The New York Herald Newspaper, December 13, 1872, Page 7

cloths from Tokomairiro for the Bombay mar- ket wo can scarcely regard the artist New Zealander at London Bridge as an impossi- bility in the path of progress. Affairs at Washington. In the House of Representatives yesterday ® bill was passed authorizing the issue of coupon bonds in exchange for registered bonds, Provided that the expense of such be paid by the owner of the bonds. The argument for ‘the bill was that it placed the two classes of bonds on an equality in making them interchangeable. In the Senate a bill in reference to the Dahlgren gun was passed. The bill provides for some compensation to the family of the late Admiral Dahlgren for his invaluable ‘services to the country in his invention of the famous Dahlgren gun—a gun which in the war of our late Southern rebellion, from the sinking of the rebel iron-clad Merrimack, in Hampton Roads, to the sinking of the Anglo- rebel cruiser, the Alabama, in the British ‘Chanel, proved its efficiency as an instrument of war. Asa simple measure of justice this bill should be passed into a law. The Crédit Mobilier investigating commit- tee were at work yesterday with closed doors, Speaker Blaine being’ under . examina- tion, one of the parties accused of receiving certain Pacific Railroad stocks from said Crédit Mobilier. As this investigation, however, ‘was ordered on motion of the Speaker, it meeds no admission within the doors to guess the substance of his testimony. In the other ving of the Capitol Secretary Robeson ap- peared before the Senate Naval Committee to urge the building of his proposed ten sloops- f-war, instead of the reduced number of six, ps provided for in the bill passed by the ‘House, and we dare say he will get them, on Anis plea of the possibility of a war with Spain jbefore the end of another year. " The President, having returned to Washing- ton, was busily engaged yesterday on Southern pffairs and settled one point by giving instruc- tions that Pinchback must be recognized by ll federal officials in New Orleans as the ‘Governor of Louisiana, which throws out ‘Warmoth. ‘Let us have peace.” Taz Aupany Journal (republican organ) predicts that the administration of General Dix (as Governor of this State) ‘will mark ‘pn era in our history, both in its high dignity ypnd quality and in the harmony which »will distinguish it.” And yet General Dix, wnly a few years ago, was a democrat of the ptrictest type, and now declares, or his political friends declare for him, that he has ‘never pbjured sound democratic principles.’ It is paly the spurious democracy he Tepudiates. ae =; ” Grav To Hear Ir—That the tidal wave of fhe epizooty has passed out of the country Ee will probably be lost in the Gulf of lexico. Waar Srrancr Taiyes Harren.—Horace Greeley left the Tribune to run for the Presi- } lency, and now they say that Schuyler Colfax going to leave the Vice Presidency to run the Tribune. ‘Tne Crostne or THe Hupson River, we fear, has been completed by last night’s freez- ing air, and not only the locking up of the ea. but of all our Northern rivers and oe from the Atlantic coast to the Rocky Mountains. PERSONAL INTELLIGENCE. Judge D. Boardman, of Ithica, is at the Grand Wentral Hotel. Judge E. H. Rosekrans, of Glen’s Falls, is at the Firth Avenue Hotel. Judge J. Winchester, of Mississippi, is staying at the New York Hotel. Mayor John Screven, of Savannah, Ga., yesterday ‘@rrived at the New York Hotel. Ex-Oongressman J. B, Grinnell, of Iowa, bas ar- gived at the St. Nicholas Hotel. General 0. M. Poe, of the United States army, is gn quarters at the Astor House. Rev. Robert Collyer, of Chicago, yesterday re- &urned to the St. Nicholas Hotel. Ex-Lieutenant Governor William Bross, of Illt- ois, is at the St. Nicholas Hotel. Chief Justice Chase has five grandchildren—three dittle Spragues and two littie Hoyts. Saxe isin St. Paul. What does he in the West ‘when he shouid serve his sovereigns in the South ? Lieutenant Commander William B. Cushing, of the United States Army, 1s at the St. Nicholas Hotel. General John Magraw, of Ithica, is at the Grand Central Hotel. General Magraw was the donor to Cornell University of the building called by his name. Colonel G. A. Woodward, of the Fourteenth regi- Ment of United States infantry, isin quarters at ‘tthe New York Hotel. Admiral Porter has issued an invitation to a dinner party next week, at which the President and Mrs. Grant will be guests. Mr. Henry Dickens, a son of “Boz,” has just ‘Joined the Society of the Inner Temple, proposing ‘to become a lawyer. He graduated with honor at Cambridge. George y. Cannon, Mormon Delegate to Congress, expects to get his seat, notwithstanding his plu- rality of wives. This Cannon does not propose to go off half loaded. The admonition among those in San Francisco ‘who have incurred the displeasure of the Fair ‘Blayer of Judge Crittenden is—‘‘Don't leave your milk can out to-night.” Mr. Willis, the author of Charles I., has entered Anto a contract with Mr. Bateman, of the Lyceum Theatre, London, to supply htm with plays for three years. A novel subject for time work. Augustus Schell, Horace F. Clark and James H. Bancker, slightly known on our ‘Change, are claimed as “Lake Shore boys” by the Cleveland Zeader, ‘One from the country preferred.” Ex-Governor W. B. Lawrence, of Rhode Island, yesterday arrived at the Brevoort House. He is on his way to Washington to begin his course of lectures on “International Law,’ before the Dis- trict of Columbia Law School. A dual death, as the result of a late hostile meet- ing in Vienna, is likely to cause the death of duel. ling among Austrian military oMcers. The Minister of War lias menaced with dismissal all oMcers who engage in such encounters. Dr. Beke, the distinguished British geographer, thinks that the Congo expedition to find Dr. Liv- ingstone should not follow the Congo River; but, Starting some distance south of its mouth, go ‘thence due east, He points the way, but does not follow his beak. The Boston Transcript is authority for the state- ‘ment that a young lady In that city declined taking @partin private theatricals inferior to the part offered to another young lady, because the father of the former was a colonel in the war, while the latter's was only a major. Archdeacon Dennison, who lately recommended the horsepond as a remedy for discontent among English laborers, has been served by his parish- foners with a pelting of stale eggs, evidently on the hom@opathic principle that “the hair of the game dog Will cure the bite,”’ After our worthy country contemporaries settle in their own minds who are and who are not to become managers and editors of prominent New York papers probably they will be content to settle themselves down and devote a little of their valu- able time to attending to their own business, FRANC Radicalist Parliamentary Preparation for the Debate on the Question of As- sembly Dissolution, nema iene” M. Thiers Personally Fatigued by the Legislative Fray—Cabinet Concern on Account of Cap- tious Party Action—MM. Louis Blanc and Gambetta Preparing to Define the Na- tional Position—Platform of the Coalesced Democratic Publicists. TELEGRAMS TO THE NEW YORK HERALD. LONDON, Dec, 12, 1872. The Echo newspaper publishes a special despatch from Paris, which states that MM. Gambetta and Louis Blane will be the first speakers in the debate which is to take place on Saturday next in the Na- tional Assembly on the subject of popular petitions Praying for the dissolution of the legislative body and an electoral appeal to the nation, Paris telegrams from different sources allege, on the other hand, that the immediate subject of the debate wili not be the petitions now coming in, but those which were presented at the last session of the Assembly. M, LOUIS BLANC’S LOGIC OF A CONSTITUTIONAL RB- PUBLIC. M. Louis Blanc has propownded to the pub- lic the points of the parliamentary logic which he intends to use in his own behalf and for M. Gam- betta’s aid during the approaching debate. Hay- ing just been prevented by a law of the Empire, enforced by M. Thiers under a Republic, from de- livering @ lecture at La Rochelle, he has availed himself of the liberty of the press to print in a newspaper what he intended to have said and what he will attempt to say in the Assembly. M. Blanc begins by inquiring what is meant by the scarecrow phrase the “extreme party?!" and his answer is that it means that party which years ago was a@ partisan of the Re- public, universal suffrage, universal military ser- vice and universal primary instruction. The Utopia of yesterday, he says, has become the reality of to- day; and yet the very men who opposed all these things claim to have a monopoly of foresight and practical statesmanship, and stigmatise as fools the party which traced out the path which they, the wise men, are now following! So much for the extreme party. As to the alternative term, the “radical party,’ M. Louis tlanc gives longer ex- Planations. He avows himself of that party, so far as the etymology of the word goes, ana admits that the party seeks within the limits of practicability to gototbe “root” of grievances. His enumera- tion of the objects contemplated by the radical party is as follows :— The moral, intellectual and physical improve- ment of all; frequent elections, in order that the Deputies of the people may not become their mas- ters; that in order to spare the nation the necessity of making or the danger of submitting toa coup @’état, the National Assembly should not be placed face to face with a rival for power; that primar, instruction should be obligatory, gratuitous and laical; that every citizen should be compelled to bear arms for the defence of his coun 80 long as war shall be necessary in the world; that the penalty of death shall be abolished; that the courts of Jaw should be open to all ot cost, because otherwise the doctrine of equality in the eye of the law is a delusion; that political centralization, which is force in unity, shall be maintained, but that administrative centralization, which is despotism and darkness, should give lace to communal life and liberty; that endeavors should be made, by means of one simple tax, to make every one contribute to the public burdens in equitable proportion; that every attempt, whether individual or collective, to do eer ceca, with pauperism, should be encouraged instead of repressed, in the hope that the working man may be one day elevated from the condition of a paid servant to that ofa artner, 80 frat, property, which, as M. Thiers has justly Said, is an inherent desire of human nature, May become accessible to all; that privileges which add conventional to porate} inequality may give place to a Bi which will aasure to all equal opportunities for the development of un- equal faculties, and, finally, inviolable liberty of the press, liberty of consci¢nce an suffrage, liberty of association and public meeting, and all those liberties which may enable a minority tu be- come the majority whenever it is able to show that it is in the right. ran After this summary of what the radical party aspires to, M. Louis Blanc repudiates as a calumny the Bs#ertion that it seeks to attain its ends by violence, .all at once, or without bending to circum- stances. M. THIERS! NEUTRALITY AND IMPERSONALITY, The President of the Republic, in order to show the neutral position which he personally occupies with respect to the subject of the permanency or dissolation of the legislative body, will not at- tend the session of the Parliament during the dis- cussion, which is fixed for the 14th instant, MINISTERIAL FEELING TOWARDS THE ACTION OF THE MINORITY. The Ministers, it is said, disapprove of the pro- Posed debate as inopportune and of an unneces- sarily agitating tendency. M. Raoul Duval, Lacombe and d’Andiffret-Pas- quier will take part in the debate. M. Goulard, Minister of the Interior, has in- structed the prefects to prohibit the signing of petitions for dissolution in the wine shops. REMINISCENCES OF THE WAR IN TERROREM FOR POLITICAL RESTRAINT. ‘The Left in the Assembly is mucn censured for Taising inopportunely the question of dissolution and thus giving the Germans a pretext for reject- ing the guarantees for the payment of the war in- demnity and an excuse for refusing to evacuate the country. Paris and Versailles Swept by a De- structive and Fatal Hurricane. Lonpon, Dec. 12, 1872. A special despatch from Paris to the London Daily News says that the gales which prevailed in that city on Tuesday last were dreadful. Versailles was also visited by the hurricane. The damage to property is very great and seve- eral persons were killed in both cities, ROME. Popular Reports of the Pope’s Intentions in the Vatican. TELEGRAM TO THE NEW YORK HERALD. Rome, Dec. 12, 1872, It is not true, as has been reported, that the Pope will leave Rome if the bill for the suppression of certain religious corporations, now before the Italian Parliament, should pass into law. ITALY. Garibaldi’s Pang of Sorrow for His Non-Pro- phetic Vision of Prussian Imperialism— The Crown Policy Adverse to Communal Democracy. TELEGRAM TO THE WEW YORK HERALD, Lonpon, Dee. 12, 1872. The London Daily News publishes a letter from Garibaldi to an Italian friend, in which the General says he joined France in 1870 purely from devo- tion to democratic principles; yet he “feels a pang of sorrow because he had to fight against those noble Germans who, in their progress toward truth, are struggling against the hydra of Jesuit- ism.” He also “confesses with shame that Italy is going back to the Inquisition.”’ Legislative Reunion with Some of the Members in Secession Recusancy. TCLEGRAM TO THE NEW YORK HERALD. VIENNA, Dec. 12, 1872. The Reichsrath reassembled to-day. The Deputies from Tyrol and Voralberg were absent. NEW. YORK HERALD, FRIDAY, DECEMBER 13, 1872—TRIPLE SHIPWRECK. The Ship Franklin, from Hamburg, Lost in the North Sea. Emigrants for San Francisco on Board—Eighty Persons Perished and a Terrible Ca- tastrophe Realized. TELEGRAM TO THE NEW YORK HERALD. ~Tonpoy, Dec, 12, 1872. Telegrams which have just been received in thia city report the occurrence of a most melancholy marine disaster, attended with an appailing losa of life, AT SEA, FOR SAN FRANCISCO, BUT SUDDEN QUENCH- ING OF SUNNY HOPE, The ship Franklin, which sailed from Hamburg several days ago for San Francisco, with a large number of emigrants on board, stranded on the coast of Viieland, an isiand of the Netherlands iu the North Sea, and went to pieces, Eighty persons are known to have perished. ENGLAND. See The Bank Rate of Discount Reduced and Ameri- can Securities Advanecd and Buoyant, en eeeene enero nas Bullion in Flow to Threadneedle Street—Dis- raeli’s Domestic Grief. TELEGRAM TO THE NEW YORK HERALD. Lonpon, Dec. 12, 1172, The rate of discount of the Bank of England has been reduced one per cent, and is now five per cent. "CHANGE ANIMATED, MONEY EASIER AND AMERICAN SECURITIRS ADVANCED. The Stock Exchange quotations report issued at the hour of one o’clock in the afternoon contained tne folowing statement:—‘“The downward move- ment in the rate of discount of the Bank of England causes an advance in prices of American securi- ties, United States five-twenty bonds, 1865's, old, 92; 1867's, 434; ten-forties, 88%; new fives, 891; Erie Railway shares, 43." The ‘Change bulletin, dated at half-past four o'clock in the evening, published the following an- nouncement:—“American securities are firmer and there is more doing. The belief that the ap- proaching bank statement will be favorable causes increased firmness in the market. Erie Railway shares, 43 54."” BULLION IN FLOW T0 THE BANK. The bullion in the Bank of England has increased £450,000 during the past week. DISRAELI'S DOMESTIC GRIEF STILL ENDURING. No hope is now entertained .or the recovery of the Viscountess Beaconsfield, wife of tue Right Hon. Benjamin Disraeli. TICHBORNE'S CLAIMS—RESOLVES AND TRIALS OF THE DISBELIRVERS, A meeting in support of the Tichborne claimant was held at St. James’ Hall last night. The principal speakers were Mr. Whalley, M. P.; Mr. Onslow and the claimant himself. There was much disorder during the proceedings, and parties in the audience who expressed disbelief in the as- sertions of the alleged Sir Roger were roughly treated by his friends and hustled out of the hall. SOUTH AMERICA. neck 8 Brazil in Amicable Diplomacy with the Argen- tine Special Envoy—The Negotiations Closed—Paraguay’s Treaty-Mak- ing Power Defined—In- demnity for War. oe TELEGRAM TO THE NEW YORK HERALD. Lisson, Deo, 12, 1872, The mail steaniship Dowro has. arrived from Rio Janeiro, whence she sailed November 22. General Mitre, the Argentine envoy, had brought his negotiations with Brazil to am amicable con- clusion, THE TREATY—ITS CONCESSIONS AND CONSERVED RIGHTS. It is settled that Paraguay shall make separate treaties with Uruquay and the Argentine States. The Brazilian and Argentine troops are to evacu- ate Paraguay and the island of Atajo three months after the conclusion of the treaties. The treaty already made between Brazil and Paraguay is not disturbed. The allies in the late war against Paraguay are placed on an identical footing with regard to in- demnification of their expenses. Paraguay is to pay the allies upwards of two per cent per annum of the war indemnity during the next two years and six per cent annually thereafter until the entire amouut is liquidated. AFRICA. A German Explorer Heard from and Bound Homeward. Berlin Savans Moving for the Promotion of An- other Search—Mapping Out the Territory for Research and Rendezvous. TELEGRAM TO THE NEW YORK HERALD. BERLIN, Dec. 12, 1872. News has been received of Herr Mauch, the Ger- man explorer of Africa. He had arrived at Guilimane, on his way home, ‘and was in good health. PRUSSIAN SAVANS ARRANGING FOR FURTHER EX- PLORATION PROGRESS. The Berlin Geographical Society intends to send out an expedition to Central Africa on a larger scale and with very definite objects, in a scientific point of view. Professor Bastian introduced a resolution, to that effect at @ meeting of the body and from his address the motives and general scope of the proposed enterprise may be gathered thus:—If we place the point of the com- | passes on the equator, or a little above it, and at twenty-four degrees east longitude of Greenwich, and describe a circle with a radius of nine degrees or ten degrees in length, it will approxi- mately include the vast totally unexplored region, containing an area of some million English miles, into which it is proposed to penetrate. African travellers have approached it on ail sides, but have not yet entered it, as, for instance, among others, Livingstone on the south and southeast; Speke, Burton, Grant and Schwein- furt in the Nile country on the northeast; Park, Richardson, Barth and others on the north. From the west eoast, however, there has been no great successiul expedition for any distance inland. It is rather curious that at this hitherto unexplored boundary the travellers have observed a change in the geographical features of the country, and at the same time one which i# suMctently similar at ditferent parts to lead to the conclusion that it constitutes one and the same geographical prov- ince, The details of the new expedition are as yet unsettled, and perhaps, it may be deemed advisable to send out a smalier one as a pilot to pioneer the way, but the exploration of the Congo River will probably pe a main object. The Lopez River, or the Ogo-u-Wal, as it is also called, may perbaps be chosgn for another. MEXICO. President Lerdo Solemnly Inaugurated Amid General Civic Rejoicing. Proclamation of His Fealty to the Constitution— Peace and Home Union His Platform Basis— Tehuantepec Troubled—American Enter- prise—A Nativist Stand-Still in His Natural Bourbonism. TELEGRAM TO THE NEW YORK HERALD. Crvy OF MEx1Co, Dec, 3, 1872, Via HAVANA. On the day of the inauguration of President Lerdo the streets were crowded and there was much popular enthusiasm. In the evening ail the public buildings and many private houses were illuminated, The President, in his ADDRESS TO CONGRESS, Promises that he will himself obey the constiiution asthe supreme law of the land and ensorce obe- dience to it, He cites his course during his late temporary incumbency of the ofice of President as proo! that he will maintain union among Mext- cans, the complete liberty of the press and the rights of individuals, and hopes at the termination of his term to be able to say, “The civil wars are finished, the public confidence is restored and the Republic is tranquil The President expresses the hope that Mexico, after so many years of war, may obtain the bene- fits of a lasting peace. He will maintain perfect harmony between federal and State governments, cultivate the friendship of foreign nations and ve ready to make new treaties with all nations that may desire to live in friendly relationship with Mexico. CONGRNIAL OFFICIAL REPLIES. Sefior Lemus, the President of Congress, replied to the inaugura} address of President Lerdo, The Minister of Spain made a speech in behalf of the diplomatic corps. PROVINCIAL BORDER ALATM. Political affairs in Tehuantepee have assumed a menacing attitude, and the authorities are appre- hensive of another outbreak. AMBRICAN ENTERPRISE. The fact that the Rosecranz railroad projeot has been refetred to the President ts considered to give it a slight advantage, as Congress will ad- journ before his report can be acted on. It is supposed that the Plumb and Rosecranz projects will be presented jointly to Congress at its next session. A BOURBON AND A BAREBONES MIXED AND HISSED. One member of Congress opposed the ratiroad projects in a speech, on the ground that their ac- complishment would ruin the business of transpor- tation by mules and bring a large number of im- migrants, who would ultimately absorb the coun- try. The Americans, he said, were “the greatest enemies of the Mexicans."’ The speaker was frequently hissed by the gal- leries. CUBA. President Grant’s Message as It Ap- peared in the Havana Press. pe Mutilation of the American Document and Pen- and-Ink Defiance of Its Position—The Slur of Slavery a Slight on Spain. TELEGRAM TO THE NEW YORK HERALD. ~~ Favana, Dec, 12, 1872, The Diario suppresses a portion of the para- graph in President Grant's Message regarding Cuba and is sparing of comment. The Constancia only gives.a few jincs Bbout Cuts; . ae and does not quote the passage about slavery. The Voz dé Cuba, in an editorial, says the first portion of the Cuban paragraph is “a series of com- monplace phrases realizing the necessity of saying something, while expressing the conviction of Spain's triumph. These words may be considered the funeral oration of the rebellion. We regret that President Grant is dissatisfied with the law of 1870, The law was not made ior his satisfaction, but for the satisfaction of the Spanish government and people. President Grant's recommendations will certainly have little weight with the Spanish government, which certainly does nothing through foreign recommendation, but according to the con- science and the opinion of the people and the voice of the Cortes, “The government and the Spanish people know that the slavery question divides the brethren here with the brethren of the Peninsula and other peoples of the earth. The question robs of sym- pathies the national cause which we defend, but it is untrue that the question 1s the cause of the ex- istence of and prolongs the perturbation. The question is resolved already in the conscience o1 the people and the nation.” HORSE DISRASE IN HAVANA. The horse disease appeared here Saturday and is daily increasing. No private carriages are seen on the streets. Native and Northern horses are equally attacked. Few deaths are reported. AMUSEMENTS. The Olympic. “Barbe Bleue’ was the attraction at the Olympic last night. Seldom has a piece been better put on the stage, and seldom has success, so far as the company was concerned, been so wel; deserved. Aim¢e was in excellent spirits, and, in spite of our recollections of Irma, we must admit that Boulotte was not far from perfection. Juteau makes a good Barbe Bleue. Bobéche, in the person of Duchesne, was never more satisfac- torily represented. The wedding chorus in the first act Was a complete success, In the second act the quartet, “C"est son berger,” was excellent, and the audience testified its approbation by repeated en- cores. Throughout the entire performance Aimée maintained her pene pre-eminence, and from first to last Juteau lent her effective assistance. The excessive coldness of the night was sufficient rea- son for the slimness of the audience. Though slim, however, the audience was not cold, and the | company must have been cheered by the hearty enthusiasm which was maintained during the whole evening. Masical and Theatrical Notes. The Vocal Society of New York announce their third season of three subscription concerts at Steinway Hall. The subscriptions are limited to 300, and no tickets will be sold at the door, Mr, A. Neuendorff, the manager of the Germania Theatre, in Fourteenth street, having offered his theatre and the services of his company to the Hebrew benevolent societies for a benefit, the Pres | idents of the societies had a conference, when It was determined to engage the Academy of Music for the purpose of the entertainment, and it was | agreed that the proceeds should goto the Home for Aged and Infirm Hebrews. ‘The 20th of January | 1s named as the time for the entertainment, “Leo and Lotus’? has been drawmg very large houses at Niblo’s, and the prospect is that it will keep its place for months. The son of the famed Paganini, who is residing | at Parma, proposes to sell some MSS. and posthu- | mous works composed by the violinist. The début of Madame Pasqua at the Italian | Opera House, Paris, as Amalia in the “Ballo in | Maschera,” Was more successful than the first ap- pearance of either Mile. Torriani or Mile. Alboni. Herr Schott, the new tenor of the Berlin opera, has hit his mark—a centre. He 1s an officer of the Wurtemburg army, but is about to retire altogether from the theatre of warin favor of that of the foot- lights. As this Schott has gone off 80 well, he is likely soon to develop, says Figaro, into & great, un, SHEET. LOSS OF THE STEAMER ST. LOUIS, —_—_—_—e The Steamer St, Louis, of the Cromwell Line, Springs a Leak and Founders Off Tortugas, ———+—____ ALL HANDS SAVED. Kry West, Fla., Dec. 12, 1872. The steamer St. Louis, Captain Whitehead, left New Orleans for New York on the 7th inst., and Sprung a leak on the evening of the 8th inst. at twenty minutes past eight o’clock, when about one hundred and seventy miles distant from the Southwest Bar, and sunk the next morning at half-past five o'clock. As soon as Vaptain Whitehead discovered that the steamer was leaking the steam and deck pumps were immediately put in action, but the water gained so rapidly that in a short time the fires in the main boilers were extinguished. ‘The donkey engine and deck pumps were still kept going, but in about a couple of hours the former was use- less, as the water had extinguished the fire un- der the small boiler which fed it with steam, The water was then gaining at the rate of ten inches per hour, At two A. M. on the morning of the 9th Captain Whitehead, finding all the efforts to gain on the water of no avail, had the boats launched, and everybody left the steamer. The boats then pulled off about one hundred yaraa’ distance, and Jay to until nalf-past five A, M. the same morning, when the St. Louis went down. ‘The boats were then steered in the direction of the Tortugas, and were picked up on the morning ofthe 10th, at eleven A. M., after being thirty hours tossing about, by Captain Dumaresque, of the British ship Record, bound from New Orleans to Liverpool. All hands were afterwards transferred to a pilot boat off this port snd were landed here this morn- ing. ‘The steamer St. Louis was built in 1853 in Dum- barton, Scotland. She was an iron propeller of 1,060 tons, measured 214 feet in length by 30 feet beam, fitted with \wo engines of 48-inch stroke of piston and 35-inch cylinder, and was owned by H. 8, Cromwell & Co., of New York, ARMT ORDERS. By direction of the President, William B. Mc- Clellan, ot the Fifth ariillery, has been detailed as Professor of Military Science and Tactics at the Western University at Pittsburg. The superin- tendent of the mounted recruiting service has been directed to forward all disposable colored troops to Galveston, Texas, for assignment to the Ninth cavalry. NAVAL ORDERS. Passed Assistant Surgeon J. G. Ayres has been ordered to special duty in the Bureau of Medicine and Surgery at Washington; Assistant Surgeon James M. Buell has been ordered to the receiving ship Sabine, at Portsmouth, N. H.; Midshipmen Nathan Sargent, Jr.,and Landon P. Jewett have been detached from the Naval Academy and or- dered to the Portsmouth, INSURANCE, THE RIGHTS OF THE POLICY-IOLDERS OF THE MUTUAL LIFE INSURANCE COMPANY, ga ata [From the New Yor« Daily Bulletia.] Much of the feeling against the reduction of pre- mium rates made by the Mutual Insurance Company has arisen from a misunderstanding as to the posi- tion in which the old policy-holders are placed under the new tariff of rates. It is generally supposed that future dividends upon old pouicies will be diminished, in consequence of the reduced rates of premium, and that those insured under the new rates will have advantages, in respect to dividends, accruing from the higher rates paid by the old policy-holders, ‘This, of course, would involve an injustice to those who are paying the higher rates of premium; and no company could adopt such @ course without a most flagrant violation of corporate honesty. The truth is, however, that the Mutual does not propose to «do any such thing. The company treat each pollor as a separate account, and the dividends of eac policy-holder are reguiated by his premiums. The old policy-holders will consequently suffer no re- duction in aividends in consequence of the reduced rates of premium, and those insured on the lower scale will receive correspondingly lower returns in the form of dividends; the former contributing im AQ degree to the dividends of the latter, but standing 1 just ane Fain ae 4g bjtherto in respect to the ahhial distribution or profits. For the purpose of illustration we present the following statement, showing the composition of the premium and of the dividends accruing thereon under the old rates and the new. We suppose the case of a policy holder who pays $140 premium un- de; the ola rates, and of a second, who, under the new rates, insures for an equal amount by the pay- ment of §110:— old New Rates. Rates, Premium......++ rrr wee $1 $110 —Of th's amount there is required :— Old New ¥ Rates, For reserve. ...... $48 00 For year's deaths. 62 00 For expenses..... 10 00 Total premium........ +++$140 00 $110 00 The dividends are earned upon — item thus :— t New Rates. Rates, Seven per cent on $48 ofreserve. $3 36 $3 36 er cent saved on appropria- tion for year’s deaths. . 3 00 13 00 Saved on expense account. 32 00 200 Total dividend wees $48 36 $15 36 It will thus be hat the policy-holder who pays $140 premium will receive $48 36 dividend, while he who under the new rates pore $110 for an equal amount of insurance will receive $18 36 in dividend, the difference in dividend being equal to the difference in premium. The saving in the amount of premium under the new rates is effected entirely on the item of expenses, the amount appropriated for that parpose under the old system having been found to exceed the requirements by seventy-five per cent. Under these circumstances we are at @ loss to conceive what possible objection the old policy- holders can raise against the change of rates. The truth is that the company has been collecting, in the form of premiums, vastly more than is re- quired to pre adequate security lor the insured and to the current expenses of management. In dealing with old policy-hold- ers the company proposes to continue to collect in excess of requirements, and to return the ex- cess in the form of dividends; while on future pol- icies it proposes to charge @ premium more closely corresponding to actual requiremenis and to re- turn correspondingly less in the torm of dividends, ‘This certainly seem: most vusiness-like course ; and we are unable to see how it concerns any ex- cept companies who, from doing @ more limited business, may be unable to affect an equal reduc- tion jn their expense account. It has long been a standing argument against life insurance that the costs of Management were so heavy as to make the return to the insured utterly inadequate to his con- trioutions; and the Mutual, in giving a practical demonstration that insurance 18 much less cost, than has been generally supposed, has done muc' towards neutralizing one of the most elfective obstacles to insurance. *This saving represents the amount appropriated for the payment of death claims in excess of what experience has proved to be necessary lor that pur- pose. WARNING TO MUTUAL LIFE POLICY-HOLD- ERS. caoratlniichteninos Brother polic-yholders, do not sign the document circulated by the managers of the Mutual Life justitying their course. The object is to retain control of the filty-tive millions of assets. The Legislature next January will protect our interests | against the presiding clique. The surplus is ours. Sign no relinqnishment of your property and rights. Sign the protest against the revolution in rates, | to be carried out by crewing, on your reserves. BPHEN ENGLISH, Mutual Lilie Policy-hoider. 137 BRoapway, New York. Barnett’s Miniature Toilets.—Elegant ASSORTED COLORED BOXES, containing a complete ‘Tollet Appendage, admirably adapted to the Toilet fabio nd traveller's portmanteau, ACCEPTABLE HOLIDAY Lat as NTS. Wholesale by druggists’ sundry men overy- where. Aw—For a Sty! direct to the manufacturer, ESPE: street A.—Wonderfal Testimony,—I Heartily recommend WATTS’ NERVOUS ANTIDOTE for Paraly- Neuralgia and Debility. sis, Rheumatiom, Neuralg is “Cpe asl Fourth avenue. A.—Bronzes, Fancy Furnitare, ‘Piano Covers, @. L. KELTY & CO, 7% Broadway. for Iloliday Presente ™ Table Covers, &c. 7 A.—flerald Branch Office, Brooklyn, coruer of Hulton avenue and Boerum street, Open trom 4 A, Be. M. On Sunday trom 3 to 8 P.M. A.—Peremptory Sale of an Entire Stock of JEWELRY, DIAMONDS, CORALS, &0. Must be closed betore January Ih, 187%. VICTOR BISHOE Avenue Hotel RIGHT HAND SIDE (NORTH HAL!) ONLY, ‘of the store lately occupied by Bishop & Kein. A.—Roebuck’s Weather Strips. Protect the interior of your house and office from ther at ROEBUCK’S, 68 Fultom cold wind. Leave your or street, near Cliff, Same office for ten years. Hardware trade and builders supplled vane Lottery. Grand Ex- traordinary Drawing. J. B. MARTINEZ & CO., Bankers, 10 Wall street; Post office box 4,645, New York. t ON SAFES, 251 and 282 Bre corner of Murray streot. A.—For a First Class Hat or Fine Furs call on DOUGAN, 102 Nassau street, corner of Anny r Dye.—is the Best im and periectdye; harmless, roli- all draggists, Batchelors 1 the world ; the only tr able, instantaneous Burke’s Holiday Stylos Dress Hats ready at popular prices. Sealskin Caps in varioty. BURKE, 210 Broadway. Christodoro’s Hair Dye.—This Splendid Dye is the only one that hasever ngen analyzed and found harmless Chapped Hands and Rough Skin Cured by. using JUNIPER R SOA manufactured by CASWELL, HAZARD & New York. Cheapest Book Store in the World. 167,482 magnificent HOLIDAY BOOKS and JUVENILES. Catalogues tree. LEGGAT BROTHERS, No. 3 Beekman street. Fine Gold Jewelry. Lowest prices. Fine Gold Earrings and , Etruscan, nYX, jet, &e., 2 2 $200 w set. 0] Gold Lockets, 5 315, B20, 825 . $10, $12 to $75 each Seach. Gold Sleeve Buttons and Studs, $4, aset. Gold Seal Rings, $6, $8, $10, $12 to Mdren’s leings, $2, $3, 84 €0'S10 cach.” Gold Pens IIs: 85, 34, B10, $12 to 8%. "Coral Sets, $20, $99, 890 iamond Rings, $39: $40, $50 to $500. Gold lets, $12, $15, $20, $25 to $150 a pair. Gold Watch Chains, $15, $20, $25, $0 to $100 each. Watches and Jewelry repaired, S RGEC. ALLEN, 841 Broadway, near Fourteenth street. Furs—Choice Stock at Manufacturers” Prices. Call before purchasing BU » Manuiacture: cor 210 Brondway, of Fulton street. Gienham Hotel, Furopean plan, 155 Fitth avenue, between Twenty first and Twenty-second streets—Elecant Rooms tor perma- nent and transient guests, A. H, CRANEY, Proprietor. Hojer & Co., Painters, 97 Duane street.— Signs, Patent Net Banners and Engraved Metal Signs. Holiday Hats and Scal Skin Caps at manuiacturers’ prices. P. ERNENWEIN, 148 Nassau street, near Spruce street. —— calls “Rich and Rare were the Furs Wo wore.""—They were bought at KNOX’S. — Hix stores, 212 Broadway and under the Fifth Avenue Hotel, are famous foe the beauty. ot his FURS and the decided ‘superiority of his HATS. Lottery.—Circalars and R. ORTEGA, Post office box 1,846. Royal Hav: information furn No, 9 Wall street. The Prevailing Cough Storm, Can't hear the sermon at church, ear a word of the play, Can't even hear oneself thin For this oughta ht and by day. The gates of the Grave are ajar, Through which Death tain the'coughers would guide. But use HO: OF HOREHOUND AND TAR, And keep on the pleasanter side, PI TOOTHACHE DROPS cure In one minnte. ‘. i NEW PUB Foupay BOOKS. APPLETON & CC 549 and 551 Broadway, New York, Call the attention of buyers to the following list of Superb Books:— ROME. By Francis Wey, Illustrated with 36 Engrave ings on Wood. Folio morocco. Price $30, THE LITTLE PEOPLE OF THE SNO' Cullen Bryant. With 50 exquisite Engravings. Rib rice $5. peeo, $9. THE’ LEATHER-STOCKING TALES. By James Feni- more Cooper. 1 vol., 8vo. With 40 Illustrations by Dar- ley. .Clovb, gilt, price $4. THis STORY’ OF ‘TH FOUNTAIN, By William Cullen By Williane Cloth, Bryant. With 42 lilustrations. 1vol., 8vo. Cloth, gilty price $5; moracca, $9. THE SONG OF THE SOWER. By William Cullew Bryant, With 42 Illustrations. Cloth, gilt, price $5; moroceo, $9. HE AMERICAN TOUR OF BROWN, JONES AND ROBINSON. Being the History of what they saw and did in the United States, Canada and Cuba. By Toby. With 157 Ilustrations, 1 vol. 4to. Price $5. THE CIRGLING YEAR. Tilustrated from “The Letsure Hour.” Beautiful ind Wood Engravings. Im- eri Cloth, gilt rice 1 A AND HIS TIME. “By Dr, “Alfred Woltmam. Illustrated with 60 Engravings. vo. Cloth, price $103 morocco, $15. HE POET AND PAINTER. With 99 fllustrations om Steol, rice $12; morocco extra, Cloth extra, ‘$20. WOODSIDE AND § illustrated. Cloth extra, price $3; morocco antique, $7. HOUSEHOLD BOOK OF POETRY <The). By Chas. A, Dana. Illustrated with Steel Engravings. Cloth, it, price 36 oroceo, antique, $10. ’ Bhyalrs Pc Red Line Edition. With 24 Mastra. tions. Cloth, pric ; half calf, $5 50; morocco, $7- ITALIAN PICTU Drawn with Pen and Pencil. Profusely Ulustrated. Imperial 8vo. Cloth, gilt. Price $4. LEVERS WORKS. Uniform English edition. 21 vols i2mo, Halt calt, price $42. WAVERLEY. NOVELS, bat edition. Mlustra\ 26 vols., 8vo. Half cal with 204 Steel Engra extra, price $10); full c extra, $125; half morocco, marbled edges, $120; half morocco, gilt edges, $130; trea calf, ‘$150; morocco, extra, $175. — ‘Containing most of the Woodcuts in the Abbots- ford edition and numerous Steel Engravings. 48 vols.g I6mo. Halt calt, extra, price $140; tull calf, extra, $175. Centenary edition, Illustrated with Vignettes and. Frontispieces. 25 vols, 12mo. Hall calf, price $67 5g fall calf, $30. Cheap Popular Edition, Illustrated. 6 vols., small vo. Half calf, price $21, A comp'ete Catalogue of Illustrated and Standar® Works, suitable for presents, sent to any address on ape plication. OLMES * * * * HARLAND, ‘Edna Browning,” by Mary J. Holmes, and “True a ” by Marion Harland, are ihe two, mist popular novels of the year. G. W. CARLETON & CO., Publish> ers, Madison square, New York. AND-BOOKS OF GOOD SOCIETY, The best hooks of the sort ever printed, for sel me it ASIDE.’ Beautifull Re provement are “Habits of Good Society,” “Art of Con- Yersution” and “Writing, Reading and’ Speaking.” Gu W. CARLETON & CO., Publishes \dison square. ia BOOKS, BES BOTH AY iT AND MODERN, SUITABLE FOR PUBLIC INSTITUTIONS AND GENé TLEMEN'S PRIVATE LIBRARIES, IN VARIOUS DEPARTMENTS OF LITERATURE, comprising History, Biography, Voyages and Travels, Books Relating to America, Essays and Letters, Fiction, Sclance, Bibliography and Literary Ana, Philology, Polygraphic Authors, Fine Arts, Architec- ture, &c.; Facetiw, Drama, Poetry, Theology, French and Italian, Latin and Greek Classics, with Trausiations, Re- views, Eneyclo- ac., anda rich collection of STANDARD MISCELLANEOUS WORKS, Many of these works are CURIOUS AND OF RARE OCCURRENCE. ‘The whole having been selected with judgment and care in the best foreign markets by our special agent For sale at exceedingly Low Prices for cash. NOW OPENING, A REMARKABLY FINE AND CHOICE INVOICB, i Just to hand, per steamer City of Brussels, NOW READY, CATALOG NO. 73. A Descriptive and Priced List of a Collectfon of CURIOUS, AS WELL AS USEFUL AND areal 29 1 BOOKS, mailed gratis to any address on application. THE OLDEST AND CHEAPEST IMPORTING HOUSE, ia Established 134. ¥ IMPORTATIONS BY WEEKLY STEAMERS. A. L. LUYSTER, London, and 138 Fulton street, New York. ORNING GLORIES, * * * © BY MISS ALCOTT. This delighttul little book, by Louisa Alcott, author of “Little Women,” is gelling immensely. Children are grazy aboutt. | Frice $19), SARLETON & CO, Publishers, Madison square, WELVE VIEWS OF HEAVEN. Anew book by twelve distingnished dlvings Just tr ¢ * ‘attention. 130%) copice Fae Pa TR ARLE TUS & CO., Publishers, K. Madison square, New York. N ST. 187% e rgns OF Tuaresble and instructive little nglish wor oO ‘ot whist. Byery card player ought to lave oe’ Eres Sl. @. W. GARQETON ‘Ov, Puplishers, Madison sauate, New York, ? i G. ‘