The New York Herald Newspaper, April 27, 1867, Page 6

6 NEW YORK HERALD. JAMES GORDON BENNETT, PROPRIETOR. JAMES GORDON BENNETT, JR., MANAGER. senennnntnne BROADWAY AND ANN STREET. Wolame XXXL... ee reeeecceseeseeeeseees “aM USEMENTS THi> AFTERNOON AND EVENING, ROADWAY THEATR: Pp ~ —Lirtié Bakeroor. Na Broadway. near Broome tinee at 134 0°Clock—Fancnox NEW YORK THEATRE. Broadway, opposite New York Fotel.—Pxxpita, tax Kova, Mivxmaip—Me, anp Mus. Pores Warts. GERMAN STADT THEATRE. 45 and 47 Bowery.— Jaan Magpcaen UND Kein Mawn—Das Zv@emaveers Fensree. OLYMPIC THEATRE, Broadway.—Crows Diamonps, IRVING HALL, Irvii lace. —Me. axp Mas. How. Paves Shao Piuswnit Concenae bs Cosrums. 4's STEINWAY HALL, Fourteenth st: nue.—Gaanp Bexesit Concert to Me. SAN FRANCISCO MINST! 8% Broads ppaee ‘RELS, way, and Fourth ave- . Wippows. opposite the Mi tan Hotel—'s °rteim AUN ments, SINGING, “Dancing axp Boacesques.—| Buck Coox—L'ArRICAINE, KELLY & LEON’S PE Ms ER Rt 720 Broadway, oppo- siteine New York Hotel. ix tama Soxas, Dances. an Eccan- ‘Triorres, Burtesqurs, &c.- j—MapagascaR Bacver TROUPE—M ATRIMONY. FIFTH AVENUE OPERA HOUSE, Nos. 2 and ¢ West ‘Twenty-fourth street-— GRIT Cunistr's Marsrants — Eptouas Morvester, Baccapay ‘Buetreavas, ken! Buack Croox— ‘waeuime” Matinee st 2% aClock. TONY PAstoms) OPERA HOUSE, 201 Bowory.—Couic Yocasons. Necro Minstretsy, Burixsques, Bauusr Diver- ‘TISKMENT, 40.—THe Forty Femate Jack SuErraxps. Matinee at 2}¢ o'Clock. CHARLEY, WHITE'S COMBINATION TROUPE. | at Mechantes’ 472 Broadway—Iv a Vaniery or Licut inp Lavosasus Exrsnvainwcers—Tus 'Masceo Balt. Matinee at 234 o'Clock. HOOLEY'S OPERA HOUSE, Brooklyn.—Eraiortan Mix- emextsy, Battaps anv BunLEsquss. NATIONAL HALL, Harlem.—Pror. Harrz's Soin AgiQuE. THE BUNYAN TABLEAUX. Union Hall. corner of Twenty-third street and Broadway, at &—Movina Min- RoR OF TE PiLGri’s PROGRESS—Stxry MAGNIFICENT Scenas. Matinee Wednesday and Saturday at 23¢ o'clock. NEW YORK MUSEUM OF ANATOMY, 618 Rrondway.— Heap axp Ricut AnM oF Pxonst—Tie Wasurtncton Twina—Wonpers 1m Natvrat History, Scixxck axp Arr. Lecrures Daity, Open from 8 A.M. till WP. M. NATIONAL ACADEMY OF DESIGN, corner of Twenty- third street and Fourth avenue.—Exsimrion oF PICTURES ann 8 ones BY LIVING Axrisrs. TRIPLE SHEET. New York, Saturday, April a7. “4867, REMOVAL. The Naw Yorx Heratp establishment is now located in the new Heratp Building, corner of Broadway and Ann street. THE NoWS. EUROPE. ‘The news report by the Atlantic cable is dated yes" terday evening, April 26. Peace rumors were freely circulated on the Paris Bourse and a financial reaction ensued. Prursia, it was said, tended towards concession to France on the Lux- emburg question, King Leopold, of Belgiam, 1 re- ported to have taken to Napoleon a Russian plan for the neutralization of Luxemburg. Prussia ret uses to entor- into lengthy Parliamentary discussions on the Luxem burg affair in order to avoid ‘further complications.’’ Consols closed at 92 for money in London. All American securities advanced during the day. Five- twenties closed at 6934 in London, and 1234 in Frank- fort. ‘The Liverpool cotten market closed very active at an advance, middling uplands rating at 11d. The trade re- por. from Manchester is favorable. Breadstuffs firm and advanced. Provisions firm, Produce unchanged. Our special correspondence from Rome shows that the revolutionary movement has given exciting evidence of & renowal of action in the shape of posted placards from the National Committee, in which the people of the city ‘were duly informed of the programme of the leaders and @Avisod how to demean themselves while they await the moment to strike. Garibaldi, it is thought, will resume the command. ‘Tho great strategic value of the possossion of ‘the for- troas and territory of Luxemburg in the event of war betwoen France and Germany is set forth in an article in a German journal which treats of the available points for an invasion of France, and vice versa of an invasion of Germany from France, the aggressive power concen trating its force at Luxemburg. ‘The emigrant exodus from Ireland to the United States is rapidly increasing to a full tide, nine steamships en- geged in the transport having left Queenstown harbor alone within a few days. ‘The imperial French yacht Jéréme Napoléon in re turning to Havre a couple of weeks @ brought on her deck from England a small sailing yacht of about ten tons burthen which Prince Napoleon got built at Comes, THE CITY. ‘The steamer Louisiana, from Liverpoo!, which has Deon detained at Quarantine by the Board of Health since Thursday, will, it is said, be permitted to come up this morning. Seven deaths have occurred among her passengers since leaving Liverpool, mosily childrea of the German emigrants, from fever and dysentery. ‘The examination of witnesses in the Gardiner will case was continued yesterday at the Richmond County Court, Judge Lott, of the Supreme Court, presiding. Henry Bookman, one of the heirs, and David L. Gardi- nor, contestant, testified. Occasional portions of the testimony, which allude to the political squabbles be- tween the contestant and Mra Julia Tyler and her family, are spicy and interesting. In the United States Circuit Court yesterday, before Judge Shipman, the case of the United States against Lacien Brown, ® pension claim agent, and others, was resumed, The defendants are charged with forging a false certificate, or widow's pension claim, on which they drew the sum of $401, the amount of a government pen- sion dee a widow named Bridget McArdle. The case for the prosecution and for the defence being closed, Judge ‘Shipman will sem up this morning at half-past ten. Part 1, Superior Court, and the Common Pleas General Torm adjourned yesterday for the term. Ab appeal was yesterday heard in the General Term Common Pleas from a decision of the Court below in the case of Thomas J. Jones va The Firemon's Fund In- surance Company. The plaintiff had insured his stock of fireworks, which was destroyed on the 25th of Augnst, 1866, nh the defendants, and they disputed payment of the insurance on the ground that he had violated an ordinance of the Common Council regulating the storing ‘and keeping of such goods, and also that they only in- sured common fireworks, and not brilliant colored fires. The Court directed the jury to bring a verdict for the plaintiff, and the insurance company appealed from that direction. The Court reserved its decision. In the Superior Court, Part 1, yesterday, an action Was brought by Charles McCarthy to recover $5,000 damages from Joseph W. Duryee for the death of his Gaugbter, which was alleged to have been caused ‘through tho negligence of a driver of the defendant. ‘The child was passing slong Cherry street on February 26, 1866. when the defendant's horse, which had been Joft standing on the sidewalk, while the driver removed some boards, which prevented him from going into de- fendant’s lumber yard suddenly started and ran over her, thereby causing her death, The jury retarned « Verdict for the plaintiff for $750 and five per cent allow- ance. In the Supreme Court, Chambers, yesterday, a motion was made in the case of Allen vs. Bridgers, to strike out portions of the answer on the ground of irrelevancy. ‘The sotion is brought for conversion of $30,000 worth of property in North Carolina, in the year 1862, after the subversion of United States suthority, and the property was purchased at s sale under the Confiscation act, by virtae of @ decree of & State court, The motion was domed. ‘The General Term and Circuite of the Supreme Court adjourned yesterday rine dt. The splendid steamship City of Baltimore, Captain McGuigan, bélonging to the Taman line, will leave pier 45 North river at noon to-day for Liverpooi via Queens. owe. The mails for the United Kingdom and the Con- NEW YORK HERALD, SATURDAY, APRIL 27, 1867.—TRIPLE SHEET. Se eneneiSIe {C70 STUN as 8 un em Nee alae ews J Rael wo Like Ee oe 2M co as ain (at er SE enn ne enor yannapapepanebaiepn--entiniiveereesee ns tinent, via Queenstown and Liverpool, will close at the Post Office at balf-past tem o'clock A. M. ‘The National Steam Navigation Company's steamship Louisiana, Captain Harrington, will sail from pier 47 North river at noon to-day for Liverpool, calling at Queenstown to land passengers. The New York and Havre Steamship Company's steamer Mississippi, Captain Sumaer, will leave pier 46 North river af noo to-day for Havre, calling at Fal- mouth, England. The mails for France will close at the Post Office at half-past ten o'clock A. M. The Hamburg steamship Borussia, Captain Franzen, Will gail from Hoboken at twelve o'clock M. to-day for Southampton and Hamburg. The mails for the German States, via Hambarg, will close at the Post Office at half- past ten o’clock A. M. The frat class steamship George Cromwell, Captain Vaill, of H. B. Cromwell & Co.'s line, will leave plor No. 9 North river at three P. M. to-day for New Orleans direct. The Empire tine sidewheel steamship San Salvador, Captain Nickerson, will sail from pier 13 North river to- day at three P, M. for Savannah, connecting at that port with Florida steamers, &c. The steamship Saragossa, Captain Crowell, of Leary's line, will leave pier 14 East river at three P. M. to-day for Charleston. ‘The Police Commissioners, undeterred by the recent action of the Common Council, are busily engaged in preparations for issuing licenses to pawnbrokers, hack- men and others, in accordance with the new law trans- ferring to them authority over such matters. A carpet bag containing three counterfeit plates, $20,000 in counterfeit fractional currency, and $10,000 in State money, was dug up on Staten Island yesterday by Marahal Murray, the secret of its burial piace having been divulged by a convict named Stewart, now serving cout a ten years’ sentence in the Albany Penitentiary, A woll attended sparring exhibition in behalf of George Rooke, the late contestant of the ‘Cast Iron Man,’’ was given last evening: at Lincoln Hall, Thirty-third street and Eighth avenue. The stock market was firm yesterday. heavy and closed at 13834. The markets for foreign merchandise were unsettled to some extent by the violent fluctuations in gold yester- day, and prices were tn many cases rendered entirely nominal, The business in most commodities was very moderate. Domestic produce was irregular. Yetroleum was rather more active and closed firmer. Cotton was more active but entirely nommal. The receipt of more favorable news from Europe, coupled with orders to purchase, excited the market, and prices for middling uplands fluctuated between 26 and 28 cents, with sales at both prices, the market closing nominal at the outside price, On Chango flour was 10 to 25c, higher. Wheat bc. a 15c higher, closing quia. Corn 1c. adc. lower, Oats 1c. higher. Rye 2¢. a Sc, higher. Pork and other provisions were firm. Freights were dull. Whiskey was quite nominal. Petroleum was decidedly lower. MISCELLANEOUS. : Reliable accounts from the deserted camp of Cheyenne Indians, thirty miles from Fort Larned, confirm the re- port of the burning of three stations on the Smoky Hill route, and the killing and burning of the bodies of three men. Tho settlers in the vicinity had been apprised of the murderous designs of the Indians, and General Cus- ter’s command was in hot pursuit of the savages, A large force of Indians was at last accounts concentrating Gold was in the vicinity of Fort Benton, and a regiment of troops | had been sent from Helena, Montana Territory, to op- pose them, At Fort Mitcheli a party of soldiers crossed the river, surprised an Iudian camp, and succeded in killing seven of the savages. The Indians, however, evontually forced the soldiers to retire within the fort. The Treasury Department has received from General Swayne a report of the capture of J. M. Parkman, Presi- dent of the First National Bank at Selma, Alabama, charged with robbing that bank recently of $160,000. The Japanese Commissioners arrived at Washington last evening, and were escorted to their quarters by an attaché of the State Department, The United States Supreme Court Room at Washington was crowded yesterday by notable lawyers and other spectators to listen to the pleas in the Mississippi and Georgia Injunction cases. The Attorney General opened the argument in opposition to the Georgia petition for an order to prevent the execution of the Reconstruction acts of Congress in that State, contending that the ques- tions at issue were political in character, a could only be reached by political remedies, Mr. Charles O'Conor replied, arguing that the acts referred to were unconsti- tutional and vold, and that, therefore, the court may order an injunction ingenoral terms. At the conclusion of Mr, O'Conor’s remarks the cases were Iaid over till Friday next, when Robert G. Walker will speak for the State of Mississippi. By an act recently passed by the Legislature of Ja- maica, all vessels laden with ice, coal, fresh fruit, poultry, fish or butter, or which do not discharge cargo, but only land passengers and baggage, and all vessels in ballast, are exempt from the payment of tonnage dues The forty-eighth anniversary of the Odd Fellowship was celebrated yesterday in various parts of the ceuntry The demonstration at Washington consisted of a proces- sion, an oration, and an entertainment in the evening. The receipts of the Order for the past year throughout the country amounted to $1,100,000. Southern Reconstruction the Battie Ground of Political Parties—Issues in the Future. A lively contest has already commenced among political parties and politicians for the Southern vote and the balance of power which that is expected to give. It will increase in intensity as the process of reconstruction goes on, and we may expect it to become pretty firm by the time the Southern States shall be de- clared ready and prepared for readmission to Congress. This contest, in all its phases, is exceedingly interesting, particularly to the statesman who studies the present for the purpose of divining the future. Old parties, which were thought to be dead and buried, and existing parties, which are de- caying and on the eve of expiring, raise their heads with the hope of a prolonged existence through the new political elements and new state of things. At present the negro seems destined to hold the balance of political power, or rather the party that may be able to control- the negro vote. The democrats and the repub licans, and even the old whigs and the few re- maining secessionists, are coquetting with Sambo and making the greatest efforts to get his ballot. These four millions of people, who three or four years ago were slaves, and who hardly know their right hands from their left, have become all at once a great power in this mighty and proud republic. What a revolu- tion! There is nothing like it in the history of nations. While in Great Britain the mass of the white race—of that great Anglo-Saxon race which has shown so much intellect and capacity for self-government—are not deemed fit to have the suffrage, we have given it to the negroes just set free from slavery. This has not been done out of love for the negro, nor because he is deemed intelligent enough to have the suffrage, but because the politicians want to use him. The Northern democrats hope their ancient allies of the South, who constituted the majority in former times, may be able to bring over the negroes to them. The old Southern whigs are earnestly at work, and are really making some headway in some of the States, to get the black vote with a view to supremacy in the South, and probably with a view to sup- port the moderate republicans against the radicals. The republicans of both the conser- yative and radical stamp have earnestly begun & sort of missionary campaign to convert the new-born American citizens of African descent to their party and views. This is all for politi- cal power—the offices and spoils in the future. In this struggle it is not very easy to foresee the resait; fot; aa WO sald, the clreumstances are novel and unprecedented. Still, looking at all the movements referred to and at the signs of the times, the radicals appear to have the best chance of succeeding. Wendell Phil lips, the great apostle and ploneer of radical- | Farther Develo; ism, has proclaimed his political gospel, and, doubtless, the lesser lights and less advanced of his party will follow him as they have fol- lowed heretofore. Revolutions, it is said, never go backwards ; certainly they rarely stop until they culminate in the most extreme measures, The military bill of Congress for the recon- struction of the South is declared by Wendell Phillips as “one atep only,” and that “the ele- ment that was coming n>xt (that is in the pro- gress of radical measures), would ssy to the South that the negro should not only have the ballot, but forty acres of land under his feet.” He holds, too, that the South is not in a condi- tion to be reconstracted yet—that it should be held “by the police power of the nation (the military) for five or seven years, until the seeds ofrepublicanism are planted beyond the pos sibility of harm.” To this, he says, “ the spirit of-the people is already compelling Congress” to come. Here we gee, then, the programme of this bold leader of republican radicalism:—the South to be kept out until the radicals secure 8 long lease of power, and a large portion of the lands of that section to be given to the negroes. He does not urge confiscation in direct terms; but he must mean that. How could forty acres of land be given toeach negro without? Will the republican party or the majority of that party in Congress follow the lead of Wendell Phillips? That is the important question. Heretofore. they have followed him, though more or less tardily, and thongh he has been a little in advance of them. Will Phillips’ radi- calism make such progress by the time—say next winter—the Southern States shall be ready under the military reconstruction acts of Congress to be restored, to shut the door against them for five or seven years? Will “the spirit of the people,” under radical instrac- tion and influence, compel Congress to this course? Mr. Phillips believes so, We shall see. Next winter we shall know whether the radicals can triumph on the Phillips platform, or the conservative republicans have the cour- age and power to deleat them. Such are the issues looming up prominently just now, to change, modify or consolidate parties. Reconstruction is the great question of the day, and on that the fight will be made. But there are other great questions that will come up shortly to overshadow old ones. Whether this one of reconstruction be disposed of or not by the restoration or prolonged exclu- sion of the South, the new issues cannot be kept long in the background. First will come questions relating to our national finances, the currency, banks, the public debt and how to pay it, and a sound, equal and economical system of taxation. After that territorial expansion and political control of the whole of the North American continent. The negro will soon have fulfilled his migsion as the all-absorbing element in po- litical warfare. Parties will be formed upon the new issues named. There will be a de- mand from the people for a reduction of the burden of taxation and of the expenditures of the government. They have borne heavy bur- dens during the war, and under that transition state of circumstances resulting from the war which we are passing through; but they will not consent to bear these in times of peace. Any party that may attempt to keep us in that condition will be ignored. Any party that takes for its platform a reduction of taxation and an economical administration of the government will secure the favor of the people. The New England policy ofa high tariff for the benefit of capital and a few manu- facturers, which has governed the country for some time, will certainly be repudiated. The great and growing agricultural States of the West and South will never consent to be the hewers of wood and drawers of water for these local and selfish interests, and they will be powerful enough to dictate e broader and more liberal policy of their own. The in- famous system of national banks, which takes from the producing classes the profits of their industry, and twenty millions a year from the Treasury, cannot be tolerated long. It is clear from the proceedings in Congress during last winter and this spring, and from the tone of the preas, that public opinion against this sys- tem is growing mightily. Nor will the capi- talists of the Eastern and Atlantic States be able to resist the views of the West and the people generally with regard to the currency. The clamor for forcing specie payments, whereby the bondholders and the few rich may increase their wealth, and all the rest of the commu- nity be plunged into bankruptcy and ruin, will certainly be resisted. Such are the issues which will divide and reorganize po- litical parties in the future. Sectional and local interests must yield to those of the peo- ple generally; and upon this question the popular voice will be irresistible. We agree with Wendell Phillips that “the millions of voters and the great journals are more the government than the machine at Washington,” and, we will add, than any party of a sec- tional or mere political character. The highty interesting problem is, then, what party here- after will gain and hold the popular vote on the great and new issues that are looming up. Will it be the republican party, reor- ganized and purged of its New England sec- tionalism and radicalism, or some new one? There is a lease of fifty years’ power for any party formed on the right basis and upon the questions to which we have referred. The Alabama Claims. The object of the Japanese mission has given rise to » good deal of speculation. The quidnuncs are at a loss to conjecture what par- ticular motive they have in visiting us just now. There are no points in dispute be- tween us, we do not ask to have any new ports opened, and we are satisfied that when the foreign commerce of the empire takes its fall extension we shall have a fair share of it What, then, ask the curious, is the special busi- ness with us of these accomplished diplomats, Commissioners Fukasawa Ukitohy and Mat- shino Judaju? We think we can enlighten them on the subject. From some admissions that were gleaned from them previous to their departure for Washington it would appear that they have come here (probably at the request of the English government) to offer their medi- ation on the Alabama claims, They have evi- dently studied up the subject, and, so far as we can gather, their views arc entirely in our favor. By all means let the question be referred to them for decision, These Asiatics have # sum- mary way of disposing of knotty points which European and American diplomats would do well to learn. Europe—Tho Treaty of Prague te be Tern Up. France makes o significant point against Prussia in charging her with the violation ot the treaty of Prague—that treaty which ended the war of last summer, with the broad declar- ation “in future there shall always and for- ever be peace and amity between the King of Prussia and the Emperor of Austria.” The perpetual peace and amity was of course un- derstood as contingent upon the fulfilment of all the conditions of the treaty by the respec- tive parties ; and should there be any failure to do whatever the treaty required, then of course it would be held as null the moment its abrogation suited the interest or convenience of either Power. This is the bait that France now throws to Austria, Austria is told that with all proper regard to good faith, and with- out any violation of the sentiment of Europe, she may now declare herself free from the oon- ditions of that onerous and humiliating treaty; nay, that by declaring it null she’ may come in for a share of the world’s good opinion as 8 champion of popular right. Section five of the treaty transferred to Prussia the Austrian rights and claims upon the duchies, subject to the condition “that if the population of the | northern district of Schleswig, by a free vote, should make known their desire to be united to Denmark, said district should be ceded to Denmark.” Prussia has never complied with this condition by giving the populations a chance for their free vote, and thus has not performed her part of the treaty. By this point made in the Moniteur Napoleon prepares the public mind of France for an Aus- trian alliance and offers to Austria the oppor- tunity to fight the battle of German supremacy over again under wondrously different aus- pices. Last summer Austria was crushed be- tween the upper and nether millstones of Prus- sia and Italy. It has been alleged that Italy did but little in that war. That is true; but the apprehension of what she might do did a great deal. There is a relation between Sadowa and Custozza. Had the fine army under the Archduke Albert, which the latter battle kept in Italy, been with Bene- dek, it is conceivable that the peace made would have been of a different character. Let us suppose now another war, with Italy out of the way—which France would insure—and with the fine army that Austria now has moving shoulder to shoulder with the magnifi- cent army of France—all can see, in view of such a possibility, how readily the hard condi- tions of the treaty of Prague would be crammed down the throat of the Prussian Premier. Aus- tria is better prepared for war now than she was this day a year ago. Reorganization has been an incessant labor through every hour since her great reverse. Sh2 has an additional eloment of strength, also, in the new conditions upon which Hungary stands. Hungary, then disaffected—almost ready for revolt—is now a unit of loyalty. Within a short time the Em- peror has restored its constitution to the an- cient kingdom; and the Diet, as a substantial sign of good. will, has given in return sixty-five thousand new troops. Indeed, if the Emperor were to cali upon his Hungarian subjects to sus- tain the empire, there seems every probability that we would have a repetition of the great spectacle of the reign of Maria Theresa—Hun- gary rallying for the prosecution of a German war. France and Austria would together put in the field a tremendous fighting force, and their advance would start again the half smothered vitality of the Kingdoms of Hanover and Saxony. Prussia is weak there, and even at her greatest strength she could not cope with the united power of such foes. Perhaps, with these focs once in line against her, we should soon learn something more definite of the Prussian alliance with Russia. If there be such an alliance, and it should result in bring- ing Russian soldiers once more on the battle fields of Central Europe, the trouble will then assume greater proportions. It will be a struggle dividing Europe geographically into Northern and Southern Powers; and against Russia and Prussia we shall see marshalled France, Austria, Italy and Spain, with, per- haps, a Moslem army across the Pruth and the Dneister, waging war in its own extravagant way. It is doubtful whether Bismarck would venture acts that may raise sucha storm. The least doubtful result of such a tremendous war would be the devastation of Germany and the total disruption of the partly consolidated power now gathering around the Prussian throne. Ausiria has declared her agreement with France in this dispute in no doubtfal terms, and it is highly probable that the last German fary against Napoleon will be notably modified as the spectre of a Franco-Austrian alliance ts developed to the proportions of which it is capable. It is only doubtful whether Austria and France will give the Prussian the chance to retire when he has once advanced so far. The Experimeatal Elevated Raillread. We learn that active preparations are being made to build forthwith the experimental ele- vated railway which the Legislature has au- thorized the West Side and Yonkers Patent Railway Company to construct along Green- wich street for a distance of halfa mile from its southerly extremity, near Battery place. The power to do this is positive; but the fur- ther extension of the railway along both sides of Greenwich street to Ninth avenue and along both sides of Ninth avenue or through the block between Ninth and Tenth avenues to the Harlem river will depend on the practical success of the experimental road. And this will be decided upon by three commissioners, two of whom are to be appointed by the Gov- ernor and one by the Croton Aqueduct Board of the city of New York. If after due inspec- tion and examination the commissioners shall approve of the structure, plan and operation of the road, the company is empowered to com- plete the line to its full extent. The experi- mental section must be flaisked within one year from the passage of the act (legal delays ex- cepted),’and the extension, if authorized, so far 8 confined to the limits of New York, within five years thereafter. The railway is to be operated exclusively by means of propelling cables, attached to stationary engines placed beneath or beyond the surface of any street through which it may pass, All three of the companies by the law of 1866 and respec- tively entitled the West Side and Yonkers, the Broadway and Yonkers and the East Side and New Rochelle, are controlled by a single is President, C. T. Harvey Engineer and General Manager, and W. H. Appleton Treasurer. The route of the first company, from the Battery to Harlem, has already been indicated. The object of the second is to con- struct @ single track railway upon ® similar plan to that of the first, on Brosdway, from the Battery to Sixty-fourth street, and thence to Yonkers, parallel to the west side line. The route of the third will slso begin at the Battery and extend through Pearl street, the New Bowery and the Bowery to Third avenue, and thence on or between Third and Second venues to the Harlem river and to New Ro- chelle, The success of the first company in- volves that of the other companies, and will lead to a complete revolution in the system of locomotion forNew York. Our citizens will have from end to end of the island speedy, cheap and safe means of transit, which will not obstruct the streets, The Henatp has often insisted upon the necessity and immense advan- tages of some such project as that authorized by the law which the Legislature passed on the 19th inst., and the Governor signed on the 234. It bas been in favor of a railway that should ran above and through the blocks and be arched over on the cross streets. If the experiment of the west side road proves suc- cessful the principle of elevated railways will be established. The English Reform Bill—Mr. Defeat. In yesterday’s issue we published extracts from the last debate on the English Reform bill. The great point of the debate was whether or not Mr. Gladstone’s amendmont should be inserted in the third clause of the govern- ment bill. A fair effort had been made on both sides to have a full house and to make a trial of strength between the government and the opposition complete. In a house in which five hundred and ninety-nine members were present the government had a clear majority of twenty- one, and Mr. Gladstone’s amendment was con- sequently lost. But what was Mr. Gladstone’s amendment ? It will be remembered by our readers that the Reform bill introduced by the government proposes to extend the franchise to all house- holders in boroughs who have personally paid their rates up to a stipulated time, and who have been fer the spacc of two years resident in the borough in which they propose to vote. The great objection to the government pro- posal is that it rests on no principle. It is the shadow of reform without any of the substance. Apparently liberal, it is really conservative. If it ever pass into law, which is doubtful, it will admit within the limits of the franchise a certain class in one parish, and exclude from the franchise the same class in the parish adjoining. No one ventured to reply to the stinging remark of Mr. Bright that, while the bill would “give twenty-eight thousand addi- tional votes to Sheffield, it would shut our thirty-six thousand in Birmingham.” Reform on such a principle, to say the least of it, is not worthy of the name. The secret of the inequality lies in the fact that the practice of compound rating prevails in all the Eng- lish boroughs, but. prevails in different boroughs on different principles. In some boroughs householders only of the very humblest clas compound their rates with their landlords, In otaer boroughs householders paying as high as fifteen pounds of rent, and even higher, compound with their landlords, But according to the government Reform bill no compound householder can vote, because no compound householder personally pays his rates. Mr. Disraeli has only been able to get over the difficulty by saying that it will be an easy matter for the householder to make such an arrangement with his landlord as shall entitle him to the full privilege of the fran- chise. No reply, however, was given to Mr. Bright, who showed that in such a city as Birmingham it would be impossible to retain on the roll of voters even those who were at present entitled to vote, except by an entiro revolution of the municipal sys- tem of government. Mr. Gladstone’s object was to remedy this evil. To accom- plish this end he introduced an amendment to the effect that in boroughs a figure should be fixed, say five pounds, rating on what would be equal to about six pounds rental, below which the franchise should not extend, and above which it should be enjoyed without any qualification whatever. This plan, whatever might be said against it, would at least have the advantage of making the franchise rest upon # fixed and well undcrstood principle. In a fall house, as we have said already, Mr. Gladstone’s amendment was negatived by o majority of twenty-one. It is impossible to look at this reform ques- tion as it now stands without feeling con- vinced that the interests of party have been throughout and are still consulted to a far greater extent than the interests of the people. The question which is now being settled within the walls of Parliament is not whether a large portion of the English people shall be fully ad- mitted within the pale of the constitu- tion, but whether for the next thirty years the government of England shall be conducted by whigs or tories. In a fair, honest, stand-up fight Disraeli is no match for Gladstone. Asa trickster, however, the palm must be yielded to the tory leader. Gladstone has suffered_defeat—a defeat all the more com- plete and humiliating because he has conde- scended to Aight with weapons in the use of which he was not skilled. The Reform ques- tion, however, is as yet far from settled ; and whether it be true or not that Mr. Gladstone, in disgust with the conduct of his party, has re- signed his position as opposition leader, we shall expect to hear of keener debates within and greater commotion without the walls of Parliament betore the government measure shall have passed into law. Shaky Foundation of the United States Trea- oury Department. It appears that the Treasury building in Wash- ington is ina very shaky condition, a portion of one of the brick walls having fallen in, and the foundations are reported as gradually sink- ing under the weight of the machinery and hydraulic presses. An apt illustration might be made between the building itself and Mr. McCulloch’s financial system, The dead weight of the national banks produces about the same effect upon the finances of the couniry as the hydraulic presses do upon the walls and foun- dation of the building in Washington. The misfortune which has falea upon the bricks and mortar may possibly overtake the Secre- page he does not improve upon it, While depioring the looseness with whion the, Gladstone’s financial department of the government is con- ducted in a general way, we cannot too much admire that carefulness of detail exhibited on Thursday in the Printing Bureau of the Trea- sury Department, when all hands—fifty males and seven hundred females—were detained in temporary custody because a sheet of paper possessing “no commercial value” was mias- ing. With such diligent officials as the head of the Printing Bureau, having a single eye to blank sheets of paper, we should suppose that there would be no danger of plunder, corrup- tion or default creeping Into the Treasury Department; yet we hear occasionally of the robbery of bonds and currency even down to the fractions. Negrees fer Ofice—Equal Rights, Ata meeting of colored and white republi- cans in Washington on Thursday night the former made a considerable figure. entered into the debate, which was about They nominations for the loca! office of Register, im & very lively manner. One of. the speakers said that the distinguished Senator from Mas- sachusetts, Mr. Summer, had sent for him for the purpose of urging that one colored man at least should be elected to the City Council of Washington as a suggestive and fitting example to the South, Thatis mght. We think, how- ever, that there ought to be more than one; that there ought, in fact, in accordance with Mr. Sum- ner’s radical doctrine of equal rights, to be a fair proportion, according te the relative volo of the whites and blacks. And why not a negro Mayor, if the negroes have a majority of the votes, which is probable? There is a smack of insincerity in this recommendation for only one black member of the City Council, wha the large negro vote is taken into considera- tion. The radicals seem disposed to dodge the consequences of their theories. We insist upon holding them to their platform of equal rights. The majority of the Washington City Council and Mayor should be black, according to the vote. There should be, also, at least six negro Senators and twenty nogro Representatives in Congress from the Southern, States when they are reconstructed. Indeed, to have everything on perfect equality, we must have now and thea a negro President of the republic. Equal rights is the order of the day. Nothing like equal rights for a progressive nation like ours. A Fearful Warning. Ten thousand tailors in Paris are reported on a strike for higher wages, with numbers of men belonging to other trades. Why these strikes? The extraordinary rise in house rents and in articles of food of all kinds. Why this extraordinary rise in all these things? It arises from the “great expectations” of all con- cerned in reference to the grand Exhibition de- signed to draw the pleasure seekers and the spare change of all nations to the French capi- tal. Upon these expectations, it appears, house rents and provisions have gone up to such awful figures in Paris as to feighten away hun- dreds and thousands of people who had other- wise intended a trip to the Exhibition from all parts of France, the Coniinent, the British islands and America, Nort*, Central and South. The chances of a terrible European war are operating in the same way to the prejudice of Napoleon’s raree-show. These strikes among the tradesmen of Paris are the first symptoms of serious danger from the failure of this grand speculation ; and, peace or war, this prevail- ing spirit of discontent, among these elements of combustion, involves to the Emperor a fear- fal waraing. More Missionaries fer the South. Hon. William D. Kelley, of Philadelphia, and Senator Nye, of Nevada, and some other eleo- tioneering Northern radicals are shortly to fol- low the example of Senator Wilson, and “stump the South” in behalf of the extension of the republican party of the North from the Potomac to the Rio Grande. These are small beginnings; but as the first of the Southern reconstruction elections, under the laws of Congress, will not occur for several months, there is yet plenty of time for a thorough canvassing of the five military districts by all parties concerned. Still it is somewhat remarkable that from our Northern copperhead democracy, who assume to be par excellence, the expounders and defend- ers of Southern rights, not one single mission- ary has so far been appointed or volunteered to commence the work down South of regaining to their party its old Southern balance of power. It is strange, too, that none of the ultra-abolition leaders, Wendell Phillips and ‘such, and none of our Northern Women’s’ Rights women, white or black, have yet plucked up the moral courage, or curiosity, or patriotism for a stumping tour “among the pines” of the Carolinas or the canebrakes of Arkansas. We had supposed that with the very first opening the Northern copperheads and abolitionists, and all these Northern re- formers, of all colors and sexes, would be found, like the wild geese in the fall, winging their way southward; but for some reason or other they all hang back. What sachem of Tammany or what sagamore of the Church of the Puritans can explain to us this mystery? Talking It Over. That interview between Jeff Davis and Sena- interesting men like Wilson in his takes the best means of shortening in 1867. In 1861, under the Dred Scott deci- sion, it was simply this—that, according to the constitution, a8 an inhabitant of the United States “the negro has no rights which a white, man is bound to respect.” Is this a small’ A LADY ACCIDENTALLY KILLED. (Puan rnin April 26, 1867, was accidontaily killed this morning’ Sten Wetnesetd in gave bimeclf up to await oxamination,