The New York Herald Newspaper, January 29, 1869, Page 6

6 NEW YORK HERALD, FRIDAY, JANUARY 29, 1869.-TRIPLE SHEET. NEW YORK HERALD ee BROADWAY AND ANN STREET. ST JAMES GORDON BENNETT, PROPRIETOR awe All business or news letter and telegraphic despatches must be addressed New Yore Herap. Letters and packages should be properly sealed. Rejected communications will not be re- turned. {THE DAILY HERALD, ‘published every day in the year, Four cents per copy. Annual subscription price $12. Se ee eee ee a et aaa AMUSEMENTS THIS BVEEING, GRAND OPERA HOUSE, corner of Bighth avenue and ‘$8d street.—La PERIOUOLE FRENCH THEATRE, Fourteenth street and Sixth ave- mue.—L'r. OREVE. WS THEATRE, Twenty-fourth ee rand NEVER-DRAMATIO BEVIAW 2OB 1008. OLYMPIC THEATRE, Broadway.—Humrry Domrry. with NEW FEatcxes, BROADWAY THEATRE, RE, Brosdway.—ViovIMs—SOLON SHINGLE NEW YORK nan Broadway.—THB FIgLD OF ‘Tus CLoTa OF Go! WALLAOK’S THEATRE, Broadway and 1th street.— Bux StooPs 10 ConquER. NIBLO’S GARDEN, Broadway.—AFTER ee on, Lon- pon uy Niet, eOwERY THEATRE, Bowery.Tae Oorox00n— WOOD'S MUSEUM sap TEEAsER. 2 pens strest and Broadway.—Afternoon and evening Perf THE TAMMANY, | JAPANESE TROUFR, ACADEMY OF MUSIC, Fourteenth street.—PUBLIO EE- HEARSAL OF THE PHILHARMONIC SOCIETY. MRS. MA a CONWAY'S PARK THEATRE, Brooklyn. Artes D. SAN FRANCISCO MINSTRELS, 685 Broadway.—Eruio- PIAN ENTERTAINMENTS, SINGING, DANGING, Ac. Fourtesath street—Tum RISLEY BRYANTS’ OPERA HOUSE, Tammany Building, Mth street.—ETHIOPIAN MINSTRELSY, £0. TONY PASTOR'S OPERA EE 201 Bowery.—Comr1o Voca.isM, NEGRO MINSTRELSY, &c. NEW YORK CIRCUS, Fourteenth street.—EQuesTRias AND GYMNASTIO ENTERTAINMENT. HOOLEY'S OPERA Ee Brooklyn.—HOoury’s ‘MixeTReLs—ArTes LiGHt, £0. HOOLEY'S (E. D.) OPERA HOUSE, Williamsburg.— Hoo.er’s MioxereeLs—Dipn't 1 Move Hin, dc. NEW YORK MUSEUM OF ANATOMY, 618 Broadway. SOIENGE AND ART. TRIPLE SHEET. New York, Friday, January 29, 1869. MONTHLY SUBSCRIPTIONS. The Dairy Henatp will be sent 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 Jantfary 28. 4cu.aosal particulars to those aiready given we puotisvea ‘his Morning in relation to the sccideat to the French steamshtp Pereire. A disastrous conflagration destroyed a number of buildings and a large amount of property on Wednesday night in Trieste. The Spanish provisional government has issued a decree establishing the equality of religious sects before the law. Paraguay. Later news by the Atlantic cable states that An- gostura, the stronghold which Lopez occupied after his defeat at Villeta, had been captured by the alles, and Lopez, with his army, had fied to the interior. Minister McMahon still accompanies him. Colombia: Our Panama letter is dated January 20. The State government had found it impossible to collect the heavy commercial taxes and Correoso has been compelled to propose a compromise with tue merchants. The matter is now inthe hands of a convention. The disposition to break away from the repubiic of Colombia is again strongly mani- fested, as it is believed that the general government. absorbs all the revenue from the Isthmus Railroad, which, in the event of the independence of Panama, would revert to that State alone. Central America. Frequent earthquakes have been felt recently at Amatitian, Guatemaia. A difficulty has arisen be- tween Salvador and Honduras. An attempt had been made to poison President Guzman, of Nicara- gua, and his family; but they are said to be slowly Tecovering. Matters are progressing quietly in Costa Kica under new administration. Cuba. No farther disturbances are reported in Havana. ‘The public places of amusement are closed. An English schooner from Nassau, with a party of na- tive Cubans on board going to join the insurgents, ‘was captured by a Spanish man-of-war near Roman Key. insurgents in large numbers, according to Spanish reports, arg presenting themselves to the authorities under the amnesty proclamation. Hayti. Our Port au Prince letter is dated January 12. Anx Cayes had been captured, after a heavy engagement, and it is reported that General Domingue, the Presi- dent of the rebel confederacy, was captured in the streets of the city and shot. Mexice. Our Mazatlan letter is dated January 7. An oficial edict had been promulgated ordering all parties con- nected with the rebellion in Sinaloa last year to appear for trial. Dissensions have broken out in the independent State of Jalisco, Lozada, the chief, hav- ing sent troops to quell Don Julio Grocia, a rebellious subject in Tepic. Affairs 100k quite revolutionary in Lowér California. Congress. In the Senate yesterday Mr. Rice introdnced a bill for the construction of telegraph lines between New York, Boston, Baltimore and Washington under the direction of the Postal Department, The motion to take up the McGarraban Claim bili was again dis- oussed, and finally carried by a vote of 27to 18. The special order, the constitutional amendment relative to suffrage, however, was taken up first and gene- rally discussed without coming to vote. The Sen- ate then adjourned. In the House, Mr. Paine, from the Reconstruction Committee, reported @ resolution for an investiga- tiun into the right of Georgia to be represented in the House, which was adopted. The Election Com- mittee reported that neither Cbristy nor Wimpy, the contesting Representatives from Georgia, ‘Was entitied to a seat. The bill relative to pensions ‘was again taken up and discussed, but went over on the expiration of the morning hour. Mr. Bout- ‘Well gave notice that he would move the previous question to-day on the proposed constitutional amendment relative to suffrage, An evening scs- sion was devoted to political debate, and the House Bills Were introduced in the State Senate yesterday t prevent the introduction of contagious diseases . @mong domestic animais; to facilitate the opening of streets in New York; to incorporate the Long Islapd Tunnel and Railway Company; to repeal acta Qt the construction of an experimental Line of rail- way in New York and Westchester, and several | The New Gevorament de Facto im Cuba other bills of minor importance. A number of ua- important bills were passed. Two resolutions, one of which relates tothe New York and New Haven Railroad, were carried, after which the Senate ad- In the Assembly bills were introduced relating to Tompkins Park; to permit associations of the labor- Ing classes; to create harbor district of the cities of New York and Brooklyn; relative to carving are- arms, and {or other purposes. Resolutions were of- fered relating to the Merchants’ Union Express Com- pany and the murder of Charles M. Rodgers, of this city. The Assembly then adjourned. Miscellanceus. General Grant has been so besieged by visitors that he has issued an order to the effect that he will only receive them from ten o’clock in the morning ‘until noon. ‘The Merchants’ National Bank, of Little Rock, Ark., has suspended. Its liabilities are reported to be heavy, the greater part falling upon the goverament and parties in this citiy. ‘The Georgia Legislature has appointed a joint com- mittee to report upon the alleged illegal appropria- tionof money from the State treasury on the Gover- Ror's warranta 4 cOminttes has also been ap- pointed to report upon the ouimsges committed Ghroughout the Stata, and tt ls proposed £0 eppoint another committee, to consist of Alexander H. Stephens, Herschel V. Johnson and other distin- guished Georgians, to visit Washington and consult ‘with Congress on the status of the State, A party of negroes tn Lenon county, N. 0., recently took up @ dead body from the grave in order to strip the coMin of its heavy silver mountings. The Sheriff pursued and captured them, and at night they were taken out, five in number, by an armed party of mounted men and'shot to death. ‘The local authorities in Nova Scotia have refused to send a representative to Ottawa with Messrs. Howe and MoLellan. The New England Labor Convention closed yester- day. A memorial asking Congress. not to ratify the Alabama claims treaty is being circulated among the merchants of Boston. A large number of friendly Indians are hunting on the Republican river, and Governor Hall, of Colo- ado, has issued @ proclamation warning the whites from interfering with them. General Sherman and Colonel Dayton, of his staff, with their families, are on their way to New Orleans from St. Louis. A Sorosian Woman's Rights Convention ts to be ‘Meld in Chicago on the 11th of February. Gerald Eaton, who murdered Timothy Heenan, a brother of John C. Heenan, the pugilist, in Philadel- phia, last summer, ils to be hanged on the 25th of February. Commodore Purviance, who took part in the naval fight in Hampton Roads in 1862, was assaulted and robbed by ruffians in Baltimore on Wednesday night, and so serlously injured that it is feared hia wounds may prove fatal. The City. The testimony of Martha Elisworth was taken by the Coroner yesterday as to the whereabouts of James Logan No. 2 at the time of the murder of Mr. Rogers She states that he was at the house No, 171 Greene street until seven o'clock on the morn- ing of the Sist and was there again in the evening of the same day, when he said he had tost a heavy black overcoat and bruised his hand, “which was bound up, in jumping fences to escape the policemen. The coat and hat torn from the mur- derer were shown her, and she said théy were not the ones Logan had worn, Martha’s testimony was taken at her bedside tn the hospital on Blackwell’s Island, where she is lying sick with a fever. The printers’ strike still continues, and the employ- Ing printers who still hold out have issued a card urging the strikers to return to their places, In the United States Circuit Court yesterday, be- fore Judge Benedict, a case came up tou the duties of assessors, whereim @ reassessment was mace and an additional tax put thereon. The Judge held that there were circumstances in which inaccurate returns might be made, and which sub- sequently coming to the knowledge of the officer he would have the power and right to reassess the additional tax. In the United States Commissioner's Court, in Brooklyn, yesterday, Wiliiam J. Korn, 0. R. Wilson, L. L. Laidlaw and Charles Theriott were indicted for alleged customs frauds, involving half a million of dollars, by means of fraudulent drawback claims. Korn and Wilson were heid in $40,000 bail and the others were released on $5000. A young Canadian lost $14,000 in money anda number of diamonds ata gambling heil on Broad- way a few evenings ago, He has now got outa warrant for the proprietors of the establishment. ‘The Inman line steamship City of London, Captain Leitch, will leave pier 45 North river at two P. M. to-morrow, for Queenstown and Liverpool. The mails for Europe will close at the Post Office at twelve M. on the 30th inst. The steamship France, Captain Grace, of the Na- tional will sail from pier 47 North river, at seven 0’ to-morrow morning for Liyerpool, calling at Queenstown to land passengers, &c. The Anchor line steamship Britannia, Captain Donaldson, will leave pier 20 North river at 12 M. to-morrow for Glasgow, touching at Londonderry. The steamship Cleopatra, Captain Philips, will sail at ten o’clock this morning from pier 16 East river for Havans, Sisal and Vera Cruz. The Merchants’ line Steamship General Grant, Captain Quick, will be despatched at turee P. M. to- morrow, 30th inst., from pier 12 North river, tor New Orleans direct, The Black star line steamship Montgomery, Cap- tain Lyon, will leave pier 13 North river, at three P. M. on Saturday for Savannah, Ga. The stock market yesterday was strong for the Western shares, but weak for New York Central and Harlem. Gold was dull, closing at 136},. Prominent Arrivals in the City. Judge Noah Davis, of Albion; Mayor Banks, of Paltimore; Colonel 0. 0. Rogers, of Boston, and W. 8. C. Otis, of Cieveland, are at the st. Nicholas Hotel. General W. W. Belknap, of Iowa; Captain Neil, of the United States Army; A. Haggen, of Idaho, and Dr. Thomas 8. Rice, of Engiand, are at the Metro- politan Hotel. Lieutenant M. Smith, of the United States army, is at the Brevoort House. Jarige Colt, of Pittadeld; Colonel Osborne, of New York; W. Williams, of Buffalo, and Staniey Wood- ward, of Pennsylvania, are at the Fifth Avenue Hote. Paymaster R. ©. Spalding, of the United States Navy» Generai_T. Tilghman, of Maryland; Ww. Beck, of Milwaukee; General John F, Rathborn, of Albany, and Captain W. A. Parker, of the United States Navy, are at the Hoffman House. General Ira Spaulding, of Albany; Captain Howell, Of Philadelphia, and J. Wigier, of Newburg, are at the Astor House. Colonel E. R. Belknap and Major Ross, of the United States Army, and E. B. Winship, of Montreal, are at the St. Charles Hotel. Dr. B. Scott, of St. Louis; Captain Inglis, of But- falo, and Captain E. R. Seddon, of St. Louis, are at the St. Julien Hotel. ‘Axorien StRikx.—The printers of the book and job offices are so much dissatisfied with their wages that they think it better to have no wages at all, and have stopped working herein midwinter. It is not worth while to pity their families, since they themselves do not. The employers say that they already pay more than is paid in Boston or Philadelphia, and if they are compelled to pay more the in- creased charges will drive work to other cities. Here is a difficulty that the Union’ system does not seem to provide for. The Union can, toa certain extent, prevent men coming from other cities to do the work that men here have given wp, but it cannot prevent the work going to the men. Will they try this refine- ment? Will printers in Boston or Philadel- phis be required by the Union to keop their hands off work sent from this city? If not the strike is hardly worth while, and they had better agree on something, macy, and we should take care that these be not hurtful to the interests of our commerce and our people. The Situation in Spain. The crisis for which many have been wait- and Its Relations, . The question of the future political relations of Cubs is assuming the dimensions of an in- ternational affair, and seems likely to become at an early day one of the most important of the American Continent. Within the island a revolutionary movement has been in progreas since last October, and although our advices from there come almost entirely through Spanish sources, it is evident from these that ‘the Spanish government has lost its hold upon one half of the island, excepting only a nar- row strip of shore commanded by the guns of its fleet, At the present moment the new Captain General sent out by the provisional government of Spain is making a laudable and strenuous effort to allay the revolution by the introduction of radical reforms in the colonial government, but with doubtful prospects of success. The wealthy classes ask for some- thing more than vague generalities, and the popular masses demand nothing short of imme- diate and complete revolution. Outside of the island the question is pro- ducing lively agitation in political circles. In Washington anxious eyes are turned to Cuba, as the key of the arc of coastwise navigation on our Atlantic shore ; anf the recent sudden springing of a iprotestorale question in the House of Representatives would not have met so ignominious a failure as it did had its pro- moters contemplated the broader basis which was open to them in this movement in Cubs. The Mexican Cabinet is also taking an active interest in the subject, and has recently sent a special agent, Sefior Zenea, to this country asthe special confidant of its views and wishes. A smaller but not entirely in- significant element in the complication is the Dominican republic, where the anti-Spanish party is on the eve of triumph over the gov- ernment of President Baez. This island, lying as it does between the Spanish islands of Cuba and Porto Rico, possesses ready means of danger to the Spanish forces which promise to be brought into play at an early day, while the leading journals of Mexico openly an- nounce that no neutrality laws bind their shores, and they owe Spain a grudge. In Mexico the question is already put for- ward as one of annexation of Guba to the Mexican republic, while among the Domini- cans, at home and in the revolutionary service in Cubs, it assumes the form of a West Indian confederation. No word of annexation to the United States is breathed by the Cuban revo- lutionists, and thus far President Cespedes seems to have carefully abstained. from send- ing an authorized agent to Washington. This arises from the opinion prevalent-in Cuba and among Cubans elsewhere that in former efforts to attain independence, whenever they have confided their hopes and views to members of the Washington Cabinet, from Fillmore’s time down to that of Buchanan, they have been betrayed to the Spanish government, and have found the government of the United States their most persistent enemy. Whether the new political combinations now germinating in the countries south of us will crystallize into something effective and tangible yet remains to be agen, but our government will do well not to close its ears and its eyes to the voices and signs that come to us from Cuba, Mexico and St. Domingo. As regards Cuba the subject of most inte- rest to us now is the course of the revolution and the character of the men who control it. The continuous efforts of Spain for four months to subdue the revolution have heen futile, and the blow recently struck with such great cost and effort at Bayamo, the seat of the revolutionary government, has fallen harmless upon the insurgents and useless to the Spanish government. President Cespedes, after sending the women, children and prison- ers to a place: of safety, on the approach of the Spanish troops set fire to the town, and when remonstrated with for the act by some ot his followers replied:—‘Myself and my family are the greatest losers by the measure which as your chief I have decreed.” His example in personal sacrifice has been imitated in Puerto Principe by the Marquis of Santa Lucia, the Count of Villamar and other wealthy Cubans who have personally taken the field and thrown their lives and fortunes into the war. Such men, when upheld by the popular voice, as these are, seldom fail. Had the wealthy natives of the Western De- partment followed the example of their coun- trymen in the eastern and central portions of Cuba the resources of the Spanish authorities would have collapsed before now, and the struggle, except so far as regards a few for- tified ports, would have been at an end. These results have been obtained with little, almost no outside assistance, and the period of the year is approaching when European troops, even if Spain could send them, can do little in the tropical field of Cuba. But the policy pursued by President Cespedes in his military operations defies even the strongest efforts the Spanish troops can make. In no instance have the revolutionists accepted battle. On the approach of the troops the insurgents ‘retire from the front and confine themselves to harassing operations upon the flanks and rear of the advancing column. Thus every victory an- nounced by the Spaniards is a Pyrrhic vic- tory. Around the places held by Spanish gar- risons guerillas hover, who keep the troops shut up in close quarters, and with mo enemy sufficiently visible to tempt a sortie. The re- cent announcements of a formal attack on/ the city of Baracoa and the capture of Puerto Principe are the principal efforts yet made, and they indicate the growing strength of the revolution and increasing confidence among its leaders, We may therefore assume that the govern- ment of President Cespedes has become @ gov- ernment de facto, and that it will soon appear before the Cabinets of America and Europe with its claim to national and belligerent rights. Spain, ocoupied with her own domes- tic troubles, has not the power to assert her ancient claims, and in this age of steam and the telegraph she cannot carry om another thirty years’ exhausting struggle against re- bellious colonies. It will be well, theretore, for us to consider the questions arising out of the new complications of the Cubs question. The development of s West India confedera- tion or an intimate allianee between Cubs and Mexico may not threaten us with danger, but they will introduce new and troublesome complications in the field of American diplo- movement. It is not decrees, however, 80 much that this violence, as might have been expected, was avenged by the assassin’s hand. The demonstration made in Madrid against the Papal Nuncio, who has hitherto been rather in favor, shows the direction which events are. liable to take, It is something serious for the government to withdraw its official recognition of the Nuncio’s diplomatic powérs The arrest of the dean and chapter of the Burgos Cathe- dral points in the same direction. If the Holy Father takes the side of the Church against the government we may expect a religious wer. In such a case it will be the rural districts against the towns and cities. Much and seri- ous trouble is therefore a possibility. Such trouble will greatly complicate the situation and materially affect the chances of the different candidates for the throne, That the govern- ment thoroughly understands the situation is proved by our telegraphic news this morning. The old and cherished system of Church Sueros is abolished, and all crimes now committed by any of the clergy will be tried by the civil courts of the country. This is a step in the right direction, but it is one that promises to bring the Spanish revolution to an immediate crisis. The retrograde and pro- gressive elements of Spain are becoming more boldly developed every day. Both parties are playing for position and feeling of each other's strength. The result cannot be other than war. id The Stanton-Grant Controversy. The politicians have been in a high state of excitement for the past few days over the re- port that, just prior to the capture of Vicks- burg, Secretary Stanton was prepared to order General Banks to relieve General Grant from his command. As the statement has been denied by the friends of Stanton it is due to the truth of history that the facts should be given to the world. The following letter from an authentic source settles the question:— New York Crry, Jan. 28, 1869. To THe EpITor or THE HExALD:— Seeing the contradictory statements published tn the papers regarding the fact—or otherwise—of an order having been issued from the War Depart- ment to General Banks, shor#y before the fall of Vicksburg, directing him to relieve General Grant, T beg, through the columns of your widely circulated journal, to state the exact facts in the case, and thos settle this much controverted matter. While General Grant was operating in front of Vicksburg I was employed as. clerk in Secretary Stanton’s office at the War Department, Washing- ton. Secretary Stanton wrote two orders, directing me to make two copics of them, one for telegraph- ing and one for filing. The first of these orders was addressed to General Banks, directing him to pro- ceed at once to Vicksburg and relieve General Grant. The second order was addressed to General Grant, directing him to turn over his command to Gene- ral Banks on the arrival of the latter, who had been ordered tofelieve him. 1 do not pretend to give the literal wording of these orders. I have given, however, their exact suvStance, and they should be on file now in the War Department uniess they have since been removed. I will stave further that the copies of these orders to be transmitted by tele- graph I sent by messenger to the War Department telegraph oifice by order of Secretary Stanton. These copies shouid also be on file in the latter ofice. w. The Carnival of Crime=The Truc Remedy. Some of our comical contemporaries who can discover no remedy for the prosent start- ling prevalence of crime in the city outside of a vigilance committee had better study the course of Judge Bedford during his first term in the Court of General Sessions, which closed on Wednesday Igst. Judge Bedfofd, in a little over three weeks, has disposed of over one hundred cases of felony and has brought offenders swiftly and surely to justice. The District Attorney in addressing the court stated that at this rate the prisons would be kept clear, and murderers, thieves and rowdies would find that they can no longer depend upon the postponement of their trials until wit- nesses disappear and the cases die out. We understand it to be Judge Bedford's determi- nation to clear the criminal calendar as rapidly as possible and to bring every man to trial against whom an indictment is outstanding. This is the true way to stop the present car- nival of crime. Let the villains who prowl about the city ready for any desperate act once feel assured that punishment will swiftly and surely follow the violation of the law, and we shall no longer hear of murders and robberies in public thoroughfares in ‘broad daylight. Judge Bedford’s sentence of ten years’ im- prisohment upon a Rose street rowdy for robbery in the first degree gives a warning to this class of desperadoes that they must in future keep clear of the Court of Sessions. Gevenat Dix Orr His Baat.—General Dix has been talking about the Grecian diffi- culty in Paris and assuring the Greeks of the sympathy of the American people. General Dix is our representative for France only, and understands our relations with that Power. He does not understand our relations with Greece and. Turkey quite so well. The American people are in favor of settling the difficulty between Turkey and Greece on ite merits, and not on humbuggery and the cant that arises from differences in religion. The Connecticut Demecracy—A Sort of & late system of proscription and corruption unpar- alleled in the history of this country.” We think that to a great extent it was the result of the stupidity and folly of the democrats in Tammany Hall, It is next resolved to stand by the old. democratid constitutional land- marks; but this is only the old democratic bal- derdash. Next, while opposed General Grant's election they are to sustain him in every just and constitutional measure— & plank which may signify something or nothing. Next they resolve that the efforts of the radicals to deprive the States of the right, each for itself, to regulate suffrage, is an opt- rage whictthe sturdy Connecticut democracy “will resist. by all lawful means.” On this issue against a constitutional smendment estab- lishing universal suffrage, negroes and all, the democracy, we guess, are fighting an uphill battle, and will ‘come out,’ as usual since 1856, with the prestige of defeat. The tide is running the other way. But the distinguishing feature. and the main plank in this new Connecticut democratic plat- form & 1869 is the on the money question. In this they say that ‘the charge of intending to repudiate any portion of the national debt,” so persistently made against them, “is s slander without excuse or provo- cation;” that their policy looks to the settle- ment of the public debt and the resumption of specie payments; that they demand the eiogest Coogomy and retrenchment until eve, publio creditor ‘4s paid his agnest diicg the samt Eom cab something new. not Tammany ocratic plat- form, but it is the Chicago republican plat- form. It is true that the suspicion in the public mind that the democracy were bent upon repudiation damaged them in the late Presidential contest, but the party in Con- necticut say this charge is ‘‘a slander,” for that they intend to pay up the national creditor “his honest dues to the uttermost farthing.” It is evident, too, from some other proceed- ings of the Convention, that they abandon the fight with Congress upon this Mr. Thomas Waller, president, in his opening { speech, hoped that the Convention would declare “emphatically against repudiation of all kinds,” but he hoped, too, that they would not adjourn ‘without expressing their approval of President Johnson's struggle to maintain the constitution against the encroachments of the republican party.” But the Convention, while taking the hint on repudiation, had nothing to say for Johnson. He is completely ignored, and the reason for ignoring him lies pease his recommendation to Congress to appropriate ipierent of the national debt to pay off the pr pdt The Connecticut democracy haul down their Tammany colors on reconstruction, and on the national debt they beg the question. On the suffrage issue they are distinct, but on the losing tack. On all the other issues of the day they deal in twaddle or “‘glittering generali- ties.” The party is all at sea, and having lost Connecticut last November, the prospect of their recovering it this coming spring is very slim. They have Spiked tt their principal many guns on the money questiod an reconstruction, and they are adrift. on The argument on behalf of the Société du Cable Transatlantique Francais before the Com- mittee on Foreign Relations by Mr. William W. McFarland is at once lucid and strong. It reiterates many of the objections which the Heeatp has urged from the beginning against the impolitic, if not unconstitutional, prohibi- tory bill introduced into Congress to the effect that no submarine cable from any forgign country shall be laid to or landed upon any part of the United States, or any place within the jurisdiction of the United States, or of any particular State, without the consent of Con- gress first obtained. The ostensible object of this bill is to avert some impending evil, says Mr. McFarland; and he proceeds to inquire, What is this evil? ‘Is it communication on the part of our citizens with the people of Europe by means of a submarine cable? One would naturally suppose so; but upon examin- ing the resolution we find that it does not pur- port to prohibit such communication, but the laying of a cable. But how can this be a public evil?” Mr. McFarland shows that its sole object is to perpetuate the existing mono- poly of communication between this country and Europe by submarine cable. ‘The pro- moters of this resolution know that it is of vital importance to the French company to lay their cable early in the summer of the present year. They hope so to cripple the enterprise as to prevent this from being done. They see that the most effective way to do this is to get & law passed declaring it unlawful to land a cable without first obtaining a grant from Con- gress of the right to do so; then, by interpos- ing every possible obstaale, they hope to pre- vent the company from obtaining the neces- sary grant.” At the time this resolution was introduced ,the French cable com- pany had not only been organized, but had already begun to take their cable on ship- board, and thus the proposed law would be, so far as that company is concerned, retrospec- tive and, consequently, unjust and hard. The resolution is contrary to the plainest principles of public policy, It would expose the United States government in time of war to the neces- sity of yielding an incalculable advantage to the government possessing the control of the single submarine cable which now connects this Continent with the Continent of Europe and both ends of which rest on foreign soil. In time of peace it would deprive American com- merce and society of inestimably useful facili- ties for communicating intelligence. The true public policy consists unquestionably in multi- plying to the utmost extent our facilities, both by steam and by electricity, for intercourse with foreign nations. The people of the United States are of one mind on this point, whatever private reasons Washington lobbyists may have for supporting monopolies. In this connection it is noteworthy that on Wednesday the State Legislature of Delaware adopted a joint resolution declaring the autho- rity of the State over the landing of ocean taking it altogether, it is ‘fully | telegraph cableson its shores, alleging that me Atlantic coast of Delaware is favor- cates the popular interest already enlisted in the enterprise, it would not be difficult to demonstrate that no State rights can interfere with the rights of the general government over the whole line of the Atlantic coast of the- United States; nor would it be more dificult to prove that no point on the Delaware coast can be so convenient or desirable for the land- ing of the French cable and the distribution of the news to be transmitted by it as New York ‘Mr, Sherman labors hard on the bill he're- ported from the Senate Finance Committee in relation to the public debt and ourrensy. delivered another speech in the Senate aden pegs ews the best, most care- prepared and gblest speech he has made on, the subject. burden of his theme was, as it has been heretofore, the necessity of re- world, and he alg t that the price of all public seourities %§° fixed by the gold standard of Londo “and Frankfort. Plausible as thie ‘ Paper a3 statement, seems, it is x by facts. We have gone very very well, are doi very” well and can go on very well with a circulating medium of our own, independent of and different from that of the nations of Europe. The foreign commerce of the country is insignificant compared with the domestic trade; and with regard to the latter no inconvenience is felt, for that which is the measure of value for one is the measure of value for all. With our paper currency gold becomes an article of commerce with foreign countries the same as cotton or any other product. Mr. Sherman, like every financier of his school, lays great stress on doing something to bring our securities abroad up to par, and urges resumption for this purpose. Why should we be so anxious for this? A great deal is said about the credit of the United States in support of this idea; but increasing the weight of the debt thirty-three or more per cent is not the way to improve our credit or to make the people more desirous of paying the debt, Resumption of specie payments and bringing our securities up to par with gold would cause a greater amount .of bonds to be taken abroad. But is that desirable? How long could we stand the enormous drain of specie annually to pay the interest abroad? Are the people of this rich country to be made the hewers of wood and slaves to foreign copie & & | come? The ablest orid act differently to ours. They endeavor to keep public debts at home among their own people. But little of the debt of England is held abroad, ‘and the Emperor Napoleon, when he raised loans, was careful to shape them in euch » way as to © make the the holders of them. European cap did not furnish us money to carry on the most gigantic and expensive war ever known. We raised all we wanted among ourselves and upon the credit of the country at home. We shall never need foreign loans, and are better without them. What folly, then, to talk about the credit of our gov- ernment abroad! It would be better if every United States bond was held to-day by our own citizens. There is no necessity to force specie payments for the benefit of European capitalists, especially when to do so would add to the weight of thé debt thirty-three or more per cent. The bill before the Senate seems to have provisions against a too sudden change, so as to avoid a revulsion. The proposition to make notes and ten-forty bonds convertible and recon- vertible within certain limits appears to be made with that object; but any process for forcing specie payments must end disastrously. The only way to reach specie payments without disaster is to do nothing and let the country grow up to that. Mr, Sherman states the total amount of currency in circulation, inclusive of legal tenders, national bank notes, fractional currency and three per cent certificates, to be seven hundred and forty-five millions. But deducting the eighty millions of legal tenders held by the banks as a reserve and the fifty-five millions of three per cent certificates, the actual circulation would be only a little over six hun- dred millions. Now, we maintain that this amount of currency will not be more than the country will need a few years hence, if it be at present. The rapid increase of population and the vast growth of business will in a short time make this currency comparatively scarce, and then we should grow up gradually and natu- rally to specie payments, If,the expenditures of the government be cut down and economy practised, the interest of the debt be reduced and measures be adopted to begin paying the principal, the credit of the government will stand high and specie payment will follow as insensibly as the dew falls from heaven. Any other course will prove disastrous. pa: US Piers anp Waarves.—There is a bill in the Legislature containing the ancient job re- quiring the building for this city of piers and wharves of masonry and iron. The bill is put there by the men who want the contract as builders. The Legislature is willing to pass the bill for a certain sum of money, but the city will not pay, and the would-be contractors cannot; so the bill hangs. Such a law, if it pelled to build stone wharves and not author- ized to collect more than the present rates of wharfage, this would be equivalent to « con- Ascation of their property. An Omaha despatch says a istae number of the Indians are hunting on the Governor Hall, of Cotornd: issued a tion the otvilians from by ‘Utes are friendly and have treace ,