The New York Herald Newspaper, November 28, 1867, Page 4

PROPRIETOR, All business or news letters and telegraphic despatches must be addressed New York Haat. . { Letters and packages should be properly sealed. Rejected communications will not be re- turned. Ee . / THE DAILY HERALD, puddished every day in the year, Four cents per copy. Annual subscription price $14, Velume XXX No. 333 AMUSEMENTS THIS EVENING. NIBLO'S GARDEN, Broadw -BLack Cxoox. NEW YORK THEATRE, opposite New York Hotel. Boawoon, Matinee at 135, OLYMPIC THEAT! Breadway.—A Minsumuns ‘Nigur's Dugas. Tastings St Us. \, WALLACK'S THEATRE, Broadway and 13th strest — Mavp's Prat. —_— GERMAN STADT THEATRE, Nos. 45 and 47 Bowery.— Maxuntian, Emperor ov Mexico, Atteraoon at 25;. BROADWAY THEATRE, Broadway.—Ti Lea ‘Mas, Afternoon at 1}§—Daawa inp Faxon ss 4 ‘ FRENCH THEATER, Fourteenth stree}—Tux Gnaxo Dvousss. BOWERY THEATRE, Bowery.—Six pieces. Afternoon end Evening, BANVARD A DEBRA HOUSE AND MUSEUM, Broad- way and —Davit's Auction, Matinee at 1. ‘NEW YORE CIRCUS, Fourteenth street —Gruxastics, Kavesratamse, £0, Matines at 2. FIFTH AVENUE THEATRE, Mevza—Frz To Bs 4 Ducunss. | qHRATRE COMIQUE, 514 Broadway.—Wuire, Corrox & Suamrcer's Muvsrasis. Matiuee at 2)4. 4 West 2th street. joe at 3, SAN FRANCISCO MINSTRELS, 58 Broadway.—Erato- vias ByrearalsMents, SINGING, Dancing AND BUMLESQUES. KELLY 2 LEON’S MINSTRELS, 790 Broadway.—Sovas, Danoxs, Kooxwraicirins, Boaixsques, ac.—Favst. TONY PASTOR'S OPERA HOUSE. 201 Bowery.—Comic Vooatism, Necro Mixstaxisy, 40. Matinee at 2. ‘ BUTLER’S AMBRICAN THEATRE, 472 Broadway.— Bauiez, Fance, Pantomime, do. Matinee at 2. BUNYAN HALL, Broad rn 7 pBUNFAN HALL, Broadway and Fiftecnt) streol.~Tus No. 606 BROADWAY.—Magi, Miata axo Mystery. Matinee at 256. . STEINWAY HALL.—Ogarogi or rus Seasons, BROOKLYN ACADEMY OF MUSIO.—Naroixon's Ow (oamp—Marainy Live. { HOOLEY’S OPEEA HOUSE, Brooklyn.—Ermiorun Mongrenusy, Baiians ayy Buxixsques, Matinee at 2};. BROOKLYN OPERA HOUSE, W illiamabu: Gost Son—Lpiot Witness, Afternoon at 2—' [PIZARRO ee pieces. NEW YORK MUSEUM OF ANATOMY, 618 Broadway.— AND AKT, AVADEMY OF MUSIC, Fourteoath street.—Koxoxr. . “Now York, Thursday, November 28, 1867. EUROPE. Tho news report by the Atlantic cable is dated yoster. fay evening, November 27. ‘The Roman ‘territory is beim evacuated by the Wreach. Prussia accepts the. Italo-Roman conference, Austria issued a cabinet Circular declaring the sustension ef the Papal temporal power of the Fope necessary to the peave of Europe France and Austria have signed ‘wpecial treaty to govern a common policy on the Eastern question “aad guaranteeing the territorial integrity of she Porte. The Prumian Dict passed a resolution up- ‘eolding liberty of speech. The English Parliament voted Mr. Dtsraeii’s Abyssinian war supply Dill after an animated debate, A Fenian head centre was arrcated ‘a Dublin, Consols cloged at 04}; for money in London, Fivo- swontion were at 703, in London and 75% in Frank- fort. ‘The Literpool cottoa market declined daring the day, middling uplands closing at 7 13-16. Hrendstuffe and Provisions without marked change. CONGRESS. fa tho Senate yesterday a resolution was adopted calling for papers relative to the proposed review of Fitz doha Porter's case, After a session of ten minutes an adjournment took plac until Friday. in the House Mr. Stokes made a persona) explanation relative to his loyalty, and Mr. Eldridge replied. The House then went into Committee of the Whole on the atate of the Union and Mr. Butler Oniehed bis speech on the finances, and was followod by Mossre, Blaine and ‘Mrooks, A bill was introduced and referred to ertablish @ uniform time for the election of representatives and @elogates 1m Congress. Leave was asked to offer a resolu- dion compelling national banks to redeem their currency fe cotn, but objection was made and the Houve adjourned maul Saturday, , * MISCELLANEOUS. | To-day is set apart by the Prosident an: the Governor a's Gay of thanksgiving. Special services will be held vm the various churches and at the public institutions of oharity, | ‘The steamer Columbia, Captain Darton, from Havana, ‘November 23, arrived at this port Iast night The news which she brings from the West Indies, Mexico and the Spanish Main has been fully anticipased by our epecia; gelograme over the Cuba cable. | The advices by the Colurabian from Antigua, Barba- dos end British Honduras have been fuily anticipated by. our special telegrams through the “ida cadie, stready published in the Hrxav. Halifax, and the market is now well supplied with @rovisions.” There is little domend, however, for American goods, Fieh siafs have maintained fuil i Genial sowers have fallen in the sogar producing ‘districts om the Southside, much to the delight of ine planter, who now reckon iheir erops as safe and adove eho avornge. Coffve is bexinning to come to market in 4 qasatliz, Dut priees are yer above what would Doaye a fair margin fee prof, Sugar--Palr ig still pray ici ooo ng) and is selling at Jou Ordi- ya Tobaceo- Cavendish am sell. im Bond, and leaf at £6 lie, per the, ity ‘pald. Fachange on Londen, ‘L percent promiam; sixty vays, 1), per Gem o Howard, i will Be remembered, w tbe Commissioner of * tue Bureau. ‘The order also direete ‘thie retuetion of ali orms of the servies to the minimum standard. Spencer, whe was areefied some time age fer ihe Alege? eounterfolting of seven-thitty bends wes Teleamed oa twenty theasad dollars bel, bee fore the United States Commissioner ot Newark yostes: } day, when bis examination was posipoved aad his tail y!narensed te thirty thourad dollars, Fis wife, whe ie sieerenemace aad her bail im: reaged ap the J) The fight betweem Collyer sed Key come off in county, Pa, yesierdsy, Collyer being the victor or and eleven rosnds, in ene Ber7 and | Will be mo more prospect of paying it than latd on the table, 1 th whe Alabama Convention yesterday resolution was Offered, aad will probably be adopted, Legislature to continue the disfraachising Convention. Ap illioit distillery was discovered by the reveque off- cors at Woodside; Long ‘laland, yesterday. The cagiae for runoieg it was eighty feet under ground, and tho water supply was twenty feet below that, A colored convention is beldingin Lexington, Ky., for the purpose of petitioning for the privileges granted to darkies in other State, ‘ The Lower House of the Tennessee Legislature favors the impeachment of the President, and requests its representatives in Congress to vote for it. Fifteen radical darkies are elected to the North Caro- lina Convention, ‘ ‘The commander of the forces im Arigona proposes to drive the Indians until they are exterminated of civilized, He receatly exterminated thirty of them. The North German Lioyds’ steamship Bremen, Cap- tain Neynaber, will sai! from Hoboken at noon to-day (Thursday) for Bremen via Southampton. The mails for the United Kingdom and the Continent will close at the Post Office at ten o'clock this morning. % The steamship Morro Castle, Captain R. Adams, will Joave pier No.4 North river at three P. M. to-day (Tkuraday) for Havana. The mails for Cuba will close ‘Gt tho Post Office ts ten o'clock this morning. Stateemen or’ Steckbeldere—Whiek Shall Geverat Fro@@the prooebdings in Congress with refo- rence to financial matters, particularly as to the currency, paying the debt in lawful money and the national banks, and from the general discussion of these topics by the press and peo- ple, it is evident the question is soon to be de- cided whether statesmen or the stockholders are to have the helm of affairs in this country. Expreasing such an idea » few years ago would have excited a smile of incredulity, for then we knew nothing of national stockholdera or bondholders as a power in the country, and even now 8 great many may wonder what it means, for this moneyed oligarchy is a new element in the republic. But if we look abroad—espe- cially to England—we shall have no difficulty in seeing the great and, pernicious influence exercised by the bondholders in s country where there is a vast public debt. By study- ing the condition of Great Britain, in connec- tion with its debt and the power of the bond- holders over the government, we may form an idea of the conflict we are about to experience here, where the voice of the taxpayers is more potent than in the Old World. We noticed the other day the hasty and eager action of the bondholders to operate upon Con- grese, when Mr. Edmunds, of Vermont, on the first day of the session, proposed to recognize their claim to have the five-twenties paid in gold. Since’ then a number of bills and resolu- tions have been offered upon this subject and other cognate subjects, all showing the import- ance attached to them. Mr. Ingersoll, of Mli- nois, has introduced a bill to prohibit further reduction of the currency; Mr, Perham, of Maine, te amend the National Currency act ; Mr. Poland, of Vermont, to amend section forty-one | of the National Currency ect; Mr. Eliot, of Massachusetts, pledging the’ faith of the United States to the paymont of the five- twenties in coin; Mr. Batler, of Massachuset's, in relation to the public debt, providing that all debts contracted to be paid in gold be so paid, and all not eo contracted to be paid in lawful money ; Mr, Broomall, of Pennsylvania, to fix the value-of legal tender notes and for their redemption ; Mr. Eggleston, of Ohio, to prevent the further contraction of the currency and the further conversion of currency into bonds payable in gold ; Mr. Bingham, of Ohio, to repeal all acts authorizing the Secretary of the Treasury to retire and cancel United States notes ; Mr. Ross, Mr. Baker and Mr. Bromwell offered resolutions of « similar tendency ainsi contraction and for «a greenback cur- rency exclusively ; besides other resolutions and bills submitted with regard to taxation and the national finances. In fact, members have returned to Washington full of these questions ; consequently we may expect to see soon the rubbish of impeachment and other matters swept away to make room for the fight on them. It is curious to look back at the commence- ment of the discussion on these questions and at the progress of ideas with regard to them. Some two years ago we commenced to discuss them, beginning first by publishing accounts of the financial difficulties and struggles in England after the long and exhausting wars with Napoleon, and by comparing the situa- tion of that country with ours. At first the Heeatp had few or no allies in its war on the national bank system, against contraction of the currency, and for the payment of the public debt while the circulation should re- main abundant and before attempting to force specie payments. The preas everywhere was { silent, and no voice was raised in Congress, of the v i tion. But it could not be ignored; It is a mighty problem that has to be solved. Gradu- ally the press and our public mea, in and ont of Congress, took it ap, Uli ot last it | shadows all others, is i» worthy Of notice, | however, that the partisan prees of this city | | continues to flounder aboui oo | the most nervous manner, being‘ uncertsin | what party will. take the popular side, how | partice may be split up aud reorganized on the issue, or whieh is the safest and most profiiable course to take. The queation now is, Are the bondholders to gevern the country? Is the country to be governed for their special benefit, or are states men, representing the masa of the people, to govern it? That is the question. If the cur tency be contracted and specie payments forced, with our present enormous debt, that | debt must become « perpetual hurdes. There } there is of England paying her debt. A bond- holding oligarchy will be @tmily established which will be able to control Congress ‘sid the all the profits of industry, we for cap- ftal alone, and the only for its benefit. Shall the bondholders dr shall statesmen govern thiq great republic? The conduct of the present and the next Congrras will decide the question. From the movements referred to we are not without hope that measures may be adopted to stop contraotion of the currency, to pay the debt as rapidly as possible in law- ful money, to take away the monstrous privi- loges of the national banks ani to substitute for thetr circulation legal tenders, and to thoroughly revise ouF revenue system go that taxation may be reduced. Of course there will be a desperate effort made by the bond- holders, by the national ‘banks and other moneyed corporations, and by manufacturers and capitalists, to influence Congress ; but if that body knows its duty and has the welfare of the country at beart it will the hydra- headed monster in infancy. may be ao complished now, but if. ¢he operation be delayed long the combined powor of the bond- holding and national bank oligaroby will grow beyond control or resistance, . A Pair Field and Ne Favor. It is very evident that the contest for the Mayoralty lies now between Fernando Wood and John T. Hoffman, and that one or the other of these candidates will be Chief Magis- trate of the city on Tucsday next. But a third candidate is in the field, who reprosents a party that in the recent State election received twenty-six thousand votes out of a poll of one hundred and twelve thousand, and who is told by one-half of his own organs that he does not stand a shadow of a chance.of success. Under these circumstances would it not be proper for Darling to withdraw his:name from the can- vass altogether, and to allow the Tammany and anti-Tammany democracy to fight out this batile on s grand scale, with a fair field and no favor? i The issue involved in this chartér clection ig the prolonged existence, or final destruction of the old copperhead democratic organization in the State of New York and in the Union. The last State eloctions uprooted radicalism and scattered it to the winds. The conserva- tive element rose against it and gave it its deathblow. But in so doing ft became neces- sary to elect to office some members of the oid democracy, and the leaders of that repvdiated party have, in consequence, grown bold and confident; and are now striv- ing to galvanize'the corpse of their dead or- ganization and to run it in the old machine fashion, with all the fossils and corrupt rings atits head. The. seed of copperheadism lies in this city, and in the soll of Tamminy it hopes to w ite'vitality. Tho great popular movement fer Grant will -receive » restistiess impetus in the overthrow end final bresking up.of the Tammany ring ; and Darling, a5.8 warm supporter of Grant, should refuse to stand in the way of the movement and should withdraw from the contest and come out boldly against Hoffman on this ground, Fernando Wood may not be such a saint ag the respect- able portion of the republicans might desire'to support as their first choice for Mayor, but he will save the taxpayers eight or nine millions of dollars next year in his natural antagonism to the rings now in power in the city and county governments, and. his success will finally destroy the old Tammany organization, break down the copperhead democracy as the State election broke down radicalism, and cloar the way for an immediate reconstruction of parties, the election of Grant or some other good independent man to the next Presidency, the reconstruction of the South on a broad, liberal and statesmanlike basis, the wiping out of the national banks, the thorough reform of our whole financial system and the speedy redaction of our present heavy load of debt and taxation. The New York Chamber of Commerce and the Resumption of Specie Payments. The report which was adopted by the New York Chamber of Commerce at a special meeting on Tuesday afternoon, assumes as a preliminary to the resumption of specie pay- ments that all the fl debt of the country, except that known as “legal tender,” mast be tanded, and that gold and greenbacks might be made of equal value if Congress enacts that the latter shall be received in part—that is to say, to the extent of ten per cent—for duties at the Custom House. It endorses the policy of the Secretary of the Treasury, and applauds Congress for supporting it. If this policy of contraction be maintained the com- mittee of the Chamber of Commerce “sees no feason why a full resumption of specie pay- ments may not take place in the year 1869 ;” and it expresses the opinion that the return to specie payments will affect the interests of the poor of every class more favorably than those of the rich. Now, the return to specie pay- ments will come in due time to the advantage of sll clacses, but efforts to hastem it pre- matarély must prove disastrous The com- mittee of the Chamber of Commerce hopes that Congress will listen “neither to the call for more circulation nor to interpretations of law that tend to dishonor.” But we presume that even the authority of the of Commerce will fail to deter the people and their representatives in Congress from recog- ising the necessity of more circulation, in order to develop the resources of the West and to enable the South to tenew and increase gratitade for the amusoment offered to them by Uncle Sam at such enormous expense. There is @ little oraft, under Lieutenant Cashing, now on its way to the Indian seas, especially invended to clean out pirates from thelr beunts. Its commander must have roving commission or he can do nothing. We suggest that this commission be given st once and the balance of the fleet sent on s dress parade up and down the coast of China. The Late Nitre-Gtycorize Explesion. _ ‘The late explosion at South Borgen, N. J., by which nine souls were bur- rled into ‘eternity, is terrible reminder of other similar disasters which were caused by the same destructive agent since its discovery two or three yoars ago. We were first made acquainted with its fearful power on « Sunday morning in the winter of 1865, when a small box exploded in Greenwich street, in front of and produced nearly the same effect in the neighborhood that first class earthquake would have done. Another nitro-glycerine explosion took place in Rochester, December 4, 1866, by which one man was killed and two dreadfully injured. The effact of these disas- ters was sufficient to induce Congreas to pass a bill making it felony to ship or otherwise trans- port such dangerous freight without extreme precaution. Yet it is entrusted to the hands of careless and incompetent’ people and is taken as freight by railroad companies with- out the slightest thought of the consequences. It is only when @ disaster like the late one in New Jersey strikes terror into every heart that the authorities make « show of enforcing the law regulating the use of this deadly com- pound. There cannot be too much vigilance exercised in dealing with it, and railroad com- panies and merchants should take every possi- ble precaution in its transportation. From its power we may gain an insight into the terrible mysteries of nature and those mighty forces that pile up mountain ranges of granite on our Continent, rend hills apart to m1ke way for our rivers, level the proudest olties to the dust by « single pulsation of the earth, and breathe through the crater mouths of » Vesu- vius and Etna. We have already discovered three of the agents of chemisiry—gunpowder, nitro-glycerine and obloride of nitrogen. Per- baps they are ‘only the first of the ascending It is an able and exhaustive discussion of the entire European situation from a French, or rather from a Napoleonic point of view. Its ability, however, is one thing; its honesty is quite another. The programme is thus stated :— Convontion of an equivalent The discussion of the German question oceu- pies nearly the entire pamphlet. “Germany,” itis said, “is made,” and France is not able, and ought not if she were able, to prevent the complete unification of the Fatherland, The temporal power of the Papacy, accord- ing to the pamphlet, is not to be abandoned. tious execution of the or the formation of the “The Convention of the 15th of September i¢ not a last halting place towards the complete absorption of the temporal Papacy by united Italy. It is an impassable barrier placed between the temporal power and its assailants by the evident necessity of things, the secular logic of facts, and, lastly, by the energetic will of the Emperor Napoleon III.” The reforms promised by the Emperor -in the same voice again say to her now—‘It necessary that I should be listened to, for I speak in the name of France.’ ” Decliniog the Honers. A despatch from Utica states that Governor bas written « letter to a democratic that had hoisted his name for the next Prosidency, declining to be « candidate Defore the national convention of his party. FER i | a | i f i i ; a i il In i fy if = i f Polk bated mnie E 55 & E € 5 j i i z i Hf H i i i t f E UE Ht gs i x Paar iil nn ee i Ek i a sa Fi ii I ‘ i i 32 5, it ij se j s Be : i i = | Hg fA i i ‘ gee ifs 4 : it f 5 i : : i Hh if i i i g 3 f 8 £ H iF 5, i ie s' | fs Hie ean : H : ind fi : f & ‘3 £ a : oH i i i if fe 3 i He iit; od BS, Eg Ani i iif f ite i ii i MMP Pat tee 4 4