The New York Herald Newspaper, April 8, 1867, Page 6

6 NEW YORK HERALD. , published cvery day in the year, Fourcents per copy. Annual subscription price, $14- THE WEEKLY HERALD, every Saturday, at Five Annual subscription price cents per copy. One Copy. Three Copies 5 Five Copies. 8 Ten Copies 15 Any larger number addressed to names of subscribers 83.50 cach. An ogira copy sill be sent to every club Twenty Copies to one address, one year, $25, and any larger number at same price, An extra copy wil! be sent to clubs of twenty. There rater make the Wrexty Heraup the cheapest publication in the country, TERMS cash inadvance. Money sent by mail will be fat the risk ofthe sender. None but bank bills currentia New York taken. Tho Catagorsta Eprmiox, on the Ist, Wth and 2ist of each month, atStx cents per copy, or $3 per. aynum. ° ‘The Eurorgax Epmow, every Wednesday; at Six cents per copy, 4 per annum to any part of Great Britain, or $6 to any part of the Continent, both to include postage. Apventisements, to @ limited number, will be inserted jntho Weexty Heratp, the European and Caliiornia of tea Editions . VOLUNTARY CORRESPONDENCE, containing im- portant news, solicited from any quarter of the world; if used, will be liberally paid for. KEPPONDENTS ARE PARTICULARLY REQUESTED TO SEAL ALL xg OUR Forerow Con- IBVTERS AND PACKAGES SENT US. Postage five cents per copy for three months, NO NOTICE taken of anonymous correspondence, We dc not return rejected communications. JOB PRINTING of every description, ing and Engraving, neatly and promptly executed at the also Stereotyp- 0 west rates. AMUSEMENTS THIS EVENL OADWAY THEATRE, FANcHon Broadway, Broome near YORK THEATRE, Broadway, opposite New York Gaierern Gaur. Broadway, opposite St. Nicholas Warrs. Matinee at 13g o'Clock. OLYMPIC TUEATRE, Broa —Tue ENcuantness. DODWORTH HAUL. 806 Broadway.—Proresson Haeta witt Perrone His Miacurs—L'Escamatkox axp His Farny SiNGING Biro. STEINWAY HALL, Fourteenth street and Fourth ave. nue. —Mas. Prosser's SUAKSPERIAN AND Portical READ- amas. IRVING HALL, Irving place.—Me. Kexnepy’s Secoxp ENTKRTAINMENT—TuE SONGS OF SCOTLAND. SAN FRANCISCO MINSTRELS, $85 Broxdway, opposite the Metessotitan Hotel—t turin Ermiortan Enrerrain- mE, 0, Goow-Rup Parren ano Bonuusques.—THe Buick x rrom Casta Diva. KELLY & LEON'S MINSTRELS, ™ Broadway, oppo. site the New York Metal —Ix tain Sows, Dang. Boone. quocneea, 2 Orn peR-Lrox. Baruer teoure—Nonwi—Tue Bro Doves. ADAGARCAR FUFTIT AVENUE OFERA HOUSE, Nos. 2and 4 Wost Fwenty-fourth streei.—Garenw & Cuatsrr's Minsrees.— Ermiotian Muvsreesr, Uaveaos, BURLEsQUES, &0.—Tne Brack Caoos—La Baiganpians. wn PAstORs OPERA HOUSE, 2 Bowery.—Coxrc a. Maaro Mixsrretsy, Boaumsques, Batver Diver- Tastuent. S0- AM Inisaual tw GREECE: LEY, WHITE'S COMBINATION TROUPE, at mccuentast Hall, 472 Broadway—In a Vaniery or Liar ano Lavomaste Enventainments.—La Stator QUE. HOOLRBY'S OPERA HOUSE. Brooklyn.—Ernrorray Mie ernetst, BaLiaps AnD BURLESQUES.—StREETS OF BROOKLTN: THE BUNYAN TABLEAUX, Union all. corner of ty-third street and Brgsdwas a = ee Min Ov mmx Pivcrin’s Procamss—Sixty MAGNIFICENT Soawes. Matinee Wednesday and Saturday at 3 o'clock. GREAT EUBOPEAN CIRCUS. corner of DeKalp and Fulton avenugs, Bropklyn, —Chooxxr’'s Dex or Witb Lioss, Sewsartonat Acts, &c. NEW YORE M pi im ANATONY, 613 Rroadway.— Heap saxo Fi Proast—Tue Wasninctox Twires— ie aronat History, Screxcr anp ARt. Leorvrss Daicy. Open from 8 A.M. till WP. M. TRIPLE SHEET. April & 1867. "New York, Monday, NOTICE TO ADVERTISERS. Advertisers will please bear in mind that in order to have their advertisements properly classi- fied they should be sent in before half-past eight o'clock in the evening. é THES WSaws. EUROPE. ‘The nows report by the Atlantic cable is dated yes- terday evening, April 7. in England the parliamentary opposition to the Derby ministry is determined to assal! the new reform bill ins most vigorous manner in the Commons. They expect to carty am adverse test resolution, which will, if accom- Pitshed, decide the fate of the Cabinet, United States bonds rated at 77 in Frankfort. The Paris Bourse was flat'with rentes at 66 francs. Our special correspondence by mail from Bertin em- ‘braces a variety of very interesting news matter. MISCELLANEOUS, Mexican advices, dated at Vera Cruz, March 22, say that the liberals wore only awaiting the arrival of artil- Jory to assault the town. General Diaz was attacking Pyobia, having driven the garrison within the plaza Our Havana correspondence is dated April 3. Three frigatos of the Spanish South Pacific fleet with Admiral Nunez commagding in person had arrived at Santiago de Cuba, The causes given for this movement are conflict. ing. Tho most important and probably the most reliable fs that Admiral Nunez is en route for Washington to represent Spain in the peace Congress proposed by Mr. Beward. The steamer RR. Cuyler was said to have hoon captured by the frigate’ Gaona and brought to Bantiago. Advices from Hayti report that Nissage Saget had assumed the reins of government and all was quiet. By way of Havana we bave intelligence in detail of the last news from British Honduras. The Anglo-Indian war difficulty was at an end, 90 far as actual hostilities wore concerned, but considerable excitement of a very unhealthy character prevailed in the colony. The Mahogany cutting inflaence of Eagiand was on the wane Our Southern letters recite the political situation in Wirginia, North Carolina and Georgia. In Virginia the Failroads need reconstructing more than anything else. A nogro has been nominated for Mayor of Lynchburg. Afuil account of the negro celebration om the Sd inst, in Richmond is given. ‘Tn North Carolina complaints of She laziness of the negross are general. In Georgia the element of mutual confidence is nll that is wanting to restore the State, The negroos aro doing better than heretofore, and are relapsing into the old systom of ( Numerous letters from our correspondents in the flooded districts of the Southwest will be found else. where, giving thrilling pictures of the derolation caused y the inundation. Governor Worth, of North Carolina, and Governor Orr, of South Carolina, are at Charleston in conforence prith Gonoral Sickles. The utmost accord exists among ‘the parties. . etd \ General Scot, Cofhmanding st Charteston, has advised ithe Creedmen mot to be so violent in the demands for PUDposed rights, He refers to the streot car riots, | Aa enthusiastic Conservative Union Convention was {held in Chattanooga, on Saturday, at which ive hundred nogroes and three bundred white people jwere presont, ive resolutions wore adopted. Goveraor Fenton bi ia memnge vetoing the ill Lo Lgerease the fare on the i Railroad, sad it i S ee NEW YORK HERALD, MONDAY, APRIL 8, 1867.—TRIPLE SHEET. A cermon was prenoted by Dr. Cheever last evening, at the Church of the Puntans, on national aud individaal opportunities aud the neglect ot them. He took the teas Luke nineteenth chapter and forty-fourth verse, and the principal portion of bis discourse was directed to the justice and necessity of universal eudrage,. He con- demued in very strong terms the adoption of a system of expediency instead of principle by the national Legis- lature A special sermon, was preached in Trinity church, Broadway, by the Rov, 0, HL Dutton, and a col- lection mado on bebalf of the Midnight Mission, Rev. Henry Blanchard delivereda lecture ep amusements at the Church of the Resurrection, in Brooklyn. The Excise law was very gonorally observed yesterday, all the roughs and hard drinkers having temporarily mi- grated to Jersey. Monzani, the burglar, who was killed by a policeman in Williamsburg recently, in addition to the crimes here- tofore laid to his charge, is said to have poisoned his wife's family because they caught him trying to steal their sewing machine, An affray occurred in Albany last night, in which a man named McLaughlin was shot and probably mortally wounded by another named Ellis, A third, named Bathrie, was fired upon but escaped unharmed. Eilis ‘Was arrested. The strike of the miners in New Jersey still continues ‘nd is increasing, Two thousand are idle or engaged with the strikers, and alt the mines in Morris county have suspended work. The strikers obtain credit at the stores as they have heretofore done, but it is only be- cause the dealers are afraid to refuse them. . No dis- turbance bas occurred as yet,. bat.trouble is seriously apprehended. Géorge W. Holden was prosecuted at White Plains recently by a Mrs, Youmans, for having offered her his seat on a Hudson River Railroad car, and other ‘‘out- Tageous conduct.” A verdict was rendered for defend- eat. Aconfidence man has recently beon swindling the ministers and religious societios of Springfleld, Mass., under various names, Nothing more ts beard of the riot in Luzerno county, Pennsylvania. The fires produced by tho great colliery explosion in Virginia are still burning, and itis believed they cannot bo extinguished inside of three weeks. San Francisco morchants have purchased vessels for the purpose of running an opposition line of steam- ships to New York by way of Panama, Arizona Tortitory has beon visited by a flood and Ari- zona city is inundated A fight with Indians occurred at the Mowry miae in Arizona recently, in which the Indians lost Ove warriors killed. A nophew of Senator Buckalew was danger- ously wounded. ‘Av express passenger train on the Pennsylvania Ocn- tral Raflroad was thrown from the track gear Wall Station yesterday by five cross-ties anda rall which were laid across the track. Four employés on the road were ta- jured, one of them probably fatally, but, none of the passengers were wounded. A man was arrested near the scene of disaster who confeased to having placed the obstructions in the way. ‘The Canadian Parliamont ia prorogued until the 16th of May. Influenco of the Telegraph Upon the Ex- changes and Financial Operations of the World. Electric telegraphs, and particularly those ocean telegraphs which connect continents and nations, ere producing a remarkable revo- lution in foreign exchanges and in monetary affairs generally, We see, howéver, only the boginning of the great change which mast be produced withia.a few year. For example, should # gentleman in‘London waut money at once from his business house, friends or agent in New York t0 make some purchase or to enter into some business transaction promis- ing tempting profits, or if he wishes to travel on the Continent and needs It for that purpose, he immediately: telegraphs, and the same day ornext morning he is informed that so many thousand dollars in gold have been deposited with bankers here having London connections. The banking house in England is notified of the fact at the same time, and ho is enabled to draw the money. This may all be done in a day or even within a few hours. Before telegraphic communication was established through the Atlantic cable a person in such circumstances would have been compelled to wait nearly a month for the funds he required. In the meantime he might have lost the oppor- tunity of using the money profitably or agree- ably. The amount would have been sent, pro- bably, in the usual way by bills of exchange. Suppose exchange were against New York, as it generally is, say two per centabove par—he would lose two hundred dollars in the trans- mission of ten thousand in this way. If the gold were to be shipped, which is a very in- convenient mode of transmitting funds, the freight and insurance would amount to nearly the same. Then there is the use of the money and the interest on it, which would be lost to the parties during the delay. Now, as we have said, the telegraph remedies and changes all this, and gives a person who happens t6 be in Europe as much and as.ready a contro! over hie money in New York as if he were at home, ‘and that without having to pay bankers or exchange dealers for handling it. We mention London and New York by way of illustration, but our remarks apply also to other com- mercial and financial centres connected by telegraph. The time is not far off, probably, when bills of exchange between this country and Europe, and even between other parts of the world, will be as unnecessary as between New York and Phila- delphia. The business in these haa been an immense and'a very profitable one to the bankers, and particularly to those of London. British capitalists have made London the finan- cial and great exchange centre of the world, and consequently have made all nations tribu- to their wealth. By a skilful and well ablished system they keep the course of exchange in favor of England. It is not so by accident, but from able management. The Bank of England and all the great capitalists, as well as the government, keep this object constantly in view; for it is an immense power and brings vast wealth. One of the earliest and ablest British financiers, Sir Thomas Gres- ham, laid down the policy which has been pur- sued ever since. He induced Edward the Sixth to farnish him with the means of turning exchange in favor of London as between that city and Antwerp. By the use of a compara- tively emall sum, but by using it every day se. cretly and skilfully, he was able ina short space of time to raise the exchange on London from sixteen shillings Flemish for the pound sterling to twenty-two shillipgs, By this he was enabled to discharge the debt of a hundred and: cight thousand pounds which the King owed at Ant- werp. He knew well, as all British statesmen nd financiers have kaown since, the immense value of having exchange in favor of England, The same great man recommended Queen Eliz- abeth to to depart from the practice of her pre- decessots in negotiating loaas abroad and to secure them for the capitalists at home, thus Preventing a drain of money from the country to pay interest and making her own subjects more interested in the stability of the govern- ment. But with regard tg exchange, which the English have had the wisdom from, that will soon become ina # thing of the past, The tolegeaph, ag we bare | meaning” of these reconstruction lawa of Con- said, is doing away with that. Hereafter it will not be so much the able management of capi- tal in ove particular locality that will give control over the exchanges and financial ope- rations of the reat of the world—that control of power will be found in the amount and value of the productions of a country. Eng- land, which has nearly reached the limit of production, will find by and by that her money bower is gone, notwithstanding her abundant cheap pauper labor. The United States, with resources almost boundless and more various than those of any other country, and with a vast population that is intensely active and very inventive, must become shortly indepead- ent of the influence of foreign capital. In a word, the old artificial state of things will have to give way to that which is real and substantial. The telegraph is destined to produce a similar revolution in commerce. Merchants making shipments of produce or goods used to wait a long time for advices by mail from their correspondents, and all their calculations ‘and transactions were made consequently in accordance with the delay. Now the mer- chant -in. Liverpool: kaows of a shipment of cotton to him at New Orleans the same day it is made; the merchant at New York knows in- stantly a cargo of merchandise is shipped to him in Europe, and it will not be long befor2 the merchants trading in and with China and India will hear of the rich freights coming to them even before the vessels have weighed anchor. Of course their transactions in having bills discounted and in the conduct of their business generally will necessarily undergo a great change. Everything will be quickened and vivified ; credits and discounts will be done away with in a great measure, and money will be turned over threo or four times where it used to be turned over once. The telegraph will tend to equalize values over all the world. The numerous intermediate agents who here- tofore have absorbed most of the profits of commerce will bo dispensed with, and the producer and consumer will be brought much nearer cach other. Such aro some of the ex- traordinary changes that are about to be made. It may take some time to revolutioniz? the old established system of business, hut we shall soon begin to sea and feel the change that is inovitable. Speeock of General Sicklos, The tate speech (which we publish to-day) of General Sickles, as Commander of the Second Southern Military District, before the Charleston Board of Trade, is tho speech, as the intelligent reader will perceive, of an officer who understands his position and re- | sponsibilities, the work before him aad th people with whom he has to deal. -Upon one very important matter bis assurances and ‘hi opinions caanot fail todo good. We refer to what heaaid of Northera public sefitimaat regarding the South, and “ths true intent and other testimony looked forin the Surratt trial, will doubtless give to it much of the interest of a new case. ‘The Situation in Kurope. Yesterday’s cable news relating to the situa- tion of affairs in Europe and the. continued prospects of peace cannot be said to be re- assuring. The Luxemburg question after i? does not appear to be settled. Holland is e' dently ina strait between two. With Napoleon palling in one direction and Bismarck pulling ia another, the position of the little kingdom is enything but enviable. The Duchy of Luxem- burg formed part of the now obsolete German Confederation, and the King of Holland, in vir- tue of his title of Grand Duke of said Duchy, was entitled to a seat in the old German Diet. Laxemburg, concerning which the present diff- culty bas arisen, is a fortified frontier town situated inthe Duchy of the same name. Since the close of the late German war Count Bis- marck has rather imperiously insisted, without any regard to the wishes or iaterests of Holland, that the Duchy, with all. that appertains to it, should form part of the North German Confed- eration, and be specially under the control of Pruasia. Napoleon, on the. other hand, has very naturally encouraged Holland in her not unreasonable opposition to auch demands, and more recently, it appears, hay proposed or actually entered into arrangements by which the Fortreas of Luxemburg should be ‘per- manently ceded to France. Some hitch, it is manifest, has taken place in the proceedings. A few days ago, it was announced that the negotiations had been suddenly stopped. Yes- terday’s telegram informed ua that the Emperor was hesitating to releas> Holland from her en- gagements, Luxemburg, it is clear, is the stake which is being immediately played for. Holland cannot retain it but with the joint consent of Prussia ani France. Whether Hol- land will be allowed to retain it, in the char- acter of a neutral, or whether the rightful ownership will be determiaed by a recourse to arms remains to be seen. In Great Britain the Reform Leagues are mustering their atrength quietly, but with great efficiency, fora grand contest with the aristoc- racy at the polls during a general election. A cable telegram informs us that the Parliament - ary liberals and radicals, under the lead of Mr. Gladstone, have resolved to give the Derby Reform bill, lately expounded by Mr, Disraeli in the. House of Commons, a most determined opposition, and bring the quostion to 4 test vote division as soon as possible. Thoy are, it is said, confident of obtaining a majority ad- verse to the Cabinet, in which case Eart Derby will tender his resignation as Premier to the Queen. ‘This event will most likely fexd to a general election, by dissolution of the-Parlla- ment, all.over the threo kingdoms, and a gen- eral election held. just af the present moméat may induce political results ofa character most serious. for England. The general debate on the Reform bill commences this day. Moanwhile, what with complications of a war- like character inthe West, and complications of & much more serious character fo the East, it is not much to be wondered at that the far-seeing and the intersated should begin to tremble, and that distrust should make itselt manifest in political and financial circles. How Napoleon must détest this illtimed and apparently ill- stare Exposition! Floods in the BSouth—Daty of the General Govorament. ‘The Mississippi valley has recently beon the scene of fearful devastation. Our special cor- respondence from the South gives some vivid pen and ink sketches of the results of the late floods which have broken the levees at various points of the river and covered thousands of acres of the richest cotton and sagar lands of the country, reducing the inhabitants to des- titution and depriving us of vast crops of these staples. In the State of Louisiana alone two millions of acres were submerged during the past winter, and’ thus rendered wholly unproductive. This region of country raised in 1860 over sixteen millions’ worth of sugar, nearly six millions’ worth of molaagses, two millions’ worth of cotton, and six millions’ worth of corn—thirty million dollars’ worth in all. The internal revenue tax upon this amount of cotton, sugar and nidlasses, if raised last year, would be eight millions of dollars. When we consider that this loss in productive- ness and revenue refers only to one section of one State we can imagine what the total ‘loss in the great Mississippi valley must be. The commerce of the country cannot afford to lose this contribution to its prosperity, even to the extent of one year’s crop, and some measures should be immediately adopted to repair the damage to the broken and dilapidated levees, and the government should look to some pre- ventive in thismatter of periodical riparian overflow. The levees ‘hitherto constructed were rude embankments of earth and logs, oc- casionally. protected by imperfect masonry, which offered little or no resistance to the force of the current at certain points where it poured with immense power at regular periods Of the year with almost scientific precision, and absolately no resistance at all to the attacks of rats, crayfish, and the thousand other animals known. as “borers,” which are the most fruitful causes of crevasses in all embank- ments. on a water front. During the war these levees ‘were entirely neglected ; some were employed as batteries and some alto- gether destroyed by the vicissitudes of war. Before 1860 they were kept in partial repair by State ‘appropriations and by the planters themselves. It {s unnecessary to say that the Southern people have no capital now to restore them, no State taxes coming in from the devastated lands to assist in such 4 work, and they are therefore dependen} fipon the general government or Northern capital to rebuild the levees and save their millions of sores from perpétial waste. It is pretty vi- dent “iat the old style structures are nejthor ate nor economical, The absolute need on the Mississippi river is a succession of impervious tron dikes to resist the pressure of the floods at certain known points where crevasses periodically occur. These would be proo? against the force of the current, and would effectually defy the encroachment of all destructive animals. While the extent of human misery {ovolved in these late calamities by flood in the South calls forth all our sympathies and claims our Aid for the sufferers—and how sad the calamity fs we are tersely told by our Memphis cor- fespondent, who says “recondtruction. and military disttiots are unthought of; wide- spread destitution aad misery aro every whgre gress. These moastres, he says, “have not been adopted with any purpose of retaliation or hostility, nor to impede or impsir the pros- perity and welfare of the South;” that tho people of the North do not desire to maintain a military government anywhere in this cquatry ; but that, while they desire on the ofe haad to secure the emancipated blacks uader the, new order of things, they desire at the same tim? to bring the two races South iato harmonious re-- lations, not only in view of the intsreats of the nation at large, but in view of “the great and substantial blessings that must follow to the people of the South.” “It is in this sense and with these hopes,” says General Sickles, “that, 80 far as my duties are concerned, these acts of Congress will be executed.” The line of policy thus marked out ie the true one; and we are gratified to believe that it will be pur- sued in good faith not only by General Sickles, but by all the other district commanders in the South, Accordingly we anticipate no mote trouble in this work of Southern reconstruc- tion, but a harmonious execution of the laws and an early restoration of every State con- cerned to Congress and to a new era of mate- rial development, social order and general prosperity. Growth of Brooklya. The rapidity with which Brooklyn is being built up is really wonderful. A quarter of a century ago it was little more than a good sized village, and now it is the third city in the Union. It has an opera house, theatres, a park and a Common Council which supports jobs—so that it possesses all the elements of civilization. If it continues to progress in the same ratio for the next ten years it may even dispute with us our metropolitan pre-eminence. Jersey City and Hoboken are also making rapid strides in-population and wealth, with ® prospect of still greater progress, from the |’ fact that thousands of acres of its swamp lands are now being reclaimed by capitalists, This will prove # vast additional area for building, manufacturing an? agricultural purposes. Owing to the narrow conformation of our island and the difficulty of getting up town with any degree of comfort much of the population which we might get will necessarily continue to flow in these other directions, They are more convenient to Wall street and other busi- ness centres, and as commercial men have no time to lose they naturally choose the neigh- borhoods which are most easily accessible. It is obvious that unless increased facilities of up-town travel are provided the growth of our city will be entirely arrested in favor of that of our sister cites. Something must be done, and that speedily; otherwise we shall have constantly increasing taxes without a proportionate increase of population to assist in defraying the burden of them. ~ Booth’s Diary. It appears that on Saturday last Judge Ad- vocate General Holt, Hon. John A. Bingham and &. ©. Carrington, District Attorney, had &long interview with the Attorney General of the United States on the case of John H. Surratt, whose trig] comés on at the present term of the Gourt, before which he is to appear. His counsel, it further appears, have ron a By vw: for the issue of a writ com- pin Holt to produce the diary of a, which fe fa hfs pdasdasio’ {Ghd fk is SSihe, jectured that this was the subject of the afore- said official consultation among the govern- ment counsel. The Hon. Ben{Butler would have us believe that Booth’s diary, when brought to light and duly inspected, will disclose some terrible things; but Butler, when brought to the test of making good his charges and insinuations in this matter, will fost iikely make of thom another Big Bethel or Fort Bisher flasco. Novertholoss Booth’s diary, although “written after the fact,” and | apparent, and demand every thought, sympa- thy and -effort”—this is something more than @ case of individual suffering. It is 9 matter of national interest which should not be over- looked. It therefore behooves Congress when it assembles again to make an appropriation for this purpose, at least to the extent which the State of Louisiana bas asked for, upon the guarantee of the government swamp lands. Northern capitalists, too, might apply their money to less profitable as well as less gene- Tous purposes. ‘The Increase of the Frouch Army and Navy. Our correspondence from the naval port of Rochefort, ‘published yesterday morning, presenta some interesting details of the pro- gress of Napoleon’s plans for the increase of the French navy. In that quiet little out of the way port, to which few travellers ever find their way, and where, therefore, the operations in the navy yard can, be conducted on a large scale without attracting any general attention, it appeare that six now vessels, four iron-clads and two-wooden vessels, togethor with » trans- port for the scoommodation of ‘two thousand horses, ‘are: in’ proces of ognstructien and in- tended to be completed daring -the present year. In the :yards of Cherbourg, Brest and L’Orient the same activity prevails, and it is evident that Napoleon has’ some gravd desi in view, for the accomplishment of which perceives the necessity of an“addition te his navy of a’ cousiderable- numer’ of the class and character of vessels which are in process of construction in these yards. At the same time the project for the reorgan- ization of the army,a plan which virtually makes France a nation of soldiers, inoreasing her army to one million two hundred thousand mn, is being pushed by the government in the Corps Légistlatif, and by the aid of the large goveroment majocity in that body will un- doubtedly become a law. When ihis is done, with a powerful navy and an armed nation Napoleon will be prepared to commMnce his practical operations for the greater develop- ment of the power, for the greater aggrandize- ment of territory and the greater military and naval glory of Franco: -Preeisely what these projects are the progress of events only can develop. The questions of thé annexation of certain territory to France have already assumed positive form, and relative to the latter strong and significant “feelers” have been thrown out by the government press in Paris. But it would be on a par with bringing out a park of artillery to slanghter a flock of quails to make all these immona> military and navel preparations for the conquest of Belgium. Prussia could-not seriously object to the ineor- poration into: French: territory of:'a kingdom the Iatger majority’ of whose ‘mibjeots are french in their language and manners aad modea.of life and thonght 7: and: England, who, stood quietly with folded .bandé:and lodked calmly on at the despoilment of Denuiark; would certainly aot be disposed to oppose the Emperor in thts; and none of the other nations of Europe would have any serious, practical cause or disposition for interference in the matter. The Emperor is unquestionably” pre- paring for weightior and more con- tingencies. Franc» chafes under the, rapidly developing nationalisation of Gotmany, and the Emperor’ is sore still at the thought of his having been outwitted by Bimacck; and in France the universal fecling provails that afier the close of the Exhibition the Emperor will bo disposed to call Prussia to account for her un- expected successes and the results of the last summer’s war. It is questionable, however, whether in such an event the martial spirit of France could now be sufficiently wrought up to make the Frenoh people willing to bear the sacrifices that it would entail. Since the introdaction of rail- ways and telographs and the development of national industry, the growth of the manufac- turing interest and the increased.importaace of the commercial one, Francs is becoming a much more practical nation than formerly—not eo eager for military glory, but more inclined to pursue the peaceful path of industry on the road to material wealth. The army reorgani- gation scheme now before the legislative body, and which virtually converts France into a nation of soldiers, which creates an army of twelve hundred thousand men without any ap- parent partiontar cause therefor, is encounter- ing great opposition among the people of France—creating not merely-a vague’ disquie- tude, but a positive demonstration on. their part, which, if it becomes too formidable, may cause the Emperor to abandon or at ‘least seriously modify, his military projects. A petition has been transmitted’ to the Em- peror, signed by neatly two huadred heads of families in a single little commune, protesting against this enormous increase of the army at atime when France is menaced by nobody. This petition clearly sets forth the gricts and sufferings. of the raral population, upon whom the burdens of the conscription fall with their heaviest force. Fields left unoultivated for want of hands to till them, the work nearly all done by old mon and girls and women, are some of the results of the terrible conscription, which takes from the farm and the workbench the very flower, the bone and sinew of France, and makes it e burden and an expense instead of a means of valuable productive industry, A correspondent who has recently been travelling throngh the agricultural districts of the centre of “France informs us that everywhere, among all classes of society, the ‘®o'ueme for the increase of the army is.exces- sively unpopular, and that its conception and development have done more toward diminish. ing the popularity of the imperial government throughout France than any and all its other ‘acts combined since the establishment of the empire. Such petitions as the one referred to might'be obiained ‘by the thousand, with hun dreds of thousands of signatures aliached to them, but for the fear which the repressive system has inspired in France, particular; among the rural population—the fear of offend, dng tho government by opposing its plaas— the fear of offending the Prefect and the Mayor, who represent the government and. exercise the imiii¢diate surveillance over them. The French have always been treated by their gov- ernment as 8 nation of children, and they still feel and follow inthe leading strings, This army organization scheme, however, seems to have awakenad:them more than any which the government has ever attempted to put into practical operation to the necessity of opposi- tion and complaint, and it may be yet that the pressure against it will be so strong that the pons cra ay nee the necessity of seriously The Last Fatal Dolinquency. The old truism that “a man conxinced against his willis of the same opinion still” will aptly apply to those old, unreconstracted democratic Bourbons, North and South, trained in the constitutional fallacies of Calhoun. The Charleston Mercury, for example, ta a late issue, contends that as long as the:old national democratic party followed its Southern leaders it was all right, but that when it began to make compromises it began to lose ground, and that “its last fatal delinquency was ® refusal at the Charleston Convention ( give a pledge to support the decision And Supreme Court of’ the United States’ in the Dred Scott case,” and that: this broke up the party, produced the election of Mr. Lincola and brought on the war.” But this is a mis- take. The “last fatal delinquency ” of the democratic party was that Dred Scott decision itself, with its shocking declaration that under the constitution a negro in the United States “has no rights which a white man is bound te respect.” It.was that decision, with its aweop- ing concessions of power to the institution of x slavery, that brought the Northern ‘ squatter “+ sovereignty ” democracy to the ultimatum ofa =~ |. rupture atCharleston, anddestroyed the power , ‘of the Supreme Court as a political party machine. The consequences, we dare say, will st] be remembered and respected by the Court in » its approaching, judgment upon the pending * |; ‘Mississippi application for an injunction a against these Southern reconstruction laws of Congress, The “Inst fatal delinquency” of the democratic party, we hold, was the foolish attempt to reverse in the Supreme Court upoa political issues the judgments of the sovereign people. Southern rebellion, subjugation, revo- tution and reconstruction have followed, and another experiment in the shape of a Dred Scott decision will result in the reconstruction ofthe Court itself. Strikes and Riots, We published yesterday some very threaten- ing accounts of riots in Penusylvania, and some } anticipated disturbances to-day in New Jersey, arising out of strikes on the part of laborers in the mining districts, and an attempt on the part of the strikers to coerce the men working for wages less than’ those proscribed by the malcontents. Movements of this kind cannot be too severely condemned. While labor is undoubtedly entitled to its due reward, vio- lence and breaches of the public peace are not. the proper methods to séeure it. The principal cause of labor strikes: may be found in the ten- deney of people to flock to large cities and overcrowded communities in search of work while there is really plonty to be had in a thodsand places remote front the great centres « of trade-and manufacture: Foriastence, while ‘unemployed labor is disposed to become cle-...»- morous from time to tine in dur large cities, and complaints of thé Insuffloloncy of saiyes to conflicts between employés aad employers, there is abundance of work todo in the coun- try, whore, in Le poeenerony production of yield rich and profitable crops. The concen- tration of labor in large centres, therefore, is a mistake from which the working classes them- eelves are the greatest sufferers. ‘ Oor or Tae Frruvo Pay oro Tas Fma—Gen- eral Santa Anna—in abandoning the cause of the Mexican Liberals, and in going over to Maximilian at this Inte hour of the empire. If the old General must be engaged in somo revolutionary plot there is a better opening for him now in Hayti than in Mexico. acetal tncabtindd “Warne ror Soupramse to Tory Ur”—The Impeachment Committee, which has suspended its investigations and adjourned till the Ist of May. The Voto of the Central Rallread Fare Bill Prepared and to be Sout to the Senate Te- Day. ALaasy, Aprii 7, 1867. ‘The Governor to-morrow night, to which time the Sen- ate has Will gona in ‘his voto of the bilt per- ‘mitting the New York Cootral Raitrond Company to Increase their rate of fare. This is positive. Thedoca- ‘ment was prepared on Saturday did would have been ‘sent in on that day had not the Senate adjourned half an hour before the usual time. e CONSERVATIVE UNION CONVENTION IN CHATTANOOGA, TEN M. Caarraxooga, April 6, 1867, ‘The Conservative Union County Convention was held to-night to elect delegates to the State Convention, with- out distinction of race or color. It was the largestand Most enthusiastic meeting held here for five years. About five bundred colored and three hupdréd white People were present. The officers of the meeting are all the original Union men, and the speakers the same. The Convention was addressed by W. T. Letéher, one of the leading colored citizens, who Just before the adjourn- ‘ment said, it he was fit to vote he was fit to sit on a jury and hold office, He had been told that the conservatives ‘wore hostile to the colored man. What he heard to- night set him to thinking of going to read, study asd vote for himself. Resolutions were adopted in favor of the return to the constitution, to oppose Governor Brownlow, in favor of a more liberal school bill, and the economical adminis tration of the government SALUTARY ADVICE TO TW FREEDMER. Cuanteston, April.6, 1667. General Scott, Commissioner of the Freedmen’ Bureau for this State, has issued a eircalir ¥o the freedmen, deprecating the violent Posed rights, and coup gur toe vans woo e5 courts for redress for Wronge, ‘Tho-letter refers to the recent street car distarbances, woll armed with guns and rifles, | —————— ELECTION FOR MAYOR OF LOUISVILLE. ’ Lovevitet, Ky., April 7, 1967. Philip Tomppert, independent democtat, was re- elected Mayor yesterday by 2,018 tiajority. Tho total vote polled was 9,072, WEW ORLEARS RACES. — Naw Onueane, April 6, 1867. ‘The apring moeting of the Metairie Jockey Club opened to-day ander very favorable auspices, The woathor was fino, the track in good order and an unusually large namber of persons was present, Tho first raco was @ ; mile and @ quarter dash, and was won by Mollie Austin— time, 2: ‘The second race, mile heats was won bys > Nottie eate—time, 161%, > teat