The New York Herald Newspaper, September 28, 1873, Page 9

NEW YORK HERALD, SUNDAY, SEPTEMBER 28, 187%—QUADRUPLE SHEET. NEW YORK HERALD ,BROADWAY ASD ANN STREET. JAMES GORDON BENNETT, PROPRIETOR Volume XXXVIII. AMUSEMENTS TO-MORROW EVENING. BOWERY THEATRE, Bowery.—Lire; Is Morw axp Sunset. BROADWAY THEATRE, 726 and 780 Broadway.—Oruna Bourre—Axsovt Town. OLYMPIC THEATRE, Broadway, between Houston and Bleecker sts.—Mapakx Ancor's (pup. st THEATRE COMIQUE, No. 514 Broadway.—Vawtery Ewrenrainwent. saicaetae NIBLO'S GARDEN, Broadway, between Prince and Houston sts.—Tux Brack Croox. GRAND OPERA HOU: st. —Haontep Houses. ACADEMY OF MUSIC. Travian Orwra—La Tra’ fighth av. and Twenty-third l4th street and Irving place.— TA, MRS. F. B. CONWAY'S BROOKLYN THKATRE.— ‘Tux New Macpacen, WOOD'S MUSEUM, Broadway, corner Thirtieth st— Sain Fax. Aiternodn and evening. Fs thr BOOTH'S THEATRI = ROOOTH'S THEATRE, Sixth ay. and Twenty-third st NEW LYCEUM THEATRE, 14th street and 6th av.— Notes Dawe. BROOKLYN ACADEMY OF MUSIC, Montague st— Oruxu10. METROPOLITAN THEATRE, 585 Broadway.—Vanrerr /AINMENT. BRYANT’S OPERA HOUSE, Twenty-third st., corner av.—Necro Minstretsy, &c. TONY PASTOR'S OPERA HOUSE, No. 21 Bowery.— Vanier Extxetaixuent. PARK THEATRE, Brooklyn, opposite City Hall.— AND JULIET. ROBINSON HAL, Manionerrss. Matines Sixteenth ats street.—Tue Rovrar STEINWAY HALL, plaeo.—-Prustipicrrati ith st., between 3d av. and Irving HOOLEY'S OPERA HOUSE, Court street, Brooklyn.— San Francisco MInstreus. AMERICAN INSTITUTE FAIR, 34 av., between 634 @nd 64th sis. Afternoon and evening. NEW YORK MUSEUM OF ANATOMY, No, 618 Broad- ‘way.—Screnox axp Ant. ae KAHN'S MUSEUM, No. 688 Broadway.—Scrncx and QUA DRUP BH SHEET. Wew York, Sunday, Sept. 28, 1873, THE NEWS OF YESTERDAY. Prenat abelee To-Day’s Contents of the Herald. “THE TRANSPORTATION QUESTION AND THE OITY OF NEW YORK! THE INCOMPE- TENCY OF OUR MUNICIPAL GOVERN- MENT!""—EDITORIAL LBADER—EicuTa Page. SHOCKING BARBARITIES IN HONDURAS! As- SASSINATION UNDER COVER OF A FLAG OF TRUCE! THE AMERICAN FLAG TORN TO PIECES! FOREIGN PROPERTY DE- STROYED! A BRITISH GUNBOAT BOM- BARDS OMOA AND FORCES COMPENSA- TION AND RETRACTION—NinTH Pace, 4 FRIGHTFUL BILL OF MORTALITY FROM YELLOW FEVER IN SHREVEPORT, LA.! NAMES OF THE PROMINENT DEAD OF YESTERDAY! HOPES OF A DECREASE IN VIRULENCE—NINTH PAGE. EXPLORING AFRICA! GERMAN, ENGLISH AND FRENCR EXPEDITIONS PUSHING THEIR WAY TOWARD THE HEART OF THE CON- TINENT! A SECOND STANLEY CALLED FOR—FirTH Page. RELIEF FOR THE MONEY MARKET! GOVERN- MENT TO PREPAY THE NOVEMBER IN- TEREST! PROPOSED RETURN TO SPECIE PAYMENTS! THE STOCK EXUHANGE TO RESUME BUSINESS ON TUESDAY—Firru Pace. 4 ROSEATE OUTLOOK. IN WALL STREET AF- FAIRS! THE STOCK EXCHANGE REOPEN- ING! MONETARY EASE AND ADVANCING PRICES! GOLD IMPORTS—SxventH PAGE, GOLD FROM ENGLAND FOR AMERICA! WITH- DRAWALS FROM BANK AND STREET PUR- CHASES—NINTH PAGE. NINE RAILWAY ACCIDENTS IN ENGLAND YES- TERDAY—THE BROTHER OF THE LATE EMPEROR OF MUROCCO SECURES THE THRONE—NINTH Pas, DIVINE WORSHIP IN THE CHURCHES TO-DAY! ADVERTISING IN THE RELIGIOUS PAPERS! FATHER GAVAZZI AND THE EVANGELI- CAL ALLIANCE! DR, HUEBSCH ON THE PANIC—SixTH Pace. AN AMERICAN RAID INTO MEXICO! THE IRE OF THE “GREASERS'"—Ninvu Pace. INTERESTING AQUATIC REGATTA AT LITTLE FERRY, N. J.!| WINNERS OF THE RIDGE- FIELD CLUB PRIZES—TWELFTH PaGE. THE POLITICAL FIELD IN THE METROPOLIS! APOLLO HALL GIVEN A HAND IN THE “NEW DEAL” OF ELECTION INSPECTORS! CANDIDATES AND THEIR CHANCES— FIGHTS OF THE KINGS COUNTY FAC- TIONS—NINTH PAGE. JAMES GRAHAM'S MURDERERS! FURTHER DE- VELOPMENTS IN THE LITTLE NECK HOR- ROR—THE ERIE- BURG = TROUBLE— TWELFTH PAGE. A DEATH MYSTERY IN AN EAST SIDE TENE- MENT—A FATAL PUSH—A WEALTHY MERCHANT DIES BY HIS OWN HAND— PAYING TAXES—SEVENTH Pace. CONSTERNATION AMONG “THE FANCY” AT PROSPECT PARK! A SWINDLE 'OPPED FOR THE NONCE! EXUELLE! TROT- TING—FINE RIFLE CONTEST AT CREED- MOOR—NOTABLE MUSICAL AND DRA- MATIC EVENTS—Sixtn Page. Kio Victor Emmanver, from his little confidential conversation at Berlin with Prince Bismarck, has returned homeward, satisfied, most likely, that if the Bourbons of France undertake to turn the King out of Rome, they will rue the day. That this Roman question was the business of the King's late visit to Austria and Germany we cannot doubt. Sap Consequences or Revouvtionary Act- tation rx Honpvuras.—By telegram from Kingston, Jamaica, we have important news from Honduras, which was conveyed to that port by the British war vessel Niobe. General Estraba’s troops, in position at Omoa, had assassinated the men of a detachment of Palacios’ forces, who had approached the fort under shelter of a flag of truce. They then proceeded to sack Omoa, imprisoned all the British subjects found there, gutted foreign consulates, and extemporized all the realities of s general war plunder in an excellently natural style. The Niobe arrived at the critical moment. Her commander demanded the re- lease of the imprisoned foreigners, and expla- nations. The authorities refused compliance, when the Englishman sent a shot or two into the ancient municipality. The bombardment had the desired effect. ‘God and liberty and most distinguished consideration’ followed in ‘the usual local form, and everything was made ptraight for the present. When shall we hear the last of those traffickers in Central and South American revolutions? ‘Tne Transportation Question and the City of New York—The Incompetency of Our Munieipal Government. While the members of the Joint Commit- tee on Transportation are examining the rela- tive advantages of rival routes of water com- munication between the Great West and the seaboard, inquiring into alleged railroad abuses, eating good dinners at other people's expense, and seeking to lay up political capi- tal with the farmers for future use, it is well to remember that there are some important considerations connected with the flow of commerce to and from the ocean which are not embraced within the scope of the com- mittee’s investigation, but which vitally con- cern the gity of New York and cannot be longer overlooked without endangering the supremacy of the metropolis. It is needless to discuss the necessity of greater facilities and cheaper rates of transportation to and from the Western States. This groat public need is now universally admitted, and-the springing into sudden life and vigor of the farmers’ granges affords practi- cal proof that those most interested, the producers, are resolved that the subject shall no longer be ‘lost sight of by work by a liberal system of improve- ment at this end of the route. The docks of New York should be improved from the Battery to the upper end of the island, along both the rivers which hold us in their embrace. The harbor of New York, in ita natural advantages, has not its equal in any other country, and its system of docks should be similarly unrivaled. There appeared to be some prospect, two or three years ago, that this necessary public improvement would be secured, and that we should ono day see along our whole water front massive piers and slips which would accommodate the ship- ping of the world. But the blight of preju- dice, incompetency and scrub-woman parsi- mony fell over the city, and all public enter- prise dropped palsied to the ground. Rapid transit is with us a necessity of commerce, as well as of our very oxistence in the city. This great benefit also appeared promised to us, until small-minded malice and intrigue inter- fered to obstruct its progress, and all hope of securing steam transit through the island died away under the rule of niggardliness and stupidity to which we were doomed. To-day New York is going backwards. ‘The fraud of a bogus reform has swindled the the politicians who rule the national Congress and the Legislatures of the several States, With hundreds of thousands of able-bodied immigrants pouring into the country year ‘after year, and lending their aid to settle and bring into productiveness the broad acres of the West, the evils of insufficient and costly transportation will grow in extent with every passing season, and will become more and more unbearable. We hear of corn which would feed millions of starving people in the crowded cities of the world being fed to ani- mals or left to rot in the fields because of the impossibility of getting it to market. We are told how the farmers are stripped of all their profits on grain by the greedy avarice of railroad corporations, by the insufii- ciency of water transportation, by high tolls and by exorbitant rates of freight; and we cannot fail to recognize the fact that the consumers suffer equally with the producers from these evils in the enhanced cost of living. The question is, How are we to supply an effective remedy— How can we, at the same time, give relief to producer and consumer and swell the com- merce of the country? The benefits of ample water communication between the lakes, our inland scas and the ocean have been proved by the experience of the past. The rapid growth of the West has been, beyond question, materially aided by metrovolis out of a decade of prog- ress, Our taxes are increasing, our debt is growing larger and larger, our finances are in inextricable confusion, our creditors are unpaid, the city is involved in unceasing and costly litigation, and, in the face of all this, the whole system of public improve- ment is paralyzed, and not a single under- taking that can benefit and enrich the metrop- olis isin o healthful condition of progress. The government is crippled and inharmonious; hobbling along feebly on crutches or snarling and snapping like an ill-tempered cur. Thero are in New York but few of those conveniences for commerce which a great city should pos- sess, and it is notorious that on freight coming to the city the cost of handling and storing is often greater than the charge for transporta- ,tion, We need a system of docks such as we were promised three years ago; we need rail- roads for moving freight by steam from end to end of the city; warehouses ample enough to accommodate a commerce whose growth can only be limited by the extent of the facilities we can offer, and means of rapid transit for the population needed to carry on the vast business of the “metropolis. Under a spirited, competent and efficient government we should soon possess all these necessary aids to our growth and prosperity ; under the rule of effete and in- competent men we can never hope to secure the system of ’canals which found early and ipeege Yet while the question of improved effective champions among the ablest citizens of the Empire State. The Erie Canal was opened in 1825. In 1820 the State of Ohio had a population of 581,000; Indiana had 147,000 inhabitants; Kentucky,*564,000; Ten- nessee, 422,000, and Mississippi, 75,000; while the population of Michigan was 9,000, and of Illinois, 55,000. In 1830 the population of Illinois had risen to 157,000 and Michigan to 32,000, while Ohio had‘ advanced to 937,000 and Indiana to 343,000. Under the last census we find Illinois with two millions and a half of people, Indiana with nearly one million and three quarters, Michigan witha million and a quarter; and Ohio approaching two millions and three quarters, We have now the railroads to aid in moving the im- Mense commerce which grows out of this enormous population; but the railroad corpora- tions, soulless as they are, make it their prey and bleed it to the extent of its enfurance. There are dividends to be realized on millions of dollars of watered stock, there are rings to be satisfied, express companies to be fed, and margins to be provided for Congressional and legislative corruption; and for all these the producers and consumers are called upon to pay. Our water communications with the West have meanwhile been neglected. They have not been permitted to keep pace with the rapidly advancing age. When there was no steam engine in existence canal boats drawn by horses were available means of transportation, and the Erie Canal, as well as the other constructed water chan- nels, aided the development and growth of the West. We now live in an age of steam and electricity, and our water channels, to be of any real value, must be capable of being navi- gated by steam. There is no doubt that the Erie Canal should be so enlarged as to admit of the passage of propellers of six hundred tons burden, which would make the trip from Lake Erie to New York in five days and profit- ably carry corn at four cents a bushel. Con- gress has already endorsed the necessity and propriety of such a water channel as a national work. In 1870 Congressman Bennett's bill providing for an enlargement of the Erie Canal by the general government was substi- tuted for the Niagara Ship Canal bill and reported favorably by the unanimous voice of the committees on commerce and appropriations, although it failed in a house owned by the railroad lobby. There is no doubt, also, that the grasping avarice of rail- road corporations should .be controlled by some sort of Congressional legislation. But, as a preliminary to these reforms and as an immediate necessity, New York should per- form her own share of the work of cheapening and accommodating transportation by sup- plying those conveniences at her owmdoors which are so greatly needed, and the absence of which is so seriously damaging her commerce. Senator Sherman, in a speech delivered at Moptreal, uttered sume plain and unanswer- able truths which cover the whole ground of the question of transportation from the West to the seaboard. The West will send its wheat by whatever route offers the lowest rates. Canada has the advantage of water carriage “made by the bands of Almighty God, and Ohio people said that if New York did not offer facilities for the carriage of grain, why, they would bring it into Montreal. The progress of trade and its development know no nationalities and no accidental differences. The West must have an outlet.” There is a volume of warning in this which not New York alone, but the national government, will do well to study. If we desire still to retain the proud title of the Empire State, we must continue to hold control of the commerce of the country. If we desire to make the nation rich and powerful; to foster our shipping in- terests; to increase our revenues; to command the commerce of the world, we must provide and cheapened transportation is agitating the public mind it is time that we should remem- ber the importance of the public improve- ments that are needed in the great centre of the nation’s commerce. It is always well to commence reform at home. While our magnif- icent boulevards are left in an unfinished state throngh the obstructions and spite of the financial department; while our docks are permitted to rot away by slow degrees; while all the wheels of progress in the city are blocked by arrogance, prejudice, obstinacy, false economy and in- competency, we are scarcely in a condition to read homilies to others. Let us seek to infuse some spirit of enterprise and liberality into our municipal government; let us place in power men of sterling integrity and of intel- ligence enough to appreciate the importance of great works of public improvement ; let us push the metropolis forward on the road of progress and prosperity, and we shall then be able to join hands with the great West to offer her the facilities at the seaboard so much needed for her growing commerce, and to unite with her in demanding the solid reforms which are of such vital importance to her people. Statements of Suspended Companies. Jay Cooke & Co. and the Union Trust Com- pany have made statements of their liabilities and assets. As might have been expected, they make an array of figures that does not look so very bad, and hold owt the promise of hope to their creditors. This is generally the case with thoso who suspend or fail. Rarely, however, is the hope held out realized. Still, we have no wish to color the prospect darkly or todo injustice to these companies. We are willing to admit they have the best inten- tions and will do what they can to satisfy their creditors. The liabilities of Jay Cooke & Co., of Philadelphia, New York and Wash- ington, are set down in one lump at $7,938,409 26, and the assets, somewhat in detail, at $15,966,212 17. How much the bills receivable, bank insurance, stocks, bonds and real estate, which are set down at $7,867,640 12, will realize cannot be conjec- tured. Then there is $4,068,215 09 in a loan to the Northern Pacific Railroad Company on bonds of the company, and, again, loans to the same railroad company, on stock of the Oregon Steam Navi- gation Company, to the amount of $1,500,000. Farther, there is $2,530,356 96 in second mortgage railroad bonds, stocks, &c. The assets look large, and we hope they will prove ample to meet in full the liabilities, but we cannot help noticing that nearly all are in stocks and bonds, and mostly in those rail- road securities which have brought about the trouble. The Union Trust Company places its liabili- ties at $6,273,518 52, and its assets at $7,487,295 16. The capital stock of the company is $1,000,000 and, therefore, accord- ing to this representation, which is affirmed on good authority to be correct, the company has a surplus, over liabilities and capital stock, of $217,777 64. We have no detailed state- ment of what makes up these assets, and conse- quently can form no idea of their value, There is one item of $1,500,000 demand debt against the Lake Shore and Michigan Southern Railroad. How much has been loaned to or invested in other railroads we do not know. These railroad securities, or, we might say,’ perhaps, insecurities, appear to have embar- rassed the Trust Company as well as Jay Cooke & Co, Still Mr. Wesley, the receiver, and the other respectable gentlemen forming the committee of investigation express the confident hope that all will come out right and that the company will be able to resume its business. Tue Borvaro Inrenxationa INpvstaran Exurerrron will be opened on the 1st of Octo- against the possibility of the diversion of | ber, and ex-Presidont Fillmore, as the presid- trade from our own great harbor to a foreign port. It is for the mctrovoli: to commence the ing officer on the occasion, will deliver the opening address. Very little has been said of this International entervrise by stand that it will be an imposing affair, and particularly interesting and important in the union of the people from both sides of the border, as the people of two distinct govern- ments whose material interests are the same, Meantime our annual State Fair, held this year at Albany, is in the full tide of a great success, The Pending Opera Season. - ’Tis now the very witching time of opera, when greenrooms yawn and song itself breathes out contagion to this world. Yes, it has come at last. The final prospectus has been printed, the ultimate placard hung up, and now we are to enjoy the sweet and fair substantialities. There is nothing to do now but fold our hands and enjoy the goods the gods have provided. We know everything about everybody. You cannot mention a sin- gle item in the lives of any of the principal warblers, from Nilsson down, but what we know all about it. Woe have studied their lives better than their librettos, and Miss Gushington is as familiar with Mme. Nilsson’s personal history as she is with her Lucia and Violetta. Let us hope that something of the calm of satisfaction is to follow this stupen- dous flutter. ‘i Much of the scenery at the Academy of Music has an archmological value—that is to say, it is of importance in reminding us what the tastes of our ancestors were ages ago. There is, in particular, a Swiss scone whose tenacity of existence lends a melancholy in- terost to its periodic resurrection and discour- ages the hope that it will ever permanently re- turn unto the dust, All that we, therefore, feel justified in begging is that it may not be made to stand for more than one quarter of the globe during the same season, but that its representative value may be strictly limited to the locality intended by the artist. When we find the same scene doing duty for Nova Zembla and Terra del Fuego good nature would prompt us to praise the ingenuity of the stage manager, but good taste, which isan equally valuable gift, would suggest the pro- cural of another scene, and this is a sugges- tion which those who have the management of such affairs at the Academy cannot afford to neglect. Mme. Nilsson, who is, of course, to be the principal attraction of the Strakosch season, will be welcome in whatever impersonation she appears. ‘The desire to greet her warmly is sogreat that no réle, however worn, will materially dampen the ardor. And since this is unquestionably the case the necessity of bringing out any new work might well be questioned by any management that was with- out ambition. Mr. Strakosch is not only anim- presario, but an ambitious one, and therefore intends to produce at least one absolute novelty, the *‘Aida,’’ of Verdi, which has not yet been heard in Paris or London, and only in some of the secondary cities of Europe. Whether or not the title rdle will be repre- sented by Mme. Nilsson is not so much the question as whether the opera asa whole will be so offered as to deserve the plaudits of intelligent judges. The supporters of Italian opera would be doing discredit to themselves to reserve all the prestige they are capable of conferring exclusively for one favorite prima donna, however brilliant in gifts and fhscinating in social graces. But this is a consideration at which we only hint, confident that ‘‘Aida’’ will be so rendered as to throw a shadow of glory over the manage- ment. Aweek after the Academy of Music opera season shall have got under weigh a rival and not inexperienced impresario will have started a campaign at the Grand Opera House, with a prima donna who successtully bore the brunt of last season here, and a tenor who has lived sufficiently long to have afforded almost every other part of the world, excepting the United States, an opportunity of hearing him to repletion. With rivalship of this descrip- tion the season will not lack exceptional piquancy. Gratifying Intelligence from Africa. The American Geographical Society has received a highly important letter from Gaboon, on the West Coast of Africa, describ- ing the operations of the German, English and French expeditions, At last there seems to be aserious effort to penetrate the mysterious regions inhabited by anthropoid monkeys, pigmies and savage pagans. The importance of these enterprises cannot be over estimated, and we hope that the three expeditions will actin harmony. If they do, a great deal can be accomplished. Heretofore the results achieved by travellers as bearing directly on the ethnology of the negro tribes, have been of little value, if we except the labors of Dr. Schweinfurth, the distinguished German explorer. It is this problem—this problem of race—which must be solved to the satisfaction of the world. Darwin has raised reasonable doubts as to the origin of the human family; and it is in these regions eastward from Gaboon that the proofs of his correctness or error can certainly be found. Nor are we blind to the advantages of an open highway across the Equatorial regions of Central Africa, passing through yet unknown peoples and skirting the fountain-heads of the Nile, and de- livering into the Indian Ocean. Dr. Bushnell speaks with pardonable enthusiasm of these purposes in view, but he could not close his letter without a sigh for a ‘Stanley-like” American. Tue Frvanciat Srrvation.—Thero is nothing new in the financial situation, except the an- nouncement that the Stock Exchange is to be reopened on Tuesday. Public confidence is in a great measure restored and ordinary busi- ness has gone on so smoothly during the week in its ordinary channels that no danger is to be anticipated. The only danger, as we re- marked the other day, is ina sudden bounding of stocks consequent upon the reaction, and this fear is already realized in some degree. Stocks went up yesterday from two to fifteen per cent, but ar@ not yet above the ruling prices previous to the panic. It is to be hoped that when the Stock Exchange opens this preliminary rebound will mark the extent of the rise. Indeed, it was scarcely fair at any time to assume that the depression was as great as it seemed, and the fact that money was more abundant yesterday at reasonable rates than at any time during the panic, proves that business was only waiting for the return of confidence to go on again as if nothing had occurred to disturb it. %& money remains easy and public confidenese continues the financial flurry may be said to be over The Religious Press—Their Views on the Financial Situation and Other Matters. The chief topic of consideration in our principal religious papers this week is na- turally the recent financial revulsion, if we may be justified in terming as recent that which may be prolonged for some days to come. The Independent likens the crash to an earth- quake shock. ‘But no one,’’ it says, ‘could have supposed that when the crash should come the first house to fall would be so stoutly built and buttressed as that of Jay Cooke & Co. eThe Independent proceeds to descant upon the moral view of the shock: — The moral side to the disaster is the old lesson of ; frugality, which is the only path to solvency, If We would be sale, as well a8 prosperous, we must ay Our Way as we go. Ii there is a railroad tobe ut the stockholders must not expect the bond- holders to provide all the money, Business must be reduced just as far as possible to a cash basis, remembering the text, “Owe no man anything ex- cept to love one another.”” In regard to the Evangelical Alliance, which, next to the financial crash, is the sub- ject most talked about in some circles of so- ciety, the Independent avers that ‘the Vatican Council has been followed by a low thunder of protest and defiance ‘from almost every Catho- lio country of Christendom. ‘he rulers may all be in error; but they declare, with aaton- ishing unanimity, that the action of that Council menaces the stability of their thrones and the liberties of their people.”” No such result as this will follow the meeting of the Protestant Council. The Methodist orscularly declares that “never has there been less reason for general panic than there is now,’’ and concludes that there are causes to explain the disasters which have overtaken financial houses and which fix the limits of those disasters. “Railway building,” says the Methodist, ‘has been pushed to an imprudent length, and bankers have involved themselves in the effort to float the obligations of companies whose roads are not finished. Unquestiona- bly, these corporations have largely discounted the future and have relied upon contingen- cies, of more than ordinary uncertainty for success.” * * * ‘The one saving fact in the condition of the country is that its mercan- tile interests do not respond to the commotion in Wall street. There is » momentary sus- pension of activity, but that is all. Merchants wait till the tempest has subsided.” Tho Evangnlist, speaking of the panic, asks the question, “When will all this stop?” and replies :— Just when men cease to be frightened, when they recover their senses and act with their usual calm- ness and deliberation. There is no occasion for this wild terror. ‘The country is rich, enormously so, Never in all its history did it enjoy such abun- dant prosperity. The Western prairies groan with their harvests. Mines and manulactories yield their wealth. All ordinary Kinds of business are prosecuted with success. As soon, then, ag the ublic returns to reason, and, instead of tearing itself like @ maniac, is “clothed and in its right mind,” all will be well. The Liberal Christian believes the panic not only to have been necessary but fortunate in having come so soon. ‘‘A year later, if it could have been postponed so long,” remarks the editor, “it would have been more ruinous. Clearly, the banks have been diverting, for some years past, an unwarrantable portion of their means to the aid and relief of the stock market, leaving the more legitimate business of the country in an embarrassed condition.” In this connection the Liberal Christian makes the following timely and judicious re- marks: — There needs to be a deeper, earlier and pro- founder dealing with the direction and formation of character in our American youth. Our whole American life tends to a contempt for quiet, steady and sober ways of living and of making a living. We need another kind of teaching respecting the supreme value of character as distinguished irom reputation. There are things which & sensitive, right minded, conscientious young man cannot do, There isa sort of training which would make it impossible for a man to risk other peopie’s money for his own personal advancemeut; to take doubt- tul courses because offering a short road to suc- cess, to associate with swindlers or gamblers, or to pursue any line of business which involved him in constant anxiety as to its moral quality. The Observer is so full of the Evangelical Alliance that it has not space to devote a thought upon the fiscal troubles. It has as- certained, however, that there are more Jews in New York than in Jerusalem or Palestine; more Germans than in Berlin, more Irishmen than in Dublin, more Catholics than in Rome. There being no census returns of religious statistics for this city the number of Jews is estimated by the quantity of Passover biscuits yearly manufactured, just as we suppose the number of Irishmen is ascertained by the quantity of potatoes consumed, or the number of Germans by the quantity of lager beer dis- posed of. The Golden Age is not at all complimentary to the Gogs and Magogs of Wall and Broad streets. Hear it :— : The bankers, the trast companies, the trokers, the stock gamblers—all these become, in such a time as this, a pack of wild beasts, devouring each other and the community at large. Ii the mercan- tile firm of A. T. Stewart & Co. should be guilty of the base practices which Daniel Drew and Commo- dore Vanderbilt last week permitted themselves to adopt it would be chronicled as bankrupt, and would earn the scorn which we trust the commer- cial community will not fail to visit upon the two chief culprits of the last week of agony and an- ‘ish —namely, Daniel Drew and Cornelius Vanaer- Hie May their names become as rotten as their credic The Christian Intelligencer believes that the “financial hero has not yet come to retrieve the fortunes of the day and to turn defeat into victory,’ and asserts that even periods of great financial disaster like the present have their bright side. All of which, it says, is shown in the ‘cordial sympathy which is manifested for honorable houses which have been carried down by the tide of misfortune, and in a marked manner towards tho well known firms of Jay Cooke & Co. and Fisk & Hatch.” The Jewish Messenger takes 9 sensible view of the financial situation. ‘‘Let us clear away the ruins,” says the editor, ‘and then build afresh. If for a few years it shall be impos- sible to interest the public in new railway en- terprises, if investors shall decline to parti- cipate in the pleasures and dangers of new financial institutions, if government bonds shall be universally regarded as the best form of security, if everybody who has saved a few thousands shall address himself to the study of his duties to the public and to himself—the lesson of this week will continue to be im- pressed, and we shall be the wiser for the ex- perience.’’ The Christian in the World, Rev. Dr. Fulton, is prayerfully touched over the melancholy position of the brothers Cooke. ‘Confi- dence,” says f¥e editor, “finds its corner stone in character, and character, to be valu- able, must be the outgrowth of a consecra- tion of heart to God and the highest interests of men, - Because the Cookes have used their gteat opportunities to help the nation, to out- line paths for commerce, to build up the cause of Christ at home and abroad, men, even ne hg nnn, UIE wicked men, wept when misfortune struck them, and thousands stand by them in this the hour of trial." The spectacle of wicked men weeping over the misfortune of Jay Cooke & Co. must have been a very touching one. The Christian Union discourses on the Evan- gelical Alliance, but has not yet heard any- thing about the financial upheaval. The Tablet and Cutholic Review still advocate the proposed American pilgrimage to Paray le Monial, the Prison of the Vatican, the Holy Sepulchre of Jerusalem and other hely places of the East and Europe. The Freeman's Journal, generally very out- spoken, is unusually so in an article on the “Political Position in New York."’ On this subject the editor says:— ‘There is an insidious party, with velvet covered claws, advancing on us, This 18 the party finan ctally represented by Jay Cooke & Vo. and Fisk & Hatch. They are morally more bankrupt than they are financially ; but our poor people are not a carey ful in examining morals as they are paper coun- terfeit representatives of money! Bankrupt and disgraced, financially, they will all the more seek, by a'l manner of pretences, to succeed politically. There will be a desperate struggle in this city and im the State of New York to secure political power for the very same corrupt “Rt ‘that, last. week, financially frightened this whole country and sent American sbcurities afying in Europe} “If the people of the city and State of New York,’ remarks the Journal, ‘wish to do what can be done to rescue us from the mis- rule of all the ‘reformers’ and quacks, they will rally with courage around the old organi- zation of Tammany Hall.” In the midst of all these worldly troubles, amid all these crashings and slashings in the financial and political worlds, it is a great sat- isfaction to state that our revival intelligence is of the most cheering character. A South- ern brother informs us that Methodists, Pres- byterians and Baptists appear to be working together for the salvatidn of sinners, and hun- dreds are not only joining the Methodist Epis- copal Church, South, but large numbers are also, connecting themselves with other churches. Push the work, brethren, and God will crown your efforts with more abundant success. PERSONAL INTELLIGENCE. A lady was the first “Patron of husbandry.”” The Goddess of Liberty on the $500 greenbacke has been beaten by a British subject. A boy wad recently born in Ottawa with twelve toes. Captain Cook aiscovered New Caledonta on the 4th of September, 1773, On the same date in 1870 the Communists first made head in Paris, ‘Oh, elo- quence of dates,” exclaimed the Bonapartist Gaulots, The Bishop of Fulda (Germany), who was re- cently fined 40 thalers for disobedience to the government, has refused to pay the fine, preferring to endure three} months’ imprisonment in liew thereof. J, A. P, Allen, Collector of the port of New Bed- tord, Mass., and Captain Thurston Macomber, of Fair Haven, commander of the bark Osprey, uave been summoned to England to testify in the Tich- borne case. Ex-Governor Benjamin Gratz Brown is walking about the streets of St. Louis, apparently just as independent as though he had never been de- feated in running tor the oftice of Vice President of the United States. / What is the use of John Bright making a foss in regard to Ashantee? If he should come to this city and go anywhere near Central Park or the Grand Boulevard he will find any number of shanties to make-a talk about. Daniel Pratt, Jr., the great American traveller, editor of the Boston Gridiron, and standing canat- date fer President, with the exception of one voyage to ‘Liverpool in a sailing vessel, has never been 300 miles away from home, General C. P. Stone, formerly of Massachusetts and now Minister of War of Egypt, writes to the Smithsontan Institate that he has procured for it perfect casts of'some of the most remarkable sculpture and bas-relicis in Egypt, Rev. Charles Stovel, of London, England; Rev. Robert Hamilton and Rev. Joseph Wilkins, of Brighton, Sussex, England, being delegatea to at- vend the forthcoming meetings of the Evangelical Alliance, are in Chicago, en route for St. Louis. The following are the ages of the members of the firm of Jay Cooke & Co.:—Jay Cooke is about fifty- two; William @. Moorhead, fifty-eight; Heary D. Cooké, forty-five; H. C. Fannestock, forty-three; Georgo ©. Thomas, forty; Pitt Cooke, forty-two; Jay Cooke, Jr., twenty-six; J. A. Gartland, twenty- eignt. Right Rev. Thomas Foley, D. D., Catholic Bishop of Chicago, having met witha slight relapse, is still at the residence of his brother, Rev, John Foley, of St. Martin’s church, Baltimore. He had intended Jeaving Baltimore this week for his diocese, but, owing to the advice of his physician, has cetermined to defer nis return fora few weeks. The Boston 7ranscript states that ‘Bostonians home from summer sojourns in the country have a realizing sense of the solid confforts of city houses, with gas, bath and all modern conveniences.” How stands the “Hub’’ on the Croton bug ques- tion? or was the Butler canvass bug or humbug enough for one season ? The Shab, while in Paris, had notes made of what he wished toremember. In the Jardin des Plantes. he met one of the chiefs of the institution, M. Chevreul, and recorded his name for future honor- ing. Pursuing his way he was made acquainted witn and had noted the different names of the Me gatherium, the Bos Primogenitus. From Vienna Nassr-ed-din sent to M. Chevreul the decoration of the Order of the Lion and the Sun, and also the same distinction for M. Megatherlum and,M. Bos Primogenitus, WILKIE OOLLINS AT THE LOTOS OLUB, Last evening the Lotos Club gave a reception to Mr. Wilkie Collins, at their house in Irving place. About 250 invitations had been issued to gentle- men for the purpose of their meeting Mr. Collins, and though the hour came, nine o'clock, which was set down for the ceremonies to begin and the rooms were thin, yet at half past ten o'clock every part of the clu> house was crowded with guests, well known im all the liberal professions and in mercantile life, to welcome the distinguished novelist, Among those resent were Dr. e cnesan, Whitelaw Reid, ohn @ Saxe, “Bret ” Richard Henry Stod- dard; Salvin, the tri ;, Alessandro. Salvini, Frederick G. Philips, Edward Perry, Wil- iam Appleton, Jr., Major General Irvin McDowell, John Gilbert, District Attorney Phelps, John mgs Said Professor V. Botts Jerome B. Stilison, Dr. ©. Inslee Pardee, Colon John Hay, Ivory Chamberlain, David @. Croly, T. A. Kennet, Charles Bradiaugh, Dr. Youmans, John B. Bouton, Robert B. Roosevelt, J. Blair Scribner, Fred. G. Gedney, ©, S. Sweet, Harry Palmer, 'T. Addison Richards, Chandos Fulton, Frederick A, Schwab, Signor Campanini, Bye Nanettt, Ww. S., Andrews, Colonel H. 8. Olcott, C. 8 Bretsford and’ many other prominent gentlemen. It was nearly eleven o’clock when Mr. Collins: arrived, and soon after the welcome was given to the guest of the evening by Mr. Whitelaw Reid, the President o1 the Lotos Club, in a very short and sonorous address. Mr. Collins briefly and apropos to the occasion, spi of the kindness he ad received from Americans, and before he had finished he had won the hearts of all. present by his genuine good feeling and enjoyable manner. Short and pithy addresses were then made by Dr. Chapin, Edmund C. Stedman, John Brot Robert B. Rooseveit, Charles Bradiaugh, Signor Salviol (who was translated into fn lish by Mr. Schwab), John G. Saxe, District Phelps, Protessor Botta and other gen After the addresses Mr. Collins was introdut generally to the gentlemen present, and a ve elegant collation was served, to which snoceed some masic, the guests finally ere well nee with the entertainment amd with Mr. olltns OBITUARY. Julian Benedix. Acable telegram from London, under date of yesterday, 27th instant, reports to the HeraLp thas:—‘Jullan Roderick Benedix, a well known German comic poet, is dead.” ‘His productions enjoyed a pretty extensive local reputation, but were scarcely acceptea with national honor by the German peouvle —— welt aa 9