The New York Herald Newspaper, May 26, 1869, Page 8

8 NEW YORK HERALD BROADWAY AND ANN STREET, JAMES GORDON BENNETT, PROPRIETOR. Letters and packages should be properly sealed. Allbusiness or news letter and telegraphic despatches must be addressed New York Heraro. Volume XXXIV..., = a ~ AMUSEMENTS THIS EVENING. FIFTH AVENUE THEATRI fourth etreet.—Tux HERMIT’S ee eeeeeeeeeens No. 146 Fifth avenue and Twenty- ELL. WALLACK'S THEATRE, Broadway ani 13:h sirect.— Caste. ACADEMY OF MUSIC, lith street.—Iracian Orzra— Luruixe, OLYMPIC THEATR! adway.—H100 D Manian Aes. Broadway.—Hivcory Diccory BOWERY THEATRE, Lower: Weom Lonpon 10 YORK—FELON BOOTHS THEATRE, 23d st., between Sth and 6th ava— OTHELLO. Afternoon at 3—-MANFRED. “GRAND OPERA HOUSE, corner of Eighth av Ba strest. Patare. ‘ sabre Dick TuRPIN’s RIDE Doom. NIBLO'S GARDEN, Broadway.—Tur BURLESQUE Ex- SRAVAGANZA OF TUE Forty THIEVES. WAVERLEY THEATRE, 100 Broadway.—Bun.zsq’ 0B OF Irion. WOOD'S MUSEUM AND THEATRE, Thirtioth street and Broadway.—Afternoon and evening Performance. Saag TAMMANY, Fourteenth street.—CLogin DA—PETER MRS, F. B. CONWAY'S PARK EATRE, Brookiyn.— Mucu Avo Anour a MEROHANT F VENICE. THEATRE COMIQUE, 514 Broadway.—Comic SKETORES AND Livine STaTUZS—PLU10. CENTRAL PARK GARDEN, 7th av., between 68th and Goth ste.—PorvuLa® GaRrpEN CONocERT. SAN FRANCISCO MINSTRELS, 58 Broadway.-Etayo- Plan ENTinvAiuEnse Tue OxaLesoues BLOwon BRYANTS’ OPERA HOUSE, T: id tI street.—E1ntortan ered Rie ae joeaa an TONY PASTOR'S OPERA HOUSE, 201 Bowery.—Comto Vocal.sam, NEGRO MINSTRELBY, &. Matinee at 214. BROOKLYN ACADEMY OF MUSIC—Oz® BuLu's GRanp Concert. EMPIRE CITY RINK, corner 8d ay., 68d and 64th ste.— Granv Concert, &c. RVING WALL, Irving place.x—Mz. C. HENKY's GranD Conorrr. HOOLEY'S OPERA HOUSE, MuneTReis—Vsi-au-VENT. NEW YORK MUSEUM OF ANATOMY, 613 Broadway.— BOIENOE AND AxrT. LADIES’ NEW YORK MUSEUM OF ANATOMY.—Fr- MALES ONLY LN ATTENDANCE. QUADRUPLE SHEET. Brooklyn.—Hootey's New York, Weduesday, May 26, 1869. ——— — ss = THE HERALD IN BROOKLYN. > Notice to Carriers and Newsdealers. Broogiyn Carriers anp Newemen will in fnlitre receive their papers at the Braxcm Orrice = oF tHE New Youre Henaxp, No. 145 Fulton street, ~ Brooklyn. i ADVERTISEMENTS and Svsscritiesxs and all letters fot the New York Henaup will be Teceived as above. THD N B w Europe. ‘The cable telegrams are dated May 25. ‘The elections in Francé passed off yesterday with- out any serious trouble. Much excitement pre- “Walled, however. Fears at one time were enter- tained of a disturbance in Marseilles. MM. Ollivier, wre and Thiers were defeated in Paris, but Ollivier elected forthe Department of Var, M. Arago Ms defeated. A report prevailed that Henri Roche- fort was elected. Quiet prevailed throughout the ____- Smpire, Parties have been discovered in the south of Ire- land holding secret midnight meetings for drilling. Some arrests have been made. Yesterday was the first day of the Epsom races. A large crowd of people attended them. The Lon- don imes, in commenting on the French elections, says that a revival of political activity will result froma verdict which condemns personal govern- ment. Tie rumored alliance between France, Eng- jand ond Spain against America is without foun- dation. Cuba. The steamship Perit landed a force of filibusters im the Bay of Nipe some time about the 1h inst., but they were almost immediately surprised by the Spaniards and routed with considerable loss in men and guns. They rallied, however, and recaptured their position and guns and drove the Spaniards, and almost sunk the Marselia, a Spanish steamer. The excitement in Santiago over the engagement ‘was very great. The Perit returned to Jamaica on ‘the 16th ins. South America. By the stoamer Rising Star we have interesting Corresponicnce trom Colombia, Peru and the Central . The Rising Star brings a Seiior commissioner from the de facto Cuban accredited to Washington. On her course sie exchanged signals with two Spanish men-of-war off Cape Maysi. The new Consul, Dr. Long, hid arrived at Panama. The President of Panama is still on his tour through the interior. Mosquera’s prospects for the Presidency of Colombia are quite brilliant, Another attempt to bring up the canal treaty was defeated in the Colombian Senate, and the announce- ment that an English company had made proposi- tions towards opening the Darien Canal waa re- ceived favorably. Miscellaneous. ‘The State Department has tinally become uneasy at the continued silence of Minister McMahon in Paraguay. A ietter of recall was sent to him several months ago, but no answer has been received. John Cochrane will probably be appointed to succeed him. ‘The Labor Reform League of New England as- Sembied in Boston yesterday. The chairman, Mr. BE. H. Haywood, of Worcester, declared the objects ‘and creed of the League to be {ree trade, free money, free travel, free transportation and free land. The resolutions favor radical changes in the financial system, the abolition of national banks, the substi- tation of certificates of service for the present gov- @rnment currency, a reduction of rates of interest and of hours of labor, and the establishment of free public markets. Senator Sprague sent a letter re- gretting that he was not able to be present. Oharies WU. Starr, of Tarrytown, N. Y., committed suloide yesterday after four determined attempts. He shot himself twice in the head, and finding these ‘Wounds ineffectual shot himself twice in the lett fide, The jury returned a verdict of death at his own hands during mental depression. In the case of H. L. Davis against the Western Union Telegraph Company, in Cincinnati, the jury on Monday rendered a verdict against the defend- Ants of $3,000 and costs, ‘The new State government of Rhode Island was inaugurates at Newport yesterday, Governor Padel- ford succeeding Governor Burnside and Benjamin T. Bades being elected Speaker of the House. Over 500 vocal organizations have reported for Service in the Boston peace jubiice, \ The Clty, At About ton o'clock yesterday morning the steamer Norwalk was ran toto and sunk by a tug towing @ heavy scow, on the Fast river, between Paiton and Wail street ferries. The Norwalk atmost t tly keeled over, and lies now in seven fathoms Wator. Thore were no passengers aboard, and the ‘Wore all saved. The loss is about $45,000. At haif-past ton yesterday morning, at pier 15 river. near Wall stroct ferry, tue tugboat Wil- NEW YUKK HERALD, WEDNESDAY, MAY 26, 1869.-QU ADRUPLE SHEET, Mam Parks exploded her boiler, and three of her crew were severely injured. One of them was thrown twenty feet to an adjoining pier. The loss pecuntarily is very small, a the tug aud boiler were old, At about cieven yesterday morning the steamer Russia, while coming up the bay, ran into and sunk the Austrian ship Figlia Maggiore, which was an- chored off Bedioe’s Isiand. All the crew of the lat- ter were saved. The cargo of the ship was very valuable, and the loss on the cargo and ship ta esti- mated at $400,000, An inquest was held yeaterday on the body of William Kiernan, the victim of the Eleventh ward murder, The testimony elicited was in corroboration of the reports as published yesterday, and the jury rendered a verdict against the prisoner, John Pur- cell, Who was thereupon committed. Tt was stated yesterday that the accounts of Wil- ham ©. Rushmore, Preajdent of the Atlantic National Bank of Brooklyn, who was killed by the recent Long Island Railroad slaughter, showed a deficit of nearly $250,000, When this rumor became public a slight run was made on the bank by uneasy deposi- tors, but later in the day their feara were allayed by the directors, who pledged themselves to carry on the business of the bank. The Lippmann homicide inquest was concluded yesterday, the jury finding that death was occa- sioned by violence at the bands of some persons un- known. The case of the two women, Pearsall and O'Con- nor, confined by Judge Cardozo in the Tombs for contempt of Court some three weeks ago, came up again yesterday, when ancxamination was waived and the women were admitted to bail, In the course Of the proceedings one of the Jawyers who volun- teered to support the court entered into a slashing denunciation of Mr. Townsend, the women’s coun- sel, James Budiong, s Brooklyn merchant, was ar- raigned before Justice Dodge yesterday on a charge preferred by Mr. Clinton Gilbert, Vice President of the Greenwich Savings Bank, of false representa- tions, by means of which he obtained Mr. Gilbert's endorsement toa promissory note for $35,000, gnd which the latter was compelled to pay. Budlong Pleaded not guilty, and was committed in default of $70,000 bail. The centennial anniversary of the dedication of the North Reformed Dutch church on William and Fulton streets was celebrated yesterday. The steamer Quaker City was libelled by the coun- sel for the Spanish government in this city, yester- day, on the ground that she intendded to violate the neutrality lawa by giving aid to the Cuban insur- gents, and, on an order of Judge Biatchford, Mar- shal Barlow seized her. The Cunard steamer Australasian, Captain Cook, will sail to-day for Liverpool via Queenstown. Her mails will close at the Post Office at twelve M. The Anchor line steamship Dorian, Captain Small, will leave pier 20 North river at twelve M. to-day for Londonderry and Giasgow. The American steamship Fulton, Oaptain Jones, of Ruger’s line, will leave to-day from pter 46 North river, at two P. M., for Copenhagen, via Cowes and Bremen. The steamship Magnolia, Captain Crowell, will sail from pler No. 8 North river at three P. M. to-day for Charleston, 3. C. The stock market yesterday was buoyantly active Until the announcement of the defalcation in the Atlantic Bank of Brooklyn, when a reaction and a sharp decline ensued, prices eventually recovering toward the close, but not to the best figures of the day. Gold was dull, declining to 14034 and closing finally at 140%. Prominept Acrivate-in the City. General J. N. Palmer, of the United States army, and Lieutenant Comulanders George P. Ryan and R. Hooper, of the United States Navy, are atthe St. Dents Hotel. ©. A. Miller, Secretary of State, Alabama; George W. Childs, of Philadelphia; Major W. C. Beardsley, and E. P. Ross, of Auburn, are at the St, Nicholas Hotel. Major Burroughs, of the United States Army; Colonel J. Bartlett, of Albany; Rev. B. Carpenter, of Newburg; Judge George Wadsworth, of Buffalo; G, P. Pomeroy, of Rhode Island, and C. C. Cass, of Jackson, Miss., are at the Metropolitan Hotel. Dr. A. J, McClure, of San Francisco; P. H. Lasher, of Elgin, 01., and L. B, Morgan, of Ogdensburg, are at the St. Charles Hotel. Jndgé J. E. Hulbert and Wm. Musgrave, of New York, and W. R, Douglas, of Memphis, Tenn., are at the Maltby House. . M. J. Freeman, of New Wamburg; J. R, Osgood, of Boston, and F£. W. Bailey, of North Carolina, are at the Westminster Hotel. Lieutenant S. Anderson, of the British Army, and D. Powell, of London, are at the Olarendon Hotel. Mr. Knowles, of Manchester, England; E. W. Corn- ing, of Albany; W. B. Bristol, of New Haven, and H. N, Slater, of Norwich, are at the Fifth Avenue Hotel. Lieutenant Commander Theo. F. Jewell and Pay- master J. T. Browne, of the United States Navy; a. Van Vechten, of Albany; Captain J. Babee, of Great Barrington; A. S. Benton and J. Barnard, of Lima, are at the Hoffman House. Miss B, Delmonico, Mra. F. J. Vinton and W. Cunard arrived yesterday in the steamer Russia from Liverpool. Prominent Departures. Governor W. Dennison, for Ohio; General N. P. Banks, for Washington; General W. J. Palmer, for St. Louis; H. C. Lord, for Cincinnati; General Reese, for Washington, and Colonel B. English, for Albany. Major General Robert Anderson, United States Army, and family; E. Robinson, United States Con- sul at Hamburg, and Dr. Fred. Schultz, United States Consul at Antwerp, salléd yesterday in the steamship Hammonia jouth and Hamburg. Tue CAMBRIA AND THE QvuEEN’s Cor.— In an article on yachting yesterday we inad- vertently spoke of a race for the so-called Qneen’s Cup, held by the New York Yacht Club, as if such a race were possible this season. Lest our words should be misunder- stood beyond the Atlantic we hasten to make the positive statement that such a race cannot take place this summer. One of the plain rules on which the cup is held requires the challenge to be given six montbs before the race can come off. No challenge in due form has yet been sent, and thus the six months rule shuts out the contest from this season. Should the Cambria come she will be wel- comed and will have plenty of sport, but she cannot contest our possession of the cup. As the owner of the Cambria has said a great deal of his desire to carry away this cup, we regret that he did not take the proper steps to make a race for it. Had he done so his expressions would have seemed more sincere. Ectipsep.—We have had so many extensive fires of oil factories in the neighborhood these few days past that the smoke in “‘pillars of cloud” has eclipsed the 5 “An American Citizen” and Mr. De Tracey Gould, cousins of the two tailors in Tooley street, have, on behalf of the people of the United States, disclaimed the arguments of Mr. Sumner onthe Alabama question, and the London Zimes roars you as gently as any sucking dove over the discovery of these fel- lows, Truly England is ina bad way to ac- cept such comfort. nen Account Cornest.—We have now on hand and under investigation four “horrible mur- ders”—the Morrisania murder and the Stanton street, Sheriff street and Oak street atrocities, respectively. Doyle, the butcher cart scoun- drel, meanwhile has escaped from Sing Sing, and Real, the Deputy Sheriff, is waiting in re- tirement to have his case quietly forgotten, Doyle would make a good sheriff for this county for the aextterm. We aominate him. The Elections in Frauco—Imperiaiiem ta Danger. The French elections terminated on Monday evening. By special cable telegram, dated in London yesterday, we are enabled to submit the general result of the ballot to our readers this morning. The work of the scrutineers reveals the important facts that the old party names and classes of candidature—Orleaniats, legitimists, and moderate republicans—have been either forgotten or ignored by the people, and that the lines of citizen franchise contests were strictly drawn between Bonapartism and the worshippers of Waterloo, St. Helena, and the “dynasty” on one side, and the representatives of popular progress, ranking as radicals or “reds,” on the other. The voters paid little or no attention to the royalisms which have passed, but looked merely at present imperialism and its tendency, and their own hopes and means of rectification in the future. The prospect is certainly encouraging to them as opposition- ists. Napoleon retains a majority in the legis- lative assembly, but it is vastly diminishod; the radicals having achieved an addition of forty-five members to their already compact force, and oarried the great centres of finance and manufacture—Paris and Lyons, Tran- quillity prevailed, we are told, everywhere; but France was equally silent and quiet when, by a still larger vote, she approved the coup @état, after prudently noting the bayonets, sabres and muskets which were placed within convenient hail of the ballot boxes. M. Thiers, who has become very prosy, both in debate and conversation, since he illustrated the ‘Last Cart to the Guillotine” as asad warning to extremists, whether clad in democratic blouse or in purple and ermine, was defeated. M. Ollivier was defeated in Paris but returned in the department of the Var. The case of M. Jules Favre is reported variously, and M. Rochefort has, we are told, obtained a seat. The latest returns from Paris show a government gain of one in fifteen city elections, the people expressing themselves persistently in repudiation of the ‘‘one man” system of government and in favor of parlia- mentary constitutional rule. Marseilles was deeply excited. No better evidence of the declining fortunes of imperialism can be adduced than the arbi- trary and despotic measures resorted to during the past weeks by Napoleon III. and his minions to stifle public sentiment and pre- vent an untrammelled expression of popular will in these elections. It is but a repeti- tion of history to find a powerful despotism resorting to extreme measures to prolong an existence imperilled by widespread dis- affection and exacting compulsory submis- sion from its subjects under pain of arrest, imprisonment, banishment, and perhaps execu- tion. The closing scenes of dynastic usurpation are generally characterized by crime, tyranny and bloodshed, and the opening acts of the drama already inaugurated in France give full promise of a second reign of terror ere Napo- leon III. will have been driven from the stage. We can only hope that the victims of oppo- sition will prove forerunners of enlarged popu- lar liberties instead of unwilling and uncon- scious promotives ofa new régime as distasteful and oppressive as the last. The revolution of 1848, which drove Louis Philippe from the throne of France, should have marked an era of liberal progress in a government wearied of monarchical and aristocratic usurpation. The shortlived republic which followed received its death- blow in the coup @état, and subsequent decree reviving the imperial dignity in the person of Louis Napoleon Bonaparte. The ephemeral dream of ‘“‘liberty, equality and fraternity” vanished before the imperious will of one who falsified the hopes that placed him in power and now seeks to prolong his rule at any and every sacrifice of public liberty, What France could and should have been after the expulsion of the Bourbons, and what she is to day, lives in the hearts of patriotic Frenchmen who have never abandoned the hope of seeing their government a coworker with ours in the advancement of republican and democratic institutions; and all the bravos of “national greatness,” ‘‘years of unparalleled prosperity,” ‘‘crowning the edifice’ with so-called liberties, cannot reconcile them to the empire or the despot who rales and ruins. Whether or not the people of France are prepared for a republican form of government no one can determine until a full and fair experiment is made ; but that they are sick and wearied of imperialism, that they have well nigh reached that point of endurance beyond which revolution becomes a national neces- sity and a change in government and rulers imperative, must be obvious to all. The beginning of the end is too plainly fore- shadowed by the murmurings of discontent from all quarters of the empire, the uprisings necessitating summary measures for their sup- pression, the growing strength of the opposi- tion and the nervous vigilance of the imperial- ists in arresting and imprisoning indiscrimi- nately those whose power and influence they have reason to dread. The disturbances which characterized the electoral gatherings are but natural precursors of others more serious, The government may stay awhile the tide of popular disfavor that threatens its ruin by the timely publication of ‘peaceful mani- festoes,” high-sounding promises of reform, re- duction of the army, &c., as conciliatory mea- sures to induce the people to forget their grievances until the crisis is over, or it may attempt by force and terrorism to quell ® movement at once popular and powerful, with fair success; butthe end is not here. Op- position to the Napoleonic dynasty has taken such deep root in the great metropolis, from which it is gradually but surely growing and spreading throughout the empire, that revo- lution is possible and probable at any time, and Frange cannot have anything like repose or the restoration of confidence among her people until the experiment is made. The empire is not peace, nor is liberty or liberal progress compatible with the ideas of empire as expounded by Napoleon IIf. We have before intimated the probability of the Emperor's attempting, as a second coup d'état, alike necessary for his own security and the ideal perpetuation of his dynasty—some foreign complication, resulting in war, in the hope that internal grievances would be forgotten and all parties united with the government in opposi- tion to a common enemy abroad. This diver- sion might be against Spain as the least dangerous of neighboring Powors, or in favor of Spain, backed by the moral support of England, against the United States on account of the Cuban difficulty ; or a union with Great Britain, regardless of consistency, in refusing the proper settlement of the Alabama claims, and resisting and resenting the demands urged by Mr. Sumner (which may or may not be se- riously pressed), Whether any of these expe- dients will prove to be the policy of Napoleon remains to be seen, In the meantime we sub- mit that either of them would be plausible should he be hard pressed by the opposition. France can only be tranquillized by liberal and progressive institutions; and liberty and pro- greas are enemies to the empire. Quarantine, We give below the very modest little bill of the Health Officer of this port for medical at- tendance and burial expenses for one ship load of emigrant passengers. Seventeen thousand dollars is the handsome total. This amount was actually charged by the officer and paid by the owners upon one ship at one passage in the year 1866. We can scarcely state the fact: with sufficient iteration, the figures seem go incredible. Among the items charged is the conveyance of the passengers to the hospital ship. For this service five dollars a head is charged. But we need not analyze the figures ; they tell their own story. We need only to say that just as they stand they are copied from the accounts of the firm that had to pay the money:— Number of\Charge sor Patients, | Treatment, Date—1866. 39) Be) micmmoacwnrmowaemooana < s Total for twenty-two days’ attendance, Cost per day for services. ADDITIONAL EX! Wages for crew, euatnecyt &e. Cieaning hospital ship. Wear and tear of furuit 60 Ibs, butter, 70c. per II Sundries..... Liquors... ‘Transferring 30 patients from one hospital ship to the other, 150 Funeral expenses. 2,400 Fumigating..... 1,250 Total expenses.... seeee 7,068 This is but one instance. We could cite innumerable others if it were not that shipping houses dare not brave the ill will of the man who has the power to ruin them by a word, so absolutely omnipotent is he over the com- merce of this port. How long will it take at this rate to drive emigrant ships completely from this port? Here, in addition to all the fees that are justly chargeable, a man has the power to put on a charge of seventeen thousand dollars where five thousand dollars would be extravagant. We put this problem to the railroad companies interested in carrying passengers to the West. Swinburne is evidently disposed to drive the emigrant trade to Baltimore, for the benefit of the Baltimore and Ohio road. How do the Central, Erie, Hudson and Harlem like it ? A Chapter of Accidents. W ‘are accustomed day by day to“hear of some calamity of more or less disastrous char- acter ia the city or its vicinity ; but the news of yesterday furnishes a chapter of accidents such as we have rarely to rocord within the space of twenty-four hours, Wecan sum them up briefly—a few strokes of the pen will accom- plish that—but the consequences lie in the depths of many hearts ; they sit sorrowfully by the side of many hearthstones; and last, but least, they have afflicted many pockets with serious loss. First, a terrific fire at the oi] works in Wee- hawken, which commenced in the afternoon of Monday, severely burning several of the work- men, flooding the East river with fire, de- stroying one hundred and twenty thou- sand dollars’ worth of property, causing the loss of many vessels at anchor, and several explosions, and continuing until yes- terday to obscure parts of this city with clouds of smoke. Next, at three o'clock in the morn- ing, a fearful explosion of kerosene oll occurred at Hunter's Point, Brooklyn, destroy- ing seven lighters, a Norwegian brig, the Ad- vance, and burning down five houses in the destrictive spread of the flames. Later in the day the steamtug William Parkes exploded her boiler in the Bast river, at the foot of Wall street, scalding four of her crew. The ferry boat Norwalk, plying to Coney Island, was run into and almost sunk in the East river, near Fulton ferry, by « tug, which cut into her so deeply that she had to be towed rap- idly ashore, her crew escaping only by being carried off in small boats. A large livery stable was destroyed by fire in Brooklyn last night, insuring a loss of seventy-five thousand dollars. These disasters, apart from the accounts of murders and violent assaults recorded in our columns yesterday and to-day, fill up a fearfal chapter of accidents, which should admonish us that some measures must be taken to de- liver the city from the terrible state of things which prevailhere. First, the storage of ex- plosive oils in the vicinity of the city should be prohibited in fact as well as by law. The News from Cuba. ‘rom the tenor of our advices yesterday by wlegraph it would appear that the two expedi- tions we spoke of as having recently left this country have both made a successful Innding in Cuba. The steamer Salvador had returned to Nassau, where she had been seized by the British authorities for a violation of the Foreign Enlistment act—which is, in substance, similar to our neutrality laws, though not so humble as our law—complicated with a charge for violating the Passenger act by carrying an excess of passengers. The captain and a por- tion of his crew had returned to Key West, but no information is given as to the place where the expedition by this steamer was landed. Our Havana telegrams state that seven hundred men had landed in the Bay of Nipe, a fine and large harbor on the north coast a short distance east from Port Padre. The number of men Inaded is evidently an exaggeration, 43.00 auch expedition hes hatin fitted out; but from the statements in refer- } Telegraph Monopolies and Private Rights. ence to artillery, the temporary fortifications and the flag said to have been captured by the Spanish forces, we incline to believe that this was the expedition under General Jordan, which didnot leave this city on the steamer Arago three weeks ago. That steamer, it will be seen, had arrived at St. Thomas to proceed as convoy to the Peruvian monitors, The arrival of both of these expeditions in Cuba-will make an important change in the attitude of the patriot forces, Hitherto they have been ill supplied with firearms and want- ing in ammunition. Every cry that has come from them has been for arms and powder. These they now possess to some extent, at least, and we doubt not, from the course they have hitherto pursued, that they will know how to apply them to logical and persuasive use in the Cuban argument. We hope Mr. Secretary Fish will endeavor to keep himself posted as to the march of controlling events in America, and endeavor to catch some glim- merings of what the policy of an American statesman should be. If under his guidance the administration of General Grant loses the favor- able openings now offered to the advance of our national policy and greatness he will merit the unqualified condemnation of his country- men and the ridicule of Europe. A timorous study of neutrality laws and diplomatic ver- biage is not the course for a statesman, and is unworthy of a soldier of the high reputation of General Grant. Tho Austrian Currency System Compared with That of This Country—The Lessons of History. We publish to-day in another part of the paper a highly interesting review, by our Vienna correspondent, of the system and his- tory of Austrian currenoy and finance, with a comparison of our own system with that of Austria. It will be remembered by the read- ers of the Heraxp that we gave, shortly after the close of the war, in 1865, a series of simi- lar exhaustive articles on the currency and finances of England at the conclusion of the long wars with Napoleon, and. also on the financial history of our own country during crises of a like oharacter, The teaching of Austrian, British and American history is the same, and our Vienna correspondent shows in his communication what we have urged over and over again, that it is ruinous to the best interests of a country to tamper with and un- wisely contract the legal tender currency. Whenever Austria has had an ample currency of such a character the empire has been more prosperous, trade and manufactures have been more active, and the people generally in a bettor condition than at any other period ; and whenever the bullionists contracted or swept away this currency for the purpose of forcing specie payments, ruin and appalling distress to the mass of the people inevitably followed. The same ruinous policy in England produced, however, a worse state of things in that country, as its history, from 1815 to 1924, or even long after, shows. Our correspondent justly remarks that the transfer into gold of public and private obligations, contracted in depreciated paper, as carried out in Great Britain and as demanded by the bullionists in the United States, is, to use the language of Sir James Graham, in his pamphlet on ‘‘Corn and Currency,” a fraud upon every debtor, public and private.” Yet this would be the effect of forced resumption here. The debtor class— that is, by far the largest portion of the com- munity—would be ruined, and the burden of the public aeu. immensely increased upon the taxpayers for the benetit of the capitalists and bondholders, : Whether the views of General Butler, which are advocated by our correspondent, with re- gard to establishing a permanent paper cur- rency, in the form of and to be called taxa- tion money, are sound and practicable or not, there can be no doubt that the present legal tender currency is the best for the country, under existing circumstances, and that it ought not to be withdrawn. Indeed, there ought not tobe any other paper money. The circula- tion of the national banks should be taken up and greenbacks issued instead. We would then have a uniform and cheap currency, based directly upon the credit of the govern- ment, and twenty to twenty-five millions of dollars a year would be saved in taxes; for with the issue of three hundred millions of legal tenders in the place of national bank notes, a corresponding amountof interest-bearing bonds could bo cancelled. There would be no expansion, and as the population, trade and wealth of the country increased this govern- ment paper money would gradually and insen- sibly approximate a specie standard. The people would learn to like this cheap and con- venient currency more as time rolled on, and in the end, when it would reach par with specie, they would prefer it, probably, to a metallic currency ; for it would not be subject to contraction and expansion in obedience to the ebb and flow of bullion or the hglances of trade with other nations. The history of Aus- trian finances and currency, as given in the article referred to, and the views thereon expressed by the writer, are worthy the seri- ous attention of the government and people of this country. A Bayk Pasto.—The depositors in the National Bank of Brooklyn bave been con- siderably excited during the past few days on the subject of the actual condition of that in- stitution at the moment of the sudden death of its late president, Mr. William ©. Rush- more. This excitement culminated in a sub- dued panic yesterday upon the circulation of a statement to the effect that the deceased gentleman was deficient in his account with the bank to the amount of two hundred and fifty thousand dollars, Among the reports of cause we have stories of private ‘‘specula~ tion,” “‘unauthorized advances,” &c., which are repeated in all such crises. How is it? Worse anv Worse.—They have pretty bad champagne at the dinners given by the Com- missioners of Emigration—at whose expense?— on Ward's Island. We are not sure that there is worse champagne made anywhere in New Jersey than they have on those occasions. It is the only thing they have that is not im- ported, But bad as it is we should never have expected from it such melancholy effects as it seems to have had upon Judgq Noah Davis. It caused him to say that the two qroat Grants were “U. 9. Grant and M. 1. Grant.” What was the oxample of the Holots to this? _ The Western Union Telegraph has been fairly convicted in a court of justice of applying the powers it holds by the consent of the Legislature to the suppression for its own benefit of private business carried on by the use of the telegraph wires as a public instrument for the transmission of intelligence. The suit of H. L. Davis Western Union Telegraph Company, on trial in Cincinnati, as reported in the HERALD to-day, is a teat case in an endeavor to establish a judicial denial of the right of the corporate association to exclude an indi- vidual, or certain persons, from the use of the wires at pleasure, even when they are willing to pay the established rate of charge for messages and comply with the rules of the direction. Counsel for the plaintiff allegea that the company has established within its organization a branch known. ag the ‘‘Com- mercial News Department,” charged with the collection and transmission from New York to Cincinnati of the quotations of the value of stocks, the price of gold and rates of the market for breadatuffs, and vice versa, from Cincinnati to New York, and that this source of profit to them waa likely to be diminished by the operations of Mr. Davis, as an individual, in a similar line of trade or speculation, and that hence hig correspondence was delayed, his object thwarted purposely, his messages sont by cir- cultous routes and his business generally damaged. This course was maintained in aa endeavor to compel him either to merge his transactions with those of the Western Union Company and become one of their salaried servants or be ruined. In such position he sues for damages. In the progress of the suit the use, and it may be abuse, is proved, of a series of ‘‘wheels within wheels” in telegraphing which it would be the intereat both of the public press and the people to see broken up. The result has been a verdict against the telegraph company for three thousand dollars and costs. The points of the case simply are that the Cincinnati Stock Exchange established a serica of market reports by telegraph from Now York for the information of their members, The business of gathering the information and delivering it in Cincinnati was afterwards con- ceded to Mr. Davis, the merchants subscribing to his reports. This business the Westera Union Telegraph Company wished to mono- polize, and it offered to Mr. Davis to take his list of subscribers and allow him twelve hundred dollars a year for it, telling him that if he did not accept they would break him up. He did not accept, and then began a series of delays and annoyances which a powerful organization can so easily apply. The reports did not arrive with the promptitude and regularity that had before characterized them ; they therefore lost their value to the sub- scribing merchants, and the business waq broken up, as the Western Union had threat ened it would be, It was proved that the com{ pany had even gone so far as to change it manner of receiving telegrams from the gen public and to create a new and circuitous route for their transmission in order to effect its purpose. An important point in the consideration of this matter is the fact that the charter granted to the Western Union Telegraph Company stipui lates that they are to transmit the messages iq the order they are received and deliver them with expedition. It was supposed that this stipu/ lation would protect the interests of the public against the dangers of plunder by the corpo+ ration; but it appears in evidence that as soon as they found that money could be made by holding the exclusive transmission of market advices they determined to create this exclus sive power for their own benefit, and they did create and exercise it. The system by which this is done is so secret and so imperceptibl¢ in its links that great difficulty arises in prov: ing the facts. Mr. Davis, therefore, and the court and jury in Cincinnati, who have per- formed this task and given the righteous decision, merit the approbation of the publio, There is another fact in the connection wor- thy of mention. Knowing that the case waa on trial we have carefully watched the Cincin- nati papers for a report of the facts as they were developed, and to our surprise not one of them has had the boldness or the publia spirit to give them place in its columns, We were, therefore, compelled to resort to other measures to obtain intelligence of an event of such widespread interest that it affects the calculations of every merchant is the land. This silence is explained by the concluding paragraph of our report. The newspapers of Cincinnati all feel themselvee to be completely in the power of the Western Union Telegraph Company, and did not, there- fore, dare to publish the facts in this case, If the press feels itself powerless to resist the tyranny of this powerful monopoly, what chance can individual citizens have to protect their interests? There is but one remedy for this great evil, which is spreading its ramifications daily wider and wider over the country. The postal tele- graph system, which shall open its facilities for the electric transmission of intelligence to all alike, and atrates bearing a reasonable pro« portion to the cost of the service, rather than to the greed of a speculating monopoly, is the only safety for the country. With such facili- ties as it will give for the transmission of intel~ ligence private interests will be enabled to take such measures of self-protection as will be an effectual safeguard for the public. We commend to all who wish to obtain an insight into the workings of the great telegraph mo- nopoly to read the report of the case of Mr. Davis, which they will find in another part of our columns to-day. Craims ox Mexico.—The claims of Amori- can citizens on Moxico, itis sald, foot up to the enormous sum total of sixty millions-of dollars ; and the joint commission appointed to adjust these claims will shortly meet. to consider them. But who are these tremendous claim~ ante, and what for? (we remember the Gard- ner claim.) How is Mexico to pay this money, , ora tithe of it? Can it bo that these claim. ante scent the advantages of annexation and are merely filing their bills against the United States Treasury? We should like to know. Post Orrtor Sirz.—We are informed that Mr. Stewart docs not want tosell his down town atore for a post office, and so ha may be a quite At person to looate that, fastitution, against the -