The New York Herald Newspaper, December 16, 1871, Page 6

NEW YORK HERALD an BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR — Volume XXXVI... =— —== AMUSEMENTS THIS AFTEANQON AND EVENING LINA EL Bovrre—-La vIN'S THEATRE, No. 720 Broadway,—OPRRa YONT DES SOUTERS, ‘3 THEATRE, Broatway ani 13h street. — Siatinee—ROSEDALR, Broaiway, be'weea Prince and NIBLO'S GARDEN, Houston sireets,—OUR AMERICAN COUSIN. BOWER THEATRE, Bowery-—Ren Hanps—Mys- THRIES OF Panis. ACADENY OF MUSIG, Fourteenth street.—Matines— Faust. OLYMPIC THEATRE, Broadway.—Twe BaLuet PAN. roxtyn oF Houpiy DUupTy, Matinee at 2. POOTH'S TUSATRE, HAMLET. Matinee—Lai enty-third st, corner Sixth ay,— oF LYONS, WOOD'S MUSEUM, Broa: ances aftersoon and evenm, ‘ay. corner Sith at. Perform TREETS OF NEW YoRK. GRAND OPERA HOUSE and 23d st— far Sverrrs oy New ; FIFTA AVENUES THEATRE, Twoaty-fourt street. — Tar Kew Dr or CE, Matinee at 13g, STADT THEATR . 5 and 47 Bowery —Gruman OrrRar Conran TOMIMISTS, (C. Matinee at 2, MRS. F. B. CON BROOKLYN THEATRE.— Davip Corrrrr isu. THEATRE COMIQUE, 514 Broatway.—Couto Vooau dows, Necro Acas,&c. Matinee at 2 TRE, Fourteenth at. and Broad- LESQUE, BALLET, &c, Matinee, UNION SQUARE Ti way. —NEGKO Acts TONY PASTOR'S OPERA HOUSK, No. 201 Bowery.— Neauo Eocenrnrcitizs, BORLESQURS, £0. Matinee, BRYANT's NEW OPERA HOUSE, 254 at., between 6th and 7th ave.-BRvaxt's MINSTRELS. Matinee at 2 BAN FRANCISCO MINSTREL HALL, 585 Broadway.— Max Sax Franoisco MINSTRELS. TAIRTY-FOURTH STREET THEATRE, near Third ave- Rue.—Ntexo LCoRNTRIOITES, VOCALIGMS, £0. Matinee. STEINWAY HALL, Fourteenth atreet.Gnanp Ovni Conorer. Matinee at 13. a8 NEW YORK CIRCUS, Fourteoata atroet.—SCaNRS IN WHR Rive, AcRo“ATS, 40. Matinee at 24, DR. XAHN'S ANATOMICAL MUSEUM, 745 Broadway. — co : sid ual TRIPLE SHEET, New York, xaturday, December 16, 1871. ved CONTENTS OF TO-DAY’s HERALD, Pacs 1—Advertisementa, 2—Advertisements, 8—News from Washington: Banks Balks the Critics oi the Washington Treaty; The Sena- toriai Caucus Decides to Refer Trambull’s Anti- Administration Charges to the Retrenchment Commiitee—L’ internationale: Preparations ior the Parade; Letier from Mr, Banks on the Merits o1 the Society; George Wilkes on the Situation—Packer Collegiate Institute. 4@-City and Country: The Kumor of Revelations on the Ring by the Great Garvey; Mayor Hall on the Subject—News from Andrew Garvey; Return of Mrs, Garvey to the City—The Elec- lion Frauds; Trial of Inspectors at Yorkville Powice Court—The King Frauds: More Time Wanted by the Grand Jury for the Investiga- uuon of the Ring Delinquenctes—Centraliza- tion: A Cuniugly Devised Judicial Scheme; New and Alarming Jurisdiction Given to the United States Supreme Court—Yorkville Dis- pensary—Another Destructive Fire in Pater- son—Highway Robbery in Trenton. 6—The Scatfold: Execution of a Negro Murderer in North Carolina; A Praricide Hanged in New Jersey—Leciures Last Night—The Broken Banks—Music and the Drama. @—Editoriais: Leading Articie, “President Thiers and the Orleans Princes—An Interview aud a Dangerous ifference’—Amusement An- nouucements. ~The Prince of Wales’ Iiness: Hopeful Improve- ment and Danger Greatly Lessened; Joyous Demonstrations in London—Important trom France: Crisia of the Republic; Interview of the Orleans Princes with President Thiers; The Duc a'Aumaile ch by Thiers With Secret Intrigues Against tne State; ‘foters To Be Forced to Resign—Inter- esting from the New Dominion—Miscelianeous Vable and Domestic Telegrams—Arrest of Tweed and Connolly—Business Notices. @—The Tria! of Mrs. Wharton—Great Canine Com- bat —The College in China—The Spectre of the Ratt: An Express Train Wrecked Near Pater- sou—Jersey City Post OMice Robbed—Masonic— Views of the Pasi—Foreign Miscellaneous Items—A National Chess Association. ®—The Great [rie Case: Order for the Transfer of the British Shareholders’ Stock at Last Issued—Statisiics of Commerce and Naviga- tion—Aten, the seceay Burglar—Obsequies of Dr. Gardiner—John 0, Baum Rescued—Two ‘ore Jersey State Prison Birds—Financial and mmercial Reports 3 aie on Deaiee. ‘The Frost King: Opening of the ing Car- = nival; The Central Park Ponds Ailve With Fun and segs pie : Beth from Canada—Miscellaneous Tele; p= ping Tnvellixence--advertisementh. 41—The First of the Hostages: The Assassination of Gustave Chaudey and the Trial of his Alleged Murderers—Tne Courts—Smallpox in Brooklyn—Councerfeiting: Trial of Mincr, the Alteged Counterieiter—The Fatal Crushing of Oscar Bibbig—Suicide by Shooting. 9—Aadvertisemenis. ; Taz First or tue Hostacss.—On the gleventh page of this morniu,’s issue we publish a letter from one of the Hxraxp’s ~ porrespondents in Paris on the trial of the Blleged murderers of Gusiave Chaudey. The Assassination of M. Chaudey may be regarded as the first act of the terrible drama which pulminated in the wholesale slaughter of the hostages by the Paris Commune. Posto Exrcurions Yestzrpay.—Accord- ing to reports published in our columns day, the death penalty was exacted yesterday in the cases’ of two individuals viously condemned for murder. In the one Ravees @ negro, ing to Hillsboro, N. C., who was convicted of prutally agsassinating a feilow negro—Baker Tilly—while engaged at a “shucking” festival fv October last, was executed in the jail of the Jatior place, or, rather, sirangled, for our cor- Fespondent pictures one of the most horrible Geath scenes imaginable, even for a negro, To the other case, John Ware, who was con- wicted for the murder of bis father at Berlin Cross Roads, near Camden, N. J., submitted fo the ignominous death allotted bim for his prime, causing much excitement to the quiet fohabitants of that place, who had never before witnessed such a desecration of their wicinity. Tue Exm Rawway Litioation.—An im- Aopen resalt hae just been reached in the tie Railway war. Yesterday, iu the United Btates Circuit Court, an order was made by bhe Master, Mr. Kenneth G. White, that so 8000 as forty-seven thousand and odd shares bf Erie stock shall have been registered at the Farmers’ Loan and Trust Company they are to be delivered to the attorney of Heath and Rapbael, the English shareholders, who have j prac 2 difficult und expensive war jor the recovery of their property in our State and federal tribunals. Success, so far, bas crowned their efforts, But there is another branob of the case still undetermined. Fisk, Jr., nd Jay Gould lay claim to wore than twelve thousand shares, forming a portion of the sixty thousand originally alleged by Heath and Raphael to belong to them. Gould and Fisk siate that they are owners of or bave an in- terest in these twelve thousand shares, witb respect to which no order bas yet been made, por willany be made, until the question as to their ownership is determined; and, provably, that may have to be settled finally ia Engluod, named Pomp Lyons, belong- | Interview asd a Duogereus Digor- ence. According to a cable despatch, special to the Heratp, to be found in another column, a crisis of a serious character has arrived in France. On Thursday last the Princes of the House of Orleans had a fresh interview with President Thiers. The interview, it seems, was somewhat protracted, and, so far #8 we can judge, far from pleasant. The President made direct charges against d’Aumale. D'Aumale, according to the President, bad not been faithful to the terms of a pre- vious agreement. He had done his best to interest the generals of the army in his favor. D’Aumale denying, President Thiers made distinct and specific charges. The charzes are these: d’Aumale had made visits to maay generals who have seats in the Assembly, He had seen Ducrot, and Billot, and Martin, and Depaillieres, and Chanzy and others, to all or to most of whom he had revealed his purpose. He had even made special visits to subordinate officers, whose names, if necessary, M. Thiers was not unwilling to give. The interview was so far from pleasant, and the President bad so much the advantage, that the Duke brought matters to a rapid termination by saying that he would consult his friends as to when he should take his seat in the Assembly, but never as to whether he had a right to do the same. Bourbaki, it seems, had told the Dake, in tho presence of Ducrot, that the salvation of France rested with the republic or with the empire. At the same time Bourbaki was of opinion that it was not unfair on the part of the Orleanists to take advantage of the impatience of the Freach people and to force the resignation of President Taiers, Should M. Thiers resign, d'Aumale will, of course, become President of the republic. It seems, however, that the Presidency of d’Aumale is intended to bring about the following result :— The Count de Chambord, King of France; the Count de Paris, heir to the throne ; d’Aumale, Lieutenant General of the kingdom. Such is the inside view of French affaizs which we are enabled this morniog to present to our readers. To us it matters little how the French peo- ple are to be ruled or wish to be ruled, It is for France, not for us, to say whether the new depariure is to be republican or monarchical or imperial. ‘Our business is to chronicle the facts of the day and to indicate their meaning. In the present case we have no choice but to admit that a crisis of a most serious character has ar- rived in the history of the provisional govern- ment, or the interregnum, as some are pleased to call it. If our special despatch reads us any lesson it reads us this one— that the President of the republic and the Princes of the House of Orleans have broken with each other. Unless some speedy recon- ciliation is effected there must be open war between d’Aumale, the recognized ohief of the Orleanists, and M. Thiers, the present execu- tive head of the French nation. It has all along been belleved that the President was honestly doing what he could, first of all, to maintain in France a strong government, and, secondly, to make all his power more or less subservient to the restoration of the monarchy. The impatience, however, which has naturally taken posscasion of the French people, and which Is largely shared by the outside world, has taken hold of the Orleanist Princes them- selves. They have trasted M. Thiers; they have had from him promises innumerable ; they have waited with patience, and, now that patience is exhausted, they have forced a crisis, We are not disposed allogether to blame the Orleans Princes, for a throne is a big stake. It is right and proper that they should look after their own interests. Since 1848 they have submitted and waited and hoped. During all these years they have comported themselves with dignity. They have never attempted or encouraged revolution. But the present National Assembly represents their interests and desires their restoration, and President Thiers alone stands in their way. At the same time we feel bound to say that we do not blame the President. His is a most difficult position. His is a most difficult task. His country, be knows, is divided. There are those who demand the republic; there are those also who demand the restoration of the empire; the Assembly is monarchical. But all the parties are at variance, and the Presi- dent, whatever his personal feelings, is justi: fied in doing what he can to protract the existence of the present provisional govern- ment, as the only government which is strong enough to prevent a war of the factions. It is possible that President Thiers has not been sufficiently decided; but decision is difficult when the almost certain result would conflict with all one’s plans and purposes. Without blaming the Orleans Princes, and without blaming M. Thiers for his cautious and tem- porizing policy, itis not unjust to the one party or the other to say that a crisis has come which they hsve not created and which they cannot avert. What is to be the immediate result of this difference we know not. That it can hardly fail to be serious must, we think, be admitted. President Thiers bas his plan, the Orleanists have their plans; aid the qliestion now is, | Which is to succeed? Itis well known that President Thiers has made up bis mind that | the immediate restoration of monarchy, if not | impossible, would be in the last degree in- | jurious to the best interests of France. It is | his intention to bave introduced into the As- sembiy, through the instrumentality of indg- pendent members, certain measures which, if carried, will place the republic on a solid and enduring basis, The Assembly is sovereign and is to be regarded as such, one-third of the members retiring every year, thus making | way for new blood. It is part of the plan that M. Thiers shall be declared President for life. The Orleanists, who know that two- thirds of the National Assembly are of their way of thinking and who wish the immediate restoration of the monarchy, are impatient of @ policy which ie ruinous to their chances. It is reasonable, we think, to take it for granted that the Princes will now take their seats in the Assembly. If they do not the world will not give them credit for being equal to the occa- sion, If they do the Assembly will have no choice but decide between the republic and the monarchy; for It may, we think, be taken for granted that the moment they eater the As- sembly M. Thiers will resign. The election of the Duke d’Aumale to the Presidential Thiers and the Orieans Princes— rp chair, in the event of the resignation of M. Thiers, is a foregone conclusion; but the elec- tion of the Deke d’Aumale as President of the republic would simply mean the restora- tion of monarchy. The Count de Chambord has but a small chance of ever ruling France; but d’Aumale might be a sort of compromise between the Count de Paris and the legitimist chief. In all that we have said we have stu- diously avoided mentioning the Bonapartes. It niust not be imagined, however, that the cause of the House of Bonaparte is dead. MacMahon is a Bonapartist, and MacMahon is at the head of the French army. That Presi- dent Thiers has not before this time found another commander-in-chief of the French forces is to many convincing proof that the President above all things dreads the power of the army, and through the army the resto- ration of the empire. Our special despatch reveals a state of things which is in the last degree unsatisfac- tory. The long-delayed orisis seems to have come at last. The republic, the monarchy, the empire—which is to carry the day? That is the question which the French Assembly and the French people and the French army must now answer. The Orleanisis seem to have decided. The republicans must now do their best, It remains to be seen how much of the spirit of intperialism now remains in France. ‘The army of France,” said poor Rossel, ‘thas always been pretorian.” With the army of France the final decision rests. The Prince of Wales. By a series of cable telegrama, dated in London andat Sandringham, we are enabled to present to our readers a report of the condi- tion of the Prince of Wales, which is almost continuous from the hour of five o'clock in the morning yesterday to an early moment this morning. The detail is partly professional, as stated in the bulletins of the attending physi- cians, and, in the remainder, secular and popular, as expressing the announcements which were made by the citizens of the Eag- lish metropolis. Itis hopeful on the whole. The danger to the life of the patient was con- siderably less, Ho was debilitated in strength, but his enemy, the fever, was weaker also. The Prince enjoyed sleep at intervals during the night. The members of bis household were more confident of the advent of a favorable convalescence. The Queen, bis mother, appears to have shared in the pleasing anticipation, for we are told that Her Majesty will take her departare from Sandringham and return to Windsor to-day. His brothers and sister, Beatrice, are preparing to follow. The summons which invited his sister, the Crown Princess of Germany, to the sick room was countermanded. The English people were joyous at the prospect of the Prince's restoration to health. When the medical bulle- tins announcing the good news were posted in London each publication was hailed with loud cheers by the crowd. The Prince may suffer from relapse into the fever, but it looks just now as if his bodily system had ob- tained a present mastery of the malady. A London telegram states that certain members of one body of English Churcbmen refused to offer prayers for the recovery of His Royal Highness, NEW YORK HERALD, SATURDAY, DECEMB on the technical ground that they had not re- ceived an order from their Bishop directing them to do so—a fact which, while it assures the world of their submission to hierarchical discipline and-canon law, speaks ill for their personal charity and their pastoral interpreta- tion of the words of the Sermon on the Mount, Congress Yesterday—A Day of Peace aud Good Works. We are not called upon this morning to record or comment upon any notable demon- stration in the national Capitol yesterday. The Senate Chamber, which for the preceding two days had been the scene of an internecine war that menaced the very existence of the republican party, and was fraught with direst dangers to the administration, was silent and deserted, because the august body which meets there, wearied with the conflict, bad agreed to a truce and adjourned until Monday. The House, which is of a more bustling, practical and industrious character, was in session ; but, instead of indulging in personal or partisan hostility, it went quietly and systematically to work disposing of private bills, passing small appropriation bills, and making provision for rebuilding the govern- ment edifices at Chicago, that were swept away in the great conflagration. The bill for that purpose, which appropriates four millions of dollars for the pur- chase of a site and the completion of a fireproof building for the use of the Post Office, federal courts, Custom House, Sub-Treasury and Pension and Internal Reve- nue offices, provoked a discussion, in which some little’ partisan feeling entered, but which developed a very unanimous and creditable sentiment in favor of the utmost liberality on the part of the government towards the devas- tated city. Members of both political parties vied with each other in giving expression to that sentiment, and notwithstanding an effort by two democratic members—Randall, of Pennsylvania, and Holman, of Indiana—to dimin{sh the Cost of the proposed building and site, the bill, as reported from the Committee on Appropriations, was passed without a divi- | sion. Then the House with equal unanimity pasesed two other bills, appropriating about three banked Poa Thee for éxpense to be incurred in carrying out the recent treaty with Gregt Britain, and one supplying @ deliciency caused by’ % defalcation in the Post Office Department. Satisfied with the results of its day's work the House adjourned over till Monday. tenis Pintna AWAY oF THE Passtve-Possum Poticy.—The Missouri Repudlican has been significantly silent on the passive policy for several days past. Even ‘Blair's Rhetoric” is unheard in the Senate Obamber, and John Quincy Adams, as the ‘Complete Letter Writer,” furnishes no new material for the newspaper press. The democratic barometer indicates stormy weather at hand. Tue Possum Portoy, or the proposition to play possum in the coming Presidential elec- tion, is evidently ‘‘no go” with the maeses of the democracy. They will not have this thing. The party managers, therefore, would do well to oall a national convention for a bona fide agw departure. The Arrest’ of William Richard B. Oonaolly. At an carly hour this morning we received Mformation that William M. Tweed and Richard B. Connolly had been arrested on criminal charges, on a warrant issued by Recorder Hackett, in his capacity, we presume, as a committing magistrate. It is understood that the proceed- ings are based upon affidavits made by Keyser, who is reported to have been promised immunity in any prosecutions that may be instituted on condition that he would bring definite cbarges against the suspected city officials. Keyser, it is said, came from South Carolina—where he has been staying for the benefit of his health—a few days ago, and the intended action of the Bureau of Municipal Correction—for it is from that quarter the complaint is supposed to origi- nate—bas been kept a profound secret. The charge against Tweed is felony; that against Connblly, gross misdemeanor. The for- mer was arrested at the Metropoli- tan Hotel; the warrant was formally served on the latter at the Ludlow Street Jail, where he is atillin custody. This is the com- mencement of a criminal prosecution of the men who are alleged to bave been con- cerned in the gross frauds committed on the (ity Treasury, and is the only form in which they can be effectually reached. The initiative proceedings taken by Judge Bedford have thus led to good resulta. The arrest and commitment of the accused parties by a magistrate was needed to en- able the Grand Jury to indict, and, this formality having been complied with, it is to be hoped that the accused will now have a fair trial, and that justice will be permitted to take ita course. Let the cases be tried without prejudice and without favor, and the people will be satisfied. The New Apporti t of the National House of Representatives. The House of Representatives, as now con- stituted, when all the members due from the thirty-seven States are present, consists of 245 members—Territorial delegates not counted. This number, upon the national census of 1860, {s fixed upon the ratio of 127,000 population to each member. In the bill which has just passed the House, for a new apportionment, upon the census of 1870, tbe ratio of 187,800 population has been adopted, which gives usa House of 283 members, or an increase of forty. This apportionment was adopted to save the old Eastern States from actual loss; but the proportionate gains to the Western States are ali the same as if a larger ratio had been adopted, cutting down the Representatives from the old States. Under this new apportionment Vermont and New Hampshire each lose a member, while Massachusetts gains one, making a loss of one for the New England States. New York rains one member, New Jersey two and Pennsylva- nia two, while Illinois gains five, Missouri four, and so on. In the political divisions of the Union the New England States lose one member, the central Northern States gain five, the Southern border and slave States svuth of Missourl gain thirteen and the Westera States gain twenty-three. The gains to the late slave States are due to the new amend- ments to the constitution, under which all the black population are enumerated. Under the old constitution the enumeration of the people for representation in Congress was made “‘by adding to the whole number of free persons, including those bound to service for a term of years, and excluding Indians not taxed, three-fifths of all other persons,” or, in plain English, only three-fifths of the negro slaves of the country were allowed to be counted for representation under the old constitution, Those dear ‘‘old fathers” of our country were ashamed of the institution of African slavery, and by ‘‘whipping the devil around the stump,” while supporting negro bondage, they avoided in the constitution all such obnoxious words in a republican system as slave, slavery and slaveholder. The first appear- ance of the word slavery in our constitution wasin the thirteenth ameadmeat, abolishing the nuisance. In short, the ‘‘old fathera” did not wish to parade their dirty linen before the world; but it had to come at last, and wa have had to wash it in @ deluge of blood. The Western States gain their twenty- three members from the wonderful increase in their population, largely due to their enor- mous accessions in immigrants from the East- ern States and from Europe. The balance of power in Congress, under this new apportion- ment, {s transferred from the East to the West; but in the fixed representation of the Senate the old States of the Atlantic slope and Gulf coast have still a check upon the great West. We suppose, too, that in order to retain this check as long as possible, this new apportion- ment bill provides that no new State shall be admitted shor: of the full ratio of 187,800 of ulation. Under this new rule, if concurred by the Senate, the Territories of Colorado, L Fg - fete bie New Mexico, Utah, Montana, Wyoming, &g., will have to wait some years longer before their beards are grown. Under this new apportionment, of the thirty- seven States which now are represented in the Electoral Colleges the electoral vote for the Presidency will be 867, of which the majority will be 179. But, according to usage, we suppose the existing Congressional apportion- ment will be applied to the Presidential election of 1872—that is to say, the whole electoral vote will be 317, of which the ma- jority required to elect a President is 159. Upon the whole, we think there can be no serious objection to a continuing enlargement of the House of Representatives with the growth of our population, until we have a House like the British House: of Com- mons, of over six hundred members, ‘‘In a multitude of councillors there is wisdom,” and the more numerous we make the representa- tion in the House of Representatives the greater will be the necessity to every Congres- sional district of sending one of its best men, #0 that its membere may not be utterly lost in the orowd. Above all, the larger you make the popular branch of the national legislature 4B 16, 187.—THIPLE SHER, M. Tweed and/ the nearer you come to the voice of the people. Americas Ladies in Egypt. Of late years Americans have gained an enviable notoriety for extensive travel. It is a pleasure to chronicle that, wherever they go, no matter in what clime they find them- selves, they are received with marked courtesy, and as the representatives of a great, power- ful and free nation. A correspondent of the Heratp, writing from Ezypt, says that the latest novelty in the land of the Pharaohs is the presence of fourteen young American ladies, who are makiag a tour of the world for instruction and pleasure. They are accom- panied by competent guardians. Already have they visited England, Ireland, Scotland, France, Germany and Italy, and now they appear in Egypt, en route still further East. The Emperor of Brazil, who is also in the Orient at present, received them graciously, and, by a strange coin- cidence, met those adventuresome daugh- ters of Columbia beneath the shadow of the Pyramids. The visits of Americans to Egypt recently bave been somewhat re- markable, and may have had much to do with impressing the go-ahead Viceroy of that country with the greatness of the United States, and possibly suggesting to his mind some of the reforms introduced into his coun- try. While Mr. Seward’s visit to Egypt and the magnificent reception accorded to him was still fresh in the minds of the Egyptians, there appeared the sensation of fourteen young ladies from the United States, travelling for pleasure and enlightenment. Year by year the number of visitors from this country to Europe increases. From trips across the ocean to Great Britain and Ireland at first, these annual excursions spread to the Conti-° nent of Europe, until now they extend to the far East, and to countries heretofore known only to the missionary or the scientific ex- plorer. The experfence gained by travel in other lands cannot fail to exercise a whole- some Influence, and America’s fair daughters now travelling abroad will return home im- proved in mind and body by the healthful effects of their enterprise. The Grand Jury and the City Felonies Is tere a “Nigger in the Fence ? The Grand Jury of the General Sessions appeared in Court yesterday and presented, through their foreman, a long written state- ment, reviewing the work that has been before them since they were empanelled on the first Monday of November last, and giving their reasons for asking a further extension of time to enable them to complete the investigations in which they are engaged. They state in substance that they did not commence their labors until the 13th November, in consequence of the election; that fonr days thereafter they were called into Court and specially charged to examine into the telonies alleged to have been committed by officers of the city government, and that “in deference to that charge’—they had better have said in deference to their plain duty as grand jurors—they had immediately commenced such investigations, ‘‘and have pursued them with zsal and diligence from that day to this.” They have now a very con- siderable number of casea—of course relating to these city felonies—in the hands of the Dis- (rict Attorney and Mr. O’Conor, whose assist- ance in preparing bills of indictment they have solicited, and they are awaiting the return of the proper papers for their final action; but they have not time before next Monday, to which day the term of the Court has been ex- tended, to finish those cases and others which are ready to be submitted. A new dif, ficulty, however, now confronts them, Another Grand Jury has been empanclled in the Court of Oyer and Terminer, now in session, and the statute provides (section 27, chapter 539, Laws of 1870) that Grand Juries in the Oyer and Terminer and General Ses- sions may be empanelled and meet at the same time, “‘but in such case the Grand Jury in the Court of Sessions shall only act upon such matters as shall have been heard before a committing magisirate and shall have been submitted by the District Atiorney.” This contingency now exists; the two Grand Juries are in session, and while the District Attorney expresses his readiness to do his part towards securing the indictment of the-city criminals, it unfortunately happens that ‘“‘the fraud cases on which the Jury aro engaged have not been heard before a committing magistrate.” The Grand Jury of the General Sessions, however, determined not to ‘‘shrink from the responsibilities of action,” ask that their term be further extended for a period sufficient to clear off all the ordinary prison cases, when the Grand Jury of the Oyer and Terminer will be discharged, and they can then proceed with the fraud cases without the restriction imposed upon them by the statute to which we have referred. There is no doubt that the time they ask will be instantly given them by Judge Bed- ford, who bas shown a determination to do his duty calmly and fearlessly in the matter, and to afford the Grand Jury all the facili- ties they can desire. The Judge will assurediy grant their present request for an extension, as he granted their first request, and hence they will not meet with any embarrassment from the Court, B delays ok dang ous, partioularly when men who ate threaien yee not have ample means and opportunity to give jus- tice the slip. According to the account of their work given by the Grand Jury they have already been dili- gently pursuing the investigation into the olty Telonles from Novetiber 47 to December 15, a period, deducting four Sundayd, of twenty-four days, We give them the credit of desiring to do their duty, and are willing to believe that District Attorney Garvin is sin- cere in his professions of readiness to submit the cases to the Grand Jury; but we have been unable to understand why all these delnys and difficulties, muddles and miscarriages should exist in relation to the wholesale forgeries and robberies committed against the people in their corporate capacity, when they are never found to impede the course of justice in the case of ordi- nary felons, It is, therefore, fortu- nate that the arrests of Tweed and Connolly, made last night, will bring the matter to an issue and enable the Grand Jury to bring In their bills at once, without waiting for the discharge of the Grand Jury of tho Oyor Gad Torminer. The committal of the acoused satisfes the otatute, and Judge Bedford's Grand Jury will therefore be able te discharge the duty they are so anxious to per- form at an earlier day than they have ex- pected. The time to frame and Present the bills will no doubt be afforded them by the City Judge, $$ The Shuking Among the Banks, It is a fact well worth notice, th ehaky condition of several of eee oe makes no perceptible impression upon the general current of business, the stock market or financial matters generally—no, not even in connectiou with the very questionable conduct of the government national bank examiner, Some few years ago the suspension or insol- veney of one or two banks would have pro- duced a little financial earthquake; but now three, four or more may fail, aud scarcely any- body except a few depositors and bank officials is affected. The mass of business men aod the community know little about such collapses beyond the little excitement given by the publicity of them through the ever vigilant press. Tho flurry about the Ocean Bank, the Bank of the Commonwealth, the Eighth National Bank and the Union Square National Bank is but a ripple on the great ocean of banking and financial affaira in this commercial metropolis. The mass of the people who hold the notes of these inatitutious are secure, because the United States govern- meat is bound to redeem the notes and has iu its possession bonds for their redemption. Whatever may be said of the national bank system—and we are well aware of the evils connected with it—all must acknowledge this safe and beneficial feature in its operation. The note holders cannot lose unless there should be a great and general crisis and the government be unable to perform its obliga- tions. This is not likely to occur. True, in case of such a crisis, and the bonds held by the government as security for the circulation of the banks should fall below the value of the notes to be redeemed, the loss would have to be made up by the Treasury and the taxpayers » would have to bear the burden, But that state of things can hardly be anticipated. To make the community perfectly secure, however, and in view of the great privileges givento the bauks by the government, has not the time come when these institutions should be required to redeem their own notes in specie? Should they not bs forced to resume specie payments? With the low and constantly declining premium in gold that time has probably arrived. This is a matter that should receive the early consideration of Congress. As to depositors and others doing business with the banks, they must look out for their own interests, They should see that the banks with which they do business are ia a sound condition. It will be the duty of the government still to watch these institutions, and to keep a sharp eye on its examining offi- cials in order to be sure the banks keep up their reserve of legal tenders or speole and do not exceed the operations allowed by law. Should Congress provide for the retura to specie payments it may be necessary to amend the National Bank act so as to have a firmer grip on the banks. They have been invested with a national character by the government, and the people look to it for ample security. The difficuities that are occurrit ith these institutions may lead to a thorough overhaul. ing of them and to an amended or ‘better system. ‘the City of Paris—A Gloomy Prospect for the Winter. An unusually hard season, with business dull and the working people generally out of employment, will render Paris anything but a pleasant place of residence this winter. As if to make matters worse, the unquiet pervad- ing all classes, owing to the unsettled state of political affairs, adds to the universal discon- tent. The prospect for the winter is gloomy. in the extreme. Ueretofore at this season of the year the city was the seat of business, gayety and excitement. Now trade lacks . activity, sprightliness is dead, and ox- citement, save that which portends dan- ger to the well bsing of the republic, is nowhere experienced. The travellers who usually flock to the once gay capital of France are missed from the Boulevards. Business is languishing, trade is almost at a standstill, the machinery of the workshops is idle, the workmen are discontented and demoralization prevails to a serious extent. The fact is unde- niable that confidence in the present govern- ment is wanting; and this tends in a great measure to influence the sad state of affairs in Paris to-day. Rumors of Bonapartist con- spiracies and of Bourbon intrigues conduce also to increase the discontent of the people. M. Theirs’ temporizing policy and, his evident leaning to the Bour- bons, create a feeling among the Bona- partists and the republicans not at all reassuring of a long continuance of the present state of affairs. What that change will be it is impossible now to say; but of this we feel assured—that the present aspect of matters, politically and otherwise, must give way, or else discontent in a more revolu- tionary form will make itself evident. It is estimated that there are about fifty thousand unoccupied apartments at the present time in Paris, and the cost of living has increased fully fifty per gent Yithian the last sl montha. Nuimbers of skilled mechanics are leaving or have already left the capital oa account of the doarness of everything. All these ciroum- stances help to stimulate uneasiness, increase discontent and create an unsettled aud dis satisfied yearning everywhere ‘and among all giaages. _ The imperialists refer to the empire, and argue that its restoration would correct all these evils; while the monarchiste, quite as eloquent, contend that the re-estab- lishment of the monarchy would prove a panacea for all the inflictions now endured by the people, It is plain, however, that a con- tinuance of the existing rule will pave the way for the change which appears to be inevi- table. The Parisians cannot quietly submit to the dulness which now reigns in the capital. There is a crisis approaching which will, oo doubt, be hastened by the present gloomy and dissatisfied condition of the city of Paris. Tue Mosite Register thinks that if the democratio party is disbanded “the hopes of liberty will bo taken away from thousands of democrats,” But if it falt to pieces through its own innate rottenness aad corruption, what thong 4