The New York Herald Newspaper, February 23, 1867, Page 4

4 NEW YORK HERALD. JANES GORDON BENNET?. EDITOR AND PROPRIETOR, NTS THis APTERNOON AND EVENING, BROADWAY streat,—ALappry Matinee at 13; 0'Cloc NEW YORK THEATRE. Broadway, opposite New York Hotel.—Peooy Grex s—Kenitwourn, THEATRE FRANCAIS, Fourteenth street. near Sixth avenue.—Le Famitts Benito (Tae Fase Fauve). OLYMPIC THEATRE, Broadway.—Srreets or Nuw Yoru. Matinee at One o'Ulock, DODWORTH’S HALL, 806 Broadway.—Proressor Harts wit Perrowm His Mimactes—Tag Heap iv Tum Am— Tux INoia4N Basket TRicK—Prorevs. Matinee at 2 0'Clock. STEINWAY HALL, Fourteenth straet.—Tuxopors Tuomas’ Foustn Granp Srmpuony Sormex. SAN FRANCISCO MING ‘3585 Broaiwar, opvosite he Metvovoliian Hotel—Ix rusia Gracortay EYremratNe xrnts, SINGING, Daxcrvo xp BURLESQUES.—Tux BLACK Coon. KELLY & LEON'S MINSTRELS, 720 Broadway, site the New York !Totel.—Lw varia Soxgs, Dances. ‘TRICTTIES, pee oD po- Buriasqurs, &0.—Tux Two Pama Downer ater (—Mapacascar Batter Trovrx. FIFTH AVENUE OPERA HOUSE, Nos. 2 and 4 West Trguiy fourth nirvet Guinier & Cutcere'd Mineraat a CYMIOPIAN, MINSTRRLST, BatcaDs, BURUESQUES, BC. Ocuax Yacut Rack. Matinee at 334 o'Clock. ™ TONY PASTOR'S OPERA HOUSE, 201 Bowery.—Comc Vocatssm. Necro Minstretsy, Baturr Divearisemxyr, 4c.—Tax New Yore Vo.untexns. Matinee at 23¢ 0'Clock. CHARLEY WHITE'S COMBINATION TROUPE, at Mechanics’ Hall, 472 Hroadway—Ix a Variety or Ligur ano Lavcnasus Eyrenraiva Puss ut Boots, Mativee at 235 0" HOOLEY'S OPERA HOUSE, Brook; erreisy, Bavtaps axp Buruxsquns.— CLINTON HALL, Astor uiak Lecrures on Previiar Cours, pe Bauer, &c. tock, .—Eratortan Min im Buack Croox. .—De. Hxasarp’s Pxcv- ‘WEMES. THB BUNYAN TABLEAUX, Umon Hall, corner of Twenty-third street and Broudway.—Movina Minror oF mux Piiarim’s Procness—Sixty MAGNIFICENT SCENES. NEW YORK MUSEUM ANATOMY. 618 Broadway.— Hrap axp Ricgut Aux 1 Rosst—Tne WasittncTon WONDERS IN NATORAL History, SCIENCE aND ART. Lucturzs Day. Open from 8 , DERBY'S NEW ART ROOMS, 845 Broadway.—Graxp Exuisrrion oF Paintixas.—Rosa Bonuzvr’s Horse Fam. - a New York, Saturday, February 23, 1807. THE WW és. EUROPE. By the Atlantic cable we have a nows report dated yesterday evening, February 22. Austria advocates the evacuation of Servia by the Turks, but is likely to avoid intervention in the Cretan difoulty. A dangerous agitation prevails in the Aus- trian provinces in the Danube. Count Bismarck’s health is improved. Engiand will officially report the postal service to and from the United States. Consols closed at 903{ for money in London. United States five-twenties were at 7834 in London, 824 in Paris, and 77 in Frankfort. The Liverpool cotton mar- kot was heavy and downward, with nuddling uplands at I3}gd. Breadstuffs were heavy and lower. Provisions firm. The steamship Java, at this port yesterday, brought our special European correspondence and iiles dated to the 9th of February, containing interesting details of our cable despatches, including the comments of the leading Journals of Paris on the speech of Queen Victoria, read at the opening of the British Parttament. Our special correspondent in Dublin furnishes tho first ‘notes of the preparations made by the Irish Fenians fer the “rising” which bas just oceurred im the county Kerry. During a debate in the English House of Lords on subject of the navy estimates, the Duke of Somerset said he was glad that the United States tron-clad Mian- tonomoh visited England, as the known danger to the lives of the men serving tn her would perhaps deter the advocates of such vi im that country from recom- mending them for service. The Duke said that he had . deen told by an officer attached to the Minntonomoh that her crew were liable to be sufocated within a few minutes at any time by an accident in the ventilating machinery, Which he described. ia Our special correspondents in Berlin and Munich state simaltaneously the important fact that the tide of Ger- man emigration to the United States is likely to becoma, @ complete “torrent’’ as the spring season advances, under the influence of many new and exciting causes resulting from the late war in the confederation. CONGRESS, In tho Senate yesterday, the jolnt resolutions pro- viding for the selection of a site for a Post office in Bos- ton, and extending to Tennessee the benefit of the act donating lands for the establishment of agricultural colleges, were passed. The bill in relation to the In- dian Bureau was taken up, and the House amendment transferring the bureau to the War Department was dis- agreed to by a vote of 13 10 24. Conference committees were agreed to on the Judicial and Logisjative, Military Academy and Diplomatic —_appropria- tion bills, the Senat* in all cases insisting on its amendments, he bill directing the Postmaster General to advertise for proposals for ionthly steamship service between San Fraccisco and Honolatu was passed. Mr. Sumner’s joint resolutions relative to representation at the Paris Exposition was taken up, and, after some Little discussion, was passed. It appropriates nearly $100,000 for (he purposes mentioned. la debate Mr. Sumoer said it had already cost $150,000, and Mr. Lane said the country would not got out of it short of $5,000,000, and the whole thing was a stupendous humbug. In the House the Senate amendment to the Civil, Xcademy and Diplomatic Appropriation bills were s0n-concurred in. The Senate bill for the relief of contractors tor bailding iron-clads for the navy was thon considered, and Mr. Sioan’s substitute for the same was passed by yeas 105 to nays 42. The House then went into committee of the whole on the Tax bill An amendment abolishing the tax on cotton from September 1, 1867, was agreed to, A debate ensued on an amend- mont relative to the tax on incomes, but the amend- ment was rejected in the evening session. The com- mittee on the murder of Union soldiers :n South Caro- lina made their report, with leave to Mr. Cooper to make a minority report. The majority report ix published in onr columns this morning. The bill to declare valid cer- tain proclamations of the President and acts done in Psfsuance thereof in suppression of the rebeilion was {akon up and considered, It was agroed that the bit bo voted upon to-day and the Tax Dill wos rogumnt an pending its consideration the Bous# adjourned, CITY. Washington's birthday Was not celebrated by (he mili- tary yesterday in as imposing & miaWM@r a’ usual, owing fo the condition of the streets, There was, however, an unusual display of buating from the buildings and shipping. At Trinity church the serviees were of a ohar- acter suitable to the occasion. Matinée performances wore general at the various theatres, and merry sleigh- ing parties were out in every direction. ‘The Legislative Committee on Insurance beld another fossion at the Metropolitan Hotel yesterday. Mr. Philip Engs, who bas boon counected with the Fire Department for fifty years, Captain Mount, of the police, and others were examined, An important seizato of counterfeiting implements was made by the detective police last night in Bleecker street. No counterfeiters were captured. The steamship South America, Captain Tinklepaugh, having beon detained, owing to yesterday being a holi+ day, will eal! to-day, at throe o'clock P. M., for St. Thomae, Para, Pernambuco, Bahia and Rio Janeiro. The mails will close ai the Post Office at half-past one 0 clock. ‘The Inman tino steamebip City of Washington, Cap. tai Rowkeli, will sail to-day, from pior 4% North river, for Queenstown and Liverpool. ‘The National Steam Navigation Company's sveamship Molvotis, Captain Thompson, will leave pier 47 North rivae at noon to-day for Liverpoot via Queenstown, The fino steamship Fagle, Captain M. R. Greone, wilt wail from plor No. # North river at three o'clock P.M. to day for Havana, Mails will close at the Post OMioe a4 half past ome o'clock 1. M. The steamabip George Washington, Captain Gager, of the Crotawell line, will sail at three o’clock P.M. to-day from pier No, 9 North river, for New Orleans direct the Black Star line steamer Fung Shucy, Captain (rowel, will leave pier No. 18 North river, for Now Crende, at three o'clock P.M to day. tomtashio can Jacinto. Captain Atkios, of the | Ympire line, will sail punctually at three o'clock P. M. to-day for Savannah, from pier No. 13 North river, | The poputar steamship Saragossa, of Leary’s line, will | sail to-day, from pier No. 14 East river, for Charleston, | comnceting at tnat city with the steamer Dictator for the ' Florida pores. ‘ MISCELLANEOUS. Our correspondent at Mexico city, writing om the Sih inst., says that the whole road from Puebla to the capi tal was lined with the débris of a retreating army. The liberals. were prevented from attacking by strict orders from Diaz, but from the seared countenances of the re- tiring citizens it was to be supposed that the appearance of a smal! band of republican guerillas would convert the whole march into one grand rout. The American Consulate was being garrisoned for the defence of Amer- ican citizens, Maximilian was in the capital, and rode out im a coupe as soon asthe French had disappeared. Messages had passed between him aod Bazaino a fow days before the evacuation which would have called for a fight among persons of lower degree, Maximilian tolls every one that he does not consider himself Empe- ror, but only the chief of a national party. The ad- vance of Miramon on Zacatecas is supposed to have been the expected result of strategic movements on the part of Escobedo. Our Panama correspondence is dated February 11. Mr. Burton still maintained his position against the Colombian government. The foreign mails, it has been decided by Mr. Garrido, can cross the Isthmus without the hindrance and delay that would bo occasioned if the recent order requiring them to be distributed through ‘the local post office were carried out, Mosquera is said to desire tho annexation of Ecuador, and im a letter to one of his friends savs that when tho Pacific republics call on Ecuador to join their alliance he will occupy ber territory. This intention is supposed to be a part of the policy marked out for him in Europe. Our Santiago (Chile) correspondence is dated January 15. Nothing of tmporiance had transpired regard- ing Spanish American affairs, Preparations for defence are still progressing. Rumors wore pre vailing to the effect that another proposition for peace had been offered by France and, England, but the Cabinet bad not permitted the terms to be made public. It is again intimated that proposals trom oor government wili be received cordially. The session of Congress had closed after a stormy debate on the Tax bill, during which the minority members, six in num> ber, bad seceded, amid loud applause from the specta- tors. I is probable, however, that they will resume their seats in June. Minister Kilpatrick had presented President Perez a letter trom President Johnson, con- Gratulating bim on his re-election. A treaty betweon Chile and Bolivia, settling the ownership to Moxillano's guano region, and authorizing the exportation of guano, had been approved by Perez A new railroad through rich mining districts in the] northern part of Chile bad been opened. The revolution at Mendoza is reported to be increasing in importance, the insurgents baving re- cently gained very decided advantages, Files from Lima, Peru, dated January 27, say that a crisis was impending. A cavalry regiment had revo ted and killed some of their officers. An infantry regiment sent to reduce them was baffled and more officers were killed. The decree issued for the establishment of an agency at Liverpool to charterj vessels to carry guano had caused some excitement and calied forth from the United States Minister a vigorous protest, in which it is urged that an agency should also be established in the United States, as it is scarcely fir to ask American vessels to go to England to be chartered. From Venezuela, under date of January 21, we learn that Robert Roosen Runge, of the house of Neckeiman, Roosen & Co., has committed suicide, having jusvarrived from Europe. According to advices from Maracaibo, Genera! Cape, at the bead of four hundred men, invadod that city, and meeting with the forces of resident Sutherland, a battle ensued which lasted seven bours, during which Capo was killed, and»then his forces to- Pipeits a/aadigcieiing in the Wabash rivor, in Indiana and Ilimois, The water is higher than it was ever known before. The tops 6f the hoases are Uarely visi- ble, and steamboats are plying over the prairios in alt directions after freight. The river, usually a narrow ‘stream, is at preseat ton miles wide. The flood in the Ohio is subsiding. Miss Ann Surratt visited her brothor in tho Washing- ton Jail yesterday. ‘Tho Indians in British Honduras still continue trouble- some. The English families had left the colony in such numbers that bardly enough whites remained to guard Belize in case of an attack on that city, Dates {rom Australia are to the lst, and from Now Zealand to the Sth of January, The New South Walon Parliament was prorogued on the 22d of December. Affairs with the natives had agsumod a peacefal phase, The United States steamer Snenandoab, Captain Golds- borough commanding, arrived at Calcutta tn December last, and lay there somo timo repairing. She was the first American man-of-wat that had anchored thero in twenty-five years, and received much attention at the bands of the authorities and American citizens, Three of the crew had die! of choleraic diarrhors, All the rest of the crow were well. Tho Republican State Convention of Rhode Island held at Providence yesterday renominated General Burnside for Governor, and the Congressional Convention renom- inated Thomas A. Jenckes and Nathan F, Dixon for Con- groaa in the First and Second districts, Governor Brownlow was renominated for Governor by the Ropublican State Convention of Tennessee by accla- mation yesterday. A resolution was unanimonsly adopted declaring General Thomas to be the choice of Tennessee for next President of the United States. The Kentucky State Democratic Convention yesterday nominated Joha L, Helm, formerly Governor of the State, and a bitter rebel since the close of the war, for Governor, Wiliam ©, Preston made a speech, with- drawing his nanie from the list of candidates, in which he spoke very bitterly of Kentucky's wrongs during the last six yours, The Oppertunity and the Way to Salvation for President Jolmson. The Southern Reconstruction bill which is now before Mr. Johnson may be considered as the death blow to his peculiar policy, veto or no veto. But he has still an opportunity of recovering his lost popularity in a great mea- sure, and, perhaps, altogether, by taking a comprehensive and statesmanlike course with regard to the tariff, our national finances and the currency and bank questions, Any one of these questions, taken separately, affords ample scope tor this purpose if handled in a masterly manner ; but if a statesman equal to the task would take up the whole in accord- a NEW YORK HERALD, SATURDAY, FEBRUARY tion of the South. In this way he will not be responsible for what a superior power may ordain, and will be doing his duty simply and constitutionally in executing the laws. Thus he may remain in office to take up and recom- mend other great measures. Within the two years of hia unexpired term he may do much good and acquire a solid reputation. The main questions to which he sbould turn his attention, as we have said before, are those of the tariff, our national finances and the national banks. As to the new tariff bill, we do not use too atrong a term by calling it positively infamous. It is made by and for the interest of a few manufacturers. The mass of the people are to be more heavily taxed than ever for the sake of an insignificant portion of the population. Every laboring man, the great body of trades- people and the vast agricultural interests of the whole country have to pay from thirty to fifty per cent more on almost everything they uge or consume than they used or ought to pay. The revenue is much too large, and an average reduction of thirty per cent might be made. With the increased consumption, di- minighed cost of collecting duties, especially if the revenue were to be raised chiefly on 4 few articles of luxury in general ase, and with the consequent increase of exportation of our own products, the present burdens could be reduced fully the amount named. The reve- nue would be ample with such a change in the tariff. The changes made in the present bill, compared with the existing tariff, are not in favor of the consumer, except in @ very small way, while nearly all the modi- fications are greatly in favor of a few manu- facturers. The burdens are increased on the whole instead of being reduced. The measure is very unpopular, particularly throughout the great West. The press, of all shades of opinion, in that mighty section of the country denounce it in the severest terms. The radical news- papers are as denunciatory as the d2mocratic. However much cohesion there may be in the dominant republican party on reconstruction or other purely political questions, the repub- licans of the East and Weat are widely divided on thisone. Should Mr. Johnson adopt a de- termined anti-high-tariff policy he will not find the party united against him. The New Eng- land republicans may be very bitter ; but those of the West, as well as the bulk of the people everywhere will be with him. Here, then, is a golden opportunity which he ought to seize at once. The President has also fine field for the exercise of statesmanship in the national finances. Economy and retrenchment are im- peratively demanded. Congress and the de- partments have beex and are recklessly ex- travagant with the people’s money. Hundreds of mitlions are looked upon and squandered with less concern than few millions were five or six years ago. Washington is the hotbed of. corrupt schemes and jobs. Let the Presideat expose these and point ott the way of safety. from them. The revenue should be brouzht down to the lowest point and strict economy should be reco..mended in explicit terms, The national debt should be conslidated and be of « uniform character, with a reduced rate of interest, all in lnwful money. A sinking fund, perpetual and ineiolable, should be estab- lished with a view to liquidate the entire debt in thirty or torty years. Such ‘are the chief features in our finances to which Mr. Johnson might devote his attention with credit to him- self and great good to the country. There is already a large party in Congress, and a much larger one proportionately in the country, ready to aid him in the work. Lvst, but not least, let him take decided ground against the abominable system of na- tional banks, The old Bank of the United States which Juckson squelched was a pigmy com- pared with this gigantic monopoly and danger- ous political machine. There never was in the history of any country before such a dan- gerous system. The so-called national‘banks take directly from. the government over swenty millions of dollars a year; that is, the government has granted them the profits of a circulation worth that, all of which could be saved to the Treasury. The banks give nothing whatever in return for’ this; it is an abso- lute gratuily to a few capitalists. So far from the national bank circulation being a benefit the public would much prefer and be far better off with a uniform currency of government lawful money. Why, then, should we squander upwards of twenty millions a year upon these institutions? But this is not the only evil. The banks are fast absorbing and will soon absorb all the profits of industry thronghout the country. The industrious classes will be- come merely the hewers of wood and drawers of water tor the bank capitalists and monopo- lists, The enormous dividends of the banka show how rapidly we are tending to sucha state of things. Besides, these associations will in a short time become the supreme power in the republic. Through their wealth and influence they will be abie to make Presidents and Oongresses and control the legislation of the country. Now is the time, before they ance with nooular sentiment and sound princi- | consolidate their power, to break them ap. ite wor wit | ples he would make himeeit the foremos. of tho day and acquire lasting fame. No one is in so favorable a position to do this as the President. Here he may have an opportunity of using the veto power most usefully and effectively; but he can also in his messages to Congress, and particularly in his message to the new Congress in March, ley down such a policy as the mass of the people will oor- dially approve and Congress wili not venture to defeat. The great political question of the time, the reconstruction and restoration of the South, has passed out of his hands. Congress, which is all-powerful in the matter, has rejected his work. His quarrel with that body upon this political issue has brought him to the verge of rain, with the sword of impeachment sus- pended over his head. Making a virtue of necessity he may save himself from impeach- ment and removal by bowing to the will of Congress; but he would make no capital by that alone—the merit of his acquiescence in what he could not prevent would be regarded as of a very nogative charac- ter, and he would be rather considered ae continuing in office only by sufferance. The day has gone by when he might have hoped to regain his position on the Southern ques-_ tion. Congress 1s conaclous of possessing the power, with or without him, to carry through its own policy. The only thing he can do and ought to do is to make no usoless realatance, and faithiully exoouto the laws which Congress may vase for the reconstruc: 1 lere, in, is a fine opportunity for Mr. Jobnton : Tatore his popularity. If he does not find himself equal to handling these quies- tions in 9 large and comprehensive manner he should call to bis aid the first talents in the nation, There is ability enough among as. Let it be sought and used, Let us have such a message from Siti on these important matters ag will arouse the country and rally the people to support his new, grand and statesmantike policy, and his administration may still be great success, A Quer Game or Kevo.—The police are on the war path. They have made several descents upon obscure keno and faro establishments; but we have not heard of any broad guage, fashionable and notorious gaming honses bein, pounced upon, where members of Congress and the State Senators “most do congregate.” ‘The latest raid reported is that upon an insti- tation in Broadway where the drat man at- rested eas a police sergeant, who was found sented at a table enjoying a pleasant game of keno, He was arrested ; but, according to he. statement of the officer who made the arrest, “quictly walked away and escaped.” The question has been often asked " where are the Police?” It is satisfactorily answered by the presence ata quict game of keno of the ser- geant who “walked away and escaped.” Tho police sergeant who made the arrest evidently made a mistake that time, He ought to have come down upon some place which his col- leagues are not in the habit of frequenting. This fellow must be a very stupid policeman. > Debate in Parliament. In yesterday’s Heraup we printed at con- siderable length the details of the opening of the British Parliament on the 5th instant, with the prindpal speeches delivered on the occasion in both Lords and Commons. The details are highly interesting. The speeches of Earls Derby and Russell in the one house and of Disraeli and Gladstone in the other are de- serving of special study, indicating, as they do, the attitude of the two great parties towards the leading questions of the day, and which had their due prominence assigned them in the speech from the throne. That which is chiefly interesting to us on this side is the prominence which is given to the relations sustained by the British government towards that of the United States. When we remember the hauteur which was manifested towards us during the period of the late rebel- lion, and the tone and spirit in which Earl Russell replied to Mr. Seward’s communication in regard to the Alabama claims, it is impos- sible not to feel that a change for the better has come oyer the spirit of the dream of British statesmen of ail shades of politics. In the address from the throne the im- portance of maintaining friendly rela- tions with the United States was well and gracefully put. Occurring, as it did, early in the royal address, the allusion to the United States evidently implied a willingness on the part of the government to pave the way to an amicable solution of all outstanding difficulties between the two countries. In the debate which ensued in the House of Lords Earl Russell openly and honestly admitted that “he saw no reason why, because he, at the head of the Foreign Office, did not accept certain propositions which were made to him, the noble lord (Stanley) now at the head of that department should not come to a different conclusion.” Earl Derby is equally explicit. Having stated the form which, as it seemed to lim, the question had assumed, he said “If the United States admit the principle of arbi- tration, if they can point out the precise ques- tions which they desire to have submitted to the arbiter, and the grounds upon which they seck for redress and compensation, we shall be quite wiiling to meet them in a friendly spirit to discuss the points upon which arbitration is sought, and, if we can find an impartial arbiter, to réfer to his decision the questions at issue.” In the opinion of his lordship “there are no two countries between which friendly relations are more entirely for the interests of both than Great Britain and the great republic on the other side of the Atlantic.” Mr. Gladstone’s remarks on the same snbject, in the Commons, were not substantially different from those of his friend and late colleague, Earl Russel, in the Lords. So far, we say, so good. The ehange of tone is as marked as it is agreeuble. There is no reason known to us why we should not recip- rocate the sentiments which have been thus expressed, and give utterance to the hope that the two nations, bound iogether by so many ties, not one of which can be sundered but to the mutual disadvantage of both, may ad- vance, hand in hand, on the great pathway of progress in which each has been helpfal to the other and in which both have exhibited such magnificent examples to all the rest of the world. It is not without reason that the American people feel aggrieved by the policy pursued by Great Britain during the late re- bellion. Reparation for the wrong, however, is all that can be looked for. If that be made, and made in the spirit in which it is promised, we shall have cause to be satisfied. It will be well for British statesmen meanwhile to remember that words will not suffice if deeds be wanting. Bill to Redeem the Compound Interest Notes. The bill to redeem the compound interest notes that fall due during the fiscal year, which passed the House of Representatives on Friday by a vote of ninety-five yeas to sixty-five nays, shows the progress Congress and the country are making toward a sound policy with regard to the national finances and currency. The national bank interest and the capitalists of the East were shown to be less powerful than was supposed. Messrs. Hooper, Pomeroy and others made a desperate effort to carry the original bill to redeem the compound interest notes by an issue of other interest bearing notes, and they threw every obstacle possible inthe way of amendments aad the introduc- tion of the new bill that passed, but unavail- ingly. Against ail the parliamentary tactic used there proved to be such a powerful party in the Honse against the currency contracting and national bank influence that this measure waa put through in the neatest and most de- cisive manner possible. Instead of redeem- ing the compound interest notes by a new iasue of certificates bearing interest at three and sixty five hundredths per cent, as Mr. Hooper's bill proposed, the re- demption is to be made by non-interest bear- ing legal tenders. The amount of legal tenders authorized to be issued for this purpose is one hundred millions, Thus, instead of paying six millions @ year, as at present paid in interest on the compound notes, or three millions six hun- dred and fifty thousand, as proposed by Mr. Hooper's pill, the government will save the Simona. Tnstend of the national banks draw. ing either of these sums annually, in addition to their other enormous profits, the Treasury and the poople will get the advantage. The House Laas twken a practical common sense view of the matter and ins shown a most commendable independence in its action. It is to be hoped the Senate will act as wisely and pass the bill in its present form. There is a great hue and ery, of course, among the national bank monopolists, bond- holders, great capitalists and the resumption theorists generally, against such legislation. They open their eyes with astonishment; for they thought they had more influence in and over Congress. They imagined they had agents powerfal enough in Mr. Chase and his friends, who concocted the national bank system, aod in the present Secretary of the ‘Treasury, to resist the growing power of public sentiment; but thoy have discovered their mistake. They make as much fuss as if the world were coming to an end, crying out alarmingly about inflation, rnin and all sorts of evil; all of which means that they will got be able to increase their own wealth as much as they want to. They expectod under the insidious management of Mr. MoOulloch and through the strength of their influence in Con- gress to bring about such # contraction of the ourrency as would add to their wealth thirty or forty per cent; but they see now that ttfore are @ sufficiont number of independent agd enlight- 186T. ened men, particularly trom the West, in the natienal legislature to check thelr selfish schemes. There need be no apprehension about a pre- tended inflation of the currency, which the national bank monopolists and bondholders urge, from the issue of a hundred millions of legal tenders in place of the compound interest notes. The banks will have to hold those legal tenders as a reserve, the same as they now do the compound interest notes, which will keep them out of circulation. It will not make the least difference in the volume of currency circulated. It will be taking away simply several millions a year from the over- grown national bank monopoly and putting that amount into the Treasury. The House has done a good thing, and it is gratifying to see the enlightened progress that body is making on the subject of the currency and national finances ; but it should not stop there. Our whole system of finance, currency and banks needs remodelling and placing on a sound and lasting basis. Progress of Things in Mexico. - The French troops have abandoned “the Halls of the Montegumas.” The capital was turned @ver by Marshal Bazaine, on the 6th instant, to Marquez, the generalissimo of Maxi- milian and the Church party. A few days before leaving Bazaine issued a parting address “to the chivalric Mexican nation,” in which he protested that during all the four years’ occu- pation of their country “it never entered into the intentions of France to impose upon you any form of government contrary to your wishes.” To this bit of blarney honest Jack Tar would be apt to reply:—“Gammon. You may tell that to the marines; for with old sailors it won’t go down.’ Marquez next issued his proclamation to the citizens, in which he said, “I have a sufficient armed force, and you yourselves will soon see in what manner this place is garrisoned.” Next he issues a general order warning the citizens to shut themselves up in their houses at the ringing of the great cathedral bell; for he thinks there may bea liberal rising and hot work in the streets at any moment, to say nothing of the approaching liberal forces from every point outside. But still the theatres were in full blast,a circus company had come to town, and in the after- noon the paseo was thronged with elegant car- riages and handsomely mounted equestrians. It was so in Paris the day before the sacking of the Bastile. It was so in Washington the day before the first Bullrun. Marquez is a blower. Perhaps at this moment he is: under French protection with poor Max at Vera Cruz. The French were not coming away from the interior empty handed. They were mindful of the motto of the Rothschilds, “Don’t forget der monish.” The sum of three millions six hundred thousand dollars in silver had como down to Vera Cruzin the course ofa week, and two millions and a half more was expected within a few days. Marshal Basaine, General Castelnau and the French officera generally, will doubtless bring off a good pile of value baggage, involving some sacrifices by the Church and the Church party. The im- perial Max has unquestionably laid up some- thing for a rainy day and got it out of the country ; and if he still remains at his capital it is only, we guess, to finish his plucking of the Church goose. As for the departing imperial rank and file, French, Turcos, Egyp- tians and camp followers, it is safe to say that they will carry off some curious’ souvenirs from Mexico in the way of antique articles of plate, golden candlesticks, jewelry and silver spoons. It isa custom, as old as the hills, of retiring armies. Besides, under the convoy of the French troops, there is an exodus of merchants, brokers, sharpers and adventurers of all sorts, who went in to make, and who will bring off all they can of what Bucking- ham was promised by Gloster in “those mov- ables.” Meanwhile, instead of Miramon capturing Juarez, Escobedo bad beaten off Miramon at Zacatecas. Porfirio Diaz, chief of the liberal generals, was moving upon the capital, and his advanced columns, under Rodriguez, Cuervas and Mucado, were closing round the city. Corona had issued a decree from Jalisco warning all parties siding with the empire to leave within five days. Old Alvarez with his Pintos, mottled Mexicana (one of whom some years ago was exhibited here as “the negro turning white”), Old Alva- rez, or his representative, is again on the war path from his mountain defiles behind Aca pulco. He has played the réle of “king maker” of Mexico through many revolutions, and he is out for Juarez. We think it cannot be long before Maximilian, Marquez and Miramon and their Church party will be swept off by these liberal combinations ; but while the Church has money or “movables,” Max and Marquoz can raise soldiers, so that the end of their struggle will probably not come until they have completely cleaned out the Church. The republic will then come in to take pos- seasion of an empty treasury, an impoverished country, and a Church whose coffers will be found a4 deficient in hard cash as the mines have been left of ingota by the empire. What then? Why, then Juarez will have to make » loan. But what collaterals can he give? Only something like a mortgage upon certain lands, bays, rivers, railway routes, mines dnd sea- ports. At the last session of Congress a resolu- tion was intréduced proposing a loan of fifty millions to the Mexican republic on territorial atid commercial securities. Nor is there any other way to set up the republic firmly on its legs without losing by the bargain. The United States must assist the republic then, on 4 sufficient mortgage of real estate, or we shall soon be compelled to annex the whole country, in behalf of peace and in order to cut off any further European interventions. General Scott, when he had the chance, recoiled from the idea of absorbing among our people those motiled and motley Mexicans; but now, with negro suffrage about to be established in South Caro- lina, and. political equality in Richmond, why should General Scott’s old Virginia objection girsatent bhi Oxx or Tar Opxoxtous Featcres or tue Tax Buz, Sertexen Ovr.—In the House of Repre- sentatives yesterday Mr. Blaine, of Maine, moved to amend the Tax bill by inserting » clause to the effect that after the Ist of Septem- ber next there shall be no tax on cotton grown. in the United States. The amendment was adopted in Committee of the Whole by « vote of sixty-three to fifty-four, This cotton tax is & drag upon the industry of the South, and the tof its being taken off will be hailed with satisfaction by the people of the cotton~ growing regions CITY. INTELLIGENCE. Cacgou OF THe Rascsagotios.—The fair for the venetit of the Sunday school of the Church of the Resurrectiom bas been in progress at the Harvard Rooms siate Thurs- day, and wilbclove to-1 Fooly night. The tables presided weather the running of the sireet thus rendering the than obla the tableaux vivants capes? ‘i 1e poids eye nginenr ry the evening of the hope of securing a more convenient locality auspicious skies. A Worp ro mas Benavocewr.—The United steamship Memphis is now coaling at the Navy will sail, empty, for Charleston and Port tha above ‘porta wile. taken free by applyiag Admiral of the Brooklya Navy Yard. Ksraurs or Sr, Parnicn.—Among the celebrations ef St. Patrick’s day, preparations for which are actively progressing, there will be perhaps none more atirapiive than the annual banquet of ie cue ‘come off at the Astor House on ‘the 18th March, th ‘of that establishment baving March, the agen inded their resolution not to entertain any pablic dinner in favor of the ‘*Knighte,”” who dined there Vy ith so much satisfaction to the members ané REEF Het Astor House on Tu tickets will be ready for distribution —— and, to a very limited extent, to those who are friends: the members. Conrivaxcs Mux at Worx.—As « Mr. David R. Jean kins, who has been stopping at a hotel in this city fer some daya past, was about making preparation ee, for a voyage to Havana he became inted with two reepectatte looking gentlemen who showed him many Kindnesses and went so far as to inform him that he should not bother bimself about buying his ticket for Havana, as they would do that themselves. Feeling grateful for their attentions, Mr. Jenkins handed one of the ‘gentlemen’? a $100 bill, that he might not be forced to the necessity of getting the ticket himself. Mr. Jenkins waited for bis ticket until yesterday afternoon, when he began to suspect that he had been swindied, ly proceeded to headquarters, where he laid the facts of the case before I Dilks and gave a full and accurate description of the men, From the description given of the swindlers the detectives recog- nized two well known confidence mon. The “artful dodgers” are being hunted up. ‘Tan Sasrsitsk Prsasvrs Crvn.—The soirée given by the members of this organization at Brookes’ Assembly Rooms last evening was a most brilliant affair. The room was filled, but not crowded, with the young of both sexes, who ‘chased the gliding hours with glowing feet" until the faint streaks of in the east warned them that it was time to bethi themseives of home. \dsomely decorated, and, aitogether, a very pleasant ss wea passed by the members and their friends. The club is composed principally of clerks, and enjoys the reputation of being @ first class association, and their reunions are always looked forward to by those interested with much pleasure. Sunious AcoDENT—FALLING oF 4 WoopEN AWnING.— About two o'clock yesterday afternoon a serious accident occurred at the corner of Grand and Sheriff streets by the falling of a wooden swning in front of the store of Messrs, Fuld & Brother. It appears that the awning, which was very large, was heavily laden with the snow which bad accumulated during the past two days, caus- ing it to fall at a time when, unfortunately, there were several persons standing under it. Four men were wre is sbout fort cariel aes living wait Delancey ad + A 2 dislocation of the sping jous iuternal injuries. The wounded men were ‘conveyed to the drug store No. $10 Grand jmmetiately ae ane same piace Poyod 5 neath, waiting foracar. The notified, and conveyed the sufferers in sieighs to the station house. assistance was procured, whea ArreMrtep Svrcips.—At three o'clock on Thursday af- ternoon last, Charles Koch, aged twenty-six years, bora in Germany and residing at So. 178 avenue A, entered och was thon pete whe which he pronounced him out of danger. Fins mm Broapwar.—About six o’clock last a fire broke out in the cellar of Baker, Grover & Co.'s sewing machine depot, No. 405 Broadway. The Fire Department were promptly at the and guished the ball Ln they ped siereyed the a floors. Tho stock on the first and second floors aged by heat and water. The loss on stock be avout $25,000; insured for $15,000 only. to the building, which is owned by the about $8,000. The cause of the fire is prosent. * : Fins ov Warran Sraast.—A fire broke out this morn- ing about two o'clock in the four story brick house No. 67 Warron street, occupied on the lower floor by clothier, and the upper stories by H. Henry's Job Printing establishment. The cloths were removed the insurance watchmen, but the printing mat wore corsidorably damaged. When we left the scene of conflagration at three o'clock the engines were at work and tho flames were being seemingly subdued. j frm, wil unkoowa HATIONAL UNDERWRITERS’ DINNER. The National Board of Fire Underwriters last oven- iug gave a dinner at Delmonico’s Fifth avenue estab- lishment to the insurance delegates from abroad whe havo recently attended the convention which has been in session in this city, Over two hundred and fifty members wore presont. James M. McLean presided, and remarked in bohalf of the insurance gentiemea of Now York that- he was glad to welcome those from his coustry—Washington,"” and in silence, The next was “The National Board Fire Underwriters," which was responded to by stark Howard, of Hartfotd, He stated that the object of this organivation was to harmonize the olements engaged in this business, and to upon @ sound and enduring foundation—to and cultivate among the underwriters of the fraternal aud generous spirit, The effect of the zation in these directions had already been behooved all who felt an iutorest in the institution lend their aid to the organization, Without a combina- tion of this kind insaragce companies would be in the position of Kilkenny cata, (Laughter.) They woutd devour oach other leave nothing but the tips of thelr tatia. (Laughter. ) ‘The next toast was “Our common country—Wherever tn ita borders agricaliure, commerce and mani develop thompelyos ae follows to prove and Soatain Chom.” Ta responses Jus some facetious rem: To expect hi soo ution — = —s Ch oe cays 0) pace " “waa too mach Es anos 8 eis, who was 8 anda judge, (Loughter.) Yet he would say that iy- warance, like evory other risky business, must be fovnded on a knowiedge of human nature, (Applause) ‘Where it is the totorest of the insured to burn hie Le an Ne gr ~ the mE he would fea on nen! lo 80, jause. ib Was necessaty rer & peinet Io. by winch ‘the interests of the insurer and insured 1 be mutual. (Applause.). The caioule- tion of the rinks suould embrace the mutual interests of Mul who wore a aeience,"’ was responded to by Mr. Wm. 8 Mr, Serpaxereucer, of Baltimore, was called speech, and remarked in Gaye) that the ineurance companies depended more upon and good moral character of those anything elas, The first question an honest man? before he probably buted to them had not the honor heen before civoo ta ) Mr. ‘was cailod ov, and aaid that he had prepared a h dering several mouths for this vory occasion—laughier)—and be might also say that be came from a place where they nover said anything that would not bear to bo prinied. (Laogbter.) Ho tuem eded to disousa the principle embodied in tho aliu- wion to Kilkenny cats, the conflictiag interesta whick * laughter.) hers were ©, Norwood, A. Stantory. of New Jar. owell, MOP Howigan and atid a tote howe.