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\ ( \ turning the so-called special fund into the sinking fund, and making the amount of the latter, which is nominally about fifty millions of dollars, include the full one hundred and eighty millions of dollars of bonds bought within the past two years, In other words, the people, having paid for and canceiled the one hundred and eighty millions of dol'ars, are to continue to pay interest on it as if it were still an out- standing obligation, The burden of taxation is already heavy enongh without any of this fancy financiering. Mr. Boutwell is of course compelled by the terms of the act of last July to continue draw- ing out of the Treasury (and from the people) the interest on the mythical bonds of the sink. ing fund. Not only shouid Congress discoun- tenance the proposed Quixotic increase of this fund, but the Funding act should be amended so as toorder the cessation of interest on all ‘purchared bonds the day they come into pos- session of the Treasury Depariment. A bond ence bought should be cancelled outright. It 1s a portion of the debt discharged, and should carry no pending obligations to occasion a fu- ture draft upon the resources of the Treasury. The sinking fund theory has agitated finan- cial philosophers for centuries, and is as yet only crudely digested. Its aims are indubita- bly correct, but ils application is the problem. When England, after the Continental wars, found herself overwhelmed with debt, the famous Finance Minister, Mr. Pitt— Renowned for ruining Great Britain gratis— atultified himself in trying to employ it asa solution of England’s financial troubles, and resigned in disgust, his failure prompting him to decline accepting any salary from the gov- ernment for his ministerial sorvices, In fact, it was a clear-headed clerk of the Exehequer— Mr. Vunsittart, the successor of Mr. Pitt who solved the questio. and extricated Eng- land from her difficuities. He commenced by throwing away the rubbish of the sinking fund, and staried afresh, applying the reve- nues to a judicious reduction of the debt until the country glided swiftly back to resump- tion. Here is aa important lesson from his- tory for Mr. Boutwell and Congress. Let them study it. Tuc Kmperor William’s Platform for Ger. many — Free, Indepeudent © aud Indus. trions. His Majesty the Emperor William of Ger- many has addressed a royal fraternal missive to the Grand Duke of Baden oa the subject of the present uvion and independence of their common country, tie consolidated nation and its prospect of fuiure greatness and happiness by means of the realization of peace. The contents of this imperial paper have been outlined to us in a cable telegram which appears in our columns. Its more prominent foatures are sharp and elogant, yet decisive. The Emperor says ‘Germany has become stroug through the unity of her princes,” and thus “recovered her position in the council of the nations.” The nation desires not to “‘tranagress her frontiers.” She seeks only ‘‘independsace, matual ad- vancement and the extension of her commerce.” This is a very patriotic and re- assuring programme. Its publication presents a germ of hope for France; ii portends alarm, danger, it may be, to the material interests of the present ‘‘mistress of the seas,” Baglaad. The hands of the toilers of G rmany do not tire; the brain of the empire is calculating, exact, and methodical. I's mind tends to industrial production; to make mea happier. Under such conditions it be- comes a question of the very high- est importance to those who undertake to consider the broad subject of the balances of the world, can there exist in Europe—as be- tween Prussia and Britain—two great econo- mies, almost similar in their character, teu- dency and modus operandi, and both thrive? Or must one of them decay to unproductive- ness and loss and finally be absorbed by the other? Emperor William almost propounds the problem. Who will write the quod erat demonstrandum ? Jenny Lind Prices for Nilsson Tickets. A Nilsson-Strakosch libel suit was instituted in the Supreme Court yesterday, before Jadge Sutherland, by Max Strakosch, against the edi- tor of the Rochester Union and Advertiser, The complaint is that about the Gth of Septem- ber last there appeared in said journal an edi- torul headed ‘‘The Nusson Swindle,” the arti- de being a strong attack on Strakosch for charging four dollars for tickets ‘‘under the pretence of presenting first class artists ;” and Strakosch, moreover, says the paper calls him a swindler, For all which he asks ten thousand dollars damages, The de- fendauts put in their whole editorial article complained of and other articles, and claim that Miss Nilsson is not the equal of Jenny Lind, and that therefore Strakosch had no right to charge Jenny Lind prices for his Nils- son tickets, This, it strikes us, is a very ab- surd defence, Whether Nilsson is or is not eqaal to Jenny Lind as « siager fs a mere matter of taste and memory. Some who heard the first Swedish nightingale in her prime will say that she could sing the second out of sight. Others who remember Jenny Lind’s concerts * inher grand American tour will say that if she had a stronger voice it was not so fine and | clear, nor so delicately sweet as Nilsson’s, Our ) own opinion is that you might as well, ia draw- ‘ing a comparison between the piano and the ‘violin, say that the violin is inferior in its mu- sicto the piano as to say tat Nilsson is in- ferioras a singer to Jenny Lind, The two voices, like the two insiruments, are wholly different, though each is excellent, But if Strakosch can fill his house at four or five, or ten or twenty dollars for a Nilsson tickel, why not? What has Jenny Lind to do with it, or Barnum, or avybody in the way of e@comparisou? On the other hand, we might ask the question if Mr. Strikosch has really by this Rochester paper beer damaged to tho extent of more than a hundred thousand dol- lars, and answer it, too, if it were not before the court. ‘Nilsson swindie,” wo grant yeu, is a strong expression, bat four dollars to country editor is a big sam of money. Lastly, we presume that this tr’ 1, whatever the issue, will be a warning to cowutry editors for the kosch and future in their criticisms on Max $ NEW YORK HERALD WEDNESDAY, Seca cae SR er The Legislature Yesterday, There was quite a spicy debate in the Com- mittee of the Whole in the lower house of the State Legislature yesterday over Mr. Nelson's bill to compel a person bringing an action for libel against av editor to execute a bond of one thousand dollars to the defendant, Ex- Governor Alvord made himself quite conspicu- ous by the way he opposed the measure, He argued that if it was made a taw editors could ‘‘vilify and abuse” as they pleased any man “of good character who had no money” without fearing a libel suit, Mr, Gleason took the same view of the ease, Mr. Nelson believed that any person of good character whose neighbors considered him libelled by a newspaper could easily raise a thousand dollars as security. He fought stoutly for the passage of the bill, and gave several instances which had come undor his personal observation, where editors had had fifty libel suits brought against them in a year by worthless characters, who were either ac- tuated by a desire for notoriety, or who brought the suits purposely to annoy the editors without ever intending to move for a trial in any one case. Members in opposing the measure refused to grant to an editor a right which was conceded to every other citi- zen; for they could not deny that when a cer- tain party brought a libel suit against another party not an editor, and lost his case, the de- fendant was made to pay the costs. The bill was finally killed, a motion of Mr. Goodrich, of Kings, to strike out the enacting clause being adopted, Mr. Nelson being the only member who voted its adoption. The other bill in relation to libel suits against editors, which provides that ‘‘the trial of any action which may be brought to recover damages therefor shall be had in either the couaty where the said newspaper may be printed or published, or in any county where the person libelled shall reside,” also reached a third reading in Committee of the Whole. Progress was finally reported upon it. The efforts of Alvord and Gleason to so amend it as to allow a party bringing the suit to have it brought in any county he desired prevented it from getting through as it was originally drafted. “Mr. Jacobs created somewhat of a sansation by rising to a question of privilege and having read a letter addressed to him in which he was promised five hundred dollars if he aided in gotting through the Legislature a certain ap- propriation for an orphan asylum in Brooklya, A bill to establish a Manhattan Trust Com- pany was introduced in the Assembly. It is a sort of second edition of the Real Estate Trust Company, and has the same profitable ends in view. The corporators mentioned in it are, with one or two exceptions, a set of nobodies, without any capital of their owa to back up the scheme. Taz GERMANS ON THE ExporTatioN OF Arms To Franor are dowa upon the adminis- tration, In Washington they have made a remonstrance to Coagress, and at several places out West they have had indignation meetings onthe subject,..at waien, m sirong resolutions, they have threatened to withdraw their support from General Grant's adminis- tration in consequence of the liberty allowed yo French sympathizers ia the matter of send- ing over arms and munitions of war to France. The only answer necessary to make to these complaints is this—that our German citizens and all sympathizers with Germany have had and have the same liborty to send out arms and munitions of war to the Germans, We are sure, too, that if the Germans wanted arms they would be supplied from the United States, upon the simple law of trade that car- ries the supplies to meet the demands of the market. THE HERALD IN MARYLAND, [From the St, Michaels (Md.) Comet, Jan. 21.) Every person who desires to be fully posted and alive to passing events should tak) the New YorE DaILy HERALD. The HERALD &, without doubt, the most complete dafly publishedon the Continent. It has correspondents in all parts )f the world, and its news is always fresh and readabie. Its enter- prise is surpassed by no journal in New York city. It 1s interesting to all who desire a ive paper. NEW JERSEY LEGISLATURE, Frelinghuysen Elected Senata—The Demo- crats Nominate Governor jiandolph—The Newark Police Bill and thy Jersey City Charter. The long agony among the asprants fur Senato- rial honors in New Jersey ts over, The democrats waited til the eleventh hour before they held @ caucus, as there were some wiid rumors that tne dissatisued and disappeinied ones in the republicaa party would “stick,"? and so, perchance, throw the ofice into tte hands of the democrats, But the grumblers were deceived, The democratic caucus yesterday moming occupied a very shert time, Governor Ranaolph beartng away the honors of @ nomination without au oflice. Shortly before noon the Senate went into an election for Unied States Senator, and Frelinghuysen re- cetved 12 votes to Randolph's 8, a strict party vote, one democrat (Batghart, of Hun- terdon) being absent. Half an how afterwards the election took place in the House, with the following result:—Frelinghuysen, 30; Randdph, 24—a ma- jority of ten for the former on joint kallot, The bill repealing the Newark Police bill of last year passed the Senate, and the od democratic fabric crumbled to pieces. But while the democrats last year carried things With a high hand inthe Legislature and dealt most unscrupulously with their opponents, the republrans charged with the pre- paration of the Jersgy City charter are likely to carry off the palm for gerrymandering ‘and legislating into offi@ men who are notoriously corrupt. A delgation arrived with the charter at Trentoxy yesterday morning, while acounter delegatiot of Tepablicans, headed by Al- dermen Thomas am Toffey, attended to watch the proceedings on belalf of the taxpayers, and check- mate the lobbyist, one Of whom it fs pro) legislate Into 0} as Président of the Works. There are not three men whose natnas ap- pear in connertion with the proposed Board who could commadd the confidence of the people. Aa soon as the terns of the bill tecome known the peo- ple of Jersey City WHI mike themselves heard against tis imquitous busines, GOXG HOME FROM A WAKE, Reckless Intulgence—Visiting Salvo: fo au Alleywry. On Monday night James Wditngton,with a friend named Dixon, were present. at @ waki in Thirtieth street, and indulged in an immoderte supply of whiskey. They afterwards visited s¢eral saloons and finally brought up at a hiquol store, cor. ner of Twenty-cighth street nd Tenth x here the barkeeper refused to sive them any more @rink, asithey were ‘already too much imtoxteated. Golg into the street they were seen to Tall neavilyngainst the cUrhstone and soon aiter separated. Ashort time after Woitington was found by Pick Gan- s—Death non, @ baker, residing at 397 bntn aves nue, in an "arey neat his huse, in a dying condition = it severe roand on the nead, While bem rved to thi'fwenticth precinct station house Ged, Deased was his pretty singing bird, wha’ b price of his tickets, ‘Nilsson swindle from a country newspaper, is 9 littie too. much for Max, twenty-six years of age, Matcled and mptoyed in oopskirt factory of West, Braatey Carey, Jost Twenty-ninti street. Drs Marsit “nae a po. morte ation and Coroner Youngave po | mission to the trieals Wo remove the 900” Aq ine *} quest will be belt to-day by Goroace Keen, CENTRAL AND SOUTH ARMA, Herald Special Repor from Panama. The Vive Republics of Central America on the Eve of Civil War, Heavy Rains on the Isthmus—Lnundation of the Panama Railroad. Important News from Chile and Peru. PROGRESS OF THE REVOLUTION IN BOLIVIA, Wreck of the Steamship Crasader on the Zawba Reef, TELEGRAM TO THE NEW YORK HERALD, The Herauy's apectal correspondent at Panama sends the following interesting telogram, via Has Vana, regarding the condition of affatrs in Central and South America:— PANAMA, Jan. 21, 1871. LOSS OF AN ENGLISH STEAMSALY. The stearaship Crusader, of 900 tons, belonging to the West India and Pacife Steamship Company’s Ine, and trading between Liverpool, West Indies and Aspinwall, was totally lost on the morning of the 4th of January on Zamba Reef, thirty miles from Car- thagena. At the time of her running ashore she was outward bound, When she went on the reef a very heavy sea was runung, and she soon began to break up. In a short time she became a total wreck and the cargo was a totalloss, All hands were saved. Ship's papers were ail lost and wo have no memorandum of cargo here. INUNDATION OF THE PANAMA RAILROAD. The severest fre:het ever known on the Isthmus occurred here lately. The transit by the railroad was entirely stopped from the 10th to the 15th inst, At Frijoli station there was twelve feet of water on the track, All is clear uow, however, and the road 1s uninjured, but the heavy rains still continue, TUB ASSEMBLY OF PANAMA, The Constituent Assembly of the State of Panama has passed @ law authorizing the President of the State (Sefior Correoso) to contract with A. J. Center, of New York, to supply Panama with water by means of aqu ducts, ARRIVAL OF A UNITED STATES STEAMER. The Untted States steamer Resaca, Lieutenant Commander Green, arrived at Panamayen the 20th instant to join the Darien surveying and exploring expedition. SAILING OF THE OVEAN QUEEN, Toe Pactfe Matt Steamsalp Company's steamer Ocean Queen sailed from Aspinwall for New York on the 18.h instant. CENTRAL AMERICAN NEWS, Tue wdrices from Coatrot Aumerlua are WUNATTSIAC + tory and warlike. The five republics are on the eve of civil war, Hostilities are anticipated on the fol- lowing grounds:—Honduras_ demands redress from Salvador for harboring political refugees, ana if re- fused will declare war. Guatemala will join Salva. dor; and Nicaragua and Costa Rica will join Hon- duras, Il feeling exists between Costa Rica and Nicaragua, owing to the abrogation of canal treaty by Formes. THE COFFRE CROP IN COSTA RICA, Heavy rains have damaged the coffee crop tn Costa Rica very badly, NEWS FROM PERU We have dates from Lima to the 14th of January. The Arequipa Railroad was inaugurated on the let of January, by President Baita, with great eclat, and it is now in perfect working order. New rail- road Jines in Pera are projected and being con- tracted for, THE REVOLUTION IN BOLIVIA, Toe revolution in Bolivia agatnst the government of Melgarejo is rapidly gaining ground, and itis more than probable that it will be suecessfal A new government is proposed, with Morales, a re- volutionary leader, at its head. By last advices Melgarejo was at Oruro organizing his forcea to attack La Paz, which 13 a strongly fortified position. It is reported that all the towns in the republic, excepting those held by Mclgarejo, have declared against him, and iis position is considered very erttical. THR REPUBLIC OF CHILE, The dates from Valparaiso are to the 3d of January. The election for President ta March next is ovcupying the public atteution, The Church party are decidedly in the minority. The govern- ment declares itself neutral. Very large quantities of wheat are being shipped from Chilean ports to Enrope. The smalipox at Valparaiso is rapidly disappearing. THE STEAMSHIP HORNET. The Hornet at Port au Prince=olonel Ryan Waiting Another Cargo of Arms from New York=Three Spanisi Gunborts Watching the Hornet—Coloxel Ryan Avks the Pro- tection of the United States Consul. HAVANA, Jan, 24, 1871. Private letters confirm the fact that the Hornet, with Colonel Ryan on board, had arrived at Port au Prince, and was watting for a cargo of arms and ammunition from New York. Three Spauish gun- boats are watching the Hornet, It is stated that Colonel Ryan asked the protection of the American Consul, ‘ HAVANA, Jan. 24, 1871. Two or three more of the last detachment of filt- busters landed In Cuba have been killed, including Varela, thelr guide. Some reports state that the Miibusters came from Key West. There ig a gen- eral opinion that the capture of the remainder of the detachment is certain. ARMY INTELLIGENCE. The following oMicers have beeu relieved from their present dutics and ordersd to join their regi- ments :—Captains James Curtls, Thirticth cavalry, and G. T. Norvell, Tenth cavalry; First Lieutenants Herman Scnreiner, Ninth cavalry; S. G Kellogg, Fifth cavalry, aud Douglass Pope, Thirteenth tu fantry. WAVAL INTELLIGENCE, The United States steamer fuscarora sailed from Key Weaton the 25d inst. for Portsmouth, N. A. Commander Richard L. Low has been oraered to equipment duty at the Philadetphia Navy Yard; Lieutenant Commander Charles W. Kennedy has been detached from tie Pactite flees and placed on walting orders; Conway A. Araolt ha ing ship at Now Yorw 2 Lean oKeered to the regeiv. Masters Faward W. Stundy and | \ | ture | giving atmospheric effects and aertal JANUARY 25, 187L--TRIPLE SHEET, ST. DOMINGO, Oficial Letter from the Admiral Commanding the North Atlantic Squadron, , STEAMER SEVERN, } DomiNGo Orey, Jan, 8, 1871, Hon. G£onGr M, Ronrson, Secretary of the Navy:— Tho Severn arrived here on the Ist Inst. (Sunday) and found the Yantic, Commander Irvin; the Swa- tara, Lieutenant Commander Allen, and the English man-of-war Raccoon, Captain Howard, at anchor off this clty, The next day (Monday, January 2) the Severn fired & naulonal salute of twenty-one guns and had the Dominican fag at the fore, which was returned from the fort, and then our commercial agent, Dr. Fisher W, ‘Ames, received @ salute of seven guns, Accompanied by the latter and my full staff I called on President Baez and was very kindly re- ceived by himself and tus Cabinet. I assured him of the continued desire and effort of President Grant to secure the unnexaiton of Domimica to the United states and of my belie? that tus olject would be ulumately secured. {have had two other interviews. with President Baez, both in the presence of his Cabinet. In the first of these I was accompanied by @ portion of iny stuff and in the last only by Captain Culdwell, the chief-of-statt. I have not ascertained satisfactorily what is the situation here, but i wiil briefly state my bellef on the subject, President Baez, as a statesman and patriot, sine cerely desires the annexation of Dominica t Amefica, Delay im accomplishing this 1s attended by Mnanctal trouble, auxiery and risk of insurrec- tion. There is a very rich and large extent of val- ley couniry on the western frontier of Dominica, watered by the aiiluents of the Antibonite, contain- ing some small towns, bearing Spanish namea, but of which the Dominicans have not had the complete possession, It is here that Cabral operates with a small predatory party, which President Baez believes is procured and supported by Hay. Cabral is now at San Juan, say forty mules east of the boundary line between Domini and Haytl, according to the treaty between Spal nd France, with nis followers, varlable in num- era, but always small, whence he makes raids and retreats as occasion requires. His last operation, holsed about as a movement to defeat annexation, was very insignificant avd amounted to 4 few persons killed, wounded and captured py lis followers, At Azua and at the posts on several roads leading westward from {t the Dotiitcans have some 1,000 or 1,500 troops. These seem to be in position for defence against incursion from without or tnsurrection from within, [They appear to form the mutn organization of troops, though there are some troops here and in other pages. ‘though the ordinary expenses of the null ary, Which ts the chief administration, are estl- mated at about $7,000 montiiy, the revenue 13 60 smalland the paper money of the couatry is of 80 littie value that the employcs of (he government have been a long t'me unpait, and measures are Row pro- posed Looking to treating the paper money like our Continental currency and the French assignats, and providing ior recetving some real money for datics wherewith to on the government, There 18 a geological survey of Dominica now in progress, under Professor Gut, for the government, for Which some New Yorg capitalists supply the feats: and for this they are to be repaid by public lands, There 13 @ survey in progress by Mr. Wilson, the nglish engineer, for a railroad from Santiago (back of Puerto Plata) to Samana Bay, It leads through a rich and productive valley country and 1s considered practicable, ‘fhe capital for this enter- prise is expected from England, and the labor trom this island. There ts how @ steamer making monthly trips between New York and Puerto Plata, Samana and this city. This steamer brings supplies for this part of our squadron, ts cul- tivating a trade with the island and takes our malls, ‘The United States have the capital and skilled labor of every Kind which this island wants, Under our government Dominica can supply the United States with cheap cotlee and sugar and in- crease our coast trade and home market. ‘The military detence would ve laconsiderable and no more an object of — solleitude than that of a great part of our own coast or thet of the West India islands gene- rally, Its naval defence would need no addition to our fleet, The chicf defence of all these islands 13 the maritime strength of the countries to which they belong. Dominica, from its capacity for the tropical pro- auctions which the comfort of our people requires, 18 a necessity to America, and neyer, perhaps, 10 the tude of time have any people received the oifer of 80 vaiuable @ possession for so small @ consideration. The moreyaslcial cry of speculative interests mm be- half of annexation seem entitied to small considera- tion, since capital and enterprise are just what are wanted here, and the more the better—all being free to enter this bgrcas and inviting field of profitable in- vestment and production. Like objections would, with much more force, have applied to the acquisi- tton of California. After all, it is simply the sov- orcignty that the UnitedStates realiy neeas tn the interest of our people and those people. The popuiation of Dominica is small and confessedly ex- celient of this kind, With the annexation of Do- Miinica the boundary question will be setiled by an easy and natural révolution of opinion in Haytl for annexation to America. The clicumstances all seem favorable. Respectfully yours, 5. P. LEE, Rear Admiral Commanding North Atlantic feet, Despernte Condition of Cabral. Rear Admiral 8, P. Lee, commanding the North Atlantic fleet, in a letter dated St. Domingo, Janu- ary 11, 1871, to the Secretary of the Navy, says:— “President Baez has just informed me that he ts ad- vised by the latest despatches from Azua that nearly haf ol the troops which Cabral had gathered to march upon that place have deserted,- leaving him and his generals 1a great perplexity and despe- ration,’ BRITISH HONDURAS. Progress in Railroad Improvements. HAVANA, Jan, 24, 1871. Letters from British Honduras give favorable re ports of the progress made towards completing rail- road improvements connecting the harbors on the Atlantic and Pacific sides, ART AND ARTIS‘S. ‘sale of the Derby Collection of Paintings— Columbus at a Discount. There was an unusually large gathering at the picture sale last night, though generally the bid- ding was not spirited. After some remarks by Mr. Derby the sale was regularly opened in the order of the catalogue. The portion of the collection which was sold was a most varied one, large pictures and amall, in almost every style of treatment, aud on nearly every variety of subject. The brilliant color- ing and intensely Oriental sky of the French school; the eternal preceptor and his scholars of the Ger- ows wiih the landscape and cattle painter from Belgia. The first painting that started the gentlemen of the audience mto scive emulation (the ladies did not bid) was the vd Players,” by Pieral Bullet, an exquisite work, full of character and expression} ght § A very tine picture of cattie, by 3, Was knocked down to Mr. O- or an Marcks is reputed to be one of the finest cattle painters of the day. He Is a pupil of Troyon, ‘The ems of =the g collection, “I'he Departure’ and “fhe Return,” by W. A. Bouquercon, were allotted to J.P. Kerno- chan for the handsome figure of $2,100 each. Mr. W. Appleton made some important purchases, among which was a landscape by Rousseay (not Jean Jacques, but Theodore), for which he paid $875. An enormous picture, called “Spring” in the catalogue, which would measure some ten feet by eight, was athan Mathews, of Boston, at the low 500, magnificent pastelles by Maréchal— ‘rhe two mag “Columbus in Chams on Board His Ship’ and «Galileo in His Observatory"’—which every one ox- pected would be the distinguishing feature of the auction, were obliged to be passed, no bidders hay- tng been found. Poor old Columbus {n tls fetters, by order of Bobadills on the way back back to Spain, and their August Majesties Ferdinand and Isabella, could not bring a price in the capital city of the great nation he discovered! Perhaps the very manacles they tormented him with, and which If is said he retained in his cabinet all bis lite and requested at his death that they might be buried with him, would have aroused the Connoisseurs Lo @ sense of patriot- ism in the matter of art could they have been pro- duced and put up to auction, And the venerable Galileo, who twice suffered the punishment of the Inquisition because he sald the earth re~ volved jn Opposition to tho opinions of the Churen, and who, dying, answered, “still it movesi? A gentleman in the rear of the room, mistaking the technical of this style of pice “cast head,’ sald, “if it Was & cast heal o’ tbe Boss or O'Donovan Rossa, you'd see how soon the piddin’ would go up; but them old duffers, sure every-one knows all about them.” The remaining portion of the collection will be disposed of to-night, Fourth Annual Exhibliion by the American Society of Painters in Water Colors. A private view of this exhibition was offered last evening to artists and tue members of the press. But the non-arcival of the catalogue rendered it [m- possible to spectfy the tities of tne works and the names of the exhibitors, It can only be sald that the general impression was lighly favorable. Our young American school 1s beginning to emulate the French and English schools, in which water color painting) as !t has been traly asserted, can now rival ou in te depth and briliiancy of its tints, while it excels if in the purity and cleanness of its tones, Agere wil singular tratnfalness, the result ¢f the pecullar transparency of its medium. Severa! flue speciinens of the Freven and Engiisn schools were exhibited last eveniug, whiea, in the absence of a garalbaney, might havé detaded th ectator tanto tho beltel that thelr exceltence had Already been attained by ove mative paintera, Kat we may pronal. td that fimoug the prodactions exhtbited by the Latter (he adinicable works of Bellows, Wiliam Hart and Samuel Colman U1 whe well jastity anoh a hollet \ JAMAICA. eee Herald Special Report from Kingston. England Jealous of the Possible An- nexation of St. Domingo, The British Squadron to be Inereased and Ad- ditional Troops Sent to the Island. A Great Military and Naval Station to be Established, TELEGRAM TO THE NEW YORK HERALD, By special telegram ‘trom. the HBRALD'S corre- spondent at Jamaica we have the important intelli- gence that England intends to form at Kingston a great military and naval station, This action is, no doubt, fn view of the possible annexation of St. Do- milngo by the United States, Kivasron, Jam., Jan. 23, 1871, We have the important tntoliigence that the Brite ish government has telegraphed the Governor of Jamaica to-day that the island is at once to be Placed in astate of complete defence, or, tn other words, it ls to be made the great military and naval station of tho Caribbean Sea. A very large num- ber of troops, in addition to those already here, have been ordered to the island, They will be under the command of General Monroe, who has been ordered from Barbados for we purpose. A British flying squadron is to rendezvous at Kingston, and the flagship is expected to arrive shortly, Your correspondent has visited the United States ship Severn, flagship of the West India squadron, and the admiral reports that the Dominicans are unanimous for annexation, It is the possibility of the annexa- lion of St. Domingo to the United States that has doubtless caused this action on the part of the British government. it fears the extended influence of the United States by getting a foothold among the West India Islands, and it deems it best to be ready for any emergehcy that may arise. Admiral 3. P. Lee, commanding the North Atlan. tic Squadron, has been entertained at a dinner by the Governor of Jamaica, PACIFIC MAIL STEAMSHIP COMPANY SUBSIDY, The subsidy for the Paciflo Mall Steamship Com- Pany of £5,000 per annum {s settled, A temporary contract has been mado, and after three months the government will reauire the company to carry pas. sengers and freight both ways, THE PANAMA TELEGRAPH CABLE. The steamer Dacia, belonging to the Panama and ‘West India Cable Company, has returned to tho island for provisions and ballast, having been un- successful in her attempt to grapple the lost cable on account of heavy weather. In about a fortnight the Dacia will have been provisioned and ballasted, when she will sail and again attempt to recover the lost cable. UNITED STATES STEAMER SEVERN. The United States steamer Severn, the flagship of the Nort auuuue squadron, has arrived. All well. FIRES, The Penrl Street Fire—List of Insurances. The following is a list of the loss and insurances on the building 255 Pearl street, damaged by fire on Monday night. The cellar, frst and third floors, oc- cupied by Hendricks & Lissberger, agents of the New Haven Copper Company, was $12,000; insured for $45,000, in the following companies:—Knicker- bocke, $10,000; Astor, $10,000; National, $10,000; American, ' $10,000 and the New York, $10,000, The second floor, occupied by Brewster & Mills, bristle manufacturers, “was dam- aged $5,000; insured for $14,000, in the following companies:—Beekman, $6,000; Brooklyn, $4,000, and Purk $4,000, The fourth foer, occupied by ©. L. Nichols, cigar manufacturer, was damaged by water $5,000, (ully covered by insurance. The bulldmg was owned by William Smart, damaged $2,500; insured for $8,000, The stock of Buck & Schnoltz, corner of Howard and Mercer streets, was alse damaged $5,000, in- sured for § 000 tn the following Anternational, $15,000; Adriatic, $10,000; London, Liverpool and Giobe, $10,000; Hoffman, $5,000, and Columbia, $5,000. farcug Simons, storage for furniture at Nos. 9, 11 and 13 Platt street and Nos, 4 and 6 John street, also sustained a loss on stock of $10,000; insured for $20,000 as follows:—Imperial, $10,000; North American, $5,000, and Clinton, $5,000. ie building, which was owned by James Stokes, was slightly damaged. Sergeant Blair, of the Second précinct, upon report. ing the above fire, stated that there was no loss of any amount; and upon the members of the press patting in an appearance at tho station house they became so thoroughly disheartened at endeavoring to induce Sergeant Frith, who was in command, to ‘ive them the information they required, that they came disgusted and left. In a Second Avenue Grocer: Five Handred Dollinrs. At half-past one o’clock yesterday morning a fre broke out in the grocery store No; 1,024 Second avenue, occupied by Max Bier and owned by Richard Toten, causing a 108s to stock of $500; ta- sured for $1,500, The building was damaged $200, Bier was arrested by an ollicer of the Nineteenta precinct on suspicion of having set fire to the store, ana will have an investigation before Fire Marshet McSpedon. This is the third time the place has been en fire since Bier has occupled it. Store—Loss Extensive Fire in Worth Street—Losy Forty ‘Thousand Dollars. At ten P. M. yesterday a fire occurred on the sec- ond floor of 86 and 88 Worth street, occuptea by Forstman & Co., importers of woollens, &c. The fire took place in the rear of the store and run up the staircase to the third floor and would have caused considerabie more damage had not Assistant Engi- veer Brandon succeeded in fighting his way through the fire and smoke, with a few mea, and cut the tire of. Forstmann & Co.’s loss will amount to 25,000, The first floor and basements are occupied by Banendahl & Co., linen goods; damage by water end smoke abuut $10,000, The building is aiso owned by them, and Is damaged $5,000. All are said to be insured. Incendiary Fire tn Fiitieth Street. At half-past one o'clock A, M, yesterday a fire was discovered in the grocery store of Max Bier, corner of Fiftieth street and Virst avenue; damage $500, ins’ red for $1,500. This is the third time tire has ovcurred on. the premses in oue year. Bier was arrested by order of the Fire Marshal, and wil! be held to answer. The building is damaged $200, Partial Destruction of a Williamsburg Malt- house—Loss of Ten Thousand Dollars. Between one and two v'clock yesterday afternoon a fire was discovered in the drying room of the | large malthouse of Altenbrand Brothers, Sixth street, Williamsburg, formerly known as the old works, and as the fire had been barning a long time beiore it was discovered, damage amounting vo about $10,000 resulted before the flames were subdued. ‘There was a large amount ef grain on hand, much of which was aamaged by water and smoke. The property was fully covered by insur- ance, the Wuliamsburg City Insurance Company alone having a risk for the full amount of the estt- mated loss. Lamp Explosion lo Jersey City—Probable Loss oft Lite. Atan early hour yesterday morning a destructive fire broke owt m the residence-of Samuel Madden, on the old MIL read, Jersey City, whieh completely destroyed the building bevore. any assistance coula ve rendered by the firemen. Tue fire originated in the explosion of an oll lamp, whieh Mr. Madden's son was about Lees The boy’s cries for ay brought his parents to the rescue, who, afver mach dimtculty, and not until he had been severaty, if not fatally, burned, succeeded tn removing bam from the flames. Mr, Maddeu’s loss will amount to about } $10,000, Dr. Hayes, tho Aretic explorey will entighten the attendants at Chelsea Preshyetrian church, Twenty ond Street, near Niath Bycuue, tis eveaing oa AKCUe Adyentura’™ 2 ny, AMUS,' MENTS, Srapt THMATER—“Macig-Ax\NE-"—In spite of the still bitter cola weather the ea, ‘Pishinent now ree cognized as the great German thea 'T? Of this coum try, and in that respect attaining .°Y¢2 Europeam celebrity, waa handsomely filed jast 4°Ye%lng at the performance of Joseph Mendeissonm, 4 Striking drama of “Marle- Anne; or, a Woman of the People." Mile. Veneta, in the role of Marianne, won a, "e#l tre umph, which was shared in no small degre ° PL Miss Busingor as the Countess of Bussteres and tha beautiful Miss Bardenhener as Margaretha. Maca 4 Scholz as Ursula was also very good. as Charlotte looked and acted very arming! Messrs, Dombrowski, Miller, Krans, Koppe, Lan and Brinkmann also gave genial and hearty saiiae faction, Ina word, the conduct of the evening war Smooth and Impressive, and in all but the presence of Madame Seebach, the “of nights,’ so-called, rival the attractiveness of the great eveuings which the leaping lum.nary makes so ascendantly bril- Haat. ‘This Metre Madame Seep; whi appear in her renowned and thrilling rove of Mathilde, in th@ drama of that name by Benedix, No betier oppore tunity is afforded by any piece in her immense ré- periove to behold the great German artiste in hel most pathetic and touchiug transitions, Bowery Uurarse—THe NEW PANTOMIME “SEM Saw.”—Though the storm raged with pitiless force Monday night, and snow and bilnding winds swopt through the streets and compelled people to seek thé shelter of their homes rather than brave the tempeag outside, there was a good houge at tue Bowery. theatre to witness the new pantomime of “See Saw.” For weeks past great preparations have been made to present the piece in proper style, in a manner worthy of the reputation of the house, and with such effects as would satisfy the pumere patrons of the establishment. Stagd Manager Clark was at his wit’s ena for a week jo do All that cou be done to make he plece a success, asurer Jones believed that the Immense outlay would be profitable, bi Just at the last moment the clerk of the weatl Stepped in and attempted to throw & damper over the whole affair. “You know how it 1s-yourself,’? sald Manager Freligh toa friend of hty last night, ‘People will comé to the Bowery theatre evel though a storm may rage.” Had it been a fine nh there ts no doubt but there would have been a tree mendous house. Notwithstanding the storm, howe ever, there Was a good one, “See Saw’! deserves to be a success. As & pantomime it is intensely funn: Tricks, situations, changes, music, scenery an transformations are all good. Mr, Dean has fairly flooded the piece with ight, popular and well-kuowi Miss Schint & ars, Hernandez Foster was the clowa, and he lett nothing to desire. Frank Foster, as hare lequin, was quite acceptable, and Colunt. bine was as graceful as a columbine Ought to he, and found a good representative tn t person of Miss Nellie Wall. The scenes were all ne' Ind painied expressly for the occasion, and mapy o| them were really fine in their way. Those acquaint with the cities Of the stage of the Bowery theae tre will readily realize how evective a show ploet can be made when all the adjuncts which it possess are brought into requisition to insure its sucuesa, Monday night all the resources of the stage were drawn on, and See saw, Margery Daw Sold ber bed and laid on straw, passed otf successfuily, pleased the audience and te how fairly launched upon what will evidently prové a good run, Musical and Thentrical Notes. Mr, and Mrs, Barney Williams piay this evening a& the Brooklyn Academy for the benefit of the Roman Cathoile Orphan Asylum of that city, This is the eighth annual benefit they have gtven for the samé laudable purpose, dy of Lyons"? will be 4 this evening for the uly. Mr. Fechier, Misa Denetit of the Holland fai Leclerq and Mark Smith will appear, Mrs, Macready gave a dramatic recital at Lyrie Hall on Monday night, the first of a series. success Was of the most emphatic Thoroughly en rapport with the spirit of the character she assu.nes, sie causes one to fore get the bleak surroundings of the lecture room and to breathe the atmosphere of the theatre. In selec- uons from “Macbeth” she gave evidence of dramalia talent of the bighest order. The grand complimentary benefit to Professor Ria- ley at the Academy, next Saturday, premises to be ® colossal affair in the way of attractions, McKean Buchanan has had a stroke of paralysis at Norfolk, “Jezebel” and “The Mystery of Edwin Droog” wilt es ie uext great features at the Filta Avenue heatre, DEATH OF A RAILROAD PRESIDENT. HARtvoRD, Jan. 24, 1871. Hon, David Lyman, Fresident of the Air Ling Railroad Company, died at lits Louse in Middledicld to-day, after an illness of about one week, EUROPEAN MARKETS. MonrY Marker.—Lonvos, Jan, 2-113) P, Is, $246 for money ‘and the agcount. “Americ let. United States five-twenty bonds, 5; 1383, 8044 5 1867, 475; ten-forties, BENG. Stocks "Erie Isis} Ulldots Centrat'easier at 110; Atlantic and Great Wost? Loxpon, stocks quiet Loxpox [.—Consol Jan, 24—1:30 P. M.—American securities and \d steady ; quotations unchanged. Bounsh.—F Rann jan, 23.—United. VERPOOL O01 |. Cotton steady. Middlin, Orleans, Bide on spot and afloat, estimated at 12,000 bales. Sales were made yi day cotton slipped in December at Savannalt, and ¥et to atrive at 77% for mfddiing uplands. Sales’ have been mat& of cotton shipped in December at Mobile, and yet to arri ‘at 8d, for midding Mobiles. “4 Veg LiveRvool BREADSTUFFS MARKET.—LIyeRPOOL, Jan. %4—Noon,.—Breadstuffs firm. Corn—No. 2 mixed, new. Se ODUCK MARKET, LIVERPOOL, Jun, i4— umn, La, M Sela pay Jan, 24.—11 er © "1 » 23.—Petroleuns ‘ommon rosin, ANTWERP, andard whit VIEWS OF THE PAST. JANUARY 25, 1869—The crew of her Majesty’s gunboat Cockchafur attacked by natives near Swatow, China, 1861—Suicide ot Augustus Perrine, at No. 133 Third avenue, 1857—Batue of Obraje, Nicaragua. 1863—Dr. Walter Jardine committed suicide In this city. 1852—Sicamboat De Witt Clinton snagged and sunk, with forty persons on board, near Mempiis, Tenn. 1849—Duel between Marshal Narvaez and General Sagasti, in Madrid, Spain. 1811—Dantel Maclise, the painter, born. 1807—The French defeated the allied Russians and Prussians in the battie of Mohrungen. 1786— Benjamin &, Haydon, the painter. born. 1772—James Hogg (the Ettrick Shepherd), the. poet, _ be orn. 1759—Robert Burns, the Scottish poet, born. 1827—Edward Il. of Kugland deposed. Dice McLEAN.—On Tuesday, January 24, Mary McLaam, the beloved wife of Owen McLean, a native of the parish of Dramelif, county Sligo, Iretand, in the 60th year of her age. Her friends are invited to atrend the funeral, from her late residence, No. 112 Mulberry street, on Thurs day afternoon, at two o’cloc: [For Other Deaths Ses Ninth Page. A.—Herring’s Patent < bi CHAMPION SAFES. 21 Broadway, coraee Murray steaat A.—Balls and Parties.—Boots and Shoes for Ladies, Misses and Gentlemen, at BRUOKS', 675 Hroadway. A.—Periect Fitting Boots and Shoes, and warm Overshoes, cheap, at BROOKS’, 575 Broadway. od Rusiness is a Fortune to Any Man, to which he js best adapted is best. What can you - do best? Ask the PHRENOLOGIST at 389 Broadway. A. A.—Royal Havana papelomentarys Determined by the drawings of the Koval Havana Lott For information, &c., address MoINTIRF, GREGUSY &. ©O., at 816 Canal, 154 Chatham, 1 Sixth avenue, M4 Think avenue, 300 Seventh avenue, 163 Kast Howaton, or 6% Kast, ‘Thirteenth, corner of Broaaway, Afections of the Liver, Billous Disa: Sick Headache, Ac.) are thoroughly cured by Dr. JAYN! VE PILLS. Acting as ® general lazati all irritating and fecal matter from the bor change the vitiated secretions of tye stoma restore these organs to a healthy candition, ivy bhi ats pra and iver, ‘Sold by alt or Sore Agencleay, And Throat Henry, College place; DITMAN, Aster House Pharmacz. Acain, Cure Your ceaah with SMEPH'S PATENT -TROCHES, “AHurnet?s Superior Flavoring Extracts, (emou, Vanilla, de.) are strictly “STANDARD: and ual. ‘orm in" quality.” PARK & TELFORD, Twenty-fiest stroet, ‘ork, c aug broadway, New ¥ ‘them "fcx years—grow In favor. ee te yet La coxnfe ms Chambers street ond corner Forty-second at. aa adway. ruggisie. For sale, five alzes, by ull “rst class gracere Cloverine Cleank Articles of Lacie Dress: splendidly; gloves, furs, aces, velvets, de. eR a, dae Inghifel. ador upon’ ‘oan. / Dowt Cail ta Fisit the Most Pa of Phat Taney in the tprid, the wholesalp and retail depay te ments aoe ‘iy are gg tom sear a ak the public. It extends - throwgd to, Croaby street, eh. HELMBOLD COW ally inritey all to visit Gites? San Flower Cre Hands and Lipa, Sait Raeain, and € ot, 184 Sixth avepue, corner Th! Byall draggiag, Trice 99 cents tink Temp , “Caves. Cly Mba = Be apped ooh) AP i sur! for sale Mailed Free for 25 Cont. De Fats Lee= tures sateen Dobility ; Marriage, its oD" (gations and im- pediroents, and diseases arising from (MUL adence, with Trova agtual practice, Address Scerete 4y Dr. Kabi Staay 743 Broadway, New York. — Necessity Dnetog Cotd { LOW NG UREA Tt keeps the h UW Sixth avenua, core | ie wall drvagiage conta;