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- 6 NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR All business or news. letter and telegraphic despatches must be addressed New Yore Higracp. Letters and packages should be properly sealed. Volume XXXIV.-cssssececcsssesesesesessN@e CO AMUSEMENTS THIS EVENING. CK’S THEATRE, Broadway and Usth sireet.. Mua Abo AuooT Nowuixa, ; 7 BROUGHAM'’S THEATRE, Twenty-fourth st—JEnNyY LinD—P0-C4-HON-TAB, OLYMPIC THEATRE. Broadway.—Homurrr Domrrr, with NEW FRaTURES BOWERY THEATRE, Bowery.—FoOtMaRKS IN THR Snow—DoG OF THE Pimare Sure. BROADWAY THEATRE. Broadway.—Famnon Srr— Warr or Ts Wisu-Tox-WIsH, ACADEMY OF MUSIC, Fourteenth street.—ITraian OrmRa—F Aust. ROOTH'S THEATRE, Twenty-third st., between 6th and 7th avs.-RoMZ0 any JULUET. NIBLO'S GARDEN, Broadway,—Tam Busissque Ex- ‘TRAVAGANZA OF Tak FoRTY THIEVES. FRENCH THEATRE, Fourteenth street and Sixth ave- nue.—GENEVIEVE DE BRABANT. WoOOD's MUSEUM AND THEATRE, Thirtieth street and Broadway.—Afteraoon aud evening Performance, RINKS, &C. MRS. F. B. CONWAY'S PARK THEATRE, Brooklyn.— Hensy DuNeaR—RUBTIO Puima Donna. WAVERLEY THEATRE, 220 Broadway.—Loucertta BoxGia—A PRETTY PIROE OF BUSINESS. THEATRE COMIQUE, $14 Broadway.—Comic SKETCUE 8 AND LIVUNG STATUES—PLU10. SAN FRANCISCO MINSTRELS, 585 Broadway.—ETH1o PAN ENTERTAINMENTS—SIRGB OF THE BLONDES. BRYANTS' OPERA HOUSE, Tammany Building, Mtb street.—E1HIOPIAN MINBSTRELSY, 40. TONY PASTOR'S OPERA HO'SE, 201 Bowery.—Comio VOCALIsa, NEGRO MINSTRELSY, &c. NEW YORK CIRCUS, Fourteenth street.—EQugsTRian anp GruNasTiC ENTERTAINMENT. HOOLEY’S OPERA HOUSE, Brooklyn.—Hootar's Muxer2eL6—Tuz TICKET TAKER, &C. UM OF ANATOMY, 618 Broadway.— NEW YORK BOIENOR AND At TRIPLE SHEET. pehigate oy Monday, March 1, 1869. Notice to Herald Carriers and News Dealers. Heratp carriers and news dealers are in- formed that they can now procure the requisite number of copies direct from this office without delay. All complaints of “‘short counts” and spoiled sheets must be made to the Superintendent in the counting-room of the Hzratp establish- ment. Newsmen who have received spoiled papers from the HzRatp office, are requested to re- turn the same, with proof that they were obtained from here direct, and have their money refunded. Spoiled sheets must not be sold to readers of the Heratp. MONTHLY SUBSCRIPTIONS. The Darty Hsxavp 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. THA NBwWs. The cable telegrams are dated February 28. M. Raymond Theodore Troplong, President of the French Senate, died on Saturday last. The Spanish Minister to England has been in- structed to proceed to the United States to settle any dimculties which may arise out of the Cuban insar- rection. An insurrection was attempted in Barce- Jona, Spain, last week, but it was quickly sup- pressed. Cuba, It ts reported that several prisoners and insurgents who had accepted the amnesty have been shot by the Spaniards in the interior. The trouble with the volunteers in Santiago had been quieted. Mr. N. Hall, of Matanzas, was acting as American Consul at Havana. Strong reinforcements for the Spaniards have arrived at Cienfuegos, A ramor prevailed that several bands of filibusters from the United States had landed near Remedios. Colombia. Our Panama letter is dated February 20. The question of taxation was still causing trouble in aspinwall, although it had been quietly allowed to rest in Panama. General T. Kilby Smith had sailed for New York to consult with the Washington autho- rities relative tothe taxes. The cattle taken on board @ Pacific Mail steamer for consumption at sea had been taxed three dollars per head, but the company had protested against its payment. Severe earth- quakes had occurred in Santander, an interior State, which lasted two days, knocking over churches ana even breaking up 4 rocky hill overlooking the town of La Robada. Numerous Jesuits exiled from Spain had arrived on the isthmus. Miscellaneous, General Van Allen, who arrived in Charleston recentiy in the yacht Henrietta from a visit to Cuba, has arrived in Washington and had a conversation ‘with General Grant on Cuban affairs. General Van Allen was the bearer of important documents from the revolutionists and was charged by them with the task of laying the true state of afairs before Con- gress and the President elect. The resuit has been geen in the numerous resolutions introduced of late in Congress relative to Cuba. Generai Grant has ex- pressed himself strongly in favor of recognizing Cuban inaependence, and says that Spain did us serious wrong {during the war by protecting and harboring rebel privateers and biockade runners, A Mr. McKennan, of Pennsylvania, who enter- tained General Grant some time ago, and whose father was @ Congressman and for four days heid the position of Secretary of the Interior under Gen- eral Taylor, arrived in Washington yesterday and ‘was met by General Grant’s private carriage at the Gepot and carried away to army headquarters, ‘This w basis enough for the belief among the poil- ticians there that the comgg maa from lennsy!- vania has arrived. ‘The religious services before the disabled soldiors at the Soldiers’ Home, near Washington, yesterday, consisted of readings by James E. Murdoch, the that he suggested to the Constitutional Convention of the State of Texas to fix the day of election as late tenths of the loyal people of the State, he says, are in favor of its division into two or three separate States, ‘The body of Wira was reinterred in the cemetery @t Washington yesterday near the grave of Mra. church, in avenue B, Rev. Father Mooney delivered sermon on the parable of “The Sower and the Seed.” The tin box stolen from the Park Bank, Brooklyn, on Saturday, was discovered by children among some loose hay in a basement tn Adelphi street yes- verday. The bonds were mussing, but numerous other papers of value to the bank, and none to the thief, remained. Prominent Arrivals fn the City. General Robinson, of the United States Army; Captain Edward Haile, of Florida; Charles M/ Levy, of San Francisco; Captain D. Douglass, of Panama; Judge James Jones, of New York; Professor Samuel Gardiner, of Washington, and Captain Candelot, of Paris, are at the Metropolitan Hotel. General Thomas Wilson, of the United States Army; Captain Allen Daniels, of Wilmington, N. ©., and Cotonel M. Hamlin, of Elmira, are at the St. Charles Hotel. i B, O. Westerfield, of Nashville, and W. P. Becker, of Montgomery, Ala., are at the Maltby House. Dr. Wallace, of St. Louis; T. R. Donaldson, of Toronto, and E. R. King, of Quebec, are at the St. Julien Hotel. Commander Hughes, of the United States Navy; Colonel O, Jones, of Albany; G. 3. Frost, of Detroit; J. M. Beal, of Boston, and W. Mason, of Toronto, are at the Fifth Avenue Hotel. Geueral Grant, His Cabinet and His Admin- istrationAnother Importaut Landmark Fixed, The great day—the day ‘‘big with the fate of Cesar and of Rome”—is close upon us. Before another Sabbath comes round the Cabinet of General Grant will not only be a fact accomplished, but a subject discussed from the St. Lawrence to the Sacramento, and on the Thames, the Seine and the Danube, and by the Sultan on the Golden Horn and the American traveller on the Nile. With a degree of confidence in the President elect never before surpassed the people of the United States, of all sections, creeds, colors and parties, await the change in the govern- ment from Johnson to Grant—from the last of the Bourbons to the first of a new dispensa- tion; from the dead things of the past to the living events and issues of the present and the future. An unquestioning belief prevails that from the good sense, the sagacity, patriotism and calm but resolute character of General Grant we shall have in his administration an epoch of pence, prosperity, progress and expansion far eclipsing the golden age of Rome. Meantime, we think it may be safely assumed that the new Cabinet will be chosen without the assistance of this clique or that clique of managing politicians in this or any other State; that. McClure has settled that question; that the Cabinet, excepting General Schofield as Secretary of War for a time, will be a new one; that one member will be taken per- haps from Massachusetts, in the name of the New England States; one from New York, one from Pennsylvania, one from Ohio, one from Illinois or Iowa, one perhaps from the Pacific slope, and one from the South. It is understood that the Pennsylvania man will not be that famous Irish born Scotch Presbyterian, Mr. George H. Stuart; and we have an intimation that the appointment may fall upon a worthy descendant of one of the first families of Philadelphia, distinguished in the naval service of the country before the age of steam and iron-clads; if ao, Pennsylvania will fall heir to the Navy Department, and Philadelphia will not be the loser thereby. The New York man, it is surmised, will not be Judge Pierrepont, from the remarks. of General Grant concerning him. We also incline to the opinion that New York; as the State which embraces the financial and com- mercial centre and settling house of the Con- tinent, will get a larger plum than the Attorney General—that, in short, from her superior claims, she has the best chance for the Treasury by all odds, now the most important position of all. The money question, in all its phases of debt, bonds, banks, taxes, internal and ex- ternal, will be the paramount question under Grant's administration. The War and the Navy Departments fall back againito the quiet routine of a peace establishment. The Interior Department, from the development and settle- mentof our extensive and wonderful Territories, rises to a department of the first magnitude; and the same may be said of the Post Office Department, in view of the new system, under the general supervision of Congress, demanded by this new age of steam and the telegraph. Under Lincoln, we are prepared to concede, the State Department did good service to the country in avoiding a conflict with England and France while we were involved in our fearful conflict of life or death with the ‘‘so- called Confederate States.” But under Grant the Seoretary of State will be expected by the American people to play a bolder game than that of sacrifices to foreign Powers for the sake of peace, and « broader one of expansion than that comprehended in the purchase of volcanic islands in the tropics and frozen con- tinents around the North Pole. For example, we believe that the dawdling on the Alabama claims and the do-nothing Mexican policy of Mr. Seward will be changed to something more practical, positive and decisive under General Grant. Nevertheless, as he has already intimated, the main objects of the new President will be “economy, retrenchment, a faithful collection of the public revenues and payment of the public debt.” Hence the surpassing import- ance of the right man for the Treasury, and there is something too, we think, in having him from the right quarter—the centre of our financial operations. The office and the time call not only for a practical financial states- man, of broad and comprehensive views, but for e man in the vigor of his physical strength ; for his labors will be those of Hercules, Like the ‘first Napoleon, however, we have seen that General Grant has a keen perception of | gard to the views of General Grant upon the the man for the place, and so we await in-con- Tho Insurrection in Cuba—Cencral Grant in Haver ef Cuban Independence. Washington despatches, received last night, furnish us with important information in re- subject of the independence of Cuba. It fidence the announcement of his Secretary of | appears that General Van Allen, who has just the Treasury. returned from a cruise among the West India In regard to reconstruction the position of | islands in the yacht Henrietta, had, during his the General was fixed in his trenchant cor- respondence with President Johnson of Febru- ary ® year ago. That correspondence dis- armed the two Houses and made Grant the republican candidate without further ocere- mony. But as his latest views of the suffrage question we have an important statement from callers upon the General, was Mr. Stewart, of Nevada, who had charge of the late constitu- tional amendment in the Senate, which, being adopted by both Houses, now goes to the States for ratification in the shape of a propo- sition denying to Congress and to the several States ‘any abridgment of the right to vote on account of race, color or previous condition of servitude.” Senator Stewart sounded Grant upon this subject, and the General responded that he “endorsed the amendment, and hoped the States would ratify it,” and ‘‘this state- ment, he desired all the gentlemen present to understand, was not for their private informa- tion alone, but for the whole country to hear.” This is a very important landmark of the new administration fixed. We have given it heretofore from good authority, as covering the views of General Grant on suffrage, and we proclaim it now as a settlement of the suffrage question. Supported by President Grant, that amendment will be ratified, and im- partial suffrage, with the power given to Congress to enforce it, will become the su- preme law of the land. His opposition would have raised a party convulsion and explo- sion; his hearty support settles this negro suffrage business. The great issues of the new administration, then, will be, first, the money question in all its bearings, and, second, our foreign relations, including the Alabama claims, Mexico and Cuba ; and we fully believe that under the man for the crisis all these things will be settled as ordained by “‘manifest destiny.” The War and the Press. General Slocum, recently elected to Con- gress from a Brooklyn district, lectured on the war the other night in Brooklyn, perhaps to make the acquaintance of his constituents. We suppose this-was the purpose, as the lec- ture itself discloses no other—telling us noth- ing new or specially interesting about the wer. The most notable point in the lecture is that the General went out of his way to say that the press was “a curse from the beginning to the close of the war.” This round slander on the agent that more than any other enabled the government to raise armies and money, and that kept the whole machinery of the war effi- cient and energetic by keeping all men’s acts constantly before the people, indicates the small mind of the thinker who finds the press defective in the exact degree in which it fails to take exclusive notice of his own astonish- ing achievements. The press is open to the reproach of having kept up the fame of many small generals, but that in the history of the war isthe worst that can be said of it. It was, in fact, a grand stimulating power, and it kept up to the true line of duty a govern- ment too much inclined to fanatical views and terribly disposed to blundering. This it did as nothing else could have done it, and it even counteracted much of the harm done by the politicians, with whom originated all the embar- rassments of the army. We should be pleased to see many generals lecturing on the war, and the collection of such lectures might be an important part of the history. General Slo- cum’s lecture could go in a chapter on the de- lusions of the army. Generat Banks For Speaker.—The with- drawal of Mr. Dawes, of Massachusetts, as candidate for Speaker of the new Congress has, it appears, induced the friends of Gene- ral Banks to bring him forward as a candi- date. And why not? Hoe has been fully tried as Speaker, and proved to be of the very first order. We doubt if the House of Repro- sentatives has ever had a better presiding officer since the time of Henry Clay than Speaker Banks. We have been somewhat sur- prised that he was not taken up at once by common consent of the old members as the very man for Speaker of the new House. As some reward for his services to the country and to General Grant in the war General Banks is also entitled to this distinction, his qualifications being of the first order. In every view we think the new House will act wisely in making General Banks its Speaker. More Trovptz ror Sanpy MoCrure.— It seems that both Judge Williams and Judge Agnew, of the Pennsylvania Supreme Court, deny that they have written letters to influence General Grant's selection of a Cabinet officer from Pennsylvania, as averred by McClure. What hubbub the latter has raised among the politicians of the Keystone State! “Litt Raopy” Burtprwe Up tae Sours.— Rhode Island is a small State, but she pro- duces men with sound heads, stout hearts and long purses. Senator Sprague, of that State, has just purchased an immense water power canal in Columbia, 8. C., on which he will soon commence a large cotton mill. A Southern exchange states that, besides this enterprise of Mr. Sprague, there aro several other large cotton factories being built in South Carolina, several in Georgia, three or four in Alabama, as many in Mississippi, and even Florida and Texas are moving in the same direction. If the South keeps on pro- gressing in this rapid way the whole manufac- turing system of the country will eventually be revolutionized, and New England, as she once did, favor free trade, and the South demand a protective tariff. Tak Lampooners or Presipent Joun- 80N.—Those editors and public men who are #0 vilely lampooning President Johnson upon his retirement from office should remember that on his return to Tennessee he may take @ new departure and re-enter the Capitol again as a United States Senator. What a sharp thorn he will be in the sides of the radicals in that event! There is such a thing as venom overshooting its mark, communicate to members of Congress, and, no doubt, was the inspiration of Senator Sherman's resolutions in- regard to Cuba which were presented in the Senate on Saturday and referred to the Committee on Foreign Relations. General Grant algo averred that we owed nothing to Spain, for the reason that she harbored the rebel cruisers and otherwise encouraged the rebel- lion during the dark hours of our struggle for national existence. Taking the public expres- sion of these views of the President elect—who within a few days will be in a position to en- force his opinions—in connection with the recent successes of the revolutionists in Cuba and the reported landing of American volun- teers at two points on the island, and it will be idle to deny that the doom of the ‘Queen of the Antilles” is sealed, and that her flag of in- dependence will in a brief period float from the towers of the Morro Castle. At this critical moment, as we learn by Atlantic cable despatch received last night, the Spanish government directs its Minister to England to proceed to the United States for the purpose of settling any difficulty arising from the Cuban insurrection. By the time that Minister arrives here we apprehend he will find he has undertaken a heavier job than he was aware of, if indeed he does not ascer- tain that, like the concessions of the Ducheas of Orleans in her extremity to the French revolutionists, he has come altogether ‘“‘too late.” Sailors? Snug Harbor=—The Good and the Evil of Philanthropy. There is in our midst an immense estate— perhaps scarcely second in value to the Trinity Church property—known as the Sailors’ Snug Harbor estate. This estate originated in a modest bequest made long ago by an old sailor whose heart was gently inclined to any other old sailor who might need to lay up from the storms of life, and who cared more for such fellow sailors than for any relations he may have had. His modest bequest has become a vast endowment, through the fact that a great city has run its principal streets through the fields he gave. All men will sympathize with the spirit and motives of the generous old tar. All can see the good he has done, and many can see a possible evil in it—the evil of the concentration of property in few hands. Gene- rous men give of what they have charitably and for the good of mankind; and for thirty or forty years the objects they have had in view are carried out. From that time the manage- ment of the money falls into the hands of men whose principal study is how to do something else than what the donor wanted done. In the case of the Sailors’ Snug Harbor it is hardly possible to misunderstand what Captain Randall left his money for; and if his thought were acted upon there is hardly @ bruised old tar speaking the English lan- guage but might be laid up in clover at the ex- pense of his estate, so rich has it now become. Yet in fact that estate does exceedingly little for the sailor, and does that little grudg- ingly and meanly, at the same time that the trustees chaffer whether they shall have thirty- six thousand dollars or more per annum ground rent for one small portion of the pro- perty. At the same time that the old captain’s object is defeated, that much of the good he intended is not done, all the possible evil of the concentration of wealth grows worse and worse, and a practical question arises for the public whether there should not be a limit to this. We have decided that we will not have property entailed on heirs because of this evil, and why then should we permit it to endowed institutions? The principle and the danger are the same. Togy Wast To Be Riaut.—Some of the Pennsylvania members have signed recom- mendations in favor of several different men for a place in Grant’s Cabinet, and Grant re- commends them not to sign any more. Tae Macrrm aNp THE PottticiaNs.—They have a magpie out West which, besides re- peating such phrases as it is especially in- structed in, sometimes ‘utters others, at the most unseasonable moments, that are alto- er unexpected. Ata little party the other y Maggie was given a piece of plain Johnny- cake when pound cake was on the table. It took the morsel in its claw, eyed it upon one side, then the other, and then scornfully cast it away, ejaculating, “Oh, thunder! it's nothing but Johnnycake.” The radical politi- cians in Pennsylvania are in a similar plight. Being assured by General Grant that a member of his Cabinet would be taken from that State, each clique set to work to recom- mend some favorite; but when it appeared that the pious and unpledged Stuart was to bo the man, while they were intent upon obtain- ing some rich pickings and fat plums out of the great public pound cake, through the in- fluence of the “‘man of their choice” in the Cabinet, they rolled up their eyes and turned away in disgust, exclaiming, with more irrev- erence than the magpie, “Oh, h—! its nothing but Johnnycake.” Whether or not Stuart be the coming man for Pennsylvania, it is pretty certain that most of those who are expecting big things from the incoming administration will finally be obliged to content themselves with something plainer even than plain Johnny- cake. Vary CorpiAL.—McClure writes that he had a very cordial interview with General Grant. No doubt. But the cordiality was all on one side, already, to a large extent, things of the past. They have been so modified at the four Scot- that University tests can hardly be said to exist either in Scotland or in Ireland. Of late intractable and exclusive. Not having seen the bill we cannot go into details, but from what has been done already, and from the pledges which have been given by the present government, it is reasonable to conclude that the bill now introduced will go a long way to open up the privileges and prizes of the uni- versities to the youth and intellect of the three kingdoms, irrespective of creed. This is one direction which reform is bound to take. This (Monday) evening will commence the Irish Church debate, and the wealth and in- tellect and learning and beauty of England will congregate in and around the House of Commons to learn the fate of a religious es- tablishment which is as old as the days of Henry VIII. In the fate of the Irish Church lords and ladies and the privileged orders generally will behold, as in a glass, their own fate. The Irish Church may or may not go by the board; but the result of the debate cannot fail to be damaging to the principle of church establishments all over the three kingdoms. Sooner or later university tests must become things of the past. So must it be with church establishments, Bishops and archbishops may remain, but ecclesiastical hierarchs will have to be contented with titles rather than with’ lordly livings. The law of entail will follow, and the big estates of the landed aristocracy of Great Britain will be utilized for the general good of the people. The popular canse is now everywhere in the ascendant, and the triumph of the people implies the downfall of the privi- leged orders. The example of the model re- public of the West is rapidly transforming Europe and the world. Tae Rieut Sort or Prospgrrry.—A cor- respondent furnishes us with the statement that the interior town of Springfield, Ohio, has suddenly sprung up.from an obscure village to the dimensions almost of a city with sixteen thousahd inhabitants, with its hundred thou- sand dollar opera house, first class hotel, &c. Three hundred buildings, costing nearly a million dollars, were constructed last year. This is the result of a legitimate manufactur- , ing business, including such products as reap- ers, mowers, grain drills, cider mills, lead paints, manufactured tobacco, &c., realizing two millions and a half per annum. How dif- ferent prosperity like this is compared with that of those mushroom cities that rise up on oil bubbles, gold and silver mines, or any other of the humbugs of the day which glitter for a brief periodand then burst into thin air, ruining all the uninitiated who have been so imprudent as to enter into such wild goose speculations! And yet this thrifty Ohio town is but one out of many hundred others enjoying a similar degree of prosperity, Verily, the growth of the great West is truly gigantic and substantial. . Tae Latest ‘‘Hompis Inprvipva.”—See McClure’s card. Praorioa, Reoonstrvotion.—The New- berry (S. C.) Herald states that within a week twenty more immigants had arrived in that town and gone to work on the farms in the neighborhood, and that more are immediately expected. It is the same with other towns not only in South Carolina, but throughout the South. Now is the time for Northern farm laborers to go South. Ina few years they will possess plantations of their own. As for the owners of the farms in tho South they can sell out at great advantage at the high prices real estate is ruling now. Go South and live in almost princely style, with- out undergoing half the drudgery and labor bestowed upon your own rocky homesteads to realize a scanty livelihood. Snerman’s Bit, To STRENGTHEN THE PuB- 110 Ceeprr.—Mr. Sherman got his bill through the Senate to strengthen the public credit during the evening session of Saturday, and that by a very decided vote. The yeas were thirty, nays sixteen. It has to go to the House of Repre- sentatives, but as the subject has been well considered by that body, and as there is but a small modification in the bill since it was be- fore the House, there is no doubt it will be- come law. United States securities abroad have gone up, doubtless partly on the strength of this measure, and as soon as it is known that the bill has passed both Houses of Con- gress and received the President's signature they will probably advance still higher. Di Governor Geary Waire A Lerrer og Make A Promisg?—Governor Geary says he did not write a letter to influence General Grant in his selection of a Cabinet officer. McClure says he had “‘only the promise” of Governor Geary that he would recommend a particular gentleman for a Cabinet officer from Pennsylvania, Hence the question arises Does Governor Geary keep his promises, or does McClure err in stating that he ever made one? However, promises, like pie crust, are frequently made only to be broken, especially when made by politicians. “Pzaoe Retans Tarovenout Our Statx.”— The above is the editorial exclamation of the Jackson (Miss.) Clarion. This is a candid, though perhaps unnecessary, admission from ® responsible quarter; for the Clarion is edited by one of the most influential men in the State. The example should be imme- diately followed by all the Southern papers whose conductors really have at heart the welfare of their section of the country. The Northern radicals are constantly endeavoring to make it appear that the South is still in a state of quasi rebellion. ANoTHgr PENNSYLVANIAN IN THR FigLp.— The telegraph informs us that another can- didate from Pennsylvania for Grant's Cabinet has turned up in the person of a Mr. J. Mc- Kennon, whose father was a member of Con- gress and for a brief period one of General Taylor's Cabinet. About the son little is pub- licly known. acriminal offence, and if there be evidence enough to convict them they will assuredly suffer the vengeance of the law, just as the lowest criminals do. It is a great point in England and with English judges to maintain the commercial character of the country, and it is this that has given England her high posi- tion in the commercial world. How is it with us? We have plenty of Gurneys in this city. Our great railroad managers and the managera of other gigantic enterprises and companies defraud thd public and the stockholders with impunity. They are even honored for. their successful swindling; for here success, or the acquisition of great wealth by even the most questionable means, is the highest morality— that is, it gives men*the highest positions. They are the magnates of society and in the community, They may do what they please, and the law will never reach them. Our Gur- neys of Wall street are perfectly secure. This isa shocking state of , and until remedied we shall stand below England in commercial character. With all the splendid opportunities for making money in the most profitable enter- prises here people are afraid to trust their property in the hands of our railroad and stockjobbing magnates. If we would follow the example of England in punishing great defrauders the commercial character of the country would stand much higher, and it is time we devised some means to accomplish that object. A “Bia Insun” Powwow—Grant, Sher- man and Butler settling, in a short and effi- cacious way, the Indian problem. Prussia Conciiiatina Franxrort.—One of our latest cable despatches informs us thal the Prussian Diet proposes to grant two mil- lion florins to the municipality of Frankfort, and that to this sum King William will add one million of florins from his private purse. Thia sum will no doubt go a good way to conciliate the burghers of Frankfort and reconcile them to the loss of their ancient independence. It is notorious that Frankfort has been dissatis- fied since the time the city was occupicd by Prussian troops in 1866. Prussia, in fact, has acted in a very high-handed manner with the Frankfort people all through. In a letter pub- lished in these columns‘a few days ago our special correspondent informed us that trade had greatly declined, that almost all the pro- perty of the city had been gulped up by Prussia and that the people were almost reduced to despair. This resolution on the part of the Prussian Diet shows that the gov- ernment is at last alive to the danger, and that it will not do to allow the ancient seat of empire and the chief of the German free towna to go to wreck and ruin. In the event ofa war with France it would not be good fos Prussia to have Frankfort in a state of rebellion, Inptan ApproprtaTions.—The proper kind of Indian appropriations are rifles, bullets, rigid laws and no treaties. EoorgstastioaL SyNovs.—For some time it did seem as if this was to be a great year with the churches. An Ecumenical Council at Rome in December, an Evan- gelical Alliance meeting in New York in autumn, and a grand Jewish Synod to be held somewhere either in the Old World or the new, promised to make religion the all- absorbing topic of discussion for some months, It now appears that New York is not to be honored with the Evangelical Alliance folks this year. We are sorry for this, as we had set our heart on seeing some of the great European doctors. . Religious interest will, therefore, centre in the Ecumenical Council about to be held in Rome—the first council of the kind since that of Trent, three hundred years ago. There is no doubt that this coun~ cil will be held, If the venerable Pontiff is spared to preside over it—as we hope he may be—it will throw lustre over the closing yeara of his protracted, checkered, but honorable reiga, IncompteTs Letrer Wrirers—The Penn- sylvania radicals, McCturs's Starements.—All the Pennsyl- vanians whose names were used by this poli- ticlan in his tilt at Grant repudiate him, and now Grant declares that he did not use the words that McClure put in his mouth in his report of what was said. Two or three such examples will improve the tone of conversa- tion at the national capital by making the politicians modest, MoCtvee on Veracrry.—MeChire says that the reporters have misrepresented his intor- views with Grant, and that all he did was to “earnestly urge” the General to choose ‘‘rep- resentative republican politicians for his Cabi- net.” As his championship of the politicians was the worst thing the reporters alleged about him we do not see that they did him much injustice. “Ton Time ror CLemenoy 1s Exprp— Veneinanok!”—The old Spaniards have fast- ene’ this to the door of every native Cuban in Bavana. The native Cubans should at once adopt it as their motto and live to it until not @ Spaniard in the Island is left with power to curse this age with such rule as we have wit~ neased in tho Antilles. PS