The New York Herald Newspaper, February 8, 1870, Page 6

‘ N EW YORK HER ALD The Lege! Tender Dociston of tho Supremo | The British Empire as Presented to Partiae JAMES GORDON BENNETT, PROPRI ETOR. BROADWAY AND ANN STREET. All business or news letter and telegraphic Gospatches must be addressed New York Hera. Volame XXXV. b AMUSEMENTS THIS EVENING, FRENCH THEATRE, lith et, and 6th ay.—Genxvirwa DE BRanant. OLYMPIC THEATRE, Broaaway.—Srriovs FaMiLy— Tux Srrrrine. FIFTH AVENUE THEATRE, Twenty-fourth st.—SvRy; O08, SUMMER SCENES at LONG BRANCH. NIBLO'S GARDEN, Broadway.—Gzaxv ROMANTIO PLAY OF Tux Doke’s Morro. WOOD'S MUSEUM AND MENAGERII, Nrondway, cor- ner eth at,—Matines daily. Performance every evening, BOWERY THEATRE, hKowery.—Buck, Buck, Mawy Horns; on, Gord Ur ‘ro 168, ao. THE TAMMANY, Fourteenth sirect.-Tne BURLEAQUR OF THE SivEN. WALLACK'S THEATRE, Broadway and 13th atreet.— Bomoor. ROOTH'S THEATRE, 2d Epwin Boor as Haw RAND OPERA HOUSE, comer of Eighth avenue and ou-—Toe TWELVE TeMPrarions. etween Sth and 6th ave.— a ‘tad MRS. F. B. CONWAY'S PARK THRATRE, Rrookiyn,— ‘Tax Farky CrucL¥~Tuy Customs or THe CounTEY. TONY PASTOR'S OPERA HOUSE, 201 Bowery.—Comio VovaLina, NEGKO MUNBTERLBY, &6. THEATRE COMIQUE, 614 Broadway.—Comto Vooal- 19M, NzoRo Acts, &c. BRYANT’S OPE, OL.—BRYAN1'S MLN SAN FRANCISCO MINSTRELS, 685 Broa tway.—ETuLo- Flax MinsTREL6Y, NeGuo AoTs, £0.—"ilasn.” KELLY & LLEON'S MINSTRELS, 720 Broadway.—Eruto- IAN MINGTEXLSRY, NEGRO ACTE, £0, NEW YORK CIRCUS, Fourteenth street.—EQuesTnian AND GINNASTIO PEBFORMANOES, 40. HOOLKY'S OPERA HOUSE, MINOTEELS—THg THEATRICAL A Brook) yn.—HOouey's DY, key APOLLO HALL, corner 28th street and Broadway.— Tax New fiskentoon. NEW YORK MUSEUM OF ANATOMY, 618 Broadway. — Scrmnoa AND Apt. | IPLE SHEE na = New York, Tuesday, February 8 1870. CONTENTS OF TO-DAY’S HERALD, Paar. A—Advertisements. @—Advertisements. B—Wastington: Sortous Chargea Against Senator Reveis; Upposition to the President's Nomina- tions; Anticipated Rapture Retween the Exe- cuttye and the Senate—Proposed Tunnel Unaer the North River—The Brazilian Scheme of Conquest—New York City Tax Levy—Com- merce with Hayti—The Detrauded Soldiers and Sailors—Crime in Missouri. 4—The Legal Tender Act: Important Decision of tue United States Supreme Court; All Out- standing Debta Contracted Before February 25, 1362, to be Paid in Coin; The Legal Tender Act Jostified as a Special Measure During War ‘Times; Congress Cannot Make Furthor Issues of Greenbacks Legal Tenders, S—The british Parliament: The Houses in Ses- sion After the Prorogation—A New Mission Building at the Five Points—The Consecrated hog Pit—The Harlem Depot Tragedy—A Bundle of Tresses Stoleu—Villany in the Park-—An Old Fogy’s Idea of City Parks. G—Edivoriai: Leading Article on the Legal Ten- der Decision of the Supreme Court of the United States—Sale of the Thompson Collec- tion of Paintings—Antique Female Statue— Macdonald’s Bust of James T. Brady—Army apd Naval Intelligence—Amusement <An- nouncements, ¥—Telegraphic News From Al! Parts of the World: The british Parilament and Position of the Gladstone Cabinet; M. Rochefort Dees the French Judiciary and Ministry; Agitation and Outbreak in Spain; Murderous Assaults on Aluericans in the Streets of Havaua—New York Legisiature—Brooklyn Fire Departmant Ball— Metropolitan Festivitles—Reception of the fone Yacht Club—Musical Review—Souvenirs of the Rebellion—Amusements—Personal Iu- telitgence—Business Notices. SeProceedings in the New York and Brooklyn Courts Yesterday—Manictpal Affairs—New York and Brooklyn City News—The Pennsyl- vane Coal Trade—Strikes and = Strikers— Marriages and Deaths, 9—Pipancial and Commeretal Reports—Real Bs- tate Transfers—Organization of the Boot and Shoe Doard of Trade—Suiciae of a German— Advertisenients. 10—The Wheets of the Custom House: Meet- ing of the Public Cartmen—Probaple Marder in Trenton, N. J.—Rail- roaa Mismanagciment—The Spanish Frigate Victoria—The Nationat Labor Union— Tne German Legal Protective Association— Buburban Intelligence—The Fat Men in Councll--The Legislative Fighting Com- mittee in Town—The Wyble Family and the Townsead Family Donatious— Lyceum of Natural History—Crime in Ohio— Telegraphic News [tems—Obttuary—Shipping Inteitigence—Adveriisements, 11—Advertisementa. 1A®—Advertisements. NOTICE 10 HERALD SUBSCRIBERS. We will esteem it s favor if our readers will inform us, by letter addressed to this office, of any dereliction on the part of the carriers of the Hrna.p, either in farnishing the paper late, substitutiug other city papers, or leaving spoiled sheets, Kir Burn’s Rat Prr was dedicated to re- Tigion yesterday, and will no longer be a bot- tomless pit. ‘Tnx Tear, oF Mcfantanp.—Judge Bedford bas decided against the motion to transfer the case of McFarland to the Court of Oyer and Terminer, and it will be tried in the Court of General Sessions. The caze will be ready ia sbout four woeks. Tux Comine Cexsvs.—It is probable from the discussion in the Senate yesterday on the Census bill that the matter will be arranged so that the census of 1870 will be taken under the regulations of 1850, modified to suit the new amendments to the constitution. Compouxpine Fatonres.—Judge Ingraham, In his charge to the Grand Jury at the Court of Oyor and Terminer yesterday, especially referred to the compounding of felonies which has become so frequent. That prominent lawyer in Wall strect, of whom we spoke the other day, would bea fine case for the jury to experiment on. Toe New Assooratz2 Jvstices.—Judge Strong, of Pennsylvania, and Joseph P. Brad- ley, of New Jersey, have been appointed to the vacant-judgeships on the Supreme bench. Both of the nominations are strong, but the Southern Senators ohject to Bradley because (Peeoy want their own seation revresented. How ‘A HOUSE, Tammany Building, Mth OTRELB. NEW YORK HERALD, TUESDAY, a Court of tho Unkoed Stutes. We publish this morning in full the decision of the Supreme Court of the United States embraced in the opinion delivered by Chief Justice Chase on the constitutionality of the Legal Tender act of 1862 in its application to debts contracted before the passage of the law. The question was brought before the court on an appeal from the Court of Appeals of Ken- tucky, and the decision of the court below is sustained, that a contract made before the passage of the law cannot be discharged in the paper money of the United States, but must be paid in so many dollars and cents, gold valua- tion. The Legal Tender act of Congress, approved February 25, 1862, provides that Treasury notes (greenbacks) authorized by the act shall be receivable in payment of all United States taxes, excises, debts and demands of every kind due, excepting duties on imports and interest on the public debt, and shall also be lawful money and a legal tender in payment of all debts, public and private, within the United States, excepting duties upon imports, &c. This is the law in question, and since its pas- sage it has been universally accepted as cov- ering all private debts and obligations through- out the United States, including contracts made before as well as those made after the passage of the act. In tho simple prohibition of the constitution against any ex post facto law, without any further words on the sub- ject, one wonld think the question settled that even an act of Congress, making its paper mo- ney a legal tender in the payment of all debts, could not operate backwards; butin the nearly equal division of the Supreme Court upon this case, and in the exhaustive and somewhat ex- hausting opinion of the Chief Justice on the one side, with the dissenting opinion of Mr. Justice Miller on the other side, we see that the plainest constitutional provisions, before a committee of lawyers, are involved in the greatest difficulties, doubts and uncertainties, Tt is enough, however, that the majority of the court are with the Chief Justice in his opinion that gold or its equivalent must be given in the settlement of all debts and obligations contracted before the passage of this Legal Tender act of 1862. In the single item of interest on mortgages in this city alone this decision, practically adding twenty per cent to their value, will perhaps require an increased payment in greenbacks of seven or eight millions ; for we estimate the principal of the unsettled mortgages in this city con- tracted prior to the approval of the Logal Tender act as covering not less than five hun- dred millions of dollars, Throughout the coun- try the holders of mortgages and other contracts to which this decision will apply are gainers to the extent probably of over a hundred millions in greenbacks. But this opinion of the Chief Justice is of less importance in the decision given than in the decision withheld. The decision given does not touch the validity of greenbacks asa legal tender since the passage of the act of 1862. All such payments, therefore, still hold good, and may still be made. Whatever may be the opinion of the Chief Justice upon this important branch of the subject, he has care- fully avoided expressing it, and for the reason, no doubt, that he has thought it best not to risk a decision at this time. For example, if the Chief Justice had ventured an opinion, one way or the other, and the majority of the court bad decided that the paper money of the United States cannot be made a legal tender by act of Congress, and that the act of 1862 is null and void, a financial revulsion would be precipitated upon the country, the conse- quences of which would be disastrous beyond all contemplation. It would involve the whole country in financial chaos and the government, perhaps, in hankraptcy and repudiation. This panic and this convulsion have been avoided, and we have no fears that the Supreme Court will risk for a long time to come a decision against our greenback cur- rency as a legal tender. As the father of the as the founder of our present national paper money system, bonds, banks and curreacy, we cannot doubt that upon this legal tender question Chief Justice Chase is Chase the Secretary of the Treasury. We cannot believe that he would delib- erately proceed to build up a paper money system which he _ believed to be unconstitutional, nor can we. suppose that he has since become so much more learned in the constifution as to change his mindon the subject. In short, we have no fears of any decision from the Supreme Court that will derange our financial system, the gredit of the government or the business affairs of the coun- try growing out of the financial measures adopted by Secretary Chase to carry the tr threngh the late revolutionary war. ment—Queen Victoriu’s Abdication Can- vassed im London. Tho occasion of the reopening of the session of the British Parliament to-day affords us a fitting and meet opportunity to present to our readers an exhibit of the actual condition of the vast Old World empire as it will be stated, in the name of its ruler, to the members of the two houses, Lords and Com- mons. The Crown of the United Kingdom eets the representatives of the peoples sub- ject to the sceptre of Victoria in a very serious crisis of its history. It is, consequently, of great moment that the enlightened, educated and neutral tribunal, the American nation, a tribunal which will most probably be eventually compelled to arbitrate the many issues which will directly exist between the democracy of Sogland and the remnants of the feudal and aristocratic interests which remain in that country, should have an_ intelligent statement of the case. This we now supply. Franchise reform, the rights of labor, freedom of conscience, free trade, free schools, freedom of political expression, the Alabama claims, summary judicial sentences and Irish donvicts, the colonial situation, the shipping interesta and telegraphs, will all engage the attention of the members. Our special résumé to-day will thus enable the readers of the Heraup to keep the track of the foreign legislative work as it progresses in London. In this connection we may mention hero that we have it stated in a special correspondence from London that the question of the abdica- tion of Queen Victoria is again canvassed ac- tively in the highest gircles of English society and almost demanded by the masses. It is also said that her Majesty has fallen into the— in hor case unnecessary—habit of hoarding money, and that she has to-day the sum of half a million of pounds sterling standing to her credit in various banks—savings from an allowance of one hundred thousand pounds sterling perannum, This unprofitable absorp- tion of the public money displeases the people—a fact which was perceived by the late Lord Palmerston at an early date, when he, in his independent constitutionalism and prudent Cabinet anticipation, proposed an abdication and regency years ago. We shall seo, _ The Pilots and the Herald. We yesterday had the pleasure of receiving the following LETTER FROM THR PILOTS OF NEW YORK. New Yous, Web. 7, 1870. James GORDON BRNNETT, Ksq.:— Sir—The undersigned Sandy Hook pilots, in view of the kindly consideration which prompted you to cause the publication of the article upon the organi- zation, workings and extent of our business, a3 appeared in the HERALD of Friday last, giving us thereby the benefit of such an admirable exposition, and also for past evideuces of your esteem, desire most heartily to thank you, and to assure you that thege favors are duly appreciated. We are, very respectfully, your obedient servants, H. HARRINSON, On behalf of the New York and Sandy Hock Pilots, DANIEL C, CHAPMAN, On behalf of the New Jersey Pilots. As according to the old axiom ‘‘good wine needs no bush,” so the pilots of New York can receive no more than praise well due them, let it come from what quarter it may. For over thirty years the Hzeratp has been the willing endorser of the claims of the hardy pilots of the port. They risk their lives and their property to preserve the lives and pro- perty of others, They go from our shores from five hundred to a thousand miles for the purpose of showing the way for an inward bound ship to enter our beautiful bay and into our eminently “snug harbor.” In view of the interests of this deserving class of enterprising men, whose income from pilotage has been considerably reduced since the introduction so largely of steam into our foreign commerce, we hold it to be a small potato business for our merchants to attempt to reduce the amount of fees well earned by our pilots for their perilous ventures. These merchants—we hope the insurance under- writers are not included in the class—seem to forget the danger our pilots run, not from the accidents liable to all who ‘‘go down to the sea in ships,” but from their liability to con- tract diseases by boarding vessels upon which contagious diseases, like the yellow fever, smallpox or ship fever may prevail, Taken altogether, while thanking our friends, the pilots, for their complimentary notice of our- selves, we repeat that whatever we may have said in their behalf has sprung entirely from an appreciation of their high merits, and with @ sincere desire to aid them in the future as we have endeavored to do in the past. greenback, RocuerorT AND THE Frenon Govers- MENT.—Some days ago M. Rochetort was tried and found guilty. He had instigated opposi- tion to the government, and one of the results of that opposition was the murder of one of his assistants by the hand of a Bonaparte, and he a cousin of tho Emperor. A jury found M. Rochefort guilty and pronounced his sentence. The sentence gave M. Roche- fort some time and some privileges, He bas not taken advantage of either the one or the other. The time has come when he must go to prison, or, in other words, surrender him- self to the authorities. Rochefort says he will not do either the one or the other. If the authorities want him they must come and take him by force. This is the latest. If the French government do not come and take him by force they will reveal their weakness, If they come and take him by force they may reveal the strength of the opposition. It isa fresh dificulty. To our minds it is one other proof of the danger of delay. National jus- tice, to be efficient, should be swift. e rather expect that after the addition to he Supreme Court of the two members required to fill two vacancies (and for which the President has sent in his nominations to the Senate) we shall have an opinion from the Chief Justice, supported by a majority of the court, if not by all the court, sustaining the Legal Tender act. Atall events, as the Supreme Court (even when most strongly seasoned with State rights men) has carefully avoided any | disturbing collision with Congress on its war measures and reconstruction laws, so we expect it will carefully avoid any decision calculated to shake in any way our national currency or credit, as it has avoided any suc! decision upon this greenback appeal fro; Kentucky. Tux Invo-EuropEan TeLzeraru.—We this morning publish a cable despatch which an- nounces the completion of the Indo-European telegraph. This line, which is composed of land wire and cable, runs via Berlin, Warsaw, Odessa, Teheran (Persia), through the Persian Gulf and Indian Ocean to Bombay, Madras and Culcutta and the other points contem- plated. It will be seen from the cable de- spatch that a certain and, so far as we have had time to judge, not unreasonable offer has been made to the United States. It will be well, we think, for the United States not to be too rash in coming to terms. In a few days another line will be completed between London and the great Asiatic centres. The Great Hast- ern has,now, in all probability, almost com- pleted her trip. In that case a telegraphio communication will be established between London and Calcutta via Malta, Alexandria, Sues and Aden. When this line is completed wa may have even greater advantages, Tne Insurance InvesriGaTinc ComMirren held a session with closed doors yesterday afternoon, took some testimony and adjourned sine die, going of to Albany immediately. The newspapers, who have been giving the investigation o rather severe overhauling, evidently frightened them off, and they had no time to run up a bill for theatres, wine suppers and the like, to bo included in their estimate of expenses. It is probably as cheap a com- mittee, aa far as the people in general are concerned, a3 we have had for a long time, Prorgorivs Tagirrs.--The Houso appears to be nearly equally divided on the question of protective tariffs, the preponderance being on the side of the protectionists by about a dozen votes. A resolution to lay on the table a previous resolution favoring a revenue tariff and discountenancing protection was carriod yosterday by a maiority of twoiva FEBRUARY 8, 1870.— tors. Republican organs are making capital out of the reported disruption in the democratic majority in the State Senate in regard to the proposed now city charter, That a democratic majority in the Legislature of New York should get at loggerheads after twenty years deprivation of power is unexampled in the history of the democratic party in this State since the days of Jackson. The new charter restores to the municipality of the metropolis its ancient rights of sove- reignty, of which ft was deprived because a majority of the members of the Legislature from the rural districts of the republican per- suasion imagined there were pickings and stealings here in which thoy had no hand or finger. Hence their anxiety to delve in the supposed new political Golconda. Now, it has come to this—either the demo- cratic Senators will manfully support the new charter or they will whirl the State again into the radical line. There are four gentlemen who enjoy the distinguished honor of being representatives of the demo- cracy of the State in the higher branch of the Legislature. Three of these are from the metropolis proper. We mean Harry Genet, "Mike Norton and Tom Creamer. The quartet is finished by the introduction of Senator Chris Norton from Plattsburg, Clinton county. Senator Henry W. Genet is scheduled as a Tammany democrat, and hails from the dis- trict of Harlem, New York city, He was born in the land of steady habits in 1828, Beside the advantages of the place of his birth Mr. Genet has won very largely upon the esteem of his fellow citizens by an upright and manly career as a whig and democratic politician, Sometimes old whigs make very poor demo- crats, but in the case of Mr. Genet he has won laurels under the banners of democratic Tam- many, and there does not appear to be any reason why he should go back upon her in the vital matter of the new city charter. Michael H. Norton is also a Tammany democrat. Michael will belie his ancestry if he neglects the present opportunity to stick to the principles of self-government as vindicated upon the soil of his nativity by the pouring out of precious blood in behalf of the freedom of the Green Isle. In remembering Old Ireland Mike will remember Old Tammany. Thomas J. Creamer is also a Tammany dem- ocrat. Senator Creamer is a native of the metropolis. He knows as well as any other representative man the wants of the city and the free principles upon which it should be governed. Everybody likes Creamer. He is the créme de la Creamer of social and politi- cal festivities, and it would be strange indeed if he should wander from the fold and turn his back upon his gentle foster-mother, genial Tammany. Senator Creamer is a man of sense and discretion. His course in regard to the new Magna Charta will be viewed with es- pecial interest by his many friends and sup- porters in the city. Christopher F. Norton, from Clinton county (no relation, as we take it, of our Mike), the fourth in the quartet of doubtful Senators, is a ‘Hail Columbia” and ‘‘Yankee Doodle” democrat, It is his boast that none of his name, nor any ono else hailing from the noble fields of Plattsburg, which fringe Lake Cham- plain, where the distingiished Macdonough won imperishable renown in 1814 by splendidly whipping a British squadron under Commodore Downie, ever proved recreant to the principles of self-govern- ment, and it is hardly expected that Senator Chris Norton will suffer his laurels to be seared by an abandonment of time- honored democratic principles upon this ques- tion of restoring to the city of New York her just municipal rights. We will remind these doubtful Senators that the adoption of the new charter will be second in the page of history only to the adoption of the constitution of the United States. Therefore it will be exercising the part of wisdom as well as of patriotism for them to cast no obstacles in the way of its triumphant success, Let the whole instrument be tho- ronghly ventilated. If there bea nigger in the woodpile, draw him out and show himup. But do not permit a grand measure like this, framed and intended for the benefit of over a million of people, be thwarted by the machina- tions of political adversaries or the intrigues of local factionists. Morvezovs Arrack ON AMERICANS 14 Havana.—Four Americans were attacked in the streets of Havana on Sunday morning. They were fired on at first by a rowdy and afterwards treated in a most cruel-manner by the mob who gathered round them. One of the men was killed, two others were seriously injured and the fourth escaped unhurt, The only offence the Americans were guilty of was that of wearing blue neckties, This annoyed a rowdy and he fired on the wearers and thus paved the way for further outrage. This is a nice specimen of Havana rowdyism. It is consoling, however, to learn that ‘hanging for murder is not played out” in Cuba, for we are informed that the Captain General has resolved that when the culprit is arrested he will be tried by a drumhead court martial and executed within two hours after the sentence is passed. This is the only way to deal with rowdies who travel about with the knife and the revolver, both ready for use on the slight- est provocation. Would that we had a little such Captain Generalism in this city. Toe Frenon Darren Cana Company.— Parisian capitalists of late have been watch- ing eagerly the progress of events in the West. The prospect of a ship canal through the Isthmus of Darien now attracts their attention. The success of the Suez enterprise has given them the cue to look elsewhere for similar fields of labor. A short time since a company was organized in Paris for the construction of a canal across the Isthmus of Darien. A com- petent engineer has already sailed from Paris for the purpose of conducting the explorations in the interest of the company. This looks like*business, It is an evidence of the great necessity of 4 ship passage between tite two oceans. The French company shows that it estimates properly the many advantages which will surely accrue to commerce from the accomplishment of the great work. Suez would be only of secondary importance when compared to Darien. Tho French capitalists sce this, and hence their aaxioty in the gutting of the ivthmaa, ‘ TRIPLE SHEET. The New Charter and tho Doubtfal Soua- : sicinsanees Buazn's Lrrrur Ganx.—-Braai! is showing her hand, and before this her allies in tho Paraguayan war no doubt have realized the real part they played in their operations against Lopez. The latest news we have from South America tells us of a movemout on the part of Brazil to establish o military station at Higueritas, a post in the Uru- guayan republic, A pretext is given for this proceeding, but statesmen are never wanting in pretexts to sustain their measures, If the news proves true it may lead to grave con- sequences, Wo suggest that Secretary Fish should inquire into the matter. Tuo Natiowal Laber Union, In another place {n this day’s HeraLp we publish a couple of documents relative to the National Labor Union. Tho one document makes certain proposals to the New York Huratp. The other document states the immediate programme of the Union. With the latter dooument we have really nothing to do. Of the first document we have not much to say. We publish both because they relate to @ public movement of some importance. Re- garding the proposal made to the Hzrap we have only to say the Heraup never has been, is not now and never will be the organ of any clique, of any party or of any class. We think of the United States and of the whole body of the people. Our object is to serve the nation, not cliques, sects, parties or classes. Our columns will be open to the labor unionists, as they ever have been open and as they ever will be open to any body of men who seek to put down the oppressor or to annihilate wrong. We shall watch the Labor Union as we watch all other organizations, as, indeed, we watch all the world. When the Labor Union does well we shall praise; when it does not well we shall blame, ‘Meanwhile we wish all success to every cause that secks the right and does the same, Reve1s.—The democrats in the Senate, it * appears, are not averse to the admission of the colored Senator from Mississippi except on grounds of ineligibility, but many of the radical members are opposed to him on the ground of ‘alleged previous immorality. If this charge is sufficient to exclude Revels it ought to be sufficient to oust Senators already in, and would be likely to make a pretty clean sweep. A Nice Quzsr10n.—A cable despatch has it that the Ecumenical Council will soon deliberate on the opportuneness of the discua- sion of the dogma of infallibility. Opportune- ness is a nice word. It revesis what fe wanted and it unveils the danger. FINE ARTS. India Rubber Advertising by Atlantic Cable. We yesterday received by the Atlantic cable from London the following precious de- spatch :— Sale of the Thompson Collection of Paintings. Such an extensive collection of ancient and modern paintings as those of the late Thomas Thompson, of Boston, the disposal of which at auction at the Leeds Art Galleries on Broadway, began yesterday morning, has never before been offered fbr sale in this city. As previously an- nouncea there are over 1,600 paintings in the col- lection, embracing every variety of pictures of the gid and modern scnoois, and the pro- dncts of a great diversity of artiste. A fine art connoisseur, and the collection of paintings being @ “ruling passion strong” with him, as the collection of diamonds is the all-pervading passion of the Duke of Brunswick, Mr. Thompson exercised an exquisitely cultivated discrimmation in his gelec- tions, and the result was a gallery of paintings of choicely unique character, of marked originality and rare worth. The pubitc having had abundant op- portunity to see them and judge for themselves m advance of the sale, there was of course a large gathering there yesterday. Among tho assemblage were many ladies, who, in their desire to possess their previously selected favorites, not unfrequently bid counter to gentlemen buyers. It was a notics- abie fact, however, tnat greenbacks—as in these unknightly days, so far removed from the chivatric era of the medieval times, too oftem is the case— ignored gallantry. Altogether the bidding was quite spirited, and the prices, though in nearly every case falling far short of the original cost, were very fair. At the opening sale, beginning at eleven A, M. and lasting till four P. M., 128 pictures were sold. The highest price realized was for an exquisite landscape by Geery, “The Valley of the Pennigewassett.” It 1s a superd work ofart—a landscape of living aud rarely sur- assed beauty. Next on the list was “The Water- Ing Place,” by Varney—a@ singularly excellent painting, in which the cattle are drawn with the ue like animation of Rosa Bonheur aud the follage ed with rare fidelity. This brought $20, us also @ portrait of Captain Duffe, vy J. Opie. “Mary Queen of Scote Accusing John Knox of Treason,” by Bromiy, brought $200. ‘ne Angel Lonpon, Feb. 6, 1870. The Times this morning reprints a great portion of an editorial article from the New York Times of January 24, and comments approvingly on the lat. ter’s assertion that American credit is dying in Europe because ru(lians slay ic at home. We give the above, it will be seen, an un- usual place for advertisements in the columns of the Hzrarp. We do this witha full appre- ciation of the charity we so kindly bestow upon a well deserving but a rather feeble con- temporary. It is pleasant, you know, to help the weary and the distressed. Therefore, while we reflect upon the: fact that the New York Times is or was owned in part by the agent of the New York Associated Press, and, fur- thermore, that the. Associated Press cable agent in London was once an attaché of the New York Times, we feel more than rejoiced in having this opportunity to display an instance of our exemplary philanthropy. The Heratp does not ask for itself any such style of advertisement. It paid for Atlantic cable despatches in the beginning of the enter- prise more than all the New York or all tho American newspapers put together. Yet, being in an association wherein interests are supposed to be identical or held in common, we may be permitted to inquire why cannot this same Associated Press afford to send, at an expense say of twenty or thirty dollars in gold per day, a cable despatch puffing up some other mem- ber of the Associated Press? Now there is our philosophizing neighbor of the Tribune. Why don’t the agents of the Associated Press in London and this city give the Tribune a lift by cable? We will not pretend to say z Appearing to bed in the Wilderness,’’ by what will be most interesting or most bene- Empol, | & Deaneist, Som, Uesagns: 1985. “Diana ficial to that journal; yet we venture to pre- eg ‘ou delicacy bry Boucher, the artist, brought $125. “The Deluge,” by Kumma, a masterly delineation of this suppositious chaotic era in the world’s history, $115. *‘Ariadne,"’ by Carra- cet, the head of the Bolognese school, $110, and the “Oowthorpe Oak,” ® majestic ploture of this proad Monarch of the forest, $107 50. “Washington's Farewell to the Army,” by Wright, of Boston, s group of rare portraits, painted with rare skill, $94, and “Magdaien,” by Guacino, $80. Among those bringing lesser prices was an oval “Landscape,” by Huber, which sold tor $58; “The Sanbeam,’’ by Bel- lows, ; “Portrait of the Prince of Wales and Fitzberbert,” by Hamilton, $36; “A Portrait of Lady Johnson,’ by Str Petar Sely, $32 560; “Boors Carousing,” by Moll- hau, $32, “Portrait of Mr, Poff,” py Inman, $60, Portrait of a iadv, by Rowiston, $42 60, “Madame Sevigny," by Regaud, $30. Copy of Gilbert Stuart's dict that the fact that an essay about the tariff on wool or pig iron, or upon the pro- pagation of strawberries or the incubation of squashes, if announced by cable as published in the London Star or London Post, or any other cockney journal, will be hailed with huge satisfaction by our pond lily featured contemporary in Printing House square. Then there is our other friend and enjoyer of the benefits of this benign association—the effulgent and exuberant Sun. Let the agent rf . rtrait of Washington, now 10 the possession of the of the Associated Press send by cable | Margnis of Lansdowne, by Jane Stuart, $31 60. A a despatch that won't cost more than | portrait of Captain Barlow, by Romney, $00. A A ‘ “Boys Playing Soldiers,” by Ronson, $37 60, Por- thirty dollars in gold, announcing that wait or his daughter, by Cuyp, $38. ‘iwiugns vee i oO! mm from ie arbor, ry lerstadt, the London Owl bas copied an oxtract | “horothea, trom Don Quixote, by Fox, $00. “Some from the Sun announcing that the genial editor has concluded upon having Mr. Daniel Drew, or Mr. Cornelius Vanderbilt, or Mr. George Law, or Mr. Reddy the Blacksmith the next President of the United States, That would be a vory nice advertisement, and would undoubtedly be handsomely apprectated, Then there is our copperhead contemporary that does up the election returns so truthfally and so capitally. It would make the jaws of a Cossac® of the Ukraine crack if he could see a cable despatch announcing that these mathe- matical hallucinations had boen copied into the Sjroridischski Klapperdong, the private organ of Alexander II., the Emperor of all the Russias. Our venerable coadjutor of the Journal of Commerce ought also to come in for a first rate notice by cable. It might be touched up and its ancient broadsides made to wriggle in glee by some happy reference to a Dutch importation or any other solidarity in that line. And now, having passed through most of the list of contributors to the support of the cable Associated Press, we modestly suggest that the Hgrarp may be allowed to have its turn. Knowing very well that it can pay for what it seeks, it would be pleas- ing for the Heratp to know that while its companions in associated cable publicity are not neglected, it may itself, some time or other, come in for a small share of the benefits of this newly invented style of india rubber advertising by Atlantic cable. Pumpkins,” by Carlton, $67 6v. ‘Briton Mother and Child,” by Hixon, $33, and ‘Leda and the Swan,’ a very small picture, by Dubuf, for $41. ‘The evening sale was largely attended; but the bidding was not quite so spirited. It 15 tho intention of the auctioneers to dispose Of 120 pictures at each sale. Among those disposed Of last evening the fol- lowing were priucipaliy noticeable:—-Sierstadt’s (No. 166) ‘View in Switzerland,’’ $100, aud two compan- jon pictures, Nos. 238 and 289, “Italisa Sunsev? and “Italian Moonlight,” $110 gach; “Landscape and Casule,” No, 170, Jackson, bag “Park Scene,” No. i71, 8. J. Watis, 140; “Entombment of Cnrist,” No. 99, Carrace!, 3 FO. males Bathing,” No. 165, Frangois Lemoine, $16; “QGupids Welding Hearts,’? No, 190, Jacob De Witt, $240; “English Corutlelas, Showery Day,’’ No. 191, S. KR. Percy, $485; ‘interior of Westminster Abbey,” No. 194, J. A. Knignt, $162; “Mariao,” No. 198, Ver- net, $160; “Philemon and Baucis,”? No. 226, Jacop Jordaens, $200; “Cupid imploring Jupiter to Restore Psyche to Lue,’? No, 236, $160. ‘The sale will be re- sumed to-day at eleven O'clock, @¢ No. 241 ia the cat. alogue. Autiaue Female Statue. A half life size statue, completed to the Nips, of whas 13 avleged to be a portrait of Sappho, wrought by a Cyprian artist out of hard chalk stone, a species of marble, is now on exhibition at No. 159 Fifth ave- nue. This work ia claimod to be 2,200 years old and only recently discovered. In these days of Carat giants many may be disposed to take the statements of the exhibitor cum grano salis, Whether it haa ‘tue antiquity ascribed to it ornotitis certainly a work of raré beauty. The features are the most perfect Grecian, and the posé of tne head and handling of the lyre on which she ts represented as playing show true artistic genius. There are ear! a@neck- lace and bracelets, show!ng the fondness for female decorations in those days, and all exquisitely chiselled. In connection with this are on exhibition a serlea ot paintings of scenes in and about the Holy Lana, taken on the spot by Mr. Backmayer, the exhibitor. As rough sketches and Correct delincatious of the scones they portray they are exceedingly well done. Macdonald’s Bust of James T. Brady. Quite a number of gentlemen, eminent tn art and literature, assembled at Mr. J. Wilson Macdonald's studio, 697 Broadway, yesterday evening, for the purpose of viewing the bust of the late Jamea T. Brady, which Mr, Macdonald kas just finished tor presentation to the Law Institute, As a work of art the bust is not inferior to the best efforts of the sculptor, snd ts worthy to commemorate the distin- guished lawyer of whom it is a striking ilkeness. Tho-poise of the head and the charactoristically firm expression of the mouth and chin are remarkably accurate. The bust is of the finest marbie and lite size, Mr. Macdonald had to rely on phovographs of hig subject aitogetherin the execution of bis work, having received the order after Mr. Brady’s death; but, a8 already stated, he has been entirely successiul, The committee of gentlemen who com- missioned Mr. Macdonald are well pleased, aud do not begradge the handsome price—$2,600—which they are to pay for it, The presentation 13 to be made to the Law Institute to-morrow by Judge Edmonds, jn the Supreme @ourt, and Mr, James W. Gerard will receiye the bust on the part of the insti- tute. An elegant pedestal has been provided lor the work and will be preres with ft. The slab on whieh the bust‘will stand when tn position is @ mag. nidicent piece of green marble. Tue Crry Tax Levy was discussed in the Board of Aldermen yesterday and laid over for a week in order that members might ex- amine the items. It will be found elsewhere in our columns this morning. The aggregate amounts to $9,854,349, which is a decrease on last year of $1,068,760, Tae Ixptan Appropriation Bit was re- ported in the House yesterday. It amounts to nearly three million dollars less than the appropriation last year, and nearly two million lesa than the department estimate. Here is an instance of the combined effect of Grant's economy and Dawes’ speech. Tue Leaan Tenner Act Deciston—Tue Errsor ix Watt Srrext.—It will be seen by our financial report that the decision of the United Stetes Supreme Court produced a pro- found sensation among the ‘bulls’ and bears,” who for an hour or two were at their wits’ ends to divine the result upon their stock and gold gambling schemes, At first, on the principle of Hoyle—‘when in doubt play trumps”—the “bulls” made hasto to sell out, while the “‘bears” began to bammer the market. After a while the ‘‘bulla” began to think ‘‘it wouldn’t be much of a shower after all,” and so rallied prices toward the close and averted what threatened to become a heavy break io, | Major William sick. Dye, Brevet Cotonat Fourth tnfaniry, at his own request, has been dropped from the rolls of his regiment, aud dtrected vo proceed walt orders. ae Saeouon of the President, Major Alexander Chambers, unassigned, 1s transferred to tue fourth infantry, and ordered to report without dciay to the Commanding General of the Department of tus Platte ror assignment, First Lieurenant. Charles Garretson, unattached, {a detailed for.dudy ta the Freeamen’a Bureau,,20d will be assigued to duty ia ‘Texas. ” ; ‘fhe resignation of Firat Lieutenant Francis J. Dung, twenty-second Infantry, yea beet avcopied. WAYAL INTELLIGENCE, Lieutenant Commander I. B. Chadwick has been the atock markes dctaoned trom the Tuscarora m4 9rdared home,