The New York Herald Newspaper, February 1, 1869, Page 4

4. NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIBTOR, All business or news letter and telegraphic ‘espatches must be addressed New Yore Heat. Letters and packages should be properly sealed. ! Rejected communications will not be re- AMUSEMENTS THIS EVENING. OLYMPIC THEATRE, Broadway.—Humpry DuMerr, witt New Pratcnrs. BROADMAT THEATRE, E Brondwa; .—VioTiMs -SGLON Surve.n. NEW YORK THEATRE, Broadway.—Ti piaw, Fo EATRE, way. THR PLIBIAN NIBLO'S GARDEN, Broadw: ‘FRAVAGANZA OF THR FoRTY BOWERY THEATRE, .—Tue Brar—Seein- TON Wirwess- Norn LASS, ‘Tur BUG.LEEQUB Ex- VER. GRAND OPERA HOUSE, corner ot Eiguth avenae and id street..—La PRBICUOLR. or - FRENCH THEATRE, Fourtecath street and Sixth ave- nye.—FLevr ve Tur. WALLACK’S TITRATRE, Broadway and 13th street. — Mvou Ano Axovr NorTurna. PROUGHAM'S THEATRE, Twonty-fouth st-ArvTRR Lark Taan NevEn—DRamatio REVIEW FOR 1a, WOOD'S MUSEUM AND THEATRE, Thirtiet sheet and Broadway.—vAtternoon and evening Performance. THE TAMMANY, Pourteonth street Tun Risuey JAPANESE Tuowrn, £0. JONWAY'S PARK THEATRE, Brookiyn.— THEATRE GONTOUE, $14 Brondway.—Cowte SXETCHRS anp LivinG Sra TuEs—PLv SAN FRANCISCO MINSTRELS, 5% Broadway.—Era1o- PLAN ENTERTAUN MENTS, SINGING, DANCING, ae. BRYANTS' OPERA HOUSE, ‘Tammany Building, Mth stregt.—ErHtortan MINSTERLBY, £0. ‘TONY PASTOR'S OPERA Hi Vooatisu, NEGZO MINS: NRW YORK CIRCUS, th street. —EQuESTRIAN AND GYMNASTIO ENTERTAINMENT. 201 Bowery.—Camic ce HOOLRY'S 0} Brooklyn.—Hoorey's MunerRELs—Angre. HOOLEW'S (E. D.) OPERA HOUSE, Witliamsburg.— Hoovey'’s Mixor2kLs—Dipn't | Move Him, do. NAW YORK MUSEUM OF ANATOMY, 618 Broad = BciENCE AND ART. eng _. The Dat.y Hgraxp will be sent to subscribers for one dollar 4 month. The postage being only thirty-five cents a quarter, country subscribers by this arrangement can receive the Hexa.o at the same price it is furnished in the oe 2 = B - 3 w s . Earepe. ‘The cable telegrams are dated January 31. The Russian government urges Greece to agree to the proposition of the Paris Conference for the set ‘Uement of the existing disputes between that coum try and the Ottoman empire. It is thought that Greece will comply. The Papal Nuncio is avout to withdraw from Madrid. The treatment to which he has been sub- Jected is regarded in a most unfavorable light by the foreign representatives, and they have protested ‘Against the indignities offered to hun. Hayti. The French Admiral at Port an Prince has com- pelled the Haytien government to surrender two French vessels that nad been seized for running the blockade of St. Marc. He claims that the blockade is not effective, It tg belleved that Aux Cayes, Jacmel and Jerimie, now in the hands of the revoln- Uouists, will soon be obliged to surrender. Business is reviving in Port aa Prince, Miscellaneons. General Grant will visit New York again naxt Thursday, as the guest of Mr. Hamitton Fish. + The Comptrotier of the Currency, mm answer to @ resolution of inquiry, informs the House of Representatives that the amount of gold interest government securities received in exohange ior the Pacific Railroud bonds is $12,632,000. The exchange was made under the Gecision in 1865 that the railroad bonds were legally receivan) rity for the cirenlation of national banks, and they are now, says the Comptroller, the best security for that purpose beld by the ‘Treasurer, The House Military Committee on Saturday heard the views of Generals Thomas, ‘Terry, Ingalls and Thrie on the subject of a consolidation of the quar- termaster’s, commissary and pay departments of the army. It is believed the committee will report fa- Vorably gp tie project. he amount pf bonds issued to the Pacific rail- Toads to January Was $40,007,000, of which $1,168,626 haa been repaid by the earnings of the road. ~ The department clerks ip Washington are now striving for an increase of ten per cent on their present compensation, the failure of the twenty per cent movement having induced U.em to make a more modest demand. * Batley, who killed his wife's jover at Napiervilie, LiL, some time ago, is said to have ruined the wife of a mechanic m Marengo, lowa, as lately as last No- vember. A Davenport paper suggests that the Ma- rengo mechanic should now kiil Bailey. An inqnest on the body of Samuel Butler, a crip- pled soldier who was found dead in front of a grog- gery io Newark on Fridaygmorning, was held in that city yesterday. I was shown that McGuire, the Proprietor of the store, put Butler out after he had drank several times. The Coroner held hit ig $500 bail, ‘The City. In the Holy Trinity church tn Brooklyn yesterday morning Bishop Littiejoha, of the diocese of Long Island, delivered his first sermon since his consecra- tion. Dr. Thompson preached at the Tabernacle Bap- tist charch im Sixth avennve on the efficacy of prayer. Rev. Dr. fMolme detivered a sermon at the Trinity Baptist church in Third avenue on “ money-get- ting.” "Bishop niversity discoursed on “The of Life aad of Damnation,” in 5 subject in chureh on the San- Tiree negroes-engagen in a fracas at the corner of Nroome aud Laurens streets yesterday morning, when two of them, brothers, were seriously Injared by stab wounds at the hand of the third one, One of them ia probably wounded fatally. Prominent Arrivals tu the City. Attorney General Huggan, of Idaho Territory; ‘Thontas Grinpell, of Baltimore: General Kannard, of Vermont, and Professor Ford, of Michigan, ate at the Metropoliten Hotel. General Sehouler, of Boston; M. J. Jt. Jackron, of Philadeiplila, and O. H. Preemau, of Portland, Ma., are at the Westuninster Hotel. 1, J. Toyd, J2., af Albany, and 8, Stebbins, of Danbury, Conn., are at the Westmoreland Hotel. Royd Vincent, of Brie, Pa.; Frederick B. Chamber- fain, of Toronto; Charles H, Trask, of Boston, and Chuties N. Pitzmathbew, of Missouri, ate at the larendon tHotel. 7 R. Fowler, of Baittmore; J. W. Pierce, and George Knight, of Boston, and T. W. 0. Brown, of Ogdens- barg, ate at the Fifth Avenue Hotel. General Brennan, of the United States Army; John Hay, of lilinois, and Goorge B. Tivvetts, of Troy, are ot tho Homman House. cn ane NEW YORK HERALD MONDAY, FEBRUARY 1, ann» -—eeenen ne en rte nema eaatai ata ACCC tC CEE EE ELLE EO ete 1869. Tho Onbimet Makers and tho Cebiucte [ aaliba a-onon encteunas Mr. E. B, Wash- The Telogrevh Mlonopoly—Demaging Dix, | Specie Payment Delusions and Vagaries. Mado for General Grant. A remarkable event took place in Washing- ton the other day. It was sent abroad forth- with on the wings of the lightning to the four winds of heaven as a matter of startling im- port to all mankiod. Itwasnot an earthquake, burying the two houses of Congress in the ruins of the Capitol; nor a mighty whirlwind, catching up Andy Johnson from the garden of the White House and bearing him up into the skies like the prophet Elijah; nor was ita bill from the Hon. John Morrissey to suppress the gamblers of Wall street; nor the myste- rious murder of some belated darky by the Ku Klux Klan; but it was something of greater moment than an earthquake, a whirl- wind, a bill from Morrissey, or the midnight murder of another obnoxious nigger. It was the voluntary and unexpected visit of General Grant to the House of Representatives, and a confidential conversation there in a corner be- tween him and the Hon. James F. Wilson, of Iowa. Why this visit? Unquestionably it was on some important matter of business. Why this private conference with Mr. Wilson, of lowa? What else could it be for than to an- nounce to said Wilson that he has been chosen by the President elect for a place in his Cabinet? The circumstantial evidence in the case is conclusive. Wilson is on the Cabinet slate of Grant. So be it. This makes one. We want six more to fillup the new ministry. Where are we to get them? We are compelled to turn to General Grant's volunteer Cabinet makers, and to some of the numerous Cabinets they have nominated, for the information of our readers and General Grant himself. The latest Cabi- net from Dana, of the mixed national, State and corporation firm-of Stanton, Dana, Conk- ling, Hoffman and Sweeny, is thus made up :— For Secretary of State—Kawin M. Stanton, D. C. Treasury—C, 3. Bontwell, of Massachusetts, War—John A. Rawlins, of Grant’s sta. A. Griswold, of New York. . Oresweil, of Maryland. Post Office—J. R. Hawley, of Connecticut. Attorney Generali—John F. Wilson, of lowa. Dana says ‘‘this is a very good list, and the name at the head is especially satisfactory”— an opinion which ia natural enough from Stanton’s Assistant Secretary of War. Dana informs us, furthermore, that if Greeley and the chief of the Washburnes are omitted in this make-up it is because the ove is to flourish in a new white coat at the Palace of St. James, while the other is to be detsiled to study the mysteries of Paris. But the Cinoin- nati Commercial makes another disposition of these two characters in ae Suowine cast :— State—Kawin M. Stant Treasury—David A. Wella ot iene York, Interior—¥, B. Washburne, of Iitinois, Navy—Rodert C, Schenck, of Ohio. War—J. M. Schofield, United States Army. Post Ofice—Horace Greeley, of New York. ES last Genevral—Eawards Pierrepont, of New ‘ork. This schedule, with three members from New York, is clearly out of the question, unless something extra may be considered as due to this State i in honor of Seymour and the Tammany Convention. And yet New York has other Cabinet candidates, with better chances, perhaps, than either of the three aforesaid, to say nothing of Morgan. There fs A. T. Stewart, at whose house General Grant has taken breakfast; there is Marshall O’Roberts, at whose house a special ten thousand dollar festival was given in honor of Grant, in- clnding the Appomattox apple tree; there is the present Attorney General Evarts (the de- ei iz mit Johnson), at whose dinner, e New Y< Yor! lawyers, General ono was the lion of the’ “evening; and go there is Hamilton Fish, whose guest, it given out, General Grant this week will be e three days and three nights. If New York is to furnish the whole of the new Cabinet, here are the men; but if she is to have only one member his name will probably be discovered after General Grant's three days with Mr. Fish. But here is another of the Cabinets Sgrenaypcoes for the new administration :— For Secretary of State—Soin Lothrop Motley, or Charles F. Adams, of Massachusetts, Treasury—W, P, Fessenden. Maine, War-—W. T. Sherman, Misson . Ohio, Postmaster General—A. Ge Jurtin, Pennsyivante Atiorney Gavral—J. ¥, Wilson, lows. Then there are other availables in Massa- chusetts, such ag Wilson, Banks and Butler, and then from the forty or fifty outgoing mem- bers of Congress there are some not mentioned by the Cabinet makers who wre at the service of Grant. All taken together there is a list of expectants and probabilities of one, two or three hundred, from which the General may pick and choose. Having chosen one, how- ever, he only wants half « dozen to fill up his Cabinet, so that the difficulty of satisfying Bill without offending Tom, Dick and Harry, is apparent. When Lincoln first came in he had 2 comparatively easy task. He saw at once that the men for his Cabinet were his com- petitors for the Presidency in the Chicago Con- vention—Seward, Chase, Cameron and Bates, for instance—and he acted accordingly. But Grant, without a competitor at Chicago, has no such guidebook. It ix thonght, however, that he must do something for “Old Ben Wade,” asa competitor of Colfax, and that the President elect would have, in the same view, to provide for Fenton, if the New York Legis- latnre had not kindly relieved him of this dim. culty, together with Morgan. As for Stanton, it is possible that Raymond's cock and ball story relating to Banks and Grant in the Vicksburg campaign, as a flank movement against Stanton, from the Johnson, Seward, Weed and Raymond clique, may bring the ex-Secretary of War into the fore- groand, At all events, it is quite likely that General Grant has not derived much informa- tion from these late Vicksburg disclosures, We think it likely, too, that General Grant will choose a new Cabinet out and ont, with- out a single atick of timber from Johnson, ex- cepting, perhaps, Schofleld as Secretary of War. But if Schofield, they say, cannot con- tinue to be a Cabinet officer without giving up his position in the army, be will give up the Cabinet, Doubtless with or before the inangurntion of President Grant all the members of the present Cabinet, from Seward to Evarts, will deliver up t him their respective departments, although, under the Tenure of Office law, he may retain them for a month in their places, but no longer, without submitting their names or the name of any he may choose to continue to the Senate. We presnme, however, that President Grant, on the 4tb or Sth of March, will submit to the Senate a new Cabinot in fall (excepting. perkaps, Sobofield), and that it burne, it is understood, does mot wish to un- dertake any Cabinet drudgery in any depart- ment. Hig health will not permit it, Bu: he does like the climate of France and the cooks of Paris, Accordingly he is studying French in the evening with a master and during the day without a master, andis gotting on very well. Admiral Porter, ramor says, on his ex- pectations of the Navy Department has in- vested fifty thousand dollars of his peize money in a house in Washington, and we must stick a pin here to mark another probability. But there is a margin yet remaining to General Grant of four weeks and three days to look about bim. We expect him here in a day or two—say Thursday, at the furthest—and when he shall have had a congultation with Mr. Fish, a talk with Fenton, a look into Wall street, a visit to the French Opera of the Erie Railway and a drive or two ta the High Bridge, we shall, perhaps, learn that Greeley has been singled out for special annexation commissioner to Hayti, and Dana as Governor of Alaska, where he can keep cool all the year round, Growth of the City. The marvellous growth of New York city is unmistakably indicated by the facts that dur- ing the past year five hundred new buildings, most of which are dwelling houses, have been erected at a cost varying fram two thousand to fifty thousand dollars each; that seven churches, two schoolhouses, two banks and several exteusive manufactories have also been erected ata still higher range of expense ; that during the same time the city has nearly built one railroad nine miles, long, and has laid thirteen miles of water maios and many im- portant sewers, and that the aggregate esti- mated cost of newly projected buildings, the plans and specifications of which have been submitted, examined and approved by Super- intendent McGregor since January 21, is five hundred and eighty-two thousand dollars. We presented on Friday last a brief descrip- tive table of these new buildings. But who shall venture to describe the in- calculable growth of the city in wiekedness as well as in wealth, population and power? New York has grown great in all these latter respects. It is destined yearly to grow still greater in those opportunities of obtaining lucrative employment, of accumulating riches and of securing mental improvement, or at least mental enjoyment, collision and sympa- thy, which the first rate workman, the enter- prising merchant and manufacturer and ambi- tions men of letters and science generally think they can find nowhere else but in a great metropolis. But it is lamentably true that the ‘ growth of the city is monstrous in all shapes of crime—in thieving on a potty and on a grand scale, in counterfeiting, in forgery, in gambling, in lottery and gift enterprise swindling, in perjury, in gigantic whiskey frauds, in burglary, arson, kidnapping and murder—as well asin gross and all-control- ling selfishness, in utter recklessness of the public good in comparison with the attainment of party spoils, in the ‘“‘fretting leprosy” of political corruption. Both in evil and in good the growth of the city has been astonn ding. Illinois Ashamed of Chicago. On Saturday, a¢vording to a despatch from Chicago, a bill was introduced into the State Legislature of Illinois and passed by a vote of seventy-eight to nine, the object of which bill being to separate the city of Chicago from the State of Illinois and to hand it over to Indiana. What does this mean? We know that it has been more than once suggested that New York city, including Long Island, Staten Island and Coney Island, should be cut off from New York State and constituted a separate State. This is intelligible. New York State is republican. New York city and the Adjacent islands are democratic. No such difference, however, ex- ists between Chicago and the State of Mlinois. The city is quite as strongly republican as the State. What can this proposed separation mean? We can only understand it by sup- posing that the iniquity of Chicago has become 80 monstrous, so glaring and offensive that the sober and order-loving people of the State, filled with righteous indignation, are deter- mined that the odiam shall no longer in any sense attach to them. Chicago is to be aban- doned to her fate. If there be any righteous Lotin this doomed city of the Plain it is time he were fleeing to Zoar. The Theatres This Evening. We are to have some new sensations among onr theatrical novelties of this evening. First, beginning on the west side, we are to have the new opéra bouffe of ‘Flour de The”—Chi- nege scenes, characters and costumes—at the French theatre, a musical and spectacular Piece, which, they say, eclipses even “CGene- vitve de Brabant.” Grau has spent a mint of money in its equipment, and defies even the Erie Railway kings to approach him. Second, we are to hava, in aatyle of splendor and ele- gance heretofore unknown, the splendid gomedy of Shakspeare, “Much Ado About Nothing,” at Wallack’s, To the devotee of the legitimate drama this will be a rare treat. Third, with a0 oriental gorgeonsnesa of bean- tiful things, we are to have the inauguration of the “Forty Thieves” at Niblo's, gotten up at a cost of thirty-eight thousand dollars, ac- cording to the advertisement, or, in round numbers and in greenbacks, say forty thousand dollars. Next, according to the bill, we are to have, at Wood's Musenm, ‘‘an unprecedented combination of attractions” in “Ye Field of Ye Cloth of Gold.” These, with the stunning fascinations at our varions other places of amusement, as described in our advertising columns, are surely glory enough for one night, and that oight the first of the shortest month in the Constrrotional. Awespwent Agron Frr- TREN.—-The new amendment proposed to the constitution, providing for universal or “man- hood suffrage,” regardless of race, color or previous condition of servitude, passed the House of Representatives on Saturtay last by the required two-thirds vote--yeas 150, nays 42—nnd doubtless within a few days hence will by the reqnired two-thirds pass the Sen- | ate. It will then be submitted to the several States, aod the popular fight aver it will begin in Connecticut, the democrats there having boldly declared against the surrender of the suffrage question by the State. We gnons, however, that this suffrage revolution will have to run ite course. closares. We have frequently demonstrated that the entire value of the telegraph lines existing in the United States does not exceed ten millions of dollars. The larger part of these lines is owned by the Western Union Company, which has had no mercy upon the public either in in- flating the original stock of the company or in charging heavy prices for the transmission of messages that dividends might be declared upon these heavy inflations. One of the most stupendous of the stock- watering operations of the Western Union ever consummated outside of the doubling of its whole capital, from eleven to twenty-two mil- lions of dollars, was embraced fn the purchase and consolidation of the Pacific lines. The original cost of the overland ling to California was four hundred and thirty thousand dollars, and this was turned into the capacious maw of the Western Union manipulators at three mil- lion three hundred and thirty-three thousand dollars, or more than six times the actual value of the fine, But what were the results? The company blow this tole- graphic bubble into such brilliant colors that even the genecal government was pleased with its smooth aud well rounded proportions. Congress, therefore, invested in it for several years, in the form of a subsidy, forty thousand dollars of the public treasure, This is a fact not generally known. Besides thia extortion the company bas received an annual bonus from the State of California for the same line. Of course these amounts have been squeezed out of the people on the plea of poverty and under the pretence that it does not pay to keep the Pacific line working, but that the Western Union is generously anxious to extend to the- people of California telegraphic facilities at a pecuniary loss to the company. This is a charming little financial deception—a little touch of romance with which the Western Union managers have entertained the gullible public while they loosened government and private purse strings, rolling ap thereby large profits, so-called in the Western Union company, but classified differently in the Sing Sing diction- ary. The truth is, the Pacific fine has paid better than any other portion of the Western Union wires, and the profits out of the exor- bitant rates extorted from those who use that line are enormous. We have the best infor- mation that the receipts at the Pacific end will reach five hundred thousand dollars the pres- ent year. At this end the receipts are more than that amount, making the gross earnings of the Pacific line above one million dollars in twelve months. Here, then, are some substantial facts worthy of consideration. There can be no just rea- son why the general government or the State of California should pay a dollar out of its public moneys ag a subsidy to the Pacific line, and the sturdy Western Union beggars should be driven from the door of theirtreasuries, as an able bodied pauper is driven from the alme- house gate. If the general and State govern- menta are to be bled annually to help pay dividends upon enormously inflated telegraphic stock, it were far better and more economical at once to take possession of the business and attach it to the Post Office Department. Our watchful representatives, ‘like B. B. Washburne, should look sharply after this matter, and see that no tore forty thousand dollar appropria- tions are “auffered to creep into the omnibus bill, or any other, in the last hours of the ses- sion, to increase the wealth of the telegraph monopolists. “The greatest good to the greatest number” isthe basis of our form of government, and we are little disposed to surrender the princi- ple to a telegraphic ring, These prey upon the public wants and subvert to ignoble ends the general interests of the com- monity. There is no one interest in the United States so common to man, woman and child as the telegraph, and every man, woman and child should be directly a stock- holder in the telegraph business, ag they are in postal communications. The asual ery of all rings is, in case of an attack upon a monoply, “the government cannot interfere with the rights of private citizens.” Our government is the people, and how much more pertinent is the retort that a private ring cannot interfere with the rights of the government. The Post Office Department sends money drafts through its offices—in fact, does one branch of a regular banking business for the public good—and yet we have never known of a combination of banking houses making a complaint that they are the sole owners of the right to send or to cash a draft. The people are becoming edu- cated lo the facts we constantly present to them. They see that we labor for the general good in our efforts to break down the mono- poly of telegraphic communication. We want the cheapest, most certain and rapid trans- mission of thought that can be given, and we want it shaped upon the basis of our govern- mental system. We want no dictation as to how much or bow little we may communicate with our friends. There is but one dictatorial power to which we bow, and that is the power of the people. The people have declared that the telegraphic monoply shall disap pear—and it shall disappear, GeveraL Grane anp THe Propostp Inaus @vRAtTion Batt.—The Washington officehold- ers and toadies are in a terrible state of sur- prise and disappointment at the peremptory refusal of General Grant to favor or even to attend an inauguration ball. The negro wor- shippers, too, are greatly disappointed; for they had calculated upon testing their Jacobin theory of equality by introducing Sambo and Dinah into the ballroom to dance with the President and the ladies and gentlemen of Washington society, General Grant has had shrewdness enongh to see the object of these toadies and Jacobins, and refuses to favor or attend « ball. The people will admire his good sense and firmness. The President elect evidently knows what he is about, aad is he- ginning right. Tor Larest Frtron Ferry Acoment.— The fog of Saturday forenoon and the collision which took place on the New York side between the Columbia and the Mineola furnish fresh proof that a bridge has become an absolute necessity. We cannot prevent fogs, We canmot prevent ice. Tce and fog, eo long as wearo dependent onthe ferrybont, bring as imoonvenience and danger. Lot the bridee he commenced at on0e. { Almost every member of Congress deems it his duty to dabble in questions of currency and national finance, yet soarcely one knows eny- thing about them. Every one has a nostrum of his own 60 care regl or imaginary evils, and generally to oure imaginary evils only. Often those who are most ignorant of a sub- ject talk the loudest about it—aa, for example, quack doctors, who are far more loquacious aud presumptious than the ekilful practitioner. Tt Is the same with the financial quacks in Congress. General Butler grasps the subject, ashe does most subjects, with greater ability than his golleagues, Some rays of light have reached bis mind, though he is groping in com- parative darkness and inan unexplored region of theory, As to Mr. Sherman, who has taken the lead in the Senate on the questions of cur- rency and finagce, his notions are crude and impracticable. Ho only echoes the old bullion- ist theories and is morely the special ploader of the bondholding interest—of Jay Cooke and the other large bondholders—who clamor for resumption of spacie payments in order that their wealth may be increased thirty to thirty- five per cent. Senator Morton and others are running after an ignis fatuus without having the least idea where they are going or the danger ahead. Of the hundred schemes to reach specie payments and to place the finances on a good foundation, there is not one that shows statemanship or ia adapted to the pecu- liar circumstances in which wa are placed, All this arises from the foolish attempts to ignore or subvert the laws of nature and trade. There in a morbid desire ta be doing some- thing where no action is needed and where the legs done would be best. Our financial doctors are, as we said, like quacks, who want to be experimenting upon a patient at the risk of hia life, and when he would be bet- ter without their nostrums, Mr. MaCulloch, who is about the greatest quack of all, tried his nostrum of contraction till the country protested in agony and fear against the fatal treatment; still he did not learn anything from experience, but continues to reiterate the insane ery of ‘‘on to specie payments.” It is 80, too, with all the resumption theorists. They cannot gee beyond their noses; thay do not reason; they merely copy the British bullion- ists and repeat over and over again the hack- neyed expressions about hard money and resumption, without comprehending the his- tory of the disasters which befell England in the efforts to force specie payments or the con- sequence of such a policy to ourselves. This idea of specie payments is a delusion. Strictly speaking, specie payment has never existed here and doos not exist in Europe. There {s not specie enough in this country or in England to do a twentieth part of the busi- ness. Indeed it is doubtful if there is gold and silver enough in the whole country to do ‘the daily business of New York city alone. All commercial and trading transactions are_done. with. paper, except in making up the little balances. The ourrency of the world is paper, in one shape or another, and must continue to be #o. Sometimes it is in government legal tenders, as in this country in part, sometimes in bank notes, as those of the Bank of England, or of our national banks, and sometimes in the notes of individuals or comipaniea. Specie only serves to represent and to pay the balances betweon nations or business communities, * It is a sort of clearing house balance operating in the same manner as the weekly balances of bank checks by our New York Clearing House do. «Even then specie is not often used. It is enough to know that there is sufficient for that purpose, or that the credit of those owing balances is as good as gold. In fact, specie is never wanted or called for when people know it can be had, for it is far less convenient to handle than paper. And when there is a crisis arising from great com- mercial disasters, frora war or from any other cause, and people demand specie, it can not be had. There never is, as we said, sufficient in a country to meet such a demand. Of course suspension follows. This has occurred several times in the United States, and occurs in other countries as well. We see, then, that in what are called specie paying times that state of things exists simply because paper ts used and coin is not demanded, and that when- ever coin is demanded in a crisis it cannot be had, and suspension follows. What folly, then, to talk of specie payments as the normal condition of things. It is the greatest delusion. Why should there be such fuss about specie payments in this country? The country has hardly ever been more prosperous, and that notwithstanding the enormous burden of debt and taxation. The farming and planting in- terest, which is the foundation of @ nation’s prosperity, is flourishing and enlarging, while railroad, mining and other enterprises are growing and spreading rapidly. The working classes generally never had as mueh surplus money to deposit in savings banks, as is shown by the returns of these institutions. The evils of a paper currency are Imaginary; they exist not in reality. To disturb the cur- rency, to contract it and to attempt to force specie payments would bring ruin to the mass of the community, while the only people that might be benefited are the bondholders and the great capitalists. It is useless talking about specie payments while we have such an enormous and unfunded public debt. We must first fund the debt. at » low rate of inter- est, place it under a certain process of liqui- dation and greatly reduce the expenditures of the government. Then, with the burdens of the people lightened, with the debt being paid and with the surprising growth of the country in population and wealth, we may reach what ts called, though erroneously, aspecie hasis, This, aud this only, is the true policy of the country with regard to, the currency and finances, Geyenat Boteer on THE SreaKeRsaiv.— General Butler rather surprised and amused the House of Representatives on Saturday by letting out some sacrets about the Speaker- shfp of the next Congress. He thought he would vote for Dawes, as that gentleman is from his State and & good man, though ft would be to his interest, he said, to vote for Blaine, as Blaine had promised to make him chairman of the Committees on Appropriations Instead of Washburne. He added, jocosely, that this arrangement might be bad for Grant's admin- istration, because if be were placed at the bead of that committee he would ot course foel it his duty to cut down all the appropria- tions a6 low as possible, Butler ip « power ta Congross, and he knows it, Mombers are‘ looking to him as a leader, but if he is going te blurt out secrets in this manner they had bet- ter be careful how they propose bergains with him. 5 Wirsprawy.—Mr. Collector Smythe, it is reported, has requested the President to with- draw his nomination as Minister to Russia. Put not your trust in Senstors. A Budget of Crime. As the days advance crime seems to multi- ply. Murderous assaults, homicides, suicides ~ are on the increase all over thecountry. Law- lessness has become a characteristic of the country. Many causes, no doubt, contribute to this, One of these causes unquestionably is tobe found in the demoralizing influences of the late war. It has always been #0. ' It ever will be ao, so long as human nature remaine what it is. Another cause isthe leniency with which crime is treated. In great emergencies extreme measures are not only justifiable, but loudly called for. The cure for the growing evil is very much in the hands of our judges and our State governors. By all means let thelaw be executed. Tenderness for great criminals is at the best mistakea humanity. Let our fashionable congrogations also see to it that they are doing their duty. Who can say that they are? If ever a “tongue of fire”, were necessary it is necessary now. ‘The lawlessness is not confined to the lower orders of the people. The vice which is sapping the foundations of order and goodness is to be faund not alone amid the filth and squalor of the basements and cellars of our lanes and alleys, but sitting in cushioned ease and princely splendor in our palatial mansions. To put down this reign of terror we need both law and gospel—the strong hand of justice’ and the tongue of fire. +, A Wise Deorsion.—Ex-Governor Hawley, Nominated for Congress in Connecticut, de clines the honor, preferring the more agreea— ble position of conductor of an independent public journal. Spoken, General, Hke am honest soldier'and an independent man. Mors Fartuguakes.—Slight shocks of earth- qnakes have been disturbing the good people’ of San Francisco for the last two or three days. The subterranean powers over therd are perhaps getting ready for the opening of the Pacific Railroad. CITY INTELLIGENCE. TuR WRATHER YRSTHRDAY.—The folowing record! will show the changes in the temperature for -four hours, a8 indicated by the thermo jadnut’s past twent meter at armacy, HERALD one nn sirect:— 42 3 verage tomperature. . Average temperature Saturaay ArrgupreD Suiciog.—Yosterday morn Henri etta Jones, aged forty yéars, dwelling at No. 118 Forsyth street, attempted to pnt an end to her exist- ence by epsng. into the river at the foot of pees rescued aud taken to her residence’ BY offices Yenger, of the Bighteenth precinct. . Wan in Avatca,—Yesterday afternoon, at No. 17, Jersey street, Abner Pierce, a negro of smati atat- ure, got into an altercation with a powerfully structed wench of the same hue, named Smyth, During the fracas that followed Liasie eased herself of age ge Frag ororenpiew orci wound on Abner’s head, w! great loner prs was not much cniureds The wenc! was arrested, but disc! ‘od, a8 tae forgiving Abner declined to prefer a complaint. Suppen Deara ws a Sration House.—About seven o'clock last night an unknown man was found’ in Hudson street in an apparently intoxicated dition and locked up at the Twenty-cighth preciace station house. A few minutes after, the doorman! discovered that he was dy! Dr. Pied 33 the Central office, was called, but before he ari the man was dead. The hd 18 gt the ie opinion ak th: he died of apoplexy. man 13 3) twenty-eight years of about five rect te mcf unehaa In height, no Whiskers, slight sandy mustache, 1 curly hair, and wore ‘.. black sack coat, vest an pants, white linen shirt; quite musculat in builds An inquest will be heid Tux PaRk METEOROLOGICAL Rerort.—The report of the Central Park Meteorological Department for, the week ending January 30 shows that the weekly, mean of the barometer was 29.866, the maximum, at nine o'clock I’. M. of the 26th, being 30.208, end the minimum, at nine P. M. of Jannary 24, 20.5! giving a range of 0.636. Tho thermometrical met for the same period was 37.58, but the extremes: temperature were remarkable. The maximum Ww: attained at two P, M. of the yt and_ indicated degrees, while the minimum, at a is the 26th,’ was 11 degrees, showmg a variation of 43 degrees Rain fell on the 29th, having a duration of six hours and forty minutes and a depth of 0.47 inches. MAVSTERIOUS AND DARING ROBBERY ON BROADWAY. A Man’s Room Entered=The Man RBuckod and Gagged and Robbed of $10,000. Last right about seven o'clock Mr. William Mi was seated in the suit of rooms of a friend on the southeast corner of Broadway and Prince street, awaiting the return of the proprietor, who had tem- porarily absented himself, when the door was un- locked from the outside, as he supposed by his friend! ‘There was no light in the room beyond the dali rays thrown in through the window by the fickering street lamp, but this exhibited to his atrighted vistoa| the forms of three men approaching towards the window where he sat with a large knife brandiahed! over him. On arriving in front of him one of thems Taised the glittering blade and ordered him not to move, resist or give an alarm, or he would kill him. Mr. Morey, profiting by the Bap yg of Mr. ) raahness in Racrificing his life by resistan remained passive and permitted himself to be buck and \. ‘Thu accomplished the rufans ge awa, to jorey found a wallet containing ferred to their own ie: the loan of his valuable woud Watch and chain. One of them admired a valuable solitaire diamond ring that sparkled in the gaslight; and, retnoving 16 from Morey’s finger, tried it upon his ee and, as it exactly fitted, he conotuded let it remain in its new quarters. While _— fa mteyraen w Abd pr apeogee vk d at jan pol and with maay apologies relieved Morey, who at this time was more dead than alive: tht fear, Of a valuable diamond pin. Hat secured everything of value about his person excey his clothing, the thieves wished him a very good! night, retired with their booty, relocked the door, and carried off the Keys. The facts of the rob Were soon after reported to the Central office by Mr.’ Morey, who remained bound for some time after the} departure of the robbers before aasistance arrived. As it was quite dark in the room he was unable to gee more than the dim ontline of the men, and there- fore can give no description to lead to the discovery of the perpetrators of tis last hee ‘The Jateves| were evidenyy well posted as to the means of enter-' ing the roa a4 Weil as Mr. Moreyta halite, as or had duplicate keys of the doors and effected en easy entry. detectives have been put uj the trail of, the Ling wut the property ts likely beyond their reac ere BONDED WAREHOUSE. GURGLARS. Some me during Saturday night the cover over the coal hale in the sidewalk in front of the ware- house 13 Stone street, occupied by McMurray & Vat- lerson, was forced open by a gang of burglars. The thieves then entered the cellar and basement, gatn- ing accesa to the fitst and upper Moors by forcing up - the rap doors in hood pg te pepe wee 4! ihseareed ve le vine art pot pee