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4 NEW YORK HERALD. BROADWAY AND ANN STREET. JAMES GORDON BENNETT, TROPRIETOR. jolume XXXL MENTS THIS EVENING, AMU, BROADWAY THEATRE, Broadway.—Lirrie Nat axa emi Basecmsonness. ACADEMY OF MUSIC, Fourteenth sireet.—In Trova- roRR. 4 ; BOWERY THEATRE, Bowery.—Last Days or Pom- vatt—Biack Byep Susan—Dopaina ron 4 Wire, om NEW YORK THEATRE, opposite New York Hotel Scacers or New Yora, OLYMPIC THEATRE, Broadway.<Lirrix Baauroor. NIBLO'S GARDEN, WALLACK’S THEATRE, Broadway and 1th streot, — PAULINE, BANVARD'S OPERA HOUSE AND MU! wey and Bch street. ~Mupea—Lonvon Assvt Broad’ ‘Tas: Ware Faws, Broad. Matinee NEW YORK CIRCUS, Fourteenth street, -Grunastics, RquesrRianisa, £0, Matinee at 254. @HEATRE COMIQUE, 514 Broadway.—Havcoy Compt DavioN THOUPE AND MINIATURE Cincus. Matinee at 233. TRELS, 7% Broadway. —Sonas, ' KELLY & LEON'S MIN ci we Dyrcu “'s. Dances, Leo! SAN FRANCISCO MINSTRELS, 585 Broad way.—Eraio- iad Exreerainaants, SINGING, Dancing AND BURLESQUBS. TONY PASTOR'S OPERA HOUSE, 201 Bowery.—Coutc Yocaitsm, NEGRO Minstpetsy, Ao. Matinee at 29. BUTLER'S AMERICA: Bauer, Fance, Paxromy STEINWAY HALL.—Mnr, Jaues B. Muxvocn’s Reapines THEATRE, 472 Broadway.— BUNYAN HALL, Broadway and Fifteenth street.—Tax Yivcnm, Matinee at 2, Prony P, B, CONWAY'S PARK THEATRE, Brooklyn,— Asta HOOLEYB OPERA HOUS! Minwragisy, BALLADS axD BURL Brooklyn, —Ermiorias BS. NEW YORK MUSEUM OF ANATOMY, 618 Broadway. NOK AND ART. —————S—SSS juesday, February 12. 1868. New York, V EUROPE. Hy special telegram from Constantinople, dated the 9b instant, we learn that the Turkish officials report the arrival of the United Staies steamer Ticonderoga on the coast of Crete, by special order of Admiral Far- ragut, and that the American fleet in the European walers will soon rendezvous in force in the Grecian Archipelago, Coont Bistnarck ie unable to leave Berlin from sick- ness, No change will be made in the Prussian Cabinet, Yerian riots continge im Cork and convictions for Feujan treason in Dublin, Sir David Brewster is dead. ‘the British iron-clad ship-of-war Hercules was success- Yolly launched, The Italian Parliament will honor Admiral Farragut with a banquet, The loyal Irishmen of London have addressed the Crown, The steamship City of Paris, at this port, furnishes a niall news report to the 29th of January, The main features have been fully anticipated by our cable tele- rams, CONGREss. In the Senate yesterday Mr. Davis, of Kentucky, commenced his speech on the reconstruction measure, but yielded after some rewarks to a motion to go into exocative session, . {y the House the Foreign Affairs vil! was considered, and wont over at the expiration of the morning hour ‘the President's letter to General Grant in answer to the Jotter of the General submitted on the 4th instant in re- ference to hisuction in srrendering the War Office to Secretary Stanton was submitted and referred to the Committes on Correxpondence. A resolu. tion calling for all farther —_ correspondence on tho game subject was adopted, The Logisiative Hxecutive and Judicial Appropriation bill was consid- ered, Amendments were adopted prohibiting the Presi- dent from employing a shorthand writer or detailing » navy or army officer on civil service at the Executive Mansion, General Grant's last letter to the President was presented acd referred to the Committee on Recon- struction THE LEGISLATUKE. Ju the Senate yesterday bills were introduced appoint- Green and R. B. Roosevelt Commissioners of es lo examine the rivers and streams of the with a view to rendering them more productive of Gish, and relative to paving contracts in New York culy providing for crosswalks. Rorolutions eulogiatic of the late Assemblyman Reed were adopted aud tho Nenate adjourned, Ip tho Assembly numeron# reports of New York voards and commissions were presented, Bills were imtrodaced (0 provide for the appointment of an ad- ‘honal Commissioner of Metropolitan Police, and to prokibit gas companies from charging reut upon thelr racired, \ resolntion was adopted directing the Judiciary Hommittes to report a bill to suppress obscene Literature. The concurrent resolution providing for the election of 8 Motropoliten Police Commissioner to-day at noon was vailed up and adopted. A resolution ditecting an ine quiry into the performance of the duties of Health Oificer of the port of New York, wag tabled, Ira Buckman, of Brooklyn, was nominated for the vacant Poco Commissionership in a caucus of the ropublicau mem rs of the Legislature last evening. ‘SCKLLANEOUS. ° In the Constitutional Convention yesterday section eight of the report of the Committee on Finance was amended so that the State shall not give or loan ite credit to any individual or aseoclation, and thai a two- thirds vole shall be necessary to carry an appropriation in etther Louse of the Legistature, The fifteenth section, relative to (axation, was so amended that taxation shall be equal, and sworn statements of property shall mot be required, Tho majority in the Fiorlde Convention bave agseried their supromacy aud deposed the minority President and Serge Arnos, appointed mew committees, reorgan- ‘ued the Convention and expunged all its former pro voodings, The Louisiana Convention spent the day yecterday in » disorderiy squabble over the proposed jucrease of per diem. The Georgia Convention were engaged wainly Ia trinlvof the black lawyer Bradley. The North Caro- }iga Convention debated on the judiciary report in Com- mittee of the Whole, and the Virginia Convention me morialized Congress for a reduction of thetax on tobacco, Nothing of importance war done in the South Carolina or Misziseippi Conventions the Arkausas Conventi tion yeaterday, It prov other things, for Temale and negro suffrage and fixes the 1dib day of March as the day of election on its ratidoation As (eras heard trom in Alabama only §) 775 votes have beon polled for the constitution, 86,000 being re- quired to carry it. in'the United States Circult Court yeserday, before 9 Benedict, the cave of ‘the Uuited States agameat woustein, charged with rymning au ilicit diotiNery im violation of the Revenue laws, was resumod, The case veing submitied to the jury a vervict of “guilty” wax rovurned, with a recommendation to mercy, Remanded tor sentence. In the United staieg District Court yerterday, before Judge Biatebford, the jury in the case of the United Mates We. Baios of Blankets returned a verdict tor the claimants, In (he same court a jury empanelied ty the cave of the United states ve, A Rectifyiog Distil- jery in Bast Ninth sivect returned # verdict condemning tie distimery. In the United States Dietrict Court im Baukraptcy ia the mattor of Robert ©, Rathbone, a bankrupt. in which a question wae raised @ to the time to Ble specifications sgninst a debtot, Judge Blatchford decided thet no extongion of the time provided by tue at would be perwitied, In the same court discharges in bankruptey were grauted in the following case fried Isidor, Juliue Moomenthal, Maz Lauterbach, J b D, Temac, Kdwin E. 0. Goodwin and Jamee G, Porvedur, Jo tho United Dietriet Court yeaterday deereer of con domnatiot vt quantity of whiskey seized at differ. ent plo ere recorded, lo the Supreme ¢ Chanvoere, yesterday Judge Baruerd grantod & writ of error im the cave of the People, va Margaret Walsh, convicted of (he homicide of officer the new constitu 1 of General Sessions yerterday, before Re- eid Hacks, Hoary B, Livingsion may conyisted of NtwW YORK HERALD, WEDNESDAY, FEBRUARY 12, 1868, forging a check and presenting it to Tiffany & Co. for $1,200. Ho was sentenced to the State Prison for three years and fned $2,500, to be furthor imprisoned until paid. General Grant and ceasion=What Ought Dot ’ Time flies. The contest for the Presidential succession comes on apace; but who is the Presideatial Suo- the Demeoracy to is Ulysses S. Grant. On the great istue in the republican camp (the reconstruction policy of Congress) he has crossed the Rubicon; he is with the radicals, and that settles the question. Mr. Chase as an aspirant ’for the Chicago nomi- nation ceases to be a dangerous competitor, and will doubtless cease to push his claims. General Grant, we dare say, will be proclaimed the republican candidate by acclamation, and from all the facts and indications bearing upon tie contest there is no probability of his de- feat. In the powerful element embrac- ing the surviving ten or eleven hundred thousand Union soldiers of the war Grant, as the great chieftain who directed their move- ments from the Potomac td the Rio Grande, and who finally compressed them from an area of eight hundred thousand square miles into the rebel surrender at Appomattox Court House—Grant, we say, will have an army of voters at his back that will be simply irre- sistible. * , What, then, are his qualifications for the White House? we may very properly inquire. He ts not a statesman of the comprehensive views and experience of Henry Clay; he is not tho man, hit or miss, who will “take the responsi- bility,” Nike General Jackson ; he is not a philo- sopher such as Jefferson, nor an expounder of the constitution of the calibre of Webster; he is not a politician of the cunning school of the Albany Regency ; ho is not in finance up to pegs Begun 3 BearSes of oven “Old Thad Stevens ;” he is but a schoolboy in the arta of political engineering compared with Chase ; he could, in the strategy and tactics, the quirks and quibbles of the law, be bottled up by Ben Butler, and he cannot begin to make an off- hand political speech or complimentary ad- dress with “Andy Johnson.” Indeed, we have the positive assurance of a copperhead con- temporary to the effect that General Grant has no turn of mind and has had no schooling in the charms of literature; that he ts incapable of appreciating the beauties of Lord Derby’s translation of Homer, or Longfellow’s render- ing of Dante’s “Inferno.” But with all these deficiencies, and notwith- standing the facts that he was but the othor day a wood seller in St. Louis and still later a tanner in Galena, there is some excollent stuff in this quiet little man Grant for the White Hiouse. His fund of practical common sense and cool sngacity supply the place of genius, and he has a practical theory of the Union, the constitution and the laws equal to the highest order of statés- Without the rashness of “Old Hickory,” he has all his firmness in adhering to his settled convictions. A practical advocate of retrenchment and reform, he is ne political visionary aiming at impossibilities, and no be- lieVer in Quixotic experiments. Ho is, withal, an amiable man, disposed to try the healing appliances of patience and conciliation over sectional troubles, rather than the sharp Parl- tanical romedies of hot iron, caustic and am- putation. Never having been broiled upon the gridiron of either political party, he has no personal revenges, like Jackson, to settle, and no claims, like Buchanan, of a gang of tyenty years’ followers to meet. Finally, in his brief administration of the War Department General Grant has shown that ‘he mind equal to the most effective combinations of a million of men in the field is competent to shape the policy of balf a dozen men in the Cabinct. We may, then, undertake to say that in tho election of General Grant the American people will secure » good President and a reign of internal harmony and prosperity and of exter- nal influence and power under his administra- tion. But if the radicals are thus to secure a new lease of four years in the government the question here may be asked, What security have we against the fulfilment of the wildest schemes of the radical fanatics? We answer that all dangers from another radical Congress may be avoided by the election, with Grant, of a conservative Congress. The comprehen- sive powers of Congress under our political system have at length been fully developed. The lawmaking and impeaching department is the sovereign branch of the government, subject only to the will of the people. To this depart- ment, then, the special attention of the demo. cracy aud all in the opposition ranks should be devoted in the coming contest. We believe that no opposition candidate can ve brought forth competent to defeat General Grant. It is uscless to suggest, -even to the eachems of Tammany Hall, the claims and saving virtues of Andrew Johnson. They like his offices, but this man is not their man. He is, perhaps, as little thought of as the Emperor of China by the democratic managers as their man for the succession. General Sherman will hardly consent to run against Grant; and, moreover, the Western copperheads are dead against Sherman, and they do notlike Hancock, and they will have Pendleton. General Grant as our next President, then, may be considered 8 foregone conclusion; but the next Congress will go far to suape the poiley of the next administration. Jet the democracy, then, turn their attention and their efforis from the President to the next Congress, and they may secure & House of Representatives which from the beginning to the end will give us, under Grant, a conservative administration. In every Congressional dictric! let eu opposition candidate for Congress be brought out whose merils are known and recognized by all par- tiew, and let his battle be fought upon the broad and living practical issues of the day, and let democrats and all the opposition ele- mente work wiih a will for lis election, and they may, in securing the next House of Re- presentatives, control President “and Senate and the whole policy of the government. This is the true policy of the opposition, with Grant in the field as the republican cauditate for tire Presidential succession. ‘Tue Triat ov Dr. Tyno.—This quoer eccle- sinatical joke is not yet ended. As far as it has gone it seems to have devoloped that the Board of Prosbyters-bave already found the acoused guilty, and that therefore it would be coming man? From the drift of recent events, and the inevitable gravitation of the dominant Union war sentiment of the country, we believe that the child is christened and that hia name prove him innocent. The course taken by the court in giving effect to its purpose is to bluntly declare everything “irrelevant” that bas the slightest tendency in the culprit’s favor. An important point in the defence was to show that the canon revived for the occasion was a dead letter, and, in tact, ignored or “violated” by the common usage of divinos in every city ; but this the court would not permit to be proved, for it would evidently be inconsistent with its own foregone conclusion. The Telegraph and the Press. There is a certain disposition in tho tele- graph interest just now to dictate the conduct of {ts customers, . Having succeeded 80 wonderfully in the manipulation of the nominal value of their property the man- agers of the Western Union Company feel @ sprouting ambition to do greater things in the world—to reorganize the solar system, if they may; and they propose to begin by taking on their unocoupied bands the manage- ment of the press. This is not exactly the tearful eagerness of Alexander drying his eyes at the prospect of new realms to be deranged, but rather reappearance ‘of tho spirit that vitalized the Managers’ Association in its famous trial at managing other people’s busl- ness to the neglect and final ruin of its own. As this new effort in the telegraph company originates with men who aro new to their places and know very little of the relations of the press and the telegraph o recapitulation of | some prominent points in the histories of the respective interests may be timely and profit- able. : At the commencement of its oareor the Heratp stood alone and worked against a combination of papers managed op different principles; but it worked with energy and courage and gained many advantages in the siruggle for popular favor. Its vigor con- stantly gave 1t the most signal triumphs over its opponents in putting the nows before the people at the earliest hour. Although the older papers had then an organization among themselves for securing harbor news the Heracp was constantly ahoad. In those days of Liverpool liners, whon the news brought by each ship was six, eight or ten days “later” than that brought by the preceding ship, it was a matter of some moment to be tho first to lay the budget of fresh intolligence before the eager mass of readers; and here it was that the little Herann made an impression; for despite all that the older sheots could do they were constantly beatea, and were com pelled to give the news to their readers copied from an “Extra Huranp.” Thoy anw that the HsRap was not an opponent to be despised, and entered into an alliance with it—an asso- ciation-for seouring the nows that was a com- promise on the point of expenditure; but was otherwise of mutual and gencral benefit, ‘Upon the demonstration of the feasibility of transmitting news by the electric telegraph, tho building of lines to important points and the crystallization of a considerable monoy in- terest around the wonderful discovery, there arose a collision between this interest and the allied or associated newspapers, That was in consequence of an aliempt then mado by the elegraph people to manage the press, They assumed to dictate what each paper should do with the news they furnished. They wanted to secure In the several members of the association 40 many cus.omers and have éach customer psy them individually so much for the same paragrapb, while the members of_ tho press held that one payment for the same piece of nows was onongh It was found, even at that early day that the press was more nocessary to the telo- graph than the telegraph to the press, #0 that the telegrapbers had to acknowledge tho vanity of their atiompt and give itup. That victory of the press was @ natural result of the laws of trade governing the two interests, and ag it impressed upon the mon who managodsthe telegraph in those daya the exact point at which their power with regard to newspapers must have its limit, no more was heard for years of any attempt of the telegraph to dictate to newspapers. But another spirit has grown up—ihere aro new men in charge, and these have to learn for themselves the lesson tanglt their predo- cessors. The Westorn Union Telegraph bas aitompted to bocomo a vast monopoly, and to swallow up all other companies like an Aaron’s serpent of stockjobbiug. In this it evinced a disposition to: try the old experiment over ona larger scale, It began on small papers in the country, especially io the Eastern States, fulminating the decree that such journals as ventured o take news coming by other lines could not be aerved in any case by the Western Union. This first step of encroachment might have been gained but for the spirit with which it was mot by the best of the New England newspapers—we might almost say the onty really vital newspaper published in the New England States, the Springfield Republican. Moreover, these et croachments have already bronght into e ence successful opposition linos, that are extending their field and will soon reach every important point in the country. Doubtless newspapers, whenever they feel the pressure of the domineering and arro- gant spirit of the Western Union Company will take @ timely alarm and assort their own rights in the case. We say this in the interest of the press generally, but more espe- cfaliy of those paris of it that may, if they hesitate, be more at the mercy of this grasping monopoly than any portion of the presg in this city can be, It must be remembered that the telograph companies are ¢ 2 care riers, and under their chariers ca: be pun- ished tu damages for coutumacy aud be com plied to transmit despatches presented; but doubtless if any persistent effort against the press were made a more effective romedy would be the construction Ly newspaper men of lines for their own uae, Mon stand’ ready ab all times to construct enol lines on the mere guarantee of receiviug the newspaper busi- ness, ° Li requires but little consideration of the facta to point out clearly the edvantage that this would be to the press. The nominal value of the Western Uniou Company's property is forty million dollars. Tho company charges for despatches at a rate that will enable it to pay earnings on that sum. Now, the real value of the property is only ten or fifteen million dollars, and paying dividends on this *maller sum would be geonred by prices seventy-five per cont less than the Western Union Company charges; consequontly new que « work of gupererogation fer pay one yo ' linen would make Whe prose tlegeaph bills ona a LT quarter what thoy now arc. Improved lines, with the most recent additions that scientific discovery has given, can be built at a cost that will warrant these reduotions in prices, beside securing greater accaracy and cer- tainty in the transmission of mossages. The War of the Improsaril. The operatic situation bocomes more interest- ing every day. The forces on either side— Pike’s and the Academy—are drawn up in line of battle, with the artillery of soprant, tenort and bassi bristling on the ramparts of both opera houses, The first gun of the cam- paign will be opened at the Academy to-night by Major General Strakosch, and Field Marshal Pike.will commence operations on the west side on Monday. Providence is said to be always on the side of the heaviest artillery, and Strakosch has some big guns in the per- sons of La Grange, Brignoli and Phillips. But Pike is an admirable tactician, and he has secured a large force for the campaign: Maretzek’s corps of Italians and Grover’s German veterans are expected to arrive at the new opera house next week, and then the fun will commence in earnest, Awong all the operatic generals that have campaigned on the island of Manhattan the most astonishing and Napoleonic is Pike. As he contemplates his wonderful success on Eighth avenue he may exclaim with Cesar, “Veni, vidi, vici!” and the operatic public will ondorse him. But now the clouds of war are thickening around him, and diplomatic relations are broken off betwoen him and Strakosch, -Ho issued his ultimatum to the La Grange and Brignoli gov- ernment—forty per cent of the gross receipts or nothing—and the two hundred and fifty stockholders of the Academy, with Drum Major Kingsland at their hoad, bore off tho captive Strakosch in triumph to thelr stronghold. Every artifice was tried by thom to gain over the forces of the enemy to their side. Reliable gentlemen, intelligent contrabands, glowing telegrams and veracious statemonts, like those wo had during the war, were put in requisition hy the two hundred and fifty chiofs of the Academy. We havo not the slightest doubt that the Irving place opera house will be crowded and that the campaign will open bril- liantly for Major General Strakosch and Drum Major Kingsland; for the house on the west sido was filled to its utmost extent on many nights during the time that La Grango and Brignoli sang there, On the other hand, Maretzck, pro- bably fortified by the experience of past disas- tors, will make @ masterly disposition of his forces, and we await with breathless anxiety the result of the mighty conflict. The exploits of Peter the Headstrong when he marched against the Swedes and the cun- ning Risingh, all of which are chronicled by the veracious Diedrich Kuickerbockor, wiil be eclipsed by the daring feats of Pike and his myrmidons, Among the warriors who hoist the Pike standard—“a flask of Bourbon rampant on a field of barley, gules” — are the numerous forces of Maretzek, who evacuated tho Academy some time ago, and the valiant Teutons of Grover, beyond the time of whose début in this city the momory of man runneth not Field Marshal Pike has othors in reserve—perhaps Patti and the other Strakosch—and he complacontly awaits the attack of the two hundred and fifty from Irving place, The Stuyvesant manuscript, slightly paraphigsed for the occasion, can alone do- acribe the impending battle of the impresarii:— “ Expectation now stands on stilts. The world forgets to turn around, or rather stands still, like @ round-bellied alderman watching the combat of iwo chivalrous flies upon his jerkin, Historians fill their inkhorns ; poets and ovitica go without thoir dinners; antiquity scowls auikily out of iis grave to see i'self outdone, while even posterity stands mute, gazing in gaping ecstacy of retrospection on the eventful fiold. Now tho mighty chiettains marshal out their hosts, Here stands the immovable Stra- kosch, inccuated with stockholders and in- trenched to the chin in Verdi, Bellini and Donizetti batteries. His valiant orchestra ling the breastworks of the Academy in’ grim array, and his great guns of soprano, alto, tenor and bass calibre are ready to launch forth cavatinas, arias and choruses on tho heads of the avsuilants.” On the other side is the intrepid Pike, shouting his war ery, “No stockholders! Forty per cent forever!” and his terrible batteries of Italian, German and Bourbon artillery are prepared to rake all the approaches to Kighth avenue and annihilaf the devoted stockholders, Or like two modern gladiators essaying their powers according to the newly revised rules, &c., tho impresarii deliver terrific blows against each other’s craniums. Now Strakosch throws-out « left-hander in the shape of “Il Trovatore,” which is cleverly stopped by Pike with Wal- Iace’s “Lurline.” Then, after feinting with “Un Ballo in Maschera,” Strakosch delivers a sledge hammer blow with the “Prophet” and Pike retaliates with “L’Africaine.” As in all great wars there are free bands who fight inde- pendently of either side, so in this operatio conflict we have already « partisan company of artists on Sixth avenue, at Lyric Hall, going into the fight on Friday next. At all events, the public will benefit by this war. Italian opera languished and almost died away in London when there was only one manager and one company. When Gye and Mapleson entered the lists against each other the opera revived and soon became flourishing. Competition ja the soul of opera, ae well as of other branches of business, and it will serve to break down the monopoly and narrow-minded policy which bas hitherto acted as an insuper able obstacle to the progress of the lyric dram Tux Jouxson-Grant Corresronoyxce.—-The additions to this remarkable series of letiers, which we give elsewhere, are from the Presi- dent and Messrs. Seward, Welles, McUulloch, Randall and Browning, of the Cabinet, and also a letter from General Grant. They pre- sent nothing uew, save the (General's re- pudiation of the charge of insobordina- tion, But the | President's criticism of General Grant’s statements, and of his pori- tion altogethor, is, to say the lens, sharp. General Grent’s charge that the President had endeavored to involve him in resistance to the law is quite matched by the Presl- dent’s declaration that Grant had not only noted purposely with duplicity, but that be had intended 80 to aot from the first, and accepted the War Office as Stanton’s tool. Altogether this is tha ‘most remarkable correspondence hat ever paseed boiween national magnates, .Anethor Bavk Defalcation. The rumor whidh startled Wall streot on Monday afternoon with an alleged robbery of the American Exohange National Bank by ils assistant cashier put tho loss at half a million dollars. The President of the bank, however, in a note which appearod in yesterday's Hewat, states that “after very careful investigation it is found that the bank may bo involved in a logs not exceeding sixty thousand dollars.” He says also :—“Our late assistant cashier was discovered to have been privately engaged in speculations. His resignation was immediately accepted by the Board.” Here wo have o repetition of the same old story, which might almost be siereotyped, with yarlations only in the figures, so familiar has it become to Wall street. Often and often as such d defalcation Occurs its exposuré fails to make it an effec- tual warning. Another and still another fol- lows closely on its heels, until people are half driven to hoard their money, like old Mr. Bennehoff, the petroleum millionnaire, who made a homeguard of himself and family. .His } doleful experience, indeed, is not very encour- aging to those who are tempted to believe that every man must be his own banker. But if Mr. Bennehoff loat several hundred thousand dollars by burglara he has at least the satis- faction of knowing how he lost it, whereas de- positors in banks the officers in which are “dis- covered to have been privately engaged in speculations” are never likely to know defi- nitely how their money is lost. Is there no remedy for the evil of which this latest bank defalcation is an example? The laws are sufficiently stringent to meet the case, but if the Legislature can devise means for more faithfully enforcing the laws let it be dong forthwith. Might not the almost habitual practice on the part of bank directors of omit- ting to prosecute the guilty defaultors be made @ penal offence? Soventy-three Days from Liverpool. The Herawp published on Monday a thrilling account of the long and perilous passages of the packet ships Columbia and Neptune from Liverpool to this port. Tho Neptune took forty-three days and the Columbia seventy- three days to make a voyage which steamers have repeatedly made ip from eight to ten days, and probably will make ere long in seven days, A painful and forcible illustration has thus been afforded of the fact that the days of sailing ships, at least for winter navigation ofthe Atlantic, are well nigh numbered. The marvellous change which steam has wrought in tho conditions of transit, both for passengers and for freight, must be more fully recognized than ever, The time is speedily coming when propellers like the William Penn, the Bellona, the Cella and the Atalanta ‘must take the plice of sailing vessels on every sea. The superior advantages of propellers over paddle wheel sieamers have been attested by experience. Burning, as the former do, six hundred and fifty tons of coal Jess than the paddle boats, they can consequently carry six hundred and fiity tons more freight, and ihe expenses of coal and coalpassers and a variety of other ex- penses are materially reduced. The advantages of propellers over sailing vessels are propor- tionately gfeat. They can carry three times as many passengers and far more freight at less expense and in much less time than any packet ship. We hear occasionally of projected American lines and of plaintive petitions for subsidies ; but there would be no necessity for wasting talk and time in begging for subsidies if leading capitalists would but combine to plan and put in operation several great lines pf propellers. Both capitalists ang the public would reap rich end immediate beneflis from such enterprises, which conld not fuil to be self-sustaining, OBITUARY. Sir David Brewster. ‘The cable brings ua intelligeace of the death of this Aisingulghed British savant on the 10th inst., in the oighty-eeventh yoar of his age. é Sir David Brewster was born in Jodburg, Scot December 11, 1781, He was educated for the Church of Scotland, of which he became licentiate, and in 1800 he Tocoived from the University of Fdinburg the bonorary degree of A. M. While stucying there he enjoyed the intimato friendship of Robinson, Playfair and Dugald Stewart, In 1503 he undertook the editorship of the “Edinburg Encyclopmdia,” which was only fintsbod in 1830.¢ In 1807 he received the houorary Aogroe of LL D, frofa the University of Aberdeen, aud subsoquentty trom Cambridge the degree of A. M., and that ot D.C. L, from Oxford, In 1808 he was also elected a Fellow of the Royal Society of Edinburg, and aftorwards Milled the offices of Secretary and Vice Presi- dent, Between 1801 and 1512 he dovoied his attention to the study of optica and the results were embodied in a “Treatize on New Philosophical Lostraments” In 1813, when he anuounced bis discovery in regard to the larization of light, which was also made jaius and Arago, From this time bw contributions to the Edinburg aad Looton phil ophical trancactions contain the record of many briliiant coverios in option in regard to the polarization of light, and also in the absorption of light in pasting through various wedia, hile writing (he article om “Burning Inatru- ments” in the “‘dinbury Hncyclopwdia”’ he was led by @ proposal of Buffon to siggest the construction of @ ‘wow |lluminating apparatus for lighthouses, to consist of Jens made out of sones of glass, to be boilt wp of geveral circular segments, acd thas tnorease the iuminating power to ao extraordinary roe, This beautiful and valuable invention was claimed by the French savent Frisnei, and is now beary bismame, In 1816 Dr. Breweter in ed (b+ kaletdescope, an instru. ment which bas had jmmonse sales, but which resutted in 20 pecuniary bunofit to the inventor, in ce of the patent being evaded, In 1819, in conjunction with Professor Jameson, he established the ulurg Philos phical Journal and subsequently the Adin burg Journal of Scienes, in 1825 the Institute of France elected = Dr. ster 4 correspond. tog member, and he hae since received name honors ‘from the | academies $= of Rasgia, Proseia, Austria, Swoden and Denmark, In 1831 be proposed the meoting at York, out of which grew the British Association for the Advancement of year he received the decora- 0 next iv. Seiencos; and im the sai tion of ihe Hanover! our the houor of k ia 1898 he was appoiuted Principal of the row, being the first laymen who ever h lo had be wae unonimously elected and of the University of Edinburg. Tw elected one of the eight foreign — im the National Institute of France, ed philosopher Arago being the Chair. olection’ of Candidates, Sir tag largely to the Edin. Reviews, and the transactions Of all | Creat Britain, Treat ny works are a@ a “Treats om Optic Naiural Mogte Martyrs of § moirs of the Life and Writings of sit I “More Worlds thi and otfere th: { Space to mention. It ie imporatble to recall here in our limited epace ali the facts with which Sir David bus | the most delicate branches of natural philose- | tal and posisve, to which ries cannot be expressed 4 forming’ not at Hie development of rization of light veeliy brauch of scious, The result of his researches in thie domain of sctonee and forme, a* it were, a mine | of seientific wealth from which Lis comtemporaries have n, and which furnishes ® rich field lines, In his oral world bo Alaa Giscorered tw Byowster was not im@iforens to. ‘4 of ideas and.to the political and M have agitated the world, In Independent ere Horuorses, being oo ante is seoond wife was & 1. Sit David Browater’s Aone will inte Thoma Prungl be lamouted whatever golonce bas her ion | J TOVEGRAPHIC. NEWS FROM ALL PARTS OF THE WORLD TURKEY. SPECIAL TELEGRAM TO THE HERALO, Despatches from the Seat ef War in Oasae dia=The United States Steamer Tivende- roga on the Coast~Admiral Farragut’s Fleet Expected in the Archipelago. 7, ConsTanTINOPLE, Feb, 9, Via Lonvon, Feb. 11, 1868, Official advices from the seat of war in Candia, dated on the 26th of January, have been received by the Cabinet of the Porte. re The despatches detail the movements of the im- perial troops and call attention to the fact that the United States war steamer Ticonderoga, mounting nine guns, and forming part of an American squadron, had arrived on the coast of Crete under special orders received from Ad- miral Farragut, in command of the American fleet in the European waters. It is also announced and believed in tne politi- cal circles of Turkey that the remainder of the vessels of the United States fleet under Admirat Farragut will leave their present stations at am early day and gail for the Grecian Archipelago, where they will muster in force. CUBA. SPECIAL TELEGRAMS TO THE HERALD. ef thé French Stoamer Im- ‘ar at Havana, via Laxe Crry, Fla,, Feb. 11, 1868. Tho French mail steamer Impératrice Eugénie has arrived here from St. Nazaire after # tempestuous voyage. The captain has come ashore, and reports the damage to his vessel as slight. ‘The dates by the Impératrice Eugénie are—St. Nazaire, January 18; Martinique, February 4. At the latter place were the war vessels San Isimo, Semiramis, Amiral, Hermione and Achéron. The mail steamer Floride arrived at Martinique on the 2d inst, and was kept four daya in quarantine. Captain General Lersundi has returned to Ha- vana temporarily, Ristori has been crenting quite a furor at Matan- zas. As high as $100 has been paid for a box at oue-performance. A great many Moxicans have arrived here from France. Gorman Ball—American Ladies and OMicers Present—Festivity Aboard the Shawmat. Havana, Via Lax Crry, Fia., Feb. 11, 1868. The captain of the Hamburg brig Fredrico filed’ @ protest against the embargo laid on his vessel. ‘The brig has since sailed for Hamburg. A grand ball was given on last Saturday evening atthe Casino. The ball was well attended by the ite of the American society here. There was quite a large number of American young ladies and officers of the United States gunboat Shawmut. This vossel is hore awaiting orders. Yesterday » drill, and champagne breakfast took place aboard, at which many American ladies were present. ‘The Don has not yet arrived. The Treasury is calling pensioners whose claims were duo in October, Noveraber or December last to present themselves. ST. DOMINGO. SPECIAL TELEGRAM TO THE HERALO Overthrow of President Cabral. Havana, via Laxe Crry, Fla., Fob. 11, 1868. President Cabral has fallen, He eacaped, how- ever, from the capital of St. Domingo. General José Hungria has assumed the retos of government till Bae: ENGLAND. h of Sir David Brewater-Lunnch ef « Bir David Brewster, the colebratod English physician and distinguished scientific discoverer and author, died jast evening at the advanced age of cighty-seven, ‘The British fron-clad ship-of-war Hercules, sald to be the largest {m the world, has boow succesefully launched at the Chatham dockyard. A deputation from the loyal Irishmen of Londom yesterday waited upon the Right Hon. Gathorne Hardy, at the Home Ofico, and presented bim an address ex- pressing their devotion to the British Crown, The Home Secretary replied to their addross ia am Appropriate speech, thanking them for their manifesta- tions of loyatty. IRELAND. tal Conviction—Trials for Sedition. _ . ne, Feb, 11, 1868. Another atiack was made upon tho police in the strosts yesterday by the mob, who pelted them with stones and brickbats, The police, who were armed with muskets, fixed bayonets and charged upon crowd. ° A whort and desperaie ight followed, ich several of the rioters were bayonetied. The assailants them fled in all directions, leaving the wounded on the ground. Daring the day an atienpt was made to seine a welt known informer and iynch him; but the appearance of & police patrol prevented the outrage from being carried ou. * Conk, Feb, 11—Evening. One man is known to have been killed by the police yesterday when they charged upon the crowd with bayonete. The aumber of the wounded cannot be ascertained. Drauiy, Feb, 11—eveniog The trial of Lounon, which commenced yesterday, ended to-day with » verdict of guilty of murder and felony and treagon, Mr, Sullivan, of the Dublin Jrishman, bas been in- djoted by the Grand Jury for publishing seditious livets, His trial will commence to-morrow, * Mr, Martin and other gentlemen, who were arrested some time@ ago for taking @ prominent part in the fu- neral ceremonies for the Fonlans executed at Man~ chester, Dave been indicted by the Grand Jury. GERMANY. Conne Miemarek Unablo to Trnval=No Uhamse iu the Prasatan Cabinet. Barton, Feb. 11, 1968, Count Bismarck is sick and unable to lente Berlin to avail himeelf of his leave of absence, ein the Prussian Cabines is propotwd. ‘The Schleswig Question and German Nege~ tations, Covuwascns, Fee, Ll—Evrening. It ie aald that negotiations for a treaty between Doe. mark aud Pewssia, for the settioment of the quostfona im dispute beAroan theni, have failed, ROME. Concordat=Prussta Cloner. . Loxpos, Fob, 11=fvening. It is reported that the Pope has deelined to enter Into negotiations for @ revision of th@ Austriag Concordat, and that Prussia Bas made advardes for closer diviomatia. relations with Rome, The /s jan ter Between the Fentans and Police=" Drawieg, ‘ es —-