The New York Herald Newspaper, December 11, 1868, Page 6

6 JAMES GORDON BENNETT, PROPRIETOR All business or news letter and telegraphic despatches must be addressed New York Henao. Rejected communications will not be re- AMUSEMENTS THIS EVENING. OLYMPIC THEATRE. Broadway.—Humrry Dumpr. with New FratuRes. _meneer THEATRE, Broadway.—Taws EmznacpD ina. WALLACK’S THEAT! Broadway street. — wre Lawentins Lasse acs NIBLO’S GARDEN, Broadway.—al 708, Lom won BY NIGHT, ee BOWERY THEATRE. Love and PoLitics—VoL-. NEW YORK THEATRE, Broad VONS a8 KING RENE'S DAUGATER, £0. —JAOK 0’ TAR HEepes— -AU- PIKE'S OPERA HOUSE, corner of Fichth avenue and street.—Lxs BavARDs—! BLEOE. GERMAN STADT THEATRE, Nos. 45 and 47 Bowery.— Dir BEZAREMTZ WIDERSPRAENSTIGR. FRENCH THEATRE. Fourteenth street and Sixth ave- ue.—GENEVIEVE DE BRABANT. MBS, F. 8. CONWA\"S PARK THEATRE, Brooklyn.— Withiam TELL—CARPENTER OF ROUBN. RBRYANTS’ OPERA HOUSE, Tammany Building, 14th streot.—ETHIOPIAN MINSTRELBY, £0. KELLY & LEON'S MINSTRELS, 720 Broadway.—ETmo- Piam MIN@TRELSY, BURLESQUR.—TAME Cars. SAN FRANCISCO MINSTRELS, 585 Broatway.—I risk ENZEREAINNEMEO EERGING, DELO RE, ee TONY PASTOR'S OPERA HOUSE 21 Bowery.—Comio YoOALIOM, NEGRO MINWTRELSY, 4. WOOD'S MUSEUM AND THEATRE, Thirtieth atrect Brosdway—Afterooon and evening Performance tn NEW YORK CIRCUS, Fourteenth street.—EQuEstaian AND GYMNASTIO ENTE! iNMENT. COOPER INSTITUTE, or place, Lrorone by J. B. Gougu, “ELOQUENCE ANP ORATOR.” STEINWAY HALL, Fourteenth strect.—Pror. Guror" LEOvuBN, “Tug BAvousYEN snp Iie one . CLINTON BALL ART GALLERIES, Astor place.—Frae Exutserion or ParnriGs. Day and evening. HOOLEY’S OPERA HOUSE, _Brookiyn.—Roourr’ MINGTRRLO—A DUTCHMAN IN JAPAN, 80. OURS HOOLEY'S (E. D.) OPERA HOUSE, Williamsburg.— Hoovrt's MINSTRELS—THE LANKYSUIRE Lass, &c. NEW YORK MUSEUM OF ANATOMY, 618 Broadway.— Sornsoe anD A RIPLE SHE Now Yerk, Friday, December 11, 18568. tHE NEws. Europe. ‘the cable telegrams are dated December 10. The insurrection in Cadiz has proved of a most alarming character. The insurgents occupy pro- minent positions, are well supplied with arms, ammu- nition and money. General De Roda is preparing for an attack on Cadiz. The American flag is respected by both parties, and numbers are seeking protection under it, Later news says that an armistice of two days has; been agreed to, and that the insurgents have demanded terms of capitulation, which it is thought the government will grant. It i@ said that the Emperor Napoleon will accord an audience to Sefior Olozaga and will formally recognize hin as the representative of Spain to France. A despatch from Constantinople says that the Snl- tan bas sent his ultimatum to Greece and requires an answer in fivedays. Another telegram announces the capture of a strong position in Sphakia by the ‘Turks, where a large quantity of war material had been stored for the Cretans. The new British Parliament opened yesterday. ‘There was no speech from the Queen. Hon. John #. Denison was re-elected Speaker. The London Times coments on President John- eon's Message and hopes the new President or Con- gress will not throw over the settlement in the Ala- Lama negotiations, The members of Mr. Gladstone's Cabinet had an audience with the Queen yesterday ani formally ac- septed their appointments, Newa that one of the missing boats of the Hibernia had reached Donegal, Ireland, has been received, The Hungarian Diet closed yesterday wits a speech from the Emperor Francis Joseph. China. Our Shanghae letter is daced October 14, The Eng: lish steamer Ajax sunk off the town on the 17th of September, She was safely raised afterwards by Captain Batchelder. The Yang-Chow troubles have Deca referred to Pekin for settlement, Congress. In the Senate the standing committees were ap- pointed, and resolutions were adopted continuing certain special committees, among them the one charged with investigating the alleged corruption aud bribery used to influence Senators in the im- peachment matter. The House pili trausferring the Judean Bureau to the War Department was referred to the Committee on Indian Affuirs after considerable debate as to whether it should not rather be referred to the Military Committee. Mr. Wilson's joint reso- lution proposing, as article fifteen, an amendment to the constitution providing for negro suffrage in all the States was referred to the Ju- diciary Committee. The credentials of Mr. Hill, of Georgia, were referred to the Judiciary Committee. ‘The reading of the President's Message was resumed on motion of Mr, Edmunds, who so abruptly moved the adjournment on Wednesday. It was then read to the ead, laid on the table and ordered to be printed, In regard to that portion of the Message relative to the payment of the debt Messrs, Kamunds and Frelingbuysen made speeches strongly denounc- ing such a proposition as coming frow the head of tue nation. At the conclusion the Senate adjourned until Monday. fn the Ho the Speaker announced appoint- nieaots to fill vacancies in the standing committees, Several wulitary bills of minor importance were passed under the call of committees for reports. A Dill to eatablist a national system of military educa Liou was reported and after some slight discussion was jaid on the table, The resolution to take a recess irom Monday, December 21, until Tuesday, January 6, was adopted, Numerous Senate bills were passed nud reerred, The House then went into Committee ‘ yhole and were addressed by Mr. Blaine on t Its of the élection, The House soon alter wd, ved unt) Monday next. Miscelaueous, monitora, Which left New Orieana re- at Southwest Pass, detained by the scin the Gulf, A Spanish man-of-war ow Urieans and another is reported outside. voy steamship Havana had arrived and d the Peruviaa fag. Despa’ ‘from Arkansas state that the citizens, facensed a wirages committed by the militic, ‘ere Marching on the town of Augusta, where Gen- n “iti a militia command, was stationed. Upham had di that if he was attacked he would suvot ail prisoners in his hands and burn the town. Grea! excitement prevaiied in conse quence aad all business Was suaponded. Senator Ben V, Wade had @ conversation with @ HeKary rep a day or two ago, in which he dealt out some of lis siedge hammer logic relative to na- ‘ional afairs. He jaughed at Chase and Seymour, pitied Biair, de nents of Dutior as aristocrats, Who made asses of theinseles ju trytng to ape English pride of birth, and declared Keverdy Johnson to be a toady. The settlement of tue Alabama claims was easy enough, U we mace the ‘Bilaple protocol “Momey or war,’ ” and stuck to it, He favored universal manhood suf- frage and the transfer of the Indian Bureau to the War Department. Lake Erte and the Wellang Cana! are practically closed to navigation for the winter. There are still several victims of the Ohio river disaster who ara unrecognized. They are to bo taken to Cincinnati for interment, Thirty mon with nets are engaged at the wrock searching for dead bodies, Whalen, the convicted assassin of D'Arcy McGee, has been reapited untt! December 29. It is rumored among the repealers in Nove Scotia that the confederation government has offered to imcreaxe the subsidy to Nova Scotia fifty cents in consideration of loyalty to the new Dominion, ‘The City. * At an inquest held yesterday by Coroner Fiynn io the case of James T. Roberts a verdict was rendered ascribing his death to violence at the hands of some person or persons unknown to the jury. The evi- dence showed conclusively that he did not receive his injuries at the liquor saloon in Second avenue, as reported in the published accounts of the affair.’ At an inquest held yesterday in the case of Wil- lam O'Connor, who died from injuries sustained by being run over by @ Second Avenue Railroad car, a verdict was rendered exonorating the company from blame and ascribing death to the carelessness of the deceased, All the adjourned motions tn the Erie litigation came up before Judge Cardozo, in Supreme Court, Chambers, yesterday for hearing. After @ long argu- ment for @ postponement the court ordered the papers read and then adjourned the case until Satur- day, issuing an order to restrain Receiver Davies in the meantime from handling the property of the Erie Company. In the Watson & Crary whiskey case yesterday the testimony on both sides was closed. Judge Clatchford, ta answer to an inquiry of Dis- trict Attorney Courtney, yesterday stated that all criminal cases in his district would be heard before Judge Benedict in the Circuit Court. This includes the case of Judge Fullerton, Gold opeaed yesterday at 1%5, sold down to 1364, but rallied again and advanced to 136%, closing at 135%. The stock market was extremely dull and prices generally declined all through the list. New York Central sold down to 124, Pacific Mgil to 1144. New York Central closed at 12445 8 12444. It is authoritatively stated that the Erie Ratlway Company has leased the Atlantic and Great Western Railway for a term of years. The Inman line steamship City of Antwerp, Cap- tain Mirehouse, will leave pier 45 North river to-mor- Tow (Saturday) at one P. M. for Queenstown and Liverpool. The Buropean mails will close at the Post Office at twelve M. on Saturday. The steamship France, Captain Grace, of the Na- tional line, will sail at one P. M. on Saturday, 12th inst.,from pier 47 North river, for Liverpool, via Queenstown. The Anchor line steamanip Caledonia, Captain McDonald, will leave pier 20 North river at tweive f4. to-morrow (Saturday) for Glasgow, calling at Londonderry to land passengers. The General Transatlantic Company's steamship Pereire, Captain Duchesne, will sall from pier 50 North river about one P. M. to-morrow for Brest and Havre. The French mailg will close at the Post Office at twelve M. on Saturday. The steamship United States, Captain Norton, ot the Merchants’ line, will leave pier 12 North river at three P. M. to-morrow (Saturday) for New Orleans direct. The Black Star line steamship Huntsville, Captain Crowell, will sail from pier 13 North river at tiree P. M. to-morrow (Saturday) for Savannah, Ga. The sieamship Tillie, Captain Steinger, will sail from pier 20 Kast river on Saturday afternoon for Galveston, Texas. Prominent Arrivals in the City. General Marvin and General Young, of Albany; Rev. C. Lathrop, of Connecticut, and General Ave- rill, United States Consul General at Montreal, are at the Fifth Avenue Hotel. Major General Prevost, Major John F. Tobias and Major Samuel Lewis, of Philadelphia; J. J. Abrio, of Austria; Dr. Horace Enos, of Paris; . Griffith, of Calcutta, and D. B. St. Jotun, of Newburg, are at the Hoffman House. J. M. Douglas, of Chicago; John Heard, of Boston, and J, C. Bancroft Davis, of Newburg, are at the Brevoort House. Colonel John Evans and Major Davis, of the United States Army; Paymaster D. Edmunds, of the United States Navy, and Dr. Underwood, of Virginia, are stopping at the St. Charles Hotel. Lieutenant Remak, of the United States Army; Juan Franco, Manuel M, Arrioja and Miguel G, Arrioja. of Mexico; B, F. Brewster, of Philadelphia, and George Iaonis, of Poughkeepsie, are stopping at the Astor House. Prominent Departures. General Grant an’ his personal staff left thia city yesterday at eight A. M. en route for Washington, ‘The President on the National Debt. The extraordinary proposition of President Johnson in his Message to Congress for the payment of the public debt is as surprising as it was unexpected. We have been disposed to believe that he did not mean what his language expresses. but it appears that both Congress and the press take the meaning as literally expressed—that is, in short, to pay the princi- pal of the debt by stopping the payment of the interest and by applying that interest to the liquidation of the principal. This is an as- tounding proposition coming from the Execu- tive head of the government. It is repudia- tion; for to cut oft the interest is to make the debt comparatively valueless to the holders, Of course the President did not expect Con- gress would follow his advice, and, therefore, he makes the recommendation for public effect. He is looking ahead, and probably thinks he sees the time coming when the people, disgusted with the corruption and extrava- gance of the government, and weighed down by the enormous debt, will seek relief by somo | such measure of partial repudiation. We seem, indeed, to be launching the ship of state into the sea of repudiation; for not only does the President make this startling proposition in his Message, but the Secretary of the Trea- sury also, in his report, proposes to repudiate the legal tender currency as fraudulent. Mr. Johnson's remarks about the necessity of extinguishing the debt, and that the boudhold- ers have received and are receiving an enor- mous amount over and above what was given for the bonds, are true enough. No people weroever fleeced as the people of this country have been by the shameful manner ia which the deit was created and through the inca- pacity of Congress and mismanagement of our national finances by the Treasury Department. The debt ought not and need not have been more than a third of what itis. But incapable and corrupt as the representatives and officials of the government have been, they were | the servants of the people, and the country will have to bear the consequences. Still, the public may be oppressed beyond the limit of forbearance. The bondholders, Shylock- like, may demand the ponnd of flesh—may clamor for exorbitant immunities while all the reat of the community are suffering—till the people are driven to look into the equity of their claims and resort to repudiation. This, let it be remembered, would be no new thing in the history of nations. Indeed, it is hardly possible to point to any nation that has not in some form or other entirely or partially repu- diated its debt. Even Fagland, which ia held up as the paragon of honor, reduced the inte- rest on iis debt from time to time from six per NEW YORK HERALD, FRIDAY, DECEMBER UL, 1868.—TRIPLE SHEET. cent or more to three and a half and three per | The Monsage In cent. The interest drawa now by our bond- holders, aa the President remarks, is enormous. Reckoning the difference between gold and cur- rency and the immunity from taxation, the amount of interest is about ten per cent, But the national banks make considerably more than this on their bonds—that is, from fifteen to seventeen per cent—throngh the privileges given to them by Congross. There is no deny- ing tho fact that this is an infamous state of things, contrary to a just equality of privileges and burdens in the community and very oppres- sive to the industrious classes. How, then, are these first mutterings of ro- pudiation to be checked? How are we to pay the debt equitably and honorably and avoid repudiation? Not by the exacting demands of the bondholders to be paid the uttermost cent in specie, according to their interpreta- tion of the letter or spirit of the bond, while all other debts and everybody else are paid in depreciated currency. Not by their demands to be felieved of a fair share of the public bur- dens, these burdens with the peopleand the inte- rest of the debt must be reduced. The inte- rest is now far too high and out of all propor- tion to either what was given for the debt or the value of the capital. Laws are passed in all countries against usurious interest as one of the greatest evils to society; yet that on our debt is most exorbitant. Ina word, it is far too oppressive and corrupting and danger- ous in itsinfluence. Two thingsare necessary, then, to relieve the country from its heavy burdens, and possibly from repudiation— namely, the funding of the debt at a low rate of interest and the certuin and steady liquida- tion of the priucipal. The Revolution in Spain—Confliviing Reports. The revolution in Spain hag reached a new stage. That stage is the stage of barricades. Barricades have acquired a dangerous pre- eminence in Furopean revolutions. They had something to do with the stirring events which followed the uprising of 1789 in France, and Paris has still some record of them. It was not otherwise in Paris in the memorable years of 1830 and 1848. Barricades for long years to come can never be in Paris what they have been. But Spain ts not France, nor is Madrid Paris. It is curious and not uninstructive fact that the most alarming outburst of popu- lar sentiment which has yet taken place against the provisional government has oc- curred in Cadiz, the city where the revolution began so hopefully and so well. Cadiz was, according to news received prior to this morning's cable despatches, to all intents and purposes in a state of siege. The insurgents were in possession of the Hotel de Ville and the surrounding houses. They had fortified their position by erecting barricades. The prison convicts and the raral guards had joined the insurgents. The government troops had possession of the Custom House, where the foreign consuls had fled for refuge. All communication with Madrid had been inter- rupted. Similar risings were expected in Saragossa. A more miserable fiasco than that with which the names of Prim, Serrano and the other members of the present provisional gov- ernment are associated has not occurred in modern times. The dissatisfaction of Cadiz is damning to the men who now hold away. The people have trusted them as no provisional government was ever trusted before. They have waited with a patience which has no parallel. Now they are disgusted, and Spain, which might so easily have been led into the paths of constitational government, threatens to become a prey to the wildest kind of anarchy, There is some barrier in the way of the elections which has not yet been divulged. A general and violent outburst of popular feeling, coupled with stariling dis- closures, may be hourly expected. Does Prim wish to create Napoleon's opportunity by ren- dering anarchy inevitable? Is this the object, or is the provisional government really and truly helpless in the circumstances? Cer- tainly a crisis has come. By our Atlantic cable news published this morning it will be secn that it is acknow- ledged that the insurrection in Spain has in reality assumed a more alarming character than was at first reported. The conflict in Cadiz has been of so sanguinary a character as to require an armistice of two days to allow both parties to bury their dead and to permit women and children to leave the city. At the conclusion of the armistice it is stated that a combined attack is to be made by the troops and fleet upon that quarter of the city occupied by the “‘rebels,” who are reported to have a force of three thousand fighting men, well sup- plied with arms and the “‘sinews of war.” Malaga is excited and Catalonia ready for arising. The provisional government, it seems, is much embarrassed and is out of | money. Prim has gone to Andalusia, leaving Madrid under the protection of the National Guard, It is a somewhat significant fact that the American flag is respected by both parties and that many seek protection from (he Ameri- } can Consul at Cadiz. A despatch from Madrid, dated yesterday evening (December 10), states that the insur- gents in Cadiz have demanded terms of capitula- tion, which, it is understood, the government is disposed to grant, This information is hardly reconcilable with the report of an armistice for two days, which a despateh received just previously furnishes, It may be, however, that the government, feeling its own weakness without the support of the masses, is disposed to yield accommodating terms to those arrayed in arma against it, Tre Peewo Denr.—We publish this mora- | ing the official December statement of the na- tional debt. It will be seen that the total | amount of indebtedness, less cash in the Trea- | sury, December 1, 1868, was 9,031,814, showing an increasa of $11,902,292 over the November statement, or a little over $616,000 above the increase during that month. In | mous national debt is it not an imperative duty for Congress to ponder well the gigantic pro- jects for robbing the public treasury now be- fore it inthe shape of immense subsidies to carry out preposterous private speculations? By no sort of arithmetic yet invented can it be shown when our national debi will be paid so long as the lobbies and halls of Congress are festering, as they now are, with harpies and leeches who have their own plundering jobs and schomes to accomplieb, view of this continued increase of our enor- | No; the public creditors must share | another says it is ‘‘a lecture ;” ae *C Toapot, We have a pugnacious President in Andy Johnson. His farewell address to Congress is aa full of fight as if he had just commenced his war with the two houses on reconstruction. He has committed a budget of blunders. We cannot say that he has proved himself a wiseman or a great man; but he has been badgered and baffled and defeated so many times by the two houses, and he has such a heavy bill of griev- ances and outrages against them, that his desire for a little revenge is perfectly natural. The temptation to have @ parting shot or two at them in his Message he could not resist. Had the two houses, however, paid no attention to his scolding there would have been an end of it. But in the Senate and the House there is so much squirming that we can see that some of his shots have taken effect. One Senator denounces his Message as a ‘tirade of loose allegations,” ‘disrespectful and offensive ;” another that ‘it is the acrid outpourings of a disappointed, bad man;” another that it is only remarkable for its ‘‘misrepresentations and natrutbs.” And so goes the Senate debate whether the offensive paper should be read or quietly laid on the table, In the House, after submitting to the reading of the Message, Mr. Washburne, of Illinois (the father of the House), denounces the Presi- dent’s financial recommendations as ‘‘plain, undiaguised repudiation,” and as ‘‘a disgrace to the country and the Chief Magistrate.” Mr. Broomall proposes a resolution denouncing every form of repudiation. Mr. Schenck con- siders the Message on this subject “as the most gross, shameless, infamous proposition to repudiate the debt of the country that I have ever yet known to be put forward from any quarter, excepting Brick Pomeroy.” The Message is finally laid on the table—denied the ugual compliment of extra printing. Now, if this, in each house, is not a tempest ina teapot we should like to kaow what is. Does not all the world know that out of the usual routine President Johnson's recommen- dations to Congress signify nothing; that he escaped removal from office by only one vote short of two-thirds of the Senate; that he is only tolerated for the time being as a figure- head representing the President—a mere auto- maton in the hands of Congress, and nothing more? Why, then, all this foolish excitement and fuss over this Message? Deprived of al- most every other function of his office, is it not a shame to deny him or attempt to deprive him of the right of scolding? Is it not enough that by his persistent scolding, when it will do him no earthly good, Mr. Johnson is only making a donkey of himself, and that it would be all the same if he were to insist that General Grant's election is unconstitutional and void, and that nothing constitutional has been done by Congress since the two houses refused to approve ‘‘my policy?” We think so; but we think, too, that while the follics of his Message may be treated with indifference there are good points in it, entitled to respect. A Tempest in a South American Affairs—An Important Con- vention in Washington. The State Department, it appears, has been officially informed that Spain, Peru, Bolivia and Chile have consented to settle all their difficulties at a plenipotentiary convention to bo held in Washington. This plan was pro- posed, if we remember aright, some two or more years ago, but it was not then carried out, from the want of some directing mind to put the project through. There is no doubt that such a termination to all the difficulties, quar- rels, foreign and domestic wars and insurrec- tions in South America is most desirable, and is especially an object of concern for the com- mercial interests of the United States. Here are a number of States in our immediate vicinity whose trade with the world is very extensive— States inhabited by a people who are capable of producing vast wealth from the soil in mine- rals, fruits and other valuable products, and who do produce a large portion of this wealth ; but, unfortunately, not only is it not half devel- oped, in consequence of the continually dis- turbed political condition of these countries, but the United States receive but an insignifi- cant part of the commercial advantages shared go largely by European nations. This is a ques- tion which demands the immediate attention of Congress, and the proposed convention affords an opportunity to develop it. There is no reason why the South American States on the Atlantic sido should not take part in this convention, The empire of Brazil, the Ar- gentine republic and the republics of Paraguay and Uruguay might be advantageously repre- sented in this general council and all their de- plorable differences settled. The present con- dition of the Spanish American States is such asto retard the advance of civilization and commerce, by which we in this country are greatly the sufferers, What is required for the pacification and the fuller development of the Spanish American States is a friendly interposition on the part of our government, The proposed convention in Washington may afford us such an opportu- nity, and it isto be hoped that Mr. Seward will avail himself of it. Another measure which could hardly fail to produce a good effoct in the same direction woald be to send a special commissioner to the governments of all the South American States, clothed with diplo- matic powers if necessary, but instructed at least to offer such mediation on the part of this great republic ag might lead to a settlement of the existing differences between the Spanish American States, and thus restore peace and prosperity to that vast domain. We believe that the governments of these countries and their representatives in Washington, so far | from being adverse to such @ measure, are pre- pared to accept it, The contemplated con- vention, however, may develop this idea more faily, and we hope to see the South American States on the Atlantic side of the continent represented in this important council. Bariow's Reavy Reckoyer Ovrpone.— Andrew Johnson has cast Barlow's ready reckoner, Sam Tilden, into the shade in the financial exhibit in his famous Message. Andy declares that the bonds of the United States have all beon issued at three to four hundred percent discount, As three or four hundred per cent discount is just two or three hundred por cont less than nothing it becomes avery curious and interosting question where the government obtained the money to carry on the war, Rassia in Asia. One of the organs of the Russian govern- ment in reviewing the military strength of the empire makes the effective of the active army in time of war eleven hundred thousand men, and adds that by reducing this about two hun- dred thousand regular troops, which are re- quired for garrisoning the Caucasus, Siberia, and Turkestan, there would be lef to oppose Western Europe nearly nine hundred thousand men. Now we have no idea that Russia main- tains this enorthous force with the expectation that she will be called upon to use it against Western Europe. It is not likely that any European Power or combination of Powers will invade Russia or make war on her unless she becomes aggressive. This parade of military strength is not made because there is any dan- ger of Western Europe attacking Russia, nor because Russia expects to be engaged in such another war as that of the Crimea. She has entered upon another 7éle, and the talk about Europe Is only to disguise that. She is advanc- ing in Central Asia. Expansion in some direc- tion ia the hereditary policy of Russia. Fora long time and up to the Crimean war her am- bitious eye was fixed on Constantinople. Her conquests, both by arms and diplomacy, were directed to driving the Turks across the Bos- phorus and out of Europe. She was always watching for an opportunity to seize the effects of the ‘sick man.” Her ambition has been effectually checked in that direction by the Crimean war and the unswerving purpose of the Western Powers to‘protect Turkey. Hence she has changed her policy, and inslead of attempting to advance towards Constantinople she is advancing to Central Asia and to the confines of China and India. The idea of Peter the Great to aim at Constantinople is superseded by that of Alexander, the present Emperor, to organize and civilize all Central Asia, thus leaving the Sultan to see what he can do with Asia Minor. Russia will hold a sufficient force in Europe out of her immense army to maintain the pres- tige of her power there and the tranquillity of her dominion; but her active forces aro em- ployed beyond the Caspian. She is pushing her conquests in Turkestan and Bokhara, and no doubt intends to reach the British posses- sions along the line of the Hindoo Koosh Mountains on one hand and to penetrate Mongolia on the other. Her gaze now is fixed towards India, China and the North Pacific Ocean. Nor is it by arms alone that Russia is extending her dominion and influence. She is pushing rapidly her railroads and the tele- graph into those parts of Asia. Already there is aline of telegraph to and along the Amoor river and completed within fourteen hundred miles across the whole Continent. Her over- land trade with China is now very large, but through these agencies and: the navigation of that magnificent river, the Amoor, it will be vastly increased, and both England and the United States will find before long a formidable rival in those countries of Asia facing the North Pacific Ocean. It was from Central Asia that the great hordes came which swept down upon and overran Europe in early times, and now the reflux tide has set in. The European races are turning back upon Asia. Russia certainly is intent on extending and consolidating her empire to the eastward and centre of that Continent. The trade of China is one of the chief prizes for which Russia is aiming. In fact, that is the prize for which most of the great nations are striving. While Russia is pressing forward by land across the Continent and England by the way of India, America is developing her intercourse across the Pacific. This, then, has been the change of Russian policy within a few years—a policy which relieves Turkey of apprehension and which gives a new direction to Russian ambition. But all the great Powers of Europe have changed their policy as well as Russia. Every one is endeavoring to consolidate and strengthen itself within established or natural limits. Prussia aims to unite the German race under one government, Austria to combine the vari- ous elements of the hereditary States of her empire and to maintain herself as a great Power in the South and East of Europe, France to develop her natural resources in order to make herself rich and powertul, that she may be feared and, in a measure, be the arbiter of Europe, and England to avoid Euro- pean wars and complications and to extend her conquests and commerce in Asia, Africa and other parts of the globe. The day of Holy Alliances to fight revolutions or to break down some obnoxious Power is past. Each great nation acts for itself in some réle adapted to its own situation and development, and all are endeavoring to keep up with the wonderful progress of the age. The telegraph, railroads, steam power and the press are changing the policy and international relations of all coun- tries. Wanted—A Few More Hundred Thousand Nigaers. Our President in his Message to Congress indicates a somewhat filibustering spirit when he says ‘I am satisfied that the time has arrived when even so direct a proceeding ass proposition for an annexation of the two republics of the island of St. Domingo would not only receive the consent of the people interested, but would also give satisfaction to all other foreign nations.” Is this @ grim joke on the part of our Ex- ecutive? The radicals have had such a dose of African blacking that their opposers now wish to surfeit them to the point of reaction. To annex St. Domingo isto add to our trou- bles and increase our population by half a mil- lion of negroes fully educated to revolutionary tarmoil, They would make an excellent ele- ment for the carpet-baggers to work upon, A large aristocratic faction predominates there, and a grand duke will black your boots while his duchess does your washing. Congo is also well represented, and our missionaries will find an excellent field for labor in the correc- tion of voodooism and fetichism existing among these natives. Altogether there are numerous arguments in support of this broad nigger view of our President. Let us, by all means, annex the island. Watt Strewt—No Panto.—There was no panic in Wall street yesterday on account of President Johnson's short method of paying off the national debt by appropriating the in- terest to meet the principal. Wall street knows the mountain whose delivery is a mouse, Pe oe The Erfo Ratlroad War—Operations You terday. Yesterday having boen assigned for a hear- ing of the arguments upon motions in the caso of the Erie Railway, now pending in tho Su- preme Court, in Chambers, the same came up in due course before Judge Cardozo, Neither of the chief parties were present in person, but they were represented by counsel in good!y array. The receiver of the road, Judge Henry E. Davies, was brought into court, looking like a corpse, and asked for delay on account of illness, but stated that in case it should not be granted he was ready to go on, even in the absence of his counsel, Judge Noah Davia. The case was ordered to proceed, Mr. Richard O'Gorman representing the counsel of the re- ceiver, having been called upon only that morning to act in that capacity. The post- ponement was asked for only as an act of courtesy. Courtesy among counsel in thia Erie Railroad muddle! Of course the motion was successfully opposed. Some counsel were no doubt gratified to learn that there was already ono sick man in the case. There will, probably, be many others before the case is ended—if even obituaries and epitaphs shall not be required—for judges must be blessed with ex- traordinary toughness of constitution, patience and conscience to withstand all the storms of cross action, back action, counter action, spe- cial pleadings, dull ploddings, arrests, dis- charges, rearrests, injunctions to the right of them, injunctions to the left of them, receivers, receptions, deceivers, deceptions, scandal, libel suits and all tho balance of the train of litiga- tive evils which, with Satan’s connivance, the lawyers in this cheerful Erie Railroad war have succeeded in plunging it. Ono party or the other should prepare to bury their dead. Briefly, but little pro- gress was made in the case yesterday, the time being principally occupied in the reading of papers, the tenor of which our readers are already familiar with, if they have not already had asurfeit thereof. Judge Cardozo expressed his indignation at the course of Judge Board- man in the Special Term of the Supreme Court at Ithaca, on the 8th inst., in dissolving the injunction granted by Judge Cardozo restrain- ing Receiver Davies from taking possession of the road. Judge Cardozo characterized the act of Judge Boardman as ‘‘very indecorous.” Polite term for ‘‘rascally!” Thus the plot thickens and the war clouds become more and more portentous. To-day the combatants rest on their arms, , Judge Cardozo having granted a temporary stay, pendente lite, so that no surprise or flank movement can be executed by one party upon another. To-morrow (Saturday) the conflict will be renewed before Judge Cardozo, Meanwhile, the poor stockholders have the su- preme satisfaction of standing by and witness- ing the fight, gratified, no doubt, to see that their money and property are not being squandered by any contemptible faction or d2- tachment, but by a whole army of greedy litigants, with its legions of hungry camp followers. Sumner on Georgin. Senator Sumner holds that Georgia is not a sovereign State; that her present government is ‘provisional only, and in all respects subject to the paramount authority of the United States to abolish, modify or control the same.” How is it that this State has only a ‘“‘pro- visional government,” when she was well enough reconstructed to vote on the Presi- dency? Mr. Sumner holds that there was a defect on the part of Georgia that vitiates hor return to the Union—a defect in the very initiation of her government, and one so vital that without it she would have been all right under a good government, while with it she is all wrong and the same government is only temporary—in other words, that her State government never properly came into exist~ ence under the Reconstruction law and the constitutional amendment because cer- tain essential things were not done—such as the exacting of a certain oath—and other ‘unjustifiable things” were done. Well, if this is trae—if Georgia never com- plied with the law and the amendment—why did Congress by statute declare that she had so complied, and was in consequence entitled to representation, and thereupon admit her? It was a radical Congress that did this. No- . body imposed any pressure in the matter, and there was full time given to inquire into the facts. Did Congress make a false declaration in that statute, or does Mr. Sumner make & false declaration now? Who is right? This is an important thing for the country to know; for if Congress rightfully admitted Georgia, and yet may now, as Mr. Sumner seems to fancy, declare her government still subject to Congressional action, where is reconstruction toend? Is this not the vital defect of recon- struction by act of Congress, that that body may at any time make uncertain the position of a State standing on no better basis than @ law of Congress? And what is the use of the fourteenth amendment if Congress may at one seasion declare by law that a State is in the Union on the terms of that amendment and ia the next session declare the contrary ? Fresh Eruption of Mount Etnn—Volcanoss and Earthquakes. The time which Ovid, presenting the views ot Pythagoras, foretold when Etna should cease to be a burning mountain has manifestly not yet arrived. Nearly sixty eruptions of this famous voleano—alongside of. which, with its ten thousand feet high accumulation of vol- canic matter, Mount Vesuvius is but a mole~ hill—have occurred since the first one recorded without date, but previous to the Trojan war. The most important are those of 475 and 426 B. ©., and 1669, 1755, 1787, 1792 and 1852 A.D. Last Tuesday night witnessed a fresh eruption of Mount Etna, distinctly visible at a distance of one hundred and twenty miles. The telegraphic despatch which announces it says that the torrents of lava devastated the surrounding country, and that the ashes from the crater fell on the town. of Aci Reale, and were blown even into the strects of Messina, fifty miles distant from the volcano. Volcanic eruptions are usually preceded by earthquakes, and this fresh eraption of Etna follows closely upon earthquakes and rumors of earthquakes all over the globe. In New York earthquakes have become a favorite sub- ject for lectures, and each newspaper is now compelled to employ an ‘earthquake editor,” to whom the numerous savans who call to propose their various theories as to the origin, Mr.