The New York Herald Newspaper, July 21, 1867, Page 6

. ra 5 NEW YORK HERALD. JAMES CORDON BENNETT, PROPRIETOR. JAMES CORDON BENNETT, JR., MANAGER, BROADWAY AND ANN STREET, Al) business oF news letters and telegraphic despatches (must be addressed New Yore Henatp, Letters and packages should be properly eealed, Rejected communications will not be returned. THE DAILY HERALD, published every day in theysar, Bour cents per copy. Annual subscription price, 914. THE WEEKLY HERALD, every Saturday, ab Five Annual subscription price: - bers per copy. } JOB PRINTING of every description, also Stereo- dyping ond Engraving, neatly and promptly executed ab Be lowest vates, AMUSEMENTS TO-MORROW EVENING, BROADWAY THUAT?%, Broadway, Birect.—Tuw Woman in Watre. acar §=Broome WORRELL SISTERS’ NEW YORK THEATRE, oppo. wile Now York Lotel—Biack Suxur. ' oLym Cowen ri0 THEATRE, Broadway.—Tax Fast Max— RMCONSTRUCTED, ' BOWERY THRATRE, Howery.—Tax Kxicnes of rue Peoss—srsoTRe BriwecRoox. ' BANVARD'S NEW YORK MUSPUM. Broadway and yy sireet.—Cunigsitizs or Nature ano Ant.—lus Laby or Lrons. \ BROOKLYN ACADEMY OF MUSIC.—Tmr Arans anp tes Rep Deacon Troure ov Jaraxwsa ix Tuain WoxDER- i Penvonwanons. 7 a BUTLER'S AMERICAN THEATRE, 472 Broadway.— Bauer, Farce, Pastowmr, Burcrscugs. Evioriam, Qowie Aww Buwtaomrran Vocatiss, 0.—Te Zanvorred ROUrE, ’ RIGHTH AVENUR OPERA HOUSE, corner of Thirty. Fourth atreet and Kighth avenue.—H aur ann Ken's Trours NA VARIETY OF LIGHT AND PCBABING INTKETAINMKNTS.— iw Haver Courts. pomeeenaren «BROADWAY OPERA HOUSE, No. 690 Broadway.—Tar = MINSTRELS IN SCENES YROM SOUTHERN PLANTARION em, A. HOOLEY' SOPERA ROUSE, Brookirn.—Prmiortan Mime eELeY, BAttaps 4XD BuRiesques.—Tue Yrocnxss oF a ATION. ‘ TERRAOF GARDEN, Third Avenue, Fifty-righth and Fifty-ninth streets.—Tuxovons Tuomas’ Porviau Con- wants, at 8 o'Clock P. “_ NEW YORK MUSBUN OF ANATOMY. #§ Rrosdway.— imap axp Rigat AkM OF Frosst—Trs WaenisuTon reR—WONDERS IN NATURAL Pa se Ag mes Daity, Open from irr IPLE 1, 1867, EUROPE. The news report by the Atlantic Cable is dated yes- Gorday ovening, July 20, ‘ Napoleon contunuecs his warlike preparations, Theo @ililary workshops of France are overtasked with work end cavalry horses are being purchased. The news of ‘war proparations from Paris produced great d@struet fn ‘nancial circles in Frankfort, and the government and @il other securities wore very flat. Tho Russian journals expreas great dissatisfaction at the French verdict and sentence in the case of the as- gassin, Berizousk!. Tho review of the Mritish voiun- eors in Lonor of the Sultan passed off in a very credita- bie manner, The Derby reform bill is generally sus- tainod in the House of Lords. Tho London 'Change was closed for a holiday. Gwonties were at 76% in Franksort. ‘The Liverpool cotton market was firm, with middling Uplands ab 10d, CONGRESS. Ia tie Sonate yesterday, on the proposition to recon- fidor the adjournment resolution, Mr. Chandler and Mr. Fessenden indulged in harsh but parliamentiary lan- guage lowards one another, which was, however, inter- rapted by « resolution of Mr. Sumnor dofining the privi- Reges of debate in the Senate with regard to a civil ofi- oor lialle to impeachinent. The report of the Coaference Commitee on the motion to adjourn until the 2st of ‘Novomber was agreed to, and after an executive session @b9 adjournment took place. in the House, the Senate bill to establish peace with certain Indian tribos was amended and passed. A reso- fution was adopted instructing the Judiciary Committee to report forthwith on the Impeachment question, A commynication from the Presi e pub. fication of the Cabinet proceedings was received, iu which he says the publication was made by his authority, The report of the Conference ‘Comutioe on adjourninent was agreod to, Jast as the Impeachment Committee was ready to report, the hour for adjournment arrived, and the House was delared ad- fouraed until the Zist day of November. the uomiuation of Horace Greeley av minister to Aus. Ara was tabled in the Se a Otterbourg aa Secretary of L Morice was rejected MISCELLANEOUS Te the Constitutional Convention yesterday, afler some Uusmportant business was transacted, it was discovered Chat there was no quorum present. A call of the con. vention was ordered, but on motion it was suspended after some dobate, in which members were soundly +, rated for ieaving on Friday after voting recoss “trom Friday until Monday, and thas © other ‘merabers to remain te no purpose. An hon took place entil Monday. Penators Wade and Sumuer, Speaker Colfax, Mr. Stevens and others wore serenaded in Washington inst bat Speaker Colfax .was the o ul i specch of any length. 3 Fives * Tu the Sorratt trial yeetorday another @o bayiog soon and spoken to the prisonor at Elmira on the i4th of April, A brother of the accused was also altos to tho stand, but his testimony amounted to wothing, Mr. Bradley said that an *mportant witness was at'| absent, but he Willing to enduit the case without argument if the court could not wait until Mon day. The court agreed to wait until Mooday and ad- journed. One of the Jarors was taken very 1!! dering tho day and was compelled to He upon & lounge while the texmooy was being tak A graphic and detailed acc of the scenes atiend- fog the execution of Maxim /liaa ie published in our col- ‘amps this morning from a Querétare journal, dated on the day after the event. A letter to the Empress Car- Tow wetten by the imperial prisoner the night before is also published. Some now facts are to tho trial of the prisoners, one of which i that Minteter Romero, at Washin, , Secured the order for the execution against the strong inchina- tion oa the part of Juarez towards clemen Oar faebions letter from Paris contains the usual Apcy chit-chat about female attire, including a deserip- tion of the dresses worn by the hig dames at the prize distribution The Parisian clegrnies at present hare @ mania for dying their complexions with chicory, Mrs. ‘Yr. Mary Walker and several other strong-minded femaies are cisplaying thelr costumes quite lavishly at the Grand Hotel. Two Spanish frigates recently arrived at “t. Thomas for the purpose of watching the American bark \atmos, which lad pot im there in distress with a cargo of orduance and ordnanco stores, probably destined for Code A few days afterwards, bowever, four Ameri. oan gunboats arrived, having been sen! * by the American Consul at St, Thomas, end the Spaniards quietly withdrew, Gouoral RE. Lee, it is said, is to be appointed Presi. ent of the Covington and Ohto Ratlrosd of Virginia, and Sais son, Custis, is to be chief engineer, ‘The records of the Richmond Court of Frustings for bet: months having shown that the penalties imposed ere trifling in proportion to the alleged crimes, and indictments had been dismissed because it was Geipip that the judgment of the Court was wot aside in NEW YORK HERALD, SUNDAY ‘JULY 21, 1867.—TRIPLE . "SHEET. tases where the parties were bora north of an {maginary line, General Schofield has called the attention of tho Recorder to the fact, and required him to make au Ox- Pianation, if possible. Daniel Fredorick Rakeman ts living in Caliaraugus county, N. ¥,, having attained the ago of one hundred And seveo years, with all bis faculties remaining vigor- ous. His habits have nevor boon considered very abati- Rent as regards tho drinking of liquor. ‘Anew ohanoel was formed in the Missourt river at Pera, Iowa, on the Sib inst., by the action of the cur- rent, cutting through a narrow neck of land and shorten- ing the route by twenty miles, By this cut-off several thousand acros of land aud the town of Hamburg, Iowa, wore transferred to the Siate ot Nebraska, Despatches have been received from the naval sqaad- ron off the South Coast of Africa, at Simon's Bay, to the 28th of May, ‘The veasels at that point are the Iroquois, Unadilla and Aroostook, Fifteen stoamors, carrying %,262 passengers and $1,502,073 in specie, departed from this port yesterday, bound for European and coastwise ports. The United States Consul at Fayal, om the 9th ult, writes that 3 voleano ts im full eruption im the sea, about nine miles westward of the Island of Terceira. ‘The suit of Gerritt Smith against the Chicago Tribune for alloged |ibel has been settled. There have been seven deaths from cholera in Mem- pbis, Tenn., dunng the last two days. A boiler tn the works of Clapp and Jones, near Pike slip, burst yesterday, séverely injuring two nion and five boys, Gonoral Sheridan has fixed the Sist inst, for the clos. tng of registration in bis disiriet, The stock market was strong yesterday. ments were firm, Gold clo ed at 139%,. The markets ag @ general thing ruled vory quiet yesterday, Domestic produce was irregular; while “merchandise waa steady and in some cases firmer, Cof- feo was dull and nominal, Cotton was quite active and highor, middling uplands closing firm at 27c. On ‘Change flour was moderately active and steady. Wheat was irregular; winter advanced about Ge, and California Ge, 0.100. while spring was unchanged, Corn was wn sottiod, and penorally 20, a 3c. lower, Oats were steady aud firm. Pork was in moderate request at former preea, Beefand lard were unchanged, Freights wore duit. Naval stores were less active, but steady in value. Petroloum remained firm, Govern. Important Debate in the French Chambers— The Position of Frauce in Kurope. In the Heratp of yesterday we printed at some length the two important debates which took place in the Corps Lé¢zislatif on the 6th end 7th instant. These debates are deeply suggestive ; they show us that, although the Emperor has abolished the debate on the ad- dress, he has not been successful in ex!ingnish- ing liberty of speech in the Chambers. It was well known that this opportunity was waited for, and it must now be admitted that by the liberty of speech which has been used in th’s debate on the budzet, so far as it has gone, deputies have amply avenged thomselves for the wrong which was done them by suppress- ing the debate on the address, If such liber'y continues to be taken by them in their discussions it will be necessary for Napoleon either to restore the debate on the address or to abolish the debate on the budret. The former would be a success to the Chambers ; the latter would -be certain to precipitate revolution. This, however, is not the only lesson io be guthered from these debates, No one can read them without feeling convinced that the anti- Napoleonic feeling which has always existed, and which of late has been known to be power- ful, is acquiring greater strength and manifesting greater boldness. M. Thiers | is not afraid to exclaim that “while he is unwilling to question the general sincerity ot the government he cannot admit its honesty in matters financial.” M. Richard convicts the government of positive falsehood; and M. Garnier Pages, after a most gloomy picture had been drawn by another deputy, had the temerity to ask “whether such was the result of a fifteen years’ reign.” It is equally manifest that, notwithstanding great outward show and much apparent prosperity, the empire is really burdened with a crushing incubus of debt. A debt of eight hundred and eighty millions of francs certainly justifies the language used by a deputy a few days ago when he spoke of it as “the price of the empire.” To our mind, however, the most alarming thing was the war spirit which was manifested during the pro- gress of the debate, The altered and isolated posiiion of France was deplored. Prussia, Russia, England, Italy, all were against her, Allies she had none, The only alliance at » available and desirable was that of Aus- trin. Prussia wae stronger in money and men than ever, and might be regarded as France's “tirst possible adversary.” Italy, already im- patieart of ihe supremacy of France, would be too glad of an opportunity to join ler enemies. Kugland would not object to Ry vrehing to Constantinople, and Russia would encourage England to take possession of Egypt. Was the Suez canal—that glory of the ave vnd offspring of French genius—-was it to fl hands? . Nover, never. France would prevent ii. These sentiments may have been expressed for another and a deeper purpose than that which was appa- reni, They may aud probably were utlered rather in the intcvests of the government than egainst it. Whatever might be the object for which they were usiered, the simple fact that they could be expressed, and expressed amid signs of all but ny sal approbation, is proof sufficient that France is deeply dissatisGed with her attitude among the nations, that the war spirit is reviving among her people, and that she will seize the first opportunity to recover, if possible, the position which, rightly or wrongly, she belioves she has lost. ‘The situation of Napoleon at the present mo- ment is therefore peculiar. For fifteen years the empire hes been dazzling and magnificent; this last year bas been the most dazzling and most magnificent which the empire has seen. The princes of the earth have come to visit this modern Solomon and to behold his glory. His name was to fill the whole carth, France was to be the greatest of nations, Paris the greatest of capitals, and Napoleon the greatest of monarchs, The programme, however, bas not been ended. The Exposition is not yet closed. The royal visitors have not all retorned to their homes. Some of them are still in France, gazing at the splendors. It would all have been well but for this stupid Corps Législatif, They have bungled the whole business, But for them the illustrious strangers would have gone home, each to his own country, and pro- claimed each (o bisewn people the glory of France and the wisdom and greatness of her Emperor. But now, alas! the veil has been removed, and beneath all this outward splendor, this dazzle and magnificence, they bebold hollowness, rottenness, corruption, and hear firm but suppressed cries of deep discon- tent. Filled with shame and disappointment because of these unexpected disclosures, what will Napoleon do? With a burdensome and increasing debt, with a rebellious and open- mouthed Assembly, with the entire pation on grumbling because of imagined disgrace, with murmured disapproval in many quarters of the empire and its chief, and with th ghost of M:xim'lian, wrathfol and rebuking, ever stalk- ing at his elbow, what will Napoleon do? We must walt a little to s9e. The Pope and Italy. Deputies from two hundred Italian cities have paid their respects to the Pope, and the Pope, throngh these deputies, has paid his respeots to the kingdom of Italy. To the Pope the deputics gave an album, on each page of which was inazribod an “address of dvo'ion” from some Italian city—a tangible evidence that in two hundred cities there were sent ments of reverence and love for his Holiness ; and the Pop? in return gave his opinion of the result of all that political and warlike move- ment that during the past ten years has raised Italy trom servility aud degradation and given her a place among nations. His Holiness called this result “a unity without charity, without justice, and accursed by Gol” This would a°em like o harsh return for the kindly demonstration of the deputies ; but in fact they appear to have liked it; from which it might be inferred ‘that they are men who hive somo cause of discon‘ent withthe Italian kingdom— that they ds:ike it, and are not fair specim ns of the progressive men of that couatry. From this it ia not a great step to the thought that if amiable addresses are only presented to the Pepe by ma'conten's, they have less value than tiey might coming from o‘her hands. When we look at the Pope’s charge, that (he kingdom is without charity, and reflect that this is brought out by ils coniiscation of the Church es‘ates, we cannot but feel that his Holiness has indulged in undue, perhaps even uncharitable, warmth over such unworthy worli’s gear, and that he has a human r udiness toward some bilterness of temper. And this induces us to hope that the Grand Council may not declar? the Pope above all hum:n fallibilities until this qnes‘ion of the Church property is settled in som2 shape and out of thy way forever. When we consider the Pope’s declaration that the kingdom of Italy is “accursed by God,” we readily contess that the Pope must know more about that than we do, and wo lose ourselves in reflectng what an ad- mirable and convenient thing it is to have on earth a genuine representative of St. Petor with authority to dispense the wrath of Heaven in accordance with the complications of Euro- pean politics. . Movements of President a iadame Juarez. The telegraphio despatches from New Or- Jeans which we published yestord1y announced the arrival of President Juarez in the ¢ity of Mexico on the 14th instant, and, by a singular coincidence, that of Madame Juarez on the aame day at Vera Cruz. The reception of both is described as having been accompanied by acclamations as enthusiastic as these which, according to the Paris Moniteur, greeted Maxi- milian and Carlotta upon their entry into the capitol of Mexico on the 12th of June, 1864. No doubt Juarez must regard the cordial re- ception extended to him as an additional proof of his popularity among his countrymen. But he is reported to have chosen with great sagacity the very moment of his triumph to | decline emphatically a re-election to the Presi- dency and to order a new election to be held. He proposes to retire to his haciends in the mountains as soon as his successor shall be elected. Thus he will avoid the thorny com- plications which any question as to the censti- tutionality of his position might occasion. Maximilian and Santa Anna and Ortega having been disposed of, Juarez will leave the Mexican people in perhaps a better condition than ever to make a free and deliberate choice of a new Presideat, His own voluntary retirement from power will remove at least one cause that mizbt have aggravated the chronic tendency ot Mexico to the feverish excitement of faction. There was a ceriain consistency with the moral support which the United States government has afforded to President Juarez, as the recognized representative of the Mexican republican party, in placing the rev- enue cuiter Wilderness at the disposition of Madame Juarez on her return to Vera Cruz, And if with the letter sent to Juarez in behalf ot Maximilian’s life, the Uniled States government had also sent a steamer to Vera Cruz to be placed at the disposition of the fallea Emperor upon leaving Mexico, the world would have ap- plauded the act and the most devoted friends of republicanism would have joined in the applanse, A Good Appointment We notice the departure, yesterday, of Gene- ral Thomas Kilby Smith for the Panama consn- lato to which he has been appointed. We deem this by far the most important consulate in the gift of the government, and are pleased to see that it has been conferred upon one of our Major-Generals who won his distinction by sol- dierly action. Upon the Isthmus of Panama we are to fight ont, politically or by force of arms, the next greui question of European in- terference on this continent. The attempt to arrest ovr march by throwing a royal barrier into Mexico has failed. The questions which have laicly arisen in Colombia indicate the growing desire of France and England to gain possession of the narrow transit which will con- trol the vast trade that is springing into life on the shores of the I For a proper protec- tion of our inter where so much of our commercial vitalit tred, we cannot be too careful; and in view of this we believe the present appointment to be a good one. © Panam, aa Se ee Mr. Beckwith aod the Legion of Honor. Mr. Beckwith, (ve United States Commis- sioner at the Parise Exposition, has received from his Majesty the Emperor of the French the Order of the Legion of Honor, and flaunts the little vanity in his button hole. These words occur in the constitution of the United States: —“No person holding any office of profit or trust under the United States shall, without the congent of the Congress, accept of any pre- sent, emolument, office or title of any kind whatever, from any king, prince or foreign State.” We suppose the office of Commis- sioner is one of trust, if not of profit; but as Mr. Beckwith is a resident of Paris, and doubt- less propoves continuing so for the remainder of his natural life, and as he sought the position in order to get the ribbon, it is doubtful whether he cither knows or cares what the constitution may have to say on foreign honors. Tho fact, however, puts in a clearer light the bad taste of the government in giving such positions to men having such little real or sympathetic relation with our institutions Uniform Syntem of Coinage. Tho diversily of gold and silver co'ns and of the monetary systuims of neighboring countries has ever been a cause of the greatest annoy- ance and vexation to the travelimg and com- mercial public, to s3y nothing of the actual loss in exchange, The only persons who profited by it wero those amiable people who change the English sovereign or the American eagle into French francs or German thalers, levying a considerable contribution on the amount, and who, the continental trip being complet:d, made an equally pleasant and profitable little operation by converting what was lett of French or German pieces into the coin of the travellor’s own country. In every place where the frontier of some little German principality was crossed it was found that the coin of the province or principality just passe did not have free circulation in the dominions of the hich and puissant mightiness who ru'ed supreme in the province just enterd, and tvat the thaler and silbergros of the one must be converted into the florin an Kkreu!z>r of the other. It was a system oalcalate!, perhaps, to enforce the virtue of patience, long-suffering and slowness to anger; but it may be doubted whether it was not more conlucive to bal tempor and profane swearing than to any good Christian quality. In commercial affairs tho annoyance, vexation and logs by exchango would not be so great, or would be, at all evenis, pretty fai ly equalize] between tho par- tes; but in travelling all the loss and vexation fell upon the one party. Recently, however, a reform movemoat hag been iniliatel by monolary convention agreed on between Franog, Iialy, Swi'sorlani and Bolgium, by which a unitary system of money has been given to tho sixty-oizht mil- lions of people who form the aggregate popa- lition of those countries. This convention bears dats Decomder 23, 1865. Tho sittings of tie commissioners who fram it took plac? in Par's, in the hotel of ths Ministry of Foreign Affairs. The doubdle.standard of gold and silver has been maintaincd—that is, a legal tender may be made in cither metal. The gold standard is represented by piee2s of twenty, ten and five francs (about equal to pieces of four, two and on? dollar, American coinage, if wo had such denommmations). The silver standard is represented by crowns (écus) of five franc pieces (equal to our silver dollar), and by pieces o| two francs, one franc and half a franc (equal to forty, twenty and ten cents, American). The standard of finoness for silver coinage is fixed at 835 thonsandths. Tho silver coin of Swizerland on!y possesses @ fineness of eight hundred ihousindths (ons- fitth being alloy); bat all that coin is to be withdrawn from cirenlition by 1878, it circu- lating in the meantime on the same footing as the coin of the other Sta‘es. The total” issue of each country In silver coin is to be in pro- portion to its population on the Ist of Janu- ary, 1880, as estimated on preceding censuses. Tt is fixed at six fraucs per head; so that France will have the right to isspe two hun- dred and thirty-nine million of tranca (say: forty-eight million of dollars), Italy one hun- dred and forty-one million, Belgium thirty- {wo million, and Switzerland ‘seventeen mil lion. The reason for this limitation is that the nominal value of thes> coins is greater than their real value, and, without such limitation, each country would be apt to strive for the advantage of issuing more than its fair share of these coins. Silver coin, thus depreciated, is to be a legal tender in private transactions only to the amount of fifty francs, as in Eag- land, whore it is limited to two pounds ster- ling; but it is to be reeeived without limitation ‘| by the banks, each government, however, stipulating to give gold in exchang> for the small silver picces, The governments also agree to inform each other annually a3 to the amount of their issues of gold and silver coin, tuguess millreis is worth five francs sixty cen- tims; &% would have to be reduced to tho rate of our gold dollar. Tie Russian demi-impe- riale of five roubles is worth twenty franes sixty-six centimes, The redaction of each royble by thirteen centimes in gold would m:ke the demi-hmperisie equal to the gold Napoleon. Tt will be s-en that the friends of this mone- tary reform do not at all aim at introduciag a now system of coins im place of those im cirou- lation. Thoy only desire that the coins in cir- culation in the various countries, and which will, under this system, have a free course in other countries, may have a fixed relative simple comparison of valne between each otier; thatthe French twenty-five frane piece shall be equal to ono En-lish sovereign, to ton Austrian florins, to five American dollars, to five Portuguese millries, to one Spanisia doub- loon and to ten Bast Indian rupees, and that the five franc gold piece shall be equal to one Awerican dollar and to one Portuguese millreis. The fiacness of the gold stindard is to be nine- tenths or nine bundred one thousandths, and any attempt to lower that standard In the soin- age of any country would be guarded against by a provision that it should be followed by an exciusion from the union of the coins of that country. Tao proposed reform for uniformity of commge ia very well in-some respects, and certainly betier than the present confused sys.em, or rather want of sys'em, among the commercial nations, But it evidently leans too much in favor of Europe. the dvcimal system of the United Siates is. the simplest and best, amd that if a change be made by international consent it should be thorough. mercy of Europsan nations, and particalarly of England, in monetary maiters, wich have con'rolied the exchang-s against us. cantion ths government, therefore, to de- liberate well before it commits itself to any alteration proposed by the nations of Rurope. We hold that We have been too long at the We Lottery and Liquor ‘Dealers and the Revenue Law—The Authority of a License. We give in another column the judgment of Chicf Justice Chase on those knotty points of law that arise when the United States confers @ license to carry on a trade that is forbidden by State statutes. There are trados that are lawtul in certain States and unlawful in others, as the dealing ia liquor and lottery tickets ; and it fs upon these that the cases arise. isin harmony in those States where it is quiie lawful to deal in those ariicles; but conflict arises in other States where, though the traffic be unlawful, it is actually carried: on— winked at in most cases by the local author- itica, Tho. United States revenue officers, not having any authority to discriminate between States, tax these trades wherever they find them, and issue a licens>; and it results, in the States where the trade is forbidden, that the illicit dealer, brought before local courts, pleads this United States license as an author- ity that lifts him above local law and permiis him to prosecute his otherwise forbidden traffic. Chief Justice Chase decides that the United | States license is not an authority in any sense, | but is simply part of the machinery for layii @ tax, and cannot for a moment be coi as touching the general principle of constitu- tional relations, that the United States govern- meat has no power in the internal commerce of any State. This is sound, though perhaps it might have been more technically accuraie if he had held that the license isa limited author- ity—a permission to carry on the trade so far as its taxable relations to the general govern- ment go, and no farther, inasmuch as while it is the evidence that the dealer has performed his obligations under the revenue law, it does not pretend to touch his relations to the State. The Chief Justice purposely laid aside all All red question of public policy as beyond his pro- vince, and of course was estopped by his po- sition from reflecting on the morality of trades that are legal in many States. the amount withdrawn and the amount of old coins sent to the mint. There is a clause in this convention under which any nation that chooses to enter into the system may do so, ond itis said that the Papal government has determined to avail itself of that privilege. The English monetary system is one of the clumsiest that can be imagined, and one the least likely of all others to be made easily con- formable to a unitary system, based on the decimal principle. And yet it appears that, with a hardly appreciable diminution ia the weights of its gold coins, they can be, without any change of denomin:tion, brought into the operation of the new plan, The Enzlisir sovereign contains only four cents more in gold than is contained in twenty five francs. ‘That difference is hardly greater than is now allowed for imperfection in coinage and for the diminution caused by friction, &e. At the end of a tew years’ circulation sovereigns would b» really worth no more than twenty-five francs, because they lose annually at the rate of one- thousandth. Our gold dollar is worth, at present, five france and eighteen centimes ; so that, to make it conform to the unitary system, a recoinage would be necessary, 80 as to cut off that excess of nine cents. Then our dollar would be ex- actly equivalent to four shillings English, and our five dollars to the English sovercign— & simplification which would be found of great convenience in our commercial relations. The gold dollar being then worth two rupees, it might become the circulating mediam of India, taking the place of the silver coins which now form exclusively such circulating mediam in that country. It is expected by those who have taken most interest in this movement that, with Eogland and the United States in it, all the other civil- ized countries of the globe would soon come into the arrangement. Austria is said to be ready todo so. Her silver florin is worth two francs forty-eight centimes; so two fiorins would be about equivalent to five francs—the difference being only four centimes, or two cents. Austria bas at present no gold coin: so there would be no difficulty in her coining gold The Adjournment of Congress. Congress has adjourned till November, which is simply adjourning to its regular ses- sion, with the time for that session fixed a little earlier than usual. This puts a sudden damper on the exploitation of all those grand schemes and all that humanitarian philosophy that cer- tain of the radical leaders carried to the na- tional capital ; no grand Alabama demonstra- tion from Chandler ; no universal confiscation and redistribution of property from old Ben Wade ; but Congress has quicily and practi- cally gotten through with what it met for, and is going home. This is ® praiseworthy course, WR believe, on the whole, it is better that the President, even by his Veto Message and his Message on the Southern State debts, could not stimulate Con- gress to take up the business of impeachment ; for, since he can do none of the wrong he dreams, it is more in accordance with the sense of the country to express distinct opinion of his barmlessness by leaving him alone. ‘The Associated Press and the Reform Bi The reporter of the Associated Press an- nounces through.the Atlantic cable that the tories in the English Houee of Lords susiain the Derby-Disracli Reform bill, and that Earl Grey opposes it. This piece of intelligence is not worth the cost. What else can the tories do? If they oppose the bill they endanger Lord Derby's tenure of office, and perhaps lose Disraeli. Everybody was aware that the measure was sent to the House of Lorde on the 16th of June, with the understanding that it would be passed by the Peers. Earl Grey op- poses the bill for the reason that he expected @ more robust offspring from his own measure of 1832. The Maxiatiian Papers. We observe that the private papers of Moximilian are reported to have fallen inio the hands of the Duc d’Aumale, in London, and will soon be published. They wil! throw pieces of two and ten florins, equivalent to five and twenty-five france. As Ansiria, like our selves, has to pass from a depreciated paper currency to the specie standard, it would be the more easy, in the meantime, to make such changes in the coin as wonld promote the desired uniformity. The Prussian thaler pre- sonts more difficulties; but as the gold Napoleon circulates extensively in Prussia, where econo- mists have recommended its adoption, the matter may be simplified. The Spanish dout- loon is worth twenty-five francs and eighty-four centimes, six centimes or three cents less than our half eagle; and tho same rule that #pplies ta tho one applios giso to the other. The Por- & flood of light upon the secret history of the intervention, and will, we fancy, place the great wiro-puller, Louie Napoicon, in a mogt embarrassing position. Already he is defending himself through the Paris journals for the wholesale murder which he has cansed ley his Mexican expedition ond bis attempt to transfer Enropean authority to this continent. If the secret history of bis machinations be @isclosed in the Mexican affair it will intensify the indig- nation which is felt against him for his betrayal and desertion of the unfortunate Maximilion. In addition to the papors above mentioned it appears that we age to have @ defence of the shooting of Max'milian from the pens of come” of the ablest of tho Mexican statesmen. These are documents which cannot fail to be of valuc, end we look for them with cousiderabie intereat. VIRGINA POLITICS. SPECIAL TELEGRAM TO THE HERALD. Johuw Minor Botti’ Piuiform of Princtptes— Speeches by Governor Pierpoint at Whites- ville and Clover Depot. Ricuwosp, Joly 29, ny 11 o'Clock P.M. Jobn Minor Botts has written a letter to ‘James EL! Bannister, Alexander Jackson and other colored friends," and, efter a vory levgthy exposition of bis views of the situation, lave down the following piatforas of principles which are to actuate him in his course as the forthcoming convention. ‘The iotter wilt appear tm‘ the Whig of Monday :— First—That socession is nots blunder simpty, but @, crime to be punished. Sccond—That the first allegiancs of every citizen ts te his country, and not to bis State, which is only a com~ ponent part of his country, Third—A \ideral and enlarged system of education for ail at the public expense, Fourth—Impartial suffrage and equality ia polittoal and legal rights, without regard to race or cotor, * Fifth—Froe thought, free speech and a free’ preas, Pao icontiousness or ‘depravity, througout free meriaa, Stcth—The recognition and porpetuation: of univerial porn whether berotofore constitutionally perfected ow otuerwize. Sevoenth—The maintenance ef the pubiio faith and’ credit by the payment of the public debt created for tho perpetuation of American liberty, and the ropudta— tiou of the Confederate debt created for our onsiaye+ ment, ‘ Fighth—Enoouragement to Northorn repudlicaas te foltie among us as freehoiders or lease owners, aa far preferable to the scheme now on foot to introduce Iria wNindh—To give elevarion. and rvaponsivilly to k inth—Yo give elevation and ree] ty to et in all honorabie pursuits may chops precia' Tenth.—Universal amnesty and restoration to the great! body of the peaple who were misled or sodavod imto-the | ‘war by moro artful and wicked men, but exclusion froma Gil political power hereafter to thoce who were inatra- mental, either by apeaking, writing or preaching im bringing on the war, This is nothing nore Dor loa them they would do with alt opposed to them if they had the ver, Governor Pierpoiet made a long address at Whites. ville yesterday to a large crowd of citizens, anroog whom were many 0° the most reapectab!s gentlemen the county. The chief points of bis discourse were where he remarked that the while mon of the have @ great and weighty respousibility upon them. They the means education and expertence in government, It @ their duty as citizens and friends of their country tovabd and advise the colored people honestly and faithii@ly am to the proper di of their new rospousibitities, ‘They had but one cwntry and one destiny, aed mest live together: their interests are mutual; the one oles cannot prosper without the prosperity of the othe. As to those im Virgioia who are op) to the republican party, he did not know what they wanted oe what they were in favor of. At one time they are call ing ane On eels people not ge or tw v & masterly tnaotivity, tnd” at another "urging ab the white men the State to form a 'y in opponition to ther colored people. Ata like thts is there patriotiem, wisdom or sound! policy 1p such acourse? As certain ag eo y fs taken it with eventuate in a-confitct of races, and who can now adequately picture the rai which it will bring upon the country and the people! His obj ct was to combive ali white men and men who truly love their country and desire tf prosperity and glory te ment upon a basia as onduring as truth, ana then merge itself into the great national republican party: the country. The principles of that party are well fined and) may be briefly summed up as follows: —' cartivate harmony, peace and good will among all to secure equal polatioal and civil rights to all the without of race or color; , to of common school ed instruction alike to = 0 Bate believe: the pene of Virzinia, in liberty and republican government, welfare and prosperity of their country g 3 @ 4 iil Hl jell Fi al es iit SPECIAL. TELEGRAM TO THE WERALS: General Schofteld Regulating. the Huetiaga Court—The Collectorship of Internal Keve< nue—A Kailrond Presidency to be Offered te General Lee. The following important order was issued today by Genoral Schofield. It will be hotter understood by stating that Hovey is a school teacher from the Nortts and Hotve the elder brother of a.boy to whom Hovey administered a whipping for disturbing his school: — Te RE ay tie i fH, § i Erte tt tee Hilt bea‘ st zee, a i now intended solely for the tria! ot Confedorates.”” The action of the Court of Hustings in these thee cases seems to require explanation. The above state ment is therefore referred to you, as one of the jnstion of that court, for any ©: tom you may wick. make. Vi Ny your obedient servant, ings, Richmond, Vi The Justices will convenes on Momday to {rame-theim reply. It is anderstood. there are four applicants far the va» cancy caused by Judge Lyon's death As ths. term of the court will not ensue until Sep'ember, na.appeigt ment will likely be mado until then, bat chould aay emergency arise demanding « session of the court, Judge Advocate Burnham will preside. It was rumoredibere to~lay that Seeretary MeCulloca, bad banded cver the names of two genviemon, Mr. Vam Lew and Dr. Milla, tc. Commissioner to make his choice for the Cojlegtorship of internal revenue a& this port. ‘The former will be the inevitedle selection. T lave been informed this evening thes it is the Pad tion of the gontiemen interested in the Covington Ohio Ratizoad, relating to which @ cently hald, to nominate General Robes Presidency of the road, 38 Burrato, N. Y., Jniy 20, 1847, 11 o'Clock FM ‘At the mass meeting at St. James’ Mail this evening, under the auspices of the Fenian organizatfon, the donounced the United States government for not demanding tho release of General Nagle, Stephen J, Meany and other American citizens arrested for word said in this country against tho British government. J, M, Humphrey, member of Congress, A. M. Clapp, Gen«; ‘eral Spear and Senator Morrison addressed the ruosting. | Resolutions were pased calling on tho administration take steps for tle release of al! American citizons ars rested in foreign countries for words said in the United States. THE CHOLERA IN MEMPHIS, Mruram, July 20, 1867. There have been seven deaths from cholera yesterday. The disease is steadily increasing, though se. far it has not assamed an epidemic form. The rev: aro confined almost exclusively to the negroes & pow phony Ldn) fr ized, to put the city foe good ito OF nO excitement ie castongt by tt, ee ks ‘ eae