The New York Herald Newspaper, October 3, 1868, Page 6

6 NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT. PROPRIETOR All business or news letter and telegraphic despatches must be addressed New York Herat. Letters and packages should be properly sealed, Rejected communications will not be re- turned. Volume XXXII. AMUSEMENTS THIS EVENING. BROADWAY THEATRE. dway—Tur New Dama ov L'Auime. Matinee at 13g. NIBLO'S GARDEN, Broadway--BaraMan'’s OPERA BOUFFR—BARbE BLEUE, WALLACK’S THEATRE, Brondway and Ith etreeti— S1M0N BERNARD—Dzaure THAN Live. BOWERY THEATRE, Bowery.—A Dax Hour Br- vorE Day--Forgst oF Bonpy. NEW YORK THEATRE, Lroadway.—Lasr NiguTs oF Four Piay. Matinee, OLYMPIC THEATRE, Rrowiway.-Hourry Dumerr, with NEW FEATURES. Matineo at 1. BRYANTS' OPERA HOUSE, Tammany Building, Mth @reot,—ETHIOPIAN MINSTRELSY, &0., LUOBETIA BOwGIA, KELLY & LEON'S MINSTRELS, 720 Brondway.—E7 mio PIAN MINGTRZLSY, BURLESQUE, &0.—Bannne BLU. SAN FRANCISCO MINSTRELS, 885 Brostway.—ETuI0- PLAN ENTERTAINMENTS, SINGING, DANCING, ec, TONY PASTOR'S OPERA HOUSE 201 Bowery.—Com1o Vooa.ism, NEGRO MINGTRELSY, dc, Matinee, THEATRE COMIONE. 514 Broadway.-Tar Gurat Ont GINAL LINGARD AND VAUDEVILLE COMPANY. Matinee, WOOD'S MUSEUM AND THEATRE, Thirtioth street and Broadway.—Afternoon and evening Performance. DODWORTH HATH, 808 Broadway.—Tum CELEBRATED S1GNoR Burrz, Matinee at 2 PIKE'S MUSIC HALL, 384 atrest, corner of Bighth avenue —McEVvoy's HIZERNIcoN. Matinee. CENTRAL PARK GARDEN, renth avenue.—THEO. Tuomas’ Porutan GanpEN Co: eRT. IRVING HALL, Irving pl Finst GRanp Conoznr. —Hauny SANDERSON'S MRS. F. B, COV'VAY'S PARK THEATRE, Brooklyn.— DAMON AND PyTaias—B YED SUBAN. HOOLEV’S OPERA HO MINSTRELS—MASSA-NIBL GREAT WESTERN CIRCUS, Yorkville.—EQursTatan AND GYMNASIIO ENTRRTALNMENT. Brooklyn. —HooLry's THR BLACK Foust. NEW YORK M'ISEUM OF ANATOMY, 613 Broadway. BorENor AND Ant. SHEET. New York, Saturday, October 3, 1868. THE NIwWws. EUROPE. ‘The news report by the Atlantic cable is dated yes- day evening, October 2, te The Spanish people were engaged in electing a Constituent Assembly. Perfect order prevailed. ‘The members of the provisional government acted in complete accord. Prim was in Catalonia. The Bour- ‘ons were officially deposed, French reports indl- cate a variance between the regular troops under Serrano and the National Guard. A federal republi- can government was demanded by a portion of the People. Minister Johnson and Lord Stanley are to be en tertaimed by the Liverpool Chamber of Commerce. Eleven persons were killed by a colliery explosion in Wales. The North German government has ar- ranged a marine money order plan for the accom- modation of emigrants in and going to America, Italy has appointed a Minister to Mexico, who will represent France also. Consols, 94%, money; five-twenties, 744; in Lon- don and 76% a 76% in Frankfort, Paris Bourse de- clined. | |. Session yesterday, NEW YORK HERALD, SATURDAY, OCTOBER 3, 1868—TRIPLE SHEET. telegraphic instructions respiting two mon who were to have been been hanged yesterday at that place, Was so very undecided as to whether h> should consider telegraphic instructions legal that he would probably have hanged the condemp22 i0n anyhow but for the Spportune arrival of 2 pilitary omcer whe Ore & D>eunptory order for their res- Pil® "They win probably be hanged on Friday next. A horse disease has become epidemic in Suffolk county and the western end of Long Island. Several Yalnable animals have died of it lately. Twenty-one Baltimore roughs were arrested in Philadelphia yesterday on a charge of trying to be illegally assessed as voters, A rule has been applted for in the Supreme Court against Prothonotary Snowden for an investization into the ailezed tasue of naturalization papers in blank, ‘The trial of Martin, the alleged defaulter of the Hide and Leather National Bank of Boston, com- menced yesterday. The prisoner is accused of ateal- ing $500,000 and acknowledges to a deficit of $180,000, ‘The Gamble poisoning case was resumed at Nanuet, Rockland county, yesterday. Miss Julia Maguire, the friend of Mrs. Gample, who occasionally visited her, concluded her testimony, and was subjected to a close cross-examination, Nothing of much import- ance was clictted, ‘The trial of John Doran for the murder of Elen Hicks at Throgg’s Neck in Angust, 1866, was continued in the Westchester Oyer and Terminer at White Plains yesterday. ‘The case for both'the prosecution and defence was closed, and Mr, McKeon commenca an elaborate summing up argament for the de- fence, which was continued until night had far ad- vanced, THE CITY. The Episcopal Diocesan Convention continued tts A resolution directing the trea- surera of the funds reporting to the Convention to Place the money at interest in a trusty bank was adopted. The question of a Federate Council was then (discussed. The committee submitted a plan Cotton buoyant in Liverpool, with middling up- lands at 104d. Breadstuffs dull. Provisions firm. MISCELLANEOUS. By the Atlantic cable we have later news from the Paraguayan war. Caxias, witha column of allied troops, was marching on Tebicuari, intending to make an linmediate assault. Lopez was reported to have left with his troops for Cerroleon. Timbo had deen abandoned by its garrison after a bombard- ment of five days. The great demonstration intended to welcome Major General McClellan on his return bome, after four years’ travel in Europe, came off with consid- erable eect and eciat last eveniag. Great prepara- tions had been made for the occasion, and a large proportion of our citizens—especially those of a dem- ocratic stripe—were for some days past on the tip toe of expectation in anticipation of the event, The affair came otf in front of the Fifth Avenue Hotel, before which, and spreading away on either side, had gathered an immense concourse of people, numbering from ten to twelve thousand. About nine o’siock the General presented him- self on the balcony, and being introduced was greeted with a great burst of popular ap- plause. He addressed to them a few words only, thanking them for the kind and cordial welcome they extended to him. The procession then began to march, occupying about half an hour in passing. ‘When the rear of the procession had paased one of the Marsha’s of the evening thanked the assemblage on behalf of General MoCiellan for their kind welcome and called for three cheers for the hero of the evening. These were given with a will, the Gen- eral retired and the people quietly dispersed. The “boys in blue” turned out tn a grand proces- sion in Philadelphia yesterday, Immense delega- tions from all parts of the Union were present and Swelled the throng until the wide streets of Phila- Geiphia for block after biock were filled with an en- thusiastic crowd. Among the distinguished officers present weie Governor Geary, Generals Burnside, Pleasanton, Baroum, Kilpatrick and others, many of ‘whom marched in the line with the privates. The route was lined with flags and spectators crowded every available space that would admit of a view of the procession. At night a grand torchlight proces- sion took place, and speeches were delivered in frout of the Union League Hall by Governor Geary, Gen- eral Sickles and others to a crowd numbering at east 50,000 persons. fion. K. B, Washburne, Chairman of the House Committee on Appropriations, has been making an investigation of the receipts and expenditures of the general government, His report, just published, places the probable receipts from customs for the current fiscal year at at least, $165,000,000, the re esipts for the same period from internal revenue at $60,000,000 and from miscellaneous sources fat $45,000,000—making & grand total of $370,000,000, ‘The decrease in the expenditures,’ by reduction of the interest account, abolition of the Freedmens Bureau, reduction of the army, the end of recon- struction and other items is estimated at $41,500,000. This, deducted from last year's expenses, which were augmented by the payment of the Alaska money, increased pensions and ® Post Office defi- ciency indicate a maximum expenditure of $3903,000,000—thus leaving @ surplus over the ex- penditures of $67,000,000, ‘The Treasury Department has put forth, semt- officially, a document exposing erroneous statistics in Director Deimar's recent statement. It claims that Mr. Delnrar fatied to include a cash balance of {$103,000,000 on hand in June. The pubic debt state- ment for September, it is said, will show an increase in the debt of $4,000,000, In Martinsbag, Mo., on Wednesday, s party of ex- febels assaulted the members of the Registering Board and @ desperate confict ensued. Two of the ex-rebels were killed. The registering oMcers then surrendered to the authorities. On Thursday a band of about forty returned rebels entered Martinsburg for the purpose of taking vengeance on the regis- fering officers, but the citizens prevented them from @ocomplishing their purpose. The Sheri of Porumoath, Ve, who bad received one section of which gives fall power to such coun- cil or synodical union in all matters pertaining to the common interests of the proposed dioceses in this State and to enact all laws necessary thereto. This section elicited considerable debate and it was stricken out. The plan was then agreed to, and it was resolved to present it at the General Conven- tion, The Convention then adjourned. Another singular and daring robbery was perpe- trated in Wall street yesterday. A gentlemanly looking man entered the office of Philip Dater & Co, and asked to see a directory. While he was exa- mining the directory Mr. Dater placed $10,000 in bonds tn'the drawer of @ desk near at hand. The stranger then entered into conversation with Mr, Dater, and passed out of the oMice with him. He soon returned, however, and asked again to seo the directory, which he recelved at the identical desk where the bonds were placed. He again withdrew with @ nonchalant air after a quiet examination of the directory, and the $10,000 bonds went with him. At a meeting of Irishmen in the Seventh ward last night, after some confusion and want of har- mony, resolutions were ‘adopted favoring the nomination of George Francis Train for Congress. ‘There were 348 foreigners naturalized in this clty yeaterflay. ‘The Black Star line steamship Huntsville, Captain Crowell, will leave pler No. 13 North river at three o'clock P. M. to-day for Savannah, Ga, The Steamship George Cromwell, Captain Vaill, will leave pier No.9 North river at three o'clock P. M. to-day for New Orleans. The steamer Flag, Oaptain Hoffman, leaves pier No, 29 North river at three o'clock P. M. to-day for Fernandina, Fla. ‘The steamship Champion, Captain M. 8. Woodhull, will leave pier No, 5 North river at three o'clock P. M. to-day for Charleston, ‘The steamship San Jacinto, Captain Atkins, wil! satl from pier No. 83 North river at three o'clook P. M. to-day for Savannah, The stock market was firm yesterday. Govern- ment securities were strong. Gold closed at 140% a 140%. aaa ts Soon ase China and the United States=Tone of the British Press. Althongh the Chinese Embassy seems to have a quiet time in London, and though no official action with regard to the object of the mission has been takon, as far as we know, the British press continues to growl in a piteous and jealous manner. This is shown in the long, carefully studied and labored article we published yesterday from the London Z'imes. There are two things relative to this Embassy and the policy it has inaugurated which are particularly obnoxious—namely, the appoint- ment ofan American citizon by the Chinose government as chief ambassador in this, the most important mission that ever left the em- pire, and the supplementary treaty which has first been made with the United States, that re- verses the long established and dearly cher- ished British policy in the East and towards China, The article referred to—and that, it may be said, represents pretty correctly the sentimenis of all the old India and China mer- chants, as well as of a large party in England— takes a review of tho treaty relations all through between Great Britain and the Ohi- nese empire, and shows clearly that the uni- form policy of the British has been ono of force—a gunpowder policy—and that China has invariably been whipped into submission. Yet, strange to say, after recounting all this history of coercion by brute force and of treat- ing the Chinese, like all the other Asiatics, as having no national rights which Europeans were bound to respect, we are naively told that England has been wonderfully forbearing and kind. More than that, this is urged as a rea- son why the Chinese government ought not to have treated England so coldly in preferring an American instead of an Englishman for its envoy and in making a treaty first with the United States. What ingratitude for the le- niency, disinterestedness and humanity of the British! But the Chinese did not view the matter in that light. They had a vivid remombrance of British dictation in their own affairs, of British assumption, of British cannon and of the whole conduct of the British in subjugating a large portion of Asia. They have never ceased to fear (and not without reason) that the fate of India might be their fate and that the English policy of aggression step by step upon their soil and national rights was intended to produce ultimately the same rosult as had been produced in Hindostan. They have fully un- derstood that the caresses of the Britis: lion are dangerous and end in the victim being de - voured. Both their own history and that of India taught them to doubt the English and to look elsewhere for friends. Casting their eyes over the Pacific Ocean they saw « mighty nation which did not want to make conquests in Asia, which respected the principles of national independence, of self-government and the integrity of nations. They saw, too, that this country was comparatively a near noigh- bor and that in ite rapid progress it must soon have the largest commercial relations with themselves. had already stretched out her hand to China, and o steamship line connected the two Continents. The Chinese are a sagacious people, and they could not help seeing that the future relations with America must be of the widest and most important cha- racter. What more natural, thon, undor all these ciroumstanoes. than that the government at Pekin should seok the friendship of the United States? What more natural than that {ft ghould offer the high 1 position f ambassador to Mr. Burlingame, an Americau citizen who, a3 Minister from his own country, had shown great ability and the best disposition toward China? Under the or. cumstances it was neces3®Tf “to jake an Amorioan or 4 Europea Zor the mission, there being no Qhinaman sufficiently instructed in such matters abroad, Had Sir Frederick Bruce, the former British Minister, boen in China at the time he might have been offered the honor; for he, like Mr. Burlingame, was a friend of China and favored the new policy re- specting the national right# of the Chinese and the integrity of their great empire. We say, then, it was natural that Mr. Burlingame should be offered the position of envoy and that he should come here first to make a treaty. This jealousy on the part of the British with regard to America is as puerile as it is futile. The destiny of this country with regard to its power and commerce on and across the Pacific can- not be arrosted by Great Britain or any other nation. We shall march with giant strides to fulfil that destiny, and though England bas at present by far the largest trade with China it will not be long before we shall oceupy that position. In a year or two the Pacific Rail- roads will span the Continent; then there will be several steamsbip lines across the Pacific Ocean, with telegraphic communication to China and Japan. All this will be only the work ofa few years, and whon accomplished the vast trade of Eastern Asia will be turned to and across the American Continent. The United States must, in the natural course of events, become the centre of the world and will con- trol the destiny of China, Japan and other parta of the Asiatic Continent facing the Pa- cific Ocean. It will not be, however, by force of arms, but by the power of commerce and ideas. Ifany conflict should come in the fu- ture between any of the great Powers for su- premacy or influence over the trade or in- terests of that part of the world it is more likely to be. botween Russia and the United States, though the two nations now are so friendly. The destiny of Russia is eastward and ours westward, and we shall meet in time. Russia is continually marching onward in that direction, as we see by her conquests in Bokhara and other parts of Eastern Asia and by her significant refusal to ratify the treaty mado by General Von Kaufman with the Emir of Bokhara. But with regard to the jealousy of England relative to our relations and influence with China at the present time or in the im- mediate future, it will not be wise for her to make a quarrel or to throw herself offensively in our path, for we can seize and hold the Canadas and all the British possessions on this Continent with little difficulty. Then, after doing that and becoming a continental empire, our power and influence would still be as great or greater across the Pacific Ocean and over Eastern Asia, Treasury Cortaption—The President’s Duty. There is just and widespread indignation felt, not only in Wall streot, but among the business public generally at the conduct of the Secretary of the Treasury and the Assistant Treasurer in selling gold and five-twenties at the present critical juncture in the money market, when it is being made artificially strin- gent by a strong combination of gold and stock speculators, whose object is to create panic. The unanimous opinion of disinterested and reputable men in the financial community is that Messrs, McCulloch and Van Dyck have acted as the mere tools of this stock jobbing, gold-gambling combination, and have, thera- fore, abused tho trust confided to them and proved themselves unworthy of thelr position. This is a grave suspicion, but all the circum- stances of the case go to prove that it is well founded. Moreover, it is not the first timo that they have played into the hands of bull and bear combinations in gold and stocks and brought scandal upon the department. It is, therefore, high time that such a gross abuse should be stopped and that stockjobbers and gold gamblers should cease to control the ad- ministration and resources of the Treasury, We therefore call upon the President to act promptly in this matter by suspending Mr. MoCulloch and Mr. Van Dyck from office and ordering an immediate investigation into the affairs of the Treasary. They are evidently using their official position to promote their interests as stockjobbers and gold speculators, regardless of the injury they may inflict upon the public, and as such they are a disgrace to the government. It has been rumored of late that gold has been borrowed from the Sub-Treasury by prominent bear speculators for purposes best known to themselves, and although we do not vouch for the truth of the report it calls for investigation. The monetary stringency in Wall street was so great yesterday that a quarter per cent per diem was paid for loans, and but for the secret aid of the Treasury this would have been impossible. The question is asked, why did not Mr. McCulloch sell gold when the premium was ten per cent higher and the money market was beyond the reach of disturbance, and why, if he had five-twenties to sell, he did not pursue a similar course? How far the blame rests upon the Assistant Treasurer we cannot say; but as Mr. McCul- loch is the responsible head of the department he must bear the odium of all that has occurred, and the President should not shrink from the performance of his duty in suspending him on account of any morely personal considerations. ‘The public service requires that it should be done, and that whatever corruption there is in the department should be laid bare by an investigating committee, Anotuze Raitway Warn.—The Erie and New York Central Railway companies have just inaugurated a spirited contest by reduc- ing their rates of freight through to Chicago to forty cents per hundred pounds, or eight dol- lars per ton, the reduction averaging about & hundred and fifty per cent on the rates pre- viously charged. The longer this contest lasts the better for the public, but the worse for the railways. The Pennsylvania Central has also reduced its rates correspondingly. Conrounp tHe Heraty.—A gentleman called on one of our department clerks yester- day to order the paper. He said, ‘‘Confound the Haratn; Ihave stopped it six times on account of its politics, and now I have to order it again.” Southern Democratic Leaders in New York. Somo time since it was announced with con- siderable flourish of trumpets that a number of Southern agmocratic leaders would visit the Nort, ror the ™ pose of taking the sty ia | £*>r of Seymour and Blair, We have geon the announcement of the arrival of several of these distinguished gentlemen in our city, in- cluding that of Howell Cobb, Ben Hill, Gover- nor Vance, General Gordon and several others, and it is not impossible that Brigadier Bob Toombs is lodged somewhere among us, as when last heard from in Georgia he was: packing his carpet bag for a trip North, These Southern leaders have been hospitably treated by our democratic and other sympathizing magnates. They have had the entrée to the society of our democratic nabobs and mil- lionnaires. They have been dined and wined, lionized and lacqueyized, Manhattanizod and Tammapnyized, and been made the recipients of a genuine welcome at the hands of our most venerated and opulent and aristocratic Knicker- bocker families, to say nothing of ‘the “shent- per-shent” democratic sristoeracy of a later growth, All this is very well so far as it goes, It is well for the city of New York to main- tain her reputation as the most hospitable, as it is fast becoming the most magnificent and prosperous, city in the world. It is well that any of onr unfortunate fellow countrymen of the South have boen made to enjoy this warm and gorgeous sociality, But what did these Southern gentlemen come ‘here for? Was it only to be feasted and toasted, courted and smirked upon? or was it to lay before the people of the North, in their own burning Southern tongue, descriptions of the wrongs and outrages the South is at this moment laboring under, and to appeal to the justice, the honor, the magnanimity of the great people of the North for relief therefrom? We believe they came here to adopt the latter course, and that they have not followed it is because they have been advised to the con- trary by the weak-kneed, sordid and selfish managers of the democratic party here. Are they afraid to make speeches? To be so would be mean and cowardly, entirely un- worthy the chivalric reputation of every born Southern gentleman. That Grant will be the next President every Southerner who has examined the question must admit. All they can say, then, will not alter the final result; and it is higher, nobler, purer, more honorable and dignified for these Southern leaders to boldly proclaim their principles and views than to surrender them without an effort and allow them to be covered forever, perhaps, with the shroud of oblivion. We tell them, thon, that they should talk to our Northern people, proclaim their sentiments, and within eight years, now that slavery has gone up forever, we venture to predict they will see them prevail and them- selves the managers of the government. South- ern leaders like Wade Hampton, Forrest, Vance, Bon Hill, Howell Cobb, Toombs, A. H. Stephens, General Gordon and a host of others, must have settled in their own minds that they cannot expect to be victorious the present campaign. They should be and no doubt are now making arrangements for the future, shaping their coming policy, healing ruptures, cementing friendships, re-establishing their credit at home and abroad, organizing victory, making success a duty, and otherwise pre- paring for a grand constitutional triumph that is bound to come sooner or later. But let these leaders come out and state what they mean. Every man has a right to attempt to revolutionize a governmont in a consti- tutional way. In our government at the present time the officeholders, bond- holders, placo-seekers and oontract-plun- derers and jobbers manage things pretty much their own way. They elect a man to secure the spoils. But in this age of progress, with the vast changes in the commercial, social, moral, political and material condition of our country constantly occurring, it is the part of wisdom for all parties, both North and South, to help along the work of constitu- tional improvement and mako the greatness of the nation keep pace with the grandeur of passing events. Whatever changes in tho government may be necessary to accom- plish this end can be secured in a consti- tutional and, we believe, a peaceful way. The South can lead off in this spleadid movement. They can unfurl their banners even now, and with the intense opposition that exists in the North to one hideous radical idea—the policy of negro supremacy, which is an outrage alike upon the laws of God and man—they can open a campaign which must meet a hearty co-ope- ration among the masses of the peopl of the North and eventuate in thoir triumphant and constitutional restoration to the reins of the government of the nation The Paragesyan War--Vrospocts of Peace. The announcement by Atlantic cable from Paris to the effect that the new Prosident of the Argentine Confederation, Colonel Domingo F. Sarmiento, “has proposed negotiations for peace between Brazil and Paraguay” will be hailed with joy all over this Continent. We must, however, call attention to the wording of the news. The propositions are ‘‘for peace between Brazil and Paraguay.” Can it be that President Sarmiento no longer recognizes his own country and Uruguay as parties to the war? Ifthe official wording of the proposi- tions is like that of the cablo despatch we must take the fact as @ hint that the new Ar- gentine administration means to leave Brazil to fight her own battles. Such a course would be natural for a statesman like President Sarmi- ento, who fully understands the secrets of this war and has studied the needs and the in- terests of republican government in the New World. His long residence as Minister at Washington has also given him « chance to understand the,policy an@ interests of the United States. The Paraguayan war should be stopped at once, and our government ought to encourage and support the efforts made by President Sarmiento to have peace restored as speedily as possible. It is highly favorable for the mission of General McMahon to the Rio de le Pista that such # man as Colonel Sarmiento should preside over the destinies of the Argen- tine Confederation, and under the manage- ment of two such mon the policy of peace must prevail. Should the Argentine Confode- —E————— CC ration back out of the war at this juncture Brazil would have to come at once to terms. She could not fight Paraguay and the Argen- tine republic, Sooner than do that she would ‘make any terms and trust to time and her own money for a revalutioney” change in the government of the La Tiata republics. But now that the insurrections in Spain virtually leave the west coast republics'free, the pro- babilities aro that Brazil will have the whole southern half of our Continent arrayed against her. Theanimus against republicanism which the empire displayed in making the treaty of alliance May 1, 1865, will prompt the great majority of South Americans to work for the overthrow of imperialism in Brazil. Napoleon and the Spanish Revolution. It now begins to be manifest that the Spanish revolution, which by its unparalleled success has surprised the world, has not been much of a surprise to the astute, ever-watchful and far-seeing ruler of Franca, It might be unjust to say that the revolution has in any sense been brought about by his influence; but we are not now without good reason for believing that the Emperor has been kept thoroughly posted on the actual condition of Spain, that he knew what was coming and that he had made his arrangements accord- ingly. His unwillingness to see Isabella was no doubt owipg to the fact that he was fully aware of the hopelessness of her condi- tion. His consenting to seo her at last was a simple act of courtesy which had become unavoidable in the circumstances, but which had no political significance. It is natural enough to suppose that he had to listen to the Queen's earnest entreaties for counsel and aid, but it is not conceivable that he promised herany help. Queen Isabella has found an asylum in France, and this is, perhaps, all that the Emperor meant to give her. That this Spanish affair has turned up opportunely for Napoleon there can be no manner of doubt. The anti-Prussian feeling had become so strong that it would not much longer with safety have been held incheck. The enthusiasm of the army which, both at Chalons and Lannemezan, found expression in such language as ‘‘Vive la guerre,”*‘‘Au Rhin,” must, in the absence of some such excitement as that which has now come to the Emperor's aid, have rendered war ao necessity. As we have no good reason to believe that Napoleon desired war we can only regard this Spanish uprising as an evidence of his superior foresight or as a proof that the fates have not yet deserted him. It is a fact that the situation in Europe is com- pletely changed, and that the probability of a Franco-Prussian war is no longer a question of the hour. The public mind of France will for some time to come be.sufficiently occupied with the progress of events in Spain to make the Rhine boundary a subordinate question, The game of diplomacy will take precedence of the game of war. What Napoleon means to dois, of course, the question which is now uppermost in every mind. It is, we think, now clearly manifest that he will not interfere by force of arms, at least for the present. The news which we give this morning shows that tho movement inakes steady progress, although French re- ports say that there is already a slight variance between the regular army under Serrano and the National Guard. The sup- porters of Queen Isabella are nowhere, and steps have already been taken to hasten the election of a Constituent Assembly, on the members of which will devolve tho duty of determining the nature ond character of the future government of Spain. That French influence will be active in Spain during the elections, and that the same influ- ence will be brought powerfully to bear on the Assembly when it proceeds to business, there cannot be the slightest doubt. We have no hesitation in saying that Napoleon is already almost, if not entirely, the master of the situa- tion, and we may rest assured that no effort will be spared so to direct the revolution that it will result permanently to the advantage of the Bonaparte dynasty. Who will be the successor of Queen Isabella is as yet a dark question. Spain, should she persist in rejecting a republic, which now appears uncertain, will have her choice of the idle princes of Europe, and there are plenty of them. Her election will seem to be free and unfettered, but it will surprise us if the elected chief of Spain does not prove to be a devoted friend of Napoleon. It only requires this to place Napoleon at the head of the Latin race in Enrope. It requires this to make his dynasty secure. He has gained much by the dethronement of Isabella, for the Bourbons now are throneless all, He will have gained more if her successor is a man after his own heart. Goneral Grants Position and Policy. Some of the political philosophers, in view of General Grant's election, ere beginning to speculate upon the policy of his administration. Woe have no misgivings on that subject. We expect a sound, pacific, conservative, economi- cal and withal a progressive policy from Gen- eral Grant. His character and bis antecedents as a public man, military and civil, and his position, as generally recognized and accepted by the people, all justify that universal confi- dence which prevails in regard to his admin- istration of the general government. His financial policy, we doubt not, will be marked by very important and very extensive re- forms in the collections and disbursements of the public revenues, resulting in great savings to the Treasury and in the rapid appreciation of greenbacks to the gold standard. In his reconstruction policy we predict that he will be guided by the landmarks of the constitution and not by the visionary and revolutionary ideas and schemes of the radical faction or of any fanatics North or South. We expect that his foreign policy will put the United States positively and authoritatively foremost in the front rank of the great Powers of the earth, and that it will inclade a very decisive settle- ment of the Mexican question. As in the war, the cool head, the solid good sense and remark- able practical mind of General Grant placed him alongside the greatest military geniuses of modern or ancient times, so in his civil admin- istration of the affairs of the Union we expect the same solid qualities will prove him equal to the highest order of statesmanship, In word, wo expect in General Grant « first rate President, and from him, domestic and foreign, 4 first rate policy. ed ate $$ $$ ‘The Peers of Britain and the Reform BM. The members of the British peerage hay very generally adopted a rzudent and grace ful cours, or action towards the people jn thy, Rew dia, to the majority of im political oriait induced by the sre ‘ tion of the Reform bili, instonu of stteme: | ing to band together as local obstruotion- ists or seeking to use their many and powerful influences and interests in oppositlsn to the registration of their tonants and dependents, they accept the measure in its most compre- hensive sense as an engine of constitutional progress, and endeavor to temper the deme- cratic upheaving by emerging from their aristo- cratic isolation and meeting the masses half way. Earl Saint Germains, Lord Amberley, Lord Saint Leonards, with a few other noble- men, have, indeed, already come down to the citizen level by entering the registration courts and demanding to obtain the franchise acoord- ing to law, judging, very wisely, that in this age of governmental change by sudden revola- tion the possession of the right of voting as @ freeman in the choice of a lawmaker may be- come, and at no distant day, of much more value than an antiquated claim of being a law- maker by hereditary descent. In some in- stances the parish overseers omitted the names of the peers from the registry claims lists; but in every case where the omission was noticed the judge of the court restored them.’ The aristo-democrats or citizen lords of England have for the most part agreed not to exercise the right of voting at the next general election, lest their sudden appearance at the polls should in any way influence the more humble electors, but intimate that they will take part in all future contests, Lord Amberley, an advanced and educated political progres- sionist, will not only vote, but advocate, the ballot system of voting ; so that the mind of England, completely free and unbiased, shall be reflected in the House of Commons. In this the younger members of the British peerage evince excellent judgment and good sense. So far they have not perceived evi- dence of the appearance of that red-handed democracy which their seniors anticipated would seize the mind of the millions and sweep it on ina sudden surge against ‘existing in- stitutions” and towards the confiscation of property; ‘so in their activity and enlightenment they have come forward to assume their places as political leaders, to gdvise, moderate, com trol, and, if necessary, direct the reform move- ment to a legitimate end and healthy conole- sion. The cavaliers of England, brave in battle, displayed at all times comprehensive idoas in politics, which they were shrewd—without fanaticism—in oarrying into practice; and tt constitutes quite an interesting coincidence in the political history of the present day to find men of their class likely to come forward ia Great Britain to set aside the hackneyed ‘“‘pub- lic leaders” in the effort to reconcile the differ- ent classes and interests ata general election ata moment when their descendants in mang of the Southern States of the United States seem likely to play an important and high- toned citizen part in the reconstruction of @ grand confederated Union which they had just endeavored to disrupt with the sword. their order, dis . Streets and Strect Assessments. The manner in which assessments are made for street improvements is one of the most charming parts of the machinery by which the city is governed through tho influsnce of the Tammany ring. For instance, people have been assessed to the tune of a thousand and even fifteen hundred dollars for the opening of Church street, and not a shovelful of earth has been turned up there yet as a preliminary to the opening, and perhaps never will be, Heavy assessmonts have beon laid upon property also for laying tho Nicolson pavement in Nassau street, near Wall street, which now turns out to be perfectly rotten and worthless. We believe it has had to be torn up and re- newed about half a dozon times since it was originally set down, and is as bad to-day aa ever. Ithas, in fact, proved unfit for such heavy traffic as our streets are subjected to. Broadway is being ripped up at various pointe to make way for a new stone pavement which is presumed to be better than the old. We hope it may turn out to be so, but we cannot see why the old blocks should be broken up there in order to be used elsewhere, thus con- verting Broadway for the time being into a stone quarry and delaying the repairs about four times longer than thore is any necessity for, the most important blocks in thas thoroughfare being meantime rendered impass- able. This whole matter of street-bungling and heavy assessments furnishes only anothes chapter in the story of gross mismanagement and corruption in the municipal government, Partisan Journalism. Party journals boast of their circulation and its increase at the same time that they make the most offensive exhibition of their bad man- ners, They cram their columns with sour- rility. They do not hint dishonesty against any political opponent, but openly charge it, often as the least of a man’s offences. Tobe of contrary opinions only is enough to insure that one shall be held up to the world as the fit fellow of the meanest rogue or the worst scoundrel of the prisons. No achievoment, no honor, no position before the people can raise one above their fling or give warrant against their malign utterances. Our greatest soldier—the man who by actual achieve- ment and success stands a head and shoulders above Prussian Moltke, and whose simplicity and self-denial in that success has a parallel only in our own history—is, in the partisan view, at one time a simpleton and a blunderer, whom any smatterer in military literature and history may write down, and at another time is a wretoh disgracing the name and form of humanity, Such is the contemptible level to which these sheets have re duced all utterance on political differ- ences that the boys in the gutter are thelr equals, Reasoning they throw ‘away alto- gether; all credit for honesty or even de- cenoy in difference they utterly ‘deny; but all statements of facts that they do not agree with are “Iles,” all men who make such statements are “liars,” and all opponents gonerally are the scum of the In such elevated imputations the street ragamuffins also discuse their differences with each other. Fitted with this simple sort of dialectics day in ant day out the party press still claims » constant increase of favor with the public. This isan imoutation on the msnnors end