The New York Herald Newspaper, November 28, 1871, Page 8

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6 NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR. ————eeere An Dosiness or news letter and telegraphic espatches must be addressed New Yorke Hrarp. ss Volume XXXVI.. AMUSEMENTS THIS EVENING. ST, JAMES THEATRE, Twenty-eighth street and Broad- way.—OaTaRin 4—-Baoouvs. ACADEMY OF MUSIC, Fourteenth street—Irataw OrERs.—MIGNON. iets WALLACK’S THEATRE. Broadway and 13th strect.— ROSEVALE. ‘WOOD'S MUSKUM, Broadway, corner 30th st,—Perform- ances afternoon and evening—CLAIBVOYANOR BOOTH'S THEATRE, 284 st, between Sth and 6th ava. — ‘Tux VioTIms—SOLON SHINGLE, BOWERY THEATRE, Bowery.—Tax PurnomEnon— BEAROBING THE DEPTHS. NIBLO'S GARDEN, Broadway, between Prince and ‘Houston streete.—OUB AMERICAN COUSIN. GRAND OPERA HOUSE, cornor of Sh av. and 234 st— Panis; OR, THE Days or THE COMMUNE, LINA EDWIN'S THEATRE, No. 126 Broadway.—OPEra Bourra—Lz Pont pEs SourERs, FIFTA AVENUE THEATRE, Twonty-fourth streot.— Tux New Dzau or Drvozox: OLYMPIC THEATRE, Bronaway.—THE Bauer Pan- romimg of Humpty DUMPrx, gi THIRTY-FOURTH STREET THEATRE, near Third ave- Bue.—NkGRO EOCENTRICITIES, VOOALISNS, &0. a= HALL, Fourteenth street—Granp Con. PARK THEATRE, ae ananae opposite City Hall, Brooklyn.—Bxnra, MRS, F. B. CONWAY'S BROOKLYN THEATSE.— Ours, UNION SQUARE THEATRE, Fourteenth st. and Broad- way.—NEGRO AOTS—BURLESQUE, BALLET, 40. THEATRE CONI 514 Broadway.. wal abaes kee ag bg roadway.—Comio Vooal- SAN FRANCISCO MINSTREL HF. — 2 BAN FRANOICO MINSTERLS, oe BRYANT'S NEW OPERA HOUSE, 234 at, ween ane 7th ave —Brranr’s MINSTRELS, er Bd bd TONY PASTOR'S OPERA HOUSE, Ni wery.— Nxeno EoornTRIcITIEs, BURLESQUES, sa malinen NEW YORK CIRCUS, Fourteen an hak ee? ith street.—SCENRS IN DR, KAHN'’S ANATOMICAL M — we ane aa 'USEUM, 745 Broadway SOMERVILLE ART GALLER' Fifth — Lin's Lvian CaRToons. sale! ee TRIPLE SHEET. New York, Tuesday, November 28, 1871. ———— CONTENTS OF T0-DAYS HERALD. En Advertisements, 2Q—Advertisements, 3—The Prince's Pleasures: The Grand Duke Alexis Photographed; Visit to toe Brookiyn Navy Yard; Tue imperiat Party at the Opera; The Programme To-Day; The Proposed Visit to Philadelphia—Dicx’s Distress: Batlers on Behalf of the Late Comptroller Coming Up Slowly—News irom Washington—The New York Orthopwdic Dispensary—Kapid Transit. 4—The Municiral Government: Meeting of the Board o1 Apportionment and the Sinking Fund Commission—ihe Bad Gas—King's County Municipal Affairs—The Political Out- look: The Plotting and Planning Reorganization of the City Democracy— A. Scott and the Presidential Question—kunning Notes, Political and Generai—Rosenzweig Repudiated—Tne Long Island Bible War—Cituzen’s Reforth Asso. ctauon—Brooklyn Affairs—The Commusstoners. of Emigratioo—Prospect Park Fair Grounds— ‘The South Carolina Debi—Tne Recent Bulld- ing Casualty. ‘Proceedings in the Courts—The Fisk-Stokes Folly—Mrs. Carus’ Hopeful Son—The Blue Grass Region —The Smalipox— Personal Notes—The Brooklyn Bridge Tower Accl- dent—Another Noted Thief in Custody—Hung Himseif—Marriages and Deaths, 6—Editoriais: Leading article, “rhe President's Financial Policy—A Prospect for Reduced Taxation and Specie Payments”—Amuse- ment Announcements. ‘y—Editorial (Continued trom Sixth Page)—Impor- tant irom Itaiy—Tue Prince oi Wales’ [iiness— Teiegrams from ice, Spain, England, Russia, Germany, Austria, Belgium, Cuba and Mexico—Weather Report—Personal Latelll- gence—Business Notices. 8—Financial and Commercial Reports—Domestic Markets—European Markets—Cotton Crop of the World for 1872—The Suicide of Mr. Kopke— Signor Aldama and the Cuban Government— Advertisements, 9—Advertusemenis. 10—Amusements—Brooklyn Art Association—Mis- cellaneous Telegrams—New York City News— More Jersey Jusiice—A Bloody Affair in New Haven—shipping _Inteiligence—Advertise- ments, Ul— Advertisements. 12—Advertuzements. Governor Scott or Sourn Caroxina has stopped all further issue of State bonds, The debt of the State at present is $17,995,306, six millions of which is due to parties in New York alone. Tue Kv Kuvx Triats commenced in Charles- ton yesterday, Mr. Reverdy Johnson for the defence. The jury panel was challenged by the District Attorney and the Court was ad- journed. Tue Empgror oF GERMANY opened the session of the Prussian Diet in Berlin yester- day. In his speech from the throne he re- ferred to the financial prosperity of the country, proposed a general increase of offi- cial salaries, and advised the extension of the system of railways. The Emperor-King is an active, generous and enterprising nation- alist. Tae Granp Duce Avexis and his suite visited the Brooklyn Navy Yard yesterday, nd were the honored guests at a brilliant reception given by Admiral and Mrs. Smith at their hospitable residence. In the evening the imperial party attended the opera in the New York Academy of Music and listened to the rendition of ‘‘Faust” by an admirable company, with Mile, Nilsson as Marguerite. When the Grand Dake entered the Academy the or- chestra struck up the Russian National Hymn, and the audience rose to welcome the royal visitor. To-day His Imperial Highness will review the New York Fire Brigade, and in the evening he will attend the grand ball at the Brooklyn Navy Yard. Tur Prinoz or WaLes.—The latest bulle- tin is not encouraging as to the prospect of the recovery of the Prince of Wales, During Sunday night and Monday morning up until ten o'clock he had slept none, The fever was said to be increasing, but the strength of the patient was holding out against it. It is grati- fying to know that the Queen is constantly at his bedside. The unhappy condition of the Prince is aggravated by the fact that Her Royal Highness the Princess Alexandra is also ill, It isnot improbable that her weak frame has been overtaxed, and that she has given way under constant watching. After all wealth is sometimes found to be worthless and vaunted science weak. The Prince was more easy in the evening, but the disease atill retained its hold, If in a few hours more the fever docs not take a favorable turn the Paince’s life will be in great danger. NEW YORK HERALD, ‘The rresidents Financial Policy—A Pros- pect fer Reduced Taxation and Specie Payments. Our special Washington correspondence has conveyed the important intelligence that the President will recommend in his Message to Congress, a sweeping reform in taxation and in the financial policy Mr. Boutwell has beon pur- suing. This we have been urging for some time past, and it is gratifying to know Gen- eral Grant bas arrived at the same conclusion. Whatever may be said of him, or whatever mistakes he may make, it must be conceded that the President has the interest of the coun- try at heart and that he is honest in his pur- pose, and that when he becomes well informed on any question of public policy he will take the responsibility of recommending it whether his views accord with those of the members of his Cabinet or not. He sees now, undoubtedly, that the policy of the Secretary of the Treas- ury in keeping up a system of burdensome taxation isa mistaken one, He is prepared, therefore, according to the statement of our correspondent, to take the initiative in re- versing that, In this matter, then, Mr. Bout- well will have to follow his chief; consequently we may expect the report of the Secretary will be in accord with the Message, That is the proper position for Mr. Boutwoll to oo- cupy—the position merely of the head of a department, or of a sort of chief clerk to the President—for he has shown no capacity as a finance minister. It is understood that the President will re- commend Congress to abolish all the inter- nal taxes, except on spirits, malt liquors, tobacco in different forms and stamps. The exception of stamps, however, might cover a wider field, and we hope by this no large amount of taxation by stamps is contemplated. Spirits, liquors and tobacco are proper articles to be taxed, and that as high as they will bear it, without risk of the revenue being defrauded or making it difficult to collect the tax. The best revenue policy is to collect the greatest amount pos- sible from a few articles of luxury in general use, especially from such as are rather in- jurious than useful to tae community, and spirits, liquors and tobacco come under that category. The revenue system of Great Britain, which has been brought nearer to per- fection than that of any other nation, is based upon this principle. Not only do the people feel the burden less, but vice is checked, the revenue system becomes simplified and a com- paratively small force of employcs is required to collect the dues of government. Conse- quently the current expenses of the govern- ment are greatly reduced, and a host of men are sent from clerical offices to produc- tive employment. The reform promised in our revenue system, together with a thorough reform in the civil service, would reduce the force of government employ¢s greatly, save many millions of dollars a year to the Treasury, and check effectually the de- moralization that springs from office-holding and office-seeking. 2 But as the President has resolved to enter upon this necessary reform we hope he will not recommend or be satisfied with half. meas- ures, The revenue should be cut down a hun- dred millions a year at least, and we think it might be safely reduced a hundred and fifty millions, Two hundred and fifty millions ought to be ample for current expenditures, the interest on the debt and a safficient mar- gin for paying off a portion of the principal of the debt. The debt interest is less than a hundred and twenty millions, the expenditure for the support of the government ought not to be a hundred millions, and with a revenue of two hundred and fifty millions there would be a margin of thirty millions or more for contingencies and liquidating the principal of the debt. With the present system of taxation the Treasury would derive an income, we have no doubt, the next fisoal year, of four hundred millions or thereabouts. We repeat, then, that a reduction of taxes of a hundred millions to a hundred and fifty millions can safely be made. We hope the President, therefore, will not take any half meas- ures, nor be influenced by the Secretary or any other party in his action, but will recom- mend a sweeping reduction of taxes, and the reforms needed. In this, too, let him not neglect the tariff. A great improvement is necessary in that. In reducing the revenue to the standard we have named, or even lower, there will be an opportunity to modify the tariff so as to improve our shipping inter- ests and to give an impetus to commerce, at the same time internal taxes are taken off and the whole system simplified. It may be more difficult for General Grant to touch the tariff than internal taxation, as the protec- tionists are powerful and comprise the bulk of his party; but he is in an independent and most favorable position and should look only to the interests of the country. Let us have tariff reform as well as reform in internal taxation. With such a great reduction in taxation as we have indicated the most important step will be taken toward specie payments. The country will bound forward in prosperity, apprehension of financial disaster or a crisis will be removed, industry, commerce and the exportation of our products will revive, and gold will go down. There will be nothing, in fact, to hinder a return to specie payments the coming winter. Gold is now down below 111 premium, which is near the value of for- eign specie in the difference of exchange, and the government could at any time restore specie payments. It is a hopeful indication that we may soon reach a specie basis that eimultaneously with the promised revenue re- form some of the leading members of Con- gress are preparing to urge resumption. Sen- ator Sumner, who is now on his way to Wash- ington, is prepared, it is said, to use his great ability at the commencement of the session of Congress to bring about specie payments, That is to be his great work, and when we look at his power and legislative experience, there is reason to believe he will bave great influence in settling the question. He goes to Washington, too, it appears, fortified by the desire of commercial men, capitalists, manu- facturers and the people generally of New England for this object. The greatest obstacle, perhaps, to a return to specie payments may be found in the national banks, These powerful institutions have a monopoly of the paper circulation and derive an immense profit from that, It is natural to suppose they will oppose specie payments, But are thoy to stand in the way? to receive great advantages and profits from the liberality of the government, No institu- tions were ever more favored. The profit of a vational circulation is gratuitously given to them. They give nothing in return for that and are of no assistance to the govornment, Congress ought to compel them to resume specie payments at once. In their grasping cupidity they lose sight of. the little incon- venience which, after all, they would be sub- ject to in resuming specle payments, They do not seem to comprehend the wonderful revolution that the magnetic telegraph and other modern agencies of science are effecting in the monetary affairs of the world. Nomi- nally specie may bo the basis of circulation and commercial trans \ctions, and may be used to a limited extent among the people in the ordinary transactions of life; but it is no longer necessary for actual transmission or currency in large commerocial transactions or for use in the balance of trade. The de- posit of an amount of specie in one place, or of value in anything else, is as good as at any other place, The telegraph communicates the | fact and renders unnecessary the removal of specie to any great extent, The tendoncy is more and more to make the removal of gold and silver in bulk unnecessary to regulate trade, and the time is not distant when the transmission of these metals will ba of no more uso than the removal of iron or copper for that purpose, All eommercial nations are approaching to an identity of interests, and values everywhere are becoming equalized. The present postal money order system be- tweon nations is but the beginniog of a far more extended system of exchange by paper without the removal of specie, There need be no apprehension, therefore, about returning to specie payments, Gold and silver will be in little demand, comparatively, amd our mone- tary system would soon be equalized with that of the rest of the world. Lot us have, then, a thorough reform in our revoaue to begin witb, and that to be followed, without delay, by a resumption of specie payments. Tho ltalian Nation Crowned in Rome— Opening of tho Parliament by King Vic- tor Emmanuel, A Herp special telegram from Romo enables us to record in our pages to-day the consummation of one of the greatest, perhaps grandest, events of modern history. The na- tional edifice of Italy was crowned in the Eternal City yesterday. King Victor Emmanuel opened the session of the Parliament in the capital with a speech from the throne, The scene was animated and enthusiastic to a de- gree. It became solema from the patriotic feel- ing which was evinced by the obief actora, The legislative hall was thronged to its utmost capacity. The audienco saluted the King with an outburst of genuine applause. His Majesty appeared to be deeply moved as he advanced to the throne and after he had taken posses- sion of it. The main points of his address, as they have been specially reported for our readers, were spoken in reference to the con- solidation of the kingdom and the future atti- tude of the government toward the Pope. When he said that ‘he great work to the accomplishment of which he had devoted his life was now happily completed,” his words ‘| were hailed with shouts of deafening applause. When he urged “‘the necessity of conciliation towards the Vatican,” his advice was received coldly, The very heart of Italy was presented to the Crown by this twin expression. It had engraved on it, “‘A free Church in a free State, but a free State before all.” The King proceeded to say that Italy had reconquered her place in the world. She had been re- stored to herself first. She was peaceful and friendly with the other nations. Rome was likely to remain the seat of the Pontifi- cate. His Majesty does not trust to soft words or the influences of the red tape system of diplomacy, notwithstanding all this. He “warned” the Parliament of the necessity which exists for a thorough organization of the military and naval forces of the kingdom, assuring the members that the people will hold them to a strict ac- count in the future should they neglect their duty in either respect. In this the King gave proof that he is vigilant as well as prudent, and thus justified his descent from his illustri- ous ancestors—him of the Hard Head and the Man of the Hundred Eyes, Leaving the Parliament House the monarch was con- ducted by the people in triumph to the Quirinal. He stood forth on the balcony twice after his arrival, in obedience to their call, Rome was illuminated grandly—and an illu- mination in Rome is always the grandest of its kind—during the evening. The sky was in accord with the King’s subjects. A luminous appearance radiated from the planet Venus at midday. It was accepted by the Italians asa light of hope, an augury of the future of their country. His Holiness the Pope remained in the Vatican. The Pontiff was consoled by the clergy. Thus do we specially pro- claim Italy emancipated, from its outmost ex- tremity to the centre of the city of Romulus, The spirit of Cavour is appeased, perhaps avenged, A Rior or Atarmina Drwensions has, ac- cording to our special despatch, taken place in the Cuban capital, It appears that the medi- cal students of Havana, moved by the spirit of mischief, if not by malicious intent, have des- ecrated the grave of Gonzales Castanon, whose memory is held high in veneration by the vol- unteers. This unruly body of men know no other control than that of their unbridled pas- sions. Following their bloodthirsty instincts, they demanded the surrender of the students who had been confined in the jail, in order to sate their vengeance on the lives of the offenders. The Acting Captain General has, however, had firmness enough to resist the demand of the ruffianly volunteers, By his order a court martial has been formed for the trial of the accused, of whom eight are already said to have been sentenced to death. This punishment would be so cruel and bar- barous in proportion to the smallness of the offence that it is to be hoped, for the sake of humanity, that the report is not true, The Spanish government will not burden itself with the terrible crime of executing these young men for such a pallry matter, A Disnonnst Revenue Orrician in Texas recently committed suicide, thus putting to shame, so far as conscience is concerned, some of our own dishonest officials, Conflict. A oable despatch informs us that the Lon- don Standard bas it on unquestionable authority that Russia is arming on a gigantio scale. Two fortified camps are being formed, each to contain one hundred and eighty thou- sand men. It is decided that one of the forti- fled camps shall be at Smolensk, and it is all but certain that the other will be located on the Galician frontier. The Standard further informs us that these military preparations are directed more particularly against Austria, because of the appointment of Count Andrassy to the chief place in theimperial council. Wo have no reason to doubt that the Standard is well informed, or that this piece of intelligence is absolutely reliable. If true it is ominous of war, It is now some weeks since we foreshad- owed some such complication. We distinctly declared that the next great conffict in Europe would be between Russia on the one hand and Germany and Austria on the other. It was known to us that Germany was making war preparations on a most gigantic scale. It was koown that Austria, in spite of her internal troubles, was similarly engaged. Every other day has been revealing facts which left us less and less in doubt as to the tendency of events, It is only a few days since Bismarck proposed and the North German Parliament conseated to the laying aside of a huge war fund to ba ready for immediate use in the event of any sudden emergency. That war fund, enormous beyond anything of the kind ever known in Europe, is now or soon will be, in hard cash, safely deposited in the imperial treasury. The conferences of Gastein and Salzburg have severely pained Russia. Von Beust has retired; but he did not retire until he had effected a recon- ciliation and concluded an alliance between Germany and Austria, nor until he made it certain that the policy he had inaugu- rated was safe in the hands of his successor. The Hungarians are the sworn foes of the Russians. They never liked them, and they never will forgive them for their conduct in 1849. Count Andrassy is a representative Hungarian and fully imbued with the senti- ments of his countrymen. The concluding of an alliance with Germany was the breaking up of all friendly relations with Russia, If one of the fortified camps ba established on the Gallcian frontier it will be regarded asa direct menace to Austria, and it may be taken for granted that the imperial government will lose no time fa demanding an explanation. On this explanation will hang the question of peace or war. Such a camp in such a place Austria cannot permit, for it will be an open encouragement to the disaffected Sclaves to rise in rebollion. The whole question is thus reduced toa nice point. If—as we have no reason to doubt—an alliance offensive and defensive has been concluded between Austria and Germany, Ausiria will rush in at once, but she will not rush in alone, The conquering sword of Germany wili be unsheathed, and all the weight of her invincible hosts will fall upon the Northern Colossus, It is not difficult to decide beforehand on which side victory will lean, Russia may be more than a match for Austria; she may be quite equal to the task of measuring lances with Germany; but against Austria and Germany combined she cannot have the shadow of achance. Russia is absolutely without an ally. The only pos- sible assistance she can count upon is insur- reotion among the Austrian Sclaves. The war may be short, sharp and decisive. It may be protracted, In any case it will be bloody and destructive, quite as much as, if not more so, than the war which has so recently been concluded. There are those who think that France must join in the conflict. We do not share this opinion. France is not in a position to undertake the responsibilities and run the risks of another gigantic conflict. Her hour of revenge may come, but the time is not yet. If France sbould indicate a willingness to choose her side it will not be difficult for Bismarck to persuade Italy to give France sufficient occu- pation, The Italian people hunger after Nice and Savoy quite as mach as they hunger after Rome. And whocan doubt that in such an event Bismarck could and would plunge France once more into the agonies of civil war by openly encouraging and aiding towards the restoration of Napoleon? Not unless Turkey or Switzerland, or Holland or Bel- gium is menaced will Great Britain join in the fray. One certain result of the war will be the rectification of frontiers, Austria will pay Germany for her help by surrendering the German provinces proper, and Prussia will consent to her occupation of Roumania, Austria will thus, leaning upon Hungary, move eastward, and by building up a new em- pire in the Lower Danube she will raise a powerful barrier wall between Russia and Constantinople, Germany will not lose the opportunity to seize the German provinces of the Baltic, Russia will lose, Austria will lose ; but German unity, so long the dream of poets, will be an accomplished fact. It will not surprise us if the British government shall, in the general confusion, seek compensation for the loss of its influence on the Continent by seizing and occupying the land of the Pharaohs, Great Britain will maintain, for some time to come, her supremacy on the seas, but Germany will be the undisputed mistress of the Continent of Europe. KENTUCKY AND THE Passive MOVEMENT.— The Danville (Ky.) Advocate does not ap- prove of the democracy abandoning the field at the next Presidential election. It is not only in favor of a Democratic National Con- vention, but the selection as its stundard- bearers of men ‘‘who are thoroughly identified with the democratic party in the straggle it will make to preserve a constitutional Union.” This is the opinion of most of the democratic journals in Kentucky—a State whose democ- racy is planted upon a rock so firm that the blasts of radicalism beat upon it in vain, Tnx Mormon Exper, Pratt, even at this late day, insists upon upholding polygamy, and he and his congregation declare they will give it up for no government on earth. Brig- ham has been telegraphed to by his friends to come homo in time for his trial, but it is shrewdly intimated that the prevailing snow etorm may prevent him - TUESDAY, NOVEMBER 28, J87[—TRIPLE SHEET. CC Under any circums‘ances they would continue | £ussia Arming—Preparations for the Coming | Mr. Montgomery Blair's Plan, Goversor | Indge Bedford’s Rald—The Grand Jory Hoffman’s Plan and Judge Chutch’s Pian, Mr. Montgomery Biair, of Maryland, one of the famous Blair family, has a plan (we pub- lished it yesterday) for dofeating General Grant in 1872. It is the Missourl plan of a fusion of the democrats with disaffected repub- licans, the democratic passive policy, the plan of running the democratic party under cover of a republican domino; and Mr. Blair makes out a strong ease in support of this plan, In the first place he says that General Grant is no republican, but is a democrat, and that if it had not been for Washburne the democrats would have got him as their candidate in 1868, Mr. Blair says that by Mr, Tilden, Mr. Church, and others, of New York, in 1863, ‘I was authorized to offer Grant the democratic nomination, which I did, but Grant fooled me. He was only coquetting with us.” And so they lost him, But what are they to do now? Mr. Blair says that Grant is very strong; that he has the political stockers at his back, the sporting fraternity, Bishop Simpson and the Methodists, all the high tariff men, the railroad monopolies, the national banks, holding four hundred millions of government securities; the bondholders, and the army of office-holders, one hundred thousand strong. We are not surprised, then, to be next told that ‘‘it is the alliance of these vast interests which gives Grant and his radical coworkers their almost irresistible strength,” the power, in fact, of ‘‘a regular army against an opposing force of untrained volunteers,” Here, then, Mr. Tweed’s immortalized ques- tion recurs, “‘What are you going to do about it?” Mr. Blair confesses that the democratic party, with its war record, has no chance, and so he says, “Let the democratic party stand back, and let the field be kept clear for the disaffected and independent republicans ;" and let them “nominate whoever they please, and then rally the democrats to his support;” for “this is the way Lincolo got in in 1860, and in this way Grant can be easily defeated.” As to the candidate Mr. Blair says, ‘‘My per- sonal preference is for William Cullea Bryant.” We have tried generals, statesmen and poli- ticians, and Mr. Blair now goes fer a poet, a Nestor among poets, one who can not only write poetry but who can translate and ex- pound ‘‘Homer's Iliad” as it never was trans- lated or expounded before, But ‘“‘there is Trumboll and Judge Davis, Senator Carpenter and Gratz Brown, any one of whom would make a splendid run, and, with a fair canvass, would beat Grant.” This is Mr. Blair's plan. In the next place, Governor Hoffman is strongly inclined to a fusion movement on the Missouri system, though he says, ‘I am not clearly settled in my mind as to what coarse the democracy should pursue.” In other words, he is ‘‘wait- ing for something to turn up.” He thinks, however, that ‘‘the New York reform move- ment should be extended to the whole nation,” and that at the head of affairs ‘‘we want a statesman who will dictate a policy to his Cabinet, instead of blindly following such policy as may be mapped out by his minis- ters.” But still the Governor is like one groping in the dark, for he does not see his way through the labyrinth of the fusion move- ment proposed between the democracy and the discontented republicans; and so he beats about the bush in “glittering generalities.” Judze Sanford E, Church, himself a bold- over candidate from the Tammany Conven- tion, has no faith in these coalitions, He thinks ‘the democracy of the nation is too great a power to surrender its principles in a scramble for office,” that ‘‘its past bistory is too brilliant to forego its policy for a division of the spoils,” and that it “‘still lives and will live for a brilliant future that will come some time.” He thinks, too, that now is the time for the Hzratp to lead off in the great work of national reform, and that through the power of the press a mighty revolution may be speedily accomplished. But he is in no hurry for this fusion movement, and does not like the idea of putting the democratic party on a back seat, out of the public view, in this com- ing Presidential contest. We find in this proposed fusion movement that the red-hot democracy of the West and the Confederacy democrats of the South are most enthusiastic, that the democratic leaders of the Central States and the East are not very hopeful of this new departure, and that the disaffected republicans in regard to it are exceedingly shy. They like the lectures of Carl Schurz against General Grant; but they re- pudiate the idea of @ bolting republican con- vention, in advance of the regular convention of that party. If they cannot, in that conven- tion contrive to apset General Grant, they may be ready to join the democracy ; but it is doubtful. They wanta share of the spoils, and four years more is a long time to wait, When the pinch comes these disappointed radical outsiders may think it wisest to trust to their chances under General Grant. And 80, we fear, Mr. Blair's plan will bo a failure, Sourngrn Fiavres For AN ANTI-GRANT PrEsipENT.—The Montgomery (Ala.) Adver- tiser—liberal democrat—figures up ninety- eight Southern electoral votes for a liberal democratic and conservative ticket next year, Only sixty-one additional democratic and con- servative votes are needed to secure the election of a conservative President. ‘Can not,” asks the Advertiser, ‘‘the Northern and Western democracy and conservatives furnish sixty-one votes for their own men and their own platform, which the South stands ready to sustain?” They certainly ought, But in the present seething and surging condition of the democratic party the question is—Will they? With the wreck of Tammany the democratic ship lost its rudder, and it will take some time to replace it with one that will enable it to steer a safe and correct course during the storms of the next Presi- dential contest, Tux Convention between Austria and the United States guaranteeing the inviolability of trade marks in the two countries was duly ratified by ministerial signature in Vienna yesterday. Another step in the path of inter- national harmony and a fresh aid to commer- cial progress. Tar Hianer Torey Pioxrookets in Sing Sing recently assaulted and robbed the abor- tionist, Rosenaweig, for presuming to intrude on their oomuanye at Work, The interlude of the recent arrest under the’ civil suit instituted by the Attorney Goneral ” Of the Siate, through Charles O'Conor, must Bot be permitted to divert public attention from the more serious drama in which Judge Bedford plays the leading part, supported by District At i A rict Attorney Garvin and an intelligent Grand Jury. After all, the recovery of the money of which the city has been defrauded, even supposing that restitution should be made of every dollar, would not be so satis- factory a vindication of justice as would the conviction and punishment of the dishonest Officials who have so criminally abused their trust, As it is the oivil Proceedings do not contemplate the recovery of more than an in- significant portion of the plunder secured by the conspirators—two million dollars, or thereabont, out of some fifteen or twenty millions. Hence the successful termination of the suit, which is at least doubtful, would be but a mockery of jus- tice. The emount would be paid out of the common stock, and the peculators would scarcely feel its loss, It would bea lasting disgrace to the city should no penal sentence overtake those who are accused, not of breach of trust only, but of actual forgery. Hitherto the intrigues, barzains and interests of political adventurers have fettered the pro- ceedings against the suspected parties, and the efforts of those who have been aiding and advising the Committee of Seventy have beea directed rather toa party triumph than to the actual conviction and punishment of the guilty parties. Judge Bedford, who is free from all political alliances, is resolved ta remedy this evil, and, if possible, to fasten the criminality where it belongs, regardless of where the blow may fall. The District Attorney and the Grand Jury .seem to be well disposed to second his effort and to do their duty asthe Judge has discharged his—fear- lessly and resolutely. The Grand Jury held a meeting on Saturday—a very unusual thing— and it is known that on that day Charles O’Conor and Jackson S, Sohults were before them, Yesterday, it is said, Samuel J. Tilden was under examination. This certainly looks like business; but we believe there are better witnesses to be socured than any of these gentlemen. It is singular if Assistant Auditor Lynes cannot be traced. The police should be set to work to discover his whereabouts, and algo to track Woodward. We shall be prepared, probably, to offer some suggestions to the Grand Jury betore the investigation closes which muy aid them in perfecting a case. At proseat it is ramored that the Harlem Court House swindle ocoupies their attention. At all events they are hard at work, and the best evidenca that they are om the right tack is to be found in the flurry and alarm evinced by those whose noisy advocacy of reform has been induced only by political motives, Judge Bedford has proved himself to be a fearless and upright Judze, and it is to be hoped that his reputation will be shared by the District Attorney and the Grand Jary. THANKsGIviNe.—The national festival of Thanksgiving will be upon us soon, and we can truly say that we have much to be thank. ful for. The Treaty of Washington, the over- throw of Tammany, the reduction of the pa- tional debt and the arrival of the Prince are all fil subjects for hearty thanks. The Chicage and Western forest fires were terrible devasta- tions, it is true; but eventhey can be trans. formed into subjects for congratulation when we remember what a wonderful libation of charity they called forth from ail parts of the universe. Indecd, we have had enough good things vouchsafed us during the year to insure a hearty Thanksgiving and a bounteous feast of turkey on Thursday next, In the mean- time we will not let the poor be lacking. New York never does that. Tne Two Puatuists, Mace and Cobura, an nounce, with many convincing oaths, that they intend to fight, instead of spar, on Thursday next, Tue Casx or Ex-ComMpTRoLLER CONNOLLY.-* The ex-Comptroller, abandoned by those whe have heretofore stood before him to screen him from the law, has found great difficulty im procuring the amount of bail required in the civil suit in which he has been made a oo- defendant with Tweed, Woodward, Ingersoll and Garvey. He has not, however, suffered as much inconvenisnce from tho delay as would have been experienced by a less im- portant prisoner, his quarters having beem more pleasant than those occupied by the poor debtors, with whose sufferings Judge Barnard recently exhibited so much sympathy. The New York Hotel is a much more desirable residence than the Ludlow street hotel, and, as will be seen from our reports, the fare pro- vided for the inmates is of a botter quality and in more plentiful supply. A Wratrrn Backwoops Po.iTictan is im favor of the “one-term” principle, He basa woman's righis wife, he says, who is one tem magaut, and is not in favor of the continuanes of ber administration, Tuers 13 A Lrtrtz Excrrement in Bostom about the next Mayor. The present incum- bent, Mayor Gaston, was elected by a nom- party vote, The republicans propose to nominate a candidate of their own, Mr. New- ton Talbot. Talbot is good sort of a mam enough. He has a weakness for red whiskers and is of commanding build, But he has a way of keeping his eyes closed, whioh is hardly becoming in these days of municipal reform. The man for Mayor nowadays must keep his eyes wide open. Sournmrn Immigration. —The Governor of Alabama, in his recent message to the Legis lature, recommends to the earnest consider- ation of members the question of immigration. The impression of new industrial enerzy and intelligence through the introduction of a vigorous, hardy and law-abiding population / from other climes and countries, ho says, will have a sglutary and invigorating cffect on all the industries of the State, as well as on the social and material interests of the people. He advises the establishment of a Bureau of Immigration in connection with the office of Commissioner of Industrial Resources, The great induoemont for foreign immigrants te locate in the South would be the assurance that they can be protected in person and property equally with those whe oaat thelz,

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