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4 NEW YORK HERALD. JAMES GORDON BENNETT, PROPRIETOR. JAMES CORDON BENNETT, JR., MANAGER. BROADWAY AND ANN STREET. A!) business or news letters and telegraphic despatches must be addressed New Yore Henaup. Lotters and packages should be properly sealed. ejected communications will not be returned. =— = AMUSEMENTS THis AFTERNOON AND EVENING, BROADWAY THEATRE, Broviway, near Broome street.—Fazio, on Tam Italian Wire—Tux Love Cuasm. Matinee at 13¢ 0’ Clock—Lapy or Lona. ‘WORRELL SISTE FR Ree tet Bee ‘Clock. BOWERY THEATRE, Bowery.—Nick Wutrrirs AND 18 Dog Catamiry—Naxw Yore Fizeaan—Rival Dorcaman, NEW YORE THEATRE, oppo. Lack Sumer. Matinee at Two OLYMPIC THEATRE, Brosdway.—Tasx Anas AND Tam fxm Dagon Troure ov Jaranzse in THER WONDERIDE: eRrORMAMCES. Matinee at One o'Clock. BANA birlieth «i Pacione Gi @ ‘Clock. "3 NEW YORK MUSEOM, and te CURIOSITIES OF NATURE AND ART. — THE ri Matinee at Three me SWISS SWANS. BUTLER'S AMERICAN THEATRE, 478 Broadway. Bartrz, Fancz, Pastouine, BuRuxsquxs. Erusorin, Com ap lSevrocrarat, Yoana Senate Carn Or Tux ALimama. Matinec at 240% - TH AYPNUR OPERA HOUSE, corner of Thirty. fourth sirect and Eighth avente—Hanr ino Keun Trougs Be 4 Vanier or Lagu amp Tarenr anna. — ue Harry Courts. BROADWAY OPERA HOUSE, No. 600 Broadway.—Tuz pg MINSTRELS IN SckNES FROM SouTUERN PLANTATION HOOLEY' SOPERA HOUSE, Brooklya.—Ermrortan Mum. QURMAY. Battaps and Bonsesques.—Tue Paooumss oF 4 ATION RURRRACE GARDEN. Thint Avenue. Fifwy.elghth and . ifty-ninth streets. —Taxopore , SON / tants, a 8 Clock PM 1a aabtanas is NEW YORK MUSEUM OF ANATOMY. Broadway.— : KAD AND Kiger ARM OF Paonsr— Wasuinotow INs—WONDERS 5X NaTURAL H, NOR AND ARB 1aTORY, ours Daity, Open oa Ul oP = New York, Saturday, July 20, 1867, } eee — i THE WaWws. EUROPE. ‘The nows report by the Atlantic cabie is dated as lato 3 midnight, July 19, The British Cabinet requested the members of the House of Lords to refrain “for the present” from any expression of opinion regarding Maximilian’s execution, The Empress of France is to visit Queen Victoria at Windsor Castle on Sunday. Garibaldi has announced, viva voce, that the moment for work for the liberation of Rome bas arrived, and it ts ald that the revolutionists have been in action with the Italian troops. Mr. Lloyd Garrison enjoyed an enthusiastic reception in Edinburg, Consols gold at 94 7-16, for money, in London, Five- twenties were at 7254 in London. Tho Liverpool cotton market closed firm and active, with middling uplands at 103¢ pence. The quotations for breadstuffs and provisions are without any material change, By the stermehip Deutachland at this port, yesterday, ‘wo have our special European correspondence and mail reporta in detail of our cable despatches to the 9th of duly. Our special correspondent in Paris states the course of the United States government in the case of Maximilian ‘will not improve the tone of French feeling towards the country. It was reported in Parig that before be entered Quer’. taro Maximilian shipped for Europe a bistory of the French expedition to Mexico written by his own hand, and that the manuscript is ip the possession of the Duc @'A umale for publication in the french capital, Tho debate in the French Legsiature on the policy of the Cabinet and present rule of the nation wi more animated, A member boldly enumerated the enemies, in bis opinion, of the empire, taking in almost all the powers embraced in the Holy. Alliance, asserting at the moment that inthe event of a great war France had only herself to depend on, with the *‘aid”’ of Spain, CONGRESS. In the Senate yesterday, the House amendments to the Equal Rights bill for the District was concurred in, and mnother amendment added, The President's veto to the @dditional Reconstruction bill was read, and the bill was immediately parsed without debate by a vote of 30 to 6. Tho veto of the appropriation was also read, avd the bill ‘was also passed, Mr. Jobnson, of Maryland, voting in the affirmative, A resolution to adjourn this afternoon until the first Monday in December was agreed to. In the House, a resolution calling for an investigation Dy acommitiee of affairs in the Pay Department was Adopted. “The President's message vetoing the addi- tional Reconstruction bill was received, and after being read Mr. Stevens moved the previous question on the passage of the bill over the objections of the President. Time was allowed, however, for speechmaking, and Messre. Boutwell, Butler, Randall, Wilson and others ppoke, when the voto being put the bill was passed ‘over the vetd by a vote of 100 to 22, The veto meseage in full will be found in our Congres- Bional proceedings this morning. MISCELLANEOUS. Oar special advices from Mexico by way of New Or- Jeans state that Madame Juarez arrived at Vera Cruz on the 14th, and was enthusiastically welcomed ip a grand Civil aod military display, Juarez had arrived at the capital and declines a re-election to the Presidency. ‘The government is about to publish an address to the world to justify their course in the execution of Maxi- milian, General Vidaurri ts reported to have been ro- cently shot at Querétaro, and dates from Tampico con- firm tho shooting of Santa Anna, Our Fao Janeiro correspondence is dated June 2. The Paraguay and Parana rivers had overflowed and in- ‘undated the allied camps, compelling a withdrawal to Dighor lands, The Brazilian Parliament was still in seeston. Preparations wore being made for the recep- tion of Alfred, the Dake of Edinburg, who was expected on his way to Japan. é Our Buenos Ayres letter is dated June i4. Congress Was opened on the 2d ultimo, Vice President Paz had resigned, and as foon as his successor is appointed Genera Mitre will return to his command im the allied army. The government offices in the Custom House were seriously damaged by fire, and |t was reported that the greater part of the State papers bad been destroyed. Genoral Asboth, the United States Minister, continued Very ill. Later advices from Porto, Rico by way of Havana, state that the island continued dangerousiy agitated by « rumor of the existence of an extensive conspiracy for the overthrow of the government of the coleny and the proclamation of a republic, In the Constitutional Convention yesterday a resolu- tion providing for the appointment of a committee to ‘whom al! propositions intended for separate submission Bo the people shall be referred, was adopted after being fmended so as to provide that ali questions asto the Beparate submission of any part of the constitution whall be deferred until the w constitation is framed. In the Barratt trial yesterday expected witnesses: for the defence had not arrived, and Judge Fisher said She counsel for defence must close their testimony. A motion to strike out certain testimony was takeo under Bdvisemont by the Court Judge Underwood opened the United Siates District Court im Norfolk, Va., yosterday. ‘The steamship Quaker City, with the Holy Land @xcursion party on board, arrived at Marseilles on the th inet, having visited, since her doparture trem New ork, the Western Islands and Gibraltar, The passen- gore were everywhere treated with much civility, and the authorities pasvod the vessel free of all port charges. Tho Quaker City left for Genoa on the 12th of July. ‘The splendid steamship City of Paris, Captain James Konnedy, of the Inman line, will leave pier No. 45 Worth river at noon for Liverpool, vis Queens. down, The mails tor the Wiad Kingdom and the conti- Bont will close at the Post Office at balf-past ten o'clock, ‘The steamship Gusting Star, Captain Van Sice, will fall at noon to-day for Havre, calling at Falmouth, Eng- Gand. The mails for France will close at the Post Office ot half-fuat ten o'clock. ‘The stock market was steady on the whole yesterday. Govoraments wore Grin. pus dull. Gold closed at 190%. i » NEW YORK HERALD, SATURDAY, JULY 20, 1867. Mr. McCulloch, the Treasury Fraads, aud Congress. There is great deal of commotion in Wash- ington just now about the frauds on the Trea- sury in the Internal Revenue Department. It ig euppreased as much as possible by the friends of Mr. McCulloch, by the fraudulent distillers’ influence in Congress, and by those interested in shielding the guilty internal revenue off- clals ; but the frauds are so flagrant and gigan- tic that the facts relating to them cannot be smothered. The subject is of so much import- ance and go replete with startling revelations that with all the efforts to pass it over or make the best of it the truth will appear. This was seen in the proceedings of Congress on Thurs- day. So sensitive was the House of Repro- eentatives on the subject that a little spark created a great blage. The violent language used and the whole spirit of the debate showed the intense ‘interest and deep feeling among the members. of that body, Mr. Schenck, in speaking of the delinquent internal revenue Officers and the Metropolitan Board of Investi- gation, eaid that the Secretary of the Treasury kept his “brood of rascala in office, and then appointed a committee to watch them,” while other members attempted to defend Mr. MoCal- loch, without denying, however, the enormous frauds committed under his administration of the Treasury. But with all this commotion it is evident that Congress has neither the knowledge nor capa- city to grasp and deal with the subject. Tho manner in which it was brought up shows the ignorance and incompetency of members. The question raised was simply as to the power and right of the Seagetary to appoint the Metro- politan Board of Revenue. This was a very small affair in comparison with the greater question of the frauds themselves, of the par- ties responsible for them, and the remedy to be applied. It is a rule of mathematics that the lesser is swallowed up by the greater; but these Congressmen do not think so; they wrangle over a trifling matier of authority in appointing a commission to investigate the frauds, while these monstrous frauds, the causes of them, and a remedy against them they leave untouched. The Board is well enough, and we think the creation of it is about the best official act Mr. McCulloch ever performed. It is composed of the right sort of men, and may render valuable service to the country. Why could not Mr. Schenck find something more important and more to the point in exposing the mismanagement of the Treasury Depart- ment, which has led to these stupendous losses to the government? As to investigating the frauds, Mr. McCulloch is doing right, provided the investigations be thorough and honest; but the country wants to know how far he is responsible for them or who is responsible. Mr. Schenck, however, was not the only member who failed to see his duty or the im- portant point in this matter of frauds on the revenue. Mr. Ingersoll entered into a defence of the Secretary on the single point of the authority to appoint the Board of Investiga- tion. He abused New York well for its frauds on the revenue, but said nothing about the six hundred barrels of contraband whiskey that were hauled out of a cave in his Congressional district. We would not presume to say Mr. Ingersoll had any knowledge of this fraud upon the revenue in his district; but we must say it appears strange that members of Congress can find any reason for defending an officer of the government who has through neglect of duty lost to the Treasury hundreds of millions of dollars. Mr. Kelley could see nothing more important in the matter than the spoils of office. He dwelt entirely upon the mere ques- tion of what partisans were or were not appointed to office. All his anger was vented on this question. Mr. Allison, Mr. Van Wyck, Mr. Barnes and others, who participated in the debate, saw nothing of more consequence than the offices or the right of the Secretary to inati- tute a commission of inquiry. This imbecility and want of comprehension of the important question at issue on the part of Congress is lamentable. It shows plainly the incapacity ot that body to comprehend and deal with matters of great public interest. We hardly know how to designate its ignorance and incompetency. Had it admitted P. T. Barnum to a seat in face of his clear de‘eat by the people of Connecticut we might call it the Barnum Congress or the Humbug Congress; but, looking at its conduct about the revenue frauds, we may properly call it the Whiskey Congress. All this twaddle about small matters or indifferent questions amounts to nothing. The frauds, the cause of them and the responsibility for them are the proper subjecis of inquiry. Mr. McCulloch may try to lay the blame on Con. gress or his subordinates; but the trath is, he is the responsible party. As Secretary of the Treasury it was his duty to see that the revenue was collected and frauds prevented. It is non- sense talking about the tax being so high that it cannot be collected. The excise tax on spirits in England is bigher than with us, is above two dollars and fifty cents in gold, equal to about three dollars and fifty cents in currency, and yet it is collected there. Why not here? There is no reason in the world why it could not if the head of the Treasury did his duty. If the Treasury continues to be mismanaged in this manner, and Congress should show no more ability to correct the evil, we may look for national bankruptoy and 4 repudiation of the national debt. We shall see the extraordinary anomaly of a prosperous country in industry and commerce with an empty Treasury, an embarrassed government and repudiated debt. Such is the prospeet before us unless a radical change be made in the management of our national finances. The Whiskey Frauds. It is claimed by the whiskey distillers that under the present rate of duty (two dollars a gallon) it is impossible for them to carry on their business legitimately. Now, in Great Britain the tax ie eleven shillings and sixpence @ gallon, or more than two dollars and a half of our money, while the cost of manufacture is only two shillings and threepence. Formerly, in the United Kingdom, the duty was very much higher, and then illicit distilling and other frauds upon the revenue were extensively practised. Under the present scale of duties these have almost entirely ceased. Now, we should like to know why, with & lower tax upon whiskey than that which is found effeo- tive for revenue purposes in Great Britain, we cannot enforce the moderate duty imposed by Congress. Evidently the fault lies, not with the law, but with its machinery. For this the Treasury Department is alone responsible, ‘The President's VetomKxecutive Power. Another veto has been added to the number, and the Reconstruction ‘bill has passed both houses over the Prealdent’s head. This veto Contains the usual flourishes about the “intol- erable” condition to which Congress would reduce twelve million persons; it declares that the sentiments of the veto of the first bill apply also to the present bill, and are “sound and unanswerable,” notwithstanding the way in which Mr. Stanbery turned them inside out; it discusses whether the States are States or not, and, finally, it expresses the fears of the President that bis being left out of this last bill will “sap the foundations of federal power.” This is the espegisl point of the message, “Withina period of less than a ycar the legislation of Congress has attempted to strip the Executive Department of the govern- ment of some of its essential powers,” and this tendency culminates in the present bill, which does not even contemplate his existence and provides for its enforcement independently of his office. Touching this giving executive power into other hands the President says:— “While I hold the chief executive authority of the United Statos, while the obligation rests upon me to see that all tho laws are faithfully executed, I can never willingly surrender that trust or the powers given for its execution. I can never give my assent to be made respon- sible fur tho faithful execution of laws and at the eame time eurrender that trust and tho powers which accompany it to any other execu- tive officer, high or low, or to any number of executive officers.” People will hardly know how to take those phrases. It is not strange if the country has no respect for the President’s vetoes. It is only a conviction of sincerity that commands re- spect for opinions not in accordance with genoral sentiment; and it is difficult to know if the President is sincere. Not long ago, ina veto message, the President expressed argu- ments against a bill in the most uncompro- mis'ngly positive terms. The biH was then on its passage, and such opposition, if Congress bad been wavering, might have defeated it. But the bill was passed, and hardly was this done before the President’s former views re- ceived flat contradiction by his own authority. Since then people are naturally in doubt whether the utterances of a veto are the real opinions of the man or whether they are only assumed for effect, and are to be put away and contrary ones taken up, as occasion may re- quire. We know not whether these opinions are to receive official contradiction by and by; but if they.are Mr. Johnson's real views, we can give him a comfortable assurance that he has taken an exaggerated view of our trouble ; the nation ig not in such dangeras he fears. The question of executive power is not beyond ordinary comprehension. If we rea- son our constitutional theories down to an ultimate analysis we find them all resting on a primary declaration of the sovereignty of the people. The people are the nation, and the body of men chosen by the nation to represent it is the depositary of ils will and its power in any last appeal. All tho rest is machinery— necessary and proper for {its purpose, but always subject, and always to give way if public safety require. Declarations that these are three co-ordinate branches of the govern- ment—legislative, executive and judicial— are not strictly true; for what are these latter branches but the necessary ad- juncts of the former—the mere means of giving effect to its will. Congress makes laws, and the Executive is merely to enforce its will, while the duty of the Judiciary is, in case of doubt, to define and determine disputed points. There is no co- ordinate power here. But the question fs, can Congress, can the nation, dispense with this authorised executive, this constituted right arm? Can it give effect to the popular will by any other channel than that provided in the organic law. We are living in times that are loosely knit, if not out of joint with respect to the rigid applica- tion of constitutional rules. Our constitution was shaken in every line by the great rebellion of the Southern people and the great war they made to free themselves from the obligations of that law ; and it has not yet recovered from the blows they gave. All this reconstructive legislation is admittedly extra congtitutional; for the constitution made no provisions fora case that could not occur till its obligation was lost, But who will maintain that the people should Jet the nation perish because the con- stitution did not prescribe a way to save it? The people acted on the facts, and not on legal points, in saving the nation, and they are quite satisfied that Congress should now act on the facis, and, as it has been compelled to make extra constitutional laws, shall arrange an extra constitutional enforcement of those laws. There is no departure from the principles of the government upon which freedom depends. There is departure from the letter of the law and departure from usage; but we have not lived enough on our law and our usages the past four years to make this a cause of alarm, and we may regard these departures as rather inconvenient than dangerous. It will in the future be the deepest reproach to Mr. Johnson that he made this course necessary—that he compelled Congress to familiarize the nation with encroachments on constitutional usage that might have been spared if be had readily and in good faith executed those laws that his veto was insufficient to defeat. Congress showed its good faith in this matter when it entrusted the President so fully as it did with the execution of the first law and the appoint- ment of the commanders. Knowing that he was opposed to its course, that the law was passed over his veto, it yet seemed to feel an honorable confidence that he would not carry his obstruc- tive spirit into the line of his daty. He disap- pointed that confidence, and hit upon interpre- tation as a means to defeat the law while seeming to execute it; and now Congress is fally in sympathy with the nation in acting on the assumption that the proper executive can- not safely be entrusted with the enforcement of this law. From the circle surrounding the President it has been vaguely given out that he could not recognise as a lawan act that did not contemplate him as {ts Executive; and his declaration quoted above is somewhat positive to the same effect. It remains to be seen whether the President will act upon the theory of his arguments, and, ignoring the existence of this law, proceed to the enforcement of some exhumed and quite constitutional statute antagonistic to this, and thus put himself in direct and open conflict with the people. We do not believe he will. We believe that he will content himself with a war of words; but at the least indication of a tondency to do more his impeachment and re- moval will be = matter of course. His own argument forces the conclusion that it would have been better if he had been removed ere this—if Congress, once atisfied that he would not enforce a law he'did not like, had put in bis place @ man with a differ- ent sense of duty and accomplished the national purpose in that way instead of accomplishing it by means tending to a contempt of tho office. Chevallor Abbett and Mexican Annexation. From our Washington advices it appears that the brother of the Mr. Abbott who, in his his- torlo adulations, pays such fulsome tribute to the Bunapartes, is trying to start a little Napo- leonic scheme of his own. A number of our prominont legislators have listened to Mr. Abbott's story, and while some are disgusted with it, others, like shy trout, are only nibbling at the bait, What a pity they cannot have the good sense to carry forward a dignified Mexi- can policy. There are two great questions before the American people—reconstruction and Mexico, We have almost ruined the first ; let us at least show a little common sense on the second, On the part of the Mexican people, as a mass, there is not the slightest disposition to part with a single square inch of Mexican soil finder any pretence. The present rulers of Mexico are the exponents of this feeling to an intense degree, So salient has it become in Mexico that it fa one of the great principles of their republicanism, The Mexican Congress, when it was forced to docree dictatorial powers to President Juarez, gave him every power except that of alienating Mexican territory. This they expressly stipulated should not be done. At Chibuabua was issued, in November, 1866, a government contradiction in strong terms of the reports which were being ciroulated about the sale of Northern Mexico. At several public dinners on the way from Chihuahua to San Luis Potosi the President openly denounced those enemies of Mexico who made such a charge against the government. At San Luis, at the birthday dinner of Juarez, in March last, he again denied the rumors; and the Foreign Minister, Sebastian Lerdo do Tejada, in the hot- test speech of the banquet, boldly proclaimed the policy of the Mexican republic, and stated that “under no circumstances would Mexico sell a square feot of her estate.” Said he, “We will save every inch of Mexican territory intact, or we will sink the nation!” These words indicate that if traders in national disintegration would make anything out of this Northern Mexican scheme, they must first, by a revolution plotted in the United States, upset the present Mexican government. The President, however, who in Mexico would alienate an inch of the soil, could not occupy his seat while the ink of his signa- ture was drying, so great is the national oppo- sition to such a scheme. The prop er and quickest way to make Mexico valuable to us is to cultivate friendly relations with her, end aid her in the support of the sams principles which we profess and which she is endeavoring to establish. A hearty determination on our part to see justice done to a country which has had a long and ardu- ous struggle in the attempt to do justice to her- self, is worthy the great nation we boast our- selves to be. This is the way to open the doors to Mexican wealth. This will open the broad channel of commercial progress and give both nations an impulse in that direction which we so earnestly demand and absolutely need. Out with the filibustering efforta of a few dis- contented men who have not the genius to see that peace and mutual aid, in sustaining re publicanism on this continent, are the true road to a great future! As we asked Europe to let us manage our own troubles daring our rebellion, 80 Mexico asks us, as her just right, to give her an opportunity to manage her affairs. Mexico has the evils of @ fifty years’ Teligious war to train into peaceful channels, She bas, besides that, the worse curse of a five years’ foreign intervention and all the civil hatreds it has engendered to quiet down. Let us give her a chance to finish the great work of liberalism which, under such adverse circum- stances has come to the surface, while we, with Anglo Saxon common sense, attend to our own Mexican problem in the South. “Phe Cat Out of the Bag. In a speech at the recent dinner in Washing- ton given to the Hon. Thomas Cave, M. P.,Sena- tor Cameron said that after his retirement from the War Department, had not the contracts which he made for arms been rejected on the ground of excess, the country would have been spared the anxiety and the peril of keeping the army for so long a time from going into the field properly armed and equipped. The in- ference inevitably follows that Mr. Secretary Stanton, in cancelling those contracts of his predecessor and in making new contracts, had his own friends to provide for, and hence the long continued cry of “ All quiet on the Poto- mac.” This lets the cat out of the bag. A good many hard things were said of Secretary Cameron’s extravagant contracts about the time of his retirement, but they were baga- telles compared with the extravagances which followed. As he was “Honest Old Abe's” first choice for the War Office, and as he has proved stronger in Pennsylvania even than Old Thad Stevens and Forney together, we think that General Simon Cameron would be a good name to put on the ticket with General Grant for the Presidential succession. Sayta Anna.—We have received from Anto- nio Lopez de Santa Anna, Jr, a document which we cannot publish ; for it would subject us to at least half a dozen libel suits. It brings wset of charges against Mr. G. Naphegyi, which are of a strange character, and which throw @ still greater cloud around the movements of Santa Anna while in the United States. GENERAL GRANT'S RECEPTION AT GOVERNOR'S ISLAND POSTPONED. At alate hour Jast evening General H. D. Wallen, the Commander of Governor's Island, received the following telegram from General Grant, whereby it will be seon that the reception intended to be given bim at Gover- nor’s Island by the military authority will be indefinitely postponed :— Wasmecton, July 19, 1847, General H. D, Wattex:—Don't have ‘on on Monday, U. 8 GRANT, G-meral. About a thousand Invitations have beem issv.ed for the Teoeption, and the unavoidable detention of the General ‘at Washington will be a disappointmer.s to those who anticipated meeting him on Monday, _ EUROPE. BY THE CABLE T0 JULY 19-- MIDNIGHT REVOLUTIONARY ADVANCE ON ROME, Maximilian’s Death in tho Cabinets, Parliament and Press. Freach Legislators on the Enemies of the Empire. REVOLUTION IN ROME. Reperted Action Between the Garibaldians asd the Italian Troops. i Lonvom, July 19—Midnight. ‘A report reached this city to-night from Florence, tating that a fight had occurred: betweea a party of. Garibaldians and the Italtan troops near Vicenza, Garibaldi Announces the Time. Fronenor, July 19, 1867, Garibaldi announces to's great meeting at Pistoia that the time has come for liberating Rome from Papal tyranny, and restoring to the oity her ancient (reedom, Parliamentary Policy oft he English Cabinet. Lospon, July 19—Midnight, In the House of Lords this evening a request was made on the part of the government that the House would refrain for the present from any expression of opinion, by resolution or otherwise, in regard to the execution of Maximilian by the Mexicans, EUGENIE AND VICTORIA. The Empress to Visit the Queen. bd Lonpos, July 19, 1867. Her Imperial Majesty, the Empress Eugénie will visit Queen Victoria at Windsor Castle on Sunday noxt, UNIVERSAL FREEDOM. in Scotiand. Epmsvuran, July 19, 1867. William Lloyd Garrison has arrived in thiscity, where he has been welcomed with signal honors, The munici- Ppality of Edinburgh have received him as a public guest, and have presented him with tho freedom of the city. ENGLAND. A Holiday on ’Uhange and in the City. Loxvor, July 19, 1867. To-morrow will be obzerved asa holiday. The Stock Exchange will be closed and business will be generally suspended in the city. FINANCIAL AND COMMERCIAL. Ds Tae Loxpon Money Marxer.—Loxvon, July 19—5 P. M.~Consols for money, 94 7-16 ; United States five-twenty bonds, iy B Tilinois Contral Railway shares, 76% ex dividend; Erie Bases teres, 4; Atlantic and Great Western Consolidated bonds, ‘Tux Liverroo. Marxut,—Lrverroot, July 19— 5 P. M.—Cotton closed firm and active. Sales to-day 115,000 been uplands at 103d.; middling Or- ‘Trape ml Manchester market 1s, July 19, steadier, and holders of goods and yarns demand an advance, which is not conceded by buyers. Liverroo Brrapsturrs ~ ‘Manxar,. July yt ag og ea 40a, 64, oli Liverroon Provisioxs Marxet.—Liverroot, July 19— 5 P, M—Pork, 738. 6d. Beef, 140s. Lard, 49s. Bacon, 428, 64. Cheese, Liverroon Propucs eee July 19—5 P. M.—Pot ashes, Sle, Rosin—Common, 73 ; fine, 128. Spiriis of turpentine, 81s. Petroleum—Spirits, 9d.; re- fined, 18, 34. Tallow, 44s. Clover seod, 41s, Loxpox Marxers.—Loxpon, July 19—5 P. M.—No. 12 Dutch standard sagar, 25a, 64. Scotch mig iron, 68s. 10s. a Calcutta linseed, 68s. 64, Linsebd cakes, seed oil, £41 10s, Whale oll. £32. Sperm oil, £1 Marine Intelligence. QuaEnstown, July 19. —The steamsbip Russia, Captain ‘ork om the 9th inst., surived bore (it Captain Thompson, from New York on the 6th inst., ‘also arrived here this morn- poy Son sailed shortly afterwards for Liv: pon, July 19.—The steamship William Penn, Captain Billings, trom New York July 6, has arrived In the river Thames on the way to Brest. Giasoow, July 19.—The steamehip Iowa, Captain Craig, from New York July 6, arrived at this port this BY STEAMSHIP TO JULY 10. The German mail steamsbip Deutschland, Captain Weasels, which left Southampton on the 9th of July, arrived at this port yesterday afternoon. The German mai! steamship Allemannia, Captain Meier, which left Hamburg on the 6th of July, arrived at this port yesterday afternoon. By these arrivals we have interesting mail details of our cable despatches to the 10th instant An address to the King of Denmark relative to the question of North Schleswig bas been unanimously adopted by both houses of the Legisiature, The Ministers present refrained from expressing any opinion on the subject of the address, but the President of the Council, im his capacity as member of the Landsthing, recorded his vote in its favor, ‘The Russian steamer Olga, with the Grand Duke Alexis, son of the Czar, on board, had arrived at Valetta on her way to Cadiz, whence she proceeded on a scien- tile voyage to the West Indies, subsequently to visit, it was said, the United States, The first meeting representing the former Honveds (National Guard of 1648) of all parts of Hungary was held in Pesth. The formation of a Central Committee, which fato act in their common interesta, was decided upon, Tho next meeting is to be held at Arad. ‘The Berlingske Tidende, of Copenhagen, publishes a communication addressed to the Cologne Gazette and the North German Gaeette, by four hundred and twenty-six Germans domiciled in Denmark, expressing the most grateful recognition of the hospitable and friendly man- ner in whieh thoy had been received in Denmark, and declaring from their own personal experiences that the requirement of any guarantee for the treatment of the Germans in North Schleewig by the Danish government was entirely superfinous, Lieutenant Colpeiro and two corporals of the Spanish Chasseurs have been shot at Valencia for being impli- cated in a military conspiracy. A telegram from Constantinople says: — The Sultan bas accepted an invitation of the Bmperor of Ausiria to visit Vienna Nothing is decided about the Sultan visiting Berlio. There is no reliable news trom Crote, io je fands of Dificalty—Remi- Panis, July 8, 1967, ‘The French ministerial and governmental preas is en- doavoring to make all the capital it can against republi. canism out of the exeoution of Maximilian, A few months since the anti imperial forces in Mexico were always spoken of as “brigands."’ Now (hey are univer- sally classified as “ihe republican: Most strenuous efforis seem to be employed to publicanism into contempt by linking their names and deeds with it and holding \t in a measure responsible for them. I doubt whether the executin of Maximilian will have the effect to render the reyations between oar gov- ernment and that of “France more cordial. There is ® general feeling here that the gov- ernment of the United States ought to have saved Maximilian at all Gagarda, Still even such minis- terial journals as (a¢ Pairie express the hope that Mexico will be wiped out and taken by the United Staten [a eayarticle of July ¢ dis iournal eare,—-"The j gsEEH2 3 ier ide He il fight Hi fas fr i A i att ! Froach OMcial Review ef the Situation tn Mextco—Maximilian as a Ruler. an Spanish Viceroyaity, so pros) us ad so tranquil under the government of the moster¢ stained its soil with the biood of the chiefs of its govern- ment, In 1824 the Emperor Yturbide was fully delivered up and shut at pice, ant, in President: faa gl nly bee. for te money, suffered a Acapulco, ever interest may attach to the memory of two nothing in their origin or iu their Je with the illustrious victim whose be Ei . the of his brotber, the Emperor Francia in the ki dom of Lombardo Venetia, Drought up "acording to modern ideas, and in the contin: habit of seemed a Prince designated by Providence to create the New World a worthy of his house and of the sovereigns who ned to recognize him from the moment of bis accession to the throne. For fifty years Mexico had been a prey to the most horrible anarchy, acts of pillage and civil war. Ho who wished to consecrate hig. efforts to pacifying the coun. ty, filing up the abyss revoluiions, restoring ordee and endeavoring to render happy a country so favored by Heaven, this monarch, betrayed by one of his aude om he bad loaded with benefits, bas [allem e bullets: regicide committed on the lune are not yet known, but those of the act of Sth have reached Europe. The juerdtare, been seen that the town was uo longer aod it was decided to attempt by a vigorous sortie to break through the lines of the dissident leaders, Corono aud E \d rotine to the cily of Me: or to , an eitber wards tho Gulf, a man (we dare notsay a ei) te whom was iutrusted the guard of tho fortificd couvems of Santa Crug, which cummands the wholo tho man Lopez, for three thousand ounces of ve a silont passage te the enemy, out to them the person the Emperor, in the middle of his sieep, In vain did General Miramon at- tempt to resist; Le fell grievously wounded, and the unawares by yr forces, impertal army, surro! was to capitu! We shall know in a few days by what show of judicial forms the murder of the Empe- ror Maximilian. ed by Juarez’s ordors—wee lod. fgrhe Emperor Ferdinand Maximilian, second "agg 4 of Francis ustria, Was *4 r of Al Schoonbrann on thi July, 13 and Brit of daly, ABste the Pacess ‘Chaflote, daughter of King then Poventeth 7h. ol Ceged the in 1864—and one bis ekil- the 1864, a el tae Se ‘crown ©! tober, 1863, at the of Miramar, by © com= mission despatched bim by tne, Assembly of notables who met at Mexico, and who brought him the result of the vote of the beige gg A few days aftetwards the Em} and Char lotte left Trieste on the Austrian. frig vara. They landed at Vera Cruz on the 24th of May, and made wd "tchtoan sotto: baring eas ami w three years the Maximilian not cease te peo bimeeif with the of bis empire, and by means of num«rous journeys the coum. ty he bad acquired % exact acquaintance with the wants of the provinces, and these wants his governments Tuileries, Mr. Seward aad Miuister Campbell. que, Jaly To) fay that the Americas speror Maximalian, "Thom farer; and 1t be foreseen that the relations between the federal pet and the diexican republie wiil not be long amteable. It is in that way the presence crphasn thy z iF 5 at New Orleans of the American agent is lo be ments on the Regular Budget. Ta the sitting of the French legislative body on the Sth of July, M. Joces Favar deciared that he approved the demand of the government to sanction the opening of @ 000(, for the improvement of the arma- mente and jhe increase of the soldiers’ pay, bus he would abstain from voting upon thia on ac at a of the ex; re connected: wi M. Roca acknowledged the | of. the ex- Penditure, but said the ‘Cverpmens baa bee by circumstances to proceed in that way, as they been io ce Of an imminent confict acted ther owe Toepoustbility, aad be now asked fora alt of indemnity. athenean” why this credia bad been placed among, ting debt. M, Verrer re wed thas thie hed been carat eee ine visionally, a8 the ror ‘only desired.to the great io cases ’. M. B preased fonrs that t vat dering ‘tee Yoouss ‘of the legislative body, poreebe nn upon the funds reserved yp leg 3 samy budget. M. Vorrey, in hus. reply, that this approhem- = was unfounded. 55 in spite and Was bo grea, Udsfortume in bav- Co, 7) & Lngom! ,000 the thoarng Sit cenncaated 10. 1,04 re tbat neither Yee vel of bringing home nor the expenses of tye army and aavy had BS 3 i i Hy Hl g # M, Vorrry must remind the honorable momber that the loan of 800,(.0,000 author’ red in 1863 was especially devoted to former dofcits, ‘anterior to the four years mentioned. It was irae ‘hat there was a devcit of 51,000,000 in 1865, to whicl, must also be added 27,~ 000,000 or 28,000,000 of Mr xicaa bonds, WI wow robadly not be paid. (’ nterruption,) The remark he ad made sho {ankniess employed by the gov- He wished to the ernment in the discurs\- ad “ao dow tho government’, but it was mot very real in Gnancial matters. Whe a'the Mexican indemnity had been intro- duced into th’, estimates as recoipta he had said that it Could not Qe, realized, ag Mexiog could not at the sama