The New York Herald Newspaper, April 21, 1868, Page 6

NV BROADWAY AND ANN STREBT, JAMES GORDON BENNETT, PROPRIETOR, AMUSEMENTS THIS EVENING, BOWERY THEATRE, Bowery.~MAOQUETH—IRISHMAN'’S Home. BROADWAY THEATRE, In any OUT OF PLACE. NEW YORK THEATRE, opposite Now York Hotel. - PARIS AND HELEN, OLYMPIC THEATRE, FRENCH THEATRE. NIBLO’S GARDEN, Broadway.—Tas Watrk Fawn, WALLACK'S THEATRE, Broatway and 13th street.— ‘tam Rent Day—Iot ON PARLE FRANCAIS, NEW YORK CIRCUS, Fourteenth street.—GYMNastiog, EQURSTRIANIGM, dc. THEATRE COMIQUE, 4 Broadway.—BALLET, FAROE, bi KELLY & LEON'S MINSTRELS, 720 Brondway.—SonGs, Eooenraroi7ixs, 4c.—GEanp Durcu “8.” SAN FRANCISCO MINSTRELS, 585 Broadway.—ErHyo- PIAN ENTERTAINMENTS, SINGING, DANCING, TONY PASTOR'S OPE! @ HOUSE, 201 Bowery.—Co mio VOOALISM, NECRG MINSTRELSY, fe. STRINWAY HALL.—Mns. Frances A. KEMBLE'S READINGS. - DODWORTH HALL, 806 Broadway.—SeL¥oT ENTER- ‘TAINMEN', EUROPEAN CIRCUS, Broadway and ‘4th street, —Equks- YRIAN PERFORMANOR, LIVING ANIBALS, BO. MRS. F. B. CONWAY'S PARK THEATRE, Brook!ya.—- Nrok OF THE Woops, BROOKLYN ACADEMY OF MUSIC.-—Euizanera. HOOLKY’S OPERA HOUSK. Brooklyn.—Erniorian MINSIKKLSEY—THE KO KLUX KLAN. OM and 996 Broadway.—PANORAMA OF THF Wan. NEW YORK MUSEUM OF ANATOMY, 618 Brondway,— SOLENOE AND Aut TRIPLE SHEET. Ribee Yorks Tuesday, ‘April ‘2, 1865. NOTICE TO ADVERTISERS. Advertisers should bear in mind that, in order lo insure the proper classification of their business announcemenis, all advertisements for insertion in the HERALD shouid be left at the counting room by half-past eight o'clock P. M. . THES NEWS. IMPEACHMENT. Yn the High Court yesterday counsel for the Presi- y a nee NEW YORK HERALD | States should push an unpatriotic purpose to them Judge Barnard ordered tus committal to the county jail, Atthe adjournment of the court, how- ever, he was allowed Lo go upon his parole. Judge Blatchford yendered 9 decision yesterday in Osborn to answer a charge of embezzlement of United States fends in Louisville, Ky. The Judge decided that Blpomgart should be returned to Ken- what purported fo be his own written confession. The Hamburg-American Packet Company's steam ship Hammonia, Captain Meier, will leave Hoboken at two o'¢lock P, M, to-day (Tuesday) for Southamp- ton and Hamburg. The European tells will close at the Post Omice at twelve M. The stock market was excited yesterday, Govern- ment securities were strong. Gold was strong, and closed at 139, The number of beef cattle on sale at the 100th street yards yesterday was about 1,250 head. ‘The demand was nat active and prices of all grades were heavy. Prime and extra cattle were diaposed of at 1813. a 19%¢.; fair to good, 17%c, a 184¢0., and inferior and ordinary, 1440, a 1c. Mileh cows were quite.sieady at prev'cus prices, vizi—$90 a $110 for Prime and extra. @ [50a $50 for inferior to good, Veal calves were without change of moment. We quote extra, 12c,; ordinary and prime, 10c. a 1134¢., and inferior 8c,a 9c, Sheep and lambs were de- pressed by the large offerings, and prices were lower. The demand was limited, We quote extra Wool sheep, 9c. a 9}<¢.; primg 8c, a 83¢e.; inferior to Good, 63¢¢, @ Ke., and sheared sheep, 530. a T3{c, & 8c,, according to quality. Swine were in fair de- mand and firm at $}¥c. a 1034c, for common to prime, The total receipts for the week were 5,487 beeves, 137 miflch cows, 2,521 veal calves, 17,837 sheep and lambs and 13,534 swine. Impeachment—The Position of the President Before the Court and the Country. Impeachment, in nearly its full proportions, is now before the country, Nothing in the nature of a fact remains to be given. Counsel are yet to argue on either side, but their argu- ment will mainly deal with the nice points of law and technical interpretation. For the broad view that the people are to take of this remarkable case the picture is complete. And what a picture! We have from time to time touched upon the fact that the possibility of such a trial, on such charges and in such cir- cumstances, was a national disgrace ; butlook- ing over the whole case we: appreciate that it was before impossible to realize the full depth and extent of that disgrace. It was impossible to conceive that the Congress of the United such an extreme—should pursue the national Executive with such inveterate persistency, and at last have so litile to show to his re- proach and in explanation and justification of its own course—should be able without an over- whelming sense of shame to rest its case, not having given a tittle of evidence to sustain its dent announced that the testimony for the defonce ‘was closed. The prosecution then proceeded with ‘their additional evidence. The commission of Gen- eral Washington was read to show that he held oftice «luring the pleasure of Congress. Postmaster. General Randall was recalled and | Tyrther examined in relation to the suspension of Foster Blodgett. Mr. Butler offered the answer of Blodgett to the note suspending him, but Mr. Evarts objected. Mr. Butler was proceeding to argue the question, when the Chie Justice directed him to re- duce his offers of proof to writing, to which Mr. Butler at first demurred, and received a sharp re- duke from the Chief Justice in consequence. An | argument of the usual length ensued, aud the evi- | dence was ruled out without a divisi Mr. Butler then proposed to put in evidence certain matters relative to the establishment of the Millia y | ‘Division of the Atlantic, which was also rejected by % vote of 141055, The Managers then annenacet that'the testimony for the prosecution was closed. ‘The court then adjourned till Wednesday. CONGRESS. in the Senate the impcachment proceedings ocen- pied the whole day. In the House the Senate bill appropriating *10,000 for the expenses of the impeachment trial was reported, and, after considerable debate, was passed. Mr. Banks called up the bill for the protection of American citizens abroad, which was debated at great length and finally passed by a vote of 99 10 5. THE LEGISLATURE. In the Senate yesterday bills for the tmprovement of lands‘near Wallabout bay, and for a railroad from Atlantic avenue to Prospect Park, Brooklyn, were passed, with numerous others of a character not of general intercat. In the Assembly the bill to afford the same facili- ties to passengers on steamboats as on railroads ‘was ordered to a third reading. The Erie Rallway Dill, passed by the Senate, was considered in Committee of the Whole, read a third time and passed by a vote of 101 to 5. The Pro Rata Freight bili was ordered to a third reading. Bills to widen West street; to afford certain facilities to steamboat passengers on the Hudson river; approv- ‘ing the lines and grades established in certain streets in New York; to preveut gas companies from charging rents on meters and to provide for one hundred and fifty additional notaries pubiie in New ‘York were passed. The New York county Tax Levy was considered as a special order in the evening and passed by a vote of 85 to 11. EUROPE. By special cable telegram from London, daicd yesterday, we are informed that the special corres- pondent of the HeRatp in Abyssinia had announced that General Napier, atter advancing from Lake Ashangi, ordered a dash to be made on Theodorus’ works at Magilaia, but the resuii was not known, owing to a break in the telegraph near Senafe, The news report by the cable is dated yesterriay evening, April 20. | The Prince of Wales reviewed the Britiah troops | serving in and around Dublin, in presence of the Commander-in-Chief and attended hy a brilliant aiat, The people were out in large numbers, The Fenian prisoners charged with the Clerkenwell ex- | piosion were placed on trial for murder at the Old Baliey, London. The case excited intense interest, MISCELLANEOUS. A letter of the Citizens’ Association to Governor Fenton on the sulyect of the tax levies will be found | elsewhere in our columns this morning. It is shown that while in 1830 our taxes were $509,178.44, in | 1868 they will be about $22,000,000, thus increasing fodr thousand per cent while our population tia increased four hundred per cent. Our Rio Janeiro letter is dated March 11. The allies give their report of the passage of the iron clads by Curupaity and Homaité and represent the action a# rather plucky. ort Establecimiento, above Laureles, was captured on the night of the | isth of February by # charge of Marquis “le Caxias’ infantry. Fifteen cannon were capturer. the position was considered of some !uiportance as protecting Lopez’ communications. The abandon ment of Asuncion and its occupation by the feet is also reported. Sergeant Bates, the reconstrncting pedestrian, was Feosived in Baltimore yesterday with a grand ova | ton, the National Guard turuing out to do bim honor. ‘The suit against Guion & Co., ai Liverpool, fordem- ages by the explosion of nitro-giyeerine on board tar steamer ‘Etiropean, at Aspinwall, in Aprit, 1868, lias been withdrawn. The Canadian government, according to runior, has recetved further information of the Fenian plot to murder D'Arey MoGee. It appears tat forty de- voted membors of the Brotherhood drew lois und the | execution of the deed fell upon Whelan, ‘The contempt proceedings apaihst certain directors of the Brie Railway Company for alleged violation of the Schell injunction was heat Defore Jtuge Uarnard in the Supreme Court, Geueral Term, ere day. Measrs. Diven and Belden were . During Mr. Belden's examination he declined to @uswer several questions ov the ground that the | try? Or will he, like the wiser William of The works | were abandoned soon after being captered, although . charges, leaving the inevitable and necessary inference that in this pretended discharge of a great duty it was from the first moved only by partisan malignity. Undoubtedly this infer- ence is the final result upon the minds of the people. Ordinary men, desiring to be right and not able to see that the House of Repre- sentatives has proved any offence against the President, turn to impenchment organs to find assistance in the search for some reason against the Executive; and in the most vio- lent, the least serupulons of these organs, what NEW YORK HERALD, TUESDAY, APRIL 21, 1868—TRIPLE SHEET. answer would impticate himself, an@ on each one of | with them in the people, and they dared not venture for a while; but, keeping up the cry, “Old Bem Wado” and His Cabinet. It is given out from Washington that Andrew j her as she lay asleep under her own roof. Justice, swift and. strong, followed him, his they finally screwed their courage to the stick- | Johnson would probably be acquitted upon all | love abandoned him, and he has been con- | ing place and made their great attempt, the case of Bloomgert, committed by Commissioner | this is the result:—They have proved to the | and misdemeanors,” if it were not for the fears | nation that the President has been guilty of no | of the republican party as to what he might do | genyi for the murder of Countess Choriusky is | true to the character which she has not un- { offence; has done no act that he had not full , if permitted to run the administration on a new nothing but their party programme, and has had the high courage to disregard that party programme where it was in conflict with the interest of the country. Such is the appear- ance impeachment will present in history. By the record of this trial, therefore, the President is presented as a man who took a large and statesmanlike view of our troubles and who acted in the spirit of a true patriot with earnest loyalty to a large view of the nation’s necessities. By that very record he is acquitted of all offence that the people would punish, and all that is now to be insisted upon is that the name of the people shall not again used to cover party purpose, Except in is view it would be unimportant how the Sen- ate might vote. It cannot condemn the man whom the record acquits. A vote cast for conviction would, as between the court and the accused, injure only the Senator who. cast it. But we hayearight to eemand that the State shall not be involved in the disgrace of the Senators who are so regardless of honor, of truth, of law, of justice—so regardless of their own characters and of common decency— as to vote for the conviction of the Presi- dent. Mr. Morgan and Mr. Conkling, Sena- tors from New York, are counted upon ascertain to vote that way. We know not how they can reconcile such a vote to their consciences. We know not whether conscience will have much to do with it, but we know thatif these men vote in that way they will vote in defiance of the wni- versal sense of their constituency. New York is against impeachment, heart and soul, man and boy, woman and child, wherever there is thonght, reason and judgment; wherever there is an intellect not clonded by the spirit of party revenge or fanatical devotion to a narrow policy. Mr. Disraeli, in his speech on the frish Church the other day, raised the point of the “‘moral competency” of national legisla- tures to deal at all times with certain ques- tions. He said that on great points affecting the fundamental laws of the country “‘a Par- liament was not morally competent to decide if those who elected it had not some intima- tion that such questious would be raised.” Let Mr. Morgan and Mr. Conkling consider this, They are to determine points in our fun- damental law, and they know that since they were elected the State has gone against the policy they support by fifty thousand majority. They will see, if they rise to the height of Disraeli’s idea, that when Senators are tempted to balance between fidelity to the people and fidelity to party, and are likely to go over on the wrong side, their only honorable course is to resign their places. Senntor Morgan of New York. The people of this great State have viewed do they see? They see it tacitly admitted that | nothing has been proved, but find the Senate | urged to convict and remove the President ' nevertheless; to convict and remove him, not because he is guilty of the charges on which he has been arraigned, but because of the crimes he may commit in the future, Was the name of justice ever before prostituted to such a use in the midst of a sane and reasoning people? Suppose a man on trial for murder— it is proved and all know that he has not com- | mitted the murder he is charged with, but jus- tice is urged to hang hi:a nevertheless ; for if it does not his enemies are convinced that he will commit some murder to-morrow. Can a nation be more degraded, politically, intellect- ually and morally, than to be represented by a Congress to whom the political vampires dare proffer such advice and such reasoning—by a Congress whom those who know it best assume that such reasoning will move ? Revolutionary periods are troublous and try- ing ones to men in high station; but there is a time above all others when the ruler of a | people is in a dilemma from which there is no comfortable egress. This is the time when he is the head and front of a great revolutionary success, when he stands as the chief execu- with some surprise the course pursued by Senator Morgan since the impeachment trial begar. Difficult as it is to reconcile his votes with strict impartiality from partisan consider- ations, the high character of the Senator has shielded him toa great extent from censure, Mr. Morgan is a merchant of this city; he is well known for personal integrity and purity of purpose, and hitherto even his bitterest ene- mies have given him credit for acting from conviction. But Mr, Morgan cannot now so fur deceive himself as to believe that the con- vietion and removal of President Jobnson will cool down political asperities, resuscitate our dvooping cormimerce, rectify the financial mis- management of his party, or in any respect benefit the country at large. He wust perceive that in the present condition of affairs so gross an outrage upon our institutions .and upon fair play cannot fail to have a most disas- trous effect. How, then, will Mr. Morgan vote when he is called upon to answer whether Mr. Johnson is guilty or innocent of the puerile charges which have been brought against him? The Senator is certainly fully aware of the position of New York on this question, He must know that by a majority of fifty thousand tive officer—the prime director of the power of a people who have just triumphed in a great struggle. Let no person in his senses envy the position of that man, with the conquered foe prostrate at his feet in front and the noisy ele- ments of the snecessful people clamoring be- hind. What will he do? Will he consent, as Sulla did, to be the mere head of a party and rush on with the triamphant masses, trampling the prostrate down and distributing their wealth, fally conscions that this indulgence of the passions of party is the ruin of his coun- Orange, consider the whole people, and not a | party, and, doing his utmost to restrain the | savage excesses and revenges of the triumph- | ant host, try to moderate all and meke peace the people of this State last November con- demned the revolutionary course of Congress, aud that since the impeachment trial com- menced at nearly every local election the radi- cals have met with most disastrous defeats, Will he, a servant of the people, bend to the will of those who elevated him to the high po- sition he ocenpies, or will he yield to the clamors of party? This is a question which he will probably have to answer during the pre- | sent week, How will it be answered? Will he defy his constituency and vote for conviction, | in violation of every principle of law and | justice, or will he perform his duty to his State and vote for-acquittal? The political future of himself and his colleague rests upon this Will Mr. Morgan rise above partisan issue, \ possible and worth having? Should he choose | this wiser course his difficulties will deepen | in proportion as his purpose is pure. He will + have both parties as his enemies and assailants, resentative of the success achieved over them and as the man who tries to secure the legitimate resnit of that success, and buted by the for controlling — their fury and preventing the glut of their lust for revenge and spoil, And it is in vir- tue of these that Mr. Johnson, not loved by the Southern leaders, is so savagely hated, not on reason, bnt on instinct, hy the dominant party of the North, It is for | this that they would punish, if not the crimes he has commitied, then those he may commit. Sympathizing to the utmost with the great | struggle of the Northern people for the salva- | tion of the goverument, he saw the triumph of that struggle, bu! at the close saw that triumph threatening to degenerate into a mere vulgar fury of proscription and revenge, He stood | forward to save the canse, to eave the sucees® of the Northern people from the dishonor that conquerors reasons reprobates would bring. He was accused of | having gone ovtr to the South because he ' stood forth boldly as the protector of the people who had surrendered and thrown themselves with genexous confidence on the mercy of the { nation, Then the political cutthroats whom the President thus restrained raised the cry of impeachment, But there wag no evmoathy He will be hated by the conquered as the rep- | | considerations and sympathies, and, by per- forming a plain and imperative duty, insure | the success of that fature? | Loose Management of the National Hauks. The national banks are beginning to show | their contempt of law and to display a high-handed, independent conduct. It ap- pears that the Comptroller of the Onr- rency has been compelled to call upon the bank officers to perform their duty | according to the twenty-fifth jon of the National Bank act, which requires an ex- amination of their rities in the hands of the United States Treasurer, Hundreds of the banks have neglected this duty, and it appears they had some cause for the neglect in the in- | sufictency of their securities, They begin to | fear close scrutiny or supervision. These ore some of the first symptoms of rottenness which indicate # general smash whenever a financial crisis comes or whenever they may be called upon for specie payments. Like all great mo nopolies with vast privileges and profits, ¢hese banks become extravagant, speculative and reckless, They will soon demand an expausion menee power, will no doubt obtain it, This may float them along on the high tide of inile | tion for a time, but the bubble will burst in a few ‘years at farthest. The sooner Congress repeals the law creating these infamous mono- polies the better for the country. Knock the | props of Treasury support from under them, which they have no right to receive. and they will fall by their owa rottenaegs. tucky, although the main evidence against him was | power and authority to do; has sinned against | lease for ten months longer. This partially | explains the party necessity for his removal. ; But an immediate restoration of the thirty thousand federal offices into the hands of a | radical President, for a new distribution, is the | paramount consideration calling for Johnson's | expulsion, In his hands the bulk of this capital will be lost for radical electioneering purposes, whiskey rings and all, while if placed at the dispensation of ‘‘Old Ben Wade” it will be a gain of many milligns to the electioneering resources of the radical camp. If Senators Morgan and Conkting, for instance, have been among the most stringent of the radicals in the limitation of the evidence for the defendant, it is, perhaps, because they feel that without the assistance of the spoils of the New York Custom House, Post Office, &c., the fifty thousand democratic majority secured in this State last fall will be too much even for General Grant and Fenton combined to,overcome next November. ~ In this view the party pressure upon the | Senate, it is generally thought, must result in Andrew Johnson's eviction. What, then, after his removal, will be the first thing in order under “‘Old Ben Wade?” The appointment of a new Cabinet; and that ‘‘Old Ben” will have a new Cabinet from stem to stern cannot be doubted. He is very properly close mouthed upon this important subject, and though many desire to know no man can say what his preferences are in reference to .any of the executive departments. But still there are straws and feathers flitting about which show the drift of the wind. Among the seven im- peachment Managers of the House prosecution there are, we believe, at leasttwo or three can- didates for the Cabinet. That Massachussetts will come in for @ member under President Witte is morally certain, and her claim will be met, probably, with Butler for the State Depart- ment or Boutwell for the Treasury, The republican State authorities of Pennsylvania having filed their caveat in behalf of Stanton’s promotion, he at least will be retained in the War Office, unless, in view of a needful rest after his arduous and exhausting conflict with old General Thomas, he shall insist upon being relieved. In that case, with Senator Morgan for the Treasury, Butler may reach his long- coveted position of head of the War Office ; and for Southern radical negro reconstruction he will be difficult to supplant with President Wade. With Mr. Morgan as Secretary of the Treasury, Thurlow Weed and his lobby posse comitotus and his newspaper attachments will come into line again on accommodating terms, including the ‘‘Old Man's” consent to Greeley's appointment as Postmaster General. This compromise between Weed and Greeley on, the peace platform of the Custom House will be nothing remarkable after the unbottling of Butler by General Grant on this impeach- ment. In any event, before all these Cabinet positions are gobbled up we would again aub- mit to the favorable consideration of Mr. Wade the claims and qualifications of Greeley for the office of Postmaster General in a radical reconstruction of the administration. Greeley, in this office, would perhaps save to the do- partment four or five hundred dollars a year on mileage, two or three hundred on books, and a few hundreds at least in the exclusion of illegal franks from the mails, We opine, too, that in distributing his Post Offices he would not over- look the equal rights of his fellow citizens of African descent, although, from having turned his back upon women’s rights in the matter of suffrage, we suppose that the women postmis- tresses holding over from Andrew Johnsou would find but little favor from Massa Greeley. One thing is very clear: he is impatient for Johnson’s removal—so very eager for it that he must have a very big axe of his own to grind with the President od interim that is to be. We are, nevertheless, somewhat appre- hensive that the Loyal League, in the matter of that bail for Jeff Davis, will be apt to put in a damaging remonstrance with ‘Old Ben Wade.” At all events, before the end of next week, with Andrew Johnson’s removal, we may look out for a tremendous commotion over the spoils among the wrangling radicals at Washington, or, with Johnson's &cquittal, for a terrible explosion. | Murder in High Lite. The letter of our correspondent in Vienna, published yesterday, relates the history of two causes c'Rbr es, which, for the time being, have startled the community in Austria and Poland. In the one case a young baroness poisons a rival—a young countess—with the connivance of her victim’s husband, hoping to fill the place of the victim herself. This is no uncommon incident in the story of ill-dispensed love and criminal a+pirations for its fulfilment; but it is not often that it becomes the subject of conrt- room scenes, with a possible termination on the scaffold, where the parties concerned are of the noble order. In the courts of France and England and Austria and the United States, crimes springing from this cause do not tunfrequently command the attention of judges and juries and lawyers; bnt the accused usu- ally belong to the humbler classes. Vice, however, even when it assumes the hideous form of murder, is not a deadly inheritance solely bequeathed to the poor. In England there lias been the memorable case of the Earl ' of Ferrers, who expiated his offence upon the gallows, aod in France that of the Due de | Praslin, who murdered his wife. In this coun- j try we still remember with horror, mingled, ' perhaps, with surprise, the Webster and Parker and the Colt cases, and the sad story of Mar- ret Garrity, all deliberate enough and extra- ordinary enough to claim a place among the rouses celdbres of our tines. The second murder referred, to by our Vienna correspondent occurred lately in Cracow. ‘The criminal is a descendant. of Lone of the noblest families in Poland, whose progenitors fought for freedom side by side the condnet of fanatics would put upon it— | of their currency, and. considering their im | with Pulaski a hundred years ago, Into this from the disgrace that its abmse hy political | singilar case, too, cowardly and brutal as it wos, love entered ae the controlling instlga- tion of the crime. The murderer was poor and he loved a beautiful and wealthy girl, but | being without money the bars of hope were closed against him by an inexorable father. To obtain the means to achieve bis object he planned 9 foul deed—the murder of » poor, heloleas widaw. and aneceeded in desvatching and | that he has done, in the way of “high crimes | demned to eighteen years’ penal servitude. The trial of the Baroness Julie Von Eber- | to come. off in Vienna, and her accomplice, Count Chorinsky, will be tried at Munich. | It is some time since the criminal courts of Europe have been engaged in murder aie) where members of the nobility figured as the | chief actors. Impeachment as a Political Necessity—Ben Wade's Policy. The statement that impeachment is a neces- sity to the republican party has more signifi- cance than many who are in the habit of making it, or hearing it, may suppose. The removal of Andrew Johnson and the installa- tion of Ben Wade in his place are vital to the existence of republicanism asa political organ- ization; for without full possession of the entire machinery of the government, and un- restricted power to carry out a certain line of policy, it is doubtful whether the party.could hold together until the next general election. The secret motive that more than any other underlies impeachment is the conviction that the country is on the eve of a tremendous re- vulsion, which, unless averted, is certain to bring down our financial and commercial systems in ruins, and to bury beneath them the men who are responsible for the existing con- dition of affairs. The war brought about an entire change in our habits as a com- mercial people, inducing an eager desire for the rapid accumulation of wealth and a -recklessness in speculation and expenditure unknown before, even in this country.: Since the close of the rebellion we have been con- tinuing on at s high pressure speed, increasing the burden of debt and taxation and keeping up our military and other governmental. ex- penses on a war footing, while the Southern States remain disorganized and shut out from the nation as a source of commercial wealth. It is evident that the reaction, which is inevi- table sooner or later, cannot be much longer postponed, and there are unmistakable signs, in the recent convulsions in railroad and other stocks, of an approaching panic, which, if not checked, will bring about a great political revolution, resulting in the entire overthrow of the republican party. It is to meet and avert this danger that Johnson is to be deposed, so that, with one of their own number in the Executive office and a large majority in both honses of Congress, a policy may be carried out by the republicans based upon the principles of the famous speech of Ben Wade in the West last year. We should not be surprised if the gfirst act would be to flood the currency by the immediate issue of one hundred million dollars through the national banks. The promise of a return to specie payments by-the republican party is in the same category with the promises of the Kingdom of Heaven made by the missionaries to those converts who are prompt in the settlement of their tithes, The first increase of # hundred million of new paper will only be a drop in the bucket, and will be followed by further inflation as the ne- cessities of the party may require, It will, however, at the start: carry with it a specula- tive credit of eight hundred millions, under the influence of which all manner of land schemes, railroad projects and every con- ceivable means of investment and profit will receive a tremendous impetus. The age of iron, the golden age and the age of brass, will be followed by the age of national bank rags, and there will. be an expansion of credit all over the country such as the world has never yet witnessed. In Eng- land and France the government banks hold a check upon financial affairs; but with us there is no such restraining power, and with a Congress fostering all the most extravagant schemes and jobs, and with an Executive whose agrarian principles are well known, we shall have a perfect saturnalia of credit and speculation. Stocks will rise to a fabulous price and the wildest projects will find ready adherents. Thus the financial crisis which is now nearly upon us will be driven off to a future period, a fictitious ‘prosperity will amuse the people and distract their thoughts from the political troubles of the times, and the election will be carried in a whirl and tempest of excitement. As a matter of course the crash will come at last. The property that has been produced in the progress of the expansion policy will remain, but, a8 we said in 1837, it willbe “ run- ning about all over the country trying to find its owners.” Prices will fall with fear- ful suddenness and the revulsion will be tremendous. All the banks, railroads, tele- graph lites, express and other stock com- panies will break down, and their shares will be purchased at ten cents on the dollar. The men who are to be instrumental now in bring- ing upon us the era of inflation and expansion will have the inside track, and, possessing the knowledge of the moment when the panic will fall upon the country, will avail themselves of it, escape from the ruins and bny up all the railroads and other property of the country for amere song, So that they will not only suc- ceed now in driving off the hour of their political downfall for another Presidential term, but will eventually get into their own hands the bulk of the material wealth of the nation, This is the real object of impeach- ment, and this the political necessity which obliges the republican party to rid itself of honest Andy Johnson. Senavor CoNKLING AND THE IMPEACHMENT QveEstiox.—How will Mr. Conkling vote on the impeachment question ? This is what the people of the State of New York wantito know. Will he be carried away from a plain sense of, justice and decency in voting President Johnson guilty for party purposes, when there is not the flimsiest pretext for the trashy and, ridiculous charges? Mr. Conkling has been qegarded as a man of high character, ‘a highytoned young man,” a4 we have heard it and Mra, Cady Stanton says he is the handsomest man in the Senate. Will he destroy this high character — ar en Our Latest Mexican News. In yesterday’s Huraxp we publish a special telegram relative to the actual condition of affairs in the Mexican republic, The only thing which is not new is the only thing whick is interesting, and that is that Mexico remains justly won, Chronic revolution is as predica- ble of Mexico now as it has been any time since the year 1810. Party has succeeded party in the government. of that country with arapidity which has had no parallel in the history of nations. From Yturbide to Maxi- milian and Jaurezeach new party has promised the country salvation, but salvation seems more hopeless now ‘than ever. Maximilian, we were told, was the only barrier in the way of peace and prosperity. Maximilian, as we thought and still think, was very unnecessarily pat to death ; but while the republic is still im peril anarchy thrives more and more, The government of Juarez has shown itself utterly incompetent to grapple with ‘the revolution, and the presumption justified by our latest news is that certain States in the Northwest will secede, and either form themselves into » separate and independent republic or seek an- nexation tothe United States. Matters are little better so near the Mexican capital than at, Vera Cruz and La Puebla. The end canno be far off when rebellion is everywhere. Gormany. In the Heraup of yesterday we published » series of letters illustrative of the state of affairs in Germany. The Berlin and Frankfort letters were specially interesting, The King’s birthday, which was held on Sunday, March 22, had been more than usually festive and bril- liant. Prussia, like the rest of Europe, has been tickled and somewhat perplexed by ourf grand impeachment farce. The comparative indifference with which the American people witness proceedings which would shake to ita foundations every State in Europe they cannot understand. If this trial be got over fully, as it doubtless will, we shall be by them as the most wondrous people on tie face of the earth. Severe and even mercilesq criticisms had appeared in the Berlin journald on the Napoleonic pamphlet. The enéentd cordiate between France and Prussia was sup; posed to be somewhat aided by the recent of Prince Napoleon to Berlin; but from 4 general treatment of the Emperor's pamphlet, as well as from other causes, it was manifest that Prussia did not.mean to court France more than was necessary. At Frankfort American residents were not quite satisfied with the new, naturalization treaty which Mr. Bancroft had just concluded. The elections for the Zollve-+ rein, which were just going on, were giving evi- dence that the different States of Southerm Germany were not quite disposed . to yield up their rights entirely in the interest of Prussians American bonds were fiat on the Frankfort Bourse in consequence of the action’ taken by certain conventions in favor of paying the debt in greenbacks. All over Germany prepara- tions were going on for a large emigration is: the spring. , [Important News from Abyssinia. By special cable telegram from London, dated yesterday, we learn that the correspond- ent of the Hrraxp attached to the British ex~ pedition in Abyssinia had just announced, by letter and telegraph despatches, the highly im- portant intelligence that Major General Na- pier, after passing Lake Ashangi by some few days’ march, ordered a dash in force on the defensive works of Theodorus at Magdala, and that the assault was made by British troopa; equipped in light marching order, some short time subsequent to the 19th of March. Our advices from Zoulla. of the 2d of April report that the result of the movement was then unknown, in consequence of a break which occurred in the field telegraph near the army post at Senafe interrupting communica- tion between the troops and the shore. The receipt of this news will agitate England deeply, particularly so long ‘as the people are uninformed as to the conseqnences of the attack. It is probable Napier has triumphed, but the break in the telegraph, just at a .mo- ment of such consequence, invites a doubt, to say the least, of any important success. Should he have failed or sustained a decided repulse at the hands of the negroes it may pro- duce very decided and immediate consequences on the fate of the Disraeli-Derby Cabinet, the Abyssinian war not having been very popular in Great Britain at any time. Tre Treasury Gorp Sares.—The sélling of gold by the Treasury Department is a nice plum for three or four favored banking and stock firms in this city. Three of these houses alone have sold within six weeks over ten millions of gold. The percentage for making the sales amounts to.a large sum, but the amount that may be and no doubt is real- ized from a knowledge of what is going to-be sold, and from the opportunities afforded for controlling the market, must be in the course: of @ year enormous. It is well for Jay Cooke & Co. and the other firms to be in favor with Mr. McCulloch. Now this is all wrong. There ought to be no favoritism nor secrecy. The gold should be sold publicly, and public an- nouncement should be made previously, and all through the Treasury Department direct. No agency is needed. There is no necessity to pay any commission, and the greatest com- petition showld be invited through the pub- licity of proposed sales. The Treasury Depart- ment, like every other department of the government, is conducted upon the job prim. ciple and through favoritism. Tre Ere But, Paesep.—The Assembly yesterday, by a vate of 101 to 5, passed the! Frie Railway bill.in the same shape in which it passed the Sennte. A report was current at Albany that a compromise had been effected between Vanderbilt and Drew, and it is said that the Assembly and the lobby were heartily disgusted with the sudden termination of a fight that seerhed to promise such rich spoils to the camp followers. The rumor in respect to the. scttlem sat of the quarrel between the rival railroads, however, lacks confirmation. The villas passed is a good measure, and will, no doutt, speedily receive the Governor's sigaa- and blast his fature prospects by an iniquitous party vote againgt the President, when there is not a shadow of proof that the President ie guilly? If he-should be blind to justice in the case, let him/remember.that « large majority of the citizengof this State are against the whole, wicked proceedings, and will surety oalt bit, to accoun ‘hereafter, F ture “and become a law. Serve 1x Duvtey, Mass.—The wife of Danict Py ted suicide last 4 Pee Jaight. She retired wit as seireard gm a uentn anatang $n ezine She was about ‘ y 4