The New York Herald Newspaper, October 26, 1870, Page 6

Railroads, the Telegraph and the Prens—The Ruling Moral Forces ef the Present Age. Benjamin Disraeli in one of his politico-phi- losophical novels bas a prominent character, who moved the governments of Europe as Pleces are moved on a chessboard, through the power of his wealth. This man might All business or news letter and telegraphic | have been intended to represent Rothschild, despatches must be addressed New Yorx | for heisan Israelite of almost unlimited means ; ‘Hera. but he is in part a creation of the imagination, and represents the vast power of aggregated Lehipes and pakngne: Shas he peony wealth, in combination with lofty ambition and sealed. broad statesmanship, working silently to ac- Rejected communications will not be re- | complish groat ends in conformity with modern turned. ideas. He is, in fact, a sort of Rothschild and Disraeli combined in one individual. In this character is depicted one of the most potent moral forces that control the political affairs of the world. As the American republio affords the best illustration of the fact stated above we shall + $2 | pay more particular attention to the influence 5 | of the power of money here. Our remarks will S | apply, however, to afl the civilized and pro- NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR. THE DAILY HERALD, pubdiished every day in the rear. Four cents per copy. Annual subscription Trice 812. THE WEEKLY HERALD, every Saturday. CeNnTs per copy. Annual subseription price:— One Copy.. ‘Three Copies Five Copies t Five ‘ven Coptes 15 | gressive nations as well, though not, ADVERTISEMENTS, to a limited number, will be in- | perhaps, to tho same extent. Though verted in the WEEKLY HERALD and the Enropean | Wealth performs an important part in Halition. 40B PRINTING of every description, aiso Stereo: éyvping and Engraving, neatly and promptly exe- sulted at the lowest rates: Volume XXXV. the political affairs of European nations there are other moral forces at work which we have not in this country. Monarchical ideas, aris- tocratic sentiments, the assumption of and def- erence to long established privileges, and the influence of caste or class in society and gov- ernment prevail to a great extent in Enrope, The latter particularly—that is, the sentiment and pride of caste or class—permeates through all grades. This is more remarkable in England, probably, than on the Continent. The very costermonger is an aristocrat in his way. He affects a superiority over some one else. True the struggle to break down these barriers and to elevate the masses has com- menced. The growth of intelligence through the press, the quickening influence of the telo- graph, and through bringing people together by means of the rapid locomotion of railroads, is working a great change. The present war has done and is doing much to enlighten the people and to uproot old ideas. Still, as we said, the sentiments and sympathies of the Old World cling ina measure to the past. The moral force of old institutions and babits operates yet. We, however, are emancipated from the Eu- ropean ideas of and sympathy with monarchy, aristocracy, hereditary privileges and distinc- tions of class or caste. We keep up with the progressive ideas and developments of the times. Even the domestic slavery of an infe- rior race and their political inequality had to be given up through the progress of liberal sentiments which are embodied in our Declara- tion of Independence and in the genius of our institutions. But with the extraordinary growth of the country in wealth and material improvements another power—another politi- cal and moral foree—bas come into existence. This newly developed power is in our rail- roads. The enormous capital invested in these, and the concentration of it in a few hands, comparatively, enable the managers to control, yea, to buy up if necessary, political jeaders and legislatures. The railroad pro- perty of the country of all kinds—stocks, bonds, lands, rolling stock, buildings, manu- factories and money—is scarcely less than two thonsand millions of dollars. The gross annnal income approaches that of the federal government, and the profits amount, probably, to nearly a hundred and fifty millions a year. We speak of the proprty at its present esti- mated or nominal value, and not of the | cost of the railroads, because the stock in -No. 299 USEMENTS THIS EVENING FIPTH AVENUE axp Wire. BOOTH’S THEATRE, 83d Rr VAN WINKLE. FOURTEENTH STREET THEATRE (Theatre Francais)— Watiuee at 2-Many Srcamr. Eveming at 8, THEATRE, Twenty-fourty st.—Man tween Sib and 6th ars. — WALLACK’S THEATRE, Broadway ana 1stb Two Rosrs. LINA FDWIN'S THEATRE, or THE WareH—La Somn. NIBLO'S GARDEN, Bi Tax MARRIAGE OF FIGARO, wee Broadway.—Carrain A, dO. y-—ENGiisn Ovgra— NEW YORK STADT THEATRE, 45 Bowery.—Guanv GeARMAN OPERa—Tur Magio Flor. GRAND OPERA HOUSE, corner of Etghth a ud at.—Le Petit Fagst. OLYMPIC THEATRE, Broadway.—Tue PaNnToOMIME oF ‘Weer Witte Winkie. Matinee at 2. STBINWAY FALL, Fourteenth street. ay GRAND CoN. cnr, WOOD'S MUSEUM Broadway, corner 20th st, maces every a\\-rneen and evening. e and MLULF. NILSSON Perferm- r epabel eit BOWERY THEATRE, Bowery.-.Lirr,x Dicx—NEw Mork Busitass. *LOBE THEATRE, 728 Broadway. Varinry Enres- SAUNMENT—LUORETIA Borgia, M.D. diatinee at 23g. BROOKLYN ACADEMY OF MUSIC. Fanny Janav- pore as Lavy Macngra. TONY PASTOR'S OPERA SOU3SH, 21 Bowery. -Va- vAniy ENCKRTAINMENT. Matinee at 23g. THEATRE COMIQUE, 614 Broadway.—Comio Vooar- Ysa, N¥GRO ACTS, 40. Matinee at 24. BAN FRANCISCO MINSTREL HALL. 585 Broa iway.— Nn@Ro MINGTERLSY, Fanos, BUR .xsQurs, £0. KELLY & LEON'S MINSTRELS, No. 896 Broadway. — ‘as Ony Lron—La Rose pe Sr. Foun, £0. HOOLEY'S OPERA HOUSE, Brookiyn.-Neauo Mrx- STRALSY, BURLESQURS, ae. BROOKLYN OPERA Hw’ Wurre’s MinsTuers—Pasrin P——Weiod, How pot THE Lever, & a NEW YORK CIRCUS, Fourteenth street. SoeNks UX WUE RING, ACKOBATS, AC, Matinee at 2g. AMERICAN INSTITUTE EXWIBITION.—Ewrine Kevx, Third avenue ant Sixty-third street. NEW YORK M/SEUM OF ANATOMY, 618 Broadway.— SCIENCE AND Aur. DR. KAFIN'S ANATOMICAL MUSEUM, 745 Broadway. ROVENUK AND Att TRIPLE SHEET, Now Yorks Weduenday, October 26, 1870. CONTENTS OF TO-DAVS DERALD, Vace. Advertiser many cases has been doubled or inflated Advert ip 5 3=The W fance—City Politics—Quarantine | More than that, Tt must be remem- Amuirs, & red, toc hi st of these railroads 4=—Maryiani -Inanguration Day at the | Pered, too, that most : Public n earn a good interest on the inflated stock, for which the public have to pay in increased fares and freightage. Imagine what a power this stupendous capital with its vast annual income gives to the magnates who contro! the railroads, Then look at the hun- dreds of thousands of people either employed 4 oa oa apg the | on them or directly interested in them, as e Press, the Ruling Moral | stockholders, bondholders, contractors or Personal Inieli- | the October Trotting iz: at Sale of Washington Heights Property— ‘The Proposed Increase of the Police Foree— Episcopalian Boare of Missions—The Blockade at the Bar: The First Ward y; Progress of the Case Yest of the Murder—African Diamonds— | nents. | some other way, and all under the influence of join Washingtoa ot the world | the managers, Can we wonder that aspirants : The Sappho and Dauntless Ocean —Business Noilees. | S-Another Aunospheric Phenomenon—Marriages and Deaths—Advertisements. nents, City Courts—Erie on a road Suits and Wh ye Ninth Regiment on welligence— Advertisements, for political honors bow to this mighty power? Need we be surprised that the Legislatures of the different States do whatever the railroad eb bid, or that even Congress does what they wish? Such immense wealth would be powerful in any form, in the coffers of the | Rothschilds and other great capitalists of Ee Bo SRAIGIE ERT | Eurepe or in the hands of such capitalists as Curr Jcstioz Case, we are sorry to learn, | the Astors and Stewarts of America, but not is still so enfeebled in health as frequently to | go wach so as when used in railroads and ye unable, to see his most intimate friends. | other great material improvements. Its rami- He has been a hard worker, and we fear that | fications extend to every portion of the coun- his streagth has thus been so far exhausted | try and affect all interests, and its influence ‘that his days of pw usefulness are nearly | ¢, msequently must be co-extensive. ended, although the quiet position of a | In the time of General Jackson the cry of Supreme Court Justice is favorable to a good | olarm was raised against the money power of old age. | the United States Bank. It was asserted by Tag Yevrow F continues to spread in Spain. Waving ravaged Barcelona it has Fpread to Alicante, and is now feared in Cadiz. Af the Spanish quarantine laws were as strict | ps they should be the country might have been @pared the infliction it is now suffering under. jHowever, the winter is approaching, and King ‘rost will afford the relief so much desired and ‘so eagerly prayed for. the Jackson party that this institution was dangerous to the liberties of the people and the institutions of the country. Yet its capi- tal was only thirty-five millions of dollars. What an insignificant sum compared with the railroad capital of to-day! What strides the country has made since that time—in the short period of forty-five years! Mr. Biddle, the | President of the United States Bank, was a great power in his day. The Bank exercised great influence in political affairs. There was, in fact, a similar alliance between that institu- tion and politics to that which we see growing up between the railroad interests and political parties now. The tendency to consolidation loracy.” Very good; but let Tammany be- or union of laterests among the different rail- ware of making or accepting any provocations | rai ci ee lt anager aoe eae Yor Aisorder. ‘Law and order now are pre- | more, A few of oan trunk linea—such eminently the true policy of ull parties, and bd ee uae ried vile aim Petit ta 4 : Central, Baltimore and Ohio, the Pacific, and be -vineRA als aie ‘gre ret iy Ilinois Central—have already obtained con- trol over most of the vast network of roads throughout the country, and a few magnates TAMMANY'S PREPARATIONS for a grand democratic turnout to-morrow night are evi- Aently intended as a visible demonstration to Marshal Sharpe of the popular strength of © Wigwam, and as a flank movement upon e floating elements of the ‘Young Demo- Financial Prospzrity or Our Crry Txs- ArTREs.—Oue snre test of the prosperity of a city is the amount of money which its inhabi- | like Vanderbilt, Gould, Scott, Garrett and tants are able and willing to spend for popular | others are virtually the masters over the whole, amusements. The fact that the receipts of | What, then, are not such men worth to eighteen of our theatres and concert halls | political leaders or to any political during the month of September amounted to | party? Our New York politicians of Tam- . taining within a few years a controlling influ- ence in the national government. The new political power in the republic will be found in the combination of railroad interests with skil- ful political machinery, and all under the man- agement of a few men. The War Situation—The Probabilities of Peace. The French sortie from Paris on Friday appears to have been successful only so far as killing a few of the enemy is success. No important position was taken and held and no break in the German line was effected, Sorties like these, if very frequent, are usually very demoralizing to the besiegers, especially where the besiegers are as disaffected otherwise as the Prussians about Paris seem to be. It is stated that there is much sickness among them and that they are disgusted with the slow progress of the siege. The Francs-tireurs harass them continually in the rear, coming indeed almost into Versailles itself. Schles- tadt, a stronghold on the northeast frontier, has surrendered after a fierce bombardment. Its possession is important, as it gives the Prussians command of 2 railway from Stras- bourg to Mulhausen and thence by Chaumont and Troyes to Paris; but it is far more im- portant from the fact that it gives them full possession of Alsace, a province which they claim as a consideration of peace, and which two hundred and sixty-three thousand and | many have discovered their value. They have eighty-seven dollars indicates ngt only the | had the sagacity to see the mighty power of the prosperity of New York city, but the presence | railroads and have been quietly laying the “within our gates” of a large number of | foundation for s permanent alliance, offensive visitors. During Septem and October the | and defensive, with them. And the railroad hotels have been cro’ beyond precedent, | chiefs have not been slew to unite with the and their guests always swell the tide of our | men who command the political situation in the own theatre-going population. great State of New York. with a prespect of at- they have now won by force of arms. Metz, Verdun and Thionville still dispute with them the possession of Lorraine, the other pro- vince named in their terms of peace. It is stated that Metz is negotiating for @ surrender unsatisfactorily; that troops are hastening from Thionville to relieve Ver- dun, and that a sortie was recently made from the latter place in which the besieging Prus- sians were sorely discomfited. The peace movement is at present the most important feature of the war situation. The rumors touching it are vexatiously conflicting, but they plainly enough indicate that such movements are in process, and that sweet peace, in one form or another, may soon shed her refreshing presence on the scene. One report says the Empress Eugénie is expected daily at Versailles, where the King is to rein- state her in the regency; another that she gives up all hope for herself or her husband, and does not favor any movement at present on behalf of her tranquil infant. The London papers say that England must undertake no more negotiations unless she is willing to stake something on them; and the Berlin papers say peace is coming to naught because Prussia will insist on a cession of territory. M. Thiers has accepted the mission to King William looking to an armistice, but he wants to get into Paris first and hear the views of the gov- ernment thereia. From these numerous pro- positions there may be some satisfactory solu- tion of the peace problem, At any rate there isa hope, still faint, that the “melancholy days” will yet usher in peace, and that the Germans, already fretful and impatient, will be trooping away to their homes before the snows of winter come. Tke Eaglish Mission—Senator Morten De- clines Ut. Senator Morton, of Indiana, declines the mission to England for the reason that if he accepted it the democratic Legislature just elected in Indiana would choose @ democrat (ex-Senator Hendricks) to the vacancy in the Senate—a service to the democracy which Mr. Morton is not disposed to render, Tad the republicans, in the late election, carried the Legislature, so as to secure a republican Senator, Mr. Morton would have accepted the, appointment to England. Here, then, we have a man whose devotion to his party cannot be questioned ; for the honors of the British mis- sion are next to those of the Cabinet, and the salary is seventeen thousand five hundred dol- lars a year, while the pay of a Senator is only five thousand dollars. Who comes next? This mission ought not to go begging. [thas been declined, each in his turn, by two men well qualified for the position—ex-Senator Frelinghuysen and Sena- tor Morton. But surely some competent and satisfactory man may still be found to accept it. At this crisis, too, in European affairs a proper and popular Minister of the United States in London might render a great ser- vice to the civilized world as an advocate of peace. Mr. Motley, from his peculiar situa- tion—anything but a pleasant one—can do nothing. And so, in view of the duty and policy of oar government as an advocate of peace in Europe, and in order to relieve Mr. Motley, his successor should be appointed and sent over without further needless delay. Tux French Loan aNp Finanoran Re- soURCES OF FRANCE.—The placing of a new French loan on the English market success- fully by the republican government affords an opportunity to specially illustrate Napoleon’s system of Cabinet finance during the past few years. This we do to-day in quite an in- structive form. We present the particulars ef the latest loans and budget estimates of the empire. M. Magne displayed very great ability, not only in keeping the national ac- counts ina favorable condition, but also in drawing forth the vast financial resources of the empire. If the money was subsequently squandered or misapplied the blame does not rest with the millions of French citizens, who are evidently, as shown by the figures and averages, economic in their everyday habits as they are patriotic in their application of their cash savings. Tae PourmricaL Parties any Factions of this city are not so nnmerous as we have had them, but still we have enongh. There are the radical republicans and the ‘Tammany republi- cans, and there are the Tammany and Mozart democracy and the anti-Tammany or Young Democracy and the Democratic Union democ- racy and the Tammany reform democracy and the labor reformers, dc. But all these may be divided between Tammany, the radi- cal republicans and the Young Wemocracy, and for Mayor between Tammany and the Young Democracy, or between the ins and the outs, and the general impression is that the outs will not come in, AvotuEr Horrioang has swept over the coasts of Florida and Cuba, Six vessels were wrecked in the harbor of Key West and great damage was caused to the shipping in Havana. Count Biemarck’s Opinion. The HeRatp correspondent at the Prussian headquarters in Versailles has had an oppor- tunity of hearing Count Bismarck’s opinion of the war situation generally and of the peace negotiations particularly, The Count says Germany knows enough to demand full guar- antees of peace in the future, She does not propose to lose all the fruits of her victories by au ill-advised treaty with an unauthorized government, nor will she consent to an armistice unless it looks directly toward a per- manent peace. He was willing to hear propo- sitions or suggestions for peace from any party concerned, from the ex-Emperor or the provisional government, but he would most thoroughly examine their credentials before making a treaty with them, These sage con- clusions of the skilful diplomatist may put at rest forever the rumors flying about relative to the ex-Emperor’s chances. Bismarck is not going to make peace with a figurehead which the people have once pulled down and which they will pull down again. Peace on any terms made between Napoleon ani Prus- sia would be obnoxious to France and would not hold good even until the Prussian troops were all off French soil. The best method to meet the views expressed by Count Bismarck is an armistice, during which the constituent convention election can take place, the body meet and recognize the pro- visional government and authorize the accept- ance of certain terms of peace. The main want of the Prussian statesman seems to be an authorized government with whom to make peace, and the proposed action of the conven- tion during the armistice would supply him with one more powerful than the empire, becanse it is based on the affection of the people and the fundamental principles of liberty and right. Wendell Phillips on General Grant. Wendell Phillips, at the outset of his public life, chose the réle of an agitator. He pre- ferred it to that for which his social position, his personal refinement of manners and his superior literary culture, seemed to have de- signated him. From his richly fornished armory of oratorial gifts and acquisitions he has taken fierce delight in selecting the dead- liest weapons of satire and invective. In fine, he has carefully trained himself to be a most eloquent scold. Not unseldom, indecd, he has been, in Shakspearian phrase, ‘‘an irksome, brawling scold.” If some of his predictions have been fulfilled, like those of Cassandra, they have almost always been as full of fury as hers were. A political Ishmaelite, his hand has been against every man and every man’s hand against him. If he has lavished eulogy on Toussaint VOuverture and other dead heroes, he has poured vials of wrath and abuse on the heads of his own contemporaries. Rarely has a hearty word of praise for any living man escaped his lips. When, therefore, he deliberately extols the character of General Grant and his eminent fitness for the Presiden- tial chair, such an exceptional utterance com- mands universal attention. It derives, more- over, additional weight and force from the assaults which he has made upon Grant. Mr. Phillips virtually confessed the injustice of those assaults when be told our Washington correspondent, in speaking of Grant, ‘‘I ad- mit he did not suit my views in the start, but I say cheerfully now that he does,” Mr. Phillips bittery denounced even Lincoln as being too slow for him. But he says that “General Grant is ahead of his party—they have fallen behind him,” Notwithstanding all his bluster Wendeil Phillips is endowed with clear and piercing insight. The impelling causes, the drift and the probable results of current events, are dis- tincly discerned by him. So, too, are the characteristics of the men who now figure prominently and actively in politics. His de- clarations that Grant is the strongest man in the country to-day; that he has the character and the average brain which represent the loyalty and intelligence of the American peo- ple; that be can make sure of that confidence from the people which means that they believe the honor and the interests of the nation are safe in his hands; that he answers to the descrip- tion of the man who is the successful one be- cause he reflects the sentiments of the largest number and keeps in the front rank; that he has shown great judgment, and, above all, has maintained for the colored people a stead- fast friendship, when numerous prominent members of his party shirked their duty; that his strong common sense, united to a firm will and a trne patriotic spirit, has held him straight to the line of duty the people desired he should pursue; but that he is not sup. ported by a Congress which is selfish and drivelling, does not interpret the wants and aspirations of the country, deals in jobs, has no broad policy and is incommensurate with the growth and intelligence of the country— all these declarations of Wendell Phillips will, doubtless, be endorsed by the American people as emphatically true. Bayoxrrs AND Bompsnenis—‘*Can Suon Tunes Be?"—If we may believe all that is said by our democratic contemporaries the national administration is preparing to carry things ‘with a high hand and an ouistretched arm” on election day. Attorney General Akerman, we are told, has come to town to tighten the screws of the new election laws of Congress, and General Butler, who under- stands such things, has been called in to help Akerman, The United States forts, we are further informed, are being filled with soldiers to carry the polls, if necessary, by the bayo- net; and, as a last resort, several vessels of war are to be held in readiness to shell the city. We incline to the opinion, however, that the polls will not be carried by the bayonet, and that the city will not be shelled on election day, but that from the precautions taken for law and order we shall have a very quiet and orderly election. The moral of all this elec- tioneering fuss is that No rogue e’er felt the halter draw With good opinion of the law. GRkEN ADVENTURERS IN WALL Street will do well about these times not to venture too deeply into rash speculations on bogus de- apatches of peace in Europe, or of an armistice, or of great French victories, or of new com- plications in the war, or on false reports of any sort affecting the price of gold, bonds or stecks. Asa rule any important news that is \ Girst heard of in Wall street is sourious. NEW YORK HERALD, WEDNESDAY, OCTOBER 26, 1870.—TRIPLE SHEET; A Census Froblem=Pelitice the Solution, According fo the complete official returns of Marshal Sharpe the city has population of 926,910 at the present time—almost a million. This, of course, includes only the residents on Manhattan Island, and has no reference to the surroundings of the metropolis. Brooklyn, for instance, bas a population of over four hundred thousand, yet, to all intents and pur- poses, Brooklyn is a part of New York. Nearly one-balf of her residents do business here, pay taxes on their business here, and spend a fair proportion of their incomes in this city. It will not be many years before Brooklyn be- comes, in fact and by law, a part of New York. Looking, then, at the suburbs on Long Island and Westchester as a portion of the city, the population of the metropolis cannot fall short of a million «nd a half—nearly as large as that of Paris, and quite balf as large as that of London. A rather singular state of affairs may be evolved out of a bona fide attempt to learn the actual increase of population in this city during the past ten years—from 1860 to 1870—and the past five years, from 1865 to 1870. The basis of the calculation is as follows :—By the census of 1860 the population of New York city was shown to be $14,254; by the census of 1865 the population was given as 726,386, and the consus of this year shows the total enumeration to be 926,910. To learn the in- crease in ten years deduct the population of 1860 from ihat of 1870 and the remainder is 112,656—the increase. To get the increase in the past five years deduct 726,586 from 926,910, and the result is an apparent increase of 200,524. The effect of all this is to show that the increase in the past five years has been 87,868 in excess of the increase during the past ten years, and when it is remembered that the lesser number, five years, is included in the greater number, ten years, the answer is manifestly false and impossible. All the above figures, however, are taken from the official records. The real cause of this paradox is politics. The census of 1860 was taken under the Buchanan (democratic) administration; the State census of 1865 was taken under the Fenton (republican) State government. The interest of the one régime was to make the census as large as possible, and of the other to reduce it to a minimum. Party proclivi- ties are responsible for the ridiculous propo- sition that an increase may be greater in a brief period of time than ina greater, when the lesser is actually comprised in the greater. How much reliance may future historians place on the public records of our day? Opening or ‘He Crry Campaiay.—The nominations of the Tammany democracy for the Assembly were made on Monday night. The fight for the Legislature is therefore fully inaugurated so far as the city is concerned. Taken altogether the ticket is one that can be supported by our citizens. The chief object in view of the people of New York is to have a good and honest representation at Albany, one that will take the interests of the metropo- lis in hand and work to that end against the encroachments of spoilsmen. One of the great points to be attained by the next Legis- lature will be the support of the new govern- ment of the city in its extensive projects for improvement and ornamentation. Among the most prominent of the Tammany nominees for re-election is Thomas ©. Fields, in the Nine- teenth district. Mr. Fields’ efforts at Albany last winter in the way of progress in the city were particularly noticeable and successful. His re-election, together with the return of those well known members Messrs. Frear, Hitchman and others, will aid in accomplish- ing the grand objects entertained by the fathers of the new city Charter. THANKSGIVING THROUGHOUT THE UNIoN.— Governor Hoffman has responded to the pro- clamation of President Grant by designating the 24th day of November next.‘as a day of general thanksgiving in the State of New York. The recommendation of Governor Hoffman is couched in language particifarly felicitdis. He says :— * Let the people everywhere on that day, in their homes as well as in their places of worship, thani God for His many mercies during the past year, ant pray to Him for continued blessings upon the State, and country. Let it be a day of peace and good will among men, the spirit‘of trae charity pervading it. Let thanksgiving and prayers be accompanied by good works, remembering, all of us, while thinking of God’s mercies, that, in His wisdom, there are always with us those who are in poverty and dis- tress, and that it is our duty, as it should be our desire, to assist and relieve them. To our country friends we therefore say, Fatten your turkeys for Thanksgiving Day ; and to our city and opulent philanthropists, Open your purses, in order that the blessings of riches may be bestowed alike upon your- selves and the indigent among us. i AvxotHmr Fav 1x Gorp.—Yesterday the | price of gold fell to 1114, which is the lowest point since last spring, or before the excite- ment of the European war took it up to 124§. Its descent, which is due to the prepayment of the November interest by the Sub-Treasury, amounting to about twenty-three million dol- lars, which disbursement will be supplemented by about thirty-five million dollars more sixty days hence, was accelerated by a bogus cable despatch announcing peace in Europe. The reaction took it back to 111; but the price closed finally at 111%. Unless some remark- able contingency should transpire it is evident that the winter, which is our season of heavy exports of cotton and produce, must witness an important stride in the march to specie payments—which latter cousummation is de- voutly wished by every business man, from the St. Croix io the Rio Grande. Tue Beroen Toxnen DirFicunr now and then we hear of disputes between the rival companies of New Jersey whose lines run through the Bergen Hill tunnel. These dis- putes generally result in inconvenience to the travelling public. Whatever differences may arise between these railroad corporations the public should not be made to suffer. Let the companies arrange their differences in some other manner than by delaying public travel without any neceasity, as was done on Jast Saturday evening. es. —Kvery Ganerat Grant, it is given out, has de- clared that the laws of Congress, at all hazards, shall be enforced in our coming eleetions. Why not? It is his duty to ‘‘see the laws faith- fully executed,” and that is enough for him aud for every honest man, The queen of German tragedy is about to leave the metropolis on a somewhat protracted tour in the provinces at the close of this week. Before her departure, however, she is to take & benefit to-morrow evening, and say farewell for a time to the public whom she has de- lighted, instructed and elevated by her splen- did genius, for many years we have not had a tragédienne like her on the American stage. Not second to Ristori in that knowledge which enables the artist to use dramatic effects with judgment, and without trenching upen the finest tastes, she frequently excels that great artiste in those touches of great simplicity with which nature always clothes the most passionate emotions. In classic frigidity and statuesque grandeur she is not always equal to Rachel, yet in many passages, in Adrienne Lecouvreur, for example, she surpasses the French actress in the more softly human tone by which she harmonizes the varying passions, the struggles with jealousy, the ruin which despair brings upon her heart, and the for- giving tenderness which closes the turbulent life of the poor actress. Marie Seebach has selected this character— one of the finest in which she has yet ap- peared—for her benefit to-morrow night, and no better selection could be made. An addi- tion fo the drama will be the recitation of Schiller’s noble poem, the “Song of the Bell.” We understand that she does not mean to part with us leaving a few farewell words un- spoken. In short, her gratitude for the re- ception she has met with in this strange land impels her to deliver a parting address in her naive and simple fashion, which will, of course, be most interesting to hear. She plays her great réle of Marie Stuart, for the last time, at the matinée to-day. Seebach will make a sensation in the country places, including Philadelphia, which she is about to visit in a week or so. Wherever she goes her genius will be recognized and it will be ac- cepted as a gift that does not often fall in the way of those who can appreciate dramatic art represented by a truly great artiste. The New French Loan in London. The American banking house of J. S. Mor- gan & Co., in London, has undertaken to introduce into the English money market a new French loan of ten millions sterling. The bonds are to bear six per cent interest, and are redeemable by annual drawings in thirty- four years. Although the loan is promptly taken in the English market, the question may arise as to the responsibility of the govern- ment which contracts it. Whatever the issue of the war may be, the de facto government of the future would not be likely to repudiate a debt incurred for the purpose of saving France from dismemberment, and there are capital- ists enough who sympathize with France who will come forward with funds to aseist her in the present crisis. It is still doubtfal whether the ruling authority in France after the re- establishment of peace will be imperialistic or republican. The bases of peace negotiations may include the question of the character of the future government. If Prussia, with the concurrence of other monarchical Powers, should insist on the succession of the Prince Imperial, that would seal the fate of the young republic. As to the existing gov- ernment of France, there may be some difficulty in finding it. Just now it is divided. Part of it is ia Paris, part in Tours and part may be up ina balloon at present. We pre- sume, however, that all the little difficulties attending the responsibility and the want of a settled seat of government will be overcome in the minds of capitalists and that the French finances will be recuperated on the strength of the national credit. Indeed it appears, by our special cable telegram from London, as if they have been already overcome, for we learn that the new French loan has been received most favorably and is eagerly sought after for investment. Ay Uniocky BureLar.—An unfortunate housebreaker, more unlucky than his fellows, had the top of his head blown off on Twenty- third street, night before last. He attempted to enter a locksmith’s store, but the locksmith having a big gun, loaded with slugs, attached to the shutter, it was discharged at the in- truder and killed him instantly. There is not likely to be any of the law's delay in this case; neither will the services of the District Attorney, judge or jury be called into requisi- tion, Mr. d’Angostino’s guntrap anticipated all legal proceedings. Time.y INFORMATION FoR REPEATERS—- That embodied in the charge of Judge Bene- dict to the Grand Jury touching the enforce- ment of the election laws of Congress. Personal fntelligence. Commodore Inman, of the United States Navy, is at the Brevoort House. Yoshide Hicomara, of Japan, 18 a guest at the Bre- voort House. Mr. Thornton, British Minister to the Untied States, has secured rooms at the Clarendon Hotel, where he will with his family sojourn for a few days. s. KR. Graves, a member of the English Parliament, who has been making a tour or the States, leaves to-day per steamer Cuba for Enrope. J. G. Blaine, Speaker of the House of Representa- tives, is & guest at the Fifth Avenue Hotel. General Butler, who was generally supposed by certain parties to be here to take command of the United States forces during the election, left last evening. 1a company with Senator Ames, of Mis- sippl, for the West. D. B. Allen, son-in-law of Commodore Vanberbult, arrived yesterday, per steamer City of Brussels, trom Europe, after an extended tour through the Cont- nent, Secretary Robeson, of the Navy Departmont, left last evening for Washington, J. A. Griswold, of Troy, arrived at the Fifth Ave- e Hotel last evening. Ex-member of Congress R, H. Pruyn will be at the Fifth Avenue Hotel for a few days. Major General Humphries, Chief Engineer of the United States Army, and Mr. Welsh, of Philadel- phia, Secretary of the Board of Episcopal Missions, are at the Hoffman House, J.P. Bigelow, of the Post Office Department at Washington, ts at the Everett House, General G. B. Dandy, of the United States Army, is at the Metropolitan Hotel, Mr. George Stevens, of Toronto, is bere at the suggestion of a number of newspaper proprietors in the Canadas with the view of arranging with tne different publishers in securing the first numbers of the various papers. Mr, Stevens will be at the St, Charles Hotel until Saturday. Major W. C. Carroll, formerly a war correspond- ent, and the gentleman who sent the first despatch announcing Grant's grand victory at the battle of Shiloh, has been appointed by the Secretary of War Military Trader at Fort Duncan, Texas, apd will #oou devart from this city for pia place of duty