The New York Herald Newspaper, December 6, 1872, Page 7

FRANCE. The National Assembly in Dis- charge of an Important Par- liamentary Duty. Six Hundred and Ninety-four Members Present in the Chamber, The Committee of Thirty for Constitutional Definition Constituted. Count of the Division aud Disaster to the Thiers Executive. Political Party Strength and Citizen Agitation. Canvass of the Consequences: of the Crisis. Bonapartist Hopes in England and Germany. TELEGRAMS TO THE NEW YORK HERALD, Versaw.uxs, Dec. 5, 1872, The members of the National Logislative Assembly of France reassembled in session . atan carly hour in the afternoon to-day. The Chamber was filled with representatives almost immediately after the opening. A number of citizens were present in the galle- ties and crowds of people assembled around the doors and in the streets. THE REPRESENTATIVE ATTENDANCE NUMEROUS. Six hundred and ninety-four members voted onthe division, and at times during the pro- cedings previous to the final count there ‘were move than that number in attendance in the hall. THE ORDER OF THE DAY. Having come to order the Assembly was called on to elect the members of the Com- mitteo of Thirty proposed by Minister Du- faure, which is to be charged with the duty of preparing and drafting o law regulating the power of the French Executive and prescrib- ing the conditions of ministerial responsi- bility for the government. THE VOCE—OCONSTITUTION OF THE COMMITTEE, ‘The Assembly proceeded to constitute the committee. The committee, as formed, con- sists of nineteen Deputies from the Right, ‘epraseuting 361 yotes, and eleven Deputies from the Left, representing 333 votes, SERENGTH OF The Assembly voted strictly—for the occa- sion—undor the distinet party denominations of Right and Left. he great Parliamentary agious embraced each in its ranks the force of several subsidiary caucus cohorts. Among these were the members of the Extreme Right, which inciudes about sixty members, under tha Presidency of M. le Marquis de Franclieu; the Moderate Right, under the Presidency of M. do Larcy, ~counted about one hundred and twenty members, and the Right Centre, pre- sided over by M, Saint-Mare Girardin, with MM. Batbie, de Broglie and d’Audiffret Pas- quier as Vice Presidents, about one hundred members. On the other side of the Chamber were the Left Centre, which at first in- cluded 140 members, but which has been sinca strengthened by a number of new “adhesions,” under the presidency of General Chanzy ; the Moderate Left, presided over by M. Albert Grévy, 140 members; the Extreme Left, composed of the radicals and tha members of the republican union, to-the number of about fifty, presided over by M. le Colonel Denfert, The total strength of the Left and Right mustered during the day at times 704 members. PRESIDENT THIENS IN A DIFFICULT POSITION, Lhe question of the corfrse which the Thiers government or M, Thiers himsclf personally, may adopt under the circumstances presents a causo of anxiety to the public; but nothing is known on the subject at the moment when this despatch was transmitted to New York, THE POLITICAL PARTIES, Paris Deeply Excited and Municipal Tamult Anticipated. Loxpoy, Dee. 5, 1872. Tho vote which was recorded in the French Assembly to-day on the formation of M. Du- faure's committee excited the liveliest appre- hension in Paris, where, it is said, that street fighting is anticipated as a first result, HISELHURST'S CHAMPION IN COMMUNION WIT BERLIN. Groat excitement prevails at Chiselhurst, Correspondence has, it is alleged, recently passed between Bismarck and Napoleon. MAOMAHON’S COMMAND AND POSITION TOWARDS THE REPUBLIC. Marshal MacMahon controls the French army, but he will act only in obedience to the National Assembly and not te President Thiers. PRUSSIAN POLICY TO HAVE OR TO HOLD. It is said that a Prussian reoccupation of the French hostaged territory is certain should fighting occur in Paris, and it is again, on the other hand, asserted that German reoceupation qwill result in the re-establishment of the Empire. rs te gai GENERAL LESLIE COOMBS! FIGHT, CINCINNATI, Ohio, Dec. 6, 1972. It (a reported that on Tuesday night, at Williams- town, Grant county, Ky., General Leslie Coombs shot through the head and killed a desperado pained George Merrell, but not be.yre he kad gota euiol, al 10 hip gfra tuigl, ENGLAND. eee SED is The Gas Stokers’ Strike Defeated by Citizen Energy and Substitute Ulamination. Bullion in Flow to the Bank—Tho American Flag Honored in Its Itineracy—Emigration to the Southwest of the American Union. TELEGRAM TO THE NEW YORK MERALO, Lonpon, Dec. 5, 1572. ‘The strike of the stokers lately employed by the London gas companies continues, but the worst is over, The tnhabitants of the city have supplied them- selves with oil lamps and candies, and are now able to mect the inconvenience occasioned by the limited supply of gas. Several of the city theatres were lighted with oil last night, and the perform- ances were conducted as usual. The Strand was lighted with burning lime during the night. BULLION IN FLOW 10 THe BANK. ‘The bullion in the Bauk of England has tnereased £115,000 for the week ending yesterday, EMIGRATION TO THE AMERICAN UNION SOUTHWEST, The steamship Manhattan, which satied trom Liverpool yesterday for New York, took eighty- three servants, for whom positions have been aa- cured in the Southwestern States. The people go out under the auspices of the [uteruational Emi- gration Society. HONOR TO THE UNION ENSIGN IN IT ITINERACY. A letter from Sergeaut Bates, thanking the people of England for the respect shown the American flag, and for the generous and unre- served greeting he received during his march through the country, is published in the London papers, ITALY. The Public Schools Question and Ameri- can and English Pupils. ——+ Naples Swept by Storm—Tho Po River Again in Overflow. TELEGRAM TO THE NEW YORK HERALD. Rome, Dee, 5, 1872. In the Chamber of Deputies to-day the govern- ment was asked to explain why tour schools for English and American children in Rome have been recently closed by the authorities, Minister Lanza replied that the schools were opened without the authorization of the munici- pality and the sanitary regulations had not been complied with in Italy, SWEEP OF A STORM AND FRESH DISASTERS BY RIVER INUNDATION. A violent storm swept over Naples last night, doing much damage to shipping in the harbor. The waters of the River Po have again over- flowed the ‘embankments and inundated the ad- jacent country, At last advices the food was spreading, " LIVINGSTONE. Sir Bartle Frere in Rome on His March to Af- rica—Royal Souvenir and Message to the Great Explorer. TELEGRAM TO THE NEW YORK HERALD. Rome, Dec. 5, 1872, Sir Bartle Frere has arrived in this city on his way to Aden to join the British expedition for the suppression of the slave trade on the African coast. He was received to-day by the King of Italy, who gave ‘him @ géld medal, bearing the royal effigy, and asked him “to present it to Dr, Living- stone as a pledge of his esteem."’ " ‘WALES. a os Gas Works Explosion ani the Consequences Grievous. TELEGRAM TO THE NEW YORK HERALD, Lonpoy, Dee. 5, 1872. The gas works in the town of Newport, Mon- mouthshire, exploded last night with terrible effect. Several persons were instantly killed and a large number injured, some of them fatally, GERMANY. Prassian Aristocrats Appearing in their Legis- lative Place. TELEGRAM TO THE NEW YORK HERALB. BERLIN, Dec. 5, 1872. Almost all of the gentlemen who have been cle- vated to the rank of peer by the recent decree of the Emperor of Germany appeared in the Prussian Diet Chamber to-day and took their seats in the Upper House of the body. DENMARK. —“__6— A Popular Poet Prostrated by Illness, TELEGRAM TO THE NEW, YORK HERALD. Lonpon, Dec. 5, 1 Haus Christian Andersen, the well known Danish /poet and novelist, is seriously ill. He is now in the sixty-seventh year of his age. THE STEAMSHIP DALMATIAN, Gloomy Contradiction of a Joy-Giving Report. TELEGRAM TO THE NEW YORK HERALO, Lonpon, Dec. 5, 1872. The announcement of the arrival of the Mediter- ranean steamer Dalmatian at Liverpool yesterday unfortunately proves untrue. Nothing has been heard of the steamer since the first report of her loss, UTAH TRIBULATIONS, A Si jous Welshman Kills His Wife and then Commits Suicide—President Grant’s Mormon Pill Difficult to Swale low. Satt Lage Crry, Dee. 5, 1872, There was a terrible tragedy here to-day. A man named Grifiths, a Welshman and an old resi- dent of the Territory, went to the dwelling of his wife, who had separated from him because of brutal treatment, and commenced an assault onher. A negro near vy interfered, whereupon Grimths drew a revolver and, missing the negro at the first fire, pursued bis wife to the street and shot her twice, inflicting mortal wounds, He then shot himself through the head and died ina few min- utes. The cause of the tragical affair, 60 far as known, was jealousy. Norman McLeod lectures on the subject of the President's M ge in relation to Utah affairs next Sunday evening. This portion of Grant's policy has been the source of much tribulation to the Mormon authorities, PERILS OF THE LAKB3, Reported Loss of Four Vessels and All on Board on Lake Superior. Derroit, Mich., Deo. 5, 1872, The barges Jupiter and Saturn and the schooners W. OU. Brown and ©, (. Griswold were lost on Lake | Supertor, with probably ail on board, ‘The schooner Middlesex was lost, but the crew were saved. The Sault River is closed and many propeliers and vessels are frozen in “The weather here to-day is very mild, A number of steamers which had ielt for Bumulo aro reported ad making good progress through the ice in Lake Brie, Tye BUG AUREEA MELE Aud ALRU GIA Laat DUI COMMERCIAL PROGRESS. Tho Trade and Commerce of Cincinnatl for the Past Year Ail the Important Branches, Crncannatt, Ohio, Dec. 6, 1872. The “Report of Trade and Commerce of Cincina- nati for the Past Commercial Year,” by Sydney D. Maxwell, Superintendent of the Merchants’ Ex- change, Waa issued this evening. The reportshows the aggregate value of imports for the year ta be $17,000,000, an increase over the preceding year of $34,000,000, and the total value of exports $200,000,000, being an in- crease Of $21,000,000, The greatest increase has been in iron, the increase in imports of pig tron Over the preceding year being ninety-eight per cen’ in tons, and the inerease in exports of pig iron eighty-five per cent in tons, The increase in tm- ports of pig iron during the tast decade has been 3.76 per cont, and in exports for the same period 7.94 per cent. The increase during the last decade in tm merchants’ iron and steel, 1,083 per cent; increase of DaCr 5.42 per cent; sales for the year here of ig iron made elsewhere, 149,000 tons—worth 6,500,000, The report says that it is now reason- ably claimed that Qincianati, from the nature of her position, ts now enabled to present the largest assortment of hot and cold blast and car-wheel tron of any city in’this country. The vatue of the shipment of hog products, not tucluding live hogs, i8 $16,750,000; of whiskey, $18,750,000; of tobacco, $11,250,000; of cotton, $12/240,000; of general merchandise, $72,000,000; of furniture, $6,250,000, Total production of distilled spirits, 6,330,000 gal- lona; of rectified spirits, 300,000 barrels; wholesale liquor sales, $16,500,000; amount of governmeut tax piid on the whole liquor business, $4,200,000, Tota! receipts of tobacco at warehouse, 24,000 hogsheads and 4,809 boxes. Total production of starch, 18,000,000 pounds, Sales of leather for the year $5,300,600, our manufacturers producing of this amount $2,500,000, With the exception of two years during the war the receipts of general mer- chandise have been the largest in the history of the city. ‘Tie value of the receipts of cattle for the year Was $9,353,333 3334, an increase of $1,500,000, Ship- ments of soap, 150,000 boxes, the largest in the history of trade nere. ‘The jobbers’ and manufacturers’ sales of boots and shoes foot up $8, ‘The total production of beer amounted to 26,000 barrels for cousumption rts of here and 174,000 barrels for shipment. ‘The total value of beer produced in Cincinnati, Covington The report states that the trade of the city has been more satisfactory in all its departments than tions there have been evidences of increased activity and hopetulness. LOUISIANA, a gs claring the Late Elections Legal and of Fall Effect and Supporting tne New OrvEans, Dee, 5, 1872. The following was promulgated this mornin; New ORLEANS, Dec. 4, 1872, | Whereas P. S. Wiltz, Gabriel Deterel, ‘'homas Isa- cers appointed by the Governor to fill vacancies oxen im accordance with the constitution and tion of the result of an election held November 4, 1872, and have declared certain persons sentatives of the State of Louisiana, as will appear from returns herewith atiached, Whereas such returns are compiled from the oM- cial returns of the Commissioners of Elections and and are infact and in form accurate and correct and in accordance with law. the State of Louisiana, do issue this my proclama- tion, making known the result of said election within the State of Louisiana to take notice and respect the apnac. H.C, WARMOTH. “day next, To the Governor's proclamation are appended full sentative and Senator inevery parish in the State, certified by the Returning Board and Secretary of thirty thousand persons were denie® registration, the following comparison is made between the and Newport for the year was $750,000, at any previous time since the war. In all dtrec- Governor Warmoth’s Proclamation De- Election Board. Srave OF LOUISIANA, EXEOUTIVE DEPARTMENT, bell, J, A. Tarleton and J, E. Austin, returning offl- law of the State of Louisiana, have made declara- elected to the Senate and House of Repre- and made a part of this proclamation; and Supervisors of Registration, on file in thia office, Now, thereiore, f, H, Clay Warmoth, Governor of aforesaid, aud command all oificers aud persons The Legislature meets a extra session. on Tues- election returns, showing the vole for each Repre- State. It having been asserted that from fifteen to vote of this year and that oj the year 1870:— 1870, LAT2, Increase, Republican vote 65,532 Gu Democratic vote ay 68 ‘ Total... ie . 106,582 125,408 21,800 Compartive vote” of the contested parishes :— TAUNO. 8. vee 2092 8,303 861 Natchitoches. 2.008 1 sOO pis Rapides.......... BOTS S19 56 The new parishes of Red River and Vernon were in part, since 1870, taken from Natchitoche: which witli account for the decrease in that paris! It ts asserted in Mr. Ketlogg’s bill that 1,000 voters were refused registration in Rapides parish, and 500 in Caddo. As will be seen by the above table, these parishes give an increased yote since 1870, SOUTH CAROLINA SENATORSHIP. A Warm Canvass Expected Over the United States Senatorship—Five Active Candidate: Now in the Ficild=The Chances Apparently in Favor of a Colored Contestant. CotumBta, 8, C., Dec, 5, 18’ The Senatorial fight waxes warmer every hour. To-night no less than three large caucuses are in fuil blast, attended by the members of the General Assembly, political friends of the several parties and much of the rabble of the city. Every day there Is anew candidate. Those now in the fleld are Jonn J. Patterson, of Pennsylvania; ex-Governor R. K. Scott, Congressmen R. B. Elliott (colored) and J. H. Rainey and Associate Justice J. J. Wright, ofthe Supreme Court of the State, both colored. Of these Patterson, Scott and Elliott are the most prominent. The indications are that the fight may be narrowed down between Scott and Efliott, wit! the chances in favor of the latter on account of his color, and the aspersions that legislators lose no chauce of hg tp in the se8sions of the General Assembly upon Scott on account of his four years’ administration as Governor, mences on Tuesday. next. The Legislature has got well to work, and it may be sald to be crazy on the subject of reform and retrenchment. The new administration oftlcers have all qaalided aud taken their seats, The voting com- Iowa Gives a Full Vote to the Kepub- licans Des MOINES, Dec. 5, 1872. The Presidential Electors of this State met yesterday and cast their votes for Grant and Wil- son. Iilinols Solid for Grant and Wilson, SPRINGFIELD, Dec. 5, 1872, The Presidential Electors of Illinois met here yesterday and cast their votes for Grant and Wil- son, The Vote Divided in Missoari. St, Lours, Dec. 5, 1872. The despatch from Jeferson City last night stating that tie Presidential Electors adjourned without voting was a mistake. A ballot was taken at alate hour with the following result :— For President—B. Gratz Brown, 8; Thomas A, Hendricks, 6; David Davis, 1. For Vice Presi- dent—B. Gratz Brown, 6; George W. Julian, 5; John M. Palmer, 3; William S, Groesbeck, 1, Kansas Also Republican by a Full Vote. ToreKa, Dec. 5, 1872. The Kansag Presidential Electors yesterday cast the vote of the State for Grant and Wilson. The Liberal Electors Claim To Be Elected in Arkansas and Vote Accord- ingly. icin LittLe Rock, Ark., Dec. 5, 1872. The Greeley electors of this State assembled last | night and, claiming to be elected, cast the vote of the State for B. Gratz Brown, for President, and N. P. Banks for Vice President, They did this after being officially informed by the Governor that, on @ canvass of votes, the Grant electors were elected. | ‘They charge that the latter result was reached by fraud, They passed appropriate resolutions on the death of Mr. Greeley. Both parties in this State claim the election of their ticket and will endeavor to instal themselves In oitice, Massacres in Oregon—A Herote Woman, SAN FRANCISCO, Dec, 5, 1872. The Modoc Eleven men have been killed by the Modoc In- dians thus far, Their names are William Brather- ton, N. K. Bratherton, Rufus Bratherton, William Baddy, William Baddy, Jr., Richard Baddy, E. Krasmus, Robert Alexander, John Soper Collins and Henry Miler, This list does not include those killed in battie, Mrs. Bratherton defended her house for three hours, ‘The Indians fed and she was rescued the next day by the soldiers. The troops are on Weir way to exterminaie the say qed, ANOTHER RAILROAD CATASTROPHE A Terrible Accident on the Penn- sylvania Railroad. + Seven Persons Killed and a Num- ber Wounded. Mrrrcin, Pa., Dec. 6-1 A. M. This qniet township hag been greatly excited this evening. Intelligence has just reached us of @ terrible accident.on the Pennsylvania Railroad, about a mile to the west of this place. The railroad oMecials are so agitated that it is simply impossible to-gather any correct or reliable information as to the exact spot and the cause of the accident, but, so far, it has been ascertained that seven persons have beea Killed. and five wounded, ANOTHER AGOOUNT, MIFFLIN, Pa., Dec. 5, 1872. A terrible accident occurred on the Pennsylvania Central Railroad this evening, The second sec- tion of the Cincinnati: Express bound Fast ran into the rear of the first section and tele- scoped two Pullmarf cars, Five bodies have been removed from the débris, the names of which are as follows :— Matthew Knowles and J, W. Bacon, Chicago. W. W. Dantz, wife and child, of Green Lake, Wis. Five persons ‘were injured, none seriously. Every person on the second train escaped uninjured, PERSONAL INTELLIGENCE. Senator William Windom, of Minnesota, is at the Fifth Avenue Hotél, The Empress of Austria spends annually 50,000 Goring for her wardrobe, New York city is to have the big Jubilee drum as a sign fer a music store. State Senator H, R. Pierson, of Albany, is stop- ping at the Fifth Avenue Hotel, Edmund Yates leaves the Brevoort House to-day for the Weat to begin his lecturing tour, Six thousand novels have been published in France this year, up to the Ist of August. Count Andrassy, the Austrian Chancellor, i3 30 near-sighted that he can scarcely read at all. Mr. George Catlin, the artist and delineater of Indian character, is lying dangeroualy ill in Jersey City. Hon, Lewis D, Campbell is seriously ill at his residence in Hamilton, Ohio, with very slight hopes of his recovery. The saloon carriage of Prince Bismarck is to be forwarded free of charge on all German railways, whether State or private. Henry L. Pierce declining the republican nomi- nation for Mayor of Boston, the present incumbent, Mr. Gaston, has a clear fleld. The Boston Advertiser endorses Charies Francis Adams for Secretary of State in place of Mr. Fish. Is Boutwell, then, going out, too? After a visit of six weeks in England the Queen of the Netherlands has returned home, and the Dutch have once more taken Hollana. Bayard Taylor has settled with his family at Gotha to spend several years, He has had enough of rambling about, and means to rest. The health of the late postmaster at Dexter, Ind., is being much inquired after. He had voted for Greeley, and lost his position—salary $12 per annum. Mr. Alexander McDonald, President of the Miners’ Association of Scotland, has been presented with a cheok for £620 by the miners of Scotland, in re- cognition of his services. The St. Louis Globe fathers the assertion that. “the Pope says he will die next year.’ Now for the month, the day and the hour, and, if possible, further particulars in full! Brigadier General Cook, commanding the Depart- ment of the Lakes, will, it is said, shortly retire from service, He is sixty-two years old, and has been forty-five years in military harness, 'é Queen Victoria's son, the Duke of Edinbarg, has arrived at Gemunden, on a visit to the family of the unearptoyed King George of Hanover, who has two daughters supposed to be marriageable, W. H. Hooper, Congressional delegate, yesterday arrived at the St. Nicholas Hotel, on his way to the capital. He was accompanied by Bishop George Q. Cannon, a big gun of the Mormon Church. Ex-Governor J. Gregory Smith, of Vermont; Jay Cooke and Franklin B. Gowen, of Philadelphia, are at the Brevoort House, having come on to attend the meeting of the Directors of the Northern Pacific Railroad that was held yesterday. General Sheridan has returned to Chicago from his journey through the Indian Territory. General Phil loves the Indians so much that he is sorry there are not more of them, as then a fair fight might reasonably get rid of sundry pending difficulties. A magnificent pianoforte has been sent from London. to the youthful Empress of China. The manufacturers, doubtful of the musical abilities of the Celestial lady, have added, ‘a grinding appa- ratus,” The tunes chosen are—‘God Save the both of Queen,” the “Muiserere,” from ‘Trovatore,” the “Lancers’ Quadrille’? and the ‘‘Marsellaise.”” A Mohammedan female of Belgaum has addressed a letter to Khan Bahadoor, Nusserwanjee, Jamas- jee, priest of tho Parsees in the Deccan, in which she applies to be admitted Into.the Zoroastrian re- ligion, She states in the letter that for the last twelve years she puts onashirt and sacred threaa according to the customs observed by the Parsees, The holy man did not Parseeve the poiut. The Cincinnati Enquirer was shown on Monday last one of the last (if not the very last) letters written by Horace Greeley before his demise. It was a letter of thanks to General 5. F. Cary for his exertions in the late campaign. The following ts the text of the letter:— New York, Nov, 10, 1972. My Drar Smm—I wish I might say to you how gratefully and devotedly 1 am yours, HORACE GREELEY, General Samver F, Cary, Ciucinnatl, Olio, SUIGIDE OF A GENERAL General O. J. Maxwell Shoots and Kills Himself, Dayton, Ohio, Dec. 6, 1872, General 0. J. Maxwell, Vice President of the Association of the Army of the Cumberland, and recently Revenué Collector of this district, deliber ately shot and killed himself this evening. It is beileved that financial embarrassment was the im- mediate cause of the rash act. ‘The General leaves @ wife and three children. | He was highly esteemed in this community, ROBBERIES IN CHICAGO. Sixteen Thousand Dollars’ Worth of | Jewelry Stolen from a Hotel—A Drover Loses Une Thousand Eight Hundred Dollars on His Way to the Depot. Cuicaao, IL, Dec. 5, 1872, A heavy robbery was perpetrated about seven o'clock last night at Kuhn's Ruropean Hotel, on Dearborn street, A thief entered the room of N. Aronson, an importer of watches and a manulac- turer of jewelry, whose place of business is at No. 2 Bond strect, New York, broke open @ sample | trunk and carried off its entire contents, valued at from fifteen thousand to sixteen thousand dollars. | It appears that the thief, who is believed to bea professional from New York, was stopping at the same hotel, and committed the robbery while Mr. Aronson was at supper. He put his booty into a carpet bag and walked deliberately down stairs to the office, paid his bill and went away. The matter ig in the hands of detectives. A cattle drover named Lynch had his pocket picked of $1,800 last evening whiie going from the hetel to the depot in an omnibus. — DEDIOATION OF A PRESBYTERIAN CHURCH, Rye, N. Y., Dec, 5, 1872, The new Presbyterian church of Rye was dedt- cated with ail due solemnity this afternoon, It ts a splenaid stone edifice and elaborately appointed, ‘The building was crowded on this occasion. The opening sermon was preached by the Rev, Dr, Adams, of New York city, his text being from Paalms XxX., 8. Several appropriate addresses followed the sermon, ‘The church has Rr AS quad the growud wud ajoruing Hpagy § Ay esse | for an original policy issued at | the} WEW YORK HERALD, FRIDAY, DECEMBER 6, 1872—TRIPLE SHEET. ‘MM DEFESCE OF THE CUTOAL Lar.” ea PCED The Chrontele, of Uctober 24, tn comaron with ¢ Journals of avout that date, pudtiah- ed asan advertisement an elaborate analytical siate- ment of the business of the Mutual Life Insurance Company, of this city, from its organization in 1842 to October 1, 1872, compiled by its actuary, Profes- aor William H. C, Bartiett, certified vy tts trustees, fortified by the report of a special examining com- mittee appointed in Boston, May 19, 1870, anid issued over the signatures of the president, vice president, secretary and assistant secretary, ac- tuary and assistant actury, Counsel, medical ex- aminers and cashier of the company. In commenting editorially upon.that statement we used tne following language :— “By so much as men stimulated to save wife and children from beggary are better than men dia- heartened by the inevitable doom which await the families of the poor; by 30 much as children retained at home under the sweet influence of a mother's care are better than children made home- less and driven into the street to beg, or worse, for bread; by so much is the success of life insur- ance to be desired by all good men, “This beiag so, all good men must rejoice in the anecess of the Mutual Life Insurance Company, for no company in the word has contributed more to make tie insurance popular, safo and successful, “Any attempt to’ destroy confidence in this Company iv an assault upon the whole system ot life insurance. Its record stands in the solemn splen- aor of absolute truth—an inuseparahle part of the history Of itfe insurance. It is a part of the legacy of every company. It emphasizes every company's: plea for public confidence," What we then said we then believed, and do not now purpose, still believing it, to retract, Among the things to watch the Mutnal Life Ta- surance Company was solemnly committed by the Subscription to the statement above mentioned of so many distinguished names was the following, which we quote from that report:— “The company will continue to guide its business in the future by the same principles and rules which a long experience has shown to be most con- ductive to the satiety and best interests of its policy- holders, It willissue policies of all approved de- scriptions, and at its usual table rates.” Reference to the circular issued by the “Mutual” on the 30th ult., and published in another column, will show that the company has, within one month after the above profession, abandoned the position then taken, and now proposes to issue its policies at a reduction from “its usual table rates’? of abont twenty-two per cent upon life poll- cies and eleven per cent upon endowment as Surances, ‘I'he reasona for this extraordinary manuvre, so far as reasons have been given, are set forth in the letter of Professor Bartlett, which is Incorporated into the circular. They are briefly as follows:—That the “Mutual,” having “now been in operation well nigh the period allotted toa man generation," its experience not only justifies this reduction as a prudential measure, but im- poses it as a duty upon the company, This con- clusion, we are told by Professor Bartlett, has not been suddenly reached, but is the result of long and careful deliberation. If so, it seems not a lit- tle serene that the purpose of the company to continue business ‘at its usual rates,” and to guide that business by ‘the same pemciples and rules which a long experience has shown to be most con- ducive to the safety and best interests of its policy- holders,’ was announced only one short month ago, If the present action has been so long pondered, this gratuitous announcement should have been withheld, The “principles and rules,’ the jidance of which has been the proiession of the “Mutual Life’? for these many years, and in, proof of the soundness of which its ‘long expérience’ has been called as a witness in season and out of sea- son, are whaty It needs no voluminous citations from the publications of the company to show that it has been distinctively and ably the champion of the mutual system, and of rates confessedly more than suficient to meet and master all the probable contingeucies of the future. The one most con- spicuous ‘principle and rule"’ of its long and hon- orable existence has been the necessity, for abso- lute saiety's sake, of charging for its policies much more than enough to provide for the ordinary hazard against which its policies insure. Of this every page of its literature and every year oi ita history bear irrefutable witness. Its abandonment of these “principles and rules’? is either a confession of judgment that all its past hag been one long mistake or a wilful betrayal of trust. In either case it is a destruction of confl- dence in the company which, when such destruc- tion was attempted trom without, we called in lan- guage which we have no cause to retract “an as- sault upon the whole system of life insurance.” When that assault comes, as now itseems to us to come, from within the company—wittingly or unwittingly, it matters not—it is the duty of every journalist who loves life insurance and believes - it as the only salvation of hundreds of thousands of homes to come to the defence of the Mutual Life Insurance Company; for the “Mutual Life,” its splendid ‘record, its magnificent present, the glorious promise which it has here- tofore held ont, belongs to life insur- ance. It is the property of no man or set of men. It has passed out of the domain where title deeds aud copyrights and the proprietorships of selfishness or pride hold good. It belongs to humanity. Jt is a part of that broad realm of be- neficence where patents are not issued and estates are not parcelled ont. Its reputation, its success, the good it has done and the unmeasured good which it may yet do—these belong to us all. In & narrower sense, but in a sense which the law will recognize and by a title which courts of law will maintain, the Mutual Life Insurance Com- pany belongs to its 77,000 policy holders, their heirs and assigns, They own the company. When we say, therefore, “in detence of the ‘Mutual Life,’ '* we mean in defence of the 60,000 families who own it and are depending on it for their sustenance in the hour of need, We come to the ‘defence of the ‘Mutual Life,’ therefore, because we believe that the interests of its 77,000 policy holders are assailed by this action of its officers and trustees. The ‘Mutual Life,’ it is true, has been “in operation well nigh the period allotted to a human. generation,” but it has not the “experience” ofa human generation, By far the greater part of its policies have been issued within the past ten years, and, besides this, no company has what might be honestly termed “an expe- rience” for the — beyond sixty. Neither does the published statement of the company demon- strate its ability to reduce its rates as proposed. That statement demonstrates its ability to achieve an unparalleled success by adhering to the ‘“prin- ciples and rules’ which have heretofore guided it; and, in demonstrating this, demonstrates also the danger of abandoning those said “principles and rules. If the theory upon which the Mutual Life Insu- range Company has hitherto conducted its business is nos faise; if any man who trasts a life Insurance | 1 company for more than a@ limited term of years is | not a fool; if the whole doctrine of reserves and the rules under which the liabilities of life insur- ance companies have heretofore been computed are not a delusion and a snare, they who lay their hands upon the reserve—the iund sacredly appro- priated and preserved to meet claims sure to ma- ture in the fature—plunge the same hands felo- nionsly into the patrimony of the widows and | orphans of ten, twenty, thirty, fifty years to come. But this is what is proposed in this new scheme of the “Mutual.”’ The ciycular states:— “That existing policy holders may have the op- tion either to leave their policies undisturbed and pay their old rates, receiving, of course, their pro- portional dividends and reversionary credits, or to | take out new policies, with their existing credits added, and pay the new rates corresponding to their then present age, provided they subject | themselves to a new medical examination and-are | pronounced assurable, “fhe company will, by this most desirable plan, have within its control a large fand to which it may resort in tine of trouvle, should trouble come to it, while it will avold the objectionable measure of keeping on hand a large undivided surplus, in which those who die cannot fail to have an inter- est, whose precise value it would be dificult to ascertain.” Let us take @ case and try on this new-fashioned | jacket. A man who was insured in the “Mutual” | in 1864, at the age of twenty-five, for $1,0000n the | annual premium whole life plan, has paid a yearly } premium of $19 89. He is now thirty-three years of age, and his annual premium on a new policy | of the same kind would be $24 78. Now, the “Mu- | tual’ proposes to re-examine him, and, if he is | found still insurable, to issue a new policy at the age of thirty-three for twenty-two per cent less | i than $24 78, or for $19 33, the bribe extended to the insured to make the change being @ less cost of fty-six cents per annum, But against the original poltcy the company was obliged by the law of New York to keep a reserve— the legal measure of its present liability under | that policy—of $55 96. This eum, and more, viz. on a four per cent valuation, $68 24, the Mutual Life Insurance Company has again and again | solemnly affirmed it necessary to have in hand to the credit of such a policy as we have described, in order to enable it to pay tle same at its average | maturity. But the policy which at age 33 is to be substituted Lt is to be vained as a Gew policy, and the legal liavility (at 45 per cent American exchange) thereon 1s only $3 89. Ate four per cent vaiuation it would be $10 54, while lity of the company on account of the old | Policy was, by the same safe standard, $08 24. ‘So that by tals single transaction, in the case of the smalicst poll issued at the youngest age pro: | vided for in the “Mutual Life” tables, the company, | while its actual liability is in no wise changed, and | its resources from fatare premiums thereon re- ceivable are reduced by the present value of alife | annuity of $0 56, bas guine on its books a mathe- matical sarplus of $67 50. Multiply thi parent gain by the number of policy ho! ers in the com- any and we have @ total reduction of its legal Hablities of $4,458,190, which is far below what would be the true reduction of such legal labilities, because the average amount insured by each pol- fey is more than $3,100, instead of $1,000, and the average age of cntrants about 37, instead of 26. ‘dug policy-hglders Qf te “plutual,”” \uvited te 7 a et tive parler, shoald atop at tha Mreahotd and consider that, if they @i do so, & wil unlock and release fromr $5,000,000 te $19,900,900, heretofore exacted af them and held ont of their reach on the plea (and, we doubt not, the’ fair piea) of making them sate beyond per adventure, Professor Bartlett aoer not state tt uy exactly this way, but he comes astontshingly near to our formula. He says, “The company WH, by vabie plan, have within th control a, nis SUrpINa, BO Obtained, is ficttiious, or options upon which the “Musual’ haw ng Dusiness, aud the solema professions it h hs mu making, for the past thirty yeasts, aro 9e. But having conveyed these millions Crom Une “boty of holies" tin which they were supposed ta be kept to it? own possession “without Legal im- putation of larceny," what does the “Mutual! propose to do with them ? Professor Bartiett, anticipating this: question’ volunteers an answer. He says that the Comey “will Lave within ita control a large fund to which - itmay resort tn time of trouble, should trouble come to tt, while it will avold the objectionable measure o1 keeping on hand a large undivided sur- plus, in which those who die cannot futl to have an interest, Whose precise value it would be dificult to ascertain. That 13, the company will keep tt; will hold on ta this percentage of overcharge which it has con- fessediy taken from tts insured, and at the same time, mirabile dicta? wil “avoid keeping on hand alarge undivided surplus,” Yhis is how to doie ow not to do it at the same time; buf it wilh Py Bo. far to‘satisfy the conttibutors to “tuts large undivided surplus,” into possession of which tha company has so suddenly and adroitiy come. And what are the advantages of the new piaa te new. policy-holders ?. If getting their insurance cheaper is an advantage—and we dispute this, for the phrase “cheap insurance” is a contradiction in terms—they will not even get this. It is cer- tain that the mortality will Rot be decreased by this reduction in rates, and tt is not pretended thas the expenses will be diminished, The premiume will be teaa and the retarn_will be less. Heretofore the company cisims to have returned forty-five pec cent of its premium: Now the rare ere to be re- duced upon the average about eighteen per cent, and the dividends reduced accordingly. By so much as the po.tey-holder in joaning to the com- pany the thirty per cent of lofding, now strickes off, insures himseif—and be it remembered that im @ mutual company every member to a certain ex- tent must insure himself—by so much does he, un~ der the new rates, zo uninsured, ¢. ¢., there ia now no provision for those extraordinary contingen- cies, which bave excused a liberal loading of the premiums, unless the fictitious surplus acquired is unjustly used to protect the uew policy-hoiders a& the expense of the old. The fact in respect to the average life policy holder is, that if he pays $100 and receives back ® dividend ot $45 he is richer by $23 than if he had paid $78 without return, We have chosen to avoid considering the banefmt influence of this “new departure” ol the ‘Mutual’? upon life insurance generally, in choking honest competition and crowding younger companies te the wall, for two reasons—drst, that we wanted te present the case dispasstonately merits; and_ second, because made upon the matter of rates alone. walk fio this ath: Other, and many other and more potential, if not more im- portant, arguments go to make up a healthful and successful competition. Our conclusion {s that the Mutual Lito Insurance Company has done an unwise thing, and for these reasons :— 1. It has invited ali its Hires Baponie to a new medica! examination, which is to certify to cack. his existing physical condition, Such as are now Pacnounos uninsurable will, of course and ‘at Alt hazard, keep their policies in force, while those prononnced “as good as new’? will not make much. sacrifice to do a0, and thus will be reinforced that selection against the company of which Professor Bartlett said, in an able paper presented to the National Insurance Convention, that it ‘works damage to a company’s vital force.” 2. If proposes to admit new members upon w& better footing than the old. It 1s bad enough, per- fect mutuality being in view, to admit them on the same footing. The old members have paid the ex- pense of organizing, equipping and establishing the company, New members inevitably reap the advantage of this, To give them more is an unjnat concession. And s0 by these new rates of the “Mutual” is mutuality betrayed and cructfied, 3. By thia manceuvre that grand old institution, which has braved the storms and borne the brunt of the battles of the last thirty years, is rendered liable to two asperstons; either that this is a des- perate bid for new business (which it does not need), or that it is a cruel effort to crush ous weaker companies. Of all instttuttons on thie continent the Mutual Life Insurance Company, rich as it is, can least afford to provoke thug cazamny. 4. Tuis is fairly interpreted to be a confession that all its former assumptions and professions . were falae; to weaken, if not destroy, faith in life insurance, by educating the people to bgieve that all its boasted securities are but mathematicat shams, that it is based upon fiction, governed by expediency and more uncertain of its own future than each of its patrons is of his. In this it is ag agsault upon life insurance, which, if the honor able trustees of the company do their duty, or tte 77,265 policy holders know their hts, will be . repuised to the discomfture, it not the dishonor, is Hipes ye have made it—From The Chronicte, nee, 8, 1BT2, THE WEEKLY HERALD. Ad Hakan aly The € apest and Best Newspaper in the Country, The Werxiy Hrrap of the present week, now ready, contains the very Latest News by tele- graph from All Parts of the World up to the hour of publication, together with the President's Mea- sage; Annual Repert of the Secretary of tna Treasury; Death of Horace Greeley, with a Sketch of His Life, the Deathbed Scene and the Las Honors to the Remains; Shipwrecks and Frightfut Disasters at Sea and on the Lakes; Shocking ac- cident on the Delaware and Lackawanna Railroad; A Murderous Arkansas Gambler ; Suspension of the Wallkill National Bank of Middietowh, and the Public Debt Statement for November, It alsa contains the latest News by Telegraph frou Washington ; Political, Religious, Fashionable, Artistic, Literary and Sporting Intelligence; Obit. uary Notices; Varieties; Amusements; Editortal Articles on the prominent topics of the day; Gur Agricultural Budget; Reviews of the Cattle, Horse and Dry Goods Markets; Financial and Gom mercial Intelligence, and accouats of all the im- portant and interesting events of the week, TeRMs:—Single subscription, $2; Three copies, $55 Five copies, $8; Ten copies, $15; Single copics, fiva cents each, A limited number of advertisementa inserted in the WREKLY HERap. jature Tollets.—Kiegant S, containing a.completa tothe Toilet fable TABLE HOLIDAT =] ted ‘CEP where, PRET RTRLE ES A.—For a Stylish and Elegant Hat ge direct to the manufacturer, ESPENSCHELD, Lis Nassas. street, A.=Herring’s Patent CHAMPION SAFES, 261 and 282 Broadway, corner of Murray street. ch Office, Brooklya, corner of Fulton avenue and Bocrum strect, Open trom 5 A. M, to : unday from 3 to 3 P, on A.—Peremptory Sale of an Entire Stock of JEWELRY, DIAMONDS, CORALS, &O. Must be closed betore January #1, 1373. VICTOR BISHOP, Fifth Avenue Hotei RIGHT HAND SIDE (NORTH HALF) ONLY, ot the store lately occupied by Bishop & teim A.=For a First C and Elegam FURS call on DO orner of Ana street. ass Hat N RZ &CO., box 4,685, New York. the Best fm ; baruless, tetie traordinary Drawing. 1 Wall street; Post of Batchelor the world; the able, Instantaneous. Best Place In New York to Buy Boots, Shoes and India Rubbers. MILLER &00., Unionsquare.; Barker’s Aurora f Rafe be : to a beautiful golden blot Fe ia i278 Broad ay. near Nhirty-fou it Book Store in Hair Dye.—I je Am: Chea Rg be Werlt-of Holid: Books uveniles. ata 167.42 magico PAT BROS., No.3 Beoktuan street. logues tree. Christodoro’s Hair Dyc.—This §| Dye is the only one that hasever oecn aual found harintess. Hojer & Co., Painters, No. 97 Duane” areatener York, signs, Patent Net Banners, engraved Metal Signs. “Ironclads.”"=—A Winter Shoe For Gene tlefnen and Boys. CANTRELL, 241 Fourth avemae. Ringworm, Salt Rheum Cured by Usii JONIPY TAR SOAP. Manufactared by CagWB HAZARD & C w York, Royal Lhe 5 Lottery —Ciremtars anak Information IUrnisyr watt street, box tab Post oles. | No.9 Royal Havana Lottery.—Prixes Cashed, ordert flled, information tusaistigd, hi rates paid (OF Spanish Bank Bills. TAYIAR & 0 nkord, 19 Some Call it the “Git of Heating™= iheawes ae Dr eeiuas. I Bpeaaeay tts Heved altos immediatsly ant alt diseases cured, 6 sultation | Startling dncementa.eMagnificemt hyo latest style of gen v's peg aa Phy i ny Urgadway wider the Walt Avenue Loved,