much will contraction bring itdown? Will the Trabune, the New York Times or Ez- press answer this question for the Secretary ? The Secretary and Commissioner Wells say “gold and silver are a standard of value.” 1s this true? Does Rot every trader know that supply and demand is the standard of value in market overt? If there are more cattle in the market than there are purchasers, does not the Butcher know that the price of beef must fall? and so of every article that is a subject of purchase and sale among traders. When an article must be sold it is worth to the seller what it will bring. If a farmer wants acow amd cannot swap away a steer or a horse for the cow, then be must sell his steer or horse and buy cow, Here the use of money is manifested. It is no “standard of value,” but a convenient means to assist in the exchange of property. But, says the Secretary, ‘‘we have an irredeemable paper curaency.”’ Is this true? We have nothing in circulation but money. Is money redeemable? Why, at ig the redeemer of all pecuniary. obligations, and 1s not a subject for special redemption, But our legal tender, being money by act of Congress, is redeemed in the way "intended every hour in the day. My creditor is bound to take it from me in pa)ment of my debt, and he thus redeems it from me; and 80, in all business transactions, each buyer and seiler is constantiy redeem- img our legal tender, It is because Congress has coined paper, as it coins gold, and fixed its value, that itis money. Gold is made money by Congress, and so is paper. If.Congress shali declare any other thing money, and “fix its value," it will be money. The Secretary*does not speak truly when he says our legal tender is an ‘‘irredeemable currency.” It is neither pract cally nor theoretically true, The Secretary says ‘‘there is too much money in the country.’’ Is this true? When money is abundant it is very cheap; when scarce it is very dear, This is the only standard, any man complain of having too much? If he bas an excess there are plenty of men who will give Lm good productive property for it. Money Pays no interest; therefore no one will hold it unless be can make more than seven per cent out of its use. Make money scarce and it will be high, This will benefit the money lender, who is a non-producer, Make money plenty and you benefit the money borrower, who is the industrious producer. Who, then, will complain of an easy money market but the non-producing money lender? Is itthe money lender that the Secretary fa- vors The Secretary says that ‘great evils have been pro- duced by the high prices which foreign exchange has brought upon our country.” Is this true? When the late war commenced the Western Siates were indebted to New York more than fifty million that was not coliectable—sincé 1867, Railroad stocks and bonds were incenvertible and of no value to the holders, amounting to more than five hundred millions. The prices of all Western products were so low that but little could be brought to market. As soon as prices advanced so as to pay a profit to our farmers the railroads and canals wete” overrun with freightand travel. The roads were enabled to pay off their debts and mako dividends, which'(gate.e cith value to ait ‘their-bonds and stocks, while the proceeds of the produce enabled the merchants of the West to pay their indabred- mess to New York, and thése ‘ments and this in- ‘creased value: to railroad ‘enabled, our mer- “chaiuts to etand up under {great losses at the South and subscribe largely to‘ the -loans of ‘goverament, If these great benoflis, besides making our farmers rich, are part of the. evils which the Secretary sees in high prices, it is very apparent that the great West will not agree with him, ~The Secretary eays that our new coined money which ‘We call legal tender bas advanced prices, Is this true? ‘What raised the price of flour, pork, &c., in the West when the war commenced? Wag it mot the demand for government use? Did currengg put up the price? Did not the increased d¢mand enable the farmers of the gtem West to get, high prices for their produce through gurwer? Docs the Secretary During thé war and since we have imported more than ‘we exported, énd thus we ran up a debt in Europe, and ‘great dematd sprang up in our sea ports for all ex- portable articles. So that the balance or price of ex- change rose so high that our exporters were able to pay $16 for a barrel of flour in New York and send it to Liverpool and sell it there for $7, and make money by the transaction, adding the present rate of exchange. ‘Thus the rate of exchange on Europe has governed the prices of all exportable articles, and has thus kept up the prices which now rule in our markets, Vv hen exchange shall be at pat (which js 109), the shipper will not be able to pay mére than §6 for flour that he selis in L'ver- pool {or $7. Therefore with the deeline in the price of exchange will be a decline in the price of all kinds of produce that/is now being exported. Is this true? Every merchant who gives bis check to pay for a bill on Europe knows tbat the prices of all exportabte articles, including gold, rise and fall with the price of exchan, Since our government coined paper and tixed its value we have not used gold for banking or mercantile purposes. It has been given ap to commerce and now ranks among our exportable products, It is produced by our laboring population at the rate of nearly eighty. mi - lions per annum. More than sixty millions of this gold has been sent the last year to Europe with our cotion, flour, grain, pork, beef, &c., and when these articles are shipped the merchant draws his bills of ex change against the products, and selis his bills to the importer, who rémits to pay for his purchases. Thos gold has no more control over prices here than any other article exported has, because the importer will pay for a bill of exchanges drawn by a responsible banker, the same price whether the bill is made by a shipment of cotton, pork, flour, &c., or gold, When, therefore, the importing merchant shall decrease his purchases of bills of exchange by ceasing to ‘mportqund exchange shail exceed the demand, then it will drop down to par; then the balance of trade will turn in our favor and bring back gold; thon the current from our mines will mect the retarn current from Europe, and our Sub-Treasury and banks will be surfeited with it. When this time arrives, which is now close upon us, who bat the Secre- tary would prefer the ponderous gold to our convenient fogal under. JONATHAN OLDBUCK, No. 84 Wall street. REPORTED ATTACK OF UNITED STATES TROOPS BY INDIAN’ New Ontrane, Jan. 28, 1967. reported that the United States troops stationed Texas, had been attacked by the Indians It Is near Jackson, and forty of thom killed. THE CHEVENNE INDIANS PEACEABLY DISPOSED. Torexa, Kansas, Jan. 28, 1867. Colonel Wynkoop, the agent for the Cheyenne In- quarters, LYNCH LAW IN MONTANA. Sr. Mo., Jan. 28, 1867. Advices from Montana state that the desperadoes in that Territory have again become so bold as to call out from the old company of ‘‘Reguiators’’ a notice that the reorganization of 1@ company has become necessary, fond that hereafter all oflendera will be summarily doalt with, MURDER BY A NEGRO, Meurni, Tonn., Jan. 28, 1867. Frank serahiy, pcciiees of Choisea, was murdered yesterday by a egro, who is now in jail. NAVIGATION SUSPENDED AT NEW ORLEANS. New Onieans, Jan Ly oes is wholl dh id th of underdriters have withdrawn ‘al lovaraace ¢2 vessela, DEATH OF PROMINENT SOUTHERNERS. — ~ Bartneons, Jan. 28, 1867. John ‘ bee oldest. be on 2 whiney, bow this morning, In the seventy. year 18 rs Robb celebrated his golden wedding only ry ‘tow weeks herp 2% F 1967, Sear ma om ana ea prosperity and wish 19 check ify’ damage to his stock will be principally by water—avout CITY INTELLIGENCE. ces? Davartagnt,—An article having sppeared te one of the loval newspapers stating that Stree: Cympis- sioner Mclean had resigned his position and accepled the office of Special Agent of Internal Revenue, tuquiries have been made at the Street Department, where it has been authoritatively stated that the above is incorrect, Mr. McLean baving long sinoe announced bis determina- tion to occupy the position which he has been appoiuted to by the Mayor and the Board of Aldermen. There is nothing of apy importance transpiring in the Street Department at present, owing to the fact that at this Season of the year there are no contracts or jobs awarded for any street improvements, such as ing, grading, curbing or paving streets or building ers, the state of the weather not admitting of any such wort and it bas been reported that no such comtracis given out until the adjourn: of the state Legislature, which will occur on oe pty in May. Reoresina oy Tux New York Ixstirvni0n FOR THE Dxar ano Doms.—This institution, which is situated at Washington Heights, has beon closed since the middle of last November, in consequence of the rapid spread of typboid fever among the mmates. The Board of Directors therefore gave the pupils a recess, which they spent at their own homes; and in the interval, under the direction of the Board of Health, measures have been sew- taken to ent outbreak of infectious diseases in future @ institution is to be reopened on Thursday mex! New Steamsmp Live To BREMEN.—Acoording to ad- vertisements already published the steamships Baltic and Atlantic will resume their trips to Europe in Febru- ary next, The new xgime announces itself as the “New York and Bremen Steamship Company.” Success is as- sured @s far as means aro concerned. The criginal founders of this line, the members of the American Lloyd, who last year, by the breaking out of the war between Prussia and Austria, were 80 ly stopped in their most reasonable enterprise, are to be congratulated that some prospect fs now opened for the resumption of regular trips to Europe, Youno Mrs’s Curistian AsaociaTion.—At a meeting of the Young Men's Christian Association last evening, which is held monthly at their rooms in Fifth avenue, a0 essay upon the subject of “ Christianized Ambition’’ ‘was read by one of the members of the association, Kliha Root, to an appreciative audience. In treating his sub- ject the speaker enid that few ersors have been more ones to Christianity than the indefinite application of biblical principles which go often takes the form “cant.” Personal ambition has become more and more the chief motive of action, Many indulge in vague ont- cries against worldly desires and pleasures and accustom themselves to such expressions without thinking whether tuey are wrong or not, Is the merchant hei. | who is prompted to buy and sell, not by the ends of Chris- tinnity, but the profits of his transactions? The v juterests of his ambition should teach the Christian virtues and to adopt higher aims, while natural ambi- tion is dissatisfied at its success and repeats the old cry, “More worlds to conquer.” Christian ambition finds its. best contentment in its use. Tas Mopen Wire was the title of a lecture delivered last evening by Rev. A. A. Willetts before a large audience in the Twenty-fifth street Presbyterian church. He spoke of the wife’s silent influence on human life, which in these days of noise and confusion and hurry is too much overlooked. The thriftiness, domestic care, trust- worthiness, sympathy, benevolence and compassion, to- gethor with the jewelled cetting of the whole picture; wisdom, kindness and management of tougue and tem- per, all prominent traits imthe tree woman, were set forth with perspicuity and much fecling. He conciuded by speaking of the sphere of woman’s activity, her home, and of her children, in the beauty of whose lives the result of her intinence was to be seen, ‘Tits Geran Socrery,—The annual ness meeting of the German Immigration Society was eid at Lieder- kranz Hall, in Fourth street, last r’sht. Mr. Bissinger, the President 0; the Beard of Directors, .ccupled the chajr. The annua! report was submitted, an abstract of which has been previou.y published in the Herawp, 4 resolution was passed to the effect that the funds of the society shall be used solely for the relief of neody,Ger- mans coming. toour shores, The following goutlemen were elécted a3 new menibers of the Bogrd of Direc. tenet me Blesinger, rs me bom Kan. t ‘astermann, H. Ackermi ndolph Pagen- glooder and ¥, Malighoa. Six at thefald board rosa in office, “De. Heobdan’s Invostedre “Lucrones—A most in« stractivé and comprehenctve lecture, the first of a series, on the ‘Threefuld Culture ef Man,’ was,. delivered. ‘at Cooper Institute, Inst evening, by Dr. Hebbard, the celebrated health orator. ‘The topic chozen as the subject of discourse was Digestion,” and comprised an. elaborate statement .of toe comparative nuiriiive alities of the Various articles of diet, with hints for the ulation of the system by means of a carétully fel judicious regimen of food, illustrated by numerous manakins, charts and models, including am appeal for a “reform in the kitcheu."’ ‘Tre Xavier ALUMNI AssoctaTio’.—The Xavier Alumnt Association held a meeting last evening in the hall of St. Francis Xavier's College, on Sixteenth street, be- tween Fifth and Sixth avenues. Tho andience, which prime and highly réspectablé, was i ‘ned with the ve ST interesting pavor.ca Niza. pesoy Ov B. H. Kenng ae and soother Ore bat ard, Pa, Dp. whic] ae : a Progress op rae Lapms’ Soutmeny Rewer Associa —The Treaserer of the New York Ladies’ Southorn lief Association reports having received up. to dato the ‘sum: of $5,308. to » reliet for the suffenng rouien and children of the South. ba Waere 18 James Stararxs?—The anxious query as to the name of the individual who struck Billy Patterson mever gave rise to more acrimouiovs debate than does the inquiry as to the present whereabouts of the C, 0. 1. R. Like the Irishman’s lively flea or the thimble- rigger’s “little joker”? the Head Centre of Fenianism is nevor where he is supposed to be. On Saturday it was covlidently asverted that he had sailed for Kurope in the mer Ville de Paris, on Sunday an affidavit was put ia circulation that he wa® still in Brooklyn, and again yes terday the assertion that he bad actually left for Europe on Saturday was repeated more coutidently than ever. There the matter rests at present, to the great disgust of Fenian bondholders, Tur Fras ix Wasmixetox Srrret.—The statement that the cotton warehouse Nov. 366 aud 363 Washington e-reet, in which a fire occurred on Friday night last, was insured in the Washington Insurance Company for $44,000 is incorrect, The insurance in that office onty Amounts lo $22,600, of which amount $15,000 was re- neured im other offices. A Tacarriat Crimic is Bap Comraxy.—Among the Jarge pomber of persons found by the police in the Oriental Concert Saloon at ab carly hour on Sunday morning was the theatrical critic of a Sunday news- paper. Kousrey or Usiisn States Boxps—Las: evening in- ‘ormation was lodged at Police Headquarters of another bond robbery in Mur.ay street. The amount; it is end, will reach owe $2, most of which was in five- twenties. : Drowxev.—A man named Sweeney, while crossing ‘a plank from pier No. 21 East river, yesterday aftyracon to We schooner Wilddvur, fel! overboard and was drowned. His body was recovered and she Coroner notitied. Access, &e,—Simon Bloom, a butcher, while lead- ing an intur‘ated cow through Twonty-eighth straet yes- torday, was dreadfully gored by the same and received sovere budily injuries, James Brennan, a8 optician, residing at 36 Cherry I place yesterday and street, fei! down in City laborer, residing at Mount Vernon, cated bis hip. Navid Jordan, a slipped and ‘ell upon the ice, fracturing his arm. FIRES IN NEW YORK. Finn ey Broapway,—About four o'clock yesterday af- tornoon a fire broke out on the fouxth floor of No. 758 Brosdway. F, Berly, importer of millinery goods and velvets, occupied the second, third and fourth floors, The 2,000—fully insured. ‘The first floor ix occupied by Gordan & Martin, music deaiers; stock slightly dam- aged; imsured for $38,000 in city companier, ‘Tho build- ing isowned by Solomon Kobnétamm. It is damaged avout $500, and is meured. « Fine ix Nassau Stauet.—At half-past seven o'clock las evening a fire occurred in the liquor saloon of David G. McKelvy, basement of No. 65 Nassau streat The alarm soon brought the firemen to the premises, and the fire was pat out before it spread much beyond its place of origin. The damage done to the stock and fix. tures may estinated at about $500. Insured for $1,500 in the North American Insurance Company. It ecerns that the barkeeper was the last person Jeaving, and bad not been away over eight or ten minutes when the fire wax discovered. Fine mm Waker Srreet.—Shortly after ten o'clock last night a fire occurred in the iron foundry of J. B. & W. W. Cornell, No, 107 Walker street—a hole was burnt in the floor near to the stove, : su to have been caused by the stove, The damage done amounts to about $100—insured, IssuRaNors At tHe Aunaxy Street Fiae.—The follow. ing is‘an acconnt of the losses and insurances at the fire in Albany street, which took place at & late bour on Saturday evening :—No, 17 was occupied by James H, Doty as cotton warehouse, and war owned by Mr. Poter and insured in the Niagara Insurance Company '$10,000; the building is almost » total wreck. Mr, Doty’s joss |e about $600 on fixtures and a small amount Of cotton, Ho had no insurance. The building Nos. 16 and 19 wore damaged Loth by, fire and water, building ‘at the in the eh ij lial ij stl: q a ge + ae ‘ hatea ‘The cotton war valued at about $180,000, and the loss is estimated at about one-half, RR Graves & Co. were insured as follows:—Western Insurance Com- pany of Bufalo, $1,000; Commercial, of Albany, $5.00; Ciuizens’, of Hartford, £5,000 Merchants’, 55,000; At Jantic, $5,000; Home, 0 York, $18,000; beg md City, 000; Tradesman's, $5,500; Amercan, New Tork, $25,000, Arctic, $700, The following companies also bed risks on the property:—Manhattam, 11,000; Commonwealth, $4,500; Commercial Mutual, $6,000. wa 1g about $100,000 more insurance divided amoug the t companies and agencies in the city. KANSAS. QUA LEAVENWORTH CORRESPONDENCE. m tor United States Sonatora— idates Elect—A Thi ah Radical &e. Leavanworts, Jan. 23, 1867. After along and bitter struggle the radical elomens has succeeded in electing two United States Senators from this State. As announced by telegraph, Hon. 8. 0. Pomeroy and Hon. E.G. Ross have been duly chosen. ‘The former is we'l known to the public. The latter waa appointed by Governor Crawford to fill the vacancy occasioned by the death of Senator Lane until the meet- ing of the Legislature, Ex-Governor Carney was the principal candidate on the conservative republican side. It was asserted by his friends and partially conceded by his opponents that he would certainly be elected for the short term; but the reauit shows that there is nothing certain under the sun. Senator Pomeroy was backed by the owners of the Atchison and Pike’s Peak Railroad, an@ by some of the heaviest capitalists of Boston, to say nothing of the influence of Thad Stevens, Senator Wade and several other prominent men, who sent Congrosxmam Clarke here from Washington to influence the Legisie- ture in favor of Mr, Fomerer. Mr. Clarke made stater ments to this effect in a p speech at Topeka ou hip arrival there. The election of Mr. Ross is generally considered an ao- cident, He isa man of fair ability, and e clean record. This latter item may be considered some- thing for » Kansas politician, Ex-Governor Carney is possessed of immense wealth, acquired in bis business as merchant. Strong influences worked in his favor, but without avail. The secret of. his defeat was simply bis lack of “radicalism.” The world over Kansas politicians are consi in political matters, Still, Kansas people are proud of their radicalism and repreeentatives, This election will have a depressing effect upon Pregl- dent Johnson, whe is said to have taken considerable interest in the matter. It is stated by persons who pro- fess to know that both Senators Ross and Pomeroy favor the impeachment of the President and will use their abil- ities to accomplish that end, Accounts from the Plains state that large bands of Im- dians are on the “war path” and will soon be heard from at some partially protected point, Troops are being or- dered West as rapidly as possible, and it is re} thal Genera! Augur nas been ordered to a command ia thie department New Moxico dates state that a Colonel Means was hung by the citizons of Fernandez de Taos on the aight of the 3d inst. The Colone? had been drinking consider- ably for several days and was in the habit of cutting ab everybody who came within his reach. He was finally arrested and lodgod in the Court House, ‘rom whonce he was taken and hung in an adjoining room, Mrxems; A special despatch to the Avalanchefrom litte Rook to-day says # call signed by the citizens of Arkonses thronghout the Siate who served in the federat army, has been made for a convention at Van Buren to protesb against the overthrow of the present State government LOUISIANA LEGISLATURE. Nuw Origans, Jau, 29, 1967. ‘The Lozsiature met thie morning.. The message of the Governor was read and ordered to be printed. & cominittce of seven was appointed by the House to re- vise the State constitution. THE COTTON TAX. - * hse M Tenn, Jan. 28, 1867, ‘The committed chiheuatell-Dg: coe aaa “of-- Com: merce tx lem the coustitationality of the cotten, tea reported against testing it, owing to the apathy of mer- chants and -jilunters, CHILD BURNED TO DEATH WM A PUBLIC scHODC. Shrixorien, Mass,, Jt Melissa C. Donovan, a litte girl eight FIRE AT ST. PAUL. ‘Sr. Pact, Jan. 28, 186T. - ‘The Episcopalian church, at the corner of Fourth and Frankhn streets, was partially consumed by fire yeater- day morning. The loss is about $5,000; fuily covered by ipsuronce. FIRE IN BOSTON. ‘ Bostox, Jan, 28, 196%. A tenement house In Esst Boston, occupied by four contihes, was burned early this morning. 64,500; murder by Indians of & meee turned to the settlement and as having been discovered by ‘The Salt report rettdeposite of #08 them. Tar Tora Vauvatioy or Prorerry SN rk yee my waldation for Reuhssalset county (including Troy) te as follows:—Real estate, $20,217,603; > $6,671,917. Total, $26,880,520. The taxes on the on~ ure county for State and county purposes f $531,028; heing less than two per cent of the assersment. The sity of Troy pays additionally a city tax of $260 7 ana ree tip 10 $612,685 Sabon it. te, bringin; MAILS FOR EUROPE. The Cunard mail steamship Asia will will leave Bostem on Wednesday for Liverpool. ‘The maile for Europe wili close in this city at a quarter past one and hali-past five o'clock on Tuesday afternoon. ‘the New York Hsnstp—Edition for Europe—will be ready at cleven o'clock gn Tuesday morning. Single copies, iu wrappers, ready for mailing, six cents. Phalon’s Night Blooming Cere ch of tnt Beyond ihe rexch of tmitatic pie inte domes Remedi tate on for oatiae, Agente, patcormaenem ENDER: sits “tse new ibiters from the United States. ‘Repairing can be A Bevuacaty and aot rom Smokers wishia, e Py cee led ie tips htt erence inked in Legal Lotteries.—Circe= Fenn reins 5, CLUTE, Broker, 176 Broadoran Co. Ball, Black & Co. 7 BROADWAY, | pete ct ‘and weil have constantly on haod.s large and JEWELRY, SILVER WARE, WATCHES, BRON, FANCY GOODS, GAS FIXTURES —<—$—$—$__—— Barcheter’a Baty, Dye. — The hg in the ‘world, the fect Dye, nee re rome Troch for r. ; rovraie Broneuial Ts proved their Eite r of years, and have received testimonials from. en who have need them. Those who are suffering from whtintatertcteate can iain, Sag Spiel at Nee Astor House. a if Bi a DE oder Parsiyein Pitoet Lange Meat Livers ase” nd B jar Proof Safes. array Elliptic ‘Katiteh ine Machines, Pa Ma Sate Faire, 3 atts, Florence Beveratly ath Acniwns, Trondwa, New Yor. eyes Bh nett tas sexe” & Batic, Mieka "rent sewn Wem & Porrin’s Nauce—Delictous with Soups oh Rea SON@ Agents for the United Staten, engin . te, Boia iy to bardeet, A RR Washington au vat Primes :