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6 NEW YORK HERALD, 1ES GORDON BENNETT, PROPRIETOR. JAMES CORDON BENNETT, JR. MANAGER. STREET, BROADWAY AND AND r news leiters and tel ¢ despatches d New York Hen. 3 should be properly seated, cations will not be ceturned, 147 Bowery,— ris AN MUSEUM, Broad. i's Averioy, —Grunastics, dway.—Erato- BURLEsQvEs. Must AMERICAN THEATRE, 472 Broadway.— Pantomime, &¢., TH AVENUE OPERA HOUSE, cornersThirty-fourth inG, Dancina, &c TRE, corner of Fifty- MNASTS, &C. HOOLE OPERA HOUSE, MinsTRPisy LALLADS AND BoRue: Brooklyo.—Eratorran oes. MUSEUM OF ANATOMY, 618 Broadway.— SCIRNCE AND Aut. TRIPLE SHEET. New York, Wednesday, October 9, THD NBWws. EUROPE. vort by the Atlantic cable is dated yester- October 8, rams from Italy are important. It is an- nounced that tho Papal troops deicated the Garibaidian insurgents at Bagnarea nnd in other fights, and that the invaders of (he Pontifical territory act more in the char- acter of bxigands without leaders than Halian patriots, Numbers of revolutionisis, however, continue to cross the Italian frontier, aud the movement is decidedly towards Rome, The Eternal City continued tranquil. In the provinces the peasantry replace the Papal flag when the Gar.baldians retire, Garibaldi issued a violent proclamation st Signor Ratazzi, the Premier of Italy, charging him with being hostile to the Indepen- dence o: the pation, The Florence newspapers urge the Italian government to anucipate the Garibaldians by taking possession of Rom», N on remained at Biarritz engaged in consultation on the question with the Marquis de Moustier and the Italian Ambassador in Paris, It is said that the French Emperor agrees that Iialian troops may occupy all the Pontifical territory outside of Rome; that Pius the N all rule in Rome during bis life, and that tho temporal power of the Wopes sball cease at his deatt The United States Minister in Florence urges the Ttal an Government to show ciemency to Garibaldi as an American citizen. Austria will make no present change in the Coneordat with Rome. poleon intimates tie approach of many oforme in the government of Frauce. The King bas commenced his tour in South Germany. sb authorities in England and Ireland appear to be seriously alarmed at the probability of anew Fe- nian outbreak, ‘The situation in Berwick, England, was regarded a threatening. The funeral of a Fenian con- Vict was wade the occasion of a great popular display in Dubdtia. A rev EY stiouary insurrection is in progress on the Montenegrin frontier of Turkey and a sanguinary battle hae taken place betweon the furks and the insurgents, Consols were quoted at 944% for money in London at noon, Vive twenties were at 71 5-16 im Loudon at noon and 74)¢ in Frankfort at noon. The Liverpool cotton market was quiet and steady, with middling uplands at 88d. in the afiernoon, Breadstuffe active aud advanced. Provisions without marked change. ‘The nails of the Cuba reached this city from Boston | euly this morning, bringiog additional details of our cable despatches to the 28h of September. THE CITY. Acomplimentary banquet was tendered last evening to A. A. Low, at the Fifth Aveoue Hotei, by the Chamver of Commerce. Addresses were delivered by Mr, Low, Henry Wart Beecher, Peter Cooper and others. Avan election for officers and directors of the Erie Rasiway ¢ any, yesterday, Jobn §&, Eldridge was cho-en Tresident, ander S. Div co Tresident, and Danio! Drew Treasurer, An almost entirely new Board of T ‘tors was elected, Dr. Harris’ weekly statement shows that there were 469 dearbs in Now York last week and 204 ia Brookiya, Two Fenian regiments paraded the streete tn uniform yesterday morning aad afterwards had @ good timo at Jones’ Wood. resident Roberts addressed them, There was not 4 quorum present at the meeting of the Board of Audit yesterday, An inquest in the case of the young lady who was killed by jumping off the runaway car on Atlantic street, Brooklya, oa Friday, was held yosterday, when a verdict was rendered helding the raiirosd company Table for tho insecurity of the brakes, A caso Was before the Excise Board yesterday which involved the question whether a man once acquitted by ae jury can be tried tor the same offence by the Board, Conraderat ie ary montensaed in the matter aod it was for two weeks, tne Real Retate Protective Association of this city war held inst night, After some remarks on § the email profits resulting from tne tenement house § business, and the rolation of mervellous stories retative © to the saving of infe in certal iments of that © kind, the meeting adjourned, there having been only B about a dozen mombers prevent, B judge Ingraham, in his charge to the Grand Jory in ¢ the Court of Oyer and Termin F yesterday, recommended p that enctorehments on the sidewalks in the erection of ¥ buildings, although permitted by resolution of the te Common Counell, should be prosented as nuirances, Thomas MeCauley, the genteel burglar, who displayed GBHauch artistic taste im the selection of household furni uro, pictures, books, &¢., during a series of extentive Brcrgiarice on Long Island, some time a0, pleaded guilty D8 yosterday and wos sontenced to twenty years’ imprison- on ment. @p The Inman line sicamabip City of New York, Captain Plpipbotts, will sail at noon to-day (Wednesday) from pier 4s North river, for Liverpool, calling at Queenstown to passengers, Ac. ‘The stock market was strong and emcited gesterday, Meat wcuritics were strong in the morning, but aed weak. (oid Was steady and closed at 144% a 145, Business, (hough not genersity artive, snows some > jmproveraeat. and in some departments there is a re- ‘ . 4 NEW YORK HERALD, WEDNESDAY; OCTOBER 9, 1867.—TRIPLE SHEET: morkablo dograe of activity, Among the mot note- | other capitalisis, after he bad used them in worthy events are the firmness of cotton, and the ao tivity in petroleum, coru, oats aad a few ober of the leading commodities. MISCELLANEOUS. Tho clections in Pennsylvavia, Ohio and Towa took place yesterday, The race was closely contested, but the indications so far leave no doubt that im all the Siates, except, “perhaps, Iowa, the democrats have gained a decided victory and won the day. One of the questions for decision in Obio was the negro suflrage amendment to the State constitution, and go many republican voters scratched their tickets, as faras that proposition was concerned, that it is known to be de- feated by a decided vote. In Pennsylvania the only officer to be elected by the Stare was Judge of the Supreme Court, George Sharswood, democrat, and Henry W. Whiliame, radical, were the nominecs, In addition ton Senators and @a entirely new Assembly , for whom, of course, only their v voted. In Obio and lowa a full licket was voted upon, Allea G. Thurman was the ratic candidate for Governor, and Gen. RB. B. Hayes the radical candidate for the same office in Ohio, In Iowa the candidates for Governor were Charles Ma- on, democrat, and Samuel Merrill, radical, No returns have been received from Iowa, A charter election took placo in Newark, New Jorsey, yesterday, when Peddee, the repubtican candidate tor Mayor, was elected by aslight majority, Toe republican Voto showed a loag of 1,251 since the last election, General Sheridan vi Lowell, Mass., yesterday, re- were to be c! ceiving a warm welcome, He made one of his usual ches and was followed by General Butler and son in unusualiy short ones. In the afver- returned to Boston, and was entertained at a During tho serenade on Montay evening the tS 80 great that fifty ladies fainted and ove had her ribs broken, The General visits Aibany to day, The Common Council of Buffalo refused to tender bim the hospitalities of that city, but the Mayor bas cailed a meeting of citizens for the purpose. Advices from the Indian country report that about five thousand warriors were assembling on Medicine Lode creek to meet the Peace Commissioners. They object to any escort accompanying the commissioners. Minister Romero will leave for Mexico on Saturday in the government steamer Wilderness, accompanied by his mother, sister and one attaché of the Mexican Le- gation, The Japanese ram Stonewall was at Barbadoes Sep- tember 15, en rou'e for Japan. She behaved well, al- though she encountered rough weather, Two hundred jurors were drawn in Orleans parish, Louisiana, yesterday, only twenty of whom were whilo men, Henry P. Churchill, a merchant of Boston, blew his Drains out inthe presence of his family in Newion, Mass, on Monday evening. The Tennesseee Legisiature completed its organization yesterday. A colored man was elected one of the assist- ant doorkeepers, It was thought probable that the Governor would be inaugarated to-day, General Welles, of Alexandria, Va., it 1s understood, Is engaged as one of the counsel for the government ia the approaching trial of Jeff Davis. One million pounds of tobacco were shipped from Richmond last month, Cotton and Other Frauds Under the Mise mannugement of the Treasury Departe ment. The history of the Treasury Department from the time Mr. Chase became Secretary, and all along to the present time, is unparal- loled for the number and amount of frands committed, The sum lost by the government and extorted from the people by these cannot be fully estimated yet, but we have evidence enough to show that itis stupendous. If ever all the facts become known, a8 they probably will when some future Congress, constituted differently from the present one, shall investi- gate the matter, the people will be startled at the amount of corruption and robbery, and at the reckless mismanagement of the Treasury, We receive communications every dey or two, from Washington and elsewhere, exposing frauds upon the revenue and frauds by officers of the government. One of them now before us exposes gross frauds in the cotton burean. It is known that at the time the war closed the rebel government owned a great del of cotton in different paris of the South— cotton that it had purchased of the planters—which constitated in great moasure the basis of its resources for carrying on the war. This cotton, of course, became the property of the United Sratea. There was naturally some difficulty in finding all of it, for a good deal had not been removed from the plantations, and the planters, both from hos- tility to the federal government and from the desire of holding on to the cotton, did all they could to keep it out ot the hands of federal agents. The amount! has been variously esti- mated at from on» hundred thousand to two hundred thousand bales. Mr. Roane, the chief of the Coufederate Produce Loan Bureau, and Mr. Trenholm, the Confederate Secretary of the Treasury, said there was about a hundred thou- sand bales on this side of the Mis-issippi. How much was on the other side of that river is not stated. There is reason to believe that of this cotton not ten thousand bales or their procecds ever came to the government. We speak not now of the cotton seized by Sherman in Geor- gia, and sold by Mr. Draper, about which there was adispute as to the real owners. What, then, became of the bulk of the Confederate cotton rightfully belonging to the government? What did that army of agents of Mr. Chase and Mr. McCulloch do with the cotton? Where are the proceeds ? Then, in addiiion to the cotion that had be- longed to the Confederate government, there were some two hundred thousand bales belong- ing to private individuals suspected and seized by agents of ihe Treasury Department. ‘Those agente received twenty-five per cent of the, seizures, we believe, and, therefore, had the strongest reason for suspecting most of the cotton they saw to be contraband, unless the owners had the means and tact enough to buy the vultures off. This cotton, together with that other private cotton seized by the military commanders, ostensibly to prevent ite falling into the hands of the rebel authorities, amount- ed to a sum little less than @ hundred millions of dollars, Nearly all was taken from persons in need, and from many actually wanting the necessaries of life. Though the Treasury De- partment bas been appealed to over and over again for restitation, but very few of the poor applicants have received anything. What has become of all this money—eighty or a hundred millions of dollars! Is it in the Treasury, locked up and unaccounted for in the regalar balance sheet of the Department? Has it been represented a8 a part of the Treasury income ? Or does it remain floating about in the hands of agents or other depositarics, where it is used for speculation? Let us know the trath. Let us have a thorough exhibit of the whole of this colton business, There is donbtless a vast amount of fraud running through the whole of it, bul, as we said, this is only a part of the friuds upon the government and people throagh the wretched miamanagemont of the Treasury Departineyt. The whole machinery of (his Department, «: putin motion originally by Mr. Chase and worked since, is fall of cor- raption. From the moment that Mr. Chase geiting a hundred and fifty millon dollars of their hard cash—from the time when he com- menced to issue paper money and to employ Jay Cooke and other friends and partisans as financial agents, the tide of corruption set in. To make foriuncs for his friends and sup- Porters, ani to create a vast money power for political objects, was his aim. The more the debt swelled the greater were the opportuni- ties afforded to accomplish his object. The next step was to establish the national banks, With tue cnormons debt he bad unnecessarily created, and with the colossal fortunes he bad made, he put this system in operation, A greater fraud or a more dangerous and gigantic monopoly was never conceived. The industry and resi of the country were put under is money power, The profits of industry are absorbed by it; the property of the people is under ils control ; 1b takes twenty to thirty mil- lions a year in profits on ils circulation, which righily belong to the public and should go into the Treasury, and it is the most monstrous political machine ever established in any country, Then, what shall we sav of the revenue trands? The Chise-McCulloch organs them- selves acknowledge that the Treasury has been robbed to the amount of a hundred and fifty milhons, This, probably, is a low estimate. Who is to blame? Did not Chase, McCulloch and their friends create our revenue system? Are not the swarms of rascully officeholders in the Revenue Department, who defraud the goy- ernment, the appointees and partisans of this radical clique? There is not a branch of the Tre sury untainted with corruption. The sys- tem was commenced in corruption, and it runs through the whole history of the Treasury, from the beginning of the Chase-McCulloch admin- istration of our finances. Mr. McCulloch is the disciple and humble follower of his master, Mr. Chase, and carries out faivhfully the ruinous system Mr. Chase in:ugurated. Why aman so utterly incompetent and so wedded to impracticable financial theories is permitted to remain Sccreiary of the ‘Treasury is incom- prehensible. No country ever lost as much in so short a time from incompetency in its finance minister as this bas through Mr. McCulloch, and none was ever threatened with greater financial disasters from such a cause. The Elections in Pennsylvania and Ohio— More Radical Defents. Uneqnivocal protest against the continued rule of the radical party, anywhere or for any purpose, seems to be the substance of the deci- sion given at the polls yesterday in Pennsyl- vania and Ohio. In Ohio the great republican party is, like Dogberry, “one tkat hath had losses,” and heavy losses, too ; while the chosen measure of the radicals—the amendment to the State constitution giving suffrage to the negroes—is certainly lost. Ohio will have no more of the party that impudently ra‘ses its nigger supremacy policy to the dignity of the “main question.” Such is the clear declaration of her people. The defeat of the republican candidate for Governor of Ohio—a_ sound Union soldier, whose war record was relied upon to rally all the strength of his party—shows how complete is the change of popular sentiment, and gives the strongest expression to the purpose of the people to withdraw their support from the political organization that has abused such grand opportunities. Obio declares against giving the suffrage to niggers, and if this car- dinal point of radical policy could have been carried anywhere, it was in that State. This result, therefore, shows how just were the tears of our own radicals in keeping this pet measare out of the reach of the pcople, by Burking the constitution formed by the radical convention, Philadelphia is completely swept by the elements adverse to the radicals, and the re- sult throughout the State of Pennsylvania shows as clear a rising of the people against party and radicalism as the result in Ohio, In the Second Congressional district of Ohio General Cary, anti-negro suffrage candidate, adopted wy the democrats, has been elected by a large majority. The result in the Twelfth Pennsylvania district is doubtful, with proba- bilities in favor of the democratic candidate, Judge Woodward. In Indiana, although the vote was for county officers only, there are also large democratic gains, The returns as far as received from Towa show a similar result, indicating that the anti-radical tide has even reached that State. We are getting used to chronicling radical losses, yet the charter election in Newark, N. J., is worthy of mention, though only as a straw that shows the way of the wind. The republican candidate for Mayor bad the nar- row escape of a majority of thirty-five—show- ing © loss of over twelve hundred on the party vote. So the radicals lose everywhere, and lose most in those States where the results are the more important as putting at issue the peculiar principles of the party. Pests ef Society=Political Harpies. The hero of Virgil’s Aneid relates that he was once thrown on an island with his follow- ers, and during his stay there was attacked by a flock of queer-looking birds called harpies, who ate up all their food and made themselves particularly offensive in other respects. These birds had hungry-looking human faces and hooked talons, ready to grab at anything that came within their reach. The people of the city of New York, at the present day, are in the rame condition as these wandering Trojans. Around the City Hall and in the whiskey pur lieus of the metropolis swarm a flock of unclean political harpies, who gorge themselves with the hard-earned money of honest, industrious citi- zens, defile every principle of law and justice that they lay their hands on, and make night hideous in election time with their clamorous outcries and supplications for political spoils. The fear of contact and consequent contamina- tion has driven intelligent and honorable men out of political rings and left the govern- ment of the leading city of America in the hands, or rather claws, of modern harpies. These worthies are true to their name and character, as the frequency of Corporation jobs and the flagrant violations of city ordinances testify every day. At one time, the sidewalks are invaded to make room for some company’s architectural whim, end again needed improve- ments are vetoed and put aside. The laws of the State, too, are often set at defiance by the same class, and gambling, prize fighting and otver brilliant accomplishmeats are fashion- Swept away by the indignant people whom they “misrepresent,” the metropolis will groan under the burden of corporation jobs and political rings. When the cleansing of the Augean stables of politics in this city takes place, the Hercules who will accomplish it may claim the civic crown from a grateful publie. a The Proposed mpromise Between Cone grees and the President. Our Washington correspondence states that a strong effort will be made at the next meeting of Congress to har monize matiers between the two con- tending branches of the government—that a Congressional committee will be appointed to wait upon the President for the purpose of as- certaining what his views are with reference to reconstruction, and if be has any plans to sub- mit. It is scarcely possible that such a plan is under serious consideration. The Congress of the people, by doing this, would virtually acknow- ledge that all their efforts to restore order to the distracted Southern States have been abortive, and that now, penitent for. their inefficiency, they are willing to acknowledge their mistake before the President and ask for whatever he may choose to dictate. This is not human na- ture, and certainly little in accordance with the spirit which Congress has heretofore mani- fested. Much less would we see it established asa principle that the representatives of the people should, as a branch of the government, be brought to terms by any one of its other branches ; for that would be subversive ofall our republicanism. We may have, by a peace- able revolution agreed to by the people, one branch overruled by the other two divisions of the government. We cannot, however, look quietly on and see any one division brought to terms by another. Neither Congress nor the President have, up to the present time, done anything but what they have a right to do. The curb is the Supreme Court, and this has not been brought into action. Doubiless Congress, watching the political changes that are assuming a less rad.cal form in all the States, see the necessity of accommo- dating themselves to the demands of the people, and are disposed to narrow the breach which separates them from the Presi- dent; but it will not be done in the way already suggested. It must be effected in a manner worthy the dignity of tho Legislature of agreat people. The President, however, if he has a reconstruction policy, need not be asked to present it, for it is in his power, by a message in proper form, to state his policy, and Congress may then act upon it in the regularly established manner. The political condition of Virginia, as shown by our correspondence, must have its influ- ence; it is anything but encouraging to the ultra radicals, Although the negroes carried a majority in the State Convention, it was by counting the State by districts. The returns now show a white majority of 12,658 votes. These will undoubtedly be conservative, or of that party which desire a return to peace and prosperity rather than the handling of politi- cal power. In view of the condition of Vir- ginia, it is evident that the radicals cannot count too certainly upon the power of the black element in the South, especially when we see the opposition which a healthy reaction is bringing to the front. The President and Congress must plainly see that the people are beginning to take up the question which their rulers have been unable to settle. If the Executive and Congressional powers can read the handwriting on the wall, let them har- monize. Were either to bow completely to the authority of the other it would be the worst phase of our revolution. European Enterprise=A New Sten mship Line. The enterprising merchants of Hamburg have started an experimental steamship line between their port and New Orleans. The first steamer, the’ Bavaria, sailed on the 5th of October. The Teutonia will soon follow. We have no doubt that the line will be a complete success. In the “European and just view of steamship enterprises nearly all lines be- tween the great ports of the world must prove successful; for the European gov- ernments—all having a commerciai policy— count the value of a steamship to their whole commercial interests, and do not narrow their ideas down to the profits which may be derived from the investment by a single company. The great countries of Europe which cluster around the German Ocean and the English Channel are tapping our wealth in all directions ; while we, suffer- ing under a government which steadily refuses to adopt a broad commercial policy, see our wealth slipping from our fingers trom day to day, absolutely impotent to prevent it. The splendid line of French steamers which is making such a dash against time is a proof of what we say. The French find steamship lines are the very sinews of their commerce. They open a competition with their English rivals and send them far into the background by such time as the steamer Pereire bas just made from Brest to New York. Where are we in thie race for commercial greatness’? Dying for lack of brains in our government. The News trom Japan. We learn from Japan, through Washington, that the civil war in that country is over, and that the subjects of the Tycoon are gradually becoming imbued with American ideas, They propose to build a hotel in Jeddo on the Western plan. They use paper currency and embark in lotteries like us, and their coinage of gold and silver is to be on the basis of assays made at the United States Mint. Mr. Van Valkenburgh, our Minister, has made a tour, with Commodore Goldsborough, around the Japanese ports, and was received every- where with distinction as the representative of the American government, The persecutions of the native Christians, who number twenty thousand, were carried to a great extent, and called forth a remonstrance to the government from the United States Minister. The intro- duction of American ideas and civilization into the empire of the Tycoon will probably do muot towards developing {ts resources and establishing @ large commerce with this country. The Insurrectiong@in Italy. Important news, which we print in this day’s Hrxaty, goes to contradict the information which we had previously received in regard to the situation in Italy. The rising does not appear to be so general as we had been led to believe. Detached bands of Garibaldians wander over inened his back on the New York bankers and’ able with them. Votil the entire brood is! the countre but they do not appear to have won the sympathy elther of the neasantry or of the Iialian people, Negotiations, it is rumored, are now going on between Italy and Prussia, and also betweon the Popo and Austria. Much will, no doubt, depend oa the result of these nezotiations, The Lecture season. We have already announced the opening of the dramatic season and of tho relig’ous sea- son. The opening of the lecture season will come nest in order, Throughout New England, the Mildle States and the Western States, ar rangemen's have already been mado by lyce- ums, by mercantile societies and by mechanics’ societies, to secure the most popular lecturers. Ralph Waldo Emerson, Wendell Phillips, the late Starr King, E. P, Whipple, Henry Ward Beecher, and other familiar nam s, long stood at the head of the long catalogue of eminent Northern lecturers, All these save one siill figure on the list’ Even the Rev. Henry Giles, although confine] toa sick bed, will appear this winter by proxy betore tho audences which Le used to delight by his wit, bumorand eloquence, and lectures which bave been wril- ten at bis dictat on will be exi-nsively read. Agossiz himself will be induced, it is said, to popularize the results of bis distant explora- tions and his profound studies, and to renew the success which attended bis public lectures last winter. Moreover, a new feature will be added this year to the attractions of the lecture season. The ancient practice of the orators, the hi-to- iians and poets of Greece, who used to recite extracts from their own productions at the Olympic games, is to be revived. Dickens is to 1ead passages from his own works, and to introduce anew to tho American public a goodly company of characters with which we have already become well acquainted. Mrs. Yelverton is to favor us with extricis from the famous “ Yelverton corresponvence,” in- terspersed, perhaps, with passages from the correspondence of Abelard and Heloise and the lyrics of Sappho. Arthur Sketchley is to present to us, viva voce, the tussy Mrs. Brown. George Augustus Sala may take the temperance pledge and become the rival of John B. Gough. Alexander Dumas pire may inflict upon us a continuation of his interminable autobiogra- phy, and Alexander Dumas fils may recite pas- sages from his Dame aux Camelias. It is even feared that General Buller and ex-Governor Henry A. Wise may be tempted to read aloud to the public as many of their voluminous letters as can be read in a thousand-and-one- nights—far less entertaining than those of the Princess Schemerezede. Not a few lectures, or readings, like those of Mrs. Fanny Kemble Butler and Mr. Vanden- hoff, are also promised for the ensuing. season. It is not impossible that Mrs, Builer herself, who has lately arrived in this country, may be induced to repeat the very successful experi- ment which she made a few years ago with her Shakspearian readings. In Boston Miss Lacoste has just been reading a choice selection from the classical poets. .We are glad to learn that @ young lady, the display of whose extraor- dinary talents as a reader has hitherto been confined to private circles of fashionable so- ciety in Boston and in New York, bas been persuaded to announce a course of s'milar readings at Chickering Hall in the former city. If that gifted young lady could be induced to appear in public as an improvisatrice she might win laurels like those with which Madame de Stael crowned Corinue. With such an array of attractions as we have indicated the lecturing season can hardly fail to be successful. ‘The Park Bank Raid on Brondway—Charge to the Grand Jury. Yesterday, at the opening of the Court of Oyer and Terminer, Judge Ingraham charged the Grand Jury in regard to their duties, Among the prominent nuisances it was their duty to abate, he said, was that of obstructions of the public streets. He declared those streets to be the property of the people, that the Com- mon Council has no, power to authorize en- croachment upon them, and that a special act of the Legislature is required to grant special privileges in that respect. The Grand Jury will now ascertain by what special legislative authority the Park Bank has had leave to extend its front four feet into the public side- walk beyond the city street lines. Judge Ingraham has instructed the Grand Jury to treat all such illegal obstructions as nuisances ; and it would not be surprising if the President of the Metropolitan Board of Tiealth, who is one of the directors of said Bank, and who engineeréd the wrong to our citizens through # corrupt Common Council, should be required to abate it or resign his official pozition. McCallech on Paying the Five-Twen- ties in Gold. Mr. McCulloch has published a letter to show that the five-twenties are payable in gold, principal as well asinterest. We do not think his opinion amounts to much any way, and there are much abler men who think dif- ferently. But why does he not act upon his theory? He has more gold than he wants in the Treasury. Why not buy up the five-twen- tics in gold and pay the fall value? They can be bought in the market for less than a hun- dred and ten in currency. Now if he would, upon principle, only pay one hundred and forty-four for them, which is about what a hun- dred in gold is worth, he wonld be carrying out practically bis theory, and the holders of the securities would be delighted. Mr. Successor to Sir Frederick Bruce. The vacancy occasioned by the death of the late Sir Frederick Bruce it is natural enough that we on this side should desire to see suit- ably and satisfactorily filled. Two names have been mentioned—Sir Augustus Berkeley Paget and Edward Thornton—both of whom have a good record for past services. We know not which of the two, or whether either of them may be appointed ; but of this we aro satis- fied, that England will not make a rash or unwortby appointment. The Washington min- istry is rapidly becoming one of the most im- portant diplomatic appointments under the British crown. THE TENNESSEE LEGISLATURE A Colored Doorkeeper—Probabie Inaugura> tion of the Governor To-Day, Nasnvitis,ffonn., Oos, 8, 1867. ‘The House of Representatives completed its organiza- tion to-day, James Sumner ( colored) wag elected A® sistant Doorkeepor over several white cofapetitors. ‘The Governor's message has not yet ‘eon delivered. It fs reported to-might that the Go:vernor will be inaa- gurated to-morrow. Tho Inaugural addres tg already ta. the baaga of the public printer, © —_-————___- ——— BANQUET TO A. A. LOW. Complimentary Eatertainment by the Chaws bei Commerce at the Fifth Avenue Hotel Last Kvouiug—Speeches by Distinguished Geatlemen. Tn accordance with @ correspondence which has alk ready been made public the members of the Chamber of Commerce in this city tendered a grand complimentary entertainment at the Fifth Avenue Hotel, last evens ing, in honor of the return of their distinguished confrere, A. A. Low, from an extended tour around the world. About eight o'clock those who had re- ceived cards of invitation began to arrive, and by baif- past the entire company had assombied in one of the large pariors, whence they were conducted to the spacious dining saloon, Afler grace had been said by the Rev. Dr. Putnam, the work of disposing, in a proper manner, the delicious ef cetcras with which the tables were loaded was commenced and carried Jorwaid with a most unmistakable manifestation of carnestuess. The ecene presepied at this period was of an exceedingly beautiful character. The tabies, with all the parapher- naiia usualy adopted as auxiliaries and adornments, promineat among which were numerous bouquets and flower pyramids, were arranged with the utmost ex- quisiteacss. Indeed, it is unnecessary to state more than that the arrangements in this tine were fully ia keeping with the reputation for excellence, which is generally accorded to the proparatious of this establish- ment. On the removal of the cloth the honored guest of the evening, Mr Low, was iutroduced to those present by the President, Mr, Willian E, Dodge, who tok occasion to make a fow remarks, setting for.b the noxpeakable pleasure be felt in dving 80, Kising mm diately to vis feet, Mr. Low was greeted with Coutinued mauilestatious of @ most pratifying and entuusiastic description. « Aa son ws the latier bad 5. bsided the grateful recipient re« turned thanks, staiing that h» deeply ‘elt «bo high honor which had been conferred on tim by so dis- Unguished aud responsible a body as the New York Cuamber of Commorce, Alter a few more choice complimentary plrases, Mr. Law proceeded to deliver an dress, | which, though of con. siderable length, wag listened to with breathiew atiention throughout its enureiy, In the cuurse ot bis address Mr. Low poited out in @ comprehensive view of commerciai 1nteresis, not only in this country, but througuout the world, how great and vast was ita effects on Civilization, ari, science and fre ligion, At the close of Mr. Low’s adiress Rey. Henry Ward Beecher was introduced by the First Vice President, George Opdyke. dir. Beecher de- livered himseif in bis usual delightful and interesting manner, after which addresses were made by Pet-r Cooper, Rev. Dra, Vinton and Thompson, besides quite a number of other disimguished genilemen, fhe stewards on the occasion were General P, M. Weimore and Messrs. Taver and Van Nos:rand, There were also pre- sent Major Generals Gilmore and lieasanton, Bisuop Clarkson, Messra. Townsend Harris, W C. Bryant, Dr. Adams aud mauy otber prom.oent citizous. A com- munication was read from Mayor Hoffman tendering vis regrets at not being able to be present, in consequence of che death of his brother-in-law, Captain Hyatt, of the United States Army, Shortly before twelve o'clock about twelve or fifteen ladies entered the banquet vall and were provided with refresbments, fhroughout the evening an excelient string band discoursed, at intervals, some pleasing music, tmcluding many natioual airs. The whole aflair may safely be considered biguly sucocssful. AMUSEMENTS. Marie Antoinette at the Brooklyn Academy. ‘The more than splendid success of Ristori in Marie Ane toinette at the Freach theatre on Monday night, the fidelity of the superb costumes and the prestige of the great drama of Giacometti were not sufficient attractions to draw a large house at the Brooklyn Academy last night, The smallnessot the attendance, however, wasia ® measure compensated for by the ample appreciation of Ristori's magnificent acting, We need not add that the play was produced with all its Now York perfection, its historical accuracy and faithfulness to the times and Character throughout, Minor Theatres. While tragedy, opera, and the higher branches of mu- sic and the drama reign in our leading theatres, the minstrels and varietios acknowledge the dusky Momus as their sovereign. And a merry monarch is he, full of extravagant jokes and puns, twanging the banjo, turning snto ridicule the chef d’aguvres of the legitimate stage, unfolding pictures of city life, applauding an acrobat hanging from a trapezo or a danseuse in the sailor's horn- Pipe, and sending away the audience with a broad gris on every countonance. Butler's American Theatre, headquarters of this eccentric monarch, has a panio- mime and fairy divortissemont this week in addition to its usual budget of varieties. Kelly & Leon’s Minetreis transform themsetves into Japanese after their opera burlesque, and fan butterflies, slide down a rope, utter strange, discordant words aad spin tops, Charley White has Rumtiloozle, a terrivle yet @ funay fellow at the ‘Théatre Comique. Tony Pastor's company amuse them- selves and their audience every night with a game of base ball. The Eighth Avenae Opera Rouse brings » Ubrilling railroad scone under the lam The Bbun- yan fableauz illuminate tho spot where’ Dr. Cheover tried to illuminate the minds of his congregation. Tae New York Circus rejoices in fresh sawaust, new paint, daring horsemen, punning clowns and com c eqicstrian scenes, Hooley’s establishment in Brvokiyn nightly resounds with laughter and applause; and the San Francisco Minstrels play the Haonted Houso. A marked improve- ment 18 visible this season in these classes of entertain- ments, The coarseasss and slang of the minstreis have given way, in one house, to descriptive ballads and eicgaat hitie comedies and operatic burlesques, and tho aim of sumo of the managers seems to be to elevate the standard of mipsirel aud variety performances. THE DELAY IN THE IMPROVEMENT OF MADISON AVENUE. TO THE EDITOR OF THE HERALD. Several articles have appeared in the Heratp last week relative to the immediate paving of Madisom avenue, This improvement is an absolute necessity, but the work {s delayed bj the contractors for opening and regulating the avenue. The contract for grading and regulating was given out three years ago, The section from Forty-second to Sevonty-second strect was taken by Patrick Farley, the work to be done ia twe years from October ‘1, 1864. His time expired om October 1, 1866; he has a large mass of rock to remove from Fitioth and Fitty-first streets; he has done no work on this rock for over two years; and the work has bees resumed within the past few days. The section from Seventy-second to Eighty-sixth street was given out at the same time to J, W. Pettigrew, Jr., to be completed in one year from October 1, 2864. His work is as yes unfinished, and his contract expired on October 1, 1866, over two years since, As he progresses now it will be fully another year before his contract is daished. Mean- time complaint after complaint has been made by perty holders to the Street Commissioner, to the Savor, to the Board of Aldermen, but without the least effect. The Street Cummissioner's be run in the interest of a number of improvements contempiaced avenue as, * rer ae cde gow tg ispiayed by Messrs, {teould be completed In piney on a litte more The writer, we ee eae sufferer very great, if we may judgo this statement of facts will induce ticle upon the delay we have so long suflered, 1 am obedient servant, THE QUICKEST PASSAGES ACROSS ‘WE ATLANTICR TO THE EDITOR OF THE HERALD. ‘There aro two important errors 1p the communication of Mr. George Mackenzie Nouching steamship passages upon the Atlantic, viz, :—That the passage of the was under nine days, and that it was the shortest record. By adding the tims due to difference tude the days, while the Adriatic bes made three uneer that sine, viet ine anys one how ana ti — nine and two three minutes, maan time; the two shortest being to westward, the distance bet Hil pois tite a PREPARATIONS FOR TWE TRIAL OF JEFF DAVIS. Ricumonn, Va., Oct. 6, 186%. In view of the trial of Jefferson Davis double the usual number of petit Jurors have been ordered to be sam moned for the fell terch of the court, Hon, James Lyons was to-day farnisbed with a copy ala slnadelt accused, General W sandria, Ry te eheeget on the et of ste Fre: ighe for dow Tork, to consult with Mr, Krarta, eke essiets him. RADICAL DELEGATES TO THE VIRGINIA CONVENTION. Riomworp, Va., Oct, 8, 186%. ‘Tho primary ward meetings of the republiceus te. night agreed om candidates for the convention. The names of Jadge Underwood, Mr, beexreany ie Massachusetts, colored me . were Fesumeaged ena wily “a0 contraned the coming mass meetings, ae eagicals, and ¢ oie