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6 NEW YORK HERALD ‘BROADWAY AND ANN STREET. cnsishindidanamncnete ets JAMES GORDON BENNETT, PROPRIETOR AMUSEMENTS THIS EVENING, OWERY THEATRE, Bowery.—JacK SHBPFARD—DUMB ame OP Ganon TOM CRINGLE, OPERA HOUSE, corner of Eighth avenue and ga treet “La PERIOUOLE, FRENCH THEATRE, Fourteenth street and Sixth ave- nue.—L'Ert CREVE, OLYMPIC THEATRE, Broadway.—Humer” DoMrrr. wit N&W FRATURRS. apres THEATRE, Broa¢way.—Tas EMERALD NG, NEW YORK THEATRE, Broadway.—Tas Fieup oF as CLOTH OF GOLD, — WALLACK'S THEATRE, Broadway and lsh street.— Sur S1ooPs TO ConQUER. NIBLO’S GARDEN, Broadway.—Artzs Dank; 08, Lon- DON BY NIGHT. WOOD'S MUSEUM Broadway.. THE TAMMANY, Fourteenth Paor's REVEL—NI0oDEMUS, &C. AND THEATRE, Thirtieth street and and evening Performance. r otreet.—Les FOLLis— GERMAN STADT THEATRE, Nos, Com. Foot! 1. SMALL AND MIS8 UNION LEAGUE CLUB THEATRE.—TawtR UND Nicare—Die EIFERSUROHTIGEN, £0. MRS. F. B. CONWAY'S PARK THEATRE, Brookiyn.— Arres DARK. SAN FRANCISCO bg ead Broadway.—ETH10- PIAN ENTERTAINMENTS, SINGIN bytes ke. BRYANTS’ OPERA HOUSE, Tammany Building, Mth strect.ETHIOPIAN MIASTRELBSY, £0. TONY PASTOR'S OPERA HOUSE, 231 Bowery.—Comto VoCALISM, NEGRO MINSTRELSY, &c. NEW YORK CIRCUS, Fourteenth street.—EQuesTeta any GyMNaSTIO ENTERTAINMENT. HOOLEY’S OPERA HOUSE, Brookixa.—Hoousr's MinesTEELs—ArreEr Licut, dc. HOOLEN’S (E. D.) OPERA HOTSE. Wiliamsbarg.— HOOLEY’s MINGTRELS—TAIF TO TEE Moow, do. 4% and 47 Bowery. NESTELLE. a STEINWAY HALL, Fourteenth strest.—Signoza ELENa Lanaagt's CONCERT. NEW YORK MUSECM OF ANATOMY, 3 Broadway. SOIRNOE AND ABT. TRIPLE SHEET. New York, Tuesday, January 19, 1869. New Arrangements for Furnishing the Herald. The steady increase in the circulation of the Heraxp has forced us to bring into use all our press facilities, which now enable us to throw off eighty-five thousand copies of the Heraup per wsmen and carriers who have hereto- fore fonnd delay in receiving their papers will in future have their orders executed at a much earlier hour, | MONTHLY SUBSCRIPTIONS. hour. } The Darmty Heraup will be seav to subscribers for one dollar a month. The postage being only thirty-five cents a quarter, country subscribers by this arrangement can receive the Heraup at the same price it is furnished in the city. Europe. ‘The cable telegrams are dated January 18. The French Senate and Corps Legislatif were opened yesterday with a speech from the Emperor Napoleon. ‘The Sultan has sent instructions to the Turkish Ambassa‘tor in Paris directing him to sign the proto- co! agreed to by the Conference. {tts expected that the Hellenic government will do likewise. ‘The treaty concluded between England end China through Mr. Burlingame has met with high com- mendation by the Esiglish press, ‘The rumor. is current that the Duke of Aosta has renounced the Italian succession in favor of the Princess Clothilde. Shocks of earthquake have been felt in Caicutta and Assam. Paraguay. Our Buenos Ayres letter ts dated November 27. ‘The American squadron had passed La Paz and ‘were near Corrientes. It was rumored that Minister McMahon would offer mediation to Lopez. Bitss, one of the prisoners, is writing the life of Mimster Washburn. It is stated that he will be quietly given up on the arrival of the feet. From ort aad in- side the works at Villeta it was beli by the alties that Lopez intended to evacuate. The French gunboat had departed with twelve of the French prisoners, Lopes giving up only such as he chose. Congress. . In the Senate yesterday numerous petitions and memorials were presented, Mr. Sherman, from the FinanceCommiitee, reported a bill legulizing coin con- tracts. Messrs. Williams and Cattell gave notice that they would propose amendments to it. Several Personal explanations in answer to newspaper criticisms were indulged in. The Committee on Com- merce reported a bill to authorize the New York and London telegraph Company to land their cables on the shores of the United States and recommended its pas- sage. Mr. Morton’s specie payment bill was reported back from tne Finance Committee, with a request that they be discharged from further consideration of the same. Mr. Trumbull introduced a biit amend- ‘ing the Judiciary system, which was referred to the Judiciary Committee. The bill to regulate the duty on copper was taken up. An amendment proposed by Mr. Morrill was lost, and the Senate adjourned without tuking farther action on the bill. in the House, ander the call of States, numerous bills were introduced and referred, among them one proposing an tesue of United States bonds, the re- tiroment of United States notes and a free sys- tem of national banking; ana others for the regulation of the fur seal trade in Alas ka; for the constraction of telegraph tines, under the direction of the Post Office Department, between New York, Boston, Philadel- phia and Washington; to exempt manufacturers of printed newspapers trom tax, and to admit Missis- sippi to representation (by Mr. Bingham); a resolu- tion declaring that no farther subsidies should be given by Congress to railroads or other corporations ‘was offered by Mr. Holman, of Indians, and passed under the previous question by a vote of 90 to 67; @ econd section of the resolution discomtinuing grants of public land to corporations was laid on the table by ‘@ vote of 110 to 54, The Naval Appropriation bill was taken up and passed. A resolution was offered by Mr. Batler directing the Comptroller of the Currency to inform whe House what national banks had been allowed to exchange gold bearing inter. est bonds for Pacific Ratiroad currency bonds, and to give other information relative to mational banks. The resolu‘ion, after some warm debate, was adopted. The Senate joint resolution respect- 1g provisional governments in Virginia and Texas ‘was passed. The House soon after went into Com- mittee of the Whoje on the Legisiativée, Executive and Jud Appropriation bill, and Was addressed by Mr. Wood, after which the House adjourned. Miecellazcons. President Johnson's memsage, sent to the Senate yesterday, names as his authority for issuing his re- cent amnesty proclamation the second section of arti cle two of the constitution, The President furnishes Precedents for his issue of the amnesty in the pre- vious amnenties of Washington to the participators in ‘the whiskey rebellion, Adams’ to the same persons, Madison's to tho Barataria smugglers, President Lin- coin’s to the Southern rebeis, and his own, in 1866, 1861 and 1868, to the same. Senator Morrill hag Withdrawn from the canvass NEW YORK. HERALD, TUESDAY, JANUAKY 19, 1869.—TRIPLE SHEET. — century. or four hundred years the Mos- | Movements Against the Bullicniste and| | tm the Maine Legislature, in order to prevent the embarrassment of those who supported him after the late caucus. The Supreme Court yesterday made decisions in the New York bank cases. Opinions were read by Chief Justice Chase to the effect that certificates of indebtedness and United States notes, or greenbacks, are exempt from State taxation. ‘The Virginia committee paid a visit to General Grant yesterday. He expressed himself anxtous for & speedy setvlement of affairs in that State on the plan proposed. A Hayes City, Kansas, despatch states that Colonel, Nelson, commanding at Fort Hayes, sent 8 guard to threatened to close all the saloons and tear down the livery stables. The citizens of Hayes City were considerably excited over these arbitrary. acts. ‘Three negro soldiers were recently hung by a vigi- lance committees in Hayes City, and probably this circumstance accounts for the Colonel’s wrath. Several Englishmen, not naturalized citizens, are consulting with the authorities in Washington as to whether they can present their claims for property Gestroyed in the South during the rebellion as an offset to the Alabama claims. Ex-Governor Neil 8, Brown, of Tennessee, has published a letter addressed to the Ku Klux organi- zations, urging them to disband and cease taking the Jaw into their own hands, Kentucky democratic papers are also urging the same measures on the members of the Klans, A shock-of earthquake occurred in St. John, N. B., on Saturday. ‘The City. In the Board of Aldermen yesterday numerous resolutions for paving uptown streets with Belgian pavement and for other purposes were introduced. In the Board of Health yesterday four Sanitary tn- spectors were appointed, and it was decided to elect Asuperintendent and assistant on the 3d of next month. Typhus fever is reported raging in the neighborhood of East Thirteenth street and avenue A, and smallpox at No. 215 West Thirty-first street. Fred Dougiass lectured last evening at Cooper In- stitute on “William the Silent,” for the benefit of the Tennessee Manual Labor University. An inquest, from which reporters were excluded, was held by Coroner Flynn yesterday in the case of a Dr. Kennedy, of 116 Chatham street, who died re- cently. His partner, Dr. Powers, attended him and gave a certificate of death. The relatives claim a Portion of the property of the firm, some $200,000, for whicn, however, Powers exhibited a transfer, claiming that he only loaned it to Kennedy for pur- poses of bail. Powers was committed to the Tombs. Nothing new is reported in the Rogers murder mystery except the fact that all previous reports are declared by the detectives to be mere canards of their own invention. In the United States Circuit Court the case of the United States vs. William Fullerton, Jacob Dupuy and others was called on. The District Attorney stated he was ready to proceed, but on application of defendant’s counsel postponement was granted till Monday next in consequence of thé absence by reason of illness of the counsel upon whom the pre- paration for the defence had devolved. In the United States District Court yesterday the trial of Blaisdell, Eckell and McLaren for alleged violation of the revenue laws was resumed, and was continued at the rising of the court. Harrison Shaw was convicted yesterday in the United States Circuit Court of perjury in making and swearing to a false and malicious affidavit against Collector Bailey. Sentence was deferred. George Myers was convicted in the United States Circuit Court of passing counterfeit currency. Sen- tence was also deferred. ‘The stock market yesterday was weak at the morn- ing boards in consequence of acontinued pressure by the “hears,” but recovered and became firm and strong at the close. New York Central sold up to 16534. Gold declined to 1355. Beef cattle yesterday were only moderately sought after and prices favored the purchaser, with arrivals of 2,882 head. Extra steers were selling at 170 a 17%; prime, 6c. a 16%¢.; fair to good, lic. & 16c., and inferior to ordi- nary, 10c.a 1440, Milch cows were in improved demand at about the prices previously prevalent, viz.:—Prime and extra, $90 a $125 each; fair to good, $75 a $85; common, $608 $70, and inferior, $450 855. Veal calves were in moderate request and firm, with sales at 12c.a 13c. for prime and ex tra, 103;c. 8 11}¢c. for fair wo good and 93<¢. a 10%. for infenor to common. Sheep were 1m tolerably active demand and prices were steady at 8c. a 8c. for extra, Tc. a 7c. for prime, 53;c. a 6%c. for com. mon to good and 6c. a 5'<c. for inferior. Swine, though slow of sale, were firm at 11}c, a 11c., with arrivals of 3,630 head. Prominent Arrivals in the City. Major Gibson F, Howard, of Buffalo; Major J. M. Johnson, and Captain W. P. Warren, of Troy, ail of Governor Hoffman's staff, and H. A. Richmond, of Batavia, are at the Fifth Avenue Hotel. Colonel F. Werner, of St. Paul, Minn., is at tne Sf. Julian Hotel. Thomas 4. Morgan, of Augusta, Ga., and Thomas W. Faris, of New Jersey, are at the Maltby House. Lieutenant Colonel E. S. Sanford and Lieutenant W. S. Reynolds, of the United States Army, and R. P. de Leon, of Baden Baden, are at the St. Charles Hote. G. C. Wilts and D. M. Scott, of the United States Army; C. M. Thompson and John Harrison. of ing- land; W, A. Gillespie and H. Richards, of Colorado, and Lieutenant Commander Charles W. Tracey, of the United States Navy, are at the Metropolitan Hotel. Captain Macomb and Chief Engineer Lawton, of the United States Navy, are at the Hoffman House. Judge Russell, of Boston; L. L. Davis, of Spring- field; H. Trowbridge, Jr., of New Haven, and D. Phillips, of Hartford, are at the Astor House. The Great Eurepean Trouble—Another Com- plication im the East. The Conference which for some days past has been in session in Paris closed its sittings yesterday, and the Turkish Ambassador has received instructions to sign the protocol agreed upon by the Conference. Our cable telegrams state that the belief was general in Paris that Greece would not reject the terms of settlement. Moreover, it will be seen that the Emperor Napoleon, in his address at the opening of the French Legislature yester- day, refers to the satisfactory and peaceful conclusion of the deliberations of the Con- ference. Thus,for a time at least, we have a promise of the preservation of ‘the peace of Europe. Every one feels that there is a question beyond the mere preservation of peace between Turkey and Greece; but as every one is convinced that in the present instance Greece has put herself in a wrong po- sition, the preservation of peace, if only tem- porary, must be regarded as a positive gain. It deserves to be noticed, however, in connec- tion with this matter, that while peace was the aim of the Conference, tio Powers represented seemed specially desirous to avoid committing themselves to a war policy in the event of the parties at variance refusing to follow out their recommendations. The bullying propensity was less manifest than it was wont to be on the part of the great Powers. This, too, is a gain; for it encourages the hope that the time is coming when expensive wars:will be studiously avoided, and when differences between nations will be settled by reason and argument rather than by the sword and the bullet. At the same time we cannot close our ‘eyes to the fact that the Eastern question, as we are in the habit of neming it, must become more and more a source of trouble to Europe. The Ottoman Power is as much an exotic on the Europegn side of the Bosphorus Jems have ruled in the city of Constantine Bondhelders. and been masters of the empire of which Con- | We see in the speech of General Batler on stantine may be said to have been the founder. But while the Slaves, the Roumans and the Greeks have submitted to the authority of their new masters, they have clung tenaciously to their ancient faith and maintained the characteristics of their respective races. Tho line which separates the original races from the Turks is not, perhaps, 60 broad or. so sharply defined as it once was; but it is broad enough and sharp enough to convince the most scepti- cal that final amalgamation is impossible. After well nigh five hundred years’ rule in |- Enrope it has still to be admitted that there are twelve millions of Christians to five millions of Mussulmans. The Rayahs, as the Greeks of Turkey are named, differ in nothing from the Hellene Greeks of the kingdom but in this, that the former are the subjects of the Sultan and the-latter are the subjects of King George. The Slavic races between the Balkan and the line of the Danube, though they speak in other tongues than that of Greece, have been as little influenced by Turkish ascendancy as their Rouman and Grecian neighbors. The Turk is known to be the ruler; but in no part of European Turkey is the ruler loved or does the belief exist that his rule shall be permanent. Four hundred years’ experience has not convinced any of the European races now within the bounds of the Turkish empire that a Christian shbuld be governed bya Mussulman. The love of life in the general case is stronger than the love of country, the love of race or the love of re- ligion ; but all over European Turkey a better time is looked for and anxiously awaited, when the love of life shall be compatible with all the other nobler instincts of humanity. It does not follow, from anything we have said, that Turkish rule is necessarily bad. It only fol- lows that itis the rule of the stranger, and that to that rule time has not reconciled the governed. These facts are not unknown'to the govern- ments of Europe. In London, in Paris, in Vienna, at Berlin, at St. Petersburg, it is known and understood that the continued in- tegrity of the Ottoman empire in Europe is an impossibility. They know that no assistance from without, no treaties, no armed inter- ference can save it long from internal col- lapse. They see that the Christian elements of the population are being stirred up; that they’are waking from a long sleep and reveal- ing some newness of life, and that time only is required to make them masters of the situa- tion. But the governments of Europe cannot see beyond the deluge. The Mus.uJman Power destroyed, what is to follow? This no one can answer. Russia is as ambitions as ever to sit enthroned in Constantinople and to ‘‘ water her horses along the Hellespont ;” but to this the Western Powers will neverconsent. There is smaller objection to the enlargement of the Greek kingdom, but the kingdom is not yet ripe for any such enlargement. The time, however, may come, and may come soon, when aSonth Slavonic empire along the line of the Danube, and a Greck kingdom, stretching north as far as the Balkan and east as far as the Dardanelles, will reconcile Europe generally to the downfall of the Moslem empire. That time, however, is not yet. Intrigne, therefore, is busy and deceit is everywhere. The West- ern Powers are jealous of Russia, and Russia is impatient of their resistance, Russia has aéquired a new power in Asia which makes Great Britain more fearful than ever. Another Crimean war would place India in jeopardy. It will not surprise us to learn‘ that the fresh difficulty between Persia and Turkey is the re- sult of Russian intrigue. In spite, however, of all appearance to the contrary, we are willing to believe that the result of the Paris Confer- ence will prove the means of preserving peace for the present, and that the final settlement of the Eastern question will be postponed for at least another decade. Tne Presmpent’s AMxxsty PRocLaMATION AND THR SENATR’s Quzxiks.—In reply to the Senate's resolution requesting the President to communicate to that body a copy of his am- nesty proclamation and the authority under which it was made Andy Johnson yesterday sent in a brief message. He farnished a num- ber of precedents to justify his course, dated as far back as 1795, when Washington par- doned the whiskey insurrectionists in Penn- sylvania, But the whiskey ring of that day was nothing compared to the whiskey ring of the present. Then the government was only cheated out of afew hundreds of thousands; now the government is defrauded by the whis- key ring of a hundred millions a year, and no questions are asked, no amnesty solicited for the criminals. The Senate having been grati- fled in regard to the authority for the amnesty proclamation, it wonld not be surprising to learn that it next applied to Andy Johnson for his opinions respecting original sin and the necessity for infant baptism. BoneMian Frvanciers,—The Bohemians of the press used to confine their explorations to the ordinary walks of life and contented themselves with forays in search of items and whiskey—the latter particularly. Recently they made a bold onslanght upon the mer- cantile community. Now they are down in Wail street, where they openly boast that they “write for stamps.” Let anybody read the financial tucubrations of some of the morning dailies and he will at once see the ‘“‘trail of the serpent.” A few days since, according to these authorities, there were no more valuable investments in the world than our Western railway stocks, which were selling far below their value. The gift from the cliques of a few “puta,” which to the Wall street Bohemians are what gin-slings are to their City Hall brethren, made these wiseacres see things in a very different light ; so yesterday Western rail- ways were on the high road to financial pot. A Sprox ov Trovrie im Kanaas.—A de- spatch from Hayes City, Kansas, informs us that Colonel Nelson, at Fort Hayes, has been suppreasing in a summary manner some of the social enjoyments of the citizens, An indig- nation meeting was held, at which the arbi- Arary proceedings of the Colonel were de- nounced and a petition sent to the Legislature for We are #0 accustomed to receiv- ing reports about troubles in Kansas that we are not prepared to be surprised at anything that may occur in that once bleeding regiot The entire country has been bled long onougt in the ninetoenth as it was in the fifteenth | to establish order there. and national finances the ex- scarcity of money the great capitalists are en- abled to get a higher rate of interest and to increase their profits enormously at the ex- pense of the industrious classes. Hence we see the selfish motive which prompts the clamor for a restricted currency and forced specie payments. In England, at the period referred to, the people wanted an ample currency and cheap money. The sub- ject was widely discussed and efforts were made to secure these. The subject occupied the attention of Parliament, and we believe it was Mr. Atwood who proposed a measure in that body, similar to that of Gen- eral Butler, for an inconvertible currency and for utilizing the public debt. But the measure was defeated; the bondholders and large capi- talists were more powerful than its advocates. It remains to be seen if the people, who wanta cheap and an ample currency, will prove stronger than the resumption bullionists under our popular form of government. There isan extended organization, though not a noisy one, throughout the country, par- ticularly in the Western States, in favor of General Butler’s monetary system, or a similar one. We refer to the labor unions. There are, probably, more than half a million en- rolled members in this organization, besides the vast numbers affiliating with it. Mr. Cary, of Cincinnati, it will be remembered, was elected to Congress by that. It has already exercised considerable influence in the elections else- where, and if is spreading to such an extent that our public men are constrained to respect its power. General Butler seems to have made himself the representative man of this organization and its views, and, ora ‘he looks forward to using it as an portaht auxiliary in the coming reorganiza- tion of parties. At all events the conflict has commenced here, as it did in England after the wars with Napoleon terminated, between the resumptionists and bondholding capitalists and the masses of the people who want cheap money. If General Butler, Mr. Cary, the labor unions and others hold extreme views with regard to an abundant and inconvertible currency, the bondholders and the rest who clamor for resumption of specie payments may thank themselves forit. They are the Shy- locks who have overreached themselves by un- reasonable demands, The attempt to force re- sumption by Mr. McCulloch through contraction of the currency, in behalf of the bondholders and capitalists, alarmed the people and cre- ated a powerful reaction hoth in and out of Congress. If the resumption theorists and the government would let the currency alone, and thereby pacify the public mind, agitation would cease, business be undisturbed, and the couatry would grow up to specie payments, if that he desirable, in a healthy and «almost im- perceptible manner, ¢ Tuk GOVERNMENT AND THE eRe We copy an‘ article from the Boston 7'ravel- ler, a journal well informed and influential, on the subject of the advantages to accrue tothe community generally by the government assuming control of a line of postal telegraph throughout the country. The views expressed in this article shoujd be endorsed by every commercial man and private citizen in the land. Its reasonings are clear and judicious, and at the hearing on the subject which occurs to-day (Tuesday) before the Committee on Post Offices and Post Roads of the United States Senate it should, with other substantial views presented in the same relation, command attention at Washington, No Tax on Grexnpacks.—The Supreme Court has decided that the States cannot tax greenbacks, Now let Uncle Sam go farther and pass a law exempting these same green- backs from national taxation. In other words, let Congress repeal the law imposing a tax on incomes, The measure is not only a very odious one to the people in general, but it is almost a failure as a source of revenue to the government, the receipts last year from this branch of taxation amounting to the picayune sum of thirty-two millions of dollars. “The game isn’t worth the candle.” - Bap ror tae Orner Taxarres—Fisk's move against the deadheads. Crowded out of all the theatres under Fisk's control, these terrible fellows will so throng all other estab- lishments that there will be no’ room for the public that pays. Repert of the Board of Health. In the report of the Board of Health, which we published yesterday, there are several ad- mirable recommendations and suggestions, and we earnestly call the attention of the city authorities to them. No improvement in the sanitary condition of the public markets has been made during the last year. They are, the report truly says, dilopidated, unventi- lated, defective in proper drainage, and in every respect discreditable to the city of New York. The Board again recommends an im- provement in these respects and better and more accessible locations for the markets. The gas nuisaoce—that is, the offensive and poison- ous atmosphere from the gas manufactories within the city—is severely denounced. This is an evil that ought to be abated at once. The establishment of public baths in New York and Brooklyn is regarded asa great sanitary neces- sity, The Board wisely urges the removal of our rotten wharves and piers, as they are very injurious to health and a great oulsance. In truth, they are in every respect a diagrace to this great commercial city. We ought to have all round the lower part of the island benutifal stone piers and wharves. The rent of auch and of the buildings that might be constructed on or alongside of them would pay a large in- terest on the capital invested. We commend thone and other excellent remarks of the fe- port to the consideration of noth the city gov- ernment and the Legislature, made f6rtunes ina day in the speculation of the prairies, and the Erie men propose to show that the real Pelion upon Ossa of accumulated wealth is to be piled up by speculation on the land that Hes by the thronged streets of this very metropolis, Pike's first idea was, of course, the apprecia- tion of land in his neighborhood and specula- tion therein; but that timid spirit confessed too early that he had gone too far from Broad- way—too far west. The Erie men saw that nothing was too far west. Had they not made Salamanca, with its splendidly paved thorough- fares, magnificent stores and sumptuous hotels, asuburb of Gotham? Truly. And here ws an unappreciated tract like Salamanca only ten minutes from Broadway, and so they bought it. They propose now, by a judicious combination of railroad and opera, to make up the short- comings of either. They will put into the opera business that bold spirit and those sums of money that insure success. No opera man- ager ever yet had money enough. They have all been ruined by that fact alone. They have all had just enough money to lose every cent, and they can all testify that just as their money ran out the thing was beginning to pay. Every manager would have succeeded if he had had a little more money. This is what Fisk and Gould have got. They have got all the money inthe United States. If the few millions in hand run out at any time they have only to issue stock—ten milltons, twenty millions, no matter for the figure—and they are furnished. Aladdin was a fool to either of these. Who would go thtough the laborious and disagree- able labor of rubbing an old lamp, greasy, of course ? Opera run on these principles will astonish the world, and the world will come to see. There is the point. Patti will be brought out— They have engagements. No matter; the company will secure them at any price and pay the few millions of forfeit money. But they shall not goto Chicago, or Cincinnati, or St. Louis. No— only to Pike'sOpera House. Chicago, Cincin- nati and St. Louis must come to them. Grand excursions will be organized from every point of the compass to the corner of Eighth avenue The Pacific Railroad will only be a tributary to this great stream of travel. This will be the end ot the-grand star travelling system, and all the money hitherto made hy that system will come into one till. With the world thus dumped at the corner of Twenty-third street and Eighth avenue every inch of space in the neighborhood will have an almost fabulous value, In the days of Law's glory five feet of space in the.dirty little Rue Quincampoix rented for as much asa row of houses in any other street in Paris, This will be the grand result in the present speculation when the machine isin full working order with grand attractions; not, of course, with the present company, which we suppose was Nilsson, too—and all other wonders, and Twenty-third street, only taken to fill up an interval. Vanderbilt will have to wheel into line. He will have to come into the system in self- defence. His only hope now is in #theatre. He will perhaps buy the Academy of Music and thet part of Temmany not owned by the other road, and make them into one tremen- dous show. ‘This will be @ better speculation than that of the Erie opera; for the material to work upon ig better. The increase {n value will be immense. Just see what one little thing did. Jerome built a race course out in Westchester, and every inch of land in its neighborhood has been doubled or trebled in If @ race course dropped down in a county will do this, what may not be done by a grand theatrical scheme in the hands of our Vanderbilts and Fisks? The effect will island. Room will become so valuable that an apple stand on the corner will be worth king's ransom— value. extend to the whole unless he happens to be a raflroad king, in which case his ransom will be greater. Verily, this phrase of railroad kings has come to have a reality of meaning in it. Railroad men are our rulers, and rulers are glad enough to be railroad men. His Imperial Majesty of Russia runs his own railroads; #0 does his Imperial Majesty of France. It is a startling coinci- dence that each of these kings also runs his own opera. Did not the great Napoleon, with his head fall of strategy in Eastern Europe, send his orders to Paris for the management of the opera? Here are great examples. We need no longer wonder where Fisk got his ideas and how he found out what was neces- sary to make him really a railroad king. Can Vanderbilt, in view of such examples? It is true that the Emperor who thus mixed up things was something of a failure. A New Enavanper’s Opintos on Sournern Manvractores.—The Nashville Banner pub- lishes extracts from a letter from Amos A. Lawrence, of Massachusetts, in which that eminent New England manufacturer extols the advantages of the South, particularly Ten- nessee, for carrying on cotton manufacturing. Mr. Lawrence takes @ practical view of the subject, and urges the working of smaller farms and the employment of the extra capi- tal fn manufacturing end mining. This is good advice, and we are glad to notice that it in being generally adopted in certain sectiohs of the South. Mone Snow.—What shall we do with the snow? Some men have written poems about the snow; #0 have some women. But the snow is not at all pootical in Broadway— merely 6 grand obstruction and » nuisance— and itis the municipal problem of the day, above all others, what we shall do with the frozen, slushy aggrogate of theee minute flakes, Who will tell vs? ' " Comsperation. We publish to-day an extended notice of what is called the co-operative system. This notice unfolds the history of the co-operative movement in England (particularly in connec- about twenty-five millions. Well may it be said that a system which can realize such marvellous results in the course of twenty-four years, beginning with the formation of the. Rochdale societies in 1844, with a capital of only twenty-eight pounds, or one hundred and forty dollars, must have all the elements of success within itself and must be the best practical method yet discovered and applied for the benefit of the workingman. It is no Utopian scheme. It simply proposes to make the workingman his own capitalist. And in this country (where, thus far, it has unfortunately failed on account of—first, unskilful management ; secondly, undue haste to start out on a large soale, and, thirdly, improper use of the funds contributed) it must yet succeed in securing the moral, mental and physical elevation of the workingman, in rendering him independent of the frequent fluctuations of what is termed “the labor market” and of the monopoly of capital, ‘making him in reality what every man is in theory in a republic—his own boss, his own master.” Especially is this reform practicable and desirable so far as our American savings banks are concerned. The notice of the co- operative system, to which we invite the atten- tion of all classes in our community, demon- strates the fact that a huge disproportion of the profits of our savings banks over and above the interest paid to the depositors flow into the pockets of the gtockholders. The savings banks occupy here on a larger scale the same place as the middle man,: whom the co-operative societies of Europe aim to do away with. More than seventy-five per cent of the money ia our savings banks comes from our laboring popu- lation. Why should not this population be at once stockholders, depositors and borrowers? Why should they surrender, for instance, to stockholders the ten millions of excess earned upon their deposits of one hundred and thirty- two millions, as reported in February, 1867, in this city alone? The notice to which we have alluded states that the deposits in the savings banks of our own city foot up over eighty-six million dollars, sixty’ millions of which un- doubtedly come from workingmen. What an immense amount of good could be done with half of that money were it employed in co- operative associations, making the working- man his own capitalist, his own savings bank, his own employer, his own middle man between himself as a consumer and the producing and trading world and between himself asa pro- ducer and the rest of the world as consumers! The revival of the co-operative movement now on foot in New York should be heartily pro- moted by the press and the public. Co- operative building societies have been formed which purpose to supply the laboring population with comfortable homes in the envi- rons ofthe city. Co-operative stores have been projected which shall offer almost all kinds of merchandise at reasonable prices and which shall be conducted on a strictly cash basis, It is to be hoped that in these renewed the mistakes of the past will be avoided and that here, as wellas in Europe, the experiments of the Rochdale Pioneers will be completely successful. Democratio CANDIDATE For THR Unrrep States Sevatz.—t{t will be seen from our Albany despatches that Mr. Henry C. Murphy, of Kings coumty, has been unani- mously nominated in the democratic caucus as their candidate for the United States Senate in opposition to ex-Governor Fenton, republican. As a compliment to Mr. Murphy and Kings county this nomination will no doubt be satisfactory to the democracy of the State at large: Tas Lariat ano tHe Battor.—The La- vacca (Texas) Commercial says ‘Texas girls lariat wild cattle.” In the North the strong-minded women are endeavoring to coerce perverse men into giving them the ballot—in other words, to lariat them into sub- mission, just as the Texas girls do the wild bulls on the prairies. It is natural that the discipline of the rope’s end should be called into requisition in both cases. Opesing of the French Legisintare—Speeck ef the Emperor. Our Atlantic cable despatches, published this morning, furnish us with the particulars of the opening of the French Senate and Corps Législatif yesterday, together with the speech of Napoleon. The Emperor gives » succinct statement of @hat has been done by his government since the Inst meeting of tho national legislature, — premising that the task of the Legislature was s serious one—namely, “to conduct a government strong enough to repress the excesses while accepting all the beneiite of liberty.” He especially states that the laws making concessions to the press and granting the right of public meeting had had the effect of preserving publio order; and the fact that the recent elections resulted in favor of the confirmed the justice and wis- dom of these concessions. The military organization almost approached perfection.