The New York Herald Newspaper, March 2, 1867, Page 6

6 ' NEW YORK NEW YORK HERALD. stitution on Fifty-first street. Rev, Joba Cotton with presided, and addresses were made by Erastus 3cooks and others, The annual reporia were read, snowing the institution to be in @ prosperous and offi- lont condition. Tho New York Medical Coiloge for Womon held their ‘ourth anaual commencement last evening at Steinway Hail, There was a large attendance and much interest manifested in the procosdings. Tem lady graduates re- seived their diplomas on the occasion. The annual commencement of the Medical Department of the Now York University took place last evening. JAMES GORDON BENYETT. EDITOR AND PROPRIETOR OFFICE N. W. CORNER OF FULTON AND NASSAU STS. — Foinmo x Broadway, Broome aa 2 near BROADWAY | THEN Goiow Ov mma Couscur. ‘Matiace | Seventy-three diplomas were awarded and eight prizes At lig o'Clock. The valedictory addreas was dolivered by Protossor Draper. A supper wound up the proceedings, Tho names of fifty-seven delinquent liquor dealers wore presented by Superintendent Kennedy to the Presi- dent of the Excise Board yesterday, praying that their licenses be revoked and a suit for the penalty of Afty dollars be instituted against all but eight of them. The Fenian Convention im this city was adjourned sine die yesterday. George Wagner, who murdered his wife in July, 1865, was hanged yesterday ia the court yard of the City Prison, He dicd repontant, but suffered greatly, his mock not having been broken by the fail, Horace Greeley, alias Johnson, a negro, was also hung in Charies- ton, 8. C., for the murder of Barnwell S. Rhett in July last, and Henry Gardner, a private of the Twelfth United States infantry was hanged at Elmira, N. ¥., for the murder of Andrew Mulock, in March inst. The rope broke when the drop foll and Gardner atruck the ground, his neck, however, being broken by the fall, and death ensuiag almost immediately, It is said that the daughter and sister of Mulock witnessed the hanging from a housetop, In the Supreme Court, Cirouit, yosterday, a man name Henry Buhl brough! an action against Charles @. Schumacher for slander, taying damages at ten thousand dollars, It appeared that the defendant had said at a German club meeting that the plaintiff had issued “false or forged checks.” No defence being made an inquest was taken and the plaintiff was awarded fifty dollars. In the Court of Oyer and Terminer yesterday, before Judge Ingraham and a jury, the trial of John Kane for maumor in the first degree, in having caused the death of Mary Sandford by setting fire to the tenomont house’ in which she lived, was resumed, Counsel for the prisoner concluded his summing up of the evidence, after which Attorney General Martindale, in a speech of three hours’ duration, reviewed the testimony on behalf of the people, The Judge having delivered his K THEATRE, Broadway, opposite New York NEW JOR} oni Tur Frwaur Hose Burarn, Matt ‘hee ab wo O'Clock. ‘ OLYMPIC THEATRE, Broadway.—Sraxets or Nev Yon Matinee nt One o'Clook. THEATRE FRANCAIS, Fourteonth street. near Sixth evcnue.—La Famitte Benorron, ‘ GERMAN STADT THEATRE, 45 and 47 Bowery.— Faust. DODWORTH’S HALL, 806 Breadway.—Prorssson Hants witt Penrorw His Minacurs—Tae Heap IN THR Ain— ‘Tux Inpiaw Basket Tricx—Prorevs. Matinee at 2 o'Clock. SAN FRANCISCO MINSTRELS, 58 Broadway, opposite the Metropolitan Hotel—In ruxin Erwiorian Entextain- wets, Singing, Dancina anp Buavesquas.—Tax Biace Coon—Tax Hratray Curis. LLY & URON'S MINSTRELS, 720 Broadway, oppo- sitetne ‘New York Hotel.—In raxce Songs, Dances. Eoo gx- meicrries, Buruesques, &c.—Cinnen-LEON—MAaDagascan Baier Trovre—Dovgine ror 4 Wire, AVENUE OPERA HOUSE, Nos. 2 and 4 West ae street.—Guirrin & Curiry's Mursraris.— Srstohias Musraxtsy, Battaps, Buxuesqums, Ac.—Tux ‘Ocean Yacut Bacs—Tax Biack Croox. Matinee at 23¢ ‘D'Cloek. NY PASTOR'S OPERA HOUSE, 201 Bowery.—Comic Voouine Neck. Mixerneisr. Datuse Diventinemer, &c.—Tux New York Vouunterns. Matinee at 23g 0'Clock. LEY WHITE'S COMBINATION TROUPE, at s’ Hull, 472 Broadway—In 4 Vantery or Ligut xp LavaitanLe’ ENTERTAINMENTS, CORPS DE Baucet, fc. Tux Lorp or CLarrempurry. Matinee at 234 0’ Clock. WOOD'S THEATRE COMIQUE, Broadway, opposite St. Nicholas Hotel,—Granp ComminaTion OF MixstRgLsy, Bat- ier, Pantomime, Cacestuxnigs, &c. ‘ MRS, F. B. CONWAY'S PARK THEATRE, Brooklyn.— ‘Tux Taree GuaRpsMEN. | HOOLEY’SOPERA HOUSK, Brooklyn.—Ermoriay Mrx- RELSY, BALLADS AND BURLESQUES.—THe BLACK CRooK. Hintinee at 214 0' Clock. THE BUNYAN TABLEAUX, Union Hall, corner of Twenty-third street and Broadway.—Movina MirRom oF ‘Tax Piccrin’s Progress—Sizty MaGwiricent Scenes. SEVENTH REGIMENT ARMORY, Tompkins Market. — ComptiuentaRY Baxp Concert. NEW YORK MUSEUM OF ANATOMY, 618 Rroadway.— kam ann Rigut ARM OF Pxonst—Tae Wasmincton Twins—Worvns ix Natorat History, Sormxcx axp Ant. Lucronss Day, Open from @ A.M, Will 1OP, M. DERBY’S NEW ART ROOMS, 85 Broadway.—Granp Exuisition oy Pawurrings.—“Tux Rerusiiean Court" in Tux Days or 3 TRIPLE SHEET. New York, Saturday, March 2, 1867; EUROPE. By the Atlantic cable we have a nows report dated yes- terday, March 1, The English government denies, that the mediation of the Queen has been sought either by Brazil or Paraguay im the South American war, 5 Consols closed at 91 for moneyin London. United States five-twenties were at 73% \in London, 82% fn Paria and 76% in Frankfort, The Liverpool cotton mar- ket closed firmer, with middling uplands at 13% pence, Breadstuffs dull, Provisions firm, ? CONGRESS, Ip the Senate yesterday a bill was reported from the Finance Committee to increase the duty on wool. Its Consideration was postponed and the Colorado oii was ‘taken up on the question as to whether it should pass, notwithstanding the President's objections. The vote stood 29 ayes to 19 noes, and, less than two-thirds hav- ing voted in the affirmative, it was defeated, The Internat Revenue bill came up as unfinished business, and, among other amendments, the tax on cotton was reduced to two cents, and gas Companies are authorized to add the tax to the price of existing contracta. In the evening session the consider. ation of the bill was continued, and with a few other ‘amendments it was passed. The Fortification and Naval Appropriation bills were passed, the lattor after a diecus- sion of some length. Committees of conference were agreed to om the Army Appropriation and Internal Kevenue bills, the Sonate insisting on its amendments. In the House the Deficiency bill was considered in Committee of the Whole. A lengthy debate ensued on the appropriation for the furnishing of the White House, Mr. Radford, of New York, asserting that the late occu- Pants of the place had taken away ninety trunks full of Property belonging to tho household, which Mr. Farns- worth denied, whereupon Mr. Radford said the steward bad testified to the fact betore the committer. Tue further consideration of the bill was postponed until evening, and the business on the Speak- er's table was disposed of. Several bills of @ private nature were passed or otherwise acted upon, and the House took a recess, In the evening session the Senate amendments to the Army Appropriation bill were taken up and a committee of conference was asked for on the disagreeing votes. The report of the Con- ference Committee on the Bankrupt bill was agreed to, after considerable discussion, by a vote of 73 to 71, A committee of conference was asked for on the Senate amendments to the Tax bill, and at balf-past eleven the House adjourned. THE LEGISLATURE. In the Senate yesterday numerous bills of a local or Private character were reported from committees. The majority of the Rattroad Committee reported in favor of incorporating the Metropolitan Railway Company, with Jonve to constract underground ralways on both sides of Broadway, and adversely on the Vandenberg Under- ground and Manhattan Railroad bills. Tho adverse re- ports were disagreed to, and the three bills were referred to the Committee of the Whole. Bills were noticed to imoorporate the Poeumatig Despatch Company, and for the extension of Fift. avenue and other streets in New York. Several {iis of a local mature were in- troduced, and the consideration of the Constitutional Convention bl Wwas resumed. It was further amended by providtag that no person shall vote who cannot take ‘the test oath, and after reporting progress the Senate adjourned. In the Assembly Mr. Broce, as a momber of the Cana! and Contracting Boards, moved that the com- mitwoe which had been appointed to inquire into the conduct of the members of those boars bo Toquosied to investigate the charges publicly ani Without deiay. The resolution was agreed to, Tas annual report of the Secretary of State on criminal statistics was presented. Bilis to aid in the construction of the Albany and Susquehanna Railroad and for other purposes were passed. In the evening session bills to anthorize the laying of a cable to France, relative to common schools in New York, amd to authorize the appointment of a Board of Commissionors of Yubtic Charities were reported. Bills to amend tho Metropolitan Health and Excise act, to incorporate the Breadway Arcade Railway Company, to extend Fifth avenue to Battery place, to create a Motropolitan wator district, to Tegulate gas companies in Now York, and the General Tax bill were introduced, ‘The Constitutional Convention biti, as amended by Mr. Littlejohn, was adopted at one o'clock this morning. THE City. The Board of Hoalth mot yesterday, when a Toport Felative to the unsafe condition of the buildings on the corner of Sixty-second street and First avenue wae read, The Inspector recommends that the party rebuilding them should be prevented from going on with the work, 4 infortor mortar is being used and the walls fol! from that cause some time ago, severely injuring four men. President Sehulta stated that he had refused to sizn the warrant on the Comptroller for the payment of certain nightsoil contracts because he had the opinion of counse! contending that the contract was illegal. Tho regular annual meeting of the Now York Yacht Ciub was held at Deimonjoo’s on the 28th ult., when an election of offloers of the association took place, Mr. Hoary G. Stebbine, owner of the Phantom, was chosen Commodore. Resolutions were adopted thanking the votiriag officers of the club for their earnest efforts to + Tvance ite Interests during their term of office, and ro- & clt\ng their non-acceptance of a ranomination. charge, the jury at four o'clock retired to deliberate, and at half-paat seven last evening had not agreed upon a verdict, ‘The court then took a recess till half-past nine O'olook this moraing, the jury baing locked up for the night. Charles Mallison, James Murphy and L. Breidenosoh were committed yesterday for examination in default of bail by Commissioner Osborn, on a charge of having transactod the business of lottery and policy dealers without paying the tax fixed by law, John Healey, George Dietrich, Charles Schwartz and Henry West have been held by Commissioner Osborn for examinetion on charges of having passed counterfeit bills, The two first named peraons are accused of hav- ing altered at Poughkeepsie well executed $10 counter- foit bills of the Flour City National Bank, The steamship City of New York, Captain Leitoh, of the Inman line, wil! sail from pier 45 North river at noon to-day for Queenstown and Liverpool. The maiis will close at the Post Office at half-past ten A. M. The National Bteam Navigation Company's ateamship | Ponmsyivania, Captain Lewis, ‘will nail from pier 47 ‘North river, to-day at noon, for Liverpool, calling at Queenstown to land passengers, &c. ‘Tho steamship Allemania, Captain Meier, of tho Ham- ‘burg American Packet Company's line, will sail from, Hoboken at noon to-day for Southampton and Haniburg: The mails will close at the Post Office at helf-past ten aX . The steamship Mississippi, Captain Sumner, will salt from pler 46 North river at noon to-day, for Havre, call- ing at-Falmouth, Engiand. The mails for France will sleas at the Poat Office at half-past ton o'clock. A.M. The steamship Columbia, Captain Barton, will sail at three P. M. to-day for Havana from pier No. 4 North river. The mails close at the Post Office at balf-past one PM Tho atoamship Tillie, Captain Potter, belonging to 0. HL. Mallory & Uo.’s Texas lino, will sail to-day for Gal - veaton from pier 20 East river. The steamship Coorge Cromwel!, Captain Vaill, of the Cromwell line, will loave pler No. 9 North river, at three P.M. to-day, for New Orleans direct. The Biack Star line steamship Ashland, Captain Nor- ton, will sail for New Orleans from pier 13 North river, at three P, M. to-aay. Tho steamship Nightingale, of the Southera lino, will leave plier 20 East river, thid afternoon, for New Or- leans direct, Tho Empire line steamship Sau Salvador, Captain Nick- erson, will Leave pier 13 North river, at three P, M. to- day, for Savannah. ‘The popular steamship Andalusia, Captain William A. West, of Leary'’s line, will gail from pier 14 East river, foot of Wall street, at three P. M. to-day, for Charleston, connecting with the steamer Dictator for the Florida ports, The stock market was heavy yesterday morning, but closed steady. Gold was excited and closed at 130%. Tho markets generally ruled quiet yesterday. Pro- duce was dull and lower, while merchandise was also dail aud nominal, Coffee was steady. Cotton was loss active but firm On ‘Change flour, wheat, corm and oats ruled dull and hoavy, while pork closed lower. Beoof and lard ruled steady at former prices. Freights wore unchanged. Naval stores ruled dull. Petroleum ‘was more active, Woo! dull, with a downward ton- dency 2 MISCELLANEOUS. Ths Moxican logation at Washington have received official intelligence confirming the defeat of Carro, the liberal, Dy Castillo, and the death of Carro in the battle, All was quiot at Mazatian and io the Gulf of Cati- fornia Our correspondent in Nashville giver an interesting account of the recent republican convention in that city, which ronominated Brownlow for Governor. A resolution ‘was passod at the meeting inviting orators from noigh- boring States to discuss tho pending questions through- out Temnessee, and it was announced that Fred Douglass himself should be protected in canvassing tho State if he would come. The black vote is believed to control the election, and it is uadoubtedly with the radicals at present. @Tho Presidont issued bis proclamation yesterday an- nouncing the admission of Nobraska into the Union as a State, Governor Swann, of Maryland, has sont a message to the Logisiature declining the United Stateg Songtorship, to which he was recently elected, and adhering to the gubernatorial chair, Ho says that urgont appeals from represeatative mon of the state have decided him im thia course The special committss of tho Massachusetts Logiala- ture to whom was referred the proposed amendment to the federal consticution at the opening of the session io January yesterday made two roporta, the majority favor- ing Ita rejection and the miaority its acceptance. In the Kentucky Legisiature yesterday resolutions were reported from tho federal committoo rettorating the doctrine of State righta, A Boston despatch on another pags records the saspen- sion of the Equitable Life and Marine Ingerance Com- pony. It should read “Equitable Fire and Marine In. surance Company.’ Special dospatches from Montreat aay that the Pro- vinelal Territory will be declared a kingdom at the first meeting of the United Represontatives, and Prince Arthur, the third gon of Queen Victoria, will assume charge of tt. He is seventeon years of age, and one of his numerous namos is Patrick, given as a mark of royal rogard for the whoie Irish people. He made his ontry into public life in Dublin, and it is supposed may do muoh in his executive capacity towards neutralising the Trish tendency towards Fenlanism in America, Dr. Chambers, of Perth, ©. W., shot his brother, Captain McG, Chambers, in Porth, yesterday, during an altercation betwoen them about the keys of a store in which they wore both Interested. A man named William H. Orne {was convicted for the eecond time of arson in the Criminal Court of Rast Cambridge, Mass, yesterday, when, still in the dock, he declared bie innocence of the orimo, and stabbed bim- Self with a jack knife so soversly as to leave but litte Probability of his reoovery. Ho had perved six yours in the prisons for former offences. The proposed prize Nght between Oharloy Gatlaghor, of Cleveland, and Jimmy Billott, of Now York, has beon | Aeclarod off, Grilaghor failing (o nign the articles of | BLSENY! ceeting of (uo Mongy pt Manage gf sg par uae 1 HERALD, SATURDAY, MARCH 2, 1867.—-TRIPLE Jursery and Child's Hospital was held yesterday at the | Our Finances, Currency and National Baak System. We have been going wrong in the manage- ment of the national flaances through nearly the whole war and up to the present time. Tho first step taken to raise money for the prosecution of the war by calling upon the capitalists of the country for a loan was the right one. Fifty millions was soon raised in this city in that way, and five hundred millions or more could have been raised in the eame manner if the government had called for loans in time, in convenient sums, and running ove: & sufficiently long period. Indeed all or nearly all the money needed for the war could have been so procured if our finances had been properly managed and a suitable system of taxation had been established. With ® revenue approximating that which we raise at present—and such ® revenuo could have been raised—the loans required would have been comparatively small, and the credit of the government, with such resources, would have stood so high that capitalists would have supplied money on easy terms; but, unfortu- nately, such a policy was not pursued. Like @ reckless spendthrift heir, who mortgages his estate regardless of the futnre, Congress mortgaged the industry and wealth of the coun- try to the amount of nearly three thousand millions of dollars within a period of four years, Nothing to be compared with this reciclessness and rainous mismanagement of a nation’s finances can be found in the history of the world. It was a great misfortune that we had not at the time statesmen capable of managing such important matters, But our present financial condition was not all the result of ignorance. There was a class of shrewd fellows and cun- ning politicians who saw they would make im- mense fortunes and acquire political power through the troubles of the country. Salmon P. Chase, former Secretary of the Treasury and now Chief Justice, was the head and front of these speculators. He flooded the country with paper money, which caused gold to ran up to a high premium, and thus enabled those who took the bonds of the government to get them at less than half their real value. Eng- land, in her most trying times during the great European war at the beginning of the century, never had her credit reduced so low. Yet our resources were almost boundless. A large class of bondholders was created who ob- tained their bonds ata very low rate, in con- sequence of the same Chase party having pre- viously depreciated the currency by flooding the country with it. Jay Cooke, a country clerk, but a shrewd fellow, was chosen by Mr. Chase as bis great financial agent. Mr. McCul- loch, who had also been brought from the Wost, first to be Comptroller of the Currency and thou Seoretary of the Treasury, wes another tool of Mr. Chase, We owe to Mr, Chase chiefly the whole of our corrupt end ruinous system of finance and currency, national ‘banks aud all. Jay Cooke is said to be worth six to eight millions ; Mr. Chase him- self is reported very rich, and a number of Chase and McCulloch's satellites and friends. are known to have made large foriunes. this bas been made out of the governm within four or five years, A na‘t flood of paper money and plenty ds at acheap rate, were indeed blessings to these fellows, One of them (Jay Cooke) asserted that a national debt was a national blessing, and he has certainly found it to-beso. But for Chase’s miserable system of finance and those speculators we should have specie pay- ments now; we need not have had a suspen- sion of apecie payments at all. © These mon seemed to control the legislation of Congress. The next step, after having got out a flood of paper money and the bonds at lesa than half their real value, was to estab- lish the national banks. Hore was another mine of wealth. The property of the bond- holders was increased in value, the privilege of ciroulating three hundred millions of cur- rency produced an immense profit to the banks, the trade and indusiry of the country were under their control, and a vast politi- cal machine was set going for the pur- pose of making Presidents and Congresses and for controlling the the republic. Now we find Chase, McCulloch, Jay Cooke and all their numerous associates and partisans making the most desperate efforts to perpetuate and fasten upon the country these national banks, their circulation and all their privileges, They wicld a vast power; and it ia yet to be seen whether there is stréngth enough in Congress to break up this infamous monopoly. Some successful move- ments have been made already to limit their power and privileges, but the great work re- mains to be done; that is, Congress should withdraw their circulation and substitute legal tenders in the place of that. This would be an immense saving to the government, and the national banks could bank on legal tenders just as well and still do a profitable business, The profit on the currency of the country be- longs to the government and people. It isan outrage to give it away to an overgrown monopoly. Let Congress drop political squab- bling and turn its attention to remodeiling our financial system, beginning with F national banks—these pet establishments of Chase, McCulloch, Jay Cooke and the other rich bond- holders and speculators. Symptoms of a Monoy Panic in Eegland, Our cable despatches of yesterday announcé the provaleace of distrust in financial circles in London, and that “ thé stock market is pros- trate.” It is quite possible that this intelli- gence comes to us ina slightly exaggerated form; and it will be well if subsequent tele- grams shall correct the impression which this is certain to produce, It will be in the last degree unfortunate for Great Britain if a money panio should arise atthe present moment; for it can have no other effect than to precipitate 8 orisis which ali tho world sees is impending, and which, even without such» cause, ib will be extremely difficult to avert. It is by no means improbable, however, that our cable roport gives @ faithful represontation of the actual state of things, Dulnoas has character- ized almost all depariments of trade in Eng- land for some considerable time past Tho success of Mr. Bright during his late politioal tour throughout the United Kingdom was the more easily won on that account, In some of the large centres of industry thousands are ott of employment, and soup kitchens abound, It was quite natural, too, that the intense excite- debt, a. destinies of PE A TR eT CT fink aka iad SHEET. not been improved, but rather the reverse, by the course which government has pursued since the opening of Parliament, The affairs of England are really io a critical condition. With a population needy and clamorous for reform, and with a ministry that refuses to be taught by the lessons of the past, and that either cannot or will not comprehend the situation, if a money panic should arise it is impossible to exaggerate the disasters which may ensue, Murders and Executions. Crime seems to be holding « high carnival. Not a day passes without its bringing its bloody record. Murders from revenge, from jealousy, from cupidity or from sudden outbursts of passion succeed each other in rapid succession. This week oponed with a terrible tragedy, the’ impelling motive to which remains unex- plained. An amiable lady, the wife of a re- spectable physician in New Jersey, was butch- ered by her own servant, apparently without provocation of any kind. The murderess, an Irish girl, belongs to a class of domestics who are usually remarkable for their kind hearted- ness and fidelity. There is some reason to be- lieve that the wretched woman who committed the crime was not in her right senses. Though she accomplished it in a manner which ex- hibited considerable self-possession and cun- ning, her appearance and bearing at the in- quest would lead to the conclusion that she is half witted. We trust the fact will turn out to be so. It would do away with much of the anxiety and distrust which a murder com- mitted with apparently so little motive must awaken in the minds of families living in iso- lated places, To-day we fill up another chapter in the catalogue of horrors. This time, however, it is not the fate of innocent victims that appeals to our sensibilities. The crimes which have shocked them have been expiated on the scaffold—always a mournful spectacle in a Christian country. We wish we could agree with humanitarians that such scenes are unnecessary, but we believe in the wisdom of the Mosaical law. if they were carried out more inexorably we would have fewer mur ders committed in cold blood. Of the four criminals that were to be hung yesterday in various paris of the country, one, a Rhode Island negro, obtained a reprieve. The other three, George Wagner, who was hanged at the Tombs in this city; Horace Greeley (philantbropical misnomer), who was exe- cuted at Charleston, S. C.; and Henry Gardiner, who was hanged at Elmira, N. Y., all richly deserved their fate. If there had been the slightest grounds for the remission of their sentences it is pretty certain that guber- natorial clemency would have been exercised ia their favor. The tendency in this country lies, unfortunately, too much in that direction. Hence it is that the use of the pistel and the knife has become so frequent among us. Until the crimes of murder and of assaults with intent to kill are deprived of the right of ap- peal from the criminal courts, and the preroga- tive of pardon is placed under proper restric- tions we must not expect that.they will exhibit any tendency to decrease. No criminal until he actually stands upon the scaffold ever considers that his conviction and sentence are final. Money or political influences have eo often succeeded in obtaining the pardon of like offenders that he may equally hope for his. What greater encouragement can there be to crime? With the majority of evil dis- posed minds the certainty of punishment is the only obstacle ¢o0 the commission of the offence. It should be the great aim of our legislators to give to the statutes against murder such sure- ness and swiftness of execution that it® will leave as little interval as possible between the crime and its punishment. Tho Veto—The “Gront Trib dout Johnson. The expected veto of the Reconsiruction bill is still delayed. From all that we can learn there has been a heavy demo- cratic pressure upon Mr. Jobnson in favor of the bill as a choice of evils, and he has been in a state of “great tribulation” for the last two or three days while preparing his veto mes- sage, whother to veto, to sign or to pocket the bill. It iq with him the experimentum crucis be- tween “my policy” and my place. The bill de- mands nothing less than an absolute surrender as the ultimatum of Congress; but, perhaps, jon”? of Preal- under a veto, with a promise to “see the law. faithfully executed” if passed over his head, Mr. Johnson may eseape, It is said there wasa long and anxious Cabinet consultation upon the subject yesterday; and no wonder, for the whole Cabinet are in the same boat with their chief, and with him will sink or swim. Mr. Seward, rumor has it, has been urging a veto with all his might against the counsels of wiser men, such as General Grant and Reverdy Johnson. The long agony will probably be over to-day or take ao fresh start with the de- livery of the veto message. The Last Grand Gold Swindle. Tho latest evidence which has been elicited of the recklessness of Wall street operators is fn the case of Mr. Ross;*the broker, out of which has sprung an amount of litigation which may be endless. In May laet this Mr, Ross, » broker, ig alleged to have quietly walked off with the snug sum of six hundred thousand dollars and betaken himself on board a steamer—employed for the occasion— to Brazil, leaving certain banks minus that amount. As the facts are stated it was a very deliberate and nicely prepared scheme, accom- plished within a few hours and wholly unsua- pected until the fraud was discovered. This only shows that the banks and the Wall street men, smart as they are, can be as eastly victimized as others. We have various instances of the same kind within a few months, An aged gentloman is robbed, almost before his very eyes, of bonds to the amount of million anda balf, Another gentleman loses several thousand dollars in notes; for the recovery of which he offers a reward, and “ao questions asked.” This affair of Ross, however, seoms to be placed out of the reach of the authorities by his absconding to # country with which we have no Extradi- tion treaty, and probably not a dollar of the money will ever be recovered. " These frequent defalcations, frauds, forgeries and robberios which characterize our banking and brokerage system may be attributed to two causes—the carelessness of mon who get their money easily and expose it to loss heed- lessly, and the too common custom of com- ment which prevailed all over the cotntry In regard to reform should aot as dead weight on alt departments of bysinoss, Matters have pounding with criminals, without any rogard - for the tntegrlty of publto justice, City Raltread Jobe and Jobbere Betore the Legislature. The proceedings before the Legislative Rail- road Committees in Albany would impress a stranger to our institutions with the belief that the streets of New York city and the valuable franchises which belong of right to the muni- cipality are the property of any jobber or speculator who may be fortunate enough to obtain the privilege of working the placer, Lobbymen who have schemes before the Legis- lature appear before the committees and assail each other and Senators and Assemblymen in- discriminately. We hear of fellows notorious in the corruptions and intrigues of the third house openly charging upon Senators compli- city with a set of atreet railroad jobbers in New York, and with having “sold out” and “gone over” to this or that rival scheme. The under- ground speculators take the lead in this impu- dent attempt to carry through their job by browbeating and threatening the representa- tives. There is something very suggestive in all this. It seems singular that a Senatorial com- mittee should sit patiently in their seats and allow a party of lobbyists to violate their privileges, and the privileges of the body they represent by: openly charging them with cor- rupt bargaining and with being interested in a Broadway surface railroad project. The public cannot cenceive any good reason for the meekness and endurance of the members of the Senate Railroad Committee, unless the charges 80 boldly made have some foundation. The committee owe it to ves to report against a bill which is attempted to be pushed through by such means. If after all the abuse and bullying and threatening they have en- dured from the projectors of the underground railroad in New York they report favorably on that absurb and mischievous job, they will find it difficult to disabuse the public mind of the impression that the insinuations of these impu- dent lobbyists have some foundation iu fact. The proceedings before the Senate Committee are quite sufficient of themselves to convince every impartial cit of the groas impropriety of bostowing any of the valuable city railroad franchises upon the men who are now demand- ing them at the hands of the Legislature with all the boldness and recklessness of highway- men. . Tho Bay of Samana—A French View. We publish to-day a translation from the Opinion Nationale, of Paris (February 14), on the naval and commercial importance of the Bay of Samané, island of St, Domingo, the purchase of which, it is gon- erally understood, was the object of Mr. F. W. Seward’s late mysterious South sea mission. The French journal in question is deeply in- terested on the subject. It says that “should the United States become masters. of the Bay of Samand it is evident they will occupy a prepoaderating position in the Antilles and will be able to set themselves up as sovereign arbiters of that archipelago.” Accordingly the possession of that bay by the United States became a question demanding the special at- tention of England, France and Spain. John C. Calhoun, as President Tyler's Secretary of State, understood the commanding position of St. Domingo, and acti negotiated to get a lodgment there in d of African slavery in the United States against the free black establishment of Hayti at the other end of the island, The object of our present Secretary of State in his West India voyage a year ago was a lodgment in behalf of negro emancipation as the new policy of the United States. It appears, also, that Mr. F. W. Seward might havo suc- ceeded in a bargain in his late visit had his sum of hard cash on hand been a little larger. It is to be hoped, however, that Congress. in due time will take the matter in hand, and provide the ways and means tor the purchase ofthe bay and port of Saman4, because “a pre- ponderating position” in the gulf of Mexico is not only the manifest destiny, but a manifest necessity of the United States. Street Cars, Horses and Passengers. The bill which Mr. Henry Bergh, the consti- tuted guardian of horses, cows, hogs and dogs, has now before the Legislature, regulating the number of passengers to be carried in our atreet railway cars, although ostensibly in- tended for the prevention of cruelty. to un- reasoning animals, will really, if passed, tend more to the prevention of cruelty to human ani- mals. It limits the right of railroad com- panies to carrying not more than twenty-five persons, which the cars accommodate, whereas they are now frequently packed with sixty ata time. This may be a blessing to the poor horses, but.it is also a security for com- fort and health to men, women and children who, if they are compelled to use the city railroads, as thousands are, are about the worst abused class of either human or dumb animals. The system now practised on the city railroads is nothing less than atrocious. The cars are nurseries of disease by day and dens of highwaymen by nigtt. Nobody's health nor anybody's pocket is safe while tra- velling in them. After nightfall these cars are literally delivered over to the mercies of gangs of highway robbers; for these fellows do not condegcend any more to the adroit process of pocket picking. They take possession of the cars, and, whether with the connivance or in deflance of the conductors, they rob pas- sengers by wholesale. A man with any valuables about him is actually safer in the region where the Mexican guerillas are masters of the situation, or the Abruzzi in Italy, than in the cars of the New York and Brooklyn city railroads. The directors know this and tho police know it, yet the system of brigandage is allowed to go on unchecked. If Mr. Borgh’s bill can cure this evil by preventing the companies from overcrowding the cars it will be about the best piece of legislation devised yet for this city. Craelty te Animals—Swill Milk. The criminal prosecution instituted by Mr. Bergh, President of the Society for the Preven- tion of Cruelty to Animals, against « milkman in Brooklyn, for keeping his cows chained togother in a confined, illy ventilated and badly lighted stable, is likoly to assume a new phase bofore the examination is completed, if indeed it has not done so already. From a charge of cruelty to the cows, within the moaning of the statute, it is probable that the facts may show &. worse form of evil, in the production of poisonous milk, the consequonce of disoases generated in the animals by the treatment to which they are subjected. Even if the crimi- nal charge of craelty to animals should fall to tho ground, the gommualty may havo reason to rejoice that Mr. Berg. posed a system of raising a. hundreds of people must eve. appeara that these cows—whic- sure plaintiffs in this action, dup «+ Plaining though they be—have been for min, months kept in the tondition described, and have been fed upon mash and other soft food, -and wholly deprived of air, light and exercise. Tt is not to be supposed, therefore, that their milk can be wholesome, If Mr. Bergh cam succeed in breaking up this system by the course he has pursued in the present case he will be conferring a favor upon the public, | The Hon. Ben Wade Nominated for Presidest ef the Senate. The republicans of the Senate have is caucus nominated Benjamin F. Wade, of Ohio, for President of the Senate, in place of Foster, of Connecticut, whose term ex- pires and who is superseded on the 4th ef March by Orris 8. Ferry. Foster is toe near the conservative pattern of Dixon and@ Doolittle to suit his party, and so he goes out. With the meeting of the new Congress, there- fore, on Monday next, Mr. Wade will become President of the Senate, and in the event of the removal of Andrew Johnson, acting Preal- dent of the United States pro tem. It is doubt less in view of this contingency that Mr. Wade has received this nomination. He has been sixteen years in the Senate, and was a tren- chant Northern radical when his party in that body was a mere corporal’s guard. In 1860-61 he and Andy Johnson were about the only members of the body of whom the Southera fire-eating rebel conspirators’ were afraid. They used to say, “Don’t provoke old Ben, . for he means mischief.”’ With such a man in the White House there will be no turther tin- kering or temporizing with the rebel States, and Southern representative men in Washing- ton, if they bave not taken this hintto use their whole influence with President Johnson to savo himself, will be apt soon to- find that they are out of the frying pan into the fire, The Tarift Bil ted. The high protection journals acknowledge @ with groans that the Tariff bill has been slaugh- tered. Who killed cook ait Who placed the winding sheet about this bill of abomina- tions? Those questions they are hardly pe pared to answer. But as, according to the well known axiom, “when rogues fall out honest folks come by their own,” a reply is hand. The Tariff bill was killed, even in the “house of ita friends,” by the grasping de- mands of the high protection lobbyists, and e want of compromise and co-operation among the protectionists themselves, Each separate monopoly considered the passage.of the bill certain, and only looked after its own hobby. Whenever the peouliar interests of the tariflitoe approached consolidation there was sure to be. wrangling and fighting, and the consequence waa Congress became disgusted and swept the whole botched-up concern overboard. ‘The friends of the measure think they will de better with the next Congress. That remains to be seen. ‘ Roworgp Onanozs Iv Tam Casivet.—We have fresh reports from Washipgton about ramored changes in the Cabinet. We do not place much confidence in them, especially when it ia intimated that Jeremiah Black is likely te become one of the President’s constitationad advisers in case of a change. President Johs- son might as well call poor old Buchanan him- self to his Cabinet as the latter’s ex-Attorney General. There was a time, some months ago, when Cabinet changes might have been reasoa- ably looked for. But it is now too late. Andy Johnson has allowed the golden moment for strengthening himself by remodelling his Cabi- net to slip by, and in these dubious hours ef reconstruction he finds himself considerably interested about his own fate. It is a serious question with him as to how he is to be recon structed himself, and he has but little time te devote to the reconstruction of his Cabinet Hence we do not anticipate any immediate Cabinet changes, Tas Juprorany Commirree.—It is given out that the Judiciary Committee of the House on the impeachment investigation will make a re- port to-day asking more timo, This means, we suppose, that they are seriously at work, and will ask to pass over their important labors te the now Congress for completion. MORTH AMERICAN CONFEDERATION. SPECIAL TELEGRAM TO THE HERALD. A Oanadian Kingdom te be Formed Under « Royal Priace. Mowrrraz, C. E, March 1, 1867. Tmmodiately after the union of the British Nort American provinces under the new Confederation Dill, and at the first reported meeting of the united reprosen- tativos, the provincial territory will be declared a king- dom and piacod under the rule of Prince Arthur of Nogiand. Prince Arthur is the seventh child aud thira fon of Queen Victoria, and it may be said that in name, reputation and character he will be as acceptable a ruler for the different people subject to her Majesty om thie aide of the oovan as could be selected, facts which were not, Tam assured, overiooked ia high quarters iu naming him. The young gontioman ‘s oamed Arthur Williaa Patrick Albert, haviag received his first name, by the Queon's command, in compliment to the late Duke of Wollington, and his third as a mark of the royal regard forthe whole Irish people, of whom the Duke was an illustrious representative. Prince Arthas lacks ouly a couple of months to complete the toonth year of bis age, having been born in May, He bears the title of Duke of Aaze, The healthy, well formed and robust, He is not only in his patronymics, but is the only one of the Queen's children who made his entry into public life in Ireland, which he did a couple of years since by attending at the annual examination ia the Royal Hibernian Military Academy in Dublin and dotivering the premiums to the sons of the soidiors who distinguished themsolves aa Pupils ducing the term. The Prmce delivered a speech— his maiden effort—on the occasion, So it may Be fairty Preeumed that he will prove himself both brave and sio- quent, and may, in his executive capacity, do muck towards neutralising tho Irish tondoncy towards Fonlan- tam in Amorios, MEXICO, coonat of the Affair Between Rocha Ota Ao ed Onatillo at Galliners. ‘Wasninatox, March 1, 1867. ‘The Mexican Legation received to-day official news from Matamoros, dated on the 10th ult,, about the on- gaqement of General Rooba, st Gallinero, with Majia's troops under Osstillo, which shows that it was s very After Miramon’s dofeat fi retreated to De- at San Jacinto on the inet. val s, bellev- Tho Morioan Legation bas also received official nowe from Proaident Juarez, dated at Zacatecas on the 6th ul ‘The Prosidont oxpooted to leave ins few dave for Ham Tarte Pata