The New York Herald Newspaper, April 27, 1870, Page 8

NEW YORK HERALD BROADWAY AND ANN STREET, JAMES GORDON BENNETT, PROPRIETOR, Volume XXXV.... sc eecseseseesees este es No, 117 AMUSEMENTS THIS AFTERNOON AND EVENING. WOOD'S MUSEUM AND MENAGERIE, Broadway, cor- ‘ner Thirtieth wt,—Mutinee daily. Performance cvery evening. NIBLO'S GARDEN, Br = : op tener eee. Broadway.—Pirrin; ox, THE KING BOWERY TH! Vanirry—NEw ‘TRE, Bowery —Tuk FOREST O¥ BONDY— ORK TN 1540-70— BOOTH'S THEATRE, 234 st, between Sth and 6th avs.— A Wivow Hugt—Toopixs. THRATRE COMTQ"E, 516 Hroadway.—Couro Vooate 16M, NEGRO AcTS, &C. Matinee at Ws. WALUACK’S THEATRE, Broadway and 13th street.— ‘Tae Love CHase. OLYMPIC THEATRE, Broaaway.—New VERSION OF Macorrn, Matinee at 2. Pe ia AVENUE THEATRE, Twenty-fourth st.—FRov- Us i GRAND OPERA HOUSE. corner of Eighth 26d st. —LAE TWELVE TEMPTATIONS, ees RRS Ne ACADEMY. OF MUSIC, 14th a ey tees eee » street. ITALIAN OPERA FRENCH THEATRE, Miu at, po oeLtoae EATRE, l4ta st, and 6th ay.—Tus Lavy THE TAMMANY, Fourteenth PL tty ‘street.—GEAND VARIETY MRS. F. B. CONWAY'S P LADY AUpuEy's Suoamr, |S THEATRE, Brooktyn.— TONY PASTOR'S OPERA HOUSE, 201 RB’ ama Vocaitsm, NEGRO MUNGTRRLGY, £6. Matinee at C7? Spat BRYANT'S OPERA HOUSE, Tami BLP RYAS1S MINDTRELS. ms geen Pee 8 SAN FRANCISCO MINSTRE! Broa iway.—! TIAN MINBTRELURY, £0. mabe a ra rae & LEON'S MINSTRELS, 720 Broadway.—Frow OnLEINWAY HALL, Fourteenth street.—Grawp Cow- APOLLO HALL. corner 28th street a Tha NEW HIWRENTOON. Matinee atae st Broadway. HOOLEY'S OPERA HOUSE, Brooklyn.—MIn rus — SUPRENATURAL [LLUBIONS Hawurn eee HIPPOTHEATRON, Fourte LEY'S COMIN ATION. street—Prorrsson Rrs- NE ekz ‘M OF ANATOMY, 618 Broadway,— YORK MSE! BAND Ant, QUADRUPLE SHERT. New York, Wednesday, April 27, 1870. CONTI NES OF TO-DAY'S HERALD. Par. 1—Advertisements. 2—Adverusements. 3—Advertisenents. 4—Advertisements, S—The Sta‘e Capital: Lavt Day’s Session of the Lezislature of 1870; Gubernatortal Veto of all tle bis Granting State Aid to Rail- roads; Pasare of the Arcade Bil in the Assembly; Report ot tie Commitee on the Weehawken Ferry Noasince; the Eicht Hour Law Signed and I's Evforesnen! Ordercd—Tie Novle y of a New Indian Pelicy S'rike at Crotom N. Y. ‘sonal Intell\- gence—The Estate of Anson Buriingame—The ~ Int Ratlway vor Bri Is. Hichiy Inportant Reports from the Conn- cal: Prelat cal Protest Against Inialliviiity; the Ar hilsiop of Cnanpai “Heads the 5 Js tt Polley and Pow'r for the Dorma—The Lane Trazecy: How a Traveller Toppled In'o fFerntty; Fol! D tai's of the Hackensack Bridge Ovtrage—New York Ci'y News—Dinner of Union Col'ege Alunini Association of Yo: k—The Ba'imore Evang lical Alliance. V—The Gran! Bovleva d: O:namental New York A’ ove Fi'ty ninth Street; Only Centrai Park on a Ma ni‘rent S ale: Beauty of the Broad Ben- Jevar!: Co''ate al Improverrents at Washing- ton Heights and Vi-imty—The MeFariand Trial: Soun’t gs in the Deep Sea of Insanity; Me'a; hy-ics of Love and Emotion—Jack Tar Ashore—Soro-s on the Right Track—The Poets. 8—Editorials: Leading Article on the Influence of the American Navy in Cise of a European War—Amusement Announcements. 9—Telegraphic News from all Parts of the World: Fiance Agitated by the Plebiscitum Canvass; The British Colonial Quest.on Pun shment of the Greck Bri of the Eeumenteal Council; New the Artist—Obituary—City Politics—A Despe- > rado Run Down—Indfa—Business Notices, 10—Evrope: British Finance, Industry and Home and Foreign Speculation: Premier Ollivier's Cabi- ne! Porttion and the Policy Towards the Ple- biseitam—The Nezro Vote: Proclamation of George T. Downing—Indignant Darkies: The Fifeenth Amen(tments Go Their Whiskey Straight and Like It—Musical and Theatrical Notes—Hor-e Noves—The Force of Examp'e— Jersey City Police Cuptains—Kiled on the Erie Rillroal—HeraLd Quadruple Sheets—Miss Barka v9, 41—Procee lings in the New York Couris—Financial and Cominerelal Reports—The O'Day Murder— in Jersey—Antiquaran Relies at Tren- ton, N. J.—M: 12—Washington: x War; Refusal to Allow Don ass Through Fede- ral Territ ping Intellirence—Arve 13=Rowing : Grow Popu Bea's, their Construction, Classtfication, Di- mensicn: an! Cost; the New Paper Shells and Working By the Midshipmen vs. the Ata- Jantas—Treasu Spinner an} the National Banks—Alo tsh the Navy—An Interesting Com- putation—Advertisements. 14—Advertisements. 15—Advertisements. 16—Adyvertisemen| Ler tae Peopre Resoroz—That the cor- morauts of the lobby have been dismissed from Albany, and that their most outrageous schemes of spoils and plunder have failed. Two Great Events came off at Philadel- phia yesterday—the colored celebration of the fifteenth amendment and a prize fight. Let brotherly love prevail! Gotp Corss are the latest peculiarity devel- opedin Jersey. It seems that there has been a large number of old Spanish pieces discov- ered in Trenton by laborers excavating in a new street. The Jerseymen are excited about it. Tur Scuemers ror A Bic SpecuLation in the destruction of Broadway might as well now give it up. If a railway ring represent- ing untold millions of capital has failed to secure the job it may bo said that Broadway can't be sold by our Legislature, thongh the Legislature itself may be bought. Gxoxcr T. Downrxa is the latest colored pronunciado, He writes a long letter to the Heras, which will be found elsewhere this morning, taking the ground that the negroes wili all vote the republican ticket, whatever the faults of the party may be. Our demo- cratic friends must look out, for Downing isa power among his brethren. Asa colored man and brother he gives notice that he would not accept ‘social equality” with many white men whom he meets in public places. a European War. Complications seem to be arising in Europe. Who can tell what a day may bring forth, and how soon the armed hosts of the different nationalities may be contending with each other? France is in a feverish condition, and Letters and packages should be properly | upon the life of Napoleon depends the peace sealed. of Europe, as seems to be admitted on all ho. alas = sides, Prussia, having taken ber first great éorks, Mr. Washburn first affompted to take the lead {n the great movement for the resusci- tation of our commerce; but he was singularly _ NEW YORK HERALD, WEDNESDAY, APRIL 27, 1870.—QUADRUPLE SHERT, IaQuence of tho American Navy tu Case ef | himself that the latter have not forgotten the stride towards the Baltic, is only biding her time to annex Denmark, whose territory she considers a necessity in order that she may become a great naval Power. Prussia bas her eye also on the Denish Islands in the West Indies, and in this may be seen the reason why Mr, Seward backed out of his St. Thomas bargain; for evidence exists that at the request of Count Bismarck our late vivacious Secre- tary of State withdrew from his agreement and left General Raasloff involved in difficul- ties which finally compelled the latter's resig- nation from the Danish Ministry. Turkey and Egypt are on bad terms, and the latter only submits to the imbecile authority of the Sultan through fear of the interference of the great Powers. The monument raised by the Russian Empress still points the road to Constanti- nople, and the map showing the completion of the great railroad from St. Petersburg to the Crimea is an evidence that Russia is deter- mined to be prepared, in case of another great struggle in the Sea of Azof, to send her armed hosts to the Turkish capital. There is now a race going on between Eng- land and France to see which can build the greatest number of iron-clads in the shortest possible time. The former has already accu- mulated a fleet of iron-clads far greater in power than the wooden fleet of her palmiest days, and her great machine shops are pushing on the machinery of war as if hostilities were on the eve of commence- ment. While England has been constructing her fifty heavy iron-clads France has kept pace with her in building fifty-one, which, although not quite so formidable in the weight of their armor, are even superior in that of their guns. Russia, also, has entered into the competition and is building heavy iron ships. Prussia is fast catching up, and the lesser Powers of Europe are following in the rear as fast as their limited resources will permit—all of them far in advance of us. Now it remains to be seen what would be our position in case of a general war in Europe, of which we should feel the effects, no matter how neutral we might be. What respect would be paid to our small squadrons in the Mediterranean or elsewhere by the forces of France and England when it came to a question of sequestrating American mer- chant vessels for alleged violations of decrees in council or for ignorant running of paper blockades which the contending parties might think proper to enforce? Which one of our naval commanders could resist imposition ex- cept with a prospect of uselessly sacrificing his whole force without a chance of any public benefit? If we had only one powerful sea- going iron-clad with which we could go into action with the prospect of sinking half-a-dozen opposing ships before we were conquered our- selves there would bea prospect of some atten- tion being paid to the demands of our command- ers; for either of the great Powers would hesitate to put themselves in a position where they might be humiliated by us, or do anything that would be likely to enlist our strength against them if we were but respectably armed. We have the ability and ingenuity among our constructors and navy officers to build ships that could bid defiance to half a dozen of those now in the navies of England and France ; and, in connection with this subject, it is indis- pensable that we should begin to build before the contingency of a European war arises. If we were prepared no nation in Europe would wish to make an enemy of us; and, while ia case of a European war, all the commerce of the contending Powers would be swept from the ocean, ours, if properly protected, would come in for the carrying trade of the belli- gerents. There is, however, scarcely any hope of anything being done for the navy while such men as the Western Washburn exercise influence on the floor of Congress, or while any ‘one of the Washburn family occupies the posi- tion of -‘‘watchdoz of the Treasury.” (!) The late speech of Mr. Washburn, characterized, as it was, by misrepresentations and igno- rance, is only a foretaste of what we may ex- pect from that enlightened statesman! A child of four years old would be amused if it could read the weak attempts at argument and the illogical deductions of this Treasury Cerberus. He reminds one of a man who has taken a sufficient number of boxing lessons to induce him to go into the street and invite a thrashing from the first coal-heaver that comes along, or of a youth who attempts to swim withou$ his unfortunate in his efforts, end so muddled the matter that nothing has yet resulted from the different bills before Congress. Now he is going to let the navy go to the dogs, and use some of the money proposed to be spent for it in building merchant steamers that are here- after to be the only bulwarks of the nation! After all the trouble that has been taken to inform the honorable gentleman that the mercantile marine must be merely a great adjunct in time of war, he is going now to constitute it the grand means of national offence, the leading idea being to save dollars, which, in his eyes, have the size of cartwheels. In Mr. Wasbburn’s apparently well-studied speech, filled with disreputa- ble personalities on taval officers, there is not one grain of common sense, and not an indi- vidual throughout the country who read the Congressional Globe the morning after the honorable member brought forth his mouse but ridiculed his policy, deprecated his per- sonalities and regretted that so important a trust should be confided to such hands. It is such attempts as these to deceive the people, and get up the reputation of a great national economist, that are just now disgust- ing the public with a certain class of politi- cians of which Mr. Washburn is atype. The people do not believe in their figures nor appreciate their ill-tempered allusions against officers who are faithfully serving the country. Before Mr. Washburn assumes again to speak for the majority of officers of the navy and the American people he should first satisfy services of tho former during a war in which no mention whatever’ was mado of Mr. Washburn, Our Docke=—The Need of Improvement. Now York is lamentably behind other great cities in the rizht kind of city improvements , and in no special department where improve- ment is possible is itso far behind as in that of docks. To say that our dooks, as thoy at present stand, are a disgrace to us is to say but little. These rickety, rotten, dangerous structures would be contemptible in a city of far less commercial glory than ours; and indeed it is inconceivable that a city whose trade isin the hands of merchants of the most liberal, enterprising and energetic spirit— whose people take a pride in their progressive character—should so long have remained con- tented with the water front that it found satisfactory in the long ago years when it was one of the {nconsiderable points in the map of traffic. Our system of wharves and piers is now the same as it was when the commerce of the port was in its infancy. Tho wharves are faced up by a structuro of timber filled in bebind with the dumpings from excavations and other sources, and the piers that extend from the general wharf line are open timber frames, in some cases filled in with broken stone, in others not filled in, and simply floored over like bridges, Although the first cost of wharves and piers built on such a plan may be cheap, nothing more extravagant in the end could be contrived ; for the expense for repairs alone would in a few years suffice to build the most magnificent docks in the world. Constant traffic wears away the flooring very rapidly, and often great openings are left for months without attention. It is an occurrence not so uncommon as it should be for the street children playing on the piers to be drowned by falling through those places into the river. Then where a strong tideway bears directly on a pier some of its supporting piles are car- ried away, and the pier remains with its back broken for years. Occasionally a pier remain- ing thus for along while is at last, in some violent storm, carried away, to the injury of the shipping near it and piers have even been carried away with merchandise upon them, for which the city has had to pay damages. All this indicates the very great expense to be finally paid out of the city trade, in one way or another, for the worst piers and wharves that can be had, and may even help to show how much the worst cost more than the best. But there is now a promise that we shall soon begin to establish a better system. The-main point is to begin right, and to give the ciiy, in the matter of these improvements, all that it has to pay for. The law creating the Department of Docks authorizes a fair yearly expenditure, and evidently contem- plates a great progressive labor. If the men charged with the duties that relate to this expenditure will determine beforehand upon some definite plan, not for the improvement of the present docks, but for the building of entirely new structures of masonry, and will apply the money allotted from year to year to the carrying out of such plan, we may con- template the possibility of having the city some day as well supplied with dockage as some of its great commercial rivals. With the labor once fairly bogun we should be satisfied with nothing less than the best docks engi- neering skill can contrive. Congress Yesterday. Apparently both Houses of Congress had an exceedingly dull day yesterday. In the Senate Mr. Wilson introduced a substiiute for the Army bill. It proposes an army of twen- ty-five thousand men—a force that is not suffi- cient to keep our seacoast cannon from rust- ing. Mr. Wilson is right enough as far as economy is concerned, but there are many better ways to show it than by reducing the army to such an insignificant fraction as this, A great number of the officers to be mustered out or placed on half pay under the bill are men who have won their present rank by hard ser- vice, one day of which has, in many in- stances, earned their whole pay, and it is pitiable policy in such a government as ours to treat them so scurvily. A bill for the sur- vey of the ship canal and railroad across the Isthmus of Darien was introduced and ro- ferred. In the House the Fortification bill was intro- duced. It makes various appropriations for the neighborhood of New York, amounting to $314,000, appropriating $1,264,750 altogether. A bill was passed appointing special agents for the Treasury Department to spy out the books and balances of collectors and other customs offices. The most of the day, however, was devoted to an animated debate on iron. It is astonishing what a fruitful source of argu- ment this gubject is, It is the most cheerful subjeot on the book, exdapt Butler, and Cox and the absentees. An extended debate ensued yesterday on one of the many denominations of iron, and the Pennsylvania members, finding themselves beaten, indulged in invective and objurgation that were quite amusing. It is probable from present indica- tions that they and their cherished Tariff bill will both be defeated. Important News From Cona.—The news which we publish elsewhere from our special correspondent in Key West relative to matters in Caba is important. It seems that Captain General De Rodas is meeting with a most de- termined opposition from those officers from whom he might reasonably have expected the most energetic support. Valmaseda has come out openly against him, and not only disregards his instructions, but refuses even to obey instructions trom Madrid. General Carbo is also meeting with opposition from the Gover- nor of Cabanas Castle, who refuses to obey him. The rebels are taking advantage of the situation, and have shown themselves active and energetic in the Cinco Villas district. Owing to the critical state of affairs throagh- out the island the Captain General was ex- pected in Havana yesterday. Tue Prospzot at WasHinaton.—Fears are beginning to be expressed that the present session of Congress will run into the dog days. We think the two houses will have to clear out before the 1st of July; for the President has probably hinted to them that after that date his private arrangements will call him to Long Branch. Adjournment of the Legisiatare—Tho Arcade Abomination Passed. Last night the State Logislature, having finished the business of the seasion, adjourned sine die, Reviewing its work we find much to praiso and but litle to confféinn, It might have been expected, and probably was, that the democrats would make a sweeping and radical change in thd soveral depar:ments of government. For the first time fa many years they found themselves in complete con- trol of the State, and there was nothing to prevent their overturning everything estab- ished by the republicans had they felt s0 disposed. But, on the whole, they acted wisely, discreetly and: with a view to future party victories, They pro- mised to institute reforms, and have fairly redeemed the promise. With but the excep- tion of a single bill, to which we shall speci- ally refer, their legislation has been whole- some and conservative. Tho troublesome question of the canals has been settled ina manner which promises good for the State, and other measures have been instituted of a character calculated to prove beneficial to the people at large. But the most noteworthy and the best avt of the late Legislature was the passage of the New York Charter, by which the metropolis has been relieved from irresponsible partisan commissions and placed under the immediate control of her own citi- zens, who are the proper persons to adminis- ter the governmont of the city. For this work all the praise does not belong to the demo- crats. By promptly coming to the support of those of the majority who were opposed to seeing New York handed over to the Morris- sey-O’Brien faction the republicans acted with patriotic spirit and deserve commenda- tion. Indeed, taken altogether, the legisla- tion has been singularly devoid of partisan measures, and the debates have been, in the main, free from those asperities which have rendered noteworthy previous Legislatures. The only bill passed which meets with our unqualified condemnation is that incorporating the Broadway Arcade Railroad. This was rushed through the Assembly at the close of the session against the wishes of a large majority of our city representatives in both houses, and in spite of. the protest of the pro- perty holders along Broadway. We shall not now consider what influences were exercised to bring about the passaze of the bill, All we shall do is to insist upon Governor Hoff- man vetoing it. His principal objec- tion to the bills granting State aid to railroads holds good with this Arcade project. The people of the metropolis do not desire it, the property holders directly inte- rested oppose it, and he will be derelict in his duty if he approves the measure. Thus far his official acts have been statesmanlike and proper, aud we trust he will not permit any political or other coasiderations to induce him to abandon the high position he has assumed in his administration of the affairs of the State. It depends solely upon him for this bill to be- come a law, and we call upon him to kill it. The Sudden Arming in Europe. But tho other day the political songsters of the European press were attuning their softest accords to celebrate the certain coming and permanence of peace. We on this sido of the Atlantic joined gladly in the chorus for a mo- ment, hoping that much for progress and hu- manity, But now, it seems, the tune has very suddenly changed. The din of dreadful pre- paration is heard from the Danube to the shores of the Baltic. The Northern Colossus, Russia, is concentrating heavy corps d’armée on the Austrian and Prussian frontiers; Prussia is pushing her fortifications and her equipment of troops with improved weapons with the ut- most haste. In some of her arsenals and strongholds the work is continued by reliefs of men all night. The German journals say that the directors of the gym- nasia and other secondary institutions have been notified by the authorities to transmit a complete list of all professors subject to mili- tary service, yet indispensable for the duties of instruction, but to restrict the number as much as possible, so as to exclude all the day tutors and all professors who have any rank in the army—this step to be taken in view of a possible mobilization of the latter. In the Saxon army, which, of course, is to move in alliance with the Prussian, there is a general stir, All the new recruits and soldiers, as well as officers on furlough, have been recalled to their respective garrisons to participate in the grand manmuvres or to complete their instruction. Tho officers repair in crowds to Berlin, Spandau and other Prussian cities and camps to brush up their gymnastics, artillery practice, &c. Again the complaints of Denmark in refer- ence to the non-execution of the fifth article of the Treaty of Prague have placed the Aus- trian Cabinet where it must decide definitely upon the course it isto pursue on that subject, and this just at a time when the varions nationalities that make tp hér empire are all clamoring for special recognition, Thus Aus- tria sees trouble outside and inside of her frontiers, and little Denmark in real alarm is thinking how to defend Copenhagen from pos- sible bombardment by a German fleet. At the same moment we find General Cialdini, the best soldier that Italy has of high rank in i that same hypothesis. Should the now constl- | Our Special European Correspondence. tution triumph in France all mouarcbical | From London and Paris we have special Europe will instantly fool the thrill of reform, | despatches by mail in illustration of the situa- Should it fait hore is tmminont danger of an | tion as it existed in England and France—we ingurrection, a coup d'état or a forelgn war, to | may say, indeed, in Great Britain and on the be got up by tho Emperor in order to divert | Continent generally—on the 14th of April. the minds of his people. In any caso it is Our special writer in London exhibits the evident that the Old World foresces another | financial condition of England, the direction political earthquake, of the monetary enterprise of the country, its more solid hopes and most attractive cur- ‘Treasurer Spinuer Ventilating the National pers a rentspeculations. The industrial aspect was not at all cheering, ‘Change looked Inward We publish to-day another capitalletter from | ana outward a ee pisitt of profitable Mr, Spinner, the Treasurer of the United investment, while the people, the masses, States, on the grasping cupidity of the national surveyed the still narrowing circles of many banks, Mr, Sploner wants the Sherman Fund- | rather cheorless firesides, and debated by the ing bill to pass, and is rather savage with the | domestic hearth the subject of how they could banks for opposing it, The section of the bill | host meet the revenue imposts of the new requiring the banks to take new bonds at®| budget evon after their readjustment by reduced rate of interest—that is, bearing five, | Mr, Chancellor Lowe. From Paris we are four and a half and four por cent interest—in | told of France in preparation for the plebisci- equal proportions to deposit in the United tum; the nation placing the ‘‘house in order,” States Treasury as security for their oircu- | from the highest to the lowest of its sons—in lating notes, and in place of the six per cent | the ‘Tuileries, the political centres, the bonds now deposited, is the one the banks are | oaucus rooms of the “Reds,” in the work- opposing with uch determination. Mr. | shops, and in the streets. It was Spinner says, ‘To-day a gentleman said in my | 4 trying moment, evidently, in Paris, hearing that not. a corporal’s guard could be | the city reflecting an empire in political con- found voting for the Funding bill now pending | centration for the purposes either of a still before the House unless the section in regard more radical expansion or a still more solid to the banks should be stricken out.” He then | eohesion under the aristo-democracy of Bona- exclaims, “I don’t believe it, and I won't be- napartism. Apart from French politics we are lieve it until I see it, and then we shall see | told of religion, science, art, song and vital, what we shall see—what the people will have | statistics, Mr. Rénan was again before his to say on the sabject.” college and Patti triumphant in the Italian Though Mr. Spinner affects to believe that opera, magnetic, as usual, over the hearts of the banks will not show power enough in the | her sympathizing audiences. Our special Eu- House to defeat the Funding bill, or the bank ropean correspondence exhibit is thus at once section of it at least, he is evidently afraid of | instructive, consoling, entertaining and refin- it. Our special despatches from Washington | ing py its facts and widespread influence, assure us that “the national bank interest is beginning to develop itself, especially in the House. Members from the West boast that no measure can go through that is inimical to the banks. The same is also trae of the Southern members.” This is just what we have been telling the public for a long time past. We have had no doubt that this gigantic monopoly would develop a power superior to public sentiment, Congress and the administration whenever its interests wore touched. Probably two-thirds or more of the members of Con- gress are interested, directly or indirectly, in the national banks. It requires no prophet te show that their individual interests will prove superior to the public welfare. The banks are already turning round upon the gov- ernment that so recently created them and gave them vast privilezes. They get a free gift of over twenty millions a year, and expect to get forty millions from the pockets of the people and the Treasury, and yet they refuse to share the burdens of government. It is always so with vast corporations and monopolies. The banks say that injustice would be done them by the adoption of the bank section of the Funding bill referred to, and they have the cool presumption to talk of honor, justice, equity and good faith, What a mockery! They have already received immense advan- tages without giving the government or people anything in return, and Congress reserved to itself the right to legislate for, remodel or abolish the national banking associations. There would be no right to complain of injus- tice if Congress should take away from them the privilege of a national circulation and the enormous profits on it. In fact, it is an injus- tice to the people that the privilege is given away atall. Mr. Spinner shows bya ‘“‘ittle ciphering” what enormous gains the banks have received. They bought the bonds they de- posit at 111 in currency, at atime when gold stood at 201, which would be about equal to 554 in gold. Since then they have received back again on the nominal amount, for interest, thirty per cent in gold. They bought these stocks with circulating notes, on which they have not paida cent interest. In five years they have made a clean profit on their invest- ment of nearly eighty per cent, without reckon- ing the yearly profits on their circulation, These are the poor, suffering institutions that refuse to contribute a few millions a year to support the government, while all the rest of the community are heavily taxed. The Pope and the Czar. The antagonism or the alliance of two sove- reigns, one of whom has actual autocratic con- trol over the lives and fortunes of more than sixty millions of the human race, and the other claiming the spiritual allegiance and the brotherhood in Christ of a hundred millions of brethren—“‘Cento mitioné di frateli”—is a matier of undeniable importance, politically and socially, to mankind. It is, therefore, not with indifference that the statesmanship of Europe and America can learn that the Ozar Alexander has very recently manifested a decided longing to renew his diplomatic rela- tions with the government of Pius IX. A Berlin paper positively asserts that no less discreet and skilful a personage than the Baron Wasileff has, for a few weeks past, beeo active near the Holy Chair, having been specially despatched to Rome by the Cabinet of St. Petersburg to bring about, if possible, a rapprochement between it and the Papal Min- istry. A certain Monsignore Czacki, a Polish ecclesiastic of celebrity and great influence at Rome, is working to effect this object and to prepossess Cardinal Antonelli in favor of the new Russian policy in Poland; and a pious and accomplished lady of Polish birth, the Marchioness de la Barra Bodenham, who was conspicuous in aiding the conversion of the Marquis of Bute to the Catholic faith, is applying all her eloquence and zal to the furtherance of these Muscovite advances. The importance of this movement on the part of the autocrat of all the Russias cannot be over-estimated when we consider the exist- ing situation. All Europe is in the very throes of reconstruction, and there the chiefly rival elements are France and Germany. All Asia is shaking with the onward tread of the Czar, whose policy is felt in the very heart of the Chinese empire; has just annexed an island six hundred miles in length from Japan, and pervades the Ottoman empire, secretly and openly, from the banks of the Danube to the head of the Persian Gulf. Already Constan- tinople has become almost.a suburb of St. Petersburg. Meanwhile, on the westward sida, facing towards Europe, Rassia diligently hastens the provisioning and reinforcement of her strongholds, and avails herself of all the latest and best discoveries of modern science. The eleven-inch steel guns that now perfect. Their projectiles at long range will penetrate the thickest steel plating hitherto invented for vessels of war, and Russia is now so far independent of foreign aid that her foundries can furnish eight hundred splendid guns, of heavy calibre, per annum. The Grand Dake Michael has just reported that the whole field artillery of the empire has been equipped with steel rifled breesh-loading pieces, and that the sharpshooter battalions The Lnfallibility Dogma—The Protesters at Last. At last we see somo fruit of our Sunday editorials on the folly of Rome in the matter of infallibility. We knew all along that we were expressing the sentiments of the best Catholics in the United States, in Great Britain, in every English speaking country, and, indeed, in all parts of the world. The Catholic Church in the United Sigtes, inwardly ashamed of the doings | Her? nh te Pont val gee lr sm of the Council and the ultramontane tenden- istence, The. whole body of . infantry cies of the Pope, has been slow to speak out. It has been moro or less the same in Great Britain and in France. At last, however, the patience of the most patient has been exhausted. In our columns to-day will be found a pro- test against the defloition of the dozma of in- fallibility, in the required form and with all necessary solemnity, presented to Pope Pius the Ninth by a large number of church dignita- ries, We are glad to find that twenty-one of them are Americans, and that of these twenty- one twelve are natives of the United States. The accompanying document will well repay perusal. We had all along hoped for some such action. It has come late; but better has been armed with patent rifles, and the factories are working night and day on the best known model of repeating arms for the cavalry also, along with metallic car- Who will say that these imposing preparations are for idle show? Russia is a practical Power, and when she moves it is with a defi- nite object. The mountain capped by the rock of St. Peter would not come to the Mohammed of the Doa, the Dnieper and the Volga; that Mohammed, then, must go to the mountain, ‘The whiskered Pandours and the fierce hussara” of the Danube and the Ukraine are, metaphorically, on the march stud the walls of her maritime fortresses are“ tridges sf g novel and qpeculiar efficiency.’ late than never. This protest will fall like a thunderbolt on the nations, It is not, perbaps, bold enough, But what fruit it is to bring forth who can tell? It is a beginning not at all unworthy of the Catholic Churoh of the United States. Tue Governor's Vetors.—Governor Hoff- man has given the Legislature some excellent vetoes in the course of the last two years; but his veto of one of the State aid railroad bills, which knocked the whole lot in the head, was the best of all. Our railroad corporations all over the United States are getting to be rapa- cious beyond the limits of public endurance, and it is high time to “‘put down the brakes” against their intolerable demands for money from State treasuries and for money, lands and bonds from the United States, Therefore we heartily commend these railway vetoes of Governor Hoffman to the approval of the people of New York city and State. Goop Acain.—The Central Railroad bills, at Albany, covering an increase of fares, had to be abandoned. Our lawmakers found out, her service, resigning because the army is to be reduced at a crisis—as he seems to con- sider it—in the fate of his country and of Europe. In the meantime his Holiness graces repeated military reviews at Rome with his presence and that of his oardinals; puts squads of infantry through the manual in the galleries of the Vatican, giving the word of command with his own Poatifical lips, and is said to be collecting arms and ammuni- tion for two hundred thousand men. Spain awarms with armed bands, regular and irregu- lar; and now Portugal begins to take a hand in the dance. In all directions and all coun- tries trade strikes are rife, and in some of them are suppressed by ball and bayonet. Such is the general situation, and, with regard to the sudden armaments, the question naturally arises, What is now in the wind? Is it the plebiscitum, the infallibility dogma or tho revolution, or the coajunction of all three together, that so shakes the potentates from their propriety? In a former article we hinted at the contingency of a grand Northern alli- ance to meet the eventualities that may arise | perbaps, that if they passed it they would have ia France, and we are inclined to seck for the | to explain this thing tothe people and be held \.explanation of what we now fad going on in | to answer for it, ‘ —_—— ee again. Are their pennons turned toward that glittering point in the eastward distance where the Roman and the Greek cross—the emblems of a common Christianity at least—surmount the heights of Mount Zion? And while the empire of Charlemagne arises again from its slumber of ages, summoned thence by the genius of Germany's great statesman, are we, in our day of wonders, to behold a reunion of creeds, a reconciliation of long-severed breth- ren anda sublime triumph of light and pro- gress where the crescent shall have set for- ever behind the Holy Sepulchre? Was it with true prescience of this groat time, rather than with a mere foreshadowing of his own, that Constantine saw the sacred emblem in the sky and read the prophecy of victory— in hoe signo vinces ? Inrormation Wantep—Of General Banks, chairman of the House Committ2e on Foreign Affairs, concerning the delay of said commit- tee in making a report on the Cuban ques ion. Are the committee waiting tor the end of the Cuban insurrection, or for the election of a King of Spain, or for the dogma of Papal infal- _ lbility, or what? ,