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6 NEW YORK HERALD BROADWAY AND ANN STREET. JAMES GORDON BENNETT, PROPRIETOR Volame XXXVIII... AMUSEMENTS THIS AFTERNOOM AND EVENING, BROADWAY THEATRE, 723 and 730 Broadway.—A Live's Dagan. GRAND OPERA HOUSE, Bighth av. and Twenty-third et. —Huwerr Dumrry Asnoap. PARK THEATRE, Brooklyn, opposite City Hulh— Naw Macpavex. WIFTH AVENUE THEATRE, 2th st. and Broadway.— Poston. LYGRUM THEATRE, Fourteenth st—Stua Warns Rox Durr. BOOTHS THEATRE, Sixth Toner or Leave Man METROPOLITAN THEATRE, Rermurtaisunsr. Matinee at 2). and Twenty-third st.— 585 Browdway.—Vagrery MRS. F. B. CONWAY'S BROOKLYN THEATRE.— | Gunava Caoss TAHRATRE COMIQUE, No. Earseraimsnt. Maunee at BROOKLYN ACADEMY OF MUSIC, Montague st—~+ Unonn Tom's Canin, OLYMPIC THEATRE, Broadway, between Houston and Bleecker sts—Tux Mannix Urakr, Maunee at 4 Broadway,—V aniery NIBIO'S GARDEN, Broadway, between Prince and Houston sts.—Tux Buack Cxoor. WALLACK’S THEATRE, Hroadway aad Thirteenth street —Tun Liar. UNION SQUARE THEATERS. Broadway.—Tux Waxxn Woru Union square, near ACADEMY OF MUSIC, Mth stre Iranian Ureka—Ava. and frying place.~ corner Woops MU: hirtieth st.— Bvenrsovv's I % GERMANIA THEATRE, 14th street and 3d ayente.— Der Eceruant. TONY PASTOR'S OPERA HOUSE, Vaniety Ey renrainment. No. 2M Bowery.— BRYANT: OPERA HOU Bixth av. in TRIPLE SHEET. New York, Wednesday, Dee. THE EWS OF YESTERDAY. To-Day’s Contents of the Herald. “THE PRESIDENT’S MESSAGE! His REPORT, HIS VIEWS AND HIS RECOMMENDATIONS ON OUR FOREIGN AND DOMESTIC AF- FAiRS”—LEADER—SIXTH PaGz, PRESIDENT GRANTS REPORT ON THE 8AN- TIAGO BUTCHERY, SPANISH AND THE CONDITION OF REPARATION HERIES! NO FL BE PERMITTED IN NAVY—Founru Pacs. THE AMERICAN-SPANISH PROTOUOL REJECTED BY THE HOTSPURS OF THE CASINO ES- PANOLi THEY WANT AN OPPORTUNITY TO FIGHT AMERICA SINGLE-HANDED! THE LATEST PHASES OP THE NEGOTIA- TIONS FOR PEACE! TEXT OF THE PRO- TOCUL—SEVENTH PaGH. ww ABOMINABLE ACTS OF THE BLOODTRIRSTY SPANIARDS AT SANTIAGO! BUICHERY OF THE MASONIC GRAND LODGE WIVES AND LITTLE ON % THE BURRIEL He STORING THE cs BLOODHOUNDS—Seventa Page. HUNTED WITH THE SPANISH REPUBLICAN AUTHORITIES ORDER THE REMOVAL OF THE ROYAL EMBLEMS FROM THE NATIQNAL STAND- ARDS! OMINOUS SILENCE OF THE CAR- TAGENA INSURGENTS—Skv2ntu Pace. THE AWFUL SCENES AT THE SINKING OF THE VILLE DU HAVRE! LAX DISCIPLINE IN THE DREAD MOMENTS AFTER THE COL- LISION! THE PERIL OF THE LOCH EARN! GLORIOUS HEROISM OF THE LADIES! COOLNESS OF THE ENGINEER! THE CAP. TAIN’S STATEMENT! THE DROWNED S OND OFFICER CHARGED WITH THE BLUN- DER! GENEROUS TREATMENT OF THY SURVIVORS—THIRD PaGE, DASTARDLY ASSASSINATION OFFICER BY m.NZGRO PRISONER! AR REST OF THE ALLEGED MURDERER— ELEVENTH PaGE, COUNT SEGUR ELEUTED SHCRETARY OF THE FRENCH ASSEMBLY! TIME PROBABLE SUC- CESSOR OF MARQUIS DK NUOAILLUS—SEv- ENTH PAGE. THE NEW CHIEF JUSTICE! SPE TON ITEMS—IMPORTANT TENTH PAGE, FINANCIAL STATUS OF “THE I, WASHING- LATE, NEWS— LIC!” FURTHER INFLA’ THE CURRENCY DISCOURAGED BY THE HEAD OF THE FEDERAL TREASCURY! OUR NEW CUSTOM HOUSE—Firrit Pace, RETURNING TO SPECIE VALUES! THE Pron. ABLE RESULTS OF SPECULATIVE EFFORTS TO DEFEAT NATORAL LAWS! OUR SECURI. TIBS! FINANCIAL AND OOMM NESS—NinTa Pace. MR. DISRAELI’S INSTALLATION AS LOR TOR OF THE GLASGOW U. SOLEMN PRESENTATION OF ERS, THE EARLY JESUT RICAN FINANC CRUSAD- OPAL SCHISM! BISHOP YS AND HIS EMINENT COADJUTORS “REFORM” CHURCH ON OF 1785 VENTH PAGE. JUSTICE AT WORK IN THE HARLEM BOILER FATALITY! FOLEY JUDICIALLY BARRED! ANOTHER SUIT AGAINST THE CITY—THE CHAMBER OF COMME PAVOR SPBEDY RESUMPTION OF SPECIE PAYMENTS— ELevesta Pace. A Descriprive Aupnaverican Lar or Tue Lost axp Save passengers of the ill-fated Ville du Havre will be found in another col- umn of the Heaarp, forming a complete ref- erence for those who may have had friends on | board. 1 A Srxcutar Onusstox.—Hor the first time in the “history of this celebrated Republic” (as the late lamented President Harrison would say) the annual message of General Grant sent to Congress yesterday contains no | allusion to Divine Providence. pious people say ? What will the Tax Press on tHe New Cazer Jvustice.— ‘The New York Sun:—‘A selection unfit to be made." New York Star:--‘‘President Grant has done many strange things, This is the strangest.” New York World :—‘A piece of Indefensible personal favoritism.”” New York Commercial — Advertiser: — “General Grant might have nominated some other gentleman who would have given more satisfaction to the country.” New York Times :—The Prasi- dent has risen above mere party considera- tions in filling the post.” New York Ex a vesacon ‘Neale an experience and ue to the place.” Philadelphia Press :\*Ho has never been called a great man, but he has always been a sale one.” / SLAVERY | THE UNION! | DELAY To | THEIR \ OF A POLIUE } CROPEAN | Phe President's Message—Uis Report, His Views and His Reeomimenda- tions on Our Forcign and Domestic Affairs. The fifth annual Message of Prosident Grant, submitted yesterday to the two houses of Congress, is before our readers. In its report of the workings of the government during the year from December last, and in the views and recommendations of the Ex- ecutive upon our foreign and domestic affairs, itism most important State paper. That it wilt command, to an extraordinary degree, the publie attention, we cannot doubt, con- sidering the universal anxiety manifested touching our critical relatious with Spain, our existing financial embarrassmonts and the general expectation of speedy measures of relief through the recommendations of the President and the congurrent action of Congress, Recent important events are groupod to- gether in the opening af the Message. The impress, if not to starlle, the reason. The President says that in the midst of groat national prosperity a financial crisis has oc- | curred that has brought low fortunes of gigantic proportions; that political partisan- ship has almost ceased to exist, especially in the agricultural regions, amd that finally, the capture upon ¢he high seas of a vessel bearing our flag has for some time throatened the most serious consequences, but that this mat- ter is happily now in the course of a sati tory adjustment, honorable to both nations concerned. We are next assured that, excepting theae complications with Spain, nothing in our relations generally with foreign Powers has occurred during the year calling for special notice. Touching, then, pon the Vienna Exposition, the reception by the young Chinese Emperor in person of the representa- tivea of the Western Powers, the infamous Chinese coolie trade, the osition of the money awarded to the United States by the Geneva Tribunal of Arbitration, our north- western boundary, the aws to British subjects in pursuance of the Treaty of Wash- ington by the Mixed Commission appointed to adjudicate such claims, and passing over our relations with Mexico, Venezuela, Turkey and Egypt, we are arrested by the brief announce- ment in the Message that the Republic of St. Domingo has applied to our gov- ernment to exercise the powers of a pro- tectorate over that Republic, and that this | application is transmitted for the considera- | tion and determination of Congress. We apprebead that an extensive gombina- tion of speculators and adventurers is at the bottom of this movement ; that millions of money will be extracted trom the United States | Treasury by these parties should this protes- torate be established over Dominica, and that the nex; inevitable step will be the aunexation of the Republic, with all the cosis and annoy- ances of a troublesome white elephant. Geu- ' eral Grant, in having no recommendation to make on this glittering but delusive proposi- tion trom Dominica, washes his hands of all responsibility in the premises; and the two houses of Congress will be wise in profiting \ from his experience touahi isle of the sea.” In reference to certain embarrassments of United States citizenship in foreign countries, the facts submitted in the Message are entitled to the early attention of Congress. To our controversy with Spain, arising from the Vir- ginius outrages, asset forth by the Prosident, we devote a separate article, and another to the remedies proposed by the administration for our existing financial troubles. In anticipation of an smendment to the constitution from the present Congress for ratification by the States, reforming our present method of electing the Presidentand Vice Pres- ident of the United States, two other amend- ments are suggested in the Message, ‘to protect the public against the many abuses and waste of pnbhe moneys which creep into appropriation bills and other important meus- ures passing during the expiring hours of Congress,” abuses which, under the constitu- tion as itis, cannot be prevented, These sugges- tions are doubtless intended to apply, among other things, te the Congressional back-pay amendment added to an important appropria. tion bill in the expiring hour of the last Con- gress; but if the President had vetoed that appropriation bill on account of that amend- ment, and at the hazard of an extra sassion of the new Congres#, he would have been sus- | tained in his action by the country. Never- | theless, the constitutional amendments sug- ds mr } | serve for the future a3 an invaluable protece tion to the public treasury. Having adopted the policy of ‘yreparing | for war in time of peace,” the President rea- ommends enlarged appropnations tor the | army and navy, as suggested in the avnuel | report from each of these departinents. He , commends the activity of the Secretary of the Navy in quictly putting some of our most effective monitors in condition for service, whereby ‘the exigency finds us in a much better condition for work (flat is, for the contingency of war) than wa possibly could have been without his action.” For the postal service the expenditures have exceeded tho revenues of the department over five and a quarter millions of dollars, which, under all the circamstances, ig not a discouraging ex- | hibit. Tho President cudorses the numerous reforms proposed by the Postmaster General, including prepayment of postage on news papers, postal savings depositories and postal telegraphs. he satisfactory resulta from the governmental control of the talegraphs in England and other countries of Europes should be a snfficient argument for the adoption of | the postal telegraph system in the United | States, so confidently arged upon Congress | as a measure for the public good by the Post- master General. ‘The difficultias of the United States Courts in their conflict with the Territorial Courts of the necessary lagialation for the removal of these difficulties is urged upon the two houses. The result will probably be a reconstraction of the organte law of the ‘Territory which will bring to an early wettlement the irrepressible conflict between the saints and Gen- tiles. Next the Bankrupt law ig pre sented as productive ot more evil than good and a subject for repeal or material changes, and next, the necessity of providing new tribunals and other safeguards for the protection of the government against fraudu- lent claims is sabmitted. Upon the Indian auostion. while ediorua to his ecsouiled peace this “beautiful | gested on this ground, if adopted, wontld | Utah call for the intervention of Congress, and | policy, General Grant adopted the ides sub- mitted by the Henar last summer, of tho ultimate settlement of all our surviving red men in the Indien Territory and their pro- tection in that land of protaise under a Verri- torial government, A flattering exhibit of the sales of and set- tlements and reserves on the public lands is given, and of the operations of the Pension Bureau and Burean of Education. An extra census for 1875 is recommended, and liberal appropriations tor improvements in the city ot Washington, of which city, he says, ‘from being a most unsightly place three years ago, disagrecable té pass through in suminer, in consequence of the dust arising from the un- paved streets, and almost impassable in the winter from the mud, it is now one ef the most sightly citics- in the country, and can boast of being the best paved.’ Call you this a small compliment to the Governor? On civil service reform, the President still needs some assist- ance trom lawyers, which, itis to be hoped, will be givev. In connection with the admission of Colorado, he recommends a canal, for pur- poses of irrigation, from the eastern slope of the Rocky Mountains to the Missouri River, and a grant of public lands to aid in its con- struction. This subject of irrigation is one of vital importance to all the States and Territo- ties from the great Plains to California; but whether the government should go into this business or leave it to the States and Territo- ries directly concerned, is the question first entitled to consideration. The Message closes with a recommendation of a general amnesty, and a low to secure his civil rights to the enfranchised slave. ‘Thus, the way being indicated, it is probable that Mr. Snumner's Civil Rights bill and the old House bill for a general amnesty, or the Southern white man and black man, arm in arm, will pass throngh the two houses. The Message was ently written simply for the purpose {Of presenting, briefly as deemed pos- sible, the acts of the administration during the past year and the legislative measures which the Executive thinks necessary or expedient upon our foreign and. domestic affairs for the general welfare; and having thus discharged his duty, with his mind re- lieved, he leaves the work suggested to the consideration and the discretion of Congress. as Finances — Recommendations of Our the Wrealdent and the Sceretary’s Report. When Senator Boutwell was Secretary of the Treasury he was so tenacious of his own perverse policy and so thoronghly its advocate that the Prosidons’s Message was generally a document of secondary importance. This rule seems to ba reversed. under Mr. Richardson's | administration of the department, for we find | his report second. in value and interest to | General Grant's recommendations. The President's disonasfon of the financial sitna- fion is curious mixture of sound principles and unsound deductions. He believes with the Herat» thet a specie basis alone can us a sound currency. He also be- lieves with this journal that we cannot reach specie basis until onr experts equel onr imports; but if he offers any suggestion as to the method of increasing our exports itis by making the currency elastic. Put in justaposition there ts in this a mere confusion of ideat—a letting the substance fall to grasp after the shadow. Had Mr. Richardson, instead of telling over again the canses of the panie--the payment of interest on deposits by the banks and the great accu- mulation of money in Wall street during the dull mnonths—taken up this subject and dis- cussed it wisely und well, the country might arrive more nearly at the President's mean- ing. Evidently the increase of exports is not to be attained by currency regulations, So long as we continue to buy what we do not need or what we ought to produce, so long will our imports exceed our exports. Last year the balance of trade agaiust us was $119,550,047. Among the items which con- stitute this heavy snm the President mentions one-—the carrying trade—remarking that we abont $80,060,000 per annum to for- give a gn yodsels for the transportation of our surplus products to a market, thus increasing the balance of trade against us to this amount. To this we might add another ttem; we pay Spain and Cuba about $120,000,000 gold annually for the single arti- cle of sugar. An elastic currency will not in itself buald up our mercantile marine or keep | Cuban sugars out of the American market. Tha two questions of the enrrency and the balance of trade must be separately treated, and thoogh in many respacts they are in- timately related to cach other, we raust not think that evon 4 spavie basis, desirable as it is, will cure all the ille from which we are suffering. } After rewarking the recurring panics and stringency every autumn as the result of the tempting offers of interest on “call” loans, which brings nearly all the enrreney of the | country to the money centres in dull times, there to be used tor pnrposes of the President ealds: “Elasticity im one monetary system, therefore, is the object to be attained first, and next, so may be, as far aa possible, a prevention of the so of other people's money and stock and { othes species of speculation. To prevent the latter it seeus to me that one great step would be taken by prohibiting the national banks from paying interest on deposits, by requiring them ‘to have their reserves in their own vaults, and by forcing them into resumption, though it would be only in leyal tendor notes" For this purpose he sugpesta the establishment of clearing houses and thinks it would be advisable to authorize the Seore- tary ot the Treayury to issue, ut any time, to national banks of issue, any amount of their ' notes below a fixed percentage of their issue, say about forty per ceut, upon the banks depos- {ting with the Treasarer of the United States an. amonnt of government bonds eqnal to the amount of notes demanded, the beuks to forfeit to the governinent say four per aewt of the ipterest accruing on tie bonds so pledged daring the time they remein with the Treasurer as scourity for the increased circulation, the bonda so pledged to he radeemable by the banks at their pleagure, either in whole or in part, by returning their own bills for cancellation to an amount equal to the fava of the bonds withdrawn. And this is about all he does recommend. We eculation, that thoro | NEW YORK HERALD, WEDNESDAY, DECEMBER 3, 1873.—-TRIPLE SHEET, most of the plans yet suggested look only to inflation on the one hand or to compelling the government to pay interest on its own cur- rency whon not in use, and add that his plan, if anything, is nothing more than the support of the monopoly known as the national banking system. All the public documents submitted to Con- gress yesterday—the report of the Comptroller of the Currency, the Secretary of the Treas- ury’s report and the President's Message— look to the support of the national banks. Instead of sweeping the system out of exist- ence the officials at Washington would foster and sustain it. The Prosident, while prohibit- ing the payment of interest on deposits, would give the banks additional facilitles of circula- tion. His recommendations are only for the banks ard not for the people. They tail to reach the seat of the disease and practically are mero platitudes which would be hurtful iz application. But the President bas done well in opposing inflation. If he had only gone a little further agd favored making the national currency to consist only of legal tender notes, sweeping away those dangerous institutions, the banks, he would haye done what the busi- ness interests of the country require. almost did it in suggesting to the considera- tion of Congress whether it would not be well that banking should be free. Only another word was necessary to make General Grant the champion of the true financial policy of the governmont. Loss of the Ville du ‘The Havre— “Somebody Blundered.” ‘The special despatches to the Hurstp which we give elsewhere will afford a melan- choly pleasure to the friends of the survivors of the ocean calamity, who were treated in England with such touching sympathy in their disaster; but to the inconsolable sorrow of those who have lost their relatives must now be added, apparently, the painful knowl- edge that the disaster might not only have been avoided, but was actually due to a wrong order to the man at the wheel. If we accu- rately interpret the words, which the cable has put in a somewhat ambiguous form, the sailor on the lookout reported a ship in sight to the officer on duty, who gave a ‘confused ordez"’ to the helmsman, and on this ‘confused or- der’’ the whole history of the occurrence will turn. No doubt the wheel was put the wrong way. ‘he ofticer referred to, who has per- ished, is also blamed by the Captain. It ap- pears that, as commonly happens in these cases, there was no discipline. There were also no life preservers. One gentleman searched vainly in four cabins for these articles and found none. Oar present de- spatches correet previous statements regarding the weather. It was a clear, starlight night. Upon the arrival of the survivors at Cardiff éhey were received with generous sympathy, but the United States Consul, who had some duties in the case, was not there. Are United States Consuls always absent in cases of great emergency ? It is time that practical steps were taken for the prevention of these horrors by the adop- tion of steamer laws. This terrible disaster has had no parallel since that which befell the United States mail steamer Arctic, in October, 1854, when in a thick fog off Cape Race she collided with the French steamer Vasta. On that fearful occasion there perished with the noble vessel about three hundred men, women and children. ‘he terrors of that scene aroused the ingenuity of science to devise some adequate remedy for such aacidents. Numerous plans were proposed for multiply- ing life-saving apparatus on board ships, and preventive appliances, such as fog signals, true compasses, &¢.; but among all the expe- dients then devised the most simple and com- prehensive was proposed by Lieutenant Maury, the Superintendent of the National Observa- tory, and which, after the lapse of so many years, has recently been adopted by the Cunard steamships. He proposed two ship laws, one for steamers going and the other for steamers returning, so chartered that there would be a minimum risk of collision, and that minimum only confined to collision with sailing vessels. The part of the ocean used by the different lines is a belt extending between fifteen degrees and sixty-five degrees west longitudo, and between one hundred and fifty and three hundred miles broad. While some of these marine roadways overlap and intersect each other, the proposition, therefore, to lay off a law of twenty-five or thirty miles breadth on the northern and southern borders of a given route, and the recommendation to steamers coming westwardly to use the former and going eastwardly to use the latter, if adopted, would vastly lessen the Jiabilities of collision. The strong argument urged by many in behal? of the general adoption of these laws was that a3 soon as their adoption by steamers became known to seamen all sailing ves- sels would immediately giva a wide berth to them, just as the public high- ways the horse vehicles avoid the railroads, Moreover, it was apparent that if a sailing vessel had occasion to cross the steamer laws in the darkness of night or amid the be- wildsrment of a fog, she would be donbly vigi- lant to avoid collision, a8 the pedestrian is when at night compelled to cross the track of the locomotive. The steam tracks were pur- posely made #0 narrow that, if a sailing ves- on sels course was near them ns night came on |, or the weather thickened, the master would begin to think of tho steamers and collisions, and feel unensy until he bad edged off to one side and Jett the steam track clear. The old | paddle-wheel steamers, by their noise, gave warning of their approach; but the modern screw steamer is a noiseless monster, and in foggy or heavy weather slides alinost unheard and with deadly speed throngh the waves, This fact and the rapidly multiplying freqnency of collisions, wrecks and great lostes of life, atl plead, trumpet-tongued, for the adoption of any routes by steamers which may enhance safety. ‘This is imperatively demanded, even ot tho sacrifice of time and speed, were such sacrifices neces- sary; but, so far from it, there can be little doubt that if the proposed laws were followed time would be saved. ‘The steamers’ track for vessels coming westwardly lies far enough north to avoid the returning effect of the Gulf Stream current, and is thirty miles shorter than the old Cunard and Collins track, while that for vessels going to Europe, thongh seventy-five miles longer in distance, is shorter in time, because it lies in the axial band of the Gulf Stream (which helps the steamer), and is favored by finer woathor and fewer fogs, mutha (ake un tha President's nranonition that | ‘The Cunard Siwemshin Comnany, mcugninine He | ® necessity for special lines of transit, last summer commenced running ila vessels ac- cordingty, and the present appalling horror imperatively demands similar and concerted action by all the other transatlentic steamer lines, The Nomination tor Chief Justiceship. Our Washington despatches inform us that President Grant yesterday sent to the Senate the nomination of Attorney General Williams, of the present Cabinet, as Chief Justice of the United States. As the Senate is at present constituted, having an administra- tion majority which can be counted on for confirming anything the administration desires, this nomination ig virtually an ap- pointment. Tho Prosident has waited many mouths before coming to this conclusion, and no one who wishes the President well can rejoice in the nomination, Mr. Williams is so new aman that he must wear the honor that has desoonded an his shoulders some time before any one can tell whether ho is likely to adorn the position or not. The one thing certain about him is that be hay managed to fill some conspicuous party positions without any trace of greatness being apparent. As a Western politician he was first heard of, and then as an obedient Senator he appeared at the national capital. This position he lost in the course of time. Prosident Grant now found him, and he appeared in the Joint High Commission, but left no mark of consequence, and when he was yreparing to vegetate the President made him Attorney General. To-day this succeasfyl partisan, who must wonder at his great Inck, finds the diadem of the American Bar at his fect. What he has done for his party except obey it; what ability he has shown as a lawyer, except in hastening to justify questionable party acts; what he has accomplished in life, except drift on politics into success, are things he will ask himself without hope of giving a very satisfactory reply. We havo condemned the plan which would make such a towering national position as the Chief Justicoship a thing of mere party spoil or patty bargaining. This appointment unhap- pily exhibits the greatest office in the Presi- dent's gift as flung in the basket whence coun- try postmasterships and obscure foreign con- sulates are drawn as party pay. It is not even given to a great partisan, but seems shuffled out as part of a bargain which will give another appointment to some needy being among the followers of the powers that be. The President cannot think that in passing over great lawyers like Evarts, Curtis, O'Conor and Cushing he has done a respectful thing to the intelligence of the nation, At least a score of other names high in legal honors might be mentioned, whose fitness in every respect for the position would have been manifest to the world. Only out of abject flattery could it be said that the name of Mr. Williams, of Oregon, would be found among such. England rewarded her unsucegssful lawyer in the Geneva arbitra- tion, Sir Roundell Palmer, with the Lord Chan- cellorship; America slights her successful lawyer in the same high court by giving the appointment of the Chief Justice to a man whosa fitness has no test beyond steady ser- vice to a political party. Had Mr. Curtis been appointed the nation would have gained a per- fect Chief Justice; and the passing over of any individual could not have excited any well founded antagonistic criticism. The nomination, as it stands, is a realization of almost the worst that could befall this great office. The Virginius Protocol—The Proposed Surrender to Spain. The terms agreed upon between Secretary Fish and Admiral Polo for the settlement of the Virginius outrage are now before the American people. The protocol, at length officially published, differs but little from the yersion furnished semi-officially to the press last Sunday, except that in the latter Spain was made to guarantee the institution of pro- ceedings against any of her authorities who may have violated either law or treaty stipu- lations, whila the original document reads that such proceedings, “it is understood,” are to be instituted by Spain, The conditions are, however, in substance such as we have already commented on atlength. hoy are degrading to the United States. They afford no guarantee that Spain relinquishes the right of visitation and search on the bigh seas which she has claimed and enforced with such fatal results. They give no protection for the future to our commerce or to the lives of our citizens, They leave the atrocious rule in Cubs untouched. They queuch no spark of the firebrand which for the past five yaars hag been brandished at our threshold, and from which we are in con- stant danger of a conflagration. They recall no word of the outrageous proclamations of the Cuban Captains General Dulce and De Rodas against which our Secretary of State— always as sweet as molayses towards the Span- ish government-—bas fulminated his doughty protests. They leave us, in fact, with all these Spanish-Cuban complications, insults and outrages threatening and injuring us, as they have threatened and in- jured us ever since the flames of the Cuban revolution were first kindled on the unhappy island. The disgraceful protocol is an abandon- mont of the demands first made by our gov- ernment on Spain, Those demands were published at the time in the Henaz, in our special despatches from Madrid, and are now recapitulated by President Grant in his Mes- sage. ‘In accordance with this principle,”’ mys the President, alluding to the exemption from visitation or search in times of peace claimed by us for our vessels on the high seas, “the restoration of the Virginius, the sur- render of the survivors of her passengers and crew, ® due reparation to the flag and the punishment of the authorities who have been guilty of the illegal acts of violence were de- manded.” It will be seen that the compromise effected by Mr. Fish is nothing like the demand. The vessel is to be restored, it is trne, if the Spanish-Cuban outlaws do not, meanwhile, destroy her, and the survivors are to be surrendered, if the Spanish-Cuban butchers do not, meanwhile, cnt their throats; but the “due reparation’ to our flag is made conditional, and the punishment of the murderer Burriel and his accomplices is not conceded, On the contrary, it is only “anderstood” that Spain will institute pro- ceedings to discover if any of her authorities have infringed “Spanish Jaws,'’ which legal- ize Gave atroviticw ox “tromky obbiaations.”” \ which Spain interprets in accordance wit her own views, The protocol is, therefore, a cow- ardly retreat on the part of our government from its first position and a degrading sur- render of our national honor. We should deeply regret to find this shame. ful protocol endorsed by President Grant as “honorable to both nations,” if his Message did not bear evidence that he has not found time, in the pressure of his other duties, ta read the instrument understandingly, and that he has been grossly misinformed as to ils con- tents and meaning. Tho President states that the Spanish government ‘has arranged for the immediate delivery of tho vessel and for the surrender of the survivors of the passen- gers and crew, and fora salute to tho flag, and for proceedings looking to the punish- ment of those who may be proved to have been guilty of illegal acts of violence towards citizens of the United States, and also towards indemnifying those who may be shown to be entitled to indemnity.” A perusal of the pro- toeol will show the President that his state- mout of its conditions is incorrect. He may not be well versod in diplomatic chicanery, but common sense will prove to him that the protocol does not warrant the recapitulation of the terms of settlement made in his Message. When he understands that Mr, Fish has vir- tually abandoned all the conditions demanded by our government with the exception of the surrender of the ship and the surviving cap- tives he will probably denounce the protocot as warmly as he now endorses its supposed provisions, and will unite with the Hrram in exhorting the Senate to save us from the dis- honor of its ratification. Meanwhile we commend to the attention of the President, the Senate, the Secretary of State and Admiral Polo the special despatches of the Henaxp correspondents at Havana and Santiago de Cuba published to-day. From, these despatches the administration and the Spanish official will understand the spirit that, actuates the Spanish-Cuban outlaws and tho character of the people with whom we are asked to make a disgraceful compromise. Is it probable that we can tive in the future in peaceful neighborhood with such a comnmnity,' even if we should yield our national honor for, the sake of a hollow truco? It would bai singular if to the insubordination and ferocity; of these bloodthirsty spirits of the Casino Espaiiol we should owe our escape from national dishonor; but even if the fierce oppo-: sition of the Spanish-Cubans to the proposed! settlement should turn out to be nothing more: than a frothy exhibition of their chamteriatic; bluster it should at least open the eyes of the: Senate of the United States to the necessity of better guarantees for the future than are to be found in the terms of surrender signed by the limber diplomate at the head of our State’ Department. Mr. on the Age. Tn another part of the paper will be found the eloquent address delivered by Mr. Disracli upon his installation as Lord Rector of the University of Glasgow. Mr. Disraeli’s art ag’ an orator and his graceful style always insaro an intellectual treat to his admirers; but on this occasion there is especial attraction in the: ingeonity of construction by which a formal and ceremonial speech is made a telling bil of indictment against the liberal party, aw well as in the rich diction and pelluctd phrase~ ology by which the ofator's opinions are pres sented in a guise 60 well-bred and elegant that: it would seem vulgar to doubt them, while to oppose might excite the suspicion that one had fow-bred liberal sympathies. Profess- edly Mr. Disraeli deals with ‘the spirit of the age.’’ He tells the students that im life two kinds of knowledge are necessary— first, knowledge of ourselves and of our powers: as useful indications for the choice of a career; and, second, the knowledge necessary for the pursuit of that career, the most im- portant point of this latter kind of knowl- edge being a true perception of the character and vital spirit of the time in which our ac- tivity shell fal In giving the studeuts a few hints for enabling them practically to utllize his advice snd to form an estimate of the spirit of this age, he does not lose the oppor- tunity to present a case against the political party in power, which it is his especial’ function to criticise. He tells thom that the spirit of the time in which wa live is the “spirit of equality,’’ and further and incidentally, that tha ‘equality of all subjects before the law is the only founda- tion of a perfect commonwealth."’ Equality before the law, therefore, is not the sart that we are to fear and oppose; but thera are other kinds, There is social equality, that would obliterate classes, and there is physical equality, that would obliterate countries—that is, political frontiers, so that in Great Britain, for instance, it wonld make no difference in @ man’s chances in life whether he were an Englishman, an Irishman or a Scotehman, and no difference in tha consideration of a purely political topia whether it applied to an abuse or a remedy for Dublin or London. These are tho kinds of equality against which the eloquent gentle- man explodes bis wrath. Social equality is held up in the dreadfal examples of the French: Revolution to exaite a salutary fear in tho bosoms of good conservative children; and physical equality, we aro assured, is ‘the dis- turbing principle that is now rising like a morning wind m Europe” and that by and by will swell tos “raging storm'’—unless, of the conservatives get into oftice, wo shall hear no more of it. In Mr. Disraeli’s oration is a very elegant, brilliant and thoroughly unsound argument against the main political tendency of this period; and this fact indicates how safe a guide he is to people who wish to comprehend the spirit of the age. Aro the students of Glasgow so callow in their wit that they can be made to believe in any possi- ble similarity between the effects of the politi- cal cataclysm of '89 and the liberalism of the party now in power in England? Or has the orator underryjted their intelligence? Wa suspect the latter. The editors of the London Standard may believe in, or affect to believe in, these fancy coraparisons, but a crowd of uni« versity Scotchmen are out of the reach of: shots of that calibre. Disracli Spirit of the course, when other words, Tuu Spanisa Repupirc has been declared definitively established. Dy order of the Madrid government the royal insignia will be removed from the flags and standards of the army. ‘This will prove a heavy blow and great dis. couragement to tha causa of the Carlista end, Alionsista,