The New York Herald Newspaper, September 22, 1873, Page 6

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ot : NEW YORK HHKALD, MUNDAY, SEPTEMBER 22, 1873—TRIPLE SHEET. : nn NEW YORK HERAL BROADWAY AND ANN STREET. peshansonng iP cas JAMES GORDON BENNETT, PROPRIETOR Volume XXXVIIT......ceseeeeerees AMUSEMENTS THIS EVENING. GRAND OPERA HOUSE, Eighth av. and Twenty-third st. —Wanpening JEW. ACADEMY OF MUSIC, 14th street and Irving place.— Ingomar. PARK THEATRE, Brooklyn, opposite City Hall— CentnaL Pan. ROBINSON HALL, Sixteenth strect—Taz Rorau Maxiongrtxs, Matinee at 3 TONY PASTOR'S OPERA HOUSE, No. 201 Bowery.— Yauisty ExteprauxMent. MRS. F. B. CONWAY'S BROOKLYN THEATRE.— As You Liss It. ‘WOOD'S MUSEUM, Broadway, corner Thirtieth st.— Ackoss Tax Continent. Aiternoon and evening. BOOTH'S THEATRE, Sixth av. and Twenty-third st-— Rip Vay Winkie, NEW LYCEUM THEATRE, Lith street and 6th av.— Notre Dawx, METROPOLITAN THEATRE, 895 Broadway.—Vanierr Entestsinagnn BOWERY THEATRE, Bowery.—Curiosirr—Litts Sunsuure. WALLACK’S THEATRE, Broadway and Thirteenth street,—Dust axp Diawonps. BROADWAY THEATRE, 728 and 730 Broadway.—Orgra Bourra—La Finux px Mapawx Axor. OLYMPIC THEATRE, Broadway, between Houston and Pleecker st&—ALADDIN—SINBAD THE SAiLoR, THEATRE COMIQUE, No. 514 Broadway.—Vanierr Entertainment. UNION SQUARE THEATRE, Broadway.—BxLLEs oF NIBLO'S GARDEN, Broadway, between Prince and Houston sts.—Tuz Buacn Crook. BRYANTS OPERA HOUSE, Twenty-third st., corner Fixth av.—NecRo Minstreisy, &0. Union square, near mut Kirénen, HOOLEY’S OPERA HOUSE, Court street, Brooklyn.— San Francisco MinstRELs. N HAIA, Great Jones street, between Broadway and Bowery.—Tux Pircri. ASSOCIATION HALL, 23d street and 4th avenue.— Fine Art ENTERTAINMENT. CENTRAL PARK GARDEN.—Svmuer Niamts’ Con- cents, AMERICAN INSTITUTE FAIR, 84 ay., between 63d and 64th streets. Afternoon and evening. NEW YORK MUSEUM OF ANATOMY, No. 618 Broad. ‘way.—Science axD ART. DR, KAHN’S MUSEUM, No, 688 Brondway.—Science anv Ant, “TRIPLE SHEET. New York, Monday, Sept. 22, 1873, THE NEWS OF YESTERDAY. 'To-Day’s Contents of the Herald. “CESARISM AND THE SENATE! THE SENATE AS IT WAS AND IS! AN ANOMALY IN A REPRESENTATIVE GOVERNMENT! — LEADING EDITORIAL ARTICLE—SixtH Pag. PARSON BROWNLOW PREFERS AN EMPIRE TO KULE BY THE DEMOCRACY! HE BE- LIEVES THE NATIONAL GOVERNMENT SHOULD BE MORE STRONGLY CENTRAI- Ceesarism and the Senate—The Senate As It Was and Is—Amn Anomaly in e@ Representative Government. ‘We have shown, as a historical illustration of present political events, that the Presiden- tial office first developed its worst capacities under Andrew Jackson. That resolute and daring man showed what courage could do with an office intended by the Fathers to be the chief magistracy of a republic governed by law and constitutional enactments. We then saw that the President could be as pow- erfulas a monarch; that he could use his patronage as he would his horses and his treasure. Jackson established the debasing principle that the government was the prop- erty—the ‘‘spoils,"’ to use a more comprehen- sive and familiar word—of a successful party. From the results of that extraordinary and selfish pronunciamento the Republic still suffers. Mr. Tyler's irritating mancuvres ; Mr. Polk’s invasion of Mexico against law and without provocation ; Mr. Pierce's igno- minious perfidy towards the Missouri com- promise; Mr. Buchanan's prevention of Kansas freedom and his humiliating abase- ment to South Carolina treason; Mr. Lin- coln’s necessary, if at times petulant and un- discerning, despotism, and Mr. Jobnson’s stub- born and wild manifestation of the powers of his office, are only so many striking lessons of the necessity of dealing with the office of the Presidency’so as to make it more in harmony with republicanism. As we consider the exaggerated and growing power of this office to be one of the gravest causes of Cxsarism as now rampant in the Republic, so also do we find other dangers in the Senate. In constructing the constitution our fathers had England for a model. We sco the English style in every part of the work. Tho King- ship is reflected in the Presidency, the House of Lords in the Senate. Jofferson is credited with the homely saying that the Senate and the House were like a cup and saucer. By the time the tea was poured into the saucer it was cool. The Senate was to be tho saucer in which any passionate legislation of the House would be calmed and stilled. The excesses of the French Convention strengthened our fathers in the conviction that order would not be safe at the mercy of a turbulent assembly. In those days, be it remembered, it was states- manship to dread the people. The Norman- English aristocracy had not forgotten the tra- ditions which made the Saxons their kernes and knaves and gallowglasses. The people could only print and speak under terror of the pillory, and, in this century even, a man as kind and true as Leigh Hunt was imprisoned for sneering at a gorgeous scoundrel like George IV. The House of Commons was as secret as a Freemasons’ lodge, and the legend of its secrecy still lingers and may be called into life any day by the will of one member. Our fathers felt that without a conservative influence, like the House of Lords, liberty would be at the mercy of license and disorder. There would be no knowing what manner of men might stream into the chambers of the Commons. So the Senate was created. It was not directly responsible to the people. Although it could not create IZED! A THIRD TERM FOR GRANT! THE KU KLUX—SEVENTH PAGE. AMID THE ICE PACKS! A THRILLING RECITAL OF THE PERILS ENCOUNTERED BY THE STEAM L. NCH, LITTLE JUNIATA, IN SEARCHING FOR THE BUDDINGTON PARTY! THE MEETING WITH THE TIGRESS AND THE RETURN—Fovrra Pagg. AMERICAN ACHIEVEMENTS IN THE ARCTIC EMPIRE HIGHLY EULOGIZED IN ENG. LAND! NEAREST THE NORTH POLE! HALL’S MONUMENT “A GRAND MEMO- RIAL, A TROPHY AND A CHALLENGE”— SEVENTH PaGR, TIDAL WAVE IN WALL STREET! AN EXCITEMENT-FILLED SABBATH! MEAS- URES OF RELIEF! NOT 80 MANY WRECKS AS REPORTED! THE GOVERNMENT BAR- RIEK AGAINST FURTHER RUIN! VANDER- BILT AND THE UNION TRUST COMPANY— THIRD PAGE, CAUSES OF THE FINANCIAL CRASH! THE “MAGNIFICENT FRAUD” OF SPECULATION IN NEW RAILROAD: KELIEF FROM THE TREASURY AND BANKS—REAL ESTATE— Eiguta Pace. PULPIT TALK ABOUT THE WALL STREET STORM! THE TRIALS AND TEMPTATIONS OF BUSINESS M THE EVANGELICAL ALLIANCE! AN EVERLASTING POORHOUSE FOR SOME CHRISTIANS--FirTo Page. IMPORTANT REDUCTION IN THE OCEAN CABLE TARIFF! ONE GUOD RESULT OF THE RE, CENT EXPOSU FOREIGN AND AMERI- CAN ART AGENCY— TRVH PaGE. THE MINE HORROR AT GOL) HILL, NEVADA! CONTINUED SPKEAD OF THE FLAMES! THE EXPLOSION—SsvVENTH PAGE. SPAIN IN A STATE OF SIEGE! “PERFIDIOUS ALBION!” PIELTAIN TO BE RECALLED FROM CUBA—SEVENTIi Pace. GUILTY HU GTONt ITN THREAT! ! A SECRET THE CORONER'S JURY NEC#SSARY—A “QUEER” RAID—Fourti PacE. THE & MOST ATROCIOUS DEED! A GRANITE- HEARTED HUSBAND STRANGLES HIS WIFE! HIS ARR: ‘TENTH PaGE. AN EARL’S ESCAPADE! INTERESTING DETAILS OF THE SINGULAR CAREER AS A SEA- FARER OF A SCION OF THE BRITISH AR- ISTOCRACY—Tentu Pace. Tae Potarm—We publish this morning some interesting despatches from England in reference to the Polaris, in which American enterprise and resolution, as manifested in this expedition, are handsomely acknowledged. On the samo interesting subject we give this morning a full report, from a special corre- wpondent on board, of the famous cruise of the steam launch Little Juniata among the ice- packs and tempestuous elements of Melville Bay, and this report, even from the provailing sensation of Wall street, will be found by the judicious reader an agreeable diversion. New Zeatanp Inpustry mm APPEAL To THE Benatp.—From the far distant township of Ngaruawahes, Waikato, New Zealand, comes to us a remarkable attestation of the univer- tality of the Nzw Yorx Heraxp and of the in- uence which is exercised on the public mind by the propagandist diffusion of the leading American press, A colonist who is anxious that the local antipodal authorities should en- deavor to open o market in the United States for the sale of native product—kaurigum— publishes his views in the shape of a letter ad- dressed to the Heraxn, which he first printsin the Waikato Times, the local journal, Tho comzunication appears in our columns to-day. It is worthy of attention in every respect, for the industrial intent of the writer and for his enterprise in sceking the most available and evrtain channel to a world-wide publicity, LH taxation, yet it showed every other power pos- sessed by the House, with express and valuable powers of its own. It could share in treaty- mfaking and control the patronage of the President. In other words, the Senate had nearly all the powers of the Commons, and had a veto upon nearly every act of the President. In England, the model of our laws, the power of the Commons has increased, that of the Lords has decreased. One shows the power, the other the pageantry of the English people, A corresponding movement has been seen in other countries. The French Cham- ber of Peers under the monarchy and the Senate under Napoleon were little more than social clubs. Wherever representative par- liamentary government has found growth the popular branch has always absorbed and re- tained power. In this country the reverse is the truth. It is interesting to consider the cause of this anomaly, its bearing upon the stability of our institutions and its promises for the future, and especially its relation to the rise and progress of Cmsarism in our politics. The Senate attained its aristocratic pro- eminence under the dominion of the slave- holders, When the States were few in num- ber the Senate was a sinall body, and os the term of office was longer, and there were no necessities of frequent appeals to the people, men of eminence craved its membership. But it made no definite impression upon the coun- try as an independent power until the ad- ministration of Mr. Johnson. Before that time the Presidency was in many respects independent of the Senate—that is to say, the President had the power of absolute removal— a power which no longer exists. In the strug- gle between Mr. Johnson and Congress a series of laws were passed nominally to re- strain the President, and, as it were, stereo- type the results of the war. By these laws the President could not command the army, nor control his Cabinet, nor remove the pet- tiest revenue clerk without permission of the Senate, Tho President could not oppose the Senate, and so deliberately purchased it. We do not say he went into the Chamber and paid money like railway agents; but republican Senators were told that if they would consent to the confirmation of certain nominees of the democratic persuasion the President would nominate their friends to other positions. Then o rule was made that the Senate would not confirm any nominee who was not friendly to the Senators from whose State the person was nominated, This custom became one of the comities of Senatorial life, and so continues, Asa consequence, we found republicans and democrats in the patronage business—Edwin D. Morgan and Fernando Wood in partner- ship—Mr. Morgan managing the Senate, Mr. Wood the President, and dividing the profits between them. Nothing more unworthy or corrupting to public morals had been seen since the Senators in Rome sold the purple. Step by step the combination was made which resulted in the partition of the honors and responsibilities of the Presidential office be- tween a scheming democrat and a republican place-hunter. Tho ambitious and unscrupu- lous mon of both parties came to the front. They divided the Senate between them, anda President who bad sworn to execute the laws was compelled to remit their execution to a political alliance in the Senate. This gave the Senate tremendous power. It was the power dear to ambitious men. While in England we see members of the Commons, who happen to inherit the peerage, lamenting the hard fate that makes them lords, in America every member was yearning to abandon his proud place as a Representative of the people for the more comprehensive, the more profitable and the better assumed duties of a Senator. The Senate retained the power under Grant which it had wrenched from Johnson. With power came arrogance. Instead of the saucer cooling the burning tea from the cup the tea burned fiercer. Instead of checking the extravagances of a popular assembly the Senate has taken the lead of every phase of extravagant legislation, It has become the fountain of jobbery and corrup- tion—the source of land grants and dishonest reserve proposals. The country would be amazed to know how many Senators aro the paid attorneys of railway and other corpora- tions—attorneys paid to ‘practise in the Su- preme Court.’’ The country does know that the most notorious men in our public life are in the Senate, that Senators who went to Washington poor have become rich; and they have seen its members do spiteful and mean things, like the rejection of Mr. Hoar, one of the conspicuous men of the time, simply be- cause he had been ill-tempered with the poli- ticians when they came to bother him as At- torney General. After rejecting Mr. Hoar we can readily understand why it removed Mr. Sumner, the best informed man in public life on foreign afthirs, from the committee, and gave the place to a gentleman who probably does not know whether the Danubian Prin- cipalities are in Europe or Asia Minor. The Senate is no longer a compact repre- sentative body. It does not represent even the States. In ono State a Senator is chosen by the money of a railroad ; in another by his own money. One Senator is known to be the agent of this interest ; another as the agent of a second interest. No shrewd railroad man- ager will be without his Senator. We should not like to guess at the number on the books of Thomas A. Scott or T. 0. Durant or Dick Franchot. We know who represents the Bank of California; we should like to know all who were owned by Jay Cooke and the Northern Pacific. The glory of the old Senate has departed, and we have some greedy, selfish cliques. There is a small but mainly a feeble class of respectable men like Frelinghuysen and Edmunds and Anthony. Then comes the muscular, aggressive class, with Carpenter, Morton, Chandler; the moneyed class, like Cameron, Hamilton, Sprague and Jones, and the drift of adventurers from the Southern States, from Florida and Alabama and South Carolina, who presume to sit in the seats and vote themselves back pay as the successors of John ©. Calhoun, Felix Grundy, J. P. Ben- jamin, Robert Hunter and John ©. Breckin- ridge. We shall not needlessly write names, but the country knows well to whom we refer. It knows that there is no feature of this de- plorable time more marked than the lowering of the Senate. When we consider the manner of men in the Senate, their overruling motives, their greed for money and patronage, their enmity to any measure that will limit their power, we cannot marvel that even Grant has surrendered. Ho could do nothing without the Senate, could not even remove an officer of his Cabinet. Of course he sur- rendered. He might have fought the Senate ; but he saw how Johnson failed. It required more civic courage and foresight than Grant possesses to see that while Johnson wounded and dssailed the country he had the country with him. The Senate fought Johnson and ended in dividing the patronage with him. Then it fought no longer. It menaced Grant until he threw Hoar and Cox into its shambles. Then it became acquiescent. As long as Grant strove to give tone and majesty to his ad- ministration and to elevate the public service the Senate stood in his path, like the ominous giant who threatened the pilgrim Christian on his way to the land of Beulah and the gates of the house called Beautiful. To-day it is an independent power, composed largely of auda- cious men, representing the lowest strata in our political life, owing allegiance to railroads and tariff combinations and monopolies—caring nothing for the people whom it does not represent, and to whom it only owes a remote and contingent responsi- bility—warring upon the Executive until it was appeased with patronage, and then sink- ing into complete obedience to his will. The anomaly of a body of men making laws, con- firming and vetoing appointments, taking o direct part in every measure of peace and war, and holding no responsibility to the people, is a scandal to free government and the prolific source of many of the evils which now distress and wound the Republic. We see no way to eradicate the spirit of Cmsarism and take measures against future danger to our liberties that does not contemplate an amendment and a limitation of the’ powers of the Senate. It threatens to become a rank and luxuriant growth—a compact, irresponsible, aggressive power—craving dynastic honors, an assurance of strength that does not exist in the muta- tions of democracy, and in time conspiring to dominate the whole Republic, as many of its members now dominate the unhappy Southern members of our confederacy, Tue Bovrzon Fuston Sarp To Bz Oom- PieTED.—Ono of our latest cable despatches gives us to understand that the Count de Chambord has decided to abdicate the French throne in favor of the Count de Paris, so soon as his sovereign right to rule over France has been formally recognized by the French peo- ple. This seems to be a satisfactory solution of the Bourbon difficulty. It is not the first time that the Bourbons have counted without their host. It will be time enough for De Chambord to dispose of the French crown when he gets it, Still, it must be admitted that the event points to a restoration of the monarchy. Enrenorn WitttaM and THE Oxp CatHo- urcs.—Some few days ago we were made aware that the Old Catholics of Germany had elected Bishop Rienkins to preside over them. This, it was felt, was a most important step towards consolidation. It now appears that Emperor William has formally recognized Bishop Rienkins as Bishop of the Catholic Church, We now wait for the action of the King of Bavaria and the Emperor of Austria. Their recognition of the new bishop will in- eugurate a new and dangerous schism. Tho “Old Catholics’ may yet give tho religious world some trouble, The Financial Situation. It was generally supposed, with the retire- ment of the money changers from Wall street on Saturday afternoon, that the intervention of the Sabbath as a day of rest, a lucid inter- val of cool reflection, would be followed by a restoration of order and confidence ‘on *Change,”’ with the reassembling there of the bulls and bears, depositors and bankers, buyers and sellers, borrowers and lenders, on Monday morning. But our bankers, brokers and speculators wero not in the mood yesterday for rest, recreation or spiritual instruction. They had heard that President Grant and his Secretary of the Treasury would, at the Fifth Avenue Hotel, hold a consultation in the morning with our doctors of finance as to the diagnosis of and the treatment required for this unaccountable and boisterous panic among the stockjobbers ; and accordingly, From morn to noon, from noon to dewy eve, and far into the night, the excited crowd which had created the confusion of Babel among the curbstone brokers on Saturday was gathered at and around the President's temporary headquarters, discussing the policy and the probable action of the government and the prospect for the morrow. From a corps of active reporters detailed for the work we give on another page of this paper the results of the consultation between our leading financiers and the President and Secretary Richardson, and the opinions, expectations and apprehensions of vari- ous partios on the situation and its difficulties, dangers and necessities, The government, it is understood, for the relief of the banks and merchants, has decided to buy at one per cent above par all the five-twenty bonds that may be offered it to the extent of a hundred millions if brought in; but, from the small amount secured of the ten millions which the Treasury was prepared to purchase on Saturday, it is apprehended that the bondholders will hardly meet the ex- pectations of the Treasury to-day. There was a persistent effort made yes- terday by bankers and capitalists to induce the President to throw into the market some thirty millions of the Treasury reserve of forty-four millions of greenbacks; but, from the restrictions of the law, the President and his Secretary held to it that they had no alternative but rejection of this proposition, We are informed, however, that if after a day or two there shall be no improvement in the situation the President, in deference to the public necessity, will assume the responsibility of drawing upon his reserve of greenbacks for the general relief, trusting to an approval of his course by Con- S. What will be the course of the banks mean- time will probably be disclosed by their action this morning. The Secretary of the Treasury is encouraged by their agreement to sustain and assist each other, and, with this understanding among the banks and the co-operation of the government to the extent which the conditions of the time may demand, he is hopeful of a speedy deliverance of banks and merchants from their appre- hended embarrassments. This Wall street panic, considered in con- nection with the present prosperous condi- tion of the country, is a paradox without a parallel. So far the fluctuations of the gold market have been limited to the fractions of a penny or two—the na- tional currency, in fact, is not affected by the collapse of these railway houses and their appendages. The general cry is for @ few more millions of the national currency; the public confidence in this universal paper circulation of the country’is unshaken, and here we have a basis of security against any general financial disturbance which we never possessed under any other system. The question now to be determined by the government is the question of a tem- porary paper inflation, to meet an extraordi- nary contingency, though by many financiers it is held that the smallest paper inflation involves o further postpone- ment of a return to specie pay- ments. From all sides, however, we hear the complaint that the paper circulation of the country is not equal to the business wants of the country. In any event, if an additional sum of twenty, thirty or fifty millions of currency will relieve our banks and merchants from the embarrassments which otherwise threaten them, the President will be endorsed by Congress and the country in this timely measure of relief. Meantime we are unshaken in our belief that this black squall will soon blow over, and that the gen- eral business affairs of the country will not suffer or be endangered by this senseless Wall street panic. The Condition of the © Finances The Comptroller's Kesistance of In- vestigation. The Board of Aldermen havo very properly adopted a resolution empowering the commis- sioners for the examination of the books and accounts of the several city departments to employ such clerical help as may be necessary in order to enable them to properly por- form their important and responsible duty. Heretofore they have been denied assistance through the instrumentality of the Comp- troller, and that officer has thrown every pos- sible obstacle in the way of the commissioners in their attempted investigation of the affairs of the Finance Department. There can be but one of two reasons for this singular action on the part of Comptroller Green. Either he regards himself og above the law and is too arrogant to allow the legal and properly constituted authorities to make any examination of the department over which he presides, or ho is anxious to conceal from the people the real condition of the city finances and the actual manner in which they are managed. The commission is provided for by the law; its du- ties are defined by the law, and by the law the heads of the several city departments, in- cluding the head of the Finance Department, are required to give the commissioners all the information, and to afford them all the facili- ties they require for the purposes of their ex- amination, The Comptroller violates the law when he obstructs the commission in the dis- charge of their duties and withholds from them the information they eeck from his de- partment. ‘ Enough is now knowa of Mr. Green's finan- cial management to satisfy the people of its inefficiency and ruinous stupidity. The tax- payers, who see the debt and interest account swelling enormously, and the taxes not dimin- ishing; the property owners, who find their Property a dead loss on their hands from the entire abandonment of all public improvo- ments; the creditors of the city, who are driven into litigation to recover the most honest claims ; the people, who find the growth and prosperity of the city hindered by the Comptroller's scrub-woman parsimony and financial incompetency, demand exact infor- mation as to the condition of the city finances. Why does Mr. Green withhold it in defiance of the law? It is shrewdly conjectured that ono reason of Mr. Green's contumacy is that he is anxious to conceal from the people the amount of un- paid claims against the city, which are com- puted to amount to over ten millions of dol- lars, on which seven por cent interest is ac- cruing. One claim alone now under litiga- tion amounts to nearly a million dollars, Mr. Green has not the courage to deal positively with these claims—to pay what is just and refuse what is unjust. A large pro- portion must be collected with interest, as every day’s law proceedings prove; and profit- able compromises might be made but for Mr. Green’s incompetency. The fire telegraph claim was fought by the Comptroller, and was at last collected with costs and interest which largely increased the amount paid by the taxpayers. Ina claim of fifteen thousand dollars for water sprinkling on the uptown roads the claimant begged a settlement at Mr. Green's hand for ten thousand dollars, This was refused, the claim was sued and the full amount with costs and interest had to be paid by the city. The Brown street cleaning claim was offered by tho claimant to be set. tled for seventy-five cents on tho dollar. Mr. Green's refusal drove the claimant to tho courts and now there is a fair prospect that the full amount, with costs and interest, will be recovered. The Monheimer claim, after being fought by the Comptroller, was settled at a dead loss to the city of about fifteen thousand dollars, and so on through a long list of liti- gated claims, Another reason why the Comptroller fences off and obstructs the duties of the Account Commissioners is ramored to be tho present condition of the trust account. It is said that the Commission would find tho trust account to have been largely borrowed from in an illegitimate manner, in order that the tax- ation fund might be kept down and the ap- parent aggregate of bonds diminished. Since Mr. Green took office two years ago his department has never made a written ro- port. All other city departments have made annual reports, Even Comptroller Connolly gave us a book once a year from the Finance Department. Mr. Green only favors the pub- lic with columns of figures without explana- tions or comments, and a list of war- rants by numbers, amounts and payees’ names, huddled together as they ap- pear in his day books. There are no annual Comptroller's reports for 1871, 1872 or 1873, Why have they been discontinued? The Secretary of the United States Treasury the Comptroller of the State, all public finan- cial heads make annual reports; why is Mr. Green to be exempted from the duty? If he does not dare to make a report, the charter invites the Mayor to demand one; and it is the duty of Mr. Havemeyer to see that Mr. Green’s department is no longer suffered to be veiled in mystery. It is also the duty of the Mayor and the Board of Aldermen to seo that the Finance Department obeys the law and lays its books and accounts open before the examin- ing Commission. It they neglect this duty they will share the responsibility of any malad- ministration in that department. The Panic in the Pulpits. It would have been strange, indeed, if the great panic which has convulsed this city and sent its influence throughout our entire coun- try and across the ocean to Europe had passed by unnoticed by our religious teachers. Some of them have commented on it and drawn practical lessons therefrom. But the majority have let it go unheeded, asif it was of no account. Riches take to themselves wings and fly away, and this is but the periodic flight of what men look upon as real and enduring. Dr. Talmage looked yester- day in the faces of men worn from the excite- ment of the past week, and reminded them that Wall street ends, not at the East River, but at Greenwood, for too many of them. They are dashing their lives out against money safes, or go trudging about with their stores on their backs, sweating like camels and making their lives a crucifixion. He would have them let up from this perpetual grinding, give a little more attention to their homes and make them attractive for their children; and especially those who have Christian homes should consecrate them and make them happy, and teach their children that religion is great gladness and that it throws a chain of gold about the neck. The great need of Brooklyn to-day, he considered, is just such homes; and we may add, it is the great need of New York and of other cities also, And, mayhap, God is calling business men away from their money-gettiug to their Christian homes and firesides by these financial troubles. At any rate, lessons of the utmost importance may be drawn from this panic if men will only heed its teaching. Incidentally Mr. Frothingham referred to the frauds and defalcations and failures of recent date in Brooklyn and New York in proof that tho drag downward is still on humanity. Nothing but faith can keep the ideal God before the mind and cause the transfiguration from the actual to the ideal in life. As face answereth to face in glass so mien, by looking into Jesus, come eventually to be like Him. The redemption that is in Christ Josus in its fulness and freeness was offered yesterday to the French congregation in the University place chapel by Dr. Reichel, of Switzerland, a delegate to the Evangelical Alliance, who told “the old, old story’’ with true simplicity and pathos, Rev. Dr. Parker, of London, another del- egate to the Alliance, preached in the West Presbyterian church on the subject of Christian courtesy—a subject not as much thought of nor so generally practised as it should be, It is not often enforced from the pulpits as a virtue to be cultivated, because it is deemed a matter outside the range of religious teaching ; but if some other things were excluded and this were advanced occasionally great good might result from it. The assumed sectarian narrowness of the Evangelical Alliance in excluding from its councils Universalists and Unitarians was freely but rather kindly commented on yesterday by the Rev. Mr. Pullman in the Church of Our Saviour. Ho looked forward toa time when the advanced thought of the present day would be acknowledged and recognized in the term “Evangelical.” Although the Uni- versalist Church is not invited to participate in the meetings of the Alliance, he predicted that Universalism will be there uninvited, as we doubt not it will be. The care and culture of children was never more important to Catholics than it is now. Hence it demands and receives its full share of attention from priests and people of Catho- lic faith. Dr. Brann spoke about it yester- day in St. James’ church, and while demand- ing a religious education for their chil- dren he objected to having them taught in the public schools—first, because these aro Protestant, and, second, because they are too extravagant and are controlled by politicians. If Catholics could get their own version of the Bibleand their catechism, which explains it, into the schools, the Doctor thinks no Catholic would then object. Of course not; but Protestants would, and on similar grounds to those on which Catholics now object. Tho schools would then be Catholic, as they are now declared to be Protestant. Suppose the Protestants should demand their propor- tion of the school taxes to support independent denominational schools, there can hardly be a doubt that the» common schools would be scattered to the winds, and thousands of children who now receive an education in them, godless though it may be, as alleged, could not help growing up ignorant vaga- bonds, a terror to the community and a dis- grace to our boasted nineteenth century civilization. If Catholic parents would give their children religious instruction at home, as Protestant parents do, their children could not be materially affected for good or ill by the reading of the Scriptures, however much or little, in the public schools, And as wo haye heard it read in some schools we do not believe a child could catch or remember one word in twenty that is read. But, Bible or no Bible, Douay version or St. James’, wo must, for society’s sake, hold on to the com~ mon school system of education at any cost. Dr. Loomis oceupied Plymouth pulpit to present the claims of the seamen for the word of life upon their Christian fellow men. He told the congregation what they owed to com- merce, and asked for dividends on their profits. But at such a time as this, when bankers and business men aro failing and scarcely know which way to turn, there is, we fear, a very poor chance for Jack to get his Gospel dividend. He deserves richly, however, and by and by, when the abundance of the sea shall be converted unto Christ and the forces of the Gentiles shall come unto Him, the hardy sons of ocean will reap a richer reward and secure a nobler dividend than any that we can pay to them now. The Catholics of Huntington, L. I, varied the excitement of that now notable village by getting the Bishop of Brooklyn out there yes- terday to bless a new bell for their churoh, and to preach to them on the call to the Gos- pel ministry and the institutions of the church. Prorzsson Krxe’s Bantoon Exrzprrioy.— Professor King, in his balloon, with four companions (including » Hzraxp correspond- ent, whose interesting report we have pub- lished), left Buffalo on Tuesday afternoon, at @ quarter to three o'clock, and in the evening they landed in Hornby township, Steuben county, where, after anchoring the balloon, they sought other lodgings, and remained for the night. Inthe morning Mr. King set out again alone, and in the evening he came down in the country, near Oxford, Chenango county, some twenty-five or thirty miles north of Binghamton, where, again anchoring his balloon, he remained over night, and in the morning, returning to his basket, he was towed into Oxford by a triumphal procession of citizens, where his aérial chariot was anchored in the public square, and where, an hour or two later, the gas was discharged and the expedition terminated. It was a capital ascension, and will go far to show that with a good balloon, a large extra supply of gas and the required ballast an experienced atronaut, descending to tho land from point to point for rest and refreshments, may, under favoring winds, cross the Continent, PERSONAL INTELLIGENCE. Ham & Carver are the proprictora of the Dubuque (lowa) Herald, Count Richard Nugent, of England, is stopping Barnum’s Hotel. General Phil, Sheridan was the lion of Pittsburg, Pa., on Tuesday last. Nelson Dingley, Jr., the Governor elect of Maine is editor of the Lewiston Journal, ‘The Sultan of Turkey and the Shah still disagree as to which is the Caliph of Islamism. General A. Dockery, ex-Congressman from North Carolina, 1s at the Marlborough House. Mr. John 8. Delano, gon ofthe Secretary of the Interior, is still quite ill at St. Paul, Minn. Paymaster Samuel T. Browne, of the United States Navy, 1s registered at tho New York Hotel, Senator Wright, of Iowa, is anxious that the world should know that he “covered” his back pay into the Treasury. ‘The day before the failure of Jay Cooke he enter- tained President Grant at his palatial residence, at Chelton Hill, near Philadelphia. Lieutenant James Cranston, United States Army, who, some years ago was a journeyman printer, is spending a brief furlough in Berkshire, Mass, Two editors will be in the next Maine Legisla- ture—J, E. Butler, of the Biddeford Journal, in the Senate, and Stanley P. Pullen, of the Portland Press, in the House. All the summer resorters who are returning home now look weary and careworn, and many who departed in carriages are sneaking vack after dark in the street cara. ‘There were two “Buffalo Bills” in Wheeling, W. Va., last week, and both claimed to be the Simon Pure, A regular “genuine old original Jacops’’ war is likely to spring up between them. Among the passengers of the Rising Star, which galled for Aspinwall yesterday, were James L. Plun- kett and Henry S. Grafton, officers of the Peruvian Navy, who served with distinction in the United States Navy during the late war. They are en route for Callao, Peru. John A. Dix, Governor of the State of Now York, Thurlow Weed, one of the oldest editors in the United States, and Daniel Drew, the Wall street Methodist militonatre, are pensioners on the gov~ ernment, they all having been soldiers of the war of 1812, Weed played a five, Dix carried the flag and Drew carried a musket. ne Mr. Karasima, one of the Kugés at the Mikado's court in Yokohama, Japan, has been buried alter the European fashion, The body, enclosed in a foreign made coffin, was transported to the place of interment in @ hearse, which was followed by eleven carriages, occupied by tho higher oMoctals of the government, Mr, Karasinje did not witness the langvation.

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