The New York Herald Newspaper, December 5, 1867, Page 6

8 NEW YORK HERALD. BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR, All business or news letters and telegraphic despatches must be addressed New York Heravp. Letters and packages should be properly sealed. Rejected communications will not be re- turned. Volume XXXL GERMAN STADT THEATRE, Nos. 45 and 47 Bowery.— Die Scuozxs HxLsa. BROADWAY THEATRE, Broadway.—Ticeat or Leave Max. FRENCH THEATRE, Fourteenth street.—Tax Graxp Docusss. BOWERY THBATRE, Bowery.—Bivgsein—Taz Busn- RANGERS, NIBLO'S GARDEN, Broadw: —Brack Croor. NEW YORK THEATRE, opposite New York Hotel.— Unper the Gasticur, OLYMPIC THEATRE, Niout's Dream, WALLACK’'S THEATRE, Broadway and 13th street. — Mavo's Peri. NEW YORK CIRCUS, Fourteenth street,—Granaszics, Equastaianis, Broadway.—A Mipsuwen FIFTR AVENUE THEATRE, 2 and 4 West 2th streot.— Crnperetta—Fit To Br a Ducuess. THEATRE COMIQUE,’ 614 Broadway.—Warrs, Corron & Suaarier's Minsteacs, SAN FRANCISCO MINSTRELS, 58 Broadway.—Ernio- pian Ewteataumuents, Sinainc, Dancing axD BURLESQUES. KELLY & LEON’S MIYSTRELS, 720 Broadway.—Soncs, Dances, Eccawrricitizs, BuRLxsques. &C. TONY PASTOR'S OPERA HOUSE. 201 Bowery.—Comic Vocarisa, Negro Minstretsy, £0. BUTLER'S AMERICAN THEATRE, 473 Broadway.— . Farce, Pawtomims, &c. BUNYAN HALL, Broadway and Fifteenth street.—Tax Puasa. DODWORTH FALL, 806 Broadway. —Cantcatons Parnt- ings, witu Lrorvas. BTEINWAY HALL.—Graxv Concent. HOOLEY'S OPRRA HOUSE, Brooklya.—Ermorian Mixsrasisy, Bactaps axp Burursquss. BROOKLYN INSTITUTE,—Ma. Yutverton's Reapings. BROOKLYN OPERA HOUSE, Williamsburg.—Coxtzen Bawnx—Tux Hoxzst Mirman. NEW YORK MUSEUM OF ANATOMY, 618 Broadway.— Science anv Ant. ACADEMY OF MUSIC, Fourteenth street.—Tnaz Gotpex Branou. * BROOKLYN ACADEMY ©F MUSIC.—Roxmo EB Giv. Letra. New York, Thursday, December 5S. 1867. FUROPE. ‘The Ws report by the Atlantic cable is dated yester- day ing, December 4. Anotber batch of tne Alabama claims correspondence ‘was submitted to the English Pariament, Lord Stanley States officially that Encland will never submit to foreign arbitration claims involving her right to recognize bel- ligorents, but repeats his offer to refer all indemnity Claims to a mixed commission. The London cabmen triumphed and the obnoxious lighting law was suspended. The French opposition assatied the Roman interven. tion policy, The Austrian Premier advocates tho as- sembling of the Roman conference with the Powers un- pledged. Itis said that the Conference bas been ac- NEW YORK HERALD, THURSDAY, DECEMBER 6, 1867.-TRIPLE SHEET, No. 13, was yosterday recognized as Wiltlam Ramsay, whore parents reside at No. 312 South Fifth street, The great Gravt mocting, at the Cooper Inatitute last night, drew togeiter a iarge aud intelligent concourse of Citizens of all shades of politics, Speeches were made by General Sickles, A. T. Stewart, Francis B, Cutting, Lyman Tremaiue and others, all of them expressive of the utmost confidenco in Graut as ® man acceptable to the masses of the country for the office of President, and rosponsive to its loyal and Mberal sentiment. The meoting was in every respect @ great success, In the caso of John C. Braine, the alleged Chesapeake Pirate, who is now confined in the Kings County Peui- tentiary, Attoroey General Stanbery has refused to in- terfere, he having some time ago beem appealed to for his opinion as to whether the prisoner could bo included | tm the terms granted to rebels at the surrender. The Attorney General suggests that he be tried, when the jury may determine with reference to his connection with the Confederate service, Braine’s trial, conse- quently, will be proceeded with, The North German Lioyds’ steamship America, Cap- tain Ernat, will sail at noon to-day (fbursday) from Hoboken for Bremen via Southampton, The mails for the United Kingdom end the Continent will close at the Post Office at haif-past ten this morning, The North American Steamship Company's fast and elegant steamship San Francisco, Captain Howes, will sail from pier 29 North river, foot of Warren stroet, at boon to-day (Thursday) for San Francisco via Nicaragua, connecting on the Pacific with the steamship Moses Taylor. The steamship Nevada, Captain Kelley, from New York, arrived at® Panama on the 2st ult,, making the passage in forty-three days and five hours, the shortest on record between the two ports. The Nevada belongs to tho North American Steamship Company's Panama and San Francisco tine, and would sail for the latter port on the arrival of the steamship Nebraska (which left New York on the 25th ult.) at Aspinwall, The stock market was dull, but om the whole steady, yesterday. Government securities closed weak and irregular, Gold closed at 137%. MISCELLANEOUS. Our special telograms from Vera Cruz via Havana are dated November 27, Congress had aesembled at the capital on the 20th, and Senor Rafael Dond} waschosen President of that body. A full quoram was present. Ortega was one of the Congressmen elect. A rumor had gained currency that a special messenger from Louis Napoleon to Juarez bad-errived at the capital. Romero, wishPhis American compagnons de voyage, had been re- ceived with the accustomed honors by the President. The newspapers, however, were attacking Romero for alleged ruinous contracts made in the United’ States, The army was being recruited by enlistments, The American Legion was still waiting to be paid off. The steamer Eagle, Captain Greene, from Havana Novomber 30, arrived at this port last evening, bringing our regular files and despatches from Cuba to that date, All tho points of ber news havo, however, been antici- pated by our special Cuba cable telegrams. Mail advices from St. Thomas, of the 16th of Novem- ber, state that any of the houses in the town wore being rapidly repaired. The rates of wages demanded by artisans and laborers were excessively high. in the Virginia Convention yesterday Judge Under- rood was elected President by « vote of sixty-five over thirty-two for the conservative candidate, In his ad- dress on taking the chair he hoped the deliberations of the Convention would be characterized by as much Christian charity as would be consistent with future safety, The chaplain very conservatively prayed for rebels and loyal men alike, General Schofield sub- mitted appeals in cases of contested seats for the action of the Convention. . In the State Constitutional Convention yesterday the Feport on assessment and taxation was further consid- ered, section declaring that taxation on real and por- sonal property shail be uniform throughout the State and be assessed on the sworn statement of the owner, was adopted, with an amendment extending the time for the payment of tke State bounty debt to eignteon years, The article on finances was then adopted. The article on canals was then considered and also adopted. Governor Brownlow, of Tennesseo, has published a card denying Baker's evidence before the Impeachment Committee relative to his knowledge of the President's correspondence, and saying that he does not believe Mr. Jobnson ever wrote a letter to Jo Davis or any other man givieg ald and comfort to the rebellion. ‘he blacks tn Butlock county, Alabama, recently armed and organized courts of their own, resisted tho officers of tho law and went through the county forcing the laborers to join them ina work of vengeance on the whites, Tho timoly arrival of a body of troops dis- cepted by ail the Powers except Belgium and Holland. Many political arrests are being made in Italy. The Itahan government ordered three hundred thousand Chassepot rifles, The Austrian Cabinet informs the Pope that the Vienna Parliament must legisiate in ihe Concordat King Theodore, of Abyssinia, is said to bave ordered the execution of the Englisa prisoners. Tho cyclone caused immense losses in life and pro- perty in and around Calcutta, India Consols closed at 931s, ex-dividend, for money in London, Five-twenties were at 713¢ in London, and 76% in Frankfort. The Liverpool cotton market was more active, and closed firm, with middling uplands at 7%;d. Breadstufts and provisions without marked change. Our European correspondence and files by the China furnish additional mail details of our cable despatches to the 234 of November, including # report of the exe- ution of the three Fenian convicts in Manchester, a copy of a letter addressed by an English Marchioness to the doomed men, a roview of Napoleon's diffoulties in the Freach Legistature. and newspaper evidences of the hearty sympathy expressed by Russia for the cause of Ttaly. Our special correspondent in Rome writing on the 16th of November says:—‘What the victorious ecclesiastical and logitimist party aim at just now is nothing more nor Jess thana dismemberment of Italy, a scheme openly edvocated by their Journals both in France and Rome. Upper Italy, from the Alps to tho Adriatic, would be evsigned to Princo Humbert after the abdication of Vietor Emanuel; Contra! Italy would revert to the Pope, and Naples, with Sicily, resumo their allegiance to Francis Il. It remains to be seen whether ¢ brea Ministry will bo able to defend Italy from this im- ling stroke,"” pies CONGRESS. In the Senate yesterday a call for papers relative to tho Alabama claims was agreed 10. A resolution declar- ing that certain remarks in the President's Message are Dreaches of official obligation was iaid om the table. Considerable discussion ensued on a motion to print the ‘Presideat's Message, Messrs. Howard, Cameron, Sumner and Wilson jotning in an attack upon that document. ‘The discussion was continued some time after the morn- fog hour. A bill deciaring five to bea quorum im the Supreme Court was adopted. The bill pledgl the faith of the nation to pay the cational debt in taken up. Pending the debate upon it the Senate dJournea. ‘ In the House, yesterday, 4 resajution relative to the rights of naturalized citizens abroad was referred to the ‘Committee on Foreign Affaire, It declares that all citt- zens, native or naturalized, are entitled to and shal! re. vive protection. The dill to repeal ihe tax on cotton wis passed without amendment, after a somewhat Jengthy debate, by a vote of 145 to 20, After some fur. ther business the House adjourned, THE CITY. In the Board of Education last evening a Communica- ton was received from the Sanitary Superintendent of ‘the Board of Health calling attention to the fact that the @anitary inspectors of the schools had met with con- Biderable difficulty and delay in carrying out their inspec- fons, Another communication was received from @everal prominent physicians alleging that impure virus ‘was being used in the vaccination of children in the Public schools, Both these communications were re. ferred to special committees, The Fire Commissioners met yesterday, and trans geted the regular routine business of the Board. Com- missioners Shaler, Myers and Gaiway were appointed a Romfinittes to confer with the Citizens’ Association, at the desire of the latter, concerning the best moans to be employed to reduce cur Beary taxes for the coming year. A moocting of wholesale dealers in aleobolic spirits in ‘Abie city was held last evening, When resolutions favor. Bag the repesi of Gneroas revenue jaws wore adopied. ‘B.S. Cox addressed the meeting. Ada meeting of the Ratiroad Committee of the Rrook- ‘474 Co mmon Couneil yesterday a proposition was under Consideration to permit the Southside road to run steam Care inte the city through Montrose avenue. ‘The yousg man run over apd instantly killed in Brookiya, E. D., oa Tucsday night, by steam Fire Bogine The Grant Movement—The Cooper Institute Meeting Last Night. The State of New York and its great metro- polis have ‘appropriately taken the lead in the tremendous political revolution that has just swept over the North. It was to be ex- pected that the most signal rebuke to the ex- travagant passions and crazy experiments of reckless and visionary politicians should come from the commercial centre of the Union, and from a community having the largest stake and the deepest interest in the peace, progress and prosperity of the nation. The utter anni- hilation of radicalism could not have been accomplished in any other manner so effectu- ally as by the overthrow of the radical party by a majority of fifty thousand in the State and nearly seventy thousand in the city of New York, since it has been generally con- ceded that the voice of New York must decide the character and result of the contest of next year for the Presidency of the United States. The verdicts of November and December render it certain that no party can hope for success in the next fall election that does not discard all the violent, revolu- tionary and unconstitutional measures of the radical Congress, and stand before the people on a platform of immediate restoration of the South upon a fair basis, without negro barbar- ism as an accompaniment; a thorough reforma- tion of our whole Gnancial system; retrench- ment in every department of the government, anda speedy lightening of the present over- whelming load of debt and taxation. . Such being the lesson of the recent elections, the close of the last important political contest of the year appropriately ushers in a move- ment on the part of the people to give form and substance to the sentiment just uttered at the ballot box, and this movement is properly initiated in the great commercial metropolis of the Union. The gathering at the Cooper Insti- tute last night breaks ground for the Grant campaign, and will be followed by. similar demonstrations in every other State, independent of all the old political or ganizations, embracing the best men of all parties, and sweeping away with a resistless force the Presidential intrigues, speculations, bargains and pipelayings of all candidates, cliques and factions, We give im today’s Henaty 2 full account of the speeches, resolu- tions and spirit of the Cooper Institute meet ing. Itwasa gathering more important from the character and standing of those who par- ticipated in it than from its actual numbers. A. T. Stewart presided, and the names of Francis B. Cutting, William B. Astor, John Jacob Astor, Jr., William N. Vermilyca, William T. Blodgett, Hamilton Fish, Moses H. Grinnell, Paul Spofford, Cornelius reek Taylor, Robest I, Spuart, into Bd idahied GO te Poumoets sae Sonat interests of the country, gave importance and significance to the proceedings. The people all over the Union should make haste to rise fa their strength and push onward the ball that has thas been started in this city. This can be done by no other means so effectively as by the formation of Grant clubs, lata which should spring up in every clty, town, village and crossroad in the country, and should embrace men of all parties and of all eallings—the millionnaire and the mechanic, the young and the old, the democrat and the republican. Such organizations will be useful in getting up and arranging publio meetings similar to that of last night, and these meet ings will produce » popular pressure that will prove more powerful than the wires with which the politicians are accustomed to work in their conventions, A great congervative party, to be successful next year, must spring from the people and carry their sympathies with it Like every other movement it will, of course, be used by design- ing political adventurers here and there for their own ends ; but all sueh puny attempts to make the public will subservient to per- sonal objects will be sure to fail, Let the wealth, the independence, the intellect, the moral worth and the business capacity of the country take the next Presidential campsign into their own hands and they can bid defi:ince to copperhead and radioal opposition. With Grant for their standard bearer they unite in their candidate the fame of the first soldier of the Union with the reputation of one of the most honest and capable executive officers we have had since the beginning of the war. His courage and, generosity would insure to the South an honorable and liberal settlement of the much-abused problem of reconstruction, while his Jackson-like administration of the War Department is sufficient guarantee of his desire &nd ability to carry out a policy of re- trenchment and reform that would speedily decrease our present ruinous load of debt and taxation, It is time for the respectable por- tion of the people to give effect to the verdict of the recent election by entering at once on the grand conservative campaign of 1868, Push on the ball! The President's Messa and the News- papere—Congressional Nensense. The Hon. Mr. Schenck, of Ohio, with the discovery of the President’s Message in a Bal- timore paper, in full, before its delivery to the two houses of Congress, called the attention of the House, as a privileged question, to this subject, as involving » breach of decorum very disrespectful to Congress. Bosh! He had heard that some hanger-on about the White House, or some favored individual, had been selling it to different newspapers, If such were the case it was still more disrespectful to Congress, Fiddlesticks! Mr. Covode, of Pennsylvania, said he had made the important discovery that the Message had got to the newspapers through a direct purchase made of one of the President's surroundings, and that one hundred dollars was the price paid for it ; that the seller had afterwards disposed of copies to other partics at reduced prices, creating confusion in the market. A very funny state of things, to be sure! But, assuming these to be the facts, what do they amount to? Some individual con- fidentially or clandestinsly gets hold of a copy of the Message a day or two in advanc> of the time appointed for the submission of the document to the two houses, Not standing upon ceremony, and willing to sell the conf- dence and the etiquette in his keeping for a hundred dollars, he finds a customer and ex- changes the precious State paper for the ready money. Having broken the ice, he dis- poses of other copies in his possession for what they will fetch in the market, The newspaper men who buy these early copies of the docu- ment buy them for the express purpose of got- ting them into print and before their readers without further loss of time. They have no notion of waiting for the reading of the Mes- sage before the House ; for then, like the Con- federate scrip of Jeff Davis aftor the taking of Riohmond, it becomes only so much waste paper. So the Message gets into the newspapers far and wide betore it is read in either house of Congress. But what of it? Suppose the Presi- dent, a week or a month before tho meeting of Congress, had published in all the papers of the country the Message intended for the two houses of Congress on their reassembling, what would have been the offence? The only offence would have been that of disregarding a stupid old custom of keeping the Message a secret, as a thing too precious for the eyes of the public preas and the people until duly submitted to Congress. Now, we hope that by way of an experimental reform in this matter the Presi- dens, when Le shall have finished his next Mes- sage in view of the reassombling of Congress, will cause it to be published in advance over the length and breadth of the land, so that the opinions of the public press and of the people may go up to the Capitol with the Message, for the information and enlightenment of the two houses on the various subjects discussed. This stupid old custom of withholding the Message from the people as a sealed book until the two houses of Congress have had the ceremony of a presentation has lasted long enough and ought to be abolished. It puts the servants of the country before their masters, and we have had enough of that. Woe think these ideas will square exactly with the constitutional doc- trines of Andrew Jobnson, and so we submit them to his consideration. Let him follow our suggestions, and old Miss Nancy Schenck, with her silly complaints of disrespect to Congress, will never be heard of more this side of Bull Ran. The Dunbar Polygamy Cace. The citizens of Minneapolis, Minnesota, have lately been favored with a novel n of the p re ideas of ei A sanctimonious individual, calling himeelf the “Rev.” Edward Dunbar, one of the shining lights of the whale oil aristocracy in the East, has been tried acd convicted on a charge of introducing the peculiar institution of Salt Lake city into Minnesota, Two ladies, armed with marriage certificates, claimed himas bus band, and the “reverend” disciple of Brigh Young was sent to tho Penitentiary to nate over the evil of his ways, The utmost excitement prevailed among the benighted people whom this precious evangelist went from New Englend to enlighten, and, no doubt, = m “will be Jooked upon suspicion in that locality for some time to come. The evidence in the case shows heartlessness and bp mockery on the part of the bigamist might justly excite the indignation of evena pasha. The letters which he addressed to his first wife before deserting her are mode! cpistles of sentimental affection and religious cant, The whale ofl aristocracy at New Bedford, of which he was 8 member, are bubbling with indigna- tion, of courss, at the exposé of their distin- guished offshoot, and the confidenc of the Western people in missionaries from Yankee- land has been considerabiy shaken by the event The Lessen of Our City Election—The Great Political Revelution. Several days ago the Heratp announced the fact that the city election had lost its local character and resolved itself into a contest be- tween the radical and conservative elements for the advancement of their respective poli- cies and for the promotion of the interests of their favorite candidates in the important Presidential campaign of next year. It becam> evident that, as a matter of local concern, there was little to choose between the two available nominees ; and that it was merely a quesiion as to which set of “rings”—the “ins” or the “outs”—should control a few offices and profit by the distribution of the municipal epoils for the next two years, The fact that one side had cost the city twenty-four million dollars during the present year was set off against the uncertainty as-to what might be the expense of maintaining a magnificent rascal at the head of the city government, sad the people concluded thata fow million dollars more or less cou'd be scarcely worth the con- sideration of a wealthy metropolis lke New York, with a question of national policy at stake, The result has been the overwhelming defeat and entire crushing out of radicalism and all outside guerilla organizations, and the consolidation of the conservative element in one grand body against the negro supremacy, national bank, heavy taxation party of radical- ism, with Chase as its Presidential candidate and the last remnant of copperhesdism as its ally. Ss The election of Hoffman, upon whom this conservative element was compelled to con- centrate, is by no means to be regarded as a triumph of Tammany proper. The figures, as cotffpared with those of the county election, set this question at rest. ‘The vote for Sheriff last month stood as follows:— O'Brien (Tam ks siany anna te S9 ++ 42,000 Connolly (Mozars aad other outsidoray i 41,000 000 Abbe (republican).......ceesseree In that election some seven or eight thou- sand conservative republican votes were cast for the Tammany nomines. In the city eleo- tion the figures stand as follows:— We-see, therefore, that Wood, tive of Mozart in tho charter election, obtained six or seven thousand radical republican votes and lost twenty-five or twenty-six thousand of Connolly’s outside organization vote, over twenty thousand of which went with the conservative movement over to the side of Tammany. The conservative republicans who had previously left Abbe and voted with Tam- many remained with Hoffman, and Darling lost nine thousand of Abb2’s vote. This shows clearly a combination of all the conservative elements on Hoffman for the purposs of break- ing down and demolishing all the outside organizations at once and preparing the way for the great popular constitutional movement of next year. That no successful stand ean be made against Chase and the radicals witiout such a combi- nation is self-evident. If we take the most extravagant calculation that can be made by the most hopeful demoorat from Maine to Cali- fornia, the only States that the utmost stretch ofimagination could conceive to be likely to cast their votes for a straight-out copperhead candidate for the Presidency would be the following :— Bilectoral Votes, California. 6 7 Penovyivan 6 83 Maryland 7 2% : ee Oeeeeweseeee 109 This would leave for the radicals the follow- ing States :— woes tokaas structed States, which, if admitted at all, will only come in to swell the radical column. It is evident, therafore, that the receat great po litleal revolution in the State and city of New York annihilates copperheadism as well as radicalism, and that the popular conservative movement will finally dispose of both these disturbing elements that combine to keep the country in a turmoil and increase the burdens ‘of debt and taxation. So far as our local interests are affected by the charter election, it has been, ag we have said, only a question as to which set of politicians will have the handling of the municipal spoils for two yearslonger. At the same time there may be a ray of light discernible through the darkness. Peter Bismarck Sweeny obtained possession of an office out of which his predecessors had amassed enormous for tanes, and voluntarily gave up one hundred thousand dollars a year of its emoluments to the city treasury. This wonderful act of honesty was of great ald to Hoffman in the late contest, . Let Sweeny now go further in his good work of philanthropy and reform and compel Hoffman to display similar honesty and self-denial, and thus save seven or eight mill sto the city in the next year’s mati Tt Sweeny will do this and will take the lead in the tremendous popular conser- vative movement for Grant, or any other honest anti-radical candidate, he will deserve in a yet greater degree the gratitude of the taxpayers of New York, and will establish his right to be regarded as the political Bismarck of the United States, ” ar RRR Italy and the Franch Intervention. Ditectly after the formal opening of the French Chambers M. Jules Favre, making use of tipprivicgs of interpellation, asked leave to qd@ation the government on both its home and foreign policy. Interpeliation wae granted bya majority vote on the latter, but rejected on the former. On the 2d of December M. Favre accordingly delivered a brilliaat oration in the Corps Législatif on the foreign policy of the government generally, attacking in par- ticular the intervention in the affairs of Italy. It had not only involved the government ins | mer appropriations. No appropriation for Policy of error from which it would find it| the past year dificult to escape, and produced throughout the country a general feeling of discontent, but had been hurtful to the cause which it was intended to help. In M. Favre's opinion so gravo a step should not have been taken with- out first consulting the wishes of the Legisla- ture. In pronouncing upon the effects likely to be produced by this speech, it is not to be forgot ten that M. Favre represents but a section of the opposition in the Chambers. The Em- peror’s policy is all but certain to be endorsed by the entire Church party and by the legiti- mists and Orleanists, The policy of the gov- ernment will therefore be approved by a large majority of votes. It is not to be imagined that the republicans count on any other result. M. Favre, however, and those who act with him have a larger relative following-in the country than in the Legislature, and they will have their satisfaction in knowing that the burning words spoken in the Chambers will find their way to and exert their influence upon the sympathetic masses with- out, Considering that the intervention in the affairs of Italy is finding so little sympathy among the governments of Europe ; consider- ing, too, how many causes of discontent -already exist throuzhout the empire, it cannot be agreeable to Napoleon to know that the words of his rebellious deputies are echoing over France, over Europe, over the world. Report of the Comptroiler ef the Currency. We published yesterday the annual report of the Comptroller of the Currency, but our space was too much occupied to admit of comments then, though, in truth, there is not tauch to say in addition to our remarks on the report of the Secretary of the Treasury. ‘The Secretary's report covers most of the ground of that of the Comptroller, They are from the same establishment and have the same im- pression. Nearly the whole of this is a labored defence of, or an apology for, the national bank system. No hungry lawyer working for a large contingent fee could plead more earnestly fora cause than do both Mr. McCulloch and his subordinate for the national banks. Judg- ing from the earnestness of these advocates one would think the banks were on trial for life or death. If these Treasury officials have not much sagacity in anything else, they evidently see the danger their client is in. ‘They fearin advance the verdict of the people, and make desperate efforts to avert it. Most of their false assumptions and weak arguments we have already replied to, but we have one charge especially to make against them now. We say them, because Mr. McCulloch is equally as censurable as the Comptroller. We charge them with peryert- ‘ing facts in their efforts to bolster up the national banks, For example, they pretend to show that the national banks make little or nothing out of the privileges granted them by the government, and that the government would gave nothing by issuing legal tenders in the place of national bank currency. In this report of the Comptroller he endesvors to make out that the banks draw leas than seven- teen millions on their ponds deposited, and then, that as thoy pay over sixteen millions in taxes to the government, as he alleges, the balance of profit or gain is less than a million. + It is surprising how a person holding such a high official position can have the audacity to throw dust in the eyes of the people in this way. First, asto the taxes. Three to four hundred millions of capital invested or em- ployed in anything bas to pay heavy taxes. The Hxratp business, the business of A. T. Stewart, the business and capital of all have to pay taxes. It is not because they are national banks that these institutions pay. Indeed, they pay less on the whole than is paid by other kinds of business. It is simply absurd, then, to set off their taxes against the profits derived from their privileges. But it is not true that they derive only a little over sixteen millions from the bonds deposited for their circulstion. They draw interest in gold, or in an amount of currency equivalent to gold, and the whole amount in currency would be about twenty-five millions a year. This, we maintain, is a clear gratuity to the banks by the government. This the govern- ment would save annually by issuing legal ten- ders in place of their notes; for with these legal tenders about three hundred millions of the bonds could be bought up and cancelled and the interest saved. The case is so plain that the commonest understanding can comprehend it; yet the Comptroller of the Currency and Mr. McCulloch have the audacity to attempt to pervert the facts. The national banks really make about fifteen per cent on their circula- tion out of the public, reckoning the interest on the bonds and the profits on the circulation. There is litile eise worthy of notice in the Comptroller’s report ; for it is taken up almost exclusively with » defence of the uational other topics we may discuss at some future time. The Comptroller, like Mr. McCulloch, is & man of one idea, and he is incapable of rais- ing himself above it. That idea includes the blessing of the national bank eystem, contrac- tion of the currency, the great bondholding interest and forcing specie payments. Whata sad spectacle it is that tho finances of this great nation should be in the hands of such men! Report 6f the Postmaster General. One way to measure the intelligence and prosperity of a people is by the extent and excellence of its postal facilities, In this light the report of the Postmaster General, which we publish to-day, is deeply interesting, not only on account of its exhibition of the actual condition of the Post Office Department, but also on account of ite suggestions as to im- provements demanded by the rapid growth of our population and their multiplying relations with the inhabitants of other countries, During the fiscal year ending June 30, 1867, the receipts from all sources were $19,978,693, The expenditures of all kinds during the same period were $19,235,483, showing an excess of receipts over expenditures of $743,210. The ordinary expenses of the Department, not including, as in the preceding statement, mail transportation provided for by special appro- priation,. wore $18,043,816; and the ordi- nary récoipts, including the amount drawn under appropriation for carrying tree mail matter, were $16,137,026, showing an excess of expenditures of $1,906,789, which hes heen met by the unexpended balances of for- is, therefore, needed, But it is obvious that the problem of making the Post Office Department self-supporting has not been solved. Indeed, the Postmaster General intimates that this problem threatens to become still more difi- cult of solution in view of the facts that new channels of postal communication are opening everywhere and necessary expenses grow faster than legitimate revenue increases. Still, he correctly says that there is no appropriation of public money which brings back, directly and indirectly, so large a return to the govern- ment and the people as that made in aid of the postal service. “When,” he adds, “the waste country becomes better settled and the facilities for mail transportation increased and cheapened, as they will be in a few years, tLe increase of revenues and comparative decrease of carrying expenses will entirely change tho relation of the taxes and resources of the De- partment, and at the present rates of postage it will not only be self-sustaining, but furnish no inconsiderable revenue to the government.” At present, however, so great is the demand far jucreased mail service by the people of the Territories, and for supplying the necessities of the older States, and so important is it to put into fall operation the service in the States lately involved in the rebellion, that a consid- erable deficiency is estimited for the year 1869. Here is a strong additional reason for hasten- ing as much‘as possible. the vast and urgent work of Southern reconstruction. The well grounded complaints of the delays occasioned ‘by the: Indian troubles: in the service of the Overland and Territorial mails suggest also the imperative necessity of speedily putting an end to those troubles, It is encouraging to learn that, although the Southwestern route between Washington and New Orleans was obstructed, by excessive floods for thirty-five days last spring, the service on that route compared with the records kept before ibe eaten a. marked improvement, both with to speed and regularity. Is ts also encouraging, in view of its immense future importance, to be informed that the Pacific Railroad service is . keeping pace with the rapid progress of the Pacific Railroad towards its promised comple- tion in 1870. In this connection we may refer to the report for interesting particulars as tothe postal convention with Hong Kong, China, and the successful inauguration of a mail steamship ‘service to Japan and Chins, an enterprise which opens a prospect of incalculable advantages te the commerce of the United States with the East. All that part of the report relating to the fordign mail service is important, especially the account of negotiatious of new postal con- ventions with Groat Britain and countries on the European Continent, The reduction of the rates of interoceanic postage is a step in the right direction. The suggestions of the Posi master General in favor of the appointment of ® superintendent of foreign mails, and particu- larly in favor of lessening the humiliating dependence of the people and government of the United States on foreign ships to a great extent for the ocean mail service, are wortby of eerlous consideration. The details of the improvements adopted in the dead letter department, the successful operation of the free delivery of letters by carriers in forty-seven of our principal cities, and the advantages of the new post route mape, are very interesting. In fine, the report is full of interesting details on a variety of topics connected with the Post Office Department, and will well repay s careful perusal, ALONG THE HUDSON. SPECIAL CORRESPONDENCE OF THE HERALD. Fifteen or Twenty School Children Nearly Saffocated at Pine Plains, Duchess County— Praleeworthy Action of the School Mistress— Robbery at Poughkeepsie—Supreme Court es Povanxssrers, Deo, 4, 1867. Yesterday some fifteen or twenty of the scholars of district sehoo! No. 1, at Pine Plais, this county, came ‘very near losing .tneir lives, in consequence of the school room becoming filled with gas which escaped from the coal stove and pipe. The teacher, Miss Wilber, discovered the situation just in time, and by her exer- tions the children were, as quickly as ible, ihe aresksn. poten beg ay of th dropping jaken 18, many of them qy in a state of insens! " ubteriy tunable to ved, A son of Joshua Culver and » granddau; at the help children looked strange, but was not aware of the cause antl arose to the school for recess. She was also some~ of the gas, but still to save the chit- fe the “stovepipe it trusted soot. At very rare picture, and is for sale, FURES IN NEW YORK. Free iv Cuatsam Square. —A fire broke out at helf- past tea o'clock Inst night on the third floor of No. & Chatham square, in the cap manufactory of A. Solomon, bom ggg G4 yy Vo the extent of $500; fuil; of the third and second By jas if =the Be: i i H g - H # : 2 i é Z z zt ti : ifs, oe ty ie detect in the sore Ripe, “